# EDGAR Filing Document

**Accession Number:** 0001547580
**File Stem:** 0001752724-25-210029
**Filing Date:** 2025-8
**Character Count:** 152347
**Document Hash:** 731ab5e38b3b459ff64c7f97a308de9b
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-210029.hdr.sgml**: 20250828

**ACCESSION NUMBER**: 0001752724-25-210029

**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 II
- **CENTRAL INDEX KEY:** 0001547580

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22696
- **FILM NUMBER:** 251268200

**BUSINESS ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD, 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144
- **BUSINESS PHONE:** 216-898-2411

**MAIL ADDRESS:**
- **STREET 1:** 4900 TIEDEMAN ROAD, 4TH FLOOR
- **CITY:** BROOKLYN
- **STATE:** OH
- **ZIP:** 44144

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Compass EMP Funds Trust
- **DATE OF NAME CHANGE:** 20120417

## Series and Classes Contracts Data

### Victory Market Neutral Income Fund (Series ID: S000037769)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000116490 | Class A      | CBHAX           |
| C000116492 | Class C      | CBHCX           |
| C000116493 | Class I      | CBHIX           |
| C000219860 | Member Class | CBHMX           |

## 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 II

- **b. Investment Company Act file number:** 811-22696

- **c. CIK number of Registrant:** 0001547580

- **d. LEI of Registrant:** 5493002SUQLUY3T5P040

- **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 Market Neutral Income Fund

- **b. EDGAR series identifier (if any):** S000037769

- **c. LEI of Series:** 549300K0CUZCEEMBX789

**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:** $2636372388.17

**Total Liabilities:** $18172638.33

**Net Assets:** $2618199749.84

**Cash Not Reported:** $216228453.50

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000116493 | 1.10%                | 1.11%                | -0.17%               |
| Class ID C000219860 | 1.10%                | 1.11%                | -0.18%               |
| Class ID C000116490 | 0.96%                | 1.10%                | -0.09%               |
| Class ID C000116492 | 1.04%                | 0.94%                | -0.16%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $19416574.72             | $-40634302.69                              |
| Month 2  | $818403.91               | $61815809.07                               |
| Month 3  | $-131790.56              | $63200901.48                               |

