# EDGAR Filing Document

**Accession Number:** 0000802716
**File Stem:** 0001752724-25-210041
**Filing Date:** 2025-8
**Character Count:** 80008
**Document Hash:** 57f98e410b53d930121d1a50970dd8a3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-210041.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001752724-25-210041

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250828

**DATE AS OF CHANGE**: 20250828

**PERIOD START**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VICTORY PORTFOLIOS
- **CENTRAL INDEX KEY:** 0000802716

**ORGANIZATION NAME:**
- **EIN:** 316364605
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04852
- **FILM NUMBER:** 251268210

**BUSINESS ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144
- **BUSINESS PHONE:** 6144708000

**MAIL ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SOCIETY FUNDS
- **DATE OF NAME CHANGE:** 19940906

## Series and Classes Contracts Data

### Victory Trivalent International Small-Cap Fund (Series ID: S000046400)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000144999 | Class A      | MISAX           |
| C000145000 | Class C      | MCISX           |
| C000145001 | Class I      | MISIX           |
| C000145002 | Class R6     | MSSIX           |
| C000145003 | Class Y      | MYSIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Victory Portfolios

- **b. Investment Company Act file number:** 811-04852

- **c. CIK number of Registrant:** 0000802716

- **d. LEI of Registrant:** 549300V07N3HJP1EW330

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

  - **Street Address 1:** 4900 Tiedeman Road 4th Floor

  - **City:** Brooklyn

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 44144

  - **Telephone number:** 800-539-3863

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

- **a. Name of Series:** Victory Trivalent International Small-Cap Fund

- **b. EDGAR series identifier (if any):** S000046400

- **c. LEI of Series:** 549300SB9TZ2GU9C2Q92

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

- **a. Date of fiscal year-end:** 2025-06-30

- **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:** $3930533901.47

**Total Liabilities:** $123320073.93

**Net Assets:** $3807213827.54

**Cash Not Reported:** $33069534.80

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000144999 | 5.86%                | 7.06%                | 6.20%                |
| Class ID C000145001 | 5.88%                | 7.13%                | 6.26%                |
| Class ID C000145003 | 5.85%                | 7.16%                | 6.18%                |
| Class ID C000145000 | 5.77%                | 7.03%                | 6.10%                |
| Class ID C000145002 | 5.85%                | 7.15%                | 6.23%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-14464117.65            | $201345292.44                              |
| Month 2  | $15413707.24             | $204305214.21                              |
| Month 3  | $60049624.17             | $162690590.54                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Wihlborgs Fastigheter AB                               | WIHLBORGS FASTIGHETER AB            | CUSIP: N/A<br>LEI: 549300RC1YDJPITF8X06       | Long             | EC               | CORP              | SE        |   1593358 | NS      | $17266162.66  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| KYORITSU MAINTENANCE CO.,LTD.                          | KYORITSU MAINTENANCE CO LTD         | CUSIP: N/A<br>LEI: 353800IO2MFHL1NA0986       | Long             | EC               | CORP              | JP        |    478800 | NS      | $11690107.47  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Softcat PLC                                            | SOFTCAT PLC                         | CUSIP: N/A<br>LEI: 213800N42YZLR9GLVC42       | Long             | EC               | CORP              | GB        |    604504 | NS      | $14243653.69  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Daido Steel Co., Ltd.                                  | DAIDO STEEL CO LTD                  | CUSIP: N/A<br>LEI: 353800WZKGRNG0T2FR92       | Long             | EC               | CORP              | JP        |   1192900 | NS      | $8237975.17   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| TOYO SUISAN KAISHA, LTD.                               | TOYO SUISAN KAISHA LTD              | CUSIP: 892306101<br>LEI: N/A                  | Long             | EC               | CORP              | JP        |    267900 | NS      | $17808383.34  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| BABCOCK INTERNATIONAL GROUP PLC                        | BABCOCK INTERNATIONAL GROUP PLC     | CUSIP: N/A<br>LEI: 213800TSKOLX4EU6L377       | Long             | EC               | CORP              | GB        |   1817835 | NS      | $28625566.82  | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| SUSS MicroTec SE                                       | SUESS MICROTEC SE                   | CUSIP: N/A<br>LEI: 529900C3KRUTSYDK7N87       | Long             | EC               | CORP              | DE        |    257493 | NS      | $14150779.98  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| JYSKE BANK A/S                                         | JYSKE BANK A S                      | CUSIP: N/A<br>LEI: 3M5E1GQGKL17HI6CPN30       | Long             | EC               | CORP              | DK        |    192864 | NS      | $19519051.15  | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| BARRATT REDROW PLC                                     | BARRATT REDROW PLC                  | CUSIP: N/A<br>LEI: 2138006R85VEOF5YNK29       | Long             | EC               | CORP              | GB        |   3147251 | NS      | $19704484.17  | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| SILICON 2 Co.,Ltd.                                     | SILICON2 CO LTD                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    351171 | NS      | $15967750.50  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| HIKMA PHARMACEUTICALS PUBLIC LIMITED COMPANY           | HIKMA PHARMACEUTICALS PLC           | CUSIP: N/A<br>LEI: 549300BNS685UXH4JI75       | Long             | EC               | CORP              | GB        |    683575 | NS      | $18650707.36  | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| Nordex SE                                              | NORDEX SE                           | CUSIP: N/A<br>LEI: 529900HVDYCUWVD0OE76       | Long             | EC               | CORP              | DE        |    621205 | NS      | $12324774.06  | 0.32%             |  |  |  | No            |                  2 | On Loan: —       |
| Indra Sistemas, S.A.                                   | INDRA SISTEMAS SA                   | CUSIP: N/A<br>LEI: 95980020140005308793       | Long             | EC               | CORP              | ES        |    742200 | NS      | $32197252.21  | 0.85%             |  |  |  | No            |                  2 | On Loan: —       |
| LOTTOMATICA GROUP S.P.A.                               | LOTTOMATICA GROUP SPA               | CUSIP: N/A<br>LEI: 549300R72LKEGT4EX026       | Long             | EC               | CORP              | IT        |    666043 | NS      | $18486177.06  | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| TechnoPro Holdings, Inc.                               | TECHNOPRO HOLDINGS INC              | CUSIP: N/A<br>LEI: 3538001DJ8I5PJQNHU53       | Long             | EC               | CORP              | JP        |    613400 | NS      | $17877503.43  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| MINES AGNICO EAGLE LIMITEE                             | AGINCO EAGLE MINES LTD              | CUSIP: 008474108<br>LEI: 254900BFJ2DOHPMEXN45 | Long             | EC               | CORP              | CA        |         1 | NS      | $119.15       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Nissui Corporation                                     | NISSUI CORP                         | CUSIP: N/A<br>LEI: 529900MPH5BMANQ3EC50       | Long             | EC               | CORP              | JP        |   2623500 | NS      | $15943572.17  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsui Mining and Smelting Company, Limited            | MITSUI MINING SMELTING CO LTD       | CUSIP: N/A<br>LEI: 35380021EYAHSQM25559       | Long             | EC               | CORP              | JP        |    379000 | NS      | $13215567.80  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Scout24 SE                                             | SCOUT24 SE                          | CUSIP: N/A<br>LEI: 5493007EIKM2ENQS7U66       | Long             | EC               | CORP              | DE        |    205824 | NS      | $28410138.86  | 0.75%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Lion Corporation                                       | LION CORP                           | CUSIP: N/A<br>LEI: 529900MPGS2GM7VPG855       | Long             | EC               | CORP              | JP        |    815200 | NS      | $8429643.62   | 0.22%             |  |  |  | No            |                  2 | On Loan: —       |
