Schedule of Investments

January 31, 2024 (Unaudited)

LSV Emerging Markets Equity Fund
	Shares		Value (000)
Foreign Common Stock (97.3%)
Brazil (3.9%)
Banco do Brasil		24,300	$	277
Camil Alimentos		44,100		79
JBS SA		35,400		168
Minerva		40,600		56
Telefonica Brasil		5,800		60
Vale		16,500		226
Vibra Energia		15,100		73
				939
Chile (0.8%)
Cencosud		83,100		144
Cia Cervecerias Unidas		6,200		38
				182
China (23.7%)
3SBio		89,000		67
Alibaba Group Holding		66,500		596
Anhui Conch Cement, Cl H		12,500		25
AviChina Industry & Technology, Cl H		195,000		72
BAIC Motor, Cl H		305,500		81
Baidu, Cl A*		6,240		81
Bank of China, Cl H		762,000		286
Bank of Communications, Cl H		208,000		123
Beijing Enterprises Holdings		22,500		81
China BlueChemical		302,000		83
China CITIC Bank, Cl H		263,000		130
China Coal Energy, Cl H		84,000		92
China Everbright		44,000		23
China Everbright Bank, Cl H		265,000		79
China Feihe		115,000		53
China Hongqiao Group		58,000		43
China Medical System Holdings		44,000		63
China Merchants Port Holdings		52,000		64
China Minsheng Banking, Cl H		254,000		84
China Pacific Insurance Group, Cl H		39,000		72
China Petroleum & Chemical, Cl H		268,000		139
China Reinsurance Group, Cl H		740,000		40
China Resources Medical Holdings		121,000		62
China Suntien Green Energy, Cl H		88,000		30
China Tower, Cl H		554,000		62
China XLX Fertiliser		128,000		54
China Yongda Automobiles Services Holdings		98,000		25

LSV Emerging Markets Equity Fund
	Shares		Value (000)
China (continued)
CSPC Pharmaceutical Group		134,000	$	99
Far East Horizon		91,000		67
Guangzhou Baiyunshan Pharmaceutical Holdings, Cl H		22,000		53
Hengan International Group		15,000		46
Horizon Construction Development*		3,370		1
Kangji Medical Holdings		64,000		48
Kunlun Energy		92,000		82
Lenovo Group		224,000		235
Lonking Holdings		152,000		25
NetDragon Websoft Holdings		32,000		44
New China Life Insurance, Cl H		34,700		62
People’s Insurance Group of China, Cl H		310,000		96
PetroChina, Cl H		454,000		328
PICC Property & Casualty, Cl H		164,000		204
Ping An Insurance Group of China, Cl H		12,000		50
Postal Savings Bank of China, Cl H		146,000		70
SciClone Pharmaceuticals Holdings		65,000		92
Shanghai Pharmaceuticals Holding, Cl H		36,000		51
Shougang Fushan Resources Group		210,000		83
Sinopec Engineering Group, Cl H		124,000		62
Sinopharm Group, Cl H		48,000		126
Sinotrans, Cl H		215,000		90
Sinotruk Hong Kong		56,000		127
SITC International Holdings		38,000		58
TCL Electronics Holdings		64,000		20
Tencent Music Entertainment Group ADR*		13,500		127
Tianneng Power International		72,000		56
Vipshop Holdings ADR*		8,700		138
Want Want China Holdings		83,000		46
Weichai Power, Cl H		85,000		150
Yangzijiang Shipbuilding Holdings		81,400		102
Yuexiu Transport Infrastructure		98,000		54
Zhejiang Expressway, Cl H		68,000		51
Zhengzhou Coal Mining Machinery Group, Cl H		63,400		73

1

Schedule of Investments

January 31, 2024 (Unaudited)

