American Funds - Portfolio holdings | American Funds

Portfolio Holdings

American Funds Insurance Series - New World Fund

As of March 31, 2019 (updated quarterly, upon availability)

Fixed-Income Securities* Shares or Principal Amount Market Value
ARGENT LETRAS DEL TESORO 0.0% 05-31-19 84,227,392 2,329,829
ARGENTINA T-BILL LETES ARS 0.0% 09-30-19 7,395,000 207,540
Argentina (Central Bank of) 0% 2019 263,018,532 7,120,089
Argentina (Central Bank of) 0% 2019 244,687,580 6,997,227
Argentina (Central Bank of) 0% 2019 29,609,138 699,888
Argentina (Central Bank of) 0% 2020 45,223,900 1,161,541
Argentina Republic Of Government, 0% 2020 30,175,000 677,600
Argentine Republic (Argentina Central Bank 7D Repo Reference Rate) 54.47% 2020 4,161,600 107,279
Argentine Republic (Badlar Private Banks ARS Index + 2.00%) 51.542% 2022 14,765,779 331,150
Argentine Republic 0% 2035 5,800,000 233,740
Argentine Republic 3.75% 2038 (5.25% on 3/31/2029) 1,700,000 988,125
Argentine Republic 7.50% 2026 1,725,000 1,468,191
Argentine Republic 8.28% 2033 1,317,916 1,097,165
BBVA Bancomer SA 6.50% 2021 525,000 552,038
Bahrain (Kingdom of) 6.75% 2029 500,000 527,612
Brazil (Federative Republic of) 10.00% 2025 5,320 1,447,047
Brazil (Federative Republic of) Global 5.625% 2047 1,995,000 1,986,272
Buenos Aires (City of) 8.95% 2021 706,850 702,468
Capital Group Central Cash Fund 2,322,250 232,178,559
Cemig Geração e Transmissão SA 9.25% 2024 480,000 522,000
Colombia (Republic of) 4.50% 2026 250,000 263,969
Columbia (Republic of) 4.50% 2029 1,000,000 1,057,500
Cote d'Ivoire (Republic of) 5.75% 2032 905,000 859,926
DP World Crescent 4.848% 2028 835,000 874,182
Dominican Republic 10.375% 2026 24,000,000 488,035
Dominican Republic 11.25% 2027 22,900,000 485,147
Dominican Republic 5.50% 2025 970,000 1,000,313
Dominican Republic 6.85% 2045 500,000 536,875
Dominican Republic 7.45% 2044 1,100,000 1,244,375
Dominican Republic 7.45% 2044 1,125,000 1,272,656
Dominican Republic 7.50% 2021 800,000 832,000
Dominican Republic 8.625% 2027 575,000 675,625
EGYPT T-BILL EGP 0% 04-09-19 19,000,000 1,096,224
Egypt (Arab Republic of) 0% 2019 39,100,000 2,205,026
Egypt (Arab Republic of) 0% 2019 18,625,000 1,059,215
Egypt (Arab Republic of) 0% 2019 15,375,000 870,479
Egypt (Arab Republic of) 7.50% 2027 640,000 671,763
Egypt (Arab Republic of) 8.50% 2047 1,000,000 1,023,289
Eskom Holdings Ltd. 5.75% 2021 985,000 973,303
Export Credit Bank of Turkey 5.375% 2021 590,000 564,689
Gazprom OJSC 6.51% 2022 600,000 640,418
Greece (Hellenic Republic of) 3.375% 2025 1,100,000 1,260,105
Guatemala (Republic of) 4.375% 2027 1,100,000 1,059,630
HSBK (Europe) BV 7.25% 2021 1,125,000 1,179,681
Honduras (Republic of) 6.25% 2027 1,000,000 1,061,250
Honduras (Republic of) 7.50% 2024 500,000 550,625
Indonesia (Republic of) 3.75% 2022 2,100,000 2,130,404