| Azbil Corporation                                      | AZBIL CORP                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1490200 | NS      | $14132487.28  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| OSB GROUP PLC                                          | OSB GROUP PLC                       | CUSIP: N/A<br>LEI: 213800ZBKL9BHSL2K459       | Long             | EC               | CORP              | GB        |   2007327 | NS      | $14419378.33  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| DENTSU SOKEN INC.                                      | DENTSU SOKEN INC                    | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    248800 | NS      | $11594404.15  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| ISS A/S                                                | ISS A S                             | CUSIP: N/A<br>LEI: 213800LEZA58SZNCBN19       | Long             | EC               | CORP              | DK        |    483954 | NS      | $13509563.94  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Mebuki Financial Group, Inc.                           | MEBUKI FINANCIAL GROUP INC          | CUSIP: N/A<br>LEI: 353800K1RXV3E3JAE812       | Long             | EC               | CORP              | JP        |   4924300 | NS      | $25698789.75  | 0.68%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLDMAN SACHS FINANCIAL SQUARE GOVERNMENT FUND         | GLDMN SCHS FIN SQ GV-FST            | CUSIP: 38141W273<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  29368641 | NS      | $29368641.36  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| INCHCAPE PLC                                           | INCHCAPE PLC                        | CUSIP: N/A<br>LEI: 213800RGEH1MPPNM2T57       | Long             | EC               | CORP              | GB        |   1213186 | NS      | $12085852.40  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Nippon Accommodations Fund Inc.                        | NIPPON ACCOMMODATIONS FUND INC      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |      9586 | NS      | $7840500.57   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Kanadevia Corporation                                  | KANADEVIA CORP                      | CUSIP: N/A<br>LEI: 5493006MPD0OCAMCE046       | Long             | EC               | CORP              | JP        |   1357200 | NS      | $9171035.82   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Loomis AB                                              | LOOMIS AB                           | CUSIP: N/A<br>LEI: 213800NS2XXVRYS7WP40       | Long             | EC               | CORP              | SE        |    344274 | NS      | $14479947.53  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| BRUNELLO CUCINELLI S.P.A.                              | BRUNELLO CUCINELLI SPA              | CUSIP: N/A<br>LEI: 5493003CX2RZ0FOBH256       | Long             | EC               | CORP              | IT        |     87146 | NS      | $10578435.50  | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| TeamViewer SE                                          | TEAMVIEWER SE                       | CUSIP: N/A<br>LEI: 3912000FZ0R0KEK9JS42       | Long             | EC               | CORP              | DE        |    980349 | NS      | $11062227.12  | 0.29%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Tokyo Tatemono Co., Ltd.                               | TOKYO TATEMONO CO LTD               | CUSIP: N/A<br>LEI: 529900RQA4JTW1869J86       | Long             | EC               | CORP              | JP        |    839200 | NS      | $14936745.14  | 0.39%             |  |  |  | No            |                  2 | On Loan: —       |
| LES VETEMENTS DE SPORT GILDAN INC.                     | GILDAN ACTIVEWEAR INC               | CUSIP: 375916103<br>LEI: 549300SB3IBI34M00Z45 | Long             | EC               | CORP              | CA        |    250469 | NS      | $12343177.07  | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Pandora A/S                                            | PANDORA A S                         | CUSIP: N/A<br>LEI: 5299007OWYZ6I1E46843       | Long             | EC               | CORP              | DK        |    106579 | NS      | $18781528.02  | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| IPSEN SA                                               | IPSEN SA                            | CUSIP: N/A<br>LEI: 549300M6SGDPB4Z94P11       | Long             | EC               | CORP              | FR        |    101288 | NS      | $12063673.48  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| VENTIA SERVICES GROUP LIMITED                          | VENTIA SERVICES GROUP PTY LTD       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   5319863 | NS      | $18139902.94  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| MAPFRE, S.A.                                           | MAPFRE SA                           | CUSIP: N/A<br>LEI: 95980020140005693107       | Long             | EC               | CORP              | ES        |   6198567 | NS      | $25387335.38  | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| HSBC US GOVERNMENT MONEY MARKET FUND                   | HSBC US GOVT MMKT-I                 | CUSIP: 40428X107<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  29368641 | NS      | $29368641.36  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Toyo Tire Corporation                                  | TOYO TIRE CORP                      | CUSIP: N/A<br>LEI: 529900Y41RD7VQM9RF75       | Long             | EC               | CORP              | JP        |    853400 | NS      | $18077714.48  | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| ENDEAVOUR MINING PLC                                   | ENDEAVOUR MINING PLC                | CUSIP: N/A<br>LEI: 529900NI5MXQ91GHXR07       | Long             | EC               | CORP              | GB        |    701678 | NS      | $21638850.78  | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| WHITECAP RESOURCES INC.                                | WHITECAP RESOURCES INC              | CUSIP: 96467A200<br>LEI: 894500UA4G4BTB67II45 | Long             | EC               | CORP              | CA        |   3141592 | NS      | $21111608.99  | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| KINDEN CORPORATION                                     | KINDEN CORP                         | CUSIP: N/A<br>LEI: 35380008T6JUN5TU9T34       | Long             | EC               | CORP              | JP        |    478900 | NS      | $14070818.76  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| CAIRN HOMES P.L.C                                      | CAIRN HOMES PLC                     | CUSIP: N/A<br>LEI: 635400DPX6WP2KKDOA83       | Long             | EC               | CORP              | IE        |   4501486 | NS      | $11384053.71  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Avanza Bank Holding AB                                 | AVANZA BANK HOLDING AB              | CUSIP: N/A<br>LEI: 549300MBWR5H8SIJLE03       | Long             | EC               | CORP              | SE        |    686770 | NS      | $23312823.13  | 0.61%             |  |  |  | No            |                  2 | On Loan: —       |
| Boardwalk Real Estate Investment Trust                 | BOARDWALK REAL ESTATE INVEST        | CUSIP: 096631106<br>LEI: 549300RMNRTTJRCOYW23 | Long             |  | CORP              | CA        |    366028 | NS      | $18814849.97  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Magellan Financial Group Ltd                           | MAGELLAN FINANCIAL GROUP LTD        | CUSIP: N/A<br>LEI: 549300X5WFW6USQQ9U26       | Long             | EC               | CORP              | AU        |   2236688 | NS      | $12610924.26  | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| TRAINLINE PLC                                          | TRAINLINE PLC                       | CUSIP: N/A<br>LEI: 213800HO26VXTFJ4MO71       | Long             | EC               | CORP              | GB        |   2483272 | NS      | $9536751.99   | 0.25%             |  |  |  | Yes           |                  2 | On Loan: No      |
