The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
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COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP FIGI (to the nearest dollar) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
3M Co. COM 88579Y101   50,114,385 490,404 SH   SOLE   490,404 0 0
AbbVie Inc. COM 00287Y109   646,973 3,772 SH   SOLE   3,772 0 0
Advanced Drainage Systems Inc. COM 00790R104   336,177 2,096 SH   SOLE   2,096 0 0
Alibaba Group Holding Ltd. ADS 01609W102   349,828 38,749 SH   SOLE   38,749 0 0
Altria Group Inc. COM 02209S103   130,364,227 2,862,003 SH   SOLE   2,313,419 0 548,584
American Express Co. COM 025816109   4,660,638 20,128 SH   SOLE   20,128 0 0
American States Water Co. COM 029899101   623,231 8,588 SH   SOLE   8,588 0 0
American Water Works Company I COM 030420103   1,109,614 8,591 SH   SOLE   8,591 0 0
Ameris Bancorp COM 03076K108   641,107 12,733 SH   SOLE   12,733 0 0
Apple Inc. COM 037833100   1,357,235 6,444 SH   SOLE   6,444 0 0
Applied Materials Inc. COM 038222105   4,334,900 18,369 SH   SOLE   18,369 0 0
Archer-Daniels-Midland Co. COM 039483102   1,411,689 23,353 SH   SOLE   23,353 0 0
Arrow Electronics Inc. COM 042735100   2,836,411 23,488 SH   SOLE   23,488 0 0
Artesian Resources Corp. COM 043113208   288,523 8,206 SH   SOLE   8,206 0 0
ASE Technology Holding Company ADS 00215W100   52,608,587 4,606,706 SH   SOLE   3,063,677 0 1,543,029
AT&T Inc. COM 00206R102   143,152,712 7,490,984 SH   SOLE   5,374,948 0 2,116,036
Axalta Coating Systems Ltd. COM G0750C108   3,340,972 97,775 SH   SOLE   97,775 0 0
Bank of America Corp. COM 060505104   247,769,811 6,230,068 SH   SOLE   4,678,615 0 1,551,453
Baxter International Inc. COM 071813109   48,752,847 1,457,484 SH   SOLE   1,457,484 0 0
BCE Inc. COM 05534B760   158,043,641 4,882,411 SH   SOLE   3,807,125 0 1,075,286
BGSF Inc. COM 05601C105   295,086 34,513 SH   SOLE   34,513 0 0
BHP Group Ltd. ADS 088606108   27,994,992 490,366 SH   SOLE   287,035 0 203,331
Blackstone Inc COM 09260D107   743,419 6,005 SH   SOLE   6,005 0 0
BOEING CO/THE COM 097023105   1,532,524 8,420 SH   SOLE   8,420 0 0
BorgWarner Inc. COM 099724106   2,792,435 86,614 SH   SOLE   86,614 0 0
Bristol-Myers Squibb Co. COM 110122108   61,749,659 1,486,869 SH   SOLE   1,486,869 0 0
British American Tobacco PLC ( ADR 110448107   26,604,962 860,167 SH   SOLE   548,608 0 311,559
Broadcom Ltd. COM 11135F101   205,136,785 127,769 SH   SOLE   91,206 0 36,562
California Water Service Group COM 130788102   610,635 12,593 SH   SOLE   12,593 0 0
Canadian National Railway Co. COM 136375102   2,176,663 18,426 SH   SOLE   18,426 0 0
Canadian Pacific Kansas City L COM 13646K108   422,623 5,368 SH   SOLE   5,368 0 0
Carter's Inc. COM 146229109   281,158 4,537 SH   SOLE   4,537 0 0
