Pzena Mid Cap Value Fund
Schedule of Investments - November 30, 2023 (Unaudited)
Shares			Fair Value
		Common Stocks —96.3%
		Basic Materials — 6.4%
	99,810	Dow, Inc.	$	5,165,168
	78,294	Olin Corp.		3,690,779
				8,855,947
		Consumer Discretionary — 18.8%
	47,816	Advance Auto Parts, Inc.		2,428,575
	193,542	Gap, Inc.		3,884,388
	113,400	Gildan Activewear, Inc. (b)		4,106,214
	38,836	Lear Corp.		5,194,315
	70,178	Magna International, Inc. (b)		3,783,296
	266,306	Newell Brands, Inc.		2,031,915
	31,602	PVH Corp.		3,090,043
	25,487	Skechers U.S.A., Inc. - Class A (a)		1,501,439
				26,020,185
		Consumer Staples — 2.4%
	69,462	Tyson Foods, Inc. - Class A		3,253,600
		Energy — 2.1%
	157,957	NOV, Inc.		2,972,751
		Financials — 26.2%
	44,448	Axis Capital Holdings, Ltd. (b)		2,504,200
	167,112	CNO Financial Group, Inc.		4,428,468
	27,060	Comerica, Inc.		1,223,653
	151,107	Equitable Holdings, Inc.		4,637,474
	64,017	Fidelity National Financial, Inc.		2,870,522
	99,320	Fifth Third Bancorp		2,875,314
	29,239	Globe Life, Inc.		3,600,198
	101,065	Invesco, Ltd.		1,442,198
	149,012	KeyCorp		1,846,259
	31,649	MetLife, Inc.		2,013,826
	27,368	Reinsurance Group of America, Inc.		4,462,626
	59,534	Voya Financial, Inc.		4,257,276
				36,162,014
		Health Care — 7.9%
	133,050	Baxter International, Inc.		4,800,444
	2,333	Cardinal Health, Inc.		249,818
	178,797	Fresenius Medical Care AG & Co. KGaA - ADR		3,667,127
	32,143	Henry Schein, Inc. (a)		2,144,902
				10,862,291
		Industrials — 15.7%
	23,690	Acuity Brands, Inc.		4,246,669
	109,366	Axalta Coating Systems, Ltd. (a)		3,441,748
	23,709	Capital One Financial Corp.		2,647,347
	25,146	Global Payments, Inc.		2,928,000
	219,746	JELD-WEN Holding, Inc. (a)		3,511,541
	24,134	Mohawk Industries, Inc. (a)		2,131,274
	23,673	Wabtec Corp.		2,759,325
				21,665,904
		Technology — 14.3%
	78,704	Avnet, Inc.		3,680,199
	62,496	Cognizant Technology Solutions Corp. - Class A		4,398,468
	7,691	Concentrix Corp.		722,877
	29,408	Leidos Holdings, Inc.		3,156,067
	14,381	Skyworks Solutions, Inc.		1,393,950
	68,168	SS&C Technologies Holdings, Inc.		3,835,132
	19,843	TE Connectivity, Ltd. (c)		2,599,433
				19,786,126
		Utilities — 2.5%
	51,193	Edison International		3,429,419
		Total Common Stocks (Cost $116,418,412)		133,008,237
		Short-Term Investment — 3.3% Money Market Fund — 3.3%
	4,545,717	Fidelity Institutional Government Portfolio, Institutional Class, 5.24% (d)		4,545,717
		Total Short-Term Investment (Cost $4,545,717)		4,545,717
		Total Investments (Cost $120,964,129) — 99.6%		137,553,954
		Other Assets in Excess of Liabilities — 0.4%		621,602
		Total Net Assets — 100.00%	$	138,175,556
Percentages are stated as a percent of net assets.

ADR - American Depositary Receipt

AG - Aktiengesellschaft

KGaA - Kommanditgesellschaft Auf Aktien

(a)	Non-income producing security.
(b)	Foreign issued security
(c)	U.S. traded security of a foreign issuer.
(d)	Rate shown represents the 7-day annualized yield as of November 30, 2023.

 Note: For presentation purposes, the Fund has grouped some of the industry categories. For purposes of categorizing

securities for compliance with Section 8(b)(1) of the Investment Company Act of 1940, as amended, the Fund uses

more specific industry classifications.

Pzena Mid Cap Value Fund

Summary of Fair Value Disclosure at November 30, 2023 (Unaudited)

The Fund utilizes various methods to measure the fair value of its investments on a recurring basis. Accounting principles generally accepted in the United States of America ("U.S. GAAP") establish a hierarchy that prioritizes inputs to valuation methods. The three levels of inputs are:

Level 1 - Unadjusted quoted prices in active markets for identical assets or liabilities that the Fund has the ability to access.

Level 2 - Observable inputs other than quoted prices included in Level 1 that are observable for the asset or liability, either directly or indirectly. These inputs may include quoted prices for the identical instrument on an inactive market, prices for similar instruments, interest rates, prepayment speeds, credit risk, yield curves, default rates and similar data.

Level 3 - Unobservable inputs for the asset or liability, to the extent relevant observable inputs are not available, representing the Fund's own assumptions about the assumptions a market participant would use in valuing the asset or liability, and would be based on the best information available.

The following is a summary of the inputs used to value the Fund's investments as of November 30, 2023:

Pzena Mid Cap Value Fund
	Level 1		Level 2		Level 3		Total
Common Stocks
Basic Materials	$	8,855,947	$	–	$	–	$	8,855,947
Consumer Discretionary		26,020,185		–		–		26,020,185
Consumer Staples		3,253,600		–		–		3,253,600
Energy		2,972,751		–		–		2,972,751
Financials		36,162,014		–		–		36,162,014
Health Care		10,862,291		–		–		10,862,291
Industrials		21,665,904		–		–		21,665,904
Technology		19,786,126		–		–		19,786,126
Utilities		3,429,419		–		–		3,429,419
Total Common Stocks		133,008,237		–		–		133,008,237
Short-Term Investment		4,545,717		–		–		4,545,717
Total Investments	$	137,553,954	$	–	$	–	$	137,553,954
Refer to the Fund's schedule of investments for a detailed break-out of securities by industry classification.