Alpha Opportunity Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 100.0%
Industrial - 19.5%
Boise Cascade Co.1		2,903	$	375,532
Acuity Brands, Inc.		1,818		372,381
Middleby Corp.*		2,420		356,152
Donaldson Company, Inc.1		5,436		355,242
TD SYNNEX Corp.1		3,262		351,024
Snap-on, Inc.1		1,197		345,742
Apogee Enterprises, Inc.1		6,114		326,549
Terex Corp.		4,952		284,542
International Seaways, Inc.		6,255		284,477
Carlisle Companies, Inc.		865		270,252
Garmin Ltd.		2,037		261,836
Mueller Industries, Inc.1		5,467		257,769
Brady Corp. — Class A		4,250		249,432
Teekay Corp.*		30,638		219,062
AGCO Corp.		1,774		215,381
UFP Industries, Inc.		1,513		189,957
Owens Corning		1,189		176,246
Encore Wire Corp.1		825		176,220
Scorpio Tankers, Inc.		2,772		168,538
Argan, Inc.1		3,541		165,683
Keysight Technologies, Inc.*		1,023		162,749
Ardmore Shipping Corp.		10,275		144,775
Huntington Ingalls Industries, Inc.		545		141,504
EnerSys		1,390		140,334
Atkore, Inc.*,1		868		138,880
Teekay Tankers Ltd. — Class A		2,451		122,476
Vontier Corp.		3,465		119,716
Lindsay Corp.		788		101,778
Builders FirstSource, Inc.*		599		99,997
Griffon Corp.		1,442		87,890
A O Smith Corp.		1,004		82,770
Insteel Industries, Inc.		1,879		71,947
Total Industrial				6,816,833
Consumer, Cyclical - 18.4%
Toll Brothers, Inc.		3,813		391,938
NVR, Inc.*,1		53		371,024
Allison Transmission Holdings, Inc.1		5,979		347,679
MSC Industrial Direct Company, Inc. — Class A1		3,416		345,904
Meritage Homes Corp.		1,968		342,826
DR Horton, Inc.1		2,252		342,259
PulteGroup, Inc.1		3,233		333,710
Brunswick Corp.		3,446		333,400
Starbucks Corp.		3,433		329,602
Cummins, Inc.		1,202		287,963
Monarch Casino & Resort, Inc.		3,793		262,286
M/I Homes, Inc.*,1		1,856		255,646
Polaris, Inc.		2,604		246,781
Standard Motor Products, Inc.1		5,912		235,357
KB Home		3,270		204,244
Lennar Corp. — Class A1		1,259		187,641
Taylor Morrison Home Corp. — Class A*		3,500		186,725
AutoNation, Inc.*		1,152		173,008
PACCAR, Inc.		1,739		169,813
General Motors Co.		4,231		151,978
Gentex Corp.		4,528		147,884
Tri Pointe Homes, Inc.*,1		3,342		118,307
BorgWarner, Inc.		2,803		100,487
MasterCraft Boat Holdings, Inc.*,1		4,354		98,575
Patrick Industries, Inc.		959		96,236
Malibu Boats, Inc. — Class A*,1		1,735		95,113
Golden Entertainment, Inc.		2,142		85,530
Ethan Allen Interiors, Inc.1		2,426		77,438
Home Depot, Inc.1		206		71,389
Caleres, Inc.		2,136		65,639
Total Consumer, Cyclical				6,456,382
Consumer, Non-cyclical - 16.8%
Incyte Corp.*,1		6,033		378,812
Viatris, Inc.		34,938		378,379
Gilead Sciences, Inc.1		4,297		348,100
Merck & Company, Inc.		3,175		346,139
Ingredion, Inc.		3,134		340,133
Hologic, Inc.*		4,721		337,315
Johnson & Johnson		2,095		328,370
Bristol-Myers Squibb Co.1		6,321		324,331
Pfizer, Inc.1		10,728		308,859
Innoviva, Inc.*		16,659		267,210
Premier, Inc. — Class A		10,895		243,612
Exelixis, Inc.*,1		8,862		212,599
Biogen, Inc.*,1		804		208,051
United Therapeutics Corp.*		932		204,938
Perdoceo Education Corp.		9,989		175,407
Dynavax Technologies Corp.*,1		12,181		170,290
Royalty Pharma plc — Class A		6,029		169,355
PayPal Holdings, Inc.*,1		1,867		114,652
Molina Healthcare, Inc.*		311		112,368
Humana, Inc.1		227		103,923
Centene Corp.*,1		1,335		99,070
Baxter International, Inc.		2,558		98,892
Cross Country Healthcare, Inc.*,1		4,082		92,417
Organon & Co.		5,684		81,963
Alarm.com Holdings, Inc.*		1,180		76,252
Neurocrine Biosciences, Inc.*		573		75,498
Thermo Fisher Scientific, Inc.		135		71,657
Alkermes plc*		2,580		71,569
Supernus Pharmaceuticals, Inc.*		2,385		69,022
Halozyme Therapeutics, Inc.*		1,653		61,095
Total Consumer, Non-cyclical				5,870,278
Communications - 12.5%
InterDigital, Inc.		3,296		357,748
Cisco Systems, Inc.1		6,978		352,529
Yelp, Inc. — Class A*		7,393		349,985
Fox Corp. — Class A1		10,566		313,493
Juniper Networks, Inc.1		10,432		307,535
T-Mobile US, Inc.		1,893		303,505
VeriSign, Inc.*		1,469		302,555
AT&T, Inc.1		17,379		291,620
Verizon Communications, Inc.1		7,576		285,615
TEGNA, Inc.		16,651		254,760
IDT Corp. — Class B*		6,365		216,983
eBay, Inc.1		4,125		179,932
Meta Platforms, Inc. — Class A*,1		474		167,777
Ooma, Inc.*		12,413		133,191
Shutterstock, Inc.1		2,745		132,529
Ciena Corp.*		2,588		116,486

Alpha Opportunity Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 100.0% (continued)
Communications - 12.5% (continued)
Gogo, Inc.*		9,879	$	100,074
Cargurus, Inc.*		3,050		73,688
Spok Holdings, Inc.		4,623		71,564
A10 Networks, Inc.1		5,265		69,340
Total Communications				4,380,909
Technology - 9.9%
QUALCOMM, Inc.		2,594		375,170
Amdocs Ltd.		3,924		344,880
International Business Machines Corp.1		2,077		339,693
Dropbox, Inc. — Class A*,1		9,743		287,224
Cirrus Logic, Inc.*		3,021		251,317
Genpact Ltd.		6,955		241,408
Microsoft Corp.		561		210,958
Photronics, Inc.*		6,412		201,144
Immersion Corp.		27,883		196,854
Hewlett Packard Enterprise Co.1		11,124		188,886
Insight Enterprises, Inc.*		929		164,610
Skyworks Solutions, Inc.1		1,438		161,660
Amkor Technology, Inc.		2,861		95,186
Applied Materials, Inc.		572		92,704
NetApp, Inc.		1,034		91,158
Veradigm, Inc.*,1		8,352		87,612
Bandwidth, Inc. — Class A*		5,774		83,550
DXC Technology Co.*		2,822		64,539
Total Technology				3,478,553
Financial - 9.2%
Ambac Financial Group, Inc.*		22,515		371,087
MGIC Investment Corp.1		18,763		361,938
Essent Group Ltd.		6,774		357,261
Radian Group, Inc.		12,362		352,935
Equity Commonwealth REIT		17,461		335,251
Interactive Brokers Group, Inc. — Class A		2,833		234,856
International Bancshares Corp.		3,540		192,293
Jackson Financial, Inc. — Class A		3,673		188,057
Walker & Dunlop, Inc.		1,584		175,840
Enact Holdings, Inc.1		5,971		172,502
SouthState Corp.1		2,025		171,011
Mr Cooper Group, Inc.*		2,259		147,106
Affiliated Managers Group, Inc.		590		89,338
Preferred Bank/Los Angeles CA		1,020		74,511
Total Financial				3,223,986
Energy - 6.2%
Valero Energy Corp.1		2,657		345,410
Marathon Petroleum Corp.1		2,226		330,249
EOG Resources, Inc.		2,719		328,863
Cheniere Energy, Inc.1		1,692		288,841
CNX Resources Corp.*,1		8,242		164,840
PBF Energy, Inc. — Class A		3,585		157,597
Liberty Energy, Inc. — Class A		8,518		154,516
CVR Energy, Inc.1		4,877		147,773
SandRidge Energy, Inc.1		9,056		123,796
NOW, Inc.*		6,527		73,886
SolarEdge Technologies, Inc.*		787		73,663
Total Energy				2,189,434
Utilities - 5.7%
PPL Corp.		12,581		340,945
Atmos Energy Corp.1		2,915		337,849
Evergy, Inc.		6,445		336,429
Xcel Energy, Inc.1		5,419		335,490
National Fuel Gas Co.		6,490		325,603
Public Service Enterprise Group, Inc.		5,234		320,059
Total Utilities				1,996,375
Basic Materials - 1.4%
NewMarket Corp.1		625		341,144
Sylvamo Corp.		2,673		131,271
Total Basic Materials				472,415
Government - 0.4%
Banco Latinoamericano de Comercio Exterior S.A. — Class E		6,306		156,010
Total Common Stocks
(Cost $32,059,404)				35,041,175
MONEY MARKET FUND† - 4.6%
Goldman Sachs Financial Square Treasury Instruments Fund — Institutional Shares, 5.21%2		1,625,776		1,625,776
Total Money Market Fund
(Cost $1,625,776)				1,625,776
Total Investments - 104.6%
(Cost $33,685,180)			$	36,666,951
Other Assets & Liabilities, net - (4.6)%				(1,615,248	)
Total Net Assets - 100.0%			$	35,051,703

Custom Basket Swap Agreements        

Counterparty	Reference Obligation	Type	Financing Rate	Payment Frequency	Maturity Date	Notional Amount		Value and Unrealized Appreciation (Depreciation)
OTC Custom Basket Swap Agreements††
Morgan Stanley Capital Services LLC	MS Equity Custom Basket	Pay	5.73% (Federal Funds Rate + 0.40%)	At Maturity	02/01/24	$	9,647,956	$	939,585
Goldman Sachs International	GS Equity Custom Basket	Pay	5.78% (Federal Funds Rate + 0.45%)	At Maturity	05/06/24		9,303,020		929,256
						$	18,950,976	$	1,868,841
OTC Custom Basket Swap Agreements Sold Short††
Morgan Stanley Capital Services LLC	MS Equity Custom Basket	Receive	5.03% (Federal Funds Rate - 0.30%)	At Maturity	02/01/24	$	18,910,235	$	(1,335,699	)
Goldman Sachs International	GS Equity Custom Basket	Receive	5.13% (Federal Funds Rate - 0.20%)	At Maturity	05/06/24		18,910,235		(1,347,442	)
						$	37,820,470	$	(2,683,141	)

Alpha Opportunity Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

MS EQUITY LONG CUSTOM BASKET
	Shares		Percentage Notional Amount			Value and Unrealized Appreciation (Depreciation)
Industrial
Boise Cascade Co.		781		1.03	%	$	40,700
Mueller Industries, Inc.		1,472		0.72	%		22,333
Snap-on, Inc.		322		0.96	%		21,117
Acuity Brands, Inc.		489		1.04	%		17,322
UFP Industries, Inc.		407		0.53	%		16,836
TD SYNNEX Corp.		878		0.98	%		11,593
Terex Corp.		1,333		0.79	%		11,382
Encore Wire Corp.		222		0.49	%		10,250
Scorpio Tankers, Inc.		746		0.47	%		9,604
Apogee Enterprises, Inc.		1,646		0.91	%		9,537
Owens Corning		320		0.49	%		9,328
Donaldson Company, Inc.		1,464		0.99	%		8,938
Middleby Corp.		652		0.99	%		8,821
Builders FirstSource, Inc.		161		0.28	%		7,192
Teekay Corp.		8,249		0.61	%		7,074
Atkore, Inc.		234		0.39	%		6,859
Teekay Tankers Ltd. — Class A		660		0.34	%		6,489
Argan, Inc.		953		0.46	%		6,069
Keysight Technologies, Inc.		275		0.45	%		5,974
International Seaways, Inc.		1,684		0.79	%		5,608
Ardmore Shipping Corp.		2,766		0.40	%		5,255
Carlisle Companies, Inc.		233		0.75	%		5,075
Griffon Corp.		388		0.25	%		4,449
EnerSys		374		0.39	%		3,544
Huntington Ingalls Industries, Inc.		147		0.40	%		2,781
Insteel Industries, Inc.		506		0.20	%		2,674
Garmin Ltd.		548		0.73	%		2,389
Brady Corp. — Class A		1,144		0.70	%		1,944
AGCO Corp.		478		0.60	%		1,662
A O Smith Corp.		270		0.23	%		1,460
Vontier Corp.		933		0.33	%		273
Lindsay Corp.		212		0.28	%		(1,913	)
Total Industrial							272,619
Communications
InterDigital, Inc.		887		1.00	%		23,466
IDT Corp. — Class B		1,714		0.61	%		17,889
AT&T, Inc.		4,679		0.81	%		8,881
Yelp, Inc. — Class A		1,990		0.98	%		7,445
T-Mobile US, Inc.		510		0.85	%		7,184
Verizon Communications, Inc.		2,040		0.80	%		6,158
Juniper Networks, Inc.		2,809		0.86	%		6,045
Meta Platforms, Inc. — Class A		128		0.47	%		5,158
eBay, Inc.		1,111		0.50	%		5,116
Shutterstock, Inc.		739		0.37	%		4,903
A10 Networks, Inc.		1,417		0.19	%		2,231
Cargurus, Inc.		821		0.21	%		1,842
Cisco Systems, Inc.		1,879		0.98	%		307
TEGNA, Inc.		4,483		0.71	%		216
Gogo, Inc.		2,660		0.28	%		(1,129	)
Ciena Corp.		697		0.33	%		(1,266	)
Spok Holdings, Inc.		1,245		0.20	%		(1,395	)
VeriSign, Inc.		395		0.84	%		(1,692	)
Fox Corp. — Class A		3,240		1.00	%		(3,384	)
Ooma, Inc.		3,342		0.37	%		(4,005	)
Total Communications							83,970
Financial
MGIC Investment Corp.		5,053		1.01	%		24,590
Ambac Financial Group, Inc.		6,061		1.04	%		20,604
Essent Group Ltd.		1,824		1.00	%		16,156
SouthState Corp.		545		0.48	%		9,875
International Bancshares Corp.		953		0.54	%		9,362
Walker & Dunlop, Inc.		426		0.49	%		8,528
Radian Group, Inc.		3,328		0.98	%		8,015
Preferred Bank/Los Angeles CA		275		0.21	%		7,397
Jackson Financial, Inc. — Class A		989		0.52	%		2,921
Interactive Brokers Group, Inc. — Class A		763		0.66	%		2,892
Affiliated Managers Group, Inc.		159		0.25	%		2,236
Enact Holdings, Inc.		1,608		0.48	%		1,541
Mr Cooper Group, Inc.		608		0.41	%		1,274
Equity Commonwealth		4,701		0.94	%		134
Total Financial							115,525
Consumer, Non-cyclical
Perdoceo Education Corp.		2,689		0.49	%		18,856
Innoviva, Inc.		4,485		0.75	%		17,522
Exelixis, Inc.		2,386		0.59	%		15,562
Viatris, Inc.		9,406		1.06	%		10,936
Dynavax Technologies Corp.		3,280		0.48	%		6,834
Premier, Inc. — Class A		2,933		0.68	%		5,946
Merck & Company, Inc.		855		0.97	%		4,831
Biogen, Inc.		216		0.58	%		4,693
Gilead Sciences, Inc.		1,157		0.97	%		3,578
Neurocrine Biosciences, Inc.		154		0.21	%		2,381
Alarm.com Holdings, Inc.		318		0.21	%		2,365
Molina Healthcare, Inc.		84		0.31	%		2,135
Ingredion, Inc.		844		0.95	%		2,043
Centene Corp.		360		0.28	%		1,962
Alkermes plc		695		0.20	%		1,752
Hologic, Inc.		1,271		0.94	%		1,382
Baxter International, Inc.		689		0.28	%		1,219
Thermo Fisher Scientific, Inc.		36		0.20	%		1,214
PayPal Holdings, Inc.		503		0.32	%		987
Supernus Pharmaceuticals, Inc.		642		0.19	%		568
Humana, Inc.		61		0.29	%		(573	)
Cross Country Healthcare, Inc.		1,099		0.26	%		(866	)
United Therapeutics Corp.		251		0.57	%		(891	)
Johnson & Johnson		564		0.92	%		(1,284	)
Halozyme Therapeutics, Inc.		445		0.17	%		(1,341	)
Royalty Pharma plc — Class A		1,623		0.47	%		(2,519	)
Organon & Co.		1,530		0.23	%		(3,799	)
Incyte Corp.		1,624		1.06	%		(3,895	)
Pfizer, Inc.		3,316		0.99	%		(8,063	)
Bristol-Myers Squibb Co.		1,911		1.02	%		(17,959	)
Total Consumer, Non-cyclical							65,576

Alpha Opportunity Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Percentage Notional Amount			Value and Unrealized Appreciation (Depreciation)
Consumer, Cyclical
Toll Brothers, Inc.		1,027		1.09	%	$	31,721
Meritage Homes Corp.		530		0.96	%		25,405
M/I Homes, Inc.		500		0.71	%		24,996
PulteGroup, Inc.		871		0.93	%		22,070
Allison Transmission Holdings, Inc.		1,610		0.97	%		21,727
DR Horton, Inc.		606		0.95	%		20,209
Brunswick Corp.		928		0.93	%		18,841
NVR, Inc.		14		1.02	%		14,888
MSC Industrial Direct Company, Inc. — Class A		920		0.97	%		12,237
KB Home		880		0.57	%		12,178
Lennar Corp. — Class A		339		0.52	%		11,060
Taylor Morrison Home Corp. — Class A		942		0.52	%		10,271
Tri Pointe Homes, Inc.		900		0.33	%		6,635
Standard Motor Products, Inc.		1,592		0.66	%		6,410
PACCAR, Inc.		468		0.47	%		6,256
Cummins, Inc.		648		1.61	%		6,159
Patrick Industries, Inc.		258		0.27	%		3,621
AutoNation, Inc.		310		0.48	%		3,481
Monarch Casino & Resort, Inc.		1,021		0.73	%		3,233
Home Depot, Inc.		56		0.20	%		3,030
General Motors Co.		1,139		0.42	%		3,023
Ethan Allen Interiors, Inc.		653		0.22	%		2,418
Gentex Corp.		1,219		0.41	%		2,062
Golden Entertainment, Inc.		577		0.24	%		1,488
BorgWarner, Inc.		755		0.28	%		1,080
Malibu Boats, Inc. — Class A		467		0.27	%		553
Caleres, Inc.		575		0.18	%		(500	)
Starbucks Corp.		924		0.92	%		(1,571	)
MasterCraft Boat Holdings, Inc.		1,172		0.28	%		(1,924	)
Polaris, Inc.		701		0.69	%		(10,430	)
Total Consumer, Cyclical							260,627
Technology
Photronics, Inc.		1,726		0.56	%		18,857
International Business Machines Corp.		559		0.95	%		11,015
QUALCOMM, Inc.		698		1.05	%		10,665
Skyworks Solutions, Inc.		387		0.45	%		8,890
Amdocs Ltd.		1,057		0.96	%		6,576
Dropbox, Inc. — Class A		2,623		0.80	%		5,288
Cirrus Logic, Inc.		813		0.70	%		5,154
Hewlett Packard Enterprise Co.		2,995		0.53	%		4,192
Bandwidth, Inc. — Class A		1,555		0.23	%		4,132
Microsoft Corp.		151		0.59	%		4,093
Amkor Technology, Inc.		770		0.27	%		3,767
Insight Enterprises, Inc.		250		0.46	%		2,896
Applied Materials, Inc.		154		0.26	%		2,237
Immersion Corp.		7,507		0.55	%		1,490
Genpact Ltd.		1,873		0.67	%		(200	)
NetApp, Inc.		278		0.25	%		(545	)
DXC Technology Co.		760		0.18	%		(649	)
Veradigm, Inc.		2,249		0.24	%		(4,923	)
Total Technology							82,935
Utilities
Evergy, Inc.		3,470		1.88	%		4,861
Public Service Enterprise Group, Inc.		1,409		0.89	%		3,412
Atmos Energy Corp.		785		0.94	%		3,161
PPL Corp.		3,387		0.95	%		2,125
Xcel Energy, Inc.		1,459		0.94	%		938
National Fuel Gas Co.		1,747		0.91	%		(7,309	)
Total Utilities							7,188
Energy
Marathon Petroleum Corp.		599		0.92	%		10,646
Cheniere Energy, Inc.		455		0.81	%		8,038
Valero Energy Corp.		715		0.96	%		7,807
PBF Energy, Inc. — Class A		965		0.44	%		2,513
SolarEdge Technologies, Inc.		212		0.21	%		1,816
NOW, Inc.		1,757		0.21	%		1,358
EOG Resources, Inc.		732		0.92	%		(1,494	)
CVR Energy, Inc.		1,313		0.41	%		(1,631	)
Liberty Energy, Inc. — Class A		2,293		0.43	%		(4,471	)
CNX Resources Corp.		2,219		0.46	%		(4,888	)
SandRidge Energy, Inc.		2,438		0.35	%		(5,187	)
Total Energy							14,507
Basic Materials
NewMarket Corp.		168		0.95	%		33,330
Sylvamo Corp.		720		0.37	%		(2,406	)
Total Basic Materials							30,924
Government
Banco Latinoamericano de Comercio Exterior S.A. — Class E		2,234		0.57	%		5,714
Total MS Equity Long Custom Basket						$	939,585
MS EQUITY SHORT CUSTOM BASKET
Utilities
AES Corp.		14,264		(1.45	)%		20,200
Portland General Electric Co.		6,053		(1.39	)%		19,523
California Water Service Group		4,899		(1.34	)%		(4,990	)
PG&E Corp.		14,650		(1.40	)%		(10,340	)
Southwest Gas Holdings, Inc.		4,199		(1.41	)%		(15,994	)
Eversource Energy		4,206		(1.37	)%		(20,342	)
UGI Corp.		11,262		(1.47	)%		(21,702	)
Total Utilities							(33,645	)
Consumer, Non-cyclical
TreeHouse Foods, Inc.		5,314		(1.16	)%		30,078
Avis Budget Group, Inc.		541		(0.51	)%		9,588
Grocery Outlet Holding Corp.		3,193		(0.46	)%		7,242
Clorox Co.		1,276		(0.96	)%		1,632
GE HealthCare Technologies, Inc.		0		0.00	%		(2	)
Utz Brands, Inc.		11,542		(0.99	)%		(9,198	)
Booz Allen Hamilton Holding Corp.		1,006		(0.68	)%		(10,495	)
RB Global, Inc.		2,582		(0.91	)%		(12,414	)
ICF International, Inc.		608		(0.43	)%		(14,918	)

Alpha Opportunity Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Percentage Notional Amount			Value and Unrealized Appreciation (Depreciation)
Cintas Corp.		326		(1.04	)%	$	(16,092	)
Insmed, Inc.		4,399		(0.72	)%		(18,624	)
U-Haul Holding Co.		1,415		(0.54	)%		(18,734	)
TransUnion		2,240		(0.81	)%		(19,365	)
Neogen Corp.		10,370		(1.10	)%		(25,337	)
Affirm Holdings, Inc.		1,125		(0.29	)%		(27,699	)
Pilgrim's Pride Corp.		8,840		(1.29	)%		(32,667	)
Rollins, Inc.		5,788		(1.34	)%		(34,544	)
Equifax, Inc.		1,149		(1.50	)%		(55,531	)
Total Consumer, Non-cyclical							(247,080	)
Financial
Kennedy-Wilson Holdings, Inc.		21,403		(1.40	)%		76,942
Sun Communities, Inc.		1,690		(1.19	)%		59,868
Americold Realty Trust, Inc.		7,705		(1.23	)%		25,642
Rexford Industrial Realty, Inc.		3,442		(1.02	)%		18,472
American Tower Corp. — Class A		749		(0.86	)%		16,156
New York Mortgage Trust, Inc.		18,564		(0.84	)%		10,083
Raymond James Financial, Inc.		1,626		(0.96	)%		6,325
UMH Properties, Inc.		9,929		(0.80	)%		3,542
Ellington Financial, Inc.		12,440		(0.84	)%		3,015
COPT Defense Properties		2,025		(0.27	)%		(216	)
Equinix, Inc.		265		(1.13	)%		(1,479	)
Alexander & Baldwin, Inc.		8,291		(0.83	)%		(2,252	)
Veris Residential, Inc.		6,615		(0.55	)%		(3,785	)
Invitation Homes, Inc.		2,899		(0.52	)%		(6,110	)
Rayonier, Inc.		4,360		(0.77	)%		(9,473	)
Apartment Investment and Management Co. — Class A		18,381		(0.76	)%		(11,361	)
PotlatchDeltic Corp.		3,807		(0.99	)%		(11,827	)
Ventas, Inc.		1,876		(0.49	)%		(14,339	)
Digital Realty Trust, Inc.		1,314		(0.94	)%		(16,876	)
Brighthouse Financial, Inc.		4,811		(1.35	)%		(18,798	)
Air Lease Corp. — Class A		3,653		(0.81	)%		(22,201	)
Carlyle Group, Inc.		4,770		(1.03	)%		(25,202	)
BOK Financial Corp.		3,371		(1.53	)%		(25,228	)
Welltower, Inc.		2,489		(1.19	)%		(29,569	)
TFS Financial Corp.		18,617		(1.45	)%		(29,801	)
Citigroup, Inc.		4,151		(1.13	)%		(30,784	)
Marcus & Millichap, Inc.		4,838		(1.12	)%		(38,291	)
Jones Lang LaSalle, Inc.		1,239		(1.24	)%		(40,349	)
Howard Hughes Holdings, Inc.		2,950		(1.33	)%		(49,157	)
Popular, Inc.		3,333		(1.45	)%		(50,690	)
CBRE Group, Inc. — Class A		3,139		(1.55	)%		(67,426	)
PennyMac Financial Services, Inc.		2,688		(1.26	)%		(67,906	)
KKR & Company, Inc. — Class A		3,413		(1.50	)%		(88,171	)
Total Financial							(441,246	)
Basic Materials
Piedmont Lithium, Inc.		5,791		(0.86	)%		72,598
Hecla Mining Co.		25,907		(0.66	)%		25,898
Kaiser Aluminum Corp.		2,172		(0.82	)%		13,161
Novagold Resources, Inc.		34,156		(0.68	)%		12,948
Compass Minerals International, Inc.		3,237		(0.43	)%		(2,209	)
Tronox Holdings plc — Class A		7,332		(0.55	)%		(5,883	)
ATI, Inc.		2,051		(0.49	)%		(6,540	)
Schnitzer Steel Industries, Inc. — Class A		2,819		(0.45	)%		(10,536	)
Linde plc		630		(1.37	)%		(13,156	)
Element Solutions, Inc.		7,895		(0.97	)%		(17,318	)
Celanese Corp. — Class A		1,462		(1.20	)%		(19,932	)
Chemours Co.		4,811		(0.80	)%		(26,244	)
Ecolab, Inc.		1,093		(1.15	)%		(30,237	)
Carpenter Technology Corp.		1,679		(0.63	)%		(39,595	)
Stepan Co.		2,996		(1.50	)%		(57,734	)
Century Aluminum Co.		17,390		(1.12	)%		(86,651	)
Total Basic Materials							(191,430	)
Consumer, Cyclical
Life Time Group Holdings, Inc.		6,210		(0.50	)%		7,159
Topgolf Callaway Brands Corp.		14,533		(1.10	)%		3,464
Walgreens Boots Alliance, Inc.		8,633		(1.19	)%		(226	)
Tesla, Inc.		218		(0.29	)%		(2,942	)
Allegiant Travel Co. — Class A		1,043		(0.46	)%		(9,480	)
Floor & Decor Holdings, Inc. — Class A		1,346		(0.79	)%		(17,805	)
Lithia Motors, Inc. — Class A		411		(0.72	)%		(18,584	)
Shake Shack, Inc. — Class A		2,095		(0.82	)%		(20,657	)
CarMax, Inc.		2,862		(1.16	)%		(33,787	)
Total Consumer, Cyclical							(92,858	)
Energy
NOV, Inc.		6,594		(0.71	)%		11,786
Noble Corporation plc		1,967		(0.50	)%		1,230
Dril-Quip, Inc.		4,007		(0.49	)%		(3,603	)
Sitio Royalties Corp. — Class A		3,517		(0.44	)%		(5,109	)
TechnipFMC plc		8,974		(0.96	)%		(7,755	)
Valaris Ltd.		3,277		(1.19	)%		(10,412	)
Archrock, Inc.		11,180		(0.91	)%		(29,292	)
Total Energy							(43,155	)
Industrial
Knight-Swift Transportation Holdings, Inc.		1,876		(0.57	)%		(1,340	)
Werner Enterprises, Inc.		2,277		(0.51	)%		(2,979	)
RXO, Inc.		5,971		(0.73	)%		(7,998	)
Stericycle, Inc.		1,923		(0.50	)%		(8,848	)
GATX Corp.		1,567		(1.00	)%		(11,275	)
Vulcan Materials Co.		915		(1.10	)%		(16,632	)
Trinity Industries, Inc.		9,425		(1.33	)%		(30,811	)
Casella Waste Systems, Inc. — Class A		2,959		(1.34	)%		(41,299	)
Boeing Co.		848		(1.17	)%		(57,768	)
Total Industrial							(178,950	)
Technology
KBR, Inc.		2,562		(0.75	)%		15,014
Paycor HCM, Inc.		9,710		(1.11	)%		9,023

Alpha Opportunity Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Percentage Notional Amount			Value and Unrealized Appreciation (Depreciation)
Ceridian HCM Holding, Inc.		2,884		(1.02	)%	$	(7,536	)
Parsons Corp.		2,484		(0.82	)%		(19,342	)
Evolent Health, Inc. — Class A		5,729		(1.00	)%		(27,005	)
HashiCorp, Inc. — Class A		7,346		(0.92	)%		(33,211	)
Braze, Inc. — Class A		3,651		(1.03	)%		(36,213	)
Total Technology							(99,270	)
Communications
DoorDash, Inc. — Class A		351		(0.18	)%		(3,642	)
Roku, Inc.		326		(0.16	)%		(4,423	)
Total Communications							(8,065	)
Total MS Equity Short Custom Basket						$	(1,335,699	)

Alpha Opportunity Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

GS EQUITY LONG CUSTOM BASKET
	Shares		Percentage Notional Amount			Value and Unrealized Appreciation (Depreciation)
Industrial
Boise Cascade Co.		781		1.06	%	$	40,732
Mueller Industries, Inc.		1,472		0.75	%		22,341
Snap-on, Inc.		322		1.00	%		21,105
Acuity Brands, Inc.		489		1.08	%		17,426
UFP Industries, Inc.		407		0.55	%		16,832
TD SYNNEX Corp.		878		1.02	%		11,809
Terex Corp.		1,333		0.82	%		11,704
Encore Wire Corp.		222		0.51	%		10,242
Scorpio Tankers, Inc.		746		0.49	%		9,630
Apogee Enterprises, Inc.		1,646		0.94	%		9,518
Owens Corning		320		0.51	%		9,451
Donaldson Company, Inc.		1,464		1.03	%		9,014
Middleby Corp.		652		1.03	%		8,855
Builders FirstSource, Inc.		161		0.29	%		7,239
Teekay Corp.		8,249		0.63	%		6,967
Atkore, Inc.		234		0.40	%		6,850
Teekay Tankers Ltd. — Class A		660		0.35	%		6,450
Argan, Inc.		953		0.48	%		6,180
Keysight Technologies, Inc.		275		0.47	%		5,997
International Seaways, Inc.		1,684		0.82	%		5,467
Carlisle Companies, Inc.		233		0.78	%		5,166
Ardmore Shipping Corp.		2,766		0.42	%		5,131
Griffon Corp.		388		0.25	%		4,427
EnerSys		374		0.41	%		3,552
Huntington Ingalls Industries, Inc.		147		0.41	%		2,873
Insteel Industries, Inc.		506		0.21	%		2,636
Garmin Ltd.		548		0.76	%		2,453
Brady Corp. — Class A		1,144		0.72	%		1,899
AGCO Corp.		478		0.62	%		1,620
A O Smith Corp.		270		0.24	%		1,465
Vontier Corp.		933		0.35	%		284
Lindsay Corp.		212		0.29	%		(1,878	)
Total Industrial							273,437
Communications
InterDigital, Inc.		887		1.03	%		23,535
IDT Corp. — Class B		1,714		0.63	%		17,843
AT&T, Inc.		4,679		0.84	%		8,857
Yelp, Inc. — Class A		1,990		1.01	%		7,363
T-Mobile US, Inc.		510		0.88	%		7,149
Verizon Communications, Inc.		2,040		0.83	%		6,030
Juniper Networks, Inc.		2,809		0.89	%		6,029
Meta Platforms, Inc. — Class A		128		0.49	%		5,195
eBay, Inc.		1,111		0.52	%		5,041
Shutterstock, Inc.		739		0.38	%		4,930
A10 Networks, Inc.		1,417		0.20	%		2,035
Cargurus, Inc.		821		0.21	%		1,828
Cisco Systems, Inc.		1,879		1.02	%		368
TEGNA, Inc.		4,483		0.74	%		339
Gogo, Inc.		2,660		0.29	%		(1,037	)
Ciena Corp.		697		0.34	%		(1,277	)
Spok Holdings, Inc.		1,245		0.21	%		(1,649	)
VeriSign, Inc.		395		0.87	%		(1,751	)
Fox Corp. — Class A		3,240		1.03	%		(3,458	)
Ooma, Inc.		3,342		0.39	%		(3,947	)
Total Communications							83,423
Financial
MGIC Investment Corp.		5,053		1.05	%		24,590
Ambac Financial Group, Inc.		6,061		1.07	%		20,598
Essent Group Ltd.		1,824		1.03	%		16,242
SouthState Corp.		545		0.49	%		10,165
International Bancshares Corp.		953		0.56	%		9,395
Walker & Dunlop, Inc.		426		0.51	%		8,320
Radian Group, Inc.		3,328		1.02	%		8,146
Preferred Bank/Los Angeles CA		275		0.22	%		7,391
Interactive Brokers Group, Inc. — Class A		763		0.68	%		2,974
Jackson Financial, Inc. — Class A		989		0.54	%		2,794
Affiliated Managers Group, Inc.		159		0.26	%		2,233
Enact Holdings, Inc.		1,608		0.50	%		1,584
Mr Cooper Group, Inc.		608		0.43	%		1,275
Equity Commonwealth		4,701		0.97	%		68
Total Financial							115,775
Consumer, Non-cyclical
Perdoceo Education Corp.		2,689		0.51	%		18,815
Innoviva, Inc.		4,485		0.77	%		17,560
Exelixis, Inc.		2,386		0.62	%		15,654
Viatris, Inc.		9,406		1.09	%		11,297
Dynavax Technologies Corp.		3,280		0.49	%		6,868
Premier, Inc. — Class A		2,933		0.70	%		5,657
Merck & Company, Inc.		855		1.00	%		4,864
Biogen, Inc.		216		0.60	%		4,814
Gilead Sciences, Inc.		1,157		1.01	%		3,874
Alarm.com Holdings, Inc.		318		0.22	%		2,426
Neurocrine Biosciences, Inc.		154		0.22	%		2,375
Molina Healthcare, Inc.		84		0.33	%		2,252
Centene Corp.		360		0.29	%		1,990
Ingredion, Inc.		844		0.98	%		1,913
Alkermes plc		695		0.21	%		1,736
Hologic, Inc.		1,271		0.98	%		1,421
Baxter International, Inc.		689		0.29	%		1,235
Thermo Fisher Scientific, Inc.		36		0.21	%		1,214
PayPal Holdings, Inc.		503		0.33	%		977
Supernus Pharmaceuticals, Inc.		642		0.20	%		589
Humana, Inc.		61		0.30	%		(728	)
United Therapeutics Corp.		251		0.59	%		(795	)
Cross Country Healthcare, Inc.		1,099		0.27	%		(1,152	)
Johnson & Johnson		564		0.95	%		(1,276	)
Halozyme Therapeutics, Inc.		445		0.18	%		(1,392	)
Royalty Pharma plc — Class A		1,623		0.49	%		(2,529	)
Incyte Corp.		1,624		1.10	%		(3,695	)
Organon & Co.		1,530		0.24	%		(3,910	)
Pfizer, Inc.		3,316		1.03	%		(8,099	)
Bristol-Myers Squibb Co.		1,911		1.05	%		(17,896	)
Total Consumer, Non-cyclical							66,059

Alpha Opportunity Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Percentage Notional Amount			Value and Unrealized Appreciation (Depreciation)
Consumer, Cyclical
Toll Brothers, Inc.		1,027		1.13	%	$	31,919
Meritage Homes Corp.		530		0.99	%		25,431
M/I Homes, Inc.		500		0.74	%		25,083
PulteGroup, Inc.		871		0.97	%		22,170
Allison Transmission Holdings, Inc.		1,610		1.01	%		21,705
DR Horton, Inc.		606		0.99	%		20,211
Brunswick Corp.		928		0.97	%		18,917
NVR, Inc.		14		1.05	%		14,842
MSC Industrial Direct Company, Inc. — Class A		920		1.00	%		12,197
KB Home		880		0.59	%		12,054
Lennar Corp. — Class A		339		0.54	%		11,214
Taylor Morrison Home Corp. — Class A		942		0.54	%		10,282
Tri Pointe Homes, Inc.		900		0.34	%		6,692
Standard Motor Products, Inc.		1,592		0.68	%		6,357
PACCAR, Inc.		468		0.49	%		6,244
Patrick Industries, Inc.		258		0.28	%		3,643
AutoNation, Inc.		310		0.50	%		3,503
Monarch Casino & Resort, Inc.		1,021		0.76	%		3,153
Home Depot, Inc.		56		0.21	%		3,050
General Motors Co.		1,139		0.44	%		3,033
Ethan Allen Interiors, Inc.		653		0.22	%		2,363
Gentex Corp.		1,219		0.43	%		2,027
Golden Entertainment, Inc.		577		0.25	%		1,514
BorgWarner, Inc.		755		0.29	%		1,066
Malibu Boats, Inc. — Class A		467		0.28	%		495
Caleres, Inc.		575		0.19	%		(424	)
Starbucks Corp.		924		0.95	%		(1,606	)
MasterCraft Boat Holdings, Inc.		1,172		0.29	%		(1,974	)
Polaris, Inc.		701		0.71	%		(10,442	)
Total Consumer, Cyclical							254,719
Technology
Photronics, Inc.		1,726		0.58	%		18,902
International Business Machines Corp.		559		0.98	%		10,987
QUALCOMM, Inc.		698		1.09	%		10,594
Skyworks Solutions, Inc.		387		0.47	%		8,957
Amdocs Ltd.		1,057		1.00	%		6,574
Cirrus Logic, Inc.		813		0.73	%		5,297
Dropbox, Inc. — Class A		2,623		0.83	%		5,251
Hewlett Packard Enterprise Co.		2,995		0.55	%		4,232
Bandwidth, Inc. — Class A		1,555		0.24	%		4,202
Microsoft Corp.		151		0.61	%		4,091
Amkor Technology, Inc.		770		0.28	%		3,807
Insight Enterprises, Inc.		250		0.48	%		2,871
Applied Materials, Inc.		154		0.27	%		2,253
Immersion Corp.		7,507		0.57	%		1,435
Genpact Ltd.		1,873		0.70	%		(462	)
NetApp, Inc.		278		0.26	%		(553	)
DXC Technology Co.		760		0.19	%		(654	)
Veradigm, Inc.		2,249		0.25	%		(4,959	)
Total Technology							82,825
Utilities
Public Service Enterprise Group, Inc.		1,409		0.93	%		3,564
Atmos Energy Corp.		785		0.98	%		3,261
PPL Corp.		3,387		0.99	%		2,017
Xcel Energy, Inc.		1,459		0.97	%		896
National Fuel Gas Co.		1,747		0.94	%		(7,330	)
Total Utilities							2,408
Energy
Marathon Petroleum Corp.		599		0.96	%		10,660
Cheniere Energy, Inc.		455		0.83	%		7,991
Valero Energy Corp.		715		1.00	%		7,804
PBF Energy, Inc. — Class A		965		0.46	%		2,475
SolarEdge Technologies, Inc.		212		0.21	%		1,820
NOW, Inc.		1,757		0.21	%		1,427
EOG Resources, Inc.		732		0.95	%		(1,562	)
CVR Energy, Inc.		1,313		0.43	%		(1,689	)
Liberty Energy, Inc. — Class A		2,293		0.45	%		(4,477	)
CNX Resources Corp.		2,219		0.48	%		(4,992	)
SandRidge Energy, Inc.		2,438		0.36	%		(5,175	)
Total Energy							14,282
Basic Materials
NewMarket Corp.		168		0.99	%		33,429
Sylvamo Corp.		720		0.38	%		(2,149	)
Total Basic Materials							31,280
Government
Banco Latinoamericano de Comercio Exterior S.A. — Class E		1,888		0.50	%		5,048
Total GS Equity Long Custom Basket						$	929,256
GS EQUITY SHORT CUSTOM BASKET
Utilities
AES Corp.		14,264		(1.41	)%		21,727
Portland General Electric Co.		6,053		(1.39	)%		19,544
California Water Service Group		4,899		(1.34	)%		(5,149	)
PG&E Corp.		14,650		(1.40	)%		(10,136	)
Southwest Gas Holdings, Inc.		4,199		(1.41	)%		(16,298	)
Eversource Energy		4,206		(1.37	)%		(21,167	)
UGI Corp.		11,262		(1.47	)%		(23,098	)
Total Utilities							(34,577	)
Consumer, Non-cyclical
TreeHouse Foods, Inc.		5,314		(1.16	)%		29,498
Avis Budget Group, Inc.		541		(0.51	)%		9,921
Grocery Outlet Holding Corp.		3,193		(0.46	)%		7,425
Clorox Co.		1,276		(0.96	)%		1,472
Utz Brands, Inc.		11,542		(0.99	)%		(9,096	)
Booz Allen Hamilton Holding Corp.		1,006		(0.68	)%		(10,400	)
RB Global, Inc.		2,582		(0.91	)%		(12,663	)
ICF International, Inc.		608		(0.43	)%		(14,971	)
Cintas Corp.		326		(1.04	)%		(15,966	)

Alpha Opportunity Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Percentage Notional Amount			Value and Unrealized Appreciation (Depreciation)
U-Haul Holding Co.		1,415		(0.54	)%	$	(18,703	)
Insmed, Inc.		4,399		(0.72	)%		(18,725	)
TransUnion		2,240		(0.81	)%		(19,458	)
Neogen Corp.		10,370		(1.10	)%		(26,064	)
Affirm Holdings, Inc.		1,125		(0.29	)%		(27,751	)
Pilgrim's Pride Corp.		8,840		(1.29	)%		(32,676	)
Rollins, Inc.		5,788		(1.34	)%		(34,134	)
Equifax, Inc.		1,149		(1.50	)%		(54,891	)
Total Consumer, Non-cyclical							(247,182	)
Financial
Kennedy-Wilson Holdings, Inc.		21,403		(1.40	)%		76,039
Sun Communities, Inc.		1,690		(1.19	)%		59,619
Americold Realty Trust, Inc.		7,705		(1.23	)%		25,227
Rexford Industrial Realty, Inc.		3,442		(1.02	)%		18,041
American Tower Corp. — Class A		749		(0.86	)%		16,297
New York Mortgage Trust, Inc.		18,564		(0.84	)%		9,848
Raymond James Financial, Inc.		1,626		(0.96	)%		6,051
UMH Properties, Inc.		9,929		(0.80	)%		3,679
Ellington Financial, Inc.		12,440		(0.84	)%		3,019
COPT Defense Properties		2,025		(0.27	)%		(182	)
Equinix, Inc.		265		(1.13	)%		(1,596	)
Alexander & Baldwin, Inc.		8,291		(0.83	)%		(2,355	)
Veris Residential, Inc.		6,615		(0.55	)%		(4,025	)
Invitation Homes, Inc.		2,899		(0.52	)%		(6,085	)
Rayonier, Inc.		4,360		(0.77	)%		(9,758	)
Apartment Investment and Management Co. — Class A		18,381		(0.76	)%		(11,549	)
PotlatchDeltic Corp.		3,807		(0.99	)%		(11,916	)
Ventas, Inc.		1,876		(0.49	)%		(14,796	)
Digital Realty Trust, Inc.		1,314		(0.94	)%		(17,005	)
Brighthouse Financial, Inc.		4,811		(1.35	)%		(19,312	)
Air Lease Corp. — Class A		3,653		(0.81	)%		(22,223	)
BOK Financial Corp.		3,371		(1.53	)%		(25,331	)
Carlyle Group, Inc.		4,770		(1.03	)%		(25,830	)
Welltower, Inc.		2,489		(1.19	)%		(29,706	)
TFS Financial Corp.		18,617		(1.45	)%		(30,035	)
Citigroup, Inc.		4,151		(1.13	)%		(30,853	)
Marcus & Millichap, Inc.		4,838		(1.12	)%		(38,453	)
Jones Lang LaSalle, Inc.		1,239		(1.24	)%		(40,539	)
Howard Hughes Holdings, Inc.		2,950		(1.33	)%		(48,951	)
Popular, Inc.		3,333		(1.45	)%		(51,167	)
CBRE Group, Inc. — Class A		3,139		(1.55	)%		(67,452	)
PennyMac Financial Services, Inc.		2,688		(1.26	)%		(68,040	)
KKR & Company, Inc. — Class A		3,413		(1.50	)%		(88,133	)
Total Financial							(447,472	)
Basic Materials
Piedmont Lithium, Inc.		5,791		(0.86	)%		72,061
Hecla Mining Co.		25,907		(0.66	)%		26,026
Kaiser Aluminum Corp.		2,172		(0.82	)%		13,177
Novagold Resources, Inc.		34,156		(0.68	)%		12,843
Compass Minerals International, Inc.		3,237		(0.43	)%		(2,677	)
Tronox Holdings plc — Class A		7,332		(0.55	)%		(6,209	)
ATI, Inc.		2,051		(0.49	)%		(6,337	)
Schnitzer Steel Industries, Inc. — Class A		2,819		(0.45	)%		(10,544	)
Linde plc		630		(1.37	)%		(12,974	)
Element Solutions, Inc.		7,895		(0.97	)%		(17,326	)
Celanese Corp. — Class A		1,462		(1.20	)%		(20,094	)
Chemours Co.		4,811		(0.80	)%		(26,151	)
Ecolab, Inc.		1,093		(1.15	)%		(30,383	)
Carpenter Technology Corp.		1,679		(0.63	)%		(39,656	)
Stepan Co.		2,996		(1.50	)%		(57,712	)
Century Aluminum Co.		17,390		(1.12	)%		(87,388	)
Total Basic Materials							(193,344	)
Consumer, Cyclical
Life Time Group Holdings, Inc.		6,210		(0.50	)%		6,922
Topgolf Callaway Brands Corp.		14,533		(1.10	)%		2,620
Walgreens Boots Alliance, Inc.		8,633		(1.19	)%		(13	)
Tesla, Inc.		218		(0.29	)%		(2,999	)
Allegiant Travel Co. — Class A		1,043		(0.46	)%		(9,876	)
Floor & Decor Holdings, Inc. — Class A		1,346		(0.79	)%		(16,801	)
Lithia Motors, Inc. — Class A		411		(0.72	)%		(18,550	)
Shake Shack, Inc. — Class A		2,095		(0.82	)%		(20,865	)
CarMax, Inc.		2,862		(1.16	)%		(33,994	)
Total Consumer, Cyclical							(93,556	)
Energy
NOV, Inc.		6,594		(0.71	)%		11,834
Noble Corporation plc		1,967		(0.50	)%		1,168
Dril-Quip, Inc.		4,007		(0.49	)%		(3,590	)
Sitio Royalties Corp. — Class A		3,517		(0.44	)%		(5,375	)
TechnipFMC plc		8,974		(0.96	)%		(7,675	)
Valaris Ltd.		3,277		(1.19	)%		(10,430	)
Archrock, Inc.		11,180		(0.91	)%		(29,619	)
Total Energy							(43,687	)
Industrial
Knight-Swift Transportation Holdings, Inc.		1,875		(0.57	)%		(1,386	)
Werner Enterprises, Inc.		2,277		(0.51	)%		(2,905	)
RXO, Inc.		5,971		(0.73	)%		(8,585	)
Stericycle, Inc.		1,923		(0.50	)%		(9,126	)
GATX Corp.		1,567		(1.00	)%		(11,505	)
Vulcan Materials Co.		915		(1.10	)%		(16,291	)
Trinity Industries, Inc.		9,425		(1.33	)%		(30,578	)
Casella Waste Systems, Inc. — Class A		2,959		(1.34	)%		(41,262	)
Boeing Co.		848		(1.17	)%		(57,648	)
Total Industrial							(179,286	)
Technology
KBR, Inc.		2,562		(0.75	)%		15,113
Paycor HCM, Inc.		9,710		(1.11	)%		8,896

Alpha Opportunity Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Percentage Notional Amount			Value and Unrealized Appreciation (Depreciation)
Ceridian HCM Holding, Inc.		2,884		(1.02	)%	$	(7,940	)
Parsons Corp.		2,484		(0.82	)%		(19,326	)
Evolent Health, Inc. — Class A		5,729		(1.00	)%		(26,986	)
HashiCorp, Inc. — Class A		7,346		(0.92	)%		(33,890	)
Braze, Inc. — Class A		3,651		(1.03	)%		(36,100	)
Total Technology							(100,233	)
Communications
DoorDash, Inc. — Class A		351		(0.18	)%		(3,612	)
Roku, Inc.		326		(0.16	)%		(4,493	)
Total Communications							(8,105	)
Total GS Equity Short Custom Basket						$	(1,347,442	)

Alpha Opportunity Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

*	Non-income producing security.
†	Value determined based on Level 1 inputs — See Note 3.
††	Value determined based on Level 2 inputs — See Note 3.
1	All or a portion of this security is pledged as custom basket swap collateral at December 31, 2023.
2	Rate indicated is the 7-day yield as of December 31, 2023.

GS — Goldman Sachs International

MS — Morgan Stanley Capital Services LLC

plc — Public Limited Company

REIT — Real Estate Investment Trust

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments): 

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	35,041,175	$	—	$	—	$	35,041,175
Money Market Fund		1,625,776		—		—		1,625,776
Equity Custom Basket Swap Agreements**		—		1,868,841		—		1,868,841
Total Assets	$	36,666,951	$	1,868,841	$	—	$	38,535,792

Investments in Securities (Liabilities)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Equity Custom Basket Swap Agreements**	$	—	$	2,683,141	$	—	$	2,683,141

** This derivative is reported as unrealized appreciation/depreciation at period end.

Capital Stewardship Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 99.8%
Technology - 27.8%
Microsoft Corp.		34,539	$	12,988,045
Apple, Inc.		66,567		12,816,145
NVIDIA Corp.		7,225		3,577,965
Broadcom, Inc.		2,824		3,151,966
Cognizant Technology Solutions Corp. — Class A		26,492		2,000,941
QUALCOMM, Inc.		13,669		1,976,948
Cadence Design Systems, Inc.*		6,981		1,901,415
Applied Materials, Inc.		9,760		1,581,803
Cirrus Logic, Inc.*		18,440		1,534,024
ServiceNow, Inc.*		2,131		1,505,530
Dropbox, Inc. — Class A*		50,171		1,479,041
NetApp, Inc.		16,254		1,432,953
Texas Instruments, Inc.		8,231		1,403,056
Dell Technologies, Inc. — Class C		15,009		1,148,188
Crowdstrike Holdings, Inc. — Class A*		4,037		1,030,727
Workday, Inc. — Class A*		3,470		957,928
Manhattan Associates, Inc.*		4,159		895,516
KLA Corp.		991		576,068
Oracle Corp.		5,423		571,747
HP, Inc.		15,713		472,804
MongoDB, Inc.*		1,126		460,365
Hewlett Packard Enterprise Co.		24,755		420,340
Atlassian Corp. — Class A*		1,274		303,034
Salesforce, Inc.*		1,133		298,138
Adobe, Inc.*		470		280,402
Fortinet, Inc.*		2,997		175,414
Total Technology				54,940,503
Communications - 14.3%
Alphabet, Inc. — Class A*		43,052		6,013,934
Amazon.com, Inc.*		29,741		4,518,847
Cisco Systems, Inc.		49,732		2,512,460
Meta Platforms, Inc. — Class A*		6,924		2,450,819
Motorola Solutions, Inc.		7,525		2,356,002
Booking Holdings, Inc.*		641		2,273,768
eBay, Inc.		35,421		1,545,064
F5, Inc.*		8,347		1,493,946
VeriSign, Inc.*		6,708		1,381,580
T-Mobile US, Inc.		7,605		1,219,310
Arista Networks, Inc.*		4,125		971,479
Verizon Communications, Inc.		12,999		490,062
Comcast Corp. — Class A		8,283		363,210
Pinterest, Inc. — Class A*		6,616		245,057
FactSet Research Systems, Inc.		481		229,461
Palo Alto Networks, Inc.*		617		181,941
Total Communications				28,246,940
Industrial - 13.3%
Lockheed Martin Corp.		8,725		3,954,519
Illinois Tool Works, Inc.		12,825		3,359,380
Snap-on, Inc.		7,833		2,262,484
Deere & Co.		5,625		2,249,269
Amphenol Corp. — Class A		22,031		2,183,933
Caterpillar, Inc.		6,073		1,795,604
Masco Corp.		23,286		1,559,696
Owens Corning		9,622		1,426,269
General Dynamics Corp.		4,725		1,226,941
Keysight Technologies, Inc.*		7,570		1,204,311
Waste Management, Inc.		6,317		1,131,375
Avnet, Inc.		20,271		1,021,659
TD SYNNEX Corp.		8,640		929,750
United Parcel Service, Inc. — Class B		4,417		694,485
FedEx Corp.		1,584		400,704
Republic Services, Inc. — Class A		2,279		375,830
Arrow Electronics, Inc.*		2,739		334,843
Jabil, Inc.		1,857		236,582
Total Industrial				26,347,634
Financial - 13.2%
Berkshire Hathaway, Inc. — Class B*		12,365		4,410,101
Capital One Financial Corp.		23,685		3,105,577
Visa, Inc. — Class A		11,893		3,096,343
Hartford Financial Services Group, Inc.		34,787		2,796,179
JPMorgan Chase & Co.		14,919		2,537,722
Travelers Companies, Inc.		11,142		2,122,440
Progressive Corp.		13,064		2,080,834
Citigroup, Inc.		27,370		1,407,913
Cboe Global Markets, Inc.		5,840		1,042,791
Mastercard, Inc. — Class A		2,110		899,936
Ameriprise Financial, Inc.		1,382		524,925
Prudential Financial, Inc.		4,888		506,934
American Express Co.		2,548		477,342
Synchrony Financial		11,064		422,534
Aflac, Inc.		2,919		240,817
Bank of America Corp.		6,144		206,868
Toronto-Dominion Bank		3,024		195,411
Total Financial				26,074,667
Consumer, Non-cyclical - 12.3%
UnitedHealth Group, Inc.		6,329		3,332,029
Merck & Company, Inc.		21,218		2,313,186
Vertex Pharmaceuticals, Inc.*		5,061		2,059,270
McKesson Corp.		4,383		2,029,241
Bristol-Myers Squibb Co.		35,521		1,822,583
Gilead Sciences, Inc.		21,141		1,712,633
HCA Healthcare, Inc.		6,008		1,626,245
Amgen, Inc.		4,946		1,424,547
Biogen, Inc.*		4,745		1,227,864
Humana, Inc.		2,599		1,189,848
Colgate-Palmolive Co.		13,896		1,107,650
Regeneron Pharmaceuticals, Inc.*		1,053		924,839
United Therapeutics Corp.*		4,154		913,423
Pfizer, Inc.		23,377		673,024
United Rentals, Inc.		993		569,406
AbbVie, Inc.		3,552		550,454
PepsiCo, Inc.		1,680		285,331
Eli Lilly & Co.		485		282,716
Cigna Group		814		243,752
Total Consumer, Non-cyclical				24,288,041
Consumer, Cyclical - 12.1%
WW Grainger, Inc.		3,995		3,310,617
Home Depot, Inc.		8,436		2,923,496
Cummins, Inc.		10,721		2,568,430
Lowe's Companies, Inc.		10,181		2,265,781
Walmart, Inc.		10,720		1,690,008
DR Horton, Inc.		10,895		1,655,822
PulteGroup, Inc.		15,091		1,557,693
Brunswick Corp.		13,473		1,303,513

Capital Stewardship Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 99.8% (continued)
Consumer, Cyclical - 12.1% (continued)
Ulta Beauty, Inc.*		2,602	$	1,274,954
Yum! Brands, Inc.		8,838		1,154,773
Gentex Corp.		34,341		1,121,577
AutoNation, Inc.*		6,312		947,936
Lear Corp.		5,891		831,868
Tesla, Inc.*		2,826		702,204
TJX Companies, Inc.		4,907		460,326
AutoZone, Inc.*		95		245,633
Total Consumer, Cyclical				24,014,631
Energy - 6.3%
Valero Energy Corp.		29,507		3,835,910
EOG Resources, Inc.		19,804		2,395,294
Cheniere Energy, Inc.		14,013		2,392,159
Chevron Corp.		13,996		2,087,644
Suncor Energy, Inc.		37,776		1,210,343
ConocoPhillips		4,903		569,091
Total Energy				12,490,441
Basic Materials - 0.5%
Reliance Steel & Aluminum Co.		3,488		975,524
Total Common Stocks
(Cost $170,641,675)				197,378,381
EXCHANGE-TRADED FUND† - 0.8%
SPDR S&P 500 ETF Trust		3,375		1,604,171
Total Exchange-Traded Fund
(Cost $1,462,073)				1,604,171
MONEY MARKET FUND† - 0.2%
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 5.25%1		493,605		493,605
Total Money Market Fund
(Cost $493,605)				493,605
Total Investments - 100.8%
(Cost $172,597,353)			$	199,476,157
Other Assets & Liabilities, net - (0.8)%				(1,673,654	)
Total Net Assets - 100.0%			$	197,802,503

*	Non-income producing security.
†	Value determined based on Level 1 inputs — See Note 3.
1	Rate indicated is the 7-day yield as of December 31, 2023.

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments): 

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	197,378,381	$	—	$	—	$	197,378,381
Exchange-Traded Fund		1,604,171		—		—		1,604,171
Money Market Fund		493,605		—		—		493,605
Total Assets	$	199,476,157	$	—	$	—	$	199,476,157

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 0.0%
Communications - 0.0%
Vacasa, Inc. — Class A*		1,596	$	13,087
Financial - 0.0%
Pershing Square Tontine Holdings, Ltd. — Class A*,†††,1		622,890		62
Industrial - 0.0%
Constar International Holdings LLC*,†††		68		–
Total Common Stocks
(Cost $318,203)				13,149
PREFERRED STOCKS†† - 1.4%
Financial - 1.4%
Charles Schwab Corp.
4.00%		8,500,000		6,713,383
Wells Fargo & Co.
3.90%		5,550,000		5,127,959
Bank of New York Mellon Corp.
3.75%		3,900,000		3,370,894
MetLife, Inc.
3.85%		3,520,000		3,332,026
JPMorgan Chase & Co.
3.65%2		2,350,000		2,150,565
Bank of America Corp.
6.13%		1,650,000		1,653,960
Markel Group, Inc.
6.00%		1,360,000		1,344,629
Kuvare US Holdings, Inc.
7.00% due 02/17/513		1,000,000		1,007,500
CNO Financial Group, Inc.
5.13% due 11/25/60		48,000		836,160
Depository Trust & Clearing Corp.
3.38%2,3		1,000,000		780,000
Assurant, Inc.
5.25% due 01/15/61		35,075		699,389
Lincoln National Corp.
9.25%2		63,000		68,760
First Republic Bank
4.25%		77,975		7,018
Total Financial				27,092,243
Industrial - 0.0%
Constar International Holdings LLC *,†††		7		–
Total Preferred Stocks
(Cost $32,627,086)				27,092,243
WARRANTS† - 0.0%
Ginkgo Bioworks Holdings, Inc.
Expiring 09/16/26*		6,510		685
Pershing Square Tontine Holdings, Ltd. — Class A
Expiring 07/24/25*,†††,1		69,210		7
Total Warrants
(Cost $15,075)				692
MONEY MARKET FUNDS† - 3.6%
Dreyfus Treasury Obligations Cash Management Fund — Institutional Shares, 5.25%4		37,954,009		37,954,009
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 5.25%4		29,884,868		29,884,868
Total Money Market Funds
(Cost $67,838,877)				67,838,877

	Face Amount~
U.S. GOVERNMENT SECURITIES†† - 33.0%
U.S. Treasury Notes
4.63% due 09/30/28	172,282,200	177,827,533
3.75% due 12/31/28	89,000,000	88,589,765
4.13% due 07/31/28	73,650,000	74,409,516
3.50% due 01/31/28	61,817,000	60,841,450
4.50% due 11/15/33	36,000,000	37,794,375
3.63% due 05/15/26	22,000,000	21,744,766
4.38% due 08/31/28	14,500,000	14,810,391
2.75% due 02/15/28	8,370,000	8,000,870
4.13% due 06/15/26	260,000	259,939
U.S. Treasury Bonds
due 05/15/535,6	164,480,000	52,192,442
due 08/15/535,6	35,000,000	11,077,087
due 02/15/525,6	29,980,000	9,759,061
due 02/15/465,6	22,605,000	8,876,906
due 05/15/445,6	19,265,000	8,130,021
due 11/15/535,6	20,000,000	6,358,329
4.75% due 11/15/53	3,000,000	3,379,687
due 11/15/445,6	4,520,000	1,866,935
United States Treasury Inflation Indexed Bonds
0.13% due 10/15/2513	16,600,920	15,962,384
0.13% due 04/15/2513	16,116,260	15,540,502
1.25% due 04/15/2813	4,000,425	3,895,934
1.38% due 07/15/3313	1,955,206	1,895,411
Total U.S. Government Securities
(Cost $619,351,484)		623,213,304
ASSET-BACKED SECURITIES†† - 21.7%
Collateralized Loan Obligations -  12.9%
LoanCore Issuer Ltd.
2021-CRE5 C, 7.83% (1 Month Term SOFR + 2.46%, Rate Floor: 2.46%) due 07/15/36◊,3	7,500,000	7,054,095
2021-CRE4 D, 7.98% (1 Month Term SOFR + 2.61%, Rate Floor: 2.61%) due 07/15/35◊,3	4,426,000	4,182,341
2021-CRE6 C, 7.78% (1 Month Term SOFR + 2.41%, Rate Floor: 2.30%) due 11/15/38◊,3	4,000,000	3,830,500
2021-CRE4 C, 7.18% (1 Month Term SOFR + 1.81%, Rate Floor: 1.81%) due 07/15/35◊,3	994,129	979,574
Octagon Investment Partners 49 Ltd.
2021-5A B, 7.21% (3 Month Term SOFR + 1.81%, Rate Floor: 1.55%) due 01/15/33◊,3	8,500,000	8,441,690

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 21.7% (continued)
Collateralized Loan Obligations -  12.9% (continued)
2021-5A C, 7.71% (3 Month Term SOFR + 2.31%, Rate Floor: 2.05%) due 01/15/33◊,3		7,450,000	$	7,403,044
Woodmont Trust
2020-7A A1A, 7.56% (3 Month Term SOFR + 2.16%, Rate Floor: 1.90%) due 01/15/32◊,3		12,000,000		11,950,126
2020-7A B, 8.26% (3 Month Term SOFR + 2.86%, Rate Floor: 2.60%) due 01/15/32◊,3		3,750,000		3,676,064
Cerberus Loan Funding XXX, LP
2020-3A A, 7.51% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 01/15/33◊,3		13,500,000		13,445,799
2020-3A B, 8.16% (3 Month Term SOFR + 2.76%, Rate Floor: 2.50%) due 01/15/33◊,3		2,000,000		1,965,912
LCCM Trust
2021-FL3 A, 6.93% (1 Month Term SOFR + 1.56%, Rate Floor: 1.56%) due 11/15/38◊,3		6,000,000		5,914,568
2021-FL3 AS, 7.28% (1 Month Term SOFR + 1.91%, Rate Floor: 1.91%) due 11/15/38◊,3		3,950,000		3,775,784
2021-FL2 C, 7.63% (1 Month Term SOFR + 2.26%, Rate Floor: 2.26%) due 12/13/38◊,3		3,100,000		2,851,132
Cerberus Loan Funding XLIV LLC
2024-5A A,  (3 Month Term SOFR + 2.35%, Rate Floor: 2.35%) due 01/15/36◊,3		11,900,000		11,900,000
Palmer Square Loan Funding Ltd.
2021-1A B, 7.48% (3 Month Term SOFR + 2.06%, Rate Floor: 2.06%) due 04/20/29◊,3		2,000,000		1,999,032
2021-1A A2, 6.93% (3 Month Term SOFR + 1.51%, Rate Floor: 1.51%) due 04/20/29◊,3		2,000,000		1,986,122
2021-3A C, 8.18% (3 Month Term SOFR + 2.76%, Rate Floor: 2.76%) due 07/20/29◊,3		2,000,000		1,970,213
2023-2A A2, 7.65% (3 Month Term SOFR + 2.30%, Rate Floor: 2.30%) due 01/25/32◊,3		1,500,000		1,500,027
2023-1A B, 7.96% (3 Month Term SOFR + 2.80%, Rate Floor: 2.80%) due 07/20/31◊,3		1,250,000		1,248,786
2023-4A B, 8.15% (3 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 07/24/31◊,3		1,000,000		1,000,783
2023-2A B, 8.05% (3 Month Term SOFR + 2.70%, Rate Floor: 2.70%) due 01/25/32◊,3		1,000,000		999,473
2021-2A C, 8.03% (3 Month Term SOFR + 2.66%, Rate Floor: 2.66%) due 05/20/29◊,3		1,000,000		990,428
Dryden 36 Senior Loan Fund
2020-36A CR3, 7.71% (3 Month Term SOFR + 2.31%, Rate Floor: 2.05%) due 04/15/29◊,3		8,000,000		7,978,858
Madison Park Funding XLVIII Ltd.
2021-48A C, 7.66% (3 Month Term SOFR + 2.26%, Rate Floor: 2.26%) due 04/19/33◊,3		4,000,000		3,982,553
2021-48A B, 7.11% (3 Month Term SOFR + 1.71%, Rate Floor: 1.71%) due 04/19/33◊,3		4,000,000		3,975,738
MF1 Multifamily Housing Mortgage Loan Trust
2021-FL6 D, 8.02% (1 Month Term SOFR + 2.66%, Rate Floor: 2.55%) due 07/16/36◊,3		4,000,000		3,820,097
2021-FL6 C, 7.32% (1 Month Term SOFR + 1.96%, Rate Floor: 1.85%) due 07/16/36◊,3		3,400,000		3,249,113
Golub Capital Partners CLO 33M Ltd.
2021-33A AR2, 7.50% (3 Month Term SOFR + 2.12%, Rate Floor: 1.86%) due 08/25/33◊,3		6,500,000		6,258,762
Golub Capital Partners CLO 16 Ltd.
2021-16A A1R2, 7.25% (3 Month Term SOFR + 1.87%, Rate Floor: 1.61%) due 07/25/33◊,3		4,000,000		3,986,616

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 21.7% (continued)
Collateralized Loan Obligations -  12.9% (continued)
2021-16A A2R2, 7.44% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 07/25/33◊,3		2,000,000	$	1,970,200
ABPCI Direct Lending Fund CLO II LLC
2021-1A A1R, 7.28% (3 Month Term SOFR + 1.86%, Rate Floor: 1.60%) due 04/20/32◊,3		5,500,000		5,456,004
Cerberus Loan Funding XXXII, LP
2021-2A A, 7.28% (3 Month Term SOFR + 1.88%, Rate Floor: 1.88%) due 04/22/33◊,3		4,250,000		4,209,311
2021-2A C, 8.51% (3 Month Term SOFR + 3.11%, Rate Floor: 3.11%) due 04/22/33◊,3		1,250,000		1,208,419
Cerberus Loan Funding XLII LLC
2023-3A A1, 7.91% (3 Month Term SOFR + 2.48%, Rate Floor: 2.48%) due 09/13/35◊,3		3,750,000		3,750,337
2023-3A B, 8.78% (3 Month Term SOFR + 3.35%, Rate Floor: 3.35%) due 09/13/35◊,3		1,250,000		1,249,762
THL Credit Lake Shore MM CLO I Ltd.
2021-1A A1R, 7.36% (3 Month Term SOFR + 1.96%, Rate Floor: 1.70%) due 04/15/33◊,3		4,250,000		4,215,618
Fortress Credit Opportunities IX CLO Ltd.
2021-9A A2TR, 7.46% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 10/15/33◊,3		3,250,000		3,171,172
2021-9A A1TR, 7.21% (3 Month Term SOFR + 1.81%, Rate Floor: 1.55%) due 10/15/33◊,3		1,000,000		983,349
ACRES Commercial Realty Ltd.
2021-FL2 AS, 7.23% (1 Month Term SOFR + 1.86%, Rate Floor: 1.86%) due 01/15/37◊,3		2,000,000		1,955,845
2021-FL1 AS, 7.08% (1 Month Term SOFR + 1.71%, Rate Floor: 1.71%) due 06/15/36◊,3		2,000,000		1,924,901
ABPCI Direct Lending Fund CLO I LLC
2021-1A A1A2, 7.38% (3 Month Term SOFR + 1.96%, Rate Floor: 1.96%) due 07/20/33◊,3		3,750,000		3,714,182
Owl Rock CLO IV Ltd.
2021-4A A1R, 7.23% (3 Month Term SOFR + 1.86%, Rate Floor: 1.60%) due 08/20/33◊,3		3,750,000		3,695,261
BSPDF Issuer Ltd.
2021-FL1 C, 7.73% (1 Month Term SOFR + 2.36%, Rate Floor: 2.25%) due 10/15/36◊,3		4,000,000		3,646,258
PFP Ltd.
2021-7 D, 7.88% (1 Month Term SOFR + 2.51%, Rate Floor: 2.40%) due 04/14/38◊,3		3,749,813		3,578,403
Cerberus Loan Funding XL LLC
2023-1A A, 7.79% (3 Month Term SOFR + 2.40%, Rate Floor: 2.40%) due 03/22/35◊,3		3,500,000		3,500,074
Golub Capital Partners CLO 36M Ltd.
2018-36A A, 6.95% (3 Month Term SOFR + 1.56%, Rate Floor: 0.00%) due 02/05/31◊,3		3,450,739		3,435,985
Cerberus Loan Funding XXXI, LP
2021-1A A, 7.16% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 04/15/32◊,3		3,235,053		3,227,803
Cerberus Loan Funding XXXIII, LP
2021-3A B, 7.51% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 07/23/33◊,3		2,000,000		1,943,258
2021-3A A, 7.22% (3 Month Term SOFR + 1.82%, Rate Floor: 1.56%) due 07/23/33◊,3		1,250,000		1,237,474
Owl Rock CLO II Ltd.
2021-2A ALR, 7.23% (3 Month Term SOFR + 1.81%, Rate Floor: 1.55%) due 04/20/33◊,3		3,000,000		2,965,037

