NPORT-EX 2 mp63nportex.htm NPORT-EX




Schedule of Investments

May 31, 2021 (unaudited)

MP 63 Fund

 

 

 

 

 

 

 

 

 

 

 

 

 

Shares or Principal

 

 

Security Description

 

 

Amount ($)

 

Fair Value ($)(1)

 

 

 

 

 

 

Common Stocks - 97.22%

 

 

 

 

 

 

 

 

Aerospace/Aircraft/Defense - 3.89%

 

 

 

 

 

The Boeing Co.

 

 

 

5,085

 

1,256,097

Raytheon Technologies Corp.

 

 

28,491

 

2,527,437

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3,783,534

Auto Parts-Retail/Wholesale - 1.52%

 

 

 

 

 

Genuine Parts Co.

 

 

 

11,265

 

1,477,067

 

 

 

 

 

 

 

 

Banks-Money Center - 5.11%

 

 

 

 

 

Bank of America Corp.

 

 

 

42,341

 

1,794,835

Truist Financial Corp.

 

 

 

21,665

 

1,338,464

US Bancorp

 

 

 

 

30,320

 

1,842,850

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4,976,149

Beverages-Alcoholic/Soft Drink - 2.77%

 

 

 

 

 

The Coca-Cola Co.

 

 

 

24,980

 

1,381,144

PepsiCo, Inc.

 

 

 

 

8,910

 

1,318,145

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2,699,289

Biological Products - 0.37%

 

 

 

 

 

Gilead Sciences, Inc.

 

 

 

5,520

 

364,927

 

 

 

 

 

 

 

 

Cable & Other Pay Television Services - 1.74%

 

 

 

 

 

Comcast Corp. Class A

 

 

 

29,545

 

1,694,110

 

 

 

 

 

 

 

 

Chemicals-Diversified - 2.07%

 

 

 

 

 

RPM International, Inc.

 

 

 

21,517

 

2,012,485

 

 

 

 

 

 

 

 

Commercial Services - 1.67%

 

 

 

 

 

Ecolab, Inc.

 

 

 

 

7,576

 

1,629,446

 

 

 

 

 

 

 

 

Communications Equipment - 1.60%

 

 

 

 

 

Qualcomm, Inc.

 

 

 

11,580

 

1,557,973

 

 

 

 

 

 

 

 

Containers-Paper/Plastic - 1.19%

 

 

 

 

 

Amcor PLC (Jersey)

 

 

 

98,260

 

1,159,468

 

 

 

 

 

 

 

 

Cosmetics & Personal Care - 1.20%

 

 

 

 

 

Colgate-Palmolive Co.

 

 

 

13,977

 

1,170,993

 

 

 

 

 

 

 

 

Diversified Operations - 3.21%

 

 

 

 

 

3M Co.

 

 

 

 

6,567

 

1,333,364

Corning, Inc.

 

 

 

 

41,167

 

1,796,116

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

3,129,480

Electronic Equipment - 2.25%

 

 

 

 

 

Carrier Global Corp.

 

 

 

11,445

 

525,669

Emerson Electric Co.

 

 

 

17,400

 

1,665,006

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2,190,675

Electronic-Semiconductors - 1.88%

 

 

 

 

 

Intel Corp.

 

 

 

 

32,030

 

1,829,554

 

 

 

 

 

 

 

 

Financial Services Misc - 2.38%

 

 

 

 

 

American Express Co.

 

 

 

4,630

 

741,402

Paychex, Inc.

 

 

 

 

15,610

 

1,578,795

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2,320,197

Food-Misc Preparation - 4.94%

 

 

 

 

 

Archer-Daniels-Midland Co.

 

 

20,615

 

1,371,516

Conagra Brands, Inc.

 

 

 

30,397

 

1,158,126

General Mills, Inc.

 

 

 

14,830

 

932,214

Hormel Foods Corp.

 

 

 

27,708

 

1,344,946

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4,806,802

General Household Appliances - 2.17%

 

 

 

 

 

Stanley Black & Decker, Inc.

 

 

9,753

 

2,114,450

 

 

 

 

 

 

 

 

Healthcare - 1.32%

 

 

 

 

 

 

AbbVie, Inc.

 

 

 

 

7,837

 

887,148

UnitedHealth Group, Inc.

