<?xml version="1.0" encoding="UTF-8"?><edgarSubmission xmlns="http://www.sec.gov/edgar/nport" xmlns:com="http://www.sec.gov/edgar/common" xmlns:ncom="http://www.sec.gov/edgar/nportcommon" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xsi:schemaLocation="http://www.sec.gov/edgar/nport eis_NPORT_Filer.xsd">
  <headerData>
    <submissionType>NPORT-P</submissionType>
    <isConfidential>false</isConfidential>
    <filerInfo>

      <filer>
        <issuerCredentials>
          <cik>0000795259</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000009397</seriesId>
        <classId>C000025741</classId>
      </seriesClassInfo>


    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>Mutual of America Investment Corp</regName>
      <regFileNumber>811-05084</regFileNumber>
      <regCik>0000795259</regCik>
      <regLei>2549004TRCWJFA4VU540</regLei>
      <regStreet1>320 Park Ave</regStreet1>
      <regStreet2>NULL</regStreet2>
      <regCity>NY</regCity>
      <regStateConditional regCountry="US" regState="US-NY"/>
      <regZipOrPostalCode>10022</regZipOrPostalCode>
      <regPhone>212-224-1600</regPhone>
      <seriesName>INV CORP SMALL CAP VALUE</seriesName>
      <seriesId>S000009397</seriesId>
      <seriesLei>254900UNOPDMPRQC9445</seriesLei>
      <repPdEnd>2021-12-31</repPdEnd>
      <repPdDate>2021-03-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>538880587.23</totAssets>
      <totLiabs>1826145.63</totLiabs>
      <netAssets>537054441.60</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>0.00000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>11481753.41000000</cshNotRptdInCorD>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000025741" rtn1="2.23000000" rtn2="10.69000000" rtn3="5.58000000"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <commodityContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </commodityContracts>
          <creditContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </creditContracts>
          <equityContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </equityContracts>
          <foreignExchgContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </foreignExchgContracts>
          <interestRtContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </interestRtContracts>
          <otherContracts>
            <mon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <mon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            <forwardCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </forwardCategory>
            <futureCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </futureCategory>
            <optionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </optionCategory>
            <swaptionCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swaptionCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </swapCategory>
            <warrantCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </warrantCategory>
            <otherCategory>
              <instrMon1 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon2 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
              <instrMon3 netRealizedGain="0.00000000" netUnrealizedAppr="0.00000000"/>
            </otherCategory>
          </otherContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="5761132.03000000" netUnrealizedAppr="4339638.79000000"/>
        <othMon2 netRealizedGain="2976083.00000000" netUnrealizedAppr="48036792.03000000"/>
        <othMon3 netRealizedGain="21999033.82000000" netUnrealizedAppr="7252987.54000000"/>
      </returnInfo>
      <mon1Flow redemption="2470746.71000000" reinvestment="0.00000000" sales="3285315.46000000"/>
      <mon2Flow redemption="1775556.81000000" reinvestment="0.00000000" sales="2908943.64000000"/>
      <mon3Flow redemption="38674517.12000000" reinvestment="0.00000000" sales="9748246.38000000"/>

    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>MANTECH INTERNATIONAL CORP-A</name>
        <lei>5299007N03CAU4SWNR02</lei>
        <title>MANTECH INTERNATIONAL CORP-A 0.00000000</title>
        <cusip>564563104</cusip>
        <identifiers>
          <isin value="US5645631046"/>
        </identifiers>
        <balance>40039.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3481391.05000000</valUSD>
        <pctVal>0.648238014683</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>II-VI INC</name>
        <lei>549300O5C25A0MMHHU33</lei>
        <title>II-VI INC 0.00000000</title>
        <cusip>902104108</cusip>
        <identifiers>
          <isin value="US9021041085"/>
        </identifiers>
        <balance>53356.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3647949.72000000</valUSD>
        <pctVal>0.679251382621</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>BLOOMIN' BRANDS INC</name>
        <lei>E1UJ2GO305B5FXGV7N04</lei>
        <title>BLOOMIN' BRANDS INC 0.00000000</title>
        <cusip>094235108</cusip>
        <identifiers>
          <isin value="US0942351083"/>
        </identifiers>
        <balance>338019.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9143413.95000000</valUSD>
        <pctVal>1.702511559677</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>TEGNA INC</name>
        <lei>549300YC5EDBGX85AO10</lei>
        <title>TEGNA INC 0.00000000</title>
        <cusip>87901J105</cusip>
        <identifiers>
          <isin value="US87901J1051"/>
        </identifiers>
        <balance>565942.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10656687.86000000</valUSD>
        <pctVal>1.984284466254</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>FIRST INTERSTATE BANCSYS-A</name>
        <lei>549300WRWYTYX0RCNJ43</lei>
        <title>FIRST INTERSTATE BANCSYS-A 0.00000000</title>
        <cusip>32055Y201</cusip>
        <identifiers>
