American Funds - Portfolio holdings | American Funds

Portfolio Holdings

American Funds Insurance Series - New World Fund

As of December 31, 2018 (updated quarterly, upon availability)

Fixed-Income Securities* Shares or Principal Amount Market Value
AMERICAN HONDA FINANCE CORPORATION CP 1/10/2019 25,000,000 24,982,850
ANZ NEW ZEALAND INTL LTD (LONDON B 4(2) CP 3/13/2019 20,000,000 19,892,680
ARGENT LETRAS DEL TESORO 0.0% 05-31-19 55,290,400 1,627,963
ARGENTINA T-BILL LETES ARS 0.0% 09-30-19 7,395,000 220,907
Argentina (Central Bank of) 0% 2019 260,249,532 7,864,152
Argentina (Central Bank of) 0% 2019 51,264,513 1,574,961
Argentina (Central Bank of) 0% 2019 28,909,841 865,530
Argentina (Central Bank of) 0% 2019 244,687,580 7,374,413
Argentina (Central Bank of) 0% 2020 45,223,900 1,320,893
Argentine Republic (Argentina Central Bank 7D Repo Reference Rate) 65.509% 2020 4,161,600 119,217
Argentine Republic (Badlar Private Banks ARS Index + 2.00%) 37.717% 2022 14,765,779 375,362
Argentine Republic (Badlar Private Banks ARS Index + 2.50%) 49.529% 2019 30,797,512 818,478
Argentine Republic 0% 2035 5,800,000 247,080
Argentine Republic 6.875% 2021 700,000 635,082
Argentine Republic 7.50% 2026 525,000 422,297
Argentine Republic 8.28% 2033 1,317,916 1,034,564
BANK OF NOVA SCOTIA 4(2) CP 2/19/2019 50,000,000 49,819,800
BBVA Bancomer SA 6.50% 2021 525,000 546,005
Bahrain (Kingdom of) 6.75% 2029 1,000,000 982,439
Brazil (Federative Republic of) 10.00% 2023 1,000 270,435
Brazil (Federative Republic of) 10.00% 2025 3,820 1,030,127
Brazil (Federative Republic of) Global 5.625% 2047 1,995,000 1,888,537
Buenos Aires (City of) 8.95% 2021 1,055,000 1,053,629
COLGATE-PALMOLIVE CO 4(2) CP 1/14/2019 20,000,000 19,981,411
COMMONWEALTH BANK OF AUSTRALIA 4(2) CP 1/23/2019 49,600,000 49,521,880
Cemig Geração e Transmissão SA 9.25% 2024 480,000 512,640
Colombia (Republic of) 4.50% 2026 250,000 250,469
Columbia (Republic of) 4.50% 2029 1,000,000 990,000
Cote d'Ivoire (Republic of) 5.25% 2030 1,100,000 1,114,572
Cote d'Ivoire (Republic of) 5.75% 2032 905,000 801,215
DP World Crescent 4.848% 2028 835,000 819,561
Digicel Group Ltd. 6.00% 2021 350,000 315,875
Dominican Republic 10.375% 2026 24,000,000 469,328
Dominican Republic 11.25% 2027 22,900,000 471,408
Dominican Republic 5.50% 2025 970,000 963,938
Dominican Republic 6.85% 2045 500,000 493,750
Dominican Republic 7.45% 2044 1,100,000 1,146,750
Dominican Republic 7.45% 2044 1,125,000 1,172,813
Dominican Republic 7.50% 2021 800,000 828,000
Dominican Republic 8.625% 2027 575,000 659,813
EXXON MOBIL CORPORATION CP 1/8/2019 40,000,000 39,978,600
Egypt (Arab Republic of) 0% 2019 39,100,000 2,028,057
Egypt (Arab Republic of) 5.577% 2023 500,000 475,173
Egypt (Arab Republic of) 6.588% 2028 500,000 447,500
Egypt (Arab Republic of) 7.50% 2027 640,000 612,340
Egypt (Arab Republic of) 8.50% 2047 490,000 443,960
Egypt (Arab Republic of) 8.50% 2047 1,000,000 906,041
