# EDGAR Filing Document

**Accession Number:** 0000906352
**File Stem:** 0001752724-25-161821
**Filing Date:** 2025-6
**Character Count:** 90750
**Document Hash:** 11d65f703de0f288c54293e68f91fcf7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-161821.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001752724-25-161821

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST EAGLE FUNDS
- **CENTRAL INDEX KEY:** 0000906352

**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:** 811-07762
- **FILM NUMBER:** 251085311

**BUSINESS ADDRESS:**
- **STREET 1:** 1345 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105
- **BUSINESS PHONE:** 212-698-3393

**MAIL ADDRESS:**
- **STREET 1:** 1345 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST EAGLE  FUNDS INC
- **DATE OF NAME CHANGE:** 20030103

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIRST EAGLE SOGEN FUNDS INC
- **DATE OF NAME CHANGE:** 20000403

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SOGEN FUNDS INC
- **DATE OF NAME CHANGE:** 19930714

## Series and Classes Contracts Data

### First Eagle Small Cap Opportunity Fund (Series ID: S000072438)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000228685 | Class R6     | FESRX           |
| C000228686 | Class A      | FESAX           |
| C000228687 | Class I      | FESCX           |
| C000260318 | Class C      | FECCX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** First Eagle Funds

- **b. Investment Company Act file number:** 811-07762

- **c. CIK number of Registrant:** 0000906352

- **d. LEI of Registrant:** 549300FE2F4XF7FZN136

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

  - **Street Address 1:** 1345 Avenue of the Americas

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10105

  - **Telephone number:** 800-334-2143

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

- **a. Name of Series:** First Eagle Small Cap Opportunity Fund

- **b. EDGAR series identifier (if any):** S000072438

- **c. LEI of Series:** 549300XYTAXPWI1QOH17

**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:** $1477268618.21

**Total Liabilities:** $4887618.36

**Net Assets:** $1472380999.85

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000228686 | -11.10%              | -11.48%              | -9.27%               |
| Class ID C000228687 | -6.43%               | -6.77%               | -4.49%               |
| Class ID C000228685 | -6.42%               | -6.77%               | -4.48%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $6169390.53              | $-127333593.21                             |
| Month 2  | $12057452.92             | $-130708697.14                             |
| Month 3  | $-14960231.94            | $-56665058.74                              |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### 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        |    226065 | NS      | $7220516.10   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Thermon Group Holdings, Inc.                | Thermon Group Holdings, Inc.                                | CUSIP: 88362T103<br>LEI: 529900ZNZBBLDE77MZ38 | Long             | EC               | CORP              | US        |    306157 | NS      | $8030498.11   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Trinity Industries, Inc.                    | Trinity Industries, Inc.                                    | CUSIP: 896522109<br>LEI: R1JB4KXN77XFCXOQKV49 | Long             | EC               | CORP              | US        |    347211 | NS      | $8714996.10   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Helix Energy Solutions Group, Inc.          | Helix Energy Solutions Group, Inc.                          | CUSIP: 42330P107<br>LEI: 416AP2JOUTCWEGSOZW41 | Long             | EC               | CORP              | US        |    322646 | NS      | $1964914.14   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| International Money Express, Inc.           | International Money Express, Inc.                           | CUSIP: 46005L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    411650 | NS      | $5112693.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Holley, Inc.                                | Holley, Inc.                                                | CUSIP: 43538H103<br>LEI: 254900EEM9JI9G1A4D88 | Long             | EC               | CORP              | US        |    349663 | NS      | $751775.45    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Douglas Elliman, Inc.                       | Douglas Elliman, Inc.                                       | CUSIP: 25961D105<br>LEI: 549300BXICHPOXA1NO93 | Long             | EC               | CORP              | US        |   1389113 | NS      | $2305927.58   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Louisiana-Pacific Corp.                     | Louisiana-Pacific Corp.                                     | CUSIP: 546347105<br>LEI: 549300C7E2UAO5BVRR75 | Long             | EC               | CORP              | US        |    141843 | NS      | $12242469.33  | 0.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Ingredion, Inc.                             | Ingredion, Inc.                                             | CUSIP: 457187102<br>LEI: PKSTQ48QDN0XSVS7YK88 | Long             | EC               | CORP              | US        |     64241 | NS      | $8532489.62   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Silvaco Group, Inc.                         | Silvaco Group, Inc.                                         | CUSIP: 82728C102<br>LEI: 89450009UUSWTJL6DP68 | Long             | EC               | CORP              | US        |    638258 | NS      | $3395532.56   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Kosmos Energy Ltd.                          | Kosmos Energy Ltd.                                          | CUSIP: 500688106<br>LEI: 213800YDFJ3OT9B5P157 | Long             | EC               | CORP              | US        |   1706632 | NS      | $2628213.28   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Ethan Allen Interiors, Inc.                 | Ethan Allen Interiors, Inc.                                 | CUSIP: 297602104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    188064 | NS      | $5346659.52   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Intrepid Potash, Inc.                       | Intrepid Potash, Inc.                                       | CUSIP: 46121Y201<br>LEI: 549300OZ696E2PRRTO45 | Long             | EC               | CORP              | US        |    461125 | NS      | $15235570.00  | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Aviat Networks, Inc.                        | Aviat Networks, Inc.                                        | CUSIP: 05366Y201<br>LEI: 549300Z3X8Z4MK52CI65 | Long             | EC               | CORP              | US        |    317574 | NS      | $5576599.44   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Permian Resources Corp.                     | Permian Resources Corp., Class A                            | CUSIP: 71424F105<br>LEI: 529900NXUJPOKU7OJ511 | Long             | EC               | CORP              | US        |    553852 | NS      | $6535453.60   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| inTEST Corp.                                | inTEST Corp.                                                | CUSIP: 461147100<br>LEI: 549300RJJBPHDOAVDU15 | Long             | EC               | CORP              | US        |    524512 | NS      | $3251974.40   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Triumph Group, Inc.                         | Triumph Group, Inc.                                         | CUSIP: 896818101<br>LEI: 5493007L6S47Q14SL582 | Long             | EC               | CORP              | US        |    101883 | NS      | $2587828.20   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Citizens, Inc.                              | Citizens, Inc., Class A                                     | CUSIP: 174740100<br>LEI: 549300Z39SMLUE3VF522 | Long             | EC               | CORP              | US        |    492832 | NS      | $1986112.96   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Viemed Healthcare, Inc.                     | Viemed Healthcare, Inc.                                     | CUSIP: 92663R105<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |    384990 | NS      | $2721879.30   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| ADTRAN Holdings, Inc.                       | ADTRAN Holdings, Inc.                                       | CUSIP: 00486H105<br>LEI: 549300VV36J86CRRWF77 | Long             | EC               | CORP              | US        |    995854 | NS      | $7628241.64   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Tilly's, Inc.                               | Tilly's, Inc., Class A                                      | CUSIP: 886885102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    306293 | NS      | $468628.29    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| El Pollo Loco Holdings, Inc.                | El Pollo Loco Holdings, Inc.                                | CUSIP: 268603107<br>LEI: 549300EZCBNF4G707K90 | Long             | EC               | CORP              | US        |    595934 | NS      | $5571982.90   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| RadNet, Inc.                                | RadNet, Inc.                                                | CUSIP: 750491102<br>LEI: 529900RECG94V2IZJ970 | Long             | EC               | CORP              | US        |     52785 | NS      | $2764878.30   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Airgain, Inc.                               | Airgain, Inc.                                               | CUSIP: 00938A104<br>LEI: 549300LL8ZO53X8A5U98 | Long             | EC               | CORP              | US        |    468791 | NS      | $1757966.25   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Scorpio Tankers, Inc.                       | Scorpio Tankers, Inc.                                       | CUSIP: N/A<br>LEI: 549300NVJUH16NXG8K87       | Long             | EC               | CORP              | MH        |    184801 | NS      | $6965149.69   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Potbelly Corp.                              | Potbelly Corp.                                              | CUSIP: 73754Y100<br>LEI: 54930027NUULUR2P5W11 | Long             | EC               | CORP              | US        |    873798 | NS      | $7077763.80   | 0.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Old National Bancorp                        | Old National Bancorp                                        | CUSIP: 680033107<br>LEI: 549300MMK90CL5KMVX16 | Long             | EC               | CORP              | US        |    524658 | NS      | $10802708.22  | 0.73%             |  |  |  | No            |                  1 | On Loan: No      |
