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      <regStreet1>434 Fayetteville St</regStreet1>
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      <regCity>Raleigh</regCity>
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      <regZipOrPostalCode>27601</regZipOrPostalCode>
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        <name>Adeia Inc.</name>
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        <name>Allegiant Travel Company</name>
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        <name>Alpha Metallurgical Resources Inc</name>
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        <name>Amalgamated Financial Corp.</name>
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        <name>American Assets Trust Inc.</name>
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        <name>American Axle &amp; Manufacturing Holdings Inc.</name>
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        <name>Apple Hospitality Reit Inc</name>
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      </invstOrSec>
      <invstOrSec>
        <name>Argan Inc</name>
        <lei>529900E4KZWBV9KGBS83</lei>
        <title>Argan, Inc. </title>
        <cusip>04010E109</cusip>
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          <isin value="US04010E1091"/>
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        <balance>3990.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>523368.30000000</valUSD>
        <pctVal>0.573175689022</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>Associated Banc-Corp</name>
        <lei>549300N3CIN473IW5094</lei>
        <title>Associated Banc-Corp. </title>
        <cusip>045487105</cusip>
        <identifiers>
          <isin value="US0454871056"/>
        </identifiers>
        <balance>24040.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>541621.20000000</valUSD>
        <pctVal>0.593165662687</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 Corporation</name>
        <lei>Q0IK63NITJD6RJ47SW96</lei>
        <title>Avista Corp. </title>
        <cusip>05379B107</cusip>
        <identifiers>
          <isin value="US05379B1070"/>
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        <balance>14030.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>587436.10000000</valUSD>
        <pctVal>0.643340629101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Axos Financial Inc</name>
        <lei>529900D8M56422GK9O25</lei>
        <title>Axos Financial, Inc. </title>
        <cusip>05465C100</cusip>
        <identifiers>
          <isin value="US05465C1009"/>
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        <balance>9524.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>614488.48000000</valUSD>
        <pctVal>0.672967502846</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Bank OZK Little Rock Arkansas</name>
        <lei>549300VYK2WBD7SST478</lei>
        <title>Bank OZK </title>
        <cusip>06417N103</cusip>
        <identifiers>
          <isin value="US06417N1037"/>
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        <balance>6558.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>284945.10000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BankUnited Inc.</name>
        <lei>96OVUWEW5D4YX6PFXD91</lei>
        <title>BankUnited, Inc. </title>
        <cusip>06652K103</cusip>
        <identifiers>
          <isin value="US06652K1034"/>
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        <balance>15631.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>538331.64000000</valUSD>
        <pctVal>0.589563045143</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>BEL Fuse Inc</name>
        <lei>2549009L4XYDBRRY6X39</lei>
        <title>Bel Fuse, Inc. </title>
        <cusip>077347300</cusip>
        <identifiers>
          <isin value="US0773473006"/>
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        <balance>5940.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>444668.40000000</valUSD>
        <pctVal>0.486986155937</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Benchmark Electronics, Inc.</name>
        <lei>549300W18RHYZOZKOP53</lei>
        <title>Benchmark Electronics, Inc. </title>
        <cusip>08160H101</cusip>
        <identifiers>
          <isin value="US08160H1014"/>
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        <balance>9680.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>368130.40000000</valUSD>
        <pctVal>0.403164264381</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Berry Corp. (Bry)</name>
        <lei>N/A</lei>
        <title>Berry Petroleum Corp. </title>
        <cusip>08579X101</cusip>
        <identifiers>
          <isin value="US08579X1019"/>
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        <balance>73890.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>237186.90000000</valUSD>
        <pctVal>0.259759264813</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>
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      <invstOrSec>
        <name>Brighthouse Financial Inc.</name>
        <lei>5493003T8SZSHOGGAW52</lei>
        <title>Brighthouse Financial, Inc. </title>
        <cusip>10922N103</cusip>
        <identifiers>
          <isin value="US10922N1037"/>
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        <balance>6549.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>379776.51000000</valUSD>
        <pctVal>0.415918699687</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>Build A Bear Workshop Inc</name>
        <lei>529900S9MWZC1UBF3D13</lei>
        <title>Build-A-Bear Workshop, Inc. </title>
        <cusip>120076104</cusip>
        <identifiers>
          <isin value="US1200761047"/>
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        <balance>7230.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>268739.10000000</valUSD>
        <pctVal>0.294314192910</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>Business First Bancshares Inc.</name>
        <lei>549300ILTC50KHDX4A08</lei>
        <title>Business First Bancshares, Inc. </title>
        <cusip>12326C105</cusip>
        <identifiers>
          <isin value="US12326C1053"/>
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        <balance>15053.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>366540.55000000</valUSD>
        <pctVal>0.401423113132</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>
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      <invstOrSec>
        <name>Byline Bancorp Inc</name>
        <lei>549300W7ODP4YL2H4823</lei>
        <title>Byline Bancorp, Inc. </title>
        <cusip>124411109</cusip>
        <identifiers>
          <isin value="US1244111092"/>
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        <balance>13640.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>356822.40000000</valUSD>
        <pctVal>0.390780115988</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CF Industries Holdings, Inc.</name>
        <lei>529900CG8YAQFZ2JMV97</lei>
        <title>CF Industries Holdings, Inc. </title>
        <cusip>125269100</cusip>
        <identifiers>
          <isin value="US1252691001"/>
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        <balance>3850.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>300877.50000000</valUSD>
        <pctVal>0.329511107901</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CNB Financial Corp (Pennsylvania)</name>
        <lei>254900RUYUOKD91VNX69</lei>
        <title>CNB Financial Corp. </title>
        <cusip>126128107</cusip>
        <identifiers>
          <isin value="US1261281075"/>
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        <balance>13980.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>311055.00000000</valUSD>
        <pctVal>0.340657170005</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CNO Financial Group, Inc.</name>
        <lei>11XPYHB76MPM4Y4P2897</lei>
        <title>CNO Financial Group, Inc. </title>
        <cusip>12621E103</cusip>
        <identifiers>
          <isin value="US12621E1038"/>
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        <balance>16630.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>692639.50000000</valUSD>
        <pctVal>0.758555920670</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>CNX Resources Corporation</name>
        <lei>549300JK3KH8PWM3B226</lei>
        <title>CNX Resources Corp. </title>
        <cusip>12653C108</cusip>
        <identifiers>
          <isin value="US12653C1080"/>
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        <balance>20700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>651636.00000000</valUSD>
        <pctVal>0.713650240741</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cabot Corporation</name>
        <lei>K05C0SER542GQ6VLRO68</lei>
        <title>Cabot Corp. </title>
        <cusip>127055101</cusip>
        <identifiers>
          <isin value="US1270551013"/>
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        <balance>3380.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>281013.20000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Coterra Energy Inc</name>
        <lei>FCNMH6O7VWU7LHXMK351</lei>
        <title>Coterra Energy, Inc. </title>
        <cusip>127097103</cusip>
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          <isin value="US1270971039"/>
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        <balance>12510.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>361539.00000000</valUSD>
        <pctVal>0.395945580642</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Cal-Maine Foods Inc.</name>
        <lei>549300NHE5WMIEIEMF53</lei>
        <title>Cal-Maine Foods, Inc. </title>
        <cusip>128030202</cusip>
        <identifiers>
          <isin value="US1280302027"/>
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        <balance>7630.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>693567.00000000</valUSD>
        <pctVal>0.759571688059</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Camden National Corp.</name>
        <lei>549300ZVEDL2L8UW4F28</lei>
        <title>Camden National Corp. </title>
        <cusip>133034108</cusip>
        <identifiers>
          <isin value="US1330341082"/>
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        <balance>8050.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>325783.50000000</valUSD>
        <pctVal>0.356787337109</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Capital City Bank Group Inc.</name>
        <lei>254900NVLVUJQZKTQE82</lei>
        <title>Capital City Bank Group, Inc. </title>
        <cusip>139674105</cusip>
        <identifiers>
          <isin value="US1396741050"/>
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        <balance>7950.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>285882.00000000</valUSD>
        <pctVal>0.313088531210</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Caretrust Reit Inc</name>
        <lei>5493001NVXE2B9GPLU96</lei>
        <title>CareTrust REIT, Inc. </title>
        <cusip>14174T107</cusip>
        <identifiers>
          <isin value="US14174T1079"/>
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        <balance>16260.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>464710.80000000</valUSD>
        <pctVal>0.508935930941</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Cathay General Bancorp</name>
        <lei>549300K1SLJ8C97H5L68</lei>
        <title>Cathay General Bancorp </title>
        <cusip>149150104</cusip>
        <identifiers>
          <isin value="US1491501045"/>
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        <balance>11634.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>500611.02000000</valUSD>
        <pctVal>0.548252667042</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>Central Garden &amp; Pet Company</name>
        <lei>5493004DVZLD37DJ0H83</lei>
        <title>Central Garden &amp; Pet Co. </title>
        <cusip>153527205</cusip>
        <identifiers>
          <isin value="US1535272058"/>
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        <balance>11980.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>392105.40000000</valUSD>
        <pctVal>0.429420893115</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>Central Pacific Financial Corp.</name>
        <lei>549300W3YEAOZ4KGG849</lei>
        <title>Central Pacific Financial Corp. </title>
        <cusip>154760409</cusip>
        <identifiers>
          <isin value="US1547604090"/>
