| 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 |
| AT&T Inc. | COM | 00206R102 | 513 | 34,170 | SH | | SOLE | | 0 | 0 | 34,170 |
| Ares Commercial Real Estate Co | COM | 04013V108 | 597 | 62,700 | SH | | SOLE | | 43,534 | 0 | 19,166 |
| Armada Hoffler Properties, Inc | COM | 04208T108 | 1,016 | 99,260 | SH | | SOLE | | 78,210 | 0 | 21,050 |
| BGSF Inc. | COM | 05601C105 | 429 | 44,650 | SH | | SOLE | | 32,692 | 0 | 11,958 |
| BHP LTD ADR | ADR | 088606108 | 708 | 12,453 | SH | | SOLE | | 0 | 0 | 12,453 |
| BRT Apartments Corp. | COM | 055645303 | 1,178 | 68,183 | SH | | SOLE | | 54,955 | 0 | 13,228 |
| Chesapeake Utilities Corp. | COM | 165303108 | 1,209 | 12,365 | SH | | SOLE | | 8,413 | 0 | 3,952 |
| Commonwealth Bank of Australia | COM | 621503002 | 493 | 7,659 | SH | | SOLE | | 6,659 | 0 | 1,000 |
| Commonwealth Bank of Australia | COM | 202712600 | 557 | 8,670 | SH | | SOLE | | 0 | 0 | 8,670 |
| Community Healthcare Trust Inc | COM | 20369C106 | 733 | 24,666 | SH | | SOLE | | 16,436 | 0 | 8,230 |
| Diageo PLC ADR | ADR | 25243Q205 | 242 | 1,620 | SH | | SOLE | | 0 | 0 | 1,620 |
| Dorchester Minerals LP | UNIT LTD PARTN | 25820R105 | 823 | 28,343 | SH | | SOLE | | 26,172 | 0 | 2,171 |
| Enbridge Inc. | COM | 29250N105 | 703 | 20,953 | SH | | SOLE | | 16,760 | 0 | 4,193 |
| Energy Transfer LP | UNIT LTD PARTN | 29273V100 | 1,556 | 110,905 | SH | | SOLE | | 99,319 | 0 | 11,586 |
| Enterprise Products Partners L | UNIT LTD PARTN | 293792107 | 1,417 | 51,786 | SH | | SOLE | | 45,856 | 0 | 5,930 |
| Euronav NV | COM | B38564108 | 519 | 31,575 | SH | | SOLE | | 29,330 | 0 | 2,245 |
| Flex LNG Ltd. | COM | G35947202 | 567 | 18,805 | SH | | SOLE | | 14,172 | 0 | 4,633 |
| Gaztransport et Technigaz SAS | COM | ACI07W296 | 1,548 | 12,568 | SH | | SOLE | | 9,716 | 0 | 2,852 |
| Gladstone Investment Corp. | COM | 376546107 | 867 | 68,061 | SH | | SOLE | | 44,215 | 0 | 23,846 |
| Global Net Lease, Inc. | COM | 379378201 | 548 | 57,013 | SH | | SOLE | | 39,580 | 0 | 17,433 |
| Gulf Keystone Petroleum LTD | COM | G4209G207 | 264 | 210,865 | SH | | SOLE | | 182,515 | 0 | 28,350 |
| Hanesbrands, Inc. | COM | 410345102 | 84 | 21,165 | SH | | SOLE | | 0 | 0 | 21,165 |
| Innovative Industrial Properti | COM | 45781V101 | 212 | 2,808 | SH | | SOLE | | 0 | 0 | 2,808 |
| Keyera Corp. | COM | 593271951 | 400 | 17,020 | SH | | SOLE | | 13,088 | 0 | 3,932 |
| Kinder Morgan, Inc. | COM | 49456B101 | 1,213 | 73,178 | SH | | SOLE | | 48,298 | 0 | 24,880 |
