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        <name>Essential Utilities, Inc.</name>
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        <name>Franklin Electric Co., Inc.</name>
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        <name>Willis Towers Watson PLC</name>
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        <name>UDR, Inc.</name>
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        <name>SEI Investments Co.</name>
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        <name>RPM International Inc.</name>
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        <name>Woodward, Inc.</name>
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        <name>Regal Rexnord Corp.</name>
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        <name>Suzano S.A.</name>
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        <name>Mosaic Co. (The)</name>
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      <invstOrSec>
        <name>Baxter International Inc.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>A.O. Smith Corp.</name>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Trimble Inc.</name>
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        <title>Trimble Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TFI International Inc.</name>
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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>Amdocs 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>Janus Henderson Group PLC</name>
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        <assetCat>EC</assetCat>
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        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Pentair PLC</name>
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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>FLEETCOR Technologies, Inc.</name>
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        <title>FLEETCOR Technologies, Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Crane Co.</name>
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        <title>Crane Co.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Graco Inc.</name>
        <lei>4T5VJ4S81BRT6Q7GGT78</lei>
        <title>Graco Inc.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Assurant, Inc.</name>
        <lei>H3F39CAXWQRVWURFXL38</lei>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Booz Allen Hamilton Holding Corp.</name>
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        <title>Booz Allen Hamilton Holding Corp.</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Leidos Holdings, Inc.</name>
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        <title>Leidos Holdings, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Unum Group</name>
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        <name>ESAB Corp.</name>
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        <title>ESAB Corp.</title>
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        <name>Agree Realty Corp.</name>
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        <title>Agree Realty Corp.</title>
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        <name>MDU Resources Group, Inc.</name>
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        <name>Ryman Hospitality Properties, Inc.</name>
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        <name>Silgan Holdings Inc.</name>
        <lei>KAF673KJXD92C8KSLU49</lei>
        <title>Silgan Holdings Inc.</title>
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        <name>Equity Residential</name>
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        <title>Equity Residential</title>
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        <name>Wabtec Corp.</name>
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        <title>Wabtec Corp.</title>
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        <name>Entergy Corp.</name>
        <lei>4XM3TW50JULSLG8BNC79</lei>
        <title>Entergy Corp.</title>
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        <name>Essex Property Trust, Inc.</name>
        <lei>549300TR2H2VEFX0NC60</lei>
        <title>Essex Property Trust, Inc.</title>
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        <fairValLevel>1</fairValLevel>
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        <name>Air Lease Corp.</name>
        <lei>5493004NW4M4P8TMMK63</lei>
        <title>Air Lease Corp., Class A</title>
        <cusip>00912X302</cusip>
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        <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>
      <invstOrSec>
        <name>CACI International Inc.</name>
        <lei>SYRPI2D1O9WRTS2WX210</lei>
        <title>CACI International Inc., Class A</title>
        <cusip>127190304</cusip>
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          <isin value="US1271903049"/>
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        <balance>3588.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1233303.24000000</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>
      <invstOrSec>
        <name>Americold Realty Trust, Inc.</name>
        <lei>894500O3S3W62PQPO460</lei>
        <title>Americold Realty Trust, Inc.</title>
        <cusip>03064D108</cusip>
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          <isin value="US03064D1081"/>
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        <balance>42595.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1171362.50000000</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>Camden Property Trust</name>
        <lei>5493002MYX22OHYJBD89</lei>
        <title>Camden Property Trust</title>
        <cusip>133131102</cusip>
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          <isin value="US1331311027"/>
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        <balance>16268.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1526589.12000000</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>
      <invstOrSec>
        <name>Genpact Ltd.</name>
        <lei>529900OSEC6Q0L4L5B35</lei>
        <title>Genpact Ltd.</title>
        <cusip>G3922B107</cusip>
        <identifiers>
          <isin value="BMG3922B1072"/>
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        <balance>28824.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1034781.60000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Credicorp Ltd.</name>
        <lei>529900UYAEYQCQ2BKB17</lei>
        <title>Credicorp Ltd.</title>
        <cusip>G2519Y108</cusip>
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          <isin value="BMG2519Y1084"/>
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        <balance>10423.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1547085.89000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="314664.00000000"/>
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      </invstOrSec>
      <invstOrSec>
