# EDGAR Filing Document

**Accession Number:** 0000709364
**File Stem:** 0001410368-26-011019
**Filing Date:** 2026-2
**Character Count:** 73360
**Document Hash:** e0d09cc68bff86e70cec1612bdaa0a2e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-011019.hdr.sgml**: 20260212

**ACCESSION NUMBER**: 0001410368-26-011019

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260212

**DATE AS OF CHANGE**: 20260212

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ROYCE FUND
- **CENTRAL INDEX KEY:** 0000709364

**ORGANIZATION NAME:**
- **EIN:** 133139046
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03599
- **FILM NUMBER:** 26624821

**BUSINESS ADDRESS:**
- **STREET 1:** ONE MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10010
- **BUSINESS PHONE:** 2125084500

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ROYCE VALUE FUND INC
- **DATE OF NAME CHANGE:** 19851103

## Series and Classes Contracts Data

### Royce Small-Cap Opportunity Fund (Series ID: S000009512)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000026012 | Consultant Class    | ROFCX           |
| C000026013 | Investment Class    | RYPNX           |
| C000026014 | Service Class       | RYOFX           |
| C000026015 | Institutional Class | ROFIX           |
| C000038081 | R Class             | ROFRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-03599

- **c. CIK number of Registrant:** 0000709364

- **d. LEI of Registrant:** 2549002ZQ3R56YQP4I31

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

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

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

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

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

- **a. Name of Series:** Royce Small-Cap Opportunity Fund

- **b. EDGAR series identifier (if any):** S000009512

- **c. LEI of Series:** 254900Z31ISPHE5OH770

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

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

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1087387041.34

**Total Liabilities:** $10703500.29

**Net Assets:** $1076683541.05

**Cash Not Reported:** $40506.42

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000026012 | 1.62%                | -1.67%               | 1.54%                |
| Class ID C000026013 | 1.70%                | -1.56%               | 1.63%                |
| Class ID C000026014 | 1.68%                | -1.59%               | 1.61%                |
| Class ID C000026015 | 1.71%                | -1.52%               | 1.59%                |
| Class ID C000038081 | 1.63%                | -1.61%               | 1.59%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $17469865.73             | $2176561.64                                |
| Month 2  | $11978924.46             | $-29055663.79                              |
| Month 3  | $11614118.51             | $6994736.55                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| AAR Corp                                | AAR Corp                                | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |     96402 | NS      | $7981121.58   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| ACV Auctions Inc                        | ACV Auctions Inc                        | CUSIP: 00091G104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    531451 | NS      | $4262237.02   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| A10 Networks Inc                        | A10 Networks Inc                        | CUSIP: 002121101<br>LEI: 549300UQD4IWUML81Q35 | Long             | EC               | CORP              | US        |    392888 | NS      | $6950188.72   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Abacus Global Management Inc            | Abacus Global Management Inc            | CUSIP: 00258Y104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    774266 | NS      | $6619974.30   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Abercrombie & Fitch Co                  | Abercrombie & Fitch Co                  | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Long             | EC               | CORP              | US        |     42232 | NS      | $5315741.84   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ADTRAN Holdings Inc                     | ADTRAN Holdings Inc                     | CUSIP: 00486H105<br>LEI: 549300VV36J86CRRWF77 | Long             | EC               | CORP              | US        |    728207 | NS      | $6328118.83   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| TIC Solutions Inc                       | TIC Solutions Inc                       | CUSIP: 00510N102<br>LEI: 213800ZDFRNC8QXEZ481 | Long             | EC               | CORP              | US        |    387400 | NS      | $3916614.00   | 0.36%             |  |  |  | No            |                  1 | On Loan: —       |
| Advance Auto Parts Inc                  | Advance Auto Parts Inc                  | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |    170664 | NS      | $6707095.20   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Arq Inc                                 | Arq Inc                                 | CUSIP: 00770C101<br>LEI: 52990086HRJSW2EZQH40 | Long             | EC               | CORP              | US        |    798117 | NS      | $2609842.59   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Energy Industries Inc          | Advanced Energy Industries Inc          | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |     27898 | NS      | $5841004.26   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Alignment Healthcare Inc                | Alignment Healthcare Inc                | CUSIP: 01625V104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    284162 | NS      | $5612199.50   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ATI Inc                                 | ATI Inc                                 | CUSIP: 01741R102<br>LEI: ZW1LRE7C3H17O2ZN9B45 | Long             | EC               | CORP              | US        |     71502 | NS      | $8205569.52   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Almonty Industries Inc                  | Almonty Industries Inc                  | CUSIP: 020398707<br>LEI: 54930049R1BTGV5RJ021 | Long             | EC               | CORP              | CA        |    454325 | NS      | $4002603.25   | 0.37%             |  |  |  | No            |                  1 | On Loan: —       |
