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      </invstOrSec>
      <invstOrSec>
        <name>Helix Energy Solutions Group, Inc.</name>
        <lei>416AP2JOUTCWEGSOZW41</lei>
        <title>Helix Energy Solutions Group, Inc.</title>
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          <isin value="US42330P1075"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Biote Corp.</name>
        <lei>N/A</lei>
        <title>Biote Corp., Class A</title>
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          <isin value="US0906831039"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GMS, Inc.</name>
        <lei>52990057RENOQO4U0D72</lei>
        <title>GMS, Inc.</title>
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          <isin value="US36251C1036"/>
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        <balance>190548.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Advantage Corp.</name>
        <lei>549300RNJ0PXU8FP7D06</lei>
        <title>First Advantage Corp.</title>
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          <isin value="US31846B1089"/>
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        <balance>223225.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Anywhere Real Estate, Inc.</name>
        <lei>5493004HBTOTE9DI9P12</lei>
        <title>Anywhere Real Estate, Inc.</title>
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          <isin value="US75605Y1064"/>
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        <balance>934951.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Oil-Dri Corp. of America</name>
        <lei>549300RSG5KPUH16WH66</lei>
        <title>Oil-Dri Corp. of America</title>
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          <isin value="US6778641000"/>
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        <balance>18214.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Carter's, Inc.</name>
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        <title>Carter's, Inc.</title>
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          <isin value="US1462291097"/>
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        <balance>315456.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Merchants Bancorp</name>
        <lei>54930008Y0GPVLF81889</lei>
        <title>Merchants Bancorp</title>
        <cusip>58844R108</cusip>
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          <isin value="US58844R1086"/>
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        <balance>229828.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Liberty Latin America Ltd.</name>
        <lei>213800YWQHEAX7CAVO83</lei>
        <title>Liberty Latin America Ltd., Class C</title>
        <cusip>N/A</cusip>
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          <isin value="BMG9001E1286"/>
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        <balance>1124460.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>6994141.20000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>West BanCorp, Inc.</name>
        <lei>549300GKFOINCHIYU666</lei>
        <title>West Bancorp, Inc.</title>
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          <isin value="US95123P1066"/>
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        <balance>113893.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>WesBanco, Inc.</name>
        <lei>N/A</lei>
        <title>WesBanco, Inc.</title>
        <cusip>950810101</cusip>
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          <isin value="US9508101014"/>
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        <balance>793772.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Holley, Inc.</name>
        <lei>254900EEM9JI9G1A4D88</lei>
        <title>Holley, Inc.</title>
        <cusip>43538H103</cusip>
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          <isin value="US43538H1032"/>
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        <balance>527587.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Timberland Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>Timberland Bancorp, Inc.</title>
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        <balance>68106.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Douglas Elliman, Inc.</name>
        <lei>549300BXICHPOXA1NO93</lei>
        <title>Douglas Elliman, Inc.</title>
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          <isin value="US25961D1054"/>
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        <balance>649603.00000000</balance>
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        <name>Douglas Dynamics, Inc.</name>
        <lei>529900CDFLKNQ0QT6580</lei>
        <title>Douglas Dynamics, Inc.</title>
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        <name>Friedman Industries, Inc.</name>
        <lei>549300VI5ADYNC8C3G47</lei>
        <title>Friedman Industries, Inc.</title>
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          <isin value="US3584351056"/>
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        <balance>55687.00000000</balance>
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      <invstOrSec>
        <name>Hancock Whitney Corp.</name>
        <lei>549300GRNBWY8HIICT41</lei>
        <title>Hancock Whitney Corp.</title>
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      <invstOrSec>
        <name>Fidelity D&amp;D Bancorp, Inc.</name>
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        <name>Viasat, Inc.</name>
        <lei>UFC8NYMNFSYIHNSM2I38</lei>
        <title>Viasat, Inc.</title>
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        <name>Seven Hills Realty Trust</name>
        <lei>549300ESBDZ3SA3OEX38</lei>
        <title>Seven Hills Realty Trust</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Foot Locker, Inc.</name>
        <lei>549300X383CBNP6MTV94</lei>
        <title>Foot Locker, Inc.</title>
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        <balance>758421.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        </securityLending>
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      <invstOrSec>
        <name>Outset Medical, Inc.</name>
        <lei>N/A</lei>
        <title>Outset Medical, Inc.</title>
        <cusip>690145206</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ATN International, Inc.</name>
        <lei>54930013NP7VEU877V56</lei>
        <title>ATN International, Inc.</title>
        <cusip>00215F107</cusip>
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        <balance>92160.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1497600.00000000</valUSD>
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        <name>Addus HomeCare Corp.</name>
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      <invstOrSec>
        <name>Xerox Holdings Corp.</name>
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        <name>Firstsun Capital Bancorp</name>
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        <name>FuelCell Energy, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Oxford Industries, Inc.</name>
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        <name>Solid Biosciences, Inc.</name>
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        <name>Equity Bancshares, Inc.</name>
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        <name>Silvaco Group, Inc.</name>
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        <name>Greif, Inc.</name>
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        <name>Southern First Bancshares, Inc.</name>
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        <name>Universal Logistics Holdings, Inc.</name>
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        <name>Koppers Holdings, Inc.</name>
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        <name>Heron Therapeutics, Inc.</name>
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        <name>TEGNA, Inc.</name>
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        <name>Helen of Troy Ltd.</name>
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        <name>SB Financial Group, Inc.</name>
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        <name>MidWestOne Financial Group, Inc.</name>
        <lei>N/A</lei>
        <title>MidWestOne Financial Group, Inc.</title>
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        <name>Garrett Motion, Inc.</name>
        <lei>549300LS5WT7EMBNV724</lei>
        <title>Garrett Motion, Inc.</title>
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        <name>Resideo Technologies, Inc.</name>
        <lei>5493006TKFPYISY2DS54</lei>
        <title>Resideo Technologies, Inc.</title>
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        <name>Rimini Street, Inc.</name>
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        <name>Kosmos Energy Ltd.</name>
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        <name>ORIC Pharmaceuticals, Inc.</name>
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        <name>Ethan Allen Interiors, Inc.</name>
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        <name>Intrepid Potash, Inc.</name>
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        <name>Daktronics, Inc.</name>
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        <name>Tango Therapeutics, Inc.</name>
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        <name>Ares Commercial Real Estate Corp.</name>
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        <name>Aviat Networks, Inc.</name>
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        <name>Stoneridge, Inc.</name>
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        <name>Greene County Bancorp, Inc.</name>
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        <name>TriCo Bancshares</name>
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        <name>4D Molecular Therapeutics, Inc.</name>
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        <name>Core Scientific, Inc.</name>
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        <name>Two Harbors Investment Corp.</name>
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        <name>Ligand Pharmaceuticals, Inc.</name>
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        <name>Artisan Partners Asset Management, Inc.</name>
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        <name>Meritage Homes Corp.</name>
        <lei>52990044W9UMFJO2FB97</lei>
        <title>Meritage Homes Corp.</title>
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        <name>Polaris, Inc.</name>
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        <name>Triumph Group, Inc.</name>
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        <name>SpartanNash Co.</name>
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        <name>Citizens, Inc.</name>
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        <name>HarborOne Bancorp, Inc.</name>
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      <invstOrSec>
        <name>Target Hospitality Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Great Lakes Dredge &amp; Dock Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Generation Bio Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Landmark Bancorp, Inc.</name>
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        <name>908 Devices, Inc.</name>
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        <name>Lexeo Therapeutics, Inc.</name>
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        <name>New Jersey Resources Corp.</name>
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        <name>Hut 8 Corp.</name>
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        <name>Bakkt Holdings, Inc.</name>
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        <name>Hyliion Holdings Corp.</name>
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        <name>OPENLANE, Inc.</name>
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        <name>Invivyd, Inc.</name>
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        <name>Boston Omaha Corp.</name>
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        <name>Bloomin' Brands, Inc.</name>
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        <name>Mercantile Bank Corp.</name>
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        <title>Mercantile Bank Corp.</title>
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        <name>Enstar Group Ltd.</name>
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        <title>Enstar Group Ltd.</title>
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        <name>Full House Resorts, Inc.</name>
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        <name>NWPX Infrastructure, Inc.</name>
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        <title>NWPX Infrastructure, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Camden National Corp.</name>
        <lei>549300ZVEDL2L8UW4F28</lei>
        <title>Camden National Corp.</title>
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          <isin value="US1330341082"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Brookline Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>Brookline Bancorp, Inc.</title>
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          <isin value="US11373M1071"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WideOpenWest, Inc.</name>
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          <isin value="US96758W1018"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ICU Medical, Inc.</name>
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        <title>ICU Medical, Inc.</title>
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          <isin value="US44930G1076"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Mammoth Energy Services, Inc.</name>
        <lei>549300ODHHN3MGXCQ803</lei>
        <title>Mammoth Energy Services, Inc.</title>
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          <isin value="US56155L1089"/>
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        <balance>197356.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Elevation Oncology, Inc.</name>
        <lei>N/A</lei>
        <title>Elevation Oncology, Inc.</title>
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          <isin value="US28623U1016"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>FRP Holdings, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US30292L1070"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PAR Technology Corp.</name>
        <lei>549300HYPTHBJQINVG57</lei>
        <title>PAR Technology Corp.</title>
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          <isin value="US6988841036"/>
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        <balance>148221.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Citizens &amp; Northern Corp.</name>
        <lei>N/A</lei>
        <title>Citizens &amp; Northern Corp.</title>
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          <isin value="US1729221069"/>
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        <balance>132197.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ingles Markets, Inc.</name>
        <lei>549300XH5RYBMYP8TF26</lei>
        <title>Ingles Markets, Inc., Class A</title>
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          <isin value="US4570301048"/>
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        <balance>129762.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Axcelis Technologies, Inc.</name>
        <lei>529900HF9B6NL1QG9F05</lei>
        <title>Axcelis Technologies, Inc.</title>
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          <isin value="US0545402085"/>
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        <balance>264120.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Brookfield Infrastructure Corp.</name>
        <lei>254900YTMKBFJAKUBO55</lei>
        <title>Brookfield Infrastructure Corp., Class A</title>
        <cusip>11276H106</cusip>
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          <isin value="CA11276H1064"/>
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        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First National Corp.</name>
        <lei>549300TDCMDRFUMP0106</lei>
        <title>First National Corp.</title>
        <cusip>32106V107</cusip>
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          <isin value="US32106V1070"/>
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        <balance>65196.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Franklin Covey Co.</name>
        <lei>N/A</lei>
        <title>Franklin Covey Co.</title>
        <cusip>353469109</cusip>
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          <isin value="US3534691098"/>
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        <balance>13537.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>308914.34000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Crescent Energy, Inc.</name>
        <lei>N/A</lei>
        <title>Crescent Energy, Inc., Class A</title>
        <cusip>44952J104</cusip>
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          <isin value="US44952J1043"/>
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        <name>Glacier Bancorp, Inc.</name>
        <lei>549300SMJAUKZB5D7V74</lei>
        <title>Glacier Bancorp, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>TechTarget, Inc.</name>
        <lei>N/A</lei>
        <title>TechTarget, Inc.</title>
        <cusip>87874R308</cusip>
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          <isin value="US87874R3084"/>
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        <name>Northwest Natural Holding Co.</name>
        <lei>254900PSJL6ZEC8FR782</lei>
        <title>Northwest Natural Holding Co.</title>
        <cusip>66765N105</cusip>
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        <name>Northwest Bancshares, Inc.</name>
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        <name>Alumis, Inc.</name>
        <lei>N/A</lei>
        <title>Alumis, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>Standex International Corp.</name>
        <lei>RCX52GR0JW2LRRMH9Z54</lei>
        <title>Standex International Corp.</title>
        <cusip>854231107</cusip>
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          <isin value="US8542311076"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Varex Imaging Corp.</name>
        <lei>549300CWYWPVCT8E9W67</lei>
        <title>Varex Imaging Corp.</title>
        <cusip>92214X106</cusip>
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          <isin value="US92214X1063"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>America's Car-Mart, Inc.</name>
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        <name>Universal Health Realty Income Trust</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Financial Institutions, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>First Bank</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Blue Ridge Bankshares, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Gannett Co., Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Solid Power, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>N/A</name>
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        <name>Sterling Bancorp, Inc.</name>
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        <name>89bio, Inc.</name>
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        <name>Hilltop Holdings, Inc.</name>
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        <name>Utah Medical Products, Inc.</name>
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        <title>Utah Medical Products, Inc.</title>
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        <name>Getty Images Holdings, Inc.</name>
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        <name>Integral Ad Science Holding Corp.</name>
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        <name>American Axle &amp; Manufacturing Holdings, Inc.</name>
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        <title>American Axle &amp; Manufacturing Holdings, Inc.</title>
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        <name>AST SpaceMobile, Inc.</name>
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        <name>Northpointe Bancshares, Inc.</name>
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        <title>Northpointe Bancshares, Inc.</title>
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      <invstOrSec>
        <name>Proto Labs, Inc.</name>
        <lei>529900QHG5MGWT2WQQ09</lei>
        <title>Proto Labs, Inc.</title>
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      <invstOrSec>
        <name>REX American Resources Corp.</name>
        <lei>N/A</lei>
        <title>REX American Resources Corp.</title>
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          <isin value="US7616241052"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cibus, Inc.</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>California Bancorp</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>United Natural Foods, Inc.</name>
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        <title>United Natural Foods, Inc.</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Regional Management Corp.</name>
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        <title>Regional Management Corp.</title>
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          <isin value="US75902K1060"/>
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        <payoffProfile>Long</payoffProfile>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Arteris, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Amylyx Pharmaceuticals, Inc.</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Tilly's, Inc.</name>
        <lei>N/A</lei>
        <title>Tilly's, Inc., Class A</title>
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          <isin value="US8868851028"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PAMT Corp.</name>
        <lei>N/A</lei>
        <title>PAMT Corp.</title>
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          <isin value="US6931491061"/>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>El Pollo Loco Holdings, Inc.</name>
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        <title>El Pollo Loco Holdings, Inc.</title>
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        <balance>225448.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Winnebago Industries, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Westwood Holdings Group, Inc.</name>
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      <invstOrSec>
        <name>RadNet, Inc.</name>
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        </securityLending>
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      <invstOrSec>
        <name>Premier, Inc.</name>
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        <name>Diversified Healthcare Trust</name>
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        <name>MeiraGTx Holdings plc</name>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Absci Corp.</name>
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        <title>Absci Corp.</title>
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        <name>Standard Motor Products, Inc.</name>
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        <name>Aspen Aerogels, Inc.</name>
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        <name>Korro Bio, Inc.</name>
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        <name>Dyne Therapeutics, Inc.</name>
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        <name>Lands' End, Inc.</name>
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        <title>Lands' End, Inc.</title>
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        <name>Scorpio Tankers, Inc.</name>
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        <title>Scorpio Tankers, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>DiamondRock Hospitality Co.</name>
        <lei>529900KKD4BPVBUAQ734</lei>
        <title>DiamondRock Hospitality Co.</title>
        <cusip>252784301</cusip>
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          <isin value="US2527843013"/>
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        <balance>780613.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Trinseo plc</name>
        <lei>549300TJ3HIGDA2Z8315</lei>
        <title>Trinseo plc</title>
        <cusip>N/A</cusip>
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          <isin value="IE0000QBK8U7"/>
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        <balance>301592.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Princeton Bancorp, Inc.</name>
        <lei>549300ZWKMVQ4WLNLQ57</lei>
        <title>Princeton Bancorp, Inc.</title>
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          <isin value="US74179A1079"/>
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        <balance>46401.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Potbelly Corp.</name>
        <lei>54930027NUULUR2P5W11</lei>