| DE ' LONGHI S.P.A.                                     | DE LONGHI SPA                       | CUSIP: N/A<br>LEI: 8156000E09A52C4F8A38       | Long             | EC               | CORP              | IT        |    357492 | NS      | $12000157.47  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| INVESCO GOVERNMENT & AGENCY PORTFOLIO                  | INVESCO GVT & AGNCY-INST            | CUSIP: 825252885<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  29368641 | NS      | $29368641.36  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Siegfried Holding AG                                   | SIEGFRIED HOLDING AG                | CUSIP: N/A<br>LEI: 506700J9QD6IF3937W06       | Long             | EC               | CORP              | CH        |    117154 | NS      | $13205400.72  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| COMPUTACENTER PLC                                      | COMPUTACENTER PLC                   | CUSIP: N/A<br>LEI: 549300XSXUZ1I19DB105       | Long             | EC               | CORP              | GB        |    294305 | NS      | $9698467.15   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Jungheinrich AG                                        | JUNGHEINRICH AG                     | CUSIP: N/A<br>LEI: 529900PHZORTU6FSXE73       | Long             | EC               | CORP              | DE        |    363260 | NS      | $17141100.80  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Galenica AG                                            | GALENICA AG                         | CUSIP: N/A<br>LEI: 506700W4772BD8016Z20       | Long             | EC               | CORP              | CH        |    215518 | NS      | $23595253.79  | 0.62%             |  |  |  | Yes           |                  2 | On Loan: No      |
| METHANEX CORPORATION                                   | METHANEX CORP                       | CUSIP: 59151K108<br>LEI: 549300TSJHRXT9QXRD13 | Long             | EC               | CORP              | CA        |    324209 | NS      | $10736327.71  | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanwa Holdings Corporation                             | SANWA HOLDINGS CORP                 | CUSIP: N/A<br>LEI: 5299003X6BCA4ROO5A70       | Long             | EC               | CORP              | JP        |   1090100 | NS      | $36157623.13  | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERMEDIATE CAPITAL GROUP PLC                         | INTERMEDIATE CAPITAL GROUP PLC      | CUSIP: N/A<br>LEI: 549300OGASR5WRKJ8R68       | Long             | EC               | CORP              | GB        |    590109 | NS      | $15650320.24  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Keppel DC REIT                                         | KEPPEL DC REIT                      | CUSIP: N/A<br>LEI: 254900L7YDIFLO15BD60       | Long             |  | RF                | SG        |   9264100 | NS      | $16985730.26  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| RENAULT SA                                             | RENAULT SA                          | CUSIP: N/A<br>LEI: 969500F7JLTX36OUI695       | Long             | EC               | CORP              | FR        |    287050 | NS      | $13244242.40  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Zalando SE                                             | ZALANDO SE                          | CUSIP: N/A<br>LEI: 529900YRFFGH5AXU4S86       | Long             | EC               | CORP              | DE        |    416503 | NS      | $13741742.09  | 0.36%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Kinaxis Inc                                            | KINAXIS INC                         | CUSIP: 49448Q109<br>LEI: 5299009VAZ14K7PFUQ15 | Long             | EC               | CORP              | CA        |    102361 | NS      | $15224845.56  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| PALADIN ENERGY LTD                                     | PALADIN ENERGY LTD                  | CUSIP: N/A<br>LEI: 549300M44UTJAP8J6B37       | Long             | EC               | CORP              | AU        |   2026776 | NS      | $10802853.58  | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Vanguard Tax Managed Fund FTSE Developed Markets ETF   | VANGUARD FTSE DEVELOPED MARKET      | CUSIP: 921943858<br>LEI: N/A                  | Long             |  | RF                | US        |    196178 | NS      | $11184107.78  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CURRYS PLC                                             | DIXONS CARPHONE PLC                 | CUSIP: N/A<br>LEI: 2138001E12GWLLDQQF16       | Long             | EC               | CORP              | GB        |   9590314 | NS      | $16027836.99  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| ACCOR SA                                               | ACCOR SA                            | CUSIP: N/A<br>LEI: 969500QZC2Q0TK11NV07       | Long             | EC               | CORP              | FR        |    351976 | NS      | $18444177.59  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| FLSMIDTH & CO. A/S                                     | FLSMIDTH COMPANY A S                | CUSIP: N/A<br>LEI: 213800MXXDGQ3ITPXI41       | Long             | EC               | CORP              | DK        |    185898 | NS      | $11395258.52  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| POONGSAN CORPORATION                                   | POONGSAN CORP                       | CUSIP: N/A<br>LEI: 2549007P08ZD5QJS1369       | Long             | EC               | CORP              | KR        |    301335 | NS      | $28720099.36  | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| BENDIGO AND ADELAIDE BANK LIMITED                      | BENDIGO AND ADELAIDE BANK           | CUSIP: N/A<br>LEI: 549300Y9URD6W70K0360       | Long             | EC               | CORP              | AU        |   1840636 | NS      | $15308008.51  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Headwater Exploration Inc.                             | HEADWATER EXPLORATION INC           | CUSIP: 422096107<br>LEI: 549300XIU4JQ0GKLRG88 | Long             | EC               | CORP              | CA        |   2991050 | NS      | $14783906.07  | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| SANKYO CO., LTD.                                       | SANKYO CO LTD                       | CUSIP: N/A<br>LEI: 3538009H2R9ZBZAOAK48       | Long             | EC               | CORP              | JP        |   1473500 | NS      | $27275519.71  | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| EQB Inc                                                | EQB INC                             | CUSIP: 26886R104<br>LEI: 549300QAXPCRULOPD247 | Long             | EC               | CORP              | CA        |    197421 | NS      | $15015363.37  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMBCORP INDUSTRIES LTD                                | SEMBCORP INDUSTRIES LTD             | CUSIP: N/A<br>LEI: 254900J0FF14U6TPQM96       | Long             | EC               | CORP              | SG        |   4524300 | NS      | $24378563.08  | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| Tilray Brands, Inc.                                    | TILRAY BRANDS INC                   | CUSIP: 88688T100<br>LEI: 549300Y4V60733TO1478 | Long             | EC               | CORP              | US        |         2 | NS      | $0.82         | 0.00%             |  |  |  | No            |                  1 | On Loan: —       |
| REPLY S.P.A.                                           | REPLY SPA                           | CUSIP: N/A<br>LEI: 815600DAEFB0388F3521       | Long             | EC               | CORP              | IT        |    109853 | NS      | $18982382.35  | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| DIASORIN S.P.A.                                        | DIASORIN SPA                        | CUSIP: N/A<br>LEI: 8156002878BDF0EE4348       | Long             | EC               | CORP              | IT        |     98132 | NS      | $10501741.20  | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| IMAX CORPORATION                                       | IMAX CORP                           | CUSIP: 45245E109<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    682259 | NS      | $19075961.64  | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| AGL ENERGY LIMITED                                     | AGL ENERGY LTD                      | CUSIP: N/A<br>LEI: 549300QAZ8A74DEDXO80       | Long             | EC               | CORP              | AU        |   1628191 | NS      | $10438272.94  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Tokyu Fudosan Holdings Corporation                     | TOKYU FUDOSAN HOLDINGS CORP         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   2349500 | NS      | $16791792.59  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| DKSH Holding AG                                        | DKSH HOLDING LIMITED                | CUSIP: N/A<br>LEI: 549300HUUUNHO6FJUS42       | Long             | EC               | CORP              | CH        |    168273 | NS      | $13094645.44  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| ASR Nederland N.V.                                     | ASR NEDERLAND NV                    | CUSIP: N/A<br>LEI: 7245000G0HS48PZWUD53       | Long             | EC               | CORP              | NL        |    337290 | NS      | $22408585.33  | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| TELEPERFORMANCE SE                                     | TELEPERFORMANCE SE                  | CUSIP: N/A<br>LEI: 9695004GI61FHFFNRG61       | Long             | EC               | CORP              | FR        |    106242 | NS      | $10317690.73  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Buzzi SpA                                              | BUZZI UNICEM SPA                    | CUSIP: N/A<br>LEI: 5299003DX5YLKSVJ6K59       | Long             | EC               | CORP              | IT        |    574248 | NS      | $31843788.36  | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| Hugel, Inc.                                            | HUGEL INC                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     51108 | NS      | $14645088.80  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| RESORTTRUST,INC.                                       | RESORTTRUST INC                     | CUSIP: N/A<br>LEI: 353800FM9MYWH105SE11       | Long             | EC               | CORP              | JP        |   1231100 | NS      | $15036377.80  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| THE UNITED LABORATORIES INTERNATIONAL HOLDINGS LIMITED | UNITED LABORATORIES INTERNATIONAL   | CUSIP: N/A<br>LEI: 2549007JL3XIH77JXN70       | Long             | EC               | CORP              | KY        |  11724000 | NS      | $22478029.54  | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| MEIDENSHA CORPORATION                                  | MEIDENSHA CORP                      | CUSIP: N/A<br>LEI: 529900VFKHJPVURD7985       | Long             | EC               | CORP              | JP        |    317400 | NS      | $11944013.07  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| KANDENKO CO.,LTD.                                      | KANDENKO CO LTD                     | CUSIP: N/A<br>LEI: 35380080NSN7GCYZ3X14       | Long             | EC               | CORP              | JP        |    835800 | NS      | $19293195.62  | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Invincible Investment Corporation                      | INVINCIBLE INVESTMENT CORP          | CUSIP: N/A<br>LEI: 353800JY6M2692VAV685       | Long             | EC               | CORP              | JP        |     29947 | NS      | $12897399.01  | 0.34%             |  |  |  | No            |                  2 | On Loan: —       |
| SWCC Corporation                                       | SWCC SHOWA HOLDINGS CO LTD          | CUSIP: N/A<br>LEI: 353800A7RNYOC4KL4T49       | Long             | EC               | CORP              | JP        |    285700 | NS      | $14897848.62  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| TAIHEIYO CEMENT CORPORATION                            | TAIHEIYO CEMENT CORP                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    465900 | NS      | $11560774.92  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| PARK24 Co., Ltd.                                       | PARK24 CO LTD                       | CUSIP: N/A<br>LEI: 549300LFG2WZWCWM4M68       | Long             | EC               | CORP              | JP        |   1048000 | NS      | $13435551.42  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| ROUND ONE Corporation                                  | ROUND ONE CORP                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   2557800 | NS      | $26109045.82  | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| Flughafen Zuerich AG                                   | FLUGHAFEN ZUERICH AG                | CUSIP: N/A<br>LEI: 529900PFO97GCN5SYB55       | Long             | EC               | CORP              | CH        |     41024 | NS      | $11702089.53  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| HARBOUR ENERGY PLC                                     | HARBOUR ENERGY PLC                  | CUSIP: N/A<br>LEI: 213800YPC42DYBKVPF97       | Long             | EC               | CORP              | GB        |   6229459 | NS      | $16696341.34  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| HYUNDAI ROTEM CO LTD                                   | HYUNDAI ROTEM CO LTD                | CUSIP: Y3R36Z108<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    197132 | NS      | $28613317.45  | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| KDX Realty Investment Corporation                      | KDX REALTY INVESTMENT CORP          | CUSIP: N/A<br>LEI: 353800FFT483NCIHFY42       | Long             | EC               | CORP              | JP        |      6200 | NS      | $6728234.36   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Accelleron Industries AG                               | ACCELLERON INDUSTRIES AG            | CUSIP: N/A<br>LEI: 254900KS0MD2PAARXD14       | Long             | EC               | CORP              | CH        |    319105 | NS      | $22496881.25  | 0.59%             |  |  |  | No            |                  2 | On Loan: No      |
| Bilfinger SE                                           | BILFINGER SE                        | CUSIP: N/A<br>LEI: 529900H0HULEN2BZ4604       | Long             | EC               | CORP              | DE        |    165746 | NS      | $15952262.83  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| ROCKWOOL A/S                                           | ROCKWOOL A S                        | CUSIP: N/A<br>LEI: 213800QRC7LNX935OZ09       | Long             | EC               | CORP              | DK        |    390863 | NS      | $18323382.17  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| TSUMURA & CO.                                          | TSUMURA CO                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    431700 | NS      | $10420419.06  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| NIPPON EXPRESS HOLDINGS, INC.                          | NIPPON EXPRESS HOLDINGS CO LTD      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    702200 | NS      | $14087878.84  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Bucher Industries AG                                   | BUCHER INDUSTRIES AG                | CUSIP: N/A<br>LEI: 52990014AQ91A29HPB27       | Long             | EC               | CORP              | CH        |     22874 | NS      | $11374068.26  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| SANKYU INC.                                            | SANKYU INC                          | CUSIP: N/A<br>LEI: 529900QWTXZZEM1T5G75       | Long             | EC               | CORP              | JP        |    225300 | NS      | $12085979.31  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| BKW AG                                                 | BKW AG                              | CUSIP: N/A<br>LEI: 549300IE30SKTUO98Q38       | Long             | EC               | CORP              | CH        |     54759 | NS      | $12011185.08  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| INVESTEC PLC                                           | INVESTEC PLC                        | CUSIP: N/A<br>LEI: 2138007Z3U5GWDN3MY22       | Long             | EC               | CORP              | GB        |   2105006 | NS      | $15756884.69  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| INFRONEER Holdings Inc.                                | INFRONEER HOLDINGS INC              | CUSIP: N/A<br>LEI: 353800G6TWA2W0MY9K16       | Long             | EC               | CORP              | JP        |   1406500 | NS      | $11801603.86  | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| TRITAX BIG BOX REIT PLC                                | TRITAX BIG BOX REIT PLC             | CUSIP: N/A<br>LEI: 213800L6X88MIYPVR714       | Long             | EC               | RF                | GB        |   7546374 | NS      | $15362773.03  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| SANTEN PHARMACEUTICAL CO., LTD.                        | SANTEN PHARMACEUTICAL CO LTD        | CUSIP: N/A<br>LEI: 529900TPT3I7C17MIM03       | Long             | EC               | CORP              | JP        |   1515100 | NS      | $17388249.23  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| AMP LIMITED                                            | AMP LIMITED                         | CUSIP: N/A<br>LEI: 5299000D93LTLU0UJR35       | Long             | EC               | CORP              | AU        |  14858152 | NS      | $12322402.12  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| MILLICOM INTERNATIONAL CELLULAR S.A.                   | MILLICOM INTERNATIONAL CELLULAR SA  | CUSIP: L6388F110<br>LEI: 549300CTHC1CP86P2G96 | Long             | EC               | CORP              | LU        |    487198 | NS      | $18255309.06  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS Eventim AG & Co. KGaA                              | CTS EVENTIM AG CO KGAA              | CUSIP: N/A<br>LEI: 529900FDHSN08UBJII80       | Long             | EC               | CORP              | DE        |    189773 | NS      | $23595398.86  | 0.62%             |  |  |  | No            |                  2 | On Loan: No      |
