# EDGAR Filing Document

**Accession Number:** 0001006387
**File Stem:** 0001752724-25-189555
**Filing Date:** 2025-8
**Character Count:** 56086
**Document Hash:** daf97d7b7d22717d3090268586b4683b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-189555.hdr.sgml**: 20250815

**ACCESSION NUMBER**: 0001752724-25-189555

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250815

**DATE AS OF CHANGE**: 20250815

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ROYCE CAPITAL FUND
- **CENTRAL INDEX KEY:** 0001006387

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07537
- **FILM NUMBER:** 251223206

**BUSINESS ADDRESS:**
- **STREET 1:** ONE MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010
- **BUSINESS PHONE:** 2125084599

**MAIL ADDRESS:**
- **STREET 1:** ONE MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010

## Series and Classes Contracts Data

### Royce Capital Fund - Micro-Cap Portfolio (Series ID: S000009496)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000025976 | Investment Class | RCMCX           |
| C000033015 | Service Class    | RCMSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ROYCE CAPITAL FUND

- **b. Investment Company Act file number:** 811-07537

- **c. CIK number of Registrant:** 0001006387

- **d. LEI of Registrant:** 254900HPH7VXNTMGMC75

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

  - **Street Address 1:** ONE MADISON AVENUE

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

  - **Telephone number:** 212-508-4500

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

- **a. Name of Series:** Royce Capital Fund - Micro-Cap Portfolio

- **b. EDGAR series identifier (if any):** S000009496

- **c. LEI of Series:** 254900GH9Y64MCQGF592

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**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:** $127856844.30

