AQR FUNDS

File the schedules as of the close of the reporting period as set forth in §§ 210.12-12 - 12-14 of Regulation S-X [17 CFR §§ 210.12-12 — 12-14]. The schedules need not be audited.


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 97.0%

Aerospace & Defense - 4.2%
Boeing Co. (The)		112,874		22,320,834
General Dynamics Corp.		4,681		927,306
Huntington Ingalls Industries, Inc.		66,014		12,289,166
Northrop Grumman Corp.		26,078		6,694,483
Raytheon Co.		97,287		15,709,905
Spirit AeroSystems Holdings, Inc., Class A		219,187		12,699,695

				70,641,389

Air Freight & Logistics - 0.2%
FedEx Corp.		15,768		3,426,859


Airlines - 2.7%
Alaska Air Group, Inc.		18,204		1,633,991
Copa Holdings SA, Class A (Panama)		14,197		1,661,049
Delta Air Lines, Inc.		174,785		9,392,946
JetBlue Airways Corp. *		480,555		10,971,071
Southwest Airlines Co.		86,807		5,394,187
United Continental Holdings, Inc. *		222,190		16,719,797

				45,773,041

Auto Components - 0.7%
Goodyear Tire & Rubber Co. (The)		48,214		1,685,561
Lear Corp.		65,195		9,262,906

				10,948,467

Automobiles - 0.6%
General Motors Co.		156,215		5,456,590
Thor Industries, Inc.		45,946		4,802,276

				10,258,866

Banks - 7.0%
Bank of America Corp.		612,952		14,870,216
Citigroup, Inc.		206,752		13,827,574
East West Bancorp, Inc.		14,895		872,549
Fifth Third Bancorp		56,309		1,461,782
JPMorgan Chase & Co.		354,322		32,385,031
M&T Bank Corp.		20,063		3,249,203
PNC Financial Services Group, Inc. (The)		93,068		11,621,401
Popular, Inc.		39,719		1,656,679
SunTrust Banks, Inc.		134,928		7,653,116
US Bancorp		229,101		11,894,924
Wells Fargo & Co.		307,991		17,065,781

				116,558,256

Beverages - 1.0%
Constellation Brands, Inc., Class A		53,961		10,453,864
PepsiCo, Inc.		60,410		6,976,751

				17,430,615

Biotechnology - 2.2%
Amgen, Inc.		14,816		2,551,760
Biogen, Inc. *		16,567		4,495,621
Bioverativ, Inc. *		8,283		498,388
Celgene Corp. *		6,594		856,363
Exelixis, Inc. *		191,065		4,705,931
Gilead Sciences, Inc.		112,785		7,982,922
United Therapeutics Corp. *		89,826		11,653,127
Vertex Pharmaceuticals, Inc. *		24,159		3,113,370

				35,857,482


INVESTMENTS	SHARES		VALUE ($)
Building Products - 0.7%
Owens Corning		165,275		11,060,203


Capital Markets - 1.3%
Bank of New York Mellon Corp. (The)		111,687		5,698,271
FactSet Research Systems, Inc.		9,436		1,568,074
Goldman Sachs Group, Inc. (The)		13,489		2,993,209
Morgan Stanley		22,476		1,001,531
S&P Global, Inc.		17,709		2,585,337
State Street Corp.		81,114		7,278,359

				21,124,781

Chemicals - 2.0%
Cabot Corp.		47,048		2,513,775
Chemours Co. (The)		160,521		6,086,956
Dow Chemical Co. (The)		85,248		5,376,592
EI du Pont de Nemours & Co.		59,372		4,791,914
Huntsman Corp.		72,620		1,876,501
LyondellBasell Industries NV, Class A		115,634		9,758,353
Monsanto Co.		28,162		3,333,254

				33,737,345

Commercial Services & Supplies - 0.8%
Cintas Corp.		67,637		8,524,968
Republic Services, Inc.		13,617		867,811
Rollins, Inc.		16,121		656,286
Waste Management, Inc.		33,664		2,469,254

				12,518,319

Communications Equipment - 1.4%
Brocade Communications Systems, Inc.		34,368		433,381
Cisco Systems, Inc.		574,363		17,977,562
Juniper Networks, Inc.		188,007		5,241,635

				23,652,578

Consumer Finance - 0.2%
Discover Financial Services		55,792		3,469,705
Synchrony Financial		16,393		488,839

				3,958,544

Containers & Packaging - 0.1%
Avery Dennison Corp.		9,703		857,454


Distributors - 0.1%
LKQ Corp. *		30,523		1,005,733


Diversified Consumer Services - 0.3%
Graham Holdings Co., Class B		1,624		973,832
H&R Block, Inc.		114,273		3,532,178

				4,506,010


Diversified Financial Services - 1.3%
Berkshire Hathaway, Inc., Class B *		131,492		22,270,800


Diversified Telecommunication Services - 0.8%
AT&T, Inc.		368,921		13,919,389


Electric Utilities - 2.6%
Edison International		15,877		1,241,423
Eversource Energy		38,708		2,349,963
Exelon Corp.		236,399		8,526,912
Great Plains Energy, Inc.		41,596		1,217,931
Hawaiian Electric Industries, Inc.		24,525		794,120


INVESTMENTS	SHARES		VALUE ($)
Electric Utilities - 2.6% (continued)
NextEra Energy, Inc.		25,426		3,562,945
PG&E Corp.		221,220		14,682,371
Pinnacle West Capital Corp.		114,855		9,781,052
Xcel Energy, Inc.		27,806		1,275,739

				43,432,456

Electronic Equipment, Instruments & Components - 0.9%
Arrow Electronics, Inc. *		41,487		3,253,411
CDW Corp.		25,274		1,580,383
Corning, Inc.		259,570		7,800,078
Dolby Laboratories, Inc., Class A		32,313		1,582,044
Jabil, Inc.		44,551		1,300,444

				15,516,360

Energy Equipment & Services - 0.1%
Baker Hughes, Inc.		30,914		1,685,122


Equity Real Estate Investment Trusts (REITs) - 3.1%
American Tower Corp.		31,544		4,173,902
AvalonBay Communities, Inc.		10,236		1,967,052
Boston Properties, Inc.		11,170		1,374,133
Crown Castle International Corp.		20,620		2,065,712
Digital Realty Trust, Inc.		58,944		6,657,725
Equinix, Inc.		7,311		3,137,589
Equity Residential		45,227		2,977,293
Essex Property Trust, Inc.		2,826		727,045
GGP, Inc.		53,013		1,248,986
HCP, Inc.		45,628		1,458,271
Host Hotels & Resorts, Inc.		97,937		1,789,309
Prologis, Inc.		38,097		2,234,008
Public Storage		23,955		4,995,336
Realty Income Corp.		46,031		2,539,991
Simon Property Group, Inc.		28,970		4,686,187
Ventas, Inc.		65,952		4,582,345
Vornado Realty Trust		12,491		1,172,905
Welltower, Inc.		27,691		2,072,671
Weyerhaeuser Co.		75,677		2,535,180

				52,395,640

Food & Staples Retailing - 1.8%
Costco Wholesale Corp.		7,308		1,168,768
Wal-Mart Stores, Inc.		386,847		29,276,581

				30,445,349

Food Products - 2.0%
Archer-Daniels-Midland Co.		51,385		2,126,311
Bunge Ltd.		9,706		724,068
Conagra Brands, Inc.		97,386		3,482,523
Flowers Foods, Inc.		38,876		672,943
Ingredion, Inc.		78,284		9,332,236
Pilgrim’s Pride Corp. *		255,929		5,609,964
Tyson Foods, Inc., Class A		185,765		11,634,462

				33,582,507

Health Care Equipment & Supplies - 0.6%
Baxter International, Inc.		143,507		8,687,914
Hill-Rom Holdings, Inc.		11,338		902,618

				9,590,532


INVESTMENTS	SHARES		VALUE ($)
Health Care Providers & Services - 4.9%
Anthem, Inc.		90,282		16,984,753
Centene Corp. *		65,856		5,260,577
Cigna Corp.		14,323		2,397,527
Express Scripts Holding Co. *		65,759		4,198,054
Humana, Inc.		55,352		13,318,798
McKesson Corp.		32,317		5,317,439
UnitedHealth Group, Inc.		98,735		18,307,444
WellCare Health Plans, Inc. *		87,712		15,749,567

				81,534,159

Hotels, Restaurants & Leisure - 2.8%
Carnival Corp.		185,768		12,180,808
Darden Restaurants, Inc.		196,325		17,755,633
Domino’s Pizza, Inc.		3,846		813,544
International Game Technology plc		106,575		1,950,323
Las Vegas Sands Corp.		30,572		1,953,245
McDonald’s Corp.		16,798		2,572,782
Royal Caribbean Cruises Ltd.		77,602		8,476,466
Wyndham Worldwide Corp.		8,200		823,362

				46,526,163

Household Durables - 0.6%
DR Horton, Inc.		104,531		3,613,637
NVR, Inc. *		1,296		3,124,150
PulteGroup, Inc.		132,554		3,251,550

				9,989,337


Household Products - 1.3%
Procter & Gamble Co. (The)		248,760		21,679,434


Industrial Conglomerates - 0.1%
3M Co.		5,269		1,096,953


Insurance - 6.7%
Aflac, Inc.		119,729		9,300,549
Allstate Corp. (The)		169,794		15,016,581
American Financial Group, Inc.		92,559		9,197,588
Assured Guaranty Ltd.		235,855		9,844,588
Chubb Ltd.		34,239		4,977,666
CNA Financial Corp.		37,224		1,814,670
Everest Re Group Ltd.		74,846		19,055,043
First American Financial Corp.		26,485		1,183,614
Lincoln National Corp.		84,912		5,738,353
Prudential Financial, Inc.		65,511		7,084,359
Reinsurance Group of America, Inc.		73,148		9,391,472
Travelers Cos., Inc. (The)		115,307		14,589,795
Unum Group		29,505		1,375,818
WR Berkley Corp.		31,629		2,187,778

				110,757,874


Internet & Direct Marketing Retail - 1.3%
Amazon.com, Inc. *		19,900		19,263,200
Liberty Interactive Corp. QVC Group, Class A *		41,495		1,018,287
Priceline Group, Inc. (The) *		613		1,146,629

				21,428,116

Internet Software & Services - 5.7%
Akamai Technologies, Inc. *		112,089		5,583,153
Alphabet, Inc., Class A *		27,572		25,633,137
Alphabet, Inc., Class C *		21,385		19,433,191


INVESTMENTS	SHARES		VALUE ($)
Internet Software & Services - 5.7% (continued)
Cars.com, Inc. *		17,544		467,197
eBay, Inc. *		494,571		17,270,419
Facebook, Inc., Class A *		147,502		22,269,852
IAC/InterActiveCorp *		46,459		4,796,427

				95,453,376

IT Services - 1.7%
Accenture plc, Class A		54,344		6,721,266
Amdocs Ltd.		33,057		2,130,854
Booz Allen Hamilton Holding Corp.		126,356		4,111,624
Cognizant Technology Solutions Corp., Class A		14,274		947,794
DXC Technology Co.		19,346		1,484,225
Fiserv, Inc. *		28,636		3,503,328
International Business Machines Corp.		62,389		9,597,300

				28,496,391

Life Sciences Tools & Services - 0.2%
Charles River Laboratories International, Inc. *		4,761		481,575
Mettler-Toledo International, Inc. *		1,212		713,311
Waters Corp. *		11,913		2,190,086

				3,384,972

Machinery - 2.0%
Crane Co.		32,222		2,557,782
Cummins, Inc.		52,103		8,452,149
Deere & Co.		45,474		5,620,131
Ingersoll-Rand plc		23,061		2,107,545
Oshkosh Corp.		184,461		12,705,674
Toro Co. (The)		8,630		597,973
Trinity Industries, Inc.		71,391		2,001,090

				34,042,344

Media - 2.2%
Cable One, Inc.		2,751		1,955,686
Cinemark Holdings, Inc.		20,442		794,172
Comcast Corp., Class A		388,563		15,122,872
John Wiley & Sons, Inc., Class A		12,594		664,333
TEGNA, Inc.		52,634		758,456
Time Warner, Inc.		54,921		5,514,618
Walt Disney Co. (The)		105,393		11,198,006

				36,008,143

Metals & Mining - 0.5%
Newmont Mining Corp.		34,694		1,123,738
Royal Gold, Inc.		28,087		2,195,561
Steel Dynamics, Inc.		141,517		5,067,724

				8,387,023

Mortgage Real Estate Investment Trusts (REITs) - 0.1%
Annaly Capital Management, Inc.		173,455		2,090,133


Multiline Retail - 0.3%
Kohl’s Corp.		110,665		4,279,416


Multi-Utilities - 1.8%
Ameren Corp.		205,704		11,245,838
Consolidated Edison, Inc.		132,611		10,717,621
DTE Energy Co.		68,454		7,241,749
Public Service Enterprise Group, Inc.		28,658		1,232,580

				30,437,788


INVESTMENTS	SHARES		VALUE ($)
Oil, Gas & Consumable Fuels - 1.4%
Energen Corp. *		28,117		1,388,136
Exxon Mobil Corp.		9,878		797,451
Marathon Petroleum Corp.		143,154		7,491,249
Pioneer Natural Resources Co.		10,426		1,663,781
Valero Energy Corp.		186,101		12,554,374

				23,894,991

Pharmaceuticals - 3.1%
Johnson & Johnson		197,339		26,105,977
Merck & Co., Inc.		167,080		10,708,157
Pfizer, Inc.		417,658		14,029,132

				50,843,266

Professional Services - 0.3%
ManpowerGroup, Inc.		45,526		5,082,978


Real Estate Management & Development - 0.1%
CBRE Group, Inc., Class A *		18,438		671,143
Jones Lang LaSalle, Inc.		2,862		357,750

				1,028,893

Road & Rail - 0.6%
CSX Corp.		28,099		1,533,081
Norfolk Southern Corp.		16,325		1,986,753
Union Pacific Corp.		53,306		5,805,556

				9,325,390

Semiconductors & Semiconductor Equipment - 5.7%
Applied Materials, Inc.		440,923		18,214,529
Intel Corp.		649,920		21,928,301
Lam Research Corp.		75,338		10,655,053
Micron Technology, Inc. *		428,024		12,780,797
NVIDIA Corp.		42,427		6,133,247
ON Semiconductor Corp. *		53,742		754,538
Skyworks Solutions, Inc.		89,710		8,607,674
Texas Instruments, Inc.		197,777		15,214,985

				94,289,124

Software - 4.2%
Activision Blizzard, Inc.		196,562		11,316,074
Cadence Design Systems, Inc. *		19,993		669,565
Citrix Systems, Inc. *		36,031		2,867,347
Electronic Arts, Inc. *		57,108		6,037,458
Microsoft Corp.		494,189		34,064,448
Oracle Corp.		31,497		1,579,260
Synopsys, Inc. *		69,056		5,036,254
VMware, Inc., Class A *(a)		98,225		8,587,812

				70,158,218

Specialty Retail - 3.4%
Best Buy Co., Inc.		336,577		19,295,959
Burlington Stores, Inc. *		5,259		483,775
Dick’s Sporting Goods, Inc.		59,361		2,364,349
Foot Locker, Inc.		171,836		8,468,078
Gap, Inc. (The)		150,684		3,313,541
Home Depot, Inc. (The)		83,322		12,781,595
Murphy USA, Inc. *		29,411		2,179,649
Ross Stores, Inc.		53,933		3,113,552
TJX Cos., Inc. (The)		34,706		2,504,732
Williams-Sonoma, Inc.		40,059		1,942,862

				56,448,092


INVESTMENTS	SHARES		VALUE ($)
Technology Hardware, Storage & Peripherals - 5.2%
Apple, Inc.		422,778		60,888,487
Hewlett Packard Enterprise Co.		512,235		8,497,979
HP, Inc.		238,154		4,162,932
NetApp, Inc.		113,697		4,553,565
Western Digital Corp.		98,663		8,741,542

				86,844,505

Textiles, Apparel & Luxury Goods - 0.0% (b)
Coach, Inc.		10,301		487,649


Thrifts & Mortgage Finance - 0.0% (b)
New York Community Bancorp, Inc.		31,509		413,713


Tobacco - 1.5%
Altria Group, Inc.		127,125		9,466,999
Philip Morris International, Inc.		100,862		11,846,242
Reynolds American, Inc.		53,626		3,487,835

				24,801,076

Trading Companies & Distributors - 0.5%
Air Lease Corp.		17,871		667,661
MSC Industrial Direct Co., Inc., Class A		52,988		4,554,848
United Rentals, Inc. *		27,225		3,068,530

				8,291,039

Transportation Infrastructure - 0.1%
Macquarie Infrastructure Corp.		14,016		1,098,854

TOTAL COMMON STOCKS (Cost $1,359,070,951)				1,614,753,507


SHORT-TERM INVESTMENT - 3.3%

Investment Company - 3.3%
Limited Purpose Cash Investment Fund, 0.81%
(Cost $54,511,494) (2)(c)		54,516,946		54,511,494


SECURITIES LENDING COLLATERAL - 0.4%

Investment Company - 0.4%
Investments in a Pooled Account through Securities Lending Program with Citibank NA
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84%
(Cost $5,865,800) (2)(c)(d)		5,865,800		5,865,800

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 100.7% (Cost $1,419,448,245)				1,675,130,801


LIABILITIES IN EXCESS OF OTHER ASSETS - (0.7)% (e)				(11,539,571	)

NET ASSETS - 100.0%				1,663,591,230


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	201,885,992		12.1	%
Consumer Staples		127,938,982		7.7
Energy		25,580,113		1.5
Financials		277,174,101		16.7
Health Care		181,210,411		10.9
Industrials		202,357,370		12.2
Information Technology		414,410,551		24.9
Materials		42,981,822		2.6
Real Estate		53,424,533		3.2
Telecommunication Services		13,919,389		0.8
Utilities		73,870,243		4.4
Short-Term Investment		54,511,494		3.3
Securities Lending Collateral		5,865,800		0.4

Total Investments In Securities At Value		1,675,130,801		100.7
Liabilities in Excess of Other Assets (e)		(11,539,571)		(0.7)

Net Assets	$	1,663,591,230		100.0	%

All securities are United States companies, unless noted otherwise in parentheses.

*	Non-income producing security.

(a)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $5,727,890.

(b)	Represents less than 0.05% of net assets.

(c)	Represents 7-day effective yield as of 6/30/2017.

(d)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

(e)	Includes appreciation/(depreciation) on futures contracts.

All securities are Level 1 with respect to ASC 820, unless otherwise noted in parentheses.

(2)	Level 2 security (See Note 4).

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 96.6%

Aerospace & Defense - 1.2%
AAR Corp.		9,576		332,862
Curtiss-Wright Corp.		21,437		1,967,488
DigitalGlobe, Inc. *		23,843		793,972
Esterline Technologies Corp. *		15,928		1,509,974
Moog, Inc., Class A *		20,096		1,441,285
National Presto Industries, Inc.		9,582		1,058,811
Teledyne Technologies, Inc. *		2,301		293,723
Vectrus, Inc. *		57,907		1,871,554

				9,269,669

Air Freight & Logistics - 0.2%
Air Transport Services Group, Inc. *		37,962		826,812
Hub Group, Inc., Class A *		9,429		361,602

				1,188,414

Airlines - 0.4%
Allegiant Travel Co.		5,157		699,289
Hawaiian Holdings, Inc. *		18,265		857,542
SkyWest, Inc.		36,908		1,295,471

				2,852,302

Auto Components - 4.4%
American Axle & Manufacturing Holdings, Inc. *		353,312		5,511,667
Cooper Tire & Rubber Co. (a)		127,707		4,610,223
Cooper-Standard Holdings, Inc. *		63,496		6,404,841
Dana, Inc.		221,519		4,946,519
Dorman Products, Inc. *		25,667		2,124,458
LCI Industries		46,109		4,721,562
Standard Motor Products, Inc.		4,963		259,168
Stoneridge, Inc. *		75,842		1,168,725
Superior Industries International, Inc.		10,984		225,721
Tenneco, Inc.		53,473		3,092,344
Tower International, Inc.		16,800		377,160

				33,442,388

Automobiles - 0.1%
Winnebago Industries, Inc.		21,124		739,340


Banks - 9.3%
1st Source Corp.		12,341		591,628
Ameris Bancorp		13,565		653,833
BancorpSouth, Inc.		16,434		501,237
Bank of the Ozarks, Inc.		9,074		425,298
Brookline Bancorp, Inc.		68,576		1,001,210
Canadian Imperial Bank of Commerce (Canada)		14,453		1,173,005
Cathay General Bancorp		30,589		1,160,853
CenterState Banks, Inc.		45,102		1,121,236
Central Pacific Financial Corp.		9,052		284,866
Chemical Financial Corp.		44,405		2,149,646
City Holding Co.		5,517		363,405
Community Bank System, Inc.		4,534		252,861
Community Trust Bancorp, Inc.		5,161		225,794
Customers Bancorp, Inc. *		47,060		1,330,857
Eagle Bancorp, Inc. *		8,567		542,291
Enterprise Financial Services Corp.		29,209		1,191,727


INVESTMENTS	SHARES		VALUE ($)
Banks - 9.3% (continued)
FCB Financial Holdings, Inc., Class A *		5,256		250,974
Fidelity Southern Corp.		34,506		788,807
First BanCorp *		252,971		1,464,702
First Busey Corp.		10,793		316,451
First Citizens BancShares, Inc., Class A		7,518		2,801,959
First Commonwealth Financial Corp.		20,485		259,750
First Financial Bancorp		50,378		1,395,471
First Financial Corp.		5,448		257,690
First Interstate BancSystem, Inc., Class A		54,005		2,008,986
First Merchants Corp.		53,707		2,155,799
Flushing Financial Corp.		14,191		400,044
Fulton Financial Corp.		98,410		1,869,790
Great Southern Bancorp, Inc.		12,259		655,856
Great Western Bancorp, Inc.		127,546		5,205,152
Hancock Holding Co.		73,444		3,598,756
Hanmi Financial Corp.		38,848		1,105,226
Heartland Financial USA, Inc.		30,526		1,437,775
Heritage Financial Corp.		15,782		418,223
Hilltop Holdings, Inc.		59,624		1,562,745
Home BancShares, Inc.		24,680		614,532
Hope Bancorp, Inc.		72,418		1,350,596
IBERIABANK Corp.		5,480		446,620
International Bancshares Corp.		69,059		2,420,518
LegacyTexas Financial Group, Inc.		59,138		2,254,932
MB Financial, Inc.		35,823		1,577,645
NBT Bancorp, Inc.		31,465		1,162,632
Old National Bancorp		17,158		295,975
Pacific Premier Bancorp, Inc. *		6,238		230,182
Pinnacle Financial Partners, Inc.		10,224		642,067
Preferred Bank		20,976		1,121,587
Prosperity Bancshares, Inc.		34,883		2,240,884
Renasant Corp.		24,309		1,063,276
S&T Bancorp, Inc.		7,320		262,495
Sandy Spring Bancorp, Inc.		19,049		774,532
ServisFirst Bancshares, Inc.		71,288		2,629,814
Simmons First National Corp., Class A		7,766		410,821
Stock Yards Bancorp, Inc.		7,609		295,990
Texas Capital Bancshares, Inc. *		25,526		1,975,712
Tompkins Financial Corp.		4,433		348,966
Towne Bank		25,449		783,829
TriCo Bancshares		11,642		409,216
Trustmark Corp.		43,983		1,414,493
UMB Financial Corp.		5,831		436,509
Union Bankshares Corp.		19,508		661,321
Webster Financial Corp.		5,607		292,798
Wintrust Financial Corp.		41,307		3,157,507

				70,199,352

Beverages - 0.6%
Coca-Cola Bottling Co. Consolidated		2,177		498,250
MGP Ingredients, Inc.		37,988		1,943,846
National Beverage Corp.		23,009		2,152,722

				4,594,818

Biotechnology - 4.1%
AMAG Pharmaceuticals, Inc. *		24,334		447,746
Array BioPharma, Inc. *		62,800		525,636
BioSpecifics Technologies Corp. *		14,323		709,132


INVESTMENTS	SHARES		VALUE ($)
Biotechnology - 4.1% (continued)
Bluebird Bio, Inc. *		7,869		826,638
Blueprint Medicines Corp. *		9,282		470,319
Clovis Oncology, Inc. *		15,212		1,424,299
Eagle Pharmaceuticals, Inc. *(a)		49,657		3,917,441
Emergent BioSolutions, Inc.*		47,233		1,601,671
Enanta Pharmaceuticals, Inc. *		10,218		367,644
Exact Sciences Corp. *		109,907		3,887,411
Exelixis, Inc. *		325,603		8,019,602
PDL BioPharma, Inc. *		472,471		1,167,003
Portola Pharmaceuticals, Inc. *		18,850		1,058,804
Prothena Corp. plc (Ireland) *(a)		14,289		773,321
Puma Biotechnology, Inc. *		10,780		942,172
Repligen Corp. *		27,584		1,143,081
Retrophin, Inc. *		24,279		470,770
TESARO, Inc. *		10,636		1,487,551
Xencor, Inc. *		65,701		1,386,948

				30,627,189

Building Products - 2.4%
American Woodmark Corp. *		11,899		1,136,950
Apogee Enterprises, Inc.		57,426		3,264,094
Armstrong Flooring, Inc. *		11,475		206,206
Gibraltar Industries, Inc. *		60,562		2,159,035
Insteel Industries, Inc.		70,093		2,310,966
Patrick Industries, Inc. *		59,609		4,342,516
Ply Gem Holdings, Inc. *		14,505		260,365
Trex Co., Inc. *		17,334		1,172,818
Universal Forest Products, Inc.		34,749		3,033,935

				17,886,885

Capital Markets - 0.7%
Evercore Partners, Inc., Class A		18,372		1,295,226
INTL. FCStone, Inc. *		45,107		1,703,240
Janus Henderson Group plc (United Kingdom) *		10,362		343,086
Stifel Financial Corp. *		39,372		1,810,325

				5,151,877

Chemicals - 2.3%
American Vanguard Corp.		30,342		523,399
Chemours Co. (The)		153,752		5,830,276
FutureFuel Corp.		33,434		504,519
Ingevity Corp. *		4,093		234,938
Innospec, Inc.		18,718		1,226,965
Kraton Corp. *		6,463		222,586
Kronos Worldwide, Inc.		37,872		690,028
Rayonier Advanced Materials, Inc. (a)		96,282		1,513,553
Stepan Co.		29,730		2,590,672
Trinseo SA		60,018		4,123,237

				17,460,173

Commercial Services & Supplies - 2.3%
ABM Industries, Inc.		8,516		353,584
ACCO Brands Corp. *		265,079		3,088,170
Brady Corp., Class A		6,648		225,367
Deluxe Corp.		39,224		2,715,085
Ennis, Inc.		78,064		1,491,022
Herman Miller, Inc.		41,279		1,254,882
HNI Corp.		39,565		1,577,457
Knoll, Inc.		24,029		481,782


INVESTMENTS	SHARES		VALUE ($)
Commercial Services & Supplies - 2.3% (continued)
Quad/Graphics, Inc.		105,303		2,413,545
Steelcase, Inc., Class A		52,549		735,686
Tetra Tech, Inc.		11,804		540,033
UniFirst Corp.		5,911		831,678
Viad Corp.		16,359		772,963
West Corp.		27,470		640,600

				17,121,854

Communications Equipment - 1.6%
Applied Optoelectronics, Inc. *(a)		41,031		2,535,306
Finisar Corp. *		112,543		2,923,867
InterDigital, Inc.		17,172		1,327,396
Lumentum Holdings, Inc. *		8,640		492,912
NETGEAR, Inc. *		39,408		1,698,485
Oclaro, Inc. *(a)		252,077		2,354,399
Plantronics, Inc.		8,624		451,121

				11,783,486

Construction & Engineering - 2.3%
Argan, Inc.		76,463		4,587,780
Dycom Industries, Inc. *		21,299		1,906,686
EMCOR Group, Inc.		60,662		3,966,082
MasTec, Inc. *		75,345		3,401,827
MYR Group, Inc. *		22,656		702,789
Tutor Perini Corp. *		102,358		2,942,792

				17,507,956

Construction Materials - 0.2%
Summit Materials, Inc., Class A *		30,505		880,679
US Concrete, Inc. *		5,720		449,306

				1,329,985

Consumer Finance - 0.6%
FirstCash, Inc.		12,405		723,211
LendingClub Corp. *		136,429		751,724
Nelnet, Inc., Class A		17,252		811,017
Regional Management Corp. *		14,908		352,276
World Acceptance Corp. *		29,580		2,215,838

				4,854,066

Distributors - 0.1%
Core-Mark Holding Co., Inc.		17,918		592,369


Diversified Consumer Services - 1.8%
Adtalem Global Education, Inc.		109,484		4,154,918
American Public Education, Inc. *		54,097		1,279,394
Capella Education Co.		23,183		1,984,465
Career Education Corp. *		136,125		1,306,800
Grand Canyon Education, Inc. *		41,439		3,249,232
K12, Inc. *		73,623		1,319,324
Strayer Education, Inc.		3,505		326,736

				13,620,869

Diversified Telecommunication Services - 0.4%
FairPoint Communications, Inc. *		27,386		428,591
General Communication, Inc., Class A *		13,639		499,733
IDT Corp., Class B		55,256		794,029
Vonage Holdings Corp. *		160,064		1,046,818

				2,769,171


INVESTMENTS	SHARES		VALUE ($)
Electric Utilities - 0.4%
Spark Energy, Inc., Class A (a)		147,590		2,774,692


Electrical Equipment - 0.1%
Allied Motion Technologies, Inc.		1,346		36,638
Encore Wire Corp.		8,566		365,768
EnerSys		7,160		518,742
LSI Industries, Inc.		1,697		15,358

				936,506

Electronic Equipment, Instruments & Components - 4.9%
Anixter International, Inc. *		13,647		1,067,195
AVX Corp.		42,519		694,760
Benchmark Electronics, Inc. *		28,300		914,090
Coherent, Inc. *		17,741		3,991,548
Control4 Corp. *		33,682		660,504
CTS Corp.		10,541		227,686
ePlus, Inc. *		19,819		1,468,588
II-VI, Inc. *		73,616		2,525,029
Insight Enterprises, Inc. *		39,525		1,580,605
Littelfuse, Inc.		3,816		629,640
Methode Electronics, Inc.		92,098		3,794,438
Plexus Corp. *		13,071		687,142
Rogers Corp. *		14,152		1,537,190
Sanmina Corp. *		181,465		6,913,817
SYNNEX Corp.		9,489		1,138,300
Tech Data Corp. *		34,724		3,507,124
TTM Technologies, Inc. *		247,164		4,290,767
Vishay Intertechnology, Inc.		60,218		999,619

				36,628,042

Energy Equipment & Services - 0.5%
Atwood Oceanics, Inc. *(a)		166,970		1,360,805
Exterran Corp. *		25,828		689,608
Matrix Service Co. *		36,995		345,903
McDermott International, Inc. *		192,736		1,381,917
Parker Drilling Co. *		160,834		217,126

				3,995,359

Equity Real Estate Investment Trusts (REITs) - 6.9%
Acadia Realty Trust		22,872		635,842
Agree Realty Corp.		28,285		1,297,433
American Assets Trust, Inc.		13,359		526,211
CBL & Associates Properties, Inc. (a)		76,168		642,096
Chesapeake Lodging Trust		23,409		572,818
Colony Starwood Homes		25,810		885,541
CoreSite Realty Corp.		17,530		1,814,881
Cousins Properties, Inc.		152,602		1,341,372
DiamondRock Hospitality Co.		98,561		1,079,243
DuPont Fabros Technology, Inc.		36,083		2,206,836
EastGroup Properties, Inc.		8,424		705,931
Education Realty Trust, Inc.		29,191		1,131,151
FelCor Lodging Trust, Inc.		109,811		791,737
First Industrial Realty Trust, Inc.		50,404		1,442,563
Four Corners Property Trust, Inc.		50,568		1,269,763
Franklin Street Properties Corp.		62,690		694,605
GEO Group, Inc. (The)		52,351		1,548,019
Global Net Lease, Inc.		21,603		480,451


INVESTMENTS	SHARES		VALUE ($)
Equity Real Estate Investment Trusts (REITs) - 6.9% (continued)
Government Properties Income Trust		27,835		509,659
Gramercy Property Trust		53,933		1,602,349
Healthcare Realty Trust, Inc.		49,334		1,684,756
Hudson Pacific Properties, Inc.		28,576		977,013
Kite Realty Group Trust		29,359		555,766
LaSalle Hotel Properties		47,297		1,409,451
Lexington Realty Trust		86,129		853,538
LTC Properties, Inc.		15,264		784,417
Mack-Cali Realty Corp.		57,265		1,554,172
Medical Properties Trust, Inc.		101,004		1,299,922
Monmouth Real Estate Investment Corp.		74,001		1,113,715
Monogram Residential Trust, Inc.		92,620		899,340
National Health Investors, Inc.		12,852		1,017,878
Pebblebrook Hotel Trust		32,404		1,044,705
Pennsylvania REIT		35,593		402,913
Physicians Realty Trust		48,583		978,462
Potlatch Corp.		15,775		720,918
PS Business Parks, Inc.		4,743		627,926
QTS Realty Trust, Inc., Class A		20,958		1,096,732
Ramco-Gershenson Properties Trust		36,446		470,153
Retail Opportunity Investments Corp.		31,613		606,654
Rexford Industrial Realty, Inc.		45,584		1,250,825
RLJ Lodging Trust		56,430		1,121,264
Ryman Hospitality Properties, Inc.		19,404		1,242,050
Sabra Health Care REIT, Inc.		35,103		845,982
Select Income REIT		28,994		696,726
Seritage Growth Properties, Class A (a)		15,237		639,192
STAG Industrial, Inc.		23,309		643,328
Summit Hotel Properties, Inc.		66,119		1,233,119
Sunstone Hotel Investors, Inc.		92,362		1,488,875
Terreno Realty Corp.		31,022		1,044,201
Urban Edge Properties		37,635		893,079
Washington Prime Group, Inc.		62,209		520,689
Washington REIT		15,381		490,654
Xenia Hotels & Resorts, Inc.		39,930		773,444

				52,160,360

Food & Staples Retailing - 0.3%
Ingles Markets, Inc., Class A		30,615		1,019,480
SpartanNash Co.		20,472		531,453
Weis Markets, Inc.		20,314		989,698

				2,540,631

Food Products - 1.6%
Darling Ingredients, Inc. *		58,953		927,920
Fresh Del Monte Produce, Inc.		27,007		1,374,926
John B Sanfilippo & Son, Inc.		48,359		3,051,937
Omega Protein Corp.		147,242		2,635,632
Sanderson Farms, Inc.		37,289		4,312,473

				12,302,888

Gas Utilities - 0.9%
ONE Gas, Inc.		35,934		2,508,553
Southwest Gas Holdings, Inc.		37,247		2,721,266
WGL Holdings, Inc.		19,538		1,630,055

				6,859,874


INVESTMENTS	SHARES		VALUE ($)
Health Care Equipment & Supplies - 1.2%
Anika Therapeutics, Inc. *		25,844		1,275,143
Exactech, Inc. *		151		4,500
Glaukos Corp. *		16,172		670,653
iRadimed Corp. *(a)		31,546		271,295
LeMaitre Vascular, Inc.		30,851		963,168
Masimo Corp. *		51,221		4,670,331
Merit Medical Systems, Inc. *		8,466		322,978
OraSure Technologies, Inc. *		39,064		674,245
TransEnterix, Inc. *(a)		150,735		107,022

				8,959,335

Health Care Providers & Services - 1.5%
AMN Healthcare Services, Inc. *		76,080		2,970,924
BioTelemetry, Inc. *		31,531		1,054,712
Chemed Corp.		12,285		2,512,651
Cross Country Healthcare, Inc. *		20,315		262,267
HealthEquity, Inc. *		28,116		1,401,020
Molina Healthcare, Inc. *		3,232		223,590
Select Medical Holdings Corp. *		30,983		475,589
Tivity Health, Inc. *		51,225		2,041,316
Triple-S Management Corp., Class B *		27,130		458,768

				11,400,837


Health Care Technology - 0.2%
HMS Holdings Corp. *		58,973		1,091,000


Hotels, Restaurants & Leisure - 2.9%
Bloomin’ Brands, Inc.		45,367		963,141
Caesars Entertainment Corp. *(a)		61,192		734,304
Carrols Restaurant Group, Inc. *		24,352		298,312
Cheesecake Factory, Inc. (The)		29,239		1,470,722
Cracker Barrel Old Country Store, Inc. (a)		8,727		1,459,591
Dave & Buster’s Entertainment, Inc. *		57,171		3,802,443
Denny’s Corp. *		23,901		281,315
Eldorado Resorts, Inc. *		183,969		3,679,380
Intrawest Resorts Holdings, Inc. *		17,116		406,334
Jack in the Box, Inc.		19,429		1,913,756
Marcus Corp. (The)		23,752		717,310
Marriott Vacations Worldwide Corp.		29,218		3,440,419
Papa John’s International, Inc.		8,466		607,520
Ruth’s Hospitality Group, Inc.		50,342		1,094,939
Texas Roadhouse, Inc.		14,685		748,201

				21,617,687

Household Durables - 1.5%
Bassett Furniture Industries, Inc.		27,413		1,040,323
Flexsteel Industries, Inc.		13,470		728,862
Hooker Furniture Corp.		10,775		443,391
Installed Building Products, Inc. *		6,082		322,042
iRobot Corp. *		30,979		2,606,573
KB Home		81,663		1,957,462
La-Z-Boy, Inc.		55,539		1,805,018
Libbey, Inc.		38,163		307,594
MDC Holdings, Inc.		6,267		221,413
TopBuild Corp. *		28,090		1,490,736
ZAGG, Inc. *		29,714		257,026

				11,180,440


INVESTMENTS	SHARES		VALUE ($)
Household Products - 0.3%
Central Garden & Pet Co., Class A *		75,775		2,274,765


Insurance - 5.4%
Ambac Financial Group, Inc. *		156,506		2,715,379
American Equity Investment Life Holding Co.		82,102		2,157,641
AMERISAFE, Inc.		17,721		1,009,211
Argo Group International Holdings Ltd.		41,966		2,543,140
CNO Financial Group, Inc.		102,829		2,147,069
Employers Holdings, Inc.		105,742		4,472,887
Enstar Group Ltd. *		4,552		904,255
FBL Financial Group, Inc., Class A		10,869		668,443
Federated National Holding Co.		17,100		273,600
Genworth Financial, Inc., Class A *		280,193		1,056,328
HCI Group, Inc. (a)		14,307		672,143
Heritage Insurance Holdings, Inc.		111,042		1,445,767
Horace Mann Educators Corp.		29,668		1,121,450
Infinity Property & Casualty Corp.		2,869		269,686
James River Group Holdings Ltd.		7,824		310,848
National General Holdings Corp.		21,749		458,904
National Western Life Group, Inc., Class A		4,428		1,415,277
Navigators Group, Inc. (The)		31,358		1,721,554
Primerica, Inc.		85,523		6,478,367
Selective Insurance Group, Inc.		73,984		3,702,899
United Fire Group, Inc.		21,635		953,238
United Insurance Holdings Corp.		13,268		208,706
Universal Insurance Holdings, Inc.		154,406		3,891,031

				40,597,823

Internet & Direct Marketing Retail - 0.6%
1-800-Flowers.com, Inc., Class A *		58,848		573,768
Nutrisystem, Inc.		63,313		3,295,442
PetMed Express, Inc. (a)		6,792		275,755

				4,144,965

Internet Software & Services - 1.9%
Alarm.com Holdings, Inc. *		9,391		353,383
Blucora, Inc. *		72,854		1,544,505
Brightcove, Inc. *		48,731		302,132
Carbonite, Inc. *		18,644		406,439
GrubHub, Inc. *		29,641		1,292,348
j2 Global, Inc.		25,479		2,168,008
LogMeIn, Inc.		21,986		2,297,537
Meet Group, Inc. (The) *		425,300		2,147,765
NIC, Inc.		10,433		197,705
Shutterstock, Inc. *(a)		10,629		468,526
Stamps.com, Inc. *(a)		16,003		2,478,465
TrueCar, Inc. *		32,659		650,894

				14,307,707

IT Services - 2.1%
CACI International, Inc., Class A *		5,392		674,270
Convergys Corp.		80,089		1,904,516
CSG Systems International, Inc.		25,970		1,053,863
Hackett Group, Inc. (The)		96,945		1,502,648
MAXIMUS, Inc.		7,048		441,416
NeuStar, Inc., Class A *		167,284		5,578,921
Perficient, Inc. *		12,894		240,344
Science Applications International Corp.		33,727		2,341,328


INVESTMENTS	SHARES		VALUE ($)
IT Services - 2.1% (continued)
Sykes Enterprises, Inc. *		64,031		2,146,960
TeleTech Holdings, Inc.		5,059		206,407

				16,090,673

Leisure Products - 0.6%
American Outdoor Brands Corp. *(a)		152,776		3,385,516
Callaway Golf Co.		16,701		213,439
JAKKS Pacific, Inc. *		52,214		208,856
Nautilus, Inc. *		31,257		598,571
Sturm Ruger & Co., Inc.		5,512		342,571

				4,748,953

Life Sciences Tools & Services - 0.5%
Cambrex Corp. *		60,989		3,644,093
Luminex Corp.		14,975		316,272

				3,960,365

Machinery - 3.7%
Alamo Group, Inc.		27,873		2,531,147
American Railcar Industries, Inc.		6,082		232,940
Astec Industries, Inc.		24,413		1,355,166
Barnes Group, Inc.		24,410		1,428,717
Douglas Dynamics, Inc.		21,293		700,540
Energy Recovery, Inc. *(a)		97,320		806,783
Federal Signal Corp.		19,219		333,642
Global Brass & Copper Holdings, Inc.		49,777		1,520,687
Greenbrier Cos., Inc. (The) (a)		69,803		3,228,389
John Bean Technologies Corp.		13,527		1,325,646
Kadant, Inc.		13,271		997,979
Lydall, Inc. *		35,211		1,820,409
Meritor, Inc. *		235,915		3,918,548
Mueller Industries, Inc.		8,140		247,863
Standex International Corp.		2,962		268,653
Supreme Industries, Inc., Class A		137,468		2,261,349
Wabash National Corp.		203,305		4,468,644

				27,447,102

Marine - 0.1%
Matson, Inc.		16,596		498,544


Media - 0.8%
Entravision Communications Corp., Class A		43,565		287,529
Gannett Co., Inc.		76,005		662,764
Gray Television, Inc. *		40,977		561,385
Meredith Corp.		35,103		2,086,873
MSG Networks, Inc., Class A *		32,803		736,427
Scholastic Corp.		22,947		1,000,260
Sinclair Broadcast Group, Inc., Class A		10,816		355,846

				5,691,084

Metals & Mining - 1.7%
AK Steel Holding Corp. *		107,212		704,383
Cliffs Natural Resources, Inc. *		557,929		3,860,869
Coeur Mining, Inc. *		63,088		541,295
Commercial Metals Co.		34,423		668,839
Hecla Mining Co.		155,710		794,121
Olympic Steel, Inc.		12,768		248,721
Ryerson Holding Corp. *		105,845		1,047,865


INVESTMENTS	SHARES		VALUE ($)
Metals & Mining - 1.7% (continued)
SunCoke Energy, Inc. *		66,854		728,709
Worthington Industries, Inc.		82,347		4,135,466

				12,730,268

Mortgage Real Estate Investment Trusts (REITs) - 1.4%
Apollo Commercial Real Estate Finance, Inc.		65,268		1,210,721
ARMOUR Residential REIT, Inc.		17,619		440,475
Capstead Mortgage Corp.		116,801		1,218,235
CYS Investments, Inc.		166,414		1,399,542
Hannon Armstrong Sustainable Infrastructure Capital, Inc.		21,023		480,796
Invesco Mortgage Capital, Inc.		94,224		1,574,483
New Residential Investment Corp.		122,704		1,909,274
PennyMac Mortgage Investment Trust		49,113		898,277
Redwood Trust, Inc.		79,131		1,348,392

				10,480,195

Multiline Retail - 0.1%
Big Lots, Inc. (a)		16,104		777,823


Oil, Gas & Consumable Fuels - 0.6%
Gener8 Maritime, Inc. *(a)		50,411		286,839
Jones Energy, Inc., Class A *(a)		72,562		116,099
Renewable Energy Group, Inc. *		41,319		535,081
REX American Resources Corp. *		23,313		2,251,103
Tesoro Corp.		12,048		1,127,693

				4,316,815

Paper & Forest Products - 0.7%
Boise Cascade Co. *		13,545		411,768
Clearwater Paper Corp. *		6,515		304,576
Louisiana-Pacific Corp. *		138,564		3,340,778
Neenah Paper, Inc.		12,256		983,544
PH Glatfelter Co.		14,653		286,320
Schweitzer-Mauduit International, Inc.		6,292		234,251

				5,561,237

Personal Products - 0.6%
Medifast, Inc.		5,499		228,043
Natural Health Trends Corp. (a)		75,926		2,114,539
USANA Health Sciences, Inc. *(a)		37,528		2,405,545

				4,748,127

Pharmaceuticals - 1.5%
Aerie Pharmaceuticals, Inc. *		9,633		506,214
Amphastar Pharmaceuticals, Inc. *		25,630		457,752
Corcept Therapeutics, Inc. *		196,213		2,315,313
Heska Corp. *		17,337		1,769,588
Lannett Co., Inc. *(a)		59,274		1,209,190
Phibro Animal Health Corp., Class A		6,125		226,931
SciClone Pharmaceuticals, Inc. *		189,285		2,082,135
Sucampo Pharmaceuticals, Inc., Class A *(a)		45,937		482,338
Supernus Pharmaceuticals, Inc. *		50,168		2,162,241

				11,211,702

Professional Services - 1.3%
Barrett Business Services, Inc.		38,088		2,182,062
CBIZ, Inc. *		21,255		318,825


INVESTMENTS	SHARES		VALUE ($)
Professional Services - 1.3% (continued)
ICF International, Inc. *		15,268		719,123
Insperity, Inc.		56,329		3,999,359
Kelly Services, Inc., Class A		35,700		801,465
Kforce, Inc.		12,898		252,801
Mistras Group, Inc. *		14,488		318,301
RPX Corp. *		21,011		293,103
TrueBlue, Inc. *		45,588		1,208,082

				10,093,121

Real Estate Management & Development - 0.1%
Alexander & Baldwin, Inc.		17,385		719,391


Road & Rail - 0.6%
ArcBest Corp.		11,334		233,480
Roadrunner Transportation Systems, Inc. *		43,986		319,778
Saia, Inc. *		62,412		3,201,736
Swift Transportation Co. *		27,889		739,059

				4,494,053

Semiconductors & Semiconductor Equipment - 5.7%
Advanced Energy Industries, Inc. *		99,264		6,421,388
Advanced Micro Devices, Inc. *		325,922		4,067,507
Alpha & Omega Semiconductor Ltd. *		60,113		1,002,084
Ambarella, Inc. *(a)		23,698		1,150,538
Amkor Technology, Inc. *		412,117		4,026,383
Brooks Automation, Inc.		54,277		1,177,268
Cabot Microelectronics Corp.		25,864		1,909,539
Cirrus Logic, Inc. *		113,342		7,108,810
Entegris, Inc. *		113,845		2,498,898
Integrated Device Technology, Inc. *		27,686		714,022
MaxLinear, Inc. *		53,930		1,504,108
Microsemi Corp. *		61,611		2,883,395
MKS Instruments, Inc.		51,505		3,466,286
Monolithic Power Systems, Inc.		2,523		243,217
PDF Solutions, Inc. *		19,189		315,659
Photronics, Inc. *		114,677		1,077,964
Power Integrations, Inc.		7,377		537,783
Rudolph Technologies, Inc. *		85,708		1,958,428
Silicon Laboratories, Inc. *		8,594		587,400
Synaptics, Inc. *		11,164		577,290

				43,227,967

Software - 1.7%
Aspen Technology, Inc. *		17,872		987,607
Barracuda Networks, Inc. *		31,276		721,225
Blackbaud, Inc.		3,259		279,459
Ebix, Inc. (a)		50,436		2,718,500
Ellie Mae, Inc. *		9,208		1,012,051
Fair Isaac Corp.		6,658		928,192
Gigamon, Inc. *		12,768		502,421
HubSpot, Inc. *		3,910		257,082
Mitek Systems, Inc. *		77,551		651,428
Paycom Software, Inc. *		20,060		1,372,305
Pegasystems, Inc.		9,086		530,168
Silver Spring Networks, Inc. *		32,155		362,708
Synchronoss Technologies, Inc. *		19,739		324,707
Take-Two Interactive Software, Inc. *		28,862		2,117,894
VASCO Data Security International, Inc.*		18,219		261,443

				13,027,190


INVESTMENTS	SHARES		VALUE ($)
Specialty Retail - 1.7%
Aaron’s, Inc.		44,379		1,726,343
American Eagle Outfitters, Inc.		45,317		546,070
Big 5 Sporting Goods Corp.		83,054		1,083,855
Build-A-Bear Workshop, Inc. *		19,308		201,769
Caleres, Inc.		45,490		1,263,712
Chico’s FAS, Inc.		45,811		431,540
Children’s Place, Inc. (The)		23,352		2,384,239
Citi Trends, Inc.		12,661		268,666
Express, Inc. *		56,282		379,903
Francesca’s Holdings Corp. *		46,479		508,480
Genesco, Inc. *		7,906		268,013
Group 1 Automotive, Inc.		7,970		504,660
Haverty Furniture Cos., Inc.		11,225		281,748
Kirkland’s, Inc. *		27,981		287,645
Office Depot, Inc.		264,964		1,494,397
Select Comfort Corp. *		24,322		863,188
Shoe Carnival, Inc.		16,611		346,838

				12,841,066

Textiles, Apparel & Luxury Goods - 0.6%
Culp, Inc.		8,497		276,152
Deckers Outdoor Corp. *		3,145		214,678
Movado Group, Inc.		75,780		1,913,445
Perry Ellis International, Inc. *		12,743		247,979
Vera Bradley, Inc. *		74,362		727,260
Wolverine World Wide, Inc.		40,074		1,122,473

				4,501,987

Thrifts & Mortgage Finance - 3.3%
Astoria Financial Corp.		34,259		690,319
BofI Holding, Inc. *(a)		111,766		2,651,090
Dime Community Bancshares, Inc.		26,665		522,634
Essent Group Ltd. *		22,222		825,325
Federal Agricultural Mortgage Corp., Class C		20,009		1,294,582
First Defiance Financial Corp.		15,248		803,265
Flagstar Bancorp, Inc. *		36,526		1,125,731
HomeStreet, Inc. *		38,437		1,063,744
Meta Financial Group, Inc.		21,525		1,915,725
MGIC Investment Corp. *		160,037		1,792,414
Oritani Financial Corp.		13,009		221,803
Provident Financial Services, Inc.		25,335		643,002
Radian Group, Inc.		249,636		4,081,549
United Financial Bancorp, Inc.		16,318		272,347
Walker & Dunlop, Inc. *		87,444		4,269,891
Washington Federal, Inc.		47,910		1,590,612
WSFS Financial Corp.		19,443		881,740

				24,645,773

Tobacco - 0.2%
Universal Corp.		14,685		950,120
Vector Group Ltd.		35,338		753,406

				1,703,526

Trading Companies & Distributors - 0.7%
DXP Enterprises, Inc. *		6,338		218,661
GATX Corp. (a)		49,786		3,199,746
H&E Equipment Services, Inc.		51,908		1,059,442
Rush Enterprises, Inc., Class A *		26,250		975,975

				5,453,824


INVESTMENTS	SHARES		VALUE ($)
Water Utilities - 0.1%
SJW Group		15,493		761,946


Wireless Telecommunication Services - 0.1%
NII Holdings, Inc. *		107,961		86,801
Shenandoah Telecommunications Co.		31,025		952,467

				1,039,268

TOTAL COMMON STOCKS (Cost $587,856,894)				727,537,074


	NO. OF RIGHTS

RIGHT - 0.0% (b)

Media - 0.0% (b)
Media General, Inc., CVR
(Cost $10,985) (3)*(c)		36,985		56,646


	SHARES

SHORT-TERM INVESTMENT - 3.2%

Investment Company - 3.2%
Limited Purpose Cash Investment Fund, 0.81%
(Cost $23,883,091) (2)(d)		23,885,475		23,883,087


SECURITIES LENDING COLLATERAL - 5.3%

Investment Company - 5.3%
Investments in a Pooled Account through Securities Lending Program with Citibank NA BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84%
(Cost $39,659,812) (2)(d)(e)		39,659,812		39,659,812

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 105.1% (Cost $651,410,782)				791,136,619


LIABILITIES IN EXCESS OF OTHER ASSETS - (5.1)% (f)				(38,077,939	)

NET ASSETS - 100.0%				753,058,680


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	113,955,618		15.1	%
Consumer Staples		28,164,755		3.7
Energy		8,312,174		1.1
Financials		155,929,087		20.8
Health Care		67,250,428		8.9
Industrials		114,750,230		15.2
Information Technology		135,065,064		18.0
Materials		37,081,663		4.9
Real Estate		52,879,751		7.0
Telecommunication Services		3,808,439		0.5
Utilities		10,396,511		1.4
Short-Term Investment		23,883,087		3.2
Securities Lending Collateral		39,659,812		5.3

Total Investments In Securities At Value		791,136,619		105.1
Liabilities in Excess of Other Assets (f)		(38,077,939)		(5.1)

Net Assets	$	753,058,680		100.0	%

All securities are United States companies, unless noted otherwise in parentheses.

*	Non-income producing security.

(a)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $38,483,025.

(b)	Represents less than 0.05% of net assets.

(c)	Security fair valued as of 6/30/2017 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at 6/30/2017 amounted to $56,646, which represents approximately 0.01% of net assets of the fund.

(d)	Represents 7-day effective yield as of 6/30/2017.

(e)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

(f)	Includes appreciation/(depreciation) on futures contracts.

All securities are Level 1 with respect to ASC 820, unless otherwise noted in parentheses.

(2)	Level 2 security (See Note 4).

(3)	Level 3 security (See Note 4).

Abbreviations

CVR - Contingent Value Rights

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 96.9%

Australia - 6.1%
Amcor Ltd.		29,675		369,683
Aristocrat Leisure Ltd.		246,710		4,277,199
Australia & New Zealand Banking Group Ltd.		46,711		1,030,991
BHP Billiton Ltd.		77,989		1,390,070
BHP Billiton plc		8,479		129,904
Caltex Australia Ltd.		40,315		978,981
CIMIC Group Ltd.		51,751		1,544,140
Coca-Cola Amatil Ltd.		94,029		667,245
Cochlear Ltd.		8,740		1,043,882
Commonwealth Bank of Australia		4,307		273,995
CSL Ltd.		11,411		1,211,047
Dexus, REIT		104,929		763,945
Fortescue Metals Group Ltd.		1,066,615		4,269,761
Goodman Group, REIT		41,832		252,824
GPT Group (The), REIT		196,673		723,368
Harvey Norman Holdings Ltd. (a)		47,125		138,382
Macquarie Group Ltd.		5,934		403,535
National Australia Bank Ltd.		9,458		215,155
Newcrest Mining Ltd.		150,644		2,337,958
Scentre Group, REIT		235,569		732,407
South32 Ltd.		1,474,217		3,036,160
Treasury Wine Estates Ltd.		96,024		970,990
Woodside Petroleum Ltd.		20,898		479,380

				27,241,002

Belgium - 1.0%
Ageas		28,862		1,162,307
KBC Group NV		34,174		2,591,040
Solvay SA		1,899		254,867
Umicore SA		7,482		520,456

				4,528,670

Canada - 8.7%
Agrium, Inc. (1)		3,542		321,014
Alimentation Couche-Tard, Inc., Class B (1)		29,492		1,413,651
Bank of Montreal (1)		30,564		2,244,220
Bank of Nova Scotia (The) (1)		39,774		2,392,635
Barrick Gold Corp. (1)		28,220		448,935
Brookfield Asset Management, Inc., Class A (1)		24,823		974,123
Canadian Imperial Bank of Commerce (1)		15,845		1,287,712
Canadian National Railway Co. (1)		38,068		3,088,768
Canadian Tire Corp. Ltd., Class A (1)		8,065		917,698
CCL Industries, Inc., Class B (1)		7,415		375,153
CGI Group, Inc., Class A (1)*		42,932		2,193,611
Constellation Software, Inc. (1)		2,463		1,288,498
Dollarama, Inc. (1)		6,101		582,954
Great-West Lifeco, Inc. (1)		3,723		100,913
Kinross Gold Corp. (1)*		155,317		631,185
Linamar Corp. (1)		5,233		257,937
Magna International, Inc. (1)		46,040		2,132,652
Open Text Corp. (1)		68,345		2,157,126
Power Corp. of Canada (1)		5,259		119,958
Restaurant Brands International, Inc. (1)		6,549		409,767
Royal Bank of Canada (1)		57,836		4,199,443
Saputo, Inc. (1)		94,544		3,007,357
Teck Resources Ltd., Class B (1)		222,070		3,849,579


INVESTMENTS	SHARES		VALUE ($)
Canada - 8.7% (continued)
Thomson Reuters Corp. (1)		9,048		418,909
Toronto-Dominion Bank (The) (1)		60,966		3,072,276
West Fraser Timber Co. Ltd. (1)		25,384		1,201,473

				39,087,547

China - 0.5%
Yangzijiang Shipbuilding Holdings Ltd.		2,445,500		2,113,226


Denmark - 1.7%
Danske Bank A/S		32,053		1,233,178
Genmab A/S *		1,661		354,158
ISS A/S		19,751		775,842
Novo Nordisk A/S, Class B		6,318		271,467
TDC A/S		94,903		551,898
Vestas Wind Systems A/S		49,516		4,573,661

				7,760,204

Finland - 1.4%
Neste OYJ		99,299		3,918,436
Nokia OYJ		143,842		882,000
Orion OYJ, Class B		23,383		1,493,725

				6,294,161

France - 9.1%
Airbus SE		2,014		166,206
Arkema SA		2,506		267,620
Atos SE		27,670		3,882,395
AXA SA		43,757		1,198,213
BNP Paribas SA		63,329		4,559,228
Bouygues SA		21,661		912,583
Christian Dior SE		1,591		454,926
Cie Generale des Etablissements Michelin		21,514		2,863,386
CNP Assurances		119,700		2,686,812
Eutelsat Communications SA		23,787		606,923
Lagardere SCA		13,189		416,169
L’Oreal SA		7,490		1,561,774
Peugeot SA		174,162		3,470,989
Sanofi		65,583		6,284,162
Societe Generale SA		49,037		2,644,354
Sodexo SA		14,034		1,813,788
Thales SA		23,392		2,517,548
TOTAL SA		87,165		4,327,483

				40,634,559

Germany - 8.7%
adidas AG		1,044		200,186
Allianz SE (Registered)		19,743		3,896,126
BASF SE		6,801		631,195
Bayer AG (Registered)		46,279		5,998,230
Covestro AG (b)		77,244		5,599,731
Deutsche Lufthansa AG (Registered)		242,508		5,526,649
Deutsche Post AG (Registered)		24,027		901,932
Fresenius SE & Co. KGaA		9,490		814,744
Hannover Rueck SE		13,444		1,614,806
Henkel AG & Co. KGaA (Preference)		5,264		725,873
HOCHTIEF AG		1,352		248,199
Infineon Technologies AG		39,390		836,666
Linde AG		4,967		945,484
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (Registered)		17,830		3,607,952


INVESTMENTS	SHARES		VALUE ($)
Germany - 8.7% (continued)
SAP SE		9,801		1,025,884
Siemens AG (Registered)		44,572		6,131,056
Vonovia SE		11,443		455,273

				39,159,986

Hong Kong - 3.5%
Cheung Kong Property Holdings Ltd.		57,500		449,954
CK Hutchison Holdings Ltd.		56,000		702,774
CLP Holdings Ltd.		243,000		2,569,566
Galaxy Entertainment Group Ltd.		81,000		491,614
Hong Kong Exchanges & Clearing Ltd.		28,400		733,697
Kerry Properties Ltd.		70,000		237,677
Link REIT		26,000		197,783
NWS Holdings Ltd.		129,000		253,702
PCCW Ltd.		269,000		152,876
SJM Holdings Ltd.		909,000		957,788
Sun Hung Kai Properties Ltd.		91,000		1,336,806
WH Group Ltd. (b)		5,717,000		5,772,865
Wheelock & Co. Ltd.		94,000		709,005
Yue Yuen Industrial Holdings Ltd.		320,500		1,329,271

				15,895,378

Italy - 1.3%
Enel SpA		281,656		1,510,661
Leonardo SpA		176,028		2,930,826
Poste Italiane SpA (b)		35,788		245,398
Telecom Italia SpA *		1,298,543		1,201,376

				5,888,261

Japan - 20.5%
Acom Co. Ltd. *		10,000		45,773
AEON Financial Service Co. Ltd.		2,700		57,300
Amada Holdings Co. Ltd.		88,000		1,020,771
Asahi Glass Co. Ltd.		10,800		456,115
Asahi Kasei Corp.		240,000		2,589,195
Astellas Pharma, Inc.		133,000		1,630,141
Bandai Namco Holdings, Inc.		52,800		1,804,036
Brother Industries Ltd.		52,400		1,213,742
Credit Saison Co. Ltd.		16,800		328,960
Dai-ichi Life Holdings, Inc.		87,900		1,595,509
Daiwa House Industry Co. Ltd.		15,100		516,806
DeNA Co. Ltd.		61,900		1,391,230
Fuji Electric Co. Ltd.		48,000		253,885
Fujitsu Ltd.		551,000		4,075,343
Hitachi Chemical Co. Ltd.		64,100		1,921,757
Hitachi High-Technologies Corp.		77,800		3,029,760
Hitachi Ltd.		133,000		820,037
Hoya Corp.		14,900		775,714
Idemitsu Kosan Co. Ltd.		95,400		2,714,006
Iida Group Holdings Co. Ltd.		3,800		63,428
ITOCHU Corp.		131,600		1,959,383
Japan Tobacco, Inc.		27,100		952,514
JTEKT Corp.		37,100		545,939
Kamigumi Co. Ltd.		12,000		126,142
Kansai Electric Power Co., Inc. (The)		255,300		3,520,442
KDDI Corp.		37,100		981,207
Konami Holdings Corp.		48,700		2,710,921
Kuraray Co. Ltd.		15,600		284,061
Lion Corp.		9,900		205,345
Marubeni Corp.		275,700		1,786,165


INVESTMENTS	SHARES		VALUE ($)
Japan - 20.5% (continued)
Mitsubishi Chemical Holdings Corp.		30,800		256,618
Mitsubishi Electric Corp.		204,100		2,951,817
Mitsubishi Estate Co. Ltd.		31,000		579,477
Mitsubishi Gas Chemical Co., Inc.		147,300		3,128,564
Mitsubishi Tanabe Pharma Corp.		49,300		1,140,413
Mitsubishi UFJ Financial Group, Inc.		340,300		2,295,340
Mitsui Fudosan Co. Ltd.		24,000		575,004
Mixi, Inc.		14,000		779,090
Mizuho Financial Group, Inc.		756,600		1,387,206
MS&AD Insurance Group Holdings, Inc.		15,900		536,286
NH Foods Ltd.		85,000		2,585,709
Nippon Express Co. Ltd.		460,000		2,886,577
Nippon Telegraph & Telephone Corp.		136,400		6,438,640
Nomura Holdings, Inc.		108,300		653,097
Nomura Real Estate Holdings, Inc.		8,000		157,437
NTT DOCOMO, Inc.		35,400		837,234
Omron Corp.		11,900		518,000
Otsuka Holdings Co. Ltd.		20,500		875,253
Recruit Holdings Co. Ltd.		9,000		154,889
Resona Holdings, Inc.		102,000		563,429
Sega Sammy Holdings, Inc.		46,700		629,619
Sekisui House Ltd.		26,900		475,420
Shin-Etsu Chemical Co. Ltd.		25,000		2,275,322
Shionogi & Co. Ltd.		24,700		1,377,220
Sompo Holdings, Inc.		34,500		1,339,113
Sumitomo Dainippon Pharma Co. Ltd.		177,200		2,418,761
Sumitomo Heavy Industries Ltd.		411,000		2,727,244
Sumitomo Mitsui Financial Group, Inc.		50,500		1,971,746
Suzuki Motor Corp.		72,500		3,453,753
T&D Holdings, Inc.		107,500		1,643,905
Tohoku Electric Power Co., Inc.		24,900		345,092
Tokyo Electric Power Co. Holdings, Inc. *		344,000		1,420,153
Tokyo Electron Ltd.		11,200		1,514,161
Toyo Seikan Group Holdings Ltd.		4,200		71,101
Toyota Tsusho Corp.		5,600		168,368
Yokogawa Electric Corp.		79,300		1,276,200

				91,782,885

Netherlands - 4.0%
Aegon NV		280,870		1,437,467
Akzo Nobel NV		7,216		627,565
ING Groep NV		96,440		1,664,822
Koninklijke Philips NV		18,749		667,440
NN Group NV		58,957		2,091,974
Randstad Holding NV		29,147		1,699,303
Royal Dutch Shell plc, Class A		91,667		2,435,474
Royal Dutch Shell plc, Class B		97,616		2,620,640
Wolters Kluwer NV		106,365		4,498,492

				17,743,177

Singapore - 0.6%
CapitaLand Commercial Trust, REIT		273,500		329,625
DBS Group Holdings Ltd.		66,200		996,362
Genting Singapore plc		957,700		754,539
Oversea-Chinese Banking Corp. Ltd.		27,600		216,200
SATS Ltd.		56,800		210,710
United Overseas Bank Ltd.		21,900		367,671

				2,875,107


INVESTMENTS	SHARES		VALUE ($)
South Africa - 0.4%
Investec plc		230,142		1,719,615


Spain - 3.6%
Aena SA (b)		28,904		5,644,212
Banco Bilbao Vizcaya Argentaria SA		28,838		240,219
Banco Santander SA		688,835		4,573,782
CaixaBank SA		56,504		270,110
Endesa SA		27,385		631,733
Grifols SA		7,841		218,616
Iberdrola SA		211,075		1,672,648
Mapfre SA		258,234		903,874
Repsol SA		125,567		1,925,078

				16,080,272

Sweden - 2.3%
Essity AB, Class B *		14,930		408,485
Investor AB, Class B		8,330		401,894
Nordea Bank AB		187,982		2,394,220
Sandvik AB		112,359		1,769,007
Securitas AB, Class B		104,910		1,769,463
Skanska AB, Class B		48,709		1,156,641
Svenska Cellulosa AB SCA, Class B		14,930		112,945
Swedbank AB, Class A		11,778		287,452
Telefonaktiebolaget LM Ericsson, Class B		74,353		534,608
Volvo AB, Class B		96,912		1,652,703

				10,487,418

Switzerland - 8.6%
ABB Ltd. (Registered)		96,811		2,402,957
Adecco Group AG (Registered)		16,750		1,276,052
Baloise Holding AG (Registered)		3,204		496,299
Coca-Cola HBC AG *		33,552		986,731
Geberit AG (Registered)		654		305,392
Idorsia Ltd. *		2,701		50,984
Lonza Group AG (Registered) *		2,171		470,274
Nestle SA (Registered)		55,405		4,832,295
Novartis AG (Registered)		49,554		4,139,078
Roche Holding AG		27,471		7,019,250
SGS SA (Registered)		403		977,149
Sika AG		218		1,399,588
STMicroelectronics NV		104,823		1,507,305
Swiss Life Holding AG (Registered) *		8,121		2,747,107
Swiss Re AG		45,001		4,124,016
UBS Group AG (Registered) *		57,602		979,573
Zurich Insurance Group AG		17,230		5,028,558

				38,742,608

United Kingdom - 14.6%
3i Group plc		23,824		280,112
Admiral Group plc		12,335		321,880
Anglo American plc *		86,776		1,159,303
Ashtead Group plc		36,497		755,219
AstraZeneca plc		4,834		323,798
Auto Trader Group plc (b)		127,653		632,056
BAE Systems plc		67,524		557,430
Barclays plc		387,956		1,026,056
Barratt Developments plc		425,246		3,123,122
Berkeley Group Holdings plc		20,460		860,334
BP plc		226,561		1,307,750
British American Tobacco plc		51,975		3,541,729


INVESTMENTS	SHARES		VALUE ($)
United Kingdom - 14.6% (continued)
British Land Co. plc (The), REIT		80,014		631,674
BT Group plc		965,415		3,712,256
Burberry Group plc		9,589		207,494
Compass Group plc		91,810		1,937,877
Diageo plc		6,622		195,692
Direct Line Insurance Group plc		241,577		1,118,628
Dixons Carphone plc		150,583		556,655
Fiat Chrysler Automobiles NV *		359,975		3,802,982
GlaxoSmithKline plc		34,566		735,816
Hammerson plc, REIT		43,773		327,505
HSBC Holdings plc		658,054		6,108,035
Imperial Brands plc		25,501		1,145,943
J Sainsbury plc		355,007		1,164,446
Kingfisher plc		262,138		1,026,773
Land Securities Group plc, REIT		27,580		364,129
Legal & General Group plc		406,558		1,368,068
Lloyds Banking Group plc		3,829,583		3,300,244
London Stock Exchange Group plc		9,340		444,280
National Grid plc		102,135		1,265,502
Old Mutual plc		74,864		188,873
Persimmon plc		128,567		3,754,994
Prudential plc		87,891		2,017,431
Reckitt Benckiser Group plc		15,601		1,581,522
RELX plc		27,020		584,091
Rio Tinto Ltd.		10,260		498,622
Royal Mail plc		22,363		122,676
Segro plc, REIT		105,872		674,803
Sky plc		27,519		356,402
Taylor Wimpey plc		1,076,156		2,471,337
Unilever NV, CVA		47,175		2,604,145
Unilever plc		31,184		1,687,612
Vodafone Group plc		212,804		604,354
Wm Morrison Supermarkets plc		889,525		2,793,857
WPP plc		115,721		2,436,701

				65,680,208

United States - 0.3%
Shire plc		25,582		1,410,565

TOTAL COMMON STOCKS (Cost $387,162,415)				435,124,849


SHORT-TERM INVESTMENT - 2.9%

Investment Company - 2.9%
Limited Purpose Cash Investment Fund, 0.81%
(Cost $13,011,068) (c)		13,012,369		13,011,068


SECURITIES LENDING COLLATERAL - 0.3%

Investment Company - 0.2%
Investments in a Pooled Account through Securities Lending Program with Citibank NA BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84%
(Cost $1,098,863) (c)(d)		1,098,863		1,098,863


INVESTMENTS	PRINCIPAL AMOUNT ($)		VALUE ($)
U.S. Treasury Obligations - 0.1%
Investments in a Pooled Account through Securities Lending Program with Citibank NA
U.S. Treasury Bills
0.00%, 7/30/2017 (d)		50		50
0.00%, 8/17/2017 (d)		30,197		30,161
0.00%, 11/9/2017 (d)		80,901		80,590
U.S. Treasury Inflation Linked Bond, 0.13% 7/15/2022 (d)		1,000		1,064
U.S. Treasury Notes
1.21%, 10/31/2017 (d)		105,096		105,190
1.11%, 4/30/2019 (d)		50		50

TOTAL U.S. TREASURY OBLIGATIONS (Cost $217,105)				217,105

TOTAL SECURITIES LENDING COLLATERAL (Cost $1,315,968)				1,315,968

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 100.1% (Cost $401,489,451)				449,451,885


LIABILITIES IN EXCESS OF OTHER ASSETS - (0.1)% (e)				(557,032	)

NET ASSETS - 100.0%				448,894,853


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	49,037,095		10.9	%
Consumer Staples		38,918,723		8.7
Energy		20,707,225		4.6
Financials		102,439,464		22.8
Health Care		40,057,299		8.9
Industrials		73,473,344		16.4
Information Technology		32,268,633		7.2
Materials		40,791,924		9.1
Real Estate		10,015,504		2.2
Telecommunication Services		14,479,841		3.2
Utilities		12,935,797		2.9
Short-Term Investment		13,011,068		2.9
Securities Lending Collateral		1,315,968		0.3

Total Investments In Securities At Value		449,451,885		100.1
Liabilities in Excess of Other Assets (e)		(557,032)		(0.1)

Net Assets	$	448,894,853		100.0	%

*	Non-income producing security.

(a)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $1,251,027.

(b)

Securities exempt from registration under Rule 144A or section 4(2), of the Securities Act of 1933. Under procedures approved by the Board of Trustees, such securities have been determined to be liquid by the investment adviser and may be resold, normally to qualified institutional buyers in transactions exempt from registration. Total value of all such securities at 6/30/2017 amounted to $17,894,262, which represents approximately 3.99% of net assets of the fund.

(c)	Represents 7-day effective yield as of 6/30/2017.

(d)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

(e)	Includes appreciation/(depreciation) on futures contracts.

All securities are Level 2 with respect to ASC 820, unless otherwise noted in parentheses.

(1)	Level 1 security (See Note 4).

Abbreviations

CVA - Dutch Certification

OYJ - Public Traded Company

Preference - A special type of equity investment that shares in the earnings of the company, has limited voting rights, and may have a dividend preference. Preference shares may also have liquidation preference.

REIT - Real Estate Investment Trust

SCA - Limited partnership with share capital

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 97.0%

Brazil - 6.0%
Banco Bradesco SA, ADR (1)*		90,471		769,004
Banco do Brasil SA (1)*		116,600		943,950
Banco Santander Brasil SA, ADR (1)		177,566		1,337,072
BR Malls Participacoes SA (1)		27,485		99,059
Braskem SA (Preference), Class A (1)		191,300		1,981,773
Centrais Eletricas Brasileiras SA (1)*		191,100		719,891
Centrais Eletricas Brasileiras SA (Preference), Class B (1)*		18,200		89,547
Cia de Saneamento Basico do Estado de Sao Paulo, ADR (1)*		6,295		59,928
Cia Paranaense de Energia, ADR (1)		16,878		123,885
CPFL Energia SA (1)		10,200		81,590
Itau Unibanco Holding SA, ADR (1)		164,729		1,820,255
Itausa - Investimentos Itau SA (Preference) (1)		385,341		1,049,164
M Dias Branco SA (1)*		66,000		987,141
Natura Cosmeticos SA (1)		17,400		134,404
Petroleo Brasileiro SA (Preference) (1)*		286,400		1,074,573
Qualicorp SA (1)		152,100		1,324,545
Sul America SA (1)		130,597		699,718
TIM Participacoes SA, ADR (1)		159,061		2,354,103
Vale SA (Preference) (1)*		319,200		2,595,686

				18,245,288

Chile - 1.6%
Banco Santander Chile, ADR (1)		13,533		343,873
Cencosud SA (1)		503,952		1,341,443
Embotelladora Andina SA (Preference), Class B (1)		8,116		34,402
Enel Americas SA, ADR (1)		108,688		1,024,928
Enel Chile SA, ADR (1)		37,455		206,002
Latam Airlines Group SA, ADR (1)		61,260		678,148
Sociedad Quimica y Minera de Chile SA, ADR (1)		36,879		1,217,745

				4,846,541

China - 25.7%
58.com, Inc., ADR (1)*		4,817		212,478
Agricultural Bank of China Ltd., Class H *		3,649,000		1,724,585
Air China Ltd., Class H		986,000		1,016,317
Alibaba Group Holding Ltd., ADR (1)*		73,260		10,322,334
Anhui Conch Cement Co. Ltd., Class H		448,000		1,556,953
Baidu, Inc., ADR (1)*		16,444		2,941,174
Bank of China Ltd., Class H *		4,071,000		1,996,284
Bank of Communications Co. Ltd., Class H		651,000		459,262
Beijing Capital International Airport Co. Ltd., Class H		62,000		87,325
Belle International Holdings Ltd.		593,000		467,431
China Cinda Asset Management Co. Ltd., Class H		1,789,000		666,746
China Communications Services Corp. Ltd., Class H		2,068,000		1,191,226
China Construction Bank Corp., Class H		6,438,000		5,006,487
China Everbright Bank Co. Ltd., Class H		694,000		324,307


INVESTMENTS	SHARES		VALUE ($)
China - 25.7% (continued)
China Evergrande Group *(a)		585,000		1,049,502
China Huarong Asset Management Co. Ltd., Class H (a)(b)		391,000		151,642
China Medical System Holdings Ltd.		59,000		102,015
China Merchants Bank Co. Ltd., Class H		612,000		1,844,190
China Mobile Ltd.		589,175		6,246,317
China Overseas Land & Investment Ltd.		380,000		1,112,098
China Petroleum & Chemical Corp., Class H		2,716,000		2,126,633
China Resources Land Ltd.		290,000		844,847
China Resources Power Holdings Co. Ltd.		246,000		482,891
China Shenhua Energy Co. Ltd., Class H		550,500		1,224,793
China Southern Airlines Co. Ltd., Class H *		1,166,000		985,463
China Vanke Co. Ltd., Class H *		214,000		605,315
Chongqing Rural Commercial Bank Co. Ltd., Class H		1,886,000		1,271,964
CNOOC Ltd., ADR (1)		6,588		720,793
Country Garden Holdings Co. Ltd.		1,591,000		1,845,525
CSPC Pharmaceutical Group Ltd.		654,000		955,239
Ctrip.com International Ltd., ADR (1)*		20,700		1,114,902
Far East Horizon Ltd.		358,000		312,310
Geely Automobile Holdings Ltd.		1,415,000		3,049,740
Great Wall Motor Co. Ltd., Class H		602,500		743,566
Haitian International Holdings Ltd.		63,000		176,566
Industrial & Commercial Bank of China Ltd., Class H *		5,756,000		3,884,625
JD.com, Inc., ADR (1)*		41,989		1,646,809
NetEase, Inc., ADR (1)		4,926		1,480,903
New Oriental Education & Technology Group, Inc., ADR (1)*		7,867		554,545
Ping An Insurance Group Co. of China Ltd., Class H		124,500		820,131
SINA Corp. (1)*		3,734		317,278
Sinopec Engineering Group Co. Ltd., Class H		600,000		540,554
Sinopec Shanghai Petrochemical Co. Ltd., Class H		3,174,000		1,698,516
Sinopharm Group Co. Ltd., Class H *		50,000		225,896
Sinotrans Ltd., Class H		1,488,000		762,400
Sunny Optical Technology Group Co. Ltd.		60,000		537,302
TAL Education Group, ADR (1)		2,743		335,496
Tencent Holdings Ltd.		212,700		7,630,604
Tingyi Cayman Islands Holding Corp. *		110,000		130,480
TravelSky Technology Ltd., Class H		384,000		1,131,073
Vipshop Holdings Ltd., ADR (1)*		24,408		257,504
Weibo Corp., ADR (1)*		373		24,820
Weichai Power Co. Ltd., Class H		2,171,000		1,897,223

				78,815,379

Hong Kong - 1.4%
Haier Electronics Group Co. Ltd. *		289,000		751,372
Nine Dragons Paper Holdings Ltd.		1,751,000		2,331,787
Sino Biopharmaceutical Ltd.		51,000		45,096
Sun Art Retail Group Ltd.		1,356,000		1,079,381

				4,207,636


INVESTMENTS	SHARES		VALUE ($)
Hungary - 0.2%
MOL Hungarian Oil & Gas plc		4,788		376,061
Richter Gedeon Nyrt		11,164		291,865

				667,926

India - 7.9%
Axis Bank Ltd., GDR		10,724		427,149
Dr Reddy’s Laboratories Ltd., ADR (1)		65,230		2,748,792
ICICI Bank Ltd., ADR (1)		362,916		3,255,360
Infosys Ltd., ADR (1)		502,826		7,552,447
Larsen & Toubro Ltd., GDR		5,509		142,203
Reliance Industries Ltd., GDR *(b)		3,336		142,446
Reliance Industries Ltd., GDR (LSE) *(b)		42,568		1,803,805
State Bank of India, GDR		20,211		859,248
Tata Motors Ltd., ADR (1)		158,749		5,240,304
Wipro Ltd., ADR (1)(a)		369,010		1,918,852

				24,090,606

Indonesia - 3.0%
Adaro Energy Tbk. PT		6,542,000		773,982
Bank Negara Indonesia Persero Tbk. PT		652,600		320,882
Bank Rakyat Indonesia Persero Tbk. PT		728,400		831,129
Gudang Garam Tbk. PT *		200,000		1,176,019
Indofood CBP Sukses Makmur Tbk. PT		198,200		130,975
Indofood Sukses Makmur Tbk. PT		1,049,300		677,510
Telekomunikasi Indonesia Persero Tbk. PT		11,068,500		3,758,769
United Tractors Tbk. PT		550,300		1,132,631
Waskita Karya Persero Tbk. PT		1,565,500		272,037

				9,073,934

Malaysia - 2.8%
AirAsia Bhd.		3,426,792		2,594,278
Genting Bhd.		451,500		989,726
Genting Malaysia Bhd.		865,600		1,108,923
Malayan Banking Bhd.		152,700		342,522
MISC Bhd.		172,800		300,550
Petronas Chemicals Group Bhd.		139,400		230,543
Public Bank Bhd.		257,900		1,220,658
Tenaga Nasional Bhd.		480,200		1,582,050
YTL Corp. Bhd.		501,000		170,405

				8,539,655

Mexico - 4.0%
America Movil SAB de CV, Class L, ADR (1)		138,186		2,199,921
Arca Continental SAB de CV (1)		102,000		766,542
Coca-Cola Femsa SAB de CV, ADR (1)		5,408		457,895
Fomento Economico Mexicano SAB de CV, ADR (1)		9,111		895,976
Gentera SAB de CV (1)		223,000		334,584
Gruma SAB de CV, Class B (1)		122,620		1,599,102
Grupo Aeroportuario del Pacifico SAB de CV, Class B (1)		131,800		1,484,323
Grupo Aeroportuario del Sureste SAB de CV, ADR (1)		5,477		1,152,361
Grupo Bimbo SAB de CV, Series A (1)		52,100		130,905
Grupo Financiero Banorte SAB de CV, Class O (1)		148,000		940,986


INVESTMENTS	SHARES		VALUE ($)
Mexico - 4.0% (continued)
Grupo Financiero Santander Mexico SAB de CV, Class B, ADR (1)		9,891		95,349
Grupo Lala SAB de CV (1)		76,400		139,929
Grupo Mexico SAB de CV, Series B (1)		382,400		1,076,061
Grupo Televisa SAB, ADR (1)		13,194		321,538
Industrias Penoles SAB de CV (1)		1,840		41,520
Kimberly-Clark de Mexico SAB de CV, Class A (1)		58,600		123,989
Mexichem SAB de CV (1)		113,300		304,152
OHL Mexico SAB de CV (1)		231,900		334,777

				12,399,910

Peru - 0.2%
Credicorp Ltd. (1)		3,587		643,472


Philippines - 1.1%
Ayala Corp.		12,620		212,719
Ayala Land, Inc.		183,900		144,882
Bank of the Philippine Islands		106,490		219,524
BDO Unibank, Inc.		128,390		315,625
Globe Telecom, Inc.		13,135		533,188
International Container Terminal Services, Inc.		138,040		267,386
JG Summit Holdings, Inc. *		305,970		491,035
Jollibee Foods Corp.		26,930		108,810
Metropolitan Bank & Trust Co.		62,860		108,909
Security Bank Corp.		109,660		471,552
SM Investments Corp.		30,410		483,482

				3,357,112

Poland - 1.7%
Bank Zachodni WBK SA		2,428		224,174
Eurocash SA		23,009		192,482
Grupa Azoty SA *		5,656		96,691
Grupa Lotos SA *		22,003		302,950
Jastrzebska Spolka Weglowa SA *		8,411		167,894
Polski Koncern Naftowy ORLEN SA		114,713		3,465,004
Polskie Gornictwo Naftowe i Gazownictwo SA		424,052		723,465
Tauron Polska Energia SA *		214,160		206,908

				5,379,568

Russia - 2.8%
Gazprom PJSC, ADR (1)		350,088		1,395,101
LUKOIL PJSC, ADR		29,278		1,427,046
Mobile TeleSystems PJSC, ADR (1)		242,935		2,035,795
Novatek PJSC, GDR		5,239		584,309
Rosneft Oil Co. PJSC, GDR		68,272		371,465
Severstal PJSC, GDR		80,435		1,054,421
Surgutneftegas OJSC, ADR (1)		88,464		379,511
Tatneft PJSC, ADR		37,708		1,421,617

				8,669,265

South Africa - 6.0%
Bid Corp. Ltd.		19,957		455,884
Bidvest Group Ltd. (The)		186,125		2,241,390
Capitec Bank Holdings Ltd.		5,510		349,572
Exxaro Resources Ltd.		114,876		816,157
FirstRand Ltd.		162,042		584,377
Foschini Group Ltd. (The)		121,833		1,278,520
Hyprop Investments Ltd., REIT		46,204		412,274
Imperial Holdings Ltd.		101,945		1,251,704


INVESTMENTS	SHARES		VALUE ($)
South Africa - 6.0% (continued)
Investec Ltd.		162,985		1,201,280
Massmart Holdings Ltd.		41,369		334,030
Mondi Ltd.		33,517		868,041
Naspers Ltd., Class N		11,911		2,345,667
Nedbank Group Ltd.		11,744		187,521
Pick n Pay Stores Ltd.		34,908		157,353
Redefine Properties Ltd., REIT		130,202		104,710
Remgro Ltd.		28,077		458,005
Resilient REIT Ltd.		80,551		750,122
RMB Holdings Ltd.		68,093		305,912
Sanlam Ltd.		23,083		114,327
Sappi Ltd.		93,304		620,918
Standard Bank Group Ltd.		126,786		1,396,250
Telkom SA SOC Ltd.		212,402		999,135
Tiger Brands Ltd.		11,362		319,449
Truworths International Ltd.		149,084		814,481

				18,367,079

South Korea - 15.7%
AMOREPACIFIC Group		1,259		143,068
Dongbu Insurance Co. Ltd.		1,450		86,170
Hana Financial Group, Inc.		17,656		697,280
Hankook Tire Co. Ltd.		789		43,858
Hanwha Chemical Corp.		7,091		187,122
Hanwha Corp.		38,699		1,603,729
Hyundai Construction Equipment Co. Ltd. *		192		57,727
Hyundai Electric & Energy System Co. Ltd. *		199		54,179
Hyundai Engineering & Construction Co. Ltd.		25,605		1,031,528
Hyundai Heavy Industries Co. Ltd. *		757		117,039
Hyundai Marine & Fire Insurance Co. Ltd.		69,669		2,396,268
Hyundai Mobis Co. Ltd.		1,242		271,516
Hyundai Robotics Co. Ltd. *		1,293		436,782
KB Financial Group, Inc.		28,012		1,414,333
Korean Air Lines Co. Ltd. *		8,563		289,615
KT Corp.		9,941		283,444
LG Display Co. Ltd.		2,734		88,423
LG Electronics, Inc.		12,305		863,263
LG Uplus Corp.		163,521		2,230,055
Lotte Chemical Corp.		6,911		2,080,049
POSCO		3,217		805,833
Posco Daewoo Corp.		30,694		598,450
S-1 Corp.		1,090		92,417
Samsung Electronics Co. Ltd.		9,129		19,014,081
Shinhan Financial Group Co. Ltd.		3,876		167,231
SK Hynix, Inc.		114,839		6,761,688
SK Innovation Co. Ltd.		19,249		2,665,917
SK Telecom Co. Ltd.		8,360		1,943,945
Woori Bank		99,523		1,603,205

				48,028,215

Taiwan - 12.5%
AU Optronics Corp.		238,000		108,633
Casetek Holdings Ltd.		108,000		361,831
Catcher Technology Co. Ltd.		97,000		1,156,088
Cathay Financial Holding Co. Ltd. *		374,000		615,614
Chailease Holding Co. Ltd.		16,000		44,569
China Airlines Ltd.		400,000		121,340


INVESTMENTS	SHARES		VALUE ($)
Taiwan - 12.5% (continued)
China Life Insurance Co. Ltd.		2,214,560		2,207,655
CTBC Financial Holding Co. Ltd. *		1,070,559		701,715
E.Sun Financial Holding Co. Ltd.		1,098,900		675,318
Eva Airways Corp.		307,650		152,186
Far EasTone Telecommunications Co. Ltd.		123,000		313,279
Feng TAY Enterprise Co. Ltd.		31,014		137,055
First Financial Holding Co. Ltd.		1,442,000		964,219
Formosa Chemicals & Fibre Corp.		148,000		464,304
Formosa Petrochemical Corp.		35,000		120,710
Foxconn Technology Co. Ltd.		246,929		744,760
Fubon Financial Holding Co. Ltd. *		400,000		636,526
Hon Hai Precision Industry Co. Ltd.		1,229,493		4,726,160
Innolux Corp.		2,444,000		1,276,052
Largan Precision Co. Ltd.		6,000		955,287
Lite-On Technology Corp.		574,410		942,851
Mega Financial Holding Co. Ltd.		450,000		374,088
Micro-Star International Co. Ltd. *		126,000		292,472
Nien Made Enterprise Co. Ltd.		78,000		864,946
Pegatron Corp.		402,000		1,257,541
Phison Electronics Corp.		90,000		1,111,846
Pou Chen Corp.		755,000		1,044,051
Powertech Technology, Inc. *		569,000		1,755,223
Realtek Semiconductor Corp.		410,000		1,474,698
Shin Kong Financial Holding Co. Ltd.		1,117,000		297,113
Taishin Financial Holding Co. Ltd.		331,025		150,645
Taiwan Semiconductor Manufacturing Co. Ltd., ADR (1)		279,680		9,777,613
Uni-President Enterprises Corp.		407,000		815,764
Wistron Corp.		1,405,402		1,428,603
WPG Holdings Ltd.		64,000		85,378

				38,156,133

Thailand - 2.5%
Advanced Info Service PCL, NVDR		8,700		45,428
Charoen Pokphand Foods PCL, NVDR		2,300,600		1,678,554
Home Product Center PCL, NVDR		417,300		117,834
Indorama Ventures PCL, NVDR		89,200		99,714
Krung Thai Bank PCL, NVDR		1,087,900		601,587
PTT Global Chemical PCL, NVDR		827,400		1,667,422
PTT PCL, NVDR		87,400		951,141
Robinson PCL, NVDR		102,700		175,982
Siam Commercial Bank PCL (The), NVDR		82,900		379,011
Thai Oil PCL, NVDR		610,600		1,419,352
Thai Union Group PCL, NVDR		624,404		387,775

				7,523,800

Turkey - 1.6%
Akbank TAS		33,251		92,618
Arcelik A/S		237,948		1,761,986
KOC Holding A/S		117,694		541,068
Turkiye Garanti Bankasi A/S		54,457		151,573
Turkiye Is Bankasi, Class C		568,147		1,203,049
Turkiye Sise ve Cam Fabrikalari A/S		398,179		520,569
Turkiye Vakiflar Bankasi TAO, Class D		308,945		568,055

				4,838,918


INVESTMENTS	SHARES		VALUE ($)
United States - 0.3%
Yum China Holdings, Inc. (1)*		25,244		995,371

TOTAL COMMON STOCKS (Cost $245,543,229)				296,845,808


SHORT-TERM INVESTMENT - 3.1%

Investment Company - 3.1%
Limited Purpose Cash Investment Fund, 0.81% (Cost $9,542,774) (c)		9,543,729		9,542,774


SECURITIES LENDING COLLATERAL - 0.9%

Investment Company - 0.9%
Investments in a Pooled Account through Securities Lending Program with Citibank NA
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84% (Cost $2,840,175) (c)(d)		2,840,175		2,840,175

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 101.0% (Cost $257,926,178)				309,228,757


LIABILITIES IN EXCESS OF OTHER ASSETS - (1.0)% (e)				(3,204,509	)

NET ASSETS - 100.0%				306,024,248


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	28,656,900		9.4	%
Consumer Staples		14,290,450		4.7
Energy		25,419,461		8.3
Financials		56,874,497		18.5
Health Care		5,693,447		1.9
Industrials		21,087,665		6.9
Information Technology		87,825,275		28.6
Materials		21,147,147		6.9
Real Estate		6,968,334		2.3
Telecommunication Services		24,134,605		7.9
Utilities		4,748,027		1.6
Short-Term Investment		9,542,774		3.1
Securities Lending Collateral		2,840,175		0.9

Total Investments In Securities At Value		309,228,757		101.0
Liabilities in Excess of Other Assets (e)		(3,204,509)		(1.0)

Net Assets	$	306,024,248		100.0	%

*	Non-income producing security.

