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

      <filer>
        <issuerCredentials>
          <cik>0000899148</cik>
          <ccc>XXXXXXXX</ccc>
        </issuerCredentials>
      </filer>


      <seriesClassInfo>
        <seriesId>S000003763</seriesId>
        <classId>C000010438</classId>
        <classId>C000010440</classId>
        <classId>C000088407</classId>
        <classId>C000010439</classId>
      </seriesClassInfo>

    </filerInfo>
  </headerData>
  <formData>
    <genInfo>
      <regName>Rydex Series Funds</regName>
      <regFileNumber>811-07584</regFileNumber>
      <regCik>0000899148</regCik>
      <regLei>5493004D62WV1EDNTU07</regLei>
      <regStreet1>702 King Farm Blvd., Suite 200</regStreet1>
      <regCity>Rockville</regCity>
      <regStateConditional regCountry="US" regState="US-MD"/>
      <regZipOrPostalCode>20850</regZipOrPostalCode>
      <regPhone>301-296-5100</regPhone>
      <seriesName>Multi-Hedge Strategies Fund</seriesName>
      <seriesId>S000003763</seriesId>
      <seriesLei>549300XPBFY7BCNE0409</seriesLei>
      <repPdEnd>2021-12-31</repPdEnd>
      <repPdDate>2021-12-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
    </genInfo>
    <fundInfo>
      <totAssets>70633566.93</totAssets>
      <totLiabs>70600.20</totLiabs>
      <netAssets>70562966.73</netAssets>
      <assetsAttrMiscSec>0.00000000</assetsAttrMiscSec>
      <assetsInvested>1709398.31000000</assetsInvested>
      <amtPayOneYrBanksBorr>0.00000000</amtPayOneYrBanksBorr>
      <amtPayOneYrCtrldComp>0.00000000</amtPayOneYrCtrldComp>
      <amtPayOneYrOthAffil>0.00000000</amtPayOneYrOthAffil>
      <amtPayOneYrOther>0.00000000</amtPayOneYrOther>
      <amtPayAftOneYrBanksBorr>0.00000000</amtPayAftOneYrBanksBorr>
      <amtPayAftOneYrCtrldComp>0.00000000</amtPayAftOneYrCtrldComp>
      <amtPayAftOneYrOthAffil>0.00000000</amtPayAftOneYrOthAffil>
      <amtPayAftOneYrOther>0.00000000</amtPayAftOneYrOther>
      <delayDeliv>0.00000000</delayDeliv>
      <standByCommit>0.00000000</standByCommit>
      <liquidPref>0.00000000</liquidPref>
      <cshNotRptdInCorD>142619.97000000</cshNotRptdInCorD>
      <curMetrics>
        <curMetric>
          <curCd>USD</curCd>
          <intrstRtRiskdv01 period10Yr="6137.99427522" period1Yr="565.83943586" period30Yr="3858.22326466" period3Mon="87.86269228" period5Yr="2174.56470538"/>
          <intrstRtRiskdv100 period10Yr="613799.42752222" period1Yr="56583.94358590" period30Yr="385822.32646551" period3Mon="8786.26922782" period5Yr="217456.47053804"/>
        </curMetric>
      </curMetrics>
      <creditSprdRiskInvstGrade period10Yr="-33.15119099" period1Yr="1334.04322230" period30Yr="-5.93637120" period3Mon="0.00000000" period5Yr="382.38934455"/>
      <creditSprdRiskNonInvstGrade period10Yr="1.95382456" period1Yr="-17.00782232" period30Yr="0.00000000" period3Mon="0.00000000" period5Yr="-284.99917485"/>
      <borrowers>
        <borrower aggrVal="131631.54000000" lei="RCNB6OTYUAMMP879YW96" name="BNP PARIBAS SECURITIES CORP"/>
        <borrower aggrVal="144966.00000000" lei="549300HN4UKV1E2R3U73" name="BOFA SECURITIES, INC"/>
      </borrowers>
      <isNonCashCollateral>N</isNonCashCollateral>
      <returnInfo>
        <monthlyTotReturns>
          <monthlyTotReturn classId="C000010438" rtn1="-1.71129500" rtn2="-0.72545100" rtn3="1.60332800"/>
          <monthlyTotReturn classId="C000010440" rtn1="-1.80239000" rtn2="-0.79815800" rtn3="1.56888200"/>
          <monthlyTotReturn classId="C000088407" rtn1="-1.71378700" rtn2="-0.71171200" rtn3="1.65433900"/>
          <monthlyTotReturn classId="C000010439" rtn1="-1.75128900" rtn2="-0.72743900" rtn3="1.63273600"/>
        </monthlyTotReturns>
        <monthlyReturnCats>
          <commodityContracts>
            <mon1 netRealizedGain="315316.69000000" netUnrealizedAppr="-205648.84000000"/>
            <mon2 netRealizedGain="-130073.70000000" netUnrealizedAppr="-479121.50000000"/>
            <mon3 netRealizedGain="-177148.77000000" netUnrealizedAppr="412353.80000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="315316.69000000" netUnrealizedAppr="-205648.84000000"/>
              <instrMon2 netRealizedGain="-130073.70000000" netUnrealizedAppr="-479121.50000000"/>
              <instrMon3 netRealizedGain="-177148.77000000" netUnrealizedAppr="412353.80000000"/>
            </futureCategory>
          </commodityContracts>
          <equityContracts>
            <mon1 netRealizedGain="-457501.22000000" netUnrealizedAppr="-153358.54000000"/>
            <mon2 netRealizedGain="-570347.58000000" netUnrealizedAppr="1126445.96000000"/>
            <mon3 netRealizedGain="314406.28000000" netUnrealizedAppr="1024154.83000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="-116477.47000000" netUnrealizedAppr="-319623.47000000"/>
              <instrMon2 netRealizedGain="-418710.72000000" netUnrealizedAppr="427234.91000000"/>
              <instrMon3 netRealizedGain="-84917.26000000" netUnrealizedAppr="-105907.15000000"/>
            </futureCategory>
            <swapCategory>
              <instrMon1 netRealizedGain="-341023.75000000" netUnrealizedAppr="166264.93000000"/>
              <instrMon2 netRealizedGain="-151636.86000000" netUnrealizedAppr="699211.05000000"/>
              <instrMon3 netRealizedGain="399323.54000000" netUnrealizedAppr="1130061.98000000"/>
            </swapCategory>
          </equityContracts>
          <foreignExchgContracts>
            <mon1 netRealizedGain="-124703.10000000" netUnrealizedAppr="-228204.21000000"/>
            <mon2 netRealizedGain="-190172.22000000" netUnrealizedAppr="120.64000000"/>
            <mon3 netRealizedGain="175644.92000000" netUnrealizedAppr="-253925.96000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="-124703.10000000" netUnrealizedAppr="-228204.21000000"/>
              <instrMon2 netRealizedGain="-190172.22000000" netUnrealizedAppr="120.64000000"/>
              <instrMon3 netRealizedGain="175644.92000000" netUnrealizedAppr="-253925.96000000"/>
            </futureCategory>
          </foreignExchgContracts>
          <interestRtContracts>
            <mon1 netRealizedGain="-130533.54000000" netUnrealizedAppr="-343375.00000000"/>
            <mon2 netRealizedGain="-793577.09000000" netUnrealizedAppr="707026.49000000"/>
            <mon3 netRealizedGain="193220.30000000" netUnrealizedAppr="-590877.31000000"/>
            <futureCategory>
              <instrMon1 netRealizedGain="-130533.54000000" netUnrealizedAppr="-343375.00000000"/>
              <instrMon2 netRealizedGain="-793577.09000000" netUnrealizedAppr="707026.49000000"/>
              <instrMon3 netRealizedGain="193220.30000000" netUnrealizedAppr="-590877.31000000"/>
            </futureCategory>
          </interestRtContracts>
        </monthlyReturnCats>
        <othMon1 netRealizedGain="111900.66000000" netUnrealizedAppr="107444.29000000"/>
        <othMon2 netRealizedGain="281813.23000000" netUnrealizedAppr="-428401.96000000"/>
        <othMon3 netRealizedGain="-463960.19000000" netUnrealizedAppr="396539.47000000"/>
      </returnInfo>
      <mon1Flow redemption="2833288.22000000" reinvestment="0.00000000" sales="3257163.66000000"/>
      <mon2Flow redemption="2907708.94000000" reinvestment="0.00000000" sales="2361879.59000000"/>
      <mon3Flow redemption="1531441.67000000" reinvestment="628209.04000000" sales="1867998.51000000"/>


    </fundInfo>
    <invstOrSecs>
      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>U.S. Treasury Ultra Long Bond Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="WNH2"/>
        </identifiers>
        <balance>9.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-5436.71000000</valUSD>
        <pctVal>-0.00770476391</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>US 30yr 6.00%</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Interest Rate Future" value="US 30yr 6.00%"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-22</expDate>
            <notionalAmt>1770280.46000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-5436.71000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New York Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>NY Harbor ULSD Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="HOG2"/>
        </identifiers>
        <balance>3.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>14028.75000000</valUSD>
        <pctVal>0.019881179392</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>NY Harbor ULSD</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="NY Harbor ULSD"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-01-31</expDate>
            <notionalAmt>279337.05000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>14028.75000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nuveen New Jersey Quality Muni</name>
        <lei>5493006CFPL75HL16F31</lei>
        <title>Nuveen New Jersey Quality Municipal Income Fund</title>
        <cusip>67069Y102</cusip>
        <identifiers>
          <isin value="US67069Y1029"/>
        </identifiers>
        <balance>6826.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>104983.88000000</valUSD>
        <pctVal>0.148780422458</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gabelli Dividend &amp; Income Trus</name>
        <lei>549300082N1MHBT8NI60</lei>
        <title>Gabelli Dividend &amp; Income Trust</title>
        <cusip>36242H104</cusip>
        <identifiers>
          <isin value="US36242H1041"/>
        </identifiers>
        <balance>7204.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>194508.00000000</valUSD>
        <pctVal>0.275651675395</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>General American Investors Co</name>
        <lei>254900MHIF9G7IS1T951</lei>
        <title>General American Investors Company, Inc.</title>
        <cusip>368802104</cusip>
        <identifiers>
          <isin value="US3688021043"/>
        </identifiers>
        <balance>4423.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>195496.60000000</valUSD>
        <pctVal>0.277052693586</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>London Metal Exchange</name>
        <lei>N/A</lei>
        <title>LME Lead Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LLG2"/>
        </identifiers>
        <balance>3.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>384.75000000</valUSD>
        <pctVal>0.000545257686</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>LME Lead</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="LME Lead"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-02-14</expDate>
            <notionalAmt>173577.75000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>384.75000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>London Metal Exchange</name>
        <lei>N/A</lei>
        <title>LME Zinc Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LXG2"/>
        </identifiers>
        <balance>2.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>12239.00000000</valUSD>
        <pctVal>0.017344792271</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>LME Zinc</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="LME Zinc"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-02-14</expDate>
            <notionalAmt>165893.50000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>12239.00000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Welbilt Inc</name>
        <lei>549300UR3W71YLZWI068</lei>
        <title>Welbilt, Inc.</title>
        <cusip>949090104</cusip>
        <identifiers>
          <isin value="US9490901041"/>
        </identifiers>
        <balance>28767.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>683791.59000000</valUSD>
        <pctVal>0.969051645201</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>ICE Futures US Softs</name>
        <lei>N/A</lei>
        <title>Cotton #2 Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CTH2"/>
        </identifiers>
        <balance>-30.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-64912.36000000</valUSD>
        <pctVal>-0.09199210720</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Cotton</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Cotton"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-09</expDate>
            <notionalAmt>-1624837.64000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-64912.36000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guggenheim Partners Investment Management LLC</name>
        <lei>N/A</lei>
        <title>Guggenheim Strategy Fund III</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="GFSCX"/>
        </identifiers>
        <balance>38998.81300000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>976140.28000000</valUSD>
        <pctVal>1.383360600093</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nuance Communications Inc</name>
        <lei>AEMSOT3SS15TNMJCE605</lei>
        <title>Nuance Communications, Inc.</title>
        <cusip>67020Y100</cusip>
        <identifiers>
          <isin value="US67020Y1001"/>
        </identifiers>
        <balance>30874.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1707949.68000000</valUSD>
        <pctVal>2.420461835930</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Live Cattle Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LCG2"/>
        </identifiers>
        <balance>15.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>15753.80000000</valUSD>
        <pctVal>0.022325875356</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Live Cattle</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Live Cattle"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-02-28</expDate>
            <notionalAmt>822146.20000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>15753.80000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CIT Group Inc</name>
        <lei>N8O96ZZJQRFYQUJY7K79</lei>
        <title>CIT Group, Inc.</title>
        <cusip>125581801</cusip>
        <identifiers>
          <isin value="US1255818015"/>
        </identifiers>
        <balance>10573.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>542817.82000000</valUSD>
        <pctVal>0.769267287296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Guggenheim Partners Investment Management LLC</name>
        <lei>N/A</lei>
        <title>Guggenheim Strategy Fund II</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="GFSBX"/>
        </identifiers>
        <balance>209032.59100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>5200730.86000000</valUSD>
        <pctVal>7.370340422193</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iShares Mortgage Real Estate E</name>
        <lei>549300WLIJWYXGL2J018</lei>
        <title>iShares Mortgage Real Estate ETF</title>
        <cusip>46435G342</cusip>
        <identifiers>
          <isin value="US46435G3424"/>
        </identifiers>
        <balance>-259.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-8938.09000000</valUSD>
        <pctVal>-0.01266682852</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Ohio Quality Municipal</name>
        <lei>549300YQTF12CXCN9E54</lei>
        <title>Nuveen Ohio Quality Municipal Income Fund</title>
        <cusip>670980101</cusip>
        <identifiers>
          <isin value="US6709801012"/>
        </identifiers>
        <balance>3413.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>54505.61000000</valUSD>
        <pctVal>0.077243931946</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nuveen New York Quality Munici</name>
        <lei>549300B795LQBEIHRS62</lei>
        <title>Nuveen New York Quality Municipal Income Fund</title>
        <cusip>67066X107</cusip>
        <identifiers>
          <isin value="US67066X1072"/>
        </identifiers>
        <balance>9472.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>140090.88000000</valUSD>
        <pctVal>0.198533149174</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Western Asset Managed Municipa</name>
        <lei>549300HVO8EY2T8K4F73</lei>
        <title>Western Asset Managed Municipals Fund, Inc.</title>
        <cusip>95766M105</cusip>
        <identifiers>
          <isin value="US95766M1053"/>
        </identifiers>
        <balance>8660.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>113272.80000000</valUSD>
        <pctVal>0.160527264157</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cboe Futures Exchange</name>
        <lei>N/A</lei>
        <title>CBOE Volatility Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="UXF2"/>
        </identifiers>
        <balance>48.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-100895.10000000</valUSD>
        <pctVal>-0.14298590985</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Chicago Board Options Exchange SPX Volatility Index</indexName>
                <indexIdentifier>US12497K1007</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-01-19</expDate>
            <notionalAmt>1047455.10000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-100895.10000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>II-VI Inc</name>
        <lei>549300O5C25A0MMHHU33</lei>
        <title>II-VI, Inc.</title>
        <cusip>902104108</cusip>
        <identifiers>
          <isin value="US9021041085"/>
        </identifiers>
        <balance>-3061.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-209158.13000000</valUSD>
        <pctVal>-0.29641345835</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>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>People's United Financial Inc</name>
        <lei>ROPY7PEPIPIDJNF0BO69</lei>
        <title>People's United Financial, Inc.</title>
        <cusip>712704105</cusip>
        <identifiers>
          <isin value="US7127041058"/>
        </identifiers>
        <balance>48387.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>862256.34000000</valUSD>
        <pctVal>1.221967244233</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Goldman Sachs International</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>GS Equity Market Neutral Custom Basket</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="MHSwapGSL1"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>2044461.89000000</valUSD>
        <pctVal>2.897358181980</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Goldman Sachs International</counterpartyName>
              <counterpartyLei>W22LROWP2IHZNBB6K528</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>GS Equity Market Neutral Long Custom Basket</indexName>
                <indexIdentifier>N/A</indexIdentifier>
                <components>
                  <component>
                    <othIndName>Empire State Realty Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="292104106"/>
                    </identifiers>
                    <othIndNotAmt>34982.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>311339.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Prologis, Inc.</othIndName>
                    <identifiers>
                      <cusip value="74340W103"/>
                    </identifiers>
                    <othIndNotAmt>1701.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>286380.36000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Agree Realty Corp.</othIndName>
                    <identifiers>
                      <cusip value="008492100"/>
                    </identifiers>
                    <othIndNotAmt>7268.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>518644.48000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>PulteGroup, Inc.</othIndName>
                    <identifiers>
                      <cusip value="745867101"/>
                    </identifiers>
                    <othIndNotAmt>3571.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>204118.36000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Gaming and Leisure Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="36467J108"/>
                    </identifiers>
                    <othIndNotAmt>9594.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>466844.04000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MGM Growth Properties LLC</othIndName>
                    <identifiers>
                      <cusip value="55303A105"/>
                    </identifiers>
                    <othIndNotAmt>5874.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>239952.90000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Jones Lang LaSalle, Inc.</othIndName>
                    <identifiers>
                      <cusip value="48020Q107"/>
                    </identifiers>
                    <othIndNotAmt>1226.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>330210.84000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Realty Income Corp.</othIndName>
                    <identifiers>
                      <cusip value="756109104"/>
                    </identifiers>
                    <othIndNotAmt>0.28200000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>20.19000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>VICI Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="925652109"/>
                    </identifiers>
                    <othIndNotAmt>11229.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>338105.19000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CyrusOne, Inc.</othIndName>
                    <identifiers>
                      <cusip value="23283R100"/>
                    </identifiers>
                    <othIndNotAmt>6367.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>571247.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Marriott Vacations Worldwide Corp.</othIndName>
                    <identifiers>
                      <cusip value="57164Y107"/>
                    </identifiers>
                    <othIndNotAmt>1626.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>274761.48000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Alexandria Real Estate Equities, Inc.</othIndName>
                    <identifiers>
                      <cusip value="015271109"/>
                    </identifiers>
                    <othIndNotAmt>2041.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>455061.36000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>DR Horton, Inc.</othIndName>
                    <identifiers>
                      <cusip value="23331A109"/>
                    </identifiers>
                    <othIndNotAmt>1379.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>149552.55000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Four Corners Property Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="35086T109"/>
                    </identifiers>
                    <othIndNotAmt>14975.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>440414.75000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Brixmor Property Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="11120U105"/>
                    </identifiers>
                    <othIndNotAmt>10377.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>263679.57000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Equity Residential</othIndName>
                    <identifiers>
                      <cusip value="29476L107"/>
                    </identifiers>
                    <othIndNotAmt>5724.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>518022.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>AvalonBay Communities, Inc.</othIndName>
                    <identifiers>
                      <cusip value="053484101"/>
                    </identifiers>
                    <othIndNotAmt>2047.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>517051.73000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Acadia Realty Trust</othIndName>
                    <identifiers>
                      <cusip value="004239109"/>
                    </identifiers>
                    <othIndNotAmt>23561.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>514336.63000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>American Campus Communities, Inc.</othIndName>
                    <identifiers>
                      <cusip value="024835100"/>
                    </identifiers>
                    <othIndNotAmt>4470.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>256086.30000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CareTrust REIT, Inc.</othIndName>
                    <identifiers>
                      <cusip value="14174T107"/>
                    </identifiers>
                    <othIndNotAmt>17644.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>402812.52000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Lennar Corp.</othIndName>
                    <identifiers>
                      <cusip value="526057104"/>
                    </identifiers>
                    <othIndNotAmt>1280.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>148684.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Medical Properties Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="58463J304"/>
                    </identifiers>
                    <othIndNotAmt>11421.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>269878.23000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Xenia Hotels &amp; Resorts, Inc.</othIndName>
                    <identifiers>
                      <cusip value="984017103"/>
                    </identifiers>
                    <othIndNotAmt>32624.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>590820.64000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Innovative Industrial Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="45781V101"/>
                    </identifiers>
                    <othIndNotAmt>405.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>106478.55000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Hudson Pacific Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="444097109"/>
                    </identifiers>
                    <othIndNotAmt>12119.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>299460.49000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Hilton Grand Vacations, Inc.</othIndName>
                    <identifiers>
                      <cusip value="43283X105"/>
                    </identifiers>
                    <othIndNotAmt>5137.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>267689.07000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>DiamondRock Hospitality Co.</othIndName>
                    <identifiers>
                      <cusip value="252784301"/>
                    </identifiers>
                    <othIndNotAmt>46997.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>451641.17000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>National Storage Affiliates Trust</othIndName>
                    <identifiers>
                      <cusip value="637870106"/>
                    </identifiers>
                    <othIndNotAmt>9736.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>673731.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Orion Office REIT, Inc.</othIndName>
                    <identifiers>
                      <cusip value="68629Y103"/>
                    </identifiers>
                    <othIndNotAmt>0.03000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>0.56000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Rexford Industrial Realty, Inc.</othIndName>
                    <identifiers>
                      <cusip value="76169C100"/>
                    </identifiers>
                    <othIndNotAmt>5539.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>449268.29000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ryman Hospitality Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="78377T107"/>
                    </identifiers>
                    <othIndNotAmt>4924.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>452811.04000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>American Assets Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="024013104"/>
                    </identifiers>
                    <othIndNotAmt>8517.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>319643.01000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Invitation Homes, Inc.</othIndName>
                    <identifiers>
                      <cusip value="46187W107"/>
                    </identifiers>
                    <othIndNotAmt>8838.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>400714.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Healthpeak Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="42250P103"/>
                    </identifiers>
                    <othIndNotAmt>8813.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>318061.17000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sun Communities, Inc.</othIndName>
                    <identifiers>
                      <cusip value="866674104"/>
                    </identifiers>
                    <othIndNotAmt>3020.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>634109.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Kite Realty Group Trust</othIndName>
                    <identifiers>
                      <cusip value="49803T300"/>
                    </identifiers>
                    <othIndNotAmt>16000.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>348480.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ventas, Inc.</othIndName>
                    <identifiers>
                      <cusip value="92276F100"/>
                    </identifiers>
                    <othIndNotAmt>4451.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>227535.12000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                </components>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">GS Equity Market Neutral Custom Basket - Tenor At Maturity</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 Index" floatingRtSpread="0.45000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Year" rateTenorUnit="5" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2024-05-06</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>13017649.95000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>2044461.89000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TREASURY BILL</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Bills</title>
        <cusip>912796K65</cusip>
        <identifiers>
          <isin value="US912796K659"/>
        </identifiers>
        <balance>3286000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3285998.91000000</valUSD>
        <pctVal>4.656832134869</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-06</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Teekay LNG Partners LP</name>
        <lei>549300CP38L0UER0I397</lei>
        <title>Teekay LNG Partners, LP</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="MHY8564M1057"/>
        </identifiers>
        <balance>37040.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>627087.20000000</valUSD>
        <pctVal>0.888691659464</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Health Care Select Sector SPDR</name>
        <lei>549300EJNY3KKJHPOY44</lei>
        <title>Health Care Select Sector SPDR Fund</title>
        <cusip>81369Y209</cusip>
        <identifiers>
          <isin value="US81369Y2090"/>
        </identifiers>
        <balance>-614.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-86506.46000000</valUSD>
        <pctVal>-0.12259470372</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Royce Global Value Trust Inc</name>
        <lei>254900MA25TE88EMIP63</lei>
        <title>Royce Global Value Trust, Inc.</title>
        <cusip>78081T104</cusip>
        <identifiers>
          <isin value="US78081T1043"/>
        </identifiers>
        <balance>1032.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13539.84000000</valUSD>
        <pctVal>0.019188308864</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Coherent Inc</name>
        <lei>549300RYOCKUMWACR010</lei>
        <title>Coherent, Inc.</title>
        <cusip>192479103</cusip>
        <identifiers>
          <isin value="US1924791031"/>
        </identifiers>
        <balance>3364.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>896640.56000000</valUSD>
        <pctVal>1.270695665944</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>NASDAQ-100 Index Mini Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NQH2"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>14094.21000000</valUSD>
        <pctVal>0.019973947600</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>NASDAQ 100 Stock Index</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-03-18</expDate>
            <notionalAmt>312410.79000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>14094.21000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BlackRock California Municipal</name>
        <lei>LE6236HQD6DXEGUHE217</lei>
        <title>BlackRock California Municipal Income Trust</title>
        <cusip>09248E102</cusip>
        <identifiers>
          <isin value="US09248E1029"/>
        </identifiers>
        <balance>13066.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>190110.30000000</valUSD>
        <pctVal>0.269419369408</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICE Futures US Softs</name>
        <lei>N/A</lei>
        <title>Coffee 'C' Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="KCH2"/>
        </identifiers>
        <balance>3.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-21215.70000000</valUSD>
        <pctVal>-0.03006633788</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Coffee 'C'</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Coffee 'C'"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-21</expDate>
            <notionalAmt>275184.45000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-21215.70000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CyrusOne Inc</name>
        <lei>5493006S177ZK2ZNBU43</lei>
        <title>CyrusOne, Inc.</title>
        <cusip>23283R100</cusip>
        <identifiers>
          <isin value="US23283R1005"/>
        </identifiers>
        <balance>9392.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>842650.24000000</valUSD>
        <pctVal>1.194181989575</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Aberdeen Total Dynamic Dividen</name>
        <lei>254900D48NKNOGZ95B43</lei>
        <title>Aberdeen Total Dynamic Dividend Fund</title>
        <cusip>00326L100</cusip>
        <identifiers>
          <isin value="US00326L1008"/>
        </identifiers>
        <balance>19359.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>197848.98000000</valUSD>
        <pctVal>0.280386425300</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Western Asset Intermediate Mun</name>
        <lei>5493000MG5MROBD48K57</lei>
        <title>Western Asset Intermediate Muni Fund, Inc.</title>
        <cusip>958435109</cusip>
        <identifiers>
          <isin value="US9584351095"/>
        </identifiers>
        <balance>1928.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18585.92000000</valUSD>
        <pctVal>0.026339482112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Invesco Dynamic Credit Opportunities Fund</name>
        <lei>N/A</lei>
        <title>Invesco Dynamic Credit Opportunities Fund</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="VTAAX1101"/>
        </identifiers>
        <balance>9072.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>112764.96000000</valUSD>
        <pctVal>0.159807566526</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Energy Select Sector SPDR Fund</name>
        <lei>54930064FLK0RD4TRU75</lei>
        <title>Energy Select Sector SPDR Fund</title>
        <cusip>81369Y506</cusip>
        <identifiers>
          <isin value="US81369Y5069"/>
        </identifiers>
        <balance>-313.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-17371.50000000</valUSD>
        <pctVal>-0.02461843769</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New York Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Natural Gas Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NGJ22"/>
        </identifiers>
        <balance>-48.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>47397.60000000</valUSD>
        <pctVal>0.067170645164</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Henry Hub Natural Gas Spot Price</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-03-29</expDate>
            <notionalAmt>-1744677.60000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>47397.60000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>Soybean Meal Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SMH2"/>
        </identifiers>
        <balance>7.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-31.00000000</valUSD>
        <pctVal>-0.00004393239</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Soybean Meal</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Soybean Meal"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-14</expDate>
            <notionalAmt>279961.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-31.00000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eurex</name>
        <lei>N/A</lei>
        <title>Euro - BTP Italian Government Bond Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="IKH2"/>
        </identifiers>
        <balance>57.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87840000"/>
        <valUSD>-95924.35000000</valUSD>
        <pctVal>-0.13594149232</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>BTP 10yr 6% (EUX)</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Interest Rate Future" value="BTP 10yr 6% (EUX)"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-08</expDate>
            <notionalAmt>9574277.93000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-95924.35000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Canadian Pacific Railway Ltd</name>
        <lei>N/A</lei>
        <title>Canadian Pacific Railway Ltd.</title>
        <cusip>13645T100</cusip>
        <identifiers>
          <isin value="CA13645T1003"/>
        </identifiers>
        <balance>0.32400000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>23.31000000</valUSD>
        <pctVal>0.000033034325</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>iShares 7-10 Year Treasury Bon</name>
        <lei>549300XS1PPZG92M8L16</lei>
        <title>iShares 7-10 Year Treasury Bond ETF</title>
        <cusip>464287440</cusip>
        <identifiers>
          <isin value="US4642874402"/>
        </identifiers>
        <balance>-92.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-10580.00000000</valUSD>
        <pctVal>-0.01499370064</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Mimecast Ltd</name>
        <lei>254900ELSYFSTT9X2740</lei>
        <title>Mimecast Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="GB00BYT5JK65"/>
        </identifiers>
        <balance>8007.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>637116.99000000</valUSD>
        <pctVal>0.902905616820</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>U.S. Treasury Long Bond Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="USH2"/>
        </identifiers>
        <balance>16.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-15298.35000000</valUSD>
        <pctVal>-0.02168042346</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>US 20yr 6%</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Interest Rate Future" value="US 20yr 6%"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-22</expDate>
            <notionalAmt>2574298.35000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-15298.35000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs International</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>GS Long/Short Equity Custom Basket</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="MHSwapGSS"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-26732.41000000</valUSD>
        <pctVal>-0.03788447572</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Goldman Sachs International</counterpartyName>
              <counterpartyLei>W22LROWP2IHZNBB6K528</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>GS Long/Short Equity Short Custom Basket</indexName>
                <indexIdentifier>N/A</indexIdentifier>
                <components>
                  <component>
                    <othIndName>Edison International</othIndName>
                    <identifiers>
                      <cusip value="281020107"/>
                    </identifiers>
                    <othIndNotAmt>-1354.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-92410.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Zscaler, Inc.</othIndName>
                    <identifiers>
                      <cusip value="98980G102"/>
                    </identifiers>
                    <othIndNotAmt>-42.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-13495.86000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NOV, Inc.</othIndName>
                    <identifiers>
                      <cusip value="62955J103"/>
                    </identifiers>
