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      <invstOrSec>
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                  <isin value="US8336351056"/>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>N/A</name>
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      <invstOrSec>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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      <invstOrSec>
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        <invCountry>CN</invCountry>
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      <invstOrSec>
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      <invstOrSec>
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        <lei>3003001FS86S7NYOHV89</lei>
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          <isin value="CNE000001F70"/>
          <ticker value="600031"/>
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        <balance>221278.000000000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
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        <lei>300300RWM4DKUZFOIT68</lei>
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        <identifiers>
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          <ticker value="601636"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <other otherDesc="USER DEFINED" value="BS7K5P8 CN-TRS_08/02/2026-B"/>
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        <curCd>USD</curCd>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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                <issueTitle>Shaanxi Coal Industry Co Ltd</issueTitle>
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                  <isin value="CNE100001T64"/>
                  <ticker value="601225"/>
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            <swapFlag>Y</swapFlag>
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            <unrealizedAppr>2679.950000000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Zydus Lifesciences Ltd</name>
        <lei>335800R9O14ORBXLPN13</lei>
        <title>Zydus Lifesciences Ltd</title>
        <cusip>Y10448101</cusip>
        <identifiers>
          <isin value="INE010B01027"/>
          <ticker value="ZYDUSLIF"/>
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        <balance>82530.000000000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>YTO Express Group Co Ltd</name>
        <lei>N/A</lei>
        <title>YTO Express Group Co Ltd</title>
        <cusip>Y1963V107</cusip>
        <identifiers>
          <isin value="CNE0000012J8"/>
          <ticker value="600233"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>PAGSEGURO DIGITAL LTD-CL A</title>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="G68707101-TRS_12/10/2025-B"/>
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        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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            <swapFlag>Y</swapFlag>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <identifiers>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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                  <isin value="IL0011595993"/>
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            <swapFlag>Y</swapFlag>
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                  <isin value="IL0010845571"/>
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      <invstOrSec>
        <name>N/A</name>
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        <identifiers>
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        <name>N/A</name>
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                  <isin value="KR7035420009"/>
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      <invstOrSec>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>

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                  <isin value="KR7058470006"/>
                  <ticker value="058470"/>
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            <swapFlag>Y</swapFlag>
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            <curCd>USD</curCd>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <identifiers>
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        <assetCat>DE</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>MORGAN STANLEY &amp; CO. LLC</counterpartyName>
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              <otherRefInst>
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                <issueTitle>LEENO Industrial Inc</issueTitle>
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                  <isin value="KR7058470006"/>
                  <ticker value="058470"/>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="-0.625000000000" pmntAmt="6890.800000000000">
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            <notionalAmt>-415751.010000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>5083.280000000000</unrealizedAppr>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Hyundai Mobis Co Ltd</name>
        <lei>988400HJA9E0ZVDHRS65</lei>
        <title>Hyundai Mobis Co Ltd</title>
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          <isin value="KR7012330007"/>
          <ticker value="012330"/>
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        <pctVal>0.6021017848</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
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        <lei>988400CEQG9N710HN313</lei>
        <title>Hyundai Engineering &amp; Construction Co Ltd</title>
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        <identifiers>
          <isin value="KR7000720003"/>
          <ticker value="000720"/>
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        <balance>16672.000000000000</balance>
        <units>NS</units>
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        <valUSD>447176.030000000000</valUSD>
        <pctVal>0.7233595335</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>KIA CORP</title>
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        <identifiers>
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        <curCd>USD</curCd>
        <valUSD>-15913.610000000000</valUSD>
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        <issuerConditional desc="N/A" issuerCat="OTHER"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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                  <isin value="KR7000270009"/>
                  <ticker value="000270"/>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="-0.625000000000" pmntAmt="2557.070000000000">
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <identifiers>
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        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
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        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
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        <lei>N/A</lei>