          <isin value="US32055Y2019"/>
        </identifiers>
        <balance>194486.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8954135.44000000</valUSD>
        <pctVal>1.667267737945</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>MOELIS &amp; CO - CLASS A</name>
        <lei>549300891QNU7VTQUR83</lei>
        <title>MOELIS &amp; CO - CLASS A 0.00000000</title>
        <cusip>60786M105</cusip>
        <identifiers>
          <isin value="US60786M1053"/>
        </identifiers>
        <balance>80857.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4437432.16000000</valUSD>
        <pctVal>0.826253693532</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>ENTERPRISE FINANCIAL SERVICE</name>
        <lei>5493001XTU5DLD632129</lei>
        <title>ENTERPRISE FINANCIAL SERVICE 0.00000000</title>
        <cusip>293712105</cusip>
        <identifiers>
          <isin value="US2937121059"/>
        </identifiers>
        <balance>118859.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5876388.96000000</valUSD>
        <pctVal>1.094188690162</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>AVISTA CORP</name>
        <lei>Q0IK63NITJD6RJ47SW96</lei>
        <title>AVISTA CORP 0.00000000</title>
        <cusip>05379B107</cusip>
        <identifiers>
          <isin value="US05379B1070"/>
        </identifiers>
        <balance>104438.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4986914.50000000</valUSD>
        <pctVal>0.928567778928</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>EASTERLY GOVERNMENT PROPERTI</name>
        <lei>549300ERMCEFC6S8HL77</lei>
        <title>EASTERLY GOVERNMENT PROPERTI 0.00000000</title>
        <cusip>27616P103</cusip>
        <identifiers>
          <isin value="US27616P1030"/>
        </identifiers>
        <balance>244114.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5060483.22000000</valUSD>
        <pctVal>0.942266338012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RE</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>BRYN MAWR BANK CORP</name>
        <lei>4NOIGQXI7NPP6IUQF087</lei>
        <title>BRYN MAWR BANK CORP 0.00000000</title>
        <cusip>117665109</cusip>
        <identifiers>
          <isin value="US1176651099"/>
        </identifiers>
        <balance>93822.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4269839.22000000</valUSD>
        <pctVal>0.795047743628</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>BOISE CASCADE CO</name>
        <lei>549300Z8B8LSRHC7XA55</lei>
        <title>BOISE CASCADE CO 0.00000000</title>
        <cusip>09739D100</cusip>
        <identifiers>
          <isin value="US09739D1000"/>
        </identifiers>
        <balance>79690.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4767852.70000000</valUSD>
        <pctVal>0.887778282923</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>TAYLOR MORRISON HOME CORP</name>
        <lei>5299009UDLLGLKOOJE30</lei>
        <title>TAYLOR MORRISON HOME CORP 0.00000000</title>
        <cusip>87724P106</cusip>
        <identifiers>
          <isin value="US87724P1066"/>
        </identifiers>
        <balance>162538.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5007795.78000000</valUSD>
        <pctVal>0.932455891265</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>COUSINS PROPERTIES INC</name>
        <lei>5493007XPYD5EJABN062</lei>
        <title>COUSINS PROPERTIES INC 0.00000000</title>
        <cusip>222795502</cusip>
        <identifiers>
          <isin value="US2227955026"/>
        </identifiers>
        <balance>124640.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4406024.00000000</valUSD>
        <pctVal>0.820405467064</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RE</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>UMB FINANCIAL CORP</name>
        <lei>549300MGEH3N3CUCV828</lei>
        <title>UMB FINANCIAL CORP 0.00000000</title>
        <cusip>902788108</cusip>
        <identifiers>
          <isin value="US9027881088"/>
        </identifiers>
        <balance>71274.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6580728.42000000</valUSD>
        <pctVal>1.225337304798</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>INDUSTRIAL LOGISTICS PROPERT</name>
        <lei>5493004XH9PJW009HR47</lei>
        <title>INDUSTRIAL LOGISTICS PROPERT 0.00000000</title>
        <cusip>456237106</cusip>
        <identifiers>
          <isin value="US4562371066"/>
        </identifiers>
        <balance>146397.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3386162.61000000</valUSD>
        <pctVal>0.630506397063</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RE</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>BANK OF MARIN BANCORP/CA</name>
        <lei>N/A</lei>
        <title>BANK OF MARIN BANCORP/CA 0.00000000</title>
        <cusip>063425102</cusip>
        <identifiers>
          <isin value="US0634251021"/>
        </identifiers>
        <balance>71480.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2799156.80000000</valUSD>
        <pctVal>0.521205409205</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>INVESTORS BANCORP INC</name>
        <lei>N/A</lei>
        <title>INVESTORS BANCORP INC 0.00000000</title>
        <cusip>46146L101</cusip>
        <identifiers>
          <isin value="US46146L1017"/>
        </identifiers>
        <balance>276211.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4057539.59000000</valUSD>
        <pctVal>0.755517369507</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>ARCOSA INC</name>
        <lei>549300WFHLTCZV7D6V29</lei>
        <title>ARCOSA INC 0.00000000</title>
        <cusip>039653100</cusip>
        <identifiers>
          <isin value="US0396531008"/>
        </identifiers>