                    <othIndNotAmt>-2222.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-30108.10000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Apartment Income REIT Corp.</othIndName>
                    <identifiers>
                      <cusip value="03750L109"/>
                    </identifiers>
                    <othIndNotAmt>-1621.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-88620.07000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Uber Technologies, Inc.</othIndName>
                    <identifiers>
                      <cusip value="90353T100"/>
                    </identifiers>
                    <othIndNotAmt>-1426.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-59792.18000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Lyft, Inc.</othIndName>
                    <identifiers>
                      <cusip value="55087P104"/>
                    </identifiers>
                    <othIndNotAmt>-1383.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-59095.59000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Schlumberger N.V.</othIndName>
                    <identifiers>
                      <cusip value="806857108"/>
                    </identifiers>
                    <othIndNotAmt>-2180.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-65291.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Allscripts Healthcare Solutions, Inc.</othIndName>
                    <identifiers>
                      <cusip value="01988P108"/>
                    </identifiers>
                    <othIndNotAmt>-1444.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-26641.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Equinix, Inc.</othIndName>
                    <identifiers>
                      <cusip value="29444U700"/>
                    </identifiers>
                    <othIndNotAmt>-83.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-70204.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Host Hotels &amp; Resorts, Inc.</othIndName>
                    <identifiers>
                      <cusip value="44107P104"/>
                    </identifiers>
                    <othIndNotAmt>-4756.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-82706.84000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Wynn Resorts Ltd.</othIndName>
                    <identifiers>
                      <cusip value="983134107"/>
                    </identifiers>
                    <othIndNotAmt>-226.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-19219.04000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Okta, Inc.</othIndName>
                    <identifiers>
                      <cusip value="679295105"/>
                    </identifiers>
                    <othIndNotAmt>-159.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-35643.03000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Brink's Co.</othIndName>
                    <identifiers>
                      <cusip value="109696104"/>
                    </identifiers>
                    <othIndNotAmt>-289.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-18949.73000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>IAA, Inc.</othIndName>
                    <identifiers>
                      <cusip value="449253103"/>
                    </identifiers>
                    <othIndNotAmt>-914.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-46266.68000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Western Alliance Bancorporation</othIndName>
                    <identifiers>
                      <cusip value="957638109"/>
                    </identifiers>
                    <othIndNotAmt>-685.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-73740.25000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Xenia Hotels &amp; Resorts, Inc.</othIndName>
                    <identifiers>
                      <cusip value="984017103"/>
                    </identifiers>
                    <othIndNotAmt>-2410.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-43645.10000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Airbnb, Inc.</othIndName>
                    <identifiers>
                      <cusip value="009066101"/>
                    </identifiers>
                    <othIndNotAmt>-148.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-24640.52000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Atmos Energy Corp.</othIndName>
                    <identifiers>
                      <cusip value="049560105"/>
                    </identifiers>
                    <othIndNotAmt>-916.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-95969.32000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Royal Caribbean Cruises Ltd.</othIndName>
                    <identifiers>
                      <isin value="LR0008862868"/>
                    </identifiers>
                    <othIndNotAmt>-508.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-39065.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Waste Management, Inc.</othIndName>
                    <identifiers>
                      <cusip value="94106L109"/>
                    </identifiers>
                    <othIndNotAmt>-355.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-59249.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CenterPoint Energy, Inc.</othIndName>
                    <identifiers>
                      <cusip value="15189T107"/>
                    </identifiers>
                    <othIndNotAmt>-2903.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-81022.73000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>RLJ Lodging Trust</othIndName>
                    <identifiers>
                      <cusip value="74965L101"/>
                    </identifiers>
                    <othIndNotAmt>-5158.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-71850.94000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Lincoln National Corp.</othIndName>
                    <identifiers>
                      <cusip value="534187109"/>
                    </identifiers>
                    <othIndNotAmt>-720.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-49147.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CoStar Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="22160N109"/>
                    </identifiers>
                    <othIndNotAmt>-791.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-62512.73000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Zillow Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="98954M200"/>
                    </identifiers>
                    <othIndNotAmt>-373.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-23816.05000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Outfront Media, Inc.</othIndName>
                    <identifiers>
                      <cusip value="69007J106"/>
                    </identifiers>
                    <othIndNotAmt>-2208.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-59218.56000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Welltower, Inc.</othIndName>
                    <identifiers>
                      <cusip value="95040Q104"/>
                    </identifiers>
                    <othIndNotAmt>-805.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-69044.85000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Boeing Co.</othIndName>
                    <identifiers>
                      <cusip value="097023105"/>
                    </identifiers>
                    <othIndNotAmt>-380.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-76501.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>KBR, Inc.</othIndName>
                    <identifiers>
                      <cusip value="48242W106"/>
                    </identifiers>
                    <othIndNotAmt>-1756.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-83620.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Republic Services, Inc.</othIndName>
                    <identifiers>
                      <cusip value="760759100"/>
                    </identifiers>
                    <othIndNotAmt>-490.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-68330.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Opendoor Technologies, Inc.</othIndName>
                    <identifiers>
                      <cusip value="683712103"/>
                    </identifiers>
                    <othIndNotAmt>-1589.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-23215.29000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Viad Corp.</othIndName>
                    <identifiers>
                      <cusip value="92552R406"/>
                    </identifiers>
                    <othIndNotAmt>-848.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-36285.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Freshpet, Inc.</othIndName>
                    <identifiers>
                      <cusip value="358039105"/>
                    </identifiers>
                    <othIndNotAmt>-250.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-23817.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Copart, Inc.</othIndName>
                    <identifiers>
                      <cusip value="217204106"/>
                    </identifiers>
                    <othIndNotAmt>-310.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-47002.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ceridian HCM Holding, Inc.</othIndName>
                    <identifiers>
                      <cusip value="15677J108"/>
                    </identifiers>
                    <othIndNotAmt>-303.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-31651.38000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Patterson-UTI Energy, Inc.</othIndName>
                    <identifiers>
                      <cusip value="703481101"/>
                    </identifiers>
                    <othIndNotAmt>-4062.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-34323.90000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>State Street Corp.</othIndName>
                    <identifiers>
                      <cusip value="857477103"/>
                    </identifiers>
                    <othIndNotAmt>-912.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-84816.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Marathon Petroleum Corp.</othIndName>
                    <identifiers>
                      <cusip value="56585A102"/>
                    </identifiers>
                    <othIndNotAmt>-567.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-36282.33000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>TransDigm Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="893641100"/>
                    </identifiers>
                    <othIndNotAmt>-43.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-27360.04000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Tesla, Inc.</othIndName>
                    <identifiers>
                      <cusip value="88160R101"/>
                    </identifiers>
                    <othIndNotAmt>-24.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-25362.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Spirit Airlines, Inc.</othIndName>
                    <identifiers>
                      <cusip value="848577102"/>
                    </identifiers>
                    <othIndNotAmt>-1580.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-34523.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Delta Air Lines, Inc.</othIndName>
                    <identifiers>
                      <cusip value="247361702"/>
                    </identifiers>
                    <othIndNotAmt>-2227.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-87031.16000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sysco Corp.</othIndName>
                    <identifiers>
                      <cusip value="871829107"/>
                    </identifiers>
                    <othIndNotAmt>-627.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-49250.85000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sunstone Hotel Investors, Inc.</othIndName>
                    <identifiers>
                      <cusip value="867892101"/>
                    </identifiers>
                    <othIndNotAmt>-5316.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-62356.68000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Equifax, Inc.</othIndName>
                    <identifiers>
                      <cusip value="294429105"/>
                    </identifiers>
                    <othIndNotAmt>-134.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-39233.86000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Kennedy-Wilson Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="489398107"/>
                    </identifiers>
                    <othIndNotAmt>-3733.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-89144.04000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Signature Bank</othIndName>
                    <identifiers>
                      <cusip value="82669G104"/>
                    </identifiers>
                    <othIndNotAmt>-147.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-47550.09000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>US Foods Holding Corp.</othIndName>
                    <identifiers>
                      <cusip value="912008109"/>
                    </identifiers>
                    <othIndNotAmt>-772.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-26888.76000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Clarivate plc</othIndName>
                    <identifiers>
                      <isin value="JE00BJJN4441"/>
                    </identifiers>
                    <othIndNotAmt>-962.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-22626.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Madison Square Garden Sports Corp.</othIndName>
                    <identifiers>
                      <cusip value="55825T103"/>
                    </identifiers>
                    <othIndNotAmt>-446.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-77483.58000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Driven Brands Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="26210V102"/>
                    </identifiers>
                    <othIndNotAmt>-2217.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-74535.54000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Carnival Corp.</othIndName>
                    <identifiers>
                      <cusip value="143658300"/>
                    </identifiers>
                    <othIndNotAmt>-2022.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-40682.64000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Hess Corp.</othIndName>
                    <identifiers>
                      <cusip value="42809H107"/>
                    </identifiers>
                    <othIndNotAmt>-525.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-38865.75000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Rollins, Inc.</othIndName>
                    <identifiers>
                      <cusip value="775711104"/>
                    </identifiers>
                    <othIndNotAmt>-1329.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-45465.09000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>American Airlines Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="02376R102"/>
                    </identifiers>
                    <othIndNotAmt>-4556.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-81825.76000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Jacobs Engineering Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="469814107"/>
                    </identifiers>
                    <othIndNotAmt>-666.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-92727.18000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Wells Fargo &amp; Co.</othIndName>
                    <identifiers>
                      <cusip value="949746101"/>
                    </identifiers>
                    <othIndNotAmt>-1308.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-62757.84000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Plug Power, Inc.</othIndName>
                    <identifiers>
                      <cusip value="72919P202"/>
                    </identifiers>
                    <othIndNotAmt>-414.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-11687.22000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sun Communities, Inc.</othIndName>
                    <identifiers>
                      <cusip value="866674104"/>
                    </identifiers>
                    <othIndNotAmt>-176.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-36954.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Tetra Tech, Inc.</othIndName>
                    <identifiers>
                      <cusip value="88162G103"/>
                    </identifiers>
                    <othIndNotAmt>-312.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-52977.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Pebblebrook Hotel Trust</othIndName>
                    <identifiers>
                      <cusip value="70509V100"/>
                    </identifiers>
                    <othIndNotAmt>-2934.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-65633.58000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>TransUnion</othIndName>
                    <identifiers>
                      <cusip value="89400J107"/>
                    </identifiers>
                    <othIndNotAmt>-296.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-35099.68000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Equitable Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="29452E101"/>
                    </identifiers>
                    <othIndNotAmt>-2036.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-66760.44000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>US Ecology, Inc.</othIndName>
                    <identifiers>
                      <cusip value="91734M103"/>
                    </identifiers>
                    <othIndNotAmt>-1401.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-44747.94000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Twilio, Inc.</othIndName>
                    <identifiers>
                      <cusip value="90138F102"/>
                    </identifiers>
                    <othIndNotAmt>-93.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-24490.62000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Howard Hughes Corp.</othIndName>
                    <identifiers>
                      <cusip value="44267D107"/>
                    </identifiers>
                    <othIndNotAmt>-679.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-69108.62000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Park Hotels &amp; Resorts, Inc.</othIndName>
                    <identifiers>
                      <cusip value="700517105"/>
                    </identifiers>
                    <othIndNotAmt>-4179.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-78899.52000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Pioneer Natural Resources Co.</othIndName>
                    <identifiers>
                      <cusip value="723787107"/>
                    </identifiers>
                    <othIndNotAmt>-315.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-57292.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>United Airlines Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="910047109"/>
                    </identifiers>
                    <othIndNotAmt>-1991.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-87165.98000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Las Vegas Sands Corp.</othIndName>
                    <identifiers>
                      <cusip value="517834107"/>
                    </identifiers>
                    <othIndNotAmt>-533.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-20062.12000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>General Electric Co.</othIndName>
                    <identifiers>
                      <cusip value="369604301"/>
                    </identifiers>
                    <othIndNotAmt>-0.75000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-70.85000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ASGN, Inc.</othIndName>
                    <identifiers>
                      <cusip value="00191U102"/>
                    </identifiers>
                    <othIndNotAmt>-330.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-40722.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Northern Trust Corp.</othIndName>
                    <identifiers>
                      <cusip value="665859104"/>
                    </identifiers>
                    <othIndNotAmt>-329.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-39351.69000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Denbury, Inc.</othIndName>
                    <identifiers>
                      <cusip value="24790A101"/>
                    </identifiers>
                    <othIndNotAmt>-346.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-26500.14000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Snowflake, Inc.</othIndName>
                    <identifiers>
                      <cusip value="833445109"/>
                    </identifiers>
                    <othIndNotAmt>-82.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-27777.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Coupa Software, Inc.</othIndName>
                    <identifiers>
                      <cusip value="22266L106"/>
                    </identifiers>
                    <othIndNotAmt>-152.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-24023.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Guardant Health, Inc.</othIndName>
                    <identifiers>
                      <cusip value="40131M109"/>
                    </identifiers>
                    <othIndNotAmt>-375.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-37507.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Halliburton Co.</othIndName>
                    <identifiers>
                      <cusip value="406216101"/>
                    </identifiers>
                    <othIndNotAmt>-3347.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-76545.89000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Bank of New York Mellon Corp.</othIndName>
                    <identifiers>
                      <cusip value="064058100"/>
                    </identifiers>
                    <othIndNotAmt>-986.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-57266.88000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>DiamondRock Hospitality Co.</othIndName>
                    <identifiers>
                      <cusip value="252784301"/>
                    </identifiers>
                    <othIndNotAmt>-4576.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-43975.36000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Howmet Aerospace, Inc.</othIndName>
                    <identifiers>
                      <cusip value="443201108"/>
                    </identifiers>
                    <othIndNotAmt>-1449.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-46121.67000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cintas Corp.</othIndName>
                    <identifiers>
                      <cusip value="172908105"/>
                    </identifiers>
                    <othIndNotAmt>-176.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-77997.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Stericycle, Inc.</othIndName>
                    <identifiers>
                      <cusip value="858912108"/>
                    </identifiers>
                    <othIndNotAmt>-1067.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-63635.88000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Frontier Group Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="35909R108"/>
                    </identifiers>
                    <othIndNotAmt>-1785.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-24222.45000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Safehold, Inc.</othIndName>
                    <identifiers>
                      <cusip value="78645L100"/>
                    </identifiers>
                    <othIndNotAmt>-941.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-75138.85000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Range Resources Corp.</othIndName>
                    <identifiers>
                      <cusip value="75281A109"/>
                    </identifiers>
                    <othIndNotAmt>-1182.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-21075.06000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Casella Waste Systems, Inc.</othIndName>
                    <identifiers>
                      <cusip value="147448104"/>
                    </identifiers>
                    <othIndNotAmt>-843.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-72009.06000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Leidos Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="525327102"/>
                    </identifiers>
                    <othIndNotAmt>-284.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-25247.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ryman Hospitality Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="78377T107"/>
                    </identifiers>
                    <othIndNotAmt>-780.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-71728.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Smartsheet, Inc.</othIndName>
                    <identifiers>
                      <cusip value="83200N103"/>
                    </identifiers>
                    <othIndNotAmt>-173.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-13398.85000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Avalara, Inc.</othIndName>
                    <identifiers>
                      <cusip value="05338G106"/>
                    </identifiers>
                    <othIndNotAmt>-93.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-12007.23000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Comerica, Inc.</othIndName>
                    <identifiers>
                      <cusip value="200340107"/>
                    </identifiers>
                    <othIndNotAmt>-1056.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-91872.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Verisk Analytics, Inc.</othIndName>
                    <identifiers>
                      <cusip value="92345Y106"/>
                    </identifiers>
                    <othIndNotAmt>-196.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-44831.08000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Americold Realty Trust</othIndName>
                    <identifiers>
                      <cusip value="03064D108"/>
                    </identifiers>
                    <othIndNotAmt>-1356.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-44463.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Teladoc Health, Inc.</othIndName>
                    <identifiers>
                      <cusip value="87918A105"/>
                    </identifiers>
                    <othIndNotAmt>-397.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-36452.54000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ONE Gas, Inc.</othIndName>
                    <identifiers>
                      <cusip value="68235P108"/>
                    </identifiers>
                    <othIndNotAmt>-1223.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-94892.57000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Dun &amp; Bradstreet Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="26484T106"/>
                    </identifiers>
                    <othIndNotAmt>-2301.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-47147.49000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                </components>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 Index" floatingRtSpread="-0.20000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Year" rateTenorUnit="5" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">GS Long/Short Equity Custom Basket - Tenor At Maturity</otherPmntDesc>
            <terminationDt>2024-05-06</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-4919750.19000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-26732.41000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Forterra Inc</name>
        <lei>549300M8CB93DI1JD480</lei>
        <title>Forterra, Inc.</title>
        <cusip>34960W106</cusip>
        <identifiers>
          <isin value="US34960W1062"/>
        </identifiers>
        <balance>31588.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>751162.64000000</valUSD>
        <pctVal>1.064528143883</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>State Auto Financial Corp</name>
        <lei>N/A</lei>
        <title>State Auto Financial Corp.</title>
        <cusip>855707105</cusip>
        <identifiers>
          <isin value="US8557071052"/>
        </identifiers>
        <balance>6307.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>326008.83000000</valUSD>
        <pctVal>0.462011229271</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Royce Value Trust Inc</name>
        <lei>254900NJE1W1YYKNVM16</lei>
        <title>Royce Value Trust, Inc.</title>
        <cusip>780910105</cusip>
        <identifiers>
          <isin value="US7809101055"/>
        </identifiers>
        <balance>10123.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>198309.57000000</valUSD>
        <pctVal>0.281039161461</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="144966.00000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Magellan Health Inc</name>
        <lei>N/A</lei>
        <title>Magellan Health, Inc.</title>
        <cusip>559079207</cusip>
        <identifiers>
          <isin value="US5590792074"/>
        </identifiers>
        <balance>11030.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1047739.70000000</valUSD>
        <pctVal>1.484829434693</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>BOFA SECURITIES, INC.</name>
        <lei>549300HN4UKV1E2R3U73</lei>
        <title>BofA Securities, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="REPO-BANK"/>
        </identifiers>
        <balance>3333578.41000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3333578.41000000</valUSD>
        <pctVal>4.724260563980</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="549300HN4UKV1E2R3U73" name="BOFA SECURITIES, INC."/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>Y</isTriParty>
          <repurchaseRt>0.02000000</repurchaseRt>
          <maturityDt>2022-01-03</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>3183169.94000000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>3400254.13000000</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>UST</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>S&amp;P Global Inc</name>
        <lei>Y6X4K52KMJMZE7I7MY94</lei>
        <title>S&amp;P Global, Inc.</title>
        <cusip>78409V104</cusip>
        <identifiers>
          <isin value="US78409V1044"/>
        </identifiers>
        <balance>-3715.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-1753219.95000000</valUSD>
        <pctVal>-2.48461768438</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>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>Source Capital Inc</name>
        <lei>549300SKP40828EGYZ60</lei>
        <title>Source Capital, Inc.</title>
        <cusip>836144105</cusip>
        <identifiers>
          <isin value="US8361441053"/>
        </identifiers>
        <balance>986.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>42605.06000000</valUSD>
        <pctVal>0.060378782206</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cboe Futures Exchange</name>
        <lei>N/A</lei>
        <title>CBOE Volatility Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="UXM2"/>
        </identifiers>
        <balance>-119.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>22293.93000000</valUSD>
        <pctVal>0.031594377381</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Chicago Board Options Exchange SPX Volatility Index</indexName>
                <indexIdentifier>US12497K1007</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-06-15</expDate>
            <notionalAmt>-3065123.93000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>22293.93000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eurex</name>
        <lei>N/A</lei>
        <title>Euro - Bund Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="RXH2"/>
        </identifiers>
        <balance>-21.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87840000"/>
        <valUSD>15148.74000000</valUSD>
        <pctVal>0.021468400071</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Euro-Bund 10yr 6%</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Interest Rate Future" value="Euro-Bund 10yr 6%"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-08</expDate>
            <notionalAmt>-4084089.34000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>15148.74000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MGM Growth Properties LLC</name>
        <lei>549300E2UGIBHWE12262</lei>
        <title>MGM Growth Properties LLC</title>
        <cusip>55303A105</cusip>
        <identifiers>
          <isin value="US55303A1051"/>
        </identifiers>
        <balance>16551.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>676108.35000000</valUSD>
        <pctVal>0.958163157435</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Golden Nugget Online Gaming In</name>
        <lei>N/A</lei>
        <title>Golden Nugget Online Gaming, Inc.</title>
        <cusip>38113L107</cusip>
        <identifiers>
          <isin value="US38113L1070"/>
        </identifiers>
        <balance>23257.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>231407.15000000</valUSD>
        <pctVal>0.327944190449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>iShares Russell 1000 Value ETF</name>
        <lei>549300KLSYN5NN4YNM90</lei>
        <title>iShares Russell 1000 Value ETF</title>
        <cusip>464287598</cusip>
        <identifiers>
          <isin value="US4642875987"/>
        </identifiers>
        <balance>-3712.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-623356.16000000</valUSD>
        <pctVal>-0.88340412667</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iShares Floating Rate Bond ETF</name>
        <lei>549300G2T0MQ0NCEG317</lei>
        <title>iShares Floating Rate Bond ETF</title>
        <cusip>46429B655</cusip>
        <identifiers>
          <isin value="US46429B6552"/>
        </identifiers>
        <balance>-1541.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-78174.93000000</valUSD>
        <pctVal>-0.11078747623</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New York Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>WTI Crude Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CLG2"/>
        </identifiers>
        <balance>3.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>11186.35000000</valUSD>
        <pctVal>0.015853004087</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>HU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>WTI Crude</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="WTI Crude"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-01-20</expDate>
            <notionalAmt>215163.65000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>11186.35000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>Hard Red Winter Wheat Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="KWH2"/>
        </identifiers>
        <balance>-3.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>3589.30000000</valUSD>
        <pctVal>0.005086662545</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Hard Red Winter Wheat</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Hard Red Winter Wheat"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-14</expDate>
            <notionalAmt>-123664.30000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>3589.30000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICE Futures US Softs</name>
        <lei>N/A</lei>
        <title>Cotton #2 Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CTN2"/>
        </identifiers>
        <balance>38.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>82601.73000000</valUSD>
        <pctVal>0.117061021989</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Cotton</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Cotton"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-07-07</expDate>
            <notionalAmt>1964268.27000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>82601.73000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley Capital Services LLC</name>
        <lei>I7331LVCZKQKX5T7XV54</lei>
        <title>MS Equity Market Neutral Custom Basket</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="MHSwapS1"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-948917.15000000</valUSD>
        <pctVal>-1.34478068875</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Morgan Stanley Capital Services LLC</counterpartyName>
              <counterpartyLei>I7331LVCZKQKX5T7XV54</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MS Equity Market Neutral Short Custom Basket</indexName>
                <indexIdentifier>N/A</indexIdentifier>
                <components>
                  <component>
                    <othIndName>RLJ Lodging Trust</othIndName>
                    <identifiers>
                      <cusip value="74965L101"/>
                    </identifiers>
                    <othIndNotAmt>-34309.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-477924.37000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Office Properties Income Trust</othIndName>
                    <identifiers>
                      <cusip value="67623C109"/>
                    </identifiers>
                    <othIndNotAmt>-13427.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-333526.68000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>American Finance Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="02607T109"/>
                    </identifiers>
                    <othIndNotAmt>-27375.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-249933.75000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Independence Realty Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="45378A106"/>
                    </identifiers>
                    <othIndNotAmt>-17613.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-454943.79000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Industrial Logistics Properties Trust</othIndName>
                    <identifiers>
                      <cusip value="456237106"/>
                    </identifiers>
                    <othIndNotAmt>-6273.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-157138.65000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Healthcare Realty Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="421946104"/>
                    </identifiers>
                    <othIndNotAmt>-5341.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-168989.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Equity Commonwealth</othIndName>
                    <identifiers>
                      <cusip value="294628102"/>
                    </identifiers>
                    <othIndNotAmt>-7657.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-198316.30000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>National Health Investors, Inc.</othIndName>
                    <identifiers>
                      <cusip value="63633D104"/>
                    </identifiers>
                    <othIndNotAmt>-2861.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-164421.67000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LTC Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="502175102"/>
                    </identifiers>
                    <othIndNotAmt>-7064.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-241164.96000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vanguard Real Estate ETF</othIndName>
                    <identifiers>
                      <cusip value="922908553"/>
                    </identifiers>
                    <othIndNotAmt>-11428.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1325762.28000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CubeSmart</othIndName>
                    <identifiers>
                      <cusip value="229663109"/>
                    </identifiers>
                    <othIndNotAmt>-3062.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-174258.42000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Realty Income Corp.</othIndName>