        <title>Potbelly Corp.</title>
        <cusip>73754Y100</cusip>
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          <isin value="US73754Y1001"/>
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        <balance>24061.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Piedmont Realty Trust, Inc.</name>
        <lei>N/A</lei>
        <title>Piedmont Realty Trust, Inc., Class A</title>
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          <isin value="US7201902068"/>
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        <balance>1087392.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Urban Outfitters, Inc.</name>
        <lei>549300N3DUFR5U6NRN38</lei>
        <title>Urban Outfitters, Inc.</title>
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          <isin value="US9170471026"/>
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        <balance>363305.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Old National Bancorp</name>
        <lei>549300MMK90CL5KMVX16</lei>
        <title>Old National Bancorp</title>
        <cusip>680033107</cusip>
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          <isin value="US6800331075"/>
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        <balance>2509648.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lakeland Industries, Inc.</name>
        <lei>549300HGP70IM9WKU164</lei>
        <title>Lakeland Industries, Inc.</title>
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          <isin value="US5117951062"/>
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        <balance>81134.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Trustmark Corp.</name>
        <lei>5493000HPQ4D2RZ79739</lei>
        <title>Trustmark Corp.</title>
        <cusip>898402102</cusip>
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          <isin value="US8984021027"/>
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        <balance>503392.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>18353672.32000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Orchid Island Capital, Inc.</name>
        <lei>549300KBIHGT19K9DY89</lei>
        <title>Orchid Island Capital, Inc.</title>
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          <isin value="US68571X3017"/>
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        <balance>955386.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CryoPort, Inc.</name>
        <lei>9845004D8538BT8JF626</lei>
        <title>CryoPort, Inc.</title>
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          <isin value="US2290503075"/>
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        <balance>337012.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="212900.94000000"/>
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      <invstOrSec>
        <name>Centerspace</name>
        <lei>5493002LG2SH9EEHT720</lei>
        <title>Centerspace</title>
        <cusip>15202L107</cusip>
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          <isin value="US15202L1070"/>
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        <balance>149307.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8986788.33000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>OmniAb, Inc.</name>
        <lei>N/A</lei>
        <title>OmniAb, Inc., 15.00 Earnout Shares</title>
        <cusip>68218J301</cusip>
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          <isin value="US68218J3014"/>
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        <balance>52020.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>0.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Park-Ohio Holdings Corp.</name>
        <lei>N/A</lei>
        <title>Park-Ohio Holdings Corp.</title>
        <cusip>700666100</cusip>
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          <isin value="US7006661000"/>
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        <balance>85141.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Radiant Logistics, Inc.</name>
        <lei>549300HWCW2HBOG4GN20</lei>
        <title>Radiant Logistics, Inc.</title>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Grid Dynamics Holdings, Inc.</name>
        <lei>9845007E77EEC65AZE29</lei>
        <title>Grid Dynamics Holdings, Inc., Class A</title>
        <cusip>39813G109</cusip>
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          <isin value="US39813G1094"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Clearfield, Inc.</name>
        <lei>529900M4S2OQ1ADPR537</lei>
        <title>Clearfield, Inc.</title>
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          <isin value="US18482P1030"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WK Kellogg Co.</name>
        <lei>529900SWC935GFWUJ804</lei>
        <title>WK Kellogg Co.</title>
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          <isin value="US92942W1071"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Banc of California, Inc.</name>
        <lei>549300ZKWUJDP6LJ1X87</lei>
        <title>Banc of California, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Skye Bioscience, Inc.</name>
        <lei>5493004823BTPRPZ8750</lei>
        <title>Skye Bioscience, Inc.</title>
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      <invstOrSec>
        <name>Savers Value Village, Inc.</name>
        <lei>N/A</lei>
        <title>Savers Value Village, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Design Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Design Therapeutics, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
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      <invstOrSec>
        <name>Superior Group of Cos., Inc.</name>
        <lei>UOX145EEO0TB0ZWX2152</lei>
        <title>Superior Group of Cos., Inc.</title>
        <cusip>868358102</cusip>
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        <balance>93490.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>962947.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
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        <name>Aeluma, Inc.</name>
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      <invstOrSec>
        <name>Cracker Barrel Old Country Store, Inc.</name>
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          <isin value="US22410J1060"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Strattec Security Corp.</name>
        <lei>549300Z394OP8S8TSR40</lei>
        <title>Strattec Security Corp.</title>
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          <isin value="US8631111007"/>
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        <name>Kura Oncology, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WaFd, Inc.</name>
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          <isin value="US9388241096"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Comstock Resources, Inc.</name>
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          <isin value="US2057683029"/>
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        <name>Bridgewater Bancshares, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Northfield Bancorp, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US66611T1088"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>World Acceptance Corp.</name>
        <lei>N/A</lei>
        <title>World Acceptance Corp.</title>
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          <isin value="US9814191048"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Pangaea Logistics Solutions Ltd.</name>
        <lei>N/A</lei>
        <title>Pangaea Logistics Solutions Ltd.</title>
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          <isin value="BMG6891L1054"/>
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        <fairValLevel>1</fairValLevel>
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        </securityLending>
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        <name>Employers Holdings, Inc.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Veru, Inc.</name>
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        <title>Veru, Inc.</title>
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        <name>Atkore, Inc.</name>
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        <name>Alight, Inc.</name>
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        <title>Alight, Inc., Class A</title>
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        <name>Titan International, Inc.</name>
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        <name>Pioneer Bancorp, Inc.</name>
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        <name>Constellium SE</name>
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        <name>Vishay Intertechnology, Inc.</name>
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        <name>Apple Hospitality REIT, Inc.</name>
        <lei>549300EVZAR0FBZO4F16</lei>
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        <name>Angel Oak Mortgage REIT, Inc.</name>
        <lei>5493008M8D7W7VZZ7V36</lei>
        <title>Angel Oak Mortgage REIT, Inc.</title>
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        <name>Farmers &amp; Merchants Bancorp, Inc.</name>
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      <invstOrSec>
        <name>SiriusPoint Ltd.</name>
        <lei>549300OGXFI85N3YZZ51</lei>
        <title>SiriusPoint Ltd.</title>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Elme Communities</name>
        <lei>549300DI34BGS8LVKW95</lei>
        <title>Elme Communities</title>
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      <invstOrSec>
        <name>ACRES Commercial Realty Corp.</name>
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        <title>ACRES Commercial Realty Corp.</title>
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      <invstOrSec>
        <name>Nurix Therapeutics, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Pliant Therapeutics, Inc.</name>
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      <invstOrSec>
        <name>Satellogic, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Navient Corp.</name>
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        <title>Navient Corp.</title>
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          <isin value="US63938C1080"/>
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        <balance>617577.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ohio Valley Banc Corp.</name>
        <lei>N/A</lei>
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          <isin value="US6777191064"/>
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        <assetCat>EC</assetCat>
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      <invstOrSec>
        <name>Caribou Biosciences, Inc.</name>
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        <title>Caribou Biosciences, Inc.</title>
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          <isin value="US1420381089"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dynex Capital, Inc.</name>
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        <title>Dynex Capital, Inc.</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Phathom Pharmaceuticals, Inc.</name>
        <lei>N/A</lei>
        <title>Phathom Pharmaceuticals, Inc.</title>
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          <isin value="US71722W1071"/>
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        <balance>265230.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TETRA Technologies, Inc.</name>
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        <title>TETRA Technologies, Inc.</title>
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          <isin value="US88162F1057"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Century Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Century Therapeutics, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Chemung Financial Corp.</name>
        <lei>N/A</lei>
        <title>Chemung Financial Corp.</title>
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          <isin value="US1640241014"/>
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        <balance>36893.00000000</balance>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>QCR Holdings, Inc.</name>
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        <title>QCR Holdings, Inc.</title>
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      <invstOrSec>
        <name>Vitesse Energy, Inc.</name>
        <lei>N/A</lei>
        <title>Vitesse Energy, Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GBank Financial Holdings, Inc.</name>
        <lei>9845008U7CD30F9F5754</lei>
        <title>GBank Financial Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SEACOR Marine Holdings, Inc.</name>
        <lei>5493003LNKFW1W43N030</lei>
        <title>SEACOR Marine Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Warrior Met Coal, Inc.</name>
        <lei>549300152B1S9YKBYV79</lei>
        <title>Warrior Met Coal, Inc.</title>
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      <invstOrSec>
        <name>Merit Medical Systems, Inc.</name>
        <lei>549300OYTY138SP2CE83</lei>
        <title>Merit Medical Systems, Inc.</title>
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      <invstOrSec>
        <name>Guaranty Bancshares, Inc.</name>
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        <title>Guaranty Bancshares, Inc.</title>
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        <name>Hudson Technologies, Inc.</name>
        <lei>N/A</lei>
        <title>Hudson Technologies, Inc.</title>
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        <name>EVI Industries, Inc.</name>
        <lei>549300RU296J63VW0297</lei>
        <title>EVI Industries, Inc.</title>
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        <name>Capital City Bank Group, Inc.</name>
        <lei>254900NVLVUJQZKTQE82</lei>
        <title>Capital City Bank Group, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Enhabit, Inc.</name>
        <lei>549300RFQ78SLDFSHF49</lei>
        <title>Enhabit, Inc.</title>
        <cusip>29332G102</cusip>
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          <isin value="US29332G1022"/>
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        <name>Open Lending Corp.</name>
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        <name>Southern Missouri Bancorp, Inc.</name>
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        <name>Gladstone Commercial Corp.</name>
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        <name>Cohu, Inc.</name>
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        <name>Editas Medicine, Inc.</name>
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        <name>Advanced Flower Capital, Inc.</name>
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        <name>Valhi, Inc.</name>
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        <name>Ironwood Pharmaceuticals, Inc.</name>
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        <name>Excelerate Energy, Inc.</name>
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        <name>Allogene Therapeutics, Inc.</name>
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        <name>Energy Fuels, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>National Energy Services Reunited Corp.</name>
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        <name>SandRidge Energy, Inc.</name>
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        <name>Funko, Inc.</name>
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        <name>American Public Education, Inc.</name>
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        <name>Rayonier Advanced Materials, Inc.</name>
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        <name>Montrose Environmental Group, Inc.</name>
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        <name>Inogen, Inc.</name>
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        <title>Inogen, Inc.</title>
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        <name>Nelnet, Inc.</name>
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        <name>SM Energy Co.</name>
        <lei>84BUTVXV5ODI6BXNMH43</lei>
        <title>SM Energy Co.</title>
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        <name>HighPeak Energy, Inc.</name>
        <lei>549300J4RNCV140DUY76</lei>
        <title>HighPeak Energy, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Transcontinental Realty Investors, Inc.</name>
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      <invstOrSec>
        <name>BlackRock Funds III</name>
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      <invstOrSec>
        <name>Werewolf Therapeutics, Inc.</name>
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        <name>Aura Biosciences, Inc.</name>
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        <name>Marcus &amp; Millichap, Inc.</name>
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        <name>Virtus Investment Partners, Inc.</name>
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        <name>NCR Voyix Corp.</name>
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        <name>National Health Investors, Inc.</name>
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        <name>Weis Markets, Inc.</name>
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        <name>Borr Drilling Ltd.</name>
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        <name>JetBlue Airways Corp.</name>
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        <name>Republic Bancorp, Inc.</name>
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        <name>Marqeta, Inc.</name>
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        <name>Allegiant Travel Co.</name>
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        <name>Sound Financial Bancorp, Inc.</name>
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        <name>Shore Bancshares, Inc.</name>
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        <title>Shore Bancshares, Inc.</title>
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        <name>Old Second Bancorp, Inc.</name>
        <lei>549300XVJC1MPUT81C04</lei>
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        <name>OraSure Technologies, Inc.</name>
        <lei>529900GNNJPNM4XHXQ77</lei>
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        <name>Strategic Education, Inc.</name>
        <lei>2549002UYIM8Q5EC8H36</lei>
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        <name>Esperion Therapeutics, Inc.</name>
        <lei>549300OFU56UKEWVUS92</lei>
        <title>Esperion Therapeutics, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>Community Health Systems, Inc.</name>
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        <name>Berry Corp.</name>
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        <name>Innospec, Inc.</name>
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        <name>Fluor Corp.</name>
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        <name>Conduent, Inc.</name>
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        <name>LCNB Corp.</name>
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        <name>Industrial Logistics Properties Trust</name>
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        <name>N/A</name>
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        <name>Mid Penn Bancorp, Inc.</name>
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        <name>Midland States Bancorp, Inc.</name>
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        <name>Standard BioTools, Inc.</name>
        <lei>549300GX8Y96GSB6YP89</lei>
        <title>Standard BioTools, Inc.</title>
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        <name>Bel Fuse, Inc.</name>
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      <invstOrSec>
        <name>10X Genomics, Inc.</name>
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      <invstOrSec>
        <name>Core Laboratories, Inc.</name>
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      <invstOrSec>
        <name>Smith &amp; Wesson Brands, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Finwise Bancorp</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Skillsoft Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Myriad Genetics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LGI Homes, Inc.</name>
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        <title>LGI Homes, Inc.</title>
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          <isin value="US50187T1060"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Gencor Industries, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US3686781085"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Medifast, Inc.</name>
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        <title>Medifast, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Richmond Mutual Bancorp, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US76525P1003"/>
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        <balance>70946.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Saul Centers, Inc.</name>
        <lei>N/A</lei>
        <title>Saul Centers, Inc.</title>
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        <balance>10824.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Inovio Pharmaceuticals, Inc.</name>
        <lei>529900B9W875XDZXTM97</lei>
        <title>Inovio Pharmaceuticals, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ames National Corp.</name>
        <lei>N/A</lei>
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        <name>Cleanspark, Inc.</name>
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        <name>Golden Ocean Group Ltd.</name>
        <lei>549300HQH91CZG0OJL61</lei>
        <title>Golden Ocean Group Ltd.</title>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>McGrath RentCorp</name>
        <lei>254900EUH6IPWFQ83445</lei>
        <title>McGrath RentCorp</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Teladoc Health, Inc.</name>
        <lei>549300I2PVFBC9MFAC61</lei>
        <title>Teladoc Health, Inc.</title>
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        <name>Southside Bancshares, Inc.</name>
        <lei>549300TC83207VQA2K65</lei>
        <title>Southside Bancshares, Inc.</title>
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        <name>TripAdvisor, Inc.</name>
        <lei>549300XVG45PT5BART17</lei>
        <title>TripAdvisor, Inc.</title>
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      <invstOrSec>
        <name>Curbline Properties Corp.</name>
        <lei>529900PGR41LH0I81I15</lei>
        <title>Curbline Properties Corp.</title>
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      <invstOrSec>
        <name>CompoSecure, Inc.</name>
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        <title>CompoSecure, Inc., Class A</title>
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      <invstOrSec>
        <name>Colony Bankcorp, Inc.</name>
        <lei>N/A</lei>
        <title>Colony Bankcorp, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kodiak Sciences, Inc.</name>
        <lei>254900IXI5NI8C9OQE24</lei>
        <title>Kodiak Sciences, Inc.</title>
        <cusip>50015M109</cusip>
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        <balance>280825.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Motomova, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US71645N9947"/>
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        <fairValLevel>3</fairValLevel>
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      <invstOrSec>
        <name>Omnicell, Inc.</name>
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        <title>Omnicell, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>loanDepot, Inc.</name>
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          <isin value="US53946R1068"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AirSculpt Technologies, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US0094961002"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Genco Shipping &amp; Trading Ltd.</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Forrester Research, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Taylor Morrison Home Corp.</name>
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        <title>Taylor Morrison Home Corp.</title>
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          <isin value="US87724P1066"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Repay Holdings Corp.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sun Country Airlines Holdings, Inc.</name>
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        <title>Sun Country Airlines Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Richardson Electronics Ltd.</name>
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        <title>Richardson Electronics Ltd.</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ormat Technologies, Inc.</name>
        <lei>5493000TSHHWY24VHM09</lei>
        <title>Ormat Technologies, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Universal Corp.</name>
