NPORT-P false 0001420040 XXXXXXXX S000020974 C000059517 C000059518 C000059519 Dunham Funds 811-22153 0001420040 549300FI2C3SP4YCHL80 6256 Greenwich Dr SUITE 550 SAN DIEGO 92122 858-964-0500 Dunham Small Cap Value Fund S000020974 549300FUKK5THH5JHD83 2026-10-31 2026-01-31 N 93612656.44 379800.46 93232855.98 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 69705.78999999 N ADT Inc N/A 00090Q103 62890.00000000 NS USD 503120.00000000 0.539638086500 Long EC CORP US N 1 N N N ABM Industries Inc. QF02R89VEIOROM77J447 000957100 13426.00000000 NS USD 618133.04000000 0.662999147138 Long EC CORP US N 1 N N N AMN Healthcare Services Inc 529900W3ARRTCNFH2I39 001744101 27609.00000000 NS USD 588071.70000000 0.630755857276 Long EC CORP US N 1 N N N Asgn Incorporated LZBNYYCBUKY537072438 00191U102 8822.00000000 NS USD 459537.98000000 0.492892741694 Long EC CORP US N 1 N N N Academy Sports and Outdoors Inc 529900HST589BD301M91 00402L107 7271.00000000 NS USD 399977.71000000 0.429009393518 Long EC CORP US N 1 N N Acadia Healthcare Company, Inc. 5493005CW985Y9D0NC11 00404A109 8211.00000000 NS USD 110355.84000000 0.118365825909 Long EC CORP US N 1 N N N Advance Auto Parts Inc. 529900UCNQ5H9FSL0Y70 00751Y106 5276.00000000 NS USD 253300.76000000 0.271686153274 Long EC CORP US N 1 N N AerSale Corporation N/A 00810F106 23236.00000000 NS USD 174037.64000000 0.186669858142 Long EC CORP US N 1 N N N Alcoa Corporation 549300T12EZ1F6PWWU29 013872106 3237.00000000 NS USD 183893.97000000 0.197241592641 Long EC CORP US N 1 N N N Algoma Steel Group Inc 549300Q5EU337A1XCX27 015658107 85955.00000000 NS USD 359291.90000000 0.385370475057 Long EC CORP CA N 1 N N N Allegiant Travel Company 549300JM9OZXOHWL2K18 01748X102 1246.00000000 NS USD 110432.98000000 0.118448564981 Long EC CORP US N 1 N N Allient Inc 549300I2LHAWYGNBPM97 019330109 4913.00000000 NS USD 299742.13000000 0.321498389006 Long EC CORP US N 1 N N N American Integrity Insurance Group Inc. 529900Y2VOV2LYV4OK68 026948109 32778.00000000 NS USD 612620.82000000 0.657086832276 Long EC CORP US N 1 N N N Antero Resources Corporation APVBKPOULHUX7YZLKU17 03674X106 5630.00000000 NS USD 204763.10000000 0.219625471994 Long EC CORP US N 1 N N N Arcosa Inc 549300WFHLTCZV7D6V29 039653100 4254.00000000 NS USD 486955.38000000 0.522300185789 Long EC CORP US N 1 N N N Ashland Inc. 529900E4L9R04SB8HB11 044186104 9574.00000000 NS USD 585545.84000000 0.628046662139 Long EC CORP US N 1 N N N Aveanna Healthcare Holdings Inc N/A 05356F105 58178.00000000 NS USD 488695.20000000 0.524166287585 Long EC CORP US N 1 N N N BKV Corporation 549300S3T4Z01TRFU656 05603J108 32509.00000000 NS USD 967142.75000000 1.037341117392 Long EC CORP US N 1 N N N BGC Group Inc 2549001IGRCG4F0RLD36 088929104 92093.00000000 NS USD 838967.23000000 0.899862201132 Long EC CORP US N 1 N N N Black Hills Corporation 3MGELCRSTNSAMJ962671 092113109 8145.00000000 NS USD 594422.10000000 0.637567189969 Long EC CORP US N 1 N N N Strata Critical Medical Inc. N/A 092667104 32922.00000000 NS USD 160659.36000000 0.172320539053 Long EC CORP US N 1 N N Bowhead Specialty Holdings Inc N/A 10240L102 25560.00000000 NS USD 627753.60000000 0.673317998683 Long EC CORP US N 