# EDGAR Filing Document

**Accession Number:** 0000831114
**File Stem:** 0000894189-26-002224
**Filing Date:** 2026-1
**Character Count:** 75147
**Document Hash:** 4bb7cde027465fb898791bc4728f3850
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000894189-26-002224.hdr.sgml**: 20260128

**ACCESSION NUMBER**: 0000894189-26-002224

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260128

**DATE AS OF CHANGE**: 20260128

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RBB FUND, INC.
- **CENTRAL INDEX KEY:** 0000831114

**ORGANIZATION NAME:**
- **EIN:** 510312196
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05518
- **FILM NUMBER:** 26569764

**BUSINESS ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN ST.
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202
- **BUSINESS PHONE:** 609-731-6256

**MAIL ADDRESS:**
- **STREET 1:** 615 E. MICHIGAN ST.
- **CITY:** MILWAUKEE
- **STATE:** WI
- **ZIP:** 53202

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** RBB FUND INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FUND INC /DE/
- **DATE OF NAME CHANGE:** 19600201

## Series and Classes Contracts Data

### Boston Partners Small Cap Value Fund II (Series ID: S000001094)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000002982 | INSTITUTIONAL | BPSIX           |
| C000002983 | INVESTOR      | BPSCX           |

## Nport-Ex

---

| | | |
|:---|:---|:---|
| **Boston Partners Small Cap Value Fund II** | **Boston Partners Small Cap Value Fund II** | **Boston Partners Small Cap Value Fund II** |
| **Schedule of Investments** | **Schedule of Investments** | **Schedule of Investments** |
| **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** | **November 30, 2025 (Unaudited)** |
| **COMMON STOCKS - 95.4%** | **Shares** | **Value**  |
| **Communication Services - 2.7%** | **Communication Services - 2.7%** | |
| Cargurus, Inc. <sup>(a)</sup> | 111487 | $3933261 |
| EverQuote, Inc. - Class A <sup>(a)</sup> | 148774 | 3926146 |
| Magnite, Inc. <sup>(a)(b)</sup> | 487806 | 7165870 |
| Stagwell, Inc. <sup>(a)(b)</sup> | 527610 | 2827990 |
|  |  | 17853267 |
| **Consumer Discretionary - 15.6%** | **Consumer Discretionary - 15.6%** |  |
| Abercrombie & Fitch Co. - Class A <sup>(a)</sup> | 61363 | 6005597 |
| Academy Sports & Outdoors, Inc. | 98998 | 4776653 |
| Adtalem Global Education, Inc. <sup>(a)</sup> | 50115 | 4638644 |
| Bath & Body Works, Inc. | 81298 | 1415398 |
| Boyd Gaming Corp. | 34490 | 2873017 |
| Build-A-Bear Workshop, Inc. <sup>(b)</sup> | 76636 | 4069372 |
| Carriage Services, Inc. | 141475 | 6125867 |
| Cavco Industries, Inc. <sup>(a)</sup> | 7648 | 4555531 |
| Frontdoor, Inc. <sup>(a)</sup> | 72384 | 3903669 |
| Grand Canyon Education, Inc. <sup>(a)</sup> | 27287 | 4304251 |
| Green Brick Partners, Inc. <sup>(a)</sup> | 42033 | 2853200 |
| Group 1 Automotive, Inc. <sup>(b)</sup> | 14251 | 5715221 |
| Installed Building Products, Inc. <sup>(b)</sup> | 7798 | 2090020 |
| Kontoor Brands, Inc. <sup>(b)</sup> | 67636 | 5028737 |
| Laureate Education, Inc. <sup>(a)</sup> | 268613 | 8300142 |
| LCI Industries | 35337 | 4016757 |
| Lear Corp. | 32133 | 3449799 |
| Legacy Housing Corp. <sup>(a)</sup> | 13509 | 269234 |
| Murphy USA, Inc. | 10721 | 4128335 |
| Steven Madden Ltd. <sup>(b)</sup> | 89133 | 3723977 |
| Taylor Morrison Home Corp. <sup>(a)</sup> | 65410 | 4100553 |
| Universal Technical Institute, Inc. <sup>(a)</sup> | 101723 | 2341663 |
| Urban Outfitters, Inc. <sup>(a)(b)</sup> | 55527 | 4112885 |
| Valvoline, Inc. <sup>(a)</sup> | 93506 | 2927673 |
| Visteon Corp. | 27656 | 2855482 |
| Wolverine World Wide, Inc. | 119774 | 1941537 |
| Wyndham Hotels & Resorts, Inc. | 36633 | 2681536 |
|  |  | 103204750 |
| **Consumer Staples - 2.8%** | **Consumer Staples - 2.8%** |  |
| BellRing Brands, Inc. <sup>(a)</sup> | 93269 | 2881079 |
| Coca-Cola Consolidated, Inc. | 19990 | 3257371 |
| Ingredion, Inc. | 45236 | 4864679 |
| Nature's Sunshine Products, Inc. <sup>(a)</sup> | 147262 | 3030652 |
| PriceSmart, Inc. <sup>(b)</sup> | 38717 | 4766063 |
|  |  | 18799844 |
| **Energy - 4.9%** | **Energy - 4.9%** |  |
| Archrock, Inc. | 142434 | 3495330 |
| Bristow Group, Inc. <sup>(a)</sup> | 80988 | 3037860 |
| National Energy Services Reunited Corp. <sup>(a)</sup> | 375096 | 5228838 |
| South Bow Corp. | 161032 | 4438042 |
| Tidewater, Inc. <sup>(a)</sup> | 65735 | 3551005 |
| Viper Energy, Inc. - Class A | 132787 | 4850709 |
| Weatherford International PLC | 43913 | 3284693 |
| World Kinect Corp. | 188822 | 4376894 |
|  |  | 32263371 |
| **Financials - 26.9% <sup>(c)</sup>** | **Financials - 26.9% <sup>(c)</sup>** |  |
| AllianceBernstein Holding LP | 39115 | 1615841 |
| AMERISAFE, Inc. | 46952 | 1915642 |
| Assured Guaranty Ltd. | 85678 | 7757286 |
| Axis Capital Holdings Ltd. | 51228 | 5237551 |
| Axos Financial, Inc. <sup>(a)</sup> | 41497 | 3410223 |
| Bar Harbor Bankshares | 102042 | 3044933 |
| BGC Group, Inc. - Class A | 400638 | 3485551 |
| Byline Bancorp, Inc. | 117663 | 3285151 |
| Cadence Bank | 101761 | 4054158 |
| Columbia Banking System, Inc. | 116882 | 3239969 |
| ConnectOne Bancorp, Inc. | 101266 | 2558992 |
| Diamond Hill Investment Group, Inc. | 17356 | 2048008 |
| Employers Holdings, Inc. | 44215 | 1761968 |
| Essent Group Ltd. | 56128 | 3522593 |
| Euronet Worldwide, Inc. <sup>(a)</sup> | 33570 | 2487201 |
| EVERTEC, Inc. | 93450 | 2700705 |
| Federal Agricultural Mortgage Corp. - Class C | 44337 | 7615323 |
| First American Financial Corp. | 95215 | 6261338 |
| First Mid Bancshares, Inc. | 61594 | 2344268 |
| FirstCash Holdings, Inc. | 68311 | 10821145 |
| Global Indemnity Group LLC - Class A | 107298 | 3011855 |
| Hancock Whitney Corp. | 58795 | 3562389 |
| Heritage Commerce Corp. | 266331 | 2900345 |
| Home BancShares, Inc. | 121919 | 3421047 |
| James River Group Holdings, Inc. | 580348 | 3418250 |
| Nicolet Bankshares, Inc. <sup>(b)</sup> | 34055 | 4290249 |
| Northeast Bank | 55550 | 4937284 |
| Northrim BanCorp, Inc. | 113347 | 2783802 |
| Old Second Bancorp, Inc. | 183845 | 3465478 |
| Oportun Financial Corp. <sup>(a)</sup> | 416621 | 2153931 |
| Oppenheimer Holdings, Inc. - Class A | 47972 | 3263535 |
| PennyMac Financial Services, Inc. | 36962 | 4973976 |
| PennyMac Mortgage Investment Trust | 212202 | 2724674 |
| Pinnacle Financial Partners, Inc. | 28873 | 2647077 |
| Preferred Bank <sup>(b)</sup> | 78433 | 7404860 |
| Red River Bancshares, Inc. | 40353 | 2826728 |
| Redwood Trust, Inc. | 403685 | 2224304 |