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        <lei>N/A</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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                  <ticker value="3323"/>
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            <swapFlag>Y</swapFlag>
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            <curCd>HKD</curCd>
            <unrealizedAppr>150646.660000000000</unrealizedAppr>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
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        <derivativeInfo>
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              <counterpartyName>HSBC SECURITIES (USA) INC.</counterpartyName>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CIELO SA</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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                  <ticker value="CIEL3"/>
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            <swapFlag>Y</swapFlag>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hankook Tire &amp; Technology Co L</name>
        <lei>9884001BIEVM09M7AH02</lei>
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        <identifiers>
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          <ticker value="161390"/>
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        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
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        <lei>335800PL6PSIRCLKWV57</lei>
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        <issuerCat>CORP</issuerCat>
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        <isRestrictedSec>N</isRestrictedSec>

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        <securityLending>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="BJLSQZ2 BR-TRS_08/27/2026-B"/>
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        <derivativeInfo>
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              <counterpartyName>BOFA SECURITIES INC.</counterpartyName>
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            <swapFlag>Y</swapFlag>
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      </invstOrSec>
      <invstOrSec>
        <name>Hanwha Systems Co Ltd</name>
        <lei>N/A</lei>
        <title>Hanwha Systems Co Ltd</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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            <swapFlag>Y</swapFlag>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>VANCHIP TIANJIN TECHNOLOGY-A</title>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>MORGAN STANLEY &amp; CO. LLC</counterpartyName>
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                <indexIdentifier>FEDL01</indexIdentifier>
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            <swapFlag>Y</swapFlag>
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            <curCd>USD</curCd>
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        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>KERRY EXPRESS THAILAND -NVDR</title>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="BMGP905 TH-TRS_12/10/2025-B"/>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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              <counterpartyName>MORGAN STANLEY &amp; CO. LLC</counterpartyName>
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            <descRefInstrmnt>
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                <issuerName>Kerry Express Thailand PCL</issuerName>
                <issueTitle>Kerry Express Thailand PCL</issueTitle>
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                  <cusip value="N/A"/>
                  <isin value="THA078010R17"/>
                  <ticker value="KEX-R"/>
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            <swapFlag>Y</swapFlag>
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            <upfrontRcpt>0.000000000000</upfrontRcpt>
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            <curCd>USD</curCd>
            <unrealizedAppr>60153.980000000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
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            <descRefInstrmnt>
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                <issuerName>Tencent Holdings Ltd</issuerName>
                <issueTitle>Tencent Holdings Ltd</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <isin value="KYG875721634"/>
                  <ticker value="700"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
            <floatingPmntDesc curCd="HKD" fixedOrFloating="Floating" floatingRtIndex="HIHD01M INDEX" floatingRtSpread="0.000000000000" pmntAmt="384.340000000000">
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            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>HKD</rcptCurCd>
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            <curCd>HKD</curCd>
            <unrealizedAppr>-2210.330000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>TENCENT HOLDINGS LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="BMMV2K8 HK-TRS_12/10/2025-B"/>
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        <units>NC</units>
        <currencyConditional curCd="HKD" exchangeRt="7.842350000000"/>
        <valUSD>29964.940000000000</valUSD>
        <pctVal>0.0484717954</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
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            <descRefInstrmnt>
              <otherRefInst>
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                <issueTitle>Tencent Holdings Ltd</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <isin value="KYG875721634"/>
                  <ticker value="700"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
            <floatingPmntDesc curCd="HKD" fixedOrFloating="Floating" floatingRtIndex="HIHD01M INDEX" floatingRtSpread="0.500000000000" pmntAmt="13195.100000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="830" resetDt="Day" resetDtUnit="830"/>
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            <terminationDt>2025-12-08</terminationDt>
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            <pmntCurCd>HKD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>HKD</rcptCurCd>
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            <curCd>HKD</curCd>
            <unrealizedAppr>29964.940000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>THUNGELA RESOURCES LTD</title>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="BMV3M27 GB-TRS_08/26/2026-B"/>
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        <pctVal>0.0141619939</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Thungela Resources Ltd</issuerName>
                <issueTitle>Thungela Resources Ltd</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <isin value="ZAE000296554"/>
                  <ticker value="TGA"/>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
