Virtus Emerging Markets Opportunities Fund

#	Name	Ticker	Since	Shares	Value	% Port	Cat
1	Taiwan Semiconductor Manufacturing Co., Ltd.	2330	Mar 2026	477,000	$27.6M	14.89%	EC
2	SK Hynix Inc.	000660	Mar 2026	16,129	$9.2M	4.94%	EC
3	TENCENT HOLDINGS LTD	700	Mar 2026	131,000	$8.3M	4.46%	EC
4	Samsung Electronics Co Ltd.	005930	Mar 2026	70,504	$8.2M	4.45%	EC
5	CREDICORP LTD	BAP	Mar 2026	16,973	$5.8M	3.11%	EC
6	Advanced Info Service Public Co Ltd.	ADVANC-R	Mar 2026	459,100	$5.2M	2.83%	EC
7	WH GROUP LTD	288	Mar 2026	3,526,000	$4.6M	2.50%	EC
8	Muthoot Finance Ltd.	MUTH	Mar 2026	129,321	$4.3M	2.34%	EC
9	OTP Bank PLC	OTP	Mar 2026	40,128	$4.3M	2.32%	EC
10	ALIBABA GROUP HOLDING LTD	9988	Mar 2026	255,100	$4.0M	2.16%	EC
11	Vedanta Ltd.	VEDL	Mar 2026	540,042	$3.8M	2.05%	EC
12	CHINA HONGQIAO GROUP LTD	1378	Mar 2026	781,000	$3.5M	1.90%	EC
13	Turkiye Petrol Rafinerileri A.S.	TUPRS	Mar 2026	542,191	$3.1M	1.70%	EC
14	PetroChina Co Ltd.	857	Mar 2026	2,210,620	$3.0M	1.64%	EC
15	Polycab India Limited	POLYCAB	Mar 2026	40,889	$3.0M	1.62%	EC
16	Piraeus Bank SA	TPEIR	Mar 2026	339,000	$2.8M	1.50%	EC
17	National Aluminum	NACL	Mar 2026	668,302	$2.8M	1.49%	EC
18	NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC	9901	Mar 2026	486,000	$2.8M	1.49%	EC
19	TE Connectivity PLC	TEL	Mar 2026	12,537	$2.6M	1.41%	EC
20	Grupo Cibest SA	CIB	Mar 2026	35,875	$2.6M	1.41%	EC
21	Emirates NBD Bank PJSC	EMIRATES	Mar 2026	334,623	$2.5M	1.36%	EC
22	CMOC Group Limited	603993	Mar 2026	984,400	$2.5M	1.36%	EC
23	Vale S.A.	VALE3	Mar 2026	157,200	$2.5M	1.35%	EC
24	KB Financial Group Inc.	105560	Mar 2026	25,000	$2.5M	1.32%	EC
25	LENOVO GROUP LTD	992	Mar 2026	2,000,000	$2.4M	1.30%	EC
26	CTBC Financial Holding Co Ltd.	2891	Mar 2026	1,332,000	$2.2M	1.17%	EC
27	Emaar Development PJSC	EMAARDEV	Mar 2026	568,666	$2.2M	1.16%	EC
28	Orlen SA	PKN	Mar 2026	57,862	$2.1M	1.13%	EC
29	Zijin Mining Group Co Ltd.	2899	Mar 2026	464,000	$2.1M	1.13%	EC
30	E. Sun Financial Holding Co Ltd.	2884	Mar 2026	2,000,000	$2.0M	1.08%	EC
31	Kimberly-Clark de Mexico S.A.B. de C.V.	KIMBERA	Mar 2026	825,000	$2.0M	1.05%	EC
32	Samsung Electronics Co Ltd.	005935	Mar 2026	24,200	$2.0M	1.05%	EP
33	Accton Technology Corp.	2345	Mar 2026	39,000	$1.9M	1.04%	EC
34	AVI Ltd	AVI	Mar 2026	311,103	$1.9M	1.03%	EC
35	PICC Property and Casualty Co Ltd.	2328	Mar 2026	976,000	$1.8M	0.97%	EC
36	COMPANHIA SANEAMENTO DE MINAS GERAIS SA (COPASA)	CSMG3	Mar 2026	158,000	$1.8M	0.95%	EC