| AZIMUT HOLDING S.P.A.                                  | AZIMUT HOLDING SPA                  | CUSIP: N/A<br>LEI: 81560025690EF8540635       | Long             | EC               | CORP              | IT        |    496793 | NS      | $15935805.70  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| Anycolor Inc                                           | ANYCOLOR INC                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    544000 | NS      | $19650786.76  | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| ATKINSREALIS GROUP INC.                                | ATKINSREALIS GROUP INC              | CUSIP: 04764T104<br>LEI: UL01OYG5OMLM5G6CFM03 | Long             | EC               | CORP              | CA        |    260465 | NS      | $18270426.08  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| NCC Aktiebolag                                         | NCC AB                              | CUSIP: N/A<br>LEI: 213800WRGLW3CY4MHW53       | Long             | EC               | CORP              | SE        |    694525 | NS      | $13002000.29  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| BEAZLEY PLC                                            | BEAZLEY PLC                         | CUSIP: N/A<br>LEI: 213800VTOMUWD41GIT12       | Long             | EC               | CORP              | GB        |   2311014 | NS      | $29668070.64  | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| CHARTER HALL GROUP                                     | CHARTER HALL GROUP                  | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | AU        |   1300087 | NS      | $16471053.31  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| PharmaResearch Co., Ltd.                               | PHARMARESEARCH CO LTD               | CUSIP: N/A<br>LEI: 988400WCI2SXC6H7SG23       | Long             | EC               | CORP              | KR        |     72432 | NS      | $26405002.21  | 0.69%             |  |  |  | No            |                  2 | On Loan: No      |
| BPER BANCA S.P.A.                                      | BPER BANCA                          | CUSIP: N/A<br>LEI: N747OI7JINV7RUUH6190       | Long             | EC               | CORP              | IT        |   2262930 | NS      | $20536371.15  | 0.54%             |  |  |  | No            |                  2 | On Loan: No      |
| SAMSUNG E&A CO.,LTD                                    | SAMSUNG E A CO LTD                  | CUSIP: N/A<br>LEI: 988400HDAY5KIVHGZ188       | Long             | EC               | CORP              | KR        |    565015 | NS      | $9226586.70   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Fuyo General Lease Co., Ltd.                           | FUYO GENERAL LEASE CO LTD           | CUSIP: N/A<br>LEI: 353800IE82QJT7UQJK58       | Long             | EC               | CORP              | JP        |    382100 | NS      | $10334202.19  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| GS Yuasa Corporation                                   | GS YUASA CORP                       | CUSIP: N/A<br>LEI: 353800MW7O6PQQHLDR79       | Long             | EC               | CORP              | JP        |    895800 | NS      | $16717081.44  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| TOKYO SEIMITSU CO.,LTD.                                | TOKYO SEIMITSU CO LTD               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    285300 | NS      | $18959043.36  | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Daicel Corporation                                     | DAICEL CORP                         | CUSIP: N/A<br>LEI: 353800ZG4XF6D7NZGS72       | Long             | EC               | CORP              | JP        |   1700900 | NS      | $14260410.73  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Belimo Holding AG                                      | BELIMO HOLDING AG                   | CUSIP: N/A<br>LEI: 506700339DLX749VEM23       | Long             | EC               | CORP              | CH        |     13032 | NS      | $13289405.84  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Leeno Industrial Inc                                   | LEENO INDUSTRIAL INC                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    318877 | NS      | $11992765.43  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| IREN S.P.A.                                            | IREN SPA                            | CUSIP: N/A<br>LEI: 8156001EBD33FD474E60       | Long             | EC               | CORP              | IT        |   4789063 | NS      | $14793125.34  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| BANCA MONTE DEI PASCHI DI SIENA S.P.A.                 | BANCA MONTE DEI PASCHI DI SIENA SPA | CUSIP: N/A<br>LEI: J4CP7MHCXR8DAQMKIL78       | Long             | EC               | CORP              | IT        |   2264421 | NS      | $19203383.03  | 0.50%             |  |  |  | No            |                  2 | On Loan: —       |
| SOOP CO., LTD.                                         | SOOP CO LTD                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    150377 | NS      | $10140410.08  | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| VIRBAC SA                                              | VIRBAC S A                          | CUSIP: N/A<br>LEI: 969500QQ1X5XHG649644       | Long             | EC               | CORP              | FR        |     26417 | NS      | $9942492.11   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| TechnologyOne Ltd                                      | TECHNOLOGY ONE LTD                  | CUSIP: N/A<br>LEI: 875500YEWBJIM91P9N12       | Long             | EC               | CORP              | AU        |    617032 | NS      | $16628669.32  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Evonik Industries AG                                   | EVONIK INDUSTRIES AG                | CUSIP: N/A<br>LEI: 41GUOJQTALQHLF39XJ34       | Long             | EC               | CORP              | DE        |    429822 | NS      | $8878382.86   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| RAMELIUS RESOURCES LIMITED                             | RAMELIUS RESOURCES LTD              | CUSIP: N/A<br>LEI: 254900E44AIGW7KKNR98       | Long             | EC               | CORP              | AU        |  15826476 | NS      | $26643711.97  | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| MGM China Holdings Limited                             | MGM CHINA HOLDINGS LIMITED          | CUSIP: N/A<br>LEI: 529900VZFN87OS7WJM66       | Long             | EC               | CORP              | KY        |   8968800 | NS      | $14746815.19  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| HORIBA,Ltd.                                            | HORIBA LTD                          | CUSIP: N/A<br>LEI: 529900OOTWPYSNW0EC84       | Long             | EC               | CORP              | JP        |    148900 | NS      | $11584589.04  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Avolta AG                                              | DUFRY AG REG                        | CUSIP: N/A<br>LEI: 549300X53WDBVW7TIF57       | Long             | EC               | CORP              | CH        |    264603 | NS      | $14419574.35  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| TEMENOS AG                                             | TEMENOS AG                          | CUSIP: N/A<br>LEI: 5067007NW6550481FH64       | Long             | EC               | CORP              | CH        |    157212 | NS      | $11298320.27  | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Forestry Co.,Ltd.                             | SUMITOMO FORESTRY CO LTD            | CUSIP: N/A<br>LEI: 549300FIIRGO6D5FWR19       | Long             | EC               | CORP              | JP        |    909000 | NS      | $9180332.42   | 0.24%             |  |  |  | No            |                  2 | On Loan: —       |
