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		<isConfidential>false</isConfidential>
		<filerInfo>

			<filer>
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					<ccc>XXXXXXXX</ccc>
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			<seriesClassInfo>
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				<classId>C000061360</classId>
				<classId>C000061361</classId>
				<classId>C000128850</classId>
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			<regName>PAX WORLD FUNDS SERIES TRUST I</regName>
			<regFileNumber>811-02064</regFileNumber>
			<regCik>0000076721</regCik>
			<regLei>549300TD5R23SWU72456</regLei>
			<regStreet1>30 Penhallow St.</regStreet1>
			<regStreet2>Suite 400</regStreet2>
			<regCity>Portsmouth</regCity>
			<regStateConditional regCountry="US" regState="US-NH"/>
			<regZipOrPostalCode>03801</regZipOrPostalCode>
			<regPhone>800-767-1729</regPhone>
			<seriesName>Pax Small Cap Fund</seriesName>
			<seriesId>S000021459</seriesId>
			<seriesLei>549300GOOKRMB3XGNR17</seriesLei>
			<repPdEnd>2021-12-31</repPdEnd>
			<repPdDate>2021-12-31</repPdDate>
			<isFinalFiling>N</isFinalFiling>
		</genInfo>
		<fundInfo>
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			<totLiabs>650914.78</totLiabs>
			<netAssets>740381921.4</netAssets>
			<assetsAttrMiscSec>0</assetsAttrMiscSec>
			<assetsInvested>0</assetsInvested>
			<amtPayOneYrBanksBorr>0</amtPayOneYrBanksBorr>
			<amtPayOneYrCtrldComp>0</amtPayOneYrCtrldComp>
			<amtPayOneYrOthAffil>0</amtPayOneYrOthAffil>
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			<amtPayAftOneYrOther>0</amtPayAftOneYrOther>
			<delayDeliv>0</delayDeliv>
			<standByCommit>0</standByCommit>
			<liquidPref>0</liquidPref>
			<cshNotRptdInCorD>0</cshNotRptdInCorD>
			<borrowers>
				<borrower aggrVal="124320" lei="G5GSEF7VJP5I7OUK5573" name="BARCLAYS BANK PLC"/>
				<borrower aggrVal="788836.3" lei="AC28XWWI3WIBK2824319" name="BARCLAYS CAPITAL INC."/>
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				<borrower aggrVal="972920.55" lei="N/A" name="WELLS FARGO SECURITIES, LLC"/>
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			<aggregateCondition isNonCashCollateral="Y">
				<aggregateInfos>
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				<monthlyReturnCats/>
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				<othMon2 netRealizedGain="2789842.44" netUnrealizedAppr="-21183149.43"/>
				<othMon3 netRealizedGain="5002752.33" netUnrealizedAppr="34432519.37"/>
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			<mon2Flow redemption="12547834.45" reinvestment="0" sales="17575235.43"/>
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				<lei>N/A</lei>
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					<ticker value="EGHT"/>
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				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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				<name>ALTUS GROUP LTD</name>
				<lei>N/A</lei>
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				<identifiers>
					<isin value="CA02215R1073"/>
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				<units>NS</units>
				<currencyConditional curCd="CAD" exchangeRt="1.264949999937"/>
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				<invCountry>CA</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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			<invstOrSec>
				<name>AZEK CO INC/THE</name>
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					<isin value="US05478C1053"/>
					<ticker value="AZEK"/>
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				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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			<invstOrSec>
				<name>BELDEN INC</name>
				<lei>N/A</lei>
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				<cusip>077454106</cusip>
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					<isin value="US0774541066"/>
					<ticker value="BDC"/>
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				<curCd>USD</curCd>
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				<assetCat>EC</assetCat>
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				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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			<invstOrSec>
				<name>BJ S WHOLESALE CLUB HOLDINGS</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>05550J101</cusip>
				<identifiers>
					<isin value="US05550J1016"/>
					<ticker value="BJ"/>
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				<balance>154955</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>10377336.35</valUSD>
				<pctVal>1.4016193602</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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				<name>BRIGHTSPHERE INVESTMENT GROU</name>
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				<title>COMMON STOCK USD.001</title>
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				<identifiers>
					<isin value="US10948W1036"/>
					<ticker value="BSIG"/>
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				<units>NS</units>
				<curCd>USD</curCd>
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				<pctVal>2.848242426</pctVal>