(a)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $2,663,375.

(b)

Securities exempt from registration under Rule 144A or section 4(2), of the Securities Act of 1933. Under procedures approved by the Board of Trustees, such securities have been determined to be liquid by the investment adviser and may be resold, normally to qualified institutional buyers in transactions exempt from registration. Total value of all such securities at 6/30/2017 amounted to $2,097,893, which represents approximately 0.69% of net assets of the fund.

(c)	Represents 7-day effective yield as of 6/30/2017.

(d)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

(e)	Includes appreciation/(depreciation) on futures contracts.

All securities are Level 2 with respect to ASC 820, unless otherwise noted in parentheses.

(1)	Level 1 security (See Note 4).

Abbreviations

ADR - American Depositary Receipt

GDR - Global Depositary Receipt

LSE - London Stock Exchange

NVDR - Non-Voting Depositary Receipt

OJSC - Open Joint Stock Company

PJSC - Public Joint Stock Company

REIT - Real Estate Investment Trust

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 96.8%

Aerospace & Defense - 4.2%
Boeing Co. (The)		14,359		2,839,492
BWX Technologies, Inc.		1,495		72,881
General Dynamics Corp.		2,116		419,180
Huntington Ingalls Industries, Inc.		7,742		1,441,251
Northrop Grumman Corp.		3,569		916,198
Raytheon Co.		11,163		1,802,601
Spirit AeroSystems Holdings, Inc., Class A		20,707		1,199,764

				8,691,367

Air Freight & Logistics - 0.2%
FedEx Corp.		1,571		341,425


Airlines - 2.8%
Alaska Air Group, Inc.		2,764		248,097
Copa Holdings SA, Class A (Panama)		2,604		304,668
Delta Air Lines, Inc.		25,113		1,349,573
JetBlue Airways Corp. *		55,707		1,271,791
Southwest Airlines Co.		10,829		672,914
United Continental Holdings, Inc. *		24,506		1,844,076

				5,691,119

Auto Components - 0.6%
Goodyear Tire & Rubber Co. (The)		4,810		168,158
Lear Corp.		7,667		1,089,327

				1,257,485

Automobiles - 0.6%
General Motors Co.		18,491		645,891
Thor Industries, Inc.		4,858		507,758

				1,153,649

Banks - 7.0%
Bank of America Corp.		77,816		1,887,816
Citigroup, Inc.		21,870		1,462,666
East West Bancorp, Inc.		3,240		189,799
Fifth Third Bancorp		15,549		403,652
JPMorgan Chase & Co.		43,114		3,940,620
M&T Bank Corp.		515		83,404
PNC Financial Services Group, Inc. (The)		10,155		1,268,055
Popular, Inc.		5,374		224,149
Regions Financial Corp.		31,659		463,488
SunTrust Banks, Inc.		19,632		1,113,527
US Bancorp		27,273		1,416,014
Wells Fargo & Co.		36,516		2,023,352

				14,476,542

Beverages - 1.2%
Constellation Brands, Inc., Class A		5,091		986,279
Molson Coors Brewing Co., Class B		2,182		188,394
PepsiCo, Inc.		10,497		1,212,299

				2,386,972

Biotechnology - 1.9%
Amgen, Inc.		2,059		354,622
Biogen, Inc. *		1,936		525,353
Bioverativ, Inc. *		803		48,316
Celgene Corp. *		851		110,519


INVESTMENTS	SHARES		VALUE ($)
Biotechnology - 1.9% (continued)
Exelixis, Inc. *		23,615		581,637
Gilead Sciences, Inc.		15,018		1,062,974
United Therapeutics Corp. *		6,961		903,051
Vertex Pharmaceuticals, Inc. *		2,840		365,991

				3,952,463

Building Products - 0.7%
AO Smith Corp.		3,592		202,337
Lennox International, Inc.		479		87,964
Owens Corning		17,377		1,162,869

				1,453,170

Capital Markets - 1.2%
Bank of New York Mellon Corp. (The)		16,093		821,065
BlackRock, Inc.		230		97,154
Goldman Sachs Group, Inc. (The)		827		183,511
Morgan Stanley		7,455		332,195
S&P Global, Inc.		1,350		197,086
State Street Corp.		9,798		879,175

				2,510,186

Chemicals - 2.0%
Cabot Corp.		3,532		188,715
Chemours Co. (The)		19,840		752,333
Dow Chemical Co. (The)		12,625		796,259
EI du Pont de Nemours & Co.		6,988		564,002
Huntsman Corp.		4,529		117,029
LyondellBasell Industries NV, Class A		15,338		1,294,374
Monsanto Co.		2,354		278,619
Sherwin-Williams Co. (The)		266		93,355

				4,084,686

Commercial Services & Supplies - 0.8%
Cintas Corp.		6,935		874,087
Republic Services, Inc.		1,912		121,852
Rollins, Inc.		2,483		101,083
Waste Management, Inc.		7,196		527,827

				1,624,849

Communications Equipment - 1.2%
Brocade Communications Systems, Inc.		2,783		35,093
Cisco Systems, Inc.		56,610		1,771,893
Juniper Networks, Inc.		22,768		634,772

				2,441,758

Consumer Finance - 0.2%
Capital One Financial Corp.		2,959		244,472
Discover Financial Services		3,830		238,188

				482,660

Containers & Packaging - 0.2%
Avery Dennison Corp.		1,201		106,133
Packaging Corp. of America		1,962		218,547

				324,680

Distributors - 0.0% (a)
LKQ Corp. *		2,069		68,174


Diversified Consumer Services - 0.2%
Graham Holdings Co., Class B		127		76,156


INVESTMENTS	SHARES		VALUE ($)
Diversified Consumer Services - 0.2% (continued)
H&R Block, Inc.		13,884		429,154

				505,310

Diversified Financial Services - 1.3%
Berkshire Hathaway, Inc., Class B *		15,976		2,705,855


Diversified Telecommunication Services - 0.4%
AT&T, Inc.		21,326		804,630


Electric Utilities - 3.0%
Edison International		2,059		160,993
Eversource Energy		7,237		439,358
Exelon Corp.		29,218		1,053,893
Great Plains Energy, Inc.		8,834		258,659
NextEra Energy, Inc.		3,907		547,488
PG&E Corp.		31,688		2,103,133
Pinnacle West Capital Corp.		17,186		1,463,560
Xcel Energy, Inc.		4,568		209,580

				6,236,664

Electronic Equipment, Instruments & Components - 0.9%
Arrow Electronics, Inc. *		5,892		462,051
CDW Corp.		2,471		154,512
Corning, Inc.		32,067		963,613
Dolby Laboratories, Inc., Class A		3,085		151,042
Jabil, Inc.		3,071		89,642

				1,820,860

Energy Equipment & Services - 0.1%
Baker Hughes, Inc.		3,064		167,019


Equity Real Estate Investment Trusts (REITs) - 3.1%
American Tower Corp.		3,811		504,272
AvalonBay Communities, Inc.		1,100		211,387
Boston Properties, Inc.		2,258		277,779
Crown Castle International Corp.		2,021		202,464
Digital Realty Trust, Inc.		5,753		649,801
Equinix, Inc.		908		389,677
Equity Residential		6,814		448,566
Essex Property Trust, Inc.		523		134,552
GGP, Inc.		8,721		205,467
HCP, Inc.		9,749		311,578
Host Hotels & Resorts, Inc.		12,303		224,776
Prologis, Inc.		6,831		400,570
Public Storage		2,231		465,230
Realty Income Corp.		5,417		298,910
Simon Property Group, Inc.		3,193		516,500
Ventas, Inc.		7,001		486,429
Vornado Realty Trust		2,869		269,399
Welltower, Inc.		3,145		235,403
Weyerhaeuser Co.		4,966		166,361

				6,399,121

Food & Staples Retailing - 2.0%
Costco Wholesale Corp.		783		125,225
Walgreens Boots Alliance, Inc.		1,043		81,677
Wal-Mart Stores, Inc.		51,332		3,884,806

				4,091,708


INVESTMENTS	SHARES		VALUE ($)
Food Products - 1.9%
Archer-Daniels-Midland Co.		6,195		256,349
Bunge Ltd.		1,179		87,953
Conagra Brands, Inc.		15,538		555,639
Flowers Foods, Inc.		6,915		119,699
Ingredion, Inc.		7,471		890,618
Pilgrim’s Pride Corp. *		27,550		603,896
Tyson Foods, Inc., Class A		21,494		1,346,169

				3,860,323

Health Care Equipment & Supplies - 0.7%
Baxter International, Inc.		17,159		1,038,806
Danaher Corp.		3,850		324,901
Hill-Rom Holdings, Inc.		787		62,653

				1,426,360

Health Care Providers & Services - 4.9%
Aetna, Inc.		4,609		699,784
Anthem, Inc.		8,489		1,597,036
Centene Corp. *		7,308		583,763
Cigna Corp.		1,272		212,920
Express Scripts Holding Co. *		4,952		316,136
Humana, Inc.		6,266		1,507,725
McKesson Corp.		1,917		315,423
UnitedHealth Group, Inc.		10,791		2,000,867
WellCare Health Plans, Inc. *		15,944		2,862,905

				10,096,559

Hotels, Restaurants & Leisure - 2.6%
Carnival Corp.		21,082		1,382,347
Darden Restaurants, Inc.		24,626		2,227,176
International Game Technology plc		3,274		59,914
Las Vegas Sands Corp.		2,669		170,522
McDonald’s Corp.		1,933		296,058
Royal Caribbean Cruises Ltd.		9,727		1,062,480
Wyndham Worldwide Corp.		1,323		132,843

				5,331,340

Household Durables - 0.6%
DR Horton, Inc.		12,581		434,925
NVR, Inc. *		151		364,002
PulteGroup, Inc.		15,185		372,488

				1,171,415

Household Products - 1.5%
Procter & Gamble Co. (The)		35,873		3,126,332


Industrial Conglomerates - 0.1%
3M Co.		1,376		286,469


Insurance - 6.5%
Aflac, Inc.		16,109		1,251,347
Allstate Corp. (The)		19,006		1,680,891
American Financial Group, Inc.		8,002		795,159
Assured Guaranty Ltd.		48,853		2,039,124
Chubb Ltd.		7,280		1,058,367
Everest Re Group Ltd.		9,078		2,311,168
First American Financial Corp.		3,974		177,598
Lincoln National Corp.		3,716		251,127


INVESTMENTS	SHARES		VALUE ($)
Insurance - 6.5% (continued)
Prudential Financial, Inc.		9,289		1,004,513
Reinsurance Group of America, Inc.		9,783		1,256,039
Travelers Cos., Inc. (The)		12,093		1,530,127
Unum Group		2,416		112,658

				13,468,118

Internet & Direct Marketing Retail - 1.4%
Amazon.com, Inc. *		2,457		2,378,376
Liberty Interactive Corp. QVC Group, Class A *		8,067		197,964
Priceline Group, Inc. (The) *		216		404,032

				2,980,372

Internet Software & Services - 5.5%
Akamai Technologies, Inc. *		9,542		475,287
Alphabet, Inc., Class A *		3,492		3,246,443
Alphabet, Inc., Class C *		2,644		2,402,682
Cars.com, Inc. *		807		21,490
eBay, Inc. *		63,140		2,204,849
Facebook, Inc., Class A *		15,855		2,393,788
IAC/InterActiveCorp *		6,383		658,981

				11,403,520

IT Services - 1.7%
Accenture plc, Class A		7,680		949,862
Amdocs Ltd.		4,246		273,697
Booz Allen Hamilton Holding Corp.		8,800		286,352
Cognizant Technology Solutions Corp., Class A		2,714		180,210
DXC Technology Co.		2,410		184,895
Fiserv, Inc. *		889		108,760
International Business Machines Corp.		9,303		1,431,081
Leidos Holdings, Inc.		1,612		83,324

				3,498,181

Life Sciences Tools & Services - 0.3%
Charles River Laboratories International, Inc. *		1,232		124,617
Mettler-Toledo International, Inc. *		173		101,817
Waters Corp. *		1,839		338,082

				564,516

Machinery - 3.0%
Crane Co.		2,689		213,453
Cummins, Inc.		6,483		1,051,672
Deere & Co.		5,999		741,417
Illinois Tool Works, Inc.		2,160		309,420
Ingersoll-Rand plc		2,842		259,730
Oshkosh Corp.		35,756		2,462,873
Stanley Black & Decker, Inc.		3,658		514,790
Toro Co. (The)		1,834		127,078
Trinity Industries, Inc.		15,417		432,139

				6,112,572

Media - 2.1%
Cable One, Inc.		205		145,734
Comcast Corp., Class A		48,518		1,888,321
John Wiley & Sons, Inc., Class A		1,815		95,741
Scripps Networks Interactive, Inc., Class A		1,916		130,882


INVESTMENTS	SHARES		VALUE ($)
Media - 2.1% (continued)
Time Warner, Inc.		5,444		546,632
Walt Disney Co. (The)		14,462		1,536,588

				4,343,898

Metals & Mining - 0.4%
Newmont Mining Corp.		2,949		95,518
Reliance Steel & Aluminum Co.		1,261		91,813
Royal Gold, Inc.		3,472		271,406
Steel Dynamics, Inc.		10,249		367,017

				825,754

Mortgage Real Estate Investment Trusts (REITs) - 0.2%
Annaly Capital Management, Inc.		27,716		333,978


Multiline Retail - 0.1%
Kohl’s Corp.		5,846		226,065
Target Corp.		1,145		59,872

				285,937

Multi-Utilities - 2.1%
Ameren Corp.		24,559		1,342,641
Consolidated Edison, Inc.		18,045		1,458,397
DTE Energy Co.		9,441		998,763
Public Service Enterprise Group, Inc.		10,287		442,444

				4,242,245

Oil, Gas & Consumable Fuels - 1.5%
Energen Corp. *		6,162		304,218
Exxon Mobil Corp.		1,363		110,035
Marathon Petroleum Corp.		18,549		970,669
Pioneer Natural Resources Co.		794		126,707
Valero Energy Corp.		24,352		1,642,786

				3,154,415

Personal Products - 0.0% (a)
Nu Skin Enterprises, Inc., Class A		1,653		103,875


Pharmaceuticals - 3.0%
Johnson & Johnson		22,081		2,921,095
Merck & Co., Inc.		19,697		1,262,381
Pfizer, Inc.		58,030		1,949,228

				6,132,704

Professional Services - 0.3%
ManpowerGroup, Inc.		5,452		608,716


Real Estate Management & Development - 0.1%
CBRE Group, Inc., Class A *		4,543		165,365
Jones Lang LaSalle, Inc.		772		96,500

				261,865

Road & Rail - 0.5%
CSX Corp.		5,373		293,151
Norfolk Southern Corp.		991		120,605
Union Pacific Corp.		5,674		617,955

				1,031,711

Semiconductors & Semiconductor Equipment - 5.4%
Applied Materials, Inc.		53,888		2,226,113
Intel Corp.		78,238		2,639,750
Lam Research Corp.		8,722		1,233,553
Micron Technology, Inc. *		51,728		1,544,598


INVESTMENTS	SHARES		VALUE ($)
Semiconductors & Semiconductor Equipment - 5.4% (continued)
NVIDIA Corp.		7,704		1,113,690
ON Semiconductor Corp. *		6,834		95,949
Skyworks Solutions, Inc.		8,386		804,637
Teradyne, Inc.		3,157		94,805
Texas Instruments, Inc.		18,513		1,424,205

				11,177,300

Software - 4.4%
Activision Blizzard, Inc.		26,354		1,517,200
Adobe Systems, Inc. *		2,751		389,101
Cadence Design Systems, Inc. *		3,460		115,875
Citrix Systems, Inc. *		7,740		615,949
Electronic Arts, Inc. *		8,700		919,764
Microsoft Corp.		58,007		3,998,423
Oracle Corp.		3,877		194,393
Synopsys, Inc. *		3,004		219,082
VMware, Inc., Class A *(b)		11,650		1,018,559

				8,988,346

Specialty Retail - 3.1%
Best Buy Co., Inc.		39,734		2,277,950
Foot Locker, Inc.		21,810		1,074,797
Gap, Inc. (The)		18,676		410,685
Home Depot, Inc. (The)		10,523		1,614,228
Murphy USA, Inc. *		2,589		191,871
Ross Stores, Inc.		6,209		358,446
TJX Cos., Inc. (The)		4,715		340,281
Williams-Sonoma, Inc.		3,146		152,581

				6,420,839

Technology Hardware, Storage & Peripherals - 5.3%
Apple, Inc.		52,127		7,507,331
Hewlett Packard Enterprise Co.		62,681		1,039,878
HP, Inc.		30,381		531,060
NetApp, Inc.		15,530		621,976
Western Digital Corp.		12,975		1,149,585

				10,849,830

Textiles, Apparel & Luxury Goods - 0.1%
Coach, Inc.		1,274		60,311
PVH Corp.		1,360		155,720

				216,031

Thrifts & Mortgage Finance - 0.0% (a)
New York Community Bancorp, Inc.		5,186		68,092


Tobacco - 1.4%
Altria Group, Inc.		14,357		1,069,166
Philip Morris International, Inc.		13,396		1,573,360
Reynolds American, Inc.		4,087		265,818

				2,908,344

Trading Companies & Distributors - 0.3%
MSC Industrial Direct Co., Inc., Class A		3,993		343,238
United Rentals, Inc. *		2,683		302,401

				645,639

TOTAL COMMON STOCKS (Cost $170,765,319)				199,597,948


INVESTMENTS	SHARES		VALUE ($)
EXCHANGE TRADED FUND - 2.0%
SPDR S&P 500 Fund Trust
(Cost $3,567,914)		17,545		4,242,381


SHORT-TERM INVESTMENT - 1.7%

Investment Company - 1.7%
Limited Purpose Cash Investment Fund, 0.81%
(Cost $3,600,881) (2)(c)		3,601,241		3,600,881


SECURITIES LENDING COLLATERAL - 0.4%

Investment Company - 0.4%
Investments in a Pooled Account through Securities Lending Program with Citibank NA
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84%
(Cost $747,600) (2)(c)(d)		747,600		747,600

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 100.9% (Cost $178,681,714)				208,188,810


LIABILITIES IN EXCESS OF OTHER ASSETS - (0.9)%				(1,901,702	)

NET ASSETS - 100.0%				206,287,108


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	23,734,450		11.5	%
Consumer Staples		16,477,554		8.0
Energy		3,321,433		1.6
Exchange Traded Fund		4,242,381		2.0
Financials		34,045,431		16.6
Health Care		22,172,603		10.7
Industrials		26,487,036		12.8
Information Technology		50,179,796		24.4
Materials		5,235,120		2.5
Real Estate		6,660,986		3.2
Telecommunication Services		804,630		0.4
Utilities		10,478,909		5.1
Short-Term Investment		3,600,881		1.7
Securities Lending Collateral		747,600		0.4

Total Investments In Securities At Value		208,188,810		100.9
Liabilities in Excess of Other Assets		(1,901,702)		(0.9)

Net Assets	$	206,287,108		100.0	%


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 93.7%

Aerospace & Defense - 1.6%
AAR Corp.		522		18,145
Curtiss-Wright Corp.		441		40,475
DigitalGlobe, Inc. *		820		27,306
Ducommun, Inc. *		1,754		55,391
Esterline Technologies Corp. *		664		62,947
Moog, Inc., Class A *		620		44,466
National Presto Industries, Inc.		153		16,907
Teledyne Technologies, Inc. *		210		26,807
Vectrus, Inc. *		4,344		140,398

				432,842

Air Freight & Logistics - 0.1%
Air Transport Services Group, Inc. *		424		9,235
Hub Group, Inc., Class A *		503		19,290

				28,525

Airlines - 0.2%
Allegiant Travel Co.		100		13,560
Hawaiian Holdings, Inc. *		353		16,574
SkyWest, Inc.		613		21,516

				51,650

Auto Components - 4.2%
American Axle & Manufacturing Holdings, Inc. *		12,712		198,307
Cooper Tire & Rubber Co.		3,987		143,931
Cooper-Standard Holdings, Inc. *		2,098		211,625
Dana, Inc.		8,236		183,910
Dorman Products, Inc. *		955		79,045
LCI Industries		1,600		163,840
Standard Motor Products, Inc.		409		21,358
Stoneridge, Inc. *		2,663		41,037
Superior Industries International, Inc.		394		8,097
Tenneco, Inc.		1,746		100,971
Tower International, Inc.		816		18,319

				1,170,440

Automobiles - 0.0% (a)
Winnebago Industries, Inc.		192		6,720


Banks - 9.0%
1st Source Corp.		596		28,572
Ameris Bancorp		415		20,003
BancFirst Corp.		185		17,871
BancorpSouth, Inc.		1,587		48,404
Bank of the Ozarks, Inc.		376		17,623
Brookline Bancorp, Inc.		576		8,410
Canadian Imperial Bank of Commerce (Canada)		407		33,032
Cathay General Bancorp		1,997		75,786
CenterState Banks, Inc.		1,055		26,227
Chemical Financial Corp.		564		27,303
City Holding Co.		128		8,431
Columbia Banking System, Inc.		372		14,824
Community Bank System, Inc.		237		13,218
Community Trust Bancorp, Inc.		222		9,713
Customers Bancorp, Inc. *		1,062		30,033
Eagle Bancorp, Inc. *		507		32,093
Enterprise Financial Services Corp.		914		37,291


INVESTMENTS	SHARES		VALUE ($)
Banks - 9.0% (continued)
FCB Financial Holdings, Inc., Class A *		390		18,623
Fidelity Southern Corp.		1,092		24,963
First BanCorp *		10,483		60,697
First Busey Corp.		276		8,092
First Citizens BancShares, Inc., Class A		240		89,448
First Commonwealth Financial Corp.		899		11,399
First Financial Bancorp		1,301		36,038
First Financial Corp.		204		9,649
First Interstate BancSystem, Inc., Class A		2,036		75,739
First Merchants Corp.		1,693		67,957
First Midwest Bancorp, Inc.		601		14,009
Flushing Financial Corp.		605		17,055
Fulton Financial Corp.		3,838		72,922
Great Southern Bancorp, Inc.		426		22,791
Great Western Bancorp, Inc.		3,585		146,304
Hancock Holding Co.		2,862		140,238
Hanmi Financial Corp.		831		23,642
Heartland Financial USA, Inc.		1,496		70,462
Heritage Financial Corp.		437		11,581
Hilltop Holdings, Inc.		2,070		54,255
Home BancShares, Inc.		828		20,617
Hope Bancorp, Inc.		603		11,246
IBERIABANK Corp.		342		27,873
Independent Bank Corp.		200		13,330
Independent Bank Group, Inc.		221		13,150
International Bancshares Corp.		2,296		80,475
LegacyTexas Financial Group, Inc.		2,034		77,556
MB Financial, Inc.		1,204		53,024
NBT Bancorp, Inc.		821		30,336
OFG Bancorp		1,068		10,680
Old National Bancorp		1,544		26,634
Pacific Premier Bancorp, Inc. *		310		11,439
Pinnacle Financial Partners, Inc.		183		11,492
Preferred Bank		1,135		60,688
Prosperity Bancshares, Inc.		1,545		99,251
Renasant Corp.		315		13,778
Sandy Spring Bancorp, Inc.		415		16,874
ServisFirst Bancshares, Inc.		2,223		82,006
Simmons First National Corp., Class A		152		8,041
Stock Yards Bancorp, Inc.		480		18,672
Texas Capital Bancshares, Inc. *		774		59,908
Towne Bank		1,008		31,046
TriCo Bancshares		365		12,830
Trustmark Corp.		1,520		48,883
UMB Financial Corp.		392		29,345
Umpqua Holdings Corp.		1,836		33,709
Webster Financial Corp.		964		50,340
Wintrust Financial Corp.		1,674		127,961

				2,505,882

Beverages - 0.7%
Coca-Cola Bottling Co. Consolidated		62		14,190
Craft Brew Alliance, Inc. *		620		10,447
MGP Ingredients, Inc.		1,098		56,185
National Beverage Corp.		1,279		119,663

				200,485

Biotechnology - 3.9%
Acorda Therapeutics, Inc. *		541		10,658
AMAG Pharmaceuticals, Inc. *		425		7,820
Array BioPharma, Inc. *		2,096		17,543


INVESTMENTS	SHARES		VALUE ($)
Biotechnology - 3.9% (continued)
BioSpecifics Technologies Corp. *		768		38,024
Bluebird Bio, Inc. *		304		31,935
Blueprint Medicines Corp. *		325		16,468
Clovis Oncology, Inc. *		479		44,849
Eagle Pharmaceuticals, Inc. *(b)		1,896		149,575
Emergent BioSolutions, Inc. *		1,693		57,410
Exact Sciences Corp. *		4,275		151,207
Exelixis, Inc. *		11,936		293,984
FibroGen, Inc. *		482		15,568
PDL BioPharma, Inc. *		14,139		34,923
Portola Pharmaceuticals, Inc. *		648		36,398
Prothena Corp. plc (Ireland) *		347		18,780
Puma Biotechnology, Inc. *		386		33,736
Repligen Corp. *		868		35,970
Retrophin, Inc. *		707		13,709
TESARO, Inc. *		258		36,084
Xencor, Inc. *		2,200		46,442

				1,091,083

Building Products - 2.3%
American Woodmark Corp. *		492		47,011
Apogee Enterprises, Inc.		1,937		110,099
Armstrong Flooring, Inc. *		666		11,968
Continental Building Products, Inc. *		491		11,440
Gibraltar Industries, Inc. *		1,539		54,865
Insteel Industries, Inc.		3,617		119,252
Patrick Industries, Inc. *		2,081		151,601
Ply Gem Holdings, Inc. *		1,166		20,930
Trex Co., Inc. *		508		34,371
Universal Forest Products, Inc.		783		68,364

				629,901

Capital Markets - 0.6%
Evercore Partners, Inc., Class A		611		43,075
INTL. FCStone, Inc. *		1,006		37,987
Janus Henderson Group plc (United Kingdom) *		280		9,271
Stifel Financial Corp. *		1,508		69,338

				159,671

Chemicals - 2.3%
American Vanguard Corp.		513		8,849
Chase Corp.		349		37,238
Chemours Co. (The)		5,722		216,978
FutureFuel Corp.		1,191		17,972
GCP Applied Technologies, Inc. *		251		7,655
Ingevity Corp. *		207		11,882
Innospec, Inc.		713		46,737
Kronos Worldwide, Inc.		1,704		31,047
Minerals Technologies, Inc.		163		11,932
Rayonier Advanced Materials, Inc. (b)		2,469		38,813
Stepan Co.		626		54,550
Trinseo SA		2,136		146,743

				630,396

Commercial Services & Supplies - 2.2%
ABM Industries, Inc.		206		8,553
ACCO Brands Corp. *		8,789		102,392
Brady Corp., Class A		339		11,492
Brink’s Co. (The)		197		13,199
CECO Environmental Corp.		1,921		17,635


INVESTMENTS	SHARES		VALUE ($)
Commercial Services & Supplies - 2.2% (continued)
Deluxe Corp.		973		67,351
Ennis, Inc.		4,170		79,647
Herman Miller, Inc.		1,351		41,070
HNI Corp.		1,392		55,499
Knoll, Inc.		390		7,819
Quad/Graphics, Inc.		4,554		104,378
Steelcase, Inc., Class A		1,633		22,862
Tetra Tech, Inc.		377		17,248
UniFirst Corp.		160		22,512
Viad Corp.		593		28,019
West Corp.		471		10,984

				610,660

Communications Equipment - 1.6%
Applied Optoelectronics, Inc. *(b)		1,551		95,836
Ciena Corp. *		459		11,484
Finisar Corp. *		3,828		99,452
InterDigital, Inc.		571		44,138
Lumentum Holdings, Inc. *		487		27,784
NETGEAR, Inc. *		1,200		51,720
Oclaro, Inc. *(b)		8,982		83,892
Plantronics, Inc.		480		25,109
Sonus Networks, Inc. *		1,366		10,163
Ubiquiti Networks, Inc. *		190		9,874

				459,452

Construction & Engineering - 2.4%
Argan, Inc.		3,181		190,860
Comfort Systems USA, Inc.		260		9,646
Dycom Industries, Inc. *		783		70,094
EMCOR Group, Inc.		2,083		136,187
MasTec, Inc. *		2,442		110,256
MYR Group, Inc. *		1,503		46,623
Tutor Perini Corp. *		3,511		100,941

				664,607

Construction Materials - 0.2%
Summit Materials, Inc., Class A *		1,350		38,974
US Concrete, Inc. *		110		8,641

				47,615

Consumer Finance - 0.7%
FirstCash, Inc.		490		28,567
LendingClub Corp. *		3,386		18,657
Nelnet, Inc., Class A		1,060		49,831
Regional Management Corp. *		468		11,059
World Acceptance Corp. *		1,297		97,158

				205,272


Distributors - 0.0% (a)
Core-Mark Holding Co., Inc.		182		6,017


Diversified Consumer Services - 2.1%
Adtalem Global Education, Inc.		4,002		151,876
American Public Education, Inc. *		3,203		75,751
Capella Education Co.		1,579		135,162
Career Education Corp. *		6,030		57,888
Grand Canyon Education, Inc. *		1,571		123,182
K12, Inc. *		2,864		51,323

				595,182


INVESTMENTS	SHARES		VALUE ($)
Diversified Telecommunication Services - 0.5%
FairPoint Communications, Inc. *		1,140		17,841
General Communication, Inc., Class A *		525		19,236
IDT Corp., Class B		4,151		59,650
Vonage Holdings Corp. *		7,102		46,447

				143,174

Electric Utilities - 0.5%
Portland General Electric Co.		164		7,493
Spark Energy, Inc., Class A		6,542		122,990

				130,483

Electrical Equipment - 0.1%
Encore Wire Corp.		284		12,127
EnerSys		337		24,415

				36,542

Electronic Equipment, Instruments & Components - 4.5%
Anixter International, Inc. *		491		38,396
AVX Corp.		825		13,480
Benchmark Electronics, Inc. *		1,481		47,836
Coherent, Inc. *		725		163,118
Control4 Corp. *		1,193		23,395
CTS Corp.		487		10,519
ePlus, Inc. *		911		67,505
II-VI, Inc. *		1,521		52,170
Insight Enterprises, Inc. *		755		30,192
Methode Electronics, Inc.		3,020		124,424
Plexus Corp. *		496		26,075
Rogers Corp. *		558		60,610
Sanmina Corp. *		5,265		200,597
SYNNEX Corp.		546		65,498
Tech Data Corp. *		1,208		122,008
TTM Technologies, Inc. *		9,011		156,431
Vishay Intertechnology, Inc.		2,321		38,529

				1,240,783

Energy Equipment & Services - 0.4%
Atwood Oceanics, Inc. *(b)		3,485		28,402
Exterran Corp. *		1,357		36,232
McDermott International, Inc. *		4,728		33,900

				98,534

Equity Real Estate Investment Trusts (REITs) - 6.2%
Acadia Realty Trust		854		23,741
Agree Realty Corp.		839		38,485
American Assets Trust, Inc.		543		21,389
CBL & Associates Properties, Inc.		2,967		25,012
Chesapeake Lodging Trust		765		18,720
Colony Starwood Homes		751		25,767
CoreSite Realty Corp.		531		54,974
Cousins Properties, Inc.		4,398		38,658
DiamondRock Hospitality Co.		4,030		44,129
DuPont Fabros Technology, Inc.		1,090		66,664
EastGroup Properties, Inc.		345		28,911
Education Realty Trust, Inc.		774		29,993
FelCor Lodging Trust, Inc.		3,127		22,546
First Industrial Realty Trust, Inc.		1,565		44,790
Four Corners Property Trust, Inc.		1,982		49,768
Franklin Street Properties Corp.		2,870		31,800
GEO Group, Inc. (The)		2,109		62,363
Global Net Lease, Inc.		501		11,142


INVESTMENTS	SHARES		VALUE ($)
Equity Real Estate Investment Trusts (REITs) - 6.2% (continued)
Government Properties Income Trust		1,056		19,335
Gramercy Property Trust		1,606		47,714
Healthcare Realty Trust, Inc.		1,261		43,063
Hudson Pacific Properties, Inc.		1,276		43,626
Kite Realty Group Trust		875		16,564
LaSalle Hotel Properties		1,494		44,521
Lexington Realty Trust		3,470		34,388
LTC Properties, Inc.		343		17,627
Mack-Cali Realty Corp.		1,735		47,088
Medical Properties Trust, Inc.		3,854		49,601
Monmouth Real Estate Investment Corp.		2,604		39,190
Monogram Residential Trust, Inc.		2,128		20,663
National Health Investors, Inc.		344		27,245
Pebblebrook Hotel Trust		1,063		34,271
Pennsylvania REIT		1,111		12,577
Physicians Realty Trust		1,475		29,707
Potlatch Corp.		748		34,184
PS Business Parks, Inc.		158		20,918
QTS Realty Trust, Inc., Class A		597		31,241
Ramco-Gershenson Properties Trust		1,220		15,738
Retail Opportunity Investments Corp.		955		18,326
Rexford Industrial Realty, Inc.		1,175		32,242
RLJ Lodging Trust		1,646		32,706
Ryman Hospitality Properties, Inc.		689		44,103
Sabra Health Care REIT, Inc.		1,162		28,004
Select Income REIT		922		22,156
Seritage Growth Properties, Class A (b)		414		17,367
STAG Industrial, Inc.		1,114		30,746
Summit Hotel Properties, Inc.		2,091		38,997
Sunstone Hotel Investors, Inc.		3,628		58,483
Terreno Realty Corp.		1,043		35,107
Urban Edge Properties		942		22,354
Washington Prime Group, Inc.		2,685		22,473
Washington REIT		619		19,746
Xenia Hotels & Resorts, Inc.		1,802		34,905

				1,725,828

Food & Staples Retailing - 0.3%
Ingles Markets, Inc., Class A		713		23,743
SpartanNash Co.		516		13,395
United Natural Foods, Inc. *		258		9,469
Weis Markets, Inc.		592		28,842

				75,449

Food Products - 1.6%
Darling Ingredients, Inc. *		2,391		37,634
Fresh Del Monte Produce, Inc.		429		21,840
John B Sanfilippo & Son, Inc.		1,522		96,054
Omega Protein Corp.		7,236		129,525
Sanderson Farms, Inc.		1,280		148,032

				433,085

Gas Utilities - 0.9%
ONE Gas, Inc.		1,128		78,746
Southwest Gas Holdings, Inc.		1,570		114,704
WGL Holdings, Inc.		625		52,144

				245,594

Health Care Equipment & Supplies - 1.3%
Anika Therapeutics, Inc. *		509		25,114
Cardiovascular Systems, Inc. *		256		8,251


INVESTMENTS	SHARES		VALUE ($)
Health Care Equipment & Supplies - 1.3% (continued)
CryoLife, Inc. *		550		10,973
Glaukos Corp. *		596		24,716
ICU Medical, Inc. *		129		22,253
Inogen, Inc. *		121		11,546
iRadimed Corp. *		952		8,187
LeMaitre Vascular, Inc.		836		26,100
Masimo Corp. *		1,716		156,465
Merit Medical Systems, Inc. *		376		14,344
NuVasive, Inc. *		146		11,230
OraSure Technologies, Inc. *		2,197		37,920
TransEnterix, Inc. *		4,316		3,064

				360,163

Health Care Providers & Services - 1.3%
AMN Healthcare Services, Inc. *		2,792		109,028
BioTelemetry, Inc. *		1,316		44,020
Chemed Corp.		398		81,403
HealthEquity, Inc. *		606		30,197
Select Medical Holdings Corp. *		871		13,370
Tivity Health, Inc. *		1,829		72,886
Triple-S Management Corp., Class B *		1,350		22,828

				373,732

Health Care Technology - 0.1%
HMS Holdings Corp. *		1,573		29,101


Hotels, Restaurants & Leisure - 2.8%
Bloomin’ Brands, Inc.		1,971		41,844
Caesars Entertainment Corp. *(b)		2,664		31,968
Carrols Restaurant Group, Inc. *		724		8,869
Cheesecake Factory, Inc. (The)		1,108		55,733
Cracker Barrel Old Country Store, Inc.		424		70,914
Dave & Buster’s Entertainment, Inc. *		2,047		136,146
Eldorado Resorts, Inc. *		5,992		119,840
Intrawest Resorts Holdings, Inc. *		465		11,039
Jack in the Box, Inc.		685		67,473
Marcus Corp. (The)		776		23,435
Marriott Vacations Worldwide Corp.		1,017		119,752
Papa John’s International, Inc.		537		38,535
Ruth’s Hospitality Group, Inc.		1,008		21,924
Texas Roadhouse, Inc.		636		32,404

				779,876

Household Durables - 1.7%
Bassett Furniture Industries, Inc.		1,499		56,887
Flexsteel Industries, Inc.		1,365		73,860
Hooker Furniture Corp.		371		15,267
Installed Building Products, Inc. *		210		11,120
iRobot Corp. *		1,138		95,751
KB Home		2,196		52,638
La-Z-Boy, Inc.		1,426		46,345
LGI Homes, Inc. *(b)		652		26,197
NACCO Industries, Inc., Class A		824		58,380
TopBuild Corp. *		772		40,970
ZAGG, Inc. *		1,092		9,446

				486,861


Household Products - 0.2%
Central Garden & Pet Co., Class A *		1,772		53,195


INVESTMENTS	SHARES		VALUE ($)
Insurance - 4.9%
Ambac Financial Group, Inc. *		5,728		99,381
American Equity Investment Life Holding Co.		2,883		75,765
AMERISAFE, Inc.		400		22,780
Argo Group International Holdings Ltd.		1,281		77,629
CNO Financial Group, Inc.		4,914		102,604
Employers Holdings, Inc.		3,538		149,657
Enstar Group Ltd. *		107		21,256
FBL Financial Group, Inc., Class A		298		18,327
Federated National Holding Co.		484		7,744
Genworth Financial, Inc., Class A *		7,815		29,463
HCI Group, Inc. (b)		754		35,423
Heritage Insurance Holdings, Inc.		3,273		42,615
Horace Mann Educators Corp.		851		32,168
Infinity Property & Casualty Corp.		97		9,118
James River Group Holdings Ltd.		518		20,580
National General Holdings Corp.		765		16,142
National Western Life Group, Inc., Class A		139		44,427
Navigators Group, Inc. (The)		846		46,445
Primerica, Inc.		3,047		230,810
Selective Insurance Group, Inc.		1,957		97,948
United Fire Group, Inc.		768		33,838
United Insurance Holdings Corp.		840		13,213
Universal Insurance Holdings, Inc.		5,662		142,682

				1,370,015

Internet & Direct Marketing Retail - 0.6%
1-800-Flowers.com, Inc., Class A *		1,641		16,000
Nutrisystem, Inc.		2,415		125,701
PetMed Express, Inc. (b)		397		16,118

				157,819

Internet Software & Services - 1.7%
Blucora, Inc. *		2,571		54,505
Brightcove, Inc. *		1,501		9,306
Carbonite, Inc. *		676		14,737
GrubHub, Inc. *		1,102		48,047
j2 Global, Inc.		996		84,750
LogMeIn, Inc.		814		85,063
Meet Group, Inc. (The) *		13,048		65,892
NIC, Inc.		374		7,087
Stamps.com, Inc. *		575		89,053
TrueCar, Inc. *		1,308		26,069

				484,509

IT Services - 2.0%
CACI International, Inc., Class A *		279		34,889
Convergys Corp.		1,832		43,565
CSG Systems International, Inc.		656		26,620
Hackett Group, Inc. (The)		3,932		60,946
MAXIMUS, Inc.		240		15,031
NeuStar, Inc., Class A *		5,278		176,021
Science Applications International Corp.		1,223		84,901
Sykes Enterprises, Inc. *		2,747		92,107
TeleTech Holdings, Inc.		272		11,098

				545,178

Leisure Products - 1.1%
American Outdoor Brands Corp. *		4,765		105,592
Callaway Golf Co.		668		8,537
JAKKS Pacific, Inc. *		2,139		8,556


INVESTMENTS	SHARES		VALUE ($)
Leisure Products - 1.1% (continued)
Johnson Outdoors, Inc., Class A		2,942		141,834
MCBC Holdings, Inc. *		1,696		33,157
Nautilus, Inc. *		1,110		21,257

				318,933

Life Sciences Tools & Services - 0.5%
Cambrex Corp. *		2,234		133,482
PRA Health Sciences, Inc. *		244		18,302

				151,784

Machinery - 3.8%
Alamo Group, Inc.		854		77,552
Altra Industrial Motion Corp.		302		12,020
Astec Industries, Inc.		907		50,348
Barnes Group, Inc.		1,140		66,724
Douglas Dynamics, Inc.		285		9,376
Energy Recovery, Inc. *(b)		2,662		22,068
Federal Signal Corp.		721		12,516
FreightCar America, Inc.		460		7,999
Global Brass & Copper Holdings, Inc.		1,337		40,845
Greenbrier Cos., Inc. (The) (b)		2,523		116,689
Hillenbrand, Inc.		227		8,195
John Bean Technologies Corp.		342		33,516
Kadant, Inc.		399		30,005
Lydall, Inc. *		909		46,995
Meritor, Inc. *		8,477		140,803
Mueller Industries, Inc.		269		8,191
Spartan Motors, Inc.		6,781		60,012
Standex International Corp.		88		7,982
Supreme Industries, Inc., Class A		9,014		148,280
Wabash National Corp.		7,448		163,707

				1,063,823

Marine - 0.0% (a)
Matson, Inc.		320		9,613


Media - 0.7%
Gray Television, Inc. *		2,008		27,510
Meredith Corp.		1,258		74,788
MSG Networks, Inc., Class A *		1,725		38,726
Scholastic Corp.		1,000		43,590
Sinclair Broadcast Group, Inc., Class A		346		11,383

				195,997

Metals & Mining - 1.6%
AK Steel Holding Corp. *		3,958		26,004
Cliffs Natural Resources, Inc. *		18,837		130,352
Coeur Mining, Inc. *		1,480		12,698
Commercial Metals Co.		1,832		35,596
Hecla Mining Co.		3,653		18,630
Olympic Steel, Inc.		457		8,902
Ryerson Holding Corp. *		4,540		44,946
SunCoke Energy, Inc. *		3,085		33,627
Worthington Industries, Inc.		2,457		123,391

				434,146

Mortgage Real Estate Investment Trusts (REITs) - 1.3%
Apollo Commercial Real Estate Finance, Inc.		1,429		26,508
ARMOUR Residential REIT, Inc.		543		13,575
Capstead Mortgage Corp.		4,188		43,681


INVESTMENTS	SHARES		VALUE ($)
Mortgage Real Estate Investment Trusts (REITs) - 1.3% (continued)
CYS Investments, Inc.		4,773		40,141
Hannon Armstrong Sustainable Infrastructure Capital, Inc.		990		22,641
Invesco Mortgage Capital, Inc.		3,132		52,336
New Residential Investment Corp.		4,533		70,533
PennyMac Mortgage Investment Trust		2,166		39,616
Redwood Trust, Inc.		2,616		44,577

				353,608

Multiline Retail - 0.1%
Big Lots, Inc. (b)		563		27,193


Oil, Gas & Consumable Fuels - 0.5%
Jones Energy, Inc., Class A *		4,706		7,530
Renewable Energy Group, Inc. *		1,706		22,093
REX American Resources Corp. *		899		86,807
Tesoro Corp.		314		29,390
Westmoreland Coal Co. *		1,548		7,539

				153,359

Paper & Forest Products - 0.6%
Boise Cascade Co. *		594		18,057
Louisiana-Pacific Corp. *		5,156		124,311
Neenah Paper, Inc.		279		22,390
PH Glatfelter Co.		622		12,154

				176,912

Personal Products - 0.5%
Medifast, Inc.		218		9,040
Natural Health Trends Corp.		2,576		71,742
USANA Health Sciences, Inc. *		1,079		69,164

				149,946

Pharmaceuticals - 1.4%
Aerie Pharmaceuticals, Inc. *		416		21,861
Amphastar Pharmaceuticals, Inc. *		517		9,234
Corcept Therapeutics, Inc. *		7,978		94,140
Heska Corp. *		686		70,020
Lannett Co., Inc. *(b)		2,193		44,737
Phibro Animal Health Corp., Class A		510		18,895
SciClone Pharmaceuticals, Inc. *		4,520		49,720
Sucampo Pharmaceuticals, Inc., Class A *(b)		1,846		19,383
Supernus Pharmaceuticals, Inc. *		1,758		75,770

				403,760

Professional Services - 1.3%
Barrett Business Services, Inc.		1,247		71,441
CBIZ, Inc. *		559		8,385
ICF International, Inc. *		362		17,050
Insperity, Inc.		1,840		130,640
Kelly Services, Inc., Class A		1,182		26,536
Kforce, Inc.		544		10,662
Mistras Group, Inc. *		496		10,897
Navigant Consulting, Inc. *		492		9,722
On Assignment, Inc. *		248		13,429
RPX Corp. *		745		10,393
TrueBlue, Inc. *		1,922		50,933

				360,088


INVESTMENTS	SHARES		VALUE ($)
Real Estate Management & Development - 0.1%
Alexander & Baldwin, Inc.		361		14,938


Road & Rail - 0.8%
ArcBest Corp.		727		14,976
Marten Transport Ltd.		612		16,769
Saia, Inc. *		2,991		153,438
Swift Transportation Co. *		981		25,997

				211,180

Semiconductors & Semiconductor Equipment - 5.5%
Advanced Energy Industries, Inc. *		2,873		185,854
Advanced Micro Devices, Inc. *		10,678		133,261
Alpha & Omega Semiconductor Ltd. *		3,888		64,813
Ambarella, Inc. *(b)		895		43,452
Amkor Technology, Inc. *		14,675		143,375
Brooks Automation, Inc.		1,921		41,667
Cabot Microelectronics Corp.		1,094		80,770
Cirrus Logic, Inc. *		3,718		233,193
Entegris, Inc. *		4,311		94,626
Integrated Device Technology, Inc. *		2,021		52,122
MaxLinear, Inc. *		2,155		60,103
Microsemi Corp. *		2,351		110,027
MKS Instruments, Inc.		1,903		128,072
Monolithic Power Systems, Inc.		99		9,544
Nanometrics, Inc. *		280		7,081
Photronics, Inc. *		2,971		27,927
Power Integrations, Inc.		321		23,401
Rudolph Technologies, Inc. *		1,818		41,541
Silicon Laboratories, Inc. *		414		28,297
Synaptics, Inc. *		262		13,548

				1,522,674

Software - 1.7%
Aspen Technology, Inc. *		572		31,609
Barracuda Networks, Inc. *		948		21,861
Blackbaud, Inc.		104		8,918
Ebix, Inc. (b)		1,465		78,963
Ellie Mae, Inc. *		531		58,362
Fair Isaac Corp.		251		34,992
Gigamon, Inc. *		662		26,050
HubSpot, Inc. *		145		9,534
Mitek Systems, Inc. *		3,077		25,847
Paycom Software, Inc. *		705		48,229
Pegasystems, Inc.		452		26,374
Synchronoss Technologies, Inc. *		835		13,736
Take-Two Interactive Software, Inc. *		982		72,059
VASCO Data Security International, Inc. *		623		8,940

				465,474

Specialty Retail - 1.6%
Aaron’s, Inc.		1,812		70,487
American Eagle Outfitters, Inc.		2,416		29,113
Big 5 Sporting Goods Corp.		3,374		44,031
Build-A-Bear Workshop, Inc. *		842		8,799
Caleres, Inc.		1,613		44,809
Chico’s FAS, Inc.		1,414		13,320
Children’s Place, Inc. (The)		797		81,374
Citi Trends, Inc.		505		10,716
Express, Inc. *		1,284		8,667
Francesca’s Holdings Corp. *		2,027		22,175
Group 1 Automotive, Inc.		242		15,323


INVESTMENTS	SHARES		VALUE ($)
Specialty Retail - 1.6% (continued)
Haverty Furniture Cos., Inc.		511		12,826
Kirkland’s, Inc. *		986		10,136
Office Depot, Inc.		9,306		52,486
Select Comfort Corp. *		959		34,035

				458,297

Textiles, Apparel & Luxury Goods - 0.5%
Deckers Outdoor Corp. *		113		7,713
Movado Group, Inc.		2,135		53,909
Perry Ellis International, Inc. *		559		10,878
Vera Bradley, Inc. *		2,026		19,814
Wolverine World Wide, Inc.		1,583		44,340

				136,654

Thrifts & Mortgage Finance - 3.2%
Astoria Financial Corp.		1,178		23,737
BofI Holding, Inc. *(b)		5,039		119,525
Dime Community Bancshares, Inc.		398		7,801
Essent Group Ltd. *		744		27,632
Federal Agricultural Mortgage Corp., Class C		690		44,643
First Defiance Financial Corp.		718		37,824
Flagstar Bancorp, Inc. *		364		11,219
HomeStreet, Inc. *		961		26,596
Meta Financial Group, Inc.		1,161		103,329
MGIC Investment Corp. *		8,540		95,648
Oritani Financial Corp.		488		8,320
Provident Financial Services, Inc.		940		23,857
Radian Group, Inc.		8,455		138,239
United Financial Bancorp, Inc.		672		11,216
Walker & Dunlop, Inc. *		2,547		124,370
Washington Federal, Inc.		1,812		60,158
WSFS Financial Corp.		309		14,013

				878,127

Tobacco - 0.1%
Universal Corp.		169		10,934
Vector Group Ltd.		773		16,481

				27,415

Trading Companies & Distributors - 0.7%
Applied Industrial Technologies, Inc.		193		11,397
DXP Enterprises, Inc. *		230		7,935
GATX Corp. (b)		1,682		108,102
H&E Equipment Services, Inc.		1,663		33,942
Rush Enterprises, Inc., Class A *		992		36,882

				198,258

Water Utilities - 0.3%
SJW Group		1,447		71,163


Wireless Telecommunication Services - 0.1%
NII Holdings, Inc. *		2,598		2,089
Shenandoah Telecommunications Co.		760		23,332

				25,421

TOTAL COMMON STOCKS (Cost $21,905,195)				26,075,084


EXCHANGE TRADED FUND - 4.8%
iShares Russell 2000 Fund
(Cost $1,225,594)		9,402		1,324,930


INVESTMENTS	NO. OF RIGHTS		VALUE ($)
RIGHT - 0.0% (a)

Media - 0.0% (a)
Media General, Inc., CVR
(Cost $221) (3)*(c)		744		1,139


SHORT-TERM INVESTMENT - 1.2%	SHARES

Investment Company - 1.2%
Limited Purpose Cash Investment Fund, 0.81%
(Cost $343,730) (2)(d)		343,764		343,730


SECURITIES LENDING COLLATERAL - 3.4%

Investment Company - 3.4%
Investments in a Pooled Account through Securities Lending Program with Citibank NA
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84%
(Cost $939,335) (2)(d)(e)		939,335		939,335


	PRINCIPAL AMOUNT ($)
U.S. Treasury Obligation - 0.0% (a)
Investments in a Pooled Account through Securities Lending Program with Citibank NA U.S. Treasury Inflation Linked Note, 0.13%, 4/15/2019
(Cost $835) (2)(e)		800		835

TOTAL SECURITIES LENDING COLLATERAL (Cost $940,170)				940,170

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 103.1% (Cost $24,414,910)				28,685,053


LIABILITIES IN EXCESS OF OTHER ASSETS - (3.1)%				(871,026	)

NET ASSETS - 100.0%				27,814,027


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	4,341,129		15.6	%
Consumer Staples		939,575		3.4
Energy		251,893		0.9
Exchange Traded Fund		1,324,930		4.8
Financials		5,472,573		19.6
Health Care		2,409,622		8.7
Industrials		4,297,690		15.5
Information Technology		4,718,070		16.9
Materials		1,289,070		4.6
Real Estate		1,740,766		6.3
Telecommunication Services		168,595		0.6
Utilities		447,240		1.6
Short-Term Investment		343,730		1.2
Securities Lending Collateral		940,170		3.4

Total Investments In Securities At Value		28,685,053		103.1
Liabilities in Excess of Other Assets		(871,026)		(3.1)

Net Assets	$	27,814,027		100.0	%

All securities are United States companies, unless noted otherwise in parentheses.

*	Non-income producing security.

(a)	Represents less than 0.05% of net assets.

(b)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $913,190.

(c)	Security fair valued as of 6/30/2017 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at 6/30/2017 amounted to $1,139, which represents approximately 0.00% of net assets of the fund.

(d)	Represents 7-day effective yield as of 6/30/2017.

(e)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

All securities are Level 1 with respect to ASC 820, unless otherwise noted in parentheses.

(2)	Level 2 security (See Note 4).

(3)	Level 3 security (See Note 4).

Abbreviations

CVR - Contingent Value Rights


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 96.9%

Australia - 6.5%
Amcor Ltd.		10,220		127,318
Aristocrat Leisure Ltd.		98,551		1,708,574
Australia & New Zealand Banking Group Ltd.		6,673		147,284
BHP Billiton Ltd.		31,889		568,387
BHP Billiton plc		6,576		100,749
Caltex Australia Ltd.		11,896		288,874
CIMIC Group Ltd.		29,098		868,223
Coca-Cola Amatil Ltd.		35,369		250,984
Cochlear Ltd.		3,464		413,731
Commonwealth Bank of Australia		6,338		403,200
CSL Ltd.		4,834		513,031
Dexus, REIT		33,527		244,096
Fortescue Metals Group Ltd.		376,536		1,507,309
Goodman Group, REIT		30,886		186,668
GPT Group (The), REIT		19,876		73,104
Harvey Norman Holdings Ltd.		25,100		73,706
Macquarie Group Ltd.		5,407		367,697
Newcrest Mining Ltd.		56,460		876,246
Scentre Group, REIT		71,981		223,796
South32 Ltd.		504,480		1,038,980
Treasury Wine Estates Ltd.		62,484		631,835
Westpac Banking Corp.		8,476		198,457
Woodside Petroleum Ltd.		8,927		204,777

				11,017,026

Belgium - 1.2%
Ageas		17,982		724,156
Groupe Bruxelles Lambert SA		1,467		141,203
KBC Group NV		10,845		822,258
Umicore SA		4,215		293,200

				1,980,817

Canada - 8.5%
Agrium, Inc. (1)		1,305		118,273
Alimentation Couche-Tard, Inc., Class B (1)		7,864		376,948
Bank of Montreal (1)		8,976		659,080
Bank of Nova Scotia (The) (1)		20,419		1,228,321
Barrick Gold Corp. (1)		32,079		510,325
Brookfield Asset Management, Inc., Class A (1)		9,234		362,368
Canadian Imperial Bank of Commerce (1)		5,176		420,650
Canadian National Railway Co. (1)		15,402		1,249,690
Canadian Tire Corp. Ltd., Class A (1)		2,858		325,205
CCL Industries, Inc., Class B (1)		2,455		124,208
CGI Group, Inc., Class A (1)*		17,658		902,236
Constellation Software, Inc. (1)		288		150,665
Dollarama, Inc. (1)		1,471		140,555
Great-West Lifeco, Inc. (1)		2,283		61,881
Kinross Gold Corp. (1)*		58,422		237,418
Linamar Corp. (1)		1,968		97,004
Magna International, Inc. (1)		16,059		743,880
Open Text Corp. (1)		31,192		984,492
Royal Bank of Canada (1)		22,603		1,641,193
Saputo, Inc. (1)		21,252		676,006
Teck Resources Ltd., Class B (1)		76,071		1,318,689
Thomson Reuters Corp. (1)		3,340		154,637
Toronto-Dominion Bank (The) (1)		27,150		1,368,177


INVESTMENTS	SHARES		VALUE ($)
Canada - 8.5% (continued)
West Fraser Timber Co. Ltd. (1)		9,428		446,245

				14,298,146

China - 0.8%
BOC Hong Kong Holdings Ltd.		118,000		564,714
Yangzijiang Shipbuilding Holdings Ltd.		966,800		835,440

				1,400,154

Denmark - 2.0%
Danske Bank A/S		12,299		473,181
DSV A/S		8,024		492,867
Genmab A/S *		618		131,770
ISS A/S		8,807		345,949
TDC A/S		35,697		207,592
Vestas Wind Systems A/S		17,619		1,627,420

				3,278,779

Finland - 1.4%
Neste OYJ		39,123		1,543,832
Nokia OYJ		42,143		258,409
Orion OYJ, Class B		7,493		478,659
UPM-Kymmene OYJ		2,816		80,298

				2,361,198

France - 9.0%
Airbus SE		1,221		100,764
Atos SE		10,300		1,445,199
AXA SA		19,281		527,978
BNP Paribas SA		19,830		1,427,616
Bouygues SA		2,613		110,086
Christian Dior SE		596		170,419
Cie Generale des Etablissements Michelin		6,513		866,842
CNP Assurances		79,558		1,785,776
Eutelsat Communications SA		8,947		228,282
Gecina SA, REIT		483		75,811
Lagardere SCA		1,548		48,846
L’Oreal SA		1,040		216,855
Peugeot SA		64,664		1,288,731
Sanofi		19,310		1,850,284
Societe Generale SA		22,795		1,229,236
Sodexo SA		5,427		701,399
Thales SA		8,824		949,677
TOTAL SA		33,119		1,644,260
Unibail-Rodamco SE, REIT		333		83,908
Valeo SA		6,156		414,169

				15,166,138

Germany - 8.9%
adidas AG		5,496		1,053,851
Allianz SE (Registered)		8,033		1,585,250
BASF SE		3,159		293,184
Bayer AG (Registered)		12,073		1,564,784
Covestro AG (a)		25,906		1,878,031
Deutsche Lufthansa AG (Registered)		89,841		2,047,436
Deutsche Post AG (Registered)		7,039		264,232
Fresenius SE & Co. KGaA		2,780		238,671
Hannover Rueck SE		3,453		414,752
Henkel AG & Co. KGaA (Preference)		1,973		272,064
HOCHTIEF AG		489		89,770
Infineon Technologies AG		49,167		1,044,335


INVESTMENTS	SHARES		VALUE ($)
Germany - 8.9% (continued)
Linde AG		1,919		365,288
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (Registered)		5,143		1,040,701
SAP SE		6,543		684,865
Siemens AG (Registered)		13,983		1,923,417
Vonovia SE		3,353		133,403

				14,894,034

Hong Kong - 3.2%
Cheung Kong Property Holdings Ltd.		10,000		78,253
CK Hutchison Holdings Ltd.		9,500		119,221
CLP Holdings Ltd.		91,000		962,265
Hong Kong Exchanges & Clearing Ltd.		8,300		214,426
Kerry Properties Ltd.		26,500		89,978
Link REIT		13,000		98,892
NWS Holdings Ltd.		50,000		98,334
PCCW Ltd.		30,000		17,049
SJM Holdings Ltd.		347,000		365,624
Sun Hung Kai Properties Ltd.		30,000		440,705
WH Group Ltd. (a)		2,109,500		2,130,113
Wheelock & Co. Ltd.		28,000		211,193
Yue Yuen Industrial Holdings Ltd.		132,500		549,543

				5,375,596

Italy - 1.4%
Enel SpA		116,795		626,430
Leonardo SpA		61,535		1,024,543
Telecom Italia SpA *		766,358		709,013

				2,359,986

Japan - 20.0%
Acom Co. Ltd. *		16,500		75,525
AEON Financial Service Co. Ltd.		800		16,978
Amada Holdings Co. Ltd.		33,800		392,069
Asahi Glass Co. Ltd.		4,000		168,931
Asahi Kasei Corp.		95,000		1,024,890
Astellas Pharma, Inc.		34,300		420,405
Bandai Namco Holdings, Inc.		16,300		556,928
Brother Industries Ltd.		22,500		521,168
Credit Saison Co. Ltd.		2,900		56,785
Dai-ichi Life Holdings, Inc.		25,500		462,861
Daikin Industries Ltd.		1,100		112,851
Daiwa House Industry Co. Ltd.		4,400		150,593
DeNA Co. Ltd.		21,500		483,222
Fuji Electric Co. Ltd.		26,000		137,521
Fujitsu Ltd.		204,000		1,508,839
Hitachi Chemical Co. Ltd.		32,600		977,368
Hitachi High-Technologies Corp.		24,200		942,419
Hitachi Ltd.		40,000		246,628
Honda Motor Co. Ltd.		2,900		79,454
Hoya Corp.		2,100		109,329
Idemitsu Kosan Co. Ltd.		31,200		887,599
Iida Group Holdings Co. Ltd.		1,100		18,361
ITOCHU Corp.		65,300		972,247
Japan Real Estate Investment Corp., REIT		15		74,564
Japan Tobacco, Inc.		7,900		277,670
JTEKT Corp.		13,900		204,543
Kansai Electric Power Co., Inc. (The)		93,000		1,282,417
KDDI Corp.		17,300		457,544


INVESTMENTS	SHARES		VALUE ($)
Japan - 20.0% (continued)
Konami Holdings Corp.		28,200		1,569,773
Kuraray Co. Ltd.		12,200		222,150
Kyocera Corp.		1,300		75,557
Lion Corp.		4,800		99,561
Marubeni Corp.		103,700		671,836
Mitsubishi Chemical Holdings Corp.		12,100		100,814
Mitsubishi Electric Corp.		86,000		1,243,784
Mitsubishi Estate Co. Ltd.		9,000		168,235
Mitsubishi Gas Chemical Co., Inc.		57,900		1,229,761
Mitsubishi Tanabe Pharma Corp.		17,900		414,065
Mitsubishi UFJ Financial Group, Inc.		123,200		830,990
Mitsui Fudosan Co. Ltd.		7,000		167,710
Mixi, Inc.		6,400		356,155
Mizuho Financial Group, Inc.		253,400		464,602
MS&AD Insurance Group Holdings, Inc.		5,300		178,762
NH Foods Ltd.		26,000		790,923
Nippon Express Co. Ltd.		137,000		859,698
Nippon Telegraph & Telephone Corp.		56,800		2,681,193
Nomura Holdings, Inc.		62,300		375,697
Nomura Real Estate Holdings, Inc.		2,700		53,135
Nomura Real Estate Master Fund, Inc., REIT		65		88,834
NTT DOCOMO, Inc.		10,400		245,967
Omron Corp.		1,100		47,882
Otsuka Holdings Co. Ltd.		7,900		337,293
Recruit Holdings Co. Ltd.		4,500		77,445
Resona Holdings, Inc.		37,100		204,933
Sekisui House Ltd.		4,400		77,764
Shin-Etsu Chemical Co. Ltd.		8,800		800,913
Shionogi & Co. Ltd.		8,000		446,063
Sompo Holdings, Inc.		14,100		547,290
Sumitomo Corp.		25,200		328,612
Sumitomo Dainippon Pharma Co. Ltd.		33,700		460,001
Sumitomo Heavy Industries Ltd.		135,000		895,810
Sumitomo Mitsui Financial Group, Inc.		14,000		546,623
Suzuki Motor Corp.		27,000		1,286,225
T&D Holdings, Inc.		35,200		538,283
Tokio Marine Holdings, Inc.		3,000		124,840
Tokyo Electric Power Co. Holdings, Inc. *		102,000		421,092
Tokyo Electron Ltd.		3,100		419,098
Toyo Seikan Group Holdings Ltd.		5,000		84,644
Toyota Tsusho Corp.		1,600		48,105
Yokogawa Electric Corp.		33,000		531,080

				33,732,907

Netherlands - 4.1%
Aegon NV		113,329		580,008
Akzo Nobel NV		2,299		199,941
ING Groep NV		38,548		665,445
Koninklijke Philips NV		6,106		217,365
NN Group NV		31,476		1,116,865
Randstad Holding NV		3,125		182,191
Royal Dutch Shell plc, Class A		47,305		1,256,833
Royal Dutch Shell plc, Class B		35,605		955,867
Wolters Kluwer NV		40,127		1,697,090

				6,871,605

Singapore - 0.5%
CapitaLand Commercial Trust, REIT		42,100		50,740
DBS Group Holdings Ltd.		21,000		316,066


INVESTMENTS	SHARES		VALUE ($)
Singapore - 0.5% (continued)
Genting Singapore plc		398,600		314,043
SATS Ltd.		21,000		77,903
United Overseas Bank Ltd.		4,900		82,264

				841,016

South Africa - 0.6%
Investec plc		95,068		710,346
Mondi plc		13,262		347,753

				1,058,099

Spain - 3.6%
Aena SA (a)		12,640		2,468,269
Banco Santander SA		244,058		1,620,516
Endesa SA		12,688		292,694
Iberdrola SA		59,296		469,887
Industria de Diseno Textil SA		3,691		141,753
Mapfre SA		110,048		385,191
Repsol SA		42,883		657,443

				6,035,753

Sweden - 2.2%
Essity AB, Class B *		4,374		119,673
Investor AB, Class B		2,740		132,196
Nordea Bank AB		85,200		1,085,144
Sandvik AB		31,328		493,236
Securitas AB, Class B		35,210		593,869
Skanska AB, Class B		16,306		387,201
Svenska Cellulosa AB SCA, Class B		4,374		33,089
Swedbank AB, Class A		4,320		105,433
Swedish Match AB		1,210		42,629
Telefonaktiebolaget LM Ericsson, Class B		21,784		156,630
Volvo AB, Class B		36,143		616,370

				3,765,470

Switzerland - 8.6%
ABB Ltd. (Registered)		31,388		779,085
Adecco Group AG (Registered)		5,758		438,657
Baloise Holding AG (Registered)		3,966		614,332
Coca-Cola HBC AG *		14,323		421,225
Geberit AG (Registered)		478		223,207
Idorsia Ltd. *		1,005		18,970
Lonza Group AG (Registered) *		814		176,326
Nestle SA (Registered)		20,202		1,761,972
Novartis AG (Registered)		16,893		1,411,015
Roche Holding AG		10,530		2,690,572
SGS SA (Registered)		255		618,295
Sika AG		36		231,125
STMicroelectronics NV		27,367		393,525
Swiss Life Holding AG (Registered) *		2,494		843,651
Swiss Re AG		15,507		1,421,104
UBS Group AG (Registered) *		34,553		587,604
Zurich Insurance Group AG		6,103		1,781,154

				14,411,819

United Kingdom - 14.1%
3i Group plc		6,980		82,068
Anglo American plc *		34,585		462,046
Ashtead Group plc		19,007		393,305
AstraZeneca plc		3,670		245,830
Auto Trader Group plc (a)		46,417		229,827


INVESTMENTS	SHARES		VALUE ($)
United Kingdom - 14.1% (continued)
BAE Systems plc		19,261		159,005
Barclays plc		105,101		277,968
Barratt Developments plc		94,234		692,080
Berkeley Group Holdings plc		6,598		277,443
BP plc		114,815		662,732
British American Tobacco plc		19,051		1,298,191
British Land Co. plc (The), REIT		9,564		75,503
BT Group plc		349,249		1,342,948
Burberry Group plc		3,113		67,361
Centrica plc		331,709		864,849
Compass Group plc		41,206		869,753
Diageo plc		5,686		168,031
Dixons Carphone plc		54,683		202,145
Fiat Chrysler Automobiles NV *		124,284		1,313,007
GlaxoSmithKline plc		23,668		503,827
Hammerson plc, REIT		10,122		75,732
HSBC Holdings plc		310,411		2,881,225
Imperial Brands plc		10,124		454,944
J Sainsbury plc		132,823		435,668
Kingfisher plc		36,326		142,286
Land Securities Group plc, REIT		4,025		53,141
Legal & General Group plc		91,772		308,813
Lloyds Banking Group plc		455,519		392,555
London Stock Exchange Group plc		3,501		166,534
National Grid plc		24,234		300,271
Persimmon plc		42,836		1,251,090
Prudential plc		33,716		773,910
Reckitt Benckiser Group plc		6,067		615,031
RELX plc		7,916		171,120
Rio Tinto Ltd.		3,006		146,087
Royal Mail plc		6,552		35,942
Segro plc, REIT		68,409		436,023
Sky plc		10,586		137,101
Standard Chartered plc *		24,171		244,809
Taylor Wimpey plc		202,981		466,135
Unilever NV, CVA		19,725		1,088,855
Unilever plc		12,180		659,156
Vodafone Group plc		50,950		144,696
Wm Morrison Supermarkets plc		353,070		1,108,937
WPP plc		51,151		1,077,071

				23,755,051

United States - 0.3%
Shire plc		9,516		524,702

TOTAL COMMON STOCKS (Cost $140,380,600)				163,128,296


SHORT-TERM INVESTMENT - 3.4%

Investment Company - 3.4%
Limited Purpose Cash Investment Fund, 0.81%
(Cost $5,848,241) (b)		5,848,826		5,848,241

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 100.3% (Cost $146,228,841)				168,976,537


LIABILITIES IN EXCESS OF OTHER ASSETS - (0.3)% (c)				(586,625	)

NET ASSETS - 100.0%				168,389,912


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	17,746,631		10.5	%
Consumer Staples		13,930,361		8.3
Energy		8,102,216		4.8
Financials		39,563,561		23.5
Health Care		12,949,327		7.7
Industrials		27,812,634		16.5
Information Technology		12,952,003		7.7
Materials		15,711,640		9.3
Real Estate		3,334,016		2.0
Telecommunication Services		5,806,002		3.5
Utilities		5,219,905		3.1
Short-Term Investment		5,848,241		3.4

Total Investments In Securities At Value		168,976,537		100.3
Liabilities in Excess of Other Assets (c)		(586,625)		(0.3)

Net Assets	$	168,389,912		100.0	%

*	Non-income producing security.

(a)

Securities exempt from registration under Rule 144A or section 4(2), of the Securities Act of 1933. Under procedures approved by the Board of Trustees, such securities have been determined to be liquid by the investment adviser and may be resold, normally to qualified institutional buyers in transactions exempt from registration. Total value of all such securities at 6/30/2017 amounted to $6,706,240, which represents approximately 3.98% of net assets of the fund.

(b)	Represents 7-day effective yield as of 6/30/2017.

(c)	Includes appreciation/(depreciation) on futures contracts.

All securities are Level 2 with respect to ASC 820, unless otherwise noted in parentheses.

(1)	Level 1 security (See Note 4).

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 96.9%

Brazil - 6.2%
Banco Bradesco SA, ADR (1)*		277,339		2,357,381
Banco do Brasil SA (1)*		37,500		303,586
Banco Santander Brasil SA, ADR (1)		119,469		899,602
Braskem SA (Preference), Class A (1)		275,000		2,848,864
Centrais Eletricas Brasileiras SA (1)*		63,100		237,704
Centrais Eletricas Brasileiras SA (Preference), Class B (1)*		55,200		271,593
Cia de Saneamento Basico do Estado de Sao Paulo, ADR (1)*		93,081		886,131
Cia Paranaense de Energia, ADR (1)		7,456		54,727
Engie Brasil Energia SA (1)		11,000		113,722
Hypermarcas SA (1)		8,000		66,914
Itau Unibanco Holding SA, ADR (1)		238,223		2,632,364
Itausa - Investimentos Itau SA (Preference) (1)		461,000		1,255,160
JBS SA (1)		135,100		268,740
Kroton Educacional SA (1)		56,500		253,089
M Dias Branco SA (1)*		90,200		1,349,093
Natura Cosmeticos SA (1)		27,200		210,102
Petroleo Brasileiro SA (Preference) (1)*		85,800		321,922
Porto Seguro SA (1)*		12,100		111,836
Qualicorp SA (1)		200,600		1,746,902
Sul America SA (1)		141,385		757,519
TIM Participacoes SA, ADR (1)		146,497		2,168,156
Vale SA (Preference) (1)*		166,900		1,357,205

				20,472,312

Chile - 1.6%
Banco Santander Chile, ADR (1)		21,686		551,041
Cencosud SA (1)		541,855		1,442,335
Cia Cervecerias Unidas SA, ADR (1)(a)		18,815		493,706
Embotelladora Andina SA (Preference), Class B (1)		28,392		120,347
Empresas COPEC SA (1)		5,856		64,089
Enel Americas SA, ADR (1)		114,391		1,078,707
Enel Chile SA, ADR (1)		62,707		344,888
Latam Airlines Group SA, ADR (1)		51,311		568,013
Sociedad Quimica y Minera de Chile SA, ADR (1)		16,434		542,651

				5,205,777

China - 25.5%
58.com, Inc., ADR (1)*		5,066		223,461
Agricultural Bank of China Ltd., Class H *		3,398,000		1,605,958
Air China Ltd., Class H		970,000		999,825
Alibaba Group Holding Ltd., ADR (1)*		78,721		11,091,789
Anhui Conch Cement Co. Ltd., Class H		269,000		934,867
Baidu, Inc., ADR (1)*		18,474		3,304,260
Bank of China Ltd., Class H *		4,098,000		2,009,524
Bank of Communications Co. Ltd., Class H		95,000		67,020
China Cinda Asset Management Co. Ltd., Class H		855,000		318,652
China Communications Services Corp. Ltd., Class H		2,120,000		1,221,180
China Construction Bank Corp., Class H		6,795,000		5,284,107
China Everbright Bank Co. Ltd., Class H		1,242,000		580,387
China Evergrande Group *(a)		786,000		1,410,100
China Galaxy Securities Co. Ltd., Class H		77,000		69,021


INVESTMENTS	SHARES		VALUE ($)
China - 25.5% (continued)
China Huarong Asset Management Co. Ltd., Class H (a)(b)		421,000		163,277
China Merchants Bank Co. Ltd., Class H		621,000		1,871,310
China Minsheng Banking Corp. Ltd., Class H		267,500		266,806
China Mobile Ltd.		555,975		5,894,338
China Overseas Land & Investment Ltd.		400,000		1,170,630
China Petroleum & Chemical Corp., Class H		2,206,000		1,727,302
China Resources Land Ltd.		302,000		879,806
China Resources Power Holdings Co. Ltd.		234,000		459,335
China Shenhua Energy Co. Ltd., Class H		353,500		786,493
China Southern Airlines Co. Ltd., Class H *		1,116,000		943,204
China Telecom Corp. Ltd., Class H		286,000		135,811
China Vanke Co. Ltd., Class H *		373,700		1,057,039
Chongqing Rural Commercial Bank Co. Ltd., Class H		1,443,000		973,194
CNOOC Ltd., ADR (1)		5,948		650,771
Country Garden Holdings Co. Ltd.		1,935,000		2,244,558
CSPC Pharmaceutical Group Ltd.		598,000		873,445
Ctrip.com International Ltd., ADR (1)*		22,693		1,222,245
Far East Horizon Ltd.		272,000		237,286
Geely Automobile Holdings Ltd.		2,995,000		6,455,104
Great Wall Motor Co. Ltd., Class H		692,500		854,638
Haitian International Holdings Ltd.		46,000		128,921
Huaneng Renewables Corp. Ltd., Class H		156,000		48,121
Industrial & Commercial Bank of China Ltd., Class H *		5,453,000		3,680,135
JD.com, Inc., ADR (1)*		46,823		1,836,398
Jiangxi Copper Co. Ltd., Class H		30,000		49,232
NetEase, Inc., ADR (1)		5,427		1,631,519
New Oriental Education & Technology Group, Inc., ADR (1)*		8,807		620,805
Ping An Insurance Group Co. of China Ltd., Class H		90,500		596,160
SINA Corp. (1)*		4,017		341,324
Sinopec Engineering Group Co. Ltd., Class H		675,500		608,574
Sinopec Shanghai Petrochemical Co. Ltd., Class H		3,182,000		1,702,797
Sinopharm Group Co. Ltd., Class H *		58,800		265,653
Sinotrans Ltd., Class H		1,454,000		744,979
Sunny Optical Technology Group Co. Ltd.		20,000		179,101
TAL Education Group, ADR (1)		2,976		363,995
Tencent Holdings Ltd.		249,400		8,947,215
TravelSky Technology Ltd., Class H		634,000		1,867,449
Vipshop Holdings Ltd., ADR (1)*		27,558		290,737
Weibo Corp., ADR (1)*		402		26,701
Weichai Power Co. Ltd., Class H		2,322,000		2,029,181

				83,945,740

Hong Kong - 1.4%
Haier Electronics Group Co. Ltd. *		293,000		761,772
Nine Dragons Paper Holdings Ltd.		2,095,000		2,789,888
Sun Art Retail Group Ltd.		1,275,500		1,015,303

				4,566,963


INVESTMENTS	SHARES		VALUE ($)
Hungary - 0.4%
MOL Hungarian Oil & Gas plc		7,424		583,098
Richter Gedeon Nyrt		33,207		868,145

				1,451,243

India - 7.8%
Axis Bank Ltd., GDR		10,001		398,351
Dr Reddy’s Laboratories Ltd., ADR (1)		69,636		2,934,461
ICICI Bank Ltd., ADR (1)		446,355		4,003,802
Infosys Ltd., ADR (1)		525,254		7,889,315
Larsen & Toubro Ltd., GDR		5,923		152,890
Reliance Industries Ltd., GDR *(b)		3,625		154,786
Reliance Industries Ltd., GDR (LSE) *(b)		39,703		1,682,401
State Bank of India, GDR		20,541		873,278
Tata Motors Ltd., ADR (1)		175,758		5,801,772
Wipro Ltd., ADR (1)(a)		363,422		1,889,794

				25,780,850

Indonesia - 3.0%
Adaro Energy Tbk. PT		6,743,000		797,763
Bank Rakyat Indonesia Persero Tbk. PT		1,236,200		1,410,546
Gudang Garam Tbk. PT *		200,500		1,178,959
Indofood CBP Sukses Makmur Tbk. PT		220,500		145,711
Indofood Sukses Makmur Tbk. PT		908,900		586,857
Telekomunikasi Indonesia Persero Tbk. PT		12,999,800		4,414,622
United Tractors Tbk. PT		478,300		984,440
Waskita Karya Persero Tbk. PT		1,616,800		280,952

				9,799,850

Malaysia - 2.8%
AirAsia Bhd.		3,588,008		2,716,328
CIMB Group Holdings Bhd.		76,600		117,410
Genting Bhd.		600,900		1,317,223
Genting Malaysia Bhd.		871,300		1,116,225
Malayan Banking Bhd.		347,000		778,358
MISC Bhd.		81,700		142,100
Petronas Chemicals Group Bhd.		122,900		203,255
Public Bank Bhd.		287,300		1,359,810
Sime Darby Bhd.		106,700		236,129
Tenaga Nasional Bhd.		351,000		1,156,393

				9,143,231

Mexico - 4.0%
America Movil SAB de CV, Class L, ADR (1)		168,816		2,687,551
Arca Continental SAB de CV (1)		139,800		1,050,613
Cemex SAB de CV, ADR (1)*		26,795		252,409
Coca-Cola Femsa SAB de CV, ADR (1)		5,792		490,409
Fomento Economico Mexicano SAB de CV, ADR (1)		7,977		784,458
Gentera SAB de CV (1)		258,600		387,998
Gruma SAB de CV, Class B (1)		106,030		1,382,750
Grupo Aeroportuario del Pacifico SAB de CV, Class B (1)		137,600		1,549,642
Grupo Aeroportuario del Sureste SAB de CV, ADR (1)		4,666		981,726
Grupo Financiero Banorte SAB de CV, Class O (1)		206,800		1,314,837
Grupo Financiero Santander Mexico SAB de CV, Class B, ADR (1)		13,393		129,109


INVESTMENTS	SHARES		VALUE ($)
Mexico - 4.0% (continued)
Grupo Lala SAB de CV (1)		133,200		243,960
Grupo Mexico SAB de CV, Series B (1)		337,200		948,870
Grupo Televisa SAB, ADR (1)		5,207		126,895
Industrias Penoles SAB de CV (1)		7,570		170,818
Kimberly-Clark de Mexico SAB de CV, Class A (1)		59,300		125,470
Mexichem SAB de CV (1)		170,300		457,167
OHL Mexico SAB de CV (1)		124,100		179,154

				13,263,836

Peru - 0.3%
Credicorp Ltd. (1)		4,593		823,938


Philippines - 0.8%
Ayala Corp.		14,440		243,397
Bank of the Philippine Islands		77,040		158,814
BDO Unibank, Inc.		138,190		339,717
Globe Telecom, Inc.		13,255		538,059
International Container Terminal Services, Inc.		96,200		186,341
JG Summit Holdings, Inc. *		237,870		381,745
Jollibee Foods Corp.		29,250		118,183
Security Bank Corp.		55,790		239,904
SM Investments Corp.		30,795		489,604

				2,695,764

Poland - 1.8%
Bank Zachodni WBK SA		2,488		229,714
Eurocash SA		28,695		240,048
Grupa Lotos SA *		20,909		287,887
Jastrzebska Spolka Weglowa SA *		9,088		181,408
KGHM Polska Miedz SA		1,565		46,681
Polski Koncern Naftowy ORLEN SA		128,134		3,870,397
Polskie Gornictwo Naftowe i Gazownictwo SA		381,369		650,644
Tauron Polska Energia SA *		260,684		251,857

				5,758,636

Russia - 2.9%
Gazprom PJSC, ADR (1)		400,359		1,595,431
LUKOIL PJSC, ADR		28,399		1,384,202
Mobile TeleSystems PJSC, ADR (1)		243,436		2,039,994
Novatek PJSC, GDR		5,992		668,292
Rosneft Oil Co. PJSC, GDR		78,075		424,803
Severstal PJSC, GDR		92,270		1,209,566
Surgutneftegas OJSC, ADR (1)		101,167		434,006
Tatneft PJSC, ADR		44,848		1,690,800

				9,447,094

South Africa - 6.0%
Bid Corp. Ltd.		21,970		501,868
Bidvest Group Ltd. (The)		201,357		2,424,820
Brait SE *		7,397		34,202
Capitec Bank Holdings Ltd.		13,233		839,545
Coronation Fund Managers Ltd.		11,997		59,789
Exxaro Resources Ltd.		164,682		1,170,013
FirstRand Ltd.		257,506		928,651
Foschini Group Ltd. (The)		107,510		1,128,214
Gold Fields Ltd., ADR (1)		88,350		307,458
Hyprop Investments Ltd., REIT		38,246		341,265
Imperial Holdings Ltd.		94,498		1,160,268


INVESTMENTS	SHARES		VALUE ($)
South Africa - 6.0% (continued)
Investec Ltd.		87,341		643,746
Massmart Holdings Ltd.		29,875		241,223
Mondi Ltd.		28,797		745,800
Naspers Ltd., Class N		15,593		3,070,774
Nedbank Group Ltd.		3,875		61,873
Pick n Pay Stores Ltd.		65,147		293,660
Redefine Properties Ltd., REIT		425,319		342,048
Remgro Ltd.		32,110		523,792
Resilient REIT Ltd.		74,141		690,429
RMB Holdings Ltd.		55,387		248,829
Sanlam Ltd.		41,311		204,608
Sappi Ltd.		36,213		240,990
Sibanye Gold Ltd., ADR (1)		41,400		191,682
Standard Bank Group Ltd.		133,057		1,465,311
Telkom SA SOC Ltd.		128,786		605,807
Tiger Brands Ltd.		16,092		452,435
Truworths International Ltd.		113,622		620,744

				19,539,844

South Korea - 15.7%
AMOREPACIFIC Group		2,555		290,340
DGB Financial Group, Inc.		13,816		142,439
Dongbu Insurance Co. Ltd.		6,802		404,229
Hana Financial Group, Inc.		5,895		232,808
Hankook Tire Co. Ltd.		8,718		484,604
Hanwha Chemical Corp.		12,119		319,804
Hanwha Corp.		39,954		1,655,738
Hanwha Life Insurance Co. Ltd.		17,163		104,370
Hyundai Construction Equipment Co. Ltd. *		265		79,675
Hyundai Electric & Energy System Co. Ltd. *		275		74,870
Hyundai Engineering & Construction Co. Ltd.		16,195		652,435
Hyundai Heavy Industries Co. Ltd. *		7,409		1,145,503
Hyundai Marine & Fire Insurance Co. Ltd.		75,938		2,611,890
Hyundai Robotics Co. Ltd. *		1,119		378,004
KB Financial Group, Inc.		20,061		1,012,885
Korea Electric Power Corp.		3,028		107,977
Korean Air Lines Co. Ltd. *		3,351		113,336
KT Corp.		8,103		231,037
LG Electronics, Inc.		688		48,267
LG Uplus Corp.		169,346		2,309,495
Lotte Chemical Corp.		10,539		3,171,993
POSCO		2,272		569,118
Posco Daewoo Corp.		31,554		615,218
S-1 Corp.		2,690		228,074
Samsung Electronics Co. Ltd.		9,836		20,486,636
Shinhan Financial Group Co. Ltd.		4,160		179,484
SK Hynix, Inc.		114,818		6,760,452
SK Innovation Co. Ltd.		22,292		3,087,362
SK Telecom Co. Ltd.		8,162		1,897,905
Woori Bank		126,902		2,044,250

				51,440,198

Taiwan - 12.4%
Casetek Holdings Ltd.		82,000		274,724
Catcher Technology Co. Ltd.		85,000		1,013,067
Cathay Financial Holding Co. Ltd. *		353,000		581,048
Chailease Holding Co. Ltd.		125,000		348,196


INVESTMENTS	SHARES		VALUE ($)
Taiwan - 12.4% (continued)
China Airlines Ltd.		355,000		107,689
China Life Insurance Co. Ltd.		2,286,192		2,279,063
CTBC Financial Holding Co. Ltd. *		789,480		517,477
E.Sun Financial Holding Co. Ltd.		521,400		320,421
Eva Airways Corp.		463,550		229,306
Far EasTone Telecommunications Co. Ltd.		81,000		206,305
Feng TAY Enterprise Co. Ltd.		33,180		146,627
First Financial Holding Co. Ltd.		967,000		646,602
Formosa Chemicals & Fibre Corp.		164,000		514,499
Formosa Petrochemical Corp.		80,000		275,908
Foxconn Technology Co. Ltd.		323,582		975,953
Fubon Financial Holding Co. Ltd. *		764,000		1,215,764
Hon Hai Precision Industry Co. Ltd.		1,490,545		5,729,642
Innolux Corp.		1,338,000		698,592
Inventec Corp.		124,000		100,993
Largan Precision Co. Ltd.		5,000		796,073
Lite-On Technology Corp.		773,533		1,269,696
Mega Financial Holding Co. Ltd.		623,000		517,904
Micro-Star International Co. Ltd. *		35,000		81,242
Nien Made Enterprise Co. Ltd.		73,000		809,500
Pegatron Corp.		499,000		1,560,978
Phison Electronics Corp.		81,000		1,000,661
Pou Chen Corp.		701,000		969,378
Powertech Technology, Inc. *		614,000		1,894,037
Realtek Semiconductor Corp.		449,000		1,614,975
Shin Kong Financial Holding Co. Ltd.		924,000		245,776
Taishin Financial Holding Co. Ltd.		533,640		242,852
Taiwan Semiconductor Manufacturing Co. Ltd., ADR (1)		307,706		10,757,402
Uni-President Enterprises Corp.		379,000		759,642
United Microelectronics Corp.		1,081,000		524,654
Wistron Corp.		1,447,575		1,471,472
WPG Holdings Ltd.		109,000		145,409
Yuanta Financial Holding Co. Ltd.		110,000		48,464

				40,891,991

Thailand - 2.4%
Charoen Pokphand Foods PCL, NVDR		2,658,900		1,939,975
Home Product Center PCL, NVDR		582,300		164,425
Krung Thai Bank PCL, NVDR		1,167,800		645,770
PTT Exploration & Production PCL, NVDR		91,900		233,066
PTT Global Chemical PCL, NVDR		616,000		1,241,397
PTT PCL, NVDR		102,100		1,111,116
Robinson PCL, NVDR		69,100		118,407
Siam Cement PCL (The), NVDR		8,300		123,098
Siam Commercial Bank PCL (The), NVDR		59,400		271,572
Thai Oil PCL, NVDR		693,700		1,612,520
Thai Union Group PCL, NVDR		910,896		565,695

				8,027,041

Turkey - 1.6%
Akbank TAS		53,757		149,736
Arcelik A/S		262,089		1,940,749
KOC Holding A/S		160,995		740,133
Turkiye Garanti Bankasi A/S		30,394		84,597
Turkiye Is Bankasi, Class C		574,867		1,217,278
Turkiye Sise ve Cam Fabrikalari A/S		569,686		744,793
Turkiye Vakiflar Bankasi TAO, Class D		157,111		288,879


INVESTMENTS	SHARES		VALUE ($)
Turkey - 1.6% (continued)
Yapi ve Kredi Bankasi A/S *		37,565		47,925

				5,214,090

United States - 0.3%
Yum China Holdings, Inc. (1)*		27,400		1,080,382

TOTAL COMMON STOCKS (Cost $252,138,722)				318,548,780


SHORT-TERM INVESTMENT - 2.5%

Investment Company - 2.5%
Limited Purpose Cash Investment Fund, 0.81% (Cost $8,129,336) (c)		8,130,149		8,129,336


SECURITIES LENDING COLLATERAL - 1.0%

Investment Company - 1.0%
Investments in a Pooled Account through Securities Lending Program with Citibank NA
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84% (Cost $3,333,556) (c)(d)		3,333,556		3,333,556

TOTAL INVESTMENTS IN SECURITIES AT VALUE -100.4% (Cost $263,601,614)				330,011,672

LIABILITIES IN EXCESS OF OTHER ASSETS - (0.4)% (e)				(1,164,478	)

NET ASSETS - 100.0%				328,847,194


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	32,881,419		10.0	%
Consumer Staples		16,173,699		4.9
Energy		26,249,511		8.0
Financials		60,812,336		18.5
Health Care		6,755,520		2.1
Industrials		22,130,898		6.7
Information Technology		94,926,589		28.9
Materials		21,121,518		6.4
Real Estate		8,135,875		2.5
Telecommunication Services		24,350,259		7.4
Utilities		5,011,156		1.5
Short-Term Investment		8,129,336		2.5
Securities Lending Collateral		3,333,556		1.0

Total Investments In Securities At Value		330,011,672		100.4
Liabilities in Excess of Other Assets (e)		(1,164,478)		(0.4)

Net Assets	$	328,847,194		100.0	%

*	Non-income producing security.

