# EDGAR Filing Document

**Accession Number:** 0001378872
**File Stem:** 0001378872-25-000309
**Filing Date:** 2025-10
**Character Count:** 63200
**Document Hash:** ad918a90596beb1b2f37b2ce261f54ca
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001378872-25-000309.hdr.sgml**: 20251028

**ACCESSION NUMBER**: 0001378872-25-000309

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251028

**DATE AS OF CHANGE**: 20251028

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Invesco Exchange-Traded Fund Trust II
- **CENTRAL INDEX KEY:** 0001378872

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21977
- **FILM NUMBER:** 251422014

**BUSINESS ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515
- **BUSINESS PHONE:** 800-983-0903

**MAIL ADDRESS:**
- **STREET 1:** 3500 LACEY ROAD
- **STREET 2:** SUITE 700
- **CITY:** DOWNERS GROVE
- **STATE:** IL
- **ZIP:** 60515

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PowerShares Exchange-Traded Fund Trust II
- **DATE OF NAME CHANGE:** 20070919

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PowerShares Global Exchange-Traded Fund Trust
- **DATE OF NAME CHANGE:** 20061023

## Series and Classes Contracts Data

### Invesco S&P SmallCap Financials ETF (Series ID: S000028298)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000086473 | Invesco S&P SmallCap Financials ETF | PSCF            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Invesco Exchange-Traded Fund Trust II