Caterpillar Inc. COM 149123101   299,790 900 SH   SOLE   900 0 0
Chevron Corp. COM 166764100   232,404,038 1,485,769 SH   SOLE   1,174,619 0 311,150
Chubb Ltd. COM H1467J104   226,171,774 886,670 SH   SOLE   628,263 0 258,407
Cisco Systems Inc. COM 17275R102   227,198,788 4,782,126 SH   SOLE   3,823,522 0 958,604
Citigroup Inc. COM 172967424   147,195,710 2,319,504 SH   SOLE   1,541,460 0 778,044
Civitas Resources Inc. COM 17888H103   662,055 9,595 SH   SOLE   9,595 0 0
Coca Cola Euro Pacific Partner COM G25839104   46,323,290 635,698 SH   SOLE   416,422 0 219,276
Coca-Cola Femsa SAB de CV (ADR ADR 191241108   45,636,176 531,642 SH   SOLE   312,771 0 218,872
Comcast Corp. (Cl A) COM 20030N101   194,558,459 4,968,296 SH   SOLE   3,975,032 0 993,264
Communication Services Select COM 81369Y852   20,859,067 243,510 SH   SOLE   243,510 0 0
Companhia de Saneamento Basico ADR 20441A102   136,329 10,136 SH   SOLE   10,136 0 0
Conagra Brands Inc. COM 205887102   55,667,034 1,958,727 SH   SOLE   1,958,727 0 0
ConocoPhillips COM 20825C104   149,967,682 1,311,136 SH   SOLE   991,288 0 319,848
Consolidated Water Company Ltd COM G23773107   375,674 14,155 SH   SOLE   14,155 0 0
Consumer Discretionary Select COM 81369Y407   3,841,526 21,061 SH   SOLE   21,061 0 0
Consumer Staples Select Sector COM 81369Y308   12,344,083 161,192 SH   SOLE   161,192 0 0
Copa Holdings SA COM P31076105   5,869,846 61,671 SH   SOLE   61,671 0 0
Core & Main Inc COM 21874C102   536,040 10,953 SH   SOLE   10,953 0 0
Coterra Energy Inc. COM 127097103   861,014 32,284 SH   SOLE   32,284 0 0
Cousins Properties Inc. COM 222795502   667,646 28,840 SH   SOLE   28,840 0 0
Cracker Barrel Old Country Sto COM 22410J106   351,783 8,344 SH   SOLE   8,344 0 0
Crocs Inc. COM 227046109   555,448 3,806 SH   SOLE   3,806 0 0
Crown Castle Inc. COM 22822V101   111,846,397 1,144,794 SH   SOLE   818,056 0 326,738
CSX Corp. COM 126408103   1,362,017 40,718 SH   SOLE   40,718 0 0
Devon Energy Corp. COM 25179M103   512,394 10,810 SH   SOLE   10,810 0 0
Diageo PLC (ADR) ADR 25243Q205   73,119,467 579,945 SH   SOLE   412,423 0 167,522
Dominion Energy Inc. COM 25746U109   402,633 8,217 SH   SOLE   8,217 0 0
Douglas Elliman Inc. COM 25961D105   208,552 179,786 SH   SOLE   179,786 0 0
Dow Inc COM 260557103   186,194,739 3,509,797 SH   SOLE   2,709,000 0 800,797
Duke Energy Corp. COM 26441C204   233,631,759 2,330,956 SH   SOLE   1,828,021 0 502,935
DuPont De Nemours Inc. COM 26614N102   1,250,412 15,535 SH   SOLE   15,535 0 0
Eaton Corp. PLC COM G29183103   4,667,192 14,885 SH   SOLE   14,885 0 0
Ecolab Inc. COM 278865100   338,198 1,421 SH   SOLE   1,421 0 0
Ecovyst Inc COM 27923Q109   306,352 34,153 SH   SOLE   34,153 0 0
Enbridge Inc. COM 29250N105   262,654 7,380 SH   SOLE   7,380 0 0
Energy Select Sector SPDR Fund COM 81369Y506   515,544 5,656 SH   SOLE   5,656 0 0