        <balance>108715.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7076259.35000000</valUSD>
        <pctVal>1.317605591142</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>PDC ENERGY INC</name>
        <lei>5493008W8H2T511J5Y59</lei>
        <title>PDC ENERGY INC 0.00000000</title>
        <cusip>69327R101</cusip>
        <identifiers>
          <isin value="US69327R1014"/>
        </identifiers>
        <balance>165115.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5679956.00000000</valUSD>
        <pctVal>1.057612703672</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>MATERION CORP</name>
        <lei>549300CJ5RI351SUYT02</lei>
        <title>MATERION CORP 0.00000000</title>
        <cusip>576690101</cusip>
        <identifiers>
          <isin value="US5766901012"/>
        </identifiers>
        <balance>120424.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7976885.76000000</valUSD>
        <pctVal>1.485303005079</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>AMERICAN EQUITY INVT LIFE HL</name>
        <lei>549300RK5RZQ740FPL83</lei>
        <title>AMERICAN EQUITY INVT LIFE HL 0.00000000</title>
        <cusip>025676206</cusip>
        <identifiers>
          <isin value="US0256762065"/>
        </identifiers>
        <balance>135214.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4263297.42000000</valUSD>
        <pctVal>0.793829654829</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>WERNER ENTERPRISES INC</name>
        <lei>549300P6XRGOCHHJST37</lei>
        <title>WERNER ENTERPRISES INC 0.00000000</title>
        <cusip>950755108</cusip>
        <identifiers>
          <isin value="US9507551086"/>
        </identifiers>
        <balance>107654.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5078039.18000000</valUSD>
        <pctVal>0.945535272899</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>CAPRI HOLDINGS LTD</name>
        <lei>549300LPG8W0H1OX3A26</lei>
        <title>CAPRI HOLDINGS LTD 0.00000000</title>
        <cusip>G1890L107</cusip>
        <identifiers>
          <isin value="VGG1890L1076"/>
        </identifiers>
        <balance>165806.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8456106.00000000</valUSD>
        <pctVal>1.574534226885</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>VG</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>STIFEL FINANCIAL CORP</name>
        <lei>549300E5F07FE5GHJX84</lei>
        <title>STIFEL FINANCIAL CORP 0.00000000</title>
        <cusip>860630102</cusip>
        <identifiers>
          <isin value="US8606301021"/>
        </identifiers>
        <balance>62980.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4034498.80000000</valUSD>
        <pctVal>0.751227154547</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>EQUITY COMMONWEALTH</name>
        <lei>549300YPGVU9PR4L0606</lei>
        <title>EQUITY COMMONWEALTH 0.00000000</title>
        <cusip>294628102</cusip>
        <identifiers>
          <isin value="US2946281027"/>
        </identifiers>
        <balance>149136.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4145980.80000000</valUSD>
        <pctVal>0.771985199051</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RE</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>COEUR MINING INC</name>
        <lei>5493003AVK173D48DR70</lei>
        <title>COEUR MINING INC 0.00000000</title>
        <cusip>192108504</cusip>
        <identifiers>
          <isin value="US1921085049"/>
        </identifiers>
        <balance>506659.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4575130.77000000</valUSD>
        <pctVal>0.851893293419</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>FERRO CORP</name>
        <lei>1YTO5R7OHOPE81ZNYD08</lei>
        <title>FERRO CORP 0.00000000</title>
        <cusip>315405100</cusip>
        <identifiers>
          <isin value="US3154051003"/>
        </identifiers>
        <balance>628825.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10601989.50000000</valUSD>
        <pctVal>1.974099584469</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>DIME COMMUNITY BANCSHARES IN</name>
        <lei>N/A</lei>
        <title>DIME COMMUNITY BANCSHARES IN 0.00000000</title>
        <cusip>25432X102</cusip>
        <identifiers>
          <isin value="US25432X1028"/>
        </identifiers>
        <balance>98084.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2956251.76000000</valUSD>
        <pctVal>0.550456626183</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>SPIRE INC</name>
        <lei>549300NXSY15DRY2R511</lei>
        <title>SPIRE INC 0.00000000</title>
        <cusip>84857L101</cusip>
        <identifiers>
          <isin value="US84857L1017"/>
        </identifiers>
        <balance>51768.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3825137.52000000</valUSD>
        <pctVal>0.712243903728</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>ALEXANDER'S INC</name>
        <lei>549300TZM28P04U5R635</lei>
        <title>ALEXANDER'S INC 0.00000000</title>
        <cusip>014752109</cusip>
        <identifiers>
          <isin value="US0147521092"/>
        </identifiers>
        <balance>5715.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1584769.50000000</valUSD>
        <pctVal>0.295085447069</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RE</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>HANNON ARMSTRONG SUSTAINABLE 0.00000000</title>
        <cusip>41068X100</cusip>
        <identifiers>
          <isin value="US41068X1000"/>
        </identifiers>
        <balance>36961.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2073512.10000000</valUSD>
        <pctVal>0.386089740515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RE</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>PLEXUS CORP</name>