| Ameresco Inc                            | Ameresco Inc                            | CUSIP: 02361E108<br>LEI: 529900NZXZGBCBXYY327 | Long             | EC               | CORP              | US        |    203341 | NS      | $5955857.89   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Amentum Holdings Inc                    | Amentum Holdings Inc                    | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |    269383 | NS      | $7812107.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| American Public Education Inc           | American Public Education Inc           | CUSIP: 02913V103<br>LEI: 254900GZNX6TJQGM4S17 | Long             | EC               | CORP              | US        |    194193 | NS      | $7340495.40   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| American Superconductor Corp            | American Superconductor Corp            | CUSIP: 030111207<br>LEI: 549300S9YT8Z8LOK4452 | Long             | EC               | CORP              | US        |     83968 | NS      | $2416599.04   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Amkor Technology Inc                    | Amkor Technology Inc                    | CUSIP: 031652100<br>LEI: 529900VHLRTKPWZJBM84 | Long             | EC               | CORP              | US        |    202982 | NS      | $8013729.36   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| AngioDynamics Inc                       | AngioDynamics Inc                       | CUSIP: 03475V101<br>LEI: 549300W3VKC5ZKMO8C28 | Long             | EC               | CORP              | US        |    590607 | NS      | $7583393.88   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Astrana Health Inc                      | Astrana Health Inc                      | CUSIP: 03763A207<br>LEI: 5493008O4R82Q4STJ936 | Long             | EC               | CORP              | US        |    188599 | NS      | $4679141.19   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Optoelectronics Inc             | Applied Optoelectronics Inc             | CUSIP: 03823U102<br>LEI: 529900I8U6Q5SYDNLT48 | Long             | EC               | CORP              | US        |    249411 | NS      | $8694467.46   | 0.81%             |  |  |  | No            |                  1 | On Loan: —       |
| Apyx Medical Corp                       | Apyx Medical Corp                       | CUSIP: 03837C106<br>LEI: 5299009QZVYUYO082S45 | Long             | EC               | CORP              | US        |    628065 | NS      | $2198227.50   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Archrock Inc                            | Archrock Inc                            | CUSIP: 03957W106<br>LEI: 549300K3RIHMHDVFTL28 | Long             | EC               | CORP              | US        |    149837 | NS      | $3898758.74   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Arlo Technologies Inc                   | Arlo Technologies Inc                   | CUSIP: 04206A101<br>LEI: 549300T4EUX2OQ75HV52 | Long             | EC               | CORP              | US        |    351356 | NS      | $4915470.44   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Artisan Partners Asset Management Inc   | Artisan Partners Asset Management Inc   | CUSIP: 04316A108<br>LEI: 549300T1FUI6JF63XU51 | Long             | EC               | CORP              | US        |    122764 | NS      | $5001405.36   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Astronics Corp                          | Astronics Corp                          | CUSIP: 046433108<br>LEI: 549300NNXCF8H4MSMK17 | Long             | EC               | CORP              | US        |    165734 | NS      | $8989412.16   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Aviat Networks Inc                      | Aviat Networks Inc                      | CUSIP: 05366Y201<br>LEI: 549300Z3X8Z4MK52CI65 | Long             | EC               | CORP              | US        |    354303 | NS      | $7574998.14   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Axcelis Technologies Inc                | Axcelis Technologies Inc                | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |     49529 | NS      | $3979159.86   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial Inc                      | Axos Financial Inc                      | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |     51166 | NS      | $4408462.56   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| BWX Technologies Inc                    | BWX Technologies Inc                    | CUSIP: 05605H100<br>LEI: 549300NP85N265KWMS58 | Long             | EC               | CORP              | US        |     17740 | NS      | $3066181.60   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Babcock & Wilcox Enterprises Inc        | Babcock & Wilcox Enterprises Inc        | CUSIP: 05614L209<br>LEI: 5493006H661OZN2C0T54 | Long             | EC               | CORP              | US        |    187643 | NS      | $1189656.62   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BankUnited Inc                          | BankUnited Inc                          | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |    197051 | NS      | $8782563.07   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| BayCom Corp                             | BayCom Corp                             | CUSIP: 07272M107<br>LEI: 549300UOLS54Q5ONIG33 | Long             | EC               | CORP              | US        |    227211 | NS      | $6680003.40   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Bioventus Inc                           | Bioventus Inc                           | CUSIP: 09075A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    676262 | NS      | $5031389.28   | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Strata Critical Medical Inc             | Strata Critical Medical Inc             | CUSIP: 092667104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    206680 | NS      | $994130.80    | 0.09%             |  |  |  | No            |                  1 | On Loan: —       |
| Blend Labs Inc                          | Blend Labs Inc                          | CUSIP: 09352U108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    639319 | NS      | $1943529.76   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co                        | Boise Cascade Co                        | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |     43529 | NS      | $3203734.40   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Business First Bancshares Inc           | Business First Bancshares Inc           | CUSIP: 12326C105<br>LEI: 549300ILTC50KHDX4A08 | Long             | EC               | CORP              | US        |    284314 | NS      | $7431967.96   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| CECO Environmental Corp                 | CECO Environmental Corp                 | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |    154467 | NS      | $9244849.95   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| CTS Corp                                | CTS Corp                                | CUSIP: 126501105<br>LEI: 549300YV1HQLBVHOI649 | Long             | EC               | CORP              | US        |    124780 | NS      | $5349318.60   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Cactus Inc                              | Cactus Inc                              | CUSIP: 127203107<br>LEI: 549300J3T8C9F8QFKV08 | Long             | EC               | CORP              | US        |    101392 | NS      | $4631586.56   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Camping World Holdings Inc              | Camping World Holdings Inc              | CUSIP: 13462K109<br>LEI: 549300E828QQI7MWI432 | Long             | EC               | CORP              | US        |    204231 | NS      | $1987167.63   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Canaccord Genuity Group Inc             | Canaccord Genuity Group Inc             | CUSIP: 134801109<br>LEI: 5493002DR5KW4JP7YS87 | Long             | EC               | CORP              | CA        |    798685 | NS      | $6435799.13   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Capstone Copper Corp                    | Capstone Copper Corp                    | CUSIP: 14071L108<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |    918966 | NS      | $9226149.49   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Carter's Inc                            | Carter's Inc                            | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |    108753 | NS      | $3526859.79   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries Inc                    | Cavco Industries Inc                    | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4277 | NS      | $2526594.98   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Ceribell Inc                            | Ceribell Inc                            | CUSIP: 15678C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    290161 | NS      | $6363230.73   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearfield Inc                          | Clearfield Inc                          | CUSIP: 18482P103<br>LEI: 529900M4S2OQ1ADPR537 | Long             | EC               | CORP              | US        |     75078 | NS      | $2188523.70   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohu Inc                                | Cohu Inc                                | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |    305128 | NS      | $7100328.56   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corp                             | Enovis Corp                             | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |    153166 | NS      | $4080342.24   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co                    | Commercial Metals Co                    | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |     92139 | NS      | $6377861.58   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Comstock Resources Inc                  | Comstock Resources Inc                  | CUSIP: 205768302<br>LEI: I03QQGEA4SS774AURI46 | Long             | EC               | CORP              | US        |    213636 | NS      | $4952082.48   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Comtech Telecommunications Corp         | Comtech Telecommunications Corp         | CUSIP: 205826209<br>LEI: 529900FTEZ8MGM0Y8F73 | Long             | EC               | CORP              | US        |    887141 | NS      | $4692975.89   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentra Group Holdings Parent Inc     | Concentra Group Holdings Parent Inc     | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    205259 | NS      | $4039497.12   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Concrete Pumping Holdings Inc           | Concrete Pumping Holdings Inc           | CUSIP: 206704108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    598421 | NS      | $4015404.91   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Construction Partners Inc               | Construction Partners Inc               | CUSIP: 21044C107<br>LEI: 549300MHLFL4E8JLZU44 | Long             | EC               | CORP              | US        |     48592 | NS      | $5274661.60   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Artivion Inc                            | Artivion Inc                            | CUSIP: 228903100<br>LEI: 549300YTKV8DMSMG6K81 | Long             | EC               | CORP              | US        |    116589 | NS      | $5317624.29   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp Inc                   | Customers Bancorp Inc                   | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |     84335 | NS      | $6166575.20   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| DHI Group Inc                           | DHI Group Inc                           | CUSIP: 23331S100<br>LEI: 529900489RAC0CU0AO81 | Long             | EC               | CORP              | US        |    182166 | NS      | $282357.30    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc                  | Digi International Inc                  | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |    197386 | NS      | $8544839.94   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Dillard's Inc                           | Dillard's Inc                           | CUSIP: 254067101<br>LEI: 529900FGYKMWL6019P91 | Long             | EC               | CORP              | US        |     11232 | NS      | $6810410.88   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Dime Community Bancshares Inc           | Dime Community Bancshares Inc           | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    197101 | NS      | $5930769.09   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Ducommun Inc                            | Ducommun Inc                            | CUSIP: 264147109<br>LEI: 549300Z71HMWF90S2214 | Long             | EC               | CORP              | US        |     55268 | NS      | $5257644.84   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| elf Beauty Inc                          | elf Beauty Inc                          | CUSIP: 26856L103<br>LEI: 549300U2K9TCON25C029 | Long             | EC               | CORP              | US        |     37536 | NS      | $2854237.44   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Encore Capital Group Inc                | Encore Capital Group Inc                | CUSIP: 292554102<br>LEI: 5493000UVC6H49CIH830 | Long             | EC               | CORP              | US        |     94062 | NS      | $5112269.70   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| EPAM Systems Inc                        | EPAM Systems Inc                        | CUSIP: 29414B104<br>LEI: 549300XCR4R530HJP604 | Long             | EC               | CORP              | US        |     29450 | NS      | $6033716.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide Inc                   | Euronet Worldwide Inc                   | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |     69075 | NS      | $5257298.25   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                            | Evercore Inc                            | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |     13518 | NS      | $4599499.50   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| EverQuote Inc                           | EverQuote Inc                           | CUSIP: 30041R108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    157304 | NS      | $4247208.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowco Holdings Inc                     | Flowco Holdings Inc                     | CUSIP: 342909108<br>LEI: 529900837MXVPIR9FZ68 | Long             | EC               | CORP              | US        |    173378 | NS      | $3249103.72   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Flotek Industries Inc                   | Flotek Industries Inc                   | CUSIP: 343389409<br>LEI: 549300TF60OEK4FPPC44 | Long             | EC               | CORP              | US        |     80533 | NS      | $1387583.59   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| FormFactor Inc                          | FormFactor Inc                          | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |    161069 | NS      | $8984428.82   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Infrastructure Inc                 | FTAI Infrastructure Inc                 | CUSIP: 35953C106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1458036 | NS      | $6721545.96   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Gentherm Inc                            | Gentherm Inc                            | CUSIP: 37253A103<br>LEI: HKM6YX1U5JS60TCUB219 | Long             | EC               | CORP              | US        |    180681 | NS      | $6571367.97   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Gibraltar Industries Inc                | Gibraltar Industries Inc                | CUSIP: 374689107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     64549 | NS      | $3191302.56   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Grid Dynamics Holdings Inc              | Grid Dynamics Holdings Inc              | CUSIP: 39813G109<br>LEI: 9845007E77EEC65AZE29 | Long             | EC               | CORP              | US        |    356250 | NS      | $3216937.50   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Harrow Inc                              | Harrow Inc                              | CUSIP: 415858109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    134950 | NS      | $6612550.00   | 0.61%             |  |  |  | No            |                  1 | On Loan: —       |
