# EDGAR Filing Document

**Accession Number:** 0001199046
**File Stem:** 0001752724-23-041867
**Filing Date:** 2023-2
**Character Count:** 34500
**Document Hash:** 74be83205bffb1d921678bc298163cf9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-041867.hdr.sgml**: 20230227

**ACCESSION NUMBER**: 0001752724-23-041867

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230227

**DATE AS OF CHANGE**: 20230227

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** UNIFIED SERIES TRUST
- **CENTRAL INDEX KEY:** 0001199046
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21237
- **FILM NUMBER:** 23672074

**BUSINESS ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246
- **BUSINESS PHONE:** 513-346-3324

**MAIL ADDRESS:**
- **STREET 1:** 225 PICTORIA DRIVE, SUITE 450
- **CITY:** CINCINNATI
- **STATE:** OH
- **ZIP:** 45246

## Series and Classes Contracts Data

### Dean Mid Cap Value Fund (Series ID: S000016034)

| Class ID   | Class Name              | Ticker Symbol   |
|:---|:---|:---|
| C000044154 | Dean Mid Cap Value Fund | DALCX           |

## Nport-Ex

Dean

Small

Cap

Value

Fund

Schedule

of

Investments

December

31,

2022

-

(Unaudited)

COMMON

STOCKS

—

95.30%

Shares

Fair

Value

Consumer

Discretionary

—

13.30%

American

Woodmark

Corp.

(a) 50,265

$

2,455,948

Carter's,

Inc.

18,499

1,380,210

Fox

Factory

Holding

Corp.

(a) 8,519

777,188

Hooker

Furniture

Corp.

73,389

1,372,374

Johnson

Outdoors,

Inc.,

Class

A

31,887

2,108,369

Medifast,

Inc.

7,546

870,431

Methode

Electronics,

Inc.

46,370

2,057,437

Miller

Industries,

Inc.

92,132

2,456,239

Standard

Motor

Products,

Inc.

157,001

5,463,635

TRI

Pointe

Group,

Inc.

(a) 306,457

5,697,036

Wendy's

Co.

(The)

93,714

2,120,748

26,759,615

Consumer

Staples

—

7.48%

Cal-Maine

Foods,

Inc.

86,046

4,685,205

Fresh

Del

Monte

Produce,

Inc.

17,161

449,447

John

B. Sanfilippo

&

Son,

Inc.

62,435

5,077,213

Lancaster

Colony

Corp.

18,865

3,722,065

Sprouts

Farmers

Market,

Inc.

(a) 34,686

1,122,786

15,056,716

Energy

—

1.18%

World

Fuel

Services

Corp.

86,533

2,364,947

Financials

—

22.62%

Associated

Banc-Corp.

40,163

927,364

Camden

National

Corp.

114,161

4,759,372

Capitol

Federal

Financial,

Inc.

134,486

1,163,304

Cathay

General

Bancorp

42,354

1,727,620

Diamond

Hill

Investment

Group,

Inc.

13,875

2,567,152

Employers

Holdings,

Inc.

117,203

5,054,965

Federated

Hermes,

Inc.,

Class

B

37,486

1,361,117

Nelnet,

Inc.,

Class

A

41,867

3,799,431

QCR

Holdings,

Inc.

52,455

2,603,866

Safety

Insurance

Group,

Inc.

51,725

4,358,349

Stewart

Information

Services

Corp.

83,491

3,567,570

StoneX

Group,

Inc.

(a) 12,536

1,194,681

Washington

Federal,

Inc.

150,673

5,055,078

Washington

Trust

Bancorp,

Inc.

66,087

3,117,985

Waterstone

Financial,

Inc.

184,994

3,189,297

White

Mountains

Insurance

Group

Ltd.

730

1,032,461

45,479,612

Health

Care

—

4.78%

Haemonetics

Corp.

(a) 7,911

622,200

National

Healthcare

Corp.

65,113

3,874,224

Perrigo

Co.