| Silvercrest Asset Management Group, Inc. - Class A | 165231 | 2280188 |
| SLM Corp. <sup>(b)</sup> | 276524 | 8102153 |
| Stewart Information Services Corp. | 73416 | 5625868 |
| StoneX Group, Inc. <sup>(a)</sup> | 66603 | 6034898 |
| Voya Financial, Inc. | 66121 | 4648306 |
| WEX, Inc. <sup>(a)</sup> | 21215 | 3147457 |
| White Mountains Insurance Group Ltd. | 2687 | 5439160 |
| WSFS Financial Corp. | 58500 | 3264885 |
|  |  | 177720545 |
| **Health Care - 5.7%** | **Health Care - 5.7%** |  |
| Addus HomeCare Corp. <sup>(a)</sup> | 33403 | 4015041 |
| Catalyst Pharmaceuticals, Inc. <sup>(a)</sup> | 129877 | 3040421 |
| Guardian Pharmacy Services, Inc. - Class A <sup>(a)</sup> | 199187 | 5832195 |
| Haemonetics Corp. <sup>(a)</sup> | 56180 | 4570243 |
| Halozyme Therapeutics, Inc. <sup>(a)</sup> | 41007 | 2927900 |
| Harmony Biosciences Holdings, Inc. <sup>(a)</sup> | 87274 | 3079899 |
| Omnicell, Inc. <sup>(a)</sup> | 93569 | 3416204 |
| Option Care Health, Inc. <sup>(a)</sup> | 143073 | 4449570 |
| Pediatrix Medical Group, Inc. <sup>(a)</sup> | 263830 | 6355665 |
|  |  | 37687138 |
| **Industrials - 21.5%** | **Industrials - 21.5%** |  |
| ABM Industries, Inc. | 87957 | 3782151 |
| AZZ, Inc. | 26796 | 2824834 |
| Brink's Co. | 62139 | 6980074 |
| Civeo Corp. <sup>(b)</sup> | 112855 | 2515538 |
| Concentrix Corp. <sup>(b)</sup> | 67087 | 2429220 |
| CRA International, Inc. | 25713 | 4534230 |
| DNOW, Inc. <sup>(a)</sup> | 179845 | 2510636 |
| DXP Enterprises, Inc. <sup>(a)</sup> | 36642 | 3443982 |
| EnerSys | 45010 | 6441381 |
| First Advantage Corp. <sup>(a)(b)</sup> | 324310 | 4501423 |
| Gibraltar Industries, Inc. <sup>(a)</sup> | 63267 | 3160819 |
| Granite Construction, Inc. <sup>(b)</sup> | 60523 | 6508038 |
| Griffon Corp. | 59319 | 4448925 |
| Heidrick & Struggles International, Inc. | 67365 | 3965778 |
| HNI Corp. <sup>(b)</sup> | 102420 | 4252478 |
| Huron Consulting Group, Inc. <sup>(a)</sup> | 43889 | 7224568 |
| IBEX Holdings Ltd. <sup>(a)</sup> | 191534 | 6740081 |
| Janus International Group, Inc. <sup>(a)</sup> | 397301 | 2467239 |
| Karat Packaging, Inc. | 111561 | 2458804 |
| KBR, Inc. | 81869 | 3374640 |
| Kelly Services, Inc. - Class A | 229120 | 1979597 |
| Korn Ferry | 46249 | 3041797 |
| Landstar System, Inc. | 22425 | 2934087 |
| Legalzoom.com, Inc. <sup>(a)</sup> | 332508 | 3102300 |
| LSI Industries, Inc. | 204905 | 3747712 |
| Masterbrand, Inc. <sup>(a)</sup> | 300544 | 3333033 |
| Matson, Inc. | 37495 | 4086205 |
| Maximus, Inc. | 54928 | 4728752 |
| Mayville Engineering Co., Inc. <sup>(a)</sup> | 155135 | 2635744 |
| Modine Manufacturing Co. <sup>(a)</sup> | 27966 | 4534128 |
| Primoris Services Corp. | 80662 | 10208583 |
| Sensata Technologies Holding PLC | 136041 | 4362835 |
| Sterling Infrastructure, Inc. <sup>(a)</sup> | 9635 | 3317427 |
| Upwork, Inc. <sup>(a)(b)</sup> | 285573 | 5637211 |
|  |  | 142214250 |
| **Information Technology - 9.9%** | **Information Technology - 9.9%** |  |
| Adeia, Inc. | 331346 | 4098750 |
| Arrow Electronics, Inc. <sup>(a)</sup> | 36423 | 3934048 |
| Avnet, Inc. | 86602 | 4114461 |
| Axcelis Technologies, Inc. <sup>(a)(b)</sup> | 53663 | 4441687 |
| Bel Fuse, Inc. - Class B <sup>(b)</sup> | 43685 | 6728801 |
| Belden, Inc. <sup>(b)</sup> | 30821 | 3495101 |
| Benchmark Electronics, Inc. | 102042 | 4584747 |
| Cirrus Logic, Inc. <sup>(a)</sup> | 28041 | 3374454 |
| Daktronics, Inc. <sup>(a)</sup> | 169551 | 3209600 |
| InterDigital, Inc. <sup>(b)</sup> | 17432 | 6236298 |
| Littelfuse, Inc. | 9516 | 2436286 |
| LiveRamp Holdings, Inc. <sup>(a)</sup> | 157591 | 4546500 |
| NCR Voyix Corp. <sup>(a)(b)</sup> | 279435 | 2825088 |
| OSI Systems, Inc. <sup>(a)</sup> | 11347 | 3073335 |
| Photronics, Inc. <sup>(a)</sup> | 115392 | 2643631 |
| Qorvo, Inc. <sup>(a)</sup> | 30991 | 2661817 |
| Yext, Inc. <sup>(a)</sup> | 352852 | 2971014 |
|  |  | 65375618 |
| **Materials - 3.2%** | **Materials - 3.2%** |  |
| Commercial Metals Co. | 68251 | 4353049 |
| Ecovyst, Inc. <sup>(a)</sup> | 383542 | 3528586 |
| Element Solutions, Inc. <sup>(b)</sup> | 125631 | 3256356 |
| Knife River Corp. <sup>(a)</sup> | 42750 | 3199410 |
| Methanex Corp. | 108216 | 3853572 |
| Myers Industries, Inc. | 151624 | 2738329 |
|  |  | 20929302 |
| **Real Estate - 1.9%** | **Real Estate - 1.9%** |  |
| BRT Apartments Corp. | 86148 | 1261207 |
| Cousins Properties, Inc. | 87714 | 2261267 |
| CTO Realty Growth, Inc. | 118354 | 2139840 |
| Essential Properties Realty Trust, Inc. <sup>(b)</sup> | 104081 | 3295204 |
| First Industrial Realty Trust, Inc. | 61338 | 3510987 |
|  |  | 12468505 |
| **Utilities - 0.3%** | **Utilities - 0.3%** |  |
| Pure Cycle Corp. <sup>(a)</sup> | 156370 | 1779491 |
| **TOTAL COMMON STOCKS** (Cost $511,078,994) | **TOTAL COMMON STOCKS** (Cost $511,078,994) | 630296081 |
| **CLOSED-END FUNDS - 0.8%** | **Shares** | **Value**  |
| Blue Owl Capital Corp. <sup>(b)</sup> | 205125 | 2701497 |
| Golub Capital BDC, Inc. <sup>(b)</sup> | 201557 | 2839938 |
| **TOTAL CLOSED-END FUNDS** (Cost $6,245,272) | **TOTAL CLOSED-END FUNDS** (Cost $6,245,272) | 5541435 |
| **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** | **SHORT-TERM INVESTMENTS** |
| **INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING - 11.7%** | **Units** | **Value**  |
| Mount Vernon Liquid Assets Portfolio, LLC, 4.09% <sup>(d)</sup> | 77033946 | 77033946 |
| **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $77,033,946) | **TOTAL INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING** (Cost $77,033,946) | 77033946 |
| **TOTAL INVESTMENTS - 107.9% (**Cost $594,358,212**)** | **TOTAL INVESTMENTS - 107.9% (**Cost $594,358,212**)** | 712871462 |
| Liabilities in Excess of Other Assets - (7.9)% | Liabilities in Excess of Other Assets - (7.9)% | (51908544) |
| **TOTAL NET ASSETS - 100.0%** |  | $660962918 |
| Percentages are stated as a percent of net assets. | Percentages are stated as a percent of net assets. |  |
| The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. | The Global Industry Classification Standard ("GICS<sup>®</sup>") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor's Financial Services LLC ("S&P"). GICS<sup>®</sup> is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services. |
| More narrow industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting purposes. | More narrow industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting purposes. | More narrow industries are utilized for compliance purposes, whereas broad sectors are utilized for reporting purposes. |

