Ticker	Issuer	Shares	Value	%	Est. Cost	Unrealized	Class	CUSIP
GGG	Graco Inc.	38,107	$2.338M	1.9%	$32.50	+60.7%	COM	384109104
MTD	Mettler-Toledo International,	2,352	$2.271M	1.9%	$300.84	+208.4%	COM	592688105
SHW	Sherwin-Williams Co.	3,249	$2.264M	1.9%	$62.26	+234.5%	COM	824348106
NSC	Norfolk & Southern Corp.	9,940	$2.127M	1.7%	$65.36	+175.3%	COM	655844108
MCD	McDonald's Corp.	9,220	$2.024M	1.7%	$82.25	+120.5%	COM	580135101
—	Linde PLC	8,343	$1.987M	1.6%	$156.02	—	COM	G5494J103
ITT	ITT Corp.	32,371	$1.912M	1.6%	$39.09	+55.1%	COM	45073V108
GWW	W.W. Grainger, Inc.	5,232	$1.867M	1.5%	$194.62	+66.6%	COM	384802104
CL	Colgate-Palmolive Co.	23,638	$1.824M	1.5%	$51.69	+30.3%	COM	194162103
FISV	Fiserv Inc.	17,588	$1.812M	1.5%	$54.01	+84.4%	COM	337738108
—	Gaztransport et Technigaz SAS	18,188	$1.739M	1.4%	$50.41	—	COM	ACI07W296
—	Schneider Electric SA	13,835	$1.72M	1.4%	$72.71	—	COM	483410007
PAYX	Paychex, Inc.	21,420	$1.709M	1.4%	$34.95	+84.7%	COM	704326107
PAC	Grupo Aeroportuario Del Pacifi	20,916	$1.687M	1.4%	$76.99	—	ADR	400506101
HRL	Hormel Foods Corp.	33,060	$1.616M	1.3%	$26.31	+63.7%	COM	440452100
OMC	Omnicom Group	32,439	$1.606M	1.3%	$51.93	-15.2%	COM	681919106
ADP	Automatic Data Processing, Inc	11,421	$1.593M	1.3%	$58.40	+114.0%	COM	053015103
NGG	National Grid PLC ADS	27,170	$1.57M	1.3%	$59.24	—	ADR	636274409
GVDNY	Givaudan SA ADR	18,109	$1.563M	1.3%	$36.81	—	ADR	37636P108
GOOG	Alphabet Inc. Class C	1,062	$1.561M	1.3%	$67.68	+11.9%	COM	02079K107
EDPFY	Energias de Portugal, SA ADR	29,926	$1.497M	1.2%	$33.87	—	ADR	268353109
VZ	Verizon Communications Inc.	24,993	$1.487M	1.2%	$32.30	+31.8%	COM	92343V104
SNA	Snap-on Inc.	10,095	$1.485M	1.2%	$132.47	-4.7%	COM	833034101
—	Straumann Holdings AG	1,444	$1.459M	1.2%	$435.76	—	COM	715683900
NDSN	Nordson Corp.	7,565	$1.451M	1.2%	$83.80	+116.6%	COM	655663102
—	Labrador Iron Ore Royalty Corp	73,525	$1.418M	1.2%	$14.69	—	COM	505440966
TD	Toronto Dominion Bank	30,446	$1.408M	1.2%	$45.22	+3.0%	COM	891160509
CMI	Cummins Inc.	6,647	$1.404M	1.2%	$111.67	+56.6%	COM	231021106
HON	Honeywell International Inc.	8,446	$1.39M	1.1%	$79.73	+67.1%	COM	438516106
T	AT&T Inc.	48,461	$1.382M	1.1%	$16.44	-5.4%	COM	00206R102
MKC	McCormick & Company, Inc.	6,936	$1.346M	1.1%	$34.29	+155.7%	COM	579780206
BRT	BRT Apartments Corp.	112,445	$1.325M	1.1%	$12.55	—	COM	055645303
META	Facebook Inc.	5,009	$1.312M	1.1%	$197.11	+29.9%	COM	30303M102
SWKS	Skyworks Solutions Inc.	9,007	$1.311M	1.1%	$67.72	+79.5%	COM	83088M102
APD	Air Products & Chemicals Inc.	4,264	$1.27M	1.0%	$84.35	+198.4%	COM	009158106