| Lakeland Industries, Inc.                   | Lakeland Industries, Inc.                                   | CUSIP: 511795106<br>LEI: 549300HGP70IM9WKU164 | Long             | EC               | CORP              | US        |    221719 | NS      | $3620671.27   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Park-Ohio Holdings Corp.                    | Park-Ohio Holdings Corp.                                    | CUSIP: 700666100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    290904 | NS      | $5791898.64   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Radiant Logistics, Inc.                     | Radiant Logistics, Inc.                                     | CUSIP: 75025X100<br>LEI: 549300HWCW2HBOG4GN20 | Long             | EC               | CORP              | US        |    462611 | NS      | $2706274.35   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan International, Inc.                   | Titan International, Inc.                                   | CUSIP: 88830M102<br>LEI: 254900CXRGBE7C4B5A06 | Long             | EC               | CORP              | US        |    459265 | NS      | $3375597.75   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Intertechnology, Inc.                | Vishay Intertechnology, Inc.                                | CUSIP: 928298108<br>LEI: 5493009O8F3QQJTCQR75 | Long             | EC               | CORP              | US        |    657937 | NS      | $8546601.63   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Electronics, Inc.                 | Universal Electronics, Inc.                                 | CUSIP: 913483103<br>LEI: 549300ZW9EULAR7T6F89 | Long             | EC               | CORP              | US        |    153227 | NS      | $743150.95    | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| SEACOR Marine Holdings, Inc.                | SEACOR Marine Holdings, Inc.                                | CUSIP: 78413P101<br>LEI: 5493003LNKFW1W43N030 | Long             | EC               | CORP              | US        |    972019 | NS      | $4743452.72   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Lantronix, Inc.                             | Lantronix, Inc.                                             | CUSIP: 516548203<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    465743 | NS      | $992032.59    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Cohu, Inc.                                  | Cohu, Inc.                                                  | CUSIP: 192576106<br>LEI: 529900FJPORJ3JJ2XS33 | Long             | EC               | CORP              | US        |     35871 | NS      | $573936.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Graham Corp.                                | Graham Corp.                                                | CUSIP: 384556106<br>LEI: 254900EI9P4LTY524J77 | Long             | EC               | CORP              | US        |    318572 | NS      | $9710074.56   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Cantaloupe, Inc.                            | Cantaloupe, Inc.                                            | CUSIP: 138103106<br>LEI: 529900O54DBQQVWO9Q85 | Long             | EC               | CORP              | US        |    102914 | NS      | $823312.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| SM Energy Co.                               | SM Energy Co.                                               | CUSIP: 78454L100<br>LEI: 84BUTVXV5ODI6BXNMH43 | Long             | EC               | CORP              | US        |    246203 | NS      | $5610966.37   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Aveanna Healthcare Holdings, Inc.           | Aveanna Healthcare Holdings, Inc.                           | CUSIP: 05356F105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    680695 | NS      | $3138003.95   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Flexion, Inc.                               | Flexion, Inc., CVR                                          | CUSIP: 339CVR011<br>LEI: N/A                  | Long             |  | CORP              | US        |     44841 | NS      | $0.04         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| NPK International, Inc.                     | NPK International, Inc.                                     | CUSIP: 651718504<br>LEI: 54930073OHWDQW4DJN26 | Long             | EC               | CORP              | US        |    570260 | NS      | $3296102.80   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Spectrum Brands Holdings, Inc.              | Spectrum Brands Holdings, Inc.                              | CUSIP: 84790A105<br>LEI: 549300JM0MJETDD30O20 | Long             | EC               | CORP              | US        |    166208 | NS      | $10487724.80  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| MGIC Investment Corp.                       | MGIC Investment Corp.                                       | CUSIP: 552848103<br>LEI: 254900S8483WM4M98R28 | Long             | EC               | CORP              | US        |    353929 | NS      | $8816371.39   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Moelis & Co.                                | Moelis & Co., Class A                                       | CUSIP: 60786M105<br>LEI: 549300891QNU7VTQUR83 | Long             | EC               | CORP              | US        |     78692 | NS      | $4216317.36   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| LGI Homes, Inc.                             | LGI Homes, Inc.                                             | CUSIP: 50187T106<br>LEI: 549300W02B4WNV8CV109 | Long             | EC               | CORP              | US        |    108395 | NS      | $5919450.95   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Taylor Morrison Home Corp.                  | Taylor Morrison Home Corp., Class A                         | CUSIP: 87724P106<br>LEI: 5299009UDLLGLKOOJE30 | Long             | EC               | CORP              | US        |    196841 | NS      | $11288831.35  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Repay Holdings Corp.                        | Repay Holdings Corp., Class A                               | CUSIP: 76029L100<br>LEI: 2549006EJ42T73ZKUI98 | Long             | EC               | CORP              | US        |    352631 | NS      | $1410524.00   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Smart Sand, Inc.                            | Smart Sand, Inc.                                            | CUSIP: 83191H107<br>LEI: 549300JISW1T66DVOK23 | Long             | EC               | CORP              | US        |    236349 | NS      | $496332.90    | 0.03%             |  |  |  | No            |                  1 | On Loan: No      |
| RXO, Inc.                                   | RXO, Inc.                                                   | CUSIP: 74982T103<br>LEI: 549300KL8CA6GP8XPM30 | Long             | EC               | CORP              | US        |    321623 | NS      | $4531668.07   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Leonardo DRS, Inc.                          | Leonardo DRS, Inc.                                          | CUSIP: 52661A108<br>LEI: 549300HMMEWVG3PPQU18 | Long             | EC               | CORP              | US        |    126874 | NS      | $4689263.04   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Steven Madden Ltd.                          | Steven Madden Ltd.                                          | CUSIP: 556269108<br>LEI: 549300Z9GZ7GYJWSGF43 | Long             | EC               | CORP              | US        |    113506 | NS      | $2383626.00   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| InfuSystem Holdings, Inc.                   | InfuSystem Holdings, Inc.                                   | CUSIP: 45685K102<br>LEI: 549300F58N8PHJ4QUI59 | Long             | EC               | CORP              | US        |    804835 | NS      | $3798821.20   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Fabrinet                                    | Fabrinet                                                    | CUSIP: N/A<br>LEI: 5493004TETZ6IYF7CV44       | Long             | EC               | CORP              | KY        |     54622 | NS      | $11200787.32  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| ACCO Brands Corp.                           | ACCO Brands Corp.                                           | CUSIP: 00081T108<br>LEI: JCT8P4Y190IH4I1NX328 | Long             | EC               | CORP              | US        |    702002 | NS      | $2709727.72   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Magnite, Inc.                               | Magnite, Inc.                                               | CUSIP: 55955D100<br>LEI: 54930018FR2YX1HHSB02 | Long             | EC               | CORP              | US        |    499584 | NS      | $5940053.76   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Viavi Solutions, Inc.                       | Viavi Solutions, Inc.                                       | CUSIP: 925550105<br>LEI: 5493006K3E3N1QOBF092 | Long             | EC               | CORP              | US        |    654501 | NS      | $6924620.58   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Natural Gas Services Group, Inc.            | Natural Gas Services Group, Inc.                            | CUSIP: 63886Q109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    260739 | NS      | $4685479.83   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Boise Cascade Co.                           | Boise Cascade Co.                                           | CUSIP: 09739D100<br>LEI: 549300Z8B8LSRHC7XA55 | Long             | EC               | CORP              | US        |     55795 | NS      | $5204557.60   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Interface, Inc.                             | Interface, Inc., Class A                                    | CUSIP: 458665304<br>LEI: 549300VXZWQOIDFPU355 | Long             | EC               | CORP              | US        |    129132 | NS      | $2427681.60   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| JELD-WEN Holding, Inc.                      | JELD-WEN Holding, Inc.                                      | CUSIP: 47580P103<br>LEI: 529900AXX7CT9GZSCS30 | Long             | EC               | CORP              | US        |    235451 | NS      | $1299689.52   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Concentra Group Holdings Parent, Inc.       | Concentra Group Holdings Parent, Inc.                       | CUSIP: 20603L102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    285066 | NS      | $6200185.50   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Luxfer Holdings plc                         | Luxfer Holdings plc                                         | CUSIP: N/A<br>LEI: 21380045UF5SJYZOXE41       | Long             | EC               | CORP              | GB        |    389900 | NS      | $4195324.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| LSB Industries, Inc.                        | LSB Industries, Inc.                                        | CUSIP: 502160104<br>LEI: 5493001H215A0HG0MI71 | Long             | EC               | CORP              | US        |   1570478 | NS      | $10019649.64  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Champion Homes, Inc.                        | Champion Homes, Inc.                                        | CUSIP: 830830105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     77794 | NS      | $6729181.00   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| SI-BONE, Inc.                               | SI-BONE, Inc.                                               | CUSIP: 825704109<br>LEI: 549300J8JGYVJJHV9C31 | Long             | EC               | CORP              | US        |    297484 | NS      | $4060656.60   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Portillo's, Inc.                            | Portillo's, Inc., Class A                                   | CUSIP: 73642K106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    483663 | NS      | $5001075.42   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Healthcare Services Group, Inc.             | Healthcare Services Group, Inc.                             | CUSIP: 421906108<br>LEI: 529900GVZ1D2FBYMS719 | Long             | EC               | CORP              | US        |    471330 | NS      | $6697599.30   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| LifeStance Health Group, Inc.               | LifeStance Health Group, Inc.                               | CUSIP: 53228F101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    915213 | NS      | $6012949.41   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Tronox Holdings plc                         | Tronox Holdings plc                                         | CUSIP: N/A<br>LEI: 549300NRVC84SGJSXV06       | Long             | EC               | CORP              | GB        |    947799 | NS      | $5127592.59   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Vital Farms, Inc.                           | Vital Farms, Inc.                                           | CUSIP: 92847W103<br>LEI: 549300S6NYY7ER3XOT61 | Long             | EC               | CORP              | US        |    184973 | NS      | $6333475.52   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln National Corp.                      | Lincoln National Corp.                                      | CUSIP: 534187109<br>LEI: EFQMQROEDSNBRIP7LE47 | Long             | EC               | CORP              | US        |    444598 | NS      | $14169338.26  | 0.96%             |  |  |  | No            |                  1 | On Loan: No      |
| Lincoln Educational Services Corp.          | Lincoln Educational Services Corp.                          | CUSIP: 533535100<br>LEI: 549300BJ55KUY6RG7L98 | Long             | EC               | CORP              | US        |    769765 | NS      | $13009028.50  | 0.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Old Republic International Corp.            | Old Republic International Corp.                            | CUSIP: 680223104<br>LEI: 549300IV6O2YY2A1KH37 | Long             | EC               | CORP              | US        |    257904 | NS      | $9697190.40   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Brookdale Senior Living, Inc.               | Brookdale Senior Living, Inc.                               | CUSIP: 112463104<br>LEI: LH7MQB13NWY7CJ9VC445 | Long             | EC               | CORP              | US        |   1718343 | NS      | $11272330.08  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| HealthStream, Inc.                          | HealthStream, Inc.                                          | CUSIP: 42222N103<br>LEI: 529900OJ88H8635JNH64 | Long             | EC               | CORP              | US        |    354546 | NS      | $11923381.98  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Alpha & Omega Semiconductor Ltd.            | Alpha & Omega Semiconductor Ltd.                            | CUSIP: N/A<br>LEI: 5493001FE7J03YOV2V35       | Long             | EC               | CORP              | BM        |    287097 | NS      | $5406036.51   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Northwestern Energy Group, Inc.             | Northwestern Energy Group, Inc.                             | CUSIP: 668074305<br>LEI: 254900N1WG46G1VMDM34 | Long             | EC               | CORP              | US        |    113508 | NS      | $6609570.84   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Amkor Technology, Inc.                      | Amkor Technology, Inc.                                      | CUSIP: 031652100<br>LEI: 529900VHLRTKPWZJBM84 | Long             | EC               | CORP              | US        |    180533 | NS      | $3150300.85   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Mayville Engineering Co., Inc.              | Mayville Engineering Co., Inc.                              | CUSIP: 578605107<br>LEI: 9845008D43E42A7FC362 | Long             | EC               | CORP              | US        |    309895 | NS      | $3960458.10   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Astronics Corp.                             | Astronics Corp.                                             | CUSIP: 046433108<br>LEI: 549300NNXCF8H4MSMK17 | Long             | EC               | CORP              | US        |    204761 | NS      | $4646027.09   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Ultra Clean Holdings, Inc.                  | Ultra Clean Holdings, Inc.                                  | CUSIP: 90385V107<br>LEI: 5493007L6LS7QX18PE75 | Long             | EC               | CORP              | US        |    323746 | NS      | $6055668.93   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Axis Capital Holdings Ltd.                  | Axis Capital Holdings Ltd.                                  | CUSIP: N/A<br>LEI: 635400VD2NQBYAHMEM55       | Long             | EC               | CORP              | BM        |    132162 | NS      | $12729843.84  | 0.86%             |  |  |  | No            |                  1 | On Loan: No      |
