Shares | Market Value ($000) | |||||
Common Stocks (99.8%) | ||||||
Communication Services (1.5%) | ||||||
Cogent Communications Holdings Inc. | 28,531 | 1,755 | ||||
* | Yelp Inc. Class A | 45,748 | 1,533 | |||
* | Cars.com Inc. | 70,112 | 1,237 | |||
* | TechTarget Inc. | 30,220 | 1,050 | |||
* | Gogo Inc. | 47,507 | 715 | |||
Shutterstock Inc. | 13,052 | 650 | ||||
ATN International Inc. | 12,075 | 453 | ||||
* | QuinStreet Inc. | 29,629 | 273 | |||
7,666 | ||||||
Consumer Discretionary (8.6%) | ||||||
* | Dorman Products Inc. | 31,936 | 2,620 | |||
* | Asbury Automotive Group Inc. | 11,268 | 2,356 | |||
* | Cavco Industries Inc. | 9,133 | 2,274 | |||
* | Adtalem Global Education Inc. | 51,432 | 2,134 | |||
Academy Sports & Outdoors Inc. | 41,477 | 2,031 | ||||
Jack in the Box Inc. | 23,306 | 2,017 | ||||
* | Stride Inc. | 46,342 | 1,873 | |||
Installed Building Products Inc. | 17,515 | 1,831 | ||||
LCI Industries | 14,384 | 1,554 | ||||
* | XPEL Inc. | 22,188 | 1,528 | |||
* | Shake Shack Inc. Class A | 22,380 | 1,481 | |||
* | Frontdoor Inc. | 47,947 | 1,478 | |||
* | Green Brick Partners Inc. | 30,757 | 1,472 | |||
* | Boot Barn Holdings Inc. | 20,580 | 1,392 | |||
Bloomin' Brands Inc. | 57,609 | 1,376 | ||||
* | National Vision Holdings Inc. | 51,847 | 1,309 | |||
* | Gentherm Inc. | 22,913 | 1,259 | |||
Oxford Industries Inc. | 11,737 | 1,173 | ||||
Strategic Education Inc. | 14,351 | 1,133 | ||||
* | Leslie's Inc. | 109,410 | 1,037 | |||
Monarch Casino & Resort Inc. | 15,022 | 975 | ||||
* | Six Flags Entertainment Corp. | 36,054 | 921 | |||
Winnebago Industries Inc. | 15,915 | 886 | ||||
* | Dave & Buster's Entertainment Inc. | 26,645 | 857 | |||
* | Vista Outdoor Inc. | 28,875 | 769 | |||
Buckle Inc. | 22,970 | 705 | ||||
Ethan Allen Interiors Inc. | 25,696 | 643 | ||||
* | Golden Entertainment Inc. | 15,079 | 635 | |||
Dine Brands Global Inc. | 10,593 | 634 | ||||
Sturm Ruger & Co. Inc. | 12,140 | 626 | ||||
* | Perdoceo Education Corp. | 47,660 | 562 |
Shares | Market Value ($000) | |||||
* | Sabre Corp. | 140,571 | 436 | |||
* | Chuy's Holdings Inc. | 10,947 | 403 | |||
Ruth's Hospitality Group Inc. | 17,756 | 381 | ||||
* | Mister Car Wash Inc. | 45,562 | 376 | |||
Hibbett Inc. | 7,601 | 274 | ||||
Haverty Furniture Cos. Inc. | 7,602 | 201 | ||||
43,612 | ||||||
Consumer Staples (6.5%) | ||||||
* | elf Beauty Inc. | 57,210 | 5,951 | |||
* | Hostess Brands Inc. Class A | 151,281 | 3,764 | |||
* | Simply Good Foods Co. | 95,560 | 3,458 | |||
J & J Snack Foods Corp. | 16,935 | 2,607 | ||||
Inter Parfums Inc. | 20,164 | 2,532 | ||||
Cal-Maine Foods Inc. | 42,854 | 2,038 | ||||
WD-40 Co. | 9,991 | 1,895 | ||||
MGP Ingredients Inc. | 17,418 | 1,656 | ||||
* | TreeHouse Foods Inc. | 26,839 | 1,271 | |||
Edgewell Personal Care Co. | 27,924 | 1,088 | ||||
Medifast Inc. | 12,361 | 973 | ||||
* | National Beverage Corp. | 17,880 | 883 | |||
Tootsie Roll Industries Inc. | 20,684 | 808 | ||||
Vector Group Ltd. | 65,640 | 769 | ||||
* | Central Garden & Pet Co. Class A | 22,394 | 769 | |||