37	Ashok Leyland Ltd.	AL	Mar 2026	1,060,797	$1.7M	0.94%	EC
38	Shennan Circuits Co Ltd.	002916	Mar 2026	52,000	$1.7M	0.92%	EC
39	Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP	SBSP3	Mar 2026	52,330	$1.6M	0.87%	EC
40	Himile Mechanical Science & Technology Shandong Co Ltd.	002595	Mar 2026	125,400	$1.5M	0.78%	EC
41	Bank of China Ltd.	3988	Mar 2026	2,219,000	$1.4M	0.76%	EC
42	PGE Polska Grupa Energetyczna S.A.	PGE	Mar 2026	495,761	$1.4M	0.76%	EC
43	China Shenhua Energy Co Ltd.	1088	Mar 2026	227,500	$1.3M	0.73%	EC
44	Powszechna Kasa Oszczednosci Bank Polski SA	PKO	Mar 2026	56,608	$1.3M	0.72%	EC
45	CHOW TAI FOOK JEWELLERY GROUP LTD	1929	Mar 2026	935,600	$1.3M	0.71%	EC
46	Sany Heavy Equipment International Holdings Co Ltd	631	Mar 2026	926,000	$1.3M	0.71%	EC
47	Lam Research Corporation	LRCX	Mar 2026	6,144	$1.3M	0.71%	EC
48	Abu Dhabi Islamic Bank PJSC	ADIB	Mar 2026	226,625	$1.3M	0.70%	EC
49	Cury Construtora E Incorporadora SA	CURY3	Mar 2026	183,300	$1.3M	0.68%	EC
50	Bharat Petroleum Corp Ltd.	BPCL	Mar 2026	409,941	$1.2M	0.66%	EC
51	United Microelectronics Corp.	2303	Mar 2026	650,000	$1.2M	0.63%	EC
52	Sanlam Ltd	SLM	Mar 2026	206,374	$1.1M	0.59%	EC
53	Hellenic Telecommunications Organization S.A.	HTO	Mar 2026	56,416	$1.1M	0.58%	EC
54	Welspun Corp Ltd	WLCO	Mar 2026	121,317	$1.1M	0.57%	EC
55	HD HYUNDAI CO LTD	267250	Mar 2026	6,269	$1.1M	0.57%	EC
56	WuXi AppTec Co Ltd.	2359	Mar 2026	67,500	$1.0M	0.56%	EC
57	Antam Persero Tbk	ANTM	Mar 2026	4,703,500	$984K	0.53%	EC
58	Dubai Islamic Bank PJSC	DIB	Mar 2026	473,564	$961K	0.52%	EC
59	Hero Motocorp Ltd.	HMCL	Mar 2026	17,000	$919K	0.50%	EC
60	China Construction Bank Corp.	939	Mar 2026	811,000	$875K	0.47%	EC
61	SITC INTERNATIONAL HOLDINGS COMPANY LTD	1308	Mar 2026	188,000	$823K	0.44%	EC
62	Marketech International Corp	6196	Mar 2026	92,000	$815K	0.44%	EC
63	LG Display Co Ltd.	034220	Mar 2026	110,902	$814K	0.44%	EC
64	Eurobank S.A.	1792322D	Mar 2026	200,000	$801K	0.43%	EC
65	Bank Polska Kasa Opieki SA	PEO	Mar 2026	13,502	$800K	0.43%	EC
66	Chambal Fertilisers and Chemicals Ltd.	CHMB	Mar 2026	175,272	$794K	0.43%	EC
67	China International Capital Corp Ltd.	3908	Mar 2026	301,600	$670K	0.36%	EC
68	LG UPLUS CORP	032640	Mar 2026	57,862	$602K	0.32%	EC
69	SUNONWEALTH ELECTRIC MACINE INDUSTRY CO	2421	Mar 2026	107,000	$425K	0.23%	EC
70	Gazprom Public Joint Stock Company	GAZP	Mar 2026	1,323,341	$1K	0.00%	EC
71	Lukoil PJSC	LKOD	Mar 2026	55,455	$55	0.00%	EC

1

Taiwan Semiconductor Manufacturing Co., Ltd.

