# EDGAR Filing Document

**Accession Number:** 0000927384
**File Stem:** 0000035402-26-003508
**Filing Date:** 2026-5
**Character Count:** 59596
**Document Hash:** dbfde30895f753af7527f71e6c941182
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-003508.hdr.sgml**: 20260526

**ACCESSION NUMBER**: 0000035402-26-003508

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260526

**DATE AS OF CHANGE**: 20260526

**PERIOD START**: 20261231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VARIABLE INSURANCE PRODUCTS FUND III
- **CENTRAL INDEX KEY:** 0000927384

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07205
- **FILM NUMBER:** 261017669

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VARIABLE INSURANCE PRODUCTS III
- **DATE OF NAME CHANGE:** 19970106

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY ADVISOR ANNUITY FUND
- **DATE OF NAME CHANGE:** 19940722

## Series and Classes Contracts Data

### Value Strategies Portfolio (Series ID: S000007735)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000021046 | Initial Class   |  |
| C000021047 | Service Class   |  |
| C000021048 | Service Class 2 |  |
| C000021049 | Investor Class  |  |

## Nport-Ex

**Quarterly Holdings Report**

**for**

**Fidelity® Variable Insurance Products:**

**VIP Value Strategies Portfolio**

**March 31, 2026**

VIPVS-NPRT1-0526

1.799889.122 ---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Common Stocks - 100.3%** | &nbsp;&nbsp;**Common Stocks - 100.3%** | &nbsp;&nbsp;**Common Stocks - 100.3%** |
|  | Shares | Value ($)<br>|
| CANADA - 4.7%  |  |  |
| Consumer Discretionary - 0.9% |  |  |
| Textiles, Apparel & Luxury Goods - 0.9% |  |  |
| Gildan Activewear Inc (a) | 161400 | 8988324 |
| Energy - 2.6% |  |  |
| Oil, Gas & Consumable Fuels - 2.6% |  |  |
| Cenovus Energy Inc  | 358300 | 9509335 |
| Imperial Oil Ltd (a) | 132400 | 17342107 |
| TOTAL ENERGY |  | 26851442 |
| Industrials - 0.6% |  |  |
| Ground Transportation - 0.6% |  |  |
| TFI International Inc  | 56900 | 6193514 |
| Materials - 0.6% |  |  |
| Chemicals - 0.6% |  |  |
| Methanex Corp (United States) (a) | 110500 | 6579170 |
| TOTAL CANADA |  | 48612450 |
| HONG KONG - 0.5%  |  |  |
| Financials - 0.5% |  |  |
| Insurance - 0.5% |  |  |
| Prudential PLC  | 372100 | 5173350 |
| Prudential PLC rights (b)(c) | 372100 | 69702 |
| TOTAL HONG KONG |  | 5243052 |
| PORTUGAL - 1.1%  |  |  |
| Energy - 1.1% |  |  |
| Oil, Gas & Consumable Fuels - 1.1% |  |  |
| Galp Energia SGPS SA  | 469100 | 11247891 |
| PUERTO RICO - 1.0%  |  |  |
| Financials - 1.0% |  |  |
| Banks - 1.0% |  |  |
| Popular Inc  | 79000 | 10599430 |
| SPAIN - 0.4%  |  |  |
| Communication Services - 0.4% |  |  |
| Diversified Telecommunication Services - 0.4% |  |  |
| Cellnex Telecom SA (d)(e) | 129000 | 4147960 |
| UNITED KINGDOM - 1.0%  |  |  |
| Financials - 1.0% |  |  |
| Capital Markets - 1.0% |  |  |
| Marex Group PLC  | 220100 | 9812058 |
| UNITED STATES - 91.2%  |  |  |
| Communication Services - 1.3% |  |  |
| Interactive Media & Services - 0.4% |  |  |
| ZoomInfo Technologies Inc (a)(b) | 670900 | 4011982 |
| Media - 0.9% |  |  |
| Nexstar Media Group Inc  | 49600 | 8969168 |
| TOTAL COMMUNICATION SERVICES |  | 12981150 |
| Consumer Discretionary - 7.7% |  |  |
| Automobile Components - 0.9% |  |  |
| Patrick Industries Inc  | 87476 | 9715959 |
| Diversified Consumer Services - 0.8% |  |  |
| Driven Brands Holdings Inc (a)(b) | 625400 | 7886294 |
| Hotels, Restaurants & Leisure - 0.4% |  |  |
| Hilton Grand Vacations Inc (b) | 127600 | 4991712 |
| Household Durables - 1.3% |  |  |
| Mohawk Industries Inc (b) | 60700 | 5976522 |
| Somnigroup International Inc  | 94700 | 7000224 |
|  |  | 12976746 |
| Leisure Products - 0.6% |  |  |
| BRP Inc Subordinate Voting Shares (a) | 85100 | 6117461 |
| Specialty Retail - 3.7% |  |  |
| Bath & Body Works Inc  | 557400 | 10406658 |
| Lithia Motors Inc  | 35000 | 8740200 |
| Murphy USA Inc  | 11700 | 5779449 |
| Signet Jewelers Ltd  | 62200 | 5264608 |
| Upbound Group Inc (a) | 404800 | 7306640 |
|  |  | 37497555 |
| TOTAL CONSUMER DISCRETIONARY |  | 79185727 |
| Consumer Staples - 4.9% |  |  |
| Beverages - 1.9% |  |  |
| Keurig Dr Pepper Inc  | 290300 | 7643599 |
| Primo Brands Corp Class A  | 634600 | 11949518 |
|  |  | 19593117 |
| Consumer Staples Distribution & Retail - 0.7% |  |  |
| Performance Food Group Co (b) | 77700 | 6655782 |
| Food Products - 2.3% |  |  |
| Bunge Global SA  | 87200 | 11091840 |
| Darling Ingredients Inc (b) | 204063 | 12621297 |
|  |  | 23713137 |
| TOTAL CONSUMER STAPLES |  | 49962036 |
| Energy - 5.5% |  |  |
| Energy Equipment & Services - 3.6% |  |  |
| Expro Group Holdings NV (a)(b) | 752900 | 13107989 |
| Noble Corp PLC (a) | 244500 | 11997615 |
| Weatherford International PLC  | 124800 | 11803584 |
|  |  | 36909188 |
| Oil, Gas & Consumable Fuels - 1.9% |  |  |
| Sunoco LP  | 90300 | 5866791 |
| Targa Resources Corp  | 53500 | 13414055 |
|  |  | 19280846 |
| TOTAL ENERGY |  | 56190034 |
| Financials - 13.7% |  |  |
| Banks - 1.9% |  |  |
| East West Bancorp Inc  | 90793 | 9693061 |
| First Citizens BancShares Inc/NC Class A  | 5300 | 9988698 |
|  |  | 19681759 |
| Capital Markets - 2.8% |  |  |
| Blue Owl Capital Inc Class A (a) | 643600 | 5876068 |
| LPL Financial Holdings Inc  | 34500 | 10378635 |
| Raymond James Financial Inc  | 85200 | 12336108 |
|  |  | 28590811 |
| Consumer Finance - 1.4% |  |  |
| OneMain Holdings Inc  | 157700 | 8435373 |
| SLM Corp  | 274500 | 5877045 |
|  |  | 14312418 |