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        <title>Universal Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RXO, Inc.</name>
        <lei>549300KL8CA6GP8XPM30</lei>
        <title>RXO, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Amalgamated Financial Corp.</name>
        <lei>254900FMBXF85WQYV433</lei>
        <title>Amalgamated Financial Corp.</title>
        <cusip>022671101</cusip>
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        <balance>207510.00000000</balance>
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        <curCd>USD</curCd>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Walker &amp; Dunlop, Inc.</name>
        <lei>N/A</lei>
        <title>Walker &amp; Dunlop, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Amerant Bancorp, Inc.</name>
        <lei>54930071V6LIG79MTL10</lei>
        <title>Amerant Bancorp, Inc., Class A</title>
        <cusip>023576101</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Mistras Group, Inc.</name>
        <lei>5493000CMNXVLND3FU73</lei>
        <title>Mistras Group, Inc.</title>
        <cusip>60649T107</cusip>
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        <name>Theravance Biopharma, Inc.</name>
        <lei>5493007VTSXP4Z6MIW52</lei>
        <title>Theravance Biopharma, Inc.</title>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Celcuity, Inc.</name>
        <lei>N/A</lei>
        <title>Celcuity, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Vera Bradley, Inc.</name>
        <lei>52990005Q6LEJKXO7M51</lei>
        <title>Vera Bradley, Inc.</title>
        <cusip>92335C106</cusip>
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        <name>Consensus Cloud Solutions, Inc.</name>
        <lei>N/A</lei>
        <title>Consensus Cloud Solutions, Inc.</title>
        <cusip>20848V105</cusip>
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        <balance>172018.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ON24, Inc.</name>
        <lei>254900S6S9YKYTO9Q964</lei>
        <title>ON24, Inc.</title>
        <cusip>68339B104</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Biglari Holdings, Inc.</name>
        <lei>549300GLWWSODF8TM682</lei>
        <title>Biglari Holdings, Inc., Class B</title>
        <cusip>08986R309</cusip>
        <identifiers>
          <isin value="US08986R3093"/>
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        <balance>6230.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1820468.30000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Innovage Holding Corp.</name>
        <lei>N/A</lei>
        <title>Innovage Holding Corp.</title>
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          <isin value="US45784A1043"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>KB Home</name>
        <lei>549300LGUCWQURMWLG09</lei>
        <title>KB Home</title>
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          <isin value="US48666K1097"/>
          <other otherDesc="Inhouse Asset ID" value="48666K109"/>
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        <balance>618080.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Central Garden &amp; Pet Co.</name>
        <lei>5493004DVZLD37DJ0H83</lei>
        <title>Central Garden &amp; Pet Co., Class A</title>
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        <identifiers>
          <isin value="US1535272058"/>
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        <balance>458086.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Roadzen, Inc.</name>
        <lei>N/A</lei>
        <title>Roadzen, Inc.</title>
        <cusip>N/A</cusip>
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          <isin value="VGG7606H1082"/>
          <other otherDesc="Inhouse Asset ID" value="SBMX7K892"/>
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        <balance>71265.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Capri Holdings Ltd.</name>
        <lei>549300LPG8W0H1OX3A26</lei>
        <title>Capri Holdings Ltd.</title>
        <cusip>N/A</cusip>
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          <isin value="VGG1890L1076"/>
          <other otherDesc="Inhouse Asset ID" value="SBJ1N1M94"/>
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        <balance>1031251.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Steven Madden Ltd.</name>
        <lei>549300Z9GZ7GYJWSGF43</lei>
        <title>Steven Madden Ltd.</title>
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          <isin value="US5562691080"/>
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        <balance>560487.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ModivCare, Inc.</name>
        <lei>549300EFZIFW7F7I0Q28</lei>
        <title>ModivCare, Inc.</title>
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          <isin value="US60783X1046"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Carter Bankshares, Inc.</name>
        <lei>N/A</lei>
        <title>Carter Bankshares, Inc.</title>
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          <isin value="US1461031064"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Indivior plc</name>
        <lei>213800V3NCQTY7IED471</lei>
        <title>Indivior plc</title>
        <cusip>N/A</cusip>
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          <isin value="GB00BN4HT335"/>
          <other otherDesc="Inhouse Asset ID" value="SBP0BQQ51"/>
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        <balance>144302.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nextdoor Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Nextdoor Holdings, Inc., Class A</title>
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          <isin value="US65345M1080"/>
          <other otherDesc="Inhouse Asset ID" value="SBMFPWT68"/>
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        <balance>1875574.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Hillman Solutions Corp.</name>
        <lei>N/A</lei>
        <title>Hillman Solutions Corp.</title>
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          <isin value="US4316361090"/>
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        <balance>1755289.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="121.38000000"/>
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      <invstOrSec>
        <name>Bank First Corp.</name>
        <lei>N/A</lei>
        <title>Bank First Corp.</title>
        <cusip>06211J100</cusip>
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          <isin value="US06211J1007"/>
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        <balance>68111.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>8013259.15000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Teekay Tankers Ltd.</name>
        <lei>549300DE8ZAIYS2T6Q22</lei>
        <title>Teekay Tankers Ltd., Class A</title>
        <cusip>N/A</cusip>
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          <isin value="BMG8726X1065"/>
          <other otherDesc="Inhouse Asset ID" value="SBL54JK62"/>
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        <balance>215026.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mercury General Corp.</name>
        <lei>5493001Q9EXPCEL4W527</lei>
        <title>Mercury General Corp.</title>
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          <isin value="US5894001008"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Korn Ferry</name>
        <lei>549300FOD20OM0GT5G40</lei>
        <title>Korn Ferry</title>
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        <balance>248620.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NET Lease Office Properties</name>
        <lei>N/A</lei>
        <title>NET Lease Office Properties</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hyster-Yale, Inc.</name>
        <lei>N/A</lei>
        <title>Hyster-Yale, Inc., Class A</title>
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      <invstOrSec>
        <name>Community West Bancshares</name>
        <lei>N/A</lei>
        <title>Community West Bancshares</title>
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      <invstOrSec>
        <name>OceanFirst Financial Corp.</name>
        <lei>N/A</lei>
        <title>OceanFirst Financial Corp.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>TrustCo Bank Corp.</name>
        <lei>N/A</lei>
        <title>TrustCo Bank Corp.</title>
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      <invstOrSec>
        <name>Scholastic Corp.</name>
        <lei>N/A</lei>
        <title>Scholastic Corp.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Fortrea Holdings, Inc.</name>
        <lei>5493000FIVFABOVCDU97</lei>
        <title>Fortrea Holdings, Inc.</title>
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        <balance>809228.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>USANA Health Sciences, Inc.</name>
        <lei>549300YTURXE814MAH96</lei>
        <title>USANA Health Sciences, Inc.</title>
        <cusip>90328M107</cusip>
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          <isin value="US90328M1071"/>
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        <balance>98147.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2996427.91000000</valUSD>
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        <name>SmartRent, Inc.</name>
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        <name>Q32 Bio, Inc.</name>
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        <name>Playtika Holding Corp.</name>
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        <name>BioAge Labs, Inc.</name>
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        <name>Contra Aduro Biotech I</name>
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        <name>Riverview Bancorp, Inc.</name>
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        <name>Kelly Services, Inc.</name>
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        <name>SITE Centers Corp.</name>
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        <name>ACCO Brands Corp.</name>
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        <name>Cathay General Bancorp</name>
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        <name>Essential Properties Realty Trust, Inc.</name>
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        <name>Turtle Beach Corp.</name>
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        <name>Columbus McKinnon Corp.</name>
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        <name>United Community Banks, Inc.</name>
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        <name>Business First Bancshares, Inc.</name>
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        <name>Natural Gas Services Group, Inc.</name>
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        <name>Boise Cascade Co.</name>
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        <name>Maui Land &amp; Pineapple Co., Inc.</name>
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        <name>Sage Therapeutics, Inc.</name>
        <lei>5493000JX4BJS9W6CN35</lei>
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        <name>National HealthCare Corp.</name>
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        <name>Essent Group Ltd.</name>
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        <name>ChoiceOne Financial Services, Inc.</name>
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        <name>Dianthus Therapeutics, Inc.</name>
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        <name>MVB Financial Corp.</name>
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        <name>Forum Energy Technologies, Inc.</name>
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        <name>Praxis Precision Medicines, Inc.</name>
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        <name>Burke &amp; Herbert Financial Services Corp.</name>
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        <name>RGC Resources, Inc.</name>
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        <name>JELD-WEN Holding, Inc.</name>
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        <name>3D Systems Corp.</name>
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        <name>Neonode, Inc.</name>
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        <name>OmniAb, Inc.</name>
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        <name>QuidelOrtho Corp.</name>
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        <name>International Game Technology plc</name>
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      <invstOrSec>
        <name>Visteon Corp.</name>
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        <name>EW Scripps Co. (The)</name>
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        <name>GATX Corp.</name>
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        <title>GATX Corp.</title>
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        <name>Sutro Biopharma, Inc.</name>
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        <name>Riot Platforms, Inc.</name>
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        <name>Phinia, Inc.</name>
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        <name>Metrocity Bankshares, Inc.</name>
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        <name>Portillo's, Inc.</name>
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        <name>Sunrise Realty Trust, Inc.</name>
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        <name>Arcturus Therapeutics Holdings, Inc.</name>
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        <name>City Office REIT, Inc.</name>
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        <name>John Marshall Bancorp, Inc.</name>
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        <name>MFA Financial, Inc.</name>
        <lei>YW72IMH2RRC8Z1TGLG58</lei>
        <title>MFA Financial, Inc.</title>
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        <name>Bar Harbor Bankshares</name>
        <lei>N/A</lei>
        <title>Bar Harbor Bankshares</title>
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      <invstOrSec>
        <name>American Coastal Insurance Corp.</name>
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        <title>American Coastal Insurance Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Healthcare Services Group, Inc.</name>
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        <title>Healthcare Services Group, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Orion Group Holdings, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Acme United Corp.</name>
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          <isin value="US0048161048"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Safety Insurance Group, Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MarketWise, Inc.</name>
        <lei>N/A</lei>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>California Water Service Group</name>
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          <isin value="US1307881029"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Terex Corp.</name>
        <lei>YAWJZJYEQ7M1SYMOS462</lei>
        <title>Terex Corp.</title>
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          <isin value="US8807791038"/>
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        <balance>577463.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Quanterix Corp.</name>
        <lei>N/A</lei>
        <title>Quanterix Corp.</title>
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          <isin value="US74766Q1013"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>LifeStance Health Group, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Advance Auto Parts, Inc.</name>
        <lei>529900UCNQ5H9FSL0Y70</lei>
        <title>Advance Auto Parts, Inc.</title>
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          <isin value="US00751Y1064"/>
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        <balance>531957.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Tronox Holdings plc</name>
        <lei>549300NRVC84SGJSXV06</lei>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Orange County Bancorp, Inc.</name>
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        <name>Prothena Corp. plc</name>
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        <invCountry>IE</invCountry>
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        <name>Greif, Inc.</name>
        <lei>54930070FVGKR0Z1FI24</lei>
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        <name>United Bankshares, Inc.</name>
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        <name>Ranger Energy Services, Inc.</name>
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        <name>Designer Brands, Inc.</name>
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        <name>Gentherm, Inc.</name>
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        <name>Fate Therapeutics, Inc.</name>
        <lei>549300L14Q4UHOODLA90</lei>
        <title>Fate Therapeutics, Inc.</title>
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        <name>Shenandoah Telecommunications Co.</name>
        <lei>549300XH3H4OUKFPHS84</lei>
        <title>Shenandoah Telecommunications Co.</title>
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        <invCountry>US</invCountry>
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        <name>Day One Biopharmaceuticals, Inc.</name>
        <lei>N/A</lei>
        <title>Day One Biopharmaceuticals, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Jade Biosciences, Inc.</name>
        <lei>N/A</lei>
        <title>Jade Biosciences, Inc.</title>
        <cusip>008064206</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <name>Aardvark Therapeutics, Inc.</name>
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      <invstOrSec>
        <name>Middlesex Water Co.</name>
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        <name>Coherus Oncology, Inc.</name>
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        <name>First Capital, Inc.</name>
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        <name>Wabash National Corp.</name>
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        <name>Fulgent Genetics, Inc.</name>
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        <name>Investors Title Co.</name>
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        <name>Castle Biosciences, Inc.</name>
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        <name>ArcBest Corp.</name>
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        <name>Krispy Kreme, Inc.</name>
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      <invstOrSec>
        <name>Flushing Financial Corp.</name>
        <lei>N/A</lei>
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        <name>Mercury Systems, Inc.</name>
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        <name>Cullinan Therapeutics, Inc.</name>
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        <name>Clean Energy Fuels Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>PlayAGS, Inc.</name>
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        <name>Perspective Therapeutics, Inc.</name>
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        <name>HealthStream, Inc.</name>
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        <title>HealthStream, Inc.</title>
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        <name>Alpha &amp; Omega Semiconductor Ltd.</name>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First Busey Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Hallador Energy Co.</name>
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        <title>Hallador Energy Co.</title>
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        <name>PTC Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Northwestern Energy Group, Inc.</name>
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        <name>Vestis Corp.</name>
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        <title>Vestis Corp.</title>
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        <name>Great Southern Bancorp, Inc.</name>
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        <name>Diamond Hill Investment Group, Inc.</name>
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        <title>Diamond Hill Investment Group, Inc.</title>
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        <name>Sphere Entertainment Co.</name>
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        <title>Sphere Entertainment Co., Class A</title>
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        <name>Apollo Commercial Real Estate Finance, Inc.</name>
        <lei>549300E0AN7M2AQHSY29</lei>
        <title>Apollo Commercial Real Estate Finance, Inc.</title>
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        <name>Vital Energy, Inc.</name>
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        <title>Vital Energy, Inc.</title>
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        <name>Airship AI Holdings, Inc.</name>
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        <name>Honest Co., Inc. (The)</name>
        <lei>N/A</lei>
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        <name>Shattuck Labs, Inc.</name>
        <lei>N/A</lei>
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        <name>Northeast Bank</name>
        <lei>549300F0LV9TSW34E306</lei>
        <title>Northeast Bank</title>
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        <name>Caesarstone Ltd.</name>
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        <name>TreeHouse Foods, Inc.</name>
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        <name>Beauty Health Co. (The)</name>
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        <name>CEVA, Inc.</name>
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        <name>Ambac Financial Group, Inc.</name>
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        <name>ARMOUR Residential REIT, Inc.</name>
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        <name>Astria Therapeutics, Inc.</name>
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        <name>Aurora Innovation, Inc.</name>
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        <name>Winmark Corp.</name>
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        <name>HNI Corp.</name>
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        <name>Independent Bank Corp.</name>
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        <name>Plexus Corp.</name>
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        <name>Six Flags Entertainment Corp.</name>
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        <title>Six Flags Entertainment Corp.</title>
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        <name>Telos Corp.</name>
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        <name>UMB Financial Corp.</name>
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        <name>Clearwater Paper Corp.</name>
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        <name>CuriosityStream, Inc.</name>
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        <name>Red Rock Resorts, Inc.</name>
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        <name>Playstudios, Inc.</name>
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        <name>Johnson Outdoors, Inc.</name>
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        <name>Horace Mann Educators Corp.</name>
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        <name>Daily Journal Corp.</name>
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        <name>Tennant Co.</name>
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        <name>Goosehead Insurance, Inc.</name>
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        <name>CS Disco, Inc.</name>
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        <name>NBT Bancorp, Inc.</name>
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        <name>Leslie's, Inc.</name>
        <lei>N/A</lei>
        <title>Leslie's, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mister Car Wash, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Resources Connection, Inc.</name>
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      <invstOrSec>
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      <invstOrSec>
        <name>CNB Financial Corp.</name>
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      <invstOrSec>
        <name>Berkshire Hills Bancorp, Inc.</name>
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        <name>Monro, Inc.</name>
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        <name>Blackstone Mortgage Trust, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Alerus Financial Corp.</name>
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        <title>Alerus Financial Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Burford Capital Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Greenlight Capital Re Ltd.</name>
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        <invCountry>KY</invCountry>