Indonesia (Republic of) 4.75% 2026 2,100,000 2,222,672
Indonesia (Republic of) 4.875% 2021 1,500,000 1,557,135
Indonesia (Republic of) 5.25% 2042 550,000 593,029
Iraq (Republic of) 5.80% 2028 455,000 438,034
Iraq (Republic of) 6.752% 2023 1,520,000 1,544,211
Jordan (Hashemite Kingdom of) 5.75% 2027 1,530,000 1,502,703
Jordan (Hashemite Kingdom of) 6.125% 2026 230,000 232,385
Kazahkstan (Republic of) 1.55% 2023 110,000 127,489
Kazakhstan (Republic of) 2.375% 2028 295,000 343,306
Kazakhstan (Republic of) 5.125% 2025 900,000 982,859
Kazakhstan (Republic of) 6.50% 2045 800,000 1,028,808
Kenya (Republic of) 6.875% 2024 1,350,000 1,389,164
Kenya (Republic of) 6.875% 2024 900,000 926,109
Kuwait (State of) 2.75% 2022 550,000 550,430
Nigeria (Republic of) 0% 2019 52,000,000 134,103
Nigeria (Republic of) 6.375% 2023 1,525,000 1,578,337
Pakistan (Islamic Republic of) 5.50% 2021 900,000 901,125
Pakistan (Islamic Republic of) 6.875% 2027 500,000 495,000
Pakistan (Islamic Republic of) 8.25% 2024 300,000 321,000
Pakistan (Islamic Republic of) 8.25% 2025 410,000 439,725
Panama (Republic of) 4.50% 2047 2,075,000 2,196,284
Paraguay (Republic of) 4.70% 2027 800,000 835,292
Paraguay (Republic of) 4.70% 2027 500,000 522,058
Paraguay (Republic of) 5.00% 2026 500,000 527,405
Paraguay (Republic of) 5.00% 2026 500,000 527,405
Peru (Republic of) 2.75% 2026 855,000 1,068,721
Peru (Republic of) 6.15% 2032 5,000,000 1,587,845
Petrobras Global Finance Co. 5.75% 2029 1,095,000 1,087,335
Petrobras Global Finance Co. 6.85% 2115 314,000 304,878
Petrobras Global Finance Co. 8.75% 2026 850,000 1,007,250
Petróleos Mexicanos 7.19% 2024 406,581 1,764,761
Petróleos Mexicanos 7.19% 2024 108,801 472,250
Petróleos Mexicanos 7.47% 2026 48,650 202,392
Petróleos Mexicanos 7.65% 2021 164,100 798,545
Poland (Republic of) 3.25% 2026 300,000 305,133
Qatar (State of) 4.50% 2028 1,500,000 1,605,816
Romania 2.875% 2029 1,350,000 1,534,912
Romania 5.125% 2048 1,500,000 1,499,550
Russian Federation 4.375% 2029 1,000,000 990,050
Russian Federation 6.50% 2024 70,000,000 1,007,620
Russian Federation 6.90% 2029 73,500,000 1,018,286
Saudi Arabia (Kingdom of) 2.375% 2021 375,000 369,102
Saudi Arabia (Kingdom of) 2.894% 2022 1,000,000 995,405
Saudi Arabia (Kingdom of) 3.25% 2026 810,000 790,027
Saudi Arabia (Kingdom of) 3.625% 2028 800,000 794,532
Senegal (Republic of) 4.75% 2028 1,000,000 1,111,335
South Africa (Republic of), Series R-186, 10.50% 2026 6,600,000 504,946
South Africa (Republic of), Series R-214, 6.50% 2041 14,450,000 709,594
Sri Lanka (Democratic Socialist Republic of) 5.75% 2022 250,000 249,993
Sri Lanka (Democratic Socialist Republic of) 5.875% 2022 200,000 200,946
Sri Lanka (Democratic Socialist Republic of) 6.125% 2025 410,000 400,265
Sri Lanka (Democratic Socialist Republic of) 6.20% 2027 600,000 577,360
