# EDGAR Filing Document

**Accession Number:** 0001048702
**File Stem:** 0001752724-25-148512
**Filing Date:** 2025-6
**Character Count:** 104761
**Document Hash:** 7d4f0b3ba7f00a9965b14bafb6df8bb7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-148512.hdr.sgml**: 20250618

**ACCESSION NUMBER**: 0001752724-25-148512

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250618

**DATE AS OF CHANGE**: 20250618

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** NATIONWIDE MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0001048702

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08495
- **FILM NUMBER:** 251057065

**BUSINESS ADDRESS:**
- **STREET 1:** ONE NATIONWIDE PLAZA
- **STREET 2:** MAIL CODE 05-02-210
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215
- **BUSINESS PHONE:** 614-435-5749

**MAIL ADDRESS:**
- **STREET 1:** ONE NATIONWIDE PLAZA
- **STREET 2:** MAIL CODE 05-02-210
- **CITY:** COLUMBUS
- **STATE:** OH
- **ZIP:** 43215

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GARTMORE MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 20020125

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NATIONWIDE MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19991015

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** NATIONWIDE INVESTING FOUNDATION III
- **DATE OF NAME CHANGE:** 19971029

## Series and Classes Contracts Data

### Nationwide Bailard Cognitive Value Fund (Series ID: S000041092)

| Class ID   | Class Name                  | Ticker Symbol   |
|:---|:---|:---|
| C000127572 | Class A                     | NWHDX           |
| C000127574 | Class M                     | NWHFX           |
| C000127575 | Class R6                    | NWHGX           |
| C000127576 | Institutional Service Class | NWHHX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Nationwide Mutual Funds

- **b. Investment Company Act file number:** 811-08495

- **c. CIK number of Registrant:** 0001048702

- **d. LEI of Registrant:** 549300NXDT8MH8Z3PQ44

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

  - **Street Address 1:** One Nationwide Plaza

  - **City:** Columbus

  - **State:** OH

  - **Foreign country:** US

  - **Zip / Postal Code:** 43215

  - **Telephone number:** 614-435-3820

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

- **a. Name of Series:** Nationwide Bailard Cognitive Value Fund

- **b. EDGAR series identifier (if any):** S000041092

- **c. LEI of Series:** 5493003RBC4C6JPHR156

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-04-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $95228495.24