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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>York Water Co. (The)</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Bandwidth, Inc.</name>
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        <name>UFP Industries, Inc.</name>
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        <name>Luminar Technologies, Inc.</name>
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        <name>National Bank Holdings Corp.</name>
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        <name>Microvast Holdings, Inc.</name>
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        <name>Magnera Corp.</name>
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        <title>Magnera Corp.</title>
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        <name>Seneca Foods Corp.</name>
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        <name>Manitowoc Co., Inc. (The)</name>
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        <title>Manitowoc Co., Inc. (The)</title>
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        <name>Cooper-Standard Holdings, Inc.</name>
        <lei>549300VVOH2RQP5YMB08</lei>
        <title>Cooper-Standard Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Tactile Systems Technology, Inc.</name>
        <lei>54930069VDTITHOTKJ98</lei>
        <title>Tactile Systems Technology, Inc.</title>
        <cusip>87357P100</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Allient, Inc.</name>
        <lei>549300I2LHAWYGNBPM97</lei>
        <title>Allient, Inc.</title>
        <cusip>019330109</cusip>
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        <name>Franklin BSP Realty Trust, Inc.</name>
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      <invstOrSec>
        <name>UroGen Pharma Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Compass Therapeutics, Inc.</name>
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        <name>Universal Insurance Holdings, Inc.</name>
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        <name>Tucows, Inc.</name>
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        <name>L B Foster Co.</name>
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        <name>United Parks &amp; Resorts, Inc.</name>
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        <name>Chimera Investment Corp.</name>
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        <name>Community Financial System, Inc.</name>
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        <name>Avanos Medical, Inc.</name>
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        <name>Cars.com, Inc.</name>
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        <name>Westamerica BanCorp</name>
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        <name>Kyverna Therapeutics, Inc.</name>
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        <name>NextNRG, Inc.</name>
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        <name>First Commonwealth Financial Corp.</name>
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        <name>Bank7 Corp.</name>
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        <name>Zumiez, Inc.</name>
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        <name>American Battery Technology Co.</name>
        <lei>N/A</lei>
        <title>American Battery Technology Co.</title>
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        <name>UniFirst Corp.</name>
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        <title>UniFirst Corp.</title>
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        <name>OPKO Health, Inc.</name>
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        <name>Laureate Education, Inc.</name>
        <lei>5JL7TMOH5TY3IUYSUP91</lei>
        <title>Laureate Education, Inc.</title>
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      <invstOrSec>
        <name>Heritage Financial Corp.</name>
        <lei>N/A</lei>
        <title>Heritage Financial Corp.</title>
        <cusip>42722X106</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Axos Financial, Inc.</name>
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        <title>Axos Financial, Inc.</title>
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          <isin value="US05465C1009"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Arq, Inc.</name>
        <lei>52990086HRJSW2EZQH40</lei>
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          <isin value="US00770C1018"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hanover Bancorp, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Towne Bank</name>
        <lei>54930039UO39UJGI7078</lei>
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          <isin value="US89214P1093"/>
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        <payoffProfile>Long</payoffProfile>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ryerson Holding Corp.</name>
        <lei>549300JMA41B3ZHOVE45</lei>
        <title>Ryerson Holding Corp.</title>
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          <isin value="US7837541041"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Photronics, Inc.</name>
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        <title>Photronics, Inc.</title>
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          <isin value="US7194051022"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Uniti Group, Inc.</name>
        <lei>549300V3NU625PJUVA84</lei>
        <title>Uniti Group, Inc.</title>
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          <isin value="US91325V1089"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Byline Bancorp, Inc.</name>
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        <title>Byline Bancorp, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>LXP Industrial Trust</name>
        <lei>549300S4MH2ICXDBFV43</lei>
        <title>LXP Industrial Trust</title>
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          <isin value="US5290431015"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Xenia Hotels &amp; Resorts, Inc.</name>
        <lei>54930075IWIPHF5IQL62</lei>
        <title>Xenia Hotels &amp; Resorts, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Herbalife Ltd.</name>
        <lei>549300BA7TYPBSZZIA41</lei>
        <title>Herbalife Ltd.</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First Business Financial Services, Inc.</name>
        <lei>549300BXKLW2T50TKU95</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Apartment Investment &amp; Management Co.</name>
        <lei>549300O8FT5GJ4RU1D57</lei>
        <title>Apartment Investment &amp; Management Co., Class A</title>
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        <invCountry>US</invCountry>
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        <name>Seacoast Banking Corp. of Florida</name>
        <lei>549300V6IC06XYQYPG88</lei>
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        <name>aTyr Pharma, Inc.</name>
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        <name>First Savings Financial Group, Inc.</name>
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        <name>Rithm Property Trust, Inc.</name>
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        <name>Capitol Federal Financial, Inc.</name>
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        <name>Pacira BioSciences, Inc.</name>
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        <name>DocGo, Inc.</name>
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        <name>First Internet Bancorp</name>
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        <title>First Internet Bancorp</title>
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        <name>Pacific Biosciences of California, Inc.</name>
        <lei>529900F1BWRE1M0KZN89</lei>
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        <name>Global Business Travel Group I</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Penns Woods Bancorp, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>W&amp;T Offshore, Inc.</name>
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        <title>W&amp;T Offshore, Inc.</title>
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          <isin value="US92922P1066"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tidewater, Inc.</name>
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          <isin value="US88642R1095"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>InvenTrust Properties Corp.</name>
        <lei>5493006BQYSOBYVUFA03</lei>
        <title>InvenTrust Properties Corp.</title>
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          <isin value="US46124J2015"/>
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        <balance>691608.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JBT Marel Corp.</name>
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        <title>JBT Marel Corp.</title>
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          <isin value="US4778391049"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Apogee Enterprises, Inc.</name>
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          <isin value="US0375981091"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Montauk Renewables, Inc.</name>
        <lei>N/A</lei>
        <title>Montauk Renewables, Inc.</title>
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          <isin value="US61218C1036"/>
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        <balance>469070.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>NV5 Global, Inc.</name>
        <lei>N/A</lei>
        <title>NV5 Global, Inc.</title>
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          <isin value="US62945V1098"/>
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        <balance>514782.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Brookfield Business Corp.</name>
        <lei>2549005XWAHF5YCLN502</lei>
        <title>Brookfield Business Corp., Class A</title>
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          <isin value="CA11259V1067"/>
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        <balance>137325.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>USCB Financial Holdings, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US90355N1019"/>
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        <balance>72483.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Atlas Energy Solutions, Inc.</name>
        <lei>N/A</lei>
        <title>Atlas Energy Solutions, Inc.</title>
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          <isin value="US6420451089"/>
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        <balance>194405.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jackson Financial, Inc.</name>
        <lei>213800WXW2KG1N4CO374</lei>
        <title>Jackson Financial, Inc., Class A</title>
        <cusip>46817M107</cusip>
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          <isin value="US46817M1071"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MaxCyte, Inc.</name>
        <lei>54930053YHXULRFCU991</lei>
        <title>MaxCyte, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Adient plc</name>
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        <title>Adient plc</title>
        <cusip>N/A</cusip>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Nature's Sunshine Products, Inc.</name>
        <lei>N/A</lei>
        <title>Nature's Sunshine Products, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Fresh Del Monte Produce, Inc.</name>
        <lei>529900I72V9F0FEZR228</lei>
        <title>Fresh Del Monte Produce, Inc.</title>
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          <isin value="KYG367381053"/>
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        <balance>299855.00000000</balance>
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        <curCd>USD</curCd>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Seadrill Ltd.</name>
        <lei>213800EQ6L456U2JCO89</lei>
        <title>Seadrill Ltd.</title>
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      <invstOrSec>
        <name>1stdibs.com, Inc.</name>
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        <title>1stdibs.com, Inc.</title>
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      <invstOrSec>
        <name>Shoe Carnival, Inc.</name>
        <lei>N/A</lei>
        <title>Shoe Carnival, Inc.</title>
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      <invstOrSec>
        <name>GigaCloud Technology, Inc.</name>
        <lei>N/A</lei>
        <title>GigaCloud Technology, Inc., Class A</title>
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        <name>iHeartMedia, Inc.</name>
        <lei>N/A</lei>
        <title>iHeartMedia, Inc., Class A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Wolfspeed, Inc.</name>
        <lei>549300OGU88P3AW3TO93</lei>
        <title>Wolfspeed, Inc.</title>
        <cusip>977852102</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>National Vision Holdings, Inc.</name>
        <lei>549300JHURCBLI5ROA42</lei>
        <title>National Vision Holdings, Inc.</title>
        <cusip>63845R107</cusip>
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          <isin value="US63845R1077"/>
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        <balance>690588.00000000</balance>
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        <name>Purple Innovation, Inc.</name>
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      <invstOrSec>
        <name>Redwood Trust, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>RealReal, Inc. (The)</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>F&amp;G Annuities &amp; Life, Inc.</name>
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          <isin value="US30190A1043"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Renovaro, Inc.</name>
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      <invstOrSec>
        <name>Mission Produce, Inc.</name>
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      <invstOrSec>
        <name>Arko Corp.</name>
        <lei>N/A</lei>
        <title>Arko Corp.</title>
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      <invstOrSec>
        <name>Meridian Corp.</name>
        <lei>N/A</lei>
        <title>Meridian Corp.</title>
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          <isin value="US58958P1049"/>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Stem, Inc.</name>
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      <invstOrSec>
        <name>Xencor, Inc.</name>
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        <title>Xencor, Inc.</title>
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          <isin value="US98401F1057"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PennyMac Mortgage Investment Trust</name>
        <lei>549300BSSOQO1ZWDUJ97</lei>
        <title>PennyMac Mortgage Investment Trust</title>
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          <isin value="US70931T1034"/>
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        <balance>774630.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Acacia Research Corp.</name>
        <lei>529900BCN7BE6ESPDZ72</lei>
        <title>Acacia Research Corp.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>BJ's Restaurants, Inc.</name>
        <lei>5299000EOW66I1OJNQ23</lei>
        <title>BJ's Restaurants, Inc.</title>
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        <name>Olaplex Holdings, Inc.</name>
        <lei>N/A</lei>
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        <name>ECB Bancorp, Inc.</name>
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        <name>Critical Metals Corp.</name>
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        <title>Critical Metals Corp.</title>
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        <name>Marex Group plc</name>
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      <invstOrSec>
        <name>Unisys Corp.</name>
        <lei>549300T21W22FIJJOW08</lei>
        <title>Unisys Corp.</title>
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        <name>Simply Good Foods Co. (The)</name>
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        <name>CNO Financial Group, Inc.</name>
        <lei>11XPYHB76MPM4Y4P2897</lei>
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      <invstOrSec>
        <name>Atlanticus Holdings Corp.</name>
        <lei>N/A</lei>
        <title>Atlanticus Holdings Corp.</title>
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        <name>Net Power, Inc.</name>
        <lei>N/A</lei>
        <title>Net Power, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Oklo, Inc.</name>
        <lei>N/A</lei>
        <title>Oklo, Inc.</title>
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      <invstOrSec>
        <name>Telephone &amp; Data Systems, Inc.</name>
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      <invstOrSec>
        <name>Magnolia Oil &amp; Gas Corp.</name>
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      <invstOrSec>
        <name>Selectquote, Inc.</name>
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      <invstOrSec>
        <name>American Woodmark Corp.</name>
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      <invstOrSec>
        <name>Hanmi Financial Corp.</name>
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        <title>Hanmi Financial Corp.</title>
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      <invstOrSec>
        <name>Nuvation Bio, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Atea Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ardagh Metal Packaging SA</name>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>MasterCraft Boat Holdings, Inc.</name>
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        <name>Nexxen International Ltd.</name>
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        <invCountry>IL</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>EVgo, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Summit Midstream Corp.</name>
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        <name>Peabody Energy Corp.</name>
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        <name>Protara Therapeutics, Inc.</name>
        <lei>549300VWUGH3220TG273</lei>
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        <name>Iovance Biotherapeutics, Inc.</name>
        <lei>2549002L8WT2ACU5Q878</lei>
        <title>Iovance Biotherapeutics, Inc.</title>
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        <name>Kestra Medical Technologies Ltd.</name>
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        <title>Kestra Medical Technologies Ltd.</title>
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        <name>European Wax Center, Inc.</name>
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        <name>FB Financial Corp.</name>
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        <title>FB Financial Corp.</title>
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        <name>MBX Biosciences, Inc.</name>
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        <name>KKR Real Estate Finance Trust, Inc.</name>
        <lei>549300K23AYZDZ2REL62</lei>
        <title>KKR Real Estate Finance Trust, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Investar Holding Corp.</name>
        <lei>54930001EK2YM28LOJ08</lei>
        <title>Investar Holding Corp.</title>
        <cusip>46134L105</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>DMC Global, Inc.</name>
        <lei>549300CBDXD1Z5MRNG02</lei>
        <title>DMC Global, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Annexon, Inc.</name>
        <lei>N/A</lei>
        <title>Annexon, Inc.</title>
        <cusip>03589W102</cusip>
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        <name>IDT Corp.</name>
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        <name>AAR Corp.</name>
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        <name>Immersion Corp.</name>
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        <name>Health Catalyst, Inc.</name>
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        <name>LivaNova plc</name>
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        <name>Syndax Pharmaceuticals, Inc.</name>
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        <name>Black Diamond Therapeutics, Inc.</name>
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        <name>Hawaiian Electric Industries, Inc.</name>
        <lei>JJ8FWOCWCV22X7GUPJ23</lei>
        <title>Hawaiian Electric Industries, Inc.</title>
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        <name>ConnectOne Bancorp, Inc.</name>
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        <name>LiveOne, Inc.</name>
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        <name>Associated Banc-Corp.</name>
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        <name>Grocery Outlet Holding Corp.</name>
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        <name>Four Corners Property Trust, Inc.</name>
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        <name>First Community Corp.</name>
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        <title>First Community Corp.</title>
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        <name>Metallus, Inc.</name>
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        <name>Inhibrx Biosciences, Inc.</name>
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        <name>Clipper Realty, Inc.</name>
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        <name>Whitestone REIT</name>
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        <title>Whitestone REIT</title>
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        <name>Janus International Group, Inc.</name>
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        <title>Janus International Group, Inc.</title>
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        <name>Farmland Partners, Inc.</name>
        <lei>549300LB188CHPZ4IL37</lei>
        <title>Farmland Partners, Inc.</title>
        <cusip>31154R109</cusip>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Peloton Interactive, Inc.</name>
        <lei>5493002YS021166W0339</lei>
        <title>Peloton Interactive, Inc., Class A</title>
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      <invstOrSec>
        <name>Coeur Mining, Inc.</name>
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      <invstOrSec>
        <name>Signet Jewelers Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Entravision Communications Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Murphy Oil Corp.</name>
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        <name>Prairie Operating Co.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Smartstop Self Storage REIT, Inc.</name>
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      <invstOrSec>
        <name>Marriott Vacations Worldwide Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Franklin Street Properties Corp.</name>
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      <invstOrSec>
        <name>Sleep Number Corp.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Genesco, Inc.</name>
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        <name>Paysafe Ltd.</name>
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        <name>Domo, Inc.</name>
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        <name>Keros Therapeutics, Inc.</name>
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        <name>Rumble, Inc.</name>
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        <name>Hain Celestial Group, Inc. (The)</name>
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        <name>Easterly Government Properties, Inc.</name>
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        <name>Ichor Holdings Ltd.</name>
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        <name>SkyWest, Inc.</name>
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        <name>First Merchants Corp.</name>
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        <name>Ponce Financial Group, Inc.</name>
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        <name>AdvanSix, Inc.</name>
        <lei>5493009TPRODMCAZLF67</lei>
        <title>AdvanSix, Inc.</title>
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      <invstOrSec>
        <name>Ascent Industries Co.</name>
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        <title>Ascent Industries Co.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Transcat, Inc.</name>
        <lei>54930081E40TSSHUOS40</lei>
        <title>Transcat, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Avista Corp.</name>
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        <title>Avista Corp.</title>
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          <isin value="US05379B1070"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Novavax, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>First Bancorp</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NACCO Industries, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ladder Capital Corp.</name>