                    <identifiers>
                      <cusip value="756109104"/>
                    </identifiers>
                    <othIndNotAmt>-12227.14100000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-875341.02000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Phillips Edison &amp; Company, Inc.</othIndName>
                    <identifiers>
                      <cusip value="71844V201"/>
                    </identifiers>
                    <othIndNotAmt>-15143.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-500324.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Mid-America Apartment Communities, Inc.</othIndName>
                    <identifiers>
                      <cusip value="59522J103"/>
                    </identifiers>
                    <othIndNotAmt>-4060.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-931526.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Easterly Government Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="27616P103"/>
                    </identifiers>
                    <othIndNotAmt>-7561.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-173298.12000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Essential Properties Realty Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="29670E107"/>
                    </identifiers>
                    <othIndNotAmt>-18729.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-539957.07000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Orion Office REIT, Inc.</othIndName>
                    <identifiers>
                      <cusip value="68629Y103"/>
                    </identifiers>
                    <othIndNotAmt>-0.31410000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-5.86000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Broadstone Net Lease, Inc.</othIndName>
                    <identifiers>
                      <cusip value="11135E203"/>
                    </identifiers>
                    <othIndNotAmt>-19331.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-479795.42000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Digital Realty Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="253868103"/>
                    </identifiers>
                    <othIndNotAmt>-2208.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-390528.96000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Welltower, Inc.</othIndName>
                    <identifiers>
                      <cusip value="95040Q104"/>
                    </identifiers>
                    <othIndNotAmt>-2605.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-223430.85000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Host Hotels &amp; Resorts, Inc.</othIndName>
                    <identifiers>
                      <cusip value="44107P104"/>
                    </identifiers>
                    <othIndNotAmt>-28335.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-492745.65000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>STORE Capital Corp.</othIndName>
                    <identifiers>
                      <cusip value="862121100"/>
                    </identifiers>
                    <othIndNotAmt>-19272.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-662956.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Omega Healthcare Investors, Inc.</othIndName>
                    <identifiers>
                      <cusip value="681936100"/>
                    </identifiers>
                    <othIndNotAmt>-17506.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-518002.54000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>STAG Industrial, Inc.</othIndName>
                    <identifiers>
                      <cusip value="85254J102"/>
                    </identifiers>
                    <othIndNotAmt>-9273.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-444733.08000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Apartment Income REIT Corp.</othIndName>
                    <identifiers>
                      <cusip value="03750L109"/>
                    </identifiers>
                    <othIndNotAmt>-7753.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-423856.51000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Corporate Office Properties Trust</othIndName>
                    <identifiers>
                      <cusip value="22002T108"/>
                    </identifiers>
                    <othIndNotAmt>-11582.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-323948.54000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Douglas Emmett, Inc.</othIndName>
                    <identifiers>
                      <cusip value="25960P109"/>
                    </identifiers>
                    <othIndNotAmt>-12203.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-408800.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Washington Real Estate Investment Trust</othIndName>
                    <identifiers>
                      <cusip value="939653101"/>
                    </identifiers>
                    <othIndNotAmt>-15225.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-393566.25000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Apple Hospitality REIT, Inc.</othIndName>
                    <identifiers>
                      <cusip value="03784Y200"/>
                    </identifiers>
                    <othIndNotAmt>-41724.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-673842.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Camden Property Trust</othIndName>
                    <identifiers>
                      <cusip value="133131102"/>
                    </identifiers>
                    <othIndNotAmt>-2506.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-447772.08000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CorePoint Lodging, Inc.</othIndName>
                    <identifiers>
                      <cusip value="21872L104"/>
                    </identifiers>
                    <othIndNotAmt>-8537.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-134030.90000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                </components>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 Index" floatingRtSpread="-0.31000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Year" rateTenorUnit="5" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">MS Equity Market Neutral Custom Basket - Tenor At Maturity</otherPmntDesc>
            <terminationDt>2023-08-31</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-12984843.98000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-948917.15000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Invesco Pennsylvania Value Mun</name>
        <lei>549300S5KHBL3XISY922</lei>
        <title>Invesco Pennsylvania Value Municipal Income Trust</title>
        <cusip>46132K109</cusip>
        <identifiers>
          <isin value="US46132K1097"/>
        </identifiers>
        <balance>7747.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>108225.59000000</valUSD>
        <pctVal>0.153374489502</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>London Metal Exchange</name>
        <lei>N/A</lei>
        <title>LME Nickel Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LNG2"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>3382.75000000</valUSD>
        <pctVal>0.004793945261</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>LME Nickel</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="LME Nickel"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-02-14</expDate>
            <notionalAmt>121618.25000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>3382.75000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Neuberger Berman New York Muni</name>
        <lei>549300QBK683OL6H5P21</lei>
        <title>Neuberger Berman New York Municipal Fund, Inc.</title>
        <cusip>64124K102</cusip>
        <identifiers>
          <isin value="US64124K1025"/>
        </identifiers>
        <balance>2630.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>34190.00000000</valUSD>
        <pctVal>0.048453178181</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Aberdeen Japan Equity Fund Inc</name>
        <lei>549300TENE1BGI09O157</lei>
        <title>Aberdeen Japan Equity Fund, Inc.</title>
        <cusip>00306J109</cusip>
        <identifiers>
          <isin value="US00306J1097"/>
        </identifiers>
        <balance>8046.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>65413.98000000</valUSD>
        <pctVal>0.092702990012</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Advanced Micro Devices Inc</name>
        <lei>R2I72C950HOYXII45366</lei>
        <title>Advanced Micro Devices, Inc.</title>
        <cusip>007903107</cusip>
        <identifiers>
          <isin value="US0079031078"/>
        </identifiers>
        <balance>-15928.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-2292039.20000000</valUSD>
        <pctVal>-3.24821830234</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>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>ASX Trade24</name>
        <lei>N/A</lei>
        <title>Australian Government 10 Year Bond Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="XMH2"/>
        </identifiers>
        <balance>-8.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="AUD" exchangeRt="1.37610000"/>
        <valUSD>-2377.54000000</valUSD>
        <pctVal>-0.00336938781</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Aust 10yr 6%</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Interest Rate Future" value="Aust 10yr 6%"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-15</expDate>
            <notionalAmt>-807210.57000000</notionalAmt>
            <curCd>AUD</curCd>
            <unrealizedAppr>-2377.54000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Western Asset Municipal Partne</name>
        <lei>5493001Z97VQ69W5OH84</lei>
        <title>Western Asset Municipal Partners Fund, Inc.</title>
        <cusip>95766P108</cusip>
        <identifiers>
          <isin value="US95766P1084"/>
        </identifiers>
        <balance>1937.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>30139.72000000</valUSD>
        <pctVal>0.042713226777</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs International</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>GS Equity Market Neutral Custom Basket</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="MHSwapGSS1"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-954992.82000000</valUSD>
        <pctVal>-1.35339097015</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Goldman Sachs International</counterpartyName>
              <counterpartyLei>W22LROWP2IHZNBB6K528</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>GS Equity Market Neutral Short Custom Basket</indexName>
                <indexIdentifier>N/A</indexIdentifier>
                <components>
                  <component>
                    <othIndName>Broadstone Net Lease, Inc.</othIndName>
                    <identifiers>
                      <cusip value="11135E203"/>
                    </identifiers>
                    <othIndNotAmt>-19331.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-479795.42000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Camden Property Trust</othIndName>
                    <identifiers>
                      <cusip value="133131102"/>
                    </identifiers>
                    <othIndNotAmt>-2506.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-447772.08000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>National Health Investors, Inc.</othIndName>
                    <identifiers>
                      <cusip value="63633D104"/>
                    </identifiers>
                    <othIndNotAmt>-3050.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-175283.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CorePoint Lodging, Inc.</othIndName>
                    <identifiers>
                      <cusip value="21872L104"/>
                    </identifiers>
                    <othIndNotAmt>-8537.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-134030.90000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Essential Properties Realty Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="29670E107"/>
                    </identifiers>
                    <othIndNotAmt>-18729.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-539957.07000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Washington Real Estate Investment Trust</othIndName>
                    <identifiers>
                      <cusip value="939653101"/>
                    </identifiers>
                    <othIndNotAmt>-15225.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-393566.25000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Orion Office REIT, Inc.</othIndName>
                    <identifiers>
                      <cusip value="68629Y103"/>
                    </identifiers>
                    <othIndNotAmt>-0.32820000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-6.13000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Healthcare Realty Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="421946104"/>
                    </identifiers>
                    <othIndNotAmt>-5341.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-168989.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LTC Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="502175102"/>
                    </identifiers>
                    <othIndNotAmt>-7183.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-245227.62000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Host Hotels &amp; Resorts, Inc.</othIndName>
                    <identifiers>
                      <cusip value="44107P104"/>
                    </identifiers>
                    <othIndNotAmt>-28335.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-492745.65000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Realty Income Corp.</othIndName>
                    <identifiers>
                      <cusip value="756109104"/>
                    </identifiers>
                    <othIndNotAmt>-12227.28200000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-875351.12000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vanguard Real Estate ETF</othIndName>
                    <identifiers>
                      <cusip value="922908553"/>
                    </identifiers>
                    <othIndNotAmt>-11428.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-1325762.28000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Mid-America Apartment Communities, Inc.</othIndName>
                    <identifiers>
                      <cusip value="59522J103"/>
                    </identifiers>
                    <othIndNotAmt>-4060.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-931526.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Phillips Edison &amp; Company, Inc.</othIndName>
                    <identifiers>
                      <cusip value="71844V201"/>
                    </identifiers>
                    <othIndNotAmt>-15143.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-500324.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Corporate Office Properties Trust</othIndName>
                    <identifiers>
                      <cusip value="22002T108"/>
                    </identifiers>
                    <othIndNotAmt>-11582.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-323948.54000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Welltower, Inc.</othIndName>
                    <identifiers>
                      <cusip value="95040Q104"/>
                    </identifiers>
                    <othIndNotAmt>-2605.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-223430.85000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>RLJ Lodging Trust</othIndName>
                    <identifiers>
                      <cusip value="74965L101"/>
                    </identifiers>
                    <othIndNotAmt>-34309.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-477924.37000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Apartment Income REIT Corp.</othIndName>
                    <identifiers>
                      <cusip value="03750L109"/>
                    </identifiers>
                    <othIndNotAmt>-7753.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-423856.51000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>STORE Capital Corp.</othIndName>
                    <identifiers>
                      <cusip value="862121100"/>
                    </identifiers>
                    <othIndNotAmt>-19272.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-662956.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>American Finance Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="02607T109"/>
                    </identifiers>
                    <othIndNotAmt>-27375.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-249933.75000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Digital Realty Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="253868103"/>
                    </identifiers>
                    <othIndNotAmt>-2208.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-390528.96000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Office Properties Income Trust</othIndName>
                    <identifiers>
                      <cusip value="67623C109"/>
                    </identifiers>
                    <othIndNotAmt>-13427.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-333526.68000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Easterly Government Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="27616P103"/>
                    </identifiers>
                    <othIndNotAmt>-7561.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-173298.12000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Omega Healthcare Investors, Inc.</othIndName>
                    <identifiers>
                      <cusip value="681936100"/>
                    </identifiers>
                    <othIndNotAmt>-17506.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-518002.54000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Douglas Emmett, Inc.</othIndName>
                    <identifiers>
                      <cusip value="25960P109"/>
                    </identifiers>
                    <othIndNotAmt>-12203.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-408800.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Independence Realty Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="45378A106"/>
                    </identifiers>
                    <othIndNotAmt>-17613.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-454943.79000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CubeSmart</othIndName>
                    <identifiers>
                      <cusip value="229663109"/>
                    </identifiers>
                    <othIndNotAmt>-3062.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-174258.42000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Apple Hospitality REIT, Inc.</othIndName>
                    <identifiers>
                      <cusip value="03784Y200"/>
                    </identifiers>
                    <othIndNotAmt>-41724.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-673842.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Industrial Logistics Properties Trust</othIndName>
                    <identifiers>
                      <cusip value="456237106"/>
                    </identifiers>
                    <othIndNotAmt>-6170.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-154558.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>STAG Industrial, Inc.</othIndName>
                    <identifiers>
                      <cusip value="85254J102"/>
                    </identifiers>
                    <othIndNotAmt>-9273.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-444733.08000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Equity Commonwealth</othIndName>
                    <identifiers>
                      <cusip value="294628102"/>
                    </identifiers>
                    <othIndNotAmt>-7657.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-198316.30000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                </components>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 Index" floatingRtSpread="-0.23000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Year" rateTenorUnit="5" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">GS Equity Market Neutral Custom Basket - Tenor At Maturity</otherPmntDesc>
            <terminationDt>2024-05-06</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-12997198.69000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-954992.82000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>M&amp;T Bank Corp</name>
        <lei>549300WYXDDBYRASEG81</lei>
        <title>M&amp;T Bank Corp.</title>
        <cusip>55261F104</cusip>
        <identifiers>
          <isin value="US55261F1049"/>
        </identifiers>
        <balance>-5710.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-876941.80000000</valUSD>
        <pctVal>-1.24277909594</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>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>Gabelli Healthcare &amp; WellnessR</name>
        <lei>549300XULWZNLHFTG832</lei>
        <title>Gabelli Healthcare &amp; WellnessRx Trust</title>
        <cusip>36246K103</cusip>
        <identifiers>
          <isin value="US36246K1034"/>
        </identifiers>
        <balance>8447.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>114625.79000000</valUSD>
        <pctVal>0.162444686372</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPX FLOW Inc</name>
        <lei>5493003YXEKRBINIEM78</lei>
        <title>SPX FLOW, Inc.</title>
        <cusip>78469X107</cusip>
        <identifiers>
          <isin value="US78469X1072"/>
        </identifiers>
        <balance>2340.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>202363.20000000</valUSD>
        <pctVal>0.286783860398</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>iShares U.S. Real Estate ETF</name>
        <lei>549300SJWB2CPZFPT616</lei>
        <title>iShares U.S. Real Estate ETF</title>
        <cusip>464287739</cusip>
        <identifiers>
          <isin value="US4642877397"/>
        </identifiers>
        <balance>-4950.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-574893.00000000</valUSD>
        <pctVal>-0.81472339761</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ASX Trade24</name>
        <lei>N/A</lei>
        <title>SPI 200 Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="XPH2"/>
        </identifiers>
        <balance>2.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="AUD" exchangeRt="1.37610000"/>
        <valUSD>4811.66000000</valUSD>
        <pctVal>0.006818959325</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>AU</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P/ASX 200</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-03-17</expDate>
            <notionalAmt>260961.19000000</notionalAmt>
            <curCd>AUD</curCd>
            <unrealizedAppr>4811.66000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley Emerging Market</name>
        <lei>879N34XPZOOCKFD26737</lei>
        <title>Morgan Stanley Emerging Markets Debt Fund, Inc.</title>
        <cusip>61744H105</cusip>
        <identifiers>
          <isin value="US61744H1059"/>
        </identifiers>
        <balance>7039.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>63421.39000000</valUSD>
        <pctVal>0.089879143322</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Montreal Exchange</name>
        <lei>N/A</lei>
        <title>S&amp;P/TSX 60 IX Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="PTH2"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="CAD" exchangeRt="1.26413000"/>
        <valUSD>1931.63000000</valUSD>
        <pctVal>0.002737455764</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P/TSX 60 Index</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-03-17</expDate>
            <notionalAmt>199514.44000000</notionalAmt>
            <curCd>CAD</curCd>
            <unrealizedAppr>1931.63000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New York Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Natural Gas Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NGH22"/>
        </identifiers>
        <balance>45.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-54564.75000000</valUSD>
        <pctVal>-0.07732774361</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Henry Hub Natural Gas Spot Price</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-02-24</expDate>
            <notionalAmt>1670964.75000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-54564.75000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>BARCLAYS CAPITAL INC.</name>
        <lei>AC28XWWI3WIBK2824319</lei>
        <title>Barclays Capital, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="REPO-BARC"/>
        </identifiers>
        <balance>3666936.25000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>3666936.25000000</valUSD>
        <pctVal>5.196686618961</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="AC28XWWI3WIBK2824319" name="BARCLAYS CAPITAL INC."/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>Y</isTriParty>
          <repurchaseRt>0.01000000</repurchaseRt>
          <maturityDt>2022-01-03</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>3100247.88000000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>3740280.02000000</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>UST</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TREASURY BILL</name>
        <lei>254900HROIFWPRGM1V77</lei>
        <title>U.S. Treasury Bills</title>
        <cusip>912796Q77</cusip>
        <identifiers>
          <isin value="US912796Q771"/>
        </identifiers>
        <balance>5800000.00000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>5799963.75000000</valUSD>
        <pctVal>8.219557678453</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>DBT</assetCat>
        <issuerCat>UST</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <debtSec>
          <maturityDt>2022-01-18</maturityDt>
          <couponKind>None</couponKind>
          <annualizedRt>0.00000000</annualizedRt>
          <isDefault>N</isDefault>
          <areIntrstPmntsInArrs>N</areIntrstPmntsInArrs>
          <isPaidKind>N</isPaidKind>
        </debtSec>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Rogers Corp</name>
        <lei>PW0CN80KNFR7RUOOKJ84</lei>
        <title>Rogers Corp.</title>
        <cusip>775133101</cusip>
        <identifiers>
          <isin value="US7751331015"/>
        </identifiers>
        <balance>1562.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>426426.00000000</valUSD>
        <pctVal>0.604319829169</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>ICE Futures Europe Commodities</name>
        <lei>N/A</lei>
        <title>Brent Crude Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="COH2"/>
        </identifiers>
        <balance>3.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>12475.05000000</valUSD>
        <pctVal>0.017679316188</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Brent Crude</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Brent Crude"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-01-31</expDate>
            <notionalAmt>221344.95000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>12475.05000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Lantheus Holdings, Inc.</name>
        <lei>N/A</lei>
        <title>Lantheus Holdings, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LNTH CVR"/>
        </identifiers>
        <balance>42000.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.04000000</valUSD>
        <pctVal>0.000000056686</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Rights"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Virtus AllianzGI Convertible &amp;</name>
        <lei>549300WT3ICVH2Z06O49</lei>
        <title>Virtus AllianzGI Convertible &amp; Income Fund</title>
        <cusip>92838X102</cusip>
        <identifiers>
          <isin value="US92838X1028"/>
        </identifiers>
        <balance>32720.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>190757.60000000</valUSD>
        <pctVal>0.270336706122</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Sterling Bancorp/DE</name>
        <lei>549300LQK6SKH5ZXO648</lei>
        <title>Sterling Bancorp</title>
        <cusip>85917A100</cusip>
        <identifiers>
          <isin value="US85917A1007"/>
        </identifiers>
        <balance>13158.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>339344.82000000</valUSD>
        <pctVal>0.480910647221</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Aberdeen Global Premier Proper</name>
        <lei>2549006N165AK05LKM02</lei>
        <title>Aberdeen Global Premier Properties Fund</title>
        <cusip>00302L108</cusip>
        <identifiers>
          <isin value="US00302L1089"/>
        </identifiers>
        <balance>29937.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>204769.08000000</valUSD>
        <pctVal>0.290193410919</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>IHS Markit Ltd</name>
        <lei>549300HLPTRASHS0E726</lei>
        <title>IHS Markit Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG475671050"/>
        </identifiers>
        <balance>13091.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1740055.72000000</valUSD>
        <pctVal>2.465961680236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Sprott Focus Trust Inc</name>
        <lei>549300ZO564XGNG81814</lei>
        <title>Sprott Focus Trust, Inc.</title>
        <cusip>85208J109</cusip>
        <identifiers>
          <isin value="US85208J1097"/>
        </identifiers>
        <balance>10507.55100000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>90364.94000000</valUSD>
        <pctVal>0.128062841158</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iShares National Muni Bond ETF</name>
        <lei>549300H21FUYFQW9N157</lei>
        <title>iShares National Muni Bond ETF</title>
        <cusip>464288414</cusip>
        <identifiers>
          <isin value="US4642884146"/>
        </identifiers>
        <balance>-2800.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-325584.00000000</valUSD>
        <pctVal>-0.46140917125</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iShares iBoxx $ Investment Gra</name>
        <lei>549300FYCXFXG8POR355</lei>
        <title>iShares iBoxx $ Investment Grade Corporate Bond ETF</title>
        <cusip>464287242</cusip>
        <identifiers>
          <isin value="US4642872422"/>
        </identifiers>
        <balance>-240.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-31804.80000000</valUSD>
        <pctVal>-0.04507293481</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICE Futures US Softs</name>
        <lei>N/A</lei>
        <title>Cocoa Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CCH2"/>
        </identifiers>
        <balance>-5.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-2700.75000000</valUSD>
        <pctVal>-0.00382743261</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Cocoa</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Cocoa"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-16</expDate>
            <notionalAmt>-124249.25000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-2700.75000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <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"/>
        </identifiers>
        <balance>-6104.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-340847.36000000</valUSD>
        <pctVal>-0.48304000780</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>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>Tortoise Power and Energy Infr</name>
        <lei>549300O8GKMVVEB04345</lei>
        <title>Tortoise Power and Energy Infrastructure Fund, Inc.</title>
        <cusip>89147X104</cusip>
        <identifiers>
          <isin value="US89147X1046"/>
        </identifiers>
        <balance>2552.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>34758.24000000</valUSD>
        <pctVal>0.049258473120</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iShares Core High Dividend ETF</name>
        <lei>549300M7WVLJWAVPDO86</lei>
        <title>iShares Core High Dividend ETF</title>
        <cusip>46429B663</cusip>
        <identifiers>
          <isin value="US46429B6636"/>
        </identifiers>
        <balance>-193.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-19491.07000000</valUSD>
        <pctVal>-0.02762223713</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Apollo Asset Management Inc</name>
        <lei>54930054P2G7ZJB0KM79</lei>
        <title>Apollo Asset Management, Inc.</title>
        <cusip>03768E105</cusip>
        <identifiers>
          <isin value="US03768E1055"/>
        </identifiers>
        <balance>-12654.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-916529.22000000</valUSD>
        <pctVal>-1.29888135728</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>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>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>S&amp;P 500 Index Mini Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ESH2"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-813.79000000</valUSD>
        <pctVal>-0.00115328200</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>S&amp;P 500 INDEX</indexName>
                <indexIdentifier>US78378X1072</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-03-18</expDate>
            <notionalAmt>238788.79000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-813.79000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Australian Dollar Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ADH2"/>
        </identifiers>
        <balance>-33.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-47282.10000000</valUSD>
        <pctVal>-0.06700696157</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Australian Dollar</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Currency" value="Australian Dollar"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-14</expDate>
            <notionalAmt>-2350992.90000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-47282.10000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Swiss Franc Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SFH2"/>
        </identifiers>
        <balance>-110.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-216604.71000000</valUSD>
        <pctVal>-0.30696655772</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Swiss Franc</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Currency" value="Swiss Franc"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-14</expDate>
            <notionalAmt>-14882270.29000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-216604.71000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>Soybean Oil Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="BOH2"/>
        </identifiers>
        <balance>7.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>12831.00000000</valUSD>
        <pctVal>0.018183759264</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Soybean Oil</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Soybean Oil"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-14</expDate>
            <notionalAmt>224763.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>12831.00000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PAE Inc</name>
        <lei>N/A</lei>
        <title>PAE, Inc.</title>
        <cusip>69290Y109</cusip>
        <identifiers>
          <isin value="US69290Y1091"/>
        </identifiers>
        <balance>85495.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>848965.35000000</valUSD>
        <pctVal>1.203131599112</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>New Ireland Fund Inc/The</name>
        <lei>549300HNB2YXNXXJQ174</lei>
        <title>New Ireland Fund, Inc.</title>
        <cusip>645673104</cusip>
        <identifiers>
          <isin value="US6456731040"/>
        </identifiers>
        <balance>905.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>10099.80000000</valUSD>
        <pctVal>0.014313173705</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>British Pound Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="BPH2"/>
        </identifiers>
        <balance>33.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>57538.36000000</valUSD>
        <pctVal>0.081541866316</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>British Pound</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Currency" value="British Pound"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-14</expDate>
            <notionalAmt>2730961.64000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>57538.36000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPDR Nuveen Bloomberg Municipa</name>
        <lei>54930090LRDSZWQ4P385</lei>
        <title>SPDR Nuveen Bloomberg Municipal Bond ETF</title>
        <cusip>78468R721</cusip>
        <identifiers>
          <isin value="US78468R7219"/>
        </identifiers>
        <balance>-14980.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-774915.40000000</valUSD>
        <pctVal>-1.09818993717</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICE Futures US Softs</name>
        <lei>N/A</lei>
        <title>Sugar #11 Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SBH2"/>
        </identifiers>
        <balance>16.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-8114.40000000</valUSD>
        <pctVal>-0.01149951649</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Sugar</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Sugar"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-02-28</expDate>
            <notionalAmt>345189.60000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-8114.40000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Energy Transfer LP</name>
        <lei>MTLVN9N7JE8MIBIJ1H73</lei>
        <title>Energy Transfer, LP</title>
        <cusip>29273V100</cusip>
        <identifiers>
          <isin value="US29273V1008"/>
        </identifiers>
        <balance>0.47000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3.87000000</valUSD>
        <pctVal>0.000005484463</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Delaware Investments National</name>
        <lei>NIC7ULNUGCUI836YP119</lei>
        <title>Delaware Investments National Municipal Income Fund</title>
        <cusip>24610T108</cusip>
        <identifiers>
          <isin value="US24610T1088"/>
        </identifiers>
        <balance>937.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>13230.44000000</valUSD>
        <pctVal>0.018749835236</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New York Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Natural Gas Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NGG22"/>
        </identifiers>
        <balance>-1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>88.68000000</valUSD>
        <pctVal>0.000125674988</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Henry Hub Natural Gas Spot Price</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-01-27</expDate>
            <notionalAmt>-37738.68000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>88.68000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Herzfeld Caribbean Basin Fund</name>
        <lei>549300ML0K6PRXPULR11</lei>
        <title>Herzfeld Caribbean Basin Fund, Inc.</title>
        <cusip>42804T106</cusip>
        <identifiers>
          <isin value="US42804T1060"/>
        </identifiers>
        <balance>3326.44700000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>18561.57000000</valUSD>
        <pctVal>0.026304973926</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>New York Community Bancorp Inc</name>
        <lei>529900HVXOTLY61GL030</lei>
        <title>New York Community Bancorp, Inc.</title>
        <cusip>649445103</cusip>
        <identifiers>
          <isin value="US6494451031"/>
        </identifiers>
        <balance>-37561.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-458619.81000000</valUSD>
        <pctVal>-0.64994405883</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>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>Invesco Senior Loan ETF</name>
        <lei>549300SIHU6DQELRNG59</lei>
        <title>Invesco Senior Loan ETF</title>
        <cusip>46138G508</cusip>
        <identifiers>
          <isin value="US46138G5080"/>
        </identifiers>
        <balance>-11557.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-255409.70000000</valUSD>