1 N N N Bowman Consulting Group Ltd N/A 103002101 17989.00000000 NS USD 626556.87000000 0.672034406126 Long EC CORP US N 1 N N N BrightView Holdings Inc. 549300F8QN8YHVI7L866 10948C107 51734.00000000 NS USD 691166.24000000 0.741333334407 Long EC CORP US N 1 N N N Brilliant Earth Group Inc N/A 109504100 71786.00000000 NS USD 111986.16000000 0.120114479839 Long EC CORP US N 1 N N N Brixmor Property Group Inc 5299007UXW6Y0W2EGZ95 11120U105 30732.00000000 NS USD 823310.28000000 0.883068818761 Long EC CORP US N 1 N N N Broadstone Net Lease Inc 549300U8D7PT70B49V21 11135E203 30491.00000000 NS USD 564388.41000000 0.605353557034 Long EC CORP US N 1 N N N CECO Environmental Corp. 5493002CZCTL4HGLIY91 125141101 5204.00000000 NS USD 350905.72000000 0.376375598828 Long EC CORP US N 1 N N N CNO Financial Group, Inc. 11XPYHB76MPM4Y4P2897 12621E103 15813.00000000 NS USD 664936.65000000 0.713199915427 Long EC CORP US N 1 N N N Capital City Bank Group Inc. 254900NVLVUJQZKTQE82 139674105 12764.00000000 NS USD 533024.64000000 0.571713302566 Long EC CORP US N 1 N N N Capital Bancorp Inc. 549300LQKYGWQ7VP0C75 139737100 23348.00000000 NS USD 717250.56000000 0.769310939218 Long EC CORP US N 1 N N N Cardinal Infrastructure Group Inc. N/A 14154A102 7636.00000000 NS USD 192350.84000000 0.206312289780 Long EC CORP US N 1 N N N Caredx Inc 549300NQOFKL9NON0U06 14167L103 41235.00000000 NS USD 847379.25000000 0.908884792912 Long EC CORP US N 1 N N N Cargurus Inc 54930027BKQN6B7X7G78 141788109 5467.00000000 NS USD 177130.80000000 0.189987529758 Long EC CORP US N 1 N N N Carlsmed Inc. N/A 14280C105 26354.00000000 NS USD 327316.68000000 0.351074389558 Long EC CORP US N 1 N N Cars.com Inc 5493002G6J07LNGX4M98 14575E105 18430.00000000 NS USD 209364.80000000 0.224561178352 Long EC CORP US N 1 N N N Centerspace 5493002LG2SH9EEHT720 15202L107 7652.00000000 NS USD 491794.04000000 0.527490051474 Long EC CORP US N 1 N N N Central Pacific Financial Corp. 549300W3YEAOZ4KGG849 154760409 15494.00000000 NS USD 504639.58000000 0.541267962560 Long EC CORP US N 1 N N N Century Aluminum Company 549300U5ODNGEYWKSW73 156431108 5224.00000000 NS USD 236803.92000000 0.253991918954 Long EC CORP US N 1 N N N Century Communities Inc 5299002QMB2O7ZL1CA26 156504300 4015.00000000 NS USD 252864.70000000 0.271218442620 Long EC CORP US N 1 N N N Clarus Corp. 549300PKSLI6PT0ULL72 18270P109 108129.00000000 NS USD 414134.07000000 0.444193268185 Long EC CORP US N 1 N N N Commercial Metals Company 549300OQS2LO07ZJ7N73 201723103 7093.00000000 NS USD 545238.91000000 0.584814124021 Long EC CORP US N 1 N N N Compass Diversified 5299001SM1LBYANJRR58 20451Q104 19050.00000000 NS USD 125158.50000000 0.134242911133 Long EC CORP US N 1 N N N Consensus Cloud Solutions Inc N/A 20848V105 27924.00000000 NS USD 596456.64000000 0.639749403502 Long EC CORP US N 1 N N N Covenant Logistics Group Inc. N/A 22284P105 32785.00000000 NS USD 806511.00000000 0.865050192362 Long EC CORP US N 1 N N N Crane NXT Co 549300EXNPSXEWUD3N21 224441105 13276.00000000 NS USD 670703.52000000 0.719385363614 Long EC CORP US N 1 N N Cross Country Healthcare Inc. 54930037L0NBIPZ5S663 227483104 50663.00000000 NS USD 472179.16000000 