(a)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $3,113,973.

(b)

Securities exempt from registration under Rule 144A or section 4(2), of the Securities Act of 1933. Under procedures approved by the Board of Trustees, such securities have been determined to be liquid by the investment adviser and may be resold, normally to qualified institutional buyers in transactions exempt from registration. Total value of all such securities at 6/30/2017 amounted to $2,000,464, which represents approximately 0.61% of net assets of the fund.

(c)	Represents 7-day effective yield as of 6/30/2017.

(d)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

(e)	Includes appreciation/(depreciation) on futures contracts.

All securities are Level 2 with respect to ASC 820, unless otherwise noted in parentheses.

(1)	Level 1 security (See Note 4).

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 97.2%

Aerospace & Defense - 3.5%
Boeing Co. (The)		36,814		7,279,969
BWX Technologies, Inc.		15,551		758,111
General Dynamics Corp.		18,422		3,649,398
Huntington Ingalls Industries, Inc.		8,196		1,525,767
L3 Technologies, Inc.		4,366		729,471
Lockheed Martin Corp.		25,859		7,178,717
Northrop Grumman Corp.		20,520		5,267,689
Orbital ATK, Inc.		8,225		809,011
Raytheon Co.		26,099		4,214,467
TransDigm Group, Inc.		5,356		1,440,068
United Technologies Corp.		2,304		281,341

				33,134,009

Air Freight & Logistics - 0.2%
CH Robinson Worldwide, Inc.		6,166		423,481
FedEx Corp.		7,153		1,554,561

				1,978,042

Airlines - 0.5%
Alaska Air Group, Inc.		13,626		1,223,070
American Airlines Group, Inc.		5,593		281,440
Copa Holdings SA, Class A (Panama)		5,645		660,465
JetBlue Airways Corp. *		19,424		443,450
Southwest Airlines Co.		15,648		972,367
United Continental Holdings, Inc. *		9,618		723,754

				4,304,546

Auto Components - 0.3%
Delphi Automotive plc		5,599		490,752
Gentex Corp.		26,000		493,220
Goodyear Tire & Rubber Co. (The)		23,409		818,379
Lear Corp.		5,514		783,429

				2,585,780

Automobiles - 0.3%
Harley-Davidson, Inc.		7,387		399,046
Tesla, Inc. *		2,945		1,064,941
Thor Industries, Inc.		11,293		1,180,344

				2,644,331

Banks - 12.5%
Bank of America Corp.		903,139		21,910,152
Bank of Hawaii Corp.		12,152		1,008,251
BankUnited, Inc.		13,348		449,961
BB&T Corp.		7,374		334,853
Citigroup, Inc.		208,203		13,924,617
Citizens Financial Group, Inc.		153,757		5,486,050
Comerica, Inc.		57,966		4,245,430
Commerce Bancshares, Inc.		20,473		1,163,481
Cullen/Frost Bankers, Inc.		15,799		1,483,684
East West Bancorp, Inc.		31,001		1,816,039
Fifth Third Bancorp		115,783		3,005,727
First Horizon National Corp.		21,787		379,530
First Republic Bank		16,043		1,605,904
Huntington Bancshares, Inc.		180,426		2,439,359
JPMorgan Chase & Co.		302,249		27,625,559
KeyCorp		192,031		3,598,661
M&T Bank Corp.		2,884		467,064
PacWest Bancorp		8,785		410,259


INVESTMENTS	SHARES		VALUE ($)
Banks - 12.5% (continued)
People’s United Financial, Inc.		17,621		311,187
PNC Financial Services Group, Inc. (The)		19,400		2,422,478
Popular, Inc.		33,169		1,383,479
Regions Financial Corp.		352,267		5,157,189
SunTrust Banks, Inc.		46,257		2,623,697
SVB Financial Group *		18,193		3,198,147
TCF Financial Corp.		75,808		1,208,379
US Bancorp		69,986		3,633,673
Western Alliance Bancorp *		45,363		2,231,860
Zions Bancorp		102,701		4,509,601

				118,034,271

Beverages - 0.3%
Constellation Brands, Inc., Class A		7,853		1,521,362
Molson Coors Brewing Co., Class B		5,816		502,153
Monster Beverage Corp. *		9,501		472,010

				2,495,525

Biotechnology - 1.1%
AbbVie, Inc.		16,938		1,228,175
ACADIA Pharmaceuticals, Inc. *(a)		29,525		823,452
Alkermes plc *		6,656		385,848
Celgene Corp. *		20,897		2,713,894
Incyte Corp. *		24,334		3,063,894
Seattle Genetics, Inc. *		21,318		1,102,993
Vertex Pharmaceuticals, Inc. *		5,128		660,845

				9,979,101

Building Products - 1.0%
Allegion plc		8,013		650,015
AO Smith Corp.		42,651		2,402,531
Fortune Brands Home & Security, Inc.		36,410		2,375,388
Johnson Controls International plc		11,947		518,022
Lennox International, Inc.		5,769		1,059,419
Masco Corp.		39,122		1,494,852
Owens Corning		12,800		856,576
USG Corp. *		14,608		423,924

				9,780,727

Capital Markets - 4.8%
Ameriprise Financial, Inc.		3,708		471,991
Charles Schwab Corp. (The)		131,430		5,646,233
CME Group, Inc.		29,290		3,668,280
ETRADE Financial Corp.		50,633		1,925,573
FactSet Research Systems, Inc.		2,228		370,249
Goldman Sachs Group, Inc. (The)		37,639		8,352,094
Interactive Brokers Group, Inc., Class A		41,795		1,563,969
Intercontinental Exchange, Inc.		41,291		2,721,903
LPL Financial Holdings, Inc.		14,621		620,808
MarketAxess Holdings, Inc.		6,866		1,380,753
Morgan Stanley		202,702		9,032,401
Morningstar, Inc.		7,785		609,877
MSCI, Inc.		14,254		1,468,019
Nasdaq, Inc.		18,693		1,336,362
Raymond James Financial, Inc.		15,267		1,224,719
S&P Global, Inc.		16,289		2,378,031
State Street Corp.		23,195		2,081,287
Thomson Reuters Corp. (Canada)		8,785		406,658

				45,259,207


INVESTMENTS	SHARES		VALUE ($)
Chemicals - 1.1%
Albemarle Corp.		18,805		1,984,680
Celanese Corp., Series A		5,170		490,840
Dow Chemical Co. (The)		83,956		5,295,105
FMC Corp.		11,809		862,647
International Flavors & Fragrances, Inc.		5,004		675,540
NewMarket Corp.		1,600		736,768
Sherwin-Williams Co. (The)		1,605		563,291

				10,608,871

Commercial Services & Supplies - 1.0%
Cintas Corp.		23,846		3,005,550
Copart, Inc. *		34,368		1,092,559
Republic Services, Inc.		22,714		1,447,563
Rollins, Inc.		21,305		867,326
Waste Management, Inc.		36,120		2,649,402

				9,062,400

Communications Equipment - 1.4%
Arista Networks, Inc. *		16,047		2,403,680
Cisco Systems, Inc.		237,601		7,436,911
CommScope Holding Co., Inc. *		23,044		876,364
F5 Networks, Inc. *		3,403		432,385
Harris Corp.		8,866		967,103
Motorola Solutions, Inc.		11,008		954,834

				13,071,277

Construction & Engineering - 0.1%
Quanta Services, Inc. *		15,443		508,384


Construction Materials - 0.4%
Eagle Materials, Inc.		4,574		422,729
Martin Marietta Materials, Inc.		7,530		1,676,027
Vulcan Materials Co.		11,442		1,449,473

				3,548,229

Consumer Finance - 0.7%
American Express Co.		37,138		3,128,505
Credit Acceptance Corp. *		2,491		640,536
Discover Financial Services		18,245		1,134,656
Navient Corp.		60,001		999,017
SLM Corp. *		95,312		1,096,088

				6,998,802

Containers & Packaging - 0.4%
Avery Dennison Corp.		6,491		573,610
Ball Corp.		7,790		328,816
Bemis Co., Inc.		6,149		284,391
Berry Global Group, Inc. *		15,470		881,945
International Paper Co.		12,083		684,018
Packaging Corp. of America		5,028		560,069
Sealed Air Corp.		10,067		450,599
WestRock Co.		6,631		375,712

				4,139,160

Distributors - 0.2%
Genuine Parts Co.		13,724		1,273,038
LKQ Corp. *		31,969		1,053,379

				2,326,417


INVESTMENTS	SHARES		VALUE ($)
Diversified Consumer Services - 0.2%
Graham Holdings Co., Class B		737		441,942
Service Corp. International		15,037		502,988
ServiceMaster Global Holdings, Inc. *		20,653		809,391

				1,754,321

Diversified Financial Services - 0.2%
Berkshire Hathaway, Inc., Class B *		8,984		1,521,620
Leucadia National Corp.		17,814		466,014

				1,987,634

Diversified Telecommunication Services - 0.1%
AT&T, Inc.		7,121		268,675
Zayo Group Holdings, Inc. *		13,596		420,117

				688,792

Electric Utilities - 0.1%
Alliant Energy Corp.		13,920		559,166
Exelon Corp.		7,543		272,076

				831,242

Electrical Equipment - 0.4%
Acuity Brands, Inc.		4,633		941,796
Eaton Corp. plc		24,099		1,875,625
Rockwell Automation, Inc.		4,228		684,767

				3,502,188

Electronic Equipment, Instruments & Components - 1.0%
Amphenol Corp., Class A		21,046		1,553,616
Arrow Electronics, Inc. *		8,600		674,412
CDW Corp.		25,023		1,564,688
Cognex Corp.		15,647		1,328,430
Corning, Inc.		86,142		2,588,567
Dolby Laboratories, Inc., Class A		9,601		470,065
IPG Photonics Corp. *		5,942		862,184
Trimble, Inc. *		21,559		769,010

				9,810,972

Energy Equipment & Services - 0.6%
Halliburton Co.		38,663		1,651,297
Nabors Industries Ltd.		59,507		484,387
Patterson-UTI Energy, Inc.		67,274		1,358,262
RPC, Inc. (a)		107,480		2,172,171

				5,666,117

Equity Real Estate Investment Trusts (REITs) - 2.0%
Alexandria Real Estate Equities, Inc.		5,032		606,205
American Campus Communities, Inc.		17,105		809,066
American Homes 4 Rent, Class A		20,868		470,991
Apartment Investment & Management Co., Class A		28,032		1,204,535
Camden Property Trust		6,766		578,561
CyrusOne, Inc.		15,049		838,982
Digital Realty Trust, Inc.		20,898		2,360,429
Duke Realty Corp.		33,046		923,636
EPR Properties		6,107		438,910
Equinix, Inc.		1,752		751,888
Equity LifeStyle Properties, Inc.		23,643		2,041,336
Healthcare Trust of America, Inc., Class A		29,525		918,523


INVESTMENTS	SHARES		VALUE ($)
Equity Real Estate Investment Trusts (REITs) - 2.0% (continued)
Iron Mountain, Inc.		15,359		527,735
Lamar Advertising Co., Class A		12,300		904,911
National Retail Properties, Inc.		21,601		844,599
Omega Healthcare Investors, Inc.		11,537		380,952
Prologis, Inc.		18,408		1,079,445
Realty Income Corp.		5,871		323,962
Senior Housing Properties Trust		30,976		633,149
STORE Capital Corp.		16,605		372,782
Uniti Group, Inc.		32,986		829,268
Ventas, Inc.		5,687		395,133
VEREIT, Inc.		55,933		455,295

				18,690,293

Food & Staples Retailing - 0.2%
Sysco Corp.		32,837		1,652,686


Food Products - 0.7%
Blue Buffalo Pet Products, Inc. *		19,021		433,869
Conagra Brands, Inc.		28,472		1,018,159
Ingredion, Inc.		10,448		1,245,506
Kraft Heinz Co. (The)		13,085		1,120,600
Lamb Weston Holdings, Inc.		9,490		417,940
Pilgrim’s Pride Corp. *		18,200		398,944
Pinnacle Foods, Inc.		20,716		1,230,530
Post Holdings, Inc. *		3,462		268,824
Tyson Foods, Inc., Class A		11,062		692,813

				6,827,185

Health Care Equipment & Supplies - 2.5%
ABIOMED, Inc. *		3,696		529,637
Align Technology, Inc. *		13,852		2,079,462
Baxter International, Inc.		42,790		2,590,507
Becton Dickinson and Co.		5,317		1,037,400
Boston Scientific Corp. *		137,576		3,813,607
Cooper Cos., Inc. (The)		5,006		1,198,536
Danaher Corp.		20,037		1,690,922
DexCom, Inc. *		12,332		902,086
Edwards Lifesciences Corp. *		4,398		520,019
Hologic, Inc. *		16,786		761,749
IDEXX Laboratories, Inc. *		14,528		2,345,110
Intuitive Surgical, Inc. *		1,973		1,845,485
ResMed, Inc.		10,915		849,951
Stryker Corp.		9,114		1,264,841
Teleflex, Inc.		6,118		1,271,076
Zimmer Biomet Holdings, Inc.		4,123		529,393

				23,229,781

Health Care Providers & Services - 2.3%
Aetna, Inc.		4,112		624,325
Henry Schein, Inc. *		6,210		1,136,554
Humana, Inc.		1,174		282,488
Laboratory Corp. of America Holdings *		3,555		547,968
Quest Diagnostics, Inc.		8,469		941,414
UnitedHealth Group, Inc.		87,381		16,202,185
Universal Health Services, Inc., Class B		5,053		616,870
WellCare Health Plans, Inc. *		6,090		1,093,520

				21,445,324

Health Care Technology - 0.3%
Allscripts Healthcare Solutions, Inc. *		37,159		474,149
athenahealth, Inc. *		3,316		466,064


INVESTMENTS	SHARES		VALUE ($)
Health Care Technology - 0.3% (continued)
Veeva Systems, Inc., Class A *		27,081		1,660,336

				2,600,549

Hotels, Restaurants & Leisure - 1.9%
Aramark		23,714		971,800
Brinker International, Inc.		8,880		338,328
Carnival Corp.		13,995		917,652
Darden Restaurants, Inc.		13,197		1,193,537
Domino’s Pizza, Inc.		12,719		2,690,450
International Game Technology plc		33,817		618,851
Las Vegas Sands Corp.		49,162		3,140,960
Marriott International, Inc., Class A		15,643		1,569,149
MGM Resorts International		46,093		1,442,250
Royal Caribbean Cruises Ltd.		7,642		834,736
Six Flags Entertainment Corp.		25,645		1,528,698
Vail Resorts, Inc.		3,751		760,815
Wynn Resorts Ltd.		10,846		1,454,666
Yum Brands, Inc.		10,531		776,767

				18,238,659

Household Durables - 0.8%
DR Horton, Inc.		35,090		1,213,061
Garmin Ltd.		22,664		1,156,544
Leggett & Platt, Inc.		14,426		757,798
Mohawk Industries, Inc. *		5,932		1,433,705
Newell Brands, Inc.		26,181		1,403,825
NVR, Inc. *		599		1,443,956

				7,408,889

Household Products - 0.2%
Church & Dwight Co., Inc.		11,180		580,018
Energizer Holdings, Inc.		13,144		631,175
Kimberly-Clark Corp.		2,647		341,754
Spectrum Brands Holdings, Inc.		5,012		626,701

				2,179,648

Industrial Conglomerates - 0.5%
3M Co.		8,256		1,718,817
Honeywell International, Inc.		15,401		2,052,799
Roper Technologies, Inc.		4,379		1,013,870

				4,785,486

Insurance - 3.5%
Allstate Corp. (The)		9,520		841,949
American Financial Group, Inc.		11,412		1,134,010
Aon plc		13,410		1,782,860
Arch Capital Group Ltd. *		13,686		1,276,767
Aspen Insurance Holdings Ltd.		8,457		421,581
Assurant, Inc.		6,148		637,486
Assured Guaranty Ltd.		24,340		1,015,952
Axis Capital Holdings Ltd.		7,392		477,967
Chubb Ltd.		15,864		2,306,308
Cincinnati Financial Corp.		26,000		1,883,700
Erie Indemnity Co., Class A		6,993		874,615
Everest Re Group Ltd.		2,625		668,299
FNF Group		22,711		1,018,134
Hanover Insurance Group, Inc. (The)		11,713		1,038,123
Lincoln National Corp.		31,526		2,130,527
Markel Corp. *		799		779,712
Marsh & McLennan Cos., Inc.		28,539		2,224,900


INVESTMENTS	SHARES		VALUE ($)
Insurance - 3.5% (continued)
Principal Financial Group, Inc.		27,144		1,739,116
ProAssurance Corp.		20,042		1,218,554
Progressive Corp. (The)		16,365		721,533
Prudential Financial, Inc.		38,770		4,192,588
RenaissanceRe Holdings Ltd.		5,901		820,534
Torchmark Corp.		11,199		856,723
Unum Group		12,016		560,306
Validus Holdings Ltd.		11,878		617,300
White Mountains Insurance Group Ltd.		1,805		1,567,877
WR Berkley Corp.		10,543		729,259

				33,536,680

Internet & Direct Marketing Retail - 6.3%
Amazon.com, Inc. *		44,015		42,606,520
Expedia, Inc.		7,678		1,143,638
Groupon, Inc. *		118,223		453,976
Netflix, Inc. *		43,644		6,520,850
Priceline Group, Inc. (The) *		4,449		8,321,944

				59,046,928

Internet Software & Services - 3.6%
Alphabet, Inc., Class A *		11,756		10,929,318
Altaba, Inc. *		92,998		5,066,531
CoStar Group, Inc. *		3,684		971,102
eBay, Inc. *		101,218		3,534,533
Facebook, Inc., Class A *		59,700		9,013,506
GoDaddy, Inc., Class A *		15,274		647,923
IAC/InterActiveCorp *		5,089		525,388
VeriSign, Inc. *		13,036		1,211,827
Yelp, Inc. *		32,684		981,174
Zillow Group, Inc., Class C *		25,352		1,242,501

				34,123,803

IT Services - 2.5%
Accenture plc, Class A		7,871		973,485
Amdocs Ltd.		12,968		835,917
Automatic Data Processing, Inc.		3,923		401,950
Booz Allen Hamilton Holding Corp.		14,749		479,932
Broadridge Financial Solutions, Inc.		11,087		837,734
CoreLogic, Inc. *		18,100		785,178
DXC Technology Co.		54,379		4,171,957
Fidelity National Information Services, Inc.		7,865		671,671
Fiserv, Inc. *		15,241		1,864,584
Gartner, Inc. *		6,200		765,762
Genpact Ltd.		37,076		1,031,825
Global Payments, Inc.		25,397		2,293,857
Jack Henry & Associates, Inc.		17,949		1,864,363
Mastercard, Inc., Class A		2,244		272,534
Paychex, Inc.		22,579		1,285,648
PayPal Holdings, Inc. *		16,420		881,261
Sabre Corp.		38,101		829,459
Square, Inc., Class A *		25,780		604,799
Total System Services, Inc.		20,572		1,198,319
Vantiv, Inc., Class A *		25,520		1,616,437
Western Union Co. (The)		15,876		302,438

				23,969,110

Leisure Products - 0.3%
Hasbro, Inc.		18,329		2,043,867


INVESTMENTS	SHARES		VALUE ($)
Leisure Products - 0.3% (continued)
Mattel, Inc.		17,888		385,128

				2,428,995

Life Sciences Tools & Services - 1.0%
Agilent Technologies, Inc.		9,882		586,101
Bio-Rad Laboratories, Inc., Class A *		5,986		1,354,692
Bruker Corp.		24,778		714,598
Charles River Laboratories International, Inc. *		6,903		698,239
Mettler-Toledo International, Inc. *		2,907		1,710,886
PerkinElmer, Inc.		9,553		650,941
QIAGEN NV *		20,348		682,268
Quintiles IMS Holdings, Inc. *		10,990		983,605
Thermo Fisher Scientific, Inc.		7,196		1,255,486
Waters Corp. *		6,470		1,189,445

				9,826,261

Machinery - 3.3%
Caterpillar, Inc.		49,418		5,310,458
Colfax Corp. *		22,860		899,998
Crane Co.		5,907		468,898
Cummins, Inc.		10,655		1,728,454
Deere & Co.		20,371		2,517,652
Fortive Corp.		28,938		1,833,222
Illinois Tool Works, Inc.		32,735		4,689,289
Ingersoll-Rand plc		22,376		2,044,943
Middleby Corp. (The) *		3,107		377,532
Nordson Corp.		6,333		768,319
Oshkosh Corp.		35,669		2,456,881
PACCAR, Inc.		9,482		626,191
Parker-Hannifin Corp.		7,923		1,266,254
Snap-on, Inc.		6,531		1,031,898
Stanley Black & Decker, Inc.		6,696		942,328
Toro Co. (The)		36,514		2,530,055
Trinity Industries, Inc.		24,985		700,329
Xylem, Inc.		23,620		1,309,257

				31,501,958

Media - 3.4%
CBS Corp. (Non-Voting), Class B		30,918		1,971,950
Charter Communications, Inc., Class A *		30,465		10,262,135
Comcast Corp., Class A		390,171		15,185,455
DISH Network Corp., Class A *		20,685		1,298,191
Interpublic Group of Cos., Inc. (The)		13,719		337,487
Liberty Broadband Corp. *		11,950		1,036,663
Madison Square Garden Co. (The), Class A *		2,525		497,173
Omnicom Group, Inc.		8,997		745,851
Sirius XM Holdings, Inc. (a)		139,238		761,632

				32,096,537

Metals & Mining - 0.8%
Freeport-McMoRan, Inc. *		93,383		1,121,530
Nucor Corp.		20,773		1,202,133
Reliance Steel & Aluminum Co.		5,371		391,063
Royal Gold, Inc.		13,187		1,030,828
Steel Dynamics, Inc.		66,851		2,393,934
United States Steel Corp. (a)		48,370		1,070,912

				7,210,400


INVESTMENTS	SHARES		VALUE ($)
Multiline Retail - 0.1%
Dollar General Corp.		4,075		293,767
Dollar Tree, Inc. *		5,549		387,986

				681,753

Multi-Utilities - 0.2%
CenterPoint Energy, Inc.		12,401		339,539
DTE Energy Co.		4,442		469,919
MDU Resources Group, Inc.		15,343		401,987
NiSource, Inc.		35,187		892,342

				2,103,787

Oil, Gas & Consumable Fuels - 2.6%
Chevron Corp.		5,953		621,076
Cimarex Energy Co.		2,558		240,478
CONSOL Energy, Inc. *		112,348		1,678,479
Continental Resources, Inc. *		46,729		1,510,749
Diamondback Energy, Inc. *		16,365		1,453,376
Energen Corp. *		18,031		890,190
EOG Resources, Inc.		21,325		1,930,339
Kinder Morgan, Inc.		33,340		638,794
Laredo Petroleum, Inc. *		111,874		1,176,914
Marathon Oil Corp.		32,874		389,557
Marathon Petroleum Corp.		22,599		1,182,606
ONEOK, Inc.		36,736		1,916,150
Parsley Energy, Inc., Class A *		51,557		1,430,707
PBF Energy, Inc., Class A		19,928		443,597
Pioneer Natural Resources Co.		4,275		682,205
Rice Energy, Inc. *		82,843		2,206,109
SM Energy Co.		18,093		299,077
Targa Resources Corp.		31,039		1,402,963
Tesoro Corp.		5,167		483,631
Valero Energy Corp.		6,967		469,994
Williams Cos., Inc. (The)		84,863		2,569,652
WPX Energy, Inc. *		126,482		1,221,816

				24,838,459

Personal Products - 0.1%
Edgewell Personal Care Co. *		4,753		361,323
Nu Skin Enterprises, Inc., Class A		8,923		560,721

				922,044

Pharmaceuticals - 0.3%
Merck & Co., Inc.		16,799		1,076,648
Pfizer, Inc.		9,230		310,036
Zoetis, Inc.		26,512		1,653,818

				3,040,502

Professional Services - 0.3%
Equifax, Inc.		14,045		1,930,064
Verisk Analytics, Inc. *		13,148		1,109,297

				3,039,361

Road & Rail - 2.1%
AMERCO		3,404		1,246,068
CSX Corp.		131,551		7,177,422
Genesee & Wyoming, Inc., Class A *		12,379		846,600
JB Hunt Transport Services, Inc.		4,202		383,979
Norfolk Southern Corp.		30,101		3,663,292
Old Dominion Freight Line, Inc.		7,162		682,109
Union Pacific Corp.		57,479		6,260,038

				20,259,508


INVESTMENTS	SHARES		VALUE ($)
Semiconductors & Semiconductor Equipment - 6.3%
Analog Devices, Inc.		26,047		2,026,457
Applied Materials, Inc.		154,770		6,393,549
Broadcom Ltd.		44,055		10,267,018
Cypress Semiconductor Corp.		33,003		450,491
First Solar, Inc. *		11,793		470,305
Intel Corp.		34,363		1,159,408
KLA-Tencor Corp.		5,142		470,544
Lam Research Corp.		21,192		2,997,184
Marvell Technology Group Ltd.		51,211		846,006
Maxim Integrated Products, Inc.		31,919		1,433,163
Microchip Technology, Inc.		21,658		1,671,564
Micron Technology, Inc. *		188,543		5,629,894
NVIDIA Corp.		80,345		11,614,673
ON Semiconductor Corp. *		82,670		1,160,687
Qorvo, Inc. *		3,847		243,592
QUALCOMM, Inc.		16,430		907,265
Skyworks Solutions, Inc.		14,317		1,373,716
Teradyne, Inc.		24,948		749,188
Texas Instruments, Inc.		99,768		7,675,152
Xilinx, Inc.		33,027		2,124,297

				59,664,153

Software - 5.9%
Activision Blizzard, Inc.		86,340		4,970,594
Adobe Systems, Inc. *		48,543		6,865,922
ANSYS, Inc. *		5,600		681,408
Autodesk, Inc. *		18,898		1,905,296
Cadence Design Systems, Inc. *		31,925		1,069,168
CDK Global, Inc.		22,987		1,426,573
Citrix Systems, Inc. *		14,512		1,154,865
Electronic Arts, Inc. *		32,466		3,432,306
Intuit, Inc.		11,408		1,515,096
Microsoft Corp.		309,937		21,363,957
Nuance Communications, Inc. *		49,154		855,771
PTC, Inc. *		12,514		689,772
Red Hat, Inc. *		4,254		407,321
salesforce.com, Inc. *		4,922		426,245
ServiceNow, Inc. *		13,185		1,397,610
SS&C Technologies Holdings, Inc.		16,904		649,283
Symantec Corp.		81,423		2,300,200
Synopsys, Inc. *		15,227		1,110,505
Ultimate Software Group, Inc. (The) *		5,637		1,184,108
VMware, Inc., Class A *(a)		27,555		2,409,134

				55,815,134

Specialty Retail - 1.1%
Best Buy Co., Inc.		35,018		2,007,582
Burlington Stores, Inc. *		19,291		1,774,579
Dick’s Sporting Goods, Inc.		9,727		387,426
Foot Locker, Inc.		6,992		344,566
Michaels Cos., Inc. (The) *		21,313		394,717
Murphy USA, Inc. *		6,252		463,336
O’Reilly Automotive, Inc. *		2,579		564,130
Ross Stores, Inc.		10,358		597,967
Ulta Beauty, Inc. *		12,747		3,662,723
Urban Outfitters, Inc. *		17,822		330,420

				10,527,446

Technology Hardware, Storage & Peripherals - 7.4%
Apple, Inc.		404,085		58,196,322
Hewlett Packard Enterprise Co.		213,990		3,550,094


INVESTMENTS	SHARES		VALUE ($)
Technology Hardware, Storage & Peripherals - 7.4% (continued)
HP, Inc.		177,025		3,094,397
NCR Corp. *		25,340		1,034,885
NetApp, Inc.		17,556		703,118
Western Digital Corp.		38,626		3,422,264

				70,001,080

Textiles, Apparel & Luxury Goods - 0.1%
PVH Corp.		4,356		498,762
Skechers U.S.A., Inc., Class A *		21,170		624,515

				1,123,277

Thrifts & Mortgage Finance - 0.1%
TFS Financial Corp.		41,075		635,430


Tobacco - 0.6%
Altria Group, Inc.		72,337		5,386,936


Trading Companies & Distributors - 0.4%
MSC Industrial Direct Co., Inc., Class A		4,795		412,178
United Rentals, Inc. *		21,391		2,410,979
Watsco, Inc.		3,619		558,050
WESCO International, Inc. *		12,206		699,404

				4,080,611

Water Utilities - 0.2%
American Water Works Co., Inc.		20,778		1,619,645
Aqua America, Inc.		9,149		304,662

				1,924,307

Wireless Telecommunication Services - 0.9%
Sprint Corp. *		526,845		4,325,398
T-Mobile US, Inc. *		76,720		4,650,766

				8,976,164

TOTAL COMMON STOCKS (Cost $744,498,648)				918,519,469


SHORT-TERM INVESTMENT - 2.7%

Investment Company - 2.7%
Limited Purpose Cash Investment Fund, 0.81% (Cost $25,243,307) (2)(b)		25,245,832		25,243,307


SECURITIES LENDING COLLATERAL - 0.6%

Investment Company - 0.6%
Investments in a Pooled Account through Securities Lending Program with Citibank NA BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84% (Cost $5,979,964) (2)(b)(c)		5,979,964		5,979,964

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 100.5% (Cost $775,721,919)				949,742,740


LIABILITIES IN EXCESS OF OTHER ASSETS - (0.5)% (d)				(5,089,082	)

NET ASSETS - 100.0%				944,653,658


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	140,863,333		14.9	%
Consumer Staples		19,464,024		2.1
Energy		30,504,575		3.2
Financials		206,452,024		21.9
Health Care		70,121,518		7.4
Industrials		125,937,220		13.3
Information Technology		266,455,529		28.2
Materials		25,506,660		2.7
Real Estate		18,690,293		2.0
Telecommunication Services		9,664,956		1.0
Utilities		4,859,337		0.5
Short-Term Investment		25,243,307		2.7
Securities Lending Collateral		5,979,964		0.6

Total Investments In Securities At Value		949,742,740		100.5
Liabilities in Excess of Other Assets (d)		(5,089,082)		(0.5)

Net Assets	$	944,653,658		100.0	%

All securities are United States companies, unless noted otherwise in parentheses.

*	Non-income producing security.

(a)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $5,804,740.

(b)	Represents 7-day effective yield as of 6/30/2017.

(c)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

(d)	Includes appreciation/(depreciation) on futures contracts.

All securities are Level 1 with respect to ASC 820, unless otherwise noted in parentheses.

(2)	Level 2 security (See Note 4).

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 97.0%

Aerospace & Defense - 1.6%
AAR Corp.		8,237		286,318
Aerojet Rocketdyne Holdings, Inc. *		7,667		159,474
Aerovironment, Inc. *		5,302		202,536
Axon Enterprise, Inc. *(a)		14,327		360,181
Curtiss-Wright Corp.		2,253		206,780
Ducommun, Inc. *		7,860		248,219
Engility Holdings, Inc. *		11,321		321,516
Esterline Technologies Corp. *		1,914		181,447
KeyW Holding Corp. (The) *(a)		39,680		371,008
KLX, Inc. *		7,283		364,150
Kratos Defense & Security Solutions, Inc. *		57,558		683,213
Mercury Systems, Inc. *		21,745		915,247
National Presto Industries, Inc.		1,715		189,508
Sparton Corp. *		6,924		152,259
Teledyne Technologies, Inc. *		6,750		861,638
Vectrus, Inc. *		8,941		288,973

				5,792,467

Air Freight & Logistics - 0.9%
Air Transport Services Group, Inc. *		23,162		504,468
XPO Logistics, Inc. *		40,236		2,600,453

				3,104,921

Airlines - 0.3%
Hawaiian Holdings, Inc. *		2,555		119,957
SkyWest, Inc.		24,142		847,384

				967,341

Auto Components - 1.4%
Cooper-Standard Holdings, Inc. *		6,552		660,900
Dana, Inc.		20,788		464,196
Dorman Products, Inc. *		10,092		835,315
Fox Factory Holding Corp. *		11,444		407,406
Horizon Global Corp. *		18,182		261,094
LCI Industries		10,516		1,076,838
Modine Manufacturing Co. *		10,588		175,231
Motorcar Parts of America, Inc. *		6,430		181,583
Standard Motor Products, Inc.		5,402		282,093
Stoneridge, Inc. *		15,449		238,069
Superior Industries International, Inc.		7,465		153,406
Tower International, Inc.		5,389		120,983

				4,857,114

Automobiles - 0.1%
Winnebago Industries, Inc.		10,133		354,655


Banks - 13.8%
1st Source Corp.		6,435		308,494
Ameris Bancorp		15,452		744,786
Banc of California, Inc. (a)		8,274		177,891
BancFirst Corp.		4,710		454,986
BancorpSouth, Inc.		6,691		204,075
Berkshire Hills Bancorp, Inc.		4,880		171,532
Boston Private Financial Holdings, Inc.		30,780		472,473
Brookline Bancorp, Inc.		8,843		129,108
Bryn Mawr Bank Corp.		4,081		173,443


INVESTMENTS	SHARES		VALUE ($)
Banks - 13.8% (continued)
Camden National Corp.		3,937		168,937
CenterState Banks, Inc.		36,559		908,857
Central Pacific Financial Corp.		12,758		401,494
Chemical Financial Corp.		19,918		964,230
City Holding Co.		2,567		169,088
Columbia Banking System, Inc.		4,340		172,949
Community Bank System, Inc.		17,205		959,523
ConnectOne Bancorp, Inc.		14,637		330,064
Customers Bancorp, Inc. *		3,792		107,238
CVB Financial Corp.		7,436		166,789
Eagle Bancorp, Inc. *		11,805		747,256
Enterprise Financial Services Corp.		15,527		633,502
Farmers Capital Bank Corp.		5,007		193,020
FCB Financial Holdings, Inc., Class A *		16,616		793,414
Fidelity Southern Corp.		17,798		406,862
First BanCorp *		147,170		852,114
First Busey Corp.		8,297		243,268
First Citizens BancShares, Inc., Class A		2,093		780,061
First Commonwealth Financial Corp.		45,442		576,205
First Financial Bancorp		17,714		490,678
First Financial Bankshares, Inc. (a)		13,421		593,208
First Interstate BancSystem, Inc., Class A		20,480		761,856
First Merchants Corp.		19,729		791,922
Flushing Financial Corp.		7,004		197,443
Franklin Financial Network, Inc. *		4,121		169,991
Fulton Financial Corp.		39,429		749,151
German American Bancorp, Inc.		3,585		122,213
Glacier Bancorp, Inc.		7,663		280,542
Great Southern Bancorp, Inc.		4,133		221,115
Great Western Bancorp, Inc.		32,709		1,334,854
Green Bancorp, Inc. *		14,806		287,236
Guaranty Bancorp		13,125		357,000
Hancock Holding Co.		40,709		1,994,741
Hanmi Financial Corp.		15,722		447,291
Heartland Financial USA, Inc.		12,207		574,950
Hilltop Holdings, Inc.		30,825		807,923
Home BancShares, Inc.		16,370		407,613
IBERIABANK Corp.		12,545		1,022,418
Independent Bank Corp./MA		7,977		531,667
Independent Bank Corp./MI		31,317		681,145
Independent Bank Group, Inc.		11,331		674,194
International Bancshares Corp.		18,855		660,868
Lakeland Bancorp, Inc.		23,423		441,524
Lakeland Financial Corp.		15,871		728,161
LegacyTexas Financial Group, Inc.		19,643		748,988
MainSource Financial Group, Inc.		9,194		308,091
MB Financial, Inc.		11,354		500,030
National Bank Holdings Corp., Class A		12,051		399,009
NBT Bancorp, Inc.		11,742		433,867
OFG Bancorp (a)		40,877		408,770
Old National Bancorp		12,686		218,834
Pacific Premier Bancorp, Inc. *		14,080		519,552
Park Sterling Corp.		15,117		179,590
Preferred Bank		13,009		695,591


INVESTMENTS	SHARES		VALUE ($)
Banks - 13.8% (continued)
Prosperity Bancshares, Inc.		15,387		988,461
QCR Holdings, Inc.		9,243		438,118
Renasant Corp.		3,073		134,413
Republic First Bancorp, Inc. *		11,679		108,031
S&T Bancorp, Inc.		3,731		133,794
Sandy Spring Bancorp, Inc.		8,198		333,331
Seacoast Banking Corp. of Florida *		23,688		570,881
ServisFirst Bancshares, Inc.		36,620		1,350,912
Southside Bancshares, Inc.		16,747		585,157
State Bank Financial Corp.		5,880		159,466
Sterling Bancorp		58,623		1,362,985
Stock Yards Bancorp, Inc.		8,250		320,925
Texas Capital Bancshares, Inc. *		21,006		1,625,864
Tompkins Financial Corp.		5,057		398,087
Towne Bank		30,432		937,306
TriState Capital Holdings, Inc. *		13,169		331,859
Triumph Bancorp, Inc. *		9,529		233,937
Trustmark Corp.		20,953		673,848
UMB Financial Corp.		14,419		1,079,406
Union Bankshares Corp.		11,576		392,426
United Community Banks, Inc.		31,765		883,067
Univest Corp. of Pennsylvania		8,294		248,405
Veritex Holdings, Inc. *		11,255		296,344
Washington Trust Bancorp, Inc.		3,886		200,323
Webster Financial Corp.		29,851		1,558,819
Wintrust Financial Corp.		14,581		1,114,572

				48,614,422

Beverages - 0.7%
Coca-Cola Bottling Co. Consolidated		432		98,872
Craft Brew Alliance, Inc. *		13,506		227,576
MGP Ingredients, Inc. (a)		14,063		719,604
National Beverage Corp.		13,334		1,247,529

				2,293,581

Biotechnology - 8.5%
Agenus, Inc. *(a)		31,652		123,759
Aimmune Therapeutics, Inc. *		12,953		266,314
Array BioPharma, Inc. *		92,209		771,789
Avexis, Inc. *(a)		12,449		1,022,810
Axovant Sciences Ltd. *(a)		6,902		160,057
BioCryst Pharmaceuticals, Inc. *		49,729		276,493
BioSpecifics Technologies Corp. *		2,268		112,289
Bluebird Bio, Inc. *		13,798		1,449,480
Blueprint Medicines Corp. *		20,167		1,021,862
Cara Therapeutics, Inc. *(a)		26,544		408,512
Clovis Oncology, Inc. *		20,257		1,896,663
Coherus Biosciences, Inc. *		12,798		183,651
CTI BioPharma Corp. *		7,700		25,487
Cytokinetics, Inc. *		28,697		347,234
Eagle Pharmaceuticals, Inc. *(a)		9,320		735,255
Epizyme, Inc. *		7,122		107,542
Esperion Therapeutics, Inc. *(a)		11,136		515,374
Exact Sciences Corp. *		54,624		1,932,051
Exelixis, Inc. *		115,937		2,855,528
FibroGen, Inc. *		6,970		225,131
Flexion Therapeutics, Inc. *(a)		16,486		333,347
Foundation Medicine, Inc. *(a)		9,541		379,255
Global Blood Therapeutics, Inc. *(a)		10,227		279,708


INVESTMENTS	SHARES		VALUE ($)
Biotechnology - 8.5% (continued)
Halozyme Therapeutics, Inc. *		8,202		105,150
Immunomedics, Inc. *(a)		72,686		641,817
Inovio Pharmaceuticals, Inc. *(a)		15,775		123,676
Insmed, Inc. *		11,460		196,654
Ironwood Pharmaceuticals, Inc. *		51,806		978,097
Kite Pharma, Inc. *(a)		17,407		1,804,584
Lexicon Pharmaceuticals, Inc. *		20,175		331,879
Loxo Oncology, Inc. *		9,996		801,579
MiMedx Group, Inc. *		13,956		208,921
Minerva Neurosciences, Inc. *		30,703		271,722
Momenta Pharmaceuticals, Inc. *		12,254		207,093
Ohr Pharmaceutical, Inc. *		7,600		4,864
Organovo Holdings, Inc. *(a)		37,800		99,414
Peregrine Pharmaceuticals, Inc. *		181,400		110,291
Portola Pharmaceuticals, Inc. *		9,947		558,723
Progenics Pharmaceuticals, Inc. *		45,328		307,777
Prothena Corp. plc (Ireland) *		2,118		114,626
PTC Therapeutics, Inc. *		16,551		303,380
REGENXBIO, Inc. *		14,635		289,041
Repligen Corp. *		4,058		168,164
Retrophin, Inc. *		9,432		182,886
Sage Therapeutics, Inc. *		11,153		888,225
Sarepta Therapeutics, Inc. *		24,549		827,547
Spark Therapeutics, Inc. *		9,065		541,543
Stemline Therapeutics, Inc. *		23,815		219,098
Synergy Pharmaceuticals, Inc. *(a)		90,625		403,281
TESARO, Inc. *		20,062		2,805,871
TG Therapeutics, Inc. *(a)		8,600		86,430
Vanda Pharmaceuticals, Inc. *		23,622		385,039
Versartis, Inc. *		10,971		191,444
Xencor, Inc. *		23,023		486,016

				30,074,423

Building Products - 1.2%
AAON, Inc.		11,411		420,495
American Woodmark Corp. *		1,209		115,520
Builders FirstSource, Inc. *		9,381		143,717
Gibraltar Industries, Inc. *		16,064		572,682
Griffon Corp.		14,851		325,979
Insteel Industries, Inc.		10,681		352,153
NCI Building Systems, Inc. *		11,901		198,747
Patrick Industries, Inc. *		11,339		826,046
PGT Innovations, Inc. *		16,718		213,990
Ply Gem Holdings, Inc. *		7,520		134,984
Trex Co., Inc. *		10,340		699,604
Universal Forest Products, Inc.		2,834		247,437

				4,251,354

Capital Markets - 1.2%
Arlington Asset Investment Corp., Class A		9,426		128,853
BGC Partners, Inc., Class A		15,955		201,671
Cohen & Steers, Inc.		2,576		104,431
Diamond Hill Investment Group, Inc.		1,639		326,817
Evercore Partners, Inc., Class A		10,903		768,662
Financial Engines, Inc.		6,121		224,029
GAIN Capital Holdings, Inc.		24,292		151,339
Houlihan Lokey, Inc.		6,221		217,113
INTL. FCStone, Inc. *		6,700		252,992


INVESTMENTS	SHARES		VALUE ($)
Capital Markets - 1.2% (continued)
Moelis & Co., Class A		15,024		583,682
Piper Jaffray Cos.		7,162		429,362
PJT Partners, Inc., Class A		5,752		231,345
Stifel Financial Corp. *		13,169		605,511

				4,225,807

Chemicals - 3.5%
American Vanguard Corp.		9,893		170,654
Balchem Corp.		1,382		107,395
Chase Corp.		2,752		293,638
Chemours Co. (The)		71,401		2,707,526
Ferro Corp. *		11,834		216,444
Flotek Industries, Inc. *(a)		13,802		123,390
GCP Applied Technologies, Inc. *		8,114		247,477
Innophos Holdings, Inc.		5,047		221,261
Innospec, Inc.		5,039		330,306
KMG Chemicals, Inc.		10,063		489,766
Koppers Holdings, Inc. *		10,060		363,669
Kraton Corp. *		9,244		318,363
Kronos Worldwide, Inc.		49,227		896,916
Minerals Technologies, Inc.		5,468		400,258
Olin Corp.		54,375		1,646,475
Quaker Chemical Corp.		3,374		490,006
Rayonier Advanced Materials, Inc. (a)		11,904		187,131
Sensient Technologies Corp.		1,677		135,049
Stepan Co.		6,869		598,565
Trinseo SA		20,222		1,389,251
Tronox Ltd., Class A		53,814		813,668

				12,147,208

Commercial Services & Supplies - 1.9%
ABM Industries, Inc.		8,276		343,620
ACCO Brands Corp. *		42,602		496,313
Aqua Metals, Inc. *(a)		28,300		355,165
Brady Corp., Class A		16,971		575,317
Brink’s Co. (The)		16,878		1,130,826
Casella Waste Systems, Inc., Class A *		19,224		315,466
CECO Environmental Corp.		14,459		132,734
Ennis, Inc.		10,681		204,007
HNI Corp.		3,626		144,569
Kimball International, Inc., Class B		9,927		165,682
Matthews International Corp., Class A		6,066		371,542
MSA Safety, Inc.		7,103		576,550
Multi-Color Corp.		2,315		188,904
Quad/Graphics, Inc.		27,450		629,154
Tetra Tech, Inc.		14,182		648,826
US Ecology, Inc.		3,206		161,903
Viad Corp.		5,800		274,050

				6,714,628

Communications Equipment - 3.0%
Applied Optoelectronics, Inc. *(a)		14,698		908,190
CalAmp Corp. *		8,803		178,965
Ciena Corp. *		27,001		675,565
Clearfield, Inc. *(a)		8,247		108,860
EMCORE Corp.		31,707		337,680
Extreme Networks, Inc. *		61,689		568,773
Finisar Corp. *		43,098		1,119,686


INVESTMENTS	SHARES		VALUE ($)
Communications Equipment - 3.0% (continued)
Harmonic, Inc. *		30,232		158,718
InterDigital, Inc.		11,978		925,900
Lumentum Holdings, Inc. *		28,586		1,630,831
NETGEAR, Inc. *		5,311		228,904
NetScout Systems, Inc. *		21,711		746,858
Oclaro, Inc. *(a)		94,339		881,126
ShoreTel, Inc. *		18,745		108,721
Sonus Networks, Inc. *		14,857		110,536
Ubiquiti Networks, Inc. *(a)		25,087		1,303,771
Viavi Solutions, Inc. *		66,529		700,550

				10,693,634

Construction & Engineering - 1.4%
Aegion Corp. *		6,788		148,521
Argan, Inc.		8,380		502,800
Comfort Systems USA, Inc.		6,501		241,187
EMCOR Group, Inc.		10,613		693,878
HC2 Holdings, Inc. *		27,896		164,028
MasTec, Inc. *		34,650		1,564,448
MYR Group, Inc. *		5,924		183,762
NV5 Global, Inc. *		13,579		577,108
Orion Group Holdings, Inc. *		17,434		130,232
Primoris Services Corp.		4,356		108,639
Tutor Perini Corp. *		19,362		556,658

				4,871,261

Construction Materials - 0.1%
US Concrete, Inc. *		2,282		179,251


Consumer Finance - 0.3%
Enova International, Inc. *		16,541		245,634
EZCORP, Inc., Class A *		33,759		259,944
Green Dot Corp., Class A *		7,399		285,084
Nelnet, Inc., Class A		4,465		209,900
Regional Management Corp. *		7,164		169,285

				1,169,847

Containers & Packaging - 0.3%
Greif, Inc., Class A		18,407		1,026,742


Diversified Consumer Services - 1.4%
Adtalem Global Education, Inc.		20,429		775,281
American Public Education, Inc. *		7,939		187,757
Capella Education Co.		5,030		430,568
Career Education Corp. *		55,545		533,232
Carriage Services, Inc.		7,513		202,550
Chegg, Inc. *		29,295		360,036
Grand Canyon Education, Inc. *		14,843		1,163,840
K12, Inc. *		15,726		281,810
Sotheby’s *(a)		15,756		845,624
Strayer Education, Inc.		1,913		178,330
Weight Watchers International, Inc. *		3,695		123,487

				5,082,515

Diversified Telecommunication Services - 0.1%
IDT Corp., Class B		12,066		173,388
ORBCOMM, Inc. *		27,576		311,609

				484,997


INVESTMENTS	SHARES		VALUE ($)
Electric Utilities - 0.2%
MGE Energy, Inc.		3,239		208,430
Otter Tail Corp.		3,477		137,689
Spark Energy, Inc., Class A (a)		23,632		444,281

				790,400

Electrical Equipment - 0.3%
Energous Corp. *		19,955		324,468
EnerSys		7,702		558,010

				882,478

Electronic Equipment, Instruments & Components - 3.9%
Anixter International, Inc. *		3,800		297,160
AVX Corp.		12,390		202,453
Badger Meter, Inc.		7,765		309,435
Belden, Inc.		1,355		102,208
Benchmark Electronics, Inc. *		3,018		97,481
Coherent, Inc. *		10,497		2,361,720
Control4 Corp. *		14,273		279,894
CTS Corp.		12,200		263,520
ePlus, Inc. *		5,928		439,265
Fabrinet (Thailand) *		12,422		529,922
II-VI, Inc. *		22,106		758,236
Insight Enterprises, Inc. *		6,540		261,535
Itron, Inc. *		13,825		936,644
Littelfuse, Inc.		2,599		428,835
Mesa Laboratories, Inc.		2,830		405,567
Methode Electronics, Inc.		9,971		410,805
Novanta, Inc. *		5,797		208,692
PC Connection, Inc.		9,526		257,774
Plexus Corp. *		3,071		161,442
Rogers Corp. *		5,047		548,205
Sanmina Corp. *		27,924		1,063,904
SYNNEX Corp.		3,801		455,968
TTM Technologies, Inc. *		49,563		860,414
Universal Display Corp.		14,729		1,609,143
Vishay Intertechnology, Inc.		18,930		314,238

				13,564,460

Energy Equipment & Services - 1.1%
Archrock, Inc.		36,350		414,390
Exterran Corp. *		16,879		450,669
Fairmount Santrol Holdings, Inc. *(a)		65,962		257,252
Forum Energy Technologies, Inc. *		16,623		259,319
McDermott International, Inc. *		109,189		782,885
Newpark Resources, Inc. *		21,323		156,724
Pioneer Energy Services Corp. *		61,599		126,278
Unit Corp. *		22,915		429,198
US Silica Holdings, Inc.		26,200		929,838

				3,806,553

Equity Real Estate Investment Trusts (REITs) - 2.0%
Agree Realty Corp.		5,907		270,954
Armada Hoffler Properties, Inc.		10,728		138,927
Bluerock Residential Growth REIT, Inc.		11,974		154,345
Colony Starwood Homes		5,546		190,283
Community Healthcare Trust, Inc.		7,431		190,159
DuPont Fabros Technology, Inc.		7,548		461,636
Easterly Government Properties, Inc.		6,848		143,466
Four Corners Property Trust, Inc.		5,023		126,127


INVESTMENTS	SHARES		VALUE ($)
Equity Real Estate Investment Trusts (REITs) - 2.0% (continued)
GEO Group, Inc. (The)		23,445		693,269
Getty Realty Corp.		4,321		108,457
Gladstone Commercial Corp.		17,758		386,947
Government Properties Income Trust		5,731		104,935
Independence Realty Trust, Inc.		11,681		115,291
Lexington Realty Trust		36,623		362,934
Monmouth Real Estate Investment Corp.		28,817		433,696
National Storage Affiliates Trust		18,837		435,323
NexPoint Residential Trust, Inc.		16,633		413,995
Potlatch Corp.		2,640		120,648
Preferred Apartment Communities, Inc., Class A		12,783		201,332
Rexford Industrial Realty, Inc.		21,438		588,259
Saul Centers, Inc.		1,960		113,641
Select Income REIT		9,666		232,274
STAG Industrial, Inc.		9,927		273,985
Summit Hotel Properties, Inc.		15,735		293,458
Terreno Realty Corp.		3,838		129,187
Universal Health Realty Income Trust		1,929		153,433
Urstadt Biddle Properties, Inc., Class A		5,947		117,751

				6,954,712

Food & Staples Retailing - 0.1%
Ingles Markets, Inc., Class A		4,685		156,011
SpartanNash Co.		8,618		223,723
Weis Markets, Inc.		2,771		135,003

				514,737

Food Products - 0.6%
B&G Foods, Inc. (a)		5,432		193,379
Calavo Growers, Inc.		1,907		131,679
Fresh Del Monte Produce, Inc.		20,312		1,034,084
John B Sanfilippo & Son, Inc.		4,035		254,649
Omega Protein Corp.		9,601		171,858
Tootsie Roll Industries, Inc. (a)		5,071		176,724

				1,962,373

Gas Utilities - 0.0% (b)
Chesapeake Utilities Corp.		1,406		105,380


Health Care Equipment & Supplies - 4.4%
Anika Therapeutics, Inc. *		3,754		185,222
Atrion Corp.		378		243,167
AxoGen, Inc. *		23,491		393,474
Cantel Medical Corp.		4,966		386,901
Cardiovascular Systems, Inc. *		18,870		608,180
CryoLife, Inc. *		13,497		269,265
GenMark Diagnostics, Inc. *		37,052		438,325
Glaukos Corp. *		18,420		763,877
Haemonetics Corp. *		2,383		94,105
Halyard Health, Inc. *		4,267		167,608
ICU Medical, Inc. *		5,172		892,170
Inogen, Inc. *		11,892		1,134,735
Insulet Corp. *		10,457		536,549
Integra LifeSciences Holdings Corp. *		15,155		826,099
K2M Group Holdings, Inc. *		4,323		105,308
LeMaitre Vascular, Inc.		10,217		318,975
Masimo Corp. *		20,087		1,831,533


INVESTMENTS	SHARES		VALUE ($)
Health Care Equipment & Supplies - 4.4% (continued)
Merit Medical Systems, Inc. *		15,632		596,361
Nevro Corp. *		11,585		862,272
NuVasive, Inc. *		14,411		1,108,494
NxStage Medical, Inc. *		19,881		498,417
OraSure Technologies, Inc. *		23,143		399,448
Orthofix International NV *		2,774		128,936
Penumbra, Inc. *		11,312		992,628
Spectranetics Corp. (The) *		21,861		839,462
ViewRay, Inc. *(a)		15,643		101,210
Wright Medical Group NV *		30,498		838,390

				15,561,111

Health Care Providers & Services - 1.6%
Addus HomeCare Corp. *		9,220		342,984
Almost Family, Inc. *		2,340		144,261
Amedisys, Inc. *		1,914		120,218
AMN Healthcare Services, Inc. *		4,715		184,121
BioTelemetry, Inc. *		25,845		864,515
Chemed Corp.		577		118,014
Civitas Solutions, Inc. *		6,879		120,383
CorVel Corp. *		6,100		289,445
Cross Country Healthcare, Inc. *		14,589		188,344
HealthEquity, Inc. *		21,958		1,094,167
LHC Group, Inc. *		3,000		203,670
Medcath Corp. (3)*(c)		10,300		—
National HealthCare Corp.		1,886		132,284
Teladoc, Inc. *(a)		17,876		620,297
Tivity Health, Inc. *		26,665		1,062,600
US Physical Therapy, Inc.		4,314		260,566

				5,745,869

Health Care Technology - 0.9%
Evolent Health, Inc., Class A *		30,257		767,015
HealthStream, Inc. *		7,258		191,030
HMS Holdings Corp. *		15,450		285,825
Medidata Solutions, Inc. *		17,585		1,375,147
Omnicell, Inc. *		6,070		261,617
Vocera Communications, Inc. *		10,735		283,619

				3,164,253

Hotels, Restaurants & Leisure - 2.8%
Bob Evans Farms, Inc.		1,572		112,917
Caesars Entertainment Corp. *(a)		20,884		250,608
Carrols Restaurant Group, Inc. *		23,190		284,077
Chuy’s Holdings, Inc. *		4,565		106,821
Dave & Buster’s Entertainment, Inc. *		16,866		1,121,758
Denny’s Corp. *		16,550		194,793
Eldorado Resorts, Inc. *		28,663		573,260
ILG, Inc.		17,674		485,858
International Speedway Corp., Class A		3,567		133,941
Intrawest Resorts Holdings, Inc. *		22,452		533,010
Jack in the Box, Inc.		11,232		1,106,352
Marcus Corp. (The)		6,900		208,380
Marriott Vacations Worldwide Corp.		7,776		915,624
Monarch Casino & Resort, Inc. *		7,349		222,307
Papa John’s International, Inc.		11,450		821,652
Pinnacle Entertainment, Inc. *		25,836		510,519
Planet Fitness, Inc., Class A		33,523		782,427


INVESTMENTS	SHARES		VALUE ($)
Hotels, Restaurants & Leisure - 2.8% (continued)
Ruth’s Hospitality Group, Inc.		9,641		209,692
Scientific Games Corp., Class A *		39,405		1,028,471
Wingstop, Inc. (a)		7,803		241,113

				9,843,580

Household Durables - 1.3%
Bassett Furniture Industries, Inc.		12,552		476,348
Cavco Industries, Inc. *		2,640		342,276
Flexsteel Industries, Inc.		2,686		145,339
Hooker Furniture Corp.		6,593		271,302
Installed Building Products, Inc. *		14,200		751,890
iRobot Corp. *		12,336		1,037,951
KB Home		11,104		266,163
LGI Homes, Inc. *(a)		5,346		214,802
NACCO Industries, Inc., Class A		3,287		232,884
Taylor Morrison Home Corp., Class A *		8,919		214,145
TopBuild Corp. *		4,564		242,212
Universal Electronics, Inc. *		1,934		129,288
William Lyon Homes, Class A *		5,382		129,922
ZAGG, Inc. *		17,070		147,656

				4,602,178

Household Products - 0.4%
Central Garden & Pet Co., Class A *		25,171		755,634
HRG Group, Inc. *		29,441		521,400

				1,277,034

Independent Power and Renewable Electricity Producers - 0.2%
Ormat Technologies, Inc.		11,307		663,495
TerraForm Power, Inc., Class A *		7,555		90,660

				754,155

Industrial Conglomerates - 0.1%
Raven Industries, Inc.		8,805		293,206


Insurance - 1.7%
Ambac Financial Group, Inc. *		9,791		169,874
American Equity Investment Life Holding Co.		10,921		287,004
AMERISAFE, Inc.		4,224		240,557
Argo Group International Holdings Ltd.		3,368		204,101
Employers Holdings, Inc.		6,048		255,830
Enstar Group Ltd. *		725		144,021
FBL Financial Group, Inc., Class A		7,378		453,747
Federated National Holding Co.		7,509		120,144
Horace Mann Educators Corp.		3,809		143,980
James River Group Holdings Ltd.		10,221		406,080
Kemper Corp.		3,161		122,015
MBIA, Inc. *		29,820		281,203
National General Holdings Corp.		6,546		138,121
Navigators Group, Inc. (The)		3,083		169,257
OneBeacon Insurance Group Ltd., Class A		1,647		30,025
Primerica, Inc.		16,110		1,220,332
Safety Insurance Group, Inc.		1,836		125,399
Selective Insurance Group, Inc.		5,545		277,527
Stewart Information Services Corp.		3,674		166,726
Trupanion, Inc. *(a)		20,746		464,295
United Fire Group, Inc.		6,763		297,978


INVESTMENTS	SHARES		VALUE ($)
Insurance - 1.7% (continued)
United Insurance Holdings Corp.		8,652		136,096
Universal Insurance Holdings, Inc.		6,711		169,117

				6,023,429

Internet & Direct Marketing Retail - 0.6%
Duluth Holdings, Inc., Class B *(a)		8,854		161,231
Etsy, Inc. *		14,879		223,185
Nutrisystem, Inc.		14,561		757,900
Overstock.com, Inc. *		7,033		114,638
PetMed Express, Inc. (a)		10,939		444,123
Wayfair, Inc., Class A *		7,112		546,771

				2,247,848

Internet Software & Services - 3.4%
2U, Inc. *(a)		18,950		889,134
Alarm.com Holdings, Inc. *		17,311		651,413
Amber Road, Inc. *		19,878		170,354
Blucora, Inc. *		27,073		573,948
Box, Inc., Class A *		6,118		111,592
Brightcove, Inc. *		21,470		133,114
Carbonite, Inc. *		26,884		586,071
ChannelAdvisor Corp. *		12,592		145,438
Cimpress NV (Netherlands) *(a)		1,499		141,701
Cornerstone OnDemand, Inc. *		2,813		100,565
Envestnet, Inc. *		4,262		168,775
Five9, Inc. *		48,315		1,039,739
GrubHub, Inc. *		21,433		934,479
GTT Communications, Inc. *		13,767		435,726
j2 Global, Inc.		2,969		252,632
LogMeIn, Inc.		18,636		1,947,462
Meet Group, Inc. (The) *		64,319		324,811
MINDBODY, Inc., Class A *(a)		25,810		702,032
New Relic, Inc. *		3,724		160,169
NIC, Inc.		7,853		148,814
Q2 Holdings, Inc. *		12,299		454,448
Quotient Technology, Inc. *		18,040		207,460
Shutterstock, Inc. *		5,974		263,334
TrueCar, Inc. *(a)		49,153		979,619
Xactly Corp. *		14,253		223,059
XO Group, Inc. *		16,852		296,932

				12,042,821

IT Services - 1.0%
Acxiom Corp. *		16,198		420,824
CACI International, Inc., Class A *		1,034		129,302
Cardtronics plc, Class A *		7,594		249,539
Cardtronics, Inc. *		900		29,574
CSG Systems International, Inc.		3,860		156,639
Hackett Group, Inc. (The)		15,924		246,822
ManTech International Corp., Class A		6,644		274,929
Perficient, Inc. *		11,282		210,296
Science Applications International Corp.		15,397		1,068,860
ServiceSource International, Inc. *		27,897		108,240
TeleTech Holdings, Inc.		5,303		216,362
Unisys Corp. *		23,374		299,187

				3,410,574

Leisure Products - 0.1%
Callaway Golf Co.		13,688		174,933


INVESTMENTS	SHARES		VALUE ($)
Leisure Products - 0.1% (continued)
Nautilus, Inc. *		8,397		160,802

				335,735

Life Sciences Tools & Services - 0.6%
Accelerate Diagnostics, Inc. *(a)		24,155		660,639
Cambrex Corp. *		2,200		131,450
NanoString Technologies, Inc. *(a)		7,279		120,395
NeoGenomics, Inc. *		26,536		237,762
PRA Health Sciences, Inc. *		12,983		973,855

				2,124,101

Machinery - 3.8%
Alamo Group, Inc.		4,338		393,934
Altra Industrial Motion Corp.		5,521		219,736
Astec Industries, Inc.		7,055		391,623
Barnes Group, Inc.		4,818		281,998
Briggs & Stratton Corp.		4,297		103,558
Chart Industries, Inc. *		13,577		471,529
CIRCOR International, Inc.		5,202		308,895
Douglas Dynamics, Inc.		12,738		419,080
Energy Recovery, Inc. *(a)		14,352		118,978
ESCO Technologies, Inc.		2,964		176,803
Federal Signal Corp.		10,357		179,797
Franklin Electric Co., Inc.		4,775		197,685
Global Brass & Copper Holdings, Inc.		10,438		318,881
Greenbrier Cos., Inc. (The) (a)		4,786		221,352
Harsco Corp. *		26,985		434,458
John Bean Technologies Corp.		14,921		1,462,258
Kadant, Inc.		3,300		248,160
Kennametal, Inc.		26,006		973,145
Lydall, Inc. *		10,527		544,246
Manitowoc Co., Inc. (The) *		17,903		107,597
Meritor, Inc. *		32,900		546,469
Mueller Water Products, Inc., Class A		19,934		232,829
Navistar International Corp. *		36,915		968,280
NN, Inc.		3,429		94,126
RBC Bearings, Inc. *		2,910		296,122
Spartan Motors, Inc.		37,893		335,353
SPX Corp. *		28,258		710,971
Standex International Corp.		2,682		243,257
Supreme Industries, Inc., Class A		27,495		452,293
Tennant Co.		3,269		241,252
Titan International, Inc.		43,468		522,051
Wabash National Corp.		16,454		361,659
Woodward, Inc.		11,310		764,330

				13,342,705

Marine - 0.1%
Scorpio Bulkers, Inc. *(a)		37,433		265,774


Media - 0.5%
AMC Entertainment Holdings, Inc., Class A		9,424		214,396
Entravision Communications Corp., Class A		28,539		188,357
EW Scripps Co. (The), Class A *		8,418		149,925
Meredith Corp.		6,098		362,526
New Media Investment Group, Inc.		8,166		110,078
Nexstar Media Group, Inc., Class A		7,174		429,005
Scholastic Corp.		2,513		109,542


INVESTMENTS	SHARES		VALUE ($)
Media - 0.5% (continued)
Sinclair Broadcast Group, Inc., Class A		4,206		138,377
World Wrestling Entertainment, Inc., Class A (a)		8,365		170,395

				1,872,601

Metals & Mining - 1.4%
AK Steel Holding Corp. *		110,198		724,001
Allegheny Technologies, Inc. (a)		6,531		111,092
Century Aluminum Co. *		53,137		827,874
Cliffs Natural Resources, Inc. *		88,641		613,396
Coeur Mining, Inc. *		15,726		134,929
Gold Resource Corp.		47,777		194,930
Hecla Mining Co.		89,841		458,189
Materion Corp.		4,614		172,564
Olympic Steel, Inc.		6,213		121,029
Ryerson Holding Corp. *		24,280		240,372
SunCoke Energy, Inc. *		46,141		502,937
TimkenSteel Corp. *		15,982		245,643
Worthington Industries, Inc.		10,144		509,432

				4,856,388

Multiline Retail - 0.2%
Ollie’s Bargain Outlet Holdings, Inc. *		20,400		869,040


Multi-Utilities - 0.1%
Unitil Corp.		6,391		308,749


Oil, Gas & Consumable Fuels - 1.2%
Abraxas Petroleum Corp. *		129,164		209,246
Callon Petroleum Co. *		17,414		184,762
Contango Oil & Gas Co. *		7,340		48,738
Delek US Holdings, Inc.		21,427		566,530
Eclipse Resources Corp. *		97,610		279,165
EP Energy Corp., Class A *(a)		47,082		172,320
GasLog Ltd. (Monaco) (a)		31,134		474,793
Golar LNG Ltd. (Norway) (a)		16,976		377,716
Green Plains, Inc.		10,576		217,337
Oasis Petroleum, Inc. *		25,020		201,411
REX American Resources Corp. *		3,271		315,848
Ring Energy, Inc. *		26,148		339,924
RSP Permian, Inc. *		2,834		91,453
Sanchez Energy Corp. *(a)		16,721		120,057
SemGroup Corp., Class A		11,177		301,779
W&T Offshore, Inc. *(a)		60,598		118,772
Westmoreland Coal Co. *		17,705		86,223

				4,106,074

Paper & Forest Products - 0.4%
Clearwater Paper Corp. *		2,894		135,294
KapStone Paper and Packaging Corp.		17,930		369,896
Louisiana-Pacific Corp. *		28,099		677,467
Neenah Paper, Inc.		2,788		223,737

				1,406,394

Personal Products - 0.1%
Inter Parfums, Inc.		4,301		157,632
Natural Health Trends Corp. (a)		6,691		186,344

				343,976


INVESTMENTS	SHARES		VALUE ($)
Pharmaceuticals - 1.9%
Aclaris Therapeutics, Inc. *(a)		9,862		267,458
Aerie Pharmaceuticals, Inc. *		21,487		1,129,142
Amphastar Pharmaceuticals, Inc. *		15,777		281,777
ANI Pharmaceuticals, Inc. *		4,864		227,635
Aratana Therapeutics, Inc. *		30,790		222,612
Corcept Therapeutics, Inc. *		58,065		685,167
Dermira, Inc. *(a)		9,180		267,505
Heska Corp. *		9,027		921,386
Medicines Co. (The) *(a)		13,199		501,694
Nektar Therapeutics *		11,720		229,126
Paratek Pharmaceuticals, Inc. *		4,891		117,873
Phibro Animal Health Corp., Class A		2,900		107,445
SciClone Pharmaceuticals, Inc. *		17,581		193,391
Supernus Pharmaceuticals, Inc. *		25,872		1,115,083
TherapeuticsMD, Inc. *(a)		23,340		123,002
WaVe Life Sciences Ltd. *		7,425		138,105

				6,528,401

Professional Services - 1.2%
Advisory Board Co. (The) *		7,984		411,176
Barrett Business Services, Inc.		3,741		214,322
CRA International, Inc.		6,151		223,404
Exponent, Inc.		1,823		106,281
Heidrick & Struggles International, Inc.		6,742		146,639
ICF International, Inc. *		3,076		144,880
Insperity, Inc.		8,474		601,654
Kelly Services, Inc., Class A		6,667		149,674
Kforce, Inc.		6,514		127,674
Mistras Group, Inc. *		11,599		254,830
Navigant Consulting, Inc. *		10,627		209,990
TriNet Group, Inc. *		19,183		628,051
WageWorks, Inc. *		12,496		839,731

				4,058,306

Real Estate Management & Development - 0.3%
Marcus & Millichap, Inc. *		5,385		141,949
RE/MAX Holdings, Inc., Class A		5,481		307,210
RMR Group, Inc. (The), Class A		8,748		425,590

				874,749

Road & Rail - 0.2%
Marten Transport Ltd.		4,612		126,369
Saia, Inc. *		12,610		646,893

				773,262

Semiconductors & Semiconductor Equipment - 6.5%
Advanced Energy Industries, Inc. *		19,613		1,268,765
Advanced Micro Devices, Inc. *		312,849		3,904,355
Alpha & Omega Semiconductor Ltd. *		19,516		325,332
Amkor Technology, Inc. *		100,644		983,292
Axcelis Technologies, Inc. *		13,172		275,953
Brooks Automation, Inc.		28,646		621,332
Cabot Microelectronics Corp.		6,746		498,057
Cavium, Inc. *		8,783		545,688
CEVA, Inc. *		12,403		563,716
Cirrus Logic, Inc. *		26,820		1,682,150
Entegris, Inc. *		39,656		870,449
FormFactor, Inc. *		33,034		409,622
Inphi Corp. *(a)		21,064		722,495


INVESTMENTS	SHARES		VALUE ($)
Semiconductors & Semiconductor Equipment - 6.5% (continued)
MACOM Technology Solutions Holdings, Inc. *		3,731		208,078
MaxLinear, Inc. *		37,348		1,041,636
Microsemi Corp. *		38,374		1,795,903
MKS Instruments, Inc.		19,089		1,284,690
Monolithic Power Systems, Inc.		14,543		1,401,945
Nanometrics, Inc. *		9,875		249,739
NeoPhotonics Corp. *(a)		13,940		107,617
PDF Solutions, Inc. *		11,205		184,322
Photronics, Inc. *		17,287		162,498
Power Integrations, Inc.		8,574		625,045
Rudolph Technologies, Inc. *		14,942		341,425
Semtech Corp. *		24,266		867,509
Sigma Designs, Inc. *		22,053		129,010
Silicon Laboratories, Inc. *		10,346		707,149
Ultra Clean Holdings, Inc. *		28,649		537,169
Veeco Instruments, Inc. *		15,322		426,718
Xperi Corp.		7,029		209,464

				22,951,123

Software - 4.6%
8x8, Inc. *		35,043		509,876
A10 Networks, Inc. *		17,104		144,358
Aspen Technology, Inc. *		22,497		1,243,184
Barracuda Networks, Inc. *		23,972		552,794
BroadSoft, Inc. *		2,909		125,232
Callidus Software, Inc. *		7,613		184,235
CommVault Systems, Inc. *		2,269		128,085
Digimarc Corp. *(a)		4,179		167,787
Ebix, Inc. (a)		15,421		831,192
Ellie Mae, Inc. *		3,680		404,469
Fair Isaac Corp.		3,267		455,453
Gigamon, Inc. *		4,386		172,589
HubSpot, Inc. *		3,968		260,896
Mitek Systems, Inc. *		27,452		230,597
Monotype Imaging Holdings, Inc.		5,625		102,938
Paycom Software, Inc. *		22,745		1,555,985
Paylocity Holding Corp. *		3,207		144,892
Pegasystems, Inc.		24,504		1,429,808
Progress Software Corp.		3,731		115,251
Proofpoint, Inc. *		16,325		1,417,500
PROS Holdings, Inc. *		9,268		253,851
RealPage, Inc. *		27,480		987,906
RingCentral, Inc., Class A *		19,777		722,849
Take-Two Interactive Software, Inc. *		41,351		3,034,336
TiVo Corp.		10,063		187,675
Varonis Systems, Inc. *		9,802		364,634
Zendesk, Inc. *		4,957		137,705
Zix Corp. *		44,752		254,639

				16,120,716

Specialty Retail - 0.6%
Aaron’s, Inc.		2,620		101,918
Big 5 Sporting Goods Corp. (a)		11,260		146,943
Boot Barn Holdings, Inc. *(a)		26,774		189,560
Children’s Place, Inc. (The)		6,148		627,711
Citi Trends, Inc.		7,878		167,171
Haverty Furniture Cos., Inc.		7,500		188,250
Party City Holdco, Inc. *		7,768		121,569


INVESTMENTS	SHARES		VALUE ($)
Specialty Retail - 0.6% (continued)
Pier 1 Imports, Inc.		23,698		122,993
RH *(a)		2,426		156,525
Tile Shop Holdings, Inc.		7,409		152,996
Tilly’s, Inc., Class A		20,376		206,816

				2,182,452

Textiles, Apparel & Luxury Goods - 0.3%
Culp, Inc.		11,894		386,555
Movado Group, Inc.		5,631		142,183
Perry Ellis International, Inc. *		7,211		140,326
Unifi, Inc. *		5,876		180,981
Wolverine World Wide, Inc.		11,591		324,664

				1,174,709

Thrifts & Mortgage Finance - 3.1%
Beneficial Bancorp, Inc.		18,111		271,665
BofI Holding, Inc. *(a)		5,347		126,831
Capitol Federal Financial, Inc.		9,167		130,263
Dime Community Bancshares, Inc.		8,591		168,384
Essent Group Ltd. *		31,534		1,171,173
Federal Agricultural Mortgage Corp., Class C		4,759		307,907
First Defiance Financial Corp.		5,710		300,803
Flagstar Bancorp, Inc. *		12,085		372,460
HomeStreet, Inc. *		8,667		239,859
Kearny Financial Corp.		18,710		277,843
LendingTree, Inc. *(a)		2,633		453,403
Meridian Bancorp, Inc.		29,164		492,872
Meta Financial Group, Inc.		5,656		503,384
MGIC Investment Corp. *		107,507		1,204,078
Nationstar Mortgage Holdings, Inc. *		30,411		544,053
NMI Holdings, Inc., Class A *		21,400		245,030
Northfield Bancorp, Inc.		9,328		159,975
Northwest Bancshares, Inc.		17,308		270,178
Ocwen Financial Corp. *		45,882		123,422
Oritani Financial Corp.		6,634		113,110
Provident Financial Services, Inc.		5,922		150,300
Radian Group, Inc.		66,837		1,092,785
Walker & Dunlop, Inc. *		10,826		528,633
Washington Federal, Inc.		20,844		692,021
Waterstone Financial, Inc.		33,935		639,675
WSFS Financial Corp.		10,598		480,619

				11,060,726

Tobacco - 0.0% (b)
Universal Corp.		2,355		152,369


Trading Companies & Distributors - 1.0%
Aircastle Ltd.		5,512		119,886
Applied Industrial Technologies, Inc.		6,185		365,224
DXP Enterprises, Inc. *		6,458		222,801
H&E Equipment Services, Inc.		8,078		164,872
Kaman Corp.		2,836		141,431
MRC Global, Inc. *		19,609		323,941
Neff Corp., Class A *		9,624		182,856
Rush Enterprises, Inc., Class A *		10,463		389,014
Univar, Inc. *		48,977		1,430,129
Veritiv Corp. *		2,936		132,120

				3,472,274


INVESTMENTS	SHARES		VALUE ($)
Water Utilities - 0.3%
California Water Service Group		3,113		114,558
Connecticut Water Service, Inc.		3,531		196,006
Middlesex Water Co.		8,786		347,926
SJW Group		6,372		313,375

				971,865

Wireless Telecommunication Services - 0.2%
Boingo Wireless, Inc. *		19,566		292,707
Shenandoah Telecommunications Co.		7,042		216,190
Spok Holdings, Inc.		7,837		138,715

				647,612

TOTAL COMMON STOCKS (Cost $268,064,559)				341,253,420


RIGHTS - 0.0% (b)	NO. OF RIGHTS

Biotechnology - 0.0% (b)
Durata Therapeutics, Inc., CVR (3)*(c)		9,900		3,020

Electronic Equipment, Instruments & Components - 0.0%
Gerber Scientific, Inc., CVR (3)*(c)		4,000		—

TOTAL RIGHTS
(Cost $—)				3,020


WARRANT - 0.0%	NO. OF WARRANTS

Diversified Consumer Services - 0.0%
Education Management LLC, expiring 1/5/2022
(Cost $—) (3)*(c)		6,600		—


SHORT-TERM INVESTMENT - 3.0%	SHARES

Investment Company - 3.0%
Limited Purpose Cash Investment Fund, 0.81%
(Cost $10,362,399) (2)(d)		10,363,435		10,362,399


SECURITIES LENDING COLLATERAL - 6.0%

Investment Company - 6.0%
Investments in a Pooled Account through Securities Lending Program with Citibank NA
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84%
(Cost $21,214,784) (2)(d)(e)		21,214,784		21,214,784

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 106.0% (Cost $299,641,742)				372,833,623


LIABILITIES IN EXCESS OF OTHER ASSETS - (6.0)% (f)				(20,976,502	)

NET ASSETS - 100.0%				351,857,121


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	33,422,428		9.5	%
Consumer Staples		6,544,068		1.9
Energy		7,912,627		2.2
Financials		71,094,230		20.2
Health Care		63,201,178		17.9
Industrials		48,789,978		13.9
Information Technology		78,783,328		22.4
Materials		19,615,984		5.6
Real Estate		7,829,461		2.3
Telecommunication Services		1,132,609		0.3
Utilities		2,930,549		0.8
Short-Term Investment		10,362,399		3.0
Securities Lending Collateral		21,214,784		6.0

Total Investments In Securities At Value		372,833,623		106.0
Liabilities in Excess of Other Assets (f)		(20,976,502)		(6.0)

Net Assets	$	351,857,121		100.0	%

All securities are United States companies, unless noted otherwise in parentheses.

*	Non-income producing security.

(a)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $20,523,261.

(b)	Represents less than 0.05% of net assets.

(c)	Security fair valued as of 6/30/2017 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at 6/30/2017 amounted to $3,020, which represents approximately 0.00% of net assets of the fund.

(d)	Represents 7-day effective yield as of 6/30/2017.

(e)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

(f)	Includes appreciation/(depreciation) on futures contracts.

All securities are Level 1 with respect to ASC 820, unless otherwise noted in parentheses.

(2)	Level 2 security (See Note 4).

(3)	Level 3 security (See Note 4).

