<informationTable xmlns="http://www.sec.gov/edgar/document/thirteenf/informationtable" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
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       <nameOfIssuer>AMN Healthcare Services, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>001744101</cusip>
       <value>357</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6200</sshPrnamt>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>6200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>ANI Pharmaceuticals, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>00182C103</cusip>
       <value>295</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4050</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>4050</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>AT&amp;T, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>00206R102</cusip>
       <value>1245</value>
       <shrsOrPrnAmt>
           <sshPrnamt>32900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>32900</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>AbbVie, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>00287Y109</cusip>
       <value>1287</value>
       <shrsOrPrnAmt>
           <sshPrnamt>17000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>17000</Sole>
           <Shared>0</Shared>
           <None>0</None>
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   <infoTable>
       <nameOfIssuer>Adobe Systems, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>00724F101</cusip>
       <value>249</value>
       <shrsOrPrnAmt>
           <sshPrnamt>900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>Align Technology, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>016255101</cusip>
       <value>253</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>1400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>Alliant Energy Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>018802108</cusip>
       <value>216</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>4000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Alphabet, Inc.</nameOfIssuer>
       <titleOfClass>CAP STK CL A</titleOfClass>
       <cusip>02079K305</cusip>
       <value>256</value>
       <shrsOrPrnAmt>
           <sshPrnamt>210</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>210</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>Altria Group, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>02209S103</cusip>
       <value>360</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>8800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>AMERCO</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>023586100</cusip>
       <value>351</value>
       <shrsOrPrnAmt>
           <sshPrnamt>900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>American Tower Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>03027X100</cusip>
       <value>475</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2150</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>2150</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>American Water Works Co., Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>030420103</cusip>
       <value>236</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>1900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>America&apos;s Car-Mart, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>03062T105</cusip>
       <value>665</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7250</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>7250</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Analog Devices, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>032654105</cusip>
       <value>257</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>2300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Anheuser-Busch InBev SA/NV</nameOfIssuer>
       <titleOfClass>SPONSORED ADR</titleOfClass>
       <cusip>03524A108</cusip>
       <value>324</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>3400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Apogee Enterprises, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>037598109</cusip>
       <value>248</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6360</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>6360</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Apollo Global Management LLC</nameOfIssuer>
       <titleOfClass>COM CL A</titleOfClass>
       <cusip>03768E105</cusip>
       <value>938</value>
       <shrsOrPrnAmt>
           <sshPrnamt>24800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>24800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Apple, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>037833100</cusip>
       <value>314</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>1400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Aqua America, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>03836W103</cusip>
       <value>224</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>5000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Ares Management Corp.</nameOfIssuer>
       <titleOfClass>CL A COM STK</titleOfClass>
       <cusip>03990B101</cusip>
       <value>965</value>
       <shrsOrPrnAmt>
           <sshPrnamt>36000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>36000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Argan, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>04010E109</cusip>
       <value>200</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>5100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
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       <nameOfIssuer>Ares Commercial Real Estate Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>04013V108</cusip>
       <value>289</value>
       <shrsOrPrnAmt>
           <sshPrnamt>19000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>19000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>AutoZone, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>053332102</cusip>
       <value>325</value>
       <shrsOrPrnAmt>
           <sshPrnamt>300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Avery Dennison Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>053611109</cusip>
       <value>204</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>1800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>BGC Partners, Inc.</nameOfIssuer>
       <titleOfClass>CL A</titleOfClass>
       <cusip>05541T101</cusip>
       <value>1106</value>
       <shrsOrPrnAmt>
           <sshPrnamt>201000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>201000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>BP PLC</nameOfIssuer>
       <titleOfClass>SPONSORED ADR</titleOfClass>
       <cusip>055622104</cusip>
       <value>1045</value>
       <shrsOrPrnAmt>
           <sshPrnamt>27500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>27500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Berkshire Hathaway, Inc.</nameOfIssuer>
       <titleOfClass>CL A</titleOfClass>
       <cusip>084670108</cusip>
       <value>312</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>1</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Biogen, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>09062X103</cusip>
