Each N-PORT filing of FWD compared with the one before: positions added and dropped, the largest weight changes, turnover. Computed by Mulden from the filings; dated by filing period and SEC receipt.https://themulden.com/enhttps://themulden.com/funds/fwd/https://themulden.com/funds/fwd/114 positions became 116: 36 added (23.86% of the fund), 34 dropped (18.6%). Turnover proxy 32.9%. Largest increases: Alliance Bernstein 1.69% to 3.61%; Advanced Micro Devices Inc 0.95% to 2.68%; Sungrow Power Supply Co Ltd 0.21% to 0.71%; Crowdstrike Holdings Inc 0.4% to 0.86%; Broadcom Inc 2.59% to 3.03%; Amazon.com Inc 1.05% to 1.46%. Largest decreases: NVIDIA Corp 4.2% to 1.98%; Mitsubishi Heavy Industries Ltd 1.12% to 0.47%; Teradyne Inc 1.09% to 0.48%; Taiwan Semiconductor Manufacturing Co Ltd 2.55% to 1.95%; GE Vernova Inc 1.16% to 0.58%; Honeywell International Inc 1.02% to 0.47%. New: ARM Holdings PLC (1.13%), Ibiden Co Ltd (1.1%), International Business Machines Corp (1.1%), Seagate Technology Holdings PLC (1.06%), Cognex Corp (1.01%), MediaTek Inc (1%). Gone: Texas Instruments Inc (0.94%), Constellation Energy Corp (0.91%), Saab AB (0.85%), AbbVie Inc (0.85%), Amphenol Corp (0.79%), ABB Ltd (0.77%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 24 Jul 2026 12:00:00 GMThttps://themulden.com/funds/fwd/https://themulden.com/funds/fwd/111 positions became 114: 40 added (27.21% of the fund), 37 dropped (23.72%). Turnover proxy 35.3%. Largest increases: Samsung Electronics Co Ltd 1.39% to 2.36%; Caterpillar Inc 1.17% to 1.8%; Corning Inc 0.79% to 1.37%; Bloom Energy Corp 0.26% to 0.74%; Taiwan Semiconductor Manufacturing Co Ltd 2.08% to 2.55%; Lattice Semiconductor Corp 0.54% to 0.94%. Largest decreases: Alphabet Inc 2.68% to 1.38%; Palantir Technologies Inc 1.38% to 0.63%; Celestica Inc 1.06% to 0.44%; Snowflake Inc 1% to 0.4%; Amphenol Corp 1.38% to 0.79%; Amazon.com Inc 1.54% to 1.05%. New: ATI Inc (1.22%), GE Vernova Inc (1.16%), Freeport-McMoRan Inc (1.15%), Sandvik AB (1.05%), Baker Hughes Co (1.05%), XPO Inc (1.03%). Gone: Agilent Technologies Inc (1.44%), ServiceNow Inc (1.13%), Thermo Fisher Scientific Inc (1.08%), Robinhood Markets Inc (1.06%), Alibaba Group Holding Ltd (1%), Boston Scientific Corp (0.98%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 24 Apr 2026 12:00:00 GMThttps://themulden.com/funds/fwd/https://themulden.com/funds/fwd/111 positions became 111: 40 added (29.67% of the fund), 40 dropped (26.04%). Turnover proxy 39%. Largest increases: Lam Research Corp 0.48% to 1.53%; Eli Lilly & Co 0.38% to 1.36%; Tesla Inc 0.95% to 1.85%; Applied Materials Inc 0.77% to 1.59%; Infineon Technologies AG 0.64% to 1.15%; Micron Technology Inc 0.25% to 0.75%. Largest decreases: NVIDIA Corp 5.46% to 3.91%; Bloom Energy Corp 1.4% to 0.26%; Synopsys Inc 1.31% to 0.25%; Microsoft Corp 1.43% to 0.48%; Spotify Technology SA 1.38% to 0.55%; Meta Platforms Inc 2% to 1.25%. New: Alphabet Inc (2.68%), Agilent Technologies Inc (1.44%), Carpenter Technology Corp (1.08%), AstraZeneca PLC (1.08%), Celestica Inc (1.06%), Rockwell