 

 

 

955

 

393,384

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,280,532

Insurance-Life/Property/Casual - 3.02%

 

 

 

 

 

AFLAC, Inc.

 

 

 

 

22,740

 

1,288,903

The Travelers Companies, Inc.

 

 

10,354

 

1,653,534

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2,942,437

Leisure Products - 1.20%

 

 

 

 

 

Polaris, Inc.

 

 

 

 

8,866

 

1,163,397

 

 

 

 

 

 

 

 

Leisure Services - 1.35%

 

 

 

 

 

The Walt Disney Co. (2)

 

 

 

7,366

 

1,315,936

 

 

 

 

 

 

 

 

Machinery-Constrct/Mining/Farm - 4.44%

 

 

 

 

 

Caterpillar, Inc.

 

 

 

8,977

 

2,164,175

Deere & Co.

 

 

 

 

5,986

 

2,161,545

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4,325,720

Machinery-Electrical Eqpmt - 4.14%

 

 

 

 

 

Dover Corp.

 

 

 

 

12,469

 

1,876,584

Johnson Controls International PLC (Ireland)

 

 

10,730

 

713,974

Tennant Co.

 

 

 

 

17,448

 

1,443,648

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4,034,206

Manufacturing - 2.13%

 

 

 

 

 

 

Illinois Tool Works, Inc.

 

 

 

8,933

 

2,070,312

 

 

 

 

 

 

 

 

Medical/Dental-Supplies - 1.85%

 

 

 

 

 

Becton Dickinson & Co.

 

 

 

7,455

 

1,803,290

 

 

 

 

 

 

 

 

Medical Instruments/Products - 1.65%

 

 

 

 

 

Medtronic PLC (Ireland)

 

 

 

12,720

 

1,610,225

 

 

 

 

 

 

 

 

Medical-Drugs - 5.04%

 

 

 

 

 

 

Abbott Laboratories

 

 

 

14,945

 

1,743,334

Johnson & Johnson

 

 

 

11,118

 

1,881,722

Merck & Co., Inc.

 

 

 

9,987

 

757,913

Pfizer, Inc.

 

 

 

 

13,590

 

526,341

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4,909,310

National Commercial Banks - 1.35%

 

 

 

 

 

JPMorgan Chase & Co.

 

 

 

7,990

 

1,312,276

 

 

 

 

 

 

 

 

Paper & Paper Products - 1.45%

 

 

 

 

 

Kimberly Clark Corp.

 

 

 

10,790

 

1,409,498

 

 

 

 

 

 

 

 

Petroleum Refining - 1.23%

 

 

 

 

 

Chevron Corp.

 

 

 

1,901

 

197,305

Exxon Mobile Corp.

 

 

 

17,200

 

1,003,964

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,201,269

Refuse Systems - 1.68%

 

 

 

 

 

 

Waste Management, Inc.

 

 

 

11,610

 

1,633,295

 

 

 

 

 

 

 

 

Retail-Catalog & Mail Order Houses - 0.74%

 

 

 

 

 

Amazon.com, Inc. (2)

 

 

 

222

 

715,522

 

 

 

 

 

 

 

 

Retail-Food & Restaurant - 2.11%

 

 

 

 

 

Starbucks Corp.

 

 

 

7,578

 

862,983

Yum! Brands, Inc.

 

 

 

9,925

 

1,190,702

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2,053,685

Retail-Variety Stores - 1.70%

 

 

 

 

 

Costco Wholesale Corp.

 

 

 

4,374

 

1,654,553

 

 

 

 

 

 

 

 

Retail/Wholesale-Bldg Products - 2.02%

 

 

 

 

 

The Home Depot, Inc.

 

 

 

6,180

 

1,970,864

 

 

 

 

 

 

 

 

Services-Computer Programming, Data Processing, Etc- 1.49%

 

 

 

 

 

Alphabet, Inc. Class A

 

 

 

616

 

1,451,820

 

 

 

 

 

 

 

 

Services-Prepackaged Software - 2.41%

 

 

 

 

 

Microsoft Corp.