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        <balance>15673.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>423797.92000000</valUSD>
        <pctVal>0.464129495046</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>Columbia Banking System Inc.</name>
        <lei>N/A</lei>
        <title>Columbia Banking System, Inc. </title>
        <cusip>197236102</cusip>
        <identifiers>
          <isin value="US1972361026"/>
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        <balance>14720.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>367116.80000000</valUSD>
        <pctVal>0.402054203113</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>CommScope Holding Co Inc.</name>
        <lei>254900AW4CEPCQWSRI58</lei>
        <title>CommScope Holding Co., Inc. </title>
        <cusip>20337X109</cusip>
        <identifiers>
          <isin value="US20337X1090"/>
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        <balance>66070.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>350831.70000000</valUSD>
        <pctVal>0.384219299063</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>Community Trust Bancorp Inc</name>
        <lei>N/A</lei>
        <title>Community Trust Bancorp, Inc. </title>
        <cusip>204149108</cusip>
        <identifiers>
          <isin value="US2041491083"/>
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        <balance>7260.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>365613.60000000</valUSD>
        <pctVal>0.400407948085</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>Consensus Cloud Solutions Inc</name>
        <lei>N/A</lei>
        <title>Consensus Cloud Solutions, Inc. </title>
        <cusip>20848V105</cusip>
        <identifiers>
          <isin value="US20848V1052"/>
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        <balance>14500.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>334660.00000000</valUSD>
        <pctVal>0.366508586951</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>Corecivic Inc</name>
        <lei>529900JFA3K6PTLT8B15</lei>
        <title>CoreCivic, Inc. </title>
        <cusip>21871N101</cusip>
        <identifiers>
          <isin value="US21871N1019"/>
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        <balance>23790.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>482699.10000000</valUSD>
        <pctVal>0.528636123419</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>COPT Defense Properties</name>
        <lei>YY1J47X6LF9TYY8JY420</lei>
        <title>COPT Defense Properties </title>
        <cusip>22002T108</cusip>
        <identifiers>
          <isin value="US22002T1088"/>
        </identifiers>
        <balance>19120.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>521402.40000000</valUSD>
        <pctVal>0.571022700224</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>Coursera Inc</name>
        <lei>984500573CA1QB7DAC30</lei>
        <title>Coursera, Inc. </title>
        <cusip>22266M104</cusip>
        <identifiers>
          <isin value="US22266M1045"/>
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        <balance>27550.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>183483.00000000</valUSD>
        <pctVal>0.200944525965</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. </title>
        <cusip>222795502</cusip>
        <identifiers>
          <isin value="US2227955026"/>
        </identifiers>
        <balance>11298.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>333291.00000000</valUSD>
        <pctVal>0.365009303333</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>Cricut Inc</name>
        <lei>254900R3DKAJ28MC0Q39</lei>
        <title>Cricut Inc </title>
        <cusip>22658D100</cusip>
        <identifiers>
          <isin value="US22658D1000"/>
        </identifiers>
        <balance>44270.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>227990.50000000</valUSD>
        <pctVal>0.249687671049</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>Customers Bancorp, Inc.</name>
        <lei>549300WLBCHYKZ53FN68</lei>
        <title>Customers Bancorp, Inc. </title>
        <cusip>23204G100</cusip>
        <identifiers>
          <isin value="US23204G1004"/>
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        <balance>7520.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>377504.00000000</valUSD>
        <pctVal>0.413429921736</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>DXP Enterprises Inc.</name>
        <lei>N/A</lei>
        <title>DXP Enterprises, Inc. </title>
        <cusip>233377407</cusip>
        <identifiers>
          <isin value="US2333774071"/>
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        <balance>6640.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>546206.40000000</valUSD>
        <pctVal>0.598187222398</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>Daktronic Inc.</name>
        <lei>549300IOLZ3SG5YUJ288</lei>
        <title>Daktronics, Inc. </title>
        <cusip>234264109</cusip>
        <identifiers>
          <isin value="US2342641097"/>
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        <balance>21520.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>262113.60000000</valUSD>
        <pctVal>0.287058163977</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>Dana Inc.</name>
        <lei>KVWHW7YLZPFJM8QYNJ51</lei>
        <title>Dana, Inc. </title>
        <cusip>235825205</cusip>
        <identifiers>
          <isin value="US2358252052"/>
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        <balance>28190.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>375772.70000000</valUSD>
        <pctVal>0.411533859116</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Davita Inc</name>
        <lei>M2XHYMU3TZNEZURC6H66</lei>
        <title>DaVita, Inc. </title>
        <cusip>23918K108</cusip>
        <identifiers>
          <isin value="US23918K1088"/>
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        <balance>2448.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>374470.56000000</valUSD>
        <pctVal>0.410107798363</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>DiamondRock Hospitality Co.</name>
        <lei>529900KKD4BPVBUAQ734</lei>
        <title>DiamondRock Hospitality Co. </title>
        <cusip>252784301</cusip>
        <identifiers>
          <isin value="US2527843013"/>
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        <balance>49646.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>383267.12000000</valUSD>
        <pctVal>0.419741500556</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>Dillards, Inc.</name>
        <lei>529900FGYKMWL6019P91</lei>
        <title>Dillards Inc-Cl A </title>
        <cusip>254067101</cusip>
        <identifiers>
          <isin value="US2540671011"/>
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        <balance>690.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>247109.70000000</valUSD>
        <pctVal>0.270626387883</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>EPR Properties</name>
        <lei>549300YSSXFHMPOWZ492</lei>
        <title>EPR Properties </title>
        <cusip>26884U109</cusip>
        <identifiers>
          <isin value="US26884U1097"/>
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        <balance>6275.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>330127.75000000</valUSD>
        <pctVal>0.361545016332</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>Eagle Bancorp Inc</name>
        <lei>549300B47NZODRMG3D47</lei>
        <title>Eagle Bancorp, Inc. </title>
        <cusip>268948106</cusip>
        <identifiers>
          <isin value="US2689481065"/>
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        <balance>14460.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>303660.00000000</valUSD>
        <pctVal>0.332558410068</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>East West Bancorp Inc</name>
        <lei>N/A</lei>
        <title>East West Bancorp, Inc. </title>
        <cusip>27579R104</cusip>
        <identifiers>
          <isin value="US27579R1041"/>
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        <balance>3740.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>335702.40000000</valUSD>
        <pctVal>0.367650189028</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>Ecovyst Inc</name>
        <lei>N/A</lei>
        <title>ECOVYST INC </title>
        <cusip>27923Q109</cusip>
        <identifiers>
          <isin value="US27923Q1094"/>
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        <balance>49300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>305660.00000000</valUSD>
        <pctVal>0.334748744061</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>Edison International</name>
        <lei>549300I7ROF15MAEVP56</lei>
        <title>Edison International </title>
        <cusip>281020107</cusip>
        <identifiers>
          <isin value="US2810201077"/>
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        <balance>5740.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>338200.80000000</valUSD>
        <pctVal>0.370386354251</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>Employers Holdings Inc.</name>
        <lei>N/A</lei>
        <title>Employers Holdings, Inc. </title>
        <cusip>292218104</cusip>
        <identifiers>
          <isin value="US2922181043"/>
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        <balance>8013.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>405778.32000000</valUSD>
        <pctVal>0.444395023841</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>Enact Holdings Inc</name>
        <lei>9845003CA5664B741N19</lei>
        <title>Enact Holdings, Inc. </title>
        <cusip>29249E109</cusip>
        <identifiers>
          <isin value="US29249E1091"/>
        </identifiers>
        <balance>11774.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>409146.50000000</valUSD>
        <pctVal>0.448083743414</pctVal>
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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>
      <invstOrSec>
        <name>Encompass Health Corporation</name>
        <lei>549300FVRPM9DRQZRG64</lei>
        <title>Encompass Health Corp. </title>
        <cusip>29261A100</cusip>
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          <isin value="US29261A1007"/>
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        <balance>4430.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>448670.40000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Enterprise Financial Services Corp.</name>
        <lei>5493001XTU5DLD632129</lei>
        <title>Enterprise Financial Services Corp. </title>
        <cusip>293712105</cusip>
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          <isin value="US2937121059"/>
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        <balance>8660.00000000</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>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Eplus Inc</name>
        <lei>529900FFY8AAFJ21NE91</lei>
        <title>Eplus, Inc. </title>
        <cusip>294268107</cusip>
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          <isin value="US2942681071"/>
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        <balance>5370.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>327731.10000000</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>Vestis Corp.</name>
        <lei>254900QDW0TA2TMFAP59</lei>
        <title>Vestis Corp </title>
        <cusip>29430C102</cusip>
        <identifiers>
          <isin value="US29430C1027"/>
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        <balance>26960.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>266904.00000000</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>
      <invstOrSec>
        <name>Essential Properties Realty Trust Inc.</name>
        <lei>2549009LXQLVYCGLZO50</lei>
        <title>Essential Properties Realty Trust, Inc. </title>
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          <isin value="US29670E1073"/>
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        <balance>23446.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>765277.44000000</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>Ethan Allen Interiors Inc.</name>
        <lei>N/A</lei>
        <title>Ethan Allen Interiors, Inc. </title>
        <cusip>297602104</cusip>
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          <isin value="US2976021046"/>
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        <balance>11750.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>325475.00000000</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>Eversource Energy</name>