- **b. Investment Company Act file number:** 811-21977

- **c. CIK number of Registrant:** 0001378872

- **d. LEI of Registrant:** O540V2L4S174Y60FMD36

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

  - **Street Address 1:** 3500 Lacey Road

  - **City:** Downers Grove

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60515

  - **Telephone number:** 800-983-0903

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

- **a. Name of Series:** Invesco S&P SmallCap Financials ETF

- **b. EDGAR series identifier (if any):** S000028298

- **c. LEI of Series:** 5493000XQDG1G4TON220

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-31

**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:** $22239853.12

**Total Liabilities:** $2800651.40

**Net Assets:** $19439201.72

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000086473 | 4.26%                | 0.31%                | 8.21%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $128167.78               | $573247.86                                 |
| Month 2  | $97223.39                | $-54271.57                                 |
| Month 3  | $-56197.14               | $1428888.91                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Independent Bank Corp.                      | Independent Bank Corp.                                     | CUSIP: 453836108<br>LEI: 549300C5K3W8THR3GE10 | Long             | EC               | CORP              | US        |      2412 | NS      | $172482.12    | 0.89%             |  |  |  | No            |                  1 | On Loan: —       |
| United Fire Group, Inc.                     | United Fire Group, Inc.                                    | CUSIP: 910340108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1068 | NS      | $32830.32     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson Financial Inc.                      | Jackson Financial Inc., Class A                            | CUSIP: 46817M107<br>LEI: 213800WXW2KG1N4CO374 | Long             | EC               | CORP              | US        |      3537 | NS      | $349455.60    | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Preferred Bank                              | Preferred Bank                                             | CUSIP: 740367404<br>LEI: 5493007K6HGI9G0ECX16 | Long             | EC               | CORP              | US        |       578 | NS      | $54563.20     | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| NBT Bancorp Inc.                            | NBT Bancorp Inc.                                           | CUSIP: 628778102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2585 | NS      | $114437.95    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Seacoast Banking Corp. of Florida           | Seacoast Banking Corp. of Florida                          | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |      4204 | NS      | $130786.44    | 0.67%             |  |  |  | No            |                  1 | On Loan: —       |
| Bread Financial Holdings, Inc.              | Bread Financial Holdings, Inc.                             | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |      2317 | NS      | $153362.23    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| BancFirst Corp.                             | BancFirst Corp.                                            | CUSIP: 05945F103<br>LEI: 549300EJEHGBP4IO2J30 | Long             | EC               | CORP              | US        |       994 | NS      | $132172.18    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander & Baldwin, Inc.                   | Alexander & Baldwin, Inc.                                  | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3576 | NS      | $69159.84     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Pacific Financial Corp.             | Central Pacific Financial Corp.                            | CUSIP: 154760409<br>LEI: 549300W3YEAOZ4KGG849 | Long             | EC               | CORP              | US        |      1348 | NS      | $42219.36     | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| WaFd, Inc.                                  | WaFd, Inc.                                                 | CUSIP: 938824109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3962 | NS      | $124604.90    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of Hawaii Corp.                        | Bank of Hawaii Corp.                                       | CUSIP: 062540109<br>LEI: 5493006Q8BQ8AD8M2U33 | Long             | EC               | CORP              | US        |      1979 | NS      | $134809.48    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Walker & Dunlop, Inc.                       | Walker & Dunlop, Inc.                                      | CUSIP: 93148P102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1608 | NS      | $136760.40    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Employers Holdings, Inc.                    | Employers Holdings, Inc.                                   | CUSIP: 292218104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1202 | NS      | $51998.52     | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Armada Hoffler Properties, Inc.             | Armada Hoffler Properties, Inc.                            | CUSIP: 04208T108<br>LEI: 549300WQRSIV6XZT9313 | Long             | EC               | CORP              | US        |      4007 | NS      | $29170.96     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| World Acceptance Corp.                      | World Acceptance Corp.                                     | CUSIP: 981419104<br>LEI: 529900M7JQUDCH7Q9153 | Long             | EC               | CORP              | US        |       155 | NS      | $26571.65     | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Donnelley Financial Solutions, Inc.         | Donnelley Financial Solutions, Inc.                        | CUSIP: 25787G100<br>LEI: 549300O1NPY4J56QCU04 | Long             | EC               | CORP              | US        |      1262 | NS      | $71643.74     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanmi Financial Corp.                       | Hanmi Financial Corp.                                      | CUSIP: 410495204<br>LEI: 549300MSZ7RCG7EA6587 | Long             | EC               | CORP              | US        |      1497 | NS      | $37664.52     | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| Ameris Bancorp                              | Ameris Bancorp                                             | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |      3191 | NS      | $233836.48    | 1.20%             |  |  |  | No            |                  1 | On Loan: No      |
| WSFS Financial Corp.                        | WSFS Financial Corp.                                       | CUSIP: 929328102<br>LEI: 549300SU7VQHD6QRG886 | Long             | EC               | CORP              | US        |      2826 | NS      | $164727.54    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Financial Corp.                    | Heritage Financial Corp.                                   | CUSIP: 42722X106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1704 | NS      | $41645.76     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Medical Properties Trust, Inc.              | Medical Properties Trust, Inc.                             | CUSIP: 58463J304<br>LEI: 254900U6E39J1MQCCY14 | Long             | EC               | CORP              | US        |     29705 | NS      | $133672.50    | 0.69%             |  |  |  | No            |                  1 | On Loan: —       |
