# EDGAR Filing Document

**Accession Number:** 0001064046
**File Stem:** 0000940400-26-022855
**Filing Date:** 2026-6
**Character Count:** 61530
**Document Hash:** 204fab667045510c781ef7290dc8c88c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-022855.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0000940400-26-022855

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** RYDEX VARIABLE TRUST
- **CENTRAL INDEX KEY:** 0001064046

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08821
- **FILM NUMBER:** 261048532

**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 BOULEVARD

  - **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:** 2026-12-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $10354872.74

**Total Liabilities:** $128771.07

**Net Assets:** $10226101.67

**Cash Not Reported:** $0.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000010409 | 7.97%                | 1.40%                | -4.29%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-68253.63               | $894383.88                                 |
| Month 2  | $-225266.82              | $278394.16                                 |
| Month 3  | $-107974.38              | $-436184.62                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Molina Healthcare, Inc.                            | Molina Healthcare, Inc. COM                                  | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |       778 | NS      | $103707.40    | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Vestis Corp.                                       | Vestis Corp. COM SHS                                         | CUSIP: 29430C102<br>LEI: 254900QDW0TA2TMFAP59 | Long             | EC               | CORP              | US        |     13783 | NS      | $108334.38    | 1.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Matthews International Corp                        | Matthews International Corp CL A                             | CUSIP: 577128101<br>LEI: 549300ZVC5O0ATML6U61 | Long             | EC               | CORP              | US        |      1395 | NS      | $36018.90     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonic Automotive, Inc.                             | Sonic Automotive, Inc. CL A                                  | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |      1052 | NS      | $72135.64     | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Advance Auto Parts Inc.                            | Advance Auto Parts Inc. COM                                  | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |      1152 | NS      | $60768.00     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Shutterstock Inc                                   | Shutterstock Inc COM                                         | CUSIP: 825690100<br>LEI: 529900G2TDIS56V0LO22 | Long             | EC               | CORP              | US        |      2097 | NS      | $34831.17     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Healthcare Company, Inc.                    | Acadia Healthcare Company, Inc. COM                          | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Long             | EC               | CORP              | US        |      7677 | NS      | $179565.03    | 1.76%             |  |  |  | No            |                  1 | On Loan: No      |
| PENN Entertainment Inc                             | PENN Entertainment Inc COM                                   | CUSIP: 707569109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4324 | NS      | $64989.72     | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| California Resources Corporation                   | California Resources Corporation COM STOCK                   | CUSIP: 13057Q305<br>LEI: 5493003Q8F0T4F4YMR48 | Long             | EC               | CORP              | US        |       534 | NS      | $36963.48     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson Financial Inc                              | Jackson Financial Inc COM CL A                               | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |       568 | NS      | $60048.96     | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Hope Bancorp Inc                                   | Hope Bancorp Inc COM                                         | CUSIP: 43940T109<br>LEI: 549300UTF4QGMBHIZ219 | Long             | EC               | CORP              | US        |      3668 | NS      | $40971.56     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Corecivic Inc                                      | Corecivic Inc COM                                            | CUSIP: 21871N101<br>LEI: 529900JFA3K6PTLT8B15 | Long             | EC               | CORP              | US        |      1303 | NS      | $24639.73     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Under Armour, Inc.                                 | Under Armour, Inc. CL C                                      | CUSIP: 904311206<br>LEI: 549300D4549QKWETZ406 | Long             | EC               | CORP              | US        |      6963 | NS      | $40315.77     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| ALPHA AND OMEGA SEMICONDUCTOR LTD                  | Alpha & Omega Semiconductor Ltd. COM USD0.002                | CUSIP: 000000000<br>LEI: 5493001FE7J03YOV2V35 | Long             | EC               | CORP              | BM        |      2226 | NS      | $49328.16     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Adient PLC                                         | Adient PLC COM USD0.001                                      | CUSIP: 000000000<br>LEI: 5493002QLDY8O75RTR78 | Long             | EC               | CORP              | IE        |      4935 | NS      | $99736.35     | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| JetBlue Airways Corporation                        | JetBlue Airways Corporation COM                              | CUSIP: 477143101<br>LEI: 54930070J9H97ZO93T57 | Long             | EC               | CORP              | US        |     19727 | NS      | $87193.34     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Easterly Government Properties Inc                 | Easterly Government Properties Inc COM SHS                   | CUSIP: 27616P301<br>LEI: 549300ERMCEFC6S8HL77 | Long             | EC               | CORP              | US        |      1578 | NS      | $33816.54     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ManpowerGroup Inc.                                 | ManpowerGroup Inc. COM                                       | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |      4489 | NS      | $132245.94    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Peabody Energy Corp.                               | Peabody Energy Corp. COM                                     | CUSIP: 704551100<br>LEI: EJCO258LNNVSKAR2JX59 | Long             | EC               | CORP              | US        |      1543 | NS      | $50841.85     | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Northern Oil And Gas, Inc.                         | Northern Oil And Gas, Inc. COM                               | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |      1635 | NS      | $47791.05     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Under Armour, Inc.                                 | Under Armour, Inc. CL A                                      | CUSIP: 904311107<br>LEI: 549300D4549QKWETZ406 | Long             | EC               | CORP              | US        |     11163 | NS      | $65973.33     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Sally Beauty Holdings Inc.                         | Sally Beauty Holdings Inc. COM                               | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Long             | EC               | CORP              | US        |      3303 | NS      | $45746.55     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Shenandoah Telecommunications Co.                  | Shenandoah Telecommunications Co. COM                        | CUSIP: 82312B106<br>LEI: 549300XH3H4OUKFPHS84 | Long             | EC               | CORP              | US        |      3660 | NS      | $56437.20     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Marinemax Inc                                      | Marinemax Inc COM                                            | CUSIP: 567908108<br>LEI: 254900TIXTN8WY3FNN63 | Long             | EC               | CORP              | US        |      4738 | NS      | $128210.28    | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Intertechnology, Inc.                       | Vishay Intertechnology, Inc. COM                             | CUSIP: 928298108<br>LEI: 5493009O8F3QQJTCQR75 | Long             | EC               | CORP              | US        |      3710 | NS      | $66780.00     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Patterson-UTI Energy Inc.                          | Patterson-UTI Energy Inc. COM                                | CUSIP: 703481101<br>LEI: 254900XGFBKIXD6G0697 | Long             | EC               | CORP              | US        |     14904 | NS      | $161410.32    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Heartland Express Inc.                             | Heartland Express Inc. COM                                   | CUSIP: 422347104<br>LEI: 5299005V45FZIQGLOG39 | Long             | EC               | CORP              | US        |      6603 | NS      | $68671.20     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| HUB Group Inc                                      | HUB Group Inc CL A                                           | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       890 | NS      | $32075.60     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Rithm Capital Corp.                                | Rithm Capital Corp. COM NEW                                  | CUSIP: 64828T201<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EC               | CORP              | US        |      5990 | NS      | $56785.20     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| FRESH DEL MONTE PRODUCE INC                        | Fresh Del Monte Produce Inc. COM USD0.01                     | CUSIP: 000000000<br>LEI: 529900I72V9F0FEZR228 | Long             | EC               | CORP              | KY        |      2731 | NS      | $109950.06    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Apogee Enterprises Inc.                            | Apogee Enterprises Inc. COM                                  | CUSIP: 037598109<br>LEI: 549300579S7QW8V4IJ60 | Long             | EC               | CORP              | US        |       999 | NS      | $33506.46     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Leggett & Platt Inc.                               | Leggett & Platt Inc. COM                                     | CUSIP: 524660107<br>LEI: DKOVQUCDW4ZLYCUD4T55 | Long             | EC               | CORP              | US        |      7655 | NS      | $75631.40     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| DNOW Inc.                                          | DNOW Inc. COM                                                | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |      3344 | NS      | $39827.04     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| FORWARD AIR CORP                                   | Forward Air Corp. COM                                        | CUSIP: 34986A104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1092 | NS      | $18247.32     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                            | Pebblebrook Hotel Trust COM                                  | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |      4917 | NS      | $62101.71     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| ATLAS ENERGY SOLUTIONS INC                         | Atlas Energy Solutions Inc. COM NEW                          | CUSIP: 642045108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4317 | NS      | $56639.04     | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Company                           | Eastman Chemical Company COM                                 | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |       571 | NS      | $43578.72     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| The Chemours Company LLC                           | The Chemours Company LLC COM                                 | CUSIP: 163851108<br>LEI: 549300M1BOLNXL8DOV14 | Long             | EC               | CORP              | US        |      1960 | NS      | $43178.80     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Dauch Corp.                                        | Dauch Corp. COM                                              | CUSIP: 024061103<br>LEI: 254900SMQY98VFKNCC32 | Long             | EC               | CORP              | US        |     15752 | NS      | $93409.36     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Marriott Vacations Worldwide Corp                  | Marriott Vacations Worldwide Corp COM                        | CUSIP: 57164Y107<br>LEI: 549300WA6BT5H4F7IO94 | Long             | EC               | CORP              | US        |      1599 | NS      | $104126.88    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Helix Energy Solutions Group, Inc.                 | Helix Energy Solutions Group, Inc. COM                       | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |     10609 | NS      | $104923.01    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MARTEN TRANSPORT LTD                               | Marten Transport Ltd. COM                                    | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2790 | NS      | $36632.70     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| The Andersons Inc                                  | The Andersons Inc COM                                        | CUSIP: 034164103<br>LEI: L38MWB8MVRFV7HVJPU11 | Long             | EC               | CORP              | US        |      1570 | NS      | $112694.60    | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Caesars Entertainment Inc.                         | Caesars Entertainment Inc. COM                               | CUSIP: 12769G100<br>LEI: 549300FA4CTCW903Y781 | Long             | EC               | CORP              | US        |      2535 | NS      | $67000.05     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Upbound Group Inc                                  | Upbound Group Inc COM                                        | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |      4406 | NS      | $79528.30     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Merchants Bancorp. (Indiana)                       | Merchants Bancorp. (Indiana) COM                             | CUSIP: 58844R108<br>LEI: 54930008Y0GPVLF81889 | Long             | EC               | CORP              | US        |      1235 | NS      | $52993.85     | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes Inc.                                     | M/I Homes Inc. COM                                           | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |       291 | NS      | $35632.95     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| CAPITOL FEDERAL FINANCIAL INC                      | Capitol Fed Fin In COM                                       | CUSIP: 14057J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4212 | NS      | $30031.56     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp                                | Meritage Homes Corp COM                                      | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |       669 | NS      | $41370.96     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Corporation                              | Universal Corporation COM                                    | CUSIP: 913456109<br>LEI: 549300BZXZ66F6DTIF20 | Long             | EC               | CORP              | US        |      1736 | NS      | $91487.20     | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Safehold Inc.                                      | Safehold Inc. COM                                            | CUSIP: 78646V107<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | EC               | CORP              | US        |      3584 | NS      | $48491.52     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| World Kinect Corporation                           | World Kinect Corporation COM                                 | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |      3644 | NS      | $84067.08     | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Encore Capital Group Inc.                          | Encore Capital Group Inc. COM                                | CUSIP: 292554102<br>LEI: 5493000UVC6H49CIH830 | Long             | EC               | CORP              | US        |       455 | NS      | $31904.60     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| United Natural Foods, Inc.                         | United Natural Foods, Inc. COM                               | CUSIP: 911163103<br>LEI: 549300GKGW6WPZ282D40 | Long             | EC               | CORP              | US        |      2324 | NS      | $104719.44    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PROG Holdings Inc.                                 | PROG Holdings Inc. COM NPV                                   | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |      1727 | NS      | $49547.63     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanex Building Products Corp.                     | Quanex Building Products Corp. COM                           | CUSIP: 747619104<br>LEI: 5493000TL30VL5WOAW87 | Long             | EC               | CORP              | US        |      4956 | NS      | $89059.32     | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| ETHAN ALLEN INTERIORS INC                          | Ethan Allen Interiors Inc. COM                               | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1036 | NS      | $23061.36     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Newell Brands Inc.                                 | Newell Brands Inc. COM                                       | CUSIP: 651229106<br>LEI: 549300LWGYFM1TVO1Z12 | Long             | EC               | CORP              | US        |     33296 | NS      | $114205.28    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Robert Half Inc.                                   | Robert Half Inc. COM                                         | CUSIP: 770323103<br>LEI: 529900VPCUY9H3HLIC08 | Long             | EC               | CORP              | US        |      1317 | NS      | $33451.80     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Company                       | Central Garden & Pet Company CL A NON-VTG                    | CUSIP: 153527205<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |      1333 | NS      | $43215.86     | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corp.                                          | FMC Corp. COM NEW                                            | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |      5267 | NS      | $90697.74     | 0.89%             |  |  |  | No            |                  1 | On Loan: —       |