CVR - Contingent Value Rights

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 97.1%

Australia - 5.4%
AGL Energy Ltd.		35,608		697,792
Alumina Ltd.		187,658		276,404
Amcor Ltd.		37,657		469,121
Aristocrat Leisure Ltd.		67,187		1,164,818
ASX Ltd.		6,715		276,665
Aurizon Holdings Ltd.		34,758		143,165
AusNet Services		141,964		189,286
Australia & New Zealand Banking Group Ltd.		102,324		2,258,464
BHP Billiton plc		260,068		3,984,427
Challenger Ltd.		34,434		353,138
CIMIC Group Ltd.		9,795		292,262
Cochlear Ltd.		4,247		507,250
CSL Ltd.		1,707		181,163
Dexus, REIT		44,703		325,464
Domino’s Pizza Enterprises Ltd.		3,490		139,655
Fortescue Metals Group Ltd.		218,561		874,920
Goodman Group, REIT		54,968		332,215
GPT Group (The), REIT		39,907		146,779
Harvey Norman Holdings Ltd. (a)		42,568		125,001
Incitec Pivot Ltd.		54,550		143,083
Insurance Australia Group Ltd.		33,454		174,350
Macquarie Group Ltd.		11,744		798,637
Medibank Pvt Ltd.		186,007		400,496
Mirvac Group, REIT		73,563		120,293
National Australia Bank Ltd.		91,312		2,077,207
Origin Energy Ltd. *		119,569		630,452
Qantas Airways Ltd.		57,558		252,999
Ramsay Health Care Ltd.		6,027		341,019
REA Group Ltd.		3,516		179,388
SEEK Ltd.		8,938		116,154
South32 Ltd.		475,467		979,227
Stockland, REIT		36,312		122,114
Suncorp Group Ltd.		11,430		130,188
Tabcorp Holdings Ltd.		62,963		211,460
Treasury Wine Estates Ltd.		109,832		1,110,615

				20,525,671

Austria - 0.8%
ANDRITZ AG		8,061		486,343
Erste Group Bank AG *		4,020		153,985
OMV AG		29,529		1,533,815
Raiffeisen Bank International AG *		29,632		747,959
voestalpine AG		5,354		249,549

				3,171,651

Belgium - 0.8%
Ageas		10,441		420,471
KBC Group NV		17,785		1,348,442
Solvay SA		5,383		722,459
Umicore SA		9,784		680,586

				3,171,958

Canada - 6.7%
Agnico Eagle Mines Ltd. (1)		3,059		137,947
Bank of Montreal (1)		21,080		1,547,839
Bank of Nova Scotia (The) (1)		33,248		2,000,059


INVESTMENTS	SHARES		VALUE ($)
Canada - 6.7% (continued)
Bombardier, Inc., Class B (1)*		255,969		465,829
CAE, Inc. (1)		10,652		183,666
Canadian Imperial Bank of Commerce (1)		6,185		502,650
Canadian National Railway Co. (1)		3,378		274,085
Canadian Natural Resources Ltd. (1)		22,793		657,707
Canadian Tire Corp. Ltd., Class A (1)		2,838		322,930
CCL Industries, Inc., Class B (1)		15,895		804,188
CGI Group, Inc., Class A (1)*		5,460		278,979
Constellation Software, Inc. (1)		520		272,034
Dollarama, Inc. (1)		8,606		822,308
Encana Corp. (1)		65,123		572,990
Finning International, Inc. (1)		11,582		227,031
Industrial Alliance Insurance & Financial Services, Inc. (1)		8,511		369,239
International Petroleum Corp. *		14,226		42,215
Manulife Financial Corp. (1)		91,751		1,719,977
Methanex Corp. (1)		6,919		305,454
National Bank of Canada (1)		13,240		556,738
Onex Corp. (1)		4,743		379,681
Open Text Corp. (1)		18,092		571,025
PrairieSky Royalty Ltd. (1)		9,983		227,327
Restaurant Brands International, Inc. (1)		28,055		1,755,385
Rogers Communications, Inc., Class B (1)		4,126		194,878
Royal Bank of Canada (1)		42,074		3,054,972
Saputo, Inc. (1)		7,854		249,828
Seven Generations Energy Ltd., Class A (1)*		15,591		267,024
SNC-Lavalin Group, Inc. (1)		9,274		400,982
Sun Life Financial, Inc. (1)		19,656		702,693
Suncor Energy, Inc. (1)		37,826		1,105,203
Teck Resources Ltd., Class B (1)		42,669		739,666
Thomson Reuters Corp. (1)		9,688		448,541
Toronto-Dominion Bank (The) (1)		45,258		2,280,699
TransCanada Corp. (1)		10,855		517,471
Turquoise Hill Resources Ltd. (1)*		52,331		139,221
West Fraser Timber Co. Ltd. (1)		2,500		118,330

				25,216,791

Chile - 0.1%
Antofagasta plc		16,513		172,280


China - 0.6%
BOC Hong Kong Holdings Ltd.		424,500		2,031,535
Yangzijiang Shipbuilding Holdings Ltd.		116,700		100,844

				2,132,379

Denmark - 1.5%
AP Moller - Maersk A/S, Class B		625		1,258,445
Danske Bank A/S		39,125		1,505,259
DSV A/S		12,376		760,185
Genmab A/S *		5,487		1,169,937
ISS A/S		6,056		237,887
Pandora A/S		1,610		150,253
Tryg A/S		15,092		330,048


INVESTMENTS	SHARES		VALUE ($)
Denmark - 1.5% (continued)
Vestas Wind Systems A/S		2,226		205,610

				5,617,624

Finland - 1.1%
Metso OYJ		11,030		382,718
Neste OYJ		8,110		320,028
Nokian Renkaat OYJ		8,678		359,213
Orion OYJ, Class B		15,064		962,301
Stora Enso OYJ, Class R		38,239		494,127
UPM-Kymmene OYJ		46,133		1,315,469
Wartsila OYJ Abp		3,630		214,669

				4,048,525

France - 9.4%
Accor SA		3,636		170,562
Air Liquide SA		2,890		357,193
Airbus SE		20,862		1,721,647
AXA SA		23,258		636,882
BNP Paribas SA		58,630		4,220,934
Bouygues SA		5,122		215,791
Capgemini SE		10,168		1,050,380
Cie Generale des Etablissements Michelin		4,645		618,222
CNP Assurances		10,550		236,808
Credit Agricole SA		99,377		1,600,800
Danone SA		2,756		206,859
Dassault Systemes SE		13,270		1,190,198
Edenred		7,656		199,708
Essilor International SA		5,156		655,909
Hermes International		2,446		1,208,265
Ingenico Group SA		1,511		137,029
JCDecaux SA		3,627		118,917
Kering		4,497		1,531,282
Legrand SA		2,988		208,806
L’Oreal SA		2,566		535,048
LVMH Moet Hennessy Louis Vuitton SE		14,857		3,715,073
Natixis SA		48,210		323,620
Orange SA		33,131		527,277
Pernod Ricard SA		4,394		588,388
Peugeot SA		11,278		224,767
Safran SA		6,111		560,417
Sanofi		21,143		2,025,922
Schneider Electric SE *		10,401		799,312
SCOR SE		9,686		384,803
SEB SA		620		111,283
Societe BIC SA		1,113		132,159
Societe Generale SA		42,705		2,302,897
Sodexo SA		3,300		426,500
Thales SA		10,677		1,149,105
TOTAL SA		23,560		1,169,684
Valeo SA		12,850		864,534
Veolia Environnement SA		28,559		604,211
Vinci SA		27,859		2,376,414
Vivendi SA		30,525		679,715

				35,787,321

Germany - 9.4%
adidas AG		14,744		2,827,145
Allianz SE (Registered)		18,398		3,630,701
BASF SE		44,390		4,119,796


INVESTMENTS	SHARES		VALUE ($)
Germany - 9.4% (continued)
Bayer AG (Registered)		10,097		1,308,674
Brenntag AG		5,427		314,734
Continental AG		1,180		255,269
Covestro AG (b)		14,786		1,071,897
Deutsche Post AG (Registered)		45,480		1,707,240
Deutsche Wohnen AG		7,397		283,434
Fraport AG Frankfurt Airport Services Worldwide		1,332		117,872
Hannover Rueck SE		8,927		1,072,254
HeidelbergCement AG		8,763		849,475
HOCHTIEF AG		3,615		663,638
HUGO BOSS AG		3,429		240,381
Infineon Technologies AG		110,170		2,340,074
LANXESS AG		11,672		885,207
Merck KGaA		11,302		1,367,528
OSRAM Licht AG		3,010		240,264
RWE AG *		12,701		253,713
SAP SE		46,512		4,868,474
Siemens AG (Registered)		42,014		5,779,193
Symrise AG		3,278		232,575
thyssenkrupp AG		22,606		644,270
Volkswagen AG		1,099		170,692
Zalando SE *(b)		11,683		534,229

				35,778,729

Hong Kong - 3.4%
AIA Group Ltd.		90,200		659,936
ASM Pacific Technology Ltd.		36,900		497,882
Bank of East Asia Ltd. (The)		38,600		165,902
CLP Holdings Ltd.		56,000		592,163
Galaxy Entertainment Group Ltd.		223,000		1,353,455
Hang Lung Group Ltd.		26,000		107,578
Hang Lung Properties Ltd.		85,000		212,427
Hang Seng Bank Ltd.		22,600		472,796
Hong Kong & China Gas Co. Ltd.		77,749		146,221
Hysan Development Co. Ltd.		39,000		186,123
Kerry Properties Ltd.		31,000		105,257
Link REIT		135,500		1,030,754
MTR Corp. Ltd.		79,500		447,373
New World Development Co. Ltd.		435,000		551,403
NWS Holdings Ltd.		109,000		214,369
PCCW Ltd.		302,000		171,631
Power Assets Holdings Ltd.		29,500		260,396
Sands China Ltd.		209,600		959,452
Sino Land Co. Ltd.		134,000		219,543
SJM Holdings Ltd.		263,000		277,116
Sun Hung Kai Properties Ltd.		90,000		1,322,116
Techtronic Industries Co. Ltd.		70,500		323,947
WH Group Ltd. (b)		577,000		582,638
Wharf Holdings Ltd. (The)		122,000		1,009,512
Wheelock & Co. Ltd.		102,000		769,345
Yue Yuen Industrial Holdings Ltd.		44,000		182,490

				12,821,825

Italy - 1.0%
Atlantia SpA		12,192		342,954
Ferrari NV		16,542		1,423,458
Intesa Sanpaolo SpA		85,187		270,964
Leonardo SpA		22,539		375,269
Mediobanca SpA		59,329		586,944


INVESTMENTS	SHARES		VALUE ($)
Italy - 1.0% (continued)
Prysmian SpA		23,402		690,208

				3,689,797

Japan - 21.0%
Aisin Seiki Co. Ltd.		8,900		457,519
Alps Electric Co. Ltd.		22,900		665,207
Amada Holdings Co. Ltd.		14,000		162,395
Asahi Glass Co. Ltd.		15,200		641,939
Asahi Kasei Corp.		73,000		787,547
Bandai Namco Holdings, Inc.		10,200		348,507
Bridgestone Corp.		2,600		112,402
Brother Industries Ltd.		31,100		720,370
Chiba Bank Ltd. (The)		55,000		400,258
Chugoku Bank Ltd. (The)		7,700		115,603
CYBERDYNE, Inc. *(a)		10,500		139,918
Daicel Corp.		9,900		123,738
Dai-ichi Life Holdings, Inc.		93,900		1,704,418
Daikin Industries Ltd.		13,300		1,364,474
Daito Trust Construction Co. Ltd.		1,900		296,012
DeNA Co. Ltd.		21,900		492,212
FamilyMart UNY Holdings Co. Ltd.		4,400		251,970
FANUC Corp.		4,200		812,892
Fast Retailing Co. Ltd.		600		200,655
Fuji Electric Co. Ltd.		61,000		322,645
Fujitsu Ltd.		154,000		1,139,025
Fukuoka Financial Group, Inc.		63,000		300,586
Hikari Tsushin, Inc.		3,600		379,281
Hisamitsu Pharmaceutical Co., Inc.		4,000		191,775
Hitachi Chemical Co. Ltd.		20,000		599,612
Hitachi Construction Machinery Co. Ltd.		20,700		520,732
Hitachi High-Technologies Corp.		9,200		358,275
Hitachi Ltd.		91,000		561,078
Hoshizaki Corp.		3,600		326,631
Hoya Corp.		3,000		156,184
Idemitsu Kosan Co. Ltd.		20,800		591,733
IHI Corp. *		100,000		341,738
Iida Group Holdings Co. Ltd.		6,600		110,164
Inpex Corp.		15,100		145,798
Isuzu Motors Ltd.		17,100		212,337
ITOCHU Corp.		12,000		178,667
JFE Holdings, Inc.		18,500		322,114
Kajima Corp.		52,000		439,484
Kaneka Corp.		21,000		160,722
Kansai Electric Power Co., Inc. (The)		20,500		282,683
Kansai Paint Co. Ltd.		16,700		385,540
Keihan Holdings Co. Ltd.		17,000		108,181
Keikyu Corp.		14,000		168,845
Keyence Corp.		5,280		2,324,403
Kirin Holdings Co. Ltd.		10,400		212,145
Koito Manufacturing Co. Ltd.		14,700		760,145
Komatsu Ltd.		59,100		1,516,946
Konami Holdings Corp.		14,800		823,853
Lion Corp.		28,100		582,847
M3, Inc.		8,200		226,208
Makita Corp.		10,800		399,968
McDonald’s Holdings Co. Japan Ltd.		4,500		172,627
Mebuki Financial Group, Inc.		60,700		226,638
Medipal Holdings Corp.		8,800		163,170


INVESTMENTS	SHARES		VALUE ($)
Japan - 21.0% (continued)
MINEBEA MITSUMI, Inc.		47,600		769,785
MISUMI Group, Inc.		13,200		302,539
Mitsubishi Chemical Holdings Corp.		80,400		669,873
Mitsubishi Corp.		77,000		1,618,619
Mitsubishi Electric Corp.		68,800		995,027
Mitsubishi Gas Chemical Co., Inc.		40,600		862,320
Mitsubishi Motors Corp.		24,900		164,668
Mitsubishi UFJ Financial Group, Inc.		646,400		4,359,999
Mitsui & Co. Ltd.		63,300		906,192
Mitsui Chemicals, Inc.		53,000		282,245
Mitsui OSK Lines Ltd.		95,000		280,526
Mizuho Financial Group, Inc.		574,900		1,054,064
Nabtesco Corp.		9,600		279,975
NH Foods Ltd.		6,000		182,521
Nidec Corp.		12,700		1,304,798
Nintendo Co. Ltd.		7,700		2,577,896
Nippon Paint Holdings Co. Ltd.		20,600		783,722
Nissan Chemical Industries Ltd.		7,800		258,468
Nitori Holdings Co. Ltd.		6,900		923,656
Nitto Denko Corp.		10,200		842,330
Nomura Holdings, Inc.		238,600		1,438,864
Nomura Real Estate Master Fund, Inc., REIT		123		168,101
NSK Ltd.		51,900		653,098
Obayashi Corp.		13,900		163,772
Obic Co. Ltd.		2,200		135,467
Omron Corp.		9,000		391,765
Otsuka Holdings Co. Ltd.		23,000		981,991
Panasonic Corp.		11,500		156,690
Park24 Co. Ltd.		6,400		162,857
Pola Orbis Holdings, Inc.		4,800		126,992
Recruit Holdings Co. Ltd.		81,300		1,399,164
Resona Holdings, Inc.		202,700		1,119,677
Rohm Co. Ltd.		8,200		632,232
Sega Sammy Holdings, Inc.		23,200		312,787
Seiko Epson Corp.		23,200		517,648
Sekisui Chemical Co. Ltd.		14,600		261,974
Sharp Corp. *		302,000		1,119,428
Shimadzu Corp.		12,000		228,662
Shimamura Co. Ltd.		1,000		122,592
Shin-Etsu Chemical Co. Ltd.		27,100		2,466,449
Shinsei Bank Ltd.		121,000		211,963
Shionogi & Co. Ltd.		4,700		262,062
SMC Corp.		1,000		305,692
SoftBank Group Corp.		49,800		4,048,249
Sohgo Security Services Co. Ltd.		2,900		130,906
Sompo Holdings, Inc.		9,100		353,215
Sony Corp.		66,500		2,536,559
Sony Financial Holdings, Inc.		7,000		119,714
Stanley Electric Co. Ltd.		6,600		200,012
Start Today Co. Ltd.		29,200		719,625
Sumitomo Corp.		24,300		316,876
Sumitomo Dainippon Pharma Co. Ltd.		17,100		233,413
Sumitomo Electric Industries Ltd.		14,400		222,774
Sumitomo Heavy Industries Ltd.		94,000		623,749
Sumitomo Metal Mining Co. Ltd.		26,000		347,518
Sumitomo Mitsui Financial Group, Inc.		25,100		980,016


INVESTMENTS	SHARES		VALUE ($)
Japan - 21.0% (continued)
Sundrug Co. Ltd.		4,400		164,130
Suzuki Motor Corp.		27,700		1,319,572
Sysmex Corp.		2,100		125,693
T&D Holdings, Inc.		63,400		969,522
Taiheiyo Cement Corp.		115,000		420,559
Taisei Corp.		23,000		210,371
Taisho Pharmaceutical Holdings Co. Ltd.		1,900		144,769
Terumo Corp.		6,500		256,483
THK Co. Ltd.		6,800		193,795
Toho Co. Ltd.		5,500		169,620
Toho Gas Co. Ltd.		31,000		225,805
Tokio Marine Holdings, Inc.		21,700		903,008
Tokyo Electron Ltd.		12,700		1,716,951
Toppan Printing Co. Ltd.		14,000		153,944
Toray Industries, Inc.		15,000		125,845
TOTO Ltd.		6,800		260,541
Toyoda Gosei Co. Ltd.		4,500		107,827
Toyota Tsusho Corp.		10,500		315,691
Trend Micro, Inc.		2,100		108,534
Tsuruha Holdings, Inc.		1,400		148,769
USS Co. Ltd.		6,400		127,559
Yamada Denki Co. Ltd.		24,800		123,307
Yamaha Corp.		14,700		508,899
Yamaha Motor Co. Ltd.		22,000		570,886
Yaskawa Electric Corp.		26,700		568,498
Yokogawa Electric Corp.		21,800		350,834

				79,394,004

Luxembourg - 0.6%
ArcelorMittal *		74,393		1,687,464
Tenaris SA		48,226		752,988

				2,440,452

Macau - 0.3%
MGM China Holdings Ltd.		192,800		428,752
Wynn Macau Ltd.		231,200		539,867

				968,619

Mexico - 0.2%
Fresnillo plc		39,935		774,130


Netherlands - 5.1%
ABN AMRO Group NV, CVA (b)		29,335		777,139
Altice NV, Class A *		61,553		1,418,144
ASML Holding NV		20,838		2,716,291
EXOR NV		14,025		761,038
ING Groep NV		234,881		4,054,697
Koninklijke DSM NV		11,800		858,244
Koninklijke Philips NV		43,029		1,531,776
NN Group NV		4,467		158,503
Randstad Holding NV		1,916		111,705
Royal Dutch Shell plc, Class B		245,701		6,596,191
Wolters Kluwer NV		11,451		484,297

				19,468,025

Norway - 0.6%
DNB ASA		81,209		1,382,566
Golar LNG Ltd. (3)(c)		2,009		40,908
Norsk Hydro ASA		163,934		907,212

				2,330,686


INVESTMENTS	SHARES		VALUE ($)
Portugal - 0.2%
Galp Energia SGPS SA		25,329		383,830
Jeronimo Martins SGPS SA		24,638		481,027

				864,857

Singapore - 0.9%
Ascendas REIT		142,500		270,002
CapitaLand Commercial Trust, REIT		140,800		169,694
CapitaLand Mall Trust, REIT		113,500		162,774
ComfortDelGro Corp. Ltd.		125,500		209,623
DBS Group Holdings Ltd.		75,800		1,140,849
Genting Singapore plc		347,400		273,705
Global Logistic Properties Ltd.		157,200		326,577
Jardine Cycle & Carriage Ltd.		6,800		218,937
Singapore Telecommunications Ltd.		68,400		193,167
United Overseas Bank Ltd.		17,700		297,159

				3,262,487

South Africa - 0.1%
Mondi plc		10,030		263,004


Spain - 3.8%
Aena SA (b)		6,255		1,221,441
Amadeus IT Group SA		12,772		763,456
Banco Bilbao Vizcaya Argentaria SA		167,015		1,391,227
Banco Santander SA		929,260		6,170,176
Bankinter SA		18,212		168,005
CaixaBank SA		399,320		1,908,900
Grifols SA		16,657		464,416
Industria de Diseno Textil SA		17,470		670,935
Mapfre SA		178,045		623,195
Repsol SA		65,175		999,203

				14,380,954

Sweden - 4.5%
Alfa Laval AB		5,499		112,551
Assa Abloy AB, Class B		9,640		212,480
Atlas Copco AB, Class A		57,969		2,229,012
Boliden AB		44,940		1,228,432
Hexagon AB, Class B		8,094		384,543
Husqvarna AB, Class B		39,551		393,145
Industrivarden AB, Class C		6,317		151,543
Investor AB, Class B		30,092		1,451,835
L E Lundbergforetagen AB, Class B		1,402		110,744
Lundin Petroleum AB *		29,584		570,201
Nordea Bank AB		189,217		2,409,949
Sandvik AB		102,707		1,617,043
Securitas AB, Class B		20,451		344,936
Skandinaviska Enskilda Banken AB, Class A		103,389		1,251,693
Skanska AB, Class B		7,187		170,662
Svenska Handelsbanken AB, Class A		68,973		987,840
Swedbank AB, Class A		67,168		1,639,293
Volvo AB, Class B		109,178		1,861,883

				17,127,785

Switzerland - 5.6%
ABB Ltd. (Registered)		112,678		2,796,793
Cie Financiere Richemont SA (Registered)		25,995		2,151,056
Coca-Cola HBC AG *		15,239		448,164
Dufry AG (Registered) *		2,553		418,974


INVESTMENTS	SHARES		VALUE ($)
Switzerland - 5.6% (continued)
EMS-Chemie Holding AG (Registered)		901		665,307
Geberit AG (Registered)		1,637		764,414
Glencore plc *		723,610		2,711,532
Julius Baer Group Ltd. *		5,022		265,344
LafargeHolcim Ltd. (Registered) *		26,600		1,528,784
Lonza Group AG (Registered) *		3,593		778,302
Partners Group Holding AG		2,850		1,769,595
Schindler Holding AG		2,060		436,747
Sika AG		191		1,226,244
STMicroelectronics NV		80,448		1,156,804
Swatch Group AG (The)		997		368,755
Swiss Life Holding AG (Registered) *		1,339		452,946
Swiss Re AG		2,993		274,287
Wolseley plc		7,753		475,862
Zurich Insurance Group AG		8,211		2,396,372

				21,086,282

United Kingdom - 13.8%
3i Group plc		56,789		667,699
Admiral Group plc		13,052		340,590
Anglo American plc *		96,198		1,285,179
Ashtead Group plc		29,553		611,529
Associated British Foods plc		3,319		127,009
AstraZeneca plc		13,122		878,958
Auto Trader Group plc (b)		55,734		275,959
Aviva plc		36,331		249,208
BAE Systems plc		189,769		1,566,596
Barclays plc		381,169		1,008,106
BP plc		527,458		3,044,580
British American Tobacco plc		106,684		7,269,760
Bunzl plc		15,969		476,074
CNH Industrial NV		81,974		929,647
Compass Group plc		107,117		2,260,985
Croda International plc		4,629		234,424
DCC plc		1,961		178,586
Diageo plc		52,146		1,541,007
Direct Line Insurance Group plc		141,918		657,154
easyJet plc		16,101		285,231
Experian plc		48,579		996,979
Fiat Chrysler Automobiles NV *		117,836		1,244,887
GlaxoSmithKline plc		135,968		2,894,387
Hargreaves Lansdown plc		25,853		438,398
HSBC Holdings plc		929,409		8,626,744
Imperial Brands plc		6,839		307,325
Inmarsat plc		21,388		214,504
InterContinental Hotels Group plc		4,330		240,461
Intertek Group plc		14,454		794,034
ITV plc		218,085		516,222
Kingfisher plc		42,770		167,527
Legal & General Group plc		133,260		448,420
Merlin Entertainments plc (b)		36,725		229,894
National Grid plc		60,345		747,704
Old Mutual plc		78,992		199,287
Petrofac Ltd.		22,750		130,812
Provident Financial plc		3,835		121,633
Prudential plc		17,238		395,677
Randgold Resources Ltd.		2,675		237,368
Reckitt Benckiser Group plc		10,350		1,049,212


INVESTMENTS	SHARES		VALUE ($)
United Kingdom - 13.8% (continued)
Rio Tinto plc		59,677		2,527,430
Rolls-Royce Holdings plc *		13,134		152,336
Royal Mail plc		29,034		159,271
Sage Group plc (The)		75,004		672,107
Schroders plc		3,675		148,602
Severn Trent plc		5,220		148,396
Smith & Nephew plc		18,671		322,420
St James’s Place plc		20,354		313,727
Standard Chartered plc *		173,064		1,752,829
Vodafone Group plc		246,481		699,995
Weir Group plc (The)		16,675		376,352
Whitbread plc		7,536		389,456
WPP plc		37,717		794,195

				52,346,872

United States - 0.1%
QIAGEN NV *		16,306		542,562


Zambia - 0.1%
First Quantum Minerals Ltd. (1)		55,234		467,240

TOTAL COMMON STOCKS (Cost $318,422,066)				367,852,510


SHORT-TERM INVESTMENT - 2.0%

Investment Company - 2.0%
Limited Purpose Cash Investment Fund, 0.81%
(Cost $7,466,500) (d)		7,467,247		7,466,500


SECURITIES LENDING COLLATERAL - 0.0% (e)

Investment Company - 0.0% (e)
Investments in a Pooled Account through Securities Lending Program with Citibank NA
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84%
(Cost $130,832) (d)(f)		130,832		130,832

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 99.1% (Cost $326,019,398)				375,449,842


OTHER ASSETS IN EXCESS OF LIABILITIES - 0.9% (g)				3,501,806

NET ASSETS - 100.0%				378,951,648


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	47,915,415		12.6	%
Consumer Staples		16,166,255		4.3
Energy		20,300,159		5.4
Financials		104,756,688		27.5
Health Care		17,282,415		4.6
Industrials		64,020,664		16.9
Information Technology		31,488,145		8.3
Materials		46,807,467		12.4
Real Estate		8,237,517		2.2
Telecommunication Services		6,729,415		1.8
Utilities		4,148,370		1.1
Short-Term Investment		7,466,500		2.0
Securities Lending Collateral		130,832		0.0(e)

Total Investments In Securities At Value		375,449,842		99.1
Other Assets in Excess of Liabilities (g)		3,501,806		0.9

Net Assets	$	378,951,648		100.0	%

*	Non-income producing security.

(a)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $124,410.

(b)

Securities exempt from registration under Rule 144A or section 4(2), of the Securities Act of 1933. Under procedures approved by the Board of Trustees, such securities have been determined to be liquid by the investment adviser and may be resold, normally to qualified institutional buyers in transactions exempt from registration. Total value of all such securities at 6/30/2017 amounted to $4,693,197, which represents approximately 1.24% of net assets of the fund.

(c)	Security fair valued as of 6/30/2017 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at 6/30/2017 amounted to $40,908, which represents approximately 0.01% of net assets of the fund.

(d)	Represents 7-day effective yield as of 6/30/2017.

(e)	Represents less than 0.05% of net assets.

(f)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

(g)	Includes appreciation/(depreciation) on futures contracts.

All securities are Level 2 with respect to ASC 820, unless otherwise noted in parentheses.

(1)	Level 1 security (See Note 4).

(3)	Level 3 security (See Note 4).

Abbreviations

CVA - Dutch Certification

OYJ - Public Traded Company

REIT - Real Estate Investment Trust

SGPS - Sociedade Gestora de Participacões Sociais

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 96.9%

Brazil - 10.1%
AES Tiete SA (1)		1,400		5,777
Banco Bradesco SA, ADR (1)*		11,988		101,898
Banco do Brasil SA (1)*		5,900		47,764
Banco Santander Brasil SA, ADR (1)		5,996		45,150
BB Seguridade Participacoes SA (1)		2,900		25,053
BM&FBovespa SA - Bolsa de Valores Mercadorias e Futuros (1)*		9,400		55,641
BR Malls Participacoes SA (1)		3,220		11,605
Braskem SA (Preference), Class A (1)		2,600		26,935
CCR SA (1)		5,700		29,043
Centrais Eletricas Brasileiras SA (1)*		5,100		19,212
Cia Brasileira de Distribuicao, ADR (1)*(a)		605		11,828
Cia de Saneamento Basico do Estado de Sao Paulo, ADR (1)*		1,948		18,545
Cia Energetica de Minas Gerais, ADR (1)		7,810		18,744
Cia Paranaense de Energia, ADR (1)		555		4,074
Cia Siderurgica Nacional SA (1)*		3,200		6,955
Cosan SA Industria e Comercio (1)		1,900		19,781
Duratex SA (1)		1,500		3,672
EDP - Energias do Brasil SA (1)*		3,300		14,065
Equatorial Energia SA (1)		2,300		37,768
Gerdau SA (Preference) (1)		10,300		32,023
Hypermarcas SA (1)		1,300		10,874
Itau Unibanco Holding SA, ADR (1)		12,749		140,876
Itausa - Investimentos Itau SA (Preference) (1)		14,000		38,118
Kroton Educacional SA (1)		2,800		12,542
Localiza Rent a Car SA (1)*		1,995		27,267
Lojas Americanas SA (Preference) (1)*		1,540		6,461
Lojas Renner SA (1)*		2,860		23,741
M Dias Branco SA (1)*		1,800		26,922
Multiplan Empreendimentos Imobiliarios SA (1)*		600		11,823
Petroleo Brasileiro SA (Preference) (1)*		29,600		111,059
Qualicorp SA (1)		3,400		29,608
Raia Drogasil SA (1)*		2,500		53,201
Rumo SA (1)*		7,100		18,495
Sul America SA (1)		4,997		26,773
Telefonica Brasil SA, ADR (1)		1,569		21,166
TIM Participacoes SA, ADR (1)		1,102		16,310
Ultrapar Participacoes SA (1)		300		7,090
Vale SA (Preference) (1)*		13,700		111,406
WEG SA (1)		2,300		12,302

				1,241,567


Chile - 1.7%
Banco de Chile, ADR (1)		185		14,417
Banco Santander Chile, ADR (1)		1,424		36,184
Cencosud SA (1)		6,142		16,349
Cia Cervecerias Unidas SA, ADR (1)		238		6,245
Embotelladora Andina SA (Preference), Class B (1)		2,599		11,016
Empresa Nacional de Telecomunicaciones SA (1)		487		5,295
Enel Americas SA, ADR (1)		2,820		26,593
Latam Airlines Group SA, ADR (1)		3,470		38,413


INVESTMENTS	SHARES		VALUE ($)
Chile - 1.7% (continued)
SACI Falabella (1)		852		6,978
Sociedad Quimica y Minera de Chile SA, ADR (1)		1,319		43,553

				205,043

China - 40.1%
AAC Technologies Holdings, Inc.		7,000		87,438
Agricultural Bank of China Ltd., Class H *		651,000		307,675
Air China Ltd., Class H		14,000		14,430
Aluminum Corp. of China Ltd., Class H *		60,000		30,720
Anhui Conch Cement Co. Ltd., Class H		14,000		48,655
ANTA Sports Products Ltd.		9,000		29,733
Bank of China Ltd., Class H *		410,000		201,050
Bank of Communications Co. Ltd., Class H		144,000		101,588
Beijing Capital International Airport Co. Ltd., Class H		6,000		8,451
Beijing Enterprises Water Group Ltd.		40,000		31,041
Brilliance China Automotive Holdings Ltd.		28,000		50,997
BYD Co. Ltd., Class H		1,000		6,136
China Cinda Asset Management Co. Ltd., Class H		95,000		35,406
China Coal Energy Co. Ltd., Class H		15,000		7,262
China Communications Construction Co. Ltd., Class H		13,000		16,745
China Communications Services Corp. Ltd., Class H		28,000		16,129
China Construction Bank Corp., Class H		529,000		411,375
China Everbright International Ltd.		15,000		18,708
China Evergrande Group *(a)		25,000		44,850
China Galaxy Securities Co. Ltd., Class H		18,000		16,135
China Huarong Asset Management Co. Ltd., Class H (a)(b)		43,000		16,677
China Jinmao Holdings Group Ltd.		12,000		4,945
China Life Insurance Co. Ltd., Class H		83,000		253,653
China Medical System Holdings Ltd.		12,000		20,749
China Mengniu Dairy Co. Ltd. *		11,000		21,568
China Merchants Bank Co. Ltd., Class H		51,000		153,682
China National Building Material Co. Ltd., Class H		24,000		14,254
China Petroleum & Chemical Corp., Class H		124,000		97,092
China Railway Construction Corp. Ltd., Class H		18,500		24,117
China Railway Group Ltd., Class H		28,000		22,053
China Resources Beer Holdings Co. Ltd.		16,000		40,351
China Resources Gas Group Ltd.		4,000		13,642
China Resources Land Ltd.		4,000		11,653
China Shenhua Energy Co. Ltd., Class H		55,500		123,480
China Vanke Co. Ltd., Class H *		5,900		16,689
Chongqing Rural Commercial Bank Co. Ltd., Class H		24,000		16,186
CITIC Securities Co. Ltd., Class H		4,000		8,273
Country Garden Holdings Co. Ltd.		76,000		88,158
CSPC Pharmaceutical Group Ltd.		26,000		37,976
Dongfeng Motor Group Co. Ltd., Class H		4,000		4,727
Far East Horizon Ltd.		24,000		20,937
Fuyao Glass Industry Group Co. Ltd., Class H (b)		8,400		32,156


INVESTMENTS	SHARES		VALUE ($)
China - 40.1% (continued)
Geely Automobile Holdings Ltd.		55,000		118,541
GF Securities Co. Ltd., Class H		4,400		8,843
Great Wall Motor Co. Ltd., Class H		44,000		54,302
Guangdong Investment Ltd.		4,000		5,513
Guangzhou Automobile Group Co. Ltd., Class H		30,000		52,617
Guangzhou R&F Properties Co. Ltd., Class H		17,200		26,747
Haitian International Holdings Ltd.		8,000		22,421
Haitong Securities Co. Ltd., Class H		16,400		26,515
Hanergy Thin Film Power Group Ltd. (3)*(c)		86,000		—
Huatai Securities Co. Ltd., Class H *(b)		4,000		7,687
Industrial & Commercial Bank of China Ltd., Class H *		774,000		522,359
Jiangsu Expressway Co. Ltd., Class H		6,000		8,465
Jiangxi Copper Co. Ltd., Class H		13,000		21,334
Kingsoft Corp. Ltd.		2,000		5,206
Longfor Properties Co. Ltd.		11,500		24,696
New China Life Insurance Co. Ltd., Class H		12,800		65,124
Ping An Insurance Group Co. of China Ltd., Class H		30,500		200,916
Semiconductor Manufacturing International Corp. *		3,500		4,054
Shanghai Fosun Pharmaceutical Group Co. Ltd., Class H *		8,000		31,010
Shanghai Industrial Holdings Ltd.		9,000		26,624
Shanghai Pharmaceuticals Holding Co. Ltd., Class H		10,500		31,272
Shenzhou International Group Holdings Ltd.		5,000		32,877
Sinopec Engineering Group Co. Ltd., Class H		7,500		6,757
Sinopec Shanghai Petrochemical Co. Ltd., Class H		52,000		27,827
SOHO China Ltd. *		20,500		10,113
Sunac China Holdings Ltd. (a)		18,000		37,604
Sunny Optical Technology Group Co. Ltd.		5,000		44,775
Tencent Holdings Ltd.		23,800		853,824
TravelSky Technology Ltd., Class H		15,000		44,183
Weichai Power Co. Ltd., Class H		34,000		29,712
Yanzhou Coal Mining Co. Ltd., Class H *		26,000		23,307
Zhejiang Expressway Co. Ltd., Class H		8,000		10,450
Zhuzhou CRRC Times Electric Co. Ltd., Class H		1,000		4,905
ZTE Corp., Class H *		3,400		8,110

				4,926,232

Hong Kong - 0.9%
Fullshare Holdings Ltd. *(a)		52,500		20,958
Haier Electronics Group Co. Ltd. *		7,000		18,199
Nine Dragons Paper Holdings Ltd.		28,000		37,287
Shimao Property Holdings Ltd.		6,000		10,262
Sino Biopharmaceutical Ltd.		6,000		5,306
Sun Art Retail Group Ltd.		21,000		16,716

				108,728


INVESTMENTS	SHARES		VALUE ($)
Hungary - 1.1%
MOL Hungarian Oil & Gas plc		604		47,439
OTP Bank plc		1,704		57,032
Richter Gedeon Nyrt		1,001		26,170

				130,641

India - 2.4%
Axis Bank Ltd., GDR		472		18,800
ICICI Bank Ltd., ADR (1)		1,694		15,195
Larsen & Toubro Ltd., GDR		2,119		54,698
Reliance Industries Ltd., GDR *(b)		2,375		100,640
State Bank of India, GDR		1,751		74,442
Tata Motors Ltd., ADR (1)		802		26,474

				290,249

Indonesia - 3.0%
Adaro Energy Tbk. PT		240,600		28,465
Astra International Tbk. PT		87,400		58,558
Bank Central Asia Tbk. PT		35,000		47,734
Bank Danamon Indonesia Tbk. PT		36,900		14,131
Bank Negara Indonesia Persero Tbk. PT		44,000		21,635
Bank Rakyat Indonesia Persero Tbk. PT		28,500		32,520
Indofood CBP Sukses Makmur Tbk. PT		11,300		7,467
Indofood Sukses Makmur Tbk. PT		5,600		3,616
Pakuwon Jati Tbk. PT		258,000		11,895
Telekomunikasi Indonesia Persero Tbk. PT		264,500		89,822
Unilever Indonesia Tbk. PT		2,100		7,683
United Tractors Tbk. PT		17,800		36,636
Waskita Karya Persero Tbk. PT		51,500		8,949

				369,111

Malaysia - 0.8%
AirAsia Bhd.		47,800		36,187
Dialog Group Bhd.		9,500		4,249
Felda Global Ventures Holdings Bhd.		22,000		8,770
Genting Malaysia Bhd.		25,500		32,668
HAP Seng Consolidated Bhd.		7,600		16,353

				98,227

Mexico - 2.3%
America Movil SAB de CV, Class L, ADR (1)		2,254		35,884
Cemex SAB de CV, ADR (1)*		6,953		65,497
Grupo Aeroportuario del Pacifico SAB de CV, Class B (1)		2,100		23,650
Grupo Aeroportuario del Sureste SAB de CV, ADR (1)		139		29,246
Grupo Financiero Banorte SAB de CV, Class O (1)		2,600		16,531
Grupo Mexico SAB de CV, Series B (1)		21,200		59,656
Industrias Penoles SAB de CV (1)		630		14,216
Infraestructura Energetica Nova SAB de CV (1)		2,300		12,261
Mexichem SAB de CV (1)		8,100		21,744

				278,685

Peru - 1.3%
Cia de Minas Buenaventura SAA, ADR (1)		1,145		13,167
Credicorp Ltd. (1)		248		44,489
Southern Copper Corp. (1)		2,938		101,743

				159,399


INVESTMENTS	SHARES		VALUE ($)
Poland - 2.6%
Alior Bank SA *		330		5,497
Bank Millennium SA *		2,095		4,212
Bank Zachodni WBK SA		172		15,880
CCC SA		445		27,001
Grupa Lotos SA *		1,632		22,470
Jastrzebska Spolka Weglowa SA *		1,508		30,102
KGHM Polska Miedz SA		1,465		43,698
mBank SA *		70		8,727
Polski Koncern Naftowy ORLEN SA		1,477		44,614
Polskie Gornictwo Naftowe i Gazownictwo SA		11,920		20,336
Powszechna Kasa Oszczednosci Bank Polski SA *		3,188		29,640
Powszechny Zaklad Ubezpieczen SA		3,406		40,980
Synthos SA		17,755		23,232
Tauron Polska Energia SA *		11,086		10,711

				327,100

Russia - 0.6%
MMC Norilsk Nickel PJSC, ADR		265		3,654
Mobile TeleSystems PJSC, ADR (1)		1,598		13,391
PhosAgro PJSC, GDR		631		8,374
Severstal PJSC, GDR		2,682		35,158
Sistema PJSC FC, GDR		792		3,313
Tatneft PJSC, ADR		326		12,291

				76,181

South Africa - 2.5%
Bidvest Group Ltd. (The)		2,733		32,912
Capitec Bank Holdings Ltd.		452		28,676
Exxaro Resources Ltd.		2,579		18,323
Foschini Group Ltd. (The)		436		4,575
Hyprop Investments Ltd., REIT		481		4,292
Imperial Holdings Ltd.		960		11,787
Mondi Ltd.		137		3,548
Naspers Ltd., Class N		56		11,028
Nedbank Group Ltd.		1,382		22,067
PSG Group Ltd.		1,297		23,790
Sappi Ltd.		4,065		27,052
Shoprite Holdings Ltd.		1,345		20,509
Standard Bank Group Ltd.		4,663		51,352
Steinhoff International Holdings NV		1,552		7,952
Telkom SA SOC Ltd.		3,589		16,883
Tiger Brands Ltd.		779		21,902
Tsogo Sun Holdings Ltd.		3,183		5,454

				312,102

South Korea - 12.0%
Amorepacific Corp.		16		4,249
Celltrion, Inc. *		262		26,348
CJ Corp.		22		3,644
CJ E&M Corp.		62		4,110
Coway Co. Ltd.		47		4,271
Daelim Industrial Co. Ltd.		60		4,669
Dongbu Insurance Co. Ltd.		98		5,824
E-MART, Inc.		36		7,376
GS Engineering & Construction Corp. *		141		3,755
GS Holdings Corp.		197		11,742
Hana Financial Group, Inc.		1,237		48,852


INVESTMENTS	SHARES		VALUE ($)
South Korea - 12.0% (continued)
Hankook Tire Co. Ltd.		125		6,948
Hanwha Chemical Corp.		459		12,112
Hanwha Techwin Co. Ltd. *		140		5,443
Hyosung Corp.		150		21,966
Hyundai Construction Equipment Co. Ltd. *		13		3,909
Hyundai Development Co.-Engineering & Construction		177		7,270
Hyundai Electric & Energy System Co. Ltd. *		13		3,539
Hyundai Engineering & Construction Co. Ltd.		158		6,365
Hyundai Heavy Industries Co. Ltd. *		206		31,850
Hyundai Marine & Fire Insurance Co. Ltd.		303		10,422
Hyundai Robotics Co. Ltd. *		43		14,526
Hyundai Steel Co.		96		5,214
KB Financial Group, Inc.		1,256		63,416
Korea Aerospace Industries Ltd.		162		8,067
Korea Gas Corp. *		139		6,465
Kumho Petrochemical Co. Ltd.		107		6,885
LG Display Co. Ltd.		508		16,430
LG Electronics, Inc.		92		6,454
LG Innotek Co. Ltd.		78		11,253
LG Uplus Corp.		737		10,051
Lotte Chemical Corp.		68		20,466
NAVER Corp.		70		51,312
NCSoft Corp.		50		16,585
NH Investment & Securities Co. Ltd.		1,221		15,842
POSCO		322		80,658
Samsung Card Co. Ltd.		169		5,774
Samsung Electro-Mechanics Co. Ltd.		96		8,570
Samsung Electronics Co. Ltd.		323		672,751
Samsung Life Insurance Co. Ltd.		38		3,885
Samsung SDI Co. Ltd.		120		18,015
Shinhan Financial Group Co. Ltd.		210		9,061
SK Holdings Co. Ltd.		39		9,480
SK Hynix, Inc.		2,190		128,947
SK Innovation Co. Ltd.		135		18,697
S-Oil Corp.		144		11,931
Woori Bank		1,538		24,775

				1,480,174

Taiwan - 10.5%
Acer, Inc. *		12,000		6,286
Advantech Co. Ltd.		1,317		9,323
AU Optronics Corp.		61,000		27,843
Catcher Technology Co. Ltd.		2,000		23,837
Cathay Financial Holding Co. Ltd. *		52,600		86,581
Chailease Holding Co. Ltd.		15,960		44,458
China Life Insurance Co. Ltd.		41,512		41,383
China Steel Corp.		30,000		24,395
Chunghwa Telecom Co. Ltd.		7,000		24,832
CTBC Financial Holding Co. Ltd. *		15,832		10,377
Delta Electronics, Inc.		1,000		5,470
E.Sun Financial Holding Co. Ltd.		15,448		9,493
Eclat Textile Co. Ltd.		1,040		12,653
First Financial Holding Co. Ltd.		26,198		17,518
Formosa Chemicals & Fibre Corp.		14,000		43,921
Formosa Petrochemical Corp.		13,000		44,835


INVESTMENTS	SHARES		VALUE ($)
Taiwan - 10.5% (continued)
Formosa Plastics Corp.		17,000		51,792
Foxconn Technology Co. Ltd.		5,000		15,080
Fubon Financial Holding Co. Ltd. *		50,000		79,566
Highwealth Construction Corp. *		8,800		14,566
Hiwin Technologies Corp.		2,000		13,491
Hon Hai Precision Industry Co. Ltd.		34,441		132,391
Innolux Corp.		23,000		12,009
Inventec Corp.		8,000		6,516
Lite-On Technology Corp.		11,034		18,111
Micro-Star International Co. Ltd. *		7,000		16,248
Nanya Technology Corp.		8,000		14,392
Pegatron Corp.		6,000		18,769
Pou Chen Corp.		7,000		9,680
Powertech Technology, Inc. *		8,000		24,678
President Chain Store Corp.		1,000		8,985
Quanta Computer, Inc.		8,000		18,924
Realtek Semiconductor Corp.		2,000		7,194
Shin Kong Financial Holding Co. Ltd.		106,000		28,195
Standard Foods Corp.		2,440		6,552
Taiwan Mobile Co. Ltd. *		5,000		18,821
Taiwan Semiconductor Manufacturing Co. Ltd., ADR (1)		7,701		269,227
Uni-President Enterprises Corp.		7,000		14,030
Vanguard International Semiconductor Corp. *		2,000		3,943
Wistron Corp.		24,000		24,396
WPG Holdings Ltd.		6,000		8,004
Yuanta Financial Holding Co. Ltd.		42,000		18,505

				1,287,270

Thailand - 4.6%
Airports of Thailand PCL, NVDR		25,200		35,013
Bangkok Expressway & Metro PCL, NVDR		118,600		25,994
Banpu PCL, NVDR		44,100		21,534
Berli Jucker PCL, NVDR		10,300		14,463
Bumrungrad Hospital PCL, NVDR		900		4,542
Central Pattana PCL, NVDR		13,200		26,889
Charoen Pokphand Foods PCL, NVDR		24,100		17,584
CP ALL PCL, NVDR		31,200		57,598
Electricity Generating PCL, NVDR		600		3,779
Energy Absolute PCL, NVDR		6,000		6,089
Home Product Center PCL, NVDR		37,400		10,561
Indorama Ventures PCL, NVDR		24,000		26,829
IRPC PCL, NVDR		162,600		25,585
Kasikornbank PCL, NVDR		4,000		23,352
KCE Electronics PCL, NVDR		3,400		10,851
Krung Thai Bank PCL, NVDR		10,300		5,696
Minor International PCL, NVDR		3,660		4,333
PTT Exploration & Production PCL, NVDR		9,800		24,854
PTT Global Chemical PCL, NVDR		17,400		35,065
PTT PCL, NVDR		8,000		87,061
Robinson PCL, NVDR		4,900		8,396
Siam Cement PCL (The), NVDR		4,050		60,066
Siam Commercial Bank PCL (The), NVDR		3,000		13,716
Thai Oil PCL, NVDR		8,100		18,829

				568,679

Turkey - 0.4%
Arcelik A/S		897		6,642
Eregli Demir ve Celik Fabrikalari TAS		13,786		27,616
Petkim Petrokimya Holding A/S		3,034		5,226


INVESTMENTS	SHARES		VALUE ($)
Turkey - 0.4% (continued)
Tofas Turk Otomobil Fabrikasi A/S		430		3,532
Tupras Turkiye Petrol Rafinerileri A/S		132		3,798
Turkiye Sise ve Cam Fabrikalari A/S		6,403		8,371

				55,185

TOTAL COMMON STOCKS (Cost $9,768,210)				11,914,573


EXCHANGE TRADED FUND - 1.9%

United States - 1.9%
iShares MSCI Emerging Markets Fund
(Cost $204,419) (1)		5,531		228,928


SHORT-TERM INVESTMENT - 1.4%

Investment Company - 1.4%
Limited Purpose Cash Investment Fund, 0.81%
(Cost $169,584) (d)		169,601		169,584


SECURITIES LENDING COLLATERAL - 1.0%

Investment Company - 1.0%
Investments in a Pooled Account through Securities Lending Program with Citbank NA
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84%
(Cost $126,441) (d)(e)		126,441		126,441

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 101.2% (Cost $10,268,654)				12,439,526


LIABILITIES IN EXCESS OF OTHER ASSETS - (1.2)%				(144,383)

NET ASSETS - 100.0%				12,295,143


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	713,087		5.8	%
Consumer Staples		390,520		3.2
Energy		999,489		8.1
Financials		4,274,901		34.8
Health Care		223,853		1.8
Industrials		726,675		5.9
Information Technology		2,659,471		21.6
Materials		1,277,676		10.4
Real Estate		377,745		3.1
Telecommunication Services		271,896		2.2
Utilities		228,188		1.9
Short-Term Investment		169,584		1.4
Securities Lending Collateral		126,441		1.0

Total Investments In Securities At Value		12,439,526		101.2
Liabilities in Excess of Other Assets		(144,383)		(1.2)

Net Assets	$	12,295,143		100.0	%

*	Non-income producing security.

(a)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $118,783.

(b)

Securities exempt from registration under Rule 144A or section 4(2), of the Securities Act of 1933. Under procedures approved by the Board of Trustees, such securities have been determined to be liquid by the investment adviser and may be resold, normally to qualified institutional buyers in transactions exempt from registration. Total value of all such securities at 6/30/2017 amounted to $157,160, which represents approximately 1.28% of net assets of the fund.

(c)	Security fair valued as of 6/30/2017 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at 6/30/2017 amounted to $0, which represents approximately 0.00% of net assets of the fund.

(d)	Represents 7-day effective yield as of 6/30/2017.

(e)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

All securities are Level 2 with respect to ASC 820, unless otherwise noted in parentheses.

(1)	Level 1 security (See Note 4).

(3)	Level 3 security (See Note 4).

ADR - American Depositary Receipt

GDR - Global Depositary Receipt

NVDR - Non-Voting Depositary Receipt

PJSC - Public Joint Stock Company

REIT - Real Estate Investment Trust


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 97.3%

Aerospace & Defense - 3.7%
Boeing Co. (The)		721		142,578
BWX Technologies, Inc.		1,788		87,165
General Dynamics Corp.		5,655		1,120,255
Huntington Ingalls Industries, Inc.		1,500		279,240
Lockheed Martin Corp.		6,291		1,746,445
Northrop Grumman Corp.		5,646		1,449,385
Raytheon Co.		6,276		1,013,448
Textron, Inc.		2,100		98,910

				5,937,426

Air Freight & Logistics - 0.6%
FedEx Corp.		2,588		562,450
United Parcel Service, Inc., Class B		3,145		347,806

				910,256

Airlines - 1.0%
Alaska Air Group, Inc.		2,312		207,525
Delta Air Lines, Inc.		7,213		387,627
JetBlue Airways Corp. *		8,441		192,708
Southwest Airlines Co.		9,757		606,300
Spirit Airlines, Inc. *		1,036		53,509
United Continental Holdings, Inc. *		2,546		191,587

				1,639,256

Auto Components - 0.1%
Delphi Automotive plc		862		75,555
Goodyear Tire & Rubber Co. (The)		3,168		110,753

				186,308

Automobiles - 0.3%
Tesla, Inc. *		288		104,144
Thor Industries, Inc.		3,683		384,947

				489,091

Banks - 11.4%
Bank of America Corp.		167,338		4,059,620
Citigroup, Inc.		32,611		2,181,024
Citizens Financial Group, Inc.		46,858		1,671,894
Comerica, Inc.		9,741		713,431
Cullen/Frost Bankers, Inc.		673		63,201
Fifth Third Bancorp		12,279		318,763
First Republic Bank		4,040		404,404
Huntington Bancshares, Inc.		36,908		498,996
JPMorgan Chase & Co.		30,868		2,821,335
KeyCorp		40,665		762,062
Popular, Inc.		5,959		248,550
Regions Financial Corp.		125,883		1,842,927
Signature Bank *		1,700		244,001
SVB Financial Group *		1,998		351,228
TCF Financial Corp.		35,523		566,237
Western Alliance Bancorp *		7,022		345,482
Zions Bancorp		28,133		1,235,320

				18,328,475

Beverages - 1.3%
Constellation Brands, Inc., Class A		4,163		806,498
Dr Pepper Snapple Group, Inc.		5,100		464,661
Molson Coors Brewing Co., Class B		1,513		130,633


INVESTMENTS	SHARES		VALUE ($)
Beverages - 1.3% (continued)
Monster Beverage Corp. *		4,800		238,464
PepsiCo, Inc.		4,058		468,658

				2,108,914

Biotechnology - 1.1%
AbbVie, Inc.		2,036		147,630
ACADIA Pharmaceuticals, Inc. *		9,135		254,775
Amgen, Inc.		901		155,179
BioMarin Pharmaceutical, Inc. *		864		78,469
Celgene Corp. *		660		85,714
Incyte Corp. *		3,785		476,569
Regeneron Pharmaceuticals, Inc. *		635		311,874
Seattle Genetics, Inc. *		3,959		204,839
Vertex Pharmaceuticals, Inc. *		393		50,646

				1,765,695

Building Products - 0.6%
AO Smith Corp.		5,764		324,686
Fortune Brands Home & Security, Inc.		3,768		245,824
Lennox International, Inc.		462		84,842
Masco Corp.		4,334		165,602
USG Corp. *		3,769		109,377

				930,331

Capital Markets - 4.5%
BlackRock, Inc.		365		154,180
CBOE Holdings, Inc.		1,623		148,342
Charles Schwab Corp. (The)		19,657		844,465
CME Group, Inc.		4,272		535,025
ETRADE Financial Corp.		15,352		583,836
Goldman Sachs Group, Inc. (The)		6,013		1,334,285
Interactive Brokers Group, Inc., Class A		2,788		104,327
Intercontinental Exchange, Inc.		4,335		285,763
LPL Financial Holdings, Inc.		9,563		406,045
MarketAxess Holdings, Inc.		314		63,145
Moody’s Corp.		2,313		281,446
Morgan Stanley		36,913		1,644,843
Northern Trust Corp.		2,636		256,246
Raymond James Financial, Inc.		1,908		153,060
S&P Global, Inc.		2,820		411,692

				7,206,700

Chemicals - 1.1%
Air Products & Chemicals, Inc.		1,700		243,202
Albemarle Corp.		1,374		145,012
Dow Chemical Co. (The)		2,240		141,277
Ecolab, Inc.		2,147		285,014
Platform Specialty Products Corp. *		22,444		284,590
PPG Industries, Inc.		3,826		420,707
Sherwin-Williams Co. (The)		961		337,272

				1,857,074

Communications Equipment - 1.8%
Arista Networks, Inc. *		3,977		595,715
Cisco Systems, Inc.		47,111		1,474,575
CommScope Holding Co., Inc. *		5,340		203,080
EchoStar Corp., Class A *		1,306		79,274
F5 Networks, Inc. *		1,500		190,590


INVESTMENTS	SHARES		VALUE ($)
Communications Equipment - 1.8% (continued)
Juniper Networks, Inc.		7,300		203,524
Palo Alto Networks, Inc. *		1,100		147,191

				2,893,949


Construction & Engineering - 0.1%
Quanta Services, Inc. *		5,017		165,160

Construction Materials - 0.4%
Eagle Materials, Inc.		1,342		124,027
Martin Marietta Materials, Inc.		681		151,577
Vulcan Materials Co.		2,710		343,303

				618,907

Consumer Finance - 0.4%
Discover Financial Services		3,539		220,090
Navient Corp.		7,056		117,482
Santander Consumer USA Holdings, Inc. *		18,692		238,510
SLM Corp. *		7,967		91,621

				667,703

Containers & Packaging - 0.1%
Ball Corp.		2,800		118,188
Berry Global Group, Inc. *		1,537		87,624

				205,812

Distributors - 0.0% (a)
LKQ Corp. *		2,515		82,869


Diversified Consumer Services - 0.1%
ServiceMaster Global Holdings, Inc. *		2,514		98,524


Diversified Financial Services - 0.0% (a)
Berkshire Hathaway, Inc., Class B *		365		61,820


Diversified Telecommunication Services - 0.3%
AT&T, Inc.		10,871		410,163
Zayo Group Holdings, Inc. *		2,420		74,778

				484,941

Electric Utilities - 0.8%
American Electric Power Co., Inc.		3,727		258,915
Edison International		5,703		445,917
PG&E Corp.		4,449		295,280
Xcel Energy, Inc.		5,700		261,516

				1,261,628

Electrical Equipment - 0.5%
Acuity Brands, Inc.		600		121,968
Eaton Corp. plc		2,886		224,617
Rockwell Automation, Inc.		2,600		421,096

				767,681

Electronic Equipment, Instruments & Components - 0.5%
Cognex Corp.		3,523		299,103
Corning, Inc.		11,812		354,951
Dolby Laboratories, Inc., Class A		1,816		88,911

				742,965

Energy Equipment & Services - 0.6%
Halliburton Co.		1,100		46,981
Helmerich & Payne, Inc.		999		54,286


INVESTMENTS	SHARES		VALUE ($)
Energy Equipment & Services - 0.6% (continued)
Nabors Industries Ltd.		5,561		45,267
Patterson-UTI Energy, Inc.		12,486		252,092
RPC, Inc. (b)		9,564		193,288
Transocean Ltd. *		50,923		419,096

				1,011,010

Equity Real Estate Investment Trusts (REITs) - 1.9%
American Tower Corp.		4,395		581,547
AvalonBay Communities, Inc.		3,937		756,573
Colony NorthStar, Inc., Class A		3,748		52,809
CyrusOne, Inc.		1,564		87,193
Digital Realty Trust, Inc.		4,081		460,949
Equinix, Inc.		463		198,701
Essex Property Trust, Inc.		1,200		308,724
Extra Space Storage, Inc.		1,500		117,000
Public Storage		1,980		412,889
Realty Income Corp.		1,500		82,770
UDR, Inc.		2,100		81,837

				3,140,992

Food & Staples Retailing - 0.4%
Costco Wholesale Corp.		1,999		319,700
Kroger Co. (The)		6,800		158,576
Sysco Corp.		1,418		71,368
Walgreens Boots Alliance, Inc.		1,551		121,459

				671,103

Food Products - 0.6%
Archer-Daniels-Midland Co.		2,109		87,270
Blue Buffalo Pet Products, Inc. *		3,011		68,681
Conagra Brands, Inc.		1,869		66,835
Mondelez International, Inc., Class A		5,871		253,569
Pilgrim’s Pride Corp. *		3,191		69,947
Pinnacle Foods, Inc.		1,572		93,377
Tyson Foods, Inc., Class A		5,589		350,039

				989,718

Health Care Equipment & Supplies - 2.4%
ABIOMED, Inc. *		413		59,183
Align Technology, Inc. *		2,008		301,441
Baxter International, Inc.		1,720		104,129
Becton Dickinson and Co.		1,193		232,766
Boston Scientific Corp. *		20,239		561,025
Danaher Corp.		5,772		487,099
DexCom, Inc. *		2,200		160,930
Edwards Lifesciences Corp. *		3,270		386,645
Hologic, Inc. *		1,943		88,173
IDEXX Laboratories, Inc. *		1,555		251,008
Intuitive Surgical, Inc. *		436		407,821
Medtronic plc		6,393		567,379
Stryker Corp.		1,316		182,635

				3,790,234

Health Care Providers & Services - 3.1%
Aetna, Inc.		5,446		826,866
AmerisourceBergen Corp.		1,061		100,296
Anthem, Inc.		3,564		670,495
Cardinal Health, Inc.		1,861		145,009
Centene Corp. *		3,293		263,045
HCA Healthcare, Inc. *		2,023		176,406


INVESTMENTS	SHARES		VALUE ($)
Health Care Providers & Services - 3.1% (continued)
Henry Schein, Inc. *		648		118,597
UnitedHealth Group, Inc.		14,744		2,733,833

				5,034,547

Health Care Technology - 0.2%
athenahealth, Inc. *		731		102,742
Veeva Systems, Inc., Class A *		3,215		197,112

				299,854

Hotels, Restaurants & Leisure - 1.7%
Carnival Corp.		4,534		297,294
Domino’s Pizza, Inc.		432		91,381
International Game Technology plc		3,274		59,914
Las Vegas Sands Corp.		3,538		226,043
Marriott International, Inc., Class A		434		43,535
McDonald’s Corp.		3,466		530,853
MGM Resorts International		2,688		84,107
Starbucks Corp.		15,286		891,327
Wynn Resorts Ltd.		2,841		381,035
Yum Brands, Inc.		1,045		77,079

				2,682,568

Household Durables - 0.5%
Garmin Ltd.		2,624		133,903
Mohawk Industries, Inc. *		1,586		383,320
Whirlpool Corp.		1,142		218,830

				736,053

Household Products - 0.1%
Energizer Holdings, Inc.		994		47,732
Spectrum Brands Holdings, Inc.		901		112,661

				160,393

Industrial Conglomerates - 1.2%
3M Co.		5,664		1,179,188
General Electric Co.		1,692		45,701
Honeywell International, Inc.		5,345		712,435

				1,937,324

Insurance - 2.1%
American Financial Group, Inc.		1,717		170,618
Arch Capital Group Ltd. *		2,968		276,885
Axis Capital Holdings Ltd.		856		55,349
Chubb Ltd.		5,486		797,555
Everest Re Group Ltd.		999		254,335
Hartford Financial Services Group, Inc. (The)		3,282		172,535
Lincoln National Corp.		3,336		225,447
Markel Corp. *		231		225,423
Principal Financial Group, Inc.		1,500		96,105
Progressive Corp. (The)		5,576		245,846
Prudential Financial, Inc.		1,421		153,667
RenaissanceRe Holdings Ltd.		1,701		236,524
Travelers Cos., Inc. (The)		3,710		469,426
White Mountains Insurance Group Ltd.		100		86,863

				3,466,578

Internet & Direct Marketing Retail - 5.5%
Amazon.com, Inc. *		6,763		6,546,584
Expedia, Inc.		1,694		252,321


INVESTMENTS	SHARES		VALUE ($)
Internet & Direct Marketing Retail - 5.5% (continued)
Netflix, Inc. *		6,612		987,899
Priceline Group, Inc. (The) *		550		1,028,786

				8,815,590

Internet Software & Services - 4.4%
Akamai Technologies, Inc. *		1,700		84,677
Alphabet, Inc., Class A *		2,839		2,639,362
Altaba, Inc. *		9,727		529,927
Cars.com, Inc. *		964		25,671
CoStar Group, Inc. *		500		131,800
eBay, Inc. *		14,471		505,327
Facebook, Inc., Class A *		18,111		2,734,399
VeriSign, Inc. *(b)		576		53,545
Yelp, Inc. *		5,266		158,085
Zillow Group, Inc., Class C *		5,250		257,303

				7,120,096

IT Services - 3.5%
Accenture plc, Class A		7,969		985,606
Alliance Data Systems Corp.		634		162,741
Amdocs Ltd.		1,750		112,805
Automatic Data Processing, Inc.		3,680		377,053
Cognizant Technology Solutions Corp., Class A		4,940		328,016
DXC Technology Co.		7,944		609,464
Fiserv, Inc. *		3,342		408,860
FleetCor Technologies, Inc. *		1,395		201,173
Jack Henry & Associates, Inc.		1,350		140,225
Mastercard, Inc., Class A		5,803		704,774
PayPal Holdings, Inc. *		1,167		62,633
Square, Inc., Class A *		15,511		363,888
Total System Services, Inc.		2,043		119,005
Vantiv, Inc., Class A *		2,419		153,219
Visa, Inc., Class A		9,603		900,569

				5,630,031

Leisure Products - 0.1%
Brunswick Corp.		1,969		123,515

Life Sciences Tools & Services - 0.8%
Illumina, Inc. *		1,398		242,581
Quintiles IMS Holdings, Inc. *		1,288		115,276
Thermo Fisher Scientific, Inc.		5,346		932,717

				1,290,574

Machinery - 3.0%
Caterpillar, Inc.		7,666		823,788
Colfax Corp. *		2,368		93,228
Cummins, Inc.		1,475		239,275
Deere & Co.		1,901		234,945
Dover Corp.		2,493		199,989
Fortive Corp.		2,886		182,828
Illinois Tool Works, Inc.		4,089		585,749
Ingersoll-Rand plc		3,592		328,273
Middleby Corp. (The) *		1,800		218,718
Nordson Corp.		909		110,280
Oshkosh Corp.		6,874		473,481
Parker-Hannifin Corp.		1,500		239,730
Trinity Industries, Inc.		17,214		482,508


INVESTMENTS	SHARES		VALUE ($)
Machinery - 3.0% (continued)
WABCO Holdings, Inc. *		800		102,008
Wabtec Corp.		785		71,828
Xylem, Inc.		6,645		368,332

				4,754,960

Media - 2.2%
CBS Corp. (Non-Voting), Class B		2,587		164,999
Charter Communications, Inc., Class A *		3,732		1,257,124
Comcast Corp., Class A		35,898		1,397,150
DISH Network Corp., Class A *		3,014		189,159
Liberty Broadband Corp. *		1,573		136,458
Madison Square Garden Co. (The), Class A *		316		62,220
Sirius XM Holdings, Inc. (b)		30,863		168,821
TEGNA, Inc.		2,894		41,702
Walt Disney Co. (The)		595		63,219

				3,480,852

Metals & Mining - 0.9%
Freeport-McMoRan, Inc. *		27,642		331,981
Nucor Corp.		2,869		166,029
Royal Gold, Inc.		1,671		130,622
Steel Dynamics, Inc.		10,719		383,847
United States Steel Corp. (b)		16,830		372,616

				1,385,095

Multiline Retail - 0.2%
Dollar General Corp.		747		53,851
Dollar Tree, Inc. *		2,940		205,565

				259,416

Multi-Utilities - 0.4%
CMS Energy Corp.		2,100		97,125
Consolidated Edison, Inc.		2,370		191,543
DTE Energy Co.		3,287		347,732

				636,400

Oil, Gas & Consumable Fuels - 3.8%
Chesapeake Energy Corp. *(b)		29,158		144,915
Cimarex Energy Co.		437		41,082
CONSOL Energy, Inc. *		27,892		416,706
Continental Resources, Inc. *		9,290		300,346
Diamondback Energy, Inc. *		9,968		885,258
Energen Corp. *		5,342		263,735
Laredo Petroleum, Inc. *		34,309		360,931
Marathon Oil Corp.		25,308		299,900
Murphy Oil Corp.		9,164		234,873
Newfield Exploration Co. *		12,091		344,110
ONEOK, Inc.		7,041		367,259
Parsley Energy, Inc., Class A *		5,677		157,537
Phillips 66		2,902		239,966
Pioneer Natural Resources Co.		1,717		273,999
Rice Energy, Inc. *		19,345		515,157
SM Energy Co.		6,863		113,445
Targa Resources Corp.		2,006		90,671
Tesoro Corp.		2,388		223,517
Valero Energy Corp.		2,224		150,031
Williams Cos., Inc. (The)		11,085		335,654
WPX Energy, Inc. *		35,639		344,273

				6,103,365


INVESTMENTS	SHARES		VALUE ($)
Personal Products - 0.0% (a)
Nu Skin Enterprises, Inc., Class A		1,366		85,839


Pharmaceuticals - 1.2%
Bristol-Myers Squibb Co.		2,879		160,418
Eli Lilly & Co.		7,307		601,366
Johnson & Johnson		6,685		884,359
Zoetis, Inc.		5,446		339,721

				1,985,864

Professional Services - 0.1%
Equifax, Inc.		651		89,461
Verisk Analytics, Inc. *		906		76,439

				165,900

Road & Rail - 1.6%
Avis Budget Group, Inc. *		9,596		261,683
CSX Corp.		22,908		1,249,860
Genesee & Wyoming, Inc., Class A *		2,668		182,465
Norfolk Southern Corp.		2,500		304,250
Old Dominion Freight Line, Inc.		1,956		186,289
Union Pacific Corp.		3,526		384,017

				2,568,564

Semiconductors & Semiconductor Equipment - 6.5%
Analog Devices, Inc.		571		44,424
Applied Materials, Inc.		26,910		1,111,652
Broadcom Ltd.		7,175		1,672,134
Cypress Semiconductor Corp.		17,005		232,118
Intel Corp.		18,459		622,807
Lam Research Corp.		1,705		241,138
Marvell Technology Group Ltd.		6,200		102,424
Microchip Technology, Inc.		1,024		79,032
Micron Technology, Inc. *		40,540		1,210,524
NVIDIA Corp.		19,769		2,857,807
ON Semiconductor Corp. *		25,190		353,667
Qorvo, Inc. *		1,344		85,102
Skyworks Solutions, Inc.		3,805		365,090
Texas Instruments, Inc.		16,400		1,261,652
Xilinx, Inc.		2,840		182,669

				10,422,240

Software - 5.6%
Activision Blizzard, Inc.		14,761		849,791
Adobe Systems, Inc. *		8,999		1,272,819
Autodesk, Inc. *		1,500		151,230
CA, Inc.		2,700		93,069
CDK Global, Inc.		905		56,164
Electronic Arts, Inc. *		8,882		939,005
Intuit, Inc.		2,897		384,751
Microsoft Corp.		58,292		4,018,068
Red Hat, Inc. *		1,240		118,730
salesforce.com, Inc. *		3,329		288,291
ServiceNow, Inc. *		3,184		337,504
Splunk, Inc. *		1,137		64,684
SS&C Technologies Holdings, Inc.		2,522		96,870
Symantec Corp.		6,438		181,873
VMware, Inc., Class A *		1,966		171,887

				9,024,736


INVESTMENTS	SHARES		VALUE ($)
Specialty Retail - 2.5%
Best Buy Co., Inc.		2,009		115,176
Burlington Stores, Inc. *		1,649		151,692
Home Depot, Inc. (The)		7,124		1,092,822
Lowe’s Cos., Inc.		5,887		456,419
O’Reilly Automotive, Inc. *		2,402		525,413
Ross Stores, Inc.		11,170		644,844
TJX Cos., Inc. (The)		6,879		496,457
Ulta Beauty, Inc. *		1,847		530,717

				4,013,540

Technology Hardware, Storage & Peripherals - 6.6%
Apple, Inc.		58,774		8,464,632
Hewlett Packard Enterprise Co.		34,192		567,245
HP, Inc.		25,956		453,711
NCR Corp. *		8,244		336,685
NetApp, Inc.		1,936		77,537
Western Digital Corp.		7,453		660,336
Xerox Corp.		2,958		84,983

				10,645,129

Textiles, Apparel & Luxury Goods - 0.2%
Hanesbrands, Inc.		3,600		83,376
NIKE, Inc., Class B		4,860		286,740

				370,116

Tobacco - 1.5%
Altria Group, Inc.		29,491		2,196,195
Philip Morris International, Inc.		1,375		161,493

				2,357,688

Trading Companies & Distributors - 0.4%
HD Supply Holdings, Inc. *		2,092		64,078
United Rentals, Inc. *		3,686		415,449
WESCO International, Inc. *		2,577		147,662

				627,189

Transportation Infrastructure - 0.0% (a)
Macquarie Infrastructure Corp.		800		62,720


Wireless Telecommunication Services - 0.8%
Sprint Corp. *		83,583		686,216
T-Mobile US, Inc. *		9,164		555,522

				1,241,738

TOTAL COMMON STOCKS (Cost $122,617,095)				156,503,016


SHORT-TERM INVESTMENT - 2.6%

Investment Company - 2.6%
Limited Purpose Cash Investment Fund, 0.81%
(Cost $4,171,954) (2)(c)		4,172,371		4,171,954


INVESTMENTS	SHARES		VALUE ($)

SECURITIES LENDING COLLATERAL - 0.5%

Investment Company - 0.5%
Investments in a Pooled Account through Securities Lending Program with Citibank NA
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84%
(Cost $803,667) (2)(c)(d)		803,667		803,667

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 100.4% (Cost $127,592,716)				161,478,637


LIABILITIES IN EXCESS OF OTHER ASSETS - (0.4)% (e)				(578,300	)

NET ASSETS - 100.0%				160,900,337


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	21,338,442		13.3	%
Consumer Staples		6,373,655		4.0
Energy		7,114,375		4.4
Financials		29,731,277		18.5
Health Care		14,166,767		8.8
Industrials		20,466,765		12.7
Information Technology		46,479,146		28.9
Materials		4,066,889		2.5
Real Estate		3,140,992		1.9
Telecommunication Services		1,726,679		1.1
Utilities		1,898,029		1.2
Short-Term Investment		4,171,954		2.6
Securities Lending Collateral		803,667		0.5

Total Investments In Securities At Value		161,478,637		100.4
Liabilities in Excess of Other Assets (e)		(578,300)		(0.4)

Net Assets	$	160,900,337		100.0	%

*	Non-income producing security.

(a)	Represents less than 0.05% of net assets.

(b)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $770,368.

(c)	Represents 7-day effective yield as of 6/30/2017.

(d)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

(e)	Includes appreciation/(depreciation) on futures contracts.

All securities are Level 1 with respect to ASC 820, unless otherwise noted in parentheses.

(2)	Level 2 security (See Note 4).

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 96.5%

Aerospace & Defense - 1.2%
AAR Corp.		688		23,915
Astronics Corp. *		515		15,692
Axon Enterprise, Inc. *(a)		1,981		49,802
Curtiss-Wright Corp.		1,230		112,889
Ducommun, Inc. *		1,446		45,665
Engility Holdings, Inc. *		1,335		37,914
KeyW Holding Corp. (The) *(a)		5,382		50,322
Kratos Defense & Security Solutions, Inc. *		6,325		75,078
Mercury Systems, Inc. *		1,769		74,457
National Presto Industries, Inc.		136		15,028
Vectrus, Inc. *		904		29,217

				529,979

Air Freight & Logistics - 0.8%
Air Transport Services Group, Inc. *		1,277		27,813
Atlas Air Worldwide Holdings, Inc. *		400		20,860
Echo Global Logistics, Inc. *		1,141		22,706
Hub Group, Inc., Class A *		400		15,340
Park-Ohio Holdings Corp.		324		12,344
XPO Logistics, Inc. *		3,993		258,068

				357,131

Airlines - 0.4%
Allegiant Travel Co.		284		38,510
Hawaiian Holdings, Inc. *		1,800		84,510
SkyWest, Inc.		1,418		49,772

				172,792

Auto Components - 1.2%
Cooper Tire & Rubber Co.		576		20,794
Cooper-Standard Holdings, Inc. *		845		85,235
Dorman Products, Inc. *		381		31,535
Fox Factory Holding Corp. *		779		27,732
Gentherm, Inc. *		1,057		41,012
Horizon Global Corp. *		2,230		32,023
LCI Industries		1,251		128,102
Modine Manufacturing Co. *		1,493		24,709
Motorcar Parts of America, Inc. *		1,306		36,881
Standard Motor Products, Inc.		641		33,473
Superior Industries International, Inc.		1,403		28,832
Tenneco, Inc.		373		21,571
Tower International, Inc.		753		16,905

				528,804

Banks - 12.8%
Allegiance Bancshares, Inc. *		1,709		65,455
Ameris Bancorp		2,179		105,028
Banc of California, Inc.		1,710		36,765
BancorpSouth, Inc.		670		20,435
Banner Corp.		455		25,712
Blue Hills Bancorp, Inc.		1,200		21,480
Boston Private Financial Holdings, Inc.		1,715		26,325
Carolina Financial Corp.		3,009		97,251
Cathay General Bancorp		853		32,371
CenterState Banks, Inc.		1,547		38,458
Central Pacific Financial Corp.		835		26,277
Central Valley Community Bancorp		2,448		54,248
Chemical Financial Corp.		1,196		57,898
Community Bank System, Inc.		367		20,468


INVESTMENTS	SHARES		VALUE ($)
Banks - 12.8% (continued)
ConnectOne Bancorp, Inc.		1,237		27,894
Customers Bancorp, Inc. *		1,988		56,221
CVB Financial Corp.		1,182		26,512
Eagle Bancorp, Inc. *		2,446		154,832
Enterprise Financial Services Corp.		1,531		62,465
Farmers Capital Bank Corp.		1,853		71,433
Farmers National Banc Corp.		4,402		63,829
FCB Financial Holdings, Inc., Class A *		2,637		125,917
Fidelity Southern Corp.		1,125		25,717
First BanCorp *		32,117		185,957
First Citizens BancShares, Inc., Class A		56		20,871
First Commonwealth Financial Corp.		1,437		18,221
First Financial Bankshares, Inc.		508		22,454
First Interstate BancSystem, Inc., Class A		3,394		126,257
First Merchants Corp.		1,507		60,491
Fulton Financial Corp.		3,338		63,422
Glacier Bancorp, Inc.		605		22,149
Great Western Bancorp, Inc.		5,043		205,805
Green Bancorp, Inc. *		4,394		85,244
Hancock Holding Co.		4,621		226,429
Hanmi Financial Corp.		1,562		44,439
Heartland Financial USA, Inc.		581		27,365
Hilltop Holdings, Inc.		3,684		96,558
Home BancShares, Inc.		5,212		129,779
Horizon Bancorp		742		19,552
IBERIABANK Corp.		1,464		119,316
Independent Bank Corp./MA		741		49,388
Independent Bank Corp./MI		4,596		99,963
Independent Bank Group, Inc.		2,211		131,554
International Bancshares Corp.		2,624		91,971
Lakeland Bancorp, Inc.		1,589		29,953
Lakeland Financial Corp.		1,783		81,804
LegacyTexas Financial Group, Inc.		3,872		147,639
MB Financial, Inc.		813		35,805
Mercantile Bank Corp.		568		17,881
National Bank Holdings Corp., Class A		1,332		44,103
National Commerce Corp. *		350		13,842
OFG Bancorp		9,020		90,200
Old National Bancorp		1,159		19,993
Old Second Bancorp, Inc.		3,326		38,415
Pacific Premier Bancorp, Inc. *		1,633		60,258
Peoples Bancorp, Inc.		732		23,519
People’s Utah Bancorp		1,275		34,170
Pinnacle Financial Partners, Inc.		1,180		74,104
Preferred Bank		1,321		70,634
Prosperity Bancshares, Inc.		2,341		150,386
QCR Holdings, Inc.		921		43,655
Renasant Corp.		1,210		52,925
Republic First Bancorp, Inc. *		10,891		100,742
Seacoast Banking Corp. of Florida *		1,856		44,730
ServisFirst Bancshares, Inc.		5,693		210,015
Simmons First National Corp., Class A		600		31,740
South State Corp.		674		57,762
Southside Bancshares, Inc.		1,148		40,111
State Bank Financial Corp.		672		18,225
Sterling Bancorp		4,841		112,553
Texas Capital Bancshares, Inc. *		3,800		294,120
Towne Bank		2,030		62,524
TriState Capital Holdings, Inc. *		1,846		46,519


INVESTMENTS	SHARES		VALUE ($)
Banks - 12.8% (continued)
Triumph Bancorp, Inc. *		1,976		48,511
UMB Financial Corp.		272		20,362
Union Bankshares Corp.		387		13,119
United Community Banks, Inc.		3,443		95,715
Veritex Holdings, Inc. *		2,280		60,032
Webster Financial Corp.		1,242		64,857
WesBanco, Inc.		352		13,918
Wintrust Financial Corp.		655		50,068

				5,505,085

Beverages - 0.8%
Coca-Cola Bottling Co. Consolidated		293		67,059
Craft Brew Alliance, Inc. *		1,463		24,651
MGP Ingredients, Inc.		1,119		57,259
National Beverage Corp.		1,778		166,350
Primo Water Corp. *		1,330		16,891

				332,210

Biotechnology - 8.9%
Acceleron Pharma, Inc. *		538		16,350
Aimmune Therapeutics, Inc. *		1,096		22,534
Alder Biopharmaceuticals, Inc. *		741		8,484
Array BioPharma, Inc. *		11,605		97,134
Avexis, Inc. *		1,663		136,632
Axovant Sciences Ltd. *		619		14,355
BioCryst Pharmaceuticals, Inc. *		4,367		24,281
BioSpecifics Technologies Corp. *		296		14,655
Bluebird Bio, Inc. *		1,647		173,017
Blueprint Medicines Corp. *		2,518		127,587
Cara Therapeutics, Inc. *(a)		4,005		61,637
ChemoCentryx, Inc. *		2,016		18,870
Clovis Oncology, Inc. *		3,051		285,665
Coherus Biosciences, Inc. *		1,041		14,938
CTI BioPharma Corp. *		370		1,225
Cytokinetics, Inc. *		1,865		22,567
Eagle Pharmaceuticals, Inc. *(a)		1,177		92,854
Emergent BioSolutions, Inc. *		500		16,955
Esperion Therapeutics, Inc. *(a)		1,557		72,058
Exact Sciences Corp. *		7,463		263,966
Exelixis, Inc. *		16,992		418,513
Five Prime Therapeutics, Inc. *		1,435		43,208
Flexion Therapeutics, Inc. *(a)		1,781		36,012
Foundation Medicine, Inc. *(a)		947		37,643
Genomic Health, Inc. *		455		14,810
Global Blood Therapeutics, Inc. *(a)		832		22,755
Immunomedics, Inc. *(a)		6,329		55,885
Inovio Pharmaceuticals, Inc. *(a)		2,423		18,996
Insmed, Inc. *		1,405		24,110
Ironwood Pharmaceuticals, Inc. *		3,041		57,414
Kite Pharma, Inc. *		1,741		180,489
Lexicon Pharmaceuticals, Inc. *		3,291		54,137
Ligand Pharmaceuticals, Inc. *		449		54,509
Loxo Oncology, Inc. *		1,485		119,082
MiMedx Group, Inc. *		3,877		58,039
Minerva Neurosciences, Inc. *		3,724		32,957
Momenta Pharmaceuticals, Inc. *		1,455		24,590
Peregrine Pharmaceuticals, Inc. *		9,591		5,831
Portola Pharmaceuticals, Inc. *		764		42,914
Progenics Pharmaceuticals, Inc. *		4,404		29,903
Prothena Corp. plc (Ireland) *		651		35,232


INVESTMENTS	SHARES		VALUE ($)
Biotechnology - 8.9% (continued)
PTC Therapeutics, Inc. *		1,668		30,574
REGENXBIO, Inc. *		1,081		21,350
Repligen Corp. *		1,200		49,728
Retrophin, Inc. *		2,107		40,855
Sage Therapeutics, Inc. *		1,080		86,011
Sarepta Therapeutics, Inc. *		3,673		123,817
Spark Therapeutics, Inc. *		795		47,493
Stemline Therapeutics, Inc. *		1,747		16,072
Synergy Pharmaceuticals, Inc. *(a)		9,815		43,677
TESARO, Inc. *		2,831		395,944
TG Therapeutics, Inc. *		1,674		16,824
Vanda Pharmaceuticals, Inc. *		1,751		28,541
Versartis, Inc. *		943		16,455
Xencor, Inc. *		2,880		60,797

				3,830,931

Building Products - 1.7%
AAON, Inc.		1,050		38,693
Advanced Drainage Systems, Inc.		848		17,045
American Woodmark Corp. *		564		53,890
Apogee Enterprises, Inc.		791		44,960
Builders FirstSource, Inc. *		1,831		28,051
Continental Building Products, Inc. *		1,526		35,556
Gibraltar Industries, Inc. *		1,956		69,731
Insteel Industries, Inc.		1,596		52,620
Masonite International Corp. *		1,077		81,314
NCI Building Systems, Inc. *		1,241		20,725
Patrick Industries, Inc. *		2,206		160,707
Ply Gem Holdings, Inc. *		822		14,755
Trex Co., Inc. *		402		27,199
Universal Forest Products, Inc.		890		77,706

				722,952

Capital Markets - 0.7%
Arlington Asset Investment Corp., Class A		1,337		18,277
BGC Partners, Inc., Class A		6,967		88,063
Evercore Partners, Inc., Class A		367		25,873
Houlihan Lokey, Inc.		753		26,280
Investment Technology Group, Inc.		682		14,486
Moelis & Co., Class A		874		33,955
Piper Jaffray Cos.		675		40,466
PJT Partners, Inc., Class A		310		12,468
Stifel Financial Corp. *		478		21,978

				281,846

Chemicals - 3.0%
A Schulman, Inc.		500		16,000
Chemours Co. (The)		10,522		398,994
Ferro Corp. *		2,400		43,896
Flotek Industries, Inc. *(a)		1,626		14,536
FutureFuel Corp.		1,187		17,912
Innophos Holdings, Inc.		300		13,152
Innospec, Inc.		332		21,763
KMG Chemicals, Inc.		213		10,367
Koppers Holdings, Inc. *		549		19,846
Kraton Corp. *		946		32,580
Kronos Worldwide, Inc.		5,539		100,921
Minerals Technologies, Inc.		500		36,600
Olin Corp.		3,925		118,849
Rayonier Advanced Materials, Inc. (a)		1,897		29,821


INVESTMENTS	SHARES		VALUE ($)
Chemicals - 3.0% (continued)
Sensient Technologies Corp.		1,100		88,583
Stepan Co.		220		19,171
Trinseo SA		3,066		210,634
Tronox Ltd., Class A		7,688		116,242

				1,309,867

Commercial Services & Supplies - 1.0%
ACCO Brands Corp. *		1,709		19,910
Aqua Metals, Inc. *(a)		4,049		50,815
Brady Corp., Class A		570		19,323
Brink’s Co. (The)		544		36,448
CECO Environmental Corp.		2,299		21,105
Deluxe Corp.		267		18,482
Healthcare Services Group, Inc.		976		45,706
HNI Corp.		700		27,909
Interface, Inc.		687		13,500
Kimball International, Inc., Class B		1,371		22,882
Mobile Mini, Inc.		427		12,746
Multi-Color Corp.		444		36,230
Quad/Graphics, Inc.		2,798		64,130
Steelcase, Inc., Class A		1,047		14,658
UniFirst Corp.		100		14,070
US Ecology, Inc.		349		17,624

				435,538

Communications Equipment - 2.7%
ADTRAN, Inc.		734		15,157
Applied Optoelectronics, Inc. *(a)		2,489		153,795
Ciena Corp. *		1,152		28,823
EMCORE Corp.		2,743		29,213
Extreme Networks, Inc. *		6,229		57,431
Finisar Corp. *		5,438		141,279
InterDigital, Inc.		800		61,840
Lumentum Holdings, Inc. *		4,208		240,067
NETGEAR, Inc. *		842		36,290
NetScout Systems, Inc. *		914		31,442
Oclaro, Inc. *(a)		14,028		131,022
Plantronics, Inc.		393		20,558
Ubiquiti Networks, Inc. *(a)		3,654		189,898
ViaSat, Inc. *		411		27,208
Viavi Solutions, Inc. *		1,891		19,912

				1,183,935

Construction & Engineering - 1.2%
Argan, Inc.		730		43,800
Comfort Systems USA, Inc.		1,346		49,937
Dycom Industries, Inc. *		1,182		105,813
Granite Construction, Inc.		465		22,432
HC2 Holdings, Inc. *		962		5,656
IES Holdings, Inc. *		1,238		22,470
MasTec, Inc. *		2,957		133,508
NV5 Global, Inc. *		1,032		43,860
Orion Group Holdings, Inc. *		2,870		21,439
Primoris Services Corp.		715		17,832
Tutor Perini Corp. *		1,919		55,171

				521,918

Construction Materials - 0.3%
US Concrete, Inc. *		1,539		120,888


INVESTMENTS	SHARES		VALUE ($)
Consumer Finance - 0.2%
Enova International, Inc. *		1,257		18,666
EZCORP, Inc., Class A *		5,444		41,919
Nelnet, Inc., Class A		400		18,804

				79,389

Containers & Packaging - 0.2%
Greif, Inc., Class A		1,591		88,746


Distributors - 0.1%
Core-Mark Holding Co., Inc.		1,645		54,384


Diversified Consumer Services - 1.2%
Adtalem Global Education, Inc.		539		20,455
Bright Horizons Family Solutions, Inc. *		2,500		193,025
Capella Education Co.		293		25,081
Career Education Corp. *		9,718		93,293
Carriage Services, Inc.		552		14,882
Chegg, Inc. *		4,010		49,283
Grand Canyon Education, Inc. *		761		59,670
K12, Inc. *		1,067		19,120
Weight Watchers International, Inc. *		1,329		44,415

				519,224

Diversified Telecommunication Services - 0.4%
Cogent Communications Holdings, Inc.		829		33,243
Consolidated Communications Holdings, Inc.		1,265		27,160
IDT Corp., Class B		1,371		19,701
Iridium Communications, Inc. *(a)		2,656		29,349
ORBCOMM, Inc. *		3,221		36,397
Vonage Holdings Corp. *		2,700		17,658

				163,508

Electric Utilities - 0.5%
ALLETE, Inc.		172		12,329
MGE Energy, Inc.		1,156		74,388
Otter Tail Corp.		739		29,264
PNM Resources, Inc.		535		20,464
Spark Energy, Inc., Class A		3,072		57,754

				194,199

Electrical Equipment - 0.2%
AZZ, Inc.		300		16,740
Energous Corp. *(a)		2,172		35,317
EnerSys		213		15,432
Generac Holdings, Inc. *		846		30,566

				98,055

Electronic Equipment, Instruments & Components - 3.8%
Badger Meter, Inc.		936		37,299
Belden, Inc.		377		28,437
Coherent, Inc. *		1,322		297,437
Control4 Corp. *		616		12,080
CTS Corp.		722		15,595
ePlus, Inc. *		775		57,427
Fabrinet (Thailand) *		3,118		133,014
II-VI, Inc. *		1,136		38,965
Insight Enterprises, Inc. *		700		27,993
Itron, Inc. *		641		43,428
Littelfuse, Inc.		761		125,565
Mesa Laboratories, Inc.		432		61,910


INVESTMENTS	SHARES		VALUE ($)
Electronic Equipment, Instruments & Components - 3.8% (continued)
Methode Electronics, Inc.		887		36,544
Novanta, Inc. *		358		12,888
OSI Systems, Inc. *		393		29,534
Plexus Corp. *		600		31,542
Rogers Corp. *		300		32,586
Sanmina Corp. *		1,891		72,047
SYNNEX Corp.		1,105		132,556
Tech Data Corp. *		1,035		104,535
TTM Technologies, Inc. *		4,038		70,100
Universal Display Corp.		2,132		232,921

				1,634,403

Energy Equipment & Services - 1.3%
Archrock, Inc.		5,634		64,228
Exterran Corp. *		941		25,125
Fairmount Santrol Holdings, Inc. *		10,956		42,728
Forum Energy Technologies, Inc. *		3,280		51,168
Geospace Technologies Corp. *		1,179		16,306
Helix Energy Solutions Group, Inc. *		4,035		22,757
McDermott International, Inc. *		9,798		70,252
Natural Gas Services Group, Inc. *		490		12,176
Pioneer Energy Services Corp. *		12,589		25,807
Unit Corp. *		4,190		78,479
US Silica Holdings, Inc.		3,781		134,188

				543,214

Equity Real Estate Investment Trusts (REITs) - 3.6%
Agree Realty Corp.		808		37,063
American Assets Trust, Inc.		830		32,694
Community Healthcare Trust, Inc.		554		14,177
CoreSite Realty Corp.		1,632		168,961
DuPont Fabros Technology, Inc.		3,130		191,431
EastGroup Properties, Inc.		161		13,492
GEO Group, Inc. (The)		803		23,745
Gladstone Commercial Corp.		2,247		48,962
Healthcare Realty Trust, Inc.		560		19,124
Hudson Pacific Properties, Inc.		2,411		82,432
Independence Realty Trust, Inc.		1,737		17,144
Mack-Cali Realty Corp.		963		26,136
Monmouth Real Estate Investment Corp.		2,217		33,366
National Storage Affiliates Trust		3,606		83,335
NexPoint Residential Trust, Inc.		2,537		63,146
Physicians Realty Trust		1,800		36,252
PS Business Parks, Inc.		1,123		148,674
QTS Realty Trust, Inc., Class A		1,262		66,040
Retail Opportunity Investments Corp.		1,898		36,423
Rexford Industrial Realty, Inc.		3,373		92,555
Ryman Hospitality Properties, Inc.		1,068		68,363
Sabra Health Care REIT, Inc.		554		13,351
Select Income REIT		515		12,375
STAG Industrial, Inc.		1,825		50,370
Summit Hotel Properties, Inc.		2,178		40,620
Terreno Realty Corp.		1,103		37,127
Tier REIT, Inc.		928		17,149
UMH Properties, Inc.		984		16,777
Universal Health Realty Income Trust		283		22,510
Washington REIT		838		26,732

				1,540,526


INVESTMENTS	SHARES		VALUE ($)
Food & Staples Retailing - 0.1%
Ingles Markets, Inc., Class A		500		16,650
SpartanNash Co.		755		19,600

				36,250

Food Products - 1.3%
B&G Foods, Inc. (a)		1,382		49,199
Calavo Growers, Inc.		300		20,715
Cal-Maine Foods, Inc. *(a)		352		13,939
Fresh Del Monte Produce, Inc.		2,090		106,402
J&J Snack Foods Corp.		693		91,525
John B Sanfilippo & Son, Inc.		726		45,818
Lancaster Colony Corp.		812		99,567
Omega Protein Corp.		853		15,269
Sanderson Farms, Inc.		623		72,050
Snyder’s-Lance, Inc.		1,413		48,918