        <lei>549300Q6LLV2QCV67C06</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sunstone Hotel Investors, Inc.</name>
        <lei>529900ZQ2V52V96ATF67</lei>
        <title>Sunstone Hotel Investors, Inc.</title>
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          <isin value="US8678921011"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Riley Exploration Permian, Inc.</name>
        <lei>5493008CUBI02XP43Q95</lei>
        <title>Riley Exploration Permian, Inc.</title>
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          <isin value="US76665T1025"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Oruka Therapeutics, Inc.</name>
        <lei>529900TG7O4ESUDMGI54</lei>
        <title>Oruka Therapeutics, Inc.</title>
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          <isin value="US6876041087"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Resolute Holdings Management, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Agios Pharmaceuticals, Inc.</name>
        <lei>529900ONJHY8EOGYT555</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kaiser Aluminum Corp.</name>
        <lei>N/A</lei>
        <title>Kaiser Aluminum Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Ginkgo Bioworks Holdings, Inc.</name>
        <lei>N/A</lei>
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        <name>Sinclair, Inc.</name>
        <lei>N/A</lei>
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        <name>Angi, Inc.</name>
        <lei>5493003ENY577E6SZL06</lei>
        <title>Angi, Inc.</title>
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      <invstOrSec>
        <name>Unitil Corp.</name>
        <lei>N/A</lei>
        <title>Unitil Corp.</title>
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        <name>Lionsgate Studios Corp.</name>
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        <title>Lionsgate Studios Corp.</title>
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      <invstOrSec>
        <name>Black Hills Corp.</name>
        <lei>3MGELCRSTNSAMJ962671</lei>
        <title>Black Hills Corp.</title>
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        <name>Petco Health &amp; Wellness Co., Inc.</name>
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        <title>Petco Health &amp; Wellness Co., Inc.</title>
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        <invCountry>US</invCountry>
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        <name>One Liberty Properties, Inc.</name>
        <lei>549300QII1CQZGZBZR14</lei>
        <title>One Liberty Properties, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Outdoor Holding Co.</name>
        <lei>549300WUBAV2G8RICP63</lei>
        <title>Outdoor Holding Co.</title>
        <cusip>00175J107</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Teads Holding Co.</name>
        <lei>549300TNEHRXPVGWVW07</lei>
        <title>Teads Holding Co.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Tile Shop Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lumen Technologies, Inc.</name>
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        <title>Lumen Technologies, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dine Brands Global, Inc.</name>
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        <title>Dine Brands Global, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Corbus Pharmaceuticals Holdings, Inc.</name>
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          <isin value="US21833P3010"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Humacyte, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Southern States Bancshares, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Golar LNG Ltd.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>RPC, Inc.</name>
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          <isin value="US7496601060"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Park National Corp.</name>
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        <title>Park National Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>International Seaways, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>MH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Topgolf Callaway Brands Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Enovis Corp.</name>
        <lei>635400OP2DYYYMOIYL17</lei>
        <title>Enovis Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Pebblebrook Hotel Trust</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Dole plc</name>
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        <assetCat>EC</assetCat>
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        <invCountry>IE</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>Aehr Test Systems</name>
        <lei>529900A4GWWZFRU2RE97</lei>
        <title>Aehr Test Systems</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Amneal Pharmaceuticals, Inc.</name>
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        <name>SR Bancorp, Inc.</name>
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        <name>Plug Power, Inc.</name>
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        <title>Plug Power, Inc.</title>
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        <name>Ducommun, Inc.</name>
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        <title>Ducommun, Inc.</title>
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        <name>Alpine Income Property Trust, Inc.</name>
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        <title>Alpine Income Property Trust, Inc.</title>
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        <name>Utz Brands, Inc.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>MRC Global, Inc.</name>
        <lei>529900TSBPOLCLI2L582</lei>
        <title>MRC Global, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Veritex Holdings, Inc.</name>
        <lei>549300F3SMOML02SC814</lei>
        <title>Veritex Holdings, Inc.</title>
        <cusip>923451108</cusip>
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        <fairValLevel>1</fairValLevel>
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      </invstOrSec>
      <invstOrSec>
        <name>American States Water Co.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Harvard Bioscience, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Urban Edge Properties</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hackett Group, Inc. (The)</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Azenta, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Array Technologies, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Liberty Latin America Ltd.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Willis Lease Finance Corp.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cadence Bank</name>
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        <title>Cadence Bank</title>
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          <isin value="US12740C1036"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AerSale Corp.</name>
        <lei>N/A</lei>
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          <isin value="US00810F1066"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Dana, Inc.</name>
        <lei>KVWHW7YLZPFJM8QYNJ51</lei>
        <title>Dana, Inc.</title>
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          <isin value="US2358252052"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alexander &amp; Baldwin, Inc.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Civista Bancshares, Inc.</name>
        <lei>5493001LX61Z2UVYSC48</lei>
        <title>Civista Bancshares, Inc.</title>
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      <invstOrSec>
        <name>VAALCO Energy, Inc.</name>
        <lei>549300CFHFVIWB8M6T24</lei>
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        <name>Surgery Partners, Inc.</name>
        <lei>549300LC82HG33S19I03</lei>
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      <invstOrSec>
        <name>BayCom Corp.</name>
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        <title>BayCom Corp.</title>
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        <name>Finance of America Cos., Inc.</name>
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        <name>First BanCorp</name>
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        <name>Five Star Bancorp</name>
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        <title>Five Star Bancorp</title>
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        <name>GoPro, Inc.</name>
        <lei>549300CQJMLT21SZFL16</lei>
        <title>GoPro, Inc., Class A</title>
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        <name>Bowman Consulting Group Ltd.</name>
        <lei>N/A</lei>
        <title>Bowman Consulting Group Ltd.</title>
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        <name>Better Home &amp; Finance Holding Co.</name>
        <lei>529900VAMR5CW7WS5H57</lei>
        <title>Better Home &amp; Finance Holding Co.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Stewart Information Services Corp.</name>
        <lei>529900TV1XI0PLKENU10</lei>
        <title>Stewart Information Services Corp.</title>
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      <invstOrSec>
        <name>Celldex Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Insteel Industries, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>OP Bancorp</name>
        <lei>549300LTYZMS0Q13U522</lei>
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          <isin value="US67109R1095"/>
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        <balance>95151.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ferroglobe plc</name>
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        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FB Bancorp, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Goodyear Tire &amp; Rubber Co. (The)</name>
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        <title>Goodyear Tire &amp; Rubber Co. (The)</title>
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          <isin value="US3825501014"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Rogers Corp.</name>
        <lei>PW0CN80KNFR7RUOOKJ84</lei>
        <title>Rogers Corp.</title>
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          <isin value="US7751331015"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>NI Holdings, Inc.</name>
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        <title>NI Holdings, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Alector, Inc.</name>
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        <title>Alector, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Franklin Financial Services Corp.</name>
        <lei>N/A</lei>
        <title>Franklin Financial Services Corp.</title>
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          <isin value="US3535251082"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Hovnanian Enterprises, Inc.</name>
        <lei>549300805N4EF0ROBT53</lei>
        <title>Hovnanian Enterprises, Inc., Class A</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Orthofix Medical, Inc.</name>
        <lei>N/A</lei>
        <title>Orthofix Medical, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>First Western Financial, Inc.</name>
        <lei>549300PPOGX4C7S66B47</lei>
        <title>First Western Financial, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Materion Corp.</name>
        <lei>549300CJ5RI351SUYT02</lei>
        <title>Materion Corp.</title>
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        <name>Par Pacific Holdings, Inc.</name>
        <lei>549300BTNS7MHSHRLR55</lei>
        <title>Par Pacific Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Flexsteel Industries, Inc.</name>
        <lei>894500J5Y3ZZOOJXXN24</lei>
        <title>Flexsteel Industries, Inc.</title>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Definitive Healthcare Corp.</name>
        <lei>N/A</lei>
        <title>Definitive Healthcare Corp., Class A</title>
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        <name>Calumet, Inc.</name>
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        <invCountry>US</invCountry>
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        <name>Tvardi Therapeutics, Inc.</name>
        <lei>549300COVOY41P0GZ881</lei>
        <title>Tvardi Therapeutics, Inc.</title>
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      <invstOrSec>
        <name>Denny's Corp.</name>
        <lei>54930037V56XOULXM917</lei>
        <title>Denny's Corp.</title>
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        <name>Alto Neuroscience, Inc.</name>
        <lei>N/A</lei>
        <title>Alto Neuroscience, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>CSG Systems International, Inc.</name>
        <lei>549300D7FJZUOHHXUA81</lei>
        <title>CSG Systems International, Inc.</title>
        <cusip>126349109</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Newmark Group, Inc.</name>
        <lei>N/A</lei>
        <title>Newmark Group, Inc., Class A</title>
        <cusip>65158N102</cusip>
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        <name>Olympic Steel, Inc.</name>
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        <name>Worthington Enterprises, Inc.</name>
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        <name>SmartFinancial, Inc.</name>
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        <name>Global Net Lease, Inc.</name>
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        <name>Lifezone Metals Ltd.</name>
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        <name>XBiotech, Inc.</name>
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        <name>OrthoPediatrics Corp.</name>
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        <name>Donegal Group, Inc.</name>
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        <name>CNX Resources Corp.</name>
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        <name>Steelcase, Inc.</name>
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        <name>Rush Enterprises, Inc.</name>
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        <name>Citizens Financial Services, Inc.</name>
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        <name>CB Financial Services, Inc.</name>
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        <name>Acadia Realty Trust</name>
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        <name>Fulton Financial Corp.</name>
        <lei>5493005QLZ6O1BNC0C11</lei>
        <title>Fulton Financial Corp.</title>
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        <name>Aquestive Therapeutics, Inc.</name>
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        <name>Mativ Holdings, Inc.</name>
        <lei>549300Z1FU4IDULG1R21</lei>
        <title>Mativ Holdings, Inc.</title>
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        <name>1st Source Corp.</name>
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        <name>Performant Healthcare, Inc.</name>
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        <name>Inhibikase Therapeutics, Inc.</name>
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        <name>Marcus Corp. (The)</name>
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        <name>Shutterstock, Inc.</name>
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        <name>Vishay Precision Group, Inc.</name>
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        <name>James River Group Holdings Ltd.</name>
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        <name>Norwood Financial Corp.</name>
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        <name>Sanmina Corp.</name>
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        <title>Sanmina Corp.</title>
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        <name>Cogent Biosciences, Inc.</name>
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        <name>GoHealth, Inc.</name>
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        <name>Applied Optoelectronics, Inc.</name>
        <lei>529900I8U6Q5SYDNLT48</lei>
        <title>Applied Optoelectronics, Inc.</title>
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        <name>Horizon Bancorp, Inc.</name>
        <lei>549300U2OQ2EIT5MXG39</lei>
        <title>Horizon Bancorp, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Safe Bulkers, Inc.</name>
        <lei>549300V6ZM2HJJYQQO85</lei>
        <title>Safe Bulkers, Inc.</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ur-Energy, Inc.</name>
        <lei>5493004ZEMNWEC7T6X93</lei>
        <title>Ur-Energy, Inc.</title>
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          <isin value="CA91688R1082"/>
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        <balance>33162.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hub Group, Inc.</name>
        <lei>N/A</lei>
        <title>Hub Group, Inc., Class A</title>
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          <isin value="US4433201062"/>
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        <balance>527663.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kohl's Corp.</name>
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        <title>Kohl's Corp.</title>
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          <isin value="US5002551043"/>
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        <balance>966620.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Deluxe Corp.</name>
        <lei>KWGNKB8TX9LE5TV29231</lei>
        <title>Deluxe Corp.</title>
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          <isin value="US2480191012"/>
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        <balance>393345.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Peoples Financial Services Corp.</name>
        <lei>N/A</lei>
        <title>Peoples Financial Services Corp.</title>
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          <isin value="US7110401053"/>
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        <balance>74222.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Eagle Bancorp Montana, Inc.</name>
        <lei>549300P2SVRIY3YU1412</lei>
        <title>Eagle Bancorp Montana, Inc.</title>
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          <isin value="US26942G1004"/>
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        <balance>65615.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Beyond Meat, Inc.</name>
        <lei>549300XQ946NCE51DR09</lei>
        <title>Beyond Meat, Inc.</title>
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          <isin value="US08862E1091"/>
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        <balance>597831.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>REGENXBIO, Inc.</name>
        <lei>549300EOES47LATSET33</lei>
        <title>REGENXBIO, Inc.</title>
        <cusip>75901B107</cusip>
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          <isin value="US75901B1070"/>
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        <balance>415492.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Flagstar Financial, Inc.</name>
        <lei>529900HVXOTLY61GL030</lei>
        <title>Flagstar Financial, Inc.</title>
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          <isin value="US6494454001"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MainStreet Bancshares, Inc.</name>
        <lei>549300FHZZP7SP56TS88</lei>
        <title>MainStreet Bancshares, Inc.</title>
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          <isin value="US56064Y1001"/>
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        <balance>59089.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1116782.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Primis Financial Corp.</name>
        <lei>549300JNX3M2EENG1F11</lei>
        <title>Primis Financial Corp.</title>
        <cusip>74167B109</cusip>
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          <isin value="US74167B1098"/>
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        <balance>194289.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Virco Mfg. Corp.</name>
        <lei>N/A</lei>
        <title>Virco Mfg. Corp.</title>
        <cusip>927651109</cusip>
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          <isin value="US9276511097"/>
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        <balance>92164.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ameris Bancorp</name>
        <lei>PBJHNT51T5V6G5UQFV42</lei>
        <title>Ameris Bancorp</title>
        <cusip>03076K108</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kinetik Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Kinetik Holdings, Inc., Class A</title>
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        <balance>109918.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Eagle Bancorp, Inc.</name>
        <lei>549300B47NZODRMG3D47</lei>
        <title>Eagle Bancorp, Inc.</title>
        <cusip>268948106</cusip>
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        <balance>210830.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Septerna, Inc.</name>
        <lei>N/A</lei>
        <title>Septerna, Inc.</title>
        <cusip>81734D104</cusip>
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        <balance>189348.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Lucid Diagnostics, Inc.</name>
        <lei>N/A</lei>
        <title>Lucid Diagnostics, Inc.</title>
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          <isin value="US54948X1090"/>
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        <balance>349913.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Innovative Industrial Properties, Inc.</name>
        <lei>5493008BQ0545EZXRR30</lei>
        <title>Innovative Industrial Properties, Inc.</title>
        <cusip>45781V101</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Pacific Premier Bancorp, Inc.</name>
        <lei>549300Q1KIC3KLI0XG98</lei>
        <title>Pacific Premier Bancorp, Inc.</title>
        <cusip>69478X105</cusip>
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        <balance>851263.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Agenus, Inc.</name>
        <lei>529900NDQQGU5H4UJK81</lei>
        <title>Agenus, Inc.</title>
        <cusip>00847G804</cusip>
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        <balance>14754.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AMN Healthcare Services, Inc.</name>
        <lei>529900W3ARRTCNFH2I39</lei>
        <title>AMN Healthcare Services, Inc.</title>
        <cusip>001744101</cusip>
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        <balance>339531.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sabra Health Care REIT, Inc.</name>
        <lei>549300E3BC7GU7TAZ621</lei>
        <title>Sabra Health Care REIT, Inc.</title>
        <cusip>78573L106</cusip>
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          <isin value="US78573L1061"/>
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        <balance>2107566.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>38863517.04000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Northrim BanCorp, Inc.</name>
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        <name>Cannae Holdings, Inc.</name>
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        <name>Blade Air Mobility, Inc.</name>
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        <name>WSFS Financial Corp.</name>
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        <name>Tredegar Corp.</name>
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        <name>International Bancshares Corp.</name>
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        <name>Enviri Corp.</name>
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        <name>Tevogen Bio Holdings, Inc.</name>
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        <name>Cohen &amp; Steers, Inc.</name>
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        <name>Sally Beauty Holdings, Inc.</name>
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        <name>Encore Capital Group, Inc.</name>
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        <name>Zentalis Pharmaceuticals, Inc.</name>
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        <name>Acuren Corp.</name>
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        <name>Eastern Co. (The)</name>
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        <name>TXNM Energy, Inc.</name>
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        <name>World Kinect Corp.</name>
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        <name>Climb Bio, Inc.</name>
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        <name>RBB Bancorp</name>
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        <name>Orrstown Financial Services, Inc.</name>
        <lei>5493008IR3FINUFGVM95</lei>
