# EDGAR Filing Document

**Accession Number:** 0001420040
**File Stem:** 0000910472-26-009754
**Filing Date:** 2026-6
**Character Count:** 69968
**Document Hash:** 236095730307049d37c54ab59ac1e744
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000910472-26-009754.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0000910472-26-009754

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Dunham Funds
- **CENTRAL INDEX KEY:** 0001420040

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22153
- **FILM NUMBER:** 261122170

**BUSINESS ADDRESS:**
- **STREET 1:** 6256 GREENWICH DRIVE
- **STREET 2:** SUITE 550
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92122
- **BUSINESS PHONE:** 858-964-0500

**MAIL ADDRESS:**
- **STREET 1:** 6256 GREENWICH DRIVE
- **STREET 2:** SUITE 550
- **CITY:** SAN DIEGO
- **STATE:** CA
- **ZIP:** 92122

## Series and Classes Contracts Data

### Dunham Small Cap Value Fund (Series ID: S000020974)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000059517 | Dunham Small Cap Value Fund Class A | DASVX           |
| C000059518 | Dunham Small Cap Value Fund Class C | DCSVX           |
| C000059519 | Dunham Small Cap Value Fund Class N | DNSVX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Dunham Funds

- **b. Investment Company Act file number:** 811-22153

- **c. CIK number of Registrant:** 0001420040

- **d. LEI of Registrant:** 549300FI2C3SP4YCHL80

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

  - **Street Address 1:** 6256 Greenwich Dr

  - **City:** SAN DIEGO

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92122

  - **Telephone number:** 858-964-0500

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

- **a. Name of Series:** Dunham Small Cap Value Fund

- **b. EDGAR series identifier (if any):** S000020974

- **c. LEI of Series:** 549300FUKK5THH5JHD83

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $94751688.61

**Total Liabilities:** $314643.82

**Net Assets:** $94437044.79

**Cash Not Reported:** $24508.11

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000059519 | 3.46%                | -4.98%               | 10.24%               |
| Class ID C000059518 | 3.32%                | -5.02%               | 10.16%               |
| Class ID C000059517 | 3.43%                | -5.00%               | 10.27%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2025202.68              | $1139062.22                                |
| Month 2  | $473916.90               | $-5443488.99                               |
| Month 3  | $465058.18               | $8412872.01                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| ULTRA CLEAN HOLDINGS INC                 | ULTRA CLEAN HOLD                     | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |     12936 | NS      | $1010948.40   | 1.07%             |  |  |  | No            | 1                  | On Loan: No      |
| RXO INC                                  | RXO INC                              | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Long             | EC               | CORP              | US        |     34393 | NS      | $686828.21    | 0.73%             |  |  |  | No            | 1                  | On Loan: —       |
| FIRSTCASH HOLDINGS INC                   | FIRSTCASH HOLDIN                     | CUSIP: 33768G107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       531 | NS      | $115874.82    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| NWPX INFRASTRUCTURE INC                  | NWPX INFRASTRUCT                     | CUSIP: 667746101<br>LEI: 54930056VW2CRCZ9RE54 | Long             | EC               | CORP              | US        |      2774 | NS      | $272795.16    | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| ORION GROUP HOLDINGS INC                 | ORION GROUP HOLD                     | CUSIP: 68628V308<br>LEI: 549300KBVXPV9Q3CT222 | Long             | EC               | CORP              | US        |      8236 | NS      | $112174.32    | 0.12%             |  |  |  | No            | 1                  | On Loan: No      |
| CNO FINANCIAL GROUP INC                  | CNO FINANCIAL GR                     | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |     14699 | NS      | $653370.55    | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| EXPRO GROUP HOLDINGS NV                  | EXPRO GROUP HOLD                     | CUSIP: N3144W105<br>LEI: 724500LJYA8QIT73H017 | Long             | EC               | CORP              | NL        |     14337 | NS      | $261076.77    | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| TEEKAY TANKERS LTD                       | TEEKAY TANK-CL A                     | CUSIP: G8726X106<br>LEI: 549300DE8ZAIYS2T6Q22 | Long             | EC               | CORP              | BM        |      6161 | NS      | $483946.55    | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| CONSTELLIUM SE                           | CONSTELLIUM SE                       | CUSIP: F21107101<br>LEI: 724500KRJEMC79KAAU28 | Long             | EC               | CORP              | FR        |      6563 | NS      | $205290.64    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| MESA LABORATORIES INC                    | MESA LABS                            | CUSIP: 59064R109<br>LEI: 549300ZCG738WLX8ZW79 | Long             | EC               | CORP              | US        |      6514 | NS      | $651400.00    | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| SONOCO PRODUCTS COMPANY                  | SONOCO PRODUCTS                      | CUSIP: 835495102<br>LEI: GKOMIK4RDJGHEF0VNP11 | Long             | EC               | CORP              | US        |      5505 | NS      | $275029.80    | 0.29%             |  |  |  | No            | 1                  | On Loan: —       |
| STAR BULK CARRIERS CORP                  | STAR BULK CARRIE                     | CUSIP: Y8162K204<br>LEI: 549300SO3FMK7H6DDY54 | Long             | EC               | CORP              | MH        |     25324 | NS      | $636392.12    | 0.67%             |  |  |  | No            | 1                  | On Loan: No      |
| COMPASS DIVERSIFIED HOLDINGS             | COMPASS DIVERSIF                     | CUSIP: 20451Q104<br>LEI: 5299001SM1LBYANJRR58 | Long             | EC               | CORP              | US        |     31800 | NS      | $375558.00    | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| BRIXMOR PROPERTY GROUP INC               | BRIXMOR PROPERTY                     | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |     21637 | NS      | $651057.33    | 0.69%             |  |  |  | No            | 1                  | On Loan: No      |
| CENTURY COMMUNITIES INC                  | CENTURY COMMUNIT                     | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |      5368 | NS      | $300715.36    | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| LIBERTY ENERGY INC                       | LIBERTY ENERGY I                     | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18040 | NS      | $609571.60    | 0.65%             |  |  |  | No            | 1                  | On Loan: —       |