       <value>279</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>1200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>BlackRock, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>09247X101</cusip>
       <value>1070</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>2400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Bluegreen Vacations Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>09629F108</cusip>
       <value>1011</value>
       <shrsOrPrnAmt>
           <sshPrnamt>108500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>108500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Bristol-Myers Squibb Co.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>110122108</cusip>
       <value>680</value>
       <shrsOrPrnAmt>
           <sshPrnamt>13400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>13400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>British American Tobacco PLC</nameOfIssuer>
       <titleOfClass>SPONSORED ADR</titleOfClass>
       <cusip>110448107</cusip>
       <value>675</value>
       <shrsOrPrnAmt>
           <sshPrnamt>18300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>18300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Broadcom, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>11135F101</cusip>
       <value>1629</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>5900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CDW Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>12514G108</cusip>
       <value>357</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>2900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CH Robinson Worldwide, Inc.</nameOfIssuer>
       <titleOfClass>COM NEW</titleOfClass>
       <cusip>12541W209</cusip>
       <value>424</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>5000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CVR Energy, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>12662P108</cusip>
       <value>533</value>
       <shrsOrPrnAmt>
           <sshPrnamt>12100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>12100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>CVS Health Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>126650100</cusip>
       <value>1211</value>
       <shrsOrPrnAmt>
           <sshPrnamt>19200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>19200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Cabot Microelectronics Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>12709P103</cusip>
       <value>282</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>2000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Cambrex Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>132011107</cusip>
       <value>250</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>4200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Carlisle Cos., Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>142339100</cusip>
       <value>262</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>1800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Carnival Corp.</nameOfIssuer>
       <titleOfClass>UNIT 99/99/9999</titleOfClass>
       <cusip>143658300</cusip>
       <value>1547</value>
       <shrsOrPrnAmt>
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       <titleOfClass>COM</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
       <cusip>28470R102</cusip>
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       <titleOfClass>COM</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
       <cusip>28852N109</cusip>
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       <titleOfClass>COM</titleOfClass>
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       <nameOfIssuer>Emergent BioSolutions, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>29089Q105</cusip>
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       <nameOfIssuer>EVERTEC, Inc.</nameOfIssuer>
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       <nameOfIssuer>Fidelity National Information Services, Inc.</nameOfIssuer>
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       <nameOfIssuer>Fomento Economico Mexicano SAB de CV</nameOfIssuer>
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       <nameOfIssuer>Arthur J Gallagher &amp; Co.</nameOfIssuer>
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       <titleOfClass>COM</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
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       <value>212</value>
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       <nameOfIssuer>Jack Henry &amp; Associates, Inc.</nameOfIssuer>
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       <titleOfClass>COM</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
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       <nameOfIssuer>IDACORP, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
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       <nameOfIssuer>IDEX Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
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       <nameOfIssuer>Interactive Brokers Group, Inc.</nameOfIssuer>
       <titleOfClass>COM CL A</titleOfClass>
       <cusip>45841N107</cusip>
       <value>210</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>3900</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>International Paper Co.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>460146103</cusip>
       <value>1405</value>
       <shrsOrPrnAmt>
           <sshPrnamt>33600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>33600</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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       <nameOfIssuer>Interpublic Group of Cos., Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>460690100</cusip>
       <value>1335</value>
       <shrsOrPrnAmt>
           <sshPrnamt>61900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>61900</Sole>
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           <None>0</None>
       </votingAuthority>
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       <nameOfIssuer>Intuit, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>461202103</cusip>
       <value>253</value>
       <shrsOrPrnAmt>
           <sshPrnamt>950</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>950</Sole>
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           <None>0</None>
       </votingAuthority>
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       <nameOfIssuer>Iridium Communications, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>46269C102</cusip>
       <value>353</value>
       <shrsOrPrnAmt>
           <sshPrnamt>16600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>16600</Sole>
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           <None>0</None>
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       <nameOfIssuer>J&amp;J Snack Foods Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>466032109</cusip>
       <value>211</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>1100</Sole>
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           <None>0</None>
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       <nameOfIssuer>Jones Lang LaSalle, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>48020Q107</cusip>