0.506451459667 Long EC CORP US N 1 N N N CTO Realty Growth Inc New 254900ZQ99OFO1WXS678 22948Q101 25374.00000000 NS USD 450895.98000000 0.483623477217 Long EC CORP US N 1 N N N Custom Truck One Source Inc 2549008QOVAS9KBZ4E50 23204X103 73735.00000000 NS USD 466005.20000000 0.499829373563 Long EC CORP US N 1 N N N Cytek Biosciences Inc 549300K2J28BOC6FBO89 23285D109 94270.00000000 NS USD 471350.00000000 0.505562116536 Long EC CORP US N 1 N N N Dave & Buster's Entertainment Inc 529900WTVU85QZLYHR86 238337109 5359.00000000 NS USD 100588.43000000 0.107889465513 Long EC CORP US N 1 N N Dime Community Bancshares Inc. N/A 25432X102 16733.00000000 NS USD 569256.66000000 0.610575160458 Long EC CORP US N 1 N N N Diodes Incorporated 549300XP2X1ARVH3BX23 254543101 5781.00000000 NS USD 342177.39000000 0.367013738239 Long EC CORP US N 1 N N N Driven Brands Holdings Inc N/A 26210V102 55299.00000000 NS USD 859899.45000000 0.922313749762 Long EC CORP US N 1 N N 8X8 Inc. 254900XWSOC5U1BRW939 282914100 149627.00000000 NS USD 248380.82000000 0.266409108022 Long EC CORP US N 1 N N N Enterprise Financial Services Corp. 5493001XTU5DLD632129 293712105 15836.00000000 NS USD 908194.60000000 0.974114318877 Long EC CORP US N 1 N N N Esquire Financial Holdings Inc N/A 29667J101 3255.00000000 NS USD 347080.65000000 0.372272892803 Long EC CORP US N 1 N N N EZCORP Inc. 5493003K6PG3ZQ7TUQ63 302301106 11848.00000000 NS USD 254139.60000000 0.272585879010 Long EC CORP US N 1 N N N Federal Agricultural Mortgage Corporation 549300MS654K78GYF580 313148306 2739.00000000 NS USD 463712.70000000 0.497370476454 Long EC USGSE US N 1 N N N Fidelity Colchester Street Trust 549300SHPEJB1OPRCV46 316175108 3843831.55000000 PA USD 3843831.55000000 4.122829349799 Long STIV RF US N 1 N N N First Bancorp Puerto Rico N/A 318672706 25028.00000000 NS USD 553619.36000000 0.593802854348 Long EC CORP PR N 1 N N N First Watch Restaurant Group Inc N/A 33748L101 13271.00000000 NS USD 212203.29000000 0.227605695191 Long EC CORP US N 1 N N Firstcash Holdings Inc N/A 33768G107 771.00000000 NS USD 131455.50000000 0.140996967880 Long EC CORP US N 1 N N N Fox Factory Holding Corporation 529900GE1HSV0617R721 35138V102 9084.00000000 NS USD 167145.60000000 0.179277571455 Long EC CORP US N 1 N N N Frontier Group Holdings Inc 549300DT3Y2BHO6G7T02 35909R108 34730.00000000 NS USD 161147.20000000 0.172843788068 Long EC CORP US N 1 N N GXO Logistics Inc. 5493007CNWMXN78JRN66 36262G101 10977.00000000 NS USD 621188.43000000 0.666276307285 Long EC CORP US N 1 N N N Generac Holdings Inc. 529900S2H2AHJHSFFI84 368736104 1121.00000000 NS USD 188372.84000000 0.202045553597 Long EC CORP US N 1 N N N Getty Realty Corp 2549000P1W5SFJWCNP90 374297109 24828.00000000 NS USD 741364.08000000 0.795174696953 Long EC CORP US N 1 N N N Gibraltar Industries, Inc. 549300AE5O3GN0YBLM57 374689107 2205.00000000 NS USD 113028.30000000 0.121232261751 Long EC CORP US N 1 N N N Haemonetics Corp 549300ZEL6TXZS6F5F95 405024100 3803.00000000 NS USD 253507.98000000 0.271908413976 Long EC CORP US N 1 N N N Hallador Energy Co 254900GKEQRHOI2SSC19 40609P105 8615.00000000 NS USD 159291.35000000 0.170853234437 Long EC CORP US N 1 N N N Halozyme