Eskom Holdings Ltd. 5.75% 2021 985,000 931,036
Export Credit Bank of Turkey 5.375% 2021 590,000 571,740
FED HM LN BK BD 2/22/2019 95,500,000 95,169,446
Gazprom OJSC 6.51% 2022 600,000 628,075
Grupo Televisa, SAB 7.25% 2043 2,000,000 67,277
Guatemala (Republic of) 4.375% 2027 1,100,000 1,017,500
HSBK (Europe) BV 7.25% 2021 1,125,000 1,176,589
Honduras (Republic of) 6.25% 2027 1,000,000 992,600
Honduras (Republic of) 7.50% 2024 500,000 527,055
Indonesia (Republic of) 3.75% 2022 2,100,000 2,082,837
Indonesia (Republic of) 4.75% 2026 2,100,000 2,132,096
Indonesia (Republic of) 4.875% 2021 1,500,000 1,535,042
Indonesia (Republic of) 5.25% 2042 550,000 554,380
Iraq (Republic of) 5.80% 2028 455,000 409,227
Iraq (Republic of) 6.752% 2023 1,520,000 1,451,445
Jordan (Hashemite Kingdom of) 5.75% 2027 1,530,000 1,408,876
Jordan (Hashemite Kingdom of) 6.125% 2026 230,000 220,730
Kazahkstan (Republic of) 1.55% 2023 110,000 126,913
Kazakhstan (Republic of) 2.375% 2028 295,000 335,493
Kazakhstan (Republic of) 5.125% 2025 900,000 953,816
Kazakhstan (Republic of) 6.50% 2045 800,000 961,146
Kenya (Republic of) 6.875% 2024 1,350,000 1,272,341
Kenya (Republic of) 6.875% 2024 900,000 848,228
Kuwait (State of) 2.75% 2022 550,000 540,750
Lima Metro Line Finance Ltd. 5.875% 2034 335,000 334,576
MIZUHO CORPORATE BANK/NY 4(2) CP 2/1/2019 69,800,000 69,644,579
Morocco (Kingdom of) 4.25% 2022 1,400,000 1,406,916
Morocco (Kingdom of) 4.25% 2022 250,000 251,235
Morocco (Kingdom of) 5.50% 2042 2,200,000 2,257,211
Nigeria (Republic of) 0% 2019 85,230,000 234,361
Nigeria (Republic of) 0% 2019 49,100,000 132,557
Nigeria (Republic of) 0% 2019 106,000,000 286,926
Nigeria (Republic of) 6.375% 2023 1,525,000 1,467,373
Pakistan (Islamic Republic of) 5.50% 2021 900,000 871,178
Pakistan (Islamic Republic of) 6.875% 2027 500,000 455,295
Pakistan (Islamic Republic of) 8.25% 2024 300,000 303,378
Pakistan (Islamic Republic of) 8.25% 2025 410,000 412,934
Panama (Republic of) 4.50% 2047 2,075,000 2,023,125
Paraguay (Republic of) 4.625% 2023 250,000 251,469
Paraguay (Republic of) 4.70% 2027 800,000 794,000
Paraguay (Republic of) 4.70% 2027 500,000 496,250
Paraguay (Republic of) 5.00% 2026 500,000 506,875
Paraguay (Republic of) 5.00% 2026 500,000 506,875
Paraguay (Republic of) 5.60% 2048 230,000 227,125
Pemex Project Funding Master Trust, Series 13, 6.625% 2035 300,000 263,400
Peru (Republic of) 2.75% 2026 855,000 1,064,280
Peru (Republic of) 5.625% 2050 130,000 152,945
Peru (Republic of) 6.55% 2037 382,000 484,185
Petrobras Global Finance Co. 4.375% 2023 310,000 296,320
Petrobras Global Finance Co. 5.75% 2029 1,095,000 1,015,613
Petrobras Global Finance Co. 6.125% 2022 218,000 224,268
Petrobras Global Finance Co. 6.25% 2024 90,000 91,643
Petrobras Global Finance Co. 6.85% 2115 314,000 281,737
Petrobras Global Finance Co. 8.75% 2026 850,000 954,975
Petroleos Mexicanos 6.35% 2048 612,000 490,530