| PORCH GROUP INC                          | PORCH GROUP INC                      | CUSIP: 733245104<br>LEI: 549300NXEI7CVW8IXQ90 | Long             | EC               | CORP              | US        |     30213 | NS      | $290951.19    | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| COPA HOLDINGS SA                         | COPA HOLDIN-CL A                     | CUSIP: P31076105<br>LEI: 529900BB9UQJV6QQHA59 | Long             | EC               | CORP              | PA        |      1812 | NS      | $209612.16    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| KNIGHT-SWIFT TRANSPORTATION HOLDINGS INC | KNIGHT-SWIFT TRA                     | CUSIP: 499049104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7683 | NS      | $498626.70    | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| STEWART INFORMATION SERVICES CORP        | STEWART INFO SVC                     | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |      4175 | NS      | $292208.25    | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| BROADSTONE NET LEASE INC                 | BROADSTONE NET                       | CUSIP: 11135E203<br>LEI: 549300U8D7PT70B49V21 | Long             | EC               | CORP              | US        |     33035 | NS      | $654093.00    | 0.69%             |  |  |  | No            | 1                  | On Loan: —       |
| BRILLIANT EARTH GROUP INC                | BRILLIANT EARTH                      | CUSIP: 109504100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     67623 | NS      | $100758.27    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| DIODES INC                               | DIODES INC                           | CUSIP: 254543101<br>LEI: 549300XP2X1ARVH3BX23 | Long             | EC               | CORP              | US        |      3283 | NS      | $351773.45    | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| HILLMAN SOLUTIONS CORP                   | HILLMAN SOLUTION                     | CUSIP: 431636109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46566 | NS      | $379978.56    | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| LOUISIANA PACIFIC CORP                   | LOUISIANA-PACIFI                     | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |      5979 | NS      | $431624.01    | 0.46%             |  |  |  | No            | 1                  | On Loan: —       |
| BOWHEAD SPECIALTY HOLDINGS INC           | BOWHEAD SPECIALT                     | CUSIP: 10240L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24041 | NS      | $571694.98    | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| TELEFLEX INC                             | TELEFLEX INC                         | CUSIP: 879369106<br>LEI: UUL85LWXB4NGSWWXIQ25 | Long             | EC               | CORP              | US        |      1784 | NS      | $221055.44    | 0.23%             |  |  |  | No            | 1                  | On Loan: No      |
| ARCOSA INC                               | ARCOSA INC                           | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |      3845 | NS      | $486277.15    | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| PORTLAND GENERAL ELECTRIC COMPANY        | PORTLAND GENERAL                     | CUSIP: 736508847<br>LEI: GJOUP9M7C39GLSK9R870 | Long             | EC               | CORP              | US        |      9570 | NS      | $496970.10    | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| PROSPERITY BANCSHARES INC                | PROSPERITY BNCSH                     | CUSIP: 743606105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7674 | NS      | $534494.10    | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| HORIZON BANCORP INC                      | HORIZON BANCORP                      | CUSIP: 440407104<br>LEI: 549300U2OQ2EIT5MXG39 | Long             | EC               | CORP              | US        |     27141 | NS      | $491252.10    | 0.52%             |  |  |  | No            | 1                  | On Loan: —       |
| BOWMAN CONSULTING GROUP LTD              | BOWMAN CONSULTIN                     | CUSIP: 103002101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26650 | NS      | $841074.00    | 0.89%             |  |  |  | No            | 1                  | On Loan: No      |
| MYR GROUP INC                            | MYR GROUP INC/DE                     | CUSIP: 55405W104<br>LEI: 529900G1IMMZHOQ17I54 | Long             | EC               | CORP              | US        |      1892 | NS      | $765900.52    | 0.81%             |  |  |  | No            | 1                  | On Loan: No      |
| COMMERCIAL METALS COMPANY                | COMMERCIAL METAL                     | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |      7412 | NS      | $511131.52    | 0.54%             |  |  |  | No            | 1                  | On Loan: —       |
| FOX FACTORY HOLDING CORP                 | FOX FACTORY HOLD                     | CUSIP: 35138V102<br>LEI: 529900GE1HSV0617R721 | Long             | EC               | CORP              | US        |      8464 | NS      | $150236.00    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| WESBANCO INC                             | WESBANCO INC                         | CUSIP: 950810101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24679 | NS      | $848464.02    | 0.90%             |  |  |  | No            | 1                  | On Loan: No      |
| ADT INC                                  | ADT INC                              | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     73592 | NS      | $554147.76    | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| UPLAND SOFTWARE INC                      | UPLAND SOFTWARE                      | CUSIP: 91544A109<br>LEI: 549300NS277POYJ63W89 | Long             | EC               | CORP              | US        |     43091 | NS      | $26931.88     | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| AMN HEALTHCARE SERVICES INC              | AMN HEALTHCARE                       | CUSIP: 001744101<br>LEI: 529900W3ARRTCNFH2I39 | Long             | EC               | CORP              | US        |     29943 | NS      | $612933.21    | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| ARDMORE SHIPPING CORP                    | ARDMORE SHIPPING                     | CUSIP: Y0207T100<br>LEI: 549300J8HD7K6BHD8O28 | Long             | EC               | CORP              | MH        |     46287 | NS      | $820205.64    | 0.87%             |  |  |  | No            | 1                  | On Loan: —       |
| CYTEK BIOSCIENCES INC                    | CYTEK BIOSCIENCE                     | CUSIP: 23285D109<br>LEI: 549300K2J28BOC6FBO89 | Long             | EC               | CORP              | US        |    118817 | NS      | $541805.52    | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| CRANE NXT COMPANY                        | CRANE NXT CO                         | CUSIP: 224441105<br>LEI: 549300EXNPSXEWUD3N21 | Long             | EC               | CORP              | US        |     12214 | NS      | $545721.52    | 0.58%             |  |  |  | No            | 1                  | On Loan: —       |
| NATIONAL BANK HOLDINGS CORP              | NATIONAL-CL A                        | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17062 | NS      | $728547.40    | 0.77%             |  |  |  | No            | 1                  | On Loan: No      |
| TUTOR PERINI CORP                        | TUTOR PERINI COR                     | CUSIP: 901109108<br>LEI: 549300FHXYVPW8LJ6D98 | Long             | EC               | CORP              | US        |      4871 | NS      | $452613.32    | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| OFG BANCORP                              | OFG BANCORP                          | CUSIP: 67103X102<br>LEI: 549300Q4QEXJ37LEXQ06 | Long             | EC               | CORP              | PR        |      5729 | NS      | $263304.84    | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| VTEX                                     | VTEX -CLASS A                        | CUSIP: G9470A102<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    184213 | NS      | $692640.88    | 0.73%             |  |  |  | No            | 1                  | On Loan: —       |
| HANOVER INSURANCE GROUP INC (THE)        | HANOVER INSURANC                     | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |      1962 | NS      | $368247.78    | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| TETRA TECHNOLOGIES INC                   | TETRA TECHNOLOGI                     | CUSIP: 88162F105<br>LEI: 549300T5W131705EK832 | Long             | EC               | CORP              | US        |     62572 | NS      | $595685.44    | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| MATRIX SERVICE COMPANY                   | MATRIX SERVICE                       | CUSIP: 576853105<br>LEI: 529900VYBKSX6HD2YW58 | Long             | EC               | CORP              | US        |     44366 | NS      | $599828.32    | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| ALGOMA STEEL GROUP INC                   | ALGOMA STEEL GRO                     | CUSIP: 015658107<br>LEI: 549300Q5EU337A1XCX27 | Long             | EC               | CORP              | CA        |     85768 | NS      | $400536.56    | 0.42%             |  |  |  | No            | 1                  | On Loan: No      |
| KBR INC                                  | KBR INC                              | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |      5327 | NS      | $199709.23    | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| ATLAS ENERGY SOLUTIONS INC               | ATLAS ENERGY SOL                     | CUSIP: 642045108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23516 | NS      | $408708.08    | 0.43%             |  |  |  | No            | 1                  | On Loan: —       |
| RED VIOLET INC                           | RED VIOLET INC                       | CUSIP: 75704L104<br>LEI: 549300T4EGADG881UU63 | Long             | EC               | CORP              | US        |      2896 | NS      | $108397.28    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| FRONTIER GROUP HOLDINGS INC              | FRONTIER GROUP H                     | CUSIP: 35909R108<br>LEI: 549300DT3Y2BHO6G7T02 | Long             | EC               | CORP              | US        |    159742 | NS      | $579863.46    | 0.61%             |  |  |  | No            | 1                  | On Loan: —       |
| POST HOLDINGS INC                        | POST HOLDINGS IN                     | CUSIP: 737446104<br>LEI: JM1I5YUAURL6DC8N1468 | Long             | EC               | CORP              | US        |      2999 | NS      | $314145.25    | 0.33%             |  |  |  | No            | 1                  | On Loan: —       |
| REAL BROKERAGE INC (THE)                 | REAL BROKERAGE I                     | CUSIP: 75585H206<br>LEI: 254900X7DGVQ8SUIC387 | Long             | EC               | CORP              | CA        |     91242 | NS      | $191608.20    | 0.20%             |  |  |  | No            | 1                  | On Loan: —       |
| AVEANNA HEALTHCARE HOLDINGS INC          | AVEANNA HEALTHCA                     | CUSIP: 05356F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76879 | NS      | $502788.66    | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| TERADATA CORP                            | TERADATA CORP                        | CUSIP: 88076W103<br>LEI: 549300JU9SOUHV4U4R71 | Long             | EC               | CORP              | US        |     34326 | NS      | $904490.10    | 0.96%             |  |  |  | No            | 1                  | On Loan: —       |
| MONTROSE ENVIRONMENTAL GROUP INC         | ONTERRIS INC                         | CUSIP: 615111101<br>LEI: 254900ASI8K3LUB8Q958 | Long             | EC               | CORP              | US        |     18301 | NS      | $385236.05    | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| EZCORP INC                               | EZCORP INC-A                         | CUSIP: 302301106<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | EC               | CORP              | US        |      4496 | NS      | $147378.88    | 0.16%             |  |  |  | No            | 1                  | On Loan: No      |
| RESERVOIR MEDIA INC                      | RESERVOIR MEDIA                      | CUSIP: 76119X105<br>LEI: 549300PHPDQ9M9QSNU18 | Long             | EC               | CORP              | US        |     68909 | NS      | $693224.54    | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| ORTHOFIX MEDICAL INC                     | ORTHOFIX MEDICAL                     | CUSIP: 68752M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29351 | NS      | $345167.76    | 0.37%             |  |  |  | No            | 1                  | On Loan: No      |
| LEGACY EDUCATION INC                     | LEGACY EDUCATION                     | CUSIP: 52474R207<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21059 | NS      | $228490.15    | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| ASCENT INDUSTRIES COMPANY                | SYNALLOY CORP                        | CUSIP: 871565107<br>LEI: 549300U2S5125001TS43 | Long             | EC               | CORP              | US        |     18656 | NS      | $271817.92    | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| ALLIENT INC                              | ALLIENT INC                          | CUSIP: 019330109<br>LEI: 549300I2LHAWYGNBPM97 | Long             | EC               | CORP              | US        |      5014 | NS      | $381966.52    | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| INNOVIVA INC                             | INNOVIVA INC                         | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               | CORP              | US        |     33950 | NS      | $780510.50    | 0.83%             |  |  |  | No            | 1                  | On Loan: No      |
| PRIORITY TECHNOLOGY HOLDINGS INC         | PRIORITY TECHNOL                     | CUSIP: 74275G107<br>LEI: 549300ZS6DXD7ROBKB40 | Long             | EC               | CORP              | US        |     32949 | NS      | $170675.82    | 0.18%             |  |  |  | No            | 1                  | On Loan: —       |
| NORTHPOINTE BANCSHARES INC               | NORTHPOINTE BANC                     | CUSIP: 66661N886<br>LEI: 549300EYMKMD4WKEKP72 | Long             | EC               | CORP              | US        |     41741 | NS      | $744242.03    | 0.79%             |  |  |  | No            | 1                  | On Loan: No      |
| GXO LOGISTICS INC                        | GXO LOGISTIC                         | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |     12041 | NS      | $687902.33    | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| FERROGLOBE PLC                           | FERROGLOBE PLC                       | CUSIP: G33856108<br>LEI: 2138005GCFJACFTZUD90 | Long             | EC               | CORP              | GB        |    114603 | NS      | $531757.92    | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| CARGURUS INC                             | CARGURUS INC                         | CUSIP: 141788109<br>LEI: 54930027BKQN6B7X7G78 | Long             | EC               | CORP              | US        |      2863 | NS      | $104384.98    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| NCR VOYIX CORP                           | NCR VOYIX CORP                       | CUSIP: 62886E108<br>LEI: 549300YKTY8JX1DV2R67 | Long             | EC               | CORP              | US        |     45161 | NS      | $311159.29    | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| ACADEMY SPORTS AND OUTDOORS INC          | ACADEMY SPORTS &                     | CUSIP: 00402L107<br>LEI: 529900HST589BD301M91 | Long             | EC               | CORP              | US        |      7544 | NS      | $413712.96    | 0.44%             |  |  |  | No            | 1                  | On Loan: —       |