        <lei>549300W7HCBI5YT25I79</lei>
        <title>PLEXUS CORP 0.00000000</title>
        <cusip>729132100</cusip>
        <identifiers>
          <isin value="US7291321005"/>
        </identifiers>
        <balance>25250.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2318960.00000000</valUSD>
        <pctVal>0.431792351086</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>SEASPINE HOLDINGS CORP</name>
        <lei>5493006QNC6E00LJ7M10</lei>
        <title>SEASPINE HOLDINGS CORP 0.00000000</title>
        <cusip>81255T108</cusip>
        <identifiers>
          <isin value="US81255T1088"/>
        </identifiers>
        <balance>190916.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3321938.40000000</valUSD>
        <pctVal>0.618547793795</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>DELUXE CORP</name>
        <lei>KWGNKB8TX9LE5TV29231</lei>
        <title>DELUXE CORP 0.00000000</title>
        <cusip>248019101</cusip>
        <identifiers>
          <isin value="US2480191012"/>
        </identifiers>
        <balance>247591.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10388918.36000000</valUSD>
        <pctVal>1.934425554520</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>ORBCOMM INC</name>
        <lei>529900PSC8WVCY267I23</lei>
        <title>ORBCOMM INC 0.00000000</title>
        <cusip>68555P100</cusip>
        <identifiers>
          <isin value="US68555P1003"/>
        </identifiers>
        <balance>527395.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4024023.85000000</valUSD>
        <pctVal>0.749276709826</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>OXFORD INDUSTRIES INC</name>
        <lei>IDZ20O0XD3GS4UOI2L88</lei>
        <title>OXFORD INDUSTRIES INC 0.00000000</title>
        <cusip>691497309</cusip>
        <identifiers>
          <isin value="US6914973093"/>
        </identifiers>
        <balance>62816.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5491374.72000000</valUSD>
        <pctVal>1.022498706767</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>MILLER INDUSTRIES INC/TENN</name>
        <lei>549300F1O74SPUJ7UU94</lei>
        <title>MILLER INDUSTRIES INC/TENN 0.00000000</title>
        <cusip>600551204</cusip>
        <identifiers>
          <isin value="US6005512040"/>
        </identifiers>
        <balance>297151.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13725404.69000000</valUSD>
        <pctVal>2.555682185424</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>ELLINGTON FINANCIAL INC</name>
        <lei>60GS1D1R1YY5G1W7IT74</lei>
        <title>ELLINGTON FINANCIAL INC 0.00000000</title>
        <cusip>28852N109</cusip>
        <identifiers>
          <isin value="US28852N1090"/>
        </identifiers>
        <balance>389910.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6242459.10000000</valUSD>
        <pctVal>1.162351265805</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RE</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>HIGHWOODS PROPERTIES INC</name>
        <lei>ZIIGTYKL9T0X3HLTDX53</lei>
        <title>HIGHWOODS PROPERTIES INC 0.00000000</title>
        <cusip>431284108</cusip>
        <identifiers>
          <isin value="US4312841087"/>
        </identifiers>
        <balance>98813.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4243030.22000000</valUSD>
        <pctVal>0.790055884717</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RE</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>RENEWABLE ENERGY GROUP INC</name>
        <lei>549300HPU3BD8ZI0X358</lei>
        <title>RENEWABLE ENERGY GROUP INC 0.00000000</title>
        <cusip>75972A301</cusip>
        <identifiers>
          <isin value="US75972A3014"/>
        </identifiers>
        <balance>76584.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5057607.36000000</valUSD>
        <pctVal>0.941730850401</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>AVIENT CORP</name>
        <lei>SM8L9RZYIB34LNTWO040</lei>
        <title>AVIENT CORP 0.00000000</title>
        <cusip>05368V106</cusip>
        <identifiers>
          <isin value="US05368V1061"/>
        </identifiers>
        <balance>86517.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4089658.59000000</valUSD>
        <pctVal>0.761497954996</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>UFP INDUSTRIES INC</name>
        <lei>5493007KB485C9OV5572</lei>
        <title>UFP INDUSTRIES INC 0.00000000</title>
        <cusip>90278Q108</cusip>
        <identifiers>
          <isin value="US90278Q1085"/>
        </identifiers>
        <balance>133296.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10109168.64000000</valUSD>
        <pctVal>1.882335915495</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>SIENTRA INC</name>
        <lei>5493006T0OLHI64MOG63</lei>
        <title>SIENTRA INC 0.00000000</title>
        <cusip>82621J105</cusip>
        <identifiers>
          <isin value="US82621J1051"/>
        </identifiers>
        <balance>685381.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4996427.49000000</valUSD>
        <pctVal>0.930339105866</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>SYNAPTICS INC</name>
        <lei>549300AJ3LI4FWNRQX29</lei>
        <title>SYNAPTICS INC 0.00000000</title>
        <cusip>87157D109</cusip>
        <identifiers>
          <isin value="US87157D1090"/>
        </identifiers>
        <balance>26386.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3573192.12000000</valUSD>
        <pctVal>0.665331453056</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>VIASAT INC</name>
        <lei>UFC8NYMNFSYIHNSM2I38</lei>
        <title>VIASAT INC 0.00000000</title>
        <cusip>92552V100</cusip>
        <identifiers>