**Designated Index Information**

- **Index Name:** Securities Portfolio

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                       | Title                                         | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| KEYERA CORP.                                               | KEYERA CORP                                   | CUSIP: 493271100<br>LEI: 254900LXI62FUHZGH122 | Long             | EC               | CORP              | CA        |    232365 | NS      | $7601011.38   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| WESBANCO, INC.                                             | WESBANCO INC                                  | CUSIP: 950810101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72720 | NS      | $2300133.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED BANKSHARES, INC.                                    | UNITED BANKSHARES INC                         | CUSIP: 909907107<br>LEI: 5299005O3BAMJ9Z92V62 | Long             | EC               | CORP              | US        |    189174 | NS      | $6891608.82   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| NMDC LIMITED                                               | NMDC LTD                                      | CUSIP: N/A<br>LEI: 335800IXHXOHQ7B2HP66       | Long             | EC               | CORP              | IN        |   4403232 | NS      | $3596874.96   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| HEWLETT PACKARD ENTERPRISE COMPANY                         | HEWLETT PACKARD ENTERPRISES CO                | CUSIP: 42824C109<br>LEI: 549300BX44RGX6ANDV88 | Long             | EC               | CORP              | US        |    301183 | NS      | $6159192.35   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| THE PNC FINANCIAL SERVICES GROUP, INC.                     | PNC FINANCIAL SERVICES GROUP INC              | CUSIP: 693475105<br>LEI: CFGNEKW0P8842LEUIA51 | Long             | EC               | CORP              | US        |     31607 | NS      | $5892176.94   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| CK INFRASTRUCTURE HOLDINGS LIMITED                         | CK INFRASTRUCTURE HOLDINGS LTD                | CUSIP: N/A<br>LEI: 5299005U11RQ1C27MR12       | Long             | EC               | CORP              | BM        |    825000 | NS      | $5463531.04   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| THE GREENBRIER COMPANIES, INC.                             | GREENBRIER COS INC THE                        | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |    106157 | NS      | $4888529.85   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| PROVIDENT FINANCIAL SERVICES, INC.                         | PROVIDENT FINANCIAL SVCS                      | CUSIP: 74386T105<br>LEI: 529900JOSO3SXEDVE477 | Long             | EC               | CORP              | US        |    108758 | NS      | $1906527.74   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Svenska Handelsbanken AB                                   | SVENSKA HANDELSBANKEN AB                      | CUSIP: N/A<br>LEI: NHBDILHZTYCNBV5UYZ31       | Long             | EC               | CORP              | SE        |    177491 | NS      | $2377101.93   | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| MEDTRONIC PUBLIC LIMITED COMPANY                           | MEDTRONIC PLC                                 | CUSIP: G5960L103<br>LEI: 549300GX3ZBSQWUXY261 | Long             | EC               | CORP              | IE        |     79144 | NS      | $6898982.48   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEFONICA BRASIL S.A                                      | TELEFONICA BRASIL SA                          | CUSIP: N/A<br>LEI: 529900MTGG2HSDBIWG79       | Long             | EC               | CORP              | BR        |    947600 | NS      | $5387995.66   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Evonik Industries AG                                       | EVONIK INDUSTRIES AG                          | CUSIP: N/A<br>LEI: 41GUOJQTALQHLF39XJ34       | Long             | EC               | CORP              | DE        |    266456 | NS      | $5503902.50   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Xerox Holdings Corp                                        | XEROX HOLDINGS CORP                           | CUSIP: 98421M106<br>LEI: 5493000Y33XDVO2CXC18 | Long             | EC               | CORP              | US        |    460633 | NS      | $2427535.91   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| AVIENT CORPORATION                                         | AVIENT CORP                                   | CUSIP: 05368V106<br>LEI: SM8L9RZYIB34LNTWO040 | Long             | EC               | CORP              | US        |    175854 | NS      | $5681842.74   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| INDUSTRIAL AND COMMERCIAL BANK OF CHINA LIMITED            | INDUSTRIAL COMMERCIAL BANK OF CHINA LTD       | CUSIP: N/A<br>LEI: 5493002ERZU2K9PZDL40       | Long             | EC               | CORP              | CN        |   6193000 | NS      | $4917744.21   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| STEVEN MADDEN, LTD.                                        | STEVEN MADDEN LTD                             | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |    261375 | NS      | $6267772.50   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| HINDUSTAN PETROLEUM CORPORATION LIMITED                    | HINDUSTAN PETROLEUM CORP LTD                  | CUSIP: N/A<br>LEI: 335800DWLXIP7HFFY564       | Long             | EC               | CORP              | IN        |    961050 | NS      | $4911506.48   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| ASSOCIATED BANC-CORP                                       | ASSOCIATED BANC CORP                          | CUSIP: 045487105<br>LEI: 549300N3CIN473IW5094 | Long             | EC               | CORP              | US        |    303140 | NS      | $7393584.60   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Synnex Technology International Corp.                      | SYNNEX TECHNOLOGY INTERNATIONAL CORP          | CUSIP: N/A<br>LEI: 529900GMBJ3R4A2WBC71       | Long             | EC               | CORP              | TW        |   2891000 | NS      | $6372473.12   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| ABSA GROUP LIMITED                                         | ABSA GROUP LTD                                | CUSIP: N/A<br>LEI: 2138006IPPRD4N6XLT30       | Long             | EC               | CORP              | ZA        |    732737 | NS      | $7296340.33   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| Gold Fields Limited                                        | GOLD FIELDS LTD                               | CUSIP: N/A<br>LEI: 5299003KXIBJQYCBBD72       | Long             | EC               | CORP              | ZA        |    137160 | NS      | $3249292.14   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Kuehne + Nagel International AG                            | KUEHNE NAGEL INTL                             | CUSIP: N/A<br>LEI: 529900Q0YED3805QXQ66       | Long             | EC               | CORP              | CH        |     21400 | NS      | $4636059.03   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| FIRST HAWAIIAN, INC.                                       | FIRST HAWAIIAN INC                            | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |    255797 | NS      | $6384693.12   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Far EasTone Telecommunications Co., Ltd.                   | FAR EASTONE TELECOMMUNICATIONS CO LTD         | CUSIP: N/A<br>LEI: 529900L7W7BWDLVZL253       | Long             | EC               | CORP              | TW        |   2381000 | NS      | $7300116.55   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| INDEPENDENT BANK CORP.                                     | INDEPENDENT BANK CORP                         | CUSIP: 453836108<br>LEI: 549300C5K3W8THR3GE10 | Long             | EC               | CORP              | US        |    108777 | NS      | $6840441.65   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| GOLDEN OCEAN GROUP LIMITED.                                | GOLDEN OCEAN GROUP LTD                        | CUSIP: G39637205<br>LEI: 549300HQH91CZG0OJL61 | Long             | EC               | CORP              | BM        |    439747 | NS      | $3218948.04   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ CORPORATION                                            | LKQ CORPORATION                               | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |    152674 | NS      | $5650464.74   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| M&T BANK CORPORATION                                       | M T BANK CORP                                 | CUSIP: 55261F104<br>LEI: 549300WYXDDBYRASEG81 | Long             | EC               | CORP              | US        |     25804 | NS      | $5005717.96   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| MediaTek Inc.                                              | MEDIATEK INC                                  | CUSIP: N/A<br>LEI: 254900UEGBK1I4DM4E14       | Long             | EC               | CORP              | TW        |     79000 | NS      | $3385623.48   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| FDJ UNITED                                                 | FDJ UNITED                                    | CUSIP: N/A<br>LEI: 969500R4CLSQFTYYI535       | Long             | EC               | CORP              | FR        |    106763 | NS      | $4188884.43   | 0.16%             |  |  |  | Yes           |                  2 | On Loan: No      |
| TIM S.A.                                                   | TIM SA BRAZIL                                 | CUSIP: N/A<br>LEI: 529900QI0CH1DN5ZCS77       | Long             | EC               | CORP              | BR        |   2303900 | NS      | $9350966.37   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| NOBLE CORPORATION PLC                                      | NOBLE CORP PLC                                | CUSIP: G65431127<br>LEI: 549300I3HBUNXO0OG954 | Long             | EC               | CORP              | GB        |    259684 | NS      | $6894610.20   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| WEBSTER FINANCIAL CORPORATION                              | WEBSTER FINANCIAL CORP                        | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |     29650 | NS      | $1618890.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| BHARAT PETROLEUM CORPORATION LIMITED                       | BHARAT PETROLEUM CORP LTD                     | CUSIP: N/A<br>LEI: 8GRDBX1TJ0PU5NCSHT72       | Long             | EC               | CORP              | IN        |   1473367 | NS      | $5705708.29   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| PT Alamtri Resources Indonesia Tbk                         | ALAMTRI RESOURCES INDONESIA TB                | CUSIP: N/A<br>LEI: 529900P2WAH7XA87OI24       | Long             | EC               | CORP              | ID        |  26118000 | NS      | $2949477.74   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| PHINIA INC.                                                | PHINIA INC                                    | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |    120363 | NS      | $5354949.87   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| QUANTA COMPUTER INC.                                       | QUANTA COMPUTER INC                           | CUSIP: N/A<br>LEI: 529900DE8BIV3XOXIK04       | Long             | EC               | CORP              | TW        |    359000 | NS      | $3377465.07   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| NORTHERN TRUST CORPORATION                                 | NORTHERN TRUST CORP                           | CUSIP: 665859104<br>LEI: 549300GLF98S992BC502 | Long             | EC               | CORP              | US        |     71884 | NS      | $9114172.36   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| China Merchants Bank Co., Ltd.                             | CHINA MERCHANTS BANK CO LTD                   | CUSIP: N/A<br>LEI: 549300MKO5B60FFIHF58       | Long             | EC               | CORP              | CN        |    536000 | NS      | $3760139.07   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| AVIVA PLC                                                  | AVIVA PLC                                     | CUSIP: N/A<br>LEI: YF0Y5B0IB8SM0ZFG9G81       | Long             | EC               | CORP              | GB        |   1089421 | NS      | $9260279.52   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| Suncor Energy Inc.                                         | SUNCOR ENERGY INC                             | CUSIP: 867224107<br>LEI: 549300W70ZOQDVLCHY06 | Long             | EC               | CORP              | CA        |    114294 | NS      | $4281827.95   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| DNB BANK ASA                                               | DNB BANK ASA                                  | CUSIP: N/A<br>LEI: 549300GKFG0RYRRQ1414       | Long             | EC               | CORP              | NO        |    320665 | NS      | $8871815.34   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| DOLLAR GENERAL CORPORATION                                 | DOLLAR GENERAL CORP                           | CUSIP: 256677105<br>LEI: OPX52SQVOZI8IVSWYU66 | Long             | EC               | CORP              | US        |     42967 | NS      | $4914565.46   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC ENERGY GROUP INC.                                      | WEC ENERGY GROUP                              | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     73370 | NS      | $7645154.00   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| China Shenhua Energy Company Limited                       | CHINA SHENHUA ENERGY CO LTD                   | CUSIP: N/A<br>LEI: 529900N9JOX4C108MA40       | Long             | EC               | CORP              | CN        |   1675500 | NS      | $6511049.95   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Enbridge Inc.                                              | ENBRIDGE INC                                  | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |    183643 | NS      | $8328404.27   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| STRATEGIC EDUCATION, INC.                                  | STRATEGIC EDUCATION INC                       | CUSIP: 86272C103<br>LEI: 2549002UYIM8Q5EC8H36 | Long             | EC               | CORP              | US        |     50383 | NS      | $4289104.79   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| PFIZER INC.                                                | PFIZER INC                                    | CUSIP: 717081103<br>LEI: 765LHXWGK1KXCLTFYQ30 | Long             | EC               | CORP              | US        |    243582 | NS      | $5904427.68   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| TATNEFT PJSC                                               | TATNEFT PJSC                                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | RU        |    827565 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| KLABIN S.A.                                                | KLABIN SA UNIT                                | CUSIP: N/A<br>LEI: 254900C8UYA6YUPSDU10       | Long             |  | CORP              | BR        |   2108200 | NS      | $7159660.94   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| DOW INC.                                                   | DOW INC                                       | CUSIP: 260557103<br>LEI: 5493003S21INSLK2IP73 | Long             | EC               | CORP              | US        |    200380 | NS      | $5306062.40   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSOLIDATED EDISON, INC.                                  | CONSOLIDATED EDISON INC                       | CUSIP: 209115104<br>LEI: 54930033SBW53OO8T749 | Long             | EC               | CORP              | US        |     70850 | NS      | $7109797.50   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Energizer Holdings, Inc.                                   | ENERGIZER HOLDINGS INC                        | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               | CORP              | US        |    220262 | NS      | $4440481.92   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF HAWAII CORPORATION                                 | BANK OF HAWAII CORP                           | CUSIP: 062540109<br>LEI: 5493006Q8BQ8AD8M2U33 | Long             | EC               | CORP              | US        |     81473 | NS      | $5501871.69   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| X5 RETAIL GROUP NV                                         | X5 RETAIL GROUP NV                            | CUSIP: 98387E205<br>LEI: N/A                  | Long             |  | CORP              | RU        |    201753 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| CISCO SYSTEMS, INC.                                        | CISCO SYSTEMS INC                             | CUSIP: 17275R102<br>LEI: 549300LKFJ962MZ46593 | Long             | EC               | CORP              | US        |    124838 | NS      | $8661260.44   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| STANDARD BANK GROUP LIMITED                                | STANDARD BANK GROUP LTD                       | CUSIP: N/A<br>LEI: 2549003PEZXUT7MDBU41       | Long             | EC               | CORP              | ZA        |    631290 | NS      | $8108985.49   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| FIDELITY NATIONAL FINANCIAL, INC.                          | FIDELITY NATIONAL FINANCIAL                   | CUSIP: 31620R303<br>LEI: 549300CAZYIH39SYQ287 | Long             | EC               | CORP              | US        |    123042 | NS      | $6897734.52   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST FINANCIAL BANCORP.                                   | FIRST FINANCIAL BANCORP                       | CUSIP: 320209109<br>LEI: 549300D3F5B3EZMY7P77 | Long             | EC               | CORP              | US        |    199343 | NS      | $4836061.18   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco do Brasil S.A.                                       | BANCO DO BRASIL SA                            | CUSIP: N/A<br>LEI: QE0Q0253K88YAGNPE356       | Long             | EC               | CORP              | BR        |   2402800 | NS      | $9770068.66   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| PHOENIX GROUP HOLDINGS PLC                                 | PHOENIX GROUP HOLDINGS PLC                    | CUSIP: N/A<br>LEI: 2138001P49OLAEU33T68       | Long             | EC               | CORP              | GB        |    697025 | NS      | $6304928.90   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| MOELIS & COMPANY                                           | MOELIS CO CLASS A                             | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     39427 | NS      | $2457090.64   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA HONGQIAO GROUP LIMITED                               | CHINA HONGQIAO GROUP LTD                      | CUSIP: N/A<br>LEI: 3003009Q4IBFSDE24571       | Long             | EC               | CORP              | KY        |   1438500 | NS      | $3312398.73   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| FIRST HORIZON CORPORATION                                  | FIRST HORIZON CORP                            | CUSIP: 320517105<br>LEI: TF3RXI1ZB1TQ30H9JV10 | Long             | EC               | CORP              | US        |    108578 | NS      | $2301853.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| WORLD KINECT CORPORATION                                   | WORLD KINECT CORP                             | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |    227094 | NS      | $6438114.90   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| WILMAR INTERNATIONAL LIMITED                               | WILMAR INTERNATIONAL LTD                      | CUSIP: N/A<br>LEI: 549300H2EAI4YRLWBB20       | Long             | EC               | CORP              | SG        |   2114400 | NS      | $4773915.25   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| TXNM Energy, Inc.                                          | TXNM ENERGY INC                               | CUSIP: 69349H107<br>LEI: 5493003JOBJGLZSDDQ28 | Long             | EC               | CORP              | US        |    191197 | NS      | $10768215.04  | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST MERCHANTS CORPORATION                                | FIRST MERCHANTS CORP                          | CUSIP: 320817109<br>LEI: TZTBT0OTGQ2FEK6XMX94 | Long             | EC               | CORP              | US        |    115454 | NS      | $4421888.20   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CALIFORNIA RESOURCES CORPORATION                           | CALIFORNIA RESOURCES CORP                     | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |    142918 | NS      | $6527065.06   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| POWER GRID CORPORATION OF INDIA LIMITED                    | POWER GRID CORP OF INDIA LTD                  | CUSIP: N/A<br>LEI: 3358009SHWZ3DZEQ4Z56       | Long             | EC               |  | IN        |   1922420 | NS      | $6719531.04   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Evergy, Inc.                                               | EVERGY INC                                    | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |    148477 | NS      | $10234519.61  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| UNI-PRESIDENT ENTERPRISES CORP.                            | UNI PRESIDENT ENTERPRISES CORP                | CUSIP: N/A<br>LEI: 254900DAXBDMVEXU5959       | Long             | EC               | CORP              | TW        |   2541000 | NS      | $7044607.26   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| Yamaha Motor Co., Ltd.                                     | YAMAHA MOTOR CO LTD                           | CUSIP: N/A<br>LEI: 3538004LR5NXILJDHY88       | Long             | EC               | CORP              | JP        |    345400 | NS      | $2584923.03   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Repsol S.A.                                                | REPSOL SA                                     | CUSIP: N/A<br>LEI: BSYCX13Y0NOTV14V9N85       | Long             | EC               | CORP              | ES        |    436946 | NS      | $6390134.55   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| VEDANTA LIMITED                                            | VEDANTA LTD                                   | CUSIP: N/A<br>LEI: 335800XDKX9KB5EMCO07       | Long             | EC               | CORP              | IN        |    998046 | NS      | $5374337.33   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Spire Inc.                                                 | SPIRE INC                                     | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |    160717 | NS      | $11730733.83  | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| PEMBINA PIPELINE CORPORATION                               | PEMBINA PIPELINE CORP                         | CUSIP: 706327103<br>LEI: 5493002W3L9YICM6FU21 | Long             | EC               | CORP              | CA        |    177422 | NS      | $6662446.28   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| PT Telkom Indonesia (Persero) Tbk                          | TELKOM INDONESIA PERSERO                      | CUSIP: N/A<br>LEI: 529900M5SQZAOKV1PC81       | Long             | EC               | CORP              | ID        |  38978900 | NS      | $6670625.40   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| THE KRAFT HEINZ COMPANY                                    | KRAFT HEINZ CO THE                            | CUSIP: 500754106<br>LEI: 9845007488EC87F5AF14 | Long             | EC               | CORP              | US        |    173579 | NS      | $4481809.78   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| RENAULT SA                                                 | RENAULT SA                                    | CUSIP: N/A<br>LEI: 969500F7JLTX36OUI695       | Long             | EC               | CORP              | FR        |     85086 | NS      | $3925795.53   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| BOSIDENG INTERNATIONAL HOLDINGS LIMITED                    | BOSIDENG INTERNATIONAL HOLDINGS LTD           | CUSIP: N/A<br>LEI: 254900G7F1RDM4B3S169       | Long             | EC               | CORP              | KY        |   6816000 | NS      | $4039755.89   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| SEVERSTAL PJSC                                             | SEVERSTAL PJSC                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | RU        |    223944 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| OMV Aktiengesellschaft                                     | OMV AG                                        | CUSIP: N/A<br>LEI: 549300V62YJ9HTLRI486       | Long             | EC               | CORP              | AT        |    132385 | NS      | $7198335.38   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| FULTON FINANCIAL CORPORATION                               | FULTON FINANCIAL CORP                         | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EC               | CORP              | US        |    447862 | NS      | $8079430.48   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| SCB X PUBLIC COMPANY LIMITED                               | SCB X PCL                                     | CUSIP: N/A<br>LEI: 254900TG41KIWX7VDO42       | Long             | EC               | CORP              | TH        |   3466500 | NS      | $12536793.49  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| ONE GAS, INC.                                              | ONE GAS INC                                   | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |    134297 | NS      | $9650582.42   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| HF SINCLAIR CORPORATION                                    | HF SINCLAIR CORP                              | CUSIP: 403949100<br>LEI: 2549009G116AM01XHN24 | Long             | EC               | CORP              | US        |     67418 | NS      | $2769531.44   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Endesa, Sociedad Anonima                                   | ENDESA SA                                     | CUSIP: N/A<br>LEI: 549300LHK07F2CHV4X31       | Long             | EC               | CORP              | ES        |    257668 | NS      | $8163124.98   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| DARDEN RESTAURANTS, INC.                                   | DARDEN RESTAURANTS INC                        | CUSIP: 237194105<br>LEI: CY1NFSCCB5GUXC7WZC70 | Long             | EC               | CORP              | US        |     34304 | NS      | $7477242.88   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| VERIZON COMMUNICATIONS INC.                                | VERIZON COMMUNICATIONS INC                    | CUSIP: 92343V104<br>LEI: 2S72QS2UO2OESLG6Y829 | Long             | EC               | CORP              | US        |    163575 | NS      | $7077890.25   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| ENGIE SA                                                   | ENGIE                                         | CUSIP: N/A<br>LEI: LAXUQCHT4FH58LRZDY46       | Long             | EC               | CORP              | FR        |    429444 | NS      | $10091851.71  | 0.39%             |  |  |  | No            |                  2 | On Loan: No      |
| ARTISAN PARTNERS ASSET MANAGEMENT INC.                     | ARTISAN PARTNERS ASSET MA A                   | CUSIP: 04316A108<br>LEI: 549300T1FUI6JF63XU51 | Long             | EC               | CORP              | US        |    160436 | NS      | $7112127.88   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MISC BERHAD                                                | MISC BHD                                      | CUSIP: N/A<br>LEI: 9845002055U77FF6B972       | Long             | EC               | CORP              | MY        |    509100 | NS      | $918575.89    | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| AT&T INC.                                                  | AT T INC                                      | CUSIP: 00206R102<br>LEI: 549300Z40J86GGSTL398 | Long             | EC               | CORP              | US        |    291422 | NS      | $8433752.68   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| BB Seguridade Participacoes S.A.                           | BB SEGURIDADE PARTICIPACOES SA                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BR        |   1847200 | NS      | $12172540.36  | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| SITIO ROYALTIES CORP.                                      | SITIO ROYALTIES CORP A                        | CUSIP: 82983N108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    312783 | NS      | $5748951.54   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| HERO MOTOCORP LIMITED                                      | HERO MOTOCORP LTD                             | CUSIP: N/A<br>LEI: 335800Q49FBMZJTRLK49       | Long             | EC               | CORP              | IN        |    162703 | NS      | $8039148.20   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| DEVON ENERGY CORPORATION                                   | DEVON ENERGY CORP                             | CUSIP: 25179M103<br>LEI: 54930042348RKR3ZPN35 | Long             | EC               | CORP              | US        |    129970 | NS      | $4134345.70   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| GUANGDONG INVESTMENT LIMITED                               | GUANGDONG INVESTMENT LTD                      | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | HK        |   3992000 | NS      | $3345131.49   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| EVRAZ PLC                                                  | EVRAZ PLC                                     | CUSIP: N/A<br>LEI: 5493005B7DAN39RXLK23       | Long             | EC               | CORP              | GB        |    753373 | NS      | $0.01         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| DANA INCORPORATED                                          | DANA INC                                      | CUSIP: 235825205<br>LEI: KVWHW7YLZPFJM8QYNJ51 | Long             | EC               | CORP              | US        |    438288 | NS      | $7516639.20   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| DIAMONDBACK ENERGY, INC.                                   | DIAMONDBACK ENERGY INC                        | CUSIP: 25278X109<br>LEI: 549300R22LSX6OHWEN64 | Long             | EC               | CORP              | US        |     16121 | NS      | $2215025.40   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERICAN STATES WATER COMPANY                              | AMERICAN STATES WATER CO                      | CUSIP: 029899101<br>LEI: 529900L26LIS2V8PWM23 | Long             | EC               | CORP              | US        |    130900 | NS      | $10034794.00  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| AVNET, INC.                                                | AVNET INC                                     | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |    136055 | NS      | $7221799.40   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| HSBC HOLDINGS PLC                                          | HSBC HOLDINGS PLC                             | CUSIP: N/A<br>LEI: MLU0ZO3ML4LN2LL2TL39       | Long             | EC               | CORP              | GB        |    538393 | NS      | $6511319.65   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| NASDAQ 100 E MINI FUTURE SEP25                             | NASDAQ 100 E MINI FUTURE SEP25                | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |      4320 | NC      | $88471365.55  | 3.38%             |  |  |  | No            |                  1 | On Loan: No      |
| H2O AMERICA                                                | H20 AMERICA                                   | CUSIP: 784305104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     95148 | NS      | $4944841.56   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| LOCKHEED MARTIN CORPORATION                                | LOCKHEED MARTIN CORP                          | CUSIP: 539830109<br>LEI: DPRBOZP0K5RM2YE8UU08 | Long             | EC               | CORP              | US        |     13804 | NS      | $6393184.56   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| HD HYUNDAI CO.,LTD.                                        | HD HYUNDAI CO LTD                             | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     87737 | NS      | $8408712.45   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| TINGYI (CAYMAN ISLANDS) HOLDING CORP.                      | TINGYI CAYMAN ISLANDS HOLDING CORP            | CUSIP: N/A<br>LEI: 5299009MPI9B60VN4P25       | Long             | EC               | CORP              | KY        |   2022000 | NS      | $2968431.47   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| GERDAU S.A.                                                | GERDAU SA PREF                                | CUSIP: N/A<br>LEI: 254900YDV6SEQQPZVG24       | Long             | EC               | CORP              | BR        |   1466100 | NS      | $4317853.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| ALIGHT, INC.                                               | ALIGHT INC                                    | CUSIP: 01626W101<br>LEI: 2549002GDSJCKYY96752 | Long             | EC               | CORP              | US        |   1087334 | NS      | $6154310.44   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| China Petroleum & Chemical Corporation                     | CHINA PETROLEUM CHEMICAL CORP                 | CUSIP: N/A<br>LEI: 529900A2OB24EZ5B3J19       | Long             | EC               | CORP              | CN        |  11542000 | NS      | $6055338.44   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| COAL INDIA LTD                                             | COAL INDIA LTD                                | CUSIP: N/A<br>LEI: 335800NLJQZNHM9LBB31       | Long             | EC               | CORP              | IN        |    986066 | NS      | $4509384.84   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| MSC INDUSTRIAL DIRECT CO., INC.                            | MSC INDUSTRIAL DIRECT CO INC                  | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |     89704 | NS      | $7626634.08   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ITC LIMITED                                                | ITC LTD                                       | CUSIP: N/A<br>LEI: 335800WLOU3OFWFTMP43       | Long             | EC               | CORP              | IN        |   1531353 | NS      | $7437380.23   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| GREIF, INC.                                                | GREIF INC CL A                                | CUSIP: 397624107<br>LEI: 54930070FVGKR0Z1FI24 | Long             | EC               | CORP              | US        |     96337 | NS      | $6260941.63   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ROSTELECOM PJSC                                            | ROSTELECOM PJSC                               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | RU        |   6752730 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| SYNOVUS FINANCIAL CORP.                                    | SYNOVUS FINANCIAL CORP                        | CUSIP: 87161C501<br>LEI: 549300EIUS8UN5JTLE54 | Long             | EC               | CORP              | US        |    133603 | NS      | $6913955.25   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE, INC.                                | UNITED PARCEL SERVICE INC                     | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     50403 | NS      | $5087678.82   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLSON COORS BEVERAGE COMPANY                              | MOLSON COORS BEVERAGE CO                      | CUSIP: 60871R209<br>LEI: 54930073LBBH6ZCBE225 | Long             | EC               | CORP              | US        |     92303 | NS      | $4438851.27   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| APOGEE ENTERPRISES, INC.                                   | APOGEE ENTERPRISES INC                        | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               | CORP              | US        |     94005 | NS      | $3816603.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| First BanCorp.                                             | FIRST BANCORP PUERTO RICO                     | CUSIP: 318672706<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |    154501 | NS      | $3218255.83   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Compal Electronics, Inc.                                   | COMPAL ELECTRONICS INC                        | CUSIP: N/A<br>LEI: 529900ZPKWFDL21LW166       | Long             | EC               | CORP              | TW        |   3989000 | NS      | $3968317.35   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| SFL CORPORATION LTD.                                       | SFL CORP LTD                                  | CUSIP: G7738W106<br>LEI: 549300RLYYPSB0C7RH77 | Long             | EC               | CORP              | BM        |    907134 | NS      | $7556426.22   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Woori Financial Group Inc.                                 | WOORI FINANCIAL GROUP INC                     | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |    298261 | NS      | $4963937.61   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| EASTMAN CHEMICAL COMPANY                                   | EASTMAN CHEMICAL CO                           | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |     78606 | NS      | $5868723.96   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK OF CHINA LIMITED                                      | BANK OF CHINA LTD                             | CUSIP: N/A<br>LEI: 54930053HGCFWVHYZX42       | Long             | EC               | CORP              | CN        |  11253000 | NS      | $6551275.06   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| PRUDENTIAL FINANCIAL, INC.                                 | PRUDENTIAL FINANCIAL INC                      | CUSIP: 744320102<br>LEI: 5PRBRS5FEH7NREC8OR45 | Long             | EC               | CORP              | US        |     58624 | NS      | $6298562.56   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| OIL AND NATURAL GAS CORPORATION LIMITED                    | OIL NATURAL GAS CORP LTD                      | CUSIP: N/A<br>LEI: 335800FPDZ9MRSNO7N41       | Long             | EC               |  | IN        |   1498012 | NS      | $4266786.62   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| SYLVAMO CORPORATION                                        | SYLVAMO CORP                                  | CUSIP: 871332102<br>LEI: 5493001AOYU1ZOWOC971 | Long             | EC               | CORP              | US        |     56755 | NS      | $2843425.50   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ING Groep N.V.                                             | ING GROEP NV                                  | CUSIP: N/A<br>LEI: 549300NYKK9MWM7GGW15       | Long             | EC               | CORP              | NL        |    297308 | NS      | $6515475.88   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| KENVUE INC.                                                | KENVUE INC                                    | CUSIP: 49177J102<br>LEI: 5493008HSF8L4M2LIJ82 | Long             | EC               | CORP              | US        |    237327 | NS      | $4967254.11   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| INPEX CORPORATION                                          | INPEX CORP                                    | CUSIP: N/A<br>LEI: 353800VHYYADPR6MXQ47       | Long             | EC               | CORP              | JP        |    201400 | NS      | $2827379.37   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| TRAVEL + LEISURE CO.                                       | TRAVEL LEISURE CO                             | CUSIP: 894164102<br>LEI: T4VNTWMFQ7JQB65L7T35 | Long             | EC               | CORP              | US        |     73236 | NS      | $3779709.96   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE ENERGY CORP.                                           | OGE ENERGY CORP                               | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |    120244 | NS      | $5336428.72   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| LG Corp.                                                   | LG CORP                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | KR        |     66212 | NS      | $3896546.34   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| BHP GROUP LIMITED                                          | BHP GROUP LIMITED                             | CUSIP: N/A<br>LEI: WZE1WSENV6JSZFK0JC28       | Long             | EC               | CORP              | AU        |    219351 | NS      | $5275842.26   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Telia Company AB                                           | TELIA CO AB                                   | CUSIP: N/A<br>LEI: 213800FSR9RNDUOTXO25       | Long             | EC               | CORP              | SE        |   1940131 | NS      | $6981184.18   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| CANADIAN NATURAL RESOURCES LIMITED                         | CANADIAN NATURAL RESOURCES LTD                | CUSIP: 136385101<br>LEI: 549300T15RIMIKZC5Q38 | Long             | EC               | CORP              | CA        |    122935 | NS      | $3864290.54   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILLIPS 66                                                | PHILLIPS 66                                   | CUSIP: 718546104<br>LEI: 5493005JBO5YSIGK1814 | Long             | EC               | CORP              | US        |     38850 | NS      | $4634805.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA CONSTRUCTION BANK CORPORATION                        | CHINA CONSTRUCTION BANK CORP                  | CUSIP: N/A<br>LEI: 5493001KQW6DM7KEDR62       | Long             | EC               | CORP              | CN        |   6160000 | NS      | $6233788.10   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| BRITISH AMERICAN TOBACCO P.L.C.                            | BRITISH AMERICAN TOBACCO PLC                  | CUSIP: N/A<br>LEI: 213800FKA5MF17RJKT63       | Long             | EC               | CORP              | GB        |    175993 | NS      | $8366302.61   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| BOC HONG KONG (HOLDINGS) LIMITED                           | BOC HONG KONG HOLDINGS LTD                    | CUSIP: N/A<br>LEI: 254900JB98W77JDJMW15       | Long             | EC               | CORP              | HK        |   1722500 | NS      | $7498698.87   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| AMERICAN ELECTRIC POWER COMPANY, INC.                      | AMERICAN ELECTRIC POWER CO INC                | CUSIP: 025537101<br>LEI: 1B4S6S7G0TW5EE83BO58 | Long             | EC               | CORP              | US        |     30033 | NS      | $3116224.08   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MOSCOW EXCHANGE MICEX                                      | MOSCOW EXCHANGE MICEX                         | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | RU        |   2604790 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| VOLKSWAGEN AKTIENGESELLSCHAFT                              | VOLKSWAGEN AG                                 | CUSIP: N/A<br>LEI: 529900NNUPAGGOMPXZ31       | Long             | EC               | CORP              | DE        |     47140 | NS      | $4982701.22   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Grupo Financiero Banorte, S.A.B. de C.V.                   | GRUPO FINANCIERO BANORTE SAB DE CV            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |    835377 | NS      | $7637121.93   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| TAIWAN MOBILE CO., LTD.                                    | TAIWAN MOBILE CO LTD                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |   3712000 | NS      | $14609418.82  | 0.56%             |  |  |  | No            |                  2 | On Loan: No      |
| JOHN WILEY & SONS, INC.                                    | WILEY JOHN SONS CLASS A                       | CUSIP: 968223206<br>LEI: 5493003XM719UN7E8P64 | Long             | EC               | CORP              | US        |    123652 | NS      | $5518588.76   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| UPBOUND GROUP, INC.                                        | UPBOUND GROUP INC                             | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |    257328 | NS      | $6458932.80   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| INTESA SANPAOLO SPA                                        | INTESA SANPAOLO SPA                           | CUSIP: N/A<br>LEI: 2W8N8UU78PMDQKZENC08       | Long             | EC               | CORP              | IT        |   1131469 | NS      | $6516899.57   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Tele2 AB                                                   | TELE2 AB                                      | CUSIP: N/A<br>LEI: 213800EKD193RVI9HL76       | Long             | EC               | CORP              | SE        |    416170 | NS      | $6077512.18   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| FEDERAL'NAYA GIDROGENERIRUYUSHCHAYA KOMPANIYA RUSGIDRO PAO | RUSHYDRO PJSC                                 | CUSIP: N/A<br>LEI: 2534005TJN9DX4YWVT97       | Long             | EC               | CORP              | RU        | 694437000 | NS      | $0.09         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| PT Astra International Tbk                                 | ASTRA INTERNATIONAL TBK PT                    | CUSIP: N/A<br>LEI: 529900L49TRJOMG4DK47       | Long             | EC               | CORP              | ID        |  30191900 | NS      | $8375230.27   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| PT Bank Rakyat Indonesia (Persero) Tbk                     | PT BANK RAKYAT INDONESIA                      | CUSIP: N/A<br>LEI: 254900HB6S4B12GBNP64       | Long             | EC               | CORP              | ID        |  20598200 | NS      | $4750588.81   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Bank of Communications Co., Ltd.                           | BANK OF COMMUNICATIONS CO LTD                 | CUSIP: N/A<br>LEI: 549300AX1UM10U30HK09       | Long             | EC               | CORP              | CN        |   6702000 | NS      | $6245454.52   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| TATA CONSULTANCY SERVICES LIMITED                          | TATA CONSULTANCY SERVICES LTD                 | CUSIP: N/A<br>LEI: 335800ZJKU9GPQRE2U66       | Long             | EC               | CORP              | IN        |    131510 | NS      | $5310743.87   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| Kontoor Brands, Inc.                                       | KONTOOR BRANDS INC                            | CUSIP: 50050N103<br>LEI: 549300M0CPXV65RFF271 | Long             | EC               | CORP              | US        |     86993 | NS      | $5738928.21   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Sureste, S.A.B. de C.V.            | GRUPO AEROPORTUARIO DEL SURESTE SAB DE CV     | CUSIP: N/A<br>LEI: 5299001W7JIDXCUOUC82       | Long             | EC               | CORP              | MX        |    165300 | NS      | $5277987.63   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| EDP, S.A.                                                  | EDP ENERGIAS DE PORTUGAL SA                   | CUSIP: N/A<br>LEI: 529900CLC3WDMGI9VH80       | Long             | EC               | CORP              | PT        |   1251994 | NS      | $5438320.14   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| Hasbro, Inc.                                               | HASBRO INC                                    | CUSIP: 418056107<br>LEI: 549300NUB6D2R1ITYR45 | Long             | EC               | CORP              | US        |    101816 | NS      | $7516057.12   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CPFL ENERGIA S.A.                                          | CPFL ENERGIA SA                               | CUSIP: N/A<br>LEI: 529900GBWSBDXN8GGM28       | Long             | EC               | CORP              | BR        |    886100 | NS      | $6664466.29   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| SK Inc.                                                    | SK INC                                        | CUSIP: N/A<br>LEI: 988400GMME8AOAFMDK34       | Long             | EC               | CORP              | KR        |     49941 | NS      | $7545090.15   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTHWEST GAS HOLDINGS, INC.                               | SOUTHWEST GAS HOLDINGS INC                    | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |    106911 | NS      | $7953109.29   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| JOHNSON & JOHNSON                                          | JOHNSON JOHNSON                               | CUSIP: 478160104<br>LEI: 549300G0CFPGEF6X2043 | Long             | EC               | CORP              | US        |     48344 | NS      | $7384546.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| EOG RESOURCES, INC.                                        | EOG RESOURCES INC                             | CUSIP: 26875P101<br>LEI: XWTZDRYZPBUHIQBKDB46 | Long             | EC               | CORP              | US        |     36781 | NS      | $4399375.41   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NISOURCE INC.                                              | NISOURCE INC                                  | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |    262275 | NS      | $10580173.50  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Teekay Tankers Ltd.                                        | TEEKAY TANKERS LTD                            | CUSIP: G8726X106<br>LEI: 549300DE8ZAIYS2T6Q22 | Long             | EC               | CORP              | BM        |     83646 | NS      | $3489711.12   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SENSIENT TECHNOLOGIES CORPORATION                          | SENSIENT TECHNOLOGIES CORP                    | CUSIP: 81725T100<br>LEI: CMMZHMFZQG86EI7WZU92 | Long             | EC               | CORP              | US        |    101982 | NS      | $10047266.64  | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Wal-Mart de Mexico, S.A.B. de C.V.                         | WAL MART DE MEXICO SA DE CV                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |   2363225 | NS      | $7828501.65   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| NOVOLIPETSK STEEL PJSC                                     | NOVOLIPETSK STEEL PJSC                        | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | RU        |   1477080 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| RIO TINTO PLC                                              | RIO TINTO PLC                                 | CUSIP: N/A<br>LEI: 213800YOEO5OQ72G2R82       | Long             | EC               | CORP              | GB        |     72330 | NS      | $4209137.53   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| ORANGE SA                                                  | ORANGE SA                                     | CUSIP: N/A<br>LEI: 969500MCOONR8990S771       | Long             | EC               | CORP              | FR        |    725868 | NS      | $11052247.75  | 0.42%             |  |  |  | No            |                  2 | On Loan: No      |
