The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
1 2/15/25 CONVERTIBLE BOND 44933TAB2 1,098 1,250,000 PRN   SOLE   1,250,000 0 0
1 800 FLOWERS COM INC CL A COM 68243Q106 986 152,000 SH   SOLE   152,000 0 0
A10 NETWORKS INC COM COM 002121101 942 71,000 SH   SOLE   71,000 0 0
ACCURAY INC COM COM 004397105 135 65,000 SH   SOLE   65,000 0 0
ACME UTD CORP COM COM 004816104 1,266 55,000 SH   SOLE   55,000 0 0
AEROJET ROCKETDYNE HOLDINGS COM 007800105 20,275 507,000 SH   SOLE   507,000 0 0
AGILYSYS INC COM 00847J105 221 4,000 SH   SOLE   4,000 0 0
AKAM 0.375 09/01/27 CVT CONVERTIBLE BOND 00971TAL5 281 300,000 PRN   SOLE   300,000 0 0
ALITHYA GROUP INC CL A SUB VTG COM 01643B106 1,395 722,821 SH   SOLE   722,821 0 0
ALLEGIANCE BANCSHARES INC COM COM 01748H107 1,957 47,000 SH   SOLE   47,000 0 0
ALLIED MOTION TECHNOLOGIES ICO COM 019330109 3,848 134,460 SH   SOLE   134,460 0 0
AMERICAN OUTDOOR BRANDS INC CO COM 02875D109 1,070 122,000 SH   SOLE   122,000 0 0
AMERICAN SOFTWARE INC CL A COM 029683109 2,206 144,000 SH   SOLE   144,000 0 0
AMERICAN VANGUARD CORP COM COM 030371108 374 20,000 SH   SOLE   20,000 0 0
AMPCO PITTSBURGH CORP COM 032037103 493 134,016 SH   SOLE   134,016 0 0
AMPCO-PITTSBURG CORP WT A EXP WARRANT AND RIGH 032037111 13 47,000 SH   SOLE   47,000 0 0
ANTERIX INC COM COM 03676C100 2,250 63,000 SH   SOLE   63,000 0 0
APTV 5 1/2 6/15/23 CONVERTIBLE PREF G6095L117 845 8,875 SH   SOLE   8,875 0 0
ARLO TECHNOLOGIES INC COM COM 04206A101 682 147,000 SH   SOLE   147,000 0 0
ARTESIAN RES CORP COM CL A COM 043113208 1,666 34,626 SH   SOLE   34,626 0 0
ASTEC INDS INC COM COM 046224101 6,831 219,000 SH   SOLE   219,000 0 0
ASTRONICS CORP COM COM 046433108 1,596 203,000 SH   SOLE   203,000 0 0
ATLANTIC AMERN CORP COM COM 048209100 63 22,000 SH   SOLE   22,000 0 0
ATLANTIC UN BANKSHARES CORP CO COM 04911A107 1,268 41,744 SH   SOLE   41,744 0 0
AVID TECHNOLOGY INC COM 05367P100 698 30,000 SH   SOLE   30,000 0 0
AZZ INC COM COM 002474104 621 17,000 SH   SOLE   17,000 0 0
BADGER METER INC COM COM 056525108 1,792 19,400 SH   SOLE   19,400 0 0
BALLYS CORPORATION COM COM 05875B106 849 42,964 SH   SOLE   42,964 0 0
BAND 1/4 3/1/26 CONVERTIBLE BOND 05988JAB9 456 700,000 PRN   SOLE   700,000 0 0
BANK7 CORP COM COM 06652N107 306 13,800 SH   SOLE   13,800 0 0
BASSETT FURNITURE INDS COM 070203104 434 27,700 SH   SOLE   27,700 0 0
BE 2 1/2 8/15/25 CONVERTIBLE BOND 093712AH0 676 485,000 PRN   SOLE   485,000 0 0
BEASLEY BROADCAST GRP INC. COM 074014101 391 362,000 SH   SOLE   362,000 0 0
BELLRING DISTR LLC COMMON STOC COM 07831C103 309 15,000 SH   SOLE   15,000 0 0