				563,402

Gas Utilities - 0.6%
Chesapeake Utilities Corp.		258		19,337
Northwest Natural Gas Co.		369		22,085
ONE Gas, Inc.		2,211		154,350
Southwest Gas Holdings, Inc.		889		64,950

				260,722

Health Care Equipment & Supplies - 3.6%
Abaxis, Inc.		457		24,230
Anika Therapeutics, Inc. *		794		39,176
AtriCure, Inc. *		800		19,400
AxoGen, Inc. *		2,660		44,555
Cantel Medical Corp.		1,202		93,648
Cardiovascular Systems, Inc. *		1,382		44,542
CONMED Corp.		500		25,470
GenMark Diagnostics, Inc. *		2,801		33,136
Glaukos Corp. *		1,789		74,190
Globus Medical, Inc., Class A *		1,441		47,769
ICU Medical, Inc. *		559		96,428
Inogen, Inc. *		1,479		141,126
Integra LifeSciences Holdings Corp. *		1,706		92,994
K2M Group Holdings, Inc. *		1,170		28,501
LeMaitre Vascular, Inc.		387		12,082
Masimo Corp. *		2,013		183,545
Merit Medical Systems, Inc. *		612		23,348
Natus Medical, Inc. *		1,478		55,129
Neogen Corp. *		480		33,173
Nevro Corp. *		1,863		138,663
NuVasive, Inc. *		1,022		78,612
NxStage Medical, Inc. *		1,351		33,870
Penumbra, Inc. *		1,111		97,490
Spectranetics Corp. (The) *		1,537		59,021
Wright Medical Group NV *		1,389		38,184

				1,558,282

Health Care Providers & Services - 1.8%
Aceto Corp.		1,044		16,130
Addus HomeCare Corp. *		1,246		46,351
Amedisys, Inc. *		745		46,794
AMN Healthcare Services, Inc. *		1,210		47,251
BioTelemetry, Inc. *		2,452		82,019
Chemed Corp.		500		102,265
CorVel Corp. *		404		19,170


INVESTMENTS	SHARES		VALUE ($)
Health Care Providers & Services - 1.8% (continued)
Cross Country Healthcare, Inc. *		1,400		18,074
Ensign Group, Inc. (The)		1,000		21,770
HealthEquity, Inc. *		2,544		126,768
LHC Group, Inc. *		287		19,484
PharMerica Corp. *		900		23,625
Providence Service Corp. (The) *		400		20,244
Select Medical Holdings Corp. *		2,344		35,980
Teladoc, Inc. *		1,143		39,662
Tivity Health, Inc. *		2,359		94,006
US Physical Therapy, Inc.		280		16,912

				776,505

Health Care Technology - 0.7%
Evolent Health, Inc., Class A *		3,747		94,986
HMS Holdings Corp. *		1,510		27,935
Medidata Solutions, Inc. *		1,289		100,800
Omnicell, Inc. *		1,035		44,609
Vocera Communications, Inc. *		901		23,804

				292,134

Hotels, Restaurants & Leisure - 2.4%
Boyd Gaming Corp.		617		15,308
Carrols Restaurant Group, Inc. *		1,505		18,436
Churchill Downs, Inc.		372		68,188
Chuy’s Holdings, Inc. *		1,281		29,975
ClubCorp Holdings, Inc.		992		12,995
Cracker Barrel Old Country Store, Inc. (a)		385		64,391
Dave & Buster’s Entertainment, Inc. *		1,657		110,207
Denny’s Corp. *		2,000		23,540
Eldorado Resorts, Inc. *		4,258		85,160
Intrawest Resorts Holdings, Inc. *		1,249		29,651
Jack in the Box, Inc.		1,015		99,978
Marriott Vacations Worldwide Corp.		710		83,603
Papa John’s International, Inc.		932		66,880
Penn National Gaming, Inc. *		999		21,379
Pinnacle Entertainment, Inc. *		604		11,935
Planet Fitness, Inc., Class A		1,383		32,279
Ruth’s Hospitality Group, Inc.		972		21,141
Scientific Games Corp., Class A *		3,666		95,683
Sonic Corp.		727		19,258
Texas Roadhouse, Inc.		2,000		101,900

				1,011,887

Household Durables - 1.2%
Cavco Industries, Inc. *		228		29,560
Helen of Troy Ltd. *		1,094		102,945
Hooker Furniture Corp.		465		19,135
Installed Building Products, Inc. *		1,874		99,228
iRobot Corp. *		659		55,448
La-Z-Boy, Inc.		722		23,465
LGI Homes, Inc. *(a)		2,476		99,486
NACCO Industries, Inc., Class A		210		14,879
TopBuild Corp. *		807		42,828
Universal Electronics, Inc. *		400		26,740

				513,714

Household Products - 0.3%
Central Garden & Pet Co., Class A *		2,551		76,581
WD-40 Co.		467		51,533

				128,114


INVESTMENTS	SHARES		VALUE ($)
Insurance - 2.1%
American Equity Investment Life Holding Co.		641		16,845
AMERISAFE, Inc.		907		51,654
Argo Group International Holdings Ltd.		1,756		106,414
CNO Financial Group, Inc.		725		15,138
Enstar Group Ltd. *		626		124,355
FBL Financial Group, Inc., Class A		241		14,822
Federated National Holding Co.		2,074		33,184
James River Group Holdings Ltd.		2,244		89,154
National General Holdings Corp.		1,414		29,835
Navigators Group, Inc. (The)		766		42,053
Primerica, Inc.		1,301		98,551
RLI Corp.		1,612		88,047
Selective Insurance Group, Inc.		415		20,771
Trupanion, Inc. *		1,445		32,339
United Fire Group, Inc.		1,284		56,573
United Insurance Holdings Corp.		2,600		40,898
Universal Insurance Holdings, Inc.		1,100		27,720

				888,353

Internet & Direct Marketing Retail - 0.6%
1-800-Flowers.com, Inc., Class A *		3,613		35,226
Duluth Holdings, Inc., Class B *(a)		1,404		25,567
Etsy, Inc. *		1,501		22,515
Nutrisystem, Inc.		1,800		93,690
Wayfair, Inc., Class A *		1,127		86,644

				263,642

Internet Software & Services - 3.7%
2U, Inc. *		2,833		132,924
Alarm.com Holdings, Inc. *		2,294		86,323
Amber Road, Inc. *		2,748		23,550
Appfolio, Inc., Class A *		407		13,268
Benefitfocus, Inc. *		592		21,519
Blucora, Inc. *		2,274		48,209
Carbonite, Inc. *		1,420		30,956
Cimpress NV (Netherlands) *		585		55,300
comScore, Inc. *		429		11,261
Cornerstone OnDemand, Inc. *		1,312		46,904
Five9, Inc. *		6,641		142,914
GrubHub, Inc. *		2,389		104,160
GTT Communications, Inc. *		1,035		32,758
j2 Global, Inc.		800		68,072
LogMeIn, Inc.		2,055		214,748
Meet Group, Inc. (The) *		7,172		36,219
MINDBODY, Inc., Class A *(a)		3,023		82,226
NIC, Inc.		611		11,579
Q2 Holdings, Inc. *		1,618		59,785
Quotient Technology, Inc. *		1,764		20,286
Shutterstock, Inc. *		1,016		44,785
SPS Commerce, Inc. *		593		37,810
Stamps.com, Inc. *		509		78,831
TrueCar, Inc. *		6,330		126,157
WebMD Health Corp. *		1,078		63,225

				1,593,769

IT Services - 1.3%
Acxiom Corp. *		580		15,068
Blackhawk Network Holdings, Inc. *		1,547		67,449
CACI International, Inc., Class A *		241		30,137


INVESTMENTS	SHARES		VALUE ($)
IT Services - 1.3% (continued)
Cardtronics plc, Class A *		701		23,035
Convergys Corp.		644		15,314
CSG Systems International, Inc.		958		38,876
EPAM Systems, Inc. *		1,305		109,737
ExlService Holdings, Inc. *		709		39,406
Hackett Group, Inc. (The)		955		14,803
MAXIMUS, Inc.		1,222		76,534
Perficient, Inc. *		927		17,279
Science Applications International Corp.		1,147		79,625
ServiceSource International, Inc. *		3,635		14,104
Sykes Enterprises, Inc. *		541		18,140
Virtusa Corp. *		479		14,083

				573,590

Leisure Products - 0.3%
American Outdoor Brands Corp. *		2,280		50,525
Nautilus, Inc. *		1,157		22,157
Sturm Ruger & Co., Inc.		583		36,233

				108,915

Life Sciences Tools & Services - 1.0%
Accelerate Diagnostics, Inc. *(a)		2,700		73,845
Cambrex Corp. *		1,200		71,700
INC Research Holdings, Inc., Class A *		1,348		78,858
NeoGenomics, Inc. *		2,416		21,647
PAREXEL International Corp. *		228		19,816
PRA Health Sciences, Inc. *		2,187		164,047

				429,913

Machinery - 3.6%
Alamo Group, Inc.		196		17,799
Albany International Corp., Class A		329		17,569
Astec Industries, Inc.		509		28,254
Briggs & Stratton Corp.		731		17,617
Chart Industries, Inc. *		674		23,408
CIRCOR International, Inc.		296		17,576
Columbus McKinnon Corp.		620		15,760
Douglas Dynamics, Inc.		969		31,880
Energy Recovery, Inc. *(a)		5,535		45,885
EnPro Industries, Inc.		400		28,548
Federal Signal Corp.		2,000		34,720
Global Brass & Copper Holdings, Inc.		3,107		94,919
Greenbrier Cos., Inc. (The)		726		33,577
Harsco Corp. *		4,007		64,513
Hyster-Yale Materials Handling, Inc.		348		24,447
John Bean Technologies Corp.		1,269		124,362
Kadant, Inc.		253		19,026
Kennametal, Inc.		2,398		89,733
Lydall, Inc. *		1,067		55,164
Manitowoc Co., Inc. (The) *		4,381		26,330
Meritor, Inc. *		3,406		56,574
Mueller Water Products, Inc., Class A		5,126		59,872
Navistar International Corp. *		3,702		97,103
NN, Inc.		927		25,446
RBC Bearings, Inc. *		181		18,418
Spartan Motors, Inc.		7,354		65,083
SPX Corp. *		4,273		107,509
Standex International Corp.		358		32,471
Supreme Industries, Inc., Class A		3,768		61,984
Tennant Co.		497		36,679


INVESTMENTS	SHARES		VALUE ($)
Machinery - 3.6% (continued)
Titan International, Inc.		7,037		84,514
Watts Water Technologies, Inc., Class A		425		26,860
Woodward, Inc.		689		46,563

				1,530,163

Marine - 0.1%
Scorpio Bulkers, Inc. *		4,339		30,807


Media - 0.5%
AMC Entertainment Holdings, Inc., Class A		2,173		49,436
Entravision Communications Corp., Class A		2,467		16,282
EW Scripps Co. (The), Class A *		1,235		21,995
Gray Television, Inc. *		2,135		29,249
IMAX Corp. *		509		11,198
Nexstar Media Group, Inc., Class A		356		21,289
Sinclair Broadcast Group, Inc., Class A		1,581		52,015
World Wrestling Entertainment, Inc., Class A		1,183		24,098

				225,562

Metals & Mining - 1.7%
AK Steel Holding Corp. *		16,002		105,133
Allegheny Technologies, Inc.		1,816		30,890
Century Aluminum Co. *		6,769		105,461
Cliffs Natural Resources, Inc. *		11,621		80,417
Gold Resource Corp.		5,315		21,685
Hecla Mining Co.		12,271		62,582
Kaiser Aluminum Corp.		680		60,194
Olympic Steel, Inc.		1,714		33,389
Ryerson Holding Corp. *		5,435		53,807
SunCoke Energy, Inc. *		3,986		43,447
TimkenSteel Corp. *		2,306		35,443
Worthington Industries, Inc.		1,849		92,857

				725,305

Multiline Retail - 0.2%
Big Lots, Inc. (a)		713		34,438
Ollie’s Bargain Outlet Holdings, Inc. *		1,308		55,721

				90,159

Multi-Utilities - 0.2%
Avista Corp.		1,753		74,432


Oil, Gas & Consumable Fuels - 1.3%
Abraxas Petroleum Corp. *		19,535		31,647
Bill Barrett Corp. *		3,994		12,262
Callon Petroleum Co. *		4,250		45,092
Contango Oil & Gas Co. *		2,459		16,328
Denbury Resources, Inc. *		14,578		22,304
Eclipse Resources Corp. *		23,591		67,470
EP Energy Corp., Class A *(a)		11,757		43,031
Evolution Petroleum Corp.		2,084		16,880
GasLog Ltd. (Monaco) (a)		1,757		26,794
Golar LNG Ltd. (Norway)		1,232		27,412
Green Plains, Inc.		616		12,659
Oasis Petroleum, Inc. *		3,041		24,480
Pacific Ethanol, Inc. *		900		5,625
REX American Resources Corp. *		300		28,968
Ring Energy, Inc. *		5,063		65,819
RSP Permian, Inc. *		1,194		38,530


INVESTMENTS	SHARES		VALUE ($)
Oil, Gas & Consumable Fuels - 1.3% (continued)
Sanchez Energy Corp. *(a)		5,289		37,975
SemGroup Corp., Class A		674		18,198
Ship Finance International Ltd. (Norway)		1,000		13,600
Westmoreland Coal Co. *		2,649		12,901

				567,975

Paper & Forest Products - 0.2%
Louisiana-Pacific Corp. *		2,967		71,534


Personal Products - 0.2%
Natural Health Trends Corp.		1,142		31,805
Revlon, Inc., Class A *		830		19,671
USANA Health Sciences, Inc. *		600		38,460

				89,936

Pharmaceuticals - 2.0%
Aclaris Therapeutics, Inc. *		763		20,692
Aerie Pharmaceuticals, Inc. *		2,934		154,182
Amphastar Pharmaceuticals, Inc. *		1,336		23,861
ANI Pharmaceuticals, Inc. *		400		18,720
Aratana Therapeutics, Inc. *		3,238		23,411
Catalent, Inc. *		560		19,656
Corcept Therapeutics, Inc. *		6,704		79,107
Dermira, Inc. *		1,305		38,028
Heska Corp. *		1,331		135,855
Medicines Co. (The) *		1,499		56,977
Nektar Therapeutics *		1,662		32,492
Omeros Corp. *(a)		1,286		25,598
Phibro Animal Health Corp., Class A		342		12,671
Prestige Brands Holdings, Inc. *		1,126		59,464
Supernus Pharmaceuticals, Inc. *		2,382		102,664
Teligent, Inc. *		3,732		34,148
TherapeuticsMD, Inc. *(a)		3,563		18,777
WaVe Life Sciences Ltd. *		735		13,671

				869,974

Professional Services - 0.5%
Exponent, Inc.		576		33,581
Insperity, Inc.		534		37,914
Korn/Ferry International		1,020		35,221
Mistras Group, Inc. *		764		16,785
On Assignment, Inc. *		635		34,385
WageWorks, Inc. *		817		54,902

				212,788

Real Estate Management & Development - 0.4%
HFF, Inc., Class A		1,079		37,517
Kennedy-Wilson Holdings, Inc.		1,000		19,050
Marcus & Millichap, Inc. *		1,193		31,447
RE/MAX Holdings, Inc., Class A		998		55,938
RMR Group, Inc. (The), Class A		631		30,698

				174,650

Road & Rail - 0.5%
ArcBest Corp.		1,021		21,033
Covenant Transportation Group, Inc., Class A *		1,000		17,530
Heartland Express, Inc.		1,825		37,996
Knight Transportation, Inc. (a)		1,521		56,353
Marten Transport Ltd.		800		21,920
Saia, Inc. *		793		40,681
Werner Enterprises, Inc.		648		19,019

				214,532


INVESTMENTS	SHARES		VALUE ($)
Semiconductors & Semiconductor Equipment - 5.9%
Advanced Energy Industries, Inc. *		2,087		135,008
Advanced Micro Devices, Inc. *		44,387		553,950
Alpha & Omega Semiconductor Ltd. *		2,612		43,542
Ambarella, Inc. *(a)		251		12,186
Amkor Technology, Inc. *		10,686		104,402
Axcelis Technologies, Inc. *		2,117		44,351
Brooks Automation, Inc.		1,666		36,136
Cabot Microelectronics Corp.		300		22,149
Cavium, Inc. *		870		54,053
CEVA, Inc. *		450		20,452
Cirrus Logic, Inc. *		3,224		202,209
Diodes, Inc. *		696		16,725
Entegris, Inc. *		2,145		47,083
FormFactor, Inc. *		837		10,379
Inphi Corp. *(a)		2,512		86,162
Integrated Device Technology, Inc. *		3,043		78,479
MACOM Technology Solutions Holdings, Inc. *		2,133		118,957
MaxLinear, Inc. *		5,061		141,151
Microsemi Corp. *		3,051		142,787
MKS Instruments, Inc.		1,352		90,990
Monolithic Power Systems, Inc.		2,229		214,876
Nanometrics, Inc. *		818		20,687
NeoPhotonics Corp. *		2,716		20,967
Photronics, Inc. *		1,352		12,709
Power Integrations, Inc.		424		30,910
Rambus, Inc. *		3,205		36,633
Rudolph Technologies, Inc. *		786		17,960
Semtech Corp. *		662		23,666
Sigma Designs, Inc. *		1,966		11,501
Synaptics, Inc. *(a)		256		13,238
Ultra Clean Holdings, Inc. *		4,940		92,625
Veeco Instruments, Inc. *		1,199		33,392
Xperi Corp.		1,800		53,640

				2,543,955

Software - 4.8%
8x8, Inc. *		4,163		60,572
ACI Worldwide, Inc. *		1,294		28,947
Aspen Technology, Inc. *		1,546		85,432
Barracuda Networks, Inc. *		1,541		35,535
Blackbaud, Inc.		923		79,147
BroadSoft, Inc. *		1,139		49,034
Callidus Software, Inc. *		2,014		48,739
CommVault Systems, Inc. *		357		20,153
Ebix, Inc. (a)		1,032		55,625
Ellie Mae, Inc. *		1,769		194,431
Fair Isaac Corp.		880		122,681
Gigamon, Inc. *		1,472		57,923
HubSpot, Inc. *		891		58,583
MicroStrategy, Inc., Class A *		200		38,334
Paycom Software, Inc. *		2,884		197,294
Paylocity Holding Corp. *		1,556		70,300
Pegasystems, Inc.		1,275		74,396
Proofpoint, Inc. *		1,585		137,626
PROS Holdings, Inc. *		410		11,230
Qualys, Inc. *		787		32,110
RealPage, Inc. *		1,384		49,755
RingCentral, Inc., Class A *		2,397		87,610
Take-Two Interactive Software, Inc. *		4,664		342,244
TiVo Corp.		1,667		31,090
Varonis Systems, Inc. *		337		12,536


INVESTMENTS	SHARES		VALUE ($)
Software - 4.8% (continued)
Verint Systems, Inc. *		900		36,630
VirnetX Holding Corp. *		80		364
Zendesk, Inc. *		2,394		66,505

				2,084,826

Specialty Retail - 0.7%
Caleres, Inc.		931		25,863
Children’s Place, Inc. (The)		498		50,846
Five Below, Inc. *		984		48,580
Group 1 Automotive, Inc.		200		12,664
Lithia Motors, Inc., Class A		369		34,771
MarineMax, Inc. *		669		13,079
Monro Muffler Brake, Inc.		414		17,284
Party City Holdco, Inc. *(a)		1,551		24,273
Select Comfort Corp. *		1,283		45,534
Tile Shop Holdings, Inc.		1,151		23,768
Tilly’s, Inc., Class A		1,337		13,571

				310,233

Technology Hardware, Storage & Peripherals - 0.3%
3D Systems Corp. *		2,501		46,769
Cray, Inc. *		1,006		18,510
Electronics For Imaging, Inc. *		983		46,574
Immersion Corp. *		1,473		13,375
Super Micro Computer, Inc. *		1,027		25,316

				150,544

Textiles, Apparel & Luxury Goods - 0.2%
Columbia Sportswear Co.		1,013		58,815
Steven Madden Ltd. *		439		17,538

				76,353

Thrifts & Mortgage Finance - 2.5%
Beneficial Bancorp, Inc.		1,856		27,840
BofI Holding, Inc. *(a)		3,235		76,734
Capitol Federal Financial, Inc.		4,102		58,289
Essent Group Ltd. *		2,281		84,716
First Defiance Financial Corp.		725		38,193
HomeStreet, Inc. *		1,444		39,963
Kearny Financial Corp.		3,143		46,674
LendingTree, Inc. *(a)		622		107,108
Meridian Bancorp, Inc.		1,087		18,370
Meta Financial Group, Inc.		1,311		116,679
MGIC Investment Corp. *		3,513		39,346
Nationstar Mortgage Holdings, Inc. *		2,032		36,352
Northwest Bancshares, Inc.		7,532		117,575
Oritani Financial Corp.		2,501		42,642
PennyMac Financial Services, Inc., Class A *		835		13,944
Radian Group, Inc.		1,913		31,278
Walker & Dunlop, Inc. *		1,172		57,229
Washington Federal, Inc.		2,434		80,809
Waterstone Financial, Inc.		2,000		37,700

				1,071,441

Tobacco - 0.1%
Universal Corp.		323		20,898
Vector Group Ltd.		1,505		32,087

				52,985


INVESTMENTS	SHARES		VALUE ($)
Trading Companies & Distributors - 1.0%
Aircastle Ltd.		1,474		32,059
Beacon Roofing Supply, Inc. *		1,573		77,077
CAI International, Inc. *		1,857		43,825
DXP Enterprises, Inc. *		1,558		53,751
H&E Equipment Services, Inc.		878		17,920
MRC Global, Inc. *		3,803		62,826
Neff Corp., Class A *		1,111		21,109
NOW, Inc. *		824		13,250
Univar, Inc. *		4,269		124,655

				446,472

Water Utilities - 0.2%
American States Water Co.		300		14,223
Connecticut Water Service, Inc.		635		35,249
Middlesex Water Co.		1,085		42,966

				92,438

Wireless Telecommunication Services - 0.2%
Boingo Wireless, Inc. *		1,931		28,888
Shenandoah Telecommunications Co.		2,014		61,830

				90,718

TOTAL COMMON STOCKS (Cost $32,840,041)				41,546,498


EXCHANGE TRADED FUND - 2.1%
iShares Russell 2000 Fund
(Cost $724,493)		6,426		905,552


SHORT-TERM INVESTMENT - 1.3%

Investment Company - 1.3%
Limited Purpose Cash Investment Fund, 0.81%
(Cost $579,373) (2)(b)		579,431		579,373


SECURITIES LENDING COLLATERAL - 4.6%

Investment Company - 4.6%
Investments in a Pooled Account through Securities Lending Program with Citibank NA
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84%
(Cost $1,969,254) (2)(b)(c)		1,969,254		1,969,254

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 104.5% (Cost $36,113,161)				45,000,677


LIABILITIES IN EXCESS OF OTHER ASSETS - (4.5)%				(1,950,867	)

NET ASSETS - 100.0%				43,049,810


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	3,702,876		8.6	%
Consumer Staples		1,202,897		2.8
Energy		1,111,189		2.6
Exchange Traded Fund		905,552		2.1
Financials		7,826,115		18.2
Health Care		7,757,738		18.0
Industrials		5,273,126		12.2
Information Technology		9,765,023		22.7
Materials		2,316,341		5.4
Real Estate		1,715,176		4.0
Telecommunication Services		254,225		0.6
Utilities		621,792		1.4
Short-Term Investment		579,373		1.3
Securities Lending Collateral		1,969,254		4.6

Total Investments In Securities At Value		45,000,677		104.5
Liabilities in Excess of Other Assets		(1,950,867)		(4.5)

Net Assets	$	43,049,810		100.0	%

All securities are United States companies, unless noted otherwise in parentheses.

*	Non-income producing security.

(a)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $1,905,086.

(b)	Represents 7-day effective yield as of 6/30/2017.

(c)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

All securities are Level 1 with respect to ASC 820, unless otherwise noted in parentheses.

(2)	Level 2 security (See Note 4).


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 96.2%

Australia - 5.6%
AGL Energy Ltd.		13,172		258,125
Amcor Ltd.		28,362		353,326
Aristocrat Leisure Ltd.		10,915		189,233
Australia & New Zealand Banking Group Ltd.		8,617		190,192
BHP Billiton plc		55,288		847,051
Brambles Ltd.		3,355		25,087
Caltex Australia Ltd.		1,674		40,650
Commonwealth Bank of Australia		525		33,398
Crown Resorts Ltd.		9,828		92,757
CSL Ltd.		3,340		354,473
Dexus, REIT		14,878		108,321
Domino’s Pizza Enterprises Ltd.		2,129		85,193
Fortescue Metals Group Ltd.		76,831		307,562
GPT Group (The), REIT		27,005		99,325
Insurance Australia Group Ltd.		28,183		146,880
Medibank Pvt Ltd.		45,386		97,722
National Australia Bank Ltd.		4,482		101,959
Origin Energy Ltd. *		19,534		102,997
Qantas Airways Ltd.		35,049		154,059
Ramsay Health Care Ltd.		5,589		316,236
Scentre Group, REIT		73,921		229,828
South32 Ltd.		136,113		280,326
Suncorp Group Ltd.		11,005		125,347
Treasury Wine Estates Ltd.		54,769		553,821

				5,093,868

Austria - 0.7%
ANDRITZ AG		2,003		120,847
OMV AG		6,031		313,266
Raiffeisen Bank International AG *		8,448		213,241

				647,354

Belgium - 0.8%
Ageas		9,048		364,374
KBC Group NV		2,370		179,691
Umicore SA		2,521		175,363

				719,428

Canada - 6.4%
Alimentation Couche-Tard, Inc., Class B (1)		2,207		105,789
Bank of Montreal (1)		5,883		431,970
Bank of Nova Scotia (The) (1)		8,533		513,309
Bombardier, Inc., Class B (1) *		35,987		65,491
Canadian Imperial Bank of Commerce (1)		340		27,632
Canadian National Railway Co. (1)		1,220		98,989
Canadian Natural Resources Ltd. (1)		2,703		77,997
Canadian Tire Corp. Ltd., Class A (1)		921		104,799
CCL Industries, Inc., Class B (1)		6,150		311,152
CGI Group, Inc., Class A (1) *		2,721		139,029
CI Financial Corp. (1)		2,385		50,834
Constellation Software, Inc. (1)		299		156,419
Dollarama, Inc. (1)		2,778		265,440
Encana Corp. (1)		15,075		132,639
Gildan Activewear, Inc. (1)		2,830		86,964


INVESTMENTS	SHARES		VALUE ($)
Canada - 6.4% (continued)
International Petroleum Corp. *		3,493		10,365
Jean Coutu Group PJC, Inc. (The), Class A (1)		2,305		35,371
Keyera Corp. (1)		852		26,819
Manulife Financial Corp. (1)		14,399		269,926
Methanex Corp. (1)		780		34,435
National Bank of Canada (1)		1,009		42,428
Onex Corp. (1)		1,464		117,194
Open Text Corp. (1)		2,452		77,391
PrairieSky Royalty Ltd. (1)		2,014		45,862
Restaurant Brands International, Inc. (1)		5,059		316,539
Royal Bank of Canada (1)		10,593		769,152
Seven Generations Energy Ltd., Class A (1)*		5,825		99,763
Sun Life Financial, Inc. (1)		6,164		220,360
Suncor Energy, Inc. (1)		3,783		110,532
Teck Resources Ltd., Class B (1)		12,496		216,618
Thomson Reuters Corp. (1)		4,857		224,872
Toronto-Dominion Bank (The) (1)		11,523		580,682

				5,766,762

Chile - 0.0% (a)
Antofagasta plc		3,557		37,110


China - 0.5%
BOC Hong Kong Holdings Ltd.		89,500		428,321


Denmark - 1.3%
AP Moller - Maersk A/S, Class B		31		62,419
Chr Hansen Holding A/S		1,123		81,672
Danske Bank A/S		3,228		124,191
Genmab A/S *		1,353		288,487
ISS A/S		1,327		52,126
Pandora A/S		1,423		132,801
Tryg A/S		11,965		261,663
Vestas Wind Systems A/S		2,208		203,947

				1,207,306

Finland - 1.1%
Kone OYJ, Class B		3,861		196,429
Metso OYJ		761		26,405
Neste OYJ		5,441		214,707
Nokian Renkaat OYJ		1,449		59,979
Orion OYJ, Class B		1,872		119,585
Sampo OYJ, Class A		3,563		182,802
Stora Enso OYJ, Class R		4,024		51,998
UPM-Kymmene OYJ		5,157		147,051
Wartsila OYJ Abp		430		25,429

				1,024,385

France - 6.7%
Accor SA		917		43,016
Airbus SE		10,257		846,464
AXA SA		6,712		183,797
BNP Paribas SA		10,463		753,260
Capgemini SE		1,863		192,453
Credit Agricole SA		26,078		420,074
Dassault Systemes SE		2,145		192,387
Essilor International SA		726		92,356
Hermes International		304		150,169


INVESTMENTS	SHARES		VALUE ($)
France - 6.7% (continued)
Iliad SA		513		121,236
L’Oreal SA		548		114,266
LVMH Moet Hennessy Louis Vuitton SE		1,666		416,592
Orange SA		18,570		295,540
Peugeot SA		2,366		47,154
Renault SA		555		50,214
Safran SA		2,841		260,538
Sanofi		811		77,710
SFR Group SA *		3,252		109,911
Societe Generale SA		14,482		780,952
TOTAL SA		10,152		504,016
Valeo SA		5,598		376,627

				6,028,732

Germany - 9.9%
adidas AG		4,540		870,540
Allianz SE (Registered)		3,620		714,379
BASF SE		6,708		622,563
Bayer AG (Registered)		1,898		246,000
Brenntag AG		1,417		82,178
Continental AG		724		156,623
Covestro AG (b)		3,603		261,196
Deutsche Post AG (Registered)		5,125		192,384
Deutsche Wohnen AG		1,901		72,841
Fresenius Medical Care AG & Co. KGaA		459		44,292
GEA Group AG		2,394		98,300
Hannover Rueck SE		3,192		383,402
HeidelbergCement AG		1,072		103,919
Infineon Technologies AG		42,845		910,052
LANXESS AG		1,354		102,688
MAN SE		594		63,703
Merck KGaA		2,895		350,291
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (Registered)		264		53,421
OSRAM Licht AG		1,230		98,181
ProSiebenSat.1 Media SE		1,995		83,689
RWE AG *		3,865		77,207
SAP SE		12,021		1,258,254
Siemens AG (Registered)		10,630		1,462,199
Symrise AG		675		47,891
thyssenkrupp AG		9,994		284,829
Vonovia SE		2,797		111,282
Zalando SE *(b)		3,246		148,430

				8,900,734

Hong Kong - 2.9%
AIA Group Ltd.		69,200		506,292
ASM Pacific Technology Ltd.		3,800		51,272
Cathay Pacific Airways Ltd.		44,000		68,299
Cheung Kong Property Holdings Ltd.		7,000		54,777
CK Hutchison Holdings Ltd.		7,000		87,847
CLP Holdings Ltd.		26,000		274,933
Galaxy Entertainment Group Ltd.		30,000		182,079
Henderson Land Development Co. Ltd.		19,965		111,323
Hong Kong Exchanges & Clearing Ltd.		3,200		82,670


INVESTMENTS	SHARES		VALUE ($)
Hong Kong - 2.9% (continued)
Link REIT		26,000		197,783
MTR Corp. Ltd.		19,500		109,733
PCCW Ltd.		75,000		42,624
Power Assets Holdings Ltd.		4,000		35,308
Sands China Ltd.		26,400		120,847
Sun Hung Kai Properties Ltd.		9,000		132,212
Techtronic Industries Co. Ltd.		14,000		64,330
WH Group Ltd. (b)		251,500		253,958
Wharf Holdings Ltd. (The)		16,000		132,395
Wheelock & Co. Ltd.		9,000		67,883

				2,576,565

Italy - 1.1%
Atlantia SpA		3,173		89,255
Enel SpA		9,323		50,004
Eni SpA		14,544		218,566
Ferrari NV		2,445		210,395
Leonardo SpA		9,430		157,007
Mediobanca SpA		13,256		131,142
Prysmian SpA		2,292		67,599
Snam SpA		13,017		56,808

				980,776

Japan - 20.7%
Acom Co. Ltd. *		17,500		80,102
Aisin Seiki Co. Ltd.		1,800		92,532
Alfresa Holdings Corp.		1,400		27,066
Alps Electric Co. Ltd.		5,800		168,480
Asahi Glass Co. Ltd.		2,200		92,912
Asahi Kasei Corp.		3,000		32,365
Brother Industries Ltd.		5,500		127,397
Chiba Bank Ltd. (The)		4,000		29,110
CYBERDYNE, Inc. *(c)		3,000		39,977
Daicel Corp.		3,400		42,496
Dai-ichi Life Holdings, Inc.		25,100		455,601
Daiichi Sankyo Co. Ltd.		2,400		56,647
Daikin Industries Ltd.		3,800		389,850
Daito Trust Construction Co. Ltd.		1,000		155,796
Daiwa House Industry Co. Ltd.		3,100		106,099
DeNA Co. Ltd.		2,800		62,931
FamilyMart UNY Holdings Co. Ltd.		800		45,813
FANUC Corp.		400		77,418
Fuji Electric Co. Ltd.		6,000		31,736
FUJIFILM Holdings Corp.		2,000		72,115
Fujitsu Ltd.		24,000		177,510
Fukuoka Financial Group, Inc.		8,000		38,170
Hitachi Chemical Co. Ltd.		2,700		80,948
Hitachi Construction Machinery Co. Ltd.		3,400		85,531
Hitachi Ltd.		5,000		30,828
Hoshizaki Corp.		1,200		108,877
Hoya Corp.		2,200		114,535
Idemitsu Kosan Co. Ltd.		10,100		287,332
IHI Corp. *		19,000		64,930
Iida Group Holdings Co. Ltd.		5,600		93,472
Japan Airport Terminal Co. Ltd.		900		34,551
JFE Holdings, Inc.		3,600		62,682
JXTG Holdings, Inc.		13,500		59,069
Kajima Corp.		13,000		109,871
Kakaku.com, Inc.		2,500		35,937


INVESTMENTS	SHARES		VALUE ($)
Japan - 20.7% (continued)
Kaneka Corp.		4,000		30,614
Keihan Holdings Co. Ltd.		13,000		82,727
Keisei Electric Railway Co. Ltd.		2,600		69,585
Keyence Corp.		1,000		440,228
Kikkoman Corp.		3,000		95,965
Koito Manufacturing Co. Ltd.		5,000		258,553
Komatsu Ltd.		12,200		313,143
Konami Holdings Corp.		2,600		144,731
Kose Corp.		400		43,868
Lion Corp.		1,200		24,890
M3, Inc.		5,800		160,001
Mabuchi Motor Co. Ltd.		900		44,985
Marui Group Co. Ltd.		3,700		54,671
Mebuki Financial Group, Inc.		10,100		37,711
MEIJI Holdings Co. Ltd.		1,100		89,198
MINEBEA MITSUMI, Inc.		14,600		236,110
Mitsubishi Chemical Holdings Corp.		15,300		127,476
Mitsubishi Corp.		6,800		142,943
Mitsubishi Electric Corp.		18,300		264,666
Mitsubishi Gas Chemical Co., Inc.		9,800		208,146
Mitsubishi Motors Corp.		8,300		54,889
Mitsubishi Tanabe Pharma Corp.		1,900		43,951
Mitsubishi UFJ Financial Group, Inc.		198,200		1,336,869
Mitsui & Co. Ltd.		2,800		40,084
Mitsui Chemicals, Inc.		10,000		53,254
Mitsui OSK Lines Ltd.		13,000		38,388
Mixi, Inc.		1,700		94,604
Mizuho Financial Group, Inc.		64,000		117,342
Nexon Co. Ltd.		5,700		113,064
Nidec Corp.		1,000		102,740
Nintendo Co. Ltd.		2,000		669,583
Nippon Paint Holdings Co. Ltd.		3,500		133,157
Nisshin Seifun Group, Inc.		3,800		62,470
Nitori Holdings Co. Ltd.		2,700		361,431
Nitto Denko Corp.		1,400		115,614
Nomura Holdings, Inc.		58,800		354,590
Nomura Real Estate Master Fund, Inc., REIT		42		57,400
Nomura Research Institute Ltd.		1,650		65,186
NSK Ltd.		13,900		174,914
NTT Data Corp.		12,500		139,458
Obayashi Corp.		15,000		176,732
Obic Co. Ltd.		1,600		98,521
Olympus Corp.		900		32,975
Otsuka Corp.		1,200		74,645
Otsuka Holdings Co. Ltd.		5,500		234,824
Panasonic Corp.		2,000		27,251
Park24 Co. Ltd.		3,600		91,607
Recruit Holdings Co. Ltd.		9,000		154,889
Resona Holdings, Inc.		36,400		201,067
Rinnai Corp.		500		46,713
Rohm Co. Ltd.		1,600		123,362
Ryohin Keikaku Co. Ltd.		400		100,112
Secom Co. Ltd.		1,300		98,910
Seiko Epson Corp.		2,200		49,087
Sekisui House Ltd.		3,900		68,927
Sharp Corp. *(c)		82,000		303,951
Shimadzu Corp.		5,000		95,276


INVESTMENTS	SHARES		VALUE ($)
Japan - 20.7% (continued)
Shimamura Co. Ltd.		300		36,778
Shimano, Inc.		1,100		174,656
Shimizu Corp.		12,000		127,507
Shin-Etsu Chemical Co. Ltd.		6,100		555,179
Shionogi & Co. Ltd.		4,300		239,759
Shiseido Co. Ltd.		3,600		128,332
SoftBank Group Corp.		11,200		910,450
Sohgo Security Services Co. Ltd.		2,400		108,336
Sompo Holdings, Inc.		1,200		46,578
Sony Corp.		12,600		480,611
Start Today Co. Ltd.		1,700		41,896
Sumitomo Heavy Industries Ltd.		24,000		159,255
Sumitomo Mitsui Financial Group, Inc.		10,100		394,349
Suruga Bank Ltd.		3,000		72,961
Suzuki Motor Corp.		5,800		276,300
Sysmex Corp.		3,000		179,561
T&D Holdings, Inc.		17,500		267,612
Taiheiyo Cement Corp.		12,000		43,884
Taisei Corp.		11,000		100,612
Teijin Ltd.		1,800		34,735
Terumo Corp.		5,600		220,970
Toho Gas Co. Ltd.		12,000		87,408
Tokio Marine Holdings, Inc.		2,600		108,194
Tokyo Electron Ltd.		3,000		405,579
Tokyu Corp.		4,000		30,566
Toray Industries, Inc.		5,000		41,948
TOTO Ltd.		3,500		134,102
Toyota Tsusho Corp.		800		24,053
Trend Micro, Inc.		2,500		129,208
USS Co. Ltd.		4,900		97,662
Yamaha Corp.		6,000		207,714
Yamaha Motor Co. Ltd.		5,000		129,747
Yamato Holdings Co. Ltd.		2,100		42,663
Yaskawa Electric Corp.		4,900		104,331

				18,692,230

Luxembourg - 0.8%
ArcelorMittal *		26,072		591,394
Tenaris SA		10,169		158,776

				750,170

Macau - 0.1%
MGM China Holdings Ltd. (c)		16,000		35,581
Wynn Macau Ltd.		25,600		59,778

				95,359

Mexico - 0.2%
Fresnillo plc		9,966		193,188


Netherlands - 5.6%
ABN AMRO Group NV, CVA (b)		5,133		135,983
Altice NV, Class A *		11,496		264,861
ASML Holding NV		6,249		814,574
EXOR NV		1,673		90,782
ING Groep NV		61,788		1,066,632
Koninklijke DSM NV		1,536		111,717
Koninklijke Philips NV		4,693		167,065
NN Group NV		1,912		67,844
Randstad Holding NV		1,696		98,879
Royal Dutch Shell plc, Class B		75,279		2,020,971


INVESTMENTS	SHARES		VALUE ($)
Netherlands - 5.6% (continued)
Wolters Kluwer NV		5,281		223,349

				5,062,657

Norway - 0.6%
DNB ASA		17,192		292,690
Golar LNG Ltd. (3)(d)		70		1,426
Marine Harvest ASA *		2,603		44,535
Norsk Hydro ASA		41,750		231,045

				569,696

Portugal - 0.2%
Galp Energia SGPS SA		9,053		137,187


Singapore - 0.3%
ComfortDelGro Corp. Ltd.		16,200		27,059
DBS Group Holdings Ltd.		4,100		61,708
Singapore Telecommunications Ltd.		74,000		208,982

				297,749

Spain - 4.5%
Aena SA (b)		716		139,816
Amadeus IT Group SA		6,461		386,211
Banco Bilbao Vizcaya Argentaria SA		40,625		338,404
Banco Santander SA		297,589		1,975,956
CaixaBank SA		111,404		532,553
Ferrovial SA		8,844		196,453
Gas Natural SDG SA		1,448		33,895
Grifols SA		3,053		85,121
Industria de Diseno Textil SA		6,205		238,303
Mapfre SA		14,341		50,197
Repsol SA		6,399		98,104

				4,075,013

Sweden - 4.6%
Assa Abloy AB, Class B		13,984		308,228
Atlas Copco AB, Class A		14,592		561,088
Boliden AB		14,599		399,063
Electrolux AB, Series B		2,915		95,587
Hexagon AB, Class B		1,945		92,406
ICA Gruppen AB		1,565		58,299
Investor AB, Class B		3,128		150,915
Kinnevik AB, Class B		2,239		68,641
Lundin Petroleum AB *		8,421		162,306
Nordea Bank AB		39,534		503,522
Sandvik AB		29,953		471,587
Skandinaviska Enskilda Banken AB, Class A		7,236		87,604
Skanska AB, Class B		14,829		352,129
Svenska Handelsbanken AB, Class A		16,056		229,956
Swedbank AB, Class A		11,274		275,152
Volvo AB, Class B		22,248		379,410

				4,195,893

Switzerland - 5.5%
ABB Ltd. (Registered)		28,846		715,990
Cie Financiere Richemont SA (Registered)		4,548		376,342
Coca-Cola HBC AG *		2,201		64,729
Dufry AG (Registered) *		154		25,273
EMS-Chemie Holding AG (Registered)		460		339,669
Geberit AG (Registered)		528		246,555


INVESTMENTS	SHARES		VALUE ($)
Switzerland - 5.5% (continued)
Givaudan SA (Registered)		127		254,483
Glencore plc *		177,720		665,957
Julius Baer Group Ltd. *		504		26,629
LafargeHolcim Ltd. (Registered) *		5,001		287,423
Lonza Group AG (Registered) *		808		175,026
Partners Group Holding AG		1,371		851,268
Schindler Holding AG		238		50,459
Sika AG		34		218,284
STMicroelectronics NV		12,404		178,364
Swatch Group AG (The)		163		60,288
Swiss Life Holding AG (Registered) *		184		62,242
Swiss Re AG		1,402		128,483
Zurich Insurance Group AG		720		210,131

				4,937,595

United Kingdom - 15.8%
3i Group plc		5,219		61,363
Admiral Group plc		1,746		45,562
Anglo American plc *		24,124		322,290
Ashtead Group plc		4,765		98,600
Associated British Foods plc		839		32,106
AstraZeneca plc		4,402		294,862
Auto Trader Group plc (b)		29,518		146,154
BAE Systems plc		37,113		306,378
Barclays plc		30,109		79,632
Barratt Developments plc		7,602		55,831
BP plc		186,879		1,078,698
British American Tobacco plc		28,247		1,924,833
BT Group plc		11,010		42,336
Bunzl plc		6,811		203,052
CNH Industrial NV		8,242		93,471
Compass Group plc		27,316		576,581
Diageo plc		1,887		55,764
Direct Line Insurance Group plc		42,210		195,454
Dixons Carphone plc		18,897		69,856
Experian plc		5,258		107,909
Fiat Chrysler Automobiles NV *		32,070		338,806
GlaxoSmithKline plc		39,536		841,613
HSBC Holdings plc		165,229		1,533,650
Imperial Brands plc		7,733		347,499
Inmarsat plc		6,370		63,886
International Consolidated Airlines Group SA		5,167		41,053
Intertek Group plc		3,758		206,447
ITV plc		79,090		187,212
Kingfisher plc		13,199		51,699
Legal & General Group plc		45,149		151,927
Marks & Spencer Group plc		12,540		54,425
Merlin Entertainments plc (b)		9,248		57,891
National Grid plc		36,438		451,485
Next plc		515		25,865
Pearson plc		4,138		37,258
Persimmon plc		12,600		368,002
Prudential plc		20,491		470,346
Randgold Resources Ltd.		2,064		183,151
Reckitt Benckiser Group plc		5,607		568,399
RELX NV		13,050		269,049
Rio Tinto plc		10,666		451,725
Sage Group plc (The)		32,325		289,663


INVESTMENTS	SHARES		VALUE ($)
United Kingdom - 15.8% (continued)
Severn Trent plc		846		24,050
Smith & Nephew plc		3,009		51,961
SSE plc		1,950		36,897
Standard Chartered plc *		37,014		374,886
Taylor Wimpey plc		76,759		176,273
United Utilities Group plc		2,545		28,768
Vodafone Group plc		255,688		726,142
Whitbread plc		1,309		67,648

				14,268,408

United States - 0.1%
QIAGEN NV *		768		25,554
Shire plc		580		31,981

				57,535

Zambia - 0.2%
First Quantum Minerals Ltd. (1)		16,534		139,866

TOTAL COMMON STOCKS (Cost $76,381,622)				86,883,887


SHORT-TERM INVESTMENT - 3.0%

Investment Company - 3.0%
Limited Purpose Cash Investment Fund, 0.81%
(Cost $2,683,853) (e)		2,684,121		2,683,853


SECURITIES LENDING COLLATERAL - 0.4%

Investment Company - 0.3%
Investments in a Pooled Account through Securities Lending Program with Citibank NA
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84%
(Cost $315,805) (e)(f)		315,805		315,805


	PRINCIPAL AMOUNT ($)
U.S. Treasury Obligations - 0.1%
Investments in a Pooled Account through Securities Lending Program with Citibank NA U.S. Treasury Notes 1.00%, 5/31/2018 (f)		48,639		48,561
1.12%, 4/30/2019 (f)		7		7

TOTAL U.S. TREASURY OBLIGATIONS (Cost $48,568)				48,568

TOTAL SECURITIES LENDING COLLATERAL (Cost $364,373)				364,373

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 99.6% (Cost $79,429,848)				89,932,113


OTHER ASSETS IN EXCESS OF LIABILITIES - 0.4% (g)				320,401

NET ASSETS - 100.0%				90,252,514


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	10,385,635		11.5	%
Consumer Staples		4,649,906		5.2
Energy		5,958,856		6.6
Financials		23,367,896		25.8
Health Care		4,745,814		5.3
Industrials		13,734,135		15.2
Information Technology		8,306,694		9.2
Materials		10,218,500		11.3
Real Estate		1,637,265		1.8
Telecommunication Services		2,521,106		2.8
Utilities		1,358,080		1.5
Short-Term Investment		2,683,853		3.0
Securities Lending Collateral		364,373		0.4

Total Investments In Securities At Value		89,932,113		99.6
Other Assets in Excess of Liabilities (g)		320,401		0.4

Net Assets	$	90,252,514		100.0	%

*	Non-income producing security.

(a)	Represents less than 0.05% of net assets.

(b)

Securities exempt from registration under Rule 144A or section 4(2), of the Securities Act of 1933. Under procedures approved by the Board of Trustees, such securities have been determined to be liquid by the investment adviser and may be resold, normally to qualified institutional buyers in transactions exempt from registration. Total value of all such securities at 6/30/2017 amounted to $1,143,428, which represents approximately 1.27% of net assets of the fund.

(c)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $346,398.

(d)	Security fair valued as of 6/30/2017 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at 6/30/2017 amounted to $1,426, which represents approximately 0.00% of net assets of the fund.

(e)	Represents 7-day effective yield as of 6/30/2017.

(f)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

(g)	Includes appreciation/(depreciation) on futures contracts.

All securities are Level 2 with respect to ASC 820, unless otherwise noted in parentheses.

(1)	Level 1 security (See Note 4).

(3)	Level 3 security (See Note 4).

Abbreviations

CVA - Dutch Certification

OYJ - Public Traded Company

REIT - Real Estate Investment Trust

SGPS - Sociedade Gestora de Participacões Sociais

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 93.8%

Aerospace & Defense - 3.5%
Boeing Co. (The)		64,838		12,821,714
General Dynamics Corp.		20,820		4,124,442
Huntington Ingalls Industries, Inc.		1,805		336,019
Lockheed Martin Corp.		17,091		4,744,632
Northrop Grumman Corp.		28,065		7,204,566
Raytheon Co.		46,345		7,483,791
Rockwell Collins, Inc.		3,469		364,523
United Technologies Corp.		24,858		3,035,410

				40,115,097

Air Freight & Logistics - 1.0%
CH Robinson Worldwide, Inc.		25,824		1,773,592
Expeditors International of Washington, Inc.		71,959		4,064,245
FedEx Corp.		4,513		980,810
United Parcel Service, Inc., Class B		44,385		4,908,537

				11,727,184

Airlines - 0.5%
Alaska Air Group, Inc.		9,763		876,327
Southwest Airlines Co.		83,098		5,163,710

				6,040,037

Banks - 4.9%
Bank of Hawaii Corp.		20,762		1,722,623
BB&T Corp.		37,331		1,695,201
BOK Financial Corp. (a)		12,723		1,070,386
Commerce Bancshares, Inc.		33,191		1,886,244
Cullen/Frost Bankers, Inc.		11,255		1,056,957
East West Bancorp, Inc.		48,904		2,864,796
First Republic Bank		2,157		215,916
JPMorgan Chase & Co.		2,379		217,441
M&T Bank Corp.		49,427		8,004,703
PacWest Bancorp		26,130		1,220,271
People’s United Financial, Inc.		22,078		389,897
PNC Financial Services Group, Inc. (The)		43,562		5,439,587
Signature Bank *		4,728		678,610
SunTrust Banks, Inc.		15,300		867,816
SVB Financial Group *		19,443		3,417,885
TCF Financial Corp.		103,623		1,651,751
US Bancorp		249,687		12,963,749
Wells Fargo & Co.		192,781		10,681,995

				56,045,828

Beverages - 3.6%
Brown-Forman Corp., Class B		30,737		1,493,818
Coca-Cola Co. (The)		355,941		15,963,954
Dr Pepper Snapple Group, Inc.		53,145		4,842,041
Monster Beverage Corp. *		58,915		2,926,897
PepsiCo, Inc.		139,018		16,055,189

				41,281,899

Biotechnology - 1.0%
Biogen, Inc. *		4,242		1,151,109
Bioverativ, Inc. *		26,060		1,568,030
Celgene Corp. *		15,326		1,990,388
Regeneron Pharmaceuticals, Inc. *		3,401		1,670,367
Seattle Genetics, Inc. *		18,556		960,088


INVESTMENTS	SHARES		VALUE ($)
Biotechnology - 1.0% (continued)
United Therapeutics Corp. *		19,374		2,513,389
Vertex Pharmaceuticals, Inc. *		11,076		1,427,364

				11,280,735

Capital Markets - 0.8%
Bank of New York Mellon Corp. (The)		12,985		662,495
CBOE Holdings, Inc.		43,992		4,020,869
FactSet Research Systems, Inc.		7,520		1,249,674
Franklin Resources, Inc.		32,502		1,455,765
MarketAxess Holdings, Inc.		1,172		235,689
T Rowe Price Group, Inc.		15,202		1,128,140
Thomson Reuters Corp. (Canada)		8,739		404,528

				9,157,160

Chemicals - 2.0%
Air Products & Chemicals, Inc.		7,618		1,089,831
Ecolab, Inc.		43,148		5,727,897
International Flavors & Fragrances, Inc.		805		108,675
NewMarket Corp.		3,506		1,614,443
PPG Industries, Inc.		26,741		2,940,440
Praxair, Inc.		7,705		1,021,298
Sherwin-Williams Co. (The)		28,079		9,854,606

				22,357,190

Commercial Services & Supplies - 2.3%
Cintas Corp.		13,680		1,724,227
Clean Harbors, Inc. *		12,491		697,372
Republic Services, Inc.		130,608		8,323,648
Rollins, Inc.		49,117		1,999,553
Waste Management, Inc.		175,248		12,854,441

				25,599,241

Communications Equipment - 0.9%
Arista Networks, Inc. *		17,410		2,607,844
Cisco Systems, Inc.		190,943		5,976,516
F5 Networks, Inc. *		13,955		1,773,122
Palo Alto Networks, Inc. *		975		130,465

				10,487,947

Construction & Engineering - 0.2%
Jacobs Engineering Group, Inc.		18,908		1,028,406
Quanta Services, Inc. *		41,772		1,375,134

				2,403,540

Consumer Finance - 0.3%
American Express Co.		19,451		1,638,552
Discover Financial Services		22,017		1,369,237
SLM Corp. *		12,784		147,016

				3,154,805

Containers & Packaging - 0.0% (b)
Avery Dennison Corp.		2,810		248,320


Distributors - 0.2%
Genuine Parts Co.		15,086		1,399,377
Pool Corp.		10,717		1,259,998

				2,659,375

Diversified Consumer Services - 0.3%
H&R Block, Inc.		104,386		3,226,571


INVESTMENTS	SHARES		VALUE ($)
Diversified Telecommunication Services - 1.3%
AT&T, Inc.		214,076		8,077,087
Verizon Communications, Inc.		142,033		6,343,194

				14,420,281

Electric Utilities - 4.9%
Alliant Energy Corp.		9,681		388,886
American Electric Power Co., Inc.		173,939		12,083,542
Duke Energy Corp.		53,406		4,464,208
Edison International		71,323		5,576,745
Eversource Energy		5,106		309,985
Exelon Corp.		40,444		1,458,815
NextEra Energy, Inc.		52,582		7,368,316
OGE Energy Corp.		95,514		3,322,932
PG&E Corp.		80,914		5,370,262
Pinnacle West Capital Corp.		63,297		5,390,373
PPL Corp.		34,422		1,330,754
Southern Co. (The)		89,692		4,294,453
Xcel Energy, Inc.		87,827		4,029,503

				55,388,774

Electrical Equipment - 0.4%
Acuity Brands, Inc.		13,546		2,753,631
Emerson Electric Co.		8,792		524,179
Rockwell Automation, Inc.		10,199		1,651,830

				4,929,640

Electronic Equipment, Instruments & Components - 0.7%
Amphenol Corp., Class A		10,105		745,951
Cognex Corp.		33,232		2,821,397
Dolby Laboratories, Inc., Class A		16,241		795,159
FLIR Systems, Inc.		42,716		1,480,537
IPG Photonics Corp. *		2,054		298,035
National Instruments Corp.		34,094		1,371,261

				7,512,340

Food & Staples Retailing - 3.4%
Casey’s General Stores, Inc.		12,737		1,364,260
Costco Wholesale Corp.		73,348		11,730,546
CVS Health Corp.		8,719		701,531
Kroger Co. (The)		22,959		535,404
Sysco Corp.		120,742		6,076,945
Walgreens Boots Alliance, Inc.		35,393		2,771,626
Wal-Mart Stores, Inc.		186,345		14,102,589
Whole Foods Market, Inc.		43,613		1,836,543

				39,119,444

Food Products - 2.8%
Campbell Soup Co.		59,691		3,112,886
Conagra Brands, Inc.		26,569		950,107
Flowers Foods, Inc.		39,906		690,773
General Mills, Inc.		81,358		4,507,233
Hershey Co. (The)		68,713		7,377,715
Hormel Foods Corp.		105,618		3,602,630
Ingredion, Inc.		4,746		565,771
Kellogg Co.		22,182		1,540,762
Kraft Heinz Co. (The)		34,065		2,917,327
McCormick & Co., Inc. (Non-Voting)		65,550		6,391,780
Mondelez International, Inc., Class A		10,896		470,598
Tyson Foods, Inc., Class A		2,366		148,182

				32,275,764


INVESTMENTS	SHARES		VALUE ($)
Gas Utilities - 0.6%
Atmos Energy Corp.		38,125		3,162,469
UGI Corp.		80,463		3,895,214

				7,057,683

Health Care Equipment & Supplies - 3.6%
Abbott Laboratories		12,102		588,278
ABIOMED, Inc. *		26,384		3,780,827
Align Technology, Inc. *		22,381		3,359,836
Baxter International, Inc.		4,311		260,988
Becton Dickinson and Co.		9,537		1,860,764
Danaher Corp.		37,871		3,195,934
DexCom, Inc. *		23,002		1,682,596
Edwards Lifesciences Corp. *		13,258		1,567,626
IDEXX Laboratories, Inc. *		8,173		1,319,286
Intuitive Surgical, Inc. *		7,381		6,903,966
Medtronic plc		41,707		3,701,496
ResMed, Inc.		33,673		2,622,117
Stryker Corp.		44,822		6,220,397
Varian Medical Systems, Inc. *		28,208		2,910,784
West Pharmaceutical Services, Inc.		9,245		873,837

				40,848,732

Health Care Providers & Services - 3.3%
Aetna, Inc.		16,085		2,442,186
AmerisourceBergen Corp.		14,583		1,378,531
Anthem, Inc.		25,530		4,802,959
Cardinal Health, Inc.		32,787		2,554,763
Cigna Corp.		14,387		2,408,240
Henry Schein, Inc. *		20,221		3,700,847
Humana, Inc.		25,946		6,243,126
McKesson Corp.		2,261		372,025
UnitedHealth Group, Inc.		71,919		13,335,221

				37,237,898

Health Care Technology - 0.0% (b)
Veeva Systems, Inc., Class A *		7,106		435,669


Hotels, Restaurants & Leisure - 3.2%
Chipotle Mexican Grill, Inc. *		4,219		1,755,526
Darden Restaurants, Inc.		49,546		4,480,940
Domino’s Pizza, Inc.		7,900		1,671,087
McDonald’s Corp.		83,404		12,774,157
Starbucks Corp.		171,875		10,022,031
Yum Brands, Inc.		74,360		5,484,794

				36,188,535

Household Durables - 0.2%
Garmin Ltd.		43,475		2,218,529
Tupperware Brands Corp.		7,624		535,434

				2,753,963

Household Products - 3.6%
Church & Dwight Co., Inc.		117,543		6,098,131
Clorox Co. (The)		43,465		5,791,277
Colgate-Palmolive Co.		135,276		10,028,010
Kimberly-Clark Corp.		25,641		3,310,509
Procter & Gamble Co. (The)		184,645		16,091,812

				41,319,739


INVESTMENTS	SHARES		VALUE ($)
Industrial Conglomerates - 2.1%
3M Co.		74,782		15,568,865
Carlisle Cos., Inc.		1,820		173,628
General Electric Co.		46,002		1,242,514
Honeywell International, Inc.		56,022		7,467,172

				24,452,179

Insurance - 9.6%
Aflac, Inc.		18,698		1,452,461
Alleghany Corp. *		4,897		2,912,736
Allstate Corp. (The)		174,606		15,442,155
American Financial Group, Inc.		37,484		3,724,785
Aon plc		45,252		6,016,253
Arch Capital Group Ltd. *		33,617		3,136,130
Arthur J Gallagher & Co.		2,692		154,117
Assurant, Inc.		10,450		1,083,560
Axis Capital Holdings Ltd.		32,076		2,074,034
Chubb Ltd.		92,997		13,519,904
Cincinnati Financial Corp.		3,010		218,075
CNA Financial Corp.		8,681		423,199
Erie Indemnity Co., Class A		2,762		345,443
Everest Re Group Ltd.		24,911		6,342,091
FNF Group		85,272		3,822,744
Markel Corp. *		3,370		3,288,648
Marsh & McLennan Cos., Inc.		80,789		6,298,310
Mercury General Corp.		9,147		493,938
ProAssurance Corp.		13,873		843,478
Progressive Corp. (The)		296,975		13,093,628
RenaissanceRe Holdings Ltd.		22,718		3,158,938
Travelers Cos., Inc. (The)		129,421		16,375,639
Validus Holdings Ltd.		25,539		1,327,262
White Mountains Insurance Group Ltd.		1,337		1,161,358
WR Berkley Corp.		42,904		2,967,670

				109,676,556

Internet & Direct Marketing Retail - 1.5%
Amazon.com, Inc. *		10,950		10,599,600
Netflix, Inc. *		19,614		2,930,528
Priceline Group, Inc. (The) *		1,857		3,473,555

				17,003,683

Internet Software & Services - 1.6%
Alphabet, Inc., Class A *		13,215		12,285,721
Facebook, Inc., Class A *		38,228		5,771,664

				18,057,385

IT Services - 5.2%
Accenture plc, Class A		65,545		8,106,606
Amdocs Ltd.		43,899		2,829,729
Automatic Data Processing, Inc.		82,914		8,495,368
Cognizant Technology Solutions Corp., Class A		12,225		811,740
Fiserv, Inc. *		14,891		1,821,765
Gartner, Inc. *		10,705		1,322,175
International Business Machines Corp.		35,271		5,425,738
Jack Henry & Associates, Inc.		28,341		2,943,780
Mastercard, Inc., Class A		90,909		11,040,898
Paychex, Inc.		91,996		5,238,252
Teradata Corp. *		37,394		1,102,749
Visa, Inc., Class A		107,589		10,089,696

				59,228,496


INVESTMENTS	SHARES		VALUE ($)
Leisure Products - 0.1%
Hasbro, Inc.		13,332		1,486,651


Life Sciences Tools & Services - 0.9%
Illumina, Inc. *		2,814		488,285
Mettler-Toledo International, Inc. *		11,905		7,006,568
Thermo Fisher Scientific, Inc.		7,310		1,275,376
Waters Corp. *		9,483		1,743,355

				10,513,584

Machinery - 0.3%
Cummins, Inc.		9,380		1,521,623
Fortive Corp.		32,796		2,077,627

				3,599,250

Media - 1.4%
Cable One, Inc.		1,723		1,224,881
Comcast Corp., Class A		92,010		3,581,029
Walt Disney Co. (The)		102,304		10,869,800

				15,675,710

Multiline Retail - 0.0% (b)
Dollar Tree, Inc. *		5,936		415,045


Multi-Utilities - 3.5%
Ameren Corp.		113,298		6,194,002
CenterPoint Energy, Inc.		24,123		660,488
Consolidated Edison, Inc.		75,667		6,115,407
Dominion Energy, Inc.		41,636		3,190,567
DTE Energy Co.		46,410		4,909,714
NiSource, Inc.		62,133		1,575,693
Public Service Enterprise Group, Inc.		178,302		7,668,769
Sempra Energy		27,191		3,065,785
Vectren Corp.		39,899		2,331,697
WEC Energy Group, Inc.		62,261		3,821,580

				39,533,702

Oil, Gas & Consumable Fuels - 0.3%
Chevron Corp.		1,065		111,112
ConocoPhillips		6,264		275,365
Exxon Mobil Corp.		34,762		2,806,336

				3,192,813

Personal Products - 0.7%
Estee Lauder Cos., Inc. (The), Class A		69,093		6,631,546
Nu Skin Enterprises, Inc., Class A		25,042		1,573,639

				8,205,185

Pharmaceuticals - 3.3%
Bristol-Myers Squibb Co.		23,257		1,295,880
Eli Lilly & Co.		57,929		4,767,557
Johnson & Johnson		125,979		16,665,762
Merck & Co., Inc.		97,985		6,279,858
Pfizer, Inc.		244,247		8,204,257
Zoetis, Inc.		2,245		140,043

				37,353,357

Professional Services - 0.2%
Equifax, Inc.		3,815		524,257
Robert Half International, Inc.		35,346		1,694,134
Verisk Analytics, Inc. *		4,533		382,449

				2,600,840


INVESTMENTS	SHARES		VALUE ($)
Road & Rail - 0.4%
Landstar System, Inc.		30,548		2,614,909
Union Pacific Corp.		19,257		2,097,280

				4,712,189

Semiconductors & Semiconductor Equipment - 2.8%
Analog Devices, Inc.		14,700		1,143,660
Intel Corp.		134,159		4,526,525
Maxim Integrated Products, Inc.		95,197		4,274,345
NVIDIA Corp.		44,112		6,376,831
QUALCOMM, Inc.		7,461		411,996
Skyworks Solutions, Inc.		19,467		1,867,859
Texas Instruments, Inc.		136,792		10,523,408
Xilinx, Inc.		40,044		2,575,630

				31,700,254

Software - 2.8%
Adobe Systems, Inc. *		43,974		6,219,683
ANSYS, Inc. *		9,482		1,153,770
Electronic Arts, Inc. *		20,195		2,135,015
Intuit, Inc.		59,007		7,836,720
Manhattan Associates, Inc. *		2,918		140,239
Microsoft Corp.		155,651		10,729,023
Oracle Corp.		68,257		3,422,406
Synopsys, Inc. *		2,890		210,768

				31,847,624

Specialty Retail - 3.1%
AutoZone, Inc. *		1,858		1,059,915
Dick’s Sporting Goods, Inc.		11,887		473,459
Home Depot, Inc. (The)		61,717		9,467,388
Lowe’s Cos., Inc.		52,939		4,104,361
O’Reilly Automotive, Inc. *		19,689		4,306,772
Ross Stores, Inc.		4,859		280,510
TJX Cos., Inc. (The)		88,621		6,395,777
Tractor Supply Co.		2,827		153,252
Ulta Beauty, Inc. *		25,848		7,427,164
Williams-Sonoma, Inc.		22,140		1,073,790

				34,742,388

Technology Hardware, Storage & Peripherals - 0.4%
Apple, Inc.		32,878		4,735,090


Textiles, Apparel & Luxury Goods - 0.3%
Lululemon Athletica, Inc. *		8,522		508,508
NIKE, Inc., Class B		48,317		2,850,703

				3,359,211

Thrifts & Mortgage Finance - 0.0% (b)
TFS Financial Corp.		12,974		200,708


Tobacco - 2.6%
Altria Group, Inc.		216,613		16,131,170
Philip Morris International, Inc.		116,924		13,732,724

				29,863,894

Trading Companies & Distributors - 0.3%
Fastenal Co.		38,809		1,689,356
MSC Industrial Direct Co., Inc., Class A		2,315		198,997
WW Grainger, Inc.		10,238		1,848,266

				3,736,619


INVESTMENTS	SHARES		VALUE ($)
Water Utilities - 0.9%
American Water Works Co., Inc.		97,649		7,611,740
Aqua America, Inc.		61,081		2,033,997

				9,645,737

TOTAL COMMON STOCKS (Cost $885,022,397)				1,070,811,541


SHORT-TERM INVESTMENT - 5.9%

Investment Company - 5.9%
Limited Purpose Cash Investment Fund, 0.81%
(Cost $66,943,330) (2)(c)		66,949,913		66,943,218


SECURITIES LENDING COLLATERAL - 0.0% (b)

Investment Company - 0.0% (b)
Investments in a Pooled Account through Securities Lending Program with Citibank NA
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84%
(Cost $409,188) (2)(c)(d)		409,188		409,188

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 99.7% (Cost $952,374,915)				1,138,163,947


OTHER ASSETS IN EXCESS OF LIABILITIES - 0.3% (e)				3,362,172

NET ASSETS - 100.0%				1,141,526,119


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	117,511,132		10.3	%
Consumer Staples		192,065,926		16.7
Energy		3,192,813		0.3
Financials		178,235,057		15.6
Health Care		137,669,975		12.1
Industrials		129,915,817		11.4
Information Technology		163,569,135		14.3
Materials		22,605,510		2.0
Telecommunication Services		14,420,281		1.3
Utilities		111,625,895		9.8
Short-Term Investment		66,943,218		5.9
Securities Lending Collateral		409,188		0.0	(b)

Total Investments In Securities At Value		1,138,163,947		99.7
Other Assets in Excess of Liabilities (e)		3,362,172		0.3

Net Assets	$	1,141,526,119		100.0	%

*	Non-income producing security.

(a)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $400,386.

(b)	Represents less than 0.05% of net assets.

(c)	Represents 7-day effective yield as of 6/30/2017.

(d)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

(e)	Includes appreciation/(depreciation) on futures contracts.

All securities are Level 1 with respect to ASC 820, unless otherwise noted in parentheses.

(2)	Level 2 security (See Note 4).

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 94.6%

Australia - 8.2%
AGL Energy Ltd.		99,826		1,956,239
Aurizon Holdings Ltd.		92,501		381,004
AusNet Services		94,515		126,020
Australia & New Zealand Banking Group Ltd.		15,115		333,614
Caltex Australia Ltd.		67,541		1,640,117
CIMIC Group Ltd.		1,718		51,261
Coca-Cola Amatil Ltd.		56,434		400,465
Cochlear Ltd.		8,892		1,062,037
Commonwealth Bank of Australia		6,566		417,705
CSL Ltd.		3,035		322,104
Flight Centre Travel Group Ltd. (a)		31,370		923,381
Harvey Norman Holdings Ltd.		6,317		18,550
Medibank Pvt Ltd.		39,354		84,734
Newcrest Mining Ltd.		30,936		480,119
REA Group Ltd.		2,498		127,449
South32 Ltd.		252,913		520,876
Tabcorp Holdings Ltd.		36,300		121,913
Telstra Corp. Ltd.		537,476		1,775,892
Wesfarmers Ltd.		42,559		1,312,307
Westpac Banking Corp.		18,552		434,375
Woodside Petroleum Ltd.		7,291		167,249
Woolworths Ltd.		99,617		1,955,384

				14,612,795

Austria - 0.1%
OMV AG		3,730		193,746


Belgium - 1.2%
Anheuser-Busch InBev SA/NV		2,115		233,599
Colruyt SA		18,987		1,000,021
Groupe Bruxelles Lambert SA		618		59,485
Proximus SADP		21,391		748,672
UCB SA		1,007		69,258

				2,111,035

Canada - 11.8%
Agnico Eagle Mines Ltd. (1)		24,161		1,089,555
Alimentation Couche-Tard, Inc., Class B (1)		5,454		261,429
Bank of Montreal (1)		11,490		843,675
Bank of Nova Scotia (The) (1)		15,971		960,748
Barrick Gold Corp. (1)		41,614		662,012
BCE, Inc. (1)		49,662		2,236,475
Cameco Corp. (1)		4,118		37,503
Canadian Imperial Bank of Commerce (1)		10,966		891,199
Canadian National Railway Co. (1)		13,103		1,063,154
Canadian Utilities Ltd., Class A (1)		3,301		106,071
CI Financial Corp. (1)		44,349		945,255
Constellation Software, Inc. (1)		221		115,614
Eldorado Gold Corp. (1)		17,190		45,600
Emera, Inc. (1)		2,988		111,082
Empire Co. Ltd., Class A (1)		21,226		362,060
Fairfax Financial Holdings Ltd. (1)		132		57,206
Fortis, Inc. (1)		8,102		284,770
Franco-Nevada Corp. (1)		9,482		684,169
George Weston Ltd. (1)		4,173		377,752
Goldcorp, Inc. (1)		25,367		327,064
Hydro One Ltd. (1)(b)		39,020		698,978


INVESTMENTS	SHARES		VALUE ($)
Canada - 11.8% (continued)
Imperial Oil Ltd. (1)		19,218		560,179
Intact Financial Corp. (1)		13,650		1,031,118
Kinross Gold Corp. (1)*		145,815		592,570
Loblaw Cos. Ltd. (1)		13,227		735,808
Metro, Inc. (1)		9,075		298,674
Power Financial Corp. (1)		15,418		395,556
Rogers Communications, Inc., Class B (1)		12,913		609,902
Royal Bank of Canada (1)		17,262		1,253,385
Saputo, Inc. (1)		24,465		778,209
Shaw Communications, Inc., Class B (1)		12,674		276,486
Sun Life Financial, Inc.(1)		3,868		138,279
Suncor Energy, Inc. (1)		3,231		94,404
Thomson Reuters Corp. (1)		6,653		308,024
Toronto-Dominion Bank (The) (1)		24,133		1,216,141
Wheaton Precious Metals Corp. (1)		25,060		497,799
Yamana Gold, Inc. (1)		40,468		97,675

				21,045,580

China - 0.2%
BOC Hong Kong Holdings Ltd.		70,500		337,393
Yangzijiang Shipbuilding Holdings Ltd.		38,200		33,010

				370,403

Denmark - 2.5%
Coloplast A/S, Class B		18,395		1,537,553
Danske Bank A/S		3,404		130,962
DONG Energy A/S (b)		6,377		287,833
DSV A/S		8,960		550,360
ISS A/S		7,507		294,884
Novo Nordisk A/S, Class B		37,524		1,612,304

				4,413,896

Finland - 1.2%
Kone OYJ, Class B		10,518		535,104
Neste OYJ		13,146		518,754
Orion OYJ, Class B		11,226		717,126
Sampo OYJ, Class A		8,074		414,242

				2,185,226

France - 5.9%
Aeroports de Paris		2,096		337,860
Airbus SE		1,757		144,997
BNP Paribas SA		4,427		318,712
Bouygues SA		13,306		560,585
Cie Generale des Etablissements Michelin		2,529		336,595
Danone SA		9,842		738,717
Dassault Systemes SE		5,841		523,884
Electricite de France SA		1,824		19,763
Engie SA		28,265		426,625
Essilor International SA		289		36,764
Hermes International		2,019		997,338
Iliad SA		1,040		245,781
Imerys SA		2,048		178,266
Lagardere SCA		3,911		123,409
L’Oreal SA		8,096		1,688,134
LVMH Moet Hennessy Louis Vuitton SE		493		123,277
Pernod Ricard SA		898		120,249
Sanofi		3,386		324,446
Societe BIC SA		6,906		820,029


INVESTMENTS	SHARES		VALUE ($)
France - 5.9% (continued)
Societe Generale SA		3,404		183,563
Sodexo SA		4,294		554,967
Suez		2,973		55,049
Thales SA		5,982		643,809
TOTAL SA		14,474		718,591
Vinci SA		3,641		310,583

				10,531,993

Germany - 3.9%
Allianz SE (Registered)		1,710		337,455
Bayer AG (Registered)		2,729		353,706
Beiersdorf AG		7,238		761,305
Covestro AG (b)		1,095		79,381
Deutsche Post AG (Registered)		5,438		204,133
Fresenius Medical Care AG & Co. KGaA		177		17,080
FUCHS PETROLUB SE (Preference)		692		37,716
Hannover Rueck SE		529		63,540
Henkel AG & Co. KGaA (Preference)		3,986		549,645
HUGO BOSS AG		4,290		300,739
Innogy SE (b)		17,427		685,865
MAN SE		18,018		1,932,332
Merck KGaA		458		55,417
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (Registered)		1,863		376,983
SAP SE		6,643		695,332
Siemens AG (Registered)		2,993		411,699
TUI AG		3,797		55,352

				6,917,680

Hong Kong - 4.1%
CK Hutchison Holdings Ltd.		38,500		483,158
CLP Holdings Ltd.		119,500		1,263,634
Galaxy Entertainment Group Ltd.		107,000		649,416
Hang Seng Bank Ltd.		16,800		351,459
HK Electric Investments & HK Electric Investments Ltd. (b)		547,000		502,919
HKT Trust & HKT Ltd.		116,000		152,141
Hong Kong & China Gas Co. Ltd.		615,014		1,156,644
MTR Corp. Ltd.		212,500		1,195,808
Power Assets Holdings Ltd.		79,500		701,746
SJM Holdings Ltd.		484,000		509,977
WH Group Ltd. (b)		83,000		83,811
Yue Yuen Industrial Holdings Ltd.		51,500		213,596

				7,264,309


Italy - 0.3%
Enel SpA		89,661		480,897


Japan - 27.1%
ABC-Mart, Inc.		7,900		465,565
Acom Co. Ltd. *		33,800		154,712
Ajinomoto Co., Inc.		7,100		153,532
Amada Holdings Co. Ltd.		2,000		23,199
ANA Holdings, Inc.		49,000		170,617
Asahi Glass Co. Ltd.		800		33,786
Asahi Group Holdings Ltd.		7,500		282,452
Asics Corp.		1,900		35,311
Astellas Pharma, Inc.		107,800		1,321,272
Bandai Namco Holdings, Inc.		21,600		738,015


INVESTMENTS	SHARES		VALUE ($)
Japan - 27.1% (continued)
Benesse Holdings, Inc.		8,800		332,677
Bridgestone Corp.		18,200		786,815
Brother Industries Ltd.		13,900		321,966
Calbee, Inc.		20,300		798,459
Canon, Inc.		26,200		891,201
Central Japan Railway Co.		2,500		408,292
Chubu Electric Power Co., Inc.		8,300		110,379
Chugai Pharmaceutical Co. Ltd.		8,400		314,714
Daiichi Sankyo Co. Ltd.		10,200		240,750
East Japan Railway Co.		4,300		411,924
Eisai Co. Ltd.		3,800		210,245
FamilyMart UNY Holdings Co. Ltd.		1,400		80,172
FANUC Corp.		1,200		232,255
Fast Retailing Co. Ltd.		800		267,540
FUJIFILM Holdings Corp.		3,100		111,778
Fujitsu Ltd.		10,000		73,963
Hakuhodo DY Holdings, Inc.		52,200		695,184
Hirose Electric Co. Ltd.		700		100,173
Hisamitsu Pharmaceutical Co., Inc.		13,500		647,239
Hitachi Chemical Co. Ltd.		11,400		341,779
Hitachi Metals Ltd.		27,500		383,690
Hoshizaki Corp.		5,100		462,728
Hoya Corp.		12,600		655,973
ITOCHU Corp.		8,400		125,067
Japan Airlines Co. Ltd.		32,800		1,016,002
Japan Airport Terminal Co. Ltd.		6,200		238,016
Japan Post Bank Co. Ltd.		2,600		33,377
Japan Tobacco, Inc.		14,700		516,677
Kajima Corp.		74,000		625,420
Kamigumi Co. Ltd.		58,000		609,686
Kao Corp.		8,400		499,450
KDDI Corp.		58,500		1,547,186
Kikkoman Corp.		5,000		159,941
Kirin Holdings Co. Ltd.		14,400		293,740
Komatsu Ltd.		7,000		179,672
Konica Minolta, Inc.		18,100		151,006
Kose Corp.		5,800		636,090
Kuraray Co. Ltd.		1,300		23,672
Kurita Water Industries Ltd.		8,500		232,510
Lawson, Inc.		4,100		286,931
M3, Inc.		5,800		160,001
Makita Corp.		8,800		325,899
Mazda Motor Corp.		14,800		207,924
McDonald’s Holdings Co. Japan Ltd.		6,100		234,005
MEIJI Holdings Co. Ltd.		3,800		308,138
Mitsubishi Electric Corp.		14,000		202,476
Mitsubishi Motors Corp.		11,000		72,745
Mitsubishi Tanabe Pharma Corp.		39,700		918,344
Mitsui & Co. Ltd.		7,900		113,095
Mixi, Inc.		3,300		183,643
Mizuho Financial Group, Inc.		56,600		103,775
Murata Manufacturing Co. Ltd.		400		61,066
Nabtesco Corp.		3,200		93,325
Nexon Co. Ltd.		53,900		1,069,153
NH Foods Ltd.		5,000		152,100
Nidec Corp.		600		61,644
Nikon Corp.		7,500		120,219
Nippon Express Co. Ltd.		61,000		382,785
Nippon Paint Holdings Co. Ltd.		1,100		41,849


INVESTMENTS	SHARES		VALUE ($)
Japan - 27.1% (continued)
Nippon Telegraph & Telephone Corp.		32,100		1,515,252
Nissan Motor Co. Ltd.		10,900		108,836
Nisshin Seifun Group, Inc.		8,400		138,093
Nissin Foods Holdings Co. Ltd.		8,800		550,260
Nitori Holdings Co. Ltd.		1,900		254,340
Nitto Denko Corp.		6,900		569,811
Nomura Research Institute Ltd.		1,287		50,845
Obayashi Corp.		45,600		537,265
Omron Corp.		26,100		1,136,117
Oracle Corp. Japan		15,800		1,027,754
Oriental Land Co. Ltd.		9,100		616,753
Osaka Gas Co. Ltd.		356,000		1,457,764
Otsuka Corp.		11,100		690,465
Otsuka Holdings Co. Ltd.		8,700		371,449
Pola Orbis Holdings, Inc.		18,500		489,447
Recruit Holdings Co. Ltd.		96,600		1,662,475
Rinnai Corp.		200		18,685
Sankyo Co. Ltd.		1,500		50,955
Secom Co. Ltd.		600		45,651
Seven & i Holdings Co. Ltd.		14,600		602,461
Seven Bank Ltd.		58,400		209,391
Shimamura Co. Ltd.		3,300		404,554
Shimizu Corp.		23,000		244,389
Shionogi & Co. Ltd.		11,100		618,913
SMC Corp.		100		30,569
Start Today Co. Ltd.		11,600		285,878
Subaru Corp.		23,500		796,839
Sumitomo Corp.		3,800		49,553
Sumitomo Dainippon Pharma Co. Ltd.		51,400		701,604
Sumitomo Mitsui Financial Group, Inc.		3,900		152,273
Sumitomo Rubber Industries Ltd.		1,800		30,484
Sundrug Co. Ltd.		16,500		615,489
Suntory Beverage & Food Ltd.		9,400		436,920
Suzuki Motor Corp.		8,400		400,159
Sysmex Corp.		8,000		478,830
Taisei Corp.		62,000		567,086
Takeda Pharmaceutical Co. Ltd.		3,300		167,538
Toho Gas Co. Ltd.		107,000		779,390
Tohoku Electric Power Co., Inc.		2,200		30,490
Tokyo Electron Ltd.		1,000		135,193
Tokyo Gas Co. Ltd.		270,000		1,406,348
TOTO Ltd.		1,500		57,472
Toyo Suisan Kaisha Ltd.		23,300		893,941
Trend Micro, Inc.		14,100		728,731
Tsuruha Holdings, Inc.		3,800		403,802
Unicharm Corp.		1,200		30,211
USS Co. Ltd.		1,600		31,890
West Japan Railway Co.		4,900		346,702
Yakult Honsha Co. Ltd.		3,900		265,836
Yamada Denki Co. Ltd.		7,900		39,279
Yamato Holdings Co. Ltd.		12,600		255,976
Yamazaki Baking Co. Ltd.		23,400		466,524
Yokogawa Electric Corp.		4,600		74,029

				48,275,947

Luxembourg - 0.0% (c)
Millicom International Cellular SA, SDR		1,525		90,201


INVESTMENTS	SHARES		VALUE ($)
Netherlands - 1.1%
Heineken NV		2,163		210,318
Koninklijke Ahold Delhaize NV		49,943		953,274
Koninklijke Vopak NV		2,529		117,191
Randstad Holding NV		7,199		419,710
Royal Dutch Shell plc, Class B		8,717		234,020

				1,934,513

Norway - 1.7%
Gjensidige Forsikring ASA		16,603		283,412
Marine Harvest ASA *(a)		26,509		453,548
Norsk Hydro ASA		15,187		84,045
Orkla ASA		76,822		780,820
Schibsted ASA, Class A		5,112		123,469
Telenor ASA		69,894		1,159,558
Yara International ASA		3,176		119,425

				3,004,277

Portugal - 0.1%
EDP - Energias de Portugal SA		58,272		190,620
Jeronimo Martins SGPS SA		2,999		58,552

				249,172

Singapore - 4.0%
ComfortDelGro Corp. Ltd.		160,000		267,249
DBS Group Holdings Ltd.		76,600		1,152,890
Oversea-Chinese Banking Corp. Ltd.		139,800		1,095,102
SATS Ltd.		62,100		230,371
Singapore Airlines Ltd.		103,300		759,177
Singapore Telecommunications Ltd.		560,800		1,583,744
StarHub Ltd. (a)		346,900		685,367
United Overseas Bank Ltd.		60,000		1,007,318
Wilmar International Ltd.		122,300		297,476

				7,078,694

South Africa - 0.4%
Mondi plc		24,720		648,202


Spain - 1.7%
Endesa SA		38,485		887,795
Iberdrola SA		131,907		1,045,287
Industria de Diseno Textil SA		17,691		679,423
Mapfre SA		65,467		229,148
Red Electrica Corp. SA		6,913		144,623

				2,986,276

Sweden - 4.4%
Assa Abloy AB, Class B		1,062		23,408
Atlas Copco AB, Class A		7,038		270,624
Essity AB, Class B*		17,630		482,357
Getinge AB, Class B		4,954		97,030
Hennes & Mauritz AB, Class B		52,382		1,305,990
ICA Gruppen AB		19,296		718,813
Investor AB, Class B		9,482		457,474
L E Lundbergforetagen AB, Class B		1,083		85,546
Nordea Bank AB		27,239		346,928
Sandvik AB		2,220		34,952
Skanska AB, Class B		18,442		437,923
SKF AB, Class B		5,941		120,640
Svenska Cellulosa AB SCA, Class B		17,630		133,371
Svenska Handelsbanken AB, Class A		2,802		40,131


INVESTMENTS	SHARES		VALUE ($)
Sweden - 4.4% (continued)
Swedbank AB, Class A		854		20,842
Swedish Match AB		36,094		1,271,621
Tele2 AB, Class B		33,841		354,643
Telefonaktiebolaget LM Ericsson, Class B		28,405		204,236
Telia Co. AB		206,738		952,771
Volvo AB, Class B		28,527		486,489

				7,845,789

Switzerland - 5.0%
ABB Ltd. (Registered)		9,534		236,645
Adecco Group AG (Registered)		1,995		151,984
Aryzta AG *		4,086		134,757
Chocoladefabriken Lindt & Spruengli AG		3		17,392
Coca-Cola HBC AG *		21,357		628,088
Kuehne + Nagel International AG (Registered)		6,770		1,131,832
Nestle SA (Registered)		21,363		1,863,231
Novartis AG (Registered)		10,829		904,510
Roche Holding AG		4,729		1,208,330
Schindler Holding AG		1,572		333,284
SGS SA (Registered)		108		261,866
Sika AG		24		154,083
Sonova Holding AG (Registered)		2,981		484,930
Swatch Group AG (The)		45		16,644
Swiss Re AG		6,636		608,142
Swisscom AG (Registered)		694		335,410
Wolseley plc		3,514		215,681
Zurich Insurance Group AG		638		186,200

				8,873,009

United Kingdom - 9.7%
Admiral Group plc		15,530		405,253
Associated British Foods plc		25,640		981,173
AstraZeneca plc		10,504		703,595
BAE Systems plc		42,854		353,772
BP plc		15,556		89,792
British American Tobacco plc		7,028		478,908
BT Group plc		195,497		751,734
Bunzl plc		3,697		110,216
Burberry Group plc		19,358		418,882
Centrica plc		338,443		882,406
Compass Group plc		10,673		225,283
Diageo plc		26,783		791,485
Direct Line Insurance Group plc		120,945		560,038
Dixons Carphone plc		7,700		28,464
easyJet plc		8,422		149,197
GKN plc		10,759		45,700
GlaxoSmithKline plc		23,655		503,550
HSBC Holdings plc		89,959		834,996
Imperial Brands plc		11,065		497,230
ITV plc		43,737		103,528
J Sainsbury plc		12,622		41,401
Kingfisher plc		113,011		442,655
Marks & Spencer Group plc		20,345		88,300
National Grid plc		112,344		1,391,997
Next plc		481		24,158
Pearson plc		85,764		772,213
Reckitt Benckiser Group plc		11,569		1,172,786
Royal Mail plc		197,122		1,081,346


INVESTMENTS	SHARES		VALUE ($)
United Kingdom - 9.7% (continued)
Sage Group plc (The)		17,119		153,403
Smith & Nephew plc		51,219		884,475
SSE plc		44,544		842,830
Tate & Lyle plc		21,446		184,830
Travis Perkins plc		2,417		45,819
Unilever NV, CVA		5,592		308,688
United Utilities Group plc		2,762		31,221
Vodafone Group plc		129,785		368,583
Whitbread plc		1,298		67,080
WPP plc		21,334		449,223

				17,266,210

United States - 0.0% (c)
Shire plc		1,638		90,318

TOTAL COMMON STOCKS (Cost $153,688,597)				168,470,168


SHORT-TERM INVESTMENT - 4.5%

Investment Company - 4.5%
Limited Purpose Cash Investment Fund, 0.81%
(Cost $8,006,461) (d)		8,007,262		8,006,461


SECURITIES LENDING COLLATERAL - 0.8%

Investment Company - 0.6%
Investments in a Pooled Account through Securities Lending Program with Citibank NA
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84%
(Cost $1,043,790) (d)(e)		1,043,790		1,043,790


	PRINCIPAL AMOUNT ($)
U.S. Treasury Obligations - 0.2%
Investments in a Pooled Account through Securities Lending Program with Citibank NA
U.S. Treasury Bonds 2.88%, 5/15/2043 (e)		57,928		58,955
3.63%, 8/15/2043 (e)		259,320		303,072
3.00%, 11/15/2044 (e)		50		52
U.S. Treasury Notes 1.50%, 12/31/2018 (e)		50		50
1.38%, 8/31/2020 (e)		600		599

TOTAL U.S. TREASURY OBLIGATIONS (Cost $362,728)				362,728

TOTAL SECURITIES LENDING COLLATERAL (Cost $1,406,518)				1,406,518

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 99.9% (Cost $163,101,576)				177,883,147


OTHER ASSETS IN EXCESS OF LIABILITIES - 0.1% (f)				97,496

NET ASSETS - 100.0%				177,980,643


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	17,118,106		9.6	%
Consumer Staples		33,178,354		18.5
Energy		4,371,546		2.5
Financials		19,851,755		11.2
Health Care		17,791,406		10.0
Industrials		26,821,493		15.0
Information Technology		8,499,552		4.8
Materials		7,659,359		4.3
Telecommunication Services		15,113,312		8.5
Utilities		18,065,285		10.2
Short-Term Investment		8,006,461		4.5
Securities Lending Collateral		1,406,518		0.8

Total Investments In Securities At Value		177,883,147		99.9
Other Assets in Excess of Liabilities (f)		97,496		0.1

Net Assets	$	177,980,643		100.0	%

*	Non-income producing security.

