| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,400 | 1,700 | 1,700 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 1-800-FLOWERS.COM INC | 2,767 | 2,617 |
| ABB LTD | 19,943 | 34,544 |
| ABM INDUSTRIES INC | 4,604 | 4,126 |
| ACCENTURE PLC | 17,593 | 39,382 |
| ADIDAS AG | 21,659 | 18,140 |
| AIR LIQUIDE SA | 29,001 | 32,500 |
| AIR PRODUCTS & CHEMICALS INC | 52,802 | 73,022 |
| AKZO NOBEL NV | 32,330 | 28,679 |
| ALIBABA GROUP HOLDING LTD | 31,086 | 16,987 |
| ALLEGIANT TRAVEL CO | 4,035 | 5,611 |
| ALLEGION PLC | 13,552 | 19,071 |
| ALLSTATE CORP | 32,379 | 35,648 |
| ALPHABET INC | 52,076 | 118,779 |
| ALTRA INDUSTRIAL MOTION CORP | 11,057 | 15,884 |
| AMAZON.COM INC | 38,644 | 73,355 |
| ANGLO AMERICAN PLC | 17,136 | 15,646 |
| ANSYS INC | 8,851 | 16,045 |
| AON PLC | 22,370 | 35,166 |
| APPLE INC | 68,402 | 188,402 |
| ARTISAN PARTNERS ASSET | 5,848 | 8,766 |
| ASPEN TECHNOLOGY INC | 13,417 | 17,655 |
| AUTOHOME INC | 23,919 | 9,198 |
| AXOS FINANCIAL INC | 9,145 | 16,885 |
| BANDAI NAMCO HOLDINGS INC | 21,757 | 20,541 |
| BANK BRADESCO SA | 22,312 | 16,112 |
| BANK OZK | 9,800 | 16,472 |
| BARCLAYS PLC | 16,870 | 16,922 |
| BARNES GROUP INC | 9,454 | 9,085 |
| BENTLEY SYSTEMS INC | 10,074 | 14,354 |
| BEST BUY CO INC | 42,408 | 48,260 |
| BOISE CASCADE CO | 4,360 | 5,269 |
| BP PLC | 43,667 | 45,937 |
| BRIGHT HORIZONS FAMILY SOLUTIONS | 15,949 | 14,224 |
| BROADCOM INC | 48,322 | 110,458 |
| CACTUS INC | 5,691 | 8,732 |
| CARLSBERG A/S | 24,664 | 28,116 |
| CDW CORP | 17,119 | 28,260 |
| CHARLES RIVER LABORATORIES | 11,774 | 35,041 |
| CHEMED CORP | 12,916 | 15,342 |
| CHINA LONGYUAN POWER GROUP CORP LTD | 16,928 | 25,702 |
| CHUBB LTD | 63,151 | 78,484 |
| CIMPRESS PLC | 8,389 | 6,302 |
| CIRRUS LOGIC INC | 9,722 | 11,410 |
| CISCO SYSTEMS INC | 54,670 | 73,826 |
| CLARIVATE PLC | 19,101 | 18,769 |
| CME GROUP INC | 66,903 | 76,991 |
| COMCAST CORP | 60,247 | 66,788 |
| COMPAGNIE FINANCIERE RICHEMONT SA | 13,950 | 16,654 |
| COMPANHIA DE SANEAMENTO BASICO DO ESTADA DE SAO PAULO | 11,929 | 7,846 |
| COMPASS GROUP PLC | 21,116 | 22,832 |
| CONSTRUCTION PARTNERS INC | 7,367 | 11,235 |
| CONTINENTAL AG | 19,822 | 18,605 |
| COPART INC | 13,153 | 23,804 |
| DAIKIN INDUSTRIES LTD | 16,561 | 16,630 |
| DARDEN RESTAURANTS INC | 51,650 | 51,670 |
| DBS GROUP HOLDINGS LTD | 14,865 | 19,574 |
| DEVON ENERGY CORP | 39,440 | 58,939 |
| DONNELLEY FINANCIAL SOLUTIONS INC | 5,100 | 7,165 |
| DUCK CREEK TECHNOLOGIES INC | 15,213 | 8,220 |
| EATON CORP PLC | 46,968 | 94,533 |
| EBIX INC | 5,464 | 5,168 |
| EDGEWELL PERSONAL CARE CO | 3,815 | 5,120 |
| EDWARDS LIFESCIENCES CORP | 60,243 | 88,353 |
| ELANCO ANIMAL HEALTH INC | 13,027 | 13,367 |
| ENEL SPA | 25,588 | 23,903 |
| ENGIE SA | 36,636 | 36,230 |
| ENN ENERGY HOLDINGS LTD | 16,155 | 26,286 |
| ENSIGN GROUP INC | 9,218 | 15,197 |
| EQUIFAX INC | 12,747 | 26,351 |
