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		<filerInfo>

			<filer>
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					<ccc>XXXXXXXX</ccc>
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				<classId>C000033920</classId>
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			<regName>MASSMUTUAL SELECT FUNDS</regName>
			<regFileNumber>811-08274</regFileNumber>
			<regCik>0000916053</regCik>
			<regLei>PJVR01EN4PJWVNUIQ236</regLei>
			<regStreet1>1295 State Street</regStreet1>
			<regCity>Springfield</regCity>
			<regStateConditional regCountry="US" regState="US-MA"/>
			<regZipOrPostalCode>01111-0001</regZipOrPostalCode>
			<regPhone>4137441000</regPhone>
			<seriesName>MassMutual Small Cap Value Equity Fund</seriesName>
			<seriesId>S000012476</seriesId>
			<seriesLei>549300BN7CXS1EJMX342</seriesLei>
			<repPdEnd>2022-09-30</repPdEnd>
			<repPdDate>2022-06-30</repPdDate>
			<isFinalFiling>N</isFinalFiling>
		</genInfo>
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			<totLiabs>431127.81</totLiabs>
			<netAssets>53783504.49</netAssets>
			<assetsAttrMiscSec>0</assetsAttrMiscSec>
			<assetsInvested>0</assetsInvested>
			<amtPayOneYrBanksBorr>0</amtPayOneYrBanksBorr>
			<amtPayOneYrCtrldComp>0</amtPayOneYrCtrldComp>
			<amtPayOneYrOthAffil>0</amtPayOneYrOthAffil>
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			<liquidPref>0</liquidPref>
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			<aggregateCondition isNonCashCollateral="Y">
				<aggregateInfos>
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				<othMon2 netRealizedGain="78792.17" netUnrealizedAppr="1899217.66"/>
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				<lei>N/A</lei>
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				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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				<payoffProfile>Long</payoffProfile>
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				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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			<invstOrSec>
				<name>ACI WORLDWIDE INC</name>
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				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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			<invstOrSec>
				<name>ADIENT PLC</name>
				<lei>5493002QLDY8O75RTR78</lei>
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					<ticker value="ADNT"/>
					<other otherDesc="SEDOL Number" value="BD845X2"/>
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				<curCd>USD</curCd>
				<valUSD>723979.42</valUSD>
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				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>IE</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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			<invstOrSec>
				<name>AIR LEASE CORP</name>
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					<other otherDesc="SEDOL Number" value="B3XS562"/>
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				<curCd>USD</curCd>
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				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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					<ticker value="ATSG"/>
					<other otherDesc="SEDOL Number" value="2938002"/>
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				<curCd>USD</curCd>
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				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
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				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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			<invstOrSec>
				<name>ALLEGHENY TECHNOLOGIES INC</name>
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				<curCd>USD</curCd>
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				<assetCat>EC</assetCat>
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				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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				<name>AMERICAN AXLE + MFG HOLDINGS</name>
				<lei>RY5TAKFOBLDUGX31MS24</lei>
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					<ticker value="AXL"/>
					<other otherDesc="SEDOL Number" value="2382416"/>
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				<curCd>USD</curCd>
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				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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				<curCd>USD</curCd>
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				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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				<name>APOGEE ENTERPRISES INC</name>
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				<curCd>USD</curCd>
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				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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				<lei>549300MR6PG2DWZUIL39</lei>
				<title>COMMON STOCK USD.01</title>
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					<ticker value="ARMK"/>
					<other otherDesc="SEDOL Number" value="BH3XG17"/>
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				<curCd>USD</curCd>
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				<pctVal>0.8837585883</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
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				<name>ASSURED GUARANTY LTD</name>
				<lei>549300BBOQUJEPH87M14</lei>
				<title>COMMON STOCK USD.01</title>
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					<ticker value="AGO"/>
					<other otherDesc="SEDOL Number" value="B00V7H8"/>
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				<curCd>USD</curCd>
				<valUSD>318728.27</valUSD>
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				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>BM</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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					<isNonCashCollateral>N</isNonCashCollateral>
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			<invstOrSec>
				<name>ATLANTIC UNION BANKSHARES CO</name>
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				<title>COMMON STOCK USD1.33</title>
				<cusip>04911A107</cusip>
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					<ticker value="AUB"/>
					<other otherDesc="SEDOL Number" value="BFZ9DB8"/>
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				<curCd>USD</curCd>
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				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
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			</invstOrSec>
			<invstOrSec>
				<name>AXALTA COATING SYSTEMS LTD</name>
				<lei>529900AGLPA40GV6H619</lei>
				<title>COMMON STOCK USD1.0</title>
				<cusip>G0750C108</cusip>
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					<isin value="BMG0750C1082"/>
					<ticker value="AXTA"/>
					<other otherDesc="SEDOL Number" value="BSFWCF5"/>
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				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>279890.49</valUSD>
				<pctVal>0.5204021059</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>BM</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
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					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
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			</invstOrSec>
			<invstOrSec>
				<name>AZEK CO INC/THE</name>
				<lei>5493002LDDDU1RX46815</lei>
				<title>COMMON STOCK</title>
				<cusip>05478C105</cusip>
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					<ticker value="AZEK"/>
					<other otherDesc="SEDOL Number" value="BKPVG43"/>
				</identifiers>
				<balance>7673</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>128446.02</valUSD>
				<pctVal>0.2388204733</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>AZENTA INC</name>
				<lei>35ZN6X1ANPH25YN32Y17</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>114340102</cusip>
				<identifiers>
					<isin value="US1143401024"/>
					<ticker value="AZTA"/>
					<other otherDesc="SEDOL Number" value="2145460"/>
				</identifiers>
				<balance>8576</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>618329.6</valUSD>
				<pctVal>1.1496640203</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>BANC OF CALIFORNIA INC</name>
				<lei>549300ZKWUJDP6LJ1X87</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>05990K106</cusip>
				<identifiers>
					<isin value="US05990K1060"/>
					<ticker value="BANC"/>
					<other otherDesc="SEDOL Number" value="BCD47X4"/>
				</identifiers>
				<balance>25679</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>452463.98</valUSD>
				<pctVal>0.8412690551</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>BELDEN INC</name>
				<lei>68BKYO1JC791TTJHUE82</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>077454106</cusip>
				<identifiers>
					<isin value="US0774541066"/>
					<ticker value="BDC"/>
					<other otherDesc="SEDOL Number" value="B01WL78"/>
				</identifiers>
				<balance>8326</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>443526.02</valUSD>