Therapeutics Inc 529900242I3SV9AGM753 40637H109 4636.00000000 NS USD 332447.56000000 0.356577685522 Long EC CORP US N 1 N N N The Hanover Insurance Group, Inc. JJYR6MFKFF6CF8DBZ078 410867105 2110.00000000 NS USD 367435.40000000 0.394105056782 Long EC CORP US N 1 N N N Helios Technologies Inc 5493000BCJSMIDRNTI78 42328H109 6732.00000000 NS USD 436098.96000000 0.467752441364 Long EC CORP US N 1 N N N Hillman Solutions Corp N/A 431636109 50096.00000000 NS USD 469399.52000000 0.503470064352 Long EC CORP US N 1 N N N Holley Inc 254900EEM9JI9G1A4D88 43538H103 177844.00000000 NS USD 684699.40000000 0.734397110120 Long EC CORP US N 1 N N N Hometrust Bancshares Inc. N/A 437872104 5698.00000000 NS USD 245697.76000000 0.263531302798 Long EC CORP US N 1 N N N Horizon Bancorp Inc. 549300U2OQ2EIT5MXG39 440407104 28813.00000000 NS USD 507685.06000000 0.544534493407 Long EC CORP US N 1 N N N HUB Group Inc N/A 443320106 9564.00000000 NS USD 455055.12000000 0.488084501130 Long EC CORP US N 1 N N N Hudson Technologes Inc N/A 444144109 21463.00000000 NS USD 153889.71000000 0.165059525831 Long EC CORP US N 1 N N N Huntsman Corporation 5299000V56320A7RIQ67 447011107 26972.00000000 NS USD 291837.04000000 0.313019521854 Long EC CORP US N 1 N N IAC Inc 549300TO56L57RP6P031 44891N208 12612.00000000 NS USD 466013.40000000 0.499838168745 Long EC CORP US N 1 N N N Idacorp Inc N134NUJDWN8UEFA8B673 451107106 3150.00000000 NS USD 418288.50000000 0.448649240231 Long EC CORP US N 1 N N Independent Bank Corp Michigan N/A 453838609 11929.00000000 NS USD 419304.35000000 0.449738823929 Long EC CORP US N 1 N N N Ingevity Corporation 5493009UTFC4B5IMGF87 45688C107 6348.00000000 NS USD 417634.92000000 0.447948221268 Long EC CORP US N 1 N N N Infinity Natural Resources Inc. N/A 456941103 39226.00000000 NS USD 622908.88000000 0.668121633143 Long EC CORP US N 1 N N N Innoviva Inc 549300ACOX4QTBES6535 45781M101 36073.00000000 NS USD 721460.00000000 0.773825914069 Long EC CORP US N 1 N N N Joint Corp. (The) N/A 47973J102 44137.00000000 NS USD 431659.86000000 0.462991137043 Long EC CORP US N 1 N N N Kaltura Inc 254900WYME0NSA8DVA41 483467106 242324.00000000 NS USD 394988.12000000 0.423657642842 Long EC CORP US N 1 N N N Knight-Swift Transportation Holdings Inc. N/A 499049104 12437.00000000 NS USD 685278.70000000 0.735018457599 Long EC CORP US N 1 N N N Kodiak Gas Services Inc. N/A 50012A108 7001.00000000 NS USD 294112.01000000 0.315459616578 Long EC CORP US N 1 N N N Koppers Holdings Inc N/A 50060P106 23165.00000000 NS USD 682440.90000000 0.731974680842 Long EC CORP US N 1 N N N KRONOS Worldwide Inc. 549300OBZ34C65APL277 50105F105 55149.00000000 NS USD 289532.25000000 0.310547442697 Long EC CORP US N 1 N N N Legacy Housing Corp. V6WE5M18QYITU8L1QF76 52472M101 22404.00000000 NS USD 464883.00000000 0.498625720636 Long EC CORP US N 1 N N N Legacy Education Inc N/A 52474R207 29376.00000000 NS USD 296110.08000000 0.317602713000 Long EC CORP US N 1 N N N Liberty Energy Inc N/A 53115L104 17867.00000000 NS USD 440421.55000000 0.472388779009 Long EC CORP US N 1 N N N Littelfuse Inc. 549300MY7HLQFYTPCX75 537008104 1855.00000000 NS USD 600574.80000000 0.644166472953 Long EC CORP US N 1 N