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 21.7% (continued)
Collateralized Loan Obligations -  12.9% (continued)
ABPCI Direct Lending Fund CLO V Ltd.
2021-5A A1R, 7.18% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 04/20/31◊,3		2,976,805	$	2,947,304
GoldenTree Loan Management US CLO 1 Ltd.
2021-9A C, 7.48% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 01/20/33◊,3		3,000,000		2,946,555
KREF Funding V LLC
7.22% (1 Month Term SOFR + 1.86%, Rate Floor: 1.86%) due 06/25/26◊,†††		2,789,820		2,772,690
0.15% due 06/25/26†††,7		21,818,182		10,473
BXMT Ltd.
2020-FL2 A, 6.38% (1 Month Term SOFR + 1.01%, Rate Floor: 1.01%) due 02/15/38◊,3		2,880,757		2,743,921
VOYA CLO
2021-2A A2AR, 7.31% (3 Month Term SOFR + 1.91%, Rate Floor: 1.65%) due 06/07/30◊,3		2,550,000		2,549,781
Palmer Square CLO Ltd.
2023-4A C, 8.01% (3 Month Term SOFR + 2.60%, Rate Floor: 2.60%) due 10/20/33◊,3		1,250,000		1,249,818
2023-4A B, 7.56% (3 Month Term SOFR + 2.15%, Rate Floor: 2.15%) due 10/20/33◊,3		1,000,000		1,003,545
Owl Rock CLO I LLC
2024-1A ANR,  (3 Month Term SOFR + 2.40%, Rate Floor: 2.40%) due 02/20/36◊,3		2,000,000		2,000,000
MidOcean Credit CLO VII
2020-7A BR, 7.26% (3 Month Term SOFR + 1.86%, Rate Floor: 0.00%) due 07/15/29◊,3		2,000,000		1,995,459
Neuberger Berman Loan Advisers CLO 40 Ltd.
2021-40A C, 7.41% (3 Month Term SOFR + 2.01%, Rate Floor: 1.75%) due 04/16/33◊,3		2,000,000		1,974,297
Magnetite XXIX Ltd.
2021-29A C, 7.31% (3 Month Term SOFR + 1.91%, Rate Floor: 1.65%) due 01/15/34◊,3		2,000,000		1,969,932
ABPCI Direct Lending Fund IX LLC
2021-9A A2R, 7.45% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 11/18/31◊,3		2,000,000		1,941,475
FS Rialto
2021-FL3 C, 7.52% (1 Month Term SOFR + 2.16%, Rate Floor: 2.16%) due 11/16/36◊,3		2,000,000		1,891,637
Canyon Capital CLO Ltd.
2018-1A A2R, 7.15% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 01/30/31◊,3		1,900,000		1,886,073
FS RIALTO
2021-FL2 A, 6.69% (1 Month Term SOFR + 1.33%, Rate Floor: 1.33%) due 05/16/38◊,3		1,932,942		1,880,930
BRSP Ltd.
2021-FL1 C, 7.62% (1 Month Term SOFR + 2.26%, Rate Floor: 2.15%) due 08/19/38◊,3		2,000,000		1,848,419
Fortress Credit Opportunities XI CLO Ltd.
2018-11A A1T, 6.96% (3 Month Term SOFR + 1.56%, Rate Floor: 0.00%) due 04/15/31◊,3		1,735,595		1,728,770
OCP CLO Ltd.
2020-4A A2RR, 7.11% (3 Month Term SOFR + 1.71%, Rate Floor: 1.45%) due 04/24/29◊,3		1,500,000		1,496,079
Golub Capital Partners CLO 54M L.P
2021-54A B, 7.50% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 08/05/33◊,3		1,500,000		1,441,329
KREF Ltd.
2021-FL2 AS, 6.78% (1 Month Term SOFR + 1.41%, Rate Floor: 1.30%) due 02/15/39◊,3		1,500,000		1,380,534
STWD Ltd.
2019-FL1 D, 7.83% (1 Month Term SOFR + 2.46%, Rate Floor: 2.46%) due 07/15/38◊,3		1,459,000		1,350,920

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 21.7% (continued)
Collateralized Loan Obligations -  12.9% (continued)
Owl Rock CLO XIII LLC
2023-13A B, 8.77% (3 Month Term SOFR + 3.35%, Rate Floor: 3.35%) due 09/20/35◊,3		1,000,000	$	997,545
Cerberus Loan Funding XXXV, LP
2021-5A A, 7.16% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 09/22/33◊,3		1,000,000		997,181
Cerberus Loan Funding XXXVIII, LP
2022-2A A1, 8.14% (3 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 10/15/34◊,3		1,000,000		992,374
Northwoods Capital XII-B Ltd.
2018-12BA B, 7.50% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 06/15/31◊,3		1,000,000		987,405
BSPRT Issuer Ltd.
2021-FL7 C, 7.78% (1 Month Term SOFR + 2.41%, Rate Floor: 2.41%) due 12/15/38◊,3		1,000,000		956,666
KREF
2021-FL2 C, 7.48% (1 Month Term SOFR + 2.11%, Rate Floor: 2.00%) due 02/15/39◊,3		1,000,000		924,370
NewStar Fairfield Fund CLO Ltd.
2018-2A A1N, 6.95% (3 Month Term SOFR + 1.53%, Rate Floor: 1.27%) due 04/20/30◊,3		799,984		796,536
ACRE Commercial Mortgage Ltd.
2021-FL4 D, 8.07% (1 Month Term SOFR + 2.71%, Rate Floor: 2.60%) due 12/18/37◊,3		773,000		722,029
Dryden 37 Senior Loan Fund
2015-37A Q,  due 01/15/313,8		1,000,000		716,581
Owl Rock CLO I Ltd.
2019-1A A, 7.43% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 05/20/31◊,3		647,847		646,418
Golub Capital Partners CLO 17 Ltd.
2017-17A A1R, 7.29% (3 Month Term SOFR + 1.91%, Rate Floor: 0.00%) due 10/25/30◊,3		555,518		555,578
Cerberus Loan Funding XXXVI, LP
2021-6A A, 7.06% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 11/22/33◊,3		133,082		133,020
Babson CLO Ltd.
2014-IA SUB,  due 07/20/253,8		633,344		17,493
Treman Park CLO Ltd.
2015-1A COM,  due 10/20/283,8		162,950		640
Copper River CLO Ltd.
2007-1A INC,  due 01/20/218,9		700,000		70
Total Collateralized Loan Obligations				243,809,730
Financial -  2.1%
Project Onyx I
7.67% due 01/26/27†††		5,700,000		5,698,290
HV Eight LLC
7.10% (3 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 12/31/27◊,†††	EUR	4,400,000		4,860,989
KKR Core Holding Company LLC
4.00% due 08/12/31†††		5,122,847		4,606,003
Strategic Partners Fund VIII LP
7.95% (1 Month Term SOFR + 2.60%, Rate Floor: 2.60%) due 03/10/26◊,†††		4,386,865		4,363,352
Madison Avenue Secured Funding Trust
2023-1, 7.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 03/04/24◊,†††,3		3,050,000		3,050,000
2023-2, 7.21% (1 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 10/15/24◊,†††,3		1,175,000		1,175,000
LVNV Funding LLC
7.80% due 11/05/28†††		2,900,000		3,027,948
HarbourVest Structured Solutions IV Holdings, LP
7.61% (3 Month USD LIBOR + 2.45%, Rate Floor: 2.45%) due 09/15/26◊,†††		1,715,148		1,714,702
6.05% (3 Month EURIBOR + 2.45%, Rate Floor: 2.45%) due 09/15/26◊,†††	EUR	1,000,000		1,104,560
Project Onyx II
7.67% due 01/26/27†††		1,900,000		1,899,259

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 21.7% (continued)
Financial -  2.1% (continued)
Ceamer Finance LLC
6.92% due 11/15/37†††		1,933,271	$	1,884,514
Thunderbird A
5.50% due 03/01/37†††		1,906,889		1,796,423
Lightning A
5.50% due 03/01/37†††		1,878,444		1,769,626
Bib Merchant Voucher Receivables Ltd.
4.18% due 04/07/28†††		720,561		687,732
Nassau LLC
2019-1, 3.98% due 08/15/343		633,435		606,896
Station Place Securitization Trust
2023-SP1, 7.21% (1 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 10/15/24◊,†††,3		575,000		575,000
Total Financial				38,820,294
Whole Business -  1.8%
Arbys Funding LLC
2020-1A, 3.24% due 07/30/503		6,530,625		5,958,111
Domino's Pizza Master Issuer LLC
2017-1A, 4.12% due 07/25/473		5,089,500		4,854,213
2021-1A, 3.15% due 04/25/513		1,121,250		961,199
SERVPRO Master Issuer LLC
2021-1A, 2.39% due 04/25/513		4,143,750		3,559,481
2019-1A, 3.88% due 10/25/493		1,536,000		1,442,791
Taco Bell Funding LLC
2016-1A, 4.97% due 05/25/463		3,515,625		3,461,214
2021-1A, 2.29% due 08/25/513		1,404,975		1,205,616
Sonic Capital LLC
2021-1A, 2.19% due 08/20/513		2,243,363		1,912,727
2020-1A, 3.85% due 01/20/503		1,715,833		1,615,510
2020-1A, 4.34% due 01/20/503		966,667		889,051
ServiceMaster Funding LLC
2020-1, 2.84% due 01/30/513		3,791,840		3,309,184
Applebee's Funding LLC / IHOP Funding LLC
2019-1A, 4.72% due 06/05/493		1,732,500		1,659,825
DB Master Finance LLC
2021-1A, 2.79% due 11/20/513		1,960,000		1,617,216
Wendy's Funding LLC
2019-1A, 3.78% due 06/15/493		1,317,576		1,257,019
Total Whole Business				33,703,157
Transport-Aircraft -  1.3%
AASET Trust
2021-1A, 2.95% due 11/16/413		3,451,587		3,092,622
2021-2A, 2.80% due 01/15/473		3,244,185		2,786,528
2020-1A, 3.35% due 01/16/403		853,845		753,876
2017-1A, 3.97% due 05/16/423		38,517		35,228
Navigator Aircraft ABS Ltd.
2021-1, 2.77% due 11/15/463		2,989,583		2,603,688
Castlelake Aircraft Structured Trust
2021-1A, 3.47% due 01/15/463		2,699,204		2,477,518
Lunar Structured Aircraft Portfolio Notes
2021-1, 2.64% due 10/15/463		2,025,638		1,746,849
Sprite Ltd.
2021-1, 3.75% due 11/15/463		1,701,458		1,559,437
MACH 1 Cayman Ltd.
2019-1, 3.47% due 10/15/393		1,722,658		1,488,061
AASET US Ltd.
2018-2A, 4.45% due 11/18/383		1,526,543		1,336,690
Sapphire Aviation Finance II Ltd.
2020-1A, 3.23% due 03/15/403		1,563,652		1,333,967
Falcon Aerospace Ltd.
2019-1, 3.60% due 09/15/393		992,540		906,057
2017-1, 4.58% due 02/15/423		148,738		139,038
Raspro Trust
2005-1A, 6.18% (3 Month Term SOFR + 1.19%, Rate Floor: 0.93%) due 03/23/24◊,3		984,943		980,589
MAPS Ltd.
2018-1A, 4.21% due 05/15/433		950,263		851,882
Slam Ltd.
2021-1A, 2.43% due 06/15/463		843,700		729,244
Sapphire Aviation Finance I Ltd.
2018-1A, 4.25% due 03/15/403		679,055		604,570

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 21.7% (continued)
Transport-Aircraft -  1.3% (continued)
WAVE LLC
2019-1, 3.60% due 09/15/443		708,628	$	591,718
Castlelake Aircraft Securitization Trust
2018-1, 4.13% due 06/15/433		526,328		479,831
Total Transport-Aircraft				24,497,393
Net Lease -  1.2%
CF Hippolyta Issuer LLC
2022-1A, 6.11% due 08/15/623		2,687,109		2,624,145
2020-1, 2.28% due 07/15/603		674,589		617,315
CARS-DB4, LP
2020-1A, 3.81% due 02/15/503		2,221,406		1,880,034
2020-1A, 4.95% due 02/15/503		1,500,000		1,253,071
SVC ABS LLC
2023-1A, 5.15% due 02/20/533		3,236,458		3,114,372
CMFT Net Lease Master Issuer LLC
2021-1, 3.44% due 07/20/513		3,570,000		2,615,522
STORE Master Funding I-VII
2016-1A, 3.96% due 10/20/463		2,484,654		2,344,908
Oak Street Investment Grade Net Lease Fund Series
2020-1A, 2.26% due 11/20/503		2,498,958		2,259,662
CF Hippolyta LLC
2020-1, 2.60% due 07/15/603		2,479,789		2,023,410
Capital Automotive REIT
2020-1A, 3.48% due 02/15/503		1,234,115		1,123,573
2021-1A, 2.76% due 08/15/513		995,208		732,224
STORE Master Funding LLC
2021-1A, 2.96% due 06/20/513		1,975,000		1,520,596
AFN ABSPROP001 LLC
2021-1A, 2.21% due 05/20/513		1,575,469		1,327,745
Total Net Lease				23,436,577
Single Family Residence -  0.8%
Tricon Residential Trust
2023-SFR1, 5.10% due 07/17/403		2,722,000		2,632,541
2021-SFR1, 2.34% due 07/17/383		2,850,000		2,596,067
2023-SFR2, 5.00% due 12/17/283		2,550,000		2,445,800
FirstKey Homes Trust
2020-SFR2, 2.67% due 10/19/373		2,250,000		2,095,627
2020-SFR2, 4.00% due 10/19/373		1,400,000		1,307,099
2020-SFR2, 4.50% due 10/19/373		1,350,000		1,264,190
2020-SFR2, 3.37% due 10/19/373		900,000		834,220
Home Partners of America Trust
2021-3, 2.80% due 01/17/413		918,621		793,105
2021-2, 2.40% due 12/17/263		481,120		433,087
Total Single Family Residence				14,401,736
Infrastructure -  0.7%
Stack Infrastructure Issuer LLC
2023-3A, 5.90% due 10/25/483		2,000,000		1,992,514
2023-1A, 5.90% due 03/25/483		1,000,000		983,972
2020-1A, 1.89% due 08/25/453		1,000,000		925,723
Hotwire Funding LLC
2021-1, 2.31% due 11/20/513		2,000,000		1,803,988
2023-1A, 5.69% due 05/20/533		1,005,000		996,154
Vantage Data Centers Issuer LLC
2020-1A, 1.65% due 09/15/453		1,366,000		1,263,008
2019-1A, 3.19% due 07/15/443		1,124,083		1,103,286
VB-S1 Issuer LLC - VBTEL
2022-1A, 4.29% due 02/15/523		2,500,000		2,252,804
Aligned Data Centers Issuer LLC
2021-1A, 1.94% due 08/15/463		2,500,000		2,240,577
Total Infrastructure				13,562,026
Transport-Container -  0.5%
Textainer Marine Containers VII Ltd.
2020-1A, 2.73% due 08/21/453		2,921,681		2,726,359
2021-2A, 2.23% due 04/20/463		1,549,733		1,382,750
MC Ltd.
2021-1, 2.63% due 11/05/353		3,200,000		2,872,685
CLI Funding VI LLC
2020-1A, 2.08% due 09/18/453		1,134,325		1,013,061

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 21.7% (continued)
Transport-Container -  0.5% (continued)
TIF Funding II LLC
2021-1A, 1.65% due 02/20/463		730,906	$	627,480
Total Transport-Container				8,622,335
Collateralized Debt Obligations -  0.3%
Anchorage Credit Funding 4 Ltd.
2021-4A AR, 2.72% due 04/27/393		7,250,000		6,318,374
Automotive -  0.1%
Avis Budget Rental Car Funding AESOP LLC
2023-8A, 6.66% due 02/20/303		1,600,000		1,652,840
Insurance -  0.0%
CHEST
7.13% due 03/15/43†††		950,000		962,778
Total Asset-Backed Securities
(Cost $423,950,136)				409,787,240
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 19.0%
Government Agency -  13.4%
Fannie Mae
5.50% due 05/01/53		28,757,705		28,891,559
5.00% due 06/01/53		26,835,797		26,588,348
5.00% due 05/01/53		17,424,145		17,242,056
5.00% due 04/01/53		13,004,281		12,871,776
4.00% due 06/01/52		7,005,514		6,671,960
5.00% due 08/01/53		5,814,172		5,753,488
4.00% due 07/01/52		5,812,412		5,520,443
6.50% due 04/25/49		3,878,560		4,016,135
2.00% due 03/01/52		4,622,563		3,807,971
2.50% due 10/01/51		3,825,009		3,270,056
2.36% due 08/01/50		4,430,677		3,114,542
3.00% due 03/01/52		3,141,806		2,785,422
5.00% due 09/01/52		2,134,192		2,114,133
2.78% due 05/01/51		2,642,057		1,971,733
2.32% due 02/01/51		1,999,506		1,433,446
2.00% due 09/01/50		2,024,329		1,401,978
2.11% due 10/01/50		1,786,028		1,258,133
2.27% due 02/01/51		1,665,043		1,186,252
2.39% due 02/01/51		1,386,268		1,004,924
4.24% due 08/01/48		995,339		900,038
2.58% due 10/01/51		1,159,478		847,899
3.46% due 08/01/49		927,623		786,710
2.68% due 04/01/50		928,011		716,051
4.07% due 05/01/49		746,696		677,945
4.37% due 10/01/48		696,971		654,932
4.25% due 05/01/48		612,353		563,114
due 12/25/436		696,187		535,003
Freddie Mac
5.50% due 09/01/53		15,976,217		16,236,018
5.50% due 06/01/53		12,809,372		12,884,027
3.00% due 08/01/52		14,291,599		12,726,805
5.00% due 04/01/53		12,852,364		12,720,320
3.00% due 06/01/52		14,254,575		12,679,129
5.00% due 06/01/53		11,111,277		10,992,483
5.00% due 08/01/53		8,159,465		8,237,499
4.00% due 02/01/53		7,768,683		7,426,857
5.00% due 09/01/52		5,599,205		5,546,577
5.00% due 03/01/53		4,306,968		4,263,682
4.00% due 10/01/52		3,078,645		2,923,871
4.00% due 04/01/52		1,978,116		1,888,235
1.98% due 05/01/50		1,330,993		907,809
Freddie Mac Seasoned Credit Risk Transfer Trust
2.00% due 05/25/60		3,198,095		2,529,977
2.00% due 11/25/59		1,219,553		965,004
Fannie Mae-Aces
1.49% (WAC) due 03/25/35◊,7		17,515,517		1,713,643
Ginnie Mae
6.00% due 06/20/47		1,136,010		1,162,053
FARM Mortgage Trust
2.18% (WAC) due 01/25/51◊,3		851,464		664,362
Total Government Agency				253,054,398
Residential Mortgage-Backed Securities -  3.0%
COLT Mortgage Loan Trust
2023-4, 7.62% due 10/25/683,10		3,971,003		4,043,922
2023-3, 7.18% due 09/25/683,10		3,051,733		3,125,827
2021-2, 2.38% (WAC) due 08/25/66◊,3		4,000,000		2,423,913
2023-3, 7.58% due 09/25/683,10		984,430		996,724
GCAT Trust
2022-NQM3, 4.35% (WAC) due 04/25/67◊,3		3,142,981		2,911,159
2023-NQM3, 6.89% (WAC) due 08/25/68◊,3		1,962,432		1,991,936
2023-NQM3, 7.34% (WAC) due 08/25/68◊,3		1,962,432		1,990,945
OBX Trust
2023-NQM9, 7.66% due 10/25/633,10		3,895,009		3,974,757
2022-NQM8, 6.10% due 09/25/623,10		866,748		858,653
2022-NQM9, 6.45% due 09/25/623,10		574,146		580,089
BRAVO Residential Funding Trust
2023-NQM2, 4.50% due 05/25/623,10		1,841,335		1,728,560
2023-NQM8, 7.10% due 10/25/633,10		1,500,000		1,509,353
2021-HE1, 6.84% (30 Day Average SOFR + 1.50%, Rate Floor: 0.00%) due 01/25/70◊,3		1,000,000		985,206
RCKT Mortgage Trust
2023-CES2, 6.81% (WAC) due 09/25/43◊,3		3,870,233		3,925,155

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 19.0% (continued)
Residential Mortgage-Backed Securities -  3.0% (continued)
Mill City Mortgage Loan Trust
2021-NMR1, 2.50% (WAC) due 11/25/60◊,3		4,800,000	$	3,920,093
Towd Point Mortgage Trust
2023-CES2, 7.29% (WAC) due 10/25/63◊,3		2,061,108		2,108,848
2023-CES1, 6.75% (WAC) due 07/25/63◊,3		918,682		933,246
PRPM LLC
2021-RPL2, 2.93% (WAC) due 10/25/51◊,3		2,472,000		1,983,202
2023-RCF1, 4.00% due 06/25/533,10		919,811		885,069
CFMT LLC
2022-HB9, 3.25% (WAC) due 09/25/37◊		2,714,420		2,498,964
Verus Securitization Trust
2023-7, 7.42% due 10/25/683,10		1,473,504		1,495,039
2019-4, 3.85% due 11/25/593		497,072		482,030
Saluda Grade Alternative Mortgage Trust
2023-FIG4, 6.72% (WAC) due 11/25/53◊,3		1,850,000		1,878,906
Angel Oak Mortgage Trust
2023-1, 4.75% due 09/26/673,10		1,492,687		1,441,131
2020-1, 2.77% (WAC) due 12/25/59◊,3		300,307		279,333
Imperial Fund Mortgage Trust
2022-NQM2, 4.02% (WAC) due 03/25/67◊,3		874,925		794,544
2022-NQM2, 4.20% (WAC) due 03/25/67◊,3		874,925		787,219
Starwood Mortgage Residential Trust
2020-1, 2.41% (WAC) due 02/25/50◊,3		697,814		654,878
2020-1, 2.56% (WAC) due 02/25/50◊,3		697,814		654,543
SPS Servicer Advance Receivables Trust
2020-T2, 1.83% due 11/15/553		1,250,000		1,156,610
CSMC Trust
2018-RPL9, 3.85% (WAC) due 09/25/57◊,3		738,569		715,214
2020-NQM1, 1.72% due 05/25/653,10		194,348		173,872
American Home Mortgage Investment Trust
2007-1, 2.08% due 05/25/477		5,970,665		869,320
MFRA Trust
2021-INV1, 2.29% (WAC) due 01/25/56◊,3		700,000		581,549
Securitized Asset-Backed Receivables LLC Trust
2006-HE2, 5.77% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 07/25/36◊		1,391,097		543,243
New Residential Mortgage Loan Trust
2019-6A, 3.50% (WAC) due 09/25/59◊,3		430,733		402,611
RALI Series Trust
2006-QO2, 5.91% (1 Month Term SOFR + 0.55%, Rate Floor: 0.44%) due 02/25/46◊		1,487,218		288,762
MASTR Adjustable Rate Mortgages Trust
2003-5, 2.58% (WAC) due 11/25/33◊		218,520		189,288
Washington Mutual Mortgage Pass-Through Certificates WMALT Series Trust
2006-AR9, 5.85% (1 Year CMT Rate + 0.84%, Rate Floor: 0.84%) due 11/25/46◊		228,019		182,724
GS Mortgage-Backed Securities Trust
2020-NQM1, 1.79% (WAC) due 09/27/60◊,3		185,058		167,072
Residential Mortgage Loan Trust
2020-1, 2.68% (WAC) due 01/26/60◊,3		118,320		111,882
UCFC Manufactured Housing Contract
1997-2, 7.38% due 10/15/28		17,429		17,270
Total Residential Mortgage-Backed Securities				57,242,661
Commercial Mortgage-Backed Securities -  1.9%
GS Mortgage Securities Trust
2020-GSA2, 2.34% due 12/12/53		8,000,000		5,741,099
2020-GC45, 0.66% (WAC) due 02/13/53◊,7		18,726,159		535,838
2019-GC42, 0.80% (WAC) due 09/10/52◊,7		14,817,461		488,178
DBGS Mortgage Trust
2018-C1, 4.65% (WAC) due 10/15/51◊		7,000,000		6,169,471

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 19.0% (continued)
Commercial Mortgage-Backed Securities -  1.9% (continued)
JP Morgan Chase Commercial Mortgage Securities Trust
2021-NYAH, 7.32% (1 Month Term SOFR + 1.95%, Rate Floor: 1.84%) due 06/15/38◊,3		4,000,000	$	3,244,007
2016-JP3, 3.43% (WAC) due 08/15/49◊		4,000,000		2,781,970
CD Mortgage Trust
2017-CD4, 3.95% (WAC) due 05/10/50◊		4,750,000		3,951,376
2016-CD1, 1.36% (WAC) due 08/10/49◊,7		2,077,913		50,708
BX Commercial Mortgage Trust
2021-VOLT, 7.48% (1 Month Term SOFR + 2.11%, Rate Floor: 2.00%) due 09/15/36◊,3		3,450,000		3,298,403
SMRT
2022-MINI, 7.31% (1 Month Term SOFR + 1.95%, Rate Floor: 1.95%) due 01/15/39◊,3		2,000,000		1,902,128
Life Mortgage Trust
2021-BMR, 6.88% (1 Month Term SOFR + 1.51%, Rate Floor: 1.40%) due 03/15/38◊,3		1,965,940		1,891,806
GS Mortgage Securities Corporation Trust
2020-DUNE, 6.99% (1 Month Term SOFR + 1.46%, Rate Floor: 1.35%) due 12/15/36◊,3		1,000,000		983,315
2020-UPTN, 3.25% (WAC) due 02/10/37◊,3		1,000,000		901,461
Extended Stay America Trust
2021-ESH, 7.73% (1 Month Term SOFR + 2.36%, Rate Floor: 2.25%) due 07/15/38◊,3		1,026,784		1,008,729
BENCHMARK Mortgage Trust
2019-B14, 0.77% (WAC) due 12/15/62◊,7		19,634,488		522,103
2018-B6, 0.40% (WAC) due 10/10/51◊,7		28,707,998		344,134
Citigroup Commercial Mortgage Trust
2019-GC43, 0.62% (WAC) due 11/10/52◊,7		19,802,402		543,105
2016-GC37, 1.65% (WAC) due 04/10/49◊,7		2,796,942		75,003
2016-C2, 1.66% (WAC) due 08/10/49◊,7		2,182,232		68,167
2016-P5, 1.38% (WAC) due 10/10/49◊,7		1,552,306		43,465
CSAIL Commercial Mortgage Trust
2019-C15, 1.03% (WAC) due 03/15/52◊,7		12,028,028		437,813
COMM Mortgage Trust
2015-CR24, 0.69% (WAC) due 08/10/48◊,7		36,669,261		294,172
2015-CR26, 0.89% (WAC) due 10/10/48◊,7		8,137,042		88,467
SG Commercial Mortgage Securities Trust
2016-C5, 1.86% (WAC) due 10/10/48◊,7		7,744,021		242,091
UBS Commercial Mortgage Trust
2017-C2, 1.07% (WAC) due 08/15/50◊,7		7,885,835		236,305
Morgan Stanley Capital I Trust
2016-UB11, 1.44% (WAC) due 08/15/49◊,7		5,720,377		167,415
JPMDB Commercial Mortgage Securities Trust
2016-C2, 1.48% (WAC) due 06/15/49◊,7		6,206,608		156,925
Wells Fargo Commercial Mortgage Trust
2016-NXS5, 1.40% (WAC) due 01/15/59◊,7		3,228,480		74,046
2016-C37, 0.78% (WAC) due 12/15/49◊,7		2,411,470		41,518
CFCRE Commercial Mortgage Trust
2016-C3, 0.98% (WAC) due 01/10/48◊,7		5,263,069		81,370
Total Commercial Mortgage-Backed Securities				36,364,588
Military Housing -  0.7%
Freddie Mac Military Housing Bonds Resecuritization Trust Certificates
2015-R1, 4.49% (WAC) due 11/25/55◊,3		6,816,503		5,618,129
2015-R1, 4.44% (WAC) due 11/25/52◊,3		2,748,914		2,383,560
2015-R1, 0.70% (WAC) due 11/25/55◊,3,7		9,999,693		632,982
Capmark Military Housing Trust
2006-RILY, 6.15% due 07/10/51†††,3		2,238,364		2,095,691
2007-ROBS, 6.06% due 10/10/52†††,3		449,834		420,320
2007-AETC, 5.75% due 02/10/52†††,3		264,554		238,021

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 19.0% (continued)
Military Housing -  0.7% (continued)
GMAC Commercial Mortgage Asset Corp.
2007-HCKM, 6.11% due 08/10/52†††,3		1,414,201	$	1,408,898
Total Military Housing				12,797,601
Total Collateralized Mortgage Obligations
(Cost $380,627,277)				359,459,248
CORPORATE BONDS†† - 18.0%
Financial -  9.5%
Pershing Square Holdings Ltd.
3.25% due 10/01/313		6,200,000		4,872,518
3.25% due 11/15/30		4,000,000		3,245,920
Nippon Life Insurance Co.
2.75% due 01/21/512,3		8,150,000		6,750,520
BPCE S.A.
2.28% due 01/20/322,3		8,200,000		6,568,357
Reliance Standard Life Global Funding II
2.75% due 05/07/253		5,989,000		5,754,820
Wilton RE Ltd.
6.00% 2,3,11		6,237,000		5,517,519
Blue Owl Capital GP LLC
7.21% due 08/22/43†††		5,000,000		5,160,950
GLP Capital Limited Partnership / GLP Financing II, Inc.
4.00% due 01/15/31		4,650,000		4,187,946
5.30% due 01/15/29		900,000		894,796
GA Global Funding Trust
1.63% due 01/15/263		5,450,000		5,015,631
Liberty Mutual Group, Inc.
4.13% due 12/15/512,3		5,800,000		4,859,821
American Equity Investment Life Holding Co.
5.00% due 06/15/27		5,036,000		4,836,149
Allianz SE
3.20% 2,3,11		5,000,000		3,946,490
Iron Mountain, Inc.
4.50% due 02/15/313		1,917,000		1,735,877
5.25% due 07/15/303		1,283,000		1,221,297
5.63% due 07/15/323		1,000,000		946,670
FS KKR Capital Corp.
2.63% due 01/15/27		2,150,000		1,929,811
3.25% due 07/15/27		1,800,000		1,637,332
Safehold GL Holdings LLC
2.85% due 01/15/32		2,428,000		1,967,583
2.80% due 06/15/31		1,931,000		1,586,639
Morgan Stanley
2.70% due 01/22/312		4,000,000		3,496,706
PartnerRe Finance B LLC
4.50% due 10/01/502		4,040,000		3,439,025
Macquarie Group Ltd.
2.87% due 01/14/332,3		2,150,000		1,767,397
2.69% due 06/23/322,3		2,000,000		1,641,151
Jefferies Financial Group, Inc.
2.75% due 10/15/32		2,720,000		2,227,837
2.63% due 10/15/31		1,400,000		1,159,641
Maple Grove Funding Trust I
4.16% due 08/15/513		4,750,000		3,326,733
Ares Finance Company II LLC
3.25% due 06/15/303		3,660,000		3,232,144
Fairfax Financial Holdings Ltd.
3.38% due 03/03/31		2,500,000		2,196,916
5.63% due 08/16/32		1,000,000		999,030
Macquarie Bank Ltd.
3.62% due 06/03/303		3,570,000		3,102,265
Host Hotels & Resorts, LP
3.50% due 09/15/30		3,385,000		3,019,826
Nationwide Mutual Insurance Co.
4.35% due 04/30/503		3,687,000		2,955,325
First American Financial Corp.
4.00% due 05/15/30		3,180,000		2,859,990
Fidelity National Financial, Inc.
3.40% due 06/15/30		3,085,000		2,749,284
2.45% due 03/15/31		70,000		57,988
Rocket Mortgage LLC / Rocket Mortgage Company-Issuer, Inc.
3.88% due 03/01/313		3,150,000		2,770,413
OneAmerica Financial Partners, Inc.
4.25% due 10/15/503		3,620,000		2,603,882
Accident Fund Insurance Company of America
8.50% due 08/01/323		2,450,000		2,486,050
Reinsurance Group of America, Inc.
3.15% due 06/15/30		2,764,000		2,480,733
UBS Group AG
2.10% due 02/11/322,3		2,950,000		2,352,975
Belrose Funding Trust
2.33% due 08/15/303		2,780,000		2,220,279
Jefferies Finance LLC / JFIN Company-Issuer Corp.
5.00% due 08/15/283		2,450,000		2,192,944
Sumitomo Life Insurance Co.
3.38% due 04/15/812,3		2,500,000		2,133,924
Standard Chartered plc
4.64% due 04/01/312,3		2,250,000		2,119,777
Mid-Atlantic Military Family Communities LLC
5.30% due 08/01/503		2,164,746		1,915,512
Assurant, Inc.
2.65% due 01/15/32		2,300,000		1,857,222
Westpac Banking Corp.
3.02% due 11/18/362		1,200,000		975,471
2.96% due 11/16/40		805,000		557,362
2.67% due 11/15/352		295,000		239,951
Stewart Information Services Corp.
3.60% due 11/15/31		2,250,000		1,752,580

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 18.0% (continued)
Financial -  9.5% (continued)
QBE Insurance Group Ltd.
5.88% 2,3,11		1,750,000	$	1,705,010
KKR Group Finance Company VIII LLC
3.50% due 08/25/503		2,360,000		1,678,486
Manulife Financial Corp.
2.48% due 05/19/27		1,800,000		1,667,412
Americo Life, Inc.
3.45% due 04/15/313		2,060,000		1,612,832
Bank of America Corp.
2.59% due 04/29/312		1,800,000		1,551,222
Trustage Financial Group, Inc.
4.63% due 04/15/323		1,750,000		1,524,120
Dyal Capital Partners III
4.40% due 06/15/40†††		1,750,000		1,499,172
HS Wildcat LLC
3.83% due 12/31/50†††		1,990,513		1,492,208
Brookfield Finance, Inc.
4.70% due 09/20/47		650,000		565,007
3.50% due 03/30/51		630,000		460,680
3.63% due 02/15/52		620,000		440,561
Australia & New Zealand Banking Group Ltd.
2.57% due 11/25/352,3		1,800,000		1,451,676
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen
5.88% due 05/23/422,3		1,350,000		1,350,000
AmFam Holdings, Inc.
2.81% due 03/11/313		1,750,000		1,340,463
Global Atlantic Finance Co.
3.13% due 06/15/313		1,582,000		1,296,043
ABN AMRO Bank N.V.
2.47% due 12/13/292,3		1,400,000		1,231,591
National Australia Bank Ltd.
2.33% due 08/21/303		1,500,000		1,221,973
Brookfield Capital Finance LLC
6.09% due 06/14/33		1,100,000		1,147,276
Societe Generale S.A.
2.89% due 06/09/322,3		1,300,000		1,072,645
Horace Mann Educators Corp.
7.25% due 09/15/28		950,000		1,010,135
Prudential Financial, Inc.
3.70% due 10/01/502		1,160,000		1,005,651
Corebridge Financial, Inc.
6.88% due 12/15/522		1,000,000		996,606
Belvoir Land LLC
5.60% due 12/15/353		1,000,000		977,341
JPMorgan Chase & Co.
2.96% due 05/13/312		1,093,000		960,500
Sumitomo Mitsui Financial Group, Inc.
2.22% due 09/17/31		1,050,000		865,390
Fort Moore Family Communities LLC
6.09% due 01/15/513		874,640		826,798
Apollo Management Holdings, LP
2.65% due 06/05/303		930,000		804,314
Central Storage Safety Project Trust
4.82% due 02/01/389		838,080		732,812
CNO Financial Group, Inc.
5.25% due 05/30/29		700,000		691,056
Brown & Brown, Inc.
2.38% due 03/15/31		800,000		655,809
Protective Life Corp.
3.40% due 01/15/303		740,000		654,270
Penn Mutual Life Insurance Co.
3.80% due 04/29/613		950,000		637,654
Western & Southern Life Insurance Co.
3.75% due 04/28/613		850,000		592,711
Assured Guaranty US Holdings, Inc.
3.60% due 09/15/51		800,000		570,867
Lincoln National Corp.
4.38% due 06/15/50		713,000		561,463
Kemper Corp.
2.40% due 09/30/30		675,000		522,816
Fidelity & Guaranty Life Holdings, Inc.
5.50% due 05/01/253		400,000		395,051
Cooperatieve Rabobank UA
4.66% due 08/22/282,3		400,000		393,907
Hanover Insurance Group, Inc.
2.50% due 09/01/30		480,000		393,258
Brookfield Finance LLC / Brookfield Finance, Inc.
3.45% due 04/15/50		470,000		327,256
Cushman & Wakefield US Borrower LLC
6.75% due 05/15/283		296,000		294,520
KKR Group Finance Company III LLC
5.13% due 06/01/443		100,000		91,426
Total Financial				178,796,967
Consumer, Cyclical -  2.1%
Hyatt Hotels Corp.
5.38% due 04/23/25		3,950,000		3,954,382
5.75% due 04/23/30		3,010,000		3,110,018
Choice Hotels International, Inc.
3.70% due 01/15/31		7,340,000		6,327,449
Whirlpool Corp.
4.60% due 05/15/50		4,840,000		4,077,563
Delta Air Lines, Inc.
7.00% due 05/01/253		3,014,000		3,066,480
Alt-2 Structured Trust
2.95% due 05/14/31◊,†††		3,107,377		2,808,105
Smithsonian Institution
2.70% due 09/01/44		4,000,000		2,715,683

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 18.0% (continued)
Consumer, Cyclical -  2.1% (continued)
British Airways Class A Pass Through Trust
4.25% due 11/15/323		1,944,336	$	1,810,156
2.90% due 03/15/353		786,129		671,825
Delta Air Lines, Inc. / SkyMiles IP Ltd.
4.50% due 10/20/253		2,098,000		2,066,122
Warnermedia Holdings, Inc.
5.14% due 03/15/52		1,428,000		1,225,732
6.41% due 03/15/26		600,000		600,408
Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd.
6.50% due 06/20/273		1,785,000		1,790,068
Ferguson Finance plc
3.25% due 06/02/303		1,204,000		1,076,708
4.65% due 04/20/323		600,000		579,739
United Airlines 2023-1 Class A Pass Through Trust
5.80% due 01/15/36		1,450,000		1,470,426
Polaris, Inc.
6.95% due 03/15/29		1,050,000		1,116,868
American Airlines Class AA Pass Through Trust
3.20% due 06/15/28		674,500		613,824
Steelcase, Inc.
5.13% due 01/18/29		42,000		39,807
Total Consumer, Cyclical				39,121,363
Consumer, Non-cyclical -  1.8%
Altria Group, Inc.
3.40% due 05/06/30		2,510,000		2,289,565
4.45% due 05/06/50		1,365,000		1,082,433
3.70% due 02/04/51		1,280,000		900,548
JBS USA LUX S.A. / JBS USA Food Company / JBS USA Finance, Inc.
5.50% due 01/15/30		2,200,000		2,162,108
3.00% due 05/15/32		1,750,000		1,424,782
4.38% due 02/02/52		600,000		446,666
Smithfield Foods, Inc.
2.63% due 09/13/313		2,400,000		1,856,272
5.20% due 04/01/293		1,200,000		1,148,460
3.00% due 10/15/303		970,000		796,295
CoStar Group, Inc.
2.80% due 07/15/303		4,130,000		3,510,248
Global Payments, Inc.
2.90% due 05/15/30		1,620,000		1,424,921
2.90% due 11/15/31		1,650,000		1,411,392
BAT Capital Corp.
3.98% due 09/25/50		2,800,000		1,970,584
Royalty Pharma plc
3.55% due 09/02/50		2,690,000		1,909,912
Triton Container International Ltd.
3.15% due 06/15/313		2,100,000		1,670,598
Element Fleet Management Corp.
6.32% due 12/04/283		1,500,000		1,549,150
California Institute of Technology
3.65% due 09/01/19		2,000,000		1,424,311
Yale-New Haven Health Services Corp.
2.50% due 07/01/50		2,250,000		1,397,021
Universal Health Services, Inc.
2.65% due 10/15/30		1,320,000		1,119,266
Transurban Finance Company Pty Ltd.
2.45% due 03/16/313		1,300,000		1,082,031
Kimberly-Clark de Mexico SAB de CV
2.43% due 07/01/313		1,027,000		881,575
Wisconsin Alumni Research Foundation
3.56% due 10/01/49		1,000,000		792,489
Kraft Heinz Foods Co.
7.13% due 08/01/393		650,000		770,018
OhioHealth Corp.
3.04% due 11/15/50		1,000,000		730,518
Children's Hospital Corp.
2.59% due 02/01/50		1,000,000		648,524
Catalent Pharma Solutions, Inc.
3.13% due 02/15/293		250,000		218,780
Triton Container International Limited / TAL International Container Corp.
3.25% due 03/15/32		200,000		160,116
Total Consumer, Non-cyclical				34,778,583
Industrial -  1.4%
Howmet Aerospace, Inc.
3.00% due 01/15/29		3,800,000		3,472,250
FLNG Liquefaction 3 LLC
3.08% due 06/30/39†††		4,109,105		3,225,935
TD SYNNEX Corp.
2.65% due 08/09/31		2,142,000		1,730,305
2.38% due 08/09/28		1,600,000		1,380,462
Vontier Corp.
2.95% due 04/01/31		3,450,000		2,902,993
Flowserve Corp.
3.50% due 10/01/30		1,810,000		1,598,866
2.80% due 01/15/32		1,150,000		949,920
Fortune Brands Innovations, Inc.
4.00% due 03/25/32		2,050,000		1,909,522
Owens Corning
3.88% due 06/01/30		1,839,000		1,724,998
Cliffwater Corporate Lending Fund
6.77% due 08/04/28†††		1,550,000		1,554,976
Stadco LA, LLC
3.75% due 05/15/56†††		2,000,000		1,385,640
Level 3 Financing, Inc.
4.25% due 07/01/28		2,175,000		1,261,500
11.00% due 11/15/29†††		323,607		–

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 18.0% (continued)
Industrial -  1.4% (continued)
Amcor Flexibles North America, Inc.
2.63% due 06/19/30		1,230,000	$	1,063,257
Cellnex Finance Company S.A.
3.88% due 07/07/413		1,372,000		1,062,710
IP Lending V Ltd.
5.13% due 04/02/26†††,3		1,050,000		1,016,768
Norfolk Southern Corp.
4.10% due 05/15/21		600,000		451,781
Total Industrial				26,691,883
Energy -  1.1%
BP Capital Markets plc
4.88% 2,11		6,401,000		6,079,654
ONEOK, Inc.
6.05% due 09/01/33		3,800,000		4,026,167
Galaxy Pipeline Assets Bidco Ltd.
3.25% due 09/30/403		2,986,000		2,336,979
Targa Resources Partners Limited Partnership / Targa Resources Partners Finance Corp.
6.88% due 01/15/29		2,158,000		2,228,588
Magellan Midstream Partners, LP
3.95% due 03/01/50		2,000,000		1,527,992
Midwest Connector Capital Company LLC
4.63% due 04/01/293		1,050,000		1,010,890
Viper Energy, Inc.
7.38% due 11/01/313		850,000		879,750
Greensaif Pipelines Bidco SARL
6.51% due 02/23/423		400,000		422,850
6.13% due 02/23/383		350,000		364,901
Kinder Morgan Energy Partners, LP
5.80% due 03/15/35		725,000		738,157
NuStar Logistics, LP
6.38% due 10/01/30		534,000		534,945
6.00% due 06/01/26		200,000		199,648
TransCanada PipeLines Ltd.
6.20% due 03/09/26		700,000		699,948
Total Energy				21,050,469
Technology -  0.8%
Entegris Escrow Corp.
4.75% due 04/15/293		3,700,000		3,564,631
Broadcom, Inc.
4.93% due 05/15/373		2,306,000		2,231,586
3.19% due 11/15/363		217,000		175,847
Leidos, Inc.
2.30% due 02/15/31		1,750,000		1,464,758
5.75% due 03/15/33		500,000		521,389
4.38% due 05/15/30		200,000		191,477
Oracle Corp.
3.95% due 03/25/51		2,128,000		1,666,363
CDW LLC / CDW Finance Corp.
3.57% due 12/01/31		1,467,000		1,300,231
MSCI, Inc.
3.63% due 11/01/313		1,300,000		1,144,180
CGI, Inc.
2.30% due 09/14/31		1,300,000		1,062,855
Fiserv, Inc.
5.63% due 08/21/33		1,000,000		1,047,577
Booz Allen Hamilton, Inc.
5.95% due 08/04/33		700,000		739,477
Foundry JV Holdco LLC
5.88% due 01/25/343		400,000		410,854
Total Technology				15,521,225
Communications -  0.8%
British Telecommunications plc
4.88% due 11/23/812,3		2,900,000		2,479,204
4.25% due 11/23/812,3		500,000		461,204
9.63% due 12/15/30		150,000		185,610
Paramount Global
4.90% due 08/15/44		1,035,000		814,524
5.90% due 10/15/40		666,000		602,082
5.25% due 04/01/44		358,000		286,723
4.85% due 07/01/42		281,000		225,441
2.90% due 01/15/27		236,000		218,394
4.60% due 01/15/45		150,000		114,070
Charter Communications Operating LLC / Charter Communications Operating Capital
3.90% due 06/01/52		3,350,000		2,252,474
Vodafone Group plc
4.13% due 06/04/812		2,550,000		2,189,190
Virgin Media Secured Finance plc
4.50% due 08/15/303		2,350,000		2,092,205
Rogers Communications, Inc.
4.55% due 03/15/52		2,000,000		1,744,170
CSC Holdings LLC
4.13% due 12/01/303		600,000		456,450
Altice France S.A.
5.13% due 01/15/293		250,000		194,437
Telenet Finance Luxembourg Notes SARL
5.50% due 03/01/28		200,000		187,000
Discovery Communications LLC
5.20% due 09/20/47		217,000		186,947
Total Communications				14,690,125
Utilities -  0.3%
AES Corp.
3.95% due 07/15/303		1,760,000		1,625,001
NRG Energy, Inc.
2.45% due 12/02/273		1,750,000		1,577,774
Brooklyn Union Gas Co.
6.39% due 09/15/333		800,000		835,139

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 18.0% (continued)
Utilities -  0.3% (continued)
Enel Finance International N.V.
5.00% due 06/15/323		850,000	$	829,053
Alexander Funding Trust II
7.47% due 07/31/283		450,000		472,517
Total Utilities				5,339,484
Basic Materials -  0.2%
Anglo American Capital plc
5.63% due 04/01/303		1,800,000		1,826,971
3.95% due 09/10/503		970,000		736,606
2.63% due 09/10/303		250,000		212,670
Yamana Gold, Inc.
2.63% due 08/15/31		1,200,000		1,011,531
Total Basic Materials				3,787,778
Total Corporate Bonds
(Cost $392,993,344)				339,777,877
U.S. TREASURY BILLS†† - 3.5%
U.S. Treasury Bills
5.23% due 01/16/2412		55,055,000		54,942,436
5.26% due 01/02/2412		5,435,000		5,435,000
5.26% due 01/23/2412		4,945,000		4,929,803
Total U.S. Treasury Bills
(Cost $65,298,351)				65,307,239
FEDERAL AGENCY DISCOUNT NOTES†† - 1.5%
Federal Home Loan Bank
5.20% due 01/02/2412		21,760,000		21,756,801
5.25% due 01/12/2412		6,575,000		6,564,453
Total Federal Agency Discount Notes
(Cost $28,321,310)				28,321,254
SENIOR FLOATING RATE INTERESTS††,◊ - 1.3%
Industrial -  0.6%
Mileage Plus Holdings LLC
10.77% (3 Month Term SOFR + 5.25%, Rate Floor: 5.25%) due 06/21/27		5,915,000		6,109,367
XPO, Inc.
7.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 02/28/31		2,475,000		2,476,039
SkyMiles IP Ltd.
9.17% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 10/20/27		1,360,000		1,391,022
Air Canada
9.14% (3 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 08/11/28		444,761		445,455
Total Industrial				10,421,883
Technology -  0.3%
Datix Bidco Ltd.
9.69% (6 Month GBP SONIA + 4.50%, Rate Floor: 4.50%) due 04/28/25†††	GBP	2,900,000		3,678,561
RLDatix
9.94% (6 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 04/28/25†††		1,252,544		1,246,281
Total Technology				4,924,842
Consumer, Cyclical -  0.2%
Amaya Holdings BV
6.43% (3 Month EURIBOR + 2.50%, Rate Floor: 2.50%) due 07/21/26	EUR	4,000,000		4,415,150
Financial -  0.1%
Citadel Securities, LP
7.97% (1 Month Term SOFR + 2.61%, Rate Floor: 2.61%) due 07/29/30		1,947,625		1,950,060
Consumer, Non-cyclical -  0.1%
Southern Veterinary Partners LLC
9.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 10/05/27		1,054,496		1,050,014
HAH Group Holding Co. LLC
10.46% (1 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 10/29/27		260,643		257,875
Total Consumer, Non-cyclical				1,307,889
Energy -  0.0%
Venture Global Calcasieu Pass LLC
8.08% (1 Month Term SOFR + 2.73%, Rate Floor: 2.73%) due 08/19/26†††		444,419		443,308
Communications -  0.0%
Radiate Holdco LLC
8.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 09/25/26		161,095		128,411
Total Senior Floating Rate Interests
(Cost $24,139,347)				23,591,543
FEDERAL AGENCY BONDS†† - 1.0%
Tennessee Valley Authority Principal Strips
due 06/15/385,6		9,400,000		4,729,817
due 01/15/485,6		9,700,000		2,995,273
due 01/15/385		4,000,000		2,055,756
due 06/15/355,6		1,583,000		938,633
due 12/15/425,6		1,600,000		634,626
Tennessee Valley Authority
4.25% due 09/15/65		2,450,000		2,245,290
5.38% due 04/01/56		600,000		664,816
Federal Farm Credit Bank
3.51% due 06/11/40		3,300,000		2,843,715

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
FEDERAL AGENCY BONDS†† - 1.0% (continued)
U.S. International Development Finance Corp.
due 01/17/265		800,000	$	831,649
Total Federal Agency Bonds
(Cost $24,734,600)				17,939,575
MUNICIPAL BONDS†† - 0.5%
Texas -  0.2%
Tarrant County Cultural Education Facilities Finance Corp. Revenue Bonds
3.29% due 09/01/40		2,100,000		1,656,316
2.78% due 09/01/34		700,000		567,287
2.69% due 09/01/33		500,000		410,449
2.57% due 09/01/32		475,000		394,438
2.41% due 09/01/31		450,000		377,911
Grand Parkway Transportation Corp. Revenue Bonds
3.31% due 10/01/49		1,500,000		1,138,053
Total Texas				4,544,454
California -  0.2%
California Statewide Communities Development Authority Revenue Bonds
7.14% due 08/15/47		1,200,000		1,306,866
2.68% due 02/01/39		1,200,000		915,195
Total California				2,222,061
Idaho -  0.1%
Boise State University Revenue Bonds
3.06% due 04/01/40		1,150,000		916,096
Mississippi -  0.0%
Medical Center Educational Building Corp. Revenue Bonds
2.92% due 06/01/41		1,000,000		751,530
Ohio -  0.0%
County of Franklin Ohio Revenue Bonds
2.88% due 11/01/50		1,000,000		689,217
Alabama -  0.0%
Auburn University Revenue Bonds
2.68% due 06/01/50		1,000,000		656,694
Illinois -  0.0%
State of Illinois General Obligation Unlimited
5.65% due 12/01/38		416,667		417,544
Total Municipal Bonds
(Cost $12,797,080)				10,197,596
SENIOR FIXED RATE INTERESTS††† - 0.2%
Industrial -  0.2%
CTL Logistics
2.65% due 10/10/42		3,506,935		2,839,250
Total Senior Fixed Rate Interests
(Cost $3,506,935)				2,839,250
FOREIGN GOVERNMENT DEBT†† - 0.1%
Panama Government International Bond
4.50% due 01/19/63		2,600,000		1,696,406
4.50% due 04/16/50		1,450,000		1,003,631
Total Foreign Government Debt
(Cost $4,204,493)				2,700,037

		Notional Value
OTC OPTIONS PURCHASED†† - 0.0%
Call Options on:
Interest Rate Options
Morgan Stanley Capital Services LLC 10Y-2Y SOFR CMS CAP Expiring June 2024 with strike price of $0.10	USD	34,200,000		50,138
Barclays Bank plc 10Y-2Y SOFR CMS CAP Expiring June 2024 with strike price of $0.10	USD	33,900,000		49,698
Bank of America, N.A. 10Y-2Y SOFR CMS CAP Expiring June 2024 with strike price of $0.10	USD	17,150,000		25,142
Goldman Sachs International 10Y-2Y SOFR CMS CAP Expiring June 2024 with strike price of $0.10	USD	13,950,000		20,451
Total OTC Options Purchased
(Cost $447,756)				145,429
Total Investments - 104.8%
(Cost $2,081,171,354)			$	1,978,224,553
Other Assets & Liabilities, net - (4.8)%				(89,764,284	)
Total Net Assets - 100.0%			$	1,888,460,269

Futures Contracts      

Description	Number of Contracts		Expiration Date	Notional Amount		Value and Unrealized Appreciation**
Interest Rate Futures Contracts Purchased†
3-Month SOFR Futures Contracts		726	Jun 2025	$	175,274,550	$	1,326,507

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

Centrally Cleared Credit Default Swap Agreements Protection Purchased^††      

Counterparty	Exchange	Index	Protection Premium Rate			Payment Frequency	Maturity Date	Notional Amount~		Value			Upfront Premiums Paid(Received)			Unrealized Depreciation**
BofA Securities, Inc.	ICE	ITRAXX.EUR.38.V1		1.00	%	Quarterly	12/20/27		EUR14,500,000	$	(329,030	)	$	(106,173	)	$	(222,857	)
BofA Securities, Inc.	ICE	CDX.NA.HY.41.V2		5.00	%	Quarterly	12/20/28		9,108,000		(531,296	)		33,843			(565,139	)
										$	(860,326	)	$	(72,330	)	$	(787,996	)

Centrally Cleared Interest Rate Swap Agreements^††    

Counterparty	Exchange	Floating Rate Type	Floating Rate Index	Fixed Rate			Payment Frequency	Maturity Date	Notional Amount		Value		Upfront Premiums Paid		Unrealized Appreciation**
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.48	%	Annually	11/02/33	$	80,000,000	$	6,632,731	$	891	$	6,631,840
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.35	%	Annually	10/03/28		75,000,000		2,665,813		588		2,665,225
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.51	%	Annually	10/11/28		41,851,000		1,788,067		466		1,787,601
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.25	%	Annually	11/08/30		38,000,000		1,754,620		517		1,754,103
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.50	%	Annually	11/02/30		23,900,000		1,452,163		433		1,451,730
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.99	%	Annually	10/11/25		98,748,000		1,335,627		484		1,335,143
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.96	%	Annually	10/16/25		95,000,000		1,254,808		479		1,254,329
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.28	%	Annually	11/08/30		26,000,000		1,236,707		446		1,236,261
											$	18,120,536	$	4,304	$	18,116,232

Total Return Swap Agreements          

Counterparty

Index

Type

Financing Rate

Payment Frequency

Maturity Date

Units

Notional Amount

Value and Unrealized Appreciation (Depreciation)

OTC Credit Index Swap Agreements Sold Short††

JPMorgan Chase Bank, N.A.

iShares iBoxx $ Investment Grade Corporate Bond ETF

Receive

4.53% (Federal Funds Rate - 0.80%)

At Maturity

01/06/25

21,268

$

2,353,517

$

(84,646

)

OTC Equity Index Swap Agreements††

JPMorgan Chase Bank, N.A.

Vanguard Intermediate-Term Corporate Bond ETF

Pay

5.18% (Federal Funds Rate - 0.15%)

At Maturity

01/04/24

26,266

2,134,901

67,241

Bank of America, N.A.

Vanguard Short-Term Corporate Bond ETF

Pay

5.78% (Federal Funds Rate + 0.45%)

At Maturity

01/06/25

26,266

2,032,200

26,397

$

4,167,101

$

93,638

Forward Foreign Currency Exchange Contracts^††    

Counterparty	Currency	Type	Quantity		Contract Amount	Settlement Date	Unrealized Depreciation
Barclays Bank plc	GBP	Sell		2,931,000	3,682,928 USD	01/17/24	$	(53,981	)
Barclays Bank plc	EUR	Sell		8,948,000	9,673,298 USD	01/17/24		(213,583	)
							$	(267,564	)

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

~	The face amount is denominated in U.S. dollars unless otherwise indicated.
*	Non-income producing security.
**	Includes cumulative appreciation (depreciation).
†	Value determined based on Level 1 inputs, unless otherwise noted — See Note 3.
††	Value determined based on Level 2 inputs, unless otherwise noted — See Note 3.
†††	Value determined based on Level 3 inputs — See Note 3.
◊	Variable rate security. Rate indicated is the rate effective at December 31, 2023. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.
1	Special Purpose Acquisition Company (SPAC).
2	Security has a fixed rate coupon which will convert to a floating or variable rate coupon on a future date.
3	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) securities is $611,889,057 (cost $658,964,826), or 32.4% of total net assets.
4	Rate indicated is the 7-day yield as of December 31, 2023.
5	Zero coupon rate security.
6	Security is a principal-only strip.
7	Security is an interest-only strip.
8	Security has no stated coupon. However, it is expected to receive residual cash flow payments on defined deal dates.
9	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be illiquid and restricted under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) illiquid and restricted securities is $732,882 (cost $855,931), or 0.0% of total net assets — See Note 6.
10	Security is a step up/down bond. The coupon increases or decreases at regular intervals until the bond reaches full maturity. Rate indicated is the rate at December 31, 2023. See table below for additional step information for each security.
11	Perpetual maturity.
12	Rate indicated is the effective yield at the time of purchase.
13	Face amount of security is adjusted for inflation.

BofA — Bank of America

CDX.NA.HY.41.V2 — Credit Default Swap North American High Yield Series 41 Index Version 2

CME — Chicago Mercantile Exchange

CMS — Constant Maturity Swap

CMT — Constant Maturity Treasury

EUR — Euro

EURIBOR — European Interbank Offered Rate

GBP — British Pound

ICE — Intercontinental Exchange

ITRAXX.EUR.38.V1 — iTraxx Europe Series 38 Index Version 1

LIBOR — London Interbank Offered Rate

plc — Public Limited Company

REIT — Real Estate Investment Trust

SARL —  Société à Responsabilité Limitée

SOFR — Secured Overnight Financing Rate

SONIA — Sterling Overnight Index Average

WAC — Weighted Average Coupon

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments):

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs			Total
Common Stocks	$	13,087	$	—	$	62		$	13,149
Preferred Stocks		—		27,092,243		—	*		27,092,243
Warrants		685		—		7			692
Money Market Funds		67,838,877		—		—			67,838,877
U.S. Government Securities		—		623,213,304		—			623,213,304
Asset-Backed Securities		—		367,827,901		41,959,339			409,787,240
Collateralized Mortgage Obligations		—		355,296,318		4,162,930			359,459,248
Corporate Bonds		—		321,634,123		18,143,754			339,777,877
U.S. Treasury Bills		—		65,307,239		—			65,307,239
Federal Agency Discount Notes		—		28,321,254		—			28,321,254
Senior Floating Rate Interests		—		18,223,393		5,368,150			23,591,543
Federal Agency Bonds		—		17,939,575		—			17,939,575
Municipal Bonds		—		10,197,596		—			10,197,596
Senior Fixed Rate Interests		—		—		2,839,250			2,839,250
Foreign Government Debt		—		2,700,037		—			2,700,037
Options Purchased		—		145,429		—			145,429
Interest Rate Futures Contracts**		1,326,507		—		—			1,326,507
Interest Rate Swap Agreements**		—		18,116,232		—			18,116,232
Equity Index Swap Agreements**		—		93,638		—			93,638
Total Assets	$	69,179,156	$	1,856,108,282	$	72,473,492		$	1,997,760,930

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

Investments in Securities (Liabilities)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Credit Default Swap Agreements**	$	—	$	787,996	$	—	$	787,996
Forward Foreign Currency Exchange Contracts**		—		267,564		—		267,564
Credit Index Swap Agreements**		—		84,646		—		84,646
Total Liabilities	$	—	$	1,140,206	$	—	$	1,140,206

* Includes securities with a market value of $0.

** This derivative is reported as unrealized appreciation/depreciation at period end.

The following is a summary of significant unobservable inputs used in the fair valuation of assets and liabilities categorized within Level 3 of the fair value hierarchy:

Category	Ending Balance at December 31, 2023		Valuation Technique	Unobservable Inputs	Input Range		Weighted Average*
Assets:
Asset-Backed Securities	$	24,298,356	Option adjusted spread off prior month end broker quote	Broker Quote		—		—
Asset-Backed Securities		12,850,510	Yield Analysis	Yield		6.2%-6.9%		6.5%
Asset-Backed Securities		4,235,473	Third Party Pricing	Broker Quote		—		—
Asset-Backed Securities		575,000	Third Party Pricing	Trade Price		—		—
Collateralized Mortgage Obligations		4,162,930	Option adjusted spread off prior month end broker quote	Broker Quote		—		—
Common Stocks		62	Model Price	Liquidation Value		—		—
Corporate Bonds		14,318,881	Option adjusted spread off prior month end broker quote	Broker Quote		—		—
Corporate Bonds		2,808,105	Yield Analysis	Yield		5.9%		6.4%
Corporate Bonds		1,016,768	Third Party Pricing	Broker Quote		—		—
Senior Fixed Rate Interests		2,839,250	Option adjusted spread off prior month end broker quote	Broker Quote		—		—
Senior Floating Rate Interests		4,924,842	Yield Analysis	Yield		10.2%		—
Senior Floating Rate Interests		443,308	Third Party Pricing	Broker Quote		—		—
Warrants		7	Model Price	Liquidation Value		—		—
Total Assets	$	72,473,492

* Inputs are weighted by the fair value of the instruments.

Significant changes in a quote, yield, or liquidation value would generally result in significant changes in the fair value of the security. Any remaining Level 3 securities held by the Fund and excluded from the table above, were not considered material to the Fund.

The Fund’s fair valuation leveling guidelines classify a single daily broker quote, or a vendor price based on a single daily or monthly broker quote, as Level 3, if such a quote or price cannot be supported with other available market information.

Transfers between Level 2 and Level 3 may occur as markets fluctuate and/or the availability of data used in an investment’s valuation changes. For the period ended December 31, 2023, the Fund had securities with a total value of $443,308 transfer into Level 3 from Level 2 due to a lack of observable inputs and had securities with a total value of $6,797,774 transfer out of Level 3 into Level 2 due to the availability of current and reliable market-based data provided by a third-party pricing service which utilizes significant observable inputs.

Summary of Fair Value Level 3 Activity 

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value for the period ended December 31, 2023:

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Assets																					Liabilities
	Asset-Backed Securities			Collateralized Mortgage Obligations			Corporate Bonds			Senior Floating Rate Interests		Warrants		Common Stocks		Senior Fixed Rate Interests			Total Assets			Unfunded Loan Commitments
Beginning Balance	$	38,332,615		$	8,981,359		$	17,372,298		$	4,701,097	$	7	$	62	$	2,572,239		$	71,959,677		$	-
Purchases/(Receipts)		5,005,154			-			-			-		-		-		-			5,005,154			-
(Sales, maturities and paydowns)/Fundings		(536,504	)		(95,837	)		(94,577	)		-		-		-		(19,068	)		(745,986	)		-
Amortization of premiums/discounts		6,232			(2,499	)		899			8,177		-		-		-			12,809			-
Total realized gains (losses) included in earnings		(1,234	)		-			-			-		-		-		-			(1,234	)		-
Total change in unrealized appreciation (depreciation) included in earnings		805,916			424,841			865,134			215,568		-		-		286,079			2,597,538			-
Transfers into Level 3		-			-			-			443,308		-		-		-			443,308			-
Transfers out of Level 3		(1,652,840	)		(5,144,934	)		-			-		-		-		-			(6,797,774	)		-
Ending Balance	$	41,959,339		$	4,162,930		$	18,143,754		$	5,368,150	$	7	$	62	$	2,839,250		$	72,473,492		$	-
Net change in unrealized appreciation (depreciation) for investments in Level 3 securities still held at December 31, 2023	$	739,101		$	326,195		$	865,134		$	215,568	$	-	$	-	$	286,079		$	2,432,077		$	-

Step Coupon Bonds

The following table discloses additional information related to step coupon bonds held by the Fund. Certain securities are subject to multiple rate changes prior to maturity. For those securities, a range of rates and corresponding dates have been provided. Rates for all step coupon bonds held by the Fund are scheduled to increase, none are scheduled to decrease.

Name	Coupon Rate at Next Reset Date			Next Rate Reset Date
Angel Oak Mortgage Trust 2023-1, 4.75% due 09/26/67		5.75	%	01/01/27
BRAVO Residential Funding Trust 2023-NQM8, 7.10% due 10/25/63		8.10	%	11/01/27
BRAVO Residential Funding Trust 2023-NQM2, 4.50% due 05/25/62		5.50	%	02/01/27
COLT Mortgage Loan Trust 2023-4, 7.62% due 10/25/68		8.62	%	10/01/27
COLT Mortgage Loan Trust 2023-3, 7.18% due 09/25/68		8.18	%	09/01/27
COLT Mortgage Loan Trust 2023-3, 7.58% due 09/25/68		8.58	%	09/01/27
CSMC Trust 2020-NQM1, 1.72% due 05/25/65		2.72	%	09/26/24
OBX Trust 2022-NQM8, 6.10% due 09/25/62		7.10	%	10/01/26
OBX Trust 2022-NQM9, 6.45% due 09/25/62		7.45	%	11/01/26
OBX Trust 2023-NQM9, 7.66% due 10/25/63		8.66	%	10/01/27
PRPM LLC 2023-RCF1, 4.00% due 06/25/53		5.00	%	06/25/27
Verus Securitization Trust 2023-7, 7.42% due 10/25/68		8.42	%	10/01/27

Diversified Income Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
MUTUAL FUNDS† - 89.8%
Guggenheim High Yield Fund — R6-Class1		206,394	$	2,026,787
Guggenheim RBP Large-Cap Market Fund — Institutional Class1		136,016		1,625,388
Guggenheim Floating Rate Strategies Fund — R6-Class1		33,240		818,042
Guggenheim RBP Dividend Fund — Institutional Class1		60,502		799,836
Guggenheim Core Bond Fund — Institutional Class1		47,044		769,167
Guggenheim Risk Managed Real Estate Fund — Institutional Class1		13,053		421,227
Guggenheim World Equity Income Fund — Institutional Class1		27,443		417,689
Guggenheim Ultra Short Duration Fund — Institutional Class1		40,334		397,288
Total Mutual Funds
(Cost $7,343,032)				7,275,424
CLOSED-END FUNDS† - 9.0%
ClearBridge MLP & Midstream Total Return Fund, Inc.		750		27,172
KKR Income Opportunities Fund		1,850		23,254
First Trust Energy Income and Growth Fund		1,500		21,720
PIMCO Corporate & Income Strategy Fund		1,700		21,097
Western Asset Global Corporate Defined Opportunity Fund, Inc.		1,650		21,071
PIMCO Dynamic Income Fund		1,145		20,553
Apollo Senior Floating Rate Fund, Inc.		1,550		20,537
BlackRock Floating Rate Income Strategies Fund, Inc.		1,600		20,256
BlackRock Floating Rate Income Trust		1,600		19,808
BlackRock Limited Duration Income Trust		1,400		19,572
Western Asset High Income Fund II, Inc.		3,798		18,838
Voya Infrastructure Industrials and Materials Fund		1,850		18,833
Neuberger Berman High Yield Strategies Fund, Inc.		2,317		17,887
Eaton Vance Tax-Advantaged Dividend Income Fund		797		17,733
abrdn Income Credit Strategies Fund		2,584		17,573
Blackstone Strategic Credit Fund		1,550		17,546
PIMCO High Income Fund		3,500		17,465
Royce Value Trust, Inc.		1,195		17,399
DoubleLine Income Solutions Fund		1,400		17,136
Eaton Vance Enhanced Equity Income Fund II		908		16,998
Voya Global Equity Dividend and Premium Opportunity Fund		3,400		16,898
Eaton Vance Tax-Managed Buy-Write Opportunities Fund		1,370		16,892
Pioneer High Income Fund, Inc.		2,350		16,803
Western Asset Premier Bond Fund		1,550		16,740
John Hancock Preferred Income Fund		1,050		16,569
Calamos Convertible Opportunities and Income Fund		1,594		16,514
Cohen & Steers REIT and Preferred and Income Fund, Inc.		815		16,430
Virtus Diversified Income & Convertible Fund		779		16,343
Eaton Vance Tax-Managed Buy-Write Income Fund		1,250		16,225
BlackRock Enhanced Equity Dividend Trust		2,100		16,149
PGIM High Yield Bond Fund, Inc.		1,300		16,016
Invesco High Income Trust II		1,525		15,845
Eaton Vance Limited Duration Income Fund		1,650		15,807
John Hancock Income Securities Trust		1,450		15,776
BlackRock Credit Allocation Income Trust		1,500		15,480
John Hancock Premium Dividend Fund		1,450		15,443
John Hancock Investors Trust		1,178		15,243
Western Asset Emerging Markets Debt Fund, Inc.		1,650		15,197
Reaves Utility Income Fund		550		14,707
PIMCO Dynamic Income Opportunities Fund		1,150		14,076
Western Asset Mortgage Opportunity Fund, Inc.		1,250		13,963
Total Closed-End Funds
(Cost $800,167)				725,564
MONEY MARKET FUND† - 1.1%
Goldman Sachs Financial Square Treasury Instruments Fund — Institutional Shares, 5.21%2		91,723		91,723
Total Money Market Fund
(Cost $91,723)				91,723
Total Investments - 99.9%
(Cost $8,234,922)			$	8,092,711
Other Assets & Liabilities, net - 0.1%				7,149
Total Net Assets - 100.0%			$	8,099,860

Diversified Income Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

†	Value determined based on Level 1 inputs — See Note 3.
1	Affiliated issuer.
2	Rate indicated is the 7-day yield as of December 31, 2023.