| EQUINOR ASA | 11,829 | 16,298 |
| EURONET WORLDWIDE INC | 10,213 | 10,129 |
| EXPONENT INC | 9,025 | 13,657 |
| FABRINET | 8,597 | 18,007 |
| FAIR ISAAC CORP | 6,881 | 9,974 |
| FB FINANCIAL CORP | 9,916 | 11,612 |
| FERGUSON PLC | 12,629 | 26,977 |
| FOCUS FINANCIAL PARTNERS INC | 8,616 | 8,480 |
| FUJITSU LTD | 16,196 | 17,545 |
| GRAND CANYON EDUCATION INC | 10,993 | 9,000 |
| GRUPO FINANCIERO BANORTE SAB DE CV | 19,821 | 24,337 |
| HALLIBURTON CO | 12,510 | 14,134 |
| HAMILTON LANE INC | 4,406 | 6,943 |
| HEALTHEQUITY INC | 9,286 | 5,751 |
| HEICO CORP | 4,616 | 6,555 |
| HELIOS TECHNOLOGIES INC | 4,869 | 13,041 |
| HITACHI LTD | 11,847 | 17,962 |
| ICICI BANK LTD | 18,129 | 30,971 |
| ICON PLC | 4,035 | 8,052 |
| IHS MARKIT LTD | 35,625 | 59,947 |
| INDUSTRIA DE DISENO TEXTIL SA | 19,138 | 19,142 |
| INFINEON TECHNOLOGIES AG | 12,494 | 13,118 |
| INNOSPEC INC | 11,085 | 11,202 |
| INTERACTIVE BROKERS GROUP INC | 13,014 | 19,458 |
| INTERCONTINENTAL EXCHANGE INC | 53,759 | 73,309 |
| INTRA-CELLULAR THERAPIES INC | 4,292 | 9,421 |
| IQVIA HOLDINGS INC | 43,390 | 82,667 |
| JACK HENRY & ASSOCIATES INC | 10,116 | 12,190 |
| JANUS INTERNATIONAL GROUP INC | 8,470 | 8,514 |
| JOHNSON & JOHNSON | 55,911 | 56,111 |
| JPMORGAN CHASE & CO | 117,690 | 149,799 |
| KADANT INC | 8,783 | 21,665 |
| KB FINANCIAL GROUP INC | 17,384 | 16,294 |
| KEYSIGHT TECHNOLOGIES INC | 53,697 | 94,375 |
| KONINKLIJKE DSM NV | 15,967 | 30,173 |
| LEGRAND SA | 21,795 | 23,264 |
| LENNOX INTERNATIONAL INC | 14,080 | 18,813 |
| LGI HOMES INC | 7,718 | 12,358 |
| LOJAS RENNER SA | 17,653 | 11,277 |
| LPL FINANCIAL HOLDINGS INC | 18,700 | 20,972 |
| MAGNOLIA OIL & GAS CORP MANAGEMENT INC | 3,803 | 10,077 |
| MAKITA CORP | 19,125 | 25,230 |
| MARATHON PETROLEUM CORP | 43,132 | 42,105 |
| MEDTRONIC PLC | 75,384 | 74,381 |
| MERCK & CO INC | 50,579 | 49,586 |
| MERCK KGAA | 16,114 | 28,086 |
| MICROSOFT CORP | 113,575 | 270,401 |
| MOELIS & CO | 6,948 | 10,814 |
| MONRO INC | 10,704 | 10,663 |
| MOTOROLA SOLUTIONS INC | 77,080 | 129,601 |
| MR PRICE GROUP LTD | 9,451 | 12,200 |
| MSCI INC | 10,642 | 29,409 |
| NATIONAL CINEMEDIA INC | 7,127 | 3,692 |
| NIELSEN HOLDINGS PLC | 4,713 | 4,615 |
| NORDSON CORP | 15,622 | 25,782 |
| NOVA LTD | 3,479 | 12,306 |
| NOVARTIS AG | 34,336 | 34,901 |
| NU SKIN ENTERPRISES INC | 4,974 | 5,075 |
| NXP SEMICONDUCTORS NV | 34,529 | 74,484 |
| OLLIE'S BARGAIN OUTLET HOLDINGS | 15,018 | 10,084 |
| OPEN LENDING CORP | 6,619 | 6,182 |
| PAR TECHNOLOGY CORP | 3,759 | 4,644 |
| PERNOD RICARD SA | 17,198 | 23,186 |
| PING AN INSURANCE (GROUP) CO. OF CHINA LTD | 30,732 | 19,417 |
| PIONEER NATURAL RESOURCES CO | 48,218 | 66,932 |
| POOL CORP | 12,660 | 35,092 |
| PRUDENTIAL PLC | 14,330 | 11,878 |
| PT BANK MANDIRI (PERSERO) TBK | 16,483 | 18,592 |
| PT TELKOM INDONESIA (PERSERO) TBK | 13,370 | 12,727 |