        <name>IPG Photonics Corp.</name>
        <lei>5493002KZ51CADQ94G15</lei>
        <title>IPG Photonics Corp.</title>
        <cusip>44980X109</cusip>
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          <isin value="US44980X1090"/>
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        <balance>6759.00000000</balance>
        <units>NS</units>
        <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>
          <loanByFundCondition isLoanByFund="Y" loanVal="75222.00000000"/>
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      <invstOrSec>
        <name>Regency Centers Corp.</name>
        <lei>529900053A7X7FJ97S58</lei>
        <title>Regency Centers Corp.</title>
        <cusip>758849103</cusip>
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          <isin value="US7588491032"/>
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        <balance>28138.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1763408.46000000</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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          <loanByFundCondition isLoanByFund="Y" loanVal="1768534.56000000"/>
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      <invstOrSec>
        <name>CNA Financial Corp.</name>
        <lei>549300YX2GSZD7YG1R84</lei>
        <title>CNA Financial Corp.</title>
        <cusip>126117100</cusip>
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          <isin value="US1261171003"/>
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        <balance>42910.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1891043.70000000</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>Dover Corp.</name>
        <lei>549300FMC2ALGA7N9E80</lei>
        <title>Dover Corp.</title>
        <cusip>260003108</cusip>
        <identifiers>
          <isin value="US2600031080"/>
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        <balance>20811.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3117071.58000000</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>Qiagen N.V.</name>
        <lei>54930036WK3GMCN17Z57</lei>
        <title>Qiagen N.V.</title>
        <cusip>N72482149</cusip>
        <identifiers>
          <isin value="NL0015001WM6"/>
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        <balance>34049.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1486579.34000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>NL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>AXIS Capital Holdings Ltd.</name>
        <lei>635400VD2NQBYAHMEM55</lei>
        <title>AXIS Capital Holdings Ltd.</title>
        <cusip>G0692U109</cusip>
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          <isin value="BMG0692U1099"/>
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        <balance>13872.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>825661.44000000</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>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Avangrid, Inc.</name>
        <lei>549300OX0Q38NLSKPB49</lei>
        <title>Avangrid, Inc.</title>
        <cusip>05351W103</cusip>
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          <isin value="US05351W1036"/>
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        <balance>60968.00000000</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>
          <loanByFundCondition isLoanByFund="Y" loanVal="1744141.56000000"/>
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      <invstOrSec>
        <name>ITT Inc.</name>
        <lei>549300KDSERHTJOXUS80</lei>
        <title>ITT Inc.</title>
        <cusip>45073V108</cusip>
        <identifiers>
          <isin value="US45073V1089"/>
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        <balance>12473.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1506488.94000000</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>McCormick &amp; Co., Inc.</name>
        <lei>549300JQQA6MQ4OJP259</lei>
        <title>McCormick &amp; Co., Inc.</title>
        <cusip>579780206</cusip>
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          <isin value="US5797802064"/>
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        <balance>42309.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2883781.44000000</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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mattel, Inc.</name>
        <lei>549300VELLG24KHTJ564</lei>
        <title>Mattel, Inc.</title>
        <cusip>577081102</cusip>
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          <isin value="US5770811025"/>
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        <balance>55992.00000000</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>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <loanByFundCondition isLoanByFund="Y" loanVal="94432.00000000"/>
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      <invstOrSec>
        <name>TPG Inc.</name>
        <lei>549300NLO4R8MX77XJ02</lei>
        <title>TPG Inc.</title>
        <cusip>872657101</cusip>
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          <isin value="US8726571016"/>
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        <balance>42276.00000000</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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          <loanByFundCondition isLoanByFund="Y" loanVal="105675.00000000"/>
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      <invstOrSec>
        <name>Element Solutions Inc.</name>
        <lei>549300FLGN6P5CU20J91</lei>
        <title>Element Solutions Inc.</title>
        <cusip>28618M106</cusip>
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          <isin value="US28618M1062"/>
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        <balance>34145.00000000</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>Nextracker Inc.</name>
        <lei>2138001D4HUZ48PR8M23</lei>
        <title>Nextracker Inc., Class A</title>
        <cusip>65290E101</cusip>
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          <isin value="US65290E1010"/>
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        <balance>2.56850000</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>Red Rock Resorts, Inc.</name>
        <lei>N/A</lei>
        <title>Red Rock Resorts, Inc., Class A</title>
        <cusip>75700L108</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>AECOM</name>
        <lei>0EEB8GF0W0NPCIHZX097</lei>
        <title>AECOM</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>Principal Financial Group, Inc.</name>
        <lei>CUMYEZJOAF02RYZ1JJ85</lei>
        <title>Principal Financial Group, Inc.</title>
        <cusip>74251V102</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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      <invstOrSec>
        <name>Warner Music Group Corp.</name>
        <lei>QYRBV36XVCBJ28XL7W06</lei>
        <title>Warner Music Group Corp., Class A</title>
        <cusip>934550203</cusip>