Energy Transfer LP COM 29273V100   5,491,751 338,579 SH   SOLE   338,579 0 0
Enterprise Financial Services COM 293712105   351,131 8,583 SH   SOLE   8,583 0 0
Enterprise Products Partners L COM 293792107   4,421,392 152,567 SH   SOLE   152,567 0 0
EOG Resources Inc. COM 26875P101   69,409,203 551,436 SH   SOLE   551,436 0 0
Essential Utilites Inc. COM 29670G102   830,257 22,241 SH   SOLE   22,241 0 0
Exxon Mobil Corp. COM 30231G102   242,856,115 2,109,591 SH   SOLE   1,658,447 0 451,144
Fidelity National Information COM 31620M106   1,370,648 18,188 SH   SOLE   18,188 0 0
Financial Select Sector SPDR F COM 81369Y605   12,232,774 297,562 SH   SOLE   297,562 0 0
First Horizon Corp. COM 320517105   817,785 51,857 SH   SOLE   51,857 0 0
First Interstate Bancsystem In COM 32055Y201   352,790 12,704 SH   SOLE   12,704 0 0
GE Vernova LLC COM 36828A101   280,762 1,637 SH   SOLE   1,637 0 0
General Dynamics Corp. COM 369550108   229,132,720 789,732 SH   SOLE   592,637 0 197,095
General Electric Co. COM 369604301   1,041,412 6,551 SH   SOLE   6,551 0 0
Genuine Parts Co. COM 372460105   157,711,265 1,140,191 SH   SOLE   841,128 0 299,063
Global Water Resources Inc. COM 379463102   396,227 32,746 SH   SOLE   32,746 0 0
Granite Real Estate Investment COM 387437114   277,363 5,598 SH   SOLE   5,598 0 0
Great Lakes Dredge & Dock Corp COM 390607109   1,386,336 157,897 SH   SOLE   157,897 0 0
Haemonetics Corp. COM 405024100   342,750 4,143 SH   SOLE   4,143 0 0
Health Care Select Sector SPDR COM 81369Y209   33,300,377 228,476 SH   SOLE   228,476 0 0
Healthpeak Properties Inc COM 42250P103   127,663,754 6,513,457 SH   SOLE   6,513,457 0 0
Highwoods Properties Inc. COM 431284108   431,879 16,440 SH   SOLE   16,440 0 0
Honeywell International Inc. COM 438516106   3,884,324 18,191 SH   SOLE   18,191 0 0
HudBay Minerals Inc. COM 443628102   581,178 64,230 SH   SOLE   64,230 0 0
Huntsman Corp. COM 447011107   525,327 23,071 SH   SOLE   23,071 0 0
ICICI Bank Ltd. (ADR) ADR 45104G104   39,828,500 1,382,454 SH   SOLE   1,382,454 0 0
Industrial Select Sector SPDR COM 81369Y704   12,979,277 106,501 SH   SOLE   106,501 0 0
Intel Corp. COM 458140100   82,379,080 2,659,964 SH   SOLE   2,130,128 0 529,836
International Business Machine COM 459200101   36,155,748 209,053 SH   SOLE   209,053 0 0
International Paper Co. COM 460146103   214,024 4,960 SH   SOLE   4,960 0 0
iShares MSCI India ETF COM 46429B598   7,367,646 132,084 SH   SOLE   132,084 0 0
iShares MSCI Malaysia ETF COM 46434G814   4,529,868 201,686 SH   SOLE   201,686 0 0
iShares MSCI South Korea ETF COM 464286772   10,967,702 165,951 SH   SOLE   165,951 0 0
iShares MSCI Taiwan ETF COM 46434G772   10,113,967 186,639 SH   SOLE   186,639 0 0
Itau Unibanco Holding SA (ADR) ADR 465562106   2,402,903 411,456 SH   SOLE   411,456 0 0