* | Chefs' Warehouse Inc. | 23,790 | 740 | |||
John B Sanfilippo & Son Inc. | 6,154 | 715 | ||||
Andersons Inc. | 15,433 | 602 | ||||
* | Central Garden & Pet Co. | 5,226 | 190 | |||
32,709 | ||||||
Energy (5.2%) | ||||||
Civitas Resources Inc. | 58,631 | 3,917 | ||||
SM Energy Co. | 138,670 | 3,646 | ||||
Northern Oil & Gas Inc. | 91,394 | 2,734 | ||||
Helmerich & Payne Inc. | 68,407 | 2,112 | ||||
CONSOL Energy Inc. | 36,958 | 1,994 | ||||
Patterson-UTI Energy Inc. | 166,875 | 1,625 | ||||
* | Oceaneering International Inc. | 81,715 | 1,251 | |||
Comstock Resources Inc. | 103,651 | 966 | ||||
* | Callon Petroleum Co. | 28,971 | 887 | |||
Dorian LPG Ltd. | 36,156 | 834 | ||||
Ranger Oil Corp. Class A | 21,676 | 797 | ||||
* | Vital Energy Inc. | 19,062 | 791 | |||
RPC Inc. | 94,373 | 628 | ||||
* | NexTier Oilfield Solutions Inc. | 80,936 | 610 | |||
* | Nabors Industries Ltd. | 6,924 | 580 | |||
* | REX American Resources Corp. | 17,239 | 568 | |||
* | US Silica Holdings Inc. | 49,470 | 560 | |||
Core Laboratories Inc. | 25,103 | 549 | ||||
* | Talos Energy Inc. | 39,683 | 488 | |||
* | Dril-Quip Inc. | 20,251 | 453 | |||
CVR Energy Inc. | 18,058 | 423 | ||||
26,413 | ||||||
Financials (13.8%) | ||||||
* | Mr Cooper Group Inc. | 78,275 | 3,621 | |||
First Bancorp | 206,263 | 2,302 | ||||
ServisFirst Bancshares Inc. | 55,235 | 2,226 | ||||
Piper Sandler Cos. | 15,502 | 1,974 | ||||
* | Bancorp Inc. | 63,023 | 1,945 |
Shares | Market Value ($000) | |||||
United Community Banks Inc. | 84,524 | 1,911 | ||||
Assured Guaranty Ltd. | 34,575 | 1,789 | ||||
CVB Financial Corp. | 148,376 | 1,782 | ||||
Community Bank System Inc. | 34,654 | 1,713 | ||||
Banner Corp. | 38,682 | 1,674 | ||||
BancFirst Corp. | 19,718 | 1,668 | ||||
EVERTEC Inc. | 47,934 | 1,653 | ||||
NBT Bancorp Inc. | 48,469 | 1,626 | ||||
Park National Corp. | 16,334 | 1,613 | ||||
American Equity Investment Life Holding Co. | 40,825 | 1,610 | ||||
* | StoneX Group Inc. | 19,859 | 1,594 | |||
* | Palomar Holdings Inc. | 28,552 | 1,561 | |||
City Holding Co. | 16,752 | 1,444 | ||||
Lakeland Financial Corp. | 28,600 | 1,437 | ||||
Ameris Bancorp | 44,982 | 1,420 | ||||
OFG Bancorp | 53,819 | 1,306 | ||||
First Hawaiian Inc. | 74,919 | 1,235 | ||||
* | Axos Financial Inc. | 32,631 | 1,234 | |||
* | NMI Holdings Inc. Class A | 48,255 | 1,214 | |||
Independent Bank Corp. | 26,843 | 1,185 | ||||
Stellar Bancorp Inc. | 50,939 | 1,185 | ||||
Westamerica Bancorp | 30,441 | 1,152 | ||||
First Financial Bancorp | 59,003 | 1,119 | ||||
Seacoast Banking Corp. of Florida | 51,099 | 1,057 | ||||
Washington Federal Inc. | 39,188 | 1,019 | ||||
Trustmark Corp. | 47,597 | 994 | ||||
Pathward Financial Inc. | 22,463 | 987 | ||||
* | Avantax Inc. | 45,058 | 953 | |||
ARMOUR Residential REIT Inc. | 183,852 | 923 | ||||
* | Trupanion Inc. | 39,789 | 894 | |||
Atlantic Union Bankshares Corp. | 32,945 | 842 | ||||
National Bank Holdings Corp. Class A | 28,110 | 841 | ||||
First Bancorp (XNGS) | 27,551 | 829 | ||||