        <title>Orrstown Financial Services, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Matthews International Corp.</name>
        <lei>549300ZVC5O0ATML6U61</lei>
        <title>Matthews International Corp., Class A</title>
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          <isin value="US5771281012"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sitio Royalties Corp.</name>
        <lei>N/A</lei>
        <title>Sitio Royalties Corp., Class A</title>
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          <isin value="US82983N1081"/>
          <other otherDesc="Inhouse Asset ID" value="SBMF9G856"/>
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        <balance>704040.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Waldencast plc</name>
        <lei>N/A</lei>
        <title>Waldencast plc, Class A</title>
        <cusip>N/A</cusip>
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          <isin value="JE00BPG99318"/>
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        <balance>375150.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="16415.00000000"/>
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      <invstOrSec>
        <name>A10 Networks, Inc.</name>
        <lei>549300UQD4IWUML81Q35</lei>
        <title>A10 Networks, Inc.</title>
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          <isin value="US0021211018"/>
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        <balance>98575.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MGP Ingredients, Inc.</name>
        <lei>2549006OMHFVZ4MS8538</lei>
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          <isin value="US55303J1060"/>
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        <balance>124825.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Independence Realty Trust, Inc.</name>
        <lei>549300Z3L8NU44NQEB29</lei>
        <title>Independence Realty Trust, Inc.</title>
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          <isin value="US45378A1060"/>
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        <balance>2061420.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>First Financial Corp.</name>
        <lei>N/A</lei>
        <title>First Financial Corp.</title>
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          <isin value="US3202181000"/>
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        <balance>88350.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ACNB Corp.</name>
        <lei>N/A</lei>
        <title>ACNB Corp.</title>
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          <isin value="US0008681092"/>
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        <balance>91174.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>3905894.16000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Turning Point Brands, Inc.</name>
        <lei>549300IYG00QF0VVP302</lei>
        <title>Turning Point Brands, Inc.</title>
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          <isin value="US90041L1052"/>
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        <balance>17149.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1299379.73000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BRT Apartments Corp.</name>
        <lei>N/A</lei>
        <title>BRT Apartments Corp.</title>
        <cusip>055645303</cusip>
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          <isin value="US0556453035"/>
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        <balance>103273.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Barnes &amp; Noble Education, Inc.</name>
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        <title>Barnes &amp; Noble Education, Inc.</title>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Rush Enterprises, Inc.</name>
        <lei>529900V3XHTN7A6DFT17</lei>
        <title>Rush Enterprises, Inc., Class B</title>
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          <isin value="US7818463082"/>
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        <balance>37385.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Banner Corp.</name>
        <lei>N/A</lei>
        <title>Banner Corp.</title>
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          <isin value="US06652V2088"/>
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        <balance>301028.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>United Security Bancshares</name>
        <lei>549300J2H2JYVXXP3J32</lei>
        <title>United Security Bancshares</title>
        <cusip>911460103</cusip>
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          <isin value="US9114601035"/>
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        <balance>119257.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>John Wiley &amp; Sons, Inc.</name>
        <lei>5493003XM719UN7E8P64</lei>
        <title>John Wiley &amp; Sons, Inc., Class A</title>
        <cusip>968223206</cusip>
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          <isin value="US9682232064"/>
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        <balance>21258.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>DHT Holdings, Inc.</name>
        <lei>549300SMD6IVZYT74K40</lei>
        <title>DHT Holdings, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>MH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Origin Bancorp, Inc.</name>
        <lei>54930055DO2Z4KO3NB45</lei>
        <title>Origin Bancorp, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Eagle Financial Services, Inc.</name>
        <lei>N/A</lei>
        <title>Eagle Financial Services, Inc.</title>
        <cusip>26951R104</cusip>
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        <balance>38625.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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        <name>NMI Holdings, Inc.</name>
        <lei>529900KNNGFXJX1C3Z08</lei>
        <title>NMI Holdings, Inc., Class A</title>
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        <invCountry>US</invCountry>
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        <name>TPI Composites, Inc.</name>
        <lei>549300TI9H56OIY0QE39</lei>
        <title>TPI Composites, Inc.</title>
        <cusip>87266J104</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>RE/MAX Holdings, Inc.</name>
        <lei>54930033W2KS56JHAN30</lei>
        <title>RE/MAX Holdings, Inc., Class A</title>
        <cusip>75524W108</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Consolidated Water Co. Ltd.</name>
        <lei>5299001BMEW8X9VIJA73</lei>
        <title>Consolidated Water Co. Ltd.</title>
        <cusip>N/A</cusip>
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        <balance>98507.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Avidity Biosciences, Inc.</name>
        <lei>N/A</lei>
        <title>Avidity Biosciences, Inc.</title>
        <cusip>05370A108</cusip>
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      <invstOrSec>
        <name>Sturm Ruger &amp; Co., Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Diversified Energy Co. plc</name>
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        <assetCat>EC</assetCat>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>FLEX LNG Ltd.</name>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Asure Software, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Greenbrier Cos., Inc. (The)</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Myers Industries, Inc.</name>
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      <invstOrSec>
        <name>Itron, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Postal Realty Trust, Inc.</name>
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        <invCountry>US</invCountry>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Arrow Financial Corp.</name>
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        <title>Arrow Financial Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Ziff Davis, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Motorcar Parts of America, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>CONMED Corp.</name>
        <lei>Z6C0YCECH9DCU5ZIQW84</lei>
        <title>CONMED Corp.</title>
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        <name>Tourmaline Bio, Inc.</name>
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        <name>Commercial Metals Co.</name>
        <lei>549300OQS2LO07ZJ7N73</lei>
        <title>Commercial Metals Co.</title>
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        <invCountry>US</invCountry>
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        <name>NexPoint Diversified Real Estate Trust</name>
        <lei>5493008KGR2NU3OXMR64</lei>
        <title>NexPoint Diversified Real Estate Trust</title>
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          <isin value="US65340G2057"/>
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        <balance>312186.00000000</balance>
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        <invCountry>US</invCountry>
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        <name>SL Green Realty Corp.</name>
        <lei>549300VQZPJU97H3GT17</lei>
        <title>SL Green Realty Corp.</title>
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        <name>Inozyme Pharma, Inc.</name>
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        <title>Inozyme Pharma, Inc.</title>
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        <name>Contra Chinook Therape</name>
        <lei>N/A</lei>
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        <name>Costamare Bulkers Holdings Ltd.</name>
        <lei>529900XOR3ESNE5WKB78</lei>
        <title>Costamare Bulkers Holdings Ltd.</title>
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        <invCountry>MH</invCountry>

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        <name>Eastman Kodak Co.</name>
        <lei>549300P7J8F3SSMY3E81</lei>
        <title>Eastman Kodak Co.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DigitalBridge Group, Inc.</name>
        <lei>549300XG87L902AGBO89</lei>
        <title>DigitalBridge Group, Inc., Class A</title>
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          <isin value="US25401T6038"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Community Trust Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>Community Trust Bancorp, Inc.</title>
        <cusip>204149108</cusip>
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        <balance>141480.00000000</balance>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ameresco, Inc.</name>
        <lei>529900NZXZGBCBXYY327</lei>
        <title>Ameresco, Inc., Class A</title>
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      <invstOrSec>
        <name>First United Corp.</name>
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      <invstOrSec>
        <name>Gevo, Inc.</name>
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      <invstOrSec>
        <name>FS Bancorp, Inc.</name>
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        <name>Artiva Biotherapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>M/I Homes, Inc.</name>
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        <name>C&amp;F Financial Corp.</name>
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        <name>Lifecore Biomedical, Inc.</name>
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        <name>Old Point Financial Corp.</name>
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        <name>Frontier Group Holdings, Inc.</name>
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        <name>Amphastar Pharmaceuticals, Inc.</name>
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        <name>RMR Group, Inc. (The)</name>
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        <name>Adverum Biotechnologies, Inc.</name>
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        <name>Compass Diversified Holdings</name>
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        <name>GRAIL, Inc.</name>
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        <name>Fox Factory Holding Corp.</name>
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        <name>Tejon Ranch Co.</name>
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        <title>Tejon Ranch Co.</title>
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        <name>Nabors Industries Ltd.</name>
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        <name>Integra LifeSciences Holdings Corp.</name>
        <lei>WB7IJCYY8YFTENS4O147</lei>
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        <name>NexPoint Residential Trust, Inc.</name>
        <lei>549300U2J6XVYBF87166</lei>
        <title>NexPoint Residential Trust, Inc.</title>
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        <name>Asbury Automotive Group, Inc.</name>
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        <name>CTO Realty Growth, Inc.</name>
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        <name>Primoris Services Corp.</name>
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        <name>Porch Group, Inc.</name>
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        <name>CBL &amp; Associates Properties, Inc.</name>
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        <name>GrafTech International Ltd.</name>
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        <name>LSI Industries, Inc.</name>
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        <name>National Presto Industries, Inc.</name>
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        <name>First Foundation, Inc.</name>
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        <name>Helios Technologies, Inc.</name>
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        <name>Beazer Homes USA, Inc.</name>
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        <name>Stratus Properties, Inc.</name>
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        <name>Vir Biotechnology, Inc.</name>
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        <name>Prime Medicine, Inc.</name>
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        </securityLending>
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        <name>Third Harmonic Bio, Inc.</name>
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        <name>California Resources Corp.</name>
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        <name>Artivion, Inc.</name>
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      <invstOrSec>
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      <invstOrSec>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>American Outdoor Brands, Inc.</name>
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      <invstOrSec>
        <name>Corsair Gaming, Inc.</name>
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      <invstOrSec>
        <name>Maravai LifeSciences Holdings, Inc.</name>
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      <invstOrSec>
        <name>Brandywine Realty Trust</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Claros Mortgage Trust, Inc.</name>
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        <name>Intellia Therapeutics, Inc.</name>
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      <invstOrSec>
        <name>AdaptHealth Corp.</name>
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      <invstOrSec>
        <name>STAAR Surgical Co.</name>
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        <name>Supernus Pharmaceuticals, Inc.</name>
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        <name>Arbor Realty Trust, Inc.</name>
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        <name>Cushman &amp; Wakefield plc</name>
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        <name>Star Holdings</name>
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        <name>German American Bancorp, Inc.</name>
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        <name>Sila Realty Trust, Inc.</name>
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        <name>Newsmax, Inc.</name>
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        <name>Hooker Furnishings Corp.</name>
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        <name>ProKidney Corp.</name>
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        <name>Himalaya Shipping Ltd.</name>
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        <name>Altice USA, Inc.</name>
        <lei>54930064K3612MGCER95</lei>
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        </securityLending>
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        <name>Acumen Pharmaceuticals, Inc.</name>
        <lei>N/A</lei>
        <title>Acumen Pharmaceuticals, Inc.</title>
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        <name>B&amp;G Foods, Inc.</name>
        <lei>549300TRW1LZMDJZAQ78</lei>
        <title>B&amp;G Foods, Inc.</title>
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      <invstOrSec>
        <name>Kearny Financial Corp.</name>
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      <invstOrSec>
        <name>Security National Financial Corp.</name>
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        <name>Zenas Biopharma, Inc.</name>
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        <name>HomeTrust Bancshares, Inc.</name>
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      <invstOrSec>
        <name>Marten Transport Ltd.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Spire, Inc.</name>
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          <isin value="US84857L1017"/>
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        <name>Orion SA</name>
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        <name>Mersana Therapeutics, Inc.</name>
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        <name>SFL Corp. Ltd.</name>
        <lei>549300RLYYPSB0C7RH77</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>Diodes, Inc.</name>
        <lei>549300XP2X1ARVH3BX23</lei>
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        <name>Ardent Health, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Precigen, Inc.</name>
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        <name>EyePoint Pharmaceuticals, Inc.</name>
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        <name>Sonic Automotive, Inc.</name>
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        <name>HB Fuller Co.</name>
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        <title>HB Fuller Co.</title>
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        <name>Stereotaxis, Inc.</name>
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        <name>FutureFuel Corp.</name>
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        <name>Digi International, Inc.</name>
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        <name>Safehold, Inc.</name>
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        <title>Safehold, Inc.</title>
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      <invstOrSec>
        <name>ODP Corp. (The)</name>
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        <title>ODP Corp. (The)</title>
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      <invstOrSec>
        <name>Papa John's International, Inc.</name>
        <lei>HZYLD3DK5XOX0WBVNB56</lei>
        <title>Papa John's International, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Citi Trends, Inc.</name>
        <lei>529900D06Q0FPHV34S87</lei>
        <title>Citi Trends, Inc.</title>
        <cusip>17306X102</cusip>
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        <name>Tompkins Financial Corp.</name>
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        <name>Faraday Future Intelligent Electric, Inc.</name>
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        <name>EchoStar Corp.</name>
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        <name>Cerence, Inc.</name>
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        <name>Farmers National Banc Corp.</name>
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        <name>ImmunityBio, Inc.</name>
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        <name>Hingham Institution for Savings (The)</name>
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        <name>Digital Turbine, Inc.</name>
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        <name>ChampionX Corp.</name>
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        <name>PBF Energy, Inc.</name>
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        <name>Webtoon Entertainment, Inc.</name>
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        <name>Virginia National Bankshares Corp.</name>
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        <title>Virginia National Bankshares Corp.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Travere Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Travere Therapeutics, Inc.</title>
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          <isin value="US89422G1076"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mobile Infrastructure Corp.</name>
        <lei>549300CJ7SPBG4EYTO19</lei>
        <title>Mobile Infrastructure Corp.</title>
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          <isin value="US60739N1019"/>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ABM Industries, Inc.</name>
        <lei>QF02R89VEIOROM77J447</lei>
        <title>ABM Industries, Inc.</title>
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          <isin value="US0009571003"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TScan Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>TScan Therapeutics, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>I3 Verticals, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Dream Finders Homes, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Verastem, Inc.</name>
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          <isin value="US92337C2035"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Peapack-Gladstone Financial Corp.</name>
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        <title>Peapack-Gladstone Financial Corp.</title>
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          <isin value="US7046991078"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Verint Systems, Inc.</name>
        <lei>549300KEQJS5FRVUCO94</lei>
        <title>Verint Systems, Inc.</title>
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          <isin value="US92343X1000"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Starz Entertainment Corp.</name>
        <lei>5493000JSMHPHZURLM72</lei>
        <title>Starz Entertainment Corp.</title>
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          <isin value="CA8559191066"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Provident Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>Provident Bancorp, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>ProPetro Holding Corp.</name>
        <lei>N/A</lei>
        <title>ProPetro Holding Corp.</title>
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        <balance>709726.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cricut, Inc.</name>
        <lei>254900R3DKAJ28MC0Q39</lei>
        <title>Cricut, Inc., Class A</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Terawulf, Inc.</name>
        <lei>254900CVMW1SX2T78A64</lei>
        <title>Terawulf, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Abeona Therapeutics, Inc.</name>
        <lei>54930002Z8PIJRCB4576</lei>
        <title>Abeona Therapeutics, Inc.</title>
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        <name>PROG Holdings, Inc.</name>
        <lei>549300DHYTLBOVRXIG52</lei>
        <title>PROG Holdings, Inc.</title>
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        <name>Rezolute, Inc.</name>
        <lei>549300T05L48T72P2G08</lei>
        <title>Rezolute, Inc.</title>
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        <name>Service Properties Trust</name>
        <lei>529900IS770AG1K9QG27</lei>
        <title>Service Properties Trust</title>
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        <name>i-80 Gold Corp.</name>
        <lei>549300LFFIWIGUEXPK11</lei>
        <title>i-80 Gold Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Red River Bancshares, Inc.</name>
        <lei>549300SO63STZV7UHM15</lei>
        <title>Red River Bancshares, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>Pure Cycle Corp.</name>
        <lei>N/A</lei>
        <title>Pure Cycle Corp.</title>
        <cusip>746228303</cusip>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Kennedy-Wilson Holdings, Inc.</name>
        <lei>549300MOI1T78144X610</lei>
        <title>Kennedy-Wilson Holdings, Inc.</title>
        <cusip>489398107</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Braemar Hotels &amp; Resorts, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>PACS Group, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US69380Q1076"/>
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        <balance>26911.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Adeia, Inc.</name>