**Total Liabilities:** $2451072.36

**Net Assets:** $125405771.94

**Cash Not Reported:** $14162.70

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000033015 | -2.50%               | 8.85%                | 8.60%                |
| Class ID C000025976 | -2.41%               | 8.78%                | 8.64%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-329409.26              | $-2119255.43                               |
| Month 2  | $1264901.73              | $8227693.11                                |
| Month 3  | $1466208.30              | $8427592.75                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| 5N Plus Inc                                  | 5N Plus Inc                                  | CUSIP: 33833X101<br>LEI: 5493005GU1NFX4YB2S73 | Long             | EC               | CORP              | CA        |     63162 | NS      | $414663.69    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Astronics Corp                               | Astronics Corp                               | CUSIP: 046433108<br>LEI: 549300NNXCF8H4MSMK17 | Long             | EC               | CORP              | US        |     35455 | NS      | $1187033.40   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Camtek Ltd/Israel                            | Camtek Ltd/Israel                            | CUSIP: 000000000<br>LEI: 5493000H80W07HCKGS43 | Long             | EC               | CORP              | IL        |      9516 | NS      | $804672.96    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| OneWater Marine Inc                          | OneWater Marine Inc                          | CUSIP: 68280L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45684 | NS      | $611708.76    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Absci Corp                                   | Absci Corp                                   | CUSIP: 00091E109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    183874 | NS      | $472556.18    | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Nova Ltd                                     | Nova Ltd                                     | CUSIP: 000000000<br>LEI: 529900B2DSWE5V3SC292 | Long             | EC               | CORP              | IL        |      4942 | NS      | $1360038.40   | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Stoneridge Inc                               | Stoneridge Inc                               | CUSIP: 86183P102<br>LEI: PNBCIH9LE7WI83VJIF08 | Long             | EC               | CORP              | US        |     77970 | NS      | $548908.80    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Kforce Inc                                   | Kforce Inc                                   | CUSIP: 493732101<br>LEI: 5493003RDQQDVXY2SK46 | Long             | EC               | CORP              | US        |     16309 | NS      | $670789.17    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Vera Bradley Inc                             | Vera Bradley Inc                             | CUSIP: 92335C106<br>LEI: 52990005Q6LEJKXO7M51 | Long             | EC               | CORP              | US        |    129752 | NS      | $286751.92    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Esquire Financial Holdings Inc               | Esquire Financial Holdings Inc               | CUSIP: 29667J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4072 | NS      | $385455.52    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Western New England Bancorp Inc              | Western New England Bancorp Inc              | CUSIP: 958892101<br>LEI: 549300Y8QE4EI2LP6B42 | Long             | EC               | CORP              | US        |    122907 | NS      | $1134431.61   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| AMN Healthcare Services Inc                  | AMN Healthcare Services Inc                  | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |     42590 | NS      | $880335.30    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus International Group Inc                | Janus International Group Inc                | CUSIP: 47103N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68591 | NS      | $558330.74    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Simulations Plus Inc                         | Simulations Plus Inc                         | CUSIP: 829214105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     34298 | NS      | $598500.10    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Inogen Inc                                   | Inogen Inc                                   | CUSIP: 45780L104<br>LEI: 549300J8WJIVTOJ8IH97 | Long             | EC               | CORP              | US        |     64697 | NS      | $454819.91    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp                                     | VSE Corp                                     | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |      6522 | NS      | $854251.56    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferroglobe PLC                               | Ferroglobe PLC                               | CUSIP: 000000000<br>LEI: 2138005GCFJACFTZUD90 | Long             | EC               | CORP              | GB        |    179984 | NS      | $660541.28    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| BioLife Solutions Inc                        | BioLife Solutions Inc                        | CUSIP: 09062W204<br>LEI: 549300G2IVCMC2TJDW72 | Long             | EC               | CORP              | US        |     44866 | NS      | $966413.64    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Northeast Bank                               | Northeast Bank                               | CUSIP: 66405S100<br>LEI: 549300F0LV9TSW34E306 | Long             | EC               | CORP              | US        |      9451 | NS      | $841044.49    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Luxfer Holdings PLC                          | Luxfer Holdings PLC                          | CUSIP: 000000000<br>LEI: 21380045UF5SJYZOXE41 | Long             | EC               | CORP              | GB        |     89357 | NS      | $1088368.26   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| IES Holdings Inc                             | IES Holdings Inc                             | CUSIP: 44951W106<br>LEI: 549300687T8E6LN6EN72 | Long             | EC               | CORP              | US        |      4351 | NS      | $1288896.73   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Pason Systems Inc                            | Pason Systems Inc                            | CUSIP: 702925108<br>LEI: 984500DC6T2FLR969F65 | Long             | EC               | CORP              | CA        |     76552 | NS      | $690331.24    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp Inc                        | Customers Bancorp Inc                        | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |     19372 | NS      | $1137911.28   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Hammond Power Solutions Inc                  | Hammond Power Solutions Inc                  | CUSIP: 408549103<br>LEI: 549300OLI26OOKEG5V73 | Long             | EC               | CORP              | CA        |      4386 | NS      | $403991.91    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Climb Global Solutions Inc                   | Climb Global Solutions Inc                   | CUSIP: 946760105<br>LEI: 549300LKM16VX2FG7J68 | Long             | EC               | CORP              | US        |      7506 | NS      | $802466.46    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmonic Inc                                 | Harmonic Inc                                 | CUSIP: 413160102<br>LEI: 549300LRGRD8XC9BTL66 | Long             | EC               | CORP              | US        |     78873 | NS      | $746927.31    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Powerfleet Inc NJ                            | Powerfleet Inc NJ                            | CUSIP: 73931J109<br>LEI: 2549007NKEFPYEH4MF81 | Long             | EC               | CORP              | US        |    210754 | NS      | $908349.74    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| American Superconductor Corp                 | American Superconductor Corp                 | CUSIP: 030111207<br>LEI: 549300S9YT8Z8LOK4452 | Long             | EC               | CORP              | US        |     43577 | NS      | $1598840.13   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Chain Bridge Bancorp Inc                     | Chain Bridge Bancorp Inc                     | CUSIP: 15746L100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13308 | NS      | $342947.16    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Hingham Institution For Savings The          | Hingham Institution For Savings The          | CUSIP: 433323102<br>LEI: 2549009GDCGUR2T6KU55 | Long             | EC               | CORP              | US        |      1938 | NS      | $481302.30    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Mesa Laboratories Inc                        | Mesa Laboratories Inc                        | CUSIP: 59064R109<br>LEI: 549300ZCG738WLX8ZW79 | Long             | EC               | CORP              | US        |      7517 | NS      | $708251.74    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Silvercrest Asset Management Group Inc       | Silvercrest Asset Management Group Inc       | CUSIP: 828359109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68786 | NS      | $1090945.96   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Resources Connection Inc                     | Resources Connection Inc                     | CUSIP: 76122Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     91095 | NS      | $489180.15    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Harrow Inc                                   | Harrow Inc                                   | CUSIP: 415858109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29460 | NS      | $899708.40    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Asure Software Inc                           | Asure Software Inc                           | CUSIP: 04649U102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37971 | NS      | $370596.96    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Porvair PLC                                  | Porvair PLC                                  | CUSIP: 000000000<br>LEI: 213800ECKHS8LAQO3C45 | Long             | EC               | CORP              | GB        |     74425 | NS      | $737591.25    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| American Outdoor Brands Inc                  | American Outdoor Brands Inc                  | CUSIP: 02875D109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    106650 | NS      | $1114492.50   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohu Inc                                     | Cohu Inc                                     | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |     44588 | NS      | $857873.12    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Legacy Education Inc                         | Legacy Education Inc                         | CUSIP: 52474R207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    117111 | NS      | $1309300.98   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Travere Therapeutics Inc                     | Travere Therapeutics Inc                     | CUSIP: 89422G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19589 | NS      | $289917.20    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| QuinStreet Inc                               | QuinStreet Inc                               | CUSIP: 74874Q100<br>LEI: 549300TP8MFBFPOS4Y78 | Long             | EC               | CORP              | US        |     61742 | NS      | $994046.20    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearfield Inc                               | Clearfield Inc                               | CUSIP: 18482P103<br>LEI: 529900M4S2OQ1ADPR537 | Long             | EC               | CORP              | US        |     31652 | NS      | $1374013.32   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Investar Holding Corp                        | Investar Holding Corp                        | CUSIP: 46134L105<br>LEI: 54930001EK2YM28LOJ08 | Long             | EC               | CORP              | US        |     64072 | NS      | $1237871.04   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co                      | Modine Manufacturing Co                      | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |      7161 | NS      | $705358.50    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| LightPath Technologies Inc                   | LightPath Technologies Inc                   | CUSIP: 532257805<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    351068 | NS      | $1081289.44   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabash National Corp                         | Wabash National Corp                         | CUSIP: 929566107<br>LEI: 5299004ZAWHQZI5XO485 | Long             | EC               | CORP              | US        |     59800 | NS      | $635674.