BERKSHIRE HILLS BANCORP INC CO COM 084680107 308 11,275 SH   SOLE   11,275 0 0
BIG 5 SPORTING GOODS CORP COM COM 08915P101 172 16,000 SH   SOLE   16,000 0 0
BL 1/8 8/1/24 CONVERTIBLE BOND 09239BAB5 363 350,000 PRN   SOLE   350,000 0 0
BOYD GAMING CORP COM 103304101 908 19,051 SH   SOLE   19,051 0 0
BRIDGE BANCORP INC COM COM 25432X102 618 21,111 SH   SOLE   21,111 0 0
CADENCE BANK COM 12740C103 387 15,240 SH   SOLE   15,240 0 0
CADIZ INC COM 127537207 19 10,000 SH   SOLE   10,000 0 0
CAESARS ENTERTAINMENT INC COM COM 12769G100 694 21,500 SH   SOLE   21,500 0 0
CALAVO GROWERS INC COM COM 128246105 1,683 53,000 SH   SOLE   53,000 0 0
CALIFORNIA WTR SVC GROUP COM COM 130788102 1,243 23,600 SH   SOLE   23,600 0 0
CAPITAL CITY BK GROUP INC COM COM 139674105 2,545 81,800 SH   SOLE   81,800 0 0
CAPITOL FEDERAL FINANCIAL INC COM 14057J101 83 10,000 SH   SOLE   10,000 0 0
CARDIOVASCULAR SYS INC DEL COM COM 141619106 491 35,400 SH   SOLE   35,400 0 0
CASELLA WASTE SYS INC CL A COM 147448104 3,995 52,300 SH   SOLE   52,300 0 0
CAVCO INDUSTRIES COM 149568107 4,885 23,740 SH   SOLE   23,740 0 0
CDLX 1 9/15/25 CONVERTIBLE BOND 14161WAB1 474 780,000 PRN   SOLE   780,000 0 0
CHASE CORP COM 16150R104 3,217 38,500 SH   SOLE   38,500 0 0
CHESAPEAKE UTILS CORP COM COM 165303108 1,059 9,180 SH   SOLE   9,180 0 0
CHRS 1 1/2 4/15/26 CONVERTIBLE BOND 19249HAB9 204 255,000 PRN   SOLE   255,000 0 0
CHURCHILL DOWNS INC COM COM 171484108 735 3,990 SH   SOLE   3,990 0 0
CIRCOR INTL INC COM COM 17273K109 1,233 74,766 SH   SOLE   74,766 0 0
CITIZENS & NORTHN CORP COM COM 172922106 400 16,560 SH   SOLE   16,560 0 0
CNMD 2 5/8 2/1/24 CONVERTIBLE BOND 207410AF8 383 350,000 PRN   SOLE   350,000 0 0
COLUMBUS MCKINNON CORP N Y COM COM 199333105 1,944 74,300 SH   SOLE   74,300 0 0
COMMERCIAL VEH GROUP INC COM COM 202608105 1,410 313,300 SH   SOLE   313,300 0 0
COMTECH TELECOMMUNICATIONS CCO COM 205826209 1,897 189,500 SH   SOLE   189,500 0 0
CONFORMIS INC COM COM 20717E105 35 185,000 SH   SOLE   185,000 0 0
CONSOLIDATED WATER CO LTD ORD COM G23773107 938 61,000 SH   SOLE   61,000 0 0
CORE MOLDING TECH COM COM 218683100 1,663 167,500 SH   SOLE   167,500 0 0
CTS CORP COM 126501105 10,187 244,580 SH   SOLE   244,580 0 0
CUTERA INC COM COM 232109108 11,020 241,660 SH   SOLE   241,660 0 0
CUTR 2 1/4 3/15/26 CONVERTIBLE BOND 232109AB4 456 300,000 PRN   SOLE   300,000 0 0
DAKTRONICS INC COM COM 234264109 122 45,000 SH   SOLE   45,000 0 0
DANA HOLDING CORP COM COM 235825205 543 47,500 SH   SOLE   47,500 0 0
DAWSON GEOPHYSICAL CO NEW COM COM 239360100 38 24,000 SH   SOLE   24,000 0 0