        <lei>N/A</lei>
        <title>Adeia, Inc.</title>
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          <isin value="US00676P1075"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>indie Semiconductor, Inc.</name>
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        <title>indie Semiconductor, Inc., Class A</title>
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          <isin value="US45569U1016"/>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Epsilon Energy Ltd.</name>
        <lei>N/A</lei>
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          <isin value="CA2943752097"/>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Diebold Nixdorf, Inc.</name>
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          <isin value="US2536512021"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Modiv Industrial, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Metsera, Inc.</name>
        <lei>N/A</lei>
        <title>Metsera, Inc.</title>
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          <isin value="US59267L1070"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Terreno Realty Corp.</name>
        <lei>N/A</lei>
        <title>Terreno Realty Corp.</title>
        <cusip>88146M101</cusip>
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          <isin value="US88146M1018"/>
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        <balance>906605.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Legacy Housing Corp.</name>
        <lei>N/A</lei>
        <title>Legacy Housing Corp.</title>
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          <isin value="US52472M1018"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Washington Trust Bancorp, Inc.</name>
        <lei>J66MZFCNJPP3PERHZW54</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Shyft Group, Inc. (The)</name>
        <lei>549300YY0TB51BGRV994</lei>
        <title>Shyft Group, Inc. (The)</title>
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          <isin value="US8256981031"/>
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        <balance>278142.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Quad/Graphics, Inc.</name>
        <lei>W2D68G5NJH4X0NW8PT65</lei>
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        <name>Kite Realty Group Trust</name>
        <lei>N/A</lei>
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        <name>Preferred Bank</name>
        <lei>5493007K6HGI9G0ECX16</lei>
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        <name>Vivid Seats, Inc.</name>
        <lei>N/A</lei>
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        <name>Univest Financial Corp.</name>
        <lei>4WII2HCR8UEWNU03U507</lei>
        <title>Univest Financial Corp.</title>
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        <name>Distribution Solutions Group, Inc.</name>
        <lei>N/A</lei>
        <title>Distribution Solutions Group, Inc.</title>
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        <name>Ecovyst, Inc.</name>
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        <title>Ecovyst, Inc.</title>
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        <name>First Community Bankshares, Inc.</name>
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        <name>TriSalus Life Sciences, Inc.</name>
        <lei>N/A</lei>
        <title>TriSalus Life Sciences, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>OFG Bancorp</name>
        <lei>549300Q4QEXJ37LEXQ06</lei>
        <title>OFG Bancorp</title>
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        <assetCat>EC</assetCat>
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        <invCountry>PR</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Cass Information Systems, Inc.</name>
        <lei>549300G7XPIPR7SJ2F38</lei>
        <title>Cass Information Systems, Inc.</title>
        <cusip>14808P109</cusip>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hamilton Insurance Group Ltd.</name>
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        <invCountry>BM</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Rocket Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Larimar Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Quipt Home Medical Corp.</name>
        <lei>N/A</lei>
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          <isin value="CA74880P1045"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Macerich Co. (The)</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Peoples Bancorp of North Carolina, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>City Holding Co.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Edgewell Personal Care Co.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Paramount Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BankFinancial Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>PC Connection, Inc.</name>
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        <title>PC Connection, Inc.</title>
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        <name>PCB Bancorp</name>
        <lei>549300E5CI0LZ8Q25890</lei>
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        <name>Forestar Group, Inc.</name>
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        <name>nLight, Inc.</name>
        <lei>N/A</lei>
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        <name>O-I Glass, Inc.</name>
        <lei>N/A</lei>
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        <name>Matson, Inc.</name>
        <lei>549300OI5H3Y0I9I4I12</lei>
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        <name>Bel Fuse, Inc.</name>
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        <name>Kronos Worldwide, Inc.</name>
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        <name>Escalade, Inc.</name>
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        <name>Benchmark Electronics, Inc.</name>
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        <title>Benchmark Electronics, Inc.</title>
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        <name>National CineMedia, Inc.</name>
        <lei>5493000MOLIVSOGKEB48</lei>
        <title>National CineMedia, Inc.</title>
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        <name>Logistic Properties of The Americas</name>
        <lei>N/A</lei>
        <title>Logistic Properties of The Americas</title>
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        <invCountry>KY</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Upbound Group, Inc.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>C4 Therapeutics, Inc.</name>
        <lei>N/A</lei>
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          <isin value="US12529R1077"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bank of Hawaii Corp.</name>
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        <title>Bank of Hawaii Corp.</title>
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          <isin value="US0625401098"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Nordic American Tankers Ltd.</name>
        <lei>213800W4T8AMPKIPIU94</lei>
        <title>Nordic American Tankers Ltd.</title>
        <cusip>N/A</cusip>
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          <isin value="BMG657731060"/>
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        <balance>1784954.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Redfin Corp.</name>
        <lei>549300HXWD3JEMZU3O57</lei>
        <title>Redfin Corp.</title>
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          <isin value="US75737F1084"/>
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        <balance>1096830.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>CoreCivic, Inc.</name>
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          <isin value="US21871N1019"/>
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        <balance>808289.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>AMC Entertainment Holdings, Inc.</name>
        <lei>549300ZO77UNR6NRBR11</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Selective Insurance Group, Inc.</name>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BigBear.ai Holdings, Inc.</name>
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        <title>BigBear.ai Holdings, Inc.</title>
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          <isin value="US08975B1098"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Otter Tail Corp.</name>
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        <title>Otter Tail Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>BlueLinx Holdings, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Weyco Group, Inc.</name>
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        <title>Weyco Group, Inc.</title>
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        <balance>54604.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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        <name>NeoGenomics, Inc.</name>
        <lei>N/A</lei>
        <title>NeoGenomics, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Perma-Fix Environmental Services, Inc.</name>
        <lei>54930015OVD1T5P12U15</lei>
        <title>Perma-Fix Environmental Services, Inc.</title>
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        <name>Lument Finance Trust, Inc.</name>
        <lei>5493002OB7SJ4MVQY666</lei>
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        <name>Geospace Technologies Corp.</name>
        <lei>N/A</lei>
        <title>Geospace Technologies Corp.</title>
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        <name>T1 Energy, Inc.</name>
        <lei>529900H0645VFXNMJ693</lei>
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        <name>Candel Therapeutics, Inc.</name>
        <lei>N/A</lei>
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        <name>Consumer Portfolio Services, Inc.</name>
        <lei>N/A</lei>
        <title>Consumer Portfolio Services, Inc.</title>
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        <name>Cimpress plc</name>
        <lei>549300X1IFD75XISOR81</lei>
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        <invCountry>IE</invCountry>
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        <name>Bank of NT Butterfield &amp; Son Ltd. (The)</name>
        <lei>549300V8RVM0EMTDPF28</lei>
        <title>Bank of NT Butterfield &amp; Son Ltd. (The)</title>
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        <invCountry>BM</invCountry>
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        <name>Empire State Realty Trust, Inc.</name>
        <lei>549300VOKY1DUEQSB456</lei>
        <title>Empire State Realty Trust, Inc., Class A</title>
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        <name>New York Mortgage Trust, Inc.</name>
        <lei>549300JFGR0M7ULHWG48</lei>
        <title>New York Mortgage Trust, Inc.</title>
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        <name>Clarus Corp.</name>
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        <name>Select Medical Holdings Corp.</name>
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        <name>Knowles Corp.</name>
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        <name>Federal Agricultural Mortgage Corp.</name>
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        <name>MBIA, Inc.</name>
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        <name>Enterprise Financial Services Corp.</name>
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        <name>SSR Mining, Inc.</name>
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        <name>Chatham Lodging Trust</name>
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        <name>Navigator Holdings Ltd.</name>
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        <name>Albany International Corp.</name>
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      <invstOrSec>
        <name>TriMas Corp.</name>
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        <name>Cipher Mining, Inc.</name>
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        <name>ScanSource, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>First Mid Bancshares, Inc.</name>
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        <name>NB Bancorp, Inc.</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AMC Networks, Inc.</name>
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          <isin value="US00164V1035"/>
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        <fairValLevel>1</fairValLevel>
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        <name>NetScout Systems, Inc.</name>
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        <name>SIGA Technologies, Inc.</name>
        <lei>N/A</lei>
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        <invCountry>US</invCountry>
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        <name>Ardmore Shipping Corp.</name>
        <lei>549300J8HD7K6BHD8O28</lei>
        <title>Ardmore Shipping Corp.</title>
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        <name>American Assets Trust, Inc.</name>
        <lei>N/A</lei>
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        <name>ESSA Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>ESSA Bancorp, Inc.</title>
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        <name>Oportun Financial Corp.</name>
        <lei>549300351Y4J4FKIOR78</lei>
        <title>Oportun Financial Corp.</title>
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        <name>Evolent Health, Inc.</name>
        <lei>549300CZOCFHQ2BBTR11</lei>
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        <name>Penguin Solutions, Inc.</name>
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        <name>Golden Entertainment, Inc.</name>
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        <title>Golden Entertainment, Inc.</title>
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        <invCountry>US</invCountry>
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        <name>Intuitive Machines, Inc.</name>
        <lei>N/A</lei>
        <title>Intuitive Machines, Inc., Class A</title>
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        <name>Beta Bionics, Inc.</name>
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        <title>Beta Bionics, Inc.</title>
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        <name>Stellar Bancorp, Inc.</name>
        <lei>54930070P8Z0WHFBB536</lei>
        <title>Stellar Bancorp, Inc.</title>
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      <invstOrSec>
        <name>1-800-Flowers.com, Inc.</name>
        <lei>N/A</lei>
        <title>1-800-Flowers.com, Inc., Class A</title>
        <cusip>68243Q106</cusip>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Bassett Furniture Industries, Inc.</name>
        <lei>N/A</lei>
        <title>Bassett Furniture Industries, Inc.</title>
        <cusip>070203104</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Lakeland Financial Corp.</name>
        <lei>N/A</lei>
        <title>Lakeland Financial Corp.</title>
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        <name>Stitch Fix, Inc.</name>
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        <name>Traeger, Inc.</name>
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        <name>Kulicke &amp; Soffa Industries, Inc.</name>
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        <name>Inseego Corp.</name>
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        <name>Serve Robotics, Inc.</name>
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        <name>AlTi Global, Inc.</name>
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        <name>Stepan Co.</name>
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        <name>Prelude Therapeutics, Inc.</name>
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        <name>Rackspace Technology, Inc.</name>
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        <title>Rackspace Technology, Inc.</title>
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        <name>Alico, Inc.</name>
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      <invstOrSec>
        <name>Nathan's Famous, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Nektar Therapeutics</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Harmonic, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sezzle, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>BlackRock Funds III</name>
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        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Oceaneering International, Inc.</name>
        <lei>549300L6PH74701W0R30</lei>
        <title>Oceaneering International, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Monte Rosa Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Monte Rosa Therapeutics, Inc.</title>
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          <isin value="US61225M1027"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Getty Realty Corp.</name>
        <lei>2549000P1W5SFJWCNP90</lei>
        <title>Getty Realty Corp.</title>
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          <isin value="US3742971092"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Douglas Emmett, Inc.</name>
        <lei>N/A</lei>
        <title>Douglas Emmett, Inc.</title>
        <cusip>25960P109</cusip>
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          <isin value="US25960P1093"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>JBG SMITH Properties</name>
        <lei>N/A</lei>
        <title>JBG SMITH Properties</title>
        <cusip>46590V100</cusip>
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          <isin value="US46590V1008"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Granite Construction, Inc.</name>
        <lei>549300OM4BWMCIXVCZ39</lei>
        <title>Granite Construction, Inc.</title>
        <cusip>387328107</cusip>
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          <isin value="US3873281071"/>
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        <balance>53835.00000000</balance>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Innoviva, Inc.</name>
        <lei>549300ACOX4QTBES6535</lei>
        <title>Innoviva, Inc.</title>
        <cusip>45781M101</cusip>
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          <isin value="US45781M1018"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Personalis, Inc.</name>
        <lei>549300EZ2NYFK7H0US48</lei>
        <title>Personalis, Inc.</title>
        <cusip>71535D106</cusip>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Silvercrest Asset Management Group, Inc.</name>
        <lei>N/A</lei>
        <title>Silvercrest Asset Management Group, Inc., Class A</title>
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          <isin value="US8283591092"/>
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        <name>NETGEAR, Inc.</name>
        <lei>54930067KX3UNRHDWA78</lei>
        <title>NETGEAR, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Dime Community Bancshares, Inc.</name>
        <lei>N/A</lei>
        <title>Dime Community Bancshares, Inc.</title>
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          <isin value="US25432X1028"/>
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        <name>United Fire Group, Inc.</name>
        <lei>N/A</lei>
        <title>United Fire Group, Inc.</title>
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        <name>Core Molding Technologies, Inc.</name>
        <lei>549300ZY2MFRXCKVIJ28</lei>
        <title>Core Molding Technologies, Inc.</title>
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        <name>Relay Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Relay Therapeutics, Inc.</title>
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        <name>Armada Hoffler Properties, Inc.</name>
        <lei>549300WQRSIV6XZT9313</lei>
        <title>Armada Hoffler Properties, Inc.</title>
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        <name>Peoples Bancorp, Inc.</name>
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      <invstOrSec>
        <name>AirJoule Technologies Corp.</name>
        <lei>N/A</lei>
        <title>AirJoule Technologies Corp.</title>
        <cusip>612160101</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
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      <invstOrSec>
        <name>Village Super Market, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Blackbaud, Inc.</name>
        <lei>54930056X3HKFMNG3754</lei>
        <title>Blackbaud, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Fulcrum Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>S&amp;T Bancorp, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>GCM Grosvenor, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Perdoceo Education Corp.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Central Pacific Financial Corp.</name>
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          <isin value="US1547604090"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Peakstone Realty Trust</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mind Medicine MindMed, Inc.</name>
        <lei>549300QY8KN1O6RPFJ13</lei>
        <title>Mind Medicine MindMed, Inc.</title>
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          <isin value="CA60255C8850"/>
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        <balance>458874.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>CA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Tonix Pharmaceuticals Holding Corp.</name>
        <lei>529900ACPKP9QW20GX48</lei>
        <title>Tonix Pharmaceuticals Holding Corp.</title>
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          <isin value="US8902608392"/>
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        <balance>50329.00000000</balance>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mr Cooper Group, Inc.</name>
        <lei>549300KD8C6DPXYC2M26</lei>
        <title>Mr Cooper Group, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>BCB Bancorp, Inc.</name>
        <lei>54930024V6Z8FYSN4291</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Cartesian Therapeutics, Inc.</name>
        <lei>529900NMN0LACZOL7C43</lei>
        <title>Cartesian Therapeutics, Inc.</title>
        <cusip>816212302</cusip>
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        <fairValLevel>1</fairValLevel>
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        <name>Tectonic Therapeutic, Inc.</name>
        <lei>N/A</lei>
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        <name>Aemetis, Inc.</name>
        <lei>254900DQF4U5U9W7AR72</lei>
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        <name>Alta Equipment Group, Inc.</name>
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        <name>Chegg, Inc.</name>
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        <title>Chegg, Inc.</title>
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        <name>HF Foods Group, Inc.</name>
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        <name>Methode Electronics, Inc.</name>
        <lei>529900VM413LGLUS3F07</lei>
        <title>Methode Electronics, Inc.</title>
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        <name>Broadstone Net Lease, Inc.</name>
        <lei>549300U8D7PT70B49V21</lei>
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        <name>Southwest Gas Holdings, Inc.</name>
        <lei>254900LKF9EV0CUKNE09</lei>
        <title>Southwest Gas Holdings, Inc.</title>
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      <invstOrSec>
        <name>Summit Hotel Properties, Inc.</name>
        <lei>254900OBQWJK6X20LS71</lei>
        <title>Summit Hotel Properties, Inc.</title>
        <cusip>866082100</cusip>
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        <invCountry>US</invCountry>
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        <name>Veris Residential, Inc.</name>
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      <invstOrSec>
        <name>Sylvamo Corp.</name>
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        <name>Blink Charging Co.</name>
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        <name>Pyxis Oncology, Inc.</name>
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        <name>XOMA Royalty Corp.</name>
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        <name>Spirit Aviation Holdings, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Helmerich &amp; Payne, Inc.</name>
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        <name>CAMP4 Therapeutics Corp.</name>
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        <name>CTS Corp.</name>
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        <name>PrimeEnergy Resources Corp.</name>
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        <name>EnerSys</name>
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        </securityLending>
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        <name>Sana Biotechnology, Inc.</name>