            <floatingPmntDesc curCd="GBP" fixedOrFloating="Floating" floatingRtIndex="SONIO/N INDEX" floatingRtSpread="0.430000000000" pmntAmt="97.140000000000">
              <rtResetTenors>
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            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>GBP</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>GBP</rcptCurCd>
            <notionalAmt>56823.380000000000</notionalAmt>
            <curCd>GBP</curCd>
            <unrealizedAppr>8754.850000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>TIANQI LITHIUM CORP-H</title>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="BMZ3RS4 HK-TRS_04/26/2026-B"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="HKD" exchangeRt="7.842350000000"/>
        <valUSD>50337.840000000000</valUSD>
        <pctVal>0.0814273441</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>MORGAN STANLEY &amp; CO. LLC</counterpartyName>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Tianqi Lithium Corp</issuerName>
                <issueTitle>Tianqi Lithium Corp</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <isin value="CNE100005F09"/>
                  <ticker value="9696"/>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="HKD" fixedOrFloating="Floating" floatingRtIndex="HOISHKD INDEX" floatingRtSpread="-0.500000000000" pmntAmt="-4014.640000000000">
              <rtResetTenors>
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            <pmntCurCd>HKD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>HKD</rcptCurCd>
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            <curCd>HKD</curCd>
            <unrealizedAppr>50337.840000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Fix Price Group PLC</name>
        <lei>549300EXJV1RPGZNH608</lei>
        <title>Fix Price Group PLC</title>
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          <isin value="US33835G2057"/>
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        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>.000000000000</valUSD>
        <pctVal>0.0000000000</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>RU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>HK inno N Corp</name>
        <lei>N/A</lei>
        <title>HK inno N Corp</title>
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          <isin value="KR7195940002"/>
          <ticker value="195940"/>
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        <units>NS</units>
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        <pctVal>0.2852122709</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>TONGWEI CO LTD-A</title>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="BP3RCK6 CN-TRS_05/21/2026-B"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>42497.600000000000</valUSD>
        <pctVal>0.0687448388</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>HSBC SECURITIES (USA) INC.</counterpartyName>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Tongwei Co Ltd</issuerName>
                <issueTitle>Tongwei Co Ltd</issueTitle>
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                  <cusip value="N/A"/>
                  <isin value="CNE000001GS3"/>
                  <ticker value="600438"/>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="SOFRRATE INDEX" floatingRtSpread="-0.850000000000" pmntAmt="0.000000000000">
              <rtResetTenors>
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            <otherPmntDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherPmntDesc>
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            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
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            <curCd>USD</curCd>
            <unrealizedAppr>42497.600000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>TONGWEI CO LTD-A</title>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="BP3RCK6 CN-TRS_07/22/2026-B"/>
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        <valUSD>17655.530000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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        <derivativeInfo>
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              <counterpartyName>MORGAN STANLEY &amp; CO. LLC</counterpartyName>
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            <descRefInstrmnt>
              <otherRefInst>
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                <issueTitle>Tongwei Co Ltd</issueTitle>
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                  <cusip value="N/A"/>
                  <isin value="CNE000001GS3"/>
                  <ticker value="600438"/>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="-0.625000000000" pmntAmt="197.070000000000">
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            <curCd>USD</curCd>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CHINA RESOURCES MICROELECT-A</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>N/A</name>
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        <derivativeInfo>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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      <invstOrSec>
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            <otherPmntDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherPmntDesc>
            <terminationDt>2026-04-20</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>HKD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>HKD</rcptCurCd>
            <notionalAmt>-2662500.000000000000</notionalAmt>
            <curCd>HKD</curCd>
            <unrealizedAppr>116051.850000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CREDICORP LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="G2519Y108-TRS_03/05/2026-B"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>12256.370000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Credicorp Ltd</issuerName>
                <issueTitle>Credicorp Ltd</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <isin value="BMG2519Y1084"/>
                  <ticker value="BAP"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="0.400000000000" pmntAmt="3364.640000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="915" resetDt="Day" resetDtUnit="915"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2026-03-03</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>125731.270000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>12256.370000000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>GLOBANT SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="L44385109-TRS_07/16/2026-B"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-35719.900000000000</valUSD>
        <pctVal>-0.0577811163</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Globant SA</issuerName>
                <issueTitle>Globant SA</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <isin value="LU0974299876"/>