| LTC Properties Inc. | COM | 502175102 | 343 | 10,664 | SH | | SOLE | | 0 | 0 | 10,664 |
| Labrador Iron Ore Royalty Corp | COM | 505440966 | 1,242 | 52,363 | SH | | SOLE | | 27,145 | 0 | 25,218 |
| LyondellBasell Industries NV | COM | N53745100 | 397 | 4,189 | SH | | SOLE | | 2,585 | 0 | 1,604 |
| National Grid PLC ADS | ADR | 636274409 | 992 | 16,365 | SH | | SOLE | | 11,964 | 0 | 4,401 |
| National Retail Properties | COM | 637417106 | 259 | 7,318 | SH | | SOLE | | 0 | 0 | 7,318 |
| NetApp Inc. | COM | 64110D104 | 1,143 | 15,066 | SH | | SOLE | | 10,505 | 0 | 4,561 |
| New York Community Bancorp, In | COM | 649445103 | 173 | 15,264 | SH | | SOLE | | 0 | 0 | 15,264 |
| ONE Gas, Inc. | COM | 68235P108 | 1,504 | 22,032 | SH | | SOLE | | 16,313 | 0 | 5,719 |
| ONEOK Inc. | COM | 682680103 | 238 | 3,757 | SH | | SOLE | | 0 | 0 | 3,757 |
| Omnicom Group | COM | 681919106 | 274 | 3,676 | SH | | SOLE | | 0 | 0 | 3,676 |
| Pembina Pipeline Corp. | COM | 706327103 | 1,261 | 41,964 | SH | | SOLE | | 31,070 | 0 | 10,894 |
| Precinct Properties New Zealan | COM | 609327903 | 272 | 394,939 | SH | | SOLE | | 382,889 | 0 | 12,050 |
| Primaris REIT | COM | 74167K109 | 137 | 13,757 | SH | | SOLE | | 11,401 | 0 | 2,356 |
| Public Storage | COM | 74460D109 | 304 | 1,153 | SH | | SOLE | | 0 | 0 | 1,153 |
| SFL Corp. LTD | COM | G7738W106 | 582 | 52,238 | SH | | SOLE | | 36,171 | 0 | 16,067 |
| Sabre Insurance Group PLC | COM | BYWVDP903 | 1,295 | 701,016 | SH | | SOLE | | 524,450 | 0 | 176,566 |
| Shell PLC ADR | ADR | 780259305 | 545 | 8,459 | SH | | SOLE | | 0 | 0 | 8,459 |
| Sparebank 1 SR-Bank | COM | B40JTQ902 | 794 | 69,200 | SH | | SOLE | | 49,515 | 0 | 19,685 |
| TC Energy Corp. | COM | 87807B107 | 687 | 19,965 | SH | | SOLE | | 18,331 | 0 | 1,634 |
| Tanger Factory Outlet Centers, | COM | 875465106 | 1,811 | 80,143 | SH | | SOLE | | 59,745 | 0 | 20,398 |
| Toronto Dominion Bank | COM | 891160509 | 1,424 | 23,636 | SH | | SOLE | | 10,784 | 0 | 12,852 |
| TotalEnergies SE ADR | ADR | 89151E109 | 1,286 | 19,557 | SH | | SOLE | | 12,164 | 0 | 7,393 |
| Verizon Communications Inc. | COM | 92343V104 | 474 | 14,618 | SH | | SOLE | | 0 | 0 | 14,618 |
| Western Midstream Partners, LP | UNIT LTD PARTN | 958669103 | 1,306 | 47,969 | SH | | SOLE | | 42,692 | 0 | 5,277 |
| 3M Co. | COM | 88579Y101 | 253 | 2,704 | SH | | SOLE | | 0 | 0 | 2,704 |