---

LLC - Limited Liability Company <br> LP - Limited Partnership <br> PLC - Public Limited Company

(a) Non-income producing security.

(b) All or a portion of this security is on loan as of November 30, 2025. The fair value of these securities was $75,367,328.

(c) To the extent that the Fund invests more heavily in particular industries or sectors of the economy, its performance will be especially sensitive to developments that significantly affect those industries or
 sectors.

(d) The rate shown represents the 7-day annualized yield as of November 30, 2025.

------

#### Summary of Fair Value Disclosure as of November 30, 2025 (Unaudited)
Boston Partners Small Cap Value Fund II (the "Fund") has adopted fair value accounting standards which establish a definition of fair value and set out a hierarchy for measuring fair value. These standards require additional disclosures about the various inputs and valuation techniques used to develop the measurements of fair value, a discussion of changes in valuation techniques and related inputs during the period, and expanded disclosure of valuation levels for major security types. These inputs are summarized in the three broad levels listed below. The inputs or valuation methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and based on the best information available.

The following is a summary of the fair valuation hierarchy of the Fund's securities as of November 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **<u>Level 1</u>** | **<u>Level 2</u>** | **<u>Level 3</u>** | **<u>Total</u>** |
| <u>Investments:</u> |  |  |  |  |
|  &nbsp;&nbsp;&nbsp;&nbsp;Common Stocks | $630296081 | $– | $– | $630296081 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Closed-End Funds | 5541435 | – | – | 5541435 |
|  &nbsp;&nbsp;&nbsp;&nbsp;Investments Purchased with Proceeds from Securities Lending<sup>(a)</sup> | – | – | – | 77033946 |
| Total Investments | $635837516 | $– | $– | $712871462 |
| Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. | Refer to the Schedule of Investments for further disaggregation of investment categories. |

---

(a) Certain investments that are measured at fair value using the net asset value per share (or its equivalent) practical expedient have not been categorized in the fair value hierarchy. The fair value amount of
 $77,033,946 presented in the table are intended to permit reconciliation of the fair value hierarchy to the amounts listed in the Schedule of Investments.

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** RBB Fund, Inc.