REIT — Real Estate Investment Trust

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund’s investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments):

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Mutual Funds	$	7,275,424	$	—	$	—	$	7,275,424
Closed-End Funds		725,564		—		—		725,564
Money Market Fund		91,723		—		—		91,723
Total Assets	$	8,092,711	$	—	$	—	$	8,092,711

Affiliated Transactions

Investments representing 5% or more of the outstanding voting shares of a company, or control of or by, or common control under Guggenheim Investments, result in that company being considered an affiliated issuer, as defined in the 1940 Act.

Transactions during the period ended December 31, 2023, in which the company is an affiliated issuer, were as follows:

Security Name	Value 09/30/23		Additions		Reductions		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value 12/31/23		Shares 12/31/23		Investment Income
Mutual Funds
Guggenheim Core Bond Fund — Institutional Class	$	721,321	$	9,419	$	–	$	–	$	38,427	$	769,167		47,044	$	9,441
Guggenheim Floating Rate Strategies Fund — R6-Class		798,232		17,737		–		–		2,073		818,042		33,240		17,704
Guggenheim High Yield Fund — R6-Class		1,908,905		33,664		–		–		84,218		2,026,787		206,394		33,636
Guggenheim RBP Dividend Fund — Institutional Class		719,569		3,127		–		–		77,140		799,836		60,502		3,127
Guggenheim RBP Large-Cap Market Fund — Institutional Class		1,449,403		5,075		–		–		170,910		1,625,388		136,016		5,075
Guggenheim Risk Managed Real Estate Fund — Institutional Class		362,587		3,346		–		–		55,294		421,227		13,053		3,346
Guggenheim Ultra Short Duration Fund — Institutional Class		387,411		5,869		–		–		4,008		397,288		40,334		5,861
Guggenheim World Equity Income Fund — Institutional Class		384,380		2,187		–		–		31,122		417,689		27,443		2,187
	$	6,731,808	$	80,424	$	–	$	–	$	463,192	$	7,275,424			$	80,377

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS††† - 0.3%
Industrial - 0.3%
API Heat Transfer Intermediate*		2,105	$	2,942,664
BP Holdco LLC*,1		244,278		296,099
Vector Phoenix Holdings, LP*		244,278		6,060
Targus,  Inc.*		12,773		377
Targus,  Inc.*		12,773		377
Targus,  Inc.*		12,773		307
YAK BLOCKER 2 LLC*		15,530		155
YAK BLOCKER 2 LLC*		14,354		143
Targus,  Inc.*		12,773		140
Targus,  Inc.*		12,773		1
Total Industrial				3,246,323
Energy - 0.0%
Permian Production Partners LLC*		401,481		16,572
Financial - 0.0%
Tensor Ltd.*		177,413		18
Total Common Stocks
(Cost $3,514,790)				3,262,913
PREFERRED STOCKS††† - 0.0%
Industrial - 0.0%
YAK BLOCKER 2 LLC *		853,214		247,567
Total Preferred Stocks
(Cost $2,367,986)				247,567
EXCHANGE-TRADED FUNDS† - 2.8%
SPDR Blackstone Senior Loan ETF		676,240		28,354,743
Total Exchange-Traded Funds
(Cost $28,000,558)				28,354,743
MONEY MARKET FUND† - 3.7%
Federated Hermes U.S. Treasury Cash Reserves Fund — Institutional Shares, 5.22%2		37,679,785		37,679,785
Total Money Market Fund
(Cost $37,679,785)				37,679,785

	Face Amount~
SENIOR FLOATING RATE INTERESTS††,◊ - 88.2%
Consumer, Non-cyclical -  16.9%
Bombardier Recreational Products, Inc.
7.46% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 05/24/27		9,825,648	9,764,238
Osmosis Holdings Australia II Pty Ltd.
9.09% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 07/30/28		9,138,644	9,133,526
Del Monte Foods, Inc.
9.71% ((1 Month Term SOFR + 4.25%) and (Commercial Prime Lending Rate + 3.25%), Rate Floor: 4.25%) due 05/16/29		9,503,008	8,873,433
Medical Solutions Parent Holdings, Inc.
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 11/01/28		9,144,721	8,508,432
National Mentor Holdings, Inc.
9.20% (1 Month Term SOFR + 3.85%, Rate Floor: 4.60%) due 03/02/28		8,985,977	8,132,309
Hayward Industries, Inc.
8.22% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 05/30/28		7,605,000	7,592,756
VC GB Holdings I Corp.
8.61% (3 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 07/21/28		7,269,987	7,212,845
Quirch Foods Holdings LLC
10.39% (3 Month Term SOFR + 4.75%, Rate Floor: 5.75%) due 10/27/27		6,600,911	6,588,568
Mission Veterinary Partners
9.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 04/27/28		6,361,915	6,302,304
Kronos Acquisition Holdings, Inc.
9.36% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 12/22/26		6,233,869	6,222,586
HAH Group Holding Co. LLC
10.46% (1 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 10/29/27		6,195,900	6,149,430
Electron BidCo, Inc.
8.47% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 11/01/28		6,015,453	6,023,815
Grifols Worldwide Operations USA, Inc.
7.54% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 11/15/27		6,014,641	6,007,123
Weber-Stephen Products LLC
8.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/29/27		6,359,840	5,539,866
Froneri US, Inc.
7.71% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 01/29/27		5,422,731	5,424,900

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 88.2% (continued)
Consumer, Non-cyclical -  16.9% (continued)
Triton Water Holdings, Inc.
8.86% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 03/31/28		5,319,101	$	5,263,250
Dermatology Intermediate Holdings III, Inc.
9.63% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 04/02/29		5,176,074		4,993,307
Phoenix Newco, Inc.
8.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 11/15/28		4,912,500		4,938,291
Southern Veterinary Partners LLC
9.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 10/05/27		4,675,113		4,655,244
Chefs' Warehouse, Inc.
10.21% (1 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 08/23/29		4,466,042		4,453,001
Perrigo Investments LLC
7.71% (1 Month Term SOFR + 2.35%, Rate Floor: 2.85%) due 04/20/29		4,433,825		4,417,199
Resonetics LLC
9.65% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 04/28/28		3,814,827		3,810,860
CHG PPC Parent LLC
8.47% (1 Month Term SOFR + 3.11%, Rate Floor: 3.61%) due 12/08/28†††		3,438,890		3,438,890
Elanco Animal Health, Inc.
7.19% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 08/02/27		2,921,270		2,900,587
Topgolf Callaway Brands Corp.
8.96% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 03/15/30		2,858,400		2,855,427
TGP Holdings LLC
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 06/29/28		3,049,287		2,652,880
Balrog Acquisition, Inc.
9.97% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 09/05/28†††		2,582,281		2,575,826
Heritage Grocers Group LLC
12.20% (3 Month Term SOFR + 6.85%, Rate Floor: 7.60%) due 08/01/29		2,484,249		2,480,522
Blue Ribbon LLC
11.63% (3 Month Term SOFR + 6.00%, Rate Floor: 6.00%) due 05/08/28		2,548,718		2,195,083
Energizer Holdings, Inc.
7.72% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 12/22/27		2,147,000		2,142,534
Cambrex Corp.
8.96% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 12/04/26		2,098,155		2,050,422
Summit Behavioral Healthcare, LLC
10.40% (3 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 11/24/28		1,675,736		1,671,547
Sigma Holding BV (Flora Food)
7.41% (6 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 07/02/25	EUR	1,439,217		1,585,761
Aramark Services, Inc.
7.97% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 06/21/30		1,492,500		1,494,127
DaVita, Inc.
7.22% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 08/12/26		1,488,241		1,486,648
Endo Luxembourg Finance Company I SARL
14.50% (Commercial Prime Lending Rate + 6.00%, Rate Floor: 7.75%) due 03/27/28		1,896,000		1,237,140
Upstream Newco, Inc.
9.89% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 11/20/26		731,250		686,922
PlayCore
9.39% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 03/29/27		630,811		633,965
Mamba Purchaser, Inc.
8.97% (1 Month Term SOFR + 3.25%, Rate Floor: 3.75%) due 10/16/28		312,983		312,397
Total Consumer, Non-cyclical				172,407,961
Industrial -  16.7%
Arcline FM Holdings LLC
10.36% (3 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 06/23/28		9,398,663		9,381,087
American Bath Group LLC
9.21% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 11/23/27		8,759,586		8,600,424
Pelican Products, Inc.
9.75% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 12/29/28		8,982,214		8,278,637

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 88.2% (continued)
Industrial -  16.7% (continued)
CPG International LLC
7.96% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 04/28/29		6,912,500	$	6,915,956
Aegion Corp.
10.39% (3 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 05/17/28		6,880,977		6,878,087
LTI Holdings, Inc.
8.97% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 09/08/25		6,829,925		6,578,105
Hunter Douglas, Inc.
8.88% (3 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 02/26/29		6,595,312		6,560,687
Park River Holdings, Inc.
8.91% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 12/28/27		5,969,368		5,816,433
USIC Holding, Inc.
9.11% (3 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 05/12/28		5,250,368		5,200,490
White Cap Supply Holdings LLC
9.11% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 10/19/27		4,949,622		4,957,888
Titan Acquisition Ltd. (Husky)
8.47% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 03/28/25		4,924,361		4,914,118
Duran Group Holding GmbH
9.38% (6 Month EURIBOR + 5.25%, Rate Floor: 5.25%) due 05/29/26	EUR	4,527,760		4,799,746
Brown Group Holding LLC
8.21% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 06/07/28		4,452,092		4,453,695
TricorBraun Holdings, Inc.
8.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 03/03/28		4,402,444		4,370,791
STS Operating, Inc. (SunSource)
9.71% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 12/11/24		3,989,180		3,999,153
DXP Enterprises, Inc.
10.29% (6 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 10/05/30†††		3,785,513		3,794,976
DG Investment Intermediate Holdings 2, Inc.
9.22% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 03/31/28		3,802,626		3,761,900
Ravago Holdings America, Inc.
8.11% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 03/06/28		3,661,671		3,634,208
Pro Mach Group, Inc.
9.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 08/31/28		3,411,331		3,417,745
Berlin Packaging LLC
9.21% ((1 Month Term SOFR + 3.75%) and (3 Month Term SOFR + 3.75%), Rate Floor: 3.75%) due 03/13/28		3,372,375		3,372,746
TransDigm, Inc.
8.60% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 02/28/31		3,215,243		3,227,300
Icebox Holdco III, Inc.
9.11% (3 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 12/22/28		3,139,460		3,112,775
Mirion Technologies, Inc.
8.36% (3 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 10/20/28		3,065,287		3,073,717
Anchor Packaging LLC
8.96% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 07/20/26		3,041,194		3,015,526
Merlin Buyer, Inc.
10.11% (1 Month Term SOFR + 4.75%, Rate Floor: 5.25%) due 12/14/28		2,970,000		2,970,000
Quikrete Holdings, Inc.
8.22% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 03/18/29		2,922,814		2,930,121
Alliance Laundry Systems LLC
8.99% (3 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 10/08/27		2,870,943		2,877,317
Service Logic Acquisition, Inc.
9.64% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 10/29/27		2,735,969		2,731,400
Standard Industries, Inc.
7.72% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 09/22/28		2,491,869		2,495,656
Engineered Machinery Holdings, Inc.
9.11% (3 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 05/19/28		2,493,865		2,472,817

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 88.2% (continued)
Industrial -  16.7% (continued)
Michael Baker International LLC
10.47% (1 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 12/01/28†††		2,238,579	$	2,232,982
API Heat Transfer ThermaSys Corp.
13.64% (3 Month Term SOFR + 8.00%, Rate Floor: 8.00%) due 11/10/27†††		1,386,660		1,386,660
10.64% (3 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 11/10/27†††		802,577		802,577
Air Canada
9.14% (3 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 08/11/28		2,172,500		2,175,889
Charter Next Generation, Inc.
9.22% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 12/01/27		2,142,510		2,149,880
Fugue Finance LLC
9.39% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 01/31/28		2,114,814		2,121,095
Beacon Roofing Supply, Inc.
7.97% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 05/19/28		2,108,376		2,115,565
Mileage Plus Holdings LLC
10.77% (3 Month Term SOFR + 5.25%, Rate Floor: 5.25%) due 06/21/27		1,960,000		2,024,406
Sundyne (Star US Bidco)
9.71% (1 Month Term SOFR + 4.35%, Rate Floor: 5.35%) due 03/17/27		1,950,609		1,947,195
TK Elevator Midco GmbH
9.38% (6 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 07/30/27		1,843,777		1,846,082
United Airlines, Inc.
9.22% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 04/21/28		1,837,353		1,841,431
Protective Industrial Products, Inc.
9.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 12/29/27†††		1,813,632		1,795,496
EMRLD Borrower LP
8.36% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 05/31/30		1,753,094		1,758,143
CPM Holdings, Inc.
9.84% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 09/22/28		1,576,025		1,579,965
Barnes Group, Inc.
8.46% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 09/03/30		1,521,188		1,524,230
XPO, Inc.
7.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 02/28/31		1,290,000		1,290,542
Patriot Container Corp. (Wastequip)
9.21% (1 Month Term SOFR + 3.85%, Rate Floor: 4.85%) due 03/20/25		714,116		682,723
ProAmpac PG Borrower LLC
9.88% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 09/15/28		661,500		661,705
Bleriot US Bidco LLC
9.61% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 10/31/28		597,246		599,163
Osmose Utility Services, Inc.
8.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 06/23/28		483,851		483,004
Total Industrial				169,612,234
Consumer, Cyclical -  16.3%
First Brands Group LLC
10.88% (6 Month Term SOFR + 5.00%, Rate Floor: 6.00%) due 03/30/27		9,272,486		9,181,017
Fertitta Entertainment LLC
9.36% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 01/29/29		7,338,826		7,337,285
WIRB - Copernicus Group, Inc.
9.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 01/08/27		7,257,251		7,264,073
Congruex Group LLC
11.28% (3 Month Term SOFR + 5.75%, Rate Floor: 5.75%) due 05/03/29†††		6,895,000		6,550,250
Eagle Parent Corp.
9.60% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 04/02/29		6,263,438		6,192,974
Thevelia US LLC
9.50% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 06/18/29		6,191,922		6,186,783
PetSmart LLC
9.21% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 02/11/28		6,207,125		6,129,536
Truck Hero, Inc.
8.97% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 01/31/28		5,845,151		5,755,019

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 88.2% (continued)
Consumer, Cyclical -  16.3% (continued)
American Tire Distributors, Inc.
11.91% (3 Month Term SOFR + 6.25%, Rate Floor: 6.25%) due 10/20/28		6,895,000	$	5,729,745
Scientific Games Holdings, LP
8.66% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 04/04/29		5,611,645		5,608,839
Prime Security Services Borrower, LLC
7.84% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 10/13/30		5,000,000		5,011,700
Restaurant Brands
7.61% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 09/20/30		5,011,524		5,009,720
Petco Health And Wellness Company, Inc.
8.86% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 03/03/28		5,179,248		4,885,585
Flutter Financing B.V.
7.70% (3 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 11/18/30		4,560,000		4,563,785
CCRR Parent, Inc.
9.22% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 03/06/28		4,659,107		4,501,862
Belron Finance US LLC
8.00% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 04/18/29		3,990,000		3,994,987
Ontario Gaming GTA LP
9.60% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 08/01/30		3,977,906		3,991,391
Peer Holding III BV
8.60% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/18/30		3,770,000		3,777,842
Alterra Mountain Co.
8.97% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 08/17/28		3,570,457		3,570,457
Galaxy US Opco, Inc.
10.13% (3 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 04/30/29†††		4,099,039		3,361,212
Rent-A-Center, Inc.
9.12% (6 Month Term SOFR + 3.25%, Rate Floor: 3.75%) due 02/17/28		3,061,373		3,057,546
Mavis Tire Express Services TopCo Corp.
9.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 05/04/28		3,051,674		3,053,414
Wyndham Hotels & Resorts, Inc.
7.71% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 05/24/30		3,027,437		3,033,885
Clarios Global LP
9.11% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 05/06/30		2,892,808		2,896,424
Packers Holdings LLC
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 03/09/28		4,439,867		2,777,137
Guardian US HoldCo LLC
9.35% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 01/31/30		2,736,250		2,741,941
Entain Holdings (Gibraltar) Ltd.
7.95% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 03/29/27		2,660,544		2,664,349
TTF Holdings Intermediate LLC
9.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 03/31/28		2,661,120		2,657,794
Michaels Stores, Inc.
9.86% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 04/15/28		3,195,308		2,642,519
AlixPartners, LLP
8.22% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 02/04/28		2,481,011		2,485,824
Peloton Interactive, Inc.
12.48% (6 Month Term SOFR + 7.00%, Rate Floor: 7.00%) due 05/25/27		2,462,500		2,469,272
Hanesbrands, Inc.
9.11% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 03/08/30		2,431,625		2,425,546
Seren BidCo AB
8.46% (3 Month SOFR + 3.15%, Rate Floor: 3.15%) due 11/16/28		2,161,500		2,154,302
EG Finco Limited
9.48% (3 Month EURIBOR + 5.50%, Rate Floor: 5.50%) due 02/07/28	EUR	1,958,645		2,094,557
BCPE Empire Holdings, Inc.
10.11% (1 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 12/11/28		2,019,353		2,022,886
Match Group, Inc.
7.27% (3 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 02/13/27		2,000,000		2,000,000

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 88.2% (continued)
Consumer, Cyclical -  16.3% (continued)
Alexander Mann
11.41% (1 Month SOFR + 6.00%, Rate Floor: 6.00%) due 06/29/27		1,966,272	$	1,910,567
TMF Sapphire Bidco BV
10.41% (3 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 05/03/28		1,858,571		1,865,540
Burlington Stores, Inc.
7.47% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 06/26/28		1,808,562		1,808,562
Hilton Worldwide Finance LLC
7.46% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 11/08/30		1,720,000		1,725,229
Go Daddy Operating Company LLC
7.86% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 11/09/29		1,716,375		1,720,820
Caesars Entertainment, Inc.
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 02/06/30		1,687,250		1,689,629
TransNetwork LLC
due 11/15/30		1,607,407		1,595,352
WW International, Inc.
8.97% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 04/13/28		1,653,750		1,163,132
Sweetwater Sound
9.72% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 08/07/28		1,141,336		1,135,630
American Trailer World Corp.
9.21% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 03/03/28		1,085,951		1,061,365
SHO Holding I Corp.
10.89% (3 Month Term SOFR + 5.25%, Rate Floor: 5.25%) due 04/29/24		551,227		358,298
10.87% (3 Month Term SOFR + 5.23%, Rate Floor: 5.23%) due 04/29/24		9,357		6,082
EG Finco Ltd.
9.35% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 02/07/28		158,864		155,687
New Trojan Parent, Inc.
8.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 01/06/28		205,075		53,174
Total Consumer, Cyclical				166,030,525
Technology -  12.6%
Ascend Learning LLC
8.96% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 12/11/28		8,918,000		8,752,036
Athenahealth Group, Inc.
8.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 02/15/29		8,579,175		8,531,990
Emerald TopCo, Inc. (Press Ganey)
8.97% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 07/24/26		8,397,222		8,296,455
CoreLogic, Inc.
8.97% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 06/02/28		8,522,134		8,271,839
Peraton Corp.
9.21% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 02/01/28		7,376,202		7,385,422
Atlas CC Acquisition Corp.
9.90% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 05/25/28		6,735,451		6,252,520
Boxer Parent Company, Inc.
9.22% (1 Month Term SOFR + 3.86%, Rate Floor: 3.86%) due 10/02/25		5,959,870		5,967,320
Polaris Newco LLC
9.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 06/02/28		5,954,315		5,866,489
Wrench Group LLC
9.61% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 04/30/26		5,383,725		5,388,786
Cloud Software Group, Inc.
9.95% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 09/29/28		4,924,651		4,791,538
Xerox Corp.
9.36% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 11/19/29		4,592,520		4,586,779
Central Parent LLC
9.35% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 07/06/29		4,399,065		4,416,573
Conair Holdings LLC
9.22% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 05/17/28		4,512,320		4,415,485

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 88.2% (continued)
Technology -  12.6% (continued)
Sabre GLBL, Inc.
10.46% (1 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 06/30/28		3,296,299	$	2,918,873
8.97% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 12/17/27		1,350,528		1,176,985
CCC Intelligent Solutions, Inc.
7.72% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 09/21/28		3,910,151		3,907,726
Taxware Holdings (Sovos Compliance LLC)
9.97% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 08/11/28		3,726,798		3,675,554
Epicor Software
8.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 07/30/27		3,655,542		3,665,009
Park Place Technologies, LLC
10.46% (1 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 11/10/27		3,591,879		3,567,491
Project Ruby Ultimate Parent Corp.
8.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 03/10/28		3,403,750		3,397,657
Iron Mountain Information Management Services, Inc.
due 01/31/31		3,160,000		3,158,041
Indicor, LLC
9.35% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 11/22/29		3,054,679		3,059,261
RealPage, Inc.
8.47% (1 Month Term SOFR + 3.11%, Rate Floor: 3.61%) due 04/24/28		2,970,707		2,943,614
Instructure Holdings, Inc.
due 10/30/28		2,908,480		2,919,386
Gen Digital, Inc.
7.46% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 09/12/29		2,156,124		2,156,793
Ciena Corp.
7.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 10/24/30		2,065,000		2,068,449
Dun & Bradstreet
8.21% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 02/06/26		1,651,248		1,653,576
World Wide Technology Holding Co. LLC
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 03/01/30		1,558,225		1,563,102
Entegris, Inc.
7.84% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 07/06/29		1,527,324		1,532,410
iSolved, Inc.
9.48% (6 Month Term SOFR + 4.00%, Rate Floor: 4.50%) due 10/14/30		1,332,000		1,332,000
Imprivata, Inc.
9.61% (1 Month Term SOFR + 4.25%, Rate Floor: 4.75%) due 12/01/27		640,250		642,081
Total Technology				128,261,240
Financial -  10.5%
USI, Inc.
8.36% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 11/22/29		5,507,937		5,512,233
8.60% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 09/13/30		1,497,529		1,497,993
AqGen Island Holdings, Inc.
8.97% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 08/02/28		6,886,351		6,862,248
Teneo Holdings LLC
10.71% (1 Month Term SOFR + 5.25%, Rate Floor: 5.25%) due 07/11/25		6,624,449		6,607,888
Citadel Securities, LP
7.97% (1 Month Term SOFR + 2.61%, Rate Floor: 2.61%) due 07/29/30		6,444,827		6,452,883
NFP Corp.
8.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 02/16/27		4,972,402		4,993,385
Jane Street Group LLC
8.22% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 01/26/28		4,827,765		4,841,187
Duff & Phelps
9.10% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 04/09/27		4,872,540		4,819,771
Nexus Buyer LLC
9.21% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 11/09/26		4,577,313		4,521,150
4.50% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 12/11/30		300,000		297,189
AmWINS Group, Inc.
7.72% (1 Month Term SOFR + 2.36%, Rate Floor: 3.11%) due 02/22/28		4,560,417		4,561,648

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 88.2% (continued)
Financial -  10.5% (continued)
Focus Financial Partners, LLC
8.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 06/30/28		4,196,875	$	4,200,358
Worldpay
due 09/21/30		3,530,000		3,543,238
Virtu Financial
8.46% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 01/12/29		3,454,000		3,456,591
Apex Group Treasury LLC
9.38% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 07/27/28		3,430,000		3,412,850
Cobham Ultra SeniorCo SARL
9.36% (6 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 08/06/29		3,258,956		3,205,998
Asurion LLC
9.71% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 08/20/28		3,166,075		3,150,815
Franchise Group, Inc.
10.44% (3 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 03/10/26		3,955,564		3,140,718
Zodiac Pool Solutions LLC
7.38% (1 Month Term SOFR + 1.93%, Rate Floor: 1.93%) due 01/29/29		3,007,098		3,000,212
FleetCor Technologies Operating Company LLC
7.21% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 04/28/28		2,960,699		2,961,172
Alliant Holdings Intermediate, LLC
8.86% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 12/06/30		2,918,288		2,927,772
Delos Aircraft Leasing
7.35% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 11/01/27		2,808,571		2,817,699
Capstone Borrower, Inc.
9.10% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 06/17/30		2,763,256		2,757,508
HighTower Holding LLC
9.64% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 04/21/28		2,640,105		2,628,014
Aretec Group, Inc.
9.96% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 08/09/30		2,616,440		2,610,788
HarbourVest Partners, LP
8.35% (3 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 04/22/30†††		2,577,890		2,584,335
Ryan Specialty Group LLC
8.46% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 09/01/27		2,485,577		2,479,363
Apex Group Treasury LLC
10.40% (3 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 07/27/28†††		2,084,250		2,076,434
GIP Pilot Acquisition Partners LP
8.39% (3 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 10/04/30		1,609,650		1,608,314
Jones Deslauriers Insurance Management, Inc.
9.62% (6 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 03/15/30		1,585,000		1,589,628
Tegra118 Wealth Solutions, Inc.
9.37% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 02/18/27		794,056		752,614
HUB International Ltd.
9.66% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 06/20/30		644,234		646,662
Total Financial				106,518,658
Communications -  8.6%
Zayo Group Holdings, Inc.
8.47% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 03/09/27		6,648,468		5,691,221
9.68% (1 Month Term SOFR + 4.33%, Rate Floor: 4.33%) due 03/09/27		3,930,000		3,361,643
McGraw Hill LLC
10.22% (1 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 07/28/28		8,508,170		8,488,686
Virgin Media Bristol LLC
7.98% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 01/31/28		7,916,233		7,875,544
Ziggo Financing Partnership
7.98% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 04/28/28		6,685,000		6,658,728
CSC Holdings LLC
9.86% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 01/18/28		6,711,360		6,472,301

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 88.2% (continued)
Communications -  8.6% (continued)
Titan AcquisitionCo New Zealand Ltd. (Trade Me)
9.61% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 10/18/28		5,959,381	$	5,852,589
Cengage Learning Acquisitions, Inc.
10.41% (3 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 07/14/26		5,067,397		5,076,620
Xplornet Communications, Inc.
9.61% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 10/02/28		8,462,795		5,028,762
Altice France SA
10.89% (3 Month Term SOFR + 5.50%, Rate Floor: 5.50%) due 08/15/28		4,917,628		4,403,343
Telenet Financing USD LLC
7.48% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 04/28/28		4,000,000		3,971,000
Radiate Holdco LLC
8.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 09/25/26		4,592,770		3,660,943
Playtika Holding Corp.
8.22% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 03/13/28		3,533,351		3,526,001
WMG Acquisition Corp.
7.60% (3 Month Term SOFR + 2.24%, Rate Floor: 2.24%) due 01/20/28		3,500,000		3,499,265
Charter Communications Operating, LLC
7.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 12/09/30		3,250,000		3,236,447
Cincinnati Bell, Inc.
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 11/22/28		2,840,759		2,809,824
Level 3 Financing, Inc.
7.22% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 03/01/27		2,588,000		2,458,600
Authentic Brands
8.96% (1 Month Term SOFR + 3.60%, Rate Floor: 4.10%) due 12/21/28		2,094,059		2,101,325
Simon & Schuster
9.39% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 10/30/30		2,066,400		2,071,566
UPC Broadband Holding BV
8.48% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 01/31/29		1,464,906		1,457,889
Total Communications				87,702,297
Basic Materials -  3.6%
CTEC III GmbH
7.46% (3 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 03/16/29	EUR	7,500,000		8,201,303
Arsenal AIC Parent LLC
9.86% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 08/19/30		4,120,473		4,132,052
Nouryon USA LLC
9.47% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 04/03/28		1,813,253		1,818,348
9.44% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 04/03/28		1,348,225		1,351,259
Illuminate Buyer LLC
8.97% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 06/30/27		3,051,162		3,052,688
NIC Acquisition Corp.
9.36% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 12/29/27		3,528,762		2,828,302
LSF11 A5 HoldCo LLC
9.71% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 10/16/28		2,540,457		2,544,700
INEOS Ltd.
8.22% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 01/29/26		2,529,564		2,528,299
Platform Specialty Products
due 12/09/30		2,360,000		2,365,900
Vantage Specialty Chemicals, Inc.
10.11% (1 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 10/26/26		2,257,938		2,170,442
W.R. Grace Holdings LLC
9.36% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 09/22/28		1,715,000		1,717,761
DCG Acquisition Corp.
9.96% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 09/30/26		1,674,246		1,659,597
Ineos US Finance LLC
8.96% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 02/18/30		1,363,150		1,363,150

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 88.2% (continued)
Basic Materials -  3.6% (continued)
Trinseo Materials Operating S.C.A.
8.15% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 05/03/28		1,564,000	$	1,216,182
Total Basic Materials				36,949,983
Energy -  2.3%
AL GCX Holdings LLC
8.95% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 05/17/29		3,509,143		3,510,021
Par Petroleum LLC
9.74% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 02/28/30		3,195,850		3,193,453
Traverse Midstream Partners LLC
9.24% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 02/16/28		3,139,844		3,138,525
TransMontaigne Operating Company LP
8.97% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 11/17/28		3,062,018		3,048,882
BANGL LLC
9.89% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 02/01/29		2,622,219		2,623,032
Buckeye Partners, LP
7.71% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 11/02/26		1,562,605		1,566,059
7.86% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 11/15/30		827,574		830,016
ITT Holdings LLC
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/05/30		1,800,488		1,805,745
UGI Energy Services LLC
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 02/22/30		1,584,256		1,585,349
Bip PipeCo Holdings LLC
8.62% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 12/04/30		1,330,000		1,325,012
Permian Production Partners LLC
13.47% (1 Month Term SOFR + 6.00%, Rate Floor: 6.00%) (in-kind rate was 2.00%) due 11/24/253		827,332		790,102
Total Energy				23,416,196
Utilities -  0.7%
Calpine Construction Finance Company, LP
7.61% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 07/31/30		4,977,525		4,973,792
TerraForm Power Operating LLC
7.95% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 05/21/29		1,961,505		1,957,209
Total Utilities				6,931,001
Total Senior Floating Rate Interests
(Cost $914,159,793)				897,830,095
CORPORATE BONDS†† - 4.4%
Consumer, Non-cyclical -  2.1%
Legends Hospitality Holding Company LLC / Legends Hospitality Co-Issuer, Inc.
5.00% due 02/01/264		2,875,000		2,870,687
Cheplapharm Arzneimittel GmbH
5.50% due 01/15/284		2,975,000		2,812,885
Sotheby's
7.38% due 10/15/274		2,875,000		2,772,639
ADT Security Corp.
4.13% due 08/01/294		2,875,000		2,645,719
CPI CG, Inc.
8.63% due 03/15/264		2,689,000		2,594,885
Tenet Healthcare Corp.
4.38% due 01/15/30		2,800,000		2,594,871
WW International, Inc.
4.50% due 04/15/294		2,875,000		1,885,279
Nathan's Famous, Inc.
6.63% due 11/01/254		1,709,000		1,696,182
HCA, Inc.
4.50% due 02/15/27		1,500,000		1,482,323
Total Consumer, Non-cyclical				21,355,470
Communications -  0.9%
VZ Secured Financing BV
5.00% due 01/15/324		3,500,000		2,988,025
LCPR Senior Secured Financing DAC
6.75% due 10/15/274		2,875,000		2,815,947
Altice France S.A.
5.50% due 10/15/294		2,850,000		2,234,755

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 4.4% (continued)
Communications -  0.9% (continued)
McGraw-Hill Education, Inc.
5.75% due 08/01/284		1,575,000	$	1,518,694
Total Communications				9,557,421
Industrial -  0.6%
New Enterprise Stone & Lime Company, Inc.
5.25% due 07/15/284		2,875,000		2,742,491
GrafTech Global Enterprises, Inc.
9.88% due 12/15/284		2,120,000		1,635,050
Brundage-Bone Concrete Pumping Holdings, Inc.
6.00% due 02/01/264		1,412,000		1,411,308
Level 3 Financing, Inc.
11.00% due 11/15/29†††		1,641,456		2
Total Industrial				5,788,851
Consumer, Cyclical -  0.4%
Fertitta Entertainment LLC / Fertitta Entertainment Finance Company, Inc.
4.63% due 01/15/294		5,000,000		4,536,850
Basic Materials -  0.2%
WR Grace Holdings LLC
4.88% due 06/15/274		1,975,000		1,900,149
Mirabela Nickel Ltd.
due 06/24/19†††,5,6		1,279,819		6,399
Total Basic Materials				1,906,548
Financial -  0.2%
Hunt Companies, Inc.
5.25% due 04/15/294		1,850,000		1,650,224
Total Corporate Bonds
(Cost $49,803,958)				44,795,364
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 0.9%
Residential Mortgage-Backed Securities -  0.9%
RALI Series Trust
2006-QO6, 5.83% (1 Month Term SOFR + 0.47%, Rate Floor: 0.36%) due 06/25/46◊		10,472,375		2,427,580
2006-QO2, 5.91% (1 Month Term SOFR + 0.55%, Rate Floor: 0.44%) due 02/25/46◊		416,751		80,918
Washington Mutual Mortgage Pass-Through Certificates Trust
2007-OA6, 5.82% (1 Year CMT Rate + 0.81%, Rate Floor: 0.81%) due 07/25/47◊		2,216,603		1,751,785
Washington Mutual Mortgage Pass-Through Certificates WMALT Series Trust
2006-AR9, 5.85% (1 Year CMT Rate + 0.84%, Rate Floor: 0.84%) due 11/25/46◊		1,470,721		1,178,566
American Home Mortgage Assets Trust
2006-4, 5.68% (1 Month Term SOFR + 0.32%, Rate Floor: 0.32%) due 10/25/46◊		2,204,600		1,157,028
Lehman XS Trust Series
2006-16N, 5.85% (1 Month Term SOFR + 0.49%, Rate Floor: 0.38%) due 11/25/46◊		1,199,188		1,027,188
Nomura Resecuritization Trust
2015-4R, 3.00% (1 Month Term SOFR + 0.54%, Rate Floor: 0.43%) due 03/26/36◊		527,817		495,450
Alliance Bancorp Trust
2007-OA1, 5.95% (1 Month Term SOFR + 0.59%, Rate Floor: 0.48%) due 07/25/37◊		344,620		289,743
Morgan Stanley Re-REMIC Trust
2010-R5, 0.00% due 06/26/36		244,323		216,149
New Century Home Equity Loan Trust
2004-4, 6.27% (1 Month Term SOFR + 0.91%, Rate Cap/Floor: 12.50%/0.80%) due 02/25/35◊		95,470		94,596
GSAA Home Equity Trust
2007-7, 6.01% (1 Month Term SOFR + 0.65%, Rate Floor: 0.54%) due 07/25/37◊		98,171		90,350
Total Residential Mortgage-Backed Securities				8,809,353
Total Collateralized Mortgage Obligations
(Cost $12,145,427)				8,809,353
ASSET-BACKED SECURITIES†† - 0.0%
Collateralized Loan Obligations -  0.0%
Octagon Loan Funding Ltd.
2014-1A SUB,  due 11/18/314,7		2,071,948		369,051
Treman Park CLO Ltd.
2015-1A COM,  due 10/20/284,7		977,702		3,843
Total Collateralized Loan Obligations				372,894
Total Asset-Backed Securities
(Cost $8,056)				372,894
Total Investments - 100.3%
(Cost $1,047,680,353)			$	1,021,352,714
Other Assets & Liabilities, net - (0.3)%				(3,083,780	)
Total Net Assets - 100.0%			$	1,018,268,934

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

Forward Foreign Currency Exchange Contracts^††    

Counterparty	Currency	Type	Quantity		Contract Amount	Settlement Date	Unrealized Depreciation
Barclays Bank plc	EUR	Sell		15,260,000	16,496,930 USD	01/17/24	$	(364,246	)

~	The face amount is denominated in U.S. dollars unless otherwise indicated.
*	Non-income producing security.
†	Value determined based on Level 1 inputs — See Note 3.
††	Value determined based on Level 2 inputs, unless otherwise noted — See Note 3.
†††	Value determined based on Level 3 inputs  — See Note 3.
◊	Variable rate security. Rate indicated is the rate effective at December 31, 2023. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.
1	Affiliated issuer.
2	Rate indicated is the 7-day yield as of December 31, 2023.
3	Payment-in-kind security.
4	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) securities is $41,084,663 (cost $47,061,820), or 4.0% of total net assets.
5	Security is in default of interest and/or principal obligations.
6	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be illiquid and restricted under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) illiquid and restricted securities is $6,399 (cost $1,160,811), or 0.0% of total net assets — See Note 6.
7	Security has no stated coupon. However, it is expected to receive residual cash flow payments on defined deal dates.

CMT — Constant Maturity Treasury

EUR — Euro

EURIBOR — European Interbank Offered Rate

plc — Public Limited Company

REMIC — Real Estate Mortgage Investment Conduit

SARL —  Société à Responsabilité Limitée

SOFR — Secured Overnight Financing Rate

WAC — Weighted Average Coupon

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments):

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	—	$	—	$	3,262,913	$	3,262,913
Preferred Stocks		—		—		247,567		247,567
Exchange-Traded Funds		28,354,743		—		—		28,354,743
Money Market Fund		37,679,785		—		—		37,679,785
Senior Floating Rate Interests		—		867,230,457		30,599,638		897,830,095
Corporate Bonds		—		44,788,963		6,401		44,795,364
Collateralized Mortgage Obligations		—		8,809,353		—		8,809,353
Asset-Backed Securities		—		372,894		—		372,894
Total Assets	$	66,034,528	$	921,201,667	$	34,116,519	$	1,021,352,714

Investments in Securities (Liabilities)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Forward Foreign Currency Exchange Contracts**	$	—	$	364,246	$	—	$	364,246

** This derivative is reported as unrealized appreciation/depreciation at period end.

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

The following is a summary of significant unobservable inputs used in the fair valuation of assets and liabilities categorized within Level 3 of the fair value hierarchy:

Category	Ending Balance at December 31, 2023		Valuation Technique	Unobservable Inputs	Input Range	Weighted Average*
Assets:
Common Stocks	$	3,261,693	Enterprise Value	Valuation Multiple	2.9x-7.9x	4.8x
Common Stocks		1,202	Model Price	Liquidation Value	—	—
Common Stocks		18	Third Party Pricing	Trade Price	—	—
Corporate Bonds		6,401	Third Party Pricing	Broker Quote	—	—
Preferred Stocks		247,567	Enterprise Value	Valuation Multiple	5.1x	—
Senior Floating Rate Interests		25,834,575	Third Party Pricing	Broker Quote	—	—
Senior Floating Rate Interests		2,575,826	Third Party Pricing	Vendor Price	—	—
Senior Floating Rate Interests		2,189,237	Model Price	Purchase Price	—	—
Total Assets	$	34,116,519

* Inputs are weighted by the fair value of the instruments.

Significant changes in a quote, yield, liquidation value or valuation multiple would generally result in significant changes in the fair value of the security.

The Fund’s fair valuation leveling guidelines classify a single daily broker quote, or a vendor price based on a single daily or monthly broker quote, as Level 3, if such a quote or price cannot be supported with other available market information.

Transfers between Level 2 and Level 3 may occur as markets fluctuate and/or the availability of data used in an investment’s valuation changes. For the period ended December 31, 2023, the Fund had securities with a total value of $19,963,165 transfer into Level 3 from Level 2 due to a lack of observable inputs and had securities with a total value of $6,881,165 transfer out of Level 3 into Level 2 due to the availability of current and reliable market-based data provided by a third-party pricing service which utilizes significant observable inputs.

Summary of Fair Value Level 3 Activity 

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value for the period ended December 31, 2023:

	Assets															Liabilities
		Corporate Bonds			Senior Floating Rate Interests			Common Stocks			Preferred Stocks			Total Assets			Unfunded Loan Commitments
Beginning Balance	$	60,792		$	16,360,394		$	346,762		$	493,907		$	17,261,855		$	(249	)
Purchases/(Receipts)		—			6,059,233			—			—			6,059,233			—
(Sales, maturities and paydowns)/Fundings		—			(2,392,504	)		—			—			(2,392,504	)		—
Amortization of premiums/discounts		—			30,903			—			—			30,903			—
Corporate actions		—			(2,908,991	)		3,402,911			(493,920	)		—			—
Total realized gains (losses) including in earnings		—			18,975			(1,424,615	)		—			(1,405,640	)		6,019
Total change in unrealized appreciation (depreciation) included in earnings		(54,391	)		349,628			937,855			247,580			1,480,672			(5,770	)
Transfers into Level 3		—			19,963,165			—			—			19,963,165			—
Transfers out of Level 3		—			(6,881,165	)		—			—			(6,881,165	)		—
Ending Balance	$	6,401		$	30,599,638		$	3,262,913		$	247,567		$	34,116,519		$	—
Net change in unrealized appreciation (depreciation) for investments in Level 3 securities still held at December 31, 2023	$	(54,391	)	$	(66,173	)	$	(486,261	)	$	34,123		$	(572,702	)	$	—

Affiliated Transactions

Investments representing 5% or more of the outstanding voting shares of a company, or control of or by, or common control under Guggenheim Investments, result in that company being considered an affiliated issuer, as defined in the 1940 Act.

Transactions during the period ended December 31, 2023, in which the company is an affiliated issuer, were as follows:

Security Name	Value 09/30/23		Additions		Reductions		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Value 12/31/23		Shares 12/31/23
Common Stock
BP Holdco LLC*	$	313,770	$	–	$	–	$	–	$	(17,671	)	$	296,099		244,278

* Non-income producing security.

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 0.5%
Utilities - 0.5%
TexGen Power LLC*,††		26,665	$	899,944
Industrial - 0.0%
BP Holdco LLC*,†††,1		23,711		28,741
Vector Phoenix Holdings, LP*,†††		23,711		589
Targus,  Inc.*,†††		12,825		378
Targus,  Inc.*,†††		12,825		378
Targus,  Inc.*,†††		12,825		308
Targus , Inc.*,†††		12,825		141
YAK BLOCKER 2 LLC*,†††		6,243		62
YAK BLOCKER 2 LLC*,†††		5,770		58
Targus,  Inc.*,†††		12,825		–
Total Industrial				30,655
Energy - 0.0%
Legacy Reserves, Inc.*,†††		3,452		27,616
Permian Production Partners LLC*,†††		57,028		2,354
Bruin E&P Partnership Units*,††		44,023		4
Total Energy				29,974
Consumer, Non-cyclical - 0.0%
Cengage Learning Holdings II, Inc.*,††		2,107		19,051
Save-A-Lot*,††		17,185		3,300
Total Consumer, Non-cyclical				22,351
Financial - 0.0%
Tensor Ltd.*,†††		158,811		16
Total Common Stocks
(Cost $423,255)				982,940
PREFERRED STOCKS†† - 1.7%
Financial - 1.7%
Charles Schwab Corp.
4.00%		1,325,000		1,046,498
Citigroup, Inc.
7.63%2		775,000		791,352
Assurant, Inc.
5.25% due 01/15/61		28,075		559,810
Goldman Sachs Group, Inc.
7.50%2		475,000		496,325
American Equity Investment Life Holding Co.
5.95%2		21,500		465,260
Total Financial				3,359,245
Industrial - 0.0%
YAK BLOCKER 2 LLC*,†††		342,958		99,512
U.S. Shipping Corp.*,†††		14,718		2
Total Industrial				99,514
Total Preferred Stocks
(Cost $5,113,004)				3,458,759
WARRANTS† - 0.0%
Ginkgo Bioworks Holdings, Inc.
Expiring 09/16/26		4		–
Total Warrants
(Cost $9)				–
MONEY MARKET FUND† - 2.7%
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 5.25%3		5,362,762		5,362,762
Total Money Market Fund
(Cost $5,362,762)				5,362,762

	Face Amount~
CORPORATE BONDS†† - 79.9%
Consumer, Non-cyclical -  14.1%
CPI CG, Inc.
8.63% due 03/15/264		2,572,000	2,481,980
Upbound Group, Inc.
6.38% due 02/15/294,5		2,281,000	2,140,741
Cheplapharm Arzneimittel GmbH
5.50% due 01/15/284		1,953,000	1,846,576
Tenet Healthcare Corp.
6.75% due 05/15/314		675,000	689,884
4.38% due 01/15/30		625,000	579,212
6.13% due 06/15/30		275,000	278,049
Kronos Acquisition Holdings, Inc. / KIK Custom Products, Inc.
7.00% due 12/31/274		961,000	917,755
5.00% due 12/31/264		350,000	341,250
Legends Hospitality Holding Company LLC / Legends Hospitality Co-Issuer, Inc.
5.00% due 02/01/264		1,250,000	1,248,125
Sotheby's/Bidfair Holdings, Inc.
5.88% due 06/01/294		1,200,000	1,037,832
Post Holdings, Inc.
4.63% due 04/15/304		600,000	551,906
5.50% due 12/15/294		500,000	481,784
DaVita, Inc.
3.75% due 02/15/314		1,225,000	1,006,154
ADT Security Corp.
4.13% due 08/01/294		1,050,000	966,262
KeHE Distributors LLC / KeHE Finance Corp.
8.63% due 10/15/264		956,000	956,000
Carriage Services, Inc.
4.25% due 05/15/294		1,075,000	954,750
Prime Security Services Borrower LLC / Prime Finance, Inc.
3.38% due 08/31/274		1,025,000	950,375
GTCR W-2 Merger Sub LLC
7.50% due 01/15/314		850,000	898,214
Medline Borrower, LP
5.25% due 10/01/294		850,000	801,190
Par Pharmaceutical, Inc.
due 04/01/274,6		1,210,000	774,400
Williams Scotsman, Inc.
7.38% due 10/01/314		725,000	760,349
BCP V Modular Services Finance II plc
4.75% due 10/30/284	EUR	736,000	750,744
Bausch Health Companies, Inc.
4.88% due 06/01/284		1,200,000	722,692
IQVIA, Inc.
6.50% due 05/15/304		675,000	691,948

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 79.9% (continued)
Consumer, Non-cyclical -  14.1% (continued)
TriNet Group, Inc.
7.00% due 08/15/314	650,000	$	665,660
Albertsons Companies Incorporated / Safeway Inc / New Albertsons Limited Partnership / Albertsons LLC
5.88% due 02/15/284	475,000		475,319
6.50% due 02/15/284	175,000		177,091
Central Garden & Pet Co.
4.13% due 10/15/30	711,000		646,681
Endo Luxembourg Finance Company I SARL / Endo US, Inc.
due 04/01/294,6	950,000		608,000
Grifols S.A.
4.75% due 10/15/284	600,000		544,122
US Foods, Inc.
7.25% due 01/15/324	500,000		521,356
WW International, Inc.
4.50% due 04/15/294	690,000		452,467
Sabre GLBL, Inc.
7.38% due 09/01/254	320,000		304,000
9.25% due 04/15/254	31,000		29,760
Garden Spinco Corp.
8.63% due 07/20/304	300,000		320,441
Service Corporation International
3.38% due 08/15/30	325,000		283,431
Ingles Markets, Inc.
4.00% due 06/15/314	75,000		66,187
Endo Dac / Endo Finance LLC / Endo Finco, Inc.
due 07/31/274,6	171,000		11,970
Total Consumer, Non-cyclical			27,934,657
Industrial -  13.8%
Brundage-Bone Concrete Pumping Holdings, Inc.
6.00% due 02/01/264	2,076,000		2,074,983
New Enterprise Stone & Lime Company, Inc.
9.75% due 07/15/284	1,225,000		1,225,000
5.25% due 07/15/284	675,000		643,889
Trinity Industries, Inc.
7.75% due 07/15/284	1,175,000		1,213,870
4.55% due 10/01/24	550,000		541,750
Artera Services LLC
9.03% due 12/04/254	1,807,842		1,710,236
Level 3 Financing, Inc.
3.63% due 01/15/29	1,825,000		930,750
4.25% due 07/01/28	1,325,000		768,500
11.00% due 11/15/29†††	468,672		1
GrafTech Finance, Inc.
4.63% due 12/15/284	2,500,000		1,657,275
Mauser Packaging Solutions Holding Co.
7.88% due 08/15/264	1,025,000		1,043,123
9.25% due 04/15/274	500,000		490,777
TransDigm, Inc.
6.88% due 12/15/304	925,000		952,750
6.75% due 08/15/284	425,000		434,810
Great Lakes Dredge & Dock Corp.
5.25% due 06/01/294	1,525,000		1,296,572
Enviri Corp.
5.75% due 07/31/274	1,375,000		1,281,562
Clearwater Paper Corp.
4.75% due 08/15/284	1,375,000		1,274,628
Builders FirstSource, Inc.
6.38% due 06/15/324	750,000		765,881
4.25% due 02/01/324	100,000		90,198
Sealed Air Corporation/Sealed Air Corp US
6.13% due 02/01/284	475,000		479,091
7.25% due 02/15/314	350,000		371,105
Amsted Industries, Inc.
4.63% due 05/15/304	900,000		823,698
Masonite International Corp.
5.38% due 02/01/284	850,000		816,000
Emerald Debt Merger Sub LLC
6.63% due 12/15/304	700,000		714,959
Pactiv Evergreen Group Issuer Incorporated/Pactiv Evergreen Group Issuer LLC
4.00% due 10/15/274	700,000		654,500
Arcosa, Inc.
4.38% due 04/15/294	700,000		651,966
Summit Materials LLC / Summit Materials Finance Corp.
6.50% due 03/15/274	425,000		424,452
7.25% due 01/15/314	175,000		184,398
Advanced Drainage Systems, Inc.
6.38% due 06/15/304	575,000		579,309
Standard Industries, Inc.
4.38% due 07/15/304	550,000		505,114
Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance plc
6.00% due 06/15/274	500,000		498,209
Howmet Aerospace, Inc.
5.95% due 02/01/37	475,000		495,817
Calderys Financing LLC
11.25% due 06/01/284	425,000		445,141
Ball Corp.
6.00% due 06/15/29	425,000		433,998
Stericycle, Inc.
5.38% due 07/15/244	375,000		373,125
AmeriTex HoldCo Intermediate LLC
10.25% due 10/15/284	300,000		307,500
Clean Harbors, Inc.
6.38% due 02/01/314	225,000		228,612

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Face Amount~		Value
CORPORATE BONDS†† - 79.9% (continued)
Industrial -  13.8% (continued)
Total Industrial			$	27,383,549
Consumer, Cyclical -  11.9%
Hawaiian Brand Intellectual Property Ltd. / HawaiianMiles Loyalty Ltd.
5.75% due 01/20/264		1,334,000		1,256,817
Ferrellgas Limited Partnership / Ferrellgas Finance Corp.
5.38% due 04/01/264		1,225,000		1,198,838
PetSmart, Inc. / PetSmart Finance Corp.
4.75% due 02/15/284		1,150,000		1,084,202
CD&R Smokey Buyer, Inc.
6.75% due 07/15/254		1,075,000		1,063,541
Ritchie Bros Holdings, Inc.
6.75% due 03/15/284		550,000		566,265
7.75% due 03/15/314		450,000		479,749
Scientific Games Holdings Limited Partnership/Scientific Games US FinCo, Inc.
6.63% due 03/01/304		1,100,000		1,039,973
Penn Entertainment, Inc.
4.13% due 07/01/294		1,204,000		1,029,419
Hanesbrands, Inc.
4.88% due 05/15/264		1,050,000		1,012,843
Fertitta Entertainment LLC / Fertitta Entertainment Finance Company, Inc.
4.63% due 01/15/294		1,100,000		998,107
Crocs, Inc.
4.25% due 03/15/294		1,094,000		979,934
United Airlines, Inc.
4.63% due 04/15/294		1,025,000		958,616
Wolverine World Wide, Inc.
4.00% due 08/15/294		1,200,000		942,000
Wabash National Corp.
4.50% due 10/15/284		1,025,000		924,874
Scotts Miracle-Gro Co.
4.38% due 02/01/32		1,050,000		887,271
Air Canada
3.88% due 08/15/264		900,000		859,851
Allwyn Entertainment Financing UK plc
7.88% due 04/30/294		825,000		839,437
Tempur Sealy International, Inc.
3.88% due 10/15/314		875,000		739,753
Suburban Propane Partners Limited Partnership/Suburban Energy Finance Corp.
5.00% due 06/01/314		800,000		725,269
Newell Brands, Inc.
6.38% due 09/15/27		500,000		496,421
5.20% due 04/01/26		200,000		197,242
Ontario Gaming GTA, LP
8.00% due 08/01/304		625,000		644,531
Park River Holdings, Inc.
5.63% due 02/01/294		675,000		539,255
Asbury Automotive Group, Inc.
5.00% due 02/15/324		550,000		499,842
JB Poindexter & Company, Inc.
8.75% due 12/15/314		475,000		484,500
Clarios Global, LP / Clarios US Finance Co.
8.50% due 05/15/274		475,000		476,656
Michaels Companies, Inc.
5.25% due 05/01/284		600,000		474,351
Evergreen Acqco 1 Limited Partnership / TVI, Inc.
9.75% due 04/26/284		427,000		454,755
Superior Plus, LP
4.25% due 05/18/284	CAD	550,000		383,568
Clarios Global Limited Partnership / Clarios US Finance Co.
6.75% due 05/15/284		350,000		357,075
Caesars Entertainment, Inc.
6.25% due 07/01/254		275,000		275,748
Papa John's International, Inc.
3.88% due 09/15/294		275,000		243,254
Six Flags Theme Parks, Inc.
7.00% due 07/01/254		215,000		215,931
Allison Transmission, Inc.
4.75% due 10/01/274		200,000		193,254
Total Consumer, Cyclical				23,523,142
Communications -  11.3%
CCO Holdings LLC / CCO Holdings Capital Corp.
4.50% due 05/01/32		1,850,000		1,584,459
4.25% due 01/15/344		975,000		792,311
4.25% due 02/01/314		400,000		349,572
6.38% due 09/01/294		275,000		271,195
Altice France S.A.
5.13% due 07/15/294		1,450,000		1,128,128
5.50% due 10/15/294		1,250,000		980,156
8.13% due 02/01/274		900,000		829,647
McGraw-Hill Education, Inc.
5.75% due 08/01/284		1,675,000		1,615,119
8.00% due 08/01/294		775,000		720,750
CSC Holdings LLC
3.38% due 02/15/314		1,025,000		747,813
4.13% due 12/01/304		975,000		741,731
4.63% due 12/01/304		950,000		572,015
VZ Secured Financing BV
5.00% due 01/15/324		2,175,000		1,856,844
Vmed O2 UK Financing I plc
4.25% due 01/31/314		1,125,000		982,400
4.75% due 07/15/314		850,000		758,715
LCPR Senior Secured Financing DAC
6.75% due 10/15/274		1,417,000		1,387,895
Telenet Finance Luxembourg Notes SARL
5.50% due 03/01/28		1,400,000		1,309,000
AMC Networks, Inc.
4.25% due 02/15/29		1,550,000		1,182,738

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 79.9% (continued)
Communications -  11.3% (continued)
Sirius XM Radio, Inc.
4.13% due 07/01/304	800,000	$	712,862
5.50% due 07/01/294	325,000		314,220
3.88% due 09/01/314	50,000		42,774
UPC Broadband Finco BV
4.88% due 07/15/314	1,200,000		1,056,132
Cogent Communications Group, Inc.
7.00% due 06/15/274	975,000		979,875
Match Group Holdings II LLC
4.63% due 06/01/284	600,000		574,500
Outfront Media Capital LLC / Outfront Media Capital Corp.
4.25% due 01/15/294	550,000		496,304
Zayo Group Holdings, Inc.
4.00% due 03/01/274	300,000		240,532
Go Daddy Operating Company LLC / GD Finance Co., Inc.
3.50% due 03/01/294	200,000		181,139
Total Communications			22,408,826
Financial -  8.9%
Jefferies Finance LLC / JFIN Company-Issuer Corp.
5.00% due 08/15/284	2,500,000		2,237,698
NFP Corp.
6.88% due 08/15/284	1,425,000		1,448,656
8.50% due 10/01/314	600,000		650,340
United Wholesale Mortgage LLC
5.50% due 04/15/294	1,475,000		1,396,397
5.75% due 06/15/274	675,000		661,574
OneMain Finance Corp.
3.88% due 09/15/28	1,225,000		1,083,825
4.00% due 09/15/30	750,000		641,817
Hunt Companies, Inc.
5.25% due 04/15/294	1,225,000		1,092,716
Rocket Mortgage LLC / Rocket Mortgage Company-Issuer, Inc.
3.88% due 03/01/314	875,000		769,559
4.00% due 10/15/334	350,000		297,335
Jones Deslauriers Insurance Management, Inc.
10.50% due 12/15/304	725,000		764,079
8.50% due 03/15/304	200,000		210,026
HUB International Ltd.
7.00% due 05/01/264	575,000		577,222
5.63% due 12/01/294	375,000		357,739
Iron Mountain Information Management Services, Inc.
5.00% due 07/15/324	1,000,000		915,978
SLM Corp.
3.13% due 11/02/26	900,000		839,191
Jane Street Group / JSG Finance, Inc.
4.50% due 11/15/294	700,000		652,766
Alliant Holdings Intermediate LLC / Alliant Holdings Company-Issuer
4.25% due 10/15/274	475,000		456,499
7.00% due 01/15/314	125,000		131,858
6.75% due 04/15/284	50,000		51,152
USI, Inc.
7.50% due 01/15/324	300,000		307,140
6.88% due 05/01/254	250,000		250,000
Starwood Property Trust, Inc.
4.38% due 01/15/274	550,000		518,336
Liberty Mutual Group, Inc.
4.30% due 02/01/614	750,000		491,883
Kennedy-Wilson, Inc.
4.75% due 02/01/30	450,000		364,738
4.75% due 03/01/29	150,000		125,238
PennyMac Financial Services, Inc.
7.88% due 12/15/294	275,000		283,076
Total Financial			17,576,838
Energy -  7.8%
CVR Energy, Inc.
5.75% due 02/15/284	1,725,000		1,591,312
8.50% due 01/15/294	350,000		348,250
5.25% due 02/15/254	250,000		249,575
Global Partners Limited Partnership / GLP Finance Corp.
7.00% due 08/01/27	1,200,000		1,173,132
6.88% due 01/15/29	900,000		868,513
ITT Holdings LLC
6.50% due 08/01/294	1,875,000		1,658,700
NuStar Logistics, LP
5.63% due 04/28/27	1,585,000		1,578,248
Kinetik Holdings, LP
6.63% due 12/15/284	1,025,000		1,044,281
5.88% due 06/15/304	350,000		343,368
HF Sinclair Corp.
6.38% due 04/15/274	1,050,000		1,058,235
Viper Energy, Inc.
7.38% due 11/01/314	1,015,000		1,050,525
EnLink Midstream LLC
5.38% due 06/01/29	925,000		905,070
TransMontaigne Partners Limited Partnership / TLP Finance Corp.
6.13% due 02/15/26	1,000,000		902,500
Parkland Corp.
4.50% due 10/01/294	750,000		687,353
CQP Holdco Limited Partnership / BIP-V Chinook Holdco LLC
7.50% due 12/15/334	600,000		621,574
Venture Global LNG, Inc.
9.50% due 02/01/294	525,000		555,538
Venture Global Calcasieu Pass LLC
6.25% due 01/15/304	500,000		497,295
Southwestern Energy Co.
5.38% due 02/01/29	425,000		414,755

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 79.9% (continued)
Energy -  7.8% (continued)
Basic Energy Services, Inc.
due 10/15/23†††,6	1,175,000	$	5,875
Total Energy			15,554,099
Basic Materials -  7.2%
Carpenter Technology Corp.
6.38% due 07/15/28	1,325,000		1,320,028
7.63% due 03/15/30	650,000		670,268
SCIL IV LLC / SCIL USA Holdings LLC
5.38% due 11/01/264	1,650,000		1,583,888
Minerals Technologies, Inc.
5.00% due 07/01/284	1,547,000		1,487,735
Kaiser Aluminum Corp.
4.63% due 03/01/284	790,000		730,615
4.50% due 06/01/314	725,000		624,970
SK Invictus Intermediate II SARL
5.00% due 10/30/294	1,350,000		1,171,125
INEOS Finance plc
6.75% due 05/15/284	1,100,000		1,080,092
Ingevity Corp.
3.88% due 11/01/284	1,150,000		1,029,862
Novelis Corp.
4.75% due 01/30/304	1,025,000		963,960
Compass Minerals International, Inc.
6.75% due 12/01/274	875,000		866,250
Illuminate Buyer LLC / Illuminate Holdings IV, Inc.
9.00% due 07/01/284	900,000		860,580
Arsenal AIC Parent LLC
8.00% due 10/01/304	675,000		704,268
Valvoline, Inc.
3.63% due 06/15/314	600,000		512,046
WR Grace Holdings LLC
4.88% due 06/15/274	450,000		432,945
Axalta Coating Systems Dutch Holding B BV
7.25% due 02/15/314	250,000		262,183
Mirabela Nickel Ltd.
due 06/24/19†††,6,7	278,115		1,390
Total Basic Materials			14,302,205
Technology -  3.3%
NCR Voyix Corp.
5.13% due 04/15/294	1,250,000		1,188,252
Boxer Parent Company, Inc.
7.13% due 10/02/254	1,025,000		1,030,494
Capstone Borrower, Inc.
8.00% due 06/15/304	950,000		988,342
Central Parent Incorporated / CDK Global, Inc.
7.25% due 06/15/294	875,000		892,376
Dun & Bradstreet Corp.
5.00% due 12/15/294	925,000		862,858
Qorvo, Inc.
3.38% due 04/01/314	600,000		513,340
Cloud Software Group, Inc.
6.50% due 03/31/294	475,000		452,409
Playtika Holding Corp.
4.25% due 03/15/294	500,000		436,275
Central Parent LLC / CDK Global II LLC / CDK Financing Company, Inc.
8.00% due 06/15/294	200,000		208,752
Total Technology			6,573,098
Utilities -  1.6%
Terraform Global Operating, LP
6.13% due 03/01/264	1,955,000		1,923,231
AmeriGas Partners Limited Partnership / AmeriGas Finance Corp.
5.50% due 05/20/25	625,000		616,231
Atlantica Sustainable Infrastructure plc
4.13% due 06/15/284	400,000		374,877
Clearway Energy Operating LLC
4.75% due 03/15/284	175,000		168,598
Total Utilities			3,082,937
Total Corporate Bonds
(Cost $169,748,259)			158,339,351
SENIOR FLOATING RATE INTERESTS††,◊ - 14.5%
Consumer, Cyclical -  3.0%
First Brands Group LLC
10.88% (6 Month Term SOFR + 5.00%, Rate Floor: 6.00%) due 03/30/27	1,016,482		1,006,318
Alexander Mann
11.41% (1 Month SOFR + 6.00%, Rate Floor: 6.00%) due 06/29/27	956,451		929,355
American Tire Distributors, Inc.
11.91% (3 Month Term SOFR + 6.25%, Rate Floor: 6.25%) due 10/20/28	911,622		757,558
Holding SOCOTEC
9.57% (3 Month Term SOFR + 4.26%, Rate Floor: 5.01%) due 06/30/28	597,800		590,327
ScribeAmerica Intermediate Holdco LLC (Healthchannels)
9.97% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 04/03/25	742,618		513,335
TransNetwork LLC
due 11/15/30	425,000		421,812
Accuride Corp.
12.23% (1 Month Term SOFR + 1.62%, Rate Floor: 10.61%) (in-kind rate was 1.62%) due 05/18/268	490,267		397,116
Sweetwater Sound
9.72% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 08/07/28	348,034		346,294
WW International, Inc.
8.97% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 04/13/28	491,625		345,775

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 14.5% (continued)
Consumer, Cyclical -  3.0% (continued)
CCRR Parent, Inc.
9.22% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 03/06/28		299,231	$	289,132
Gateway Casinos & Entertainment Limited
13.55% (3 Month Term SOFR + 8.00%, Rate Floor: 8.00%) due 10/22/27		174,570		174,133
Flutter Financing B.V.
8.86% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 07/24/28		124,656		124,933
Total Consumer, Cyclical				5,896,088
Technology -  2.9%
Datix Bidco Ltd.
9.69% (6 Month GBP SONIA + 4.50%, Rate Floor: 4.50%) due 04/28/25†††	GBP	1,300,000		1,649,010
12.94% (6 Month GBP SONIA + 7.75%, Rate Floor: 7.75%) due 04/27/26†††	GBP	650,000		827,405
Park Place Technologies, LLC
10.46% (1 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 11/10/27		563,509		559,683
Atlas CC Acquisition Corp.
9.90% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 05/25/28		560,625		520,428
Xerox Corp.
9.36% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 11/19/29		500,000		499,375
Cloud Software Group, Inc.
9.95% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 09/29/28		495,794		482,393
Project Ruby Ultimate Parent Corp.
10.22% (1 Month Term SOFR + 4.86%, Rate Floor: 5.61%) due 03/10/28†††		419,948		413,742
Central Parent LLC
9.35% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 07/06/29		275,000		276,094
24-7 Intouch, Inc.
10.21% (1 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 08/25/25		265,104		259,802
SUSE
9.83% (1 Month SOFR + 4.50%, Rate Floor: 4.50%) due 10/26/30		200,000		200,834
Total Technology				5,688,766
Consumer, Non-cyclical -  2.9%
Quirch Foods Holdings LLC
10.39% (3 Month Term SOFR + 4.75%, Rate Floor: 5.75%) due 10/27/27		945,750		943,982
Blue Ribbon LLC
11.63% (3 Month Term SOFR + 6.00%, Rate Floor: 6.00%) due 05/08/28		1,025,119		882,884
Gibson Brands, Inc.
10.66% (3 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 08/11/28		852,600		758,814
Women's Care Holdings, Inc.
10.05% (6 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 01/17/28		653,301		554,489
Moran Foods LLC
12.70% (3 Month Term SOFR + 7.35%, Rate Floor: 8.35%) due 06/30/26†††		472,753		353,618
12.70% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) (in-kind rate was 10.70%) due 06/30/26†††,8		284,192		148,197
Confluent Health LLC
9.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 11/30/28		493,013		483,153
Balrog Acquisition, Inc.
9.97% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 09/05/28†††		348,250		347,379
PlayCore
9.39% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 03/29/27		299,250		300,746
Kronos Acquisition Holdings, Inc.
11.54% (3 Month Term SOFR + 6.00%, Rate Floor: 6.00%) due 12/22/26		294,000		294,185
TGP Holdings LLC
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 06/29/28		235,418		204,813
CHG PPC Parent LLC
8.47% (1 Month Term SOFR + 3.11%, Rate Floor: 3.61%) due 12/08/28†††		199,487		199,487

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 14.5% (continued)
Consumer, Non-cyclical -  2.9% (continued)
Florida Food Products LLC
10.47% (1 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 10/18/28	221,063	$	192,324
Total Consumer, Non-cyclical			5,664,071
Industrial -  2.2%
Dispatch Terra Acquisition LLC
9.75% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 03/27/28	1,170,611		1,097,448
Aegion Corp.
10.39% (3 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 05/17/28	684,657		684,370
Pelican Products, Inc.
9.75% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 12/29/28	645,955		595,357
ProAmpac PG Borrower LLC
9.88% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 09/15/28	325,000		325,101
DXP Enterprises, Inc.
10.29% (6 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 10/05/30†††	324,188		324,998
Osmose Utility Services, Inc.
8.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 06/23/28	316,149		315,595
Arcline FM Holdings LLC
10.86% (3 Month Term SOFR + 5.25%, Rate Floor: 5.25%) due 06/23/28	275,000		275,000
Patriot Container Corp. (Wastequip)
9.21% (1 Month Term SOFR + 3.85%, Rate Floor: 4.85%) due 03/20/25	224,405		214,540
Charter Next Generation, Inc.
9.22% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 12/01/27	199,487		200,173
Sundyne (Star US Bidco)
9.71% (1 Month Term SOFR + 4.35%, Rate Floor: 5.35%) due 03/17/27	196,938		196,593
Anchor Packaging LLC
8.96% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 07/20/26	148,573		147,319
Total Industrial			4,376,494
Financial -  1.7%
Franchise Group, Inc.
10.44% (3 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 03/10/26	938,947		745,524
Teneo Holdings LLC
10.71% (1 Month Term SOFR + 5.25%, Rate Floor: 5.25%) due 07/11/25	469,201		468,028
Osaic Holdings, Inc.
9.86% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 08/10/28	450,000		450,963
Citco Funding LLC
8.64% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 04/27/28	443,888		444,997
Eisner Advisory Group
10.72% (1 Month Term SOFR + 5.25%, Rate Floor: 5.25%) due 07/28/28	439,881		440,066
Cobham Ultra SeniorCo SARL
9.36% (6 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 08/06/29	397,007		390,556
Aretec Group, Inc.
9.96% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 08/09/30	374,060		373,252
Avison Young (Canada), Inc.
11.97% (1 Month Term SOFR + 6.50%, Rate Floor: 6.50%) due 01/31/26	525,250		160,858
Total Financial			3,474,244
Basic Materials -  0.9%
LTI Holdings, Inc.
10.22% (1 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 07/24/26	737,559		712,666
NIC Acquisition Corp.
9.36% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 12/29/27	653,766		523,993
Nouryon USA LLC
9.47% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 04/03/28	268,598		269,353
9.44% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 04/03/28	74,625		74,793
DCG Acquisition Corp.
9.96% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 09/30/26	245,581		243,432
Total Basic Materials			1,824,237
Communications -  0.5%
Cengage Learning Acquisitions, Inc.
10.41% (3 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 07/14/26	1,007,892		1,009,726

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 14.5% (continued)
Energy -  0.3%
BANGL LLC
9.89% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 02/01/29	541,643	$	541,811
Permian Production Partners LLC
13.47% (1 Month Term SOFR + 6.00%, Rate Floor: 11.47%) (in-kind rate was 2.00%) due 11/24/258	117,519		112,230
Total Energy			654,041
Utilities -  0.1%
TerraForm Power Operating LLC
7.95% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 05/21/29	226,250		225,754
Total Senior Floating Rate Interests
(Cost $30,611,032)			28,813,421
ASSET-BACKED SECURITIES†† - 0.5%
Collateralized Loan Obligations -  0.3%
WhiteHorse X Ltd.
2015-10A E, 10.96% (3 Month Term SOFR + 5.56%, Rate Floor: 5.30%) due 04/17/27◊,4	556,703		556,651
Infrastructure -  0.2%
Hotwire Funding LLC
2021-1, 4.46% due 11/20/514	400,000		338,822
Total Asset-Backed Securities
(Cost $909,225)			895,473
Total Investments - 99.8%
(Cost $212,167,546)		$	197,852,706
Other Assets & Liabilities, net - 0.2%			432,621
Total Net Assets - 100.0%		$	198,285,327

Forward Foreign Currency Exchange Contracts^††    

Counterparty	Currency	Type	Quantity		Contract Amount	Settlement Date	Unrealized Depreciation
Bank of America, N.A.	CAD	Sell		502,000	369,184 USD	01/17/24	$	(9,890	)
Barclays Bank plc	EUR	Sell		665,000	718,903 USD	01/17/24		(15,873	)
Barclays Bank plc	GBP	Sell		1,975,000	2,481,673 USD	01/17/24		(36,374	)
							$	(62,137	)

~	The face amount is denominated in U.S. dollars unless otherwise indicated.
*	Non-income producing security.
†	Value determined based on Level 1 inputs, unless otherwise noted — See Note 3.
††	Value determined based on Level 2 inputs, unless otherwise noted — See Note 3.
†††	Value determined based on Level 3 inputs — See Note 3.
◊	Variable rate security. Rate indicated is the rate effective at December 31, 2023. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.
1	Affiliated issuer.
2	Security has a fixed rate coupon which will convert to a floating or variable rate coupon on a future date.
3	Rate indicated is the 7-day yield as of December 31, 2023.
4	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) securities is $137,108,685 (cost $144,505,418), or 69.1% of total net assets.
5	All or a portion of this security has been physically segregated or earmarked in connection with reverse repurchase agreements. At December 31, 2023, the total market value of segregated or earmarked securities was $2,140,741— See Note 2.
6	Security is in default of interest and/or principal obligations.
7	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be illiquid and restricted under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) illiquid and restricted securities is $1,390 (cost $252,369), or 0.0% of total net assets — See Note 6.
8	Payment-in-kind security.