**Total Liabilities:** $3133344.43

**Net Assets:** $92095150.81

**Cash Not Reported:** $509887.24

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000127575 | -3.47%               | -5.27%               | -3.87%               |
| Class ID C000127572 | -3.50%               | -5.31%               | -3.90%               |
| Class ID C000127576 | -3.52%               | -5.25%               | -3.92%               |
| Class ID C000127574 | -3.53%               | -5.20%               | -3.94%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $546846.34               | $-4365670.47                               |
| Month 2  | $-1906084.47             | $-3623783.40                               |
| Month 3  | $-4448552.10             | $676504.52                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Radian Group, Inc.                          | Radian Group, Inc.                                 | CUSIP: 750236101<br>LEI: 54930005OUP720S5U385 | Long             | EC               | CORP              | US        |      8200 | NS      | $261908.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Group 1 Automotive, Inc.                    | Group 1 Automotive, Inc.                           | CUSIP: 398905109<br>LEI: 549300US8QAZJLWYAF63 | Long             | EC               | CORP              | US        |      1300 | NS      | $524719.00    | 0.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Renasant Corp.                              | Renasant Corp.                                     | CUSIP: 75970E107<br>LEI: 549300OVE6OZHW2UUH81 | Long             | EC               | CORP              | US        |      3000 | NS      | $96210.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Jounce Therapeutics, Inc.                   | Jounce Therapeutics, Inc. CVR                      | CUSIP: 481CVR017<br>LEI: N/A                  | Long             |  | CORP              | DK        |     90200 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| COPT Defense Properties                     | COPT Defense Properties                            | CUSIP: 22002T108<br>LEI: YY1J47X6LF9TYY8JY420 | Long             | EC               | CORP              | US        |     17400 | NS      | $454314.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Industries, Inc.                    | Trinity Industries, Inc.                           | CUSIP: 896522109<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | EC               | CORP              | US        |      3900 | NS      | $97890.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Mirion Technologies, Inc.                   | Mirion Technologies, Inc., Class A                 | CUSIP: 60471A101<br>LEI: 549300BNTOWVWFNVTJ65 | Long             | EC               | CORP              | US        |     13300 | NS      | $209874.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: —       |
| Gulfport Energy Corp.                       | Gulfport Energy Corp.                              | CUSIP: 402635502<br>LEI: 254900DJRGZBUZ3F5038 | Long             | EC               | CORP              | US        |      3585 | NS      | $618412.50    | 0.67%             |  |  |  | No            |                  1 | On Loan: —       |
| WesBanco, Inc.                              | WesBanco, Inc.                                     | CUSIP: 950810101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23042 | NS      | $686190.76    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| RF Industries Ltd.                          | RF Industries Ltd.                                 | CUSIP: 749552105<br>LEI: 529900MVE73NJ5FHP926 | Long             | EC               | CORP              | US        |      1652 | NS      | $6327.16      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp.                     | Louisiana-Pacific Corp.                            | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |      1600 | NS      | $138096.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Addus HomeCare Corp.                        | Addus HomeCare Corp.                               | CUSIP: 006739106<br>LEI: 52990090ZT33AKPDBX62 | Long             | EC               | CORP              | US        |      2100 | NS      | $219555.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| NewtekOne, Inc.                             | NewtekOne, Inc.                                    | CUSIP: 652526203<br>LEI: 549300YLU78IA8GKJ688 | Long             | EC               | CORP              | US        |     21400 | NS      | $222560.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion, Inc.                             | Ingredion, Inc.                                    | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |      3289 | NS      | $436844.98    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| TEGNA, Inc.                                 | TEGNA, Inc.                                        | CUSIP: 87901J105<br>LEI: 549300YC5EDBGX85AO10 | Long             | EC               | CORP              | US        |     36600 | NS      | $594018.00    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Resideo Technologies, Inc.                  | Resideo Technologies, Inc.                         | CUSIP: 76118Y104<br>LEI: 5493006TKFPYISY2DS54 | Long             | EC               | CORP              | US        |     36100 | NS      | $605758.00    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| OneSpan, Inc.                               | OneSpan, Inc.                                      | CUSIP: 68287N100<br>LEI: 984500E502E6DC354D26 | Long             | EC               | CORP              | US        |     15800 | NS      | $234946.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| TriCo Bancshares                            | TriCo Bancshares                                   | CUSIP: 896095106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     17600 | NS      | $679008.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Ligand Pharmaceuticals, Inc.                | Ligand Pharmaceuticals, Inc.                       | CUSIP: 53220K504<br>LEI: 5493008K7TB0IKP37H79 | Long             | EC               | CORP              | US        |      1400 | NS      | $153804.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Climb Global Solutions, Inc.                | Climb Global Solutions, Inc.                       | CUSIP: 946760105<br>LEI: 549300LKM16VX2FG7J68 | Long             | EC               | CORP              | US        |      2200 | NS      | $231880.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Meritage Homes Corp.                        | Meritage Homes Corp.                               | CUSIP: 59001A102<br>LEI: 52990044W9UMFJO2FB97 | Long             | EC               | CORP              | US        |      2700 | NS      | $183978.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| SpartanNash Co.                             | SpartanNash Co.                                    | CUSIP: 847215100<br>LEI: 549300TV3QCCSQLF5X16 | Long             | EC               | CORP              | US        |      6700 | NS      | $132928.00    | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Mercantile Bank Corp.                       | Mercantile Bank Corp.                              | CUSIP: 587376104<br>LEI: P16VZZCKTJ5IONL6XE37 | Long             | EC               | CORP              | US        |     15601 | NS      | $660078.31    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Enstar Group Ltd.                           | Enstar Group Ltd.                                  | CUSIP: N/A<br>LEI: 213800AMAL5QFXVUCN04       | Long             | EC               | CORP              | BM        |       600 | NS      | $200646.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Option Care Health, Inc.                    | Option Care Health, Inc.                           | CUSIP: 68404L201<br>LEI: 549300DI3Q5ACSYJRI17 | Long             | EC               | CORP              | US        |     12800 | NS      | $413568.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| First Bank                                  | First Bank                                         | CUSIP: 31931U102<br>LEI: 549300YS4CB1171BRJ08 | Long             | EC               | CORP              | US        |     19000 | NS      | $273220.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Gannett Co., Inc.                           | Gannett Co., Inc.                                  | CUSIP: 36472T109<br>LEI: 549300JQ2PU0RI3ZBA32 | Long             | EC               | CORP              | US        |     64204 | NS      | $205452.80    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Proto Labs, Inc.                            | Proto Labs, Inc.                                   | CUSIP: 743713109<br>LEI: 529900QHG5MGWT2WQQ09 | Long             | EC               | CORP              | US        |     14400 | NS      | $506304.00    | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| United Natural Foods, Inc.                  | United Natural Foods, Inc.                         | CUSIP: 911163103<br>LEI: 549300GKGW6WPZ282D40 | Long             | EC               | CORP              | US        |     23300 | NS      | $622343.00    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| El Pollo Loco Holdings, Inc.                | El Pollo Loco Holdings, Inc.                       | CUSIP: 268603107<br>LEI: 549300EZCBNF4G707K90 | Long             | EC               | CORP              | US        |     23200 | NS      | $216920.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Liquidity Services, Inc.                    | Liquidity Services, Inc.                           | CUSIP: 53635B107<br>LEI: 5299002AZ4ULSAXN0G81 | Long             | EC               | CORP              | US        |     10300 | NS      | $327334.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Solaris Energy Infrastructure, Inc.         | Solaris Energy Infrastructure, Inc., Class A       | CUSIP: 83418M103<br>LEI: 529900MTK3C8Y8TIIC10 | Long             | EC               | CORP              | US        |     11152 | NS      | $235753.28    | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| Urban Outfitters, Inc.                      | Urban Outfitters, Inc.                             | CUSIP: 917047102<br>LEI: 549300N3DUFR5U6NRN38 | Long             | EC               | CORP              | US        |      9800 | NS      | $517244.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Radiant Logistics, Inc.                     | Radiant Logistics, Inc.                            | CUSIP: 75025X100<br>LEI: 549300HWCW2HBOG4GN20 | Long             | EC               | CORP              | US        |     15974 | NS      | $93447.90     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Self Storage, Inc.                   | Global Self Storage, Inc.                          | CUSIP: 37955N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16107 | NS      | $84078.54     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Strattec Security Corp.                     | Strattec Security Corp.                            | CUSIP: 863111100<br>LEI: 549300Z394OP8S8TSR40 | Long             | EC               | CORP              | US        |      6832 | NS      | $227642.24    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CF SECURED LLC                              | Treasury Repurchase Agreement                      | CUSIP: N/A<br>LEI: 254900OXTV81I73FAT50       | Long             | RA               | CORP              | US        |   3025974 | PA      | $3025973.95   | 3.29%             |  |  |  | No            |                  2 | On Loan: No      |
