NPORT-EX 2 global-sustain.htm NPORT-EX

Boston Partners Global Sustainability Fund
  
Schedule of Investments
  
November 30, 2024 (Unaudited)
  
   
COMMON STOCKS - 98.0%
  
Shares
    
Value
 
Bermuda - 2.9%
        
Everest Group Ltd.
    
520
    
$
201,531
  
Renaissance Holdings Ltd.
    
470
      
134,491
  
             
336,022
  
                 
Canada - 0.5%
          
Teck Resources Ltd. - Class B
    
1,116
      
52,095
  
                 
Finland - 0.2%
          
Nordea Bank Abp
    
2,434
      
27,494
  
                 
France - 11.7%
          
Airbus Group SE
    
1,161
      
181,471
  
Alten SA
    
1,131
      
90,253
  
BNP Paribas SA
    
2,406
      
143,820
  
Capgemini SE
    
536
      
86,162
  
Cie de Saint-Gobain SA
    
2,493
      
227,634
  
Eiffage SA
    
931
      
84,060
  
Eurazeo SE
    
612
      
44,982
  
Rexel SA
    
5,665
      
146,430
  
SPIE SA
    
6,836
      
215,459
  
TotalEnergies SE
    
1,236
      
71,836
  
Vallourec SACA (a)
    
2,682
      
47,109
  
             
1,339,216
  
                 
Germany - 7.4%
          
Commerzbank AG
    
4,511
      
69,223
  
Deutsche Telekom AG
    
8,744
      
279,728
  
Evonik Industries AG
    
3,957
      
72,747
  
Infineon Technologies AG
    
2,771
      
90,326
  
Rheinmetall AG
    
209
      
137,855
  
Siemens AG
    
1,000
      
194,257
  
             
844,136
  
                 
Greece - 1.6%
          
Hellenic Telecommunications Organization SA
    
11,757
      
185,790
  
                 
Ireland - 1.5%
          
AIB Group PLC
    
31,566
      
172,254
  
                 
Italy - 1.5%
          
Italgas SpA
    
8,923
      
53,523
  
Iveco Group NV
    
11,695
      
116,995
  
             
170,518
  
                 
Japan - 8.5%
          
Asahi Group Holdings Ltd.
    
12,600
      
137,435
  
Fuji Electric Co., Ltd.
    
1,100
      
62,157
  
Hitachi Ltd.
    
2,100
      
52,922
  
Kansai Paint Co., Ltd.
    
10,000
      
142,770
  
Kyowa Kirin Co. Ltd.
    
2,500
      
41,594
  
Mitsubishi Heavy Industries Ltd.
    
3,900
      
57,419
  
Renesas Electronics Corp.
    
3,900
      
51,153
  
Sumitomo Mitsui Financial Group, Inc.
    
10,500
      
259,149
  
Suzuken Co. Ltd./Aichi Japan
    
5,400
      
168,964
  
             
973,563
  
                 
Netherlands - 3.0%
          
Akzo Nobel NV
    
819
      
47,820
  
ING Groep NV
    
9,813
      
151,487
  
Koninklijke Ahold Delhaize NV
    
4,108
      
141,737
  
             
341,044
  
                 
Singapore - 0.4%
          
United Overseas Bank Ltd.
    
1,500
      
40,726
  
                 
South Korea - 3.7%
          
Hana Financial Group, Inc.
    
2,166
      
97,130
  
KB Financial Group, Inc.
    
937
      
64,714
  
KT Corp.
    
4,984
      
175,134
  
Samsung Fire & Marine Insurance Co. Ltd.
    
325
      
91,948
  
             
428,926
  
                 
Spain - 0.4%
          
Bankinter SA
    
6,332
      
50,090
  
                 
Switzerland - 3.0%
          
Novartis AG
    
1,248
      
132,312
  
Sandoz Group AG
    
4,545
      
207,708
  
             
340,020
  
                 
United Kingdom - 15.3%
          
AstraZeneca PLC
    
431
      
58,333
  
Barratt Redrow PLC
    
20,812
      
113,343
  
Hikma Pharmaceuticals PLC
    
5,424
      
132,819
  
IMI PLC
    
2,470
      
57,220
  
Informa PLC
    
19,270
      
210,219
  
Marex Group PLC
    
3,527
      
103,270
  
Marks & Spencer Group PLC
    
31,663
      
154,345
  
Melrose Industries PLC
    
33,210
      
243,006
  
NatWest Group PLC
    
27,731
      
142,241
  
Nomad Foods Ltd.
    