        <pctVal>-0.36195997962</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs Group Inc/The</name>
        <lei>784F5XWPLTWKTBV3E584</lei>
        <title>Goldman Sachs Group, Inc.</title>
        <cusip>38141G104</cusip>
        <identifiers>
          <isin value="US38141G1040"/>
        </identifiers>
        <balance>-1951.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-746355.05000000</valUSD>
        <pctVal>-1.05771495245</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First Citizens BancShares Inc/</name>
        <lei>549300N3Z00ZHE2XC526</lei>
        <title>First Citizens BancShares, Inc.</title>
        <cusip>31946M103</cusip>
        <identifiers>
          <isin value="US31946M1036"/>
        </identifiers>
        <balance>-656.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-544375.04000000</valUSD>
        <pctVal>-0.77147413895</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>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>Sanderson Farms Inc</name>
        <lei>529900KZGVFTWHUO2759</lei>
        <title>Sanderson Farms, Inc.</title>
        <cusip>800013104</cusip>
        <identifiers>
          <isin value="US8000131040"/>
        </identifiers>
        <balance>3900.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>745212.00000000</valUSD>
        <pctVal>1.056095051744</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>London Metal Exchange</name>
        <lei>N/A</lei>
        <title>LME Primary Aluminum Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LAG22"/>
        </identifiers>
        <balance>2.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>8994.00000000</valUSD>
        <pctVal>0.012746062724</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>LME Primary Aluminum</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="LME Primary Aluminum"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-02-14</expDate>
            <notionalAmt>131256.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>8994.00000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Ferro Corp</name>
        <lei>1YTO5R7OHOPE81ZNYD08</lei>
        <title>Ferro Corp.</title>
        <cusip>315405100</cusip>
        <identifiers>
          <isin value="US3154051003"/>
        </identifiers>
        <balance>40498.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>884071.34000000</valUSD>
        <pctVal>1.252882894483</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Vonage Holdings Corp</name>
        <lei>529900W7N0N4WLN1JY21</lei>
        <title>Vonage Holdings Corp.</title>
        <cusip>92886T201</cusip>
        <identifiers>
          <isin value="US92886T2015"/>
        </identifiers>
        <balance>30603.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>636236.37000000</valUSD>
        <pctVal>0.901657625074</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Live Cattle Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LCJ2"/>
        </identifiers>
        <balance>-105.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-48943.40000000</valUSD>
        <pctVal>-0.06936131269</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Live Cattle</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Live Cattle"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-04-29</expDate>
            <notionalAmt>-6031606.60000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-48943.40000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPDR Bloomberg Convertible Sec</name>
        <lei>549300IXKU3G7R6DMX93</lei>
        <title>SPDR Bloomberg Convertible Securities ETF</title>
        <cusip>78464A359</cusip>
        <identifiers>
          <isin value="US78464A3591"/>
        </identifiers>
        <balance>-3293.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-273187.28000000</valUSD>
        <pctVal>-0.38715390332</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First Interstate BancSystem In</name>
        <lei>549300WRWYTYX0RCNJ43</lei>
        <title>First Interstate BancSystem, Inc.</title>
        <cusip>32055Y201</cusip>
        <identifiers>
          <isin value="US32055Y2019"/>
        </identifiers>
        <balance>-8698.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-353747.66000000</valUSD>
        <pctVal>-0.50132197722</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>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>Aerojet Rocketdyne Holdings In</name>
        <lei>549300VULNLWHE8QWI76</lei>
        <title>Aerojet Rocketdyne Holdings, Inc.</title>
        <cusip>007800105</cusip>
        <identifiers>
          <isin value="US0078001056"/>
        </identifiers>
        <balance>13359.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>624666.84000000</valUSD>
        <pctVal>0.885261588263</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Miller/Howard High Dividend Fu</name>
        <lei>N/A</lei>
        <title>Miller/Howard High Dividend Fund</title>
        <cusip>600379101</cusip>
        <identifiers>
          <isin value="US6003791018"/>
        </identifiers>
        <balance>15368.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>158597.76000000</valUSD>
        <pctVal>0.224760617856</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Atotech Ltd</name>
        <lei>N/A</lei>
        <title>Atotech Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="JE00BMVMZ478"/>
        </identifiers>
        <balance>17259.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>440449.68000000</valUSD>
        <pctVal>0.624193823490</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>CN</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iShares Russell 2000 ETF</name>
        <lei>549300O80OAR5VTWR172</lei>
        <title>iShares Russell 2000 Index ETF</title>
        <cusip>464287655</cusip>
        <identifiers>
          <isin value="US4642876555"/>
        </identifiers>
        <balance>-2637.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-586600.65000000</valUSD>
        <pctVal>-0.83131517449</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>U.S. Treasury 10 Year Note Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TYH2"/>
        </identifiers>
        <balance>57.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>23811.11000000</valUSD>
        <pctVal>0.033744485391</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>US 10yr 6%</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Interest Rate Future" value="US 10yr 6%"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-22</expDate>
            <notionalAmt>7404892.02000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>23811.11000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley Capital Services LLC</name>
        <lei>I7331LVCZKQKX5T7XV54</lei>
        <title>MS Long/Short Equity Custom Basket</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="MHSwapL"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>900850.73000000</valUSD>
        <pctVal>1.276662209295</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Morgan Stanley Capital Services LLC</counterpartyName>
              <counterpartyLei>I7331LVCZKQKX5T7XV54</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MS Long/Short Equity Long Custom Basket</indexName>
                <indexIdentifier>N/A</indexIdentifier>
                <components>
                  <component>
                    <othIndName>Laboratory Corporation of America Holdings</othIndName>
                    <identifiers>
                      <cusip value="50540R409"/>
                    </identifiers>
                    <othIndNotAmt>102.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>32049.42000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Simpson Manufacturing Company, Inc.</othIndName>
                    <identifiers>
                      <cusip value="829073105"/>
                    </identifiers>
                    <othIndNotAmt>139.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19330.73000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Lumentum Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="55024U109"/>
                    </identifiers>
                    <othIndNotAmt>212.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>22423.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Westlake Chemical Corp.</othIndName>
                    <identifiers>
                      <cusip value="960413102"/>
                    </identifiers>
                    <othIndNotAmt>696.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>67602.48000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Hibbett, Inc.</othIndName>
                    <identifiers>
                      <cusip value="428567101"/>
                    </identifiers>
                    <othIndNotAmt>305.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>21938.65000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Hologic, Inc.</othIndName>
                    <identifiers>
                      <cusip value="436440101"/>
                    </identifiers>
                    <othIndNotAmt>847.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>64846.32000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Synchrony Financial</othIndName>
                    <identifiers>
                      <cusip value="87165B103"/>
                    </identifiers>
                    <othIndNotAmt>545.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>25282.55000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Meta Financial Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="59100U108"/>
                    </identifiers>
                    <othIndNotAmt>701.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>41821.66000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>International Business Machines Corp.</othIndName>
                    <identifiers>
                      <cusip value="459200101"/>
                    </identifiers>
                    <othIndNotAmt>428.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>57206.48000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Molson Coors Beverage Co.</othIndName>
                    <identifiers>
                      <cusip value="60871R209"/>
                    </identifiers>
                    <othIndNotAmt>681.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31564.35000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Juniper Networks, Inc.</othIndName>
                    <identifiers>
                      <cusip value="48203R104"/>
                    </identifiers>
                    <othIndNotAmt>1101.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>39316.71000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>PulteGroup, Inc.</othIndName>
                    <identifiers>
                      <cusip value="745867101"/>
                    </identifiers>
                    <othIndNotAmt>485.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>27722.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Worthington Industries, Inc.</othIndName>
                    <identifiers>
                      <cusip value="981811102"/>
                    </identifiers>
                    <othIndNotAmt>626.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>34217.16000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vector Group Ltd.</othIndName>
                    <identifiers>
                      <cusip value="92240M108"/>
                    </identifiers>
                    <othIndNotAmt>1570.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>18023.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MDU Resources Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="552690109"/>
                    </identifiers>
                    <othIndNotAmt>1631.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>50300.04000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Equitrans Midstream Corp.</othIndName>
                    <identifiers>
                      <cusip value="294600101"/>
                    </identifiers>
                    <othIndNotAmt>1850.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19129.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>AutoZone, Inc.</othIndName>
                    <identifiers>
                      <cusip value="053332102"/>
                    </identifiers>
                    <othIndNotAmt>45.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>94337.55000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Bio-Rad Laboratories, Inc.</othIndName>
                    <identifiers>
                      <cusip value="090572207"/>
                    </identifiers>
                    <othIndNotAmt>65.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>49112.05000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NetApp, Inc.</othIndName>
                    <identifiers>
                      <cusip value="64110D104"/>
                    </identifiers>
                    <othIndNotAmt>537.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>49398.63000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sanmina Corp.</othIndName>
                    <identifiers>
                      <cusip value="801056102"/>
                    </identifiers>
                    <othIndNotAmt>1741.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>72181.86000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Tri Pointe Homes, Inc.</othIndName>
                    <identifiers>
                      <cusip value="87265H109"/>
                    </identifiers>
                    <othIndNotAmt>1096.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>30567.44000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Hillenbrand, Inc.</othIndName>
                    <identifiers>
                      <cusip value="431571108"/>
                    </identifiers>
                    <othIndNotAmt>1115.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>57968.85000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vertex Pharmaceuticals, Inc.</othIndName>
                    <identifiers>
                      <cusip value="92532F100"/>
                    </identifiers>
                    <othIndNotAmt>161.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>35355.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Tapestry, Inc.</othIndName>
                    <identifiers>
                      <cusip value="876030107"/>
                    </identifiers>
                    <othIndNotAmt>730.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>29638.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cummins, Inc.</othIndName>
                    <identifiers>
                      <cusip value="231021106"/>
                    </identifiers>
                    <othIndNotAmt>360.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>78530.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Foot Locker, Inc.</othIndName>
                    <identifiers>
                      <cusip value="344849104"/>
                    </identifiers>
                    <othIndNotAmt>570.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>24869.10000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>AutoNation, Inc.</othIndName>
                    <identifiers>
                      <cusip value="05329W102"/>
                    </identifiers>
                    <othIndNotAmt>311.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>36340.35000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Preferred Bank/Los Angeles CA</othIndName>
                    <identifiers>
                      <cusip value="740367404"/>
                    </identifiers>
                    <othIndNotAmt>1330.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>95480.70000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Essent Group Ltd.</othIndName>
                    <identifiers>
                      <isin value="BMG3198U1027"/>
                    </identifiers>
                    <othIndNotAmt>892.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>40612.76000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Oxford Industries, Inc.</othIndName>
                    <identifiers>
                      <cusip value="691497309"/>
                    </identifiers>
                    <othIndNotAmt>228.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>23146.56000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>EVERTEC, Inc.</othIndName>
                    <identifiers>
                      <cusip value="30040P103"/>
                    </identifiers>
                    <othIndNotAmt>939.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>46931.22000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Gentex Corp.</othIndName>
                    <identifiers>
                      <cusip value="371901109"/>
                    </identifiers>
                    <othIndNotAmt>2700.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>94095.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Jack in the Box, Inc.</othIndName>
                    <identifiers>
                      <cusip value="466367109"/>
                    </identifiers>
                    <othIndNotAmt>315.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>27556.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Piper Sandler Cos.</othIndName>
                    <identifiers>
                      <cusip value="724078100"/>
                    </identifiers>
                    <othIndNotAmt>353.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>63014.03000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Quest Diagnostics, Inc.</othIndName>
                    <identifiers>
                      <cusip value="74834L100"/>
                    </identifiers>
                    <othIndNotAmt>449.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>77681.49000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>T-Mobile US, Inc.</othIndName>
                    <identifiers>
                      <cusip value="872590104"/>
                    </identifiers>
                    <othIndNotAmt>160.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>18556.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Packaging Corporation of America</othIndName>
                    <identifiers>
                      <cusip value="695156109"/>
                    </identifiers>
                    <othIndNotAmt>433.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>58952.95000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Louisiana-Pacific Corp.</othIndName>
                    <identifiers>
                      <cusip value="546347105"/>
                    </identifiers>
                    <othIndNotAmt>459.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>35962.65000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Everest Re Group Ltd.</othIndName>
                    <identifiers>
                      <isin value="BMG3223R1088"/>
                    </identifiers>
                    <othIndNotAmt>180.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>49305.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>HomeStreet, Inc.</othIndName>
                    <identifiers>
                      <cusip value="43785V102"/>
                    </identifiers>
                    <othIndNotAmt>1042.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>54184.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>TTM Technologies, Inc.</othIndName>
                    <identifiers>
                      <cusip value="87305R109"/>
                    </identifiers>
                    <othIndNotAmt>3700.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>55130.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>UGI Corp.</othIndName>
                    <identifiers>
                      <cusip value="902681105"/>
                    </identifiers>
                    <othIndNotAmt>2046.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>93931.86000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>BankUnited, Inc.</othIndName>
                    <identifiers>
                      <cusip value="06652K103"/>
                    </identifiers>
                    <othIndNotAmt>1212.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>51279.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Evercore, Inc.</othIndName>
                    <identifiers>
                      <cusip value="29977A105"/>
                    </identifiers>
                    <othIndNotAmt>520.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>70642.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Oshkosh Corp.</othIndName>
                    <identifiers>
                      <cusip value="688239201"/>
                    </identifiers>
                    <othIndNotAmt>440.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>49592.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>WEC Energy Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="92939U106"/>
                    </identifiers>
                    <othIndNotAmt>935.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>90760.45000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Steven Madden Ltd.</othIndName>
                    <identifiers>
                      <cusip value="556269108"/>
                    </identifiers>
                    <othIndNotAmt>0.50000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>23.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LyondellBasell Industries N.V.</othIndName>
                    <identifiers>
                      <isin value="NL0009434992"/>
                    </identifiers>
                    <othIndNotAmt>572.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>52755.56000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LKQ Corp.</othIndName>
                    <identifiers>
                      <cusip value="501889208"/>
                    </identifiers>
                    <othIndNotAmt>1622.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>97368.66000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vontier Corp.</othIndName>
                    <identifiers>
                      <cusip value="928881101"/>
                    </identifiers>
                    <othIndNotAmt>1839.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>56512.47000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Boise Cascade Co.</othIndName>
                    <identifiers>
                      <cusip value="09739D100"/>
                    </identifiers>
                    <othIndNotAmt>577.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>41082.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Acushnet Holdings Corp.</othIndName>
                    <identifiers>
                      <cusip value="005098108"/>
                    </identifiers>
                    <othIndNotAmt>966.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>51275.28000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Brunswick Corp.</othIndName>
                    <identifiers>
                      <cusip value="117043109"/>
                    </identifiers>
                    <othIndNotAmt>485.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>48854.05000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Eagle Pharmaceuticals, Inc.</othIndName>
                    <identifiers>
                      <cusip value="269796108"/>
                    </identifiers>
                    <othIndNotAmt>970.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>49392.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Exelixis, Inc.</othIndName>
                    <identifiers>
                      <cusip value="30161Q104"/>
                    </identifiers>
                    <othIndNotAmt>1043.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19066.04000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Progress Software Corp.</othIndName>
                    <identifiers>
                      <cusip value="743312100"/>
                    </identifiers>
                    <othIndNotAmt>684.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>33016.68000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ethan Allen Interiors, Inc.</othIndName>
                    <identifiers>
                      <cusip value="297602104"/>
                    </identifiers>
                    <othIndNotAmt>1690.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>44430.10000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CommVault Systems, Inc.</othIndName>
                    <identifiers>
                      <cusip value="204166102"/>
                    </identifiers>
                    <othIndNotAmt>281.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19366.52000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Snap-on, Inc.</othIndName>
                    <identifiers>
                      <cusip value="833034101"/>
                    </identifiers>
                    <othIndNotAmt>374.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>80552.12000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Portland General Electric Co.</othIndName>
                    <identifiers>
                      <cusip value="736508847"/>
                    </identifiers>
                    <othIndNotAmt>1750.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>92610.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cisco Systems, Inc.</othIndName>
                    <identifiers>
                      <cusip value="17275R102"/>
                    </identifiers>
                    <othIndNotAmt>1524.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>96575.88000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Shenandoah Telecommunications Co.</othIndName>
                    <identifiers>
                      <cusip value="82312B106"/>
                    </identifiers>
                    <othIndNotAmt>1151.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>29350.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Texas Instruments, Inc.</othIndName>
                    <identifiers>
                      <cusip value="882508104"/>
                    </identifiers>
                    <othIndNotAmt>141.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>26574.27000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>O'Reilly Automotive, Inc.</othIndName>
                    <identifiers>
                      <cusip value="67103H107"/>
                    </identifiers>
                    <othIndNotAmt>132.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>93222.36000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ExlService Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="302081104"/>
                    </identifiers>
                    <othIndNotAmt>182.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>26348.14000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>OSI Systems, Inc.</othIndName>
                    <identifiers>
                      <cusip value="671044105"/>
                    </identifiers>
                    <othIndNotAmt>513.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>47811.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>IDACORP, Inc.</othIndName>
                    <identifiers>
                      <cusip value="451107106"/>
                    </identifiers>
                    <othIndNotAmt>825.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>93480.75000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Interactive Brokers Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="45841N107"/>
                    </identifiers>
                    <othIndNotAmt>643.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>51067.06000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>PerkinElmer, Inc.</othIndName>
                    <identifiers>
                      <cusip value="714046109"/>
                    </identifiers>
                    <othIndNotAmt>107.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>21513.42000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Coherus Biosciences, Inc.</othIndName>
                    <identifiers>
                      <cusip value="19249H103"/>
                    </identifiers>
                    <othIndNotAmt>1170.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>18673.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Radian Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="750236101"/>
                    </identifiers>
                    <othIndNotAmt>2751.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>58128.63000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Arch Capital Group Ltd.</othIndName>
                    <identifiers>
                      <isin value="BMG0450A1053"/>
                    </identifiers>
                    <othIndNotAmt>1931.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>85832.95000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Innoviva, Inc.</othIndName>
                    <identifiers>
                      <cusip value="45781M101"/>
                    </identifiers>
                    <othIndNotAmt>4224.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>72864.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Mercury General Corp.</othIndName>
                    <identifiers>
                      <cusip value="589400100"/>
                    </identifiers>
                    <othIndNotAmt>1593.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>84524.58000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Dolby Laboratories, Inc.</othIndName>
                    <identifiers>
                      <cusip value="25659T107"/>
                    </identifiers>
                    <othIndNotAmt>476.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>45324.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vanda Pharmaceuticals, Inc.</othIndName>
                    <identifiers>
                      <cusip value="921659108"/>
                    </identifiers>
                    <othIndNotAmt>2556.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>40103.64000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Buckle, Inc.</othIndName>
                    <identifiers>
                      <cusip value="118440106"/>
                    </identifiers>
                    <othIndNotAmt>1058.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>44763.98000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>United Therapeutics Corp.</othIndName>
                    <identifiers>
                      <cusip value="91307C102"/>
                    </identifiers>
                    <othIndNotAmt>181.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>39110.48000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>American States Water Co.</othIndName>
                    <identifiers>
                      <cusip value="029899101"/>
                    </identifiers>
                    <othIndNotAmt>610.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>63098.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Dick's Sporting Goods, Inc.</othIndName>
                    <identifiers>
                      <cusip value="253393102"/>
                    </identifiers>
                    <othIndNotAmt>301.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>34611.99000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Waters Corp.</othIndName>
                    <identifiers>
                      <cusip value="941848103"/>
                    </identifiers>
                    <othIndNotAmt>95.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>35397.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CMS Energy Corp.</othIndName>
                    <identifiers>
                      <cusip value="125896100"/>
                    </identifiers>
                    <othIndNotAmt>281.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>18279.05000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Douglas Elliman, Inc.</othIndName>
                    <identifiers>
                      <cusip value="25961D105"/>
                    </identifiers>
                    <othIndNotAmt>785.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>9027.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Markel Corp.</othIndName>
                    <identifiers>
                      <cusip value="570535104"/>
                    </identifiers>
                    <othIndNotAmt>23.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>28382.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Enstar Group Ltd.</othIndName>
                    <identifiers>
                      <isin value="BMG3075P1014"/>
                    </identifiers>
                    <othIndNotAmt>361.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>89379.99000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>OneMain Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="68268W103"/>
                    </identifiers>
                    <othIndNotAmt>677.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>33877.08000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Incyte Corp.</othIndName>
                    <identifiers>
                      <cusip value="45337C102"/>
                    </identifiers>
                    <othIndNotAmt>588.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>43159.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Polaris, Inc.</othIndName>
                    <identifiers>
                      <cusip value="731068102"/>
                    </identifiers>
                    <othIndNotAmt>285.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31324.35000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Huntington Ingalls Industries, Inc.</othIndName>
                    <identifiers>
                      <cusip value="446413106"/>
                    </identifiers>
                    <othIndNotAmt>309.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>57702.66000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Methode Electronics, Inc.</othIndName>
                    <identifiers>
                      <cusip value="591520200"/>
                    </identifiers>
                    <othIndNotAmt>637.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31321.29000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Chesapeake Utilities Corp.</othIndName>
                    <identifiers>
                      <cusip value="165303108"/>
                    </identifiers>
                    <othIndNotAmt>654.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>95359.74000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Celanese Corp.</othIndName>
                    <identifiers>
                      <cusip value="150870103"/>
                    </identifiers>
                    <othIndNotAmt>351.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>58989.06000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>AMERISAFE, Inc.</othIndName>
                    <identifiers>
                      <cusip value="03071H100"/>
                    </identifiers>
                    <othIndNotAmt>1252.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>67395.16000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>InterDigital, Inc.</othIndName>
                    <identifiers>
                      <cusip value="45867G101"/>
                    </identifiers>
                    <othIndNotAmt>527.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>37749.01000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Johnson &amp; Johnson</othIndName>
                    <identifiers>
                      <cusip value="478160104"/>
                    </identifiers>
                    <othIndNotAmt>531.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>90838.17000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Old Republic International Corp.</othIndName>
                    <identifiers>
                      <cusip value="680223104"/>
                    </identifiers>
                    <othIndNotAmt>3423.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>84137.34000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Stewart Information Services Corp.</othIndName>
                    <identifiers>
                      <cusip value="860372101"/>
                    </identifiers>
                    <othIndNotAmt>1132.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>90254.36000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Bristol-Myers Squibb Co.</othIndName>
                    <identifiers>
                      <cusip value="110122108"/>
                    </identifiers>
                    <othIndNotAmt>1479.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>92215.65000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Amgen, Inc.</othIndName>
                    <identifiers>
                      <cusip value="031162100"/>
                    </identifiers>
                    <othIndNotAmt>413.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>92912.61000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ameris Bancorp</othIndName>
                    <identifiers>
                      <cusip value="03076K108"/>
                    </identifiers>
                    <othIndNotAmt>376.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>18679.68000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Keysight Technologies, Inc.</othIndName>
                    <identifiers>
                      <cusip value="49338L103"/>
                    </identifiers>
                    <othIndNotAmt>349.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>72071.99000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Safety Insurance Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="78648T100"/>
                    </identifiers>
                    <othIndNotAmt>1064.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>90471.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>United Bankshares, Inc.</othIndName>
                    <identifiers>
                      <cusip value="909907107"/>
                    </identifiers>
                    <othIndNotAmt>1702.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>61748.56000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>National Fuel Gas Co.</othIndName>
                    <identifiers>
                      <cusip value="636180101"/>
                    </identifiers>
                    <othIndNotAmt>1476.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>94375.44000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MGE Energy, Inc.</othIndName>
                    <identifiers>
                      <cusip value="55277P104"/>
                    </identifiers>
                    <othIndNotAmt>1095.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>90063.75000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Dorian LPG Ltd.</othIndName>
                    <identifiers>
                      <isin value="MHY2106R1100"/>
                    </identifiers>
                    <othIndNotAmt>1887.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>23946.03000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Garmin Ltd.</othIndName>
                    <identifiers>
                      <isin value="CH0114405324"/>
                    </identifiers>
                    <othIndNotAmt>684.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>93140.28000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Toro Co.</othIndName>
                    <identifiers>
                      <cusip value="891092108"/>
                    </identifiers>
                    <othIndNotAmt>866.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>86522.06000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Rambus, Inc.</othIndName>
                    <identifiers>
                      <cusip value="750917106"/>
                    </identifiers>
                    <othIndNotAmt>2056.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>60425.84000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Merck &amp; Company, Inc.</othIndName>
                    <identifiers>
                      <cusip value="58933Y105"/>
                    </identifiers>
                    <othIndNotAmt>471.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>36097.44000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>AbbVie, Inc.</othIndName>
                    <identifiers>
                      <cusip value="00287Y109"/>
                    </identifiers>
                    <othIndNotAmt>467.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>63231.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Prestige Consumer Healthcare, Inc.</othIndName>
                    <identifiers>
                      <cusip value="74112D101"/>
                    </identifiers>
                    <othIndNotAmt>770.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>46700.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3M Co.</othIndName>