| APA Corp. | COM | 03743Q108 | 445 | 10,820 | SH | | SOLE | | 9,565 | 0 | 1,255 |
| AYR Wellness Inc. | COM | 05475P109 | 37 | 15,990 | SH | | SOLE | | 0 | 0 | 15,990 |
| Accenture PLC | COM | G1151C101 | 218 | 711 | SH | | SOLE | | 0 | 0 | 711 |
| Activision Blizzard, Inc. | COM | 00507V109 | 977 | 10,433 | SH | | SOLE | | 7,565 | 0 | 2,868 |
| Agilysys, Inc. | COM | 00847J105 | 774 | 11,705 | SH | | SOLE | | 9,201 | 0 | 2,504 |
| Air Products & Chemicals Inc. | COM | 009158106 | 611 | 2,157 | SH | | SOLE | | 1,317 | 0 | 840 |
| Airbnb Inc. | COM | 009066101 | 305 | 2,223 | SH | | SOLE | | 0 | 0 | 2,223 |
| Alphabet Inc. Class C | COM | 02079K107 | 2,991 | 22,682 | SH | | SOLE | | 12,235 | 0 | 10,447 |
| America's Car-Mart, Inc. | COM | 03062T105 | 866 | 9,522 | SH | | SOLE | | 6,484 | 0 | 3,038 |
| Apple Inc. | COM | 037833100 | 1,210 | 7,070 | SH | | SOLE | | 0 | 0 | 7,070 |
| Applied Material, Inc. | COM | 038222105 | 338 | 2,439 | SH | | SOLE | | 0 | 0 | 2,439 |
| AptarGroup, Inc. | COM | 038336103 | 1,275 | 10,200 | SH | | SOLE | | 7,821 | 0 | 2,379 |
| Associated Banc-Corp | COM | 045487105 | 1,168 | 68,287 | SH | | SOLE | | 50,365 | 0 | 17,922 |
| Atmos Energy Corp. | COM | 049560105 | 1,035 | 9,766 | SH | | SOLE | | 8,025 | 0 | 1,741 |
| Automatic Data Processing, Inc | COM | 053015103 | 2,558 | 10,634 | SH | | SOLE | | 8,000 | 0 | 2,634 |
| Avery Dennison Corp. | COM | 053611109 | 1,354 | 7,411 | SH | | SOLE | | 5,245 | 0 | 2,166 |
| BW Energy LTD | COM | ACI1JYPR2 | 425 | 165,945 | SH | | SOLE | | 145,635 | 0 | 20,310 |
| Banco del Bajio SA | COM | ACI0VM9Y9 | 2,010 | 640,533 | SH | | SOLE | | 525,625 | 0 | 114,908 |
| Bank of America Corp. | COM | 060505104 | 481 | 17,585 | SH | | SOLE | | 0 | 0 | 17,585 |
| Best Buy Co. Inc. | COM | 086516101 | 390 | 5,610 | SH | | SOLE | | 0 | 0 | 5,610 |
| Bioceres Crop Solutions Corp. | COM | G1117K114 | 754 | 66,789 | SH | | SOLE | | 51,945 | 0 | 14,844 |
| Bonterra Energy Corp. | COM | 098546104 | 602 | 109,480 | SH | | SOLE | | 97,430 | 0 | 12,050 |
| Bristol Myers Squibb Co. | COM | 110122108 | 388 | 6,690 | SH | | SOLE | | 0 | 0 | 6,690 |
| CVS Health Corp. | COM | 126650100 | 1,065 | 15,252 | SH | | SOLE | | 4,135 | 0 | 11,117 |
| Cannabist Company Holdings Inc | COM | 197309107 | 44 | 48,770 | SH | | SOLE | | 0 | 0 | 48,770 |
| Church & Dwight Company, Inc. | COM | 171340102 | 746 | 8,137 | SH | | SOLE | | 5,968 | 0 | 2,169 |