14,130
      
258,720
  
Tesco PLC
    
40,388
      
188,388
  
Weir Group PLC
    
3,129
      
88,527
  
             
1,750,431
  
                 
United States - 36.4%(b)
          
AbbVie, Inc.
    
811
      
148,356
  
Alphabet, Inc. - Class A
    
1,336
      
225,717
  
American Express Co.
    
463
      
141,067
  
Amgen, Inc.
    
403
      
113,997
  
AutoZone, Inc. (a)
    
47
      
148,968
  
Bank of America Corp.
    
2,406
      
114,309
  
Booking Holdings, Inc.
    
28
      
145,655
  
Brinker International, Inc. (a)
    
262
      
34,655
  
Cencora, Inc.
    
866
      
217,842
  
Chubb Ltd.
    
533
      
153,893
  
Cigna Group
    
230
      
77,694
  
Dell Technologies, Inc. - Class C
    
777
      
99,137
  
Emerson Electric Co.
    
744
      
98,654
  
Fidelity National Information Services, Inc.
    
2,669
      
227,666
  
Gen Digital, Inc.
    
2,139
      
65,988
  
Halliburton Co.
    
3,674
      
117,054
  
Hewlett Packard Enterprise Co.
    
3,107
      
65,931
  
Johnson & Johnson
    
371
      
57,509
  
JPMorgan Chase & Co.
    
1,162
      
290,175
  
Kenvue, Inc.
    
6,462
      
155,605
  
Keysight Technologies, Inc. (a)
    
930
      
158,881
  
Masterbrand, Inc. (a)
    
3,287
      
56,865
  
McKesson Corp.
    
145
      
91,133
  
Morgan Stanley
    
646
      
85,020
  
Norfolk Southern Corp.
    
313
      
86,341
  
Schlumberger Ltd.
    
3,405
      
149,616
  
Starbucks Corp.
    
1,027
      
105,226
  
Sysco Corp.
    
1,271
      
98,007
  
TE Connectivity PLC
    
752
      
113,642
  
UnitedHealth Group, Inc.
    
229
      
139,736
  
US Foods Holding Corp. (a)
    
2,905
      
202,682
  
Voya Financial, Inc.
    
966
      
80,178
  
Zimmer Biomet Holdings, Inc.
    
844
      
94,612
  
             
4,161,811
  
TOTAL COMMON STOCKS (Cost $8,985,204)
      
11,214,136
  
                 
TOTAL INVESTMENTS - 98.0% (Cost $8,985,204)
      
11,214,136
  
Other Assets in Excess of Liabilities - 2.0%
      
233,297
  
TOTAL NET ASSETS - 100.0%
          
$
11,447,433
  
two
      
–
%
Percentages are stated as a percent of net assets.
      
–
%

AG - Aktiengesellschaft
NV - Naamloze Vennootschap
PLC - Public Limited Company
SA - Sociedad Anónima
SE - Societas Europeae
SpA - Societa per Azioni

(a)
Non-income producing security.
(b)
To the extent that the Fund invests a significant portion of its assets in the securities of companies of a single country or region, it is more likely to be impacted by events or conditions affecting the country or region.


Summary of Fair Value Disclosure as of November 30, 2024 (Unaudited)
 
Boston Partners Global Sustainability Fund has adopted authoritative fair value accounting standards which establish an authoritative definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.
 
Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.
 
Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.
 
Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund’s own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.
 
The following is a summary of the fair valuation hierarchy of the Fund’s securities as of November 30, 2024:
 
   
Level 1
    
Level 2
    
Level 3
    
Total
  
Investments:
                        
  Common Stocks
  
$
5,053,656
    
$
6,160,480
    
$
–
    
$
11,214,136
  
Total Investments
  
$
5,053,656
    
$
6,160,480
    
$
–
    
$
11,214,136
  
   
Refer to the Schedule of Investments for further disaggregation of investment categories.