| Clearwater Paper Corp.                      | Clearwater Paper Corp.                                      | CUSIP: 18538R103<br>LEI: 549300HCVV19GXN4P292 | Long             | EC               | CORP              | US        |     98175 | NS      | $2636980.50   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Johnson Outdoors, Inc.                      | Johnson Outdoors, Inc., Class A                             | CUSIP: 479167108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     98958 | NS      | $2259211.14   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| VSE Corp.                                   | VSE Corp.                                                   | CUSIP: 918284100<br>LEI: 549300QWJYQDH4U5XI15 | Long             | EC               | CORP              | US        |     36954 | NS      | $4231972.08   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| GXO Logistics, Inc.                         | GXO Logistics, Inc.                                         | CUSIP: 36262G101<br>LEI: 5493007CNWMXN78JRN66 | Long             | EC               | CORP              | US        |    178722 | NS      | $6476885.28   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Monro, Inc.                                 | Monro, Inc.                                                 | CUSIP: 610236101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    280082 | NS      | $3904343.08   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| CareDx, Inc.                                | CareDx, Inc.                                                | CUSIP: 14167L103<br>LEI: 549300NQOFKL9NON0U06 | Long             | EC               | CORP              | US        |    269490 | NS      | $4548991.20   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Manitowoc Co., Inc. (The)                   | Manitowoc Co., Inc. (The)                                   | CUSIP: 563571405<br>LEI: 2RTSLGQ89VMY18RHX631 | Long             | EC               | CORP              | US        |    713412 | NS      | $5621686.56   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Warby Parker, Inc.                          | Warby Parker, Inc., Class A                                 | CUSIP: 93403J106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    399530 | NS      | $6596240.30   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Cars.com, Inc.                              | Cars.com, Inc.                                              | CUSIP: 14575E105<br>LEI: 5493002G6J07LNGX4M98 | Long             | EC               | CORP              | US        |    518053 | NS      | $6030136.92   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Zumiez, Inc.                                | Zumiez, Inc.                                                | CUSIP: 989817101<br>LEI: 549300J0PDF58P6HZD25 | Long             | EC               | CORP              | US        |    147615 | NS      | $1727095.50   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Axos Financial, Inc.                        | Axos Financial, Inc.                                        | CUSIP: 05465C100<br>LEI: 529900D8M56422GK9O25 | Long             | EC               | CORP              | US        |    140010 | NS      | $8887834.80   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Seacoast Banking Corp. of Florida           | Seacoast Banking Corp. of Florida                           | CUSIP: 811707801<br>LEI: 549300V6IC06XYQYPG88 | Long             | EC               | CORP              | US        |    477528 | NS      | $11322188.88  | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| DocGo, Inc.                                 | DocGo, Inc.                                                 | CUSIP: 256086109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    433133 | NS      | $965886.59    | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| JBT Marel Corp.                             | JBT Marel Corp.                                             | CUSIP: 477839104<br>LEI: 5493007CT6ATBZ2L6826 | Long             | EC               | CORP              | US        |     62154 | NS      | $6542330.04   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| NV5 Global, Inc.                            | NV5 Global, Inc.                                            | CUSIP: 62945V109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    264881 | NS      | $4913542.55   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Seadrill Ltd.                               | Seadrill Ltd.                                               | CUSIP: N/A<br>LEI: 213800EQ6L456U2JCO89       | Long             | EC               | CORP              | BM        |     44750 | NS      | $919165.00    | 0.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Shoe Carnival, Inc.                         | Shoe Carnival, Inc.                                         | CUSIP: 824889109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    272744 | NS      | $4740290.72   | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| National Vision Holdings, Inc.              | National Vision Holdings, Inc.                              | CUSIP: 63845R107<br>LEI: 549300JHURCBLI5ROA42 | Long             | EC               | CORP              | US        |    491524 | NS      | $6070321.40   | 0.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan America SA                            | Titan America SA                                            | CUSIP: N/A<br>LEI: 9845007APCB6462D6C46       | Long             | EC               | CORP              | BE        |    138263 | NS      | $1829219.49   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Pennant Group, Inc. (The)                   | Pennant Group, Inc. (The)                                   | CUSIP: 70805E109<br>LEI: 5493007H2OYR6BYLDA64 | Long             | EC               | CORP              | US        |    374707 | NS      | $9599993.34   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| American Woodmark Corp.                     | American Woodmark Corp.                                     | CUSIP: 030506109<br>LEI: 5299007PFSDWMA74RB56 | Long             | EC               | CORP              | US        |    111917 | NS      | $6603103.00   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Universal Technical Institute, Inc.         | Universal Technical Institute, Inc.                         | CUSIP: 913915104<br>LEI: 2549003YOJGAZ0PVFV48 | Long             | EC               | CORP              | US        |    371048 | NS      | $10411606.88  | 0.71%             |  |  |  | No            |                  1 | On Loan: No      |
| AAR Corp.                                   | AAR Corp.                                                   | CUSIP: 000361105<br>LEI: MP76T5YQX3YK5VVAQ802 | Long             | EC               | CORP              | US        |     99426 | NS      | $5315313.96   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Whitestone REIT                             | Whitestone REIT                                             | CUSIP: 966084204<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    930466 | NS      | $12133276.64  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Janus International Group, Inc.             | Janus International Group, Inc.                             | CUSIP: 47103N106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    973501 | NS      | $6697686.88   | 0.45%             |  |  |  | No            |                  1 | On Loan: No      |
| Coeur Mining, Inc.                          | Coeur Mining, Inc.                                          | CUSIP: 192108504<br>LEI: 5493003AVK173D48DR70 | Long             | EC               | CORP              | US        |   2144632 | NS      | $11902707.60  | 0.81%             |  |  |  | No            |                  1 | On Loan: No      |
| Murphy Oil Corp.                            | Murphy Oil Corp.                                            | CUSIP: 626717102<br>LEI: QBKYQD0ODE7DC7PDIN91 | Long             | EC               | CORP              | US        |    283147 | NS      | $5813007.91   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Ichor Holdings Ltd.                         | Ichor Holdings Ltd.                                         | CUSIP: N/A<br>LEI: 529900PS8R2JVLJ2H892       | Long             | EC               | CORP              | KY        |    294235 | NS      | $5819968.30   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| AdvanSix, Inc.                              | AdvanSix, Inc.                                              | CUSIP: 00773T101<br>LEI: 5493009TPRODMCAZLF67 | Long             | EC               | CORP              | US        |    195489 | NS      | $4187374.38   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Riley Exploration Permian, Inc.             | Riley Exploration Permian, Inc.                             | CUSIP: 76665T102<br>LEI: 5493008CUBI02XP43Q95 | Long             | EC               | CORP              | US        |    257618 | NS      | $6358012.24   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaiser Aluminum Corp.                       | Kaiser Aluminum Corp.                                       | CUSIP: 483007704<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    137130 | NS      | $8839399.80   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Black Hills Corp.                           | Black Hills Corp.                                           | CUSIP: 092113109<br>LEI: 3MGELCRSTNSAMJ962671 | Long             | EC               | CORP              | US        |    132691 | NS      | $8080881.90   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| AMMO, Inc.                                  | AMMO, Inc.                                                  | CUSIP: 00175J107<br>LEI: 549300WUBAV2G8RICP63 | Long             | EC               | CORP              | US        |   1607094 | NS      | $3165975.18   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Tile Shop Holdings, Inc.                    | Tile Shop Holdings, Inc.                                    | CUSIP: 88677Q109<br>LEI: 549300Q3SS4FSW01UE50 | Long             | EC               | CORP              | US        |    266002 | NS      | $1508231.34   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Golar LNG Ltd.                              | Golar LNG Ltd.                                              | CUSIP: N/A<br>LEI: 213800C2VSFZG3EZLO34       | Long             | EC               | CORP              | BM        |    248458 | NS      | $10560707.29  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| RPC, Inc.                                   | RPC, Inc.                                                   | CUSIP: 749660106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    287946 | NS      | $1361984.58   | 0.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Enovis Corp.                                | Enovis Corp.                                                | CUSIP: 194014502<br>LEI: 635400OP2DYYYMOIYL17 | Long             | EC               | CORP              | US        |    195318 | NS      | $6756049.62   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Ducommun, Inc.                              | Ducommun, Inc.                                              | CUSIP: 264147109<br>LEI: 549300Z71HMWF90S2214 | Long             | EC               | CORP              | US        |    211452 | NS      | $12120428.64  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Utz Brands, Inc.                            | Utz Brands, Inc.                                            | CUSIP: 918090101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    490549 | NS      | $6519396.21   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Cavco Industries, Inc.                      | Cavco Industries, Inc.                                      | CUSIP: 149568107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |      4096 | NS      | $2022809.60   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Azenta, Inc.                                | Azenta, Inc.                                                | CUSIP: 114340102<br>LEI: 35ZN6X1ANPH25YN32Y17 | Long             | EC               | CORP              | US        |     75950 | NS      | $2000523.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Perrigo Co. plc                             | Perrigo Co. plc                                             | CUSIP: N/A<br>LEI: 549300IFOQS6R1QLY196       | Long             | EC               | CORP              | IE        |    131444 | NS      | $3380739.68   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Matador Resources Co.                       | Matador Resources Co.                                       | CUSIP: 576485205<br>LEI: 549300CI3Q2UUK5R4G79 | Long             | EC               | CORP              | US        |    267268 | NS      | $10567776.72  | 0.72%             |  |  |  | No            |                  1 | On Loan: No      |
| Stewart Information Services Corp.          | Stewart Information Services Corp.                          | CUSIP: 860372101<br>LEI: 529900TV1XI0PLKENU10 | Long             | EC               | CORP              | US        |    106675 | NS      | $6985079.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Insteel Industries, Inc.                    | Insteel Industries, Inc.                                    | CUSIP: 45774W108<br>LEI: 52990026LKY4MOX3L174 | Long             | EC               | CORP              | US        |    430036 | NS      | $14582520.76  | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferroglobe plc                              | Ferroglobe plc                                              | CUSIP: N/A<br>LEI: 2138005GCFJACFTZUD90       | Long             | EC               | CORP              | GB        |   1808988 | NS      | $6313368.12   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Goodyear Tire & Rubber Co. (The)            | Goodyear Tire & Rubber Co. (The)                            | CUSIP: 382550101<br>LEI: 5493002BI0S2ZQUY3437 | Long             | EC               | CORP              | US        |    658385 | NS      | $7163228.80   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| YETI Holdings, Inc.                         | YETI Holdings, Inc.                                         | CUSIP: 98585X104<br>LEI: 549300DSQICIGNT5GO63 | Long             | EC               | CORP              | US        |    205972 | NS      | $5880500.60   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| Denny's Corp.                               | Denny's Corp.                                               | CUSIP: 24869P104<br>LEI: 54930037V56XOULXM917 | Long             | EC               | CORP              | US        |   1549330 | NS      | $5717027.70   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Communities, Inc.                   | Century Communities, Inc.                                   | CUSIP: 156504300<br>LEI: 5299002QMB2O7ZL1CA26 | Long             | EC               | CORP              | US        |    151700 | NS      | $8273718.00   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Outfront Media, Inc.                        | Outfront Media, Inc.                                        | CUSIP: 69007J304<br>LEI: 549300RZWDYU5722I639 | Long             | EC               | CORP              | US        |    718880 | NS      | $10876654.40  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Mativ Holdings, Inc.                        | Mativ Holdings, Inc.                                        | CUSIP: 808541106<br>LEI: 549300Z1FU4IDULG1R21 | Long             | EC               | CORP              | US        |    667508 | NS      | $3410965.88   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Custom Truck One Source, Inc.               | Custom Truck One Source, Inc.                               | CUSIP: 23204X103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    290894 | NS      | $1172302.82   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Performant Healthcare, Inc.                 | Performant Healthcare, Inc.                                 | CUSIP: 71377E105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   2339757 | NS      | $5521826.52   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Sprinklr, Inc.                              | Sprinklr, Inc., Class A                                     | CUSIP: 85208T107<br>LEI: 254900AR04RJ2BQO5S78 | Long             | EC               | CORP              | US        |    547065 | NS      | $4206929.85   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Vishay Precision Group, Inc.                | Vishay Precision Group, Inc.                                | CUSIP: 92835K103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    128832 | NS      | $3213070.08   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Ciena Corp.                                 | Ciena Corp.                                                 | CUSIP: 171779309<br>LEI: W0CZ7N0GH8UIGXDM1H41 | Long             | EC               | CORP              | US        |     58918 | NS      | $3956932.88   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| NOV, Inc.                                   | NOV, Inc.                                                   | CUSIP: 62955J103<br>LEI: 549300EHF3IW1AR6U008 | Long             | EC               | CORP              | US        |    173062 | NS      | $2009249.82   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Sanmina Corp.                               | Sanmina Corp.                                               | CUSIP: 801056102<br>LEI: X5K24XLM8QYRXF00EB42 | Long             | EC               | CORP              | US        |     70517 | NS      | $5415000.43   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameris Bancorp                              | Ameris Bancorp                                              | CUSIP: 03076K108<br>LEI: PBJHNT51T5V6G5UQFV42 | Long             | EC               | CORP              | US        |    164015 | NS      | $9611279.00   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Blade Air Mobility, Inc.                    | Blade Air Mobility, Inc.                                    | CUSIP: 092667104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1034014 | NS      | $2740137.10   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| FTAI Infrastructure, Inc.                   | FTAI Infrastructure, Inc.                                   | CUSIP: 35953C106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1286354 | NS      | $5557049.28   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| JP Morgan U.S. Government Money Market Fund | JP Morgan U.S. Government Money Market Fund, Capital Shares | CUSIP: N/A<br>LEI: N/A                        | Long             | STIV             | RF                | US        |  86109241 | NS      | $86109241.10  | 5.85%             |  |  |  | No            |                  1 | On Loan: No      |
