UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

Investment Company Act File Number 811-10467

Causeway Capital Management Trust

(Exact name of registrant as specified in charter)

11111 Santa Monica Boulevard, 15th Floor

Los Angeles, CA 90025

(Address of principal executive offices) (Zip code)

SEI Investments Global Funds Services

One Freedom Valley Drive

Oaks, PA 19456

(Name and address of agent for service)

Registrant’s telephone number, including area code: 1-866-947-7000

Date of fiscal year end: September 30

Date of reporting period: April 1, 2014 to June 30, 2014

Item 1. Schedule of Investments

SCHEDULE OF INVESTMENTS (000)*

June 30, 2014 (Unaudited)

Causeway Emerging Markets Fund	Number of Shares		Value
COMMON STOCK
Brazil — 4.2%
Banco do Brasil SA		607,600	$	6,820
Even Construtora e Incorporadora SA		468,200		1,388
JBS SA		1,614,000		5,501
Light SA		538,200		5,298
M Dias Branco SA		38,700		1,697
Petroleo Brasileiro SA, Class A ADR		500,200		7,823
Porto Seguro SA		269,000		3,842
Tractebel Energia SA		116,900		1,756
				34,125
China — 13.7%
Bank of China Ltd., Class H		30,503,000		13,657
China CITIC Bank Corp. Ltd., Class H		10,579,000		6,415
China Communications Construction Co. Ltd., Class H		8,568,000		5,749
China Construction Bank Corp., Class H		10,179,000		7,696
China Lumena New Materials Corp.2,5		10,760,000		694
China Petroleum & Chemical Corp., Class H		17,084,000		16,289
China Railway Construction Corp. Ltd., Class H		9,216,000		8,110
China Railway Group Ltd., Class H		13,238,000		6,473
China Yuchai International Ltd.		70,100		1,488
Datang International Power Generation Co. Ltd., Class H		3,796,000		1,484
Dongfeng Motor Group Co. Ltd., Class H		4,752,000		8,510
FerroChina Ltd.1,2,3		258,000		—
Guangzhou R&F Properties Co. Ltd., Class H		4,260,000		5,260
Industrial & Commercial Bank of China, Class H		12,257,000		7,749
PetroChina Co. Ltd., Class H		3,062,000		3,868
Shimao Property Holdings Ltd.		1,679,500		3,086
Sihuan Pharmaceutical Holdings Group Ltd.		15,348,000		9,387
Skyworth Digital Holdings Ltd.		7,438,000		3,551
WuXi PharmaTech Cayman Inc. ADR3		59,200		1,945
				111,411
India — 10.6%
Cairn India Ltd.		1,667,768		10,122
Dr Reddy’s Laboratories Ltd.		79,805		3,482
HCL Technologies Ltd.		182,836		4,560
Indiabulls Housing Finance Ltd.		458,931		2,900
Karnataka Bank Ltd.		976,879		2,276
Lupin Ltd.		194,166		3,383
NMDC Ltd.		2,702,112		8,199
Oil & Natural Gas Corp. Ltd.		393,517		2,780
Power Finance Corp. Ltd.		2,710,563		13,840
Rural Electrification Corp. Ltd.		1,380,384		8,246
Sintex Industries Ltd.		2,935,188		4,795
Sun Pharmaceutical Industries Ltd.		492,057		5,628

1

SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2014 (Unaudited)