| Cisco Systems Inc. | COM | 17275R102 | 859 | 15,972 | SH | | SOLE | | 0 | 0 | 15,972 |
| Climb Global Solutions Inc. | COM | 946760105 | 1,910 | 44,410 | SH | | SOLE | | 31,092 | 0 | 13,318 |
| Coats Group PLC | COM | B4YZN3906 | 546 | 611,235 | SH | | SOLE | | 510,135 | 0 | 101,100 |
| Comcast Corp. | COM | 20030N101 | 1,157 | 26,088 | SH | | SOLE | | 8,290 | 0 | 17,798 |
| Compagnie Michelin | COM | BPBPJ0907 | 723 | 23,488 | SH | | SOLE | | 23,488 | 0 | 0 |
| Credito Real Sofom ENR | COM | B8DST5905 | 0 | 997,884 | SH | | SOLE | | 821,884 | 0 | 176,000 |
| Cresco Labs | COM | 22587M106 | 207 | 101,820 | SH | | SOLE | | 0 | 0 | 101,820 |
| Cummins Inc. | COM | 231021106 | 2,104 | 9,210 | SH | | SOLE | | 6,204 | 0 | 3,006 |
| Curaleaf Holdings, Inc. | COM | 23126M102 | 388 | 85,763 | SH | | SOLE | | 0 | 0 | 85,763 |
| DLH Holdings Corp. | COM | 23335Q100 | 1,083 | 92,833 | SH | | SOLE | | 62,655 | 0 | 30,178 |
| Dana Inc. | COM | 235825205 | 728 | 49,604 | SH | | SOLE | | 38,865 | 0 | 10,739 |
| Datadog, Inc. | COM | 23804L103 | 320 | 3,514 | SH | | SOLE | | 0 | 0 | 3,514 |
| Dollarama Inc. | COM | 25675T958 | 1,257 | 18,240 | SH | | SOLE | | 13,463 | 0 | 4,777 |
| Eaton Corp. PLC | COM | G29183103 | 648 | 3,039 | SH | | SOLE | | 1,920 | 0 | 1,119 |
| Ebay Inc. | COM | 278642103 | 278 | 6,297 | SH | | SOLE | | 0 | 0 | 6,297 |
| Ecolab, Inc. | COM | 278865100 | 445 | 2,624 | SH | | SOLE | | 1,865 | 0 | 759 |
| Emerson Electric Co. | COM | 291011104 | 1,076 | 11,142 | SH | | SOLE | | 8,833 | 0 | 2,309 |
| Enerplus Resources Fund Trust | COM | 292766102 | 774 | 43,888 | SH | | SOLE | | 41,148 | 0 | 2,740 |
| FB Financial Corp. | COM | 30257X104 | 651 | 22,965 | SH | | SOLE | | 15,240 | 0 | 7,725 |
| Fastenal Co. | COM | 311900104 | 1,290 | 23,606 | SH | | SOLE | | 16,895 | 0 | 6,711 |
| Fidelity National Financial, I | COM | 31620R303 | 488 | 11,820 | SH | | SOLE | | 0 | 0 | 11,820 |
| Fiserv Inc. | COM | 337738108 | 2,279 | 20,179 | SH | | SOLE | | 15,419 | 0 | 4,760 |
| Garmin LTD | COM | H2906T109 | 1,009 | 9,594 | SH | | SOLE | | 6,951 | 0 | 2,643 |
| Gilead Sciences Inc | COM | 375558103 | 459 | 6,119 | SH | | SOLE | | 0 | 0 | 6,119 |
| Givaudan SA ADR | ADR | 37636P108 | 1,058 | 16,192 | SH | | SOLE | | 12,204 | 0 | 3,988 |
| Goldman Sachs Group Inc. | COM | 38141G104 | 205 | 635 | SH | | SOLE | | 0 | 0 | 635 |
| Graco Inc. | COM | 384109104 | 1,846 | 25,332 | SH | | SOLE | | 18,236 | 0 | 7,096 |