        <lei>SJ7XXD41SQU3ZNWUJ746</lei>
        <title>Eversource Energy </title>
        <cusip>30040W108</cusip>
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          <isin value="US30040W1080"/>
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        <balance>4650.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>288811.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Expedia Group Inc</name>
        <lei>CI7MUJI4USF3V0NJ1H64</lei>
        <title>Expedia, Inc. </title>
        <cusip>30212P303</cusip>
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          <isin value="US30212P3038"/>
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        <balance>1610.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>270641.00000000</valUSD>
        <pctVal>0.296397091021</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Federated Hermes Money Market Obligations Trust</name>
        <lei>25490005VWJDWX717014</lei>
        <title>Federated Hermes Treasury Oligations Fund </title>
        <cusip>31423R500</cusip>
        <identifiers>
          <isin value="US31423R5000"/>
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        <balance>1141040.82000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>1141040.82000000</valUSD>
        <pctVal>1.249630247391</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>First Financial Corp.</name>
        <lei>N/A</lei>
        <title>First Financial Corp. </title>
        <cusip>320218100</cusip>
        <identifiers>
          <isin value="US3202181000"/>
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        <balance>6052.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>296426.96000000</valUSD>
        <pctVal>0.324637023378</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>First Mid Bancshares Inc.</name>
        <lei>N/A</lei>
        <title>First Mid-Illinois Bancshares, Inc. </title>
        <cusip>320866106</cusip>
        <identifiers>
          <isin value="US3208661062"/>
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        <balance>9630.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>336087.00000000</valUSD>
        <pctVal>0.368071390254</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>1st Source Corporation</name>
        <lei>N/A</lei>
        <title>1st Source Corp. </title>
        <cusip>336901103</cusip>
        <identifiers>
          <isin value="US3369011032"/>
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        <balance>6350.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>379793.50000000</valUSD>
        <pctVal>0.415937306574</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Forestar Group Inc.</name>
        <lei>549300BC2UB0GHV60V70</lei>
        <title>Forestar Group, Inc. </title>
        <cusip>346232101</cusip>
        <identifiers>
          <isin value="US3462321015"/>
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        <balance>15130.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>319848.20000000</valUSD>
        <pctVal>0.350287192436</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fox Corporation</name>
        <lei>549300DDU6FDRBIELS05</lei>
        <title>Fox Corporation </title>
        <cusip>35137L105</cusip>
        <identifiers>
          <isin value="US35137L1052"/>
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        <balance>6050.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>342430.00000000</valUSD>
        <pctVal>0.375018034511</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Fox Corporation</name>
        <lei>549300DDU6FDRBIELS05</lei>
        <title>Fox Corp. - Class B </title>
        <cusip>35137L204</cusip>
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          <isin value="US35137L2043"/>
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        <balance>6430.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>338925.30000000</valUSD>
        <pctVal>0.371179802740</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>G III Apparel Group Ltd</name>
        <lei>529900O5KABM3R3SFM87</lei>
        <title>G-III Apparel Group Ltd. </title>
        <cusip>36237H101</cusip>
        <identifiers>
          <isin value="US36237H1014"/>
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        <balance>12692.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>347126.20000000</valUSD>
        <pctVal>0.380161157759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Gaming and Leisure Properties Inc</name>
        <lei>5493006GWRDBCZYWTM57</lei>
        <title>Gaming and Leisure Properties, Inc. </title>
        <cusip>36467J108</cusip>
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          <isin value="US36467J1088"/>
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        <balance>6410.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>326269.00000000</valUSD>
        <pctVal>0.357319040686</pctVal>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>The Gap Inc.</name>
        <lei>T2ZG1WRWZ4BUCMQL9224</lei>
        <title>Gap, Inc./The </title>
        <cusip>364760108</cusip>
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          <isin value="US3647601083"/>
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        <balance>13830.00000000</balance>
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        <valUSD>285036.30000000</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>Genesco Inc</name>
        <lei>549300VY2Q511P1K5P56</lei>
        <title>Genesco, Inc. </title>
        <cusip>371532102</cusip>
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          <isin value="US3715321028"/>
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        <balance>7870.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>167080.10000000</valUSD>
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        <assetCat>EC</assetCat>
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        <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>Globalstar Inc</name>
        <lei>549300NEX8I0MSOW0R64</lei>
        <title>Globalstar, Inc. </title>
        <cusip>378973507</cusip>
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          <isin value="US3789735079"/>
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        <balance>12480.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>260332.80000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Graham Holdings Co</name>
        <lei>529900BOSCEEEMAFQJ29</lei>
        <title>Graham Holdings Co </title>
        <cusip>384637104</cusip>
        <identifiers>
          <isin value="US3846371041"/>
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        <balance>630.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>605341.80000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Granite Construction Inc</name>
        <lei>549300OM4BWMCIXVCZ39</lei>
        <title>Granite Construction, Inc. </title>
        <cusip>387328107</cusip>
        <identifiers>
          <isin value="US3873281071"/>
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        <balance>4240.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>319696.00000000</valUSD>
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        <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>Great Southern Bancorp Inc.</name>
        <lei>5493000ZL7DLNMN1AB26</lei>
        <title>Great Southern Bancorp, Inc. </title>
        <cusip>390905107</cusip>
        <identifiers>
          <isin value="US3909051076"/>
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        <balance>5500.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>304535.00000000</valUSD>
        <pctVal>0.333516681190</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Griffon Corp</name>
        <lei>5493000C2SGNC7ZN3242</lei>
        <title>Griffon Corp. </title>
        <cusip>398433102</cusip>
        <identifiers>
          <isin value="US3984331021"/>
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        <balance>1870.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>133705.00000000</valUSD>
        <pctVal>0.146429303228</pctVal>
        <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>
      <invstOrSec>
        <name>Gulfport Energy Operating Corp.</name>
        <lei>N/A</lei>
        <title>Gulport Energy Corp. </title>
        <cusip>402635502</cusip>
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          <isin value="US4026355028"/>
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        <balance>2090.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>384852.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <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>Hancock Whitney Corporation</name>
        <lei>549300GRNBWY8HIICT41</lei>
        <title>Hancock Whitney Corporation </title>
        <cusip>410120109</cusip>
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          <isin value="US4101201097"/>
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        <balance>11640.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>610518.00000000</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>Hanmi Financial Corp.</name>
        <lei>549300MSZ7RCG7EA6587</lei>
        <title>Hanmi Financial Corp. </title>
        <cusip>410495204</cusip>
        <identifiers>
          <isin value="US4104952043"/>
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        <balance>14560.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>329929.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Harmony Biosciences Holdings Inc</name>
        <lei>N/A</lei>
        <title>Harmony Biosciences Holdings, Inc. </title>
        <cusip>413197104</cusip>
        <identifiers>
          <isin value="US4131971040"/>
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        <balance>8070.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267843.30000000</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>HealthStream Inc.</name>
        <lei>529900OJ88H8635JNH64</lei>
        <title>HealthStream, Inc. </title>
        <cusip>42222N103</cusip>
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          <isin value="US42222N1037"/>
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        <balance>13950.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>448911.00000000</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>Heartland Express Inc.</name>
        <lei>5299005V45FZIQGLOG39</lei>
        <title>Heartland Express, Inc. </title>
        <cusip>422347104</cusip>
        <identifiers>
          <isin value="US4223471040"/>
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        <balance>27940.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>257606.80000000</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>Heidrick &amp; Struggles International Inc</name>
        <lei>5493006284N2J367VB57</lei>
        <title>Heidrick &amp; Struggles International, Inc. </title>
        <cusip>422819102</cusip>
        <identifiers>
          <isin value="US4228191023"/>
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        <balance>9410.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>403030.30000000</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>Heritage Insurance Holdings Inc</name>
        <lei>9845008CCYDD87F66B45</lei>
        <title>Heritage Insurance Holdings, Inc. </title>
        <cusip>42727J102</cusip>
        <identifiers>
          <isin value="US42727J1025"/>
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        <balance>25670.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>370161.40000000</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>Hometrust Bancshares Inc.</name>
        <lei>N/A</lei>
        <title>HomeTrust Bancshares, Inc. </title>
        <cusip>437872104</cusip>
        <identifiers>
          <isin value="US4378721041"/>
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        <balance>9160.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>314004.80000000</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>Independent Bank Corp Michigan</name>
        <lei>N/A</lei>
        <title>Independent Bank Corp Michigan </title>
        <cusip>453838609</cusip>
        <identifiers>
          <isin value="US4538386099"/>
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        <balance>12962.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>399099.98000000</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>Ingredion Incorporated</name>
        <lei>PKSTQ48QDN0XSVS7YK88</lei>
        <title>Ingredion, Inc. </title>
