# EDGAR Filing Document

**Accession Number:** 0000709364
**File Stem:** 0001752724-25-189549
**Filing Date:** 2025-8
**Character Count:** 98900
**Document Hash:** 89bac93a95d34ce591017b7dacce3e80
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-189549.hdr.sgml**: 20250815

**ACCESSION NUMBER**: 0001752724-25-189549

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250815

**DATE AS OF CHANGE**: 20250815

**PERIOD START**: 20251231

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03599
- **FILM NUMBER:** 251223198

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

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

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

## Series and Classes Contracts Data

### Royce Small-Cap Fund (Series ID: S000009507)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000025997 | Investment Class    | PENNX           |
| C000025998 | Consultant Class    | RYPCX           |
| C000025999 | Service Class       | RYPFX           |
| C000098386 | Institutional Class | RPMIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

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

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

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

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

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

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10010

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

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

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

- **b. EDGAR series identifier (if any):** S000009507

- **c. LEI of Series:** 25490056EPDKD3CIFH29

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

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

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1735944658.70

**Total Liabilities:** $12762331.88

**Net Assets:** $1723182326.82

**Cash Not Reported:** $107210.19

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000025999 | -1.85%               | 6.27%                | 4.83%                |
| Class ID C000098386 | -1.82%               | 6.32%                | 4.78%                |
| Class ID C000025998 | -1.92%               | 6.20%                | 4.76%                |
| Class ID C000025997 | -1.83%               | 6.34%                | 4.80%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-19307236.67            | $-12175978.48                              |
| Month 2  | $-7520580.70             | $105967468.56                              |
| Month 3  | $21462519.84             | $56730100.98                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| WESCO International Inc                      | WESCO International Inc                      | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |     20084 | NS      | $3719556.80   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Camtek Ltd/Israel                            | Camtek Ltd/Israel                            | CUSIP: 000000000<br>LEI: 5493000H80W07HCKGS43 | Long             | EC               | CORP              | IL        |     35732 | NS      | $3021497.92   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| OneWater Marine Inc                          | OneWater Marine Inc                          | CUSIP: 68280L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    136554 | NS      | $1828458.06   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Charles River Laboratories International Inc | Charles River Laboratories International Inc | CUSIP: 159864107<br>LEI: 549300BSQ0R4UZ5KX287 | Long             | EC               | CORP              | US        |     40067 | NS      | $6079365.91   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Jabil Inc                                    | Jabil Inc                                    | CUSIP: 466313103<br>LEI: 5493000CGCQY2OQU7669 | Long             | EC               | CORP              | US        |     19741 | NS      | $4305512.10   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Interparfums Inc                             | Interparfums Inc                             | CUSIP: 458334109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     87230 | NS      | $11454171.30  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Nova Ltd                                     | Nova Ltd                                     | CUSIP: 000000000<br>LEI: 529900B2DSWE5V3SC292 | Long             | EC               | CORP              | IL        |     46750 | NS      | $12865600.00  | 0.75%             |  |  |  | No            |                  1 | On Loan: —       |
| Champion Homes Inc                           | Champion Homes Inc                           | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25219 | NS      | $1578961.59   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkami Technology Inc                        | Alkami Technology Inc                        | CUSIP: 01644J108<br>LEI: 254900FCNYU4HNEV9L47 | Long             | EC               | CORP              | US        |     94997 | NS      | $2863209.58   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Cabot Corp                                   | Cabot Corp                                   | CUSIP: 127055101<br>LEI: K05C0SER542GQ6VLRO68 | Long             | EC               | CORP              | US        |     47357 | NS      | $3551775.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp                          | Meritage Homes Corp                          | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |     55435 | NS      | $3712481.95   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Kulicke & Soffa Industries Inc               | Kulicke & Soffa Industries Inc               | CUSIP: 501242101<br>LEI: 529900H6BEIRBF429744 | Long             | EC               | CORP              | US        |    183997 | NS      | $6366296.20   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Teledyne Technologies Inc                    | Teledyne Technologies Inc                    | CUSIP: 879360105<br>LEI: 549300VSMO9KYQWDND94 | Long             | EC               | CORP              | US        |      8040 | NS      | $4118972.40   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Esquire Financial Holdings Inc               | Esquire Financial Holdings Inc               | CUSIP: 29667J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23200 | NS      | $2196112.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Colliers International Group Inc             | Colliers International Group Inc             | CUSIP: 194693107<br>LEI: D3O8K13PHLEXXD1DT480 | Long             | EC               | CORP              | CA        |     31615 | NS      | $4127022.10   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirion Technologies Inc                      | Mirion Technologies Inc                      | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               | CORP              | US        |    244360 | NS      | $5261070.80   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus International Group Inc                | Janus International Group Inc                | CUSIP: 47103N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    358216 | NS      | $2915878.24   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Pool Corp                                    | Pool Corp                                    | CUSIP: 73278L105<br>LEI: 5493005VZK1KMN6CO617 | Long             | EC               | CORP              | US        |      4156 | NS      | $1211390.88   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Evercore Inc                                 | Evercore Inc                                 | CUSIP: 29977A105<br>LEI: 529900P6KLPT95DW3W58 | Long             | EC               | CORP              | US        |     27169 | NS      | $7336173.38   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Adeia Inc                                    | Adeia Inc                                    | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    125607 | NS      | $1776082.98   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Metallus Inc                                 | Metallus Inc                                 | CUSIP: 887399103<br>LEI: 549300QZTZWHDE9HJL14 | Long             | EC               | CORP              | US        |     59261 | NS      | $913212.01    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Preformed Line Products Co                   | Preformed Line Products Co                   | CUSIP: 740444104<br>LEI: 549300EYH53XDJID2098 | Long             | EC               | CORP              | US        |     90721 | NS      | $14498123.01  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp                                     | VSE Corp                                     | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |      8207 | NS      | $1074952.86   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| RBC Bearings Inc                             | RBC Bearings Inc                             | CUSIP: 75524B104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37789 | NS      | $14541207.20  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERISAFE Inc                                | AMERISAFE Inc                                | CUSIP: 03071H100<br>LEI: 2549002B4EXPBLGMNN22 | Long             | EC               | CORP              | US        |     83778 | NS      | $3663611.94   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneCo Ltd                                  | StoneCo Ltd                                  | CUSIP: 000000000<br>LEI: 549300O1A9LEF0XZCR35 | Long             | EC               | CORP              | KY        |    130036 | NS      | $2085777.44   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Repligen Corp                                | Repligen Corp                                | CUSIP: 759916109<br>LEI: 54930006QJ0T5AUO1E71 | Long             | EC               | CORP              | US        |     40713 | NS      | $5063882.94   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Valvoline Inc                                | Valvoline Inc                                | CUSIP: 92047W101<br>LEI: 549300CMHPBEY6VPOT75 | Long             | EC               | CORP              | US        |    182328 | NS      | $6904761.36   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| BioLife Solutions Inc                        | BioLife Solutions Inc                        | CUSIP: 09062W204<br>LEI: 549300G2IVCMC2TJDW72 | Long             | EC               | CORP              | US        |     46939 | NS      | $1011066.06   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| FirstCash Holdings Inc                       | FirstCash Holdings Inc                       | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38433 | NS      | $5193835.62   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Enpro Inc                                    | Enpro Inc                                    | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |     76202 | NS      | $14596493.10  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Marex Group PLC                              | Marex Group PLC                              | CUSIP: 000000000<br>LEI: 549300DWX0SVICJAL507 | Long             | EC               | CORP              | GB        |    217763 | NS      | $8595105.61   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Northeast Bank                               | Northeast Bank                               | CUSIP: 66405S100<br>LEI: 549300F0LV9TSW34E306 | Long             | EC               | CORP              | US        |     24028 | NS      | $2138251.72   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Miller Industries Inc/TN                     | Miller Industries Inc/TN                     | CUSIP: 600551204<br>LEI: 549300F1O74SPUJ7UU94 | Long             | EC               | CORP              | US        |    141875 | NS      | $6307762.50   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Walker & Dunlop Inc                          | Walker & Dunlop Inc                          | CUSIP: 93148P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72840 | NS      | $5133763.20   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Catalyst Pharmaceuticals Inc                 | Catalyst Pharmaceuticals Inc                 | CUSIP: 14888U101<br>LEI: 5299004O0R5XXLA5H544 | Long             | EC               | CORP              | US        |    399300 | NS      | $8664810.00   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Technologies Inc                         | UFP Technologies Inc                         | CUSIP: 902673102<br>LEI: 549300RJ8LY41HS70C91 | Long             | EC               | CORP              | US        |      3100 | NS      | $756896.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| IES Holdings Inc                             | IES Holdings Inc                             | CUSIP: 44951W106<br>LEI: 549300687T8E6LN6EN72 | Long             | EC               | CORP              | US        |     24754 | NS      | $7332877.42   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Pason Systems Inc                            | Pason Systems Inc                            | CUSIP: 702925108<br>LEI: 984500DC6T2FLR969F65 | Long             | EC               | CORP              | CA        |   1321208 | NS      | $11914400.03  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Artisan Partners Asset Management Inc        | Artisan Partners Asset Management Inc        | CUSIP: 04316A108<br>LEI: 549300T1FUI6JF63XU51 | Long             | EC               | CORP              | US        |    353282 | NS      | $15660991.06  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Powerfleet Inc NJ                            | Powerfleet Inc NJ                            | CUSIP: 73931J109<br>LEI: 2549007NKEFPYEH4MF81 | Long             | EC               | CORP              | US        |    751408 | NS      | $3238568.48   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| American Superconductor Corp                 | American Superconductor Corp                 | CUSIP: 030111207<br>LEI: 549300S9YT8Z8LOK4452 | Long             | EC               | CORP              | US        |     92177 | NS      | $3381974.13   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Crescent Energy Co                           | Crescent Energy Co                           | CUSIP: 44952J104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     56224 | NS      | $483526.40    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Hingham Institution For Savings The          | Hingham Institution For Savings The          | CUSIP: 433323102<br>LEI: 2549009GDCGUR2T6KU55 | Long             | EC               | CORP              | US        |     19419 | NS      | $4822708.65   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Nomad Foods Ltd                              | Nomad Foods Ltd                              | CUSIP: 000000000<br>LEI: 5493000ZZ1837DS2SI43 | Long             | EC               | CORP              | VG        |    186125 | NS      | $3162263.75   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Mesa Laboratories Inc                        | Mesa Laboratories Inc                        | CUSIP: 59064R109<br>LEI: 549300ZCG738WLX8ZW79 | Long             | EC               | CORP              | US        |     95515 | NS      | $8999423.30   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Silvercrest Asset Management Group Inc       | Silvercrest Asset Management Group Inc       | CUSIP: 828359109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18280 | NS      | $289920.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| JFrog Ltd                                    | JFrog Ltd                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |     84926 | NS      | $3726552.88   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmus Filtration Technologies Inc            | Atmus Filtration Technologies Inc            | CUSIP: 04956D107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    273327 | NS      | $9954569.34   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| OceanFirst Financial Corp                    | OceanFirst Financial Corp                    | CUSIP: 675234108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    244612 | NS      | $4307617.32   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR Inc                                      | KBR Inc                                      | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |    236015 | NS      | $11314559.10  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| TMX Group Ltd                                | TMX Group Ltd                                | CUSIP: 87262K105<br>LEI: 549300N65GFVKSHGJW59 | Long             | EC               | CORP              | CA        |    444202 | NS      | $18828227.97  | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Hub Group Inc                                | Hub Group Inc                                | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    187870 | NS      | $6280494.10   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Movado Group Inc                             | Movado Group Inc                             | CUSIP: 624580106<br>LEI: 549300WCGCGPWGHVXM59 | Long             | EC               | CORP              | US        |     37569 | NS      | $572927.25    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Cirrus Logic Inc                             | Cirrus Logic Inc                             | CUSIP: 172755100<br>LEI: 549300NKSJEM5ZZSSV18 | Long             | EC               | CORP              | US        |    189930 | NS      | $19801152.15  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Hawkins Inc                                  | Hawkins Inc                                  | CUSIP: 420261109<br>LEI: 549300VL3IJ23OWX1Y34 | Long             | EC               | CORP              | US        |     13326 | NS      | $1893624.60   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Surmodics Inc                                | Surmodics Inc                                | CUSIP: 868873100<br>LEI: 549300H76KXCAAGUS878 | Long             | EC               | CORP              | US        |     41784 | NS      | $1241402.64   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohu Inc                                     | Cohu Inc                                     | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |    268753 | NS      | $5170807.72   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Blue Bird Corp                               | Blue Bird Corp                               | CUSIP: 095306106<br>LEI: 5493004ZXJUUWQ65ER59 | Long             | EC               | CORP              | US        |     82318 | NS      | $3552844.88   | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Travere Therapeutics Inc                     | Travere Therapeutics Inc                     | CUSIP: 89422G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    107712 | NS      | $1594137.60   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Applied Industrial Technologies Inc          | Applied Industrial Technologies Inc          | CUSIP: 03820C105<br>LEI: 549300NU173IJRC6PO38 | Long             | EC               | CORP              | US        |     43882 | NS      | $10200370.90  | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| IDT Corp                                     | IDT Corp                                     | CUSIP: 448947507<br>LEI: 549300JNTN7ZMJDFCL56 | Long             | EC               | CORP              | US        |     16762 | NS      | $1145179.84   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| TD SYNNEX Corp                               | TD SYNNEX Corp                               | CUSIP: 87162W100<br>LEI: 5493004HI6PFLF46NS53 | Long             | EC               | CORP              | US        |     29839 | NS      | $4049152.30   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| QuinStreet Inc                               | QuinStreet Inc                               | CUSIP: 74874Q100<br>LEI: 549300TP8MFBFPOS4Y78 | Long             | EC               | CORP              | US        |     76292 | NS      | $1228301.