          <isin value="US92552V1008"/>
        </identifiers>
        <balance>102043.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4905207.01000000</valUSD>
        <pctVal>0.913353773853</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>BANNER CORPORATION</name>
        <lei>N/A</lei>
        <title>BANNER CORPORATION 0.00000000</title>
        <cusip>06652V208</cusip>
        <identifiers>
          <isin value="US06652V2088"/>
        </identifiers>
        <balance>129574.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6910181.42000000</valUSD>
        <pctVal>1.286681737406</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>NANOSTRING TECHNOLOGIES INC</name>
        <lei>549300G4CK0Y3WRDMY89</lei>
        <title>NANOSTRING TECHNOLOGIES INC 0.00000000</title>
        <cusip>63009R109</cusip>
        <identifiers>
          <isin value="US63009R1095"/>
        </identifiers>
        <balance>55934.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3675423.14000000</valUSD>
        <pctVal>0.684366957109</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>TREEHOUSE FOODS INC</name>
        <lei>5493007M7EVHE470Q576</lei>
        <title>TREEHOUSE FOODS INC 0.00000000</title>
        <cusip>89469A104</cusip>
        <identifiers>
          <isin value="US89469A1043"/>
        </identifiers>
        <balance>234614.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>12256235.36000000</valUSD>
        <pctVal>2.282121589663</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>STOCK YARDS BANCORP INC</name>
        <lei>549300YERP9H5TDIQW16</lei>
        <title>STOCK YARDS BANCORP INC 0.00000000</title>
        <cusip>861025104</cusip>
        <identifiers>
          <isin value="US8610251048"/>
        </identifiers>
        <balance>232462.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>11869509.72000000</valUSD>
        <pctVal>2.210112942114</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>EVERSPIN TECHNOLOGIES INC</name>
        <lei>549300MNDRV7X6PEDF15</lei>
        <title>EVERSPIN TECHNOLOGIES INC 0.00000000</title>
        <cusip>30041T104</cusip>
        <identifiers>
          <isin value="US30041T1043"/>
        </identifiers>
        <balance>105810.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>634860.00000000</valUSD>
        <pctVal>0.118211479288</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>KAISER ALUMINUM CORP</name>
        <lei>N/A</lei>
        <title>KAISER ALUMINUM CORP 0.00000000</title>
        <cusip>483007704</cusip>
        <identifiers>
          <isin value="US4830077040"/>
        </identifiers>
        <balance>49648.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5486104.00000000</valUSD>
        <pctVal>1.021517294160</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>ESSENT GROUP LTD</name>
        <lei>254900QUO860OUT6ZF83</lei>
        <title>ESSENT GROUP LTD 0.00000000</title>
        <cusip>G3198U102</cusip>
        <identifiers>
          <isin value="BMG3198U1027"/>
        </identifiers>
        <balance>116301.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5523134.49000000</valUSD>
        <pctVal>1.028412403320</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CHAMPIONX CORP</name>
        <lei>549300EP2909K6DYYP38</lei>
        <title>CHAMPIONX CORP 0.00000000</title>
        <cusip>15872M104</cusip>
        <identifiers>
          <isin value="US15872M1045"/>
        </identifiers>
        <balance>319439.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6941409.47000000</valUSD>
        <pctVal>1.292496427237</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>MUELLER INDUSTRIES INC</name>
        <lei>5493005IZFE4VJLLYG84</lei>
        <title>MUELLER INDUSTRIES INC 0.00000000</title>
        <cusip>624756102</cusip>
        <identifiers>
          <isin value="US6247561029"/>
        </identifiers>
        <balance>315313.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13038192.55000000</valUSD>
        <pctVal>2.427722692536</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>POTLATCHDELTIC CORP</name>
        <lei>54930084YA8UJOTXDM59</lei>
        <title>POTLATCHDELTIC CORP 0.00000000</title>
        <cusip>737630103</cusip>
        <identifiers>
          <isin value="US7376301039"/>
        </identifiers>
        <balance>83258.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4406013.36000000</valUSD>
        <pctVal>0.820403485887</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RE</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>SELECTIVE INSURANCE GROUP</name>
        <lei>549300R3WGJWLE40R258</lei>
        <title>SELECTIVE INSURANCE GROUP 0.00000000</title>
        <cusip>816300107</cusip>
        <identifiers>
          <isin value="US8163001071"/>
        </identifiers>
        <balance>104277.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7564253.58000000</valUSD>
        <pctVal>1.408470537449</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>HANCOCK WHITNEY CORP</name>
        <lei>549300GRNBWY8HIICT41</lei>
        <title>HANCOCK WHITNEY CORP 0.00000000</title>
        <cusip>410120109</cusip>
        <identifiers>
          <isin value="US4101201097"/>
        </identifiers>
        <balance>164798.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6923163.98000000</valUSD>
        <pctVal>1.289099101270</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>STEPAN CO</name>
        <lei>IZU1EW9GB3WC7CYCSR17</lei>
        <title>STEPAN CO 0.00000000</title>
        <cusip>858586100</cusip>
        <identifiers>
          <isin value="US8585861003"/>
        </identifiers>
        <balance>26462.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3363584.82000000</valUSD>
        <pctVal>0.626302393101</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>NORTHWESTERN CORP</name>