- **b. Investment Company Act file number:** 811-05518

- **c. CIK number of Registrant:** 0000831114

- **d. LEI of Registrant:** 5493005KKD0GVHSW0D29

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 615 East Michigan Street

  - **City:** Milwaukee

  - **State:** WI

  - **Foreign country:** US

  - **Zip / Postal Code:** 53202

  - **Telephone number:** 262-378-6278

**Item A.2. Information about the Series.**

- **a. Name of Series:** Boston Partners Small Cap Value Fund II

- **b. EDGAR series identifier (if any):** S000001094

- **c. LEI of Series:** 549300EE05OFMWYSCJ83

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2025-11-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $736214546.73

**Total Liabilities:** $77756117.62

**Net Assets:** $658458429.11

**Cash Not Reported:** $14147.00

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000002982 | -0.14%               | -4.19%               | 1.41%                |
| Class ID C000002983 | -0.15%               | -4.24%               | 1.40%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $9927842.52              | $-11706945.23                              |
| Month 2  | $156865.83               | $-28111567.81                              |
| Month 3  | $92263.25                | $8769443.30                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                      | Title                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   | Fair Value Level   | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Commercial Metals Co                      | Commercial Metals Co                      | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |     68251 | NS      | $4353048.78   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Concentrix Corp                           | Concentrix Corp                           | CUSIP: 20602D101<br>LEI: 5493000EAJN1KMPVA737 | Long             | EC               | CORP              | US        |     67087 | NS      | $2429220.27   | 0.37%             |  |  |  | No            | 1                  | On Loan: —       |
| ConnectOne Bancorp Inc                    | ConnectOne Bancorp Inc                    | CUSIP: 20786W107<br>LEI: 549300E2M5ZYAZKUK134 | Long             | EC               | CORP              | US        |    101266 | NS      | $2558991.82   | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| Cousins Properties Inc                    | Cousins Properties Inc                    | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |     87714 | NS      | $2261266.92   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| HNI Corp                                  | HNI Corp                                  | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |    102420 | NS      | $4252478.40   | 0.65%             |  |  |  | No            | 1                  | On Loan: —       |
| Harmony Biosciences Holdings I            | Harmony Biosciences Holdings Inc          | CUSIP: 413197104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     87274 | NS      | $3079899.46   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Heidrick & Struggles Internati            | Heidrick & Struggles International Inc    | CUSIP: 422819102<br>LEI: 5493006284N2J367VB57 | Long             | EC               | CORP              | US        |     67365 | NS      | $3965777.55   | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Heritage Commerce Corp                    | Heritage Commerce Corp                    | CUSIP: 426927109<br>LEI: 549300CLIS851ELSR406 | Long             | EC               | CORP              | US        |    266331 | NS      | $2900344.59   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Home BancShares Inc/AR                    | Home BancShares Inc/AR                    | CUSIP: 436893200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    121919 | NS      | $3421047.14   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Huron Consulting Group Inc                | Huron Consulting Group Inc                | CUSIP: 447462102<br>LEI: 549300NGVB9H6TKTLE36 | Long             | EC               | CORP              | US        |     43889 | NS      | $7224568.29   | 1.10%             |  |  |  | No            | 1                  | On Loan: No      |
| LSI Industries Inc                        | LSI Industries Inc                        | CUSIP: 50216C108<br>LEI: 529900HY42OANH6BVT33 | Long             | EC               | CORP              | US        |    204905 | NS      | $3747712.45   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| Magnite Inc                               | Magnite Inc                               | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |    487806 | NS      | $7165870.14   | 1.09%             |  |  |  | No            | 1                  | On Loan: —       |
| Masterbrand Inc                           | Masterbrand Inc                           | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |    300544 | NS      | $3333032.96   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Matson Inc                                | Matson Inc                                | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |     37495 | NS      | $4086205.10   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Maximus Inc                               | Maximus Inc                               | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |     54928 | NS      | $4728751.52   | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| Mayville Engineering Co Inc               | Mayville Engineering Co Inc               | CUSIP: 578605107<br>LEI: 9845008D43E42A7FC362 | Long             | EC               | CORP              | US        |    155135 | NS      | $2635743.65   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Methanex Corp                             | Methanex Corp                             | CUSIP: 59151K108<br>LEI: 549300TSJHRXT9QXRD13 | Long             | EC               | CORP              | CA        |    108216 | NS      | $3853571.76   | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Modine Manufacturing Co                   | Modine Manufacturing Co                   | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |     27966 | NS      | $4534127.58   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Murphy USA Inc                            | Murphy USA Inc                            | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |     10721 | NS      | $4128335.47   | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| Myers Industries Inc                      | Myers Industries Inc                      | CUSIP: 628464109<br>LEI: 549300I2H9XMVTCW4Q51 | Long             | EC               | CORP              | US        |    151624 | NS      | $2738329.44   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| NCR Voyix Corp                            | NCR Voyix Corp                            | CUSIP: 62886E108<br>LEI: 549300YKTY8JX1DV2R67 | Long             | EC               | CORP              | US        |    279435 | NS      | $2825087.85   | 0.43%             |  |  |  | No            | 1                  | On Loan: —       |
| Nature's Sunshine Products Inc            | Nature's Sunshine Products Inc            | CUSIP: 639027101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    147262 | NS      | $3030651.96   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Nicolet Bankshares Inc                    | Nicolet Bankshares Inc                    | CUSIP: 65406E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34055 | NS      | $4290248.90   | 0.65%             |  |  |  | No            | 1                  | On Loan: —       |
| Northeast Bank                            | Northeast Bank                            | CUSIP: 66405S100<br>LEI: 549300F0LV9TSW34E306 | Long             | EC               | CORP              | US        |     55550 | NS      | $4937284.00   | 0.75%             |  |  |  | No            | 1                  | On Loan: No      |
| Northrim BanCorp Inc                      | Northrim BanCorp Inc                      | CUSIP: 666762109<br>LEI: 5493006X7RLLTZ3SG075 | Long             | EC               | CORP              | US        |    113347 | NS      | $2783802.32   | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| Old Second Bancorp Inc                    | Old Second Bancorp Inc                    | CUSIP: 680277100<br>LEI: 549300XVJC1MPUT81C04 | Long             | EC               | CORP              | US        |    183845 | NS      | $3465478.25   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Omnicell Inc                              | Omnicell Inc                              | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |     93569 | NS      | $3416204.19   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Oportun Financial Corp                    | Oportun Financial Corp                    | CUSIP: 68376D104<br>LEI: 549300351Y4J4FKIOR78 | Long             | EC               | CORP              | US        |    416621 | NS      | $2153930.57   | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| Oppenheimer Holdings Inc                  | Oppenheimer Holdings Inc                  | CUSIP: 683797104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47972 | NS      | $3263535.16   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Mount Vernon Liquid Assets Portfolio, LLC | Mount Vernon Liquid Assets Portfolio, LLC | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |  77033946 | NS      | $77033946.00  | 11.70%            |  |  |  | No            | N/A                | On Loan: No      |