				<pctVal>0.8246506512</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>BRANDYWINE REALTY TRUST</name>
				<lei>5UZ46ZCYUFYYAC0DS831</lei>
				<title>REIT USD.01</title>
				<cusip>105368203</cusip>
				<identifiers>
					<isin value="US1053682035"/>
					<ticker value="BDN"/>
					<other otherDesc="SEDOL Number" value="2518954"/>
				</identifiers>
				<balance>19197</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>185059.08</valUSD>
				<pctVal>0.3440814833</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>BRIGHAM MINERALS INC CL A</name>
				<lei>549300IQ6JCXW59RO175</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>10918L103</cusip>
				<identifiers>
					<isin value="US10918L1035"/>
					<ticker value="MNRL"/>
					<other otherDesc="SEDOL Number" value="BJHQ638"/>
				</identifiers>
				<balance>12091</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>297801.33</valUSD>
				<pctVal>0.5537038407</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>BRIGHTVIEW HOLDINGS INC</name>
				<lei>549300F8QN8YHVI7L866</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>10948C107</cusip>
				<identifiers>
					<isin value="US10948C1071"/>
					<ticker value="BV"/>
					<other otherDesc="SEDOL Number" value="BG0ZML1"/>
				</identifiers>
				<balance>22203</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>266436</valUSD>
				<pctVal>0.4953860901</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>C+C GROUP PLC</name>
				<lei>635400LNUHA2LDXXV850</lei>
				<title>COMMON STOCK EUR.01</title>
				<cusip>B010DT901</cusip>
				<identifiers>
					<isin value="IE00B010DT83"/>
					<ticker value="CCR"/>
					<other otherDesc="SEDOL Number" value="B010DT8"/>
				</identifiers>
				<balance>136677</balance>
				<units>NS</units>
				<currencyConditional curCd="GBP" exchangeRt="0.82149"/>
				<valUSD>306655.35</valUSD>
				<pctVal>0.5701661744</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>IE</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CABOT CORP</name>
				<lei>K05C0SER542GQ6VLRO68</lei>
				<title>COMMON STOCK USD1.0</title>
				<cusip>127055101</cusip>
				<identifiers>
					<isin value="US1270551013"/>
					<ticker value="CBT"/>
					<other otherDesc="SEDOL Number" value="2162500"/>
				</identifiers>
				<balance>11945</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>761971.55</valUSD>
				<pctVal>1.4167383796</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>CADENCE BANK</name>
				<lei>Q7C315HKI8VX0SSKBS64</lei>
				<title>COMMON STOCK USD2.5</title>
				<cusip>12740C103</cusip>
				<identifiers>
					<isin value="US12740C1036"/>
					<ticker value="CADE"/>
					<other otherDesc="SEDOL Number" value="BMCS168"/>
				</identifiers>
				<balance>12148</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>285235.04</valUSD>
				<pctVal>0.5303392605</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>CBIZ INC</name>
				<lei>529900D5X8CFM8O1N813</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>124805102</cusip>
				<identifiers>
					<isin value="US1248051021"/>
					<ticker value="CBZ"/>
					<other otherDesc="SEDOL Number" value="2730781"/>
				</identifiers>
				<balance>6328</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>252866.88</valUSD>
				<pctVal>0.470156942</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>CENTERSPACE</name>
				<lei>5493002LG2SH9EEHT720</lei>
				<title>REIT</title>
				<cusip>15202L107</cusip>
				<identifiers>
					<isin value="US15202L1070"/>
					<ticker value="CSR"/>
					<other otherDesc="SEDOL Number" value="BN47P80"/>
				</identifiers>
				<balance>4453</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>363142.15</valUSD>
				<pctVal>0.6751924283</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>CENTURY COMMUNITIES INC</name>
				<lei>5299002QMB2O7ZL1CA26</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>156504300</cusip>
				<identifiers>
					<isin value="US1565043007"/>
					<ticker value="CCS"/>
					<other otherDesc="SEDOL Number" value="BN7ZZ47"/>
				</identifiers>
				<balance>6394</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>287538.18</valUSD>
				<pctVal>0.5346215029</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>CIENA CORP</name>
				<lei>W0CZ7N0GH8UIGXDM1H41</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>171779309</cusip>
				<identifiers>
					<isin value="US1717793095"/>
					<ticker value="CIEN"/>
					<other otherDesc="SEDOL Number" value="B1FLZ21"/>
				</identifiers>
				<balance>10025</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>458142.5</valUSD>
				<pctVal>0.8518271621</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>CLEAN HARBORS INC</name>
				<lei>5493000SJVZVZJKHJF48</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>184496107</cusip>
				<identifiers>
					<isin value="US1844961078"/>
					<ticker value="CLH"/>
					<other otherDesc="SEDOL Number" value="2202473"/>
				</identifiers>
				<balance>3680</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>322625.6</valUSD>
				<pctVal>0.5998597582</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>COHU INC</name>
				<lei>529900FJPORJ3JJ2XS33</lei>
				<title>COMMON STOCK USD1.0</title>
				<cusip>192576106</cusip>
				<identifiers>
					<isin value="US1925761066"/>
					<ticker value="COHU"/>
					<other otherDesc="SEDOL Number" value="2208426"/>
				</identifiers>
				<balance>20624</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>572316</valUSD>
				<pctVal>1.0641106514</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CONCENTRIX CORP</name>
				<lei>N/A</lei>
				<title>COMMON STOCK</title>
				<cusip>20602D101</cusip>
				<identifiers>
					<isin value="US20602D1019"/>
					<ticker value="CNXC"/>
					<other otherDesc="SEDOL Number" value="BNKVVY4"/>
				</identifiers>
				<balance>2358</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>319839.12</valUSD>
				<pctVal>0.5946788389</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>CRANSWICK PLC</name>
				<lei>549300LDZLPU51XOSK43</lei>
				<title>COMMON STOCK GBP.1</title>
				<cusip>023188006</cusip>
				<identifiers>
					<isin value="GB0002318888"/>
					<ticker value="CWK"/>
					<other otherDesc="SEDOL Number" value="0231888"/>
				</identifiers>
				<balance>8746</balance>
				<units>NS</units>
				<currencyConditional curCd="GBP" exchangeRt="0.82149"/>
				<valUSD>327751.45</valUSD>
				<pctVal>0.6093902826</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>GB</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>CTS CORP</name>
				<lei>549300YV1HQLBVHOI649</lei>
				<title>COMMON STOCK</title>
				<cusip>126501105</cusip>
				<identifiers>
					<isin value="US1265011056"/>
					<ticker value="CTS"/>
					<other otherDesc="SEDOL Number" value="2239244"/>
				</identifiers>
				<balance>11474</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>390689.7</valUSD>
				<pctVal>0.7264117571</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>DARLING INGREDIENTS INC</name>
				<lei>L1N0SPPKS7EXZYUMZ898</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>237266101</cusip>
				<identifiers>
					<isin value="US2372661015"/>
					<ticker value="DAR"/>
					<other otherDesc="SEDOL Number" value="2250289"/>
				</identifiers>
				<balance>14665</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>876967</valUSD>
				<pctVal>1.6305501256</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>DECKERS OUTDOOR CORP</name>
				<lei>5493008LG4W3I6K8J118</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>243537107</cusip>
				<identifiers>
					<isin value="US2435371073"/>
					<ticker value="DECK"/>
					<other otherDesc="SEDOL Number" value="2267278"/>
				</identifiers>
				<balance>1281</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>327103.35</valUSD>
				<pctVal>0.6081852663</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>DIODES INC</name>
				<lei>549300XP2X1ARVH3BX23</lei>
				<title>COMMON STOCK USD.667</title>
				<cusip>254543101</cusip>
				<identifiers>
					<isin value="US2545431015"/>
					<ticker value="DIOD"/>
					<other otherDesc="SEDOL Number" value="2270500"/>
				</identifiers>
				<balance>8708</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>562275.56</valUSD>
				<pctVal>1.0454423997</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>DORIAN LPG LTD</name>
				<lei>549300WP1W2WGMC7F395</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>Y2106R110</cusip>
				<identifiers>
					<isin value="MHY2106R1100"/>
					<ticker value="LPG"/>
					<other otherDesc="SEDOL Number" value="BM4QJF5"/>
				</identifiers>
				<balance>13733</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>208741.6</valUSD>
				<pctVal>0.3881145381</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>MH</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>EASTERN BANKSHARES INC</name>
				<lei>549300J245MBQU3DO403</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>27627N105</cusip>
				<identifiers>
					<isin value="US27627N1054"/>
					<ticker value="EBC"/>
					<other otherDesc="SEDOL Number" value="BMXL9H3"/>
				</identifiers>
				<balance>18642</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>344131.32</valUSD>
