{"entity_type":"fund","name":"FlexShares Morningstar Global Upstream Natural Resources Index Fund","identifiers":{"lei":"549300NRG12H5S0TF735","cik":"1491978","fund_id":"S000033315","fundkey":"flexshares-morningstar-global-upstream-natural-resources-index-fund"},"dates":{"reporting_period_start":"2026-01-31","reporting_period_end":"2026-10-31","filing_date":"2026-03-25"},"summary":{"total_positions":153,"total_value_usd":6728813569.15,"asset_categories":["EC","DBT","DE","STIV"],"by_asset_category":{"EC":{"positions":129,"total_value_usd":6678076738.03},"DBT":{"positions":21,"total_value_usd":50011765},"DE":{"positions":2,"total_value_usd":505489.53},"STIV":{"positions":1,"total_value_usd":219576.59}}},"holdings":[{"issuer_name":"Exxon Mobil Corp.","title":"Exxon Mobil Corp.","isin":"US30231G1022","value_usd":354673054.4,"pct_val":5.278621189672,"balance":2508296,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Corteva, Inc.","title":"Corteva, Inc.","isin":"US22052L1044","value_usd":324778272,"pct_val":4.833695278669,"balance":4461240,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Chevron Corp.","title":"Chevron Corp.","isin":"US1667641005","value_usd":276101274.4,"pct_val":4.109232487393,"balance":1560776,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Nutrien Ltd.","title":"Nutrien Ltd.","isin":"CA67077M1086","value_usd":267131041.61,"pct_val":3.975727953304,"balance":3858512,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"BHP Group Ltd.","title":"BHP Group Ltd.","isin":"AU000000BHP4","value_usd":247188182.14,"pct_val":3.678917131971,"balance":6977432,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Shell plc","title":"Shell plc","isin":"GB00BP6MXD84","value_usd":238658370.5,"pct_val":3.551967413327,"balance":6224680,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Archer-Daniels-Midland Co.","title":"Archer-Daniels-Midland Co.","isin":"US0394831020","value_usd":200899349.28,"pct_val":2.989997545471,"balance":2984688,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Newmont Corp.","title":"Newmont Corp.","isin":"US6516391066","value_usd":167664848.4,"pct_val":2.495366396031,"balance":1492344,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Agnico Eagle Mines Ltd.","title":"Agnico Eagle Mines Ltd.","isin":"CA0084741085","value_usd":158350671.9,"pct_val":2.356742926254,"balance":828429,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"TotalEnergies SE","title":"TotalEnergies SE","isin":"FR0000120271","value_usd":156814225.32,"pct_val":2.333875895975,"balance":2155608,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"FR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Rio Tinto plc","title":"Rio Tinto plc","isin":"GB0007188757","value_usd":151370245.58,"pct_val":2.252852805963,"balance":1637104,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Barrick Mining Corp.","title":"Barrick Mining Corp.","isin":"CA06849F1080","value_usd":128231452.05,"pct_val":1.908476698684,"balance":2789920,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Tyson Foods, Inc.","title":"Tyson Foods, Inc., Class A","isin":"US9024941034","value_usd":115205535.2,"pct_val":1.714611165776,"balance":1763440,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Freeport-McMoRan, Inc.","title":"Freeport-McMoRan, Inc.","isin":"US35671D8570","value_usd":110967752,"pct_val":1.651539974099,"balance":1842400,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"BP plc","title":"BP plc","isin":"GB0007980591","value_usd":105332502.31,"pct_val":1.567670201491,"balance":16550016,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"ConocoPhillips","title":"ConocoPhillips","isin":"US20825C1045","value_usd":101229009.84,"pct_val":1.506597667124,"balance":971208,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Bunge Global SA","title":"Bunge Global SA","isin":"CH1300646267","value_usd":100710005.76,"pct_val":1.498873297031,"balance":884352,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Wheaton Precious Metals Corp.","title":"Wheaton Precious Metals Corp.","isin":"CA9628791027","value_usd":97976892.43,"pct_val":1.458196200876,"balance":739592,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Glencore plc","title":"Glencore plc","isin":"JE00B4T3BW64","value_usd":96902472.83,"pct_val":1.442205546957,"balance":14144368,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"CF Industries Holdings, Inc.","title":"CF Industries Holdings, Inc.","isin":"US1252691001","value_usd":93490298.16,"pct_val":1.391421938526,"balance":1002792,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Muyuan