CAD — Canadian Dollar

EUR — Euro

GBP — British Pound

plc — Public Limited Company

SARL —  Société à Responsabilité Limitée

SOFR — Secured Overnight Financing Rate

SONIA — Sterling Overnight Index Average

See Sector Classification in Other Information section.

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments):  

Investments in Securities (Assets)	Level 1 Quoted Prices			Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	—		$	922,299	$	60,641	$	982,940
Preferred Stocks		—			3,359,245		99,514		3,458,759
Warrants		—	*		—		—		—
Money Market Fund		5,362,762			—		—		5,362,762
Corporate Bonds		—			158,332,085		7,266		158,339,351
Senior Floating Rate Interests		—			24,549,585		4,263,836		28,813,421
Asset-Backed Securities		—			895,473		—		895,473
Total Assets	$	5,362,762		$	188,058,687	$	4,431,257	$	197,852,706

Investments in Securities (Liabilities)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Forward Foreign Currency Exchange Contracts**	$	—	$	62,137	$	—	$	62,137

* Security has a market value of $0.

** This derivative is reported as unrealized appreciation/depreciation at period end.

The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial statement purposes. As of the period end, reverse repurchase agreements of $1,448,653 are categorized as Level 2 within the disclosure hierarchy — See Note 2.

The following is a summary of significant unobservable inputs used in the fair valuation of assets and liabilities categorized within Level 3 of the fair value hierarchy:

Category	Ending Balance at December 31, 2023		Valuation Technique	Unobservable Inputs	Input Range		Weighted Average*
Assets:
Common Stocks	$	59,420	Enterprise Value	Valuation Multiple		2.9x-7.9x		3.5x
Common Stocks		1,205	Model Price	Liquidation Value		—		—
Common Stocks		16	Third Party Pricing	Trade Price		—		—
Corporate Bonds		5,875	Third Party Pricing	Vendor Price		—		—
Corporate Bonds		1,390	Third Party Pricing	Broker Quote		—		—
Corporate Bonds		1	Model Price	Liquidation Value		—		—
Preferred Stocks		99,512	Enterprise Value	Valuation Multiple		5.1x		—
Preferred Stocks		2	Model Price	Purchase Price		—		—
Senior Floating Rate Interests		2,890,157	Yield Analysis	Yield		10.2%-13.4%		11.2%
Senior Floating Rate Interests		524,485	Third Party Pricing	Broker Quote		—		—
Senior Floating Rate Interests		501,815	Model Price	Liquidation Value		—		—
Senior Floating Rate Interests		347,379	Third Party Pricing	Vendor Price		—		—
Total Assets	$	4,431,257

* Inputs are weighted by the fair value of the instruments.

Significant changes in a quote, yield, liquidation value or valuation multiple would generally result in significant changes in the fair value of the security.

The Fund’s fair valuation leveling guidelines classify a single daily broker quote, or a vendor price based on a single daily or monthly broker quote, as Level 3, if such a quote or price cannot be supported with other available market information.

Transfers between Level 2 and Level 3 may occur as markets fluctuate and/or the availability of data used in an investment’s valuation changes. For the period ended December 31, 2023, the Fund had securities with a total value of $205,362 transfer into Level 3 from Level 2 due to a lack of observable inputs and had securities with a total value of $458,528 transfer out of Level 3 into Level 2 due to the availability of current and reliable market-based data provided by a third-party pricing service which utilizes significant observable inputs.

Summary of Fair Value Level 3 Activity 

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value for the period ended December 31, 2023:

	Assets
		Corporate Bonds			Senior Floating Rate Interests			Common Stocks			Preferred Stocks		Total Assets
Beginning Balance	$	13,211		$	3,744,601		$	64,125		$	85,798	$	3,907,735
Purchases/(Receipts)		-			737,079			-			-		737,079
(Sales, maturities and paydowns)/Fundings		-			(2,740	)		-			-		(2,740	)
Amortization of premiums/discounts		-			23,193			-			-		23,193
Total realized gains (losses) included in earnings		-			-			-			-		-
Total change in unrealized appreciation (depreciation) included in earnings		(11,820	)		20,740			(3,480	)		13,716		19,156
Transfers into Level 3		5,875			199,487			-			-		205,362
Transfers out of Level 3		-			(458,524	)		(4	)		-		(458,528	)
Ending Balance	$	7,266		$	4,263,836		$	60,641		$	99,514	$	4,431,257
Net change in unrealized appreciation (depreciation) for investments in Level 3 securities still held at December 31, 2023	$	(11,820	)	$	12,828		$	(2,498	)	$	13,716	$	12,226

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

Affiliated Transactions

Investments representing 5% or more of the outstanding voting shares of a company, or control of or by, or common control under Guggenheim Investments, result in that company being considered an affiliated issuer, as defined in the 1940 Act.

Transactions during the period ended December 31, 2023, in which the company is an affiliated issuer, were as follows:  

Security Name	Value 09/30/23		Additions		Reductions		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Value 12/31/23		Shares 12/31/23
Common Stocks
BP Holdco LLC   *	$	30,456	$	–	$	–	$	–	$	(1,715	)	$	28,741		23,711

* Non-income producing security.

Large Cap Value Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 96.2%
Financial - 19.3%
Bank of America Corp.		26,532	$	893,333
Berkshire Hathaway, Inc. — Class B*		2,471		881,307
JPMorgan Chase & Co.		3,590		610,659
Mastercard, Inc. — Class A		1,295		552,330
Jefferies Financial Group, Inc.		12,178		492,113
Charles Schwab Corp.		6,546		450,365
First Horizon Corp.		30,507		431,979
American Tower Corp. — Class A REIT		1,929		416,432
Goldman Sachs Group, Inc.		1,059		408,530
Ventas, Inc. REIT		8,144		405,897
Wells Fargo & Co.		7,241		356,402
Synovus Financial Corp.		9,411		354,324
Unum Group		7,213		326,172
STAG Industrial, Inc. REIT		6,837		268,421
Markel Group, Inc.*		144		204,466
Total Financial				7,052,730
Consumer, Non-cyclical - 17.8%
Johnson & Johnson		4,170		653,606
Ingredion, Inc.		5,537		600,931
Humana, Inc.		1,306		597,900
Tyson Foods, Inc. — Class A		11,064		594,690
Medtronic plc		6,416		528,550
Archer-Daniels-Midland Co.		6,265		452,458
PayPal Holdings, Inc.*		7,205		442,459
Merck & Company, Inc.		3,339		364,018
Encompass Health Corp.		5,404		360,555
Coca-Cola Co.		6,081		358,353
HCA Healthcare, Inc.		1,156		312,906
Bunge Global S.A.		3,038		306,686
Euronet Worldwide, Inc.*		2,372		240,734
Kenvue, Inc.		10,128		218,056
Henry Schein, Inc.*		2,357		178,448
Moderna, Inc.*		1,739		172,943
Pfizer, Inc.		4,745		136,609
Total Consumer, Non-cyclical				6,519,902
Energy - 12.1%
Chevron Corp.		6,300		939,708
ConocoPhillips		7,974		925,542
Diamondback Energy, Inc.		4,180		648,234
Coterra Energy, Inc. — Class A		15,804		403,318
Pioneer Natural Resources Co.		1,695		381,172
Equities Corp.		9,397		363,288
Kinder Morgan, Inc.		16,847		297,181
Marathon Oil Corp.		12,079		291,829
Range Resources Corp.		5,505		167,572
Total Energy				4,417,844
Industrial - 9.8%
Eagle Materials, Inc.		3,262		661,664
Curtiss-Wright Corp.		2,891		644,086
Knight-Swift Transportation Holdings, Inc.		9,555		550,846
Johnson Controls International plc		8,932		514,840
Advanced Energy Industries, Inc.		4,251		463,019
L3Harris Technologies, Inc.		2,153		453,465
Teledyne Technologies, Inc.*		642		286,518
Total Industrial				3,574,438
Technology - 9.5%
Microsoft Corp.		1,371		515,551
Teradyne, Inc.		4,240		460,125
Leidos Holdings, Inc.		4,014		434,475
NXP Semiconductor N.V.		1,826		419,396
KLA Corp.		684		397,609
Fiserv, Inc.*		2,949		391,745
Intel Corp.		5,968		299,892
Amdocs Ltd.		2,549		224,032
Applied Materials, Inc.		1,172		189,946
Fortinet, Inc.*		2,463		144,159
Total Technology				3,476,930
Consumer, Cyclical - 8.6%
Walmart, Inc.		4,332		682,940
Ferguson plc*		3,521		679,800
Delta Air Lines, Inc.		11,162		449,047
Lear Corp.		2,877		406,261
Levi Strauss & Co. — Class A		16,663		275,606
Whirlpool Corp.		2,259		275,078
Southwest Airlines Co.		9,056		261,538
Advance Auto Parts, Inc.		1,482		90,446
Total Consumer, Cyclical				3,120,716
Utilities - 7.0%
OGE Energy Corp.		18,873		659,234
Edison International		7,613		544,254
Pinnacle West Capital Corp.		6,179		443,899
Exelon Corp.		11,169		400,967
Duke Energy Corp.		3,475		337,214
NiSource, Inc.		6,835		181,469
Total Utilities				2,567,037
Communications - 6.5%
Verizon Communications, Inc.		24,434		921,162
Alphabet, Inc. — Class A*		4,480		625,811
Walt Disney Co.		4,030		363,869
T-Mobile US, Inc.		1,466		235,044
AT&T, Inc.		12,462		209,112
Total Communications				2,354,998
Basic Materials - 5.6%
Nucor Corp.		2,541		442,236
Westlake Corp.		2,839		397,347
Freeport-McMoRan, Inc.		9,272		394,709
DuPont de Nemours, Inc.		4,043		311,028
Reliance Steel & Aluminum Co.		1,014		283,595
Huntsman Corp.		8,911		223,933
Total Basic Materials				2,052,848
Total Common Stocks
(Cost $29,473,903)				35,137,443
EXCHANGE-TRADED FUNDS† - 3.6%
iShares Russell 1000 Value ETF		7,953		1,314,233
Total Exchange-Traded Funds
(Cost $1,121,233)				1,314,233

Large Cap Value Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
MONEY MARKET FUND† - 0.2%
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 5.25%1		89,310	$	89,310
Total Money Market Fund
(Cost $89,310)				89,310
Total Investments - 100.0%
(Cost $30,684,446)			$	36,540,986
Other Assets & Liabilities, net - 0.0%				15,201
Total Net Assets - 100.0%			$	36,556,187

*	Non-income producing security.
†	Value determined based on Level 1 inputs — See Note 3.
1	Rate indicated is the 7-day yield as of December 31, 2023.

plc — Public Limited Company

REIT — Real Estate Investment Trust

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments): 

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	35,137,443	$	—	$	—	$	35,137,443
Exchange-Traded Funds		1,314,233		—		—		1,314,233
Money Market Fund		89,310		—		—		89,310
Total Assets	$	36,540,986	$	—	$	—	$	36,540,986

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 0.0%
Communications - 0.0%
Vacasa, Inc. — Class A*		4,070	$	33,374
Total Common Stocks
(Cost $813,037)				33,374
PREFERRED STOCKS†† - 0.5%
Financial - 0.5%
Wells Fargo & Co.
3.90%		12,100,000		11,179,875
MetLife, Inc.
3.85%		4,620,000		4,373,284
Markel Group, Inc.
6.00%		4,085,000		4,038,831
American Equity Investment Life Holding Co.
5.95%1		8,000		173,120
Total Financial				19,765,110
Total Preferred Stocks
(Cost $20,988,591)				19,765,110
WARRANTS† - 0.0%
Ginkgo Bioworks Holdings, Inc.
Expiring 09/16/26		19,663		2,071
Total Warrants
(Cost $45,531)				2,071
MUTUAL FUNDS† - 2.2%
Guggenheim Strategy Fund III2		1,304,826		32,033,490
Guggenheim Strategy Fund II2		1,303,136		31,926,832
Guggenheim Ultra Short Duration Fund — Institutional Class2		3,171,615		31,240,406
Total Mutual Funds
(Cost $95,206,828)				95,200,728
MONEY MARKET FUND† - 7.0%
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 5.25%3		295,898,775		295,898,775
Total Money Market Fund
(Cost $295,898,775)				295,898,775

	Face Amount~
ASSET-BACKED SECURITIES†† - 30.0%
Collateralized Loan Obligations -  20.1%
THL Credit Lake Shore MM CLO I Ltd.
2021-1A A1R, 7.36% (3 Month Term SOFR + 1.96%, Rate Floor: 1.70%) due 04/15/33◊,4	48,500,001	48,107,645
2021-1A A2R, 7.51% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 04/15/33◊,4	6,250,000	6,122,401
BXMT Ltd.
2020-FL2 A, 6.38% (1 Month Term SOFR + 1.01%, Rate Floor: 1.01%) due 02/15/38◊,4	17,028,324	16,219,478
2020-FL2 AS, 6.63% (1 Month Term SOFR + 1.26%, Rate Floor: 1.26%) due 02/15/38◊,4	14,310,000	13,132,443
2020-FL3 AS, 7.23% (1 Month Term SOFR + 1.86%, Rate Floor: 1.86%) due 11/15/37◊,4	4,500,000	4,202,201
2020-FL3 B, 7.63% (1 Month Term SOFR + 2.26%, Rate Floor: 2.26%) due 11/15/37◊,4	2,000,000	1,823,169
2020-FL2 B, 6.88% (1 Month Term SOFR + 1.51%, Rate Floor: 1.51%) due 02/15/38◊,4	2,000,000	1,782,822
Golub Capital Partners CLO 49M Ltd.
2021-49A AR, 7.21% (3 Month Term SOFR + 1.79%, Rate Floor: 1.79%) due 08/26/33◊,4	36,500,000	36,169,401
ABPCI Direct Lending Fund IX LLC
2021-9A A1R, 7.05% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 11/18/31◊,4	30,750,000	30,384,693
Golub Capital Partners CLO 54M, LP
2021-54A A, 7.18% (3 Month Term SOFR + 1.79%, Rate Floor: 1.53%) due 08/05/33◊,4	29,000,000	28,738,026
LCCM Trust
2021-FL3 A, 6.93% (1 Month Term SOFR + 1.56%, Rate Floor: 1.56%) due 11/15/38◊,4	22,250,000	21,933,189
2021-FL2 B, 7.38% (1 Month Term SOFR + 2.01%, Rate Floor: 2.01%) due 12/13/38◊,4	6,000,000	5,701,076
Golub Capital Partners CLO 16 Ltd.
2021-16A A1R2, 7.25% (3 Month Term SOFR + 1.87%, Rate Floor: 1.61%) due 07/25/33◊,4	27,650,000	27,557,483
Owl Rock CLO IV Ltd.
2021-4A A1R, 7.23% (3 Month Term SOFR + 1.86%, Rate Floor: 1.60%) due 08/20/33◊,4	24,250,000	23,896,018
2021-4A A2R, 7.53% (3 Month Term SOFR + 2.16%, Rate Floor: 1.90%) due 08/20/33◊,4	3,650,000	3,505,600

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 30.0% (continued)
Collateralized Loan Obligations -  20.1% (continued)
Parliament CLO II Ltd.
2021-2A B, 7.33% (3 Month Term SOFR + 1.96%, Rate Floor: 1.70%) due 08/20/32◊,4	22,250,000	$	21,533,134
2021-2A A, 6.98% (3 Month Term SOFR + 1.61%, Rate Floor: 1.35%) due 08/20/32◊,4	4,601,948		4,554,903
2021-2A C, 8.18% (3 Month Term SOFR + 2.81%, Rate Floor: 2.55%) due 08/20/32◊,4	500,000		477,810
ABPCI Direct Lending Fund CLO V Ltd.
2021-5A A2R, 7.58% (3 Month Term SOFR + 2.16%, Rate Floor: 1.90%) due 04/20/31◊,4	15,500,000		14,990,317
2021-5A A1R, 7.18% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 04/20/31◊,4	10,533,310		10,428,923
Golub Capital Partners CLO 36M Ltd.
2018-36A A, 6.95% (3 Month Term SOFR + 1.56%, Rate Floor: 0.00%) due 02/05/31◊,4	23,145,198		23,046,243
Palmer Square Loan Funding Ltd.
2021-1A A1, 6.58% (3 Month Term SOFR + 1.16%, Rate Floor: 1.16%) due 04/20/29◊,4	7,068,486		7,059,185
2021-3A B, 7.43% (3 Month Term SOFR + 2.01%, Rate Floor: 2.01%) due 07/20/29◊,4	5,000,000		4,997,573
2022-1A A2, 6.99% (3 Month Term SOFR + 1.60%, Rate Floor: 1.60%) due 04/15/30◊,4	5,000,000		4,937,832
2021-2A B, 7.03% (3 Month Term SOFR + 1.66%, Rate Floor: 1.66%) due 05/20/29◊,4	4,000,000		3,997,991
2023-2A A2, 7.65% (3 Month Term SOFR + 2.30%, Rate Floor: 2.30%) due 01/25/32◊,4	2,000,000		2,000,037
Golub Capital Partners CLO 33M Ltd.
2021-33A AR2, 7.50% (3 Month Term SOFR + 2.12%, Rate Floor: 1.86%) due 08/25/33◊,4	23,000,000		22,146,387
Madison Park Funding XLVIII Ltd.
2021-48A B, 7.11% (3 Month Term SOFR + 1.71%, Rate Floor: 1.71%) due 04/19/33◊,4	22,000,000		21,866,559
Cerberus Loan Funding XLIV LLC
2024-5A A,  (3 Month Term SOFR + 2.35%, Rate Floor: 2.35%) due 01/15/36◊,4	20,000,000		20,000,000
LCM XXIV Ltd.
2021-24A AR, 6.66% (3 Month Term SOFR + 1.24%, Rate Floor: 0.98%) due 03/20/30◊,4	19,972,100		19,966,188
HERA Commercial Mortgage Ltd.
2021-FL1 A, 6.52% (1 Month Term SOFR + 1.16%, Rate Floor: 1.05%) due 02/18/38◊,4	16,888,373		16,296,166
2021-FL1 B, 7.07% (1 Month Term SOFR + 1.71%, Rate Floor: 1.60%) due 02/18/38◊,4	3,750,000		3,602,221
Cerberus Loan Funding XL LLC
2023-1A A, 7.79% (3 Month Term SOFR + 2.40%, Rate Floor: 2.40%) due 03/22/35◊,4	16,500,000		16,500,350
2023-1A B, 8.99% (3 Month Term SOFR + 3.60%, Rate Floor: 3.60%) due 03/22/35◊,4	3,250,000		3,253,380
Cerberus Loan Funding XXXII, LP
2021-2A A, 7.28% (3 Month Term SOFR + 1.88%, Rate Floor: 1.88%) due 04/22/33◊,4	14,250,000		14,113,571
2021-2A B, 7.56% (3 Month Term SOFR + 2.16%, Rate Floor: 2.16%) due 04/22/33◊,4	4,000,000		3,899,990
Cerberus Loan Funding XXX, LP
2020-3A A, 7.51% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 01/15/33◊,4	18,000,000		17,927,732

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 30.0% (continued)
Collateralized Loan Obligations -  20.1% (continued)
ABPCI Direct Lending Fund CLO II LLC
2021-1A A1R, 7.28% (3 Month Term SOFR + 1.86%, Rate Floor: 1.60%) due 04/20/32◊,4	15,250,000	$	15,128,012
2021-1A BR, 7.83% (3 Month Term SOFR + 2.41%, Rate Floor: 2.15%) due 04/20/32◊,4	2,250,000		2,188,146
2021-1A A2R, 7.58% (3 Month Term SOFR + 2.16%, Rate Floor: 1.90%) due 04/20/32◊,4	300,000		297,745
Cerberus Loan Funding XXXI, LP
2021-1A B, 7.56% (3 Month Term SOFR + 2.16%, Rate Floor: 1.90%) due 04/15/32◊,4	9,600,000		9,536,025
2021-1A A, 7.16% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 04/15/32◊,4	7,976,843		7,958,966
Woodmont Trust
2020-7A A1A, 7.56% (3 Month Term SOFR + 2.16%, Rate Floor: 1.90%) due 01/15/32◊,4	16,250,000		16,182,462
BRSP Ltd.
2021-FL1 C, 7.62% (1 Month Term SOFR + 2.26%, Rate Floor: 2.15%) due 08/19/38◊,4	10,000,000		9,242,094
2021-FL1 B, 7.37% (1 Month Term SOFR + 2.01%, Rate Floor: 1.90%) due 08/19/38◊,4	6,400,000		6,103,631
ACRES Commercial Realty Ltd.
2021-FL1 B, 7.28% (1 Month Term SOFR + 1.91%, Rate Floor: 1.91%) due 06/15/36◊,4	11,200,000		10,714,237
2021-FL1 C, 7.48% (1 Month Term SOFR + 2.11%, Rate Floor: 2.11%) due 06/15/36◊,4	4,800,000		4,554,352
Cerberus Loan Funding XXXIII, LP
2021-3A A, 7.22% (3 Month Term SOFR + 1.82%, Rate Floor: 1.56%) due 07/23/33◊,4	11,500,000		11,384,757
2021-3A B, 7.51% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 07/23/33◊,4	2,250,000		2,186,165
BDS Ltd.
2021-FL8 D, 7.37% (1 Month Term SOFR + 2.01%, Rate Floor: 1.90%) due 01/18/36◊,4	7,000,000		6,746,055
2021-FL9 C, 7.37% (1 Month Term SOFR + 2.01%, Rate Floor: 1.90%) due 11/16/38◊,4	5,000,000		4,787,610
2020-FL5 B, 7.27% (1 Month Term SOFR + 1.91%, Rate Floor: 1.80%) due 02/16/37◊,4	1,400,000		1,361,930
ABPCI Direct Lending Fund CLO I LLC
2021-1A A1A2, 7.38% (3 Month Term SOFR + 1.96%, Rate Floor: 1.96%) due 07/20/33◊,4	12,250,000		12,132,995
Fortress Credit Opportunities XI CLO Ltd.
2018-11A A1T, 6.96% (3 Month Term SOFR + 1.56%, Rate Floor: 0.00%) due 04/15/31◊,4	11,671,879		11,625,978
Lake Shore MM CLO III LLC
2021-2A A1R, 7.14% (3 Month Term SOFR + 1.74%, Rate Floor: 1.48%) due 10/17/31◊,4	11,250,000		11,221,878
Fortress Credit Opportunities IX CLO Ltd.
2021-9A A2TR, 7.46% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 10/15/33◊,4	11,500,000		11,221,071
ALM 2020 Ltd.
2020-1A A1B, 7.06% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 10/15/29◊,4	10,500,000		10,436,068
Owl Rock CLO II Ltd.
2021-2A ALR, 7.23% (3 Month Term SOFR + 1.81%, Rate Floor: 1.55%) due 04/20/33◊,4	10,500,000		10,377,630
FS Rialto
2021-FL3 B, 7.27% (1 Month Term SOFR + 1.91%, Rate Floor: 1.91%) due 11/16/36◊,4	7,500,000		7,193,815
2021-FL2 C, 7.52% (1 Month Term SOFR + 2.16%, Rate Floor: 2.16%) due 05/16/38◊,4	3,250,000		3,071,017

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 30.0% (continued)
Collateralized Loan Obligations -  20.1% (continued)
KREF
2021-FL2 B, 7.13% (1 Month Term SOFR + 1.76%, Rate Floor: 1.65%) due 02/15/39◊,4	10,700,000	$	9,852,577
ABPCI Direct Lending Fund CLO VII, LP
2021-7A A1R, 7.08% (3 Month Term SOFR + 1.69%, Rate Floor: 1.43%) due 10/20/31◊,4	9,250,000		9,154,255
Cerberus Loan Funding XXXV, LP
2021-5A A, 7.16% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 09/22/33◊,4	8,000,000		7,977,446
GoldenTree Loan Management US CLO 1 Ltd.
2021-9A B, 7.18% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 01/20/33◊,4	7,000,000		6,965,193
2021-9A C, 7.48% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 01/20/33◊,4	1,000,000		982,185
LoanCore Issuer Ltd.
2021-CRE5 B, 7.48% (1 Month Term SOFR + 2.11%, Rate Floor: 2.11%) due 07/15/36◊,4	7,900,000		7,470,405
BCC Middle Market CLO LLC
2021-1A A1R, 7.16% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 10/15/33◊,4	6,750,000		6,673,693
CHCP Ltd.
2021-FL1 A, 6.52% (1 Month Term SOFR + 1.16%, Rate Floor: 1.05%) due 02/15/38◊,4	6,196,376		6,098,418
Neuberger Berman Loan Advisers CLO 40 Ltd.
2021-40A B, 7.06% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 04/16/33◊,4	6,000,000		5,963,618
Fontainbleau Vegas
11.01% (1 Month Term SOFR + 5.65%, Rate Floor: 5.65%) due 01/31/26◊,†††	5,954,764		5,954,764
MF1 Multifamily Housing Mortgage Loan Trust
2021-FL6 B, 7.12% (1 Month Term SOFR + 1.76%, Rate Floor: 1.65%) due 07/16/36◊,4	6,000,000		5,774,189
Cerberus Loan Funding XLII LLC
2023-3A A1, 7.91% (3 Month Term SOFR + 2.48%, Rate Floor: 2.48%) due 09/13/35◊,4	5,750,000		5,750,516
NewStar Fairfield Fund CLO Ltd.
2018-2A A1N, 6.95% (3 Month Term SOFR + 1.53%, Rate Floor: 1.27%) due 04/20/30◊,4	5,279,897		5,257,138
STWD Ltd.
2019-FL1 C, 7.43% (1 Month Term SOFR + 2.06%, Rate Floor: 2.06%) due 07/15/38◊,4	3,200,000		2,989,670
2021-FL2 B, 7.27% (1 Month Term SOFR + 1.91%, Rate Floor: 1.80%) due 04/18/38◊,4	2,187,000		2,004,579
CIFC Funding Ltd.
2021-4A A1B2, 6.93% (3 Month Term SOFR + 1.51%, Rate Floor: 1.51%) due 04/20/34◊,4	5,000,000		4,967,110
BSPRT Issuer Ltd.
2021-FL6 C, 7.53% (1 Month Term SOFR + 2.16%, Rate Floor: 2.05%) due 03/15/36◊,4	5,000,000		4,652,440
VOYA CLO
2021-2A BR, 7.81% (3 Month Term SOFR + 2.41%, Rate Floor: 2.15%) due 06/07/30◊,4	4,500,000		4,501,414
ACRE Commercial Mortgage Ltd.
2021-FL4 AS, 6.57% (1 Month Term SOFR + 1.21%, Rate Floor: 1.10%) due 12/18/37◊,4	4,500,000		4,424,773
Carlyle Global Market Strategies CLO Ltd.
2018-4A A1RR, 6.66% (3 Month Term SOFR + 1.26%, Rate Floor: 1.00%) due 01/15/31◊,4	4,317,408		4,320,075

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Face Amount~		Value
ASSET-BACKED SECURITIES†† - 30.0% (continued)
Collateralized Loan Obligations -  20.1% (continued)
Magnetite XXIX Ltd.
2021-29A B, 7.06% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 01/15/34◊,4		4,000,000	$	3,974,925
Neuberger Berman Loan Advisers CLO 32 Ltd.
2021-32A BR, 7.06% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 01/20/32◊,4		4,000,000		3,974,152
PFP Ltd.
2021-7 D, 7.88% (1 Month Term SOFR + 2.51%, Rate Floor: 2.40%) due 04/14/38◊,4		4,104,795		3,917,159
KREF Funding V LLC
7.22% (1 Month Term SOFR + 1.86%, Rate Floor: 1.86%) due 06/25/26◊,†††		3,487,275		3,465,863
0.15% due 06/25/26†††,5		27,272,727		13,091
Owl Rock CLO VI Ltd.
2021-6A B1, 7.38% (3 Month Term SOFR + 2.01%, Rate Floor: 1.75%) due 06/21/32◊,4		3,500,000		3,406,031
Greystone Commercial Real Estate Notes
2021-FL3 B, 7.13% (1 Month Term SOFR + 1.76%, Rate Floor: 1.65%) due 07/15/39◊,4		2,200,000		2,102,491
HGI CRE CLO Ltd.
2021-FL2 B, 6.97% (1 Month Term SOFR + 1.61%, Rate Floor: 1.61%) due 09/17/36◊,4		2,000,000		1,916,608
Golub Capital Partners CLO 17 Ltd.
2017-17A A1R, 7.29% (3 Month Term SOFR + 1.91%, Rate Floor: 0.00%) due 10/25/30◊,4		1,851,727		1,851,928
Cerberus Loan Funding XXXVI, LP
2021-6A A, 7.06% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 11/22/33◊,4		1,596,981		1,596,236
Dryden 37 Senior Loan Fund
2015-37A Q,  due 01/15/314,6		1,500,000		1,074,871
Carlyle GMS Finance MM CLO LLC
2018-1A A12R, 7.44% (3 Month Term SOFR + 2.04%, Rate Floor: 0.00%) due 10/15/31◊,4		250,000		249,358
Treman Park CLO Ltd.
2015-1A COM,  due 10/20/284,6		325,901		1,281
Copper River CLO Ltd.
2007-1A INC,  due 01/20/216,7		500,000		50
Total Collateralized Loan Obligations				851,803,278
Financial -  2.9%
Madison Avenue Secured Funding Trust
2023-1, 7.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 03/04/24◊,†††,4		18,250,000		18,250,000
2023-2, 7.21% (1 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 10/15/24◊,†††,4		15,025,000		15,025,000
Strategic Partners Fund VIII LP
7.95% (1 Month Term SOFR + 2.60%, Rate Floor: 2.60%) due 03/10/26◊,†††		25,145,034		25,010,256
KKR Core Holding Company LLC
4.00% due 08/12/31†††		17,807,991		16,011,342
Project Onyx I
7.67% due 01/26/27†††		9,750,000		9,747,075
7.31% (3 Month Term SOFR + 3.15%, Rate Floor: 3.15%) due 01/26/27◊,†††		6,000,000		5,998,200
HV Eight LLC
7.10% (3 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 12/31/27◊,†††	EUR	11,388,384		12,581,548
Station Place Securitization Trust
2023-SP1, 7.21% (1 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 10/15/24◊,†††,4		7,525,000		7,525,000
Project Onyx II
7.67% due 01/26/27†††		3,250,000		3,248,733
7.31% (3 Month Term SOFR + 3.15%, Rate Floor: 3.15%) due 01/26/27◊,†††		1,000,000		999,610

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 30.0% (continued)
Financial -  2.9% (continued)
Ceamer Finance LLC
3.69% due 03/24/31†††	3,729,792	$	3,493,733
Thunderbird A
5.50% due 03/01/37†††	3,589,438		3,381,502
Lightning A
5.50% due 03/01/37†††	3,535,895		3,331,061
Total Financial			124,603,060
Transport-Container -  1.9%
Triton Container Finance VIII LLC
2021-1A, 1.86% due 03/20/464	31,033,125		27,029,461
Textainer Marine Containers VII Ltd.
2021-1A, 1.68% due 02/20/464	8,738,667		7,659,254
2020-1A, 2.73% due 08/21/454	3,644,248		3,400,620
2020-2A, 2.10% due 09/20/454	3,425,671		3,099,739
CLI Funding VI LLC
2020-3A, 2.07% due 10/18/454	12,160,000		10,906,389
2020-1A, 2.08% due 09/18/454	1,334,500		1,191,837
TIF Funding II LLC
2021-1A, 1.65% due 02/20/464	14,079,563		12,087,240
CLI Funding VIII LLC
2021-1A, 1.64% due 02/18/464	13,237,947		11,674,867
CAL Funding IV Ltd.
2020-1A, 2.22% due 09/25/454	2,714,063		2,443,912
Total Transport-Container			79,493,319
Net Lease -  1.6%
Oak Street Investment Grade Net Lease Fund Series
2020-1A, 1.85% due 11/20/504	38,601,100		35,026,970
STORE Master Funding I LLC
2015-1A, 4.17% due 04/20/454	10,236,333		9,758,699
STORE Master Funding LLC
2021-1A, 2.86% due 06/20/514	6,863,125		5,747,443
CF Hippolyta Issuer LLC
2021-1A, 1.98% due 03/15/614	5,748,930		4,875,819
CARS-DB4, LP
2020-1A, 3.19% due 02/15/504	3,949,167		3,779,803
2020-1A, 3.25% due 02/15/504	888,399		773,579
CMFT Net Lease Master Issuer LLC
2021-1, 2.91% due 07/20/514	3,000,000		2,417,867
2021-1, 2.51% due 07/20/514	2,500,000		2,038,913
New Economy Assets Phase 1 Sponsor LLC
2021-1, 1.91% due 10/20/614	2,500,000		2,187,723
Capital Automotive REIT
2020-1A, 3.48% due 02/15/504	1,974,583		1,797,717
Total Net Lease			68,404,533
Whole Business -  1.3%
Taco Bell Funding LLC
2021-1A, 1.95% due 08/25/514	18,421,875		16,509,776
SERVPRO Master Issuer LLC
2021-1A, 2.39% due 04/25/514	11,797,500		10,134,052
2019-1A, 3.88% due 10/25/494	6,000,000		5,635,902
ServiceMaster Funding LLC
2020-1, 2.84% due 01/30/514	8,768,629		7,652,488
Wingstop Funding LLC
2020-1A, 2.84% due 12/05/504	7,742,100		6,962,308
Arbys Funding LLC
2020-1A, 3.24% due 07/30/504	7,014,375		6,399,453
Domino's Pizza Master Issuer LLC
2019-1A, 3.67% due 10/25/494	1,684,375		1,536,718
Total Whole Business			54,830,697
Transport-Aircraft -  1.0%
AASET Trust
2021-1A, 2.95% due 11/16/414	12,898,035		11,556,640
2017-1A, 3.97% due 05/16/424	376,612		344,452
AASET US Ltd.
2018-2A, 4.45% due 11/18/384	7,082,451		6,201,618
Sapphire Aviation Finance II Ltd.
2020-1A, 3.23% due 03/15/404	5,489,416		4,683,076
KDAC Aviation Finance Ltd.
2017-1A, 4.21% due 12/15/424	5,199,693		4,368,309
Sapphire Aviation Finance I Ltd.
2018-1A, 4.25% due 03/15/404	4,148,412		3,693,372
MAPS Ltd.
2018-1A, 4.21% due 05/15/434	3,991,104		3,577,905

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 30.0% (continued)
Transport-Aircraft -  1.0% (continued)
Castlelake Aircraft Structured Trust
2021-1A, 3.47% due 01/15/464	3,598,938	$	3,303,357
Castlelake Aircraft Securitization Trust
2018-1, 4.13% due 06/15/434	3,464,995		3,158,884
Falcon Aerospace Ltd.
2019-1, 3.60% due 09/15/394	1,654,233		1,510,096
2017-1, 4.58% due 02/15/424	507,061		473,993
Raspro Trust
2005-1A, 6.18% (3 Month Term SOFR + 1.19%, Rate Floor: 0.93%) due 03/23/24◊,4	1,969,886		1,961,179
Total Transport-Aircraft			44,832,881
Collateralized Debt Obligations -  0.5%
Anchorage Credit Funding 4 Ltd.
2021-4A AR, 2.72% due 04/27/394	24,650,000		21,482,470
Single Family Residence -  0.4%
FirstKey Homes Trust
2020-SFR2, 4.00% due 10/19/374	5,050,000		4,714,892
2020-SFR2, 4.50% due 10/19/374	4,900,000		4,588,542
2021-SFR1, 2.19% due 08/17/384	4,000,000		3,602,447
2020-SFR2, 3.37% due 10/19/374	3,200,000		2,966,115
Total Single Family Residence			15,871,996
Infrastructure -  0.3%
VB-S1 Issuer LLC - VBTEL
2022-1A, 4.29% due 02/15/524	9,250,000		8,335,374
SBA Tower Trust
2.84% due 01/15/254	3,550,000		3,428,125
Aligned Data Centers Issuer LLC
2021-1A, 1.94% due 08/15/464	2,950,000		2,643,881
Total Infrastructure			14,407,380
Total Asset-Backed Securities
(Cost $1,329,331,738)			1,275,729,614
CORPORATE BONDS†† - 23.3%
Financial -  13.4%
Athene Global Funding
6.07% (SOFR Compounded Index + 0.72%) due 01/07/25◊,4	30,000,000	$	29,744,465
1.99% due 08/19/284	15,850,000		13,681,059
1.73% due 10/02/264	14,700,000		13,277,868
F&G Global Funding
0.90% due 09/20/244	42,100,000		40,523,915
1.75% due 06/30/264	14,250,000		12,893,316
Societe Generale S.A.
1.79% due 06/09/271,4	28,000,000		25,485,389
1.49% due 12/14/261,4	10,500,000		9,664,052
3.88% due 03/28/244	350,000		348,321
Macquarie Group Ltd.
1.63% due 09/23/271,4	16,750,000		15,070,330
1.20% due 10/14/251,4	13,550,000		13,073,573
Equitable Financial Life Global Funding
1.40% due 07/07/254	15,000,000		14,139,542
1.80% due 03/08/284	12,000,000		10,511,015
Cooperatieve Rabobank UA
1.34% due 06/24/261,4	15,000,000		14,139,125
1.98% due 12/15/271,4	10,000,000		9,120,428
GA Global Funding Trust
2.25% due 01/06/274	15,000,000		13,616,029
1.63% due 01/15/264	7,300,000		6,718,185
Pershing Square Holdings Ltd.
3.25% due 10/01/314	25,600,000		20,118,784
BNP Paribas S.A.
1.32% due 01/13/271,4	21,350,000		19,687,219
2.22% due 06/09/261,4	400,000		381,818
Reliance Standard Life Global Funding II
2.75% due 05/07/254	20,850,000		20,034,729
Citizens Bank North America/Providence RI
2.25% due 04/28/25	20,000,000		19,117,830
Credit Agricole S.A.
1.25% due 01/26/271,4	17,950,000		16,526,021
1.91% due 06/16/261,4	400,000		379,432
Jackson National Life Global Funding
1.75% due 01/12/254	15,000,000		14,379,790
Ares Finance Company LLC
4.00% due 10/08/244	14,617,000		14,305,072
FS KKR Capital Corp.
4.25% due 02/14/254	7,600,000		7,398,998
2.63% due 01/15/27	7,400,000		6,642,142
JPMorgan Chase & Co.
1.47% due 09/22/271	15,000,000		13,590,165
Rocket Mortgage LLC / Rocket Mortgage Company-Issuer, Inc.
2.88% due 10/15/264	10,800,000		9,963,000
3.88% due 03/01/314	4,100,000		3,605,934
ABN AMRO Bank N.V.
1.54% due 06/16/271,4	14,000,000		12,702,892

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 23.3% (continued)
Financial -  13.4% (continued)
American Equity Investment Life Holding Co.
5.00% due 06/15/27	13,075,000	$	12,556,126
Fidelity & Guaranty Life Holdings, Inc.
5.50% due 05/01/254	11,450,000		11,308,323
Iron Mountain, Inc.
4.88% due 09/15/274	7,360,000		7,181,967
5.00% due 07/15/284	3,085,000		2,964,035
CBS Studio Center
8.34% (30 Day Average SOFR + 3.00%, Rate Floor: 3.00%) due 01/09/24◊,†††	10,000,000		10,000,000
ING Groep N.V.
1.73% due 04/01/271	9,800,000		9,065,901
BPCE S.A.
1.65% due 10/06/261,4	9,500,000		8,841,234
Apollo Management Holdings, LP
4.40% due 05/27/264	7,115,000		6,970,117
4.00% due 05/30/244	1,846,000		1,831,433
Corebridge Global Funding
5.75% due 07/02/264	7,250,000		7,342,085
First American Financial Corp.
4.00% due 05/15/30	7,860,000		7,069,031
OneMain Finance Corp.
3.50% due 01/15/27	7,050,000		6,524,382
7.13% due 03/15/26	50,000		50,939
LPL Holdings, Inc.
4.00% due 03/15/294	4,450,000		4,118,104
4.63% due 11/15/274	2,000,000		1,931,666
SBA Communications Corp.
3.13% due 02/01/29	6,500,000		5,840,229
Belrose Funding Trust
2.33% due 08/15/304	7,100,000		5,670,497
SLM Corp.
3.13% due 11/02/26	5,786,000		5,395,069
Brighthouse Financial Global Funding
6.11% (SOFR + 0.76%) due 04/12/24◊,4	5,050,000		5,039,645
Horace Mann Educators Corp.
4.50% due 12/01/25	4,420,000		4,331,901
Deloitte LLP
3.46% due 05/07/27†††	4,500,000		4,207,905
Jefferies Finance LLC / JFIN Company-Issuer Corp.
5.00% due 08/15/284	4,300,000		3,848,841
Peachtree Corners Funding Trust
3.98% due 02/15/254	3,450,000		3,392,602
Hunt Companies, Inc.
5.25% due 04/15/294	3,250,000		2,899,041
United Wholesale Mortgage LLC
5.50% due 11/15/254	1,940,000		1,927,736
5.50% due 04/15/294	275,000		260,345
Brookfield Finance, Inc.
3.90% due 01/25/28	1,400,000		1,348,335
CNO Financial Group, Inc.
5.25% due 05/30/25	1,200,000		1,191,623
Trinity Acquisition plc
4.40% due 03/15/26	881,000		869,615
Old Republic International Corp.
3.88% due 08/26/26	700,000		672,649
Equinix, Inc.
1.55% due 03/15/28	700,000		614,039
Assurant, Inc.
4.90% due 03/27/28	350,000		346,063
Morgan Stanley
3.77% due 01/24/291	361,000		344,279
Total Financial			566,796,195
Consumer, Non-cyclical -  3.0%
Global Payments, Inc.
2.90% due 05/15/30	31,000,000		27,267,005
Triton Container International Ltd.
1.15% due 06/07/244	26,000,000		25,369,032
2.05% due 04/15/264	1,800,000		1,646,161
GXO Logistics, Inc.
1.65% due 07/15/26	15,000,000		13,520,812
CoStar Group, Inc.
2.80% due 07/15/304	15,280,000		12,987,068
Element Fleet Management Corp.
1.60% due 04/06/244	10,250,000		10,119,347
PRA Health Sciences, Inc.
2.88% due 07/15/264	10,280,000		9,606,011
Block, Inc.
2.75% due 06/01/26	7,600,000		7,167,026
BAT Capital Corp.
4.70% due 04/02/27	4,220,000		4,176,992
3.56% due 08/15/27	527,000		502,924
Royalty Pharma plc
1.75% due 09/02/27	5,150,000		4,618,159
JBS USA LUX S.A. / JBS USA Food Company / JBS USA Finance, Inc.
5.13% due 02/01/28	4,306,000		4,282,107
Molina Healthcare, Inc.
4.38% due 06/15/284	1,115,000		1,054,544
Avantor Funding, Inc.
4.63% due 07/15/284	1,050,000		1,014,805
Catalent Pharma Solutions, Inc.
3.13% due 02/15/294	1,050,000		918,876
IQVIA, Inc.
5.00% due 05/15/274	850,000		834,228
Tenet Healthcare Corp.
4.88% due 01/01/26	550,000		543,803
Smithfield Foods, Inc.
4.25% due 02/01/274	350,000		335,123

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 23.3% (continued)
Consumer, Non-cyclical -  3.0% (continued)
Performance Food Group, Inc.
5.50% due 10/15/274	100,000	$	98,532
Total Consumer, Non-cyclical			126,062,555
Industrial -  2.4%
Berry Global, Inc.
1.57% due 01/15/26	11,750,000		10,915,696
4.88% due 07/15/264	5,165,000		5,075,672
Sealed Air Corp.
1.57% due 10/15/264	16,450,000		14,812,049
TD SYNNEX Corp.
1.25% due 08/09/24	14,400,000		14,033,373
Silgan Holdings, Inc.
1.40% due 04/01/264	12,600,000		11,504,182
Vontier Corp.
1.80% due 04/01/26	7,050,000		6,483,900
2.40% due 04/01/28	3,900,000		3,416,244
Graphic Packaging International LLC
1.51% due 04/15/264	6,500,000		5,898,418
Penske Truck Leasing Company LP / PTL Finance Corp.
4.45% due 01/29/264	5,475,000		5,349,603
4.20% due 04/01/274	500,000		483,161
Level 3 Financing, Inc.
3.63% due 01/15/29	5,070,000		2,585,700
4.25% due 07/01/28	2,277,000		1,320,660
3.75% due 07/15/29	2,150,000		1,075,000
11.00% due 11/15/29†††	1,413,008		1
Stericycle, Inc.
5.38% due 07/15/244	3,925,000		3,905,375
IP Lending V Ltd.
5.13% due 04/02/26†††,4	3,900,000		3,776,565
Jabil, Inc.
1.70% due 04/15/26	3,800,000		3,519,329
GATX Corp.
3.85% due 03/30/27	2,900,000		2,778,488
3.50% due 03/15/28	200,000		188,264
Standard Industries, Inc.
4.75% due 01/15/284	2,671,000		2,571,357
Weir Group plc
2.20% due 05/13/264	2,610,000		2,426,458
Brundage-Bone Concrete Pumping Holdings, Inc.
6.00% due 02/01/264	800,000		799,608
Amsted Industries, Inc.
4.63% due 05/15/304	350,000		320,327
5.63% due 07/01/274	100,000		99,642
Summit Materials LLC / Summit Materials Finance Corp.
5.25% due 01/15/294	275,000		266,063
6.50% due 03/15/274	75,000		74,903
Enviri Corp.
5.75% due 07/31/274	125,000		116,506
Total Industrial			103,796,544
Technology -  1.4%
CDW LLC / CDW Finance Corp.
2.67% due 12/01/26	22,350,000		20,913,342
3.25% due 02/15/29	810,000		740,660
Infor, Inc.
1.75% due 07/15/254	13,800,000		13,009,795
Qorvo, Inc.
1.75% due 12/15/24	10,600,000		10,170,204
3.38% due 04/01/314	1,200,000		1,026,680
4.38% due 10/15/29	963,000		913,646
NetApp, Inc.
2.38% due 06/22/27	11,000,000		10,212,857
NCR Voyix Corp.
5.13% due 04/15/294	2,183,000		2,075,163
Twilio, Inc.
3.63% due 03/15/29	994,000		906,813
MSCI, Inc.
3.88% due 02/15/314	379,000		346,285
Total Technology			60,315,445
Consumer, Cyclical -  1.3%
Alt-2 Structured Trust
2.95% due 05/14/31†††	9,710,553		8,775,330
Warnermedia Holdings, Inc.
6.41% due 03/15/26	8,050,000		8,055,471
Delta Air Lines, Inc. / SkyMiles IP Ltd.
4.50% due 10/20/254	6,668,000		6,566,684
Choice Hotels International, Inc.
3.70% due 01/15/31	7,350,000		6,336,070
Hyatt Hotels Corp.
5.75% due 04/23/30	4,320,000		4,463,547
Delta Air Lines, Inc.
7.00% due 05/01/254	4,300,000		4,374,872
American Airlines Class AA Pass Through Trust
3.35% due 10/15/29	2,458,147		2,217,713
3.00% due 10/15/28	1,512,532		1,364,234
Newell Brands, Inc.
6.38% due 09/15/27	1,548,000		1,536,919
5.20% due 04/01/26	1,552,000		1,530,599
Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd.
6.50% due 06/20/274	2,345,000		2,351,657
Suburban Propane Partners Limited Partnership/Suburban Energy Finance Corp.
5.88% due 03/01/27	2,300,000		2,288,434
Air Canada
3.88% due 08/15/264	2,350,000		2,245,166

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 23.3% (continued)
Consumer, Cyclical -  1.3% (continued)
1011778 BC ULC / New Red Finance, Inc.
5.75% due 04/15/254	700,000	$	697,716
Caesars Entertainment, Inc.
6.25% due 07/01/254	650,000		651,767
Tempur Sealy International, Inc.
4.00% due 04/15/294	375,000		338,697
Total Consumer, Cyclical			53,794,876
Basic Materials -  0.9%
Anglo American Capital plc
2.25% due 03/17/284	14,000,000		12,475,331
4.00% due 09/11/274	750,000		720,402
5.38% due 04/01/254	600,000		596,959
Kaiser Aluminum Corp.
4.63% due 03/01/284	9,643,000		8,918,135
Valvoline, Inc.
3.63% due 06/15/314	7,434,000		6,344,250
4.25% due 02/15/304	125,000		123,995
International Flavors & Fragrances, Inc.
1.23% due 10/01/254	4,130,000		3,822,891
Alcoa Nederland Holding BV
5.50% due 12/15/274	3,675,000		3,581,762
Carpenter Technology Corp.
6.38% due 07/15/28	1,145,000		1,140,704
Minerals Technologies, Inc.
5.00% due 07/01/284	140,000		134,637
Total Basic Materials			37,859,066
Energy -  0.4%
BP Capital Markets plc
4.88% 1,8	7,500,000		7,123,481
Occidental Petroleum Corp.
5.50% due 12/01/25	5,000,000		4,998,981
Venture Global LNG, Inc.
9.50% due 02/01/294	4,600,000		4,867,568
Gulfstream Natural Gas System LLC
4.60% due 09/15/254	400,000		392,536
Sabine Pass Liquefaction LLC
5.00% due 03/15/27	300,000		301,295
Parkland Corp.
5.88% due 07/15/274	80,000		79,677
Total Energy			17,763,538
Utilities -  0.4%
Terraform Global Operating, LP
6.13% due 03/01/264	6,170,000		6,069,737
CenterPoint Energy, Inc.
6.00% (SOFR Compounded Index + 0.65%) due 05/13/24◊	5,202,000		5,202,052
AES Corp.
3.30% due 07/15/254	4,250,000		4,093,254
Total Utilities			15,365,043
Communications -  0.1%
Charter Communications Operating LLC / Charter Communications Operating Capital
2.80% due 04/01/31	3,250,000		2,741,252
Cogent Communications Group, Inc.
3.50% due 05/01/264	2,680,000		2,565,738
TripAdvisor, Inc.
7.00% due 07/15/254	400,000		400,952
CSC Holdings LLC
4.13% due 12/01/304	250,000		190,188
AMC Networks, Inc.
4.25% due 02/15/29	225,000		171,688
Match Group Holdings II LLC
4.63% due 06/01/284	75,000		71,813
Sirius XM Radio, Inc.
3.88% due 09/01/314	75,000		64,161
Total Communications			6,205,792
Total Corporate Bonds
(Cost $1,063,655,141)			987,959,054
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 20.3%
Residential Mortgage-Backed Securities -  11.6%
CSMC Trust
2021-RPL1, 1.67% (WAC) due 09/27/60◊,4	26,699,649		25,917,881
2021-RPL7, 1.93% (WAC) due 07/27/61◊,4	11,990,425		11,467,684
2020-RPL5, 3.02% (WAC) due 08/25/60◊,4	11,041,148		11,174,362
2021-RPL4, 1.80% (WAC) due 12/27/60◊,4	7,502,369		7,291,841
2018-RPL9, 3.85% (WAC) due 09/25/57◊,4	4,431,413		4,291,286
2020-NQM1, 1.41% due 05/25/654,9	1,858,585		1,690,422
PRPM LLC
2021-5, 1.79% due 06/25/264,9	20,084,307		19,563,103
2022-1, 3.72% due 02/25/274,9	18,317,332		17,662,601
2021-8, 1.74% (WAC) due 09/25/26◊,4	9,115,847		8,779,264
2023-1, 6.88% (WAC) due 02/25/28◊,4	4,148,676		4,189,619
2021-RPL2, 2.49% (WAC) due 10/25/51◊,4	2,500,000		2,017,521
Legacy Mortgage Asset Trust
2021-GS3, 1.75% due 07/25/614,9	20,306,083		19,528,522
2021-GS4, 1.65% due 11/25/604,9	17,304,968		16,458,045

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 20.3% (continued)
Residential Mortgage-Backed Securities -  11.6% (continued)
2021-GS2, 1.75% due 04/25/614,9	7,436,734	$	7,179,473
2021-GS5, 2.25% due 07/25/674,9	4,748,934		4,584,771
BRAVO Residential Funding Trust
2021-C, 1.62% due 03/01/614,9	20,740,043		19,308,986
2022-R1, 3.13% due 01/29/704,9	17,511,258		16,355,848
2021-HE2, 6.19% (30 Day Average SOFR + 0.85%, Rate Floor: 0.00%) due 11/25/69◊,4	1,950,553		1,926,355
2021-HE2, 6.39% (30 Day Average SOFR + 1.05%, Rate Floor: 0.00%) due 11/25/69◊,4	1,791,141		1,772,045
2021-HE1, 6.29% (30 Day Average SOFR + 0.95%, Rate Floor: 0.00%) due 01/25/70◊,4	1,596,680		1,585,113
2021-HE1, 6.19% (30 Day Average SOFR + 0.85%, Rate Floor: 0.00%) due 01/25/70◊,4	1,198,865		1,192,080
NYMT Loan Trust
2021-SP1, 1.67% due 08/25/614,9	33,454,447		31,661,111
2022-SP1, 5.25% due 07/25/624,9	9,364,428		9,088,476
OSAT Trust
2021-RPL1, 2.12% due 05/25/654,9	39,728,660		38,646,415
Verus Securitization Trust
2021-4, 1.35% (WAC) due 07/25/66◊,4	6,154,447		4,854,432
2021-5, 1.37% (WAC) due 09/25/66◊,4	5,787,999		4,753,844
2020-5, 1.58% due 05/25/654,9	4,269,908		3,960,209
2021-3, 1.44% (WAC) due 06/25/66◊,4	3,494,035		2,897,658
2021-6, 1.89% (WAC) due 10/25/66◊,4	2,773,340		2,264,856
2019-4, 3.64% due 11/25/594	1,311,086		1,269,949
2020-1, 2.42% due 01/25/604,9	698,377		666,679
Towd Point Revolving Trust
4.83% due 09/25/647	18,500,000		18,268,750
LSTAR Securities Investment Ltd.
2023-1, 8.83% (SOFR + 3.50%, Rate Floor: 0.00%) due 01/01/28◊,4	10,426,086		10,381,553
2021-1, 8.26% (1 Month Term SOFR + 2.91%, Rate Floor: 1.80%) due 02/01/26◊,7	6,663,201		6,533,029
Towd Point Mortgage Trust
2017-6, 2.75% (WAC) due 10/25/57◊,4	6,326,208		6,054,282
2018-2, 3.25% (WAC) due 03/25/58◊,4	3,242,841		3,141,351
2017-5, 6.07% (1 Month Term SOFR + 0.71%, Rate Floor: 0.00%) due 02/25/57◊,4	1,630,868		1,647,088
2023-CES1, 6.75% (WAC) due 07/25/63◊,4	1,378,023		1,399,869
2018-1, 3.00% (WAC) due 01/25/58◊,4	389,820		375,836
Citigroup Mortgage Loan Trust
2022-A, 6.17% due 09/25/624,9	11,517,232		11,559,421
Imperial Fund Mortgage Trust
2022-NQM2, 4.02% (WAC) due 03/25/67◊,4	11,811,491		10,726,344
Structured Asset Securities Corporation Mortgage Loan Trust
2008-BC4, 6.10% (1 Month Term SOFR + 0.74%, Rate Floor: 0.63%) due 11/25/37◊	10,371,512		9,863,668
2006-BC4, 5.81% (1 Month Term SOFR + 0.45%, Rate Floor: 0.34%) due 12/25/36◊	477,759		457,204
Home Equity Loan Trust
2007-FRE1, 5.66% (1 Month Term SOFR + 0.30%, Rate Floor: 0.19%) due 04/25/37◊	10,015,007		9,350,570
Soundview Home Loan Trust
2006-OPT5, 5.75% (1 Month Term SOFR + 0.39%, Rate Floor: 0.28%) due 07/25/36◊	7,636,763		7,208,665
2005-OPT3, 6.18% (1 Month Term SOFR + 0.82%, Rate Floor: 0.71%) due 11/25/35◊	1,024,558		1,001,778
New Residential Mortgage Loan Trust
2018-2A, 3.50% (WAC) due 02/25/58◊,4	5,162,454		4,808,452
2018-1A, 4.00% (WAC) due 12/25/57◊,4	1,638,018		1,556,435
2019-6A, 3.50% (WAC) due 09/25/59◊,4	1,292,200		1,207,834

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 20.3% (continued)
Residential Mortgage-Backed Securities -  11.6% (continued)
2017-5A, 6.97% (1 Month Term SOFR + 1.61%, Rate Floor: 1.50%) due 06/25/57◊,4	473,553	$	470,205
CSMC
2021-NQM8, 2.41% (WAC) due 10/25/66◊,4	7,756,696		6,360,437
NovaStar Mortgage Funding Trust Series
2007-2, 5.67% (1 Month Term SOFR + 0.31%, Rate Cap/Floor: 11.00%/0.20%) due 09/25/37◊	5,756,968		5,547,672
Alternative Loan Trust
2007-OA7, 5.75% (1 Month Term SOFR + 0.39%, Rate Floor: 0.28%) due 05/25/47◊	4,203,328		3,546,482
2007-OH3, 6.05% (1 Month Term SOFR + 0.69%, Rate Cap/Floor: 10.00%/0.58%) due 09/25/47◊	2,078,298		1,821,678
Cascade Funding Mortgage Trust
2018-RM2, 4.00% (WAC) due 10/25/68◊,7	4,316,511		4,316,699
2019-RM3, 2.80% (WAC) due 06/25/69◊,7	645,458		629,049
Morgan Stanley ABS Capital I Incorporated Trust
2007-HE3, 5.72% (1 Month Term SOFR + 0.36%, Rate Floor: 0.25%) due 12/25/36◊	4,518,570		2,259,014
2007-HE3, 5.62% (1 Month Term SOFR + 0.26%, Rate Floor: 0.15%) due 12/25/36◊	3,237,103		1,618,172
2007-HE5, 5.65% (1 Month Term SOFR + 0.29%, Rate Floor: 0.18%) due 03/25/37◊	1,568,415		659,103
2006-NC1, 6.04% (1 Month Term SOFR + 0.68%, Rate Floor: 0.57%) due 12/25/35◊	260,719		256,911
American Home Mortgage Investment Trust
2006-3, 5.83% (1 Month Term SOFR + 0.47%, Rate Cap/Floor: 10.50%/0.36%) due 12/25/46◊	5,275,568		4,223,312
Credit Suisse Mortgage Capital Certificates
2021-RPL9, 2.44% (WAC) due 02/25/61◊,4	4,033,100		3,869,552
SPS Servicer Advance Receivables Trust
2020-T2, 1.83% due 11/15/554	3,750,000		3,469,828
Banc of America Funding Trust
2015-R2, 5.73% (1 Month Term SOFR + 0.37%, Rate Floor: 0.26%) due 04/29/37◊,4	3,059,004		3,014,479
HarborView Mortgage Loan Trust
2006-14, 5.77% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 01/25/47◊	1,843,752		1,636,167
2006-12, 5.85% (1 Month Term SOFR + 0.49%, Rate Floor: 0.38%) due 01/19/38◊	1,532,965		1,335,738
Securitized Asset Backed Receivables LLC Trust
2007-HE1, 5.69% (1 Month Term SOFR + 0.33%, Rate Floor: 0.22%) due 12/25/36◊	12,918,740		2,859,552
Bear Stearns Asset-Backed Securities I Trust
2006-HE9, 5.75% (1 Month Term SOFR + 0.39%, Rate Floor: 0.28%) due 11/25/36◊	2,773,940		2,704,113
Ellington Financial Mortgage Trust
2021-2, 1.29% (WAC) due 06/25/66◊,4	2,022,462		1,604,495
2020-2, 1.64% (WAC) due 10/25/65◊,4	901,209		805,394
IXIS Real Estate Capital Trust
2006-HE1, 6.07% (1 Month Term SOFR + 0.71%, Rate Floor: 0.60%) due 03/25/36◊	4,703,560		2,408,530
Asset-Backed Securities Corporation Home Equity Loan Trust Series AEG
2006-HE1, 6.07% (1 Month Term SOFR + 0.71%, Rate Floor: 0.60%) due 01/25/36◊	2,498,431		2,378,951
OBX Trust
2022-NQM9, 6.45% due 09/25/624,9	2,119,901		2,141,845

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 20.3% (continued)
Residential Mortgage-Backed Securities -  11.6% (continued)
Argent Securities Incorporated Asset-Backed Pass-Through Certificates Series
2005-W2, 6.21% (1 Month Term SOFR + 0.85%, Rate Floor: 0.74%) due 10/25/35◊	2,113,405	$	2,055,049
Angel Oak Mortgage Trust
2021-6, 1.71% (WAC) due 09/25/66◊,4	2,558,334		2,039,682
First NLC Trust
2005-4, 6.25% (1 Month Term SOFR + 0.89%, Rate Cap/Floor: 14.00%/0.78%) due 02/25/36◊	2,079,956		2,008,078
CFMT LLC
2022-HB9, 3.25% (WAC) due 09/25/37◊,7	2,035,815		1,874,223
GS Mortgage-Backed Securities Trust
2020-NQM1, 1.38% (WAC) due 09/27/60◊,4	2,032,005		1,849,704
Citigroup Mortgage Loan Trust, Inc.
2006-WF1, 4.96% due 03/25/36	3,477,982		1,732,784
SG Residential Mortgage Trust
2022-1, 3.68% (WAC) due 03/27/62◊,4	1,811,887		1,601,683
Structured Asset Investment Loan Trust
2006-3, 5.77% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 06/25/36◊	1,358,698		1,256,203
2005-2, 6.21% (1 Month Term SOFR + 0.85%, Rate Floor: 0.74%) due 03/25/35◊	14,973		14,932
Morgan Stanley IXIS Real Estate Capital Trust
2006-2, 5.62% (1 Month Term SOFR + 0.26%, Rate Floor: 0.15%) due 11/25/36◊	3,788,270		1,243,108
GSAA Home Equity Trust
2006-3, 6.07% (1 Month Term SOFR + 0.71%, Rate Floor: 0.60%) due 03/25/36◊	2,241,504		1,187,602
Credit-Based Asset Servicing and Securitization LLC
2006-CB2, 5.85% (1 Month Term SOFR + 0.49%, Rate Floor: 0.38%) due 12/25/36◊	1,254,426		1,165,742
Lehman XS Trust Series
2006-16N, 5.85% (1 Month Term SOFR + 0.49%, Rate Floor: 0.38%) due 11/25/46◊	1,207,371		1,034,198
COLT Mortgage Loan Trust
2021-2, 2.38% (WAC) due 08/25/66◊,4	1,500,000		908,967
Morgan Stanley Home Equity Loan Trust
2006-2, 6.03% (1 Month Term SOFR + 0.67%, Rate Floor: 0.56%) due 02/25/36◊	899,757		887,746
ACE Securities Corporation Home Equity Loan Trust Series
2005-HE2, 6.49% (1 Month Term SOFR + 1.13%, Rate Floor: 1.02%) due 04/25/35◊	838,747		803,592
MFRA Trust
2021-INV1, 1.26% (WAC) due 01/25/56◊,4	750,504		687,202
Residential Mortgage Loan Trust
2020-1, 2.38% (WAC) due 01/26/60◊,4	706,957		673,551
Long Beach Mortgage Loan Trust
2006-8, 5.79% (1 Month Term SOFR + 0.43%, Rate Floor: 0.32%) due 09/25/36◊	2,321,294		630,816
Morgan Stanley Capital I Incorporated Trust
2006-HE1, 6.05% (1 Month Term SOFR + 0.69%, Rate Floor: 0.58%) due 01/25/36◊	639,406		610,825
Nationstar Home Equity Loan Trust
2007-B, 5.69% (1 Month Term SOFR + 0.33%, Rate Floor: 0.22%) due 04/25/37◊	602,308		595,994

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 20.3% (continued)
Residential Mortgage-Backed Securities -  11.6% (continued)
Nomura Resecuritization Trust
2015-4R, 3.00% (1 Month Term SOFR + 0.54%, Rate Floor: 0.43%) due 03/26/36◊	344,788	$	323,645
First Franklin Mortgage Loan Trust
2004-FF10, 6.75% (1 Month Term SOFR + 1.39%, Rate Floor: 1.28%) due 07/25/34◊	309,664		300,978
Starwood Mortgage Residential Trust
2020-1, 2.28% (WAC) due 02/25/50◊,4	284,227		263,420
UCFC Manufactured Housing Contract
1997-2, 7.38% due 10/15/28	44,617		44,213
Morgan Stanley Re-REMIC Trust
2010-R5, 0.00% due 06/26/36	43,435		38,426
CSMC Series
2014-2R, 2.14% (1 Month Term SOFR + 0.31%, Rate Floor: 0.20%) due 02/27/46◊,4	7,771		7,738
Total Residential Mortgage-Backed Securities			495,320,059
Government Agency -  6.7%
Freddie Mac
5.00% due 06/01/38	40,244,289		40,471,699
5.50% due 02/01/53	38,655,970		39,043,406
5.00% due 05/01/38	32,217,993		32,400,048
5.00% due 06/01/53	20,010,021		19,869,176
5.00% due 02/01/53	17,908,687		17,798,994
3.00% due 06/01/52	9,508,321		8,465,740
5.00% due 09/01/52	7,590,033		7,518,693
3.00% due 07/01/52	6,165,507		5,484,088
3.00% due 08/01/52	1,978,076		1,761,496
Fannie Mae
5.00% due 06/01/38	29,531,195		29,698,068
3.00% due 06/01/52	14,935,577		13,297,812
5.00% due 05/01/38	13,118,154		13,192,281
6.50% due 04/25/49	9,696,401		10,040,338
5.00% due 08/01/53	7,881,434		7,799,174
5.00% due 09/01/52	2,893,018		2,865,826
5.00% due 06/01/53	2,636,693		2,609,513
3.00% due 03/01/52	1,935,382		1,722,071
Ginnie Mae
6.00% due 09/20/45	20,682,414		21,323,494
6.00% due 06/20/47	3,062,287		3,132,490
Freddie Mac Seasoned Credit Risk Transfer Trust
2.00% due 05/25/60	3,198,095		2,529,977
2.00% due 11/25/59	1,829,329		1,447,506
Fannie Mae-Aces
1.49% (WAC) due 03/25/35◊,5	6,016,781		588,656
Total Government Agency			283,060,546
Commercial Mortgage-Backed Securities -  2.0%
BX Commercial Mortgage Trust
2021-VOLT, 7.13% (1 Month Term SOFR + 1.76%, Rate Floor: 1.65%) due 09/15/36◊,4	25,000,000		24,026,980
2022-LP2, 6.92% (1 Month Term SOFR + 1.56%, Rate Floor: 1.56%) due 02/15/39◊,4	13,204,132		12,823,081
JP Morgan Chase Commercial Mortgage Securities Trust
2021-NYAH, 7.02% (1 Month Term SOFR + 1.65%, Rate Floor: 1.54%) due 06/15/38◊,4	10,200,000		8,739,540
2016-JP2, 1.79% (WAC) due 08/15/49◊,5	30,261,840		1,001,721
BXHPP Trust
2021-FILM, 6.58% (1 Month Term SOFR + 1.21%, Rate Floor: 1.10%) due 08/15/36◊,4	8,250,000		7,394,405
MHP
2022-MHIL, 6.63% (1 Month Term SOFR + 1.26%, Rate Floor: 1.26%) due 01/15/27◊,4	7,292,911		7,114,449
Life Mortgage Trust
2021-BMR, 6.88% (1 Month Term SOFR + 1.51%, Rate Floor: 1.40%) due 03/15/38◊,4	6,880,791		6,621,322
Extended Stay America Trust
2021-ESH, 7.18% (1 Month Term SOFR + 1.81%, Rate Floor: 1.70%) due 07/15/38◊,4	3,733,760		3,672,794
Wells Fargo Commercial Mortgage Trust
2017-C38, 0.93% (WAC) due 07/15/50◊,5	21,994,472		535,150
2016-C37, 0.78% (WAC) due 12/15/49◊,5	24,021,955		413,579
2017-C42, 0.86% (WAC) due 12/15/50◊,5	14,255,645		393,815
2017-RB1, 1.20% (WAC) due 03/15/50◊,5	7,917,345		234,715
2015-LC22, 0.74% (WAC) due 09/15/58◊,5	18,062,196		177,423