| RELX PLC | 35,588 | 49,045 |
| RESOLUTE FOREST PRODUCTS INC | 6,744 | 6,902 |
| ROLLINS INC | 8,414 | 11,324 |
| ROPER TECHNOLOGIES INC | 65,436 | 69,352 |
| RUSH ENTERPRISES INC | 5,327 | 5,731 |
| RYANAIR HOLDINGS PLC | 12,368 | 17,089 |
| SAFRAN SA | 32,014 | 26,323 |
| SALESFORCE.COM INC | 48,915 | 82,084 |
| SAMPO OYJ | 18,561 | 23,475 |
| SANDVIK AB | 18,350 | 24,245 |
| SANMINA CORP | 4,254 | 6,717 |
| SANOFI SA | 36,045 | 38,327 |
| SERVISFIRST BANCSHARES INC | 7,860 | 10,448 |
| SHIMANO INC | 16,727 | 26,465 |
| SITEONE LANDSCAPE SUPPLY INC | 11,333 | 35,131 |
| SKYLINE CHAMPION CORP | 5,519 | 15,480 |
| STANDARD MOTOR PRODUCTS INC | 4,903 | 5,501 |
| SUNCOR ENERGY INC | 22,606 | 22,672 |
| SUZUKI MOTOR CORP | 17,968 | 16,000 |
| SYNCHRONY FINANCIAL | 30,201 | 40,035 |
| TAIWAN SEMICONDUCTOR MANUFACTURING CO LTD | 29,035 | 68,697 |
| TELEDYNE TECHNOLOGIES INC | 7,989 | 8,301 |
| TELENOR ASA | 23,601 | 19,411 |
| TENCENT HOLDINGS LTD | 24,622 | 35,683 |
| TERADYNE INC | 12,571 | 32,542 |
| TERMINIX GLOBAL HOLDINGS INC | 6,008 | 6,106 |
| TESCO PLC | 33,391 | 34,362 |
| THE COOPER COMPANIES INC | 17,409 | 24,299 |
| THE ESTEE LAUDER COMPANIES INC | 34,822 | 68,117 |
| THE HOME DEPOT INC | 80,871 | 142,348 |
| THE LOVESAC CO | 5,393 | 8,084 |
| THE SCOTTS MIRACLE GRO CO | 17,401 | 29,785 |
| THOR INDUSTRIES INC | 12,795 | 20,962 |
| THRYV HOLDINGS INC | 8,892 | 11,516 |
| TJX COMPANIES INC | 38,865 | 55,346 |
| TRANE TECHNOLOGIES PLC | 42,968 | 89,499 |
| TREX CO INC | 2,462 | 7,022 |
| UNILEVER PLC | 29,852 | 27,487 |
| UNION PACIFIC CORP | 65,951 | 96,489 |
| UNITEDHEALTH GROUP INC | 42,726 | 86,870 |
| UNIVERSAL MUSIC GROUP NV | 8,828 | 7,834 |
| UPLAND SOFTWARE INC | 2,928 | 1,112 |
| VALVOLINE INC | 6,853 | 13,499 |
| VEECO INSTRUMENTS INC | 6,519 | 7,943 |
| VERIZON COMMUNICATIONS INC | 58,645 | 50,869 |
| VESTAS WIND SYSTEMS A/S | 12,344 | 21,018 |
| VISA INC | 55,804 | 67,614 |
| VISHAY INTERTECHNOLOGY INC | 5,796 | 5,817 |
| VOLKSWAGEN AG | 19,978 | 20,849 |
| WALMART INC | 60,358 | 72,634 |
| WEBSTER FINANCIAL CORP | 9,831 | 14,909 |
| WINNEBAGO INDUSTRIES INC | 4,096 | 4,270 |
| WOLTERS KLUWER NV | 14,608 | 23,916 |
| WR BERKLEY CORP | 19,221 | 22,987 |
| YETI HOLDINGS INC | 4,113 | 8,697 |
| ZEBRA TECHNOLOGIES CORP | 12,845 | 39,283 |
| FEDERATED HERMES CORP BOND STRATEGY | 172,815 | 179,892 |
| FEDERATED HERMES HIGH YIELD STRATEGY | 149,544 | 152,529 |
| FEDERATED HERMES INTL BOND STRATEGY | 81,133 | 75,930 |
| FEDERATED HERMES MORTGAGE STRATEGY | 203,380 | 200,574 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| AMGEN INC SR GLBL NT 30 | AT COST | 9,997 | 10,188 |
| ARBOR REALTY TRUST INC | AT COST | 4,038 | 6,888 |
| ASTRAZENECA FINANCE LLC GLBL NT 1.75%28 | AT COST | 3,988 | 3,980 |
| ASTRAZENECA PLC SR GLBL NT 1.375% 30 | AT COST | 18,885 | 17,957 |
| AT&T INC GLBL NT 1.7%26 | AT COST | 19,967 | 19,907 |