| Healthcare Services Group Inc           | Healthcare Services Group Inc           | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |    216926 | NS      | $4147625.12   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Helios Technologies Inc                 | Helios Technologies Inc                 | CUSIP: 42328H109<br>LEI: 5493000BCJSMIDRNTI78 | Long             | EC               | CORP              | US        |    133815 | NS      | $7157764.35   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilltop Holdings Inc                    | Hilltop Holdings Inc                    | CUSIP: 432748101<br>LEI: 54930010TA543US0PM65 | Long             | EC               | CORP              | US        |    156678 | NS      | $5317651.32   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Hub Group Inc                           | Hub Group Inc                           | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    135997 | NS      | $5794832.17   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| IAC Inc                                 | IAC Inc                                 | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Long             | EC               | CORP              | US        |    165701 | NS      | $6478909.10   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| IPG Photonics Corp                      | IPG Photonics Corp                      | CUSIP: 44980X109<br>LEI: 5493002KZ51CADQ94G15 | Long             | EC               | CORP              | US        |     64457 | NS      | $4615121.20   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Identiv Inc                             | Identiv Inc                             | CUSIP: 45170X205<br>LEI: 5299008KH3C585Z0DS77 | Long             | EC               | CORP              | US        |    589336 | NS      | $2263050.24   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| IMAX Corp                               | IMAX Corp                               | CUSIP: 45245E109<br>LEI: 894500GS1ESLAPZCEI74 | Long             | EC               | CORP              | CA        |    132272 | NS      | $4888773.12   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| indie Semiconductor Inc                 | indie Semiconductor Inc                 | CUSIP: 45569U101<br>LEI: 254900L1MFXFYGB1PV53 | Long             | EC               | CORP              | US        |    934650 | NS      | $3299314.50   | 0.31%             |  |  |  | No            |                  1 | On Loan: —       |
| Ingevity Corp                           | Ingevity Corp                           | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |    134312 | NS      | $7948584.16   | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Innoviva Inc                            | Innoviva Inc                            | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               | CORP              | US        |    267171 | NS      | $5340748.29   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Inseego Corp                            | Inseego Corp                            | CUSIP: 45782B302<br>LEI: 549300E27VG1NWGNA141 | Long             | EC               | CORP              | US        |    276298 | NS      | $2837580.46   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| inTEST Corp                             | inTEST Corp                             | CUSIP: 461147100<br>LEI: 549300RJJBPHDOAVDU15 | Long             | EC               | CORP              | US        |    519284 | NS      | $3879051.48   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Intrepid Potash Inc                     | Intrepid Potash Inc                     | CUSIP: 46121Y201<br>LEI: 549300OZ696E2PRRTO45 | Long             | EC               | CORP              | US        |     95067 | NS      | $2636207.91   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| I3 Verticals Inc                        | I3 Verticals Inc                        | CUSIP: 46571Y107<br>LEI: 549300944CYWVP06CJ97 | Long             | EC               | CORP              | US        |    234235 | NS      | $5900379.65   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| J Jill Inc                              | J Jill Inc                              | CUSIP: 46620W201<br>LEI: 529900I19PJIF8MIDL12 | Long             | EC               | CORP              | US        |    310264 | NS      | $4256822.08   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus International Group Inc           | Janus International Group Inc           | CUSIP: 47103N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    368483 | NS      | $2409878.82   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Kingstone Cos Inc                       | Kingstone Cos Inc                       | CUSIP: 496719105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    242079 | NS      | $4074189.57   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Knowles Corp                            | Knowles Corp                            | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |    318080 | NS      | $6816454.40   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Kodiak Gas Services Inc                 | Kodiak Gas Services Inc                 | CUSIP: 50012A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    168178 | NS      | $6289857.20   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Kopin Corp                              | Kopin Corp                              | CUSIP: 500600101<br>LEI: 52990031GUBB61RXCD89 | Long             | EC               | CORP              | US        |   2271230 | NS      | $5314678.20   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions Inc | Kratos Defense & Security Solutions Inc | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |     69079 | NS      | $5243786.89   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Kulicke & Soffa Industries Inc          | Kulicke & Soffa Industries Inc          | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Long             | EC               | CORP              | US        |     66689 | NS      | $3038350.84   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyndryl Holdings Inc                    | Kyndryl Holdings Inc                    | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |    246223 | NS      | $6539682.88   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| LSI Industries Inc                      | LSI Industries Inc                      | CUSIP: 50216C108<br>LEI: 529900HY42OANH6BVT33 | Long             | EC               | CORP              | US        |    219266 | NS      | $4016953.12   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Lakeland Industries Inc                 | Lakeland Industries Inc                 | CUSIP: 511795106<br>LEI: 549300HGP70IM9WKU164 | Long             | EC               | CORP              | US        |    429909 | NS      | $3800395.56   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Leonardo DRS Inc                        | Leonardo DRS Inc                        | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Long             | EC               | CORP              | US        |    132084 | NS      | $4502743.56   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy Inc                      | Liberty Energy Inc                      | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    316229 | NS      | $5837587.34   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| LifeMD Inc                              | LifeMD Inc                              | CUSIP: 53216B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    495175 | NS      | $1688546.75   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Limbach Holdings Inc                    | Limbach Holdings Inc                    | CUSIP: 53263P105<br>LEI: 254900EW8KXT5ZTWQI30 | Long             | EC               | CORP              | US        |     59256 | NS      | $4613079.60   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Lionsgate Studios Corp                  | Lionsgate Studios Corp                  | CUSIP: 53626N102<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    838481 | NS      | $7655331.53   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| LiveRamp Holdings Inc                   | LiveRamp Holdings Inc                   | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |    134641 | NS      | $3954406.17   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnite Inc                             | Magnite Inc                             | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |    242062 | NS      | $3928666.26   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Major Drilling Group International Inc  | Major Drilling Group International Inc  | CUSIP: 560909103<br>LEI: 549300O1MNHCX2FUBC21 | Long             | EC               | CORP              | CA        |    730482 | NS      | $6865482.35   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| MarineMax Inc                           | MarineMax Inc                           | CUSIP: 567908108<br>LEI: 254900TIXTN8WY3FNN63 | Long             | EC               | CORP              | US        |    219885 | NS      | $5327813.55   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Marten Transport Ltd                    | Marten Transport Ltd                    | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    152290 | NS      | $1733060.20   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co                    | Matador Resources Co                    | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     61473 | NS      | $2608914.12   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Materion Corp                           | Materion Corp                           | CUSIP: 576690101<br>LEI: 549300CJ5RI351SUYT02 | Long             | EC               | CORP              | US        |     58997 | NS      | $7334507.04   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Matrix Service Co                       | Matrix Service Co                       | CUSIP: 576853105<br>LEI: 529900VYBKSX6HD2YW58 | Long             | EC               | CORP              | US        |     71131 | NS      | $832232.70    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Mattr Corp                              | Mattr Corp                              | CUSIP: 57722Y102<br>LEI: 549300KP4U2Z1IKXOL88 | Long             | EC               | CORP              | CA        |    130806 | NS      | $760505.54    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Mayville Engineering Co Inc             | Mayville Engineering Co Inc             | CUSIP: 578605107<br>LEI: 9845008D43E42A7FC362 | Long             | EC               | CORP              | US        |    339664 | NS      | $6358510.08   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury Systems Inc                     | Mercury Systems Inc                     | CUSIP: 589378108<br>LEI: 549300P3B84SGK7HH679 | Long             | EC               | CORP              | US        |    107210 | NS      | $7827402.10   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Mistras Group Inc                       | Mistras Group Inc                       | CUSIP: 60649T107<br>LEI: 5493000CMNXVLND3FU73 | Long             | EC               | CORP              | US        |    692808 | NS      | $8764021.20   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co                 | Modine Manufacturing Co                 | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |     57669 | NS      | $7699388.19   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co                             | Moelis & Co                             | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     85525 | NS      | $5878988.50   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Montrose Environmental Group Inc        | Montrose Environmental Group Inc        | CUSIP: 615111101<br>LEI: 254900ASI8K3LUB8Q958 | Long             | EC               | CORP              | US        |    228213 | NS      | $5666528.79   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Myriad Genetics Inc                     | Myriad Genetics Inc                     | CUSIP: 62855J104<br>LEI: 52990044IHUOUMETT163 | Long             | EC               | CORP              | US        |    329054 | NS      | $2023682.10   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Voyix Corp                          | NCR Voyix Corp                          | CUSIP: 62886E108<br>LEI: 549300YKTY8JX1DV2R67 | Long             | EC               | CORP              | US        |    367005 | NS      | $3743451.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Atleos Corp                         | NCR Atleos Corp                         | CUSIP: 63001N106<br>LEI: 9845005FC3S0VA714741 | Long             | EC               | CORP              | US        |    200328 | NS      | $7634500.08   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| NPK International Inc                   | NPK International Inc                   | CUSIP: 651718504<br>LEI: 54930073OHWDQW4DJN26 | Long             | EC               | CORP              | US        |    640373 | NS      | $7633246.16   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| nLight Inc                              | nLight Inc                              | CUSIP: 65487K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    176979 | NS      | $6638482.29   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Noranda Aluminum Holding Corp           | Noranda Aluminum Holding Corp           | CUSIP: 65542W206<br>LEI: 5493002XKIUDJWJUU032 | Long             | EC               | CORP              | US        |    488157 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Northern Oil & Gas Inc                  | Northern Oil & Gas Inc                  | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |    119700 | NS      | $2569959.