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        <balance>79811.00000000</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>Teledyne Technologies Inc.</name>
        <lei>549300VSMO9KYQWDND94</lei>
        <title>Teledyne Technologies Inc.</title>
        <cusip>879360105</cusip>
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        <balance>7109.00000000</balance>
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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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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Corebridge Financial, Inc.</name>
        <lei>549300XY1661QCIA7J65</lei>
        <title>Corebridge Financial, Inc.</title>
        <cusip>21871X109</cusip>
        <identifiers>
          <isin value="US21871X1090"/>
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        <balance>94707.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>2289068.19000000</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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      <invstOrSec>
        <name>Essent Group Ltd.</name>
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        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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        <name>Invesco Government &amp; Agency Portfolio</name>
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        <assetCat>STIV</assetCat>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Aptiv 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>IDEX Corp.</name>
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          <isin value="US45167R1041"/>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>WEX 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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        <name>Eversource Energy</name>
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          <isin value="US30040W1080"/>
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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>IDACORP, 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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        <name>American Water Works Co., Inc.</name>
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        <title>American Water Works Co., 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>Logitech International S.A.</name>
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        <assetCat>EC</assetCat>
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        <invCountry>CH</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TD SYNNEX Corp.</name>
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        <title>TD SYNNEX Corp.</title>
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          <isin value="US87162W1009"/>
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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>Sun Communities, Inc.</name>
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        <title>Sun Communities, 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>Donaldson Co., Inc.</name>
        <lei>OZE6KXY9QQPR8EJ8WL20</lei>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Eastman Chemical Co.</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>Genuine Parts Co.</name>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>DTE Energy Co.</name>
        <lei>549300IX8SD6XXD71I78</lei>
        <title>DTE Energy Co.</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>PPL Corp.</name>
        <lei>9N3UAJSNOUXFKQLF3V18</lei>
        <title>PPL Corp.</title>
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        <name>Affiliated Managers Group, Inc.</name>
        <lei>2JE75BUE3T1BLCYYGK54</lei>
        <title>Affiliated Managers Group, Inc.</title>
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        <name>AptarGroup, Inc.</name>
        <lei>VNPEQDQFAA7IY1T2PX43</lei>
        <title>AptarGroup, Inc.</title>
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        <name>Deutsche Bank AG</name>
        <lei>7LTWFZYICNSX8D621K86</lei>
        <title>Deutsche Bank AG</title>
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        <invCountry>DE</invCountry>
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        <name>Watts Water Technologies, Inc.</name>
        <lei>549300REJOO94ERQN318</lei>
        <title>Watts Water Technologies, Inc., Class A</title>
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        <name>NNN REIT, Inc.</name>
        <lei>5493008JKH5SOTI0JS97</lei>
        <title>NNN REIT, Inc.</title>
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        <name>Ingredion Inc.</name>
        <lei>PKSTQ48QDN0XSVS7YK88</lei>
        <title>Ingredion Inc.</title>
        <cusip>457187102</cusip>
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        <invCountry>US</invCountry>
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        <name>Vontier Corp.</name>
        <lei>549300VVSQLG4P5K4639</lei>
        <title>Vontier Corp.</title>
        <cusip>928881101</cusip>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Zimmer Biomet Holdings, Inc.</name>
        <lei>2P2YLDVPES3BXQ1FRB91</lei>
        <title>Zimmer Biomet Holdings, Inc.</title>
        <cusip>98956P102</cusip>
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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>Grand Canyon Education, Inc.</name>
        <lei>529900XFER799IYOSW74</lei>
        <title>Grand Canyon Education, Inc.</title>
        <cusip>38526M106</cusip>
        <identifiers>
          <isin value="US38526M1062"/>
        </identifiers>
        <balance>4742.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>619257.78000000</valUSD>
        <pctVal>0.327826244664</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>Flex Ltd.</name>
        <lei>549300EAQH74YHD07T53</lei>
        <title>Flex Ltd.</title>
        <cusip>Y2573F102</cusip>
        <identifiers>
          <isin value="SG9999000020"/>
        </identifiers>
        <balance>80196.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1903853.04000000</valUSD>
        <pctVal>1.007872670564</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>SG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>W. R. Berkley Corp.</name>
        <lei>SQOAGCLKBDWNVYV1OV80</lei>
        <title>W. R. Berkley Corp.</title>
        <cusip>084423102</cusip>
        <identifiers>
          <isin value="US0844231029"/>
        </identifiers>
        <balance>42033.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3441662.04000000</valUSD>
        <pctVal>1.821966842270</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>
    <signature>
      <ncom:dateSigned>2024-03-01</ncom:dateSigned>
      <ncom:nameOfApplicant>Invesco Exchange-Traded Fund Trust</ncom:nameOfApplicant>
      <ncom:signature>Adrien Deberghes</ncom:signature>
      <ncom:signerName>Adrien Deberghes</ncom:signerName>
      <ncom:title>Vice President</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