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group Inc                             | StoneX Group Inc                             | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |      8658 | NS      | $789090.12    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindsay Corp                                 | Lindsay Corp                                 | CUSIP: 535555106<br>LEI: 549300ZFO0QG5H8TPI61 | Long             | EC               | CORP              | US        |      5739 | NS      | $827850.75    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| inTEST Corp                                  | inTEST Corp                                  | CUSIP: 461147100<br>LEI: 549300RJJBPHDOAVDU15 | Long             | EC               | CORP              | US        |     96179 | NS      | $700183.12    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Radiant Logistics Inc                        | Radiant Logistics Inc                        | CUSIP: 75025X100<br>LEI: 549300HWCW2HBOG4GN20 | Long             | EC               | CORP              | US        |     69378 | NS      | $421818.24    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoe Carnival Inc                            | Shoe Carnival Inc                            | CUSIP: 824889109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26549 | NS      | $496731.79    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Ranger Energy Services Inc                   | Ranger Energy Services Inc                   | CUSIP: 75282U104<br>LEI: 549300J7RIVGVAN0RE23 | Long             | EC               | CORP              | US        |     56855 | NS      | $678848.70    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Hovnanian Enterprises Inc                    | Hovnanian Enterprises Inc                    | CUSIP: 442487401<br>LEI: 549300805N4EF0ROBT53 | Long             | EC               | CORP              | US        |      5785 | NS      | $604821.75    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| PROS Holdings Inc                            | PROS Holdings Inc                            | CUSIP: 74346Y103<br>LEI: 549300LPE1KNL5RWKQ48 | Long             | EC               | CORP              | US        |     39591 | NS      | $619995.06    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| DHI Group Inc                                | DHI Group Inc                                | CUSIP: 23331S100<br>LEI: 529900489RAC0CU0AO81 | Long             | EC               | CORP              | US        |    145614 | NS      | $432473.58    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Distribution Solutions Group Inc             | Distribution Solutions Group Inc             | CUSIP: 520776105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38836 | NS      | $1066824.92   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Shyft Group Inc/The                          | Shyft Group Inc/The                          | CUSIP: 825698103<br>LEI: 549300YY0TB51BGRV994 | Long             | EC               | CORP              | US        |     81905 | NS      | $1027088.70   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| First Foundation Inc                         | First Foundation Inc                         | CUSIP: 32026V104<br>LEI: 254900TQZQ6LBCK77E82 | Long             | EC               | CORP              | US        |     63020 | NS      | $321402.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| EZCORP Inc                                   | EZCORP Inc                                   | CUSIP: 302301106<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | EC               | CORP              | US        |     70093 | NS      | $972890.84    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Concrete Pumping Holdings Inc                | Concrete Pumping Holdings Inc                | CUSIP: 206704108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    116501 | NS      | $716481.15    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| International General Insurance Holdings Ltd | International General Insurance Holdings Ltd | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |     47970 | NS      | $1152239.40   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| NVE Corp                                     | NVE Corp                                     | CUSIP: 629445206<br>LEI: 5299003C1ATTWX8X0112 | Long             | EC               | CORP              | US        |     13872 | NS      | $1021117.92   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| ORIC Pharmaceuticals Inc                     | ORIC Pharmaceuticals Inc                     | CUSIP: 68622P109<br>LEI: 54930033FJRNEYBW0L25 | Long             | EC               | CORP              | US        |     13196 | NS      | $133939.40    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AstroNova Inc                                | AstroNova Inc                                | CUSIP: 04638F108<br>LEI: 549300D8PFP62QX00223 | Long             | EC               | CORP              | US        |     68596 | NS      | $795027.64    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcus & Millichap Inc                       | Marcus & Millichap Inc                       | CUSIP: 566324109<br>LEI: 549300B2HE8ULXNB1N48 | Long             | EC               | CORP              | US        |     18505 | NS      | $568288.55    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Establishment Labs Holdings Inc              | Establishment Labs Holdings Inc              | CUSIP: 000000000<br>LEI: 549300BCBQ714JNJ7V58 | Long             | EC               | CORP              | VG        |     31084 | NS      | $1327597.64   | 1.06%             |  |  |  | No            |                  1 | On Loan: —       |