EPD	Enterprise Products Partners L	80,026	$1.264M	1.0%	$35.61	—	UNIT LTD PARTN	293792107
HUBB	Hubbell Inc.	9,108	$1.246M	1.0%	$84.41	+48.6%	COM	443510607
—	TC Pipelines LP	48,239	$1.234M	1.0%	$43.79	—	UNIT LTD PARTN	87233Q108
HEINY	Heineken NV ADR	27,111	$1.207M	1.0%	$37.88	—	ADR	423012301
NVS	Novartis AG ADR	13,579	$1.181M	1.0%	$79.53	—	ADR	66987V109
BDX	Becton, Dickinson and Co.	5,070	$1.18M	1.0%	$210.25	+7.2%	COM	075887109
ATR	AptarGroup, Inc.	10,407	$1.178M	1.0%	$57.17	+90.8%	COM	038336103
CHD	Church & Dwight Company, Inc.	12,167	$1.14M	0.9%	$41.80	+103.9%	COM	171340102
CMCSA	Comcast Corp.	24,604	$1.138M	0.9%	$26.58	+41.6%	COM	20030N101
KMB	Kimberly-Clark Corp.	7,596	$1.122M	0.9%	$80.49	+53.4%	COM	494368103
CPK	Chesapeake Utilities Corp.	13,190	$1.112M	0.9%	$47.69	+56.0%	COM	165303108
LKQ	LKQ Corp.	39,905	$1.107M	0.9%	$29.75	-11.0%	COM	501889208
—	Dollarama Inc.	28,035	$1.075M	0.9%	$24.84	—	COM	25675T958
LECO	Lincoln Electric Holdings, Inc	11,477	$1.056M	0.9%	$75.03	+22.9%	COM	533900106
AVY	Avery Dennison Corp.	8,202	$1.049M	0.9%	$49.86	+116.1%	COM	053611109
PH	Parker Hannifin Corp.	5,061	$1.024M	0.8%	$89.83	+103.5%	COM	701094104
PAGS	PagSeguro Digital LTD	27,070	$1.021M	0.8%	$28.20	+37.8%	COM	G68707101
—	Commonwealth Bank of Australia	22,282	$1.015M	0.8%	$60.28	—	COM	621503002
GOOD	Gladstone Commercial Corp.	59,682	$1.006M	0.8%	$17.79	—	COM	376536108
XYL	Xylem, Inc.	11,595	$975K	0.8%	$31.78	+130.0%	COM	98419M100
ATO	Atmos Energy Corp.	10,085	$964K	0.8%	$72.29	+20.6%	COM	049560105
AAPL	Apple Inc.	8,184	$948K	0.8%	$89.60	+18.3%	COM	037833100
INTC	Intel Corp.	18,020	$933K	0.8%	$44.23	+5.2%	COM	458140100
LTC	LTC Properties Inc.	26,205	$914K	0.7%	$44.87	—	COM	502175102
CBRL	Cracker Barrel Old Country Sto	7,687	$881K	0.7%	$114.40	-16.4%	COM	22410J106
CLMB	Wayside Technology Group, Inc.	37,552	$866K	0.7%	$13.97	+55.7%	COM	946760105
NTAP	NetApp Inc.	19,280	$845K	0.7%	$37.08	+2.6%	COM	64110D104
ITW	Illinois Tool Works Inc.	4,271	$825K	0.7%	$82.24	+103.4%	COM	452308109
GTBIF	Green Thumb Industries Inc.	62,993	$816K	0.7%	$9.33	+41.9%	COM	39342L108
—	Genworth MI Canada Inc.	31,407	$814K	0.7%	$25.38	—	COM	37252B953
GAIN	Gladstone Investment Corp.	88,925	$809K	0.7%	$5.19	0.0%	COM	376546107
—	SThree PLC	260,038	$805K	0.7%	$5.00	—	COM	BOKM9T907
EMR	Emerson Electric Co.	11,985	$786K	0.6%	$42.84	+37.2%	COM	291011104
FAST	Fastenal Co.	17,065	$769K	0.6%	$11.31	+77.4%	COM	311900104
KMI	Kinder Morgan, Inc.	61,213	$755K	0.6%	$14.07	-28.0%	COM	49456B101