        <cusip>457187102</cusip>
        <identifiers>
          <isin value="US4571871023"/>
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        <balance>2380.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>321799.80000000</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>Insteel Industries Inc.</name>
        <lei>52990026LKY4MOX3L174</lei>
        <title>Insteel Industries, Inc. </title>
        <cusip>45774W108</cusip>
        <identifiers>
          <isin value="US45774W1080"/>
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        <balance>10690.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>281147.00000000</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>Innoviva Inc</name>
        <lei>549300ACOX4QTBES6535</lei>
        <title>Innoviva, Inc. </title>
        <cusip>45781M101</cusip>
        <identifiers>
          <isin value="US45781M1018"/>
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        <balance>21300.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>386169.00000000</valUSD>
        <pctVal>0.422919543759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Innovative Industrial Propertes Inc</name>
        <lei>5493008BQ0545EZXRR30</lei>
        <title>Innovative Industrial Properties, Inc. </title>
        <cusip>45781V101</cusip>
        <identifiers>
          <isin value="US45781V1017"/>
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        <balance>6432.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>347906.88000000</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>Interface, Inc.</name>
        <lei>549300VXZWQOIDFPU355</lei>
        <title>Interface, Inc. </title>
        <cusip>458665304</cusip>
        <identifiers>
          <isin value="US4586653044"/>
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        <balance>27578.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>547147.52000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <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>Iridium Communications, Inc.</name>
        <lei>549300U620NVQ4J1CT96</lei>
        <title>Iridium Communications, Inc. </title>
        <cusip>46269C102</cusip>
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          <isin value="US46269C1027"/>
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        <balance>7320.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>199982.40000000</valUSD>
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        <assetCat>EC</assetCat>
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        <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>Jabil Inc</name>
        <lei>5493000CGCQY2OQU7669</lei>
        <title>Jabil, Inc. </title>
        <cusip>466313103</cusip>
        <identifiers>
          <isin value="US4663131039"/>
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        <balance>3507.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>477197.49000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Jackson Financial Inc</name>
        <lei>213800WXW2KG1N4CO374</lei>
        <title>Jackson Financial Corp. </title>
        <cusip>46817M107</cusip>
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        <balance>12100.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>1013738.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Kilroy Realty Corporation</name>
        <lei>549300CXXI18B214UN80</lei>
        <title>Kilroy Realty Corp. </title>
        <cusip>49427F108</cusip>
        <identifiers>
          <isin value="US49427F1084"/>
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        <balance>8708.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>285274.08000000</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>Kimco Realty Corporation</name>
        <lei>254900ARY41P4V1JL861</lei>
        <title>Kimco Realty Corp. </title>
        <cusip>49446R109</cusip>
        <identifiers>
          <isin value="US49446R1095"/>
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        <balance>24608.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>522673.92000000</valUSD>
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        <assetCat>EC</assetCat>
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        <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>LTC Properties Inc</name>
        <lei>549300NRZP8IJG2KY677</lei>
        <title>LTC Properties, Inc. </title>
        <cusip>502175102</cusip>
        <identifiers>
          <isin value="US5021751020"/>
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        <balance>12360.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>438162.00000000</valUSD>
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        <assetCat>EC</assetCat>
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        <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>Lantheus Holdings Inc</name>
        <lei>5299005HUB5IOJGO7S39</lei>
        <title>Lantheus Holdings, Inc. </title>
        <cusip>516544103</cusip>
        <identifiers>
          <isin value="US5165441032"/>
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        <balance>4452.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>434515.20000000</valUSD>
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        <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>Vital Energy Inc</name>
        <lei>549300X0PTWU2QSLSL14</lei>
        <title>Vital Energy Inc </title>
        <cusip>516806205</cusip>
        <identifiers>
          <isin value="US5168062058"/>
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        <balance>14470.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>307053.40000000</valUSD>
        <pctVal>0.336274749753</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>Lincoln National Corp.</name>
        <lei>EFQMQROEDSNBRIP7LE47</lei>
        <title>Lincoln National Corp. </title>
        <cusip>534187109</cusip>
        <identifiers>
          <isin value="US5341871094"/>
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        <balance>7450.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>267529.50000000</valUSD>
        <pctVal>0.292989478912</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Lumen Technologies Inc</name>
        <lei>8M3THTGWLTYZVE6BBY25</lei>
        <title>Lumen Technologies, Inc. </title>
        <cusip>550241103</cusip>
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          <isin value="US5502411037"/>
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        <balance>139780.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>547937.60000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Lyft Inc</name>
        <lei>549300H7I5VN334XVZ52</lei>
        <title>Lyft, Inc. </title>
        <cusip>55087P104</cusip>
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          <isin value="US55087P1049"/>
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        <balance>22700.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>269449.00000000</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>
      <invstOrSec>
        <name>MDU Resources Group, Inc.</name>
        <lei>549300MA0UV6AI6SNV27</lei>
        <title>MDU Resources Group, Inc. </title>
        <cusip>552690109</cusip>
        <identifiers>
          <isin value="US5526901096"/>
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        <balance>18370.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>310636.70000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MGIC Investment Corp.</name>
        <lei>254900S8483WM4M98R28</lei>
        <title>MGIC Investment Corp. </title>
        <cusip>552848103</cusip>
        <identifiers>
          <isin value="US5528481030"/>
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        <balance>12857.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>318596.46000000</valUSD>
        <pctVal>0.348916328101</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>MRC Global Inc</name>
        <lei>529900TSBPOLCLI2L582</lei>
        <title>MRC Global, Inc. </title>
        <cusip>55345K103</cusip>
        <identifiers>
          <isin value="US55345K1034"/>
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        <balance>29390.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>337397.20000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Magnolia Oil &amp; Gas Corporation</name>
        <lei>N/A</lei>
        <title>Magnolia Oil &amp; Gas Corp. </title>
        <cusip>559663109</cusip>
        <identifiers>
          <isin value="US5596631094"/>
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        <balance>13350.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>337221.00000000</valUSD>
        <pctVal>0.369313309628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Marcus Corp</name>
        <lei>549300NL0OKPNEMP6B79</lei>
        <title>Marcus Corp./The </title>
        <cusip>566330106</cusip>
        <identifiers>
          <isin value="US5663301068"/>
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        <balance>8107.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>135305.83000000</valUSD>
        <pctVal>0.148182479410</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Matador Resources Company</name>
        <lei>549300CI3Q2UUK5R4G79</lei>
        <title>Matador Resources Co. </title>
        <cusip>576485205</cusip>
        <identifiers>
          <isin value="US5764852050"/>
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        <balance>4660.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>238079.40000000</valUSD>
        <pctVal>0.260736701357</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Matson Inc</name>
        <lei>549300OI5H3Y0I9I4I12</lei>
        <title>Matson, Inc. </title>
        <cusip>57686G105</cusip>
        <identifiers>
          <isin value="US57686G1058"/>
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        <balance>5216.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>668534.72000000</valUSD>
        <pctVal>0.732157161163</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mattel, Inc.</name>
        <lei>549300VELLG24KHTJ564</lei>
        <title>Mattel, Inc. </title>
        <cusip>577081102</cusip>
        <identifiers>
          <isin value="US5770811025"/>
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        <balance>14090.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>273768.70000000</valUSD>
        <pctVal>0.299822444835</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mayville Engineering Company Inc</name>
        <lei>9845008D43E42A7FC362</lei>
        <title>Mayville Engineering Co., Inc. </title>
        <cusip>578605107</cusip>
        <identifiers>
          <isin value="US5786051079"/>
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        <balance>15480.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>207896.40000000</valUSD>
        <pctVal>0.227681275910</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>Pediatrix Medical Group Inc</name>
        <lei>N/A</lei>
        <title>MEDNAX, Inc. </title>
        <cusip>58502B106</cusip>
        <identifiers>
          <isin value="US58502B1061"/>
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        <balance>34750.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>503527.50000000</valUSD>
        <pctVal>0.551446699683</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Mercantile Bank Corp.</name>
        <lei>P16VZZCKTJ5IONL6XE37</lei>
        <title>Mercantile Bank Corp. </title>
        <cusip>587376104</cusip>
        <identifiers>
          <isin value="US5873761044"/>
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        <balance>7999.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>347476.56000000</valUSD>
        <pctVal>0.380544860468</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>
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      <invstOrSec>
        <name>Mohawk Industries, Inc.</name>
        <lei>549300JI1115MG3Q6322</lei>
        <title>Mohawk Industries, Inc. </title>
        <cusip>608190104</cusip>
        <identifiers>
          <isin value="US6081901042"/>
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        <balance>2080.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>237494.40000000</valUSD>
        <pctVal>0.260096028664</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Monarch Casino &amp; Resort Inc</name>
        <lei>549300AK5FF7KY11V997</lei>
        <title>Monarch Casino &amp; Resort, Inc. </title>
        <cusip>609027107</cusip>
        <identifiers>
          <isin value="US6090271072"/>