Foods Co. Ltd.","title":"Muyuan Foods Co. Ltd., Class A","isin":"CNE100001RQ3","value_usd":91397693.6,"pct_val":1.360277574343,"balance":13806019,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Vale SA","title":"Vale SA","isin":"BRVALEACNOR0","value_usd":89017104.98,"pct_val":1.324847125434,"balance":5527200,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Industries Qatar QSC","title":"Industries Qatar QSC","isin":"QA000A0KD6K3","value_usd":83518297.26,"pct_val":1.243008027175,"balance":23906456,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"QA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Canadian Natural Resources Ltd.","title":"Canadian Natural Resources Ltd.","isin":"CA1363851017","value_usd":81678006.72,"pct_val":1.215618868289,"balance":2184560,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Mowi ASA","title":"Mowi ASA","isin":"NO0003054108","value_usd":79464818.21,"pct_val":1.182679845657,"balance":3445288,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"NO","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cameco Corp.","title":"Cameco Corp.","isin":"CA13321L1085","value_usd":78886743.65,"pct_val":1.174076325926,"balance":634312,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"American Water Works Co., Inc.","title":"American Water Works Co., Inc.","isin":"US0304201033","value_usd":78170136.8,"pct_val":1.163411021483,"balance":605360,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Anglo American plc","title":"Anglo American plc","isin":"GB00BTK05J60","value_usd":75084197.83,"pct_val":1.117482799322,"balance":1605520,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"ZA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Gold Fields Ltd.","title":"Gold Fields Ltd.","isin":"ZAE000018123","value_usd":74466544.57,"pct_val":1.10829022733,"balance":1405488,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"ZA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Suncor Energy, Inc.","title":"Suncor Energy, Inc.","isin":"CA8672241079","value_usd":70222183.72,"pct_val":1.045121140078,"balance":1321264,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Franco-Nevada Corp.","title":"Franco-Nevada Corp.","isin":"CA3518581051","value_usd":70137628.95,"pct_val":1.043862706162,"balance":297976,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Kinross Gold Corp.","title":"Kinross Gold Corp.","isin":"CA4969024047","value_usd":64424844.87,"pct_val":0.958838984392,"balance":2034536,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"SABIC Agri-Nutrients Co.","title":"SABIC Agri-Nutrients Co.","isin":"SA0007879139","value_usd":61665022.53,"pct_val":0.917764376375,"balance":1850296,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"SA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Qinghai Salt Lake Industry Co. Ltd.","title":"Qinghai Salt Lake Industry Co. Ltd., Class A","isin":"CNE000000SW2","value_usd":60778512.05,"pct_val":0.904570385609,"balance":12883450,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Yara International ASA","title":"Yara International ASA","isin":"NO0010208051","value_usd":56629574.63,"pct_val":0.842821491217,"balance":1226512,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Mosaic Co. (The)","title":"Mosaic Co. (The)","isin":"US61945C1036","value_usd":54864040,"pct_val":0.816544929202,"balance":1995056,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Weyerhaeuser Co.","title":"Weyerhaeuser Co.","isin":"US9621661043","value_usd":51839661.44,"pct_val":0.771532914462,"balance":2010848,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Grupo Mexico SAB de CV","title":"Grupo Mexico SAB de CV, Series B","isin":"MXP370841019","value_usd":51828196.68,"pct_val":0.771362283724,"balance":4633155,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"MX","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cia de Saneamento Basico do Estado de Sao Paulo SABESP","title":"Cia de Saneamento Basico do Estado de Sao Paulo SABESP","isin":"BRSBSPACNOR5","value_usd":51094448.23,"pct_val":0.760441859779,"balance":1894261,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Zijin Mining Group Co. Ltd.","title":"Zijin Mining Group Co. Ltd., Class A","isin":"CNE100000B24","value_usd":50174855.58,"pct_val":0.746755505014,"balance":8685600,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"UPM-Kymmene OYJ","title":"UPM-Kymmene