S&T Bancorp Inc. | 30,307 | 813 | ||||
* | Triumph Financial Inc. | 15,627 | 811 | |||
First Commonwealth Financial Corp. | 63,782 | 807 | ||||
Northwest Bancshares Inc. | 74,812 | 786 | ||||
Virtus Investment Partners Inc. | 3,936 | 751 | ||||
Preferred Bank | 14,966 | 690 | ||||
Safety Insurance Group Inc. | 9,462 | 689 | ||||
Heritage Financial Corp. | 39,775 | 650 | ||||
* | Donnelley Financial Solutions Inc. | 14,098 | 625 | |||
AMERISAFE Inc. | 11,864 | 606 | ||||
Dime Community Bancshares Inc. | 36,715 | 595 | ||||
Berkshire Hills Bancorp Inc. | 28,984 | 593 | ||||
Employers Holdings Inc. | 15,622 | 565 | ||||
FB Financial Corp. | 19,743 | 526 | ||||
Southside Bancshares Inc. | 19,571 | 519 | ||||
Veritex Holdings Inc. | 29,825 | 515 | ||||
Hanmi Financial Corp. | 34,327 | 494 | ||||
WisdomTree Inc. | 70,251 | 478 | ||||
Tompkins Financial Corp. | 9,048 | 473 | ||||
Brightsphere Investment Group Inc. | 18,931 | 407 | ||||
* | Payoneer Global Inc. | 96,704 | 401 | |||
* | Customers Bancorp Inc. | 17,139 | 394 | |||
TrustCo Bank Corp. | 14,147 | 391 | ||||
1 | B. Riley Financial Inc. | 8,834 | 320 | |||
Northfield Bancorp Inc. | 25,397 | 260 |
Shares | Market Value ($000) | |||||
Invesco Mortgage Capital Inc. | 17,997 | 191 | ||||
69,882 | ||||||
Health Care (13.6%) | ||||||
Ensign Group Inc. | 62,982 | 5,581 | ||||
* | Merit Medical Systems Inc. | 64,306 | 5,299 | |||
* | AMN Healthcare Services Inc. | 48,972 | 4,650 | |||
* | Cytokinetics Inc. | 106,934 | 4,030 | |||
* | Corcept Therapeutics Inc. | 101,648 | 2,388 | |||
* | Vir Biotechnology Inc. | 85,644 | 2,284 | |||
* | Prestige Consumer Healthcare Inc. | 39,270 | 2,247 | |||
* | Glaukos Corp. | 36,166 | 2,062 | |||
CONMED Corp. | 16,900 | 2,050 | ||||
* | Supernus Pharmaceuticals Inc. | 61,170 | 2,027 | |||
* | Pacira BioSciences Inc. | 51,918 | 1,974 | |||
* | Amphastar Pharmaceuticals Inc. | 42,658 | 1,893 | |||
* | Xencor Inc. | 67,637 | 1,833 | |||
* | Addus HomeCare Corp. | 18,230 | 1,643 | |||
* | Dynavax Technologies Corp. | 134,270 | 1,535 | |||
* | Veradigm Inc. | 123,665 | 1,457 | |||
* | Certara Inc. | 68,965 | 1,433 | |||
* | CorVel Corp. | 6,687 | 1,307 | |||
* | Catalyst Pharmaceuticals Inc. | 108,354 | 1,251 | |||
* | Arcus Biosciences Inc. | 59,035 | 1,213 | |||
* | Harmony Biosciences Holdings Inc. | 33,561 | 1,161 | |||
* | Tandem Diabetes Care Inc. | 43,587 | 1,133 | |||
* | Ironwood Pharmaceuticals Inc. Class A | 95,196 | 1,036 | |||
US Physical Therapy Inc. | 10,113 | 1,033 | ||||
* | Cross Country Healthcare Inc. | 40,135 | 1,023 | |||
* | Vericel Corp. | 30,490 | 979 | |||
* | Innoviva Inc. | 71,201 | 960 | |||
LeMaitre Vascular Inc. | 15,148 | 952 | ||||
* | NextGen Healthcare Inc. | 60,534 | 942 | |||
* | AdaptHealth Corp. Class A | 86,906 | 911 | |||
* | BioLife Solutions Inc. | 38,785 | 906 | |||
* | uniQure NV | 46,671 | 900 | |||
Embecta Corp. | 30,456 | 843 | ||||
* | Collegium Pharmaceutical Inc. | 37,822 | 835 | |||
* | Avid Bioservices Inc. | 48,715 | 753 | |||
* | REGENXBIO Inc. | 42,674 | 735 | |||
