NPORT-EX 2 GB02GB123123.htm
TETON
Westwood
Balanced
Fund
Schedule
of
Investments—December
31,
2023
(Unaudited)
1
ap
Shares
Market
Value
COMMON
STOCKS
 —
65.3%
Air
Freight
and
Logistics
 —
1.3%
1,935‌
FedEx
Corp.
.......................................................
$
489,497‌
Automotive:
Parts
and
Accessories
 —
0.7%
281‌
O'Reilly
Automotive
Inc.†
.................................
266,973‌
Banking
 —
1.2%
13,091‌
Bank
of
America
Corp.
......................................
440,774‌
Business
Services
 —
1.3%
1,881‌
Visa
Inc.,
Cl. A
....................................................
489,718‌
Commercial
Services
and
Supplies
 —
0.6%
1,320‌
Waste
Management
Inc.
....................................
236,412‌
Computer
Hardware
 —
4.0%
7,789‌
Apple
Inc.
...........................................................
1,499,616‌
Computer
Software
and
Services
 —
11.1%
1,508‌
Accenture
plc,
Cl. A
...........................................
529,172‌
6,821‌
Alphabet
Inc.,
Cl. A†
.........................................
952,825‌
1,316‌
CACI
International
Inc.,
Cl. A†
.........................
426,200‌
1,151‌
Cadence
Design
Systems
Inc.†
.........................
313,498‌
3,918‌
Microsoft
Corp.
..................................................
1,473,325‌
1,793‌
Salesforce
Inc.†
...................................................
471,810‌
4,166,830‌
Consumer
Products
 —
0.6%
2,387‌
Church
&
Dwight
Co.
Inc.
................................
225,715‌
Consumer
Services
 —
2.3%
5,681‌
Amazon.com
Inc.†
.............................................
863,171‌
Diversified
Industrial
 —
1.6%
2,923‌
Honeywell
International
Inc.
............................
612,982‌
Electronics
 —
2.0%
5,727‌
Microchip
Technology
Inc.
................................
516,461‌
357‌
Monolithic
Power
Systems
Inc.
........................
225,188‌
741,649‌
Energy
and
Energy
Services
 —
0.9%
2,939‌
EOG
Resources
Inc.
...........................................
355,472‌
Energy:
Integrated
 —
2.1%
2,530‌
DTE
Energy
Co.
.................................................
278,958‌
3,652‌
NextEra
Energy
Inc.
..........................................
221,822‌
3,621‌
WEC
Energy
Group
Inc.
...................................
304,780‌
805,560‌
Energy:
Oil
 —
2.7%
2,535‌
Chevron
Corp.
...................................................
378,121‌
2,559‌
ConocoPhillips
...................................................
297,023‌
3,492‌
Exxon
Mobil
Corp.
............................................
349,130‌
1,024,274‌
Equipment
and
Supplies
 —
3.1%
2,333‌
Amphenol
Corp.,
Cl. A
.....................................
231,271‌
1,992‌
Danaher
Corp.
...................................................
460,829‌
1,488‌
Hubbell
Inc.
........................................................
489,448‌
1,181,548‌
Financial
Services
 —
6.6%
5,677‌
American
International
Group
Inc.
..................
384,617‌
1,460‌
Arthur
J.
Gallagher
&
Co.
.................................
328,325‌
Shares
Market
Value
1,033‌
Berkshire
Hathaway
Inc.,
Cl. B†
.......................
$
368,430‌
2,479‌
JPMorgan
Chase
&
Co.
......................................
421,678‌
1,113‌
The
Goldman
Sachs
Group
Inc.
........................
429,362‌
1,369‌
The
Progressive
Corp.
.......................................
218,054‌
7,117‌
Wells
Fargo
&
Co.
..............................................
350,298‌
2,500,764‌
Food
and
Beverage
 —
1.7%
1,737‌
PepsiCo
Inc.
........................................................
295,012‌
1,890‌
The
Hershey
Co.
................................................
352,372‌
647,384‌
Health
Care
 —
7.8%
6,304‌
Abbott
Laboratories
...........................................
693,881‌
2,042‌
Becton
Dickinson
&
Co.
....................................
497,901‌
4,776‌
Gilead
Sciences
Inc.
...........................................
386,904‌
4,708‌
Johnson
&
Johnson
............................................
737,932‌
1,201‌
UnitedHealth
Group
Inc.
..................................
