| Schedule of Investments | ||
| November 30, 2022 - (Unaudited) | ||
| COMMON STOCKS — 100.63% | Shares | Fair Value |
|
Communications — 7.96% Alphabet, Inc., Class A(a) |
22,000 |
$ 2,221,780 |
| ATN International, Inc. | 4,687 | 226,898 |
| Electronic Arts, Inc. | 3,500 | 457,730 |
| Iridium Communications, Inc.(a) | 4,000 | 212,400 |
| Meta Platforms, Inc., Class A(a) | 2,500 | 295,250 |
| Netflix, Inc.(a) | 1,600 | 488,848 |
| Nexstar Media Group, Inc. | 4,500 | 853,020 |
| Omnicom Group, Inc. | 9,000 | 717,840 |
|
T-Mobile US, Inc.(a) World Wrestling Entertainment, Inc., |
6,000 | 908,760 |
| Class A | 4,000 | 319,520 |
|
Consumer Discretionary — 10.16% |
6,702,046 | |
| Amazon.com, Inc.(a) | 13,000 | 1,255,020 |
|
American Axle & Manufacturing Holdings, Inc.(a) |
40,000 |
416,400 |
| AutoZone, Inc.(a) | 200 | 515,800 |
| Axon Enterprise, Inc.(a) | 1,200 | 220,836 |
| BJ's Restaurants, Inc.(a) | 6,000 | 192,480 |
| Deckers Outdoor Corp.(a) | 1,200 | 478,656 |
| Dick's Sporting Goods, Inc. | 2,500 | 298,950 |
| Ethan Allen Interiors, Inc. | 6,000 | 170,700 |
| Harley-Davidson, Inc. | 4,000 | 188,520 |
| Hibbett, Inc. | 6,250 | 416,625 |
| McDonald's Corp. | 3,000 | 818,370 |
| O'Reilly Automotive, Inc.(a) | 750 | 648,405 |
| Oxford Industries, Inc. | 4,000 | 451,440 |
| Ross Stores, Inc. | 2,000 | 235,340 |
| Starbucks Corp. | 2,800 | 286,160 |
| Tesla, Inc.(a) | 3,000 | 584,100 |
| Texas Roadhouse, Inc. | 2,800 | 278,096 |
| Ulta Beauty, Inc.(a) | 1,600 | 743,744 |
| Visteon Corp.(a) | 1,200 | 176,160 |
| Wynn Resorts Ltd.(a) | 2,200 | 184,052 |
|
Consumer Staples — 7.55% |
8,559,854 | |
| BJ's Wholesale Club Holdings, Inc.(a) | 4,700 | 353,628 |
| Constellation Brands, Inc., Class A | 1,400 | 360,290 |
| Costco Wholesale Corp. | 850 | 458,363 |
| Flowers Foods, Inc. | 8,000 | 240,400 |
| General Mills, Inc. | 11,695 | 997,583 |
| Hershey Co. (The) | 800 | 188,136 |
| Kellogg Co. | 6,500 | 474,175 |
| Lamb Weston Holdings, Inc. | 8,500 | 738,650 |
| PepsiCo, Inc. | 5,000 | 927,550 |
| Performance Food Group Co.(a) | 3,000 | 182,940 |
| Sysco Corp. | 5,200 | 449,852 |
| COMMON STOCKS — 100.63% - continued | Shares | Fair Value |
| Consumer Staples — 7.55% - continued | ||
| Walmart, Inc. | 6,500 | $ 990,730 |
| 6,362,297 | ||
| Energy — 9.95% | ||
| Chevron Corp. | 7,650 | 1,402,322 |
| ConocoPhillips | 7,000 | 864,570 |
| CVR Energy, Inc. | 15,000 | 552,750 |
| Diamondback Energy, Inc. | 1,100 | 162,822 |
| Enphase Energy, Inc.(a) | 3,000 | 961,770 |
| Exxon Mobil Corp. | 14,000 | 1,558,760 |
| Helmerich & Payne, Inc. | 5,500 | 280,940 |
| Murphy USA, Inc. | 3,500 | 1,035,335 |
| NOW, Inc.(a) | 45,000 | 561,600 |