N Louisiana Pacific Corporation 549300C7E2UAO5BVRR75 546347105 2813.00000000 NS USD 235560.62000000 0.252658376195 Long EC CORP US N 1 N N N MYR Grp Inc 529900G1IMMZHOQ17I54 55405W104 2514.00000000 NS USD 628600.56000000 0.674226433795 Long EC CORP US N 1 N N N The Manitowoc Company, Inc. 2RTSLGQ89VMY18RHX631 563571405 22582.00000000 NS USD 291759.44000000 0.312936289394 Long EC CORP US N 1 N N N Thyssenkrupp AG 549300UDG16DOYUPR330 D8398Q119 47962.00000000 NS 642185.70000000 0.688797627456 Long EC CORP DE N 1 N N N Marten Transport Ltd. N/A 573075108 48413.00000000 NS USD 595479.90000000 0.638701768535 Long EC CORP US N 1 N N N Matrix Service Co. 529900VYBKSX6HD2YW58 576853105 40810.00000000 NS USD 584399.20000000 0.626816795278 Long EC CORP US N 1 N N N Matthews International Corp 549300ZVC5O0ATML6U61 577128101 15154.00000000 NS USD 398398.66000000 0.427315730932 Long EC CORP US N 1 N N N Maximus Inc 549300DQCDS8HJ7QF202 577933104 6533.00000000 NS USD 616976.52000000 0.661758683153 Long EC CORP US N 1 N N N Mesa Laboratories Inc. 549300ZCG738WLX8ZW79 59064R109 5596.00000000 NS USD 440740.96000000 0.472731372826 Long EC CORP US N 1 N N N Motorcar Parts of America Inc. 549300AG4610OSV3H429 620071100 18854.00000000 NS USD 234355.22000000 0.251365484341 Long EC CORP US N 1 N N N NCR Voyix Corporation 549300YKTY8JX1DV2R67 62886E108 60450.00000000 NS USD 599664.00000000 0.643189564126 Long EC CORP US N 1 N N N National Bank Holdings Corp N/A 633707104 15589.00000000 NS USD 626366.02000000 0.671829703612 Long EC CORP US N 1 N N N National Storage Affiliates Trust 529900FS06O8GOYNR108 637870106 6979.00000000 NS USD 222001.99000000 0.238115616717 Long EC CORP US N 1 N N N National Vision Holdings Inc 549300JHURCBLI5ROA42 63845R107 27941.00000000 NS USD 736245.35000000 0.789684432876 Long EC CORP US N 1 N N Natural Gas Services Group Inc. N/A 63886Q109 12114.00000000 NS USD 419628.96000000 0.450086995179 Long EC CORP US N 1 N N N NETSTREIT Corp. 254900CJL0EDMEQ25Q84 64119V303 31038.00000000 NS USD 584755.92000000 0.627199407176 Long EC CORP US N 1 N N Atlas Energy Solutions Inc. N/A 642045108 25299.00000000 NS USD 295239.33000000 0.316668761132 Long EC CORP US N 1 N N Viper Energy Inc. N/A 64361Q101 2982.00000000 NS USD 126257.88000000 0.135422087710 Long EC CORP US N 1 N N N Newmark Group Inc N/A 65158N102 19970.00000000 NS USD 356065.10000000 0.381909463415 Long EC CORP US N 1 N N N NPK International Inc. 54930073OHWDQW4DJN26 651718504 53047.00000000 NS USD 732579.07000000 0.785752042345 Long EC CORP US N 1 N N N Northeast Bank 549300F0LV9TSW34E306 66405S100 7668.00000000 NS USD 883583.64000000 0.947717015329 Long EC CORP US N 1 N N Northpointe Bancshares Inc. 549300EYMKMD4WKEKP72 66661N886 44345.00000000 NS USD 764507.80000000 0.819998263449 Long EC CORP US N 1 N N N NWPX Infrastructure Inc. 54930056VW2CRCZ9RE54 667746101 7193.00000000 NS USD 485167.85000000 0.520382911045 Long EC CORP US N 1 N N N OFG Bancorp 549300Q4QEXJ37LEXQ06 67103X102 11528.00000000 NS USD 464578.40000000 0.498299011777 Long EC CORP PR N 1 N N N OceanFirst Financial Corp. N/A 675234108 20685.00000000 NS USD 387843.75000000 0.415994711224 Long EC CORP US N 1 N