| Beacon Financial Corp.                      | Beacon Financial Corp.                                     | CUSIP: 084680107<br>LEI: 549300AS2OC6UMMBNO37 | Long             | EC               | CORP              | US        |      2280 | NS      | $59576.40     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| HCI Group, Inc.                             | HCI Group, Inc.                                            | CUSIP: 40416E103<br>LEI: 549300CZF7EZJH0MPH74 | Long             | EC               | CORP              | US        |       462 | NS      | $77020.02     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Dime Community Bancshares, Inc.             | Dime Community Bancshares, Inc., Class B                   | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1971 | NS      | $60627.96     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookline Bancorp, Inc.                     | Brookline Bancorp, Inc.                                    | CUSIP: 11373M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4453 | NS      | $48760.35     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Pacific Premier Bancorp, Inc.               | Pacific Premier Bancorp, Inc.                              | CUSIP: 69478X105<br>LEI: 549300Q1KIC3KLI0XG98 | Long             | EC               | CORP              | US        |      4796 | NS      | $117454.04    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| EZCORP, Inc.                                | EZCORP, Inc., Class A                                      | CUSIP: 302301106<br>LEI: 5493003K6PG3ZQ7TUQ63 | Long             | EC               | CORP              | US        |      2601 | NS      | $43358.67     | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Sirius Point Ltd.                           | Sirius Point Ltd.                                          | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | BM        |      4539 | NS      | $84970.08     | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| NMI Holdings, Inc.                          | NMI Holdings, Inc., Class A                                | CUSIP: 629209305<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | EC               | CORP              | US        |      3888 | NS      | $152992.80    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Trustmark Corp.                             | Trustmark Corp.                                            | CUSIP: 898402102<br>LEI: 5493000HPQ4D2RZ79739 | Long             | EC               | CORP              | US        |      2988 | NS      | $120326.76    | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| PRA Group, Inc.                             | PRA Group, Inc.                                            | CUSIP: 69354N106<br>LEI: 549300Q5HW3JSSB86K27 | Long             | EC               | CORP              | US        |      1983 | NS      | $33889.47     | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| ARMOUR Residential REIT, Inc.               | ARMOUR Residential REIT, Inc.                              | CUSIP: 042315705<br>LEI: 549300K0WA0EJUX74V72 | Long             | EC               | CORP              | US        |      4939 | NS      | $75616.09     | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| First Commonwealth Financial Corp.          | First Commonwealth Financial Corp.                         | CUSIP: 319829107<br>LEI: 549300ZHLQ42NXDETL24 | Long             | EC               | CORP              | US        |      5157 | NS      | $91536.75     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Curbline Properties Corp.                   | Curbline Properties Corp.                                  | CUSIP: 23128Q101<br>LEI: 529900PGR41LH0I81I15 | Long             | EC               | CORP              | US        |      4676 | NS      | $105350.28    | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Safehold Inc.                               | Safehold Inc.                                              | CUSIP: 78646V107<br>LEI: QFFLKWYYS3UPWD86E794 | Long             | EC               | CORP              | US        |      2294 | NS      | $37759.24     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Summit Hotel Properties, Inc.               | Summit Hotel Properties, Inc.                              | CUSIP: 866082100<br>LEI: 254900OBQWJK6X20LS71 | Long             | EC               | CORP              | US        |      5462 | NS      | $29931.76     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Four Corners Property Trust, Inc.           | Four Corners Property Trust, Inc.                          | CUSIP: 35086T109<br>LEI: 549300SVTPZPBDVNER42 | Long             | EC               | CORP              | US        |      5002 | NS      | $129501.78    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| ServisFirst Bancshares, Inc.                | ServisFirst Bancshares, Inc.                               | CUSIP: 81768T108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2488 | NS      | $219317.20    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Artisan Partners Asset Management Inc.      | Artisan Partners Asset Management Inc., Class A            | CUSIP: 04316A108<br>LEI: 549300T1FUI6JF63XU51 | Long             | EC               | CORP              | US        |      3484 | NS      | $163016.36    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Kennedy-Wilson Holdings, Inc.               | Kennedy-Wilson Holdings, Inc.                              | CUSIP: 489398107<br>LEI: 549300MOI1T78144X610 | Long             | EC               | CORP              | US        |      5945 | NS      | $52316.00     | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Banner Corp.                                | Banner Corp.                                               | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1709 | NS      | $114554.27    | 0.59%             |  |  |  | No            |                  1 | On Loan: —       |
| Park National Corp.                         | Park National Corp.                                        | CUSIP: 700658107<br>LEI: 984500Q3E941TDF87712 | Long             | EC               | CORP              | US        |       720 | NS      | $123674.40    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Brandywine Realty Trust                     | Brandywine Realty Trust                                    | CUSIP: 105368203<br>LEI: 5UZ46ZCYUFYYAC0DS831 | Long             | EC               | CORP              | US        |      8642 | NS      | $36814.92     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Cushman & Wakefield PLC                     | Cushman & Wakefield PLC                                    | CUSIP: G2717B108<br>LEI: 9676003VT8I14HPZLX83 | Long             | EC               | CORP              | GB        |     11447 | NS      | $180519.19    | 0.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Elme Communities                            | Elme Communities                                           | CUSIP: 939653101<br>LEI: 549300DI34BGS8LVKW95 | Long             | EC               | CORP              | US        |      4373 | NS      | $74690.84     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust, Inc.     | Essential Properties Realty Trust, Inc.                    | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |      9779 | NS      | $306278.28    | 1.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Radian Group Inc.                           | Radian Group Inc.                                          | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |      6644 | NS      | $231742.72    | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| BGC Group, Inc.                             | BGC Group, Inc., Class A                                   | CUSIP: 088929104<br>LEI: 2549001IGRCG4F0RLD36 | Long             | EC               | CORP              | US        |     18742 | NS      | $183859.02    | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Pebblebrook Hotel Trust                     | Pebblebrook Hotel Trust                                    | CUSIP: 70509V100<br>LEI: 5493004Q1NNH6JXCSI52 | Long             | EC               | CORP              | US        |      5931 | NS      | $66071.34     | 0.34%             |  |  |  | No            |                  1 | On Loan: —       |
| Apple Hospitality REIT, Inc.                | Apple Hospitality REIT, Inc.                               | CUSIP: 03784Y200<br>LEI: 549300EVZAR0FBZO4F16 | Long             | EC               | CORP              | US        |     11012 | NS      | $143816.72    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Simmons First National Corp.                | Simmons First National Corp., Class A                      | CUSIP: 828730200<br>LEI: 549300IVR5AJKUVOGN05 | Long             | EC               | CORP              | US        |      7090 | NS      | $147330.20    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Franklin BSP Realty Trust, Inc.             | Franklin BSP Realty Trust, Inc.                            | CUSIP: 35243J101<br>LEI: 549300LH3QNZK9Y1KC93 | Long             | EC               | CORP              | US        |      4109 | NS      | $47458.95     | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| SL Green Realty Corp.                       | SL Green Realty Corp.                                      | CUSIP: 78440X887<br>LEI: 549300VQZPJU97H3GT17 | Long             | EC               | CORP              | US        |      3515 | NS      | $199968.35    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp.                      | Lincoln National Corp.                                     | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |      8453 | NS      | $362887.29    | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Piper Sandler Cos.                          | Piper Sandler Cos.                                         | CUSIP: 724078100<br>LEI: QUQDBTUSOAKFEVMRMF78 | Long             | EC               | CORP              | US        |       813 | NS      | $271371.27    | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Ellington Financial Inc.                    | Ellington Financial Inc.                                   | CUSIP: 28852N109<br>LEI: 60GS1D1R1YY5G1W7IT74 | Long             | EC               | CORP              | US        |      4724 | NS      | $64435.36     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| StoneX Group Inc.                           | StoneX Group Inc.                                          | CUSIP: 861896108<br>LEI: 549300JUF07L8VF02M60 | Long             | EC               | CORP              | US        |      2155 | NS      | $220176.35    | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| StepStone Group Inc.                        | StepStone Group Inc., Class A                              | CUSIP: 85914M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3267 | NS      | $202750.02    | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT, Inc.                        | CareTrust REIT, Inc.                                       | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |     10500 | NS      | $361305.00    | 1.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtu Financial, Inc.                       | Virtu Financial, Inc., Class A                             | CUSIP: 928254101<br>LEI: 5493001OPW2K42CH3884 | Long             | EC               | CORP              | US        |      3995 | NS      | $167470.40    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Community Financial System, Inc.            | Community Financial System, Inc.                           | CUSIP: 203607106<br>LEI: 5299008N6YHE6GCP1E80 | Long             | EC               | CORP              | US        |      2631 | NS      | $157570.59    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Highwoods Properties, Inc.                  | Highwoods Properties, Inc.                                 | CUSIP: 431284108<br>LEI: ZIIGTYKL9T0X3HLTDX53 | Long             | EC               | CORP              | US        |      5363 | NS      | $169095.39    | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Pathward Financial, Inc.                    | Pathward Financial, Inc.                                   | CUSIP: 59100U108<br>LEI: 5493004X52BH1NBLW813 | Long             | EC               | CORP              | US        |      1163 | NS      | $92423.61     | 0.48%             |  |  |  | No            |                  1 | On Loan: —       |
| Lakeland Financial Corp.                    | Lakeland Financial Corp.                                   | CUSIP: 511656100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1269 | NS      | $86863.05     | 0.45%             |  |  |  | No            |                  1 | On Loan: —       |
| Westamerica Bancorporation                  | Westamerica Bancorporation                                 | CUSIP: 957090103<br>LEI: 984500CF4F8115C11D96 | Long             | EC               | CORP              | US        |      1308 | NS      | $65413.08     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| DiamondRock Hospitality Co.                 | DiamondRock Hospitality Co.                                | CUSIP: 252784301<br>LEI: 529900KKD4BPVBUAQ734 | Long             | EC               | CORP              | US        |     10235 | NS      | $87611.60     | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Goosehead Insurance, Inc.                   | Goosehead Insurance, Inc., Class A                         | CUSIP: 38267D109<br>LEI: 549300WH5MBIWHJ9XY95 | Long             | EC               | CORP              | US        |      1238 | NS      | $104870.98    | 0.54%             |  |  |  | No            |                  1 | On Loan: —       |
| BankUnited, Inc.                            | BankUnited, Inc.                                           | CUSIP: 06652K103<br>LEI: 96OVUWEW5D4YX6PFXD91 | Long             | EC               | CORP              | US        |      3744 | NS      | $146727.36    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| JBG SMITH Properties                        | JBG SMITH Properties                                       | CUSIP: 46590V100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3598 | NS      | $77141.12     | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Bancorp, Inc. (The)                         | Bancorp, Inc. (The)                                        | CUSIP: 05969A105<br>LEI: 894500FP2ICT1B019Y71 | Long             | EC               | CORP              | US        |      2325 | NS      | $177258.00    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Ryman Hospitality Properties, Inc.          | Ryman Hospitality Properties, Inc.                         | CUSIP: 78377T107<br>LEI: 529900GCCWW9SRMPJR11 | Long             | EC               | CORP              | US        |      2969 | NS      | $293307.51    | 1.51%             |  |  |  | No            |                  1 | On Loan: —       |