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Collegium Pharmaceutical Inc                 | Collegium Pharmaceutical Inc                 | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |    125915 | NS      | $3723306.55   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corp                               | Air Lease Corp                               | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |    449798 | NS      | $26308685.02  | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Lear Corp                                    | Lear Corp                                    | CUSIP: 521865204<br>LEI: 549300UPNBTXA1SYTQ33 | Long             | EC               | CORP              | US        |     40696 | NS      | $3865306.08   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Graphic Packaging Holding Co                 | Graphic Packaging Holding Co                 | CUSIP: 388689101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    178195 | NS      | $3754568.65   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Exponent Inc                                 | Exponent Inc                                 | CUSIP: 30214U102<br>LEI: 529900NY3F5Q2NWPUZ42 | Long             | EC               | CORP              | US        |     47422 | NS      | $3542897.62   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Tiptree Inc                                  | Tiptree Inc                                  | CUSIP: 88822Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    192049 | NS      | $4528515.42   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Modine Manufacturing Co                      | Modine Manufacturing Co                      | CUSIP: 607828100<br>LEI: Z35SZFYJR8GZZRSIUU09 | Long             | EC               | CORP              | US        |     64299 | NS      | $6333451.50   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Leonardo DRS Inc                             | Leonardo DRS Inc                             | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Long             | EC               | CORP              | US        |     25871 | NS      | $1202484.08   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Frontdoor Inc                                | Frontdoor Inc                                | CUSIP: 35905A109<br>LEI: 5493008RB0JZJI3QGZ06 | Long             | EC               | CORP              | US        |     59103 | NS      | $3483530.82   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Electric Holdings Inc                | Lincoln Electric Holdings Inc                | CUSIP: 533900106<br>LEI: BIMGBY40SIN95O01BN93 | Long             | EC               | CORP              | US        |     54999 | NS      | $11402392.68  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Victory Capital Holdings Inc                 | Victory Capital Holdings Inc                 | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               | CORP              | US        |     43000 | NS      | $2737810.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Tri Pointe Homes Inc                         | Tri Pointe Homes Inc                         | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    120489 | NS      | $3849623.55   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| GCM Grosvenor Inc                            | GCM Grosvenor Inc                            | CUSIP: 36831E108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    854408 | NS      | $9876956.48   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Coherent Corp                                | Coherent Corp                                | CUSIP: 19247G107<br>LEI: 549300O5C25A0MMHHU33 | Long             | EC               | CORP              | US        |     69138 | NS      | $6167800.98   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Asbury Automotive Group Inc                  | Asbury Automotive Group Inc                  | CUSIP: 043436104<br>LEI: 549300JH4DTA7U42GL91 | Long             | EC               | CORP              | US        |     47178 | NS      | $11253840.12  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| TrustCo Bank Corp NY                         | TrustCo Bank Corp NY                         | CUSIP: 898349204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    122551 | NS      | $4095654.42   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Allison Transmission Holdings Inc            | Allison Transmission Holdings Inc            | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     44084 | NS      | $4187539.16   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bankshares Inc               | First Financial Bankshares Inc               | CUSIP: 32020R109<br>LEI: 549300XN3GTGOENGNV49 | Long             | EC               | CORP              | US        |     62228 | NS      | $2238963.44   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Civitas Resources Inc                        | Civitas Resources Inc                        | CUSIP: 17888H103<br>LEI: IIVIHPH28S64K95M2381 | Long             | EC               | CORP              | US        |     88485 | NS      | $2435107.20   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics Inc                    | Halozyme Therapeutics Inc                    | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |     23770 | NS      | $1236515.40   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Vontier Corp                                 | Vontier Corp                                 | CUSIP: 928881101<br>LEI: 549300VVSQLG4P5K4639 | Long             | EC               | CORP              | US        |    487112 | NS      | $17974432.80  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Kadant Inc                                   | Kadant Inc                                   | CUSIP: 48282T104<br>LEI: 549300K06LNJYBMPYP15 | Long             | EC               | CORP              | US        |     35389 | NS      | $11234238.05  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group Inc                             | StoneX Group Inc                             | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |     39959 | NS      | $3641863.26   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennedy-Wilson Holdings Inc                  | Kennedy-Wilson Holdings Inc                  | CUSIP: 489398107<br>LEI: 549300MOI1T78144X610 | Long             | EC               | CORP              | US        |    712366 | NS      | $4844088.80   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorman Products Inc                          | Dorman Products Inc                          | CUSIP: 258278100<br>LEI: 2549000O0BBUX740XR59 | Long             | EC               | CORP              | US        |    126812 | NS      | $15556028.04  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Lindsay Corp                                 | Lindsay Corp                                 | CUSIP: 535555106<br>LEI: 549300ZFO0QG5H8TPI61 | Long             | EC               | CORP              | US        |     62639 | NS      | $9035675.75   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Knowles Corp                                 | Knowles Corp                                 | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |    206046 | NS      | $3630530.52   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Barrett Business Services Inc                | Barrett Business Services Inc                | CUSIP: 068463108<br>LEI: 529900HXB6TMG0SR9Y34 | Long             | EC               | CORP              | US        |     28445 | NS      | $1185872.05   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoe Carnival Inc                            | Shoe Carnival Inc                            | CUSIP: 824889109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    118115 | NS      | $2209931.65   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc of California Inc                       | Banc of California Inc                       | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |    225501 | NS      | $3168289.05   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| United States Lime & Minerals Inc            | United States Lime & Minerals Inc            | CUSIP: 911922102<br>LEI: 549300VGDEEG8RT7VC89 | Long             | EC               | CORP              | US        |     11724 | NS      | $1170055.20   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryder System Inc                             | Ryder System Inc                             | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |      4761 | NS      | $756999.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Distribution Solutions Group Inc             | Distribution Solutions Group Inc             | CUSIP: 520776105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    106672 | NS      | $2930279.84   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| IBEX Holdings Ltd                            | IBEX Holdings Ltd                            | CUSIP: 000000000<br>LEI: 5493000GRFLPVYU2CX17 | Long             | EC               | CORP              | BM        |    181452 | NS      | $5280253.20   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| I3 Verticals Inc                             | I3 Verticals Inc                             | CUSIP: 46571Y107<br>LEI: 549300944CYWVP06CJ97 | Long             | EC               | CORP              | US        |      8980 | NS      | $246770.40    | 0.01%             |  |  |  | No            |                  1 | On Loan: —       |