632,290‌
2,948,908‌
Real
Estate
 —
3.4%
2,781‌
Prologis
Inc.,
REIT
.............................................
370,707‌
1,181‌
Public
Storage,
REIT
..........................................
360,205‌
4,258‌
Ventas
Inc.,
REIT
................................................
212,219‌
10,216‌
VICI
Properties
Inc.,
REIT
.................................
325,686‌
1,268,817‌
Retail
 —
6.3%
6,088‌
CVS
Health
Corp.
..............................................
480,709‌
2,713‌
Dollar
General
Corp.
.........................................
368,832‌
1,428‌
Domino's
Pizza
Inc.
...........................................
588,664‌
1,506‌
The
Home
Depot
Inc.
........................................
521,904‌
2,635‌
Walmart
Inc.
.......................................................
415,408‌
2,375,517‌
Semiconductors
 —
1.5%
1,121‌
NVIDIA
Corp.
....................................................
555,142‌
Telecommunications
 —
1.3%
1,503‌
Motorola
Solutions
Inc.
.....................................
470,574‌
Transportation
 —
1.2%
1,878‌
Union
Pacific
Corp.
............................................
461,275‌
TOTAL
COMMON
STOCKS
.........................
24,628,572‌
Principal
Amount
CORPORATE
BONDS
 —
28.8%
Aerospace
 —
0.7%
$
255,000‌
AerCap
Ireland
Capital
DAC/AerCap
Global
Aviation
Trust,
4.450%,
10/01/25
..............................................
250,419‌
Banking
 —
1.9%
750,000‌
Fifth
Third
Bancorp,
2.375%,
01/28/25
..............................................
725,799‌
Computer
Hardware
 —
0.8%
295,000‌
Dell
International
LLC/EMC
Corp.,
5.750%,
02/01/33
..............................................
311,249‌
Computer
Software
and
Services
 —
1.7%
250,000‌
Cloud
Software
Group
Inc.,
6.500%,
03/31/29
..............................................
238,412‌
TETON
Westwood
Balanced
Fund
Schedule
of
Investments
(Continued)—December
31,
2023
(Unaudited)
2
Principal
Amount
Market
Value
CORPORATE
BONDS
(Continued)
Computer
Software
and
Services
(Continued)
Oracle
Corp.
$
240,000‌
6.250%,
11/09/32
..............................................
$
261,583‌
135,000‌
6.900%,
11/09/52
..............................................
158,667‌
658,662‌
Consumer
Products
 —
0.5%
200,000‌
G-III
Apparel
Group
Ltd.,
7.875%,
08/15/25
..............................................
200,226‌
Diversified
Industrial
 —
1.7%
510,000‌
Cabot
Corp.,
4.000%,
07/01/29
..............................................
484,898‌
191,000‌
Jabil
Inc.,
1.700%,
04/15/26
..............................................
177,100‌
661,998‌
Energy
and
Energy
Services
 —
2.8%
Energy
Transfer
LP
330,000‌
7.125%(a)(b)
....................................................
304,913‌
250,000‌
6.000%,
02/01/29
..............................................
252,410‌
235,000‌
6.250%,
04/15/49
..............................................
244,134‌
260,000‌
Plains
All
American
Pipeline
LP/PAA
Finance
Corp.,
3.800%,
09/15/30
..............................................
239,740‌
1,041,197‌
Energy:
Oil
 —
1.6%
10,000‌
Civitas
Resources
Inc.,
8.375%,
07/01/28
..............................................
10,453‌
95,000‌
Diamondback
Energy
Inc.,
6.250%,
03/15/33
..............................................
101,673‌
275,000‌
MPLX
LP,
2.650%,
08/15/30
..............................................
237,821‌
259,000‌
Piedmont
Natural
Gas
Co.
Inc.,
5.050%,
05/15/52
..............................................
242,387‌
592,334‌
Financial
Services
 —
6.2%
210,000‌
Ally
Financial
Inc.,
(U.S.
Secured
Overnight
Financing
Rate
+
3.26%),
6.992%,
06/13/29(b)
.........................................
217,510‌
500,000‌
Bank
of
America
Corp.,
(U.S.
Secured
Overnight
Financing
Rate
+
1.21%),
2.572%,
10/20/32(b)
.........................................
415,550‌
500,000‌
Bank
of
Montreal,
MTN,
2.650%,
03/08/27
..............................................