| POPULAR INC                              | POPULAR INC                          | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |      3082 | NS      | $463317.06    | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| WARRIOR MET COAL INC                     | WARRIOR MET COAL                     | CUSIP: 93627C101<br>LEI: 549300152B1S9YKBYV79 | Long             | EC               | CORP              | US        |      7339 | NS      | $659409.15    | 0.70%             |  |  |  | No            | 1                  | On Loan: No      |
| REGAL REXNORD CORP                       | REGAL REXNORD CO                     | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |      3726 | NS      | $801201.78    | 0.85%             |  |  |  | No            | 1                  | On Loan: No      |
| AERSALE CORP                             | AERSALE CORP                         | CUSIP: 00810F106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37468 | NS      | $251784.96    | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| ESQUIRE FINANCIAL HOLDINGS INC           | ESQUIRE FINANCIA                     | CUSIP: 29667J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4532 | NS      | $476403.84    | 0.50%             |  |  |  | No            | 1                  | On Loan: No      |
| CONSENSUS CLOUD SOLUTIONS INC            | CONSENSUS CLOUD                      | CUSIP: 20848V105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22444 | NS      | $580850.72    | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| RGC RESOURCES INC                        | RGC RESOURCES                        | CUSIP: 74955L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13056 | NS      | $296762.88    | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| MANPOWERGROUP INC                        | MANPOWERGROUP IN                     | CUSIP: 56418H100<br>LEI: ERO1WSFOSR0JJ6CRQ987 | Long             | EC               | CORP              | US        |     10605 | NS      | $321013.35    | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| NATIONAL VISION HOLDINGS INC             | NATIONAL VISION                      | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |     26357 | NS      | $612009.54    | 0.65%             |  |  |  | No            | 1                  | On Loan: —       |
| TIMKEN COMPANY (THE)                     | TIMKEN CO                            | CUSIP: 887389104<br>LEI: B0I35MLPFXZSE70ASS73 | Long             | EC               | CORP              | US        |      3674 | NS      | $407409.86    | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| AMERICAN INTEGRITY INSURANCE GROUP INC   | AMERICAN INTEGRI                     | CUSIP: 026948109<br>LEI: 529900Y2VOV2LYV4OK68 | Long             | EC               | CORP              | US        |     36005 | NS      | $705698.00    | 0.75%             |  |  |  | No            | 1                  | On Loan: No      |
| CENTRAL PACIFIC FINANCIAL CORP           | CENTRAL PACIFIC                      | CUSIP: 154760409<br>LEI: 549300W3YEAOZ4KGG849 | Long             | EC               | CORP              | US        |     14593 | NS      | $485655.04    | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| LAZARD INC                               | LAZARD INC                           | CUSIP: 52110M109<br>LEI: 254900RIBCDJSUFG1A11 | Long             | EC               | CORP              | US        |      4370 | NS      | $211945.00    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| CARDINAL INFRASTRUCTURE GROUP INC        | CARDINAL INFRA-A                     | CUSIP: 14154A102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4627 | NS      | $245369.81    | 0.26%             |  |  |  | No            | 1                  | On Loan: —       |
| TIPTREE INC                              | TIPTREE INC                          | CUSIP: 88822Q103<br>LEI: 254900EH52HA4YXENT37 | Long             | EC               | CORP              | US        |     13184 | NS      | $227292.16    | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| NATIONAL ENERGY SERVICES REUNITED CORP   | NATIONAL ENERGY                      | CUSIP: G6375R107<br>LEI: N/A                  | Long             | EC               | CORP              | VG        |     26851 | NS      | $669663.94    | 0.71%             |  |  |  | No            | 1                  | On Loan: No      |
| SPIRE INC (US)                           | SPIRE INC                            | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |      5880 | NS      | $536138.40    | 0.57%             |  |  |  | No            | 1                  | On Loan: No      |
| CUSTOM TRUCK ONE SOURCE INC              | CUSTOM TRUCK ONE                     | CUSIP: 23204X103<br>LEI: 2549008QOVAS9KBZ4E50 | Long             | EC               | CORP              | US        |     50275 | NS      | $495208.75    | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| CARS.COM INC                             | CARS.COM INC                         | CUSIP: 14575E105<br>LEI: 5493002G6J07LNGX4M98 | Long             | EC               | CORP              | US        |     11538 | NS      | $126802.62    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| HALOZYME THERAPEUTICS INC                | HALOZYME THERAPE                     | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |      4308 | NS      | $274247.28    | 0.29%             |  |  |  | No            | 1                  | On Loan: No      |
| UMH PROPERTIES INC                       | UMH PROPERTIES I                     | CUSIP: 903002103<br>LEI: 529900OM5K3PJ11F0Q09 | Long             | EC               | CORP              | US        |     29787 | NS      | $463187.85    | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| GETTY REALTY CORP                        | GETTY REALTY                         | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |     12995 | NS      | $430394.40    | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| SLIDE INSURANCE HOLDINGS INC             | SLIDE INSURANCE                      | CUSIP: 831349105<br>LEI: 2549004LDWZTPC69SX47 | Long             | EC               | CORP              | US        |     27616 | NS      | $515038.40    | 0.55%             |  |  |  | No            | 1                  | On Loan: —       |
| VITAL FARMS INC                          | VITAL FARMS INC                      | CUSIP: 92847W103<br>LEI: 549300S6NYY7ER3XOT61 | Long             | EC               | CORP              | US        |     10467 | NS      | $142874.55    | 0.15%             |  |  |  | No            | 1                  | On Loan: —       |
| MANITOWOC COMPANY INC (THE)              | MANITOWOC CO                         | CUSIP: 563571405<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | EC               | CORP              | US        |     21275 | NS      | $289127.25    | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| KALTURA INC                              | KALTURA INC                          | CUSIP: 483467106<br>LEI: 254900WYME0NSA8DVA41 | Long             | EC               | CORP              | US        |    228270 | NS      | $312729.90    | 0.33%             |  |  |  | No            | 1                  | On Loan: No      |