        <lei>3BPWMBHR1R9SHUN7J795</lei>
        <title>NORTHWESTERN CORP 0.00000000</title>
        <cusip>668074305</cusip>
        <identifiers>
          <isin value="US6680743050"/>
        </identifiers>
        <balance>65789.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4289442.80000000</valUSD>
        <pctVal>0.798697947124</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>SONIC AUTOMOTIVE INC-CLASS A</name>
        <lei>549300NTLRGJ2JCBZU03</lei>
        <title>SONIC AUTOMOTIVE INC-CLASS A 0.00000000</title>
        <cusip>83545G102</cusip>
        <identifiers>
          <isin value="US83545G1022"/>
        </identifiers>
        <balance>154706.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7668776.42000000</valUSD>
        <pctVal>1.427932780362</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>REXNORD CORP</name>
        <lei>549300AM3633XDFU1Q85</lei>
        <title>REXNORD CORP 0.00000000</title>
        <cusip>76169B102</cusip>
        <identifiers>
          <isin value="US76169B1026"/>
        </identifiers>
        <balance>144426.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6801020.34000000</valUSD>
        <pctVal>1.266355850207</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>SABRA HEALTH CARE REIT INC</name>
        <lei>549300E3BC7GU7TAZ621</lei>
        <title>SABRA HEALTH CARE REIT INC 0.00000000</title>
        <cusip>78573L106</cusip>
        <identifiers>
          <isin value="US78573L1061"/>
        </identifiers>
        <balance>147700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2564072.00000000</valUSD>
        <pctVal>0.477432416788</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RE</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>ECHOSTAR CORP-A</name>
        <lei>549300EE20907QZ9GT38</lei>
        <title>ECHOSTAR CORP-A 0.00000000</title>
        <cusip>278768106</cusip>
        <identifiers>
          <isin value="US2787681061"/>
        </identifiers>
        <balance>35118.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>842832.00000000</valUSD>
        <pctVal>0.156936044973</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>MARRIOTT VACATIONS WORLD</name>
        <lei>549300WA6BT5H4F7IO94</lei>
        <title>MARRIOTT VACATIONS WORLD 0.00000000</title>
        <cusip>57164Y107</cusip>
        <identifiers>
          <isin value="US57164Y1073"/>
        </identifiers>
        <balance>54054.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>9415125.72000000</valUSD>
        <pctVal>1.753104525483</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>PORTLAND GENERAL ELECTRIC CO</name>
        <lei>GJOUP9M7C39GLSK9R870</lei>
        <title>PORTLAND GENERAL ELECTRIC CO 0.00000000</title>
        <cusip>736508847</cusip>
        <identifiers>
          <isin value="US7365088472"/>
        </identifiers>
        <balance>92223.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4377825.81000000</valUSD>
        <pctVal>0.815154939778</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>CRIMSON WINE GROUP LTD</name>
        <lei>N/A</lei>
        <title>CRIMSON WINE GROUP LTD 0.00000000</title>
        <cusip>22662X100</cusip>
        <identifiers>
          <isin value="US22662X1000"/>
        </identifiers>
        <balance>625193.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4157533.45000000</valUSD>
        <pctVal>0.774136312440</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>VERICEL CORP</name>
        <lei>54930076YM3PLTDR4B91</lei>
        <title>VERICEL CORP 0.00000000</title>
        <cusip>92346J108</cusip>
        <identifiers>
          <isin value="US92346J1088"/>
        </identifiers>
        <balance>83562.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4641869.10000000</valUSD>
        <pctVal>0.864320027997</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>SUPERNUS PHARMACEUTICALS INC</name>
        <lei>549300GRM36VBKISYJ58</lei>
        <title>SUPERNUS PHARMACEUTICALS INC 0.00000000</title>
        <cusip>868459108</cusip>
        <identifiers>
          <isin value="US8684591089"/>
        </identifiers>
        <balance>179050.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4687529.00000000</valUSD>
        <pctVal>0.872821940739</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>BLACK HILLS CORP</name>
        <lei>3MGELCRSTNSAMJ962671</lei>
        <title>BLACK HILLS CORP 0.00000000</title>
        <cusip>092113109</cusip>
        <identifiers>
          <isin value="US0921131092"/>
        </identifiers>
        <balance>93417.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6237453.09000000</valUSD>
        <pctVal>1.161419142427</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>CLOUDERA INC</name>
        <lei>549300PGONC4JOI0RG62</lei>
        <title>CLOUDERA INC 0.00000000</title>
        <cusip>18914U100</cusip>
        <identifiers>
          <isin value="US18914U1007"/>
        </identifiers>
        <balance>204185.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2484931.45000000</valUSD>
        <pctVal>0.462696378154</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>WILLIAMS-SONOMA INC</name>
        <lei>549300IARG6YWVTZ1I92</lei>
        <title>WILLIAMS-SONOMA INC 0.00000000</title>
        <cusip>969904101</cusip>
        <identifiers>
          <isin value="US9699041011"/>
        </identifiers>
        <balance>29597.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5303782.40000000</valUSD>
        <pctVal>0.987568855067</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>EASTERN BANKSHARES INC</name>
        <lei>549300J245MBQU3DO403</lei>
        <title>EASTERN BANKSHARES INC 0.00000000</title>
        <cusip>27627N105</cusip>
        <identifiers>