                  <ticker value="GLOB"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="-0.250000000000" pmntAmt="2276.510000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="1048" resetDt="Day" resetDtUnit="1048"/>
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            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherPmntDesc>
            <terminationDt>2026-07-14</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-377656.090000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-35719.900000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>MONDAY.COM LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="M7S64H106-TRS_03/19/2026-B"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>135447.810000000000</valUSD>
        <pctVal>0.2191026757</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Monday.com Ltd</issuerName>
                <issueTitle>Monday.com Ltd</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <isin value="IL0011762130"/>
                  <ticker value="MNDY"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="0.400000000000" pmntAmt="7915.700000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="929" resetDt="Day" resetDtUnit="929"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2026-03-17</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>719519.200000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>135447.810000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Antofagasta PLC</name>
        <lei>213800MY6QVH4FVLD628</lei>
        <title>Antofagasta PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB0000456144"/>
          <ticker value="ANTO"/>
        </identifiers>
        <balance>-4203.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="GBP" exchangeRt=".789390000000"/>
        <valUSD>-76973.440000000000</valUSD>
        <pctVal>-0.1245135426</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BlackRock Liquidity Funds Trea</name>
        <lei>549300U5PI8CHFJM7202</lei>
        <title>BlackRock Liquidity Funds Treasury Trust Fund Portfolio</title>
        <cusip>09248U551</cusip>
        <identifiers>
          <isin value="US09248U5517"/>
          <ticker value="TTTXX"/>
        </identifiers>
        <balance>3758536.810000000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3758536.810000000000</valUSD>
        <pctVal>6.0798729164</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arca Continental SAB de CV</name>
        <lei>254900U2BSJCQHJCXN24</lei>
        <title>Arca Continental SAB de CV</title>
        <cusip>P0448R103</cusip>
        <identifiers>
          <isin value="MX01AC100006"/>
          <ticker value="AC*"/>
        </identifiers>
        <balance>20900.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="MXN" exchangeRt="17.050500000000"/>
        <valUSD>204090.790000000000</valUSD>
        <pctVal>0.3301407248</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MX</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Abu Dhabi Islamic Bank PJSC</name>
        <lei>5493006DOLY8O98XHD74</lei>
        <title>Abu Dhabi Islamic Bank PJSC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="AEA000801018"/>
          <ticker value="ADIB"/>
        </identifiers>
        <balance>145148.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="AED" exchangeRt="3.673000000000"/>
        <valUSD>411772.980000000000</valUSD>
        <pctVal>0.6660909592</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>AE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Accton Technology Corp</name>
        <lei>529900M1YRZ0GWMDF920</lei>
        <title>Accton Technology Corp</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TW0002345006"/>
          <ticker value="2345"/>
        </identifiers>
        <balance>121000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="TWD" exchangeRt="31.846500000000"/>
        <valUSD>1804635.140000000000</valUSD>
        <pctVal>2.9192084224</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bangkok Bank PCL</name>
        <lei>549300CCL2BKJGMYXV60</lei>
        <title>Bangkok Bank PCL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0001010006"/>
          <ticker value="BBL"/>
        </identifiers>
        <balance>140200.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="35.017500000000"/>
        <valUSD>678265.440000000000</valUSD>
        <pctVal>1.0971736841</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Apollo Tyres Ltd</name>
        <lei>335800W2PJ4XBSHQYC34</lei>
        <title>Apollo Tyres Ltd</title>
        <cusip>Y0188S121</cusip>
        <identifiers>
          <isin value="INE438A01022"/>
          <ticker value="APTY"/>
        </identifiers>
        <balance>205132.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="82.786250000000"/>
        <valUSD>961751.880000000000</valUSD>
        <pctVal>1.5557461595</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>AP Thailand PCL</name>
        <lei>N/A</lei>
        <title>AP Thailand PCL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0308010R15"/>
          <ticker value="AP-R"/>
        </identifiers>
        <balance>372900.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="35.017500000000"/>
        <valUSD>135188.450000000000</valUSD>
        <pctVal>0.2186831305</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bank Mandiri Persero Tbk PT</name>
        <lei>549300RSKQN4Z5ZSGH94</lei>
        <title>Bank Mandiri Persero Tbk PT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000095003"/>
          <ticker value="BMRI"/>
        </identifiers>
        <balance>3507200.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="15230.000000000000"/>
        <valUSD>1386880.010000000000</valUSD>
        <pctVal>2.2434406359</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BNI Tbk PT</name>
        <lei>549300HZ8J3MLVXQ8F85</lei>
        <title>Bank Negara Indonesia Persero Tbk PT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000096605"/>
          <ticker value="BBNI"/>
        </identifiers>
        <balance>259100.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="15230.000000000000"/>
        <valUSD>156031.550000000000</valUSD>
        <pctVal>0.2523992827</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Bumrungrad Hospital PCL</name>
        <lei>N/A</lei>
        <title>Bumrungrad Hospital PCL</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="TH0168A10Z19"/>
          <ticker value="BH/F"/>
        </identifiers>
        <balance>35000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="THB" exchangeRt="35.017500000000"/>
        <valUSD>258870.560000000000</valUSD>
        <pctVal>0.4187534102</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>TH</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank Central Asia Tbk PT</name>
        <lei>254900BR956G2OHVOM21</lei>
        <title>Bank Central Asia Tbk PT</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ID1000109507"/>
          <ticker value="BBCA"/>
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        <balance>330900.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="IDR" exchangeRt="15230.000000000000"/>