OYJ","isin":"FI0009005987","value_usd":49978648.72,"pct_val":0.743835346079,"balance":1797656,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"FI","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"EOG Resources, Inc.","title":"EOG Resources, Inc.","isin":"US26875P1012","value_usd":48990942.56,"pct_val":0.729135253696,"balance":436912,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Northern Star Resources Ltd.","title":"Northern Star Resources Ltd.","isin":"AU000000NST8","value_usd":47010996.54,"pct_val":0.699667593591,"balance":2318792,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"United Utilities Group plc","title":"United Utilities Group plc","isin":"GB00B39J2M42","value_usd":45534097.51,"pct_val":0.677686813213,"balance":2660952,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Saudi Arabian Oil Co.","title":"Saudi Arabian Oil Co.","isin":"SA14TG012N13","value_usd":43360949.16,"pct_val":0.64534371078,"balance":6303640,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"SA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Eni SpA","title":"Eni SpA","isin":"IT0003132476","value_usd":42232938.38,"pct_val":0.628555455987,"balance":2060856,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"IT","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Saudi Arabian Mining Co.","title":"Saudi Arabian Mining Co.","isin":"SA123GA0ITH7","value_usd":41876497.51,"pct_val":0.623250524287,"balance":2031904,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"SA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Severn Trent plc","title":"Severn Trent plc","isin":"GB00B1FH8J72","value_usd":40926175.44,"pct_val":0.609106821648,"balance":1018584,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Teck Resources Ltd.","title":"Teck Resources Ltd., Class B","isin":"CA8787422044","value_usd":37499163.19,"pct_val":0.558102384587,"balance":694848,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Pan American Silver Corp.","title":"Pan American Silver Corp.","isin":"CA6979001089","value_usd":37347733.06,"pct_val":0.555848640518,"balance":681688,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Petroleo Brasileiro SA - Petrobras","title":"Petroleo Brasileiro SA - Petrobras (Preference)","isin":"BRPETRACNPR6","value_usd":36066928.59,"pct_val":0.536786347707,"balance":5000800,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Woodside Energy Group Ltd.","title":"Woodside Energy Group Ltd.","isin":"AU0000224040","value_usd":35458037.51,"pct_val":0.527724183787,"balance":1995056,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Fortescue Ltd.","title":"Fortescue Ltd.","isin":"AU000000FMG4","value_usd":34964882.03,"pct_val":0.520384520019,"balance":2376696,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"UPL Ltd.","title":"UPL Ltd.","isin":"INE628A01036","value_usd":34039689.26,"pct_val":0.506614818319,"balance":4448080,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"IN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"ICL Group Ltd.","title":"ICL Group Ltd.","isin":"IL0002810146","value_usd":33855914.06,"pct_val":0.503879680555,"balance":6198360,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"IL","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Salmar ASA","title":"Salmar ASA","isin":"NO0010310956","value_usd":33622192.2,"pct_val":0.500401183536,"balance":563248,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"NO","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Evolution Mining Ltd.","title":"Evolution Mining Ltd.","isin":"AU000000EVN4","value_usd":32276367.85,"pct_val":0.480371195795,"balance":3132080,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Essential Utilities, Inc.","title":"Essential Utilities, Inc.","isin":"US29670G1022","value_usd":31547441.52,"pct_val":0.469522539763,"balance":813288,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"EQT Corp.","title":"EQT Corp.","isin":"US26884L1098","value_usd":30541017.36,"pct_val":0.454543866218,"balance":529032,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Boliden AB","title":"Boliden AB","isin":"SE0020050417","value_usd":30367581.76,"pct_val":0.451962613366,"balance":429016,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"SE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cenovus Energy, Inc.","title":"Cenovus Energy, Inc.","isin":"CA15135U1093","value_usd":30186628.9,"pct_val":0.449269480665,"balance":1521296,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"First Quantum Minerals Ltd.","title":"First Quantum Minerals