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				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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				<name>CARTER S INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
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					<isin value="US1462291097"/>
					<ticker value="CRI"/>
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				<curCd>USD</curCd>
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				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
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				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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				<name>CATCHMARK TIMBER TRUST INC A</name>
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					<ticker value="CTT"/>
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				<curCd>USD</curCd>
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				<assetCat>RE</assetCat>
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				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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			<invstOrSec>
				<name>COLFAX CORP</name>
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				<title>COMMON STOCK USD.001</title>
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				<identifiers>
					<isin value="US1940141062"/>
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				<assetCat>EC</assetCat>
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				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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				<name>COLUMBIA SPORTSWEAR CO</name>
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				<title>COMMON STOCK</title>
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				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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				<name>COMFORT SYSTEMS USA INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
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				<identifiers>
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					<ticker value="FIX"/>
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				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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				<title>COMMON STOCK USD.001</title>
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				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
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				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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			<invstOrSec>
				<name>CRYOPORT INC</name>
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				<title>COMMON STOCK USD.001</title>
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					<ticker value="CYRX"/>
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				<curCd>USD</curCd>
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				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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			</invstOrSec>
			<invstOrSec>
				<name>DARLING INGREDIENTS INC</name>
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				<title>COMMON STOCK USD.01</title>
				<cusip>237266101</cusip>
				<identifiers>
					<isin value="US2372661015"/>
					<ticker value="DAR"/>
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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>
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					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
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			</invstOrSec>
			<invstOrSec>
				<name>DECKERS OUTDOOR CORP</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>243537107</cusip>
				<identifiers>
					<isin value="US2435371073"/>
					<ticker value="DECK"/>
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				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>10256680</valUSD>
				<pctVal>1.3853228589</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>
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			</invstOrSec>
			<invstOrSec>
				<name>ELEMENT SOLUTIONS INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>28618M106</cusip>
				<identifiers>
					<isin value="US28618M1062"/>
					<ticker value="ESI"/>
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				<balance>586946</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>14251048.88</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>EVOQUA WATER TECHNOLOGIES CO</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>30057T105</cusip>
				<identifiers>
					<isin value="US30057T1051"/>
					<ticker value="AQUA"/>
				</identifiers>
				<balance>314343</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>14695535.25</valUSD>
				<pctVal>1.9848587364</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>EXTREME NETWORKS INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>30226D106</cusip>
				<identifiers>
					<isin value="US30226D1063"/>
					<ticker value="EXTR"/>
				</identifiers>
				<balance>636784</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>9997508.8</valUSD>
				<pctVal>1.3503177902</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>FOX FACTORY HOLDING CORP</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>35138V102</cusip>