PLC

36,025

1,228,092

Prestige

Consumer

Healthcare,

Inc.

(a) 62,070

3,885,582

9,610,098

Dean

Small

Cap

Value

Fund

Schedule

of

Investments

(continued)

December

31,

2022

-

(Unaudited)

COMMON

STOCKS

—

95.30%

-

continued

Shares

Fair

Value

Industrials

—

15.82%

Advanced

Energy

Industries,

Inc.

8,276

$

709,915

Allison

Transmission

Holdings,

Inc.

16,674

693,638

Argan,

Inc.

155,784

5,745,314

AZZ,

Inc.

85,925

3,454,185

Brady

Corp.,

Class

A

120,124

5,657,840

Federal

Signal

Corp.

46,005

2,137,853

Heartland

Express,

Inc.

341,265

5,235,005

Kennametal,

Inc.

41,015

986,821

Mueller

Water

Products,

Inc.

130,348

1,402,544

Preformed

Line

Products

Co.

4,990

415,617

Werner

Enterprises,

Inc.

133,877

5,389,889

31,828,621

Materials

—

4.34%

Alamos

Gold,

Inc.,

Class

A

339,683

3,434,195

NewMarket

Corp.

2,799

870,797

Sensient

Technologies

Corp.

16,430

1,198,076

SSR

Mining,

Inc.

83,977

1,315,920

Stepan

Co.

18,013

1,917,663

8,736,651

Real

Estate

—

6.90%

Alexander's,

Inc.

3,773

830,286

CareTrust

REIT,

Inc.

29,331

544,970

Cousins

Properties,

Inc.

104,181

2,634,737

CTO

Realty

Growth,

Inc.

29,575

540,631

Equity

Commonwealth

164,425

4,105,692

Getty

Realty

Corp.

90,915

3,077,473

Universal

Health

Realty

Income

Trust

45,153

2,155,153

13,888,942

Technology

—

8.27%

Benchmark

Electronics,

Inc.

92,862

2,478,487

CSG

Systems

International,

Inc.

60,610

3,466,892

MAXIMUS,

Inc.

59,149

4,337,396

NextGen

Healthcare,

Inc.

(a) 47,344

889,120

Plexus

Corp.

(a) 9,128

939,545

Vishay

Intertechnology,

Inc.

209,944

4,528,492

16,639,932

Utilities

—

10.61%

American

States

Water

Co.

49,413

4,573,174

Avista

Corp.

77,649

3,442,957

Northwest

Natural

Holding

Co.

13,631

648,699

NorthWestern

Corp.

54,281

3,221,035

Portland

General

Electric

Co.

108,075

5,295,674

Southwest

Gas

Holdings,

Inc.

11,806

730,555

Dean

Small

Cap

Value

Fund

Schedule

of

Investments

(continued)

December

31,

2022

-

(Unaudited)

COMMON

STOCKS

—

95.30%

-

continued

Shares

Fair

Value

Utilities

—

10.61%

-

continued

Spire,

Inc.

49,778

$

3,427,713

21,339,807

Total

Common

Stocks

(Cost $184,821,689)

191,704,941

Total

Investments

—

95.30%

(Cost

$184,821,689)

191,704,941

Other

Assets

in

Excess

of

Liabilities — 4.70%

9,456,590

NET

ASSETS

—

100.00%

$

201,161,531

(a) Non-income

producing

security.

Dean

Mid

Cap

Value

Fund

Schedule

of

Investments

December

31,

2022

-

(Unaudited)

COMMON

STOCKS

—

95.15%

Shares

Fair

Value

Communications

—

3.23%

Omnicom

Group,

Inc.

17,005

$

1,387,098

Take-Two

Interactive

Software,

Inc.

(a) 9,759

1,016,205

2,403,303

Consumer

Discretionary

—

11.58%

AutoZone,

Inc.

(a) 628

1,548,761

BorgWarner,

Inc.

27,681

1,114,160

Genuine

Parts

Co.