OGS	ONE Gas, Inc.	10,695	$738K	0.6%	$53.33	+38.2%	COM	68235P108
—	Monmouth Real Estate Investmen	52,070	$721K	0.6%	$11.84	—	COM	609720107
CVS	CVS Health Corporation	11,953	$698K	0.6%	$44.95	+16.5%	COM	126650100
INGR	Ingredion Inc.	9,215	$697K	0.6%	$100.83	-19.5%	COM	457187102
—	Precinct Properties New Zealan	604,339	$676K	0.6%	$0.86	—	COM	609327903
AHRT	Armada Hoffler Properties, Inc	72,855	$675K	0.6%	$12.56	—	COM	04208T108
NBIS	Yandex NV	9,965	$650K	0.5%	$25.23	—	COM	N97284108
DAN	Dana Inc.	52,785	$650K	0.5%	$14.23	-19.6%	COM	235825205
TCNNF	Trulieve Cannabis Corp.	34,825	$644K	0.5%	$11.12	+65.1%	COM	89788C104
TNC	Tennant Co.	10,631	$642K	0.5%	$52.87	+16.2%	COM	880345103
ENB	Enbridge Inc.	21,957	$641K	0.5%	$20.25	+8.7%	COM	29250N105
AGYS	Agilysys, Inc.	26,000	$628K	0.5%	$16.19	+37.6%	COM	00847J105
—	CDK Global Holdings LLC	14,200	$619K	0.5%	$45.23	—	COM	12508E101
USPH	US Physical Therapy Inc.	7,031	$611K	0.5%	$44.39	+93.8%	COM	90337L108
ECL	Ecolab, Inc.	3,011	$602K	0.5%	$100.00	+88.4%	COM	278865100
OKE	ONEOK Inc.	23,180	$602K	0.5%	$30.99	-35.6%	COM	682680103
PB	Prosperity Bancshares Inc.	11,480	$595K	0.5%	$37.40	+22.8%	COM	743606105
—	Sparebank 1 SR-Bank	71,440	$592K	0.5%	$5.75	—	COM	B40JTQ902
FBK	FB Financial Corp.	23,585	$592K	0.5%	$18.95	+25.8%	COM	30257X104
—	Novolipetsk GDR	25,985	$575K	0.5%	$20.36	—	ADR	B0RTNX900
SKT	Tanger Factory Outlet Centers,	93,165	$562K	0.5%	$5.00	—	COM	875465106
—	BP Midstream Partners LP	55,520	$550K	0.5%	$14.33	—	UNIT LTD PARTN	0556EL109
—	Martinrea International Inc.	76,390	$547K	0.4%	$8.45	—	COM	573459963
CMBT	Euronav NV	61,726	$545K	0.4%	$4.35	+20.7%	COM	B38564108
—	BG Staffing, Inc.	63,690	$539K	0.4%	$16.65	—	COM	05544A109
—	Total SA ADR	15,011	$515K	0.4%	$50.49	—	ADR	89151E109
ET	Energy Transfer LP	94,201	$511K	0.4%	$11.97	—	UNIT LTD PARTN	29273V100
SFL	SFL Corp.	67,088	$502K	0.4%	$14.33	-38.9%	COM	G7738W106
—	Sabre Insurance Group PLC	148,700	$489K	0.4%	$3.60	—	COM	BYWVDP903
—	Banco del Bajio	652,765	$484K	0.4%	$1.78	—	COM	ACI0VM9Y9
—	Annaly Capital Management	66,565	$474K	0.4%	$9.92	—	COM	035710409
CMWAY	Commonwealth Bank of Australia	9,704	$445K	0.4%	$52.54	—	COM	202712600
DMLP	Dorchester Minerals LP	43,015	$444K	0.4%	$14.59	—	UNIT LTD PARTN	25820R105
CSCO	Cisco Systems Inc.	11,041	$435K	0.4%	$36.03	+2.9%	COM	17275R102
CRLBF	Cresco Labs	70,715	$424K	0.3%	$7.61	-23.2%	COM	22587M106
—	Equiniti Group PLC	284,735	$419K	0.3%	$2.70	—	COM	BYWWHR903
SPH	Suburban Propane Partners LP	25,115	$409K	0.3%	$17.37	—	UNIT LTD PARTN	864482104
—	BHP Billiton PLC ADR	9,542	$407K	0.3%	$41.19	—	ADR	05545E209