| Financial Services - 4.4% |  |  |
| Apollo Global Management Inc  | 107500 | 11977650 |
| Corpay Inc (b) | 22400 | 6518176 |
| Global Payments Inc  | 148300 | 9980590 |
| Remitly Global Inc (b) | 488700 | 7657929 |
| WEX Inc (b) | 61500 | 9411960 |
|  |  | 45546305 |
| Insurance - 3.2% |  |  |
| Arthur J Gallagher & Co  | 30600 | 6627348 |
| First American Financial Corp  | 111270 | 6708468 |
| Reinsurance Group of America Inc  | 46005 | 9392381 |
| Travelers Companies Inc/The  | 33600 | 9800448 |
|  |  | 32528645 |
| TOTAL FINANCIALS |  | 140659938 |
| Health Care - 8.5% |  |  |
| Health Care Equipment & Supplies - 2.0% |  |  |
| Lantheus Holdings Inc (b) | 124400 | 9435740 |
| QuidelOrtho Corp (b) | 339700 | 5581271 |
| Solventum Corp (b) | 88300 | 5765990 |
|  |  | 20783001 |
| Health Care Providers & Services - 4.7% |  |  |
| Acadia Healthcare Co Inc (a)(b) | 434700 | 10167633 |
| AdaptHealth Corp (b) | 725900 | 8638210 |
| Cigna Group/The  | 29700 | 7922475 |
| CVS Health Corp  | 145700 | 10464174 |
| Molina Healthcare Inc (b) | 77800 | 10370740 |
|  |  | 47563232 |
| Life Sciences Tools & Services - 1.8% |  |  |
| ICON PLC (b) | 74400 | 8233104 |
| IQVIA Holdings Inc (b) | 59500 | 10147130 |
|  |  | 18380234 |
| TOTAL HEALTH CARE |  | 86726467 |
| Industrials - 20.1% |  |  |
| Aerospace & Defense - 0.6% |  |  |
| Textron Inc  | 74800 | 6549488 |
| Air Freight & Logistics - 2.6% |  |  |
| FedEx Corp  | 26800 | 9545624 |
| GXO Logistics Inc (b) | 181200 | 9395220 |
| United Parcel Service Inc Class B  | 82800 | 8145864 |
|  |  | 27086708 |
| Building Products - 0.6% |  |  |
| UFP Industries Inc  | 68800 | 6337856 |
| Commercial Services & Supplies - 1.9% |  |  |
| Brink's Co/The  | 80000 | 8290400 |
| HNI Corp  | 177100 | 5913369 |
| Vestis Corp (b) | 678800 | 5335368 |
|  |  | 19539137 |
| Construction & Engineering - 2.0% |  |  |
| AECOM  | 75100 | 6369982 |
| Centuri Holdings Inc (b) | 327100 | 9554591 |
| WillScot Holdings Corp  | 258900 | 4494504 |
|  |  | 20419077 |
| Electrical Equipment - 0.9% |  |  |
| Regal Rexnord Corp  | 47400 | 8876124 |
| Ground Transportation - 2.5% |  |  |
| ArcBest Corp  | 95700 | 9413052 |
| Ryder System Inc  | 47000 | 9621370 |
| U-Haul Holding Co Class N  | 152700 | 6821109 |
|  |  | 25855531 |
| Machinery - 3.9% |  |  |
| Allison Transmission Holdings Inc  | 99200 | 11612352 |
| Gates Industrial Corp PLC (b) | 372500 | 8422225 |
| Oshkosh Corp  | 61100 | 8994531 |
| Terex Corp  | 160100 | 9461910 |
|  |  | 38491018 |
| Professional Services - 4.5% |  |  |
| Amentum Holdings Inc (b) | 286100 | 7461488 |
| First Advantage Corp (a)(b) | 641877 | 7548474 |
| KBR Inc  | 211600 | 7799576 |
| SS&C Technologies Holdings Inc  | 186600 | 12608562 |
| TransUnion  | 139300 | 9638167 |
|  |  | 45056267 |
| Trading Companies & Distributors - 0.6% |  |  |
| Herc Holdings Inc  | 66800 | 6649940 |
| TOTAL INDUSTRIALS |  | 204861146 |
| Information Technology - 10.8% |  |  |
| Electronic Equipment, Instruments & Components - 2.1% |  |  |
| Arrow Electronics Inc (b) | 80600 | 11558846 |
| Avnet Inc  | 168800 | 10401456 |
|  |  | 21960302 |
| IT Services - 0.8% |  |  |
| GoDaddy Inc Class A (b) | 93300 | 7713111 |
| Semiconductors & Semiconductor Equipment - 2.1% |  |  |
| First Solar Inc (b) | 47200 | 9310672 |
| ON Semiconductor Corp (b) | 192900 | 11944368 |
|  |  | 21255040 |
| Software - 0.6% |  |  |
| Gen Digital Inc  | 349800 | 6586734 |
| Technology Hardware, Storage & Peripherals - 5.2% |  |  |
| Sandisk Corp/DE (b) | 30200 | 19187268 |
| Western Digital Corp  | 125400 | 33919446 |
|  |  | 53106714 |
| TOTAL INFORMATION TECHNOLOGY |  | 110621901 |
| Materials - 5.7% |  |  |
| Chemicals - 2.5% |  |  |
| Corteva Inc  | 169500 | 14188845 |
| Mosaic Co/The  | 178700 | 4556850 |
| Scotts Miracle-Gro Co/The  | 114300 | 6950583 |
|  |  | 25696278 |
| Construction Materials - 0.8% |  |  |
| James Hardie Industries PLC (b) | 441400 | 8360116 |
| Containers & Packaging - 0.9% |  |  |
| Silgan Holdings Inc  | 116500 | 4520200 |
| Smurfit Westrock PLC  | 117800 | 4694330 |
|  |  | 9214530 |
| Metals & Mining - 1.5% |  |  |
| Constellium SE (b) | 289600 | 7118368 |
| Reliance Inc  | 27000 | 8205840 |
|  |  | 15324208 |
| TOTAL MATERIALS |  | 58595132 |
| Real Estate - 7.5% |  |  |
| Health Care REITs - 2.1% |  |  |
| Ventas Inc  | 130600 | 10680468 |
| Welltower Inc  | 52200 | 10320462 |
|  |  | 21000930 |
| Industrial REITs - 1.0% |  |  |
| Prologis Inc  | 76847 | 10157636 |
| Real Estate Management & Development - 0.8% |  |  |
| Jones Lang LaSalle Inc (b) | 27900 | 8490528 |
| Residential REITs - 0.9% |  |  |
| Sun Communities Inc  | 76300 | 9610748 |
| Specialized REITs - 2.7% |  |  |
| Equinix Inc  | 13900 | 13625336 |
| Iron Mountain Inc  | 136200 | 13911468 |
|  |  | 27536804 |
| TOTAL REAL ESTATE |  | 76796646 |
| Utilities - 5.5% |  |  |
| Electric Utilities - 3.5% |  |  |
| Constellation Energy Corp  | 26633 | 7437265 |
| Eversource Energy  | 131700 | 9124176 |
| NRG Energy Inc  | 55700 | 8139998 |
| PG&E Corp  | 620500 | 10902185 |
|  |  | 35603624 |
| Independent Power and Renewable Electricity Producers - 0.7% |  |  |
| Vistra Corp  | 48600 | 7306038 |
| Multi-Utilities - 1.3% |  |  |
| Sempra  | 132700 | 12894459 |
| TOTAL UTILITIES |  | 55804121 |
| TOTAL UNITED STATES |  | 932384298 |
| ZAMBIA - 0.4%  |  |  |
| Materials - 0.4% |  |  |
| Metals & Mining - 0.4% |  |  |
| First Quantum Minerals Ltd (b) | 184800 | 4418408 |
| <br> **TOTAL COMMON STOCKS**<br> (Cost $878,659,649) |  | <br> **1026465547** |