| ARKEMA SA                                              | ARKEMA SA                           | CUSIP: N/A<br>LEI: 9695000EHMS84KKP2785       | Long             | EC               | CORP              | FR        |    227167 | NS      | $16772689.37  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Coca-Cola HBC AG                                       | COCA COLA HBC AG                    | CUSIP: N/A<br>LEI: 549300EFP3TNG7JGVE49       | Long             | EC               | CORP              | CH        |    632213 | NS      | $33022460.78  | 0.87%             |  |  |  | No            |                  2 | On Loan: No      |
| Credit Saison Co.,Ltd.                                 | CREDIT SAISON CO LTD                | CUSIP: N/A<br>LEI: 529900SV58ZWTGRH3A66       | Long             | EC               | CORP              | JP        |    990700 | NS      | $26732025.97  | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| IBIDEN CO.,LTD.                                        | IBIDEN CO LTD                       | CUSIP: N/A<br>LEI: 52990051DBFIQEY37C91       | Long             | EC               | CORP              | JP        |    278700 | NS      | $12236060.92  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Logista Integral, S.A.                                 | LOGISTA                             | CUSIP: N/A<br>LEI: 9598000ANNAL42UJ7X28       | Long             | EC               | CORP              | ES        |    441908 | NS      | $14477291.02  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| EASYJET PLC                                            | EASYJET PLC                         | CUSIP: N/A<br>LEI: 2138001S47XKWIB7TH90       | Long             | EC               | CORP              | GB        |   1509380 | NS      | $11044099.65  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Sulzer AG                                              | SULZER AG                           | CUSIP: N/A<br>LEI: 529900NZ6MAST5IJF669       | Long             | EC               | CORP              | CH        |    158753 | NS      | $28701477.99  | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| MSILF Government Portfolio                             | MSILF GOVERNMENT-INST               | CUSIP: 61747C707<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  29368641 | NS      | $29368641.36  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Billerud Aktiebolag (publ)                             | BILLERUD AKTIEBOLAG                 | CUSIP: N/A<br>LEI: 549300YJUYJ9A24RXL71       | Long             | EC               | CORP              | SE        |   1604799 | NS      | $16634010.01  | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Swissquote Group Holding SA                            | SWISSQUOTE GROUP HOLDING SA         | CUSIP: N/A<br>LEI: 549300O3WME82RDPEN66       | Long             | EC               | CORP              | CH        |     80707 | NS      | $45889229.03  | 1.21%             |  |  |  | No            |                  2 | On Loan: No      |
| TUI AG                                                 | TUI AG                              | CUSIP: N/A<br>LEI: 529900SL2WSPV293B552       | Long             | EC               | CORP              | DE        |   1983271 | NS      | $17377787.12  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| RIGHTMOVE PLC                                          | RIGHTMOVE PLC                       | CUSIP: N/A<br>LEI: 2138001JXGCFKBXYB828       | Long             | EC               | CORP              | GB        |   1164846 | NS      | $12605329.36  | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Logitech international S.A.                            | LOGITECH INTERNATIONAL SA           | CUSIP: N/A<br>LEI: 549300SN6PRK6IJJC215       | Long             | EC               | CORP              | CH        |     99946 | NS      | $9067548.51   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| KOLMAR KOREA CO.,LTD                                   | KOLMAR KOREA CO LTD                 | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    192817 | NS      | $14221081.55  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| FOOD & LIFE COMPANIES LTD.                             | FOOD LIFE COMPANIES LTD             | CUSIP: N/A<br>LEI: 529900CWF7GCVZKS5M87       | Long             | EC               | CORP              | JP        |    384600 | NS      | $18704013.45  | 0.49%             |  |  |  | No            |                  2 | On Loan: No      |
| NITTO BOSEKI CO., LTD.                                 | NITTO BOSEKI CO LTD                 | CUSIP: N/A<br>LEI: 3538005B13YMJ9BWQO82       | Long             | EC               | CORP              | JP        |    420300 | NS      | $17700007.06  | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Technip Energies N.V.                                  | TECHNIP ENERGIES NV                 | CUSIP: N/A<br>LEI: 724500FLODI49NSCIP70       | Long             | EC               | CORP              | NL        |    583696 | NS      | $24554454.84  | 0.64%             |  |  |  | No            |                  2 | On Loan: No      |
| BALFOUR BEATTY PLC                                     | BALFOUR BEATTY PLC                  | CUSIP: N/A<br>LEI: CT4UIJ3TUKGYYHMENQ17       | Long             | EC               | CORP              | GB        |   2892603 | NS      | $20750037.93  | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Tohoku Electric Power Company, Incorporated            | TOHOKU ELECTRIC POWER CO INC        | CUSIP: N/A<br>LEI: 353800KTF7EYIIYHY088       | Long             | EC               | CORP              | JP        |   1261200 | NS      | $9209392.86   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| OceanaGold Corporation                                 | OCEANAGOLD CORP                     | CUSIP: 675222400<br>LEI: 549300CBMSE8I9N3E232 | Long             | EC               | CORP              | CA        |   2176472 | NS      | $30722531.02  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| KLEPIERRE SA                                           | KLEPIERRE SA                        | CUSIP: N/A<br>LEI: 969500PB4U31KEFHZ621       | Long             | EC               | CORP              | FR        |    752661 | NS      | $29755896.57  | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Morinaga Milk Industry Co., Ltd.                       | MORINAGA MILK INDUSTRY CO LTD       | CUSIP: N/A<br>LEI: 529900FB91P7MVO08949       | Long             | EC               | CORP              | JP        |    537000 | NS      | $12065728.46  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| NUVISTA ENERGY LTD.                                    | NUVISTA ENERGY LTD                  | CUSIP: 67072Q104<br>LEI: 549300MG32TDSM60SX75 | Long             | EC               | CORP              | CA        |   1379180 | NS      | $15173410.99  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| freenet AG                                             | FREENET AG                          | CUSIP: N/A<br>LEI: 5299003GLDODCVP8DO20       | Long             | EC               | CORP              | DE        |    603727 | NS      | $19678684.00  | 0.52%             |  |  |  | No            |                  2 | On Loan: No      |
| BE Semiconductor Industries N.V.                       | BE SEMICONDUCTOR INDUSTRIES         | CUSIP: N/A<br>LEI: 7245007A1YFLI2GNYX06       | Long             | EC               | CORP              | NL        |    126556 | NS      | $18924475.07  | 0.50%             |  |  |  | No            |                  2 | On Loan: No      |
| DUNDEE PRECIOUS METALS INC.                            | DUNDEE PRECIOUS METALS INC          | CUSIP: 265269209<br>LEI: 549300LATVTU0EIUMD45 | Long             | EC               | CORP              | CA        |   2335409 | NS      | $37528458.37  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| BOMBARDIER INC.                                        | BOMBARDIER INC                      | CUSIP: 097751861<br>LEI: W7L3VLU8EHQY34Z36697 | Long             | EC               | CORP              | CA        |    203033 | NS      | $17690830.73  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| TOYODA GOSEI CO., LTD.                                 | TOYODA GOSEI CO LTD                 | CUSIP: N/A<br>LEI: 353800ZV4HXVM4DWPO50       | Long             | EC               | CORP              | JP        |    752300 | NS      | $14802166.97  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| Orion Oyj                                              | ORION OYJ                           | CUSIP: N/A<br>LEI: 74370029VAHCXDR7B745       | Long             | EC               | CORP              | FI        |    292721 | NS      | $22019626.73  | 0.58%             |  |  |  | No            |                  2 | On Loan: No      |