| ACRES Commercial Realty Corp.               | ACRES Commercial Realty Corp.                      | CUSIP: 00489Q102<br>LEI: 549300RUJWPCMY4JFR46 | Long             | EC               | CORP              | US        |     11863 | NS      | $229311.79    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Chemung Financial Corp.                     | Chemung Financial Corp.                            | CUSIP: 164024101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       100 | NS      | $4434.00      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| EVI Industries, Inc.                        | EVI Industries, Inc.                               | CUSIP: 26929N102<br>LEI: 549300RU296J63VW0297 | Long             | EC               | CORP              | US        |     11556 | NS      | $186398.28    | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Organogenesis Holdings, Inc.                | Organogenesis Holdings, Inc., Class A              | CUSIP: 68621F102<br>LEI: 549300RLC2O821TU6941 | Long             | EC               | CORP              | US        |     42913 | NS      | $210702.83    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Cantaloupe, Inc.                            | Cantaloupe, Inc.                                   | CUSIP: 138103106<br>LEI: 529900O54DBQQVWO9Q85 | Long             | EC               | CORP              | US        |     17716 | NS      | $141728.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Excelerate Energy, Inc.                     | Excelerate Energy, Inc., Class A                   | CUSIP: 30069T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     25100 | NS      | $642058.00    | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Energy Fuels, Inc.                          | Energy Fuels, Inc.                                 | CUSIP: 292671708<br>LEI: 529900P0GCATXMGK8I62 | Long             | EC               | CORP              | CA        |     48301 | NS      | $218320.52    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| American Public Education, Inc.             | American Public Education, Inc.                    | CUSIP: 02913V103<br>LEI: 254900GZNX6TJQGM4S17 | Long             | EC               | CORP              | US        |     15295 | NS      | $359432.50    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Rayonier Advanced Materials, Inc.           | Rayonier Advanced Materials, Inc.                  | CUSIP: 75508B104<br>LEI: 54930053QJ7OUGZG4F72 | Long             | EC               | CORP              | US        |     54400 | NS      | $231744.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| DXP Enterprises, Inc.                       | DXP Enterprises, Inc.                              | CUSIP: 233377407<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3900 | NS      | $344994.00    | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co.                               | SM Energy Co.                                      | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |     11600 | NS      | $264364.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| National Health Investors, Inc.             | National Health Investors, Inc.                    | CUSIP: 63633D104<br>LEI: 549300ZPKZIG6DKDEC02 | Long             | EC               | CORP              | US        |      9875 | NS      | $747241.25    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Shore Bancshares, Inc.                      | Shore Bancshares, Inc.                             | CUSIP: 825107105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     48900 | NS      | $676287.00    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC Investment Corp.                       | MGIC Investment Corp.                              | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |     21440 | NS      | $534070.40    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Skillsoft Corp.                             | Skillsoft Corp.                                    | CUSIP: 83066P309<br>LEI: 213800IN3X8SP8HFLL39 | Long             | EC               | CORP              | US        |     11166 | NS      | $213605.58    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Uranium Energy Corp.                        | Uranium Energy Corp.                               | CUSIP: 916896103<br>LEI: 549300VD69WD2USLIP04 | Long             | EC               | CORP              | US        |     37600 | NS      | $197400.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| TripAdvisor, Inc.                           | TripAdvisor, Inc.                                  | CUSIP: 896945201<br>LEI: 549300XVG45PT5BART17 | Long             | EC               | CORP              | US        |     29000 | NS      | $361050.00    | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Colony Bankcorp, Inc.                       | Colony Bankcorp, Inc.                              | CUSIP: 19623P101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     27603 | NS      | $428398.56    | 0.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Taylor Morrison Home Corp.                  | Taylor Morrison Home Corp., Class A                | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |     10600 | NS      | $607910.00    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Ormat Technologies, Inc.                    | Ormat Technologies, Inc.                           | CUSIP: 686688102<br>LEI: 5493000TSHHWY24VHM09 | Long             | EC               | CORP              | US        |      4400 | NS      | $319440.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Smart Sand, Inc.                            | Smart Sand, Inc.                                   | CUSIP: 83191H107<br>LEI: 549300JISW1T66DVOK23 | Long             | EC               | CORP              | US        |     44671 | NS      | $93809.10     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Amalgamated Financial Corp.                 | Amalgamated Financial Corp.                        | CUSIP: 022671101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     28003 | NS      | $788564.48    | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Mistras Group, Inc.                         | Mistras Group, Inc.                                | CUSIP: 60649T107<br>LEI: 5493000CMNXVLND3FU73 | Long             | EC               | CORP              | US        |     25293 | NS      | $230672.16    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Mueller Industries, Inc.                    | Mueller Industries, Inc.                           | CUSIP: 624756102<br>LEI: 5493005IZFE4VJLLYG84 | Long             | EC               | CORP              | US        |      2500 | NS      | $183900.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultralife Corp.                             | Ultralife Corp.                                    | CUSIP: 903899102<br>LEI: 529900NVAFLKA00F3U05 | Long             | EC               | CORP              | US        |     26081 | NS      | $116842.88    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Range Resources Corp.                       | Range Resources Corp.                              | CUSIP: 75281A109<br>LEI: H3Y3WLYCX0BTO1TRW162 | Long             | EC               | CORP              | US        |      5400 | NS      | $183222.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Garden & Pet Co.                    | Central Garden & Pet Co., Class A                  | CUSIP: 153527205<br>LEI: 5493004DVZLD37DJ0H83 | Long             | EC               | CORP              | US        |      6000 | NS      | $177420.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Federal Realty Investment Trust             | Federal Realty Investment Trust                    | CUSIP: 313745101<br>LEI: 549300FHEI1SLVZ0RB48 | Long             | EC               | CORP              | US        |      7200 | NS      | $676944.00    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Teekay Tankers Ltd.                         | Teekay Tankers Ltd., Class A                       | CUSIP: N/A<br>LEI: 549300DE8ZAIYS2T6Q22       | Long             | EC               | CORP              | BM        |     11174 | NS      | $475677.18    | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| OceanFirst Financial Corp.                  | OceanFirst Financial Corp.                         | CUSIP: 675234108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43571 | NS      | $721535.76    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                    | Fabrinet                                           | CUSIP: N/A<br>LEI: 5493004TETZ6IYF7CV44       | Long             | EC               | CORP              | KY        |      1300 | NS      | $266578.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Kelly Services, Inc.                        | Kelly Services, Inc., Class A                      | CUSIP: 488152208<br>LEI: 25490035B2ZPL6RM1974 | Long             | EC               | CORP              | US        |     20100 | NS      | $232155.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Kirby Corp.                                 | Kirby Corp.                                        | CUSIP: 497266106<br>LEI: I7NO6FZO5GUCG585T325 | Long             | EC               | CORP              | US        |      6100 | NS      | $587857.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Viavi Solutions, Inc.                       | Viavi Solutions, Inc.                              | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |     17800 | NS      | $188324.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Essential Properties Realty Trust, Inc.     | Essential Properties Realty Trust, Inc.            | CUSIP: 29670E107<br>LEI: 2549009LXQLVYCGLZO50 | Long             | EC               | CORP              | US        |     25273 | NS      | $813032.41    | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| United Community Banks, Inc.                | United Community Banks, Inc.                       | CUSIP: 90984P303<br>LEI: 549300GVW0FV66X3U703 | Long             | EC               | CORP              | US        |     26800 | NS      | $739948.00    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co.                           | Boise Cascade Co.                                  | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |      2500 | NS      | $233200.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Cytek Biosciences, Inc.                     | Cytek Biosciences, Inc.                            | CUSIP: 23285D109<br>LEI: 549300K2J28BOC6FBO89 | Long             | EC               | CORP              | US        |     24300 | NS      | $90153.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Gray Media, Inc.                            | Gray Media, Inc.                                   | CUSIP: 389375106<br>LEI: 529900TM5726KDN7UU35 | Long             | EC               | CORP              | US        |     73300 | NS      | $245555.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Essent Group Ltd.                           | Essent Group Ltd.                                  | CUSIP: N/A<br>LEI: 254900QUO860OUT6ZF83       | Long             | EC               | CORP              | BM        |      3900 | NS      | $222027.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| ChoiceOne Financial Services, Inc.          | ChoiceOne Financial Services, Inc.                 | CUSIP: 170386106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13500 | NS      | $383805.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| MVB Financial Corp.                         | MVB Financial Corp.                                | CUSIP: 553810102<br>LEI: 549300KSUQ2FUU1X2O74 | Long             | EC               | CORP              | US        |      3600 | NS      | $61416.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| RGC Resources, Inc.                         | RGC Resources, Inc.                                | CUSIP: 74955L103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1000 | NS      | $20970.00     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| LendingClub Corp.                           | LendingClub Corp.                                  | CUSIP: 52603A208<br>LEI: 549300YC50YO7Y1OJR92 | Long             | EC               | CORP              | US        |     33600 | NS      | $328272.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| MFA Financial, Inc.                         | MFA Financial, Inc.                                | CUSIP: 55272X607<br>LEI: YW72IMH2RRC8Z1TGLG58 | Long             | EC               | CORP              | US        |     26066 | NS      | $255968.12    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Bar Harbor Bankshares                       | Bar Harbor Bankshares                              | CUSIP: 066849100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     18821 | NS      | $557854.44    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearway Energy, Inc.                       | Clearway Energy, Inc., Class A                     | CUSIP: 18539C105<br>LEI: 549300LHAZ9HA9G3XC48 | Long             | EC               | CORP              | US        |     16900 | NS      | $462215.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| J & J Snack Foods Corp.                     | J & J Snack Foods Corp.                            | CUSIP: 466032109<br>LEI: 894500IGP1Y2ZQFQMJ83 | Long             | EC               | CORP              | US        |       200 | NS      | $25918.00     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Griffon Corp.                               | Griffon Corp.                                      | CUSIP: 398433102<br>LEI: 5493000C2SGNC7ZN3242 | Long             | EC               | CORP              | US        |      5617 | NS      | $382573.87    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Exelixis, Inc.                              | Exelixis, Inc.                                     | CUSIP: 30161Q104<br>LEI: 254900PJQB59O2O95R37 | Long             | EC               | CORP              | US        |      4900 | NS      | $191835.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ranger Energy Services, Inc.                | Ranger Energy Services, Inc., Class A              | CUSIP: 75282U104<br>LEI: 549300J7RIVGVAN0RE23 | Long             | EC               | CORP              | US        |     21850 | NS      | $242316.50    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Popular, Inc.                               | Popular, Inc.                                      | CUSIP: 733174700<br>LEI: 5493008CARDZMVQ3LO89 | Long             | EC               | CORP              | PR        |      5700 | NS      | $543894.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Mitek Systems, Inc.                         | Mitek Systems, Inc.                                | CUSIP: 606710200<br>LEI: 549300ABZAQ3R25XG118 | Long             | EC               | CORP              | US        |     28800 | NS      | $238464.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Janux Therapeutics, Inc.                    | Janux Therapeutics, Inc.                           | CUSIP: 47103J105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6500 | NS      | $215800.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Caledonia Mining Corp. plc                  | Caledonia Mining Corp. plc                         | CUSIP: N/A<br>LEI: 21380093ZBI4BFM75Y51       | Long             | EC               | CORP              | JE        |     19325 | NS      | $254510.25    | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| WNS Holdings Ltd.                           | WNS Holdings Ltd.                                  | CUSIP: N/A<br>LEI: 529900RM7QHUD3W9DM42       | Long             | EC               | CORP              | JE        |      3600 | NS      | $217872.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Castle Biosciences, Inc.                    | Castle Biosciences, Inc.                           | CUSIP: 14843C105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11400 | NS      | $228570.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Rithm Capital Corp.                         | Rithm Capital Corp.                                | CUSIP: 64828T201<br>LEI: 549300WNTHGEO5LP2G31 | Long             | EC               | CORP              | US        |      5900 | NS      | $65962.00     | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwestern Energy Group, Inc.             | Northwestern Energy Group, Inc.                    | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |      8800 | NS      | $512424.00    | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Smithfield Foods, Inc.                      | Smithfield Foods, Inc.                             | CUSIP: 832248207<br>LEI: CVTIPZRZJC0JQEZLL598 | Long             | EC               | CORP              | US        |     24400 | NS      | $541924.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Honest Co., Inc. (The)                      | Honest Co., Inc. (The)                             | CUSIP: 438333106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49800 | NS      | $238542.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Mayville Engineering Co., Inc.              | Mayville Engineering Co., Inc.                     | CUSIP: 578605107<br>LEI: 9845008D43E42A7FC362 | Long             | EC               | CORP              | US        |     18600 | NS      | $237708.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Winmark Corp.                               | Winmark Corp.                                      | CUSIP: 974250102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       771 | NS      | $277567.71    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| AtriCure, Inc.                              | AtriCure, Inc.                                     | CUSIP: 04963C209<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2600 | NS      | $77766.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Independent Bank Corp.                      | Independent Bank Corp.                             | CUSIP: 453838609<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     22360 | NS      | $681085.60    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Plexus Corp.                                | Plexus Corp.                                       | CUSIP: 729132100<br>LEI: 549300W7HCBI5YT25I79 | Long             | EC               | CORP              | US        |      2200 | NS      | $269346.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Perimeter Solutions, Inc.                   | Perimeter Solutions, Inc.                          | CUSIP: 71385M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21500 | NS      | $217795.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| UMB Financial Corp.                         | UMB Financial Corp.                                | CUSIP: 902788108<br>LEI: 549300MGEH3N3CUCV828 | Long             | EC               | CORP              | US        |      7616 | NS      | $720245.12    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Skyward Specialty Insurance Group, Inc.     | Skyward Specialty Insurance Group, Inc.            | CUSIP: 830940102<br>LEI: 549300GXGXJG0YH4VN21 | Long             | EC               | CORP              | US        |      3500 | NS      | $185815.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| CNB Financial Corp.                         | CNB Financial Corp.                                | CUSIP: 126128107<br>LEI: 254900RUYUOKD91VNX69 | Long             | EC               | CORP              | US        |      2500 | NS      | $54875.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Greenlight Capital Re Ltd.                  | Greenlight Capital Re Ltd., Class A                | CUSIP: N/A<br>LEI: 549300Q9HRIFA2BGHJ51       | Long             | EC               | CORP              | KY        |     10200 | NS      | $133773.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Seneca Foods Corp.                          | Seneca Foods Corp., Class A                        | CUSIP: 817070501<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3596 | NS      | $322525.24    | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Tactile Systems Technology, Inc.            | Tactile Systems Technology, Inc.                   | CUSIP: 87357P100<br>LEI: 54930069VDTITHOTKJ98 | Long             | EC               | CORP              | US        |     10100 | NS      | $142612.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Allient, Inc.                               | Allient, Inc.                                      | CUSIP: 019330109<br>LEI: 549300I2LHAWYGNBPM97 | Long             | EC               | CORP              | US        |     11000 | NS      | $234850.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Warby Parker, Inc.                          | Warby Parker, Inc., Class A                        | CUSIP: 93403J106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11700 | NS      | $193167.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Cousins Properties, Inc.                    | Cousins Properties, Inc.                           | CUSIP: 222795502<br>LEI: 5493007XPYD5EJABN062 | Long             | EC               | CORP              | US        |     15172 | NS      | $417836.88    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Insurance Holdings, Inc.          | Universal Insurance Holdings, Inc.                 | CUSIP: 91359V107<br>LEI: 529900GGAZ6WVUCWQM46 | Long             | EC               | CORP              | US        |     14500 | NS      | $351480.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| UniFirst Corp.                              | UniFirst Corp.                                     | CUSIP: 904708104<br>LEI: 5493003XBTNWBC8UK019 | Long             | EC               | CORP              | US        |      3000 | NS      | $535410.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Laureate Education, Inc.                    | Laureate Education, Inc.                           | CUSIP: 518613203<br>LEI: 5JL7TMOH5TY3IUYSUP91 | Long             | EC               | CORP              | US        |     22229 | NS      | $446136.03    | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Adtalem Global Education, Inc.              | Adtalem Global Education, Inc.                     | CUSIP: 00737L103<br>LEI: 549300Z467EZLMODV621 | Long             | EC               | CORP              | US        |      4271 | NS      | $453580.20    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| LXP Industrial Trust                        | LXP Industrial Trust                               | CUSIP: 529043101<br>LEI: 549300S4MH2ICXDBFV43 | Long             | EC               | CORP              | US        |     69200 | NS      | $545988.00    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| First Business Financial Services, Inc.     | First Business Financial Services, Inc.            | CUSIP: 319390100<br>LEI: 549300BXKLW2T50TKU95 | Long             | EC               | CORP              | US        |      6700 | NS      | $322538.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Pacira BioSciences, Inc.                    | Pacira BioSciences, Inc.                           | CUSIP: 695127100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4200 | NS      | $112980.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: —       |
| Global Business Travel Group I              | Global Business Travel Group I                     | CUSIP: 37890B100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     39600 | NS      | $265716.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| JBT Marel Corp.                             | JBT Marel Corp.                                    | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |      1900 | NS      | $199994.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: —       |
| Nature's Sunshine Products, Inc.            | Nature's Sunshine Products, Inc.                   | CUSIP: 639027101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19700 | NS      | $242704.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Fresh Del Monte Produce, Inc.               | Fresh Del Monte Produce, Inc.                      | CUSIP: N/A<br>LEI: 529900I72V9F0FEZR228       | Long             | EC               | CORP              | KY        |     21000 | NS      | $714210.00    | 0.78%             |  |  |  | No            |                  1 | On Loan: —       |