                    <identifiers>
                      <cusip value="88579Y101"/>
                    </identifiers>
                    <othIndNotAmt>446.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>79222.98000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Intel Corp.</othIndName>
                    <identifiers>
                      <cusip value="458140100"/>
                    </identifiers>
                    <othIndNotAmt>608.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31312.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Halozyme Therapeutics, Inc.</othIndName>
                    <identifiers>
                      <cusip value="40637H109"/>
                    </identifiers>
                    <othIndNotAmt>516.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>20748.36000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Pfizer, Inc.</othIndName>
                    <identifiers>
                      <cusip value="717081103"/>
                    </identifiers>
                    <othIndNotAmt>503.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>29702.15000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Gentherm, Inc.</othIndName>
                    <identifiers>
                      <cusip value="37253A103"/>
                    </identifiers>
                    <othIndNotAmt>347.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>30154.30000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Viavi Solutions, Inc.</othIndName>
                    <identifiers>
                      <cusip value="925550105"/>
                    </identifiers>
                    <othIndNotAmt>5550.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>97791.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Atkore, Inc.</othIndName>
                    <identifiers>
                      <cusip value="047649108"/>
                    </identifiers>
                    <othIndNotAmt>193.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>21459.67000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>John B Sanfilippo &amp; Son, Inc.</othIndName>
                    <identifiers>
                      <cusip value="800422107"/>
                    </identifiers>
                    <othIndNotAmt>992.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>89438.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Microsoft Corp.</othIndName>
                    <identifiers>
                      <cusip value="594918104"/>
                    </identifiers>
                    <othIndNotAmt>91.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>30605.12000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cirrus Logic, Inc.</othIndName>
                    <identifiers>
                      <cusip value="172755100"/>
                    </identifiers>
                    <othIndNotAmt>362.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>33311.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Southern Co.</othIndName>
                    <identifiers>
                      <cusip value="842587107"/>
                    </identifiers>
                    <othIndNotAmt>1115.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>76466.70000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Encore Wire Corp.</othIndName>
                    <identifiers>
                      <cusip value="292562105"/>
                    </identifiers>
                    <othIndNotAmt>489.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>69975.90000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Royalty Pharma plc</othIndName>
                    <identifiers>
                      <isin value="GB00BMVP7Y09"/>
                    </identifiers>
                    <othIndNotAmt>784.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31242.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Albany International Corp.</othIndName>
                    <identifiers>
                      <cusip value="012348108"/>
                    </identifiers>
                    <othIndNotAmt>302.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>26711.90000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Owens Corning</othIndName>
                    <identifiers>
                      <cusip value="690742101"/>
                    </identifiers>
                    <othIndNotAmt>446.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>40363.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Affiliated Managers Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="008252108"/>
                    </identifiers>
                    <othIndNotAmt>133.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>21879.83000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Crane Co.</othIndName>
                    <identifiers>
                      <cusip value="224399105"/>
                    </identifiers>
                    <othIndNotAmt>436.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>44354.28000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Autoliv, Inc.</othIndName>
                    <identifiers>
                      <cusip value="052800109"/>
                    </identifiers>
                    <othIndNotAmt>302.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31229.82000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Antero Midstream Corp.</othIndName>
                    <identifiers>
                      <cusip value="03676B102"/>
                    </identifiers>
                    <othIndNotAmt>1944.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>18817.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Donaldson Company, Inc.</othIndName>
                    <identifiers>
                      <cusip value="257651109"/>
                    </identifiers>
                    <othIndNotAmt>863.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>51141.38000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Shoe Carnival, Inc.</othIndName>
                    <identifiers>
                      <cusip value="824889109"/>
                    </identifiers>
                    <othIndNotAmt>489.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19110.12000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Lennar Corp.</othIndName>
                    <identifiers>
                      <cusip value="526057104"/>
                    </identifiers>
                    <othIndNotAmt>312.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>36241.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>PPL Corp.</othIndName>
                    <identifiers>
                      <cusip value="69351T106"/>
                    </identifiers>
                    <othIndNotAmt>3119.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>93757.14000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Verizon Communications, Inc.</othIndName>
                    <identifiers>
                      <cusip value="92343V104"/>
                    </identifiers>
                    <othIndNotAmt>1394.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>72432.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Knowles Corp.</othIndName>
                    <identifiers>
                      <cusip value="49926D109"/>
                    </identifiers>
                    <othIndNotAmt>4172.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>97416.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Amphastar Pharmaceuticals, Inc.</othIndName>
                    <identifiers>
                      <cusip value="03209R103"/>
                    </identifiers>
                    <othIndNotAmt>1785.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>41572.65000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Perdoceo Education Corp.</othIndName>
                    <identifiers>
                      <cusip value="71363P106"/>
                    </identifiers>
                    <othIndNotAmt>4774.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>56142.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Insteel Industries, Inc.</othIndName>
                    <identifiers>
                      <cusip value="45774W108"/>
                    </identifiers>
                    <othIndNotAmt>542.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>21577.02000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Yelp, Inc.</othIndName>
                    <identifiers>
                      <cusip value="985817105"/>
                    </identifiers>
                    <othIndNotAmt>535.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19388.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MarineMax, Inc.</othIndName>
                    <identifiers>
                      <cusip value="567908108"/>
                    </identifiers>
                    <othIndNotAmt>396.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>23379.84000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Xperi Holding Corp.</othIndName>
                    <identifiers>
                      <cusip value="98390M103"/>
                    </identifiers>
                    <othIndNotAmt>1750.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>33092.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>F5, Inc.</othIndName>
                    <identifiers>
                      <cusip value="315616102"/>
                    </identifiers>
                    <othIndNotAmt>78.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19087.38000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Fulton Financial Corp.</othIndName>
                    <identifiers>
                      <cusip value="360271100"/>
                    </identifiers>
                    <othIndNotAmt>1568.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>26656.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NVR, Inc.</othIndName>
                    <identifiers>
                      <cusip value="62944T105"/>
                    </identifiers>
                    <othIndNotAmt>12.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>70906.44000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Newmont Corp.</othIndName>
                    <identifiers>
                      <cusip value="651639106"/>
                    </identifiers>
                    <othIndNotAmt>380.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>23567.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>HP, Inc.</othIndName>
                    <identifiers>
                      <cusip value="40434L105"/>
                    </identifiers>
                    <othIndNotAmt>690.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>25992.30000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Nucor Corp.</othIndName>
                    <identifiers>
                      <cusip value="670346105"/>
                    </identifiers>
                    <othIndNotAmt>315.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>35957.25000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>USANA Health Sciences, Inc.</othIndName>
                    <identifiers>
                      <cusip value="90328M107"/>
                    </identifiers>
                    <othIndNotAmt>567.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>57380.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Telephone &amp; Data Systems, Inc.</othIndName>
                    <identifiers>
                      <cusip value="879433829"/>
                    </identifiers>
                    <othIndNotAmt>1513.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>30486.95000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Kontoor Brands, Inc.</othIndName>
                    <identifiers>
                      <cusip value="50050N103"/>
                    </identifiers>
                    <othIndNotAmt>390.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19987.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Gilead Sciences, Inc.</othIndName>
                    <identifiers>
                      <cusip value="375558103"/>
                    </identifiers>
                    <othIndNotAmt>1271.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>92287.31000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Kinder Morgan, Inc.</othIndName>
                    <identifiers>
                      <cusip value="49456B101"/>
                    </identifiers>
                    <othIndNotAmt>1159.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>18381.74000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Janus Henderson Group plc</othIndName>
                    <identifiers>
                      <isin value="JE00BYPZJM29"/>
                    </identifiers>
                    <othIndNotAmt>756.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31706.64000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>National Bank Holdings Corp.</othIndName>
                    <identifiers>
                      <cusip value="633707104"/>
                    </identifiers>
                    <othIndNotAmt>1685.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>74038.90000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Omnicom Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="681919106"/>
                    </identifiers>
                    <othIndNotAmt>1119.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>81989.13000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Whirlpool Corp.</othIndName>
                    <identifiers>
                      <cusip value="963320106"/>
                    </identifiers>
                    <othIndNotAmt>262.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>61480.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CSG Systems International, Inc.</othIndName>
                    <identifiers>
                      <cusip value="126349109"/>
                    </identifiers>
                    <othIndNotAmt>1630.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>93920.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Livent Corp.</othIndName>
                    <identifiers>
                      <cusip value="53814L108"/>
                    </identifiers>
                    <othIndNotAmt>0.90160000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>21.98000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sturm Ruger &amp; Company, Inc.</othIndName>
                    <identifiers>
                      <cusip value="864159108"/>
                    </identifiers>
                    <othIndNotAmt>862.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>58633.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Regeneron Pharmaceuticals, Inc.</othIndName>
                    <identifiers>
                      <cusip value="75886F107"/>
                    </identifiers>
                    <othIndNotAmt>96.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>60625.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Dow, Inc.</othIndName>
                    <identifiers>
                      <cusip value="260557103"/>
                    </identifiers>
                    <othIndNotAmt>660.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>37435.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Raymond James Financial, Inc.</othIndName>
                    <identifiers>
                      <cusip value="754730109"/>
                    </identifiers>
                    <othIndNotAmt>929.50000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>93321.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MGIC Investment Corp.</othIndName>
                    <identifiers>
                      <cusip value="552848103"/>
                    </identifiers>
                    <othIndNotAmt>4128.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>59525.76000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Western Union Co.</othIndName>
                    <identifiers>
                      <cusip value="959802109"/>
                    </identifiers>
                    <othIndNotAmt>1816.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>32397.44000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vishay Intertechnology, Inc.</othIndName>
                    <identifiers>
                      <cusip value="928298108"/>
                    </identifiers>
                    <othIndNotAmt>2902.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>63466.74000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Steel Dynamics, Inc.</othIndName>
                    <identifiers>
                      <cusip value="858119100"/>
                    </identifiers>
                    <othIndNotAmt>523.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>32462.61000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Eagle Materials, Inc.</othIndName>
                    <identifiers>
                      <cusip value="26969P108"/>
                    </identifiers>
                    <othIndNotAmt>231.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>38452.26000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Textron, Inc.</othIndName>
                    <identifiers>
                      <cusip value="883203101"/>
                    </identifiers>
                    <othIndNotAmt>405.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31266.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cogent Communications Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="19239V302"/>
                    </identifiers>
                    <othIndNotAmt>425.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31101.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>AdvanSix, Inc.</othIndName>
                    <identifiers>
                      <cusip value="00773T101"/>
                    </identifiers>
                    <othIndNotAmt>479.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>22632.75000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Haverty Furniture Companies, Inc.</othIndName>
                    <identifiers>
                      <cusip value="419596101"/>
                    </identifiers>
                    <othIndNotAmt>573.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>17516.61000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Mueller Industries, Inc.</othIndName>
                    <identifiers>
                      <cusip value="624756102"/>
                    </identifiers>
                    <othIndNotAmt>1480.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>87852.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Zumiez, Inc.</othIndName>
                    <identifiers>
                      <cusip value="989817101"/>
                    </identifiers>
                    <othIndNotAmt>791.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>37960.09000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Allison Transmission Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="01973R101"/>
                    </identifiers>
                    <othIndNotAmt>1573.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>57178.55000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Citigroup, Inc.</othIndName>
                    <identifiers>
                      <cusip value="172967424"/>
                    </identifiers>
                    <othIndNotAmt>1505.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>90886.95000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>First American Financial Corp.</othIndName>
                    <identifiers>
                      <cusip value="31847R102"/>
                    </identifiers>
                    <othIndNotAmt>623.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>48737.29000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Hilltop Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="432748101"/>
                    </identifiers>
                    <othIndNotAmt>1198.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>42097.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                </components>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">MS Long/Short Equity Custom Basket - Tenor At Maturity</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 Index" floatingRtSpread="0.40000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Year" rateTenorUnit="5" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2023-08-31</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>9009793.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>900850.73000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Euro FX Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="ECH2"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>1171.31000000</valUSD>
        <pctVal>0.001659950047</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Euro</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Currency" value="Euro"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-14</expDate>
            <notionalAmt>141228.69000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>1171.31000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>PGIM Global High Yield Fund In</name>
        <lei>F0ATD1Y4J8CHDKHSLD09</lei>
        <title>PGIM Global High Yield Fund, Inc.</title>
        <cusip>69346J106</cusip>
        <identifiers>
          <isin value="US69346J1060"/>
        </identifiers>
        <balance>12573.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>189726.57000000</valUSD>
        <pctVal>0.268875557239</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eurex</name>
        <lei>N/A</lei>
        <title>Euro - OATS Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="OATH2"/>
        </identifiers>
        <balance>47.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87840000"/>
        <valUSD>-76507.77000000</valUSD>
        <pctVal>-0.10842482047</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>DE</invCountry>

        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Euro-OAT 10yr 6%</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Interest Rate Future" value="Euro-OAT 10yr 6%"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-08</expDate>
            <notionalAmt>8763683.86000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-76507.77000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Investors Bancorp Inc</name>
        <lei>N/A</lei>
        <title>Investors Bancorp, Inc.</title>
        <cusip>46146L101</cusip>
        <identifiers>
          <isin value="US46146L1017"/>
        </identifiers>
        <balance>31211.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>472846.65000000</valUSD>
        <pctVal>0.670105966220</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Xilinx Inc</name>
        <lei>6EY4K7ZMF9UX1CU6KC79</lei>
        <title>Xilinx, Inc.</title>
        <cusip>983919101</cusip>
        <identifiers>
          <isin value="US9839191015"/>
        </identifiers>
        <balance>9242.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>1959581.26000000</valUSD>
        <pctVal>2.777067562221</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Delaware Ivy High Income Oppor</name>
        <lei>549300C130E3EJZ8ZQ39</lei>
        <title>Delaware Ivy High Income Opportunities Fund</title>
        <cusip>246107106</cusip>
        <identifiers>
          <isin value="US2461071068"/>
        </identifiers>
        <balance>6594.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>91854.42000000</valUSD>
        <pctVal>0.130173693449</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>MKS Instruments Inc</name>
        <lei>549300KEQATBHAGVF505</lei>
        <title>MKS Instruments, Inc.</title>
        <cusip>55306N104</cusip>
        <identifiers>
          <isin value="US55306N1046"/>
        </identifiers>
        <balance>-953.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-165984.01000000</valUSD>
        <pctVal>-0.23522821912</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>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>Cerner Corp</name>
        <lei>549300L4UJ40IEVVI304</lei>
        <title>Cerner Corp.</title>
        <cusip>156782104</cusip>
        <identifiers>
          <isin value="US1567821046"/>
        </identifiers>
        <balance>4553.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>422837.11000000</valUSD>
        <pctVal>0.599233747665</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>MFS Investment Grade Municipal</name>
        <lei>TQV30XJRB3S7V50XRW52</lei>
        <title>MFS Investment Grade Municipal Trust</title>
        <cusip>59318B108</cusip>
        <identifiers>
          <isin value="US59318B1089"/>
        </identifiers>
        <balance>2215.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>22836.65000000</valUSD>
        <pctVal>0.032363506040</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eurex</name>
        <lei>N/A</lei>
        <title>Euro STOXX 50 Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="VGH2"/>
        </identifiers>
        <balance>3.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87840000"/>
        <valUSD>-668.06000000</valUSD>
        <pctVal>-0.00094675724</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>EURO STOXX 50 Price EUR</indexName>
                <indexIdentifier>EU0009658145</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-03-18</expDate>
            <notionalAmt>145628.24000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-668.06000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Guggenheim Partners Investment Management LLC</name>
        <lei>N/A</lei>
        <title>Guggenheim Ultra Short Duration Fund - Institutional Class</title>
        <cusip>40169J523</cusip>
        <identifiers>
          <isin value="US40169J5231"/>
        </identifiers>
        <balance>371717.90090000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>3687441.58000000</valUSD>
        <pctVal>5.225746238971</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>RR Donnelley &amp; Sons Co</name>
        <lei>SU4X0P4WWRGOQDTSV032</lei>
        <title>RR Donnelley &amp; Sons Co.</title>
        <cusip>257867200</cusip>
        <identifiers>
          <isin value="US2578672006"/>
        </identifiers>
        <balance>29423.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>331302.98000000</valUSD>
        <pctVal>0.469513960868</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>CorePoint Lodging Inc</name>
        <lei>549300VM1I60JN1Z8171</lei>
        <title>CorePoint Lodging, Inc.</title>
        <cusip>21872L104</cusip>
        <identifiers>
          <isin value="US21872L1044"/>
        </identifiers>
        <balance>26565.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>417070.50000000</valUSD>
        <pctVal>0.591061458053</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Great Western Bancorp Inc</name>
        <lei>5493004X4OTHDTFBHI90</lei>
        <title>Great Western Bancorp, Inc.</title>
        <cusip>391416104</cusip>
        <identifiers>
          <isin value="US3914161043"/>
        </identifiers>
        <balance>10324.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>350603.04000000</valUSD>
        <pctVal>0.496865503602</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>ICE Futures Europe Financials</name>
        <lei>N/A</lei>
        <title>Long Gilt Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="G H2"/>
        </identifiers>
        <balance>-31.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73945000"/>
        <valUSD>53559.95000000</valUSD>
        <pctVal>0.075903767205</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>UK 10yr 4.0 %</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Interest Rate Future" value="UK 10yr 4.0 %"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-29</expDate>
            <notionalAmt>-5210595.32000000</notionalAmt>
            <curCd>GBP</curCd>
            <unrealizedAppr>53559.95000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Cattle Feeder Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="FCH2"/>
        </identifiers>
        <balance>-2.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-5118.66000000</valUSD>
        <pctVal>-0.00725403173</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Cattle Feeder</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Cattle Feeder"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-31</expDate>
            <notionalAmt>-164881.34000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-5118.66000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iShares Preferred &amp; Income Sec</name>
        <lei>549300YX74JNY54XCY80</lei>
        <title>iShares Preferred &amp; Income Securities ETF</title>
        <cusip>464288687</cusip>
        <identifiers>
          <isin value="US4642886877"/>
        </identifiers>
        <balance>-65.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-2562.95000000</valUSD>
        <pctVal>-0.00363214603</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Tri-Continental Corp</name>
        <lei>6QVMFZKY1QSOOIHD7Y77</lei>
        <title>Tri-Continental Corp.</title>
        <cusip>895436103</cusip>
        <identifiers>
          <isin value="US8954361031"/>
        </identifiers>
        <balance>5399.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>179192.81000000</valUSD>
        <pctVal>0.253947386715</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <loanByFundCondition isLoanByFund="Y" loanVal="131631.54000000"/>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>NeoPhotonics Corp</name>
        <lei>5493001EHDO3GEGZ6930</lei>
        <title>NeoPhotonics Corp.</title>
        <cusip>64051T100</cusip>
        <identifiers>
          <isin value="US64051T1007"/>
        </identifiers>
        <balance>26811.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>412085.07000000</valUSD>
        <pctVal>0.583996236406</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Athene Holding Ltd</name>
        <lei>549300H316CT32FQXI76</lei>
        <title>Athene Holding Ltd.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <isin value="BMG0684D1074"/>
        </identifiers>
        <balance>11013.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>917713.29000000</valUSD>
        <pctVal>1.300559390468</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>Soybean Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="S H2"/>
        </identifiers>
        <balance>5.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>11572.50000000</valUSD>
        <pctVal>0.016400245817</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Soybean</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Soybean"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-14</expDate>
            <notionalAmt>323365.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>11572.50000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Voyageur Minnesota Muni II</name>
        <lei>RY6PR144OD7KOIBBCC20</lei>
        <title>Delaware Investments Minnesota Municipal Income Fund II, Inc.</title>
        <cusip>24610V103</cusip>
        <identifiers>
          <isin value="US24610V1035"/>
        </identifiers>
        <balance>2289.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>32297.79000000</valUSD>
        <pctVal>0.045771587415</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Raymond James Financial Inc</name>
        <lei>RGUZHJ05YTITL6D76949</lei>
        <title>Raymond James Financial, Inc.</title>
        <cusip>754730109</cusip>
        <identifiers>
          <isin value="US7547301090"/>
        </identifiers>
        <balance>-3493.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-350697.20000000</valUSD>
        <pctVal>-0.49699894470</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>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>LMP Capital and Income Fund In</name>
        <lei>549300YJH1GYGXCCQ467</lei>
        <title>LMP Capital and Income Fund, Inc.</title>
        <cusip>50208A102</cusip>
        <identifiers>
          <isin value="US50208A1025"/>
        </identifiers>
        <balance>12687.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>192842.40000000</valUSD>
        <pctVal>0.273291230423</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Veoneer Inc</name>
        <lei>54930082R4LTC7PERT23</lei>
        <title>Veoneer, Inc.</title>
        <cusip>92336X109</cusip>
        <identifiers>
          <isin value="US92336X1090"/>
        </identifiers>
        <balance>18045.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>640236.60000000</valUSD>
        <pctVal>0.907326646922</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Monmouth Real Estate Investmen</name>
        <lei>549300DFIUDCN3KVN260</lei>
        <title>Monmouth Real Estate Investment Corp.</title>
        <cusip>609720107</cusip>
        <identifiers>
          <isin value="US6097201072"/>
        </identifiers>
        <balance>40114.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>842795.14000000</valUSD>
        <pctVal>1.194387338084</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Montreal Exchange</name>
        <lei>N/A</lei>
        <title>Canadian Government 10 Year Bond Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CNH2"/>
        </identifiers>
        <balance>-83.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="CAD" exchangeRt="1.26413000"/>
        <valUSD>-89154.98000000</valUSD>
        <pctVal>-0.12634811733</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>CA</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Can 10yr 6%</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Interest Rate Future" value="Can 10yr 6%"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-22</expDate>
            <notionalAmt>-9184537.10000000</notionalAmt>
            <curCd>CAD</curCd>
            <unrealizedAppr>-89154.98000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>GreenSky Inc</name>
        <lei>N/A</lei>
        <title>GreenSky, Inc.</title>
        <cusip>39572G100</cusip>
        <identifiers>
          <isin value="US39572G1004"/>
        </identifiers>
        <balance>65037.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>738820.32000000</valUSD>
        <pctVal>1.047036929196</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>iShares iBoxx High Yield Corpo</name>
        <lei>N/A</lei>
        <title>iShares iBoxx High Yield Corporate Bond ETF</title>
        <cusip>464288513</cusip>
        <identifiers>
          <isin value="US4642885135"/>
        </identifiers>
        <balance>-6661.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-579573.61000000</valUSD>
        <pctVal>-0.82135663629</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>iShares Russell 1000 Growth ET</name>
        <lei>549300H1KWQVEKI25E14</lei>
        <title>iShares Russell 1000 Growth ETF</title>
        <cusip>464287614</cusip>
        <identifiers>
          <isin value="US4642876142"/>
        </identifiers>
        <balance>-296.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-90454.64000000</valUSD>
        <pctVal>-0.12818996166</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Lean Hogs Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LHG2"/>
        </identifiers>
        <balance>-1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-1103.08000000</valUSD>
        <pctVal>-0.00156325626</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CME LEAN HOG INDEX</indexName>
                <indexIdentifier>IHX</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-02-14</expDate>
            <notionalAmt>-31416.92000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-1103.08000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>TriState Capital Holdings Inc</name>
        <lei>5493003JKSPN0881WX29</lei>
        <title>TriState Capital Holdings, Inc.</title>
        <cusip>89678F100</cusip>
        <identifiers>
          <isin value="US89678F1003"/>
        </identifiers>
        <balance>13971.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>422762.46000000</valUSD>
        <pctVal>0.599127955628</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>New York Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Gasoline RBOB Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="XBG2"/>
        </identifiers>
        <balance>32.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>83032.20000000</valUSD>
        <pctVal>0.117671072869</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Bloomberg 84 Octane RBOB Gasoline Prompt Month Spot Pipeline Px/New York Harbor</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-01-31</expDate>
            <notionalAmt>2903201.40000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>83032.20000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>First American Funds</name>
        <lei>N/A</lei>
        <title>First American Government Obligations Fund</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="FGZXX"/>
        </identifiers>
        <balance>281925.80000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>281925.80000000</valUSD>
        <pctVal>0.399537906447</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>STIV</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <cashCollateralCondition cashCollateralVal="281925.80000000" isCashCollateral="Y"/>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>New Zealand Dollar Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NVH2"/>
        </identifiers>
        <balance>59.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>51978.02000000</valUSD>
        <pctVal>0.073661897180</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>New Zealand Dollar</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Currency" value="New Zealand Dollar"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-14</expDate>
            <notionalAmt>3980671.98000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>51978.02000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commodity Exchange, Inc.</name>
        <lei>N/A</lei>
        <title>Copper Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="HGH2"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>2659.45000000</valUSD>
        <pctVal>0.003768903325</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Copper</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Copper"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-29</expDate>
            <notionalAmt>108753.05000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>2659.45000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Euronext Derivatives Amsterdam</name>
        <lei>N/A</lei>
        <title>Amsterdam Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="EOF2"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87840000"/>
        <valUSD>1804.88000000</valUSD>
        <pctVal>0.002557828962</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>NL</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>AEX-Index</indexName>
                <indexIdentifier>NL0000000107</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-01-21</expDate>
            <notionalAmt>178556.87000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>1804.88000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Japanese Yen Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="JYH2"/>
        </identifiers>
        <balance>32.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-38090.31000000</valUSD>
        <pctVal>-0.05398059600</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Japanese Yen</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Currency" value="Japanese Yen"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-14</expDate>
            <notionalAmt>3515290.31000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-38090.31000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Commodity Exchange, Inc.</name>
        <lei>N/A</lei>
        <title>Silver Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="SIH2"/>
        </identifiers>
        <balance>-1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>4976.95000000</valUSD>
        <pctVal>0.007053204011</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Silver</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Silver"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-29</expDate>
            <notionalAmt>-121576.95000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>4976.95000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPDR Gold Shares</name>
        <lei>N/A</lei>
        <title>SPDR Gold Shares</title>
        <cusip>78463V107</cusip>
        <identifiers>
          <isin value="US78463V1070"/>
        </identifiers>
        <balance>-41.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-7009.36000000</valUSD>
        <pctVal>-0.00993348256</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Virtus AllianzGI Convertible &amp;</name>
        <lei>549300VQWKOKLGOGUQ16</lei>
        <title>Virtus AllianzGI Convertible &amp; Income Fund II</title>
