About Your Fund’s Expenses

As a shareholder of the fund, you incur ongoing costs, which include costs for portfolio management, administrative services, and shareholder reports (like this one), among others. Operating expenses, which are deducted from a fund’s gross income, directly reduce the investment return of the fund.

A fund’s expenses are expressed as a percentage of its average net assets. This figure is known as the expense ratio. The following examples are intended to help you understand the ongoing costs (in dollars) of investing in your fund and to compare these costs with those of other mutual funds. The examples are based on an investment of $1,000 made at the beginning of the period shown and held for the entire period.

The accompanying table illustrates your fund’s costs in two ways:

•

Based on actual fund return. This section helps you to estimate the actual expenses that you paid over the period. The ”Ending Account Value“ shown is derived from the fund‘s actual return, and the third column shows the dollar amount that would have been paid by an investor who started with $1,000 in the fund. You may use the information here, together with the amount you invested, to estimate the expenses that you paid over the period.

To do so, simply divide your account value by $1,000 (for example, an $8,600 account value divided by $1,000 = 8.6), then multiply the result by the number given for your fund under the heading ”Expenses Paid During Period.“

•

Based on hypothetical 5% yearly return. This section is intended to help you compare your fund‘s costs with those of other mutual funds. It assumes that the fund had a yearly return of 5% before expenses, but that the expense ratio is unchanged. In this case—because the return used is not the fund’s actual return—the results do not apply to your investment. The example is useful in making comparisons because the Securities and Exchange Commission requires all mutual funds to calculate expenses based on a 5% return. You can assess your fund’s costs by comparing this hypothetical example with the hypothetical examples that appear in shareholder reports of other funds.

Note that the expenses shown in the table are meant to highlight and help you compare ongoing costs only and do not reflect transaction costs incurred by the fund for buying and selling securities. Further, the expenses do not include any purchase, redemption, or account service fees described in the fund prospectus. If such fees were applied to your account, your costs would be higher. Your fund does not carry a “sales load.”

The calculations assume no shares were bought or sold during the period. Your actual costs may have been higher or lower, depending on the amount of your investment and the timing of any purchases or redemptions.

You can find more information about the fund’s expenses, including annual expense ratios, in the Financial Statements section of this report. For additional information on operating expenses and other shareholder costs, please refer to your fund’s current prospectus.

Six Months Ended February 28, 2023
	Beginning Account Value 8/31/2022	Ending Account Value 2/28/2023	Expenses Paid During Period
Based on Actual Fund Return
Russell 2000 Index Fund
ETF Shares	$1,000.00	$1,036.90	$0.51
Institutional Shares	1,000.00	1,037.00	0.40
Russell 2000 Value Index Fund
ETF Shares	$1,000.00	$1,042.20	$0.76
Institutional Shares	1,000.00	1,042.60	0.41
Russell 2000 Growth Index Fund
ETF Shares	$1,000.00	$1,031.10	$0.76
Institutional Shares	1,000.00	1,031.40	0.40
Based on Hypothetical 5% Yearly Return
Russell 2000 Index Fund
ETF Shares	$1,000.00	$1,024.30	$0.50
Institutional Shares	1,000.00	1,024.40	0.40
Russell 2000 Value Index Fund
ETF Shares	$1,000.00	$1,024.05	$0.75
Institutional Shares	1,000.00	1,024.40	0.40
Russell 2000 Growth Index Fund
ETF Shares	$1,000.00	$1,024.05	$0.75
Institutional Shares	1,000.00	1,024.40	0.40

The calculations are based on expenses incurred in the most recent six-month period. The funds' annualized six-month expense ratios for that period are: for the Russell 2000 Index Fund, 0.10% for ETF Shares and 0.08% for Institutional Shares; for the Russell 2000 Value Index Fund, 0.15% for ETF Shares and 0.08% for Institutional Shares; and for the Russell 2000 Growth Index Fund, 0.15% for ETF Shares and 0.08% for Institutional Shares. The dollar amounts shown as “Expenses Paid" are equal to the annualized expense ratio multiplied by the average account value over the period, multiplied by the number of days in the most recent six-month period, then divided by the number of days in the most recent 12-month period (181/365).

Russell 2000 Index Fund

Fund Allocation

As of February 28, 2023

Basic Materials	4.2%
Consumer Discretionary	13.3
Consumer Staples	3.2
Energy	6.8
Financials	16.7
Health Care	15.5
Industrials	17.7
Real Estate	6.5
Technology	10.9
Telecommunications	1.7
Utilities	3.5
Other	0.0

The table reflects the fund’s investments, except short-term investments and derivatives. Sector categories are based on the Industry Classification Benchmark (“ICB”), except for the “Other” category (if applicable), which includes securities that have not been provided an ICB classification as of the effective reporting period.

The fund may invest in derivatives (such as futures and swap contracts) for various reasons, including, but not limited to, attempting to remain fully invested and tracking its target index as closely as possible.

The Industry Classification Benchmark (“ICB”) is owned by FTSE. FTSE does not accept any liability to any person for any loss or damage arising out of any error or omission in the ICB.