| E-MART Inc.                                            | E MART INC                          | CUSIP: N/A<br>LEI: 988400SAX0Q74FRA9981       | Long             | EC               | CORP              | KR        |    173274 | NS      | $10957056.06  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| BANKINTER, S.A.                                        | BANKINTER SA                        | CUSIP: N/A<br>LEI: VWMYAEQSTOPNV0SUGU82       | Long             | EC               | CORP              | ES        |   2980518 | NS      | $38904143.01  | 1.02%             |  |  |  | No            |                  2 | On Loan: —       |
| Bechtle AG                                             | BECHTLE AG                          | CUSIP: N/A<br>LEI: 529900HA2QT774RUXW59       | Long             | EC               | CORP              | DE        |    288011 | NS      | $13518485.22  | 0.36%             |  |  |  | No            |                  2 | On Loan: —       |
| WEIR GROUP PLC THE                                     | WEIR GROUP PLC THE                  | CUSIP: G95248137<br>LEI: N/A                  | Long             | EC               | CORP              | GB        |    356906 | NS      | $12203863.17  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| SAWAI GROUP HOLDINGS Co., Ltd.                         | SAWAI GROUP HOLDINGS CO LTD         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1020700 | NS      | $12984662.16  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| FDJ UNITED                                             | FDJ UNITED                          | CUSIP: N/A<br>LEI: 969500R4CLSQFTYYI535       | Long             | EC               | CORP              | FR        |    396558 | NS      | $15559094.74  | 0.41%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Konecranes Abp                                         | KONECRANES OYJ                      | CUSIP: N/A<br>LEI: 549300EF0CDEQZBMA096       | Long             | EC               | CORP              | FI        |    351532 | NS      | $27929795.93  | 0.73%             |  |  |  | No            |                  2 | On Loan: No      |
| ISU Petasys Co., Ltd.                                  | ISUPETASYS CO LTD                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    332521 | NS      | $12876703.24  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| DRAX GROUP PLC                                         | DRAX GROUP PLC                      | CUSIP: N/A<br>LEI: 549300YPSNTXR4ZHSR98       | Long             | EC               | CORP              | GB        |   1468934 | NS      | $13997625.27  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| LONDONMETRIC PROPERTY PLC                              | LONDONMETRIC PROPERTY PLC           | CUSIP: N/A<br>LEI: 213800OCERWWPQDURL87       | Long             | EC               | CORP              | GB        |   5369364 | NS      | $14990681.55  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| IMI PLC                                                | IMI PLC                             | CUSIP: N/A<br>LEI: 2138002W9Q21PF751R30       | Long             | EC               | CORP              | GB        |    506857 | NS      | $14582234.86  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| Iveco Group N.V.                                       | IVECO GROUP NV                      | CUSIP: N/A<br>LEI: 549300ZWF2ZJDD9EOR96       | Long             | EC               | CORP              | NL        |    733575 | NS      | $14444643.68  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| PAL Group Holdings Co Ltd                              | PAL GROUP HOLDINGS CO LTD           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    443400 | NS      | $11092940.78  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| MDA SPACE LTD                                          | MDA SPACE LTD                       | CUSIP: 55293N109<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    506431 | NS      | $13058748.83  | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| EIFFAGE SA                                             | EIFFAGE SA                          | CUSIP: N/A<br>LEI: 969500OQXKE5WDM9M994       | Long             | EC               | CORP              | FR        |    193850 | NS      | $27235041.87  | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Nomad Foods Limited                                    | NOMAD FOODS LTD                     | CUSIP: G6564A105<br>LEI: 5493000ZZ1837DS2SI43 | Long             | EC               | CORP              | VG        |    658791 | NS      | $11192859.09  | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| TOKYO OHKA KOGYO CO., LTD.                             | TOKYO OHKA KOGYO CO LTD             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    585000 | NS      | $17002323.97  | 0.45%             |  |  |  | No            |                  2 | On Loan: —       |
| BAVARIAN NORDIC A/S                                    | BAVARIAN NORDIC A S                 | CUSIP: N/A<br>LEI: 2138006JCDVYIN6INP51       | Long             | EC               | CORP              | DK        |    525071 | NS      | $14001387.52  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Hyosung Heavy Industries Corporation                   | HYOSUNG HEAVY INDUSTRIES CORP       | CUSIP: N/A<br>LEI: 988400IDLF9EQ95M0928       | Long             | EC               | CORP              | KR        |     43174 | NS      | $28440829.05  | 0.75%             |  |  |  | No            |                  2 | On Loan: No      |
| ST. JAMES'S PLACE PLC                                  | ST JAMES S PLACE PLC                | CUSIP: N/A<br>LEI: 213800M993ICXOMBCP87       | Long             | EC               | CORP              | GB        |   1398134 | NS      | $22778484.40  | 0.60%             |  |  |  | No            |                  2 | On Loan: No      |
| STORSKOGEN GROUP AB                                    | STORSKOGEN GROUP AB                 | CUSIP: W91106117<br>LEI: N/A                  | Long             | EC               | CORP              | SE        |   9184452 | NS      | $11021341.56  | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| ABC-MART,INC.                                          | ABC MART INC                        | CUSIP: N/A<br>LEI: 353800AXWW4CMTSJWL33       | Long             | EC               | CORP              | JP        |    631800 | NS      | $12980938.57  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| MAIRE S.P.A.                                           | MAIRE TECNIMONT SPA                 | CUSIP: N/A<br>LEI: 815600D85A61200A1B83       | Long             | EC               | CORP              | IT        |   1004394 | NS      | $13233472.40  | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| SOPRA STERIA GROUP SA                                  | SOPRA STERIA GROUP                  | CUSIP: N/A<br>LEI: 96950020QIOHAAK9V551       | Long             | EC               | CORP              | FR        |     95590 | NS      | $23303269.40  | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| KERRY PROPERTIES LIMITED                               | KERRY PROPERTIES LTD                | CUSIP: N/A<br>LEI: 5299006T5ULIIRZ7LK49       | Long             | EC               | CORP              | BM        |   3703500 | NS      | $9586472.86   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| SPIE SA                                                | SPIE SA                             | CUSIP: N/A<br>LEI: 969500TJNS5GSFWJ8X85       | Long             | EC               | CORP              | FR        |    570617 | NS      | $32081997.50  | 0.84%             |  |  |  | No            |                  2 | On Loan: No      |
| FINNING INTERNATIONAL INC.                             | FINNING INTERNATIONAL INC           | CUSIP: 318071404<br>LEI: 549300QLDCP11KB6XW55 | Long             | EC               | CORP              | CA        |    633021 | NS      | $27067040.70  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| SECURE WASTE INFRASTRUCTURE CORP                       | SECURE WASTE INFRASTRUCTURE         | CUSIP: 813921103<br>LEI: 894500UQR7AONHFERA55 | Long             | EC               | CORP              | CA        |   1205993 | NS      | $13790622.07  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Netcompany Group A/S                                   | NETCOMPANY GROUP AS                 | CUSIP: N/A<br>LEI: 5299006DEGAWX1Z1X779       | Long             | EC               | CORP              | DK        |    251819 | NS      | $10783156.16  | 0.28%             |  |  |  | Yes           |                  2 | On Loan: No      |
