Schedule
of Investments
March 31, 2024 (unaudited)
Moderate Allocation Fund
| Security Description | Shares or Principal Amount ($) | Fair Value ($)(@) | ||||||
| Common Stocks (United States) - 37.5% | ||||||||
| Communication Services - 2.5% | ||||||||
| ALPHABET INC (A) (1) | 839 | 126,630 | ||||||
| ALPHABET INC. (C) (1) | 15,307 | 2,330,644 | ||||||
| META PLATFORMS INC | 3,398 | 1,650,001 | ||||||
| NETFLIX INC (1) | 310 | 188,272 | ||||||
| TELEPHONE & DATA SYS INC DEL NEW | 1,355 | 21,707 | ||||||
| TRIPADVISOR INC (1) | 1,801 | 50,050 | ||||||
| 4,367,304 | ||||||||
| Consumer Discretionary - 5.8% | ||||||||
| AMAZON.COM INC (1) | 7,982 | 1,439,793 | ||||||
| BEST BUY CO INC | 920 | 75,468 | ||||||
| BURLINGTON STORES INC (1) | 460 | 106,807 | ||||||
| DR HORTON INC | 4,406 | 725,007 | ||||||
| EBAY INC | 3,325 | 175,494 | ||||||
| GARMIN LIMITED | 14,204 | 2,114,549 | ||||||
| HOME DEPOT INC | 1,613 | 618,747 | ||||||
| LA Z BOY INC | 1,215 | 45,708 | ||||||
| LEGGETT & PLATT INC | 9,166 | 175,529 | ||||||
| LENNAR CORP | 7,533 | 1,295,525 | ||||||
| LOWES COMPANIES INC | 1,070 | 272,561 | ||||||
| MOHAWK INDS INC (1) | 2,869 | 375,523 | ||||||
| NVR INC (1) | 13 | 105,299 | ||||||
| O'REILLY AUTOMOTIVE INC (1) | 144 | 162,559 | ||||||
| PULTEGROUP INC | 3,671 | 442,796 | ||||||
| ROSS STORES INC | 5,984 | 878,212 | ||||||
| TJX COMPANIES INC | 3,653 | 370,487 | ||||||
| TOLL BROS INC | 2,588 | 334,810 | ||||||
| Town Sports International (1)(4) | 961 | 0 | ||||||
| WHIRLPOOL CORP | 2,328 | 278,499 | ||||||
| 9,993,373 | ||||||||
| Consumer Staples - 1.8% | ||||||||
| CASEYS GEN STORES INC | 618 | 196,802 | ||||||
| COSTCO WHOLESALE CORP | 1,523 | 1,115,795 | ||||||
| KROGER CO | 5,792 | 330,897 | ||||||
| MONDELEZ INTERNATIONAL INC (A) | 1,446 | 101,220 | ||||||
| PERFORMANCE FOOD GROUP CO (1) | 2,424 | 180,927 | ||||||
| TARGET CORPORATION | 1,617 | 286,549 | ||||||
| WALGREEN BOOTS ALLIANCE INC | 4,799 | 104,090 | ||||||
| WALMART INC | 13,053 | 785,399 | ||||||
| 3,101,679 | ||||||||
| Energy - 2.9% | ||||||||
| Berry Corporation (bry) | 301 | 2,423 | ||||||
| CHENIERE ENERGY INC | 2,442 | 393,846 | ||||||
| CHEVRON CORP | 4,132 | 651,782 | ||||||
| CONOCOPHILLIPS | 2,192 | 278,998 | ||||||
| DEVON ENERGY CORP | 61 | 3,061 | ||||||
| DIAMONDBACK ENERGY, INC | 3,993 | 791,293 | ||||||
| DT MIDSTREAM INC | 2,810 | 171,691 | ||||||
| EOG RESOURCES INC | 1,619 | 206,973 | ||||||
| EXXON MOBIL CORP | 3,867 | 449,500 | ||||||
| HF SINCLAIR CORPORATION | 123 | 7,426 | ||||||
| INTERNATIONAL SEAWAYS INC | 33 | 1,756 | ||||||
| MARATHON OIL CORP | 67 | 1,899 | ||||||