| Green Thumb Industries Inc. | COM | 39342L108 | 1,051 | 94,477 | SH | | SOLE | | 0 | 0 | 94,477 |
| Grupo Aeroportuario Del Pacifi | ADR | 400506101 | 2,037 | 12,394 | SH | | SOLE | | 10,257 | 0 | 2,137 |
| HP Inc. | COM | 40434L105 | 253 | 9,845 | SH | | SOLE | | 0 | 0 | 9,845 |
| Heineken NV ADR | ADR | 423012301 | 1,160 | 26,260 | SH | | SOLE | | 20,775 | 0 | 5,485 |
| Honeywell International Inc. | COM | 438516106 | 1,484 | 8,035 | SH | | SOLE | | 6,104 | 0 | 1,931 |
| Hormel Foods Corp. | COM | 440452100 | 895 | 23,523 | SH | | SOLE | | 17,840 | 0 | 5,683 |
| Hubbell Inc. | COM | 443510607 | 2,054 | 6,553 | SH | | SOLE | | 5,183 | 0 | 1,370 |
| IDEX Corp. | COM | 45167R104 | 930 | 4,471 | SH | | SOLE | | 3,196 | 0 | 1,275 |
| ITT Corp. | COM | 45073V108 | 2,322 | 23,720 | SH | | SOLE | | 18,925 | 0 | 4,795 |
| Indiva Limited | COM | 45580J101 | 3 | 112,000 | SH | | SOLE | | 0 | 0 | 112,000 |
| JPMorgan Chase & Co. | COM | 46625H100 | 498 | 3,437 | SH | | SOLE | | 0 | 0 | 3,437 |
| KLA Corp. | COM | 482480100 | 988 | 2,153 | SH | | SOLE | | 1,501 | 0 | 652 |
| LKQ Corp. | COM | 501889208 | 1,508 | 30,455 | SH | | SOLE | | 19,298 | 0 | 11,157 |
| Lakeland Financial Corp. | COM | 511656100 | 1,065 | 22,432 | SH | | SOLE | | 17,356 | 0 | 5,076 |
| Lam Research Corp. | COM | 512807108 | 873 | 1,392 | SH | | SOLE | | 988 | 0 | 404 |
| Lincoln Electric Holdings, Inc | COM | 533900106 | 1,036 | 5,698 | SH | | SOLE | | 4,186 | 0 | 1,512 |
| Linde PLC | COM | G54950103 | 2,351 | 6,313 | SH | | SOLE | | 4,309 | 0 | 2,004 |
| Magnolia Oil & Gas Corp. | COM | 559663109 | 701 | 30,604 | SH | | SOLE | | 28,760 | 0 | 1,844 |
| Martinrea International Inc. | COM | 573459963 | 833 | 90,436 | SH | | SOLE | | 64,120 | 0 | 26,316 |
| McDonald's Corp. | COM | 580135101 | 1,545 | 5,864 | SH | | SOLE | | 4,379 | 0 | 1,485 |
| Meta Platforms, Inc. | COM | 30303M102 | 1,198 | 3,991 | SH | | SOLE | | 899 | 0 | 3,092 |
| Mettler-Toledo International, | COM | 592688105 | 1,258 | 1,135 | SH | | SOLE | | 852 | 0 | 283 |
| Michelin ADR | ADR | 59410T106 | 225 | 14,764 | SH | | SOLE | | 0 | 0 | 14,764 |
| Nordson Corp. | COM | 655663102 | 797 | 3,569 | SH | | SOLE | | 2,734 | 0 | 835 |
| Norfolk & Southern Corp. | COM | 655844108 | 1,360 | 6,907 | SH | | SOLE | | 5,225 | 0 | 1,682 |
| Novartis AG ADR | ADR | 66987V109 | 1,375 | 13,501 | SH | | SOLE | | 5,909 | 0 | 7,592 |
| Novolipetsk GDR | ADR | B0RTNX900 | 0 | 25,060 | SH | | SOLE | | 25,060 | 0 | 0 |