Petróleos Mexicanos 3.50% 2023 1,045,000 948,338
Petróleos Mexicanos 6.375% 2021 505,000 511,818
Petróleos Mexicanos 6.875% 2026 600,000 584,700
Poland (Republic of) 3.25% 2026 300,000 294,290
Qatar (State of) 4.50% 2028 1,500,000 1,569,306
Romania (Republic of) 2.875% 2029 600,000 667,727
Romania 5.125% 2048 1,500,000 1,449,390
Russian Federation 4.375% 2029 1,000,000 949,267
SWEDBANK AB CP 2/1/2019 88,900,000 88,704,776
Saudi Arabia (Kingdom of) 2.375% 2021 375,000 361,748
Saudi Arabia (Kingdom of) 2.894% 2022 1,000,000 975,550
Saudi Arabia (Kingdom of) 3.25% 2026 810,000 759,218
Saudi Arabia (Kingdom of) 3.625% 2028 800,000 758,540
Senegal (Republic of) 4.75% 2028 1,000,000 1,057,791
South Africa (Republic of), Series R-186, 10.50% 2026 6,600,000 499,478
South Africa (Republic of), Series R-214, 6.50% 2041 14,450,000 701,281
Sri Lanka (Democratic Socialist Republic of) 5.75% 2022 250,000 236,293
Sri Lanka (Democratic Socialist Republic of) 5.875% 2022 200,000 188,034
Sri Lanka (Democratic Socialist Republic of) 6.00% 2019 400,000 399,000
Sri Lanka (Democratic Socialist Republic of) 6.125% 2025 410,000 370,084
Sri Lanka (Democratic Socialist Republic of) 6.20% 2027 600,000 531,088
Sri Lanka (Democratic Socialist Republic of) 6.20% 2027 200,000 177,029
Sri Lanka (Democratic Socialist Republic of) 6.825% 2026 1,010,000 936,930
Sri Lanka (Democratic Socialist Republic of) 6.85% 2025 200,000 187,472
State Grid Overseas Investment Ltd. 3.50% 2027 900,000 868,371
TORONTO-DOMINION BANK 4(2) CP 1/7/2019 21,100,000 21,090,336
Teva Pharmaceutical Finance Co. BV 3.15% 2026 700,000 535,401
Turkey (Republic of) 10.70% 2022 1,030,000 158,747
Turkey (Republic of) 4.875% 2026 1,820,000 1,616,726
Turkey (Republic of) 4.875% 2043 300,000 223,752
Turkey (Republic of) 6.00% 2041 650,000 550,348
Turkey (Republic of) 6.75% 2040 1,000,000 918,580
Turkey (Republic of) 7.10% 2023 2,120,000 281,198
Turkey (Republic of) 7.25% 2023 900,000 926,510
Turkey (Republic of) 8.80% 2023 1,850,000 257,270
Ukraine Government 7.375% 2032 1,200,000 956,423
Ukraine Government 7.75% 2022 2,000,000 1,842,720
Ukraine Government 7.75% 2027 1,100,000 933,701
United Mexican States 4.00% 2023 932,000 928,817
United Mexican States 4.15% 2027 700,000 677,887
United Mexican States 4.35% 2047 540,000 464,805
United Mexican States 5.75% 2110 140,000 132,125
United Mexican States, Series M, 5.75% 2026 100,000 430,348
United Mexican States, Series M20, 10.00% 2024 110,000 595,072
VEB Finance Ltd. 6.902% 2020 600,000 614,408
Venezuela (Bolivarian Republic of) 11.75% 2026 64,000 15,920
Venezuela (Bolivarian Republic of) 11.95% 2031 106,000 25,308
Venezuela (Bolivarian Republic of) 12.75% 2022 85,000 20,400
Venezuela (Bolivarian Republic of) 6.00% 2020 950,000 219,688
Venezuela (Bolivarian Republic of) 7.00% 2018 64,000 13,760
Venezuela (Bolivarian Republic of) 7.00% 2038 107,000 24,610
Venezuela (Bolivarian Republic of) 7.65% 2025 129,000 29,993