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| NWPX Infrastructure Inc                 | NWPX Infrastructure Inc                 | CUSIP: 667746101<br>LEI: 54930056VW2CRCZ9RE54 | Long             | EC               | CORP              | US        |    126573 | NS      | $7909546.77   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| DNOW Inc                                | DNOW Inc                                | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |    704857 | NS      | $9339355.25   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| OceanFirst Financial Corp               | OceanFirst Financial Corp               | CUSIP: 675234108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    150441 | NS      | $2700415.95   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| OneWater Marine Inc                     | OneWater Marine Inc                     | CUSIP: 68280L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    180827 | NS      | $1956548.14   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation Inc                     | Onto Innovation Inc                     | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |     15044 | NS      | $2374845.84   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| OptimizeRx Corp                         | OptimizeRx Corp                         | CUSIP: 68401U204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    370951 | NS      | $4547859.26   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Orion Group Holdings Inc                | Orion Group Holdings Inc                | CUSIP: 68628V308<br>LEI: 549300KBVXPV9Q3CT222 | Long             | EC               | CORP              | US        |    902054 | NS      | $8966416.76   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Parsons Corp                            | Parsons Corp                            | CUSIP: 70202L102<br>LEI: 549300ZXH0VRBSEPX752 | Long             | EC               | CORP              | US        |     42424 | NS      | $2621803.20   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Penguin Solutions Inc                   | Penguin Solutions Inc                   | CUSIP: 706915105<br>LEI: 254900DVWIPOY3GJ8E23 | Long             | EC               | CORP              | US        |    312259 | NS      | $6107786.04   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Perella Weinberg Partners               | Perella Weinberg Partners               | CUSIP: 71367G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    409736 | NS      | $7088432.80   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Powerfleet Inc NJ                       | Powerfleet Inc NJ                       | CUSIP: 73931J109<br>LEI: 2549007NKEFPYEH4MF81 | Long             | EC               | CORP              | US        |   1007377 | NS      | $5359245.64   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Primoris Services Corp                  | Primoris Services Corp                  | CUSIP: 74164F103<br>LEI: 549300UF3OLBJ8D5K349 | Long             | EC               | CORP              | US        |     53495 | NS      | $6640869.30   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Privia Health Group Inc                 | Privia Health Group Inc                 | CUSIP: 74276R102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    323966 | NS      | $7681233.86   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Proficient Auto Logistics Inc           | Proficient Auto Logistics Inc           | CUSIP: 74317M104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    329277 | NS      | $3174230.28   | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| QuinStreet Inc                          | QuinStreet Inc                          | CUSIP: 74874Q100<br>LEI: 549300TP8MFBFPOS4Y78 | Long             | EC               | CORP              | US        |    321896 | NS      | $4625645.52   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| RH                                      | RH                                      | CUSIP: 74967X103<br>LEI: 5493008MTS3OGGMHGK69 | Long             | EC               | CORP              | US        |     25024 | NS      | $4483049.60   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| RXO Inc                                 | RXO Inc                                 | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Long             | EC               | CORP              | US        |    146851 | NS      | $1856196.64   | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Radiant Logistics Inc                   | Radiant Logistics Inc                   | CUSIP: 75025X100<br>LEI: 549300HWCW2HBOG4GN20 | Long             | EC               | CORP              | US        |    809802 | NS      | $5126046.66   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| RadNet Inc                              | RadNet Inc                              | CUSIP: 750491102<br>LEI: 529900RECG94V2IZJ970 | Long             | EC               | CORP              | US        |     61784 | NS      | $4408288.40   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Resources Corp                    | Range Resources Corp                    | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |     52559 | NS      | $1853230.34   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Ranger Energy Services Inc              | Ranger Energy Services Inc              | CUSIP: 75282U104<br>LEI: 549300J7RIVGVAN0RE23 | Long             | EC               | CORP              | US        |    343833 | NS      | $4806785.34   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Ranpak Holdings Corp                    | Ranpak Holdings Corp                    | CUSIP: 75321W103<br>LEI: 5493000Z9EZR9DCYOO86 | Long             | EC               | CORP              | US        |    699037 | NS      | $3781790.17   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies Inc                | Resideo Technologies Inc                | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |    260032 | NS      | $9132323.84   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Ribbon Communications Inc               | Ribbon Communications Inc               | CUSIP: 762544104<br>LEI: 549300L1E8Z8RL7CUL52 | Long             | EC               | CORP              | US        |   1719181 | NS      | $4951241.28   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half Inc                         | Robert Half Inc                         | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |    173536 | NS      | $4713237.76   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| SandRidge Energy Inc                    | SandRidge Energy Inc                    | CUSIP: 80007P869<br>LEI: W1MKPVGS6I5155L7VV67 | Long             | EC               | CORP              | US        |    479383 | NS      | $6917496.69   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Seacoast Banking Corp of Florida        | Seacoast Banking Corp of Florida        | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |    278005 | NS      | $8734917.10   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Water Solutions Inc              | Select Water Solutions Inc              | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |    866391 | NS      | $9114433.32   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Medical Holdings Corp            | Select Medical Holdings Corp            | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    215787 | NS      | $3204436.95   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoals Technologies Group Inc           | Shoals Technologies Group Inc           | CUSIP: 82489W107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    736232 | NS      | $6257972.