Sri Lanka (Democratic Socialist Republic of) 6.20% 2027 200,000 192,453
Sri Lanka (Democratic Socialist Republic of) 6.75% 2028 500,000 494,970
Sri Lanka (Democratic Socialist Republic of) 6.825% 2026 1,010,000 1,015,237
Sri Lanka (Democratic Socialist Republic of) 6.85% 2025 200,000 201,761
State Grid Overseas Investment Ltd. 3.50% 2027 900,000 903,465
Turkey (Republic of) 10.70% 2022 1,030,000 137,075
Turkey (Republic of) 23.0% 08-12-20 2,254,000 409,726
Turkey (Republic of) 4.875% 2026 1,820,000 1,575,006
Turkey (Republic of) 4.875% 2043 300,000 222,935
Turkey (Republic of) 6.00% 2041 650,000 535,797
Turkey (Republic of) 6.75% 2040 1,000,000 888,772
Turkey (Republic of) 7.10% 2023 2,120,000 243,160
Turkey (Republic of) 7.25% 2023 900,000 908,466
Turkey (Republic of) 8.80% 2023 1,850,000 214,680
Ukraine Government 7.375% 2032 1,200,000 1,072,488
Ukraine Government 7.75% 2022 2,000,000 1,984,280
Ukraine Government 7.75% 2027 1,700,000 1,590,350
United Mexican States 4.00% 2023 932,000 959,284
United Mexican States 4.15% 2027 700,000 712,740
United Mexican States 4.35% 2047 540,000 506,925
VEB Finance Ltd. 6.902% 2020 600,000 616,560
Venezuela (Bolivarian Republic of) 11.75% 2026 64,000 20,320
Venezuela (Bolivarian Republic of) 11.95% 2031 106,000 32,860
Venezuela (Bolivarian Republic of) 12.75% 2022 85,000 25,713
Venezuela (Bolivarian Republic of) 6.00% 2020 950,000 281,438
Venezuela (Bolivarian Republic of) 7.00% 2018 64,000 18,240
Venezuela (Bolivarian Republic of) 7.00% 2038 107,000 31,298
Venezuela (Bolivarian Republic of) 7.65% 2025 129,000 38,055
Venezuela (Bolivarian Republic of) 7.75% 2019 1,149,000 334,646
Venezuela (Bolivarian Republic of) 8.25% 2024 299,000 90,074
Venezuela (Bolivarian Republic of) 9.00% 2023 1,383,000 420,086
Venezuela (Bolivarian Republic of) 9.25% 2027 170,000 54,400
Venezuela (Bolivarian Republic of) 9.25% 2028 319,000 95,301
Equity Securities* Shares or Principal Amount Market Value Percent of Net Assets
AAC Technologies Holdings Inc. 1,282,600 7,589,446 0.22
AIA Group Ltd. 6,477,600 64,487,601 1.90
ASML Holding NV 33,500 6,283,146 0.19
AbbVie Inc. 111,000 8,945,490 0.26
Abbott Laboratories 263,000 21,024,220 0.62
Acacia Communications, Inc. 105,500 6,050,425 0.18
Accenture PLC, Class A 75,000 13,201,500 0.39
Activision Blizzard, Inc. 391,900 17,843,207 0.53
Adobe Inc. 50,400 13,431,096 0.40
Agricultural Bank of China Ltd., Class H 3,992,000 1,840,909 0.05
Air Products and Chemicals, Inc. 17,000 3,246,320 0.10
Airbus SE, non-registered shares 286,029 37,828,572 1.12
Akbank TAS 2,210,000 2,505,103 0.07
Alibaba Group Holding Ltd. (ADR) 440,037 80,284,751 2.37
Alphabet Inc., Class A 16,900 19,889,441 0.59
Alphabet Inc., Class C 37,300 43,764,463 1.29
Amadeus IT Group SA, Class A, non-registered shares 191,300 15,321,781 0.45