N N Olaplex Holdings Inc N/A 679369108 90146.00000000 NS USD 142430.68000000 0.152768762152 Long EC CORP US N 1 N N Onto Innovation Inc. 254900RXZVN73CHOO062 683344105 2743.00000000 NS USD 554223.15000000 0.594450469391 Long EC CORP US N 1 N N N Ooma Inc N/A 683416101 20405.00000000 NS USD 239758.75000000 0.257161220129 Long EC CORP US N 1 N N Option Care Health Inc 549300DI3Q5ACSYJRI17 68404L201 18262.00000000 NS USD 620908.00000000 0.665975522763 Long EC CORP US N 1 N N N Orion Group Holdings Inc 549300KBVXPV9Q3CT222 68628V308 24455.00000000 NS USD 298840.10000000 0.320530886733 Long EC CORP US N 1 N N N Orthofix Medical Inc N/A 68752M108 31157.00000000 NS USD 412207.11000000 0.442126443159 Long EC CORP US N 1 N N N PTC Therapeutics, Inc. 549300UJLWOIWFDGB318 69366J200 8153.00000000 NS USD 615796.09000000 0.660492573703 Long EC CORP US N 1 N N N Park Dental Partners Inc. 529900JGYNTREBZJHT94 700402100 15597.00000000 NS USD 254387.07000000 0.272851311188 Long EC CORP US N 1 N N N Peapack-Gladstone Financial Corp. 549300G8DN2UK8K0ET30 704699107 19970.00000000 NS USD 633448.40000000 0.679426145795 Long EC CORP US N 1 N N Perella Weinberg Partners N/A 71367G102 26300.00000000 NS USD 586753.00000000 0.629341441740 Long EC CORP US N 1 N N Phreesia Inc 5493000HHF8NU4QOCG53 71944F106 25186.00000000 NS USD 338247.98000000 0.362799118877 Long EC CORP US N 1 N N N Popular, Inc. 5493008CARDZMVQ3LO89 733174700 1782.00000000 NS USD 237950.46000000 0.255221678558 Long EC CORP PR N 1 N N N Portland General Electric Company GJOUP9M7C39GLSK9R870 736508847 10614.00000000 NS USD 533353.50000000 0.572066032294 Long EC CORP US N 1 N N Post Holdings Inc. JM1I5YUAURL6DC8N1468 737446104 3246.00000000 NS USD 332098.26000000 0.356203032192 Long EC CORP US N 1 N N N Primerica, Inc. 254900621R686KJR7022 74164M108 1716.00000000 NS USD 451376.64000000 0.484139025084 Long EC CORP US N 1 N N N Priority Technology Holdings Inc. 549300ZS6DXD7ROBKB40 74275G107 34985.00000000 NS USD 206761.35000000 0.221768761480 Long EC CORP US N 1 N N N Proficient Auto Logistics Inc N/A 74317M104 70494.00000000 NS USD 710579.52000000 0.762155693431 Long EC CORP US N 1 N N Prosperity Bancshares Inc N/A 743606105 13050.00000000 NS USD 900580.50000000 0.965947562727 Long EC CORP US N 1 N N N Public Policy Holding Company Inc 2138008Z7B1IXVVJAZ79 744430208 36842.00000000 NS USD 451314.50000000 0.484072374761 Long EC CORP US N 1 N N N RGC Resources Inc N/A 74955L103 16152.00000000 NS USD 350659.92000000 0.376111957865 Long EC CORP US N 1 N N N Radiant Logistics Inc. 549300HWCW2HBOG4GN20 75025X100 107063.00000000 NS USD 720533.99000000 0.772832691250 Long EC CORP US N 1 N N N Ralliant Corp. 52990024QKO4DYT8N464 750940108 6970.00000000 NS USD 369200.90000000 0.395998702516 Long EC CORP US N 1 N N N Ranpak Holdings Corp. 5493000Z9EZR9DCYOO86 75321W103 90607.00000000 NS USD 456659.28000000 0.489805096282 Long EC CORP US N 1 N N N Rayonier Advanced Materials Inc 54930053QJ7OUGZG4F72 75508B104 54527.00000000 NS USD 423129.52000000 0.453841637212 Long EC CORP US N 1 N N N The Real Brokerage Inc 254900X7DGVQ8SUIC387 75585H206 78692.00000000 NS USD 278569.68000000 0.298789173700 Long EC CORP