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 20.3% (continued)
Commercial Mortgage-Backed Securities -  2.0% (continued)
2016-NXS5, 1.40% (WAC) due 01/15/59◊,5	4,519,872	$	103,665
JPMDB Commercial Mortgage Securities Trust
2018-C8, 0.61% (WAC) due 06/15/51◊,5	30,424,251		569,192
2016-C4, 0.70% (WAC) due 12/15/49◊,5	33,009,194		532,824
2016-C2, 1.48% (WAC) due 06/15/49◊,5	6,206,608		156,925
2017-C5, 0.87% (WAC) due 03/15/50◊,5	3,005,245		60,124
BENCHMARK Mortgage Trust
2018-B2, 0.45% (WAC) due 02/15/51◊,5	92,066,852		1,201,270
DBJPM Mortgage Trust
2017-C6, 0.91% (WAC) due 06/10/50◊,5	50,449,561		1,126,569
Bank of America Merrill Lynch Commercial Mortgage Trust
2017-BNK3, 1.01% (WAC) due 02/15/50◊,5	28,931,068		714,363
2016-UB10, 1.73% (WAC) due 07/15/49◊,5	10,040,781		284,538
COMM Mortgage Trust
2018-COR3, 0.43% (WAC) due 05/10/51◊,5	35,056,142		549,119
2015-CR24, 0.69% (WAC) due 08/10/48◊,5	51,075,042		409,739
UBS Commercial Mortgage Trust
2017-C2, 1.07% (WAC) due 08/15/50◊,5	21,817,476		653,778
2017-C5, 1.07% (WAC) due 11/15/50◊,5	10,736,599		275,486
CSAIL Commercial Mortgage Trust
2019-C15, 1.03% (WAC) due 03/15/52◊,5	19,244,844		700,501
2016-C6, 1.86% (WAC) due 01/15/49◊,5	5,969,194		185,135
BBCMS Mortgage Trust
2018-C2, 0.75% (WAC) due 12/15/51◊,5	29,227,516		843,982
Morgan Stanley Bank of America Merrill Lynch Trust
2017-C34, 0.77% (WAC) due 11/15/52◊,5	22,939,723		492,699
2015-C27, 0.86% (WAC) due 12/15/47◊,5	28,154,269		276,892
CD Mortgage Trust
2017-CD6, 0.87% (WAC) due 11/13/50◊,5	12,592,471		296,374
2016-CD1, 1.36% (WAC) due 08/10/49◊,5	5,674,301		138,471
CGMS Commercial Mortgage Trust
2017-B1, 0.73% (WAC) due 08/15/50◊,5	19,635,608		425,064
CD Commercial Mortgage Trust
2017-CD4, 1.22% (WAC) due 05/10/50◊,5	13,391,030		410,262
GS Mortgage Securities Trust
2017-GS6, 1.01% (WAC) due 05/10/50◊,5	11,010,949		301,862
BANK
2017-BNK6, 0.77% (WAC) due 07/15/60◊,5	13,382,207		271,831
Citigroup Commercial Mortgage Trust
2016-C2, 1.66% (WAC) due 08/10/49◊,5	5,935,671		185,415
2016-GC37, 1.65% (WAC) due 04/10/49◊,5	2,796,942		75,003
JPMBB Commercial Mortgage Securities Trust
2013-C17, 0.33% (WAC) due 01/15/47◊,5	2,712,092		57
Total Commercial Mortgage-Backed Securities			84,390,114
Total Collateralized Mortgage Obligations
(Cost $898,927,566)			862,770,719
U.S. GOVERNMENT SECURITIES†† - 9.3%
U.S. Treasury Notes
4.75% due 07/31/25	200,000,000		200,906,250
4.63% due 06/30/25	100,000,000		100,238,281
U.S. Treasury Inflation Indexed Bonds
0.13% due 10/15/25	41,680,167		40,076,985
0.13% due 04/15/25	40,439,543		38,994,830
1.25% due 04/15/28	10,565,225		10,289,262
1.38% due 07/15/33	5,237,520		5,077,346
Total U.S. Government Securities
(Cost $393,101,083)			395,582,954
U.S. TREASURY BILLS†† - 4.9%
U.S. Treasury Bills
5.23% due 01/16/2410	164,235,000		163,899,209
5.27% due 01/09/2410	25,516,000		25,489,981
5.26% due 01/23/2410	17,310,000		17,256,803
Total U.S. Treasury Bills
(Cost $206,617,627)			206,645,993
FEDERAL AGENCY DISCOUNT NOTES†† - 4.7%
Federal Home Loan Bank
5.20% due 01/02/2410	200,000,000		199,970,600
Total Federal Agency Discount Notes
(Cost $199,971,111)			199,970,600

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 2.5%
Technology -  0.5%
RLDatix
9.94% (6 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 04/28/25†††		13,798,857	$	13,729,863
Dun & Bradstreet
8.36% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 01/18/29		8,449,500		8,461,836
Upland Software, Inc.
9.21% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 08/06/26		498,828		487,604
Emerald TopCo, Inc. (Press Ganey)
8.97% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 07/24/26		190,708		188,420
Total Technology				22,867,723
Basic Materials -  0.4%
INEOS Ltd.
6.59% (1 Month EURIBOR + 2.75%, Rate Floor: 2.75%) due 01/29/26	EUR	8,100,000		8,950,697
Trinseo Materials Operating S.C.A.
8.15% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 05/03/28		10,850,250		8,437,263
Total Basic Materials				17,387,960
Industrial -  0.3%
Mileage Plus Holdings LLC
10.77% (3 Month Term SOFR + 5.25%, Rate Floor: 5.25%) due 06/21/27		6,618,850		6,836,345
Harsco Corporation
7.72% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 03/10/28		3,900,000		3,887,325
Ravago Holdings America, Inc.
8.11% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 03/06/28		1,945,000		1,930,413
CPM Holdings, Inc.
9.84% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 09/22/28		1,490,600		1,494,327
Total Industrial				14,148,410
Consumer, Non-cyclical -  0.3%
Bombardier Recreational Products, Inc.
7.46% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 05/24/27		4,082,843		4,057,325
Women's Care Holdings, Inc.
10.05% (6 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 01/17/28		4,536,928		3,850,718
Sigma Holding BV (Flora Food)
7.41% (6 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 07/02/25	EUR	1,775,034		1,955,771
Hearthside Group Holdings LLC
9.65% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 05/23/25		2,035,714		1,627,838
DaVita, Inc.
7.22% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 08/12/26		684,240		683,508
Froneri US, Inc.
7.71% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 01/29/27		434,250		434,424
Outcomes Group Holdings, Inc.
8.90% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/24/25		379,722		379,532
EyeCare Partners LLC
9.39% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 02/18/27		485,000		234,687
Total Consumer, Non-cyclical				13,223,803
Consumer, Cyclical -  0.3%
Amaya Holdings BV
6.43% (3 Month EURIBOR + 2.50%, Rate Floor: 2.50%) due 07/21/26	EUR	4,500,000		4,967,044

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 2.5% (continued)
Consumer, Cyclical -  0.3% (continued)
Rent-A-Center, Inc.
9.12% (6 Month Term SOFR + 3.25%, Rate Floor: 3.75%) due 02/17/28	2,109,698	$	2,107,061
Pacific Bells LLC
10.11% (3 Month Term SOFR + 4.50%, Rate Floor: 5.00%) due 11/10/28	1,560,617		1,551,347
Entain Holdings (Gibraltar) Ltd.
7.95% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 03/29/27	1,462,500		1,464,592
Packers Holdings LLC
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 03/09/28	1,685,692		1,054,400
Cushman & Wakefield US Borrower LLC
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 01/31/30	723,515		716,280
8.22% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 08/21/25	70,924		70,747
New Trojan Parent, Inc.
8.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 01/06/28	2,681,250		695,221
Samsonite IP Holdings SARL
8.11% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 06/21/30	175,087		175,087
Total Consumer, Cyclical			12,801,779
Communications -  0.3%
Playtika Holding Corp.
8.22% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 03/13/28	10,335,000		10,313,503
Zayo Group Holdings, Inc.
8.47% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 03/09/27	1,500,000		1,284,030
Altice US Finance I Corp.
7.73% (1 Month USD LIBOR + 2.25%, Rate Floor: 2.25%) due 01/15/26	452,616		442,857
Ziggo Financing Partnership
7.98% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 04/28/28	400,000		398,428
Virgin Media Bristol LLC
7.98% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 01/31/28	200,000		198,972
Total Communications			12,637,790
Energy -  0.3%
ITT Holdings LLC
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/05/30	10,324,125		10,354,271
Venture Global Calcasieu Pass LLC
8.08% (1 Month Term SOFR + 2.73%, Rate Floor: 2.73%) due 08/19/26†††	444,419		443,308
Total Energy			10,797,579
Financial -  0.1%
Jane Street Group LLC
8.22% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 01/26/28	1,935,779		1,941,160
Total Senior Floating Rate Interests
(Cost $113,372,554)			105,806,204
MUNICIPAL BONDS†† - 0.1%
California -  0.1%
California Public Finance Authority Revenue Bonds
1.55% due 10/15/26	3,145,000		2,834,486
Total Municipal Bonds
(Cost $3,145,000)			2,834,486

		Notional Value
OTC OPTIONS PURCHASED†† - 0.0%
Call Options on:
Interest Rate Options
Morgan Stanley Capital Services LLC 10Y-2Y SOFR CMS CAP Expiring June 2024 with strike price of $0.10	USD	120,100,000		176,069
Barclays Bank plc 10Y-2Y SOFR CMS CAP Expiring June 2024 with strike price of $0.10	USD	119,000,000		174,457
Bank of America, N.A. 10Y-2Y SOFR CMS CAP Expiring June 2024 with strike price of $0.10	USD	59,950,000		87,888
Goldman Sachs International 10Y-2Y SOFR CMS CAP Expiring June 2024 with strike price of $0.10	USD	48,900,000		71,688
Total OTC Options Purchased
(Cost $1,570,470)				510,102
Total Investments - 104.8%
(Cost $4,622,645,052)			$	4,448,709,784
Other Assets & Liabilities, net - (4.8)%				(202,152,489	)
Total Net Assets - 100.0%			$	4,246,557,295

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

Futures Contracts      

Description	Number of Contracts		Expiration Date	Notional Amount		Value and Unrealized Appreciation**
Interest Rate Futures Contracts Purchased†
3-Month SOFR Futures Contracts		1,754	Jun 2025	$	423,459,450	$	3,204,823

Centrally Cleared Credit Default Swap Agreements Protection Purchased^††      

Counterparty	Exchange	Index	Protection Premium Rate			Payment Frequency	Maturity Date		Notional Amount		Value			Upfront Premiums Paid(Received)			Unrealized Depreciation**
BofA Securities, Inc.	ICE	ITRAXX.EUR.38.V1		1.00	%	Quarterly	12/20/27	EUR	$	24,500,000	$	(555,948	)	$	(179,727	)	$	(376,221	)
BofA Securities, Inc.	ICE	CDX.NA.HY.41.V2		5.00	%	Quarterly	12/20/28			29,205,000		(1,703,611	)		107,885			(1,811,496	)
											$	(2,259,559	)	$	(71,842	)	$	(2,187,717	)

Centrally Cleared Interest Rate Swap Agreements^††    

Counterparty	Exchange	Floating Rate Type	Floating Rate Index	Fixed Rate			Payment Frequency	Maturity Date	Notional Amount		Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)**
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.96	%	Annually	10/16/25	$	530,000,000	$	6,977,810		$	1,448		$	6,976,362
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		5.06	%	Annually	10/05/25		325,000,000		4,574,108			977			4,573,131
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.68	%	Annually	06/29/25		197,000,000		795,169			590			794,579
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		3.79	%	Annually	10/03/27		106,500,000		608,259			(31,215	)		639,474
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		3.40	%	Annually	04/04/28		52,000,000		(346,943	)		453			(347,396	)
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		4.36	%	Annually	10/16/30		168,000,000		(9,057,994	)		1,267			(9,059,261	)
											$	3,550,409		$	(26,480	)	$	3,576,889

Forward Foreign Currency Exchange Contracts^††    

Counterparty	Currency	Type	Quantity		Contract Amount	Settlement Date	Unrealized Depreciation
Barclays Bank plc	EUR	Sell		25,718,000	27,802,624 USD	01/17/24	$	(613,871	)

~	The face amount is denominated in U.S. dollars unless otherwise indicated.
*	Non-income producing security.
**	Includes cumulative appreciation (depreciation).
†	Value determined based on Level 1 inputs — See Note 3.
††	Value determined based on Level 2 inputs, unless otherwise noted — See Note 3.
†††	Value determined based on Level 3 inputs — See Note 3.
◊	Variable rate security. Rate indicated is the rate effective at December 31, 2023. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.
1	Security has a fixed rate coupon which will convert to a floating or variable rate coupon on a future date.
2	Affiliated issuer.
3	Rate indicated is the 7-day yield as of December 31, 2023.
4	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) securities is $2,307,192,511 (cost $2,435,402,167), or 54.3% of total net assets.
5	Security is an interest-only strip.
6	Security has no stated coupon. However, it is expected to receive residual cash flow payments on defined deal dates.
7	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be illiquid and restricted under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) illiquid and restricted securities is $31,621,800 (cost $32,589,436), or 0.7% of total net assets — See Note 6.
8	Perpetual maturity.

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

9	Security is a step up/down bond. The coupon increases or decreases at regular intervals until the bond reaches full maturity. Rate indicated is the rate at December 31, 2023. See table below for additional step information for each security.
10	Rate indicated is the effective yield at the time of purchase.

BofA — Bank of America

CDX.NA.HY.41.V2 — Credit Default Swap North American High Yield Series 41 Index Version 2cme

CME — Chicago Mercantile Exchange

CMS — Constant Maturity Swap

EUR — Euro

EURIBOR — European Interbank Offered Rate

ICE — Intercontinental Exchange

ITRAXX.EUR.38.V1 — iTraxx Europe Series 38 Index Version 1

LIBOR — London Interbank Offered Rate

plc — Public Limited Company

REMIC — Real Estate Mortgage Investment Conduit

REIT — Real Estate Investment Trust

SARL —  Société à Responsabilité Limitée

SOFR — Secured Overnight Financing Rate

WAC — Weighted Average Coupon

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments):

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	33,374	$	—	$	—	$	33,374
Preferred Stocks		—		19,765,110		—		19,765,110
Warrants		2,071		—		—		2,071
Mutual Funds		95,200,728		—		—		95,200,728
Money Market Fund		295,898,775		—		—		295,898,775
Asset-Backed Securities		—		1,141,692,836		134,036,778		1,275,729,614
Corporate Bonds		—		961,199,253		26,759,801		987,959,054
Collateralized Mortgage Obligations		—		862,770,719		—		862,770,719
U.S. Government Securities		—		395,582,954		—		395,582,954
U.S. Treasury Bills		—		206,645,993		—		206,645,993
Federal Agency Discount Notes		—		199,970,600		—		199,970,600
Senior Floating Rate Interests		—		91,633,033		14,173,171		105,806,204
Municipal Bonds		—		2,834,486		—		2,834,486
Options Purchased		—		510,102		—		510,102
Interest Rate Futures Contracts**		3,204,823		—		—		3,204,823
Interest Rate Swap Agreements**		—		12,983,546		—		12,983,546
Total Assets	$	394,339,771	$	3,895,588,632	$	174,969,750	$	4,464,898,153

Investments in Securities (Liabilities)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Credit Default Swap Agreements**	$	—	$	2,187,717	$	—	$	2,187,717
Interest Rate Swap Agreements**		—		9,406,657		—		9,406,657
Forward Foreign Currency Exchange Contracts**		—		613,871		—		613,871
Total Liabilities	$	—	$	12,208,245	$	—	$	12,208,245

** This derivative is reported as unrealized appreciation/depreciation at period end.

The following is a summary of significant unobservable inputs used in the fair valuation of assets and liabilities categorized within Level 3 of the fair value hierarchy:

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

Category	Ending Balance at December 31, 2023		Valuation Technique	Unobservable Inputs	Input Range		Weighted Average*
Assets:
Asset-Backed Securities	$	64,545,018	Option adjusted spread off prior month end broker quote	Broker Quote		—		—
Asset-Backed Securities		33,288,091	Third Party Pricing	Broker Quote		—		—
Asset-Backed Securities		28,678,669	Yield Analysis	Yield		6.2%-6.9%		6.4%
Asset-Backed Securities		7,525,000	Third Party Pricing	Trade Price		—		—
Corporate Bonds		18,775,330	Yield Analysis	Yield		5.9%-6.7%		6.3%
Corporate Bonds		4,207,905	Option adjusted spread off prior month end broker quote	Broker Quote		—		—
Corporate Bonds		3,776,566	Third Party Pricing	Broker Quote		—		—
Senior Floating Rate Interests		13,729,863	Yield Analysis	Yield		10.2%		—
Senior Floating Rate Interests		443,308	Third Party Pricing	Broker Quote		—		—
Total Assets	$	174,969,750

* Inputs are weighted by the fair value of the instruments.

Significant changes in a quote or yield would generally result in significant changes in the fair value of the security.

The Fund’s fair valuation leveling guidelines classify a single daily broker quote, or a vendor price based on a single daily or monthly broker quote, as Level 3, if such a quote or price cannot be supported with other available market information.

Transfers between Level 2 and Level 3 may occur as markets fluctuate and/or the availability of data used in an investment’s valuation changes. For the period ended December 31, 2023, the Fund had securities with a total value of $443,308 transfer into Level 3 from Level 2 due to a lack of observable inputs and had securities with a total value of $24,455,984 transfer out of Level 3 into Level 2 due to the availability of current and reliable market-based data provided by a third-party pricing service which utilizes significant observable inputs.

Summary of Fair Value Level 3 Activity 

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value for the period ended December 31, 2023:

	Assets
		Asset-Backed Securities			Collateralized Mortgage Obligations			Corporate Bonds			Senior Floating Rate Interests		Total Assets
Beginning Balance	$	143,391,739		$	23,897,802		$	33,706,418		$	13,540,818	$	214,536,777
Purchases/(Receipts)		24,679,550			-			-			-		24,679,550
(Sales, maturities and paydowns)/Fundings		(35,447,939	)		(255,298	)		(7,588,259	)		-		(43,291,496	)
Amortization of premiums/discounts		19,786			3,548			(14,677	)		14,140		22,797
Total realized gains (losses) included in earnings		35,953			-			-			-		35,953
Total change in unrealized appreciation (depreciation) included in earnings		1,357,689			809,932			656,319			174,905		2,998,845
Transfers into Level 3		-			-			-			443,308		443,308
Transfers out of Level 3		-			(24,455,984	)		-			-		(24,455,984	)
Ending Balance	$	134,036,778		$	-		$	26,759,801		$	14,173,171	$	174,969,750
Net change in unrealized appreciation (depreciation) for investments in Level 3 securities still held at December 31, 2023	$	1,356,561		$	-		$	606,986		$	174,905	$	2,138,452

Step Coupon Bonds

The following table discloses additional information related to step coupon bonds held by the Fund. Certain securities are subject to multiple rate changes prior to maturity. For those securities, a range of rates and corresponding dates have been provided. Rates for all step coupon bonds held by the Fund are scheduled to increase, none are scheduled to decrease.

Name	Coupon Rate at Next Reset Date			Next Rate Reset Date	Future Reset Rate			Future Reset Date
BRAVO Residential Funding Trust 2022-R1, 3.13% due 01/29/70		6.13	%	01/30/25		—			—
BRAVO Residential Funding Trust 2021-C, 1.62% due 03/01/61		4.62	%	09/25/24		5.62	%		09/25/25
Citigroup Mortgage Loan Trust 2022-A, 6.17% due 09/25/62		9.17	%	09/25/25		10.17	%		09/25/26
CSMC Trust 2020-NQM1, 1.41% due 05/25/65		2.41	%	09/26/24		—			—
Legacy Mortgage Asset Trust 2021-GS3, 1.75% due 07/25/61		4.75	%	05/25/24		5.75	%		05/25/25
Legacy Mortgage Asset Trust 2021-GS4, 1.65% due 11/25/60		4.65	%	08/25/24		5.65	%		08/25/25
Legacy Mortgage Asset Trust 2021-GS5, 2.25% due 07/25/67		5.25	%	11/25/24		6.25	%		11/25/25
Legacy Mortgage Asset Trust 2021-GS2, 1.75% due 04/25/61		4.75	%	04/25/24		5.75	%		04/25/25
NYMT Loan Trust 2022-SP1, 5.25% due 07/25/62		8.25	%	07/01/25		9.25	%		07/01/26
NYMT Loan Trust 2021-SP1, 1.67% due 08/25/61		4.67	%	08/01/24		5.67	%		08/01/25
OBX Trust 2022-NQM9, 6.45% due 09/25/62		7.45	%	11/01/26		—			—
OSAT Trust 2021-RPL1, 2.12% due 05/25/65		5.12	%	06/25/24		6.12	%		06/25/25
PRPM LLC 2022-1, 3.72% due 02/25/27		6.72	%	02/25/25		7.72	%		02/25/26
PRPM LLC 2021-5, 1.79% due 06/25/26		4.79	%	06/25/24		5.79	%		06/25/25
Verus Securitization Trust 2020-1, 2.42% due 01/25/60		3.42	%	01/26/24		—			—
Verus Securitization Trust 2020-5, 1.58% due 05/25/65		2.58	%	10/26/24		—			—

Affiliated Transactions

Investments representing 5% or more of the outstanding voting shares of a company, or control of or by, or common control under Guggenheim Investments ("GI"), result in that company being considered an affiliated issuer, as defined in the 1940 Act.

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

The Fund may invest in certain of the underlying series of Guggenheim Strategy Funds Trust, including Guggenheim Strategy Fund II and Guggenheim Strategy Fund III, (collectively, the “Short Term Investment Vehicles”), each of which are open-end management investment companies managed by GI. The Short Term Investment Vehicles, which launched on March 11, 2014, are offered as short term investment options only to mutual funds, trusts, and other accounts managed by GI and/or its affiliates, and are not available to the public. The Short Term Investment Vehicles pay no investment management fees. The Short Term Investment Vehicles' annual report on Form N-CSR dated September 30, 2023, is available publicly or upon request. This information is available from the EDGAR database on the SEC's website at https://www.sec.gov/Archives/edgar/data/1601445/000182126823000217/gug86449-ncsr.htm. The Fund may invest in certain of the underlying series of Guggenheim Funds Trust, which are open-end management investment companies managed by GI, are available to the public and whose most recent annual report on Form N-CSR is available publicly or upon request.

Transactions during the period ended December 31, 2023, in which the company is an affiliated issuer, were as follows:  

Security Name	Value 09/30/23		Additions		Reductions		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)		Value 12/31/23		Shares 12/31/23		Investment Income
Mutual Funds
Guggenheim Strategy Fund II	$	31,186,426	$	442,440	$	–	$	–	$	297,966	$	31,926,832		1,303,136	$	441,888
Guggenheim Strategy Fund III		31,270,271		426,048		–		–		337,171		32,033,490		1,304,826		425,059
Guggenheim Ultra Short Duration Fund — Institutional Class		30,463,724		461,468		–		–		315,214		31,240,406		3,171,615		460,877
	$	92,920,421	$	1,329,956	$	–	$	–	$	950,351	$	95,200,728			$	1,327,824

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 0.2%
Utilities - 0.1%
Texgen Power LLC*,††		180,169	$	6,080,704
Industrial - 0.1%
API Heat Transfer Intermediate*,†††		743		1,038,669
Schur Flexibles GesmbH*,††		1,661		371,414
BP Holdco LLC*,†††,1		37,539		45,502
Vector Phoenix Holdings, LP*,†††		37,539		931
YAK BLOCKER 2 LLC*,†††		74,424		744
YAK BLOCKER 2 LLC*,†††		68,788		688
Targus, Inc.*,†††		12,773		377
Targus, Inc.*,†††		12,773		377
Targus, Inc.*,†††		12,773		307
Targus, Inc.*,†††		12,773		140
Targus, Inc.*,†††		12,773		1
Total Industrial				1,459,150
Consumer, Cyclical - 0.0%
ATD New Holdings, Inc.*,††		42,478		1,223,366
Financial - 0.0%
Checkers Holdings, Inc.*,†††		158,620		631,308
Pershing Square Tontine Holdings, Ltd. — Class A*,†††,2		6,864,930		687
Tensor Ltd.*,†††		1,173,803		117
Total Financial				632,112
Technology - 0.0%
Qlik Technologies, Inc. - Class A*,†††		177		288,796
Qlik Technologies, Inc. - Class B*,†††		43,738		4
Total Technology				288,800
Communications - 0.0%
Vacasa, Inc. — Class A*		25,191		206,565
Consumer, Non-cyclical - 0.0%
Cengage Learning Holdings II, Inc.*,††		21,660		195,850
Save-A-Lot*,††		22,703		4,359
Total Consumer, Non-cyclical				200,209
Energy - 0.0%
Permian Production Partners LLC*,†††		573,522		23,674
Total Common Stocks
(Cost $12,139,815)				10,114,580
PREFERRED STOCKS†† - 4.9%
Financial - 4.0%
Citigroup, Inc.
3.88%		30,600,000		27,090,921
4.00%		13,100,000		12,057,397
7.38%		1,400,000		1,416,934
Markel Group, Inc.
6.00%		29,050,000		28,721,677
Equitable Holdings, Inc.
4.95%		24,550,000		23,361,017
4.30%		155,754		2,579,286
Wells Fargo & Co.
3.90%		25,750,000		23,791,882
Kuvare US Holdings, Inc.
7.00% due 02/17/513		19,150,000		19,293,625
Goldman Sachs Group, Inc.
4.13%		20,500,000		18,256,291
Bank of America Corp.
4.38%		13,850,000		12,343,484
6.13%		5,800,000		5,813,920
Bank of New York Mellon Corp.
3.75%		20,550,000		17,762,021
Charles Schwab Corp.
4.00%		18,700,000		14,769,443
MetLife, Inc.
3.85%		12,200,000		11,548,499
Jackson Financial, Inc.
8.00%		284,000		7,168,160
CNO Financial Group, Inc.
5.13% due 11/25/60		324,000		5,644,080
Assurant, Inc.
5.25% due 01/15/61		237,775		4,741,190
Selective Insurance Group, Inc.
4.60%		246,000		4,228,740
Reinsurance Group of America, Inc.
7.13% due 10/15/52		70,925		1,849,724
PartnerRe Ltd.
4.88%		49,074		919,156
First Republic Bank
4.25%		803,675		72,331
4.50%		238,300		21,447
Total Financial				243,451,225
Communications - 0.5%
AT&T Mobility II LLC
6.80%*,†††		27,000		26,928,990
Government - 0.4%
CoBank ACB
4.25%		20,000,000		16,000,000
Farmer Mac
5.75%		378,000		8,728,020
Total Government				24,728,020
Industrial - 0.0%
YAK BLOCKER 2 LLC *,†††		4,088,802		1,186,401
Total Preferred Stocks
(Cost $361,367,944)				296,294,636
WARRANTS† - 0.0%
Ginkgo Bioworks Holdings, Inc.
Expiring 09/16/26*		128,004		13,479
Pershing Square Tontine Holdings, Ltd. — Class A
Expiring 07/24/25*,†††,2		762,770		76
Total Warrants
(Cost $296,403)				13,555
EXCHANGE-TRADED FUNDS† - 0.7%
VanEck Gold Miners ETF		1,313,402		40,728,596
Total Exchange-Traded Funds
(Cost $50,148,961)				40,728,596
MUTUAL FUNDS† - 4.8%
Guggenheim Limited Duration Fund — R6-Class1		5,277,872		126,985,604

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Shares		Value
MUTUAL FUNDS† - 4.8% (continued)
Guggenheim Ultra Short Duration Fund — Institutional Class1		5,085,781	$	50,094,943
Guggenheim Risk Managed Real Estate Fund — Institutional Class1		1,069,627		34,516,867
Guggenheim Strategy Fund III1		1,390,830		34,144,878
Guggenheim Alpha Opportunity Fund — Institutional Class1		1,022,808		29,109,105
Guggenheim Strategy Fund II1		802,601		19,663,723
Total Mutual Funds
(Cost $295,670,569)				294,515,120
MONEY MARKET FUNDS† - 2.1%
Federated Hermes U.S. Treasury Cash Reserves Fund — Institutional Shares, 5.22%4		111,716,580		111,716,580
Dreyfus Treasury Obligations Cash Management Fund — Institutional Shares, 5.25%4		17,480,758		17,480,758
Western Asset Institutional U.S. Treasury Reserves — Institutional Shares, 5.24%4		592,199		592,199
Total Money Market Funds
(Cost $129,789,537)				129,789,537
		Face Amount~
CORPORATE BONDS†† - 29.9%
Financial -  9.2%
Pershing Square Holdings Ltd.
3.25% due 10/01/313		33,500,000		26,327,315
3.25% due 11/15/30		15,100,000		12,253,348
Wilton RE Ltd.
6.00% 3,5,6		31,350,000		27,733,560
GLP Capital Limited Partnership / GLP Financing II, Inc.
4.00% due 01/15/31		22,640,000		20,390,342
5.30% due 01/15/29		6,950,000		6,909,813
Rocket Mortgage LLC / Rocket Mortgage Company-Issuer, Inc.
3.88% due 03/01/313		21,650,000		19,041,089
2.88% due 10/15/263		8,750,000		8,071,875
NFP Corp.
6.88% due 08/15/283		16,700,000		16,977,232
7.50% due 10/01/303		4,150,000		4,416,832
4.88% due 08/15/283		3,950,000		3,909,098
Liberty Mutual Group, Inc.
4.30% due 02/01/613		36,940,000		24,226,900
CBS Studio Center
8.34% (30 Day Average SOFR + 3.00%, Rate Floor: 3.00%) due 01/09/24◊,†††		22,000,000		22,000,000
Host Hotels & Resorts, LP
3.50% due 09/15/30		24,000,000		21,410,882
Jefferies Finance LLC / JFIN Company-Issuer Corp.
5.00% due 08/15/283		23,000,000		20,586,822
Iron Mountain, Inc.
5.63% due 07/15/323		20,000,000		18,933,408
4.50% due 02/15/313		925,000		837,604
Global Atlantic Finance Co.
4.70% due 10/15/513,6		22,350,000		19,156,057
FS KKR Capital Corp.
3.25% due 07/15/27		21,000,000		19,102,203
LPL Holdings, Inc.
4.00% due 03/15/293		14,788,000		13,685,061
4.38% due 05/15/313		5,500,000		4,980,419
Mitsubishi UFJ Financial Group, Inc.
5.42% due 02/22/296		18,050,000		18,376,808
Starwood Property Trust, Inc.
4.38% due 01/15/273		19,000,000		17,906,170
United Wholesale Mortgage LLC
5.50% due 04/15/293		7,150,000		6,768,976
5.50% due 11/15/253		6,300,000		6,260,175
5.75% due 06/15/273		4,550,000		4,459,500
OneMain Finance Corp.
9.00% due 01/15/29		7,150,000		7,559,187
4.00% due 09/15/30		7,250,000		6,204,227
7.88% due 03/15/30		2,225,000		2,290,350
Hampton Roads PPV LLC
6.62% due 06/15/533		16,560,000		14,409,518
Sherwood Financing plc
4.50% due 11/15/263	EUR	13,600,000		13,800,155
Lloyds Banking Group plc
5.87% due 03/06/296		12,100,000		12,393,000
Hunt Companies, Inc.
5.25% due 04/15/293		13,700,000		12,220,574
Kennedy-Wilson, Inc.
5.00% due 03/01/31		14,669,000		11,647,186
4.75% due 02/01/30		250,000		202,633
4.75% due 03/01/29		25,000		20,873
Corebridge Financial, Inc.
6.88% due 12/15/526		10,750,000		10,713,516
First American Financial Corp.
4.00% due 05/15/30		11,760,000		10,576,566
Nationstar Mortgage Holdings, Inc.
5.00% due 02/01/263		9,810,000		9,593,769
Jane Street Group / JSG Finance, Inc.
4.50% due 11/15/293		9,650,000		8,998,846
OneAmerica Financial Partners, Inc.
4.25% due 10/15/503		11,550,000		8,307,967
QBE Insurance Group Ltd.
5.88%3,5,6		7,550,000		7,355,899
SLM Corp.
3.13% due 11/02/26		7,714,000		7,192,804

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Face Amount~		Value
CORPORATE BONDS†† - 29.9% (continued)
Financial -  9.2% (continued)
Toronto-Dominion Bank
8.13% due 10/31/826		6,300,000	$	6,556,971
PartnerRe Finance B LLC
4.50% due 10/01/506		6,460,000		5,499,036
Cushman & Wakefield US Borrower LLC
6.75% due 05/15/283		5,303,000		5,276,485
Blue Owl Capital GP LLC
7.11% due 08/22/43†††		5,000,000		5,113,300
Bank of Nova Scotia
8.63% due 10/27/826		4,650,000		4,830,917
American Equity Investment Life Holding Co.
5.00% due 06/15/27		4,813,000		4,621,999
Horace Mann Educators Corp.
7.25% due 09/15/28		3,600,000		3,827,881
PennyMac Financial Services, Inc.
7.88% due 12/15/293		3,225,000		3,319,709
Accident Fund Insurance Company of America
8.50% due 08/01/323		3,000,000		3,044,143
SBA Communications Corp.
3.13% due 02/01/29		3,100,000		2,785,340
Prudential Financial, Inc.
5.13% due 03/01/526		2,750,000		2,584,479
Jones Deslauriers Insurance Management, Inc.
10.50% due 12/15/303		1,700,000		1,791,633
Iron Mountain Information Management Services, Inc.
5.00% due 07/15/323		1,726,000		1,580,977
Atlas Mara Ltd.
due 12/31/21†††,7,8		3,328,827		1,544,576
Total Financial				560,586,005
Industrial -  3.7%
Level 3 Financing, Inc.
4.25% due 07/01/28		19,794,000		11,480,520
3.75% due 07/15/29		7,600,000		3,800,000
3.88% due 11/15/29		2,600,000		2,496,000
11.00% due 11/15/29†††		5,724,876		6
IP Lending I LLC
4.00% due 09/08/25†††,3		15,347,531		14,436,502
XPO, Inc.
6.25% due 06/01/283		14,085,000		14,254,161
LCPR Senior Secured Financing DAC
5.13% due 07/15/293		16,250,000		14,155,951
New Enterprise Stone & Lime Company, Inc.
5.25% due 07/15/283		9,081,000		8,662,457
9.75% due 07/15/283		5,350,000		5,350,000
Artera Services LLC
9.03% due 12/04/253		14,385,000		13,608,354
Great Lakes Dredge & Dock Corp.
5.25% due 06/01/293		15,785,000		13,420,580
TransDigm, Inc.
6.75% due 08/15/283		7,000,000		7,161,574
6.88% due 12/15/303		4,050,000		4,171,500
Standard Industries, Inc.
4.38% due 07/15/303		6,200,000		5,694,007
3.38% due 01/15/313		6,552,000		5,636,492
IP Lending X Ltd.
7.75% due 07/02/29†††,3		9,275,000		9,441,393
Flowserve Corp.
3.50% due 10/01/30		10,270,000		9,072,019
Dyal Capital Partners IV
3.65% due 02/22/41†††		10,950,000		8,811,574
Arcosa, Inc.
4.38% due 04/15/293		9,400,000		8,754,972
Pactiv Evergreen Group Issuer Incorporated/Pactiv Evergreen Group Issuer LLC
4.00% due 10/15/273		7,943,000		7,426,705
GrafTech Finance, Inc.
4.63% due 12/15/283		10,000,000		6,629,100
Deuce FinCo plc
5.50% due 06/15/273	GBP	5,350,000		6,345,030
Atkore, Inc.
4.25% due 06/01/313		6,875,000		6,136,009
Masonite International Corp.
3.50% due 02/15/303		6,350,000		5,504,307
TopBuild Corp.
3.63% due 03/15/293		5,550,000		5,028,920
GrafTech Global Enterprises, Inc.
9.88% due 12/15/283		6,520,000		5,028,550
SCIL IV LLC / SCIL USA Holdings LLC
9.50% due 07/15/28	EUR	3,500,000		4,116,056
Enviri Corp.
5.75% due 07/31/273		4,075,000		3,798,083
Adevinta ASA
3.00% due 11/15/27	EUR	3,433,000		3,768,301
Summit Materials LLC / Summit Materials Finance Corp.
7.25% due 01/15/313		3,150,000		3,319,168
TK Elevator US Newco, Inc.
5.25% due 07/15/273		3,000,000		2,947,071
AmeriTex HoldCo Intermediate LLC
10.25% due 10/15/283		2,450,000		2,511,250
Clearwater Paper Corp.
4.75% due 08/15/283		1,018,000		943,688
Builders FirstSource, Inc.
6.38% due 06/15/323		800,000		816,940
Brundage-Bone Concrete Pumping Holdings, Inc.
6.00% due 02/01/263		525,000		524,743
Total Industrial				225,251,983
Energy -  3.7%
BP Capital Markets plc
4.88%5,6		39,360,000		37,384,030
ITT Holdings LLC
6.50% due 08/01/293		34,883,000		30,858,897

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 29.9% (continued)
Energy -  3.7% (continued)
Parkland Corp.
4.63% due 05/01/303	20,000,000	$	18,400,000
Midwest Connector Capital Company LLC
4.63% due 04/01/293	18,763,000		18,064,112
Targa Resources Partners Limited Partnership / Targa Resources Partners Finance Corp.
6.88% due 01/15/29	12,632,000		13,045,193
4.88% due 02/01/31	5,000,000		4,857,050
Occidental Petroleum Corp.
7.95% due 06/15/39	12,735,000		14,836,275
4.50% due 07/15/44	2,850,000		2,215,875
CVR Energy, Inc.
8.50% due 01/15/293	15,975,000		15,895,125
NuStar Logistics, LP
6.38% due 10/01/30	14,506,000		14,531,676
5.63% due 04/28/27	450,000		448,083
Venture Global LNG, Inc.
9.50% due 02/01/293	8,700,000		9,206,053
9.88% due 02/01/323	3,000,000		3,124,917
Global Partners Limited Partnership / GLP Finance Corp.
6.88% due 01/15/29	7,750,000		7,478,861
7.00% due 08/01/27	2,200,000		2,150,742
CQP Holdco Limited Partnership / BIP-V Chinook Holdco LLC
7.50% due 12/15/333	6,550,000		6,785,518
Viper Energy, Inc.
7.38% due 11/01/313	6,100,000		6,313,500
Kinetik Holdings, LP
5.88% due 06/15/303	6,100,000		5,984,417
DT Midstream, Inc.
4.13% due 06/15/293	5,250,000		4,829,913
TransCanada PipeLines Ltd.
6.20% due 03/09/26	3,300,000		3,299,754
HF Sinclair Corp.
6.38% due 04/15/273	2,689,000		2,710,089
TransMontaigne Partners Limited Partnership / TLP Finance Corp.
6.13% due 02/15/26	700,000		631,750
Basic Energy Services, Inc.
due 10/15/23†††,7	1,438,000		7,190
Total Energy			223,059,020
Communications -  3.6%
British Telecommunications plc
4.88% due 11/23/813,6	28,200,000		24,108,121
4.25% due 11/23/813,6	5,250,000		4,842,639
McGraw-Hill Education, Inc.
8.00% due 08/01/293	22,634,000		21,049,620
5.75% due 08/01/283	4,600,000		4,435,550
Altice France S.A.
5.13% due 07/15/293	13,250,000		10,308,754
5.50% due 10/15/293	11,760,000		9,221,303
UPC Broadband Finco BV
4.88% due 07/15/313	20,200,000		17,778,222
CSC Holdings LLC
4.13% due 12/01/303	20,672,000		15,726,224
4.63% due 12/01/303	2,715,000		1,634,757
Vodafone Group plc
5.13% due 06/04/816	16,875,000		12,704,675
CCO Holdings LLC / CCO Holdings Capital Corp.
4.50% due 06/01/333	14,265,000		12,070,154
Cable One, Inc.
4.00% due 11/15/303	12,575,000		10,181,200
Virgin Media Finance plc
5.00% due 07/15/303	11,400,000		10,050,946
Paramount Global
4.85% due 07/01/42	3,667,000		2,941,959
5.90% due 10/15/40	2,765,000		2,499,636
4.90% due 08/15/44	1,797,000		1,414,203
5.25% due 04/01/44	1,488,000		1,191,743
4.60% due 01/15/45	624,000		474,533
Sirius XM Radio, Inc.
4.13% due 07/01/303	8,900,000		7,930,590
AMC Networks, Inc.
4.25% due 02/15/29	10,200,000		7,783,178
Match Group Holdings II LLC
4.63% due 06/01/283	7,700,000		7,372,750
Virgin Media Secured Finance plc
4.50% due 08/15/303	7,950,000		7,077,885
Telenet Finance Luxembourg Notes SARL
5.50% due 03/01/28	7,000,000		6,545,000
VZ Secured Financing BV
5.00% due 01/15/323	6,830,000		5,830,918
Cogent Communications Group, Inc.
7.00% due 06/15/273	3,750,000		3,768,750
Virgin Media Vendor Financing Notes IV DAC
5.00% due 07/15/283	3,650,000		3,428,078
Radiate Holdco LLC / Radiate Finance, Inc.
4.50% due 09/15/263	3,518,000		2,683,189
Charter Communications Operating LLC / Charter Communications Operating Capital
3.90% due 06/01/52	3,500,000		2,353,330
TripAdvisor, Inc.
7.00% due 07/15/253	1,800,000		1,804,284
Ziggo BV
4.88% due 01/15/303	1,685,000		1,502,996

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Face Amount~		Value
CORPORATE BONDS†† - 29.9% (continued)
Communications -  3.6% (continued)
Zayo Group Holdings, Inc.
4.00% due 03/01/273		700,000	$	561,242
Total Communications				221,276,429
Consumer, Cyclical -  3.0%
Hilton Domestic Operating Company, Inc.
4.00% due 05/01/313		15,900,000		14,563,212
3.63% due 02/15/323		4,150,000		3,621,742
5.75% due 05/01/283		525,000		525,199
Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd.
6.50% due 06/20/273		13,790,000		13,829,150
Suburban Propane Partners Limited Partnership/Suburban Energy Finance Corp.
5.00% due 06/01/313		11,350,000		10,289,755
5.88% due 03/01/27		660,000		656,681
Delta Air Lines, Inc.
7.00% due 05/01/253		10,536,000		10,719,454
Evergreen Acqco 1 Limited Partnership / TVI, Inc.
9.75% due 04/26/283		7,874,000		8,385,810
1011778 BC ULC / New Red Finance, Inc.
4.00% due 10/15/303		9,333,000		8,370,758
Warnermedia Holdings, Inc.
6.41% due 03/15/26		7,200,000		7,204,893
British Airways Class A Pass Through Trust
4.25% due 11/15/323		7,299,638		6,795,884
Hyatt Hotels Corp.
5.75% due 04/23/30		6,530,000		6,746,982
Hawaiian Brand Intellectual Property Ltd. / HawaiianMiles Loyalty Ltd.
5.75% due 01/20/263		6,645,000		6,260,531
Papa John's International, Inc.
3.88% due 09/15/293		7,025,000		6,214,048
Hanesbrands, Inc.
9.00% due 02/15/313		6,100,000		5,975,230
Penn Entertainment, Inc.
4.13% due 07/01/293		6,975,000		5,963,617
CD&R Smokey Buyer, Inc.
6.75% due 07/15/253		5,725,000		5,663,971
JB Poindexter & Company, Inc.
8.75% due 12/15/313		5,100,000		5,202,000
Boyne USA, Inc.
4.75% due 05/15/293		5,484,000		5,157,124
American Airlines Class AA Pass Through Trust
3.58% due 01/15/28		2,172,067		2,024,214
3.35% due 10/15/29		1,123,724		1,013,812
3.65% due 02/15/29		1,017,023		940,804
3.15% due 02/15/32		972,170		849,916
Ontario Gaming GTA, LP
8.00% due 08/01/303		4,375,000		4,511,719
Superior Plus Limited Partnership / Superior General Partner, Inc.
4.50% due 03/15/293		4,800,000		4,450,896
Asbury Automotive Group, Inc.
4.63% due 11/15/293		4,472,000		4,139,287
Beacon Roofing Supply, Inc.
4.13% due 05/15/293		4,117,000		3,753,288
Allwyn Entertainment Financing UK plc
7.88% due 04/30/293		3,450,000		3,510,375
Station Casinos LLC
4.63% due 12/01/313		3,800,000		3,426,363
Scientific Games Holdings Limited Partnership/Scientific Games US FinCo, Inc.
6.63% due 03/01/303		3,500,000		3,309,005
Caesars Entertainment, Inc.
6.25% due 07/01/253		3,300,000		3,308,973
Ritchie Bros Holdings, Inc.
6.75% due 03/15/283		2,950,000		3,037,239
Six Flags Theme Parks, Inc.
7.00% due 07/01/253		2,757,000		2,768,938
PetSmart, Inc. / PetSmart Finance Corp.
4.75% due 02/15/283		2,800,000		2,639,796
Air Canada
4.63% due 08/15/293	CAD	3,550,000		2,474,068
Air Canada Class A Pass Through Trust
5.25% due 04/01/293		2,326,495		2,279,475
United Airlines, Inc.
4.63% due 04/15/293		1,700,000		1,589,900
Acushnet Co.
7.38% due 10/15/283		1,500,000		1,564,935
United Airlines Class AA Pass Through Trust
4.15% due 08/25/31		945,045		870,937
Wyndham Hotels & Resorts, Inc.
4.38% due 08/15/283		700,000		654,605
Total Consumer, Cyclical				185,264,586
Consumer, Non-cyclical -  2.6%
JBS USA LUX S.A. / JBS USA Food Company / JBS USA Finance, Inc.
4.38% due 02/02/52		6,500,000		4,838,886
5.50% due 01/15/30		4,500,000		4,422,493
3.75% due 12/01/31		3,400,000		2,929,603
DaVita, Inc.
4.63% due 06/01/303		8,678,000		7,570,642
3.75% due 02/15/313		4,892,000		4,018,046

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Face Amount~		Value
CORPORATE BONDS†† - 29.9% (continued)
Consumer, Non-cyclical -  2.6% (continued)
US Foods, Inc.
4.75% due 02/15/293		6,550,000	$	6,220,825
6.88% due 09/15/283		3,875,000		3,988,772
Bausch Health Companies, Inc.
4.88% due 06/01/283		15,600,000		9,394,992
Sotheby's/Bidfair Holdings, Inc.
5.88% due 06/01/293		9,400,000		8,129,681
Cheplapharm Arzneimittel GmbH
5.50% due 01/15/283		8,085,000		7,644,429
BCP V Modular Services Finance II plc
4.75% due 10/30/283	EUR	7,000,000		7,140,232
Option Care Health, Inc.
4.38% due 10/31/293		7,736,000		6,991,477
Prime Security Services Borrower LLC / Prime Finance, Inc.
3.38% due 08/31/273		6,861,000		6,361,485
HealthEquity, Inc.
4.50% due 10/01/293		6,555,000		6,086,378
Medline Borrower, LP
3.88% due 04/01/293		6,596,000		5,963,735
Smithfield Foods, Inc.
3.00% due 10/15/303		7,000,000		5,746,456
GTCR W-2 Merger Sub LLC
7.50% due 01/15/313		5,275,000		5,574,210
ADT Security Corp.
4.88% due 07/15/323		5,150,000		4,763,699
Central Garden & Pet Co.
4.13% due 04/30/313		5,300,000		4,683,986
Chrome Bidco
3.50% due 05/31/283	EUR	4,800,000		4,419,170
WW International, Inc.
4.50% due 04/15/293		6,335,000		4,154,171
Carriage Services, Inc.
4.25% due 05/15/293		4,575,000		4,063,240
CAB SELAS
3.38% due 02/01/283	EUR	4,100,000		4,024,329
Tenet Healthcare Corp.
4.88% due 01/01/26		1,750,000		1,730,281
4.63% due 06/15/28		975,000		930,456
5.13% due 11/01/27		550,000		537,653
Kronos Acquisition Holdings, Inc. / KIK Custom Products, Inc.
7.00% due 12/31/273		3,061,000		2,923,255
Endo Luxembourg Finance Company I SARL / Endo US, Inc.
due 04/01/293,7		4,400,000		2,816,000
Legends Hospitality Holding Company LLC / Legends Hospitality Co-Issuer, Inc.
5.00% due 02/01/263		2,775,000		2,770,837
CPI CG, Inc.
8.63% due 03/15/263		2,750,000		2,653,750
Catalent Pharma Solutions, Inc.
3.13% due 02/15/293		2,825,000		2,472,214
Darling Ingredients, Inc.
6.00% due 06/15/303		2,350,000		2,351,739
Williams Scotsman, Inc.
7.38% due 10/01/313		1,950,000		2,045,076
Molina Healthcare, Inc.
4.38% due 06/15/283		1,770,000		1,674,029
Upbound Group, Inc.
6.38% due 02/15/293		1,450,000		1,360,840
Altria Group, Inc.
4.45% due 05/06/50		1,670,000		1,324,295
Par Pharmaceutical, Inc.
due 04/01/273,7		1,825,000		1,168,000
Performance Food Group, Inc.
6.88% due 05/01/253		304,000		304,768
Total Consumer, Non-cyclical				156,194,130
Technology -  1.7%
AthenaHealth Group, Inc.
6.50% due 02/15/303		22,810,000		20,692,719
Qorvo, Inc.
3.38% due 04/01/313		9,225,000		7,892,603
4.38% due 10/15/29		7,833,000		7,431,559
NCR Voyix Corp.
5.25% due 10/01/303		10,325,000		9,482,240
5.13% due 04/15/293		3,850,000		3,659,816
TeamSystem SpA
7.72% (3 Month EURIBOR + 3.75%, Rate Floor: 3.75%) due 02/15/28◊	EUR	11,750,000		12,861,294
Booz Allen Hamilton, Inc.
3.88% due 09/01/283		11,800,000		11,115,560
CDW LLC / CDW Finance Corp.
3.57% due 12/01/31		7,900,000		7,001,928
Boxer Parent Company, Inc.
6.50% due 10/02/25	EUR	5,500,000		6,050,206
Playtika Holding Corp.
4.25% due 03/15/293		5,850,000		5,104,413
Cloud Software Group, Inc.
6.50% due 03/31/293		5,300,000		5,047,935
Twilio, Inc.
3.88% due 03/15/31		4,000,000		3,562,020
Central Parent LLC / CDK Global II LLC / CDK Financing Company, Inc.
8.00% due 06/15/293		3,050,000		3,183,468
MSCI, Inc.
3.88% due 02/15/313		883,000		806,780
ACI Worldwide, Inc.
5.75% due 08/15/263		400,000		397,318

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Face Amount~		Value
CORPORATE BONDS†† - 29.9% (continued)
Technology -  1.7% (continued)
Capstone Borrower, Inc.
8.00% due 06/15/303		350,000	$	364,126
Total Technology				104,653,985
Basic Materials -  1.7%
Alcoa Nederland Holding BV
5.50% due 12/15/273		15,125,000		14,741,265
6.13% due 05/15/283		7,450,000		7,492,890
4.13% due 03/31/293		4,900,000		4,543,837
Kaiser Aluminum Corp.
4.50% due 06/01/313		13,250,000		11,421,862
4.63% due 03/01/283		650,000		601,139
International Flavors & Fragrances, Inc.
1.23% due 10/01/253		11,950,000		11,061,392
Minerals Technologies, Inc.
5.00% due 07/01/283		11,280,000		10,847,863
SK Invictus Intermediate II SARL
5.00% due 10/30/293		11,525,000		9,997,938
SCIL IV LLC / SCIL USA Holdings LLC
5.38% due 11/01/263		10,375,000		9,959,295
Carpenter Technology Corp.
6.38% due 07/15/28		8,315,000		8,283,800
HB Fuller Co.
4.25% due 10/15/28		5,250,000		4,909,031
Novelis Sheet Ingot GmbH
3.38% due 04/15/29	EUR	4,500,000		4,685,883
Arsenal AIC Parent LLC
8.00% due 10/01/303		3,800,000		3,964,768
Ingevity Corp.
3.88% due 11/01/283		1,000,000		895,532
Mirabela Nickel Ltd.
due 06/24/19†††,7,8		1,885,418		9,427
Total Basic Materials				103,415,922
Utilities -  0.7%
AES Corp.
3.95% due 07/15/303		9,760,000		9,011,369
Clearway Energy Operating LLC
3.75% due 02/15/313		9,409,000		8,287,548
Terraform Global Operating, LP
6.13% due 03/01/263		8,285,000		8,150,369
Alexander Funding Trust II
7.47% due 07/31/283		7,750,000		8,137,787
NRG Energy, Inc.
7.00% due 03/15/333		6,950,000		7,345,837
Atlantica Sustainable Infrastructure plc
4.13% due 06/15/283		1,550,000		1,452,647
Total Utilities				42,385,557
Total Corporate Bonds
(Cost $2,016,844,965)				1,822,087,617
ASSET-BACKED SECURITIES†† - 21.1%
Collateralized Loan Obligations -  12.1%
Fortress Credit Opportunities IX CLO Ltd.
2021-9A CR, 8.46% (3 Month Term SOFR + 3.06%, Rate Floor: 2.80%) due 10/15/33◊,3		35,000,000		33,334,480
2021-9A DR, 9.61% (3 Month Term SOFR + 4.21%, Rate Floor: 3.95%) due 10/15/33◊,3		7,750,000		6,918,048
2021-9A A2TR, 7.46% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 10/15/33◊,3		2,950,000		2,878,449
LoanCore Issuer Ltd.
2021-CRE4 D, 7.98% (1 Month Term SOFR + 2.61%, Rate Floor: 2.61%) due 07/15/35◊,3		20,500,000		19,371,438
2021-CRE6 D, 8.33% (1 Month Term SOFR + 2.96%, Rate Floor: 2.85%) due 11/15/38◊,3		11,300,000		9,996,565
2021-CRE5 D, 8.48% (1 Month Term SOFR + 3.11%, Rate Floor: 3.11%) due 07/15/36◊,3		8,250,000		7,708,541
2022-CRE7 D, 8.44% (30 Day Average SOFR + 3.10%, Rate Floor: 3.10%) due 01/17/37◊,3		6,400,000		6,039,175
FS Rialto
2021-FL3 D, 7.97% (1 Month Term SOFR + 2.61%, Rate Floor: 2.61%) due 11/16/36◊,3		36,500,000		34,230,780
2021-FL2 D, 8.27% (1 Month Term SOFR + 2.91%, Rate Floor: 2.91%) due 05/16/38◊,3		8,850,000		8,322,857
Palmer Square Loan Funding Ltd.
2022-1A B, 7.39% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 04/15/30◊,3		26,200,000		25,786,103
2021-3A C, 8.18% (3 Month Term SOFR + 2.76%, Rate Floor: 2.76%) due 07/20/29◊,3		8,300,000		8,176,383
2022-1A C, 7.99% (3 Month Term SOFR + 2.60%, Rate Floor: 2.60%) due 04/15/30◊,3		3,400,000		3,320,187
LCCM Trust
2021-FL3 C, 8.08% (1 Month Term SOFR + 2.71%, Rate Floor: 2.71%) due 11/15/38◊,3		28,865,000		27,399,030

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 21.1% (continued)
Collateralized Loan Obligations -  12.1% (continued)
2021-FL2 D, 8.38% (1 Month Term SOFR + 3.01%, Rate Floor: 3.01%) due 12/13/38◊,3	5,750,000	$	5,343,883
Fontainbleau Vegas
11.01% (1 Month Term SOFR + 5.65%, Rate Floor: 5.65%) due 01/31/26◊,†††	26,499,999		26,499,999
BXMT Ltd.
2020-FL2 C, 7.13% (1 Month Term SOFR + 1.76%, Rate Floor: 1.76%) due 02/15/38◊,3	15,640,000		13,622,570
2020-FL2 D, 7.43% (1 Month Term SOFR + 2.06%, Rate Floor: 2.06%) due 02/15/38◊,3	8,000,000		6,355,784
2020-FL3 D, 8.28% (1 Month Term SOFR + 2.91%, Rate Floor: 2.91%) due 11/15/37◊,3	7,350,000		6,016,915
ACRES Commercial Realty Ltd.
2021-FL2 D, 8.58% (1 Month Term SOFR + 3.21%, Rate Floor: 3.21%) due 01/15/37◊,3	8,350,000		7,668,434
2021-FL1 D, 8.13% (1 Month Term SOFR + 2.76%, Rate Floor: 2.76%) due 06/15/36◊,3	7,250,000		6,690,296
2021-FL2 C, 8.13% (1 Month Term SOFR + 2.76%, Rate Floor: 2.76%) due 01/15/37◊,3	6,500,000		6,067,288
2021-FL2 B, 7.73% (1 Month Term SOFR + 2.36%, Rate Floor: 2.36%) due 01/15/37◊,3	3,500,000		3,400,482
Cerberus Loan Funding XLIV LLC
2024-5A C, due 01/15/36◊,3	22,800,000		22,800,000
Cerberus Loan Funding XLII LLC
2023-3A C, 9.58% (3 Month Term SOFR + 4.15%, Rate Floor: 4.15%) due 09/13/35◊,3	21,550,000		21,547,520
MidOcean Credit CLO VII
2020-7A CR, 7.86% (3 Month Term SOFR + 2.46%, Rate Floor: 0.00%) due 07/15/29◊,3	21,000,000		20,989,933
Golub Capital Partners CLO Ltd.
2018-36A C, 7.75% (3 Month Term SOFR + 2.36%, Rate Floor: 0.00%) due 02/05/31◊,3	20,000,000		19,275,100
BSPDF Issuer Ltd.
2021-FL1 D, 8.23% (1 Month Term SOFR + 2.86%, Rate Floor: 2.75%) due 10/15/36◊,3	19,975,000		18,196,396
BSPRT Issuer Ltd.
2021-FL6 D, 8.48% (1 Month Term SOFR + 3.11%, Rate Floor: 3.00%) due 03/15/36◊,3	18,425,000		16,520,117
2021-FL7 D, 8.23% (1 Month Term SOFR + 2.86%, Rate Floor: 2.86%) due 12/15/38◊,3	1,600,000		1,501,114
Owl Rock CLO I LLC
2024-1A C, due 02/20/36◊,3	17,250,000		17,373,165
Voya CLO Ltd.
2021-2A CR, 9.26% (3 Month Term SOFR + 3.86%, Rate Floor: 3.60%) due 06/07/30◊,3	16,500,000		16,212,646
2013-1A INC, due 10/15/303,9	28,970,307		1,124,338
Anchorage Capital CLO 6 Ltd.
2021-6A DRR, 9.11% (3 Month Term SOFR + 3.71%, Rate Floor: 3.45%) due 07/15/30◊,3	17,350,000		17,052,772
Golub Capital Partners CLO 49M Ltd.
2021-49A D, 9.53% (3 Month Term SOFR + 4.11%, Rate Floor: 4.11%) due 08/26/33◊,3	18,100,000		16,324,542
Cerberus Loan Funding XXX, LP
2020-3A C, 9.31% (3 Month Term SOFR + 3.91%, Rate Cap/Floor: 14.50%/3.65%) due 01/15/33◊,3	14,500,000		14,154,246
STWD Ltd.
2022-FL3 D, 8.09% (30 Day Average SOFR + 2.75%, Rate Floor: 2.75%) due 11/15/38◊,3	11,900,000		10,794,201
2021-FL2 D, 8.27% (1 Month Term SOFR + 2.91%, Rate Floor: 2.80%) due 04/18/38◊,3	3,750,000		3,227,582

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 21.1% (continued)
Collateralized Loan Obligations -  12.1% (continued)
Cerberus Loan Funding XL LLC
2023-1A C, 9.79% (3 Month Term SOFR + 4.40%, Rate Floor: 4.40%) due 03/22/35◊,3	12,750,000	$	12,769,069
Neuberger Berman Loan Advisers CLO 32 Ltd.
2021-32A DR, 8.36% (3 Month Term SOFR + 2.96%, Rate Floor: 2.70%) due 01/20/32◊,3	11,500,000		11,190,023
ABPCI Direct Lending Fund IX LLC
2021-9A BR, 8.15% (3 Month Term SOFR + 2.76%, Rate Floor: 2.50%) due 11/18/31◊,3	11,550,000		11,121,297
Atlas Senior Loan Fund IX Ltd.
2018-9A C, 7.48% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 04/20/28◊,3	10,250,000		10,245,115
2018-9A SUB, due 04/20/283,9	9,600,000		239,155
KREF Ltd.
2021-FL2 AS, 6.78% (1 Month Term SOFR + 1.41%, Rate Floor: 1.30%) due 02/15/39◊,3	11,000,000		10,123,917
GoldenTree Loan Management US CLO 1 Ltd.
2021-9A D, 8.58% (3 Month Term SOFR + 3.16%, Rate Floor: 2.90%) due 01/20/33◊,3	9,950,000		9,669,740
THL Credit Lake Shore MM CLO I Ltd.
2021-1A CR, 8.66% (3 Month Term SOFR + 3.26%, Rate Floor: 3.00%) due 04/15/33◊,3	9,900,000		9,435,863
KREF Funding V LLC
7.22% (1 Month Term SOFR + 1.86%, Rate Floor: 1.86%) due 06/25/26◊,†††	9,415,642		9,357,830
0.15% due 06/25/26†††,10	73,636,363		35,345
Cerberus Loan Funding XXXVI, LP
2021-6A B, 7.41% (3 Month Term SOFR + 2.01%, Rate Floor: 1.75%) due 11/22/33◊,3	9,000,000		8,986,441
Golub Capital Partners CLO 16 Ltd.
2021-16A CR2, 8.54% (3 Month Term SOFR + 3.16%, Rate Floor: 2.90%) due 07/25/33◊,3	9,300,000		8,981,022
BCC Middle Market CLO LLC
2021-1A A1R, 7.16% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 10/15/33◊,3	9,000,000		8,898,258
ABPCI Direct Lending Fund CLO V Ltd.
2021-5A BR, 8.58% (3 Month Term SOFR + 3.16%, Rate Floor: 2.90%) due 04/20/31◊,3	9,200,000		8,865,645
Magnetite XXIX Ltd.
2021-29A D, 8.26% (3 Month Term SOFR + 2.86%, Rate Floor: 2.60%) due 01/15/34◊,3	8,800,000		8,809,959
CIFC Funding Ltd.
2021-2A DR, 8.78% (3 Month Term SOFR + 3.36%, Rate Floor: 3.10%) due 04/20/30◊,3	8,100,000		8,030,038
Venture XIV CLO Ltd.
2020-14A CRR, 7.90% (3 Month Term SOFR + 2.51%, Rate Floor: 2.25%) due 08/28/29◊,3	8,000,000		7,997,517
ABPCI Direct Lending Fund CLO VII, LP
2021-7A BR, 8.20% (3 Month Term SOFR + 2.81%, Rate Floor: 2.55%) due 10/20/31◊,3	7,950,000		7,659,563
Madison Park Funding XLVIII Ltd.
2021-48A D, 8.66% (3 Month Term SOFR + 3.26%, Rate Floor: 3.26%) due 04/19/33◊,3	7,500,000		7,415,115
ACRE Commercial Mortgage Ltd.
2021-FL4 D, 8.07% (1 Month Term SOFR + 2.71%, Rate Floor: 2.60%) due 12/18/37◊,3	7,350,000		6,865,342
FS Rialto Issuer LLC
2022-FL5 C, 9.28% (1 Month Term SOFR + 3.92%, Rate Floor: 3.92%) due 06/19/37◊,3	6,950,000		6,807,521
Dryden 37 Senior Loan Fund
2015-37A Q, due 01/15/313,9	9,500,000		6,807,519

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 21.1% (continued)
Collateralized Loan Obligations -  12.1% (continued)
Cerberus Loan Funding XXXIII, LP
2021-3A C, 8.46% (3 Month Term SOFR + 3.06%, Rate Floor: 2.80%) due 07/23/33◊,3	5,900,000	$	5,681,610
ABPCI Direct Lending Fund CLO I LLC
2021-1A C2, 8.68% (3 Month Term SOFR + 3.26%, Rate Floor: 3.26%) due 07/20/33◊,3	5,550,000		5,289,596
CHCP Ltd.
2021-FL1 D, 8.47% (1 Month Term SOFR + 3.11%, Rate Floor: 3.00%) due 02/15/38◊,3	5,500,000		5,231,255
Diamond CLO Ltd.
2021-1A DR, 9.04% (3 Month Term SOFR + 3.66%, Rate Floor: 3.66%) due 04/25/29◊,3	3,166,597		3,154,397
2018-1A D, 9.37% (3 Month Term SOFR + 3.96%, Rate Floor: 3.70%) due 07/22/30◊,3	2,027,360		2,024,978
Cerberus Loan Funding XXXV, LP
2021-5A C, 8.26% (3 Month Term SOFR + 2.86%, Rate Floor: 2.60%) due 09/22/33◊,3	5,150,000		4,909,751
Neuberger Berman Loan Advisers CLO 40 Ltd.
2021-40A D, 8.41% (3 Month Term SOFR + 3.01%, Rate Floor: 2.75%) due 04/16/33◊,3	4,050,000		3,958,469
WhiteHorse X Ltd.
2015-10A E, 10.96% (3 Month Term SOFR + 5.56%, Rate Floor: 5.30%) due 04/17/27◊,3	3,696,507		3,696,163
Wind River CLO Ltd.
2018-1A ARR, 6.71% (3 Month Term SOFR + 1.31%, Rate Floor: 1.05%) due 07/18/31◊,3	3,620,204		3,614,466
Octagon Loan Funding Ltd.
2014-1A SUB, due 11/18/313,9	19,435,737		3,461,855
Wellfleet CLO Ltd.
2021-3A C, 7.91% (3 Month Term SOFR + 2.51%, Rate Floor: 2.25%) due 01/15/35◊,3	3,400,000		3,326,489
HGI CRE CLO Ltd.
2021-FL2 D, 7.62% (1 Month Term SOFR + 2.26%, Rate Floor: 2.26%) due 09/17/36◊,3	1,600,000		1,498,393
2021-FL2 E, 7.92% (1 Month Term SOFR + 2.56%, Rate Floor: 2.56%) due 09/17/36◊,3	1,200,000		1,125,808
BDS Ltd.
2021-FL9 E, 8.07% (1 Month Term SOFR + 2.71%, Rate Floor: 2.60%) due 11/16/38◊,3	2,700,000		2,501,547
Denali Capital CLO XI Ltd.
2018-1A BRR, 7.83% (3 Month Term SOFR + 2.41%, Rate Floor: 0.26%) due 10/20/28◊,3	2,500,000		2,498,848
Dryden 50 Senior Loan Fund
2017-50A SUB, due 07/15/303,9	7,895,000		2,466,872
Carlyle Global Market Strategies CLO Ltd.
2012-3A SUB, due 01/14/323,9	6,400,000		1,735,680
2013-3X SUB, due 10/15/309	4,938,326		277,435
KVK CLO Ltd.
2013-1A SUB, due 01/14/283,9	11,900,000		1,969,450
Goldentree Loan Management US CLO 4 Ltd.
2021-4A DR, 8.81% (3 Month Term SOFR + 3.41%, Rate Floor: 3.15%) due 04/24/31◊,3	2,000,000		1,952,891
PFP Ltd.
2021-7 E, 8.48% (1 Month Term SOFR + 3.11%, Rate Floor: 3.00%) due 04/14/38◊,3	1,789,911		1,701,217
BNPP IP CLO Ltd.
2014-2A E, 10.90% (3 Month Term SOFR + 5.51%, Rate Floor: 0.00%) due 10/30/25◊,3	6,330,628		1,578,225
AMMC CLO XI Ltd.
2012-11A SUB, due 04/30/313,9	5,650,000		1,234,158
Dryden 41 Senior Loan Fund
2015-41A SUB, due 04/15/313,9	11,700,000		1,015,537
Great Lakes CLO Ltd.
2014-1A SUB, due 10/15/293,9	1,500,000		582,052

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 21.1% (continued)
Collateralized Loan Obligations -  12.1% (continued)
Venture XIII CLO Ltd.
2013-13A SUB, due 09/10/293,9	13,790,000	$	376,274
Babson CLO Ltd.
2014-IA SUB, due 07/20/253,9	11,595,061		320,256
Marathon CLO V Ltd.
2013-5A SUB, due 11/21/273,9	5,500,000		212,553
Dryden Senior Loan Fund
2015-37X SUB, due 01/15/319	1,897,598		197,857
Treman Park CLO Ltd.
2015-1A SUB, due 10/20/283,9	18,918,010		74,348
Copper River CLO Ltd.
2007-1A INC, due 01/20/218,9	8,150,000		815
West CLO Ltd.
2013-1A SUB, due 11/07/253,9	5,300,000		530
Total Collateralized Loan Obligations			740,222,428
Transport-Aircraft -  3.0%
AASET Trust
2021-1A, 2.95% due 11/16/413	16,894,610		15,137,570
2020-1A, 3.35% due 01/16/403	5,124,776		4,524,761
2021-2A, 3.54% due 01/15/473	3,256,367		2,626,390
2017-1A, 3.97% due 05/16/423	2,831,013		2,589,260
2020-1A, 4.34% due 01/16/403	3,751,347		2,100,858
KDAC Aviation Finance Ltd.
2017-1A, 4.21% due 12/15/423	27,495,979		23,099,616
Raspro Trust
2005-1A, 6.18% (3 Month Term SOFR + 1.19%, Rate Floor: 0.93%) due 03/23/24◊,3	15,020,380		14,953,990
Sprite Ltd.
2021-1, 3.75% due 11/15/463	15,124,069		13,861,663
GAIA Aviation Ltd.
2019-1, 3.97% due 12/15/443,11	10,969,023		9,950,800
2019-1, 5.19% due 12/15/443,11	4,716,821		3,888,882
Castlelake Aircraft Securitization Trust
2018-1, 4.13% due 06/15/433	9,093,784		8,290,405
2019-1A, 3.97% due 04/15/393	5,460,203		4,757,535
Falcon Aerospace Ltd.
2017-1, 4.58% due 02/15/423	7,328,038		6,850,145
2019-1, 3.60% due 09/15/393	4,062,797		3,708,795
2017-1, 6.30% due 02/15/423	2,630,739		2,303,199
JOL Air Ltd.
2019-1, 3.97% due 04/15/443	9,349,248		8,506,439
Sapphire Aviation Finance I Ltd.
2018-1A, 4.25% due 03/15/403	8,444,981		7,518,651
Labrador Aviation Finance Ltd.
2016-1A, 4.30% due 01/15/423	8,369,221		7,114,109
AASET US Ltd.
2018-2A, 4.45% due 11/18/383	7,987,726		6,994,307
Sapphire Aviation Finance II Ltd.
2020-1A, 4.34% due 03/15/403	8,173,103		5,889,936
2020-1A, 3.23% due 03/15/403	499,038		425,734
WAVE LLC
2019-1, 3.60% due 09/15/443	6,335,133		5,289,963
Project Silver
2019-1, 3.97% due 07/15/443	5,450,430		4,566,868
Navigator Aircraft ABS Ltd.
2021-1, 3.57% due 11/15/463	5,457,031		4,441,096
Lunar Structured Aircraft Portfolio Notes
2021-1, 3.43% due 10/15/463	4,990,574		4,097,760
MACH 1 Cayman Ltd.
2019-1, 3.47% due 10/15/393	3,392,171		2,930,216
MAPS Ltd.
2018-1A, 4.21% due 05/15/433	3,022,216		2,709,326
Slam Ltd.
2021-1A, 3.42% due 06/15/463	3,037,320		2,551,470
Castlelake Aircraft Structured Trust
2021-1A, 6.66% due 01/15/463	2,538,516		2,089,512