| BP P.L.C.                                                  | BP PLC                                        | CUSIP: N/A<br>LEI: 213800LH1BZH3DI6G760       | Long             | EC               | CORP              | GB        |   1024140 | NS      | $5101640.33   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Xcel Energy Inc.                                           | XCEL ENERGY INC                               | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     25008 | NS      | $1703044.80   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| CMS ENERGY CORPORATION                                     | CMS ENERGY CORP                               | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     90222 | NS      | $6250580.16   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| BEIJING ENTERPRISES HOLDINGS LIMITED                       | BEIJING ENTERPRISES HOLDINGS LTD              | CUSIP: N/A<br>LEI: 529900896ODARUEY2V26       | Long             | EC               | CORP              | HK        |   1155500 | NS      | $4764539.60   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| PUBLIC SERVICE ENTERPRISE GROUP INCORPORATED               | PUBLIC SERVICE ENTERPRISE GROUP INC           | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     72471 | NS      | $6100608.78   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| ARKEMA SA                                                  | ARKEMA SA                                     | CUSIP: N/A<br>LEI: 9695000EHMS84KKP2785       | Long             | EC               | CORP              | FR        |     35799 | NS      | $2643189.84   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| THE BUCKLE, INC.                                           | BUCKLE INC THE                                | CUSIP: 118440106<br>LEI: 5299007IU0461T3GDL34 | Long             | EC               | CORP              | US        |    187609 | NS      | $8508068.15   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI CORPORATION                                            | HNI CORP                                      | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |    133185 | NS      | $6550038.30   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| FORTESCUE LTD                                              | FORTESCUE LTD                                 | CUSIP: N/A<br>LEI: 529900VEJFORCO6I4826       | Long             | EC               | CORP              | AU        |    330950 | NS      | $3326019.66   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| DTE ENERGY COMPANY                                         | DTE ENERGY CO                                 | CUSIP: 233331107<br>LEI: 549300IX8SD6XXD71I78 | Long             | EC               | CORP              | US        |     52522 | NS      | $6957064.12   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MERCK & CO., INC.                                          | MERCK CO INC                                  | CUSIP: 58933Y105<br>LEI: 4YV9Y5M8S0BRK1RP0397 | Long             | EC               | CORP              | US        |     55615 | NS      | $4402483.40   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| GILEAD SCIENCES, INC.                                      | GILEAD SCIENCES INC                           | CUSIP: 375558103<br>LEI: 549300WTZWR07K8MNV44 | Long             | EC               | CORP              | US        |     70425 | NS      | $7808019.75   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| CEZ, a.s.                                                  | CEZ AS                                        | CUSIP: N/A<br>LEI: 529900S5R9YHJHYKKG94       | Long             | EC               | CORP              | CZ        |    152135 | NS      | $8939787.79   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| ROGERS COMMUNICATIONS INC.                                 | ROGERS COMMUNICATIONS INC                     | CUSIP: 775109200<br>LEI: 5493000M6Z4XFIP6PF03 | Long             | EC               | CORP              | CA        |    214797 | NS      | $6371658.95   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Lufthansa Aktiengesellschaft                      | DEUTSCHE LUFTHANSA AG                         | CUSIP: N/A<br>LEI: 529900PH63HYJ86ASW55       | Long             | EC               | CORP              | DE        |    323413 | NS      | $2745310.29   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| CK HUTCHISON HOLDINGS LIMITED                              | CK HUTCHISON HOLDINGS                         | CUSIP: N/A<br>LEI: 254900Z8HM1VEPOQ2G79       | Long             | EC               | CORP              | KY        |    821000 | NS      | $5055616.36   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| MTN GROUP LIMITED                                          | MTN GROUP LTD                                 | CUSIP: N/A<br>LEI: 2549009JD6Q6XHZS5E05       | Long             | EC               | CORP              | ZA        |    632726 | NS      | $5038793.01   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| REDEIA CORPORACION, S.A.                                   | REDEIA CORPORATION SA AMERICAN                | CUSIP: N/A<br>LEI: 5493009HMD0C90GUV498       | Long             | EC               | CORP              | ES        |    373184 | NS      | $7984279.17   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| THE AES CORPORATION                                        | AES CORP                                      | CUSIP: 00130H105<br>LEI: 2NUNNB7D43COUIRE5295 | Long             | EC               | CORP              | US        |      3717 | NS      | $39102.84     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Dominion Energy, Inc.                                      | DOMINION ENERGY INC                           | CUSIP: 25746U109<br>LEI: ILUL7B6Z54MRYCF6H308 | Long             | EC               | CORP              | US        |     98771 | NS      | $5582536.92   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Vibra Energia S.A.                                         | VIBRA ENERGIA SA                              | CUSIP: N/A<br>LEI: 549300U7VLJ3SYVNY689       | Long             | EC               | CORP              | BR        |   1732000 | NS      | $6905428.24   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| HCL TECHNOLOGIES LIMITED                                   | HCL TECHNOLOGIES LTD                          | CUSIP: N/A<br>LEI: 549300C1F8OLYSOQYB65       | Long             | EC               | CORP              | IN        |    316603 | NS      | $6383713.76   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| The Siam Cement Public Company Limited                     | SIAM CEMENT PCL THE                           | CUSIP: N/A<br>LEI: 254900RMCZY0X6F2KB70       | Long             | EC               | CORP              | TH        |    600800 | NS      | $3112021.35   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| JBS N.V.                                                   | JBS NV                                        | CUSIP: N/A<br>LEI: 254900JSFON4WL81TW77       | Long             |  | CORP              | NL        |    507650 | NS      | $7308208.90   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| VODACOM GROUP LIMITED                                      | VODACOM GROUP LTD                             | CUSIP: N/A<br>LEI: 37890012A8DC24B8D663       | Long             | EC               | CORP              | ZA        |    690601 | NS      | $5353340.32   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| S P 500 EMINI FUTURE SEP25                                 | S P 500 EMINI FUTURE SEP25                    | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -8695 | NC      | $-95970452.21 | -3.67%            |  |  |  | No            |                  1 | On Loan: No      |
| CORNING INCORPORATED                                       | CORNING INC                                   | CUSIP: 219350105<br>LEI: 549300X2937PB0CJ7I56 | Long             | EC               | CORP              | US        |    136584 | NS      | $7182952.56   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Postal Savings Bank of China Co., Ltd.                     | POSTAL SAVINGS BANK OF CHINA CO LTD           | CUSIP: N/A<br>LEI: 300300C1040311005298       | Long             | EC               | CORP              | CN        |   8453000 | NS      | $5910709.59   | 0.23%             |  |  |  | Yes           |                  2 | On Loan: No      |
| HKT Trust and HKT Limited                                  | HKT TRUST HKT LTD                             | CUSIP: N/A<br>LEI: N/A                        | Long             |  | CORP              | HK        |   4360000 | NS      | $6518716.94   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| Power Assets Holdings Limited                              | POWER ASSETS HOLDINGS LTD                     | CUSIP: N/A<br>LEI: 254900JOWYUW1ZX4DF47       | Long             | EC               | CORP              | HK        |    995000 | NS      | $6397618.41   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| SCORPIO TANKERS INC.                                       | SCORPIO TANKERS INC                           | CUSIP: Y7542C130<br>LEI: 549300NVJUH16NXG8K87 | Long             | EC               | CORP              | MH        |    177779 | NS      | $6956492.27   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| EIFFAGE SA                                                 | EIFFAGE SA                                    | CUSIP: N/A<br>LEI: 969500OQXKE5WDM9M994       | Long             | EC               | CORP              | FR        |     54710 | NS      | $7686505.76   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| ASE Technology Holding Co., Ltd.                           | ASE TECHNOLOGY HOLDING CO LTD                 | CUSIP: N/A<br>LEI: 300300GO8QHPMV87NZ73       | Long             | EC               | CORP              | TW        |    920000 | NS      | $4616225.29   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| ONEOK, INC.                                                | ONEOK INC                                     | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     36836 | NS      | $3006922.68   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SITC International Holdings Co Ltd                         | SITC INTERNATIONAL HOLDINGS CO LTD            | CUSIP: N/A<br>LEI: 529900JUV4MOM9CE3V12       | Long             | EC               | CORP              | KY        |   1001000 | NS      | $3209300.04   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| INTERPARFUMS INC                                           | INTERPARFUMS INC                              | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48534 | NS      | $6372999.54   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Pepsico, Inc.                                              | PEPSICO INC                                   | CUSIP: 713448108<br>LEI: FJSUNZKFNQ5YPJ5OT455 | Long             | EC               | CORP              | US        |     51924 | NS      | $6856044.96   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| EVA AIRWAYS CORPORATION                                    | EVA AIRWAYS CORP                              | CUSIP: N/A<br>LEI: 254900S1P4XOXV67GC07       | Long             | EC               | CORP              | TW        |   3988000 | NS      | $5444301.87   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| BLACKSTONE INC.                                            | BLACKSTONE INC                                | CUSIP: 09260D107<br>LEI: 5299004LW4QWGZUB8Y96 | Long             | EC               | CORP              | US        |     25649 | NS      | $3836577.42   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| LAS VEGAS SANDS CORP.                                      | LAS VEGAS SANDS CORP                          | CUSIP: 517834107<br>LEI: 549300DUOO1KXOHPM605 | Long             | EC               | CORP              | US        |    113028 | NS      | $4917848.28   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| NATIONAL GRID PLC                                          | NATIONAL GRID PLC                             | CUSIP: N/A<br>LEI: 8R95QZMKZLJX5Q2XR704       | Long             | EC               | CORP              | GB        |    430398 | NS      | $6316521.27   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| ARCHER-DANIELS-MIDLAND COMPANY.                            | ARCHER DANIELS MIDLAND CO                     | CUSIP: 039483102<br>LEI: 549300LO13MQ9HYSTR83 | Long             | EC               | CORP              | US        |    129056 | NS      | $6811575.68   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| AVISTA CORPORATION                                         | AVISTA CORP                                   | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |    238426 | NS      | $9048266.70   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| POWSZECHNY ZAKLAD UBEZPIECZEN SPOLKA AKCYJNA               | POWSZECHNY ZAKLAD UBEZPIECZEN SA              | CUSIP: N/A<br>LEI: QLPCKOOKVX32FUELX240       | Long             | EC               | CORP              | PL        |    277389 | NS      | $4852545.24   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| RUSSELL 2000 MINI INDEX FUTURE SEP25                       | RUSSELL 2000 MINI INDEX FUTURE SEP25          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -4413 | NC      | $-16123093.20 | -0.62%            |  |  |  | No            |                  1 | On Loan: No      |
| POSTE ITALIANE - SOCIETA PER AZIONI                        | POSTE ITALIANE SPA                            | CUSIP: N/A<br>LEI: 815600354DEDBD0BA991       | Long             | EC               |  | IT        |    439374 | NS      | $9439128.65   | 0.36%             |  |  |  | Yes           |                  2 | On Loan: No      |
| GULF DEVELOPMENT PUBLIC COMPANY LIMITED                    | GULF DEVELOPMENT PCL                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TH        |    953196 | NS      | $1136286.15   | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| Banco Bilbao Vizcaya Argentaria, S.A.                      | BANCO BILBAO VIZCAYA ARGENTARIA SA            | CUSIP: N/A<br>LEI: K8MS7FD7N5Z2WQ51AZ71       | Long             | EC               | CORP              | ES        |    325086 | NS      | $5005127.11   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| WELLS FARGO & COMPANY                                      | WELLS FARGO CO                                | CUSIP: 949746101<br>LEI: PBLD0EJDB5FWOLXP3B76 | Long             | EC               | CORP              | US        |     73754 | NS      | $5909170.48   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| EDISON INTERNATIONAL                                       | EDISON INTERNATIONAL                          | CUSIP: 281020107<br>LEI: 549300I7ROF15MAEVP56 | Long             | EC               | CORP              | US        |     86458 | NS      | $4461232.80   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Coterra Energy Inc.                                        | COTERRA ENERCOTERRA ENERGY INC                | CUSIP: 127097103<br>LEI: FCNMH6O7VWU7LHXMK351 | Long             | EC               | CORP              | US        |    184070 | NS      | $4671696.60   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| SHELL PLC                                                  | SHELL PLC                                     | CUSIP: N/A<br>LEI: 21380068P1DRHMJ8KU70       | Long             | EC               | CORP              | GB        |    182631 | NS      | $6370753.06   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Philip Morris International Inc.                           | PHILIP MORRIS INTERNATIONAL INC               | CUSIP: 718172109<br>LEI: HL3H1H2BGXWVG3BSWR90 | Long             | EC               | CORP              | US        |     57604 | NS      | $10491416.52  | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SONIC AUTOMOTIVE, INC.                                     | SONIC AUTOMOTIVE INC CLASS A                  | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |     79617 | NS      | $6363786.81   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| PINNACLE WEST CAPITAL CORPORATION                          | PINNACLE WEST CAPITAL CORP                    | CUSIP: 723484101<br>LEI: TWSEY0NEDUDCKS27AH81 | Long             | EC               | CORP              | US        |     51061 | NS      | $4568427.67   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHWESTERN ENERGY GROUP, INC.                            | NORTHWESTERN CORP                             | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |    191970 | NS      | $9848061.00   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| TotalEnergies SE                                           | TOTALENERGIES SE                              | CUSIP: N/A<br>LEI: 529900S21EQ1BO4ESM68       | Long             | EC               | CORP              | FR        |     83420 | NS      | $5098204.98   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| MIZRAHI TEFAHOT BANK LTD                                   | MIZRAHI TEFAHOT BANK LTD                      | CUSIP: N/A<br>LEI: YZO9YEGEO4VYDZMDWF93       | Long             | EC               | CORP              | IL        |     91551 | NS      | $5977712.47   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| THE BIDVEST GROUP LIMITED                                  | BIDVEST GROUP LTD                             | CUSIP: N/A<br>LEI: 5299002ARE4TRMIRGM72       | Long             | EC               | CORP              | ZA        |    291942 | NS      | $3862294.49   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| GENERAL MILLS, INC.                                        | GENERAL MILLS INC                             | CUSIP: 370334104<br>LEI: 2TGYMUGI08PO8X8L6150 | Long             | EC               | CORP              | US        |     76685 | NS      | $3973049.85   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Companhia Energetica de Minas Gerais - CEMIG               | CIA ENERGETICA DE MINAS GERAIS                | CUSIP: N/A<br>LEI: 254900W703PXLDSEM056       | Long             | EC               | CORP              | BR        |   3629100 | NS      | $7214512.12   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| MGE ENERGY, INC.                                           | MGE ENERGY INC                                | CUSIP: 55277P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     71811 | NS      | $6350964.84   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| KUMBA IRON ORE LIMITED                                     | KUMBA IRON ORE LTD                            | CUSIP: N/A<br>LEI: 3789006C753402643048       | Long             | EC               | CORP              | ZA        |    133055 | NS      | $2144026.95   | 0.08%             |  |  |  | No            |                  2 | On Loan: No      |
| Kimberly-Clark de Mexico, S.A.B. de C.V.                   | KIMBERLY CLARK DE MEXICO SAB DE CV            | CUSIP: N/A<br>LEI: 549300JGHL56QT00KT54       | Long             | EC               | CORP              | MX        |   2631720 | NS      | $4815550.33   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT AGRICOLE SA                                         | CREDIT AGRICOLE SA                            | CUSIP: N/A<br>LEI: 969500TJ5KRTCJQWXH05       | Long             | EC               | CORP              | FR        |    376266 | NS      | $7117403.56   | 0.27%             |  |  |  | No            |                  2 | On Loan: No      |