| PagSeguro Digital LTD | COM | G68707101 | 294 | 34,181 | SH | | SOLE | | 23,119 | 0 | 11,062 |
| Paramount Global | COM | 92556H206 | 206 | 15,997 | SH | | SOLE | | 0 | 0 | 15,997 |
| Parker Hannifin Corp. | COM | 701094104 | 1,605 | 4,120 | SH | | SOLE | | 2,991 | 0 | 1,129 |
| Paychex, Inc. | COM | 704326107 | 1,976 | 17,133 | SH | | SOLE | | 12,259 | 0 | 4,874 |
| Plumas Bancorp | COM | 729273102 | 209 | 6,124 | SH | | SOLE | | 5,037 | 0 | 1,087 |
| Prosperity Bancshares Inc. | COM | 743606105 | 1,046 | 19,172 | SH | | SOLE | | 14,450 | 0 | 4,722 |
| Rostelecom Long Distance ADR | ADR | 778529107 | 0 | 54,850 | SH | | SOLE | | 47,320 | 0 | 7,530 |
| SThree PLC | COM | BOKM9T907 | 1,458 | 318,266 | SH | | SOLE | | 235,428 | 0 | 82,838 |
| Schneider Electric SA | COM | 483410007 | 1,717 | 10,346 | SH | | SOLE | | 8,272 | 0 | 2,074 |
| Sherwin-Williams Co. | COM | 824348106 | 1,621 | 6,356 | SH | | SOLE | | 4,824 | 0 | 1,532 |
| Skyworks Solutions Inc. | COM | 83088M102 | 1,433 | 14,540 | SH | | SOLE | | 9,346 | 0 | 5,194 |
| Snap-on Inc. | COM | 833034101 | 2,371 | 9,294 | SH | | SOLE | | 7,180 | 0 | 2,114 |
| Straumann Holdings AG | COM | 715683900 | 1,629 | 12,722 | SH | | SOLE | | 9,923 | 0 | 2,799 |
| Taiwan Semiconductor Manufactu | ADR | 874039100 | 636 | 7,319 | SH | | SOLE | | 5,404 | 0 | 1,915 |
| Tennant Co. | COM | 880345103 | 708 | 9,554 | SH | | SOLE | | 7,077 | 0 | 2,477 |
| Thunderbird Entertainment Grou | COM | 88605U958 | 588 | 381,554 | SH | | SOLE | | 310,470 | 0 | 71,084 |
| Treatt PLC | COM | AC1086L59 | 446 | 71,223 | SH | | SOLE | | 47,970 | 0 | 23,253 |
| Trulieve Cannabis Corp. | COM | 89788C104 | 271 | 44,455 | SH | | SOLE | | 0 | 0 | 44,455 |
| US Physical Therapy Inc. | COM | 90337L108 | 954 | 10,404 | SH | | SOLE | | 8,429 | 0 | 1,975 |
| United Health Group Incorporat | COM | 91324P102 | 453 | 898 | SH | | SOLE | | 0 | 0 | 898 |
| Verano Holdings Corp. | COM | 92338D101 | 51 | 11,225 | SH | | SOLE | | 0 | 0 | 11,225 |
| Vermilion Energy Trust | COM | 923725956 | 825 | 56,427 | SH | | SOLE | | 51,995 | 0 | 4,432 |
| Viatris Inc. | COM | 92556V106 | 168 | 17,075 | SH | | SOLE | | 0 | 0 | 17,075 |
| W.W. Grainger, Inc. | COM | 384802104 | 2,693 | 3,892 | SH | | SOLE | | 2,827 | 0 | 1,065 |
| Warner Brothers Discovery | COM | 934423104 | 153 | 14,085 | SH | | SOLE | | 0 | 0 | 14,085 |
| XP Power Ltd. | COM | B1RMWL909 | 639 | 22,199 | SH | | SOLE | | 15,500 | 0 | 6,699 |