       <value>264</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>1900</Sole>
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           <None>0</None>
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       <nameOfIssuer>j2 Global, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>48123V102</cusip>
       <value>218</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>2400</Sole>
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           <None>0</None>
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       <nameOfIssuer>KLA-Tencor Corp.</nameOfIssuer>
       <titleOfClass>COM NEW</titleOfClass>
       <cusip>482480100</cusip>
       <value>239</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>1500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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       <nameOfIssuer>K12, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>48273U102</cusip>
       <value>401</value>
       <shrsOrPrnAmt>
           <sshPrnamt>15200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>15200</Sole>
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           <None>0</None>
       </votingAuthority>
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       <nameOfIssuer>KeyCorp</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>493267108</cusip>
       <value>1133</value>
       <shrsOrPrnAmt>
           <sshPrnamt>63500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>63500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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       <nameOfIssuer>Knoll, Inc.</nameOfIssuer>
       <titleOfClass>COM NEW</titleOfClass>
       <cusip>498904200</cusip>
       <value>1191</value>
       <shrsOrPrnAmt>
           <sshPrnamt>47000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>47000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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       <nameOfIssuer>Knight-Swift Transportation Holdings, Inc.</nameOfIssuer>
       <titleOfClass>CL A</titleOfClass>
       <cusip>499049104</cusip>
       <value>370</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>10200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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       <nameOfIssuer>Kraft Heinz Co./The</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>500754106</cusip>
       <value>508</value>
       <shrsOrPrnAmt>
           <sshPrnamt>18200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>18200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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       <nameOfIssuer>LHC Group, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>50187A107</cusip>
       <value>238</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>2100</Sole>
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           <None>0</None>
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       <nameOfIssuer>LCI Industries</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>50189K103</cusip>
       <value>1065</value>
       <shrsOrPrnAmt>
           <sshPrnamt>11600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>11600</Sole>
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           <None>0</None>
       </votingAuthority>
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       <nameOfIssuer>LPL Financial Holdings, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>50212V100</cusip>
       <value>1302</value>
       <shrsOrPrnAmt>
           <sshPrnamt>15900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>15900</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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       <nameOfIssuer>L3 Harris Technologies, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>502431109</cusip>
       <value>250</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>1200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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       <nameOfIssuer>Lam Research Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>512807108</cusip>
       <value>1156</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>5000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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       <nameOfIssuer>Lamar Advertising Co.</nameOfIssuer>
       <titleOfClass>CL A</titleOfClass>
       <cusip>512816109</cusip>
       <value>270</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>3300</Sole>
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           <None>0</None>
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       <nameOfIssuer>Landmark Infrastructure Partners LP, Series C, 0</nameOfIssuer>
       <titleOfClass>7% CNV PFD UNT C</titleOfClass>
       <cusip>51508J405</cusip>
       <value>263</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>10000</Sole>
           <Shared>0</Shared>
           <None>0</None>
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       <nameOfIssuer>Landstar System, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>515098101</cusip>
       <value>203</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>1800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>Lear Corp.</nameOfIssuer>
       <titleOfClass>COM NEW</titleOfClass>
       <cusip>521865204</cusip>
       <value>236</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>2000</Sole>
           <Shared>0</Shared>
           <None>0</None>
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       <nameOfIssuer>Legg Mason, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>524901105</cusip>
       <value>225</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>5900</Sole>
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           <None>0</None>
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       <nameOfIssuer>Liberty SiriusXM Group</nameOfIssuer>
       <titleOfClass>COM A SIRIUSXM</titleOfClass>
       <cusip>531229409</cusip>
       <value>299</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>7200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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       <nameOfIssuer>Lithia Motors, Inc.</nameOfIssuer>
       <titleOfClass>CL A</titleOfClass>
       <cusip>536797103</cusip>
       <value>874</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>6600</Sole>
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           <None>0</None>
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       <nameOfIssuer>M.D.C. Holdings, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>552676108</cusip>
       <value>259</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
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           <Sole>6000</Sole>
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           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>Magellan Midstream Partners LP</nameOfIssuer>
       <titleOfClass>COM UNIT RP LP</titleOfClass>
       <cusip>559080106</cusip>
       <value>815</value>
       <shrsOrPrnAmt>
           <sshPrnamt>12300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>12300</Sole>
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           <None>0</None>
       </votingAuthority>