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        <title>Sana Biotechnology, Inc.</title>
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        <name>Complete Solaria, Inc.</name>
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        <name>Energy Vault Holdings, Inc.</name>
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        <name>iTeos Therapeutics, Inc.</name>
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        <name>TPG RE Finance Trust, Inc.</name>
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        <name>Plumas Bancorp</name>
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        <name>Everspin Technologies, Inc.</name>
        <lei>549300MNDRV7X6PEDF15</lei>
        <title>Everspin Technologies, Inc.</title>
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        <name>Bumble, Inc.</name>
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        <title>Bumble, Inc., Class A</title>
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        <name>Aldeyra Therapeutics, Inc.</name>
        <lei>529900HGKY864E4Y9014</lei>
        <title>Aldeyra Therapeutics, Inc.</title>
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        <name>Heartland Express, Inc.</name>
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      <invstOrSec>
        <name>Opendoor Technologies, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Citizens Community Bancorp, Inc.</name>
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        <name>Puma Biotechnology, Inc.</name>
        <lei>N/A</lei>
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        <name>Hudson Pacific Properties, Inc.</name>
        <lei>N/A</lei>
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        <name>BARK, Inc.</name>
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        <name>First Interstate BancSystem, Inc.</name>
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        <name>Veeco Instruments, Inc.</name>
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        <name>Park Aerospace Corp.</name>
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        <name>Central Garden &amp; Pet Co.</name>
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        <name>First Financial Bancorp</name>
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      <invstOrSec>
        <name>Omeros Corp.</name>
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        <name>Encore Energy Corp.</name>
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        <name>New Fortress Energy, Inc.</name>
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      <invstOrSec>
        <name>CVB Financial Corp.</name>
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        <name>Blue Foundry Bancorp</name>
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        <name>DNOW, Inc.</name>
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        <name>Torrid Holdings, Inc.</name>
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        <title>Torrid Holdings, Inc.</title>
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        <name>Gaia, Inc.</name>
        <lei>529900QUX8SBA2D93M92</lei>
        <title>Gaia, Inc., Class A</title>
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        <name>Nautilus Biotechnology, Inc.</name>
        <lei>N/A</lei>
        <title>Nautilus Biotechnology, Inc.</title>
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        <name>Bit Digital, Inc.</name>
        <lei>N/A</lei>
        <title>Bit Digital, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Kennametal, Inc.</name>
        <lei>549300GZDSG25XUV0Y08</lei>
        <title>Kennametal, Inc.</title>
        <cusip>489170100</cusip>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sierra Bancorp</name>
        <lei>N/A</lei>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Alamo Group, Inc.</name>
        <lei>54930080C93RVZRSDV26</lei>
        <title>Alamo Group, Inc.</title>
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          <isin value="US0113111076"/>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ASGN, Inc.</name>
        <lei>LZBNYYCBUKY537072438</lei>
        <title>ASGN, Inc.</title>
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          <isin value="US00191U1025"/>
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        <balance>379295.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Anika Therapeutics, Inc.</name>
        <lei>529900R9LS3Z0O6QH455</lei>
        <title>Anika Therapeutics, Inc.</title>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Bread Financial Holdings, Inc.</name>
        <lei>549300G8S4PO686J7H97</lei>
        <title>Bread Financial Holdings, Inc.</title>
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          <isin value="US0185811082"/>
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        <balance>383728.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>JAKKS Pacific, Inc.</name>
        <lei>549300UEF3348JRXQ295</lei>
        <title>JAKKS Pacific, Inc.</title>
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          <isin value="US47012E4035"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>BrightSpire Capital, Inc.</name>
        <lei>549300BOIFLLMVU37752</lei>
        <title>BrightSpire Capital, Inc., Class A</title>
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          <isin value="US10949T1097"/>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Caleres, Inc.</name>
        <lei>JFU6RQQJ8Z1CPOLBXQ18</lei>
        <title>Caleres, Inc.</title>
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          <isin value="US1295001044"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Alpha Metallurgical Resources, Inc.</name>
        <lei>N/A</lei>
        <title>Alpha Metallurgical Resources, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Genie Energy Ltd.</name>
        <lei>52990057E36X8869GX58</lei>
        <title>Genie Energy Ltd., Class B</title>
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          <isin value="US3722842081"/>
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        <balance>169681.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Pitney Bowes, Inc.</name>
        <lei>549300N2O26NW4ST6W55</lei>
        <title>Pitney Bowes, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Denali Therapeutics, Inc.</name>
        <lei>549300ZTQ2HO18L3Q830</lei>
        <title>Denali Therapeutics, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>AMERISAFE, Inc.</name>
        <lei>2549002B4EXPBLGMNN22</lei>
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      <invstOrSec>
        <name>Kontoor Brands, Inc.</name>
        <lei>549300M0CPXV65RFF271</lei>
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        <name>American Healthcare REIT, Inc.</name>
        <lei>2549004GGE2APGNT6O92</lei>
        <title>American Healthcare REIT, Inc.</title>
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      <invstOrSec>
        <name>Phillips Edison &amp; Co., Inc.</name>
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        <name>Simmons First National Corp.</name>
        <lei>549300IVR5AJKUVOGN05</lei>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Patterson-UTI Energy, Inc.</name>
        <lei>254900XGFBKIXD6G0697</lei>
        <title>Patterson-UTI Energy, Inc.</title>
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        <name>G-III Apparel Group Ltd.</name>
        <lei>529900O5KABM3R3SFM87</lei>
        <title>G-III Apparel Group Ltd.</title>
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        <name>Unity Bancorp, Inc.</name>
        <lei>549300Q90ZRNUR65PL93</lei>
        <title>Unity Bancorp, Inc.</title>
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        <name>Hippo Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Hippo Holdings, Inc.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hecla Mining Co.</name>
        <lei>5493009Y6HOBZD1QD537</lei>
        <title>Hecla Mining Co.</title>
        <cusip>422704106</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Telomir Pharmaceuticals, Inc.</name>
        <lei>N/A</lei>
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        <name>Teekay Corp. Ltd.</name>
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      <invstOrSec>
        <name>Green Dot Corp.</name>
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        <name>Tutor Perini Corp.</name>
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        <name>Piedmont Lithium, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Siebert Financial Corp.</name>
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        <name>Vimeo, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Arbutus Biopharma Corp.</name>
        <lei>25490064CESONAUIAS23</lei>
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        <invCountry>CA</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>Donnelley Financial Solutions, Inc.</name>
        <lei>549300O1NPY4J56QCU04</lei>
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        <name>Worthington Steel, Inc.</name>
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        <name>Nkarta, Inc.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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        <name>OneWater Marine, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Lovesac Co. (The)</name>
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        <name>Voyager Therapeutics, Inc.</name>
        <lei>54930082S4XVR0ZWCC74</lei>
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        <name>Atossa Therapeutics, Inc.</name>
        <lei>549300QRKP1JTNHD2366</lei>
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        <name>FVCBankcorp, Inc.</name>
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        <name>Liberty Energy, Inc.</name>
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        <name>Stock Yards Bancorp, Inc.</name>
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        <name>Preformed Line Products Co.</name>
        <lei>549300EYH53XDJID2098</lei>
        <title>Preformed Line Products Co.</title>
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        <name>Triller Group, Inc.</name>
        <lei>5493006NA1XBERP7JE98</lei>
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        <name>Spok Holdings, Inc.</name>
        <lei>549300HXXANIVN2ICC89</lei>
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        <name>Malibu Boats, Inc.</name>
        <lei>N/A</lei>
        <title>Malibu Boats, Inc., Class A</title>
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        <name>Kestrel Group Ltd.</name>
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        <name>Quanex Building Products Corp.</name>
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        <name>Haverty Furniture Cos., Inc.</name>
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        <name>Emergent BioSolutions, Inc.</name>
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        <name>Ribbon Communications, Inc.</name>
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        <name>LendingTree, Inc.</name>
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        <name>Core Natural Resources, Inc.</name>
        <lei>549300YJCTPJBTK7IJ81</lei>
        <title>Core Natural Resources, Inc.</title>
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        <name>Enpro, Inc.</name>
        <lei>549300Y5CFT2LKCFDN54</lei>
        <title>Enpro, Inc.</title>
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        <name>PRA Group, Inc.</name>
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      <invstOrSec>
        <name>Innovex International, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Powerfleet, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Hamilton Beach Brands Holding Co.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>MicroVision, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Sanofi Aatd, Inc.</name>
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      <invstOrSec>
        <name>ACM Research, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Expro Group Holdings NV</name>
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        <assetCat>EC</assetCat>
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        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>J Jill, Inc.</name>
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          <isin value="US46620W2017"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Matrix Service Co.</name>
        <lei>529900VYBKSX6HD2YW58</lei>
        <title>Matrix Service Co.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Willdan Group, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Ennis, Inc.</name>
        <lei>N/A</lei>
        <title>Ennis, Inc.</title>
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      <invstOrSec>
        <name>Avient Corp.</name>
        <lei>SM8L9RZYIB34LNTWO040</lei>
        <title>Avient Corp.</title>
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        <name>MAC Copper Ltd.</name>
        <lei>984500A55FX8DC465F12</lei>
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        <invCountry>JE</invCountry>

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        <fairValLevel>1</fairValLevel>
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        <name>Oil States International, Inc.</name>
        <lei>5493004TF4KQJGMYL777</lei>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Dorian LPG Ltd.</name>
        <lei>549300WP1W2WGMC7F395</lei>
        <title>Dorian LPG Ltd.</title>
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        <name>Valley National Bancorp</name>
        <lei>549300ET52S1UBIB9762</lei>
        <title>Valley National Bancorp</title>
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        <name>Forge Global Holdings, Inc.</name>
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        <name>Heritage Insurance Holdings, Inc.</name>
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        <title>Heritage Insurance Holdings, Inc.</title>
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        <name>Gibraltar Industries, Inc.</name>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>MaxLinear, Inc.</name>
        <lei>549300EMOI0SM2IY4F64</lei>
        <title>MaxLinear, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Buckle, Inc. (The)</name>
        <lei>5299007IU0461T3GDL34</lei>
        <title>Buckle, Inc. (The)</title>
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        <balance>18534.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>N-able, Inc.</name>
        <lei>N/A</lei>
        <title>N-able, Inc.</title>
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        <name>RLJ Lodging Trust</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>ProFrac Holding Corp.</name>
        <lei>N/A</lei>
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          <isin value="US74319N1000"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Home BancShares, Inc.</name>
        <lei>N/A</lei>
        <title>Home BancShares, Inc.</title>
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          <isin value="US4368932004"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Inmode Ltd.</name>
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        <invCountry>IL</invCountry>

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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Enterprise Bancorp, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Fastly, Inc.</name>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Cable One, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>South Plains Financial, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Ivanhoe Electric, Inc.</name>
        <lei>N/A</lei>
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      <invstOrSec>
        <name>Finward Bancorp</name>
        <lei>N/A</lei>
        <title>Finward Bancorp</title>
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      <invstOrSec>
        <name>Metropolitan Bank Holding Corp.</name>
        <lei>N/A</lei>
        <title>Metropolitan Bank Holding Corp.</title>
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          <isin value="US5917741044"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TRI Pointe Homes, Inc.</name>
        <lei>N/A</lei>
        <title>TRI Pointe Homes, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>V2X, Inc.</name>
        <lei>N/A</lei>
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        <name>Energizer Holdings, Inc.</name>
        <lei>5493000D6NN0V57UME20</lei>
        <title>Energizer Holdings, Inc.</title>
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        <name>CF Bankshares, Inc.</name>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Limoneira Co.</name>
        <lei>549300UCPZVJGYHI7550</lei>
        <title>Limoneira Co.</title>
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        <name>Tyra Biosciences, Inc.</name>
        <lei>N/A</lei>
        <title>Tyra Biosciences, Inc.</title>
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        <name>Home Bancorp, Inc.</name>
        <lei>N/A</lei>
        <title>Home Bancorp, Inc.</title>
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      <invstOrSec>
        <name>Pediatrix Medical Group, Inc.</name>
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        <title>Pediatrix Medical Group, Inc.</title>
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        <name>Flowco Holdings, Inc.</name>
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        <name>Movado Group, Inc.</name>
        <lei>549300WCGCGPWGHVXM59</lei>
        <title>Movado Group, Inc.</title>
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      <invstOrSec>
        <name>Evolution Petroleum Corp.</name>
        <lei>549300P9ZXGJZ6SSM116</lei>
        <title>Evolution Petroleum Corp.</title>
        <cusip>30049A107</cusip>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>BKV Corp.</name>
        <lei>549300S3T4Z01TRFU656</lei>
        <title>BKV Corp.</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Andersons, Inc. (The)</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>SWK Holdings Corp.</name>
        <lei>N/A</lei>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Customers Bancorp, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Vroom, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Akebia Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FrontView REIT, Inc.</name>
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          <isin value="US35922N1000"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Maze Therapeutics, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Tenaya Therapeutics, Inc.</name>
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        <title>Tenaya Therapeutics, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Alkermes plc</name>
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        <title>Alkermes plc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Victoria's Secret &amp; Co.</name>
        <lei>5493006T3O70U3UWVF17</lei>
        <title>Victoria's Secret &amp; Co.</title>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Compass Minerals International, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>AngioDynamics, Inc.</name>
        <lei>549300W3VKC5ZKMO8C28</lei>
        <title>AngioDynamics, Inc.</title>
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        <name>Fennec Pharmaceuticals, Inc.</name>
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        <name>Ranpak Holdings Corp.</name>
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        <name>Graham Holdings Co.</name>
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      <invstOrSec>
        <name>Valaris Ltd.</name>
        <lei>N/A</lei>
        <title>Valaris Ltd.</title>
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        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Noble Corp. plc</name>
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        <name>LCI Industries</name>
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        <name>Concrete Pumping Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Concrete Pumping Holdings, Inc.</title>
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        <name>Olo, Inc.</name>
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        <name>Chicago Atlantic Real Estate Finance, Inc.</name>
        <lei>N/A</lei>
        <title>Chicago Atlantic Real Estate Finance, Inc.</title>
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        <name>ProAssurance Corp.</name>
        <lei>54930015E5J57R675E89</lei>
        <title>ProAssurance Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>American Vanguard Corp.</name>
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        <name>Rocky Brands, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Terns Pharmaceuticals, Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>CompX International, Inc.</name>
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        <name>CareTrust REIT, Inc.</name>
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        <name>Cabot Corp.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Embecta Corp.</name>
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        <title>Embecta Corp.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Pagseguro Digital Ltd.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>Galectin Therapeutics, Inc.</name>
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        <name>Hannon Armstrong Sustainable Infrastructure Capital, Inc.</name>
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        <title>Hannon Armstrong Sustainable Infrastructure Capital, Inc.</title>
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      <invstOrSec>
        <name>PotlatchDeltic Corp.</name>
        <lei>54930084YA8UJOTXDM59</lei>
        <title>PotlatchDeltic Corp.</title>
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        <name>BankUnited, Inc.</name>
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        <name>BrightView Holdings, Inc.</name>
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        <name>Owens &amp; Minor, Inc.</name>
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        <name>iRobot Corp.</name>
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        <name>HomeStreet, Inc.</name>
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        <name>Marine Products Corp.</name>
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        <name>Sunrun, Inc.</name>
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        <title>Sunrun, Inc.</title>
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        <name>OmniAb Operations, Inc.</name>
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        <name>eHealth, Inc.</name>
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        <title>eHealth, Inc.</title>
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        <name>Hillenbrand, Inc.</name>
        <lei>U246OE781574J2BUD366</lei>
        <title>Hillenbrand, Inc.</title>
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      <invstOrSec>
        <name>Plymouth Industrial REIT, Inc.</name>
        <lei>N/A</lei>
        <title>Plymouth Industrial REIT, Inc.</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Masterbrand, Inc.</name>
        <lei>549300E0Y4BR5Z9RDZ64</lei>
        <title>Masterbrand, Inc.</title>
        <cusip>57638P104</cusip>
        <identifiers>
          <isin value="US57638P1049"/>
          <other otherDesc="Inhouse Asset ID" value="57638P104"/>
        </identifiers>
        <balance>1125780.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12304775.40000000</valUSD>
        <pctVal>0.112659383732</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Verve Therapeutics, Inc.</name>
        <lei>N/A</lei>
        <title>Verve Therapeutics, Inc.</title>
        <cusip>92539P101</cusip>
        <identifiers>
          <isin value="US92539P1012"/>
          <other otherDesc="Inhouse Asset ID" value="92539P101"/>
        </identifiers>
        <balance>605201.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6796407.23000000</valUSD>
        <pctVal>0.062226170347</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="12465.30000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MillerKnoll, Inc.</name>
        <lei>U98HXD3PNK7HYU2MU887</lei>
        <title>MillerKnoll, Inc.</title>
        <cusip>600544100</cusip>
        <identifiers>
          <isin value="US6005441000"/>
          <other otherDesc="Inhouse Asset ID" value="600544100"/>
        </identifiers>
        <balance>601928.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11689441.76000000</valUSD>
        <pctVal>0.107025545940</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>



      <explntrNote note="Monthly returns presented in B.5.a have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>


    </explntrNotes>
    <signature>
      <ncom:dateSigned>2025-06-30</ncom:dateSigned>
      <ncom:nameOfApplicant>iShares Trust</ncom:nameOfApplicant>
      <ncom:signature>Chuck Pulsfort</ncom:signature>
      <ncom:signerName>Chuck Pulsfort</ncom:signerName>
      <ncom:title>Assistant Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
