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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-07-28</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>Bottomline Technologies DE Inc</name>
        <lei>OJ3Q4KYIXDSSGURLMT36</lei>
        <title>Bottomline Technologies DE Inc</title>
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          <isin value="US1013881065"/>
          <ticker value="EPAY"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      </invstOrSec>
      <invstOrSec>
        <name>GTY Technology Holdings Inc</name>
        <lei>N/A</lei>
        <title>GTY Technology Holdings Inc</title>
        <cusip>362409104</cusip>
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          <isin value="US3624091043"/>
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        <balance>3000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Shell Midstream Partners LP</name>
        <lei>529900YZVDXMTV4XGE96</lei>
        <title>Shell Midstream Partners LP</title>
        <cusip>822634101</cusip>
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          <isin value="US8226341019"/>
          <ticker value="SHLX"/>
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        <balance>500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>7065.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Meritor Inc</name>
        <lei>5LTG829X630QFHTFBO82</lei>
        <title>Meritor Inc</title>
        <cusip>59001K100</cusip>
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          <isin value="US59001K1007"/>
          <ticker value="MTOR"/>
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        <balance>3500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>125685.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>American National Group Inc</name>
        <lei>549300I1RRC5M591MY93</lei>
        <title>American National Group Inc</title>
        <cusip>02772A109</cusip>
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          <isin value="US02772A1097"/>
          <ticker value="ANAT"/>
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        <balance>500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>94305.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Intevac Inc</name>
        <lei>N/A</lei>
        <title>Intevac Inc</title>
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          <isin value="US4611481080"/>
          <ticker value="IVAC"/>
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        <curCd>USD</curCd>
        <valUSD>27995.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Welbilt Inc</name>
        <lei>549300UR3W71YLZWI068</lei>
        <title>Welbilt Inc</title>
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          <isin value="US9490901041"/>
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        <curCd>USD</curCd>
        <valUSD>106290.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Cerner Corp</name>
        <lei>549300L4UJ40IEVVI304</lei>
        <title>Cerner Corp</title>
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          <isin value="US1567821046"/>
          <ticker value="CERN"/>
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        <balance>2050.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>191962.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TEGNA Inc</name>
        <lei>549300YC5EDBGX85AO10</lei>
        <title>TEGNA Inc</title>
        <cusip>87901J105</cusip>
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          <isin value="US87901J1051"/>
          <ticker value="TGNA"/>
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        <balance>3500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>77175.00000000</valUSD>
        <pctVal>1.857226223214</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Tower Semiconductor Ltd</name>
        <lei>54930086ZSNXZOUX0C54</lei>
        <title>Tower Semiconductor Ltd</title>
        <cusip>000000000</cusip>
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          <isin value="IL0010823792"/>
          <ticker value="TSEM"/>
          <other otherDesc="SEDOL" value="2898173"/>
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        <balance>2500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>120750.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Zynga Inc</name>
        <lei>549300XNQ0U2EL088Z74</lei>
        <title>Zynga Inc</title>
        <cusip>98986T108</cusip>
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          <isin value="US98986T1088"/>
          <ticker value="ZNGA"/>
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        <balance>4000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>33080.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Randolph Bancorp Inc</name>
        <lei>549300DO98QGL5P82192</lei>
        <title>Randolph Bancorp Inc</title>
        <cusip>752378109</cusip>
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          <isin value="US7523781091"/>
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        <balance>1000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>26340.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Natus Medical Inc</name>
        <lei>549300ZW3JLSJGT2D838</lei>
        <title>Natus Medical Inc</title>
        <cusip>639050103</cusip>
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        <balance>500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>16635.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Mandiant Inc</name>