Russell 2000 Index Fund

Financial Statements (unaudited)

Schedule of Investments

As of February 28, 2023

The fund files its complete schedule of portfolio holdings with the Securities and Exchange Commission (SEC) for the first and third quarters of each fiscal year as an exhibit to its reports on Form N-PORT. The fund’s Form N-PORT reports are available on the SEC’s website at www.sec.gov.

		Shares	Market Value• ($000)
Common Stocks (99.6%)
Basic Materials (4.2%)
^*	RBC Bearings Inc.	77,310	17,767
	Commercial Metals Co.	316,356	16,371
	UFP Industries Inc.	161,985	13,855
	Cabot Corp.	150,697	11,985
	Balchem Corp.	86,329	11,223
	Mueller Industries Inc.	151,603	11,214
	Avient Corp.	246,925	10,773
^*	Livent Corp.	439,274	10,301
	Sensient Technologies Corp.	113,698	8,572
^*	Ingevity Corp.	101,656	8,393
	Hecla Mining Co.	1,500,394	7,727
	Boise Cascade Co.	107,085	7,401
	Innospec Inc.	67,083	7,343
^*	Arconic Corp.	275,381	7,281
	Quaker Chemical Corp.	36,750	7,195
	Carpenter Technology Corp.	129,661	6,267
	Materion Corp.	55,329	6,179
	Stepan Co.	57,817	6,018
^*	Constellium SE Class A	342,331	5,474
	Minerals Technologies Inc.	87,788	5,333
	Worthington Industries Inc.	85,121	5,145
	Tronox Holdings plc Class A	317,329	4,950
	Sylvamo Corp.	96,232	4,747
	Orion Engineered Carbons SA	163,660	4,173
	Mativ Holdings Inc.	147,681	3,826
^*	Novagold Resources Inc.	647,555	3,620
	Compass Minerals International Inc.	92,895	3,579
^*,1	Uranium Energy Corp.	955,237	3,534
	Kaiser Aluminum Corp.	43,000	3,411
^*	Piedmont Lithium Inc.	47,057	3,054
	AdvanSix Inc.	72,500	2,983
	GrafTech International Ltd.	524,575	2,964
^*,1	Energy Fuels Inc.	421,768	2,830
^*	LSB Industries Inc.	200,312	2,722
^*	Perimeter Solutions SA	317,386	2,717
^*	US Silica Holdings Inc.	201,076	2,441
^*	Coeur Mining Inc.	753,852	2,352
	Schnitzer Steel Industries Inc. Class A	68,742	2,247
^*	TimkenSteel Corp.	119,491	2,186

		Shares	Market Value• ($000)
	Hawkins Inc.	52,626	2,140
	Koppers Holdings Inc.	55,204	1,981
^*	Ecovyst Inc.	195,861	1,967
	Ryerson Holding Corp.	52,606	1,890
	Haynes International Inc.	33,196	1,816
^*	Clearwater Paper Corp.	45,495	1,756
^*	Century Aluminum Co.	141,106	1,703
	American Vanguard Corp.	76,159	1,589
^*	Rayonier Advanced Materials Inc.	167,880	1,377
	Olympic Steel Inc.	26,159	1,373
^*	Origin Materials Inc.	284,644	1,366
^*	Northwest Pipe Co.	26,716	1,029
	Omega Flex Inc.	8,826	1,027
^*	Intrepid Potash Inc.	30,177	956
	Tredegar Corp.	73,743	857
^*,1	5e Advanced Materials Inc.	103,736	701
^*,1	Amyris Inc.	536,934	671
^*	Ur-Energy Inc.	574,289	615
	FutureFuel Corp.	69,532	608
^*,1	Ivanhoe Electric Inc.	39,706	597
^*	Alto Ingredients Inc.	195,546	571
	Glatfelter Corp.	117,195	450
^*	Unifi Inc.	38,355	397
^*	Dakota Gold Corp.	141,037	396
^*	Polymet Mining Corp.	79,994	200
^*,1	Hycroft Mining Holding Corp.	405,954	158
	Valhi Inc.	6,296	149
			278,493
Consumer Discretionary (13.3%)
^*	Crocs Inc.	164,422	20,012
	Texas Roadhouse Inc. Class A	181,584	18,438
^*	Light & Wonder Inc.	255,940	16,024
	Murphy USA Inc.	56,647	14,450
	Wingstop Inc.	81,237	13,839
^*	Asbury Automotive Group Inc.	60,023	13,631
^*	Fox Factory Holding Corp.	114,997	13,512
^*	Visteon Corp.	75,386	12,592
	Academy Sports & Outdoors Inc.	210,066	12,425
^*	Hilton Grand Vacations Inc.	232,749	11,111
^*	Adient plc	257,408	10,996
^*	Meritage Homes Corp.	98,395	10,748
	TEGNA Inc.	603,382	10,499