				<pctVal>0.6398454754</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>ELEMENT SOLUTIONS INC</name>
				<lei>549300FLGN6P5CU20J91</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>28618M106</cusip>
				<identifiers>
					<isin value="US28618M1062"/>
					<ticker value="ESI"/>
					<other otherDesc="SEDOL Number" value="BJ1C2K1"/>
				</identifiers>
				<balance>27955</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>497599</valUSD>
				<pctVal>0.9251888748</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ENCORE WIRE CORP</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>292562105</cusip>
				<identifiers>
					<isin value="US2925621052"/>
					<ticker value="WIRE"/>
					<other otherDesc="SEDOL Number" value="2273446"/>
				</identifiers>
				<balance>4780</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>496737.6</valUSD>
				<pctVal>0.9235872685</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>ENERPAC TOOL GROUP CORP</name>
				<lei>IZW37BPZKUJE1QXGB081</lei>
				<title>COMMON STOCK USD.2</title>
				<cusip>292765104</cusip>
				<identifiers>
					<isin value="US2927651040"/>
					<ticker value="EPAC"/>
					<other otherDesc="SEDOL Number" value="BH3T5K7"/>
				</identifiers>
				<balance>44058</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>837983.16</valUSD>
				<pctVal>1.5580672326</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>EPLUS INC</name>
				<lei>529900FFY8AAFJ21NE91</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>294268107</cusip>
				<identifiers>
					<isin value="US2942681071"/>
					<ticker value="PLUS"/>
					<other otherDesc="SEDOL Number" value="2597748"/>
				</identifiers>
				<balance>5330</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>283129.6</valUSD>
				<pctVal>0.526424603</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>FARO TECHNOLOGIES INC</name>
				<lei>529900MFEFNOFP3YR823</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>311642102</cusip>
				<identifiers>
					<isin value="US3116421021"/>
					<ticker value="FARO"/>
					<other otherDesc="SEDOL Number" value="2106661"/>
				</identifiers>
				<balance>8338</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>257060.54</valUSD>
				<pctVal>0.4779542398</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>FERROGLOBE PLC</name>
				<lei>2138005GCFJACFTZUD90</lei>
				<title>COMMON STOCK USD7.5</title>
				<cusip>G33856108</cusip>
				<identifiers>
					<isin value="GB00BYW6GV68"/>
					<ticker value="GSM"/>
					<other otherDesc="SEDOL Number" value="BYW6GV6"/>
				</identifiers>
				<balance>45692</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>271410.48</valUSD>
				<pctVal>0.5046351713</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>GB</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>FIRST CITIZENS BCSHS   CL A</name>
				<lei>549300N3Z00ZHE2XC526</lei>
				<title>COMMON STOCK USD1.0</title>
				<cusip>31946M103</cusip>
				<identifiers>
					<isin value="US31946M1036"/>
					<ticker value="FCNCA"/>
					<other otherDesc="SEDOL Number" value="2355582"/>
				</identifiers>
				<balance>649</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>424303.22</valUSD>
				<pctVal>0.7889095812</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>FIRST INTERSTATE BANCSYS A</name>
				<lei>549300WRWYTYX0RCNJ43</lei>
				<title>COMMON STOCK</title>
				<cusip>32055Y201</cusip>
				<identifiers>
					<isin value="US32055Y2019"/>
					<ticker value="FIBK"/>
					<other otherDesc="SEDOL Number" value="B4RGHN0"/>
				</identifiers>
				<balance>8395</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>319933.45</valUSD>
				<pctVal>0.5948542272</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>FIVE BELOW</name>
				<lei>529900AAXP5Z6BGI7418</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>33829M101</cusip>
				<identifiers>
					<isin value="US33829M1018"/>
					<ticker value="FIVE"/>
					<other otherDesc="SEDOL Number" value="B85KFY9"/>
				</identifiers>
				<balance>1670</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>189428.1</valUSD>
				<pctVal>0.352204829</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>GATX CORP</name>
				<lei>549300IHYHCQP2PIR591</lei>
				<title>COMMON STOCK USD.625</title>
				<cusip>361448103</cusip>
				<identifiers>
					<isin value="US3614481030"/>
					<ticker value="GATX"/>
					<other otherDesc="SEDOL Number" value="2362128"/>
				</identifiers>
				<balance>3726</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>350840.16</valUSD>
				<pctVal>0.6523192628</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>GENTHERM INC</name>
				<lei>HKM6YX1U5JS60TCUB219</lei>
				<title>COMMON STOCK</title>
				<cusip>37253A103</cusip>
				<identifiers>
					<isin value="US37253A1034"/>
					<ticker value="THRM"/>
					<other otherDesc="SEDOL Number" value="B8JFD24"/>
				</identifiers>
				<balance>14280</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>891214.8</valUSD>
				<pctVal>1.6570411476</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>GIBRALTAR INDUSTRIES INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>374689107</cusip>
				<identifiers>
					<isin value="US3746891072"/>
					<ticker value="ROCK"/>
					<other otherDesc="SEDOL Number" value="2369226"/>
				</identifiers>
				<balance>17185</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>665918.75</valUSD>
				<pctVal>1.238146819</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>GLOBAL MEDICAL REIT INC</name>
				<lei>549300HFRIPQDYU3GU60</lei>
				<title>REIT</title>
				<cusip>37954A204</cusip>
				<identifiers>
					<isin value="US37954A2042"/>
					<ticker value="GMRE"/>
					<other otherDesc="SEDOL Number" value="BSNMBW7"/>
				</identifiers>
				<balance>15390</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>172829.7</valUSD>
				<pctVal>0.321343322</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>GREENBRIER COMPANIES INC</name>
				<lei>5493001GAGGFR30BP390</lei>
				<title>COMMON STOCK</title>
				<cusip>393657101</cusip>
				<identifiers>
					<isin value="US3936571013"/>
					<ticker value="GBX"/>
					<other otherDesc="SEDOL Number" value="2387530"/>
				</identifiers>
				<balance>17752</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>638894.48</valUSD>
				<pctVal>1.1879004279</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>H.B. FULLER CO.</name>
				<lei>JSMX3Z5FOYM8V0Q52357</lei>
				<title>COMMON STOCK USD1.0</title>
				<cusip>359694106</cusip>
				<identifiers>
					<isin value="US3596941068"/>
					<ticker value="FUL"/>
					<other otherDesc="SEDOL Number" value="2354664"/>
				</identifiers>
				<balance>4653</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>280157.13</valUSD>
				<pctVal>0.5208978713</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>HAEMONETICS CORP/MASS</name>
				<lei>549300ZEL6TXZS6F5F95</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>405024100</cusip>
				<identifiers>
					<isin value="US4050241003"/>
					<ticker value="HAE"/>
					<other otherDesc="SEDOL Number" value="2401195"/>
				</identifiers>
				<balance>8649</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>563741.82</valUSD>
				<pctVal>1.0481686259</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>HANCOCK WHITNEY CORP</name>
				<lei>549300GRNBWY8HIICT41</lei>
				<title>COMMON STOCK USD3.33</title>
				<cusip>410120109</cusip>
				<identifiers>
					<isin value="US4101201097"/>
					<ticker value="HWC"/>
					<other otherDesc="SEDOL Number" value="2415497"/>
				</identifiers>
				<balance>9016</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>399679.28</valUSD>
				<pctVal>0.7431261384</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>HARSCO CORP</name>
				<lei>KAO98FK89NPNNPQGUZ43</lei>
				<title>COMMON STOCK USD1.25</title>
				<cusip>415864107</cusip>
				<identifiers>
					<isin value="US4158641070"/>
					<ticker value="HSC"/>
					<other otherDesc="SEDOL Number" value="2412700"/>
				</identifiers>
				<balance>75920</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>539791.2</valUSD>
				<pctVal>1.0036370912</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>HEXCEL CORP</name>
				<lei>S6Q7LW43WUBUHXY2QP69</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>428291108</cusip>
				<identifiers>
					<isin value="US4282911084"/>
					<ticker value="HXL"/>
					<other otherDesc="SEDOL Number" value="2416779"/>
				</identifiers>
				<balance>6585</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>344461.35</valUSD>
				<pctVal>0.6404591022</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>HURON CONSULTING GROUP INC</name>
				<lei>549300NGVB9H6TKTLE36</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>447462102</cusip>
				<identifiers>
					<isin value="US4474621020"/>
					<ticker value="HURN"/>
					<other otherDesc="SEDOL Number" value="B018V76"/>
				</identifiers>
				<balance>11315</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>735361.85</valUSD>
				<pctVal>1.3672628011</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>ICF INTERNATIONAL INC</name>
				<lei>5493003KYFDDC5B3WY64</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>44925C103</cusip>
				<identifiers>