| LyondellBasell Industries N.V.                             | LYONDELLBASELL INDUSTRIES NV                  | CUSIP: N53745100<br>LEI: BN6WCCZ8OVP3ITUUVN49 | Long             | EC               | CORP              | NL        |     82854 | NS      | $4793932.44   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN UTILITIES LIMITED                                 | CANADIAN UTILITIES LTD                        | CUSIP: 136717832<br>LEI: LWV4QIQODEH3VBHUFX07 | Long             | EC               | CORP              | CA        |    282451 | NS      | $7816358.46   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| HUNTINGTON BANCSHARES INCORPORATED                         | HUNTINGTON BANCSHARES INC OH                  | CUSIP: 446150104<br>LEI: 549300XTVCVV9I7B5T19 | Long             | EC               | CORP              | US        |    450183 | NS      | $7545067.08   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| KORN FERRY                                                 | KORN FERRY                                    | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     68288 | NS      | $5007559.04   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| DT MIDSTREAM, INC.                                         | DT MIDSTREAM INC                              | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46243 | NS      | $5082568.13   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BANK POLSKA KASA OPIEKI - SPOLKA AKCYJNA                   | BANK PEKAO SA                                 | CUSIP: N/A<br>LEI: 5493000LKS7B3UTF7H35       | Long             | EC               | CORP              | PL        |    142675 | NS      | $7351144.84   | 0.28%             |  |  |  | No            |                  2 | On Loan: No      |
| SIME DARBY BERHAD                                          | SIME DARBY BHD                                | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MY        |   7506100 | NS      | $2943524.96   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| CLP HOLDINGS LIMITED                                       | CLP HOLDINGS LTD                              | CUSIP: N/A<br>LEI: 25490002BUTSMP94GO68       | Long             | EC               | CORP              | HK        |    886000 | NS      | $7483178.18   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| PTT Public Company Limited                                 | PTT PCL                                       | CUSIP: N/A<br>LEI: 549300QOGMPTKB6W7G56       | Long             | EC               | CORP              | TH        |  11435000 | NS      | $10560188.83  | 0.40%             |  |  |  | No            |                  2 | On Loan: No      |
| Mitsubishi Chemical Group Corporation                      | MITSUBISHI CHEMICAL GROUP CORP                | CUSIP: N/A<br>LEI: 353800YNKX4RQUGAR072       | Long             | EC               | CORP              | JP        |    612300 | NS      | $3218596.98   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| ANZ GROUP HOLDINGS LIMITED                                 | ANZ GROUP HOLDINGS LTD                        | CUSIP: N/A<br>LEI: 9845005D9C6BAA10BK72       | Long             | EC               | CORP              | AU        |    310663 | NS      | $5956145.98   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| ABBVIE INC.                                                | ABBVIE INC                                    | CUSIP: 00287Y109<br>LEI: FR5LCKFTG8054YNNRU85 | Long             | EC               | CORP              | US        |     32563 | NS      | $6044344.06   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| MILLERKNOLL, INC.                                          | MILLERKNOLL INC                               | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |    268595 | NS      | $5216114.90   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| MAGNOLIA OIL & GAS CORPORATION                             | MAGNOLIA OIL GAS CORP                         | CUSIP: 559663109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    228225 | NS      | $5130498.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| EXELON CORPORATION                                         | EXELON CORP                                   | CUSIP: 30161N101<br>LEI: 3SOUA6IRML7435B56G12 | Long             | EC               | CORP              | US        |    175688 | NS      | $7628372.96   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLIANT ENERGY CORPORATION                                 | ALLIANT ENERGY CORP                           | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |    111338 | NS      | $6732608.86   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| INSPERITY, INC.                                            | INSPERITY INC                                 | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               | CORP              | US        |     57589 | NS      | $3462250.68   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| KODIAK GAS SERVICES, INC.                                  | KODIAK GAS SERVICES INC                       | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    145112 | NS      | $4972988.24   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SINGAPORE TELECOMMUNICATIONS LIMITED                       | SINGAPORE TELECOMMUNICATIONS LTD              | CUSIP: N/A<br>LEI: 2549003XJKIQO8YDYD89       | Long             | EC               | CORP              | SG        |   2622900 | NS      | $7909350.08   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| BRISTOL-MYERS SQUIBB CO                                    | BRISTOL MYERS SQUIBB CO                       | CUSIP: 110122108<br>LEI: HLYYNH7UQUORYSJQCN42 | Long             | EC               | CORP              | US        |     99398 | NS      | $4601133.42   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MMC NORILSK NICKEL PJSC                                    | MMC NORILSK NICKEL PJSC                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | RU        |   1487700 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| INDIAN OIL CORPORATION LIMITED                             | INDIAN OIL CORP LTD                           | CUSIP: N/A<br>LEI: 335800J8OBWE4VFUDG88       | Long             | EC               | CORP              | IN        |   3117363 | NS      | $5344694.56   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| TEXAS INSTRUMENTS INCORPORATED                             | TEXAS INSTRUMENTS INC                         | CUSIP: 882508104<br>LEI: WDJNR2L6D8RWOEB8T652 | Long             | EC               | CORP              | US        |     30362 | NS      | $6303758.44   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TELENOR ASA                                                | TELENOR ASA                                   | CUSIP: N/A<br>LEI: 549300IM1QSBY4SLPM26       | Long             | EC               | CORP              | NO        |    502108 | NS      | $7822416.84   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| ENI S.P.A.                                                 | ENI SPA                                       | CUSIP: N/A<br>LEI: BUCRF72VH5RBN7X3VL35       | Long             | EC               | CORP              | IT        |    397650 | NS      | $6422870.23   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| VEOLIA ENVIRONNEMENT SA                                    | VEOLIA ENVIRONNEMENT                          | CUSIP: N/A<br>LEI: 969500LENY69X51OOT31       | Long             | EC               | CORP              | FR        |    181781 | NS      | $6489098.96   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| STATE STREET CORPORATION                                   | STATE STREET CORP                             | CUSIP: 857477103<br>LEI: 549300ZFEEJ2IP5VME73 | Long             | EC               | CORP              | US        |     75180 | NS      | $7994641.20   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| KEYCORP                                                    | KEYCORP                                       | CUSIP: 493267108<br>LEI: RKPI3RZGV1V1FJTH5T61 | Long             | EC               | CORP              | US        |    321855 | NS      | $5606714.10   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| AMGEN INC.                                                 | AMGEN INC                                     | CUSIP: 031162100<br>LEI: 62QBXGPJ34PQ72Z12S66 | Long             | EC               | CORP              | US        |     14419 | NS      | $4025928.99   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TMBTHANACHART BANK PUBLIC COMPANY LIMITED                  | TMBTHANACHART BANK PCL                        | CUSIP: N/A<br>LEI: 549300WKGLXEV3DB7I54       | Long             | EC               | CORP              | TH        |  50802700 | NS      | $2956284.20   | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| JEFFERIES FINANCIAL GROUP INC.                             | JEFFERIES FINANCIAL GROUP INC                 | CUSIP: 47233W109<br>LEI: 549300HOF34RGOJ5YL07 | Long             | EC               | CORP              | US        |     69732 | NS      | $3813643.08   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| CITIGROUP INC.                                             | CITIGROUP INC                                 | CUSIP: 172967424<br>LEI: 6SHGI4ZSSLCXXQSBB395 | Long             | EC               | CORP              | US        |     97874 | NS      | $8331034.88   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| AMBEV S.A.                                                 | AMBEV SA                                      | CUSIP: N/A<br>LEI: 549300TH5Q6VRP8OT012       | Long             | EC               | CORP              | BR        |   5078100 | NS      | $12450584.79  | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST INTERSTATE BANCSYSTEM, INC.                          | FIRST INTERSTATE BANCSYS A                    | CUSIP: 32055Y201<br>LEI: 549300WRWYTYX0RCNJ43 | Long             | EC               | CORP              | US        |    208451 | NS      | $6007557.82   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Elisa Oyj                                                  | ELISA OYJ                                     | CUSIP: N/A<br>LEI: 743700TU2S3DXWGU7H32       | Long             | EC               | CORP              | FI        |    110173 | NS      | $6122799.10   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| T. ROWE PRICE GROUP, INC.                                  | T ROWE PRICE GROUP INC                        | CUSIP: 74144T108<br>LEI: 549300SIV6FPS9Y7IH33 | Long             | EC               | CORP              | US        |     38458 | NS      | $3711197.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| VODAFONE GROUP PUBLIC LIMITED COMPANY                      | VODAFONE GROUP PLC                            | CUSIP: N/A<br>LEI: 213800TB53ELEUKM7Q61       | Long             | EC               | CORP              | GB        |   4935473 | NS      | $5282228.02   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| CME GROUP INC.                                             | CME GROUP INC                                 | CUSIP: 12572Q105<br>LEI: LCZ7XYGSLJUHFXXNXD88 | Long             | EC               | CORP              | US        |     41257 | NS      | $11371254.34  | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| TERNA - RETE ELETTRICA NAZIONALE SOCIETA PER AZIONI        | TERNA SPA                                     | CUSIP: N/A<br>LEI: 8156009E94ED54DE7C31       | Long             | EC               | CORP              | IT        |    745440 | NS      | $7662868.57   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| BLACK HILLS CORPORATION                                    | BLACK HILLS CORP                              | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |    152208 | NS      | $8538868.80   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| INTERNATIONAL GAME TECHNOLOGY PLC                          | INTERNATIONAL GAME TECHNOLOGY PLC             | CUSIP: G4863A108<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | EC               | CORP              | GB        |    306120 | NS      | $4839757.20   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| THE BANK OF NOVA SCOTIA                                    | BANK OF NOVA SCOTIA                           | CUSIP: 064149107<br>LEI: L3I9ZG2KFGXZ61BMYR72 | Long             | EC               | CORP              | CA        |     99471 | NS      | $5501003.45   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Doosan Bobcat Inc.                                         | DOOSAN BOBCAT INC                             | CUSIP: N/A<br>LEI: 9884007K6X0Q0112FX44       | Long             | EC               | CORP              | KR        |    125023 | NS      | $5375112.70   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| CVS HEALTH CORPORATION                                     | CVS HEALTH CORP                               | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |     73611 | NS      | $5077686.78   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| KAISER ALUMINUM CORPORATION                                | KAISER ALUMINUM CORP                          | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     47176 | NS      | $3769362.40   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| CLEAR SECURE, INC.                                         | CLEAR SECURE INC                              | CUSIP: 18467V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    118837 | NS      | $3298915.12   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MINI MSCI EMERGING MARKETS INDEX FUTURE SEP25              | MINI MSCI EMERGING MARKETS INDEX FUTURE SEP25 | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -7960 | NC      | $-8385414.00  | -0.32%            |  |  |  | No            |                  1 | On Loan: No      |
| ORIENT OVERSEAS (INTERNATIONAL) LIMITED                    | ORIENT OVERSEAS INTL LTD                      | CUSIP: N/A<br>LEI: 529900DQ426GJO276W95       | Long             | EC               | CORP              | BM        |    185000 | NS      | $3148601.13   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| PORTLAND GENERAL ELECTRIC COMPANY                          | PORTLAND GENERAL ELECTRIC CO                  | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |    271172 | NS      | $11017718.36  | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL CORPORATION                                            | PPL CORP                                      | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |    203998 | NS      | $6913492.22   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| MONRO, INC.                                                | MONRO INC                                     | CUSIP: 610236101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    143307 | NS      | $2136707.37   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Boliden AB                                                 | BOLIDEN AB                                    | CUSIP: N/A<br>LEI: 21380059QU7IM1ONDJ56       | Long             | EC               | CORP              | SE        |    103891 | NS      | $3247876.33   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| FIFTH THIRD BANCORP                                        | FIFTH THIRD BANCORP                           | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |    128271 | NS      | $5275786.23   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| WaFd, Inc                                                  | WAFD INC                                      | CUSIP: 938824109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    172105 | NS      | $5039234.40   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA CITIC BANK CORPORATION LIMITED                       | CHINA CITIC BANK CORP LTD                     | CUSIP: N/A<br>LEI: 300300C1030211000384       | Long             | EC               | CORP              | CN        |   8723000 | NS      | $8316600.28   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| TELSTRA GROUP LIMITED                                      | TELSTRA CORPORATION LTD                       | CUSIP: N/A<br>LEI: 894500WRW54CVN62K416       | Long             | EC               | CORP              | AU        |   2919612 | NS      | $9307397.62   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| DUKE ENERGY CORPORATION                                    | DUKE ENERGY CORP                              | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     72688 | NS      | $8577184.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| KENNAMETAL INC.                                            | KENNAMETAL INC                                | CUSIP: 489170100<br>LEI: 549300GZDSG25XUV0Y08 | Long             | EC               | CORP              | US        |    324028 | NS      | $7439682.88   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| POLYUS PJSC                                                | POLYUS PJSC                                   | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | RU        |    344030 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| KINETIK HOLDINGS INC.                                      | KINETIK HOLDINGS INC                          | CUSIP: 02215L209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    140930 | NS      | $6207966.50   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPERIAL BRANDS PLC                                        | IMPERIAL BRANDS PLC                           | CUSIP: N/A<br>LEI: 549300DFVPOB67JL3A42       | Long             | EC               | CORP              | GB        |    236258 | NS      | $9332892.46   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| NN Group N.V.                                              | NN GROUP NV                                   | CUSIP: N/A<br>LEI: 724500OHYNDT9OY6Q215       | Long             | EC               | CORP              | NL        |    130651 | NS      | $8692297.97   | 0.33%             |  |  |  | No            |                  2 | On Loan: No      |