---

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Money Market Funds - 6.3%** | &nbsp;&nbsp;**Money Market Funds - 6.3%** | &nbsp;&nbsp;**Money Market Funds - 6.3%** | &nbsp;&nbsp;**Money Market Funds - 6.3%** |
|  | Yield (%) | Shares | Value ($)<br>|
| Fidelity Securities Lending Cash Central Fund (f)(g)<br>(Cost $65,244,618)<br>| 3.69 | 65238094 | **65244618** |

---

---

| | |
|:---|:---|
| <br> **TOTAL INVESTMENT IN SECURITIES - 106.6%**<br> (Cost $943,904,267)<br>| <br>**1091710165** |
| **NET OTHER ASSETS (LIABILITIES) - (6.6)%**  | **(67870489)** |
| **NET ASSETS - 100.0%** | **1023839676** |

---

**Legend**

(a) Security or a portion of the security is on loan at period end.

(b) Non-income producing.

(c) Security or a portion of the security purchased on a delayed delivery or when-issued basis.

(d) Security exempt from registration under Regulation S of the Securities Act of 1933 and may be resold to qualified foreign investors outside of the United States. At the end of the period, the value of securities amounted to $4,147,960 or 0.4% of net assets.

(e) Security exempt from registration under Rule 144A of the Securities Act of 1933. These securities may be resold in transactions exempt from registration, normally to qualified institutional buyers. At the end of the period, the value of these securities amounted to $4,147,960 or 0.4% of net assets.

(f) Affiliated fund that is generally available only to investment companies and other accounts managed by Fidelity Investments. The rate quoted is the annualized seven-day yield of the fund at period end. A complete unaudited listing of the fund's holdings as of its most recent quarter end is available upon request. In addition, each Fidelity Central Fund's financial statements are available on the SEC's website or upon request.

(g) Investment made with cash collateral received from securities on loan.

At period end, the value of non-cash collateral for securities on loan amounted to $2,101,594.

**Affiliated Central Funds**

Fiscal year to date information regarding the Fund's investments in Fidelity Central Funds, including the ownership percentage, is presented below.

---

| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Affiliate  | Value,<br> beginning<br> of period ($) | Purchases ($) | Sales<br> Proceeds ($) | Dividend<br> Income ($) | Realized<br> Gain (loss) ($) | Change in<br> Unrealized<br> appreciation<br> (depreciation) ($) | Value,<br> end<br> of period ($) | <br>Shares,<br> end<br> of period  | % ownership,<br> end<br> of period |
| Fidelity Cash Central Fund | 1477179 | 121278045 | 122755224 | 128813 | (55) | 55 | - | - | 0.0% |
| Fidelity Securities Lending Cash Central Fund | 39836735 | 68230183 | 42822300 | 20041 | - | - | 65244618 | 65238094 | 0.2% |
| Total | 41313914 | 189508228 | 165577524 | 148854 | (55) | 55 | 65244618 |  |  |

---

Amounts in the dividend income column in the above table include any capital gain distributions from underlying funds.

Amounts in the dividend income column for Fidelity Securities Lending Cash Central Fund represents the income earned on investing cash collateral, less rebates paid to borrowers and any lending agent fees associated with the loan, plus any premium income received for lending certain types of securities.