Automation Inc (1.06%). Gone: SoftBank Group Corp (1.4%), Oracle Corp (1.39%), AstraZeneca PLC (1.23%), GE Vernova Inc (1.19%), Pop Mart International Group Ltd (1.12%), Siemens Energy AG (1.1%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 23 Jan 2026 12:00:00 GMThttps://themulden.com/funds/fwd/https://themulden.com/funds/fwd/99 positions became 111: 38 added (28.26% of the fund), 26 dropped (19.15%). Turnover proxy 34.6%. Largest increases: AstraZeneca PLC 0.52% to 1.23%; Synopsys Inc 0.66% to 1.31%; Reddit Inc 0.45% to 1.03%; Alliance Bernstein 0.93% to 1.45%; Thermo Fisher Scientific Inc 0.88% to 1.39%; DoorDash Inc 0.52% to 0.94%. Largest decreases: Eaton Corp PLC 1.75% to 0.72%; Tesla Inc 1.94% to 0.95%; Amazon.com Inc 1.94% to 1.26%; Intuitive Surgical Inc 1.62% to 0.96%; Boston Scientific Corp 1.46% to 0.91%; Eli Lilly & Co 0.93% to 0.38%. New: Microsoft Corp (1.43%), SoftBank Group Corp (1.4%), Bloom Energy Corp (1.4%), Lumentum Holdings Inc (1.28%), Pop Mart International Group Ltd (1.12%), Corning Inc (1.02%). Gone: Rockwell Automation Inc (1.34%), Hitachi Ltd (1.08%), Ciena Corp (1.01%), Trane Technologies PLC (0.99%), EQT Corp (0.99%), KLA Corp (0.98%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 27 Oct 2025 12:00:00 GMThttps://themulden.com/funds/fwd/https://themulden.com/funds/fwd/113 positions became 99: 22 added (16.87% of the fund), 36 dropped (23.19%). Turnover proxy 32.5%. Largest increases: NVIDIA Corp 3.39% to 5.09%; Broadcom Inc 2.16% to 3.2%; Taiwan Semiconductor Manufacturing Co Ltd 1.31% to 2.28%; Eaton Corp PLC 0.88% to 1.75%; ServiceNow Inc 0.5% to 1.31%; Texas Instruments Inc 0.48% to 1.26%. Largest decreases: Alliance Bernstein 1.93% to 0.93%; Waters Corp 1.02% to 0.25%; EPAM Systems Inc 1.11% to 0.48%; DoorDash Inc 1.09% to 0.52%; Reddit Inc 1% to 0.45%; Lam Research Corp 1.54% to 1%. New: Advanced Micro Devices Inc (1.26%), Monolithic Power Systems Inc (1.06%), Constellation Energy Corp (1.02%), Trane Technologies PLC (0.99%), EQT Corp (0.99%), KLA Corp (0.98%). Gone: Alibaba Group Holding Ltd (1.85%), BYD Co Ltd (1.15%), Fortinet Inc (1.04%), Emerson Electric Co (1.02%), Salesforce Inc (0.99%), Coherent Corp (0.97%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Fri, 25 Jul 2025 12:00:00 GMThttps://themulden.com/funds/fwd/https://themulden.com/funds/fwd/104 positions became 113: 35 added (26.23% of the fund), 26 dropped (19.08%). Turnover proxy 34%. Largest increases: Meta Platforms Inc 1.4% to 2.5%; Broadcom Inc 1.21% to 2.16%; Infineon Technologies AG 0.42% to 1.02%; Robinhood Markets Inc 0.97% to 1.57%; Lam Research Corp 0.95% to 1.54%; Alliance Bernstein 1.35% to 1.93%. Largest decreases: Tesla Inc 3.02% to 1.43%; Vistra Corp 2.46% to 1.46%; Oracle Corp 1.74% to 0.78%; NVIDIA Corp 4.33% to 3.39%; Axon Enterprise Inc 0.77% to 0%; Texas Instruments Inc 1.21% to 0.48%. New: Alibaba Group Holding Ltd (1.85%), Analog Devices Inc (1.28%), Harmonic Drive Systems Inc (1.21%), BYD Co Ltd (1.15%), Arista Networks Inc (1.12%), Siemens Energy AG (1.02%). Gone: Arista Networks Inc (1.61%), Datadog Inc (1.16%), Apollo Global Management Inc (1.11%), Trade Desk Inc/The (1.11%), Trane Technologies PLC (1.02%), Hoya Corp (0.94%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Mon, 28 Apr 2025 12:00:00 GMThttps://themulden.com/funds/fwd/https://themulden.com/funds/fwd/98 positions became 104: 32 added (25.3% of the fund), 26 dropped (23.23%). Turnover proxy 37.4%. Largest increases: Tesla Inc 1.22% to 3.02%; Vistra Corp 1.2% to 2.46%; Shopify Inc 0.6% to 1.46%; Palantir Technologies Inc 0.59% to 1.4%; Oracle Corp 0.99% to 1.74%; Coherent Corp 0.49% to 1.07%. Largest decreases: Taiwan Semiconductor Manufacturing Co Ltd 2.48% to 1.46%; Meta Platforms Inc 2.42% to 1.4%; Adobe Inc 1.39% to 0.5%; Advanced Micro Devices Inc 1.49% to 0.66%; Teradyne Inc 1.43% to 0.79%; Applied Materials Inc 1.33% to 0.71%. New: GE Vernova Inc (1.87%), Vertiv Holdings Co (1.18%), Datadog Inc (1.16%), Apollo Global Management Inc (1.11%), Snowflake Inc (1.07%), Crowdstrike Holdings Inc (1.07%). Gone: Apple Inc (3.05%), ASML Holding NV (1.25%), MercadoLibre Inc (1.21%), Monolithic Power Systems Inc (1.19%), Regeneron Pharmaceuticals Inc (1.05%), Braze Inc (1%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 23 Jan 2025 12:00:00 GMThttps://themulden.com/funds/fwd/https://themulden.com/funds/fwd/98 positions became 98: 25 added (19.61% of the fund), 25 dropped (17.48%). Turnover proxy 32.1%. Largest increases: Apple Inc 1.58% to 3.05%; Adobe Inc 0.44% to 1.39%; Tesla Inc 0.44% to 1.22%; Meta Platforms Inc 1.72% to 2.42%; Calix Inc 0.11% to 0.72%; Applied Materials Inc 0.78% to 1.33%. Largest decreases: Alliance Bernstein 6.7% to 1.84%; Amazon.com Inc 2.29% to 1.24%; Vistra Corp 2% to 1.2%; Freeport-McMoRan Inc 1.22% to 0.48%; Microsoft Corp 1.47% to 0.78%; Alphabet Inc 1.53% to 0.91%. New: NextEra Energy Inc (1.33%), Advantest Corp (1.14%), Spotify Technology SA (1.02%), Lumentum Holdings Inc (1.01%), Braze Inc (1%), Synopsys Inc (1%). Gone: NetApp Inc (1.13%), Constellation Energy Corp (1.06%), McKesson Corp (0.96%), Vertiv Holdings Co (0.93%), Celestica Inc (0.92%), SMC Corp (0.89%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 24 Oct 2024 12:00:00 GMThttps://themulden.com/funds/fwd/https://themulden.com/funds/fwd/100 positions became 98: 23 added (17.91% of the fund), 25 dropped (19.45%). Turnover proxy 31.2%. Largest increases: Alliance Bernstein 0.95% to 6.7%; Taiwan Semiconductor Manufacturing Co Ltd 0.98% to 2.07%; Texas Instruments Inc 0.45% to 1.23%; ARM Holdings PLC 1.15% to 1.73%; Prysmian SpA 0.97% to 1.51%; Freeport-McMoRan Inc 0.74% to 1.22%. Largest decreases: Meta Platforms Inc 3.09% to 1.72%; DoorDash Inc 1.05% to 0.2%; Advanced Micro Devices Inc 1.71% to 0.99%; MongoDB Inc 1% to 0.36%; Adobe Inc 1.01% to 0.44%; Broadcom Inc 2.06% to 1.49%. New: Vistra Corp (2%), Apple Inc (1.58%), Teradyne Inc (1.21%), NetApp Inc (1.13%), Constellation Energy Corp (1.06%), Emerson Electric Co (1%). Gone: Adyen NV (2%), Advantest Corp (1.31%), Celestica Inc (1.11%), Palo Alto Networks Inc (1.1%), EPAM Systems Inc (1.02%), Salesforce