8,164

1,416,536

Masco

Corp.

20,870

974,003

PulteGroup,

Inc.

21,981

1,000,795

Skechers

U.S.A.,

Inc.,

Class

A

(a) 27,391

1,149,052

Ulta

Beauty,

Inc.

(a) 3,043

1,427,380

8,630,687

Consumer

Staples

—

9.31%

BJ's

Wholesale

Club

Holdings,

Inc.

(a) 18,986

1,256,114

Casey's

General

Stores,

Inc.

5,990

1,343,856

Conagra

Brands,

Inc.

35,363

1,368,548

Flowers

Foods,

Inc.

49,034

1,409,237

Tyson

Foods,

Inc.,

Class

A

16,135

1,004,404

US

Foods

Holding

Corp.

(a) 16,280

553,846

6,936,005

Energy

—

3.51%

Baker

Hughes

Co.

41,160

1,215,455

Pioneer

Natural

Resources

Co.

6,135

1,401,172

2,616,627

Financials

—

16.03%

Allstate

Corp.

(The)

8,889

1,205,348

Ameriprise

Financial,

Inc.

4,396

1,368,783

Assurant,

Inc.

8,068

1,008,984

Fifth

Third

Bancorp

34,831

1,142,805

Globe

Life,

Inc.

13,044

1,572,454

Raymond

James

Financial,

Inc.

16,087

1,718,895

Regions

Financial

Corp.

59,807

1,289,439

Reinsurance

Group

of

America,

Inc.

8,454

1,201,229

W.R.

Berkley

Corp.

19,807

1,437,395

11,945,332

Health

Care

—

6.71%

Chemed

Corp.

2,319

1,183,687

Encompass

Health

Corp.

22,319

1,334,900

Quest

Diagnostics,

Inc.

8,164

1,277,176

Zimmer

Biomet

Holdings,

Inc.

9,420

1,201,050

4,996,813

Industrials

—

16.59%

Curtiss-Wright

Corp.

8,551

1,427,932

Dover

Corp.

7,778

1,053,219

FTI

Consulting,

Inc.

(a) 7,681

1,219,743

Dean

Mid

Cap

Value

Fund

Schedule

of

Investments

(continued)

December

31,

2022

-

(Unaudited)

COMMON

STOCKS

—

95.15%

-

continued

Shares

Fair

Value

Industrials

—

16.59%

-

continued

Hubbell,

Inc.

5,797

$

1,360,440

ITT,

Inc.

15,314

1,241,965

Littelfuse,

Inc.

4,928

1,085,146

MSC

Industrial

Direct

Co.,

Inc.,

Class

A

14,879

1,215,614

nVent

Electric

PLC

39,227

1,509,062

Regal

Rexnord

Corp.

4,493

539,070

Republic

Services,

Inc.

10,483

1,352,202

Stanley

Black

&

Decker,

Inc.

4,783

359,299

12,363,692

Materials

—

7.20%

Avery

Dennison

Corp.

6,135

1,110,435

Eagle

Materials,

Inc.

7,391

981,894

Eastman

Chemical

Co.

8,937

727,829

FMC

Corp.

11,401

1,422,846

Steel

Dynamics,

Inc.

11,449

1,118,567

5,361,571

Real

Estate

—

8.58%

CBRE

Group,

Inc.,

Class

A

(a) 15,169

1,167,406

Cousins

Properties,

Inc.

37,681

952,952

Essex

Property

Trust,

Inc.

5,894

1,249,057

Regency

Centers

Corp.

14,348

896,750

STAG

Industrial,

Inc.

37,053

1,197,183

Welltower,

Inc.

14,203

931,007

6,394,355

Technology

—

3.10%

Arrow

Electronics,

Inc.

(a) 10,097

1,055,843

Broadridge

Financial

Solutions,

Inc.

9,324

1,250,628

2,306,471

Utilities

—

9.31%

Ameren

Corp.