Causeway Emerging Markets Fund	Number of Shares		Value
India — (continued)
Tata Motors Ltd.		1,432,126	$	10,270
UPL Ltd.		952,015		5,405
				85,886
Indonesia — 1.0%
Adhi Karya Persero		15,170,900		3,564
Bank Rakyat Indonesia Persero		1,709,200		1,488
Indofood Sukses Makmur Tbk PT		2,275,900		1,286
Kalbe Farma		12,931,000		1,811
				8,149
Malaysia — 2.4%
IJM Corp. BHD		2,433,900		5,078
Tenaga Nasional Bhd		3,463,200		13,137
UMW Holdings Bhd		422,900		1,438
				19,653
Mexico — 1.3%
Alfa SAB de CV, Class A		1,795,600		4,969
Grupo Financiero Santander Mexico SAB de CV, Class B		676,200		1,793
Kimberly-Clark de Mexico SAB de CV, Class A		1,236,000		3,469
				10,231
Philippines — 0.2%
Megaworld Corp.		17,311,000		1,785
Poland — 4.0%
PGE SA		1,834,445		13,078
Polski Koncern Naftowy Orlen SA		138,298		1,867
Powszechny Zaklad Ubezpieczen SA		89,983		13,148
Tauron Polska Energia SA		2,518,170		4,287
				32,380
Qatar — 0.9%
Barwa Real Estate Co.		355,257		3,464
Commercial Bank of Qatar QSC		94,675		1,610
Industries Qatar QSC		47,818		2,220
				7,294
Russia — 3.9%
Gazprom OAO ADR		1,437,256		12,526
LUKOIL OAO ADR		259,969		15,523
Phosagro OAO GDR		214,613		2,672
Tatneft ADR		35,040		1,360
				32,081
South Africa — 9.3%
Barloworld Ltd.		478,438		4,555
FirstRand Ltd.		3,442,948		13,192

2

SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2014 (Unaudited)

Causeway Emerging Markets Fund	Number of Shares		Value
South Africa — (continued)
Imperial Holdings Ltd.		52,049	$	979
Liberty Holdings Ltd.		147,608		1,804
MMI Holdings Ltd.		696,038		1,718
Naspers Ltd., Class N		69,690		8,204
Redefine Properties Ltd. 4		2,147,851		1,937
Sanlam Ltd.		503,417		2,923
Sasol Ltd.		282,590		16,803
Sibanye Gold Ltd.		3,579,524		9,606
Steinhoff International Holdings Ltd.		1,529,850		8,523
Vodacom Group Ltd.		403,795		4,991
				75,235
South Korea — 14.2%
CJ Corp.		16,938		2,344
Daesang Corp.		59,010		2,680
Hanwha Corp.		169,260		4,324
Hyosung Corp.		22,309		1,491
Hyundai Marine & Fire Insurance Co. Ltd.		67,850		1,935
Kia Motors Corp.		192,966		10,794
KJB Financial Group Co. Ltd. 3		20,381		225
KNB Financial Group Co. Ltd. 3		321,446		4,082
Korea Electric Power Corp.		228,420		8,421
Korea Gas Corp.		34,636		1,890
KT Corp.		129,010		3,895
KT&G Corp.		157,144		13,900
Samsung Electronics Co. Ltd.		22,803		29,794
SK Holdings Co. Ltd.		38,383		6,923
SK Hynix Inc.		253,930		12,184
SK Telecom Co. Ltd. ADR		301,800		7,829
Woori Finance Holdings Co. Ltd.		268,601		3,199
				115,910
Taiwan — 14.6%
Asustek Computer Inc.		936,300		10,442
Chicony Electronics Co. Ltd.		603,655		1,630
Chong Hong Construction Co.		757,000		2,006
Compal Electronics Inc.		9,315,316		7,613
Coretronic Corp.		4,324,000		4,844
HON HAI Precision Industry Co. Ltd.		6,792,300		22,749
Inventec Corp.		5,241,000		5,020
Lite-On Technology Corp.		1,182,511		1,974
MediaTek Inc.		308,000		5,209
Merida Industry Co. Ltd.		395,150		2,620
Pegatron Corp.		6,052,000		11,553
Phison Electronics Corp.		400,000		3,222
Pou Chen Corp.		2,932,000		3,530
Powertech Technology Inc.		1,643,000		2,971

3

SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2014 (Unaudited)