* | Ligand Pharmaceuticals Inc. | 9,765 | 684 | |||
Simulations Plus Inc. | 12,121 | 536 | ||||
Mesa Laboratories Inc. | 3,510 | 454 | ||||
* | iTeos Therapeutics Inc. | 27,652 | 450 | |||
HealthStream Inc. | 17,414 | 401 | ||||
* | Fulgent Genetics Inc. | 10,001 | 398 | |||
* | ANI Pharmaceuticals Inc. | 7,159 | 323 | |||
* | Cytek Biosciences Inc. | 39,538 | 309 | |||
* | Agiliti Inc. | 16,899 | 277 | |||
* | Cutera Inc. | 14,277 | 240 | |||
* | Anika Therapeutics Inc. | 8,558 | 232 | |||
*,1 | Zynex Inc. | 24,473 | 230 | |||
* | Computer Programs & Systems Inc. | 8,497 | 203 | |||
* | Enanta Pharmaceuticals Inc. | 8,624 | 202 | |||
* | Eagle Pharmaceuticals Inc. | 7,861 | 163 | |||
* | Cara Therapeutics Inc. | 50,849 | 162 | |||
* | Coherus Biosciences Inc. | 37,087 | 152 |
Shares | Market Value ($000) | |||||
*,2 | OmniAb Inc. 12.5 Earnout | 7,390 | — | |||
*,2 | OmniAb Inc. 15 Earnout | 7,390 | — | |||
68,675 | ||||||
Industrials (18.9%) | ||||||
Comfort Systems USA Inc. | 40,404 | 5,979 | ||||
Applied Industrial Technologies Inc. | 43,619 | 5,363 | ||||
Mueller Industries Inc. | 64,253 | 4,772 | ||||
* | Aerojet Rocketdyne Holdings Inc. | 85,670 | 4,667 | |||
AAON Inc. | 47,491 | 4,113 | ||||
Franklin Electric Co. Inc. | 43,963 | 3,999 | ||||
Hillenbrand Inc. | 78,408 | 3,761 | ||||
Federal Signal Corp. | 68,508 | 3,630 | ||||
Encore Wire Corp. | 20,725 | 3,392 | ||||
Boise Cascade Co. | 44,548 | 3,200 | ||||
Albany International Corp. Class A | 35,132 | 2,983 | ||||
Forward Air Corp. | 30,037 | 2,922 | ||||
Matson Inc. | 42,663 | 2,915 | ||||
* | Verra Mobility Corp. Class A | 157,393 | 2,775 | |||
* | AeroVironment Inc. | 28,412 | 2,654 | |||
* | SPX Technologies Inc. | 31,703 | 2,421 | |||
EnPro Industries Inc. | 23,490 | 2,374 | ||||
Arcosa Inc. | 36,105 | 2,371 | ||||
* | Dycom Industries Inc. | 22,707 | 2,303 | |||
Moog Inc. Class A | 19,816 | 1,926 | ||||
ESCO Technologies Inc. | 19,854 | 1,787 | ||||
UniFirst Corp. | 10,076 | 1,724 | ||||
Griffon Corp. | 53,717 | 1,693 | ||||
* | PGT Innovations Inc. | 67,890 | 1,689 | |||
CSG Systems International Inc. | 34,016 | 1,632 | ||||
Brady Corp. Class A | 33,964 | 1,619 | ||||
Lindsay Corp. | 12,455 | 1,467 | ||||
Alamo Group Inc. | 8,500 | 1,415 | ||||
Marten Transport Ltd. | 65,150 | 1,378 | ||||
Korn Ferry | 28,608 | 1,345 | ||||
* | NV5 Global Inc. | 14,082 | 1,276 | |||
Standex International Corp. | 9,195 | 1,252 | ||||
* | Hub Group Inc. Class A | 16,620 | 1,223 | |||
* | MYR Group Inc. | 9,395 | 1,198 | |||
Trinity Industries Inc. | 54,342 | 1,149 | ||||
Enerpac Tool Group Corp. Class A | 42,546 | 1,082 | ||||
Wabash National Corp. | 31,358 | 735 | ||||
* | Sun Country Airlines Holdings Inc. | 36,717 | 690 | |||
* | Titan International Inc. | 57,344 | 567 | |||
Heartland Express Inc. | 34,118 | 532 | ||||
Apogee Enterprises Inc. | 14,264 | 527 | ||||
Quanex Building Products Corp. | 21,341 | 448 | ||||
TTEC Holdings Inc. | 10,641 | 338 | ||||
Insteel Industries Inc. | 10,079 | 302 | ||||