| Alpha & Omega Semiconductor Ltd              | Alpha & Omega Semiconductor Ltd              | CUSIP: 000000000<br>LEI: 5493001FE7J03YOV2V35 | Long             | EC               | CORP              | BM        |     16936 | NS      | $434577.76    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| RealReal Inc/The                             | RealReal Inc/The                             | CUSIP: 88339P101<br>LEI: 549300O00VUGT4H1PE90 | Long             | EC               | CORP              | US        |     92102 | NS      | $441168.58    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Denny's Corp                                 | Denny's Corp                                 | CUSIP: 24869P104<br>LEI: 54930037V56XOULXM917 | Long             | EC               | CORP              | US        |     70493 | NS      | $289021.30    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| TrueBlue Inc                                 | TrueBlue Inc                                 | CUSIP: 89785X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     85087 | NS      | $551363.76    | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultra Clean Holdings Inc                     | Ultra Clean Holdings Inc                     | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |     36439 | NS      | $822428.23    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytek Biosciences Inc                        | Cytek Biosciences Inc                        | CUSIP: 23285D109<br>LEI: 549300K2J28BOC6FBO89 | Long             | EC               | CORP              | US        |    168863 | NS      | $574134.20    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Profound Medical Corp                        | Profound Medical Corp                        | CUSIP: 74319B502<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    100368 | NS      | $597011.79    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| IMAX Corp                                    | IMAX Corp                                    | CUSIP: 45245E109<br>LEI: 5493002KS2T1Q0X7VZ21 | Long             | EC               | CORP              | CA        |     43564 | NS      | $1218049.44   | 0.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Educational Services Corp            | Lincoln Educational Services Corp            | CUSIP: 533535100<br>LEI: 549300BJ55KUY6RG7L98 | Long             | EC               | CORP              | US        |     61273 | NS      | $1412342.65   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EVI Industries Inc                           | EVI Industries Inc                           | CUSIP: 26929N102<br>LEI: 549300RU296J63VW0297 | Long             | EC               | CORP              | US        |     26432 | NS      | $577010.56    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan International Inc                      | Titan International Inc                      | CUSIP: 88830M102<br>LEI: 254900CXRGBE7C4B5A06 | Long             | EC               | CORP              | US        |     58270 | NS      | $598432.90    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Optoelectronics Inc                  | Applied Optoelectronics Inc                  | CUSIP: 03823U102<br>LEI: 529900I8U6Q5SYDNLT48 | Long             | EC               | CORP              | US        |     42762 | NS      | $1098555.78   | 0.88%             |  |  |  | No            |                  1 | On Loan: —       |
| Luna Innovations Inc                         | Luna Innovations Inc                         | CUSIP: 550351100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    197181 | NS      | $174505.19    | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| Park Aerospace Corp                          | Park Aerospace Corp                          | CUSIP: 70014A104<br>LEI: 5299004AG0G7IB636095 | Long             | EC               | CORP              | US        |     68039 | NS      | $1004936.03   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Midway Investments Ltd                       | MIDWAY INVESTMENTS LTD                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |   1751577 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Magnite Inc                                  | Magnite Inc                                  | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |     71702 | NS      | $1729452.24   | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| TTEC Holdings Inc                            | TTEC Holdings Inc                            | CUSIP: 89854H102<br>LEI: GTJS1N8S8I28A7L4WG97 | Long             | EC               | CORP              | US        |     22763 | NS      | $109490.03    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Thryv Holdings Inc                           | Thryv Holdings Inc                           | CUSIP: 886029206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23758 | NS      | $288897.28    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| NPK International Inc                        | NPK International Inc                        | CUSIP: 651718504<br>LEI: 54930073OHWDQW4DJN26 | Long             | EC               | CORP              | US        |    164619 | NS      | $1400907.69   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Water Solutions Inc                   | Select Water Solutions Inc                   | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |     46674 | NS      | $403263.36    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Acme United Corp                             | Acme United Corp                             | CUSIP: 004816104<br>LEI: 549300NVT8NN13WP8M83 | Long             | EC               | CORP              | US        |     30301 | NS      | $1255976.45   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Lakeland Industries Inc                      | Lakeland Industries Inc                      | CUSIP: 511795106<br>LEI: 549300HGP70IM9WKU164 | Long             | EC               | CORP              | US        |     37026 | NS      | $503923.86    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Kopin Corp                                   | Kopin Corp                                   | CUSIP: 