Venezuela (Bolivarian Republic of) 7.75% 2019 1,149,000 266,798
Venezuela (Bolivarian Republic of) 8.25% 2024 299,000 70,265
Venezuela (Bolivarian Republic of) 9.00% 2023 1,383,000 313,768
Venezuela (Bolivarian Republic of) 9.25% 2027 170,000 40,375
Venezuela (Bolivarian Republic of) 9.25% 2028 319,000 74,168
YPF SA 8.50% 2025 860,000 775,075
Equity Securities* Shares or Principal Amount Market Value Percent of Net Assets
AAC Technologies Holdings Inc. 1,628,100 9,449,862 0.31
AIA Group Ltd. 6,477,600 53,769,747 1.79
ASML Holding NV 38,400 6,034,601 0.20
AbbVie Inc. 111,000 10,233,090 0.34
Abbott Laboratories 213,000 15,406,290 0.51
Acacia Communications, Inc. 138,000 5,244,000 0.17
Accor SA 29,488 1,253,794 0.04
Activision Blizzard, Inc. 328,300 15,288,931 0.51
Agricultural Bank of China Ltd., Class H 3,992,000 1,748,619 0.06
Air Products and Chemicals, Inc. 17,000 2,720,850 0.09
Airbus SE, non-registered shares 280,229 26,957,237 0.90
Akbank TAS 1,700,000 2,203,496 0.07
Alibaba Group Holding Ltd. (ADR) 386,237 52,941,506 1.76
Alphabet Inc., Class A 16,900 17,659,824 0.59
Alphabet Inc., Class C 47,300 48,984,353 1.63
Amadeus IT Group SA, Class A, non-registered shares 191,300 13,335,031 0.44
American Tower Corp. REIT 176,800 27,967,992 0.93
Amphenol Corp., Class A 190,000 15,393,800 0.51
América Móvil, SAB de CV, Series L 525,000 373,211 0.01
América Móvil, SAB de CV, Series L (ADR) 150,000 2,137,500 0.07
Anheuser-Busch InBev SA/NV 14,500 958,592 0.03
Asahi Intecc Co., Ltd. 270,300 11,403,015 0.38
AstraZeneca PLC 268,500 20,099,174 0.67
Ayala Corp. 89,000 1,524,473 0.05
Ayala Land, Inc. 2,614,000 2,017,515 0.07
Ayala Land, Inc., preference shares 15,000,000 25,673 0.00
Azul SA, preference shares 838,500 7,788,428 0.26
Azul SA, preference shares (ADR) 866,446 23,991,890 0.80
B3 SA - Brasil, Bolsa, Balcao 6,435,200 44,514,665 1.48
Baidu, Inc., Class A (ADR) 15,800 2,505,880 0.08
Baker Hughes, a GE Co., Class A 190,000 4,085,000 0.14
Bank Central Asia Tbk PT 5,704,000 10,292,040 0.34
Bank of China Ltd., Class H 6,952,000 3,000,799 0.10
Berry Genomics Co., Ltd., Class A 107,500 500,734 0.02
Bharat Financial Inclusion Ltd. 98,544 1,429,428 0.05
BioMarin Pharmaceutical Inc. 318,000 27,077,700 0.90
Boeing Co. 21,500 6,933,750 0.23
Booking Holdings Inc. 3,320 5,718,434 0.19
British American Tobacco PLC 1,529,000 48,721,585 1.62
Broadcom Inc. 167,150 42,502,902 1.41
CCL Industries Inc., Class B, non-voting 295,000 10,817,243 0.36
CNOOC Ltd. 4,303,000 6,649,167 0.22
CP ALL PCL, foreign registered 768,000 1,623,864 0.05
CSL Ltd. 125,431 16,358,391 0.54
Capitec Bank Holdings Ltd. 127,876 9,936,776 0.33
Carl Zeiss Meditec AG, non-registered shares 202,318 15,832,260 0.53
Caterpillar Inc. 9,000 1,143,630 0.04
Celanese Corp. 22,000 1,979,340 0.07
Central Pattana PCL, foreign registered 820,000 1,886,034 0.06
Chevron Corp. 8,000 870,320 0.03
China Biologic Products Holdings, Inc. 22,000 1,670,020 0.06