					<isin value="US44925C1036"/>
					<ticker value="ICFI"/>
					<other otherDesc="SEDOL Number" value="B1FP363"/>
				</identifiers>
				<balance>4023</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>382185</valUSD>
				<pctVal>0.7105989162</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>ICU MEDICAL INC</name>
				<lei>5493003NRW7LS2QZRH60</lei>
				<title>COMMON STOCK USD.1</title>
				<cusip>44930G107</cusip>
				<identifiers>
					<isin value="US44930G1076"/>
					<ticker value="ICUI"/>
					<other otherDesc="SEDOL Number" value="2451918"/>
				</identifiers>
				<balance>2050</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>336999.5</valUSD>
				<pctVal>0.6265852387</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>II VI INC</name>
				<lei>549300O5C25A0MMHHU33</lei>
				<title>COMMON STOCK</title>
				<cusip>902104108</cusip>
				<identifiers>
					<isin value="US9021041085"/>
					<ticker value="IIVI"/>
					<other otherDesc="SEDOL Number" value="2452698"/>
				</identifiers>
				<balance>9590</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>488610.5</valUSD>
				<pctVal>0.9084765015</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<loanByFundCondition isLoanByFund="Y" loanVal="483719.3"/>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>INFINERA CORP</name>
				<lei>549300ZOF66WPV3H0H17</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>45667G103</cusip>
				<identifiers>
					<isin value="US45667G1031"/>
					<ticker value="INFN"/>
					<other otherDesc="SEDOL Number" value="B1YB5Y4"/>
				</identifiers>
				<balance>78599</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>421290.64</valUSD>
				<pctVal>0.7833082727</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>INTERFACE INC</name>
				<lei>549300VXZWQOIDFPU355</lei>
				<title>COMMON STOCK USD.1</title>
				<cusip>458665304</cusip>
				<identifiers>
					<isin value="US4586653044"/>
					<ticker value="TILE"/>
					<other otherDesc="SEDOL Number" value="B86V808"/>
				</identifiers>
				<balance>45247</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>567397.38</valUSD>
				<pctVal>1.0549654311</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>INTERNATIONAL BANCSHARES CRP</name>
				<lei>549300Y16R531AU8TX77</lei>
				<title>COMMON STOCK USD1.0</title>
				<cusip>459044103</cusip>
				<identifiers>
					<isin value="US4590441030"/>
					<ticker value="IBOC"/>
					<other otherDesc="SEDOL Number" value="2243911"/>
				</identifiers>
				<balance>9599</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>384727.92</valUSD>
				<pctVal>0.715326983</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>JOHN BEAN TECHNOLOGIES CORP</name>
				<lei>5493007CT6ATBZ2L6826</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>477839104</cusip>
				<identifiers>
					<isin value="US4778391049"/>
					<ticker value="JBT"/>
					<other otherDesc="SEDOL Number" value="B3BRJZ8"/>
				</identifiers>
				<balance>3006</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>331922.52</valUSD>
				<pctVal>0.6171455786</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>KAISER ALUMINUM CORP</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>483007704</cusip>
				<identifiers>
					<isin value="US4830077040"/>
					<ticker value="KALU"/>
					<other otherDesc="SEDOL Number" value="B15CJ33"/>
				</identifiers>
				<balance>8791</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>695280.19</valUSD>
				<pctVal>1.2927387246</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>KEMPER CORP</name>
				<lei>549300FNI1JKTRY2PV09</lei>
				<title>COMMON STOCK USD.1</title>
				<cusip>488401100</cusip>
				<identifiers>
					<isin value="US4884011002"/>
					<ticker value="KMPR"/>
					<other otherDesc="SEDOL Number" value="B52KRV2"/>
				</identifiers>
				<balance>9689</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>464103.1</valUSD>
				<pctVal>0.8629097423</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>KENNAMETAL INC</name>
				<lei>549300GZDSG25XUV0Y08</lei>
				<title>COMMON STOCK USD1.25</title>
				<cusip>489170100</cusip>
				<identifiers>
					<isin value="US4891701009"/>
					<ticker value="KMT"/>
					<other otherDesc="SEDOL Number" value="2488121"/>
				</identifiers>
				<balance>25411</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>590297.53</valUSD>
				<pctVal>1.0975438205</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>KIRBY CORP</name>
				<lei>I7NO6FZO5GUCG585T325</lei>
				<title>COMMON STOCK USD.1</title>
				<cusip>497266106</cusip>
				<identifiers>
					<isin value="US4972661064"/>
					<ticker value="KEX"/>
					<other otherDesc="SEDOL Number" value="2493534"/>
				</identifiers>
				<balance>11729</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>713592.36</valUSD>
				<pctVal>1.3267866547</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>KONTOOR BRANDS INC</name>
				<lei>549300M0CPXV65RFF271</lei>
				<title>COMMON STOCK</title>
				<cusip>50050N103</cusip>
				<identifiers>
					<isin value="US50050N1037"/>
					<ticker value="KTB"/>
					<other otherDesc="SEDOL Number" value="BJTJGC4"/>
				</identifiers>
				<balance>11750</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>392097.5</valUSD>
				<pctVal>0.7290292883</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>LUXFER HOLDINGS PLC</name>
				<lei>21380045UF5SJYZOXE41</lei>
				<title>COMMON STOCK USD.5</title>
				<cusip>G5698W116</cusip>
				<identifiers>
					<isin value="GB00BNK03D49"/>
					<ticker value="LXFR"/>
					<other otherDesc="SEDOL Number" value="BF5GRT5"/>
				</identifiers>
				<balance>17695</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>267548.4</valUSD>
				<pctVal>0.4974543822</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>GB</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>LXP INDUSTRIAL TRUST</name>
				<lei>549300S4MH2ICXDBFV43</lei>
				<title>REIT USD.0001</title>
				<cusip>529043101</cusip>
				<identifiers>
					<isin value="US5290431015"/>
					<ticker value="LXP"/>
					<other otherDesc="SEDOL Number" value="2139151"/>
				</identifiers>
				<balance>15857</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>170304.18</valUSD>
				<pctVal>0.3166476071</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>MATERION CORP</name>
				<lei>549300CJ5RI351SUYT02</lei>
				<title>COMMON STOCK</title>
				<cusip>576690101</cusip>
				<identifiers>
					<isin value="US5766901012"/>
					<ticker value="MTRN"/>
					<other otherDesc="SEDOL Number" value="2149622"/>
				</identifiers>
				<balance>5323</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>392464.79</valUSD>
				<pctVal>0.7297121928</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>MONRO INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>610236101</cusip>
				<identifiers>
					<isin value="US6102361010"/>
					<ticker value="MNRO"/>
					<other otherDesc="SEDOL Number" value="2600088"/>
				</identifiers>
				<balance>9468</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>405987.84</valUSD>
				<pctVal>0.7548556827</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>NATIONAL INSTRUMENTS CORP</name>
				<lei>549300TP4OOPCYWDUP86</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>636518102</cusip>
				<identifiers>
					<isin value="US6365181022"/>
					<ticker value="NATI"/>
					<other otherDesc="SEDOL Number" value="2645078"/>
				</identifiers>
				<balance>7370</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>230165.1</valUSD>
				<pctVal>0.4279473831</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>NEENAH INC</name>
				<lei>8SR38IKUT3O1F1I6VH65</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>640079109</cusip>
				<identifiers>
					<isin value="US6400791090"/>
					<ticker value="NP"/>
					<other otherDesc="SEDOL Number" value="B03W0P7"/>
				</identifiers>
				<balance>10328</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>352597.92</valUSD>
				<pctVal>0.6555874768</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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 JERSEY RESOURCES CORP</name>
				<lei>549300QKBSQBIX4DQ583</lei>
				<title>COMMON STOCK USD2.5</title>
				<cusip>646025106</cusip>
				<identifiers>
					<isin value="US6460251068"/>
					<ticker value="NJR"/>
					<other otherDesc="SEDOL Number" value="2630513"/>
				</identifiers>
				<balance>6171</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>274794.63</valUSD>
				<pctVal>0.5109273421</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>NMI HOLDINGS INC CLASS A</name>
				<lei>529900KNNGFXJX1C3Z08</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>629209305</cusip>
				<identifiers>
					<isin value="US6292093050"/>
					<ticker value="NMIH"/>
					<other otherDesc="SEDOL Number" value="BGDW5G5"/>
				</identifiers>
				<balance>19648</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>327139.2</valUSD>
				<pctVal>0.6082519224</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>NOW INC</name>
				<lei>549300AVH5SOCFVVDW91</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>67011P100</cusip>
				<identifiers>
					<isin value="US67011P1003"/>
					<ticker value="DNOW"/>
