a
a
Country
Shares
a
Value
a
a
a
a
a
a
Common
Stocks
96.6%
Banks
35.6%
a
AB&T
Financial
Corp.
..................................
United
States
226,100
$
118,465
Bank
of
America
Corp.
.................................
United
States
227,849
6,238,506
b
BAWAG
Group
AG,
144A,
Reg
S
..........................
Austria
77,389
3,536,976
BNP
Paribas
SA
......................................
France
151,062
9,605,015
CaixaBank
SA
........................................
Spain
1,525,110
6,075,742
Citizens
Financial
Group,
Inc.
............................
United
States
315,402
8,452,774
Columbia
Banking
System,
Inc.
...........................
United
States
490,312
9,953,334
DBS
Group
Holdings
Ltd.
...............................
Singapore
147,729
3,627,775
ING
Groep
NV
.......................................
Netherlands
727,182
9,583,854
JPMorgan
Chase
&
Co.
.................................
United
States
90,930
13,186,669
PNC
Financial
Services
Group,
Inc.
(The)
...................
United
States
82,361
10,111,460
Primis
Financial
Corp.
..................................
United
States
393,187
3,204,474
Synovus
Financial
Corp.
................................
United
States
278,537
7,743,329
UniCredit
SpA
........................................
Italy
463,323
11,038,793
Wells
Fargo
&
Co.
.....................................
United
States
249,747
10,204,662
112,681,828
Capital
Markets
5.7%
BlackRock,
Inc.
.......................................
United
States
13,185
8,523,971
Deutsche
Bank
AG
....................................
Germany
855,644
9,403,317
17,927,288
Consumer
Finance
3.1%
Capital
One
Financial
Corp.
.............................
United
States
102,586
9,955,971
Financial
Services
10.7%
c
Fiserv,
Inc.
..........................................
United
States
79,647
8,996,925
Global
Payments,
Inc.
..................................
United
States
87,569
10,104,587
Voya
Financial,
Inc.
....................................
United
States
220,359
14,642,856
33,744,368
Household
Durables
3.1%
Cairn
Homes
plc
......................................
Ireland
8,521,149
9,885,260
Insurance
29.1%
ASR
Nederland
NV
....................................
Netherlands
309,174
11,567,858
China
Pacific
Insurance
Group
Co.
Ltd.,
H
...................
China
2,084,821
5,190,285
Conduit
Holdings
Ltd.
..................................
United
States
1,785,410
10,030,612
Everest
Group
Ltd.
....................................
United
States
43,470
16,156,495
Hartford
Financial
Services
Group,
Inc.
(The)
................
United
States
186,963
13,257,546
International
General
Insurance
Holdings
Ltd.
................
Jordan
1,228,570
13,858,270
MetLife,
Inc.
.........................................
United
States
125,861
7,917,915
NN
Group
NV
........................................
Netherlands
307,559
9,859,318
Progressive
Corp.
(The)
................................
United
States
29,722
4,140,274
91,978,573
Office
REITs
1.3%
Vornado
Realty
Trust
...................................
United
States
175,116
3,971,631
Professional
Services
1.7%
SS&C
Technologies
Holdings,
Inc.
.........................
United
States
103,672
5,446,927
Real
Estate
Management
&
Development
3.5%
c
CBRE
Group,
Inc.,
A
...................................
United
States
42,882
3,167,265
c
Cushman
&
Wakefield
plc
...............................
United
States
333,883
2,544,188
Savills
plc
...........................................
United
Kingdom
509,775
5,382,765
11,094,218