American Tower Corp. REIT 176,800 34,840,208 1.03
Amphenol Corp., Class A 190,000 17,943,600 0.53
América Móvil, SAB de CV, Series L 525,000 375,420 0.01
América Móvil, SAB de CV, Series L (ADR) 150,000 2,142,000 0.06
Anheuser-Busch InBev SA/NV 31,000 2,599,723 0.08
Arkema SA 16,300 1,551,625 0.05
Asahi Intecc Co., Ltd. 270,300 12,682,126 0.37
AstraZeneca PLC 1,200 94,558 0.00
AstraZeneca PLC 268,500 21,454,575 0.63
Ayala Corp. 89,000 1,593,220 0.05
Ayala Land, Inc. 2,614,000 2,235,167 0.07
Ayala Land, Inc., preference shares 15,000,000 25,709 0.00
Azul SA, preference shares 838,500 8,195,792 0.24
Azul SA, preference shares (ADR) 866,446 25,308,888 0.75
B3 SA - Brasil, Bolsa, Balcao 6,435,200 52,791,864 1.56
BASF SE 21,700 1,595,130 0.05
BP PLC 1,408,000 10,242,050 0.30
Baidu, Inc., Class A (ADR) 15,800 2,604,630 0.08
Baker Hughes, a GE Co., Class A 190,000 5,266,800 0.16
Bank Central Asia Tbk PT 7,224,000 14,077,669 0.42
Bank of China Ltd., Class H 6,952,000 3,152,774 0.09
Berry Genomics Co., Ltd., Class A 107,500 697,449 0.02
Bharat Financial Inclusion Ltd. 108,000 1,761,986 0.05
BioMarin Pharmaceutical Inc. 318,000 28,247,940 0.83
Boeing Co. 21,500 8,200,530 0.24
Boston Scientific Corp. 109,000 4,183,420 0.12
British American Tobacco PLC 335,000 13,936,085 0.41
Broadcom Inc. 167,150 50,263,677 1.48
CCL Industries Inc., Class B, non-voting 295,000 11,942,605 0.35
CNOOC Ltd. 4,303,000 8,057,898 0.24
CP ALL PCL, foreign registered 768,000 1,808,981 0.05
CSL Ltd. 42,500 5,882,729 0.17
Capitec Bank Holdings Ltd. 148,876 13,929,212 0.41
Carl Zeiss Meditec AG, non-registered shares 216,552 18,085,186 0.53
Caterpillar Inc. 9,000 1,219,410 0.04
Celanese Corp. 22,000 2,169,420 0.06
Central Pattana PCL, foreign registered 820,000 1,892,705 0.06
China Construction Bank Corp., Class H 4,281,000 3,670,231 0.11
China Overseas Land & Investment Ltd. 270,000 1,024,975 0.03
China Petroleum & Chemical Corp., Class H 6,830,000 5,385,729 0.16
China Resources Gas Group Ltd. 1,602,000 7,550,876 0.22
Chongqing Fuling Zhacai Group Co., Ltd., Class A 1,122,000 5,179,078 0.15
Coca-Cola FEMSA, SAB de CV, Series L 329,000 2,174,830 0.06
Coca-Cola HBC AG (CDI) 67,000 2,281,958 0.07
Credicorp Ltd. 44,900 10,773,755 0.32
Ctrip.com International, Ltd. (ADR) 92,000 4,019,480 0.12
Domino's Pizza, Inc. 42,100 10,866,010 0.32
ENN Energy Holdings Ltd. 1,580,000 15,276,785 0.45
EPAM Systems, Inc. 167,200 28,278,536 0.84
Edenred SA 211,700 9,634,339 0.28
Eicher Motors Ltd. 6,100 1,809,325 0.05
Electronic Arts Inc. 38,400 3,902,592 0.12
Embassy Office Parks REIT 717,600 3,107,615 0.09
En+ Group PLC (GDR) 1,886,800 15,452,892 0.46
Exxon Mobil Corp. 32,000 2,585,600 0.08
Facebook, Inc., Class A 265,700 44,289,533 1.31
Fast Retailing Co., Ltd. 2,300 1,079,753 0.03