| Occidental Petroleum Corp. | 2,300 | 159,827 |
| Pioneer Natural Resources Co. | 2,800 | 660,772 |
| Schlumberger N.V. | 3,500 | 180,425 |
| 8,381,893 | ||
| Financials — 11.04% | ||
| Ameriprise Financial, Inc. | 3,100 | 1,029,045 |
| Arthur J Gallagher & Co. | 3,000 | 597,330 |
| Bank of America Corp. | 5,000 | 189,250 |
| Banner Corp. | 2,500 | 176,550 |
| Berkshire Hathaway, Inc., Class B(a) | 2,500 | 796,500 |
| Cboe Global Markets, Inc. | 3,000 | 380,520 |
| Commerce Bancshares, Inc. | 4,000 | 299,680 |
| Cullen/Frost Bankers, Inc. | 1,500 | 217,605 |
| Glacier Bancorp, Inc. | 10,500 | 607,950 |
| Goldman Sachs Group, Inc. (The) | 1,000 | 386,150 |
| Huntington Bancshares, Inc. | 10,000 | 154,800 |
| JPMorgan Chase & Co. | 4,700 | 649,446 |
| Nasdaq, Inc. | 6,000 | 410,760 |
| NBT Bancorp, Inc. | 6,500 | 300,040 |
| Principal Financial Group, Inc. | 10,000 | 896,800 |
| Raymond James Financial, Inc. | 6,300 | 736,470 |
| Trustmark Corp. | 16,000 | 585,280 |
| Unum Group | 21,000 | 885,780 |
| 9,299,956 | ||
| Health Care — 14.79% | ||
| Agilent Technologies, Inc. | 6,680 | 1,035,266 |
| AmerisourceBergen Corp. | 7,980 | 1,362,106 |
| Amgen, Inc. | 2,900 | 830,560 |
| Anthem, Inc. | 1,600 | 852,672 |
| Bristol-Myers Squibb Co. | 7,000 | 561,960 |
| Cardinal Health, Inc. | 5,200 | 416,884 |
| Charles River Laboratories | ||
| International, Inc.(a) | 722 | 165,028 |
| Eli Lilly and Co. | 4,310 | 1,599,354 |
| Ensign Group, Inc. (The) | 6,300 | 598,500 |
| Gilead Sciences, Inc. | 6,666 | 585,475 |
|
COMMON STOCKS — 100.63% - continued Health Care — 14.79% - continued |
Shares | Fair Value |
| McKesson Corp. | 2,500 | $ 954,200 |
| Merck & Co., Inc. | 7,999 | 880,850 |
| Regeneron Pharmaceuticals, Inc.(a) | 750 | 563,775 |
| UnitedHealth Group, Inc. | 2,300 | 1,259,848 |
| Vertex Pharmaceuticals, Inc.(a) | 2,500 | 791,000 |
| 12,457,478 | ||
| Industrials — 7.70% | ||
| Belden, Inc. | 2,200 | 176,968 |
| Caterpillar, Inc. | 1,000 | 236,410 |
| Comfort Systems USA, Inc. | 1,200 | 152,112 |
| Dorian, L.P.G Ltd. | 17,000 | 330,990 |
| Fluor Corp.(a) | 17,000 | 571,370 |
| Forward Air Corp. | 4,000 | 449,480 |
| Howmet Aerospace, Inc. | 12,000 | 452,040 |
| Insperity, Inc. | 4,001 | 474,319 |
| Keysight Technologies, Inc.(a) | 3,200 | 578,848 |
| Kirby Corp.(a) | 2,800 | 195,412 |
| Lockheed Martin Corp. | 1,600 | 776,304 |
| Northrop Grumman Corp. | 400 | 213,316 |
| nVent Electric PLC - United | ||
| Kingdom | 10,000 | 400,100 |
| Quanta Services, Inc. | 5,500 | 824,340 |
| Republic Services, Inc. | 3,400 | 473,586 |
| WW Grainger, Inc. | 300 | 180,918 |
| 6,486,513 | ||
| Materials — 2.78% | ||