Johnson & Johnson COM 478160104   177,287,616 1,212,969 SH   SOLE   867,730 0 345,239
Johnson Controls International COM G51502105   225,424,370 3,391,370 SH   SOLE   2,550,136 0 841,234
JP Morgan Chase & Co. COM 46625H100   306,202,600 1,513,906 SH   SOLE   1,116,382 0 397,524
Kaspi.kz JSC ADR 48581R205   42,595,361 330,171 SH   SOLE   330,171 0 0
KB Financial Group Inc. (ADR) ADR 48241A105   7,296,067 128,883 SH   SOLE   128,883 0 0
Kellanova COM 487836108   47,560,588 824,559 SH   SOLE   824,559 0 0
Kenvue Inc COM 49177J102   165,793,398 9,119,549 SH   SOLE   7,016,622 0 2,102,927
Kimberly-Clark Corp. COM 494368103   774,196 5,602 SH   SOLE   5,602 0 0
Korn Ferry COM 500643200   608,691 9,066 SH   SOLE   9,066 0 0
Latham Group Inc. COM 51819L107   358,700 118,383 SH   SOLE   118,383 0 0
Laureate Education Inc. COM 518613203   10,818,741 724,146 SH   SOLE   724,146 0 0
LendingTree Inc. COM 52603B107   1,438,681 34,592 SH   SOLE   34,592 0 0
Linde PLC COM G54950103   438,995 1,000 SH   SOLE   1,000 0 0
Lindsay Corp. COM 535555106   208,036 1,693 SH   SOLE   1,693 0 0
LoanDepot Inc. COM 53946R106   443,871 269,013 SH   SOLE   269,013 0 0
Lowe's Companies Inc. COM 548661107   129,399,857 586,954 SH   SOLE   440,242 0 146,712
Marriot Vacations Worldwide Co COM 57164Y107   893,546 10,233 SH   SOLE   10,233 0 0
Masco Corp. COM 574599106   551,161 8,267 SH   SOLE   8,267 0 0
Materials Select Sector SPDR F COM 81369Y100   413,026 4,677 SH   SOLE   4,677 0 0
McDonald's Corp. COM 580135101   2,069,810 8,122 SH   SOLE   8,122 0 0
Medtronic PLC COM G5960L103   205,734,199 2,613,825 SH   SOLE   2,057,083 0 556,742
Merck & Co. Inc. COM 58933Y105   197,308,232 1,593,766 SH   SOLE   1,169,974 0 423,792
Microsoft Corp. COM 594918104   117,162,519 262,138 SH   SOLE   206,871 0 55,267
Middlesex Water Co. COM 596680108   244,263 4,674 SH   SOLE   4,674 0 0
Mondelez International Inc. COM 609207105   3,812,404 58,258 SH   SOLE   58,258 0 0
Morgan Stanley COM 617446448   250,791,937 2,580,429 SH   SOLE   2,007,468 0 572,961
NextEra Energy Inc. COM 65339F101   196,920,174 2,780,966 SH   SOLE   1,903,188 0 877,778
Novartis AG (ADR) ADR 66987V109   305,580,713 2,870,381 SH   SOLE   2,136,753 0 733,628
Oracle Corp. COM 68389X105   5,597,309 39,641 SH   SOLE   39,641 0 0
Packaging Corp. of America COM 695156109   2,403,768 13,167 SH   SOLE   13,167 0 0
PennyMac Financial Services In COM 70932M107   354,845 3,751 SH   SOLE   3,751 0 0
Pentair PLC COM G7S00T104   489,538 6,385 SH   SOLE   6,385 0 0
PepsiCo Inc. COM 713448108   1,415,099 8,580 SH   SOLE   8,580 0 0
Petroleo Brasileiro SA (ADR) ADR 71654V408   42,088,894 2,904,686 SH   SOLE   1,921,123 0 983,563
Pfizer Inc. COM 717081103   107,914,508 3,856,844 SH   SOLE   2,541,967 0 1,314,878