| NPK INTERNATIONAL INC                    | NPK INTERNATIONA                     | CUSIP: 651718504<br>LEI: 54930073OHWDQW4DJN26 | Long             | EC               | CORP              | US        |     46408 | NS      | $758770.80    | 0.80%             |  |  |  | No            | 1                  | On Loan: No      |
| ABM INDUSTRIES INC                       | ABM INDUSTRIES                       | CUSIP: 000957100<br>LEI: QF02R89VEIOROM77J447 | Long             | EC               | CORP              | US        |     13518 | NS      | $551534.40    | 0.58%             |  |  |  | No            | 1                  | On Loan: No      |
| ICON PLC                                 | ICON PLC                             | CUSIP: G4705A100<br>LEI: 6354008SRQGEMC4XFI67 | Long             | EC               | CORP              | IE        |      4700 | NS      | $556151.00    | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| CLARUS CORP                              | CLARUS CORP                          | CUSIP: 18270P109<br>LEI: 549300PKSLI6PT0ULL72 | Long             | EC               | CORP              | US        |    117553 | NS      | $306225.57    | 0.32%             |  |  |  | No            | 1                  | On Loan: No      |
| HOLLEY INC                               | HOLLEY INC                           | CUSIP: 43538H103<br>LEI: 254900EEM9JI9G1A4D88 | Long             | EC               | CORP              | US        |    167889 | NS      | $554033.70    | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| PARK DENTAL PARTNERS INC                 | PARK DENTAL PART                     | CUSIP: 700402100<br>LEI: 529900JGYNTREBZJHT94 | Long             | EC               | CORP              | US        |     14694 | NS      | $258320.52    | 0.27%             |  |  |  | No            | 1                  | On Loan: —       |
| PTC THERAPEUTICS INC                     | PTC THERAPEUTICS                     | CUSIP: 69366J200<br>LEI: 549300UJLWOIWFDGB318 | Long             | EC               | CORP              | US        |     13120 | NS      | $853587.20    | 0.90%             |  |  |  | No            | 1                  | On Loan: No      |
| THYSSENKRUPP AG                          | THYSSENKRUPP AG                      | CUSIP: D8398Q119<br>LEI: 549300UDG16DOYUPR330 | Long             | EC               | CORP              | DE        |     57062 | NS      | $675513.87    | 0.72%             |  |  |  | No            | 1                  | On Loan: No      |
| RADIANT LOGISTICS INC                    | RADIANT LOGISTIC                     | CUSIP: 75025X100<br>LEI: 549300HWCW2HBOG4GN20 | Long             | EC               | CORP              | US        |     92055 | NS      | $774182.55    | 0.82%             |  |  |  | No            | 1                  | On Loan: No      |
| INTEGER HOLDINGS CORP                    | INTEGER HOLDINGS                     | CUSIP: 45826H109<br>LEI: 549300SUD2ED5XG6X569 | Long             | EC               | CORP              | US        |      2259 | NS      | $199944.09    | 0.21%             |  |  |  | No            | 1                  | On Loan: —       |
| ALCOA CORP                               | ALCOA CORP                           | CUSIP: 013872106<br>LEI: 549300T12EZ1F6PWWU29 | Long             | EC               | CORP              | US        |      4124 | NS      | $263069.96    | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| TASEKO MINES LTD                         | TASEKO MINES                         | CUSIP: 876511106<br>LEI: 549300XKUO1JSLU7KX54 | Long             | EC               | CORP              | CA        |     41071 | NS      | $294068.36    | 0.31%             |  |  |  | No            | 1                  | On Loan: No      |
| OCEANFIRST FINANCIAL CORP                | OCEANFIRST FINL                      | CUSIP: 675234108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19487 | NS      | $371617.09    | 0.39%             |  |  |  | No            | 1                  | On Loan: —       |
| CAPSTONE COPPER CORP                     | CAPSTONE COPPER                      | CUSIP: 14071L108<br>LEI: 549300III6KGKKC42W63 | Long             | EC               | CORP              | CA        |     71702 | NS      | $597525.46    | 0.63%             |  |  |  | No            | 1                  | On Loan: No      |
| 8X8 INC                                  | 8X8 INC                              | CUSIP: 282914100<br>LEI: 254900XWSOC5U1BRW939 | Long             | EC               | CORP              | US        |    131670 | NS      | $252806.40    | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| LEGACY HOUSING CORP                      | LEGACY HOUSING C                     | CUSIP: 52472M101<br>LEI: V6WE5M18QYITU8L1QF76 | Long             | EC               | CORP              | US        |     21062 | NS      | $458098.50    | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| FIRST WATCH RESTAURANT GROUP INC         | FIRST WATCH REST                     | CUSIP: 33748L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     38106 | NS      | $499950.72    | 0.53%             |  |  |  | No            | 1                  | On Loan: No      |
| BKV CORP                                 | BKV CORPORATION                      | CUSIP: 05603J108<br>LEI: 549300S3T4Z01TRFU656 | Long             | EC               | CORP              | US        |     30210 | NS      | $952521.30    | 1.01%             |  |  |  | No            | 1                  | On Loan: No      |
| MAMMOTH ENERGY SERVICES INC              | MAMMOTH ENERGY SERVICES I            | CUSIP: 56155L108<br>LEI: 549300ODHHN3MGXCQ803 | Long             | EC               | CORP              | US        |     72015 | NS      | $205962.90    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| V2X INC                                  | V2X INC                              | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8979 | NS      | $608865.99    | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| SELECT WATER SOLUTIONS INC               | SELECT WATER SOL                     | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |     14800 | NS      | $247604.00    | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| IAC INC                                  | IAC INC                              | CUSIP: 44891N208<br>LEI: 549300TO56L57RP6P031 | Long             | EC               | CORP              | US        |     13481 | NS      | $600713.36    | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| HERC HOLDINGS INC                        | HERC HOLDINGS IN                     | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |      2852 | NS      | $361975.84    | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| CECO ENVIRONMENTAL CORP                  | CECO ENVIRONMNTL                     | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |      4904 | NS      | $363582.56    | 0.38%             |  |  |  | No            | 1                  | On Loan: No      |
| PERELLA WEINBERG PARTNERS                | PERELLA WEINBERG                     | CUSIP: 71367G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     32719 | NS      | $744030.06    | 0.79%             |  |  |  | No            | 1                  | On Loan: —       |
| CTO REALTY GROWTH INC                    | CTO REALTY GROWT                     | CUSIP: 22948Q101<br>LEI: 254900ZQ99OFO1WXS678 | Long             | EC               | CORP              | US        |     23947 | NS      | $484930.26    | 0.51%             |  |  |  | No            | 1                  | On Loan: No      |