(a)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $1,335,696.

(b)

Securities exempt from registration under Rule 144A or section 4(2), of the Securities Act of 1933. Under procedures approved by the Board of Trustees, such securities have been determined to be liquid by the investment adviser and may be resold, normally to qualified institutional buyers in transactions exempt from registration. Total value of all such securities at 6/30/2017 amounted to $2,338,787, which represents approximately 1.31% of net assets of the fund.

(c)	Represents less than 0.05% of net assets.

(d)	Represents 7-day effective yield as of 6/30/2017.

(e)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

(f)	Includes appreciation/(depreciation) on futures contracts.

All securities are Level 2 with respect to ASC 820, unless otherwise noted in parentheses.

(1)	Level 1 security (See Note 4).

Abbreviations

CVA - Dutch Certification

OYJ - Public Traded Company

SCA - Limited partnership with share capital

SDR - Swedish Depositary Receipt

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 94.2%

Brazil - 4.0%
AES Tiete SA (1)		7,100		29,297
Ambev SA, ADR (1)		100,820		553,502
Engie Brasil Energia SA (1)		31,200		322,557
Equatorial Energia SA (1)		3,700		60,756
Localiza Rent a Car SA (1)*		15,130		206,794
Lojas Renner SA (1)*		3,300		27,393
Natura Cosmeticos SA (1)		2,700		20,856
Odontoprev SA (1)		157,200		552,328
Qualicorp SA (1)		6,100		53,121
Raia Drogasil SA (1)*		3,900		82,994
Sul America SA (1)		10,100		54,114
Telefonica Brasil SA, ADR (1)		3,051		41,158
TIM Participacoes SA, ADR (1)		13,556		200,629
Ultrapar Participacoes SA (1)		6,000		141,809
WEG SA (1)		34,580		184,961

				2,532,269

Chile - 4.1%
Aguas Andinas SA, Class A (1)		960,047		563,150
Banco de Chile (1)		5,389,559		706,348
Banco Santander Chile, ADR (1)		3,091		78,542
Cia Cervecerias Unidas SA, ADR (1)		5,150		135,136
Empresas COPEC SA (1)		6,440		70,480
Enel Americas SA, ADR (1)		29,987		282,778
Enel Chile SA, ADR (1)		10,836		59,598
Enel Generacion Chile SA, ADR (1)		5,424		122,799
SACI Falabella (1)		70,256		575,383

				2,594,214

China - 11.2%
Agricultural Bank of China Ltd., Class H *		664,000		313,819
ANTA Sports Products Ltd.		87,000		287,417
Bank of China Ltd., Class H *		204,000		100,035
Bank of Communications Co. Ltd., Class H		158,000		111,465
Beijing Capital International Airport Co. Ltd., Class H		80,000		112,677
Belle International Holdings Ltd.		357,000		281,404
China Communications Services Corp. Ltd., Class H		1,004,000		578,332
China Construction Bank Corp., Class H		573,000		445,591
China Huishan Dairy Holdings Co. Ltd. (3)(a)		700,000		1
China Merchants Bank Co. Ltd., Class H		22,000		66,294
China Mobile Ltd.		79,000		837,542
China Petroleum & Chemical Corp., Class H		338,000		264,655
China Resources Beer Holdings Co. Ltd.		8,000		20,175
China Resources Gas Group Ltd.		92,000		313,755
China Resources Power Holdings Co. Ltd.		14,000		27,482
China Telecom Corp. Ltd., Class H		574,000		272,571
China Unicom Hong Kong Ltd. *		38,000		56,406
CSPC Pharmaceutical Group Ltd.		384,000		560,874
ENN Energy Holdings Ltd.		50,000		301,655
Great Wall Motor Co. Ltd., Class H		55,500		68,494
Guangdong Investment Ltd.		510,000		702,863
Hengan International Group Co. Ltd.		14,500		106,968


INVESTMENTS	SHARES		VALUE ($)
China - 11.2% (continued)
Industrial & Commercial Bank of China Ltd., Class H *		669,000		451,497
Jiangsu Expressway Co. Ltd., Class H		170,000		239,836
People’s Insurance Co. Group of China Ltd. (The), Class H		55,000		23,101
PICC Property & Casualty Co. Ltd., Class H		56,000		93,526
Shandong Weigao Group Medical Polymer Co. Ltd., Class H		40,000		31,381
Shenzhou International Group Holdings Ltd.		11,000		72,329
Tencent Holdings Ltd.		1,600		57,400
Tsingtao Brewery Co. Ltd., Class H *		36,000		159,305
Want Want China Holdings Ltd.		237,000		159,919
Zhuzhou CRRC Times Electric Co. Ltd., Class H		10,000		49,048

				7,167,817

Hong Kong - 1.4%
China Gas Holdings Ltd.		30,000		60,565
Haier Electronics Group Co. Ltd. *		62,000		161,194
Sino Biopharmaceutical Ltd.		477,000		421,775
Sun Art Retail Group Ltd.		281,000		223,677

				867,211

India - 8.2%
Axis Bank Ltd., GDR		6,212		247,431
Dr Reddy’s Laboratories Ltd., ADR (1)		15,034		633,533
ICICI Bank Ltd., ADR (1)		44,196		396,436
Infosys Ltd., ADR (1)		56,748		852,355
Larsen & Toubro Ltd., GDR		14,204		366,646
Reliance Industries Ltd., GDR *(b)		20,443		866,265
State Bank of India, GDR		11,325		481,470
Tata Motors Ltd., ADR (1)		15,253		503,501
Wipro Ltd., ADR (1)(c)		174,400		906,880

				5,254,517

Indonesia - 2.8%
Bank Central Asia Tbk. PT		119,600		163,113
Hanjaya Mandala Sampoerna Tbk. PT		1,006,800		290,105
Indofood CBP Sukses Makmur Tbk. PT		38,500		25,442
Kalbe Farma Tbk. PT		2,844,500		346,273
Semen Indonesia Persero Tbk. PT		43,000		32,248
Telekomunikasi Indonesia Persero Tbk. PT		1,102,600		374,433
Unilever Indonesia Tbk. PT		153,200		560,517

				1,792,131

Malaysia - 7.2%
British American Tobacco Malaysia Bhd.		8,800		89,043
DiGi.Com Bhd.		435,400		507,133
IHH Healthcare Bhd.		214,300		287,154
Kuala Lumpur Kepong Bhd.		23,500		136,171
Malayan Banking Bhd.		146,300		328,167
Maxis Bhd.		126,400		163,425
MISC Bhd.		19,300		33,568
Petronas Chemicals Group Bhd.		44,700		73,926
Petronas Gas Bhd.		147,800		638,164
Public Bank Bhd.		192,400		910,642
Telekom Malaysia Bhd.		315,500		488,755
Tenaga Nasional Bhd.		106,100		349,553


INVESTMENTS	SHARES		VALUE ($)
Malaysia - 7.2% (continued)
Westports Holdings Bhd.		660,700		560,199

				4,565,900

Mexico - 6.3%
Arca Continental SAB de CV (1)		71,200		535,077
Coca-Cola Femsa SAB de CV, ADR (1)		2,295		194,318
Fomento Economico Mexicano SAB de CV, ADR (1)		2,487		244,572
Gentera SAB de CV (1)		90,600		135,934
Gruma SAB de CV, Class B (1)		28,310		369,194
Grupo Aeroportuario del Pacifico SAB de CV, ADR (1)		5,821		653,698
Grupo Aeroportuario del Sureste SAB de CV, ADR (1)		1,979		416,382
Grupo Bimbo SAB de CV, Series A (1)		63,100		158,543
Grupo Carso SAB de CV, Series A1 (1)		8,700		36,638
Grupo Lala SAB de CV (1)		143,900		263,557
Infraestructura Energetica Nova SAB de CV (1)		22,100		117,814
Kimberly-Clark de Mexico SAB de CV, Class A (1)		18,000		38,085
Wal-Mart de Mexico SAB de CV (1)		359,700		834,998

				3,998,810

Philippines - 0.8%
Bank of the Philippine Islands		183,230		377,719
BDO Unibank, Inc.		10,890		26,772
Jollibee Foods Corp.		5,120		20,687
Universal Robina Corp.		19,220		62,085

				487,263

Poland - 3.1%
Bank Pekao SA		9,562		321,955
Bank Zachodni WBK SA		2,808		259,259
Eurocash SA		17,407		145,618
LPP SA		135		260,564
PGE Polska Grupa Energetyczna SA		110,782		361,953
Polski Koncern Naftowy ORLEN SA		10,761		325,045
Polskie Gornictwo Naftowe i Gazownictwo SA		30,228		51,571
Powszechna Kasa Oszczednosci Bank Polski SA *		4,356		40,499
Powszechny Zaklad Ubezpieczen SA		17,603		211,793

				1,978,257


Russia - 0.5%
PhosAgro PJSC, GDR		5,439		72,181
Severstal PJSC, GDR		20,460		268,210

				340,391

South Africa - 6.8%
Barclays Africa Group Ltd.		2,531		27,830
Bidvest Group Ltd. (The)		22,037		265,378
Brait SE *		17,920		82,858
Capitec Bank Holdings Ltd.		5,945		377,170
Mondi Ltd.		9,494		245,881
Mr Price Group Ltd.		15,404		183,642
Nedbank Group Ltd.		2,862		45,699
Netcare Ltd.		80,072		157,463
Pick n Pay Stores Ltd.		129,535		583,898


INVESTMENTS	SHARES		VALUE ($)
South Africa - 6.8% (continued)
Pioneer Foods Group Ltd.		1,933		20,018
RMB Holdings Ltd.		75,209		337,881
Shoprite Holdings Ltd.		19,349		295,041
Sibanye Gold Ltd.		14,106		16,208
SPAR Group Ltd. (The)		20,243		238,538
Telkom SA SOC Ltd.		11,944		56,184
Tiger Brands Ltd.		11,828		332,550
Truworths International Ltd.		7,639		41,734
Vodacom Group Ltd.		81,211		1,020,464

				4,328,437

South Korea - 15.4%
Amorepacific Corp.		476		126,419
BGF retail Co. Ltd.		4,614		407,638
Celltrion, Inc. *		223		22,426
Cheil Worldwide, Inc.		8,801		141,556
CJ Korea Express Corp. *		192		30,297
Coway Co. Ltd.		2,627		238,747
Dongbu Insurance Co. Ltd.		9,486		563,734
Hanmi Pharm Co. Ltd. *		618		201,410
Hanmi Science Co. Ltd. *		2,119		156,156
Hanon Systems		34,155		307,604
Hanssem Co. Ltd.		1,466		235,759
Hanwha Life Insurance Co. Ltd.		15,054		91,545
Hyundai Glovis Co. Ltd.		2,099		288,034
Hyundai Marine & Fire Insurance Co. Ltd.		11,393		391,863
Hyundai Mobis Co. Ltd.		689		150,624
Kangwon Land, Inc.		11,440		348,605
KEPCO Plant Service & Engineering Co. Ltd.		1,770		68,328
Kia Motors Corp.		10,074		336,428
Korea Electric Power Corp.		3,826		136,434
Korea Zinc Co. Ltd.		73		29,089
KT Corp.		1,517		43,254
KT&G Corp.		4,734		484,249
LG Chem Ltd.		1,339		340,740
LG Household & Health Care Ltd.		124		107,744
LG Uplus Corp.		27,611		376,551
NAVER Corp.		728		533,646
NCSoft Corp.		838		277,958
Ottogi Corp.		26		17,960
S-1 Corp.		8,200		695,244
Samsung Biologics Co. Ltd. *(b)		1,485		378,808
Samsung Electronics Co. Ltd.		470		978,926
Samsung Fire & Marine Insurance Co. Ltd.		1,141		280,856
Samsung Life Insurance Co. Ltd.		2,063		210,905
Samsung SDS Co. Ltd.		2,010		324,200
SK Hynix, Inc.		2,024		119,173
SK Telecom Co. Ltd.		1,506		350,189

				9,793,099

Taiwan - 13.7%
Advantech Co. Ltd.		32,998		233,601
Asustek Computer, Inc.		32,000		302,232
Chang Hwa Commercial Bank Ltd.		600,120		344,117
Cheng Shin Rubber Industry Co. Ltd.		16,000		34,027
Chunghwa Telecom Co. Ltd.		255,600		906,741
Delta Electronics, Inc.		3,000		16,411
E.Sun Financial Holding Co. Ltd.		148,500		91,259


INVESTMENTS	SHARES		VALUE ($)
Taiwan - 13.7% (continued)
Far EasTone Telecommunications Co. Ltd.		344,000		876,162
Feng TAY Enterprise Co. Ltd.		19,040		84,141
First Financial Holding Co. Ltd.		1,140,113		762,357
Formosa Petrochemical Corp.		121,000		417,311
Hon Hai Precision Industry Co. Ltd.		44,583		171,377
Hua Nan Financial Holdings Co. Ltd.		542,738		314,851
Lite-On Technology Corp.		31,023		50,922
MediaTek, Inc.		5,000		42,776
Mega Financial Holding Co. Ltd.		518,000		430,617
Micro-Star International Co. Ltd. *		80,000		185,696
Nien Made Enterprise Co. Ltd.		26,000		288,315
Novatek Microelectronics Corp.		22,000		88,836
President Chain Store Corp.		103,000		925,480
Realtek Semiconductor Corp.		62,442		224,593
Taiwan Cooperative Financial Holding Co. Ltd.		308,160		163,582
Taiwan Mobile Co. Ltd. *		225,000		846,939
Taiwan Semiconductor Manufacturing Co. Ltd., ADR (1)		16,131		563,940
Teco Electric and Machinery Co. Ltd.		21,000		20,176
Uni-President Enterprises Corp.		176,172		353,108

				8,739,567

Thailand - 7.1%
Advanced Info Service PCL, NVDR		19,100		99,732
Airports of Thailand PCL, NVDR		638,400		886,998
Bangkok Bank PCL, NVDR		17,300		94,142
Bangkok Dusit Medical Services PCL, NVDR		565,900		319,697
BTS Group Holdings PCL, NVDR		975,800		243,989
Bumrungrad Hospital PCL, NVDR		122,400		617,672
Delta Electronics Thailand PCL, NVDR		103,400		263,498
Electricity Generating PCL, NVDR		16,800		105,815
Glow Energy PCL, NVDR		133,300		308,916
Home Product Center PCL, NVDR		1,394,000		393,627
Kasikornbank PCL, NVDR		40,600		237,024
Krung Thai Bank PCL, NVDR		271,400		150,079
Robinson PCL, NVDR		182,600		312,895
Siam Cement PCL (The), NVDR		11,500		170,558
Siam Commercial Bank PCL (The), NVDR		75,600		345,636

				4,550,278

Turkey - 1.6%
BIM Birlesik Magazalar A/S		42,056		779,745
Turk Telekomunikasyon A/S *		79,694		141,286
Turkcell Iletisim Hizmetleri A/S		26,773		88,074

				1,009,105

TOTAL COMMON STOCKS (Cost $55,921,985)				59,999,266


SHORT-TERM INVESTMENT - 5.0%

Investment Company - 5.0%
Limited Purpose Cash Investment Fund, 0.81%
(Cost $3,231,643) (d)		3,231,966		3,231,643


INVESTMENTS	SHARES		VALUE ($)
SECURITIES LENDING COLLATERAL - 1.4%

Investment Company - 1.4%
Investments in a Pooled Account through Securities Lending Program with Citibank NA
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84%
(Cost $882,000) (d)(e)		882,000		882,000

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 100.6% (Cost $60,035,628)				64,112,909

LIABILITIES IN EXCESS OF OTHER ASSETS - (0.6)% (f)				(404,746)

NET ASSETS - 100.0%				63,708,163


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	5,356,070		8.4	%
Consumer Staples		10,082,247		15.8
Energy		2,137,137		3.4
Financials		11,689,526		18.3
Health Care		4,740,070		7.4
Industrials		5,358,890		8.4
Information Technology		6,194,420		9.8
Materials		1,249,041		2.0
Telecommunication Services		8,325,962		13.1
Utilities		4,865,903		7.6
Short-Term Investment		3,231,643		5.0
Securities Lending Collateral		882,000		1.4

Total Investments In Securities At Value		64,112,909		100.6
Liabilities in Excess of Other Assets (f)		(404,746)		(0.6)

Net Assets	$	63,708,163		100.0	%

*	Non-income producing security.

(a)	Security fair valued as of 6/30/2017 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at 6/30/2017 amounted to $1, which represents approximately 0.00% of net assets of the fund.

(b)

Securities exempt from registration under Rule 144A or section 4(2), of the Securities Act of 1933. Under procedures approved by the Board of Trustees, such securities have been determined to be liquid by the investment adviser and may be resold, normally to qualified institutional buyers in transactions exempt from registration. Total value of all such securities at 6/30/2017 amounted to $1,245,073, which represents approximately 1.95% of net assets of the fund.

(c)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $804,384.

(d)	Represents 7-day effective yield as of 6/30/2017.

(e)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

(f)	Includes appreciation/(depreciation) on futures contracts.

All securities are Level 2 with respect to ASC 820, unless otherwise noted in parentheses.

(1)	Level 1 security (See Note 4).

(3)	Level 3 security (See Note 4).

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 89.3%

Australia - 2.0%
Aristocrat Leisure Ltd.		12,732		220,734
ASX Ltd.		891		36,710
Aurizon Holdings Ltd.		31,293		128,893
Australia & New Zealand Banking Group Ltd.		13,631		300,859
Bendigo & Adelaide Bank Ltd.		8,000		68,101
BGP Holdings plc (3)*(a)		96,388		1,986
BHP Billiton Ltd.		14,837		264,453
CIMIC Group Ltd.		22,359		667,145
Computershare Ltd.		2,187		23,768
Crown Resorts Ltd.		6,397		60,375
Goodman Group, REIT		8,333		50,363
GPT Group (The), REIT		14,922		54,883
Harvey Norman Holdings Ltd.		16,547		48,590
LendLease Group		2,927		37,461
Mirvac Group, REIT		33,659		55,041
Newcrest Mining Ltd.		14,849		230,453
Orica Ltd.		20,711		329,118
Origin Energy Ltd. *		39,554		208,557
Qantas Airways Ltd.		12,471		54,817
QBE Insurance Group Ltd.		15,809		143,490
Scentre Group, REIT		25,938		80,644
South32 Ltd.		162,179		334,009
Stockland, REIT		17,557		59,043
Vicinity Centres, REIT		26,832		52,945
Westfield Corp., REIT		9,064		55,904

				3,568,342

Belgium - 0.5%
Ageas		1,474		59,360
Solvay SA		579		77,708
UCB SA		9,620		661,629

				798,697

Canada - 2.7%
Bank of Montreal (1)		1,401		102,871
Bank of Nova Scotia (The) (1)		1,109		66,713
BlackBerry Ltd. (1)*		12,163		121,555
Canadian Imperial Bank of Commerce (1)		4,869		395,700
Canadian Tire Corp. Ltd., Class A (1)		2,198		250,106
CCL Industries, Inc., Class B (1)		1,225		61,977
CGI Group, Inc., Class A (1)*		1,048		53,548
Crescent Point Energy Corp. (1)		1,800		13,769
Dollarama, Inc. (1)		7,874		752,365
Great-West Lifeco, Inc. (1)		1,345		36,456
Husky Energy, Inc. (1)*		29,755		337,750
Industrial Alliance Insurance & Financial Services, Inc. (1)		10,384		450,496
Magna International, Inc. (1)		2,430		112,562
Manulife Financial Corp. (1)		9,122		171,002
Methanex Corp. (1)		7,597		335,386
Open Text Corp. (1)		4,149		130,952
Power Corp. of Canada (1)		1,646		37,545
RioCan REIT (1)		4,036		74,912
Royal Bank of Canada (1)		712		51,698
Saputo, Inc. (1)		4,965		157,932
Suncor Energy, Inc. (1)		12,494		365,051
Teck Resources Ltd., Class B (1)		7,232		125,367
Toronto-Dominion Bank (The) (1)		1,052		53,014


INVESTMENTS	SHARES		VALUE ($)
Canada - 2.7% (continued)
Veresen, Inc. (1)		7,006		99,082
West Fraser Timber Co. Ltd. (1)		6,788		321,289
Yamana Gold, Inc. (1)		25,720		62,079

				4,741,177


China - 0.1%
Yangzijiang Shipbuilding Holdings Ltd.		304,600		263,214


Denmark - 1.1%
Danske Bank A/S		12,280		472,449
TDC A/S		82,343		478,857
Vestas Wind Systems A/S		10,273		948,890

				1,900,196

Finland - 0.8%
Neste OYJ		10,141		400,174
Nokia OYJ		18,004		110,395
Orion OYJ, Class B		9,979		637,467
UPM-Kymmene OYJ		8,620		245,797

				1,393,833

France - 3.6%
Atos SE		8,592		1,205,549
BNP Paribas SA		5,095		366,803
Capgemini SE		2,359		243,691
Christian Dior SE (b)		370		105,797
Cie de Saint-Gobain		2,854		152,418
Cie Generale des Etablissements Michelin		2,847		378,919
CNP Assurances		13,685		307,177
Eiffage SA		1,457		132,355
Imerys SA		657		57,188
Klepierre, REIT		1,669		68,405
Lagardere SCA		2,155		67,999
Peugeot SA		56,415		1,124,332
Sanofi		9,930		951,492
Societe Generale SA		6,553		353,375
Sodexo SA		1,753		226,562
Thales SA		2,472		266,047
TOTAL SA		3,731		185,233
Unibail-Rodamco SE, REIT		614		154,714

				6,348,056

Germany - 3.6%
Allianz SE (Registered)		1,109		218,852
BASF SE		3,306		306,827
Bayer AG (Registered)		2,300		298,103
Commerzbank AG *		26,131		312,029
Covestro AG (c)		19,599		1,420,811
Deutsche Lufthansa AG (Registered)		36,174		824,389
Deutsche Post AG (Registered)		4,404		165,319
Evonik Industries AG		2,286		73,165
Fresenius SE & Co. KGaA		1,365		117,189
Hannover Rueck SE		602		72,308
HOCHTIEF AG		1,209		221,947
Infineon Technologies AG		5,507		116,972
Linde AG		540		102,791
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (Registered)		2,012		407,134
OSRAM Licht AG		3,713		296,379


INVESTMENTS	SHARES		VALUE ($)
Germany - 3.6% (continued)
Porsche Automobil Holding SE (Preference)		865		48,675
RWE AG *		36,768		734,471
Schaeffler AG (Preference)		9,565		137,225
Siemens AG (Registered)		3,134		431,094
TUI AG		4,095		59,696

				6,365,376

Hong Kong - 1.6%
ASM Pacific Technology Ltd.		1,082		14,599
Cheung Kong Property Holdings Ltd.		52,201		408,488
CK Infrastructure Holdings Ltd.		2,749		23,092
Hong Kong Exchanges & Clearing Ltd.		5,269		136,121
Kerry Properties Ltd.		179,000		607,774
Link REIT		10,829		82,377
New World Development Co. Ltd.		308,000		390,419
NWS Holdings Ltd.		7,500		14,750
PCCW Ltd.		19,406		11,029
Sino Land Co. Ltd.		52,000		85,196
SJM Holdings Ltd.		169,000		178,071
Sun Hung Kai Properties Ltd.		19,000		279,113
Wharf Holdings Ltd. (The)		26,000		215,142
Wheelock & Co. Ltd.		27,000		203,650
Yue Yuen Industrial Holdings Ltd.		17,123		71,017

				2,720,838

Italy - 0.9%
Assicurazioni Generali SpA		15,795		260,715
Enel SpA		106,568		571,577
Eni SpA		16,686		250,755
Leonardo SpA		11,333		188,692
Mediobanca SpA		26,608		263,234

				1,534,973

Japan - 7.3%
Aeon Mall Co. Ltd.		700		13,830
ANA Holdings, Inc.		38,000		132,316
Aozora Bank Ltd.		26,000		99,265
Asahi Group Holdings Ltd.		2,900		109,215
Astellas Pharma, Inc.		43,300		530,715
Bandai Namco Holdings, Inc.		8,500		290,422
Brother Industries Ltd.		13,800		319,650
Chubu Electric Power Co., Inc.		3,900		51,865
Daiichi Sankyo Co. Ltd.		3,400		80,250
Daito Trust Construction Co. Ltd.		486		75,717
Daiwa House Industry Co. Ltd.		2,451		83,887
DeNA Co. Ltd.		6,500		146,090
FUJIFILM Holdings Corp.		4,444		160,239
Fujitsu Ltd.		50,115		370,664
Hikari Tsushin, Inc.		700		73,749
Hitachi Chemical Co. Ltd.		7,100		212,862
Hitachi High-Technologies Corp.		13,058		508,517
Hitachi Ltd.		36,000		221,965
Hulic Co. Ltd.		1,500		15,361
Idemitsu Kosan Co. Ltd.		3,700		105,260
Japan Airlines Co. Ltd.		3,500		108,415
Japan Real Estate Investment Corp., REIT		10		49,709
Japan Retail Fund Investment Corp., REIT		37		68,279
JXTG Holdings, Inc.		15,600		68,258


INVESTMENTS	SHARES		VALUE ($)
Japan - 7.3% (continued)
Kajima Corp.		63,000		532,452
Kamigumi Co. Ltd.		5,000		52,559
Kao Corp.		3,600		214,050
Keyence Corp.		200		88,046
Kirin Holdings Co. Ltd.		3,400		69,355
Kyushu Financial Group, Inc.		7,900		50,059
Lion Corp.		3,400		70,522
Mebuki Financial Group, Inc.		45,000		168,018
Mitsubishi Corp.		6,800		142,943
Mitsubishi Electric Corp.		13,300		192,353
Mitsubishi Estate Co. Ltd.		5,764		107,745
Mitsubishi Gas Chemical Co., Inc.		15,900		337,707
Mitsubishi UFJ Financial Group, Inc.		18,100		122,085
Mitsui Chemicals, Inc.		18,000		95,857
Mitsui Fudosan Co. Ltd.		4,598		110,161
Mixi, Inc.		4,200		233,727
Mizuho Financial Group, Inc.		138,600		254,119
MS&AD Insurance Group Holdings, Inc.		9,900		333,914
NH Foods Ltd.		3,000		91,260
Nintendo Co. Ltd.		400		133,917
Nippon Building Fund, Inc., REIT		12		61,228
Nippon Express Co. Ltd.		62,000		389,060
Nippon Telegraph & Telephone Corp.		7,196		339,681
Nomura Holdings, Inc.		10,300		62,114
Nomura Real Estate Holdings, Inc.		1,000		19,680
Nomura Research Institute Ltd.		1,200		47,408
NTT DOCOMO, Inc.		5,300		125,349
Obayashi Corp.		10,500		123,712
ORIX Corp.		15,300		238,066
Panasonic Corp.		8,700		118,540
Pola Orbis Holdings, Inc.		5,800		153,448
Rakuten, Inc.		16,200		191,175
Resona Holdings, Inc.		87,500		483,334
Sega Sammy Holdings, Inc.		12,400		167,179
Seiko Epson Corp.		9,000		200,812
Sekisui House Ltd.		2,900		51,253
Seven & i Holdings Co. Ltd.		1,800		74,276
Shimamura Co. Ltd.		2,300		281,962
Shin-Etsu Chemical Co. Ltd.		500		45,506
Shionogi & Co. Ltd.		900		50,182
SoftBank Group Corp.		1,300		105,677
Sompo Holdings, Inc.		11,300		438,608
Start Today Co. Ltd.		1,900		46,825
Subaru Corp.		8,800		298,391
Sumitomo Dainippon Pharma Co. Ltd.		3,800		51,870
Sumitomo Heavy Industries Ltd.		7,000		46,449
Sumitomo Mitsui Financial Group, Inc.		9,400		367,018
Sumitomo Realty & Development Co. Ltd.		2,624		81,261
Taisei Corp.		43,000		393,302
Takeda Pharmaceutical Co. Ltd.		4,200		213,230
Tokyo Tatemono Co. Ltd.		1,200		15,774
Tokyu Fudosan Holdings Corp.		2,900		17,198
Toyoda Gosei Co. Ltd.		2,400		57,507
Toyota Motor Corp.		4,400		231,279

				12,885,703

Netherlands - 1.5%
ABN AMRO Group NV, CVA (c)		13,935		369,164
ASML Holding NV		1,683		219,384


INVESTMENTS	SHARES		VALUE ($)
Netherlands - 1.5% (continued)
ING Groep NV		19,668		339,524
Koninklijke DSM NV		2,854		207,579
Koninklijke Philips NV		2,041		72,657
NN Group NV		13,457		477,495
Randstad Holding NV		2,698		157,296
Royal Dutch Shell plc, Class B		14,108		378,749
Wolters Kluwer NV		11,307		478,207

				2,700,055

Singapore - 0.2%
Genting Singapore plc		341,500		269,056
Sembcorp Industries Ltd.		4,477		10,009
Singapore Exchange Ltd.		4,067		21,675

				300,740

South Africa - 0.2%
Investec plc		15,360		114,769
Mondi plc		10,041		263,293

				378,062

Spain - 1.3%
Aena SA (c)		1,152		224,956
Banco Bilbao Vizcaya Argentaria SA		43,202		359,870
Banco Santander SA		118,519		786,952
Endesa SA		4,402		101,548
Mapfre SA		87,990		307,984
Repsol SA		36,703		562,697

				2,344,007

Sweden - 0.6%
Boliden AB		13,930		380,776
Electrolux AB, Series B		7,674		251,640
Investor AB, Class B		2,204		106,335
Kinnevik AB, Class B		1,380		42,307
Skandinaviska Enskilda Banken AB, Class A		10,218		123,706
Telefonaktiebolaget LM Ericsson, Class B		19,539		140,488

				1,045,252

Switzerland - 3.5%
ABB Ltd. (Registered)		21,125		524,346
Adecco Group AG (Registered)		9,893		753,670
Coca-Cola HBC AG *		15,674		460,957
Dufry AG (Registered) *		358		58,751
Idorsia Ltd. *		479		9,041
Lonza Group AG (Registered) *		420		90,979
Nestle SA (Registered)		2,338		203,915
Novartis AG (Registered)		1,569		131,053
Partners Group Holding AG		328		203,659
Roche Holding AG		3,798		970,446
Sika AG		130		834,617
Swiss Life Holding AG (Registered) *		1,990		673,161
Swiss Re AG		5,580		511,367
Wolseley plc		1,392		85,438
Zurich Insurance Group AG		2,009		586,325

				6,097,725

United Kingdom - 5.1%
3i Group plc		9,545		112,226
Aberdeen Asset Management plc		29,174		114,861


INVESTMENTS	SHARES		VALUE ($)
United Kingdom - 5.1% (continued)
Ashtead Group plc		21,043		435,435
Barclays plc		305,304		807,460
Barratt Developments plc		73,193		537,549
Berkeley Group Holdings plc		1,863		78,338
British Land Co. plc (The), REIT		7,594		59,951
BT Group plc		163,418		628,382
Burberry Group plc		5,406		116,979
Compass Group plc		4,373		92,305
Dixons Carphone plc		32,041		118,445
Fiat Chrysler Automobiles NV *		28,206		297,984
GKN plc		40,370		171,475
GlaxoSmithKline plc		24,418		519,792
Hammerson plc, REIT		10,045		75,156
HSBC Holdings plc		55,074		511,195
Kingfisher plc		57,555		225,438
Land Securities Group plc, REIT		4,952		65,380
Lloyds Banking Group plc		311,349		268,313
Persimmon plc		33,787		986,800
Randgold Resources Ltd.		867		76,934
Rio Tinto plc		1,494		63,274
Royal Mail plc		109,137		598,690
Standard Chartered plc *		7,431		75,263
Standard Life plc		18,011		93,657
Tate & Lyle plc		79,529		685,411
Taylor Wimpey plc		180,318		414,091
Unilever plc		5,942		321,568
William Hill plc		22,096		73,230
Wm Morrison Supermarkets plc		54,348		170,698
WPP plc		9,808		206,524

				9,002,804

United States - 52.7%
AbbVie, Inc. (1)		2,462		178,520
Activision Blizzard, Inc. (1)		2,898		166,838
AES Corp. (1)		46,454		516,104
Aetna, Inc. (1)		4,617		700,999
Aflac, Inc. (1)		7,587		589,358
Akamai Technologies, Inc. (1)*		5,812		289,496
Allstate Corp. (The) (1)		12,210		1,079,852
Alphabet, Inc., Class A (1)*		1,246		1,158,381
Alphabet, Inc., Class C (1)*		1,331		1,209,520
Altria Group, Inc. (1)		7,484		557,334
Amazon.com, Inc. (1)*		1,518		1,469,424
Ameren Corp. (1)		2,735		149,522
American Electric Power Co., Inc. (1)		9,141		635,025
American Tower Corp., REIT (1)		2,400		317,568
Amgen, Inc. (1)		4,228		728,188
Anthem, Inc. (1)		2,771		521,308
Apple, Inc. (1)		21,595		3,110,112
Applied Materials, Inc. (1)		22,502		929,558
Aramark (1)		1,872		76,715
Archer-Daniels-Midland Co. (1)		11,226		464,532
Assurant, Inc. (1)		4,157		431,039
AT&T, Inc. (1)		19,206		724,642
AvalonBay Communities, Inc., REIT (1)		811		155,850
Axis Capital Holdings Ltd. (1)		4,872		315,024
Bank of America Corp. (1)		18,455		447,718
Baxter International, Inc. (1)		7,597		459,922
Berkshire Hathaway, Inc., Class B (1)*		4,337		734,558
Best Buy Co., Inc. (1)		5,997		343,808


INVESTMENTS	SHARES		VALUE ($)
United States - 52.7% (continued)
Biogen, Inc. (1)*		2,853		774,190
Boeing Co. (The) (1)		7,715		1,525,641
Boston Properties, Inc., REIT (1)		709		87,221
Bristol-Myers Squibb Co. (1)		8,620		480,306
Bunge Ltd. (1)		906		67,588
Cadence Design Systems, Inc. (1)*		4,377		146,586
Capital One Financial Corp. (1)		5,391		445,404
CDK Global, Inc. (1)		4,243		263,321
CDW Corp. (1)		3,987		249,307
Celanese Corp., Series A (1)		5,686		539,829
Celgene Corp. (1)*		2,462		319,740
Centene Corp. (1)*		7,071		564,831
CenterPoint Energy, Inc. (1)		2,829		77,458
Chevron Corp. (1)		853		88,994
Cigna Corp. (1)		2,539		425,003
Cisco Systems, Inc. (1)		22,607		707,599
Citigroup, Inc. (1)		2,959		197,898
Citrix Systems, Inc. (1)*		1,872		148,974
Coach, Inc. (1)		1,326		62,773
Colgate-Palmolive Co. (1)		642		47,591
Comcast Corp., Class A (1)		11,038		429,599
Conagra Brands, Inc. (1)		7,782		278,284
Crown Castle International Corp., REIT (1)		1,397		139,951
Cummins, Inc. (1)		2,822		457,785
Darden Restaurants, Inc. (1)		2,534		229,175
Delta Air Lines, Inc. (1)		24,935		1,340,007
Dick’s Sporting Goods, Inc. (1)		4,114		163,861
Discover Financial Services (1)		10,475		651,440
DR Horton, Inc. (1)		7,147		247,072
DTE Energy Co. (1)		6,877		727,518
DXC Technology Co. (1)		5,064		388,510
Eastman Chemical Co. (1)		2,721		228,537
eBay, Inc. (1)*		34,787		1,214,762
Edison International (1)		7,517		587,754
EI du Pont de Nemours & Co. (1)		3,282		264,890
Electronic Arts, Inc. (1)*		2,506		264,934
Eli Lilly & Co. (1)		2,632		216,614
Equinix, Inc., REIT (1)		445		190,976
Equity Residential, REIT (1)		2,048		134,820
Essex Property Trust, Inc., REIT (1)		422		108,568
Everest Re Group Ltd. (1)		2,509		638,766
Eversource Energy (1)		6,721		408,032
Exelon Corp. (1)		14,514		523,520
Express Scripts Holding Co. (1)*		3,475		221,844
Exxon Mobil Corp. (1)		6,577		530,961
F5 Networks, Inc. (1)*		2,303		292,619
Facebook, Inc., Class A (1)*		8,221		1,241,207
Flex Ltd. (1)*		13,102		213,694
FLIR Systems, Inc. (1)		3,574		123,875
FNF Group (1)		1,655		74,194
Foot Locker, Inc. (1)		5,522		272,124
Freeport-McMoRan, Inc. (1)*		26,089		313,329
General Dynamics Corp. (1)		2,378		471,082
General Electric Co. (1)		1,721		46,484
General Motors Co. (1)		5,101		178,178
GGP, Inc., REIT (1)		3,709		87,384
Gilead Sciences, Inc. (1)		18,951		1,341,352
H&R Block, Inc. (1)		15,562		481,021
HCA Healthcare, Inc. (1)*		2,279		198,729


INVESTMENTS	SHARES		VALUE ($)
United States - 52.7% (continued)
HCP, Inc., REIT (1)		2,772		88,593
Hershey Co. (The) (1)		427		45,847
Hewlett Packard Enterprise Co. (1)		22,215		368,547
Home Depot, Inc. (The) (1)		3,891		596,879
Host Hotels & Resorts, Inc., REIT (1)		5,400		98,658
HP, Inc. (1)		41,469		724,878
Humana, Inc. (1)		3,092		743,997
Huntington Ingalls Industries, Inc. (1)		4,115		766,048
Ingersoll-Rand plc (1)		4,566		417,287
Ingredion, Inc. (1)		2,776		330,927
Intel Corp. (1)		20,994		708,338
International Business Machines Corp. (1)		3,890		598,399
Intuit, Inc. (1)		1,101		146,224
Jacobs Engineering Group, Inc. (1)		5,237		284,840
Johnson & Johnson (1)		10,628		1,405,978
JPMorgan Chase & Co. (1)		16,474		1,505,724
Juniper Networks, Inc. (1)		13,807		384,939
Kimberly-Clark Corp. (1)		902		116,457
Kinder Morgan, Inc. (1)		7,226		138,450
KLA-Tencor Corp. (1)		1,063		97,275
Kohl’s Corp. (1)		2,311		89,366
Kroger Co. (The) (1)		8,334		194,349
L3 Technologies, Inc. (1)		3,505		585,615
Lam Research Corp. (1)		350		49,501
Las Vegas Sands Corp. (1)		16,660		1,064,407
Lear Corp. (1)		2,881		409,332
Level 3 Communications, Inc. (1)*		2,057		121,980
Liberty Interactive Corp. QVC Group, Class A (1)*		2,260		55,460
Lincoln National Corp. (1)		2,386		161,246
Lockheed Martin Corp. (1)		1,654		459,167
Lowe’s Cos., Inc. (1)		1,901		147,385
Lululemon Athletica, Inc. (1)*		1,301		77,631
LyondellBasell Industries NV, Class A (1)		7,673		647,524
Macy’s, Inc. (1)		2,670		62,051
Mallinckrodt plc (1)*		9,748		436,808
ManpowerGroup, Inc. (1)		3,837		428,401
Marathon Petroleum Corp. (1)		9,829		514,352
Marvell Technology Group Ltd. (1)		23,027		380,406
Maxim Integrated Products, Inc. (1)		14,031		629,992
McKesson Corp. (1)		2,490		409,705
Merck & Co., Inc. (1)		18,835		1,207,135
Michael Kors Holdings Ltd. (1)*		19,485		706,331
Micron Technology, Inc. (1)*		10,670		318,606
Microsoft Corp. (1)		32,166		2,217,202
Monsanto Co. (1)		1,679		198,726
Monster Beverage Corp. (1)*		934		46,401
Newmont Mining Corp. (1)		2,051		66,432
Norfolk Southern Corp. (1)		1,071		130,341
Northrop Grumman Corp. (1)		3,952		1,014,518
Nucor Corp. (1)		3,181		184,084
NVIDIA Corp. (1)		1,680		242,861
Oracle Corp. (1)		5,509		276,221
PepsiCo, Inc. (1)		3,814		440,479
Pfizer, Inc. (1)		31,493		1,057,850
PG&E Corp. (1)		1,764		117,077
Philip Morris International, Inc. (1)		3,332		391,343
PNC Financial Services Group, Inc. (The) (1)		14,838		1,852,821
Procter & Gamble Co. (The) (1)		8,297		723,084


INVESTMENTS	SHARES		VALUE ($)
United States - 52.7% (continued)
Progressive Corp. (The) (1)		1,335		58,860
Prologis, Inc., REIT (1)		2,980		174,747
Prudential Financial, Inc. (1)		2,213		239,314
Public Service Enterprise Group, Inc. (1)		8,265		355,478
Public Storage, REIT (1)		654		136,379
PulteGroup, Inc. (1)		10,598		259,969
PVH Corp. (1)		3,075		352,088
QUALCOMM, Inc. (1)		5,193		286,757
Quest Diagnostics, Inc. (1)		1,273		141,507
Raytheon Co. (1)		4,215		680,638
Red Hat, Inc. (1)*		802		76,792
Regions Financial Corp. (1)		4,869		71,282
Reinsurance Group of America, Inc. (1)		3,320		426,255
Republic Services, Inc. (1)		738		47,033
Reynolds American, Inc. (1)		3,275		213,006
Rite Aid Corp. (1)*		3,658		10,791
Robert Half International, Inc. (1)		4,059		194,548
Ross Stores, Inc. (1)		4,499		259,727
S&P Global, Inc. (1)		1,101		160,735
Scripps Networks Interactive, Inc., Class A (1)		2,359		161,143
Shire plc		3,495		192,711
Simon Property Group, Inc., REIT (1)		1,352		218,700
Skyworks Solutions, Inc. (1)		5,089		488,290
Southwest Airlines Co. (1)		13,340		828,948
Starbucks Corp. (1)		3,806		221,928
SunTrust Banks, Inc. (1)		16,681		946,146
Synchrony Financial (1)		2,353		70,166
Synopsys, Inc. (1)*		3,460		252,338
Target Corp. (1)		3,387		177,106
TE Connectivity Ltd. (1)		2,784		219,045
Tesoro Corp. (1)		2,912		272,563
Texas Instruments, Inc. (1)		9,676		744,375
Textron, Inc. (1)		1,544		72,722
Time Warner, Inc. (1)		3,000		301,230
TJX Cos., Inc. (The) (1)		2,318		167,290
Toll Brothers, Inc. (1)		2,722		107,546
Travelers Cos., Inc. (The) (1)		6,474		819,155
Tyson Foods, Inc., Class A (1)		10,007		626,738
UGI Corp. (1)		16,788		812,707
Union Pacific Corp. (1)		6,287		684,717
United Continental Holdings, Inc. (1)*		12,415		934,229
United Rentals, Inc. (1)*		4,306		485,329
United Technologies Corp. (1)		2,240		273,526
United Therapeutics Corp. (1)*		4,050		525,407
UnitedHealth Group, Inc. (1)		9,481		1,757,967
Unum Group (1)		5,830		271,853
Valeant Pharmaceuticals International, Inc. (1)*		1,474		25,620
Valero Energy Corp. (1)		3,464		233,681
Ventas, Inc., REIT (1)		2,800		194,544
Verizon Communications, Inc. (1)		17,047		761,319
Vertex Pharmaceuticals, Inc. (1)*		2,792		359,805
Vornado Realty Trust, REIT (1)		729		68,453
Wal-Mart Stores, Inc. (1)		18,426		1,394,480
Walt Disney Co. (The) (1)		4,535		481,844
Waste Management, Inc. (1)		13,197		968,000
Wells Fargo & Co. (1)		13,664		757,122
Welltower, Inc., REIT (1)		1,800		134,730


INVESTMENTS	SHARES		VALUE ($)
United States - 52.7% (continued)
Weyerhaeuser Co., REIT (1)		3,285		110,048
Whirlpool Corp. (1)		904		173,224
Williams Cos., Inc. (The) (1)		13,945		422,255
Xerox Corp. (1)		6,204		178,241

				92,332,243

TOTAL COMMON STOCKS (Cost $131,214,767)				156,721,293


SHORT-TERM INVESTMENTS - 7.3%

Investment Companies - 7.3%
J.P. Morgan U.S. Treasury Plus Money Market Fund - IM Shares, 0.86% (d)(e)		1,892,677		1,892,677
J.P. Morgan U.S. Treasury Plus Money Market Fund - Institutional Shares, 0.80% (d)(e)		10,000		10,000
Limited Purpose Cash Investment Fund, 0.81% (d)		10,876,462		10,875,375

TOTAL SHORT-TERM INVESTMENTS (Cost $12,778,052)				12,778,052


SECURITIES LENDING COLLATERAL - 0.1%

Investment Company - 0.1%
Investments in a Pooled Account through Securities Lending Program with Citibank NA BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84%
(Cost $102,351) (d)(f)		102,351		102,351

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 96.7% (Cost $144,095,170)				169,601,696


OTHER ASSETS IN EXCESS OF LIABILITIES - 3.3% (g)				5,746,230

NET ASSETS - 100.0%				175,347,926


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	19,375,602		11.0	%
Consumer Staples		8,731,839		5.0
Energy		5,176,590		3.0
Financials		27,716,001		15.8
Health Care		20,709,474		11.8
Industrials		23,307,521		13.3
Information Technology		26,320,449		15.0
Materials		9,310,172		5.3
Real Estate		6,383,981		3.6
Telecommunication Services		3,296,916		1.9
Utilities		6,392,748		3.6
Short-Term Investment		12,778,052		7.3
Securities Lending Collateral		102,351		0.1

Total Investments In Securities At Value		169,601,696		96.7
Other Assets in Excess of Liabilities (g)		5,746,230		3.3

Net Assets	$	175,347,926		100.0	%

*	Non-income producing security.

(a)	Security fair valued as of 6/30/2017 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at 6/30/2017 amounted to $1,986, which represents approximately 0.00% of net assets of the fund.

(b)	The security or a portion of this security is on loan at 6/30/2017. The total value of securities on loan at 6/30/2017 was $97,474.

(c)

Securities exempt from registration under Rule 144A or section 4(2), of the Securities Act of 1933. Under procedures approved by the Board of Trustees, such securities have been determined to be liquid by the investment adviser and may be resold, normally to qualified institutional buyers in transactions exempt from registration. Total value of all such securities at 6/30/2017 amounted to $2,014,931, which represents approximately 1.15% of net assets of the fund.

(d)	Represents 7-day effective yield as of 6/30/2017.

(e)	All or a portion of the security pledged as collateral for forward foreign currency exchange and swap contracts.

(f)	Represents security, or portion thereof, purchased with the cash collateral received for securities on loan.

(g)	Includes appreciation/(depreciation) on forward foreign currency exchange, futures and swap contracts.

All securities are Level 2 with respect to ASC 820, unless otherwise noted in parentheses.

(1)	Level 1 security (See Note 4).

(3)	Level 3 security (See Note 4).

Abbreviations

CVA - Dutch Certification

OYJ - Public Traded Company

REIT - Real Estate Investment Trust

SCA - Limited partnership with share capital

Forward foreign currency exchange contracts outstanding as of June 30, 2017:

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 88.1%

Australia - 5.5%
AGL Energy Ltd.		25,165		493,146
Aristocrat Leisure Ltd.		58,495		1,014,125
ASX Ltd.		5,022		206,912
Aurizon Holdings Ltd.		175,564		723,134
Australia & New Zealand Banking Group Ltd.		151,760		3,349,600
Bendigo & Adelaide Bank Ltd.		78,875		671,430
BGP Holdings plc (3)*(a)		143,427		2,955
BHP Billiton Ltd.		92,900		1,655,842
CIMIC Group Ltd.		129,712		3,870,331
Computershare Ltd.		7,538		81,921
Dexus, REIT		23,093		168,131
Goodman Group, REIT		54,028		326,534
GPT Group (The), REIT		55,477		204,046
Harvey Norman Holdings Ltd.		63,435		186,276
LendLease Group		24,576		314,538
Macquarie Group Ltd.		4,083		277,660
Mirvac Group, REIT		104,753		171,297
National Australia Bank Ltd.		34,590		786,869
Newcrest Mining Ltd.		84,824		1,316,448
Orica Ltd.		10,223		162,453
Origin Energy Ltd. *		156,514		825,252
QBE Insurance Group Ltd.		79,864		724,884
Scentre Group, REIT		147,628		458,990
South32 Ltd.		1,078,583		2,221,349
Stockland, REIT		62,453		210,023
Telstra Corp. Ltd.		103,664		342,520
Vicinity Centres, REIT		94,695		186,854
Westfield Corp., REIT		57,863		356,882
Woolworths Ltd.		9,685		190,107

				21,500,509

Belgium - 1.2%
Ageas		50,516		2,034,338
Groupe Bruxelles Lambert SA		1,290		124,167
Proximus SADP		9,214		322,485
Solvay SA		853		114,482
UCB SA		25,321		1,741,486
Umicore SA		7,299		507,726

				4,844,684


China - 0.3%
Yangzijiang Shipbuilding Holdings Ltd.		1,476,700		1,276,059


Denmark - 2.1%
Danske Bank A/S		51,291		1,973,323
ISS A/S		6,722		264,048
TDC A/S		282,590		1,643,371
Vestas Wind Systems A/S		45,905		4,240,123

				8,120,865

Finland - 1.3%
Neste OYJ		33,155		1,308,329
Nokia OYJ		154,752		948,897
Orion OYJ, Class B		45,394		2,899,806
UPM-Kymmene OYJ		4,085		116,483

				5,273,515


INVESTMENTS	SHARES		VALUE ($)
France - 9.4%
Arkema SA		8,835		943,505
Atos SE		39,175		5,496,668
BNP Paribas SA		37,798		2,721,181
Capgemini SE		10,900		1,125,998
Christian Dior SE		556		158,981
Cie de Saint-Gobain		14,492		773,946
Cie Generale des Etablissements Michelin		18,858		2,509,888
CNP Assurances		29,865		670,356
Engie SA		19,506		294,419
Eutelsat Communications SA		5,727		146,124
Imerys SA		2,043		177,831
Klepierre, REIT		3,302		135,335
Lagardere SCA		24,072		759,573
Pernod Ricard SA		1,208		161,760
Peugeot SA		254,997		5,082,003
Rexel SA		8,253		134,873
Sanofi		50,389		4,828,273
Schneider Electric SE *		1,683		129,338
SEB SA		826		148,258
Societe Generale SA		43,110		2,324,737
Sodexo SA		8,623		1,114,457
Thales SA		35,429		3,813,022
TOTAL SA		43,941		2,181,540
Unibail-Rodamco SE, REIT		3,742		942,898
Veolia Environnement SA		5,673		120,021

				36,894,985

Germany - 9.0%
Allianz SE (Registered)		14,830		2,926,584
BASF SE		18,898		1,753,906
Bayer AG (Registered)		17,961		2,327,929
Covestro AG (b)		73,428		5,323,093
Deutsche Lufthansa AG (Registered)		117,771		2,683,948
Deutsche Post AG (Registered)		43,259		1,623,867
Deutsche Wohnen AG		9,934		380,645
Evonik Industries AG		9,395		300,694
Fresenius SE & Co. KGaA		10,315		885,573
Hannover Rueck SE		8,044		966,193
HOCHTIEF AG		4,071		747,350
Infineon Technologies AG		30,967		657,757
Linde AG		5,612		1,068,262
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (Registered)		9,950		2,013,412
OSRAM Licht AG		46,193		3,687,221
Porsche Automobil Holding SE (Preference)		4,664		262,449
RWE AG *		145,358		2,903,645
Siemens AG (Registered)		32,000		4,401,727
Vonovia SE		7,064		281,050

				35,195,305

Hong Kong - 3.5%
ASM Pacific Technology Ltd.		6,904		93,154
Cheung Kong Property Holdings Ltd.		269,962		2,112,529
CK Infrastructure Holdings Ltd.		17,827		149,752
Hong Kong Exchanges & Clearing Ltd.		32,254		833,262
Hutchison Port Holdings Trust, Class U		322,400		138,518
Kerry Properties Ltd.		586,000		1,989,697


INVESTMENTS	SHARES		VALUE ($)
Hong Kong - 3.5% (continued)
Link REIT		67,882		516,381
New World Development Co. Ltd.		1,427,896		1,809,991
NWS Holdings Ltd.		42,000		82,601
PCCW Ltd.		64,000		36,372
Sino Land Co. Ltd.		388,000		635,693
SJM Holdings Ltd.		355,000		374,053
Sun Hung Kai Properties Ltd.		104,000		1,527,778
WH Group Ltd. (b)		232,000		234,267
Wharf Holdings Ltd. (The)		157,000		1,299,126
Wheelock & Co. Ltd.		152,000		1,146,475
Yue Yuen Industrial Holdings Ltd.		184,109		763,591

				13,743,240

Italy - 2.2%
Assicurazioni Generali SpA		47,494		783,944
Enel SpA		651,982		3,496,904
Eni SpA		82,635		1,241,829
Leonardo SpA		67,415		1,122,444
Mediobanca SpA		76,850		760,280
Prysmian SpA		48,932		1,443,178

				8,848,579

Japan - 20.0%
Amada Holdings Co. Ltd.		54,400		631,022
Aozora Bank Ltd.		119,000		454,328
Asahi Group Holdings Ltd.		5,200		195,833
Asahi Kasei Corp.		83,000		895,430
Astellas Pharma, Inc.		253,800		3,110,751
Bandai Namco Holdings, Inc.		59,500		2,032,957
Brother Industries Ltd.		91,800		2,126,365
Daiichi Sankyo Co. Ltd.		55,000		1,298,160
Daito Trust Construction Co. Ltd.		2,487		387,464
Daiwa House Industry Co. Ltd.		8,395		287,324
DeNA Co. Ltd.		49,100		1,103,544
FUJIFILM Holdings Corp.		18,343		661,402
Fujitsu Ltd.		253,000		1,871,256
Hitachi Chemical Co. Ltd.		62,400		1,870,790
Hitachi High-Technologies Corp.		76,200		2,967,452
Hitachi Ltd.		138,000		850,866
Hulic Co. Ltd.		8,000		81,926
Idemitsu Kosan Co. Ltd.		33,800		961,566
Japan Airlines Co. Ltd.		21,900		678,367
Japan Real Estate Investment Corp., REIT		41		203,807
Japan Retail Fund Investment Corp., REIT		73		134,713
Japan Tobacco, Inc.		34,800		1,223,154
JXTG Holdings, Inc.		75,400		329,914
Kajima Corp.		159,000		1,343,808
Kamigumi Co. Ltd.		10,000		105,118
Kao Corp.		12,200		725,392
Kirin Holdings Co. Ltd.		8,200		167,269
Konami Holdings Corp.		32,600		1,814,702
Konica Minolta, Inc.		15,100		125,977
Kyushu Financial Group, Inc.		19,000		120,394
Lion Corp.		57,600		1,194,732
Mazda Motor Corp.		26,600		373,701
Mebuki Financial Group, Inc.		46,000		171,752
Medipal Holdings Corp.		8,700		161,316
Mitsubishi Corp.		68,100		1,431,532
Mitsubishi Electric Corp.		90,400		1,307,419


INVESTMENTS	SHARES		VALUE ($)
Japan - 20.0% (continued)
Mitsubishi Estate Co. Ltd.		38,020		710,700
Mitsubishi Gas Chemical Co., Inc.		102,900		2,185,535
Mitsubishi UFJ Financial Group, Inc.		348,191		2,348,565
Mitsui Chemicals, Inc.		284,000		1,512,406
Mitsui Fudosan Co. Ltd.		29,205		699,708
Mixi, Inc.		29,000		1,613,829
Mizuho Financial Group, Inc.		1,199,700		2,199,618
MS&AD Insurance Group Holdings, Inc.		54,000		1,821,350
Nexon Co. Ltd.		10,700		212,244
NH Foods Ltd.		48,000		1,460,165
Nintendo Co. Ltd.		300		100,438
Nippon Building Fund, Inc., REIT		41		209,197
Nippon Express Co. Ltd.		347,000		2,177,483
Nippon Telegraph & Telephone Corp.		38,738		1,828,593
Nitori Holdings Co. Ltd.		900		120,477
Nomura Holdings, Inc.		17,000		102,518
Nomura Real Estate Holdings, Inc.		3,900		76,751
NTT DOCOMO, Inc.		39,500		934,202
ORIX Corp.		18,800		292,525
Rakuten, Inc.		70,700		834,325
Resona Holdings, Inc.		672,300		3,713,659
Sega Sammy Holdings, Inc.		66,100		891,174
Seiko Epson Corp.		85,500		1,907,710
Sekisui House Ltd.		15,600		275,708
Seven & i Holdings Co. Ltd.		11,900		491,047
Shimamura Co. Ltd.		1,100		134,851
Shin-Etsu Chemical Co. Ltd.		7,900		719,002
Shinsei Bank Ltd.		258,000		451,955
Shionogi & Co. Ltd.		21,300		1,187,643
SoftBank Group Corp.		8,400		682,837
Sompo Holdings, Inc.		36,800		1,428,387
Start Today Co. Ltd.		4,100		101,043
Subaru Corp.		42,421		1,438,414
Sumitomo Dainippon Pharma Co. Ltd.		128,100		1,748,551
Sumitomo Heavy Industries Ltd.		227,000		1,506,288
Sumitomo Mitsui Financial Group, Inc.		74,236		2,898,505
Sumitomo Realty & Development Co. Ltd.		12,261		379,702
Taisei Corp.		45,000		411,595
Takeda Pharmaceutical Co. Ltd.		10,400		527,997
THK Co. Ltd.		9,100		259,343
Tokio Marine Holdings, Inc.		7,700		320,422
Tokyo Electron Ltd.		4,500		608,368
Tokyu Fudosan Holdings Corp.		12,883		76,403
Toyota Motor Corp.		16,178		850,372
Tsuruha Holdings, Inc.		2,400		255,033
Yokogawa Electric Corp.		32,400		521,424

				78,629,565

Netherlands - 3.9%
ABN AMRO Group NV, CVA (b)		36,597		969,522
Akzo Nobel NV		7,132		620,260
ASML Holding NV		9,553		1,245,260
ING Groep NV		98,316		1,697,207
Koninklijke DSM NV		8,488		617,354
Koninklijke Philips NV		67,186		2,391,734
NN Group NV		76,073		2,699,303
Randstad Holding NV		4,169		243,057
Royal Dutch Shell plc, Class B		96,178		2,582,034
Wolters Kluwer NV		51,287		2,169,080

				15,234,811


INVESTMENTS	SHARES		VALUE ($)
Singapore - 0.4%
Ascendas REIT		102,137		193,524
CapitaLand Commercial Trust, REIT		121,300		146,192
CapitaLand Mall Trust, REIT		120,594		172,948
Genting Singapore plc		1,333,700		1,050,776
Sembcorp Industries Ltd.		29,317		65,539
Singapore Exchange Ltd.		25,572		136,286

				1,765,265

South Africa - 0.9%
Investec plc		175,506		1,311,376
Mondi plc		89,891		2,357,102

				3,668,478

Spain - 3.4%
ACS Actividades de Construccion y Servicios SA		4,477		173,098
Aena SA (b)		5,088		993,556
Amadeus IT Group SA		3,907		233,544
Banco Bilbao Vizcaya Argentaria SA		147,170		1,225,919
Banco Santander SA		430,066		2,855,587
Endesa SA		116,947		2,697,803
Mapfre SA		523,054		1,830,800
Repsol SA		161,688		2,478,852
Telefonica SA		88,870		919,948

				13,409,107

Sweden - 2.9%
Boliden AB		87,303		2,386,422
Electrolux AB, Series B		50,103		1,642,940
Essity AB, Class B *		23,930		654,725
Getinge AB, Class B		15,910		311,617
Investor AB, Class B		9,454		456,123
Nordea Bank AB		68,555		873,146
Sandvik AB		41,370		651,339
Skanska AB, Class B		39,655		941,646
Svenska Cellulosa AB SCA, Class B		23,930		181,031
Swedish Match AB		82,019		2,889,596
Telefonaktiebolaget LM Ericsson, Class B		83,473		600,182

				11,588,767

Switzerland - 8.6%
ABB Ltd. (Registered)		122,802		3,048,082
Adecco Group AG (Registered)		22,539		1,717,071
Coca-Cola HBC AG *		67,092		1,973,110
Idorsia Ltd. *		2,873		54,230
Lonza Group AG (Registered) *		14,374		3,113,641
Nestle SA (Registered)		46,092		4,020,037
Novartis AG (Registered)		40,962		3,421,417
Partners Group Holding AG		3,166		1,965,803
Roche Holding AG		13,869		3,543,737
Sika AG		408		2,619,412
Swiss Life Holding AG (Registered) *		4,438		1,501,251
Swiss Re AG		20,826		1,908,552
Wolseley plc		3,224		197,882
Zurich Insurance Group AG		15,658		4,569,771

				33,653,996

United Kingdom - 13.1%
3i Group plc		29,271		344,155
Aberdeen Asset Management plc		66,691		262,569


INVESTMENTS	SHARES		VALUE ($)
United Kingdom - 13.1% (continued)
Ashtead Group plc		112,267		2,323,099
Barclays plc		1,459,988		3,861,337
Barratt Developments plc		339,127		2,490,641
BP plc		122,156		705,106
British Land Co. plc (The), REIT		28,168		222,374
BT Group plc		548,238		2,108,109
Burberry Group plc		5,298		114,642
Compass Group plc		1		15
Diageo plc		26,130		772,188
Dixons Carphone plc		49,482		182,919
Fiat Chrysler Automobiles NV *		86,424		913,033
GKN plc		29,456		125,117
GlaxoSmithKline plc		213,285		4,540,254
Hammerson plc, REIT		24,134		180,568
HSBC Holdings plc		464,604		4,312,439
Imperial Brands plc		14,262		640,894
InterContinental Hotels Group plc		9,142		507,688
Land Securities Group plc, REIT		22,984		303,450
Lloyds Banking Group plc		2,271,717		1,957,712
London Stock Exchange Group plc		8,751		416,263
Persimmon plc		174,919		5,108,774
Randgold Resources Ltd.		1,836		162,919
Reckitt Benckiser Group plc		18,433		1,868,611
RELX plc		31,122		672,764
Rio Tinto Ltd.		12,593		612,002
Rio Tinto plc		4,660		197,359
Royal Mail plc		480,854		2,637,807
Sage Group plc (The)		64,502		577,999
Sky plc		35,934		465,386
Standard Chartered plc *		81,484		825,287
Tate & Lyle plc		354,313		3,053,602
Taylor Wimpey plc		865,687		1,988,006
Unilever plc		37,592		2,034,399
William Hill plc		182,560		605,034
Wm Morrison Supermarkets plc		398,035		1,250,165
WPP plc		91,516		1,927,024

				51,271,710

United States - 0.4%
Shire plc		25,194		1,389,171

TOTAL COMMON STOCKS (Cost $299,129,190)				346,308,611


SHORT-TERM INVESTMENTS - 6.6%

Investment Companies - 6.6%
J.P. Morgan U.S. Treasury Plus Money Market Fund - IM Shares, 0.86% (c)(d)		4,707,756		4,707,756
J.P. Morgan U.S. Treasury Plus Money Market Fund - Institutional Shares, 0.80% (c)(d)		6,349,839		6,349,839
Limited Purpose Cash Investment Fund, 0.81% (c)		14,715,992		14,714,520

TOTAL SHORT-TERM INVESTMENTS (Cost $25,772,115)				25,772,115

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 94.7% (Cost $324,901,305)				372,080,726


OTHER ASSETS IN EXCESS OF LIABILITIES - 5.3% (e)				20,651,973

NET ASSETS - 100.0%				392,732,699


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	36,694,795		9.3	%
Consumer Staples		25,637,116		6.5
Energy		12,614,421		3.2
Financials		76,456,476		19.5
Health Care		37,091,552		9.4
Industrials		59,233,458		15.1
Information Technology		27,546,957		7.0
Materials		32,418,069		8.3
Real Estate		19,641,643		5.0
Telecommunication Services		8,818,436		2.2
Utilities		10,155,688		2.6
Short-Term Investments		25,772,115		6.6

Total Investments In Securities At Value		372,080,726		94.7
Other Assets in Excess of Liabilities (e)		20,651,973		5.3

Net Assets	$	392,732,699		100.0	%

*	Non-income producing security.

(a)	Security fair valued as of 6/30/2017 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at 6/30/2017 amounted to $2,955, which represents approximately 0.00% of net assets of the fund.

(b)

Securities exempt from registration under Rule 144A or section 4(2), of the Securities Act of 1933. Under procedures approved by the Board of Trustees, such securities have been determined to be liquid by the investment adviser and may be resold, normally to qualified institutional buyers in transactions exempt from registration. Total value of all such securities at 6/30/2017 amounted to $7,520,438, which represents approximately 1.91% of net assets of the fund.

(c)	Represents 7-day effective yield as of 6/30/2017.

(d)	All or a portion of the security pledged as collateral for forward foreign currency exchange and swap contracts.

(e)	Includes appreciation/(depreciation) on forward foreign currency exchange, futures and swap contracts.

All securities are Level 2 with respect to ASC 820, unless otherwise noted in parentheses.

(3)	Level 3 security (See Note 4).

Abbreviations

CVA - Dutch Certification

OYJ - Public Traded Company

REIT - Real Estate Investment Trust

SCA - Limited partnership with share capital

Forward foreign currency exchange contracts outstanding as of June 30, 2017:

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:


INVESTMENTS	SHARES		VALUE ($)
LONG POSITIONS - 130.0%
COMMON STOCKS - 128.0%

Aerospace & Defense - 5.0%
Boeing Co. (The) (a)		1,080		213,570
BWX Technologies, Inc.		875		42,656
Curtiss-Wright Corp.		652		59,841
Esterline Technologies Corp. *		246		23,321
Huntington Ingalls Industries, Inc.		459		85,447
L3 Technologies, Inc.		205		34,251
Northrop Grumman Corp.		156		40,047
Raytheon Co.		267		43,115
Spirit AeroSystems Holdings, Inc., Class A (a)		2,709		156,959
Textron, Inc.		837		39,423
United Technologies Corp.		106		12,944

				751,574

Air Freight & Logistics - 0.7%
FedEx Corp.		457		99,320


Airlines - 2.7%
Delta Air Lines, Inc. (a)		2,772		148,967
JetBlue Airways Corp. *		3,665		83,672
Southwest Airlines Co.		1,245		77,364
United Continental Holdings, Inc. *		1,199		90,225

				400,228

Auto Components - 1.2%
Dana, Inc.		617		13,778
Goodyear Tire & Rubber Co. (The)		1,404		49,084
Lear Corp. (a)		791		112,385

				175,247

Automobiles - 1.3%
Ford Motor Co.		2,879		32,216
General Motors Co.		3,212		112,195
Thor Industries, Inc.		463		48,393

				192,804

Banks - 8.8%
Bank of America Corp. (a)		7,122		172,780
Citigroup, Inc.		1,609		107,610
Comerica, Inc.		236		17,285
Commerce Bancshares, Inc.		205		11,650
Cullen/Frost Bankers, Inc.		76		7,137
Fifth Third Bancorp		145		3,764
Fulton Financial Corp.		213		4,047
Hancock Holding Co.		62		3,038
Huntington Bancshares, Inc.		298		4,029
JPMorgan Chase & Co. (a)		2,956		270,178
KeyCorp		511		9,576
PNC Financial Services Group, Inc. (The) (a)		1,344		167,825
Popular, Inc.		3,353		139,854
Regions Financial Corp.		3,548		51,943
SunTrust Banks, Inc.		1,233		69,936
Synovus Financial Corp.		1,072		47,425
TCF Financial Corp.		782		12,465
Umpqua Holdings Corp.		196		3,599
US Bancorp		503		26,116


INVESTMENTS	SHARES		VALUE ($)
Banks - 8.8% (continued)
Wells Fargo & Co.		3,259		180,581
Zions Bancorp		152		6,674

				1,317,512

Beverages - 0.2%
Boston Beer Co., Inc. (The), Class A *		84		11,100
PepsiCo, Inc.		224		25,870

				36,970

Biotechnology - 4.6%
AbbVie, Inc.		88		6,381
Alexion Pharmaceuticals, Inc. *		652		79,329
Amgen, Inc.		420		72,337
Biogen, Inc. *		245		66,483
Bioverativ, Inc. *		1,227		73,828
Celgene Corp. *		59		7,662
Exelixis, Inc. *		1,628		40,098
Gilead Sciences, Inc. (a)		2,559		181,126
United Therapeutics Corp. *		787		102,097
Vertex Pharmaceuticals, Inc. *		395		50,904

				680,245

Building Products - 0.6%
Masco Corp.		343		13,106
Owens Corning		1,210		80,973

				94,079

Capital Markets - 2.8%
Ameriprise Financial, Inc.		213		27,113
Bank of New York Mellon Corp. (The)		654		33,367
BlackRock, Inc.		104		43,931
Franklin Resources, Inc.		1,429		64,005
Goldman Sachs Group, Inc. (The)		353		78,331
Invesco Ltd.		1,267		44,586
Legg Mason, Inc.		327		12,478
Morgan Stanley		1,733		77,222
S&P Global, Inc.		152		22,190
State Street Corp.		88		7,896

				411,119

Chemicals - 3.8%
AdvanSix, Inc. *		1,176		36,738
Cabot Corp.		1,045		55,834
Celanese Corp., Series A		1,378		130,827
Chemours Co. (The)		1,190		45,125
Dow Chemical Co. (The)		221		13,938
Eastman Chemical Co.		818		68,704
EI du Pont de Nemours & Co.		505		40,759
Huntsman Corp.		689		17,804
LyondellBasell Industries NV, Class A		1,409		118,906
Monsanto Co.		251		29,708
PPG Industries, Inc.		52		5,718

				564,061

Commercial Services & Supplies - 0.3%
Herman Miller, Inc.		133		4,043
HNI Corp.		414		16,506
Pitney Bowes, Inc.		815		12,307
Waste Management, Inc.		207		15,183

				48,039


INVESTMENTS	SHARES		VALUE ($)
Communications Equipment - 2.3%
Cisco Systems, Inc. (a)		4,743		148,456
CommScope Holding Co., Inc. *		450		17,113
F5 Networks, Inc. *		360		45,742
Juniper Networks, Inc.		4,514		125,850

				337,161

Construction & Engineering - 0.2%
Jacobs Engineering Group, Inc.		120		6,527
Quanta Services, Inc. *		587		19,324

				25,851

Consumer Finance - 0.8%
Capital One Financial Corp.		994		82,124
Discover Financial Services		508		31,592
Synchrony Financial		163		4,861

				118,577

Containers & Packaging - 0.8%
Avery Dennison Corp.		125		11,046
Crown Holdings, Inc. *		90		5,369
Graphic Packaging Holding Co.		5,255		72,414
Greif, Inc., Class A		158		8,813
Owens-Illinois, Inc. *		562		13,443
WestRock Co.		113		6,403

				117,488

Diversified Financial Services - 1.4%
Berkshire Hathaway, Inc., Class B *(a)		1,201		203,413


Diversified Telecommunication Services - 1.3%
AT&T, Inc.		3,823		144,242
CenturyLink, Inc.		172		4,107
Verizon Communications, Inc.		1,156		51,627

				199,976

Electric Utilities - 3.7%
American Electric Power Co., Inc. (a)		3,091		214,732
Edison International (a)		1,672		130,734
Eversource Energy		643		39,036
Exelon Corp.		2,671		96,343
Hawaiian Electric Industries, Inc.		483		15,640
PG&E Corp.		822		54,556
Xcel Energy, Inc.		47		2,156

				553,197

Electrical Equipment - 0.9%
Eaton Corp. plc		143		11,130
Emerson Electric Co.		250		14,905
EnerSys		588		42,600
Hubbell, Inc.		17		1,924
Regal Beloit Corp.		646		52,681
Rockwell Automation, Inc.		29		4,697

				127,937

Electronic Equipment, Instruments & Components - 2.6%
Arrow Electronics, Inc. *		283		22,193
Avnet, Inc.		1,348		52,410
CDW Corp.		527		32,953
Corning, Inc.		1,527		45,886
Dolby Laboratories, Inc., Class A		84		4,113


INVESTMENTS	SHARES		VALUE ($)
Electronic Equipment, Instruments & Components - 2.6% (continued)
Flex Ltd. *		2,504		40,840
FLIR Systems, Inc.		354		12,270
Jabil, Inc.		2,056		60,015
TE Connectivity Ltd.		767		60,348
Tech Data Corp. *		502		50,702
Vishay Intertechnology, Inc.		200		3,320

				385,050

Energy Equipment & Services - 1.1%
Baker Hughes, Inc.		40		2,180
Ensco plc, Class A		3,876		20,000
Halliburton Co.		1,123		47,963
Oceaneering International, Inc.		2,380		54,359
Oil States International, Inc. *		1,498		40,671
Schlumberger Ltd.		47		3,095

				168,268

Equity Real Estate Investment Trusts (REITs) - 3.1%
American Tower Corp.		141		18,657
AvalonBay Communities, Inc.		34		6,534
Boston Properties, Inc.		183		22,513
Crown Castle International Corp.		182		18,233
Digital Realty Trust, Inc.		129		14,570
Equinix, Inc.		13		5,579
Equity Residential		274		18,037
GGP, Inc.		1,090		25,680
HCP, Inc.		1,053		33,654
Host Hotels & Resorts, Inc.		507		9,263
Prologis, Inc.		751		44,039
Public Storage		181		37,744
Realty Income Corp.		857		47,289
Simon Property Group, Inc.		292		47,234
Ventas, Inc.		772		53,639
Vornado Realty Trust		62		5,822
Welltower, Inc.		595		44,536
Weyerhaeuser Co.		485		16,247

				469,270

Food & Staples Retailing - 1.9%
CVS Health Corp.		209		16,816
Kroger Co. (The)		2,409		56,178
Walgreens Boots Alliance, Inc.		444		34,770
Wal-Mart Stores, Inc. (a)		2,420		183,145

				290,909

Food Products - 1.8%
Archer-Daniels-Midland Co.		2,129		88,098
Bunge Ltd.		81		6,043
Conagra Brands, Inc.		420		15,019
Flowers Foods, Inc.		3,652		63,216
Ingredion, Inc.		114		13,590
Tyson Foods, Inc., Class A		1,366		85,553

				271,519

Gas Utilities - 0.3%
UGI Corp.		930		45,021


Health Care Equipment & Supplies - 2.8%
Baxter International, Inc. (a)		2,964		179,440
Boston Scientific Corp. *		230		6,376


INVESTMENTS	SHARES		VALUE ($)
Health Care Equipment & Supplies - 2.8% (continued)
Danaher Corp.		367		30,971
Edwards Lifesciences Corp. *		24		2,838
Globus Medical, Inc., Class A *		487		16,144
Hill-Rom Holdings, Inc.		149		11,862
Masimo Corp. *		355		32,369
Medtronic plc		761		67,539
Varex Imaging Corp. *		913		30,859
Varian Medical Systems, Inc. *		194		20,019
Zimmer Biomet Holdings, Inc.		119		15,280

				413,697

Health Care Providers & Services - 5.9%
Aetna, Inc.		334		50,711
Anthem, Inc. (a)		509		95,758
Cardinal Health, Inc.		41		3,195
Centene Corp. *		1,136		90,744
Cigna Corp.		23		3,850
Express Scripts Holding Co. *		1,532		97,803
HCA Healthcare, Inc. *		124		10,813
Humana, Inc.		332		79,886
McKesson Corp.		689		113,368
Molina Healthcare, Inc. *		1,072		74,161
UnitedHealth Group, Inc. (a)		770		142,773
WellCare Health Plans, Inc. *(a)		629		112,943

				876,005

Hotels, Restaurants & Leisure - 2.0%
Brinker International, Inc.		97		3,696
Buffalo Wild Wings, Inc. *		53		6,715
Darden Restaurants, Inc.		520		47,029
Extended Stay America, Inc.		2,154		41,701
Hyatt Hotels Corp., Class A *		87		4,890
International Game Technology plc		945		17,294
Las Vegas Sands Corp. (a)		2,132		136,214
Starbucks Corp.		617		35,977
Wyndham Worldwide Corp.		78		7,832

				301,348

Household Durables - 2.9%
DR Horton, Inc.		3,802		131,435
NVR, Inc. *(a)		62		149,458
PulteGroup, Inc.		1,758		43,124
Toll Brothers, Inc.		1,031		40,735
Tupperware Brands Corp.		333		23,386
Whirlpool Corp.		239		45,797

				433,935

Household Products - 1.1%
Procter & Gamble Co. (The) (a)		1,921		167,415


Independent Power and Renewable Electricity Producers - 0.2%
Vistra Energy Corp.		1,854		31,129

Industrial Conglomerates - 0.8%
General Electric Co.		2,784		75,196
Honeywell International, Inc.		390		51,983

				127,179

Insurance - 5.0%
Aflac, Inc. (a)		2,061		160,098
Allied World Assurance Co. Holdings AG		14		741
Allstate Corp. (The)		849		75,086


INVESTMENTS	SHARES		VALUE ($)
Insurance - 5.0% (continued)
American International Group, Inc.		585		36,574
Assurant, Inc.		121		12,546
Assured Guaranty Ltd.		4,147		173,096
First American Financial Corp.		966		43,171
Hartford Financial Services Group, Inc. (The)		979		51,466
Lincoln National Corp.		220		14,868
Old Republic International Corp.		413		8,066
Prudential Financial, Inc.		317		34,280
Reinsurance Group of America, Inc.		372		47,761
Travelers Cos., Inc. (The)		580		73,387
Unum Group		455		21,217

				752,357

Internet & Direct Marketing Retail - 1.6%
Amazon.com, Inc. *(a)		194		187,792
Liberty Interactive Corp. QVC Group, Class A *		2,126		52,172

				239,964

Internet Software & Services - 5.8%
Akamai Technologies, Inc. *		1,942		96,731
Alphabet, Inc., Class A *(a)		209		194,303
Alphabet, Inc., Class C *(a)		194		176,294
Cars.com, Inc. *		78		2,068
eBay, Inc. *(a)		6,238		217,831
Facebook, Inc., Class A *(a)		934		141,015
IAC/InterActiveCorp *		135		13,937
Yelp, Inc. *		729		21,885

				864,064

IT Services - 3.0%
Accenture plc, Class A		25		3,092
Booz Allen Hamilton Holding Corp.		217		7,061
Cognizant Technology Solutions Corp., Class A		64		4,250
Convergys Corp.		2,228		52,982
CoreLogic, Inc. *		811		35,181
DST Systems, Inc.		166		10,242
DXC Technology Co.		372		28,540
Euronet Worldwide, Inc. *		257		22,454
International Business Machines Corp. (a)		950		146,139
NeuStar, Inc., Class A *		2,582		86,110
Science Applications International Corp.		557		38,667
Teradata Corp. *		203		5,986

				440,704

Leisure Products - 0.2%
Brunswick Corp.		393		24,653

Life Sciences Tools & Services - 0.2%
Agilent Technologies, Inc.		89		5,279
Bruker Corp.		237		6,835
Patheon NV *		6		209
Thermo Fisher Scientific, Inc.		13		2,268
Waters Corp. *		112		20,590

				35,181

Machinery - 4.7%
AGCO Corp.		1,084		73,051
Allison Transmission Holdings, Inc.		122		4,576


INVESTMENTS	SHARES		VALUE ($)
Machinery - 4.7% (continued)
Colfax Corp. *		322		12,677
Crane Co.		1,414		112,243
Cummins, Inc. (a)		655		106,254
Dover Corp.		147		11,792
Ingersoll-Rand plc		1,449		132,424
ITT, Inc.		992		39,859
Oshkosh Corp.		1,086		74,804
PACCAR, Inc.		136		8,982
Parker-Hannifin Corp.		121		19,338
Stanley Black & Decker, Inc.		20		2,815
Timken Co. (The)		2,323		107,439
Woodward, Inc.		28		1,892

				708,146

Media - 1.9%
AMC Networks, Inc., Class A *		978		52,235
CBS Corp. (Non-Voting), Class B		109		6,952
Comcast Corp., Class A		539		20,978
Interpublic Group of Cos., Inc. (The)		265		6,519
Liberty Global plc, Class C (United Kingdom)*		886		27,625
TEGNA, Inc.		233		3,358
Time Warner, Inc.		454		45,586
Time, Inc.		841		12,068
Twenty-First Century Fox, Inc., Class A		747		21,170
Walt Disney Co. (The)		790		83,938

				280,429

Metals & Mining - 1.6%
Alcoa Corp.		607		19,819
Commercial Metals Co.		152		2,953
Freeport-McMoRan, Inc. *		3,111		37,363
Newmont Mining Corp.		90		2,915
Reliance Steel & Aluminum Co.		414		30,143
Royal Gold, Inc.		257		20,090
Steel Dynamics, Inc.		2,362		84,583
Worthington Industries, Inc.		922		46,303

				244,169

Mortgage Real Estate Investment Trusts (REITs) - 0.2%
Annaly Capital Management, Inc.		1,945		23,437


Multiline Retail - 0.1%
Macy’s, Inc.		533		12,387
Target Corp.		177		9,255

				21,642

Multi-Utilities - 2.8%
Ameren Corp.		1,251		68,392
CenterPoint Energy, Inc.		485		13,279
Consolidated Edison, Inc.		692		55,928
DTE Energy Co.		1,070		113,195
MDU Resources Group, Inc.		2,119		55,518
Public Service Enterprise Group, Inc.		2,162		92,988
SCANA Corp.		153		10,253
Vectren Corp.		44		2,571

				412,124

Oil, Gas & Consumable Fuels - 4.3%
Anadarko Petroleum Corp.		1,072		48,604
Chevron Corp.		805		83,986


INVESTMENTS	SHARES		VALUE ($)
Oil, Gas & Consumable Fuels - 4.3% (continued)
ConocoPhillips		554		24,354
CONSOL Energy, Inc. *		179		2,674
Devon Energy Corp.		1,887		60,327
Energen Corp. *		255		12,589
Exxon Mobil Corp.		1,159		93,566
Marathon Petroleum Corp.		1,234		64,575
Noble Energy, Inc.		102		2,887
Pioneer Natural Resources Co.		96		15,320
QEP Resources, Inc. *		3,334		33,673
Southwestern Energy Co. *		1,208		7,345
Tesoro Corp.		157		14,695
Valero Energy Corp.		1,045		70,496
Williams Cos., Inc. (The)		460		13,929
World Fuel Services Corp.		2,369		91,088

				640,108

Personal Products - 0.2%
Avon Products, Inc. *		3,720		14,136
Nu Skin Enterprises, Inc., Class A		178		11,186

				25,322

Pharmaceuticals - 2.9%
Akorn, Inc. *		15		503
Bristol-Myers Squibb Co.		529		29,476
Johnson & Johnson (a)		1,231		162,849
Mallinckrodt plc *		173		7,752
Merck & Co., Inc. (a)		1,505		96,456
Pfizer, Inc. (a)		4,048		135,972

				433,008

Professional Services - 0.8%
ManpowerGroup, Inc.		564		62,971
Robert Half International, Inc.		1,123		53,825

				116,796

Road & Rail - 1.3%
Kansas City Southern		164		17,162
Norfolk Southern Corp.		491		59,755
Ryder System, Inc.		111		7,990
Union Pacific Corp. (a)		1,026		111,742

				196,649

Semiconductors & Semiconductor Equipment - 5.1%
Applied Materials, Inc. (a)		2,555		105,547
Cirrus Logic, Inc. *		745		46,726
First Solar, Inc. *		506		20,179
Intel Corp.		4,259		143,699
KLA-Tencor Corp.		317		29,009
Lam Research Corp.		20		2,829
Marvell Technology Group Ltd.		1,736		28,679
Maxim Integrated Products, Inc.		1,658		74,444
Micron Technology, Inc. *		2,180		65,095
Microsemi Corp. *		87		4,072
NVIDIA Corp.		321		46,404
ON Semiconductor Corp. *		367		5,153
QUALCOMM, Inc.		859		47,434
Skyworks Solutions, Inc.		412		39,531
Teradyne, Inc.		530		15,916
Texas Instruments, Inc.		895		68,852
Versum Materials, Inc.		467		15,177

				758,746


INVESTMENTS	SHARES		VALUE ($)
Software - 5.7%
Activision Blizzard, Inc.		569		32,757
Adobe Systems, Inc. *		28		3,960
CA, Inc.		204		7,032
Cadence Design Systems, Inc. *		1,667		55,828
Citrix Systems, Inc. *		1,189		94,621
Electronic Arts, Inc. *		90		9,515
Fortinet, Inc. *		213		7,975
Intuit, Inc.		259		34,398
Manhattan Associates, Inc. *		1,092		52,481
Microsoft Corp. (a)		4,843		333,828
Oracle Corp.		2,615		131,116
Red Hat, Inc. *		364		34,853
VMware, Inc., Class A *		85		7,432
Zynga, Inc., Class A *		10,408		37,885

				843,681

Specialty Retail - 2.5%
American Eagle Outfitters, Inc.		867		10,447
Bed Bath & Beyond, Inc.		1,389		42,226
Best Buy Co., Inc.		939		53,833
Chico’s FAS, Inc.		4,554		42,899
Dick’s Sporting Goods, Inc.		138		5,497
Foot Locker, Inc.		596		29,371
GameStop Corp., Class A		1,251		27,034
Home Depot, Inc. (The)		372		57,065
Lowe’s Cos., Inc.		40		3,101
Michaels Cos., Inc. (The) *		1,035		19,168
Ross Stores, Inc.		205		11,835
Staples, Inc.		4,650		46,825
TJX Cos., Inc. (The)		390		28,146

				377,447

Technology Hardware, Storage & Peripherals - 5.4%
Apple, Inc. (a)		2,910		419,098
Hewlett Packard Enterprise Co.		5,563		92,290
HP, Inc. (a)		5,942		103,866
NCR Corp. *		71		2,900
NetApp, Inc.		241		9,652
Seagate Technology plc		1,994		77,267
Western Digital Corp.		181		16,037
Xerox Corp.		2,823		81,105

				802,215

Textiles, Apparel & Luxury Goods - 0.4%
Michael Kors Holdings Ltd. *		1,448		52,490
PVH Corp.		131		15,000

				67,490

Tobacco - 1.5%
Altria Group, Inc.		1,123		83,630
Philip Morris International, Inc.		894		105,000
Reynolds American, Inc.		480		31,219

				219,849

Trading Companies & Distributors - 0.9%
HD Supply Holdings, Inc. *		116		3,553
MSC Industrial Direct Co., Inc., Class A		523		44,957
United Rentals, Inc. *		388		43,732
WESCO International, Inc. *		177		10,142
WW Grainger, Inc.		163		29,426

				131,810

TOTAL COMMON STOCKS (Cost $18,645,864)				19,095,534


INVESTMENTS	SHARES		VALUE ($)
EXCHANGE TRADED FUND - 0.9%
SPDR S&P500 Fund Trust
(Cost $145,142)		604		146,047


SHORT-TERM INVESTMENTS - 1.1%

Investment Companies - 1.1%
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84% (2)(b)		4,174		4,174
Dreyfus Treasury & Agency Cash Management, Institutional Shares, 0.86% (2)(b)		16,696		16,696
J.P. Morgan U.S. Treasury Plus Money Market Fund - IM Shares, 0.86% (2)(b)		46,203		46,203
Limited Purpose Cash Investment Fund, 0.81% (2)(b)		69,216		69,209
UBS Select Treasury Preferred Fund, Class I, 0.85% (2)(b)		20,870		20,870

TOTAL SHORT-TERM INVESTMENTS (Cost $157,152)				157,152

TOTAL LONG POSITIONS (Cost $18,948,158)				19,398,733


SHORT POSITIONS - (29.8)%

COMMON STOCKS - (29.8)%

Aerospace & Defense - (1.2)%
HEICO Corp.		(147)		(10,560)
KLX, Inc. *		(604)		(30,200)
TransDigm Group, Inc.		(517)		(139,006)

				(179,766)

Banks - (1.1)%
Bank of the Ozarks, Inc.		(1,697)		(79,538)
Chemical Financial Corp.		(839)		(40,616)
FNB Corp.		(2,633)		(37,283)
Webster Financial Corp.		(262)		(13,682)

				(171,119)

Biotechnology - (2.4)%
Agios Pharmaceuticals, Inc. *		(743)		(38,227)
Alkermes plc *		(1,633)		(94,665)
Alnylam Pharmaceuticals, Inc. *		(33)		(2,632)
BioMarin Pharmaceutical, Inc. *		(241)		(21,888)
Incyte Corp. *		(312)		(39,284)
Intrexon Corp. *		(596)		(14,358)
Ionis Pharmaceuticals, Inc. *		(301)		(15,312)
Neurocrine Biosciences, Inc. *		(1,248)		(57,408)
OPKO Health, Inc. *		(8,899)		(58,555)
Seattle Genetics, Inc. *		(196)		(10,141)

				(352,470)

Capital Markets - (0.6)%
Charles Schwab Corp. (The)		(155)		(6,659)
Stifel Financial Corp. *		(1,377)		(63,315)
WisdomTree Investments, Inc.		(2,119)		(21,550)

				(91,524)

Chemicals - (1.0)%
CF Industries Holdings, Inc.		(4,863)		(135,969)
Platform Specialty Products Corp. *		(1,507)		(19,109)

				(155,078)


INVESTMENTS	SHARES		VALUE ($)
Commercial Services & Supplies - (0.7)%
RR Donnelley & Sons Co.		(8,285)		(103,894)


Communications Equipment - (0.9)%
Arista Networks, Inc. *		(87)		(13,032)
NetScout Systems, Inc. *		(1,183)		(40,695)
Palo Alto Networks, Inc. *		(68)		(9,099)
ViaSat, Inc. *		(1,186)		(78,513)

				(141,339)

Construction & Engineering - 0.0% (c)
Granite Construction, Inc.		(57)		(2,750)


Containers & Packaging - (1.1)%
Ball Corp.		(3,987)		(168,291)


Diversified Telecommunication Services - (0.1)%
Zayo Group Holdings, Inc. *		(425)		(13,133)


Electrical Equipment - (0.4)%
Acuity Brands, Inc.		(178)		(36,184)
Sensata Technologies Holding NV *		(607)		(25,931)

				(62,115)

Electronic Equipment, Instruments & Components - (0.4)%
Coherent, Inc. *		(88)		(19,799)
National Instruments Corp.		(54)		(2,172)
Universal Display Corp.		(312)		(34,086)

				(56,057)

Energy Equipment & Services - (1.6)%
Core Laboratories NV		(272)		(27,545)
Frank’s International NV		(4,599)		(38,126)
Helmerich & Payne, Inc.		(203)		(11,031)
Transocean Ltd. *		(351)		(2,889)
Weatherford International plc *		(41,477)		(160,516)

				(240,107)

Food Products - (0.6)%
Blue Buffalo Pet Products, Inc. *		(598)		(13,641)
Post Holdings, Inc. *		(519)		(40,300)
Snyder’s-Lance, Inc.		(486)		(16,825)
TreeHouse Foods, Inc. *		(277)		(22,628)

				(93,394)

Gas Utilities - 0.0%(c)
WGL Holdings, Inc.		(26)		(2,169)


Health Care Equipment & Supplies - (1.6)%
DexCom, Inc. *		(2,493)		(182,363)
NuVasive, Inc. *		(671)		(51,613)

				(233,976)

Health Care Providers & Services - (2.0)%
Acadia Healthcare Co., Inc. *		(3,165)		(156,287)
Envision Healthcare Corp. *		(1,819)		(113,997)
MEDNAX, Inc. *		(43)		(2,596)
Premier, Inc., Class A *		(631)		(22,716)

				(295,596)

Health Care Technology - 0.0% (c)
Medidata Solutions, Inc. *		(38)		(2,972)


INVESTMENTS	SHARES		VALUE ($)
Household Durables - (0.3)%
Newell Brands, Inc.		(220)		(11,797)
TRI Pointe Group, Inc. *		(1,927)		(25,417)

				(37,214)

Industrial Conglomerates - 0.0% (c)
Roper Technologies, Inc.		(12)		(2,778)


Internet & Direct Marketing Retail - (0.1)%
TripAdvisor, Inc. *		(84)		(3,209)
Wayfair, Inc., Class A *		(101)		(7,765)

				(10,974)

Internet Software & Services - (1.2)%
comScore, Inc. *		(220)		(5,775)
Pandora Media, Inc. *		(14,468)		(129,055)
Zillow Group, Inc., Class C *		(851)		(41,707)

				(176,537)

IT Services - (0.6)%
First Data Corp., Class A *		(2,185)		(39,767)
Sabre Corp.		(1,556)		(33,874)
Square, Inc., Class A *		(510)		(11,964)
WEX, Inc. *		(95)		(9,906)

				(95,511)

Life Sciences Tools & Services - (0.7)%
Bio-Techne Corp.		(176)		(20,680)
Quintiles IMS Holdings, Inc. *		(965)		(86,368)

				(107,048)

Machinery - (1.1)%
Wabtec Corp.		(771)		(70,547)
Welbilt, Inc. *		(4,818)		(90,819)

				(161,366)

Metals & Mining - (0.8)%
Allegheny Technologies, Inc.		(5,665)		(96,362)
Compass Minerals International, Inc.		(302)		(19,720)

				(116,082)

Multi-Utilities - (0.8)%
Black Hills Corp.		(1,279)		(86,294)
Dominion Energy, Inc.		(406)		(31,112)

				(117,406)

Oil, Gas & Consumable Fuels - (3.2)%
Antero Resources Corp.*		(234)		(5,057)
Centennial Resource Development, Inc., Class A *		(1,233)		(19,506)
Cheniere Energy, Inc. *		(1,843)		(89,773)
Chesapeake Energy Corp. *		(1,459)		(7,251)
Concho Resources, Inc. *		(20)		(2,431)
Hess Corp.		(1,332)		(58,435)
Kosmos Energy Ltd. (Ghana) *		(11,052)		(70,843)
Matador Resources Co. *		(1,520)		(32,482)
Newfield Exploration Co. *		(711)		(20,235)
ONEOK, Inc.		(173)		(9,024)
PBF Energy, Inc., Class A		(2,317)		(51,576)
Range Resources Corp.		(1,518)		(35,172)
Rice Energy, Inc. *		(1,453)		(38,693)
SM Energy Co.		(113)		(1,868)
Whiting Petroleum Corp. *		(5,318)		(29,302)

				(471,648)


INVESTMENTS	SHARES		VALUE ($)
Personal Products - (0.5)%
Coty, Inc., Class A		(3,789)		(71,082)


Pharmaceuticals - (0.9)%
Allergan plc		(16)		(3,889)
Perrigo Co. plc		(1,316)		(99,384)
Prestige Brands Holdings, Inc. *		(444)		(23,448)

				(126,721)

Professional Services - 0.0% (c)
IHS Markit Ltd. *		(109)		(4,800)


Road & Rail - (0.1)%
Genesee & Wyoming, Inc., Class A *		(136)		(9,301)


Semiconductors & Semiconductor Equipment - (0.6)%
Cavium, Inc. *		(803)		(49,891)
Cypress Semiconductor Corp.		(2,419)		(33,019)

				(82,910)

Software - (1.6)%
ACI Worldwide, Inc. *		(239)		(5,346)
Atlassian Corp. plc, Class A (Australia) *		(602)		(21,178)
Guidewire Software, Inc. *		(1,027)		(70,565)
ServiceNow, Inc. *		(171)		(18,126)
Splunk, Inc. *		(350)		(19,912)
Tyler Technologies, Inc. *		(58)		(10,189)
Ultimate Software Group, Inc. (The) *		(241)		(50,625)
Workday, Inc., Class A *		(440)		(42,680)

				(238,621)

Specialty Retail - (1.0)%
CarMax, Inc. *		(946)		(59,655)
L Brands, Inc.		(584)		(31,472)
Signet Jewelers Ltd.		(1,031)		(65,200)

				(156,327)

Technology Hardware, Storage & Peripherals - (0.4)%
Diebold Nixdorf, Inc.		(2,248)		(62,944)


Trading Companies & Distributors - (0.2)%
Fastenal Co.		(187)		(8,140)
Herc Holdings, Inc. *		(681)		(26,777)

				(34,917)

TOTAL COMMON STOCKS (Proceeds $(4,356,370))				(4,449,937)

TOTAL SHORT POSITIONS (Proceeds $(4,356,370))				(4,449,937)

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 100.2% (Cost $14,591,788)				14,948,796


LIABILITIES IN EXCESS OF OTHER ASSETS - (0.2)%				(31,358)

NET ASSETS - 100.0%				14,917,438


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	1,910,444		12.8	%
Consumer Staples		847,508		5.7
Energy		96,621		0.6
Exchange Traded Fund		146,047		0.9
Financials		2,563,773		17.2
Health Care		1,319,353		8.8
Industrials		2,265,921		15.2
Information Technology		3,577,701		24.0
Materials		486,267		3.3
Real Estate		469,270		3.1
Telecommunication Services		186,844		1.3
Utilities		921,895		6.2
Short-Term Investments		157,152		1.1

Total Investments In Securities At Value		14,948,796		100.2
Liabilities in Excess of Other Assets		(31,358)		(0.2)

Net Assets	$	14,917,438		100.0	%

All securities are United States companies, unless noted otherwise in parentheses.