| LKQ Corporation                                    | LKQ Corporation COM                                          | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |      1988 | NS      | $58387.56     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Sylvamo Corp.                                      | Sylvamo Corp. COMMON STOCK                                   | CUSIP: 871332102<br>LEI: 5493001AOYU1ZOWOC971 | Long             | EC               | CORP              | US        |       690 | NS      | $29145.60     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Carters Inc.                                       | Carters Inc. COM                                             | CUSIP: 146229109<br>LEI: 5299003WAQK4R3L3ZU36 | Long             | EC               | CORP              | US        |      2209 | NS      | $78993.84     | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Monro Inc                                          | Monro Inc COM                                                | CUSIP: 610236101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3550 | NS      | $56942.00     | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Koppers Holdings Inc                               | Koppers Holdings Inc COM                                     | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3399 | NS      | $131473.32    | 1.29%             |  |  |  | No            |                  1 | On Loan: No      |
| SCHOLASTIC CORP                                    | Scholastic Corporation COM                                   | CUSIP: 807066105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2849 | NS      | $111281.94    | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| SELECT MEDICAL HOLDINGS CORP                       | Select Medical Holdings Corporation COM                      | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5964 | NS      | $97153.56     | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| NCR Voyix Corporation                              | NCR Voyix Corporation COM                                    | CUSIP: 62886E108<br>LEI: 549300YKTY8JX1DV2R67 | Long             | EC               | CORP              | US        |      3141 | NS      | $19882.53     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| G III Apparel Group Ltd                            | G III Apparel Group Ltd COM                                  | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |      3752 | NS      | $103930.40    | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Phinia Inc.                                        | Phinia Inc. COMMON STOCK                                     | CUSIP: 71880K101<br>LEI: 254900HG6MORZE1FFM18 | Long             | EC               | CORP              | US        |       691 | NS      | $47292.04     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CUSHMAN & WAKEFIELD LTD                            | Cushman And Wakefield Ltd. COMMON SHARES                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |      3808 | NS      | $46686.08     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| La-Z-Boy Inc                                       | La-Z-Boy Inc COM                                             | CUSIP: 505336107<br>LEI: 549300WNO1WMN9ZG2519 | Long             | EC               | CORP              | US        |       622 | NS      | $19991.08     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| AMN Healthcare Services Inc                        | AMN Healthcare Services Inc COM                              | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |      3837 | NS      | $70370.58     | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp.                             | Lincoln National Corp. COM                                   | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |      2398 | NS      | $85129.00     | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED | MERRILL LYNCH, PIERCE, FENNER & SMITH INCORPORATED TRI PARTY | CUSIP: 000000000<br>LEI: 8NAV47T0Y26Q87Y0QP81 | Long             | RA               | CORP              | US        |     24066 | PA      | $24066.34     | 0.24%             |  |  |  | No            |                  2 | On Loan: No      |
| Academy Sports and Outdoors Inc                    | Academy Sports and Outdoors Inc COM                          | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |       802 | NS      | $45272.90     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| RPC Inc                                            | RPC Inc COM                                                  | CUSIP: 749660106<br>LEI: 549300ZDXAFBC3SB4918 | Long             | EC               | CORP              | US        |      7751 | NS      | $54877.08     | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| KAISER ALUMINUM CORP                               | Kaiser Aluminium Corporation COM PAR $0.01                   | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       388 | NS      | $46757.88     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Schneider National Inc                             | Schneider National Inc CL B                                  | CUSIP: 80689H102<br>LEI: 529900V6GZ6G6E3BLV72 | Long             | EC               | CORP              | US        |      1232 | NS      | $32475.52     | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| American Woodmark Corporation                      | American Woodmark Corporation COM                            | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |      1478 | NS      | $58868.74     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Fox Factory Holding Corporation                    | Fox Factory Holding Corporation COM                          | CUSIP: 35138V102<br>LEI: 529900GE1HSV0617R721 | Long             | EC               | CORP              | US        |      4253 | NS      | $70004.38     | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Werner Enterprises Inc.                            | Werner Enterprises Inc. COM                                  | CUSIP: 950755108<br>LEI: 549300P6XRGOCHHJST37 | Long             | EC               | CORP              | US        |      1994 | NS      | $58643.54     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Standard Motor Products, Inc.                      | Standard Motor Products, Inc. COM                            | CUSIP: 853666105<br>LEI: THGK1EO5B5HK0JHQVZ90 | Long             | EC               | CORP              | US        |      1754 | NS      | $60933.96     | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Navient Corporation                                | Navient Corporation COM                                      | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               | CORP              | US        |      2826 | NS      | $23116.68     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive, Inc.                           | Group 1 Automotive, Inc. COM                                 | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |       188 | NS      | $62158.44     | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| VERSANT MEDIA GROUP INC                            | Versant Media Group Inc. COM CL A                            | CUSIP: 925283103<br>LEI: 254900D2Q5F5F229PU30 | Long             | EC               | CORP              | US        |      1725 | NS      | $63859.50     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| MasterBrand Inc                                    | MasterBrand Inc COMMON STOCK                                 | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |      6019 | NS      | $50017.89     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Organon & Co                                       | Organon & Co COMMON STOCK                                    | CUSIP: 68622V106<br>LEI: 549300AMCKY57OK2CO56 | Long             | EC               | CORP              | US        |      9691 | NS      | $58049.09     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Asbury Automotive Group, Inc.                      | Asbury Automotive Group, Inc. COM                            | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |       401 | NS      | $78359.41     | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| ScanSource Inc.                                    | ScanSource Inc. COM                                          | CUSIP: 806037107<br>LEI: 7FHBAN017QDY4K2KP156 | Long             | EC               | CORP              | US        |      2545 | NS      | $92383.50     | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services Corporation           | Stewart Information Services Corporation COM                 | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |       351 | NS      | $21614.58     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bancorp.                           | First Financial Bancorp. COM                                 | CUSIP: 320209109<br>LEI: 549300D3F5B3EZMY7P77 | Long             | EC               | CORP              | US        |       965 | NS      | $26904.20     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Mohawk Industries, Inc.                            | Mohawk Industries, Inc. COM                                  | CUSIP: 608190104<br>LEI: 549300JI1115MG3Q6322 | Long             | EC               | CORP              | US        |       591 | NS      | $58189.86     | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| EXP World Holdings Inc                             | EXP World Holdings Inc COM                                   | CUSIP: 30212W100<br>LEI: 549300TWVVZC283VEC32 | Long             | EC               | CORP              | US        |      2644 | NS      | $15837.56     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| IAC Inc                                            | IAC Inc COM NEW                                              | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Long             | EC               | CORP              | US        |      1724 | NS      | $69011.72     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Amentum Holdings, Inc.                             | Amentum Holdings, Inc. COM                                   | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |      1544 | NS      | $40267.52     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichor Holdings Ltd                                 | Ichor Holdings Ltd COM USD0.0001                             | CUSIP: 000000000<br>LEI: 529900PS8R2JVLJ2H892 | Long             | EC               | CORP              | KY        |      3312 | NS      | $154372.32    | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co                                   | Boise Cascade Co COM                                         | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |       843 | NS      | $63941.55     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Winnebago Industries Inc.                          | Winnebago Industries Inc. COM                                | CUSIP: 974637100<br>LEI: 549300B7OYKYJLTE3G11 | Long             | EC               | CORP              | US        |      2692 | NS      | $83425.08     | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Commercial Real Estate Finance, Inc.        | Apollo Commercial Real Estate Finance, Inc. COM              | CUSIP: 03762U105<br>LEI: 549300E0AN7M2AQHSY29 | Long             | EC               | CORP              | US        |      3529 | NS      | $37266.24     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawaiian Electric Industries, Inc.                 | Hawaiian Electric Industries, Inc. COM                       | CUSIP: 419870100<br>LEI: JJ8FWOCWCV22X7GUPJ23 | Long             | EC               | CORP              | US        |      3303 | NS      | $49016.52     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy Inc                                 | Liberty Energy Inc COM CL A                                  | CUSIP: 53115L104<br>LEI: 254900PKFJW6RILDCM60 | Long             | EC               | CORP              | US        |      1552 | NS      | $44697.60     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Natural Resources Inc.                        | Core Natural Resources Inc. COM SHS                          | CUSIP: 218937100<br>LEI: 549300YJCTPJBTK7IJ81 | Long             | EC               | CORP              | US        |       320 | NS      | $33513.60     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Genworth Financial Inc.                            | Genworth Financial Inc. COM SHS                              | CUSIP: 37247D106<br>LEI: 549300EMCG286BDNKJ33 | Long             | EC               | CORP              | US        |     11666 | NS      | $94727.92     | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| O-I Glass Inc                                      | O-I Glass Inc COM                                            | CUSIP: 67098H104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4621 | NS      | $48566.71     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Perrigo Company PLC                                | Perrigo Company PLC COM EUR0.001                             | CUSIP: 000000000<br>LEI: 549300IFOQS6R1QLY196 | Long             | EC               | CORP              | IE        |      7843 | NS      | $84233.82     | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| RXO Inc.                                           | RXO Inc. COMMON STOCK                                        | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Long             | EC               | CORP              | US        |      4521 | NS      | $66097.02     | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Insight Enterprises Inc.                           | Insight Enterprises Inc. COM                                 | CUSIP: 45765U103<br>LEI: 529900S8991TYW6YP792 | Long             | EC               | CORP              | US        |       881 | NS      | $59035.81     | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Kohl's Corp.                                       | Kohl's Corp. COM                                             | CUSIP: 500255104<br>LEI: 549300JF6LPRTRJ0FH50 | Long             | EC               | CORP              | US        |      5730 | NS      | $73917.00     | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| MillerKnoll Inc.                                   | MillerKnoll Inc. COM                                         | CUSIP: 600544100<br>LEI: U98HXD3PNK7HYU2MU887 | Long             | EC               | CORP              | US        |      6810 | NS      | $98472.60     | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Energizer Holdings Inc                             | Energizer Holdings Inc COM                                   | CUSIP: 29272W109<br>LEI: 5493000D6NN0V57UME20 | Long             | EC               | CORP              | US        |      1275 | NS      | $20935.50     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Company                       | Central Garden & Pet Company COM                             | CUSIP: 153527106<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |       209 | NS      | $7684.93      | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Bread Financial Holdings Inc                       | Bread Financial Holdings Inc COM                             | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |       511 | NS      | $38268.79     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Dream Finders Homes Inc                            | Dream Finders Homes Inc COM CL A                             | CUSIP: 26154D100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3895 | NS      | $54218.40     | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| LGI Homes Inc                                      | LGI Homes Inc COM                                            | CUSIP: 50187T106<br>LEI: 549300W02B4WNV8CV109 | Long             | EC               | CORP              | US        |      1779 | NS      | $70323.87     | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan International, Inc.                          | Titan International, Inc. COM                                | CUSIP: 88830M102<br>LEI: 254900CXRGBE7C4B5A06 | Long             | EC               | CORP              | US        |     12584 | NS      | $86955.44     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Asgn Incorporated                                  | Asgn Incorporated COM                                        | CUSIP: 00191U102<br>LEI: LZBNYYCBUKY537072438 | Long             | EC               | CORP              | US        |      2118 | NS      | $81987.78     | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcbest Corporation                                | Arcbest Corporation COM                                      | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |      1250 | NS      | $122950.00    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Bsp Realty Trust Inc                      | Franklin Bsp Realty Trust Inc COMMON STOCK                   | CUSIP: 35243J101<br>LEI: 549300LH3QNZK9Y1KC93 | Long             | EC               | CORP              | US        |      4120 | NS      | $34978.80     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Stepan Co                                          | Stepan Co COM                                                | CUSIP: 858586100<br>LEI: IZU1EW9GB3WC7CYCSR17 | Long             | EC               | CORP              | US        |      2002 | NS      | $100059.96    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Matson Inc                                         | Matson Inc COM                                               | CUSIP: 57686G105<br>LEI: 549300OI5H3Y0I9I4I12 | Long             | EC               | CORP              | US        |       207 | NS      | $33935.58     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ADAPTHEALTH CORP                                   | AdaptHealth Corporation COMMON STOCK                         | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10484 | NS      | $124759.60    | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Cracker Barrel Old Country Store Inc.              | Cracker Barrel Old Country Store Inc. COM                    | CUSIP: 22410J106<br>LEI: 8P4PHQIUWPIECBFBW745 | Long             | EC               | CORP              | US        |      3097 | NS      | $87056.67     | 0.85%             |  |  |  | No            |                  1 | On Loan: —       |
| Allegiant Travel Company                           | Allegiant Travel Company COM                                 | CUSIP: 01748X102<br>LEI: 549300JM9OZXOHWL2K18 | Long             | EC               | CORP              | US        |       322 | NS      | $26094.88     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Minerals Technologies Inc.                         | Minerals Technologies Inc. COM                               | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |       511 | NS      | $36240.12     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Worthington Steel Inc.                             | Worthington Steel Inc. COM SHS                               | CUSIP: 982104101<br>LEI: 2549009ZUUWL3QLK6G24 | Long             | EC               | CORP              | US        |      1256 | NS      | $38119.60     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| DXC Technology Company                             | DXC Technology Company COM                                   | CUSIP: 23355L106<br>LEI: 549300DOVZ3EDJB7O259 | Long             | EC               | CORP              | US        |      8673 | NS      | $109019.61    | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Insperity Inc                                      | Insperity Inc COM                                            | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               | CORP              | US        |       982 | NS      | $26553.28     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| CRESCENT ENERGY CO                                 | Crescent Energy Co. CL A COM                                 | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9111 | NS      | $122998.50    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| EMPLOYERS HOLDINGS INC                             | Employers Holdings Inc. COM                                  | CUSIP: 292218104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1166 | NS      | $47969.24     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| J.P. MORGAN SECURITIES LLC                         | J.P. MORGAN SECURITIES LLC TRI PARTY                         | CUSIP: 000000000<br>LEI: ZBUT11V806EZRVTWT807 | Long             | RA               | CORP              | US        |     26482 | PA      | $26482.09     | 0.26%             |  |  |  | No            |                  2 | On Loan: No      |
| Edgewell Personal Care Co                          | Edgewell Personal Care Co COM                                | CUSIP: 28035Q102<br>LEI: 549300CY8QZDL4Z3RU59 | Long             | EC               | CORP              | US        |      6949 | NS      | $148291.66    | 1.45%             |  |  |  | No            |                  1 | On Loan: —       |
| SM Energy Co.                                      | SM Energy Co. COM                                            | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |      4195 | NS      | $130800.10    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| PC Connection Inc.                                 | PC Connection Inc. COM                                       | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |       704 | NS      | $41155.84     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| ABM Industries Inc.                                | ABM Industries Inc. COM                                      | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |      1786 | NS      | $68796.72     | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| GROCERY OUTLET HOLDING CORP                        | Grocery Outlet Holding Corp. COM                             | CUSIP: 39874R101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9590 | NS      | $67609.50     | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Metallus Inc.                                      | Metallus Inc. COM                                            | CUSIP: 887399103<br>LEI: 549300QZTZWHDE9HJL14 | Long             | EC               | CORP              | US        |      2861 | NS      | $46748.74     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Innovative Industrial Propertes Inc                | Innovative Industrial Propertes Inc COM                      | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               | CORP              | US        |       670 | NS      | $33607.20     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities Inc                            | Century Communities Inc COM                                  | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |      1629 | NS      | $93472.02     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| The Greenbrier Companies, Inc.                     | The Greenbrier Companies, Inc. COM                           | CUSIP: 393657101<br>LEI: 5493001GAGGFR30BP390 | Long             | EC               | CORP              | US        |      2015 | NS      | $106089.75    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PRA Group Inc.                                     | PRA Group Inc. COM                                           | CUSIP: 69354N106<br>LEI: 549300Q5HW3JSSB86K27 | Long             | EC               | CORP              | US        |      2292 | NS      | $40110.00     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Tri Pointe Homes Inc                               | Tri Pointe Homes Inc COM                                     | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1701 | NS      | $79487.73     | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Bristow Group Inc                                  | Bristow Group Inc COM                                        | CUSIP: 11040G103<br>LEI: 5493005Q24EN3UC1PV68 | Long             | EC               | CORP              | US        |      1381 | NS      | $64755.09     | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchmark Electronics, Inc.                        | Benchmark Electronics, Inc. COM                              | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |       704 | NS      | $39466.24     | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises Inc.                              | Rush Enterprises Inc. CL A                                   | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |       632 | NS      | $41781.52     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| GEO Group Inc                                      | GEO Group Inc COM                                            | CUSIP: 36162J106<br>LEI: 54930024XOXET7NQVZ63 | Long             | EC               | CORP              | US        |      1572 | NS      | $26425.32     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Talos Energy Inc                                   | Talos Energy Inc COM                                         | CUSIP: 87484T108<br>LEI: 549300OKFHZ84SFJFT95 | Long             | EC               | CORP              | US        |      2490 | NS      | $39242.40     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Hospitality Reit Inc                         | Apple Hospitality Reit Inc COM NEW                           | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |      2602 | NS      | $29949.02     | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Ziff Davis Inc                                     | Ziff Davis Inc COM                                           | CUSIP: 48123V102<br>LEI: 5493008OJYGLHD7MXA18 | Long             | EC               | CORP              | US        |      1884 | NS      | $79052.64     | 0.77%             |  |  |  | No            |                  1 | On Loan: —       |
| Hilltop Holdings Inc                               | Hilltop Holdings Inc COM                                     | CUSIP: 432748101<br>LEI: 54930010TA543US0PM65 | Long             | EC               | CORP              | US        |       785 | NS      | $28118.70     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Arbor Realty Trust, Inc.                           | Arbor Realty Trust, Inc. COM                                 | CUSIP: 038923108<br>LEI: 549300ASFUWYQO0RW077 | Long             | EC               | CORP              | US        |      4715 | NS      | $36352.65     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Cable One Inc                                      | Cable One Inc COM                                            | CUSIP: 12685J105<br>LEI: 549300648QS85T0XSH18 | Long             | EC               | CORP              | US        |       340 | NS      | $31011.40     | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Deluxe Corporation                                 | Deluxe Corporation COM                                       | CUSIP: 248019101<br>LEI: KWGNKB8TX9LE5TV29231 | Long             | EC               | CORP              | US        |      3086 | NS      | $84988.44     | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Corsair Gaming Inc                                 | Corsair Gaming Inc COM                                       | CUSIP: 22041X102<br>LEI: 549300Y7YT18L8G0H525 | Long             | EC               | CORP              | US        |      8322 | NS      | $46187.10     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Carmax Inc                                         | Carmax Inc COM                                               | CUSIP: 143130102<br>LEI: 529900F60CID3NCZM330 | Long             | EC               | CORP              | US        |      2761 | NS      | $114802.38    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Oxford Industries, Inc.                            | Oxford Industries, Inc. COM                                  | CUSIP: 691497309<br>LEI: IDZ20O0XD3GS4UOI2L88 | Long             | EC               | CORP              | US        |      2417 | NS      | $93078.67     | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Sun Country Airlines Holdings Inc.                 | Sun Country Airlines Holdings Inc. COM                       | CUSIP: 866683105<br>LEI: 549300MOHOJN9GH0NJ48 | Long             | EC               | CORP              | US        |      3165 | NS      | $52285.80     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Kemper Corporation                                 | Kemper Corporation COM                                       | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |      3162 | NS      | $96630.72     | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Astrana Health Inc                                 | Astrana Health Inc COM NEW                                   | CUSIP: 03763A207<br>LEI: 5493008O4R82Q4STJ936 | Long             | EC               | CORP              | US        |      3102 | NS      | $76061.04     | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Provident Financial Services Inc.                  | Provident Financial Services Inc. COM                        | CUSIP: 74386T105<br>LEI: 529900JOSO3SXEDVE477 | Long             | EC               | CORP              | US        |      1232 | NS      | $26069.12     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** Rydex Variable Trust

**Signature:** James Howley

**Name of Signer:** James Howley

**Title:** Chief Financial Officer