        <cusip>92838U108</cusip>
        <identifiers>
          <isin value="US92838U1088"/>
        </identifiers>
        <balance>36770.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>187527.00000000</valUSD>
        <pctVal>0.265758383880</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cboe Futures Exchange</name>
        <lei>N/A</lei>
        <title>CBOE Volatility Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="UXK2"/>
        </identifiers>
        <balance>-145.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>130099.39000000</valUSD>
        <pctVal>0.184373469581</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Chicago Board Options Exchange SPX Volatility Index</indexName>
                <indexIdentifier>US12497K1007</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-05-18</expDate>
            <notionalAmt>-3788449.39000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>130099.39000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Royce Micro-Cap Trust Inc</name>
        <lei>254900D3WFIV4SD8EF19</lei>
        <title>Royce Micro-Capital Trust, Inc.</title>
        <cusip>780915104</cusip>
        <identifiers>
          <isin value="US7809151043"/>
        </identifiers>
        <balance>16531.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>190933.05000000</valUSD>
        <pctVal>0.270585349296</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Kraton Corp</name>
        <lei>N/A</lei>
        <title>Kraton Corp.</title>
        <cusip>50077C106</cusip>
        <identifiers>
          <isin value="US50077C1062"/>
        </identifiers>
        <balance>9514.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>440688.48000000</valUSD>
        <pctVal>0.624532244635</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>VanEck High Yield Muni ETF</name>
        <lei>549300UT41BWOPGYSE94</lei>
        <title>VanEck High Yield Muni ETF</title>
        <cusip>92189H409</cusip>
        <identifiers>
          <isin value="US92189H4092"/>
        </identifiers>
        <balance>-2545.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-158884.35000000</valUSD>
        <pctVal>-0.22516676574</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>CBRE Global Real Estate Income</name>
        <lei>549300HYEBBK5ZZO6F11</lei>
        <title>CBRE Global Real Estate Income Fund</title>
        <cusip>12504G100</cusip>
        <identifiers>
          <isin value="US12504G1004"/>
        </identifiers>
        <balance>20822.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>203847.38000000</valUSD>
        <pctVal>0.288887201667</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Live Cattle Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="LCM2"/>
        </identifiers>
        <balance>105.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>18726.60000000</valUSD>
        <pctVal>0.026538850147</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Live Cattle</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Live Cattle"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-06-30</expDate>
            <notionalAmt>5823473.40000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>18726.60000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Goldman Sachs International</name>
        <lei>W22LROWP2IHZNBB6K528</lei>
        <title>GS Long/Short Equity Custom Basket</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="MHSwapGSL"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>902052.76000000</valUSD>
        <pctVal>1.278365694928</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Goldman Sachs International</counterpartyName>
              <counterpartyLei>W22LROWP2IHZNBB6K528</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>GS Long/Short Equity Long Custom Basket</indexName>
                <indexIdentifier>N/A</indexIdentifier>
                <components>
                  <component>
                    <othIndName>Dorian LPG Ltd.</othIndName>
                    <identifiers>
                      <isin value="MHY2106R1100"/>
                    </identifiers>
                    <othIndNotAmt>1887.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>23946.03000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Mueller Industries, Inc.</othIndName>
                    <identifiers>
                      <cusip value="624756102"/>
                    </identifiers>
                    <othIndNotAmt>1480.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>87852.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>AMERISAFE, Inc.</othIndName>
                    <identifiers>
                      <cusip value="03071H100"/>
                    </identifiers>
                    <othIndNotAmt>1252.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>67395.16000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>John B Sanfilippo &amp; Son, Inc.</othIndName>
                    <identifiers>
                      <cusip value="800422107"/>
                    </identifiers>
                    <othIndNotAmt>992.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>89438.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Safety Insurance Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="78648T100"/>
                    </identifiers>
                    <othIndNotAmt>1064.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>90471.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Innoviva, Inc.</othIndName>
                    <identifiers>
                      <cusip value="45781M101"/>
                    </identifiers>
                    <othIndNotAmt>4224.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>72864.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>National Bank Holdings Corp.</othIndName>
                    <identifiers>
                      <cusip value="633707104"/>
                    </identifiers>
                    <othIndNotAmt>1685.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>74038.90000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Raymond James Financial, Inc.</othIndName>
                    <identifiers>
                      <cusip value="754730109"/>
                    </identifiers>
                    <othIndNotAmt>929.50000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>93321.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>InterDigital, Inc.</othIndName>
                    <identifiers>
                      <cusip value="45867G101"/>
                    </identifiers>
                    <othIndNotAmt>527.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>37749.01000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vertex Pharmaceuticals, Inc.</othIndName>
                    <identifiers>
                      <cusip value="92532F100"/>
                    </identifiers>
                    <othIndNotAmt>161.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>35355.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>American States Water Co.</othIndName>
                    <identifiers>
                      <cusip value="029899101"/>
                    </identifiers>
                    <othIndNotAmt>610.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>63098.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Kontoor Brands, Inc.</othIndName>
                    <identifiers>
                      <cusip value="50050N103"/>
                    </identifiers>
                    <othIndNotAmt>390.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19987.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Simpson Manufacturing Company, Inc.</othIndName>
                    <identifiers>
                      <cusip value="829073105"/>
                    </identifiers>
                    <othIndNotAmt>139.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19330.73000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>OSI Systems, Inc.</othIndName>
                    <identifiers>
                      <cusip value="671044105"/>
                    </identifiers>
                    <othIndNotAmt>513.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>47811.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Huntington Ingalls Industries, Inc.</othIndName>
                    <identifiers>
                      <cusip value="446413106"/>
                    </identifiers>
                    <othIndNotAmt>309.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>57702.66000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>PulteGroup, Inc.</othIndName>
                    <identifiers>
                      <cusip value="745867101"/>
                    </identifiers>
                    <othIndNotAmt>485.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>27722.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Southern Co.</othIndName>
                    <identifiers>
                      <cusip value="842587107"/>
                    </identifiers>
                    <othIndNotAmt>1115.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>76466.70000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LKQ Corp.</othIndName>
                    <identifiers>
                      <cusip value="501889208"/>
                    </identifiers>
                    <othIndNotAmt>1622.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>97368.66000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Essent Group Ltd.</othIndName>
                    <identifiers>
                      <isin value="BMG3198U1027"/>
                    </identifiers>
                    <othIndNotAmt>892.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>40612.76000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>3M Co.</othIndName>
                    <identifiers>
                      <cusip value="88579Y101"/>
                    </identifiers>
                    <othIndNotAmt>446.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>79222.98000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ameris Bancorp</othIndName>
                    <identifiers>
                      <cusip value="03076K108"/>
                    </identifiers>
                    <othIndNotAmt>376.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>18679.68000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Citigroup, Inc.</othIndName>
                    <identifiers>
                      <cusip value="172967424"/>
                    </identifiers>
                    <othIndNotAmt>1505.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>90886.95000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Allison Transmission Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="01973R101"/>
                    </identifiers>
                    <othIndNotAmt>1573.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>57178.55000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Keysight Technologies, Inc.</othIndName>
                    <identifiers>
                      <cusip value="49338L103"/>
                    </identifiers>
                    <othIndNotAmt>349.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>72071.99000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Celanese Corp.</othIndName>
                    <identifiers>
                      <cusip value="150870103"/>
                    </identifiers>
                    <othIndNotAmt>351.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>58989.06000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MGIC Investment Corp.</othIndName>
                    <identifiers>
                      <cusip value="552848103"/>
                    </identifiers>
                    <othIndNotAmt>4128.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>59525.76000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Bio-Rad Laboratories, Inc.</othIndName>
                    <identifiers>
                      <cusip value="090572207"/>
                    </identifiers>
                    <othIndNotAmt>65.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>49112.05000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Oshkosh Corp.</othIndName>
                    <identifiers>
                      <cusip value="688239201"/>
                    </identifiers>
                    <othIndNotAmt>440.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>49592.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Royalty Pharma plc</othIndName>
                    <identifiers>
                      <isin value="GB00BMVP7Y09"/>
                    </identifiers>
                    <othIndNotAmt>784.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31242.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CommVault Systems, Inc.</othIndName>
                    <identifiers>
                      <cusip value="204166102"/>
                    </identifiers>
                    <othIndNotAmt>281.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19366.52000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Western Union Co.</othIndName>
                    <identifiers>
                      <cusip value="959802109"/>
                    </identifiers>
                    <othIndNotAmt>1816.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>32397.44000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Atkore, Inc.</othIndName>
                    <identifiers>
                      <cusip value="047649108"/>
                    </identifiers>
                    <othIndNotAmt>193.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>21459.67000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Molson Coors Beverage Co.</othIndName>
                    <identifiers>
                      <cusip value="60871R209"/>
                    </identifiers>
                    <othIndNotAmt>681.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31564.35000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Antero Midstream Corp.</othIndName>
                    <identifiers>
                      <cusip value="03676B102"/>
                    </identifiers>
                    <othIndNotAmt>1944.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>18817.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Portland General Electric Co.</othIndName>
                    <identifiers>
                      <cusip value="736508847"/>
                    </identifiers>
                    <othIndNotAmt>1750.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>92610.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Westlake Chemical Corp.</othIndName>
                    <identifiers>
                      <cusip value="960413102"/>
                    </identifiers>
                    <othIndNotAmt>696.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>67602.48000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Hologic, Inc.</othIndName>
                    <identifiers>
                      <cusip value="436440101"/>
                    </identifiers>
                    <othIndNotAmt>847.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>64846.32000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>National Fuel Gas Co.</othIndName>
                    <identifiers>
                      <cusip value="636180101"/>
                    </identifiers>
                    <othIndNotAmt>1476.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>94375.44000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MGE Energy, Inc.</othIndName>
                    <identifiers>
                      <cusip value="55277P104"/>
                    </identifiers>
                    <othIndNotAmt>1095.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>90063.75000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>TTM Technologies, Inc.</othIndName>
                    <identifiers>
                      <cusip value="87305R109"/>
                    </identifiers>
                    <othIndNotAmt>3700.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>55130.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Dolby Laboratories, Inc.</othIndName>
                    <identifiers>
                      <cusip value="25659T107"/>
                    </identifiers>
                    <othIndNotAmt>476.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>45324.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>United Bankshares, Inc.</othIndName>
                    <identifiers>
                      <cusip value="909907107"/>
                    </identifiers>
                    <othIndNotAmt>1702.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>61748.56000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Incyte Corp.</othIndName>
                    <identifiers>
                      <cusip value="45337C102"/>
                    </identifiers>
                    <othIndNotAmt>588.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>43159.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>AdvanSix, Inc.</othIndName>
                    <identifiers>
                      <cusip value="00773T101"/>
                    </identifiers>
                    <othIndNotAmt>479.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>22632.75000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Mercury General Corp.</othIndName>
                    <identifiers>
                      <cusip value="589400100"/>
                    </identifiers>
                    <othIndNotAmt>1593.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>84524.58000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Chesapeake Utilities Corp.</othIndName>
                    <identifiers>
                      <cusip value="165303108"/>
                    </identifiers>
                    <othIndNotAmt>654.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>95359.74000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>AutoZone, Inc.</othIndName>
                    <identifiers>
                      <cusip value="053332102"/>
                    </identifiers>
                    <othIndNotAmt>45.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>94337.55000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Coherus Biosciences, Inc.</othIndName>
                    <identifiers>
                      <cusip value="19249H103"/>
                    </identifiers>
                    <othIndNotAmt>1170.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>18673.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Methode Electronics, Inc.</othIndName>
                    <identifiers>
                      <cusip value="591520200"/>
                    </identifiers>
                    <othIndNotAmt>637.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31321.29000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Autoliv, Inc.</othIndName>
                    <identifiers>
                      <cusip value="052800109"/>
                    </identifiers>
                    <othIndNotAmt>302.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31229.82000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CMS Energy Corp.</othIndName>
                    <identifiers>
                      <cusip value="125896100"/>
                    </identifiers>
                    <othIndNotAmt>281.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>18279.05000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>IDACORP, Inc.</othIndName>
                    <identifiers>
                      <cusip value="451107106"/>
                    </identifiers>
                    <othIndNotAmt>825.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>93480.75000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Garmin Ltd.</othIndName>
                    <identifiers>
                      <isin value="CH0114405324"/>
                    </identifiers>
                    <othIndNotAmt>684.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>93140.28000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Gentherm, Inc.</othIndName>
                    <identifiers>
                      <cusip value="37253A103"/>
                    </identifiers>
                    <othIndNotAmt>347.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>30154.30000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vector Group Ltd.</othIndName>
                    <identifiers>
                      <cusip value="92240M108"/>
                    </identifiers>
                    <othIndNotAmt>1570.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>18023.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>International Business Machines Corp.</othIndName>
                    <identifiers>
                      <cusip value="459200101"/>
                    </identifiers>
                    <othIndNotAmt>428.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>57206.48000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Lennar Corp.</othIndName>
                    <identifiers>
                      <cusip value="526057104"/>
                    </identifiers>
                    <othIndNotAmt>312.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>36241.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Nucor Corp.</othIndName>
                    <identifiers>
                      <cusip value="670346105"/>
                    </identifiers>
                    <othIndNotAmt>315.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>35957.25000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Progress Software Corp.</othIndName>
                    <identifiers>
                      <cusip value="743312100"/>
                    </identifiers>
                    <othIndNotAmt>684.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>33016.68000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Viavi Solutions, Inc.</othIndName>
                    <identifiers>
                      <cusip value="925550105"/>
                    </identifiers>
                    <othIndNotAmt>5550.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>97791.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>OneMain Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="68268W103"/>
                    </identifiers>
                    <othIndNotAmt>677.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>33877.08000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>LyondellBasell Industries N.V.</othIndName>
                    <identifiers>
                      <isin value="NL0009434992"/>
                    </identifiers>
                    <othIndNotAmt>572.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>52755.56000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Exelixis, Inc.</othIndName>
                    <identifiers>
                      <cusip value="30161Q104"/>
                    </identifiers>
                    <othIndNotAmt>1043.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19066.04000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Juniper Networks, Inc.</othIndName>
                    <identifiers>
                      <cusip value="48203R104"/>
                    </identifiers>
                    <othIndNotAmt>1101.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>39316.71000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Arch Capital Group Ltd.</othIndName>
                    <identifiers>
                      <isin value="BMG0450A1053"/>
                    </identifiers>
                    <othIndNotAmt>1931.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>85832.95000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Piper Sandler Cos.</othIndName>
                    <identifiers>
                      <cusip value="724078100"/>
                    </identifiers>
                    <othIndNotAmt>353.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>63014.03000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Preferred Bank/Los Angeles CA</othIndName>
                    <identifiers>
                      <cusip value="740367404"/>
                    </identifiers>
                    <othIndNotAmt>1330.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>95480.70000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Yelp, Inc.</othIndName>
                    <identifiers>
                      <cusip value="985817105"/>
                    </identifiers>
                    <othIndNotAmt>535.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19388.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Jack in the Box, Inc.</othIndName>
                    <identifiers>
                      <cusip value="466367109"/>
                    </identifiers>
                    <othIndNotAmt>315.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>27556.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Halozyme Therapeutics, Inc.</othIndName>
                    <identifiers>
                      <cusip value="40637H109"/>
                    </identifiers>
                    <othIndNotAmt>516.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>20748.36000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Dick's Sporting Goods, Inc.</othIndName>
                    <identifiers>
                      <cusip value="253393102"/>
                    </identifiers>
                    <othIndNotAmt>301.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>34611.99000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Hilltop Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="432748101"/>
                    </identifiers>
                    <othIndNotAmt>1198.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>42097.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Newmont Corp.</othIndName>
                    <identifiers>
                      <cusip value="651639106"/>
                    </identifiers>
                    <othIndNotAmt>380.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>23567.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>USANA Health Sciences, Inc.</othIndName>
                    <identifiers>
                      <cusip value="90328M107"/>
                    </identifiers>
                    <othIndNotAmt>567.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>57380.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>HP, Inc.</othIndName>
                    <identifiers>
                      <cusip value="40434L105"/>
                    </identifiers>
                    <othIndNotAmt>690.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>25992.30000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Waters Corp.</othIndName>
                    <identifiers>
                      <cusip value="941848103"/>
                    </identifiers>
                    <othIndNotAmt>95.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>35397.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Eagle Materials, Inc.</othIndName>
                    <identifiers>
                      <cusip value="26969P108"/>
                    </identifiers>
                    <othIndNotAmt>231.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>38452.26000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vontier Corp.</othIndName>
                    <identifiers>
                      <cusip value="928881101"/>
                    </identifiers>
                    <othIndNotAmt>1839.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>56512.47000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Xperi Holding Corp.</othIndName>
                    <identifiers>
                      <cusip value="98390M103"/>
                    </identifiers>
                    <othIndNotAmt>1750.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>33092.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Oxford Industries, Inc.</othIndName>
                    <identifiers>
                      <cusip value="691497309"/>
                    </identifiers>
                    <othIndNotAmt>228.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>23146.56000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Crane Co.</othIndName>
                    <identifiers>
                      <cusip value="224399105"/>
                    </identifiers>
                    <othIndNotAmt>436.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>44354.28000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Acushnet Holdings Corp.</othIndName>
                    <identifiers>
                      <cusip value="005098108"/>
                    </identifiers>
                    <othIndNotAmt>966.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>51275.28000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vanda Pharmaceuticals, Inc.</othIndName>
                    <identifiers>
                      <cusip value="921659108"/>
                    </identifiers>
                    <othIndNotAmt>2556.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>40103.64000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Polaris, Inc.</othIndName>
                    <identifiers>
                      <cusip value="731068102"/>
                    </identifiers>
                    <othIndNotAmt>285.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31324.35000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Perdoceo Education Corp.</othIndName>
                    <identifiers>
                      <cusip value="71363P106"/>
                    </identifiers>
                    <othIndNotAmt>4774.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>56142.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Albany International Corp.</othIndName>
                    <identifiers>
                      <cusip value="012348108"/>
                    </identifiers>
                    <othIndNotAmt>302.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>26711.90000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Worthington Industries, Inc.</othIndName>
                    <identifiers>
                      <cusip value="981811102"/>
                    </identifiers>
                    <othIndNotAmt>626.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>34217.16000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Texas Instruments, Inc.</othIndName>
                    <identifiers>
                      <cusip value="882508104"/>
                    </identifiers>
                    <othIndNotAmt>141.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>26574.27000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Eagle Pharmaceuticals, Inc.</othIndName>
                    <identifiers>
                      <cusip value="269796108"/>
                    </identifiers>
                    <othIndNotAmt>970.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>49392.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Enstar Group Ltd.</othIndName>
                    <identifiers>
                      <isin value="BMG3075P1014"/>
                    </identifiers>
                    <othIndNotAmt>361.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>89379.99000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Evercore, Inc.</othIndName>
                    <identifiers>
                      <cusip value="29977A105"/>
                    </identifiers>
                    <othIndNotAmt>520.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>70642.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Rambus, Inc.</othIndName>
                    <identifiers>
                      <cusip value="750917106"/>
                    </identifiers>
                    <othIndNotAmt>2056.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>60425.84000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Prestige Consumer Healthcare, Inc.</othIndName>
                    <identifiers>
                      <cusip value="74112D101"/>
                    </identifiers>
                    <othIndNotAmt>770.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>46700.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Gentex Corp.</othIndName>
                    <identifiers>
                      <cusip value="371901109"/>
                    </identifiers>
                    <othIndNotAmt>2700.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>94095.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ethan Allen Interiors, Inc.</othIndName>
                    <identifiers>
                      <cusip value="297602104"/>
                    </identifiers>
                    <othIndNotAmt>1690.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>44430.10000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>WEC Energy Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="92939U106"/>
                    </identifiers>
                    <othIndNotAmt>935.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>90760.45000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Douglas Elliman, Inc.</othIndName>
                    <identifiers>
                      <cusip value="25961D105"/>
                    </identifiers>
                    <othIndNotAmt>785.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>9027.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>O'Reilly Automotive, Inc.</othIndName>
                    <identifiers>
                      <cusip value="67103H107"/>
                    </identifiers>
                    <othIndNotAmt>132.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>93222.36000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Fulton Financial Corp.</othIndName>
                    <identifiers>
                      <cusip value="360271100"/>
                    </identifiers>
                    <othIndNotAmt>1568.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>26656.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cummins, Inc.</othIndName>
                    <identifiers>
                      <cusip value="231021106"/>
                    </identifiers>
                    <othIndNotAmt>360.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>78530.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Pfizer, Inc.</othIndName>
                    <identifiers>
                      <cusip value="717081103"/>
                    </identifiers>
                    <othIndNotAmt>503.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>29702.15000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sanmina Corp.</othIndName>
                    <identifiers>
                      <cusip value="801056102"/>
                    </identifiers>
                    <othIndNotAmt>1741.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>72181.86000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>PerkinElmer, Inc.</othIndName>
                    <identifiers>
                      <cusip value="714046109"/>
                    </identifiers>
                    <othIndNotAmt>107.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>21513.42000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cisco Systems, Inc.</othIndName>
                    <identifiers>
                      <cusip value="17275R102"/>
                    </identifiers>
                    <othIndNotAmt>1524.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>96575.88000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Toro Co.</othIndName>
                    <identifiers>
                      <cusip value="891092108"/>
                    </identifiers>
                    <othIndNotAmt>866.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>86522.06000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Haverty Furniture Companies, Inc.</othIndName>
                    <identifiers>
                      <cusip value="419596101"/>
                    </identifiers>
                    <othIndNotAmt>573.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>17516.61000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>United Therapeutics Corp.</othIndName>
                    <identifiers>
                      <cusip value="91307C102"/>
                    </identifiers>
                    <othIndNotAmt>181.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>39110.48000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Equitrans Midstream Corp.</othIndName>
                    <identifiers>
                      <cusip value="294600101"/>
                    </identifiers>
                    <othIndNotAmt>1850.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19129.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Affiliated Managers Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="008252108"/>
                    </identifiers>
                    <othIndNotAmt>133.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>21879.83000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cirrus Logic, Inc.</othIndName>
                    <identifiers>
                      <cusip value="172755100"/>
                    </identifiers>
                    <othIndNotAmt>362.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>33311.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Dow, Inc.</othIndName>
                    <identifiers>
                      <cusip value="260557103"/>
                    </identifiers>
                    <othIndNotAmt>660.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>37435.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>HomeStreet, Inc.</othIndName>
                    <identifiers>
                      <cusip value="43785V102"/>
                    </identifiers>
                    <othIndNotAmt>1042.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>54184.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Lumentum Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="55024U109"/>
                    </identifiers>
                    <othIndNotAmt>212.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>22423.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Intel Corp.</othIndName>
                    <identifiers>
                      <cusip value="458140100"/>
                    </identifiers>
                    <othIndNotAmt>608.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31312.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Buckle, Inc.</othIndName>
                    <identifiers>
                      <cusip value="118440106"/>
                    </identifiers>
                    <othIndNotAmt>1058.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>44763.98000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Stewart Information Services Corp.</othIndName>
                    <identifiers>
                      <cusip value="860372101"/>
                    </identifiers>
                    <othIndNotAmt>1132.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>90254.36000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ExlService Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="302081104"/>
                    </identifiers>
                    <othIndNotAmt>182.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>26348.14000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Microsoft Corp.</othIndName>
                    <identifiers>
                      <cusip value="594918104"/>
                    </identifiers>
                    <othIndNotAmt>91.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>30605.12000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>AutoNation, Inc.</othIndName>
                    <identifiers>
                      <cusip value="05329W102"/>
                    </identifiers>
                    <othIndNotAmt>311.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>36340.35000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Amgen, Inc.</othIndName>
                    <identifiers>
                      <cusip value="031162100"/>
                    </identifiers>
                    <othIndNotAmt>413.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>92912.61000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Insteel Industries, Inc.</othIndName>
                    <identifiers>
                      <cusip value="45774W108"/>
                    </identifiers>
                    <othIndNotAmt>542.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>21577.02000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Kinder Morgan, Inc.</othIndName>
                    <identifiers>
                      <cusip value="49456B101"/>
                    </identifiers>
                    <othIndNotAmt>1159.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>18381.74000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>T-Mobile US, Inc.</othIndName>
                    <identifiers>
                      <cusip value="872590104"/>
                    </identifiers>
                    <othIndNotAmt>160.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>18556.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Regeneron Pharmaceuticals, Inc.</othIndName>
                    <identifiers>