DBX 0 3/1/28 CONVERTIBLE BOND 26210CAD6 428 500,000 PRN   SOLE   500,000 0 0
DENNYS CORP COM COM 24869P104 536 57,000 SH   SOLE   57,000 0 0
DHI GROUP INC COM COM 23331S100 242 45,000 SH   SOLE   45,000 0 0
DHR 5 4/15/23 CONVERTIBLE PREF 235851409 674 500 SH   SOLE   500 0 0
DIEBOLD NIXDORF COM 253651103 630 258,000 SH   SOLE   258,000 0 0
DIGI INTL INC COM COM 253798102 2,212 64,000 SH   SOLE   64,000 0 0
DISH 0 12/15/25 CONVERTIBLE BOND 25470MAF6 461 700,000 PRN   SOLE   700,000 0 0
DISTRIBUTION SOLUTIONS GROUP COM 520776105 5,226 185,500 SH   SOLE   185,500 0 0
DUCOMMUN INC DEL COM COM 264147109 7,160 180,540 SH   SOLE   180,540 0 0
EASTERN CO COM COM 276317104 5,170 298,000 SH   SOLE   298,000 0 0
ELECTROMED INC COM COM 285409108 360 35,142 SH   SOLE   35,142 0 0
ELY 2 3/4 5/1/26 CORPORATE BONDS 131193AE4 465 360,000 PRN   SOLE   360,000 0 0
ENERGY RECOVERY INC COM 29270J100 652 30,000 SH   SOLE   30,000 0 0
EXACT SCIENCES 0.375 03/01/28 CONVERTIBLE BOND 30063PAC9 320 500,000 PRN   SOLE   500,000 0 0
EXELIXIS INC COM COM 30161Q104 956 61,000 SH   SOLE   61,000 0 0
EXTREME NETWORKS INC COM COM 30226D106 1,176 90,000 SH   SOLE   90,000 0 0
EYE 2 1/2 5/15/25 CONVERTIBLE BOND 63845RAB3 453 365,000 PRN   SOLE   365,000 0 0
F N B CORP PA COM COM 302520101 858 74,000 SH   SOLE   74,000 0 0
FARMER BROS CO COM 307675108 1,950 415,700 SH   SOLE   415,700 0 0
FARMERS NATL BANC CORP COM COM 309627107 524 40,000 SH   SOLE   40,000 0 0
FEDERAL SIGNAL CORP COM COM 313855108 4,105 110,000 SH   SOLE   110,000 0 0
FIRST INTERNET BANCORP COM COM 320557101 895 26,440 SH   SOLE   26,440 0 0
FLUSHING FINL CORP COM COM 343873105 7,579 391,300 SH   SOLE   391,300 0 0
FOSTER L B CO COM COM 350060109 1,576 161,479 SH   SOLE   161,479 0 0
FOUR 0 12/15/25 CORPORATE BONDS 82452JAB5 490 565,000 PRN   SOLE   565,000 0 0
FREQUENCY ELECTRS INC COM COM 358010106 68 11,900 SH   SOLE   11,900 0 0
FRP HLDGS INC COM COM 30292L107 1,134 20,867 SH   SOLE   20,867 0 0
FS BANCORP INC COM COM 30263Y104 875 32,116 SH   SOLE   32,116 0 0
GAMBLING.COM GROUP LTD COM G3R239101 1,474 194,000 SH   SOLE   194,000 0 0
GAN LTD ORD SHS COM G3728V109 62 28,000 SH   SOLE   28,000 0 0
GARRETT MOTION INC COM 366505105 283 50,000 SH   SOLE   50,000 0 0
GENCOR INDS INC COM COM 368678108 4,289 476,037 SH   SOLE   476,037 0 0
GENIUS SPORTS LTD COM G3934V109 73 20,000 SH   SOLE   20,000 0 0
GENTHERM INC COM COM 37253A103 606 12,190 SH   SOLE   12,190 0 0
GIBRALTER INDUSTRIES INC COM 374689107 3,827 93,500 SH   SOLE   93,500 0 0