*	Non-income producing security.

(a)	All or a portion of this security is segregated in connection with obligations for securities sold short with a total value of $5,089,996.

(b)	Represents 7-day effective yield as of 6/30/2017.

(c)	Represents less than 0.05% of net assets.

All securities are Level 1 with respect to ASC 820, unless otherwise noted in parentheses.

(2)	Level 2 security (See Note 4).

Abbreviations

SPDR - Standard & Poor’s Depository Receipts


INVESTMENTS	SHARES		VALUE ($)
LONG POSITIONS - 130.6%
COMMON STOCKS - 127.2%

Aerospace & Defense - 4.4%
AAR Corp. (a)		377		13,104
Curtiss-Wright Corp. (a)		161		14,777
DigitalGlobe, Inc. *		92		3,064
Ducommun, Inc. *		397		12,537
Engility Holdings, Inc. *		37		1,051
Esterline Technologies Corp. *(a)		129		12,229
Moog, Inc., Class A *		159		11,403
Sparton Corp. *		1,090		23,969
Vectrus, Inc. *		1,015		32,805

				124,939

Air Freight & Logistics - 0.5%
Hub Group, Inc., Class A *		134		5,139
Park-Ohio Holdings Corp.		223		8,496

				13,635

Airlines - 0.1%
Allegiant Travel Co.		14		1,899
Hawaiian Holdings, Inc. *		54		2,535

				4,434

Auto Components - 2.8%
American Axle & Manufacturing Holdings, Inc. *		451		7,036
Cooper Tire & Rubber Co.		271		9,783
Cooper-Standard Holdings, Inc. *		60		6,052
Dana, Inc. (a)		838		18,713
Stoneridge, Inc. *		623		9,600
Superior Industries International, Inc.		129		2,651
Tenneco, Inc.		125		7,229
Tower International, Inc.		880		19,756

				80,820

Banks - 12.1%
1st Source Corp. (a)		434		20,806
BancFirst Corp. (a)		133		12,848
Banco Latinoamericano de Comercio Exterior SA, Class E (Panama)		133		3,642
BancorpSouth, Inc. (a)		428		13,054
Berkshire Hills Bancorp, Inc.		118		4,148
Boston Private Financial Holdings, Inc.		398		6,109
Canadian Imperial Bank of Commerce (Canada)		1		67
Capital Bank Financial Corp., Class A		12		457
Cathay General Bancorp		141		5,351
CenterState Banks, Inc.		200		4,972
Central Pacific Financial Corp.		236		7,427
City Holding Co.		55		3,623
Columbia Banking System, Inc.		51		2,032
Community Trust Bancorp, Inc.		88		3,850
Customers Bancorp, Inc. *		113		3,196
Eagle Bancorp, Inc. *		27		1,709
Enterprise Financial Services Corp.		134		5,467
FCB Financial Holdings, Inc., Class A *		63		3,008
First BanCorp *		5,695		32,974
First Busey Corp.		169		4,955
First Citizens BancShares, Inc., Class A (a)		44		16,399


INVESTMENTS	SHARES		VALUE ($)
Banks - 12.1% (continued)
First Financial Bancorp		128		3,546
First Financial Corp.		241		11,399
First Merchants Corp.		176		7,065
First Midwest Bancorp, Inc.		279		6,504
Fulton Financial Corp.		334		6,346
Great Southern Bancorp, Inc.		74		3,959
Great Western Bancorp, Inc.		73		2,979
Hancock Holding Co. (a)		259		12,691
Hanmi Financial Corp.		468		13,315
Heartland Financial USA, Inc. (a)		261		12,293
Heritage Financial Corp.		44		1,166
Hope Bancorp, Inc.		382		7,124
IBERIABANK Corp.		102		8,313
Independent Bank Group, Inc.		44		2,618
International Bancshares Corp. (a)		424		14,861
Investors Bancorp, Inc.		418		5,584
LegacyTexas Financial Group, Inc.		33		1,258
National Bank Holdings Corp., Class A		37		1,225
OFG Bancorp		442		4,420
Old National Bancorp		309		5,330
Opus Bank		488		11,810
Preferred Bank		90		4,812
Sandy Spring Bancorp, Inc.		131		5,326
South State Corp.		11		943
Stonegate Bank		43		1,986
Texas Capital Bancshares, Inc. *		68		5,263
TriCo Bancshares		117		4,113
Umpqua Holdings Corp. (a)		473		8,684
Union Bankshares Corp.		134		4,543
United Community Banks, Inc.		181		5,032
WesBanco, Inc.		24		949
Wintrust Financial Corp.		39		2,981

				344,532

Beverages - 0.4%
National Beverage Corp.		129		12,069


Biotechnology - 5.7%
Acorda Therapeutics, Inc. *		315		6,206
AMAG Pharmaceuticals, Inc. *		456		8,390
Array BioPharma, Inc. *		252		2,109
Axovant Sciences Ltd. *		84		1,948
BioSpecifics Technologies Corp. *		131		6,486
Blueprint Medicines Corp. *		69		3,496
Calithera Biosciences, Inc. *		772		11,464
Cara Therapeutics, Inc. *		31		477
Clovis Oncology, Inc. *		52		4,869
Conatus Pharmaceuticals, Inc. *		2,102		12,108
Corbus Pharmaceuticals Holdings, Inc. *		254		1,600
Corvus Pharmaceuticals, Inc. *		114		1,379
CytomX Therapeutics, Inc. *		37		574
Eagle Pharmaceuticals, Inc. *		47		3,708
Emergent BioSolutions, Inc. *		282		9,563
Enanta Pharmaceuticals, Inc. *		192		6,908
Epizyme, Inc. *		123		1,857
Esperion Therapeutics, Inc. *		47		2,175
Genomic Health, Inc. *		116		3,776
ImmunoGen, Inc. *		1,147		8,155
Intellia Therapeutics, Inc. *		197		3,152
MacroGenics, Inc. *		92		1,611


INVESTMENTS	SHARES		VALUE ($)
Biotechnology - 5.7% (continued)
Myriad Genetics, Inc. *(a)		798		20,620
PDL BioPharma, Inc. *		7,703		19,026
Portola Pharmaceuticals, Inc. *		71		3,988
Prothena Corp. plc (Ireland)*		48		2,598
Puma Biotechnology, Inc. *		41		3,583
REGENXBIO, Inc. *		78		1,541
Repligen Corp. *		34		1,409
Versartis, Inc. *		66		1,152
Xencor, Inc. *		276		5,826

				161,754

Building Products - 2.8%
American Woodmark Corp. *		24		2,293
Continental Building Products, Inc. *		539		12,559
Gibraltar Industries, Inc. *		282		10,053
Insteel Industries, Inc.		100		3,297
Masonite International Corp. *		62		4,681
NCI Building Systems, Inc. *		605		10,103
Patrick Industries, Inc. *		28		2,040
Ply Gem Holdings, Inc.* (a)		1,360		24,412
Simpson Manufacturing Co., Inc.		136		5,945
Universal Forest Products, Inc.		42		3,667

				79,050

Capital Markets - 0.8%
Evercore Partners, Inc., Class A		90		6,345
Greenhill & Co., Inc.		94		1,889
INTL. FCStone, Inc. *		203		7,665
Piper Jaffray Cos.		11		660
Waddell & Reed Financial, Inc., Class A		362		6,835

				23,394

Chemicals - 4.8%
Ferro Corp. *		694		12,693
FutureFuel Corp.		878		13,249
HB Fuller Co.		19		971
Innophos Holdings, Inc.		271		11,881
Innospec, Inc.		34		2,229
Koppers Holdings, Inc. *		69		2,494
Kronos Worldwide, Inc.		638		11,624
OMNOVA Solutions, Inc. *		1,954		19,051
PolyOne Corp.		248		9,608
Rayonier Advanced Materials, Inc.		506		7,954
Stepan Co.		78		6,797
Trinseo SA (a)		528		36,274
Tronox Ltd., Class A		226		3,417

				138,242

Commercial Services & Supplies - 2.1%
ACCO Brands Corp. *		353		4,112
Brady Corp., Class A		73		2,475
Brink’s Co. (The)		149		9,983
Ennis, Inc.		218		4,164
Essendant, Inc.		219		3,248
Herman Miller, Inc.		208		6,323
Interface, Inc.		15		295
Knoll, Inc.		512		10,265
McGrath RentCorp.		28		970
Steelcase, Inc., Class A (a)		663		9,282
Viad Corp.		192		9,072

				60,189


INVESTMENTS	SHARES		VALUE ($)
Communications Equipment - 2.4%
Acacia Communications, Inc. *		52		2,156
Applied Optoelectronics, Inc. *		74		4,573
Digi International, Inc. *		308		3,126
Finisar Corp.* (a)		703		18,264
InterDigital, Inc. (a)		150		11,595
NETGEAR, Inc. *		118		5,086
Sonus Networks, Inc. *		2,109		15,691
Viavi Solutions, Inc. *		646		6,802

				67,293

Construction & Engineering - 1.4%
Argan, Inc.		118		7,080
Comfort Systems USA, Inc.		103		3,821
EMCOR Group, Inc.		170		11,115
MasTec, Inc. *		30		1,355
MYR Group, Inc. *		211		6,545
Tutor Perini Corp. *		351		10,091

				40,007

Construction Materials - 0.1%
Summit Materials, Inc., Class A *		146		4,215


Consumer Finance - 0.6%
Enova International, Inc. *		98		1,455
FirstCash, Inc.		49		2,857
LendingClub Corp. *		451		2,485
Nelnet, Inc., Class A		53		2,492
Regional Management Corp. *		391		9,239

				18,528

Distributors - 0.1%
Core-Mark Holding Co., Inc.		55		1,818


Diversified Consumer Services - 1.7%
Adtalem Global Education, Inc.		96		3,643
American Public Education, Inc. *		568		13,433
Capella Education Co.		177		15,151
Career Education Corp. *		117		1,123
Grand Canyon Education, Inc. *		17		1,333
K12, Inc.*		832		14,910

				49,593

Diversified Telecommunication Services - 0.7%
Cincinnati Bell, Inc. *		219		4,282
IDT Corp., Class B		706		10,145
Intelsat SA*		2,033		6,221
Vonage Holdings Corp. *		58		379

				21,027

Electric Utilities - 0.4%
Portland General Electric Co. (a)		240		10,966
Spark Energy, Inc., Class A		80		1,504

				12,470

Electrical Equipment - 0.6%
Babcock & Wilcox Enterprises, Inc. *		505		5,939
EnerSys		68		4,927
Generac Holdings, Inc. *		48		1,734
Powell Industries, Inc.		149		4,766

				17,366


INVESTMENTS	SHARES		VALUE ($)
Electronic Equipment, Instruments & Components - 6.0%
Anixter International, Inc. *(a)		228		17,830
AVX Corp.		627		10,245
Benchmark Electronics, Inc. *(a)		359		11,596
Control4 Corp.*		993		19,473
Insight Enterprises, Inc. *(a)		479		19,155
Itron, Inc. *		8		542
KEMET Corp. *		588		7,526
Methode Electronics, Inc.		63		2,596
Plexus Corp. *		65		3,417
Rogers Corp. *(a)		115		12,491
Sanmina Corp. *(a)		639		24,346
ScanSource, Inc. *(a)		487		19,626
SYNNEX Corp.		91		10,916
Tech Data Corp. *(a)		70		7,070
TTM Technologies, Inc. *		253		4,392

				171,221

Energy Equipment & Services - 1.1%
Archrock, Inc.		1,091		12,437
Helix Energy Solutions Group, Inc. *		195		1,100
Matrix Service Co. *		474		4,432
McDermott International, Inc. *		1,280		9,178
Oil States International, Inc. *		87		2,362
Pioneer Energy Services Corp. *		583		1,195

				30,704

Equity Real Estate Investment Trusts (REITs) - 3.6%
Alexander’s, Inc.		8		3,372
Care Capital Properties, Inc.		121		3,231
CBL & Associates Properties, Inc.		357		3,009
DiamondRock Hospitality Co.		464		5,081
First Potomac Realty Trust		544		6,044
Four Corners Property Trust, Inc.		499		12,530
GEO Group, Inc. (The)		115		3,400
Lexington Realty Trust (a)		1,571		15,569
Mack-Cali Realty Corp. (a)		618		16,772
QTS Realty Trust, Inc., Class A		11		576
RLJ Lodging Trust		227		4,510
Select Income REIT (a)		452		10,862
Summit Hotel Properties, Inc.		152		2,835
Xenia Hotels & Resorts, Inc. (a)		769		14,895

				102,686

Food & Staples Retailing - 0.8%
Andersons, Inc. (The)		95		3,244
SpartanNash Co.		242		6,282
SUPERVALU, Inc. *		3,665		12,058

				21,584

Food Products - 2.7%
Darling Ingredients, Inc. *(a)		1,494		23,516
Dean Foods Co.		104		1,768
Fresh Del Monte Produce, Inc. (a)		245		12,473
John B Sanfilippo & Son, Inc.		150		9,466
Omega Protein Corp.		1,007		18,025
Sanderson Farms, Inc.		94		10,871

				76,119


INVESTMENTS	SHARES		VALUE ($)
Gas Utilities - 1.3%
ONE Gas, Inc.		134		9,355
Southwest Gas Holdings, Inc. (a)		286		20,895
WGL Holdings, Inc.		68		5,673

				35,923

Health Care Equipment & Supplies - 3.7%
Analogic Corp.		29		2,107
AngioDynamics, Inc. *		159		2,577
Atrion Corp.		1		643
Cantel Medical Corp.		25		1,948
Globus Medical, Inc., Class A *(a)		408		13,525
Integer Holdings Corp. *		20		865
iRadimed Corp. *		448		3,853
Lantheus Holdings, Inc. *		498		8,790
LeMaitre Vascular, Inc.		324		10,115
Masimo Corp. *(a)		147		13,404
Meridian Bioscience, Inc.		59		929
Merit Medical Systems, Inc. *		74		2,823
Natus Medical, Inc. *		178		6,639
OraSure Technologies, Inc. *		533		9,200
Orthofix International NV *		289		13,433
Pulse Biosciences, Inc. *		160		5,525
Surmodics, Inc. *		293		8,248

				104,624

Health Care Providers & Services - 2.9%
AMN Healthcare Services, Inc. *		27		1,054
Community Health Systems, Inc. *		931		9,273
CorVel Corp. *		294		13,950
HealthSouth Corp.		77		3,727
Landauer, Inc.		79		4,132
LHC Group, Inc. *		87		5,906
Magellan Health, Inc. *		145		10,570
Molina Healthcare, Inc. *		83		5,742
National HealthCare Corp.		63		4,419
Owens & Minor, Inc.		161		5,183
PharMerica Corp. *		227		5,959
Triple-S Management Corp., Class B *		766		12,953

				82,868

Health Care Technology - 1.3%
HMS Holdings Corp. *(a)		936		17,316
Omnicell, Inc.*		15		646
Quality Systems, Inc. *(a)		1,117		19,224

				37,186

Hotels, Restaurants & Leisure - 3.0%
BJ’s Restaurants, Inc. *		102		3,799
Bloomin’ Brands, Inc.		377		8,004
Boyd Gaming Corp.		533		13,224
Buffalo Wild Wings, Inc. *		25		3,168
Caesars Entertainment Corp. *		580		6,960
Cheesecake Factory, Inc. (The)		8		402
Del Frisco’s Restaurant Group, Inc. *		279		4,492
ILG, Inc.		119		3,271
International Speedway Corp., Class A		118		4,431
Intrawest Resorts Holdings, Inc. *		580		13,769
La Quinta Holdings, Inc. *		304		4,490
Marriott Vacations Worldwide Corp.		17		2,002


INVESTMENTS	SHARES		VALUE ($)
Hotels, Restaurants & Leisure - 3.0% (continued)
Ruth’s Hospitality Group, Inc.		739		16,073
Texas Roadhouse, Inc.		30		1,529

				85,614

Household Durables - 3.4%
Beazer Homes USA, Inc. *		662		9,083
Century Communities, Inc. *		389		9,647
Flexsteel Industries, Inc.		258		13,960
Hovnanian Enterprises, Inc., Class A *		3,596		10,069
iRobot Corp. *		15		1,262
KB Home		107		2,565
La-Z-Boy, Inc.		210		6,825
Libbey, Inc.		906		7,302
M/I Homes, Inc. *		153		4,368
MDC Holdings, Inc.		39		1,378
NACCO Industries, Inc., Class A		61		4,322
Taylor Morrison Home Corp., Class A *(a)		615		14,766
TopBuild Corp. *		106		5,625
ZAGG, Inc. *		604		5,225

				96,397

Household Products - 0.1%
Central Garden & Pet Co., Class A *		126		3,783


Insurance - 3.6%
Ambac Financial Group, Inc. *		305		5,292
AMERISAFE, Inc.		19		1,082
Argo Group International Holdings Ltd.		163		9,878
CNO Financial Group, Inc. (a)		840		17,539
Employers Holdings, Inc. (a)		530		22,419
Enstar Group Ltd. *		12		2,384
Federated National Holding Co.		1,222		19,552
Genworth Financial, Inc., Class A *		530		1,998
Heritage Insurance Holdings, Inc.		238		3,099
Maiden Holdings Ltd.		401		4,451
National Western Life Group, Inc., Class A		29		9,269
Safety Insurance Group, Inc.		101		6,898
United Fire Group, Inc.		8		352

				104,213

Internet & Direct Marketing Retail - 0.1%
1-800-Flowers.com, Inc., Class A *		257		2,506
HSN, Inc.		29		925

				3,431

Internet Software & Services - 3.1%
Bankrate, Inc. *		598		7,684
Bazaarvoice, Inc. *		797		3,945
Blucora, Inc.*		83		1,759
Box, Inc., Class A *		161		2,937
Brightcove, Inc. *		1,716		10,639
Carbonite, Inc. *		138		3,008
Care.com, Inc. *		432		6,523
DHI Group, Inc. *		1,896		5,404
GrubHub, Inc. *(a)		341		14,868
Meet Group, Inc. (The) *		1,814		9,161
Shutterstock, Inc. *		42		1,851
Web.com Group, Inc. *		146		3,694
XO Group, Inc. *		427		7,524
Yelp, Inc. *		301		9,036

				88,033


INVESTMENTS	SHARES		VALUE ($)
IT Services - 3.1%
CACI International, Inc., Class A *		4		500
Convergys Corp. (a)		793		18,858
EVERTEC, Inc.		774		13,390
Hackett Group, Inc. (The)		817		12,663
NeuStar, Inc., Class A *(a)		768		25,613
Perficient, Inc. *		43		802
Sykes Enterprises, Inc. *		235		7,880
Travelport Worldwide Ltd.		611		8,407

				88,113

Leisure Products - 0.8%
American Outdoor Brands Corp. *		61		1,352
Johnson Outdoors, Inc., Class A		188		9,063
MCBC Holdings, Inc. *		673		13,157

				23,572

Life Sciences Tools & Services - 1.0%
Cambrex Corp. *		72		4,302
INC Research Holdings, Inc., Class A *(a)		246		14,391
PAREXEL International Corp. *		72		6,258
PRA Health Sciences, Inc. *		43		3,225

				28,176

Machinery - 6.3%
Alamo Group, Inc.		126		11,442
Astec Industries, Inc. (a)		218		12,101
Barnes Group, Inc.		55		3,219
Briggs & Stratton Corp.		183		4,410
Commercial Vehicle Group, Inc. *		391		3,304
Global Brass & Copper Holdings, Inc.		372		11,365
Greenbrier Cos., Inc. (The)		203		9,389
Harsco Corp. *		597		9,612
Hyster-Yale Materials Handling, Inc.		77		5,409
Kadant, Inc.		81		6,091
Kennametal, Inc.		196		7,334
Lydall, Inc. *		26		1,344
Meritor, Inc. *(a)		1,079		17,922
Mueller Industries, Inc.		350		10,658
Mueller Water Products, Inc., Class A (a)		1,011		11,808
Rexnord Corp. *		81		1,883
Spartan Motors, Inc.		2,196		19,435
SPX Corp. *		113		2,843
Standex International Corp.		35		3,175
Supreme Industries, Inc., Class A		755		12,420
TriMas Corp. *		287		5,984
Wabash National Corp.		315		6,924
Woodward, Inc.		31		2,095

				180,167

Media - 0.6%
Entravision Communications Corp., Class A		347		2,290
Gannett Co., Inc.		680		5,930
MSG Networks, Inc., Class A *		309		6,937
Sinclair Broadcast Group, Inc., Class A		14		461
Time, Inc.		64		918

				16,536

Metals & Mining - 3.9%
AK Steel Holding Corp. *		1,012		6,649
Cliffs Natural Resources, Inc.* (a)		3,558		24,621


INVESTMENTS	SHARES		VALUE ($)
Metals & Mining - 3.9% (continued)
Coeur Mining, Inc. *		452		3,878
Commercial Metals Co.		432		8,394
Gold Resource Corp.		119		486
Haynes International, Inc.		73		2,651
Hecla Mining Co.		506		2,581
Kaiser Aluminum Corp. (a)		149		13,189
Materion Corp.		345		12,903
Olympic Steel, Inc.		210		4,091
Ryerson Holding Corp. *		996		9,860
SunCoke Energy, Inc. *		1,217		13,265
Worthington Industries, Inc.		179		8,989

				111,557

Multiline Retail - 0.3%
Big Lots, Inc.		210		10,143


Multi-Utilities - 0.4%
Avista Corp.		148		6,284
NorthWestern Corp.		93		5,675

				11,959

Oil, Gas & Consumable Fuels - 2.8%
Abraxas Petroleum Corp. *		5,085		8,238
Arch Coal, Inc., Class A		42		2,869
California Resources Corp. *		497		4,249
Cloud Peak Energy, Inc. *		2,826		9,976
Contango Oil & Gas Co. *		210		1,394
DHT Holdings, Inc.		657		2,727
Green Plains, Inc.		147		3,021
Oasis Petroleum, Inc.*		501		4,033
Overseas Shipholding Group, Inc., Class A *		4,219		11,222
PDC Energy, Inc. *		6		259
REX American Resources Corp. *		182		17,574
SandRidge Energy, Inc. *		156		2,685
Ship Finance International Ltd. (Norway)		43		585
Teekay Tankers Ltd., Class A		204		383
W&T Offshore, Inc. *		4,113		8,061
Westmoreland Coal Co. *		864		4,208

				81,484

Paper & Forest Products - 0.6%
Louisiana-Pacific Corp. *(a)		629		15,165
Schweitzer-Mauduit International, Inc.		21		782

				15,947

Pharmaceuticals - 2.8%
Catalent, Inc. *		165		5,792
Corcept Therapeutics, Inc. *(a)		1,371		16,178
Horizon Pharma plc *		903		10,719
Innoviva, Inc. *		352		4,506
Phibro Animal Health Corp., Class A		329		12,189
Prestige Brands Holdings, Inc. *(a)		308		16,265
SciClone Pharmaceuticals, Inc. *		1,068		11,748
Supernus Pharmaceuticals, Inc. *		24		1,034
Tetraphase Pharmaceuticals, Inc. *		75		535

				78,966

Professional Services - 2.6%
Acacia Research Corp. *		152		623
Barrett Business Services, Inc.		182		10,427


INVESTMENTS	SHARES		VALUE ($)
Professional Services - 2.6% (continued)
ICF International, Inc. *		121		5,699
Insperity, Inc. (a)		192		13,632
Kelly Services, Inc., Class A		116		2,604
Kforce, Inc.		167		3,273
Navigant Consulting, Inc. *		218		4,308
RPX Corp. *		1,009		14,076
TrueBlue, Inc. *(a)		701		18,576

				73,218

Real Estate Management & Development - 0.3%
Alexander & Baldwin, Inc.		49		2,028
Forestar Group, Inc. *		63		1,080
HFF, Inc., Class A		191		6,641

				9,749

Road & Rail - 0.8%
ArcBest Corp.		354		7,293
Roadrunner Transportation Systems, Inc. *		1,516		11,021
YRC Worldwide, Inc. *		328		3,647

				21,961

Semiconductors & Semiconductor Equipment - 6.6%
Advanced Energy Industries, Inc. *		110		7,116
Alpha & Omega Semiconductor Ltd. *		1,098		18,304
Amkor Technology, Inc. *(a)		1,306		12,760
Axcelis Technologies, Inc. *		232		4,860
AXT, Inc. *		1,624		10,312
Brooks Automation, Inc. (a)		638		13,838
Cabot Microelectronics Corp.		38		2,806
Cirrus Logic, Inc. *(a)		476		29,855
Entegris, Inc. *(a)		550		12,072
Integrated Device Technology, Inc. *		249		6,422
Nanometrics, Inc. *		571		14,441
NeoPhotonics Corp. *		490		3,783
Photronics, Inc. *		880		8,272
Rudolph Technologies, Inc.*		794		18,143
Semtech Corp. *		266		9,509
Synaptics, Inc. *(a)		212		10,962
Ultra Clean Holdings, Inc. *		136		2,550
Xperi Corp.		65		1,937

				187,942

Software - 2.9%
8x8, Inc.*		459		6,679
A10 Networks, Inc. *		285		2,405
Aspen Technology, Inc. *		24		1,326
Barracuda Networks, Inc. *(a)		805		18,563
CommVault Systems, Inc. *		57		3,218
Gigamon, Inc. *(a)		366		14,402
MicroStrategy, Inc., Class A*		27		5,175
Mitek Systems, Inc. *		417		3,503
Qualys, Inc. *		189		7,711
RealPage, Inc. *		110		3,955
Rubicon Project, Inc. (The) *		409		2,102
Synchronoss Technologies, Inc. *		61		1,003
TiVo Corp.		84		1,567
Verint Systems, Inc. *		274		11,152

				82,761


INVESTMENTS	SHARES		VALUE ($)
Specialty Retail - 1.3%
American Eagle Outfitters, Inc.		232		2,796
America’s Car-Mart, Inc. *		16		622
Big 5 Sporting Goods Corp.		188		2,453
Cato Corp. (The), Class A		149		2,621
Citi Trends, Inc.		129		2,737
Express, Inc. *		518		3,497
Finish Line, Inc. (The), Class A		137		1,941
Francesca’s Holdings Corp. *		77		842
Genesco, Inc. *		10		339
Haverty Furniture Cos., Inc.		194		4,869
Kirkland’s, Inc. *		152		1,563
Office Depot, Inc.		1,405		7,924
Pier 1 Imports, Inc.		218		1,132
Sonic Automotive, Inc., Class A		131		2,548

				35,884

Technology Hardware, Storage & Peripherals - 0.9%
Avid Technology, Inc. *		1,507		7,927
Eastman Kodak Co. *		506		4,605
Electronics For Imaging, Inc. *		96		4,548
Quantum Corp. *		747		5,834
Super Micro Computer, Inc. *		132		3,254

				26,168

Textiles, Apparel & Luxury Goods - 1.0%
Crocs, Inc. *		281		2,167
Deckers Outdoor Corp. *		9		614
Fossil Group, Inc. *		560		5,796
Iconix Brand Group, Inc. *		65		449
Movado Group, Inc.		190		4,797
Perry Ellis International, Inc. *		230		4,476
Vera Bradley, Inc.*		1,028		10,054

				28,353

Thrifts & Mortgage Finance - 5.3%
Astoria Financial Corp.		134		2,700
Dime Community Bancshares, Inc.		635		12,446
Essent Group Ltd. *		77		2,860
Federal Agricultural Mortgage Corp., Class C		308		19,928
First Defiance Financial Corp.		257		13,539
Flagstar Bancorp, Inc. *(a)		756		23,300
MGIC Investment Corp. *(a)		3,135		35,112
NMI Holdings, Inc., Class A *		482		5,519
Radian Group, Inc. (a)		1,304		21,320
TrustCo Bank Corp.		1,176		9,114
Washington Federal, Inc.		197		6,540

				152,378

Tobacco - 0.1%
Vector Group Ltd.		96		2,047


Trading Companies & Distributors - 1.4%
Applied Industrial Technologies, Inc.		63		3,720
Beacon Roofing Supply, Inc. *		82		4,018
DXP Enterprises, Inc. *		78		2,691
MRC Global, Inc. *		245		4,047
Neff Corp., Class A *		136		2,584
Rush Enterprises, Inc., Class A *(a)		494		18,367
Veritiv Corp. *		136		6,120

				41,547


INVESTMENTS	SHARES		VALUE ($)
Transportation Infrastructure - 0.0% (b)
Wesco Aircraft Holdings, Inc.*		118		1,280


Water Utilities - 0.2%
SJW Group		98		4,820

TOTAL COMMON STOCKS (Cost $3,638,654)				3,634,489


EXCHANGE TRADED FUND - 1.1%
iShares Russell 2000 Fund (Cost $31,946)		228		32,130


RIGHT - 0.0% (b)	NO. OF RIGHTS

Media - 0.0% (b)
Media General, Inc., CVR
(Cost $33)(3) *(c)		112		171


SHORT-TERM INVESTMENTS - 2.3%	SHARES

Investment Companies - 2.3%
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84% (2)(d)		6,360		6,360
Dreyfus Treasury & Agency Cash Management, Institutional Shares, 0.86% (2)(d)		25,440		25,440
J.P. Morgan U.S. Treasury Plus Money Market Fund - IM Shares, 0.86% (2)(d)		180		180
Limited Purpose Cash Investment Fund, 0.81% (2)(d)		267		267
UBS Select Treasury Preferred Fund, Class I, 0.85% (2)(d)		31,800		31,800

TOTAL SHORT-TERM INVESTMENTS (Cost $64,047)				64,047

TOTAL LONG POSITIONS (Cost $3,734,680)				3,730,837


SHORT POSITIONS - (29.4)%
COMMON STOCKS - (29.4)%

Aerospace & Defense - (1.4)%
Aerojet Rocketdyne Holdings, Inc. *		(148)		(3,078)
Aerovironment, Inc. *		(383)		(14,631)
Axon Enterprise, Inc. *		(438)		(11,011)
KeyW Holding Corp. (The) *		(131)		(1,225)
Kratos Defense & Security Solutions, Inc. *		(27)		(321)
Mercury Systems, Inc. *		(261)		(10,985)

				(41,251)

Auto Components - (0.8)%
Gentherm, Inc. *		(59)		(2,289)
Motorcar Parts of America, Inc. *		(708)		(19,994)

				(22,283)

Beverages - (0.1)%
MGP Ingredients, Inc.		(45)		(2,303)


Biotechnology - (0.7)%
Adamas Pharmaceuticals, Inc. *		(264)		(4,617)
Agenus, Inc. *		(400)		(1,564)
Aimmune Therapeutics, Inc. *		(141)		(2,899)


INVESTMENTS	SHARES		VALUE ($)
Biotechnology - (0.7)%
Alder Biopharmaceuticals, Inc. *		(430)		(4,924)
Iovance Biotherapeutics, Inc. *		(107)		(787)
Minerva Neurosciences, Inc. *		(66)		(584)
Otonomy, Inc. *		(144)		(2,714)
Spark Therapeutics, Inc. *		(56)		(3,345)

				(21,434)

Building Products - (0.7)%
AAON, Inc.		(115)		(4,238)
Advanced Drainage Systems, Inc.		(206)		(4,141)
Builders FirstSource, Inc. *		(567)		(8,686)
PGT Innovations, Inc. *		(184)		(2,355)

				(19,420)

Capital Markets - (0.3)%
Financial Engines, Inc.		(217)		(7,942)


Chemicals - (1.1)%
Balchem Corp.		(194)		(15,076)
Flotek Industries, Inc. *		(1,028)		(9,190)
LSB Industries, Inc. *		(612)		(6,322)

				(30,588)

Commercial Services & Supplies - (1.7)%
Mobile Mini, Inc.		(634)		(18,925)
RR Donnelley & Sons Co.		(44)		(552)
Team, Inc. *		(1,193)		(27,976)

				(47,453)

Communications Equipment - (0.7)%
CalAmp Corp. *		(122)		(2,480)
Harmonic, Inc. *		(2,035)		(10,683)
Infinera Corp. *		(434)		(4,631)
NetScout Systems, Inc. *		(37)		(1,273)
ViaSat, Inc. *		(29)		(1,920)

				(20,987)

Construction & Engineering - (0.6)%
NV5 Global, Inc. *		(375)		(15,938)


Diversified Consumer Services - (0.6)%
Carriage Services, Inc.		(175)		(4,718)
Chegg, Inc. *		(942)		(11,577)

				(16,295)

Diversified Telecommunication Services - (0.1)%
Iridium Communications, Inc. *		(138)		(1,525)
ORBCOMM, Inc. *		(238)		(2,689)

				(4,214)

Electronic Equipment, Instruments & Components - (0.8)%
Knowles Corp. *		(277)		(4,687)
Mesa Laboratories, Inc.		(110)		(15,764)
OSI Systems, Inc. *		(32)		(2,405)

				(22,856)

Energy Equipment & Services - (0.8)%
Atwood Oceanics, Inc. *		(103)		(840)
Bristow Group, Inc.		(548)		(4,192)
Forum Energy Technologies, Inc. *		(44)		(686)
Frank’s International NV		(1,918)		(15,900)
Tesco Corp. *		(599)		(2,666)

				(24,284)


INVESTMENTS	SHARES		VALUE ($)
Equity Real Estate Investment Trusts (REITs) - (0.1)%
Preferred Apartment Communities, Inc., Class A		(213)		(3,355)


Food & Staples Retailing - (0.4)%
Smart & Final Stores, Inc. *		(1,146)		(10,429)


Food Products - (0.2)%
Freshpet, Inc. *		(281)		(4,665)


Health Care Equipment & Supplies - (1.0)%
AtriCure, Inc. *		(337)		(8,172)
Endologix, Inc. *		(2,977)		(14,468)
GenMark Diagnostics, Inc. *		(400)		(4,732)
Novocure Ltd. *		(103)		(1,782)

				(29,154)

Health Care Providers & Services - (1.8)%
AAC Holdings, Inc. *		(1,346)		(9,328)
BioScrip, Inc. *		(7,825)		(21,245)
Capital Senior Living Corp. *		(1,072)		(16,305)
Kindred Healthcare, Inc.		(86)		(1,002)
Teladoc, Inc. *		(66)		(2,290)

				(50,170)

Health Care Technology - (0.2)%
Evolent Health, Inc., Class A *		(196)		(4,969)


Hotels, Restaurants & Leisure - (1.1)%
Pinnacle Entertainment, Inc. *		(708)		(13,990)
Scientific Games Corp., Class A *		(438)		(11,432)
Shake Shack, Inc., Class A *		(133)		(4,639)

				(30,061)

Independent Power and Renewable Electricity Producers - (0.1)%
TerraForm Power, Inc., Class A *		(172)		(2,064)


Internet & Direct Marketing Retail - (0.2)%
Etsy, Inc. *		(439)		(6,585)


Internet Software & Services - (0.9)%
2U, Inc. *		(68)		(3,191)
Benefitfocus, Inc. *		(19)		(691)
Endurance International Group Holdings, Inc. *		(87)		(726)
Envestnet, Inc. *		(24)		(950)
Gogo, Inc. *		(757)		(8,728)
GTT Communications, Inc. *		(107)		(3,386)
Hortonworks, Inc. *		(662)		(8,527)

				(26,199)

IT Services - (0.6)%
Virtusa Corp. *		(625)		(18,375)


Life Sciences Tools & Services - (1.0)%
Accelerate Diagnostics, Inc. *		(240)		(6,564)
Albany Molecular Research, Inc. *		(330)		(7,161)
NeoGenomics, Inc. *		(1,122)		(10,053)
Pacific Biosciences of California, Inc. *		(1,083)		(3,856)

				(27,634)

Machinery - (0.3)%
Manitowoc Co., Inc. (The) *		(1,497)		(8,997)


Media - (1.3)%
EW Scripps Co. (The), Class A *		(297)		(5,289)
Global Eagle Entertainment, Inc. *		(6,507)		(23,165)
MDC Partners, Inc., Class A		(970)		(9,603)

				(38,057)


INVESTMENTS	SHARES		VALUE ($)
Metals & Mining - (1.0)%
Allegheny Technologies, Inc.		(934)		(15,887)
Century Aluminum Co. *		(348)		(5,422)
TimkenSteel Corp. *		(551)		(8,469)

				(29,778)

Oil, Gas & Consumable Fuels - (2.2)%
Ardmore Shipping Corp. (Ireland)		(591)		(4,817)
Callon Petroleum Co. *		(78)		(828)
Carrizo Oil & Gas, Inc. *		(39)		(679)
Clean Energy Fuels Corp. *		(1,399)		(3,553)
Delek US Holdings, Inc.		(94)		(2,485)
Denbury Resources, Inc. *		(689)		(1,054)
Dorian LPG Ltd. *		(1,758)		(14,380)
Matador Resources Co. *		(92)		(1,966)
Par Pacific Holdings, Inc. *		(743)		(13,404)
Ring Energy, Inc. *		(42)		(546)
Scorpio Tankers, Inc. (Monaco)		(2,848)		(11,307)
SRC Energy, Inc. *		(1,200)		(8,076)
Teekay Corp.		(170)		(1,134)

				(64,229)

Paper & Forest Products - (0.3)%
Deltic Timber Corp.		(108)		(8,063)


Pharmaceuticals - (2.3)%
Aclaris Therapeutics, Inc. *		(222)		(6,021)
Aerie Pharmaceuticals, Inc. *		(22)		(1,156)
Aratana Therapeutics, Inc. *		(992)		(7,172)
Collegium Pharmaceutical, Inc. *		(877)		(10,971)
Dermira, Inc. *		(358)		(10,432)
Medicines Co. (The) *		(39)		(1,482)
Paratek Pharmaceuticals, Inc. *		(255)		(6,146)
Revance Therapeutics, Inc. *		(506)		(13,358)
Teligent, Inc. *		(192)		(1,757)
Zogenix, Inc. *		(400)		(5,800)

				(64,295)

Professional Services - (0.6)%
Advisory Board Co. (The) *		(90)		(4,635)
Exponent, Inc.		(8)		(467)
Korn/Ferry International		(132)		(4,558)
TriNet Group, Inc. *		(72)		(2,357)
WageWorks, Inc. *		(72)		(4,838)

				(16,855)

Road & Rail - (0.1)%
Celadon Group, Inc.		(538)		(1,695)


Semiconductors & Semiconductor Equipment - (0.1)%
MACOM Technology Solutions Holdings, Inc. *		(77)		(4,294)


Software - (0.4)%
Callidus Software, Inc. *		(28)		(678)
Glu Mobile, Inc. *		(1,297)		(3,242)
Paylocity Holding Corp. *		(48)		(2,169)
PROS Holdings, Inc. *		(12)		(329)
Rapid7, Inc. *		(316)		(5,318)

				(11,736)


INVESTMENTS	SHARES		VALUE ($)
Specialty Retail - (0.4)%
Boot Barn Holdings, Inc. *		(85)		(602)
Conn’s, Inc. *		(48)		(917)
Lumber Liquidators Holdings, Inc. *		(249)		(6,240)
Party City Holdco, Inc. *		(76)		(1,189)
Tailored Brands, Inc.		(101)		(1,127)
Tile Shop Holdings, Inc.		(91)		(1,879)

				(11,954)

Textiles, Apparel & Luxury Goods - (1.4)%
G-III Apparel Group Ltd. *		(910)		(22,704)
Sequential Brands Group, Inc. *		(4,525)		(18,055)

				(40,759)

Thrifts & Mortgage Finance - (0.7)%
LendingTree, Inc. *		(49)		(8,438)
Ocwen Financial Corp. *		(2,573)		(6,921)
PHH Corp. *		(426)		(5,866)

				(21,225)

Trading Companies & Distributors - (0.3)%
Textainer Group Holdings Ltd. *		(550)		(7,975)


TOTAL COMMON STOCKS (Proceeds $(814,992))				(840,820)

TOTAL SHORT POSITIONS (Proceeds $(814,992))				(840,820)

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 101.2% (Cost $2,919,688)				2,890,017


LIABILITIES IN EXCESS OF OTHER ASSETS - (1.2)%				(33,165)

NET ASSETS - 100.0%				2,856,852


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	266,338		9.3	%
Consumer Staples		98,206		3.4
Energy		23,675		0.9
Exchange Traded Fund		32,130		1.1
Financials		613,878		21.5
Health Care		295,917		10.3
Industrials		498,211		17.4
Information Technology		607,083		21.3
Materials		201,532		7.1
Real Estate		109,080		3.8
Telecommunication Services		16,813		0.6
Utilities		63,107		2.2
Short-Term Investments		64,047		2.3

Total Investments In Securities At Value		2,890,017		101.2
Liabilities in Excess of Other Assets		(33,165)		(1.2)

Net Assets	$	2,856,852		100.0	%


INVESTMENTS	SHARES		VALUE ($)
LONG POSITIONS - 127.8%
COMMON STOCKS - 120.4%

Australia - 11.2%
AGL Energy Ltd.		718		14,070
Ansell Ltd.		1,406		25,640
Aristocrat Leisure Ltd.		2,257		39,129
Aurizon Holdings Ltd.		7,296		30,052
Australia & New Zealand Banking Group Ltd.		6,481		143,047
Bank of Queensland Ltd.		3,857		33,935
Bendigo & Adelaide Bank Ltd.		4,671		39,762
BHP Billiton Ltd.		2,032		36,218
BHP Billiton plc		1,617		24,774
Caltex Australia Ltd.		175		4,250
CIMIC Group Ltd.		1,999		59,646
Crown Resorts Ltd.		2,734		25,803
Dexus, REIT		2,387		17,379
Fortescue Metals Group Ltd.		16,681		66,776
Goodman Group, REIT		4,078		24,647
LendLease Group		1,198		15,333
Macquarie Group Ltd.		484		32,914
Mirvac Group, REIT		2,619		4,283
National Australia Bank Ltd.		1,796		40,856
Newcrest Mining Ltd.		2,607		40,460
Orica Ltd.		1,223		19,435
Origin Energy Ltd. *		2,997		15,802
Qantas Airways Ltd.		15,286		67,190
QBE Insurance Group Ltd.		5,183		47,043
Scentre Group, REIT		1,092		3,395
South32 Ltd.		63,611		131,007
Stockland, REIT		793		2,667
Suncorp Group Ltd.		2,397		27,302
Westfield Corp., REIT		408		2,516
Woolworths Ltd.		132		2,591

				1,037,922

Belgium - 1.5%
Ageas		64		2,577
bpost SA		594		14,347
Galapagos NV *(a)		751		57,411
KBC Group NV		148		11,221
Solvay SA		48		6,442
UCB SA		423		29,092
Umicore SA		247		17,182

				138,272

China - 0.5%
BOC Hong Kong Holdings Ltd.		500		2,393
Yangzijiang Shipbuilding Holdings Ltd.		53,700		46,404

				48,797

Denmark - 3.8%
AP Moller - Maersk A/S, Class B		2		4,027
Danske Bank A/S		638		24,546
Genmab A/S *		101		21,535
GN Store Nord A/S (a)		1,316		38,426
H Lundbeck A/S (a)		1,987		111,545
Novo Nordisk A/S, Class B		978		42,022
TDC A/S		4,542		26,413
Vestas Wind Systems A/S (a)		901		83,223

				351,737


INVESTMENTS	SHARES		VALUE ($)
Finland - 1.9%
Cargotec OYJ, Class B		107		6,788
Neste OYJ (a)		1,617		63,808
Orion OYJ, Class B		676		43,183
Outokumpu OYJ		322		2,570
Stora Enso OYJ, Class R		240		3,101
UPM-Kymmene OYJ		1,883		53,693

				173,143

France - 12.1%
Air France-KLM *(a)		4,383		62,566
Airbus SE		312		25,748
Arkema SA		146		15,592
Atos SE (a)		1,036		145,362
BioMerieux		55		11,910
BNP Paribas SA		806		58,026
Capgemini SE		51		5,269
Christian Dior SE		49		14,011
Cie de Saint-Gobain		475		25,367
Cie Generale des Etablissements Michelin		433		57,630
Cie Plastic Omnium SA		206		7,516
CNP Assurances		1,925		43,209
Credit Agricole SA		474		7,635
Eiffage SA		93		8,448
Faurecia		283		14,351
Gecina SA, REIT		17		2,668
Imerys SA		190		16,538
Ipsen SA (a)		469		64,177
Lagardere SCA		745		23,508
LVMH Moet Hennessy Louis Vuitton SE		20		5,001
Orange SA		149		2,371
Peugeot SA		5,830		116,190
Publicis Groupe SA		68		5,068
Rexel SA		637		10,410
Sanofi		1,224		117,284
Schneider Electric SE *		220		16,907
SCOR SE		65		2,582
SEB SA		264		47,385
Societe Generale SA		506		27,287
Sodexo SA		92		11,890
Teleperformance *(a)		245		31,414
Thales SA (a)		372		40,036
TOTAL SA		482		23,930
Ubisoft Entertainment SA *		456		25,888
Valeo SA		299		20,116

				1,113,290

Germany - 10.6%
Allianz SE (Registered) (a)		181		35,719
Aurubis AG		390		30,680
BASF SE		400		37,124
Bayer AG (Registered) (a)		286		37,069
Covestro AG (a)(b)		1,470		106,566
Deutsche Lufthansa AG (Registered) (a)		3,377		76,960
Deutsche Post AG (Registered)		606		22,748
Deutsche Wohnen AG		222		8,506
Evonik Industries AG		650		20,804
Fresenius SE & Co. KGaA		179		15,368
HeidelbergCement AG		51		4,944
Hella KGaA Hueck & Co.		161		7,940
HOCHTIEF AG		53		9,730


INVESTMENTS	SHARES		VALUE ($)
Germany - 10.6% (continued)
Infineon Technologies AG (a)		2,708		57,519
KION Group AG		115		8,797
LANXESS AG		165		12,514
Linde AG		82		15,609
MTU Aero Engines AG		144		20,345
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen (Registered)		130		26,306
OSRAM Licht AG		58		4,630
Rheinmetall AG (a)		547		52,065
RWE AG *(a)		2,774		55,413
Salzgitter AG		890		36,321
SAP SE		31		3,245
Siemens AG (Registered) (a)		397		54,609
Software AG (a)		667		29,255
Suedzucker AG (a)		3,193		66,661
Talanx AG		847		31,683
TUI AG		970		14,140
Uniper SE (a)		3,463		65,071
Vonovia SE		111		4,416
Wacker Chemie AG		23		2,503

				975,260

Hong Kong - 3.6%
Cheung Kong Property Holdings Ltd.		6,000		46,952
CLP Holdings Ltd.		500		5,287
Galaxy Entertainment Group Ltd.		2,000		12,139
Hang Lung Properties Ltd.		2,000		4,998
Henderson Land Development Co. Ltd.		1,100		6,134
Hong Kong Exchanges & Clearing Ltd.		700		18,084
Kerry Properties Ltd. (a)		12,500		42,442
Link REIT		500		3,804
New World Development Co. Ltd. (a)		38,000		48,169
Sino Land Co. Ltd.		6,000		9,830
SJM Holdings Ltd.		30,000		31,610
Sun Hung Kai Properties Ltd.		2,000		29,380
WH Group Ltd. (b)		7,500		7,573
Wharf Holdings Ltd. (The)		3,000		24,824
Wheelock & Co. Ltd.		3,000		22,628
Yue Yuen Industrial Holdings Ltd.		3,500		14,516

				328,370

Italy - 3.8%
A2A SpA		24,001		39,908
Assicurazioni Generali SpA		575		9,491
Autogrill SpA		3,193		38,703
BPER Banca		2,974		14,896
Enel SpA (a)		9,101		48,813
Eni SpA		936		14,066
Ferrari NV		43		3,700
Hera SpA		1,057		3,232
Intesa Sanpaolo SpA		6,390		20,325
Leonardo SpA		2,892		48,151
Luxottica Group SpA		56		3,260
Mediobanca SpA		2,299		22,744
Moncler SpA		1,955		45,861
Recordati SpA		518		21,006
Telecom Italia SpA *		6,601		6,107
Unipol Gruppo Finanziario SpA		2,795		12,263

				352,526


INVESTMENTS	SHARES		VALUE ($)
Japan - 27.6%
Advantest Corp.		600		10,285
Amada Holdings Co. Ltd.		1,100		12,760
Aozora Bank Ltd.		6,000		22,907
Asahi Glass Co. Ltd.		200		8,446
Asahi Group Holdings Ltd.		300		11,298
Asahi Kasei Corp.		1,000		10,788
Astellas Pharma, Inc. (a)		6,000		73,540
Bandai Namco Holdings, Inc.		600		20,500
Bridgestone Corp.		300		12,969
Brother Industries Ltd. (a)		1,900		44,010
Chubu Electric Power Co., Inc.		900		11,969
Citizen Watch Co. Ltd.		4,100		28,849
Daicel Corp.		1,000		12,499
Daiichi Sankyo Co. Ltd.		300		7,081
Daikin Industries Ltd.		100		10,259
Daiwa House Industry Co. Ltd.		100		3,422
Daiwa House REIT Investment Corp.		1		2,374
DeNA Co. Ltd.		1,200		26,970
Denso Corp.		100		4,244
Ezaki Glico Co. Ltd.		200		10,769
Fuji Electric Co. Ltd.		1,000		5,289
FUJIFILM Holdings Corp.		200		7,211
Fujitsu Ltd. (a)		9,000		66,566
GungHo Online Entertainment, Inc.		7,200		18,542
Gunma Bank Ltd. (The)		3,700		22,280
Haseko Corp. (a)		3,500		42,621
Hikari Tsushin, Inc.		100		10,536
Hitachi Chemical Co. Ltd. (a)		1,000		29,981
Hitachi Construction Machinery Co. Ltd.		100		2,516
Hitachi High-Technologies Corp. (a)		1,000		38,943
Hitachi Ltd.		7,000		43,160
Hitachi Metals Ltd.		300		4,186
Hoya Corp.		100		5,206
Idemitsu Kosan Co. Ltd.		400		11,379
Isuzu Motors Ltd.		500		6,209
ITOCHU Corp.		1,200		17,867
Itochu Techno-Solutions Corp. (a)		900		31,561
Japan Airlines Co. Ltd.		1,600		49,561
Japan Tobacco, Inc.		100		3,515
JTEKT Corp.		200		2,943
Kajima Corp. (a)		5,000		42,258
Kamigumi Co. Ltd.		2,000		21,024
Kao Corp.		300		17,837
Kirin Holdings Co. Ltd.		200		4,080
Komatsu Ltd.		400		10,267
Konami Holdings Corp.		300		16,700
Konica Minolta, Inc.		1,700		14,183
Kuraray Co. Ltd.		100		1,821
Kyushu Financial Group, Inc.		2,200		13,940
Lion Corp.		1,000		20,742
Marubeni Corp.		1,200		7,774
Matsumotokiyoshi Holdings Co. Ltd.		500		28,482
Mazda Motor Corp.		1,500		21,073
Mebuki Financial Group, Inc.		6,500		24,269
Medipal Holdings Corp.		300		5,563
Mitsubishi Chemical Holdings Corp.		600		4,999
Mitsubishi Corp.		1,900		39,940
Mitsubishi Electric Corp.		1,800		26,033
Mitsubishi Estate Co. Ltd.		500		9,346


INVESTMENTS	SHARES		VALUE ($)
Japan - 27.6% (continued)
Mitsubishi Gas Chemical Co., Inc. (a)		2,100		44,603
Mitsubishi UFJ Financial Group, Inc. (a)		6,600		44,517
Mitsubishi UFJ Lease & Finance Co. Ltd.		1,700		9,327
Mitsui & Co. Ltd.		200		2,863
Mitsui Chemicals, Inc.		4,000		21,301
Mitsui Fudosan Co. Ltd.		400		9,583
Mitsui OSK Lines Ltd.		1,000		2,953
Mixi, Inc.		300		16,695
Mizuho Financial Group, Inc. (a)		26,200		48,037
MS&AD Insurance Group Holdings, Inc. (a)		1,600		53,966
Nabtesco Corp.		100		2,916
Nexon Co. Ltd.		300		5,951
NH Foods Ltd. (a)		2,000		60,840
NHK Spring Co. Ltd.		1,700		17,949
Nikon Corp.		900		14,426
Nippon Express Co. Ltd. (a)		6,000		37,651
Nippon Shinyaku Co. Ltd.		100		6,401
Nippon Telegraph & Telephone Corp.		600		28,322
Nomura Holdings, Inc.		4,100		24,725
Nomura Real Estate Master Fund, Inc., REIT		2		2,733
NSK Ltd.		300		3,775
NTT DOCOMO, Inc.		900		21,286
Obayashi Corp.		1,700		20,030
ORIX Corp.		1,200		18,672
Panasonic Corp.		1,500		20,438
Park24 Co. Ltd.		300		7,634
Persol Holdings Co. Ltd.		100		1,879
Resona Holdings, Inc. (a)		14,200		78,438
Rohm Co. Ltd.		100		7,710
Sega Sammy Holdings, Inc.		1,700		22,920
Seiko Epson Corp.		1,500		33,469
Sekisui Chemical Co. Ltd.		500		8,972
Seven & i Holdings Co. Ltd.		700		28,885
Shimamura Co. Ltd. (a)		300		36,778
Shimizu Corp.		1,000		10,626
Shin-Etsu Chemical Co. Ltd.		200		18,203
Shinsei Bank Ltd. (a)		18,000		31,532
Shionogi & Co. Ltd.		300		16,727
SoftBank Group Corp. (a)		400		32,516
Sojitz Corp.		6,300		15,509
Sompo Holdings, Inc. (a)		1,500		58,222
Sony Corp.		200		7,629
Square Enix Holdings Co. Ltd.		300		9,832
Subaru Corp. (a)		900		30,517
Sumco Corp.		200		2,907
Sumitomo Corp.		600		7,824
Sumitomo Dainippon Pharma Co. Ltd.		1,500		20,475
Sumitomo Electric Industries Ltd.		500		7,735
Sumitomo Heavy Industries Ltd. (a)		5,000		33,178
Sumitomo Mitsui Financial Group, Inc. (a)		1,500		58,567
Sumitomo Mitsui Trust Holdings, Inc.		700		25,143
Sumitomo Rubber Industries Ltd.		400		6,774
Suzuki Motor Corp.		500		23,819
Taiheiyo Cement Corp.		2,000		7,314
Taisei Corp. (a)		5,000		45,733
TDK Corp.		100		6,610
Teijin Ltd.		300		5,789
THK Co. Ltd.		500		14,250
Tokio Marine Holdings, Inc.		300		12,484


INVESTMENTS	SHARES		VALUE ($)
Japan - 27.6% (continued)
Tokyo Electron Ltd.		200		27,039
Tosoh Corp.		4,000		41,225
Toyo Seikan Group Holdings Ltd.		200		3,386
Toyo Suisan Kaisha Ltd.		300		11,510
Toyoda Gosei Co. Ltd.		100		2,396
Toyota Boshoku Corp.		1,200		22,604
Toyota Motor Corp. (a)		600		31,538
Toyota Tsusho Corp.		100		3,007
Welcia Holdings Co. Ltd.		100		3,702
Yamada Denki Co. Ltd.		500		2,486
Yamaha Corp.		100		3,462
Yamato Holdings Co. Ltd.		300		6,095
Yokogawa Electric Corp.		700		11,265

				2,542,617

Luxembourg - 0.5%
APERAM SA		370		17,181
ArcelorMittal *		1,253		28,422

				45,603

Macau - 0.0% (c)
MGM China Holdings Ltd.		1,200		2,669


Malta - 0.0% (c)
Kindred Group plc, SDR		376		4,257


Netherlands - 5.2%
ABN AMRO Group NV, CVA (a)(b)		2,362		62,574
Aegon NV		1,594		8,158
Akzo Nobel NV		97		8,436
ASM International NV		747		43,441
ASML Holding NV		181		23,594
ASR Nederland NV		370		12,481
Gemalto NV		63		3,779
ING Groep NV		2,408		41,569
Koninklijke Ahold Delhaize NV		256		4,886
Koninklijke DSM NV		258		18,765
Koninklijke Philips NV (a)		2,273		80,916
NN Group NV		626		22,212
Philips Lighting NV (b)		505		18,653
Randstad Holding NV		644		37,546
Royal Dutch Shell plc, Class B		2,324		62,391
Wolters Kluwer NV		806		34,088

				483,489

Norway - 0.5%
DNB ASA		686		11,679
Leroy Seafood Group ASA		2,010		10,916
Marine Harvest ASA *		169		2,891
Norsk Hydro ASA		1,207		6,680
Salmar ASA		671		16,632

				48,798


Portugal - 0.3%
Galp Energia SGPS SA		1,641		24,867


Singapore - 0.6%
City Developments Ltd.		400		3,116
DBS Group Holdings Ltd.		200		3,010
Genting Singapore plc		49,000		38,606
Wilmar International Ltd.		2,700		6,567

				51,299


INVESTMENTS	SHARES		VALUE ($)
South Africa - 0.7%
Investec plc		2,963		22,140
Mondi plc		1,705		44,708

				66,848

Spain - 4.1%
ACS Actividades de Construccion y Servicios SA		407		15,736
Aena SA (b)		198		38,664
Banco Bilbao Vizcaya Argentaria SA		2,952		24,590
Banco de Sabadell SA		3,050		6,205
Banco Santander SA (a)		12,057		80,057
Bankinter SA		467		4,308
CaixaBank SA		3,527		16,861
Distribuidora Internacional de Alimentacion SA		423		2,640
Endesa SA (a)		1,747		40,301
Grifols SA		498		13,885
Mapfre SA		11,864		41,527
Melia Hotels International SA		300		4,493
Repsol SA		3,739		57,323
Tecnicas Reunidas SA		602		23,327
Telefonica SA		663		6,863

				376,780

Sweden - 2.1%
BillerudKorsnas AB		888		14,034
Boliden AB		1,055		28,838
Electrolux AB, Series B		677		22,200
Essity AB, Class B *		229		6,266
Holmen AB, Class B		40		1,736
Investor AB, Class B		109		5,259
NCC AB, Class B		376		10,591
Nordea Bank AB		718		9,145
Saab AB, Class B		549		27,133
Sandvik AB		710		11,178
Skanska AB, Class B		512		12,158
Svenska Cellulosa AB SCA, Class B		229		1,732
Swedbank AB, Class A		919		22,429
Swedish Match AB		261		9,195
Swedish Orphan Biovitrum AB *		317		4,897
Volvo AB, Class B		338		5,764

				192,555

Switzerland - 11.8%
ABB Ltd. (Registered) (a)		2,223		55,177
Adecco Group AG (Registered) (a)		1,133		86,314
Baloise Holding AG (Registered)		58		8,984
Bucher Industries AG (Registered)		34		10,697
Coca-Cola HBC AG *		1,707		50,201
DKSH Holding AG		47		3,821
Dufry AG (Registered) *		182		29,868
Geberit AG (Registered)		23		10,740
Georg Fischer AG (Registered)		20		19,400
Glencore plc *		5,297		19,849
Idorsia Ltd. *		33		623
LafargeHolcim Ltd. (Registered) *		476		27,357
Lonza Group AG (Registered) *(a)		153		33,142
Nestle SA (Registered) (a)		600		52,331
Novartis AG (Registered) (a)		801		66,905


INVESTMENTS	SHARES		VALUE ($)
Switzerland - 11.8% (continued)
Partners Group Holding AG		40		24,836
Roche Holding AG (a)		481		122,903
Sika AG		4		25,681
STMicroelectronics NV (a)		5,638		81,212
Straumann Holding AG (Registered)		43		24,487
Sulzer AG (Registered)		23		2,609
Sunrise Communications Group AG *(b)		83		6,544
Swiss Life Holding AG (Registered) *		199		67,316
Swiss Re AG (a)		531		48,662
Temenos Group AG (Registered)		909		81,322
UBS Group AG (Registered) *(a)		2,254		38,331
Wolseley plc		189		11,600
Zurich Insurance Group AG (a)		261		76,173

				1,087,085

United Kingdom - 18.0%
Aberdeen Asset Management plc		582		2,291
Amec Foster Wheeler plc		812		4,946
Anglo American plc *		1,003		13,400
Ashtead Group plc		3,836		79,377
ASOS plc *		149		11,153
AstraZeneca plc		193		12,928
BAE Systems plc		750		6,191
Barclays plc		21,984		58,143
Barratt Developments plc		8,876		65,188
BBA Aviation plc		4,403		17,627
Bellway plc		238		9,236
Berkeley Group Holdings plc		100		4,205
BP plc		5,050		29,149
British Land Co. plc (The), REIT		322		2,542
BT Group plc		10,463		40,233
Bunzl plc		291		8,675
Burberry Group plc		1,913		41,395
Centrica plc		5,172		13,485
Close Brothers Group plc		1,377		27,085
Compass Group plc		1,163		24,558
Diageo plc		116		3,428
Dialog Semiconductor plc *(a)		1,484		63,404
Dixons Carphone plc		10,658		39,399
DS Smith plc		1,019		6,289
Fiat Chrysler Automobiles NV *		5,825		61,539
G4S plc		912		3,879
GKN plc		6,049		25,694
GlaxoSmithKline plc		3,033		64,564
Hammerson plc, REIT		643		4,811
Hays plc		11,304		24,440
Howden Joinery Group plc		883		4,684
HSBC Holdings plc		9,446		87,677
Inchcape plc		357		3,509
Indivior plc *		17,289		70,399
InterContinental Hotels Group plc		131		7,275
Intermediate Capital Group plc		3,070		33,292
International Consolidated Airlines Group SA		1,548		12,306
JD Sports Fashion plc		2,447		11,146
Jupiter Fund Management plc		615		4,045
Kingfisher plc		2,965		11,614
Land Securities Group plc, REIT		268		3,538
Lloyds Banking Group plc		39,528		34,064


INVESTMENTS	SHARES		VALUE ($)
United Kingdom - 18.0% (continued)
London Stock Exchange Group plc		136		6,469
Man Group plc		1,293		2,609
Marks & Spencer Group plc		544		2,361
Moneysupermarket.com Group plc		5,624		25,904
Persimmon plc		2,009		58,676
Playtech plc		1,272		15,757
Reckitt Benckiser Group plc		276		27,979
RELX plc		672		14,527
Rio Tinto Ltd.		102		4,957
Rio Tinto plc		695		29,434
Rolls-Royce Holdings plc *		381		4,419
Royal Mail plc		9,515		52,196
Segro plc, REIT		3,096		19,733
Sky plc		248		3,212
Spectris plc		665		21,863
Standard Chartered plc *		1,411		14,291
Subsea 7 SA		1,613		21,749
Tate & Lyle plc		5,860		50,504
Taylor Wimpey plc		27,495		63,141
UBM plc		333		2,993
Unilever plc		802		43,403
Weir Group plc (The)		567		12,797
WH Smith plc		609		13,594
William Hill plc		4,507		14,937
Wm Morrison Supermarkets plc		12,434		39,053
WPP plc		1,958		41,229

				1,660,590

TOTAL COMMON STOCKS (Cost $10,332,345)				11,106,774


EXCHANGE TRADED FUND - 6.2%

United States - 6.2%
iShares MSCI EAFE Fund (Cost $565,260) (1)		8,676		565,675


SHORT-TERM INVESTMENTS - 1.2%

Investment Companies - 1.2%
BlackRock Liquidity Funds T-Fund Portfolio, Institutional Shares, 0.84% (d)		1,857		1,857
Dreyfus Treasury & Agency Cash Management, Institutional Shares, 0.86% (d)		7,426		7,426
J.P. Morgan U.S. Treasury Plus Money Market Fund - IM Shares, 0.86% (d)		37,593		37,593
Limited Purpose Cash Investment Fund, 0.81% (d)		56,383		56,377
UBS Select Treasury Preferred Fund, Class I, 0.85% (d)		9,283		9,283

TOTAL SHORT-TERM INVESTMENTS (Cost $112,536)				112,536

TOTAL LONG POSITIONS (Cost $11,010,141)				11,784,985


SHORT POSITIONS - (27.5)%

COMMON STOCKS - (27.5)%

Australia - (4.8)%
Alumina Ltd.		(2,273)		(3,348)
AMP Ltd.		(15,968)		(63,716)
Brambles Ltd.		(2,791)		(20,870)


INVESTMENTS	SHARES		VALUE ($)
Australia - (4.8)% (continued)
Domino’s Pizza Enterprises Ltd.		(1,107)		(44,297)
Healthscope Ltd.		(14,465)		(24,583)
Iluka Resources Ltd.		(11,263)		(75,121)
Incitec Pivot Ltd.		(2,441)		(6,403)
Magellan Financial Group Ltd.		(2,255)		(49,988)
Medibank Pvt Ltd.		(7,013)		(15,100)
Oil Search Ltd.		(9,830)		(51,476)
Platinum Asset Management Ltd.		(4,296)		(15,283)
REA Group Ltd.		(182)		(9,286)
Santos Ltd. *		(7,854)		(18,267)
SEEK Ltd.		(391)		(5,081)
Sydney Airport		(455)		(2,479)
TPG Telecom Ltd.		(6,217)		(27,237)
Vocus Group Ltd.		(2,367)		(6,129)

				(438,664)


Austria - (0.1)%
ams AG *		(94)		(6,100)


Chile - 0.0%(c)
Antofagasta plc		(260)		(2,712)


Denmark - (1.5)%
Chr Hansen Holding A/S		(306)		(22,254)
DONG Energy A/S (b)		(154)		(6,951)
Nets A/S *(b)		(268)		(5,330)
Novozymes A/S, Class B		(1,453)		(63,567)
Pandora A/S		(449)		(41,903)

				(140,005)

Finland - (0.5)%
Amer Sports OYJ *		(1,035)		(25,887)
Huhtamaki OYJ		(120)		(4,726)
Nokia OYJ		(1,749)		(10,724)

				(41,337)

France - (2.6)%
Accor SA		(437)		(20,499)
Bollore SA		(5,933)		(26,976)
Casino Guichard Perrachon SA		(89)		(5,271)
Edenred		(1,196)		(31,198)
Electricite de France SA		(3,311)		(35,875)
Groupe Eurotunnel SE (Registered)		(3,796)		(40,502)
Ingenico Group SA		(221)		(20,042)
JCDecaux SA		(149)		(4,885)
SFR Group SA *		(1,553)		(52,488)

				(237,736)

Germany - (1.9)%
Bayerische Motoren Werke AG		(27)		(2,511)
Bilfinger SE		(171)		(6,712)
Commerzbank AG *		(941)		(11,236)
Fielmann AG		(162)		(12,503)
GEA Group AG		(484)		(19,874)
ProSiebenSat.1 Media SE		(297)		(12,459)
Sartorius AG (Preference)		(481)		(46,511)
Symrise AG		(128)		(9,082)
Telefonica Deutschland Holding AG		(1,704)		(8,522)
thyssenkrupp AG		(99)		(2,821)
United Internet AG (Registered)		(440)		(24,215)


INVESTMENTS	SHARES		VALUE ($)
Germany - (1.9)% (continued)
Volkswagen AG (Preference)		(66)		(10,082)
Zalando SE *(b)		(99)		(4,527)

				(171,055)

Italy - (1.9)%
Azimut Holding SpA		(1,001)		(20,138)
Banca Generali SpA		(1,117)		(33,331)
Banco BPM SpA *		(9,744)		(32,725)
FinecoBank Banca Fineco SpA		(1,134)		(8,939)
Mediaset SpA *		(667)		(2,628)
Saipem SpA *		(7,859)		(29,103)
Snam SpA		(1,139)		(4,971)
UniCredit SpA *		(1,879)		(35,196)
Yoox Net-A-Porter Group SpA *		(421)		(11,666)

				(178,697)

Japan - (6.0)%
Acom Co. Ltd. *		(7,600)		(34,787)
AEON Financial Service Co. Ltd.		(800)		(16,978)
Alps Electric Co. Ltd.		(200)		(5,810)
Asics Corp.		(700)		(13,009)
Bank of Kyoto Ltd. (The)		(3,000)		(28,428)
Calbee, Inc.		(1,400)		(55,066)
Chugai Pharmaceutical Co. Ltd.		(100)		(3,747)
Chugoku Electric Power Co., Inc. (The)		(2,200)		(24,291)
Don Quijote Holdings Co. Ltd.		(400)		(15,198)
Electric Power Development Co. Ltd.		(400)		(9,907)
FamilyMart UNY Holdings Co. Ltd.		(300)		(17,180)
Hamamatsu Photonics KK		(100)		(3,082)
Hokuriku Electric Power Co.		(5,000)		(45,136)
Japan Airport Terminal Co. Ltd.		(200)		(7,678)
Kakaku.com, Inc.		(600)		(8,625)
Kobe Steel Ltd. *		(600)		(6,187)
Marui Group Co. Ltd.		(400)		(5,910)
Mitsubishi Motors Corp.		(2,200)		(14,549)
Nankai Electric Railway Co. Ltd.		(1,000)		(5,179)
NGK Spark Plug Co. Ltd.		(2,600)		(55,693)
Nippon Paint Holdings Co. Ltd.		(600)		(22,827)
Nippon Yusen KK *		(2,000)		(3,739)
Odakyu Electric Railway Co. Ltd.		(500)		(10,105)
Orient Corp.		(5,600)		(9,782)
Ricoh Co. Ltd.		(1,200)		(10,630)
Santen Pharmaceutical Co. Ltd.		(300)		(4,075)
Seibu Holdings, Inc.		(200)		(3,706)
Seven Bank Ltd.		(14,700)		(52,706)
Shikoku Electric Power Co., Inc.		(1,300)		(15,346)
Sony Financial Holdings, Inc.		(2,100)		(35,914)
Sosei Group Corp. *		(100)		(11,000)

				(556,270)


Jordan - (0.5)%
Hikma Pharmaceuticals plc		(2,160)		(41,367)


Luxembourg - (1.1)%
Millicom International Cellular SA, SDR		(102)		(6,033)
Tenaris SA		(6,344)		(99,054)

				(105,087)


INVESTMENTS	SHARES		VALUE ($)
Netherlands - (1.0)%
Altice NV, Class A *		(3,058)		(70,454)
OCI NV *		(1,034)		(22,768)
SBM Offshore NV		(199)		(3,188)

				(96,410)

Norway - (0.7)%
Schibsted ASA, Class A		(2,411)		(58,233)
Yara International ASA		(157)		(5,903)

				(64,136)

Portugal - (0.2)%
Banco Comercial Portugues SA, Class R *		(53,726)		(14,457)


Singapore - (0.1)%
CapitaLand Ltd.		(2,300)		(5,844)
Keppel Corp. Ltd.		(1,000)		(4,567)

				(10,411)

South Africa - (0.2)%
Mediclinic International plc		(2,268)		(21,938)


Spain - (0.8)%
Cellnex Telecom SA (b)		(3,623)		(74,875)


Switzerland - (1.6)%
Aryzta AG *		(427)		(14,082)
Chocoladefabriken Lindt & Spruengli AG		(4)		(23,190)
Credit Suisse Group AG (Registered) *		(1,907)		(27,749)
Vifor Pharma AG		(743)		(82,070)

				(147,091)

United Kingdom - (1.9)%
AA plc		(3,230)		(9,598)
Aggreko plc		(281)		(3,366)
BTG plc *		(832)		(7,562)
Capita plc		(1,747)		(15,743)
Cobham plc		(9,378)		(15,837)
easyJet plc		(888)		(15,731)
Essentra plc		(2,856)		(21,000)
Hargreaves Lansdown plc		(367)		(6,223)
Inmarsat plc		(1,125)		(11,283)
John Wood Group plc		(5,304)		(44,316)
Just Eat plc *		(1,301)		(11,105)
Pennon Group plc		(297)		(3,192)
Petrofac Ltd.		(2,471)		(14,208)

				(179,164)

United States - (0.1)%
QIAGEN NV *		(200)		(6,655)

TOTAL COMMON STOCKS (Proceeds $(2,402,473))				(2,534,167)

TOTAL SHORT POSITIONS (Proceeds $(2,402,473))				(2,534,167)

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 100.3% (Cost $8,607,668)				9,250,818

LIABILITIES IN EXCESS OF OTHER ASSETS - (0.3)%				(26,643)

NET ASSETS - 100.0%				9,224,175


SECTOR	VALUE			% OF NET ASSETS
Consumer Discretionary	$	1,110,428			12.0	%
Consumer Staples		492,321			5.3
Energy		92,406			1.0
Exchange Traded Fund		565,675			6.2
Financials		1,698,670			18.5
Health Care		935,887			10.1
Industrials		1,775,262			19.3
Information Technology		989,606			10.7
Materials		956,761			10.4
Real Estate		380,326			4.1
Telecommunication Services		(15,910	)		(0.2	)
Utilities		156,850			1.7
Short-Term Investments		112,536			1.2

Total Investments In Securities At Value		9,250,818			100.3
Liabilities in Excess of Other Assets		(26,643	)		(0.3)

Net Assets	$	9,224,175			100.0	%

*	Non-income producing security.

(a)	All or a portion of this security is segregated in connection with obligations for securities sold short with a total value of $3,169,994.

(b)

Securities exempt from registration under Rule 144A or section 4(2), of the Securities Act of 1933. Under procedures approved by the Board of Trustees, such securities have been determined to be liquid by the investment adviser and may be resold, normally to qualified institutional buyers in transactions exempt from registration. Total value of all such securities at 6/30/2017 amounted to $148,891, which represents approximately 1.61% of net assets of the fund.

(c)	Represents less than 0.05% of net assets.

(d)	Represents 7-day effective yield as of 6/30/2017.

All securities are Level 2 with respect to ASC 820, unless otherwise noted in parentheses.

(1)	Level 1 security (See Note 4).

Abbreviations

CVA - Dutch Certification

OYJ - Public Traded Company

REIT - Real Estate Investment Trust

SCA - Limited partnership with share capital

SDR - Swedish Depositary Receipt


INVESTMENTS	SHARES		VALUE ($)
COMMON STOCKS - 75.3%

Brazil - 7.5%
Ambev SA, ADR (1)		5,466		30,008
Banco Bradesco SA, ADR (1)*		4,067		34,570
Banco do Brasil SA (1)*		3,700		29,954
Banco Santander Brasil SA, ADR (1)		3,211		24,179
BR Malls Participacoes SA (1)		600		2,162
Braskem SA (Preference), Class A (1)		3,100		32,114
Centrais Eletricas Brasileiras SA (1)*		6,000		22,603
Cia de Saneamento Basico do Estado de Sao Paulo, ADR (1)*		1,488		14,166
Cosan SA Industria e Comercio (1)		600		6,247
Hypermarcas SA (1)		1,900		15,892
Itau Unibanco Holding SA, ADR (1)		2,141		23,658
Itausa - Investimentos Itau SA (Preference) (1)		22,000		59,899
M Dias Branco SA (1)*		3,600		53,844
Petroleo Brasileiro SA (Preference) (1)*		700		2,626
Qualicorp SA (1)		600		5,225
Sul America SA (1)		6,940		37,183
TIM Participacoes SA, ADR (1)		126		1,865
Vale SA (Preference) (1)*		13,300		108,154
WEG SA (1)		1,900		10,163

				514,512

Chile - 1.6%
Banco de Chile, ADR (1)		510		39,745
Banco Santander Chile, ADR (1)		415		10,545
Enel Americas SA, ADR (1)		4,891		46,122
Enel Chile SA, ADR (1)		398		2,189
Latam Airlines Group SA, ADR (1)		715		7,915

				106,516

China - 5.7%
Alibaba Group Holding Ltd., ADR (1)*		1,554		218,958
Baidu, Inc., ADR (1)*		352		62,959
Ctrip.com International Ltd., ADR (1)*		487		26,230
JD.com, Inc., ADR (1)*		786		30,827
NetEase, Inc., ADR (1)		91		27,357
New Oriental Education & Technology Group, Inc., ADR (1)*		115		8,106
SINA Corp. (1)*		76		6,458
TAL Education Group, ADR (1)		60		7,339
Vipshop Holdings Ltd., ADR (1)*		351		3,703
Weibo Corp., ADR (1)*		8		505

				392,442

Hungary - 0.1%
MOL Hungarian Oil & Gas plc		70		5,498
OTP Bank plc		84		2,811

				8,309

India - 4.8%
Dr Reddy’s Laboratories Ltd., ADR (1)		878		36,999
ICICI Bank Ltd., ADR (1)		7,387		66,257
Infosys Ltd., ADR (1)		7,195		108,069
Tata Motors Ltd., ADR (1)		1,729		57,074
Wipro Ltd., ADR (1)		10,982		57,106

				325,505


INVESTMENTS	SHARES		VALUE ($)
Indonesia - 2.7%
Adaro Energy Tbk. PT		357,400		42,284
Bank Central Asia Tbk. PT		3,500		4,774
Bank Negara Indonesia Persero Tbk. PT		62,300		30,633
Bank Rakyat Indonesia Persero Tbk. PT		20,400		23,277
Gudang Garam Tbk. PT *		500		2,940
Surya Citra Media Tbk. PT		12,000		2,332
Telekomunikasi Indonesia Persero Tbk. PT		66,400		22,549
United Tractors Tbk. PT		27,700		57,012

				185,801

Mexico - 0.1%
Grupo Aeroportuario del Sureste SAB de CV, ADR (1)		42		8,837


Peru - 0.2%
Credicorp Ltd. (1)		16		2,870
Southern Copper Corp. (1)		245		8,485

				11,355

Philippines - 0.6%
Ayala Corp.		180		3,034
Ayala Land, Inc.		2,600		2,048
Bank of the Philippine Islands		1,980		4,082
BDO Unibank, Inc.		2,370		5,826
Globe Telecom, Inc.		50		2,030
International Container Terminal Services, Inc.		1,560		3,022
JG Summit Holdings, Inc. *		1,640		2,632
Jollibee Foods Corp.		550		2,222
Metro Pacific Investments Corp.		34,000		4,304
Metropolitan Bank & Trust Co.		2,730		4,730
Security Bank Corp.		530		2,279
SM Investments Corp.		510		8,108

				44,317

Poland - 1.8%
Jastrzebska Spolka Weglowa SA *		532		10,619
KGHM Polska Miedz SA		438		13,065
PGE Polska Grupa Energetyczna SA		11,288		36,881
Polski Koncern Naftowy ORLEN SA		853		25,766
Powszechna Kasa Oszczednosci Bank Polski SA *		3,351		31,155
Tauron Polska Energia SA *		4,385		4,236

				121,722

Romania - 0.0% (a)
New Europe Property Investments plc		246		3,111


Russia - 0.7%
Mobile TeleSystems PJSC, ADR (1)		5,469		45,830


South Africa - 7.1%
Anglo American Platinum Ltd. *		209		4,788
AngloGold Ashanti Ltd., ADR (1)		1,324		12,869
Barclays Africa Group Ltd.		2,986		32,832
Bid Corp. Ltd.		285		6,510
Brait SE *		1,305		6,034
Exxaro Resources Ltd.		2,570		18,259
Fortress Income Fund Ltd., REIT		2,271		6,026
Foschini Group Ltd. (The)		3,322		34,861


INVESTMENTS	SHARES		VALUE ($)
South Africa - 7.1% (continued)
Growthpoint Properties Ltd., REIT		4,750		8,886
Imperial Holdings Ltd.		2,940		36,098
Investec Ltd.		2,377		17,520
Massmart Holdings Ltd.		901		7,275
MMI Holdings Ltd.		6,596		10,204
Mondi Ltd.		725		18,776
Naspers Ltd., Class N		380		74,834
Nedbank Group Ltd.		174		2,778
Redefine Properties Ltd., REIT		11,645		9,365
Remgro Ltd.		453		7,390
Resilient REIT Ltd.		609		5,671
RMB Holdings Ltd.		7,842		35,231
Sappi Ltd.		1,206		8,026
Shoprite Holdings Ltd.		1,653		25,206
Standard Bank Group Ltd.		4,809		52,960
Telkom SA SOC Ltd.		6,891		32,415
Tiger Brands Ltd.		274		7,704

				482,518

South Korea - 29.2%
BNK Financial Group, Inc.		1,200		11,474
Daelim Industrial Co. Ltd.		329		25,603
DGB Financial Group, Inc.		198		2,041
Doosan Heavy Industries & Construction Co. Ltd.		2,839		52,007
Hana Financial Group, Inc.		689		27,210
Hanon Systems		760		6,845
Hanwha Chemical Corp.		3,049		80,459
Hanwha Corp.		573		23,746
Hanwha Life Insurance Co. Ltd.		521		3,168
Hyosung Corp.		400		58,576
Hyundai Department Store Co. Ltd.		130		12,557
Hyundai Development Co.-Engineering & Construction		1,552		63,743
Hyundai Engineering & Construction Co. Ltd.		928		37,386
Hyundai Glovis Co. Ltd.		41		5,626
Hyundai Marine & Fire Insurance Co. Ltd.		2,102		72,298
Hyundai Mobis Co. Ltd.		180		39,350
Industrial Bank of Korea		1,723		21,444
Kakao Corp.		22		1,952
KB Financial Group, Inc.		1,012		51,096
KCC Corp.		8		3,054
Kia Motors Corp.		1,003		33,496
Korea Electric Power Corp.		525		18,721
KT Corp., ADR (1)		273		4,543
KT&G Corp.		112		11,457
LG Corp.		269		18,186
LG Display Co. Ltd.		1,901		61,482
LG Innotek Co. Ltd.		271		39,096
LG Uplus Corp.		3,026		41,268
Lotte Chemical Corp.		296		89,089
NCSoft Corp.		104		34,496
POSCO		99		24,799
Posco Daewoo Corp.		1,985		38,702
Samsung Card Co. Ltd.		655		22,380
Samsung Electronics Co. Ltd.		214		445,724
Shinhan Financial Group Co. Ltd.		271		11,692
SK Hynix, Inc.		4,542		267,432


INVESTMENTS	SHARES		VALUE ($)
South Korea - 29.2% (continued)
SK Innovation Co. Ltd.		574		79,497
SK Networks Co. Ltd.		1,551		8,474
SK Telecom Co. Ltd.		614		142,773
Woori Bank		228		3,673

				1,996,615

Taiwan - 13.0%
AU Optronics Corp.		44,000		20,083
China Life Insurance Co. Ltd.		7,000		6,978
First Financial Holding Co. Ltd.		12,000		8,024
Formosa Chemicals & Fibre Corp.		5,000		15,686
Foxconn Technology Co. Ltd.		10,000		30,161
Hon Hai Precision Industry Co. Ltd.		58,000		222,951
Innolux Corp.		27,000		14,097
Lite-On Technology Corp.		2,000		3,283
Nien Made Enterprise Co. Ltd.		2,000		22,178
Pegatron Corp.		29,000		90,718
Phison Electronics Corp.		14,000		172,954
Pou Chen Corp.		6,000		8,297
Powertech Technology, Inc. *		1,000		3,085
Realtek Semiconductor Corp.		14,000		50,356
Synnex Technology International Corp.		3,000		3,361
Taiwan Semiconductor Manufacturing Co. Ltd., ADR (1)		4,418		154,453
Uni-President Enterprises Corp.		6,000		12,026
Wistron Corp.		49,000		49,809

				888,500

United States - 0.2%
Yum China Holdings, Inc. (1)*		345		13,603

TOTAL COMMON STOCKS (Cost $4,487,790)				5,149,493


EXCHANGE TRADED FUND - 4.2%

United States - 4.2%
iShares MSCI Emerging Markets Fund
(Cost $267,196) (1)		6,894		285,342


SHORT-TERM INVESTMENTS - 17.4%

Investment Companies - 17.4%
J.P. Morgan U.S. Treasury Plus Money Market Fund - IM Shares, 0.86% (b)(c)		751,244		751,244
Limited Purpose Cash Investment Fund, 0.81% (b)		437,280		437,237

TOTAL SHORT-TERM INVESTMENTS (Cost $1,188,481)				1,188,481

TOTAL INVESTMENTS IN SECURITIES AT VALUE - 96.9% (Cost $5,943,467)				6,623,316

OTHER ASSETS IN EXCESS OF LIABILITIES - 3.1% (d)				209,341

NET ASSETS - 100.0%				6,832,657


SECTOR	VALUE		% OF NET ASSETS
Consumer Discretionary	$	419,953		6.1	%
Consumer Staples		156,970		2.3
Energy		237,189		3.5
Financials		1,137,534		16.6
Health Care		58,116		0.9
Industrials		317,205		4.6
Information Technology		2,146,904		31.5
Materials		485,504		7.1
Real Estate		37,270		0.5
Telecommunication Services		293,272		4.3
Utilities		144,918		2.1
Short-Term Investments		1,188,481		17.4

Total Investments In Securities At Value		6,623,316		96.9
Other Assets in Excess of Liabilities (d)		209,341		3.1

Net Assets	$	6,832,657		100.0	%

*	Non-income producing security.