500600101<br>LEI: 52990031GUBB61RXCD89 | Long             | EC               | CORP              | US        |    631183 | NS      | $965709.99    | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| LGI Homes Inc                                | LGI Homes Inc                                | CUSIP: 50187T106<br>LEI: 549300W02B4WNV8CV109 | Long             | EC               | CORP              | US        |      6459 | NS      | $332767.68    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ADTRAN Holdings Inc                          | ADTRAN Holdings Inc                          | CUSIP: 00486H105<br>LEI: 549300VV36J86CRRWF77 | Long             | EC               | CORP              | US        |     96108 | NS      | $862088.76    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| SandRidge Energy Inc                         | SandRidge Energy Inc                         | CUSIP: 80007P869<br>LEI: W1MKPVGS6I5155L7VV67 | Long             | EC               | CORP              | US        |     43872 | NS      | $474695.04    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Ribbon Communications Inc                    | Ribbon Communications Inc                    | CUSIP: 762544104<br>LEI: 549300L1E8Z8RL7CUL52 | Long             | EC               | CORP              | US        |     92048 | NS      | $369112.48    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CPI Aerostructures Inc                       | CPI Aerostructures Inc                       | CUSIP: 125919308<br>LEI: 549300C471OFZGCOHS09 | Long             | EC               | CORP              | US        |    138579 | NS      | $485026.50    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan Machinery Inc                          | Titan Machinery Inc                          | CUSIP: 88830R101<br>LEI: 549300835ZM8G0BT5C94 | Long             | EC               | CORP              | US        |     31324 | NS      | $620528.44    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Corp                                  | Graham Corp                                  | CUSIP: 384556106<br>LEI: 254900EI9P4LTY524J77 | Long             | EC               | CORP              | US        |     31154 | NS      | $1542434.54   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Major Drilling Group International Inc       | Major Drilling Group International Inc       | CUSIP: 560909103<br>LEI: 549300O1MNHCX2FUBC21 | Long             | EC               | CORP              | CA        |    181672 | NS      | $1182018.67   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Covenant Logistics Group Inc                 | Covenant Logistics Group Inc                 | CUSIP: 22284P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37546 | NS      | $905234.06    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindblad Expeditions Holdings Inc            | Lindblad Expeditions Holdings Inc            | CUSIP: 535219109<br>LEI: 549300GSPW24GZE6R597 | Long             | EC               | CORP              | US        |    107057 | NS      | $1249355.19   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Molding Technologies Inc                | Core Molding Technologies Inc                | CUSIP: 218683100<br>LEI: 549300ZY2MFRXCKVIJ28 | Long             | EC               | CORP              | US        |     33860 | NS      | $561737.40    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Bel Fuse Inc                                 | Bel Fuse Inc                                 | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |     16876 | NS      | $1648616.44   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| FRP Holdings Inc                             | FRP Holdings Inc                             | CUSIP: 30292L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23298 | NS      | $626483.22    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CECO Environmental Corp                      | CECO Environmental Corp                      | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |     50104 | NS      | $1418444.24   | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Richardson Electronics Ltd/United States     | Richardson Electronics Ltd/United States     | CUSIP: 763165107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     94037 | NS      | $907457.05    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| CareDx Inc                                   | CareDx Inc                                   | CUSIP: 14167L103<br>LEI: 549300NQOFKL9NON0U06 | Long             | EC               | CORP              | US        |     52351 | NS      | $1022938.54   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Perella Weinberg Partners                    | Perella Weinberg Partners                    | CUSIP: 71367G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12295 | NS      | $238768.90    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Natural Gas Services Group Inc               | Natural Gas Services Group Inc               | CUSIP: 63886Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57098 | NS      | $1473699.38   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| HBT Financial Inc                            | HBT Financial Inc                            | CUSIP: 404111106<br>LEI: 549300NTXD4Q6UK5BY66 | Long             | EC               | CORP              | US        |     54321 | NS      | $1369432.41   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Stellar Bancorp Inc                          | Stellar Bancorp Inc                          | CUSIP: 858927106<br>LEI: 54930070P8Z0WHFBB536 | Long             | EC               | CORP              | US        |     41845 | NS      | $1170823.10   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Photronics Inc                               | Photronics Inc                               | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |     10500 | NS      | $197715.