          <isin value="US27627N1054"/>
        </identifiers>
        <balance>371400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7164306.00000000</valUSD>
        <pctVal>1.333999953274</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>COHU INC</name>
        <lei>529900FJPORJ3JJ2XS33</lei>
        <title>COHU INC 0.00000000</title>
        <cusip>192576106</cusip>
        <identifiers>
          <isin value="US1925761066"/>
        </identifiers>
        <balance>64449.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2696546.16000000</valUSD>
        <pctVal>0.502099219581</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>JOHNSON OUTDOORS INC-A</name>
        <lei>N/A</lei>
        <title>JOHNSON OUTDOORS INC-A 0.00000000</title>
        <cusip>479167108</cusip>
        <identifiers>
          <isin value="US4791671088"/>
        </identifiers>
        <balance>17423.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2487133.25000000</valUSD>
        <pctVal>0.463106355212</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>SYNEOS HEALTH INC</name>
        <lei>549300F1ZGKDS8P6GU13</lei>
        <title>SYNEOS HEALTH INC 0.00000000</title>
        <cusip>87166B102</cusip>
        <identifiers>
          <isin value="US87166B1026"/>
        </identifiers>
        <balance>68458.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5192539.30000000</valUSD>
        <pctVal>0.966855293949</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>ARGO GROUP INTERNATIONAL</name>
        <lei>549300M4T8Y5TTWI6O03</lei>
        <title>ARGO GROUP INTERNATIONAL 0.00000000</title>
        <cusip>G0464B107</cusip>
        <identifiers>
          <isin value="BMG0464B1072"/>
        </identifiers>
        <balance>65931.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3317647.92000000</valUSD>
        <pctVal>0.617748902721</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>BM</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BUILDERS FIRSTSOURCE INC</name>
        <lei>549300W0SKP6L3H7DP63</lei>
        <title>BUILDERS FIRSTSOURCE INC 0.00000000</title>
        <cusip>12008R107</cusip>
        <identifiers>
          <isin value="US12008R1077"/>
        </identifiers>
        <balance>142840.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6623490.80000000</valUSD>
        <pctVal>1.233299696817</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>GREEN DOT CORP-CLASS A</name>
        <lei>N/A</lei>
        <title>GREEN DOT CORP-CLASS A 0.00000000</title>
        <cusip>39304D102</cusip>
        <identifiers>
          <isin value="US39304D1028"/>
        </identifiers>
        <balance>133143.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6096617.97000000</valUSD>
        <pctVal>1.135195521675</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>ICF INTERNATIONAL INC</name>
        <lei>5493003KYFDDC5B3WY64</lei>
        <title>ICF INTERNATIONAL INC 0.00000000</title>
        <cusip>44925C103</cusip>
        <identifiers>
          <isin value="US44925C1036"/>
        </identifiers>
        <balance>29504.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2578649.60000000</valUSD>
        <pctVal>0.480146778475</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>CONCENTRIX CORP</name>
        <lei>N/A</lei>
        <title>CONCENTRIX CORP 0.00000000</title>
        <cusip>20602D101</cusip>
        <identifiers>
          <isin value="US20602D1019"/>
        </identifiers>
        <balance>46499.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6961830.28000000</valUSD>
        <pctVal>1.296298799663</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>ENPRO INDUSTRIES INC</name>
        <lei>549300Y5CFT2LKCFDN54</lei>
        <title>ENPRO INDUSTRIES INC 0.00000000</title>
        <cusip>29355X107</cusip>
        <identifiers>
          <isin value="US29355X1072"/>
        </identifiers>
        <balance>118259.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10083944.93000000</valUSD>
        <pctVal>1.877639238948</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>DEVON ENERGY CORP</name>
        <lei>54930042348RKR3ZPN35</lei>
        <title>DEVON ENERGY CORP 0.00000000</title>
        <cusip>25179M103</cusip>
        <identifiers>
          <isin value="US25179M1036"/>
        </identifiers>
        <balance>395378.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8639009.30000000</valUSD>
        <pctVal>1.608590979019</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>ENCORE WIRE CORP</name>
        <lei>N/A</lei>
        <title>ENCORE WIRE CORP 0.00000000</title>
        <cusip>292562105</cusip>
        <identifiers>
          <isin value="US2925621052"/>
        </identifiers>
        <balance>130711.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8774629.43000000</valUSD>
        <pctVal>1.633843564138</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>STEVEN MADDEN LTD</name>
        <lei>549300Z9GZ7GYJWSGF43</lei>
        <title>STEVEN MADDEN LTD 0.00000000</title>
        <cusip>556269108</cusip>
        <identifiers>
          <isin value="US5562691080"/>
        </identifiers>
        <balance>228328.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8507501.28000000</valUSD>
        <pctVal>1.584104072327</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>SAFETY INSURANCE GROUP INC</name>
        <lei>254900LDCFLA3J746840</lei>
        <title>SAFETY INSURANCE GROUP INC 0.00000000</title>
        <cusip>78648T100</cusip>
        <identifiers>
          <isin value="US78648T1007"/>
        </identifiers>
        <balance>17357.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1462327.25000000</valUSD>
        <pctVal>0.272286594566</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>XPERI HOLDING CORP</name>