**Investment Valuation**

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Securities transactions are accounted for as of trade date. The Board of Trustees (the Board) has designated the Fund's investment adviser as the valuation designee responsible for the fair valuation function and performing fair value determinations as needed. The investment adviser has established a Fair Value Committee (the Committee) to carry out the day-to-day fair valuation responsibilities and has adopted policies and procedures to govern the fair valuation process and the activities of the Committee. In accordance with these fair valuation policies and procedures, which have been approved by the Board, the Fund attempts to obtain prices from one or more third party pricing services or brokers to value its investments. When current market prices, quotations or currency exchange rates are not readily available or reliable, investments will be fair valued in good faith by the Committee, in accordance with the policies and procedures. Factors used in determining fair value vary by investment type and may include market or investment specific events, transaction data, estimated cash flows, and market observations of comparable investments. The frequency that the fair valuation procedures are used cannot be predicted and they may be utilized to a significant extent. The Committee manages the Fund's fair valuation practices and maintains the fair valuation policies and procedures. The Fund's investment adviser reports to the Board information regarding the fair valuation process and related material matters.

The inputs to valuation techniques used to value investments are categorized into a disclosure hierarchy consisting of three levels as shown below:

Level 1 - Unadjusted quoted prices in active markets for identical investments

Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, etc.)

Level 3 - unobservable inputs (including the Fund's own assumptions based on the best information available)

Valuation techniques used to value investments by major category are as follows:

Equity securities, including restricted securities, for which market quotations are readily available, are valued at the last reported sale price or official closing price as reported by a third party pricing service on the primary market or exchange on which they are traded and are categorized as Level 1 in the hierarchy. In the event there were no sales during the day or closing prices are not available, securities are valued at the last quoted bid price or may be valued using the last available price and are generally categorized as Level 2 in the hierarchy. For any foreign equity securities, when market or security specific events arise, comparisons to the valuation of American Depositary Receipts (ADRs), futures contracts, Exchange-Traded Funds (ETFs) and certain indexes as well as quoted prices for similar securities may be used and would be categorized as Level 2 in the hierarchy. For equity securities, including restricted securities, where observable inputs are limited, assumptions about market activity and risk are used and these securities may be categorized as Level 3 in the hierarchy.

Investments in any open-end mutual funds are valued at their closing net asset value (NAV) each business day and are categorized as Level 1 in the hierarchy.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy.

For additional information on the Fund's significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

*The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please see the fund's most recent prospectus and annual report.*

*Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Variable Insurance Products Fund III

- **b. Investment Company Act file number:** 811-07205

- **c. CIK number of Registrant:** 0000927384

- **d. LEI of Registrant:** C88PZA3GJP7OWPNW6V03

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** VIP Value Strategies Portfolio

- **b. EDGAR series identifier (if any):** S000007735

- **c. LEI of Series:** 518QRX46BNFPZQYG2M48

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

- **a. Date of fiscal year-end:** 2026-12-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1090628634.81