Russell 2000 Index Fund

		Shares	Market Value• ($000)
^*	Taylor Morrison Home Corp. Class A	283,453	10,156
^*	elf Beauty Inc.	133,190	9,956
^*	Skyline Champion Corp.	144,615	9,893
	Foot Locker Inc.	218,700	9,562
	Signet Jewelers Ltd.	124,154	8,892
^*	Topgolf Callaway Brands Corp.	379,386	8,794
^*	Goodyear Tire & Rubber Co.	761,439	8,650
	Group 1 Automotive Inc.	38,269	8,460
^*	National Vision Holdings Inc.	212,736	7,948
	Kontoor Brands Inc.	150,644	7,856
	LCI Industries	67,381	7,601
	Steven Madden Ltd.	208,836	7,581
	Papa John's International Inc.	88,430	7,424
	KB Home	209,500	7,389
^*	Helen of Troy Ltd.	64,336	7,250
	International Game Technology plc	266,380	7,075
^*	SeaWorld Entertainment Inc.	107,799	6,964
^*	Cavco Industries Inc.	24,168	6,888
^*	Sonos Inc.	346,118	6,725
^*	Dorman Products Inc.	71,325	6,635
	Cracker Barrel Old Country Store Inc.	60,051	6,543
^*	Tri Pointe Homes Inc.	273,021	6,509
	Rush Enterprises Inc. Class A	114,388	6,484
^*	frontdoor Inc.	224,485	6,342
	Graham Holdings Co. Class B	9,999	6,266
^*	Boot Barn Holdings Inc.	79,896	6,188
	Bloomin' Brands Inc.	236,920	6,184
^*,1	Luminar Technologies Inc. Class A	682,321	6,107
	Red Rock Resorts Inc. Class A	137,463	6,003
	American Eagle Outfitters Inc.	417,357	5,997
	Inter Parfums Inc.	48,621	5,854
^*	LGI Homes Inc.	55,534	5,793
^*	Duolingo Inc.	63,722	5,785
	MDC Holdings Inc.	154,878	5,730
^*	Gentherm Inc.	89,648	5,694
^*	Shake Shack Inc. Class A	101,539	5,665
	Dana Inc.	349,550	5,537
	Spirit Airlines Inc.	295,326	5,410
^*	Chegg Inc.	336,743	5,351
	Strategic Education Inc.	61,497	5,243
	John Wiley & Sons Inc. Class A	116,366	5,177
	Winnebago Industries Inc.	80,936	5,144
	MillerKnoll Inc.	206,437	4,928
¹	Cheesecake Factory Inc.	131,447	4,921
^*	ODP Corp.	108,357	4,906
	Oxford Industries Inc.	40,893	4,809
^*	Adtalem Global Education Inc.	121,554	4,755
^*	Sally Beauty Holdings Inc.	290,559	4,675
^*	Stride Inc.	110,000	4,672
^*	Urban Outfitters Inc.	173,337	4,671
^*	Dave & Buster's Entertainment Inc.	116,309	4,655
	PriceSmart Inc.	66,657	4,647

		Shares	Market Value• ($000)
	Century Communities Inc.	76,595	4,581
	Jack in the Box Inc.	57,398	4,500
^*	Brinker International Inc.	117,796	4,476
^*	Sabre Corp.	883,541	4,471
^*	Everi Holdings Inc.	233,990	4,443
^*	Allegiant Travel Co.	42,679	4,377
	Acushnet Holdings Corp.	90,139	4,350
^*	Vista Outdoor Inc.	151,543	4,328
	Laureate Education Inc.	364,879	4,327
^*	Madison Square Garden Entertainment Corp.	70,653	4,277
	Monro Inc.	84,680	4,271
^*	Central Garden & Pet Co. Class A	108,967	4,188
^*	KAR Auction Services Inc.	292,522	4,180
^*	M/I Homes Inc.	72,070	4,169
^*	Knowles Corp.	243,765	4,139
^*	Cinemark Holdings Inc.	295,929	4,028
^*	ACV Auctions Inc. Class A	319,138	3,906
^*	XPEL Inc.	58,396	3,901
^*	Abercrombie & Fitch Co. Class A	131,781	3,876
¹	Dillard's Inc. Class A	10,791	3,846
	La-Z-Boy Inc.	116,730	3,780
	Scholastic Corp.	80,610	3,677
	Upbound Group Inc.	135,352	3,634
^*,1	Fisker Inc.	481,080	3,574
	Wolverine World Wide Inc.	209,193	3,504
^*	Coursera Inc.	310,095	3,495
	HNI Corp.	111,554	3,486
^*	Cars.com Inc.	179,643	3,449
^*	Liberty Media Corp.- Liberty Braves Class C	102,063	3,416
^*	PROG Holdings Inc.	135,511	3,350
	Buckle Inc.	81,831	3,338
^*	Malibu Boats Inc. Class A	55,163	3,297
^*	Figs Inc. Class A	344,831	3,176
^*	Lions Gate Entertainment Corp. Class B	313,728	3,122
	Matthews International Corp. Class A	80,931	3,088
	Dine Brands Global Inc.	39,959	3,064
^*	Revolve Group Inc.	110,689	2,997
^*	iRobot Corp.	72,679	2,986
^*	TravelCenters of America Inc.	34,173	2,883
^*	PowerSchool Holdings Inc. Class A	123,428	2,833
	Sonic Automotive Inc. Class A	48,536	2,761
	Sturm Ruger & Co. Inc.	46,584	2,714
^*	American Axle & Manufacturing Holdings Inc.	306,299	2,695
	Monarch Casino & Resort Inc.	36,157	2,662
	Gray Television Inc.	221,878	2,596
^*	SkyWest Inc.	135,309	2,580
^*	Clean Energy Fuels Corp.	458,743	2,569
¹	Krispy Kreme Inc.	194,614	2,532
^*	Perdoceo Education Corp.	181,925	2,508
	Caleres Inc.	95,426	2,492
	Hibbett Inc.	34,398	2,474
¹	Camping World Holdings Inc. Class A	105,757	2,414
^*	iHeartMedia Inc. Class A	326,364	2,369
^*	Imax Corp.	127,357	2,348