| Arko Corp.                                  | Arko Corp.                                         | CUSIP: 041242108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     44400 | NS      | $178710.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: —       |
| ADT, Inc.                                   | ADT, Inc.                                          | CUSIP: 00090Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     57400 | NS      | $460348.00    | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| CNO Financial Group, Inc.                   | CNO Financial Group, Inc.                          | CUSIP: 12621E103<br>LEI: 11XPYHB76MPM4Y4P2897 | Long             | EC               | CORP              | US        |     21800 | NS      | $827092.00    | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Bioventus, Inc.                             | Bioventus, Inc., Class A                           | CUSIP: 09075A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     30700 | NS      | $224417.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Telephone & Data Systems, Inc.              | Telephone & Data Systems, Inc.                     | CUSIP: 879433829<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7400 | NS      | $277426.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| MDU Resources Group, Inc.                   | MDU Resources Group, Inc.                          | CUSIP: 552690109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     23788 | NS      | $407726.32    | 0.44%             |  |  |  | No            |                  1 | On Loan: —       |
| Hanmi Financial Corp.                       | Hanmi Financial Corp.                              | CUSIP: 410495204<br>LEI: 549300MSZ7RCG7EA6587 | Long             | EC               | CORP              | US        |     35623 | NS      | $814698.01    | 0.88%             |  |  |  | No            |                  1 | On Loan: —       |
| Collegium Pharmaceutical, Inc.              | Collegium Pharmaceutical, Inc.                     | CUSIP: 19459J104<br>LEI: 54930049FXZMTLW8D496 | Long             | EC               | CORP              | US        |      3988 | NS      | $107656.06    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Protara Therapeutics, Inc.                  | Protara Therapeutics, Inc.                         | CUSIP: 74365U107<br>LEI: 549300VWUGH3220TG273 | Long             | EC               | CORP              | US        |     29769 | NS      | $104191.50    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Life Time Group Holdings, Inc.              | Life Time Group Holdings, Inc.                     | CUSIP: 53190C102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6100 | NS      | $187026.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Associated Banc-Corp.                       | Associated Banc-Corp.                              | CUSIP: 045487105<br>LEI: 549300N3CIN473IW5094 | Long             | EC               | CORP              | US        |     12764 | NS      | $281573.84    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Coeur Mining, Inc.                          | Coeur Mining, Inc.                                 | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |     59000 | NS      | $327450.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: —       |
| Signet Jewelers Ltd.                        | Signet Jewelers Ltd.                               | CUSIP: N/A<br>LEI: 549300N3XPGE91WV7M22       | Long             | EC               | CORP              | BM        |      2000 | NS      | $118600.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: —       |
| Genesco, Inc.                               | Genesco, Inc.                                      | CUSIP: 371532102<br>LEI: 549300VY2Q511P1K5P56 | Long             | EC               | CORP              | US        |      7500 | NS      | $145500.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| SkyWest, Inc.                               | SkyWest, Inc.                                      | CUSIP: 830879102<br>LEI: 529900UYS2KGS6Z42P09 | Long             | EC               | CORP              | US        |      6500 | NS      | $579605.00    | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Avista Corp.                                | Avista Corp.                                       | CUSIP: 05379B107<br>LEI: Q0IK63NITJD6RJ47SW96 | Long             | EC               | CORP              | US        |     16000 | NS      | $663520.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Ollie's Bargain Outlet Holdings, Inc.       | Ollie's Bargain Outlet Holdings, Inc.              | CUSIP: 681116109<br>LEI: 529900YO5DSQCPEFDZ05 | Long             | EC               | CORP              | US        |      2500 | NS      | $265275.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: —       |
| Riley Exploration Permian, Inc.             | Riley Exploration Permian, Inc.                    | CUSIP: 76665T102<br>LEI: 5493008CUBI02XP43Q95 | Long             | EC               | CORP              | US        |      9442 | NS      | $233028.56    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp.                           | Black Hills Corp.                                  | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |     10000 | NS      | $609000.00    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern States Bancshares, Inc.            | Southern States Bancshares, Inc.                   | CUSIP: 843878307<br>LEI: 54930074ZMW7KARTWQ27 | Long             | EC               | CORP              | US        |     12500 | NS      | $417625.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Amneal Pharmaceuticals, Inc.                | Amneal Pharmaceuticals, Inc.                       | CUSIP: 03168L105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      7700 | NS      | $58982.00     | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries, Inc.                      | Cavco Industries, Inc.                             | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       400 | NS      | $197540.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Urban Edge Properties                       | Urban Edge Properties                              | CUSIP: 91704F104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10000 | NS      | $180700.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Perrigo Co. plc                             | Perrigo Co. plc                                    | CUSIP: N/A<br>LEI: 549300IFOQS6R1QLY196       | Long             | EC               | CORP              | IE        |      5400 | NS      | $138888.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Willis Lease Finance Corp.                  | Willis Lease Finance Corp.                         | CUSIP: 970646105<br>LEI: 54930023EP1OE5MKWF89 | Long             | EC               | CORP              | US        |       600 | NS      | $92832.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Cadence Bank                                | Cadence Bank                                       | CUSIP: 12740C103<br>LEI: Q7C315HKI8VX0SSKBS64 | Long             | EC               | CORP              | US        |      9741 | NS      | $285021.66    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Alexander & Baldwin, Inc.                   | Alexander & Baldwin, Inc.                          | CUSIP: 014491104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     16000 | NS      | $274880.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Civista Bancshares, Inc.                    | Civista Bancshares, Inc.                           | CUSIP: 178867107<br>LEI: 5493001LX61Z2UVYSC48 | Long             | EC               | CORP              | US        |     21526 | NS      | $484550.26    | 0.53%             |  |  |  | No            |                  1 | On Loan: —       |
| BayCom Corp.                                | BayCom Corp.                                       | CUSIP: 07272M107<br>LEI: 549300UOLS54Q5ONIG33 | Long             | EC               | CORP              | US        |      8700 | NS      | $226287.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co.                       | Matador Resources Co.                              | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |      4700 | NS      | $185838.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Insteel Industries, Inc.                    | Insteel Industries, Inc.                           | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |      1374 | NS      | $46592.34     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Newmark Group, Inc.                         | Newmark Group, Inc., Class A                       | CUSIP: 65158N102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     49201 | NS      | $540718.99    | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| First Industrial Realty Trust, Inc.         | First Industrial Realty Trust, Inc.                | CUSIP: 32054K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14500 | NS      | $689910.00    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Velocity Financial, Inc.                    | Velocity Financial, Inc.                           | CUSIP: 92262D101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13192 | NS      | $235741.04    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| SmartFinancial, Inc.                        | SmartFinancial, Inc.                               | CUSIP: 83190L208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19700 | NS      | $599274.00    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Outfront Media, Inc.                        | Outfront Media, Inc.                               | CUSIP: 69007J304<br>LEI: 549300RZWDYU5722I639 | Long             | EC               | CORP              | US        |     45152 | NS      | $683149.76    | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Electromed, Inc.                            | Electromed, Inc.                                   | CUSIP: 285409108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9997 | NS      | $230230.91    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Hanover Insurance Group, Inc. (The)         | Hanover Insurance Group, Inc. (The)                | CUSIP: 410867105<br>LEI: JJYR6MFKFF6CF8DBZ078 | Long             | EC               | CORP              | US        |      2200 | NS      | $365420.00    | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Farmer Brothers Co.                         | Farmer Brothers Co.                                | CUSIP: 307675108<br>LEI: 5493006PMLETBTVJ3262 | Long             | EC               | CORP              | US        |     19834 | NS      | $37089.58     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Information Services Group, Inc.            | Information Services Group, Inc.                   | CUSIP: 45675Y104<br>LEI: 549300ZUNI6DQ0G8Q273 | Long             | EC               | CORP              | US        |     63552 | NS      | $246581.76    | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Sanmina Corp.                               | Sanmina Corp.                                      | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |      4600 | NS      | $353234.00    | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Ur-Energy, Inc.                             | Ur-Energy, Inc.                                    | CUSIP: 91688R108<br>LEI: 5493004ZEMNWEC7T6X93 | Long             | EC               | CORP              | CA        |    306200 | NS      | $230446.12    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Hub Group, Inc.                             | Hub Group, Inc., Class A                           | CUSIP: 443320106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      5700 | NS      | $180063.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Sabra Health Care REIT, Inc.                | Sabra Health Care REIT, Inc.                       | CUSIP: 78573L106<br>LEI: 549300E3BC7GU7TAZ621 | Long             | EC               | CORP              | US        |     42800 | NS      | $763980.00    | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Northrim Bancorp, Inc.                      | Northrim Bancorp, Inc.                             | CUSIP: 666762109<br>LEI: 5493006X7RLLTZ3SG075 | Long             | EC               | CORP              | US        |      5200 | NS      | $417508.00    | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Tredegar Corp.                              | Tredegar Corp.                                     | CUSIP: 894650100<br>LEI: 54930003228ERHCH6K87 | Long             | EC               | CORP              | US        |     30931 | NS      | $240333.87    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| International Bancshares Corp.              | International Bancshares Corp.                     | CUSIP: 459044103<br>LEI: 549300Y16R531AU8TX77 | Long             | EC               | CORP              | US        |     11400 | NS      | $695856.00    | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Sagimet Biosciences, Inc.                   | Sagimet Biosciences, Inc., Class A                 | CUSIP: 786700104<br>LEI: 2549002OT2F8BV0VPD02 | Long             | EC               | CORP              | US        |     29029 | NS      | $100150.05    | 0.11%             |  |  |  | No            |                  1 | On Loan: —       |