| VIATRIS INC.                                               | VIATRIS INC                                   | CUSIP: 92556V106<br>LEI: 254900ZZTSW7NL773X71 | Long             | EC               | CORP              | US        |    485738 | NS      | $4337640.34   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CONAGRA BRANDS, INC.                                       | CONAGRA BRANDS INC                            | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |    237066 | NS      | $4852741.02   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| SWIRE PACIFIC LIMITED                                      | SWIRE PACIFIC LTD CL A                        | CUSIP: N/A<br>LEI: 549300KZOZHII0DGF611       | Long             | EC               | CORP              | HK        |    451500 | NS      | $3870430.01   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| CaixaBank, S.A.                                            | CAIXABANK SA                                  | CUSIP: N/A<br>LEI: 7CUNS533WID6K7DGFI87       | Long             | EC               | CORP              | ES        |    564620 | NS      | $4891705.37   | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Stellantis N.V.                                            | STELLANTIS NV                                 | CUSIP: N/A<br>LEI: 549300LKT9PW7ZIBDF31       | Long             | EC               | CORP              | NL        |    253371 | NS      | $2537475.53   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| SKYWORKS SOLUTIONS, INC.                                   | SKYWORKS SOLUTIONS INC                        | CUSIP: 83088M102<br>LEI: 549300WZ3ORQ2BVKBD96 | Long             | EC               | CORP              | US        |     43496 | NS      | $3241321.92   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCHROCK INC.                                              | ARCHROCK INC                                  | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |    289259 | NS      | $7182300.97   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| MONDI PLC                                                  | MONDI PLC                                     | CUSIP: N/A<br>LEI: 213800LOZA69QFDC9N34       | Long             | EC               | CORP              | GB        |    269360 | NS      | $4400680.12   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| BANK OF IRELAND GROUP PUBLIC LIMITED COMPANY               | BANK OF IRELAND GROUP PLC                     | CUSIP: N/A<br>LEI: 635400C8EK6DRI12LJ39       | Long             | EC               | CORP              | IE        |    212803 | NS      | $3032083.61   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| KINGFISHER PLC                                             | KINGFISHER PLC                                | CUSIP: N/A<br>LEI: 213800KBMEV7I92FY281       | Long             | EC               | CORP              | GB        |    886737 | NS      | $3540625.36   | 0.14%             |  |  |  | No            |                  2 | On Loan: No      |
| China Railway Group Limited                                | CHINA RAILWAY GROUP LTD                       | CUSIP: N/A<br>LEI: 529900TFRLG8UDJ7QA89       | Long             | EC               | CORP              | CN        |   5463000 | NS      | $2622741.47   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| CITIZENS FINANCIAL GROUP, INC.                             | CITIZENS FINANCIAL GROUP INC                  | CUSIP: 174610105<br>LEI: 2138004JDDA4ZQUPFW65 | Long             | EC               | CORP              | US        |    148779 | NS      | $6657860.25   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercedes-Benz Group AG                                     | Mercedes Benz Group AG                        | CUSIP: N/A<br>LEI: 529900R27DL06UVNT076       | Long             | EC               | CORP              | DE        |     79135 | NS      | $4609833.86   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| BLOOMIN' BRANDS, INC.                                      | BLOOMIN BRANDS INC                            | CUSIP: 094235108<br>LEI: E1UJ2GO305B5FXGV7N04 | Long             | EC               | CORP              | US        |    297825 | NS      | $2564273.25   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Petroleo Brasileiro S.A. (Petrobras)                       | PETROLEO BRASILEIRO SA                        | CUSIP: N/A<br>LEI: 5493000J801JZRCMFE49       | Long             | EC               | CORP              | BR        |    977300 | NS      | $5645015.19   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco de Chile                                             | BANCO DE CHILE                                | CUSIP: N/A<br>LEI: 8B4EZFY8IHJC44TT2K84       | Long             | EC               | CORP              | CL        |  46660385 | NS      | $7059506.97   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| VALE S.A.                                                  | VALE SA                                       | CUSIP: N/A<br>LEI: 254900SMTWBX7RU2SR20       | Long             | EC               | CORP              | BR        |    912900 | NS      | $8847200.29   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Koninklijke KPN N.V.                                       | KONINKLIJKE KPN NV                            | CUSIP: N/A<br>LEI: 549300YO0JZHAL7FVP81       | Long             | EC               | CORP              | NL        |   1998500 | NS      | $9747825.26   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| COMMUNITY FINANCIAL SYSTEM, INC.                           | COMMUNITY FINANCIAL SYSTEM INC                | CUSIP: 203607106<br>LEI: 5299008N6YHE6GCP1E80 | Long             | EC               | CORP              | US        |    127580 | NS      | $7255474.60   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| LCI INDUSTRIES                                             | LCI INDUSTRIES                                | CUSIP: 50189K103<br>LEI: 549300E1B98YNJ1WIQ04 | Long             | EC               | CORP              | US        |     73962 | NS      | $6744594.78   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHERN OIL AND GAS, INC.                                 | NORTHERN OIL AND GAS INC                      | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |    175969 | NS      | $4988721.15   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CONOCOPHILLIPS                                             | CONOCOPHILLIPS                                | CUSIP: 20825C104<br>LEI: WPTL2Z3FIYTHSP5V2253 | Long             | EC               | CORP              | US        |     40100 | NS      | $3598574.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SANTANDER BANK POLSKA SPOLKA AKCYJNA                       | SANTANDER BANK POLSKA SA                      | CUSIP: N/A<br>LEI: 259400LGXW3K0GDAG361       | Long             | EC               | CORP              | PL        |     58426 | NS      | $8031990.16   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| TOURMALINE OIL CORP.                                       | TOURMALINE OIL CORP                           | CUSIP: 89156V106<br>LEI: 894500I7AXG91VB3PM28 | Long             | EC               | CORP              | CA        |     80559 | NS      | $3887137.41   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Mexico, S.A.B. de C.V.                               | GRUPO MEXICO SAB DE CV SERIES B               | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | MX        |    992134 | NS      | $6010497.58   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| WOLVERINE WORLD WIDE, INC.                                 | WOLVERINE WORLD WIDE INC                      | CUSIP: 978097103<br>LEI: 549300OVC7PK14LQ8D87 | Long             | EC               | CORP              | US        |    212908 | NS      | $3849376.64   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ABN AMRO Bank N.V.                                         | ABN AMRO GROUP NV                             | CUSIP: N/A<br>LEI: BFXS5XCH7N0Y05NIXW11       | Long             | EC               | CORP              | NL        |    252440 | NS      | $6892238.96   | 0.26%             |  |  |  | Yes           |                  2 | On Loan: No      |
| NEW JERSEY RESOURCES CORPORATION                           | NEW JERSEY RESOURCES CORP                     | CUSIP: 646025106<br>LEI: 549300QKBSQBIX4DQ583 | Long             | EC               | CORP              | US        |    227740 | NS      | $10207306.80  | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Truist Financial Corporation                               | TRUIST FINANCIAL CORP                         | CUSIP: 89832Q109<br>LEI: 549300DRQQI75D2JP341 | Long             | EC               | CORP              | US        |    156906 | NS      | $6745388.94   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| J SAINSBURY PLC                                            | J SAINSBURY PLC                               | CUSIP: N/A<br>LEI: 213800VGZAAJIKJ9Y484       | Long             | EC               | CORP              | GB        |        57 | NS      | $226.82       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| PERMIAN RESOURCES CORPORATION                              | PERMIAN RESOURCES CORP COM                    | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    369616 | NS      | $5034169.92   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CANADIAN TIRE CORPORATION, LIMITED                         | CANADIAN TIRE CORP LTD                        | CUSIP: 136681202<br>LEI: 549300RLHDA7VQYMUB14 | Long             | EC               | CORP              | CA        |     45848 | NS      | $6242479.96   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola, S.A.                                            | IBERDROLA SA                                  | CUSIP: N/A<br>LEI: 5QK37QC7NWOJ8D7WVQ45       | Long             | EC               | CORP              | ES        |    470708 | NS      | $9054345.27   | 0.35%             |  |  |  | No            |                  2 | On Loan: No      |
| DINE BRANDS GLOBAL, INC.                                   | DINE BRANDS GLOBAL INC                        | CUSIP: 254423106<br>LEI: 529900HKM8OWSHLKJY75 | Long             | EC               | CORP              | US        |    136835 | NS      | $3329195.55   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| PetroChina Company Limited                                 | PETROCHINA CO LTD                             | CUSIP: N/A<br>LEI: 529900RPY4YG47TRSV05       | Long             | EC               | CORP              | CN        |   6946000 | NS      | $5986091.59   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| PREMIER, INC.                                              | PREMIER INC                                   | CUSIP: 74051N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    256499 | NS      | $5625023.07   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CHINA GAS HOLDINGS LIMITED                                 | CHINA GAS HOLDINGS LTD                        | CUSIP: N/A<br>LEI: 254900KTSZLZ21VV8T33       | Long             | EC               | CORP              | BM        |   3645600 | NS      | $3409804.05   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| Magna International Inc.                                   | MAGNA INTERNATIONAL INC                       | CUSIP: 559222401<br>LEI: 95RWVLFZX6VGDZNNTN43 | Long             | EC               | CORP              | CA        |    100087 | NS      | $3869403.41   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| THE WILLIAMS COMPANIES, INC.                               | WILLIAMS COS INC                              | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |    144299 | NS      | $9063420.19   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| WH GROUP LIMITED                                           | WH GROUP LTD                                  | CUSIP: N/A<br>LEI: 254900A4AYEDRWYSE928       | Long             | EC               | CORP              | KY        |   5630000 | NS      | $5426321.84   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| UPM-Kymmene Oyj                                            | UPM KYMMENE OYJ                               | CUSIP: N/A<br>LEI: 213800EC6PW5VU4J9U64       | Long             | EC               | CORP              | FI        |    153486 | NS      | $4190865.32   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| AGEAS SA                                                   | AGEAS                                         | CUSIP: N/A<br>LEI: 5493005DJBML6LY3RV36       | Long             | EC               | CORP              | BE        |    117387 | NS      | $7939940.52   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| ATLANTIC UNION BANKSHARES CORPORATION                      | ATLANTIC UNION BANKSHARES                     | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    173686 | NS      | $5432898.08   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| CAL-MAINE FOODS, INC.                                      | CAL MAINE FOODS INC                           | CUSIP: 128030202<br>LEI: 549300NHE5WMIEIEMF53 | Long             | EC               | CORP              | US        |     77640 | NS      | $7735273.20   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Arca Continental, S.A.B. de C.V.                           | ARCA CONTINENTAL SAB DE CV                    | CUSIP: N/A<br>LEI: 254900U2BSJCQHJCXN24       | Long             | EC               | CORP              | MX        |    473844 | NS      | $5009060.07   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| CRESCENT ENERGY COMPANY                                    | CRESCENT ENERGY INC                           | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    424632 | NS      | $3651835.20   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PT United Tractors Tbk                                     | UNITED TRACTORS TBK PT                        | CUSIP: N/A<br>LEI: 529900N9ELYOWQV4FW14       | Long             | EC               | CORP              | ID        |   2928400 | NS      | $3869845.01   | 0.15%             |  |  |  | No            |                  2 | On Loan: No      |
| MAGNITOGORSK IRON STEEL WORKS PJSC                         | MAGNITOGORSK IRON STEEL WORKS PJSC            | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | RU        |   4673660 | NS      | $0.00         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| JARDINE MATHESON HOLDINGS LIMITED                          | JARDINE MATHESON HOLDINGS LIMITED             | CUSIP: N/A<br>LEI: 2138009KENVUNWOLPK41       | Long             | EC               | CORP              | BM        |    100600 | NS      | $4835106.75   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| PITNEY BOWES INC.                                          | PITNEY BOWES INC                              | CUSIP: 724479100<br>LEI: 549300N2O26NW4ST6W55 | Long             | EC               | CORP              | US        |    395377 | NS      | $4313563.07   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SM ENERGY COMPANY                                          | SM ENERGY CO                                  | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |    186509 | NS      | $4608637.39   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| INTER RAO YEES PAO                                         | INTER RAO UES PJSC                            | CUSIP: N/A<br>LEI: 253400PMFKF8Q8G1FA17       | Long             | EC               | CORP              | RU        | 128274200 | NS      | $0.02         | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| OIL INDIA LIMITED                                          | OIL INDIA LTD                                 | CUSIP: N/A<br>LEI: 335800XXEP14XISP1A16       | Long             | EC               | CORP              | IN        |    686143 | NS      | $3475202.58   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| COMCAST CORPORATION                                        | COMCAST CORP                                  | CUSIP: 20030N101<br>LEI: 51M0QTTNCGUN7KFCFZ59 | Long             | EC               | CORP              | US        |    112612 | NS      | $4019122.28   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| TRINITY INDUSTRIES, INC.                                   | TRINITY INDUSTRIES INC                        | CUSIP: 896522109<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | EC               | CORP              | US        |    202396 | NS      | $5466715.96   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA INC.                                                 | TEGNA INC COM                                 | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |    492478 | NS      | $8253931.28   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| EAST WEST BANCORP, INC.                                    | EAST WEST BANCORP INC                         | CUSIP: 27579R104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38797 | NS      | $3917721.06   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| KIMBERLY-CLARK CORPORATION                                 | KIMBERLY CLARK CORP                           | CUSIP: 494368103<br>LEI: MP3J6QPYPGN75NVW2S34 | Long             | EC               | CORP              | US        |     61946 | NS      | $7986078.32   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| KT&G Corporation                                           | KT G CORP                                     | CUSIP: N/A<br>LEI: 988400ZJV6ISYBLQX875       | Long             | EC               | CORP              | KR        |    100729 | NS      | $9509565.81   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| OVERSEA-CHINESE BANKING CORPORATION LIMITED                | OVERSEA CHINESE BANKING CORP LTD              | CUSIP: N/A<br>LEI: 5493007O3QFXCPOGWK22       | Long             | EC               | CORP              | SG        |    687200 | NS      | $8814262.27   | 0.34%             |  |  |  | No            |                  2 | On Loan: No      |
