# EDGAR Filing Document

**Accession Number:** 0000745968
**File Stem:** 0000745968-26-000058
**Filing Date:** 2026-5
**Character Count:** 76268
**Document Hash:** 925bb7c1db1f6d88c12cfd14b4722450
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000745968-26-000058.hdr.sgml**: 20260522

**ACCESSION NUMBER**: 0000745968-26-000058

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260522

**DATE AS OF CHANGE**: 20260522

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Federated Hermes Equity Funds
- **CENTRAL INDEX KEY:** 0000745968

**ORGANIZATION NAME:**
- **EIN:** 251470423
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04017
- **FILM NUMBER:** 261011180

**BUSINESS ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561
- **BUSINESS PHONE:** 8003417400

**MAIL ADDRESS:**
- **STREET 1:** 4000 ERICSSON DRIVE
- **CITY:** WARRENDALE
- **STATE:** PA
- **ZIP:** 15086-7561

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED EQUITY FUNDS
- **DATE OF NAME CHANGE:** 20200616

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED HERMES EQUITY FUNDS
- **DATE OF NAME CHANGE:** 20200615

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERATED EQUITY FUNDS
- **DATE OF NAME CHANGE:** 19950810

## Series and Classes Contracts Data

### Federated Hermes MDT Small Cap Value Fund (Series ID: S000024784)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000073699 | Class A Shares       | VSFAX           |
| C000073700 | Class C Shares       | VSFCX           |
| C000073701 | Institutional Shares | VSFIX           |
| C000096922 | Class R Shares       | VSFRX           |
| C000168179 | Class R6 Shares      | VSFSX           |
| C000188321 | Class T Shares       |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Federated Hermes Equity Funds

- **b. Investment Company Act file number:** 811-04017

- **c. CIK number of Registrant:** 0000745968

- **d. LEI of Registrant:** 254900QLYYRKC7NVWP04

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

  - **Street Address 1:** Federated Hermes Funds

  - **City:** Warrendale

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 15086-7561

  - **Telephone number:** 8003417400

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

- **a. Name of Series:** Federated Hermes MDT Small Cap Value Fund f/k/a Federated Hermes Clover Small Value Fund

- **b. EDGAR series identifier (if any):** S000024784

- **c. LEI of Series:** 254900S0LSAF92Q6BC82

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

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**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:** $158716720.32