**Total Liabilities:** $67285319.81

**Net Assets:** $1023343315.00

**Delayed Delivery Securities:** $69702.15

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000021046 | 8.16%                | 4.93%                | -6.36%               |
| Class ID C000021047 | 8.13%                | 4.96%                | -6.39%               |
| Class ID C000021048 | 8.10%                | 4.92%                | -6.32%               |
| Class ID C000021049 | 8.13%                | 4.94%                | -6.33%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $34592976.80             | $43340020.99                               |
| Month 2  | $23201042.92             | $27100230.23                               |
| Month 3  | $14658200.61             | $-85581189.13                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ACADIA HEALTHCARE CO INC         | ACADIA HEALTHCARE CO INC                      | CUSIP: 00404A109<br>LEI: 5493005CW985Y9D0NC11 | Long             | EC               | CORP              | US        |    434700 | NS      | $10167633.00  | 0.99%             |  |  |  | No            |                  1 | On Loan: —       |
| AECOM                            | AECOM                                         | CUSIP: 00766T100<br>LEI: 0EEB8GF0W0NPCIHZX097 | Long             | EC               | CORP              | US        |     75100 | NS      | $6369982.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| ALLISON TRANSMISSION HLDGS INC   | ALLISON TRANSMISSION HLDGS INC                | CUSIP: 01973R101<br>LEI: 529900RP7DJ882LI9T83 | Long             | EC               | CORP              | US        |     99200 | NS      | $11612352.00  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| ARCBEST CORP                     | ARCBEST CORP                                  | CUSIP: 03937C105<br>LEI: 5493006S3KBNE8ZS3J23 | Long             | EC               | CORP              | US        |     95700 | NS      | $9413052.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| ARROW ELECTRONICS INC            | ARROW ELECTRONICS INC                         | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |     80600 | NS      | $11558846.00  | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| AVNET INC                        | AVNET INC                                     | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |    168800 | NS      | $10401456.00  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| BRP INC                          | BRP INC                                       | CUSIP: 05577W200<br>LEI: 529900EPQGESIRCPY551 | Long             | EC               | CORP              | CA        |     85100 | NS      | $6117461.00   | 0.60%             |  |  |  | No            |                  1 | On Loan: —       |
| GALP ENERGIA SGPS SA             | GALP ENERGIA SGPS SA                          | CUSIP: N/A<br>LEI: 2138003319Y7NM75FG53       | Long             | EC               | CORP              | PT        |    469100 | NS      | $11247890.75  | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| BRINKS CO                        | BRINKS CO                                     | CUSIP: 109696104<br>LEI: XFP140TFNOQMIVFTVQ13 | Long             | EC               | CORP              | US        |     80000 | NS      | $8290400.00   | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| CVS HEALTH CORP                  | CVS HEALTH CORP                               | CUSIP: 126650100<br>LEI: 549300EJG376EN5NQE29 | Long             | EC               | CORP              | US        |    145700 | NS      | $10464174.00  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| CENOVUS ENERGY INC               | CENOVUS ENERGY INC                            | CUSIP: 15135U109<br>LEI: 549300F4XPHJ7NOSP309 | Long             | EC               | CORP              | CA        |    358300 | NS      | $9509335.06   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| SIGNET JEWELERS LTD              | SIGNET JEWELERS LTD                           | CUSIP: N/A<br>LEI: 549300N3XPGE91WV7M22       | Long             | EC               | CORP              | BM        |     62200 | NS      | $5264608.00   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| DARLING INGREDIENTS INC          | DARLING INGREDIENTS INC                       | CUSIP: 237266101<br>LEI: L1N0SPPKS7EXZYUMZ898 | Long             | EC               | CORP              | US        |    204063 | NS      | $12621296.55  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| KEURIG DR PEPPER INC             | KEURIG DR PEPPER INC                          | CUSIP: 49271V100<br>LEI: DYTQ8KRTKO7Y2BVU5K74 | Long             | EC               | CORP              | US        |    290300 | NS      | $7643599.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| EAST WEST BANCORP INC            | EAST WEST BANCORP INC                         | CUSIP: 27579R104<br>LEI: 254900O4X656YXFOYB11 | Long             | EC               | CORP              | US        |     90793 | NS      | $9693060.68   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| EQUINIX INC                      | EQUINIX INC                                   | CUSIP: 29444U700<br>LEI: 549300EVUN2BTLJ3GT74 | Long             | EC               | CORP              | US        |     13900 | NS      | $13625336.00  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERSOURCE ENERGY                | EVERSOURCE ENERGY                             | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |    131700 | NS      | $9124176.00   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| FEDEX CORP                       | FEDEX CORP                                    | CUSIP: 31428X106<br>LEI: 549300E707U7WNPZN687 | Long             | EC               | CORP              | US        |     26800 | NS      | $9545624.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust     | Fidelity Securities Lending Cash Central Fund | CUSIP: 31635A303<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  66568953 | NS      | $66575610.06  | 6.51%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST AMERICAN FINANCIAL CORP    | FIRST AMERICAN FINANCIAL CORP                 | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |    111270 | NS      | $6708468.30   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST CITIZENS BANCSHARES INC/NC | FIRST CITIZENS BANCSHARES INC CL A            | CUSIP: 31946M103<br>LEI: 549300N3Z00ZHE2XC526 | Long             | EC               | CORP              | US        |      5300 | NS      | $9988698.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST QUANTUM MINERALS LTD       | FIRST QUANTUM MINERALS LTD                    | CUSIP: 335934105<br>LEI: 549300I7UVBGWRYMYZ18 | Long             | EC               | CORP              | CA        |    184800 | NS      | $4418408.45   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| FIRST SOLAR INC                  | FIRST SOLAR INC                               | CUSIP: 336433107<br>LEI: 549300NPYMLM4NHTOF27 | Long             | EC               | CORP              | US        |     47200 | NS      | $9310672.00   | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| CORPAY INC                       | CORPAY INC                                    | CUSIP: 219948106<br>LEI: 549300DG6RR0NQSFLN74 | Long             | EC               | CORP              | US        |     22400 | NS      | $6518176.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| GALLAGHER (ARTHUR J.) and CO     | ARTHUR J GALLAGHAR AND CO                     | CUSIP: 363576109<br>LEI: 54930049QLLMPART6V29 | Long             | EC               | CORP              | US        |     30600 | NS      | $6627348.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| GILDAN ACTIVEWEAR INC            | GILDAN ACTIVEWEAR INC                         | CUSIP: 375916103<br>LEI: 549300SB3IBI34M00Z45 | Long             | EC               | CORP              | CA        |    161400 | NS      | $8988324.35   | 0.88%             |  |  |  | No            |                  1 | On Loan: —       |