LSV Emerging Markets Equity Fund
	Shares		Value (000)
China (continued)
Zhongsheng Group Holdings		43,500	$	73
				5,699
Egypt (1.1%)
Abou Kir Fertilizers & Chemical Industries		43,900		137
Eastern SAE		117,100		126
				263
Greece (0.4%)
Motor Oil Hellas Corinth Refineries		3,600		99
Hong Kong (1.3%)
Grand Pharmaceutical Group		124,500		54
Kingboard Laminates Holdings		66,000		40
Orient Overseas International		6,000		90
SSY Group		224,000		121
				305
Hungary (1.1%)
Magyar Telekom Telecommunications		26,200		57
MOL Hungarian Oil & Gas		10,900		89
OTP Bank Nyrt		2,400		111
				257
India (17.4%)
Amara Raja Energy & Mobility		12,400		133
Aurobindo Pharma		3,500		48
Bank of Baroda		40,800		121
Canara Bank		31,400		182
Chambal Fertilisers and Chemicals		16,600		73
Coal India		48,300		236
Cyient		1,493		36
Firstsource Solutions		57,100		141
GAIL India		88,800		185
General Insurance Corp of India		21,600		98
Gujarat Narmada Valley Fertilizers & Chemicals		11,800		107
Gujarat State Fertilizers & Chemicals		50,600		182
HCL Technologies		5,400		102
Indian Bank		29,300		176
Mahanagar Gas		6,973		124

LSV Emerging Markets Equity Fund
	Shares		Value (000)
India (continued)
National Aluminium		37,700	$	68
NMDC		57,400		152
NMDC Steel Ltd*		44,900		38
NTPC		51,900		199
Oil & Natural Gas		67,600		205
Oil India		31,200		160
Oracle Financial Services Software		1,000		79
Petronet LNG		42,400		137
Power Finance		53,500		286
Power Grid Corp of India		50,266		157
REC		60,600		364
Redington		64,800		140
Union Bank of India		74,100		125
UPL		8,200		53
Vedanta		24,400		81
				4,188
Indonesia (1.8%)
Astra International		208,300		67
Bank Negara Indonesia Persero		295,400		108
Bukit Asam		279,400		46
Matahari Department Store		249,400		33
Telkom Indonesia Persero		370,100		94
United Tractors		58,800		85
				433
Malaysia (1.6%)
AMMB Holdings		88,000		79
CIMB Group Holdings		61,600		81
RHB Bank		62,800		74
Scientex		64,200		54
Sime Darby		199,000		103
				391
Mexico (3.3%)
Cemex*		208,200		173
Coca-Cola Femsa		21,182		201
Fibra Uno Administracion‡		55,800		95
Grupo Financiero Banorte, Cl O		11,500		117
Grupo Mexico		22,000		113
Megacable Holdings		32,700		84
				783
Philippines (0.4%)
DMCI Holdings		460,100		88
Poland (1.4%)
Asseco Poland		5,300		97

2

Schedule of Investments

January 31, 2024 (Unaudited)

LSV Emerging Markets Equity Fund
	Shares		Value (000)
Poland (continued)
ORLEN		5,226	$	81
Powszechny Zaklad Ubezpieczen		14,000		169
				347
Russia (–%)
Gazprom PJSC(A),(B)*		11,300		—
LUKOIL PJSC(A),(B)		2,300		—
Magnit PJSC(A),(B)		1,000		—
MMC Norilsk Nickel PJSC(A),(B)		370		—
Mobile TeleSystems PJSC(A),(B)		13,800		—
				—
Saudi Arabia (3.1%)
Arab National Bank		23,500		156
Banque Saudi Fransi		10,000		106
Etihad Etisalat		12,100		168
Mobile Telecommunications Saudi Arabia		26,600		95
Saudi Awwal Bank		11,600		111
Saudi Investment Bank		24,500		102
				738
South Africa (2.7%)
Absa Group		11,400		99
African Rainbow Minerals		4,300		43
Astral Foods		2,435		21
Exxaro Resources		5,300		53
Foschini Group		10,400		63
Impala Platinum Holdings		7,400		29
MTN Group		19,400		98
Nedbank Group		5,600		65
Oceana Group		16,600		64
Tiger Brands		429		5
Vodacom Group		19,800		98
				638
South Korea (12.7%)
BGF retail		800		85
DB HiTek		1,900		70
DB Insurance		2,100		139
DL E&C		332		10
Doosan Bobcat		3,200		122
Hana Financial Group		2,900		104
Hankook & Co		5,100		63
Hyundai GF Holdings		4,572		14
Hyundai Glovis		800		105
Hyundai Green Food*		2,427		21
Hyundai Home Shopping Network		1,000		33