        <lei>N/A</lei>
        <title>XPERI HOLDING CORP 0.00000000</title>
        <cusip>98390M103</cusip>
        <identifiers>
          <isin value="US98390M1036"/>
        </identifiers>
        <balance>288760.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>6286305.20000000</valUSD>
        <pctVal>1.170515447423</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>PEOPLES BANCORP INC</name>
        <lei>N/A</lei>
        <title>PEOPLES BANCORP INC 0.00000000</title>
        <cusip>709789101</cusip>
        <identifiers>
          <isin value="US7097891011"/>
        </identifiers>
        <balance>37920.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1257806.40000000</valUSD>
        <pctVal>0.234204635986</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>HAVERTY FURNITURE</name>
        <lei>529900CVFMMIRXZVPD70</lei>
        <title>HAVERTY FURNITURE 0.00000000</title>
        <cusip>419596101</cusip>
        <identifiers>
          <isin value="US4195961010"/>
        </identifiers>
        <balance>78060.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2903051.40000000</valUSD>
        <pctVal>0.540550673289</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>VSE CORP</name>
        <lei>549300QWJYQDH4U5XI15</lei>
        <title>VSE CORP 0.00000000</title>
        <cusip>918284100</cusip>
        <identifiers>
          <isin value="US9182841000"/>
        </identifiers>
        <balance>203628.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>8043306.00000000</valUSD>
        <pctVal>1.497670511026</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>RICHARDSON ELEC LTD</name>
        <lei>N/A</lei>
        <title>RICHARDSON ELEC LTD 0.00000000</title>
        <cusip>763165107</cusip>
        <identifiers>
          <isin value="US7631651079"/>
        </identifiers>
        <balance>541460.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3449100.20000000</valUSD>
        <pctVal>0.642225430577</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>EXTENDED STAY AMERICA INC</name>
        <lei>549300IESZBC3BJUJW64</lei>
        <title>EXTENDED STAY AMERICA INC 0.00000000</title>
        <cusip>30224P200</cusip>
        <identifiers>
          <isin value="US30224P2002"/>
        </identifiers>
        <balance>161958.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3198670.50000000</valUSD>
        <pctVal>0.595595204551</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>NOVAVAX INC</name>
        <lei>529900J4GJHPEPQ23205</lei>
        <title>NOVAVAX INC 0.00000000</title>
        <cusip>670002401</cusip>
        <identifiers>
          <isin value="US6700024010"/>
        </identifiers>
        <balance>16185.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2934502.35000000</valUSD>
        <pctVal>0.546406867292</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>BANCFIRST CORP</name>
        <lei>549300EJEHGBP4IO2J30</lei>
        <title>BANCFIRST CORP 0.00000000</title>
        <cusip>05945F103</cusip>
        <identifiers>
          <isin value="US05945F1030"/>
        </identifiers>
        <balance>46052.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3255415.88000000</valUSD>
        <pctVal>0.606161243225</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>TRICO BANCSHARES</name>
        <lei>N/A</lei>
        <title>TRICO BANCSHARES 0.00000000</title>
        <cusip>896095106</cusip>
        <identifiers>
          <isin value="US8960951064"/>
        </identifiers>
        <balance>96119.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>4553157.03000000</valUSD>
        <pctVal>0.847801764088</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>CTO REALTY GROWTH INC</name>
        <lei>N/A</lei>
        <title>CTO REALTY GROWTH INC 0.00000000</title>
        <cusip>22948Q101</cusip>
        <identifiers>
          <isin value="US22948Q1013"/>
        </identifiers>
        <balance>33987.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1767663.87000000</valUSD>
        <pctVal>0.329140536429</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RE</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>BROOKLINE BANCORP INC</name>
        <lei>N/A</lei>
        <title>BROOKLINE BANCORP INC 0.00000000</title>
        <cusip>11373M107</cusip>
        <identifiers>
          <isin value="US11373M1071"/>
        </identifiers>
        <balance>380191.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5702865.00000000</valUSD>
        <pctVal>1.061878379221</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>PERFICIENT INC</name>
        <lei>549300HTBXKL2755T650</lei>
        <title>PERFICIENT INC 0.00000000</title>
        <cusip>71375U101</cusip>
        <identifiers>
          <isin value="US71375U1016"/>
        </identifiers>
        <balance>35638.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>2092663.36000000</valUSD>
        <pctVal>0.389655721636</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>SEQUANS COMMUNICATIONS-ADR</name>
        <lei>969500G8ZIY1D601KJ66</lei>
        <title>SEQUANS COMMUNICATIONS-ADR 0.00000000</title>
        <cusip>817323207</cusip>
        <identifiers>
          <isin value="US8173232070"/>
        </identifiers>
        <balance>224330.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1354953.20000000</valUSD>
        <pctVal>0.252293453893</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2021-04-30</ncom:dateSigned>
      <ncom:nameOfApplicant>Mutual of America Investment Corp</ncom:nameOfApplicant>
      <ncom:signature>Christopher M. Miseo </ncom:signature>
      <ncom:signerName>Christopher M. Miseo </ncom:signerName>
      <ncom:title>Senior Vice President and Chief Accounting Officer </ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
