| (7) | Security exempt from registration under Regulation S of the Securities Act of 1933, as amended, which exempts from registration securities offered and sold outside the United States. Security may not be offered or sold in the United States except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act of 1933, as amended. At January 31, 2024, the aggregate value of these securities is $1,457,710 or 0.1% of the Fund's net assets. |
| (8) | Issuer is in default with respect to interest and/or principal payments. |
| (9) | Variable rate security. The stated interest rate represents the rate in effect at January 31, 2024. |
| (10) | Amount is less than 0.05%. |
| (11) | For fair value measurement disclosure purposes, security is categorized as Level 3. |
| (12) | May be deemed to be an affiliated investment company. The rate shown is the annualized seven-day yield as of January 31, 2024. |
| (13) | The Fund has granted a security interest in all the Fund’s investments, unless otherwise pledged, in connection with the Liquidity Agreement. |
| Country Concentration of Portfolio | ||
| Country | Percentage of Total Investments | Value |
| United States | 51.8% | $967,426,238 |
| United Kingdom | 11.8 | 220,282,645 |
| France | 5.5 | 102,364,028 |
| Germany | 3.8 | 70,330,030 |
| Spain | 3.2 | 59,725,616 |
| Switzerland | 3.1 | 57,416,136 |
| Japan | 2.9 | 53,859,116 |
| Sweden | 2.8 | 52,008,780 |
| Netherlands | 2.7 | 51,120,840 |
| Canada | 2.2 | 41,992,290 |
| Australia | 2.0 | 36,765,008 |
| Denmark | 1.1 | 21,456,305 |
| Ireland | 1.1 | 19,884,498 |
| Hong Kong | 0.9 | 17,474,040 |
| Taiwan | 0.8 | 15,478,344 |
| Bermuda | 0.8 | 14,388,373 |
| Italy | 0.8 | 14,089,154 |
| India | 0.8 | 14,019,367 |
| Belgium | 0.6 | 11,301,700 |
| Mexico | 0.4 | 8,355,596 |
| Finland | 0.4 | 6,597,583 |
| Colombia | 0.0(1) | 705,200 |
| Exchange-Traded Funds | 0.5 | 9,425,550 |
| Total Investments | 100.0% | $1,866,466,437 |
| (1) | Amount is less than 0.05%. |
| Futures Contracts | |||||
| Description | Number of Contracts | Position | Expiration Date | Notional Amount | Value/Unrealized Appreciation (Depreciation) |
| Equity Futures | |||||
| E-Mini S&P 500 Index | 303 | Long | 3/15/24 | $ 73,788,075 | $ 780,694 |
| STOXX Europe 600 Index | (2,837) | Short | 3/15/24 | (74,625,138) | (1,070,872) |
| $(290,178) | |||||
| Abbreviations: | |
| ADR | – American Depositary Receipt |
| PFC Shares | – Preference Shares |
| REITs | – Real Estate Investment Trusts |
| SOFR | – Secured Overnight Financing Rate |
| Name | Value, beginning of period | Purchases | Sales proceeds | Net realized gain (loss) | Change in unrealized appreciation (depreciation) | Value, end of period | Dividend income | Shares, end of period |
| Short-Term Investments | ||||||||
| Liquidity Fund, Institutional Class(1) | $34,329,290 | $116,701,753 | $(129,795,530) | $ — | $ — | $21,235,513 | $188,272 | 21,235,513 |
| (1) | Represents investment in Morgan Stanley Institutional Liquidity Funds - Government Portfolio. |
| • | Level 1 – quoted prices in active markets for identical investments |
| • | Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.) |
| • | Level 3 – significant unobservable inputs (including a fund's own assumptions in determining the fair value of investments) |
| Asset Description | Level 1 | Level 2 | Level 3* | Total |
| Common Stocks: | ||||
| Communication Services | $ 91,842,312 | $ 17,115,557 | $ — | $ 108,957,869 |
| Consumer Discretionary | 83,868,364 | 74,247,773 | — | 158,116,137 |
| Consumer Staples | 11,827,641 | 94,223,956 | — | 106,051,597 |
| Energy | 49,944,191 | 6,413,997 | — | 56,358,188 |
| Financials | 124,698,600 | 123,630,308 | — | 248,328,908 |
| Health Care | 111,620,403 | 128,367,743 | — | 239,988,146 |
| Industrials | 88,800,538 | 141,606,384 | — | 230,406,922 |
| Information Technology | 307,938,836 | 75,845,815 | — | 383,784,651 |
| Materials | — | 34,829,504 | — | 34,829,504 |
| Real Estate | 11,735,845 | — | — | 11,735,845 |
| Utilities | 17,762,810 | 27,748,992 | — | 45,511,802 |
| Total Common Stocks | $900,039,540 | $724,030,029** | $ — | $1,624,069,569 |
| Corporate Bonds | $ — | $188,443,646 | $ — | $ 188,443,646 |
| Exchange-Traded Funds | 9,425,550 | — | — | 9,425,550 |
| Preferred Stocks: | ||||
| Communication Services | 3,795,068 | — | — | 3,795,068 |
| Energy | 1,420,131 | — | — | 1,420,131 |
| Financials | 8,080,911 | 462,473 | — | 8,543,384 |
| Real Estate | 3,068,383 | — | — | 3,068,383 |
| Utilities | 6,465,193 | — | — | 6,465,193 |
| Total Preferred Stocks | $ 22,829,686 | $ 462,473 | $ — | $ 23,292,159 |
| Miscellaneous | $ — | $ — | $ 0 | $ 0 |
| Short-Term Investments | 21,235,513 | — | — | 21,235,513 |
| Total Investments | $953,530,289 | $912,936,148 | $ 0 | $1,866,466,437 |
| Futures Contracts | $ 780,694 | $ — | $ — | $ 780,694 |
| Total | $954,310,983 | $912,936,148 | $ 0 | $1,867,247,131 |
| Liability Description | ||||
| Futures Contracts | $ (1,070,872) | $ — | $ — | $ (1,070,872) |
| Total | $ (1,070,872) | $ — | $ — | $ (1,070,872) |
| * | None of the unobservable inputs for Level 3 assets, individually or collectively, had a material impact on the Fund. |
| ** | Includes foreign equity securities whose values were adjusted to reflect market trading of comparable securities or other correlated instruments that occurred after the close of trading in their applicable foreign markets. |