| Payoneer Global Inc.                        | Payoneer Global Inc.                                       | CUSIP: 70451X104<br>LEI: 984500491C64C70FF033 | Long             | EC               | CORP              | US        |     12877 | NS      | $89495.15     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| PennyMac Mortgage Investment Trust          | PennyMac Mortgage Investment Trust                         | CUSIP: 70931T103<br>LEI: 549300BSSOQO1ZWDUJ97 | Long             | EC               | CORP              | US        |      4347 | NS      | $53511.57     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Horace Mann Educators Corp.                 | Horace Mann Educators Corp.                                | CUSIP: 440327104<br>LEI: 254900G5YAV3A2YK8T32 | Long             | EC               | CORP              | US        |      2024 | NS      | $93063.52     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Virtus Investment Partners, Inc.            | Virtus Investment Partners, Inc.                           | CUSIP: 92828Q109<br>LEI: 549300HWF93HB8BDM648 | Long             | EC               | CORP              | US        |       324 | NS      | $65263.32     | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| TrustCo Bank Corp.                          | TrustCo Bank Corp.                                         | CUSIP: 898349204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       950 | NS      | $37800.50     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Cathay General Bancorp                      | Cathay General Bancorp                                     | CUSIP: 149150104<br>LEI: 549300K1SLJ8C97H5L68 | Long             | EC               | CORP              | US        |      3469 | NS      | $173137.79    | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| National Bank Holdings Corp.                | National Bank Holdings Corp., Class A                      | CUSIP: 633707104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1890 | NS      | $74125.80     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| HA Sustainable Infrastructure Capital, Inc. | HA Sustainable Infrastructure Capital, Inc.                | CUSIP: 41068X100<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | EC               | CORP              | US        |      6021 | NS      | $170033.04    | 0.87%             |  |  |  | No            |                  1 | On Loan: —       |
| Easterly Government Properties, Inc.        | Easterly Government Properties, Inc.                       | CUSIP: 27616P301<br>LEI: 549300ERMCEFC6S8HL77 | Long             | EC               | CORP              | US        |      2108 | NS      | $48252.12     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| KKR Real Estate Finance Trust Inc.          | KKR Real Estate Finance Trust Inc.                         | CUSIP: 48251K100<br>LEI: 549300K23AYZDZ2REL62 | Long             | EC               | CORP              | US        |      2847 | NS      | $27416.61     | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Blackstone Mortgage Trust, Inc.             | Blackstone Mortgage Trust, Inc., Class A                   | CUSIP: 09257W100<br>LEI: 549300OLDJ20R2Y2UW20 | Long             | EC               | CORP              | US        |      8421 | NS      | $164714.76    | 0.85%             |  |  |  | No            |                  1 | On Loan: —       |
| Phillips Edison & Co., Inc.                 | Phillips Edison & Co., Inc.                                | CUSIP: 71844V201<br>LEI: 549300JPN4YHYPXTJQ85 | Long             | EC               | CORP              | US        |      6207 | NS      | $218424.33    | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Encore Capital Group, Inc.                  | Encore Capital Group, Inc.                                 | CUSIP: 292554102<br>LEI: 5493000UVC6H49CIH830 | Long             | EC               | CORP              | US        |      1167 | NS      | $48827.28     | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| Ready Capital Corp.                         | Ready Capital Corp.                                        | CUSIP: 75574U101<br>LEI: 549300MYWGZUG7ZUYO87 | Long             | EC               | CORP              | US        |      8521 | NS      | $36299.46     | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| CVB Financial Corp.                         | CVB Financial Corp.                                        | CUSIP: 126600105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6452 | NS      | $129878.76    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp.                          | Getty Realty Corp.                                         | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |      2512 | NS      | $71818.08     | 0.37%             |  |  |  | No            |                  1 | On Loan: —       |
| Southside Bancshares, Inc.                  | Southside Bancshares, Inc.                                 | CUSIP: 84470P109<br>LEI: 549300TC83207VQA2K65 | Long             | EC               | CORP              | US        |      1420 | NS      | $44360.80     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| OUTFRONT Media Inc.                         | OUTFRONT Media Inc.                                        | CUSIP: 69007J304<br>LEI: 549300RZWDYU5722I639 | Long             | EC               | CORP              | US        |      6859 | NS      | $128126.12    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Terreno Realty Corp.                        | Terreno Realty Corp.                                       | CUSIP: 88146M101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5113 | NS      | $295378.01    | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Apollo Commercial Real Estate Finance, Inc. | Apollo Commercial Real Estate Finance, Inc.                | CUSIP: 03762U105<br>LEI: 549300E0AN7M2AQHSY29 | Long             | EC               | CORP              | US        |      6387 | NS      | $67638.33     | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Tompkins Financial Corp.                    | Tompkins Financial Corp.                                   | CUSIP: 890110109<br>LEI: 254900QDQ6V0QJ0Z2348 | Long             | EC               | CORP              | US        |       628 | NS      | $44047.92     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Trupanion, Inc.                             | Trupanion, Inc.                                            | CUSIP: 898202106<br>LEI: 549300J86GFKIDGMQP18 | Long             | EC               | CORP              | US        |      1676 | NS      | $77699.36     | 0.40%             |  |  |  | No            |                  1 | On Loan: —       |