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Citi Trends Inc                              | Citi Trends Inc                              | CUSIP: 17306X102<br>LEI: 529900D06Q0FPHV34S87 | Long             | EC               | CORP              | US        |     38587 | NS      | $1288419.93   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Apyx Medical Corp                            | Apyx Medical Corp                            | CUSIP: 03837C106<br>LEI: 5299009QZVYUYO082S45 | Long             | EC               | CORP              | US        |    260373 | NS      | $585839.25    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Altius Minerals Corp                         | Altius Minerals Corp                         | CUSIP: 020936100<br>LEI: 54930083UJGDUCMJMU61 | Long             | EC               | CORP              | CA        |     46639 | NS      | $937746.15    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Casinos Inc                          | Century Casinos Inc                          | CUSIP: 156492100<br>LEI: 549300H2L4Y24HXY7M50 | Long             | EC               | CORP              | US        |    178185 | NS      | $376861.28    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| nLight Inc                                   | nLight Inc                                   | CUSIP: 65487K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     67323 | NS      | $1324916.64   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Transcat Inc                                 | Transcat Inc                                 | CUSIP: 893529107<br>LEI: 54930081E40TSSHUOS40 | Long             | EC               | CORP              | US        |     13091 | NS      | $1125302.36   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Arlo Technologies Inc                        | Arlo Technologies Inc                        | CUSIP: 04206A101<br>LEI: 549300T4EUX2OQ75HV52 | Long             | EC               | CORP              | US        |     60831 | NS      | $1031693.76   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichor Holdings Ltd                           | Ichor Holdings Ltd                           | CUSIP: 000000000<br>LEI: 529900PS8R2JVLJ2H892 | Long             | EC               | CORP              | KY        |     66278 | NS      | $1301699.92   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Selectquote Inc                              | Selectquote Inc                              | CUSIP: 816307300<br>LEI: 549300BV28BWDIN9SP24 | Long             | EC               | CORP              | US        |     48137 | NS      | $114566.06    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Fixed Income Clearing Corp                   | FIXED INC CLEARING CORP.REPO                 | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |   2874683 | PA      | $2874682.86   | 2.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Alta Equipment Group Inc                     | Alta Equipment Group Inc                     | CUSIP: 02128L106<br>LEI: 549300DGOB28CLGS1X27 | Long             | EC               | CORP              | US        |     64822 | NS      | $409675.04    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Seneca Foods Corp                            | Seneca Foods Corp                            | CUSIP: 817070501<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12260 | NS      | $1243531.80   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Montrose Environmental Group Inc             | Montrose Environmental Group Inc             | CUSIP: 615111101<br>LEI: 254900ASI8K3LUB8Q958 | Long             | EC               | CORP              | US        |     52411 | NS      | $1147276.79   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Financial Corp/WA                    | Coastal Financial Corp/WA                    | CUSIP: 19046P209<br>LEI: 549300XG5L36T6IU0B47 | Long             | EC               | CORP              | US        |      8564 | NS      | $829594.68    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Beyond Inc                                   | Beyond Inc                                   | CUSIP: 690370101<br>LEI: 549300ACR0DL9U7EI710 | Long             | EC               | CORP              | US        |     91811 | NS      | $631659.68    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Government Obligations Fund        | Federated Government Obligations Fund        | CUSIP: 60934N807<br>LEI: 254900VAJ9169N7JRF45 | Long             | STIV             | RF                | US        |   2283316 | NS      | $2283315.50   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Precision Group Inc                   | Vishay Precision Group Inc                   | CUSIP: 92835K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35912 | NS      | $1009127.20   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterCraft Boat Holdings Inc                | MasterCraft Boat Holdings Inc                | CUSIP: 57637H103<br>LEI: 549300IXWX41555YJ117 | Long             | EC               | CORP              | US        |     36148 | NS      | $671629.84    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard BioTools Inc                        | Standard BioTools Inc                        | CUSIP: 34385P108<br>LEI: 549300GX8Y96GSB6YP89 | Long             | EC               | CORP              | US        |    254479 | NS      | $305374.80    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Aehr Test Systems                            | Aehr Test Systems                            | CUSIP: 00760J108<br>LEI: 529900A4GWWZFRU2RE97 | Long             | EC               | CORP              | US        |     34283 | NS      | $443279.19    | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Clarkson PLC                                 | Clarkson PLC                                 | CUSIP: 000000000<br>LEI: 2138007G6BGTEHI3OT22 | Long             | EC               | CORP              | GB        |     19622 | NS      | $879399.41    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameresco Inc                                 | Ameresco Inc                                 | CUSIP: 02361E108<br>LEI: 529900NZXZGBCBXYY327 | Long             | EC               | CORP              | US        |     41942 | NS      | $637098.98    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanex Building Products Corp                | Quanex Building Products Corp                | CUSIP: 747619104<br>LEI: 5493000TL30VL5WOAW87 | Long             | EC               | CORP              | US        |     46848 | NS      | $885427.20    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Liquidity Services