        <valUSD>199203.680000000000</valUSD>
        <pctVal>0.3222352527</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ID</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>COSCO SHIPPING Holdings Co Ltd</name>
        <lei>3003009XI0QGYYA29S17</lei>
        <title>COSCO SHIPPING Holdings Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE1000002J7"/>
          <ticker value="1919"/>
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        <balance>750000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.842350000000"/>
        <valUSD>769113.530000000000</valUSD>
        <pctVal>1.2441310960</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bajaj Auto Ltd</name>
        <lei>335800DLAO5NCNN8G863</lei>
        <title>Bajaj Auto Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE917I01010"/>
          <ticker value="BJAUT"/>
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        <balance>11436.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="82.786250000000"/>
        <valUSD>636796.550000000000</valUSD>
        <pctVal>1.0300929041</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BOE Technology Group Co Ltd</name>
        <lei>N/A</lei>
        <title>BOE Technology Group Co Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="CNE0000016L5"/>
          <ticker value="000725"/>
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        <balance>3800180.000000000000</balance>
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        <valUSD>2089211.270000000000</valUSD>
        <pctVal>3.3795435988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Anhui Heli Co Ltd</name>
        <lei>N/A</lei>
        <title>Anhui Heli Co Ltd</title>
        <cusip>N/A</cusip>
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          <isin value="CNE000000MM6"/>
          <ticker value="600761"/>
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        <balance>128500.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.290200000000"/>
        <valUSD>351544.730000000000</valUSD>
        <pctVal>0.5686647200</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank of Baroda</name>
        <lei>549300CQ6M9Q0TJEZR23</lei>
        <title>Bank of Baroda</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="INE028A01039"/>
          <ticker value="BOB"/>
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        <balance>679558.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="INR" exchangeRt="82.786250000000"/>
        <valUSD>1534499.420000000000</valUSD>
        <pctVal>2.4822322982</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Classys Inc</name>
        <lei>N/A</lei>
        <title>Classys Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KR7214150005"/>
          <ticker value="214150"/>
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        <balance>8327.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="KRW" exchangeRt="1321.750000000000"/>
        <valUSD>243770.990000000000</valUSD>
        <pctVal>0.3943280896</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>3SBio Inc</name>
        <lei>529900P0TQC1E9Y7FN31</lei>
        <title>3SBio Inc</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="KYG8875G1029"/>
          <ticker value="1530"/>
        </identifiers>
        <balance>139000.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.842350000000"/>
        <valUSD>116241.690000000000</valUSD>
        <pctVal>0.1880345301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ANTOFAGASTA PLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="0045614 GB-TRS_12/10/2025-B"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <currencyConditional curCd="GBP" exchangeRt=".789390000000"/>
        <valUSD>-825.440000000000</valUSD>
        <pctVal>-0.0013352457</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Antofagasta PLC</issuerName>
                <issueTitle>Antofagasta PLC</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <isin value="GB0000456144"/>
                  <ticker value="ANTO"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="GBP" fixedOrFloating="Floating" floatingRtIndex="SONIO/N INDEX" floatingRtSpread="-0.400000000000" pmntAmt="1414.400000000000">
              <rtResetTenors>
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            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>GBP</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>GBP</rcptCurCd>
            <notionalAmt>-50433.840000000000</notionalAmt>
            <curCd>GBP</curCd>
            <unrealizedAppr>-825.440000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ALBEMARLE CORP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="012653101-TRS_04/16/2026-B"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>4388.600000000000</valUSD>
        <pctVal>0.0070990738</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Albemarle Corp</issuerName>
                <issueTitle>Albemarle Corp</issueTitle>
                <identifiers>
                  <cusip value="012653101"/>
                  <isin value="US0126531013"/>
                  <ticker value="ALB"/>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="-0.250000000000" pmntAmt="8664.300000000000">
              <rtResetTenors>
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            <otherPmntDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherPmntDesc>
            <terminationDt>2026-04-14</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-485448.530000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>4388.600000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BANCO SANTANDER-CHILE-ADR</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="05965X109-TRS_12/10/2025-B"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>10158.210000000000</valUSD>
        <pctVal>0.0164320929</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>MORGAN STANLEY &amp; CO. LLC</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Banco Santander Chile</issuerName>
                <issueTitle>Banco Santander Chile</issueTitle>
                <identifiers>
                  <cusip value="05965X109"/>
                  <isin value="US05965X1090"/>
                  <ticker value="BSAC"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="0.400000000000" pmntAmt="2232.030000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="830" resetDt="Day" resetDtUnit="830"/>
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            <terminationDt>2025-12-08</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>75142.640000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>10158.210000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CEMEX SAB-SPONS ADR PART CER</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="151290889-TRS_09/02/2026-B"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-3085.840000000000</valUSD>
        <pctVal>-0.0049917071</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>MORGAN STANLEY &amp; CO. LLC</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Cemex SAB de CV</issuerName>
