# EDGAR Filing Document

**Accession Number:** 0001045487
**File Stem:** 0001752724-25-212863
**Filing Date:** 2025-8
**Character Count:** 29627
**Document Hash:** 810dfc7ba567fc21dc38211bb2c33660
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-212863.hdr.sgml**: 20250829

**ACCESSION NUMBER**: 0001752724-25-212863

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250829

**DATE AS OF CHANGE**: 20250829

**PERIOD START**: 20250630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JAMES ADVANTAGE FUNDS
- **CENTRAL INDEX KEY:** 0001045487

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08411
- **FILM NUMBER:** 251281389

**BUSINESS ADDRESS:**
- **STREET 1:** 1349 FAIRGROUND RD
- **CITY:** BEAVERCREEK
- **STATE:** OH
- **ZIP:** 45385
- **BUSINESS PHONE:** 9374267640

**MAIL ADDRESS:**
- **STREET 1:** 1349 FAIRGROUND RD
- **CITY:** BEAVERCREEK
- **STATE:** OH
- **ZIP:** 45385

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JAMES FUNDS
- **DATE OF NAME CHANGE:** 19970904

## Series and Classes Contracts Data

### JAMES MICRO CAP FUND (Series ID: S000029269)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000090023 | JAMES MICRO CAP FUND | JMCRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** JAMES ADVANTAGE FUNDS

- **b. Investment Company Act file number:** 811-08411

- **c. CIK number of Registrant:** 0001045487

- **d. LEI of Registrant:** 549300426TIVT528ZP40

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

  - **Street Address 1:** 225 Pictoria Drive, Suite 450

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** JAMES MICRO CAP FUND

- **b. EDGAR series identifier (if any):** S000029269

- **c. LEI of Series:** 54930055PPLE24Z31O86

**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:** $26921443.28

**Total Liabilities:** $35820.77

**Net Assets:** $26885622.51

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000090023 | -3.16%               | 4.60%                | 6.54%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-717788.70              | $-116497.90                                |
| Month 2  | $0.00                    | $1117894.06                                |
| Month 3  | $-261241.92              | $1885196.50                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Arcbest Corporation                           | ArcBest Corporation                                 | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |      5285 | NS      | $406997.85    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Innospec Inc                                  | Innospec, Inc.                                      | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |      2821 | NS      | $237217.89    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Potlatchdeltic Corp.                          | PotlatchDeltic Corporation REIT                     | CUSIP: 737630103<br>LEI: 54930084YA8UJOTXDM59 | Long             | EC               | CORP              | US        |      7517 | NS      | $288427.29    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Banco Latinoamericano De Comercio Exterior SA | Banco Latinoamericano de Comercio Exterior, S.A ADR | CUSIP: P16994132<br>LEI: 549300CN3134K4LC0651 | Long             | EC               | CORP              | US        |      3372 | NS      | $135891.60    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Patrick Industries Inc.                       | Patrick Industries, Inc.                            | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |      6066 | NS      | $559709.82    | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Semler Scientific Inc                         | Semler Scientific, Inc.                             | CUSIP: 81684M104<br>LEI: 549300ZHL16S29QTW485 | Long             | EC               | CORP              | US        |      2765 | NS      | $107116.10    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Tactile Systems Technology Inc.               | TACTILE SYSTEMS TECHNOLOGY, INC.                    | CUSIP: 87357P100<br>LEI: 54930069VDTITHOTKJ98 | Long             | EC               | CORP              | US        |      4236 | NS      | $42953.04     | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Integer Holdings Corp.                        | Integer Holdings Corporation                        | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |      6396 | NS      | $786516.12    | 2.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co.                      | Modine Manufacturing Company                        | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |      4078 | NS      | $401683.00    | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PC Connection Inc.                            | PC Connection, Inc.                                 | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |     12184 | NS      | $801463.52    | 2.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Rex American Resources Corp                   | REX American Resources Corporation                  | CUSIP: 761624105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3610 | NS      | $175843.10    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities Inc                       | Century Communities, Inc.                           | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |      4662 | NS      | $262563.84    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Donnelley Financial Solutions Inc             | Donnelley Financial Solutions, Inc.                 | CUSIP: 25787G100<br>LEI: 549300O1NPY4J56QCU04 | Long             | EC               | CORP              | US        |     16726 | NS      | $1031157.90   | 3.84%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes Inc.                                | M/I Schottenstein Homes                             | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |      4097 | NS      | $459355.64    | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Nelnet Inc.                                   | Nelnet, Inc. Class A                                | CUSIP: 64031N108<br>LEI: 549300T6B0Q52I6OM558 | Long             | EC               | CORP              | US        |      5646 | NS      | $683843.52    | 2.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Radius Recycling, Inc.                        | Radius Recycling, Inc. Class A                      | CUSIP: 806882106<br>LEI: 549300F62TK8VRDSM285 | Long             | EC               | CORP              | US        |     13227 | NS      | $392709.63    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| EZCORP Inc.                                   | EZCORP, Inc. Class A                                | CUSIP: 302301106<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | EC               | CORP              | US        |      5505 | NS      | $76409.40     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Investar Holding Corp                         | INVESTAR HOLDING CORPORATION                        | CUSIP: 46134L105<br>LEI: 54930001EK2YM28LOJ08 | Long             | EC               | CORP              | US        |      8542 | NS      | $165031.44    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Zymeworks Inc                                 | Zymeworks, Inc.                                     | CUSIP: 98985Y108<br>LEI: 894500AHOYAGYLYZJL67 | Long             | EC               | CORP              | CA        |     10578 | NS      | $132753.90    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Brands Holdings Inc                  | SPECTRUM BRANDS HOLDINGS, INC.                      | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |      1602 | NS      | $84906.00     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries Inc.                        | POWELL INDUSTRIES, INC.                             | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |       389 | NS      | $81865.05     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Cartesian Therapeutics Inc                    | Cartesian Therapeutics, Inc. - CVR                  | CUSIP: 816212112<br>LEI: 529900NMN0LACZOL7C43 | Long             | EC               | CORP              | US        |     94737 | NS      | $947.37       | 0.00%             |  |  |  | Yes           |                  3 | On Loan: No      |
| Iradimed Corp.                                | Iradimed Corporation                                | CUSIP: 46266A109<br>LEI: 549300YVHWP0YJ1YW816 | Long             | EC               | CORP              | US        |      2400 | NS      | $143496.00    | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Lemaitre Vascular Inc.                        | LeMaitre Vascular, Inc.                             | CUSIP: 525558201<br>LEI: 549300FZUBUB7MHY8R17 | Long             | EC               | CORP              | US        |      2165 | NS      | $179803.25    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Civitas Resources Inc                         | Civitas Resources, Inc.                             | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |      4523 | NS      | $124472.96    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Transcat Inc.                                 | TRANSCAT, INC.                                      | CUSIP: 893529107<br>LEI: 54930081E40TSSHUOS40 | Long             | EC               | CORP              | US        |      2200 | NS      | $189112.00    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Industries, Inc.                       | Oxford Industries, Inc.                             | CUSIP: 691497309<br>LEI: IDZ20O0XD3GS4UOI2L88 | Long             | EC               | CORP              | US        |      1280 | NS      | $51520.00     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| QCR Holdings Inc.                             | QCR HOLDINGS, INC.                                  | CUSIP: 74727A104<br>LEI: 549300MWKWM7KWJVQO33 | Long             | EC               | CORP              | US        |      1072 | NS      | $72788.80     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Agricultural Mortgage Corporation     | Federal Agricultural Mortgage Corporation           | CUSIP: 313148306<br>LEI: 549300MS654K78GYF580 | Long             | EC               | USGA              | US        |      5967 | NS      | $1159268.76   | 4.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Artivion Inc                                  | Artivion, Inc.                                      | CUSIP: 228903100<br>LEI: 549300YTKV8DMSMG6K81 | Long             | EC               | CORP              | US        |      6753 | NS      | $210018.30    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| GEO Group Inc                                 | GEO Group, Inc. (The) REIT                          | CUSIP: 36162J106<br>LEI: 54930024XOXET7NQVZ63 | Long             | EC               | CORP              | US        |      7691 | NS      | $184199.45    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Companies                       | Piper Sandler Companies                             | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |      4690 | NS      | $1303538.60   | 4.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwest Pipe Co                             | Northwest Pipe Company                              | CUSIP: 667746101<br>LEI: 54930056VW2CRCZ9RE54 | Long             | EC               | CORP              | US        |      3394 | NS      | $139187.94    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Heidrick & Struggles International Inc        | Heidrick & Struggles International, Inc.            | CUSIP: 422819102<br>LEI: 5493006284N2J367VB57 | Long             | EC               | CORP              | US        |      3400 | NS      | $155584.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ScanSource Inc.                               | ScanSource, Inc.                                    | CUSIP: 806037107<br>LEI: 7FHBAN017QDY4K2KP156 | Long             | EC               | CORP              | US        |      3090 | NS      | $129192.90    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Spartannash Co.                               | SpartanNash Company                                 | CUSIP: 847215100<br>LEI: 549300TV3QCCSQLF5X16 | Long             | EC               | CORP              | US        |      2834 | NS      | $75072.66     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Company                  | Central Garden & Pet Co A Class A Non-Voting        | CUSIP: 153527205<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |     16385 | NS      | $512686.65    | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Columbus McKinnon Corp.                       | Columbus McKinnon Corporation                       | CUSIP: 199333105<br>LEI: 549300W3HQB0HO1F3G69 | Long             | EC               | CORP              | US        |      2198 | NS      | $33563.46     | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Merchants Bancorp. (Indiana)                  | Merchants Bancorp                                   | CUSIP: 58844R108<br>LEI: 54930008Y0GPVLF81889 | Long             | EC               | CORP              | US        |     23196 | NS      | $767091.72    | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegiant Travel Company                      | Allegiant Travel Company                            | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |       888 | NS      | $48795.60     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Enova International Inc.                      | Enova International, Inc.                           | CUSIP: 29357K103<br>LEI: 549300O8XOCQSB49UO63 | Long             | EC               | CORP              | US        |     16099 | NS      | $1795360.48   | 6.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Photronics Inc.                               | Photronics, Inc.                                    | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |     22198 | NS      | $417988.34    | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Unitil Corp                                   | Unitil Corporation                                  | CUSIP: 913259107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3401 | NS      | $177362.15    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Technologies Inc.                         | UFP Technologies, Inc.                              | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |      1193 | NS      | $291282.88    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Eplus Inc                                     | ePlus, Inc.                                         | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |      4600 | NS      | $331660.00    | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| OFG Bancorp                                   | OFG Bancorp                                         | CUSIP: 67103X102<br>LEI: 549300Q4QEXJ37LEXQ06 | Long             | EC               | CORP              | US        |     25456 | NS      | $1089516.80   | 4.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Acme United Corp                              | Acme United Corporation                             | CUSIP: 004816104<br>LEI: 549300NVT8NN13WP8M83 | Long             | EC               | CORP              | US        |      2095 | NS      | $86837.75     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Insteel Industries Inc.                       | Insteel Industries, Inc.                            | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |      3500 | NS      | $130235.00    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co                              | Boise Cascade Company                               | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |      2500 | NS      | $217050.00    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyward Specialty Insurance Group Inc         | Skyward Specialty Insurance Group                   | CUSIP: 830940102<br>LEI: 549300GXGXJG0YH4VN21 | Long             | EC               | CORP              | US        |      2632 | NS      | $152103.28    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorian LPG Ltd.                               | DORIAN LPG LTD.                                     | CUSIP: Y2106R110<br>LEI: 549300WP1W2WGMC7F395 | Long             | EC               | CORP              | US        |      9544 | NS      | $232682.72    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Bird Corp.                               | Blue Bird Corporation                               | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |      3750 | NS      | $161850.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Kiniksa Pharmaceuticals International PLC     | Kiniksa Pharmaceuticals International plc           | CUSIP: G52694109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6909 | NS      | $191172.03    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Kforce Inc                                    | Kforce, Inc.                                        | CUSIP: 493732101<br>LEI: 5493003RDQQDVXY2SK46 | Long             | EC               | CORP              | US        |      2400 | NS      | $98712.00     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Insight Enterprises Inc.                      | Insight Enterprises, Inc.                           | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Long             | EC               | CORP              | US        |      4631 | NS      | $639471.64    | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Argan Inc                                     | Argan, Inc.                                         | CUSIP: 04010E109<br>LEI: 529900E4KZWBV9KGBS83 | Long             | EC               | CORP              | US        |       628 | NS      | $138461.44    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingles Markets, Incorporated                  | Ingles Markets, Inc. Class A                        | CUSIP: 457030104<br>LEI: 549300XH5RYBMYP8TF26 | Long             | EC               | CORP              | US        |     10714 | NS      | $679053.32    | 2.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Pennant Group Inc                             | Pennant Group, Inc. (The)                           | CUSIP: 70805E109<br>LEI: 5493007H2OYR6BYLDA64 | Long             | EC               | CORP              | US        |      5582 | NS      | $166622.70    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Potlatchdeltic Corp.                          | PotlatchDeltic Corporation REIT                     | CUSIP: 737630103<br>LEI: 54930084YA8UJOTXDM59 | Long             | EC               | CORP              | US        |       751 | NS      | $109931.38    | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Build A Bear Workshop Inc                     | BUILD-A-BEAR WORKSHOP, INC.                         | CUSIP: 120076104<br>LEI: 529900S9MWZC1UBF3D13 | Long             | EC               | CORP              | US        |      4044 | NS      | $208508.64    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| CRA International Inc.                        | CRA International, Inc.                             | CUSIP: 12618T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3384 | NS      | $634060.08    | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynavax Technologies Corp.                    | Dynavax Technologies Corporation                    | CUSIP: 268158201<br>LEI: 549300T5URIXWDILX594 | Long             | EC               | CORP              | US        |     11764 | NS      | $116698.88    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Genco Shipping & Trading Ltd.                 | GENCO SHIPPING & TRADE LTD.                         | CUSIP: Y2685T131<br>LEI: 5493003MBZ5GU8QHXZ58 | Long             | EC               | CORP              | US        |      8000 | NS      | $104560.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Bancorp Inc                                   | Bancorp, Inc. (The)                                 | CUSIP: 05969A105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6900 | NS      | $393093.00    | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| OraSure Technologies Inc.                     | OraSure Technologies, Inc.                          | CUSIP: 68554V108<br>LEI: 529900GNNJPNM4XHXQ77 | Long             | EC               | CORP              | US        |      9526 | NS      | $28578.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure Inc                   | Sterling Infrastructure, Inc.                       | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |       604 | NS      | $139360.92    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Innoviva Inc                                  | Innoviva, Inc.                                      | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               | CORP              | US        |     20082 | NS      | $403447.38    | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Haverty Furniture Cos Inc                     | Haverty Furniture Companies, Inc.                   | CUSIP: 419596101<br>LEI: 529900CVFMMIRXZVPD70 | Long             | EC               | CORP              | US        |     13509 | NS      | $274908.15    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Xenia Hotels & Resorts Inc                    | Xenia Hotels & Resorts, Inc.                        | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               | CORP              | US        |      3907 | NS      | $49110.99     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Nova Ltd                                      | Nova Measuring Instruments Ltd.                     | CUSIP: M7516K103<br>LEI: 529900B2DSWE5V3SC292 | Long             | EC               | CORP              | US        |      7543 | NS      | $2075833.60   | 7.72%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X Inc                                       | V2X, Inc.                                           | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6950 | NS      | $337422.50    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds Inc.                     | First American Treasury Obligations Fund Class X    | CUSIP: 31846V328<br>LEI: 549300J5J5SJCZ9IA369 | Long             | STIV             | RF                | US        |    866994 | PA      | $866994.33    | 3.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy Inc                           | Clearway Energy, Inc.                               | CUSIP: 18539C204<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |      7332 | NS      | $234624.00    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Lime & Minerals Inc.            | United States Lime & Minerals, Inc.                 | CUSIP: 911922102<br>LEI: 549300VGDEEG8RT7VC89 | Long             | EC               | CORP              | US        |      7966 | NS      | $795006.80    | 2.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGA Technologies Inc.                        | SIGA TECHNOLOGIES, INC.                             | CUSIP: 826917106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     52400 | NS      | $341648.00    | 1.27%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-08-28

**Name of Applicant:** Lesley Ott

**Signature:** Lesley Ott

**Name of Signer:** Lesley Ott

**Title:** Chief Compliance Officer