15,411

1,370,346

Atmos

Energy

Corp.

13,382

1,499,721

CenterPoint

Energy,

Inc.

46,860

1,405,331

CMS

Energy

Corp.

22,609

1,431,828

Xcel

Energy,

Inc.

17,488

1,226,084

6,933,310

Total

Common

Stocks

(Cost $56,769,348)

70,888,166

Total

Investments

—

95.15%

(Cost

$56,769,348)

70,888,166

Other

Assets

in

Excess

of

Liabilities — 4.85%

3,611,157

NET

ASSETS

—

100.00%

$

74,499,323

(a) Non-income

producing

security.

Dean

Equity

Income

Fund

Schedule

of

Investments

December

31,

2022

-

(Unaudited)

COMMON

STOCKS

—

95.72%

Shares

Fair

Value

Communications

—

8.62%

BCE,

Inc.

21,864

$

960,923

Omnicom

Group,

Inc.

13,751

1,121,669

Verizon

Communications,

Inc.

25,294

996,583

3,079,175

Consumer

Discretionary

—

4.73%

Advance

Auto

Parts,

Inc.

4,385

644,727

Genuine

Parts

Co.

2,446

424,405

Whirlpool

Corp.

4,385

620,302

1,689,434

Consumer

Staples

—

11.03%

Altria

Group,

Inc.

21,536

984,411

Flowers

Foods,

Inc.

25,175

723,530

Kimberly-Clark

Corp.

6,204

842,193

PepsiCo,

Inc.

3,311

598,165

Philip

Morris

International,

Inc.

7,845

793,992

3,942,291

Energy

—

7.40%

Chevron

Corp.

7,010

1,258,225

EOG

Resources,

Inc.

3,997

517,691

Kinder

Morgan,

Inc.

48,113

869,883

2,645,799

Financials

—

18.05%

BlackRock,

Inc.

835

591,706

Canadian

Imperial

Bank

of

Commerce

14,377

581,550

JPMorgan

Chase

&

Co.

5,220

700,002

MetLife,

Inc.

7,248

524,538

PNC

Financial

Services

Group,

Inc.

(The)

4,265

673,614

Principal

Financial

Group,

Inc.

9,217

773,491

Prudential

Financial,

Inc.

7,904

786,132

T. Rowe

Price

Group,

Inc.

9,038

985,684

U.S.

Bancorp

19,150

835,132

6,451,849

Health

Care

—

10.50%

Amgen,

Inc.

3,579

939,989

Bristol-Myers

Squibb

Co.

6,681

480,698

Johnson

&

Johnson

3,341

590,188

Merck

&

Co.,

Inc.

9,664

1,072,220

Pfizer,

Inc.

13,035

667,913

3,751,008

Industrials

—

8.26%

Fastenal

Co.

7,576

358,496

Lockheed

Martin

Corp.

1,611

783,735

Stanley

Black

&

Decker,

Inc.

4,713

354,041

Union

Pacific

Corp.

2,595

537,347

Dean

Equity

Income

Fund

Schedule

of

Investments

(continued)

December

31,

2022

-

(Unaudited)

COMMON

STOCKS

—

95.72%

-

continued

Shares

Fair

Value

Industrials

—

8.26%

-

continued

United

Parcel

Service,

Inc.,

Class

B

5,280

$

917,875

2,951,494

Materials

—

4.01%

Air

Products

and

Chemicals,

Inc.

2,207

680,330

Packaging

Corp.

of

America

5,876

751,599

1,431,929

Real

Estate

—

5.01%

Digital

Realty

Trust,

Inc.

7,248

726,757

Essex

Property

Trust,

Inc.

2,535

537,217

Lamar

Advertising

Co.,

Class

A

5,578

526,563

1,790,537

Technology

—

9.09%

Broadcom,

Inc.

1,581

883,984

Cisco

Systems,

Inc.

18,911

900,920

Intel

Corp.

15,540

410,722

Paychex,

Inc.