471,309‌
405,000‌
Blue
Owl
Capital
Corp.,
3.400%,
07/15/26
..............................................
376,843‌
500,000‌
Citigroup
Inc.,
(U.S.
Secured
Overnight
Financing
Rate
+
1.28%),
3.070%,
02/24/28(b)
.........................................
471,655‌
370,000‌
HSBC
Holdings
plc,
(U.S.
Secured
Overnight
Financing
Rate
+
3.03%),
7.336%,
11/03/26(b)
.........................................
384,446‌
2,337,313‌
Food
and
Beverage
 —
1.4%
250,000‌
Pilgrim's
Pride
Corp.,
6.250%,
07/01/33
..............................................
257,571‌
380,000‌
The
J.M.
Smucker
Co.,
3.550%,
03/15/50
..............................................
281,628‌
539,199‌
Principal
Amount
Market
Value
Health
Care
 —
1.5%
$
375,000‌
Amgen
Inc.,
2.200%,
02/21/27
..............................................
$
349,062‌
250,000‌
CHS/Community
Health
Systems
Inc.,
5.250%,
05/15/30
..............................................
209,994‌
559,056‌
Real
Estate
 —
2.2%
150,000‌
Brixmor
Operating
Partnership
LP,
2.250%,
04/01/28
..............................................
133,488‌
200,000‌
Iron
Mountain
Inc.,
5.000%,
07/15/28
..............................................
192,440‌
250,000‌
MPT
Operating
Partnership
LP/MPT
Finance
Corp.,
4.625%,
08/01/29
..............................................
179,993‌
265,000‌
Realty
Income
Corp.,
2.850%,
12/15/32
..............................................
225,671‌
113,000‌
Vornado
Realty
LP,
3.400%,
06/01/31
..............................................
87,611‌
819,203‌
Retail
 —
2.4%
200,000‌
AutoZone
Inc.,
1.650%,
01/15/31
..............................................
162,651‌
800,000‌
CVS
Health
Corp.,
3.250%,
08/15/29
..............................................
746,277‌
908,928‌
Semiconductors
 —
0.6%
235,000‌
Broadcom
Inc.,
4.150%,
11/15/30
..............................................
224,919‌
Telecommunications
 —
0.5%
270,000‌
Charter
Communications
Operating
LLC/
Charter
Communications
Operating
Capital
Corp.,
3.700%,
04/01/51
..............................................
176,568‌
Transportation
 —
2.3%
875,000‌
AP
Moller
-
Maersk
A/S,
4.500%,
06/20/29
..............................................
862,994‌
TOTAL
CORPORATE
BONDS
.......................
10,870,064‌
CONVERTIBLE
CORPORATE
BONDS
 —
0.9%
Health
Care
 —
0.9%
325,000‌
Exact
Sciences
Corp.,
0.375%,
03/15/27
..............................................
316,062‌
U.S.
GOVERNMENT
OBLIGATIONS
 —
3.9%
U.S.
Treasury
Bonds
—
3.9%
365,000‌
2.500%,
02/15/45
..............................................
277,642‌
565,000‌
2.500%,
05/15/46
..............................................
425,041‌
285,000‌
2.250%,
08/15/46
..............................................
203,619‌
285,000‌
1.875%,
02/15/51
..............................................
181,766‌
55,000‌
2.250%,
02/15/52
..............................................
38,337‌
410,000‌
3.000%,
08/15/52
..............................................
337,033‌
1,463,438‌
TETON
Westwood
Balanced
Fund
Schedule
of
Investments
(Continued)—December
31,
2023
(Unaudited)
3
__________
Shares
Market
Value
SHORT
TERM
INVESTMENT
 —
1.1%
Other
Investment
Companies
 —
1.1%
420,269‌
Dreyfus
Treasury
Securities
Cash
Management,
5.250%*
....................................
$
420,269‌
TOTAL
INVESTMENTS
—
100.0%
(Cost
$35,282,597)
...........................................
$
37,698,405‌
†
Non-income
producing
security.
(a)
Security
is
perpetual
and
has
no
stated
maturity
date.
(b)
Variable
rate
security.
Security
may
be
issued
at
a
fixed
coupon
rate,
which
converts
to
a
variable
rate
at
a
specified
date.
Rate
shown
is
the
rate
in
effect
as
of
December
31,
2023.
*
1
day
yield
as
of
December
31,
2023.
MTN
Medium
Term
Note
REIT
Real
Estate
Investment
Trust