USAC	USA Compression Partners LP	40,248	$403K	0.3%	$18.22	—	UNIT LTD PARTN	90290N109
IFF	International Flavors & Fragra	3,282	$402K	0.3%	$95.77	+12.2%	COM	459506101
—	ViacomCBS Inc Class B	14,320	$401K	0.3%	$23.78	—	COM	92556H206
PFE	Pfizer Inc.	10,431	$383K	0.3%	$26.72	+1.5%	COM	717081103
—	Oasis Midstream Partners LP	61,740	$383K	0.3%	$15.60	—	UNIT LTD PARTN	67420T206
LYB	LyondellBasell Industries NV	5,380	$379K	0.3%	$53.69	-10.4%	COM	N53745100
—	Crombie REIT	37,958	$375K	0.3%	$10.54	—	COM	227107976
—	Infraestructura Energ	113,870	$343K	0.3%	$4.41	—	COM	B84XBP909
ALOT	AstroNova, Inc.	39,430	$316K	0.3%	$14.47	-49.7%	COM	04638F108
—	Teekay LNG Partners LP	28,327	$297K	0.2%	$9.78	—	UNIT LTD PARTN	Y8564M105
—	Walgreens Boots Alliance Inc.	8,145	$293K	0.2%	$52.94	—	COM	931427108
BAC	Bank of America Corp.	11,345	$273K	0.2%	$20.66	+5.6%	COM	060505104
JPM	JPMorgan Chase & Co.	2,775	$267K	0.2%	$85.44	0.0%	COM	46625H100
HAS	Hasbro Inc.	3,053	$253K	0.2%	$60.35	+3.9%	COM	418056107
DIS	Walt Disney Co.	2,035	$253K	0.2%	$107.86	+13.2%	COM	254687106
—	H&R REIT	34,206	$251K	0.2%	$12.97	—	COM	403925977
SHO	Sunstone Hotel Investors, Inc.	30,494	$242K	0.2%	$14.64	—	COM	867892101
KHC	Kraft Heinz Co.	7,165	$215K	0.2%	$23.07	+12.2%	COM	500754106
—	Urstadt Biddle Properties Inc.	22,885	$211K	0.2%	$21.71	—	COM	917286205
WES	Western Midstream Partners, LP	23,965	$192K	0.2%	$31.12	—	UNIT LTD PARTN	958669103
ROSYY	Rostelecom Long Distance ADR	25,015	$185K	0.2%	$7.94	—	ADR	778529107
—	Coats Group PLC	242,035	$175K	0.1%	$0.52	—	COM	B4YZN3906
—	Bank of Ireland	89,531	$170K	0.1%	$5.40	—	COM	306062902
MGY	Magnolia Oil & Gas Corp.	29,355	$152K	0.1%	$8.35	-25.4%	COM	559663109
—	Credito Real Sofom ENR	305,934	$152K	0.1%	$1.48	—	COM	B8DST5905
—	Vermilion Energy Trust	62,085	$145K	0.1%	$20.52	—	COM	923725956
—	BW Energy LTD	61,500	$110K	0.1%	$0.86	—	COM	ACI1JYPR2
—	Enerplus Resources Fund Trust	58,958	$110K	0.1%	$10.06	—	COM	292766102
—	Apache Corp.	10,835	$103K	0.1%	$50.82	—	COM	037411105
GUKYF	Gulf Keystone Petroleum LTD	88,875	$85,000	0.1%	$3.44	-66.2%	COM	G4209G207
BNEFF	Bonterra Energy Corp.	61,731	$47,000	0.0%	$9.30	-88.5%	COM	098546104
—	Valens Company	23,870	$29,000	0.0%	$1.78	—	COM	91913D106
—	Indiva Limited	122,000	$23,000	0.0%	$0.20	—	COM	45580J101
—	Mechel Open Joint Stock Co. AD	14,781	$22,000	0.0%	$2.87	—	ADR	583840608
MMLP	Martin Midstream Partners LP	15,624	$18,000	0.0%	$23.02	—	UNIT LTD PARTN	573331105
RQHTF	Reliq Health Technologies Inc.	20,000	$3,000	0.0%	$0.11	+74.0%	COM	75955T103