Large Company Value Portfolio

SCHEDULE OF INVESTMENTS

September 30, 2022 (unaudited)

Common Stocks (96.5%)	Shares/ Par +		Value $ (000’s)
Communication Services (4.5%)
Comcast Corp. - Class A		25,632		752
Verizon Communications, Inc.		97,273		3,693
The Walt Disney Co. *		16,847		1,589
Total				6,034
Consumer Discretionary (3.4%)
Advance Auto Parts, Inc.		8,917		1,394
Dollar Tree, Inc. *		14,736		2,006
Sodexo SA		15,346		1,154
Total				4,554
Consumer Staples (12.6%)
Colgate-Palmolive Co.		9,642		677
Conagra Brands, Inc.		80,366		2,622
Henkel AG & Co. KGaA		22,325		1,334
Kimberly-Clark Corp.		23,726		2,670
Koninklijke Ahold Delhaize NV		56,802		1,446
Mondelez International, Inc.		30,361		1,665
PepsiCo, Inc.		6,570		1,073
The Procter & Gamble Co.		6,233		787
Unilever PLC, ADR		62,693		2,749
Walmart, Inc.		13,906		1,804
Total				16,827
Energy (6.8%)
Baker Hughes		45,622		956
Chevron Corp.		6,799		977
ConocoPhillips		14,641		1,498
Exxon Mobil Corp.		40,337		3,522
TotalEnergies SE, ADR		44,921		2,090
Total				9,043
Financials (20.9%)
Aflac, Inc.		25,103		1,411
The Allstate Corp.		30,088		3,747
Ameriprise Financial, Inc.		6,261		1,577
The Bank of New York Mellon Corp.		88,708		3,417
Berkshire Hathaway, Inc. - Class B *		14,688		3,922
BlackRock, Inc.		2,805		1,544
Chubb, Ltd.		3,954		719
JPMorgan Chase & Co.		35,998		3,762
MetLife, Inc.		17,461		1,061
Northern Trust Corp.		15,869		1,358
Truist Financial Corp.		63,003		2,743
U.S. Bancorp		62,647		2,526
Total				27,787

Common Stocks (96.5%)	Shares/ Par +		Value $ (000’s)
Health Care (21.5%)
Becton Dickinson and Co.		5,767		1,285
Cigna Corp.		4,602		1,277
CVS Health Corp.		15,641		1,492
Henry Schein, Inc. *		25,832		1,699
Johnson & Johnson		37,018		6,047
Medtronic PLC		72,161		5,827
Merck & Co., Inc.		13,542		1,166
Pfizer, Inc.		29,590		1,295
Quest Diagnostics, Inc.		14,439		1,771
Roche Holding AG		3,477		1,134
Universal Health Services, Inc. - Class B		17,485		1,542
Zimmer Biomet Holdings, Inc.		39,904		4,172
Total				28,707
Industrials (10.1%)
Emerson Electric Co.		28,683		2,100
General Dynamics Corp.		3,826		812
Norfolk Southern Corp.		4,743		994
nVent Electric PLC		56,325		1,781
Oshkosh Corp.		21,401		1,504
Raytheon Technologies Corp.		44,900		3,676
Siemens AG		10,668		1,056
Southwest Airlines Co. *		48,359		1,491
Total				13,414
Information Technology (7.1%)
Applied Materials, Inc.		13,741		1,126
Automatic Data Processing, Inc.		3,037		687
Cisco Systems, Inc.		79,295		3,172
F5, Inc. *		12,596		1,823
TE Connectivity, Ltd.		13,493		1,489
Texas Instruments, Inc.		7,931		1,227
Total				9,524
Materials (2.7%)
Akzo Nobel NV		18,745		1,057
Packaging Corp. of America		12,361		1,388
Sonoco Products Co.		20,809		1,181
Total				3,626
Real Estate (0.8%)
Healthpeak Properties, Inc.		45,746		1,048
Total				1,048
Utilities (6.1%)
Duke Energy Corp.		16,961		1,578

Common Stocks (96.5%)	Shares/ Par +		Value $ (000’s)
Utilities continued
Edison International		20,822		1,178
Eversource Energy		14,238		1,110
Pinnacle West Capital Corp.		30,228		1,950
Xcel Energy, Inc.		35,504		2,272
Total				8,088
Total Common Stocks (Cost: $139,825)				128,652
Preferred Stocks (0.5%)
Consumer Discretionary (0.5%)
Volkswagen AG, 4.860%		5,813		718
Total				718
Total Preferred Stocks (Cost: $1,149)				718
Investment Companies (0.9%)
Investment Companies (0.9%)
iShares Russell 1000 Value ETF		8,523		1,159
Total				1,159
Total Investment Companies (Cost: $1,350)				1,159
Short-Term Investments (3.3%)
Money Market Funds (3.3%)
State Street Institutional U.S. Government Money Market Fund - Premier Class 2.940% #		4,420,020		4,420
Total				4,420
Total Short-Term Investments (Cost: $4,420)				4,420
Total Investments (101.2%) (Cost: $146,744)@				134,949
Other Assets, Less Liabilities (-1.2%)				(1,661)
Net Assets (100.0%)				133,288