| Sally Beauty Holdings, Inc.                 | Sally Beauty Holdings, Inc.                        | CUSIP: 79546E104<br>LEI: 529900VXW6E8ONDIQ271 | Long             | EC               | CORP              | US        |     75300 | NS      | $612942.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| World Kinect Corp.                          | World Kinect Corp.                                 | CUSIP: 981475106<br>LEI: D3W7PCXCBRQLL17DZ313 | Long             | EC               | CORP              | US        |      7600 | NS      | $190684.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Mohawk Industries, Inc.                     | Mohawk Industries, Inc.                            | CUSIP: 608190104<br>LEI: 549300JI1115MG3Q6322 | Long             | EC               | CORP              | US        |      2500 | NS      | $265875.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| First Financial Corp.                       | First Financial Corp.                              | CUSIP: 320218100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     13303 | NS      | $657168.20    | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| UMH Properties, Inc.                        | UMH Properties, Inc.                               | CUSIP: 903002103<br>LEI: 529900OM5K3PJ11F0Q09 | Long             | EC               | CORP              | US        |     22400 | NS      | $395808.00    | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Banner Corp.                                | Banner Corp.                                       | CUSIP: 06652V208<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      1300 | NS      | $79482.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| NMI Holdings, Inc.                          | NMI Holdings, Inc., Class A                        | CUSIP: 629209305<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | EC               | CORP              | US        |      5700 | NS      | $206169.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Avidity Biosciences, Inc.                   | Avidity Biosciences, Inc.                          | CUSIP: 05370A108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      6700 | NS      | $218755.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: —       |
| Itron, Inc.                                 | Itron, Inc.                                        | CUSIP: 465741106<br>LEI: 24F6LSZD18II6ICG6S41 | Long             | EC               | CORP              | US        |      1800 | NS      | $200322.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Protalix BioTherapeutics, Inc.              | Protalix BioTherapeutics, Inc.                     | CUSIP: 74365A309<br>LEI: 549300SDVB3GP4XDFM60 | Long             | EC               | CORP              | US        |     33300 | NS      | $102231.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co.                       | Commercial Metals Co.                              | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |     13800 | NS      | $614652.00    | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Chinook Therapeutics, Inc.                  | Chinook Therapeutics, Inc., CVR                    | CUSIP: 169CVR016<br>LEI: N/A                  | Long             |  | CORP              | US        |      1992 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Community Trust Bancorp, Inc.               | Community Trust Bancorp, Inc.                      | CUSIP: 204149108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11300 | NS      | $553248.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| M/I Homes, Inc.                             | M/I Homes, Inc.                                    | CUSIP: 55305B101<br>LEI: 5299005M71FH9CCSFB69 | Long             | EC               | CORP              | US        |      5900 | NS      | $629412.00    | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Aris Water Solutions, Inc.                  | Aris Water Solutions, Inc., Class A                | CUSIP: 04041L106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9200 | NS      | $229632.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| QuinStreet, Inc.                            | QuinStreet, Inc.                                   | CUSIP: 74874Q100<br>LEI: 549300TP8MFBFPOS4Y78 | Long             | EC               | CORP              | US        |     14100 | NS      | $247032.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| Tanger, Inc.                                | Tanger, Inc.                                       | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |      7200 | NS      | $226872.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| LSI Industries, Inc.                        | LSI Industries, Inc.                               | CUSIP: 50216C108<br>LEI: 529900HY42OANH6BVT33 | Long             | EC               | CORP              | US        |     15800 | NS      | $238422.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Supernus Pharmaceuticals, Inc.              | Supernus Pharmaceuticals, Inc.                     | CUSIP: 868459108<br>LEI: 549300GRM36VBKISYJ58 | Long             | EC               | CORP              | US        |      3700 | NS      | $120176.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire, Inc.                                 | Spire, Inc.                                        | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |      1100 | NS      | $84194.00     | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Boot Barn Holdings, Inc.                    | Boot Barn Holdings, Inc.                           | CUSIP: 099406100<br>LEI: 529900QE1BFMYA3N4E71 | Long             | EC               | CORP              | US        |      1740 | NS      | $181551.60    | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| Aurinia Pharmaceuticals, Inc.               | Aurinia Pharmaceuticals, Inc.                      | CUSIP: 05156V102<br>LEI: 5299008YP2BW4570ML28 | Long             | EC               | CORP              | CA        |     11700 | NS      | $96408.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| NL Industries, Inc.                         | NL Industries, Inc.                                | CUSIP: 629156407<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21376 | NS      | $183406.08    | 0.20%             |  |  |  | No            |                  1 | On Loan: —       |
| ANI Pharmaceuticals, Inc.                   | ANI Pharmaceuticals, Inc.                          | CUSIP: 00182C103<br>LEI: 5493000T6CXTND40YH31 | Long             | EC               | CORP              | US        |      2000 | NS      | $141640.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Calavo Growers, Inc.                        | Calavo Growers, Inc.                               | CUSIP: 128246105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10400 | NS      | $287248.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Protagonist Therapeutics, Inc.              | Protagonist Therapeutics, Inc.                     | CUSIP: 74366E102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      2100 | NS      | $96222.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| ACI Worldwide, Inc.                         | ACI Worldwide, Inc.                                | CUSIP: 004498101<br>LEI: 5493003BPVMZUJ6F5C02 | Long             | EC               | CORP              | US        |     11900 | NS      | $634984.00    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Belden, Inc.                                | Belden, Inc.                                       | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |      1400 | NS      | $144354.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Pagaya Technologies Ltd.                    | Pagaya Technologies Ltd., Class A                  | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IL        |     23500 | NS      | $257560.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: —       |
| Corcept Therapeutics, Inc.                  | Corcept Therapeutics, Inc.                         | CUSIP: 218352102<br>LEI: 529900EO9LUTFMZ7FF90 | Long             | EC               | CORP              | US        |      2200 | NS      | $158136.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: —       |
| Ambarella, Inc.                             | Ambarella, Inc.                                    | CUSIP: N/A<br>LEI: 254900XN7F4DG0CEKC02       | Long             | EC               | CORP              | KY        |      4200 | NS      | $201558.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Adeia, Inc.                                 | Adeia, Inc.                                        | CUSIP: 00676P107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19600 | NS      | $241276.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Diebold Nixdorf, Inc.                       | Diebold Nixdorf, Inc.                              | CUSIP: 253651202<br>LEI: 549300XZK6EWDBAZSY16 | Long             | EC               | CORP              | US        |      7300 | NS      | $323609.00    | 0.35%             |  |  |  | No            |                  1 | On Loan: —       |