Inc (1%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 24 Jul 2024 12:00:00 GMThttps://themulden.com/funds/fwd/https://themulden.com/funds/fwd/101 positions became 100: 21 added (15.38% of the fund), 22 dropped (15.68%). Turnover proxy 25.8%. Largest increases: NVIDIA Corp 2.71% to 4.63%; ASML Holding NV 1.3% to 2.07%; Eaton Corp PLC 1.03% to 1.8%; Adyen NV 1.26% to 2%; Meta Platforms Inc 2.4% to 3.09%; Confluent Inc 0.3% to 0.98%. Largest decreases: Alphabet Inc 2.4% to 1.33%; Adobe Inc 1.82% to 1.01%; Microsoft Corp 2.59% to 1.85%; Micron Technology Inc 0.97% to 0.47%; ServiceNow Inc 1.41% to 0.92%; Roku Inc 0.76% to 0.28%. New: Lonza Group AG (1.19%), Vertiv Holdings Co (1.02%), EPAM Systems Inc (1.02%), Salesforce Inc (1%), AbbVie Inc (0.98%), Prysmian SpA (0.97%). Gone: Intel Corp (1.16%), Synopsys Inc (1.07%), ANSYS Inc (1.04%), Oracle Corp (0.99%), DraftKings Inc (0.93%), Teradyne Inc (0.91%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 24 Apr 2024 12:00:00 GMThttps://themulden.com/funds/fwd/https://themulden.com/funds/fwd/96 positions became 101: 26 added (21.29% of the fund), 21 dropped (15.58%). Turnover proxy 30.5%. Largest increases: Palo Alto Networks Inc 0.56% to 1.43%; Advanced Micro Devices Inc 1.37% to 2.16%; ASML Holding NV 0.51% to 1.3%; Equinix Inc 0.49% to 1.01%; Intuitive Surgical Inc 1.49% to 2%; Taiwan Semiconductor Manufacturing Co Ltd 0.49% to 1.01%. Largest decreases: Alliance Bernstein 4.4% to 0.87%; NVIDIA Corp 4.76% to 2.71%; Quanta Services Inc 1.93% to 1.05%; Alphabet Inc 3.25% to 2.4%; Microsoft Corp 3.22% to 2.59%; nVent Electric PLC 1.07% to 0.51%. New: ARM Holdings PLC (1.62%), Adyen NV (1.26%), Novo Nordisk A/S (1.13%), Dexcom Inc (1.08%), Synopsys Inc (1.07%), Howmet Aerospace Inc (1.06%). Gone: Novo Nordisk A/S (1.49%), Tesla Inc (1.36%), KLA Corp (1.05%), GXO Logistics Inc (0.97%), Tencent Holdings Ltd (0.97%), NARI Technology Co Ltd (0.9%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Thu, 25 Jan 2024 12:00:00 GMThttps://themulden.com/funds/fwd/https://themulden.com/funds/fwd/95 positions became 96: 20 added (15.33% of the fund), 19 dropped (14.51%). Turnover proxy 24.6%. Largest increases: Alphabet Inc 2.44% to 3.25%; Amazon.com Inc 2.09% to 2.9%; Pinterest Inc 0.03% to 0.75%; Adobe Inc 1.11% to 1.74%; Broadcom Inc 1.5% to 2.12%; Eaton Corp PLC 1.13% to 1.56%. Largest decreases: ASML Holding NV 1.62% to 0.51%; Taiwan Semiconductor Manufacturing Co Ltd 1.37% to 0.49%; Arista Networks Inc 1.7% to 0.96%; NVIDIA Corp 5.43% to 4.76%; Keyence Corp 1.03% to 0.49%; Palo Alto Networks Inc 1.09% to 0.56%. New: Oracle Corp (1.47%), Eli Lilly & Co (1.17%), Celestica Inc (1.1%), nVent Electric PLC (1.07%), Disco Corp (1.01%), Applied Materials Inc (1%). Gone: Adyen NV (1.22%), Mastercard Inc (1.1%), LVMH Moet Hennessy Louis Vuitton SE (0.98%), Vestas Wind Systems A/S (0.89%), Okta Inc (0.87%), Estun Automation Co Ltd (0.87%). Weights are shares of the fund's own investments, securities-lending collateral excluded; positions matched on identifiers.Wed, 25 Oct 2023 12:00:00 GMT