ETFs Holding VLY

Touchstone Small Cap Value Fund Class A

Touchstone Small Cap Value Fund Institutional

Global X Variable Rate Preferred ETF

Knights of Columbus Small Cap Fund S Class

Voya Large Cap Value Fund Class R2

Voya Large Cap Value Fund Class A

Voya Large Cap Value Fund Class R

Voya Large Cap Value Fund Class W

JHF II Small Cap Dynamic Growth Fund Class I

JHF II Small Cap Dynamic Growth Fund Class R6

Invesco S&P MidCap Value with Momentum ETF

Franklin Small Cap Enhanced ETF

iShares US Regional Banks ETF

Putnam Small Cap Value Fund Class C

Putnam Small Cap Value Fund Class R6

Goldman Sachs Small Cap Value Fund Class R

Goldman Sachs Small Cap Value Fund Class C Shares

Goldman Sachs Small Cap Value Fund Service Shares

Goldman Sachs Small Cap Value Fund Institutional Shares

Voya Small Company Fund Class I

Voya Small Company Fund Class R6

Voya Small Company Fund Class A

Victory RS Partners Fund Class R6

Victory RS Partners Fund Member Class

Victory RS Partners Fund Class Y

Voya Small Company Portfolio Initial

Voya Small Company Portfolio Class R6

State Street SPDR S&P Bank ETF

Banks UltraSector ProFund

Nomura Small Cap Core Fund Class A

Nomura Small Cap Core Fund Institutional Class

Nomura Small Cap Core Fund Class R6

Rydex Banking Fund Class A

Rydex Banking Fund Class C

Fidelity Enhanced Small Cap Value ETF

SIMT Small Cap Value Fund Class I

S&P MidCap 400 Pure Value Fund Class H

S&P MidCap 400 Pure Value Fund Class A

Goldman Sachs Small/Mid Cap Value Fund Class R6

Goldman Sachs Small/Mid Cap Value Fund Investor Class

Goldman Sachs Small/Mid Cap Value Fund Class R

Goldman Sachs Small/Mid Cap Value Fund Class P Shares

Voya MI Dynamic SMID Cap Fund Class A

Voya MI Dynamic SMID Cap Fund Class I

Voya MI Dynamic SMID Cap Fund Class W

Keeley Small Cap Fund Class A

Keeley Small Cap Fund Class I

LSV Small Cap Value Fund

iShares Select Dividend ETF

Franklin US Small Cap Equity Fund Class FI

Franklin US Small Cap Equity Fund Class C

Franklin US Small Cap Equity Fund Class I

Undiscovered Managers Behavioral Value Fund Class C

Undiscovered Managers Behavioral Value Fund Class L

Undiscovered Managers Behavioral Value Fund Class I

Undiscovered Managers Behavioral Value Fund Class R4

Undiscovered Managers Behavioral Value Fund Class R5

Dimensional US Small Cap Value ETF

First Eagle Small Cap Opportunity Fund Class A

First Eagle Small Cap Opportunity Fund Class R6

Invesco S&P Ultra Dividend Revenue ETF

DFA US Small Cap Value Portfolio

Fidelity Flex Mid Cap Focused Index Fund

Flaherty & Crumrine Dynamic Preferred and Income Fund Inc.