Russell 2000 Index Fund

		Shares	Market Value• ($000)
^*	QuinStreet Inc.	137,033	2,325
^*	Sleep Number Corp.	57,902	2,308
^*	Green Brick Partners Inc.	73,350	2,289
^*	Overstock.com Inc.	115,420	2,236
^*	Golden Entertainment Inc.	54,365	2,235
	Winmark Corp.	7,608	2,222
	Standard Motor Products Inc.	54,627	2,129
¹	Ermenegildo Zegna NV	162,720	2,119
^*	Sweetgreen Inc. Class A	241,338	2,104
^*	OneSpaWorld Holdings Ltd.	179,617	2,082
^*	Life Time Group Holdings Inc.	113,715	2,055
^*	EW Scripps Co. Class A	159,313	2,011
^*	Qurate Retail Inc. Series A	950,361	2,005
^*	BJ's Restaurants Inc.	61,663	1,973
	RCI Hospitality Holdings Inc.	23,419	1,962
	Franchise Group Inc.	70,485	1,960
^*	G-III Apparel Group Ltd.	116,448	1,935
^*	MarineMax Inc.	57,431	1,929
^*,1	Bally's Corp.	97,170	1,919
^*	Vizio Holding Corp. Class A	186,776	1,914
^*	Chico's FAS Inc.	330,922	1,903
^*	Udemy Inc.	198,549	1,874
	Steelcase Inc. Class A	234,856	1,848
^*	2U Inc.	205,742	1,843
^*	AMC Networks Inc. Class A	81,697	1,827
^*	GoPro Inc. Class A	351,402	1,824
^*	Corsair Gaming Inc.	104,086	1,822
	Arko Corp.	226,534	1,817
	Ethan Allen Interiors Inc.	61,356	1,813
^*	Sun Country Airlines Holdings Inc.	89,707	1,799
¹	Guess? Inc.	84,272	1,773
	Sinclair Broadcast Group Inc. Class A	108,945	1,773
^*	Clear Channel Outdoor Holdings Inc.	1,001,224	1,772
^*	Denny's Corp.	150,783	1,760
^*	Chuy's Holdings Inc.	48,613	1,738
^*	Portillo's Inc. Class A	75,080	1,706
^*	Stoneridge Inc.	71,545	1,703
^*	Lions Gate Entertainment Corp. Class A	158,261	1,679
^*	Thryv Holdings Inc.	69,011	1,645
^*	Master Craft Boat Holdings Inc.	47,863	1,616
	Ruth's Hospitality Group Inc.	85,666	1,598
^*	Genesco Inc.	34,059	1,532
^*	Hawaiian Holdings Inc.	136,604	1,530
	Haverty Furniture Cos. Inc.	39,448	1,489
	A-Mark Precious Metals Inc.	49,518	1,451
^*	Children's Place Inc.	34,386	1,440
	Movado Group Inc.	41,585	1,440
^*	Stagwell Inc.	208,409	1,430
^*	Boston Omaha Corp. Class A	59,022	1,422
^*	Viad Corp.	55,130	1,417