| GLOBAL PAYMENTS INC              | GLOBAL PAYMENTS INC                           | CUSIP: 37940X102<br>LEI: 549300NOMHGVQBX6S778 | Long             | EC               | CORP              | US        |    148300 | NS      | $9980590.00   | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| GODADDY INC                      | GODADDY INC CL A                              | CUSIP: 380237107<br>LEI: 549300J8H1TB0I2CB447 | Long             | EC               | CORP              | US        |     93300 | NS      | $7713111.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| HNI CORP                         | HNI CORP                                      | CUSIP: 404251100<br>LEI: 549300SKRADLC4O5HV93 | Long             | EC               | CORP              | US        |    177100 | NS      | $5913369.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| HERC HOLDINGS INC                | HERC HOLDINGS INC                             | CUSIP: 42704L104<br>LEI: 549300TP80QLITMSBP82 | Long             | EC               | CORP              | US        |     66800 | NS      | $6649940.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| IMPERIAL OIL LTD                 | IMPERIAL OIL LTD                              | CUSIP: 453038408<br>LEI: 549300MO45LTBPAU4Z27 | Long             | EC               | CORP              | CA        |    132400 | NS      | $17342106.25  | 1.69%             |  |  |  | No            |                  1 | On Loan: —       |
| IRON MOUNTAIN INC                | IRON MOUNTAIN INC                             | CUSIP: 46284V101<br>LEI: SQL3F6CKNNBM3SQGHX24 | Long             | EC               | CORP              | US        |    136200 | NS      | $13911468.00  | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| JAMES HARDIE INDUSTRIES PLC      | JAMES HARDIE IND PLC                          | CUSIP: N/A<br>LEI: 635400NSGXKTVOO7JU45       | Long             | EC               | CORP              | IE        |    441400 | NS      | $8360116.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| JONES LANG LASALLE INC           | JONES LANG LASALLE INC                        | CUSIP: 48020Q107<br>LEI: 6SYKCME112RT8TQUO411 | Long             | EC               | CORP              | US        |     27900 | NS      | $8490528.00   | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| KBR INC                          | KBR INC                                       | CUSIP: 48242W106<br>LEI: 254900OFQDXZRKRCV808 | Long             | EC               | CORP              | US        |    211600 | NS      | $7799576.00   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| BATH and BODY WORKS INC          | BATH and BODY WORKS INC                       | CUSIP: 070830104<br>LEI: GR3KVMWVCR54YWQNXU90 | Long             | EC               | CORP              | US        |    557400 | NS      | $10406658.00  | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| LPL FINANCIAL HOLDINGS INC       | LPL FINL HLDGS INC                            | CUSIP: 50212V100<br>LEI: 549300XROQ4Y8G2L7682 | Long             | EC               | CORP              | US        |     34500 | NS      | $10378635.00  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| LANTHEUS HOLDINGS INC            | LANTHEUS HLDGS INC                            | CUSIP: 516544103<br>LEI: 5299005HUB5IOJGO7S39 | Long             | EC               | CORP              | US        |    124400 | NS      | $9435740.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| LITHIA MOTORS INC                | LITHIA MOTORS INC                             | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |     35000 | NS      | $8740200.00   | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| METHANEX CORP                    | METHANEX CORP                                 | CUSIP: 59151K108<br>LEI: 549300TSJHRXT9QXRD13 | Long             | EC               | CORP              | CA        |    110500 | NS      | $6579170.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: —       |
| MOHAWK INDUSTRIES INC            | MOHAWK INDUSTRIES INC                         | CUSIP: 608190104<br>LEI: 549300JI1115MG3Q6322 | Long             | EC               | CORP              | US        |     60700 | NS      | $5976522.00   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| MOLINA HEALTHCARE INC            | MOLINA HEALTHCARE INC                         | CUSIP: 60855R100<br>LEI: 549300NQQCEQ46YHZ591 | Long             | EC               | CORP              | US        |     77800 | NS      | $10370740.00  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| ICON PLC                         | ICON PLC                                      | CUSIP: N/A<br>LEI: 6354008SRQGEMC4XFI67       | Long             | EC               | CORP              | IE        |     74400 | NS      | $8233104.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLIUM SE                   | CONSTELLIUM SE                                | CUSIP: N/A<br>LEI: 724500KRJEMC79KAAU28       | Long             | EC               | CORP              | FR        |    289600 | NS      | $7118368.00   | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| MOSAIC CO                        | MOSAIC CO NEW                                 | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |    178700 | NS      | $4556850.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| MURPHY USA INC                   | MURPHY USA INC                                | CUSIP: 626755102<br>LEI: 549300Y081F8XIKQIO72 | Long             | EC               | CORP              | US        |     11700 | NS      | $5779449.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| NRG ENERGY INC                   | NRG ENERGY INC                                | CUSIP: 629377508<br>LEI: 5E2UPK5SW04M13XY7I38 | Long             | EC               | CORP              | US        |     55700 | NS      | $8139998.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| EXPRO GROUP HOLDINGS NV          | EXPRO GROUP HOLDINGS NV                       | CUSIP: N/A<br>LEI: 724500LJYA8QIT73H017       | Long             | EC               | CORP              | NL        |    752900 | NS      | $13107989.00  | 1.28%             |  |  |  | No            |                  1 | On Loan: —       |
| NEXSTAR MEDIA GROUP INC          | NEXSTAR MEDIA GROUP INC                       | CUSIP: 65336K103<br>LEI: 52990083ZRR5UT591988 | Long             | EC               | CORP              | US        |     49600 | NS      | $8969168.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| ON SEMICONDUCTOR CORP            | ON SEMICONDUCTOR CORP                         | CUSIP: 682189105<br>LEI: ZV20P4CNJVT8V1ZGJ064 | Long             | EC               | CORP              | US        |    192900 | NS      | $11944368.00  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEMAIN HLDGS INC                | ONEMAIN HOLDINGS INC                          | CUSIP: 68268W103<br>LEI: 549300E3VEW8SMS5XW09 | Long             | EC               | CORP              | US        |    157700 | NS      | $8435373.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| OSHKOSH CORP                     | OSHKOSH CORP                                  | CUSIP: 688239201<br>LEI: 549300FEKNPCFSA2B506 | Long             | EC               | CORP              | US        |     61100 | NS      | $8994531.00   | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| PG and E CORP                    | PG and E CORP                                 | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |    620500 | NS      | $10902185.00  | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| PATRICK INDUSTRIES INC           | PATRICK INDUSTRIES INC                        | CUSIP: 703343103<br>LEI: 549300FZ5ZTCCJ3Z5W14 | Long             | EC               | CORP              | US        |     87476 | NS      | $9715959.32   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| PERFORMANCE FOOD GROUP CO        | PERFORMANCE FOOD GROUP CO                     | CUSIP: 71377A103<br>LEI: 549300EUK8GR9IT1YK57 | Long             | EC               | CORP              | US        |     77700 | NS      | $6655782.