2330

Mar 2026

477,000

$27.6M

14.89%

EC

2

SK Hynix Inc.

000660

Mar 2026

16,129

$9.2M

4.94%

EC

3

TENCENT HOLDINGS LTD

700

Mar 2026

131,000

$8.3M

4.46%

EC

4

Samsung Electronics Co Ltd.

005930

Mar 2026

70,504

$8.2M

4.45%

EC

5

CREDICORP LTD

BAP

Mar 2026

16,973

$5.8M

3.11%

EC

6

Advanced Info Service Public Co Ltd.

ADVANC-R

Mar 2026

459,100

$5.2M

2.83%

EC

7

WH GROUP LTD

288

Mar 2026

3,526,000

$4.6M

2.50%

EC

8

Muthoot Finance Ltd.

MUTH

Mar 2026

129,321

$4.3M

2.34%

EC

9

OTP Bank PLC

OTP

Mar 2026

40,128

$4.3M

2.32%

EC

10

ALIBABA GROUP HOLDING LTD

9988

Mar 2026

255,100

$4.0M

2.16%

EC

11

Vedanta Ltd.

VEDL

Mar 2026

540,042

$3.8M

2.05%

EC

12

CHINA HONGQIAO GROUP LTD

1378

Mar 2026

781,000

$3.5M

1.90%

EC

13

Turkiye Petrol Rafinerileri A.S.

TUPRS

Mar 2026

542,191

$3.1M

1.70%

EC

14

PetroChina Co Ltd.

857

Mar 2026

2,210,620

$3.0M

1.64%

EC

15

Polycab India Limited

POLYCAB

Mar 2026

40,889

$3.0M

1.62%

EC

16

Piraeus Bank SA

TPEIR

Mar 2026

339,000

$2.8M

1.50%

EC

17

National Aluminum

NACL

Mar 2026

668,302

$2.8M

1.49%

EC

18

NEW ORIENTAL EDUCATION & TECHNOLOGY GROUP INC

9901

Mar 2026

486,000

$2.8M

1.49%

EC

19

TE Connectivity PLC

TEL

Mar 2026

12,537

$2.6M

1.41%

EC

20

Grupo Cibest SA

CIB

Mar 2026

35,875

$2.6M

1.41%

EC

21

Emirates NBD Bank PJSC

EMIRATES

Mar 2026

334,623

$2.5M

1.36%

EC

22

CMOC Group Limited

603993

Mar 2026

984,400

$2.5M

1.36%

EC

23

Vale S.A.

VALE3

Mar 2026

157,200

$2.5M

1.35%

EC

24

KB Financial Group Inc.

105560

Mar 2026

25,000

$2.5M

1.32%

EC

25

LENOVO GROUP LTD

992

Mar 2026

2,000,000

$2.4M

1.30%

EC

26

CTBC Financial Holding Co Ltd.

2891

Mar 2026

1,332,000

$2.2M

1.17%

EC

27

Emaar Development PJSC

EMAARDEV

Mar 2026

568,666

$2.2M

1.16%

EC

28

Orlen SA

PKN

Mar 2026

57,862

$2.1M

1.13%

EC

29

Zijin Mining Group Co Ltd.

2899

Mar 2026

464,000

$2.1M

1.13%

EC

30

E. Sun Financial Holding Co Ltd.

2884

Mar 2026

2,000,000

$2.0M

1.08%

EC

31

Kimberly-Clark de Mexico S.A.B. de C.V.

KIMBERA

Mar 2026

825,000

$2.0M

1.05%

EC

32

Samsung Electronics Co Ltd.

005935

Mar 2026

24,200

$2.0M

1.05%

EP

33

Accton Technology Corp.

2345

Mar 2026

39,000

$1.9M

1.04%

EC

34

AVI Ltd

AVI

Mar 2026

311,103

$1.9M

1.03%

EC

35

PICC Property and Casualty Co Ltd.

2328

Mar 2026

976,000

$1.8M

0.97%

EC

36

COMPANHIA SANEAMENTO DE MINAS GERAIS SA (COPASA)

CSMG3

Mar 2026

158,000

$1.8M

0.95%

EC

37

Ashok Leyland Ltd.