| DHT HOLDINGS INC                         | DHT HOLDINGS INC                     | CUSIP: Y2065G121<br>LEI: 549300SMD6IVZYT74K40 | Long             | EC               | CORP              | MH        |     19970 | NS      | $369045.60    | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| STONERIDGE INC                           | STONERIDGE INC                       | CUSIP: 86183P102<br>LEI: PNBCIH9LE7WI83VJIF08 | Long             | EC               | CORP              | US        |     62495 | NS      | $437465.00    | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| MOTORCAR PARTS OF AMERICA INC            | MOTORCAR PARTS                       | CUSIP: 620071100<br>LEI: 549300AG4610OSV3H429 | Long             | EC               | CORP              | US        |     11319 | NS      | $126999.18    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| HUB GROUP INC                            | HUB GROUP-A                          | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10190 | NS      | $446627.70    | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| HALLADOR ENERGY COMPANY                  | HALLADOR ENERGY                      | CUSIP: 40609P105<br>LEI: 254900GKEQRHOI2SSC19 | Long             | EC               | CORP              | US        |      8115 | NS      | $126025.95    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| PAR TECHNOLOGY CORP                      | PAR TECHNOLOGY                       | CUSIP: 698884103<br>LEI: 549300HYPTHBJQINVG57 | Long             | EC               | CORP              | US        |     11564 | NS      | $155420.16    | 0.16%             |  |  |  | No            | 1                  | On Loan: —       |
| PUBLIC POLICY HOLDING COMPANY INC        | PUBLIC POLICY HO                     | CUSIP: 744430208<br>LEI: 2138008Z7B1IXVVJAZ79 | Long             | EC               | CORP              | US        |     34698 | NS      | $486465.96    | 0.52%             |  |  |  | No            | 1                  | On Loan: —       |
| NETSTREIT CORP                           | NETSTREIT CORP                       | CUSIP: 64119V303<br>LEI: 254900CJL0EDMEQ25Q84 | Long             | EC               | CORP              | US        |     29169 | NS      | $600006.33    | 0.64%             |  |  |  | No            | 1                  | On Loan: —       |
| ADVANCE AUTO PARTS INC                   | ADVANCE AUTO PAR                     | CUSIP: 00751Y106<br>LEI: 529900UCNQ5H9FSL0Y70 | Long             | EC               | CORP              | US        |      4903 | NS      | $291777.53    | 0.31%             |  |  |  | No            | 1                  | On Loan: —       |
| N/A                                      | MOUNT VERNON LIQUID ASSETS PORTFOLIO | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |         0 | NS      | $0.00         | 0.00%             |  |  |  | No            | N/A                | On Loan: No      |
| ANTERO RESOURCES CORP                    | ANTERO RESOURCES                     | CUSIP: 03674X106<br>LEI: APVBKPOULHUX7YZLKU17 | Long             | EC               | CORP              | US        |      5233 | NS      | $205447.58    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| DIME COMMUNITY BANCSHARES INC            | DIME COMMUNITY B                     | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17132 | NS      | $614867.48    | 0.65%             |  |  |  | No            | 1                  | On Loan: No      |
| INSTEEL INDUSTRIES INC                   | INSTEEL INDS                         | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |     14700 | NS      | $384846.00    | 0.41%             |  |  |  | No            | 1                  | On Loan: No      |
| RADCOM LTD                               | RADCOM LTD                           | CUSIP: M81865111<br>LEI: 529900YOUOKNMG7QW685 | Long             | EC               | CORP              | IL        |     24353 | NS      | $388673.88    | 0.41%             |  |  |  | No            | 1                  | On Loan: —       |
| OLAPLEX HOLDINGS INC                     | OLAPLEX HOLDINGS                     | CUSIP: 679369108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     84920 | NS      | $172387.60    | 0.18%             |  |  |  | No            | 1                  | On Loan: No      |
| FIRST BANCORP (PUERTO RICO)              | FIRST BANCORP PR                     | CUSIP: 318672706<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |     22813 | NS      | $553899.64    | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| CAPITAL BANCORP INC (MARYLAND)           | CAPITAL BANCORP                      | CUSIP: 139737100<br>LEI: 549300LQKYGWQ7VP0C75 | Long             | EC               | CORP              | US        |     21994 | NS      | $692591.06    | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| LITTELFUSE INC                           | LITTELFUSE INC                       | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |      1783 | NS      | $720635.11    | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| INFINITY NATURAL RESOURCES INC           | INFINITY NATUR-A                     | CUSIP: 456941103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31131 | NS      | $507123.99    | 0.54%             |  |  |  | No            | 1                  | On Loan: No      |
| MAXIMUS INC                              | MAXIMUS INC                          | CUSIP: 577933104<br>LEI: 549300DQCDS8HJ7QF202 | Long             | EC               | CORP              | US        |      7448 | NS      | $488737.76    | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| CENTURY ALUMINUM COMPANY                 | CENTURY ALUMINUM                     | CUSIP: 156431108<br>LEI: 549300U5ODNGEYWKSW73 | Long             | EC               | CORP              | US        |      4468 | NS      | $265577.92    | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| NORTHEAST BANK                           | NORTHEAST BANK                       | CUSIP: 66405S100<br>LEI: 549300F0LV9TSW34E306 | Long             | EC               | CORP              | US        |      7209 | NS      | $896439.15    | 0.95%             |  |  |  | No            | 1                  | On Loan: No      |
| THERMON GROUP HOLDINGS INC               | THERMON GROUP HO                     | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |      9588 | NS      | $579978.12    | 0.61%             |  |  |  | No            | 1                  | On Loan: No      |
| KRONOS WORLDWIDE INC                     | KRONOS WORLDWIDE                     | CUSIP: 50105F105<br>LEI: 549300OBZ34C65APL277 | Long             | EC               | CORP              | US        |     70635 | NS      | $525524.40    | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| ASHLAND INC                              | ASHLAND INC                          | CUSIP: 044186104<br>LEI: 529900E4L9R04SB8HB11 | Long             | EC               | CORP              | US        |      8458 | NS      | $450473.08    | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| NATURAL GAS SERVICES GROUP INC           | NATURAL GAS SERV                     | CUSIP: 63886Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10850 | NS      | $441486.50    | 0.47%             |  |  |  | No            | 1                  | On Loan: No      |