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        <balance>3870.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>300892.50000000</valUSD>
        <pctVal>0.329527535406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mueller Industries Inc.</name>
        <lei>5493005IZFE4VJLLYG84</lei>
        <title>Mueller Industries, Inc. </title>
        <cusip>624756102</cusip>
        <identifiers>
          <isin value="US6247561029"/>
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        <balance>8557.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>651529.98000000</valUSD>
        <pctVal>0.713534131136</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Mr Cooper Group Inc</name>
        <lei>549300KD8C6DPXYC2M26</lei>
        <title>Mr Cooper Group, Inc. </title>
        <cusip>62482R107</cusip>
        <identifiers>
          <isin value="US62482R1077"/>
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        <balance>7989.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>955484.40000000</valUSD>
        <pctVal>1.046414980272</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>National Fuel Gas Company</name>
        <lei>8JB38FFW1Y3C1HM8E841</lei>
        <title>National Fuel Gas Co. </title>
        <cusip>636180101</cusip>
        <identifiers>
          <isin value="US6361801011"/>
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        <balance>5055.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>400305.45000000</valUSD>
        <pctVal>0.438401317242</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Netgear Inc</name>
        <lei>54930067KX3UNRHDWA78</lei>
        <title>NETGEAR, Inc. </title>
        <cusip>64111Q104</cusip>
        <identifiers>
          <isin value="US64111Q1040"/>
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        <balance>13070.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>319692.20000000</valUSD>
        <pctVal>0.350116346385</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>New Jersey Resources Corp.</name>
        <lei>549300QKBSQBIX4DQ583</lei>
        <title>New Jersey Resources Corp. </title>
        <cusip>646025106</cusip>
        <identifiers>
          <isin value="US6460251068"/>
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        <balance>5710.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>280132.60000000</valUSD>
        <pctVal>0.306791978082</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Rithm Capital Corp.</name>
        <lei>549300WNTHGEO5LP2G31</lei>
        <title>Rithm Capital Corp. </title>
        <cusip>64828T201</cusip>
        <identifiers>
          <isin value="US64828T2015"/>
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        <balance>28784.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>329576.80000000</valUSD>
        <pctVal>0.360941634076</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Nexstar Media Group Inc</name>
        <lei>52990083ZRR5UT591988</lei>
        <title>Nexstar Media Group, Inc. </title>
        <cusip>65336K103</cusip>
        <identifiers>
          <isin value="US65336K1034"/>
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        <balance>1520.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>272414.40000000</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>Northeast Bank</name>
        <lei>549300F0LV9TSW34E306</lei>
        <title>Northeast Bank </title>
        <cusip>66405S100</cusip>
        <identifiers>
          <isin value="US66405S1006"/>
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        <balance>5862.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>536607.48000000</valUSD>
        <pctVal>0.587674802015</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>Northeast Community Bancorp Inc</name>
        <lei>5493007BRYL8596Q9L26</lei>
        <title>Northeast Community Bancorp Inc. </title>
        <cusip>664121100</cusip>
        <identifiers>
          <isin value="US6641211007"/>
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        <balance>12600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>295344.00000000</valUSD>
        <pctVal>0.323451001328</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>Northern Trust Corporation</name>
        <lei>549300GLF98S992BC502</lei>
        <title>Northern Trust Corp. </title>
        <cusip>665859104</cusip>
        <identifiers>
          <isin value="US6658591044"/>
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        <balance>2920.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Northwest Natural Holding Company</name>
        <lei>254900PSJL6ZEC8FR782</lei>
        <title>Northwest Natural Holdings Co. </title>
        <cusip>66765N105</cusip>
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          <isin value="US66765N1054"/>
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        <balance>2030.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
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          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>NorthWestern Energy Group Inc</name>
        <lei>254900N1WG46G1VMDM34</lei>
        <title>NorthWestern Corp. </title>
        <cusip>668074305</cusip>
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          <isin value="US6680743050"/>
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        <balance>10260.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Gen Digital Inc</name>
        <lei>YF6ZV0M6AU4FY94MK914</lei>
        <title>Gen Digital, Inc. </title>
        <cusip>668771108</cusip>
        <identifiers>
          <isin value="US6687711084"/>
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        <balance>6740.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>DNOW Inc.</name>
        <lei>549300AVH5SOCFVVDW91</lei>
        <title>NOW, Inc. </title>
        <cusip>67011P100</cusip>
        <identifiers>
          <isin value="US67011P1003"/>
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        <balance>26710.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>456206.80000000</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>OFG Bancorp</name>
        <lei>549300Q4QEXJ37LEXQ06</lei>
        <title>OFG Bancorp </title>
        <cusip>67103X102</cusip>
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          <isin value="PR67103X1020"/>
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        <balance>15243.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>610024.86000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PR</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Omnicell Inc</name>
        <lei>5493008RH0GTKHHPZI77</lei>
        <title>Omnicell, Inc. </title>
        <cusip>68213N109</cusip>
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          <isin value="US68213N1090"/>
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        <balance>10780.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>376868.80000000</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>OraSure Technologies Inc.</name>
        <lei>529900GNNJPNM4XHXQ77</lei>
        <title>OraSure Technologies, Inc. </title>
        <cusip>68554V108</cusip>
        <identifiers>
          <isin value="US68554V1089"/>
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        <balance>73501.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>247698.37000000</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>Orchid Island Capital Inc.</name>
        <lei>549300KBIHGT19K9DY89</lei>
        <title>Orchid Island Capital Inc </title>
        <cusip>68571X301</cusip>
        <identifiers>
          <isin value="US68571X3017"/>
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        <balance>40310.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>303131.20000000</valUSD>
        <pctVal>0.331979285761</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Organon &amp; Co</name>
        <lei>549300AMCKY57OK2CO56</lei>
        <title>Organon &amp; Co. </title>
        <cusip>68622V106</cusip>
        <identifiers>
          <isin value="US68622V1061"/>
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        <balance>15000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>223350.00000000</valUSD>
        <pctVal>0.244605548603</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Otter Tail Corporation</name>
        <lei>N/A</lei>
        <title>Otter Tail Corp. </title>
        <cusip>689648103</cusip>
        <identifiers>
          <isin value="US6896481032"/>
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        <balance>8059.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>647701.83000000</valUSD>
        <pctVal>0.709341667600</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Ovintiv Inc</name>
        <lei>2549003MEX7YMKLGI239</lei>
        <title>Ovintiv, Inc. </title>
        <cusip>69047Q102</cusip>
        <identifiers>
          <isin value="US69047Q1022"/>
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        <balance>6840.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>292752.00000000</valUSD>
        <pctVal>0.320612328474</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PC Connection Inc.</name>
        <lei>5299005WPRNIXDV2KM73</lei>
        <title>PC Connection, Inc. </title>
        <cusip>69318J100</cusip>
        <identifiers>
          <isin value="US69318J1007"/>
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        <balance>5238.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>326955.96000000</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>PRA Group Inc.</name>
        <lei>549300Q5HW3JSSB86K27</lei>
        <title>PRA Group, Inc. </title>
        <cusip>69354N106</cusip>
        <identifiers>
          <isin value="US69354N1063"/>
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        <balance>16570.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>341673.40000000</valUSD>
        <pctVal>0.374189431162</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Pacira Biosciences Inc</name>
        <lei>549300P56LERYBDHCF69</lei>
        <title>Pacira Pharmaceuticals, Inc./DE </title>
        <cusip>695127100</cusip>
        <identifiers>
          <isin value="US6951271005"/>
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        <balance>14820.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>368277.00000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <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>Park Hotels &amp; Resorts Inc.</name>
        <lei>5493005UZ5TQN0H6HS73</lei>
        <title>Park Hotels &amp; Resorts, Inc. </title>
        <cusip>700517105</cusip>
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        <balance>24705.00000000</balance>
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        <assetCat>EC</assetCat>
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        <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>Patterson-UTI Energy Inc.</name>
        <lei>254900XGFBKIXD6G0697</lei>
        <title>Patterson-UTI Energy, Inc. </title>
        <cusip>703481101</cusip>
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        <balance>61740.00000000</balance>
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        <curCd>USD</curCd>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>PennyMac Mortgage Investment Trust</name>
        <lei>549300BSSOQO1ZWDUJ97</lei>
        <title>PennyMac Mortgage Investment Trust </title>
        <cusip>70931T103</cusip>
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          <isin value="US70931T1034"/>
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        <balance>28750.00000000</balance>
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        <payoffProfile>Long</payoffProfile>
        <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>Perimeter Solutions Inc.</name>
        <lei>N/A</lei>
        <title>Perimeter Solutions Inc </title>
        <cusip>71385M107</cusip>
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          <isin value="US71385M1071"/>
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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>Permian Resources Corp</name>
        <lei>529900NXUJPOKU7OJ511</lei>
        <title>Permian Resources Corp. </title>
        <cusip>71424F105</cusip>
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        <assetCat>EC</assetCat>
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        <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>Phibro Animal Health Corporation</name>
        <lei>549300U24SP4AF2JUX52</lei>
        <title>Phibro Animal Health Corp. </title>
        <cusip>71742Q106</cusip>
        <identifiers>