AL

Mar 2026

1,060,797

$1.7M

0.94%

EC

38

Shennan Circuits Co Ltd.

002916

Mar 2026

52,000

$1.7M

0.92%

EC

39

Companhia de Saneamento Basico do Estado de Sao Paulo - SABESP

SBSP3

Mar 2026

52,330

$1.6M

0.87%

EC

40

Himile Mechanical Science & Technology Shandong Co Ltd.

002595

Mar 2026

125,400

$1.5M

0.78%

EC

41

Bank of China Ltd.

3988

Mar 2026

2,219,000

$1.4M

0.76%

EC

42

PGE Polska Grupa Energetyczna S.A.

PGE

Mar 2026

495,761

$1.4M

0.76%

EC

43

China Shenhua Energy Co Ltd.

1088

Mar 2026

227,500

$1.3M

0.73%

EC

44

Powszechna Kasa Oszczednosci Bank Polski SA

PKO

Mar 2026

56,608

$1.3M

0.72%

EC

45

CHOW TAI FOOK JEWELLERY GROUP LTD

1929

Mar 2026

935,600

$1.3M

0.71%

EC

46

Sany Heavy Equipment International Holdings Co Ltd

631

Mar 2026

926,000

$1.3M

0.71%

EC

47

Lam Research Corporation

LRCX

Mar 2026

6,144

$1.3M

0.71%

EC

48

Abu Dhabi Islamic Bank PJSC

ADIB

Mar 2026

226,625

$1.3M

0.70%

EC

49

Cury Construtora E Incorporadora SA

CURY3

Mar 2026

183,300

$1.3M

0.68%

EC

50

Bharat Petroleum Corp Ltd.

BPCL

Mar 2026

409,941

$1.2M

0.66%

EC

51

United Microelectronics Corp.

2303

Mar 2026

650,000

$1.2M

0.63%

EC

52

Sanlam Ltd

SLM

Mar 2026

206,374

$1.1M

0.59%

EC

53

Hellenic Telecommunications Organization S.A.

HTO

Mar 2026

56,416

$1.1M

0.58%

EC

54

Welspun Corp Ltd

WLCO

Mar 2026

121,317

$1.1M

0.57%

EC

55

HD HYUNDAI CO LTD

267250

Mar 2026

6,269

$1.1M

0.57%

EC

56

WuXi AppTec Co Ltd.

2359

Mar 2026

67,500

$1.0M

0.56%

EC

57

Antam Persero Tbk

ANTM

Mar 2026

4,703,500

$984K

0.53%

EC

58

Dubai Islamic Bank PJSC

DIB

Mar 2026

473,564

$961K

0.52%

EC

59

Hero Motocorp Ltd.

HMCL

Mar 2026

17,000

$919K

0.50%

EC

60

China Construction Bank Corp.

939

Mar 2026

811,000

$875K

0.47%

EC

61

SITC INTERNATIONAL HOLDINGS COMPANY LTD

1308

Mar 2026

188,000

$823K

0.44%

EC

62

Marketech International Corp

6196

Mar 2026

92,000

$815K

0.44%

EC

63

LG Display Co Ltd.

034220

Mar 2026

110,902

$814K

0.44%

EC

64

Eurobank S.A.

1792322D

Mar 2026

200,000

$801K

0.43%

EC

65

Bank Polska Kasa Opieki SA

PEO

Mar 2026

13,502

$800K

0.43%

EC

66

Chambal Fertilisers and Chemicals Ltd.

CHMB

Mar 2026

175,272

$794K

0.43%

EC

67

China International Capital Corp Ltd.

3908

Mar 2026

301,600

$670K

0.36%

EC

68

LG UPLUS CORP

032640

Mar 2026

57,862

$602K

0.32%

EC

69

SUNONWEALTH ELECTRIC MACINE INDUSTRY CO

2421

Mar 2026

107,000

$425K

0.23%

EC

70

Gazprom Public Joint Stock Company

GAZP

Mar 2026

1,323,341

$1K

0.00%

EC

71

Lukoil PJSC

LKOD

Mar 2026

55,455

$55

0.00%

EC