NPORT-EX 2 IOF.htm SCHEDULE F FOR VALIDATION PURPOSES ONLY - [935822.TX]

SCHEDULE OF INVESTMENTS (000)*

June 30, 2020 (Unaudited)

 

Causeway International Opportunities Fund    Number of Shares        Value  
       

COMMON STOCK

 

Brazil — 1.5%

 

Banco do Brasil SA1

     77,900        $ 462  

CPFL Energia S.A.

      32,500          184  

IRB Brasil Resseguros SA

      28,900          59  

JBS SA

      147,700          580  

Lojas Renner SA

      20,322          158  

Petrobras Distribuidora SA

      97,600          386  

Qualicorp Consultoria e Corretora de Seguros SA

      34,600          186  

Vale SA, Class B ADR1

     54,741          564  
       

 

 

  
       2,579  
       

 

 

  

China — 12.3%

 

Agile Property Holdings Ltd.

      100,000          119  

Alibaba Group Holding Ltd. ADR1

     15,271          3,294  

Anhui Conch Cement Co. Ltd., Class H

      126,677          858  

Baidu Inc. ADR1

     3,353          402  

Bank of China Ltd., Class H

      2,203,000          816  

China Communications Construction Co. Ltd., Class H

      276,000          157  

China Construction Bank Corp., Class H

      2,050,401          1,668  

China Everbright International Ltd.

      96,000          51  

China Lumena New Materials Corp.1,2,3

     4,900          —  

China Mobile Ltd.

      60,516          409  

China Mobile Ltd. ADR

      2,835          95  

China Petroleum & Chemical Corp., Class H

      916,000          383  

China Railway Construction Corp. Ltd., Class H

      219,500          174  

China Railway Group Ltd., Class H

      295,000          152  

China Telecom Corp. Ltd., Class H

      368,000          103  

Daqo New Energy Corp. ADR1

     3,884          288  

Dongfeng Motor Group Co. Ltd., Class H

      170,000          102  

Fosun International Ltd.

      170,000          218  

Guangzhou R&F Properties Co. Ltd., Class H

      237,200          279  

JD.com Inc. ADR1

     15,800          951  

JinkoSolar Holding Co. Ltd. ADR1

     8,159          145  

JOYY Inc. ADR1

     3,377          299  

Kweichow Moutai Co. Ltd., Class A

      4,398          913  

KWG Property Holding Ltd.1

     209,904          357  

Lenovo Group Ltd.

      324,000          181  

NetEase Inc. ADR

      1,100          472  

New Oriental Education & Technology Group ADR1

     3,584          467  

Nine Dragons Paper Holdings Ltd.

      83,000          76  

PICC Property & Casualty Co. Ltd., Class H

      160,000          133  

Ping An Insurance Group Co. of China Ltd., Class H

      83,006          827  

Shanghai Pharmaceuticals Holding Co. Ltd., Class H

      95,839          161  

Shenzhen Overseas Chinese Town Co. Ltd., Class A

      360,100          310  

Shimao Group Holdings Ltd.

      143,500          613  

 

1

SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2020 (Unaudited)

 

Causeway International Opportunities Fund    Number of Shares        Value  
       

China — (continued)

 

Sinopharm Group Co. Ltd., Class H

      86,400        $ 222  

Tencent Holdings Ltd.

      60,331          3,866  

Vipshop Holdings Ltd. ADR1

     35,800          713  

Wuliangye Yibin Co. Ltd., Class A

      24,900          605  

Xinyi Glass Holdings Ltd.

      98,000          121  

Yum China Holdings Inc.

      12,835          617  

Zhejiang Expressway Co. Ltd., Class H

      200,000          142  
       

 

 

  
       21,759  
       

 

 

  

Finland — 0.1%

 

Wartsila OYJ Abp

      28,709          238  
       

 

 

  

France — 7.4%

 

Air France-KLM1

     184,338          837  

Airbus SE1

     20,395          1,461  

ArcelorMittal S.A.1

     59,460          630  

BNP Paribas SA1

     77,423          3,093  

Carrefour SA

      89,578          1,389  

Danone SA

      24,534          1,703  

Sanofi-Aventis SA

      13,433          1,370  

Total SA

      51,620          1,991  

Valeo S.A.

      1,743          46  

Vinci S.A.

      5,684          527  
       

 

 

  
       13,047  
       

 

 

  

Germany — 14.6%

 

Allianz SE

      8,180          1,672  

BASF SE

      83,451          4,687  

Bayer AG

      34,271          2,540  

Deutsche Post AG1

     89,795          3,297  

Infineon Technologies AG

      145,294          3,405  

Linde PLC

      11,142          2,360  

RWE AG

      21,926          768  

SAP SE

      20,331          2,842  

Siemens AG

      35,181          4,149  
       

 

 

  
       25,720  
       

 

 

  

India — 2.3%

 

Aurobindo Pharma Ltd.