					<other otherDesc="SEDOL Number" value="BMH0MV1"/>
				</identifiers>
				<balance>39180</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>383180.4</valUSD>
				<pctVal>0.7124496695</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>OFG BANCORP</name>
				<lei>549300Q4QEXJ37LEXQ06</lei>
				<title>COMMON STOCK USD1.0</title>
				<cusip>67103X102</cusip>
				<identifiers>
					<isin value="PR67103X1020"/>
					<ticker value="OFG"/>
					<other otherDesc="SEDOL Number" value="B87LKR8"/>
				</identifiers>
				<balance>35528</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>902411.2</valUSD>
				<pctVal>1.6778586828</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>PR</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>OLD NATIONAL BANCORP</name>
				<lei>549300MMK90CL5KMVX16</lei>
				<title>COMMON STOCK</title>
				<cusip>680033107</cusip>
				<identifiers>
					<isin value="US6800331075"/>
					<ticker value="ONB"/>
					<other otherDesc="SEDOL Number" value="2658441"/>
				</identifiers>
				<balance>48402</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>715865.58</valUSD>
				<pctVal>1.3310132666</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>ORION ENGINEERED CARBONS SA</name>
				<lei>N/A</lei>
				<title>COMMON STOCK</title>
				<cusip>L72967109</cusip>
				<identifiers>
					<isin value="LU1092234845"/>
					<ticker value="OEC"/>
					<other otherDesc="SEDOL Number" value="BP8FKJ0"/>
				</identifiers>
				<balance>14625</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>227126.25</valUSD>
				<pctVal>0.4222972306</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>LU</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>OWENS + MINOR INC</name>
				<lei>549300LMT5KQQXCEZ733</lei>
				<title>COMMON STOCK USD2.0</title>
				<cusip>690732102</cusip>
				<identifiers>
					<isin value="US6907321029"/>
					<ticker value="OMI"/>
					<other otherDesc="SEDOL Number" value="2665128"/>
				</identifiers>
				<balance>12323</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>387558.35</valUSD>
				<pctVal>0.7205896188</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>PEBBLEBROOK HOTEL TRUST</name>
				<lei>5493004Q1NNH6JXCSI52</lei>
				<title>REIT USD.01</title>
				<cusip>70509V100</cusip>
				<identifiers>
					<isin value="US70509V1008"/>
					<ticker value="PEB"/>
					<other otherDesc="SEDOL Number" value="B4XBDV9"/>
				</identifiers>
				<balance>17767</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>294399.19</valUSD>
				<pctVal>0.5473782209</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>PHILLIPS EDISON + COMPANY IN</name>
				<lei>549300UC1QJSQ49IC243</lei>
				<title>REIT USD.01</title>
				<cusip>71844V201</cusip>
				<identifiers>
					<isin value="US71844V2016"/>
					<ticker value="PECO"/>
					<other otherDesc="SEDOL Number" value="BN48ZR2"/>
				</identifiers>
				<balance>10481</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>350170.21</valUSD>
				<pctVal>0.6510736207</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>PHOTRONICS INC</name>
				<lei>549300OK5JVNIBNY6F63</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>719405102</cusip>
				<identifiers>
					<isin value="US7194051022"/>
					<ticker value="PLAB"/>
					<other otherDesc="SEDOL Number" value="2687315"/>
				</identifiers>
				<balance>30155</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>587419.4</valUSD>
				<pctVal>1.0921924958</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>PIEDMONT OFFICE REALTY TRU A</name>
				<lei>N/A</lei>
				<title>REIT USD.01</title>
				<cusip>720190206</cusip>
				<identifiers>
					<isin value="US7201902068"/>
					<ticker value="PDM"/>
					<other otherDesc="SEDOL Number" value="B3M3278"/>
				</identifiers>
				<balance>24585</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>322555.2</valUSD>
				<pctVal>0.5997288631</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PORTLAND GENERAL ELECTRIC CO</name>
				<lei>GJOUP9M7C39GLSK9R870</lei>
				<title>COMMON STOCK</title>
				<cusip>736508847</cusip>
				<identifiers>
					<isin value="US7365088472"/>
					<ticker value="POR"/>
					<other otherDesc="SEDOL Number" value="B125XQ6"/>
				</identifiers>
				<balance>5046</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>243873.18</valUSD>
				<pctVal>0.4534349004</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>POST HOLDINGS INC</name>
				<lei>JM1I5YUAURL6DC8N1468</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>737446104</cusip>
				<identifiers>
					<isin value="US7374461041"/>
					<ticker value="POST"/>
					<other otherDesc="SEDOL Number" value="B6T0518"/>
				</identifiers>
				<balance>2954</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>243261.9</valUSD>
				<pctVal>0.4522983437</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>POTLATCHDELTIC CORP</name>
				<lei>54930084YA8UJOTXDM59</lei>
				<title>REIT USD1.0</title>
				<cusip>737630103</cusip>
				<identifiers>
					<isin value="US7376301039"/>
					<ticker value="PCH"/>
					<other otherDesc="SEDOL Number" value="B0XXJN1"/>
				</identifiers>
				<balance>5070</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>224043.3</valUSD>
				<pctVal>0.4165650828</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>PRIMORIS SERVICES CORP</name>
				<lei>549300UF3OLBJ8D5K349</lei>
				<title>COMMON STOCK USD.0001</title>
				<cusip>74164F103</cusip>
				<identifiers>
					<isin value="US74164F1030"/>
					<ticker value="PRIM"/>
					<other otherDesc="SEDOL Number" value="B1GC200"/>
				</identifiers>
				<balance>12002</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>261163.52</valUSD>
				<pctVal>0.4855829357</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>PROASSURANCE CORP</name>
				<lei>54930015E5J57R675E89</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>74267C106</cusip>
				<identifiers>
					<isin value="US74267C1062"/>
					<ticker value="PRA"/>
					<other otherDesc="SEDOL Number" value="2612737"/>
				</identifiers>
				<balance>14058</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>332190.54</valUSD>
				<pctVal>0.6176439099</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>PROGRESS SOFTWARE CORP</name>
				<lei>549300R65B3JG6972S24</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>743312100</cusip>
				<identifiers>
					<isin value="US7433121008"/>
					<ticker value="PRGS"/>
					<other otherDesc="SEDOL Number" value="2705198"/>
				</identifiers>
				<balance>10287</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>466001.1</valUSD>
				<pctVal>0.8664387054</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>REINSURANCE GROUP OF AMERICA</name>
				<lei>LORM1GNEU1DKEW527V90</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>759351604</cusip>
				<identifiers>
					<isin value="US7593516047"/>
					<ticker value="RGA"/>
					<other otherDesc="SEDOL Number" value="2731193"/>
				</identifiers>
				<balance>3680</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>431627.2</valUSD>
				<pctVal>0.8025271021</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>Repurchase Agreement</name>
				<lei>549300H47WTHXPU08X20</lei>
				<title>FIXED INC CLEARING CORP.REPO</title>
				<cusip>85748R009</cusip>
				<identifiers>
					<isin value="US85748R0096"/>
				</identifiers>
				<balance>935448.9</balance>
				<units>PA</units>
				<curCd>USD</curCd>
				<valUSD>935448.9</valUSD>
				<pctVal>1.7392858812</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>RA</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<repurchaseAgrmt>
					<transCat>Repurchase</transCat>
					<notClearedCentCparty isCleared="N">
						<counterpartyInfos>
							<counterpartyInfo lei="549300H47WTHXPU08X20" name="Fixed Income Clearing Corp."/>
						</counterpartyInfos>
					</notClearedCentCparty>
					<isTriParty>N</isTriParty>
					<repurchaseRt>0.24</repurchaseRt>
					<maturityDt>2022-07-01</maturityDt>
					<repurchaseCollaterals>
						<repurchaseCollateral>
							<principalAmt>955300</principalAmt>
							<principalCd>USD</principalCd>
							<collateralVal>954254.9</collateralVal>
							<collateralCd>USD</collateralCd>
							<invstCat>UST</invstCat>
						</repurchaseCollateral>
					</repurchaseCollaterals>
				</repurchaseAgrmt>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>RPT REALTY</name>
				<lei>N/A</lei>
				<title>REIT USD.01</title>
				<cusip>74971D101</cusip>
				<identifiers>
					<isin value="US74971D1019"/>
					<ticker value="RPT"/>
					<other otherDesc="SEDOL Number" value="BG0YLC2"/>
				</identifiers>
				<balance>36716</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>360918.28</valUSD>
				<pctVal>0.6710575732</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>SCIENCE APPLICATIONS INTE</name>
				<lei>549300LZPNZIXQGZPZ48</lei>
				<title>COMMON STOCK USD.0001</title>
				<cusip>808625107</cusip>
				<identifiers>
					<isin value="US8086251076"/>
					<ticker value="SAIC"/>
					<other otherDesc="SEDOL Number" value="BDTZZG7"/>
				</identifiers>
				<balance>5061</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>471179.1</valUSD>
				<pctVal>0.8760661925</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>SEALED AIR CORP</name>