| ONEOK INC NEW | 4,259 | 341,444 | ||||||
| OVINTIV INC | 898 | 46,606 | ||||||
| PEABODY ENERGY CORP | 56 | 1,359 | ||||||
| PIONEER NATURAL RESOURCES | 3,973 | 1,042,913 | ||||||
| SCORPIO TANKERS INC | 337 | 24,112 | ||||||
| TEEKAY CORPORATION (1) | 502 | 3,655 | ||||||
| VALERO ENERGY CORP | 2,648 | 451,987 | ||||||
| Westmoreland Coal Co (1)(4) | 773 | 0 | ||||||
| WILLIAMS COS INC | 936 | 36,476 | ||||||
| 4,909,200 | ||||||||
| Financials - 5.8% | ||||||||
| ALLY FINANCIAL INC | 7,070 | 286,971 | ||||||
| AMERIPRISE FINANCIAL, INC | 1,147 | 502,891 | ||||||
| BANK OF NEW YORK MELLON CORP | 4,531 | 261,076 | ||||||
| Berkshire Hathaway Class B (1) | 10,799 | 4,541,195 | ||||||
| CAPITAL ONE FINL CORP | 1,922 | 286,167 | ||||||
| FIRST AMERICAN FINANCIAL CORP | 246 | 15,018 | ||||||
| JPMORGAN CHASE & CO | 158 | 31,647 | ||||||
| MASTERCARD INCORPORATED | 5,626 | 2,709,313 | ||||||
| MEDLEY MANAGEMENT INC (1)(4) | 27 | 0 | ||||||
| NORTHERN TRUST CORP | 5,000 | 444,600 | ||||||
| PROG HOLDINGS INC | 150 | 5,166 | ||||||
| RAIT Financial Trust (1)(4) | 751 | 0 | ||||||
| REINSURANCE GRP OF AMER INC | 315 | 60,757 | ||||||
| STATE STREET CORP | 8,071 | 624,050 | ||||||
| SYNCHRONY FINANCIAL | 1,736 | 74,856 | ||||||
| WAFD INC | 882 | 25,604 | ||||||
| WINTRUST FINL CORP | 113 | 11,796 | ||||||
| 9,881,107 | ||||||||
| Healthcare - 3.2% | ||||||||
| ABBVIE INC | 958 | 174,452 | ||||||
| BRISTOL-MYERS SQUIBB CO | 3,566 | 193,384 | ||||||
| CENTENE CORPORATION (1) | 3,254 | 255,374 | ||||||
| CVS HEALTH CORP | 222 | 17,707 | ||||||
| ELEVANCE HEALTH INC | 1,412 | 732,178 | ||||||
| ELI LILLY & CO | 1,055 | 820,748 | ||||||
| ENCOMPASS HEALTH CORPORATION | 2,163 | 178,621 | ||||||
| GILEAD SCIENCE INC | 4,330 | 317,173 | ||||||
| HUMANA INC | 171 | 59,289 | ||||||
| JOHNSON AND JOHNSON | 6,824 | 1,079,489 | ||||||
| MCKESSON CORP | 397 | 213,129 | ||||||
| ORGANON & CO | 146 | 2,745 | ||||||
| PFIZER INC | 3,577 | 99,262 | ||||||
| QUEST DIAGNOSTICS INC | 401 | 53,377 | ||||||
| THE CIGNA GROUP | 643 | 233,531 | ||||||
| UNITEDHEALTH GROUP INC (DEL) | 1,269 | 627,774 | ||||||
| VIATRIS INC. | 3,418 | 40,811 | ||||||
| VIKING THERAPEUTICS, INC. (1) | 45 | 3,690 | ||||||
| ZOETIS INC | 1,857 | 314,223 | ||||||
| 5,416,957 | ||||||||
| Industrials - 4.5% | ||||||||
| A. O. SMITH CORP | 2,280 | 203,969 | ||||||
| AECOM | 7,388 | 724,615 | ||||||
| AGCO CORP | 518 | 63,724 | ||||||
| AIR LEASE CORP | 2,418 | 124,382 | ||||||
| ALLEGION PLC | 1,944 | 261,876 | ||||||
| APPLIED INDUSTRIAL TECH INC | 46 | 9,087 | ||||||
| BOISE CASCADE COMPANY | 147 | 22,545 | ||||||
| BROADRIDGE FIN'L SOLUTIONS | 480 | 98,333 | ||||||