      21,325          218  

Biocon Ltd.1

     25,039          129  

Dr Reddy’s Laboratories Ltd. ADR

      5,633          298  

HCL Technologies Ltd.

      51,549          380  

HDFC Bank Ltd. ADR

      4,100          186  

Hindalco Industries Ltd.

      94,927          186  

Hindustan Petroleum Corp. Ltd.

      49,410          142  

Hindustan Unilever Ltd.

      15,875          459  

ICICI Bank Ltd. ADR1

     53,920          501  

 

2

SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2020 (Unaudited)

 

Causeway International Opportunities Fund    Number of Shares        Value  
       

India — (continued)

 

Indian Oil Corp. Ltd.

      204,417        $ 232  

Jubilant Foodworks Ltd.

      5,547          127  

Larsen & Toubro Ltd.

      9,535          120  

Oil & Natural Gas Corp. Ltd.

      152,840          166  

REC Ltd.

      118,809          171  

Tata Consultancy Services Ltd.

      11,395          314  

Tata Steel Ltd.

      70,159          307  

Vedanta Ltd.

      56,725          81  
       

 

 

  
       4,017  
       

 

 

  

Indonesia — 0.1%

 

Indofood Sukses Makmur Tbk PT

      531,556          244  
       

 

 

  

Ireland — 1.5%

 

Ryanair Holdings PLC ADR1

     40,703          2,700  
       

 

 

  

Italy — 3.5%

 

Enel SpA

      114,274          988  

UniCredit SpA1

     555,650          5,128  
       

 

 

  
       6,116  
       

 

 

  

Japan — 7.3%

 

Fanuc Corp.

      20,600          3,693  

Komatsu Ltd.

      40,200          823  

Murata Manufacturing Co. Ltd.

      42,600          2,511  

Sompo Holdings Inc.

      12,800          441  

Sumitomo Mitsui Financial Group Inc.

      63,100          1,781  

Takeda Pharmaceutical Co. Ltd.

      101,600          3,650  
       

 

 

  
       12,899  
       

 

 

  

Malaysia — 0.6%

 

AirAsia Group Bhd1

     323,500          67  

Malayan Banking Bhd

      189,214          332  

Tenaga Nasional Bhd

      29,600          80  

Top Glove Corp. BHD

      139,000          525  
       

 

 

  
       1,004  
       

 

 

  

Mexico — 0.2%

 

Gruma SAB de CV, Class B

      5,588          60  

Grupo Financiero Banorte SAB de CV, Class 1

     92,960          322  
       

 

 

  
       382  
       

 

 

  

Netherlands — 3.1%

 

Akzo Nobel NV

      28,877          2,594  

 

3

SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2020 (Unaudited)

 

Causeway International Opportunities Fund    Number of Shares        Value  
       

Netherlands — (continued)

        

ING Groep NV1

     412,408        $ 2,875  
       

 

 

  
          5,469  
       

 

 

  

Peru — 0.2%

        

Credicorp Ltd.

      2,612          349  
       

 

 

  

Poland — 0.2%

        

PGE Polska Grupa Energetyczna SA1

     49,481          87  

Powszechny Zaklad Ubezpieczen SA

      33,350          245  
       

 

 

  
          332  
       

 

 

  

Qatar — 0.1%

        

Qatar National Bank QPSC

      17,226          83  
       

 

 

  

Russia — 1.6%

        

Gazprom PJSC ADR

      111,321          601  

Lukoil PJSC ADR

      11,575          861  

MMC Norilsk Nickel PJSC ADR

      16,355          427  

Mobile TeleSystems PJSC ADR

      33,601          309  

Sberbank of Russia PJSC ADR

      58,077          660  
       

 

 

  
          2,858  
       

 

 

  

South Africa — 0.4%

        

Absa Group Ltd.

      40,315          199  

African Rainbow Minerals Ltd.

      7,059          69  

Barloworld Ltd.

      19,645          78  

Exxaro Resources Ltd.

      11,549          88  

Sibanye Stillwater Ltd.1

     145,147          315  
       

 

 

  
          749  
       

 

 

  

South Korea — 4.2%

        

Daelim Industrial Co. Ltd.

      1,304          90  

Fila Holdings Corp.

      5,528          163  

Hana Financial Group Inc.

      19,908          453  

Hanwha Corp.