                      <cusip value="75886F107"/>
                    </identifiers>
                    <othIndNotAmt>96.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>60625.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Brunswick Corp.</othIndName>
                    <identifiers>
                      <cusip value="117043109"/>
                    </identifiers>
                    <othIndNotAmt>485.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>48854.05000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Laboratory Corporation of America Holdings</othIndName>
                    <identifiers>
                      <cusip value="50540R409"/>
                    </identifiers>
                    <othIndNotAmt>102.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>32049.42000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>First American Financial Corp.</othIndName>
                    <identifiers>
                      <cusip value="31847R102"/>
                    </identifiers>
                    <othIndNotAmt>623.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>48737.29000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Verizon Communications, Inc.</othIndName>
                    <identifiers>
                      <cusip value="92343V104"/>
                    </identifiers>
                    <othIndNotAmt>1394.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>72432.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Tri Pointe Homes, Inc.</othIndName>
                    <identifiers>
                      <cusip value="87265H109"/>
                    </identifiers>
                    <othIndNotAmt>1096.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>30567.44000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CSG Systems International, Inc.</othIndName>
                    <identifiers>
                      <cusip value="126349109"/>
                    </identifiers>
                    <othIndNotAmt>1630.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>93920.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Whirlpool Corp.</othIndName>
                    <identifiers>
                      <cusip value="963320106"/>
                    </identifiers>
                    <othIndNotAmt>262.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>61480.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>F5, Inc.</othIndName>
                    <identifiers>
                      <cusip value="315616102"/>
                    </identifiers>
                    <othIndNotAmt>78.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19087.38000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>UGI Corp.</othIndName>
                    <identifiers>
                      <cusip value="902681105"/>
                    </identifiers>
                    <othIndNotAmt>2046.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>93931.86000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Omnicom Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="681919106"/>
                    </identifiers>
                    <othIndNotAmt>1119.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>81989.13000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cogent Communications Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="19239V302"/>
                    </identifiers>
                    <othIndNotAmt>425.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31101.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Zumiez, Inc.</othIndName>
                    <identifiers>
                      <cusip value="989817101"/>
                    </identifiers>
                    <othIndNotAmt>791.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>37960.09000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Tapestry, Inc.</othIndName>
                    <identifiers>
                      <cusip value="876030107"/>
                    </identifiers>
                    <othIndNotAmt>730.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>29638.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Telephone &amp; Data Systems, Inc.</othIndName>
                    <identifiers>
                      <cusip value="879433829"/>
                    </identifiers>
                    <othIndNotAmt>1513.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>30486.95000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Encore Wire Corp.</othIndName>
                    <identifiers>
                      <cusip value="292562105"/>
                    </identifiers>
                    <othIndNotAmt>489.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>69975.90000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MDU Resources Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="552690109"/>
                    </identifiers>
                    <othIndNotAmt>1631.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>50300.04000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>EVERTEC, Inc.</othIndName>
                    <identifiers>
                      <cusip value="30040P103"/>
                    </identifiers>
                    <othIndNotAmt>939.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>46931.22000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Steel Dynamics, Inc.</othIndName>
                    <identifiers>
                      <cusip value="858119100"/>
                    </identifiers>
                    <othIndNotAmt>523.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>32462.61000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Shenandoah Telecommunications Co.</othIndName>
                    <identifiers>
                      <cusip value="82312B106"/>
                    </identifiers>
                    <othIndNotAmt>1151.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>29350.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MarineMax, Inc.</othIndName>
                    <identifiers>
                      <cusip value="567908108"/>
                    </identifiers>
                    <othIndNotAmt>396.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>23379.84000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Foot Locker, Inc.</othIndName>
                    <identifiers>
                      <cusip value="344849104"/>
                    </identifiers>
                    <othIndNotAmt>570.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>24869.10000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Amphastar Pharmaceuticals, Inc.</othIndName>
                    <identifiers>
                      <cusip value="03209R103"/>
                    </identifiers>
                    <othIndNotAmt>1785.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>41572.65000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Hillenbrand, Inc.</othIndName>
                    <identifiers>
                      <cusip value="431571108"/>
                    </identifiers>
                    <othIndNotAmt>1115.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>57968.85000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Vishay Intertechnology, Inc.</othIndName>
                    <identifiers>
                      <cusip value="928298108"/>
                    </identifiers>
                    <othIndNotAmt>2902.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>63466.74000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Markel Corp.</othIndName>
                    <identifiers>
                      <cusip value="570535104"/>
                    </identifiers>
                    <othIndNotAmt>23.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>28382.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Textron, Inc.</othIndName>
                    <identifiers>
                      <cusip value="883203101"/>
                    </identifiers>
                    <othIndNotAmt>405.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31266.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sturm Ruger &amp; Company, Inc.</othIndName>
                    <identifiers>
                      <cusip value="864159108"/>
                    </identifiers>
                    <othIndNotAmt>862.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>58633.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Merck &amp; Company, Inc.</othIndName>
                    <identifiers>
                      <cusip value="58933Y105"/>
                    </identifiers>
                    <othIndNotAmt>471.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>36097.44000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NetApp, Inc.</othIndName>
                    <identifiers>
                      <cusip value="64110D104"/>
                    </identifiers>
                    <othIndNotAmt>537.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>49398.63000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Janus Henderson Group plc</othIndName>
                    <identifiers>
                      <isin value="JE00BYPZJM29"/>
                    </identifiers>
                    <othIndNotAmt>756.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>31706.64000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Meta Financial Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="59100U108"/>
                    </identifiers>
                    <othIndNotAmt>701.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>41821.66000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Snap-on, Inc.</othIndName>
                    <identifiers>
                      <cusip value="833034101"/>
                    </identifiers>
                    <othIndNotAmt>374.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>80552.12000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Quest Diagnostics, Inc.</othIndName>
                    <identifiers>
                      <cusip value="74834L100"/>
                    </identifiers>
                    <othIndNotAmt>449.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>77681.49000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>PPL Corp.</othIndName>
                    <identifiers>
                      <cusip value="69351T106"/>
                    </identifiers>
                    <othIndNotAmt>3119.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>93757.14000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Radian Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="750236101"/>
                    </identifiers>
                    <othIndNotAmt>2751.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>58128.63000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Owens Corning</othIndName>
                    <identifiers>
                      <cusip value="690742101"/>
                    </identifiers>
                    <othIndNotAmt>446.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>40363.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Gilead Sciences, Inc.</othIndName>
                    <identifiers>
                      <cusip value="375558103"/>
                    </identifiers>
                    <othIndNotAmt>1271.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>92287.31000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Donaldson Company, Inc.</othIndName>
                    <identifiers>
                      <cusip value="257651109"/>
                    </identifiers>
                    <othIndNotAmt>863.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>51141.38000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Everest Re Group Ltd.</othIndName>
                    <identifiers>
                      <isin value="BMG3223R1088"/>
                    </identifiers>
                    <othIndNotAmt>180.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>49305.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Knowles Corp.</othIndName>
                    <identifiers>
                      <cusip value="49926D109"/>
                    </identifiers>
                    <othIndNotAmt>4172.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>97416.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NVR, Inc.</othIndName>
                    <identifiers>
                      <cusip value="62944T105"/>
                    </identifiers>
                    <othIndNotAmt>12.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>70906.44000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Old Republic International Corp.</othIndName>
                    <identifiers>
                      <cusip value="680223104"/>
                    </identifiers>
                    <othIndNotAmt>3423.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>84137.34000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Interactive Brokers Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="45841N107"/>
                    </identifiers>
                    <othIndNotAmt>643.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>51067.06000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Synchrony Financial</othIndName>
                    <identifiers>
                      <cusip value="87165B103"/>
                    </identifiers>
                    <othIndNotAmt>545.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>25282.55000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Louisiana-Pacific Corp.</othIndName>
                    <identifiers>
                      <cusip value="546347105"/>
                    </identifiers>
                    <othIndNotAmt>459.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>35962.65000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Hibbett, Inc.</othIndName>
                    <identifiers>
                      <cusip value="428567101"/>
                    </identifiers>
                    <othIndNotAmt>305.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>21938.65000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Boise Cascade Co.</othIndName>
                    <identifiers>
                      <cusip value="09739D100"/>
                    </identifiers>
                    <othIndNotAmt>577.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>41082.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>BankUnited, Inc.</othIndName>
                    <identifiers>
                      <cusip value="06652K103"/>
                    </identifiers>
                    <othIndNotAmt>1212.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>51279.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Packaging Corporation of America</othIndName>
                    <identifiers>
                      <cusip value="695156109"/>
                    </identifiers>
                    <othIndNotAmt>433.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>58952.95000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Bristol-Myers Squibb Co.</othIndName>
                    <identifiers>
                      <cusip value="110122108"/>
                    </identifiers>
                    <othIndNotAmt>1479.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>92215.65000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Shoe Carnival, Inc.</othIndName>
                    <identifiers>
                      <cusip value="824889109"/>
                    </identifiers>
                    <othIndNotAmt>489.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>19110.12000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Johnson &amp; Johnson</othIndName>
                    <identifiers>
                      <cusip value="478160104"/>
                    </identifiers>
                    <othIndNotAmt>531.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>90838.17000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>AbbVie, Inc.</othIndName>
                    <identifiers>
                      <cusip value="00287Y109"/>
                    </identifiers>
                    <othIndNotAmt>467.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>63231.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                </components>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">GS Long/Short Equity Custom Basket - Tenor At Maturity</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 Index" floatingRtSpread="0.45000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Year" rateTenorUnit="5" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2024-05-06</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>9009747.78000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>902052.76000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>OMX Nordic Exchange Stockholm</name>
        <lei>N/A</lei>
        <title>OMX Stockholm 30 Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="QCF2"/>
        </identifiers>
        <balance>8.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="SEK" exchangeRt="9.04386000"/>
        <valUSD>4974.32000000</valUSD>
        <pctVal>0.007049476843</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>SE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>OMX Stockholm 30 Index</indexName>
                <indexIdentifier>SE0000337842</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-01-21</expDate>
            <notionalAmt>207823.10000000</notionalAmt>
            <curCd>SEK</curCd>
            <unrealizedAppr>4974.32000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Eurex</name>
        <lei>N/A</lei>
        <title>Euro - 30 year Bond Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="UBH2"/>
        </identifiers>
        <balance>3.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87840000"/>
        <valUSD>-1491.78000000</valUSD>
        <pctVal>-0.00211411179</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DIR</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>DE</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Euro 30yr 4% Bond</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Interest Rate Future" value="Euro 30yr 4% Bond"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-08</expDate>
            <notionalAmt>704941.40000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>-1491.78000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Swiss Helvetia Fund Inc/The</name>
        <lei>549300HQZ0XPGTS5Q724</lei>
        <title>Swiss Helvetia Fund, Inc.</title>
        <cusip>870875101</cusip>
        <identifiers>
          <isin value="US8708751016"/>
        </identifiers>
        <balance>5667.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>56329.98000000</valUSD>
        <pctVal>0.079829381629</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Citizens Financial Group Inc</name>
        <lei>2138004JDDA4ZQUPFW65</lei>
        <title>Citizens Financial Group, Inc.</title>
        <cusip>174610105</cusip>
        <identifiers>
          <isin value="US1746101054"/>
        </identifiers>
        <balance>-9270.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-438007.50000000</valUSD>
        <pctVal>-0.62073282955</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>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>Morgan Stanley Capital Services LLC</name>
        <lei>I7331LVCZKQKX5T7XV54</lei>
        <title>MS Long/Short Equity Custom Basket</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="MHSwapS"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-24704.36000000</valUSD>
        <pctVal>-0.03501037604</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Morgan Stanley Capital Services LLC</counterpartyName>
              <counterpartyLei>I7331LVCZKQKX5T7XV54</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MS Long/Short Equity Short Custom Basket</indexName>
                <indexIdentifier>N/A</indexIdentifier>
                <components>
                  <component>
                    <othIndName>Copart, Inc.</othIndName>
                    <identifiers>
                      <cusip value="217204106"/>
                    </identifiers>
                    <othIndNotAmt>-310.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-47002.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Twilio, Inc.</othIndName>
                    <identifiers>
                      <cusip value="90138F102"/>
                    </identifiers>
                    <othIndNotAmt>-93.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-24490.62000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Halliburton Co.</othIndName>
                    <identifiers>
                      <cusip value="406216101"/>
                    </identifiers>
                    <othIndNotAmt>-3347.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-76545.89000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Outfront Media, Inc.</othIndName>
                    <identifiers>
                      <cusip value="69007J106"/>
                    </identifiers>
                    <othIndNotAmt>-2208.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-59218.56000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Spirit Airlines, Inc.</othIndName>
                    <identifiers>
                      <cusip value="848577102"/>
                    </identifiers>
                    <othIndNotAmt>-1580.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-34523.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Wells Fargo &amp; Co.</othIndName>
                    <identifiers>
                      <cusip value="949746101"/>
                    </identifiers>
                    <othIndNotAmt>-1308.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-62757.84000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>General Electric Co.</othIndName>
                    <identifiers>
                      <cusip value="369604301"/>
                    </identifiers>
                    <othIndNotAmt>-0.75000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-70.85000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Opendoor Technologies, Inc.</othIndName>
                    <identifiers>
                      <cusip value="683712103"/>
                    </identifiers>
                    <othIndNotAmt>-1589.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-23215.29000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Smartsheet, Inc.</othIndName>
                    <identifiers>
                      <cusip value="83200N103"/>
                    </identifiers>
                    <othIndNotAmt>-173.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-13398.85000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Host Hotels &amp; Resorts, Inc.</othIndName>
                    <identifiers>
                      <cusip value="44107P104"/>
                    </identifiers>
                    <othIndNotAmt>-4756.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-82706.84000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Republic Services, Inc.</othIndName>
                    <identifiers>
                      <cusip value="760759100"/>
                    </identifiers>
                    <othIndNotAmt>-490.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-68330.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Avalara, Inc.</othIndName>
                    <identifiers>
                      <cusip value="05338G106"/>
                    </identifiers>
                    <othIndNotAmt>-93.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-12007.23000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Bank of New York Mellon Corp.</othIndName>
                    <identifiers>
                      <cusip value="064058100"/>
                    </identifiers>
                    <othIndNotAmt>-986.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-57266.88000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Americold Realty Trust</othIndName>
                    <identifiers>
                      <cusip value="03064D108"/>
                    </identifiers>
                    <othIndNotAmt>-1356.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-44463.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>US Ecology, Inc.</othIndName>
                    <identifiers>
                      <cusip value="91734M103"/>
                    </identifiers>
                    <othIndNotAmt>-1401.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-44747.94000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Denbury, Inc.</othIndName>
                    <identifiers>
                      <cusip value="24790A101"/>
                    </identifiers>
                    <othIndNotAmt>-346.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-26500.14000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Howard Hughes Corp.</othIndName>
                    <identifiers>
                      <cusip value="44267D107"/>
                    </identifiers>
                    <othIndNotAmt>-679.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-69108.62000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>RLJ Lodging Trust</othIndName>
                    <identifiers>
                      <cusip value="74965L101"/>
                    </identifiers>
                    <othIndNotAmt>-5158.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-71850.94000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Teladoc Health, Inc.</othIndName>
                    <identifiers>
                      <cusip value="87918A105"/>
                    </identifiers>
                    <othIndNotAmt>-397.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-36452.54000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Zscaler, Inc.</othIndName>
                    <identifiers>
                      <cusip value="98980G102"/>
                    </identifiers>
                    <othIndNotAmt>-42.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-13495.86000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Pioneer Natural Resources Co.</othIndName>
                    <identifiers>
                      <cusip value="723787107"/>
                    </identifiers>
                    <othIndNotAmt>-315.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-57292.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Madison Square Garden Sports Corp.</othIndName>
                    <identifiers>
                      <cusip value="55825T103"/>
                    </identifiers>
                    <othIndNotAmt>-446.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-77483.58000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>KBR, Inc.</othIndName>
                    <identifiers>
                      <cusip value="48242W106"/>
                    </identifiers>
                    <othIndNotAmt>-1756.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-83620.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sysco Corp.</othIndName>
                    <identifiers>
                      <cusip value="871829107"/>
                    </identifiers>
                    <othIndNotAmt>-627.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-49250.85000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Northern Trust Corp.</othIndName>
                    <identifiers>
                      <cusip value="665859104"/>
                    </identifiers>
                    <othIndNotAmt>-329.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-39351.69000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Park Hotels &amp; Resorts, Inc.</othIndName>
                    <identifiers>
                      <cusip value="700517105"/>
                    </identifiers>
                    <othIndNotAmt>-4179.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-78899.52000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>TransDigm Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="893641100"/>
                    </identifiers>
                    <othIndNotAmt>-43.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-27360.04000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>TransUnion</othIndName>
                    <identifiers>
                      <cusip value="89400J107"/>
                    </identifiers>
                    <othIndNotAmt>-296.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-35099.68000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>IAA, Inc.</othIndName>
                    <identifiers>
                      <cusip value="449253103"/>
                    </identifiers>
                    <othIndNotAmt>-914.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-46266.68000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Casella Waste Systems, Inc.</othIndName>
                    <identifiers>
                      <cusip value="147448104"/>
                    </identifiers>
                    <othIndNotAmt>-843.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-72009.06000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Frontier Group Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="35909R108"/>
                    </identifiers>
                    <othIndNotAmt>-1785.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-24222.45000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Comerica, Inc.</othIndName>
                    <identifiers>
                      <cusip value="200340107"/>
                    </identifiers>
                    <othIndNotAmt>-1056.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-91872.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Snowflake, Inc.</othIndName>
                    <identifiers>
                      <cusip value="833445109"/>
                    </identifiers>
                    <othIndNotAmt>-82.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-27777.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Safehold, Inc.</othIndName>
                    <identifiers>
                      <cusip value="78645L100"/>
                    </identifiers>
                    <othIndNotAmt>-941.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-75138.85000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Lincoln National Corp.</othIndName>
                    <identifiers>
                      <cusip value="534187109"/>
                    </identifiers>
                    <othIndNotAmt>-720.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-49147.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Jacobs Engineering Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="469814107"/>
                    </identifiers>
                    <othIndNotAmt>-666.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-92727.18000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Edison International</othIndName>
                    <identifiers>
                      <cusip value="281020107"/>
                    </identifiers>
                    <othIndNotAmt>-1354.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-92410.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Welltower, Inc.</othIndName>
                    <identifiers>
                      <cusip value="95040Q104"/>
                    </identifiers>
                    <othIndNotAmt>-805.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-69044.85000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ONE Gas, Inc.</othIndName>
                    <identifiers>
                      <cusip value="68235P108"/>
                    </identifiers>
                    <othIndNotAmt>-1223.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-94892.57000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Kennedy-Wilson Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="489398107"/>
                    </identifiers>
                    <othIndNotAmt>-3733.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-89144.04000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sun Communities, Inc.</othIndName>
                    <identifiers>
                      <cusip value="866674104"/>
                    </identifiers>
                    <othIndNotAmt>-176.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-36954.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Equitable Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="29452E101"/>
                    </identifiers>
                    <othIndNotAmt>-2036.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-66760.44000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Okta, Inc.</othIndName>
                    <identifiers>
                      <cusip value="679295105"/>
                    </identifiers>
                    <othIndNotAmt>-159.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-35643.03000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Stericycle, Inc.</othIndName>
                    <identifiers>
                      <cusip value="858912108"/>
                    </identifiers>
                    <othIndNotAmt>-1067.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-63635.88000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Lyft, Inc.</othIndName>
                    <identifiers>
                      <cusip value="55087P104"/>
                    </identifiers>
                    <othIndNotAmt>-1383.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-59095.59000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Livent Corp.</othIndName>
                    <identifiers>
                      <cusip value="53814L108"/>
                    </identifiers>
                    <othIndNotAmt>-0.90160000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-21.98000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Las Vegas Sands Corp.</othIndName>
                    <identifiers>
                      <cusip value="517834107"/>
                    </identifiers>
                    <othIndNotAmt>-533.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-20062.12000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Carnival Corp.</othIndName>
                    <identifiers>
                      <cusip value="143658300"/>
                    </identifiers>
                    <othIndNotAmt>-2022.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-40682.64000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Guardant Health, Inc.</othIndName>
                    <identifiers>
                      <cusip value="40131M109"/>
                    </identifiers>
                    <othIndNotAmt>-375.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-37507.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Western Alliance Bancorporation</othIndName>
                    <identifiers>
                      <cusip value="957638109"/>
                    </identifiers>
                    <othIndNotAmt>-685.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-73740.25000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Clarivate plc</othIndName>
                    <identifiers>
                      <isin value="JE00BJJN4441"/>
                    </identifiers>
                    <othIndNotAmt>-962.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-22626.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Leidos Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="525327102"/>
                    </identifiers>
                    <othIndNotAmt>-284.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-25247.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Tetra Tech, Inc.</othIndName>
                    <identifiers>
                      <cusip value="88162G103"/>
                    </identifiers>
                    <othIndNotAmt>-312.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-52977.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Dun &amp; Bradstreet Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="26484T106"/>
                    </identifiers>
                    <othIndNotAmt>-2301.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-47147.49000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>DiamondRock Hospitality Co.</othIndName>
                    <identifiers>
                      <cusip value="252784301"/>
                    </identifiers>
                    <othIndNotAmt>-4576.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-43975.36000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Wynn Resorts Ltd.</othIndName>
                    <identifiers>
                      <cusip value="983134107"/>
                    </identifiers>
                    <othIndNotAmt>-226.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-19219.04000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>United Airlines Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="910047109"/>
                    </identifiers>
                    <othIndNotAmt>-1991.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-87165.98000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Viad Corp.</othIndName>
                    <identifiers>
                      <cusip value="92552R406"/>
                    </identifiers>
                    <othIndNotAmt>-848.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-36285.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CoStar Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="22160N109"/>
                    </identifiers>
                    <othIndNotAmt>-791.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-62512.73000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Signature Bank</othIndName>
                    <identifiers>
                      <cusip value="82669G104"/>
                    </identifiers>
                    <othIndNotAmt>-147.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-47550.09000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Boeing Co.</othIndName>
                    <identifiers>
                      <cusip value="097023105"/>
                    </identifiers>
                    <othIndNotAmt>-380.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-76501.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Schlumberger N.V.</othIndName>
                    <identifiers>
                      <cusip value="806857108"/>
                    </identifiers>
                    <othIndNotAmt>-2180.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-65291.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Zillow Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="98954M200"/>
                    </identifiers>
                    <othIndNotAmt>-373.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-23816.05000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ceridian HCM Holding, Inc.</othIndName>
                    <identifiers>
                      <cusip value="15677J108"/>
                    </identifiers>
                    <othIndNotAmt>-303.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-31651.38000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Allscripts Healthcare Solutions, Inc.</othIndName>
                    <identifiers>
                      <cusip value="01988P108"/>
                    </identifiers>
                    <othIndNotAmt>-1444.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-26641.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Freshpet, Inc.</othIndName>
                    <identifiers>
                      <cusip value="358039105"/>
                    </identifiers>
                    <othIndNotAmt>-250.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-23817.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Tesla, Inc.</othIndName>
                    <identifiers>
                      <cusip value="88160R101"/>
                    </identifiers>
                    <othIndNotAmt>-24.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-25362.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Apartment Income REIT Corp.</othIndName>
                    <identifiers>
                      <cusip value="03750L109"/>
                    </identifiers>
                    <othIndNotAmt>-1621.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-88620.07000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sunstone Hotel Investors, Inc.</othIndName>
                    <identifiers>
                      <cusip value="867892101"/>
                    </identifiers>
                    <othIndNotAmt>-5316.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-62356.68000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Pebblebrook Hotel Trust</othIndName>
                    <identifiers>
                      <cusip value="70509V100"/>
                    </identifiers>
                    <othIndNotAmt>-2934.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-65633.58000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ryman Hospitality Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="78377T107"/>
                    </identifiers>
                    <othIndNotAmt>-780.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-71728.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Delta Air Lines, Inc.</othIndName>