				<identifiers>
					<isin value="US35138V1026"/>
					<ticker value="FOXF"/>
				</identifiers>
				<balance>72331</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>12303503.1</valUSD>
				<pctVal>1.6617778939</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>GATES INDUSTRIAL CORP PLC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>G39108108</cusip>
				<identifiers>
					<isin value="GB00BD9G2S12"/>
					<ticker value="GTES"/>
				</identifiers>
				<balance>597713</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>9509613.83</valUSD>
				<pctVal>1.284420048</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>GRAFTECH INTERNATIONAL LTD</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>384313508</cusip>
				<identifiers>
					<isin value="US3843135084"/>
					<ticker value="EAF"/>
				</identifiers>
				<balance>600000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>7098000</valUSD>
				<pctVal>0.9586943974</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>GRAPHIC PACKAGING HOLDING CO</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>388689101</cusip>
				<identifiers>
					<isin value="US3886891015"/>
					<ticker value="GPK"/>
				</identifiers>
				<balance>733585</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>14304907.5</valUSD>
				<pctVal>1.9320984328</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>GREAT LAKES DREDGE + DOCK CO</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.0001</title>
				<cusip>390607109</cusip>
				<identifiers>
					<isin value="US3906071093"/>
					<ticker value="GLDD"/>
				</identifiers>
				<balance>476704</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>7493786.88</valUSD>
				<pctVal>1.0121515212</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>HANNON ARMSTRONG SUSTAINABLE</name>
				<lei>N/A</lei>
				<title>REIT USD.01</title>
				<cusip>41068X100</cusip>
				<identifiers>
					<isin value="US41068X1000"/>
					<ticker value="HASI"/>
				</identifiers>
				<balance>213505</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>11341385.6</valUSD>
				<pctVal>1.5318290834</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>RE</assetCat>
				<issuerCat>RF</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<nonCashCollateralCondition isNonCashCollateral="Y" nonCashCollateralVal="1864675.5"/>
					<loanByFundCondition isLoanByFund="Y" loanVal="1809160.96"/>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>HEALTH CATALYST INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>42225T107</cusip>
				<identifiers>
					<isin value="US42225T1079"/>
					<ticker value="HCAT"/>
				</identifiers>
				<balance>385056</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>15255918.72</valUSD>
				<pctVal>2.0605471688</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>HEALTHCARE REALTY TRUST INC</name>
				<lei>N/A</lei>
				<title>REIT USD.01</title>
				<cusip>421946104</cusip>
				<identifiers>
					<isin value="US4219461047"/>
					<ticker value="HR"/>
				</identifiers>
				<balance>421352</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>13331577.28</valUSD>
				<pctVal>1.8006351715</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>RE</assetCat>
				<issuerCat>RF</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>HERC HOLDINGS INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>42704L104</cusip>
				<identifiers>
					<isin value="US42704L1044"/>
					<ticker value="HRI"/>
				</identifiers>
				<balance>45000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>7044750</valUSD>
				<pctVal>0.9515021635</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>HOMETRUST BANCSHARES INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK</title>
				<cusip>437872104</cusip>
				<identifiers>
					<isin value="US4378721041"/>
					<ticker value="HTBI"/>
				</identifiers>
				<balance>762236</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>23614071.28</valUSD>
				<pctVal>3.1894446093</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>INDEPENDENT BANK CORP/MA</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>453836108</cusip>
				<identifiers>
					<isin value="US4538361084"/>
					<ticker value="INDB"/>
				</identifiers>
				<balance>275000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>22420750</valUSD>
				<pctVal>3.0282681616</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>KARUNA THERAPEUTICS INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.00001</title>
				<cusip>48576A100</cusip>
				<identifiers>
					<isin value="US48576A1007"/>
					<ticker value="KRTX"/>
				</identifiers>
				<balance>99463</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>13029653</valUSD>
				<pctVal>1.7598556398</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>LESLIE S INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>527064109</cusip>
				<identifiers>
					<isin value="US5270641096"/>
					<ticker value="LESL"/>
				</identifiers>
				<balance>346021</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>8186856.86</valUSD>
				<pctVal>1.1057613136</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>LIGAND PHARMACEUTICALS</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>53220K504</cusip>