Ltd.","isin":"CA3359341052","value_usd":29176394.93,"pct_val":0.434234105481,"balance":1026480,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"ZM","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Royal Gold, Inc.","title":"Royal Gold, Inc.","isin":"US7802871084","value_usd":29107340.64,"pct_val":0.433206366176,"balance":110544,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"PI Industries Ltd.","title":"PI Industries Ltd.","isin":"INE603J01030","value_usd":28434309.67,"pct_val":0.423189604272,"balance":818552,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"IN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Lundin Mining Corp.","title":"Lundin Mining Corp.","isin":"CA5503721063","value_usd":27707283.54,"pct_val":0.412369229035,"balance":1092280,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CL","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"PetroChina Co. Ltd.","title":"PetroChina Co. Ltd., Class H","isin":"CNE1000003W8","value_usd":26880950.61,"pct_val":0.400070864499,"balance":22622000,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Alamos Gold, Inc.","title":"Alamos Gold, Inc., Class A","isin":"CA0115321089","value_usd":26007385.46,"pct_val":0.387069539887,"balance":697937,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Valterra Platinum Ltd.","title":"Valterra Platinum Ltd.","isin":"ZAE000013181","value_usd":25444444.58,"pct_val":0.378691255659,"balance":268464,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"ZA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Antofagasta plc","title":"Antofagasta plc","isin":"GB0000456144","value_usd":25033844.76,"pct_val":0.372580272929,"balance":500080,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CL","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Diamondback Energy, Inc.","title":"Diamondback Energy, Inc.","isin":"US25278X1090","value_usd":25027951.2,"pct_val":0.372492558708,"balance":152656,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Occidental Petroleum Corp.","title":"Occidental Petroleum Corp.","isin":"US6745991058","value_usd":24849027.84,"pct_val":0.369829631182,"balance":547456,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Yunnan Yuntianhua Co. Ltd.","title":"Yunnan Yuntianhua Co. Ltd., Class A","isin":"CNE000000S01","value_usd":24518414.2,"pct_val":0.364909087757,"balance":4461016,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Repsol SA","title":"Repsol SA","isin":"ES0173516115","value_usd":23792877.27,"pct_val":0.354110876376,"balance":1208088,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"ES","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Stora Enso OYJ","title":"Stora Enso OYJ, Class R","isin":"FI0009005961","value_usd":23752663.79,"pct_val":0.353512376645,"balance":2050328,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"FI","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Hindalco Industries Ltd.","title":"Hindalco Industries Ltd.","isin":"INE038A01020","value_usd":23521271.62,"pct_val":0.350068552547,"balance":2247728,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"IN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cal-Maine Foods, Inc.","title":"Cal-Maine Foods, Inc.","isin":"US1280302027","value_usd":21985096,"pct_val":0.327205554983,"balance":263200,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"K+S AG","title":"K+S AG (Registered)","isin":"DE000KSAG888","value_usd":21895942.99,"pct_val":0.325878685175,"balance":1331792,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"DE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Simpson Manufacturing Co., Inc.","title":"Simpson Manufacturing Co., Inc.","isin":"US8290731053","value_usd":21868393.12,"pct_val":0.325468658741,"balance":123704,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Expand Energy Corp.","title":"Expand Energy Corp.","isin":"US1651677353","value_usd":21598007.76,"pct_val":0.321444496564,"balance":192136,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Svenska Cellulosa AB SCA","title":"Svenska Cellulosa AB SCA, Class B","isin":"SE0000112724","value_usd":21525164.83,"pct_val":0.320360370694,"balance":1708168,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"SE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Suzano SA","title":"Suzano SA","isin":"BRSUZBACNOR0","value_usd":21358070.12,"pct_val":0.317873489703,"balance":2266800,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Inpex Corp.","title":"Inpex