          <isin value="US71742Q1067"/>
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        <balance>16830.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>359488.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Phinia Inc.</name>
        <lei>254900HG6MORZE1FFM18</lei>
        <title>Phinia, Inc. </title>
        <cusip>71880K101</cusip>
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        <balance>9220.00000000</balance>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Photronics Inc.</name>
        <lei>549300OK5JVNIBNY6F63</lei>
        <title>Photronics, Inc. </title>
        <cusip>719405102</cusip>
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        <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>Pilgrims Pride Corporation</name>
        <lei>549300ZSLGV64ZL3HD75</lei>
        <title>Pilgrim's Pride Corp. </title>
        <cusip>72147K108</cusip>
        <identifiers>
          <isin value="US72147K1088"/>
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        <balance>6440.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>351044.40000000</valUSD>
        <pctVal>0.384452241084</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>Pinnacle West Capital Corp.</name>
        <lei>TWSEY0NEDUDCKS27AH81</lei>
        <title>Pinnacle West Capital Corp. </title>
        <cusip>723484101</cusip>
        <identifiers>
          <isin value="US7234841010"/>
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        <balance>3310.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>315277.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Pitney Bowes Inc.</name>
        <lei>549300N2O26NW4ST6W55</lei>
        <title>Pitney Bowes Inc. </title>
        <cusip>724479100</cusip>
        <identifiers>
          <isin value="US7244791007"/>
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        <balance>38110.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>344895.50000000</valUSD>
        <pctVal>0.377718168741</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>Plexus Corp</name>
        <lei>549300W7HCBI5YT25I79</lei>
        <title>Plexus Corp. </title>
        <cusip>729132100</cusip>
        <identifiers>
          <isin value="US7291321005"/>
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        <balance>3650.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>467674.50000000</valUSD>
        <pctVal>0.512181677368</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 Company</name>
        <lei>GJOUP9M7C39GLSK9R870</lei>
        <title>Portland General Electric Co. </title>
        <cusip>736508847</cusip>
        <identifiers>
          <isin value="US7365088472"/>
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        <balance>14747.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>657716.20000000</valUSD>
        <pctVal>0.720309075112</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 Bank</name>
        <lei>5493007K6HGI9G0ECX16</lei>
        <title>Preferred Bank </title>
        <cusip>740367404</cusip>
        <identifiers>
          <isin value="US7403674044"/>
        </identifiers>
        <balance>4432.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>370781.12000000</valUSD>
        <pctVal>0.406067245441</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>Premier Inc</name>
        <lei>N/A</lei>
        <title>Premier, Inc. </title>
        <cusip>74051N102</cusip>
        <identifiers>
          <isin value="US74051N1028"/>
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        <balance>16400.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>316192.00000000</valUSD>
        <pctVal>0.346283042865</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>Primoris Services Corp.</name>
        <lei>549300UF3OLBJ8D5K349</lei>
        <title>Primoris Services Corp. </title>
        <cusip>74164F103</cusip>
        <identifiers>
          <isin value="US74164F1030"/>
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        <balance>4870.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>279586.70000000</valUSD>
        <pctVal>0.306194126419</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>ProPetro Holding Corp.</name>
        <lei>N/A</lei>
        <title>ProPetro Holding Corp. </title>
        <cusip>74347M108</cusip>
        <identifiers>
          <isin value="US74347M1080"/>
        </identifiers>
        <balance>43590.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>320386.50000000</valUSD>
        <pctVal>0.350876720830</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>QCR Holdings Inc.</name>
        <lei>549300MWKWM7KWJVQO33</lei>
        <title>QCR Holdings, Inc. </title>
        <cusip>74727A104</cusip>
        <identifiers>
          <isin value="US74727A1043"/>
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        <balance>5840.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>416508.80000000</valUSD>
        <pctVal>0.456146691390</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>RLJ Lodging Trust LP</name>
        <lei>N/A</lei>
        <title>RLJ Lodging Trust </title>
        <cusip>74965L101</cusip>
        <identifiers>
          <isin value="US74965L1017"/>
        </identifiers>
        <balance>42330.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>333983.70000000</valUSD>
        <pctVal>0.365767925511</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>The RMR Group Inc.</name>
        <lei>549300JP4L34E48UJM16</lei>
        <title>RMR Group, Inc./The </title>
        <cusip>74967R106</cusip>
        <identifiers>
          <isin value="US74967R1068"/>
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        <balance>16659.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>277372.35000000</valUSD>
        <pctVal>0.303769043380</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>Radian Group Inc.</name>
        <lei>54930005OUP720S5U385</lei>
        <title>Radian Group, Inc. </title>
        <cusip>750236101</cusip>
        <identifiers>
          <isin value="US7502361014"/>
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        <balance>10668.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>352790.76000000</valUSD>
        <pctVal>0.386364796919</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>Ralph Lauren Corp.</name>
        <lei>HO1QNWM0IXBZ0QSMMO20</lei>
        <title>Ralph Lauren Corp. </title>
        <cusip>751212101</cusip>
        <identifiers>
          <isin value="US7512121010"/>
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        <balance>1220.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>269302.80000000</valUSD>
        <pctVal>0.294931538546</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>Range Resources Corp.</name>
        <lei>H3Y3WLYCX0BTO1TRW162</lei>
        <title>Range Resources Corp. </title>
        <cusip>75281A109</cusip>
        <identifiers>
          <isin value="US75281A1097"/>
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        <balance>6990.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>279110.70000000</valUSD>
        <pctVal>0.305672826928</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rayonier Inc</name>
        <lei>HGV8VDVNL0W6SF2U9C50</lei>
        <title>Rayonier, Inc. </title>
        <cusip>754907103</cusip>
        <identifiers>
          <isin value="US7549071030"/>
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        <balance>10060.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>280472.80000000</valUSD>
        <pctVal>0.307164553894</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rayonier Advanced Materials Inc</name>
        <lei>54930053QJ7OUGZG4F72</lei>
        <title>Rayonier Advanced Materials, Inc. </title>
        <cusip>75508B104</cusip>
        <identifiers>
          <isin value="US75508B1044"/>
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        <balance>46050.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>264787.50000000</valUSD>
        <pctVal>0.289986531008</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>Renasant Corp.</name>
        <lei>549300OVE6OZHW2UUH81</lei>
        <title>Renasant Corp. </title>
        <cusip>75970E107</cusip>
        <identifiers>
          <isin value="US75970E1073"/>
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        <balance>12580.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>426839.40000000</valUSD>
        <pctVal>0.467460423561</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>Ringcentral Inc</name>
        <lei>549300C8EH0H1614VE84</lei>
        <title>RingCentral, Inc. </title>
        <cusip>76680R206</cusip>
        <identifiers>
          <isin value="US76680R2067"/>
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        <balance>10090.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>249828.40000000</valUSD>
        <pctVal>0.273603818395</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Rush Enterprises Inc.</name>
        <lei>529900V3XHTN7A6DFT17</lei>
        <title>Rush Enterprises, Inc. </title>
        <cusip>781846209</cusip>
        <identifiers>
          <isin value="US7818462092"/>
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        <balance>9680.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>517008.80000000</valUSD>
        <pctVal>0.566210974509</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ryerson Holding Corporation</name>
        <lei>549300JMA41B3ZHOVE45</lei>
        <title>Ryerson Holding Corp. </title>
        <cusip>783754104</cusip>
        <identifiers>
          <isin value="US7837541041"/>
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        <balance>13810.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>317077.60000000</valUSD>
        <pctVal>0.347252922757</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sabra Health Care REIT, Inc.</name>
        <lei>549300E3BC7GU7TAZ621</lei>
        <title>Sabra Health Care REIT, Inc. </title>
        <cusip>78573L106</cusip>
        <identifiers>
          <isin value="US78573L1061"/>
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        <balance>36060.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>629968.20000000</valUSD>
        <pctVal>0.689920381301</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Safehold Inc.</name>
        <lei>QFFLKWYYS3UPWD86E794</lei>
        <title>Safehold, Inc. </title>
        <cusip>78646V107</cusip>
        <identifiers>
          <isin value="US78646V1070"/>
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        <balance>20630.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>386193.60000000</valUSD>
        <pctVal>0.422946484867</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sally Beauty Holdings Inc.</name>
        <lei>529900VXW6E8ONDIQ271</lei>
        <title>Sally Beauty Holdings, Inc. </title>
        <cusip>79546E104</cusip>
        <identifiers>
          <isin value="US79546E1047"/>
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        <balance>35610.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>321558.30000000</valUSD>
        <pctVal>0.352160037517</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>ScanSource Inc.</name>
        <lei>7FHBAN017QDY4K2KP156</lei>
        <title>ScanSource, Inc. </title>
        <cusip>806037107</cusip>
        <identifiers>
          <isin value="US8060371072"/>
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        <balance>9030.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>307110.30000000</valUSD>
        <pctVal>0.336337064755</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>The Scotts Miracle-Gro Company</name>
        <lei>2TH9E0JTOUXOEGI2R879</lei>
        <title>Scotts Miracle-Gro Co./The </title>
        <cusip>810186106</cusip>
        <identifiers>
          <isin value="US8101861065"/>
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        <balance>4880.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>267863.20000000</valUSD>
        <pctVal>0.293354936138</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>Select Medical Holdings Corporation</name>
        <lei>N/A</lei>
        <title>Select Medical Holdings Corp. </title>
        <cusip>81619Q105</cusip>
        <identifiers>
          <isin value="US81619Q1058"/>
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        <balance>10133.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>169221.10000000</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>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Shore Bancshares Inc.</name>
        <lei>N/A</lei>
        <title>Shore Bancshares, Inc. </title>
        <cusip>825107105</cusip>