Causeway Emerging Markets Fund	Number of Shares		Value
Taiwan — (continued)
President Chain Store Corp.		329,000	$	2,634
Taiwan Cement Corp.		1,177,000		1,782
Taiwan PCB Techvest Co. Ltd.		3,219,000		4,528
Taiwan Semiconductor Manufacturing Co. Ltd. ADR		820,500		17,551
Wistron Corp.		2,047,727		1,869
WPG Holdings Ltd.		3,936,000		5,418
				119,165
Thailand — 3.0%
Bangchak Petroleum		2,980,900		2,709
Bangkok Dusit Medical Services		4,945,000		2,544
PTT		724,200		7,096
PTT Global Chemical		2,376,200		4,942
Sansiri		42,400,700		2,639
Thai Airways International		3,196,500		1,458
Thanachart Capital		2,865,900		3,113
				24,501
Turkey — 2.2%
Eregli Demir ve Celik Fabrikalari TAS		3,129,236		5,598
Ford Otomotiv Sanayi AS		163,262		2,035
Kardemir Karabuk Demir Celik Sanayi ve Ticaret AS, Class D 3		3,006,507		2,781
Tupras Turkiye Petrol Rafinerileri AS		80,409		1,875
Turk Hava Yollari 3		709,558		2,174
Turk Traktor ve Ziraat Makineleri AS		107,810		3,511
				17,974
United Arab Emirates — 2.0%
Dubai Islamic Bank PJSC		5,525,138		9,703
Emaar Properties PJSC		911,200		2,086
First Gulf Bank PJSC		965,075		4,178
				15,967
Total Common Stock
(Cost $640,716) — 87.5%				711,747
EXCHANGE TRADED FUNDS
iShares MSCI Emerging Markets Index Fund		499,700		21,602
Vanguard FTSE Emerging Markets Fund		570,723		24,615
Total Exchange Traded Funds
(Cost $46,402) — 5.7%				46,217
PREFERENCE STOCK
Brazil — 2.9%
Cia Energetica de Sao Paulo, Class Preference		483,100		6,063
Cia Paranaense de Energia		398,400		6,085
Itausa - Investimentos Itau SA		975,500		3,815
Vale SA, Class B ADR		625,300		7,441
				23,404

4

SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2014 (Unaudited)

Causeway Emerging Markets Fund	Number of Shares		Value
Russia — 1.4%
Sberbank of Russia		2,166,274	$	4,399
Surgutneftegas OAO		8,619,432		7,104
				11,503
South Korea — 0.3%
LG Chemical Ltd.		14,749		2,814
Total Preference Stock
(Cost $38,480) — 4.6%				37,721
SHORT-TERM INVESTMENT
Dreyfus Cash Management, Institutional Class, 0.040% **		9,043,934		9,044
Total Short-Term Investment
(Cost $9,044) — 1.1%				9,044
Total Investments — 98.9%
(Cost $734,642) ‡				804,729
Other Assets in Excess of Liabilities — 1.1%				9,219
Net Assets — 100.0%			$	813,948

* Except for share data.

** The rate reported is the 7-day effective yield as of June 30, 2014.

1 Security is fair valued at zero due to company’s insolvency.

2 Security is considered illiquid. The total market value of such securities as of June 30, 2014 was $694 and represented 0.0% of net assets.

3 Non-income producing security.

4 Real Estate Investment Trust.

5 Security is fair valued due to a trading halt.

ADR American Depositary Receipt

FTSE Financial Times London Stock Exchange

GDR Global Depositary Receipt

MSCI Morgan Stanley Capital International

5

SCHEDULE OF INVESTMENTS (000) (concluded)

June 30, 2014 (Unaudited)

‡ At June 30, 2014, the tax basis cost of the Fund’s investments was $734,642 and the unrealized appreciation and depreciation were $87,946 and ($17,859), respectively.