      5,012          94  

Hyosung Corp.

      2,437          128  

Hyundai Marine & Fire Insurance Co. Ltd.

      3,599          69  

KB Financial Group Inc.

      17,461          494  

Kia Motors Corp.

      16,289          440  

LG Corp.

      3,787          226  

LG Electronics Inc.

      4,266          226  

NAVER Corp.

      1,300          292  

POSCO

      3,568          520  

Samsung Electronics Co. Ltd.

      63,767          2,823  

SK Hynix Inc.

      10,246          732  

SK Telecom Co. Ltd.

      2,000          352  

 

4

SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2020 (Unaudited)

 

Causeway International Opportunities Fund    Number of Shares        Value  
       

South Korea — (continued)

   

Woori Financial Group Inc.

      28,012        $ 206  
       

 

 

  
          7,308  
       

 

 

  

Spain — 2.9%

   

Aena SME S.A.1

     6,058          810  

Amadeus IT Group S.A.

      25,438          1,336  

Banco Bilbao Vizcaya Argentaria S.A.

      468,106          1,612  

CaixaBank SA

      650,420          1,391  
       

 

 

  
          5,149  
       

 

 

  

Sweden — 0.7%

   

Swedbank AB1

     32,407          416  

Volvo AB, Class B1

     46,474          731  
       

 

 

  
          1,147  
       

 

 

  

Switzerland — 7.4%

   

ABB Ltd.

      201,412          4,569  

Cie Financiere Richemont SA

      46,648          3,009  

Novartis AG

      43,447          3,785  

Roche Holding AG

      5,060          1,753  
       

 

 

  
          13,116  
       

 

 

  

Taiwan — 4.6%

   

Accton Technology Corp.

      84,000          652  

Arcadyan Technology Corp.

      76,843          219  

Compal Electronics Inc.

      228,000          149  

Compeq Manufacturing Co. Ltd.

      175,000          286  

FLEXium Interconnect Inc.

      59,732          248  

Fubon Financial Holding Co. Ltd.

      237,396          355  

HON HAI Precision Industry Co. Ltd.

      198,292          582  

Inventec Corp.

      261,000          223  

Lite-On Technology Corp.

      122,896          194  

MediaTek Inc.

      41,000          811  

Pegatron Corp.

      61,938          135  

Powertech Technology Inc.

      147,000          536  

Sino-American Silicon Products Inc.

      108,000          350  

Taiwan Semiconductor Manufacturing Co. Ltd. ADR

      46,586          2,645  

WPG Holdings Ltd.

      124,080          166  

Yuanta Financial Holding Co. Ltd.

      425,130          253  

Zhen Ding Technology Holding Ltd.

      81,000          355  
       

 

 

  
          8,159  
       

 

 

  

Thailand — 0.7%

   

Bangkok Dusit Medical Services PCL, Class F

      183,000          134  

Charoen Pokphand Foods PCL

      535,400          552  

Kiatnakin Bank PCL

      82,900          108  

Thanachart Capital

      188,600          218  

 

5

SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2020 (Unaudited)

 

Causeway International Opportunities Fund    Number of Shares        Value  
       

Thailand — (continued)

 

Tisco Financial Group PCL

      125,400        $ 283  
       

 

 

  
       1,295  
       

 

 

  

Turkey — 0.3%

 

Haci Omer Sabanci Holding AS

      67,920          91  

Tekfen Holding AS

      85,355          212  

Turkcell Iletisim Hizmetleri AS

      82,078          196  
       

 

 

  
       499  
       

 

 

  

United Arab Emirates — 0.1%

 

DAMAC Properties Dubai Co. PJSC1

     150,622          28  

Dubai Islamic Bank PJSC

      91,485          96  
       

 

 

  
       124  
       

 

 

  

United Kingdom — 15.2%

 

AstraZeneca PLC

      16,467          1,714  

Aviva PLC

      544,378          1,845  

Balfour Beatty PLC1

     415,504          1,338  

Barclays PLC

      2,231,468          3,148  

BP PLC

      444,243          1,702  

British American Tobacco PLC

      89,810          3,444  

Coca-Cola European Partners PLC

      20,708          782  

Compass Group PLC

      94,899          1,306  

International Consolidated Airlines Group S.A.