China Construction Bank Corp., Class H 4,281,535 3,532,178 0.12
China Hongqiao Group Ltd. 15,552,000 8,838,056 0.29
China Overseas Land & Investment Ltd. 270,000 927,527 0.03
China Petroleum & Chemical Corp., Class H 6,830,000 4,875,768 0.16
China Resources Gas Group Ltd. 1,602,000 6,342,124 0.21
Chongqing Fuling Zhacai Group Co., Ltd., Class A 1,122,000 3,552,458 0.12
Coca-Cola FEMSA, SAB de CV, Series L 329,000 1,994,751 0.07
Coca-Cola HBC AG (CDI) 67,000 2,093,964 0.07
Credicorp Ltd. 44,900 9,952,983 0.33
Ctrip.com International, Ltd. (ADR) 92,000 2,489,520 0.08
Domino's Pizza, Inc. 42,100 10,440,379 0.35
ENN Energy Holdings Ltd. 1,580,000 14,013,281 0.47
EPAM Systems, Inc. 167,200 19,396,872 0.64
Edenred SA 211,700 7,788,450 0.26
Eicher Motors Ltd. 6,100 2,023,432 0.07
Electronic Arts Inc. 26,700 2,106,897 0.07
En+ Group PLC (GDR) 1,886,800 11,343,819 0.38
Exxon Mobil Corp. 32,000 2,182,080 0.07
Facebook, Inc., Class A 162,200 21,262,798 0.71
Ferrari NV 81,300 8,087,691 0.27
Fibra Uno Administración, SA de CV REIT 1,297,496 1,441,974 0.05
First Quantum Minerals Ltd. 3,305,000 26,726,633 0.89
Fomento Económico Mexicano, SAB de CV 302,000 2,592,973 0.09
Foshan Haitian Flavouring and Food Co., Ltd., Class A, warrants, expire 2022 348,300 3,502,380 0.12
GRUMA, SAB de CV, Series B 415,645 4,710,224 0.16
GVC Holdings PLC 115,000 987,942 0.03
Galaxy Entertainment Group Ltd. 2,395,000 15,231,594 0.51
General Motors Co. 542,000 18,129,900 0.60
Glencore PLC 999,000 3,709,834 0.12
Globant SA 105,000 5,913,600 0.20
Godrej Consumer Products Ltd. 997,650 11,584,115 0.38
Grifols, SA, Class B, preferred nonvoting, non-registered shares 172,000 3,180,694 0.11
Grupo Financiero Galicia SA, Class B (ADR) 235,000 6,478,950 0.22
Guangzhou Baiyun International Airport Co. Ltd., Class A 147,950 217,173 0.01
HDFC Bank Ltd. 2,688,876 81,715,795 2.71
HOYA Corp. 52,000 3,127,615 0.10
HUYA, Inc. (ADR) 329,600 5,102,208 0.17
Halma PLC 357,600 6,217,071 0.21
Herbalife Nutrition Ltd. 77,000 4,539,150 0.15
Hermès International 11,700 6,498,877 0.22
Hexagon AB, Class B 124,840 5,746,673 0.19
Hikma Pharmaceuticals PLC 87,000 1,902,876 0.06
Hypera SA, ordinary nominative 1,111,800 8,663,190 0.29
Hyundai Mobis Co., Ltd. 9,000 1,537,930 0.05
Hyundai Motor Co. 15,000 1,589,980 0.05
IHH Healthcare Bhd. 1,608,000 2,097,307 0.07
IndusInd Bank Ltd. 906,300 20,761,235 0.69
Industria de Diseño Textil, SA 89,000 2,279,069 0.08
Infineon Technologies AG 493,600 9,820,866 0.33
Infraestructura Energética Nova, SAB de CV 599,863 2,236,542 0.07
Inphi Corp. 65,000 2,089,750 0.07
Intel Corp. 56,460 2,649,668 0.09
InterContinental Hotels Group PLC 41,000 2,214,197 0.07
International Flavors & Fragrances Inc. 20,000 2,685,400 0.09
Intouch Holdings PCL, foreign registered 1,192,000 1,744,836 0.06
JBS SA, ordinary nominative 9,930,600 29,696,357 0.99
Johnson Controls International PLC 37,000 1,097,050 0.04