| IBEX Holdings Ltd                         | IBEX Holdings Ltd                         | CUSIP: N/A<br>LEI: 5493000GRFLPVYU2CX17       | Long             | EC               | CORP              | US        |    191534 | NS      | $6740081.46   | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| National Energy Services Reuni            | National Energy Services Reunited Corp    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |    375096 | NS      | $5228838.24   | 0.79%             |  |  |  | No            | 1                  | On Loan: No      |
| BRT Apartments Corp                       | BRT Apartments Corp                       | CUSIP: 055645303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     86148 | NS      | $1261206.72   | 0.19%             |  |  |  | No            | 1                  | On Loan: No      |
| Bar Harbor Bankshares                     | Bar Harbor Bankshares                     | CUSIP: 066849100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    102042 | NS      | $3044933.28   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Bath & Body Works Inc                     | Bath & Body Works Inc                     | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |     81298 | NS      | $1415398.18   | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| Bel Fuse Inc                              | Bel Fuse Inc                              | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |     43685 | NS      | $6728800.55   | 1.02%             |  |  |  | No            | 1                  | On Loan: —       |
| Belden Inc                                | Belden Inc                                | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |     30821 | NS      | $3495101.40   | 0.53%             |  |  |  | No            | 1                  | On Loan: —       |
| BellRing Brands Inc                       | BellRing Brands Inc                       | CUSIP: 07831C103<br>LEI: 549300S3BOK5CMTS8054 | Long             | EC               | CORP              | US        |     93269 | NS      | $2881079.41   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Benchmark Electronics Inc                 | Benchmark Electronics Inc                 | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |    102042 | NS      | $4584747.06   | 0.70%             |  |  |  | No            | 1                  | On Loan: No      |
| BGC Group Inc                             | BGC Group Inc                             | CUSIP: 088929104<br>LEI: 2549001IGRCG4F0RLD36 | Long             | EC               | CORP              | US        |    400638 | NS      | $3485550.60   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Boyd Gaming Corp                          | Boyd Gaming Corp                          | CUSIP: 103304101<br>LEI: 254900787YGRYS2A1Z35 | Long             | EC               | CORP              | US        |     34490 | NS      | $2873017.00   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Brink's Co/The                            | Brink's Co/The                            | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |     62139 | NS      | $6980073.87   | 1.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Bristow Group Inc                         | Bristow Group Inc                         | CUSIP: 11040G103<br>LEI: 5493005Q24EN3UC1PV68 | Long             | EC               | CORP              | US        |     80988 | NS      | $3037859.88   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Build-A-Bear Workshop Inc                 | Build-A-Bear Workshop Inc                 | CUSIP: 120076104<br>LEI: 529900S9MWZC1UBF3D13 | Long             | EC               | CORP              | US        |     76636 | NS      | $4069371.60   | 0.62%             |  |  |  | No            | 1                  | On Loan: —       |
| Byline Bancorp Inc                        | Byline Bancorp Inc                        | CUSIP: 124411109<br>LEI: 549300W7ODP4YL2H4823 | Long             | EC               | CORP              | US        |    117663 | NS      | $3285150.96   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Cadence Bank                              | Cadence Bank                              | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |    101761 | NS      | $4054158.24   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Cargurus Inc                              | Cargurus Inc                              | CUSIP: 141788109<br>LEI: 54930027BKQN6B7X7G78 | Long             | EC               | CORP              | US        |    111487 | NS      | $3933261.36   | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Carriage Services Inc                     | Carriage Services Inc                     | CUSIP: 143905107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    141475 | NS      | $6125867.50   | 0.93%             |  |  |  | No            | 1                  | On Loan: No      |
| Catalyst Pharmaceuticals Inc              | Catalyst Pharmaceuticals Inc              | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               | CORP              | US        |    129877 | NS      | $3040420.57   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Cavco Industries Inc                      | Cavco Industries Inc                      | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7648 | NS      | $4555531.20   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Cirrus Logic Inc                          | Cirrus Logic Inc                          | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |     28041 | NS      | $3374453.94   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Civeo Corp                                | Civeo Corp                                | CUSIP: 17878Y207<br>LEI: 254900H0BM0N0O4MSY43 | Long             | EC               | CORP              | US        |    112855 | NS      | $2515537.95   | 0.38%             |  |  |  | No            | 1                  | On Loan: —       |
| Coca-Cola Consolidated Inc                | Coca-Cola Consolidated Inc                | CUSIP: 191098102<br>LEI: 57VG5X0E00X0QJU7CQ58 | Long             | EC               | CORP              | US        |     19990 | NS      | $3257370.50   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Columbia Banking System Inc               | Columbia Banking System Inc               | CUSIP: 197236102<br>LEI: 254900CTRJTQZ3BJ2V17 | Long             | EC               | CORP              | US        |    116882 | NS      | $3239969.04   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| First Mid Bancshares Inc                  | First Mid Bancshares Inc                  | CUSIP: 320866106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61594 | NS      | $2344267.64   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| FirstCash Holdings Inc                    | FirstCash Holdings Inc                    | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68311 | NS      | $10821145.51  | 1.64%             |  |  |  | No            | 1                  | On Loan: No      |
| Frontdoor Inc                             | Frontdoor Inc                             | CUSIP: 35905A109<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | EC               | CORP              | US        |     72384 | NS      | $3903669.12   | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| Gibraltar Industries Inc                  | Gibraltar Industries Inc                  | CUSIP: 374689107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     63267 | NS      | $3160819.32   | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| Global Indemnity Group LLC                | Global Indemnity Group LLC                | CUSIP: 37959R103<br>LEI: 549300KNR55WEKSPTK65 | Long             | EC               | CORP              | US        |    107298 | NS      | $3011854.86   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| Golub Capital BDC Inc                     | Golub Capital BDC Inc                     | CUSIP: 38173M102<br>LEI: 2549005WE0QLGK9APF78 | Long             | EC               | CORP              | US        |    201557 | NS      | $2839938.13   | 0.43%             |  |  |  | No            | 1                  | On Loan: —       |
| Grand Canyon Education Inc                | Grand Canyon Education Inc                | CUSIP: 38526M106<br>LEI: 529900XFER799IYOSW74 | Long             | EC               | CORP              | US        |     27287 | NS      | $4304251.38   | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| Granite Construction Inc                  | Granite Construction Inc                  | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |     60523 | NS      | $6508038.19   | 0.99%             |  |  |  | No            | 1                  | On Loan: —       |