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Face Amount~		Value
ASSET-BACKED SECURITIES†† - 21.1% (continued)
Transport-Aircraft -  3.0% (continued)
MAPS Trust
2021-1A, 2.52% due 06/15/463		1,229,218	$	1,080,069
Total Transport-Aircraft				184,849,325
Financial -  2.6%
HarbourVest Structured Solutions IV Holdings, LP
7.61% (3 Month USD LIBOR + 2.45%, Rate Floor: 2.45%) due 09/15/26◊,†††		21,755,302		21,749,645
6.05% (3 Month EURIBOR + 2.45%, Rate Floor: 2.45%) due 09/15/26◊,†††	EUR	12,900,000		14,248,831
KKR Core Holding Company LLC
4.00% due 08/12/31†††		23,809,039		21,406,945
Thunderbird A
5.50% due 03/01/37†††		19,517,569		18,386,916
Lightning A
5.50% due 03/01/37†††		19,226,431		18,112,644
Project Onyx I
7.67% due 01/26/27†††		16,748,588		16,743,564
Ceamer Finance LLC
6.92% due 11/15/37†††		10,681,320		10,411,938
3.69% due 03/24/31†††		4,973,055		4,658,311
Bib Merchant Voucher Receivables Ltd.
4.18% due 04/07/28†††		11,024,582		10,522,302
Nassau LLC
2019-1, 3.98% due 08/15/343		10,515,028		10,074,470
Project Onyx II
7.67% due 01/26/27†††		5,416,917		5,414,804
Thunderbird B
7.50% due 03/01/37†††		3,925,948		3,679,909
Lightning B
7.50% due 03/01/37†††		3,867,386		3,625,016
Total Financial				159,035,295
Infrastructure -  1.2%
VB-S1 Issuer LLC - VBTEL
2022-1A, 5.27% due 02/15/523		39,650,000		34,117,307
Hotwire Funding LLC
2023-1A, 8.84% due 05/20/533		20,000,000		18,748,714
2021-1, 4.46% due 11/20/513		11,750,000		9,952,883
Vault DI Issuer LLC
2021-1A, 2.80% due 07/15/463		7,150,000		6,253,690
Blue Stream Issuer LLC
2023-1A, 6.90% due 05/20/533		3,400,000		3,235,865
Total Infrastructure				72,308,459
Whole Business -  0.8%
TSGE
2017-1, 6.25% due 09/25/31†††		38,146,556		38,146,556
Applebee's Funding LLC / IHOP Funding LLC
2019-1A, 4.72% due 06/05/493		9,742,590		9,333,908
Taco Bell Funding LLC
2016-1A, 4.97% due 05/25/463		2,648,438		2,607,448
Wendy's Funding LLC
2018-1A, 3.88% due 03/15/483		375,988		349,257
Total Whole Business				50,437,169
Net Lease -  0.7%
CARS-DB4, LP
2020-1A, 4.95% due 02/15/503		27,799,000		23,222,757
CARS-DB7, LP
2023-1A, 6.50% due 09/15/533		11,264,688		11,292,961
SVC ABS LLC
2023-1A, 5.55% due 02/20/533		5,937,604		5,577,139
Total Net Lease				40,092,857
Single Family Residence -  0.5%
FirstKey Homes Trust
2020-SFR2, 4.00% due 10/19/373		13,550,000		12,650,849
2020-SFR2, 4.50% due 10/19/373		13,250,000		12,407,793
2020-SFR2, 3.37% due 10/19/373		8,550,000		7,925,089
Total Single Family Residence				32,983,731
Insurance -  0.1%
CHEST
7.13% due 03/15/43†††		5,700,000		5,776,665
Collateralized Debt Obligations -  0.1%
Anchorage Credit Funding 4 Ltd.
2021-4A CR, 3.52% due 04/27/393		4,250,000		3,518,840
Total Asset-Backed Securities
(Cost $1,355,456,550)				1,289,224,769
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 15.5%
Government Agency -  7.7%
Fannie Mae
5.50% due 05/01/5315		109,570,460		110,013,401
3.00% due 06/01/52		42,284,498		37,647,779

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 15.5% (continued)
Government Agency -  7.7% (continued)
5.00% due 05/01/53	35,782,956	$	35,413,175
5.00% due 08/01/53	22,776,791		22,539,065
3.00% due 03/01/52	17,945,182		15,927,273
2.00% due 03/01/52	18,235,561		15,022,075
2.50% due 10/01/51	15,214,080		13,006,740
5.00% due 09/01/52	8,360,618		8,282,036
5.00% due 06/01/53	7,619,856		7,541,309
Freddie Mac
5.50% due 02/01/53	56,660,720		57,228,611
5.00% due 06/01/53	29,026,585		28,822,275
5.00% due 02/01/53	25,654,251		25,497,114
3.00% due 06/01/52	26,869,092		23,922,924
5.00% due 09/01/52	21,934,661		21,728,495
5.00% due 03/01/53	19,457,068		19,261,519
3.00% due 07/01/52	17,430,306		15,503,886
5.00% due 08/01/53	9,713,649		9,806,547
3.00% due 08/01/52	5,637,517		5,020,262
Total Government Agency			472,184,486
Residential Mortgage-Backed Securities -  6.2%
JP Morgan Mortgage Acquisition Trust
2006-WMC4, 5.62% (1 Month Term SOFR + 0.26%, Rate Floor: 0.15%) due 12/25/36◊	20,658,846		10,888,294
2006-WMC3, 5.77% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 08/25/36◊	8,110,448		5,636,489
2006-HE3, 5.79% (1 Month Term SOFR + 0.43%, Rate Floor: 0.32%) due 11/25/36◊	4,968,850		4,424,859
2006-WMC4, 5.59% (1 Month Term SOFR + 0.23%, Rate Floor: 0.12%) due 12/25/36◊	7,110,957		3,737,179
2006-WMC4, 5.55% (1 Month Term SOFR + 0.19%, Rate Floor: 0.08%) due 12/25/36◊	3,006,761		1,573,616
LSTAR Securities Investment Ltd.
2023-1, 8.83% (SOFR + 3.50%, Rate Floor: 0.00%) due 01/01/28◊,3	25,515,316		25,406,332
BRAVO Residential Funding Trust
2022-R1, 3.13% due 01/29/703,11	24,847,055		23,207,622
Ameriquest Mortgage Securities Trust
2006-M3, 5.65% (1 Month Term SOFR + 0.29%, Rate Floor: 0.18%) due 10/25/36◊	18,905,169		10,391,648
2006-M3, 5.71% (1 Month Term SOFR + 0.35%, Rate Floor: 0.24%) due 10/25/36◊	31,120,498		8,942,764
2006-M3, 5.57% (1 Month Term SOFR + 0.21%, Rate Floor: 0.10%) due 10/25/36◊	12,937,365		3,717,824
WaMu Asset-Backed Certificates WaMu Series
2007-HE2, 5.83% (1 Month Term SOFR + 0.47%, Rate Floor: 0.47%) due 04/25/37◊	23,448,391		8,711,481
2007-HE2, 5.66% (1 Month Term SOFR + 0.30%, Rate Floor: 0.30%) due 04/25/37◊	17,867,467		6,593,781
2007-HE4, 5.64% (1 Month Term SOFR + 0.28%, Rate Floor: 0.28%) due 07/25/47◊	6,448,684		4,607,245
2007-HE4, 5.72% (1 Month Term SOFR + 0.36%, Rate Floor: 0.36%) due 07/25/47◊	1,955,938		1,142,221
RALI Series Trust
2006-QO6, 5.83% (1 Month Term SOFR + 0.47%, Rate Floor: 0.36%) due 06/25/46◊	30,674,404		7,110,572
2007-QO2, 5.62% (1 Month Term SOFR + 0.26%, Rate Floor: 0.15%) due 02/25/47◊	12,852,328		4,589,528
2006-QO8, 5.87% (1 Month Term SOFR + 0.51%, Rate Floor: 0.40%) due 10/25/46◊	3,335,318		3,056,175
2006-QO6, 5.93% (1 Month Term SOFR + 0.57%, Rate Floor: 0.46%) due 06/25/46◊	7,981,062		1,893,293
2006-QO6, 5.99% (1 Month Term SOFR + 0.63%, Rate Floor: 0.52%) due 06/25/46◊	5,035,370		1,211,007
2006-QO2, 6.01% (1 Month Term SOFR + 0.65%, Rate Floor: 0.54%) due 02/25/46◊	5,947,913		1,184,747
2006-QO2, 6.15% (1 Month Term SOFR + 0.79%, Rate Floor: 0.68%) due 02/25/46◊	3,182,638		655,697

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 15.5% (continued)
Residential Mortgage-Backed Securities -  6.2% (continued)
2006-QO2, 5.91% (1 Month Term SOFR + 0.55%, Rate Floor: 0.44%) due 02/25/46◊	213,333	$	41,421
Long Beach Mortgage Loan Trust
2006-6, 5.97% (1 Month Term SOFR + 0.61%, Rate Floor: 0.50%) due 07/25/36◊	13,629,966		5,305,022
2006-8, 5.79% (1 Month Term SOFR + 0.43%, Rate Floor: 0.32%) due 09/25/36◊	16,249,058		4,415,711
2006-1, 5.85% (1 Month Term SOFR + 0.49%, Rate Floor: 0.38%) due 02/25/36◊	3,648,402		2,890,799
2006-4, 5.79% (1 Month Term SOFR + 0.43%, Rate Floor: 0.32%) due 05/25/36◊	9,773,181		2,850,889
2006-6, 5.77% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 07/25/36◊	4,244,206		1,638,054
2006-8, 5.65% (1 Month Term SOFR + 0.29%, Rate Floor: 0.18%) due 09/25/36◊	4,403,189		1,190,593
2006-6, 5.67% (1 Month Term SOFR + 0.31%, Rate Floor: 0.20%) due 07/25/36◊	2,456,881		942,976
OBX Trust
2022-NQM9, 6.45% due 09/25/623,11	7,419,742		7,407,556
2023-NQM2, 6.80% due 01/25/623,11	6,312,744		6,335,145
2022-NQM8, 6.10% due 09/25/623,11	4,247,063		4,191,980
American Home Mortgage Assets Trust
2006-6, 5.68% (1 Month Term SOFR + 0.32%, Rate Floor: 0.21%) due 12/25/46◊	7,263,637		5,976,334
2006-1, 5.66% (1 Month Term SOFR + 0.30%, Rate Floor: 0.19%) due 05/25/46◊	6,020,812		5,128,968
2006-3, 5.95% (1 Year CMT Rate + 0.94%, Rate Floor: 0.94%) due 10/25/46◊	4,843,801		3,273,362
Morgan Stanley IXIS Real Estate Capital Trust
2006-2, 5.69% (1 Month Term SOFR + 0.33%, Rate Floor: 0.22%) due 11/25/36◊	21,532,750		7,067,667
2006-2, 5.62% (1 Month Term SOFR + 0.26%, Rate Floor: 0.15%) due 11/25/36◊	18,934,945		6,213,440
NYMT Loan Trust
2022-SP1, 5.25% due 07/25/623,11	12,809,831		12,432,350
GCAT Trust
2022-NQM5, 5.71% due 08/25/673,11	8,760,214		8,604,331
2023-NQM2, 6.60% due 11/25/673,11	2,948,109		2,941,230
Morgan Stanley ABS Capital I Incorporated Trust
2006-HE8, 5.69% (1 Month Term SOFR + 0.33%, Rate Floor: 0.22%) due 10/25/36◊	18,713,654		7,933,289
2006-HE6, 5.67% (1 Month Term SOFR + 0.31%, Rate Floor: 0.20%) due 09/25/36◊	4,286,865		1,481,309
2007-HE4, 5.70% (1 Month Term SOFR + 0.34%, Rate Floor: 0.23%) due 02/25/37◊	3,728,202		1,182,873
GSAMP Trust
2007-NC1, 5.60% (1 Month Term SOFR + 0.24%, Rate Floor: 0.13%) due 12/25/46◊	17,803,923		9,370,075
IXIS Real Estate Capital Trust
2007-HE1, 5.63% (1 Month Term SOFR + 0.27%, Rate Floor: 0.16%) due 05/25/37◊	23,555,934		5,445,668
2007-HE1, 5.70% (1 Month Term SOFR + 0.34%, Rate Floor: 0.23%) due 05/25/37◊	16,689,048		3,858,274
Master Asset-Backed Securities Trust
2006-WMC3, 5.79% (1 Month Term SOFR + 0.43%, Rate Floor: 0.32%) due 08/25/36◊	9,883,499		3,580,797
2006-HE3, 5.67% (1 Month Term SOFR + 0.31%, Rate Floor: 0.20%) due 08/25/36◊	9,340,638		2,821,231

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 15.5% (continued)
Residential Mortgage-Backed Securities -  6.2% (continued)
2006-HE3, 5.77% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 08/25/36◊	7,853,246	$	2,371,982
Citigroup Mortgage Loan Trust, Inc.
2007-AMC3, 5.72% (1 Month Term SOFR + 0.36%, Rate Floor: 0.25%) due 03/25/37◊	9,549,434		7,802,664
GSAA Home Equity Trust
2006-3, 6.07% (1 Month Term SOFR + 0.71%, Rate Floor: 0.60%) due 03/25/36◊	10,010,598		5,303,853
2006-9, 5.95% (1 Month Term SOFR + 0.59%, Rate Floor: 0.48%) due 06/25/36◊	7,221,450		2,024,536
2007-7, 6.01% (1 Month Term SOFR + 0.65%, Rate Floor: 0.54%) due 07/25/37◊	370,594		341,073
CFMT LLC
2022-HB9, 3.25% (WAC) due 09/25/37◊,8	8,650,000		7,429,678
OSAT Trust
2021-RPL1, 2.12% due 05/25/653,11	7,094,404		6,901,145
PRPM LLC
2023-1, 6.88% (WAC) due 02/25/28◊,3	6,013,250		6,072,593
Home Equity Loan Trust
2007-FRE1, 5.66% (1 Month Term SOFR + 0.30%, Rate Floor: 0.19%) due 04/25/37◊	6,235,521		5,821,831
Argent Securities Trust
2006-W5, 5.77% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 06/25/36◊	8,631,074		5,537,232
First NLC Trust
2007-1, 5.75% (1 Month Term SOFR + 0.39%, Rate Floor: 0.28%) due 08/25/37◊,3	6,393,529		3,123,367
2007-1, 5.54% (1 Month Term SOFR + 0.18%, Rate Floor: 0.07%) due 08/25/37◊,3	4,848,418		2,367,025
Lehman XS Trust Series
2006-18N, 5.83% (1 Month Term SOFR + 0.47%, Rate Floor: 0.36%) due 12/25/36◊	3,565,050		3,399,554
2006-10N, 5.89% (1 Month Term SOFR + 0.53%, Rate Floor: 0.42%) due 07/25/46◊	2,275,472		2,049,777
Saluda Grade Alternative Mortgage Trust
2023-FIG4, 7.12% due 11/25/533	5,075,000		5,156,707
Merrill Lynch Mortgage Investors Trust Series
2007-HE2, 5.89% (1 Month Term SOFR + 0.53%, Rate Floor: 0.42%) due 02/25/37◊	6,811,192		1,996,527
2007-HE2, 5.99% (1 Month Term SOFR + 0.63%, Rate Floor: 0.52%) due 02/25/37◊	4,930,327		1,445,197
2007-HE2, 5.71% (1 Month Term SOFR + 0.35%, Rate Floor: 0.24%) due 02/25/37◊	3,920,116		1,149,029
2007-HE2, 6.31% (1 Month Term SOFR + 0.95%, Rate Floor: 0.84%) due 02/25/37◊	1,595,235		467,580
Alternative Loan Trust
2007-OA7, 5.83% (1 Month Term SOFR + 0.47%, Rate Floor: 0.36%) due 05/25/47◊	5,873,882		4,966,775
WaMu Asset-Backed Certificates WaMu Series Trust
2007-HE1, 5.70% (1 Month Term SOFR + 0.34%, Rate Floor: 0.34%) due 01/25/37◊	7,090,033		3,281,635
2007-HE4, 5.64% (1 Month Term SOFR + 0.28%, Rate Floor: 0.28%) due 07/25/47◊	2,739,409		1,597,737
Citigroup Mortgage Loan Trust
2022-A, 6.17% due 09/25/623,11	4,612,681		4,629,578
Verus Securitization Trust
2022-8, 6.13% due 09/25/673,11	4,477,519		4,445,559
ACE Securities Corporation Home Equity Loan Trust Series
2007-ASP1, 6.23% (1 Month Term SOFR + 0.87%, Rate Floor: 0.76%) due 03/25/37◊	10,468,932		4,199,358

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 15.5% (continued)
Residential Mortgage-Backed Securities -  6.2% (continued)
HSI Asset Securitization Corporation Trust
2007-HE1, 5.66% (1 Month Term SOFR + 0.30%, Rate Floor: 0.19%) due 01/25/37◊	5,615,932	$	3,869,062
Finance of America HECM Buyout
2022-HB2, 6.00% (WAC) due 08/01/32◊,3	3,850,000		3,699,736
CSMC Trust
2020-RPL5, 3.02% (WAC) due 08/25/60◊,3	3,278,802		3,318,361
First Franklin Mortgage Loan Trust
2006-FF16, 5.89% (1 Month Term SOFR + 0.53%, Rate Floor: 0.42%) due 12/25/36◊	7,255,958		2,930,202
Washington Mutual Mortgage Pass-Through Certificates WMALT Series Trust
2006-AR9, 5.85% (1 Year CMT Rate + 0.84%, Rate Floor: 0.84%) due 11/25/46◊	3,579,896		2,868,758
Morgan Stanley Mortgage Loan Trust
2006-9AR, 5.77% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 08/25/36◊	8,029,307		1,991,519
Alliance Bancorp Trust
2007-OA1, 5.95% (1 Month Term SOFR + 0.59%, Rate Floor: 0.48%) due 07/25/37◊	1,895,411		1,593,584
Nomura Resecuritization Trust
2015-4R, 3.00% (1 Month Term SOFR + 0.54%, Rate Floor: 0.43%) due 03/26/36◊	1,358,889		1,275,557
Morgan Stanley Re-REMIC Trust
2010-R5, 0.00% due 06/26/36	472,358		417,888
Asset-Backed Securities Corporation Home Equity Loan Trust
2006-HE5, 5.75% (1 Month Term SOFR + 0.39%, Rate Floor: 0.28%) due 07/25/36◊	26,994		26,825
Total Residential Mortgage-Backed Securities			379,077,202
Commercial Mortgage-Backed Securities -  1.3%
BX Commercial Mortgage Trust
2021-VOLT, 7.48% (1 Month Term SOFR + 2.11%, Rate Floor: 2.00%) due 09/15/36◊,3	19,750,000		18,882,159
2019-XL, 7.78% (1 Month Term SOFR + 2.41%, Rate Floor: 2.30%) due 10/15/36◊,3	1,989,000		1,958,664
GS Mortgage Securities Corporation Trust
2020-UPTN, 3.25% (WAC) due 02/10/37◊,3	8,256,000		7,375,565
2020-DUNE, 8.14% (1 Month Term SOFR + 2.61%, Rate Floor: 2.50%) due 12/15/36◊,3	7,340,000		7,035,106
2020-DUNE, 7.54% (1 Month Term SOFR + 2.01%, Rate Floor: 1.90%) due 12/15/36◊,3	2,750,000		2,659,650
BX Trust
2023-DELC, 8.70% (1 Month Term SOFR + 3.34%, Rate Floor: 3.34%) due 05/15/38◊,3	10,650,000		10,663,339
JP Morgan Chase Commercial Mortgage Securities Trust
2021-NYAH, 8.12% (1 Month Term SOFR + 2.75%, Rate Floor: 2.64%) due 06/15/38◊,3	15,000,000		10,551,878
SMRT
2022-MINI, 7.31% (1 Month Term SOFR + 1.95%, Rate Floor: 1.95%) due 01/15/39◊,3	10,000,000		9,510,638

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 15.5% (continued)
Commercial Mortgage-Backed Securities -  1.3% (continued)
MHP
2022-MHIL, 7.97% (1 Month Term SOFR + 2.61%, Rate Floor: 2.61%) due 01/15/27◊,3		8,204,525	$	7,787,604
Total Commercial Mortgage-Backed Securities				76,424,603
Military Housing -  0.3%
Freddie Mac Military Housing Bonds Resecuritization Trust Certificates
2015-R1, 0.70% (WAC) due 11/25/52◊,3,10		152,572,031		8,670,287
2015-R1, 0.70% (WAC) due 11/25/55◊,3,10		63,663,203		4,029,887
Capmark Military Housing Trust
2007-AET2, 6.06% due 10/10/52†††,3		5,455,630		5,355,356
Total Military Housing				18,055,530
Total Collateralized Mortgage Obligations
(Cost $1,075,084,817)				945,741,821
SENIOR FLOATING RATE INTERESTS††,◊ - 12.7%
Consumer, Cyclical -  3.4%
MB2 Dental Solutions LLC
11.46% (1 Month Term SOFR + 6.00%, Rate Floor: 7.00%) due 01/29/27†††		31,379,061		31,045,749
Zephyr Bidco Ltd.
11.19% (1 Month GBP SONIA + 6.00%, Rate Floor: 6.00%) due 07/31/28	GBP	20,850,000		26,100,444
FR Refuel LLC
10.22% (1 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 11/08/28		20,876,954		20,250,646
Alexander Mann
11.41% (1 Month SOFR + 6.00%, Rate Floor: 6.00%) due 06/29/27		16,025,787		15,571,777
First Brands Group LLC
10.88% (6 Month Term SOFR + 5.00%, Rate Floor: 6.00%) due 03/30/27		14,472,612		14,332,221
Pacific Bells LLC
10.11% (3 Month Term SOFR + 4.50%, Rate Floor: 5.00%) due 11/10/28		12,004,738		11,933,429
Rent-A-Center, Inc.
9.12% (6 Month Term SOFR + 3.25%, Rate Floor: 3.75%) due 02/17/28		9,836,567		9,824,271
The Facilities Group
11.24% (3 Month Term SOFR + 5.75%, Rate Floor: 5.75%) due 11/30/27†††		8,393,647		8,225,774
NFM & J LLC
11.23% (3 Month Term SOFR + 5.75%, Rate Floor: 5.75%) due 11/30/27†††		8,257,767		8,092,612
Holding SOCOTEC
9.57% (3 Month Term SOFR + 4.26%, Rate Floor: 5.01%) due 06/30/28		7,007,000		6,919,412
BCP V Modular Services Holdings IV Ltd.
8.35% (3 Month EURIBOR + 4.43%, Rate Floor: 4.43%) due 12/15/28	EUR	6,400,000		6,735,901
Shaw Development LLC
11.46% (6 Month Term SOFR + 6.00%, Rate Floor: 6.00%) due 10/30/29†††		6,165,957		6,046,014
Packers Holdings LLC
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 03/09/28		9,173,250		5,737,868
Accuride Corp.
12.23% (1 Month Term SOFR + 1.62%, Rate Floor: 10.61%) (in-kind rate was 1.62%) due 05/18/2612		5,889,581		4,770,561
Flamingo
7.42% (3 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 03/27/28	EUR	4,045,312		4,195,492
Galls LLC
12.28% (3 Month Term SOFR + 6.75%, Rate Floor: 6.75%) due 01/31/25†††		3,916,258		3,818,351
12.19% ((1 Month Term SOFR + 6.75%) and (3 Month Term SOFR + 6.75%), Rate Floor: 6.75%) due 01/31/24†††		312,973		305,148

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 12.7% (continued)
Consumer, Cyclical -  3.4% (continued)
Peer Holding III BV
8.60% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/18/30		3,500,000	$	3,507,280
ScribeAmerica Intermediate Holdco LLC (Healthchannels)
9.97% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 04/03/25		4,663,808		3,223,857
Orion Group
11.88% (3 Month Term SOFR + 6.25%, Rate Floor: 6.25%) due 03/19/27†††		1,439,960		1,414,261
11.86% (1 Month Term SOFR + 6.36%, Rate Floor: 7.36%) due 03/19/27†††		1,420,050		1,394,705
11.52% (3 Month Term SOFR + 6.00%, Rate Floor: 6.00%) due 03/19/27†††		154,662		140,935
Congruex Group LLC
11.28% (3 Month Term SOFR + 5.75%, Rate Floor: 5.75%) due 05/03/29†††		2,759,654		2,621,672
Albion Financing 3 SARL
9.25% (3 Month EURIBOR + 5.25%, Rate Floor: 5.25%) due 08/17/26	EUR	2,300,000		2,541,353
SHO Holding I Corp.
10.89% (3 Month Term SOFR + 5.25%, Rate Floor: 5.25%) due 04/29/24		3,556,498		2,311,723
10.87% (3 Month Term SOFR + 5.23%, Rate Floor: 5.23%) due 04/29/24		60,373		39,243
ImageFIRST Holdings LLC
10.47% (6 Month Term SOFR + 5.00%, Rate Floor: 5.75%) due 04/27/28		2,084,951		2,074,526
Adevinta ASA
6.43% (3 Month EURIBOR + 2.50%, Rate Floor: 2.50%) due 06/26/28	EUR	1,776,667		1,960,533
Checkers Holdings, Inc.
20.72% (6 Month Term SOFR + 9.00%, Rate Floor: 14.72%) (in-kind rate was 6.00%) due 06/16/28†††,12		1,244,612		1,244,612
16.72% (6 Month Term SOFR + 7.00%, Rate Floor: 12.72%) (in-kind rate was 4.00%) due 06/16/27†††,12		177,210		177,210
EG Finco Ltd.
11.72% (1 Month GBP SONIA + 6.50%, Rate Floor: 6.50%) due 02/07/28	GBP	567,079		687,390
CD&R Firefly Bidco Ltd.
9.54% (3 Month GBP SONIA + 4.25%, Rate Floor: 4.25%) due 06/23/25†††	GBP	441,031		556,623
WW International, Inc.
8.97% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 04/13/28		750,000		527,497
Verisure Holding AB
6.93% (3 Month EURIBOR + 3.00%, Rate Floor: 3.00%) due 03/27/28	EUR	370,000		404,810
Total Consumer, Cyclical				208,733,900
Consumer, Non-cyclical -  3.2%
Women's Care Holdings, Inc.
10.05% (6 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 01/17/28		30,597,887		25,969,957
Mission Veterinary Partners
9.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 04/27/28		20,970,003		20,773,514
Quirch Foods Holdings LLC
10.39% (3 Month Term SOFR + 4.75%, Rate Floor: 5.75%) due 10/27/27		15,138,692		15,110,383
Dhanani Group, Inc.
11.46% (1 Month Term SOFR + 6.00%, Rate Floor: 6.00%) due 06/10/27†††		14,365,909		14,222,250
PetIQ LLC
10.17% (6 Month Term SOFR + 4.25%, Rate Floor: 4.75%) due 04/13/28†††		14,137,753		13,996,376

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 12.7% (continued)
Consumer, Non-cyclical -  3.2% (continued)
Blue Ribbon LLC
11.63% (3 Month Term SOFR + 6.00%, Rate Floor: 6.00%) due 05/08/28		15,802,051	$	13,609,517
LaserAway Intermediate Holdings II LLC
11.41% (3 Month Term SOFR + 5.75%, Rate Floor: 5.75%) due 10/14/27		12,283,843		12,084,231
Southern Veterinary Partners LLC
9.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 10/05/27		11,224,442		11,176,738
HAH Group Holding Co. LLC
10.46% (1 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 10/29/27		10,666,873		10,578,138
Nidda Healthcare Holding GmbH
7.46% (3 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 08/21/26	EUR	7,897,239		8,653,389
Florida Food Products LLC
10.47% (1 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 10/18/28		8,734,223		7,598,774
Gibson Brands, Inc.
10.66% (3 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 08/11/28		8,134,000		7,239,260
Hearthside Group Holdings LLC
9.65% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 05/23/25		4,923,437		3,936,977
9.34% (3 Month Term SOFR + 3.69%, Rate Floor: 3.69%) due 05/23/25		3,516,631		2,800,117
Sigma Holding BV (Flora Food)
7.41% (6 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 07/02/25	EUR	5,766,245		6,353,376
Endo Luxembourg Finance Company I SARL
14.50% (Commercial Prime Lending Rate + 6.00%, Rate Floor: 7.75%) due 03/27/28		7,653,125		4,993,664
Confluent Health LLC
9.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 11/30/28		5,024,912		4,924,414
EyeCare Partners LLC
9.39% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 11/15/28		7,982,813		3,820,335
9.39% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 02/18/27		2,123,178		1,027,384
Medical Solutions Parent Holdings, Inc.
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 11/01/28		2,234,705		2,079,214
Resonetics LLC
9.65% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 04/28/28		1,766,431		1,764,594
Heritage Grocers Group LLC
12.20% (3 Month Term SOFR + 6.85%, Rate Floor: 7.60%) due 08/01/29		1,691,457		1,688,920
Moran Foods LLC
12.70% (3 Month Term SOFR + 7.35%, Rate Floor: 8.35%) due 06/30/26†††		624,540		467,154
12.70% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) (in-kind rate was 10.70%) due 06/30/26†††,12		375,437		195,778
Weber-Stephen Products LLC
9.71% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 10/29/27		417,563		363,542

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 12.7% (continued)
Consumer, Non-cyclical -  3.2% (continued)
TGP Holdings LLC
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 06/29/28		211,698	$	184,177
Total Consumer, Non-cyclical				195,612,173
Technology -  2.1%
Sitecore Holding III A/S
13.38% (6 Month Term SOFR + 7.75%, Rate Floor: 7.75%) due 03/12/29†††		13,405,774		13,353,491
11.83% (6 Month EURIBOR + 7.75%, Rate Floor: 7.75%) due 03/12/29†††	EUR	9,463,929		10,409,695
Datix Bidco Ltd.
9.94% (6 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 04/28/25†††		9,112,505		9,066,943
12.94% (6 Month GBP SONIA + 7.75%, Rate Floor: 7.75%) due 04/27/26†††	GBP	4,225,000		5,378,135
9.69% (6 Month GBP SONIA + 4.50%, Rate Floor: 4.50%) due 04/28/25†††	GBP	1,000,000		1,268,469
13.19% (6 Month Term SOFR + 7.75%, Rate Floor: 7.75%) due 04/27/26†††		461,709		461,017
Avalara, Inc.
12.60% (3 Month Term SOFR + 7.25%, Rate Floor: 7.25%) due 10/19/28†††		16,000,000		15,815,182
Polaris Newco LLC
8.76% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 06/04/26†††		15,835,988		14,873,340
Aston FinCo SARL
9.96% (1 Month GBP SONIA + 4.77%, Rate Floor: 4.77%) due 10/09/26	GBP	12,676,300		13,359,234
Project Ruby Ultimate Parent Corp.
10.22% (1 Month Term SOFR + 4.86%, Rate Floor: 5.61%) due 03/10/28†††		12,369,000		12,186,211
RLDatix
9.69% (3 Month GBP SONIA + 4.50%, Rate Floor: 4.50%) due 10/28/24†††	GBP	5,637,299		7,139,385
9.94% (6 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 04/28/25†††		3,400,533		3,383,531
13.19% (6 Month Term SOFR + 7.75%, Rate Floor: 7.75%) due 04/27/26†††		912,001		910,633
Finastra
12.71% (6 Month Term SOFR + 7.25%, Rate Floor: 7.25%) due 09/13/29†††		7,669,000		7,603,453
Team.Blue Finco SARL
7.13% (3 Month EURIBOR + 3.20%, Rate Floor: 3.20%) due 03/30/28	EUR	4,026,144		4,306,898
Atlas CC Acquisition Corp.
9.90% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 05/25/28		3,045,792		2,827,409
24-7 Intouch, Inc.
10.21% (1 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 08/25/25		2,192,343		2,148,496
Finastra USA, Inc.
12.61% (1 Month Term SOFR + 7.25%, Rate Floor: 7.25%) due 09/13/29†††		345,165		304,625
Total Technology				124,796,147
Industrial -  1.6%
United Airlines, Inc.
9.22% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 04/21/28		19,788,520		19,832,451
CapStone Acquisition Holdings, Inc.
10.21% (1 Month Term SOFR + 4.85%, Rate Floor: 5.85%) due 11/12/27†††		12,395,788		12,327,481
Mileage Plus Holdings LLC
10.77% (3 Month Term SOFR + 5.25%, Rate Floor: 5.25%) due 06/21/27		10,675,000		11,025,781

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 12.7% (continued)
Industrial -  1.6% (continued)
Dispatch Terra Acquisition LLC
9.75% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 03/27/28		10,137,249	$	9,503,671
Merlin Buyer, Inc.
10.11% (1 Month Term SOFR + 4.75%, Rate Floor: 5.25%) due 12/14/28		8,350,000		8,350,000
9.36% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 12/14/28		366,797		364,046
DXP Enterprises, Inc.
10.29% (6 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 10/05/30†††		5,935,125		5,949,963
Geo Parent Corp.
10.80% (6 Month Term SOFR + 5.25%, Rate Floor: 5.25%) due 12/19/28		4,900,000		4,863,250
Valcour Packaging LLC
9.21% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 10/04/28		6,205,500		4,849,164
TK Elevator Midco GmbH
6.84% (1 Month EURIBOR + 3.00%, Rate Floor: 3.00%) due 01/29/27†††	EUR	3,349,212		3,503,750
Integrated Power Services Holdings, Inc.
9.97% ((1 Month Term SOFR + 4.50%) and (Commercial Prime Lending Rate + 3.50%), Rate Floor: 4.50%) due 11/22/28†††		3,441,711		3,417,617
Air Canada
9.14% (3 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 08/11/28		3,228,633		3,233,670
ILPEA Parent, Inc.
9.97% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 06/22/28		3,146,359		3,083,432
NA Rail Hold Co. LLC
9.61% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 10/19/26		1,944,948		1,942,516
EMRLD Borrower LP
8.36% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 05/31/30		1,898,728		1,904,196
API Heat Transfer ThermaSys Corp.
13.64% (3 Month Term SOFR + 8.00%, Rate Floor: 8.00%) due 11/10/27†††		489,649		489,648
10.64% (3 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 11/10/27†††		283,401		283,401
Total Industrial				94,924,037
Communications -  1.0%
Syndigo LLC
9.97% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 12/15/27		22,212,648		21,574,035
FirstDigital Communications LLC
9.72% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 12/17/26†††		10,523,625		10,226,310
Simon & Schuster
9.39% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 10/30/30		9,900,000		9,924,750
Xplornet Communications, Inc.
9.61% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 10/02/28		15,134,478		8,993,210
Radiate Holdco LLC
8.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 09/25/26		7,568,628		6,033,029
Zayo Group Holdings, Inc.
8.47% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 03/09/27		6,146,447		5,261,482

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 12.7% (continued)
Communications -  1.0% (continued)
Cincinnati Bell, Inc.
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 11/22/28		980,000	$	969,328
Total Communications				62,982,144
Financial -  1.0%
Higginbotham Insurance Agency, Inc.
10.96% (1 Month Term SOFR + 5.50%, Rate Floor: 5.50%) due 11/24/28†††		18,650,249		18,476,626
10.96% (1 Month Term SOFR + 5.50%, Rate Floor: 5.50%) due 11/25/28†††		1,494,754		1,480,838
Aretec Group, Inc.
9.96% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 08/09/30		12,343,985		12,317,322
Eisner Advisory Group
10.72% (1 Month Term SOFR + 5.25%, Rate Floor: 5.25%) due 07/28/28		12,009,773		12,014,817
HighTower Holding LLC
9.64% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 04/21/28		6,936,565		6,904,795
Duff & Phelps
9.10% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 04/09/27		4,279,692		4,233,343
Worldpay
due 09/21/30		3,000,000		3,011,250
Asurion LLC
9.71% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 08/20/28		2,089,474		2,079,402
Teneo Holdings LLC
10.71% (1 Month Term SOFR + 5.25%, Rate Floor: 5.25%) due 07/11/25		976,726		974,284
Capstone Borrower, Inc.
9.10% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 06/17/30		375,000		374,220
Total Financial				61,866,897
Energy -  0.3%
BANGL LLC
9.89% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 02/01/29		10,024,875		10,027,982
Bip PipeCo Holdings LLC
8.62% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 12/04/30		3,075,000		3,063,469
Venture Global Calcasieu Pass LLC
8.08% (1 Month Term SOFR + 2.73%, Rate Floor: 2.73%) due 08/19/26†††		2,888,724		2,881,502
Permian Production Partners LLC
13.47% (1 Month Term SOFR + 6.00%, Rate Floor: 11.47%) (in-kind rate was 2.00%) due 11/24/2512		1,161,085		1,108,836
Total Energy				17,081,789
Basic Materials -  0.1%
LTI Holdings, Inc.
10.22% (1 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 07/24/26		3,835,306		3,705,864
Arsenal AIC Parent LLC
9.86% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 08/19/30		3,391,500		3,401,030
Schur Flexibles GmbH
9.59% (6 Month EURIBOR + 5.50%, Rate Floor: 5.50%) due 09/28/27	EUR	787,500		592,773
Total Basic Materials				7,699,667
Total Senior Floating Rate Interests
(Cost $813,883,208)				773,696,754
U.S. TREASURY BILLS†† - 5.4%
U.S. Treasury Bills
5.26% due 01/23/2413		141,560,000		141,124,959
5.23% due 01/16/2413		130,260,000		129,993,673
5.26% due 01/02/2413		60,220,000		60,220,000
Total U.S. Treasury Bills
(Cost $331,292,368)				331,338,632

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

		Face Amount~		Value
FEDERAL AGENCY DISCOUNT NOTES†† - 2.0%
Federal Home Loan Bank
5.20% due 01/02/2413		124,305,000	$	124,286,727
Total Federal Agency Discount Notes
(Cost $124,287,045)				124,286,727
CONVERTIBLE BONDS†† - 0.4%
Consumer, Non-cyclical -  0.3%
Block, Inc.
due 05/01/2614		21,951,000		19,193,954
Communications -  0.1%
Cable One, Inc.
due 03/15/2614		5,750,000		4,878,875
Total Convertible Bonds
(Cost $24,406,430)				24,072,829
U.S. GOVERNMENT SECURITIES†† - 0.3%
U.S. Treasury Notes
4.63% due 02/28/2515		21,000,000		20,987,695
Total U.S. Government Securities
(Cost $21,113,458)				20,987,695
MUNICIPAL BONDS†† - 0.2%
District of Columbia -  0.2%
District of Columbia Revenue Bonds
6.73% due 09/01/473		9,950,000		10,822,516
Total Municipal Bonds
(Cost $10,616,959)				10,822,516
SENIOR FIXED RATE INTERESTS†† - 0.0%
Industrial -  0.0%
Schur Flexibles GmbH
13.40% due 09/30/26	EUR	421,556		444,552
9.59% due 09/30/26	EUR	286,149		301,759
13.55% due 09/30/26	EUR	74,518		78,582
Total Industrial				824,893
Total Senior Fixed Rate Interests
(Cost $796,919)				824,893
	Contracts/ Notional Value
OTC OPTIONS PURCHASED†† - 0.0%
Call Options on:
Interest Rate Options
Morgan Stanley Capital Services LLC 10Y-2Y SOFR CMS CAP Expiring June 2024 with strike price of $0.10	USD	164,200,000		240,721
Barclays Bank plc 10Y-2Y SOFR CMS CAP Expiring June 2024 with strike price of $0.10	USD	162,650,000		238,448
Bank of America, N.A. 10Y-2Y SOFR CMS CAP Expiring June 2024 with strike price of $0.10	USD	82,100,000		120,360
Goldman Sachs International 10Y-2Y SOFR CMS CAP Expiring June 2024 with strike price of $0.10	USD	66,950,000		98,150
Total OTC Options Purchased
(Cost $2,147,996)				697,679
Total Investments - 100.2%
(Cost $6,625,343,944)			$	6,115,237,956
Other Assets & Liabilities, net - (0.2)%				(14,967,132	)
Total Net Assets - 100.0%			$	6,100,270,824

Futures Contracts      

Description	Number of Contracts		Expiration Date	Notional Amount		Value and Unrealized Appreciation**
Interest Rate Futures Contracts Purchased†
3-Month SOFR Futures Contracts		2,440	Jun 2025	$	589,077,000	$	4,457,884

Centrally Cleared Credit Default Swap Agreements Protection Purchased^††      

Counterparty	Exchange	Index	Protection Premium Rate			Payment Frequency	Maturity Date		Notional Amount~		Value			Upfront Premiums Paid(Received)			Unrealized Depreciation**
J.P. Morgan Securities LLC	ICE	CDX.NA.HY.41.V2		5.00	%	Quarterly	12/20/28			41,085,000	$	(2,396,606	)	$	151,367		$	(2,547,973	)
J.P. Morgan Securities LLC	ICE	ITRAXX.EUR.38.V1		1.00	%	Quarterly	12/20/27	EUR		253,900,000		(5,761,438	)		(1,274,601	)		(4,486,837	)
											$	(8,158,044	)	$	(1,123,234	)	$	(7,034,810	)

Centrally Cleared Interest Rate Swap Agreements^††    

Counterparty	Exchange	Floating Rate Type	Floating Rate Index	Fixed Rate			Payment Frequency	Maturity Date	Notional Amount		Value			Upfront Premiums Paid		Unrealized Depreciation**
J.P. Morgan Securities LLC	CME	Pay	U.S. Secured Overnight Financing Rate		2.78	%	Annually	07/18/27	$	332,150,000	$	(9,500,453	)	$	1,146	$	(9,501,599	)

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

Total Return Swap Agreements          

Counterparty

Index

Type

Financing Rate

Payment Frequency

Maturity Date

Units

Notional Amount

Value and Unrealized Appreciation (Depreciation)

OTC Credit Index Swap Agreements Sold Short††

JPMorgan Chase Bank, N.A.

iShares iBoxx $ Investment Grade Corporate Bond ETF

Receive

4.53% (Federal Funds Rate - 0.80%)

At Maturity

01/06/25

161,891

$

17,914,858

$

(644,326

)

OTC Equity Index Swap Agreements††

JPMorgan Chase Bank, N.A.

Vanguard Intermediate-Term Corporate Bond ETF

Pay

5.18% (Federal Funds Rate - 0.15%)

At Maturity

01/04/24

199,935

$

16,250,717

$

511,833

Bank of America, N.A.

Vanguard Short-Term Corporate Bond ETF

Pay

5.78% (Federal Funds Rate + 0.45%)

At Maturity

01/06/25

199,935

15,468,971

200,935

$

31,719,688

$

712,768

Forward Foreign Currency Exchange Contracts^††    

Counterparty	Currency	Type	Quantity		Contract Amount		Settlement Date	Unrealized Appreciation (Depreciation)
Barclays Bank plc	CAD	Sell		66,000	49,879	USD	01/17/24	$	41
Bank of America, N.A.	CAD	Sell		3,280,000	2,412,200	USD	01/17/24		(64,616	)
Barclays Bank plc	GBP	Sell		48,535,000	60,986,314	USD	01/17/24		(893,886	)
Barclays Bank plc	EUR	Sell		109,980,000	118,894,649	USD	01/17/24		(2,625,146	)
								$	(3,583,607	)

~	The face amount is denominated in U.S. dollars unless otherwise indicated.
*	Non-income producing security.
**	Includes cumulative appreciation (depreciation).
†	Value determined based on Level 1 inputs, unless otherwise noted — See Note 3.
††	Value determined based on Level 2 inputs, unless otherwise noted — See Note 3.
†††	Value determined based on Level 3 inputs — See Note 3.
◊	Variable rate security. Rate indicated is the rate effective at December 31, 2023. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.
1	Affiliated issuer.
2	Special Purpose Acquisition Company (SPAC).
3	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) securities is $2,636,131,447 (cost $2,850,248,984), or 43.2% of total net assets.
4	Rate indicated is the 7-day yield as of December 31, 2023.
5	Perpetual maturity.
6	Security has a fixed rate coupon which will convert to a floating or variable rate coupon on a future date.
7	Security is in default of interest and/or principal obligations.
8	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be illiquid and restricted under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) illiquid and restricted securities is $8,984,496 (cost $14,506,324), or 0.1% of total net assets — See Note 6.
9	Security has no stated coupon. However, it is expected to receive residual cash flow payments on defined deal dates.
10	Security is an interest-only strip.
11	Security is a step up/down bond. The coupon increases or decreases at regular intervals until the bond reaches full maturity. Rate indicated is the rate at December 31, 2023. See table below for additional step information for each security.

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

12	Payment-in-kind security.
13	Rate indicated is the effective yield at the time of purchase.
14	Zero coupon rate security.
15	All or a portion of this security is pledged as credit or equity index swap collateral at December 31, 2023.

CAD — Canadian Dollar

CDX.NA.HY.41.V2 — Credit Default Swap North American High Yield Series 41 Index Version 2

CME — Chicago Mercantile Exchange

CMS — Constant Maturity Swap

CMT — Constant Maturity Treasury

EUR — Euro

EURIBOR — European Interbank Offered Rate

GBP — British Pound

ICE — Intercontinental Exchange

ITRAXX.EUR.38.V1 — iTraxx Europe Series 38 Index Version 1

LIBOR — London Interbank Offered Rate

plc — Public Limited Company

PPV — Public-Private Venture

REMIC — Real Estate Mortgage Investment Conduit

SARL —  Société à Responsabilité Limitée

SOFR — Secured Overnight Financing Rate

SONIA — Sterling Overnight Index Average

WAC — Weighted Average Coupon

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments):  

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	206,565	$	7,875,693	$	2,032,322	$	10,114,580
Preferred Stocks		—		268,179,245		28,115,391		296,294,636
Warrants		13,479		—		76		13,555
Exchange-Traded Funds		40,728,596		—		—		40,728,596
Mutual Funds		294,515,120		—		—		294,515,120
Money Market Funds		129,789,537		—		—		129,789,537
Corporate Bonds		—		1,760,723,649		61,363,968		1,822,087,617
Asset-Backed Securities		—		1,060,447,549		228,777,220		1,289,224,769
Collateralized Mortgage Obligations		—		940,386,465		5,355,356		945,741,821
Senior Floating Rate Interests		—		518,540,284		255,156,470		773,696,754
U.S. Treasury Bills		—		331,338,632		—		331,338,632
Federal Agency Discount Notes		—		124,286,727		—		124,286,727
Convertible Bonds		—		24,072,829		—		24,072,829
U.S. Government Securities		—		20,987,695		—		20,987,695
Municipal Bonds		—		10,822,516		—		10,822,516
Senior Fixed Rate Interests		—		824,893		—		824,893
Options Purchased		—		697,679		—		697,679
Interest Rate Futures Contracts**		4,457,884		—		—		4,457,884
Equity Index Swap Agreements**		—		712,768		—		712,768
Forward Foreign Currency Exchange Contracts**		—		41		—		41
Total Assets	$	469,711,181	$	5,069,896,665	$	580,800,803	$	6,120,408,649

Investments in Securities (Liabilities)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Credit Default Swap Agreements**	$	—	$	7,034,810	$	—	$	7,034,810
Interest Rate Swap Agreements**		—		9,501,599		—		9,501,599
Credit Index Swap Agreements**		—		644,326		—		644,326
Forward Foreign Currency Exchange Contracts**		—		3,583,648		—		3,583,648
Unfunded Loan Commitments (Note 5)		—		—		1,511,345		1,511,345
Total Liabilities	$	—	$	20,764,383	$	1,511,345	$	22,275,728

** This derivative is reported as unrealized appreciation/depreciation at period end.

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

The following is a summary of significant unobservable inputs used in the fair valuation of assets and liabilities categorized within Level 3 of the fair value hierarchy:

Category	Ending Balance at December 31, 2023		Valuation Technique	Unobservable Inputs	Input Range		Weighted Average*
Assets:
Asset-Backed Securities	$	146,156,952	Yield Analysis	Yield		6.2%-8.5%		6.5%
Asset-Backed Securities		82,584,923	Option adjusted spread off prior month end broker quote	Broker Quote		—		—
Asset-Backed Securities		35,345	Third Party Pricing	Broker Quote		—		—
Collateralized Mortgage Obligations		5,355,356	Option adjusted spread off prior month end broker quote	Broker Quote		—		—
Common Stocks		2,030,312	Enterprise Value	Valuation Multiple		2.5x-17.6x		6.0x
Common Stocks		1,893	Model Price	Liquidation Value		—		—
Common Stocks		117	Third Party Pricing	Trade Price		—		—
Corporate Bonds		23,366,267	Option adjusted spread off prior month end broker quote	Broker Quote		—		—
Corporate Bonds		22,000,000	Yield Analysis	Yield		6.7%		—
Corporate Bonds		14,445,929	Third Party Pricing	Broker Quote		—		—
Corporate Bonds		1,544,576	Model Price	Purchase Price		—		—
Corporate Bonds		7,196	Third Party Pricing	Vendor Price		—		—
Preferred Stocks		26,928,990	Yield Analysis	Yield		6.8%		—
Preferred Stocks		1,186,401	Enterprise Value	Valuation Multiple		5.1x		—
Senior Floating Rate Interests		189,398,582	Yield Analysis	Yield		10.2%-14.3%		11.6%
Senior Floating Rate Interests		35,270,469	Model Price	Purchase Price		—		—
Senior Floating Rate Interests		26,006,136	Third Party Pricing	Broker Quote		—		—
Senior Floating Rate Interests		3,818,351	Model Price	Market Comparable Yields		13.6%		—
Senior Floating Rate Interests		662,932	Model Price	Liquidation Value		—		—
Warrants		76	Model Price	Liquidation Value		—		—
Total Assets	$	580,800,803
Liabilities:
Unfunded Loan Commitments	$	1,511,345	Model Price	Purchase Price		—		—

* Inputs are weighted by the fair value of the instruments.

Significant changes in a quote, yield, market comparable yields, liquidation value or valuation multiple would generally result in significant changes in the fair value of the security.

The Fund’s fair valuation leveling guidelines classify a single daily broker quote, or a vendor price based on a single daily or monthly broker quote, as Level 3, if such a quote or price cannot be supported with other available market information.

Transfers between Level 2 and Level 3 may occur as markets fluctuate and/or the availability of data used in an investment’s valuation changes. For the period ended December 31, 2023, the Fund had securities with a total value of $9,711,672 transfer into Level 3 from Level 2 due to a lack of observable inputs and had securities with a total value of $35,735,875 transfer out of Level 3 into Level 2 due to the availability of current and reliable market-based data provided by a third-party pricing service which utilizes significant observable inputs.

Summary of Fair Value Level 3 Activity 

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value for the period ended December 31, 2023:

	Assets																							Liabilities
	Asset-Backed Securities			Collateralized Mortgage Obligations			Corporate Bonds			Senior Floating Rate Interests			Warrants		Common Stocks			Preferred Stocks			Total Assets			Unfunded Loan Commitments
Beginning Balance	$	223,348,932		$	4,986,289		$	59,850,234		$	243,686,805		$	76	$	995,145		$	28,121,912		$	560,989,393		$	(1,990,229	)
Purchases/(Receipts)		9,551,859			-			875,000			45,837,692			-		-			-			56,264,551			(167,754	)
(Sales, maturities and paydowns)/Fundings		(3,416,210	)		(16,780	)		-			(21,572,309	)		-		-			-			(25,005,299	)		563,989
Amortization of premiums/discounts		33,526			(29	)		238,190			328,566			-		-			-			600,253			12,229
Corporate actions		-			-			-			(1,027,204	)		-		1,201,615			(174,411	)		-			-
Total realized gains (losses) included in earnings		(5,184	)		(28	)		(1,313,672	)		(328,170	)		-		(503,050	)		-			(2,150,104	)		111,863
Total change in unrealized appreciation (depreciation) included in earnings		10,557,258			385,904			1,707,026			2,969,522			-		338,612			167,890			16,126,212			(41,443	)
Transfers into Level 3		-			-			7,190			9,704,482			-		-			-			9,711,672			-
Transfers out of Level 3		(11,292,961	)		-			-			(24,442,914	)		-		-			-			(35,735,875	)		-
Ending Balance	$	228,777,220		$	5,355,356		$	61,363,968		$	255,156,470		$	76	$	2,032,322		$	28,115,391		$	580,800,803		$	(1,511,345	)
Net change in unrealized appreciation (depreciation) for investments in Level 3 securities still held at December 31, 2023	$	10,093,015		$	385,904		$	1,707,026		$	2,032,262		$	-	$	(164,263	)	$	92,515		$	14,146,459		$	(74,383	)

Step Coupon Bonds

The following table discloses additional information related to step coupon bonds held by the Fund. Certain securities are subject to multiple rate changes prior to maturity. For those securities, a range of rates and corresponding dates have been provided. Rates for all step coupon bonds held by the Fund are scheduled to increase, except GAIA Aviation Ltd. which are scheduled to decrease.

Name	Coupon Rate at Next Reset Date			Next Rate Reset Date	Future Reset Rate			Future Reset Date
BRAVO Residential Funding Trust 2022-R1, 3.13% due 01/29/70		6.13	%	01/30/25		—			—
Citigroup Mortgage Loan Trust 2022-A, 6.17% due 09/25/62		9.17	%	09/25/25		10 17%			09/25/26
GAIA Aviation Ltd. 2019-1, 3.97% due 12/15/44		2.00	%	11/15/26		—			—
GAIA Aviation Ltd. 2019-1, 5.19% due 12/15/44		2.00	%	10/15/26		—			—
GCAT Trust 2022-NQM5, 5.71% due 08/25/67		6.71	%	10/01/26		—			—
GCAT Trust 2023-NQM2, 6.60% due 11/25/67		7.60	%	01/01/27		—			—
NYMT Loan Trust 2022-SP1, 5.25% due 07/25/62		8.25	%	07/01/25		9.25	%		07/01/26
OBX Trust 2023-NQM2, 6.80% due 01/25/62		7.80	%	02/01/27		—			—
OBX Trust 2022-NQM8, 6.10% due 09/25/62		7.10	%	10/01/26		—			—
OBX Trust 2022-NQM9, 6.45% due 09/25/62		7.45	%	11/01/26		—			—
OSAT Trust 2021-RPL1, 2.12% due 05/25/65		5.12	%	06/25/24		6.12	%		06/25/25
Verus Securitization Trust 2022-8, 6.13% due 09/25/67		7.13	%	10/01/26		—			—

Affiliated Transactions

Investments representing 5% or more of the outstanding voting shares of a company, or control of or by, or common control under Guggenheim Investments ("GI"), result in that company being considered an affiliated issuer, as defined in the 1940 Act.

The Fund may invest in certain of the underlying series of Guggenheim Strategy Funds Trust, including Guggenheim Strategy Fund II and Guggenheim Strategy Fund III, (collectively, the “Short Term Investment Vehicles”), each of which are open-end management investment companies managed by GI. The Short Term Investment Vehicles, which launched on March 11, 2014, are offered as short term investment options only to mutual funds, trusts, and other accounts managed by GI and/or its affiliates, and are not available to the public. The Short Term Investment Vehicles pay no investment management fees. The Short Term Investment Vehicles' annual report on Form N-CSR dated September 30, 2023, is available publicly or upon request. This information is available from the EDGAR database on the SEC's website at https://www.sec.gov/Archives/edgar/data/1601445/000182126823000217/gug86449-ncsr.htm. The Fund may invest in certain of the underlying series of Guggenheim Funds Trust, which are open-end management investment companies managed by GI, are available to the public and whose most recent annual report on Form N-CSR is available publicly or upon request.

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

Transactions during the period ended December 31, 2023, in which the company is an affiliated issuer, were as follows:  

Security Name	Value 09/30/23		Additions		Reductions		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Value 12/31/23		Shares 12/31/23		Investment Income
Common Stock
BP Holdco LLC*	$	48,218	$	–	$	–	$	–	$	(2,716	)	$	45,502		37,539	$	–
Mutual Funds
Guggenheim Alpha Opportunity Fund — Institutional Class		29,045,744		164,424		–		–		(101,063	)		29,109,105		1,022,808		164,424
Guggenheim Limited Duration Fund — R6-Class		122,839,898		1,678,850		–		–		2,466,856			126,985,604		5,277,872		1,680,004
Guggenheim Risk Managed Real Estate Fund — Institutional Class		29,711,644		274,197		–		–		4,531,026			34,516,867		1,069,627		274,197
Guggenheim Strategy Fund II		19,207,708		272,499		–		–		183,516			19,663,723		802,601		272,159
Guggenheim Strategy Fund III		33,331,353		454,129		–		–		359,396			34,144,878		1,390,830		453,075
Guggenheim Ultra Short Duration Fund — Institutional Class		48,849,509		739,978		–		–		505,456			50,094,943		5,085,781		739,030
	$	283,034,074	$	3,584,077	$	–	$	–	$	7,942,471		$	294,560,622			$	3,582,889

* Non-income producing security.

Market Neutral Real Estate Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 72.1%
REITs - 72.1%
REITs-Health Care - 11.9%
Ventas, Inc.		31,371	$	1,563,531
CareTrust REIT, Inc.		59,575		1,333,288
Sabra Health Care REIT, Inc.		92,653		1,322,158
Healthpeak Properties, Inc.		43,024		851,875
Total REITs-Health Care				5,070,852
REITs-Diversified - 11.3%
VICI Properties, Inc.		44,913		1,431,826
Gaming and Leisure Properties, Inc.		28,121		1,387,771
InvenTrust Properties Corp.		48,171		1,220,653
Digital Realty Trust, Inc.		5,457		734,403
Total REITs-Diversified				4,774,653
REITs-Apartments - 8.7%
Invitation Homes, Inc.		67,187		2,291,749
AvalonBay Communities, Inc.		3,788		709,189
American Homes 4 Rent — Class A		18,964		681,945
Total REITs-Apartments				3,682,883
REITs-Office Property - 8.6%
Boston Properties, Inc.		27,509		1,930,307
Alexandria Real Estate Equities, Inc.		11,256		1,426,923
Piedmont Office Realty Trust, Inc. — Class A		24,235		172,311
Highwoods Properties, Inc.		2,855		65,551
Total REITs-Office Property				3,595,092
REITs-Hotels - 7.8%
Ryman Hospitality Properties, Inc.		18,265		2,010,246
Host Hotels & Resorts, Inc.		66,388		1,292,574
Total REITs-Hotels				3,302,820
REITs-Shopping Centers - 7.1%
Brixmor Property Group, Inc.		63,731		1,483,020
Kimco Realty Corp.		37,921		808,097
Kite Realty Group Trust		31,642		723,336
Total REITs-Shopping Centers				3,014,453
REITs-Warehouse/Industries - 5.8%
Rexford Industrial Realty, Inc.		31,156		1,747,852
Americold Realty Trust, Inc.		23,563		713,252
Total REITs-Warehouse/Industries				2,461,104
REITs-Single Tenant - 3.4%
Agree Realty Corp.		23,204		1,460,692
REITs-Storage - 2.8%
Extra Space Storage, Inc.		7,334		1,175,860
REITs-Regional Malls - 2.8%
Simon Property Group, Inc.		8,165		1,164,656
REITs-Manufactured Homes - 1.9%
Sun Communities, Inc.		6,030		805,910
Total REITs				30,508,975
Total Common Stocks
(Cost $27,523,721)				30,508,975
MONEY MARKET FUND† - 24.7%
Goldman Sachs Financial Square Treasury Instruments Fund — Institutional Shares, 5.21%1		10,466,153		10,466,153
Total Money Market Fund
(Cost $10,466,153)				10,466,153
Total Investments - 96.8%
(Cost $37,989,874)			$	40,975,128
Other Assets & Liabilities, net - 3.2%				1,354,591
Total Net Assets - 100.0%			$	42,329,719

Custom Basket Swap Agreements        

Counterparty	Reference Obligation	Type	Financing Rate	Payment Frequency	Maturity Date	Notional Amount		Value and Unrealized Appreciation
OTC Custom Basket Swap Agreements Sold Short††
Morgan Stanley Capital Services LLC	MS Equity Custom Basket	Receive	5.01% (Federal Funds Rate - 0.32%)	At Maturity	11/22/24	$	15,353,717	$	43,015
Goldman Sachs International	GS Equity Custom Basket	Receive	5.13% (Federal Funds Rate - 0.20%)	At Maturity	05/06/24		15,353,725		35,628
						$	30,707,442	$	78,643

Market Neutral Real Estate Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

GS EQUITY SHORT CUSTOM BASKET
	Shares		Percentage Notional Amount			Value and Unrealized Appreciation (Depreciation)
Financial
Douglas Emmett, Inc.		61,781		(5.83	)%	$	464,769
Broadstone Net Lease, Inc.		22,373		(2.51	)%		197,956
Realty Income Corp.		17,050		(6.38	)%		166,801
Camden Property Trust		4,526		(2.93	)%		127,492
Apartment Income REIT Corp.		13,996		(3.17	)%		81,492
Essex Property Trust, Inc.		3,025		(4.88	)%		63,951
Mid-America Apartment Communities, Inc.		3,320		(2.91	)%		57,429
Service Properties Trust		29,743		(1.65	)%		19,132
LTC Properties, Inc.		16,292		(3.41	)%		10,195
JBG SMITH Properties		53,233		(5.90	)%		(2,665	)
Cousins Properties, Inc.		9,786		(1.55	)%		(25,006	)
Omega Healthcare Investors, Inc.		12,876		(2.57	)%		(33,688	)
National Health Investors, Inc.		10,162		(3.70	)%		(34,090	)
Federal Realty Investment Trust		9,656		(6.48	)%		(42,120	)
EastGroup Properties, Inc.		2,002		(2.39	)%		(53,633	)
Pebblebrook Hotel Trust		32,629		(3.40	)%		(54,566	)
Sunstone Hotel Investors, Inc.		67,787		(4.74	)%		(63,487	)
Welltower, Inc.		5,138		(3.02	)%		(124,193	)
Phillips Edison & Company, Inc.		31,953		(7.59	)%		(134,709	)
STAG Industrial, Inc.		21,912		(5.60	)%		(134,909	)
CubeSmart		10,963		(3.31	)%		(135,268	)
Macerich Co.		40,705		(4.09	)%		(168,275	)
NNN REIT, Inc.		21,201		(5.95	)%		(168,674	)
Total Financial							13,934
Exchange-Traded Funds
Vanguard Real Estate ETF		10,501		(6.04	)%		21,694
Total GS Equity Short Custom Basket						$	35,628

Market Neutral Real Estate Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

MS EQUITY SHORT CUSTOM BASKET
	Shares	Percentage Notional Amount			Value and Unrealized Appreciation (Depreciation)
Financial
Douglas Emmett, Inc.	61,781	(5.83	)%	$	463,185
Broadstone Net Lease, Inc.	22,373	(2.51	)%		205,098
Realty Income Corp.	17,050	(6.38	)%		167,727
Camden Property Trust	4,526	(2.93	)%		127,666
Apartment Income REIT Corp.	13,996	(3.17	)%		81,859
Essex Property Trust, Inc.	3,025	(4.88	)%		67,284
Mid-America Apartment Communities, Inc.	3,320	(2.91	)%		57,224
Service Properties Trust	29,743	(1.65	)%		18,051
LTC Properties, Inc.	16,292	(3.41	)%		12,089
JBG SMITH Properties	53,233	(5.90	)%		(623	)
Cousins Properties, Inc.	9,786	(1.55	)%		(25,030	)
National Health Investors, Inc.	10,162	(3.70	)%		(31,735	)
Omega Healthcare Investors, Inc.	12,876	(2.57	)%		(33,255	)
Federal Realty Investment Trust	9,656	(6.48	)%		(40,765	)
EastGroup Properties, Inc.	2,002	(2.39	)%		(53,311	)
Pebblebrook Hotel Trust	32,629	(3.40	)%		(55,967	)
Sunstone Hotel Investors, Inc.	67,787	(4.74	)%		(65,169	)
Welltower, Inc.	5,138	(3.02	)%		(123,801	)
Phillips Edison & Company, Inc.	31,953	(7.59	)%		(128,103	)
STAG Industrial, Inc.	21,912	(5.60	)%		(133,978	)
CubeSmart	10,963	(3.31	)%		(135,411	)
NNN REIT, Inc.	21,201	(5.95	)%		(168,454	)
Macerich Co.	40,705	(4.09	)%		(183,259	)
Total Financial					21,322
Exchange-Traded Funds
Vanguard Real Estate ETF	10,501	(6.04	)%		21,693
Total MS Equity Short Custom Basket				$	43,015

†	Value determined based on Level 1 inputs — See Note 3.
††	Value determined based on Level 2 inputs — See Note 3.
1	Rate indicated is the 7-day yield as of December 31, 2023.

GS — Goldman Sachs International

MS — Morgan Stanley Capital Services LLC

REIT — Real Estate Investment Trust

Market Neutral Real Estate Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments): 

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	30,508,975	$	—	$	—	$	30,508,975
Money Market Fund		10,466,153		—		—		10,466,153
Equity Custom Basket Swap Agreements**		—		78,643		—		78,643
Total Assets	$	40,975,128	$	78,643	$	—	$	41,053,771

** This derivative is reported as unrealized appreciation/depreciation at period end.

Municipal Income Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
MONEY MARKET FUND† - 6.5%
Dreyfus AMT-Free Tax Exempt Cash Management Fund — Institutional Shares, 3.90%1		1,731,444	$	1,731,444
Total Money Market Fund
(Cost $1,731,444)				1,731,444

	Face Amount
MUNICIPAL BONDS†† - 91.8%
California -  13.5%
Newport Mesa Unified School District General Obligation Unlimited
due 08/01/392	$	1,300,000	721,317
California Statewide Communities Development Authority Revenue Bonds
5.25% due 08/15/52		500,000	552,616
San Diego Unified School District General Obligation Unlimited
due 07/01/462		1,360,000	532,549
Compton Unified School District General Obligation Unlimited
due 06/01/402		1,000,000	486,106
Alameda Corridor Transportation Authority Revenue Bonds
due 10/01/512		500,000	271,594
El Monte Union High School District General Obligation Unlimited
due 06/01/432		500,000	222,092
M-S-R Energy Authority Revenue Bonds
6.13% due 11/01/29		160,000	173,548
Westside Elementary School District General Obligation Unlimited
5.00% due 08/01/48		155,000	164,680
Freddie Mac Multifamily VRD Certificates Revenue Bonds
2.40% due 10/15/29		150,000	140,232
Coast Community College District General Obligation Unlimited
due 08/01/402		250,000	129,070
Stockton Unified School District General Obligation Unlimited
due 08/01/422		250,000	116,972
Department of Veterans Affairs Veteran's Farm & Home Purchase Program Revenue Bonds
3.45% due 12/01/39		110,000	103,545
Total California			3,614,321
Pennsylvania -  6.5%
Pennsylvania Housing Finance Agency Revenue Bonds
4.95% due 10/01/38		1,000,000	1,095,375
School District of Philadelphia General Obligation Limited
5.25% due 09/01/43		575,000	646,585
Total Pennsylvania			1,741,960
New York -  6.0%
Westchester County Local Development Corp. Revenue Bonds
5.75% due 11/01/53		750,000	846,355
New York Power Authority Revenue Bonds
5.25% due 11/15/41		250,000	293,516
New York State Dormitory Authority Revenue Bonds
4.00% due 08/01/43		250,000	250,565
New York Transportation Development Corp. Revenue Bonds
5.00% due 07/01/34		200,000	200,686
Total New York			1,591,122
Oregon -  5.4%
Clackamas & Washington Counties School District No. 3 General Obligation Unlimited
due 06/15/482		2,000,000	644,577
due 06/15/502		400,000	116,268
due 06/15/492		350,000	106,850
Salem-Keizer School District No. 24J General Obligation Unlimited
due 06/15/402		1,250,000	585,146
Total Oregon			1,452,841
Michigan -  5.3%
Michigan Technological University Revenue Bonds
5.25% due 10/01/53		1,000,000	1,105,115
Michigan State Housing Development Authority Revenue Bonds
3.35% due 12/01/34		200,000	199,787
Flint Hospital Building Authority Revenue Bonds
5.00% due 07/01/25		100,000	100,902
Total Michigan			1,405,804
Nebraska -  4.9%
Nebraska Investment Finance Authority Revenue Bonds
4.95% due 09/01/38		1,000,000	1,096,499

Municipal Income Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount		Value
MUNICIPAL BONDS†† - 91.8% (continued)
Central Plains Energy Project Revenue Bonds
5.00% due 09/01/29	$	200,000	$	211,881
Total Nebraska				1,308,380
Virginia -  4.8%
Freddie Mac Multifamily Variable Rate Certificate Revenue Bonds
3.15% due 10/15/36		1,280,000		1,109,741
Loudoun County Economic Development Authority Revenue Bonds
due 07/01/492		500,000		170,841
Total Virginia				1,280,582
Colorado -  4.5%
E-470 Public Highway Authority Revenue Bonds
5.00% due 09/01/36		650,000		731,889
City & County of Denver Colorado Airport System Revenue Bonds
5.00% due 12/01/28		200,000		216,872
City & County of Denver Colorado Pledged Excise Tax Revenue Bonds
due 08/01/302		200,000		156,313
Colorado School of Mines Revenue Bonds
5.00% due 12/01/47		100,000		104,371
Total Colorado				1,209,445
New Mexico - 4.3%
New Mexico Finance Authority Revenue Bonds
5.25% due 06/01/48		750,000		849,611
New Mexico Mortgage Finance Authority Revenue Bonds
4.95% due 09/01/38		250,000		274,125
City of Albuquerque New Mexico Gross Receipts Tax Revenue Bonds
5.00% due 07/01/25		20,000		20,075
Total New Mexico				1,143,811
Tennessee - 4.3%
Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board Revenue Bonds
2.25% due 07/01/45		1,500,000		971,612
Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board Revenue Bonds
2.48% due 12/01/37		200,000		166,604
Total Tennessee				1,138,216
Maine -  4.1%
Maine Health & Higher Educational Facilities Authority Revenue Bonds
5.25% due 07/01/48		1,000,000		1,099,798
North Carolina -  3.7%
Inlivian Revenue Bonds
2.02% due 04/01/42		1,000,000		656,005
North Carolina Central University Revenue Bonds
5.00% due 04/01/44		300,000		320,961
Total North Carolina				976,966
Arizona -  2.8%
Arizona Industrial Development Authority Revenue Bonds
5.25% due 11/01/48		500,000		540,463
Salt Verde Financial Corp. Revenue Bonds
5.00% due 12/01/32		200,000		218,324
Total Arizona				758,787
Texas - 2.4%
Harris County-Houston Sports Authority Revenue Bonds
due 11/15/532		1,000,000		239,386
Arlington Higher Education Finance Corp. Revenue Bonds
5.00% due 12/01/46		200,000		201,861
Hutto Independent School District General Obligation Unlimited
5.00% due 08/01/49		100,000		105,126
Texas Municipal Gas Acquisition and Supply Corporation I Revenue Bonds
6.25% due 12/15/26		90,000		94,186
Tarrant County Health Facilities Development Corp. Revenue Bonds
6.00% due 09/01/24		5,000		5,046
Leander Independent School District General Obligation Unlimited
due 08/15/242		5,000		2,895
Total Texas				648,500
North Dakota -  2.2%
City of Grand Forks North Dakota Revenue Bonds
5.00% due 12/01/33		500,000		582,739
Oklahoma -  2.1%
Oklahoma Development Finance Authority Revenue Bonds
5.00% due 08/15/28		350,000		352,020
Oklahoma City Airport Trust Revenue Bonds
5.00% due 07/01/30		200,000		214,100
Total Oklahoma				566,120
Georgia -  2.0%
Columbia County Hospital Authority Revenue Bonds
5.00% due 04/01/48		500,000		541,156
Ohio -  1.6%
County of Miami Ohio Revenue Bonds
5.00% due 08/01/33		200,000		216,263

Municipal Income Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount		Value
MUNICIPAL BONDS†† - 91.8% (continued)
American Municipal Power, Inc. Revenue Bonds
5.00% due 02/15/41	$	200,000	$	204,764
Total Ohio				421,027
Illinois -  1.6%
City of Chicago Illinois Wastewater Transmission Revenue Bonds
5.25% due 01/01/42		400,000		419,065
Washington -  1.5%
Central Puget Sound Regional Transit Authority Revenue Bonds
5.00% due 11/01/41		200,000		208,419
Washington State Convention Center Public Facilities District Revenue Bonds
4.00% due 07/01/48		210,000		199,747
Total Washington				408,166
Arkansas -  1.3%
County of Baxter Arkansas Revenue Bonds
5.00% due 09/01/26		330,000		336,262
New Jersey -  1.2%
New Jersey Turnpike Authority Revenue Bonds
5.00% due 01/01/31		300,000		327,804
West Virginia -  1.2%
West Virginia Hospital Finance Authority Revenue Bonds
5.00% due 06/01/42		300,000		311,351
Alaska -  1.0%
University of Alaska Revenue Bonds
5.00% due 10/01/40		260,000		266,130
South Carolina -  0.8%
Charleston County Airport District Revenue Bonds
5.00% due 07/01/43		200,000		213,852
Vermont - 0.7%
Vermont Educational & Health Buildings Financing Agency Revenue Bonds
5.00% due 12/01/46		200,000		203,310
Connecticut -  0.7%
New Haven Housing Authority Revenue Bonds
2.26% due 05/01/38		243,132		185,224
Massachusetts -  0.6%
Massachusetts Development Finance Agency Revenue Bonds
5.00% due 10/01/34		150,000		164,358
Kansas -  0.4%
University of Kansas Hospital Authority Revenue Bonds
5.00% due 09/01/48		100,000		104,410
Iowa -  0.4%
PEFA, Inc. Revenue Bonds
5.00% due 09/01/263		100,000		102,427
Louisiana -  0.0%
Louisiana Public Facilities Authority Revenue Bonds
5.00% due 05/15/26		5,000		5,201
Maryland -  0.0%
Maryland Health & Higher Educational Facilities Authority Revenue Bonds
5.00% due 07/01/27		5,000		5,164
Total Municipal Bonds
(Cost $26,449,240)				24,534,299
Total Investments - 98.3%
(Cost $28,180,684)			$	26,265,743
Other Assets & Liabilities, net - 1.7%				455,151
Total Net Assets - 100.0%			$	26,720,894

Centrally Cleared Interest Rate Swap Agreements^††    

Counterparty	Exchange	Floating Rate Type	Floating Rate Index	Fixed Rate			Payment Frequency	Maturity Date	Notional Amount		Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)**
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		1.67	%	Quarterly	09/27/51	$	2,550,000	$	883,600		$	(745	)	$	884,345
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.50	%	Annually	10/25/30		2,200,000		134,176			152			134,024
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.68	%	Annually	10/20/28		2,600,000		131,015			299			130,716
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.98	%	Annually	10/11/25		9,000,000		118,941			286			118,655
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		3.26	%	Annually	05/24/53		1,150,000		9,032			314			8,718
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		3.56	%	Annually	12/20/33		600,000		(1,492	)		304			(1,796	)
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		3.37	%	Annually	12/20/53		260,000		(4,709	)		304			(5,013	)
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		4.31	%	Annually	11/06/33		1,000,000		(68,836	)		303			(69,139	)
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		4.11	%	Annually	11/20/33		1,500,000		(78,361	)		308			(78,669	)
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		4.65	%	Annually	10/23/33		1,000,000		(96,103	)		302			(96,405	)
											$	1,027,263		$	1,827		$	1,025,436

Municipal Income Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

**	Includes cumulative appreciation (depreciation).
†	Value determined based on Level 1 inputs — See Note 3.
††	Value determined based on Level 2 inputs — See Note 3.
1	Rate indicated is the 7-day yield as of December 31, 2023.
2	Zero coupon rate security.
3	The rate is adjusted periodically by the counterparty, allows the holder to tender the security upon a rate reset, and is not based upon a set reference rate and spread. Rate indicated is the rate effective at December 31, 2023.