| Insperity Inc                                | Insperity Inc                                | CUSIP: 45778Q107<br>LEI: 5299000Q0KW7HY5DB751 | Long             | EC               | CORP              | US        |     82283 | NS      | $4946853.96   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa Inc                                   | Arcosa Inc                                   | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |    387654 | NS      | $33613478.34  | 1.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Houlihan Lokey Inc                           | Houlihan Lokey Inc                           | CUSIP: 441593100<br>LEI: 549300S3CNGTQ1QZVY46 | Long             | EC               | CORP              | US        |     18768 | NS      | $3377301.60   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Origin Bancorp Inc                           | Origin Bancorp Inc                           | CUSIP: 68621T102<br>LEI: 54930055DO2Z4KO3NB45 | Long             | EC               | CORP              | US        |    242816 | NS      | $8678243.84   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| International General Insurance Holdings Ltd | International General Insurance Holdings Ltd | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BM        |    712758 | NS      | $17120447.16  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| NVE Corp                                     | NVE Corp                                     | CUSIP: 629445206<br>LEI: 5299003C1ATTWX8X0112 | Long             | EC               | CORP              | US        |     25148 | NS      | $1851144.28   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| ORIC Pharmaceuticals Inc                     | ORIC Pharmaceuticals Inc                     | CUSIP: 68622P109<br>LEI: 54930033FJRNEYBW0L25 | Long             | EC               | CORP              | US        |     37509 | NS      | $380716.35    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Amphastar Pharmaceuticals Inc                | Amphastar Pharmaceuticals Inc                | CUSIP: 03209R103<br>LEI: 54930055TH0ZLSAQMJ38 | Long             | EC               | CORP              | US        |    152172 | NS      | $3493869.12   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams-Sonoma Inc                          | Williams-Sonoma Inc                          | CUSIP: 969904101<br>LEI: 549300IARG6YWVTZ1I92 | Long             | EC               | CORP              | US        |      5030 | NS      | $821751.10    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcus & Millichap Inc                       | Marcus & Millichap Inc                       | CUSIP: 566324109<br>LEI: 549300B2HE8ULXNB1N48 | Long             | EC               | CORP              | US        |    183172 | NS      | $5625212.12   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Saia Inc                                     | Saia Inc                                     | CUSIP: 78709Y105<br>LEI: 549300WNPG4N9GBOYB29 | Long             | EC               | CORP              | US        |      3267 | NS      | $895125.33    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| BankUnited Inc                               | BankUnited Inc                               | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |    155583 | NS      | $5537198.97   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Establishment Labs Holdings Inc              | Establishment Labs Holdings Inc              | CUSIP: 000000000<br>LEI: 549300BCBQ714JNJ7V58 | Long             | EC               | CORP              | VG        |     73292 | NS      | $3130301.32   | 0.18%             |  |  |  | No            |                  1 | On Loan: —       |
| Bloom Energy Corp                            | Bloom Energy Corp                            | CUSIP: 093712107<br>LEI: 549300XB5J9BFW5JXV97 | Long             | EC               | CORP              | US        |     69139 | NS      | $1653804.88   | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Insteel Industries Inc                       | Insteel Industries Inc                       | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |      4196 | NS      | $156133.16    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| W R Berkley Corp                             | W R Berkley Corp                             | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |    139956 | NS      | $10282567.32  | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Signet Jewelers Ltd                          | Signet Jewelers Ltd                          | CUSIP: 000000000<br>LEI: 549300N3XPGE91WV7M22 | Long             | EC               | CORP              | BM        |     63487 | NS      | $5050390.85   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultra Clean Holdings Inc                     | Ultra Clean Holdings Inc                     | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |     83762 | NS      | $1890508.34   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| BOK Financial Corp                           | BOK Financial Corp                           | CUSIP: 05561Q201<br>LEI: GRI2NT5QHYW751NMR949 | Long             | EC               | CORP              | US        |     40236 | NS      | $3928240.68   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| IMAX Corp                                    | IMAX Corp                                    | CUSIP: 45245E109<br>LEI: 5493002KS2T1Q0X7VZ21 | Long             | EC               | CORP              | CA        |    406039 | NS      | $11352850.44  | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| MYR Group Inc                                | MYR Group Inc                                | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |     20720 | NS      | $3759644.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Huntsman Corp                                | Huntsman Corp                                | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |     29150 | NS      | $303743.00    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| REV Group Inc                                | REV Group Inc                                | CUSIP: 749527107<br>LEI: 549300SRD0SIG5ZZ3X20 | Long             | EC               | CORP              | US        |     82071 | NS      | $3905758.89   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Simpson Manufacturing Co Inc                 | Simpson Manufacturing Co Inc                 | CUSIP: 829073105<br>LEI: 529900EJUNNL15LZ8056 | Long             | EC               | CORP              | US        |     45863 | NS      | $7122982.53   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| TransMedics Group Inc                        | TransMedics Group Inc                        | CUSIP: 89377M109<br>LEI: 549300060GVOSMWARH50 | Long             | EC               | CORP              | US        |    109460 | NS      | $14668734.60  | 0.85%             |  |  |  | No            |                  1 | On Loan: —       |
| EVI Industries Inc                           | EVI Industries Inc                           | CUSIP: 26929N102<br>LEI: 549300RU296J63VW0297 | Long             | EC               | CORP              | US        |    338570 | NS      | $7390983.10   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd                    | Axis Capital Holdings Ltd                    | CUSIP: 000000000<br>LEI: 635400VD2NQBYAHMEM55 | Long             | EC               | CORP              | BM        |     29792 | NS      | $3093005.44   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp                                 | Sanmina Corp                                 | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |     94762 | NS      | $9270566.46   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co                                 | SM Energy Co                                 | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |    141338 | NS      | $3492461.98   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Luna Innovations Inc                         | Luna Innovations Inc                         | CUSIP: 550351100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    655884 | NS      | $580457.34    | 0.03%             |  |  |  | No            |                  2 | On Loan: —       |
| Brunswick Corp/DE                            | Brunswick Corp/DE                            | CUSIP: 117043109<br>LEI: YM4O38W15AX4YLLQKU27 | Long             | EC               | CORP              | US        |     56827 | NS      | $3139123.48   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Crane NXT Co                                 | Crane NXT Co                                 | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |    118965 | NS      | $6412213.50   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Assured Guaranty Ltd                         | Assured Guaranty Ltd                         | CUSIP: 000000000<br>LEI: 549300BBOQUJEPH87M14 | Long             | EC               | CORP              | BM        |    294780 | NS      | $25675338.00  | 1.49%             |  |  |  | No            |                  1 | On Loan: No      |