CA N 1 N N N Regal Rexnord Corporation QH78R09VCJGQKPBPYU33 758750103 3141.00000000 NS USD 507271.50000000 0.544090915877 Long EC CORP US N 1 N N N Reservoir Media Inc. 549300PHPDQ9M9QSNU18 76119X105 95682.00000000 NS USD 722399.10000000 0.774833177002 Long EC CORP US N 1 N N N SLM Corp. N/A 78442P106 11602.00000000 NS USD 314994.30000000 0.337857611127 Long EC CORP US N 1 N N N SM Energy Co. 84BUTVXV5ODI6BXNMH43 78454L100 14748.00000000 NS USD 287143.56000000 0.307985373805 Long EC CORP US N 1 N N Select Water Solutions Inc 54930094OK8LA3QDW486 81617J301 15722.00000000 NS USD 190078.98000000 0.203875530790 Long EC CORP US N 1 N N N Semtech Corporation 549300J7WUY317SW6O61 816850101 4483.00000000 NS USD 357519.25000000 0.383469160353 Long EC CORP US N 1 N N N Silicon Motion Technology Corp. 5299005RBVBZQJTYFC89 82706C108 5761.00000000 NS USD 685155.73000000 0.734886562036 Long EC CORP KY N 1 N N N Slide Insurance Holdings Inc. 2549004LDWZTPC69SX47 831349105 13769.00000000 NS USD 237239.87000000 0.254459511624 Long EC CORP US N 1 N N N Sonoco Products Company GKOMIK4RDJGHEF0VNP11 835495102 9010.00000000 NS USD 432480.00000000 0.463870805473 Long EC CORP US N 1 N N Spire Inc 549300NXSY15DRY2R511 84857L101 7271.00000000 NS USD 614326.79000000 0.658916627129 Long EC CORP US N 1 N N N Stewart Information Services Corporation 529900TV1XI0PLKENU10 860372101 4432.00000000 NS USD 298849.76000000 0.320541247888 Long EC CORP US N 1 N N N Stoneridge Inc. PNBCIH9LE7WI83VJIF08 86183P102 86905.00000000 NS USD 571834.90000000 0.613340537506 Long EC CORP US N 1 N N N Sun Country Airlines Holdings Inc. 549300MOHOJN9GH0NJ48 866683105 40892.00000000 NS USD 717245.68000000 0.769305705012 Long EC CORP US N 1 N N N Taseko Mines Limited 549300XKUO1JSLU7KX54 876511106 46915.00000000 NS USD 357492.30000000 0.383440254234 Long EC CORP CA N 1 N N N Teleflex Incorporated UUL85LWXB4NGSWWXIQ25 879369106 8397.00000000 NS USD 876394.89000000 0.940006482465 Long EC CORP US N 1 N N N Teradata Corp 549300JU9SOUHV4U4R71 88076W103 32670.00000000 NS USD 931748.40000000 0.999377730314 Long EC CORP US N 1 N N N TETRA Technologies Inc. 549300T5W131705EK832 88162F105 38669.00000000 NS USD 440826.60000000 0.472823228856 Long EC CORP US N 1 N N N Thermon Group Holdings Inc 529900ZNZBBLDE77MZ38 88362T103 11902.00000000 NS USD 538565.50000000 0.577656336212 Long EC CORP US N 1 N N N The Timken Company B0I35MLPFXZSE70ASS73 887389104 3951.00000000 NS USD 368193.69000000 0.394918385937 Long EC CORP US N 1 N N N Metallus Inc. 549300QZTZWHDE9HJL14 887399103 32019.00000000 NS USD 638779.05000000 0.685143711715 Long EC CORP US N 1 N N N Tiptree Inc. 254900EH52HA4YXENT37 88822Q103 13995.00000000 NS USD 250230.60000000 0.268393151072 Long EC CORP US N 1 N N N Titan Machinery Inc. 549300835ZM8G0BT5C94 88830R101 26335.00000000 NS USD 428470.45000000 0.459570229289 Long EC CORP US N 1 N N N Trueblue Inc N/A 89785X101 75230.00000000 NS USD 403232.80000000 0.432500748541 Long EC CORP US N 1 N N N Tutor Perini Corporation 549300FHXYVPW8LJ6D98 901109108 6398.00000000 NS USD 504738.22000000 0.541373762172 Long EC CORP US N 1 N N UFP Industries Inc 5493007KB485C9OV5572 90278Q108 3222.00000000 