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       <nameOfIssuer>Magic Software Enterprises Ltd.</nameOfIssuer>
       <titleOfClass>ORD</titleOfClass>
       <cusip>559166103</cusip>
       <value>206</value>
       <shrsOrPrnAmt>
           <sshPrnamt>22400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>22400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>Main Street Capital Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>56035L104</cusip>
       <value>735</value>
       <shrsOrPrnAmt>
           <sshPrnamt>17000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>17000</Sole>
           <Shared>0</Shared>
           <None>0</None>
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   </infoTable>
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       <nameOfIssuer>ManpowerGroup, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>56418H100</cusip>
       <value>202</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>2400</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Marathon Petroleum Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>56585A102</cusip>
       <value>1002</value>
       <shrsOrPrnAmt>
           <sshPrnamt>16500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>16500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>Marsh &amp; McLennan Cos., Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>571748102</cusip>
       <value>210</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>2100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Masimo Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>574795100</cusip>
       <value>253</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>1700</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>MAXIMUS, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>577933104</cusip>
       <value>255</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>3300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>Medidata Solutions, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>58471A105</cusip>
       <value>302</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>3300</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Mercer International, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>588056101</cusip>
       <value>203</value>
       <shrsOrPrnAmt>
           <sshPrnamt>16200</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>16200</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Meredith Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>589433101</cusip>
       <value>653</value>
       <shrsOrPrnAmt>
           <sshPrnamt>17800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>17800</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Meritage Homes Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>59001A102</cusip>
       <value>633</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>9000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Mesa Laboratories, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>59064R109</cusip>
       <value>1189</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>5000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
   <infoTable>
       <nameOfIssuer>Molson Coors Brewing Co.</nameOfIssuer>
       <titleOfClass>CL B</titleOfClass>
       <cusip>60871R209</cusip>
       <value>1006</value>
       <shrsOrPrnAmt>
           <sshPrnamt>17500</sshPrnamt>
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       <nameOfIssuer>Monster Beverage Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
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       <value>284</value>
       <shrsOrPrnAmt>
           <sshPrnamt>4900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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           <None>0</None>
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       <nameOfIssuer>Morningstar, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>617700109</cusip>
       <value>911</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6233</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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           <None>0</None>
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       <nameOfIssuer>Mueller Industries, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>624756102</cusip>
       <value>725</value>
       <shrsOrPrnAmt>
           <sshPrnamt>25266</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>25266</Sole>
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           <None>0</None>
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       <nameOfIssuer>NV5 Global, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>62945V109</cusip>
       <value>949</value>
       <shrsOrPrnAmt>
           <sshPrnamt>13900</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>13900</Sole>
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           <None>0</None>
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       <nameOfIssuer>Navient Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>63938C108</cusip>
       <value>128</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>10000</Sole>
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           <None>0</None>
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       <nameOfIssuer>Neogen Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>640491106</cusip>
       <value>375</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>5500</Sole>
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           <None>0</None>
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       <nameOfIssuer>NeoGenomics, Inc.</nameOfIssuer>
       <titleOfClass>COM NEW</titleOfClass>
       <cusip>64049M209</cusip>
       <value>350</value>
       <shrsOrPrnAmt>
           <sshPrnamt>18300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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           <Sole>18300</Sole>
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           <None>0</None>
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       <nameOfIssuer>NetScout Systems, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>64115T104</cusip>
       <value>279</value>
       <shrsOrPrnAmt>
           <sshPrnamt>12100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>12100</Sole>
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           <None>0</None>
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       <nameOfIssuer>New Jersey Resources Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>646025106</cusip>
       <value>724</value>
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           <sshPrnamt>16011</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>16011</Sole>
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           <None>0</None>
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       <nameOfIssuer>Newmark Group, Inc.</nameOfIssuer>
       <titleOfClass>CL A</titleOfClass>
       <cusip>65158N102</cusip>
       <value>1078</value>
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           <sshPrnamt>119000</sshPrnamt>
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           <Sole>119000</Sole>
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           <None>0</None>