		Shares	Market Value• ($000)
^*	Accel Entertainment Inc. Class A	151,718	1,388
	Interface Inc. Class A	156,259	1,378
^*	America's Car-Mart Inc.	15,886	1,350
	Smith & Wesson Brands Inc.	123,354	1,350
	Designer Brands Inc. Class A	137,363	1,345
^*	Bowlero Corp.	80,514	1,238
	Shoe Carnival Inc.	46,559	1,227
^*	Xponential Fitness Inc. Class A	48,205	1,224
	European Wax Center Inc. Class A	66,044	1,219
	Carriage Services Inc. Class A	35,767	1,213
^*	Instructure Holdings Inc.	46,870	1,208
^*	Beazer Homes USA Inc.	79,667	1,188
^*	Frontier Group Holdings Inc.	100,634	1,183
	Aaron's Co. Inc.	82,014	1,177
^*	Gannett Co. Inc.	388,178	1,176
^*	Integral Ad Science Holding Corp.	102,984	1,125
	Big Lots Inc.	77,832	1,117
^*	Lovesac Co.	37,875	1,090
^*	Central Garden & Pet Co.	26,408	1,070
^*	Stitch Fix Inc. Class A	227,466	1,060
^*	Rover Group Inc. Class A	252,897	1,057
	Entravision Communications Corp. Class A	161,005	1,056
	Alta Equipment Group Inc.	55,920	1,052
¹	Bluegreen Vacations Holding Class A	31,730	1,052
	Marcus Corp.	65,108	1,048
^*	Daily Journal Corp.	3,290	999
	Global Industrial Co.	35,465	998
^*	Zumiez Inc.	42,726	994
	Rush Enterprises Inc. Class B	16,157	969
^*	Hovnanian Enterprises Inc. Class A	14,093	960
^*	Destination XL Group Inc.	156,713	937
	Johnson Outdoors Inc. Class A	14,360	931
^*	Sportsman's Warehouse Holdings Inc.	103,398	930
^*	Funko Inc. Class A	85,925	929
^*	Liberty Media Corp.- Liberty Braves Class A	27,108	928
^*	Quotient Technology Inc.	244,476	924
^*	Inspired Entertainment Inc.	57,342	907
^*	Arlo Technologies Inc.	233,393	887
^*,1	Blink Charging Co.	96,703	875
^*	Full House Resorts Inc.	89,585	867
^*	Selectquote Inc.	366,172	857
^*	CarParts.com Inc.	136,579	856
^*	OneWater Marine Inc. Class A	30,531	849
^*	Liquidity Services Inc.	65,831	833
^*	Playstudios Inc.	213,415	794
	Clarus Corp.	79,007	782
^*	Lindblad Expeditions Holdings Inc.	90,793	779

Russell 2000 Index Fund

		Shares	Market Value• ($000)
^*	Kura Sushi USA Inc. Class A	12,407	777
^*	ContextLogic Inc. Class A	1,589,954	774
^*	Build-A-Bear Workshop Inc.	36,392	762
^*	Allbirds Inc. Class A	260,201	744
^*	1-800-Flowers.com Inc. Class A	73,141	724
^*	Century Casinos Inc.	74,562	690
^*	Rush Street Interactive Inc.	163,915	687
	Kimball International Inc. Class B	98,341	680
^*,1	Dream Finders Homes Inc. Class A	56,466	679
^*	Motorcar Parts of America Inc.	51,642	676
^*,1	Vuzix Corp.	161,810	672
^*	Universal Technical Institute Inc.	88,670	644
^*	Noodles & Co. Class A	109,611	640
^*,1	Purple Innovation Inc. Class A	146,822	634
^*	First Watch Restaurant Group Inc.	41,183	629
	El Pollo Loco Holdings Inc.	52,285	626
^*	Citi Trends Inc.	21,994	617
^*	Snap One Holdings Corp.	48,162	563
^*	American Public Education Inc.	50,766	560
^*	Fossil Group Inc.	127,992	554
^*	Neogames SA	35,128	546
^*	WW International Inc.	146,131	535
^*	Eastman Kodak Co.	154,396	534
^*	Tilly's Inc. Class A	61,392	533
^*	Sonder Holdings Inc.	510,236	526
^*	ONE Group Hospitality Inc.	60,601	515
¹	Big 5 Sporting Goods Corp.	57,340	506
	Rocky Brands Inc.	18,594	495
^*,1	Lordstown Motors Corp. Class A	472,317	491
^*	Wheels Up Experience Inc.	440,721	489
^*	Tupperware Brands Corp.	118,994	488
^*	Legacy Housing Corp.	23,788	475
^*	Cardlytics Inc.	86,209	470
^*,1	AMMO Inc.	240,303	469
^*,1	Vacasa Inc.	314,325	456
^*	Tile Shop Holdings Inc.	83,364	455
	Cato Corp. Class A	48,869	452
^*	BARK Inc.	326,312	441
^*,1	Rent the Runway Inc. Class A	128,937	440
^*	Outbrain Inc.	98,014	433
	Weyco Group Inc.	16,064	426
^*	Universal Electronics Inc.	32,729	416
^*	LL Flooring Holdings Inc.	77,576	392
^*,1	Nerdy Inc.	151,886	381
	Superior Group of Cos. Inc.	32,613	378
^*	Container Store Group Inc.	86,384	376
^*,1	Reservoir Media Inc.	55,422	375
^*	Latham Group Inc.	117,507	374