NS USD 332768.16000000 0.356921555713 Long EC CORP US N 1 N N N UMH Properties Inc 529900OM5K3PJ11F0Q09 903002103 31619.00000000 NS USD 494204.97000000 0.530075974617 Long EC CORP US N 1 N N N Ultra Clean Holdings Inc 5493007L6LS7QX18PE75 90385V107 12890.00000000 NS USD 563035.20000000 0.603902126650 Long EC CORP US N 1 N N N Unitil Corp N/A 913259107 10685.00000000 NS USD 543973.35000000 0.583456705559 Long EC CORP US N 1 N N N Upland Software Inc 549300NS277POYJ63W89 91544A109 45742.00000000 NS USD 60836.86000000 0.065252597231 Long EC CORP US N 1 N N N V2X Inc N/A 92242T101 10570.00000000 NS USD 727533.10000000 0.780339819425 Long EC CORP US N 1 N N N Vital Farms Inc. 549300S6NYY7ER3XOT61 92847W103 3964.00000000 NS USD 112775.80000000 0.120961434479 Long EC CORP US N 1 N N N Warrior Met Coal Inc 549300152B1S9YKBYV79 93627C101 5423.00000000 NS USD 484273.90000000 0.519424075246 Long EC CORP US N 1 N N N Webster Financial Corp. KMRURHT0VWKYS6Z5KU67 947890109 12707.00000000 NS USD 835739.39000000 0.896400074003 Long EC CORP US N 1 N N Wesbanco Inc N/A 950810101 22337.00000000 NS USD 788272.73000000 0.845488129387 Long EC CORP US N 1 N N N N/A N/A N/A 0.00000000 NS USD 0.00000000 0.000000 Long STIV US N N/A N N Capstone Copper Corp 549300III6KGKKC42W63 14071L108 46119.00000000 NS 511104.86000000 0.548202513617 Long EC CORP CA N 1 N N N Constellium SE 724500KRJEMC79KAAU28 F21107101 17902.00000000 NS USD 402257.94000000 0.431455130030 Long EC CORP FR N 1 N N N Ferroglobe PLC 2138005GCFJACFTZUD90 G33856108 109633.00000000 NS USD 520756.75000000 0.558554969196 Long EC CORP GB N 1 N N N Alpha & Omega Semiconductor Ltd. 5493001FE7J03YOV2V35 G6331P104 20497.00000000 NS USD 452983.70000000 0.485862730727 Long EC CORP BM N 1 N N N National Energy Services Reunited Corp. N/A G6375R107 37829.00000000 NS USD 744474.72000000 0.798511117325 Long EC CORP VG N 1 N N N Teekay Tankers Ltd. 549300DE8ZAIYS2T6Q22 G8726X106 7659.00000000 NS USD 494158.68000000 0.530026324739 Long EC CORP BM N 1 N N N Vtex N/A G9470A102 154887.00000000 NS USD 486345.18000000 0.521645695487 Long EC CORP KY N 1 N N N Ituran N/A M6158M104 11451.00000000 NS USD 511058.13000000 0.548152391802 Long EC CORP IL N 1 N N N Radcom Ltd. 529900YOUOKNMG7QW685 M81865111 25874.00000000 NS USD 324459.96000000 0.348010319526 Long EC CORP IL N 1 N N N TAT Technologies N/A M8740S227 4735.00000000 NS USD 240916.80000000 0.258403325166 Long EC CORP IL N 1 N N N Expro Group Holdings NV 724500LJYA8QIT73H017 N3144W105 15407.00000000 NS USD 246666.07000000 0.264569895888 Long EC CORP NL N 1 N N N Ardmore Shipping Corp. 549300J8HD7K6BHD8O28 Y0207T100 64486.00000000 NS USD 833159.12000000 0.893632519611 Long EC CORP MH N 1 N N N DHT Holdings Inc. 549300SMD6IVZYT74K40 Y2065G121 36555.00000000 NS USD 523833.15000000 0.561854664317 Long EC CORP MH N 1 N N N Scorpio Tankers Inc 549300NVJUH16NXG8K87 Y7542C130 9898.00000000 NS USD 629710.76000000 0.675417215723 Long EC CORP MH N 1 N N N Star Bulk Carriers Corp. 549300SO3FMK7H6DDY54 Y8162K204 25563.00000000 NS USD 586670.85000000 0.629253329025 Long EC CORP MH N 1 N N N 2026-02-27 Dunham Funds James Colantino James Colantino Assistant Treasurer XXXX