				<lei>Q0M0CZB4YN6JZ65WXI09</lei>
				<title>COMMON STOCK USD.1</title>
				<cusip>81211K100</cusip>
				<identifiers>
					<isin value="US81211K1007"/>
					<ticker value="SEE"/>
					<other otherDesc="SEDOL Number" value="2232793"/>
				</identifiers>
				<balance>10437</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>602423.64</valUSD>
				<pctVal>1.1200899713</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>SHUTTERSTOCK INC</name>
				<lei>529900G2TDIS56V0LO22</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>825690100</cusip>
				<identifiers>
					<isin value="US8256901005"/>
					<ticker value="SSTK"/>
					<other otherDesc="SEDOL Number" value="B7ZR219"/>
				</identifiers>
				<balance>5031</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>288326.61</valUSD>
				<pctVal>0.5360874356</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>SIRIUSPOINT LTD</name>
				<lei>2LTXLGOFX5N78LZ32691</lei>
				<title>COMMON STOCK USD.1</title>
				<cusip>G8192H106</cusip>
				<identifiers>
					<isin value="BMG8192H1060"/>
					<ticker value="SPNT"/>
					<other otherDesc="SEDOL Number" value="BMCQX44"/>
				</identifiers>
				<balance>35272</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>191174.24</valUSD>
				<pctVal>0.3554514378</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>BM</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>SPECTRUM BRANDS HOLDINGS INC</name>
				<lei>549300JM0MJETDD30O20</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>84790A105</cusip>
				<identifiers>
					<isin value="US84790A1051"/>
					<ticker value="SPB"/>
					<other otherDesc="SEDOL Number" value="BDRYFB1"/>
				</identifiers>
				<balance>7526</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>617282.52</valUSD>
				<pctVal>1.1477171781</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>SPIRE INC</name>
				<lei>549300NXSY15DRY2R511</lei>
				<title>COMMON STOCK USD1.0</title>
				<cusip>84857L101</cusip>
				<identifiers>
					<isin value="US84857L1017"/>
					<ticker value="SR"/>
					<other otherDesc="SEDOL Number" value="BYXJQG9"/>
				</identifiers>
				<balance>2886</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>214631.82</valUSD>
				<pctVal>0.3990662603</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>STANDEX INTERNATIONAL CORP</name>
				<lei>RCX52GR0JW2LRRMH9Z54</lei>
				<title>COMMON STOCK USD1.5</title>
				<cusip>854231107</cusip>
				<identifiers>
					<isin value="US8542311076"/>
					<ticker value="SXI"/>
					<other otherDesc="SEDOL Number" value="2840174"/>
				</identifiers>
				<balance>4566</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>387105.48</valUSD>
				<pctVal>0.7197475949</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>STERLING CHECK CORP</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>85917T109</cusip>
				<identifiers>
					<isin value="US85917T1097"/>
					<ticker value="STER"/>
					<other otherDesc="SEDOL Number" value="BMHT0H0"/>
				</identifiers>
				<balance>13804</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>225143.24</valUSD>
				<pctVal>0.418610208</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<loanByFundCondition isLoanByFund="Y" loanVal="222876.15"/>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>SUNOPTA INC</name>
				<lei>54930010CP0KEPPRPA40</lei>
				<title>COMMON STOCK</title>
				<cusip>8676EP108</cusip>
				<identifiers>
					<isin value="CA8676EP1086"/>
					<ticker value="STKL"/>
					<other otherDesc="SEDOL Number" value="2836634"/>
				</identifiers>
				<balance>49350</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>383943</valUSD>
				<pctVal>0.7138675764</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>CA</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>SUPER MICRO COMPUTER INC</name>
				<lei>54930022CZO1N2UGVW07</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>86800U104</cusip>
				<identifiers>
					<isin value="US86800U1043"/>
					<ticker value="SMCI"/>
					<other otherDesc="SEDOL Number" value="B1VQR35"/>
				</identifiers>
				<balance>18450</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>744457.5</valUSD>
				<pctVal>1.3841743989</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>SYNEOS HEALTH INC</name>
				<lei>549300F1ZGKDS8P6GU13</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>87166B102</cusip>
				<identifiers>
					<isin value="US87166B1026"/>
					<ticker value="SYNH"/>
					<other otherDesc="SEDOL Number" value="BFMZ4V6"/>
				</identifiers>
				<balance>5923</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>424560.64</valUSD>
				<pctVal>0.7893882037</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>SYNOVUS FINANCIAL CORP</name>
				<lei>549300EIUS8UN5JTLE54</lei>
				<title>COMMON STOCK USD1.0</title>
				<cusip>87161C501</cusip>
				<identifiers>
					<isin value="US87161C5013"/>
					<ticker value="SNV"/>
					<other otherDesc="SEDOL Number" value="BMH4NJ8"/>
				</identifiers>
				<balance>9185</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>331119.25</valUSD>
				<pctVal>0.6156520538</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>TEXAS CAPITAL BANCSHARES INC</name>
				<lei>549300466Q2SXRX0YM48</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>88224Q107</cusip>
				<identifiers>
					<isin value="US88224Q1076"/>
					<ticker value="TCBI"/>
					<other otherDesc="SEDOL Number" value="2977209"/>
				</identifiers>
				<balance>16042</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>844450.88</valUSD>
				<pctVal>1.5700927041</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>THERMON GROUP HOLDINGS INC</name>
				<lei>529900ZNZBBLDE77MZ38</lei>
				<title>COMMON STOCK USD.001</title>
				<cusip>88362T103</cusip>
				<identifiers>
					<isin value="US88362T1034"/>
					<ticker value="THR"/>
					<other otherDesc="SEDOL Number" value="B3N6F00"/>
				</identifiers>
				<balance>13920</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>195576</valUSD>
				<pctVal>0.3636356572</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>TRI POINTE HOMES INC</name>
				<lei>N/A</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>87265H109</cusip>
				<identifiers>
					<isin value="US87265H1095"/>
					<ticker value="TPH"/>
					<other otherDesc="SEDOL Number" value="B92CQF3"/>
				</identifiers>
				<balance>19331</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>326113.97</valUSD>
				<pctVal>0.606345706</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>TRIMAS CORP</name>
				<lei>75G1WUQ8QK4P5MZOYD78</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>896215209</cusip>
				<identifiers>
					<isin value="US8962152091"/>
					<ticker value="TRS"/>
					<other otherDesc="SEDOL Number" value="B1XHRL4"/>
				</identifiers>
				<balance>20438</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>565928.22</valUSD>
				<pctVal>1.0522338129</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>TYMAN PLC</name>
				<lei>213800AAFUV5PKGQU848</lei>
				<title>COMMON STOCK GBP.05</title>
				<cusip>B29H42901</cusip>
				<identifiers>
					<isin value="GB00B29H4253"/>
					<ticker value="TYMN"/>
					<other otherDesc="SEDOL Number" value="B29H425"/>
				</identifiers>
				<balance>102846</balance>
				<units>NS</units>
				<currencyConditional curCd="GBP" exchangeRt="0.82149"/>
				<valUSD>298739.78</valUSD>
				<pctVal>0.5554487065</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>GB</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>2</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>UGI CORP</name>
				<lei>DX6GCWD4Q1JO9CRE5I40</lei>
				<title>COMMON STOCK</title>
				<cusip>902681105</cusip>
				<identifiers>
					<isin value="US9026811052"/>
					<ticker value="UGI"/>
					<other otherDesc="SEDOL Number" value="2910118"/>
				</identifiers>
				<balance>10485</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>404825.85</valUSD>
				<pctVal>0.7526951876</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>UMPQUA HOLDINGS CORP</name>
				<lei>5299002ENJ7CY215BW86</lei>
				<title>COMMON STOCK</title>
				<cusip>904214103</cusip>
				<identifiers>
					<isin value="US9042141039"/>
					<ticker value="UMPQ"/>
					<other otherDesc="SEDOL Number" value="2484389"/>
				</identifiers>
				<balance>41249</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>691745.73</valUSD>
				<pctVal>1.2861670814</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>UNIFIRST CORP/MA</name>
				<lei>5493003XBTNWBC8UK019</lei>
				<title>COMMON STOCK USD.1</title>
				<cusip>904708104</cusip>
				<identifiers>
					<isin value="US9047081040"/>
					<ticker value="UNF"/>
					<other otherDesc="SEDOL Number" value="2466428"/>
				</identifiers>
				<balance>2516</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>433204.88</valUSD>
				<pctVal>0.8054604922</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>UNITED NATURAL FOODS INC</name>
				<lei>549300GKGW6WPZ282D40</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>911163103</cusip>
				<identifiers>
					<isin value="US9111631035"/>
					<ticker value="UNFI"/>
					<other otherDesc="SEDOL Number" value="2895163"/>
				</identifiers>