| CRANE COMPANY | 12 | 1,622 | ||||||
| CSX CORP | 4,869 | 180,494 | ||||||
| DELTA AIR LINES INC. (NEW) | 2,838 | 135,855 | ||||||
| EAGLE BULK SHIPPING INC (1) | 2,174 | 135,810 | ||||||
| EMCOR GROUP INC | 1,027 | 359,655 | ||||||
| FASTENAL CO | 12,257 | 945,505 | ||||||
| FERGUSON PLC | 2,370 | 517,679 | ||||||
| FORTUNE BRANDS INNOVATIONS INC | 203 | 17,188 | ||||||
| GENCO SHIPPING & TRADING LTD | 3,273 | 66,540 | ||||||
| GRACO INC | 393 | 36,730 | ||||||
| GRAINGER W W INC | 480 | 488,304 | ||||||
| J.B. HUNT TRANSPORT SERVICES INC | 217 | 43,237 | ||||||
| JOHNSON CONTROLS INTERNATIONAL PLC | 1,850 | 120,842 | ||||||
| MATSON INC | 1,671 | 187,820 | ||||||
| MSC INDUSTRIAL DIRECT CO INC | 3,787 | 367,490 | ||||||
| NORFOLK SOUTHERN CORP | 1,581 | 402,949 | ||||||
| OWENS CORNING INC | 1,793 | 299,072 | ||||||
| QUANTA SERVICES INC | 365 | 94,827 | ||||||
| RYDER SYS INC | 25 | 3,005 |
| TRANE TECHNOLOGIES PLC | 1,272 | 381,854 | ||||||
| UFP Industries, Inc. | 41 | 5,043 | ||||||
| UNION PACIFIC CORP | 4,242 | 1,043,235 | ||||||
| UNITED AIRLINES HOLDINGS INC (1) | 4,922 | 235,665 | ||||||
| VERISK ANALYTICS INC | 679 | 160,061 | ||||||
| 7,739,013 | ||||||||
| Information Technology - 10.2% | ||||||||
| ADVANCED MICRO DEVICES INC (1) | 2,361 | 426,137 | ||||||
| ANALOG DEVICES INC | 7,049 | 1,394,222 | ||||||
| APPLE INC | 3,659 | 627,445 | ||||||
| APPLIED MATERIALS INC | 919 | 189,525 | ||||||
| BROADCOM INC | 992 | 1,314,807 | ||||||
| CONSENSUS CLOUD SOLUTIONS, INC. (1) | 1,761 | 27,929 | ||||||
| CRANE NXT CO | 12 | 743 | ||||||
| DOCUSIGN INC (1) | 1,494 | 88,968 | ||||||
| ENPHASE ENERGY INC (1) | 1,270 | 153,645 | ||||||
| FIRST SOLAR INC (1) | 1,935 | 326,628 | ||||||
| GLOBALFOUNDRIES INC. (1) | 601 | 31,318 | ||||||
| INTEL CORP | 10,434 | 460,870 | ||||||
| KLA Corporation | 133 | 92,910 | ||||||
| MARATHON DIGITAL HOLDINGS, INC (1) | 273 | 6,164 | ||||||
| MARVELL TECHNOLOGY INC. | 267 | 18,925 | ||||||
| MICROCHIP TECH INC | 5,693 | 510,719 | ||||||
| MICRON TECH INC | 1,662 | 195,933 | ||||||
| MICROSOFT CORP | 8,242 | 3,467,574 | ||||||
| NVIDIA CORP | 4,084 | 3,690,139 | ||||||
| ON SEMICONDUCTOR CORP (1) | 2,236 | 164,458 | ||||||
| ORACLE CORPORATION | 1,764 | 221,576 | ||||||
| PALANTIR TECHNOLOGIES INC (1) | 821 | 18,891 | ||||||
| PEGASYSTEMS INC | 113 | 7,304 | ||||||
| QORVO INC (1) | 1,268 | 145,604 | ||||||
| QUALCOMM INC | 7,636 | 1,292,775 | ||||||
| RAMBUS INC (1) | 49 | 3,029 | ||||||
| SKYWORKS SOLUTIONS INC | 7,684 | 832,331 | ||||||
| TEXAS INSTRUMENTS INC | 9,933 | 1,730,428 | ||||||
| UNIVERSAL DISPLAY CORP | 764 | 128,696 | ||||||