The table below sets forth information about the Level within the fair value hierarchy at which the Fund’s investments are measured at June 30, 2014:

Investments in Securities	Level 1 (000)		Level 2† (000)		Level 3‡ (000)		Total (000)
Common Stock
Brazil	$	34,125	$	—	$	—	$	34,125
China		110,717		—		694		111,411
India		85,886		—		—		85,886
Indonesia		8,149		—		—		8,149
Malaysia		19,653		—		—		19,653
Mexico		10,231		—		—		10,231
Philippines		1,785		—		—		1,785
Poland		32,380		—		—		32,380
Qatar		7,294		—		—		7,294
Russia		32,081		—		—		32,081
South Africa		75,235		—		—		75,235
South Korea		115,910		—		—		115,910
Taiwan		119,165		—		—		119,165
Thailand		—		24,501		—		24,501
Turkey		17,974		—		—		17,974
United Arab Emirates		15,967		—		—		15,967
Total Common Stock		686,552		24,501		694		711,747
Exchange Traded Funds		46,217		—		—		46,217
Preference Stock
Brazil		23,404		—		—		23,404
Russia		—		11,503		—		11,503
South Korea		2,814		—		—		2,814
Total Preference Stock		26,218		11,503		—		37,721
Short-Term Investment		9,044		—		—		9,044
Total Investments in Securities	$	768,031	$	36,004	$	694	$	804,729

† Represents securities trading outside the United States, the values of which were adjusted as a result of significant market movements following the close of local trading, and/or in Thailand and Russia due to “Foreign Line” securities using “Local Line” prices.

‡ A reconciliation of Level 3 investments and disclosures of significant unobservable inputs are presented when the Fund has a significant amount of Level 3 investments at the beginning and/or end of the period in relation to net assets. Management has concluded that Level 3 investments are not material in relation to net assets.

Changes in valuation techniques may result in transfers in or out of an investment’s assigned level within the hierarchy during the reporting period. Changes in the classification between Levels 1 and 2 occur primarily when foreign equity securities are fair valued using other observable market–based inputs in place of closing exchange prices due to events occurring after foreign market closures. For the quarter ended June 30, 2014, other than the foregoing there were no transfers between Level 1 and Level 2 investments in securities. There was one transfer from Level 1 to Level 3 for a fair valuation due to a trading halt.

Amounts designated as “—” are $0.

For information on the Fund’s policy regarding valuation of investments, fair value hierarchy levels and other significant accounting policies, please refer to the Fund’s most recent semi-annual and annual financial statements.

CCM-QH-002-1500

6

Item 2. Controls and Procedures

(a) The certifying officers, whose certifications are included herewith, have evaluated the registrant’s disclosure controls and procedures (as such term is defined in Rule 30a-3(c) under the Investment Company Act of 1940) within 90 days of the filing date of this report. Based on their evaluation, the certifying officers have concluded that such disclosure controls and procedures are adequately designed, and are operating effectively to ensure that information required to be disclosed by the registrant in the reports it files or submits under the Investment Company Act of 1940 and the Securities Exchange Act of 1934 is recorded, processed, summarized and reported within the time periods specified in the Securities and Exchange Commission’s rules and forms.

(b) There were no changes in the registrant’s internal control over financial reporting (as such term is defined in Rule 30a-3(d) under the Investment Company Act of 1940) that occurred during the registrant’s last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant’s internal control over financial reporting.

Item 3. Exhibits.

(a) Separate certifications for the principal executive officer and the principal financial officer of the registrant as required by Rule 30a-2(a) under the Investment Company Act of 1940 are filed herewith.

SIGNATURES

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.

(Registrant)	Causeway Capital Management Trust
By (Signature and Title)	/s/ Turner Swan
	Turner Swan, President
Date: August 28, 2014
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.
By (Signature and Title)	/s/ Turner Swan
	Turner Swan, President
Date: August 28, 2014
By (Signature and Title)	/s/ Eric Kleinschmidt
	Eric Kleinschmidt, Treasurer
Date: August 28, 2014