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| POPULAR INC                      | POPULAR INC                                   | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |     79000 | NS      | $10599430.00  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| PROLOGIS INC                     | PROLOGIS INC REIT                             | CUSIP: 74340W103<br>LEI: 529900DFH19P073LZ636 | Long             | EC               | CORP              | US        |     76847 | NS      | $10157636.46  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL PLC                   | PRUDENTIAL PLC                                | CUSIP: N/A<br>LEI: 5493001Z3ZE83NGK8Y12       | Long             | EC               | CORP              | GB        |    372100 | NS      | $5173349.36   | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| IQVIA HOLDINGS INC               | IQVIA HOLDINGS INC                            | CUSIP: 46266C105<br>LEI: 549300W3R20NM4KQPH86 | Long             | EC               | CORP              | US        |     59500 | NS      | $10147130.00  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| RAYMOND JAMES FINANCIAL INC.     | RAYMOND JAMES FINANCIAL INC.                  | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |     85200 | NS      | $12336108.00  | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| REGAL REXNORD CORP               | REGAL REXNORD CORP                            | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |     47400 | NS      | $8876124.00   | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| REINSURANCE GROUP OF AMERICA INC | REINSURANCE GROUP OF AMERICA                  | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |     46005 | NS      | $9392380.80   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| RELIANCE INC                     | RELIANCE INC                                  | CUSIP: 759509102<br>LEI: 549300E287ZOFT3C5Z56 | Long             | EC               | CORP              | US        |     27000 | NS      | $8205840.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| CELLNEX TELECOM SAU              | CELLNEX TELECOM SAU                           | CUSIP: N/A<br>LEI: 5493008T4YG3AQUI7P67       | Long             | EC               | CORP              | ES        |    129000 | NS      | $4147960.80   | 0.41%             |  |  |  | No            |                  2 | On Loan: No      |
| UPBOUND GROUP INC                | UPBOUND GROUP INC                             | CUSIP: 76009N100<br>LEI: 529900QUHE15UQNCCJ63 | Long             | EC               | CORP              | US        |    404800 | NS      | $7306640.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: —       |
| RYDER SYSTEM INC                 | RYDER SYSTEM INC                              | CUSIP: 783549108<br>LEI: ZXJ6Y2OSPZXIVGRILD15 | Long             | EC               | CORP              | US        |     47000 | NS      | $9621370.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| SLM CORP                         | SLM CORP                                      | CUSIP: 78442P106<br>LEI: 4K8SLPBF5DXXGPW03H93 | Long             | EC               | CORP              | US        |    274500 | NS      | $5877045.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| SS and C TECHNOLOGIES HLDGS INC  | SS and C TECHNOLOGIES HOLDINGS INC            | CUSIP: 78467J100<br>LEI: 529900POY8H7NPPNKK71 | Long             | EC               | CORP              | US        |    186600 | NS      | $12608562.00  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| WILLSCOT HOLDINGS CORP           | WILLSCOT HOLDINGS CORP                        | CUSIP: 971378104<br>LEI: 549300HJ4VIXF476Q166 | Long             | EC               | CORP              | US        |    258900 | NS      | $4494504.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| SCOTTS MIRACLE GRO CO (THE)      | SCOTTS MIRACLE GRO CO                         | CUSIP: 810186106<br>LEI: 2TH9E0JTOUXOEGI2R879 | Long             | EC               | CORP              | US        |    114300 | NS      | $6950583.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| SEMPRA                           | SEMPRA                                        | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |    132700 | NS      | $12894459.00  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SILGAN HOLDINGS INC              | SILGAN HOLDINGS INC                           | CUSIP: 827048109<br>LEI: KAF673KJXD92C8KSLU49 | Long             | EC               | CORP              | US        |    116500 | NS      | $4520200.00   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| SUN COMMUNITIES INC              | SUN COMMUNITIES INC - REIT                    | CUSIP: 866674104<br>LEI: 549300H5GEOJYN41ZG57 | Long             | EC               | CORP              | US        |     76300 | NS      | $9610748.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| SUNOCO LP                        | SUNOCO LP                                     | CUSIP: 86765K109<br>LEI: 54930001NJU8E40NQ561 | Long             | EC               | CORP              | US        |     90300 | NS      | $5866791.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| GEN DIGITAL INC                  | GEN DIGITAL INC                               | CUSIP: 668771108<br>LEI: YF6ZV0M6AU4FY94MK914 | Long             | EC               | CORP              | US        |    349800 | NS      | $6586734.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| TARGA RES CORP                   | TARGA RESOURCES CORP                          | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     53500 | NS      | $13414055.00  | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| SOMNIGROUP INTERNATIONAL INC     | SOMNIGROUP INTERNATIONAL INC                  | CUSIP: 88023U101<br>LEI: 549300HFEKVR3US71V91 | Long             | EC               | CORP              | US        |     94700 | NS      | $7000224.00   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| TEREX CORP                       | TEREX CORP                                    | CUSIP: 880779103<br>LEI: YAWJZJYEQ7M1SYMOS462 | Long             | EC               | CORP              | US        |    160100 | NS      | $9461910.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| TEXTRON INC                      | TEXTRON INC                                   | CUSIP: 883203101<br>LEI: 3PPKBHUG1HD6BO7RNR87 | Long             | EC               | CORP              | US        |     74800 | NS      | $6549488.00   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| TFI INTERNATIONAL INC            | TFI INTERNATIONAL INC                         | CUSIP: 87241L109<br>LEI: 5493007R9W7KO7SJN678 | Long             | EC               | CORP              | CA        |     56900 | NS      | $6193514.48   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| TRANSUNION                       | TRANSUNION                                    | CUSIP: 89400J107<br>LEI: 549300ZS772LUNUMRB03 | Long             | EC               | CORP              | US        |    139300 | NS      | $9638167.00   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| TRAVELERS COS INC                | TRAVELERS COMPANIES INC                       | CUSIP: 89417E109<br>LEI: 549300Y650407RU8B149 | Long             | EC               | CORP              | US        |     33600 | NS      | $9800448.00   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| UNITED PARCEL SERVICE INC        | UNITED PARCEL SERVICE INC CL B                | CUSIP: 911312106<br>LEI: D01LMJZU09ULLNCY6Z23 | Long             | EC               | CORP              | US        |     82800 | NS      | $8145864.00   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| UFP INDUSTRIES INC               | UFP INDUSTRIES INC                            | CUSIP: 90278Q108<br>LEI: 5493007KB485C9OV5572 | Long             | EC               | CORP              | US        |     68800 | NS      | $6337856.00   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| VENTAS INC                       | VENTAS INC REIT                               | CUSIP: 92276F100<br>LEI: ORQTRC074CWLT3DKHT41 | Long             | EC               | CORP              | US        |    130600 | NS      | $10680468.00  | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| WELLTOWER INC                    | WELLTOWER INC                                 | CUSIP: 95040Q104<br>LEI: 254900F33BIAR82QTA19 | Long             | EC               | CORP              | US        |     52200 | NS      | $10320462.00  | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| WESTERN DIGITAL CORP             | WESTERN DIGITAL CORP                          | CUSIP: 958102105<br>LEI: 549300QQXOOYEF89IC56 | Long             | EC               | CORP              | US        |    125400 | NS      | $33919446.00  | 3.31%             |  |  |  | No            |                  1 | On Loan: No      |