Inc                       | Liquidity Services Inc                       | CUSIP: 53635B107<br>LEI: 5299002AZ4ULSAXN0G81 | Long             | EC               | CORP              | US        |     39787 | NS      | $938575.33    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc                       | Digi International Inc                       | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |     42127 | NS      | $1468547.22   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NWPX Infrastructure Inc                      | NWPX Infrastructure Inc                      | CUSIP: 667746101<br>LEI: 54930056VW2CRCZ9RE54 | Long             | EC               | CORP              | US        |     30042 | NS      | $1232022.42   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Cass Information Systems Inc                 | Cass Information Systems Inc                 | CUSIP: 14808P109<br>LEI: 549300G7XPIPR7SJ2F38 | Long             | EC               | CORP              | US        |     20294 | NS      | $881774.30    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Vimeo Inc                                    | Vimeo Inc                                    | CUSIP: 92719V100<br>LEI: 25490061AWYWC90UIJ68 | Long             | EC               | CORP              | US        |    156879 | NS      | $633791.16    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Redwire Corp                                 | Redwire Corp                                 | CUSIP: 75776W103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10476 | NS      | $170758.80    | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| HomeTrust Bancshares Inc                     | HomeTrust Bancshares Inc                     | CUSIP: 437872104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     33303 | NS      | $1245865.23   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Limbach Holdings Inc                         | Limbach Holdings Inc                         | CUSIP: 53263P105<br>LEI: 254900EW8KXT5ZTWQI30 | Long             | EC               | CORP              | US        |      9305 | NS      | $1303630.50   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Artivion Inc                                 | Artivion Inc                                 | CUSIP: 228903100<br>LEI: 549300YTKV8DMSMG6K81 | Long             | EC               | CORP              | US        |     40051 | NS      | $1245586.10   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Legacy Housing Corp                          | Legacy Housing Corp                          | CUSIP: 52472M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44870 | NS      | $1016754.20   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Oppenheimer Holdings Inc                     | Oppenheimer Holdings Inc                     | CUSIP: 683797104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12236 | NS      | $804761.72    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Canaccord Genuity Group Inc                  | Canaccord Genuity Group Inc                  | CUSIP: 134801109<br>LEI: 5493002DR5KW4JP7YS87 | Long             | EC               | CORP              | CA        |    168158 | NS      | $1279322.11   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| MaxCyte Inc                                  | MaxCyte Inc                                  | CUSIP: 57777K106<br>LEI: 54930053YHXULRFCU991 | Long             | EC               | CORP              | US        |     54299 | NS      | $118371.82    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Penguin Solutions Inc                        | Penguin Solutions Inc                        | CUSIP: 000000000<br>LEI: 529900RDGHQY8XKXPN14 | Long             | EC               | CORP              | KY        |     28735 | NS      | $569240.35    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprott Inc                                   | Sprott Inc                                   | CUSIP: 852066208<br>LEI: 254900QHJAD5TP2JNM15 | Long             | EC               | CORP              | CA        |     22823 | NS      | $1577623.64   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| ARS Pharmaceuticals Inc                      | ARS Pharmaceuticals Inc                      | CUSIP: 82835W108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2827 | NS      | $49331.15     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BayCom Corp                                  | BayCom Corp                                  | CUSIP: 07272M107<br>LEI: 549300UOLS54Q5ONIG33 | Long             | EC               | CORP              | US        |     47825 | NS      | $1325230.75   | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Maravai LifeSciences Holdings Inc            | Maravai LifeSciences Holdings Inc            | CUSIP: 56600D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    164439 | NS      | $396297.99    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| PAR Technology Corp                          | PAR Technology Corp                          | CUSIP: 698884103<br>LEI: 549300HYPTHBJQINVG57 | Long             | EC               | CORP              | US        |     19284 | NS      | $1337731.08   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Forrester Research Inc                       | Forrester Research Inc                       | CUSIP: 346563109<br>LEI: 549300UUSFXYLJ80Z897 | Long             | EC               | CORP              | US        |     42501 | NS      | $420759.90    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphamin Resources Corp                      | Alphamin Resources Corp                      | CUSIP: 000000000<br>LEI: 529900YI7Z8X5I42E192 | Long             | EC               | CORP              | MU        |     43153 | NS      | $27252.86     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Repay Holdings Corp                          | Repay Holdings Corp                          | CUSIP: 76029L100<br>LEI: 2549006EJ42T73ZKUI98 | Long             | EC               | CORP              | US        |    117819 | NS      | $567887.58    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-15

**Name of Applicant:** ROYCE CAPITAL FUND

**Signature:** John Schwartz

**Name of Signer:** John Schwartz

**Title:** Associate General Counsel