GOLDEN ENTERTAINMENT INC COM 381013101 4,239 121,500 SH   SOLE   121,500 0 0
GORMAN RUPP CO COM 383082104 2,046 86,000 SH   SOLE   86,000 0 0
GRAHAM CORP COM COM 384556106 984 112,000 SH   SOLE   112,000 0 0
GRAY TELEVISION, INC COM 389375106 3,453 241,120 SH   SOLE   241,120 0 0
GRAY TELEVISION, INC CL A COM 389375205 1,124 86,600 SH   SOLE   86,600 0 0
GRIFFON CORP COM COM 398433102 8,792 297,840 SH   SOLE   297,840 0 0
GYRODYNE LLC COM COM 403829104 155 16,138 SH   SOLE   16,138 0 0
HANOVER BANCORP INC/NY COM 410710206 287 15,000 SH   SOLE   15,000 0 0
HAWKINS INC COM COM 420261109 2,840 72,840 SH   SOLE   72,840 0 0
HERC HLDGS INC COM COM 42704L104 623 6,000 SH   SOLE   6,000 0 0
HOMESTREET INC COM COM 43785V102 787 27,300 SH   SOLE   27,300 0 0
I3 VERTICALS INC COM CL A COM 46571Y107 2,203 110,000 SH   SOLE   110,000 0 0
IAA SPINCO INC COM COM 449253103 430 13,500 SH   SOLE   13,500 0 0
ICC HOLDINGS INC COM 44931Q104 259 17,000 SH   SOLE   17,000 0 0
ICF INTL INC COM COM 44925C103 2,156 19,780 SH   SOLE   19,780 0 0
IMAX CORP COM COM 45245E113 424 30,000 SH   SOLE   30,000 0 0
INDUS REALTY TRUST INC COM 45580R103 10,535 201,166 SH   SOLE   201,166 0 0
INFN 2 1/2 3/1/2027 CORPORATE BONDS 45667GAE3 694 750,000 PRN   SOLE   750,000 0 0
INFUSYSTEM HLDGS INC COM COM 45685K102 1,398 200,000 SH   SOLE   200,000 0 0
INGLES MKTS INC CL A COM 457030104 840 10,600 SH   SOLE   10,600 0 0
INN 1 1/2 2/15/26 CONVERTIBLE BOND 866082AA8 324 385,000 PRN   SOLE   385,000 0 0
INNOVATE CORP COM 45784J105 210 300,000 SH   SOLE   300,000 0 0
INNOVATIVE SOLUTIONS & SUPPOCO COM 45769N105 915 106,000 SH   SOLE   106,000 0 0
INSPIRED ENTMT INC COM COM 45782N108 3,141 355,721 SH   SOLE   355,721 0 0
INTEGER HOLDINGS CORP COM 45826H109 1,352 21,730 SH   SOLE   21,730 0 0
INTEVAC INC COM COM 461148108 1,032 222,000 SH   SOLE   222,000 0 0
INVITAE CORP COM COM 46185L103 25 10,000 SH   SOLE   10,000 0 0
IRIDIUM COMMUNICATIONS INC COM COM 46269C102 333 7,500 SH   SOLE   7,500 0 0
ISPECIMEN INC COM COM 45032V108 66 40,000 SH   SOLE   40,000 0 0
IVC 4 1/4 3/15/26 CONVERTIBLE BOND 461203AQ4 170 365,000 PRN   SOLE   365,000 0 0
JBLU 0 1/2 4/1/26 CONVERTIBLE BOND 477143AP6 488 680,000 PRN   SOLE   680,000 0 0
JOHN BEAN TECHNOLOGIES CORP CO COM 477839104 860 10,000 SH   SOLE   10,000 0 0
JOHNSON OUTDOORS INC CL A COM 479167108 257 5,000 SH   SOLE   5,000 0 0
KAMAN CORP COM 483548103 3,933 140,830 SH   SOLE   140,830 0 0
KAR AUCTION SVCS INC COM COM 48238T109 355 31,800 SH   SOLE   31,800 0 0
KIMBALL ELECTRONICS INC COM COM 49428J109 607 35,400 SH   SOLE   35,400 0 0