| ePlus Inc                                    | ePlus Inc                                    | CUSIP: 294268107<br>LEI: 529900FFY8AAFJ21NE91 | Long             | EC               | CORP              | US        |     48695 | NS      | $3510909.50   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Rambus Inc                                   | Rambus Inc                                   | CUSIP: 750917106<br>LEI: 2549000211GDCQSLV833 | Long             | EC               | CORP              | US        |     29987 | NS      | $1919767.74   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Carlisle Cos Inc                             | Carlisle Cos Inc                             | CUSIP: 142339100<br>LEI: XR64VGX1ZPX6G7ZN7Z11 | Long             | EC               | CORP              | US        |      6777 | NS      | $2530531.80   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Timberland Bancorp Inc/WA                    | Timberland Bancorp Inc/WA                    | CUSIP: 887098101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    113887 | NS      | $3553274.40   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| RLI Corp                                     | RLI Corp                                     | CUSIP: 749607107<br>LEI: 529900AMTJE5ECN9PS55 | Long             | EC               | CORP              | US        |     84574 | NS      | $6107934.28   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| GeneDx Holdings Corp                         | GeneDx Holdings Corp                         | CUSIP: 81663L200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28964 | NS      | $2673666.84   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| NewMarket Corp                               | NewMarket Corp                               | CUSIP: 651587107<br>LEI: 54930082CG88ERDREQ47 | Long             | EC               | CORP              | US        |      6834 | NS      | $4721337.24   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp                                   | Kirby Corp                                   | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |    105960 | NS      | $12016923.60  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| ESCO Technologies Inc                        | ESCO Technologies Inc                        | CUSIP: 296315104<br>LEI: 5493007JJLP5MEWVDH10 | Long             | EC               | CORP              | US        |     49624 | NS      | $9521356.88   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Construction Partners Inc                    | Construction Partners Inc                    | CUSIP: 21044C107<br>LEI: 549300MHLFL4E8JLZU44 | Long             | EC               | CORP              | US        |    131429 | NS      | $13968274.12  | 0.81%             |  |  |  | No            |                  1 | On Loan: —       |
| Diebold Nixdorf Inc                          | Diebold Nixdorf Inc                          | CUSIP: 253651202<br>LEI: 549300XZK6EWDBAZSY16 | Long             | EC               | CORP              | US        |     93083 | NS      | $5156798.20   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SPX Technologies Inc                         | SPX Technologies Inc                         | CUSIP: 78473E103<br>LEI: P761FCI0CPOG24I8JE10 | Long             | EC               | CORP              | US        |      3325 | NS      | $557536.00    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| First Citizens BancShares Inc/NC             | First Citizens BancShares Inc/NC             | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |      3938 | NS      | $7704578.86   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| ADMA Biologics Inc                           | ADMA Biologics Inc                           | CUSIP: 000899104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    294796 | NS      | $5368235.16   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| German American Bancorp Inc                  | German American Bancorp Inc                  | CUSIP: 373865104<br>LEI: 5493002JDOI3GTNVUD76 | Long             | EC               | CORP              | US        |     53464 | NS      | $2058898.64   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Axcelis Technologies Inc                     | Axcelis Technologies Inc                     | CUSIP: 054540208<br>LEI: 529900HF9B6NL1QG9F05 | Long             | EC               | CORP              | US        |     44508 | NS      | $3101762.52   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| MSA Safety Inc                               | MSA Safety Inc                               | CUSIP: 553498106<br>LEI: 529900DVA3258XK11O39 | Long             | EC               | CORP              | US        |     10970 | NS      | $1837804.10   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Home BancShares Inc/AR                       | Home BancShares Inc/AR                       | CUSIP: 436893200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    196672 | NS      | $5597285.12   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Laboratories Inc                        | Core Laboratories Inc                        | CUSIP: 21867A105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     94701 | NS      | $1090955.52   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular Inc                                  | Popular Inc                                  | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |    137297 | NS      | $15131502.37  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Academy Sports & Outdoors Inc                | Academy Sports & Outdoors Inc                | CUSIP: 00402L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    243496 | NS      | $10911055.76  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Kyndryl Holdings Inc                         | Kyndryl Holdings Inc                         | CUSIP: 50155Q100<br>LEI: 549300LQ4LWX2R8ZV130 | Long             | EC               | CORP              | US        |    255631 | NS      | $10726276.76  | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin Covey Co                            | Franklin Covey Co                            | CUSIP: 353469109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    183971 | NS      | $4198218.22   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| E-L Financial Corp Ltd                       | E-L Financial Corp Ltd                       | CUSIP: 268575107<br>LEI: 5493008YS2NMV2UCI287 | Long             | EC               | CORP              | CA        |   2272700 | NS      | $26953629.52  | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Corp                                  | Graham Corp                                  | CUSIP: 384556106<br>LEI: 254900EI9P4LTY524J77 | Long             | EC               | CORP              | US        |    110717 | NS      | $5481598.67   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Innospec Inc                                 | Innospec Inc                                 | CUSIP: 45768S105<br>LEI: 213800SQBACNY5IWJO68 | Long             | EC               | CORP              | US        |    133146 | NS      | $11196247.14  | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Silgan Holdings Inc                          | Silgan Holdings Inc                          | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Long             | EC               | CORP              | US        |     58265 | NS      | $3156797.70   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Lazard Inc                                   | Lazard Inc                                   | CUSIP: 52110M109<br>LEI: 254900RIBCDJSUFG1A11 | Long             | EC               | CORP              | US        |    114425 | NS      | $5490111.50   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Major Drilling Group International Inc       | Major Drilling Group International Inc       | CUSIP: 560909103<br>LEI: 549300O1MNHCX2FUBC21 | Long             | EC               | CORP              | CA        |    281491 | NS      | $1831474.40   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| RB Global Inc                                | RB Global Inc                                | CUSIP: 74935Q107<br>LEI: 5493002H8U24DJXQ4886 | Long             | EC               | CORP              | CA        |     28600 | NS      | $3037034.00   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Rush Enterprises Inc                         | Rush Enterprises Inc                         | CUSIP: 781846209<br>LEI: 529900V3XHTN7A6DFT17 | Long             | EC               | CORP              | US        |     31674 | NS      | $1631527.74   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| International Game Technology PLC            | International Game Technology PLC            | CUSIP: 000000000<br>LEI: 549300UQ6KHRCZDRGZ76 | Long             | EC               | CORP              | GB        |    218068 | NS      | $3447655.08   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Masterbrand Inc                              | Masterbrand Inc                              | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |    194691 | NS      | $2127972.63   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Bel Fuse Inc                                 | Bel Fuse Inc                                 | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |     44021 | NS      | $4300411.49   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| FRP Holdings Inc                             | FRP Holdings Inc                             | CUSIP: 30292L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    170323 | NS      | $4579985.47   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CECO Environmental Corp                      | CECO Environmental Corp                      | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |     41402 | NS      | $1172090.62   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cognex Corp                                  | Cognex Corp                                  | CUSIP: 192422103<br>LEI: 549300JQTYZCLC43S226 | Long             | EC               | CORP              | US        |    273320 | NS      | $8669710.40   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse Inc                               | Littelfuse Inc                               | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |     42410 | NS      | $9615619.30   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Sterling Infrastructure Inc                  | Sterling Infrastructure Inc                  | CUSIP: 859241101<br>LEI: 549300RZIK6K1215XU51 | Long             | EC               | CORP              | US        |     39165 | NS      | $9036540.45   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Flex Ltd                                     | Flex Ltd                                     | CUSIP: 000000000<br>LEI: 549300EAQH74YHD07T53 | Long             | EC               | CORP              | SG        |     70420 | NS      | $3515366.40   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CareDx Inc                                   | CareDx Inc                                   | CUSIP: 14167L103<br>LEI: 549300NQOFKL9NON0U06 | Long             | EC               | CORP              | US        |     33770 | NS      | $659865.80    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Bridgebio Pharma Inc                         | Bridgebio Pharma Inc                         | CUSIP: 10806X102<br>LEI: 54930028YG89VTY2J114 | Long             | EC               | CORP              | US        |    104260 | NS      | $4501946.80   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Perella Weinberg Partners                    | Perella Weinberg Partners                    | CUSIP: 71367G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51717 | NS      | $1004344.14   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Teekay Tankers Ltd                           | Teekay Tankers Ltd                           | CUSIP: 000000000<br>LEI: 549300DE8ZAIYS2T6Q22 | Long             | EC               | CORP              | BM        |     92850 | NS      | $3873702.00   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Merchants Bancorp/IN                         | Merchants Bancorp/IN                         | CUSIP: 58844R108<br>LEI: 54930008Y0GPVLF81889 | Long             | EC               | CORP              | US        |    149847 | NS      | $4955440.29   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| FormFactor Inc                               | FormFactor Inc                               | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |    190321 | NS      | $6548945.61   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Korn Ferry                                   | Korn Ferry                                   | CUSIP: 500643200<br>LEI: 549300FOD20OM0GT5G40 | Long             | EC               | CORP              | US        |     81794 | NS      | $5997954.02   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Envista Holdings Corp                        | Envista Holdings Corp                        | CUSIP: 29415F104<br>LEI: 549300BX623VURJZ5269 | Long             | EC               | CORP              | US        |    201595 | NS      | $3939166.30   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Genco Shipping & Trading Ltd                 | Genco Shipping & Trading Ltd                 | CUSIP: 000000000<br>LEI: 5493003MBZ5GU8QHXZ58 | Long             | EC               | CORP              | MH        |    271377 | NS      | $3546897.39   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Kymera Therapeutics Inc                      | Kymera Therapeutics Inc                      | CUSIP: 501575104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15855 | NS      | $691912.20    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Photronics Inc                               | Photronics Inc                               | CUSIP: 719405102<br>LEI: 549300OK5JVNIBNY6F63 | Long             | EC               | CORP              | US        |    130787 | NS      | $2462719.21   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyward Specialty Insurance Group Inc        | Skyward Specialty Insurance Group Inc        | CUSIP: 830940102<br>LEI: 549300GXGXJG0YH4VN21 | Long             | EC               | CORP              | US        |     44907 | NS      | $2595175.53   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Agilysys Inc                                 | Agilysys Inc                                 | CUSIP: 00847J105<br>LEI: 5299001XWB5V3B5IPN93 | Long             | EC               | CORP              | US        |     94589 | NS      | $10843682.96  | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Helios Technologies Inc                      | Helios Technologies Inc                      | CUSIP: 42328H109<br>LEI: 5493000BCJSMIDRNTI78 | Long             | EC               | CORP              | US        |     54852 | NS      | $1830411.24   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| YETI Holdings Inc                            | YETI Holdings Inc                            | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |    178098 | NS      | $5613648.96   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Chord Energy Corp                            | Chord Energy Corp                            | CUSIP: 674215207<br>LEI: 529900FA4V2YNIKZ0M71 | Long             | EC               | CORP              | US        |     40332 | NS      | $3906154.20   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| nLight Inc                                   | nLight Inc                                   | CUSIP: 65487K100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    300093 | NS      | $5905830.24   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Bio-Techne Corp                              | Bio-Techne Corp                              | CUSIP: 09073M104<br>LEI: 54930073RLKQ51TILZ35 | Long             | EC               | CORP              | US        |    123127 | NS      | $6334884.15   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Transcat Inc                                 | Transcat Inc                                 | CUSIP: 893529107<br>LEI: 54930081E40TSSHUOS40 | Long             | EC               | CORP              | US        |    141562 | NS      | $12168669.52  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Molina Healthcare Inc                        | Molina Healthcare Inc                        | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |     13654 | NS      | $4067526.60   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Bath & Body Works Inc                        | Bath & Body Works Inc                        | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |    101090 | NS      | $3028656.40   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ArcBest Corp                                 | ArcBest Corp                                 | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |     56238 | NS      | $4330888.38   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP Industries Inc                           | UFP Industries Inc                           | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |    105487 | NS      | $10481188.32  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichor Holdings Ltd                           | Ichor Holdings Ltd                           | CUSIP: 000000000<br>LEI: 529900PS8R2JVLJ2H892 | Long             | EC               | CORP              | KY        |     32298 | NS      | $634332.72    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| LCI Industries                               | LCI Industries                               | CUSIP: 50189K103<br>LEI: 549300E1B98YNJ1WIQ04 | Long             | EC               | CORP              | US        |    103820 | NS      | $9467345.80   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Esab Corp                                    | Esab Corp                                    | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |    137546 | NS      | $16581170.30  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Landstar System Inc                          | Landstar System Inc                          | CUSIP: 515098101<br>LEI: 254900CUQXQRL09MEI52 | Long             | EC               | CORP              | US        |     42091 | NS      | $5851490.82   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| J Jill Inc                                   | J Jill Inc                                   | CUSIP: 46620W201<br>LEI: 529900I19PJIF8MIDL12 | Long             | EC               | CORP              | US        |    245250 | NS      | $3590460.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries Inc                       | Mueller Industries Inc                       | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |      4508 | NS      | $358250.76    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fixed Income Clearing Corp                   | FIXED INC CLEARING CORP.REPO                 | CUSIP: 000000000<br>LEI: 549300H47WTHXPU08X20 | Long             | RA               | CORP              | US        |  40811734 | PA      | $40811733.84  | 2.37%             |  |  |  | No            |                  2 | On Loan: No      |
| Advance Auto Parts Inc                       | Advance Auto Parts Inc                       | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |    202685 | NS      | $9422825.65   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| LKQ Corp                                     | LKQ Corp                                     | CUSIP: 501889208<br>LEI: DS830JTTZQN6GK0I2E41 | Long             | EC               | CORP              | US        |     16008 | NS      | $592456.08    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Inc                                      | MKS Inc                                      | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |    136276 | NS      | $13540383.36  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Impinj Inc                                   | Impinj Inc                                   | CUSIP: 453204109<br>LEI: 549300M26VGKSMMWWN17 | Long             | EC               | CORP              | US        |     49151 | NS      | $5459201.57   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Insmed Inc                                   | Insmed Inc                                   | CUSIP: 457669307<br>LEI: 529900Q55QAG41CCAC11 | Long             | EC               | CORP              | US        |     41448 | NS      | $4171326.72   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Computer Modelling Group Ltd                 | Computer Modelling Group Ltd                 | CUSIP: 205249105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |   2339433 | NS      | $12386496.74  