| Navient Corp.                               | Navient Corp.                                              | CUSIP: 63938C108<br>LEI: 54930067J0ZNOEBRW338 | Long             | EC               | CORP              | US        |      3640 | NS      | $49904.40     | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Emmett, Inc.                        | Douglas Emmett, Inc.                                       | CUSIP: 25960P109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8272 | NS      | $134089.12    | 0.69%             |  |  |  | No            |                  1 | On Loan: —       |
| PROG Holdings, Inc.                         | PROG Holdings, Inc.                                        | CUSIP: 74319R101<br>LEI: 549300DHYTLBOVRXIG52 | Long             | EC               | CORP              | US        |      2016 | NS      | $71043.84     | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| United Community Banks, Inc.                | United Community Banks, Inc.                               | CUSIP: 90984P303<br>LEI: 549300GVW0FV66X3U703 | Long             | EC               | CORP              | US        |      6012 | NS      | $200800.80    | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Bancorp, Inc.                         | Eagle Bancorp, Inc.                                        | CUSIP: 268948106<br>LEI: 549300B47NZODRMG3D47 | Long             | EC               | CORP              | US        |      1519 | NS      | $29498.98     | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| First BanCorp.                              | First BanCorp.                                             | CUSIP: 318672706<br>LEI: 5493000C44WC17AV1S09 | Long             | EC               | CORP              | PR        |      7938 | NS      | $176461.74    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Mr. Cooper Group Inc.                       | Mr. Cooper Group Inc.                                      | CUSIP: 62482R107<br>LEI: 549300KD8C6DPXYC2M26 | Long             | EC               | CORP              | US        |      3170 | NS      | $597640.10    | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Hilltop Holdings Inc.                       | Hilltop Holdings Inc.                                      | CUSIP: 432748101<br>LEI: 54930010TA543US0PM65 | Long             | EC               | CORP              | US        |      2261 | NS      | $79315.88     | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Genworth Financial, Inc.                    | Genworth Financial, Inc., Class A                          | CUSIP: 37247D106<br>LEI: 549300EMCG286BDNKJ33 | Long             | EC               | CORP              | US        |     20515 | NS      | $175813.55    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Invesco Private Prime Fund                  | Invesco Private Prime Fund                                 | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |   1877453 | NS      | $1877453.07   | 9.66%             |  |  |  | No            |                  2 | On Loan: No      |
| WisdomTree, Inc.                            | WisdomTree, Inc.                                           | CUSIP: 97717P104<br>LEI: 549300WIU8IS7UFO7871 | Long             | EC               | CORP              | US        |      5749 | NS      | $78243.89     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| First Bancorp                               | First Bancorp                                              | CUSIP: 318910106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2045 | NS      | $111636.55    | 0.57%             |  |  |  | No            |                  1 | On Loan: —       |
| American Assets Trust, Inc.                 | American Assets Trust, Inc.                                | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2360 | NS      | $49324.00     | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercury General Corp.                       | Mercury General Corp.                                      | CUSIP: 589400100<br>LEI: 5493001Q9EXPCEL4W527 | Long             | EC               | CORP              | US        |      1319 | NS      | $101998.27    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Two Harbors Investment Corp.                | Two Harbors Investment Corp.                               | CUSIP: 90187B804<br>LEI: 549300ZUIBT6KH4HU823 | Long             | EC               | CORP              | US        |      5198 | NS      | $51980.00     | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| NCR Atleos Corp.                            | NCR Atleos Corp.                                           | CUSIP: 63001N106<br>LEI: 9845005FC3S0VA714741 | Long             | EC               | CORP              | US        |      3659 | NS      | $144969.58    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Saul Centers, Inc.                          | Saul Centers, Inc.                                         | CUSIP: 804395101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       607 | NS      | $20741.19     | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Assured Guaranty Ltd.                       | Assured Guaranty Ltd.                                      | CUSIP: G0585R106<br>LEI: 549300BBOQUJEPH87M14 | Long             | EC               | CORP              | BM        |      2282 | NS      | $187580.40    | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| St. Joe Co. (The)                           | St. Joe Co. (The)                                          | CUSIP: 790148100<br>LEI: 529900XVHOT3BF8PWG49 | Long             | EC               | CORP              | US        |      1877 | NS      | $94713.42     | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp, Inc.                     | Customers Bancorp, Inc.                                    | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |      1449 | NS      | $103878.81    | 0.53%             |  |  |  | No            |                  1 | On Loan: —       |
| Stewart Information Services Corp.          | Stewart Information Services Corp.                         | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |      1385 | NS      | $100883.40    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| EVERTEC, Inc.                               | EVERTEC, Inc.                                              | CUSIP: 30040P103<br>LEI: N/A                  | Long             | EC               | CORP              | PR        |      3144 | NS      | $112177.92    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| PJT Partners Inc.                           | PJT Partners Inc., Class A                                 | CUSIP: 69343T107<br>LEI: 549300W3WBEQUBKYTN87 | Long             | EC               | CORP              | US        |      1209 | NS      | $216411.00    | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Enova International, Inc.                   | Enova International, Inc.                                  | CUSIP: 29357K103<br>LEI: 549300O8XOCQSB49UO63 | Long             | EC               | CORP              | US        |      1264 | NS      | $153323.20    | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| eXp World Holdings, Inc.                    | eXp World Holdings, Inc.                                   | CUSIP: 30212W100<br>LEI: 549300TWVVZC283VEC32 | Long             | EC               | CORP              | US        |      4293 | NS      | $46493.19     | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Northwest Bancshares, Inc.                  | Northwest Bancshares, Inc.                                 | CUSIP: 667340103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7145 | NS      | $90384.25     | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadia Realty Trust                         | Acadia Realty Trust                                        | CUSIP: 004239109<br>LEI: 254900C5XLB1YYJQSH07 | Long             | EC               | CORP              | US        |      6524 | NS      | $130545.24    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Atlantic Union Bankshares Corp.             | Atlantic Union Bankshares Corp., Class B                   | CUSIP: 04911A107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7050 | NS      | $251896.50    | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| LTC Properties, Inc.                        | LTC Properties, Inc.                                       | CUSIP: 502175102<br>LEI: 549300NRZP8IJG2KY677 | Long             | EC               | CORP              | US        |      2279 | NS      | $83183.50     | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Net Lease, Inc.                      | Global Net Lease, Inc.                                     | CUSIP: 379378201<br>LEI: 549300NUYANCT5SU8Z65 | Long             | EC               | CORP              | US        |      9435 | NS      | $74253.45     | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Capitol Federal Financial, Inc.             | Capitol Federal Financial, Inc.                            | CUSIP: 14057J101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6106 | NS      | $39566.88     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Macerich Co. (The)                          | Macerich Co. (The)                                         | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               | CORP              | US        |     12513 | NS      | $230239.20    | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc of California, Inc.                    | Banc of California, Inc.                                   | CUSIP: 05990K106<br>LEI: 549300ZKWUJDP6LJ1X87 | Long             | EC               | CORP              | US        |      6315 | NS      | $106849.80    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Bancorp.                    | First Financial Bancorp.                                   | CUSIP: 320209109<br>LEI: 549300D3F5B3EZMY7P77 | Long             | EC               | CORP              | US        |      4732 | NS      | $125303.36    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Stellar Bancorp, Inc.                       | Stellar Bancorp, Inc.                                      | CUSIP: 858927106<br>LEI: 54930070P8Z0WHFBB536 | Long             | EC               | CORP              | US        |      2272 | NS      | $70250.24     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Acadian Asset Management Inc.               | Acadian Asset Management Inc.                              | CUSIP: 10948W103<br>LEI: 5493004FTLQNQTBOP608 | Long             | EC               | CORP              | US        |      1341 | NS      | $68350.77     | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| ProAssurance Corp.                          | ProAssurance Corp.                                         | CUSIP: 74267C106<br>LEI: 54930015E5J57R675E89 | Long             | EC               | CORP              | US        |      2563 | NS      | $61025.03     | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co.                                | Moelis & Co., Class A                                      | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |      3671 | NS      | $264715.81    | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Safety Insurance Group, Inc.                | Safety Insurance Group, Inc.                               | CUSIP: 78648T100<br>LEI: 254900LDCFLA3J746840 | Long             | EC               | CORP              | US        |       743 | NS      | $54989.43     | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Invesco Government & Agency Portfolio       | Invesco Government & Agency Portfolio, Institutional Class | CUSIP: 825252885<br>LEI: 5493007T1J7WZ5QI1A47 | Long             | STIV             | RF                | US        |     35918 | NS      | $35918.03     | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohen & Steers, Inc.                        | Cohen & Steers, Inc.                                       | CUSIP: 19247A100<br>LEI: 549300XXIA338A0X2K65 | Long             | EC               | CORP              | US        |      1335 | NS      | $98603.10     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Financial, Inc.                     | Triumph Financial, Inc.                                    | CUSIP: 89679E300<br>LEI: 5493003RNRMEVYDZ1Q52 | Long             | EC               | CORP              | US        |      1109 | NS      | $68192.41     | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Whitestone REIT                             | Whitestone REIT                                            | CUSIP: 966084204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2239 | NS      | $29465.24     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Health Realty Income Trust        | Universal Health Realty Income Trust                       | CUSIP: 91359E105<br>LEI: 549300L4MWZL4IH6H172 | Long             | EC               | CORP              | US        |       638 | NS      | $25896.42     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Arbor Realty Trust, Inc.                    | Arbor Realty Trust, Inc.                                   | CUSIP: 038923108<br>LEI: 549300ASFUWYQO0RW077 | Long             | EC               | CORP              | US        |      9488 | NS      | $113286.72    | 0.58%             |  |  |  | No            |                  1 | On Loan: —       |
| NexPoint Residential Trust, Inc.            | NexPoint Residential Trust, Inc.                           | CUSIP: 65341D102<br>LEI: 549300U2J6XVYBF87166 | Long             | EC               | CORP              | US        |      1099 | NS      | $37926.49     | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Fulton Financial Corp.                      | Fulton Financial Corp.                                     | CUSIP: 360271100<br>LEI: 5493005QLZ6O1BNC0C11 | Long             | EC               | CORP              | US        |      8996 | NS      | $176861.36    | 0.91%             |  |  |  | No            |                  1 | On Loan: No      |
| Hope Bancorp, Inc.                          | Hope Bancorp, Inc.                                         | CUSIP: 43940T109<br>LEI: 549300UTF4QGMBHIZ219 | Long             | EC               | CORP              | US        |      6248 | NS      | $69540.24     | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Redwood Trust, Inc.                         | Redwood Trust, Inc.                                        | CUSIP: 758075402<br>LEI: DRBV4N1ERQLEMIF11G78 | Long             | EC               | CORP              | US        |      6652 | NS      | $40710.24     | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| S&T Bancorp, Inc.                           | S&T Bancorp, Inc.                                          | CUSIP: 783859101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1901 | NS      | $75108.51     | 0.39%             |  |  |  | No            |                  1 | On Loan: —       |