Kao Corp. 24,000 1,781,086 0.06
Kering SA 6,700 3,159,658 0.10
Keyence Corp. 38,300 19,434,061 0.65
Kingdee International Software Group Co. Ltd. 22,463,000 19,851,090 0.66
Kirin Holdings Co., Ltd. 621,000 13,016,043 0.43
Klabin SA, units 451,400 1,849,508 0.06
Komatsu Ltd. 67,000 1,439,849 0.05
Koninklijke DSM NV 89,000 7,284,862 0.24
Koninklijke Philips NV 294,500 10,436,505 0.35
Kotak Mahindra Bank Ltd. 820,842 14,773,157 0.49
Kweichow Moutai Co., Ltd., Class A 225,899 19,388,157 0.64
LUKOIL Oil Co. PJSC (ADR) 303,000 21,658,440 0.72
LVMH Moët Hennessy-Louis Vuitton SE 10,400 3,076,660 0.10
Largan Precision Co., Ltd. 73,000 7,608,006 0.25
Longfor Group Holdings Ltd. 241,000 720,184 0.02
MGM Resorts International 60,000 1,455,600 0.05
MTU Aero Engines AG 20,500 3,718,262 0.12
MakeMyTrip Ltd., non-registered shares 672,500 16,361,925 0.54
Marriott International, Inc., Class A 144,800 15,719,488 0.52
Maruti Suzuki India Ltd. 132,500 14,168,571 0.47
Mastercard Inc., Class A 85,500 16,129,575 0.54
Meituan Dianping, Class B 1,322,800 7,415,991 0.25
Meituan Dianping, Class B 239,754 1,182,833 0.04
Melco Resorts & Entertainment Ltd. (ADR) 931,500 16,413,030 0.55
Mellanox Technologies, Ltd. 24,000 2,217,120 0.07
MercadoLibre, Inc. 8,000 2,342,800 0.08
Merck & Co., Inc. 62,000 4,737,420 0.16
Metropolitan Bank & Trust Co. 1,797,000 2,770,139 0.09
Microsoft Corp. 232,100 23,574,397 0.78
Midea Group Co., Ltd., Class A 150,067 810,289 0.03
Moscow Exchange MICEX-RTS PJSC 783,000 910,238 0.03
Motherson Sumi Systems Ltd. 801,061 1,914,446 0.06
Murata Manufacturing Co., Ltd. 123,800 16,783,266 0.56
NIKE, Inc., Class B 54,000 4,003,560 0.13
NMC Health PLC 85,000 2,964,210 0.10
NVIDIA Corp. 42,000 5,607,000 0.19
Naspers Ltd., Class N 30,500 6,131,311 0.20
Nestlé SA 258,196 20,957,888 0.70
Nidec Corp. 151,400 17,171,151 0.57
Noble Energy, Inc. 82,000 1,538,320 0.05
Notre Dame Intermedica Participacoes SA 525,000 3,939,109 0.13
Novartis AG 107,600 9,191,809 0.31
Novatek PJSC (GDR) 55,000 9,405,000 0.31
Occidental Petroleum Corp. 87,000 5,340,060 0.18
Odisha Cement Ltd. 181,606 2,860,981 0.10
Oil Search Ltd. 251,000 1,265,830 0.04
PICC Property and Casualty Co. Ltd., Class H 8,320,000 8,510,721 0.28
PagSeguro Digital Ltd., Class A 2,813,223 52,691,667 1.75
Pampa Energía SA (ADR) 310,000 9,861,100 0.33
PerkinElmer, Inc. 16,500 1,296,075 0.04
Pernod Ricard SA 22,330 3,666,273 0.12
Pfizer Inc. 55,000 2,400,750 0.08
Pigeon Corp. 230,600 9,849,922 0.33
Pinduoduo Inc. (ADR) 212,600 4,770,744 0.16
Ping An Healthcare and Technology Co. Ltd., Class H 3,008,000 10,602,235 0.35
Prudential PLC 197,000 3,520,369 0.12
Reliance Industries Ltd. 11,548,513 185,472,609 6.16
Renesas Electronics Corp. 259,000 1,184,515 0.04
Rio Tinto PLC 290,000 13,787,348 0.46
Royal Dutch Shell PLC, Class A 68,628 2,018,445 0.07
Royal Dutch Shell PLC, Class B 1,284,000 38,296,122 1.27
Rumo SA 2,038,000 8,939,173 0.30