 

 

 

9,395

 

2,345,744

 

 

 

 

 

 

 

 

Shoes & Related Apparel - 0.97%

 

 

 

 

 

Nike, Inc. Class B

 

 

 

6,942

 

947,305

 

 

 

 

 

 

 

 

Soap, Detergent, Cleaning Preparations, perfumes, Cosmetics - 1.62%

 

 

 

 

The Procter & Gamble Co.

 

 

11,693

 

1,576,801

 

 

 

 

 

 

 

 

Telecommunications Services - 1.28%

 

 

 

 

 

AT&T, Inc.

 

 

 

 

30,620

 

901,147

Verizon Communications, Inc.

 

 

6,100

 

344,589

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

1,245,736

Textile-Apparel/Mill Products - 1.23%

 

 

 

 

 

VF Corp.

 

 

 

 

15,000

 

1,195,800

 

 

 

 

 

 

 

 

Transportation-Railroads - 2.15%

 

 

 

 

 

Union Pacific Corp.

 

 

 

9,321

 

2,094,708

 

 

 

 

 

 

 

 

Utility-Electric - 4.97%

 

 

 

 

 

Dominion Energy, Inc.

 

 

 

9,689

 

737,720

Duke Energy Corp.

 

 

 

12,931

 

1,295,945

MDU Resources Group, Inc.

 

 

26,040

 

876,506

NextEra Energy, Inc.

 

 

 

26,296

 

1,925,393

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

4,835,564

Utility-Gas Distribution - 0.85%

 

 

 

 

 

National Fuel Gas Co.

 

 

 

15,910

 

825,570

 

 

 

 

 

 

 

 

Utility-Water - 1.84%

 

 

 

 

 

 

Essential Utilities, Inc.

 

 

 

37,545

 

1,794,651

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Common Stock

 

 

 

(Cost $              39,498,842)

 

94,636,625

 

 

 

 

 

 

 

 

Limited Partnerships - 0.88%

 

 

 

 

Natural Gas Transmissions - 0.51%

 

 

 

 

 

Enterprise Products Partners,  L.P.

 

 

21,000

 

495,810

 

 

 

 

 

 

 

 

Pipe Lines (No Natural Gas) - 0.37%

 

 

 

 

 

Magellan Midstream Partners, L.P.

 

 

7,300

 

359,817

 

 

 

 

 

 

 

 

Total Limited Partnerships

(Cost $                   777,511)

 

855,627

 

 

 

 

 

 

 

 

Real Estate Investment Trusts - 0.34%

 

 

 

 

Simon Property Group, Inc.

2,600

 

334,074

 

 

 

 

Total Money Market Registered Investment Companies

(Cost $                   268,104)

 

334,074

 

 

 

 

 

 

 

 

Money Market Registered Investment Companies - 1.15%

 

 

 

 

Fidelity Investments Money Market Funds - Government Portfolio, Class I 0.01% (3)

1,120,680

 

1,120,680

 

 

 

 

Total Money Market Registered Investment Companies

(Cost $                1,120,680)

 

1,120,680

 

 

 

 

Total Investments - 99.59%

(Cost $              41,665,137)

 

96,947,006

 

 

 

 

Other Assets less Liabilities - .41%

 

 

396,225

 

 

 

 

Total Net Assets - 100.00%

 

 

97,343,231

 

 

 

 

 

 

 

 

 

 

 

 

(1)  Statement on Financial Accounting Standard No. 157 "Fair Value Measurements" - Various inputs are used in determining the value of the Fund's investments.

       These inputs are summarized in the three broad levels listed below.

        • Level 1 - quoted prices in active markets for identical securities

        • Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

        • Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

 

       The following is a summary of the inputs used as of May 31, 2021 in valuing the Fund's assets carried at fair value:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Investments in

 

Other Financial

Valuation Inputs

 

 

 

Securities

 

Instruments

Level 1 - Quoted Prices

 

 

$

96,947,006

$

-

Level 2 - Other Significant Observable Inputs

 

 

-

 

-

Level 3 - Significant Unobservable Inputs

 

 

-

 

-

Total

 

 

 

$

96,947,006

$

-

 

 

 

 

 

 

 

 

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term

debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment

Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active

market, such securities are reflected as Level 2.

 

 

 

 

 

 

 

 

(2)  Represents non-income producing securities.

(3)  Investment in affiliate. The yield shown represents the 7-day yield in effect at May 31, 2021.