                <issueTitle>Cemex SAB de CV</issueTitle>
                <identifiers>
                  <cusip value="151290889"/>
                  <isin value="US1512908898"/>
                  <ticker value="CX"/>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="0.400000000000" pmntAmt="0.000000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="1096" resetDt="Day" resetDtUnit="1096"/>
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            <terminationDt>2026-08-31</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>154410.780000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-3085.840000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BANCO DO BRASIL S.A.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="2328595 BR-TRS_12/10/2025-B"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>906140.230000000000</valUSD>
        <pctVal>1.4657878109</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>MORGAN STANLEY &amp; CO. LLC</counterpartyName>
              <counterpartyLei>9R7GPTSO7KV3UQJZQ078</counterpartyLei>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Banco do Brasil SA</issuerName>
                <issueTitle>Banco do Brasil SA</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <isin value="BRBBASACNOR3"/>
                  <ticker value="BBAS3"/>
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            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="0.620000000000" pmntAmt="69180.240000000000">
              <rtResetTenors>
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            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>2954478.650000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>906140.230000000000</unrealizedAppr>
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        <securityLending>
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          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>GRUPO MEXICO SAB DE CV-SER B</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="2643674 MX-TRS_12/10/2025-B"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-32802.940000000000</valUSD>
        <pctVal>-0.0530625923</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Grupo Mexico SAB de CV</issuerName>
                <issueTitle>Grupo Mexico SAB de CV</issueTitle>
                <identifiers>
                  <cusip value="P49538112"/>
                  <isin value="MXP370841019"/>
                  <ticker value="GMEXICOB"/>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="-0.500000000000" pmntAmt="4383.570000000000">
              <rtResetTenors>
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            <otherPmntDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherPmntDesc>
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            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-184504.850000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-32802.940000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>ARCA CONTINENTAL SAB DE CV</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="2823885 MX-TRS_03/04/2026-B"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>20513.080000000000</valUSD>
        <pctVal>0.0331823063</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Arca Continental SAB de CV</issuerName>
                <issueTitle>Arca Continental SAB de CV</issueTitle>
                <identifiers>
                  <cusip value="P0448R103"/>
                  <isin value="MX01AC100006"/>
                  <ticker value="AC*"/>
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            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="0.650000000000" pmntAmt="4327.050000000000">
              <rtResetTenors>
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            <terminationDt>2026-03-02</terminationDt>
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            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>162100.820000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>20513.080000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>WEG SA</title>
        <cusip>N/A</cusip>
        <identifiers>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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      <invstOrSec>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="HKD" fixedOrFloating="Floating" floatingRtIndex="HOISHKD INDEX" floatingRtSpread="-0.500000000000" pmntAmt="2352.930000000000">
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      <invstOrSec>
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      <invstOrSec>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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            <swapFlag>Y</swapFlag>
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        <securityLending>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
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        <lei>N/A</lei>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
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        <lei>N/A</lei>
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      <invstOrSec>
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      <invstOrSec>
        <name>Tsingtao Brewery Co Ltd</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <lei>N/A</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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                  <isin value="TW0002327004"/>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="6984380 TW-TRS_12/10/2025-B"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
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      <invstOrSec>
        <name>Yang Ming Marine Transport Cor</name>
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        <invCountry>TW</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="6988155 KR-TRS_08/09/2026-B"/>
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        <isRestrictedSec>N</isRestrictedSec>

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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
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        <securityLending>
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        <lei>N/A</lei>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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      <invstOrSec>
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        <securityLending>
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      <invstOrSec>
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        <lei>3003007EXL0825P1MJ10</lei>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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          <other otherDesc="USER DEFINED" value="B0LCW08 GB-TRS_07/16/2026-B"/>
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                  <isin value="GB00B0LCW083"/>
                  <ticker value="HIK"/>
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            <swapFlag>Y</swapFlag>
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      </invstOrSec>