		Shares	Market Value• ($000)
^*	Biglari Holdings Inc. Class B	2,028	365
^*,1	Traeger Inc.	91,722	365
^*,1	Canoo Inc.	449,593	337
^*	Turtle Beach Corp.	41,414	335
^*	RealReal Inc.	239,583	323
^*	Lands' End Inc.	41,836	318
^*	Conn's Inc.	35,417	304
^*	Holley Inc.	139,128	303
^*,1	Faraday Future Intelligent Electric Inc.	555,613	296
^*,1	Bed Bath & Beyond Inc.	206,199	291
	Marine Products Corp.	21,999	282
	Lifetime Brands Inc.	34,367	272
^*,1	Cenntro Electric Group Ltd.	487,625	264
^*	Cumulus Media Inc. Class A	47,263	256
^*,1	RumbleON Inc. Class B	27,710	252
^*	ThredUP Inc. Class A	157,628	251
^*	Solo Brands Inc. Class A	60,129	248
^*,1	Focus Universal Inc.	47,195	238
^*	Gambling.com Group Ltd.	24,276	237
^*	Duluth Holdings Inc. Class B	36,352	218
^*	Aterian Inc.	175,324	210
^*,1	F45 Training Holdings Inc.	98,709	204
^*,1	Mullen Automotive Inc.	880,561	204
^*,1	Ondas Holdings Inc.	95,215	179
^*,1	Express Inc.	174,825	178
^*	Landsea Homes Corp.	26,839	175
	NL Industries Inc.	22,264	162
^*	Urban One Inc.	29,608	148
^*	Urban One Inc. (XNCM)	21,181	145
^*	Lulu's Fashion Lounge Holdings Inc.	44,445	136
	JOANN Inc.	30,223	110
^*	Torrid Holdings Inc.	38,693	106
^*,1	Bird Global Inc.	446,618	90
	CompX International Inc.	4,329	81
^*	Audacy Inc. Class A	311,190	67
^*	Inspirato Inc.	54,644	56
^*	aka Brands Holding Corp.	30,770	43
^*,1	Owlet Inc.	42,989	16
			878,754
Consumer Staples (3.2%)
^*	Celsius Holdings Inc.	150,546	13,669
^*	BellRing Brands Inc.	357,378	11,036
	Lancaster Colony Corp.	52,668	10,111
^*	Simply Good Foods Co.	240,789	9,220
^*	Hostess Brands Inc. Class A	361,885	8,938
^*	Sprouts Farmers Market Inc.	287,174	8,698
	Coca-Cola Consolidated Inc.	12,743	7,096
^*	TreeHouse Foods Inc.	137,946	6,730
	Primo Water Corp.	427,364	6,616
	Energizer Holdings Inc.	180,538	6,541
^*	United Natural Foods Inc.	157,651	6,421
	WD-40 Co.	36,987	6,415
	Edgewell Personal Care Co.	139,476	5,956
	Cal-Maine Foods Inc.	102,619	5,829
	J & J Snack Foods Corp.	41,177	5,815
	Nu Skin Enterprises Inc. Class A	133,098	5,303

Russell 2000 Index Fund

		Shares	Market Value• ($000)
	Vector Group Ltd.	389,216	5,165
^*	Herbalife Nutrition Ltd.	265,149	5,131
^*	Hain Celestial Group Inc.	243,450	4,341
	Andersons Inc.	86,735	3,958
	MGP Ingredients Inc.	38,111	3,866
	Ingles Markets Inc. Class A	38,554	3,447
	Weis Markets Inc.	44,523	3,403
	Universal Corp.	65,552	3,316
	Medifast Inc.	29,409	3,298
^*	Beauty Health Co.	257,671	3,249
^*	Chefs' Warehouse Inc.	92,197	3,001
^*	National Beverage Corp.	63,798	2,976
^*,1	Beyond Meat Inc.	166,414	2,969
	Utz Brands Inc.	177,861	2,917
	Fresh Del Monte Produce Inc.	82,476	2,580
	SpartanNash Co.	94,515	2,529
¹	B&G Foods Inc.	192,248	2,436
	John B Sanfilippo & Son Inc.	24,146	2,168
^*	SunOpta Inc.	264,727	2,033
	Tootsie Roll Industries Inc.	42,330	1,864
^*	USANA Health Sciences Inc.	30,599	1,860
^*	Duckhorn Portfolio Inc.	114,321	1,743
	Calavo Growers Inc.	47,091	1,520
	ACCO Brands Corp.	250,065	1,418
^*	Sovos Brands Inc.	104,280	1,363
^*	Vital Farms Inc.	80,643	1,303
^*	Vita Coco Co. Inc.	75,170	1,271
^*	Mission Produce Inc.	108,899	1,254
^*	Benson Hill Inc.	467,343	1,042
¹	PetMed Express Inc.	54,278	1,019
	Turning Point Brands Inc.	40,490	968
^*	Seneca Foods Corp. Class A	13,715	762
^*,1	Veru Inc.	174,937	692
^*,1	GrowGeneration Corp.	155,121	657
^*,1	Rite Aid Corp.	149,446	577
	Village Super Market Inc. Class A	23,198	518
^*	Honest Co. Inc.	178,516	498
^*,1	Brookfield Realty Capital Corp.	72,695	484
	Alico Inc.	16,708	430
^*	Lifecore Biomedical Inc.	73,350	425
^*	Nature's Sunshine Products Inc.	37,098	402
^*	22nd Century Group Inc.	434,556	393
^*,1	HF Foods Group Inc.	96,976	376
^*	Whole Earth Brands Inc.	107,718	370
	Natural Grocers by Vitamin Cottage Inc.	25,275	277
^*,1	PLBY Group Inc.	111,010	236
^*	AppHarvest Inc.	204,936	209
^*,1	Tattooed Chef Inc.	130,374	164
^*	Vintage Wine Estates Inc.	86,119	132
^*,1	Local Bounti Corp.	173,062	119
^*,1	Boxed Inc.	153,225	94
			211,617
Energy (6.8%)
	ChampionX Corp.	542,645	16,589
	Matador Resources Co.	305,106	16,412
	Murphy Oil Corp.	399,459	15,587
	Chord Energy Corp.	112,597	15,158
	Civitas Resources Inc.	199,954	14,031