* | Liquidity Services Inc. | 14,852 | 225 | |||
95,813 | ||||||
Information Technology (19.5%) | ||||||
* | Rambus Inc. | 121,468 | 7,769 | |||
* | SPS Commerce Inc. | 40,727 | 6,345 | |||
* | Onto Innovation Inc. | 55,950 | 6,006 | |||
* | Axcelis Technologies Inc. | 37,030 | 5,834 | |||
* | Fabrinet | 41,368 | 4,684 | |||
* | Diodes Inc. | 51,392 | 4,617 |
Shares | Market Value ($000) | |||||
Badger Meter Inc. | 33,073 | 4,560 | ||||
Advanced Energy Industries Inc. | 42,231 | 4,145 | ||||
* | DoubleVerify Holdings Inc. | 98,820 | 3,446 | |||
Kulicke & Soffa Industries Inc. | 64,050 | 3,387 | ||||
* | Extreme Networks Inc. | 145,919 | 3,006 | |||
Progress Software Corp. | 48,957 | 2,937 | ||||
* | Plexus Corp. | 31,291 | 2,838 | |||
* | Alarm.com Holdings Inc. | 56,381 | 2,831 | |||
InterDigital Inc. | 30,396 | 2,524 | ||||
* | MaxLinear Inc. Class A | 81,839 | 2,391 | |||
* | NetScout Systems Inc. | 76,105 | 2,323 | |||
* | Harmonic Inc. | 123,995 | 2,184 | |||
* | Perficient Inc. | 22,334 | 1,708 | |||
* | Agilysys Inc. | 22,537 | 1,675 | |||
CTS Corp. | 36,073 | 1,647 | ||||
* | Sanmina Corp. | 30,373 | 1,611 | |||
* | Photronics Inc. | 69,859 | 1,483 | |||
* | Digi International Inc. | 40,458 | 1,455 | |||
* | Veeco Instruments Inc. | 58,183 | 1,420 | |||
* | PDF Solutions Inc. | 33,426 | 1,412 | |||
* | Cohu Inc. | 35,579 | 1,364 | |||
* | Viavi Solutions Inc. | 132,256 | 1,301 | |||
A10 Networks Inc. | 72,618 | 1,081 | ||||
* | OSI Systems Inc. | 9,055 | 1,078 | |||
* | LiveRamp Holdings Inc. | 40,319 | 981 | |||
* | Ultra Clean Holdings Inc. | 28,353 | 972 | |||
Methode Electronics Inc. | 21,263 | 915 | ||||
* | N-able Inc. | 51,149 | 726 | |||
* | ePlus Inc. | 14,650 | 724 | |||
* | Alpha & Omega Semiconductor Ltd. | 25,219 | 698 | |||
* | Digital Turbine Inc. | 65,157 | 596 | |||
* | Clearfield Inc. | 14,243 | 557 | |||
* | Avid Technology Inc. | 22,082 | 530 | |||
* | Corsair Gaming Inc. | 25,381 | 501 | |||
* | Consensus Cloud Solutions Inc. | 13,520 | 493 | |||
ADTRAN Holdings Inc. | 55,255 | 492 | ||||
* | Arlo Technologies Inc. | 49,836 | 482 | |||
* | CEVA Inc. | 15,935 | 399 | |||
* | OneSpan Inc. | 19,486 | 295 | |||
* | 8x8 Inc. | 58,591 | 239 | |||
* | LivePerson Inc. | 41,037 | 151 | |||
98,813 | ||||||
Materials (6.1%) | ||||||
* | Livent Corp. | 202,688 | 4,672 | |||
Balchem Corp. | 36,315 | 4,490 | ||||
* | ATI Inc. | 90,638 | 3,134 | |||
Quaker Chemical Corp. | 15,395 | 2,922 | ||||
Innospec Inc. | 27,969 | 2,583 | ||||
HB Fuller Co. | 38,809 | 2,443 | ||||
* | O-I Glass Inc. | 80,331 | 1,664 | |||
Stepan Co. | 15,526 | 1,428 | ||||
Materion Corp. | 13,243 | 1,329 | ||||
Kaiser Aluminum Corp. | 18,045 | 1,090 | ||||
Warrior Met Coal Inc. | 32,738 | 1,073 | ||||
Hawkins Inc. | 21,465 | 1,008 | ||||
Sylvamo Corp. | 20,621 | 813 | ||||
Myers Industries Inc. | 41,365 | 773 | ||||
American Vanguard Corp. | 31,328 | 534 |
Shares | Market Value ($000) | |||||
Haynes International Inc. | 9,524 | 414 | ||||
* | TimkenSteel Corp. | 19,172 | 326 | |||