| AT&T INC GLBL NT 2.25%32 | AT COST | 6,987 | 6,773 |
| BK OF AMERICA CORP FR 1.197%102426 | AT COST | 20,007 | 19,610 |
| BK OF AMERICA CORP FR 1.658%031127 | AT COST | 20,000 | 19,870 |
| BLACKROCK INC GLBL NT 1.9%31 | AT COST | 14,194 | 13,812 |
| BP CAP MKTS AMER INC SR GLBL NT 3.588%27 | AT COST | 12,627 | 12,967 |
| BP CAP MKTS P L C SR GLBL NT 3.279%27 | AT COST | 22,744 | 23,650 |
| CANADIAN PAC RY NEW GLBL NT 2.45%31 | AT COST | 6,013 | 6,115 |
| CITIGROUP INC SR GLBL COCO 1.462% 27 | AT COST | 27,000 | 26,537 |
| CITIGROUP INC SR GLBL NT 2.520%32 | AT COST | 10,977 | 11,000 |
| COMCAST CORP NEW GLBL NT 1.5%31 | AT COST | 7,973 | 7,560 |
| EQUINIX INC | AT COST | 46,021 | 68,513 |
| EQUINOR ASA SR GLBL NT 3.125% 30 | AT COST | 6,945 | 7,528 |
| EQUINOR ASA SR GLBL NT 2.375% 30 | AT COST | 19,124 | 19,322 |
| EXXON MOBIL CORP SR GLBL NT 2.440% 29 | AT COST | 7,012 | 7,186 |
| EXXON MOBIL CORP SR GLBL NT 4.327% 50 | AT COST | 26,252 | 32,038 |
| GOLDMAN SACHS GROUP SR GLBL NT 1.341% 27 | AT COST | 19,000 | 18,623 |
| GOLDMAN SACHS GROUP SR GLBL NT27 | AT COST | 20,000 | 19,924 |
| GOLDMAN SACHS GROUP SR GLBL NT32 | AT COST | 6,000 | 5,915 |
| HUDSON BAY FUND (INTL) LTD-URRRJ1 | AT COST | 435,000 | 613,675 |
| JPMORGAN CHASE & CO GLBL NT 1.578%27 | AT COST | 13,005 | 12,854 |
| JPMORGAN CHASE & CO GLBL NT 2.545%32 | AT COST | 13,000 | 13,106 |
| JPMORGAN CHASE & CO SR GLBL NT 27 | AT COST | 13,000 | 12,751 |
| METLIFE INC SR GLBL NT 30 | AT COST | 17,927 | 21,293 |
| MICROSOFT CORP SR GLBL NT3.3%27 | AT COST | 11,629 | 11,995 |
| MORGAN STANLEY FR 0.79%053025 | AT COST | 19,000 | 18,755 |
| MORGAN STANLEY FR 1.593%050427 | AT COST | 13,000 | 12,868 |
| NATIONAL STORAGE AFFILIATES TRUST | AT COST | 6,688 | 13,494 |
| ORACLE CORP SR GLBL NT 26 | AT COST | 14,003 | 13,897 |
| ORACLE CORP SR GLBL NT 30 | AT COST | 6,993 | 7,086 |
| SHELL INTERNATIONAL FIN BV GLBL NT 2.75%30 | AT COST | 27,779 | 27,184 |
| UNITED STATES TREAS BDS 2.375%05/15/51 | AT COST | 46,090 | 46,594 |
| UNITED STATES TREAS NTS 0.125%05/31/22 | AT COST | 8,002 | 7,999 |
| UNITED STATES TREAS NTS 1.25%11/30/26 | AT COST | 36,980 | 37,000 |
| UNITED STATES TREAS NTS 1.375%11/15/31 | AT COST | 14,839 | 14,829 |
| UNITED STATES TREAS NTS0.125%06/30/22 | AT COST | 157,026 | 156,939 |
| WELLS FARGO & CO FR 2.393%060228 | AT COST | 16,000 | 16,272 |
| UNSETTLED TRADES | AT COST | 32,942 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 550 | 275 | 275 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DIVIDENDS REPORTED IN CURRENT YEAR, NOT YET RECEIVED | 1,647 | 1,527 | 1,527 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MISCELLANEOUS | 449 | 225 | 224 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 59,773 | 59,773 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 9,706 | 9,706 | 0 | |
| TAXES AND LICENSES | 25 | 13 | 12 |