4,594

530,883

Texas

Instruments,

Inc.

3,162

522,426

3,248,935

Utilities

—

9.02%

American

Electric

Power

Co.,

Inc.

7,994

759,030

Dominion

Energy,

Inc.

9,366

574,323

Duke

Energy

Corp.

9,426

970,784

National

Fuel

Gas

Co.

5,876

371,951

WEC

Energy

Group,

Inc.

5,846

548,121

3,224,209

Total

Common

Stocks

(Cost $34,609,836)

34,206,660

Total

Investments

—

95.72%

(Cost

$34,609,836)

34,206,660

Other

Assets

in

Excess

of

Liabilities — 4.28%

1,531,176

NET

ASSETS

—

100.00%

$

35,737,836

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Unified Series Trust

- **b. Investment Company Act file number:** 811-21237

- **c. CIK number of Registrant:** 0001199046

- **d. LEI of Registrant:** 549300NFHRL589EP7U13

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

  - **Street Address 1:** 225 Pictoria Drive

  - **City:** Cincinnati

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 45246

  - **Telephone number:** 513-587-3400

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

- **a. Name of Series:** DEAN MID CAP VALUE

- **b. EDGAR series identifier (if any):** S000016034

- **c. LEI of Series:** 5493006Y68OIWBYH7647

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

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $74257544.60

**Total Liabilities:** $93116.38

**Net Assets:** $74164428.22

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000044154 | 8.96%                | 5.38%                | -3.74%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-800465.59              | $7020092.18                                |
| Month 2  | $725010.80               | $3204842.42                                |
| Month 3  | $1864423.62              | $-4901685.88                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CMS Energy Corporation                     | CMS Energy Corp.                        | CUSIP: 125896100<br>LEI: 549300IA9XFBAGNIBW29 | Long             | EC               | CORP              | US        |     22609 | NS      | $1431827.97   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowers Foods, Inc.                        | Flowers Foods, Inc.                     | CUSIP: 343498101<br>LEI: 7YNCQQNDK8FBM9BBTK25 | Long             | EC               | CORP              | US        |     49034 | NS      | $1409237.16   | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Quest Diagnostics Incorporated             | Quest Diagnostics, Inc.                 | CUSIP: 74834L100<br>LEI: 8MCWUBXQ0WE04KMXBX50 | Long             | EC               | CORP              | US        |      8164 | NS      | $1277176.16   | 1.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimmer Biomet Holdings Inc                 | Zimmer Biomet Holdings, Inc.            | CUSIP: 98956P102<br>LEI: 2P2YLDVPES3BXQ1FRB91 | Long             | EC               | CORP              | US        |      9420 | NS      | $1201050.00   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Raymond James Financial Inc.               | Raymond James Financial, Inc.           | CUSIP: 754730109<br>LEI: RGUZHJ05YTITL6D76949 | Long             | EC               | CORP              | US        |     16087 | NS      | $1718895.95   | 2.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                            | Xcel Energy, Inc.                       | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     17488 | NS      | $1226083.68   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Avery Dennison Corporation                 | Avery Dennison Corp.                    | CUSIP: 053611109<br>LEI: 549300PW7VPFCYKLIV37 | Long             | EC               | CORP              | US        |      6135 | NS      | $1110435.00   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameriprise Financial, Inc.                 | Ameriprise Financial, Inc.              | CUSIP: 03076C106<br>LEI: 6ZLKQF7QB6JAEKQS5388 | Long             | EC               | CORP              | US        |      4396 | NS      | $1368782.52   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Regions Financial Corporation              | Regions Financial Corp.                 | CUSIP: 7591EP100<br>LEI: CW05CS5KW59QTC0DG824 | Long             | EC               | CORP              | US        |     59807 | NS      | $1289438.92   | 1.74%             |  |  |  | No            |                  1 | On Loan: No      |