        <lei>549300E9D2UJUFLLY524</lei>
        <title>Mandiant Inc</title>
        <cusip>562662106</cusip>
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        <balance>5000.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>US Ecology Inc</name>
        <lei>N/A</lei>
        <title>US Ecology Inc</title>
        <cusip>91734M103</cusip>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Sanderson Farms Inc</name>
        <lei>529900KZGVFTWHUO2759</lei>
        <title>Sanderson Farms Inc</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>First Horizon Corp</name>
        <lei>TF3RXI1ZB1TQ30H9JV10</lei>
        <title>First Horizon Corp</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Tenneco Inc</name>
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        <title>Tenneco Inc</title>
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          <ticker value="TEN"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Aerojet Rocketdyne Holdings In</name>
        <lei>549300VULNLWHE8QWI76</lei>
        <title>Aerojet Rocketdyne Holdings Inc</title>
        <cusip>007800105</cusip>
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          <isin value="US0078001056"/>
          <ticker value="AJRD"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Change Healthcare Inc</name>
        <lei>549300GS1BPJEDOZHM07</lei>
        <title>Change Healthcare Inc</title>
        <cusip>15912K100</cusip>
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          <ticker value="CHNG"/>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>Cornerstone Building Brands In</name>
        <lei>549300IW41QEWQ6T0H29</lei>
        <title>Cornerstone Building Brands Inc</title>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Mimecast Ltd</name>
        <lei>254900ELSYFSTT9X2740</lei>
        <title>Mimecast Ltd</title>
        <cusip>000000000</cusip>
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        <balance>2000.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Nielsen Holdings PLC</name>
        <lei>549300ZVCBHQE0XHG367</lei>
        <title>Nielsen Holdings PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BWFY5505"/>
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        <balance>2500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>67025.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>PFSweb Inc</name>
        <lei>N/A</lei>
        <title>PFSweb Inc</title>
        <cusip>717098206</cusip>
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          <isin value="US7170982067"/>
          <ticker value="PFSW"/>
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        <balance>2500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>28375.00000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Renewable Energy Group Inc</name>
        <lei>549300HPU3BD8ZI0X358</lei>
        <title>Renewable Energy Group Inc</title>
        <cusip>75972A301</cusip>
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          <isin value="US75972A3014"/>
          <ticker value="REGI"/>
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        <balance>1750.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>106855.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Twitter Inc</name>
        <lei>549300I8RX485XMK6836</lei>
        <title>Twitter Inc</title>
        <cusip>90184L102</cusip>
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          <isin value="US90184L1026"/>
          <ticker value="TWTR"/>
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        <balance>1300.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>63726.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Waverley Capital Acquisition C</name>
        <lei>N/A</lei>
        <title>Waverley Capital Acquisition Corp 1</title>
        <cusip>000000000</cusip>
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          <isin value="KYG065361092"/>
          <ticker value="WAVC"/>
          <other otherDesc="SEDOL" value="BPBK6N8"/>
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        <balance>3000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>GCP Applied Technologies Inc</name>
        <lei>5493007G654QKQVEKV09</lei>
        <title>GCP Applied Technologies Inc</title>
        <cusip>36164Y101</cusip>
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          <isin value="US36164Y1010"/>
          <ticker value="GCP"/>
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        <curCd>USD</curCd>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TREASURY BILL</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Bill</title>
        <cusip>912796R35</cusip>
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          <isin value="US912796R357"/>
          <other otherDesc="SEDOL" value="BP6NM23"/>
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        <balance>110000.00000000</balance>
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        <curCd>USD</curCd>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-06-09</maturityDt>
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        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>LHC Group Inc</name>
        <lei>5299009NPLWAMRQYZX73</lei>
        <title>LHC Group Inc</title>
        <cusip>50187A107</cusip>
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          <isin value="US50187A1079"/>
          <ticker value="LHCG"/>