| Payoneer Global, Inc.                       | Payoneer Global, Inc.                              | CUSIP: 70451X104<br>LEI: 984500491C64C70FF033 | Long             | EC               | CORP              | US        |     55500 | NS      | $390165.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Quad/Graphics, Inc.                         | Quad/Graphics, Inc.                                | CUSIP: 747301109<br>LEI: W2D68G5NJH4X0NW8PT65 | Long             | EC               | CORP              | US        |     45276 | NS      | $215966.52    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Viant Technology, Inc.                      | Viant Technology, Inc., Class A                    | CUSIP: 92557A101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     19972 | NS      | $285799.32    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Univest Financial Corp.                     | Univest Financial Corp.                            | CUSIP: 915271100<br>LEI: 4WII2HCR8UEWNU03U507 | Long             | EC               | CORP              | US        |      8000 | NS      | $236320.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Gates Industrial Corp. plc                  | Gates Industrial Corp. plc                         | CUSIP: N/A<br>LEI: 549300S6K4FWUSB9KM27       | Long             | EC               | CORP              | GB        |     10539 | NS      | $199397.88    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Hamilton Insurance Group Ltd.               | Hamilton Insurance Group Ltd., Class B             | CUSIP: N/A<br>LEI: 549300W92BN1FIEXG871       | Long             | EC               | CORP              | BM        |     13882 | NS      | $256817.00    | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| PC Connection, Inc.                         | PC Connection, Inc.                                | CUSIP: 69318J100<br>LEI: 5299005WPRNIXDV2KM73 | Long             | EC               | CORP              | US        |      3800 | NS      | $235752.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Kiniksa Pharmaceuticals International plc   | Kiniksa Pharmaceuticals International plc, Class A | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | GB        |      5854 | NS      | $157882.38    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| O-I Glass, Inc.                             | O-I Glass, Inc.                                    | CUSIP: 67098H104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15600 | NS      | $197496.00    | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Bel Fuse, Inc.                              | Bel Fuse, Inc., Class B                            | CUSIP: 077347300<br>LEI: 2549009L4XYDBRRY6X39 | Long             | EC               | CORP              | US        |      2800 | NS      | $184156.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Talkspace, Inc.                             | Talkspace, Inc.                                    | CUSIP: 87427V103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     73200 | NS      | $224724.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| NCS Multistage Holdings, Inc.               | NCS Multistage Holdings, Inc.                      | CUSIP: 628877201<br>LEI: 5493003WLG5T6MNJ7292 | Long             | EC               | CORP              | US        |      7707 | NS      | $227433.57    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Halozyme Therapeutics, Inc.                 | Halozyme Therapeutics, Inc.                        | CUSIP: 40637H109<br>LEI: 529900242I3SV9AGM753 | Long             | EC               | CORP              | US        |      2000 | NS      | $122840.00    | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| BlueLinx Holdings, Inc.                     | BlueLinx Holdings, Inc.                            | CUSIP: 09624H208<br>LEI: 549300YSX7GU28F5I540 | Long             | EC               | CORP              | US        |      3100 | NS      | $201934.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank of NT Butterfield & Son Ltd. (The)     | Bank of NT Butterfield & Son Ltd. (The)            | CUSIP: N/A<br>LEI: 549300V8RVM0EMTDPF28       | Long             | EC               | CORP              | BM        |     14696 | NS      | $590485.28    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Rayonier, Inc.                              | Rayonier, Inc.                                     | CUSIP: 754907103<br>LEI: HGV8VDVNL0W6SF2U9C50 | Long             | EC               | CORP              | US        |     27100 | NS      | $662866.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Lithia Motors, Inc.                         | Lithia Motors, Inc., Class A                       | CUSIP: 536797103<br>LEI: SE8N1EZEHPZQBCBVKD53 | Long             | EC               | CORP              | US        |       500 | NS      | $146380.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Knowles Corp.                               | Knowles Corp.                                      | CUSIP: 49926D109<br>LEI: 5493003EO323TDZQU148 | Long             | EC               | CORP              | US        |     24500 | NS      | $385630.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Enterprise Financial Services Corp.         | Enterprise Financial Services Corp.                | CUSIP: 293712105<br>LEI: 5493001XTU5DLD632129 | Long             | EC               | CORP              | US        |      5300 | NS      | $275706.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| First Watch Restaurant Group, Inc.          | First Watch Restaurant Group, Inc.                 | CUSIP: 33748L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      8800 | NS      | $155408.00    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Enact Holdings, Inc.                        | Enact Holdings, Inc.                               | CUSIP: 29249E109<br>LEI: 9845003CA5664B741N19 | Long             | EC               | CORP              | US        |     11188 | NS      | $400418.52    | 0.43%             |  |  |  | No            |                  1 | On Loan: —       |
| Powell Industries, Inc.                     | Powell Industries, Inc.                            | CUSIP: 739128106<br>LEI: 549300V08RO7MX2UBN26 | Long             | EC               | CORP              | US        |      1061 | NS      | $194279.71    | 0.21%             |  |  |  | No            |                  1 | On Loan: —       |
| American Assets Trust, Inc.                 | American Assets Trust, Inc.                        | CUSIP: 024013104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3900 | NS      | $73047.00     | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Penguin Solutions, Inc.                     | Penguin Solutions, Inc.                            | CUSIP: N/A<br>LEI: 529900RDGHQY8XKXPN14       | Long             | EC               | CORP              | KY        |      5600 | NS      | $95592.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Tiptree, Inc.                               | Tiptree, Inc., Class A                             | CUSIP: 88822Q103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4400 | NS      | $98164.00     | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Vanguard Small-Cap Value ETF                | Vanguard Small-Cap Value ETF                       | CUSIP: 922908611<br>LEI: N/A                  | Long             |  | RF                | US        |      3556 | NS      | $640008.88    | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| LiveRamp Holdings, Inc.                     | LiveRamp Holdings, Inc.                            | CUSIP: 53815P108<br>LEI: 254900GXS75LG1X7RF88 | Long             | EC               | CORP              | US        |     22600 | NS      | $591216.00    | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Argan, Inc.                                 | Argan, Inc.                                        | CUSIP: 04010E109<br>LEI: 529900E4KZWBV9KGBS83 | Long             | EC               | CORP              | US        |      1600 | NS      | $245008.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Getty Realty Corp.                          | Getty Realty Corp.                                 | CUSIP: 374297109<br>LEI: 2549000P1W5SFJWCNP90 | Long             | EC               | CORP              | US        |      4900 | NS      | $137151.00    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Innoviva, Inc.                              | Innoviva, Inc.                                     | CUSIP: 45781M101<br>LEI: 549300ACOX4QTBES6535 | Long             | EC               | CORP              | US        |      5800 | NS      | $108402.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| NETGEAR, Inc.                               | NETGEAR, Inc.                                      | CUSIP: 64111Q104<br>LEI: 54930067KX3UNRHDWA78 | Long             | EC               | CORP              | US        |     10000 | NS      | $241200.00    | 0.26%             |  |  |  | No            |                  1 | On Loan: —       |
| United Fire Group, Inc.                     | United Fire Group, Inc.                            | CUSIP: 910340108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      9500 | NS      | $262865.00    | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Core Molding Technologies, Inc.             | Core Molding Technologies, Inc.                    | CUSIP: 218683100<br>LEI: 549300ZY2MFRXCKVIJ28 | Long             | EC               | CORP              | US        |     19152 | NS      | $294557.76    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Village Super Market, Inc.                  | Village Super Market, Inc., Class A                | CUSIP: 927107409<br>LEI: 25490069686XCNNEMQ07 | Long             | EC               | CORP              | US        |      5700 | NS      | $210045.00    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Fulcrum Therapeutics, Inc.                  | Fulcrum Therapeutics, Inc.                         | CUSIP: 359616109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     26881 | NS      | $103491.85    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO International, Inc.                   | WESCO International, Inc.                          | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |      4235 | NS      | $690135.60    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Affiliated Managers Group, Inc.             | Affiliated Managers Group, Inc.                    | CUSIP: 008252108<br>LEI: 2JE75BUE3T1BLCYYGK54 | Long             | EC               | CORP              | US        |      1200 | NS      | $198756.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Central Pacific Financial Corp.             | Central Pacific Financial Corp.                    | CUSIP: 154760409<br>LEI: 549300W3YEAOZ4KGG849 | Long             | EC               | CORP              | US        |     25936 | NS      | $666295.84    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Mind Medicine MindMed, Inc.                 | Mind Medicine MindMed, Inc.                        | CUSIP: 60255C885<br>LEI: 549300QY8KN1O6RPFJ13 | Long             | EC               | CORP              | CA        |     14600 | NS      | $93294.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Qorvo, Inc.                                 | Qorvo, Inc.                                        | CUSIP: 74736K101<br>LEI: 254900YAUJV2EUEVBR11 | Long             | EC               | CORP              | US        |      2500 | NS      | $179175.00    | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Mr. Cooper Group, Inc.                      | Mr. Cooper Group, Inc.                             | CUSIP: 62482R107<br>LEI: 549300KD8C6DPXYC2M26 | Long             | EC               | CORP              | US        |      2400 | NS      | $285624.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Methode Electronics, Inc.                   | Methode Electronics, Inc.                          | CUSIP: 591520200<br>LEI: 529900VM413LGLUS3F07 | Long             | EC               | CORP              | US        |     39500 | NS      | $247665.00    | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Southwest Gas Holdings, Inc.                | Southwest Gas Holdings, Inc.                       | CUSIP: 844895102<br>LEI: 254900LKF9EV0CUKNE09 | Long             | EC               | CORP              | US        |      9200 | NS      | $664332.00    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| NerdWallet, Inc.                            | NerdWallet, Inc., Class A                          | CUSIP: 64082B102<br>LEI: 254900FJ2Y4SH71DJ379 | Long             | EC               | CORP              | US        |     26100 | NS      | $233856.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Twin Disc, Inc.                             | Twin Disc, Inc.                                    | CUSIP: 901476101<br>LEI: 549300FR8EHCY14BLP32 | Long             | EC               | CORP              | US        |     34018 | NS      | $249692.12    | 0.27%             |  |  |  | No            |                  1 | On Loan: —       |