| UMH Properties, Inc.                        | UMH Properties, Inc.                                        | CUSIP: 903002103<br>LEI: 529900OM5K3PJ11F0Q09 | Long             | EC               | CORP              | US        |    506544 | NS      | $8950632.48   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| NMI Holdings, Inc.                          | NMI Holdings, Inc., Class A                                 | CUSIP: 629209305<br>LEI: 529900KNNGFXJX1C3Z08 | Long             | EC               | CORP              | US        |    251425 | NS      | $9094042.25   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Installed Building Products, Inc.           | Installed Building Products, Inc.                           | CUSIP: 45780R101<br>LEI: 549300I95Y9P9YM5FI86 | Long             | EC               | CORP              | US        |     59736 | NS      | $9906020.88   | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Asure Software, Inc.                        | Asure Software, Inc.                                        | CUSIP: 04649U102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    191581 | NS      | $1946462.96   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| SunOpta, Inc.                               | SunOpta, Inc.                                               | CUSIP: 8676EP108<br>LEI: 54930010CP0KEPPRPA40 | Long             | EC               | CORP              | CA        |    435233 | NS      | $1880206.56   | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| MKS Instruments, Inc.                       | MKS Instruments, Inc.                                       | CUSIP: 55306N104<br>LEI: 549300KEQATBHAGVF505 | Long             | EC               | CORP              | US        |     73336 | NS      | $5143787.04   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Commercial Metals Co.                       | Commercial Metals Co.                                       | CUSIP: 201723103<br>LEI: 549300OQS2LO07ZJ7N73 | Long             | EC               | CORP              | US        |    229944 | NS      | $10241705.76  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Eastman Kodak Co.                           | Eastman Kodak Co.                                           | CUSIP: 277461406<br>LEI: 549300P7J8F3SSMY3E81 | Long             | EC               | CORP              | US        |    445678 | NS      | $2803314.62   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| EverQuote, Inc.                             | EverQuote, Inc., Class A                                    | CUSIP: 30041R108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    257719 | NS      | $6118249.06   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Ameresco, Inc.                              | Ameresco, Inc., Class A                                     | CUSIP: 02361E108<br>LEI: 529900NZXZGBCBXYY327 | Long             | EC               | CORP              | US        |    586972 | NS      | $6239512.36   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| QuinStreet, Inc.                            | QuinStreet, Inc.                                            | CUSIP: 74874Q100<br>LEI: 549300TP8MFBFPOS4Y78 | Long             | EC               | CORP              | US        |    631635 | NS      | $11066245.20  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Tanger, Inc.                                | Tanger, Inc.                                                | CUSIP: 875465106<br>LEI: UKEW8YSXE4Y581KYOL30 | Long             | EC               | CORP              | US        |    154895 | NS      | $4880741.45   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| LSI Industries, Inc.                        | LSI Industries, Inc.                                        | CUSIP: 50216C108<br>LEI: 529900HY42OANH6BVT33 | Long             | EC               | CORP              | US        |    283248 | NS      | $4274212.32   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| CECO Environmental Corp.                    | CECO Environmental Corp.                                    | CUSIP: 125141101<br>LEI: 5493002CZCTL4HGLIY91 | Long             | EC               | CORP              | US        |    528607 | NS      | $12575560.53  | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Beazer Homes USA, Inc.                      | Beazer Homes USA, Inc.                                      | CUSIP: 07556Q881<br>LEI: 549300DUPYT2T0F60I45 | Long             | EC               | CORP              | US        |    567451 | NS      | $11099341.56  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Artivion, Inc.                              | Artivion, Inc.                                              | CUSIP: 228903100<br>LEI: 549300YTKV8DMSMG6K81 | Long             | EC               | CORP              | US        |    370425 | NS      | $8775368.25   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Backblaze, Inc.                             | Backblaze, Inc., Class A                                    | CUSIP: 05637B105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    935900 | NS      | $4117960.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| AdaptHealth Corp.                           | AdaptHealth Corp., Class A                                  | CUSIP: 00653Q102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    755773 | NS      | $6431628.23   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Hooker Furnishings Corp.                    | Hooker Furnishings Corp.                                    | CUSIP: 439038100<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    242969 | NS      | $2332502.40   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Sonic Automotive, Inc.                      | Sonic Automotive, Inc., Class A                             | CUSIP: 83545G102<br>LEI: 549300NTLRGJ2JCBZU03 | Long             | EC               | CORP              | US        |    103215 | NS      | $6267214.80   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| Digi International, Inc.                    | Digi International, Inc.                                    | CUSIP: 253798102<br>LEI: 529900KG656HGROI4N27 | Long             | EC               | CORP              | US        |    156493 | NS      | $4256609.60   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| PBF Energy, Inc.                            | PBF Energy, Inc., Class A                                   | CUSIP: 69318G106<br>LEI: 2549003PBEDCSZMZIY02 | Long             | EC               | CORP              | US        |    430394 | NS      | $7394168.92   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Perella Weinberg Partners                   | Perella Weinberg Partners, Class A                          | CUSIP: 71367G102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    288337 | NS      | $4950746.29   | 0.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Belden, Inc.                                | Belden, Inc.                                                | CUSIP: 077454106<br>LEI: 68BKYO1JC791TTJHUE82 | Long             | EC               | CORP              | US        |     70890 | NS      | $7309467.90   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| First American Financial Corp.              | First American Financial Corp.                              | CUSIP: 31847R102<br>LEI: 549300B6VEZK3N0A1P55 | Long             | EC               | CORP              | US        |    107571 | NS      | $6541392.51   | 0.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Energy Industries, Inc.            | Advanced Energy Industries, Inc.                            | CUSIP: 007973100<br>LEI: 549300756XI3QLFT2U27 | Long             | EC               | CORP              | US        |    102846 | NS      | $10018228.86  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| ProPetro Holding Corp.                      | ProPetro Holding Corp.                                      | CUSIP: 74347M108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    420552 | NS      | $2094348.96   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Shyft Group, Inc. (The)                     | Shyft Group, Inc. (The)                                     | CUSIP: 825698103<br>LEI: 549300YY0TB51BGRV994 | Long             | EC               | CORP              | US        |    136043 | NS      | $1150923.78   | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Macerich Co. (The)                          | Macerich Co. (The)                                          | CUSIP: 554382101<br>LEI: 529900PSWCB5KI0JYU46 | Long             | EC               | CORP              | US        |    258967 | NS      | $3796456.22   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Forestar Group, Inc.                        | Forestar Group, Inc.                                        | CUSIP: 346232101<br>LEI: 549300BC2UB0GHV60V70 | Long             | EC               | CORP              | US        |    457724 | NS      | $8815764.24   | 0.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Kronos Worldwide, Inc.                      | Kronos Worldwide, Inc.                                      | CUSIP: 50105F105<br>LEI: 549300OBZ34C65APL277 | Long             | EC               | CORP              | US        |    450900 | NS      | $3476439.00   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Benchmark Electronics, Inc.                 | Benchmark Electronics, Inc.                                 | CUSIP: 08160H101<br>LEI: 549300W18RHYZOZKOP53 | Long             | EC               | CORP              | US        |    211891 | NS      | $6892814.23   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| National CineMedia, Inc.                    | National CineMedia, Inc.                                    | CUSIP: 635309206<br>LEI: 5493000MOLIVSOGKEB48 | Long             | EC               | CORP              | US        |    781883 | NS      | $4480189.59   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Avnet, Inc.                                 | Avnet, Inc.                                                 | CUSIP: 053807103<br>LEI: XJI53DCPL7QABOWK4Z75 | Long             | EC               | CORP              | US        |    132044 | NS      | $6204747.56   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Talkspace, Inc.                             | Talkspace, Inc.                                             | CUSIP: 87427V103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1114396 | NS      | $3421195.72   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Geospace Technologies Corp.                 | Geospace Technologies Corp.                                 | CUSIP: 37364X109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    435516 | NS      | $2804723.04   | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Proficient Auto Logistics, Inc.             | Proficient Auto Logistics, Inc.                             | CUSIP: 74317M104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    425232 | NS      | $3533677.92   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Remitly Global, Inc.                        | Remitly Global, Inc.                                        | CUSIP: 75960P104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    407717 | NS      | $8244037.74   | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| FormFactor, Inc.                            | FormFactor, Inc.                                            | CUSIP: 346375108<br>LEI: 549300YCEEO6SZD1ZR61 | Long             | EC               | CORP              | US        |     75427 | NS      | $2122515.78   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Clarus Corp.                                | Clarus Corp.                                                | CUSIP: 18270P109<br>LEI: 549300PKSLI6PT0ULL72 | Long             | EC               | CORP              | US        |    807649 | NS      | $2657165.21   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Select Medical Holdings Corp.               | Select Medical Holdings Corp.                               | CUSIP: 81619Q105<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    338310 | NS      | $6170774.40   | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Navigator Holdings Ltd.                     | Navigator Holdings Ltd.                                     | CUSIP: N/A<br>LEI: 213800H7RVOFYARK2W19       | Long             | EC               | CORP              | MH        |    590498 | NS      | $7493419.62   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| TriMas Corp.                                | TriMas Corp.                                                | CUSIP: 896215209<br>LEI: 75G1WUQ8QK4P5MZOYD78 | Long             | EC               | CORP              | US        |    240161 | NS      | $5775872.05   | 0.39%             |  |  |  | No            |                  1 | On Loan: No      |
| NetScout Systems, Inc.                      | NetScout Systems, Inc.                                      | CUSIP: 64115T104<br>LEI: 5493005HZXZ3SPNVCV76 | Long             | EC               | CORP              | US        |    203772 | NS      | $4283287.44   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| KVH Industries, Inc.                        | KVH Industries, Inc.                                        | CUSIP: 482738101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    120644 | NS      | $616490.84    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Penguin Solutions, Inc.                     | Penguin Solutions, Inc.                                     | CUSIP: N/A<br>LEI: 529900RDGHQY8XKXPN14       | Long             | EC               | CORP              | KY        |    341313 | NS      | $5826212.91   | 0.40%             |  |  |  | No            |                  1 | On Loan: No      |
| 1-800-Flowers.com, Inc.                     | 1-800-Flowers.com, Inc., Class A                            | CUSIP: 68243Q106<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    308979 | NS      | $1708653.87   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| MarineMax, Inc.                             | MarineMax, Inc.                                             | CUSIP: 567908108<br>LEI: 254900TIXTN8WY3FNN63 | Long             | EC               | CORP              | US        |    175096 | NS      | $3757560.16   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Arcosa, Inc.                                | Arcosa, Inc.                                                | CUSIP: 039653100<br>LEI: 549300WFHLTCZV7D6V29 | Long             | EC               | CORP              | US        |    114145 | NS      | $9139590.15   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Mama's Creations, Inc.                      | Mama's Creations, Inc.                                      | CUSIP: 56146T103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |   1157783 | NS      | $7641367.80   | 0.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Harmonic, Inc.                              | Harmonic, Inc.                                              | CUSIP: 413160102<br>LEI: 549300LRGRD8XC9BTL66 | Long             | EC               | CORP              | US        |    391661 | NS      | $3517115.78   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| NETGEAR, Inc.                               | NETGEAR, Inc.                                               | CUSIP: 64111Q104<br>LEI: 54930067KX3UNRHDWA78 | Long             | EC               | CORP              | US        |    104174 | NS      | $2512676.88   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Dime Community Bancshares, Inc.             | Dime Community Bancshares, Inc.                             | CUSIP: 25432X102<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    288308 | NS      | $7406632.52   | 0.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Alphatec Holdings, Inc.                     | Alphatec Holdings, Inc.                                     | CUSIP: 02081G201<br>LEI: 549300EZE8CQ8K65FS24 | Long             | EC               | CORP              | US        |    615530 | NS      | $6758519.40   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| WESCO International, Inc.                   | WESCO International, Inc.                                   | CUSIP: 95082P105<br>LEI: 529900TXOGREY3WNJ434 | Long             | EC               | CORP              | US        |     59336 | NS      | $9669394.56   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Alta Equipment Group, Inc.                  | Alta Equipment Group, Inc.                                  | CUSIP: 02128L106<br>LEI: 549300DGOB28CLGS1X27 | Long             | EC               | CORP              | US        |    679292 | NS      | $2886991.00   | 0.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Titan Machinery, Inc.                       | Titan Machinery, Inc.                                       | CUSIP: 88830R101<br>LEI: 549300835ZM8G0BT5C94 | Long             | EC               | CORP              | US        |    656508 | NS      | $10891467.72  | 0.74%             |  |  |  | No            |                  1 | On Loan: No      |
| Century Aluminum Co.                        | Century Aluminum Co.                                        | CUSIP: 156431108<br>LEI: 549300U5ODNGEYWKSW73 | Long             | EC               | CORP              | US        |    322113 | NS      | $5285874.33   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Fossil Group, Inc.                          | Fossil Group, Inc.                                          | CUSIP: 34988V106<br>LEI: DDMY8YZ6L8UEMS1FDM73 | Long             | EC               | CORP              | US        |    588674 | NS      | $594560.74    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Carpenter Technology Corp.                  | Carpenter Technology Corp.                                  | CUSIP: 144285103<br>LEI: DX6I6ZD3X5WNNCDJKP85 | Long             | EC               | CORP              | US        |     22082 | NS      | $4319460.02   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Smith Douglas Homes Corp.                   | Smith Douglas Homes Corp., Class A                          | CUSIP: 83207R107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    208319 | NS      | $4051804.55   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Heartland Express, Inc.                     | Heartland Express, Inc.                                     | CUSIP: 422347104<br>LEI: 5299005V45FZIQGLOG39 | Long             | EC               | CORP              | US        |    490928 | NS      | $3731052.80   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Veeco Instruments, Inc.                     | Veeco Instruments, Inc.                                     | CUSIP: 922417100<br>LEI: 5493004201F72ADDZW04 | Long             | EC               | CORP              | US        |    383091 | NS      | $7163801.70   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| OSI Systems, Inc.                           | OSI Systems, Inc.                                           | CUSIP: 671044105<br>LEI: DDX3MPX1Y8YD30050X33 | Long             | EC               | CORP              | US        |     21627 | NS      | $4427911.98   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| DNOW, Inc.                                  | DNOW, Inc.                                                  | CUSIP: 67011P100<br>LEI: 549300AVH5SOCFVVDW91 | Long             | EC               | CORP              | US        |    218694 | NS      | $3470673.78   | 0.24%             |  |  |  | No            |                  1 | On Loan: No      |
| Chefs' Warehouse, Inc. (The)                | Chefs' Warehouse, Inc. (The)                                | CUSIP: 163086101<br>LEI: 549300JYEDC8C547E980 | Long             | EC               | CORP              | US        |    140985 | NS      | $8031915.45   | 0.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Hecla Mining Co.                            | Hecla Mining Co.                                            | CUSIP: 422704106<br>LEI: 5493009Y6HOBZD1QD537 | Long             | EC               | CORP              | US        |   1685259 | NS      | $9639681.48   | 0.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Astec Industries, Inc.                      | Astec Industries, Inc.                                      | CUSIP: 046224101<br>LEI: 5493002DO2QKHLKB2A48 | Long             | EC               | CORP              | US        |    260369 | NS      | $9433168.87   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| ONE Gas, Inc.                               | ONE Gas, Inc.                                               | CUSIP: 68235P108<br>LEI: 549300HXDWI0LATTX840 | Long             | EC               | CORP              | US        |    118194 | NS      | $9279410.94   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Zimvie, Inc.                                | Zimvie, Inc.                                                | CUSIP: 98888T107<br>LEI: 549300GFKURT1J6XR665 | Long             | EC               | CORP              | US        |    361729 | NS      | $3277264.74   | 0.22%             |  |  |  | No            |                  1 | On Loan: No      |