Philip Morris International In COM 718172109   238,875,180 2,357,398 SH   SOLE   1,818,757 0 538,641
Pool Corp. COM 73278L105   518,158 1,686 SH   SOLE   1,686 0 0
Portland General Electric Co. COM 736508847   748,311 17,306 SH   SOLE   17,306 0 0
PotlatchDeltic Corp COM 737630103   210,579 5,346 SH   SOLE   5,346 0 0
PPL Corp. COM 69351T106   63,587,199 2,299,718 SH   SOLE   2,299,718 0 0
Premier Financial Corp COM 74052F108   512,789 25,063 SH   SOLE   25,063 0 0
Prologis Inc. COM 74340W103   282,909 2,519 SH   SOLE   2,519 0 0
Public Service Enterprise Grou COM 744573106   663,226 8,999 SH   SOLE   8,999 0 0
Public Storage COM 74460D109   543,946 1,891 SH   SOLE   1,891 0 0
Qualcomm Inc. COM 747525103   1,560,376 7,834 SH   SOLE   7,834 0 0
Ralph Lauren Corp. COM 751212101   1,051,410 6,006 SH   SOLE   6,006 0 0
Rayonier Inc. COM 754907103   311,641 10,713 SH   SOLE   10,713 0 0
Real Estate Select Sector SPDR COM 81369Y860   10,956,453 285,250 SH   SOLE   285,250 0 0
Rio Tinto PLC (ADR) ADR 767204100   60,916,737 923,961 SH   SOLE   739,794 0 184,167
RTX Corp COM 75513E101   181,205,552 1,805,016 SH   SOLE   1,304,314 0 500,701
Sanofi (ADR) ADR 80105N105   17,835,435 367,589 SH   SOLE   208,937 0 158,652
Seagate Technology Holdings PL COM G7997R103   299,586 2,901 SH   SOLE   2,901 0 0
Select Water Solutions Inc. COM 81617J301   794,571 74,259 SH   SOLE   74,259 0 0
Sempra COM 816851109   2,461,454 32,362 SH   SOLE   32,362 0 0
Sensata Technologies Holding P COM G8060N102   1,157,295 30,952 SH   SOLE   30,952 0 0
Shell PLC ADS 780259305   32,721,448 453,331 SH   SOLE   250,474 0 202,857
Simon Property Group Inc. COM 828806109   1,326,277 8,737 SH   SOLE   8,737 0 0
Simons First National Corp. COM 828730200   439,992 25,028 SH   SOLE   25,028 0 0
Sitio Royalties Corp COM 82983N108   603,212 25,549 SH   SOLE   25,549 0 0
SJW Group COM 784305104   294,631 5,434 SH   SOLE   5,434 0 0
SouthState Corp. COM 840441109   398,644 5,216 SH   SOLE   5,216 0 0
SPDR Bloomberg 1-3 Month T-Bil COM 78468R663   2,241,635 24,424 SH   SOLE   24,424 0 0
SPDR S&P500 ETF Trust COM 78462F103   612,792 1,126 SH   SOLE   1,126 0 0
Spirit AeroSystems Holdings In COM 848574109   308,452 9,384 SH   SOLE   9,384 0 0
Stantec Inc. COM 85472N109   215,392 2,578 SH   SOLE   2,578 0 0
Suzano SA ADS 86959K105   169,096 16,465 SH   SOLE   16,465 0 0
Taiwan Semiconductor Manufactu ADS 874039100   54,662,202 314,494 SH   SOLE   314,494 0 0
Target Corp. COM 87612E106   141,643,178 956,790 SH   SOLE   671,373 0 285,417
Technology Select Sector SPDR COM 81369Y803   4,918,014 21,739 SH   SOLE   21,739 0 0
Terex Corp. COM 880779103   359,147 6,549 SH   SOLE   6,549 0 0
Tetra Tech Inc. COM 88162G103   556,595 2,722 SH   SOLE   2,722 0 0
The Allstate Corp. COM 020002101   3,057,329 19,149 SH   SOLE   19,149 0 0