(a)	Represents less than 0.05% of net assets.

(b)	Represents 7-day effective yield as of 6/30/2017.

(c)	All or a portion of the security pledged as collateral for swap contracts.

(d)	Includes appreciation/(depreciation) on swap contracts.

All securities are Level 2 with respect to ASC 820, unless otherwise noted in parentheses.

(1)	Level 1 security (See Note 4).

ADR - American Depositary Receipt

PJSC - Public Joint Stock Company

REIT - Real Estate Investment Trust

The following table represents the individual long and short positions and related values within the total return basket swap as of June 30, 2017.


REFERENCE ENTITY	SHARES			NOTIONAL (a)			NET UNREALIZED APPRECIATION (DEPRECIATION)
Long Positions

Common Stocks
Mexico
Arca Continental SAB de CV		800		$	5,031		$	981
Fibra Uno Administracion SA de CV		6,700			11,511			1,196
Gruma SAB de CV		2,000			28,563			(2,480	)
Grupo Aeroportuario del Pacifico SAB de CV		1,200			12,039			1,475
Grupo Financiero Banorte SAB de CV		1,600			9,645			528
Grupo Mexico SAB de CV		16,700			54,896			(7,903	)
Industrias Penoles SAB de CV		2,035			47,731			(1,810	)
Wal-Mart de Mexico SAB de CV		41,500			84,995			11,342

								3,329

Total of Long Equity Positions								3,329


Short Positions

Common Stocks
Mexico
Infraestructura Energetica Nova SAB de CV		(400	)		(1,920	)		(212	)

Total of Long and Short Equity Positions								3,117

Net Cash and Other Receivables/ (Payables) (b)								1,526

Swaps, at Value							$	4,643

(a)	Notional value represents the market value (including any fees or commissions) of the long positions when they are established.

(b)	Cash and other receivables/(payables) includes the gains (or losses) realized within the swap when the swap resets.

The following table represents the individual long and short positions and related values within the total return basket swap as of June 30, 2017.


REFERENCE ENTITY	SHARES		NOTIONAL (a)		NET UNREALIZED APPRECIATION (DEPRECIATION)
Long Positions

Common Stocks
India
Axis Bank Ltd.		814	$	28,444	$	3,978
Larsen & Toubro Ltd.		1,539		35,313		4,413
Reliance Industries Ltd.		2,308		73,687		24,113
State Bank of India		815		32,505		2,144

						34,648

Malaysia
AirAsia Bhd.		110,200		62,352		21,075
CIMB Group Holdings Bhd.		4,700		4,810		2,394
Genting Bhd.		2,300		5,240		(198	)
Genting Malaysia Bhd.		35,400		40,581		4,770
Kuala Lumpur Kepong Bhd.		500		2,756		142
Petronas Chemicals Group Bhd.		1,800		3,077		(100	)
Public Bank Bhd.		4,900		22,449		744
Sime Darby Bhd.		5,300		10,887		842
Tenaga Nasional Bhd.		6,500		20,415		1,000

						30,669

Russia
Gazprom PJSC, ADR		7,693		38,322		(7,852	)
LUKOIL PJSC, ADR		493		27,112		(3,082	)
Novatek PJSC		79		10,256		(1,445	)
Rosneft Oil Co. PJSC		990		6,346		(959	)
Severstal PJSC		7,618		118,202		(18,338	)
Sistema PJSC FC		551		2,659		(354	)
Surgutneftegas OJSC, ADR		1,256		6,244		(839	)
Tatneft PJSC, ADR		277		10,691		(248	)

						(33,117	)

Thailand
Central Pattana PCL		2,800		4,392		1,312
Delta Electronics Thailand PCL		1,200		3,315		(257	)
Indorama Ventures PCL		5,000		5,205		385
Kasikornbank PCL		2,700		14,900		863
Krung Thai Bank PCL		66,200		36,284		323


REFERENCE ENTITY	SHARES			NOTIONAL (a)			NET UNREALIZED APPRECIATION (DEPRECIATION)
Thailand (continued)
PTT Global Chemical PCL		28,400		$	53,518		$	3,715
PTT PCL		400			4,601			(248	)
Robinson PCL		2,800			4,902			(104	)
Siam Cement PCL (The)		300			4,049			400
Thai Oil PCL		19,100			38,776			5,622

								12,011

Total of Long Equity Positions								44,211


Short Positions

Common Stocks
Brazil
BRF SA		(200	)		(2,566	)		199
Cia Brasileira de Distribuicao, ADR		(217	)		(4,013	)		(229	)
Cia Siderurgica Nacional SA		(7,300	)		(16,288	)		466
Fibria Celulose SA, ADR		(4,261	)		(40,056	)		(3,236	)
Lojas Americanas SA (Preference)		(9,700	)		(43,685	)		2,694
Ultrapar Participacoes SA		(100	)		(2,245	)		(95	)

								(201	)

Indonesia
Perusahaan Gas Negara Persero Tbk.		(10,300	)		(2,096	)		359


Malaysia
Axiata Group Bhd.		(19,100	)		(21,422	)		(69	)


Russia
Magnit PJSC		(579	)		(21,923	)		2,247


South Korea
Amorepacific Corp.		(65	)		(17,840	)		576
BGF retail Co. Ltd.		(246	)		(19,158	)		(2,576	)
CJ CheilJedang Corp.		(17	)		(5,367	)		(2	)
CJ Corp.		(92	)		(14,158	)		(1,079	)
CJ Korea Express Corp.		(319	)		(48,925	)		(1,413	)
GS Retail Co. Ltd.		(38	)		(1,725	)		11
Hanmi Pharm Co. Ltd.		(171	)		(56,405	)		675
Hanmi Science Co. Ltd.		(1,363	)		(70,724	)		(29,720	)
Hotel Shilla Co. Ltd.		(427	)		(17,798	)		(3,502	)
Hyundai Wia Corp.		(712	)		(43,089	)		(338	)


REFERENCE ENTITY	SHARES			NOTIONAL (a)			NET UNREALIZED APPRECIATION (DEPRECIATION)
South Korea (continued)
Korea Aerospace Industries Ltd.		(1,059	)	$	(57,943	)	$	5,210
Kumho Petrochemical Co. Ltd.		(1,097	)		(73,821	)		3,238
LG Household & Health Care Ltd.		(34	)		(28,341	)		(1,202	)
Lotte Chilsung Beverage Co. Ltd.		(13	)		(16,382	)		(3,101	)
Lotte Confectionery Co. Ltd.		(17	)		(2,785	)		(162	)
Mirae Asset Daewoo Co. Ltd.		(4,060	)		(30,621	)		(8,551	)
Orion Corp.(c)		(136	)		(79,811	)		(11,271	)
Samsung C&T Corp.		(781	)		(85,039	)		(16,013	)
Samsung Electro-Mechanics Co. Ltd.		(617	)		(25,574	)		(29,505	)
Samsung SDI Co. Ltd.		(577	)		(49,024	)		(37,598	)
Shinsegae, Inc.		(43	)		(6,481	)		(2,144	)
S-Oil Corp.		(593	)		(50,705	)		1,574

								(136,893	)

Taiwan
Hotai Motor Co. Ltd.		(2,000	)		(22,963	)		(2,062	)


Thailand
True Corp. PCL		(78,000	)		(15,006	)		784

Total of Short Equity Positions								(135,835	)

Total of Long and Short Equity Positions								(91,624	)

Net Cash and Other Receivables/ (Payables) (b)								11,609

Swaps, at Value							$	(80,015	)

(a)	Notional value represents the market value (including any fees or commissions) of the long and short positions when they are established.

(b)	Cash and other receivables/(payables) includes the gains (or losses) realized within the swap when the swap resets.

(c)	Security fair valued as of 06/30/2017 in accordance with procedures approved by the Board of Trustees.


REFERENCE ENTITY	SHARES		NOTIONAL (a)		NET UNREALIZED APPRECIATION (DEPRECIATION)
Long Positions

Common Stocks
China
AAC Technologies Holdings, Inc.		1,000	$	11,098	$	1,393
Agricultural Bank of China Ltd.		65,000		28,646		2,074
Bank of China Ltd.		105,000		48,306		3,182
Bank of Communications Co. Ltd.		41,000		31,292		(2,367	)
Beijing Capital International Airport Co. Ltd.		30,000		41,540		714
Beijing Enterprises Holdings Ltd.		11,500		51,430		4,020
Belle International Holdings Ltd.		47,000		27,538		9,510
China Cinda Asset Management Co. Ltd.		207,000		71,528		5,620
China CITIC Bank Corp. Ltd.		50,000		32,223		(1,621	)
China Communications Services Corp. Ltd.		72,000		44,313		(2,839	)
China Construction Bank Corp.		191,000		140,156		8,374
China Evergrande Group		10,000		6,820		11,120
China Galaxy Securities Co. Ltd.		5,000		4,953		(471	)
China Mobile Ltd.		15,500		164,293		35
China National Building Material Co. Ltd.		26,000		15,972		(530	)
China Oilfield Services Ltd.		2,000		2,102		(500	)
China Overseas Land & Investment Ltd.		6,000		17,051		509
China Petroleum & Chemical Corp.		38,000		27,693		2,061


REFERENCE ENTITY	SHARES		NOTIONAL (a)		NET UNREALIZED APPRECIATION (DEPRECIATION)
China (continued)
China Resources Land Ltd.		6,000	$	14,491	$	2,989
China Resources Power Holdings Co. Ltd.		24,000		37,984		9,127
China Shenhua Energy Co. Ltd.		22,000		42,901		6,046
China Vanke Co. Ltd.		2,800		6,952		968
Chongqing Rural Commercial Bank Co. Ltd.		18,000		12,356		(216	)
CNOOC Ltd.		21,000		27,222		(4,180	)
Country Garden Holdings Co. Ltd.		12,000		6,866		7,054
CSPC Pharmaceutical Group Ltd.		28,000		36,017		4,880
Geely Automobile Holdings Ltd.		50,000		62,847		44,917
GOME Electrical Appliances Holding Ltd.		124,000		15,863		(618	)
Haitian International Holdings Ltd.		4,000		9,282		1,929
Industrial & Commercial Bank of China Ltd.		189,000		113,690		13,862
Jiangxi Copper Co. Ltd.		14,000		21,389		1,586
People’s Insurance Co. Group of China Ltd. (The)		86,000		34,684		1,438
PICC Property & Casualty Co. Ltd.		20,000		31,151		2,251
Shanghai Industrial Holdings Ltd.		17,000		45,963		4,327
Sinopec Engineering Group Co. Ltd.		7,000		6,422		(115	)
Sinopec Shanghai Petrochemical Co. Ltd.		10,000		6,027		(676	)


REFERENCE ENTITY	SHARES			NOTIONAL (a)			NET UNREALIZED APPRECIATION (DEPRECIATION)
China (continued)
Sinopharm Group Co. Ltd.		9,200		$	40,604		$	960
Sinotrans Ltd.		94,000			42,376			5,786
Sunny Optical Technology Group Co. Ltd.		6,000			40,407			13,324
Tencent Holdings Ltd.		4,500			131,154			30,283
TravelSky Technology Ltd.		17,000			46,689			3,384
Weichai Power Co. Ltd.		14,000			11,225			1,009

								190,599


Hong Kong
Fullshare Holdings Ltd.		12,500			5,366			(376	)
Haier Electronics Group Co. Ltd.		30,000			69,149			8,848
Nine Dragons Paper Holdings Ltd.		73,000			71,378			25,836
Sino Biopharmaceutical Ltd.		19,000			15,326			1,474
Sun Art Retail Group Ltd.		78,000			75,707			(13,619	)

								22,163

Total of Long Equity Positions								212,762


Short Positions

Common Stocks
China
3SBio, Inc.		(21,500	)		(21,125	)		(7,403	)
Alibaba Health Information Technology Ltd.		(36,000	)		(18,259	)		1,120
AviChina Industry & Technology Co. Ltd.		(37,000	)		(22,887	)		1,184
Beijing Enterprises Water Group Ltd.		(10,000	)		(7,263	)		(497	)
Brilliance China Automotive Holdings Ltd.		(4,000	)		(5,156	)		(2,129	)
CGN Power Co. Ltd.		(243,000	)		(69,503	)		1,677
China Coal Energy Co. Ltd.		(6,000	)		(3,195	)		290
China Communications Construction Co. Ltd.		(26,000	)		(32,717	)		(773	)
China Power International Development Ltd.		(19,000	)		(7,245	)		503


REFERENCE ENTITY	SHARES			NOTIONAL (a)			NET UNREALIZED APPRECIATION (DEPRECIATION)
China (continued)
China Railway Construction Corp. Ltd.		(2,000	)	$	(2,705	)	$	98
China Railway Group Ltd.		(17,000	)		(15,028	)		1,639
China Resources Gas Group Ltd.		(2,000	)		(6,381	)		(439	)
China Taiping Insurance Holdings Co. Ltd.		(4,000	)		(9,448	)		(692	)
CITIC Securities Co. Ltd.		(2,500	)		(5,336	)		165
CRRC Corp. Ltd.		(15,000	)		(13,667	)		173
Fosun International Ltd.		(52,000	)		(74,223	)		(6,975	)
GF Securities Co. Ltd.		(20,400	)		(42,402	)		1,403
Haitong Securities Co. Ltd.		(23,600	)		(40,795	)		2,638
Huaneng Power International, Inc.		(4,000	)		(2,865	)		88
Huaneng Renewables Corp. Ltd.		(48,000	)		(16,325	)		1,519
Huatai Securities Co. Ltd.		(6,800	)		(13,421	)		353
New China Life Insurance Co. Ltd.		(2,700	)		(13,201	)		(536	)
Semiconductor Manufacturing International Corp.		(62,000	)		(68,616	)		(3,202	)
Shanghai Electric Group Co. Ltd.		(54,000	)		(24,655	)		(1,262	)
Zijin Mining Group Co. Ltd.		(76,000	)		(25,037	)		(78	)
ZTE Corp.		(1,000	)		(1,478	)		(907	)

								(12,043	)

Hong Kong
Alibaba Pictures Group Ltd.		(310,000	)		(52,715	)		1,126
China Gas Holdings Ltd.		(4,000	)		(5,967	)		(2,108	)

								(982	)

Total of Short Equity Positions								(13,025	)

Total of Long and Short Equity Positions								199,737

Net Cash and Other Receivables/ (Payables) (b)								26,681

Swaps, at Value							$	226,418

(a)	Notional value represents the market value (including any fees or commissions) of the long and short positions when they are established.

(b)	Cash and other receivables/(payables) includes the gains (or losses) realized within the swap when the swap resets.

The following table represents the individual long and short positions and related values within the total return basket swap as of June 30, 2017.


REFERENCE ENTITY	SHARES			NOTIONAL (a)			NET UNREALIZED APPRECIATION (DEPRECIATION)
Long Positions

Common Stocks
Turkey
Arcelik A/S		2,072		$	13,151		$	2,192
Ford Otomotiv Sanayi A/S		214			2,345			267
Haci Omer Sabanci Holding A/S		1,558			4,107			733
Tofas Turk Otomobil Fabrikasi A/S		2,568			21,343			(251	)
Tupras Turkiye Petrol Rafinerileri A/S		759			17,241			4,595
Turkiye Halk Bankasi A/S		9,132			31,921			2,208
Turkiye Vakiflar Bankasi TAO		5,482			9,221			859

								10,603

Total of Long Equity Positions								10,603


Short Positions

Common Stocks
Turkey
Turk Telekomunikasyon A/S		(8,644	)		(13,826	)		(1,499	)
Ulker Biskuvi Sanayi A/S		(369	)		(1,926	)		(402	)

								(1,901	)

Total of Short Equity Positions								(1,901	)

Total of Long and Short Equity Positions								8,702

Net Cash and Other Receivables/ (Payables) (b)								1,560

Swaps, at Value							$	10,262

(a)	Notional value represents the market value (including any fees or commissions) of the long and short positions when they are established.

(b)	Cash and other receivables/(payables) includes the gains (or losses) realized within the swap when the swap resets.

The following table represents the individual short positions and related values within the total return basket swap as of June 30, 2017.


REFERENCE ENTITY	SHARES			NOTIONAL (a)			NET UNREALIZED APPRECIATION (DEPRECIATION)
Short Positions

Common Stocks
South Africa
Discovery Ltd.		(3,516	)	$	(30,928	)	$	(3,455	)
Impala Platinum Holdings Ltd.		(14,933	)		(46,656	)		4,559
MTN Group Ltd.		(883	)		(8,560	)		863
Sibanye Gold Ltd.		(1,949	)		(3,997	)		1,758

								3,725

Total of Short Equity Positions								3,725

Net Cash and Other Receivables/ (Payables) (b)								(424	)

Swaps, at Value							$	3,301

(a)	Notional value represents the market value (including any fees or commissions) of the long and short positions when they are established.

(b)	Cash and other receivables/(payables) includes the gains (or losses) realized within the swap when the swap resets.

The following table represents the individual short positions and related values within the total return basket swap as of June 30, 2017.


REFERENCE ENTITY	SHARES			NOTIONAL (a)			NET UNREALIZED APPRECIATION (DEPRECIATION)
Short Positions

Common Stocks
Poland
Orange Polska SA		(3,344	)	$	(4,194	)	$	(436	)
Powszechny Zaklad Ubezpieczen SA		(258	)		(2,582	)		(522	)

								(958	)

Total of Short Equity Positions								(958	)

Net Cash and Other Receivables/ (Payables) (b)								(52	)

Swaps, at Value							$	(1,010	)

(a)	Notional value represents the market value (including any fees or commissions) of the long and short positions when they are established.

(b)	Cash and other receivables/(payables) includes the gains (or losses) realized within the swap when the swap resets.

Collateral pledged to, or (received from), each counterparty at June 30, 2017 was as follows:

AQR Funds (the “Trust”), was organized as a Delaware statutory trust on September 4, 2008. The Trust is an open-end management investment company, registered under the Investment Company Act of 1940, as amended (the “1940 Act”). As of June 30, 2017, the Trust consists of thirty-seven active series, twenty-four of which are presented in this book (collectively, the “Funds” and each individually a “Fund”): AQR Large Cap Multi-Style Fund, AQR Small Cap Multi-Style Fund, AQR International Multi-Style Fund, AQR Emerging Multi-Style Fund, AQR TM Large Cap Multi-Style Fund, AQR TM Small Cap Multi-Style Fund, AQR TM International Multi-Style Fund, AQR TM Emerging Multi-Style Fund, AQR Large Cap Momentum Style Fund, AQR Small Cap Momentum Style Fund, AQR International Momentum Style Fund, AQR Emerging Momentum Style Fund, AQR TM Large Cap Momentum Style Fund, AQR TM Small Cap Momentum Style Fund, AQR TM International Momentum Style Fund, AQR Large Cap Defensive Style Fund, AQR International Defensive Style Fund, AQR Emerging Defensive Style Fund, AQR Global Equity Fund, AQR International Equity Fund, AQR Large Cap Relaxed Constraint Equity Fund, AQR Small Cap Relaxed Constraint Equity Fund, AQR International Relaxed Constraint Equity Fund and AQR Emerging Relaxed Constraint Equity Fund. The remaining active series are reported in separate books. AQR Capital Management, LLC (the “Adviser”) serves as the investment adviser of each Fund.

AQR Large Cap Relaxed Constraint Equity Fund, AQR Small Cap Relaxed Constraint Equity Fund, AQR International Relaxed Constraint Equity Fund and AQR Emerging Relaxed Constraint Equity Fund commenced operations on December 14, 2016.

The investment objective for AQR Large Cap Multi-Style Fund, AQR Small Cap Multi-Style Fund, AQR International Multi-Style Fund, AQR Emerging Multi-Style Fund, AQR Large Cap Momentum Style Fund, AQR Small Cap Momentum Style Fund, AQR International Momentum Style Fund, AQR Emerging Momentum Style Fund, AQR Global Equity Fund, AQR International Equity Fund, AQR Large Cap Relaxed Constraint Equity Fund, AQR Small Cap Relaxed Constraint Equity Fund, AQR International Relaxed Constraint Equity Fund and AQR Emerging Relaxed Constraint Equity Fund is to seek long-term capital appreciation. The investment objective for AQR Large Cap Defensive Style Fund, AQR International Defensive Style Fund and AQR Emerging Defensive Style Fund is to seek total return. The investment objective for AQR TM Large Cap Multi-Style Fund, AQR TM Small Cap Multi-Style Fund, AQR TM International Multi-Style Fund, AQR TM Emerging Multi-Style Fund, AQR TM Large Cap Momentum Style Fund, AQR TM Small Cap Momentum Style Fund and AQR TM International Momentum Style Fund is to seek long-term after-tax capital appreciation. Each of the Fund offers Class I, N and R6 shares.

The Funds are investment companies and apply specialized accounting and reporting guidance in conformity with accounting principles generally accepted in the United States of America (“GAAP”).

Use of Estimates: The preparation of the financial statements in conformity with GAAP requires the Adviser to make estimates and assumptions that affect the fair value of investments, the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities, if any, at the date of the financial statements and the reported amounts of increases and decreases in net assets from operations during the reporting period. Actual results could differ from those estimates and such differences could be material.

Valuation of Investments: All securities and other investments are recorded at their estimated fair value, as described in Note 4.

Cash: Cash comprises U.S. Dollar and foreign currency deposits held at a bank(s) or custodian bank(s) which may exceed insured limits. The Funds are subject to risk to the extent that the institutions may be unable to fulfill their obligations.

Foreign Currency Translation: The books and records of the Funds are maintained in U.S. Dollars. The Funds’ assets and liabilities in foreign currencies are translated into U.S. Dollars at the prevailing exchange rate at the valuation date. Transactions denominated in foreign currencies are translated into U.S. Dollars at the prevailing exchange rate on the date of the transaction. The Funds’ income earned and expense incurred in foreign denominated currencies are translated into U.S. Dollars at the prevailing exchange rate on the date of such activity.

The Funds do not isolate that portion of the results of operations arising from changes in the foreign exchange rates on investments and derivatives from the fluctuations that result from changes in the market prices of investments and derivatives held or sold during the period. Accordingly, such foreign currency gains (losses) are included in the reported net realized gain (loss) on investments in securities and derivatives and net change in unrealized appreciation (depreciation) on investment securities and derivatives.

Indemnification: In the normal course of business, the Funds may enter into various agreements that provide for general indemnifications. The Funds’ maximum exposure under these arrangements is unknown as any potential exposure involves future claims that may be made against the Funds. However, based on experience, the Funds expect the risk of loss to be remote.

Limited Purpose Cash Investment Fund: Certain Funds may invest in the Limited Purpose Cash Investment Fund (the “LPCI Fund”), which is managed by UBS Asset Management (Americas) Inc. (“UBS AM”). The LPCI Fund is a registered investment company under the 1940 Act and is subject to the money market regulations as prescribed in Rule 2a-7 of the 1940 Act. Pursuant to the LPCI Fund’s eligibility requirements, shares of the LPCI Fund are only available for sale to the Adviser and funds advised by the Adviser. Those Funds investing in the LPCI Fund indirectly bear their share of the advisory and operating expenses borne by the LPCI Fund. Section 2a-3 of the 1940 Act defines an affiliated person as, among other things, a company in which a Fund owns at least 5% of the outstanding voting securities. The LPCI Fund may be considered an affiliated person of some of the Funds in the Trust. However, the Funds do not invest in the LPCI Fund for the purpose of exercising a controlling influence over its management, board or policies. A summary of transactions with each affiliated person is included in the Schedules of Investments.

Securities Sold Short: Certain Funds sell securities they do not own as a hedge against some of their long positions and/or in anticipation of a decline in the market value of that security, a short sale. When one of the Funds makes a short sale, it must borrow the security sold short and deliver it to the broker through which it made the short sale. The Fund may have to pay a fee to borrow the particular security and may be obligated to remit any interest or dividends received on such borrowed securities. Dividends declared on short positions are recorded on the ex-date as an expense. A gain, limited to the price at which the Fund sold the security short, or a loss, which could be unlimited in magnitude, will be recognized upon the termination of a short sale if the market price at termination is less than or greater than, respectively, the proceeds originally received. The Fund is also subject to the risk that it may be unable to reacquire a security to terminate a short position except at a price substantially in excess of the last quoted price. The Fund is also subject to risk of loss if the broker were to fail to perform its obligations under the contractual terms.

The Funds are required to pledge cash or liquid securities to the broker as collateral for securities sold short. Collateral requirements are calculated daily based on the current market value of the short positions. Daily market fluctuations and trading activity could cause the value of securities sold short to be more or less than the value of the collateral segregated. Cash deposited with the broker for collateral for securities sold short is recorded as an asset on the Statements of Assets and Liabilities and securities segregated as collateral are denoted in the Schedules of Investments. The Funds may receive or pay the net of the following amounts: (i) a portion of the income from the investment of cash collateral; (ii) the broker’s fee on the borrowed securities; and (iii) a financing charge for the difference in the market value of the short position and cash collateral deposited with the broker. This income or fee is calculated daily based upon the market value of each borrowed security and a variable rate that is dependent on the availability of the security.

Futures Contracts: Certain Funds invest in futures contracts as part of their primary investment strategy and to equitize its cash flows. Investments in futures may increase or decrease exposure to a particular market. In the event of a bankruptcy or insolvency of a futures commission merchant that holds margin on behalf of the Funds, the Funds may not receive the return of the entire margin owed to the Funds, potentially resulting in a loss. A realized gain (loss) represents the difference between the value of the contract at the time it was opened and the value at the time it was closed or expired. The use of long futures contracts subjects the Funds to risk of loss in excess of the variation margin. The use of short futures contracts subjects the Funds to unlimited risk of loss. Futures contracts outstanding at period end, if any, are listed after each Fund’s Schedule of Investments.

Forward Foreign Currency Exchange Contracts: Certain Funds buy and sell forward foreign currency exchange contracts, which are agreements between two parties to buy and sell currencies at a set price on a future date. These contracts are used to protect against a decline in value relative to the U.S. Dollar of the currencies in which portfolio securities are denominated or quoted (or an increase in the value of a currency in which securities that a Fund intends to buy are denominated, when a Fund holds cash reserves and short term investments), or for other investment purposes. The market value of the contract will fluctuate with changes in currency exchange rates. The contract is marked to market daily and the change in market value is recorded as unrealized appreciation or depreciation. When the contract is closed, the Funds record a realized gain or loss equal to the difference between the value of the contract at the time it was opened and the value at the time it was closed. The Funds could be exposed to risk if the value of the currency changes unfavorably, if the counterparties to the contracts are unable to meet the terms of their contracts or if the Funds are unable to enter into a closing position. Non-deliverable forward foreign currency exchange contracts are settled with the counterparty in U.S. Dollars without the delivery of foreign currency. Forward foreign currency exchange contracts outstanding at period end, if any, are listed after each Fund’s Schedule of Investments.

Swap Contracts: Certain Funds engage in various swap transactions to manage risks within their portfolios or as alternatives to direct investments. Swap transactions may be privately negotiated in the over-the-counter (“OTC”) market where payments are settled through direct payments between a Fund and the counterparty. By contrast, certain swap transactions are subject to mandatory central clearing (“centrally cleared swaps”). These swaps are executed through a derivatives clearing member (“DCM”), acting in an agency capacity, and submitted to a central counterparty (“CCP”), in which case all payments are settled with the CCP through the DCM. For credit default and interest rate contracts, an up-front payment received by a Fund is recorded as a liability. An up-front payment made by a Fund is recorded as an asset. Up-front payments are amortized over the term of the contract. Periodic payments received (paid) by a Fund are recorded as realized gains (losses). The Funds’ use of swap contracts create additional risks beyond those that would exist if the Funds invested in the underlying positions directly.

Total Return Swap Contracts: Certain Funds invest in total return swaps to obtain exposure to the underlying referenced instruments, obtain leverage or attain the returns from ownership without actually owning the underlying position. Total return swaps are two-party contracts that generally obligate one party to pay the positive return and the other party to pay the negative return on a specified reference security, security index or index component during the period of the swap. Total return swap contracts are marked to market daily and the change, if any, is recorded as net change in appreciation (depreciation). Total return swaps normally do not involve the delivery of securities or other underlying assets. If the counterparty to a total return swap contract defaults, a Fund’s risk of loss consists of the net amount of payments the Fund is contractually entitled to receive, if any. The use of long total return swap contracts subject the Funds to risk of loss in excess of the amounts shown on the Schedule of Investments. The use of short total return swaps subject the Funds to potential unlimited loss. Periodic payments received (paid) by the Funds are recorded as realized gains (losses). Total return swap contracts outstanding at period end, if any, are listed after each Fund’s Schedule of Investments.

Total Return Basket Swaps: Certain Funds may enter into an equity basket swap agreement to obtain exposure to a portfolio of long and short securities. Under the terms of the agreement, the swap is designed to function as a portfolio of direct investments in long and short equity or fixed income positions. The Funds have the ability to trade in and out of long and short positions within the swap and will receive all of the economic benefits and risks equivalent to direct investments in these positions such as: capital appreciation (depreciation), corporate actions, and dividends and interest received and paid, all of which are reflected in the swap value. The swap value also includes interest charges and credits related to the notional values of the long and short positions and cash balances within the swap. These interest charges and credits are based on defined market rates plus or minus a specified spread and are referred to herein as “financing costs”. Positions within the swap are reset periodically, and financing costs are reset monthly. During a reset, any realized gains (losses) on positions, income, proceeds from corporate actions and accrued financing costs may become available for cash settlement between the Funds and the swap counterparty. Cash settlement in and out of the swap may occur at a reset date or any other date, at the discretion of the Funds and the counterparty, over the life of the agreement, and is generally determined based on limits and thresholds established as part of the Master Agreement between the Funds and the counterparty. A change in the market value of a total return basket swap contract is recognized as a change in unrealized appreciation (depreciation) on swap contracts in the Statements of Operations. Cash settlements between a Fund and the counterparty are recognized as realized gains (losses) on swap contracts in the Statements of Operations. Total return basket swap contracts outstanding at period end, if any, are listed after each Fund’s Schedule of Investments.

Securities Lending: Certain Funds may lend securities to qualified borrowers approved by the Adviser in order to generate additional income. Securities loaned are collateralized by cash valued at 102% to 105% of the market value of the securities on loan. The Funds invest cash collateral in money market funds as indicated on the Schedule of Investments. Daily market fluctuations could cause the value of loaned securities to be more or less than the value of the collateral received. When this occurs, the collateral is adjusted and settled on the next business day. The Funds bear the risk of loss associated with the collateral investments and are not entitled to additional collateral from the borrower to cover any such losses. Loans are subject to termination by the Funds or the borrower at any time. Securities lending also involves counterparty risks, including the risk that the loaned securities may not be returned in a timely manner or at all. In the event of a default by a borrower with respect to any loan, the lending agent will exercise any and all remedies provided under the applicable borrower agreement to make the Funds whole. If, despite such efforts by the lending agent to exercise these remedies, the Funds sustain losses as a result of a borrower’s default, the lending agent indemnifies the Funds by purchasing replacement securities at its expense, or paying the Funds an amount equal to the market value of the replacement securities, subject to certain limitations which are set forth in the Securities Lending Agency Agreement between the Funds and the lending agent. Securities lending income represents fees charged to borrowers plus income earned on invested cash collateral, less expenses associated with the loan. Certain of the securities on loan may have been sold prior to the close of the reporting period.

Master Agreements: Certain Funds are parties to master netting arrangements with counterparties (“Master Agreements”). Master Agreements govern the terms of certain like transactions, and reduce the counterparty risk associated with relevant transactions by specifying payment netting mechanisms across multiple transactions and providing standardization that improves legal certainty. Since different types of transactions have different mechanics and are sometimes traded by different legal entities of a particular counterparty organization, each type of transaction may be covered by a different Master Agreement, resulting in the need for multiple Master Agreements with a counterparty and its affiliates. As the Master Agreements are specific to unique operations of different asset types, they allow the Funds to close out and net their total exposure to a counterparty in the event of a default with respect to all the transactions governed under a single Master Agreement with a counterparty.

Prime Broker Arrangements may be entered into to facilitate execution and/or clearing of equities, bonds, equity options or short sales of securities between certain Funds and selected counterparties. These arrangements provide financing terms for such transactions and include guidelines surrounding the rights, obligations, and other events, including, but not limited to, margin, execution, and settlement. These agreements maintain provisions for payments, maintenance of collateral, events of default, and termination. Margin and other assets delivered as collateral are typically held by the prime broker and offset any obligations due to the prime broker.

Customer Account Agreements govern cleared derivatives transactions and exchange-traded futures and options transactions. Upon entering into an exchange-traded or centrally cleared derivative contract, the Funds are required to deposit with the relevant clearing organization cash or securities, which is referred to as the initial margin. Securities deposited as initial margin are designated on the Schedules of Investments and cash deposited is recorded as Deposits with brokers for exchange-traded and centrally cleared derivatives on the Statements of Assets and Liabilities. For exchange-traded futures or centrally cleared swaps, initial margin is posted, and daily changes in fair value are recorded as a payable or receivable on the Statement of Assets and Liabilities as Variation margin on exchange-traded and centrally cleared derivatives. Variation margin is determined separately for exchange-traded futures and centrally cleared swaps and cannot be netted.

International Swaps and Derivatives Association, Inc. Master Agreements and Credit Support Annexes (“ISDA Master Agreements”) govern OTC derivative transactions entered into between certain Funds and a counterparty. ISDA Master Agreements maintain provisions for general obligations, representations, netting of settlement payments, agreements to deliver supporting documents, collateral transfer and events of default or termination. Events of termination include a decline in the Fund’s net assets below a specified threshold over a certain period of time or a decline in the counterparty’s long-term and short-term credit ratings below a specified level. In each case, upon occurrence, the other party may elect to terminate early and cause settlement of all OTC contracts outstanding, including the payment of any losses and costs resulting from such early termination, as reasonably determined by the terminating party. Any decision by a party to elect early termination could be material to the financial statements and impact a Fund’s future derivative activity.

Collateral and margin requirements differ according to the terms of each type of Master Agreement. Collateral is routinely transferred if the total net exposure net of existing collateral already in place governed under the relevant Master Agreement with a counterparty in a given account exceeds a specified threshold. Collateral can be in the form of cash, debt securities issued by the U.S. government, money market funds and other securities as agreed to by the Fund and the applicable counterparty, or as permitted by the clearing house or exchange.

Collateral pledged by a Fund for OTC derivatives pursuant to a Master Agreement is segregated by the Fund’s custodian and identified as an asset in the Statements of Assets and Liabilities either as a component of Investments in securities, at value (securities) or in Due from brokers (cash). Segregation of fund’s collateral in the custodian account helps mitigate counterparty risk.

Collateral posted for the benefit of a Fund pursuant to a Master Agreement is held by a custodian of the Fund. Amounts which can be invested or repledged, are presented in the Fund’s Schedule of Investments. Collateral received is reflected as a liability within Due to brokers in the Statements of Assets and Liabilities.

For financial reporting purposes, the Funds do not offset derivative assets and derivative liabilities subject to master netting agreements on the Statements of Assets and Liabilities.

Investment Valuation Policies: The Net Asset Value (“NAV”) of the Funds’ shares are valued as of the close of regular trading on the New York Stock Exchange (“NYSE”) (normally 4:00 p.m. Eastern time) on each day that the NYSE is open (each a “Business Day”). The NAV per share of each class within each Fund is computed by dividing the total current value of the assets of such Fund attributable to a class, less class liabilities, by the total number of shares of that class of the Fund outstanding at the time the computation is made. For purposes of calculating the NAV, portfolio securities and other financial derivative instruments are valued on each Business Day using valuation methods as adopted by the Funds’ Board of Trustees (the “Board”).

The Board has delegated responsibility for applying approved valuation policies to the Adviser, subject to Board oversight. The Adviser has established a Valuation Committee (the “VC”) whose function is to administer, implement and oversee the continual appropriateness of valuation methods applied and the determination of adjustments to the fair valuation of portfolio securities and other financial derivative instruments in good faith after consideration of market factor changes and events affecting issuers. The Adviser performs a series of activities to provide reasonable assurance of the accuracy of prices including: (i) periodic vendor due diligence meetings, review of methodologies, approaches and techniques, new developments and processes at vendors, (ii) review of daily comparison of security valuation versus prior day for all securities that exceeded established thresholds, (iii) review of third party model prices against internal model prices, and (iv) review the results of back testing and reports for the Board on the results of fair value determinations.

Where market quotes are readily available, fair market value is generally determined on the basis of official closing prices or the last reported sales prices, or if no sales are reported, based on quotes obtained from pricing services or established market makers. Where market quotations are not readily available, or if an available market quotation is determined not to reflect fair value, securities or financial derivatives are valued at fair value, as determined in good faith by the VC in accordance with the valuation procedures approved by the Funds’ Board. Using fair value to price a security may require subjective determinations about the value of a security that could result in a value that is different from a security’s most recent closing price and from the prices used by other mutual funds to calculate their net assets. It is possible the estimated values may differ significantly from the values which would have been used had an active market for the investments existed. These differences could be material.

Fair Value Hierarchy: Various inputs are utilized in determining the value of each Fund’s investments. GAAP establishes a hierarchy for inputs used in measuring fair value that maximizes the use of observable inputs and minimizes the use of unobservable inputs by requiring the most observable inputs be used when available. These inputs are summarized in the three broad levels as follows:

Level 1 — Inputs using unadjusted quoted prices in active markets or exchanges for identical assets and liabilities.

Level 2 — Other significant observable inputs, which may include, but are not limited to, quoted prices for similar assets or liabilities in markets that are active, quoted prices for identical or similar assets or liabilities in markets that are not active, inputs other than quoted prices that are observable for the assets or liabilities (such as interest rates, yield curves, volatilities, prepayment speeds, credit risks and default rates) or other market corroborated inputs.

Level 3 — Significant unobservable inputs based on the best information available in the circumstances, to the extent observable inputs are not available, which may include assumptions made by the Board or persons acting at their direction that are used in determining the fair value of investments.

An investment asset’s or liability’s level within the fair value hierarchy is based on the lowest level input, individually or in aggregate, that is significant to fair value measurement. The objective of fair value measurement remains the same even when there is a significant decrease in the volume and level of activity for an asset or liability and regardless of the valuation technique used. The valuation techniques used by the Funds to measure fair value maximize the use of observable inputs and minimize the use of unobservable inputs.

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Valuation Techniques: The following inputs and techniques may be used by the Funds to evaluate how to classify each major category of assets and liabilities into the appropriate fair value hierarchy in accordance with GAAP.

Equity securities, including securities sold short, rights, exchange options, warrants, Exchange-Traded Funds (“ETFs”) and closed-end investment companies, are valued at the last quoted sales prices or official closing prices taken from the primary market, in which each security trades and are therefore classified Level 1.

An equity for which no sales are reported, as in the case of a security that is traded in the over the counter market or a less liquid listed equity, is valued at its last bid price (in the case of short sales, at the ask price) and is therefore classified Level 2. In addition, equities traded outside of the Western Hemisphere are classified Level 2 because they are fair valued daily based on the application of a fair value factor (unless the Adviser determines that use of another valuation methodology is appropriate). The Funds apply daily fair value factors, furnished by an independent pricing service, to account for the market movement between the close of the foreign market and the close of the NYSE. The pricing service uses statistical analysis and quantitative models to adjust local market prices using factors such as subsequent movement and changes in the prices of indices, American Depositary Receipts, futures contracts and exchange rates in other markets in determining fair value as of the time a Fund calculates its net asset value.

Fixed income securities (other than certain short-term investments maturing in 60 days or less) and other investments that trade in markets that are not considered to be active, are valued based on quoted market prices, dealer quotations or alternative pricing sources supported by observable inputs and are also classified within Level 2. These include certain U.S. government and sovereign obligations, most government agency securities, investment-grade corporate bonds, money market funds and less liquid listed equities. Corporate and sovereign bonds and other fixed-income instruments are valued at estimated fair value using the latest bid prices or evaluated quotes furnished by independent pricing services, as well as quotations from counterparties and other market participants. Evaluated quotes are based on a matrix system, which may consider such factors as quoted prices for identical or similar assets, yields, maturities and ratings and are not necessarily reliant on quoted prices. Short-term debt investments of sufficient credit quality maturing in 60 days or less are generally valued at amortized cost, which approximates fair value. These investments are categorized as Level 2 within the fair value hierarchy.

Investments classified within Level 3 have significant unobservable inputs, as they trade infrequently or not at all. Level 3 instruments include illiquid securities. When observable prices are not available for these securities, the Funds may use one or more valuation approaches (e.g., the market approach, the income approach, or the cost approach), including proprietary models for which sufficient and reliable data is available. Within Level 3, the market approach generally is based on the technique of using comparable market transactions, while the use of the income approach includes the estimation of future cash flows discounted to calculate fair value. Discounts may also be applied due to the nature or durations of any restrictions on the disposition of the investment or adjusted as appropriate for credit, market and/or other risk factors.

The inputs used by the Funds in estimating the value of Level 3 investments include the original transaction price, recent transactions in the same or similar instruments, completed or pending third-party transactions in the underlying investment or comparable issuers, subsequent rounds of financing, recapitalizations and other transactions across the capital structure, offerings in the equity or debt capital markets, changes in financial ratios or cash flows, benchmark yield curves, credit spreads, estimated default rates, underlying collateral, and other unique security features. Level 3 investments may also be adjusted to reflect illiquidity and/or non-transferability, with the amount of such discount estimated by the Adviser in the absence of market information. Assumptions used by the Funds due to the lack of observable inputs may significantly impact the fair value of the investment.

Exchange-traded derivatives, such as futures contracts and exchange-traded option contracts, are typically classified within Level 1 or Level 2 of the fair value hierarchy depending on whether or not they are deemed to be actively traded. Futures and option contracts that are listed on national exchanges and are freely transferable are valued at fair value based on their last sales price on the date of determination on the exchange that constitutes the principal market or, if no sales occurred on such date, at the bid price on such exchange at the close of business on such date. Centrally cleared swaps listed or traded on a multilateral trade facility platform, such as a registered exchange, are valued on daily basis using quotations provided by an independent pricing service.

OTC derivatives, including forward contracts and swap contracts, are fair valued by the Funds on a daily basis using observable inputs, such as quotations provided by an independent pricing service, the counterparty, dealers or brokers, whenever available and considered reliable.

The value of each total return swap contract is derived from a combination of (i) the net value of the underlying positions, which are valued daily using the last sale or closing price on the principal exchange on which the securities are traded; (ii) financing costs; (iii) the value of dividends or accrued interest; (iv) cash balances within the swap; and (v) other factors, as applicable.

The U.S. Dollar value of forward foreign currency exchange contracts is determined using current forward currency exchange rates supplied by an independent pricing service.

Generally, a valuation model is used consistently for similar derivative types. In instances where models are used, the value of an OTC derivative depends upon the contractual terms of, and specific risks inherent in, the instrument as well as the availability and reliability of observable inputs. Such inputs typically may include market prices for reference securities, yield curves, credit spreads, measures of volatility, prepayment rates and implied correlations of such inputs which are obtained from outside brokers and/or pricing services when available. Certain OTC derivatives, such as generic forwards, swaps and options, have inputs which can generally be corroborated by market data and are therefore classified within Level 2. Those OTC derivatives that have less liquidity or for which inputs are unobservable are classified within Level 3. While the valuations of less liquid OTC derivatives may utilize some Level 1 and/or Level 2 inputs, they also may include other unobservable inputs which may be considered significant to the fair value determination.

The following tables represent each Fund’s valuation inputs as presented on the Schedule of Investments:

The Funds recognize all transfers at the beginning of the reporting period, related unrealized appreciation/(depreciation) is also transferred out at the beginning of the reporting period. Transfers between Level 1 and 2 generally relate to whether the principal market for the security becomes active or inactive. Transfers from Level 2 to Level 3 or from Level 3 to Level 2 are due to a decline or an increase in market activity (e.g., frequency of trades), which resulted in a lack of, or increase in, available market inputs to determine price. There were no transfers of investments between level1 and level 2 for any of the Funds.

There were no Level 3 securities held at period end, except those securities classified as Level 3 in the Schedules of Investments that are considered quantitatively insignificant in the aggregate for the AQR Small Cap Multi-Style Fund, AQR TM Small Cap Multi-Style Fund, AQR Small Cap Momentum Style Fund, AQR International Momentum Style Fund, AQR Emerging Momentum Style Fund, AQR TM International Momentum Style Fund, AQR Emerging Defensive Style Fund, AQR Global Equity Fund, AQR International Equity Fund and AQR Small Cap Relaxed Constraint Equity Fund.

The fair market values of Level 3 investments are based on significant unobservable inputs that reflect the Adviser’s determination of assumptions that market participants might reasonably use in valuing the securities. Changes in significant unobservable inputs could cause significant changes in valuation to individual securities and in aggregate. Fair value determinations and valuation of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred.

The significant unobservable inputs used in the fair value measurement of a Fund’s investments in common stocks, corporate bonds, convertible bonds, convertible preferred stocks and warrants potentially include credit spread, liquidity discount, earnings multiples and volatility. Significant increases in the credit spread or liquidity discount inputs in isolation would potentially result in a significantly lower fair value measurement, whereas an increase in volatility generally results in a higher fair value measurement. Generally, a change in the assumption used for the credit spread would be accompanied by a directionally-similar change in the assumptions used for the volatility and liquidity discount. Investments in common stocks potentially include liquidity discounts, theoretical values, book to value analysis and/or broker quotes. Significant changes in any of these inputs would significantly change the fair value measurement of the position.

At June 30, 2017, the cost of long security positions and aggregate gross unrealized appreciation (depreciation) of investments for federal income tax purposes were as follows:

The differences between book basis and tax basis appreciation (depreciation) on investments is primarily attributable to

The Funds use derivative instruments as part of their principal investment strategy to achieve their investment objectives. The Funds’ derivative contracts held at June 30, 2017, are not accounted for as hedging instruments under GAAP. The effect of such derivative instruments on the Funds’ financial position and financial performance for the period ended June 30, 2017 are as follows:

In the normal course of business the Funds trade financial instruments and enter into financial transactions where risk of potential loss exists due to changes in the market (market risk). A Fund’s investments in financial derivatives and other financial instruments may expose the Fund to various elements of market risks which include interest rate, foreign currency, equity and commodity risks.

Interest rate risk is the risk that fixed income securities will decline in value because of changes in interest rates. Convertible securities and non-convertible income producing securities are subject to certain risks, including (i) if interest rates go up, the value of convertible securities and non-convertible income producing securities in the Funds’ portfolio generally will decline; (ii) during periods of declining interest rates, the issuer of a security may exercise its option to prepay principal earlier than scheduled, forcing the Funds to reinvest in lower yielding securities (call or prepayment risk); and (iii) during periods of rising interest rates, the average life of certain types of securities may be extended because of

Currency risk arises from the possibility that fluctuations in foreign exchange rates will affect the value of cash balances held in foreign currencies and non-U.S. denominated financial instruments. In addition, the Funds’ use of forward foreign currency exchange contracts may expose them to the risk that the value of the foreign currency changes unfavorably relative to the U.S. Dollar. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons.

The market values of equities, such as common stocks and preferred securities or equity related investments such as futures and options, may decline due to general market conditions which are not specifically related to a particular company. They may also decline due to factors which affect a particular industry or industries. The Funds may invest in illiquid investments and may experience difficulty in selling those investments in a timely manner at the price that it believes the investments are worth. Prices may fluctuate widely over short or extended periods in response to company, market or economic news. Markets also tend to move in cycles, with periods of rising and falling prices. This volatility may cause the Fund’s net asset value to experience significant increases or decreases over short periods of time. If there is a general decline in the securities and other markets, the net asset value of a Fund may lose value, regardless of the individual results of the securities and other instruments in which the Fund invests.

Exposure to the commodities markets may subject a Fund to greater volatility than investments in traditional securities. The value of commodity-linked derivative investments and exchange-traded notes may be affected by changes in overall market movements, commodity index volatility, changes in interest rates, or factors affecting a particular industry or commodity.

In addition to market risk, the Funds may be exposed to the risk that one or more securities in the Funds’ portfolio will decline in price, or fail to pay interest or principal when due, because the issuer of the security experiences a decline in its financial status (credit risk). Credit risk is measured by the loss a Fund would record if the major financial institution or other counterparties failed to perform pursuant to terms of their obligations. Certain Funds may primarily maintain cash balances at one or several major financial institutions that may exceed federally insured limits and as such each of the Funds have credit risk associated with such financial institutions. In general, lower rated securities carry a greater degree of risk that the issuer will lose its ability to make interest and principal payments, which could have a negative impact on the Funds’ net asset value or dividends. The Funds minimize credit risk by monitoring credit exposure and collateral values, and by requiring additional collateral to be promptly deposited with or returned to each of the Funds when deemed necessary.

Similar to credit risk, a Fund may be exposed to counterparty risk, or the risk that an institution or other entity with which the Fund has unsettled or open transactions will default. Financial assets, which potentially expose a Fund to counterparty risk, consist principally of cash due from counterparties and investments. By using derivative instruments, the Funds may be exposed to the risk that derivative counterparties may not perform in accordance with the contractual provisions offset by the value of any collateral received. The Funds’ exposure to credit risk associated with counterparty non-performance is limited to the unrealized gains inherent in such transactions that are recognized in the Statements of Assets and Liabilities. The counterparties to the Funds’ derivative investments may include affiliates of the Funds’ clearing brokers and other major financial institutions. While the Funds use multiple clearing brokers and counterparties, a concentration of credit risk may exist because of balances held and transactions with a limited number of clearing brokers and counterparties. The Funds minimize counterparty credit risk through credit limits and approvals, credit monitoring procedures, executing master netting arrangements and managing margin and collateral requirements, as appropriate.

In the normal course of business, the Funds may enter into agreements with certain counterparties for derivative

transactions. A number of each Fund’s Master Agreements contain provisions that require each Fund to maintain a predetermined level of net assets, and/or provide limits regarding the decline of a Fund’s net asset value over specified time periods. If a Fund was to violate such provisions, the counterparties to the derivative instruments could request immediate payment or demand immediate collateralization on derivative instruments in net liability positions. If such events are not cured by the Fund or waived by the counterparties, they may decide to curtail or limit extension of credit, and the Fund may be forced to unwind its derivative positions which may result in material losses.

The Funds, at times, utilize substantial leverage in their investment program. Such leverage may take the form of trading on margin, investing in derivative instruments that are inherently leveraged, entering into reverse repurchase transactions and entering into other forms of direct and indirect borrowings. There is no guarantee that the Funds’ borrowing arrangement or other arrangements for obtaining leverage will continue to be available, or if available, will be available on terms and conditions acceptable to the Funds. Unfavorable economic conditions also could increase funding costs, limit access to the capital markets or result in a decision by lenders not to extend credit to the Funds. In addition, a decline in market value of the Funds’ assets may have particular adverse consequences in instances where they have borrowed money based on the market value of those assets. A decrease in market value of those assets may result in the lender (including derivative counterparties) requiring the Funds to post additional collateral or otherwise sell assets at a time when it may not be in the Funds’ best interest to do so.

The Adviser relies heavily on quantitative models and information and data supplied by third parties. When models and data prove to be incorrect or incomplete, any decisions made in reliance thereon may expose the Fund to potential risks. Such models may produce unexpected results, which can result in losses for a Fund.

Periodically, the Funds may be a party to legal actions arising in the ordinary course of business. The Funds are currently not subject to any actions that either individually or in the aggregate are expected to have a material impact on their results of operations, cash flows or financial condition.

In October 2016, the Securities and Exchange Commission (the “SEC”) adopted Final Rule Release No. 33-10231, Investment Company Reporting Modernization, to modernize and enhance the reporting and disclosure of information by registered investment companies. The SEC is adopting amendments to Regulation S-X, which will require standardized, enhanced disclosure about derivatives in investment company financial statements, as well as other amendments. The new rules will allow the SEC to more effectively collect and use data reported by funds, enhance disclosure regarding fund liquidity and redemption practices, and permit open-end funds to offer swing pricing, subject to board approval and review.

Compliance with the modifications to Regulation S-X is required for financial statements filed with the SEC on or after August 1, 2017 and other amendments and rules are effective during 2018. Adoption of these rules will have no effect on the Funds’ net assets or results of operations. Management is currently evaluating the impact on the Funds’ financial statements.

The Funds have evaluated subsequent events through the date of issuance of this report and have determined that there are no material events other than those noted above.

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the Registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the Registrant and in the capacities and on the dates indicated.


NUMBER OF CONTRACTS	COUNTERPARTY	DESCRIPTION	EXPIRATION DATE	VALUE AT TRADE DATE		VALUE AT JUNE 30, 2017		UNREALIZED APPRECIATION (DEPRECIATION)
Long Contracts:
256	GSCO	S&P 500 E-Mini Futures	09/2017	$	31,076,621	$	30,987,520	$	(89,101	)


NUMBER OF CONTRACTS	COUNTERPARTY	DESCRIPTION	EXPIRATION DATE	VALUE AT TRADE DATE		VALUE AT JUNE 30, 2017		UNREALIZED APPRECIATION (DEPRECIATION)
Long Contracts:
250	JPMS	E-Mini Russell 2000 Futures	09/2017	$	17,784,332	$	17,678,750	$	(105,582	)


NUMBER OF CONTRACTS	COUNTERPARTY	DESCRIPTION	EXPIRATION DATE	VALUE AT TRADE DATE		VALUE AT JUNE 30, 2017		UNREALIZED APPRECIATION (DEPRECIATION)
Long Contracts:
91	JPMS	E-Mini MSCI EAFE Index Futures	09/2017	$	8,625,559	$	8,597,680	$	(27,879	)


NUMBER OF CONTRACTS	COUNTERPARTY	DESCRIPTION	EXPIRATION DATE	VALUE AT TRADE DATE		VALUE AT JUNE 30, 2017		UNREALIZED APPRECIATION (DEPRECIATION)
Long Contracts:
97	BARC	E-Mini MSCI Emerging Markets Index Futures	09/2017	$	4,899,336	$	4,890,255	$	(9,081	)


NUMBER OF CONTRACTS	COUNTERPARTY	DESCRIPTION	EXPIRATION DATE		VALUE AT TRADE DATE		VALUE AT JUNE 30, 2017		UNREALIZED APPRECIATION (DEPRECIATION)
Long Contracts:
156	BARC	S&P 500 E-Mini Futures		09/2017	$	18,940,907	$	18,883,020	$	(57,887	)


COUNTERPARTY	UNDERLYING REFERENCE INSTRUMENT	TERMINATION DATE	CURRENCY		NOTIONAL VALUE			UNREALIZED APPRECIATION (DEPRECIATION)
GSIN	Hang Seng Index July Futures	07/2017		HKD		43,608,823		$	(14,639	)
GSIN	Swiss Market Index September Futures	09/2017		CHF		(10,525,944	)		(45,594	)

								$	(60,233	)


PURCHASE CONTRACTS	COUNTERPARTY	CURRENCY	CURRENCY AMOUNT PURCHASED		VALUE AT SETTLEMENT DATE		VALUE AT JUNE 30, 2017		UNREALIZED APPRECIATION (DEPRECIATION)
Australian Dollar, Expiring 09/20/17	CITG	AUD		7,766,000	$	5,802,651	$	5,963,045	$	160,394
Australian Dollar, Expiring 09/20/17	JPMC	AUD		11,649,000		8,703,962		8,944,568		240,606
Canadian Dollar, Expiring 09/20/17	CITG	CAD		3,927,200		2,955,281		3,032,156		76,875
Canadian Dollar, Expiring 09/20/17	JPMC	CAD		4,507,800		3,406,874		3,480,433		73,559
Swiss Franc, Expiring 09/20/17	CITG	CHF		158,400		163,207		166,021		2,814
Swiss Franc, Expiring 09/20/17	JPMC	CHF		237,600		244,811		249,031		4,220
Danish Krone, Expiring 09/20/17	CITG	DKK		970,400		147,527		149,712		2,185
Danish Krone, Expiring 09/20/17	JPMC	DKK		246,600		37,582		38,045		463
Euro, Expiring 09/20/17	CITG	EUR		8,442,000		9,509,949		9,681,921		171,972
Euro, Expiring 09/20/17	JPMC	EUR		10,743,000		12,116,066		12,320,880		204,814
British Pound, Expiring 09/20/17	CITG	GBP		2,388,399		3,101,947		3,118,296		16,349
British Pound, Expiring 09/20/17	JPMC	GBP		3,582,598		4,652,925		4,677,444		24,519
Hong Kong Dollar, Expiring 09/20/17	CITG	HKD		1,486,000		191,169		190,741		(428	)
Hong Kong Dollar, Expiring 09/20/17	JPMC	HKD		1,212,000		155,885		155,571		(314	)
Israeli Shekel, Expiring 09/20/17	CITG	ILS		768,000		216,907		220,848		3,941
Israeli Shekel, Expiring 09/20/17	JPMC	ILS		833,999		235,105		239,826		4,721
Japanese Yen, Expiring 09/20/17	CITG	JPY		1,483,756,600		13,442,394		13,237,088		(205,306	)
Japanese Yen, Expiring 09/20/17	JPMC	JPY		2,022,182,400		18,336,370		18,040,563		(295,807	)
Norwegian Krone, Expiring 09/20/17	CITG	NOK		2,822,001		335,402		338,535		3,133
Norwegian Krone, Expiring 09/20/17	JPMC	NOK		4,233,000		503,102		507,801		4,699
New Zealand Dollar, Expiring 09/20/17	CITG	NZD		547,600		394,514		400,704		6,190
New Zealand Dollar, Expiring 09/20/17	JPMC	NZD		821,400		591,772		601,055		9,283
Swedish Krona, Expiring 09/20/17	CITG	SEK		1,725,600		200,027		205,741		5,714
Swedish Krona, Expiring 09/20/17	JPMC	SEK		2,588,400		300,040		308,611		8,571
Singapore Dollar, Expiring 09/20/17	CITG	SGD		378,000		273,442		274,898		1,456
Singapore Dollar, Expiring 09/20/17	JPMC	SGD		417,000		301,677		303,259		1,582

					$	86,320,588	$	86,846,793	$	526,205


SALES CONTRACTS	COUNTERPARTY	CURRENCY	CURRENCY AMOUNT SOLD			VALUE AT SETTLEMENT DATE			VALUE AT JUNE 30, 2017			UNREALIZED APPRECIATION (DEPRECIATION)
Australian Dollar, Expiring 09/20/17	CITG	AUD		(181,600	)	$	(135,104	)	$	(139,440	)	$	(4,336	)
Australian Dollar, Expiring 09/20/17	JPMC	AUD		(272,400	)		(202,655	)		(209,160	)		(6,505	)
Canadian Dollar, Expiring 09/20/17	CITG	CAD		(2,060,001	)		(1,532,249	)		(1,590,506	)		(58,257	)
Canadian Dollar, Expiring 09/20/17	JPMC	CAD		(3,090,001	)		(2,298,371	)		(2,385,763	)		(87,392	)
Swiss Franc, Expiring 09/20/17	CITG	CHF		(7,579,800	)		(7,873,991	)		(7,944,476	)		(70,485	)
Swiss Franc, Expiring 09/20/17	JPMC	CHF		(10,066,200	)		(10,454,178	)		(10,550,503	)		(96,325	)
Danish Krone, Expiring 09/20/17	CITG	DKK		(2,433,800	)		(367,610	)		(375,485	)		(7,875	)
Danish Krone, Expiring 09/20/17	JPMC	DKK		(3,181,200	)		(480,269	)		(490,794	)		(10,525	)
Euro, Expiring 09/20/17	CITG	EUR		(1,533,600	)		(1,728,243	)		(1,758,847	)		(30,604	)
Euro, Expiring 09/20/17	JPMC	EUR		(2,300,400	)		(2,592,362	)		(2,638,272	)		(45,910	)
British Pound, Expiring 09/20/17	CITG	GBP		(3,122,400	)		(4,033,704	)		(4,076,610	)		(42,906	)
British Pound, Expiring 09/20/17	JPMC	GBP		(4,683,600	)		(6,050,451	)		(6,114,912	)		(64,461	)
Hong Kong Dollar, Expiring 09/20/17	CITG	HKD		(3,096,400	)		(398,387	)		(397,451	)		936
Hong Kong Dollar, Expiring 09/20/17	JPMC	HKD		(3,378,600	)		(434,724	)		(433,673	)		1,051
Israeli Shekel, Expiring 09/20/17	CITG	ILS		(12,000	)		(3,357	)		(3,451	)		(94	)
Japanese Yen, Expiring 09/20/17	CITG	JPY		(157,199,200	)		(1,430,236	)		(1,402,426	)		27,810
Japanese Yen, Expiring 09/20/17	JPMC	JPY		(114,715,800	)		(1,033,451	)		(1,023,418	)		10,033
New Zealand Dollar, Expiring 09/20/17	CITG	NZD		(3,331,200	)		(2,329,166	)		(2,437,588	)		(108,422	)
New Zealand Dollar, Expiring 09/20/17	JPMC	NZD		(4,996,799	)		(3,493,744	)		(3,656,381	)		(162,637	)
Swedish Krona, Expiring 09/20/17	CITG	SEK		(33,219,201	)		(3,840,168	)		(3,960,668	)		(120,500	)
Swedish Krona, Expiring 09/20/17	JPMC	SEK		(49,828,800	)		(5,760,209	)		(5,941,008	)		(180,799	)
Singapore Dollar, Expiring 09/20/17	CITG	SGD		(157,600	)		(113,773	)		(114,614	)		(841	)
Singapore Dollar, Expiring 09/20/17	JPMC	SGD		(236,400	)		(170,660	)		(171,920	)		(1,260	)

							(56,757,062	)		(57,817,366	)		(1,060,304	)

						$	29,563,526		$	29,029,427		$	(534,099	)


AUD	-	Australian Dollar
CAD	-	Canadian Dollar
CHF	-	Swiss Franc
DKK	-	Danish Krone
EUR	-	Euro
GBP	-	British Pound
HKD	-	Hong Kong Dollar
ILS	-	Israeli Shekel
JPY	-	Japanese Yen
NOK	-	Norwegian Krone
NZD	-	New Zealand Dollar
SEK	-	Swedish Krona
SGD	-	Singapore Dollar


COUNTERPARTY	OVER THE COUNTER		EXCHANGE TRADED		TOTAL
BARC
Cash		$—		$6,255,303		$6,255,303
CITG
Cash		100,000		—		100,000
Investment Companies		80,201		—		80,201
GSIN
Investment Companies		10,000		—		10,000
JPMC
Investment Companies		1,810,000		—		1,810,000


COUNTERPARTY	DESCRIPTION	TERMINATION DATE**	VALUE (Note 5)
JPMC	The Fund receives the total return on a portfolio of long and short positions and pays or receives the Mexico Equilibrium Interbank Interest Rate plus or minus a specified spread, which is denominated in MXN based on the local currencies of the positions within the swaps.	55-61 months maturity ranging from 12/20/2021-06/06/2022	$	4,643


COUNTERPARTY	DESCRIPTION	TERMINATION DATE**	VALUE (Note 5)
JPMC	The Fund receives the total return on a portfolio of long and short positions and pays or receives the London Interbank Offered Rate (“LIBOR”) plus or minus a specified spread, which is denominated in USD based on the local currencies of the positions within the swaps.	55-61 months maturity ranging from 12/20/2021-05/25/2022	$	(80,015	)


AQR LARGE CAP MULTI-STYLE FUND	LEVEL 1			LEVEL 2		LEVEL 3		TOTALS
*ASSETS*
Common Stocks	$	1,614,753,507		$	—	$	—	$	1,614,753,507
Securities Lending Collateral		—			5,865,800		—		5,865,800
Short-Term Investments		—			54,511,494		—		54,511,494

Total Assets	$	1,614,753,507		$	60,377,294	$	—	$	1,675,130,801

*LIABILITIES*
Futures Contracts*	$	(89,101	)	$	—	$	—	$	(89,101	)

Total Liabilities	$	(89,101	)	$	—	$	—	$	(89,101	)


AQR SMALL CAP MULTI-STYLE FUND	LEVEL 1			LEVEL 2		LEVEL 3		TOTALS
*ASSETS*
Common Stocks	$	727,537,074		$	—	$	—	$	727,537,074
Rights		—			—		56,646		56,646
Securities Lending Collateral		—			39,659,812		—		39,659,812
Short-Term Investments		—			23,883,087		—		23,883,087

Total Assets	$	727,537,074		$	63,542,899	$	56,646	$	791,136,619

*LIABILITIES*
Futures Contracts*	$	(105,582	)	$	—	$	—	$	(105,582	)

Total Liabilities	$	(105,582	)	$	—	$	—	$	(105,582	)

AQR INTERNATIONAL MULTI-STYLE FUND	LEVEL 1			LEVEL 2		LEVEL 3		TOTALS
*ASSETS*
Common Stocks†	$	39,087,547		$	396,037,302	$	—	$	435,124,849
Securities Lending Collateral		—			1,315,968		—		1,315,968
Short-Term Investments		—			13,011,068		—		13,011,068

Total Assets	$	39,087,547		$	410,364,338	$	—	$	449,451,885

*LIABILITIES*
Futures Contracts*	$	(27,879	)	$	—	$	—	$	(27,879	)

Total Liabilities	$	(27,879	)	$	—	$	—	$	(27,879	)


AQR EMERGING MULTI-STYLE FUND	LEVEL 1			LEVEL 2		LEVEL 3		TOTALS
*ASSETS*
Common Stocks†	$	91,363,393		$	205,482,415	$	—	$	296,845,808
Securities Lending Collateral		—			2,840,175		—		2,840,175
Short-Term Investments		—			9,542,774		—		9,542,774

Total Assets	$	91,363,393		$	217,865,364	$	—	$	309,228,757

*LIABILITIES*
Futures Contracts*	$	(9,081	)	$	—	$	—	$	(9,081	)

Total Liabilities	$	(9,081	)	$	—	$	—	$	(9,081	)


AQR TM LARGE CAP MULTI-STYLE FUND	LEVEL 1			LEVEL 2		LEVEL 3		TOTALS
*ASSETS*
Common Stocks	$	199,597,948		$	—	$	—	$	199,597,948
Exchange Traded Funds		4,242,381			—		—		4,242,381
Securities Lending Collateral		—			747,600		—		747,600
Short-Term Investments		—			3,600,881		—		3,600,881

Total Assets	$	203,840,329		$	4,348,481	$	—	$	208,188,810


AQR TM SMALL CAP MULTI-STYLE FUND	LEVEL 1			LEVEL 2		LEVEL 3		TOTALS
*ASSETS*
Common Stocks	$	26,075,084		$	—	$	—	$	26,075,084
Exchange Traded Funds		1,324,930			—		—		1,324,930
Rights		—			—		1,139		1,139
Securities Lending Collateral		—			940,170		—		940,170
Short-Term Investments		—			343,730		—		343,730

Total Assets	$	27,400,014		$	1,283,900	$	1,139	$	28,685,053


AQR TM INTERNATIONAL MULTI-STYLE FUND	LEVEL 1			LEVEL 2		LEVEL 3			TOTALS
*ASSETS*
Common Stocks†	$	14,298,146		$	148,830,150	$	—		$	163,128,296
Short-Term Investments		—			5,848,241		—			5,848,241

Total Assets	$	14,298,146		$	154,678,391	$	—		$	168,976,537

*LIABILITIES*
Futures Contracts*	$	(12,787	)	$	—	$	—		$	(12,787	)

Total Liabilities	$	(12,787	)	$	—	$	—		$	(12,787	)

AQR TM EMERGING MULTI-STYLE FUND	LEVEL 1			LEVEL 2		LEVEL 3			TOTALS
*ASSETS*
Common Stocks†	$	100,295,367		$	218,253,413	$	—		$	318,548,780
Securities Lending Collateral		—			3,333,556		—			3,333,556
Short-Term Investments		—			8,129,336		—			8,129,336
Futures Contracts*		16,996			—		—			16,996

Total Assets	$	100,312,363		$	229,716,305	$	—		$	330,028,668


AQR LARGE CAP MOMENTUM STYLE FUND	LEVEL 1			LEVEL 2		LEVEL 3			TOTALS
*ASSETS*
Common Stocks	$	918,519,469		$	—	$	—		$	918,519,469
Securities Lending Collateral		—			5,979,964		—			5,979,964
Short-Term Investments		—			25,243,307		—			25,243,307

Total Assets	$	918,519,469		$	31,223,271	$	—		$	949,742,740

*LIABILITIES*
Futures Contracts*	$	(57,887	)	$	—	$	—		$	(57,887	)

Total Liabilities	$	(57,887	)	$	—	$	—		$	(57,887	)


AQR SMALL CAP MOMENTUM STYLE FUND	LEVEL 1			LEVEL 2		LEVEL 3			TOTALS
*ASSETS*
Common Stocks	$	341,253,420		$	—	$	—	(a)	$	341,253,420
Rights		—			—		3,020			3,020
Securities Lending Collateral		—			21,214,784		—			21,214,784
Short-Term Investments		—			10,362,399		—			10,362,399
Warrants		—			—		—	(a)		—	(a)

Total Assets	$	341,253,420		$	31,577,183	$	3,020		$	372,833,623

*LIABILITIES*
Futures Contracts*	$	(50,171	)	$	—	$	—		$	(50,171	)

Total Liabilities	$	(50,171	)	$	—	$	—		$	(50,171	)


AQR INTERNATIONAL MOMENTUM STYLE FUND	LEVEL 1			LEVEL 2		LEVEL 3			TOTALS
*ASSETS*
Common Stocks†	$	25,641,816		$	342,169,786	$	40,908		$	367,852,510
Securities Lending Collateral		—			130,832		—			130,832
Short-Term Investments		—			7,466,500		—			7,466,500

Total Assets	$	25,641,816		$	349,767,118	$	40,908		$	375,449,842

*LIABILITIES*
Futures Contracts*	$	(16,075	)	$	—	$	—		$	(16,075	)

Total Liabilities	$	(16,075	)	$	—	$	—		$	(16,075	)


AQR EMERGING MOMENTUM STYLE FUND	LEVEL 1			LEVEL 2		LEVEL 3			TOTALS
*ASSETS*
Common Stocks†	$	2,208,981		$	9,705,592	$	—	(a)	$	11,914,573
Exchange Traded Funds†		228,928			—		—			228,928
Securities Lending Collateral		—			126,441		—			126,441
Short-Term Investments		—			169,584		—			169,584

Total Assets	$	2,437,909		$	10,001,617	$	—	(a)	$	12,439,526


AQR TM LARGE CAP MOMENTUM STYLE FUND	LEVEL 1			LEVEL 2		LEVEL 3			TOTALS
*ASSETS*
Common Stocks	$	156,503,016		$	—	$	—		$	156,503,016
Securities Lending Collateral		—			803,667		—			803,667
Short-Term Investments		—			4,171,954		—			4,171,954

Total Assets	$	156,503,016		$	4,975,621	$	—		$	161,478,637

*LIABILITIES*
Futures Contracts*	$	(8,018	)	$	—	$	—		$	(8,018	)

Total Liabilities	$	(8,018	)	$	—	$	—		$	(8,018	)

AQR TM SMALL CAP MOMENTUM STYLE FUND	LEVEL 1			LEVEL 2		LEVEL 3			TOTALS
*ASSETS*
Common Stocks	$	41,546,498		$	—	$	—		$	41,546,498
Exchange Traded Funds		905,552			—		—			905,552
Securities Lending Collateral		—			1,969,254		—			1,969,254
Short-Term Investments		—			579,373		—			579,373

Total Assets	$	42,452,050		$	2,548,627	$	—		$	45,000,677


AQR TM INTERNATIONAL MOMENTUM STYLE FUND	LEVEL 1			LEVEL 2		LEVEL 3			TOTALS
*ASSETS*
Common Stocks†	$	5,896,263		$	80,986,198	$	1,426		$	86,883,887
Securities Lending Collateral		—			364,373		—			364,373
Short-Term Investments		—			2,683,853		—			2,683,853

Total Assets	$	5,896,263		$	84,034,424	$	1,426		$	89,932,113

*LIABILITIES*
Futures Contracts*	$	(8,766	)	$	—	$	—		$	(8,766	)

Total Liabilities	$	(8,766	)	$	—	$	—		$	(8,766	)

AQR LARGE CAP DEFENSIVE STYLE FUND	LEVEL 1			LEVEL 2		LEVEL 3			TOTALS
*ASSETS*
Common Stocks	$	1,070,811,541		$	—	$	—		$	1,070,811,541
Securities Lending Collateral		—			409,188		—			409,188
Short-Term Investments		—			66,943,218		—			66,943,218

Total Assets	$	1,070,811,541		$	67,352,406	$	—		$	1,138,163,947

*LIABILITIES*
Futures Contracts*	$	(288,936	)	$	—	$	—		$	(288,936	)

Total Liabilities	$	(288,936	)	$	—	$	—		$	(288,936	)


AQR INTERNATIONAL DEFENSIVE STYLE FUND	LEVEL 1			LEVEL 2			LEVEL 3		TOTALS
*ASSETS*
Common Stocks†	$	21,045,580		$	147,424,588		$	—	$	168,470,168
Securities Lending Collateral		—			1,406,518			—		1,406,518
Short-Term Investments		—			8,006,461			—		8,006,461

Total Assets	$	21,045,580		$	156,837,567		$	—	$	177,883,147

*LIABILITIES*
Futures Contracts*	$	(20,895	)	$	—		$	—	$	(20,895	)

Total Liabilities	$	(20,895	)	$	—		$	—	$	(20,895	)


AQR EMERGING DEFENSIVE STYLE FUND	LEVEL 1			LEVEL 2			LEVEL 3		TOTALS
*ASSETS*
Common Stocks†	$	12,981,938		$	47,017,327		$	1	$	59,999,266
Securities Lending Collateral		—			882,000			—		882,000
Short-Term Investments		—			3,231,643			—		3,231,643
Futures Contracts*		5,631			—			—		5,631

Total Assets	$	12,987,569		$	51,130,970		$	1	$	64,118,540


AQR GLOBAL EQUITY FUND	LEVEL 1			LEVEL 2			LEVEL 3		TOTALS
*ASSETS*
Common Stocks†	$	96,880,709		$	59,838,598		$	1,986	$	156,721,293
Securities Lending Collateral		—			102,351			—		102,351
Short-Term Investments		—			12,778,052			—		12,778,052
Forward Foreign Currency Exchange Contracts*		—			1,067,890			—		1,067,890

Total Assets	$	96,880,709		$	73,786,891		$	1,986	$	170,669,586

*LIABILITIES*
Futures Contracts*	$	(932,577	)	$	—		$	—	$	(932,577	)
Forward Foreign Currency Exchange Contracts*		—			(1,601,989	)		—		(1,601,989	)
Total Return Swap Contracts*		—			(60,233	)		—		(60,233	)

Total Liabilities	$	(932,577	)	$	(1,662,222	)	$	—	$	(2,594,799	)


AQR INTERNATIONAL EQUITY FUND	LEVEL 1			LEVEL 2			LEVEL 3		TOTALS
*ASSETS*
Common Stocks†	$	—		$	346,305,656		$	2,955	$	346,308,611
Short-Term Investments		—			25,772,115			—		25,772,115
Forward Foreign Currency Exchange Contracts*		—			2,373,039			—		2,373,039

Total Assets	$	—		$	374,450,810		$	2,955	$	374,453,765

*LIABILITIES*
Futures Contracts*	$	(990,284	)	$	—		$	—	$	(990,284	)
Forward Foreign Currency Exchange Contracts*		—			(3,618,043	)		—		(3,618,043	)
Total Return Swap Contracts*		—			(165,551	)		—		(165,551	)

Total Liabilities	$	(990,284	)	$	(3,783,594	)	$	—	$	(4,773,878	)


AQR LARGE CAP RELAXED CONSTRAINT EQUITY FUND	LEVEL 1			LEVEL 2			LEVEL 3		TOTALS
*ASSETS*
Common Stocks	$	19,095,534		$	—		$	—	$	19,095,534
Exchange Traded Funds		146,047			—			—		146,047
Short-Term Investments		—			157,152			—		157,152

Total Assets	$	19,241,581		$	157,152		$	—	$	19,398,733

*LIABILITIES*
Common Stocks (Sold Short)	$	(4,449,937	)	$	—		$	—	$	(4,449,937	)

Total Liabilities	$	(4,449,937	)	$	—		$	—	$	(4,449,937	)


AQR SMALL CAP RELAXED CONSTRAINT EQUITY FUND	LEVEL 1			LEVEL 2			LEVEL 3		TOTALS
*ASSETS*
Common Stocks	$	3,634,489		$	—		$	—	$	3,634,489
Exchange Traded Funds		32,130			—			—		32,130
Rights		—			—			171		171
Short-Term Investments		—			64,047			—		64,047

Total Assets	$	3,666,619		$	64,047		$	171	$	3,730,837

*LIABILITIES*
Common Stocks (Sold Short)	$	(840,820	)	$	—		$	—	$	(840,820	)

Total Liabilities	$	(840,820	)	$	—		$	—	$	(840,820	)


AQR INTERNATIONAL RELAXED CONSTRAINT EQUITY FUND	LEVEL 1			LEVEL 2			LEVEL 3		TOTALS
*ASSETS*
Common Stocks†	$	—		$	11,106,774		$	—	$	11,106,774
Exchange Traded Funds†		565,675			—			—		565,675
Short-Term Investments		—			112,536			—		112,536

Total Assets	$	565,675		$	11,219,310		$	—	$	11,784,985

*LIABILITIES*
Common Stocks (Sold Short)†	$	—		$	(2,534,167	)	$	—	$	(2,534,167	)

Total Liabilities	$	—		$	(2,534,167	)	$	—	$	(2,534,167	)


AQR EMERGING RELAXED CONSTRAINT EQUITY FUND	LEVEL 1			LEVEL 2			LEVEL 3		TOTALS
*ASSETS*
Common Stocks†	$	1,590,465		$	3,559,028		$	—	$	5,149,493
Exchange-Traded Funds†		285,342			—			—		285,342
Short-Term Investments		—			1,188,481			—		1,188,481
Total Return Basket Swap Contracts*		—			244,624			—		244,624

Total Assets	$	1,875,807		$	4,992,133		$	—	$	6,867,940

*LIABILITIES*
Total Return Basket Swap Contracts*	$	—		$	(81,025	)	$	—	$	(81,025	)

Total Liabilities	$	—		$	(81,025	)	$	—	$	(81,025	)


FUND	COST OF INVESTMENTS		GROSS UNREALIZED APPRECIATION		GROSS UNREALIZED DEPRECIATION			NET UNREALIZED APPRECIATION (DEPRECIATION)

AQR Large Cap Multi-Style Fund	$	1,420,295,470	$	266,514,209	$	(11,678,878	)	$	254,835,331
AQR Small Cap Multi-Style Fund		652,478,880		152,679,324		(14,021,585	)		138,657,739
AQR International Multi-Style Fund		401,629,351		55,355,305		(7,532,771	)		47,822,534
AQR Emerging Multi-Style Fund		258,649,178		56,254,371		(5,674,792	)		50,579,579
AQR TM Large Cap Multi-Style Fund		178,820,562		30,497,263		(1,129,015	)		29,368,248
AQR TM Small Cap Multi-Style Fund		24,447,714		4,730,517		(493,178	)		4,237,339
AQR TM International Multi-Style Fund		146,230,964		24,201,704		(1,456,131	)		22,745,573
AQR TM Emerging Multi-Style Fund		263,670,406		70,771,322		(4,430,056	)		66,341,266
AQR Large Cap Momentum Style Fund		775,748,320		184,485,484		(10,491,064	)		173,994,420
AQR Small Cap Momentum Style Fund		299,828,382		81,390,756		(8,385,515	)		73,005,241
AQR International Momentum Style Fund		326,104,424		53,102,486		(3,757,068	)		49,345,418
AQR Emerging Momentum Style Fund		10,307,025		2,252,801		(120,300	)		2,132,501
AQR TM Large Cap Momentum Style Fund		127,592,716		35,942,655		(2,056,734	)		33,885,921
AQR TM Small Cap Momentum Style Fund		36,151,368		10,040,650		(1,191,341	)		8,849,309
AQR TM International Momentum Style Fund		79,434,723		12,373,282		(1,875,892	)		10,497,390
AQR Large Cap Defensive Style Fund		952,587,031		188,730,848		(3,153,932	)		185,576,916
AQR International Defensive Style Fund		163,440,241		18,616,152		(4,173,246	)		14,442,906
AQR Emerging Defensive Style Fund		60,105,687		7,084,639		(3,077,417	)		4,007,222
AQR Global Equity Fund		144,684,888		27,176,610		(2,259,802	)		24,916,808
AQR International Equity Fund		326,334,193		52,289,902		(6,543,369	)		45,746,533
AQR Large Cap Relaxed Constraint Equity Fund		18,949,309		695,046		(245,622	)		449,424
AQR Small Cap Relaxed Constraint Equity Fund		3,734,690		222,659		(226,512	)		(3,853	)
AQR International Relaxed Constraint Equity Fund		11,014,602		884,054		(113,671	)		770,383
AQR Emerging Relaxed Constraint Equity Fund		5,944,355		773,941		(94,980	)		678,961


	ASSETS						LIABILITIES
FUND	UNREALIZED APPRECIATION ON FUTURES CONTRACTS*		SWAPS AT VALUE		UNREALIZED APPRECIATION ON FORWARD CURRENCY EXCHANGE CONTRACTS		UNREALIZED DEPRECIATION ON FUTURES CONTRACTS*		SWAPS AT VALUE		UNREALIZED DEPRECIATION ON FORWARD CURRENCY EXCHANGE CONTRACTS
Equity Risk Exposure:
AQR Large Cap Multi-Style Fund	$	—	$	—	$	—	$	89,101	$	—	$	—
AQR Small Cap Multi-Style Fund		—		—		—		105,582		—		—
AQR International Multi-Style Fund		—		—		—		27,879		—		—
AQR Emerging Multi-Style Fund		—		—		—		9,081		—		—
AQR TM International Multi-Style Fund		—		—		—		12,787		—		—
AQR TM Emerging Multi-Style Fund		16,996		—		—		—		—		—
AQR Large Cap Momentum Style Fund		—		—		—		57,887		—		—
AQR Small Cap Momentum Style Fund		—		—		—		50,171		—		—
AQR International Momentum Style Fund		—		—		—		16,075		—		—
AQR TM Large Cap Momentum Style Fund		—		—		—		8,018		—		—
AQR TM International Momentum Style Fund		—		—		—		8,766		—		—
AQR Large Cap Defensive Style Fund		—		—		—		288,936		—		—
AQR International Defensive Style Fund		—		—		—		20,895		—		—
AQR Emerging Defensive Style Fund		5,631		—		—		—		—		—
AQR Global Equity Fund		457,759		—		—		1,390,336		60,233		—
AQR International Equity Fund		1,979,918		—		—		2,970,202		165,551		—
AQR Emerging Relaxed Constraint Equity Fund		—		244,624		—		—		81,025		—

Foreign Exchange Rate Risk Exposure:
AQR Global Equity Fund		—		—		1,067,890		—		—		1,601,989
AQR International Equity Fund		—		—		2,373,039		—		—		3,618,043

Netting:
AQR Global Equity Fund		(457,759)		—		(1,067,890)		(457,759)		—		(1,067,890)
AQR International Equity Fund		(1,979,918)		—		(2,373,039)		(1,979,918)		—		(2,373,039)
AQR Emerging Relaxed Constraint Equity Fund		—		(81,025)		—		—		(81,025)		—