Ryanair Holdings PLC (ADR) 30,000 2,140,200 0.07
SIG Combibloc Group AG 242,000 2,571,578 0.09
SMC Corp. 6,000 1,811,166 0.06
Safran SA 41,000 4,951,244 0.16
Samsonite International SA 1,221,000 3,469,414 0.12
Samsung Electronics Co., Ltd. 430,000 14,852,592 0.49
Samsung Electronics Co., Ltd., nonvoting preferred 149,500 4,238,322 0.14
Sberbank of Russia PJSC (ADR) 682,500 7,480,200 0.25
Sberbank of Russia PJSC (ADR) 869,000 9,524,240 0.32
Shanghai International Airport Co., Ltd., Class A 2,200,532 16,342,493 0.54
Shriram Transport Finance Co. Ltd. 1,150,000 20,424,586 0.68
SoftBank Group Corp. 61,000 4,059,541 0.13
Sony Corp. 767,000 37,102,230 1.23
Spotify Technology SA 11,000 1,248,500 0.04
StoneCo Ltd., Class A 1,275,126 23,513,323 0.78
Straumann Holding AG 10,200 6,411,875 0.21
Sunny Optical Technology (Group) Co., Ltd. 469,000 4,168,623 0.14
Suzuki Motor Corp. 47,000 2,386,104 0.08
TE Connectivity Ltd. 27,500 2,079,825 0.07
TOTAL SA 20,000 1,058,215 0.04
Taiwan Semiconductor Manufacturing Co., Ltd. 9,901,000 72,104,370 2.39
Taiwan Semiconductor Manufacturing Co., Ltd. (ADR) 400,000 14,764,000 0.49
Tata Steel Ltd. 1,400,000 10,448,614 0.35
Teck Resources Ltd., Class B 121,000 2,604,886 0.09
Temenos AG 204,800 24,564,181 0.82
Tencent Holdings Ltd. 591,600 23,722,930 0.79
Teva Pharmaceutical Industries Ltd. (ADR) 465,000 7,170,300 0.24
Thai Beverage PCL 6,250,000 2,797,241 0.09
Thermo Fisher Scientific Inc. 49,200 11,010,468 0.37
Tokyo Electron Ltd. 21,000 2,394,756 0.08
Toyota Motor Corp. 33,000 1,931,746 0.06
TravelSky Technology Ltd., Class H 3,818,448 9,777,138 0.32
Twenty-First Century Fox, Inc., Class A 51,200 2,463,744 0.08
Türkiye Garanti Bankasi AS 1,570,000 2,361,304 0.08
UPL Ltd. 789,790 8,577,788 0.28
Ultrapar Participacoes SA, ordinary nominative 595,500 8,174,057 0.27
UniCredit SpA 112,637 1,272,848 0.04
Vale SA, ordinary nominative 3,595,086 47,306,814 1.57
Vale SA, ordinary nominative (ADR) 395,000 5,210,050 0.17
Valeo SA, non-registered shares 35,000 1,022,983 0.03
VeriSign, Inc. 18,000 2,669,220 0.09
Vietnam Technological and Commercial JSCB (The) (dba Techcombank) 5,805,516 6,970,624 0.23
Vinhomes JSC 1,706,225 5,421,206 0.18
Visa Inc., Class A 132,000 17,416,080 0.58
Vivo Energy Plc 670,000 1,067,478 0.04
Volkswagen AG, nonvoting preferred 63,000 10,028,711 0.33
Wal-Mart de México, SAB de CV, Series V 455,000 1,156,963 0.04
Western Union Co. 124,000 2,115,440 0.07
WuXi AppTec Co., Ltd. Class H 218,000 1,893,110 0.06
Xiaomi Corp., Class B 898,000 1,481,663 0.05
YY Inc., Class A (ADR) 274,000 16,401,640 0.54
Yandex NV, Class A 60,000 1,641,000 0.05
Yunnan Baiyao Group Co., Ltd., Class A 2,730,912 29,418,450 0.98
Zhongsheng Group Holdings Ltd. 840,000 1,664,875 0.06
Zoetis Inc., Class A 40,000 3,421,600 0.11
a2 Milk Co. Ltd. 713,228 5,184,377 0.17
bioMérieux SA 134,200 8,841,180 0.29

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.