| HELIOS TECHNOLOGIES INC                  | HELIOS TECHNOLOG                     | CUSIP: 42328H109<br>LEI: 5493000BCJSMIDRNTI78 | Long             | EC               | CORP              | US        |      3481 | NS      | $238100.40    | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| MCGRATH RENTCORP                         | MCGRATH RENTCORP                     | CUSIP: 580589109<br>LEI: 254900EUH6IPWFQ83445 | Long             | EC               | CORP              | US        |      1822 | NS      | $201422.10    | 0.21%             |  |  |  | No            | 1                  | On Loan: No      |
| HUDSON TECHNOLOGIES INC                  | HUDSON TECH                          | CUSIP: 444144109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     20216 | NS      | $126552.16    | 0.13%             |  |  |  | No            | 1                  | On Loan: No      |
| BLACK HILLS CORP                         | BLACK HILLS CORP                     | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |      7400 | NS      | $557146.00    | 0.59%             |  |  |  | No            | 1                  | On Loan: —       |
| FIDELITY COLCHESTER STREET TRUST         | FID-MM GOVT-I                        | CUSIP: 316175108<br>LEI: 549300SHPEJB1OPRCV46 | Long             | STIV             | RF                | US        |   2180421 | PA      | $2180421.20   | 2.31%             |  |  |  | No            | 1                  | On Loan: No      |
| MARTEN TRANSPORT LTD                     | MARTEN TRANSPORT                     | CUSIP: 573075108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     42541 | NS      | $641518.28    | 0.68%             |  |  |  | No            | 1                  | On Loan: No      |
| ENTERPRISE FINANCIAL SERVICES CORP       | ENTERPRISE FINAN                     | CUSIP: 293712105<br>LEI: 5493001XTU5DLD632129 | Long             | EC               | CORP              | US        |     14723 | NS      | $851283.86    | 0.90%             |  |  |  | No            | 1                  | On Loan: No      |
| RAYONIER ADVANCED MATERIALS INC          | RAYONIER ADV                         | CUSIP: 75508B104<br>LEI: 54930053QJ7OUGZG4F72 | Long             | EC               | CORP              | US        |     25223 | NS      | $239366.27    | 0.25%             |  |  |  | No            | 1                  | On Loan: No      |
| CAPITAL CITY BANK GROUP INC              | CAP CITY BANK                        | CUSIP: 139674105<br>LEI: 254900NVLVUJQZKTQE82 | Long             | EC               | CORP              | US        |     12023 | NS      | $555101.91    | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| TITAN MACHINERY INC                      | TITAN MACHINERY                      | CUSIP: 88830R101<br>LEI: 549300835ZM8G0BT5C94 | Long             | EC               | CORP              | US        |     25453 | NS      | $532222.23    | 0.56%             |  |  |  | No            | 1                  | On Loan: No      |
| COVENANT LOGISTICS GROUP INC             | COVENANT LOGISTI                     | CUSIP: 22284P105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21405 | NS      | $746178.30    | 0.79%             |  |  |  | No            | 1                  | On Loan: No      |
| PROFICIENT AUTO LOGISTICS INC            | PROFICIENT AUTO                      | CUSIP: 74317M104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     76069 | NS      | $559107.15    | 0.59%             |  |  |  | No            | 1                  | On Loan: No      |
| OOMA INC                                 | OOMA INC                             | CUSIP: 683416101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19163 | NS      | $312740.16    | 0.33%             |  |  |  | No            | 1                  | On Loan: —       |
| PRIMERICA INC                            | PRIMERICA INC                        | CUSIP: 74164M108<br>LEI: 254900621R686KJR7022 | Long             | EC               | CORP              | US        |      1597 | NS      | $449188.19    | 0.48%             |  |  |  | No            | 1                  | On Loan: No      |
| HUNTSMAN CORP                            | HUNTSMAN CORP                        | CUSIP: 447011107<br>LEI: 5299000V56320A7RIQ67 | Long             | EC               | CORP              | US        |     48824 | NS      | $701600.88    | 0.74%             |  |  |  | No            | 1                  | On Loan: No      |
| YESWAY INC                               | YESWAY INC-A                         | CUSIP: 98585C100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16296 | NS      | $419133.12    | 0.44%             |  |  |  | No            | 1                  | On Loan: No      |
| FEDERAL AGRICULTURAL MORTGAGE CORP       | FED AGRI MTG-C                       | CUSIP: 313148306<br>LEI: 549300MS654K78GYF580 | Long             | EC               | USGSE             | US        |      2852 | NS      | $495677.60    | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| BRIGHTVIEW HOLDINGS INC                  | BRIGHTVIEW HOLDI                     | CUSIP: 10948C107<br>LEI: 549300F8QN8YHVI7L866 | Long             | EC               | CORP              | US        |     49026 | NS      | $583409.40    | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| CERTARA INC                              | CERTARA INC                          | CUSIP: 15687V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16738 | NS      | $102603.94    | 0.11%             |  |  |  | No            | 1                  | On Loan: No      |
| PEGASYSTEMS INC                          | PEGASYSTEMS INC                      | CUSIP: 705573103<br>LEI: 549300FMCOKPL06FYN26 | Long             | EC               | CORP              | US        |     11102 | NS      | $405778.10    | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| STRATA CRITICAL MEDICAL INC              | STRATA CRITICAL                      | CUSIP: 092667104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     72869 | NS      | $365802.38    | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| AZENTA INC                               | AZENTA INC                           | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |     10853 | NS      | $266658.21    | 0.28%             |  |  |  | No            | 1                  | On Loan: No      |
| CENTERSPACE REAL ESTATE INVESTMENT TRUST | CENTERSPACE                          | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               | CORP              | US        |      7207 | NS      | $492021.89    | 0.52%             |  |  |  | No            | 1                  | On Loan: No      |
| CELANESE CORP                            | CELANESE CORP                        | CUSIP: 150870103<br>LEI: 549300FHJQTDPPN41627 | Long             | EC               | CORP              | US        |     12252 | NS      | $830195.52    | 0.88%             |  |  |  | No            | 1                  | On Loan: No      |
| INDEPENDENT BANK CORP (MICHIGAN)         | INDEP BANK/MICH                      | CUSIP: 453838609<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11237 | NS      | $373180.77    | 0.40%             |  |  |  | No            | 1                  | On Loan: No      |
| FLAGSTAR BANK NA                         | FLAGSTAR FINANCI                     | CUSIP: 649445400<br>LEI: SS1TRMSN6BRNMOREEV51 | Long             | EC               | CORP              | US        |     15079 | NS      | $210653.63    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| STARZ ENTERTAINMENT CORP                 | STARZ ENTERTAINM                     | CUSIP: 855919106<br>LEI: 5493000JSMHPHZURLM72 | Long             | EC               | CORP              | CA        |     22225 | NS      | $407606.50    | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| TAT TECHNOLOGIES LTD                     | TAT TECHNOLOGIES                     | CUSIP: M8740S227<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      7022 | NS      | $257777.62    | 0.27%             |  |  |  | No            | 1                  | On Loan: No      |