KIMBALL INTL INC CL B COM 494274103 1,591 253,000 SH   SOLE   253,000 0 0
KKR & CO INC CL A COM 48251W104 2,688 62,500 SH   SOLE   62,500 0 0
LA Z BOY CHAIR CO COM 505336107 745 33,000 SH   SOLE   33,000 0 0
LANDS END INC NEW COM COM 51509F105 154 20,000 SH   SOLE   20,000 0 0
LEE ENTERPRISES INC COM COM 523768406 343 19,500 SH   SOLE   19,500 0 0
LEGACY HOUSING CORP COM COM 52472M101 1,384 80,700 SH   SOLE   80,700 0 0
LEMAITRE VASCULAR INC COM COM 525558201 279 5,500 SH   SOLE   5,500 0 0
LENDINGTREE INC DTD 07/15/2 0. CONVERTIBLE BOND 52603BAD9 178 250,000 PRN   SOLE   250,000 0 0
LIFETIME BRANDS INC COM COM 53222Q103 1,656 244,675 SH   SOLE   244,675 0 0
LIMONEIRA CO COM COM 532746104 2,676 203,000 SH   SOLE   203,000 0 0
LINDSAY CORP COM 535555106 427 2,980 SH   SOLE   2,980 0 0
LITE 1/2 12/15/26 CONVERTIBLE BOND 55024UAD1 469 500,000 PRN   SOLE   500,000 0 0
LLNW 3 1/2 8/1/25 CORPORATE BONDS 53261MAB0 636 700,000 PRN   SOLE   700,000 0 0
LRN 1 1/8 9/1/27 CONVERTIBLE BOND 86333MAA6 1,122 1,100,000 PRN   SOLE   1,100,000 0 0
LUV 1 1/4 5/1/25 CONVERTIBLE BOND 844741BG2 1,150 1,000,000 PRN   SOLE   1,000,000 0 0
MANITOWOC CO INC COM NEW COM 563571405 167 21,500 SH   SOLE   21,500 0 0
MARCUS CORP COM COM 566330106 1,007 72,500 SH   SOLE   72,500 0 0
MARINE PRODS CORP COM COM 568427108 3,384 400,000 SH   SOLE   400,000 0 0
MARINEMAX INC COM COM 567908108 387 13,000 SH   SOLE   13,000 0 0
MATERIALISE NV SPONSORED ADS COM 57667T100 107 10,000 SH   SOLE   10,000 0 0
MEDALLION FINANCIAL CORP COM 583928106 716 102,000 SH   SOLE   102,000 0 0
MELI 2 8/15/28 CONVERTIBLE BOND 58733RAD4 595 300,000 PRN   SOLE   300,000 0 0
MESA LABS INC COM COM 59064R109 662 4,700 SH   SOLE   4,700 0 0
METHODE ELECTRS INC CL A COM 591520200 773 20,800 SH   SOLE   20,800 0 0
MIDDLEBY CORP COM COM 596278101 2,310 18,020 SH   SOLE   18,020 0 0
MIDDLESEX WTR CO COM COM 596680108 521 6,752 SH   SOLE   6,752 0 0
MITEK SYS INC COM NEW COM 606710200 1,255 137,000 SH   SOLE   137,000 0 0
MODINE MFG CO COM 607828100 4,594 355,000 SH   SOLE   355,000 0 0
MONEYGRAM INTERNATIONAL INC CO COM 60935Y208 260 25,000 SH   SOLE   25,000 0 0
MOTORCAR PTS & ACCESSORS INCCO COM 620071100 274 18,000 SH   SOLE   18,000 0 0
MOVADO GROUP INC COM COM 624580106 1,395 49,500 SH   SOLE   49,500 0 0
MSA SAFETY INC COM COM 553498106 852 7,800 SH   SOLE   7,800 0 0
MYERS INDS INC COM 628464109 12,416 753,870 SH   SOLE   753,870 0 0
MYR GROUP INC DEL COM COM 55405W104 1,923 22,700 SH   SOLE   22,700 0 0
NAPCO SEC SYS INC COM COM 630402105 872 30,000 SH   SOLE   30,000 0 0
NATHANS FAMOUS INC NEW COM COM 632347100 14,022 220,234 SH   SOLE   220,234 0 0