| TTM Technologies, Inc.                      | TTM Technologies, Inc.                                      | CUSIP: 87305R109<br>LEI: 549300SC4BDOIS008048 | Long             | EC               | CORP              | US        |    659350 | NS      | $13200187.00  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheesecake Factory, Inc. (The)              | Cheesecake Factory, Inc. (The)                              | CUSIP: 163072101<br>LEI: 529900872XMLK10SY247 | Long             | EC               | CORP              | US        |    124653 | NS      | $6278771.61   | 0.43%             |  |  |  | No            |                  1 | On Loan: No      |
| OneWater Marine, Inc.                       | OneWater Marine, Inc., Class A                              | CUSIP: 68280L101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    160812 | NS      | $2413788.12   | 0.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Webster Financial Corp.                     | Webster Financial Corp.                                     | CUSIP: 947890109<br>LEI: KMRURHT0VWKYS6Z5KU67 | Long             | EC               | CORP              | US        |    151786 | NS      | $7179477.80   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Liberty Energy, Inc.                        | Liberty Energy, Inc., Class A                               | CUSIP: 53115L104<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    333506 | NS      | $3835319.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Quanex Building Products Corp.              | Quanex Building Products Corp.                              | CUSIP: 747619104<br>LEI: 5493000TL30VL5WOAW87 | Long             | EC               | CORP              | US        |    254376 | NS      | $4181941.44   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Progyny, Inc.                               | Progyny, Inc.                                               | CUSIP: 74340E103<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    136961 | NS      | $3128189.24   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Ribbon Communications, Inc.                 | Ribbon Communications, Inc.                                 | CUSIP: 762544104<br>LEI: 549300L1E8Z8RL7CUL52 | Long             | EC               | CORP              | US        |    785533 | NS      | $2521560.93   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Mosaic Co. (The)                            | Mosaic Co. (The)                                            | CUSIP: 61945C103<br>LEI: 2YD5STGSJNMUB7H76907 | Long             | EC               | CORP              | US        |    170564 | NS      | $5185145.60   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Enpro, Inc.                                 | Enpro, Inc.                                                 | CUSIP: 29355X107<br>LEI: 549300Y5CFT2LKCFDN54 | Long             | EC               | CORP              | US        |     46315 | NS      | $6919461.00   | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Amtech Systems, Inc.                        | Amtech Systems, Inc.                                        | CUSIP: 032332504<br>LEI: 5299008VRUUPETM6HZ85 | Long             | EC               | CORP              | US        |    713090 | NS      | $2460160.50   | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Matrix Service Co.                          | Matrix Service Co.                                          | CUSIP: 576853105<br>LEI: 529900VYBKSX6HD2YW58 | Long             | EC               | CORP              | US        |    346827 | NS      | $4023193.20   | 0.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Oil States International, Inc.              | Oil States International, Inc.                              | CUSIP: 678026105<br>LEI: 5493004TF4KQJGMYL777 | Long             | EC               | CORP              | US        |   2277641 | NS      | $7994519.91   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Dorian LPG Ltd.                             | Dorian LPG Ltd.                                             | CUSIP: N/A<br>LEI: 549300WP1W2WGMC7F395       | Long             | EC               | CORP              | MH        |    336659 | NS      | $7211235.78   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Valley National Bancorp                     | Valley National Bancorp                                     | CUSIP: 919794107<br>LEI: 549300ET52S1UBIB9762 | Long             | EC               | CORP              | US        |    870982 | NS      | $7490445.20   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Strawberry Fields REIT, Inc.                | Strawberry Fields REIT, Inc.                                | CUSIP: 863182101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    216932 | NS      | $2282124.64   | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Fastly, Inc.                                | Fastly, Inc., Class A                                       | CUSIP: 31188V100<br>LEI: 549300E2FZC83FJ3H565 | Long             | EC               | CORP              | US        |    671986 | NS      | $3863919.50   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| V2X, Inc.                                   | V2X, Inc.                                                   | CUSIP: 92242T101<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     31220 | NS      | $1553507.20   | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Ceragon Networks Ltd.                       | Ceragon Networks Ltd.                                       | CUSIP: N/A<br>LEI: BFM8T61CT2L1QCEMIK50       | Long             | EC               | CORP              | IL        |    504058 | NS      | $1098846.44   | 0.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Thryv Holdings, Inc.                        | Thryv Holdings, Inc.                                        | CUSIP: 886029206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    333454 | NS      | $4568319.80   | 0.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Dycom Industries, Inc.                      | Dycom Industries, Inc.                                      | CUSIP: 267475101<br>LEI: 549300F56EKTHQI3WT60 | Long             | EC               | CORP              | US        |     56168 | NS      | $9410948.40   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Air Lease Corp.                             | Air Lease Corp., Class A                                    | CUSIP: 00912X302<br>LEI: 5493004NW4M4P8TMMK63 | Long             | EC               | CORP              | US        |    200083 | NS      | $9355881.08   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Customers Bancorp, Inc.                     | Customers Bancorp, Inc.                                     | CUSIP: 23204G100<br>LEI: 549300WLBCHYKZ53FN68 | Long             | EC               | CORP              | US        |     83326 | NS      | $4166300.00   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Kratos Defense & Security Solutions, Inc.   | Kratos Defense & Security Solutions, Inc.                   | CUSIP: 50077B207<br>LEI: 5493000EKBN0UY1F3F88 | Long             | EC               | CORP              | US        |    277412 | NS      | $9372364.42   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| AngioDynamics, Inc.                         | AngioDynamics, Inc.                                         | CUSIP: 03475V101<br>LEI: 549300W3VKC5ZKMO8C28 | Long             | EC               | CORP              | US        |    288917 | NS      | $2684038.93   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Concrete Pumping Holdings, Inc.             | Concrete Pumping Holdings, Inc.                             | CUSIP: 206704108<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    343715 | NS      | $2062290.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Treace Medical Concepts, Inc.               | Treace Medical Concepts, Inc.                               | CUSIP: 89455T109<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    545650 | NS      | $3863202.00   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Embecta Corp.                               | Embecta Corp.                                               | CUSIP: 29082K105<br>LEI: 549300RPG8GXVDHNXZ62 | Long             | EC               | CORP              | US        |    342701 | NS      | $4177525.19   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Kemper Corp.                                | Kemper Corp.                                                | CUSIP: 488401100<br>LEI: 549300FNI1JKTRY2PV09 | Long             | EC               | CORP              | US        |    187442 | NS      | $11081571.04  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| iCAD, Inc.                                  | iCAD, Inc.                                                  | CUSIP: 44934S206<br>LEI: N/A                  | Long             | EC               | CORP              | US        |    536378 | NS      | $1834412.76   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

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

**Name of Applicant:** First Eagle Funds

**Signature:** Shuang Wu

**Name of Signer:** Shuang Wu

**Title:** Treasurer