				<balance>7575</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>298455</valUSD>
				<pctVal>0.5549192133</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>VISHAY PRECISION GROUP</name>
				<lei>N/A</lei>
				<title>COMMON STOCK</title>
				<cusip>92835K103</cusip>
				<identifiers>
					<isin value="US92835K1034"/>
					<ticker value="VPG"/>
					<other otherDesc="SEDOL Number" value="B603LG3"/>
				</identifiers>
				<balance>6946</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>202336.98</valUSD>
				<pctVal>0.3762063888</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>VISTEON CORP</name>
				<lei>549300MOVLYHRW4GGW78</lei>
				<title>COMMON STOCK</title>
				<cusip>92839U206</cusip>
				<identifiers>
					<isin value="US92839U2069"/>
					<ticker value="VC"/>
					<other otherDesc="SEDOL Number" value="B4N0JJ6"/>
				</identifiers>
				<balance>4699</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>486722.42</valUSD>
				<pctVal>0.9049659828</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>WEBSTER FINANCIAL CORP</name>
				<lei>KMRURHT0VWKYS6Z5KU67</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>947890109</cusip>
				<identifiers>
					<isin value="US9478901096"/>
					<ticker value="WBS"/>
					<other otherDesc="SEDOL Number" value="2945143"/>
				</identifiers>
				<balance>6591</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>277810.65</valUSD>
				<pctVal>0.5165350466</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>WHIRLPOOL CORP</name>
				<lei>WHENKOULSSK7WUM60H03</lei>
				<title>COMMON STOCK USD1.0</title>
				<cusip>963320106</cusip>
				<identifiers>
					<isin value="US9633201069"/>
					<ticker value="WHR"/>
					<other otherDesc="SEDOL Number" value="2960384"/>
				</identifiers>
				<balance>2850</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>441379.5</valUSD>
				<pctVal>0.8206596134</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>WHITE MOUNTAINS INSURANCE GP</name>
				<lei>549300N3FL068JERBG02</lei>
				<title>COMMON STOCK USD1.0</title>
				<cusip>G9618E107</cusip>
				<identifiers>
					<isin value="BMG9618E1075"/>
					<ticker value="WTM"/>
					<other otherDesc="SEDOL Number" value="2339252"/>
				</identifiers>
				<balance>486</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>605619.18</valUSD>
				<pctVal>1.1260314584</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>BM</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>WIDEOPENWEST INC</name>
				<lei>549300RM6J2BWWOFU889</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>96758W101</cusip>
				<identifiers>
					<isin value="US96758W1018"/>
					<ticker value="WOW"/>
					<other otherDesc="SEDOL Number" value="BYQN8D9"/>
				</identifiers>
				<balance>17092</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>311245.32</valUSD>
				<pctVal>0.5787003338</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>WILLSCOT MOBILE MINI HOLDING</name>
				<lei>549300HJ4VIXF476Q166</lei>
				<title>COMMON STOCK USD.0001</title>
				<cusip>971378104</cusip>
				<identifiers>
					<isin value="US9713781048"/>
					<ticker value="WSC"/>
					<other otherDesc="SEDOL Number" value="BMHL0Z4"/>
				</identifiers>
				<balance>21370</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>692815.4</valUSD>
				<pctVal>1.2881559254</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>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>WNS HOLDINGS LTD ADR</name>
				<lei>529900RM7QHUD3W9DM42</lei>
				<title>ADR USD.16</title>
				<cusip>92932M101</cusip>
				<identifiers>
					<isin value="US92932M1018"/>
					<ticker value="WNS"/>
					<other otherDesc="SEDOL Number" value="B194GX4"/>
				</identifiers>
				<balance>5382</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>401712.48</valUSD>
				<pctVal>0.7469064796</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>JE</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
			<invstOrSec>
				<name>WYNDHAM HOTELS + RESORTS INC</name>
				<lei>549300FE3MQ4RVXXC673</lei>
				<title>COMMON STOCK USD.01</title>
				<cusip>98311A105</cusip>
				<identifiers>
					<isin value="US98311A1051"/>
					<ticker value="WH"/>
					<other otherDesc="SEDOL Number" value="BF108P4"/>
				</identifiers>
				<balance>2839</balance>
				<units>NS</units>
				<curCd>USD</curCd>
				<valUSD>186579.08</valUSD>
				<pctVal>0.3469076286</pctVal>
				<payoffProfile>Long</payoffProfile>
				<assetCat>EC</assetCat>
				<issuerCat>CORP</issuerCat>
				<invCountry>US</invCountry>

				<isRestrictedSec>N</isRestrictedSec>

				<fairValLevel>1</fairValLevel>
				<securityLending>
					<isCashCollateral>N</isCashCollateral>
					<isNonCashCollateral>N</isNonCashCollateral>
					<isLoanByFund>N</isLoanByFund>
				</securityLending>
			</invstOrSec>
		</invstOrSecs>
		<explntrNotes>
			<explntrNote note="Assets and liabilities are reported on a trade date basis, consistent with the MassMutual Funds' financial statements. Differences between N-PORT reported values and the Funds' financial statements may occur due to foreign securities' mark-to-market adjustments, expense adjustments, and other non-material items identified by the fund administrator during the financial statement review process.&#10;" noteItem="B.1.a"/>
			<explntrNote note="Assets and liabilities are reported on a trade date basis, consistent with the MassMutual Funds' financial statements. Differences between N-PORT reported values and the Funds' financial statements may occur due to foreign securities' mark-to-market adjustments, expense adjustments, and other non-material items identified by the fund administrator during the financial statement review process.&#10;" noteItem="B.1.b"/>
			<explntrNote note="Assets and liabilities are reported on a trade date basis, consistent with the MassMutual Funds' financial statements. Differences between N-PORT reported values and the Funds' financial statements may occur due to foreign securities' mark-to-market adjustments, expense adjustments, and other non-material items identified by the fund administrator during the financial statement review process.&#10;" noteItem="B.1.c"/>
			<explntrNote note="Payable amount for investments purchased on a delayed&#10;delivery, when issued, or other firm commitment basis generally is determined based on&#10;the number of days between trade date and settlement date.  Payable amount for purchases of bank loan securities for&#10;which the settlement date is unknown also are included." noteItem="B.2.d"/>
			<explntrNote note="Amounts reported include U.S. Dollar cash and the base equivalent of foreign currency balances (identified cost plus unrealized gain/loss). Amounts are derived from the fund's General Ledger and may differ from financial statements due to adjustments made by the fund administrator during the financial statement review process. " noteItem="B.2.f"/>
			<explntrNote note="DV01 indicates the estimated change in the price of the security given a one basis point change in the 'yield to worst' or the sensitivity of the security's value to a one basis point parallel shift in the yield curve. For floating rate securities, the value of DV01 is calculated by scaling the Effective Duration by 1/100th. For derivatives, when calculating the value of DV01, it is assumed that the volatility will not stay constant given a shift in the yield curve. Accordingly, the DV01 result shows the anticipated move in the present value/market value given a one basis point shift in the yield curve. Risk metrics at the security level are provided by a third-party vendor (ICE). As of the current filing, ICE has gaps in its coverage (e.g., certain CMOs, options on futures, non-U.S. futures). We have attempted to gather missing information from the Funds' subadvisers; however, missing security-level risk metrics may result in non-material errors in portfolio-level calculations._x000D_&#10;" noteItem="B.3.a"/>
			<explntrNote note="DV100 is based on the Effective Duration of the security and is an option-adjusted measure. It represents the average change in a security's market value (price plus accrued interest) given both up and down 100 basis point shifts in the underlying government par yield curve. This calculation incorporates the effect of embedded optionality for corporate bonds and changes in prepayments for mortgage-backed securities. In the event that a bond's currency has no associated government yield curve, the U.S. Treasury curve is used for the calculation. Risk metrics at the security level are provided by a third-party vendor (ICE). As of the current filing, ICE has gaps in its coverage (e.g., certain CMOs, options on futures, non-U.S. futures). We have attempted to gather missing information from the Funds' subadvisers; however, missing security-level risk metrics may result in non-material errors in portfolio-level calculations._x000D_&#10;" noteItem="B.3.b"/>