| Green Brick Partners Inc                  | Green Brick Partners Inc                  | CUSIP: 392709101<br>LEI: 549300R7SCIV7FQI6T56 | Long             | EC               | CORP              | US        |     42033 | NS      | $2853200.04   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Griffon Corp                              | Griffon Corp                              | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |     59319 | NS      | $4448925.00   | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| Group 1 Automotive Inc                    | Group 1 Automotive Inc                    | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |     14251 | NS      | $5715221.04   | 0.87%             |  |  |  | No            | 1                  | On Loan: —       |
| Guardian Pharmacy Services Inc            | Guardian Pharmacy Services Inc            | CUSIP: 40145W101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    199187 | NS      | $5832195.36   | 0.89%             |  |  |  | No            | 1                  | On Loan: No      |
| Haemonetics Corp                          | Haemonetics Corp                          | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |     56180 | NS      | $4570243.00   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Halozyme Therapeutics Inc                 | Halozyme Therapeutics Inc                 | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     41007 | NS      | $2927899.80   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Hancock Whitney Corp                      | Hancock Whitney Corp                      | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |     58795 | NS      | $3562389.05   | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Pediatrix Medical Group Inc               | Pediatrix Medical Group Inc               | CUSIP: 58502B106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    263830 | NS      | $6355664.70   | 0.97%             |  |  |  | No            | 1                  | On Loan: No      |
| OSI Systems Inc                           | OSI Systems Inc                           | CUSIP: 671044105<br>LEI: DDX3MPX1Y8YD30050X33 | Long             | EC               | CORP              | US        |     11347 | NS      | $3073334.95   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Option Care Health Inc                    | Option Care Health Inc                    | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |    143073 | NS      | $4449570.30   | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| Blue Owl Capital Corp                     | Blue Owl Capital Corp                     | CUSIP: 69121K104<br>LEI: 2549000BD79OOCPF2L94 | Long             | EC               | CORP              | US        |    205125 | NS      | $2701496.25   | 0.41%             |  |  |  | No            | 1                  | On Loan: —       |
| PennyMac Mortgage Investment T            | PennyMac Mortgage Investment Trust        | CUSIP: 70931T103<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EC               | CORP              | US        |    212202 | NS      | $2724673.68   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| PennyMac Financial Services In            | PennyMac Financial Services Inc           | CUSIP: 70932M107<br>LEI: 549300W1D516HBDEU871 | Long             | EC               | CORP              | US        |     36962 | NS      | $4973976.34   | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| Photronics Inc                            | Photronics Inc                            | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |    115392 | NS      | $2643630.72   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Pinnacle Financial Partners In            | Pinnacle Financial Partners Inc           | CUSIP: 72346Q104<br>LEI: 54930098EZ8JMSAZGS24 | Long             | EC               | CORP              | US        |     28873 | NS      | $2647076.64   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| Preferred Bank/Los Angeles CA             | Preferred Bank/Los Angeles CA             | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |     78433 | NS      | $7404859.53   | 1.12%             |  |  |  | No            | 1                  | On Loan: —       |
| Steven Madden Ltd                         | Steven Madden Ltd                         | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |     89133 | NS      | $3723976.74   | 0.57%             |  |  |  | No            | 1                  | On Loan: —       |
| Red River Bancshares Inc                  | Red River Bancshares Inc                  | CUSIP: 75686R202<br>LEI: 549300SO63STZV7UHM15 | Long             | EC               | CORP              | US        |     40353 | NS      | $2826727.65   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Redwood Trust Inc                         | Redwood Trust Inc                         | CUSIP: 758075402<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EC               | CORP              | US        |    403685 | NS      | $2224304.35   | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| SLM Corp                                  | SLM Corp                                  | CUSIP: 78442P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    276524 | NS      | $8102153.20   | 1.23%             |  |  |  | No            | 1                  | On Loan: —       |
| Silvercrest Asset Management G            | Silvercrest Asset Management Group Inc    | CUSIP: 828359109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    165231 | NS      | $2280187.80   | 0.35%             |  |  |  | No            | 1                  | On Loan: No      |
| South Bow Corp                            | South Bow Corp                            | CUSIP: 83671M105<br>LEI: 2549000XS5TAFA3YF943 | Long             | EC               | CORP              | CA        |    161032 | NS      | $4438041.92   | 0.67%             |  |  |  | No            | 1                  | On Loan: No      |
| Stagwell Inc                              | Stagwell Inc                              | CUSIP: 85256A109<br>LEI: 549300KIYTU6J3NYJ009 | Long             | EC               | CORP              | US        |    527610 | NS      | $2827989.60   | 0.43%             |  |  |  | No            | 1                  | On Loan: —       |
| Sterling Infrastructure Inc               | Sterling Infrastructure Inc               | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |      9635 | NS      | $3317426.85   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| Stewart Information Services C            | Stewart Information Services Corp         | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |     73416 | NS      | $5625868.08   | 0.85%             |  |  |  | No            | 1                  | On Loan: No      |
| StoneX Group Inc                          | StoneX Group Inc                          | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |     66603 | NS      | $6034897.83   | 0.92%             |  |  |  | No            | 1                  | On Loan: No      |
| Taylor Morrison Home Corp                 | Taylor Morrison Home Corp                 | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     65410 | NS      | $4100552.90   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Sensata Technologies Holding P            | Sensata Technologies Holding PLC          | CUSIP: N/A<br>LEI: 529900MS7KFYCY9MS037       | Long             | EC               | CORP              | US        |    136041 | NS      | $4362834.87   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| ABM Industries Inc                        | ABM Industries Inc                        | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |     87957 | NS      | $3782151.00   | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| AZZ Inc                                   | AZZ Inc                                   | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |     26796 | NS      | $2824834.32   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Abercrombie & Fitch Co                    | Abercrombie & Fitch Co                    | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Long             | EC               | CORP              | US        |     61363 | NS      | $6005596.81   | 0.91%             |  |  |  | No            | 1                  | On Loan: No      |
| Academy Sports & Outdoors Inc             | Academy Sports & Outdoors Inc             | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |     98998 | NS      | $4776653.50   | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| Addus HomeCare Corp                       | Addus HomeCare Corp                       | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |     33403 | NS      | $4015040.60   | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| Adeia Inc                                 | Adeia Inc                                 | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    331346 | NS      | $4098750.02   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Adtalem Global Education Inc              | Adtalem Global Education Inc              | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |     50115 | NS      | $4638644.40   | 0.70%             |  |  |  | No            | 1                  | On Loan: No      |
