Shares or Principal Amount | | Market Value† |
COMMON STOCKS - 99.6% - (continued) |
| Consumer Durables & Apparel - 6.8% - (continued) |
1,227 | Oxford Industries, Inc. | $ 122,884 |
10,148 | Smith & Wesson Brands, Inc. | 145,522 |
486 | Steven Madden Ltd. | 20,558 |
3,343 | Sturm Ruger & Co., Inc. | 139,236 |
1,780 | Tri Pointe Homes, Inc.* | 66,305 |
1,439 | Worthington Enterprises, Inc. | 68,108 |
| | | 1,971,963 |
| Consumer Services - 1.6% |
36 | Graham Holdings Co. Class B | 25,184 |
13,638 | Perdoceo Education Corp. | 292,126 |
2,120 | Stride, Inc.* | 149,460 |
| | | 466,770 |
| Consumer Staples Distribution & Retail - 2.1% |
983 | Andersons, Inc. | 48,757 |
3,259 | Ingles Markets, Inc. Class A | 223,600 |
258 | PriceSmart, Inc. | 20,949 |
5,734 | SpartanNash Co. | 107,570 |
3,095 | Weis Markets, Inc. | 194,273 |
| | | 595,149 |
| Energy - 3.0% |
889 | California Resources Corp. | 47,313 |
1,946 | CNX Resources Corp.* | 47,288 |
1,445 | CONSOL Energy, Inc.* | 147,433 |
5,323 | CVR Energy, Inc. | 142,497 |
447 | Dorian LPG Ltd. | 18,756 |
15,202 | Evolution Petroleum Corp. | 80,115 |
3,221 | FutureFuel Corp. | 16,524 |
9,252 | Granite Ridge Resources, Inc. | 58,565 |
726 | Gulfport Energy Corp.* | 109,626 |
625 | International Seaways, Inc. | 36,956 |
5,417 | Liberty Energy, Inc. | 113,161 |
929 | Overseas Shipholding Group, Inc. Class A | 7,878 |
258 | Par Pacific Holdings, Inc.* | 6,514 |
1,992 | Peabody Energy Corp. | 44,063 |
155 | Vitesse Energy, Inc. | 3,673 |
| | | 880,362 |
| Equity Real Estate Investment Trusts (REITs) - 4.4% |
721 | Acadia Realty Trust REIT | 12,920 |
356 | Alexander's, Inc. REIT | 80,050 |
4,300 | Apple Hospitality, Inc. REIT | 62,522 |
4,464 | Armada Hoffler Properties, Inc. REIT | 49,506 |
1,370 | Brandywine Realty Trust REIT | 6,138 |
5,514 | Broadstone Net Lease, Inc. REIT | 87,507 |
345 | Centerspace REIT | 23,332 |
692 | COPT Defense Properties REIT | 17,321 |
4,668 | CTO Realty Growth, Inc. REIT | 81,503 |
742 | Easterly Government Properties, Inc. REIT | 9,178 |
423 | Empire State Realty Trust, Inc. Class A, REIT | 3,968 |
1,228 | EPR Properties REIT | 51,551 |
5,858 | Equity Commonwealth REIT* | 113,645 |
2,942 | Getty Realty Corp. REIT | 78,434 |
1,400 | Global Medical, Inc. REIT | 12,712 |
1,080 | Innovative Industrial Properties, Inc. REIT | 117,958 |
1,368 | LTC Properties, Inc. REIT | 47,196 |
8,090 | LXP Industrial Trust REIT | 73,781 |
390 | National Health Investors, Inc. REIT | 26,415 |
285 | One Liberty Properties, Inc. REIT | 6,692 |
1,953 | Park Hotels & Resorts, Inc. REIT | 29,256 |
3,338 | Piedmont Office Realty Trust, Inc. Class A, REIT | 24,200 |
5,551 | RLJ Lodging Trust REIT | 53,456 |
4,070 | Sunstone Hotel Investors, Inc. REIT | 42,572 |
504 | UMH Properties, Inc. REIT | 8,059 |
11,086 | Whitestone REIT | 147,555 |
| | | 1,267,427 |