| 17,569,693 | ||||||||
| Materials - 0.4% | ||||||||
| SUNCOKE ENERGY INC | 184 | 2,074 | ||||||
| SYLVAMO CORPORATION | 1,014 | 62,604 | ||||||
| VULCAN MATERIALS CO | 2,198 | 599,878 | ||||||
| 664,556 | ||||||||
| Real Estate Investment Trust - 0.2% | ||||||||
| COSTAR GROUP INC (1) | 2,713 | 262,076 | ||||||
| Spirit MTA REIT Liquidating Trust (1)(4) | 1,024 | 0 | ||||||
| 262,076 | ||||||||
| Utilities - 0.2% | ||||||||
| ENTERGY CORP | 1,401 | 148,058 | ||||||
| NEXTERA ENERGY INC | 3,270 | 208,986 | ||||||
| XCEL ENERGY INCORPORATED | 1,156 | 62,135 | ||||||
| 419,179 | ||||||||
| Total Common Stocks (United States) | (Cost | $ | 50,820,875 | ) | 64,324,139 | |||||||
| Preferred Stock (United States) - 0.0% | ||||||||||||
| WESCO International, Inc. Series A Variable Preferred, 9.7% | 252 | 6,630 | ||||||||||
| Total Preferred Stock (United States) | (Cost | $ | 6,299 | ) | 6,630 | |||||||
| Warrants (United States) - 0.0% | ||||||||||||
| Chaparral Energy, Inc. A Warrants, Expiration Date 10/14/2024 (1)(4) | 1 | 0 | ||||||||||
| Chaparral Energy, Inc. B Warrants, Expiration Date 10/14/2025 (1)(4) | 1 | 0 | ||||||||||
| Civitas Solutions, Inc. A Warrants, Expiration Date 1/20/2025 (1)(4) | 7 | 0 | ||||||||||
| Civitas Solutions, Inc. B Warrants, Expiration Date 1/20/2026 (1)(4) | 3 | 0 | ||||||||||
| Oasis Petroleum, Inc. Warrants, Expiration Date 11/19/2024 (1)(4) | 3 | 0 | ||||||||||
| Total Warrants (United States) | (Cost | $ | 656 | ) | 0 |
| Registered Investment Companies - 47.2% | ||||||||||||
| U.S. Fixed Income - 44.7% | ||||||||||||
| Baird Core Plus Bond Fund - Class I | 2,046,071 | 20,583,475 | ||||||||||
| BBH Limited Duration Fund - Class I | 45 | 468 | ||||||||||
| BRANDYWINEGLOBAL HIGH YIELD CLASS I | 609,821 | 6,207,983 | ||||||||||
| DODGE & COX INCOME FUND CLASS I | 1,329,714 | 16,554,944 | ||||||||||
| FIDELITY ADVISOR HIGH INCOME ADVANTAGE FUND CLASS Z | 580,677 | 6,271,316 | ||||||||||
| FIDELITY ADVISOR TOTAL BOND FUND CLASS Z | 2,263,188 | 21,409,763 | ||||||||||
| Frost Total Return Bond Fund - Class I | 571,617 | 5,538,973 | ||||||||||
| PGIM Short-Term Corporate Bond Fund - Class R6 | 843 | 8,835 | ||||||||||
| 76,575,757 | ||||||||||||
| International Fixed Income - 2.5% | ||||||||||||
| iShares JP Morgan USD Emerging Markets Bond ETF (5) | 46,903 | 4,205,792 | ||||||||||
| 4,205,792 | ||||||||||||
| Total Registered Investment Companies | (Cost | $ | 77,893,330 | ) | 80,781,549 | |||||||
| Money Market Registered Investment Companies - 14.8% | ||||||||||||
| Meeder Institutional Prime Money Market Fund, 5.33% (2) | 25,338,091 | 25,340,625 | ||||||||||