| Nippon Electric Glass Co., Ltd.                        | NIPPON ELECTRIC GLASS CO LTD        | CUSIP: N/A<br>LEI: 529900NCIGSAX4V03234       | Long             | EC               | CORP              | JP        |    520700 | NS      | $12356325.08  | 0.32%             |  |  |  | No            |                  2 | On Loan: —       |
| SANDFIRE RESOURCES LIMITED                             | SANDFIRE RESOURCES LTD              | CUSIP: N/A<br>LEI: 213800ZW52P23FVH1V47       | Long             | EC               | CORP              | AU        |   2126827 | NS      | $15797083.59  | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Euronext N.V.                                          | EURONEXT NV                         | CUSIP: N/A<br>LEI: 724500QJ4QSZ3H9QU415       | Long             | EC               | CORP              | NL        |    180377 | NS      | $30902217.10  | 0.81%             |  |  |  | Yes           |                  2 | On Loan: No      |
| BORALEX INC.                                           | BORALEX INC                         | CUSIP: 09950M300<br>LEI: 5493004UT7HNQU2SVR90 | Long             | EC               | CORP              | CA        |    534233 | NS      | $12414168.71  | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| BIPROGY Inc.                                           | BIPROGY INC                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    345900 | NS      | $14464089.15  | 0.38%             |  |  |  | No            |                  2 | On Loan: No      |
| TAG Immobilien AG                                      | TAG IMMOBILIEN AG                   | CUSIP: N/A<br>LEI: 529900TAE68USJNXLR59       | Long             | EC               | CORP              | DE        |   1417140 | NS      | $25268908.14  | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| FUJI CORPORATION                                       | FUJI CORP AICHI                     | CUSIP: N/A<br>LEI: 353800G4VS3QLM6BSX66       | Long             | EC               | CORP              | JP        |    700100 | NS      | $13032779.61  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| Sumitomo Bakelite Company Limited                      | SUMITOMO BAKELITE CO LTD            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |    416600 | NS      | $12019057.64  | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| ASCENDIS PHARMA A/S                                    | ASCENDIS PHARMA A S ADR             | CUSIP: 04351P101<br>LEI: 549300B66JN3W3J8GH73 | Long             |  | CORP              | DK        |     79819 | NS      | $13776759.40  | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| VERMILION ENERGY INC.                                  | VERMILION ENERGY INC                | CUSIP: 923725105<br>LEI: WT03B8BB1IX8WI9ZGV02 | Long             | EC               | CORP              | CA        |   1700410 | NS      | $12413392.63  | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |
| CONVATEC GROUP PLC                                     | CONVATEC GROUP PLC                  | CUSIP: N/A<br>LEI: 213800LS272L4FIDOH92       | Long             | EC               | CORP              | GB        |   4790757 | NS      | $18972968.45  | 0.50%             |  |  |  | Yes           |                  2 | On Loan: No      |
| ORICA LIMITED                                          | ORICA LTD                           | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | AU        |   1099633 | NS      | $14116538.48  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| MERLIN Properties SOCIMI, S.A.                         | MERLIN PROPERTIES SOCIMI SA         | CUSIP: N/A<br>LEI: 959800L8KD863DP30X04       | Long             | EC               | CORP              | ES        |   1767405 | NS      | $23298034.69  | 0.61%             |  |  |  | No            |                  2 | On Loan: No      |
| Yamaguchi Financial Group, Inc.                        | YAMAGUCHI FINANCIAL GROUP INC       | CUSIP: N/A<br>LEI: 353800898JPV95YSY548       | Long             | EC               | CORP              | JP        |   1697900 | NS      | $18269287.21  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| BRITISH LAND COMPANY PUBLIC LIMITED COMPANY(THE)       | BRITISH LAND CO PLC                 | CUSIP: N/A<br>LEI: RV5B68J2GV3QGMRPW209       | Long             | EC               | CORP              | GB        |   3166399 | NS      | $16431129.18  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| JB HI-FI LIMITED                                       | JB HI FI LTD                        | CUSIP: N/A<br>LEI: 529900TPC8H040Y3ZQ65       | Long             | EC               | CORP              | AU        |    352489 | NS      | $25608176.49  | 0.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Lundin Gold Inc.                                       | LUNDIN GOLD INC                     | CUSIP: 550371108<br>LEI: 549300ZOV16K515FC525 | Long             | EC               | CORP              | CA        |    329711 | NS      | $17410561.77  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CRANSWICK PLC                                          | CRANSWICK PLC                       | CUSIP: N/A<br>LEI: 549300LDZLPU51XOSK43       | Long             | EC               | CORP              | GB        |    205223 | NS      | $15071481.51  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| ELIS SA                                                | ELIS SA                             | CUSIP: N/A<br>LEI: 969500UX71LCE8MAY492       | Long             | EC               | CORP              | FR        |    863253 | NS      | $24764875.82  | 0.65%             |  |  |  | No            |                  2 | On Loan: No      |
| KANEKA CORPORATION                                     | KANEKA CORP                         | CUSIP: N/A<br>LEI: 529900FWWCF6RY313R16       | Long             | EC               | CORP              | JP        |    323800 | NS      | $8934807.00   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| ANRITSU CORPORATION                                    | ANRITSU CORP                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | JP        |   1075700 | NS      | $13908257.26  | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| JET2 PLC                                               | JET2 PLC                            | CUSIP: N/A<br>LEI: I72RQ3PNLDPW8R7JIJ56       | Long             | EC               | CORP              | GB        |    632352 | NS      | $16034474.33  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| CELESTICA INC.                                         | CELESTICA INC                       | CUSIP: 15101Q207<br>LEI: 549300J3CG5T6RZWLN53 | Long             | EC               | CORP              | CA        |    422537 | NS      | $66024509.49  | 1.73%             |  |  |  | No            |                  1 | On Loan: No      |
| EBARA CORPORATION                                      | EBARA CORP                          | CUSIP: N/A<br>LEI: 353800UV8U3SOMCDTI49       | Long             | EC               | CORP              | JP        |    890100 | NS      | $17071815.41  | 0.45%             |  |  |  | No            |                  2 | On Loan: No      |
| Colruyt Group NV                                       | COLRUYT GROUP N V                   | CUSIP: N/A<br>LEI: 5493000O0NZ1BCXO8K39       | Long             | EC               | CORP              | BE        |    298007 | NS      | $12894516.35  | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| PSP Swiss Property AG                                  | PSP SWISS PROPERTY AG               | CUSIP: N/A<br>LEI: 50670042Y437P8X44F56       | Long             | EC               | CORP              | CH        |    167137 | NS      | $30869523.99  | 0.81%             |  |  |  | No            |                  2 | On Loan: No      |
| NHK SPRING CO., LTD.                                   | NHK SPRING CO LTD                   | CUSIP: N/A<br>LEI: 35380033IJ3XRDV8VH57       | Long             | EC               | CORP              | JP        |   1356700 | NS      | $14773873.15  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| CLASSYS Inc.                                           | CLASSYS INC                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    466490 | NS      | $21627901.83  | 0.57%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** Victory Portfolios

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer