NPORT-EX 2 sc.htm

Column Small Cap Fund
Schedule of Investments
as of May 31, 2024 (Unaudited)

COMMON STOCKS - 94.5%
  
Shares
    
Value
Aerospace & Defense - 1.6%
    
AAR Corp.(a)
  
7,552
   $
 536,116
Babcock International Group PLC
  
48,659
    
   351,118
BWX Technologies, Inc.
  
7,375
    
   679,459
CAE, Inc.(a)
  
13,445
    
   252,436
Embraer SA - ADR(a)
  
13,006
    
   361,437
Leonardo DRS, Inc.(a)
  
30,689
    
   722,726
Melrose Industries PLC
  
62,180
    
   493,081
Mercury Systems, Inc.(a)
  
10,229
    
   316,588
Moog, Inc. - Class A
  
2,344
    
   397,144
QinetiQ Group PLC
  
286,900
    
   1,639,790
Senior PLC
  
317,578
    
   655,302
VirTra, Inc.(a)
  
1,301
    
   11,917
         
   6,417,114
             
Air Freight & Logistics - 0.4%
    
Air Transport Services Group, Inc.(a)
  
6,614
    
   89,289
Cargojet, Inc.
  
5,821
    
   474,239
GXO Logistics, Inc.(a)
  
14,549
    
   730,796
Hub Group, Inc. - Class A
  
6,893
    
   297,433
         
   1,591,757
             
Automobile Components - 1.4%
    
Adient PLC(a)
  
11,537
    
   325,805
American Axle & Manufacturing Holdings, Inc.(a)
  
11,207
    
   85,621
Dana, Inc.
  
8,764
    
   123,222
Fox Factory Holding Corp.(a)
  
50,421
    
   2,350,627
Gentherm, Inc.(a)
  
8,784
    
   473,809
Goodyear Tire & Rubber Co.(a)
  
52,968
    
   652,036
Holley, Inc.(a)
  
143,835
    
   552,326
LCI Industries
  
4,287
    
   471,056
Motorcar Parts of America, Inc.(a)
  
1,574
    
   8,012
Patrick Industries, Inc.
  
1,890
    
   216,594
Phinia, Inc.
  
4,780
    
   213,953
Standard Motor Products, Inc.
  
1,794
    
   55,094
Stoneridge, Inc.(a)
  
2,330
    
   36,977
         
   5,565,132
             
Automobiles - 0.2%
    
Harley-Davidson, Inc.
  
12,570
    
   451,012
Thor Industries, Inc.
  
49
    
   4,863
Winnebago Industries, Inc.
  
5,730
    
   355,546
         
   811,421
             
Banks - 8.7%
    
1st Source Corp.
  
773
    
   39,748
ACNB Corp.
  
668
    
   21,089
Amalgamated Financial Corp.
  
1,815
    
   45,883
Amerant Bancorp, Inc.
  
2,129
    
   46,923
Ameris Bancorp
  
4,820
    
   240,759
Arrow Financial Corp.
  
1,187
    
   29,806
Associated Banc-Corp.
  
10,060
    
   215,485
Atlantic Union Bankshares Corp.
  
9,259
    
   302,121
Axos Financial, Inc.(a)
  
4,138
    
   222,914
Banc of California, Inc.
  
26,546
    
   367,928
BancFirst Corp.
  
25
    
   2,154
Bancorp, Inc.(a)
  
8,563
    
   287,631
Bank of Hawaii Corp.
  
4,910
    
   283,503
Bank of Marin Bancorp
  
923
    
   14,196
Bank of NT Butterfield & Son Ltd.
  
3,631
    
   123,708
Bank OZK
  
8,659
    
   362,639
BankUnited, Inc.
  
5,040
    
   144,598
Banner Corp.
  
2,340
    
   109,582
Bar Harbor Bankshares
  
953
    
   25,035
BayCom Corp.
  
438
    
   8,839
Berkshire Hills Bancorp, Inc.
  
2,711
    
   60,266
BOK Financial Corp.
  
797
    
   72,224
Bridgewater Bancshares, Inc.(a)
  
765
    
   8,622
Brookline Bancorp, Inc.
  
5,515
    
   47,705
Burke & Herbert Financial Services Corp.
  
512
    
   25,651
Business First Bancshares, Inc.
  
1,960
    
   42,042
Byline Bancorp, Inc.
  
2,079
    
   48,025
C&F Financial Corp.
  
123
    
   5,405
Cadence Bank
  
42,618
    
   1,216,744
Cambridge Bancorp
  
496
    
   33,202
Camden National Corp.
  
11,418
    
   370,172
Capital Bancorp, Inc.
  
382
    
   7,697
Capital City Bank Group, Inc.
  
856
    
   23,249
Carter Bankshares, Inc.(a)
  
1,424
    
   18,156
Cathay General Bancorp
  
4,726
    
   174,106
Central Pacific Financial Corp.
  
1,922
    
   38,978
Chemung Financial Corp.
  
162
    
   7,031
ChoiceOne Financial Services, Inc.
  
568
    
   14,018
City Holding Co.
  
20
    
   2,044
CNB Financial Corp./PA
  
1,526
    
   29,604
Coastal Financial Corp./WA(a)
  
707
    
   31,348
Codorus Valley Bancorp, Inc.
  
343
    
   7,546
Colony Bankcorp, Inc.
  
628
    
   7,586
Columbia Banking System, Inc.
  
62,708
    
   1,209,010
Comerica, Inc.
  
28,309
    
   1,450,553
Community Financial System, Inc.
  
3,885
    
   176,612
Community Trust Bancorp, Inc.
  
1,100
    
   46,321
Community West Bancshares
  
426
    
   7,400
ConnectOne Bancorp, Inc.
  
2,576
    
   48,017
CrossFirst Bankshares, Inc.(a)
  
2,964
    
   38,799
Cullen/Frost Bankers, Inc.
  
1,780
    
   180,812
Customers Bancorp, Inc.(a)
  
2,735
    
   123,895
Dime Community Bancshares, Inc.
  
2,761
    
   50,996
Eagle Bancorp, Inc.
  
1,978
    
   35,663
Enterprise Financial Services Corp.
  
2,476
    
   95,796
Equity Bancshares, Inc. - Class A
  
1,084
    
   36,531
Esquire Financial Holdings, Inc.
  
481
    
   22,015
Evans Bancorp, Inc.
  
201
    
   5,318
FB Financial Corp.
  
50
    
   1,850
Fidelity D&D Bancorp, Inc.
  
329
    
   15,210
Financial Institutions, Inc.
  
1,179
    
   20,762
First BanCorp/Puerto Rico
  
50,305
    
   891,908
First Bancorp/Southern Pines NC
  
11,120
    
   350,836
First Bancshares, Inc.
  
38
    
   963
First Bank/Hamilton NJ
  
1,610
    
   19,594
First Busey Corp.
  
3,646
    
   82,436
First Business Financial Services, Inc.
  
559
    
   19,012
First Commonwealth Financial Corp.
  
72,439
    
   978,651
First Financial Bancorp
  
5,907
    
   131,726
First Financial Bankshares, Inc.
  
4,405
    
   132,062
First Financial Corp./IN
  
764
    
   28,299
First Foundation, Inc.
  
66
    
   391
First Hawaiian, Inc.
  
178
    
   3,619
First Interstate BancSystem, Inc. - Class A
  
46,861
    
   1,243,691
First Merchants Corp.
  
4,030
    
   133,192
First Mid Bancshares, Inc.
  
1,408
    
   44,690
First of Long Island Corp.
  
696
    
   6,960
Flushing Financial Corp.
  
1,703
    
   21,662
FNB Corp./PA
  
24,141
    
   332,422
FS Bancorp, Inc.
  
253
    
   8,296
Fulton Financial Corp.
  
11,858
    
   199,689
German American Bancorp, Inc.
  
12,374
    
   391,637
Glacier Bancorp, Inc.
  
3,811
    
   142,455
Great Southern Bancorp, Inc.
  
702
    
   36,848
Hancock Whitney Corp.
  
6,700
    
   313,091
Hanmi Financial Corp.
  
2,235
    
   35,224
HarborOne Bancorp, Inc.
  
59
    
   614
HBT Financial, Inc.
  
457
    
   8,912
Heartland Financial USA, Inc.
  
2,566
    
   112,801
Heritage Commerce Corp.
  
4,001
    
   32,608
Heritage Financial Corp./WA
  
2,301
    
   41,717
HomeStreet, Inc.
  
24
    
   219
HomeTrust Bancshares, Inc.
  
999
    
   27,582
Hope Bancorp, Inc.
  
7,690
    
   80,976
Horizon Bancorp, Inc./IN
  
2,971
    
   36,306
Huntington Bancshares, Inc./OH
  
22,541
    
   313,771
Independent Bank Corp.
  
2,737
    
   139,012
Independent Bank Corp./MI
  
1,675
    
   41,976
International Bancshares Corp.
  
4,105
    
   233,287
Kearny Financial Corp./MD
  
76
    
   431
Lakeland Financial Corp.
  
1,445
    
   89,633
Macatawa Bank Corp.
  
2,377
    
   33,421
Mercantile Bank Corp.
  
1,209
    
   46,317
Metrocity Bankshares, Inc.
  
1,332
    
   32,834
Metropolitan Bank Holding Corp.(a)
  
738
    
   31,033
Mid Penn Bancorp, Inc.
  
976
    
   20,886
Midland States Bancorp, Inc.
  
1,681
    
   38,192
MidWestOne Financial Group, Inc.
  
651
    
   13,938
MVB Financial Corp.
  
672
    
   12,587
National Bank Holdings Corp. - Class A
  
17,166
    
   626,044
National Bankshares, Inc.
  
209
    
   6,429
Northeast Bank
  
475
    
   26,405
Northfield Bancorp, Inc.
  
2,447
    
   21,680
Northrim BanCorp, Inc.
  
428
    
   24,999
Northwest Bancshares, Inc.
  
7,200
    
   78,840
OceanFirst Financial Corp.
  
3,769
    
   56,723
OFG Bancorp
  
3,977
    
   147,785
Old National Bancorp/IN
  
22,819
    
   389,977
Old Second Bancorp, Inc.
  
3,088
    
   44,652
Orange County Bancorp, Inc.
  
178
    
   8,727
Origin Bancorp, Inc.
  
1,997
    
   62,446
Orrstown Financial Services, Inc.
  
820
    
   21,410
Pacific Premier Bancorp, Inc.
  
6,558
    
   145,850
Pathward Financial, Inc.
  
1,760
    
   93,826
Peapack-Gladstone Financial Corp.
  
1,094
    
   23,740
Penns Woods Bancorp, Inc.
  
73
    
   1,451
Peoples Bancorp, Inc./OH
  
17,803
    
   518,957
Peoples Financial Services Corp.
  
433
    
   16,883
Popular, Inc.
  
8,188
    
   728,814
Preferred Bank/Los Angeles CA
  
988
    
   73,823
Premier Financial Corp.
  
2,483
    
   48,940
Primis Financial Corp.
  
1,683
    
   17,655
Prosperity Bancshares, Inc.
  
15,602
    
   972,005
Provident Financial Services, Inc.
  
8,139
    
   117,202
QCR Holdings, Inc.
  
1,174
    
   66,531
RBB Bancorp
  
1,252
    
   22,999
Red River Bancshares, Inc.
  
162
    
   7,429
Republic Bancorp, Inc./KY - Class A
  
583
    
   30,194
S&T Bancorp, Inc.
  
2,499
    
   79,743
Sandy Spring Bancorp, Inc.
  
6,307
    
   147,836
Seacoast Banking Corp. of Florida
  
22,902
    
   542,090
ServisFirst Bancshares, Inc.
  
40,532
    
   2,504,878
Shore Bancshares, Inc.
  
1,871
    
   21,161
Simmons First National Corp. - Class A
  
7,585
    
   131,827
SmartFinancial, Inc.
  
996
    
   23,047
South Plains Financial, Inc.
  
846
    
   22,969
Southern First Bancshares, Inc.(a)
  
504
    
   13,845
Southern Missouri Bancorp, Inc.
  
616
    
   25,940
Southside Bancshares, Inc.
  
40
    
   1,072
SouthState Corp.
  
15,852
    
   1,225,518
Stellar Bancorp, Inc.
  
63
    
   1,423
Stock Yards Bancorp, Inc.
  
1,691
    
   79,223
Synovus Financial Corp.
  
5,217
    
   207,063
Texas Capital Bancshares, Inc.(a)
  
10,381
    
   625,767
Timberland Bancorp, Inc./WA
  
279
    
   6,905
Towne Bank/Portsmouth VA
  
4,381
    
   119,119
TriCo Bancshares
  
15,675
    
   596,904
Triumph Financial, Inc.(a)
  
35,259
    
   2,619,744
TrustCo Bank Corp. NY
  
1,255
    
   34,889
Trustmark Corp.
  
3,873
    
   112,898
UMB Financial Corp.
  
2,859
    
   235,696
United Bankshares, Inc./WV
  
21,905
    
   710,598
United Community Banks, Inc./GA
  
4,808
    
   123,373
Unity Bancorp, Inc.
  
290
    
   8,114
Univest Financial Corp.
  
1,879
    
   40,962
Valley National Bancorp
  
31,309
    
   223,233
Veritex Holdings, Inc.
  
3,654
    
   74,542
WaFd, Inc.
  
5,736
    
   160,665
Washington Trust Bancorp, Inc.
  
1,171
    
   30,739
Webster Financial Corp.
  
10,515
    
   464,973
West BanCorp, Inc.
  
973
    
   16,852
Westamerica BanCorp
  
1,868
    
   91,196
Western Alliance Bancorp
  
19,845
    
   1,250,830
Wintrust Financial Corp.
  
103
    
   10,157
WSFS Financial Corp.
  
29,586
    
   1,303,559
Zions Bancorp NA
  
25,020
    
   1,080,614
         
   35,062,309
             
Beverages - 0.3%
    
Coca-Cola Consolidated, Inc.
  
1,000
    
   981,040
MGP Ingredients, Inc.
  
3,385
    
   262,744
         
   1,243,784
             
Biotechnology - 1.8%
    
ADMA Biologics, Inc.(a)
  
48,699
    
   465,075
Alkermes PLC(a)
  
11,279
    
   263,929
Arcturus Therapeutics Holdings, Inc.(a)
  
2,958
    
   114,800
Arcutis Biotherapeutics, Inc.(a)
  
15,407
    
   128,803
Avid Bioservices, Inc.(a)
  
5,632
    
   45,563
Biohaven Ltd.(a)
  
3,017
    
   105,897
Blueprint Medicines Corp.(a)
  
4,541
    
   479,348
Bridgebio Pharma, Inc.(a)
  
10,341
    
   289,651
Celldex Therapeutics, Inc.(a)
  
2,795
    
   93,074
Centessa Pharmaceuticals PLC - ADR(a)
  
13,622
    
   117,558
Cytokinetics, Inc.(a)
  
6,189
    
   300,228
Eagle Pharmaceuticals, Inc./DE(a)
  
21
    
   73
Emergent BioSolutions, Inc.(a)
  
2,432
    
   13,862
Entrada Therapeutics, Inc.(a)
  
2,622
    
   40,562
Halozyme Therapeutics, Inc.(a)
  
22,057
    
   976,905
Insmed, Inc.(a)
  
10,974
    
   604,119
Keros Therapeutics, Inc.(a)
  
3,400
    
   159,358
Madrigal Pharmaceuticals, Inc.(a)
  
1,439
    
   339,834
Mineralys Therapeutics, Inc.(a)
  
10,103
    
   129,015
Natera, Inc.(a)
  
10,250
    
   1,091,933
Protagonist Therapeutics, Inc.(a)
  
6,003
    
   168,984
Puma Biotechnology, Inc.(a)
  
4,822
    
   18,565
Twist Bioscience Corp.(a)
  
6,226
    
   260,869
Tyra Biosciences, Inc.(a)
  
1,986
    
   32,213
Vaxcyte, Inc.(a)
  
6,417
    
   450,923
Vera Therapeutics, Inc.(a)
  
2,654
    
   100,825
Viking Therapeutics, Inc.(a)
  
6,217
    
   387,070
Voyager Therapeutics, Inc.(a)
  
6,066
    
   50,954
         
   7,229,990
             
Broadline Retail - 0.9%
    
Big Lots, Inc.(a)
  
2,101
    
   7,312
Dillard's, Inc. - Class A
  
6
    
   2,684
Kohl's Corp.
  
12,084
    
   270,561
Macy's, Inc.
  
21,996
    
   428,482
Nordstrom, Inc.
  
6,763
    
   149,462
Ollie's Bargain Outlet Holdings, Inc.(a)
  
29,968
    
   2,470,262
Savers Value Village, Inc.(a)
  
23,947
    
   324,721
         
   3,653,484
             
Building Products - 3.2%
    
AAON, Inc.
  
61,068
    
   4,583,153
Advanced Drainage Systems, Inc.
  
4,320
    
   749,477
Apogee Enterprises, Inc.
  
2,374
    
   154,239
Armstrong World Industries, Inc.
  
413
    
   47,825
AZEK Co., Inc.(a)
  
25,734
    
   1,234,203
CSW Industrials, Inc.
  
1,283
    
   326,215
Fortune Brands Innovations, Inc.
  
4,449
    
   311,697
Hayward Holdings, Inc.(a)
  
63,058
    
   913,710
Insteel Industries, Inc.
  
7,490
    
   246,196
Janus International Group, Inc.(a)
  
111,028
    
   1,541,069
JELD-WEN Holding, Inc.(a)
  
46,814
    
   726,085
Quanex Building Products Corp.
  
3,539
    
   116,645
Resideo Technologies, Inc.(a)
  
39,181
    
   846,310
Simpson Manufacturing Co., Inc.
  
292
    
   48,449
UFP Industries, Inc.
  
7,468
    
   892,277
         
   12,737,550
             
Capital Markets - 2.8%
    
Artisan Partners Asset Management, Inc. - Class A
  
22,525
    
   991,776
BGC Group, Inc. - Class A
  
116,829
    
   1,012,907
Donnelley Financial Solutions, Inc.(a)
  
11,616
    
   708,111
Evercore, Inc. - Class A
  
5,265
    
   1,068,479
FactSet Research Systems, Inc.
  
3,775
    
   1,526,082
Hamilton Lane, Inc. - Class A
  
4,636
    
   581,772
Houlihan Lokey, Inc.
  
1,226
    
   165,939
Morningstar, Inc.
  
14,917
    
   4,299,825
Oppenheimer Holdings, Inc. - Class A
  
365
    
   16,673
Patria Investments Ltd. - Class A
  
80
    
   1,040
Piper Sandler Cos.
  
2,455
    
   519,920
StoneX Group, Inc.(a)
  
2,060
    
   154,644
Victory Capital Holdings, Inc. - Class A
  
7,002
    
   364,314
Virtu Financial, Inc. - Class A
  
109
    
   2,398
         
   11,413,880
             
Chemicals - 3.2%
    
AdvanSix, Inc.
  
1,860
    
   44,082
Arcadium Lithium PLC(a)
  
702
    
   3,110
Ashland, Inc.
  
10,614
    
   1,063,204
Avient Corp.
  
22,182
    
   991,092
Axalta Coating Systems Ltd.(a)
  
26,950
    
   959,150
Cabot Corp.
  
6,382
    
   652,879
Chemours Co.
  
44,710
    
   1,109,702
Core Molding Technologies, Inc.(a)
  
402
    
   7,734
Element Solutions, Inc.
  
106,580
    
   2,561,117
Elementis PLC
  
436,669
    
   838,503
Hawkins, Inc.
  
2,353
    
   205,464
Huntsman Corp.
  
15,902
    
   394,370
Intrepid Potash, Inc.(a)
  
1,040
    
   27,903
LSB Industries, Inc.(a)
  
5,554
    
   54,485
Mativ Holdings, Inc.
  
29,908
    
   537,447
NewMarket Corp.
  
10
    
   5,351
Olin Corp.
  
10,526
    
   565,878
Orion SA
  
6,551
    
   162,923
Quaker Chemical Corp.
  
392
    
   71,089
Rayonier Advanced Materials, Inc.(a)
  
5,378
    
   30,386
Stepan Co.
  
1,216
    
   105,999
Tronox Holdings PLC
  
117,931
    
   2,336,213
         
   12,728,081
             
Commercial Services & Supplies - 1.5%
    
ABM Industries, Inc.
  
10,926
    
   516,472
ACCO Brands Corp.
  
1,732
    
   8,816
Acme United Corp.
  
469
    
   16,645
Aris Water Solutions, Inc. - Class A
  
2,093
    
   32,169
Casella Waste Systems, Inc. - Class A(a)
  
888
    
   89,324
Civeo Corp.
  
1,273
    
   31,023
Clean Harbors, Inc.(a)
  
4,773
    
   1,033,784
Driven Brands Holdings, Inc.(a)
  
21,692
    
   249,241
Enviri Corp.(a)
  
42,408
    
   375,311
HNI Corp.
  
14,017
    
   659,500
Interface, Inc.
  
7,638
    
   123,048
OPENLANE, Inc.(a)
  
28,564
    
   492,729
Quad/Graphics, Inc.
  
1,583
    
   7,472
Rollins, Inc.
  
3,554
    
   162,382
Steelcase, Inc. - Class A
  
12,892
    
   176,105
Stericycle, Inc.(a)
  
27,628
    
   1,423,947
Tetra Tech, Inc.
  
1,776
    
   372,054
UniFirst Corp./MA
  
1,936
    
   307,050
Virco Mfg. Corp.
  
1,822
    
   21,682
         
   6,098,754
             
Communications Equipment - 0.8%
    
Applied Optoelectronics, Inc.(a)
  
5,839
    
   61,251
Ciena Corp.(a)
  
19,672
    
   947,600
Extreme Networks, Inc.(a)
  
10,886
    
   121,379
Harmonic, Inc.(a)
  
41,201
    
   503,888
Infinera Corp.(a)
  
28,928
    
   165,468
Lumentum Holdings, Inc.(a)
  
6,503
    
   282,881
Ribbon Communications, Inc.(a)
  
127,303
    
   399,731
Viasat, Inc.(a)
  
35,496
    
   599,528
Viavi Solutions, Inc.(a)
  
28,460
    
   214,019
         
   3,295,745
             
Construction & Engineering - 1.9%
    
Arcosa, Inc.
  
22,241
    
   1,955,206
Argan, Inc.
  
1,629
    
   115,056
Construction Partners, Inc. - Class A(a)
  
8,982
    
   522,842
Fluor Corp.(a)
  
12,384
    
   537,466
Limbach Holdings, Inc.(a)
  
1,236
    
   70,551
MasTec, Inc.(a)
  
4,398
    
   493,675
MDU Resources Group, Inc.
  
21,081
    
   532,084
MYR Group, Inc.(a)
  
100
    
   15,506
Primoris Services Corp.
  
24,727
    
   1,354,051
Tutor Perini Corp.(a)
  
1,496
    
   33,002
Valmont Industries, Inc.
  
3,962
    
   996,047
WillScot Mobile Mini Holdings Corp.(a)
  
25,239
    
   995,174
         
   7,620,660
             
Construction Materials - 0.4%
    
Eagle Materials, Inc.
  
1,583
    
   367,874
Summit Materials, Inc. - Class A(a)
  
27,216
    
   1,051,626
         
   1,419,500
             
Consumer Finance - 0.6%
    
Bread Financial Holdings, Inc.
  
13,756
    
   574,451
EZCORP, Inc. - Class A(a)
  
3,639
    
   38,173
FirstCash Holdings, Inc.
  
9,117
    
   1,075,077
LendingClub Corp.(a)
  
5,572
    
   49,702
Navient Corp.
  
5,925
    
   89,290
OneMain Holdings, Inc.
  
177
    
   8,694
PROG Holdings, Inc.
  
1,866
    
   70,516
SLM Corp.
  
16,342
    
   350,699
World Acceptance Corp.(a)
  
210
    
   26,983
         
   2,283,585
             
Consumer Staples Distribution & Retail - 0.7%
    
Andersons, Inc.
  
4,169
    
   218,206
Grocery Outlet Holding Corp.(a)
  
34,009
    
   747,858
Ingles Markets, Inc. - Class A
  
1,638
    
   119,803
Natural Grocers by Vitamin Cottage, Inc.
  
1,745
    
   37,657
PriceSmart, Inc.
  
16,180
    
   1,361,547
SpartanNash Co.
  
3,974
    
   78,089
Sprouts Farmers Market, Inc.(a)
  
246
    
   19,429
United Natural Foods, Inc.(a)
  
5,344
    
   64,181
Village Super Market, Inc. - Class A
  
945
    
   28,728
Weis Markets, Inc.
  
901
    
   59,061
         
   2,734,559
             
Containers & Packaging - 0.6%
    
AptarGroup, Inc.
  
4,380
    
   646,882
Avery Dennison Corp.
  
4,554
    
   1,036,445
Graphic Packaging Holding Co.
  
20,416
    
   578,181
Myers Industries, Inc.
  
3,817
    
   60,309
         
   2,321,817
             
Distributors - 0.1%
    
Pool Corp.
  
885
    
   321,742
             
Diversified Consumer Services - 0.9%
    
ADT, Inc.
  
86,557
    
   615,420
American Public Education, Inc.(a)
  
925
    
   16,095
Bright Horizons Family Solutions, Inc.(a)
  
1,253
    
   131,715
Duolingo, Inc.(a)
  
2,808
    
   537,451
European Wax Center, Inc. - Class A(a)
  
39,386
    
   445,850
Frontdoor, Inc.(a)
  
4,071
    
   143,991
Graham Holdings Co. - Class B
  
6
    
   4,515
Mister Car Wash, Inc.(a)
  
43,239
    
   303,970
Perdoceo Education Corp.
  
171
    
   3,848
Stride, Inc.(a)
  
17,979
    
   1,234,438
Universal Technical Institute, Inc.(a)
  
4,315
    
   68,220
         
   3,505,513
             
Diversified Telecommunication Services - 0.0%(b)
    
ATN International, Inc.
  
1,084
    
   26,385
Frontier Communications Parent, Inc.(a)
  
340
    
   9,064
IDT Corp. - Class B
  
47
    
   1,905
         
   37,354
             
Electric Utilities - 0.8%
    
ALLETE, Inc.
  
19,072
    
   1,204,397
IDACORP, Inc.
  
7,548
    
   720,608
Portland General Electric Co.
  
26,967
    
   1,201,649
         
   3,126,654
             
Electrical Equipment - 0.9%
    
Atkore, Inc.
  
3,858
    
   586,995
Babcock & Wilcox Enterprises, Inc.(a)
  
64,183
    
   75,094
Bloom Energy Corp. - Class A(a)
  
32,583
    
   531,755
Encore Wire Corp.
  
2,049
    
   591,608
EnerSys
  
4,022
    
   433,732
Generac Holdings, Inc.(a)
  
1,733
    
   255,115
LSI Industries, Inc.
  
937
    
   14,880
NEXTracker, Inc. - Class A(a)
  
576
    
   31,778
Powell Industries, Inc.
  
1,232
    
   221,587
Preformed Line Products Co.
  
12
    
   1,612
Regal Rexnord Corp.
  
6,986
    
   1,044,686
         
   3,788,842
             
Electronic Equipment Instruments & Components - 0.0%(b)
    
IPG Photonics Corp.(a)
  
2,227
    
   193,148
             
Electronic Equipment, Instruments & Components - 3.2%
    
Advanced Energy Industries, Inc.
  
1,173
    
   126,015
Bel Fuse, Inc. - Class B
  
1,187
    
   80,953
Benchmark Electronics, Inc.
  
15,823
    
   681,497
Celestica, Inc.(a)
  
6,356
    
   355,428
Climb Global Solutions, Inc.
  
418
    
   24,064
Coherent Corp.(a)
  
17,472
    
   996,952
CTS Corp.
  
505
    
   26,740
Daktronics, Inc.(a)
  
5,006
    
   55,867
ePlus, Inc.(a)
  
2,718
    
   203,415
Fabrinet(a)
  
6,110
    
   1,463,528
Innoviz Technologies Ltd.(a)
  
42,308
    
   44,423
Insight Enterprises, Inc.(a)
  
5,546
    
   1,084,243
Itron, Inc.(a)
  
3,465
    
   372,661
Kimball Electronics, Inc.(a)
  
2,291
    
   52,510
Knowles Corp.(a)
  
66,616
    
   1,167,112
Littelfuse, Inc.
  
3,416
    
   876,546
Methode Electronics, Inc.
  
2,110
    
   24,856
Mirion Technologies, Inc.(a)
  
84,230
    
   914,738
Napco Security Technologies, Inc.
  
9,590
    
   476,143
nLight, Inc.(a)
  
10,100
    
   132,815
Novanta, Inc.(a)
  
8,848
    
   1,434,792
OSI Systems, Inc.(a)
  
3,412
    
   490,441
PC Connection, Inc.
  
1,435
    
   97,063
Plexus Corp.(a)
  
375
    
   41,303
Rogers Corp.(a)
  
886
    
   104,548
Sanmina Corp.(a)
  
9,794
    
   671,281
ScanSource, Inc.(a)
  
3,281
    
   155,618
Teledyne Technologies, Inc.(a)
  
760
    
   301,682
TTM Technologies, Inc.(a)
  
10,330
    
   192,138
Vishay Intertechnology, Inc.
  
12,073
    
   285,285
Vishay Precision Group, Inc.(a)
  
386
    
   13,035
         
   12,947,692
             
Energy Equipment & Services - 2.3%
    
Archrock, Inc.
  
19,219
    
   388,992
Atlas Energy Solutions, Inc.
  
20,123
    
   487,379
Bristow Group, Inc.(a)
  
54
    
   1,939
Cactus, Inc. - Class A
  
2,296
    
   117,900
Dril-Quip, Inc.(a)
  
7,178
    
   138,822
Expro Group Holdings NV(a)
  
72,665
    
   1,594,997
Geospace Technologies Corp.(a)
  
1,709
    
   16,851
Helix Energy Solutions Group, Inc.(a)
  
16,121
    
   185,553
Helmerich & Payne, Inc.
  
9,150
    
   348,249
Hunting PLC
  
48,932
    
   261,808
John Wood Group PLC(a)
  
166,163
    
   375,956
KLX Energy Services Holdings, Inc.(a)
  
1,416
    
   7,236
Kodiak Gas Services, Inc.
  
20,697
    
   570,202
Liberty Energy, Inc.
  
19,194
    
   473,900
Nabors Industries Ltd.(a)
  
597
    
   44,632
Natural Gas Services Group, Inc.(a)
  
1,383
    
   30,094
Newpark Resources, Inc.(a)
  
10,115
    
   85,775
Oceaneering International, Inc.(a)
  
16,680
    
   394,982
Oil States International, Inc.(a)
  
4,415
    
   19,735
Patterson-UTI Energy, Inc.
  
69,108
    
   761,570
ProFrac Holding Corp. - Class A(a)
  
1,642
    
   15,796
ProPetro Holding Corp.(a)
  
8,962
    
   85,856
Ranger Energy Services, Inc.
  
1,823
    
   19,233
RPC, Inc.
  
10,137
    
   69,236
Select Water Solutions, Inc.
  
8,367
    
   91,451
Solaris Oilfield Infrastructure, Inc. - Class A
  
2,674
    
   24,494
TechnipFMC PLC
  
37,207
    
   974,451
TETRA Technologies, Inc.(a)
  
85,158
    
   315,936
Tidewater, Inc.(a)
  
5,321
    
   549,819
Transocean Ltd.(a)
  
139,336
    
   863,883
US Silica Holdings, Inc.(a)
  
7,222
    
   111,869
         
   9,428,596
             
Entertainment - 0.1%
    
Lions Gate Entertainment Corp. - Class B(a)
  
59,441
    
   458,885
Marcus Corp.
  
2,576
    
   27,434
         
   486,319
             
Financial Services - 1.1%
    
Alerus Financial Corp.
  
1,062
    
   20,539
AvidXchange Holdings, Inc.(a)
  
60,214
    
   637,666
Cannae Holdings, Inc.(a)
  
6,022
    
   109,480
Enact Holdings, Inc.
  
1,112
    
   34,149
Essent Group Ltd.
  
11,471
    
   650,406
Federal Agricultural Mortgage Corp. - Class C
  
671
    
   117,204
International Money Express, Inc.(a)
  
1,872
    
   39,050
Jack Henry & Associates, Inc.
  
829
    
   136,520
Jackson Financial, Inc. - Class A
  
8,431
    
   640,840
Merchants Bancorp/IN
  
1,400
    
   56,070
MGIC Investment Corp.
  
471
    
   9,891
NMI Holdings, Inc. - Class A(a)
  
5,895
    
   195,596
Pagseguro Digital Ltd. - Class A(a)
  
43,976
    
   538,706
PennyMac Financial Services, Inc.
  
2,000
    
   181,300
Radian Group, Inc.
  
10,232
    
   319,648
Shift4 Payments, Inc. - Class A(a)
  
6,823
    
   459,051
Walker & Dunlop, Inc.
  
2,441
    
   234,312
         
   4,380,428
             
Food Products - 1.1%
    
B&G Foods, Inc.
  
5,743
    
   54,788
Cal-Maine Foods, Inc.
  
5,347
    
   329,749
Dole PLC
  
7,387
    
   91,377
Fresh Del Monte Produce, Inc.
  
3,735
    
   87,250
Glanbia PLC
  
67,254
    
   1,379,105
Hain Celestial Group, Inc.(a)
  
24,379
    
   186,743
John B Sanfilippo & Son, Inc.
  
743
    
   74,917
Nomad Foods Ltd.
  
58,482
    
   1,026,944
Seaboard Corp.
  
27
    
   90,211
Simply Good Foods Co.(a)
  
1,544
    
   59,429
TreeHouse Foods, Inc.(a)
  
21,340
    
   774,855
Utz Brands, Inc.
  
5,177
    
   95,982
WK Kellogg Co.
  
19,764
    
   375,318
         
   4,626,668
             
Gas Utilities - 0.4%
    
Atmos Energy Corp.
  
3,802
    
   440,728
New Jersey Resources Corp.
  
10,185
    
   442,640
Spire, Inc.
  
11,479
    
   703,548
         
   1,586,916
             
Ground Transportation - 1.1%
    
ArcBest Corp.
  
2,471
    
   260,740
Heartland Express, Inc.
  
3,945
    
   44,657
Hertz Global Holdings, Inc.(a)
  
8,725
    
   38,041
Knight-Swift Transportation Holdings, Inc.
  
23,055
    
   1,112,404
Marten Transport Ltd.
  
6,237
    
   110,395
RXO, Inc.(a)
  
53,792
    
   1,097,895
Ryder System, Inc.
  
4,246
    
   515,762
Saia, Inc.(a)
  
1,755
    
   718,637
Schneider National, Inc. - Class B
  
19,907
    
   447,509
Universal Logistics Holdings, Inc.
  
715
    
   31,281
Werner Enterprises, Inc.
  
6,822
    
   256,303
         
   4,633,624
             
Health Care Equipment & Supplies - 2.3%
    
Accuray, Inc.(a)
  
59,300
    
   104,961
Alphatec Holdings, Inc.(a)
  
45,084
    
   437,766
AtriCure, Inc.(a)
  
9,040
    
   203,762
Atrion Corp.
  
188
    
   86,527
Avanos Medical, Inc.(a)
  
9,803
    
   195,178
CytoSorbents Corp.(a)
  
2,059
    
   1,853
Enovis Corp.(a)
  
16,290
    
   818,898
Envista Holdings Corp.(a)
  
34,672
    
   671,250
Globus Medical, Inc. - Class A(a)
  
17,285
    
   1,159,996
Haemonetics Corp.(a)
  
9,276
    
   779,926
Inari Medical, Inc.(a)
  
13,270
    
   663,500
Integer Holdings Corp.(a)
  
5,042
    
   611,292
Integra LifeSciences Holdings Corp.(a)
  
8,521
    
   263,299
Lantheus Holdings, Inc.(a)
  
6,254
    
   511,765
OraSure Technologies, Inc.(a)
  
46,176
    
   218,412
QuidelOrtho Corp.(a)
  
4,028
    
   177,997
SI-BONE, Inc.(a)
  
27,754
    
   389,944
Teleflex, Inc.
  
2,697
    
   563,862
TransMedics Group, Inc.(a)
  
4,155
    
   566,742
UFP Technologies, Inc.(a)
  
890
    
   231,720
Varex Imaging Corp.(a)
  
12,384
    
   191,333
Zimvie, Inc.(a)
  
15,004
    
   249,817
         
   9,099,800
             
Health Care Providers & Services - 3.0%
    
Acadia Healthcare Co., Inc.(a)
  
26,501
    
   1,825,654
AMN Healthcare Services, Inc.(a)
  
12,155
    
   679,951
Brookdale Senior Living, Inc.(a)
  
22,363
    
   150,056
Chemed Corp.
  
604
    
   334,839
CorVel Corp.(a)
  
358
    
   85,866
Cross Country Healthcare, Inc.(a)
  
3,374
    
   51,015
Encompass Health Corp.
  
6,078
    
   525,078
HealthEquity, Inc.(a)
  
18,174
    
   1,484,452
Hims & Hers Health, Inc.(a)
  
11,571
    
   224,709
Molina Healthcare, Inc.(a)
  
1,517
    
   477,218
National Research Corp.
  
30,614
    
   859,641
NeoGenomics, Inc.(a)
  
36,452
    
   499,757
Option Care Health, Inc.(a)
  
15,258
    
   454,994
Patterson Cos., Inc.
  
12,788
    
   314,457
Premier, Inc. - Class A
  
10,166
    
   192,341
R1 RCM, Inc.(a)
  
43,032
    
   553,391
RadNet, Inc.(a)
  
6,145
    
   360,343
Tenet Healthcare Corp.(a)
  
9,734
    
   1,316,231
US Physical Therapy, Inc.
  
16,200
    
   1,661,634
         
   12,051,627
             
Health Care Technology - 0.2%
    
Evolent Health, Inc. - Class A(a)
  
14,760
    
   312,764
GoodRx Holdings, Inc. - Class A(a)
  
10,036
    
   78,983
OptimizeRx Corp.(a)
  
1,662
    
   20,044
Phreesia, Inc.(a)
  
11,999
    
   227,021
Simulations Plus, Inc.
  
1,682
    
   81,140
         
   719,952
             
Hotels, Restaurants & Leisure - 1.9%
    
BJ's Restaurants, Inc.(a)
  
2,133
    
   74,740
Bowlero Corp.
  
24,794
    
   308,685
Boyd Gaming Corp.
  
7,184
    
   383,051
Brinker International, Inc.(a)
  
19,306
    
   1,363,583
Cheesecake Factory, Inc.
  
3,933
    
   151,342
Chuy's Holdings, Inc.(a)
  
958
    
   25,588
Cracker Barrel Old Country Store, Inc.
  
2,016
    
   98,341
Dalata Hotel Group PLC
  
90,348
    
   415,126
Dave & Buster's Entertainment, Inc.(a)
  
6,103
    
   311,802
Full House Resorts, Inc.(a)
  
2,886
    
   14,343
Golden Entertainment, Inc.
  
2,030
    
   61,448
Hilton Grand Vacations, Inc.(a)
  
23,875
    
   986,754
International Game Technology PLC
  
47,662
    
   940,848
Monarch Casino & Resort, Inc.
  
1,204
    
   80,632
Planet Fitness, Inc. - Class A(a)
  
5,416
    
   344,674
Playa Hotels & Resorts NV(a)
  
9,056
    
   77,157
RCI Hospitality Holdings, Inc.
  
10
    
   447
Red Rock Resorts, Inc. - Class A
  
17,705
    
   907,381
Texas Roadhouse, Inc.
  
1,944
    
   335,671
United Parks & Resorts, Inc.(a)
  
3,717
    
   194,362
Wingstop, Inc.
  
1,563
    
   576,200
         
   7,652,175
             
Household Durables - 2.2%
    
Beazer Homes USA, Inc.(a)
  
2,790
    
   80,129
Century Communities, Inc.
  
5,789
    
   488,649
Cricut, Inc. - Class A
  
1,750
    
   10,903
Dream Finders Homes, Inc. - Class A(a)
  
55,770
    
   1,584,426
Ethan Allen Interiors, Inc.
  
2,137
    
   62,208
Flexsteel Industries, Inc.
  
395
    
   14,141
Green Brick Partners, Inc.(a)
  
2,944
    
   160,742
Hamilton Beach Brands Holding Co. - Class A
  
933
    
   17,867
Hooker Furnishings Corp.
  
1,278
    
   22,212
Hovnanian Enterprises, Inc. - Class A(a)
  
629
    
   90,438
Installed Building Products, Inc.
  
5,218
    
   1,105,381
KB Home
  
7,146
    
   504,508
Landsea Homes Corp.(a)
  
1,694
    
   16,804
La-Z-Boy, Inc.
  
4,317
    
   161,974
Legacy Housing Corp.(a)
  
915
    
   21,255
Lovesac Co.(a)
  
1,355
    
   38,089
M/I Homes, Inc.(a)
  
5,438
    
   679,315
Meritage Homes Corp.
  
1,845
    
   325,366
Mohawk Industries, Inc.(a)
  
56
    
   6,828
Skyline Champion Corp.(a)
  
12,780
    
   889,616
Smith Douglas Homes Corp.(a)
  
16,947
    
   437,063
Sonos, Inc.(a)
  
33,825
    
   534,435
Taylor Morrison Home Corp.(a)
  
3,003
    
   173,663
Tempur Sealy International, Inc.
  
8,728
    
   448,270
TopBuild Corp.(a)
  
761
    
   318,060
Tri Pointe Homes, Inc.(a)
  
9,213
    
   356,819
Worthington Enterprises, Inc.
  
3,322
    
   189,454
         
   8,738,615
             
Household Products - 0.1%
    
Central Garden & Pet Co.(a)
  
1,067
    
   46,361
Central Garden & Pet Co. - Class A(a)
  
5,850
    
   218,498
Church & Dwight Co., Inc.
  
824
    
   88,176
Oil-Dri Corp. of America
  
543
    
   45,373
WD-40 Co.
  
684
    
   153,688
         
   552,096
             
Independent Power and Renewable Electricity Producers - 0.6%
    
Ormat Technologies, Inc.
  
14,407
    
   1,086,288
Vistra Corp.
  
15,413
    
   1,527,120
         
   2,613,408
             
Insurance - 4.7%
    
Ambac Financial Group, Inc.(a)
  
3,097
    
   54,879
AMERISAFE, Inc.
  
2,399
    
   105,148
Assured Guaranty Ltd.
  
2,963
    
   230,284
Axis Capital Holdings Ltd.
  
9,166
    
   677,184
Brighthouse Financial, Inc.(a)
  
5,498
    
   244,716
CNO Financial Group, Inc.
  
46,407
    
   1,331,417
Crawford & Co. - Class A
  
1,199
    
   10,887
Crawford & Co. - Class B
  
501
    
   4,299
Employers Holdings, Inc.
  
1,650
    
   69,597
Enstar Group Ltd.(a)
  
892
    
   279,321
Fidelis Insurance Holdings Ltd.
  
55,745
    
   924,252
First American Financial Corp.
  
26,594
    
   1,478,094
Genworth Financial, Inc. - Class A(a)
  
31,554
    
   198,475
Goosehead Insurance, Inc. - Class A(a)
  
34,180
    
   2,204,610
Greenlight Capital Re Ltd. - Class A(a)
  
1,064
    
   14,141
Hagerty, Inc. - Class A(a)
  
4,693
    
   45,147
Hanover Insurance Group, Inc.
  
13,972
    
   1,843,326
HCI Group, Inc.
  
606
    
   58,103
Heritage Insurance Holdings, Inc.(a)
  
1,089
    
   9,256
Horace Mann Educators Corp.
  
771
    
   26,345
Kemper Corp.
  
19,724
    
   1,180,284
Kinsale Capital Group, Inc.
  
465
    
   178,383
Palomar Holdings, Inc.(a)
  
4,964
    
   421,146
RLI Corp.
  
1,618
    
   236,196
Ryan Specialty Holdings, Inc.
  
95,905
    
   5,325,605
Selective Insurance Group, Inc.
  
9,260
    
   903,869
SiriusPoint Ltd.(a)
  
8,968
    
   117,929
Skyward Specialty Insurance Group, Inc.(a)
  
10,954
    
   408,803
Stewart Information Services Corp.
  
1,588
    
   100,536
Universal Insurance Holdings, Inc.
  
1,992
    
   39,262
White Mountains Insurance Group Ltd.
  
150
    
   271,050
         
   18,992,544
             
Interactive Media & Services - 2.0%
    
Auto Trader Group PLC - ADR
  
1,558,573
    
   4,021,118
Cargurus, Inc.(a)
  
5,344
    
   129,378
MediaAlpha, Inc. - Class A(a)
  
58,992
    
   1,048,878
QuinStreet, Inc.(a)
  
27,735
    
   488,413
Rightmove PLC - ADR
  
178,561
    
   2,446,286
         
   8,134,073
             
IT Services - 1.1%
    
ASGN, Inc.(a)
  
9,115
    
   855,990
DXC Technology Co.(a)
  
22,387
    
   348,118
Endava PLC - ADR(a)
  
48,701
    
   1,312,005
Globant SA(a)
  
902
    
   145,330
Kyndryl Holdings, Inc.(a)
  
45,780
    
   1,218,206
Unisys Corp.(a)
  
51,594
    
   221,338
Wix.com Ltd.(a)
  
2,946
    
   474,600
         
   4,575,587
             
Leisure Products - 0.5%
    
BRP, Inc.
  
1,410
    
   88,100
Brunswick Corp./DE
  
6,251
    
   515,895
Clarus Corp.
  
1,807
    
   12,649
Escalade, Inc.
  
526
    
   7,248
Funko, Inc. - Class A(a)
  
825
    
   7,458
JAKKS Pacific, Inc.(a)
  
988
    
   18,347
Johnson Outdoors, Inc. - Class A
  
10
    
   364
Latham Group, Inc.(a)
  
1,408
    
   5,435
Malibu Boats, Inc. - Class A(a)
  
1,909
    
   73,420
Marine Products Corp.
  
571
    
   5,847
MasterCraft Boat Holdings, Inc.(a)
  
1,064
    
   22,451
Mattel, Inc.(a)
  
41,922
    
   745,792
Polaris, Inc.
  
2,503
    
   209,251
Smith & Wesson Brands, Inc.
  
3,990
    
   66,912
Vista Outdoor, Inc.(a)
  
5,534
    
   193,026
         
   1,972,195
             
Life Sciences Tools & Services - 0.3%
    
Bio-Techne Corp.
  
4,441
    
   342,801
Charles River Laboratories International, Inc.(a)
  
1,842
    
   383,946
ICON PLC(a)
  
660
    
   214,381
Inotiv, Inc.(a)
  
1,107
    
   2,070
Standard BioTools, Inc.(a)
  
48,041
    
   119,142
Stevanato Group SpA
  
5,033
    
   102,271
West Pharmaceutical Services, Inc.
  
463
    
   153,443
         
   1,318,054
             
Machinery - 3.4%
    
Alamo Group, Inc.
  
5,110
    
   970,849
Allison Transmission Holdings, Inc.
  
5,362
    
   406,493
Atmus Filtration Technologies, Inc.(a)
  
5,113
    
   157,685
Chart Industries, Inc.(a)
  
3,684
    
   578,498
Columbus McKinnon Corp./NY
  
21,892
    
   855,977
Commercial Vehicle Group, Inc.(a)
  
2,206
    
   11,934
Crane Co.
  
933
    
   139,092
Enerpac Tool Group Corp.
  
44,766
    
   1,760,199
Enpro, Inc.
  
455
    
   69,733
Esab Corp.
  
2,346
    
   241,216
ESCO Technologies, Inc.
  
1,185
    
   129,319
Federal Signal Corp.
  
7,714
    
   709,842
Franklin Electric Co., Inc.
  
5,675
    
   564,549
Gates Industrial Corp. PLC(a)
  
11,452
    
   199,494
Graco, Inc.
  
2,143
    
   173,047
Graham Corp.(a)
  
1,300
    
   35,165
Greenbrier Cos., Inc.
  
3,656
    
   201,994
Helios Technologies, Inc.
  
3,245
    
   162,510
Hillman Solutions Corp.(a)
  
50,931
    
   468,056
Kadant, Inc.
  
1,110
    
   317,471
Kennametal, Inc.
  
7,846
    
   202,034
L B Foster Co. - Class A(a)
  
1,360
    
   37,305
Lindsay Corp.
  
1,034
    
   118,724
Manitowoc Co., Inc.(a)
  
3,404
    
   42,312
Markforged Holding Corp.(a)
  
35,444
    
   14,897
Mueller Industries, Inc.
  
5,470
    
   322,238
Mueller Water Products, Inc. - Class A
  
55,857
    
   1,036,706
NN, Inc.(a)
  
5,887
    
   19,133
Nordson Corp.
  
677
    
   158,905
Omega Flex, Inc.
  
12,104
    
   716,678
Park-Ohio Holdings Corp.
  
28
    
   732
RBC Bearings, Inc.(a)
  
3,641
    
   1,075,114
SPX Technologies, Inc.(a)
  
2,095
    
   292,085
Standex International Corp.
  
1,146
    
   192,769
Stratasys Ltd.(a)
  
38,016
    
   329,219
Terex Corp.
  
6,949
    
   414,647
Timken Co.
  
710
    
   61,692
Titan International, Inc.(a)
  
6,659
    
   55,070
Toro Co.
  
2,583
    
   207,131
Trinity Industries, Inc.
  
8,364
    
   263,048
Wabash National Corp.
  
5,123
    
   115,831
         
   13,829,393
             
Marine Transportation - 1.1%
    
Costamare, Inc.
  
2,234
    
   35,766
Genco Shipping & Trading Ltd.
  
4,673
    
   105,236
Kirby Corp.(a)
  
21,240
    
   2,637,371
Matson, Inc.
  
4,270
    
   547,414
Pangaea Logistics Solutions Ltd.
  
3,380
    
   27,953
Safe Bulkers, Inc.
  
8,806
    
   49,930
Star Bulk Carriers Corp.
  
34,287
    
   928,492
         
   4,332,162
             
Media - 0.6%
    
AMC Networks, Inc. - Class A(a)
  
4,427
    
   76,764
Cable One, Inc.
  
1,298
    
   500,911
Criteo SA - ADR(a)
  
31,822
    
   1,241,695
EchoStar Corp. - Class A(a)
  
156
    
   2,995
Nexstar Media Group, Inc. - Class A
  
1,815
    
   300,728
Scholastic Corp.
  
2,093
    
   75,934
TechTarget, Inc.(a)
  
1,874
    
   56,632
         
   2,255,659
             
Metals & Mining - 2.0%
    
Alpha Metallurgical Resources, Inc.
  
1,279
    
   403,409
Arch Resources, Inc.
  
2,377
    
   413,432
Caledonia Mining Corp. PLC
  
1,700
    
   17,765
Capstone Copper Corp.(a)
  
75,962
    
   535,042
Carpenter Technology Corp.
  
5,993
    
   664,444
Century Aluminum Co.(a)
  
7,375
    
   135,184
Cleveland-Cliffs, Inc.(a)
  
38,196
    
   660,027
Coeur Mining, Inc.(a)
  
15,535
    
   89,326
Commercial Metals Co.
  
14,335
    
   807,347
Constellium SE(a)
  
26,968
    
   584,397
ERO Copper Corp.(a)
  
22,026
    
   469,154
Kaiser Aluminum Corp.
  
1,490
    
   145,722
Materion Corp.
  
7,760
    
   887,589
Metallus, Inc.(a)
  
1,454
    
   34,910
Olympic Steel, Inc.
  
1,366
    
   71,223
Radius Recycling, Inc. - Class A
  
2,996
    
   51,261
Ramaco Resources, Inc.(a)
  
3,507
    
   49,624
Ramaco Resources, Inc. - Class B
  
676
    
   7,362
Ryerson Holding Corp.
  
16,401
    
   389,524
Stelco Holdings, Inc.
  
23,231
    
   694,740
SunCoke Energy, Inc.
  
12,065
    
   127,286
Tredegar Corp.
  
1,709
    
   9,314
Universal Stainless & Alloy Products, Inc.(a)
  
929
    
   30,499
Warrior Met Coal, Inc.
  
11,824
    
   809,116
         
   8,087,697
             
Multi-Utilities - 0.2%
    
Black Hills Corp.
  
3,995
    
   225,518
Northwestern Energy Group, Inc.
  
8,512
    
   442,283
         
   667,801
             
Oil, Gas & Consumable Fuels - 5.1%
    
Antero Resources Corp.(a)
  
27,723
    
   987,770
APA Corp.
  
200
    
   6,106
Ardmore Shipping Corp.
  
5,082
    
   113,888
Berry Corp.
  
7,330
    
   51,090
California Resources Corp.
  
7,895
    
   373,828
Chord Energy Corp.
  
5,645
    
   1,046,639
CNX Resources Corp.(a)
  
42,535
    
   1,118,670
Comstock Resources, Inc.
  
7,249
    
   84,886
CONSOL Energy, Inc.
  
3,209
    
   332,677
Crescent Energy Co. - Class A
  
10,209
    
   128,633
CVR Energy, Inc.
  
3,756
    
   104,642
Devon Energy Corp.
  
14,898
    
   731,194
DHT Holdings, Inc.
  
75,266
    
   910,719
Dorian LPG Ltd.
  
5,064
    
   256,289
Evolution Petroleum Corp.
  
1,870
    
   10,752
Gran Tierra Energy, Inc.(a)
  
3,835
    
   35,665
Granite Ridge Resources, Inc.
  
7,912
    
   51,824
Green Plains, Inc.(a)
  
22,170
    
   380,659
Gulfport Energy Corp.(a)
  
2,039
    
   329,931
Hallador Energy Co.(a)
  
2,810
    
   25,206
HighPeak Energy, Inc.
  
2,712
    
   42,795
International Seaways, Inc.
  
6,206
    
   399,790
Kimbell Royalty Partners LP
  
7,199
    
   120,799
Kosmos Energy Ltd.(a)
  
355,397
    
   2,167,922
Magnolia Oil & Gas Corp. - Class A
  
19,556
    
   507,478
Matador Resources Co.
  
15,786
    
   1,001,622
Murphy Oil Corp.
  
18,925
    
   809,801
Nordic American Tankers Ltd.
  
5,617
    
   23,254
Northern Oil & Gas, Inc.
  
10,083
    
   412,697
Overseas Shipholding Group, Inc. - Class A
  
8,256
    
   69,763
Par Pacific Holdings, Inc.(a)
  
6,722
    
   182,435
PBF Energy, Inc. - Class A
  
5,784
    
   267,973
Peabody Energy Corp.
  
16,492
    
   408,672
Permian Resources Corp.
  
64,405
    
   1,055,598
REX American Resources Corp.(a)
  
1,892
    
   94,581
Riley Exploration Permian, Inc.
  
693
    
   20,236
SandRidge Energy, Inc.
  
2,779
    
   38,795
Scorpio Tankers, Inc.
  
18,039
    
   1,480,461
SFL Corp. Ltd.
  
13,602
    
   194,645
SilverBow Resources, Inc.(a)
  
2,459
    
   96,393
Sitio Royalties Corp. - Class A
  
7,215
    
   169,047
SM Energy Co.
  
18,304
    
   923,071
Talos Energy, Inc.(a)
  
13,092
    
   157,235
Teekay Corp.(a)
  
7,521
    
   73,631
Teekay Tankers Ltd. - Class A
  
3,633
    
   264,591
Texas Pacific Land Corp.
  
152
    
   93,375
VAALCO Energy, Inc.
  
12,937
    
   82,538
Veren, Inc.
  
201,341
    
   1,752,012
Viper Energy, Inc.
  
1,849
    
   71,113
Vital Energy, Inc.(a)
  
3,559
    
   173,857
World Kinect Corp.
  
6,592
    
   173,633
         
   20,410,881
             
Paper & Forest Products - 0.3%
    
Clearwater Paper Corp.(a)
  
2,050
    
   108,937
Louisiana-Pacific Corp.
  
9,219
    
   845,198
Stella-Jones, Inc.
  
4,829
    
   288,262
         
   1,242,397
             
Passenger Airlines - 0.4%
    
Alaska Air Group, Inc.(a)
  
11,485
    
   482,600
Allegiant Travel Co.
  
1,382
    
   73,522
Frontier Group Holdings, Inc.(a)
  
76,309
    
   417,410
JetBlue Airways Corp.(a)
  
31,638
    
   176,857
SkyWest, Inc.(a)
  
4,808
    
   359,013
Sun Country Airlines Holdings, Inc.(a)
  
4,006
    
   42,424
         
   1,551,826
             
Personal Care Products - 0.5%
    
BellRing Brands, Inc.(a)
  
6,260
    
   364,144
Coty, Inc. - Class A(a)
  
62,660
    
   649,158
elf Beauty, Inc.(a)
  
2,415
    
   451,388
Inter Parfums, Inc.
  
3,130
    
   374,911
Medifast, Inc.
  
873
    
   22,471
Nature's Sunshine Products, Inc.(a)
  
1,484
    
   22,735
Nu Skin Enterprises, Inc. - Class A
  
2,840
    
   37,914
Olaplex Holdings, Inc.(a)
  
5,190
    
   9,238
         
   1,931,959
             
Pharmaceuticals - 0.5%
    
Amneal Pharmaceuticals, Inc.(a)
  
39,343
    
   262,811
Amphastar Pharmaceuticals, Inc.(a)
  
5,995
    
   253,768
Edgewise Therapeutics, Inc.(a)
  
6,503
    
   111,396
Harmony Biosciences Holdings, Inc.(a)
  
3,526
    
   103,664
Innoviva, Inc.(a)
  
2,680
    
   42,317
Intra-Cellular Therapies, Inc.(a)
  
6,361
    
   427,714
Longboard Pharmaceuticals, Inc.(a)
  
3,860
    
   72,838
Pacira BioSciences, Inc.(a)
  
9,099
    
   275,973
Phibro Animal Health Corp. - Class A
  
1,493
    
   26,322
SIGA Technologies, Inc.
  
5,726
    
   42,831
Supernus Pharmaceuticals, Inc.(a)
  
3,785
    
   102,649
Verona Pharma PLC - ADR(a)
  
8,014
    
   96,729
         
   1,819,012
             
Professional Services - 1.8%
    
Alight, Inc. - Class A(a)
  
31,398
    
   243,335
Barrett Business Services, Inc.
  
15
    
   1,985
CBIZ, Inc.(a)
  
1,319
    
   100,007
Clarivate PLC(a)
  
62,490
    
   356,193
Conduent, Inc.(a)
  
124,712
    
   436,492
CRA International, Inc.
  
784
    
   137,960
Exponent, Inc.
  
3,167
    
   301,245
First Advantage Corp.
  
24,529
    
   393,936
FTI Consulting, Inc.(a)
  
2,799
    
   601,225
IBEX Holdings Ltd.(a)
  
25
    
   391
ICF International, Inc.
  
3,548
    
   506,477
KBR, Inc.
  
28,406
    
   1,865,138
Kelly Services, Inc. - Class A
  
3,199
    
   69,546
Kforce, Inc.
  
20,642
    
   1,275,882
Korn Ferry
  
11,006
    
   725,736
Resources Connection, Inc.
  
69
    
   790
TrueBlue, Inc.(a)
  
3,188
    
   34,430
         
   7,050,768
             
Real Estate Management & Development - 0.8%
    
Colliers International Group, Inc.
  
4,021
    
   450,995
Cushman & Wakefield PLC(a)
  
93,475
    
   1,038,507
DigitalBridge Group, Inc.
  
25,005
    
   341,068
FirstService Corp.
  
1,976
    
   290,709
FirstService Corp.
  
3,972
    
   583,145
Forestar Group, Inc.(a)
  
1,980
    
   67,340
Opendoor Technologies, Inc.(a)
  
73,808
    
   160,902
RE/MAX Holdings, Inc. - Class A
  
1,215
    
   9,829
Redfin Corp.(a)
  
21,072
    
   135,704
RMR Group, Inc. - Class A
  
36
    
   847
         
   3,079,046
             
Semiconductors & Semiconductor Equipment - 3.5%
    
CEVA, Inc.(a)
  
6,886
    
   137,169
Cohu, Inc.(a)
  
20,003
    
   644,897
Credo Technology Group Holding Ltd.(a)
  
22,976
    
   598,984
Diodes, Inc.(a)
  
4,104
    
   304,230
FormFactor, Inc.(a)
  
8,432
    
   461,399
Impinj, Inc.(a)
  
3,356
    
   549,277
indie Semiconductor, Inc. - Class A(a)
  
25,341
    
   169,024
Lattice Semiconductor Corp.(a)
  
8,251
    
   612,554
MACOM Technology Solutions Holdings, Inc.(a)
  
14,390
    
   1,455,405
MKS Instruments, Inc.
  
3,041
    
   384,960
NVE Corp.
  
3,496
    
   271,045
Onto Innovation, Inc.(a)
  
8,063
    
   1,747,252
Photronics, Inc.(a)
  
7,677
    
   209,966
Power Integrations, Inc.
  
3,914
    
   297,503
Rambus, Inc.(a)
  
38,247
    
   2,113,529
Semtech Corp.(a)
  
11,542
    
   448,868
Silicon Laboratories, Inc.(a)
  
4,312
    
   544,045
Silicon Motion Technology Corp. - ADR
  
3,384
    
   264,257
SMART Global Holdings, Inc.(a)
  
3,579
    
   73,656
Tower Semiconductor Ltd.(a)
  
21,728
    
   815,669
Ultra Clean Holdings, Inc.(a)
  
13,515
    
   626,826
Veeco Instruments, Inc.(a)
  
33,039
    
   1,343,035
Wolfspeed, Inc.(a)
  
8,290
    
   213,053
         
   14,286,603
             
Software - 5.0%
    
ACI Worldwide, Inc.(a)
  
50,099
    
   1,804,065
Adeia, Inc.
  
31,776
    
   375,910
Aspen Technology, Inc.(a)
  
7,378
    
   1,554,176
BlackLine, Inc.(a)
  
24,293
    
   1,159,262
Box, Inc. - Class A(a)
  
9,055
    
   246,749
Cognyte Software Ltd.(a)
  
48,731
    
   370,356
CommVault Systems, Inc.(a)
  
1,949
    
   209,683
Computer Modelling Group Ltd.
  
4,764
    
   45,544
CoreCard Corp.(a)
  
9
    
   126
CyberArk Software Ltd.(a)
  
2,113
    
   484,405
Fair Isaac Corp.(a)
  
320
    
   412,777
Five9, Inc.(a)
  
7,117
    
   332,791
Guidewire Software, Inc.(a)
  
6,020
    
   685,798
InterDigital, Inc.
  
2,934
    
   334,094
JFrog Ltd.(a)
  
10,910
    
   350,975
Klaviyo, Inc. - Class A(a)
  
6,564
    
   148,609
LiveRamp Holdings, Inc.(a)
  
26,377
    
   825,336
Manhattan Associates, Inc.(a)
  
4,046
    
   888,259
nCino, Inc.(a)
  
98,492
    
   3,006,961
Olo, Inc. - Class A(a)
  
45,977
    
   210,575
OneSpan, Inc.(a)
  
15,869
    
   208,995
Q2 Holdings, Inc.(a)
  
11,882
    
   722,663
Qualys, Inc.(a)
  
2,363
    
   332,285
Radware Ltd.(a)
  
10,565
    
   214,364
SPS Commerce, Inc.(a)
  
15,323
    
   2,882,103
Tenable Holdings, Inc.(a)
  
12,005
    
   506,491
Teradata Corp.(a)
  
7,918
    
   258,206
Tyler Technologies, Inc.(a)
  
458
    
   220,005
Varonis Systems, Inc.(a)
  
4,292
    
   184,384
Verint Systems, Inc.(a)
  
25,009
    
   741,767
Vertex, Inc. - Class A(a)
  
4,630
    
   153,021
Xperi, Inc.(a)
  
25,575
    
   225,316
         
   20,096,051
             
Specialty Retail - 2.8%
    
1-800-Flowers.com, Inc. - Class A(a)
  
3,064
    
   29,660
Aaron's Co., Inc.
  
2,008
    
   17,028
Abercrombie & Fitch Co. - Class A(a)
  
2,561
    
   442,720
Academy Sports & Outdoors, Inc.
  
19,036
    
   1,098,187
Advance Auto Parts, Inc.
  
4,000
    
   282,560
American Eagle Outfitters, Inc.
  
19,911
    
   437,445
Arhaus, Inc.
  
33,117
    
   622,931
Asbury Automotive Group, Inc.(a)
  
1,470
    
   345,553
Big 5 Sporting Goods Corp.
  
996
    
   3,456
Boot Barn Holdings, Inc.(a)
  
5,647
    
   671,598
Buckle, Inc.
  
3,225
    
   124,291
Build-A-Bear Workshop, Inc.
  
1,208
    
   32,701
Caleres, Inc.
  
12,338
    
   427,882
Citi Trends, Inc.(a)
  
21
    
   513
Designer Brands, Inc. - Class A
  
3,789
    
   38,079
Destination XL Group, Inc.(a)
  
4,409
    
   15,652
Floor & Decor Holdings, Inc. - Class A(a)
  
1,863
    
   217,710
Foot Locker, Inc.
  
638
    
   17,692
Genesco, Inc.(a)
  
964
    
   27,474
Group 1 Automotive, Inc.
  
1,224
    
   380,639
Guess?, Inc.
  
3,652
    
   84,982
Haverty Furniture Cos., Inc.
  
1,308
    
   37,160
Hibbett, Inc.
  
1,369
    
   118,528
Lands' End, Inc.(a)
  
1,165
    
   16,648
LL Flooring Holdings, Inc.(a)
  
2,738
    
   4,655
ODP Corp.(a)
  
11,757
    
   460,404
Revolve Group, Inc.(a)
  
69,985
    
   1,335,314
Shoe Carnival, Inc.
  
1,627
    
   61,419
Signet Jewelers Ltd.
  
12,453
    
   1,363,479
Tractor Supply Co.
  
671
    
   191,430
Upbound Group, Inc.
  
3,826
    
   125,569
Urban Outfitters, Inc.(a)
  
6,141
    
   256,141
Valvoline, Inc.(a)
  
18,907
    
   767,624
Warby Parker, Inc. - Class A(a)
  
36,740
    
   650,665
Wayfair, Inc. - Class A(a)
  
7,813
    
   464,795
Winmark Corp.
  
412
    
   146,631
         
   11,319,215
             
Technology Hardware, Storage & Peripherals - 0.0%(b)
    
Eastman Kodak Co.(a)
  
4,322
    
   23,079
Immersion Corp.
  
3,205
    
   32,018
Turtle Beach Corp.(a)
  
1,739
    
   28,833
         
   83,930
             
Textiles, Apparel & Luxury Goods - 1.2%
    
Carter's, Inc.
  
3,101
    
   212,108
Columbia Sportswear Co.
  
2,947
    
   252,322
Crocs, Inc.(a)
  
2,879
    
   448,088
Dr Martens PLC
  
202,574
    
   226,952
G-III Apparel Group Ltd.(a)
  
5,445
    
   163,677
Gildan Activewear, Inc.
  
59,344
    
   2,271,095
Levi Strauss & Co. - Class A
  
10,537
    
   252,993
Movado Group, Inc.
  
1,330
    
   35,245
Oxford Industries, Inc.
  
1,591
    
   176,108
PVH Corp.
  
1,542
    
   185,055
Rocky Brands, Inc.
  
884
    
   34,467
Steven Madden Ltd.
  
7,019
    
   311,995
Superior Group of Cos., Inc.
  
1,445
    
   29,608
Under Armour, Inc. - Class C(a)
  
36,489
    
   253,963
Unifi, Inc.(a)
  
750
    
   4,913
Vera Bradley, Inc.(a)
  
2,217
    
   18,091
         
   4,876,680
             
Trading Companies & Distributors - 3.2%
    
AerCap Holdings NV
  
12,373
    
   1,147,101
Air Lease Corp.
  
26,400
    
   1,257,696
Applied Industrial Technologies, Inc.
  
4,236
    
   817,548
Beacon Roofing Supply, Inc.(a)
  
12,720
    
   1,234,603
BlueLinx Holdings, Inc.(a)
  
1,255
    
   129,127
Boise Cascade Co.
  
1,873
    
   257,144
Core & Main, Inc. - Class A(a)
  
17,380
    
   1,000,393
DNOW, Inc.(a)
  
9,229
    
   134,651
FTAI Aviation Ltd.
  
10,677
    
   900,285
GATX Corp.
  
9,366
    
   1,292,133
Global Industrial Co.
  
1,249
    
   43,228
GMS, Inc.(a)
  
4,049
    
   380,444
H&E Equipment Services, Inc.
  
10,310
    
   488,385
Herc Holdings, Inc.
  
3,368
    
   488,596
Hudson Technologies, Inc.(a)
  
104
    
   926
Karat Packaging, Inc.
  
860
    
   24,544
McGrath RentCorp
  
12,550
    
   1,367,699
MRC Global, Inc.(a)
  
2,351
    
   31,245
Richelieu Hardware Ltd.
  
2,828
    
   78,760
Rush Enterprises, Inc. - Class A
  
16,591
    
   748,752
Rush Enterprises, Inc. - Class B
  
19
    
   803
SiteOne Landscape Supply, Inc.(a)
  
4,266
    
   660,462
Transcat, Inc.(a)
  
917
    
   116,826
Watsco, Inc.
  
577
    
   274,017
         
   12,875,368
             
Water Utilities - 0.1%
    
SJW Group
  
4,223
    
   231,040
             
Wireless Telecommunication Services - 0.1%
    
Telephone and Data Systems, Inc.
  
13,767
    
   273,826
United States Cellular Corp.(a)
  
1,872
    
   103,821
         
   377,647
TOTAL COMMON STOCKS (Cost $361,264,799)
    
 380,117,879
             
REAL ESTATE INVESTMENT TRUSTS - 2.1%
  
Shares
    
Value
AGNC Investment Corp.
  
125,583
    
   1,204,341
Alexander & Baldwin, Inc.
  
32,475
    
   545,580
Brixmor Property Group, Inc.
  
48,178
    
   1,084,487
Equity Commonwealth(a)
  
43,122
    
   832,686
Getty Realty Corp.
  
26,137
    
   721,643
Highwoods Properties, Inc.
  
9,625
    
   249,961
Kite Realty Group Trust
  
7,897
    
   173,102
MFA Financial, Inc.
  
53,125
    
   568,437
NNN REIT, Inc.
  
22,430
    
   936,901
Ryman Hospitality Properties, Inc.
  
4,421
    
   464,514
STAG Industrial, Inc.
  
29,395
    
   1,030,589
Sunstone Hotel Investors, Inc.
  
54,078
    
   555,922
Terreno Realty Corp.
  
4,358
    
   246,576
TOTAL REAL ESTATE INVESTMENT TRUSTS (Cost $8,891,859)
    
   8,614,739
             
CLOSED END FUNDS - 0.0%(b)
  
Shares
    
Value
Medallion Financial Corp.
  
799
    
   6,639
TOTAL CLOSED END FUNDS (Cost $7,725)
    
   6,639
             
SHORT-TERM INVESTMENTS - 3.2%
        
Money Market Funds - 3.2%
  
Shares
    
 
First American Government Obligations Fund - Class X, 5.24%(c)
  
12,895,748
    
   12,895,748
TOTAL SHORT-TERM INVESTMENTS (Cost $12,895,748)
    
   12,895,748
             
TOTAL INVESTMENTS - 99.8% (Cost $383,060,131)
   $
401,635,005
Other Assets in Excess of Liabilities - 0.2%
    
791,683
TOTAL NET ASSETS - 100.0%
    
 
   $
402,426,688

Percentages are stated as a percent of net assets.
  
 
The Global Industry Classification Standard ("GICS®") was developed by and/or is the exclusive property of MSCI, Inc. ("MSCI") and Standard & Poor’s Financial Services LLC (“S&P”). GICS® is a service mark of MSCI and S&P and has been licensed for use by U.S. Bank Global Fund Services.

ADR - American Depositary Receipt
AMBAC American Municipal Bond Assurance Corporation
NV - Naamloze Vennootschap
PLC - Public Limited Company
SA - Sociedad Anónima

(a)
Non-income producing security.
(b)
Represents less than 0.05% of net assets.
(c)
The rate shown represents the 7-day effective yield as of May 31, 2024.
Column Small Cap Fund
  
Schedule of Forward Currency Contracts
  
as of May 31, 2024 (Unaudited)
  
   
Settlement
Date
Currency Purchased
  
Currency Sold
  
Counterparty
  
Unrealized
Appreciation (Depreciation)
  
                         
06/28/2024
CAD
    
532,758
  
USD
    
390,000
  
Bank of America Securities, Inc.
  
$
1,105
  
06/28/2024
USD
    
1,845,245
  
CAD
    
2,503,882
  
Bank of America Securities, Inc.
    
7,115
  
Total Unrealized Appreciation (Depreciation)
  
$
8,220
  
CAD - Canadian Dollar
            
USD - United States Dollar
            
Notes to Schedule of Investments
May 31, 2024 (Unaudited)

Investment Valuation

Each equity security owned by a Fund, including depositary receipts, that is listed on a national securities exchange, except for portfolio securities listed on the NASDAQ Stock Market, LLC (“NASDAQ”) is valued at its last sale price or official closing price on that exchange on the close of that exchange on the date as of which assets are valued. If a security is listed on more than one exchange, the Funds will use the price on the exchange that the Funds generally consider to be the principal exchange on which the security is traded.

 Portfolio securities listed on NASDAQ will be valued at the NASDAQ Official Closing Price (“NOCP”), which may not necessarily represent the last sale price. If there has been no sale on such exchange or on NASDAQ on such day, the security is valued at the most recent quoted bid at the close of the exchange on such day or the security shall be valued at the latest sales price on the “composite market” for the day such security is being valued. The composite market is defined as a consolidation of the trade information provided by national securities and foreign exchanges and over-the-counter markets as published by an approved independent pricing service (a “Pricing Service”).

Debt securities, including short-term debt instruments having a maturity of 60 days or less, are valued at prices supplied by an approved Pricing Service. Where the price of a long-term debt security is not available from a Pricing Service, the most recent quotation from one or more broker-dealers known to follow the issue will be obtained. Quotations will be valued at the bid price. When a Fund buys a when-issued, new issue or delayed delivery debt security and the security is not yet being traded or 97 Column Funds Notes to Financial Statements February 29, 2024 (Unaudited) priced by a Pricing Service, the security will be valued at cost. Thereafter, the security will be valued at its market value or its fair value if the security has not commenced trading or is not priced by a Pricing Service for longer than five days. Any discount or premium is accreted or amortized using the constant yield method until maturity.

 Forward currency contracts are valued at the mean between the bid and asked prices. Redeemable securities issued by open-end, registered investment companies, including money market funds, are valued at the net asset values (“NAVs”) of such companies for purchase and/or redemption orders placed on that day. All ETFs are valued at the last reported sale price on the exchange on which the security is principally traded.

 Foreign securities will be priced in their local currencies as of the close of their primary exchange or market or as of the time a Fund calculates its NAV, whichever is earlier. Foreign securities, currencies and other assets denominated in foreign currencies are then translated into U.S. dollars at the exchange rate of such currencies against the U.S. dollar, as provided by an approved pricing service or reporting agency. All assets denominated in foreign currencies will be converted into U.S. dollars using the applicable currency exchange rates as of the close of the NYSE, generally 4:00 p.m. Eastern Time. Occasionally, events which affect the values of such securities may occur between the times at which the values are determined and the close of the New York Stock Exchange and will therefore not be reflected in the computation of the Fund’s net asset value. If events materially affecting the value of such securities occur during such period, then these securities will be valued at fair value in good faith as determined by the Adviser in accordance with its fair valuation procedures. If on any business day a change in the value of the equity markets exceeds a certain threshold as determined by reference to a broad-based index, then each foreign equity security held by a Fund (other than those traded in countries outside of Canada, Mexico, Central and South America) will be valued at its fair value by using a value determined by an independent pricing agent rather than using the last closing price of such foreign security on its principal overseas market. A value determined by an independent pricing agent will also be used to fair value foreign securities held by a Fund on any day when a foreign market is closed due to a local holiday or other scheduled closure, but the New York Stock Exchange is open.

 If market quotations are not readily available, a security or other asset will be valued at its fair value in accordance with Rule 2a-5 of the 1940 Act as determined under the Adviser’s fair value pricing procedures, subject to oversight by the Trust’s Board of Trustees. These fair value pricing procedures will also be used to price a security when corporate events, events in the securities market and/or world events cause the Adviser to believe that a security’s last sale price may not reflect its actual fair value. The intended effect of using fair value pricing procedures is to ensure that the Fund is accurately priced. The Adviser will regularly evaluate whether the Fund’s fair value pricing procedures continue to be appropriate in light of the specific circumstances of the Fund and the quality of prices obtained through the application of such procedures.

FASB Accounting Standards Codification, “Fair Value Measurement” Topic 820 (“ASC 820”), establishes an authoritative definition of fair value and sets out a hierarchy for measuring fair value. ASC 820 requires an entity to evaluate certain factors to determine whether there has been a significant decrease in volume and level of activity for the security such that recent transactions and quoted prices may not be determinative of fair value and further analysis and adjustment may be necessary to estimate fair value. ASC 820 also requires enhanced disclosures regarding the inputs and valuation techniques used to measure fair value in those instances as well as expanded disclosure of valuation levels for each class of investments. These inputs are summarized in the three broad levels listed below:

Level 1—Quoted prices in active markets for identical securities.
Level 2—Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.).
Level 3—Significant unobservable inputs (including the Fund’s own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. The following is a summary of the inputs used to value each Fund’s investments carried at fair value as of May 31, 2024:

   
Level 1
    
Level 2
    
Level 3
    
Total
  
Investments:
                        
  Common Stocks
    
373,402,378
      
6,715,501
      
–
      
380,117,879
  
  Real Estate Investment Trusts
    
8,614,739
      
–
      
–
      
8,614,739
  
  Closed End Funds
    
6,639
      
–
      
–
      
6,639
  
  Money Market Funds
    
12,895,748
      
–
      
–
      
12,895,748
  
Total Investments
    
394,919,504
      
6,715,501
      
–
      
401,635,005
  
   
Other Financial Instruments*:
                                
  Forwards
    
–
      
8,220
      
–
      
8,220
  
Total Other Financial Instruments
    
–
      
8,220
      
–
      
8,220
  
   
* The fair value of the Fund's investment represents the net unrealized appreciation (depreciation) as of May 31, 2024.
  
   
Refer to the Schedule of Investments for additional information.