BofA — Bank of America

CME — Chicago Mercantile Exchange

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments):

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Money Market Fund	$	1,731,444	$	—	$	—	$	1,731,444
Municipal Bonds		—		24,534,299		—		24,534,299
Interest Rate Swap Agreements**		—		1,276,458		—		1,276,458
Total Assets	$	1,731,444	$	25,810,757	$	—	$	27,542,201

Investments in Securities (Liabilities)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Interest Rate Swap Agreements**	$	—	$	251,022	$	—	$	251,022

** This derivative is reported as unrealized appreciation/depreciation at period end.

Risk Managed Real Estate Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 95.6%
REITs - 95.6%
REITs-Diversified - 18.8%
Equinix, Inc.		29,979	$	24,144,787
Digital Realty Trust, Inc.		107,755		14,501,668
VICI Properties, Inc.		433,542		13,821,319
Gaming and Leisure Properties, Inc.		141,533		6,984,654
WP Carey, Inc.		63,107		4,089,965
InvenTrust Properties Corp.		134,538		3,409,193
EPR Properties		21,285		1,031,258
Total REITs-Diversified				67,982,844
REITs-Warehouse/Industries - 15.7%
Prologis, Inc.		315,332		42,033,756
Rexford Industrial Realty, Inc.		114,837		6,442,356
Americold Realty Trust, Inc.		141,116		4,271,581
First Industrial Realty Trust, Inc.		38,427		2,023,950
Terreno Realty Corp.		22,556		1,413,584
Total REITs-Warehouse/Industries				56,185,227
REITs-Apartments - 13.5%
Invitation Homes, Inc.		398,970		13,608,867
AvalonBay Communities, Inc.		54,300		10,166,046
Equity Residential		142,020		8,685,943
American Homes 4 Rent — Class A		154,176		5,544,169
Essex Property Trust, Inc.		15,871		3,935,056
UDR, Inc.		76,526		2,930,180
Mid-America Apartment Communities, Inc.		18,906		2,542,101
Camden Property Trust		13,164		1,307,054
Total REITs-Apartments				48,719,416
REITs-Health Care - 10.8%
Welltower, Inc.		117,496		10,594,614
Ventas, Inc.		193,168		9,627,493
Healthpeak Properties, Inc.		342,110		6,773,778
Sabra Health Care REIT, Inc.		306,760		4,377,465
CareTrust REIT, Inc.		186,026		4,163,262
Healthcare Realty Trust, Inc.		119,095		2,052,007
Medical Properties Trust, Inc.		184,754		907,142
Total REITs-Health Care				38,495,761
REITs-Storage - 10.0%
Public Storage		54,585		16,648,425
Extra Space Storage, Inc.		77,135		12,367,055
Iron Mountain, Inc.		88,337		6,181,823
National Storage Affiliates Trust		27,272		1,130,970
Total REITs-Storage				36,328,273
REITs-Shopping Centers - 5.8%
Kimco Realty Corp.		285,672		6,087,670
Brixmor Property Group, Inc.		222,790		5,184,323
Kite Realty Group Trust		168,049		3,841,600
Regency Centers Corp.		52,945		3,547,315
Federal Realty Investment Trust		9,473		976,193
Retail Opportunity Investments Corp.		39,247		550,635
Acadia Realty Trust		29,118		494,715
Total REITs-Shopping Centers				20,682,451
REITs-Office Property - 5.6%
Alexandria Real Estate Equities, Inc.		72,922		9,244,322
Boston Properties, Inc.		75,560		5,302,045
Kilroy Realty Corp.		36,746		1,463,961
Cousins Properties, Inc.		51,346		1,250,275
Piedmont Office Realty Trust, Inc. — Class A		159,965		1,137,351
Highwoods Properties, Inc.		33,506		769,298
Hudson Pacific Properties, Inc.		46,916		436,788
Empire State Realty Trust, Inc. — Class A		44,415		430,381
Total REITs-Office Property				20,034,421
REITs-Single Tenant - 5.1%
Realty Income Corp.		137,960		7,921,663
Agree Realty Corp.		93,407		5,879,971
Four Corners Property Trust, Inc.		117,291		2,967,462
NNN REIT, Inc.		41,995		1,809,984
Total REITs-Single Tenant				18,579,080
REITs-Regional Malls - 4.2%
Simon Property Group, Inc.		105,583		15,060,359
REITs-Manufactured Homes - 3.1%
Sun Communities, Inc.		55,027		7,354,359
Equity LifeStyle Properties, Inc.		54,134		3,818,612
Total REITs-Manufactured Homes				11,172,971
REITs-Hotels - 3.0%
Ryman Hospitality Properties, Inc.		44,248		4,869,935
Host Hotels & Resorts, Inc.		200,380		3,901,399
Apple Hospitality REIT, Inc.		60,819		1,010,204
Pebblebrook Hotel Trust		40,109		640,942
Total REITs-Hotels				10,422,480
Total REITs				343,663,283
Total Common Stocks
(Cost $340,359,361)				343,663,283
MONEY MARKET FUND† - 3.1%
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 5.25%1		11,245,753		11,245,753
Total Money Market Fund
(Cost $11,245,753)				11,245,753
Total Investments - 98.7%
(Cost $351,605,114)			$	354,909,036
COMMON STOCKS SOLD SHORT† - (3.1)%
REITs - (3.1)%
REITs-Storage - (0.1)%
CubeSmart		8,317		(385,493	)
REITs-Diversified - (0.1)%
WP Carey, Inc.		2,288		(148,285	)
Broadstone Net Lease, Inc.		16,973		(292,275	)
Total REITs-Diversified				(440,560	)
REITs-Regional Malls - (0.1)%
Macerich Co.		30,880		(476,478	)
REITs-Warehouse/Industries - (0.3)%
EastGroup Properties, Inc.		1,519		(278,797	)

Risk Managed Real Estate Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS SOLD SHORT† - (3.1)% (continued)
REITs - (3.1)% (continued)
REITs-Warehouse/Industries - (0.3)% (continued)
STAG Industrial, Inc.		16,624	$	(652,658	)
Total REITs-Warehouse/Industries				(931,455	)
REITs-Hotels - (0.3)%
Service Properties Trust		22,564		(192,697	)
Pebblebrook Hotel Trust		24,754		(395,569	)
Sunstone Hotel Investors, Inc.		51,426		(551,801	)
Total REITs-Hotels				(1,140,067	)
REITs-Single Tenant - (0.4)%
NNN REIT, Inc.		16,084		(693,220	)
Realty Income Corp.		12,935		(742,728	)
Total REITs-Single Tenant				(1,435,948	)
REITs-Health Care - (0.4)%
Omega Healthcare Investors, Inc.		9,769		(299,518	)
Welltower, Inc.		3,898		(351,483	)
LTC Properties, Inc.		12,360		(397,003	)
National Health Investors, Inc.		7,709		(430,548	)
Total REITs-Health Care				(1,478,552	)
REITs-Office Property - (0.4)%
Cousins Properties, Inc.		7,446		(181,310	)
Douglas Emmett, Inc.		46,869		(679,601	)
JBG SMITH Properties		40,385		(686,949	)
Total REITs-Office Property				(1,547,860	)
REITs-Apartments - (0.5)%
Mid-America Apartment Communities, Inc.		2,519		(338,705	)
Camden Property Trust		3,434		(340,962	)
Apartment Income REIT Corp.		10,618		(368,763	)
Essex Property Trust, Inc.		2,295		(569,022	)
Total REITs-Apartments				(1,617,452	)
REITs-Shopping Centers - (0.5)%
Federal Realty Investment Trust		7,326		(754,944	)
Phillips Edison & Company, Inc.		24,241		(884,312	)
Total REITs-Shopping Centers				(1,639,256	)
Total REITs				(11,093,121	)
Total Common Stocks Sold Short
(Proceeds $10,172,711)				(11,093,121	)
EXCHANGE-TRADED FUNDS SOLD SHORT† - (0.2)%
Vanguard Real Estate ETF		7,990		(705,996	)
Total Exchange-Traded Funds Sold Short
(Proceeds $657,913)				(705,996	)
Total Securities Sold Short - (3.3)%
(Proceeds $10,830,624)			$	(11,799,117	)
Other Assets & Liabilities, net - 4.6%				16,605,454
Total Net Assets - 100.0%			$	359,715,373

Custom Basket Swap Agreements

Counterparty	Reference Obligation	Type	Financing Rate	Payment Frequency	Maturity Date	Notional Amount		Value and Unrealized Appreciation
OTC Custom Basket Swap Agreements††
Goldman Sachs International	GS Equity Custom Basket	Pay	5.78% (Federal Funds Rate + 0.45%)	At Maturity	05/06/24	$	29,678,925	$	3,401,506
Morgan Stanley Capital Services LLC	MS Equity Custom Basket	Pay	5.73% (Federal Funds Rate + 0.40%)	At Maturity	11/12/24		29,673,630		3,381,837
Goldman Sachs International	GS Equity Custom Basket	Pay	5.78% (Federal Funds Rate + 0.45%)	At Maturity	05/17/28		14,139,329		2,039,790
Morgan Stanley Capital Services LLC	MS Equity Custom Basket	Pay	5.73% (Federal Funds Rate + 0.40%)	At Maturity	08/03/28		14,139,329		2,039,407
						$	87,631,213	$	10,862,540
OTC Custom Basket Swap Agreements Sold Short††
Goldman Sachs International	GS Equity Custom Basket	Receive	5.13% (Federal Funds Rate - 0.20%)	At Maturity	05/06/24	$	29,870,690	$	1,196,480
Morgan Stanley Capital Services LLC	MS Equity Custom Basket	Receive	5.01% (Federal Funds Rate - 0.32%)	At Maturity	11/12/24		29,870,681		1,190,600
						$	59,741,371	$	2,387,080

Risk Managed Real Estate Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

GS EQUITY LONG CUSTOM BASKET
	Shares		Percentage Notional Amount			Value and Unrealized Appreciation (Depreciation)
Financial
Ryman Hospitality Properties, Inc.		17,767		6.59	%	$	569,624
Boston Properties, Inc.		26,759		6.33	%		324,515
Gaming and Leisure Properties, Inc.		27,354		4.55	%		320,077
CareTrust REIT, Inc.		57,951		4.37	%		257,510
Extra Space Storage, Inc.		7,134		3.85	%		246,489
Simon Property Group, Inc.		7,942		3.82	%		240,473
Ventas, Inc.		30,516		5.12	%		226,122
Host Hotels & Resorts, Inc.		64,578		4.24	%		214,196
Sun Communities, Inc.		5,866		2.64	%		162,414
Kimco Realty Corp.		36,888		2.65	%		160,016
VICI Properties, Inc.		43,689		4.69	%		153,627
Brixmor Property Group, Inc.		61,994		4.86	%		145,674
InvenTrust Properties Corp.		46,857		4.00	%		113,052
Invitation Homes, Inc.		65,355		7.51	%		87,809
Digital Realty Trust, Inc.		5,309		2.41	%		84,474
Americold Realty Trust, Inc.		22,920		2.34	%		81,221
Kite Realty Group Trust		30,780		2.37	%		69,772
AvalonBay Communities, Inc.		3,684		2.32	%		67,585
American Homes 4 Rent — Class A		18,447		2.24	%		40,723
Sabra Health Care REIT, Inc.		90,127		4.33	%		31,084
Highwoods Properties, Inc.		9,098		0.70	%		19,094
Piedmont Office Realty Trust, Inc. — Class A		3,401		0.08	%		6,463
Rexford Industrial Realty, Inc.		30,307		5.73	%		(12,584	)
Agree Realty Corp.		22,572		4.79	%		(24,232	)
Healthpeak Properties, Inc.		41,852		2.79	%		(38,499	)
Alexandria Real Estate Equities, Inc.		10,949		4.68	%		(145,193	)
Total Financial							3,401,506
Total GS Equity Long Custom Basket						$	3,401,506
GS EQUITY SHORT CUSTOM BASKET
Douglas Emmett, Inc.		120,193		(5.83	)%		1,255,574
Realty Income Corp.		33,170		(6.38	)%		394,452
Broadstone Net Lease, Inc.		43,527		(2.51	)%		369,909
Mid-America Apartment Communities, Inc.		6,460		(2.91	)%		324,419
Camden Property Trust		8,805		(2.93	)%		294,121
Apartment Income REIT Corp.		27,228		(3.17	)%		275,880
Essex Property Trust, Inc.		5,885		(4.88	)%		153,341
Service Properties Trust		57,864		(1.65	)%		31,649
LTC Properties, Inc.		31,696		(3.41	)%		18,419
JBG SMITH Properties		103,564		(5.90	)%		(15,362	)
STAG Industrial, Inc.		42,630		(5.60	)%		(32,226	)
Cousins Properties, Inc.		19,038		(1.55	)%		(48,648	)
Omega Healthcare Investors, Inc.		25,051		(2.57	)%		(62,582	)
National Health Investors, Inc.		19,770		(3.70	)%		(65,652	)
Federal Realty Investment Trust		18,787		(6.48	)%		(71,047	)
EastGroup Properties, Inc.		3,896		(2.39	)%		(101,589	)
Pebblebrook Hotel Trust		63,479		(3.40	)%		(112,353	)
Sunstone Hotel Investors, Inc.		131,877		(4.74	)%		(132,991	)
Phillips Edison & Company, Inc.		62,164		(7.59	)%		(185,558	)
Welltower, Inc.		9,995		(3.02	)%		(225,166	)
CubeSmart		21,328		(3.31	)%		(257,239	)
NNN REIT, Inc.		41,247		(5.95	)%		(318,945	)
Macerich Co.		79,190		(4.09	)%		(328,903	)
Total Financial							1,159,503
Exchange Traded Funds
Vanguard Real Estate ETF		20,429		(6.04	)%		36,977
Total GS Equity Short Custom Basket						$	1,196,480

Risk Managed Real Estate Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

GS EQUITY LONG CUSTOM BASKET
	Shares		Percentage Notional Amount			Value and Unrealized Appreciation (Depreciation)
Financial
Prologis, Inc.		13,433		12.67	%	$	335,553
Simon Property Group, Inc.		4,365		4.40	%		149,531
Extra Space Storage, Inc.		3,167		3.59	%		128,011
Public Storage		2,325		5.02	%		113,830
Equinix, Inc.		1,277		7.27	%		102,402
Alexandria Real Estate Equities, Inc.		2,924		2.62	%		81,203
VICI Properties, Inc.		17,741		4.00	%		67,300
Ventas, Inc.		7,721		2.72	%		65,945
Digital Realty Trust, Inc.		4,502		4.29	%		61,199
Kimco Realty Corp.		11,555		1.74	%		47,209
Boston Properties, Inc.		2,774		1.38	%		44,374
Sun Communities, Inc.		2,246		2.12	%		42,696
AvalonBay Communities, Inc.		2,252		2.98	%		42,640
Realty Income Corp.		5,876		2.39	%		42,616
Iron Mountain, Inc.		3,763		1.86	%		41,974
Welltower, Inc.		5,005		3.19	%		41,280
Rexford Industrial Realty, Inc.		4,388		1.74	%		39,357
Invitation Homes, Inc.		15,909		3.84	%		39,101
Ryman Hospitality Properties, Inc.		1,590		1.24	%		38,107
Healthpeak Properties, Inc.		13,877		1.94	%		37,954
WP Carey, Inc.		2,591		1.19	%		30,476
Agree Realty Corp.		3,604		1.60	%		28,792
Gaming and Leisure Properties, Inc.		5,574		1.95	%		27,585
Essex Property Trust, Inc.		676		1.19	%		26,444
Brixmor Property Group, Inc.		8,460		1.39	%		26,311
Host Hotels & Resorts, Inc.		7,463		1.03	%		26,026
Equity Residential		6,049		2.62	%		25,828
Regency Centers Corp.		2,255		1.07	%		20,102
Kite Realty Group Trust		6,647		1.07	%		16,020
Four Corners Property Trust, Inc.		4,996		0.89	%		15,773
Kilroy Realty Corp.		1,565		0.44	%		15,645
Equity LifeStyle Properties, Inc.		2,306		1.15	%		15,577
American Homes 4 Rent — Class A		6,261		1.59	%		14,461
Healthcare Realty Trust, Inc.		5,073		0.62	%		13,298
UDR, Inc.		3,260		0.88	%		13,201
NNN REIT, Inc.		1,789		0.55	%		12,809
National Storage Affiliates Trust		1,162		0.34	%		11,892
First Industrial Realty Trust, Inc.		1,637		0.61	%		11,588
Cousins Properties, Inc.		2,187		0.38	%		11,500
CareTrust REIT, Inc.		6,961		1.10	%		11,060
Piedmont Office Realty Trust, Inc. — Class A		6,427		0.32	%		10,916
InvenTrust Properties Corp.		4,952		0.89	%		10,483
Americold Realty Trust, Inc.		5,630		1.21	%		10,051
Mid-America Apartment Communities, Inc.		805		0.77	%		7,759
Terreno Realty Corp.		961		0.43	%		7,411
Hudson Pacific Properties, Inc.		1,998		0.13	%		7,282
EPR Properties		907		0.31	%		6,163
Federal Realty Investment Trust		404		0.29	%		6,025
Pebblebrook Hotel Trust		1,708		0.19	%		5,767
Sabra Health Care REIT, Inc.		11,569		1.17	%		5,720
Highwoods Properties, Inc.		1,382		0.22	%		5,634
Camden Property Trust		561		0.39	%		4,588
Acadia Realty Trust		1,240		0.15	%		3,889
Retail Opportunity Investments Corp.		1,672		0.17	%		3,767
Apple Hospitality REIT, Inc.		2,591		0.30	%		3,691
Empire State Realty Trust, Inc. — Class A		1,892		0.13	%		3,558
Medical Properties Trust, Inc.		7,870		0.27	%		416
Total Financial							2,039,790
Total GS Equity Long Custom Basket						$	2,039,790

Risk Managed Real Estate Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

MS EQUITY LONG CUSTOM BASKET
	Shares		Percentage Notional Amount			Value and Unrealized Appreciation
Financial
Prologis, Inc.		13,433		12.67	%	$	335,325
Simon Property Group, Inc.		4,365		4.40	%		149,435
Extra Space Storage, Inc.		3,167		3.59	%		127,986
Public Storage		2,325		5.02	%		113,745
Equinix, Inc.		1,277		7.27	%		102,744
Alexandria Real Estate Equities, Inc.		2,924		2.62	%		81,151
VICI Properties, Inc.		17,741		4.00	%		67,285
Ventas, Inc.		7,721		2.72	%		65,972
Digital Realty Trust, Inc.		4,502		4.29	%		61,078
Kimco Realty Corp.		11,555		1.74	%		47,205
Boston Properties, Inc.		2,774		1.38	%		44,427
Sun Communities, Inc.		2,246		2.12	%		42,739
AvalonBay Communities, Inc.		2,252		2.98	%		42,614
Realty Income Corp.		5,876		2.39	%		42,596
Iron Mountain, Inc.		3,763		1.86	%		42,008
Welltower, Inc.		5,005		3.19	%		41,240
Rexford Industrial Realty, Inc.		4,388		1.74	%		39,321
Invitation Homes, Inc.		15,909		3.84	%		39,075
Ryman Hospitality Properties, Inc.		1,590		1.24	%		38,121
Healthpeak Properties, Inc.		13,877		1.94	%		37,953
WP Carey, Inc.		2,591		1.19	%		30,507
Agree Realty Corp.		3,604		1.60	%		28,821
Gaming and Leisure Properties, Inc.		5,574		1.95	%		27,578
Essex Property Trust, Inc.		676		1.19	%		26,417
Brixmor Property Group, Inc.		8,460		1.39	%		26,316
Host Hotels & Resorts, Inc.		7,463		1.03	%		26,045
Equity Residential		6,049		2.62	%		25,770
Regency Centers Corp.		2,255		1.07	%		20,155
Kite Realty Group Trust		6,647		1.07	%		15,990
Four Corners Property Trust, Inc.		4,996		0.89	%		15,719
Kilroy Realty Corp.		1,565		0.44	%		15,665
Equity LifeStyle Properties, Inc.		2,306		1.15	%		15,554
American Homes 4 Rent — Class A		6,261		1.59	%		14,450
Healthcare Realty Trust, Inc.		5,073		0.62	%		13,292
UDR, Inc.		3,260		0.88	%		13,210
NNN REIT, Inc.		1,789		0.55	%		12,809
National Storage Affiliates Trust		1,162		0.34	%		11,888
First Industrial Realty Trust, Inc.		1,637		0.61	%		11,587
Cousins Properties, Inc.		2,187		0.38	%		11,505
CareTrust REIT, Inc.		6,961		1.10	%		11,015
Piedmont Office Realty Trust, Inc. — Class A		6,427		0.32	%		10,922
InvenTrust Properties Corp.		4,952		0.89	%		10,523
Americold Realty Trust, Inc.		5,630		1.21	%		10,018
Mid-America Apartment Communities, Inc.		805		0.77	%		7,736
Terreno Realty Corp.		961		0.43	%		7,410
Hudson Pacific Properties, Inc.		1,998		0.13	%		7,285
EPR Properties		907		0.31	%		6,163
Federal Realty Investment Trust		404		0.29	%		6,018
Pebblebrook Hotel Trust		1,708		0.19	%		5,765
Sabra Health Care REIT, Inc.		11,569		1.17	%		5,734
Highwoods Properties, Inc.		1,382		0.22	%		5,638
Camden Property Trust		561		0.39	%		4,575
Acadia Realty Trust		1,240		0.15	%		3,888
Retail Opportunity Investments Corp.		1,672		0.17	%		3,776
Apple Hospitality REIT, Inc.		2,591		0.30	%		3,688
Empire State Realty Trust, Inc. — Class A		1,892		0.13	%		3,558
Medical Properties Trust, Inc.		7,870		0.27	%		397
Total Financial							2,039,407
Total MS Equity Long Custom Basket						$	2,039,407

Risk Managed Real Estate Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

MS EQUITY LONG CUSTOM BASKET
	Shares		Percentage Notional Amount			Value and Unrealized Appreciation (Depreciation)
Financial
Ryman Hospitality Properties, Inc.		17,767		6.59	%	$	568,831
Boston Properties, Inc.		26,759		6.33	%		322,965
Gaming and Leisure Properties, Inc.		27,354		4.55	%		319,532
CareTrust REIT, Inc.		57,951		4.37	%		258,067
Simon Property Group, Inc.		7,942		3.82	%		253,895
Extra Space Storage, Inc.		7,134		3.85	%		246,046
Ventas, Inc.		30,516		5.13	%		225,267
Host Hotels & Resorts, Inc.		64,578		4.24	%		213,834
Sun Communities, Inc.		5,866		2.64	%		162,793
Kimco Realty Corp.		36,888		2.65	%		158,463
VICI Properties, Inc.		43,689		4.69	%		154,694
Brixmor Property Group, Inc.		61,994		4.86	%		145,512
InvenTrust Properties Corp.		46,857		4.00	%		108,602
Invitation Homes, Inc.		65,355		7.51	%		92,541
Digital Realty Trust, Inc.		5,309		2.41	%		84,158
Americold Realty Trust, Inc.		22,920		2.34	%		77,327
AvalonBay Communities, Inc.		3,684		2.32	%		67,609
Kite Realty Group Trust		30,780		2.37	%		64,910
American Homes 4 Rent — Class A		18,447		2.24	%		40,669
Sabra Health Care REIT, Inc.		90,127		4.33	%		34,533
Highwoods Properties, Inc.		2,727		0.21	%		5,746
Piedmont Office Realty Trust, Inc. — Class A		23,231		0.56	%		(4,017	)
Rexford Industrial Realty, Inc.		30,307		5.73	%		(15,121	)
Agree Realty Corp.		22,572		4.79	%		(17,574	)
Healthpeak Properties, Inc.		41,852		2.79	%		(41,851	)
Alexandria Real Estate Equities, Inc.		10,949		4.68	%		(145,594	)
Total Financial							3,381,837
Total MS Equity Long Custom Basket						$	3,381,837
MS EQUITY SHORT CUSTOM BASKET
Financial
Douglas Emmett, Inc.		120,193		(5.83	)%		1,252,091
Realty Income Corp.		33,170		(6.38	)%		393,894
Broadstone Net Lease, Inc.		43,527		(2.51	)%		376,463
Mid-America Apartment Communities, Inc.		6,460		(2.91	)%		323,308
Camden Property Trust		8,805		(2.93	)%		294,167
Apartment Income REIT Corp.		27,228		(3.17	)%		276,088
Essex Property Trust, Inc.		5,885		(4.88	)%		161,673
Service Properties Trust		57,864		(1.65	)%		29,228
LTC Properties, Inc.		31,696		(3.41	)%		21,358
JBG SMITH Properties		103,564		(5.90	)%		(11,114	)
STAG Industrial, Inc.		42,630		(5.60	)%		(32,637	)
Cousins Properties, Inc.		19,038		(1.55	)%		(48,693	)
National Health Investors, Inc.		19,770		(3.70	)%		(61,591	)
Omega Healthcare Investors, Inc.		25,051		(2.57	)%		(61,747	)
Federal Realty Investment Trust		18,787		(6.48	)%		(68,671	)
EastGroup Properties, Inc.		3,896		(2.39	)%		(100,838	)
Pebblebrook Hotel Trust		63,479		(3.40	)%		(114,175	)
Sunstone Hotel Investors, Inc.		131,877		(4.74	)%		(136,571	)
Phillips Edison & Company, Inc.		62,164		(7.59	)%		(181,396	)
Welltower, Inc.		9,995		(3.02	)%		(224,417	)
CubeSmart		21,328		(3.31	)%		(257,503	)
NNN REIT, Inc.		41,247		(5.95	)%		(318,564	)
Macerich Co.		79,190		(4.09	)%		(356,822	)
Total Financial							1,153,531
Exchange-Traded Funds
Vanguard Real Estate ETF		20,429		(6.04	)%		37,069
Total MS Equity Short Custom Basket						$	1,190,600

Risk Managed Real Estate Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

†	Value determined based on Level 1 inputs — See Note 3.
††	Value determined based on Level 2 inputs — See Note 3.
1	Rate indicated is the 7-day yield as of December 31, 2023.

GS — Goldman Sachs International

MS — Morgan Stanley Capital Services LLC

REIT — Real Estate Investment Trust

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments):

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	343,663,283	$	—	$	—	$	343,663,283
Money Market Fund		11,245,753		—		—		11,245,753
Equity Custom Basket Swap Agreements**		—		13,249,620		—		13,249,620
Total Assets	$	354,909,036	$	13,249,620	$	—	$	368,158,656

Investments in Securities (Liabilities)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks Sold Short	$	11,093,121	$	—	$	—	$	11,093,121
Exchange-Traded Funds Sold Short		705,996		—		—		705,996
Total Liabilities	$	11,799,117	$	—	$	—	$	11,799,117

** This derivative is reported as unrealized appreciation/depreciation at period end.

Small Cap Value Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 94.5%
Financial - 27.5%
First Merchants Corp.		2,378	$	88,176
Cathay General Bancorp		1,919		85,530
Old National Bancorp		4,783		80,785
Stifel Financial Corp.		1,141		78,900
STAG Industrial, Inc. REIT		1,972		77,421
Banc of California, Inc.		5,334		71,636
MGIC Investment Corp.		3,456		66,666
First Horizon Corp.		4,469		63,281
Physicians Realty Trust REIT		4,694		62,477
Hanmi Financial Corp.		3,167		61,440
Unum Group		1,349		61,002
Stewart Information Services Corp.		1,032		60,630
LXP Industrial Trust REIT		5,801		57,546
First American Financial Corp.		853		54,967
Prosperity Bancshares, Inc.		785		53,168
Hancock Whitney Corp.		1,085		52,720
Apple Hospitality REIT, Inc.		2,566		42,621
Simmons First National Corp. — Class A		2,108		41,823
Old Republic International Corp.		1,264		37,162
Synovus Financial Corp.		948		35,692
Independent Bank Group, Inc.		636		32,359
Axos Financial, Inc.*		585		31,941
Sunstone Hotel Investors, Inc. REIT		2,939		31,535
BOK Financial Corp.		335		28,693
UMB Financial Corp.		338		28,240
United Bankshares, Inc.		711		26,698
First Hawaiian, Inc.		1,095		25,032
United Community Banks, Inc.		793		23,203
RMR Group, Inc. — Class A		752		21,229
Piedmont Office Realty Trust, Inc. — Class A REIT		2,170		15,429
Total Financial				1,498,002
Industrial - 20.8%
Arcosa, Inc.		1,029		85,036
Moog, Inc. — Class A		519		75,141
Summit Materials, Inc. — Class A*		1,911		73,497
Knight-Swift Transportation Holdings, Inc.		1,220		70,333
Kirby Corp.*		890		69,847
Advanced Energy Industries, Inc.		603		65,679
Daseke, Inc.*		7,729		62,605
Mercury Systems, Inc.*		1,605		58,695
Curtiss-Wright Corp.		258		57,479
PGT Innovations, Inc.*		1,327		54,009
Sonoco Products Co.		919		51,344
Esab Corp.		577		49,980
Terex Corp.		810		46,543
MDU Resources Group, Inc.		2,345		46,431
Graphic Packaging Holding Co.		1,704		42,004
EnerSys		401		40,485
Belden, Inc.		486		37,543
Littelfuse, Inc.		139		37,191
Park Aerospace Corp.		2,491		36,618
Stoneridge, Inc.*		1,157		22,642
Plexus Corp.*		197		21,302
Masonite International Corp.*		160		13,546
NVE Corp.		164		12,862
Total Industrial				1,130,812
Consumer, Non-cyclical - 12.2%
Euronet Worldwide, Inc.*		1,077		109,305
Encompass Health Corp.		1,385		92,407
Enovis Corp.*		1,511		84,646
Central Garden & Pet Co. — Class A*		1,341		59,057
Ingredion, Inc.		439		47,645
Certara, Inc.*		2,690		47,317
LivaNova plc*		906		46,877
ICF International, Inc.		286		38,350
Azenta, Inc.*		474		30,876
Perdoceo Education Corp.		1,747		30,677
Addus HomeCare Corp.*		315		29,248
Integer Holdings Corp.*		271		26,851
Ironwood Pharmaceuticals, Inc. — Class A*		1,738		19,883
Total Consumer, Non-cyclical				663,139
Energy - 10.8%
Pioneer Natural Resources Co.		831		186,875
Liberty Energy, Inc. — Class A		5,306		96,251
Murphy Oil Corp.		2,104		89,757
CNX Resources Corp.*		3,432		68,640
Talos Energy, Inc.*		2,585		36,785
Baytex Energy Corp.		10,566		35,079
Diamondback Energy, Inc.		202		31,326
Range Resources Corp.		792		24,108
Patterson-UTI Energy, Inc.		1,930		20,844
Total Energy				589,665
Consumer, Cyclical - 9.4%
Rush Enterprises, Inc. — Class A		2,335		117,450
H&E Equipment Services, Inc.		1,496		78,271
Alaska Air Group, Inc.*		1,064		41,570
Levi Strauss & Co. — Class A		2,473		40,903
MSC Industrial Direct Company, Inc. — Class A		393		39,795
MarineMax, Inc.*		886		34,465
Lakeland Industries, Inc.		1,779		32,983
Methode Electronics, Inc.		987		22,435
Whirlpool Corp.		182		22,162
Macy's, Inc.		1,063		21,388
Newell Brands, Inc.		2,347		20,372
Sonic Automotive, Inc. — Class A		263		14,783
Advance Auto Parts, Inc.		216		13,183
Crocs, Inc.*		122		11,396
Total Consumer, Cyclical				511,156
Utilities - 4.2%
OGE Energy Corp.		2,711		94,695
Spire, Inc.		624		38,900
Black Hills Corp.		659		35,553
Avista Corp.		883		31,558
ALLETE, Inc.		491		30,030
Total Utilities				230,736
Technology - 3.8%
Science Applications International Corp.		682		84,786
Amkor Technology, Inc.		1,605		53,398

Small Cap Value Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 94.5% (continued)
Technology - 3.8% (continued)
Wolfspeed, Inc.*		717	$	31,197
LivePerson, Inc.*		6,051		22,934
Axcelis Technologies, Inc.*		103		13,358
Total Technology				205,673
Basic Materials - 3.4%
Avient Corp.		1,552		64,517
Ashland, Inc.		565		47,635
Commercial Metals Co.		805		40,282
Huntsman Corp.		1,256		31,563
Total Basic Materials				183,997
Communications - 2.4%
Ciena Corp.*		743		33,443
Calix, Inc.*		713		31,151
TEGNA, Inc.		1,694		25,918
Gray Television, Inc.		2,729		24,452
Luna Innovations, Inc.*		2,782		18,500
Total Communications				133,464
Total Common Stocks
(Cost $4,750,184)				5,146,644
CONVERTIBLE PREFERRED STOCKS††† - 0.0%
Industrial - 0.0%
Thermoenergy Corp.*,1		6,250		—
Total Convertible Preferred Stocks
(Cost $5,968)				—
RIGHTS† - 0.2%
Basic Materials - 0.2%
Pan American Silver Corp.*		17,705		9,118
Total Rights
(Cost $–)				9,118
EXCHANGE-TRADED FUNDS† - 2.9%
SPDR S&P Biotech ETF		1,778		158,758
Total Exchange-Traded Funds
(Cost $147,368)				158,758
MONEY MARKET FUND† - 0.8%
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 5.25%2		45,796		45,796
Total Money Market Fund
(Cost $45,796)				45,796
Total Investments - 98.4%
(Cost $4,949,316)			$	5,360,316
Other Assets & Liabilities, net - 1.6%				85,669
Total Net Assets - 100.0%			$	5,445,985

*	Non-income producing security.
†	Value determined based on Level 1 inputs — See Note 3.
†††	Value determined based on Level 3 inputs — See Note 3.
1	PIPE (Private Investment in Public Equity) - Stock issued by a company in the secondary market as a means of raising capital more quickly and less expensively than through registration of a secondary public offering.
2	Rate indicated is the 7-day yield as of December 31, 2023.

plc — Public Limited Company

REIT — Real Estate Investment Trust

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments):

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs			Total
Common Stocks	$	5,146,644	$	—	$	—		$	5,146,644
Convertible Preferred Stocks		—		—		—	*		—
Rights		9,118		—		—			9,118
Exchange-Traded Funds		158,758		—		—			158,758
Money Market Fund		45,796		—		—			45,796
Total Assets	$	5,360,316	$	—	$	—		$	5,360,316

* Security has a market value of $0.

SMid Cap Value Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 99.4%
Industrial - 24.8%
Curtiss-Wright Corp.		37,616	$	8,380,469
Graphic Packaging Holding Co.		279,720		6,895,098
Teledyne Technologies, Inc.*		15,382		6,864,833
Knight-Swift Transportation Holdings, Inc.		99,408		5,730,871
Summit Materials, Inc. — Class A*		141,380		5,437,475
Kirby Corp.*		64,915		5,094,529
Advanced Energy Industries, Inc.		42,919		4,674,737
Daseke, Inc.*		576,933		4,673,158
Coherent Corp.*		106,220		4,623,757
Arcosa, Inc.		55,422		4,580,074
Johnson Controls International plc		76,754		4,424,100
PGT Innovations, Inc.*		94,331		3,839,272
Esab Corp.		41,571		3,600,880
Mercury Systems, Inc.*		96,209		3,518,363
Terex Corp.		56,576		3,250,857
MDU Resources Group, Inc.		160,895		3,185,721
EnerSys		26,876		2,713,401
Littelfuse, Inc.		9,911		2,651,787
Park Aerospace Corp.		174,887		2,570,839
Masonite International Corp.*		22,782		1,928,724
Sonoco Products Co.		34,129		1,906,787
Stoneridge, Inc.*		82,637		1,617,206
Plexus Corp.*		14,344		1,551,017
GATX Corp.		8,247		991,454
NVE Corp.		11,642		913,082
Total Industrial				95,618,491
Financial - 21.6%
Unum Group		205,355		9,286,153
Prosperity Bancshares, Inc.		108,788		7,368,211
Markel Group, Inc.*		4,955		7,035,604
First Merchants Corp.		169,562		6,287,359
Alexandria Real Estate Equities, Inc. REIT		45,826		5,809,362
Stifel Financial Corp.		82,644		5,714,832
Old Republic International Corp.		178,191		5,238,815
Jefferies Financial Group, Inc.		122,785		4,961,742
First American Financial Corp.		57,283		3,691,317
Sun Communities, Inc. REIT		24,554		3,281,642
Apple Hospitality REIT, Inc.		191,498		3,180,782
Ventas, Inc. REIT		61,227		3,051,553
Stewart Information Services Corp.		49,893		2,931,214
Jones Lang LaSalle, Inc.*		13,878		2,621,138
Synovus Financial Corp.		61,975		2,333,359
Axos Financial, Inc.*		42,006		2,293,528
Gaming and Leisure Properties, Inc. REIT		46,248		2,282,339
BOK Financial Corp.		24,063		2,060,996
First Horizon Corp.		135,452		1,918,000
WisdomTree, Inc.		147,586		1,022,771
UMB Financial Corp.		12,159		1,015,885
Total Financial				83,386,602
Consumer, Non-cyclical - 15.1%
Ingredion, Inc.		87,551		9,501,910
Euronet Worldwide, Inc.*		66,598		6,759,031
Encompass Health Corp.		96,089		6,411,058
Bunge Global S.A.		62,499		6,309,274
Enovis Corp.*		108,056		6,053,297
Integer Holdings Corp.*		53,596		5,310,292
Central Garden & Pet Co. — Class A*		88,668		3,904,939
Henry Schein, Inc.*		37,516		2,840,337
ICF International, Inc.		19,374		2,597,859
Azenta, Inc.*		33,889		2,207,529
LivaNova plc*		39,390		2,038,039
Certara, Inc.*		109,254		1,921,778
Ironwood Pharmaceuticals, Inc. — Class A*		101,303		1,158,906
Jazz Pharmaceuticals plc*		7,906		972,438
Total Consumer, Non-cyclical				57,986,687
Technology - 8.7%
Evolent Health, Inc. — Class A*		213,537		7,053,127
Teradyne, Inc.		59,776		6,486,891
Science Applications International Corp.		43,533		5,412,023
Leidos Holdings, Inc.		45,214		4,893,963
MACOM Technology Solutions Holdings, Inc.*		50,130		4,659,583
Wolfspeed, Inc.*		52,303		2,275,704
LivePerson, Inc.*		433,833		1,644,227
Axcelis Technologies, Inc.*		7,330		950,628
Total Technology				33,376,146
Energy - 8.6%
Pioneer Natural Resources Co.		41,568		9,347,812
Diamondback Energy, Inc.		40,485		6,278,414
Murphy Oil Corp.		98,302		4,193,563
Liberty Energy, Inc. — Class A		165,250		2,997,635
Equities Corp.		73,308		2,834,087
Talos Energy, Inc.*		188,175		2,677,730
Kinder Morgan, Inc.		112,598		1,986,229
Range Resources Corp.		56,484		1,719,373
Patterson-UTI Energy, Inc.		116,563		1,258,881
HydroGen Corp.*,†††,1		1,265,700		1
Total Energy				33,293,725
Basic Materials - 6.8%
Reliance Steel & Aluminum Co.		20,537		5,743,788
Westlake Corp.		36,815		5,152,627
Avient Corp.		109,330		4,544,848
Nucor Corp.		24,912		4,335,685
Ashland, Inc.		41,548		3,502,912
Huntsman Corp.		111,621		2,805,036
Total Basic Materials				26,084,896
Consumer, Cyclical - 6.4%
H&E Equipment Services, Inc.		105,031		5,495,222
MSC Industrial Direct Company, Inc. — Class A		53,460		5,413,360
Whirlpool Corp.		28,650		3,488,710
Lear Corp.		14,734		2,080,588
Methode Electronics, Inc.		68,189		1,549,936
Lakeland Industries, Inc.		82,219		1,524,340
Newell Brands, Inc.		141,095		1,224,705
Sonic Automotive, Inc. — Class A		18,850		1,059,558
Levi Strauss & Co. — Class A		60,363		998,404
Advance Auto Parts, Inc.		15,431		941,754

SMid Cap Value Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 99.4% (continued)
Consumer, Cyclical - 6.4% (continued)
Crocs, Inc.*		8,733	$	815,750
Total Consumer, Cyclical				24,592,327
Utilities - 5.9%
Evergy, Inc.		142,042		7,414,593
OGE Energy Corp.		206,412		7,209,971
Pinnacle West Capital Corp.		84,650		6,081,256
Black Hills Corp.		35,919		1,937,830
Total Utilities				22,643,650
Communications - 1.5%
Calix, Inc.*		51,895		2,267,292
Ciena Corp.*		47,396		2,133,294
Luna Innovations, Inc.*		202,181		1,344,504
Total Communications				5,745,090
Total Common Stocks
(Cost $311,874,379)				382,727,614
CONVERTIBLE PREFERRED STOCKS††† - 0.0%
Industrial - 0.0%
Thermoenergy Corp.*,2		1,652,084		5
Total Convertible Preferred Stocks
(Cost $1,577,634)				5
RIGHTS† - 0.1%
Basic Materials - 0.1%
Pan American Silver Corp.*		516,551		266,023
Total Rights
(Cost $–)				266,023
MONEY MARKET FUND† - 0.6%
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 5.25%3		2,230,441		2,230,441
Total Money Market Fund
(Cost $2,230,441)				2,230,441
Total Investments - 100.1%
(Cost $315,682,454)			$	385,224,083
Other Assets & Liabilities, net - (0.1)%				(322,130	)
Total Net Assets - 100.0%			$	384,901,953

*	Non-income producing security.
†	Value determined based on Level 1 inputs, unless otherwise noted — See Note 3.
†††	Value determined based on Level 3 inputs — See Note 3.
1	Affiliated issuer.
2	PIPE (Private Investment in Public Equity) - Stock issued by a company in the secondary market as a means of raising capital more quickly and less expensively than through registration of a secondary public offering.
3	Rate indicated is the 7-day yield as of December 31, 2023.

plc — Public Limited Company

REIT — Real Estate Investment Trust

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments): 

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	382,727,613	$	—	$	1	$	382,727,614
Convertible Preferred Stocks		—		—		5		5
Rights		266,023		—		—		266,023
Money Market Fund		2,230,441		—		—		2,230,441
Total Assets	$	385,224,077	$	—	$	6	$	385,224,083

SMid Cap Value Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

Affiliated Transactions

Investments representing 5% or more of the outstanding voting shares of a company, or control of or by, or common control under Guggenheim Investments, result in that company being considered an affiliated issuer, as defined in the 1940 Act.

Transactions during the period ended December 31, 2023, in which the company is an affiliated issuer, were as follows:

Security Name	Value 09/30/23		Additions		Reductions		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Value 12/31/23		Shares 12/31/23
Common Stock
HydroGen Corp.*	$	2	$	–	$	–	$	–	$	(1	)	$	1		1,265,700

* Non-income producing security.

StylePlus—Large Core Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 21.2%
Technology - 7.1%
Microsoft Corp.		9,880	$	3,714,955
Apple, Inc.		19,048		3,667,311
NVIDIA Corp.		2,225		1,101,864
QUALCOMM, Inc.		4,916		711,001
International Business Machines Corp.		3,940		644,387
Broadcom, Inc.		529		590,496
NXP Semiconductor N.V.		2,551		585,914
Applied Materials, Inc.		3,538		573,404
Microchip Technology, Inc.		6,169		556,320
Skyworks Solutions, Inc.		4,885		549,172
KLA Corp.		859		499,337
NetApp, Inc.		5,382		474,477
Texas Instruments, Inc.		2,478		422,400
Fair Isaac Corp.*		316		367,827
Lam Research Corp.		450		352,467
Hewlett Packard Enterprise Co.		18,175		308,612
HP, Inc.		8,465		254,712
Fortinet, Inc.*		3,400		199,002
Intuit, Inc.		245		153,133
Cognizant Technology Solutions Corp. — Class A		1,940		146,528
Salesforce, Inc.*		550		144,727
Adobe, Inc.*		230		137,218
Total Technology				16,155,264
Consumer, Non-cyclical - 3.4%
Merck & Company, Inc.		7,342		800,425
Amgen, Inc.		2,322		668,783
Gilead Sciences, Inc.		7,393		598,907
Vertex Pharmaceuticals, Inc.*		1,471		598,535
Bristol-Myers Squibb Co.		11,523		591,245
Incyte Corp.*		8,527		535,410
United Rentals, Inc.		922		528,693
Molina Healthcare, Inc.*		1,339		483,794
Philip Morris International, Inc.		4,868		457,982
HCA Healthcare, Inc.		1,681		455,013
Altria Group, Inc.		9,609		387,627
Regeneron Pharmaceuticals, Inc.*		407		357,464
Pfizer, Inc.		7,779		223,957
UnitedHealth Group, Inc.		409		215,326
Humana, Inc.		470		215,171
Eli Lilly & Co.		316		184,203
AbbVie, Inc.		1,091		169,072
Johnson & Johnson		866		135,737
Procter & Gamble Co.		905		132,619
Total Consumer, Non-cyclical				7,739,963
Communications - 3.3%
Alphabet, Inc. — Class C*		11,763		1,657,760
Amazon.com, Inc.*		10,456		1,588,685
Meta Platforms, Inc. — Class A*		2,737		968,789
Cisco Systems, Inc.		14,555		735,319
Booking Holdings, Inc.*		188		666,877
F5, Inc.*		2,738		490,047
Juniper Networks, Inc.		16,425		484,209
VeriSign, Inc.*		2,221		457,437
eBay, Inc.		9,475		413,299
Total Communications				7,462,422
Industrial - 2.6%
Caterpillar, Inc.		2,240		662,301
Lockheed Martin Corp.		1,295		586,946
Deere & Co.		1,451		580,211
Keysight Technologies, Inc.*		3,561		566,520
Illinois Tool Works, Inc.		2,012		527,023
IDEX Corp.		2,362		512,814
Snap-on, Inc.		1,711		494,205
Textron, Inc.		5,625		452,363
Otis Worldwide Corp.		4,741		424,177
Masco Corp.		6,156		412,329
Garmin Ltd.		3,147		404,515
A O Smith Corp.		4,364		359,768
Total Industrial				5,983,172
Consumer, Cyclical - 2.0%
PACCAR, Inc.		5,623		549,086
DR Horton, Inc.		3,189		484,664
Cummins, Inc.		1,998		478,661
WW Grainger, Inc.		570		472,353
Lennar Corp. — Class A		3,108		463,217
PulteGroup, Inc.		4,342		448,181
NVR, Inc.*		62		434,028
Tesla, Inc.*		1,445		359,053
BorgWarner, Inc.		8,737		313,222
Lowe's Companies, Inc.		1,137		253,039
Home Depot, Inc.		711		246,397
General Motors Co.		4,189		150,469
Total Consumer, Cyclical				4,652,370
Financial - 1.4%
Berkshire Hathaway, Inc. — Class B*		1,576		562,096
Hartford Financial Services Group, Inc.		6,236		501,250
Capital One Financial Corp.		3,645		477,932
Everest Group Ltd.		1,195		422,528
Synchrony Financial		10,199		389,500
JPMorgan Chase & Co.		1,995		339,349
Loews Corp.		3,881		270,079
Visa, Inc. — Class A		902		234,836
Total Financial				3,197,570
Energy - 0.9%
EOG Resources, Inc.		4,446		537,744
Valero Energy Corp.		4,084		530,920
Marathon Petroleum Corp.		3,544		525,788
Exxon Mobil Corp.		3,003		300,240
APA Corp.		3,863		138,604
Total Energy				2,033,296
Utilities - 0.4%
Atmos Energy Corp.		4,191		485,737
Public Service Enterprise Group, Inc.		7,776		475,502
Total Utilities				961,239
Basic Materials - 0.1%
CF Industries Holdings, Inc.		2,446		194,457
Total Common Stocks
(Cost $41,841,553)				48,379,753
MUTUAL FUNDS† - 74.4%
Guggenheim Strategy Fund III1		2,935,036		72,055,131
Guggenheim Strategy Fund II1		2,667,059		65,342,944

StylePlus—Large Core Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
MUTUAL FUNDS† - 74.4% (continued)
Guggenheim Ultra Short Duration Fund — Institutional Class1		3,271,229	$	32,221,609
Total Mutual Funds
(Cost $170,452,749)				169,619,684
MONEY MARKET FUND† - 4.6%
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 5.25%2		10,563,021		10,563,021
Total Money Market Fund
(Cost $10,563,021)				10,563,021
Total Investments - 100.2%
(Cost $222,857,323)			$	228,562,458
Other Assets & Liabilities, net - (0.2)%				(453,346	)
Total Net Assets - 100.0%			$	228,109,112

Futures Contracts      

Description	Number of Contracts		Expiration Date	Notional Amount		Value and Unrealized Appreciation**
Equity Futures Contracts Purchased†
S&P 500 Index Mini Futures Contracts		40	Mar 2024	$	9,638,000	$	310,396

Total Return Swap Agreements
Counterparty	Index	Type	Financing Rate	Payment Frequency	Maturity Date	Units		Notional Amount		Value and Unrealized Appreciation
OTC Equity Index Swap Agreements††
Wells Fargo Bank, N.A.	S&P 500 Index	Pay	5.64% (Federal Funds Rate + 0.31%)	At Maturity	01/29/24		16,563	$	171,055,873	$	37,614,242

*	Non-income producing security.
**	Includes cumulative appreciation (depreciation).
†	Value determined based on Level 1 inputs — See Note 3.
††	Value determined based on Level 2 inputs — See Note 3.
1	Affiliated issuer.
2	Rate indicated is the 7-day yield as of December 31, 2023.

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments): 

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	48,379,753	$	—	$	—	$	48,379,753
Mutual Funds		169,619,684		—		—		169,619,684
Money Market Fund		10,563,021		—		—		10,563,021
Equity Futures Contracts**		310,396		—		—		310,396
Equity Index Swap Agreements**		—		37,614,242		—		37,614,242
Total Assets	$	228,872,854	$	37,614,242	$	—	$	266,487,096

** This derivative is reported as unrealized appreciation/depreciation at period end.

StylePlus—Large Core Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

Affiliated Transactions

Investments representing 5% or more of the outstanding voting shares of a company, or control of or by, or common control under Guggenheim Investments ("GI"), result in that company being considered an affiliated issuer, as defined in the 1940 Act.

The Fund may invest in certain of the underlying series of Guggenheim Strategy Funds Trust, including Guggenheim Strategy Fund II and Guggenheim Strategy Fund III, (collectively, the “Short Term Investment Vehicles”), each of which are open-end management investment companies managed by GI. The Short Term Investment Vehicles, which launched on March 11, 2014, are offered as short term investment options only to mutual funds, trusts, and other accounts managed by GI and/or its affiliates, and are not available to the public. The Short Term Investment Vehicles pay no investment management fees. The Short Term Investment Vehicles' annual report on Form N-CSR dated September 30, 2023, is available publicly or upon request. This information is available from the EDGAR database on the SEC's website at https://www.sec.gov/Archives/edgar/data/1601445/000182126823000217/gug86449-ncsr.htm. The Fund may invest in certain of the underlying series of Guggenheim Funds Trust, which are open-end management investment companies managed by GI, are available to the public and whose most recent annual report on Form N-CSR is available publicly or upon request.

Transactions during the period ended December 31, 2023, in which the company is an affiliated issuer, were as follows:  

Security Name	Value 09/30/23		Additions		Reductions			Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)		Value 12/31/23		Shares 12/31/23		Investment Income
Mutual Funds
Guggenheim Strategy Fund II	$	59,650,586	$	8,149,986	$	(3,051,720	)	$	(75,120	)	$	669,212	$	65,342,944		2,667,059	$	867,115
Guggenheim Strategy Fund III		72,469,308		5,815,261		(6,939,120	)		(169,594	)		879,276		72,055,131		2,935,036		912,781
Guggenheim Ultra Short Duration Fund — Institutional Class		31,420,533		475,962		–			–			325,114		32,221,609		3,271,229		475,350
	$	163,540,427	$	14,441,209	$	(9,990,840	)	$	(244,714	)	$	1,873,602	$	169,619,684			$	2,255,246

StylePlus—Mid Growth Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 23.6%
Industrial - 6.1%
Carlisle Companies, Inc.		1,058	$	330,256
Owens Corning		1,743		258,365
UFP Industries, Inc.		1,988		249,593
Donaldson Company, Inc.		3,638		237,743
Middleby Corp.*		1,558		229,291
Lincoln Electric Holdings, Inc.		1,020		221,809
Acuity Brands, Inc.		1,080		221,216
Simpson Manufacturing Company, Inc.		1,090		215,798
Boise Cascade Co.		1,447		187,184
AGCO Corp.		1,414		171,674
Snap-on, Inc.		580		167,527
Mueller Industries, Inc.		3,294		155,312
TopBuild Corp.*		403		150,827
Advanced Drainage Systems, Inc.		1,066		149,923
Masco Corp.		2,074		138,917
Builders FirstSource, Inc.*		808		134,888
Keysight Technologies, Inc.*		839		133,476
Lennox International, Inc.		273		122,173
Timken Co.		1,428		114,454
Graphic Packaging Holding Co.		4,480		110,432
Watts Water Technologies, Inc. — Class A		492		102,503
EMCOR Group, Inc.		428		92,204
Belden, Inc.		1,066		82,349
IDEX Corp.		374		81,199
Graco, Inc.		909		78,865
Illinois Tool Works, Inc.		298		78,058
Applied Industrial Technologies, Inc.		309		53,361
Woodward, Inc.		376		51,185
Comfort Systems USA, Inc.		210		43,191
Total Industrial				4,363,773
Consumer, Cyclical - 4.9%
Deckers Outdoor Corp.*		379		253,335
Brunswick Corp.		2,432		235,296
Gentex Corp.		6,592		215,295
DR Horton, Inc.		1,245		189,215
MSC Industrial Direct Company, Inc. — Class A		1,799		182,167
AutoNation, Inc.*		1,131		169,854
Yum! Brands, Inc.		1,294		169,074
Polaris, Inc.		1,625		154,001
Williams-Sonoma, Inc.		744		150,124
Dolby Laboratories, Inc. — Class A		1,704		146,851
Cummins, Inc.		608		145,659
Boyd Gaming Corp.		2,288		143,252
Toll Brothers, Inc.		1,330		136,711
Harley-Davidson, Inc.		3,290		121,204
Watsco, Inc.		271		116,116
O'Reilly Automotive, Inc.*		119		113,059
Crocs, Inc.*		1,197		111,812
Tempur Sealy International, Inc.		2,065		105,253
Wingstop, Inc.		404		103,658
Installed Building Products, Inc.		547		100,002
Murphy USA, Inc.		280		99,837
Visteon Corp.*		736		91,926
Autoliv, Inc.		696		76,692
Dick's Sporting Goods, Inc.		483		70,977
Choice Hotels International, Inc.		603		68,320
WW Grainger, Inc.		61		50,550
Skechers USA, Inc. — Class A*		681		42,453
Total Consumer, Cyclical				3,562,693
Technology - 3.7%
Dropbox, Inc. — Class A*		9,062		267,148
Cirrus Logic, Inc.*		2,631		218,873
NXP Semiconductor N.V.		710		163,073
Microchip Technology, Inc.		1,747		157,544
Qualys, Inc.*		782		153,491
Super Micro Computer, Inc.*		503		142,983
Lattice Semiconductor Corp.*		2,050		141,430
Onto Innovation, Inc.*		798		122,014
Teradata Corp.*		2,759		120,044
Amkor Technology, Inc.		3,422		113,850
Dynatrace, Inc.*		2,024		110,693
Crane NXT Co.		1,873		106,518
Fair Isaac Corp.*		90		104,761
KLA Corp.		175		101,728
Fortinet, Inc.*		1,576		92,243
Silicon Laboratories, Inc.*		683		90,340
Manhattan Associates, Inc.*		395		85,051
Allegro MicroSystems, Inc.*		2,749		83,212
CommVault Systems, Inc.*		935		74,660
Synopsys, Inc.*		121		62,304
Cadence Design Systems, Inc.*		225		61,283
Concentrix Corp.		549		53,917
Total Technology				2,627,160
Consumer, Non-cyclical - 3.0%
Exelixis, Inc.*		9,872		236,829
Neurocrine Biosciences, Inc.*		1,788		235,587
H&R Block, Inc.		4,513		218,294
United Therapeutics Corp.*		950		208,895
Incyte Corp.*		2,924		183,598
Hologic, Inc.*		2,288		163,477
HCA Healthcare, Inc.		508		137,505
Encompass Health Corp.		1,798		119,963
Grand Canyon Education, Inc.*		898		118,572
Chemed Corp.		196		114,611
Molina Healthcare, Inc.*		299		108,032
Halozyme Therapeutics, Inc.*		2,560		94,618
Lantheus Holdings, Inc.*		1,342		83,204
Globus Medical, Inc. — Class A*		1,482		78,976
Humana, Inc.		99		45,323
Total Consumer, Non-cyclical				2,147,484
Energy - 2.3%
Chord Energy Corp.		1,310		217,761
CNX Resources Corp.*		9,844		196,880
PBF Energy, Inc. — Class A		3,766		165,553
Marathon Petroleum Corp.		1,079		160,080
EOG Resources, Inc.		1,318		159,412
Range Resources Corp.		4,926		149,947
APA Corp.		2,868		102,904
Antero Midstream Corp.		7,377		92,434
Ovintiv, Inc.		2,067		90,783
Civitas Resources, Inc.		1,112		76,039
Matador Resources Co.		1,282		72,895
Occidental Petroleum Corp.		1,206		72,010
SM Energy Co.		1,579		61,139

StylePlus—Mid Growth Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 23.6% (continued)
Energy - 2.3% (continued)
SolarEdge Technologies, Inc.*		572	$	53,539
Total Energy				1,671,376
Financial - 2.0%
Interactive Brokers Group, Inc. — Class A		2,813		233,198
International Bancshares Corp.		3,770		204,786
SouthState Corp.		2,041		172,363
Affiliated Managers Group, Inc.		1,082		163,836
East West Bancorp, Inc.		2,016		145,051
Equity LifeStyle Properties, Inc. REIT		1,665		117,449
Federated Hermes, Inc. — Class B		3,066		103,815
Kinsale Capital Group, Inc.		265		88,751
Fidelity National Financial, Inc.		1,706		87,040
RenaissanceRe Holdings Ltd.		382		74,872
Everest Group Ltd.		200		70,716
Total Financial				1,461,877
Communications - 0.8%
GoDaddy, Inc. — Class A*		2,730		289,817
Motorola Solutions, Inc.		504		157,797
VeriSign, Inc.*		745		153,440
Total Communications				601,054
Basic Materials - 0.6%
NewMarket Corp.		350		191,041
Cabot Corp.		1,507		125,834
Reliance Steel & Aluminum Co.		289		80,828
RPM International, Inc.		464		51,796
Total Basic Materials				449,499
Utilities - 0.2%
Vistra Corp.		2,813		108,357
Total Common Stocks
(Cost $15,062,367)				16,993,273
MUTUAL FUNDS† - 70.2%
Guggenheim Strategy Fund II1		987,097		24,183,881
Guggenheim Strategy Fund III1		984,275		24,163,946
Guggenheim Ultra Short Duration Fund — Institutional Class1		221,372		2,180,517
Total Mutual Funds
(Cost $50,386,569)				50,528,344
MONEY MARKET FUND† - 6.6%
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 5.25%2		4,765,080		4,765,080
Total Money Market Fund
(Cost $4,765,080)				4,765,080
Total Investments - 100.4%
(Cost $70,214,016)			$	72,286,697
Other Assets & Liabilities, net - (0.4)%				(297,557	)
Total Net Assets - 100.0%			$	71,989,140

Futures Contracts      

Description	Number of Contracts		Expiration Date	Notional Amount		Value and Unrealized Appreciation**
Equity Futures Contracts Purchased†
S&P MidCap 400 Index Mini Futures Contracts		2	Mar 2024	$	561,620	$	26,686
S&P 500 Index Mini Futures Contracts		2	Mar 2024		481,900		14,160
NASDAQ-100 Index Mini Futures Contracts		1	Mar 2024		340,385		11,421
				$	1,383,905	$	52,267

Total Return Swap Agreements
Counterparty	Index	Type	Financing Rate	Payment Frequency	Maturity Date	Units		Notional Amount		Value and Unrealized Appreciation
OTC Equity Index Swap Agreements††
Wells Fargo Bank, N.A.	Russell MidCap Growth Index	Pay	5.61% (Federal Funds Rate + 0.28%)	At Maturity	01/29/24		10,714	$	55,217,492	$	12,162,308

*	Non-income producing security.
**	Includes cumulative appreciation (depreciation).
†	Value determined based on Level 1 inputs — See Note 3.
††	Value determined based on Level 2 inputs — See Note 3.
1	Affiliated issuer.
2	Rate indicated is the 7-day yield as of December 31, 2023.

REIT — Real Estate Investment Trust

See Sector Classification in Other Information section.

StylePlus—Mid Growth Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments): 

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	16,993,273	$	—	$	—	$	16,993,273
Mutual Funds		50,528,344		—		—		50,528,344
Money Market Fund		4,765,080		—		—		4,765,080
Equity Futures Contracts**		52,267		—		—		52,267
Equity Index Swap Agreements**		—		12,162,308		—		12,162,308
Total Assets	$	72,338,964	$	12,162,308	$	—	$	84,501,272

** This derivative is reported as unrealized appreciation/depreciation at period end.

Affiliated Transactions

Investments representing 5% or more of the outstanding voting shares of a company, or control of or by, or common control under Guggenheim Investments ("GI"), result in that company being considered an affiliated issuer, as defined in the 1940 Act.

The Fund may invest in certain of the underlying series of Guggenheim Strategy Funds Trust, including Guggenheim Strategy Fund II and Guggenheim Strategy Fund III, (collectively, the “Short Term Investment Vehicles”), each of which are open-end management investment companies managed by GI. The Short Term Investment Vehicles, which launched on March 11, 2014, are offered as short term investment options only to mutual funds, trusts, and other accounts managed by GI and/or its affiliates, and are not available to the public. The Short Term Investment Vehicles pay no investment management fees. The Short Term Investment Vehicles' annual report on Form N-CSR dated September 30, 2023, is available publicly or upon request. This information is available from the EDGAR database on the SEC's website at https://www.sec.gov/Archives/edgar/data/1601445/000182126823000217/gug86449-ncsr.htm. The Fund may invest in certain of the underlying series of Guggenheim Funds Trust, which are open-end management investment companies managed by GI, are available to the public and whose most recent annual report on Form N-CSR is available publicly or upon request. 