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       <nameOfIssuer>Nexstar Media Group, Inc.</nameOfIssuer>
       <titleOfClass>CL A</titleOfClass>
       <cusip>65336K103</cusip>
       <value>276</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>2700</Sole>
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           <None>0</None>
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       <nameOfIssuer>NextEra Energy, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>65339F101</cusip>
       <value>233</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>1000</Sole>
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           <None>0</None>
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       <nameOfIssuer>Norbord, Inc.</nameOfIssuer>
       <titleOfClass>COM NEW</titleOfClass>
       <cusip>65548P403</cusip>
       <value>982</value>
       <shrsOrPrnAmt>
           <sshPrnamt>41000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>41000</Sole>
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           <None>0</None>
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       <nameOfIssuer>Northrop Grumman Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>666807102</cusip>
       <value>262</value>
       <shrsOrPrnAmt>
           <sshPrnamt>700</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>700</Sole>
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           <None>0</None>
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       <nameOfIssuer>NorthWestern Corp.</nameOfIssuer>
       <titleOfClass>COM NEW</titleOfClass>
       <cusip>668074305</cusip>
       <value>210</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2800</sshPrnamt>
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       <votingAuthority>
           <Sole>2800</Sole>
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           <None>0</None>
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       <nameOfIssuer>Novanta, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>67000B104</cusip>
       <value>1190</value>
       <shrsOrPrnAmt>
           <sshPrnamt>14568</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>14568</Sole>
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           <None>0</None>
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       <nameOfIssuer>Nucor Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>670346105</cusip>
       <value>1031</value>
       <shrsOrPrnAmt>
           <sshPrnamt>20250</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>20250</Sole>
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           <None>0</None>
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       <nameOfIssuer>Occidental Petroleum Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>674599105</cusip>
       <value>356</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>8000</Sole>
           <Shared>0</Shared>
           <None>0</None>
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       <nameOfIssuer>Old Republic International Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>680223104</cusip>
       <value>306</value>
       <shrsOrPrnAmt>
           <sshPrnamt>13000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>13000</Sole>
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           <None>0</None>
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       <nameOfIssuer>ONEOK, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>682680103</cusip>
       <value>737</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>10000</Sole>
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           <None>0</None>
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       <nameOfIssuer>Open Text Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>683715106</cusip>
       <value>265</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>6500</Sole>
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           <None>0</None>
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       <nameOfIssuer>Ormat Technologies, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>686688102</cusip>
       <value>260</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>3500</Sole>
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           <None>0</None>
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       <nameOfIssuer>OUTFRONT Media, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>69007J106</cusip>
       <value>597</value>
       <shrsOrPrnAmt>
           <sshPrnamt>21500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>21500</Sole>
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           <None>0</None>
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       <nameOfIssuer>Owens Corning</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>690742101</cusip>
       <value>215</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3400</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>3400</Sole>
           <Shared>0</Shared>
           <None>0</None>
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       <nameOfIssuer>PBF Energy, Inc.</nameOfIssuer>
       <titleOfClass>CL A</titleOfClass>
       <cusip>69318G106</cusip>
       <value>789</value>
       <shrsOrPrnAmt>
           <sshPrnamt>29000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>29000</Sole>
           <Shared>0</Shared>
           <None>0</None>
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       <nameOfIssuer>PPL Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>69351T106</cusip>
       <value>1071</value>
       <shrsOrPrnAmt>
           <sshPrnamt>34000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>34000</Sole>
           <Shared>0</Shared>
           <None>0</None>
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       <nameOfIssuer>Packaging Corp. of America</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>695156109</cusip>
       <value>859</value>
       <shrsOrPrnAmt>
           <sshPrnamt>8100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>8100</Sole>
           <Shared>0</Shared>
           <None>0</None>
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       <nameOfIssuer>Palo Alto Networks, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>697435105</cusip>
       <value>326</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>1600</Sole>
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           <None>0</None>
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       <nameOfIssuer>Paychex, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>704326107</cusip>
       <value>257</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>3100</Sole>
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           <None>0</None>
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       <nameOfIssuer>Paycom Software, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>70432V102</cusip>
       <value>832</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3970</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>3970</Sole>
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           <None>0</None>
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       <nameOfIssuer>PayPal Holdings, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>70450Y103</cusip>