		Shares	Market Value• ($000)
^*	Weatherford International plc	191,492	12,757
	Helmerich & Payne Inc.	278,724	11,729
	PBF Energy Inc. Class A	265,900	11,622
^*	Denbury Inc.	135,817	11,323
^*	Valaris Ltd.	165,048	11,099
	Magnolia Oil & Gas Corp. Class A	472,983	10,335
	SM Energy Co.	328,348	9,690
^*	Kosmos Energy Ltd.	1,224,059	9,633
^*	Noble Corp. plc	228,492	9,526
^*	Shoals Technologies Group Inc. Class A	374,122	9,181
^*	Peabody Energy Corp.	319,070	8,711
	California Resources Corp.	200,663	8,468
	Patterson-UTI Energy Inc.	581,832	7,971
	Arcosa Inc.	131,158	7,948
^*	Array Technologies Inc.	408,720	7,659
^*	CNX Resources Corp.	483,874	7,427
	Cactus Inc. Class A	159,600	7,334
	Alpha Metallurgical Resources Inc.	41,331	6,933
	Equitrans Midstream Corp.	1,113,655	6,715
	Arch Resources Inc.	40,192	6,324
^*	Golar LNG Ltd.	273,833	6,252
^*	Tidewater Inc.	126,061	6,157
	Permian resources Corp. Class A	563,021	6,086
	Liberty Energy Inc. Class A	376,766	5,746
^*	Oceaneering International Inc.	270,801	5,657
	Northern Oil and Gas Inc.	178,754	5,548
	Warrior Met Coal Inc.	139,394	5,335
^*	Callon Petroleum Co.	133,334	5,168
	CONSOL Energy Inc.	92,989	5,089
^*	Green Plains Inc.	146,061	5,064
^*	Expro Group Holdings NV	210,542	4,786
	Delek US Holdings Inc.	188,212	4,737
	World Fuel Services Corp.	166,176	4,562
¹	Sitio Royalties Corp. Class A	192,491	4,525
^*	NexTier Oilfield Solutions Inc.	476,323	4,349
	Archrock Inc.	366,069	4,052
^*,1	Borr Drilling Ltd.	545,447	3,944
^*	NOW Inc.	299,153	3,844
^*	Ameresco Inc. Class A	86,320	3,794
^*	Nabors Industries Ltd. (XNYS)	24,616	3,700
^*,1	FuelCell Energy Inc.	1,107,256	3,698
^*	Par Pacific Holdings Inc.	132,220	3,673
^*,1	SunPower Corp.	221,534	3,327
^*	Diamond Offshore Drilling Inc.	273,654	3,251
^*	Helix Energy Solutions Group Inc.	387,950	3,212
^*	Talos Energy Inc.	179,587	3,198
^*	Stem Inc.	390,243	3,184
^*	Dril-Quip Inc.	90,576	3,102
	Comstock Resources Inc.	247,736	3,007
	CVR Energy Inc.	80,111	2,542
^*	MRC Global Inc.	225,067	2,521
^*	Vital Energy Inc.	44,838	2,304
	Ranger Oil Corp. Class A	51,959	2,156
	SunCoke Energy Inc.	225,300	2,143