        <identifiers>
          <isin value="US8251071051"/>
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        <balance>22210.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>300723.40000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Silgan Holdings Inc.</name>
        <lei>KAF673KJXD92C8KSLU49</lei>
        <title>Siligan Holdgins, Inc. </title>
        <cusip>827048109</cusip>
        <identifiers>
          <isin value="US8270481091"/>
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        <balance>6000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>306720.00000000</valUSD>
        <pctVal>0.335909621077</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Sitio Royalties Corp</name>
        <lei>N/A</lei>
        <title>Sitio Royalties Corp. </title>
        <cusip>82983N108</cusip>
        <identifiers>
          <isin value="US82983N1081"/>
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        <balance>19440.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>386272.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Skywest Inc</name>
        <lei>529900UYS2KGS6Z42P09</lei>
        <title>SkyWest, Inc. </title>
        <cusip>830879102</cusip>
        <identifiers>
          <isin value="US8308791024"/>
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        <balance>8704.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>760468.48000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>South Plains Financial Inc.</name>
        <lei>549300SNEBP48642N493</lei>
        <title>South Plains Financial, Inc. </title>
        <cusip>83946P107</cusip>
        <identifiers>
          <isin value="US83946P1075"/>
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        <balance>9123.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>302153.76000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Standard Motor Products, Inc.</name>
        <lei>THGK1EO5B5HK0JHQVZ90</lei>
        <title>Standard Motor Products, Inc. </title>
        <cusip>853666105</cusip>
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          <isin value="US8536661056"/>
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        <balance>12160.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>303148.80000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Steelcase Inc</name>
        <lei>GIE4CCPBJDI8SMV1OX95</lei>
        <title>Steelcase, Inc. </title>
        <cusip>858155203</cusip>
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          <isin value="US8581552036"/>
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        <balance>31522.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>345481.12000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sterling Infrastructure Inc</name>
        <lei>549300RZIK6K1215XU51</lei>
        <title>Sterling Construction Co., Inc. </title>
        <cusip>859241101</cusip>
        <identifiers>
          <isin value="US8592411016"/>
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        <balance>3566.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>403706.86000000</valUSD>
        <pctVal>0.442126429215</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sun Country Airlines Holdings Inc.</name>
        <lei>549300MOHOJN9GH0NJ48</lei>
        <title>Sun Country Airlines Holdings Inc. </title>
        <cusip>866683105</cusip>
        <identifiers>
          <isin value="US8666831057"/>
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        <balance>21920.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>270054.40000000</valUSD>
        <pctVal>0.295754666061</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>SunCoke Energy, Inc.</name>
        <lei>1KF1J2NXQE2PI0QOB943</lei>
        <title>SunCoke Energy, Inc. </title>
        <cusip>86722A103</cusip>
        <identifiers>
          <isin value="US86722A1034"/>
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        <balance>40304.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>370796.80000000</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>Supernus Pharmaceuticals, Inc</name>
        <lei>549300GRM36VBKISYJ58</lei>
        <title>Supernus Pharmaceuticals, Inc. </title>
        <cusip>868459108</cusip>
        <identifiers>
          <isin value="US8684591089"/>
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        <balance>11970.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>392017.50000000</valUSD>
        <pctVal>0.429324627936</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Sylvamo Corp.</name>
        <lei>5493001AOYU1ZOWOC971</lei>
        <title>Sylvamo Corp. </title>
        <cusip>871332102</cusip>
        <identifiers>
          <isin value="US8713321029"/>
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        <balance>6040.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>405102.80000000</valUSD>
        <pctVal>0.443655216631</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>TD Synnex Corp</name>
        <lei>5493004HI6PFLF46NS53</lei>
        <title>TD SYNNEX Corp. </title>
        <cusip>87162W100</cusip>
        <identifiers>
          <isin value="US87162W1009"/>
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        <balance>2650.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>275494.00000000</valUSD>
        <pctVal>0.301711936453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Synchrony Financial</name>
        <lei>549300RS7EWPM9MA6C78</lei>
        <title>Synchrony Financial </title>
        <cusip>87165B103</cusip>
        <identifiers>
          <isin value="US87165B1035"/>
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        <balance>7999.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>423467.06000000</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>Tactile Systems Technology Inc.</name>
        <lei>54930069VDTITHOTKJ98</lei>
        <title>Tactile Systems Technology, Inc. </title>
        <cusip>87357P100</cusip>
        <identifiers>
          <isin value="US87357P1003"/>
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        <balance>22120.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>292426.40000000</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>Tenet Healthcare Corporation</name>
        <lei>0W9AIBT6U6ADJ2I8HK17</lei>
        <title>Tenet Healthcare Corp. </title>
        <cusip>88033G407</cusip>
        <identifiers>
          <isin value="US88033G4073"/>
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        <balance>3023.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>406593.50000000</valUSD>
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        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
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        <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>Third Coast Bancshares Inc.</name>
        <lei>N/A</lei>
        <title>Third Coast Bancshares Inc. </title>
        <cusip>88422P109</cusip>
        <identifiers>
          <isin value="US88422P1093"/>
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        <balance>8920.00000000</balance>
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        <valUSD>297660.40000000</valUSD>
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        <assetCat>EC</assetCat>
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        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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      <invstOrSec>
        <name>Titan International, Inc.</name>
        <lei>254900CXRGBE7C4B5A06</lei>
        <title>Titan International, Inc. </title>
        <cusip>88830M102</cusip>
        <identifiers>
          <isin value="US88830M1027"/>
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        <balance>37180.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>311940.20000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Travel Plus Leisure Co</name>
        <lei>T4VNTWMFQ7JQB65L7T35</lei>
        <title>Travel + Leisure Co </title>
        <cusip>894164102</cusip>
        <identifiers>
          <isin value="US8941641024"/>
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        <balance>5810.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>268944.90000000</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>Tutor Perini Corporation</name>
        <lei>549300FHXYVPW8LJ6D98</lei>
        <title>Tutor Perini Corp. </title>
        <cusip>901109108</cusip>
        <identifiers>
          <isin value="US9011091082"/>
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        <balance>16100.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>373198.00000000</valUSD>
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        <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>UGI Corp</name>
        <lei>DX6GCWD4Q1JO9CRE5I40</lei>
        <title>UGI Corp. </title>
        <cusip>902681105</cusip>
        <identifiers>
          <isin value="US9026811052"/>
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        <balance>8430.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>278780.10000000</valUSD>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>UMB Financial Corp.</name>
        <lei>549300MGEH3N3CUCV828</lei>
        <title>UMB Financial Corp. </title>
        <cusip>902788108</cusip>
        <identifiers>
          <isin value="US9027881088"/>
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        <balance>6560.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>663216.00000000</valUSD>
        <pctVal>0.726332274557</pctVal>
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        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
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          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>United Fire Group Inc</name>
        <lei>N/A</lei>
        <title>United Fire Group, Inc. </title>
        <cusip>910340108</cusip>
        <identifiers>
          <isin value="US9103401082"/>
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        <balance>12520.00000000</balance>
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        <curCd>USD</curCd>
        <valUSD>368839.20000000</valUSD>
        <pctVal>0.403940518748</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>United Natural Foods, Inc.</name>
        <lei>549300GKGW6WPZ282D40</lei>
        <title>United Natural Foods, Inc. </title>
        <cusip>911163103</cusip>
        <identifiers>
          <isin value="US9111631035"/>
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        <balance>14570.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>399072.30000000</valUSD>
        <pctVal>0.437050812061</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>Uniti Group Inc</name>
        <lei>549300V3NU625PJUVA84</lei>
        <title>Uniti Group, Inc. </title>
        <cusip>91325V108</cusip>
        <identifiers>
          <isin value="US91325V1089"/>
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        <balance>115469.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>581963.76000000</valUSD>
        <pctVal>0.637347502941</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>Universal Health Services, Inc.</name>
        <lei>549300YGMGQDO0NMJD09</lei>
        <title>Universal Health Services, Inc. </title>
        <cusip>913903100</cusip>
        <identifiers>
          <isin value="US9139031002"/>
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        <balance>2267.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>425969.30000000</valUSD>
        <pctVal>0.466507518758</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>Univest Financial Corp.</name>
        <lei>4WII2HCR8UEWNU03U507</lei>
        <title>Univest Financial Corp. </title>
        <cusip>915271100</cusip>
        <identifiers>
          <isin value="US9152711001"/>
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        <balance>15780.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>447520.80000000</valUSD>
        <pctVal>0.490110010277</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Unum Group</name>
        <lei>549300E32YFDO6TZ8R31</lei>
        <title>Unum Group </title>
        <cusip>91529Y106</cusip>
        <identifiers>
          <isin value="US91529Y1064"/>
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        <balance>7317.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>596042.82000000</valUSD>
        <pctVal>0.652766424791</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>Urban Outfitters Inc.</name>
        <lei>549300N3DUFR5U6NRN38</lei>
        <title>Urban Outfitters, Inc. </title>