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        <balance>750.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Terminix Global Holdings Inc</name>
        <lei>549300GS10644JGL8R77</lei>
        <title>Terminix Global Holdings Inc</title>
        <cusip>88087E100</cusip>
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          <isin value="US88087E1001"/>
          <ticker value="TMX"/>
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        <balance>500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>22945.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Antares Pharma Inc</name>
        <lei>5299004QMIHMZUUNYY44</lei>
        <title>Antares Pharma Inc</title>
        <cusip>036642106</cusip>
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          <isin value="US0366421065"/>
          <ticker value="ATRS"/>
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        <balance>5000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>27825.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Anaplan Inc</name>
        <lei>N/A</lei>
        <title>Anaplan Inc</title>
        <cusip>03272L108</cusip>
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          <isin value="US03272L1089"/>
          <ticker value="PLAN"/>
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        <balance>1500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>97485.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Ortho Clinical Diagnostics Hol</name>
        <lei>N/A</lei>
        <title>Ortho Clinical Diagnostics Holdings PLC</title>
        <cusip>000000000</cusip>
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          <isin value="GB00BMDNH979"/>
          <ticker value="OCDX"/>
          <other otherDesc="SEDOL" value="BMDNH97"/>
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        <balance>1000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>17610.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>MoneyGram International Inc</name>
        <lei>5299002DLX0Q04KC4156</lei>
        <title>MoneyGram International Inc</title>
        <cusip>60935Y208</cusip>
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          <isin value="US60935Y2081"/>
          <ticker value="MGI"/>
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        <balance>8000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>81040.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Datto Holding Corp</name>
        <lei>N/A</lei>
        <title>Datto Holding Corp</title>
        <cusip>23821D100</cusip>
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          <isin value="US23821D1000"/>
          <ticker value="MSP"/>
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        <balance>2000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>69400.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Citrix Systems Inc</name>
        <lei>HCTKJGUQOPZ5NBK7NP58</lei>
        <title>Citrix Systems Inc</title>
        <cusip>177376100</cusip>
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          <isin value="US1773761002"/>
          <ticker value="CTXS"/>
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        <balance>1250.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>125125.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>TREASURY BILL</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>United States Treasury Bill</title>
        <cusip>912796Q44</cusip>
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          <isin value="US912796Q441"/>
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        <balance>235000.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>234934.69000000</valUSD>
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        <assetCat>DBT</assetCat>
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        <invCountry>US</invCountry>
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        <fairValLevel>2</fairValLevel>
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          <maturityDt>2022-06-02</maturityDt>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>NeoPhotonics Corp</name>
        <lei>5493001EHDO3GEGZ6930</lei>
        <title>NeoPhotonics Corp</title>
        <cusip>64051T100</cusip>
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          <isin value="US64051T1007"/>
          <ticker value="NPTN"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>IntriCon Corp</name>
        <lei>549300QOZJC6ZFWND923</lei>
        <title>IntriCon Corp</title>
        <cusip>46121H109</cusip>
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          <isin value="US46121H1095"/>
          <ticker value="IIN"/>
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        <fairValLevel>1</fairValLevel>
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        <name>Sierra Oncology Inc</name>
        <lei>549300NG7694ZK6OVC92</lei>
        <title>Sierra Oncology Inc</title>
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          <isin value="US82640U4040"/>
          <ticker value="SRRA"/>
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        <balance>1500.00000000</balance>
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        <invCountry>CA</invCountry>
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        <fairValLevel>1</fairValLevel>
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      <invstOrSec>
        <name>Activision Blizzard Inc</name>
        <lei>549300TPQQDBP9GNOF40</lei>
        <title>Activision Blizzard Inc</title>
