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        <name>Tanger Inc.</name>
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        <name>Signet Jewelers Limited</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>InterDigital, Inc.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <name>Spire Inc.</name>
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        <name>PLAYTIKA HOLDING CORP.</name>
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        <name>SHIFT4 PAYMENTS, INC.</name>
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        <name>Lincoln International Inc</name>
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        <name>INDUSTRIAL LOGISTICS PROPERTIES TRUST</name>
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        <name>DYNEX CAPITAL, INC.</name>
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        <name>BOISE CASCADE COMPANY</name>
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        <name>The Descartes Systems Group Inc.</name>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <fairValLevel>1</fairValLevel>
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        <isRestrictedSec>N</isRestrictedSec>
        
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        <name>IRONWOOD PHARMACEUTICALS, INC.</name>
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        <isRestrictedSec>N</isRestrictedSec>
        
        <fairValLevel>1</fairValLevel>
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        <name>GATES INDUSTRIAL CORPORATION PLC</name>
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        <fairValLevel>1</fairValLevel>
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        <name>EXLSERVICE HOLDINGS, INC.</name>
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        <fairValLevel>1</fairValLevel>
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        <name>INGEVITY CORPORATION</name>
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        <fairValLevel>1</fairValLevel>
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        <name>FLUOR CORPORATION.</name>
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        <name>Spyre Therapeutics Inc</name>
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        <name>Essent Group Ltd.</name>
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        <name>OUTFRONT MEDIA INC.</name>
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        <name>Lumexa Imaging Holdings Inc</name>
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        <name>Mineralys Therapeutics Inc</name>
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        <name>COMMERCE BANCSHARES, INC.</name>
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    <signature>
      <ncom:dateSigned>2026-08-31</ncom:dateSigned>
      <ncom:nameOfApplicant>Victory Portfolios III</ncom:nameOfApplicant>
      <ncom:signature>Carol D. Trevino</ncom:signature>
      <ncom:signerName>Carol D. Trevino</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
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  <documents>XXXX</documents>
</edgarSubmission>