Ferrari NV 81,300 10,898,194 0.32
Fibra Uno Administración, SA de CV REIT 580,296 801,821 0.02
First Quantum Minerals Ltd. 3,305,000 37,468,290 1.11
Fomento Económico Mexicano, SAB de CV 302,000 2,787,357 0.08
Fortescue Metals Group Ltd. 4,618,395 23,315,762 0.69
Foshan Haitian Flavouring and Food Co., Ltd., Class A, warrants, expire 2022 348,300 4,493,558 0.13
Fox Corp., Class A 17,066 626,493 0.02
Freeport-McMoRan Inc. 3,945,000 50,851,050 1.50
GVC Holdings PLC 115,000 837,280 0.02
Galaxy Entertainment Group Ltd. 2,395,000 16,307,461 0.48
General Motors Co. 542,000 20,108,200 0.59
Glencore PLC 999,000 4,136,999 0.12
Globant SA 105,000 7,497,000 0.22
Godrej Consumer Products Ltd. 589,961 5,842,126 0.17
Grifols, SA, Class B, nonvoting preferred, non-registered shares 172,000 3,411,197 0.10
Grupo Financiero Galicia SA, Class B (ADR) 235,000 5,997,200 0.18
Guangzhou Baiyun International Airport Co. Ltd., Class A 147,950 325,392 0.01
HDFC Bank Ltd. 2,702,450 90,461,369 2.67
HOYA Corp. 52,000 3,429,288 0.10
HUYA, Inc. (ADR) 329,600 9,271,648 0.27
Halliburton Co. 325,000 9,522,500 0.28
Halma PLC 357,600 7,787,442 0.23
Herbalife Nutrition Ltd. 77,000 4,080,230 0.12
Hermès International 11,700 7,719,816 0.23
Hexagon AB, Class B 124,840 6,512,364 0.19
Hikma Pharmaceuticals PLC 87,000 2,030,005 0.06
Hypera SA, ordinary nominative 249,200 1,648,455 0.05
Hyundai Mobis Co., Ltd. 11,406 2,095,103 0.06
Hyundai Motor Co. 20,000 2,105,541 0.06
IHH Healthcare Bhd. 1,608,000 2,272,666 0.07
IndusInd Bank Ltd. 475,000 12,204,980 0.36
Industria de Diseño Textil, SA 83,027 2,440,151 0.07
Infineon Technologies AG 493,600 9,792,110 0.29
Infraestructura Energética Nova, SAB de CV 599,863 2,410,856 0.07
Inphi Corp. 65,000 2,843,100 0.08
Intel Corp. 56,460 3,031,902 0.09
InterContinental Hotels Group PLC 38,950 2,341,209 0.07
International Flavors & Fragrances Inc. 20,000 2,575,800 0.08
Intouch Holdings PCL, foreign registered 1,192,000 2,159,761 0.06
Itaú Unibanco Holding SA, preferred nominative 457,000 4,018,673 0.12
Itaú Unibanco Holding SA, preferred nominative (ADR) 848,500 7,475,285 0.22
JBS SA, ordinary nominative 9,595,600 39,016,168 1.15
Johnson Controls International PLC 37,000 1,366,780 0.04
Kao Corp. 24,000 1,887,864 0.06
Kering SA 4,100 2,351,098 0.07
Keyence Corp. 44,500 27,692,547 0.82
Kingdee International Software Group Co. Ltd. 26,128,917 30,223,195 0.89
Kirin Holdings Co., Ltd. 621,000 14,806,393 0.44
Klabin SA, units 451,400 1,963,386 0.06
Knorr-Bremse AG, non-registered shares 93,000 9,235,693 0.27
Komatsu Ltd. 67,000 1,553,943 0.05
Koninklijke DSM NV 89,000 9,700,041 0.29
Koninklijke Philips NV 294,500 11,996,855 0.35
Kotak Mahindra Bank Ltd. 853,000 16,432,025 0.49
Kweichow Moutai Co., Ltd., Class A 244,699 31,095,875 0.92
LUKOIL Oil Co. PJSC (ADR) 303,000 27,148,800 0.80