| Total Money Market Registered Investment Companies | (Cost | $ | 25,324,720 | ) | 25,340,625 | |||||||
| Total Investments - 99.5% | (Cost | $ | 154,045,880 | ) | 170,452,943 | |||||||
| Other Assets less Liabilities - 0.5% | 889,740 | |||||||||||
| Total Net Assets - 100.0% | 171,342,683 | |||||||||||
| Trustee Deferred Compensation (3) | ||||||||||||
| Meeder Balanced Fund - Retail Class | 722 | 9,805 | ||||||||||
| Meeder Dynamic Allocation Fund - Retail Class | 1,750 | 25,865 | ||||||||||
| Meeder Muirfield Fund - Retail Class | 2,450 | 24,647 | ||||||||||
| Meeder Conservative Allocation Fund - Retail Class | 234 | 5,321 | ||||||||||
| Total Trustee Deferred Compensation | (Cost | $ | 55,898 | ) | 65,638 | |||||||
| Futures Contracts | ||||||||||||
| Long (Short) Contracts | Expiration Date | Notional Value of Contracts ($) | Value and Unrealized Appreciation (Depreciation)($) | |||||||||||
| Index Futures | ||||||||||||||
| E-mini Standard & Poors MidCap 400 Futures | 1 | 6/21/2024 | 307,740 | 10,409 | ||||||||||
| Mini MSCI EAFE Index Futures | 68 | 6/21/2024 | 8,014,140 | 34,958 | ||||||||||
| Mini MSCI Emerging Markets Index Futures | 46 | 6/21/2024 | 2,412,700 | (21,440 | ) | |||||||||
| Russell 2000 Mini Index Futures | 66 | 6/21/2024 | 7,081,470 | 176,150 | ||||||||||
| Standard & Poors 500 Mini Futures | 5 | 6/21/2024 | 1,327,125 | 8,092 | ||||||||||
| Total Futures Contracts | 186 | 19,143,175 | 208,169 | |||||||||||
| (@) | 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 March 31, 2024 in valuing the Fund's assets carried at fair value:
| Valuation Inputs | Investments in Securities | Other Financial Instruments (6) | ||||||
| Level 1 - Quoted Prices | $ | 170,452,943 | $ | 208,169 | ||||
| Level 2 - Other Significant Observable Inputs | - | - | ||||||
| Level 3 - Significant Unobservable Inputs | - | - | ||||||
| Total | $ | 170,452,943 | $ | 208,169 | ||||
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.
| (1) | Represents non-income producing securities. |
| (2) | Investment in affiliate. The yield shown represents the 7-day yield in effect at March 31, 2024. |
| (3) | Assets of affiliates to the Moderate Allocation Fund held for the benefit of the Fund's Trustees in connection with the Trustee Deferred Compensation Plan. |
| (4) | Fair valued security deemed a Level 3 security. Security is not part of the investment strategy of the Fund. |
| (5) | Exchange-traded fund. |
| (6) | Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures contracts, which are valued at the unrealized appreciation/depreciation of the instrument. |