| CROSS COUNTRY HEALTHCARE INC             | CROSS COUNTRY HE                     | CUSIP: 227483104<br>LEI: 54930037L0NBIPZ5S663 | Long             | EC               | CORP              | US        |     59445 | NS      | $601583.40    | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| PEAPACK-GLADSTONE FINANCIAL CORP         | PEAPACK GLADSTON                     | CUSIP: 704699107<br>LEI: 549300G8DN2UK8K0ET30 | Long             | EC               | CORP              | US        |     22389 | NS      | $934740.75    | 0.99%             |  |  |  | No            | 1                  | On Loan: No      |
| HOMETRUST BANCSHARES INC                 | HOMETRUST BANCSH                     | CUSIP: 437872104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5335 | NS      | $243649.45    | 0.26%             |  |  |  | No            | 1                  | On Loan: No      |
| CAREDX INC                               | CAREDX INC                           | CUSIP: 14167L103<br>LEI: 549300NQOFKL9NON0U06 | Long             | EC               | CORP              | US        |     47382 | NS      | $986019.42    | 1.04%             |  |  |  | No            | 1                  | On Loan: No      |
| KOPPERS HOLDINGS INC                     | KOPPERS HOLDINGS                     | CUSIP: 50060P106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11262 | NS      | $459827.46    | 0.49%             |  |  |  | No            | 1                  | On Loan: No      |
| RANPAK HOLDINGS CORP                     | RANPAK HOLDINGS                      | CUSIP: 75321W103<br>LEI: 5493000Z9EZR9DCYOO86 | Long             | EC               | CORP              | US        |     85128 | NS      | $433301.52    | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| BGC GROUP INC                            | BGC GROUP INC-A                      | CUSIP: 088929104<br>LEI: 2549001IGRCG4F0RLD36 | Long             | EC               | CORP              | US        |     81075 | NS      | $910472.25    | 0.96%             |  |  |  | No            | 1                  | On Loan: No      |
| ITURAN LOCATION & CONTROL LTD            | ITURAN LOCATION                      | CUSIP: M6158M104<br>LEI: N/A                  | Long             | EC               | CORP              | IL        |      3954 | NS      | $227750.40    | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| INGEVITY CORP                            | INGEVITY CORP                        | CUSIP: 45688C107<br>LEI: 5493009UTFC4B5IMGF87 | Long             | EC               | CORP              | US        |      4846 | NS      | $369216.74    | 0.39%             |  |  |  | No            | 1                  | On Loan: No      |
| BIO-RAD LABORATORIES INC                 | BIO-RAD LABS-A                       | CUSIP: 090572207<br>LEI: 549300ZC1GPV35XYDK53 | Long             | EC               | CORP              | US        |      1156 | NS      | $323818.72    | 0.34%             |  |  |  | No            | 1                  | On Loan: No      |
| SCORPIO TANKERS INC                      | SCORPIO TANKERS                      | CUSIP: Y7542C130<br>LEI: 549300NVJUH16NXG8K87 | Long             | EC               | CORP              | MH        |      8513 | NS      | $692362.29    | 0.73%             |  |  |  | No            | 1                  | On Loan: No      |
| SILICON MOTION TECHNOLOGY CORP           | SILICON MOTI-ADR                     | CUSIP: 82706C108<br>LEI: 5299005RBVBZQJTYFC89 | Long             | EC               | CORP              | KY        |      5195 | NS      | $1136562.10   | 1.20%             |  |  |  | No            | 1                  | On Loan: No      |
| NORTHERN OIL & GAS INC                   | NORTHERN OIL AND                     | CUSIP: 665531307<br>LEI: OKFF0PIZDDMNH4UCYE51 | Long             | EC               | CORP              | US        |      8024 | NS      | $217931.84    | 0.23%             |  |  |  | No            | 1                  | On Loan: —       |
| AEBI SCHMIDT HOLDING AG                  | AEBI SCHMIDT HOL                     | CUSIP: H00501108<br>LEI: 506700TN58RT735OV464 | Long             | EC               | CORP              | CH        |     19538 | NS      | $227031.56    | 0.24%             |  |  |  | No            | 1                  | On Loan: No      |
| UFP INDUSTRIES INC                       | UFP INDUSTRIES I                     | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |      4754 | NS      | $425435.46    | 0.45%             |  |  |  | No            | 1                  | On Loan: No      |
| TRUEBLUE INC                             | TRUEBLUE INC                         | CUSIP: 89785X101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    110395 | NS      | $606068.55    | 0.64%             |  |  |  | No            | 1                  | On Loan: No      |
| MATTHEWS INTERNATIONAL CORP              | MATTHEWS INTL-A                      | CUSIP: 577128101<br>LEI: 549300ZVC5O0ATML6U61 | Long             | EC               | CORP              | US        |     14280 | NS      | $407551.20    | 0.43%             |  |  |  | No            | 1                  | On Loan: No      |
| OPTION CARE HEALTH INC                   | OPTION CARE HEAL                     | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |     28747 | NS      | $584426.51    | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| UNITIL CORP                              | UNITIL CORP                          | CUSIP: 913259107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8273 | NS      | $434001.58    | 0.46%             |  |  |  | No            | 1                  | On Loan: No      |
| CARLSMED INC                             | CARLSMED INC                         | CUSIP: 14280C105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     24825 | NS      | $220694.25    | 0.23%             |  |  |  | No            | 1                  | On Loan: —       |
| JOINT CORP (THE)                         | JOINT CORP/THE                       | CUSIP: 47973J102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49640 | NS      | $440306.80    | 0.47%             |  |  |  | No            | 1                  | On Loan: —       |
| ONTO INNOVATION INC                      | ONTO INNOVATION                      | CUSIP: 683344105<br>LEI: 254900RXZVN73CHOO062 | Long             | EC               | CORP              | US        |      2429 | NS      | $716700.74    | 0.76%             |  |  |  | No            | 1                  | On Loan: No      |
| SM ENERGY COMPANY                        | SM ENERGY CO                         | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |      6769 | NS      | $210042.07    | 0.22%             |  |  |  | No            | 1                  | On Loan: No      |
| METALLUS INC                             | METALLUS INC                         | CUSIP: 887399103<br>LEI: 549300QZTZWHDE9HJL14 | Long             | EC               | CORP              | US        |     44055 | NS      | $847618.20    | 0.90%             |  |  |  | No            | 1                  | On Loan: No      |

### Signature

**Date Signed:** 2026-05-28

**Name of Applicant:** Dunham Funds

**Signature:** James Colantino

**Name of Signer:** James Colantino

**Title:** Assistant Treasurer