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        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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        <name>Sailpoint Technologies Holding</name>
        <lei>529900809B15HNZH5H79</lei>
        <title>Sailpoint Technologies Holdings Inc</title>
        <cusip>78781P105</cusip>
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          <ticker value="SAIL"/>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>CDK Global Inc</name>
        <lei>5493000L10CYRTHIJ385</lei>
        <title>CDK Global Inc</title>
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        <assetCat>EC</assetCat>
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        <fairValLevel>1</fairValLevel>
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        <name>Macquarie Infrastructure Holdi</name>
        <lei>N/A</lei>
        <title>Macquarie Infrastructure Holdings LLC</title>
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          <ticker value="MIC"/>
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        <invCountry>US</invCountry>
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        <fairValLevel>1</fairValLevel>
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        <name>WAVERLEY CAPITAL ACQUISITI-A</name>
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        <title>WAVERLEY CAPITAL -A -CW27</title>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tivity Health Inc</name>
        <lei>U5UKZMHGMOP0CPFG4B24</lei>
        <title>Tivity Health Inc</title>
        <cusip>88870R102</cusip>
        <identifiers>
          <isin value="US88870R1023"/>
          <ticker value="TVTY"/>
        </identifiers>
        <balance>1000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32130.00000000</valUSD>
        <pctVal>0.773212550072</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>Intersect ENT Inc</name>
        <lei>549300SWZUVLSFMOXR50</lei>
        <title>Intersect ENT Inc</title>
        <cusip>46071F103</cusip>
        <identifiers>
          <isin value="US46071F1030"/>
          <ticker value="XENT"/>
        </identifiers>
        <balance>2000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>54740.00000000</valUSD>
        <pctVal>1.317325085309</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>Vidler Water Resouces Inc</name>
        <lei>N/A</lei>
        <title>Vidler Water Resouces Inc</title>
        <cusip>92660E107</cusip>
        <identifiers>
          <isin value="US92660E1073"/>
          <ticker value="VWTR"/>
        </identifiers>
        <balance>500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>7870.00000000</valUSD>
        <pctVal>0.189392554281</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>Preferred Apartment Communitie</name>
        <lei>549300KTZLVOW5TLLN89</lei>
        <title>Preferred Apartment Communities Inc</title>
        <cusip>74039L103</cusip>
        <identifiers>
          <isin value="US74039L1035"/>
          <ticker value="APTS"/>
        </identifiers>
        <balance>3000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>74640.00000000</valUSD>
        <pctVal>1.796221124725</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>Liberty Media Corp-Liberty Bra</name>
        <lei>N/A</lei>
        <title>Liberty Media Corp-Liberty Braves</title>
        <cusip>531229888</cusip>
        <identifiers>
          <isin value="US5312298889"/>
          <ticker value="BATRK"/>
        </identifiers>
        <balance>800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>20088.00000000</valUSD>
        <pctVal>0.483420283406</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>Plantronics Inc</name>
        <lei>5493006O3W5M472F6668</lei>
        <title>Plantronics Inc</title>
        <cusip>727493108</cusip>
        <identifiers>
          <isin value="US7274931085"/>
          <ticker value="POLY"/>
        </identifiers>
        <balance>1500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>59790.00000000</valUSD>
        <pctVal>1.438853979734</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>Cedar Realty Trust Inc</name>
        <lei>54930056URX93R2RSN82</lei>
        <title>Cedar Realty Trust Inc</title>
        <cusip>150602605</cusip>
        <identifiers>
          <isin value="US1506026053"/>
          <ticker value="CDR"/>
        </identifiers>
        <balance>1000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>28380.00000000</valUSD>
        <pctVal>0.682968321539</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>Bluerock Residential Growth RE</name>
        <lei>549300KWLV0TGICOUU26</lei>
        <title>Bluerock Residential Growth REIT Inc</title>
        <cusip>09627J102</cusip>
        <identifiers>
          <isin value="US09627J1025"/>
          <ticker value="BRG"/>
        </identifiers>
        <balance>1000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>26610.00000000</valUSD>
        <pctVal>0.640373045671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <explntrNotes>
      <explntrNote note="Monthly returns presented in Item B.5(a) have been calculated without deducting any applicable sales loads or redemption fees." noteItem="B.5.a"/>
    </explntrNotes>
    <signature>
      <ncom:dateSigned>2022-06-28</ncom:dateSigned>
      <ncom:nameOfApplicant>Comstock Funds, Inc.</ncom:nameOfApplicant>
      <ncom:signature>John C. Ball</ncom:signature>
      <ncom:signerName>John C. Ball</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