Corp.","isin":"JP3294460005","value_usd":21290533.51,"pct_val":0.316868338124,"balance":953900,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Devon Energy Corp.","title":"Devon Energy Corp.","isin":"US25179M1036","value_usd":20002384.08,"pct_val":0.297696729815,"balance":497448,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"QL Resources Bhd.","title":"QL Resources Bhd.","isin":"MYL7084OO006","value_usd":19593777.78,"pct_val":0.291615416768,"balance":19213600,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"MY","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"ORLEN SA","title":"ORLEN SA","isin":"PLPKN0000018","value_usd":19525393.4,"pct_val":0.290597647775,"balance":639576,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"PL","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Imperial Oil Ltd.","title":"Imperial Oil Ltd.","isin":"CA4530384086","value_usd":19519366.04,"pct_val":0.2905079422,"balance":192136,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Equinor ASA","title":"Equinor ASA","isin":"NO0010096985","value_usd":19026307.81,"pct_val":0.283169725811,"balance":710640,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"NO","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"UFP Industries, Inc.","title":"UFP Industries, Inc.","isin":"US90278Q1085","value_usd":18756474.24,"pct_val":0.279153775959,"balance":181608,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Oji Holdings Corp.","title":"Oji Holdings Corp.","isin":"JP3174410005","value_usd":18738283.94,"pct_val":0.278883048589,"balance":3158400,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Tourmaline Oil Corp.","title":"Tourmaline Oil Corp.","isin":"CA89156V1067","value_usd":18411618.92,"pct_val":0.274021272723,"balance":386904,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Bakkafrost P/F","title":"Bakkafrost P/F","isin":"FO0000000179","value_usd":18328429.75,"pct_val":0.272783163117,"balance":379008,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"FO","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Mondi plc","title":"Mondi plc","isin":"GB00BMWC6P49","value_usd":18321601.79,"pct_val":0.272681542162,"balance":1563408,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"AT","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Coterra Energy, Inc.","title":"Coterra Energy, Inc.","isin":"US1270971039","value_usd":18223968,"pct_val":0.271228452376,"balance":631680,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"PPB Group Bhd.","title":"PPB Group Bhd.","isin":"MYL4065OO008","value_usd":17353039.07,"pct_val":0.258266362791,"balance":6053600,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"MY","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"United Plantations Bhd.","title":"United Plantations Bhd.","isin":"MYL2089OO000","value_usd":17135232.88,"pct_val":0.255024739681,"balance":2233700,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"MY","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Asia - Potash International Investment Guangzhou Co. Ltd.","title":"Asia - Potash International Investment Guangzhou Co. Ltd., Class A","isin":"CNE000000XS0","value_usd":16975708.71,"pct_val":0.252650531509,"balance":2105600,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"China Petroleum & Chemical Corp.","title":"China Petroleum & Chemical Corp., Class H","isin":"CNE1000002Q2","value_usd":16414796.98,"pct_val":0.244302447247,"balance":23828000,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Charoen Pokphand Foods PCL","title":"Charoen Pokphand Foods PCL","isin":"TH0101010R14","value_usd":15930020.02,"pct_val":0.237087481516,"balance":24214400,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"TH","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Santos Ltd.","title":"Santos Ltd.","isin":"AU000000STO6","value_usd":15820654.93,"pct_val":0.23545979406,"balance":3221568,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"AU","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Texas Pacific Land Corp.","title":"Texas Pacific Land Corp.","isin":"US88262P1021","value_usd":15641364,"pct_val":0.232791395967,"balance":44900,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Charoen Pokphand Indonesia Tbk. PT","title":"Charoen Pokphand Indonesia Tbk. PT","isin":"ID1000117708","value_usd":14865586.18,"pct_val":0.221245446286,"balance":56324800,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"ID","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"New Hope Liuhe Co. Ltd.","title":"New Hope Liuhe Co. Ltd., Class