NATURAL GROCERS BY VITAMIN CCO COM 63888U108 173 16,000 SH   SOLE   16,000 0 0
NAUTILUS INC COM 63910B102 17 10,500 SH   SOLE   10,500 0 0
NAVIGATOR HOLDINGS LTD SHS COM Y62132108 1,151 100,530 SH   SOLE   100,530 0 0
NCLH 5 3/8 8/1/25 CORPORATE BONDS 62886HAX9 249 250,000 PRN   SOLE   250,000 0 0
NEOGEN CORP COM COM 640491106 2,962 212,000 SH   SOLE   212,000 0 0
NEOGENOMICS INC COM NEW COM 64049M209 521 60,500 SH   SOLE   60,500 0 0
NEURONETICS INC COM COM 64131A105 184 58,000 SH   SOLE   58,000 0 0
NICE 0 9/15/25 CONVERTIBLE BOND 653656AB4 632 680,000 PRN   SOLE   680,000 0 0
NICE 1 1/4 1/15/24 CONVERTIBLE BOND 65366HAB9 463 205,000 PRN   SOLE   205,000 0 0
OCEANFIRST FINL CORP COM COM 675234108 361 19,390 SH   SOLE   19,390 0 0
OIL DRI CORP AMER COM COM 677864100 654 27,020 SH   SOLE   27,020 0 0
OMNICELL INC COM COM 68213N109 566 6,500 SH   SOLE   6,500 0 0
OPKO HEALTH INC COM COM 68375N103 397 210,000 SH   SOLE   210,000 0 0
OPTION CARE HEALTH INC COM 68404L201 661 21,000 SH   SOLE   21,000 0 0
ORTHOFIX MED INC COM COM 68752M108 1,198 62,700 SH   SOLE   62,700 0 0
OTONOMO TECHNOLOGIES LTD ORDIN COM M7571L103 18 45,000 SH   SOLE   45,000 0 0
PACIFIC PREMIER BANCORP COM COM 69478X105 341 11,000 SH   SOLE   11,000 0 0
PAR 2 7/8 4/15/26 CONVERTIBLE BOND 698884AC7 988 1,000,000 PRN   SOLE   1,000,000 0 0
PARATEK PHARMACEUTICALS INC CO COM 699374302 113 44,000 SH   SOLE   44,000 0 0
PARK AEROSPACE CORP COM 70014A104 712 64,500 SH   SOLE   64,500 0 0
PARK OHIO HLDGS CORP COM COM 700666100 2,245 198,500 SH   SOLE   198,500 0 0
PEB 1 3/4 12/15/26 CONVERTIBLE BOND 70509VAA8 176 200,000 PRN   SOLE   200,000 0 0
PETQ 4 6/1/26 CORPORATE BONDS 71639TAB2 402 490,000 PRN   SOLE   490,000 0 0
PFSWEB INC COM NEW COM 717098206 2,433 261,000 SH   SOLE   261,000 0 0
PINEAPPLE ENERGY INC COM 72303P107 33 38,000 SH   SOLE   38,000 0 0
PLAYAGS INC COM COM 72814N104 1,230 232,000 SH   SOLE   232,000 0 0
PLAYSTUDIOS INC COM 72815G108 109 30,000 SH   SOLE   30,000 0 0
PODD 3/8 9/1/26 144A CONVERTIBLE BOND 45784PAK7 1,181 1,000,000 PRN   SOLE   1,000,000 0 0
POST HOLDINGS PARTNERING COR COM 737465203 2,770 285,000 SH   SOLE   285,000 0 0
PRIMIS FINANCIAL CORP COM COM 74167B109 388 32,000 SH   SOLE   32,000 0 0
PRIMO WATER CORP COM 74167P108 188 15,000 SH   SOLE   15,000 0 0
PRO 2 1/4 9/15/27 CONVERTIBLE BOND 74346YAG8 409 465,000 PRN   SOLE   465,000 0 0
PROGRESS SOFTWARE CORP 1.000 CONVERTIBLE BOND 743312AB6 807 860,000 PRN   SOLE   860,000 0 0
PRTK 4 3/4 5/1/24 CONVERTIBLE BOND 699374AB0 354 400,000 PRN   SOLE   400,000 0 0