Large Company Value Portfolio

Over the Counter Derivatives

Forward Foreign Currency Contracts

Type	Counterparty	Currency	Foreign Principal Amount Covered by Contract (000s)		USD Principal Amount Covered by Contract (000’s)		Settlement Date		Unrealized Appreciation (000’s)		Unrealized (Depreciation) (000’s)		Net Unrealized Appreciation/ (Depreciation) (000’s)
Buy	Morgan Stanley Capital Services, Inc.	CHF		53		54		12/30/2022	$	—P	$	—	$	—P
Sell	Morgan Stanley Capital Services, Inc.	CHF		1,015		1,038		12/30/2022		6		—		6
Buy	Goldman Sachs International	EUR		216		213		12/30/2022		4		—		4
Sell	Goldman Sachs International	EUR		7,885		7,783		12/30/2022		—		(36)		(36)
Buy	Bank of America NA	GBP		55		62		12/30/2022		2		—		2
Sell	Bank of America NA	GBP		2,216		2,478		12/30/2022		26		—		26
									$	38	$	(36)	$	2

	Financial Derivative Assets (000’s)					Financial Derivative Liabilities (000’s)
	Forward Foreign Currency Contracts		Swaps	Total		Forward Foreign Currency Contracts		Options	Swaps	Total
Total Over the Counter Derivatives	$	38	—	$	38	$	(36)	—	—	$        (36)

+ All par is stated in U.S. Dollar unless otherwise noted.

* Non income producing

# 7-Day yield as of 9/30/2022.

@ At September 30, 2022, the aggregate cost of investments, including derivatives, for federal tax purposes (in thousands) was $146,744 and the net unrealized depreciation of investments based on that cost was $11,793 which is comprised of $5,310 aggregate gross unrealized appreciation and $17,103 aggregate gross unrealized depreciation. Because tax adjustments are calculated annually, these amounts do not reflect tax adjustments. For the previous fiscal year’s federal income tax information, please refer to the Notes to the Financial Statements section in the Portfolio’s most recent annual report.

P Amount is less than one thousand.

Large Company Value Portfolio

The Fair Value Measurements and Disclosures Topic of the FASB Accounting Standards Codification defines fair value as the price that a Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. It establishes and requires disclosure of a fair value hierarchy, separately for each major category of asset and liability, which segregates fair value measurements into levels. A summary of the fair value hierarchy is described below:

Level 1 - fair value is determined by unadjusted quoted prices in active markets for identical securities or derivatives

Level 2 - fair value is determined by other significant observable inputs

Level 3 - fair value is determined by significant unobservable inputs

The categorization of a value determined for a financial instrument within the hierarchy is based upon the pricing transparency of the instrument and does not necessarily correspond to the Portfolio’s perceived risk of that instrument.

The following is a summary of the inputs used in valuing the Portfolio’s Investments at September 30, 2022.

	Valuation Inputs
Description		Level 1 - Quoted Prices		Level 2 - Other Significant Observable Inputs		Level 3 - Significant     Unobservable     Inputs
		(Amounts in thousands)
Assets:
Preferred Stocks		$	—	$	718	$	—
Common Stocks
Consumer Discretionary			3,400		1,154		—
Consumer Staples			14,047		2,780		—
Health Care			27,573		1,134		—
Industrials			12,358		1,056		—
Materials			2,569		1,057		—
All Others			61,524		—		—
Investment Companies			1,159		—		—
Short-Term Investments			4,420		—		—
Other Financial Instruments^
Forward Foreign Currency Contracts			—		38		—
Total Assets:		$	127,050	$	7,937	$	—
Liabilities:
Other Financial Instruments^
Forward Foreign Currency Contracts			—		(36)		—
Total Liabilities:		$	—	$	(36)	$	—

^ Other financial instruments are derivative instruments such as futures and forward foreign currency contracts, which are valued at the unrealized appreciation (depreciation) on the instrument, and securities sold short, reverse repurchase agreements, written options and swaps contracts, which are valued at market value.

Abbreviations

Abbreviations that may be used in the preceding statements

ADR	American Depositary Receipt
AFC	Available Funds Cap security - Security accrues interest at an assumed or uncapped rate. If the interest rate on the underlying loans is lower than the uncapped rate, then the security will pay at the lower rate.
CSTR	Collateral Strip Rate security - interest is based on the weighted net interest rate of the collateral.
EXE	Security receives collateral principal and interest paid which exceeds the amount of principal and income obligated to all bonds in the deal.
IO	Interest Only Security
PO	Principal Only Security
GDR	Global Depositary Receipt
GO	General Obligation
RB	Revenue Bond
CPURNSA	U.S. Consumer Price Index - All Urban Consumers - Not Seasonally Adjusted
LIBOR	London Interbank Offered Rate
SOFR	Secured Overnight Financing Rate
ICE	Intercontinental Exchange
SONIO	Sterling Overnight Interbank Average Rate
DAC	Designated Activity Company
TBA	To Be Announced
OIS	Overnight Index Swaps
DIFC	Dubai International Financial Centre
EURIBOR	Euro Interbank Offered Rate
SDR	Swedish Depository Receipt
ETF	Exchange Traded Fund
Currency Abbreviations
ARS	Argentine Peso
AUD	Australian Dollar
BRL	Brazilian Real
CAD	Canadian Dollar
CHF	Swiss Franc
CNH	Chinese Yuan Renminbi - Offshore
CNY	Chinese Yuan Renminbi
DKK	Danish Krone
EUR	Euro
GBP	British Pound
HKD	Hong Kong Dollar
IDR	Indonesian Rupiah
INR	Indian Rupee
JPY	Japanese Yen
KES	Kenyan Shilling
KRW	South Korean Won
MXN	Mexican New Peso
NOK	Norwegian Krone
NZD	New Zealand Dollar
PHP	Philippines Peso
RUB	Russian Ruble
SEK	Swedish Krona
THB	Thai Baht
TWD	Taiwan Dollar
USD	United States Dollar
ZAR	South African Rand