| FMC Corporation                            | FMC Corp.                               | CUSIP: 302491303<br>LEI: CKDHZ2X64EEBQCSP7013 | Long             | EC               | CORP              | US        |     11401 | NS      | $1422844.80   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Centerpoint Energy Inc                     | CenterPoint Energy, Inc.                | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |     46860 | NS      | $1405331.40   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Chemical Company                   | Eastman Chemical Co.                    | CUSIP: 277432100<br>LEI: FDPVHDGJ1IQZFK9KH630 | Long             | EC               | CORP              | US        |      8937 | NS      | $727829.28    | 0.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Dover Corporation                          | Dover Corp.                             | CUSIP: 260003108<br>LEI: 549300FMC2ALGA7N9E80 | Long             | EC               | CORP              | US        |      7778 | NS      | $1053218.98   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Assurant Inc.                              | Assurant, Inc.                          | CUSIP: 04621X108<br>LEI: H3F39CAXWQRVWURFXL38 | Long             | EC               | CORP              | US        |      8068 | NS      | $1008984.08   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MSC Industrial Direct Co Inc.              | MSC Industrial Direct Co., Inc.         | CUSIP: 553530106<br>LEI: 0XVKH0LN6YGOWO2EGO17 | Long             | EC               | CORP              | US        |     14879 | NS      | $1215614.30   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Curtiss-Wright Corp.                       | Curtiss-Wright Corp.                    | CUSIP: 231561101<br>LEI: TEL51ETZWP7D0ZM4X325 | Long             | EC               | CORP              | US        |      8551 | NS      | $1427931.49   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Steel Dynamics, Inc.                       | Steel Dynamics, Inc.                    | CUSIP: 858119100<br>LEI: 549300HGGKEL4FYTTQ83 | Long             | EC               | CORP              | US        |     11449 | NS      | $1118567.30   | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| BJ Wholesale Club Holdings Inc             | BJ's Wholesale Club Holdings, Inc.      | CUSIP: 05550J101<br>LEI: 549300UCIWH1C93V0J03 | Long             | EC               | CORP              | US        |     18986 | NS      | $1256113.76   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Masco Corporation                          | Masco Corp.                             | CUSIP: 574599106<br>LEI: 5GCSNMQXHEYA1JO8QN11 | Long             | EC               | CORP              | US        |     20870 | NS      | $974002.90    | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| CBRE Group                                 | CBRE Group, Inc.                        | CUSIP: 12504L109<br>LEI: 52990016II9MJ2OSWA10 | Long             | EC               | CORP              | US        |     15169 | NS      | $1167406.24   | 1.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Welltower OP LLC                           | Welltower, Inc.                         | CUSIP: 95040Q104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14203 | NS      | $931006.65    | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| STAG Industrial, Inc.                      | STAG Industrial, Inc.                   | CUSIP: 85254J102<br>LEI: 549300QWYX2W6FASVQ07 | Long             | EC               | CORP              | US        |     37053 | NS      | $1197182.43   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Regency Centers Corp.                      | Regency Centers Corp.                   | CUSIP: 758849103<br>LEI: 529900053A7X7FJ97S58 | Long             | EC               | CORP              | US        |     14348 | NS      | $896750.00    | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| W.R. Berkley Corporation                   | W.R. Berkley Corp.                      | CUSIP: 084423102<br>LEI: SQOAGCLKBDWNVYV1OV80 | Long             | EC               | CORP              | US        |     19807 | NS      | $1437393.99   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner Inc.                            | BorgWarner, Inc.                        | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     27681 | NS      | $1114160.25   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Hubbell Incorporated                       | Hubbell, Inc.                           | CUSIP: 443510607<br>LEI: 54930088VDQ6840Y6597 | Long             | EC               | CORP              | US        |      5797 | NS      | $1360439.96   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Broadridge Financial Solutions Inc.        | Broadridge Financial Solutions, Inc.    | CUSIP: 11133T103<br>LEI: 549300KZDJZQ2YIHRC28 | Long             | EC               | CORP              | US        |      9324 | NS      | $1250628.12   | 1.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Take-Two Interactive Software Inc.         | Take-Two Interactive Software, Inc.     | CUSIP: 874054109<br>LEI: BOMSTHHJK882EWYX3334 | Long             | EC               | CORP              | US        |      9759 | NS      | $1016204.67   | 1.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Pioneer Natural Resources Company          | Pioneer Natural Resources Co.           | CUSIP: 723787107<br>LEI: FY8JBF7CCL2VE4F1B628 | Long             | EC               | CORP              | US        |      6135 | NS      | $1401172.65   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Tyson Foods, Inc.                          | Tyson Foods, Inc.                       | CUSIP: 902494103<br>LEI: WD6L6041MNRW1JE49D58 | Long             | EC               | CORP              | US        |     16135 | NS      | $1004403.75   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameren Corporation                         | Ameren Corp.                            | CUSIP: 023608102<br>LEI: XRZQ5S7HYJFPHJ78L959 | Long             | EC               | CORP              | US        |     15411 | NS      | $1370346.12   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Globe Life Inc                             | Globe Life, Inc.                        | CUSIP: 37959E102<br>LEI: 5493001JFHKQOPP6XA71 | Long             | EC               | CORP              | US        |     13044 | NS      | $1572454.20   | 2.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Pulte Group Inc                            | PulteGroup, Inc.                        | CUSIP: 745867101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21981 | NS      | $1000794.93   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Republic Services, Inc.                    | Republic Services, Inc.                 | CUSIP: 760759100<br>LEI: NKNQHM6BLECKVOQP7O46 | Long             | EC               | CORP              | US        |     10483 | NS      | $1352202.17   | 1.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Arrow Electronics, Inc.                    | Arrow Electronics, Inc.                 | CUSIP: 042735100<br>LEI: 549300YNNLBXT8N8R512 | Long             | EC               | CORP              | US        |     10097 | NS      | $1055843.29   | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corporation                   | Atmos Energy Corp.                      | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     13382 | NS      | $1499720.74   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Baker Hughes Company                       | Baker Hughes Co.                        | CUSIP: 05722G100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41160 | NS      | $1215454.80   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                        | Huntington Conservative Deposit Account | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             |  | US        |   3193393 | PA      | $3193392.95   | 4.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Eagle Materials Inc.                       | Eagle Materials, Inc.                   | CUSIP: 26969P108<br>LEI: 529900KRXRGXL61SG039 | Long             | EC               | CORP              | US        |      7391 | NS      | $981894.35    | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| ITT Inc                                    | ITT, Inc.                               | CUSIP: 45073V108<br>LEI: 549300KDSERHTJOXUS80 | Long             | EC               | CORP              | US        |     15314 | NS      | $1241965.40   | 1.67%             |  |  |  | No            |                  1 | On Loan: No      |
| The Allstate Corporation                   | Allstate Corp.                          | CUSIP: 020002101<br>LEI: OBT0W1ED8G0NWVOLOJ77 | Long             | EC               | CORP              | US        |      8889 | NS      | $1205348.40   | 1.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Omnicom Group Inc                          | Omnicom Group, Inc.                     | CUSIP: 681919106<br>LEI: HKUPACFHSSASQK8HLS17 | Long             | EC               | CORP              | US        |     17005 | NS      | $1387097.85   | 1.87%             |  |  |  | No            |                  1 | On Loan: No      |
| NVent Electric PLC                         | nVent Electric PLC                      | CUSIP: G6700G107<br>LEI: N/A                  | Long             | EC               | CORP              | IE        |     39227 | NS      | $1509062.69   | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Ulta Beauty Inc                            | Ulta Beauty, Inc.                       | CUSIP: 90384S303<br>LEI: 529900CIV6HN8M28YM82 | Long             | EC               | CORP              | US        |      3043 | NS      | $1427380.01   | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Regal Rexnord Corporation                  | Regal Rexnord Corp.                     | CUSIP: 758750103<br>LEI: QH78R09VCJGQKPBPYU33 | Long             | EC               | CORP              | US        |      4493 | NS      | $539070.14    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Genuine Parts Co                           | Genuine Parts Co.                       | CUSIP: 372460105<br>LEI: 549300D46DQVEU651W04 | Long             | EC               | CORP              | US        |      8164 | NS      | $1416535.64   | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| US Foods Holding Corp                      | US Foods Holding Corp.                  | CUSIP: 912008109<br>LEI: 549300UGOZSO64CFPR97 | Long             | EC               | CORP              | US        |     16280 | NS      | $553845.60    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Caseys Gen Stores                          | Casey's General Stores, Inc.            | CUSIP: 147528103<br>LEI: 549300CAFWSI86V66Q65 | Long             | EC               | CORP              | US        |      5990 | NS      | $1343856.50   | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Encompass Health Corporation               | Encompass Health Corp.                  | CUSIP: 29261A100<br>LEI: 549300FVRPM9DRQZRG64 | Long             | EC               | CORP              | US        |     22319 | NS      | $1334899.39   | 1.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Autozone, Inc.                             | AutoZone, Inc.                          | CUSIP: 053332102<br>LEI: GA3JGKJ41LJKXDN23E90 | Long             | EC               | CORP              | US        |       628 | NS      | $1548761.04   | 2.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties Incorporated            | Cousins Properties, Inc.                | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |     37681 | NS      | $952952.49    | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Essex Property Trust, Inc.                 | Essex Property Trust, Inc.              | CUSIP: 297178105<br>LEI: 549300TR2H2VEFX0NC60 | Long             | EC               | CORP              | US        |      5894 | NS      | $1249056.48   | 1.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemed Corporation                         | Chemed Corp.                            | CUSIP: 16359R103<br>LEI: 54930020031IDJT2IM79 | Long             | EC               | CORP              | US        |      2319 | NS      | $1183687.17   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Reinsurance Group of America, Incorporated | Reinsurance Group of America, Inc.      | CUSIP: 759351604<br>LEI: LORM1GNEU1DKEW527V90 | Long             | EC               | CORP              | US        |      8454 | NS      | $1201228.86   | 1.62%             |  |  |  | No            |                  1 | On Loan: No      |
| FTI Consulting, Inc.                       | FTI Consulting, Inc.                    | CUSIP: 302941109<br>LEI: 549300K17GM8EQD0FQ48 | Long             | EC               | CORP              | US        |      7681 | NS      | $1219742.80   | 1.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Fifth Third Bancorp                        | Fifth Third Bancorp                     | CUSIP: 316773100<br>LEI: THRNG6BD57P9QWTQLG42 | Long             | EC               | CORP              | US        |     34831 | NS      | $1142805.11   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Stanley Black & Decker, Inc.               | Stanley Black & Decker, Inc.            | CUSIP: 854502101<br>LEI: 549300DJ09SMTO561131 | Long             | EC               | CORP              | US        |      4783 | NS      | $359298.96    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Conagra Brands Inc                         | ConAgra Foods, Inc.                     | CUSIP: 205887102<br>LEI: 54930035UDEIH090K650 | Long             | EC               | CORP              | US        |     35363 | NS      | $1368548.10   | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| SKECHERS USA, Inc.                         | Skechers U.S.A., Inc. - Class A         | CUSIP: 830566105<br>LEI: 529900D2R54KZPA4XR56 | Long             | EC               | CORP              | US        |     27391 | NS      | $1149052.45   | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Littelfuse Inc.                            | Littelfuse, Inc.                        | CUSIP: 537008104<br>LEI: 549300MY7HLQFYTPCX75 | Long             | EC               | CORP              | US        |      4928 | NS      | $1085145.60   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-31

**Name of Applicant:** Unified Series Trust

**Signature:** Gregory Knoth

**Name of Signer:** Gregory Knoth

**Title:** SVP, Mutual Fund Controller