| WEX INC                          | WEX INC                                       | CUSIP: 96208T104<br>LEI: T9M5IGROL1TL1G5OV478 | Long             | EC               | CORP              | US        |     61500 | NS      | $9411960.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| HILTON GRAND VACATIONS INC       | HILTON GRAND VACATIONS INC                    | CUSIP: 43283X105<br>LEI: 549300O9K6MFD8D07574 | Long             | EC               | CORP              | US        |    127600 | NS      | $4991712.00   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| VISTRA CORP                      | VISTRA CORP                                   | CUSIP: 92840M102<br>LEI: 549300KP43CPCUJOOG15 | Long             | EC               | CORP              | US        |     48600 | NS      | $7306038.00   | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| GATES INDUSTRIAL CORP PLC        | GATES INDUSTRIAL CORP PLC                     | CUSIP: N/A<br>LEI: 549300S6K4FWUSB9KM27       | Long             | EC               | CORP              | GB        |    372500 | NS      | $8422225.00   | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| ADAPTHEALTH CORP                 | ADAPTHEALTH CORP                              | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    725900 | NS      | $8638210.00   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| CIGNA GROUP (THE)                | CIGNA GROUP (THE)                             | CUSIP: 125523100<br>LEI: 549300VIWYMSIGT1U456 | Long             | EC               | CORP              | US        |     29700 | NS      | $7922475.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| CORTEVA INC                      | CORTEVA INC                                   | CUSIP: 22052L104<br>LEI: 549300WZN9I2QKLS0O94 | Long             | EC               | CORP              | US        |    169500 | NS      | $14188845.00  | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| WEATHERFORD INTERNATIONAL PLC    | WEATHERFORD INTERNATIONAL PLC                 | CUSIP: N/A<br>LEI: 529900LPBDSCQDJKHQ39       | Long             | EC               | CORP              | IE        |    124800 | NS      | $11803584.00  | 1.15%             |  |  |  | No            |                  1 | On Loan: No      |
| ZOOMINFO TECHNOLOGIES INC        | ZOOMINFO TECHNOLOGIES INC                     | CUSIP: 98980F104<br>LEI: 2549008GSAHW4UWFEM58 | Long             | EC               | CORP              | US        |    670900 | NS      | $4011982.00   | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| BLUE OWL CAPITAL INC             | BLUE OWL CAPITAL INC A                        | CUSIP: 09581B103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    643600 | NS      | $5876068.00   | 0.57%             |  |  |  | No            |                  1 | On Loan: —       |
| DRIVEN BRANDS HOLDINGS INC       | DRIVEN BRANDS HOLDINGS INC                    | CUSIP: 26210V102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    625400 | NS      | $7886294.00   | 0.77%             |  |  |  | No            |                  1 | On Loan: —       |
| FIRST ADVANTAGE CORP             | FIRST ADVANTAGE CORP                          | CUSIP: 31846B108<br>LEI: 549300RNJ0PXU8FP7D06 | Long             | EC               | CORP              | US        |    629877 | NS      | $7407353.52   | 0.72%             |  |  |  | No            |                  1 | On Loan: —       |
| GXO LOGISTICS INC                | GXO LOGISTICS INC                             | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |    181200 | NS      | $9395220.00   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| REMITLY GLOBAL INC               | REMITLY GLOBAL INC                            | CUSIP: 75960P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    488700 | NS      | $7657929.00   | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| APOLLO GLOBAL MANAGEMENT, INC    | APOLLO GLOBAL MANAGEMENT INC                  | CUSIP: 03769M106<br>LEI: 254900LMFT1CY9IYB476 | Long             | EC               | CORP              | US        |    107500 | NS      | $11977650.00  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| CONSTELLATION ENERGY CORP        | CONSTELLATION ENERGY CORP                     | CUSIP: 21037T109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26633 | NS      | $7437265.25   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| QUIDELORTHO CORP                 | QUIDELORTHO CORP                              | CUSIP: 219798105<br>LEI: 549300YU8CMO9HF53113 | Long             | EC               | CORP              | US        |    339700 | NS      | $5581271.00   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| NOBLE CORP PLC                   | NOBLE CORP PLC                                | CUSIP: N/A<br>LEI: 549300I3HBUNXO0OG954       | Long             | EC               | CORP              | GB        |    244500 | NS      | $11997615.00  | 1.17%             |  |  |  | No            |                  1 | On Loan: —       |
| U-HAUL HOLDING CO                | U-HAUL HOLDING CO                             | CUSIP: 023586506<br>LEI: 5493003WIDMLDHYC6Y24 | Long             | EC               | CORP              | US        |    152700 | NS      | $6821109.00   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| VESTIS CORP                      | VESTIS                                        | CUSIP: 29430C102<br>LEI: 254900QDW0TA2TMFAP59 | Long             | EC               | CORP              | US        |    678800 | NS      | $5335368.00   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| BUNGE GLOBAL SA                  | BUNGE GLOBAL SA                               | CUSIP: N/A<br>LEI: 254900IVXSV9K0B7PO26       | Long             | EC               | CORP              | CH        |     87200 | NS      | $11091840.00  | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| CENTURI HOLDINGS INC             | CENTURI HOLDINGS INC                          | CUSIP: 155923105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    327100 | NS      | $9554591.00   | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| SOLVENTUM CORP                   | SOLVENTUM CORP                                | CUSIP: 83444M101<br>LEI: 254900I70403OSGY4M28 | Long             | EC               | CORP              | US        |     88300 | NS      | $5765990.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| MAREX GROUP PLC                  | MAREX GROUP PLC                               | CUSIP: N/A<br>LEI: 549300DWX0SVICJAL507       | Long             | EC               | CORP              | GB        |    220100 | NS      | $9812058.00   | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| SMURFIT WESTROCK PLC             | SMURFIT WESTROCK PLC                          | CUSIP: N/A<br>LEI: 635400EGSEOPDW2EXS14       | Long             | EC               | CORP              | IE        |    117800 | NS      | $4694330.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| AMENTUM HOLDINGS INC             | AMENTUM HOLDINGS INC                          | CUSIP: 023939101<br>LEI: 2549009FJIBLW40CU216 | Long             | EC               | CORP              | US        |    286100 | NS      | $7461488.00   | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| PRIMO BRANDS CORP                | PRIMO BRANDS CORP A                           | CUSIP: 741623102<br>LEI: 254900J0WS4AXV2LAX55 | Long             | EC               | CORP              | US        |    634600 | NS      | $11949518.00  | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SANDISK CORP/DE                  | SANDISK CORPORATION                           | CUSIP: 80004C200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30200 | NS      | $19187268.00  | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| PRUDENTIAL PLC                   | PRUDENTIAL PLC-ENT RT                         | CUSIP: N/A<br>LEI: 5493001Z3ZE83NGK8Y12       | Long             | EC               | CORP              | GB        |    372100 | NS      | $69702.15     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Stacie M. Smith

**Signature:** Stacie M. Smith

**Name of Signer:** Stacie M. Smith

**Title:** President and Treasurer