PZENA INVESTMENT MGMT INC CLAS COM 74731Q103 1,232 130,000 SH   SOLE   130,000 0 0
READING INTERNATIONAL INC CL B COM 755408200 1,391 74,400 SH   SOLE   74,400 0 0
READING INTL INC CL A COM 755408101 935 284,269 SH   SOLE   284,269 0 0
RENASANT CORP COM COM 07597E111 1,053 33,651 SH   SOLE   33,651 0 0
RGC RES INC COM COM 74955L103 1,133 53,810 SH   SOLE   53,810 0 0
RPC INC. COMMON COM 749660106 416 60,000 SH   SOLE   60,000 0 0
RUSH ENTERPRISES INC CL A COM 781846209 1,696 38,660 SH   SOLE   38,660 0 0
RUSH ENTERPRISES INC CL B COM 781846308 4,168 87,000 SH   SOLE   87,000 0 0
RUSH STREET INTERACTIVE INC CO COM 782011100 74 20,000 SH   SOLE   20,000 0 0
SANDY SPRING BANCORP INC COM COM 800363103 934 26,500 SH   SOLE   26,500 0 0
SCHMITT INDS INC ORE COM NEW COM 806870200 1,228 593,000 SH   SOLE   593,000 0 0
SCRIPPS E W CO OHIO CL A COM 811054402 3,853 341,900 SH   SOLE   341,900 0 0
SILVERCREST ASSET MGMT GROUPCL COM 828359109 1,153 70,500 SH   SOLE   70,500 0 0
SINCLAIR BROADCAST GROUP INCCL COM 829226109 579 32,000 SH   SOLE   32,000 0 0
SJW GROUP COM 784305104 3,589 62,304 SH   SOLE   62,304 0 0
SKYLINE CHAMPION CORPORATION COM 830830105 3,886 73,500 SH   SOLE   73,500 0 0
SOUTH ST CORP COM COM 840441109 5,874 74,240 SH   SOLE   74,240 0 0
SOUTHERN FIRST BANCSHARES INCO COM 842873101 3,125 75,010 SH   SOLE   75,010 0 0
SPORTSMANS WHSE HLDGS INC COM COM 84920Y106 208 25,000 SH   SOLE   25,000 0 0
SRPT 1.250 09/15/27 CONVERTIBLE BOND 803607AC4 263 255,000 PRN   SOLE   255,000 0 0
STANDARD MTR PRODS INC CLASS A COM 853666105 1,561 48,028 SH   SOLE   48,028 0 0
STANDEX INTL CORP COM 854231107 1,208 14,800 SH   SOLE   14,800 0 0
STARRETT L S CO CL A COM 855668109 596 67,500 SH   SOLE   67,500 0 0
STEEL PARTNERS HLDGS L P COM 85814R107 3,847 92,700 SH   SOLE   92,700 0 0
STERIS PLC COM G8473T100 216 1,300 SH   SOLE   1,300 0 0
STONERIDGE INC COM 86183P102 1,865 110,000 SH   SOLE   110,000 0 0
SURMODICS INC COM COM 868873100 1,520 50,000 SH   SOLE   50,000 0 0
S&W SEED CO COM COM 785135104 299 410,000 SH   SOLE   410,000 0 0
TEAM INC COM COM 878155100 42 40,000 SH   SOLE   40,000 0 0
TEJON RANCH CO DEL COM COM 879080109 1,411 98,000 SH   SOLE   98,000 0 0
TENNANT CO COM 880345103 1,281 22,650 SH   SOLE   22,650 0 0
TERRITORIAL BANCORP INC COM COM 88145X108 556 30,000 SH   SOLE   30,000 0 0
TITAN INTL INC ILL COM COM 88830M102 249 20,500 SH   SOLE   20,500 0 0
TITAN MACHY INC COM COM 88830R101 3,928 139,000 SH   SOLE   139,000 0 0
TOWNSQUARE MEDIA INC CL A COM 892231101 1,089 150,000 SH   SOLE   150,000 0 0