                    <identifiers>
                      <cusip value="247361702"/>
                    </identifiers>
                    <othIndNotAmt>-2227.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-87031.16000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Verisk Analytics, Inc.</othIndName>
                    <identifiers>
                      <cusip value="92345Y106"/>
                    </identifiers>
                    <othIndNotAmt>-196.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-44831.08000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>State Street Corp.</othIndName>
                    <identifiers>
                      <cusip value="857477103"/>
                    </identifiers>
                    <othIndNotAmt>-912.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-84816.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Hess Corp.</othIndName>
                    <identifiers>
                      <cusip value="42809H107"/>
                    </identifiers>
                    <othIndNotAmt>-525.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-38865.75000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Driven Brands Holdings, Inc.</othIndName>
                    <identifiers>
                      <cusip value="26210V102"/>
                    </identifiers>
                    <othIndNotAmt>-2217.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-74535.54000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Range Resources Corp.</othIndName>
                    <identifiers>
                      <cusip value="75281A109"/>
                    </identifiers>
                    <othIndNotAmt>-1182.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-21075.06000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Royal Caribbean Cruises Ltd.</othIndName>
                    <identifiers>
                      <isin value="LR0008862868"/>
                    </identifiers>
                    <othIndNotAmt>-508.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-39065.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Waste Management, Inc.</othIndName>
                    <identifiers>
                      <cusip value="94106L109"/>
                    </identifiers>
                    <othIndNotAmt>-355.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-59249.50000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Uber Technologies, Inc.</othIndName>
                    <identifiers>
                      <cusip value="90353T100"/>
                    </identifiers>
                    <othIndNotAmt>-1426.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-59792.18000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Patterson-UTI Energy, Inc.</othIndName>
                    <identifiers>
                      <cusip value="703481101"/>
                    </identifiers>
                    <othIndNotAmt>-4062.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-34323.90000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Steven Madden Ltd.</othIndName>
                    <identifiers>
                      <cusip value="556269108"/>
                    </identifiers>
                    <othIndNotAmt>-0.50000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-23.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>US Foods Holding Corp.</othIndName>
                    <identifiers>
                      <cusip value="912008109"/>
                    </identifiers>
                    <othIndNotAmt>-772.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-26888.76000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Equinix, Inc.</othIndName>
                    <identifiers>
                      <cusip value="29444U700"/>
                    </identifiers>
                    <othIndNotAmt>-83.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-70204.72000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>American Airlines Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="02376R102"/>
                    </identifiers>
                    <othIndNotAmt>-4556.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-81825.76000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Coupa Software, Inc.</othIndName>
                    <identifiers>
                      <cusip value="22266L106"/>
                    </identifiers>
                    <othIndNotAmt>-152.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-24023.60000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CenterPoint Energy, Inc.</othIndName>
                    <identifiers>
                      <cusip value="15189T107"/>
                    </identifiers>
                    <othIndNotAmt>-2903.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-81022.73000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Brink's Co.</othIndName>
                    <identifiers>
                      <cusip value="109696104"/>
                    </identifiers>
                    <othIndNotAmt>-289.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-18949.73000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Airbnb, Inc.</othIndName>
                    <identifiers>
                      <cusip value="009066101"/>
                    </identifiers>
                    <othIndNotAmt>-148.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-24640.52000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Rollins, Inc.</othIndName>
                    <identifiers>
                      <cusip value="775711104"/>
                    </identifiers>
                    <othIndNotAmt>-1329.75000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-45490.75000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Cintas Corp.</othIndName>
                    <identifiers>
                      <cusip value="172908105"/>
                    </identifiers>
                    <othIndNotAmt>-176.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-77997.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Equifax, Inc.</othIndName>
                    <identifiers>
                      <cusip value="294429105"/>
                    </identifiers>
                    <othIndNotAmt>-134.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-39233.86000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Plug Power, Inc.</othIndName>
                    <identifiers>
                      <cusip value="72919P202"/>
                    </identifiers>
                    <othIndNotAmt>-414.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-11687.22000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Xenia Hotels &amp; Resorts, Inc.</othIndName>
                    <identifiers>
                      <cusip value="984017103"/>
                    </identifiers>
                    <othIndNotAmt>-2410.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-43645.10000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>ASGN, Inc.</othIndName>
                    <identifiers>
                      <cusip value="00191U102"/>
                    </identifiers>
                    <othIndNotAmt>-330.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-40722.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Howmet Aerospace, Inc.</othIndName>
                    <identifiers>
                      <cusip value="443201108"/>
                    </identifiers>
                    <othIndNotAmt>-1449.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-46121.67000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>NOV, Inc.</othIndName>
                    <identifiers>
                      <cusip value="62955J103"/>
                    </identifiers>
                    <othIndNotAmt>-2222.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-30108.10000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Marathon Petroleum Corp.</othIndName>
                    <identifiers>
                      <cusip value="56585A102"/>
                    </identifiers>
                    <othIndNotAmt>-567.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-36282.33000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Atmos Energy Corp.</othIndName>
                    <identifiers>
                      <cusip value="049560105"/>
                    </identifiers>
                    <othIndNotAmt>-916.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>-95969.32000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                </components>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <floatingRecDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 Index" floatingRtSpread="-0.30000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Year" rateTenorUnit="5" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingRecDesc>
            <otherPmntDesc fixedOrFloating="Other">MS Long/Short Equity Custom Basket - Tenor At Maturity</otherPmntDesc>
            <terminationDt>2023-08-31</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>-4919821.07000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-24704.36000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Cboe Futures Exchange</name>
        <lei>N/A</lei>
        <title>CBOE Volatility Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="UXG2"/>
        </identifiers>
        <balance>60.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-10195.25000000</valUSD>
        <pctVal>-0.01444844296</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Chicago Board Options Exchange SPX Volatility Index</indexName>
                <indexIdentifier>US12497K1007</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-02-16</expDate>
            <notionalAmt>1327195.25000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-10195.25000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Gabelli Global Small and Mid C</name>
        <lei>54930027RS7HE8UD3187</lei>
        <title>Gabelli Global Small and Mid Capital Value Trust</title>
        <cusip>36249W104</cusip>
        <identifiers>
          <isin value="US36249W1045"/>
        </identifiers>
        <balance>2095.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>33310.50000000</valUSD>
        <pctVal>0.047206773671</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Euronext Derivatives Paris</name>
        <lei>N/A</lei>
        <title>CAC 40 10 Euro Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CFF2"/>
        </identifiers>
        <balance>2.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87840000"/>
        <valUSD>3023.45000000</valUSD>
        <pctVal>0.004284754652</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>FR</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>CAC 40 Index</indexName>
                <indexIdentifier>FR0003500008</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-01-21</expDate>
            <notionalAmt>158348.05000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>3023.45000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>Corn Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="C H2"/>
        </identifiers>
        <balance>19.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>6768.00000000</valUSD>
        <pctVal>0.009591433458</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Corn</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Corn"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-14</expDate>
            <notionalAmt>556107.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>6768.00000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Alexion Pharmaceuticals, Inc.</name>
        <lei>N/A</lei>
        <title>Alexion Pharmaceuticals, Inc.</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="AACVR"/>
        </identifiers>
        <balance>34843.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>0.03000000</valUSD>
        <pctVal>0.000000042515</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetConditional assetCat="OTHER" desc="Rights"/>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>3</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VanEck Gold Miners ETF/USA</name>
        <lei>54930031TORTKAM9TJ98</lei>
        <title>VanEck Gold Miners ETF</title>
        <cusip>92189F106</cusip>
        <identifiers>
          <isin value="US92189F1066"/>
        </identifiers>
        <balance>-350.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-11210.50000000</valUSD>
        <pctVal>-0.01588722883</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>DraftKings Inc</name>
        <lei>5493008P45UYYL683Z97</lei>
        <title>DraftKings, Inc.</title>
        <cusip>26142R104</cusip>
        <identifiers>
          <isin value="US26142R1041"/>
        </identifiers>
        <balance>-8489.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-233192.83000000</valUSD>
        <pctVal>-0.33047480967</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>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>Flagstar Bancorp Inc</name>
        <lei>549300Q22V2Y3J4R2715</lei>
        <title>Flagstar Bancorp, Inc.</title>
        <cusip>337930705</cusip>
        <identifiers>
          <isin value="US3379307057"/>
        </identifiers>
        <balance>9355.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>448478.70000000</valUSD>
        <pctVal>0.635572341673</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>New York Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Gasoline RBOB Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="XBJ2"/>
        </identifiers>
        <balance>-29.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>-138804.15000000</valUSD>
        <pctVal>-0.19670962890</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Bloomberg 84 Octane RBOB Gasoline Prompt Month Spot Pipeline Px/New York Harbor</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-03-31</expDate>
            <notionalAmt>-2700597.45000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>-138804.15000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>J.P. MORGAN SECURITIES LLC</name>
        <lei>ZBUT11V806EZRVTWT807</lei>
        <title>J.P. Morgan Securities LLC</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="REPO-JP M"/>
        </identifiers>
        <balance>8866538.42000000</balance>
        <units>PA</units>
        <curCd>USD</curCd>
        <valUSD>8866538.42000000</valUSD>
        <pctVal>12.56542749106</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>RA</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <repurchaseAgrmt>
          <transCat>Repurchase</transCat>
          <notClearedCentCparty isCleared="N">
            <counterpartyInfos>
              <counterpartyInfo lei="ZBUT11V806EZRVTWT807" name="J.P. MORGAN SECURITIES LLC"/>
            </counterpartyInfos>
          </notClearedCentCparty>
          <isTriParty>Y</isTriParty>
          <repurchaseRt>0.05000000</repurchaseRt>
          <maturityDt>2022-01-03</maturityDt>
          <repurchaseCollaterals>
            <repurchaseCollateral>
              <principalAmt>9032355.82000000</principalAmt>
              <principalCd>USD</principalCd>
              <collateralVal>9043877.13000000</collateralVal>
              <collateralCd>USD</collateralCd>
              <invstCat>UST</invstCat>
            </repurchaseCollateral>
          </repurchaseCollaterals>
        </repurchaseAgrmt>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Nuveen Real Estate Income Fund</name>
        <lei>LXJVVL0330BRT3R7PH61</lei>
        <title>Nuveen Real Estate Income Fund</title>
        <cusip>67071B108</cusip>
        <identifiers>
          <isin value="US67071B1089"/>
        </identifiers>
        <balance>15935.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>204286.70000000</valUSD>
        <pctVal>0.289509794538</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Morgan Stanley Capital Services LLC</name>
        <lei>I7331LVCZKQKX5T7XV54</lei>
        <title>MS Equity Market Neutral Custom Basket</title>
        <cusip>N/A</cusip>
        <identifiers>
          <other otherDesc="Internal ID" value="MHSwapL1"/>
        </identifiers>
        <balance>0.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>2087083.49000000</valUSD>
        <pctVal>2.957760404244</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <swapDeriv derivCat="SWP">
            <counterparties>
              <counterpartyName>Morgan Stanley Capital Services LLC</counterpartyName>
              <counterpartyLei>I7331LVCZKQKX5T7XV54</counterpartyLei>
            </counterparties>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>MS Equity Market Neutral Long Custom Basket</indexName>
                <indexIdentifier>N/A</indexIdentifier>
                <components>
                  <component>
                    <othIndName>Empire State Realty Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="292104106"/>
                    </identifiers>
                    <othIndNotAmt>34982.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>311339.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Acadia Realty Trust</othIndName>
                    <identifiers>
                      <cusip value="004239109"/>
                    </identifiers>
                    <othIndNotAmt>23561.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>514336.63000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Jones Lang LaSalle, Inc.</othIndName>
                    <identifiers>
                      <cusip value="48020Q107"/>
                    </identifiers>
                    <othIndNotAmt>1226.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>330210.84000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>PulteGroup, Inc.</othIndName>
                    <identifiers>
                      <cusip value="745867101"/>
                    </identifiers>
                    <othIndNotAmt>3571.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>204118.36000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Hilton Grand Vacations, Inc.</othIndName>
                    <identifiers>
                      <cusip value="43283X105"/>
                    </identifiers>
                    <othIndNotAmt>5137.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>267689.07000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Healthpeak Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="42250P103"/>
                    </identifiers>
                    <othIndNotAmt>8813.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>318061.17000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Alexandria Real Estate Equities, Inc.</othIndName>
                    <identifiers>
                      <cusip value="015271109"/>
                    </identifiers>
                    <othIndNotAmt>2041.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>455061.36000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Orion Office REIT, Inc.</othIndName>
                    <identifiers>
                      <cusip value="68629Y103"/>
                    </identifiers>
                    <othIndNotAmt>0.01000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>0.19000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Xenia Hotels &amp; Resorts, Inc.</othIndName>
                    <identifiers>
                      <cusip value="984017103"/>
                    </identifiers>
                    <othIndNotAmt>32624.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>590820.64000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Prologis, Inc.</othIndName>
                    <identifiers>
                      <cusip value="74340W103"/>
                    </identifiers>
                    <othIndNotAmt>1701.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>286380.36000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CareTrust REIT, Inc.</othIndName>
                    <identifiers>
                      <cusip value="14174T107"/>
                    </identifiers>
                    <othIndNotAmt>17644.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>402812.52000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>MGM Growth Properties LLC</othIndName>
                    <identifiers>
                      <cusip value="55303A105"/>
                    </identifiers>
                    <othIndNotAmt>5874.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>239952.90000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Invitation Homes, Inc.</othIndName>
                    <identifiers>
                      <cusip value="46187W107"/>
                    </identifiers>
                    <othIndNotAmt>8838.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>400714.92000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Hudson Pacific Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="444097109"/>
                    </identifiers>
                    <othIndNotAmt>12119.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>299460.49000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ventas, Inc.</othIndName>
                    <identifiers>
                      <cusip value="92276F100"/>
                    </identifiers>
                    <othIndNotAmt>4451.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>227535.12000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Innovative Industrial Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="45781V101"/>
                    </identifiers>
                    <othIndNotAmt>405.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>106478.55000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Lennar Corp.</othIndName>
                    <identifiers>
                      <cusip value="526057104"/>
                    </identifiers>
                    <othIndNotAmt>1280.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>148684.80000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Marriott Vacations Worldwide Corp.</othIndName>
                    <identifiers>
                      <cusip value="57164Y107"/>
                    </identifiers>
                    <othIndNotAmt>1626.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>274761.48000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>AvalonBay Communities, Inc.</othIndName>
                    <identifiers>
                      <cusip value="053484101"/>
                    </identifiers>
                    <othIndNotAmt>2047.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>517051.73000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Brixmor Property Group, Inc.</othIndName>
                    <identifiers>
                      <cusip value="11120U105"/>
                    </identifiers>
                    <othIndNotAmt>10377.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>263679.57000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Gaming and Leisure Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="36467J108"/>
                    </identifiers>
                    <othIndNotAmt>9594.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>466844.04000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>National Storage Affiliates Trust</othIndName>
                    <identifiers>
                      <cusip value="637870106"/>
                    </identifiers>
                    <othIndNotAmt>9736.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>673731.20000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>American Campus Communities, Inc.</othIndName>
                    <identifiers>
                      <cusip value="024835100"/>
                    </identifiers>
                    <othIndNotAmt>4470.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>256086.30000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Sun Communities, Inc.</othIndName>
                    <identifiers>
                      <cusip value="866674104"/>
                    </identifiers>
                    <othIndNotAmt>3020.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>634109.40000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>DiamondRock Hospitality Co.</othIndName>
                    <identifiers>
                      <cusip value="252784301"/>
                    </identifiers>
                    <othIndNotAmt>46997.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>451641.17000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>VICI Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="925652109"/>
                    </identifiers>
                    <othIndNotAmt>11229.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>338105.19000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Equity Residential</othIndName>
                    <identifiers>
                      <cusip value="29476L107"/>
                    </identifiers>
                    <othIndNotAmt>5724.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>518022.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Medical Properties Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="58463J304"/>
                    </identifiers>
                    <othIndNotAmt>11421.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>269878.23000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Ryman Hospitality Properties, Inc.</othIndName>
                    <identifiers>
                      <cusip value="78377T107"/>
                    </identifiers>
                    <othIndNotAmt>4924.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>452811.04000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Agree Realty Corp.</othIndName>
                    <identifiers>
                      <cusip value="008492100"/>
                    </identifiers>
                    <othIndNotAmt>7268.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>518644.48000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Kite Realty Group Trust</othIndName>
                    <identifiers>
                      <cusip value="49803T300"/>
                    </identifiers>
                    <othIndNotAmt>16000.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>348480.00000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>DR Horton, Inc.</othIndName>
                    <identifiers>
                      <cusip value="23331A109"/>
                    </identifiers>
                    <othIndNotAmt>1379.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>149552.55000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Rexford Industrial Realty, Inc.</othIndName>
                    <identifiers>
                      <cusip value="76169C100"/>
                    </identifiers>
                    <othIndNotAmt>5539.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>449268.29000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>CyrusOne, Inc.</othIndName>
                    <identifiers>
                      <cusip value="23283R100"/>
                    </identifiers>
                    <othIndNotAmt>6367.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>571247.24000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Realty Income Corp.</othIndName>
                    <identifiers>
                      <cusip value="756109104"/>
                    </identifiers>
                    <othIndNotAmt>0.14100000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>10.09000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>American Assets Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="024013104"/>
                    </identifiers>
                    <othIndNotAmt>8517.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>319643.01000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                  <component>
                    <othIndName>Four Corners Property Trust, Inc.</othIndName>
                    <identifiers>
                      <cusip value="35086T109"/>
                    </identifiers>
                    <othIndNotAmt>14975.00000000</othIndNotAmt>
                    <othIndCurCd>USD</othIndCurCd>
                    <othIndValue>440414.75000000</othIndValue>
                    <othIndIssCurCd>USD</othIndIssCurCd>
                  </component>
                </components>
              </indexBasketInfo>
            </descRefInstrmnt>
            <swapFlag>Y</swapFlag>
            <otherRecDesc fixedOrFloating="Other">MS Equity Market Neutral Custom Basket - Tenor At Maturity</otherRecDesc>
            <floatingPmntDesc curCd="USD" fixedOrFloating="Floating" floatingRtIndex="FEDL01 Index" floatingRtSpread="0.40000000" pmntAmt="0.00000000">
              <rtResetTenors>
                <rtResetTenor rateTenor="Year" rateTenorUnit="5" resetDt="Day" resetDtUnit="1"/>
              </rtResetTenors>
            </floatingPmntDesc>
            <terminationDt>2023-08-31</terminationDt>
            <upfrontPmnt>0.00000000</upfrontPmnt>
            <pmntCurCd>USD</pmntCurCd>
            <upfrontRcpt>0.00000000</upfrontRcpt>
            <rcptCurCd>USD</rcptCurCd>
            <notionalAmt>13017639.48000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>2087083.49000000</unrealizedAppr>
          </swapDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Board of Trade</name>
        <lei>N/A</lei>
        <title>Wheat Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="W H2"/>
        </identifiers>
        <balance>-4.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>6188.00000000</valUSD>
        <pctVal>0.008769472553</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Short</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Wheat</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Wheat"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-14</expDate>
            <notionalAmt>-160238.00000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>6188.00000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICE Futures Europe Financials</name>
        <lei>N/A</lei>
        <title>FTSE 100 Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="Z H2"/>
        </identifiers>
        <balance>3.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="GBP" exchangeRt="0.73945000"/>
        <valUSD>-1519.75000000</valUSD>
        <pctVal>-0.00215375014</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>FTSE 100 Index</indexName>
                <indexIdentifier>GB0001383545</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-03-18</expDate>
            <notionalAmt>297606.40000000</notionalAmt>
            <curCd>GBP</curCd>
            <unrealizedAppr>-1519.75000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Invesco Trust for Investment G</name>
        <lei>FNS6N81D3V131ZZWNT79</lei>
        <title>Invesco Trust for Investment Grade New York Municipals</title>
        <cusip>46131T101</cusip>
        <identifiers>
          <isin value="US46131T1016"/>
        </identifiers>
        <balance>8536.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>114553.12000000</valUSD>
        <pctVal>0.162341700340</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Adams Diversified Equity Fund</name>
        <lei>5493005W7G81BNPP7M23</lei>
        <title>Adams Diversified Equity Fund, Inc.</title>
        <cusip>006212104</cusip>
        <identifiers>
          <isin value="US0062121043"/>
        </identifiers>
        <balance>9906.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>192275.46000000</valUSD>
        <pctVal>0.272487777810</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Intersect ENT Inc</name>
        <lei>549300SWZUVLSFMOXR50</lei>
        <title>Intersect ENT, Inc.</title>
        <cusip>46071F103</cusip>
        <identifiers>
          <isin value="US46071F1030"/>
        </identifiers>
        <balance>23678.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>646646.18000000</valUSD>
        <pctVal>0.916410136884</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Change Healthcare Inc</name>
        <lei>549300GS1BPJEDOZHM07</lei>
        <title>Change Healthcare, Inc.</title>
        <cusip>15912K100</cusip>
        <identifiers>
          <isin value="US15912K1007"/>
        </identifiers>
        <balance>36682.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>784261.16000000</valUSD>
        <pctVal>1.111434505015</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Osaka Exchange</name>
        <lei>N/A</lei>
        <title>Nikkei 225 (OSE) Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="NKH2"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="JPY" exchangeRt="115.09500000"/>
        <valUSD>11592.85000000</valUSD>
        <pctVal>0.016429085308</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Nikkei 225</indexName>
                <indexIdentifier>JP9010C00002</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-03-10</expDate>
            <notionalAmt>244137.08000000</notionalAmt>
            <curCd>JPY</curCd>
            <unrealizedAppr>11592.85000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Osaka Exchange</name>
        <lei>N/A</lei>
        <title>Tokyo Stock Price Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="TPH2"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="JPY" exchangeRt="115.09500000"/>
        <valUSD>7014.12000000</valUSD>
        <pctVal>0.009940228316</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>JP</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Tokyo Stock Exchange Tokyo Price Index TOPIX</indexName>
                <indexIdentifier>JP9010100007</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-03-10</expDate>
            <notionalAmt>169780.88000000</notionalAmt>
            <curCd>JPY</curCd>
            <unrealizedAppr>7014.12000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>SPDR S&amp;P 500 ETF Trust</name>
        <lei>549300NZAMSJ8FXPQQ63</lei>
        <title>SPDR S&amp;P 500 ETF Trust</title>
        <cusip>78462F103</cusip>
        <identifiers>
          <isin value="US78462F1030"/>
        </identifiers>
        <balance>-1682.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-798882.72000000</valUSD>
        <pctVal>-1.13215579931</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Casper Sleep Inc</name>
        <lei>N/A</lei>
        <title>Casper Sleep, Inc.</title>
        <cusip>147626105</cusip>
        <identifiers>
          <isin value="US1476261052"/>
        </identifiers>
        <balance>61814.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>412917.52000000</valUSD>
        <pctVal>0.585175962881</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>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>Saba Capital Income &amp; Opportun</name>
        <lei>549300MGSUUJ7E55N746</lei>
        <title>Saba Capital Income &amp; Opportunities Fund</title>
        <cusip>78518H103</cusip>
        <identifiers>
          <isin value="US78518H1032"/>
        </identifiers>
        <balance>41689.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>188434.28000000</valUSD>
        <pctVal>0.267044157484</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>VICI Properties Inc</name>
        <lei>254900RKH6RY9KCJQH63</lei>
        <title>VICI Properties, Inc.</title>
        <cusip>925652109</cusip>
        <identifiers>
          <isin value="US9256521090"/>
        </identifiers>
        <balance>-22609.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>-680756.99000000</valUSD>
        <pctVal>-0.96475108905</pctVal>
        <payoffProfile>Short</payoffProfile>
        <assetCat>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>Nuveen New York AMT-Free Quali</name>
        <lei>549300V4X2BF3UXSCQ58</lei>
        <title>Nuveen New York AMT-Free Quality Municipal Income Fund</title>
        <cusip>670656107</cusip>
        <identifiers>
          <isin value="US6706561072"/>
        </identifiers>
        <balance>13746.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>189557.34000000</valUSD>
        <pctVal>0.268635728887</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>RF</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Borsa Italiana (IDEM)</name>
        <lei>N/A</lei>
        <title>FTSE MIB Index Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="STH2"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <currencyConditional curCd="EUR" exchangeRt="0.87840000"/>
        <valUSD>2183.33000000</valUSD>
        <pctVal>0.003094158453</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>IT</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>2</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>FTSE MIB Index</indexName>
                <indexIdentifier>IT0003465736</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-03-18</expDate>
            <notionalAmt>151173.69000000</notionalAmt>
            <curCd>EUR</curCd>
            <unrealizedAppr>2183.33000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Russell 2000 Index Mini Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="RTYH2"/>
        </identifiers>
        <balance>1.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>5345.41000000</valUSD>
        <pctVal>0.007575375934</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <indexBasketInfo>
                <indexName>Russell 2000 Index</indexName>
                <indexIdentifier>N/A</indexIdentifier>
              </indexBasketInfo>
            </descRefInstrmnt>
            <expDate>2022-03-18</expDate>
            <notionalAmt>106779.59000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>5345.41000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>ICE Futures Europe Commodities</name>
        <lei>N/A</lei>
        <title>Low Sulphur Gas Oil Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="QSG2"/>
        </identifiers>
        <balance>4.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>8079.11000000</valUSD>
        <pctVal>0.011449504427</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DCO</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>GB</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Low Sulphur Gas Oil</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Physical Asset" value="Low Sulphur Gas Oil"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-02-10</expDate>
            <notionalAmt>258320.89000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>8079.11000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Chicago Mercantile Exchange</name>
        <lei>N/A</lei>
        <title>Canadian Dollar Futures Contracts</title>
        <cusip>N/A</cusip>
        <identifiers>
          <ticker value="CDH2"/>
        </identifiers>
        <balance>21.00000000</balance>
        <units>NC</units>
        <curCd>USD</curCd>
        <valUSD>11260.45000000</valUSD>
        <pctVal>0.015958016679</pctVal>
        <payoffProfile>N/A</payoffProfile>
        <assetCat>DFE</assetCat>
        <issuerConditional desc="Derivative" issuerCat="OTHER"/>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <derivativeInfo>
          <futrDeriv derivCat="FUT">
            <counterparties>
              <counterpartyName>Goldman Sachs &amp; Co. LLC</counterpartyName>
              <counterpartyLei>FOR8UP27PHTHYVLBNG30</counterpartyLei>
            </counterparties>
            <payOffProf>Long</payOffProf>
            <descRefInstrmnt>
              <otherRefInst>
                <issuerName>N/A</issuerName>
                <issueTitle>Canadian Dollar</issueTitle>
                <identifiers>
                  <cusip value="N/A"/>
                  <other otherDesc="Currency" value="Canadian Dollar"/>
                </identifiers>
              </otherRefInst>
            </descRefInstrmnt>
            <expDate>2022-03-15</expDate>
            <notionalAmt>1649104.55000000</notionalAmt>
            <curCd>USD</curCd>
            <unrealizedAppr>11260.45000000</unrealizedAppr>
          </futrDeriv>
        </derivativeInfo>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
      <invstOrSec>
        <name>Arena Pharmaceuticals Inc</name>
        <lei>529900CVGQMPJ3A3NI85</lei>
        <title>Arena Pharmaceuticals, Inc.</title>
        <cusip>040047607</cusip>
        <identifiers>
          <isin value="US0400476075"/>
        </identifiers>
        <balance>4606.00000000</balance>
        <units>NS</units>
        <curCd>USD</curCd>
        <valUSD>428081.64000000</valUSD>
        <pctVal>0.606666159088</pctVal>
        <payoffProfile>Long</payoffProfile>
        <assetCat>EC</assetCat>
        <issuerCat>CORP</issuerCat>
        <invCountry>US</invCountry>
        <isRestrictedSec>N</isRestrictedSec>

        <fairValLevel>1</fairValLevel>
        <securityLending>
          <isCashCollateral>N</isCashCollateral>
          <isNonCashCollateral>N</isNonCashCollateral>
          <isLoanByFund>N</isLoanByFund>
        </securityLending>
      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2022-01-31</ncom:dateSigned>
      <ncom:nameOfApplicant>Rydex Series Funds</ncom:nameOfApplicant>
      <ncom:signature>John Sullivan</ncom:signature>
      <ncom:signerName>John Sullivan</ncom:signerName>
      <ncom:title>CFO</ncom:title>
    </signature>
  </formData>
</edgarSubmission>