				<identifiers>
					<isin value="US53220K5048"/>
					<ticker value="LGND"/>
				</identifiers>
				<balance>134820</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>20824297.2</valUSD>
				<pctVal>2.8126425833</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>MITEK SYSTEMS INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>606710200</cusip>
				<identifiers>
					<isin value="US6067102003"/>
					<ticker value="MITK"/>
				</identifiers>
				<balance>452579</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>8033277.25</valUSD>
				<pctVal>1.0850180181</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>MSA SAFETY INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK</title>
				<cusip>553498106</cusip>
				<identifiers>
					<isin value="US5534981064"/>
					<ticker value="MSA"/>
				</identifiers>
				<balance>60089</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>9071035.44</valUSD>
				<pctVal>1.2251832707</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>NAPCO SECURITY TECHNOLOGIES</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>630402105</cusip>
				<identifiers>
					<isin value="US6304021057"/>
					<ticker value="NSSC"/>
				</identifiers>
				<balance>13901</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>694771.98</valUSD>
				<pctVal>0.0938396738</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>NATIONAL VISION HOLDINGS INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>63845R107</cusip>
				<identifiers>
					<isin value="US63845R1077"/>
					<ticker value="EYE"/>
				</identifiers>
				<balance>210669</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>10110005.31</valUSD>
				<pctVal>1.3655121793</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>NATUS MEDICAL INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>639050103</cusip>
				<identifiers>
					<isin value="US6390501038"/>
					<ticker value="NTUS"/>
				</identifiers>
				<balance>656049</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>15568042.77</valUSD>
				<pctVal>2.1027043368</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>OMNICELL INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>68213N109</cusip>
				<identifiers>
					<isin value="US68213N1090"/>
					<ticker value="OMCL"/>
				</identifiers>
				<balance>83163</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>15005931.72</valUSD>
				<pctVal>2.0267825681</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>ONTO INNOVATION INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK</title>
				<cusip>683344105</cusip>
				<identifiers>
					<isin value="US6833441057"/>
					<ticker value="ONTO"/>
				</identifiers>
				<balance>177557</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>17974095.11</valUSD>
				<pctVal>2.4276788223</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>PACIRA BIOSCIENCES INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>695127100</cusip>
				<identifiers>
					<isin value="US6951271005"/>
					<ticker value="PCRX"/>
				</identifiers>
				<balance>258936</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>15580179.12</valUSD>
				<pctVal>2.1043435381</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>PLANET FITNESS INC   CL A</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.0001</title>
				<cusip>72703H101</cusip>
				<identifiers>
					<isin value="US72703H1014"/>
					<ticker value="PLNT"/>
				</identifiers>
				<balance>114271</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>10350667.18</valUSD>
				<pctVal>1.3980172774</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>QUINSTREET INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>74874Q100</cusip>
				<identifiers>
					<isin value="US74874Q1004"/>
					<ticker value="QNST"/>
				</identifiers>
				<balance>896390</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>16305334.1</valUSD>
				<pctVal>2.2022869047</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>R1 RCM INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>749397105</cusip>
				<identifiers>
					<isin value="US7493971052"/>
					<ticker value="RCM"/>
				</identifiers>
				<balance>150000</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>3823500</valUSD>
				<pctVal>0.5164226583</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>RAYONIER INC</name>
				<lei>N/A</lei>
				<title>REIT</title>
				<cusip>754907103</cusip>
				<identifiers>
					<isin value="US7549071030"/>
					<ticker value="RYN"/>
				</identifiers>
				<balance>461676</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>18633243.36</valUSD>
				<pctVal>2.5167069618</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>RE</assetCat>
				<issuerCat>RF</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>RIBBON COMMUNICATIONS INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>762544104</cusip>
				<identifiers>
					<isin value="US7625441040"/>
					<ticker value="RBBN"/>
				</identifiers>
				<balance>1087819</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>6581304.95</valUSD>
				<pctVal>0.8889067601</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>SI BONE INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.0001</title>
				<cusip>825704109</cusip>
				<identifiers>