Voya Index Plus MidCap Portfolio Initial

Schwab Small-Cap Equity Fund

Harbor AlphaEdge Small Cap Earners ETF

First Trust Mid Cap Value AlphaDEX Fund

State Street SPDR S&P 400 Mid Cap Value ETF

SIMT Small Cap Growth Fund Institutional Class

Vanguard S&P Mid-Cap 400 Value Index Fund Institutional Class

Destinations Small-Mid Cap Equity Fund Class I

SIMT Small Cap Fund Class F

Mid-Cap Value ProFund

Vericimetry US Small Cap Value Fund

Virtus Small-Cap Fund Class R6

Virtus Small-Cap Fund Class C

Columbia Research Enhanced Small Cap ETF

Vanguard Russell 2000 Value ETF

Columbia Multi-Manager Small Cap Equity Strategies Fund Intitutional Class

Hussman Strategic Allocation Fund

John Hancock Variable Insurance Trust Small Opportunities Trust Series II

SEI Institutional Investment Trust - Small Cap Fund Class A

AQR Small Cap Momentum Style Fund Class I

AQR Small Cap Momentum Style Fund Class R6

BNY Mellon US Small Cap Core Equity ETF

Hotchkis & Wiley Small Cap Diversified Value Fund Class A

Xtrackers S&P MidCap 400 Scored & Screened ETF

Timothy Plan US Small Cap Core ETF

TETON Westwood Mighty Mites Fund Class AAA

TETON Westwood Mighty Mites Fund Class C

Angel Oak Financial Strategies Income Term Trust

Acclivity Small Cap Value Fund Class N

AQR Style Premia Alternative Fund Class I

AQR Style Premia Alternative Fund Class N

SIMT Tax-Managed Small/Mid Cap Fund Class Y

Avantis US Small Cap Value Fund Class G

PGIM Quant Solutions Small-Cap Value Fund Class R2

Rydex Financial Services Fund Class H

Rydex Financial Services Fund Class C

PGIM Quant Solutions Small-Cap Value Fund Class Z

PGIM Quant Solutions Small-Cap Value Fund Class A

PGIM Quant Solutions Small-Cap Value Fund Class R6

Schwab Fundamental US Small Company ETF

GuideStone Funds Small Cap Equity Fund Investor Class

First Trust Mid Cap Core AlphaDEX Fund

iShares Morningstar Small-Cap Value ETF

Federated Hermes Mid-Cap Index Fund Institutional Class

Vanguard US Value Factor ETF

Goldman Sachs ActiveBeta US Small Cap Equity ETF

Schwab Fundamental US Small Company Index Fund

Inspire Small/Mid Cap ETF

Victory Market Neutral Income Fund Class C

Victory Market Neutral Income Fund Class A

Fidelity Small Cap Index Fund

Nationwide Small Cap Index Fund Class A

Nationwide Small Cap Index Fund Institutional Service Class

Schwab Small-Cap Index Fund

T Rowe Price Small-Cap Index Fund Institutional Class

Nuveen Small Cap Blend Index Fund Class I

T Rowe Price Small-Cap Index Fund Class Z

Vanguard Russell 2000 Index Fund Institutional

BlackRock Small Cap Index V.I. Fund Class III

Venerable Small Cap Index Fund Class V

Vanguard S&P Mid-Cap 400 ETF

ProShares Russell 2000 High Income ETF

Northern Small Cap Index Fund

Federated Hermes MDT Small Cap Core Fund Class C

Federated Hermes MDT Small Cap Core Fund Class R6

Vanguard S&P Mid-Cap 400 Index Fund Institutional Class

DFA US Small Cap Portfolio Institutional Class

Voya Russell Small Cap Index Portfolio Initial

Voya Russell Small Cap Index Portfolio Advisor Class

John Hancock Variable Insurance Trust Mid Index Trust Series II

John Hancock Variable Insurance Trust Mid Cap Index Trust Series I

Empower S&P Mid Cap 400 Index Fund Class L

Empower S&P Mid Cap 400 Index Fund Institutional Class

BNY Mellon Midcap Index Fund, Inc Investor Class

Principal MidCap S&P 400 Index Fund Class J

Principal MidCap S&P 400 Index Fund R-3 Class

AQR Alternative Risk Premia Fund Class I

MoA Mid Cap Equity Index Fund

Fidelity Small-Mid Multifactor ETF

Columbia Mid Cap Index Fund Institutional Class III

iShares ESG Aware MSCI USA Small-Cap ETF

Columbia Mid Cap Index Fund Class A

AQR Small Cap Multi-Style Fund Class I

SEI Institutional Investment Trust - Large Cap Disciplined Equity Fund Class A

VALIC Company I Mid Cap Index Fund

Principal SmallCap Value Fund II Class R-5

Principal SmallCap Value Fund II Class J

Sterling Capital Behavioral Small Cap Value Equity Fund Class A

Sterling Capital Behavioral Small Cap Value Equity Fund Class C

Invesco Preferred ETF

Vanguard Morningstar Small-Cap Value ETF

The Gabelli Small Cap Growth Fund Class I

The Gabelli Small Cap Growth Fund

Mid-Cap ProFund

ProFunds Ultra Small-Cap ProFund Service Class

ProShares Ultra MidCap400

Schwab US Small-Cap ETF

Gabelli Equity Income Fund Class AAA

Gabelli Equity Income Fund Class I

John Hancock Variable Insurance Trust Small Cap Index Trust Series Nav

John Hancock Variable Insurance Trust Small Cap Index Trust Series I

JPMorgan Small Cap Value Fund Class R5

JPMorgan Small Cap Value Fund Class R6

JPMorgan Small Cap Value Fund Class C

JPMorgan Small Cap Value Fund Class I

Vanguard Morningstar Small-Cap Value Index Fund Admiral Class

VALIC Company I Small Cap Value Fund

Schwab US Mid Cap ETF

Mid-Cap 1.5x Strategy Fund Class C

Mid-Cap 1.5x Strategy Fund Class H

Russell 2000 1.5x Strategy Fund Class H

Dimensional US Micro Cap Portfolio ETF

ProFunds UltraMid-Cap ProFund Service Class

Vanguard Russell 2000 Growth ETF

VictoryShares Hedged Equity Income ETF

GuideMark Small/Mid Cap Core Fund Service Class

SA US Small Company Fund