      <invstOrSec>
        <name>Phoenix Mills Ltd/The</name>
        <lei>33580037PCXCE5PNQU51</lei>
        <title>Phoenix Mills Ltd/The</title>
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        <identifiers>
          <isin value="INE211B01039"/>
          <ticker value="PHNX"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="B12LZH9 SA-TRS_07/29/2026-B"/>
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        <assetCat>DE</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
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                  <isin value="SA0007879113"/>
                  <ticker value="RJHI"/>
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            <swapFlag>Y</swapFlag>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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          <other otherDesc="USER DEFINED" value="B1359L2 TH-TRS_04/08/2026-B"/>
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                  <isin value="TH0355010R16"/>
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            <swapFlag>Y</swapFlag>
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              <rtResetTenors>
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      <invstOrSec>
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        <lei>N/A</lei>
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            <swapFlag>Y</swapFlag>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>JYP Entertainment Corp</name>
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      <invstOrSec>
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      <invstOrSec>
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      </invstOrSec>
      <invstOrSec>
        <name>Power Grid Corp of India Ltd</name>
        <lei>3358009SHWZ3DZEQ4Z56</lei>
        <title>Power Grid Corp of India Ltd</title>
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          <isin value="INE752E01010"/>
          <ticker value="PWGR"/>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>GRUPO COMERCIAL CHEDRAUI SA</title>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="B457NQ0 MX-TRS_12/10/2025-B"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>106575.460000000000</valUSD>
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        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>MORGAN STANLEY &amp; CO. LLC</counterpartyName>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Grupo Comercial Chedraui SA de</issuerName>
                <issueTitle>Grupo Comercial Chedraui SA de CV</issueTitle>
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                  <cusip value="P4612W104"/>
                  <isin value="MX01CH170002"/>
                  <ticker value="CHDRAUIB"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="0.650000000000" pmntAmt="12707.710000000000">
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            <upfrontRcpt>0.000000000000</upfrontRcpt>
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            <notionalAmt>473632.150000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>106575.460000000000</unrealizedAppr>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Life Healthcare Group Holdings</name>
        <lei>529900NEEWARTDD80135</lei>
        <title>Life Healthcare Group Holdings Ltd</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="ZAE000145892"/>
          <ticker value="LHC"/>
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        <balance>94465.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="ZAR" exchangeRt="18.885000000000"/>
        <valUSD>107395.480000000000</valUSD>
        <pctVal>0.1737247507</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>ZA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Samsonite International SA</name>
        <lei>549300UULS5HYFJSEL12</lei>
        <title>Samsonite International SA</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="LU0633102719"/>
          <ticker value="1910"/>
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        <balance>369600.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="HKD" exchangeRt="7.842350000000"/>
        <valUSD>1237261.940000000000</valUSD>
        <pctVal>2.0014159072</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>BANCO SANTANDER  BRASIL-UNIT</title>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="B4V5RY4 BR-TRS_07/26/2026-B"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>28227.320000000000</valUSD>
        <pctVal>0.0456609918</pctVal>
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        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>J.P. MORGAN SECURITIES LLC</counterpartyName>
              <counterpartyLei>ZBUT11V806EZRVTWT807</counterpartyLei>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Banco Santander Brasil SA</issuerName>
                <issueTitle>Banco Santander Brasil SA</issueTitle>
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                  <isin value="BRSANBCDAM13"/>
                  <ticker value="SANB11"/>
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              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="OBFR01 INDEX" floatingRtSpread="-0.600000000000" pmntAmt="0.000000000000">
              <rtResetTenors>
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            <otherPmntDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherPmntDesc>
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            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-280361.470000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>28227.320000000000</unrealizedAppr>
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        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>VK CO LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="B53NQB3 US-TRS_09/21/2023"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>140168.560000000000</valUSD>
        <pctVal>0.2267390410</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>N/A</counterpartyName>
              <counterpartyLei>N/A</counterpartyLei>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>VK Co Ltd</issuerName>
                <issueTitle>VK Co Ltd</issueTitle>
                <identifiers>
                  <cusip value="560317208"/>
                  <isin value="US5603172082"/>
                  <ticker value="VKCO"/>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="-6.500000000000" pmntAmt="0.000000000000">
              <rtResetTenors>
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            <otherPmntDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherPmntDesc>
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            <upfrontRcpt>0.000000000000</upfrontRcpt>
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            <curCd>USD</curCd>
            <unrealizedAppr>140168.560000000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>PARADE TECHNOLOGIES LTD</title>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="B6RV676 TW-TRS_12/10/2025-B"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-44350.040000000000</valUSD>