| Air Products and Chemicals, Inc. | 1,600 | 496,256 |
| Albemarle Corp. | 2,400 | 667,176 |
| Ashland Global Holdings, Inc. | 3,000 | 335,610 |
| Commercial Metals Co. | 1,000 | 49,220 |
| Corteva, Inc. | 8,500 | 570,860 |
| FMC Corp. | 1,000 | 130,640 |
| Warrior Met Coal, Inc. | 2,500 | 92,050 |
| 2,341,812 | ||
| Real Estate — 1.54% | ||
| CareTrust REIT, Inc. | 17,000 | 336,600 |
| Getty Realty Corp. | 5,000 | 165,100 |
| Omega Healthcare Investors, Inc. | 5,000 | 151,400 |
| Simon Property Group, Inc. | 2,500 | 298,600 |
| VICI Properties, Inc. | 10,000 | 342,000 |
| 1,293,700 | ||
| Technology — 24.77% | ||
| A10 Networks, Inc. | 20,000 | 374,200 |
| Agilysys, Inc.(a) | 8,000 | 531,200 |
| Amkor Technology, Inc. | 12,000 | 336,240 |
| Apple, Inc. | 35,000 | 5,181,049 |
| Arista Networks, Inc.(a) | 3,500 | 487,550 |
| Automatic Data Processing, Inc. | 4,975 | 1,314,097 |
|
COMMON STOCKS — 100.63% - continued Technology — 24.77% - continued |
Shares | Fair Value |
| Cadence Design Systems, Inc.(a) | 2,000 | $ 344,080 |
| Cohu, Inc.(a) | 12,500 | 447,750 |
| Fabrinet(a) | 1,800 | 240,138 |
| FactSet Research Systems, Inc. | 1,300 | 599,677 |
| Gartner, Inc.(a) | 1,000 | 350,370 |
|
International Business Machines Corp. |
2,200 |
327,580 |
| Jabil, Inc. | 8,000 | 577,520 |
| KLA Corp. | 900 | 353,835 |
| Lattice Semiconductor Corp.(a) | 5,500 | 400,565 |
|
MACOM Technology Solutions Holdings, Inc.(a) |
6,200 |
425,878 |
| Mastercard, Inc., Class A | 1,000 | 356,400 |
| Microsoft Corp. | 15,000 | 3,827,100 |
| NVIDIA Corp. | 4,000 | 676,920 |
| ON Semiconductor Corp.(a) | 8,000 | 601,600 |
| Paychex, Inc. | 6,000 | 744,180 |
| Progress Software Corp. | 9,000 | 479,880 |
| PTC, Inc.(a) | 4,300 | 547,003 |
| Sanmina Corp.(a) | 9,000 | 594,810 |
| Visa, Inc., Class A | 2,600 | 564,200 |
| Vishay Intertechnology, Inc. | 8,000 | 184,320 |
|
Utilities — 2.39% |
20,868,142 | |
| AES Corp. (The) | 10,000 | 289,200 |
| Constellation Energy Corp. | 7,000 | 672,840 |
| NextEra Energy, Inc. | 4,000 | 338,800 |
| NRG Energy, Inc. | 7,000 | 297,150 |
| Vistra Corp. | 17,000 | 413,610 |
| 2,011,600 | ||
| Total Common Stocks (Cost $74,724,885) | 84,765,291 | |
| MONEY MARKET FUNDS - 0.54% | ||
| First American Government Obligations Fund, Class X, 3.67%(b) | 455,113 | 455,113 |
| Total Money Market Funds (Cost $455,113) | 455,113 | |
| Total Investments — 101.17% (Cost $75,179,998) | 85,220,404 | |
| Liabilities in Excess of Other Assets — (1.17)% | (982,606) | |
| NET ASSETS — 100.00% | $ 84,237,798 | |
|
(a) Non-income producing security. (b) Rate disclosed is the seven day effective yield as of November 30, 2022. |