The Cigna Group COM 125523100   4,123,861 12,475 SH   SOLE   12,475 0 0
The Coca-Cola Co. COM 191216100   650,439 10,219 SH   SOLE   10,219 0 0
The JM Smucker Co. COM 832696405   1,560,908 14,315 SH   SOLE   14,315 0 0
The PNC Financial Services Gro COM 693475105   2,772,830 17,834 SH   SOLE   17,834 0 0
The Procter & Gamble Co. COM 742718109   1,567,400 9,504 SH   SOLE   9,504 0 0
The Travelers Companies Inc. COM 89417E109   156,472,554 769,512 SH   SOLE   613,221 0 156,291
The Walt Disney Co. COM 254687106   3,076,103 30,981 SH   SOLE   30,981 0 0
The Western Union Co. COM 959802109   213,752 17,492 SH   SOLE   17,492 0 0
The York Water Co. COM 987184108   407,100 10,976 SH   SOLE   10,976 0 0
TotalEnergies SE ADS 89151E109   44,342,080 664,998 SH   SOLE   423,206 0 241,792
Toyota Motor Corp. ADS 892331307   36,849,814 179,782 SH   SOLE   100,526 0 79,256
Trip.com Group Ltd. ADS 89677Q107   7,980,506 169,798 SH   SOLE   169,798 0 0
Trip.com Group Ltd. ADS 89677Q107   25,596,947 533,600 SH   SOLE   533,600 0 0
Truist Financial Corp COM 89832Q109   177,867,450 4,578,313 SH   SOLE   3,462,009 0 1,116,304
Under Armour Inc. (class C) COM 904311206   313,753 48,048 SH   SOLE   48,048 0 0
Unilever PLC (ADR) ADR 904767704   158,865,447 2,888,988 SH   SOLE   2,070,182 0 818,806
Union Pacific Corp. COM 907818108   2,371,657 10,482 SH   SOLE   10,482 0 0
Unisys Corp. COM 909214306   175,847 42,578 SH   SOLE   42,578 0 0
United Parcel Service Inc. COM 911312106   120,040,864 877,171 SH   SOLE   667,950 0 209,221
Utilities Select Sector SPDR F COM 81369Y886   521,475 7,653 SH   SOLE   7,653 0 0
Vale SA ADS 91912E105   209,080 18,718 SH   SOLE   18,718 0 0
Valmont Industries Inc. COM 920253101   481,660 1,755 SH   SOLE   1,755 0 0
VanEck Vietnam ETF COM 92189F817   973,722 80,010 SH   SOLE   80,010 0 0
Varex Imaging Corp. COM 92214X106   200,534 13,614 SH   SOLE   13,614 0 0
Veralto Corp. COM 92338C103   345,601 3,620 SH   SOLE   3,620 0 0
Verizon Communications Inc. COM 92343V104   71,512,317 1,734,052 SH   SOLE   1,734,052 0 0
Vici Properties Inc. COM 925652109   186,286,441 6,504,415 SH   SOLE   5,286,670 0 1,217,745
Viper Energy Inc COM 927959106   1,253,877 33,410 SH   SOLE   33,410 0 0
Walmart Inc. COM 931142103   3,715,383 54,872 SH   SOLE   54,872 0 0
Warner Brothers Discovery Inc. COM 934423104   598,942 80,503 SH   SOLE   80,503 0 0
Weyerhaeuser Co. COM 962166104   423,494 14,917 SH   SOLE   14,917 0 0
WisdomTree India Earnings Fund COM 97717W422   10,063,290 208,436 SH   SOLE   208,436 0 0
WisdomTree International Equit COM 97717W703   223,260 4,156 SH   SOLE   4,156 0 0
WP Carey Inc. COM 92936U109   315,051 5,723 SH   SOLE   5,723 0 0
Xylem Inc. COM 98419M100   528,279 3,895 SH   SOLE   3,895 0 0
Zurn Elkay Water Solutions Cor COM 98983L108   320,431 10,899 SH   SOLE   10,899 0 0