**Total Liabilities:** $8463177.82

**Net Assets:** $150253542.50

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000073699 | 4.92%                | 0.99%                | -4.91%               |
| Class ID C000073700 | 4.86%                | 0.91%                | -4.98%               |
| Class ID C000073701 | 4.95%                | 0.99%                | -4.90%               |
| Class ID C000096922 | 4.91%                | 0.98%                | -4.94%               |
| Class ID C000168179 | 4.94%                | 1.03%                | -4.89%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $196947.37               | $7500730.48                                |
| Month 2  | $-212812.33              | $1650623.59                                |
| Month 3  | $-1135682.82             | $-6909930.64                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Covista Inc                                  | Adtalem Global Education Inc                                  | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |      3130 | NS      | $360732.50    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegiant Travel Company                     | Allegiant Travel Co                                           | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |     16361 | NS      | $1325895.44   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| AMALGAMATED FINANCIAL CORP                   | Amalgamated Financial Corp                                    | CUSIP: 022671101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     35626 | NS      | $1384782.62   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Array Technologies Inc                       | Array Technologies Inc                                        | CUSIP: 04271T100<br>LEI: 549300JM5FECYJQ85V37 | Long             | EC               | CORP              | US        |     26160 | NS      | $189136.80    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ADTRAN Holdings Inc                          | ADTRAN Holdings Inc                                           | CUSIP: 00486H105<br>LEI: 549300VV36J86CRRWF77 | Long             | EC               | CORP              | US        |     49011 | NS      | $616558.38    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERISAFE Inc                                | AMERISAFE Inc                                                 | CUSIP: 03071H100<br>LEI: 2549002B4EXPBLGMNN22 | Long             | EC               | CORP              | US        |      4801 | NS      | $160017.33    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphastar Pharmaceuticals Inc                | Amphastar Pharmaceuticals Inc                                 | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |      7928 | NS      | $155309.52    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Bloomin Brands Inc                           | Bloomin' Brands Inc                                           | CUSIP: 094235108<br>LEI: E1UJ2GO305B5FXGV7N04 | Long             | EC               | CORP              | US        |    149713 | NS      | $808450.20    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Arvinas Inc                                  | Arvinas Inc                                                   | CUSIP: 04335A105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38564 | NS      | $408778.40    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| B&G Foods Inc                                | B&G Foods Inc                                                 | CUSIP: 05508R106<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | EC               | CORP              | US        |     34494 | NS      | $165916.14    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Artisan Partners Asset Management Inc.       | Artisan Partners Asset Management Inc                         | CUSIP: 04316A108<br>LEI: 549300T1FUI6JF63XU51 | Long             | EC               | CORP              | US        |     43363 | NS      | $1577979.57   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore Inc                                   | Atkore Inc                                                    | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |     14587 | NS      | $859320.17    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightView Holdings Inc.                     | BrightView Holdings Inc                                       | CUSIP: 10948C107<br>LEI: 549300F8QN8YHVI7L866 | Long             | EC               | CORP              | US        |     41755 | NS      | $492291.45    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group, Inc.                    | CNO Financial Group Inc                                       | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |     51891 | NS      | $2130644.46   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Cal-Maine Foods Inc                          | Cal-Maine Foods Inc                                           | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |      2275 | NS      | $180066.25    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp, Inc.                      | Customers Bancorp Inc                                         | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |     15352 | NS      | $1065582.32   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| BankUnited Inc.                              | BankUnited Inc                                                | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |     45266 | NS      | $2044212.56   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| BrightSpire Capital Inc                      | BrightSpire Capital Inc                                       | CUSIP: 10949T109<br>LEI: 549300BOIFLLMVU37752 | Long             | EC               | CORP              | US        |    146577 | NS      | $820831.20    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Azenta Inc                                   | Azenta Inc                                                    | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |     23046 | NS      | $486961.98    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Celcuity Inc.                                | Celcuity Inc                                                  | CUSIP: 15102K100<br>LEI: 25490070W7UU7W2SEY87 | Long             | EC               | CORP              | US        |      1919 | NS      | $219034.66    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| First Business Financial Services Inc.       | First Business Financial Services Inc                         | CUSIP: 319390100<br>LEI: 549300BXKLW2T50TKU95 | Long             | EC               | CORP              | US        |     23388 | NS      | $1261314.84   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluor Corporation                            | Fluor Corp                                                    | CUSIP: 343412102<br>LEI: CQ7WZ4NOFWT7FAE6Q943 | Long             | EC               | CORP              | US        |     37853 | NS      | $1765842.45   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma Inc                         | Bridgebio Pharma Inc                                          | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |      8243 | NS      | $612125.18    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Bumble Inc                                   | Bumble Inc                                                    | CUSIP: 12047B105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    127172 | NS      | $414580.72    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Grid Dynamics Holdings Inc.                  | Grid Dynamics Holdings Inc                                    | CUSIP: 39813G109<br>LEI: 9845007E77EEC65AZE29 | Long             | EC               | CORP              | US        |     77494 | NS      | $441715.80    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Griffon Corp                                 | Griffon Corp                                                  | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |      3304 | NS      | $240134.72    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Hertz Global Holdings Inc                    | Hertz Global Holdings Inc                                     | CUSIP: 42806J700<br>LEI: 549300NBK3K85MH1EX16 | Long             | EC               | CORP              | US        |     52617 | NS      | $242564.37    | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Indie Semiconductor Inc.                     | Indie Semiconductor Inc. CLASS A COM                          | CUSIP: 45569U101<br>LEI: 254900L1MFXFYGB1PV53 | Long             | EC               | CORP              | US        |     42187 | NS      | $135842.14    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| California Water Service Group               | California Water Service Group                                | CUSIP: 130788102<br>LEI: 529900QABDOBU6UVRQ36 | Long             | EC               | CORP              | US        |     17384 | NS      | $788190.56    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Cipher Digital Inc.                          | Cipher Mining Inc                                             | CUSIP: 17253J106<br>LEI: 254900QABG5HCQZ28A17 | Long             | EC               | CORP              | US        |     53428 | NS      | $687618.36    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Janux Therapeutics Inc                       | Janux Therapeutics Inc                                        | CUSIP: 47103J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26585 | NS      | $369531.50    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennametal Inc                               | Kennametal Inc                                                | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |      9562 | NS      | $345475.06    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| City Holding Co                              | City Holding Co                                               | CUSIP: 177835105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3183 | NS      | $380432.16    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| COPT Defense Properties                      | Corporate Office Properties Trust                             | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               |  | US        |     22804 | NS      | $697802.40    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| AMN Healthcare Services Inc                  | AMN Healthcare Services Inc                                   | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |     32035 | NS      | $587521.90    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury General Corporation                  | Mercury General Corp                                          | CUSIP: 589400100<br>LEI: 5493001Q9EXPCEL4W527 | Long             | EC               | CORP              | US        |     10427 | NS      | $919140.05    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Methode Electronics Inc.                     | Methode Electronics Inc                                       | CUSIP: 591520200<br>LEI: 529900VM413LGLUS3F07 | Long             | EC               | CORP              | US        |    126787 | NS      | $699864.24    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Auto Parts Inc.                      | Advance Auto Parts Inc                                        | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |     16566 | NS      | $873856.50    | 0.58%             |  |  |  | No            |                  1 | On Loan: —       |
| EnerSys                                      | EnerSys                                                       | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |      3041 | NS      | $528282.52    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust Inc.       | Essential Properties Realty Trust Inc                         | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |     64797 | NS      | $1967236.92   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Coeur Mining Inc                             | Coeur Mining Inc                                              | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |     46064 | NS      | $864621.28    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Corecivic Inc                                | CoreCivic Inc                                                 | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |     42866 | NS      | $810596.06    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Flagstar Bank NA                             | New York Community Bancorp Inc                                | CUSIP: 649445400<br>LEI: 529900HVXOTLY61GL030 | Long             | EC               | CORP              | US        |     94613 | NS      | $1246053.21   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| NLIGHT INC                                   | nLight Inc                                                    | CUSIP: 65487K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21629 | NS      | $1233285.58   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Apogee Enterprises Inc.                      | Apogee Enterprises Inc                                        | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               | CORP              | US        |     10943 | NS      | $367028.22    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Aquestive Therapeutics Inc                   | Aquestive Therapeutics Inc                                    | CUSIP: 03843E104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    144637 | NS      | $600243.55    | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Bank of Hawaii Corp                          | Bank of Hawaii Corp                                           | CUSIP: 062540109<br>LEI: 5493006Q8BQ8AD8M2U33 | Long             | EC               | CORP              | US        |      5993 | NS      | $444980.25    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Bird Corp.                              | Blue Bird Corp                                                | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |     12979 | NS      | $737077.41    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Oil And Gas, Inc.                   | Northern Oil and Gas Inc                                      | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |     38633 | NS      | $1129242.59   | 0.75%             |  |  |  | No            |                  1 | On Loan: —       |
| Omnicell Inc                                 | Omnicell Inc                                                  | CUSIP: 68213N109<br>LEI: 5493008RH0GTKHHPZI77 | Long             | EC               | CORP              | US        |      7799 | NS      | $260330.62    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Origin Bancorp Inc                           | Origin Bancorp Inc                                            | CUSIP: 68621T102<br>LEI: 54930055DO2Z4KO3NB45 | Long             | EC               | CORP              | US        |     17803 | NS      | $738112.38    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PAR Technology Corp.                         | PAR Technology Corp                                           | CUSIP: 698884103<br>LEI: 549300HYPTHBJQINVG57 | Long             | EC               | CORP              | US        |     45601 | NS      | $607861.33    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Extreme Networks Inc.                        | Extreme Networks Inc                                          | CUSIP: 30226D106<br>LEI: 549300WRECW11X94UB57 | Long             | EC               | CORP              | US        |     52647 | NS      | $793916.76    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Formfactor Inc                               | FormFactor Inc                                                | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |      2665 | NS      | $258478.35    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Emcor Group Inc                              | EMCOR Group Inc                                               | CUSIP: 29084Q100<br>LEI: 529900X0SQJB2J7YDU43 | Long             | EC               | CORP              | US        |       933 | NS      | $688843.23    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| FuelCell Energy Inc                          | FuelCell Energy Inc                                           | CUSIP: 35952H700<br>LEI: 549300SRU8020X1X9J22 | Long             | EC               | CORP              | US        |     58801 | NS      | $383970.53    | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Green Plains Inc                             | Green Plains Inc                                              | CUSIP: 393222104<br>LEI: VJ5WLTHARBSDR14KIZ98 | Long             | EC               | CORP              | US        |     16250 | NS      | $267312.50    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawaiian Electric Industries, Inc.           | Hawaiian Electric Industries Inc                              | CUSIP: 419870100<br>LEI: JJ8FWOCWCV22X7GUPJ23 | Long             | EC               | CORP              | US        |     14613 | NS      | $216856.92    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytokinetics Inc                             | Cytokinetics Inc                                              | CUSIP: 23282W605<br>LEI: 549300BE5DY1HW7IHA64 | Long             | EC               | CORP              | US        |      5531 | NS      | $364548.21    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc                       | Digi International Inc                                        | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |      8301 | NS      | $400108.20    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| NETSCOUT Systems Inc.                        | NetScout Systems Inc                                          | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |     16670 | NS      | $529939.30    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| OUTFRONT Media Inc                           | Outfront Media Inc                                            | CUSIP: 69007J304<br>LEI: 549300RZWDYU5722I639 | Long             | EC               | CORP              | US        |     46205 | NS      | $1224432.50   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Bed Bath & Beyond Inc.                       | Beyond Inc                                                    | CUSIP: 690370101<br>LEI: 549300ACR0DL9U7EI710 | Long             | EC               | CORP              | US        |     61684 | NS      | $286213.76    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| PetMed Express Inc.                          | PetMed Express Inc                                            | CUSIP: 716382106<br>LEI: 529900PGHW5ASJ1AZL48 | Long             | EC               | CORP              | US        |    116820 | NS      | $266349.60    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Teladoc Health Inc                           | Teladoc Health Inc                                            | CUSIP: 87918A105<br>LEI: 549300I2PVFBC9MFAC61 | Long             | EC               | CORP              | US        |     65986 | NS      | $359623.70    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Travere Therapeutics Inc                     | Travere Therapeutics Inc                                      | CUSIP: 89422G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13877 | NS      | $412285.67    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Fluence Energy Inc                           | Fluence Energy Inc                                            | CUSIP: 34379V103<br>LEI: 25490043LHZ97BT5PP29 | Long             | EC               | CORP              | US        |     38508 | NS      | $529870.08    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Construction Inc                     | Granite Construction Inc                                      | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |     11706 | NS      | $1403315.28   | 0.93%             |  |  |  | No            |                  1 | On Loan: —       |
| JELD-WEN Holding Inc.                        | JELD-WEN Holding Inc                                          | CUSIP: 47580P103<br>LEI: 529900AXX7CT9GZSCS30 | Long             | EC               | CORP              | US        |    255727 | NS      | $317101.48    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Sphere Entertainment Co.                     | Sphere Entertainment Co                                       | CUSIP: 55826T102<br>LEI: 254900ZW4JWKYRZZ9A91 | Long             | EC               | CORP              | US        |     13282 | NS      | $1559306.80   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Midland States Bancorp Inc                   | Midland States Bancorp Inc                                    | CUSIP: 597742105<br>LEI: 5493006RHXW9TTBWYC94 | Long             | EC               | CORP              | US        |     19546 | NS      | $436071.26    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corp                              | Murphy Oil Corp                                               | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |     32500 | NS      | $1340625.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Pitney Bowes Inc.                            | Pitney Bowes Inc                                              | CUSIP: 724479100<br>LEI: 549300N2O26NW4ST6W55 | Long             | EC               | CORP              | US        |     57231 | NS      | $632402.55    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co                                 | SM Energy Co                                                  | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |      4661 | NS      | $145329.98    | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Company                    | Commercial Metals Co                                          | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |     21985 | NS      | $1350538.55   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| EchoStar Corp                                | EchoStar Corp                                                 | CUSIP: 278768106<br>LEI: 549300EE20907QZ9GT38 | Long             | EC               | CORP              | US        |      5170 | NS      | $605251.90    | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Kelly Services Inc                           | Kelly Services Inc                                            | CUSIP: 488152208<br>LEI: 25490035B2ZPL6RM1974 | Long             | EC               | CORP              | US        |     24124 | NS      | $213497.40    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Kohl's Corp.                                 | Kohl's Corp                                                   | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               | CORP              | US        |     33207 | NS      | $428370.30    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Krispy Kreme Inc                             | Krispy Kreme Inc                                              | CUSIP: 50101L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    294920 | NS      | $999778.80    | 0.67%             |  |  |  | No            |                  1 | On Loan: —       |
| NEXTPOWER INC                                | NEXTracker Inc                                                | CUSIP: 65290E101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10333 | NS      | $1245643.15   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Trustmark Corp                               | Trustmark Corp                                                | CUSIP: 898402102<br>LEI: 5493000HPQ4D2RZ79739 | Long             | EC               | CORP              | US        |     47402 | NS      | $1997520.28   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Vaxcyte Inc                                  | Vaxcyte Inc                                                   | CUSIP: 92243G108<br>LEI: 254900M7NMHTGASX8D95 | Long             | EC               | CORP              | US        |      2357 | NS      | $136965.27    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Warrior Met Coal Inc                         | Warrior Met Coal Inc                                          | CUSIP: 93627C101<br>LEI: 549300152B1S9YKBYV79 | Long             | EC               | CORP              | US        |      4864 | NS      | $453081.60    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CUSHMAN & WAKEFIELD LTD                      | Cushman & Wakefield Ltd                                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |    101414 | NS      | $1243335.64   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| SiriusPoint Ltd                              | SiriusPoint Ltd                                               | CUSIP: 000000000<br>LEI: 549300OGXFI85N3YZZ51 | Long             | EC               | CORP              | BM        |     64214 | NS      | $1383169.56   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Pagseguro Digital Ltd                        | Pagseguro Digital Ltd                                         | CUSIP: 000000000<br>LEI: 391200VY4YW47I4HGH62 | Long             | EC               | CORP              | KY        |     11152 | NS      | $111743.04    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPRI HOLDINGS LTD                           | Capri Holdings Ltd                                            | CUSIP: 000000000<br>LEI: 549300LPG8W0H1OX3A26 | Long             | EC               | CORP              | VG        |     42520 | NS      | $749202.40    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Garrett Motion Inc                           | Garrett Motion Inc                                            | CUSIP: 366505105<br>LEI: 549300LS5WT7EMBNV724 | Long             | EC               | CORP              | US        |     79319 | NS      | $1441226.23   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Hyster-Yale Inc                              | Hyster-Yale Materials Handling Inc                            | CUSIP: 449172105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13140 | NS      | $427181.40    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Penguin Solutions Inc                        | Penguin Solutions Inc                                         | CUSIP: 706915105<br>LEI: 254900DVWIPOY3GJ8E23 | Long             | EC               | CORP              | US        |     55312 | NS      | $973491.20    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Phibro Animal Health Corporation             | Phibro Animal Health Corp                                     | CUSIP: 71742Q106<br>LEI: 549300U24SP4AF2JUX52 | Long             | EC               | CORP              | US        |     11148 | NS      | $616595.88    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Portland General Electric Company            | Portland General Electric Co                                  | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |     35125 | NS      | $1853546.25   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| The RMR Group Inc.                           | RMR Group Inc/The                                             | CUSIP: 74967R106<br>LEI: 549300JP4L34E48UJM16 | Long             | EC               | CORP              | US        |     46078 | NS      | $712826.66    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Peapack-Gladstone Financial Corp.            | Peapack Gladstone Financial Corp                              | CUSIP: 704699107<br>LEI: 549300G8DN2UK8K0ET30 | Long             | EC               | CORP              | US        |     16057 | NS      | $565366.97    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Polaris Inc.                                 | Polaris Inc                                                   | CUSIP: 731068102<br>LEI: 549300QJSN8UVWN1EI78 | Long             | EC               | CORP              | US        |     17745 | NS      | $967102.50    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Postal Realty Trust Inc                      | Postal Realty Trust Inc                                       | CUSIP: 73757R102<br>LEI: 5493007B7ZZSIJRGWC41 | Long             | EC               | CORP              | US        |     79120 | NS      | $1468467.20   | 0.98%             |  |  |  | No            |                  1 | On Loan: —       |
| QCR Holdings Inc                             | QCR Holdings Inc                                              | CUSIP: 74727A104<br>LEI: 549300MWKWM7KWJVQO33 | Long             | EC               | CORP              | US        |     10315 | NS      | $881416.75    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| OFG Bancorp                                  | OFG Bancorp                                                   | CUSIP: 67103X102<br>LEI: 549300Q4QEXJ37LEXQ06 | Long             | EC               | CORP              | PR        |     34910 | NS      | $1412458.60   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Mativ Holdings Inc                           | Mativ Holdings Inc                                            | CUSIP: 808541106<br>LEI: 549300Z1FU4IDULG1R21 | Long             | EC               | CORP              | US        |     80150 | NS      | $697305.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG RE Finance Trust Inc                     | TPG RE Finance Trust Inc                                      | CUSIP: 87266M107<br>LEI: N/A                  | Long             | EC               |  | US        |     24872 | NS      | $194250.32    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp                    | Taylor Morrison Home Corp                                     | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     13588 | NS      | $791365.12    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| ThredUP Inc.                                 | ThredUp Inc                                                   | CUSIP: 88556E102<br>LEI: 549300JKGKTKX3L3XK25 | Long             | EC               | CORP              | US        |     40917 | NS      | $134207.76    | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Prothena Corporation PLC                     | Prothena Corp PLC                                             | CUSIP: 000000000<br>LEI: 5299009ZXQ8NIIJ8OL30 | Long             | EC               | CORP              | IE        |     95968 | NS      | $932808.96    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Replimune Group Inc                          | Replimune Group Inc                                           | CUSIP: 76029N106<br>LEI: 549300AY704NEIRC4K64 | Long             | EC               | CORP              | US        |     24747 | NS      | $189314.55    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| H2O America                                  | SJW Group                                                     | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8665 | NS      | $508375.55    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Sierra Bancorp                               | Sierra Bancorp                                                | CUSIP: 82620P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17674 | NS      | $599502.08    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Texas Capital Bancshares, Inc.               | Texas Capital Bancshares Inc                                  | CUSIP: 88224Q107<br>LEI: 549300466Q2SXRX0YM48 | Long             | EC               | CORP              | US        |      6809 | NS      | $646037.92    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Aerogels Inc                           | Aspen Aerogels Inc                                            | CUSIP: 04523Y105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     67720 | NS      | $231602.40    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TruBridge, Inc.                              | Computer Programs and Systems Inc                             | CUSIP: 205306103<br>LEI: 5493005Q6CJC78TGL805 | Long             | EC               | CORP              | US        |     25792 | NS      | $377594.88    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Towne Bank/Portsmouth VA                     | Towne Bank/Portsmouth VA                                      | CUSIP: 89214P109<br>LEI: 54930039UO39UJGI7078 | Long             | EC               | CORP              | US        |     20947 | NS      | $705285.49    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultra Clean Holdings Inc                     | Ultra Clean Holdings Inc                                      | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |      7299 | NS      | $453851.82    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanda Pharmace Inc                           | Vanda Pharmaceuticals Inc                                     | CUSIP: 921659108<br>LEI: 529900AY8VOOQBKJ0O70 | Long             | EC               | CORP              | US        |     59338 | NS      | $410025.58    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolverine World Wide, Inc.                   | Wolverine World Wide Inc                                      | CUSIP: 978097103<br>LEI: 549300OVC7PK14LQ8D87 | Long             | EC               | CORP              | US        |     18859 | NS      | $307778.88    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Rogers Corp                                  | Rogers Corp                                                   | CUSIP: 775133101<br>LEI: PW0CN80KNFR7RUOOKJ84 | Long             | EC               | CORP              | US        |      4120 | NS      | $442199.60    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Talos Energy Inc                             | Talos Energy Inc                                              | CUSIP: 87484T108<br>LEI: 549300OKFHZ84SFJFT95 | Long             | EC               | CORP              | US        |     93954 | NS      | $1480715.04   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Western New England Bancorp Inc              | Western New England Bancorp Inc                               | CUSIP: 958892101<br>LEI: 549300Y8QE4EI2LP6B42 | Long             | EC               | CORP              | US        |     42715 | NS      | $552304.95    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| World Kinect Corporation                     | World Kinect Corp                                             | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |     11631 | NS      | $268327.17    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Viridian Therapeutics Inc                    | Viridian Therapeutics Inc                                     | CUSIP: 92790C104<br>LEI: 549300C775BNYF550E70 | Long             | EC               | CORP              | US        |     36952 | NS      | $722781.12    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Watts Water Technologies Inc.                | Watts Water Technologies Inc                                  | CUSIP: 942749102<br>LEI: 549300REJOO94ERQN318 | Long             | EC               | CORP              | US        |      1358 | NS      | $394213.82    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Adient PLC                                   | Adient PLC                                                    | CUSIP: 000000000<br>LEI: 5493002QLDY8O75RTR78 | Long             | EC               | CORP              | IE        |     34850 | NS      | $704318.50    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Wave Life Sciences Ltd.                      | Wave Life Sciences Ltd. SHS                                   | CUSIP: 000000000<br>LEI: 54930070006GPKFYZ813 | Long             | EC               | CORP              | SG        |     57279 | NS      | $415272.75    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Concrete Pumping Holdings Inc                | Concrete Pumping Holdings Inc                                 | CUSIP: 206704108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41837 | NS      | $298716.18    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Corsair Gaming Inc                           | Corsair Gaming Inc                                            | CUSIP: 22041X102<br>LEI: 549300Y7YT18L8G0H525 | Long             | EC               | CORP              | US        |     20602 | NS      | $114341.10    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| HB Fuller Co                                 | HB Fuller Co                                                  | CUSIP: 359694106<br>LEI: JSMX3Z5FOYM8V0Q52357 | Long             | EC               | CORP              | US        |      4453 | NS      | $274661.04    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Hancock Whitney Corporation                  | Hancock Whitney Corp                                          | CUSIP: 410120109<br>LEI: 549300GRNBWY8HIICT41 | Long             | EC               | CORP              | US        |      6138 | NS      | $390315.42    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Insurance Group Ltd.                | Hamilton Insurance Group Ltd                                  | CUSIP: 000000000<br>LEI: 549300W92BN1FIEXG871 | Long             | EC               | CORP              | BM        |     54947 | NS      | $1639069.01   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| HELEN OF TROY LTD                            | Helen of Troy Ltd                                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |     46734 | NS      | $673904.28    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Scorpio Tankers Inc                          | Scorpio Tankers Inc                                           | CUSIP: 000000000<br>LEI: 549300NVJUH16NXG8K87 | Long             | EC               | CORP              | MH        |      8544 | NS      | $637895.04    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPRO GROUP HOLDINGS NV                      | Expro Group Holdings NV                                       | CUSIP: 000000000<br>LEI: 724500LJYA8QIT73H017 | Long             | EC               | CORP              | NL        |     39994 | NS      | $696295.54    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Constellium SE                               | Constellium SE CL A SHS                                       | CUSIP: 000000000<br>LEI: 724500KRJEMC79KAAU28 | Long             | EC               | CORP              | FR        |     28638 | NS      | $703922.04    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| LEGENCE CORP                                 | Legence Corp                                                  | CUSIP: 52476L109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7635 | NS      | $431072.10    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| The Manitowoc Company, Inc.                  | Manitowoc Co Inc/The                                          | CUSIP: 563571405<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | EC               | CORP              | US        |     21612 | NS      | $251779.80    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Myriad Genetics Inc.                         | Myriad Genetics Inc                                           | CUSIP: 62855J104<br>LEI: 52990044IHUOUMETT163 | Long             | EC               | CORP              | US        |    229133 | NS      | $1031098.50   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| National Vision Holdings Inc                 | National Vision Holdings Inc                                  | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |     47706 | NS      | $1235585.40   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Neogen Corp                                  | Neogen Corp                                                   | CUSIP: 640491106<br>LEI: 549300HJT9FC36N4UW43 | Long             | EC               | CORP              | US        |    117579 | NS      | $1092308.91   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Northpointe Bancshares Inc                   | Northpointe Bancshares Inc                                    | CUSIP: 66661N886<br>LEI: 549300EYMKMD4WKEKP72 | Long             | EC               | CORP              | US        |     20172 | NS      | $348168.72    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X Inc                                      | V2X Inc                                                       | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16992 | NS      | $1163952.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ViaSat, Inc.                                 | Viasat Inc                                                    | CUSIP: 92552V100<br>LEI: UFC8NYMNFSYIHNSM2I38 | Long             | EC               | CORP              | US        |     33020 | NS      | $1512316.00   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Asgn Incorporated                            | ASGN Inc                                                      | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |     31542 | NS      | $1220990.82   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Dauch Corporation                            | American Axle & Manufacturing Holdings Inc                    | CUSIP: 024061103<br>LEI: 254900SMQY98VFKNCC32 | Long             | EC               | CORP              | US        |     66892 | NS      | $396669.56    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust                      | Brandywine Realty Trust                                       | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |    168870 | NS      | $457637.70    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Byline Bancorp Inc                           | Byline Bancorp Inc                                            | CUSIP: 124411109<br>LEI: 549300W7ODP4YL2H4823 | Long             | EC               | CORP              | US        |     60522 | NS      | $1910679.54   | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CNX Resources Corporation                    | CNX Resources Corp                                            | CUSIP: 12653C108<br>LEI: 549300JK3KH8PWM3B226 | Long             | EC               | CORP              | US        |     54097 | NS      | $2085439.35   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Consensus Cloud Solutions Inc                | Consensus Cloud Solutions Inc                                 | CUSIP: 20848V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15495 | NS      | $367851.30    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| El Pollo Loco Holdings Inc                   | El Pollo Loco Holdings Inc                                    | CUSIP: 268603107<br>LEI: 549300EZCBNF4G707K90 | Long             | EC               | CORP              | US        |     25162 | NS      | $348745.32    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Emergent Biosolutions Inc                    | Emergent BioSolutions Inc                                     | CUSIP: 29089Q105<br>LEI: 549300YW6TUOX8BE5103 | Long             | EC               | CORP              | US        |     54797 | NS      | $454815.10    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| FB Financial Corp.                           | FB Financial Corp                                             | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |     24118 | NS      | $1252688.92   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Corp                         | First Financial Corp                                          | CUSIP: 320218100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5888 | NS      | $372121.60    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| 4D Molecular Therapeutics Inc                | 4D Molecular Therapeutics Inc                                 | CUSIP: 35104E100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    105765 | NS      | $984672.15    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Fulton Financial Corporation                 | Fulton Financial Corp                                         | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EC               | CORP              | US        |     54744 | NS      | $1113492.96   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| American Healthcare REIT Inc.                | American Healthcare REIT Inc                                  | CUSIP: 398182303<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     84059 | NS      | $3964222.44   | 2.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Helix Energy Solutions Group Inc             | Helix Energy Solutions Group Inc                              | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |     69659 | NS      | $688927.51    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| ImmunityBio Inc                              | ImmunityBio Inc                                               | CUSIP: 45256X103<br>LEI: 529900J9XLBR4HFL4B83 | Long             | EC               | CORP              | US        |     24283 | NS      | $186250.61    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Independent Bank Corp/MI                     | Independent Bank Corp/MI                                      | CUSIP: 453838609<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38094 | NS      | $1268530.20   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Inogen Inc                                   | Inogen Inc                                                    | CUSIP: 45780L104<br>LEI: 549300J8WJIVTOJ8IH97 | Long             | EC               | CORP              | US        |     36114 | NS      | $223184.52    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Integra LifeSciences Holdings Corp           | Integra LifeSciences Holdings Corp                            | CUSIP: 457985208<br>LEI: WB7IJCYY8YFTENS4O147 | Long             | EC               | CORP              | US        |     45367 | NS      | $427357.14    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Intellia Therapeutics Inc                    | Intellia Therapeutics Inc                                     | CUSIP: 45826J105<br>LEI: 5493002T5BCPE5DZC723 | Long             | EC               | CORP              | US        |     50637 | NS      | $649166.34    | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| Jackson Financial Inc                        | Jackson Financial Inc                                         | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |     18541 | NS      | $1960154.52   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Lending Club Corporation                     | LendingClub Corp                                              | CUSIP: 52603A208<br>LEI: 549300YC50YO7Y1OJR92 | Long             | EC               | CORP              | US        |     33298 | NS      | $476827.36    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Lumen Technologies Inc                       | Lumen Technologies Inc                                        | CUSIP: 550241103<br>LEI: 8M3THTGWLTYZVE6BBY25 | Long             | EC               | CORP              | US        |     81584 | NS      | $567008.80    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Avista Corporation                           | Avista Corp                                                   | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |     17159 | NS      | $688762.26    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Blackbaud Inc                                | Blackbaud Inc                                                 | CUSIP: 09227Q100<br>LEI: 54930056X3HKFMNG3754 | Long             | EC               | CORP              | US        |      2274 | NS      | $87799.14     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Eyepoint Inc.                                | EyePoint Pharmaceuticals Inc                                  | CUSIP: 30233G209<br>LEI: 549300QE1RU34T50MR69 | Long             | EC               | CORP              | US        |     14648 | NS      | $188812.72    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Hecla Mining Company                         | Hecla Mining Company COM                                      | CUSIP: 422704106<br>LEI: 5493009Y6HOBZD1QD537 | Long             | EC               | CORP              | US        |     22717 | NS      | $423217.71    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| INDIVIOR PHARMACEUTICALS INC                 | Indivior Pharmaceuticals Inc                                  | CUSIP: 45579U109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38190 | NS      | $1164031.20   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Ironwood Pharmaceuticals Inc                 | Ironwood Pharmaceuticals Inc                                  | CUSIP: 46333X108<br>LEI: 549300PC8MR6QHH6P296 | Long             | EC               | CORP              | US        |    234792 | NS      | $824119.92    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| MGP Ingredients Inc.                         | MGP Ingredients Inc                                           | CUSIP: 55303J106<br>LEI: 2549006OMHFVZ4MS8538 | Long             | EC               | CORP              | US        |     73926 | NS      | $1359499.14   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| NB Bancorp Inc                               | NB Bancorp Inc                                                | CUSIP: 63945M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27651 | NS      | $582606.57    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmark Group Inc                            | Newmark Group Inc                                             | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74051 | NS      | $1110024.49   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Olema Pharmaceuticals Inc                    | Olema Pharmaceuticals Inc                                     | CUSIP: 68062P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14086 | NS      | $210022.26    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Patterson-UTI Energy Inc                     | Patterson-UTI Energy Inc                                      | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |     32137 | NS      | $348043.71    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Peabody Energy Corp.                         | Peabody Energy Corp                                           | CUSIP: 704551100<br>LEI: EJCO258LNNVSKAR2JX59 | Long             | EC               | CORP              | US        |     38688 | NS      | $1274769.60   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Medifast Inc                                 | Medifast Inc                                                  | CUSIP: 58470H101<br>LEI: 5299000YHQJ21T5KKI80 | Long             | EC               | CORP              | US        |     43553 | NS      | $443805.07    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Hermes Government Obligations Fund | Federated Hermes Government Obligations Fund                  | CUSIP: 608919718<br>LEI: 254900VAJ9169N7JRF45 | Long             | STIV             | RF                | US        |   2867776 | NS      | $2867775.60   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Preferred Bank                               | Preferred Bank/Los Angeles CA                                 | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |      6202 | NS      | $562459.38    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Skywest Inc                                  | SkyWest Inc                                                   | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |      5397 | NS      | $495606.51    | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyward Specialty Insurance Group Inc        | Skyward Specialty Insurance Group Inc                         | CUSIP: 830940102<br>LEI: 549300GXGXJG0YH4VN21 | Long             | EC               | CORP              | US        |     16521 | NS      | $721637.28    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| TTEC Holdings Inc.                           | TTEC Holdings Inc                                             | CUSIP: 89854H102<br>LEI: GTJS1N8S8I28A7L4WG97 | Long             | EC               | CORP              | US        |    184399 | NS      | $460997.50    | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Northwest Natural Holding Co                 | Northwest Natural Holding Co                                  | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |      7510 | NS      | $399682.20    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Oil States International, Inc.               | Oil States International Inc                                  | CUSIP: 678026105<br>LEI: 5493004TF4KQJGMYL777 | Long             | EC               | CORP              | US        |     29706 | NS      | $345777.84    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Victorias Secret and Co                      | Victoria's Secret & Co                                        | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |     13513 | NS      | $626462.68    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| COSTAMARE INC                                | Costamare Inc                                                 | CUSIP: 000000000<br>LEI: 5299003L6NPTZ25LN818 | Long             | EC               | CORP              | MH        |     11949 | NS      | $201938.10    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE Gas, Inc.                                | ONE Gas Inc                                                   | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |     20693 | NS      | $1782288.09   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| OTTER TAIL CORP                              | Otter Tail Corp                                               | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     12857 | NS      | $1128458.89   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| PBF Energy Inc                               | PBF Energy Inc                                                | CUSIP: 69318G106<br>LEI: 2549003PBEDCSZMZIY02 | Long             | EC               | CORP              | US        |     18254 | NS      | $869255.48    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Therapeutics, Inc.                       | PTC Therapeutics Inc                                          | CUSIP: 69366J200<br>LEI: 549300UJLWOIWFDGB318 | Long             | EC               | CORP              | US        |     11816 | NS      | $805024.08    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Peoples Bancorp Inc/OH                       | Peoples Bancorp Inc/OH                                        | CUSIP: 709789101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17244 | NS      | $566810.28    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| PERIMETER SOLUTIONS INC                      | Perimeter Solutions Inc                                       | CUSIP: 71385M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17129 | NS      | $418290.18    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp.                      | Primoris Services Corp                                        | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |      9704 | NS      | $1388060.16   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| SSR Mining Inc                               | SSR Mining Inc                                                | CUSIP: 784730103<br>LEI: 549300JD2KR7AB9DYJ38 | Long             | EC               | CORP              | CA        |     59074 | NS      | $1736775.60   | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| EW Scripps Co/The                            | EW Scripps Co/The                                             | CUSIP: 811054402<br>LEI: 549300U1OW41QPKYW028 | Long             | EC               | CORP              | US        |    147635 | NS      | $549202.20    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SEPTERNA INC                                 | Septerna Inc                                                  | CUSIP: 81734D104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14676 | NS      | $352664.28    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Missouri Bancorp Inc                | Southern Missouri Bancorp Inc                                 | CUSIP: 843380106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7200 | NS      | $460368.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Tanger Inc.                                  | Tanger Factory Outlet Centers Inc                             | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |     28175 | NS      | $957386.50    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp.                          | UMB Financial Corp                                            | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |      8243 | NS      | $929727.97    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Unisys Corp.                                 | Unisys Corp                                                   | CUSIP: 909214306<br>LEI: 549300T21W22FIJJOW08 | Long             | EC               | CORP              | US        |     88142 | NS      | $182453.94    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Victory Capital Holdings, Inc.               | Victory Capital Holdings Inc                                  | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               | CORP              | US        |      1772 | NS      | $116030.56    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabash National Corporation                  | Wabash National Corp                                          | CUSIP: 929566107<br>LEI: 5299004ZAWHQZI5XO485 | Long             | EC               | CORP              | US        |     74027 | NS      | $638112.74    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| FERROGLOBE REP + WRNTY INS TRU               | FERROGLOBE REP + WRNTY INS TRU NON TRANSFERABLE BENE INT UNIT | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    259575 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Whitestone REIT                              | Whitestone REIT                                               | CUSIP: 966084204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26868 | NS      | $433918.20    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Dole PLC                                     | Dole PLC                                                      | CUSIP: 000000000<br>LEI: 635400JUG5XJXOPPJJ47 | Long             | EC               | CORP              | IE        |     42194 | NS      | $602952.26    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ARDMORE SHIPPING CORP                        | Ardmore Shipping Corp                                         | CUSIP: 000000000<br>LEI: 549300J8HD7K6BHD8O28 | Long             | EC               | CORP              | MH        |     85585 | NS      | $1305171.25   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-22

**Name of Applicant:** Federated Hermes Equity Funds

**Signature:** Stephen Van Meter

**Name of Signer:** Federated Hermes Equity Funds

**Title:** Chief Compliance Officer