| EnerSys                                     | EnerSys                                            | CUSIP: 29275Y102<br>LEI: 7ZS3DE5PN30BYUJFWP05 | Long             | EC               | CORP              | US        |      2100 | NS      | $181860.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| iTeos Therapeutics, Inc.                    | iTeos Therapeutics, Inc.                           | CUSIP: 46565G104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     15200 | NS      | $110200.00    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| TPG RE Finance Trust, Inc.                  | TPG RE Finance Trust, Inc.                         | CUSIP: 87266M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     37200 | NS      | $284208.00    | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| P10, Inc.                                   | P10, Inc., Class A                                 | CUSIP: 69376K106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     41000 | NS      | $453870.00    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Euronet Worldwide, Inc.                     | Euronet Worldwide, Inc.                            | CUSIP: 298736109<br>LEI: YG3575C4DSHJPA5KET68 | Long             | EC               | CORP              | US        |      2300 | NS      | $227930.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| DNOW, Inc.                                  | DNOW, Inc.                                         | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |     34700 | NS      | $550689.00    | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Gaia, Inc.                                  | Gaia, Inc.                                         | CUSIP: 36269P104<br>LEI: 529900QUX8SBA2D93M92 | Long             | EC               | CORP              | US        |     25911 | NS      | $135773.64    | 0.15%             |  |  |  | No            |                  1 | On Loan: —       |
| Bread Financial Holdings, Inc.              | Bread Financial Holdings, Inc.                     | CUSIP: 018581108<br>LEI: 549300G8S4PO686J7H97 | Long             | EC               | CORP              | US        |      6600 | NS      | $313170.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| JAKKS Pacific, Inc.                         | JAKKS Pacific, Inc.                                | CUSIP: 47012E403<br>LEI: 549300UEF3348JRXQ295 | Long             | EC               | CORP              | US        |      4691 | NS      | $90489.39     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Genie Energy Ltd.                           | Genie Energy Ltd., Class B                         | CUSIP: 372284208<br>LEI: 52990057E36X8869GX58 | Long             | EC               | CORP              | US        |     22439 | NS      | $331424.03    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Simmons First National Corp.                | Simmons First National Corp., Class A              | CUSIP: 828730200<br>LEI: 549300IVR5AJKUVOGN05 | Long             | EC               | CORP              | US        |      9900 | NS      | $184734.00    | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| G-III Apparel Group Ltd.                    | G-III Apparel Group Ltd.                           | CUSIP: 36237H101<br>LEI: 529900O5KABM3R3SFM87 | Long             | EC               | CORP              | US        |     11000 | NS      | $277420.00    | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimvie, Inc.                                | Zimvie, Inc.                                       | CUSIP: 98888T107<br>LEI: 549300GFKURT1J6XR665 | Long             | EC               | CORP              | US        |     24907 | NS      | $225657.42    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Ampco-Pittsburgh Corp.                      | Ampco-Pittsburgh Corp.                             | CUSIP: 032037103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     45700 | NS      | $94599.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| AG Mortgage Investment Trust, Inc.          | AG Mortgage Investment Trust, Inc.                 | CUSIP: 001228501<br>LEI: 549300SNP0PBR2XTFR48 | Long             | EC               | CORP              | US        |     81800 | NS      | $534154.00    | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| BorgWarner, Inc.                            | BorgWarner, Inc.                                   | CUSIP: 099724106<br>LEI: 549300DSFX2IE88NSX47 | Long             | EC               | CORP              | US        |     14800 | NS      | $420024.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| agilon health, Inc.                         | agilon health, Inc.                                | CUSIP: 00857U107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     46700 | NS      | $198942.00    | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Vimeo, Inc.                                 | Vimeo, Inc.                                        | CUSIP: 92719V100<br>LEI: 25490061AWYWC90UIJ68 | Long             | EC               | CORP              | US        |     65000 | NS      | $327600.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Nkarta, Inc.                                | Nkarta, Inc.                                       | CUSIP: 65487U108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     43300 | NS      | $91796.00     | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp.                     | Webster Financial Corp.                            | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |     15200 | NS      | $718960.00    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmony Biosciences Holdings, Inc.          | Harmony Biosciences Holdings, Inc.                 | CUSIP: 413197104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      3500 | NS      | $103145.00    | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Water Solutions, Inc.                | Select Water Solutions, Inc., Class A              | CUSIP: 81617J301<br>LEI: 54930094OK8LA3QDW486 | Long             | EC               | CORP              | US        |     25600 | NS      | $218112.00    | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Progyny, Inc.                               | Progyny, Inc.                                      | CUSIP: 74340E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     10200 | NS      | $232968.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Willdan Group, Inc.                         | Willdan Group, Inc.                                | CUSIP: 96924N100<br>LEI: 529900YQO0LF5VAEKN05 | Long             | EC               | CORP              | US        |      8000 | NS      | $313600.00    | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Heritage Insurance Holdings, Inc.           | Heritage Insurance Holdings, Inc.                  | CUSIP: 42727J102<br>LEI: 9845008CCYDD87F66B45 | Long             | EC               | CORP              | US        |     24779 | NS      | $468323.10    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Usio, Inc.                                  | Usio, Inc.                                         | CUSIP: 917313108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     68231 | NS      | $111216.53    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowserve Corp.                             | Flowserve Corp.                                    | CUSIP: 34354P105<br>LEI: 6Y0GK87T6V7NJKZJVM41 | Long             | EC               | CORP              | US        |     13211 | NS      | $597533.53    | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Home BancShares, Inc.                       | Home BancShares, Inc.                              | CUSIP: 436893200<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     11800 | NS      | $327450.00    | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Brixmor Property Group, Inc.                | Brixmor Property Group, Inc.                       | CUSIP: 11120U105<br>LEI: 5299007UXW6Y0W2EGZ95 | Long             | EC               | CORP              | US        |     30000 | NS      | $747300.00    | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| South Plains Financial, Inc.                | South Plains Financial, Inc.                       | CUSIP: 83946P107<br>LEI: 549300SNEBP48642N493 | Long             | EC               | CORP              | US        |     17900 | NS      | $603409.00    | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Tri Pointe Homes, Inc.                      | Tri Pointe Homes, Inc.                             | CUSIP: 87265H109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     21633 | NS      | $665214.75    | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Flowco Holdings, Inc.                       | Flowco Holdings, Inc., Class A                     | CUSIP: 342909108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     29700 | NS      | $573804.00    | 0.62%             |  |  |  | No            |                  1 | On Loan: —       |
| Dycom Industries, Inc.                      | Dycom Industries, Inc.                             | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |      4000 | NS      | $670200.00    | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Alkermes plc                                | Alkermes plc                                       | CUSIP: N/A<br>LEI: N/A                        | Long             | EC               | CORP              | IE        |      4562 | NS      | $131248.74    | 0.14%             |  |  |  | No            |                  1 | On Loan: —       |
| Veracyte, Inc.                              | Veracyte, Inc.                                     | CUSIP: 92337F107<br>LEI: 529900ESWZRHXOW27Z37 | Long             | EC               | CORP              | US        |      4900 | NS      | $149450.00    | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| National Fuel Gas Co.                       | National Fuel Gas Co.                              | CUSIP: 636180101<br>LEI: 8JB38FFW1Y3C1HM8E841 | Long             | EC               | CORP              | US        |      9037 | NS      | $693860.86    | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Holdings Co.                         | Graham Holdings Co., Class B                       | CUSIP: 384637104<br>LEI: 529900BOSCEEEMAFQJ29 | Long             | EC               | CORP              | US        |       353 | NS      | $324777.65    | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Akouos, Inc.                                | Akouos, Inc., CVR                                  | CUSIP: 009CVR036<br>LEI: N/A                  | Long             |  | CORP              | US        |     21302 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: —       |
| American Vanguard Corp.                     | American Vanguard Corp.                            | CUSIP: 030371108<br>LEI: 529900GWI78WZA5M9783 | Long             | EC               | CORP              | US        |      6794 | NS      | $28670.68     | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| CareTrust REIT, Inc.                        | CareTrust REIT, Inc.                               | CUSIP: 14174T107<br>LEI: 5493001NVXE2B9GPLU96 | Long             | EC               | CORP              | US        |     25100 | NS      | $734677.00    | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| HA Sustainable Infrastructure Capital, Inc. | HA Sustainable Infrastructure Capital, Inc.        | CUSIP: 41068X100<br>LEI: 254900ZZRL7MWL1X8E92 | Long             | EC               | CORP              | US        |      9200 | NS      | $229816.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: —       |
| BrightView Holdings, Inc.                   | BrightView Holdings, Inc.                          | CUSIP: 10948C107<br>LEI: 549300F8QN8YHVI7L866 | Long             | EC               | CORP              | US        |     17000 | NS      | $233240.00    | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Masterbrand, Inc.                           | Masterbrand, Inc.                                  | CUSIP: 57638P104<br>LEI: 549300E0Y4BR5Z9RDZ64 | Long             | EC               | CORP              | US        |     35200 | NS      | $427680.00    | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-30

**Name of Applicant:** Nationwide Mutual Funds

**Signature:** David Majewski

**Name of Signer:** David Majewski

**Title:** Treasurer