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Silicon Motion Technology Corp          | Silicon Motion Technology Corp          | CUSIP: 82706C108<br>LEI: 5299005RBVBZQJTYFC89 | Long             | EC               | CORP              | KY        |     50375 | NS      | $4669762.50   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| SiteOne Landscape Supply Inc            | SiteOne Landscape Supply Inc            | CUSIP: 82982L103<br>LEI: 5299008LX7SBD4HIAU03 | Long             | EC               | CORP              | US        |     41333 | NS      | $5148438.48   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Champion Homes Inc                      | Champion Homes Inc                      | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     85727 | NS      | $7243931.50   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| SMARTRENT INC                           | SmartRent Inc                           | CUSIP: 83193G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1027659 | NS      | $2075871.18   | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Solaris Energy Infrastructure Inc       | Solaris Energy Infrastructure Inc       | CUSIP: 83418M103<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | EC               | CORP              | US        |    164337 | NS      | $7554571.89   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonos Inc                               | Sonos Inc                               | CUSIP: 83570H108<br>LEI: 549300WEPU6075I77M08 | Long             | EC               | CORP              | US        |    244144 | NS      | $4287168.64   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Starz Entertainment Corp                | Starz Entertainment Corp                | CUSIP: 855919106<br>LEI: 5493000JSMHPHZURLM72 | Long             | EC               | CORP              | CA        |    238622 | NS      | $2791877.40   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Fixed Income Clearing Corp              | FIXED INC CLEARING CORP.REPO            | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |  29892936 | PA      | $29892936.25  | 2.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Talkspace Inc                           | Talkspace Inc                           | CUSIP: 87427V103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1015213 | NS      | $3685223.19   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Tandem Diabetes Care Inc                | Tandem Diabetes Care Inc                | CUSIP: 875372203<br>LEI: 549300JEPFOD0K4D3I05 | Long             | EC               | CORP              | US        |    353666 | NS      | $7773578.68   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Teleflex Inc                            | Teleflex Inc                            | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |     50055 | NS      | $6108712.20   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| TETRA Technologies Inc                  | TETRA Technologies Inc                  | CUSIP: 88162F105<br>LEI: 549300T5W131705EK832 | Long             | EC               | CORP              | US        |   1015604 | NS      | $9516209.48   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Metallus Inc                            | Metallus Inc                            | CUSIP: 887399103<br>LEI: 549300QZTZWHDE9HJL14 | Long             | EC               | CORP              | US        |    258989 | NS      | $4444251.24   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan International Inc                 | Titan International Inc                 | CUSIP: 88830M102<br>LEI: 254900CXRGBE7C4B5A06 | Long             | EC               | CORP              | US        |    340630 | NS      | $2667132.90   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan Machinery Inc                     | Titan Machinery Inc                     | CUSIP: 88830R101<br>LEI: 549300835ZM8G0BT5C94 | Long             | EC               | CORP              | US        |    200806 | NS      | $3020122.24   | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Towne Bank/Portsmouth VA                | Towne Bank/Portsmouth VA                | CUSIP: 89214P109<br>LEI: 54930039UO39UJGI7078 | Long             | EC               | CORP              | US        |    115566 | NS      | $3856437.42   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| TrueBlue Inc                            | TrueBlue Inc                            | CUSIP: 89785X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    498050 | NS      | $2266127.50   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultra Clean Holdings Inc                | Ultra Clean Holdings Inc                | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |    305436 | NS      | $7736693.88   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp                                | VSE Corp                                | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |     29261 | NS      | $5055422.97   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Varex Imaging Corp                      | Varex Imaging Corp                      | CUSIP: 92214X106<br>LEI: 549300CWYWPVCT8E9W67 | Long             | EC               | CORP              | US        |    362373 | NS      | $4221645.45   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeco Instruments Inc                   | Veeco Instruments Inc                   | CUSIP: 922417100<br>LEI: 5493004201F72ADDZW04 | Long             | EC               | CORP              | US        |    251584 | NS      | $7190270.72   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X Inc                                 | V2X Inc                                 | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     74391 | NS      | $4058029.05   | 0.38%             |  |  |  | No            |                  1 | On Loan: —       |