       <value>290</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>2800</Sole>
           <Shared>0</Shared>
           <None>0</None>
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       <nameOfIssuer>PennyMac Corp.</nameOfIssuer>
       <titleOfClass>NOTE 5.375% 5/0</titleOfClass>
       <cusip>70932AAB9</cusip>
       <value>9183</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9081000</sshPrnamt>
           <sshPrnamtType>PRN</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>9081000</Sole>
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           <None>0</None>
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       <nameOfIssuer>Penske Automotive Group, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>70959W103</cusip>
       <value>794</value>
       <shrsOrPrnAmt>
           <sshPrnamt>16800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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           <Sole>16800</Sole>
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           <None>0</None>
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       <nameOfIssuer>People&apos;s United Financial, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>712704105</cusip>
       <value>922</value>
       <shrsOrPrnAmt>
           <sshPrnamt>59000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>59000</Sole>
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           <None>0</None>
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       <nameOfIssuer>PerkinElmer, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>714046109</cusip>
       <value>264</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>3100</Sole>
           <Shared>0</Shared>
           <None>0</None>
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       <nameOfIssuer>PetMed Express, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>716382106</cusip>
       <value>744</value>
       <shrsOrPrnAmt>
           <sshPrnamt>41300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>41300</Sole>
           <Shared>0</Shared>
           <None>0</None>
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   <infoTable>
       <nameOfIssuer>Philip Morris International, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>718172109</cusip>
       <value>911</value>
       <shrsOrPrnAmt>
           <sshPrnamt>12000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>12000</Sole>
           <Shared>0</Shared>
           <None>0</None>
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   <infoTable>
       <nameOfIssuer>Phillips 66</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>718546104</cusip>
       <value>973</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>9500</Sole>
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           <None>0</None>
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       <nameOfIssuer>PRA Group, Inc.</nameOfIssuer>
       <titleOfClass>NOTE 3.000% 8/0</titleOfClass>
       <cusip>73640QAB1</cusip>
       <value>9733</value>
       <shrsOrPrnAmt>
           <sshPrnamt>9775000</sshPrnamt>
           <sshPrnamtType>PRN</sshPrnamtType>
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       <votingAuthority>
           <Sole>9775000</Sole>
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           <None>0</None>
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   <infoTable>
       <nameOfIssuer>T. Rowe Price Group, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>74144T108</cusip>
       <value>206</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1800</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>1800</Sole>
           <Shared>0</Shared>
           <None>0</None>
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   <infoTable>
       <nameOfIssuer>Prudential Financial, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
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       <nameOfIssuer>Schweitzer-Mauduit International, Inc.</nameOfIssuer>
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       <cusip>808541106</cusip>
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       <titleOfClass>COM</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
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       <nameOfIssuer>TechTarget, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
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       <nameOfIssuer>Thermo Fisher Scientific, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
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       <shrsOrPrnAmt>
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       <nameOfIssuer>Total SA</nameOfIssuer>
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       <cusip>89151E109</cusip>
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           <Sole>9000</Sole>
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       <nameOfIssuer>Tractor Supply Co.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>892356106</cusip>
       <value>298</value>
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           <sshPrnamt>3300</sshPrnamt>
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       <nameOfIssuer>Transportadora de Gas del Sur S.A.</nameOfIssuer>
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       <nameOfIssuer>TTEC Holdings, Inc.</nameOfIssuer>
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       <nameOfIssuer>II-VI, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
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       <value>236</value>
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       <nameOfIssuer>Ulta Beauty, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
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       <value>201</value>
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           <sshPrnamt>800</sshPrnamt>
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       <titleOfClass>COM</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
       <cusip>913017109</cusip>
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       <nameOfIssuer>Universal Forest Products, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>913543104</cusip>
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       <nameOfIssuer>Universal Health Services, Inc.</nameOfIssuer>
       <titleOfClass>CL B</titleOfClass>
       <cusip>913903100</cusip>
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       <nameOfIssuer>US Ecology, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>91732J102</cusip>
       <value>281</value>
       <shrsOrPrnAmt>
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       <nameOfIssuer>Valero Energy Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>91913Y100</cusip>
       <value>690</value>
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       <nameOfIssuer>Veeva Systems, Inc.</nameOfIssuer>
       <titleOfClass>CL A COM</titleOfClass>
       <cusip>922475108</cusip>
       <value>336</value>
       <shrsOrPrnAmt>
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       <nameOfIssuer>Verizon Communications, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
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       <value>1207</value>
       <shrsOrPrnAmt>