A","isin":"CNE000000VB0","value_usd":14706777.05,"pct_val":0.2188818801,"balance":11304208,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Pennon Group plc","title":"Pennon Group plc","isin":"GB00BNNTLN49","value_usd":13658889.29,"pct_val":0.203286101211,"balance":1821344,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"West Fraser Timber Co. Ltd.","title":"West Fraser Timber Co. Ltd.","isin":"CA9528451052","value_usd":12832571.93,"pct_val":0.190987968404,"balance":186872,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Klabin SA","title":"Klabin SA","isin":"BRKLBNCDAM18","value_usd":12521675.09,"pct_val":0.186360871344,"balance":3421600,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Stella-Jones, Inc.","title":"Stella-Jones, Inc.","isin":"CA85853F1053","value_usd":11712074.44,"pct_val":0.174311534375,"balance":173712,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Golden Agri-Resources Ltd.","title":"Golden Agri-Resources Ltd.","isin":"MU0117U00026","value_usd":11428148.15,"pct_val":0.170085841692,"balance":50008000,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"ID","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Jiangxi Zhengbang Technology Co. Ltd.","title":"Jiangxi Zhengbang Technology Co. Ltd., Class A","isin":"CNE1000006H2","value_usd":10624969.42,"pct_val":0.158132082559,"balance":22372000,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Holmen AB","title":"Holmen AB, Class B","isin":"SE0011090018","value_usd":10520210.07,"pct_val":0.156572942619,"balance":278992,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"SE","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Guangdong Investment Ltd.","title":"Guangdong Investment Ltd.","isin":"HK0270001396","value_usd":9948735.55,"pct_val":0.148067651695,"balance":10528000,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Rayonier, Inc.","title":"Rayonier, Inc.","isin":"US7549071030","value_usd":9456565.44,"pct_val":0.140742653251,"balance":415856,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"US","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cia De Sanena Do Parana","title":"Cia De Sanena Do Parana","isin":"BRSAPRCDAM13","value_usd":8415782.87,"pct_val":0.125252621348,"balance":943900,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Cia de Saneamento de Minas Gerais Copasa MG","title":"Cia de Saneamento de Minas Gerais Copasa MG","isin":"BRCSMGACNOR5","value_usd":6867155.31,"pct_val":0.102204300784,"balance":702900,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"BR","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Beijing Enterprises Water Group Ltd.","title":"Beijing Enterprises Water Group Ltd.","isin":"BMG0957L1090","value_usd":5439450.94,"pct_val":0.080955687599,"balance":15792000,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"SUMITOMO MITSUI TRUST BANK LTD, LDN","title":"SUMITOMO MITSUI TRUST BANK LTD/LONDON CERTIFICATE OF DEPOSIT FIXED 4% 11/MAR/2026 USD","isin":"XS3253469574","value_usd":5001700,"pct_val":0.074440613057,"balance":5000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Aguas Andinas SA","title":"Aguas Andinas SA, Class A","isin":"CL0000000035","value_usd":4703670.77,"pct_val":0.070005025438,"balance":10546424,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CL","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"MIZUHO BANK LIMITED NEW YORK","title":"MIZUHO BANK LTD/NEW YORK NY CERTIFICATE OF DEPOSIT VARIABLE 11/MAY/2026 USD 1000","isin":null,"value_usd":4000888,"pct_val":0.05954546564,"balance":4000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Chengdu Xingrong Environment Co. Ltd.","title":"Chengdu Xingrong Environment Co. Ltd., Class A","isin":"CNE000000HN4","value_usd":3604535.08,"pct_val":0.053646520411,"balance":3421600,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Grandblue Environment Co. Ltd.","title":"Grandblue Environment Co. Ltd., Class A","isin":"CNE000001675","value_usd":3299964.69,"pct_val":0.0491135803,"balance":776229,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"TORONTO DOMINION NY","title":"TORONTO-DOMINION BANK/NY CERTIFICATE OF DEPOSIT VARIABLE 08/MAY/2026 USD 1000","isin":null,"value_usd":3001809,"pct_val":0.04467611057,"balance":3000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"ROYAL BANK OF CANADA NY","title":"ROYAL BANK OF CANADA/NEW YORK NY CERTIFICATE OF DEPOSIT VARIABLE 12/NOV/2026 USD 1000","isin":null,"value_usd":3001602,"pct_val":0.044673029776,"balance":3000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"CREDIT AGRICOLE