LVMH Moët Hennessy-Louis Vuitton SE 6,700 2,464,406 0.07
Largan Precision Co., Ltd. 73,000 10,895,346 0.32
Longfor Group Holdings Ltd. 677,000 2,384,608 0.07
MGM Resorts International 60,000 1,539,600 0.05
MTU Aero Engines AG 20,500 4,640,568 0.14
MakeMyTrip Ltd., non-registered shares 672,500 18,561,000 0.55
Marriott International, Inc., Class A 144,800 18,113,032 0.53
Maruti Suzuki India Ltd. 132,500 12,762,366 0.38
Mastercard Inc., Class A 85,500 20,130,975 0.59
Meituan Dianping, Class B 3,508,200 23,641,396 0.70
Meituan Dianping, Class B 239,754 1,615,677 0.05
Melco Resorts & Entertainment Ltd. (ADR) 931,500 21,042,585 0.62
MercadoLibre, Inc. 8,000 4,061,840 0.12
Merck & Co., Inc. 62,000 5,156,540 0.15
Metropolitan Bank & Trust Co. 1,117,740 1,700,770 0.05
Micron Technology, Inc. 54,200 2,240,086 0.07
Microsoft Corp. 393,700 46,432,978 1.37
Midea Group Co., Ltd., Class A 150,067 1,088,177 0.03
Mondelez International, Inc. 21,800 1,088,256 0.03
Moscow Exchange MICEX-RTS PJSC 783,000 1,089,545 0.03
Motherson Sumi Systems Ltd. 801,061 1,731,055 0.05
Murata Manufacturing Co., Ltd. 156,900 7,803,237 0.23
NIKE, Inc., Class B 54,000 4,547,340 0.13
NMC Health PLC 85,000 2,528,576 0.07
NVIDIA Corp. 42,000 7,541,520 0.22
Naspers Ltd., Class N 57,600 13,302,002 0.39
Nestlé SA 258,196 24,607,382 0.73
Nidec Corp. 154,100 19,500,609 0.58
Noble Energy, Inc. 82,000 2,027,860 0.06
Notre Dame Intermedica Participacoes SA 2,087,000 17,483,392 0.52
Novartis AG 86,850 8,353,997 0.25
Novatek PJSC (GDR) 55,000 9,427,000 0.28
Occidental Petroleum Corp. 87,000 5,759,400 0.17
OdontoPrev SA, ordinary nominative 2,385,000 9,989,912 0.30
Oil Search Ltd. 565,000 3,149,249 0.09
Old Mutual Ltd. Group 1,140,000 1,727,925 0.05
PICC Property and Casualty Co. Ltd., Class H 9,880,000 11,226,772 0.33
PagSeguro Digital Ltd., Class A 2,774,623 82,822,497 2.45
Pampa Energía SA (ADR) 310,000 8,546,700 0.25
PayPal Holdings, Inc. 125,000 12,980,000 0.38
PerkinElmer, Inc. 19,810 1,908,892 0.06
Pernod Ricard SA 22,330 4,007,788 0.12
Petróleo Brasileiro SA (Petrobras), ordinary nominative (ADR) 1,000,000 15,920,000 0.47
Pfizer Inc. 115,500 4,905,285 0.14
Pigeon Corp. 230,600 9,415,005 0.28
Prudential PLC 197,000 3,944,958 0.12
Rational AG 16,300 10,056,489 0.30
Reliance Industries Ltd. 11,548,513 227,261,066 6.71
Renesas Electronics Corp. 109,100 504,008 0.01
Rio Tinto PLC 290,000 16,849,665 0.50
Royal Dutch Shell PLC, Class A 68,628 2,157,296 0.06
Royal Dutch Shell PLC, Class B 1,284,000 40,604,556 1.20
Rumo SA 2,344,000 11,464,518 0.34
Ryanair Holdings PLC (ADR) 30,000 2,248,200 0.07
Ryohin Keikaku Co., Ltd. 17,300 4,376,902 0.13
SIG Combibloc Group AG 242,000 2,478,935 0.07
SMC Corp. 5,900 2,210,836 0.07
Safran SA 41,000 5,622,491 0.17
Samsonite International SA 1,221,000 3,911,891 0.12