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcutis Biotherapeutics Inc                  | Arcutis Biotherapeutics Inc                  | CUSIP: 03969K108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    175087 | NS      | $2454719.74   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PulteGroup Inc                               | PulteGroup Inc                               | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30743 | NS      | $3242156.78   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Moog Inc                                     | Moog Inc                                     | CUSIP: 615394202<br>LEI: 549300WM2I4U7OBAHG07 | Long             | EC               | CORP              | US        |      9778 | NS      | $1769524.66   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Coastal Financial Corp/WA                    | Coastal Financial Corp/WA                    | CUSIP: 19046P209<br>LEI: 549300XG5L36T6IU0B47 | Long             | EC               | CORP              | US        |     24907 | NS      | $2412741.09   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Azenta Inc                                   | Azenta Inc                                   | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |    122710 | NS      | $3777013.80   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Stella-Jones Inc                             | Stella-Jones Inc                             | CUSIP: 85853F105<br>LEI: 5493007LOVNNLYJ6KZ35 | Long             | EC               | CORP              | CA        |    245420 | NS      | $14145779.92  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Quaker Chemical Corp                         | Quaker Chemical Corp                         | CUSIP: 747316107<br>LEI: 549300PJQ1R3WCWCPS54 | Long             | EC               | CORP              | US        |     93422 | NS      | $10457658.68  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| CBIZ Inc                                     | CBIZ Inc                                     | CUSIP: 124805102<br>LEI: 529900D5X8CFM8O1N813 | Long             | EC               | CORP              | US        |     91807 | NS      | $6583479.97   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Federated Government Obligations Fund        | Federated Government Obligations Fund        | CUSIP: 60934N807<br>LEI: 254900VAJ9169N7JRF45 | Long             | STIV             | RF                | US        |  11080900 | NS      | $11080900.00  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Precision Group Inc                   | Vishay Precision Group Inc                   | CUSIP: 92835K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14508 | NS      | $407674.80    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions Inc      | Kratos Defense & Security Solutions Inc      | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |    110389 | NS      | $5127569.05   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Richelieu Hardware Ltd                       | Richelieu Hardware Ltd                       | CUSIP: 76329W103<br>LEI: 5493007VPNETW465DN04 | Long             | EC               | CORP              | CA        |    273462 | NS      | $7347879.26   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Hackett Group Inc/The                        | Hackett Group Inc/The                        | CUSIP: 404609109<br>LEI: 5K016KLIRB6156644289 | Long             | EC               | CORP              | US        |    228248 | NS      | $5802064.16   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Weatherford International PLC                | Weatherford International PLC                | CUSIP: 000000000<br>LEI: 529900LPBDSCQDJKHQ39 | Long             | EC               | CORP              | IE        |     39832 | NS      | $2003947.92   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Ethan Allen Interiors Inc                    | Ethan Allen Interiors Inc                    | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    131675 | NS      | $3667148.75   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co Inc                 | MSC Industrial Direct Co Inc                 | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |     60327 | NS      | $5129001.54   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| SiTime Corp                                  | SiTime Corp                                  | CUSIP: 82982T106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13116 | NS      | $2794757.28   | 0.16%             |  |  |  | No            |                  1 | On Loan: —       |
| Onex Corp                                    | Onex Corp                                    | CUSIP: 68272K103<br>LEI: 894500LB8PNE5C7CEN88 | Long             | EC               | CORP              | CA        |    164237 | NS      | $13520079.09  | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Liquidity Services Inc                       | Liquidity Services Inc                       | CUSIP: 53635B107<br>LEI: 5299002AZ4ULSAXN0G81 | Long             | EC               | CORP              | US        |     59875 | NS      | $1412451.25   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co                         | Matador Resources Co                         | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |     78447 | NS      | $3743490.84   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| International Money Express Inc              | International Money Express Inc              | CUSIP: 46005L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    353442 | NS      | $3566229.78   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co                         | Commercial Metals Co                         | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |     45606 | NS      | $2230589.46   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Certara Inc                                  | Certara Inc                                  | CUSIP: 15687V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19437 | NS      | $227412.90    | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International Inc                       | Digi International Inc                       | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |    258206 | NS      | $9001061.16   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Minerals Technologies Inc                    | Minerals Technologies Inc                    | CUSIP: 603158106<br>LEI: 549300D3I1QU67GP6403 | Long             | EC               | CORP              | US        |    154907 | NS      | $8530728.49   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Haemonetics Corp                             | Haemonetics Corp                             | CUSIP: 405024100<br>LEI: 549300ZEL6TXZS6F5F95 | Long             | EC               | CORP              | US        |    334149 | NS      | $24930856.89  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| NWPX Infrastructure Inc                      | NWPX Infrastructure Inc                      | CUSIP: 667746101<br>LEI: 54930056VW2CRCZ9RE54 | Long             | EC               | CORP              | US        |     35856 | NS      | $1470454.56   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA Inc                                    | TEGNA Inc                                    | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |    242672 | NS      | $4067182.72   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| UniFirst Corp/MA                             | UniFirst Corp/MA                             | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |     11072 | NS      | $2083971.84   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Interface Inc                                | Interface Inc                                | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |    176812 | NS      | $3700675.16   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Builders FirstSource Inc                     | Builders FirstSource Inc                     | CUSIP: 12008R107<br>LEI: 549300W0SKP6L3H7DP63 | Long             | EC               | CORP              | US        |     82073 | NS      | $9577098.37   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Services Group Inc                | Healthcare Services Group Inc                | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |    504149 | NS      | $7577359.47   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corp                                  | Enovis Corp                                  | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |    415603 | NS      | $13033310.08  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Redwire Corp                                 | Redwire Corp                                 | CUSIP: 75776W103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    139360 | NS      | $2271568.00   | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| JBT Marel Corp                               | JBT Marel Corp                               | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |    126271 | NS      | $15185350.46  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Stevanato Group SpA                          | Stevanato Group SpA                          | CUSIP: 000000000<br>LEI: 81560033F7E1CD477507 | Long             | EC               | CORP              | IT        |    116114 | NS      | $2836665.02   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Aspen Aerogels Inc                           | Aspen Aerogels Inc                           | CUSIP: 04523Y105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    115730 | NS      | $685121.60    | 0.04%             |  |  |  | No            |                  1 | On Loan: —       |
| Metropolitan Bank Holding Corp               | Metropolitan Bank Holding Corp               | CUSIP: 591774104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     51938 | NS      | $3635660.00   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Brady Corp                                   | Brady Corp                                   | CUSIP: 104674106<br>LEI: 549300G2LEQOFQC8GY34 | Long             | EC               | CORP              | US        |     94913 | NS      | $6451236.61   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Limbach Holdings Inc                         | Limbach Holdings Inc                         | CUSIP: 53263P105<br>LEI: 254900EW8KXT5ZTWQI30 | Long             | EC               | CORP              | US        |     32682 | NS      | $4578748.20   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Alamos Gold Inc                              | Alamos Gold Inc                              | CUSIP: 011532108<br>LEI: 894500GIHFJZW7YS9660 | Long             | EC               | CORP              | CA        |    589328 | NS      | $15675021.23  | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Visteon Corp                                 | Visteon Corp                                 | CUSIP: 92839U206<br>LEI: 549300MOVLYHRW4GGW78 | Long             | EC               | CORP              | US        |     92524 | NS      | $8632489.20   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Installed Building Products Inc              | Installed Building Products Inc              | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |     58160 | NS      | $10487411.20  | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Enact Holdings Inc                           | Enact Holdings Inc                           | CUSIP: 29249E109<br>LEI: 9845003CA5664B741N19 | Long             | EC               | CORP              | US        |    111669 | NS      | $4148503.35   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Aviation Ltd                            | FTAI Aviation Ltd                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     17906 | NS      | $2059906.24   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Soleno Therapeutics Inc                      | Soleno Therapeutics Inc                      | CUSIP: 834203309<br>LEI: 5493003LCY77N7FXK844 | Long             | EC               | CORP              | US        |     46008 | NS      | $3854550.24   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Metsera Inc                                  | Metsera Inc                                  | CUSIP: 59267L107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    154516 | NS      | $4395980.20   | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| FirstService Corp                            | FirstService Corp                            | CUSIP: 33767E202<br>LEI: 5493000XUDIV75BCF118 | Long             | EC               | CORP              | CA        |     24813 | NS      | $4332846.06   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Sapiens International Corp NV                | Sapiens International Corp NV                | CUSIP: 000000000<br>LEI: 2549009P4ZS02GC5QV68 | Long             | EC               | CORP              | KY        |    160886 | NS      | $4705915.50   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Elanco Animal Health Inc                     | Elanco Animal Health Inc                     | CUSIP: 28414H103<br>LEI: 549300SHPNDCE059M934 | Long             | EC               | CORP              | US        |    228045 | NS      | $3256482.60   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Valmont Industries Inc                       | Valmont Industries Inc                       | CUSIP: 920253101<br>LEI: 5493009ZGZJJ8F77JN08 | Long             | EC               | CORP              | US        |     36212 | NS      | $11825752.84  | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| PACS Group Inc                               | PACS Group Inc                               | CUSIP: 69380Q107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    149878 | NS      | $1936423.76   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGA Technologies Inc                        | SIGA Technologies Inc                        | CUSIP: 826917106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    357096 | NS      | $2328265.92   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| PTC Therapeutics Inc                         | PTC Therapeutics Inc                         | CUSIP: 69366J200<br>LEI: 549300UJLWOIWFDGB318 | Long             | EC               | CORP              | US        |     22800 | NS      | $1113552.00   | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Morningstar Inc                              | Morningstar Inc                              | CUSIP: 617700109<br>LEI: 529900YGNQPOVAXQ7F29 | Long             | EC               | CORP              | US        |     35006 | NS      | $10989433.58  | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| CNB Financial Corp/PA                        | CNB Financial Corp/PA                        | CUSIP: 126128107<br>LEI: 254900RUYUOKD91VNX69 | Long             | EC               | CORP              | US        |    160709 | NS      | $3673807.74   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Atkore Inc                                   | Atkore Inc                                   | CUSIP: 047649108<br>LEI: 52990002TI38AM4RPV48 | Long             | EC               | CORP              | US        |     39230 | NS      | $2767676.50   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Caleres Inc                                  | Caleres Inc                                  | CUSIP: 129500104<br>LEI: JFU6RQQJ8Z1CPOLBXQ18 | Long             | EC               | CORP              | US        |    159568 | NS      | $1949920.96   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| AAON Inc                                     | AAON Inc                                     | CUSIP: 000360206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    102128 | NS      | $7531940.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes Inc                                | M/I Homes Inc                                | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |     85820 | NS      | $9622138.40   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of NT Butterfield & Son Ltd/The         | Bank of NT Butterfield & Son Ltd/The         | CUSIP: 000000000<br>LEI: 549300V8RVM0EMTDPF28 | Long             | EC               | CORP              | BM        |    188155 | NS      | $8331503.40   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprott Inc                                   | Sprott Inc                                   | CUSIP: 852066208<br>LEI: 254900QHJAD5TP2JNM15 | Long             | EC               | CORP              | CA        |    209337 | NS      | $14470271.20  | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Reliance Inc                                 | Reliance Inc                                 | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |     14973 | NS      | $4700024.70   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Onto Innovation Inc                          | Onto Innovation Inc                          | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |     84394 | NS      | $8517886.42   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingevity Corp                                | Ingevity Corp                                | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |    231100 | NS      | $9958099.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Argan Inc                                    | Argan Inc                                    | CUSIP: 04010E109<br>LEI: 529900E4KZWBV9KGBS83 | Long             | EC               | CORP              | US        |     16362 | NS      | $3607493.76   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Element Solutions Inc                        | Element Solutions Inc                        | CUSIP: 28618M106<br>LEI: 549300FLGN6P5CU20J91 | Long             | EC               | CORP              | US        |   1100159 | NS      | $24918601.35  | 1.45%             |  |  |  | No            |                  1 | On Loan: No      |
| PAR Technology Corp                          | PAR Technology Corp                          | CUSIP: 698884103<br>LEI: 549300HYPTHBJQINVG57 | Long             | EC               | CORP              | US        |    343758 | NS      | $23846492.46  | 1.38%             |  |  |  | No            |                  1 | On Loan: No      |
| RenaissanceRe Holdings Ltd                   | RenaissanceRe Holdings Ltd                   | CUSIP: 000000000<br>LEI: EK6GB9U3U58PDI411C94 | Long             | EC               | CORP              | BM        |     27482 | NS      | $6675377.80   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Forrester Research Inc                       | Forrester Research Inc                       | CUSIP: 346563109<br>LEI: 549300UUSFXYLJ80Z897 | Long             | EC               | CORP              | US        |    251933 | NS      | $2494136.70   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| SEI Investments Co                           | SEI Investments Co                           | CUSIP: 784117103<br>LEI: 5LJTIFADGZ6XH1RVOC11 | Long             | EC               | CORP              | US        |    308308 | NS      | $27704556.88  | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Timken Co/The                                | Timken Co/The                                | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |     73865 | NS      | $5358905.75   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Karman Holdings Inc                          | Karman Holdings Inc                          | CUSIP: 485924104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    111200 | NS      | $5601144.00   | 0.33%             |  |  |  | No            |                  1 | On Loan: —       |

### Signature

**Date Signed:** 2025-07-15

**Name of Applicant:** ROYCE FUND

**Signature:** John Schwartz

**Name of Signer:** John Schwartz

**Title:** Associate General Counsel