Mercer International Inc. | 19,552 | 169 | ||||
FutureFuel Corp. | 16,589 | 141 | ||||
31,006 | ||||||
Real Estate (3.3%) | ||||||
Innovative Industrial Properties Inc. | 31,582 | 2,088 | ||||
St. Joe Co. | 38,275 | 1,780 | ||||
Four Corners Property Trust Inc. | 63,591 | 1,634 | ||||
CareTrust REIT Inc. | 69,819 | 1,355 | ||||
Tanger Factory Outlet Centers Inc. | 64,947 | 1,323 | ||||
Getty Realty Corp. | 30,804 | 1,056 | ||||
LTC Properties Inc. | 29,807 | 957 | ||||
Urban Edge Properties | 67,834 | 904 | ||||
Marcus & Millichap Inc. | 28,103 | 825 | ||||
* | Veris Residential Inc. | 49,984 | 808 | |||
Kennedy-Wilson Holdings Inc. | 47,535 | 733 | ||||
NexPoint Residential Trust Inc. | 13,576 | 557 | ||||
Armada Hoffler Properties Inc. | 50,026 | 552 | ||||
Community Healthcare Trust Inc. | 15,904 | 522 | ||||
Uniti Group Inc. | 120,251 | 447 | ||||
Universal Health Realty Income Trust | 9,296 | 406 | ||||
Urstadt Biddle Properties Inc. Class A | 18,597 | 360 | ||||
Saul Centers Inc. | 8,287 | 280 | ||||
16,587 | ||||||
Utilities (2.8%) | ||||||
American States Water Co. | 28,798 | 2,558 | ||||
SJW Group | 30,117 | 2,305 | ||||
California Water Service Group | 38,461 | 2,189 | ||||
Otter Tail Corp. | 28,733 | 2,132 | ||||
Chesapeake Utilities Corp. | 13,448 | 1,717 | ||||
Northwest Natural Holding Co. | 25,413 | 1,085 | ||||
Middlesex Water Co. | 12,783 | 1,040 | ||||
Unitil Corp. | 18,064 | 952 | ||||
13,978 | ||||||
Total Common Stocks (Cost $502,071) | 505,154 | |||||
Coupon | ||||||
Temporary Cash Investments (0.1%) | ||||||
Money Market Fund (0.1%) | ||||||
3,4 | Vanguard Market Liquidity Fund (Cost $537) | 5.125% | 5,370 | 537 | ||
Total Investments (99.9%) (Cost $502,608) | 505,691 | |||||
Other Assets and Liabilities—Net (0.1%) | 482 | |||||
Net Assets (100%) | 506,173 |
Cost is in $000. |
* | Non-income-producing security. |
1 | Includes partial security positions on loan to broker-dealers. The total value of securities on loan is $122,000. |
2 | Security value determined using significant unobservable inputs. |
3 | Affiliated money market fund available only to Vanguard funds and certain trusts and accounts managed by Vanguard. Rate shown is the 7-day yield. |
4 | Collateral of $130,000 was received for securities on loan. |
REIT—Real Estate Investment Trust. |
Futures Contracts | ||||
($000) | ||||
Expiration | Number of Long (Short) Contracts | Notional Amount | Value and Unrealized Appreciation (Depreciation) | |
Long Futures Contracts | ||||
E-mini Russell 2000 Index | June 2023 | 10 | 876 | (11) |
Level 1 ($000) | Level 2 ($000) | Level 3 ($000) | Total ($000) | |
Investments | ||||
Assets | ||||
Common Stocks | 505,154 | — | — | 505,154 |
Temporary Cash Investments | 537 | — | — | 537 |
Total | 505,691 | — | — | 505,691 |
Derivative Financial Instruments | ||||
Liabilities | ||||
Futures Contracts1 | 11 | — | — | 11 |
1 | Includes cumulative appreciation (depreciation) on futures contracts and centrally cleared swaps, if any, as reported in the Schedule of Investments. |