| SYSCO CORPORATION                                          | SYSCO CORP                                    | CUSIP: 871829107<br>LEI: 5RGWIFLMGH3YS7KWI652 | Long             | EC               | CORP              | US        |    110343 | NS      | $8357378.82   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| WPP PLC                                                    | WPP PLC                                       | CUSIP: N/A<br>LEI: 549300LSGBXPYHXGDT93       | Long             | EC               | CORP              | JE        |    482245 | NS      | $3394865.60   | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| AMPOL LIMITED                                              | AMPOL LTD                                     | CUSIP: N/A<br>LEI: 5493009TD1CGVRZ27U11       | Long             | EC               | CORP              | AU        |         7 | NS      | $118.61       | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| TARGET CORPORATION                                         | TARGET CORP                                   | CUSIP: 87612E106<br>LEI: 8WDDFXB5T1Z6J0XC1L66 | Long             | EC               | CORP              | US        |     46222 | NS      | $4559800.30   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRSTENERGY CORP.                                          | FIRSTENERGY CORP                              | CUSIP: 337932107<br>LEI: 549300SVYJS666PQJH88 | Long             | EC               | CORP              | US        |    111931 | NS      | $4506342.06   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| THE HONG KONG AND CHINA GAS COMPANY LIMITED                | HONG KONG CHINA GAS CO LTD                    | CUSIP: N/A<br>LEI: 254900P7BETXGC7YU827       | Long             | EC               | CORP              | HK        |   7484000 | NS      | $6292674.98   | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| REGIONS FINANCIAL CORPORATION                              | REGIONS FINANCIAL CORP                        | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |    290129 | NS      | $6823834.08   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| THE SOUTHERN COMPANY                                       | SOUTHERN CO                                   | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     91248 | NS      | $8379303.84   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHWEST BANCSHARES, INC.                                 | NORTHWEST BANCSHARES INC                      | CUSIP: 667340103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    400951 | NS      | $5124153.78   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SNAM S.P.A.                                                | SNAM SPA                                      | CUSIP: N/A<br>LEI: 8156002278562044AF79       | Long             | EC               | CORP              | IT        |   1138367 | NS      | $6890445.33   | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| METLIFE, INC.                                              | METLIFE INC                                   | CUSIP: 59156R108<br>LEI: C4BXATY60WC6XEOZDX54 | Long             | EC               | CORP              | US        |     79103 | NS      | $6361463.26   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| TENAGA NASIONAL BERHAD                                     | TENAGA NASIONAL BHD                           | CUSIP: N/A<br>LEI: 549300FV8X6UID6I1413       | Long             | EC               | CORP              | MY        |   3670900 | NS      | $12552521.22  | 0.48%             |  |  |  | No            |                  2 | On Loan: No      |
| DANSKE BANK A/S                                            | DANSKE BANK A S                               | CUSIP: N/A<br>LEI: MAES062Z21O4RZ2U7M96       | Long             | EC               | CORP              | DK        |    159920 | NS      | $6532720.49   | 0.25%             |  |  |  | No            |                  2 | On Loan: No      |
| PRINCIPAL FINANCIAL GROUP, INC.                            | PRINCIPAL FINANCIAL GROUP INC                 | CUSIP: 74251V102<br>LEI: CUMYEZJOAF02RYZ1JJ85 | Long             | EC               | CORP              | US        |     93227 | NS      | $7405020.61   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLY FINANCIAL INC.                                        | ALLY FINANCIAL INC                            | CUSIP: 02005N100<br>LEI: 549300JBN1OSM8YNAI90 | Long             | EC               | CORP              | US        |    122463 | NS      | $4769933.85   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTHWEST NATURAL HOLDING COMPANY                          | NORTHWEST NATURAL HOLDING CO                  | CUSIP: 66765N105<br>LEI: 254900PSJL6ZEC8FR782 | Long             | EC               | CORP              | US        |    112321 | NS      | $4461390.12   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SIMMONS FIRST NATIONAL CORPORATION                         | SIMMONS FIRST NATL CORP CL A                  | CUSIP: 828730200<br>LEI: 549300IVR5AJKUVOGN05 | Long             | EC               | CORP              | US        |    274190 | NS      | $5198642.40   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Chunghwa Telecom Co., Ltd.                                 | CHUNGHWA TELECOM CO LTD                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | TW        |   1685000 | NS      | $7795366.61   | 0.30%             |  |  |  | No            |                  2 | On Loan: No      |
| SNAP-ON INCORPORATED                                       | SNAP ON INC                                   | CUSIP: 833034101<br>LEI: HHWAT5TDOYZMM26KKQ73 | Long             | EC               | CORP              | US        |     22408 | NS      | $6972921.44   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| THE COCA-COLA COMPANY                                      | COCA COLA CO THE                              | CUSIP: 191216100<br>LEI: UWJKFUJFZ02DKWI3RY53 | Long             | EC               | CORP              | US        |    100940 | NS      | $7141505.00   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CALIFORNIA WATER SERVICE GROUP                             | CALIFORNIA WATER SERVICE GRP                  | CUSIP: 130788102<br>LEI: 529900QABDOBU6UVRQ36 | Long             | EC               | CORP              | US        |    160578 | NS      | $7303087.44   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| JACKSON FINANCIAL INC.                                     | JACKSON FINANCIAL INC                         | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |     93312 | NS      | $8285172.48   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| PTT EXPLORATION AND PRODUCTION PUBLIC COMPANY LIMITED      | PTT EXPLOR PROD PUBLIC CO                     | CUSIP: N/A<br>LEI: 2549001O8YYGP5N7Q076       | Long             | EC               | CORP              | TH        |   2259100 | NS      | $7614528.25   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| BANKUNITED, INC.                                           | BANKUNITED INC                                | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |    170704 | NS      | $6075355.36   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Ping An Insurance (Group) Company of China, Ltd.           | PING AN INSURANCE GROUP CO OF CHINA LTD       | CUSIP: N/A<br>LEI: 529900M9MC28JLN35U89       | Long             | EC               | CORP              | CN        |    414500 | NS      | $2645969.28   | 0.10%             |  |  |  | No            |                  2 | On Loan: No      |
| WINNEBAGO INDUSTRIES, INC.                                 | WINNEBAGO INDUSTRIES INC                      | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |     91101 | NS      | $2641929.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| VALLEY NATIONAL BANCORP                                    | VALLEY NATIONAL BANCORP                       | CUSIP: 919794107<br>LEI: 549300ET52S1UBIB9762 | Long             | EC               | CORP              | US        |    439300 | NS      | $3922949.00   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Asia Cement Corporation                                    | ASIA CEMENT CORP                              | CUSIP: N/A<br>LEI: 213800EFQXH43HMGJL59       | Long             | EC               | CORP              | TW        |   6702000 | NS      | $9785374.25   | 0.37%             |  |  |  | No            |                  2 | On Loan: No      |
| INDUSTRIAL BANK OF KOREA                                   | INDUSTRIAL BANK OF KOREA                      | CUSIP: N/A<br>LEI: 988400RBIWE3YA18PK12       | Long             | EC               |  | KR        |    416086 | NS      | $5620918.38   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| GOLAR LNG LIMITED                                          | GOLAR LNG LTD                                 | CUSIP: G9456A100<br>LEI: 213800C2VSFZG3EZLO34 | Long             | EC               | CORP              | BM        |    134120 | NS      | $5524402.80   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| JAPAN TOBACCO INC.                                         | JAPAN TOBACCO INC                             | CUSIP: N/A<br>LEI: 353800Z0ENYBQO0XRJ31       | Long             | EC               | CORP              | JP        |    141700 | NS      | $4174834.34   | 0.16%             |  |  |  | No            |                  2 | On Loan: No      |
| Kesko Oyj                                                  | KESKO OYJ                                     | CUSIP: N/A<br>LEI: 743700OX6HSVMCAHPB95       | Long             | EC               | CORP              | FI        |    241272 | NS      | $5950015.54   | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Far Eastern New Century Corporation                        | FAR EASTERN NEW CENTURY CORP                  | CUSIP: N/A<br>LEI: 254900CDLU5OS06M6K24       | Long             | EC               | CORP              | TW        |   4553000 | NS      | $5129066.15   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| ORIGIN ENERGY LIMITED                                      | ORIGIN ENERGY LTD                             | CUSIP: N/A<br>LEI: ZSN2LWNPYW6ISMRUC664       | Long             | EC               | CORP              | AU        |    749334 | NS      | $5324988.05   | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| HON HAI PRECISION INDUSTRY CO., LTD.                       | HON HAI PRECISION INDUSTRY CO LTD             | CUSIP: N/A<br>LEI: 30030004CM3GSZXX7O56       | Long             | EC               | CORP              | TW        |    835000 | NS      | $4607764.57   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| Pegatron Corporation                                       | PEGATRON CORP                                 | CUSIP: N/A<br>LEI: 529900M87JQS8TUO0L66       | Long             | EC               | CORP              | TW        |   2201000 | NS      | $5799200.20   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| MORGAN STANLEY                                             | MORGAN STANLEY                                | CUSIP: 617446448<br>LEI: IGJSJL3JD5P30I6NJZ34 | Long             | EC               | CORP              | US        |     56813 | NS      | $8002679.18   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| AIB GROUP PUBLIC LIMITED COMPANY                           | AIB GROUP PLC                                 | CUSIP: N/A<br>LEI: 635400AKJBGNS5WNQL34       | Long             | EC               | CORP              | IE        |    376369 | NS      | $3105721.89   | 0.12%             |  |  |  | No            |                  2 | On Loan: No      |
| BOUYGUES SA                                                | BOUYGUES                                      | CUSIP: N/A<br>LEI: 969500MOCLNQFNZN0D63       | Long             | EC               | CORP              | FR        |    167626 | NS      | $7579873.03   | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Otter Tail Corporation                                     | OTTER TAIL CORP                               | CUSIP: 689648103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72357 | NS      | $5578001.13   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| HILLENBRAND, INC.                                          | HILLENBRAND INC                               | CUSIP: 431571108<br>LEI: U246OE781574J2BUD366 | Long             | EC               | CORP              | US        |    211165 | NS      | $4238081.55   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Deutsche Post AG                                           | DHL GROUP                                     | CUSIP: N/A<br>LEI: 8ER8GIG7CSMVD8VUFE78       | Long             | EC               | CORP              | DE        |    120484 | NS      | $5580092.65   | 0.21%             |  |  |  | No            |                  2 | On Loan: No      |
| THE CLOROX COMPANY                                         | CLOROX COMPANY                                | CUSIP: 189054109<br>LEI: 54930044KVSC06Z79I06 | Long             | EC               | CORP              | US        |     51084 | NS      | $6133655.88   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| TELEKOM MALAYSIA BERHAD                                    | TELEKOM MALAYSIA BHD                          | CUSIP: N/A<br>LEI: 254900SNFPTSDGGVEK77       | Long             | EC               | CORP              | MY        |   3630000 | NS      | $5654004.24   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| MINI MSCI EAFE INDEX FUTURE SEP25                          | MINI MSCI EAFE INDEX FUTURE SEP25             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               |  | US        |     -3577 | NC      | $-4536097.80  | -0.17%            |  |  |  | No            |                  1 | On Loan: No      |
| KINDER MORGAN, INC.                                        | KINDER MORGAN INC                             | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |    292824 | NS      | $8609025.60   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ORLEN SPOLKA AKCYJNA                                       | ORLEN SA                                      | CUSIP: N/A<br>LEI: 259400VVMM70CQREJT74       | Long             | EC               | CORP              | PL        |    496492 | NS      | $11320022.98  | 0.43%             |  |  |  | No            |                  2 | On Loan: No      |
| DHT HOLDINGS, INC.                                         | DHT HOLDINGS INC                              | CUSIP: Y2065G121<br>LEI: 549300SMD6IVZYT74K40 | Long             | EC               | CORP              | MH        |    605895 | NS      | $6549724.95   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| ENEL - SPA                                                 | ENEL SPA                                      | CUSIP: N/A<br>LEI: WOCMU6HCI0OJWNPRZS33       | Long             | EC               | CORP              | IT        |    856028 | NS      | $8123279.36   | 0.31%             |  |  |  | No            |                  2 | On Loan: No      |
| Winmark Corporation                                        | WINMARK CORP                                  | CUSIP: 974250102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14022 | NS      | $5294847.42   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| FORD MOTOR COMPANY                                         | FORD MOTOR CO                                 | CUSIP: 345370860<br>LEI: 20S05OYHG0MQM4VUIC57 | Long             | EC               | CORP              | US        |    433921 | NS      | $4708042.85   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CVB FINANCIAL CORP.                                        | CVB FINANCIAL CORP                            | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    352156 | NS      | $6969167.24   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| BNP PARIBAS SA                                             | BNP PARIBAS                                   | CUSIP: N/A<br>LEI: R0MUWSFPU8MPRO8K5P83       | Long             | EC               | CORP              | FR        |     64833 | NS      | $5814890.74   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| OVINTIV INC.                                               | OVINTIV INC                                   | CUSIP: 69047Q102<br>LEI: 2549003MEX7YMKLGI239 | Long             | EC               | CORP              | US        |     87840 | NS      | $3342312.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| EMERA INCORPORATED                                         | EMERA INC                                     | CUSIP: 290876101<br>LEI: NQZVQT2P5IUF2PGA1Q48 | Long             | EC               | CORP              | CA        |    188601 | NS      | $8640518.79   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| GAIL (INDIA) LIMITED                                       | GAIL INDIA LTD                                | CUSIP: N/A<br>LEI: 335800N82LJD42ZA5L32       | Long             | EC               | CORP              | IN        |   2538857 | NS      | $5652414.93   | 0.22%             |  |  |  | No            |                  2 | On Loan: No      |
| HELMERICH & PAYNE, INC.                                    | HELMERICH PAYNE INC                           | CUSIP: 423452101<br>LEI: 254900NAOGHJ88RZ4C73 | Long             | EC               | CORP              | US        |    225707 | NS      | $3421718.12   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BASF SE                                                    | BASF SE                                       | CUSIP: N/A<br>LEI: 529900PM64WH8AF1E917       | Long             | EC               | CORP              | DE        |     92153 | NS      | $4557262.03   | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| ASR Nederland N.V.                                         | ASR NEDERLAND NV                              | CUSIP: N/A<br>LEI: 7245000G0HS48PZWUD53       | Long             | EC               | CORP              | NL        |    126712 | NS      | $8418383.77   | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** Victory Portfolios II

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer