# EDGAR Filing Document

**Accession Number:** 0001064046
**File Stem:** 0001752724-23-045137
**Filing Date:** 2023-2
**Character Count:** 54279
**Document Hash:** 3cd3cea957e212fbf20f0d65bb924d26
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-045137.hdr.sgml**: 20230228

**ACCESSION NUMBER**: 0001752724-23-045137

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230228

**DATE AS OF CHANGE**: 20230228

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RYDEX VARIABLE TRUST
- **CENTRAL INDEX KEY:** 0001064046
- **IRS NUMBER:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08821
- **FILM NUMBER:** 23680449

**BUSINESS ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850
- **BUSINESS PHONE:** 301-296-5100

**MAIL ADDRESS:**
- **STREET 1:** 702 KING FARM BOULEVARD
- **STREET 2:** SUITE 200
- **CITY:** ROCKVILLE
- **STATE:** MD
- **ZIP:** 20850

## Series and Classes Contracts Data

### S&P SmallCap 600 Pure Value Fund (Series ID: S000003740)

| Class ID   | Class Name       | Ticker Symbol   |
|:---|:---|:---|
| C000010409 | Variable Annuity |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Rydex Variable Trust

- **b. Investment Company Act file number:** 811-08821

- **c. CIK number of Registrant:** 0001064046

- **d. LEI of Registrant:** 549300LJH0YR8RY3N305

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

  - **Street Address 1:** 702 King Farm Blvd., Suite 200

  - **City:** Rockville

  - **State:** MD

  - **Foreign country:** US

  - **Zip / Postal Code:** 20850

  - **Telephone number:** 301-296-5100

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

- **a. Name of Series:** S&P SmallCap 600 Pure Value Fund

- **b. EDGAR series identifier (if any):** S000003740

- **c. LEI of Series:** 549300MNA0D17ME2RY11

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $7694354.91

**Total Liabilities:** $170336.01

**Net Assets:** $7524018.90

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000010409 | 17.40%               | 5.12%                | -6.13%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-32805.16               | $1433657.65                                |
| Month 2  | $-115164.93              | $625968.78                                 |
| Month 3  | $1334338.41              | $-1936008.03                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| M/I Homes Inc                  | M/I Homes, Inc.                                      | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |      2570 | NS      | $118682.60    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| G-III Apparel Group Ltd        | G-III Apparel Group Ltd.                             | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |      8099 | NS      | $111037.29    | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Seneca Foods Corp              | Seneca Foods Corp.                                   | CUSIP: 817070501<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1250 | NS      | $76187.50     | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| MDC Holdings Inc               | MDC Holdings, Inc.                                   | CUSIP: 552676108<br>LEI: 5299005FV4VNV75R8R35 | Long             | EC               | CORP              | US        |      2712 | NS      | $85699.20     | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Tri Pointe Homes Inc           | Tri Pointe Homes, Inc.                               | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4636 | NS      | $86183.24     | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities Inc        | Century Communities, Inc.                            | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |      1983 | NS      | $99169.83     | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Genworth Financial Inc         | Genworth Financial, Inc.                             | CUSIP: 37247D106<br>LEI: 549300EMCG286BDNKJ33 | Long             | EC               | CORP              | US        |     22777 | NS      | $120490.33    | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| MarineMax Inc                  | MarineMax, Inc.                                      | CUSIP: 567908108<br>LEI: 254900TIXTN8WY3FNN63 | Long             | EC               | CORP              | US        |      2692 | NS      | $84044.24     | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| United Natural Foods Inc       | United Natural Foods, Inc.                           | CUSIP: 911163103<br>LEI: 549300GKGW6WPZ282D40 | Long             | EC               | CORP              | US        |      1611 | NS      | $62361.81     | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Cerence Inc                    | Cerence, Inc.                                        | CUSIP: 156727109<br>LEI: 5493002WL2W5WMS89568 | Long             | EC               | CORP              | US        |      1425 | NS      | $26405.25     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI Corp                       | HNI Corp.                                            | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |       886 | NS      | $25188.98     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Oil States International Inc   | Oil States International, Inc.                       | CUSIP: 678026105<br>LEI: 5493004TF4KQJGMYL777 | Long             | EC               | CORP              | US        |      9520 | NS      | $71019.20     | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonic Automotive Inc           | Sonic Automotive, Inc.                               | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |      1214 | NS      | $59813.78     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcBest Corp                   | ArcBest Corp.                                        | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |       605 | NS      | $42374.20     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Comtech Telecommunications Cor | Comtech Telecommunications Corp.                     | CUSIP: 205826209<br>LEI: 529900FTEZ8MGM0Y8F73 | Long             | EC               | CORP              | US        |      4006 | NS      | $48632.84     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoe Carnival Inc              | Shoe Carnival, Inc.                                  | CUSIP: 824889109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1508 | NS      | $36056.28     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| DMC Global Inc                 | DMC Global, Inc.                                     | CUSIP: 23291C103<br>LEI: 549300CBDXD1Z5MRNG02 | Long             | EC               | CORP              | US        |      1787 | NS      | $34739.28     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Electronics Inc      | Universal Electronics, Inc.                          | CUSIP: 913483103<br>LEI: 549300ZW9EULAR7T6F89 | Long             | EC               | CORP              | US        |      2022 | NS      | $42077.82     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Olympic Steel Inc              | Olympic Steel, Inc.                                  | CUSIP: 68162K106<br>LEI: 549300GQ061U6N6KWJ49 | Long             | EC               | CORP              | US        |      3044 | NS      | $102217.52    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Rayonier Advanced Materials In | Rayonier Advanced Materials, Inc.                    | CUSIP: 75508B104<br>LEI: 54930053QJ7OUGZG4F72 | Long             | EC               | CORP              | US        |     11876 | NS      | $114009.60    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| ABM Industries Inc             | ABM Industries, Inc.                                 | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |       863 | NS      | $38334.46     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| TrueBlue Inc                   | TrueBlue, Inc.                                       | CUSIP: 89785X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3310 | NS      | $64809.80     | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Harsco Corp                    | Harsco Corp.                                         | CUSIP: 415864107<br>LEI: KAO98FK89NPNNPQGUZ43 | Long             | EC               | CORP              | US        |      9167 | NS      | $57660.43     | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Ltd            | Signet Jewelers Ltd.                                 | CUSIP: N/A<br>LEI: 549300N3XPGE91WV7M22       | Long             | EC               | CORP              | US        |       554 | NS      | $37672.00     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Consolidated Communications Ho | Consolidated Communications Holdings, Inc.           | CUSIP: 209034107<br>LEI: 529900F6S64KOO8CXH48 | Long             | EC               | CORP              | US        |     13771 | NS      | $49300.18     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimvie Inc                     | Zimvie, Inc.                                         | CUSIP: 98888T107<br>LEI: 549300GFKURT1J6XR665 | Long             | EC               | CORP              | US        |      9171 | NS      | $85657.14     | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Designer Brands Inc            | Designer Brands, Inc.                                | CUSIP: 250565108<br>LEI: 549300X8J6FI8PPRK859 | Long             | EC               | CORP              | US        |      4189 | NS      | $40968.42     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Encore Capital Group Inc       | Encore Capital Group, Inc.                           | CUSIP: 292554102<br>LEI: 5493000UVC6H49CIH830 | Long             | EC               | CORP              | US        |       726 | NS      | $34804.44     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Corp/VA              | Universal Corp.                                      | CUSIP: 913456109<br>LEI: 549300BZXZ66F6DTIF20 | Long             | EC               | CORP              | US        |       749 | NS      | $39554.69     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Green Dot Corp                 | Green Dot Corp.                                      | CUSIP: 39304D102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1340 | NS      | $21198.80     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| KAR Auction Services Inc       | KAR Auction Services, Inc.                           | CUSIP: 48238T109<br>LEI: 5493004HKD20LBSG7D03 | Long             | EC               | CORP              | US        |      2290 | NS      | $29884.50     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinseo PLC                    | Trinseo plc                                          | CUSIP: N/A<br>LEI: 549300TJ3HIGDA2Z8315       | Long             | EC               | CORP              | US        |      2654 | NS      | $60272.34     | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Powell Industries Inc          | Powell Industries, Inc.                              | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |       983 | NS      | $34581.94     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| PC Connection Inc              | PC Connection, Inc.                                  | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |       627 | NS      | $29406.30     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| World Fuel Services Corp       | World Fuel Services Corp.                            | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |      3182 | NS      | $86964.06     | 1.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp            | Meritage Homes Corp.                                 | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |       748 | NS      | $68965.60     | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Aluminum Co            | Century Aluminum Co.                                 | CUSIP: 156431108<br>LEI: 549300U5ODNGEYWKSW73 | Long             | EC               | CORP              | US        |      8159 | NS      | $66740.62     | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| CoreCivic Inc                  | CoreCivic, Inc.                                      | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |      2808 | NS      | $32460.48     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Sleep Number Corp              | Sleep Number Corp.                                   | CUSIP: 83125X103<br>LEI: 529900W0TZQLBT2DSS66 | Long             | EC               | CORP              | US        |       969 | NS      | $25174.62     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Ambac Financial Group Inc      | Ambac Financial Group, Inc.                          | CUSIP: 023139884<br>LEI: 5493000UC0RBBNDHI717 | Long             | EC               | CORP              | US        |      2316 | NS      | $40391.04     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies Inc       | Resideo Technologies, Inc.                           | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |      4707 | NS      | $77430.15     | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ready Capital Corp             | Ready Capital Corp.                                  | CUSIP: 75574U101<br>LEI: 549300MYWGZUG7ZUYO87 | Long             | EC               | CORP              | US        |      1889 | NS      | $21043.46     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| NETGEAR Inc                    | NETGEAR, Inc.                                        | CUSIP: 64111Q104<br>LEI: 54930067KX3UNRHDWA78 | Long             | EC               | CORP              | US        |      1808 | NS      | $32742.88     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| ODP Corp/The                   | ODP Corp.                                            | CUSIP: 88337F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1337 | NS      | $60886.98     | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield PLC        | Cushman & Wakefield plc                              | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | US        |      5382 | NS      | $67059.72     | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| SkyWest Inc                    | SkyWest, Inc.                                        | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |      6342 | NS      | $104706.42    | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Industrial Logistics Propertie | Industrial Logistics Properties Trust                | CUSIP: 456237106<br>LEI: 5493004XH9PJW009HR47 | Long             | EC               | CORP              | US        |      7454 | NS      | $24374.58     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Sally Beauty Holdings Inc      | Sally Beauty Holdings, Inc.                          | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Long             | EC               | CORP              | US        |      3225 | NS      | $40377.00     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Rent-A-Center Inc/TX           | Rent-A-Center, Inc.                                  | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |      1946 | NS      | $43882.30     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| SpartanNash Co                 | SpartanNash Co.                                      | CUSIP: 847215100<br>LEI: 549300TV3QCCSQLF5X16 | Long             | EC               | CORP              | US        |      1929 | NS      | $58332.96     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| HomeStreet Inc                 | HomeStreet, Inc.                                     | CUSIP: 43785V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       911 | NS      | $25125.38     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Koppers Holdings Inc           | Koppers Holdings, Inc.                               | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2023 | NS      | $57048.60     | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| LendingTree Inc                | LendingTree, Inc.                                    | CUSIP: 52603B107<br>LEI: 549300ISY5YHUJZTON08 | Long             | EC               | CORP              | US        |      1466 | NS      | $31269.78     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Caleres Inc                    | Caleres, Inc.                                        | CUSIP: 129500104<br>LEI: JFU6RQQJ8Z1CPOLBXQ18 | Long             | EC               | CORP              | US        |      2178 | NS      | $48525.84     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Paper Corp          | Clearwater Paper Corp.                               | CUSIP: 18538R103<br>LEI: 549300HCVV19GXN4P292 | Long             | EC               | CORP              | US        |      1904 | NS      | $71990.24     | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaman Corp                     | Kaman Corp.                                          | CUSIP: 483548103<br>LEI: 5493003YK076OLTEQF95 | Long             | EC               | CORP              | US        |      2193 | NS      | $48903.90     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Heidrick & Struggles Internati | Heidrick & Struggles International, Inc.             | CUSIP: 422819102<br>LEI: 5493006284N2J367VB57 | Long             | EC               | CORP              | US        |      1313 | NS      | $36724.61     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Owens & Minor Inc              | Owens & Minor, Inc.                                  | CUSIP: 690732102<br>LEI: 549300LMT5KQQXCEZ733 | Long             | EC               | CORP              | US        |      2920 | NS      | $57027.60     | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Pitney Bowes Inc               | Pitney Bowes, Inc.                                   | CUSIP: 724479100<br>LEI: 549300N2O26NW4ST6W55 | Long             | EC               | CORP              | US        |      7539 | NS      | $28648.20     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Guess? Inc                     | Guess?, Inc.                                         | CUSIP: 401617105<br>LEI: 549300QVH3ZK2DW0KP86 | Long             | EC               | CORP              | US        |      1342 | NS      | $27765.98     | 0.37%             |  |  |  | No            |                  1 | On Loan: —       |
| Enhabit Inc                    | Enhabit, Inc.                                        | CUSIP: 29332G102<br>LEI: 549300RFQ78SLDFSHF49 | Long             | EC               | CORP              | US        |      6853 | NS      | $90185.48     | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Insurance Holdings I | Universal Insurance Holdings, Inc.                   | CUSIP: 91359V107<br>LEI: 529900GGAZ6WVUCWQM46 | Long             | EC               | CORP              | US        |      4125 | NS      | $43683.75     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| EW Scripps Co/The              | EW Scripps Co.                                       | CUSIP: 811054402<br>LEI: 549300U1OW41QPKYW028 | Long             | EC               | CORP              | US        |      5486 | NS      | $72360.34     | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Outfitters Inc           | Urban Outfitters, Inc.                               | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |      1188 | NS      | $28333.80     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Enova International Inc        | Enova International, Inc.                            | CUSIP: 29357K103<br>LEI: 549300O8XOCQSB49UO63 | Long             | EC               | CORP              | US        |       530 | NS      | $20336.10     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Orthofix Medical Inc           | Orthofix Medical, Inc.                               | CUSIP: 68752M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1050 | NS      | $21556.50     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings Inc   | Bread Financial Holdings, Inc.                       | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |      1332 | NS      | $50163.12     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| MillerKnoll Inc                | MillerKnoll, Inc.                                    | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |      2700 | NS      | $56727.00     | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Motorcar Parts of America Inc  | Motorcar Parts of America, Inc.                      | CUSIP: 620071100<br>LEI: 549300AG4610OSV3H429 | Long             | EC               | CORP              | US        |      6561 | NS      | $77813.46     | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Hudson Pacific Properties Inc  | Hudson Pacific Properties, Inc.                      | CUSIP: 444097109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4160 | NS      | $40476.80     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| American Axle & Manufacturing  | American Axle & Manufacturing Holdings, Inc.         | CUSIP: 024061103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4707 | NS      | $36808.74     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Thryv Holdings Inc             | Thryv Holdings, Inc.                                 | CUSIP: 886029206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1723 | NS      | $32737.00     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| RE/MAX Holdings Inc            | RE/MAX Holdings, Inc.                                | CUSIP: 75524W108<br>LEI: 54930033W2KS56JHAN30 | Long             | EC               | CORP              | US        |      2167 | NS      | $40392.88     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| America's Car-Mart Inc/TX      | America's Car-Mart, Inc.                             | CUSIP: 03062T105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1169 | NS      | $84471.94     | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Proto Labs Inc                 | Proto Labs, Inc.                                     | CUSIP: 743713109<br>LEI: 529900QHG5MGWT2WQQ09 | Long             | EC               | CORP              | US        |      1209 | NS      | $30865.77     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Orion Office REIT Inc          | Orion Office REIT, Inc.                              | CUSIP: 68629Y103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2160 | NS      | $18446.40     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| iStar Inc                      | iStar, Inc.                                          | CUSIP: 45031U101<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | EC               | CORP              | US        |      2690 | NS      | $20524.70     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| American Woodmark Corp         | American Woodmark Corp.                              | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |       955 | NS      | $46661.30     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Service Properties Trust       | Service Properties Trust                             | CUSIP: 81761L102<br>LEI: 529900IS770AG1K9QG27 | Long             | EC               | CORP              | US        |      3214 | NS      | $23430.06     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Patrick Industries Inc         | Patrick Industries, Inc.                             | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |      1263 | NS      | $76537.80     | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| El Pollo Loco Holdings Inc     | El Pollo Loco Holdings, Inc.                         | CUSIP: 268603107<br>LEI: 549300EZCBNF4G707K90 | Long             | EC               | CORP              | US        |      1832 | NS      | $18246.72     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Arconic Corp                   | Arconic Corp.                                        | CUSIP: 03966V107<br>LEI: 549300B4YFWH3U74B152 | Long             | EC               | CORP              | US        |      2943 | NS      | $62273.88     | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Commercial Real Estate  | Apollo Commercial Real Estate Finance, Inc.          | CUSIP: 03762U105<br>LEI: 549300E0AN7M2AQHSY29 | Long             | EC               | CORP              | US        |      2781 | NS      | $29923.56     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services C | Stewart Information Services Corp.                   | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |      2198 | NS      | $93920.54     | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| AZZ Inc                        | AZZ, Inc.                                            | CUSIP: 002474104<br>LEI: 549300HD1X2NFLWPYC83 | Long             | EC               | CORP              | US        |       616 | NS      | $24763.20     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Hersha Hospitality Trust       | Hersha Hospitality Trust                             | CUSIP: 427825500<br>LEI: 549300DNC58BIN1VO064 | Long             | EC               | CORP              | US        |      6742 | NS      | $57441.84     | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Motor Products Inc    | Standard Motor Products, Inc.                        | CUSIP: 853666105<br>LEI: THGK1EO5B5HK0JHQVZ90 | Long             | EC               | CORP              | US        |       743 | NS      | $25856.40     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Scholastic Corp                | Scholastic Corp.                                     | CUSIP: 807066105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       527 | NS      | $20795.42     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Kelly Services Inc             | Kelly Services, Inc.                                 | CUSIP: 488152208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6976 | NS      | $117894.40    | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC     | J.P. Morgan Securities LLC                           | CUSIP: N/A<br>LEI: ZBUT11V806EZRVTWT807       | Long             | RA               | CORP              | US        |     21732 | PA      | $21732.19     | 0.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Veritiv Corp                   | Veritiv Corp.                                        | CUSIP: 923454102<br>LEI: 529900VQARHWQROHAS58 | Long             | EC               | CORP              | US        |       367 | NS      | $44667.57     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Funds           | First American Government Obligations Fund - Class X | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |     53033 | NS      | $53033.00     | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Greenbrier Cos Inc/The         | Greenbrier Companies, Inc.                           | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |      1760 | NS      | $59012.80     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristow Group Inc              | Bristow Group, Inc.                                  | CUSIP: 11040G103<br>LEI: 5493005Q24EN3UC1PV68 | Long             | EC               | CORP              | US        |      1796 | NS      | $48725.48     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Construction Inc       | Granite Construction, Inc.                           | CUSIP: 387328107<br>LEI: 549300OM4BWMCIXVCZ39 | Long             | EC               | CORP              | US        |       631 | NS      | $22129.17     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SMART Global Holdings Inc      | SMART Global Holdings, Inc.                          | CUSIP: N/A<br>LEI: 529900RDGHQY8XKXPN14       | Long             | EC               | CORP              | US        |      1712 | NS      | $25474.56     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichor Holdings Ltd             | Ichor Holdings Ltd.                                  | CUSIP: N/A<br>LEI: 529900PS8R2JVLJ2H892       | Long             | EC               | CORP              | US        |       849 | NS      | $22770.18     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Telephone & Data Systems Inc   | Telephone & Data Systems, Inc.                       | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10518 | NS      | $110333.82    | 1.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegiant Travel Co            | Allegiant Travel Co.                                 | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |       347 | NS      | $23592.53     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Mativ Holdings Inc             | Mativ Holdings, Inc.                                 | CUSIP: 808541106<br>LEI: 549300Z1FU4IDULG1R21 | Long             | EC               | CORP              | US        |      3570 | NS      | $74613.00     | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Ebix Inc                       | Ebix, Inc.                                           | CUSIP: 278715206<br>LEI: 549300DHXVZR5SW5QR44 | Long             | EC               | CORP              | US        |      2968 | NS      | $59241.28     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Tredegar Corp                  | Tredegar Corp.                                       | CUSIP: 894650100<br>LEI: 54930003228ERHCH6K87 | Long             | EC               | CORP              | US        |      5075 | NS      | $51866.50     | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Hope Bancorp Inc               | Hope Bancorp, Inc.                                   | CUSIP: 43940T109<br>LEI: 549300UTF4QGMBHIZ219 | Long             | EC               | CORP              | US        |      1949 | NS      | $24966.69     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchmark Electronics Inc      | Benchmark Electronics, Inc.                          | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |      2487 | NS      | $66378.03     | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Big Lots Inc                   | Big Lots, Inc.                                       | CUSIP: 089302103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5834 | NS      | $85759.80     | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust        | Brandywine Realty Trust                              | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |      5163 | NS      | $31752.45     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| GMS Inc                        | GMS, Inc.                                            | CUSIP: 36251C103<br>LEI: 52990057RENOQO4U0D72 | Long             | EC               | CORP              | US        |       794 | NS      | $39541.20     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Aaron's Co Inc/The             | Aaron's Company, Inc.                                | CUSIP: 00258W108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9063 | NS      | $108302.85    | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| SunCoke Energy Inc             | SunCoke Energy, Inc.                                 | CUSIP: 86722A103<br>LEI: 1KF1J2NXQE2PI0QOB943 | Long             | EC               | CORP              | US        |      7711 | NS      | $66545.93     | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| BARCLAYS CAPITAL INC.          | Barclays Capital, Inc.                               | CUSIP: N/A<br>LEI: AC28XWWI3WIBK2824319       | Long             | RA               | CORP              | US        |      8333 | PA      | $8332.65      | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| GEO Group Inc/The              | GEO Group, Inc.                                      | CUSIP: 36162J106<br>LEI: 54930024XOXET7NQVZ63 | Long             | EC               | CORP              | US        |      4041 | NS      | $44248.95     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilltop Holdings Inc           | Hilltop Holdings, Inc.                               | CUSIP: 432748101<br>LEI: 54930010TA543US0PM65 | Long             | EC               | CORP              | US        |       732 | NS      | $21967.32     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Deluxe Corp                    | Deluxe Corp.                                         | CUSIP: 248019101<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | EC               | CORP              | US        |      3263 | NS      | $55405.74     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Children's Place Inc/The       | Children's Place, Inc.                               | CUSIP: 168905107<br>LEI: 549300BGVK2OO5O7TC19 | Long             | EC               | CORP              | US        |      1458 | NS      | $53100.36     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Zumiez Inc                     | Zumiez, Inc.                                         | CUSIP: 989817101<br>LEI: 549300J0PDF58P6HZD25 | Long             | EC               | CORP              | US        |      2126 | NS      | $46219.24     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawaiian Holdings Inc          | Hawaiian Holdings, Inc.                              | CUSIP: 419879101<br>LEI: 529900TQUS2JVPSSPP86 | Long             | EC               | CORP              | US        |      1727 | NS      | $17719.02     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| AMC Networks Inc               | AMC Networks, Inc.                                   | CUSIP: 00164V103<br>LEI: 549300VGG9K75226LR46 | Long             | EC               | CORP              | US        |      5162 | NS      | $80888.54     | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| American Eagle Outfitters Inc  | American Eagle Outfitters, Inc.                      | CUSIP: 02553E106<br>LEI: 5299001Z9HXK01DHW793 | Long             | EC               | CORP              | US        |      2138 | NS      | $29846.48     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Organogenesis Holdings Inc     | Organogenesis Holdings, Inc.                         | CUSIP: 68621F102<br>LEI: 549300RLC2O821TU6941 | Long             | EC               | CORP              | US        |      9912 | NS      | $26663.28     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| DXP Enterprises Inc/TX         | DXP Enterprises, Inc.                                | CUSIP: 233377407<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2317 | NS      | $63833.35     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Gannett Co Inc                 | Gannett Company, Inc.                                | CUSIP: 36472T109<br>LEI: 549300JQ2PU0RI3ZBA32 | Long             | EC               | CORP              | US        |     19363 | NS      | $39306.89     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| EZCORP Inc                     | EZCORP, Inc.                                         | CUSIP: 302301106<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | EC               | CORP              | US        |      6660 | NS      | $54279.00     | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcus Corp/The                | Marcus Corp.                                         | CUSIP: 566330106<br>LEI: 549300NL0OKPNEMP6B79 | Long             | EC               | CORP              | US        |      1552 | NS      | $22333.28     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Par Pacific Holdings Inc       | Par Pacific Holdings, Inc.                           | CUSIP: 69888T207<br>LEI: 549300BTNS7MHSHRLR55 | Long             | EC               | CORP              | US        |      2400 | NS      | $55800.00     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive Inc         | Group 1 Automotive, Inc.                             | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |       380 | NS      | $68540.60     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresh Del Monte Produce Inc    | Fresh Del Monte Produce, Inc.                        | CUSIP: N/A<br>LEI: 529900I72V9F0FEZR228       | Long             | EC               | CORP              | US        |      3762 | NS      | $98526.78     | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| World Acceptance Corp          | World Acceptance Corp.                               | CUSIP: 981419104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       501 | NS      | $33035.94     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Chico's FAS Inc                | Chico's FAS, Inc.                                    | CUSIP: 168615102<br>LEI: 5299003ESGN5T1MFXY13 | Long             | EC               | CORP              | US        |      5673 | NS      | $27911.16     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Office Properties Income Trust | Office Properties Income Trust                       | CUSIP: 67623C109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3292 | NS      | $43948.20     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Emergent BioSolutions Inc      | Emergent BioSolutions, Inc.                          | CUSIP: 29089Q105<br>LEI: 549300YW6TUOX8BE5103 | Long             | EC               | CORP              | US        |      7547 | NS      | $89130.07     | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| United Fire Group Inc          | United Fire Group, Inc.                              | CUSIP: 910340108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1026 | NS      | $28071.36     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Wolverine World Wide Inc       | Wolverine World Wide, Inc.                           | CUSIP: 978097103<br>LEI: 549300OVC7PK14LQ8D87 | Long             | EC               | CORP              | US        |      6375 | NS      | $69678.75     | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Helix Energy Solutions Group I | Helix Energy Solutions Group, Inc.                   | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |      5296 | NS      | $39084.48     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Phibro Animal Health Corp      | Phibro Animal Health Corp.                           | CUSIP: 71742Q106<br>LEI: 549300U24SP4AF2JUX52 | Long             | EC               | CORP              | US        |      1953 | NS      | $26189.73     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| LGI Homes Inc                  | LGI Homes, Inc.                                      | CUSIP: 50187T106<br>LEI: 549300W02B4WNV8CV109 | Long             | EC               | CORP              | US        |       210 | NS      | $19446.00     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Street Properties Cor | Franklin Street Properties Corp.                     | CUSIP: 35471R106<br>LEI: 549300STLK2T6QY5WO82 | Long             | EC               | CORP              | US        |     16674 | NS      | $45520.02     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Interface Inc                  | Interface, Inc.                                      | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |      2734 | NS      | $26984.58     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Granite Point Mortgage Trust I | Granite Point Mortgage Trust, Inc.                   | CUSIP: 38741L107<br>LEI: 529900VX2HQZ76AYIE02 | Long             | EC               | CORP              | US        |      3223 | NS      | $17275.28     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Genesco Inc                    | Genesco, Inc.                                        | CUSIP: 371532102<br>LEI: 549300VY2Q511P1K5P56 | Long             | EC               | CORP              | US        |      1625 | NS      | $74782.50     | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| PROG Holdings Inc              | PROG Holdings, Inc.                                  | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |      2498 | NS      | $42191.22     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Insight Enterprises Inc        | Insight Enterprises, Inc.                            | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Long             | EC               | CORP              | US        |       468 | NS      | $46926.36     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Minerals Technologies Inc      | Minerals Technologies, Inc.                          | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |       337 | NS      | $20462.64     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| BOFA SECURITIES, INC.          | BofA Securities, Inc.                                | CUSIP: N/A<br>LEI: 549300HN4UKV1E2R3U73       | Long             | RA               | CORP              | US        |      8359 | PA      | $8358.53      | 0.11%             |  |  |  | No            |                  2 | On Loan: No      |
| Abercrombie & Fitch Co         | Abercrombie & Fitch Co.                              | CUSIP: 002896207<br>LEI: 5493000J7LL72TOGT983 | Long             | EC               | CORP              | US        |      2580 | NS      | $59107.80     | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Anywhere Real Estate Inc       | Anywhere Real Estate, Inc.                           | CUSIP: 75605Y106<br>LEI: 5493004HBTOTE9DI9P12 | Long             | EC               | CORP              | US        |     15932 | NS      | $101805.48    | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Elliman Inc            | Douglas Elliman, Inc.                                | CUSIP: 25961D105<br>LEI: 549300BXICHPOXA1NO93 | Long             | EC               | CORP              | US        |     18761 | NS      | $76357.27     | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| AdvanSix Inc                   | AdvanSix, Inc.                                       | CUSIP: 00773T101<br>LEI: 5493009TPRODMCAZLF67 | Long             | EC               | CORP              | US        |       773 | NS      | $29389.46     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| B&G Foods Inc                  | B&G Foods, Inc.                                      | CUSIP: 05508R106<br>LEI: 549300TRW1LZMDJZAQ78 | Long             | EC               | CORP              | US        |      3749 | NS      | $41801.35     | 0.56%             |  |  |  | No            |                  1 | On Loan: —       |
| SiriusPoint Ltd                | SiriusPoint Ltd.                                     | CUSIP: N/A<br>LEI: 549300OGXFI85N3YZZ51       | Long             | EC               | CORP              | US        |      6281 | NS      | $37057.90     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ScanSource Inc                 | ScanSource, Inc.                                     | CUSIP: 806037107<br>LEI: 7FHBAN017QDY4K2KP156 | Long             | EC               | CORP              | US        |      2843 | NS      | $83072.46     | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| La-Z-Boy Inc                   | La-Z-Boy, Inc.                                       | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |      1824 | NS      | $41623.68     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM Technologies Inc           | TTM Technologies, Inc.                               | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |      2399 | NS      | $36176.92     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| ProAssurance Corp              | ProAssurance Corp.                                   | CUSIP: 74267C106<br>LEI: 54930015E5J57R675E89 | Long             | EC               | CORP              | US        |      1297 | NS      | $22658.59     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** Rydex Variable Trust

**Signature:** Jim Howley

**Name of Signer:** Jim Howley

**Title:** CFO