					<isin value="US8257041090"/>
					<ticker value="SIBN"/>
				</identifiers>
				<balance>645343</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>14333068.03</valUSD>
				<pctVal>1.9359019468</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>SIMPLY GOOD FOODS CO/THE</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.0001</title>
				<cusip>82900L102</cusip>
				<identifiers>
					<isin value="US82900L1026"/>
					<ticker value="SMPL"/>
				</identifiers>
				<balance>258620</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>10750833.4</valUSD>
				<pctVal>1.4520658986</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>SPROUT SOCIAL INC   CLASS A</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.0001</title>
				<cusip>85209W109</cusip>
				<identifiers>
					<isin value="US85209W1099"/>
					<ticker value="SPT"/>
				</identifiers>
				<balance>51724</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>4690849.56</valUSD>
				<pctVal>0.6335715966</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>SSC GOVERNMENT MM GVMXX</name>
				<lei>N/A</lei>
				<title>SSC GOVERNMENT MM GVMXX</title>
				<cusip>7839989D1</cusip>
				<identifiers>
					<other otherDesc="Additional identifier not available." value="N/A"/>
				</identifiers>
				<balance>28631949.97</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>28631949.97</valUSD>
				<pctVal>3.8671865347</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>STIV</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>STERICYCLE INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>858912108</cusip>
				<identifiers>
					<isin value="US8589121081"/>
					<ticker value="SRCL"/>
				</identifiers>
				<balance>137906</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>8224713.84</valUSD>
				<pctVal>1.1108744828</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>SURO CAPITAL CORP</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>86887Q109</cusip>
				<identifiers>
					<isin value="US86887Q1094"/>
					<ticker value="SSSS"/>
				</identifiers>
				<balance>703800</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>9114210</valUSD>
				<pctVal>1.231014661</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<cashCollateralCondition cashCollateralVal="8711742.5" isCashCollateral="Y"/>
					<nonCashCollateralCondition isNonCashCollateral="Y" nonCashCollateralVal="965143.25"/>
					<loanByFundCondition isLoanByFund="Y" loanVal="9457786.45"/>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>VERRA MOBILITY CORP</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.0001</title>
				<cusip>92511U102</cusip>
				<identifiers>
					<isin value="US92511U1025"/>
					<ticker value="VRRM"/>
				</identifiers>
				<balance>548661</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>8465839.23</valUSD>
				<pctVal>1.1434421864</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>VERTIV HOLDINGS CO</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.0001</title>
				<cusip>92537N108</cusip>
				<identifiers>
					<isin value="US92537N1081"/>
					<ticker value="VRT"/>
				</identifiers>
				<balance>561461</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>14019681.17</valUSD>
				<pctVal>1.8935742169</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>VICTORY CAPITAL HOLDING   A</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>92645B103</cusip>
				<identifiers>
					<isin value="US92645B1035"/>
					<ticker value="VCTR"/>
				</identifiers>
				<balance>972198</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>35514392.94</valUSD>
				<pctVal>4.79676663</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>VOCERA COMMUNICATIONS INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.0003</title>
				<cusip>92857F107</cusip>
				<identifiers>
					<isin value="US92857F1075"/>
					<ticker value="VCRA"/>
				</identifiers>
				<balance>256724</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>16645984.16</valUSD>
				<pctVal>2.2482969504</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>VOYA FINANCIAL INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>929089100</cusip>
				<identifiers>
					<isin value="US9290891004"/>
					<ticker value="VOYA"/>
				</identifiers>
				<balance>246040</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>16314912.4</valUSD>
				<pctVal>2.2035806019</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<nonCashCollateralCondition isNonCashCollateral="Y" nonCashCollateralVal="419628"/>
					<loanByFundCondition isLoanByFund="Y" loanVal="409199.01"/>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>WORKIVA INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>98139A105</cusip>
				<identifiers>
					<isin value="US98139A1051"/>
					<ticker value="WK"/>
				</identifiers>
				<balance>96814</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>12633258.86</valUSD>
				<pctVal>1.7063164962</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>2022-02-25</ncom:dateSigned>
			<ncom:nameOfApplicant>PAX WORLD FUNDS SERIES TRUST I</ncom:nameOfApplicant>
			<ncom:signature>/s/ Alicia DuBois</ncom:signature>
			<ncom:signerName>Alicia DuBois</ncom:signerName>
			<ncom:title>Treasurer</ncom:title>
		</signature>
	</formData>
</edgarSubmission>