CIB, NY","title":"CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK/NEW YORK CERTIFICATE OF DEPOSIT VARIABLE 05/JUN/2026 USD 1000","isin":null,"value_usd":3000654,"pct_val":0.044658920633,"balance":3000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"FR","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"SUMITOMO MITSUI BANKING CORP NY","title":"SUMITOMO MITSUI BANKING CORP/NEW YORK CERTIFICATE OF DEPOSIT VARIABLE 09/APR/2026 USD 1000","isin":null,"value_usd":3000579,"pct_val":0.044657804403,"balance":3000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"BANK OF NOVA SCOTIA HOUSTON","title":"BANK OF NOVA SCOTIA/HOUSTON CERTIFICATE OF DEPOSIT VARIABLE 01/JUL/2026 USD 1000","isin":null,"value_usd":2999967.9,"pct_val":0.044648709364,"balance":3000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"Zhongshan Public Utilities Group Co. Ltd.","title":"Zhongshan Public Utilities Group Co. Ltd., Class A","isin":"CNE0000006B7","value_usd":2806810.1,"pct_val":0.041773929779,"balance":1579200,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Zhongfu Straits Pingtan Development Co. Ltd.","title":"Zhongfu Straits Pingtan Development Co. Ltd., Class A","isin":"CNE0000009F2","value_usd":2744310.28,"pct_val":0.04084374106,"balance":1842400,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"CN","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"Manila Water Co., Inc.","title":"Manila Water Co., Inc.","isin":"PHY569991086","value_usd":2722273.08,"pct_val":0.040515760038,"balance":3948000,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"PH","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"BANK OF MONTREAL CHICAGO","title":"BANK OF MONTREAL/CHICAGO IL CERTIFICATE OF DEPOSIT VARIABLE 18/NOV/2026 USD 1000","isin":null,"value_usd":2001082,"pct_val":0.029782228213,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"BANK OF MONTREAL CHICAGO","title":"BANK OF MONTREAL/CHICAGO IL CERTIFICATE OF DEPOSIT VARIABLE 29/MAY/2026 USD 1000","isin":null,"value_usd":2000872,"pct_val":0.02977910277,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"MIZUHO BANK LIMITED NEW YORK","title":"MIZUHO BANK LTD/NEW YORK NY CERTIFICATE OF DEPOSIT VARIABLE 27/MAY/2026 USD 1000","isin":null,"value_usd":2000588,"pct_val":0.029774875981,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"SUMITOMO MITSUI TRUST BANK LTD, LDN","title":"SUMITOMO MITSUI TRUST BANK LTD/LONDON CERTIFICATE OF DEPOSIT FIXED 4% 04/MAR/2026 USD","isin":"XS3248339437","value_usd":2000580,"pct_val":0.029774756916,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"SUMITOMO MITSUI BANKING CORP NY","title":"SUMITOMO MITSUI BANKING CORP/NEW YORK CERTIFICATE OF DEPOSIT VARIABLE 09/APR/2026 USD 1000","isin":null,"value_usd":2000386,"pct_val":0.029771869602,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"TORONTO DOMINION NY","title":"TORONTO-DOMINION BANK/NY CERTIFICATE OF DEPOSIT VARIABLE 06/APR/2026 USD 1000","isin":null,"value_usd":2000254,"pct_val":0.029769905038,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"MUFG Bank Ltd, New York Branch","title":"MUFG BANK LTD/NEW YORK NY CERTIFICATE OF DEPOSIT VARIABLE 12/MAR/2026 USD 1000","isin":null,"value_usd":2000226,"pct_val":0.029769488312,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"SUMITOMO MITSUI BANKING CORP NY","title":"SUMITOMO MITSUI BANKING CORP/NEW YORK CERTIFICATE OF DEPOSIT VARIABLE 10/MAR/2026 USD 1000","isin":null,"value_usd":2000224,"pct_val":0.029769458546,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"SUMITOMO MITSUI TRUST BANK LTD,NY","title":"SUMITOMO MITSUI TRUST NY CERTIFICATE OF DEPOSIT FIXED 4.4% 03/FEB/2026 USD","isin":null,"value_usd":2000152,"pct_val":0.029768386965,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"BARCLAYS NEW YORK","title":"BARCLAYS BANK PLC/NY CERTIFICATE OF DEPOSIT VARIABLE 29/APR/2026 USD 1000","isin":null,"value_usd":2000144,"pct_val":0.029768267901,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"SUMITOMO MITSUI BANKING CORP NY","title":"SUMITOMO MITSUI BANKING CORP/NEW YORK CERTIFICATE OF DEPOSIT VARIABLE 10/FEB/2026 USD 1000","isin":null,"value_usd":2000074,"pct_val":0.029767226087,"balance":2000593.33,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"JP","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"BARCLAYS NEW YORK","title":"BARCLAYS BANK PLC/NY CERTIFICATE OF DEPOSIT VARIABLE 10/APR/2026 USD 1000","isin":null,"value_usd":1999994,"pct_val":0.029766035442,"balance":2000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"BANK