			<explntrNote note="CS01 measures the change in price for a one basis point change in the Option Adjusted Spread (OAS) of the bond. It is calculated by shifting the bond's OAS up and down one basis point and observing the average change from the starting Input Price, holding the term structure of interest rates and volatility assumptions constant. This indicates the sensitivity of price to a change in the risk premium demanded by the market. CS01 is not computed for most derivatives, except for single-name Credit Default Swaps. Since Treasuries are insensitive to changes in credit spread/risk premiums, a spread duration of zero is assumed. Risk metrics at the security level are provided by a third-party vendor (ICE). As of the current filing, ICE has gaps in its coverage (e.g., certain CMOs, options on futures, non-U.S. futures). We have attempted to gather missing information from the Funds' subadvisers; however, missing security-level risk metrics may result in non-material errors in portfolio-level calculations._x000D_&#10;" noteItem="B.3.c"/>
			<explntrNote note="The market value of securities on loan as calculated by the Lending Agent may differ from the market value of those securities using the fund's approved pricing services. Due to this difference in pricing sources, the aggregate market value of securities on loan for a fund as reported on Form N-PORT may differ from the total value of securities on loan reported in the Notes to Portfolio of Investments in a fund's annual financial statement." noteItem="B.4.a.iii"/>
			<explntrNote note="Beginning in December 2019, the MassMutual Funds began accepting non-cash collateral in the securities lending program. The aggregate value of non-cash collateral reported includes the actual principal amount of that collateral as of the close of business on month-end but the market value is calculated based on the prior day's price." noteItem="B.4.b.ii"/>
			<explntrNote note="Monthly total returns for each share class are calculated by the Funds' Sub-Administrator, State Street Bank. The returns are reported without deducting sales loads and redemption fees." noteItem="B.5.a"/>

			<explntrNote note="TBAs are reported as securities rather than as derivatives." noteItem="C.1.a"/>
			<explntrNote note="Certain derivative investments (e.g., options, futures and swaps), private investments, commercial paper, bank loans, and reverse repurchase agreements do not have a standard industry CUSIP and are assigned a 'dummy' CUSIP number by the Funds' Custodian, State Street Bank. Foreign currency forwards do not have a CUSIP in the Custodian's system." noteItem="C.1.d"/>
			<explntrNote note="Certain derivative investments (e.g., OTC options and swaps), private investments, commercial paper, and reverse repurchase agreements do not have an ISIN, SEDOL, ticker or other industry-recognized identifier. For bank loans, we provide the Bank Loan LNX ID. For foreign currency forwards, we provide the Custodian's trade identification number. For investments for which no standard industry or other identifier is available, we are responding with N/A and a description of 'Additional identifier not available.'" noteItem="C.1.e.iii"/>
			<explntrNote note="Issuer type for certain SLM Student Loan Trust asset-backed securities is reported as USGA (U.S. government agency) even though the security may have been issued by Sallie Mae as a private entity. The third-party vendor (ICE) provides the issuer type classification and is unable at this time to differentiate Sallie Mae securities issued prior to or after termination of the entity's federal charter." noteItem="C.4.b"/>
			<explntrNote note="Country codes tagged as N/A indicate that the security is a cross-border supranational/multinational." noteItem="C.5.a"/>

			<explntrNote note="Restricted securities include any equity or fixed income security acquired in a private offering, or any fixed income security flagged by a third-party vendor as exempt from registration under Rule 144A or Regulation S of the Security Act of 1933." noteItem="C.6"/>

			<explntrNote note="Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Level 1 - Quoted prices (unadjusted) in active markets for identical investments that the Fund can access at the measurement date. Level 1 securities generally include actively traded domestic equity securities and American Depository Receipts, derivatives actively traded on a national securities exchange (such as futures and options), and shares of open-end mutual funds. Level 2 - Other significant observable inputs, including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc. Level 2 securities generally include debt securities such as U.S. Government and agency securities, mortgage-backed and asset-backed securities, municipal obligations, sovereign debt obligations, bank loans, corporate bonds, and securities valued at amortized cost; OTC derivatives such as swaps, options, swaptions, and forward foreign currency exchange contracts; broker-quoted securities; and non-exchange traded equity securities and equity securities traded on foreign exchanges._x000D_&#10;Level 3 - Significant unobservable inputs, including the Funds'/Fund's own assumptions in determining the fair value of investments). Level 3 securities include securities for which prices, spreads, or any other significant inputs are unobservable. Generally, securities whose trading has been suspended or that have been delisted from their primary trading exchange; securities in default or bankruptcy proceedings for which there is no current market quotation; and securities acquired in a non-public offering and for which there is no active market are categorized as Level 3." noteItem="C.8"/>
			<explntrNote note="Perpetual bonds held in the MassMutual Funds reflect a maturity date of 2099-12-31." noteItem="C.9.a"/>
			<explntrNote note="Instruments are classified as Floating when the coupon rate is determined by a formula that includes an index and margin. Other non-fixed coupon types are mapped as Variable. If an instrument has a fixed coupon rate of 0%, the coupon type will be mapped as None. For fixed-to-float instruments, coupon type will be Variable during the fixed period and Floating after the trigger date." noteItem="C.9.b.i"/>
			<explntrNote note="Certain securities flagged as both mandatory convertible and contingent convertible by the third-party vendor are redeemable or become convertible upon occurrence of some condition or event, e.g., default, tax change, or other trigger event. Related convertible data (description of reference instrument, conversion ratio, delta) is reported as N/A because it is unknown when or if the event will occur." noteItem="C.9.f.iii"/>
			<explntrNote note="Certain securities flagged as both mandatory convertible and contingent convertible by the third-party vendor are redeemable or become convertible upon occurrence of some condition or event, e.g., default, tax change, or other trigger event. Related convertible data (description of reference instrument, conversion ratio, delta) is reported as N/A because it is unknown when or if the event will occur." noteItem="C.9.f.iv"/>

			<explntrNote note="For certain unlisted warrants, information regarding exercise terms and underlying reference instruments are not available at this time." noteItem="C.11.c.iii.3"/>
			<explntrNote note="For certain unlisted warrants, information regarding exercise terms and underlying reference instruments are not available at this time." noteItem="C.11.c.iv"/>
			<explntrNote note="For certain unlisted warrants, information regarding exercise terms and underlying reference instruments are not available at this time." noteItem="C.11.c.v"/>

			<explntrNote note="Certain currency forward contracts or options on currency forward contracts have been executed by counterparties for currency CNH, China's offshore Yuan traded outside mainland China. Our filing reflects currency code CNY, the Yuan traded within mainland China. Since CNY and CNH both refer to the Chinese currency and CNH is not an option for the filing, we have substituted CNY for CNH, as needed._x000D_&#10;" noteItem="C.11.e.i"/>
			<explntrNote note="Certain currency forward contracts or options on currency forward contracts have been executed by counterparties for currency CNH, China's offshore Yuan traded outside mainland China. Our filing reflects currency code CNY, the Yuan traded within mainland China. Since CNY and CNH both refer to the Chinese currency and CNH is not an option for the filing, we have substituted CNY for CNH, as needed._x000D_&#10;" noteItem="C.11.e.ii"/>
			<explntrNote note="The market value of securities on loan as calculated by the Lending Agent may differ from the market value of those securities using the fund's approved pricing services. Due to this difference in pricing sources, the aggregate market value of securities on loan for a fund as reported on Form N-PORT may differ from the total value of securities on loan reported in the Notes to Portfolio of Investments in a fund's annual financial statement." noteItem="C.12.c"/>
		</explntrNotes>
		<signature>
			<ncom:dateSigned>2022-08-24</ncom:dateSigned>
			<ncom:nameOfApplicant>MASSMUTUAL SELECT FUNDS</ncom:nameOfApplicant>
			<ncom:signature>/s/ Renee Hitchcock</ncom:signature>
			<ncom:signerName>Renee Hitchcock</ncom:signerName>
			<ncom:title>Treasurer and CFO</ncom:title>
		</signature>
	</formData>
	<documents>XXXX</documents>
</edgarSubmission>