Samsung Electronics Co., Ltd. 305,000 11,997,401 0.35
Samsung Electronics Co., Ltd., nonvoting preferred 149,500 4,774,359 0.14
Sberbank of Russia PJSC (ADR) 682,500 8,995,350 0.27
Sberbank of Russia PJSC (ADR) 1,207,000 16,004,820 0.47
Shanghai International Airport Co., Ltd., Class A 2,200,532 20,351,041 0.60
Shriram Transport Finance Co. Ltd. 1,150,000 21,205,485 0.63
SoftBank Group Corp. 61,000 5,913,967 0.17
Sony Corp. 385,000 16,135,748 0.48
Spotify Technology SA 11,000 1,526,800 0.05
StoneCo Ltd., Class A 1,055,226 43,380,341 1.28
Straumann Holding AG 2,700 2,203,113 0.07
Sunny Optical Technology (Group) Co., Ltd. 469,000 5,601,150 0.17
Suzuki Motor Corp. 47,000 2,077,109 0.06
TE Connectivity Ltd. 27,500 2,220,625 0.07
TOTAL SA 20,259 1,125,368 0.03
Taiwan Semiconductor Manufacturing Co., Ltd. 10,110,000 80,530,978 2.38
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR) 400,000 16,384,000 0.48
Tata Steel Ltd. 272,435 2,048,916 0.06
Teck Resources Ltd., Class B 121,000 2,799,656 0.08
Temenos AG 129,800 19,135,968 0.57
Tencent Holdings Ltd. 535,600 24,630,934 0.73
Teva Pharmaceutical Industries Ltd. (ADR) 465,000 7,291,200 0.22
Thai Beverage PCL 6,250,000 3,896,882 0.12
The People's Insurance Co. (Group) of China Ltd., Class H 10,780,000 4,614,144 0.14
Thermo Fisher Scientific Inc. 49,200 13,467,024 0.40
Tokyo Electron Ltd. 21,000 3,031,670 0.09
TravelSky Technology Ltd., Class H 3,818,448 10,093,414 0.30
Treasury Wine Estates Ltd. 3,700,000 39,223,872 1.16
Turkiye Garanti Bankasi AS 1,903,700 2,847,612 0.08
UPL Ltd. 1,155,000 15,986,601 0.47
Ultrapar Participacoes SA, ordinary nominative 947,803 11,377,461 0.34
UniCredit SpA 616,305 7,900,635 0.23
Vale SA, ordinary nominative 3,452,660 44,911,432 1.33
Vale SA, ordinary nominative (ADR) 1,976,000 25,806,560 0.76
Valeo SA, non-registered shares 35,000 1,014,903 0.03
VeriSign, Inc. 18,000 3,268,080 0.10
Vietnam Technological and Commercial JSCB Joint-stock Bank (The) 5,805,516 6,830,313 0.20
Vinhomes JSC 1,706,225 6,728,133 0.20
Visa Inc., Class A 165,800 25,896,302 0.76
Vivo Energy PLC 670,000 1,119,774 0.03
Volkswagen AG, nonvoting preferred 95,000 14,953,376 0.44
Walt Disney Co. 299 33,198 0.00
Western Union Co. 124,000 2,290,280 0.07
WuXi AppTec Co., Ltd. Class H 218,000 2,653,507 0.08
Xiaomi Corp., Class B 898,000 1,301,822 0.04
YY Inc., Class A (ADR) 274,000 23,018,740 0.68
Yandex NV, Class A 384,500 13,203,730 0.39
Yunnan Baiyao Group Co., Ltd., Class A 2,730,912 34,744,945 1.03
Zhongsheng Group Holdings Ltd. 1,003,000 2,488,989 0.07
Zoetis Inc., Class A 40,000 4,026,800 0.12
a2 Milk Co. Ltd. 713,228 6,897,543 0.20
bioMérieux SA 134,200 11,094,713 0.33

Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.

*
Excludes certain securities in initial period of acquisition.