        <cusip>917047102</cusip>
        <identifiers>
          <isin value="US9170471026"/>
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        <balance>9280.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>486272.00000000</valUSD>
        <pctVal>0.532549045580</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>Valley National Bancorp.</name>
        <lei>549300ET52S1UBIB9762</lei>
        <title>Valley National Bancorp </title>
        <cusip>919794107</cusip>
        <identifiers>
          <isin value="US9197941076"/>
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        <balance>66820.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>594029.80000000</valUSD>
        <pctVal>0.650561831724</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>V2X Inc</name>
        <lei>N/A</lei>
        <title>V2X Inc. </title>
        <cusip>92242T101</cusip>
        <identifiers>
          <isin value="US92242T1016"/>
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        <balance>6760.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>331578.00000000</valUSD>
        <pctVal>0.363133282269</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>Viatris Inc</name>
        <lei>254900ZZTSW7NL773X71</lei>
        <title>Viatris, Inc. </title>
        <cusip>92556V106</cusip>
        <identifiers>
          <isin value="US92556V1061"/>
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        <balance>24822.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>216199.62000000</valUSD>
        <pctVal>0.236774688416</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>Vici Properties Inc</name>
        <lei>254900RKH6RY9KCJQH63</lei>
        <title>VICI Properties, Inc. </title>
        <cusip>925652109</cusip>
        <identifiers>
          <isin value="US9256521090"/>
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        <balance>15550.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>507241.00000000</valUSD>
        <pctVal>0.555513602324</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>Victorias Secret and Co</name>
        <lei>5493006T3O70U3UWVF17</lei>
        <title>Victoria's Secret &amp; Co. </title>
        <cusip>926400102</cusip>
        <identifiers>
          <isin value="US9264001028"/>
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        <balance>12860.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>238938.80000000</valUSD>
        <pctVal>0.261677887873</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>Warner Bros. Discovery Inc.</name>
        <lei>5493006ZCRFWKF6B1K26</lei>
        <title>Warner Bros Discovery, Inc. </title>
        <cusip>934423104</cusip>
        <identifiers>
          <isin value="US9344231041"/>
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        <balance>28980.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>310955.40000000</valUSD>
        <pctVal>0.340548091373</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>Webster Financial Corp.</name>
        <lei>KMRURHT0VWKYS6Z5KU67</lei>
        <title>Webster Financial Corp. </title>
        <cusip>947890109</cusip>
        <identifiers>
          <isin value="US9478901096"/>
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        <balance>3630.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>187126.50000000</valUSD>
        <pctVal>0.204934766916</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>Wintrust Financial Corporation</name>
        <lei>Q774KI4AW80FHFW33O61</lei>
        <title>Wintrust Financial Corp. </title>
        <cusip>97650W108</cusip>
        <identifiers>
          <isin value="US97650W1080"/>
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        <balance>3189.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>358634.94000000</valUSD>
        <pctVal>0.392765149975</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>World Kinect Corporation</name>
        <lei>D3W7PCXCBRQLL17DZ313</lei>
        <title>World Fuel Services Corp. </title>
        <cusip>981475106</cusip>
        <identifiers>
          <isin value="US9814751064"/>
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        <balance>13600.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>385696.00000000</valUSD>
        <pctVal>0.422401529769</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      <invstOrSec>
        <name>Zions Bancorporation Natl Assn Global Bank</name>
        <lei>8WH0EE09O9V05QJZ3V89</lei>
        <title>Zions Bancorporation </title>
        <cusip>989701107</cusip>
        <identifiers>
          <isin value="US9897011071"/>
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        <balance>6760.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>337053.60000000</valUSD>
        <pctVal>0.369129978673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Assured Guaranty Ltd.</name>
        <lei>549300BBOQUJEPH87M14</lei>
        <title>Assured Guaranty Ltd. </title>
        <cusip>G0585R106</cusip>
        <identifiers>
          <isin value="BMG0585R1060"/>
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        <balance>3290.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>289849.00000000</valUSD>
        <pctVal>0.317433058684</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>
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      <invstOrSec>
        <name>AXIS Capital Holdings Limited</name>
        <lei>635400VD2NQBYAHMEM55</lei>
        <title>Axis Capital Holdings Ltd. </title>
        <cusip>G0692U109</cusip>
        <identifiers>
          <isin value="BMG0692U1099"/>
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        <balance>5295.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>530770.80000000</valUSD>
        <pctVal>0.581282662711</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>
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      </invstOrSec>
      <invstOrSec>
        <name>The Bank of N.T. Butterfield &amp; Son Limited</name>
        <lei>549300V8RVM0EMTDPF28</lei>
        <title>Bank of NT Butterfield &amp; Son Ltd./The </title>
        <cusip>G0772R208</cusip>
        <identifiers>
          <isin value="BMG0772R2087"/>
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        <balance>11710.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>455753.20000000</valUSD>
        <pctVal>0.499125863056</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>
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      </invstOrSec>
      <invstOrSec>
        <name>Cushman &amp; Wakefield PLC</name>
        <lei>N/A</lei>
        <title>Cushman &amp; Wakefield PLC </title>
        <cusip>G2717B108</cusip>
        <identifiers>
          <isin value="GB00BFZ4N465"/>
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        <balance>29660.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>303125.20000000</valUSD>
        <pctVal>0.331972714759</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Dole PLC</name>
        <lei>635400JUG5XJXOPPJJ47</lei>
        <title>Dole PLC </title>
        <cusip>G27907107</cusip>
        <identifiers>
          <isin value="IE0003LFZ4U7"/>
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        <balance>21975.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>317538.75000000</valUSD>
        <pctVal>0.347757959017</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aptiv PLC</name>
        <lei>N/A</lei>
        <title>Aptiv Holdings Ltd. </title>
        <cusip>G3265R107</cusip>
        <identifiers>
          <isin value="JE00BTDN8H13"/>
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        <balance>4230.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>251685.00000000</valUSD>
        <pctVal>0.275637105440</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>JE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
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      </invstOrSec>
      <invstOrSec>
        <name>Ibex Ltd.</name>
        <lei>5493000GRFLPVYU2CX17</lei>
        <title>IBEX Holdings Ltd </title>
        <cusip>G4690M101</cusip>
        <identifiers>
          <isin value="BMG4690M1010"/>
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        <balance>11580.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>281973.00000000</valUSD>
        <pctVal>0.308807523422</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>Jazz Pharmaceuticals PLC</name>
        <lei>635400GAUMJCLEZRRV50</lei>
        <title>Jazz Pharmaceuticals PLC </title>
        <cusip>G50871105</cusip>
        <identifiers>
          <isin value="IE00B4Q5ZN47"/>
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        <balance>2736.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>339674.40000000</valUSD>
        <pctVal>0.372000192337</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Liberty Global Ltd</name>
        <lei>213800HRMKKTYH7SKA24</lei>
        <title>Liberty Global Ltd </title>
        <cusip>G61188101</cusip>
        <identifiers>
          <isin value="BMG611881019"/>
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        <balance>23800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>273938.00000000</valUSD>
        <pctVal>0.300007856607</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>Norwegian Cruise Line Holdings Ltd</name>
        <lei>N/A</lei>
        <title>Norwegian Cruise Lines Holdings Ltd. </title>
        <cusip>G66721104</cusip>
        <identifiers>
          <isin value="BMG667211046"/>
        </identifiers>
        <balance>13770.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>261079.20000000</valUSD>
        <pctVal>0.285925323236</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>Royalty Pharma PLC</name>
        <lei>549300FGFN7VOK8BZR03</lei>
        <title>Royalty Pharma PLC </title>
        <cusip>G7709Q104</cusip>
        <identifiers>
          <isin value="GB00BMVP7Y09"/>
        </identifiers>
        <balance>10330.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>321572.90000000</valUSD>
        <pctVal>0.352176026955</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>GB</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Inmode Limited</name>
        <lei>984500DD95A35E9BD358</lei>
        <title>Inmode Ltd </title>
        <cusip>M5425M103</cusip>
        <identifiers>
          <isin value="IL0011595993"/>
        </identifiers>
        <balance>7170.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>127195.80000000</valUSD>
        <pctVal>0.139300642216</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>IL</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Banco Latinoamericano De Comercio Exterior SA</name>
        <lei>549300CN3134K4LC0651</lei>
        <title>Banco Latinoamericano de Comercio Exterior SA </title>
        <cusip>P16994132</cusip>
        <identifiers>
          <isin value="PAP169941328"/>
        </identifiers>
        <balance>12440.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>455304.00000000</valUSD>
        <pctVal>0.498633914042</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Copa Holdings SA</name>
        <lei>529900BB9UQJV6QQHA59</lei>
        <title>Copa Holdings SA </title>
        <cusip>P31076105</cusip>
        <identifiers>
          <isin value="PAP310761054"/>
        </identifiers>
        <balance>2903.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>268411.38000000</valUSD>
        <pctVal>0.293955284782</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>PA</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DHT Holdings Inc.</name>
        <lei>549300SMD6IVZYT74K40</lei>
        <title>DHT Holdings, Inc. </title>
        <cusip>Y2065G121</cusip>
        <identifiers>
          <isin value="MHY2065G1219"/>
        </identifiers>
        <balance>35830.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>376215.00000000</valUSD>
        <pctVal>0.412018251478</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>Dorian LPG Ltd.</name>
        <lei>549300WP1W2WGMC7F395</lei>
        <title>Dorian LPT Ltd. </title>
        <cusip>Y2106R110</cusip>
        <identifiers>
          <isin value="MHY2106R1100"/>
        </identifiers>
        <balance>13250.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>296005.00000000</valUSD>
        <pctVal>0.324174906712</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>MH</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2025-03-31</ncom:dateSigned>
      <ncom:nameOfApplicant>Sterling Capital Funds</ncom:nameOfApplicant>
      <ncom:signature>Todd Miller</ncom:signature>
      <ncom:signerName>Todd Miller</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