| AllianceBernstein Holding LP              | AllianceBernstein Holding LP              | CUSIP: 01881G106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39115 | NS      | $1615840.65   | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| AMERISAFE Inc                             | AMERISAFE Inc                             | CUSIP: 03071H100<br>LEI: 2549002B4EXPBLGMNN22 | Long             | EC               | CORP              | US        |     46952 | NS      | $1915641.60   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| Archrock Inc                              | Archrock Inc                              | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |    142434 | NS      | $3495330.36   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| Arrow Electronics Inc                     | Arrow Electronics Inc                     | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |     36423 | NS      | $3934048.23   | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Avnet Inc                                 | Avnet Inc                                 | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |     86602 | NS      | $4114461.02   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Axcelis Technologies Inc                  | Axcelis Technologies Inc                  | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |     53663 | NS      | $4441686.51   | 0.67%             |  |  |  | No            | 1                  | On Loan: —       |
| Axos Financial Inc                        | Axos Financial Inc                        | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |     41497 | NS      | $3410223.46   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| CRA International Inc                     | CRA International Inc                     | CUSIP: 12618T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25713 | NS      | $4534230.42   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| CTO Realty Growth Inc                     | CTO Realty Growth Inc                     | CUSIP: 22948Q101<br>LEI: 254900ZQ99OFO1WXS678 | Long             | EC               | CORP              | US        |    118354 | NS      | $2139840.32   | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| DXP Enterprises Inc/TX                    | DXP Enterprises Inc/TX                    | CUSIP: 233377407<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     36642 | NS      | $3443981.58   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Daktronics Inc                            | Daktronics Inc                            | CUSIP: 234264109<br>LEI: 549300IOLZ3SG5YUJ288 | Long             | EC               | CORP              | US        |    169551 | NS      | $3209600.43   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Diamond Hill Investment Group             | Diamond Hill Investment Group Inc         | CUSIP: 25264R207<br>LEI: 549300AQ6779A0B7VZ57 | Long             | EC               | CORP              | US        |     17356 | NS      | $2048008.00   | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| Ecovyst Inc                               | Ecovyst Inc                               | CUSIP: 27923Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    383542 | NS      | $3528586.40   | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| Element Solutions Inc                     | Element Solutions Inc                     | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |    125631 | NS      | $3256355.52   | 0.49%             |  |  |  | No            | 1                  | On Loan: —       |
| Employers Holdings Inc                    | Employers Holdings Inc                    | CUSIP: 292218104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44215 | NS      | $1761967.75   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| EnerSys                                   | EnerSys                                   | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |     45010 | NS      | $6441381.10   | 0.98%             |  |  |  | No            | 1                  | On Loan: No      |
| Essential Properties Realty Tr            | Essential Properties Realty Trust Inc     | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |    104081 | NS      | $3295204.46   | 0.50%             |  |  |  | No            | 1                  | On Loan: —       |
| Euronet Worldwide Inc                     | Euronet Worldwide Inc                     | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     33570 | NS      | $2487201.30   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| EVERTEC Inc                               | EVERTEC Inc                               | CUSIP: 30040P103<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |     93450 | NS      | $2700705.00   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| EverQuote Inc                             | EverQuote Inc                             | CUSIP: 30041R108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    148774 | NS      | $3926145.86   | 0.60%             |  |  |  | No            | 1                  | On Loan: No      |
| Farmer Mac                                | Federal Agricultural Mortgage Corp        | CUSIP: 313148306<br>LEI: 549300MS654K78GYF580 | Long             | EC               | CORP              | US        |     44337 | NS      | $7615323.12   | 1.16%             |  |  |  | No            | 1                  | On Loan: No      |
| First Advantage Corp                      | First Advantage Corp                      | CUSIP: 31846B108<br>LEI: 549300RNJ0PXU8FP7D06 | Long             | EC               | CORP              | US        |    324310 | NS      | $4501422.80   | 0.68%             |  |  |  | No            | 1                  | On Loan: —       |
| First American Financial Corp             | First American Financial Corp             | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |     95215 | NS      | $6261338.40   | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| First Industrial Realty Trust             | First Industrial Realty Trust Inc         | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     61338 | NS      | $3510987.12   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| DNOW Inc                                  | DNOW Inc                                  | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |    179845 | NS      | $2510636.20   | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| PriceSmart Inc                            | PriceSmart Inc                            | CUSIP: 741511109<br>LEI: 549300JVYOSTGVSDZS46 | Long             | EC               | CORP              | US        |     38717 | NS      | $4766062.70   | 0.72%             |  |  |  | No            | 1                  | On Loan: —       |
| Primoris Services Corp                    | Primoris Services Corp                    | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |     80662 | NS      | $10208582.72  | 1.55%             |  |  |  | No            | 1                  | On Loan: No      |
| Pure Cycle Corp                           | Pure Cycle Corp                           | CUSIP: 746228303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    156370 | NS      | $1779490.60   | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| Qorvo Inc                                 | Qorvo Inc                                 | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |     30991 | NS      | $2661816.99   | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| WSFS Financial Corp                       | WSFS Financial Corp                       | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |     58500 | NS      | $3264885.00   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| WEX Inc                                   | WEX Inc                                   | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |     21215 | NS      | $3147457.40   | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| Wolverine World Wide Inc                  | Wolverine World Wide Inc                  | CUSIP: 978097103<br>LEI: 549300OVC7PK14LQ8D87 | Long             | EC               | CORP              | US        |    119774 | NS      | $1941536.54   | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| World Kinect Corp                         | World Kinect Corp                         | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |    188822 | NS      | $4376893.96   | 0.66%             |  |  |  | No            | 1                  | On Loan: No      |
| Wyndham Hotels & Resorts Inc              | Wyndham Hotels & Resorts Inc              | CUSIP: 98311A105<br>LEI: 549300FE3MQ4RVXXC673 | Long             | EC               | CORP              | US        |     36633 | NS      | $2681535.60   | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| Yext Inc                                  | Yext Inc                                  | CUSIP: 98585N106<br>LEI: 5299008ZQSBBVH7K0589 | Long             | EC               | CORP              | US        |    352852 | NS      | $2971013.84   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Assured Guaranty Ltd                      | Assured Guaranty Ltd                      | CUSIP: N/A<br>LEI: 549300BBOQUJEPH87M14       | Long             | EC               | CORP              | BM        |     85678 | NS      | $7757286.12   | 1.18%             |  |  |  | No            | 1                  | On Loan: No      |