OF NOVA SCOTIA HOUSTON","title":"BANK OF NOVA SCOTIA/HOUSTON CERTIFICATE OF DEPOSIT VARIABLE 21/JAN/2027 USD 1000","isin":null,"value_usd":999996.1,"pct_val":0.014883004326,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"US","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"ROYAL BANK OF CANADA NY","title":"ROYAL BANK OF CANADA/NEW YORK NY CERTIFICATE OF DEPOSIT VARIABLE 22/JAN/2027 USD 1000","isin":null,"value_usd":999993,"pct_val":0.014882958188,"balance":1000000,"units":"PA","currency":"USD","asset_cat":"DBT","issuer_cat":"CORP","inv_country":"CA","fair_val_level":"2","payoff_profile":"Long"},{"issuer_name":"N/A","title":"FTSE 100 Index","isin":"GB00MP9C6L33","value_usd":287171.54,"pct_val":0.00427399194,"balance":56,"units":"NC","currency":null,"asset_cat":"DE","issuer_cat":null,"inv_country":"GB","fair_val_level":"1","payoff_profile":"N/A"},{"issuer_name":"New Mexican Pesos","title":"New Mexican Pesos","isin":null,"value_usd":219576.59,"pct_val":0.003267972084,"balance":3808995.16,"units":"OU","currency":null,"asset_cat":"STIV","issuer_cat":null,"inv_country":"MX","fair_val_level":"1","payoff_profile":"Long"},{"issuer_name":"N/A","title":"FTSE/JSE Top 40 Index","isin":"ZAD000644334","value_usd":218317.99,"pct_val":0.003249240261,"balance":70,"units":"NC","currency":null,"asset_cat":"DE","issuer_cat":null,"inv_country":"ZA","fair_val_level":"1","payoff_profile":"N/A"},{"issuer_name":"Gazprom PJSC","title":"Gazprom PJSC","isin":"RU0007661625","value_usd":0,"pct_val":0,"balance":15937700,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"RU","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"GMK Norilskiy Nickel PAO","title":"GMK Norilskiy Nickel PAO","isin":"RU0007288411","value_usd":0,"pct_val":0,"balance":4615800,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"RU","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"Rosneft Oil Co. PJSC","title":"Rosneft Oil Co. PJSC","isin":"RU000A0J2Q06","value_usd":0,"pct_val":0,"balance":2926433,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"RU","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"Tatneft PJSC","title":"Tatneft PJSC","isin":"RU0009033591","value_usd":0,"pct_val":0,"balance":2021036,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"RU","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"GMK Norilskiy Nickel PAO","title":"GMK Norilskiy Nickel PAO","isin":"US55315J1025","value_usd":0,"pct_val":0,"balance":1231473,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"LUKOIL PJSC","title":"LUKOIL PJSC","isin":"US69343P1057","value_usd":0,"pct_val":0,"balance":269035,"units":"NS","currency":"USD","asset_cat":"EC","issuer_cat":"CORP","inv_country":"GB","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"LUKOIL PJSC","title":"LUKOIL PJSC","isin":"RU0009024277","value_usd":0,"pct_val":0,"balance":214305,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"RU","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"PhosAgro PJSC","title":"PhosAgro PJSC","isin":"RU000A0JRKT8","value_usd":0,"pct_val":0,"balance":308581,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"RU","fair_val_level":"3","payoff_profile":"Long"},{"issuer_name":"Novatek PJSC","title":"Novatek PJSC","isin":"RU000A0DKVS5","value_usd":0,"pct_val":0,"balance":1237715,"units":"NS","currency":null,"asset_cat":"EC","issuer_cat":"CORP","inv_country":"RU","fair_val_level":"3","payoff_profile":"Long"}],"source_documents":[{"label":"SEC NPORT-P Filings","url":"https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=1491978&type=NPORT&dateb=&owner=exclude&count=40"}],"dataset":{"json":"https://dealcharts.org/llm/facts/fund/flexshares-morningstar-global-upstream-natural-resources-index-fund.json","page":"https://dealcharts.org/capitalmarkets/funds/flexshares-morningstar-global-upstream-natural-resources-index-fund/"},"provenance":{"curator":"CMD+RVL","curator_url":"https://cmdrvl.com","platform":"Dealcharts","platform_url":"https://dealcharts.org/","source":"SEC NPORT-P Public Filings","license":"CC-BY 4.0","license_url":"https://creativecommons.org/licenses/by/4.0/","attribution":"Data curated by CMD+RVL from SEC NPORT-P public filings"},"citation":"Fund: FlexShares Morningstar Global Upstream Natural Resources Index Fund | LEI: 549300NRG12H5S0TF735 | 153 positions totaling $6,728,813,569 across EC, DBT, DE, STIV | Filing: Tue Mar 24 2026 20:00:00 GMT-0400 (Eastern Daylight Time) | Source: SEC NPORT-P via Dealcharts.org","updated_at":"2026-03-25"}