        <pctVal>-0.0717413772</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
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            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Parade Technologies Ltd</issuerName>
                <issueTitle>Parade Technologies Ltd</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <isin value="KYG6892A1085"/>
                  <ticker value="4966"/>
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            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="-1.250000000000" pmntAmt="-8849.720000000000">
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            <curCd>USD</curCd>
            <unrealizedAppr>-44350.040000000000</unrealizedAppr>
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        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="B6ZZQ69 TW-TRS_08/12/2026-B"/>
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        <curCd>USD</curCd>
        <valUSD>-1839.910000000000</valUSD>
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        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>J.P. MORGAN SECURITIES LLC</counterpartyName>
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            <descRefInstrmnt>
              <indexBasketInfo>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="OBFR01 INDEX" floatingRtSpread="-0.600000000000" pmntAmt="0.000000000000">
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="B6ZZQ69 TW-TRS_12/10/2025-B"/>
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        <valUSD>-152973.800000000000</valUSD>
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        <derivativeInfo>
          <swapDeriv derivCat="SWP">
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              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
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                <issuerName>ASMedia Technology Inc</issuerName>
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            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="-1.250000000000" pmntAmt="-29402.800000000000">
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      </invstOrSec>
      <invstOrSec>
        <name>Richter Gedeon Nyrt</name>
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        <title>Richter Gedeon Nyrt</title>
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          <ticker value="RICHT"/>
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      <invstOrSec>
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      <invstOrSec>
        <name>Midea Group Co Ltd</name>
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        <title>Midea Group Co Ltd</title>
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        <valUSD>928030.350000000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Weichai Power Co Ltd</name>
        <lei>529900OKTPKBG85F9502</lei>
        <title>Weichai Power Co Ltd</title>
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        <identifiers>
          <isin value="CNE1000000D4"/>
          <ticker value="000338"/>
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        <balance>983700.000000000000</balance>
        <units>NS</units>
        <currencyConditional curCd="CNY" exchangeRt="7.290200000000"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <securityLending>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>B3 SA-BRASIL BOLSA BALCAO</title>
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        <identifiers>
          <other otherDesc="USER DEFINED" value="BG36ZK1 BR-TRS_12/10/2025-B"/>
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        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
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            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="-0.250000000000" pmntAmt="7333.640000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="900" resetDt="Day" resetDtUnit="900"/>
              </rtResetTenors>
            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherPmntDesc>
            <terminationDt>2026-02-16</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-603060.300000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-334567.550000000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>CAMTEK LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="M20791105-TRS_12/10/2025-B"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-155831.330000000000</valUSD>
        <pctVal>-0.2520754035</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Camtek Ltd/Israel</issuerName>
                <issueTitle>Camtek Ltd/Israel</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <isin value="IL0010952641"/>
                  <ticker value="CAMT"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="-0.250000000000" pmntAmt="2204.350000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="830" resetDt="Day" resetDtUnit="830"/>
              </rtResetTenors>
            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherPmntDesc>
            <terminationDt>2025-12-08</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-262666.800000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-155831.330000000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>N/A</name>
        <lei>N/A</lei>
        <title>WIX.COM LTD</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="USER DEFINED" value="M98068105-TRS_05/20/2026-B"/>
        </identifiers>
        <balance>1.000000000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>109108.200000000000</valUSD>
        <pctVal>0.1764952756</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="N/A" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>GOLDMAN SACHS &amp; CO. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>Wix.com Ltd</issuerName>
                <issueTitle>Wix.com Ltd</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <isin value="IL0011301780"/>
                  <ticker value="WIX"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">UNREALIZED GAIN/LOSS AND INCOME/EXPENSE FROM UNDERLYING</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 INDEX" floatingRtSpread="0.400000000000" pmntAmt="8074.210000000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Day" rateTenorUnit="991" resetDt="Day" resetDtUnit="991"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2026-05-18</terminationDt>
            <upfrontPmnt>0.000000000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.000000000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>671537.230000000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>109108.200000000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2023-10-23</ncom:dateSigned>
      <ncom:nameOfApplicant>RBB Fund, Inc.</ncom:nameOfApplicant>
      <ncom:signature>/s/ James G. Shaw</ncom:signature>
      <ncom:signerName>RBB Fund, Inc.</ncom:signerName>
      <ncom:title>CFO COO Secretary</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