| Axis Capital Holdings Ltd                 | Axis Capital Holdings Ltd                 | CUSIP: N/A<br>LEI: 635400VD2NQBYAHMEM55       | Long             | EC               | CORP              | BM        |     51228 | NS      | $5237550.72   | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| Essent Group Ltd                          | Essent Group Ltd                          | CUSIP: N/A<br>LEI: 254900QUO860OUT6ZF83       | Long             | EC               | CORP              | BM        |     56128 | NS      | $3522593.28   | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| White Mountains Insurance Grou            | White Mountains Insurance Group Ltd       | CUSIP: N/A<br>LEI: 549300N3FL068JERBG02       | Long             | EC               | CORP              | US        |      2687 | NS      | $5439159.75   | 0.83%             |  |  |  | No            | 1                  | On Loan: No      |
| Ingredion Inc                             | Ingredion Inc                             | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |     45236 | NS      | $4864679.44   | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| Installed Building Products In            | Installed Building Products Inc           | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |      7798 | NS      | $2090019.96   | 0.32%             |  |  |  | No            | 1                  | On Loan: —       |
| InterDigital Inc                          | InterDigital Inc                          | CUSIP: 45867G101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17432 | NS      | $6236298.00   | 0.95%             |  |  |  | No            | 1                  | On Loan: —       |
| James River Group Holdings Inc            | James River Group Holdings Inc            | CUSIP: 46990A102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    580348 | NS      | $3418249.72   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Janus International Group Inc             | Janus International Group Inc             | CUSIP: 47103N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    397301 | NS      | $2467239.21   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| KBR Inc                                   | KBR Inc                                   | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |     81869 | NS      | $3374640.18   | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| Karat Packaging Inc                       | Karat Packaging Inc                       | CUSIP: 48563L101<br>LEI: 549300JYUKCQP3P8D632 | Long             | EC               | CORP              | US        |    111561 | NS      | $2458804.44   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| Kelly Services Inc                        | Kelly Services Inc                        | CUSIP: 488152208<br>LEI: 25490035B2ZPL6RM1974 | Long             | EC               | CORP              | US        |    229120 | NS      | $1979596.80   | 0.30%             |  |  |  | No            | 1                  | On Loan: No      |
| Knife River Corp                          | Knife River Corp                          | CUSIP: 498894104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42750 | NS      | $3199410.00   | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| Kontoor Brands Inc                        | Kontoor Brands Inc                        | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |     67636 | NS      | $5028736.60   | 0.76%             |  |  |  | No            | 1                  | On Loan: —       |
| Korn Ferry                                | Korn Ferry                                | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     46249 | NS      | $3041796.73   | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| LCI Industries                            | LCI Industries                            | CUSIP: 50189K103<br>LEI: 549300E1B98YNJ1WIQ04 | Long             | EC               | CORP              | US        |     35337 | NS      | $4016756.79   | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| Landstar System Inc                       | Landstar System Inc                       | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |     22425 | NS      | $2934087.00   | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| Laureate Education Inc                    | Laureate Education Inc                    | CUSIP: 518613203<br>LEI: 5JL7TMOH5TY3IUYSUP91 | Long             | EC               | CORP              | US        |    268613 | NS      | $8300141.70   | 1.26%             |  |  |  | No            | 1                  | On Loan: No      |
| Lear Corp                                 | Lear Corp                                 | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |     32133 | NS      | $3449798.88   | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| Legalzoom.com Inc                         | Legalzoom.com Inc                         | CUSIP: 52466B103<br>LEI: 5493000L8EBF74Y9JZ48 | Long             | EC               | CORP              | US        |    332508 | NS      | $3102299.64   | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| Legacy Housing Corp                       | Legacy Housing Corp                       | CUSIP: 52472M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15111 | NS      | $301162.23    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Littelfuse Inc                            | Littelfuse Inc                            | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |      9516 | NS      | $2436286.32   | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| LiveRamp Holdings Inc                     | LiveRamp Holdings Inc                     | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |    157591 | NS      | $4546500.35   | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| Viper Energy Inc                          | Viper Energy Inc                          | CUSIP: 64361Q101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    132787 | NS      | $4850709.11   | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| Tidewater Inc                             | Tidewater Inc                             | CUSIP: 88642R109<br>LEI: 2549000JA5GRUPLMUH98 | Long             | EC               | CORP              | US        |     65735 | NS      | $3551004.70   | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| U.S. Bank Money Market Deposit Account    | U.S. Bank Money Market Deposit Account    | CUSIP: 8AMMF0A92<br>LEI: N/A                  | Long             | STIV             | RF                | US        |   6744701 | NS      | $6744701.35   | 1.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Universal Technical Institute             | Universal Technical Institute Inc         | CUSIP: 913915104<br>LEI: 2549003YOJGAZ0PVFV48 | Long             | EC               | CORP              | US        |    101723 | NS      | $2341663.46   | 0.36%             |  |  |  | No            | 1                  | On Loan: No      |
| Upwork Inc                                | Upwork Inc                                | CUSIP: 91688F104<br>LEI: 5493004QJ6WWBXVE2S70 | Long             | EC               | CORP              | US        |    285573 | NS      | $5637211.02   | 0.86%             |  |  |  | No            | 1                  | On Loan: —       |
| Urban Outfitters Inc                      | Urban Outfitters Inc                      | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |     55527 | NS      | $4112884.89   | 0.62%             |  |  |  | No            | 1                  | On Loan: —       |
| Valvoline Inc                             | Valvoline Inc                             | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |     93506 | NS      | $2927672.86   | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| Visteon Corp                              | Visteon Corp                              | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |     27656 | NS      | $2855482.00   | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| Voya Financial Inc                        | Voya Financial Inc                        | CUSIP: 929089100<br>LEI: 549300T065Z4KJ686G75 | Long             | EC               | CORP              | US        |     66121 | NS      | $4648306.30   | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| Tri-State Deposit                         | Tri-State Deposit                         | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | CORP              | US        |  15859462 | PA      | $15859462.24  | 2.41%             | 2050-01-01      | Variable      | 4.20%                 | No            | 2                  | On Loan: No      |
| Weatherford International PLC             | Weatherford International PLC             | CUSIP: N/A<br>LEI: 529900LPBDSCQDJKHQ39       | Long             | EC               | CORP              | US        |     43913 | NS      | $3284692.40   | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2026-01-26

**Name of Applicant:** RBB Fund, Inc.

**Signature:** /s/ James G. Shaw

**Name of Signer:** RBB Fund, Inc.

**Title:** CFO COO Secretary