| Veritone Inc                            | Veritone Inc                            | CUSIP: 92347M100<br>LEI: 549300XTAS2FCSL4EL89 | Long             | EC               | CORP              | US        |    471102 | NS      | $2190624.30   | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Vermilion Energy Inc                    | Vermilion Energy Inc                    | CUSIP: 923725105<br>LEI: 8945009D1HGCJC8M8A68 | Long             | EC               | CORP              | CA        |    476438 | NS      | $3964097.45   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Pursuit Attractions and Hospitality Inc | Pursuit Attractions and Hospitality Inc | CUSIP: 92552R406<br>LEI: 549300PXU4ZW7LPO5Y40 | Long             | EC               | CORP              | US        |    154587 | NS      | $5206490.16   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Viant Technology Inc                    | Viant Technology Inc                    | CUSIP: 92557A101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    495874 | NS      | $5970322.96   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Victoria's Secret & Co                  | Victoria's Secret & Co                  | CUSIP: 926400102<br>LEI: 5493006T3O70U3UWVF17 | Long             | EC               | CORP              | US        |    158540 | NS      | $8588111.80   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Victory Capital Holdings Inc            | Victory Capital Holdings Inc            | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               | CORP              | US        |    117603 | NS      | $7419573.27   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Precision Group Inc              | Vishay Precision Group Inc              | CUSIP: 92835K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    112899 | NS      | $4346611.50   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Wabash National Corp                    | Wabash National Corp                    | CUSIP: 929566107<br>LEI: 5299004ZAWHQZI5XO485 | Long             | EC               | CORP              | US        |    102495 | NS      | $886581.75    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Walker & Dunlop Inc                     | Walker & Dunlop Inc                     | CUSIP: 93148P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98004 | NS      | $5894940.60   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Werner Enterprises Inc                  | Werner Enterprises Inc                  | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Long             | EC               | CORP              | US        |     73488 | NS      | $2205374.88   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO International Inc                 | WESCO International Inc                 | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |     21430 | NS      | $5242635.20   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Winnebago Industries Inc                | Winnebago Industries Inc                | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |    131226 | NS      | $5317277.52   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Policy Holding Co Inc            | Public Policy Holding Co Inc            | CUSIP: 744430208<br>LEI: 2138008Z7B1IXVVJAZ79 | Long             | EC               | CORP              | US        |    135110 | NS      | $1930620.02   | 0.18%             |  |  |  | No            |                  2 | On Loan: No      |
| AMG Critical Materials NV               | AMG Critical Materials NV               | CUSIP: 000000000<br>LEI: 5493006MN6OH67U2YI74 | Long             | EC               | CORP              | NL        |    177226 | NS      | $5868906.75   | 0.55%             |  |  |  | No            |                  2 | On Loan: No      |
| Federated Government Obligations Fund   | Federated Government Obligations Fund   | CUSIP: 60934N807<br>LEI: 254900VAJ9169N7JRF45 | Long             | STIV             | RF                | US        |   9223876 | NS      | $9223875.75   | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Capri Holdings Ltd                      | Capri Holdings Ltd                      | CUSIP: 000000000<br>LEI: 549300LPG8W0H1OX3A26 | Long             | EC               | CORP              | VG        |    148588 | NS      | $3625547.20   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| CI&T Inc                                | CI&T Inc                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    483510 | NS      | $1967885.70   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Ferroglobe PLC                          | Ferroglobe PLC                          | CUSIP: 000000000<br>LEI: 2138005GCFJACFTZUD90 | Long             | EC               | CORP              | GB        |    705771 | NS      | $3274777.44   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichor Holdings Ltd                      | Ichor Holdings Ltd                      | CUSIP: 000000000<br>LEI: 529900PS8R2JVLJ2H892 | Long             | EC               | CORP              | KY        |    224494 | NS      | $4137424.42   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Luxfer Holdings PLC                     | Luxfer Holdings PLC                     | CUSIP: 000000000<br>LEI: 21380045UF5SJYZOXE41 | Long             | EC               | CORP              | GB        |    570200 | NS      | $7714806.00   | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Marex Group PLC                         | Marex Group PLC                         | CUSIP: 000000000<br>LEI: 549300DWX0SVICJAL507 | Long             | EC               | CORP              | GB        |    135531 | NS      | $5198969.16   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha & Omega Semiconductor Ltd         | Alpha & Omega Semiconductor Ltd         | CUSIP: 000000000<br>LEI: 5493001FE7J03YOV2V35 | Long             | EC               | CORP              | BM        |    168073 | NS      | $3329526.13   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Aebi Schmidt Holding AG                 | Aebi Schmidt Holding AG                 | CUSIP: 000000000<br>LEI: 506700TN58RT735OV464 | Long             | EC               | CORP              | CH        |    425223 | NS      | $5379070.95   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Sophia Genetics SA                      | Sophia Genetics SA                      | CUSIP: 000000000<br>LEI: 506700H1GPU9GGM8W895 | Long             | EC               | CORP              | CH        |    138848 | NS      | $648420.16    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Gilat Satellite Networks Ltd            | Gilat Satellite Networks Ltd            | CUSIP: 000000000<br>LEI: 529900RVHDCYJ5YWHP12 | Long             | EC               | CORP              | IL        |    558811 | NS      | $7231014.34   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Stratasys Ltd                           | Stratasys Ltd                           | CUSIP: 000000000<br>LEI: 529900MU215GIP9SZ741 | Long             | EC               | CORP              | IL        |    308414 | NS      | $2677033.52   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ardmore Shipping Corp                   | Ardmore Shipping Corp                   | CUSIP: 000000000<br>LEI: 549300J8HD7K6BHD8O28 | Long             | EC               | CORP              | MH        |    301885 | NS      | $3196962.15   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Navigator Holdings Ltd                  | Navigator Holdings Ltd                  | CUSIP: 000000000<br>LEI: 213800H7RVOFYARK2W19 | Long             | EC               | CORP              | MH        |    414278 | NS      | $7175294.96   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Scorpio Tankers Inc                     | Scorpio Tankers Inc                     | CUSIP: 000000000<br>LEI: 549300NVJUH16NXG8K87 | Long             | EC               | CORP              | MH        |     43586 | NS      | $2215476.38   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-15

**Name of Applicant:** ROYCE FUND

**Signature:** John Schwartz

**Name of Signer:** John Schwartz

**Title:** Associate General Counsel