Russell 2000 Index Fund

		Shares	Market Value• ($000)
^*	ProPetro Holding Corp.	237,277	2,090
^*,1	Tellurian Inc.	1,380,155	2,056
^*	Gulfport Energy Corp.	29,800	1,970
	Berry Corp.	206,339	1,946
^*,1	Fluence Energy Inc.	97,737	1,825
	RPC Inc.	202,011	1,772
^*	Bristow Group Inc.	63,669	1,734
^*,1	Montauk Renewables Inc.	174,829	1,724
^*,1	Earthstone Energy Inc. Class A	118,508	1,653
^*	Oil States International Inc.	170,009	1,552
^*	W&T Offshore Inc.	254,869	1,430
	Select Energy Services Inc. Class A	192,505	1,428
^*	REX American Resources Corp.	43,186	1,426
^*	DMC Global Inc.	51,206	1,371
	VAALCO Energy Inc.	286,988	1,346
¹	Kinetik Holdings Inc. Class A	44,592	1,327
^*	Centrus Energy Corp. Class A	28,760	1,289
^*	SandRidge Energy Inc.	86,411	1,261
¹	Crescent Energy Inc. Class A	105,701	1,220
^*,1	ProFrac Holding Corp. Class A	63,127	1,208
^*	TETRA Technologies Inc.	338,749	1,206
^*,1	Solid Power Inc.	356,726	1,206
^*	TPI Composites Inc.	99,621	1,152
^*,1	EVgo Inc.	185,027	1,097
^*	Newpark Resources Inc.	234,673	1,040
^*	Gevo Inc.	530,394	981
¹	Riley Exploration Permian Inc.	28,653	877
^*	Amplify Energy Corp.	97,290	815
^*	SilverBow Resources Inc.	31,759	782
	Solaris Oilfield Infrastructure Inc. Class A	86,947	776
^*	Energy Vault Holdings Inc.	224,278	749
^*	NextDecade Corp.	99,106	700
^*	National Energy Services Reunited Corp.	103,248	667
	Ramaco Resources Inc.	60,613	603
^*,1	Ring Energy Inc.	256,584	539
¹	HighPeak Energy Inc.	18,631	498
	NACCO Industries Inc. Class A	10,885	407
^*,1	ESS Tech Inc.	216,952	395
^*,1	FTC Solar Inc.	114,689	352
^*	Empire Petroleum Corp.	26,999	351
^*,1	Aemetis Inc.	79,613	284
^*	Volta Inc.	325,264	279
^*	NEXTracker Inc. Class A	6,102	186
^*	Heliogen Inc.	241,881	75
^*	Battalion Oil Corp.	6,531	59
			447,579
Financials (16.6%)
	Kinsale Capital Group Inc.	58,662	18,696
	Selective Insurance Group Inc.	161,651	16,412
	SouthState Corp.	203,169	16,392
	RLI Corp.	105,676	14,574
	United Bankshares Inc.	353,558	14,415
	Glacier Bancorp Inc.	301,443	14,282

		Shares	Market Value• ($000)
	Old National Bancorp	794,352	14,036
	Valley National Bancorp	1,168,287	13,529
	Cadence Bank	491,631	13,058
	Houlihan Lokey Inc. Class A	135,510	12,968
	First Financial Bankshares Inc.	352,453	12,928
	Home BancShares Inc.	509,173	12,271
	Essent Group Ltd.	285,515	12,263
	Hancock Whitney Corp.	233,540	11,471
	UMB Financial Corp.	119,339	10,819
	ServisFirst Bancshares Inc.	136,039	10,060
	Independent Bank Corp. (XNGS)	124,134	9,891
	Blackstone Mortgage Trust Inc. Class A	461,695	9,774
	United Community Banks Inc.	288,340	9,547
	Associated Banc-Corp.	404,521	9,365
	Jackson Financial Inc. Class A	202,688	9,198
	Radian Group Inc.	426,922	9,115
	Federated Hermes Inc.	231,153	9,096
	FirstCash Holdings Inc.	102,060	9,007
^*	Texas Capital Bancshares Inc.	135,554	8,978
	Community Bank System Inc.	144,820	8,841
^*	Mr Cooper Group Inc.	187,905	8,724
	CVB Financial Corp.	361,041	8,640
	First Interstate BancSystem Inc. Class A	242,282	8,611
	Ameris Bancorp	179,251	8,581
	Cathay General Bancorp	195,189	8,378
^*	Genworth Financial Inc. Class A	1,340,836	8,353
	WSFS Financial Corp.	166,244	8,297
	Pacific Premier Bancorp Inc.	253,829	8,229
^*	Focus Financial Partners Inc. Class A	157,265	8,156
	American Equity Investment Life Holding Co.	191,823	7,989
	CNO Financial Group Inc.	307,572	7,880
	Atlantic Union Bankshares Corp.	203,066	7,607
	Hamilton Lane Inc. Class A	97,502	7,586
	Fulton Financial Corp.	439,530	7,560
	BankUnited Inc.	211,194	7,480
^*	Enstar Group Ltd.	30,439	7,443
	Moelis & Co. Class A	172,887	7,405
^*	Axos Financial Inc.	155,136	7,352
	Simmons First National Corp. Class A	329,257	7,319
	Walker & Dunlop Inc.	83,120	7,251
	First BanCorp (XNYS)	493,936	7,167
	Piper Sandler Cos.	47,132	7,116
	International Bancshares Corp.	145,313	7,052
	Arbor Realty Trust Inc.	447,629	6,750
	Eastern Bankshares Inc.	423,130	6,635
	First Merchants Corp.	155,257	6,353
^*,1	Trupanion Inc.	105,581	6,269
	First Financial Bancorp	252,770	6,228

	Shares	Market Value• ($000)
Washington Federal Inc.	175,779	6,165
Seacoast Banking Corp. of Florida	195,294	5,958
Banner Corp.	92,758	5,842
Independent Bank Group Inc.	96,920	5,705
WesBanco Inc.	155,475	5,620
Towne Bank	182,355	5,531
Heartland Financial USA Inc.	111,265	5,501
Artisan Partners Asset Management Inc. Class A	162,679