LSV Emerging Markets Equity Fund
	Shares		Value (000)
South Korea (continued)
Hyundai Marine & Fire Insurance		2,800	$	71
Kginicis		1,700		16
Kia		4,000		307
KT*		4,800		127
KT&G		1,300		88
LG		2,100		129
Lotte Chilsung Beverage		736		76
LX International		2,700		57
LX Semicon		1,000		58
Samsung Electronics		10,400		565
Samsung Fire & Marine Insurance		600		119
Samsung SDS		1,000		114
Shinhan Financial Group		5,300		162
Shinsegae*		500		65
SK Telecom		2,100		79
SNT Motiv		2,000		66
Value Added Technology		2,700		65
Vieworks		2,300		47
Wonik QnC		2,913		61
				3,038
Taiwan (15.1%)
ASE Technology Holding		51,000		221
Cathay Financial Holding		43,000		60
Chicony Electronics		20,000		105
Chipbond Technology		22,000		51
ChipMOS Technologies		58,000		79
Compeq Manufacturing		58,000		129
CTBC Financial Holding		92,000		83
Foxsemicon Integrated Technology		12,000		83
Fubon Financial Holding		34,650		71
Global Mixed Mode Technology		8,000		63
Hon Hai Precision Industry		62,000		203
King Yuan Electronics		51,000		136
MediaTek		10,000		309
Micro-Star International		21,000		122
Novatek Microelectronics		11,000		179
Pou Chen		98,000		99
Powertech Technology		34,000		158
Primax Electronics		36,000		75
Radiant Opto-Electronics		29,000		128
Sigurd Microelectronics		41,000		88
Simplo Technology		9,000		116
Sino-American Silicon Products		16,000		98
SinoPac Financial Holdings		46		—
Taiwan Semiconductor Manufacturing		15,000		300
Topco Scientific		10,288		62
Tripod Technology		18,000		107
United Integrated Services		14,000		124

3

Schedule of Investments

January 31, 2024 (Unaudited)

LSV Emerging Markets Equity Fund
	Shares		Value (000)
Taiwan (continued)
United Microelectronics		126,000	$	196
Yuanta Financial Holding		129,472		112
Zhen Ding Technology Holding		28,000		90
Zyxel Group		4,000		6
				3,653
Thailand (2.1%)
Bangkok Bank		17,700		70
Kasikornbank		24,000		81
Kiatnakin Phatra Bank		43,700		60
Krung Thai Bank		286,900		129
Origin Property		273,000		63
Quality Houses		593,800		37
Supalai		96,600		54
				494
Turkey (1.8%)
BIM Birlesik Magazalar		11,400		143
Coca-Cola Icecek		6,400		113
Haci Omer Sabanci Holding		52,200		125
Turkiye Sise ve Cam Fabrikalari		29,600		48
				429
United Arab Emirates (1.6%)
Air Arabia PJSC		130,600		106
Emaar Properties PJSC		59,100		119
Emirates NBD Bank PJSC		31,300		151
				376
TOTAL FOREIGN COMMON STOCK (Cost $21,774)				23,340
Foreign Preferred Stock (1.9%)
Brazil** (1.9%)
Banco do Estado do Rio Grande do Sul		36,000		107
Cia Energetica de Minas Gerais		43,700		102
Itausa		59,010		120
Petroleo Brasileiro		16,500		135
				464
TOTAL FOREIGN PREFERRED STOCK (Cost $393)				464
Warrants (0.0%)
Thailand (0.0%)
Kiatnakin Phatra Bank 01/02/2025 *		3,642		—

LSV Emerging Markets Equity Fund
	Shares		Value (000)
Thailand (continued)
Kiatnakin Phatra Bank 01/03/2027*		3,642	$	—
				—
TOTAL WARRANTS (Cost $–)				—
	Face Amount (000)
Repurchase Agreement (1.4%)
South Street Securities 4.950%, dated 01/31/2024, to be repurchased on 02/01/2024, repurchase price $331 (collateralized by various U.S. Treasury obligations, ranging in par value $0 - $135, 0.375% - 4.500%, 04/30/2025 – 11/15/2033; total market value $338)	$	331		331
TOTAL REPURCHASE AGREEMENT (Cost $331)				331
Total Investments – 100.6% (Cost $22,498)			$	24,135

Percentages are based on Net Assets of $23,990 (000).

* Non-income producing security.

** No rate available.

‡ Real Estate Investment Trust.

(A) Security is Fair Valued.

(B) Level 3 security in accordance with fair value hierarchy.

ADR — American Depositary Receipt

Cl — Class

Ltd — Limited

PJSC — Public Joint Stock Company

Amounts designated as “—“ are $0 or have been rounded to $0.

LSV-QH-008-1100

4