      143,314          395  

Johnson Matthey PLC

      39,719          1,034  

Micro Focus International PLC

      115,440          616  

Prudential PLC

      142,496          2,147  

RELX PLC

      85,586          1,981  

Rolls-Royce Group PLC1

     652,133          2,302  

Vodafone Group PLC

      1,554,750          2,472  

WH Smith PLC

      46,120          628  
       

 

 

  
       26,854  
       

 

 

  

Total Common Stock

 

(Cost $179,837) — 93.1%

 

        164,196  
       

 

 

  

PREFERRED STOCK

 

Germany — 3.1%

 

Volkswagen AG‡

     36,626          5,567  
       

 

 

  

Total Preferred Stock

 

(Cost $6,191) — 3.1%

 

        5,567  
       

 

 

  

PREFERENCE STOCK

 

Brazil — 0.6%

 

Cia Brasileira de Distribuicao

      20,100          264  

Cia Paranaense de Energia

      16,400          185  

Itausa S.A.

      328,856          584  
       

 

 

  
       1,033  
       

 

 

  

 

6

SCHEDULE OF INVESTMENTS (000)* (continued)

June 30, 2020 (Unaudited)

 

Causeway International Opportunities Fund    Number of Shares        Value  

South Korea — 0.2%

 

LG Chemical Ltd.

      1,593        $ 335  
       

 

 

  

Total Preference Stock

 

(Cost $1,881) — 0.8%

 

        1,368  
       

 

 

  

SHORT-TERM INVESTMENT

 

Invesco Short-Term Investment Trust: Government & Agency Portfolio, Institutional Class, 0.090%**

      4,250,810          4,251  
       

 

 

  

Total Short-Term Investment

 

(Cost $4,251) — 2.4%

 

        4,251  
       

 

 

  

Total Investments — 99.4%

 

(Cost $192,160)

 

        175,382  
       

 

 

  

Other Assets in Excess of Liabilities — 0.6%

 

        993  
       

 

 

  

Net Assets — 100.0%

 

      $ 176,375  
       

 

 

  

 

*

Except for share data.

**

The rate reported is the 7-day effective yield as of June 30, 2020.

‡

There is currently no rate available.

1

Non-income producing security.

2

Securities considered illiquid. The total market value of such securities as of June 30, 2020 was $– and represented 0.0% of net assets.

3

Level 3 security in accordance with fair value hierarchy. Security fair valued using methods determined in good faith by the Fair Value Committee designated by the Board of Trustees. The total market value of such securities as of June 30, 2020 was $– and represented 0.0% of net assets.

ADR American depository Receipt

 

7

SCHEDULE OF INVESTMENTS (000) (concluded)

June 30, 2020 (Unaudited)

 

The table below sets forth information about the Levels within the fair value hierarchy at which the Fund’s investments are measured at June 30, 2020:

 

Investments in Securities    Level 1      Level 2      Level 3†     Total  

Common Stock

           

Brazil

    $ 2,579      $ —      $ —     $ 2,579  

China

      7,743        14,016        — ^      21,759  

Finland

      —        238        —       238  

France

      46        13,001        —       13,047  

Germany

      —        25,720        —       25,720  

India

      985        3,032        —       4,017  

Indonesia

      —        244        —       244  

Ireland

      2,700        —        —       2,700  

Italy

      —        6,116        —       6,116  

Japan

      —        12,899        —       12,899  

Malaysia

      —        1,004        —       1,004  

Mexico

      382        —        —       382  

Netherlands

      —        5,469        —       5,469  

Peru

      349        —        —       349  

Poland

      —        332        —       332  

Qatar

      —        83        —       83  

Russia

      309        2,549        —       2,858  

South Africa

      —        749        —       749  

South Korea

      —        7,308        —       7,308  

Spain

      —        5,149        —       5,149  

Sweden

      —        1,147        —       1,147  

Switzerland

      —        13,116        —       13,116  

Taiwan

      2,645        5,514        —       8,159  

Thailand

      —        1,295        —       1,295  

Turkey

      —        499        —       499  

United Arab Emirates

      —        124        —       124  

United Kingdom

      782        26,072        —       26,854  

 

  

Total Common Stock

      18,520        145,676        —       164,196  

 

  

Preferred Stock

      —        5,567        —       5,567  

 

  
Preference Stock           

Brazil

      1,033        —        —       1,033  

South Korea

      —        335        —       335  

 

  

Total Preference Stock

      1,033        335        —       1,368  

 

  

Short-Term Investment

      4,251        —        —       4,251  

 

  
Total Investments in Securities    $ 23,804      $ 151,578      $ —     $ 175,382  

 

  

 

†

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.

For the period ended June 30, 2020, there were no transfers in or out of Level 3.

 

^

Security is fair valued at zero due to company’s insolvency. Level 3 security in accordance with fair value hierarchy.

Amounts designated as “—” are $0.

For information on the Fund’s policies 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-004-2200

 

8