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           <Sole>20000</Sole>
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       <nameOfIssuer>Viad Corp.</nameOfIssuer>
       <titleOfClass>COM NEW</titleOfClass>
       <cusip>92552R406</cusip>
       <value>255</value>
       <shrsOrPrnAmt>
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       <nameOfIssuer>Viavi Solutions, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>925550105</cusip>
       <value>492</value>
       <shrsOrPrnAmt>
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       <nameOfIssuer>Virtu Financial, Inc.</nameOfIssuer>
       <titleOfClass>CL A</titleOfClass>
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       <nameOfIssuer>Waste Connections, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
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       <nameOfIssuer>Weis Markets, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
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       <nameOfIssuer>Western Digital Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
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       <nameOfIssuer>Westlake Chemical Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
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       <nameOfIssuer>World Fuel Services Corp.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>981475106</cusip>
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       <titleOfClass>CL A</titleOfClass>
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       <titleOfClass>COM</titleOfClass>
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       <nameOfIssuer>Xylem, Inc.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
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       <nameOfIssuer>Aircastle Ltd.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
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       <nameOfIssuer>Argo Group International Holdings Ltd.</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
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       <value>481</value>
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       <titleOfClass>COM</titleOfClass>
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       <cusip>G491BT108</cusip>
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       <shrsOrPrnAmt>
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       <nameOfIssuer>Johnson Controls International PLC</nameOfIssuer>
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       <cusip>G51502105</cusip>
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           <sshPrnamt>5300</sshPrnamt>
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           <Sole>5300</Sole>
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       <nameOfIssuer>Lazard Ltd.</nameOfIssuer>
       <titleOfClass>SHS A</titleOfClass>
       <cusip>G54050102</cusip>
       <value>700</value>
       <shrsOrPrnAmt>
           <sshPrnamt>20000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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           <Sole>20000</Sole>
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           <None>0</None>
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       <nameOfIssuer>Pagseguro Digital Ltd.</nameOfIssuer>
       <titleOfClass>COM CL A</titleOfClass>
       <cusip>G68707101</cusip>
       <value>255</value>
       <shrsOrPrnAmt>
           <sshPrnamt>5500</sshPrnamt>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>5500</Sole>
           <Shared>0</Shared>
           <None>0</None>
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       <nameOfIssuer>Sensata Technologies Holding NV</nameOfIssuer>
       <titleOfClass>SHS</titleOfClass>
       <cusip>G8060N102</cusip>
       <value>325</value>
       <shrsOrPrnAmt>
           <sshPrnamt>6500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <votingAuthority>
           <Sole>6500</Sole>
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           <None>0</None>
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       <nameOfIssuer>Garmin Ltd.</nameOfIssuer>
       <titleOfClass>SHS</titleOfClass>
       <cusip>H2906T109</cusip>
       <value>220</value>
       <shrsOrPrnAmt>
           <sshPrnamt>2600</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>2600</Sole>
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           <None>0</None>
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       <nameOfIssuer>Logitech International S.A.</nameOfIssuer>
       <titleOfClass>SHS</titleOfClass>
       <cusip>H50430232</cusip>
       <value>306</value>
       <shrsOrPrnAmt>
           <sshPrnamt>7500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>7500</Sole>
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           <None>0</None>
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       <nameOfIssuer>AudioCodes Ltd.</nameOfIssuer>
       <titleOfClass>ORD</titleOfClass>
       <cusip>M15342104</cusip>
       <value>775</value>
       <shrsOrPrnAmt>
           <sshPrnamt>41000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>41000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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       <nameOfIssuer>Ituran Location and Control Ltd.</nameOfIssuer>
       <titleOfClass>SHS</titleOfClass>
       <cusip>M6158M104</cusip>
       <value>578</value>
       <shrsOrPrnAmt>
           <sshPrnamt>23300</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>23300</Sole>
           <Shared>0</Shared>
           <None>0</None>
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       <nameOfIssuer>ASML Holding NV - NY Reg Shares</nameOfIssuer>
       <titleOfClass>N Y REGISTRY SHS</titleOfClass>
       <cusip>N07059210</cusip>
       <value>373</value>
       <shrsOrPrnAmt>
           <sshPrnamt>1500</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>1500</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>Lyondellbasell Industries NV</nameOfIssuer>
       <titleOfClass>SHS - A -</titleOfClass>
       <cusip>N53745100</cusip>
       <value>895</value>
       <shrsOrPrnAmt>
           <sshPrnamt>10000</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>10000</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>NXP Semiconductors NV</nameOfIssuer>
       <titleOfClass>COM</titleOfClass>
       <cusip>N6596X109</cusip>
       <value>338</value>
       <shrsOrPrnAmt>
           <sshPrnamt>3100</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
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       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>3100</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
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   <infoTable>
       <nameOfIssuer>Sinovac Biotech Ltd.</nameOfIssuer>
       <titleOfClass>SHS</titleOfClass>
       <cusip>P8696W104</cusip>
       <value>485</value>
       <shrsOrPrnAmt>
           <sshPrnamt>74893</sshPrnamt>
           <sshPrnamtType>SH</sshPrnamtType>
       </shrsOrPrnAmt>
       <investmentDiscretion>SOLE</investmentDiscretion>
       <votingAuthority>
           <Sole>74893</Sole>
           <Shared>0</Shared>
           <None>0</None>
       </votingAuthority>
   </infoTable>
</informationTable>