TRANSACT TECHNOLOGIES INC COM COM 892918103 120 33,000 SH   SOLE   33,000 0 0
TRAVELCENTERS OF AMERICA INCCO COM 89421B109 647 12,000 SH   SOLE   12,000 0 0
TREDEGAR INDS INC COM 894650100 2,530 268,000 SH   SOLE   268,000 0 0
TRINITY PL HLDGS INC COM COM 89656D101 388 440,000 SH   SOLE   440,000 0 0
TRUSTCO BK CORP N Y COM NEW COM 898349204 315 10,010 SH   SOLE   10,010 0 0
TWIN DISC INC COM COM 901476101 1,290 112,500 SH   SOLE   112,500 0 0
TWOU 2 1/4 5/1/25 CONVERTIBLE BOND 90214JAB7 751 1,100,000 PRN   SOLE   1,100,000 0 0
TYLER TECHNOLOGIES INC COM COM 902252105 348 1,000 SH   SOLE   1,000 0 0
ULTRA CLEAN HLDGS INC COM COM 90385V107 2,395 93,000 SH   SOLE   93,000 0 0
ULTRALIFE BATTERIES INC COM COM 903899102 823 171,000 SH   SOLE   171,000 0 0
UNITED BANKSHARES INC WEST VCO COM 909907107 311 8,701 SH   SOLE   8,701 0 0
UNITED GUARDIAN INC COM COM 910571108 801 70,511 SH   SOLE   70,511 0 0
UNIVERSAL TECHNICAL INST INCCO COM 913915104 517 95,000 SH   SOLE   95,000 0 0
UPSTART HLDGS IND 0.25 08/15/ CORPORATE BONDS 91680MAB3 424 750,000 PRN   SOLE   750,000 0 0
VALLEY NATL BANCORP COM COM 919794107 552 51,152 SH   SOLE   51,152 0 0
VALUE LINE INC COM 920437100 1,396 31,800 SH   SOLE   31,800 0 0
VERINT SYS INC 0.250 04/15/26 CORPORATE BONDS 92343XAC4 767 925,000 PRN   SOLE   925,000 0 0
VIAD CORP COM NEW COM 92552R406 1,679 53,160 SH   SOLE   53,160 0 0
VILLAGE SUPER MKT INC CL A NEW COM 927107409 2,477 128,167 SH   SOLE   128,167 0 0
VISHAY PRECISION GROUP INC COM COM 92835K103 2,071 70,000 SH   SOLE   70,000 0 0
VRNS 1 1/4 8/15/25 CONVERTIBLE BOND 922280AB8 406 365,000 PRN   SOLE   365,000 0 0
WABASH NATL CORP COM COM 929566107 996 64,000 SH   SOLE   64,000 0 0
WASHINGTON TR BANCORP COM COM 940610108 2,040 43,900 SH   SOLE   43,900 0 0
WATERSTONE FINL INC MD COM COM 94188P101 1,209 74,800 SH   SOLE   74,800 0 0
WEBSTER FINL CORP WATERBURY CO COM 947890109 1,898 42,002 SH   SOLE   42,002 0 0
WESTERN NEW ENGLAND BANCORP COM 958892101 688 84,580 SH   SOLE   84,580 0 0
WILLAMETTE VY VINEYARD INC COM COM 969136100 142 23,000 SH   SOLE   23,000 0 0
WILLDAN GROUP INC COM COM 96924N100 1,392 94,000 SH   SOLE   94,000 0 0
WILLIAMS INDL SVCS GROUP INC C COM 96951A104 19 13,000 SH   SOLE   13,000 0 0
WINNEBAGO INDS INC COM COM 974637100 2,059 38,700 SH   SOLE   38,700 0 0
WK 1 1/8 8/15/26 CONVERTIBLE BOND 98139AAB1 697 600,000 PRN   SOLE   600,000 0 0
WORLD WRESTLING ENTERTAINMENT COM 98156Q108 1,789 25,500 SH   SOLE   25,500 0 0
YORK WTR CO COM COM 987184108 1,653 43,007 SH   SOLE   43,007 0 0
ZS 1/8 7/1/25 CONVERTIBLE BOND 98980GAB8 867 675,000 PRN   SOLE   675,000 0 0