| Xenia Hotels & Resorts, Inc.                | Xenia Hotels & Resorts, Inc.                               | CUSIP: 984017103<br>LEI: 54930075IWIPHF5IQL62 | Long             | EC               | CORP              | US        |      4851 | NS      | $68544.63     | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Invesco Private Government Fund             | Invesco Private Government Fund                            | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | PF                | US        |    721674 | NS      | $721673.58    | 3.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Palomar Holdings, Inc.                      | Palomar Holdings, Inc.                                     | CUSIP: 69753M105<br>LEI: 549300DOI1MUW11BLX74 | Long             | EC               | CORP              | US        |      1332 | NS      | $163862.64    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Enact Holdings, Inc.                        | Enact Holdings, Inc.                                       | CUSIP: 29249E109<br>LEI: 9845003CA5664B741N19 | Long             | EC               | CORP              | US        |      1426 | NS      | $53688.90     | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| AMERISAFE, Inc.                             | AMERISAFE, Inc.                                            | CUSIP: 03071H100<br>LEI: 2549002B4EXPBLGMNN22 | Long             | EC               | CORP              | US        |       951 | NS      | $43917.18     | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| OFG Bancorp                                 | OFG Bancorp                                                | CUSIP: 67103X102<br>LEI: 549300Q4QEXJ37LEXQ06 | Long             | EC               | CORP              | PR        |      2217 | NS      | $99210.75     | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Millrose Properties, Inc.                   | Millrose Properties, Inc.                                  | CUSIP: 601137102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5952 | NS      | $210165.12    | 1.08%             |  |  |  | No            |                  1 | On Loan: No      |
| FB Financial Corp.                          | FB Financial Corp.                                         | CUSIP: 30257X104<br>LEI: 5493000B2LD2C2A6C435 | Long             | EC               | CORP              | US        |      1995 | NS      | $107091.60    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Veritex Holdings, Inc.                      | Veritex Holdings, Inc.                                     | CUSIP: 923451108<br>LEI: 549300F3SMOML02SC814 | Long             | EC               | CORP              | US        |      2691 | NS      | $92435.85     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Adamas Trust, Inc.                          | Adamas Trust, Inc.                                         | CUSIP: 649604840<br>LEI: 549300JFGR0M7ULHWG48 | Long             | EC               | CORP              | US        |      4511 | NS      | $32569.42     | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Provident Financial Services, Inc.          | Provident Financial Services, Inc.                         | CUSIP: 74386T105<br>LEI: 529900JOSO3SXEDVE477 | Long             | EC               | CORP              | US        |      6459 | NS      | $128146.56    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerspace                                 | Centerspace                                                | CUSIP: 15202L107<br>LEI: 5493002LG2SH9EEHT720 | Long             | EC               | CORP              | US        |       836 | NS      | $49742.00     | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Victory Capital Holdings, Inc.              | Victory Capital Holdings, Inc., Class A                    | CUSIP: 92645B103<br>LEI: 549300BN5LH2CIPPHS71 | Long             | EC               | CORP              | US        |      2327 | NS      | $165868.56    | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Veris Residential, Inc.                     | Veris Residential, Inc.                                    | CUSIP: 554489104<br>LEI: 254900KTVBRYJCQU2J23 | Long             | EC               | CORP              | US        |      4053 | NS      | $63753.69     | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP Industrial Trust                        | LXP Industrial Trust                                       | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |     14621 | NS      | $132758.68    | 0.68%             |  |  |  | No            |                  1 | On Loan: —       |
| First Hawaiian, Inc.                        | First Hawaiian, Inc.                                       | CUSIP: 32051X108<br>LEI: 5493002DJSH46F5OLV06 | Long             | EC               | CORP              | US        |      6257 | NS      | $162369.15    | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Marcus & Millichap, Inc.                    | Marcus & Millichap, Inc.                                   | CUSIP: 566324109<br>LEI: 549300B2HE8ULXNB1N48 | Long             | EC               | CORP              | US        |      1206 | NS      | $39303.54     | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Tanger Inc.                                 | Tanger Inc.                                                | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |      5600 | NS      | $191408.00    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| City Holding Co.                            | City Holding Co.                                           | CUSIP: 177835105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       714 | NS      | $91734.72     | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial, Inc.                        | Axos Financial, Inc.                                       | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |      2650 | NS      | $241706.50    | 1.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Urban Edge Properties                       | Urban Edge Properties                                      | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6263 | NS      | $129581.47    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Sunstone Hotel Investors, Inc.              | Sunstone Hotel Investors, Inc.                             | CUSIP: 867892101<br>LEI: 529900ZQ2V52V96ATF67 | Long             | EC               | CORP              | US        |      9865 | NS      | $93520.20     | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Renasant Corp.                              | Renasant Corp.                                             | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |      4563 | NS      | $178550.19    | 0.92%             |  |  |  | No            |                  1 | On Loan: —       |
| Innovative Industrial Properties, Inc.      | Innovative Industrial Properties, Inc.                     | CUSIP: 45781V101<br>LEI: 5493008BQ0545EZXRR30 | Long             | EC               | CORP              | US        |      1377 | NS      | $78020.82     | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| SITE Centers Corp.                          | SITE Centers Corp.                                         | CUSIP: 82981J851<br>LEI: W2AVA6SODOQ1LCYJQR54 | Long             | EC               | CORP              | US        |      2360 | NS      | $28980.80     | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Invesco Exchange-Traded Fund Trust II

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Vice President