Transactions during the period ended December 31, 2023, in which the company is an affiliated issuer, were as follows:  

Security Name	Value 09/30/23		Additions		Reductions			Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)		Value 12/31/23		Shares 12/31/23		Investment Income
Mutual Funds
Guggenheim Strategy Fund II	$	22,166,962	$	3,355,294	$	(1,550,080	)	$	(38,065	)	$	249,770	$	24,183,881		987,097	$	314,266
Guggenheim Strategy Fund III		23,628,764		1,894,747		(1,601,310	)		(58,566	)		300,311		24,163,946		984,275		306,806
Guggenheim Ultra Short Duration Fund — Institutional Class		2,126,306		32,209		–			–			22,002		2,180,517		221,372		32,168
	$	47,922,032	$	5,282,250	$	(3,151,390	)	$	(96,631	)	$	572,083	$	50,528,344			$	653,240

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 0.0%
Communications - 0.0%
Vacasa, Inc. — Class A*		18,219	$	149,396
Industrial - 0.0%
API Heat Transfer Intermediate*,†††		31		43,322
BP Holdco LLC*,†††,1		532		645
YAK BLOCKER 2 LLC*,†††		44,094		441
YAK BLOCKER 2 LLC*,†††		40,754		408
Vector Phoenix Holdings, LP*,†††		532		13
Total Industrial				44,829
Financial - 0.0%
Pershing Square Tontine Holdings, Ltd. — Class A*,†††,2		9,315,080		931
Total Common Stocks
(Cost $3,675,744)				195,156
PREFERRED STOCKS†† - 3.0%
Financial - 2.8%
Equitable Holdings, Inc.
4.95%*		71,314,000		67,860,185
4.30%		552,935		9,156,604
Markel Group, Inc.
6.00%*		72,131,000		71,315,775
Citigroup, Inc.
3.88%*		31,175,000		27,599,982
4.00%*		26,571,000		24,456,267
7.63%*		14,300,000		14,601,730
Wells Fargo & Co.
3.90%*		66,688,000		61,616,818
7.63%*		4,100,000		4,302,175
Charles Schwab Corp.
4.00%*		73,673,000		58,187,657
Bank of New York Mellon Corp.
3.75%*		65,200,000		56,354,440
MetLife, Inc.
3.85%*		53,467,000		50,611,771
Bank of America Corp.
4.38%*		27,700,000		24,686,969
6.13%*		11,550,000		11,577,720
Goldman Sachs Group, Inc.
3.80%*		25,830,000		23,002,537
7.50%*		11,800,000		12,329,749
JPMorgan Chase & Co.
3.65%*		37,412,000		34,236,993
Kuvare US Holdings, Inc.
7.00%*,4		15,731,000		15,848,983
CNO Financial Group, Inc.
5.13% due 11/25/60		715,225		12,459,219
Jackson Financial, Inc.
8.00%		472,000		11,913,280
Assurant, Inc.
5.25% due 01/15/61		516,875		10,306,391
Selective Insurance Group, Inc.
4.60%		541,225		9,303,658
Depository Trust & Clearing Corp.
3.38%*,4		4,750,000		3,705,000
Lincoln National Corp.
9.25%*		987,000		1,077,241
First Republic Bank
4.25%*		2,368,525		213,167
4.50%*		276,775		24,910
Total Financial				616,749,221
Communications - 0.2%
AT&T Mobility II LLC
6.80%*,†††		47,000		46,876,390
Government - 0.0%
CoBank ACB
4.25%*		3,300,000		2,640,000
Industrial - 0.0%
YAK BLOCKER 2 LLC*,†††		2,422,458		702,897
Total Industrial				702,897
Total Preferred Stocks
(Cost $803,447,843)				666,968,508
WARRANTS† - 0.0%
Ginkgo Bioworks Holdings, Inc.
Expiring 09/16/26*		101,490		10,687
Pershing Square Tontine Holdings, Ltd.
Expiring 07/24/25*,†††,2		1,035,008		103
Total Warrants
(Cost $233,835)				10,790
MUTUAL FUNDS† - 0.9%
Guggenheim Limited Duration Fund — R6-Class1		5,172,766		124,456,744
Guggenheim Strategy Fund II1		1,187,086		29,083,605
Guggenheim Ultra Short Duration Fund — Institutional Class1		2,905,554		28,619,706
Guggenheim Strategy Fund III1		639,536		15,700,606
Total Mutual Funds
(Cost $196,800,180)				197,860,661
MONEY MARKET FUNDS† - 2.4%
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 5.25%5		308,367,718		308,367,718
Dreyfus Treasury Obligations Cash Management Fund — Institutional Shares, 5.25%5		211,522,213		211,522,213
Federated Hermes U.S. Treasury Cash Reserves Fund — Institutional Shares, 5.22%5		13,173,658		13,173,658
Total Money Market Funds
(Cost $533,063,589)				533,063,589

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 25.2%
Government Agency -  14.8%
Fannie Mae
5.00% due 06/01/53		319,920,032	$	316,510,766
5.00% due 05/01/53		290,816,499		287,924,625
5.50% due 05/01/53		189,404,313		190,200,210
5.00% due 04/01/53		180,647,029		178,805,731
5.50% due 06/01/53		156,516,661		157,318,616
3.00% due 06/01/52		150,142,631		133,678,696
4.00% due 06/01/52		104,253,104		99,284,270
5.00% due 08/01/53		82,210,558		81,352,508
4.00% due 07/01/52		82,529,126		78,383,503
2.50% due 11/01/51		54,932,806		46,967,526
5.00% due 09/01/52		30,176,815		29,893,180
5.00% due 05/01/38		23,247,821		23,379,188
3.00% due 03/01/52		22,438,313		19,956,333
due 12/25/436,14		10,241,171		7,870,092
3.05% due 03/01/50		5,850,639		4,670,618
2.51% due 10/01/46		5,484,600		4,252,523
4.07% due 05/01/49		4,580,501		4,158,757
due 10/25/436,14		5,116,748		3,957,015
3.02% due 01/01/38		4,089,964		3,456,315
2.49% due 12/01/39		4,128,052		3,237,388
3.50% due 02/01/48		3,604,342		3,125,244
4.24% due 08/01/48		3,384,152		3,060,130
3.42% due 09/01/47		3,477,206		2,952,329
2.54% due 12/01/39		3,600,248		2,837,038
3.00% due 01/01/52		2,968,418		2,627,119
2.42% due 10/01/51		3,361,539		2,441,622
3.42% due 10/01/47		2,671,324		2,303,996
2.96% due 10/01/49		2,770,936		2,189,998
3.26% due 11/01/46		2,291,730		1,945,101
2.17% due 10/01/50		2,642,492		1,869,913
2.69% due 02/01/52		2,427,861		1,798,313
2.92% due 03/01/50		2,292,516		1,796,126
2.49% due 09/01/51		2,461,336		1,747,091
2.17% due 09/01/50		2,374,058		1,681,607
2.62% due 12/01/51		2,272,421		1,666,874
2.93% due 03/01/52		2,035,498		1,569,424
2.68% due 04/01/50		1,856,022		1,432,101
3.46% due 08/01/49		1,626,109		1,379,090
2.51% due 07/01/50		1,739,268		1,288,981
2.43% due 12/01/51		1,900,000		1,205,644
3.74% due 02/01/48		1,209,701		1,066,118
4.05% due 09/01/48		1,119,832		1,017,418
2.32% due 07/01/50		1,331,591		959,739
2.34% due 09/01/39		1,240,475		939,640
2.25% due 10/01/50		1,225,995		879,509
3.00% due 05/01/52		962,901		858,011
3.96% due 06/01/49		929,960		815,616
3.60% due 10/01/47		893,132		778,786
2.65% due 12/01/51		971,590		711,941
3.63% due 01/01/37		693,232		634,900
2.34% due 03/01/51		855,369		617,601
3.50% due 12/01/46		653,271		609,677
3.91% due 07/01/49		653,555		580,006
3.36% due 12/01/39		670,895		567,716
5.32% due 06/01/33		530,000		554,736
2.75% due 11/01/31		596,270		536,454
3.18% due 09/01/42		632,534		535,723
2.50% due 01/25/52		840,973		530,385
3.50% due 11/01/47		501,247		467,793
2.56% due 05/01/39		586,699		454,467
2.51% due 02/01/48		566,643		435,253
3.00% due 07/01/46		453,625		413,003
4.00% due 01/01/46		388,236		374,285
4.00% due 12/01/38		366,069		356,024
3.50% due 10/01/45		342,705		321,208
3.51% due 11/01/47		360,161		313,483
4.33% due 09/01/48		322,354		302,266
4.00% due 11/01/38		308,998		300,535
4.50% due 02/01/45		285,059		282,933
4.22% due 04/01/49		315,000		278,064
2.50% due 11/25/50		457,703		270,656
4.50% due 03/01/48		272,039		268,296
4.23% due 07/01/39		266,448		244,541
3.77% due 08/01/45		282,889		240,097
4.50% due 04/01/48		235,428		231,122
5.00% due 12/01/44		223,412		225,932
3.50% due 12/01/45		205,921		192,183
3.50% due 08/01/43		198,207		186,448
2.00% due 10/25/51		334,716		179,461
3.95% due 06/01/49		188,657		168,086
4.50% due 05/01/47		155,917		154,753
3.18% due 08/01/42		181,126		153,373
4.00% due 10/01/45		124,231		119,806
5.00% due 05/01/44		111,572		112,831
3.50% due 04/01/48		110,590		103,209
2.06% due 09/01/36		140,000		102,977
5.00% due 04/01/44		70,526		70,660
2.28% due 01/01/51		67,959		48,963
3.50% due 06/01/46		12,803		11,949
Freddie Mac
5.50% due 09/01/53		206,548,970		209,907,814
5.00% due 04/01/53		197,221,915		195,196,579
5.00% due 06/01/53		177,278,250		175,382,913
5.50% due 06/01/53		173,528,810		174,531,039
5.00% due 08/01/53		133,209,861		134,364,914
4.00% due 02/01/53		124,298,925		118,829,716
3.00% due 06/01/52		95,522,995		85,049,013
5.00% due 09/01/52		80,220,167		79,479,751
5.00% due 03/01/53		68,912,296		68,219,707
3.00% due 07/01/52		61,832,770		54,998,933
2.00% due 03/01/52		62,491,306		51,465,935
4.00% due 10/01/52		46,660,716		44,314,922
3.00% due 03/01/52		39,368,964		34,901,551
4.00% due 04/01/52		31,010,209		29,601,167
3.00% due 08/01/52		20,042,914		17,848,405
5.50% due 02/01/53		13,123,940		13,255,477
3.26% due 09/01/45		2,103,447		1,799,992
4.50% due 08/01/52		1,119,179		1,092,288
1.96% due 05/01/50		1,521,539		1,034,675
3.50% due 01/01/44		589,236		557,005
3.00% due 08/01/46		483,503		440,783
2.00% due 10/25/51		836,791		424,253
4.00% due 02/01/46		290,025		276,946
4.00% due 01/01/46		269,338		260,022
4.00% due 05/25/52		270,000		231,202
4.50% due 06/01/48		216,015		213,259

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 25.2% (continued)
Government Agency -  14.8% (continued)
3.50% due 12/01/45		182,918	$	170,943
4.00% due 11/01/45		162,584		156,960
4.00% due 08/01/45		147,330		142,234
4.00% due 09/01/45		140,309		135,456
2.50% due 02/25/52		136,374		82,725
Fannie Mae-Aces
1.49% (WAC) due 03/25/35◊,7		201,303,207		19,694,640
Ginnie Mae
6.00% due 06/20/47		15,928,831		16,293,997
Freddie Mac Seasoned Credit Risk Transfer Trust
2.00% due 11/25/59		10,975,977		8,685,035
2.00% due 05/25/60		8,954,666		7,083,935
FARM Mortgage Trust
2.18% (WAC) due 01/25/51◊,4		10,375,087		8,095,254
Freddie Mac Multifamily Structured Pass Through Certificates
0.63% (WAC) due 12/25/24◊,7		40,432,262		152,228
Total Government Agency				3,291,125,902
Residential Mortgage-Backed Securities -  8.2%
CSMC Trust
2020-RPL5, 3.02% (WAC) due 08/25/60◊,4		61,274,845		62,014,138
2021-RPL4, 1.80% (WAC) due 12/27/60◊,4		59,679,560		58,004,856
2021-RPL7, 1.93% (WAC) due 07/27/61◊,4		53,921,227		51,570,450
2021-RPL1, 1.67% (WAC) due 09/27/60◊,4		24,760,569		24,035,577
BRAVO Residential Funding Trust
2022-R1, 3.13% due 01/29/704,8		79,510,577		74,264,390
2021-C, 1.62% due 03/01/614,8		60,664,626		56,478,785
2023-NQM2, 4.50% due 05/25/624,8		30,231,033		28,986,688
2021-HE1, 6.84% (30 Day Average SOFR + 1.50%, Rate Floor: 0.00%) due 01/25/70◊,4		7,500,000		7,389,043
2023-NQM6, 7.06% due 09/25/634,8		6,438,053		6,478,693
2023-NQM5, 7.01% due 06/25/634,8		4,292,283		4,318,346
PRPM LLC
2021-5, 1.79% due 06/25/264,8		55,841,546		54,392,414
2021-8, 1.74% (WAC) due 09/25/26◊,4		29,745,008		28,646,739
2023-1, 6.88% (WAC) due 02/25/28◊,4		19,904,323		20,100,755
2022-1, 3.72% due 02/25/274,8		10,374,754		10,003,921
2023-RCF1, 4.00% due 06/25/534,8		4,599,055		4,425,347
Legacy Mortgage Asset Trust
2021-GS2, 1.75% due 04/25/614,8		36,595,650		35,329,686
2021-GS3, 1.75% due 07/25/614,8		33,130,977		31,862,326
2021-GS5, 2.25% due 07/25/674,8		20,830,988		20,110,895
LSTAR Securities Investment Ltd.
2023-1, 8.83% (SOFR + 3.50%, Rate Floor: 0.00%) due 01/01/28◊,4		47,027,366		46,826,498
2021-1, 8.26% (1 Month Term SOFR + 2.91%, Rate Floor: 1.80%) due 02/01/26◊,9		36,937,316		36,215,709
Towd Point Revolving Trust
4.83% due 09/25/649		81,500,000		80,481,250
COLT Mortgage Loan Trust
2023-3, 7.18% due 09/25/684,8		41,985,935		43,005,324
2023-3, 7.58% due 09/25/684,8		9,450,527		9,568,554
2023-4, 7.62% due 10/25/684,8		5,864,178		5,971,862
2021-2, 2.38% (WAC) due 08/25/66◊,4		7,108,000		4,307,293
Morgan Stanley ABS Capital I Incorporated Trust
2006-NC5, 5.62% (1 Month Term SOFR + 0.26%, Rate Floor: 0.15%) due 10/25/36◊		25,128,770		12,912,429
2007-HE5, 5.81% (1 Month Term SOFR + 0.45%, Rate Floor: 0.34%) due 03/25/37◊		26,365,486		11,089,395
2006-HE6, 5.95% (1 Month Term SOFR + 0.59%, Rate Floor: 0.48%) due 09/25/36◊		23,109,341		8,044,868
2006-HE5, 5.75% (1 Month Term SOFR + 0.39%, Rate Floor: 0.28%) due 08/25/36◊		12,940,811		6,588,141
2007-HE3, 5.58% (1 Month Term SOFR + 0.22%, Rate Floor: 0.11%) due 12/25/36◊		10,915,057		5,455,494

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 25.2% (continued)
Residential Mortgage-Backed Securities -  8.2% (continued)
2006-HE4, 5.95% (1 Month Term SOFR + 0.59%, Rate Floor: 0.48%) due 06/25/36◊		8,083,122	$	4,186,618
2006-HE5, 5.97% (1 Month Term SOFR + 0.61%, Rate Floor: 0.50%) due 08/25/36◊		7,754,038		3,956,350
2007-HE2, 5.60% (1 Month Term SOFR + 0.24%, Rate Floor: 0.13%) due 01/25/37◊		7,922,164		3,453,628
2007-NC3, 5.66% (1 Month Term SOFR + 0.30%, Rate Floor: 0.19%) due 05/25/37◊		3,202,975		2,323,352
2007-HE6, 5.53% (1 Month Term SOFR + 0.17%, Rate Floor: 0.06%) due 05/25/37◊		2,344,675		1,971,674
2007-HE3, 5.60% (1 Month Term SOFR + 0.24%, Rate Floor: 0.13%) due 12/25/36◊,4		1,992,145		1,225,408
2006-HE6, 5.77% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 09/25/36◊		2,929,353		1,016,112
NYMT Loan Trust
2022-SP1, 5.25% due 07/25/624,8		62,485,473		60,644,145
GCAT Trust
2022-NQM5, 5.71% due 08/25/674,8		21,952,967		21,650,526
2023-NQM3, 6.89% (WAC) due 08/25/68◊,4		19,869,620		20,168,352
2022-NQM3, 4.35% (WAC) due 04/25/67◊,4		11,145,010		10,322,969
2023-NQM3, 7.34% (WAC) due 08/25/68◊,4		5,053,261		5,126,683
2023-NQM2, 6.24% due 11/25/674,8		2,818,046		2,797,812
OSAT Trust
2021-RPL1, 2.12% due 05/25/654,8		58,261,584		56,674,486
JP Morgan Mortgage Acquisition Trust
2006-WMC4, 5.60% (1 Month Term SOFR + 0.24%, Rate Floor: 0.13%) due 12/25/36◊		60,614,720		36,376,051
2006-WMC4, 5.59% (1 Month Term SOFR + 0.23%, Rate Floor: 0.12%) due 12/25/36◊		12,469,450		6,553,347
2006-WMC3, 5.95% (1 Month Term SOFR + 0.59%, Rate Floor: 0.48%) due 08/25/36◊		1,769,931		1,237,326
Home Equity Loan Trust
2007-FRE1, 5.66% (1 Month Term SOFR + 0.30%, Rate Floor: 0.19%) due 04/25/37◊		47,079,132		43,955,705
Angel Oak Mortgage Trust
2023-2, 4.65% due 10/25/674,8		22,513,229		21,815,032
2023-1, 4.75% due 09/26/674,8		22,349,261		21,674,623
Verus Securitization Trust
2023-7, 7.42% due 10/25/684,8		19,646,725		19,933,852
2022-8, 6.13% due 09/25/674,8		14,395,225		14,298,618
GSAMP Trust
2007-NC1, 5.60% (1 Month Term SOFR + 0.24%, Rate Floor: 0.13%) due 12/25/46◊		24,832,052		13,068,928
2006-HE8, 5.70% (1 Month Term SOFR + 0.34%, Rate Floor: 0.23%) due 01/25/37◊		10,107,000		8,214,871
2006-NC2, 5.77% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 06/25/36◊		11,600,708		6,448,931
2007-NC1, 5.62% (1 Month Term SOFR + 0.26%, Rate Floor: 0.15%) due 12/25/46◊		7,103,429		3,461,554
OBX Trust
2022-NQM9, 6.45% due 09/25/624,8		8,700,519		8,790,585
2023-NQM9, 7.66% due 10/25/634,8		6,069,397		6,193,665
2023-NQM2, 6.32% due 01/25/624,8		5,861,833		5,909,609
2022-NQM8, 6.10% due 09/25/624,8		3,683,677		3,649,275
2023-NQM2, 6.72% due 01/25/624,8		3,409,783		3,425,849
Soundview Home Loan Trust
2006-OPT5, 5.75% (1 Month Term SOFR + 0.39%, Rate Floor: 0.28%) due 07/25/36◊		27,215,787		25,690,138

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 25.2% (continued)
Residential Mortgage-Backed Securities -  8.2% (continued)
Alternative Loan Trust
2007-OA4, 5.81% (1 Month Term SOFR + 0.45%, Rate Floor: 0.34%) due 05/25/47◊		14,595,731	$	12,362,735
2007-OH3, 6.05% (1 Month Term SOFR + 0.69%, Rate Cap/Floor: 10.00%/0.58%) due 09/25/47◊		6,149,317		5,390,022
2006-43CB, 6.00% (1 Month Term SOFR + 0.61%, Rate Cap/Floor: 6.00%/6.00%) due 02/25/37◊		5,934,620		3,229,352
2007-OA7, 5.83% (1 Month Term SOFR + 0.47%, Rate Floor: 0.36%) due 05/25/47◊		2,179,264		1,842,719
2007-OH3, 5.91% (1 Month Term SOFR + 0.55%, Rate Cap/Floor: 10.00%/0.44%) due 09/25/47◊		611,264		549,342
Citigroup Mortgage Loan Trust, Inc.
2007-AMC1, 5.79% (1 Month Term SOFR + 0.43%, Rate Floor: 0.32%) due 12/25/36◊,4		20,285,349		11,163,827
2006-WF1, 4.96% due 03/25/36		13,749,972		6,850,445
2007-AMC3, 5.65% (1 Month Term SOFR + 0.29%, Rate Floor: 0.18%) due 03/25/37◊		5,829,772		4,763,432
Imperial Fund Mortgage Trust
2022-NQM2, 4.02% (WAC) due 03/25/67◊,4		12,666,293		11,502,614
2022-NQM2, 4.20% (WAC) due 03/25/67◊,4		12,451,061		11,202,914
Saluda Grade Alternative Mortgage Trust
2023-FIG4, 6.72% (WAC) due 11/25/53◊,4		22,150,000		22,496,094
NovaStar Mortgage Funding Trust Series
2007-2, 5.67% (1 Month Term SOFR + 0.31%, Rate Cap/Floor: 11.00%/0.20%) due 09/25/37◊		20,153,567		19,420,876
2007-1, 5.60% (1 Month Term SOFR + 0.24%, Rate Cap/Floor: 11.00%/0.13%) due 03/25/37◊		2,721,465		1,675,836
ACE Securities Corporation Home Equity Loan Trust Series
2006-NC1, 6.09% (1 Month Term SOFR + 0.73%, Rate Floor: 0.62%) due 12/25/35◊		15,873,407		14,573,619
2007-ASP1, 5.87% (1 Month Term SOFR + 0.51%, Rate Floor: 0.40%) due 03/25/37◊		8,118,898		3,256,942
2007-WM2, 5.68% (1 Month Term SOFR + 0.32%, Rate Floor: 0.21%) due 02/25/37◊		6,231,299		2,635,892
SPS Servicer Advance Receivables Trust
2020-T2, 1.83% due 11/15/554		20,000,000		18,505,752
Structured Asset Securities Corporation Mortgage Loan Trust
2008-BC4, 6.10% (1 Month Term SOFR + 0.74%, Rate Floor: 0.63%) due 11/25/37◊		17,275,412		16,429,517
2006-BC4, 5.81% (1 Month Term SOFR + 0.45%, Rate Floor: 0.34%) due 12/25/36◊		1,689,635		1,616,942
2006-BC6, 5.64% (1 Month Term SOFR + 0.28%, Rate Floor: 0.17%) due 01/25/37◊		105,272		102,821
American Home Mortgage Investment Trust
2007-1, 2.08% due 05/25/477		124,113,278		18,070,720
Securitized Asset-Backed Receivables LLC Trust
2006-WM4, 5.63% (1 Month Term SOFR + 0.27%, Rate Floor: 0.16%) due 11/25/36◊		29,756,772		8,300,482
2007-BR2, 5.83% (1 Month Term SOFR + 0.47%, Rate Floor: 0.36%) due 02/25/37◊,4		9,784,393		8,104,828

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 25.2% (continued)
Residential Mortgage-Backed Securities -  8.2% (continued)
2006-HE2, 5.77% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 07/25/36◊		3,245,893	$	1,267,568
Washington Mutual Mortgage Pass-Through Certificates WMALT Series Trust
2006-AR9, 5.84% (1 Year CMT Rate + 0.83%, Rate Floor: 0.83%) due 11/25/46◊		8,488,769		6,904,856
2006-AR10, 5.81% (1 Month Term SOFR + 0.45%, Rate Floor: 0.34%) due 12/25/36◊		7,448,101		6,036,711
2006-AR9, 5.85% (1 Year CMT Rate + 0.84%, Rate Floor: 0.84%) due 11/25/46◊		3,666,543		2,938,193
2006-7, 4.05% due 09/25/36		5,247,934		1,518,107
2006-8, 4.16% due 10/25/36		336,078		113,241
Citigroup Mortgage Loan Trust
2022-A, 6.17% due 09/25/624,8		17,030,743		17,093,128
IXIS Real Estate Capital Trust
2007-HE1, 5.58% (1 Month Term SOFR + 0.22%, Rate Floor: 0.11%) due 05/25/37◊		32,110,123		7,422,146
2006-HE1, 6.07% (1 Month Term SOFR + 0.71%, Rate Floor: 0.60%) due 03/25/36◊		11,295,504		5,784,036
2007-HE1, 5.70% (1 Month Term SOFR + 0.34%, Rate Floor: 0.23%) due 05/25/37◊		6,094,042		1,408,857
2007-HE1, 5.63% (1 Month Term SOFR + 0.27%, Rate Floor: 0.16%) due 05/25/37◊		5,723,418		1,323,141
2007-HE1, 5.53% (1 Month Term SOFR + 0.17%, Rate Floor: 0.06%) due 05/25/37◊		4,761,619		1,100,413
Credit Suisse Mortgage Capital Certificates
2021-RPL9, 2.44% (WAC) due 02/25/61◊,4		17,342,331		16,639,076
WaMu Asset-Backed Certificates WaMu Series Trust
2007-HE1, 5.62% (1 Month Term SOFR + 0.26%, Rate Floor: 0.26%) due 01/25/37◊		32,922,292		15,144,495
Starwood Mortgage Residential Trust
2020-1, 2.56% (WAC) due 02/25/50◊,4		9,071,584		8,509,053
2020-1, 2.41% (WAC) due 02/25/50◊,4		6,978,141		6,548,778
American Home Mortgage Assets Trust
2007-5, 5.85% (1 Month Term SOFR + 0.49%, Rate Cap/Floor: 99.00%/0.19%) due 06/25/47◊		9,208,109		8,082,658
2006-4, 5.66% (1 Month Term SOFR + 0.30%, Rate Floor: 0.30%) due 10/25/46◊		6,788,084		3,553,261
2006-6, 5.66% (1 Month Term SOFR + 0.30%, Rate Floor: 0.19%) due 12/25/46◊		2,061,311		1,721,694
Merrill Lynch Mortgage Investors Trust Series
2007-HE2, 5.99% (1 Month Term SOFR + 0.63%, Rate Floor: 0.52%) due 02/25/37◊		31,286,759		9,170,900
2006-HE6, 5.75% (1 Month Term SOFR + 0.39%, Rate Floor: 0.28%) due 11/25/37◊		7,806,347		3,790,531
RALI Series Trust
2007-QO4, 5.85% (1 Month Term SOFR + 0.49%, Rate Floor: 0.38%) due 05/25/47◊		3,942,573		3,435,866
2006-QO2, 5.91% (1 Month Term SOFR + 0.55%, Rate Floor: 0.44%) due 02/25/46◊		16,536,210		3,210,715
2007-QO2, 5.62% (1 Month Term SOFR + 0.26%, Rate Floor: 0.15%) due 02/25/47◊		7,409,529		2,645,920
2006-QO6, 5.83% (1 Month Term SOFR + 0.47%, Rate Floor: 0.36%) due 06/25/46◊		4,715,292		1,093,042

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 25.2% (continued)
Residential Mortgage-Backed Securities -  8.2% (continued)
2006-QO2, 6.01% (1 Month Term SOFR + 0.65%, Rate Floor: 0.54%) due 02/25/46◊		5,362,610	$	1,068,162
2007-QO3, 5.79% (1 Month Term SOFR + 0.43%, Rate Floor: 0.32%) due 03/25/47◊		777,341		664,058
2006-QO2, 6.15% (1 Month Term SOFR + 0.79%, Rate Floor: 0.68%) due 02/25/46◊		1,105,132		227,683
Ameriquest Mortgage Securities Trust
2006-M3, 5.63% (1 Month Term SOFR + 0.27%, Rate Floor: 0.16%) due 10/25/36◊		26,383,488		7,581,717
2006-M3, 5.57% (1 Month Term SOFR + 0.21%, Rate Floor: 0.10%) due 10/25/36◊		11,082,837		3,184,886
RCKT Mortgage Trust
2023-CES1, 6.52% (WAC) due 06/25/43◊,4		5,786,242		5,852,330
2023-CES2, 6.81% (WAC) due 09/25/43◊,4		4,837,792		4,906,444
ABFC Trust
2007-WMC1, 6.72% (1 Month Term SOFR + 1.36%, Rate Floor: 1.25%) due 06/25/37◊		14,685,477		10,266,790
Master Asset-Backed Securities Trust
2006-WMC4, 5.62% (1 Month Term SOFR + 0.26%, Rate Floor: 0.15%) due 10/25/36◊		10,544,512		3,423,153
2006-NC2, 5.95% (1 Month Term SOFR + 0.59%, Rate Floor: 0.48%) due 08/25/36◊		7,509,161		2,837,086
2006-WMC3, 5.79% (1 Month Term SOFR + 0.43%, Rate Floor: 0.32%) due 08/25/36◊		5,621,899		2,036,817
2007-WMC1, 5.63% (1 Month Term SOFR + 0.27%, Rate Floor: 0.16%) due 01/25/37◊		5,776,732		1,600,641
HarborView Mortgage Loan Trust
2006-14, 5.77% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 01/25/47◊		6,101,600		5,414,632
2006-12, 5.85% (1 Month Term SOFR + 0.49%, Rate Floor: 0.38%) due 01/19/38◊		4,585,964		3,995,946
First NLC Trust
2005-4, 6.25% (1 Month Term SOFR + 0.89%, Rate Cap/Floor: 14.00%/0.78%) due 02/25/36◊		7,600,798		7,338,131
2005-1, 5.93% (1 Month Term SOFR + 0.57%, Rate Cap/Floor: 14.00%/0.46%) due 05/25/35◊		2,076,674		1,819,951
Fremont Home Loan Trust
2006-E, 5.59% (1 Month Term SOFR + 0.23%, Rate Floor: 0.12%) due 01/25/37◊		11,436,941		5,101,635
2006-D, 5.62% (1 Month Term SOFR + 0.26%, Rate Floor: 0.15%) due 11/25/36◊		10,269,112		3,480,852
Cascade Funding Mortgage Trust
2018-RM2, 4.00% (WAC) due 10/25/68◊,9		6,258,941		6,259,214
2019-RM3, 2.80% (WAC) due 06/25/69◊,9		2,339,786		2,280,301
Bear Stearns Asset-Backed Securities I Trust
2006-HE9, 5.75% (1 Month Term SOFR + 0.39%, Rate Floor: 0.28%) due 11/25/36◊		8,681,634		8,463,091
First Franklin Mortgage Loan Trust
2006-FF16, 5.75% (1 Month Term SOFR + 0.39%, Rate Floor: 0.28%) due 12/25/36◊		19,894,898		7,967,489
CFMT LLC
2022-HB9, 3.25% (WAC) due 09/25/37◊,9		8,369,461		7,705,138
Merrill Lynch Alternative Note Asset Trust Series
2007-A1, 5.93% (1 Month Term SOFR + 0.57%, Rate Floor: 0.46%) due 01/25/37◊		18,911,429		5,460,626
2007-A1, 5.77% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 01/25/37◊		7,171,529		2,060,876

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 25.2% (continued)
Residential Mortgage-Backed Securities -  8.2% (continued)
Argent Securities Incorporated Asset-Backed Pass-Through Certificates Series
2005-W4, 6.23% (1 Month Term SOFR + 0.87%, Rate Floor: 0.76%) due 02/25/36◊		9,413,479	$	7,242,389
Asset-Backed Securities Corporation Home Equity Loan Trust Series AEG
2006-HE1, 6.07% (1 Month Term SOFR + 0.71%, Rate Floor: 0.60%) due 01/25/36◊		7,511,702		7,152,477
Towd Point Mortgage Trust
2023-CES1, 6.75% (WAC) due 07/25/63◊,4		6,890,117		6,999,346
Long Beach Mortgage Loan Trust
2006-8, 5.79% (1 Month Term SOFR + 0.43%, Rate Floor: 0.32%) due 09/25/36◊		14,472,525		3,932,935
2006-6, 5.97% (1 Month Term SOFR + 0.61%, Rate Floor: 0.50%) due 07/25/36◊		4,510,985		1,755,755
2006-8, 5.65% (1 Month Term SOFR + 0.29%, Rate Floor: 0.18%) due 09/25/36◊		3,862,447		1,044,380
Option One Mortgage Loan Trust
2007-5, 5.69% (1 Month Term SOFR + 0.33%, Rate Floor: 0.22%) due 05/25/37◊		6,856,282		4,007,206
2007-2, 5.72% (1 Month Term SOFR + 0.36%, Rate Floor: 0.25%) due 03/25/37◊		4,851,527		2,323,484
Lehman XS Trust Series
2007-2N, 5.65% (1 Month Term SOFR + 0.29%, Rate Floor: 0.18%) due 02/25/37◊		4,602,045		4,180,358
2007-15N, 5.97% (1 Month Term SOFR + 0.61%, Rate Floor: 0.00%) due 08/25/37◊		1,225,116		1,124,510
2006-10N, 5.89% (1 Month Term SOFR + 0.53%, Rate Floor: 0.42%) due 07/25/46◊		287,428		258,919
WaMu Asset-Backed Certificates WaMu Series
2007-HE4, 5.64% (1 Month Term SOFR + 0.28%, Rate Floor: 0.28%) due 07/25/47◊		4,836,513		3,455,434
2007-HE4, 5.72% (1 Month Term SOFR + 0.36%, Rate Floor: 0.36%) due 07/25/47◊		3,310,119		1,933,030
CWABS Asset-Backed Certificates Trust
2006-12, 5.73% (1 Month Term SOFR + 0.37%, Rate Floor: 0.26%) due 12/25/36◊		5,933,431		5,363,012
Credit-Based Asset Servicing and Securitization LLC
2006-CB2, 5.85% (1 Month Term SOFR + 0.49%, Rate Floor: 0.38%) due 12/25/36◊		5,600,114		5,204,205
WaMu Mortgage Pass-Through Certificates Series Trust
2007-OA6, 5.82% (1 Year CMT Rate + 0.81%, Rate Floor: 0.81%) due 07/25/47◊		4,426,386		3,498,182
2006-AR13, 5.89% (1 Year CMT Rate + 0.88%, Rate Floor: 0.88%) due 10/25/46◊		1,361,429		1,128,459
2006-AR11, 5.93% (1 Year CMT Rate + 0.92%, Rate Floor: 0.92%) due 09/25/46◊		607,471		514,030
Morgan Stanley IXIS Real Estate Capital Trust
2006-2, 5.62% (1 Month Term SOFR + 0.26%, Rate Floor: 0.15%) due 11/25/36◊		15,062,786		4,942,803
Deutsche Alt-A Securities Mortgage Loan Trust Series
2006-AR4, 5.73% (1 Month Term SOFR + 0.37%, Rate Floor: 0.26%) due 12/25/36◊		9,462,750		3,057,823
2007-OA2, 5.78% (1 Year CMT Rate + 0.77%, Rate Floor: 0.77%) due 04/25/47◊		2,074,171		1,751,830

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 25.2% (continued)
Residential Mortgage-Backed Securities -  8.2% (continued)
GSAA Home Equity Trust
2006-5, 5.83% (1 Month Term SOFR + 0.47%, Rate Floor: 0.36%) due 03/25/36◊		12,288,340	$	4,055,001
2007-7, 6.01% (1 Month Term SOFR + 0.65%, Rate Floor: 0.54%) due 07/25/37◊		137,439		126,491
Impac Secured Assets CMN Owner Trust
2005-2, 5.97% (1 Month Term SOFR + 0.61%, Rate Floor: 0.50%) due 03/25/36◊		4,497,349		4,053,101
GSAA Trust
2007-3, 5.81% (1 Month Term SOFR + 0.45%, Rate Floor: 0.34%) due 03/25/47◊		10,748,209		2,902,933
ASG Resecuritization Trust
2010-3, 5.03% (1 Month Term SOFR + 0.40%, Rate Cap/Floor: 10.50%/0.29%) due 12/28/45◊,4		2,316,224		2,121,753
Morgan Stanley Capital I Incorporated Trust
2006-HE1, 6.05% (1 Month Term SOFR + 0.69%, Rate Floor: 0.58%) due 01/25/36◊		1,610,355		1,538,374
Securitized Asset Backed Receivables LLC Trust
2006-WM4, 5.79% (1 Month Term SOFR + 0.43%, Rate Floor: 0.32%) due 11/25/36◊		5,222,274		1,456,654
Countrywide Asset-Backed Certificates
2005-15, 6.15% (1 Month Term SOFR + 0.79%, Rate Floor: 0.68%) due 03/25/36◊		837,561		808,325
Residential Mortgage Loan Trust
2020-1, 2.68% (WAC) due 01/26/60◊,4		633,012		598,571
Structured Asset Investment Loan Trust
2004-BNC2, 6.67% (1 Month Term SOFR + 1.31%, Rate Floor: 1.20%) due 12/25/34◊		344,998		340,432
2006-3, 5.77% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 06/25/36◊		277,202		256,291
Nomura Resecuritization Trust
2015-4R, 3.00% (1 Month Term SOFR + 0.54%, Rate Floor: 0.43%) due 03/26/36◊,9		527,817		495,449
Impac Secured Assets Trust
2006-2, 5.81% (1 Month Term SOFR + 0.45%, Rate Cap/Floor: 11.50%/0.34%) due 08/25/36◊		500,585		474,570
Alliance Bancorp Trust
2007-OA1, 5.95% (1 Month Term SOFR + 0.59%, Rate Floor: 0.48%) due 07/25/37◊		516,930		434,614
Morgan Stanley Re-REMIC Trust
2010-R5, 0.00% due 06/26/369		108,588		96,066
GreenPoint Mortgage Funding Trust
2006-AR1, 6.05% (1 Month Term SOFR + 0.69%, Rate Cap/Floor: 10.50%/0.58%) due 02/25/36◊		92,100		77,835
UCFC Manufactured Housing Contract
1997-2, 7.38% due 10/15/28		75,291		74,609
Irwin Home Equity Loan Trust
2007-1, 6.35% due 08/25/379		128		126
Total Residential Mortgage-Backed Securities				1,837,379,460
Commercial Mortgage-Backed Securities -  1.4%
BX Commercial Mortgage Trust
2021-VOLT, 7.48% (1 Month Term SOFR + 2.11%, Rate Floor: 2.00%) due 09/15/36◊,4		60,050,000		57,411,325
2021-VOLT, 7.13% (1 Month Term SOFR + 1.76%, Rate Floor: 1.65%) due 09/15/36◊,4		52,000,000		49,976,118

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 25.2% (continued)
Commercial Mortgage-Backed Securities -  1.4% (continued)
2019-XL, 7.48% (1 Month Term SOFR + 2.11%, Rate Floor: 2.00%) due 10/15/36◊,4		6,849,516	$	6,797,276
2022-LP2, 7.32% (1 Month Term SOFR + 1.96%, Rate Floor: 1.96%) due 02/15/39◊,4		5,103,438		4,924,151
SMRT
2022-MINI, 7.31% (1 Month Term SOFR + 1.95%, Rate Floor: 1.95%) due 01/15/39◊,4		32,500,000		30,909,573
JP Morgan Chase Commercial Mortgage Securities Trust
2021-NYAH, 7.32% (1 Month Term SOFR + 1.95%, Rate Floor: 1.84%) due 06/15/38◊,4		14,350,000		11,637,876
2016-JP3, 3.43% (WAC) due 08/15/49◊		10,290,000		7,156,619
2021-NYAH, 7.67% (1 Month Term SOFR + 2.30%, Rate Floor: 2.19%) due 06/15/38◊,4		8,000,000		5,943,330
2016-JP3, 1.33% (WAC) due 08/15/49◊,7		51,865,706		1,441,099
Life Mortgage Trust
2021-BMR, 7.83% (1 Month Term SOFR + 2.46%, Rate Floor: 2.35%) due 03/15/38◊,4		19,167,918		18,107,825
2021-BMR, 7.23% (1 Month Term SOFR + 1.86%, Rate Floor: 1.75%) due 03/15/38◊,4		5,160,593		4,927,083
Extended Stay America Trust
2021-ESH, 7.73% (1 Month Term SOFR + 2.36%, Rate Floor: 2.25%) due 07/15/38◊,4		11,668,000		11,462,835
2021-ESH, 7.18% (1 Month Term SOFR + 1.81%, Rate Floor: 1.70%) due 07/15/38◊,4		6,020,688		5,922,380
Citigroup Commercial Mortgage Trust
2019-GC43, 0.62% (WAC) due 11/10/52◊,7		217,826,426		5,974,151
2019-GC41, 1.04% (WAC) due 08/10/56◊,7		103,026,988		3,893,771
2016-P4, 1.89% (WAC) due 07/10/49◊,7		27,737,580		968,924
2016-C2, 1.66% (WAC) due 08/10/49◊,7		30,202,089		943,438
2016-P5, 1.38% (WAC) due 10/10/49◊,7		24,836,895		695,448
2015-GC35, 4.35% (WAC) due 11/10/48◊		810,679		675,805
2016-GC37, 1.65% (WAC) due 04/10/49◊,7		19,141,093		513,288
2015-GC35, 0.71% (WAC) due 11/10/48◊,7		27,734,303		271,713
2016-C3, 0.98% (WAC) due 11/15/49◊,7		9,824,112		216,216
2015-GC29, 1.01% (WAC) due 04/10/48◊,7		18,036,204		167,136
GS Mortgage Securities Corporation Trust
2020-UPTN, 3.25% (WAC) due 02/10/37◊,4		5,350,000		4,822,815
2020-DUNE, 6.99% (1 Month Term SOFR + 1.46%, Rate Floor: 1.35%) due 12/15/36◊,4		3,750,000		3,687,433
2020-DUNE, 7.54% (1 Month Term SOFR + 2.01%, Rate Floor: 1.90%) due 12/15/36◊,4		1,000,000		967,145
BENCHMARK Mortgage Trust
2020-IG3, 3.13% (WAC) due 09/15/48◊,4		5,232,000		2,925,246
2019-B14, 0.77% (WAC) due 12/15/62◊,7		107,989,683		2,871,564
2018-B2, 0.45% (WAC) due 02/15/51◊,7		98,658,928		1,287,282
2018-B6, 0.40% (WAC) due 10/10/51◊,7		59,238,727		710,118
2018-B6, 4.60% (WAC) due 10/10/51◊		750,000		647,759
GS Mortgage Securities Trust
2020-GC45, 0.66% (WAC) due 02/13/53◊,7		151,910,546		4,346,829
2019-GC42, 0.80% (WAC) due 09/10/52◊,7		69,148,151		2,278,162
2017-GS6, 1.01% (WAC) due 05/10/50◊,7		40,768,986		1,117,670

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 25.2% (continued)
Commercial Mortgage-Backed Securities -  1.4% (continued)
2017-GS6, 3.87% due 05/10/50		521,000	$	435,919
2015-GC28, 0.96% (WAC) due 02/10/48◊,7		14,427,108		83,948
Wells Fargo Commercial Mortgage Trust
2017-C38, 0.93% (WAC) due 07/15/50◊,7		63,445,591		1,543,701
2016-BNK1, 1.71% (WAC) due 08/15/49◊,7		34,190,953		1,093,539
2017-RB1, 1.20% (WAC) due 03/15/50◊,7		32,718,834		969,973
2017-C42, 0.86% (WAC) due 12/15/50◊,7		33,738,360		932,029
2016-C35, 1.88% (WAC) due 07/15/48◊,7		21,592,956		757,395
2017-RC1, 1.38% (WAC) due 01/15/60◊,7		16,304,043		572,989
2015-NXS4, 1.01% (WAC) due 12/15/48◊,7		36,787,245		535,357
2016-NXS5, 1.40% (WAC) due 01/15/59◊,7		20,016,577		459,086
2015-P2, 0.92% (WAC) due 12/15/48◊,7		21,858,720		308,348
2015-C30, 0.87% (WAC) due 09/15/58◊,7		28,161,462		305,163
2016-C37, 0.78% (WAC) due 12/15/49◊,7		10,387,872		178,845
2015-NXS1, 1.06% (WAC) due 05/15/48◊,7		7,642,852		57,850
JPMDB Commercial Mortgage Securities Trust
2017-C7, 0.83% (WAC) due 10/15/50◊,7		123,780,253		2,914,517
2016-C4, 3.64% (WAC) due 12/15/49◊		2,650,000		2,181,592
2016-C4, 0.70% (WAC) due 12/15/49◊,7		72,620,226		1,172,214
2016-C2, 1.48% (WAC) due 06/15/49◊,7		22,988,721		581,235
2017-C5, 0.87% (WAC) due 03/15/50◊,7		7,316,736		146,381
DBGS Mortgage Trust
2018-C1, 4.65% (WAC) due 10/15/51◊		7,588,000		6,687,707
COMM Mortgage Trust
2018-COR3, 0.43% (WAC) due 05/10/51◊,7		195,244,052		3,058,303
2015-CR26, 0.89% (WAC) due 10/10/48◊,7		74,828,877		813,547
2015-CR24, 0.69% (WAC) due 08/10/48◊,7		38,415,416		308,180
2015-CR27, 0.90% (WAC) due 10/10/48◊,7		24,874,825		298,652
2015-CR23, 0.84% (WAC) due 05/10/48◊,7		34,621,452		287,999
2014-LC15,  (WAC) due 04/10/47◊,7		4,116,407		245
BANK
2020-BN25, 0.44% (WAC) due 01/15/63◊,7		140,000,000		3,149,692
2017-BNK6, 0.77% (WAC) due 07/15/60◊,7		38,087,819		773,674
2017-BNK4, 1.34% (WAC) due 05/15/50◊,7		10,607,112		357,170
CSAIL Commercial Mortgage Trust
2019-C15, 1.03% (WAC) due 03/15/52◊,7		93,818,616		3,414,941
2015-C1, 0.81% (WAC) due 04/15/50◊,7		48,685,294		212,550
2016-C6, 1.86% (WAC) due 01/15/49◊,7		4,775,355		148,108
UBS Commercial Mortgage Trust
2017-C2, 1.07% (WAC) due 08/15/50◊,7		38,312,013		1,148,050
2017-C5, 1.07% (WAC) due 11/15/50◊,7		41,689,987		1,069,707
CD Mortgage Trust
2017-CD6, 0.87% (WAC) due 11/13/50◊,7		40,295,908		948,396
2016-CD1, 1.36% (WAC) due 08/10/49◊,7		28,851,023		704,054
2016-CD2, 0.56% (WAC) due 11/10/49◊,7		29,463,642		332,471
BBCMS Mortgage Trust
2018-C2, 0.75% (WAC) due 12/15/51◊,7		56,993,656		1,645,766
CD Commercial Mortgage Trust
2017-CD4, 1.22% (WAC) due 05/10/50◊,7		25,311,368		775,467
2017-CD3, 0.95% (WAC) due 02/10/50◊,7		31,244,499		687,648
CGMS Commercial Mortgage Trust
2017-B1, 0.73% (WAC) due 08/15/50◊,7		58,383,209		1,263,856
JPMCC Commercial Mortgage Securities Trust
2017-JP6, 1.02% (WAC) due 07/15/50◊,7		47,249,735		1,138,199
Morgan Stanley Bank of America Merrill Lynch Trust
2015-C27, 0.86% (WAC) due 12/15/47◊,7		61,483,075		604,674
2014-C18, 4.00% due 08/15/31		525,365		365,926
CFCRE Commercial Mortgage Trust
2016-C3, 0.98% (WAC) due 01/10/48◊,7		42,699,644		660,162

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 25.2% (continued)
Commercial Mortgage-Backed Securities -  1.4% (continued)
Bank of America Merrill Lynch Commercial Mortgage Trust
2017-BNK3, 1.01% (WAC) due 02/15/50◊,7		20,994,226	$	518,387
2016-UB10, 1.73% (WAC) due 07/15/49◊,7		1,544,736		43,775
JPMBB Commercial Mortgage Securities Trust
2015-C27, 1.14% (WAC) due 02/15/48◊,7		64,027,252		501,852
DBJPM Mortgage Trust
2017-C6, 0.91% (WAC) due 06/10/50◊,7		20,067,892		448,128
Morgan Stanley Capital I Trust
2016-UBS9, 4.59% (WAC) due 03/15/49◊		275,000		247,082
SG Commercial Mortgage Securities Trust
2016-C5, 1.86% (WAC) due 10/10/48◊,7		4,932,942		154,212
Total Commercial Mortgage-Backed Securities				304,598,064
Military Housing -  0.8%
Freddie Mac Military Housing Bonds Resecuritization Trust Certificates
2015-R1, 4.49% (WAC) due 11/25/55◊,4		111,019,253		91,474,766
2015-R1, 4.44% (WAC) due 11/25/52◊,4		20,876,772		17,842,730
2015-R1, 0.70% (WAC) due 11/25/55◊,4,7		166,827,456		10,560,195
2015-R1, 4.31% (WAC) due 10/25/52◊,4		13,193,024		10,253,784
Capmark Military Housing Trust
2006-RILY, 6.15% due 07/10/51†††,4		12,534,838		11,735,867
2007-AETC, 5.75% due 02/10/52†††,4		7,105,152		6,392,576
2006-RILY, 5.81% (1 Month Term SOFR + 0.48%, Rate Floor: 0.05%) due 07/10/51◊,†††,4		6,725,307		4,228,200
2007-ROBS, 6.06% due 10/10/52†††,4		4,498,338		4,203,202
2007-AET2, 6.06% due 10/10/52†††,4		2,955,133		2,900,818
GMAC Commercial Mortgage Asset Corp.
2007-HCKM, 6.11% due 08/10/52†††,4		21,349,870		21,269,808
2005-DRUM, 5.47% due 05/10/50†††,4		4,324,629		3,868,770
2005-BLIS, 5.25% due 07/10/50†††,4		2,500,000		2,154,450
Total Military Housing				186,885,166
Total Collateralized Mortgage Obligations
(Cost $5,893,089,769)				5,619,988,592
ASSET-BACKED SECURITIES†† - 22.4%
Collateralized Loan Obligations -  13.8%
LCCM Trust
2021-FL3 A, 6.93% (1 Month Term SOFR + 1.56%, Rate Floor: 1.56%) due 11/15/38◊,4		98,500,000		97,097,488
2021-FL3 AS, 7.28% (1 Month Term SOFR + 1.91%, Rate Floor: 1.91%) due 11/15/38◊,4		37,152,000		35,513,404
2021-FL3 B, 7.68% (1 Month Term SOFR + 2.31%, Rate Floor: 2.31%) due 11/15/38◊,4		21,450,000		20,537,197
2021-FL2 B, 7.38% (1 Month Term SOFR + 2.01%, Rate Floor: 2.01%) due 12/13/38◊,4		400,000		380,072
Palmer Square Loan Funding Ltd.
2022-1A A2, 6.99% (3 Month Term SOFR + 1.60%, Rate Floor: 1.60%) due 04/15/30◊,4		23,000,000		22,714,027
2021-3A B, 7.43% (3 Month Term SOFR + 2.01%, Rate Floor: 2.01%) due 07/20/29◊,4		22,500,000		22,489,076
2023-2A A2, 7.65% (3 Month Term SOFR + 2.30%, Rate Floor: 2.30%) due 01/25/32◊,4		19,500,000		19,500,357
2023-1A B, 7.96% (3 Month Term SOFR + 2.80%, Rate Floor: 2.80%) due 07/20/31◊,4		15,250,000		15,235,183
2023-2A B, 8.05% (3 Month Term SOFR + 2.70%, Rate Floor: 2.70%) due 01/25/32◊,4		11,750,000		11,743,811

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 22.4% (continued)
Collateralized Loan Obligations -  13.8% (continued)
2021-2A B, 7.03% (3 Month Term SOFR + 1.66%, Rate Floor: 1.66%) due 05/20/29◊,4		10,500,000	$	10,494,727
2021-1A B, 7.48% (3 Month Term SOFR + 2.06%, Rate Floor: 2.06%) due 04/20/29◊,4		7,100,000		7,096,565
2023-4A B, 8.15% (3 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 07/24/31◊,4		7,050,000		7,055,520
2021-2A C, 8.03% (3 Month Term SOFR + 2.66%, Rate Floor: 2.66%) due 05/20/29◊,4		7,000,000		6,932,998
LoanCore Issuer Ltd.
2021-CRE6 B, 7.38% (1 Month Term SOFR + 2.01%, Rate Floor: 1.90%) due 11/15/38◊,4		44,000,000		42,115,053
2021-CRE4 C, 7.18% (1 Month Term SOFR + 1.81%, Rate Floor: 1.81%) due 07/15/35◊,4		25,829,465		25,451,303
2021-CRE6 C, 7.78% (1 Month Term SOFR + 2.41%, Rate Floor: 2.30%) due 11/15/38◊,4		22,825,000		21,857,793
2021-CRE5 D, 8.48% (1 Month Term SOFR + 3.11%, Rate Floor: 3.11%) due 07/15/36◊,4		14,350,000		13,408,189
2021-CRE5 A, 6.78% (1 Month Term SOFR + 1.41%, Rate Floor: 1.41%) due 07/15/36◊,4		12,902,061		12,704,615
2021-CRE4 D, 7.98% (1 Month Term SOFR + 2.61%, Rate Floor: 2.61%) due 07/15/35◊,4		5,600,000		5,291,710
BXMT Ltd.
2020-FL2 A, 6.38% (1 Month Term SOFR + 1.01%, Rate Floor: 1.01%) due 02/15/38◊,4		51,667,223		49,213,030
2020-FL3 AS, 7.23% (1 Month Term SOFR + 1.86%, Rate Floor: 1.86%) due 11/15/37◊,4		23,550,000		21,991,520
2020-FL2 B, 6.88% (1 Month Term SOFR + 1.51%, Rate Floor: 1.51%) due 02/15/38◊,4		16,000,000		14,262,577
2020-FL3 C, 8.03% (1 Month Term SOFR + 2.66%, Rate Floor: 2.66%) due 11/15/37◊,4		16,327,000		13,717,668
2020-FL3 B, 7.63% (1 Month Term SOFR + 2.26%, Rate Floor: 2.26%) due 11/15/37◊,4		10,600,000		9,662,796
2020-FL2 AS, 6.63% (1 Month Term SOFR + 1.26%, Rate Floor: 1.26%) due 02/15/38◊,4		6,008,500		5,514,066
2020-FL2 C, 7.13% (1 Month Term SOFR + 1.76%, Rate Floor: 1.76%) due 02/15/38◊,4		5,360,000		4,668,604
Cerberus Loan Funding XXX, LP
2020-3A A, 7.51% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 01/15/33◊,4		100,000,000		99,598,510
2020-3A B, 8.16% (3 Month Term SOFR + 2.76%, Rate Floor: 2.50%) due 01/15/33◊,4		10,200,000		10,026,152
Cerberus Loan Funding XXXII, LP
2021-2A A, 7.28% (3 Month Term SOFR + 1.88%, Rate Floor: 1.88%) due 04/22/33◊,4		65,000,000		64,377,690
2021-2A C, 8.51% (3 Month Term SOFR + 3.11%, Rate Floor: 3.11%) due 04/22/33◊,4		20,925,000		20,228,936

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 22.4% (continued)
Collateralized Loan Obligations -  13.8% (continued)
2021-2A B, 7.56% (3 Month Term SOFR + 2.16%, Rate Floor: 2.16%) due 04/22/33◊,4		19,200,000	$	18,719,952
Woodmont Trust
2020-7A A1A, 7.56% (3 Month Term SOFR + 2.16%, Rate Floor: 1.90%) due 01/15/32◊,4		83,000,000		82,655,035
2020-7A B, 8.26% (3 Month Term SOFR + 2.86%, Rate Floor: 2.60%) due 01/15/32◊,4		13,500,000		13,233,831
2020-7A A2, 7.91% (3 Month Term SOFR + 2.51%, Rate Floor: 2.25%) due 01/15/32◊,4		7,000,000		6,933,151
Golub Capital Partners CLO 33M Ltd.
2021-33A AR2, 7.50% (3 Month Term SOFR + 2.12%, Rate Floor: 1.86%) due 08/25/33◊,4		105,004,127		101,107,046
HERA Commercial Mortgage Ltd.
2021-FL1 B, 7.07% (1 Month Term SOFR + 1.71%, Rate Floor: 1.60%) due 02/18/38◊,4		49,562,000		47,608,871
2021-FL1 AS, 6.77% (1 Month Term SOFR + 1.41%, Rate Floor: 1.30%) due 02/18/38◊,4		28,000,000		26,935,572
2021-FL1 C, 7.42% (1 Month Term SOFR + 2.06%, Rate Floor: 1.95%) due 02/18/38◊,4		19,200,000		18,115,814
2021-FL1 A, 6.52% (1 Month Term SOFR + 1.16%, Rate Floor: 1.05%) due 02/18/38◊,4		7,423,461		7,163,150
ABPCI Direct Lending Fund CLO II LLC
2021-1A A1R, 7.28% (3 Month Term SOFR + 1.86%, Rate Floor: 1.60%) due 04/20/32◊,4		84,258,254		83,584,255
Cerberus Loan Funding XLIV LLC
2024-5A A,  due 01/15/36◊,4		74,950,000		74,950,000
Cerberus Loan Funding XLII LLC
2023-3A A1, 7.91% (3 Month Term SOFR + 2.48%, Rate Floor: 2.48%) due 09/13/35◊,4		54,450,000		54,454,890
2023-3A B, 8.78% (3 Month Term SOFR + 3.35%, Rate Floor: 3.35%) due 09/13/35◊,4		15,700,000		15,697,009
Golub Capital Partners CLO 36M Ltd.
2018-36A A, 6.95% (3 Month Term SOFR + 1.56%, Rate Floor: 0.00%) due 02/05/31◊,4		64,217,405		63,942,850
THL Credit Lake Shore MM CLO I Ltd.
2021-1A A1R, 7.36% (3 Month Term SOFR + 1.96%, Rate Floor: 1.70%) due 04/15/33◊,4		33,500,000		33,228,992
2021-1A BR, 7.66% (3 Month Term SOFR + 2.26%, Rate Floor: 2.00%) due 04/15/33◊,4		30,400,000		29,808,264
ABPCI Direct Lending Fund CLO V Ltd.
2021-5A A1R, 7.18% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 04/20/31◊,4		46,392,361		45,932,604
2021-5A A2R, 7.58% (3 Month Term SOFR + 2.16%, Rate Floor: 1.90%) due 04/20/31◊,4		15,975,000		15,449,697
ABPCI Direct Lending Fund CLO I LLC
2021-1A A1A2, 7.38% (3 Month Term SOFR + 1.96%, Rate Floor: 1.96%) due 07/20/33◊,4		59,500,000		58,931,692
2021-1A B12, 7.68% (3 Month Term SOFR + 2.26%, Rate Floor: 2.26%) due 07/20/33◊,4		2,500,000		2,443,942
Cerberus Loan Funding XL LLC
2023-1A A, 7.79% (3 Month Term SOFR + 2.40%, Rate Floor: 2.40%) due 03/22/35◊,4		55,500,000		55,501,177
2023-1A B, 8.99% (3 Month Term SOFR + 3.60%, Rate Floor: 3.60%) due 03/22/35◊,4		4,600,000		4,604,784
ABPCI Direct Lending Fund IX LLC
2021-9A A1R, 7.05% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 11/18/31◊,4		34,150,000		33,744,301
2021-9A A2R, 7.45% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 11/18/31◊,4		26,000,000		25,239,172
Cerberus Loan Funding XXXIII, LP
2021-3A A, 7.22% (3 Month Term SOFR + 1.82%, Rate Floor: 1.56%) due 07/23/33◊,4		47,750,000		47,271,493
2021-3A B, 7.51% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 07/23/33◊,4		9,500,000		9,230,477
Owl Rock CLO IV Ltd.
2021-4A A1R, 7.23% (3 Month Term SOFR + 1.86%, Rate Floor: 1.60%) due 08/20/33◊,4		40,750,000		40,155,164
2021-4A A2R, 7.53% (3 Month Term SOFR + 2.16%, Rate Floor: 1.90%) due 08/20/33◊,4		16,750,000		16,087,343

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 22.4% (continued)
Collateralized Loan Obligations -  13.8% (continued)
Fortress Credit Opportunities IX CLO Ltd.
2021-9A A2TR, 7.46% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 10/15/33◊,4		46,200,000	$	45,079,433
2021-9A BR, 7.61% (3 Month Term SOFR + 2.21%, Rate Floor: 1.95%) due 10/15/33◊,4		6,700,000		6,443,058
2021-9A A1TR, 7.21% (3 Month Term SOFR + 1.81%, Rate Floor: 1.55%) due 10/15/33◊,4		3,450,000		3,392,552
Cerberus Loan Funding XXXI, LP
2021-1A A, 7.16% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 04/15/32◊,4		41,509,126		41,416,100
2021-1A C, 8.26% (3 Month Term SOFR + 2.86%, Rate Floor: 2.60%) due 04/15/32◊,4		12,000,000		11,701,918
FS Rialto
2021-FL3 C, 7.52% (1 Month Term SOFR + 2.16%, Rate Floor: 2.16%) due 11/16/36◊,4		31,150,000		29,462,246
2021-FL2 C, 7.52% (1 Month Term SOFR + 2.16%, Rate Floor: 2.16%) due 05/16/38◊,4		15,665,000		14,802,302
2021-FL3 B, 7.27% (1 Month Term SOFR + 1.91%, Rate Floor: 1.91%) due 11/16/36◊,4		8,000,000		7,673,402
Cerberus Loan Funding XXXV, LP
2021-5A A, 7.16% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 09/22/33◊,4		41,500,000		41,382,999
2021-5A B, 7.51% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 09/22/33◊,4		8,000,000		7,785,205
ABPCI Direct Lending Fund CLO VII, LP
2021-7A A1R, 7.08% (3 Month Term SOFR + 1.69%, Rate Floor: 1.43%) due 10/20/31◊,4		39,500,000		39,091,143
2021-7A A2R, 7.50% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 10/20/31◊,4		8,250,000		7,972,033
ACRES Commercial Realty Ltd.
2021-FL1 C, 7.48% (1 Month Term SOFR + 2.11%, Rate Floor: 2.11%) due 06/15/36◊,4		13,092,000		12,421,996
2021-FL1 D, 8.13% (1 Month Term SOFR + 2.76%, Rate Floor: 2.76%) due 06/15/36◊,4		11,750,000		10,842,893
2021-FL2 B, 7.73% (1 Month Term SOFR + 2.36%, Rate Floor: 2.36%) due 01/15/37◊,4		10,100,000		9,812,821
2021-FL1 AS, 7.08% (1 Month Term SOFR + 1.71%, Rate Floor: 1.71%) due 06/15/36◊,4		6,425,000		6,183,745
2021-FL2 AS, 7.23% (1 Month Term SOFR + 1.86%, Rate Floor: 1.86%) due 01/15/37◊,4		3,500,000		3,422,728
Fortress Credit Opportunities XI CLO Ltd.
2018-11A A1T, 6.96% (3 Month Term SOFR + 1.56%, Rate Floor: 0.00%) due 04/15/31◊,4		38,969,488		38,816,236
2018-11A C, 8.16% (3 Month Term SOFR + 2.76%, Rate Floor: 0.00%) due 04/15/31◊,4		2,300,000		2,228,629
GoldenTree Loan Management US CLO 1 Ltd.
2021-9A B, 7.18% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 01/20/33◊,4		35,900,000		35,721,487

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 22.4% (continued)
Collateralized Loan Obligations -  13.8% (continued)
2021-9A C, 7.48% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 01/20/33◊,4		4,900,000	$	4,812,706
KREF Funding V LLC
7.22% (1 Month Term SOFR + 1.86%, Rate Floor: 1.86%) due 06/25/26◊,†††		40,103,661		39,857,425
0.15% due 06/25/26†††,7		313,636,364		150,546
LCM XXIV Ltd.
2021-24A BR, 7.08% (3 Month Term SOFR + 1.66%, Rate Floor: 0.00%) due 03/20/30◊,4		24,200,000		23,865,713
2021-24A CR, 7.58% (3 Month Term SOFR + 2.16%, Rate Floor: 0.00%) due 03/20/30◊,4		13,050,000		12,888,373
Golub Capital Partners CLO 16 Ltd.
2021-16A A1R2, 7.25% (3 Month Term SOFR + 1.87%, Rate Floor: 1.61%) due 07/25/33◊,4		26,750,000		26,660,495
2021-16A A2R2, 7.44% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 07/25/33◊,4		9,750,000		9,604,725
CHCP Ltd.
2021-FL1 AS, 6.77% (1 Month Term SOFR + 1.41%, Rate Floor: 1.30%) due 02/15/38◊,4		22,250,000		21,718,964
2021-FL1 B, 7.12% (1 Month Term SOFR + 1.76%, Rate Floor: 1.65%) due 02/15/38◊,4		6,600,000		6,355,238
2021-FL1 A, 6.52% (1 Month Term SOFR + 1.16%, Rate Floor: 1.05%) due 02/15/38◊,4		4,992,764		4,913,833
2021-FL1 C, 7.57% (1 Month Term SOFR + 2.21%, Rate Floor: 2.10%) due 02/15/38◊,4		2,950,000		2,791,157
Madison Park Funding XLVIII Ltd.
2021-48A B, 7.11% (3 Month Term SOFR + 1.71%, Rate Floor: 1.71%) due 04/19/33◊,4		27,500,000		27,333,199
2021-48A C, 7.66% (3 Month Term SOFR + 2.26%, Rate Floor: 2.26%) due 04/19/33◊,4		6,650,000		6,620,995
Golub Capital Partners CLO 49M Ltd.
2021-49A BR, 7.58% (3 Month Term SOFR + 2.16%, Rate Floor: 2.16%) due 08/26/33◊,4		21,695,000		20,908,157
2021-49A CR, 8.28% (3 Month Term SOFR + 2.86%, Rate Floor: 2.86%) due 08/26/33◊,4		12,600,000		12,037,883
Palmer Square CLO Ltd.
2023-4A C, 8.01% (3 Month Term SOFR + 2.60%, Rate Floor: 2.60%) due 10/20/33◊,4		16,250,000		16,247,636
2023-4A B, 7.56% (3 Month Term SOFR + 2.15%, Rate Floor: 2.15%) due 10/20/33◊,4		14,200,000		14,250,333
BDS Ltd.
2021-FL9 C, 7.37% (1 Month Term SOFR + 2.01%, Rate Floor: 1.90%) due 11/16/38◊,4		19,500,000		18,671,679
2020-FL5 B, 7.27% (1 Month Term SOFR + 1.91%, Rate Floor: 1.80%) due 02/16/37◊,4		4,400,000		4,280,351
2021-FL9 D, 7.72% (1 Month Term SOFR + 2.36%, Rate Floor: 2.25%) due 11/16/38◊,4		4,400,000		4,139,802
2020-FL5 AS, 6.82% (1 Month Term SOFR + 1.46%, Rate Floor: 1.35%) due 02/16/37◊,4		3,200,000		3,150,225

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 22.4% (continued)
Collateralized Loan Obligations -  13.8% (continued)
BCC Middle Market CLO LLC
2021-1A A1R, 7.16% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 10/15/33◊,4		30,450,000	$	30,105,772
Owl Rock CLO II Ltd.
2021-2A ALR, 7.23% (3 Month Term SOFR + 1.81%, Rate Floor: 1.55%) due 04/20/33◊,4		30,350,000		29,996,292
Neuberger Berman Loan Advisers CLO 40 Ltd.
2021-40A B, 7.06% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 04/16/33◊,4		26,700,000		26,538,099
2021-40A C, 7.41% (3 Month Term SOFR + 2.01%, Rate Floor: 1.75%) due 04/16/33◊,4		2,500,000		2,467,871
STWD Ltd.
2019-FL1 B, 7.08% (1 Month Term SOFR + 1.71%, Rate Floor: 1.71%) due 07/15/38◊,4		11,210,000		10,526,731
2019-FL1 C, 7.43% (1 Month Term SOFR + 2.06%, Rate Floor: 2.06%) due 07/15/38◊,4		8,800,000		8,221,594
2021-FL2 A, 6.67% (1 Month Term SOFR + 1.31%, Rate Floor: 1.20%) due 04/18/38◊,4		4,991,021		4,847,600
2021-FL2 C, 7.57% (1 Month Term SOFR + 2.21%, Rate Floor: 2.10%) due 04/18/38◊,4		2,820,000		2,489,915
2019-FL1 AS, 6.88% (1 Month Term SOFR + 1.51%, Rate Floor: 1.51%) due 07/15/38◊,4		2,200,000		2,131,694
MidOcean Credit CLO VII
2020-7A BR, 7.26% (3 Month Term SOFR + 1.86%, Rate Floor: 0.00%) due 07/15/29◊,4		27,500,000		27,437,564
Fontainbleau Vegas
11.01% (1 Month Term SOFR + 5.65%, Rate Floor: 5.65%) due 01/31/26◊,†††		26,052,091		26,052,091
OCP CLO Ltd.
2020-4A A2RR, 7.11% (3 Month Term SOFR + 1.71%, Rate Floor: 1.45%) due 04/24/29◊,4		25,500,000		25,433,351
Madison Park Funding LIII Ltd.
2022-53A B, 7.16% (3 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 04/21/35◊,4		24,000,000		23,712,845
BSPDF Issuer Ltd.
2021-FL1 C, 7.73% (1 Month Term SOFR + 2.36%, Rate Floor: 2.25%) due 10/15/36◊,4		15,300,000		13,946,935
2021-FL1 B, 7.28% (1 Month Term SOFR + 1.91%, Rate Floor: 1.80%) due 10/15/36◊,4		6,500,000		5,870,439
2021-FL1 D, 8.23% (1 Month Term SOFR + 2.86%, Rate Floor: 2.75%) due 10/15/36◊,4		3,500,000		3,188,355
Venture XIV CLO Ltd.
2020-14A CRR, 7.90% (3 Month Term SOFR + 2.51%, Rate Floor: 2.25%) due 08/28/29◊,4		22,725,000		22,717,946
Magnetite XXIX Ltd.
2021-29A B, 7.06% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 01/15/34◊,4		15,100,000		15,005,343
2021-29A C, 7.31% (3 Month Term SOFR + 1.91%, Rate Floor: 1.65%) due 01/15/34◊,4		7,700,000		7,584,239
Golub Capital Partners CLO 17 Ltd.
2017-17A A1R, 7.29% (3 Month Term SOFR + 1.91%, Rate Floor: 0.00%) due 10/25/30◊,4		22,331,826		22,334,247
Golub Capital Partners CLO 54M L.P
2021-54A B, 7.50% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 08/05/33◊,4		21,000,000		20,178,606
Recette CLO Ltd.
2021-1A BRR, 7.08% (3 Month Term SOFR + 1.66%, Rate Floor: 0.00%) due 04/20/34◊,4		9,800,000		9,673,958
2021-1A CRR, 7.43% (3 Month Term SOFR + 2.01%, Rate Floor: 0.00%) due 04/20/34◊,4		9,200,000		8,973,606
Anchorage Capital CLO 6 Ltd.
2021-6A CRR, 7.86% (3 Month Term SOFR + 2.46%, Rate Floor: 2.20%) due 07/15/30◊,4		18,585,000		18,627,013
Neuberger Berman Loan Advisers CLO 32 Ltd.
2021-32A BR, 7.06% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 01/20/32◊,4		14,100,000		14,008,887
2021-32A CR, 7.36% (3 Month Term SOFR + 1.96%, Rate Floor: 1.70%) due 01/20/32◊,4		4,200,000		4,139,318
KREF Ltd.
2021-FL2 AS, 6.78% (1 Month Term SOFR + 1.41%, Rate Floor: 1.30%) due 02/15/39◊,4		19,300,000		17,762,873
NewStar Fairfield Fund CLO Ltd.
2018-2A A1N, 6.95% (3 Month Term SOFR + 1.53%, Rate Floor: 1.27%) due 04/20/30◊,4		17,119,667		17,045,871
Owl Rock CLO VI Ltd.
2021-6A B1, 7.38% (3 Month Term SOFR + 2.01%, Rate Floor: 1.75%) due 06/21/32◊,4		17,450,000		16,981,497

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 22.4% (continued)
Collateralized Loan Obligations -  13.8% (continued)
BSPRT Issuer Ltd.
2021-FL7 C, 7.78% (1 Month Term SOFR + 2.41%, Rate Floor: 2.41%) due 12/15/38◊,4		7,250,000	$	6,935,832
2021-FL6 C, 7.53% (1 Month Term SOFR + 2.16%, Rate Floor: 2.05%) due 03/15/36◊,4		5,550,000		5,164,209
2021-FL7 B, 7.53% (1 Month Term SOFR + 2.16%, Rate Floor: 2.16%) due 12/15/38◊,4		4,875,000		4,735,233
Cerberus Loan Funding XXXVIII, LP
2022-2A A1, 8.14% (3 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 10/15/34◊,4		16,570,000		16,443,639
Owl Rock CLO I LLC
2024-1A ANR,  due 02/20/36◊,4		15,500,000		15,500,000
KREF
2021-FL2 C, 7.48% (1 Month Term SOFR + 2.11%, Rate Floor: 2.00%) due 02/15/39◊,4		16,600,000		15,344,539
Dryden 36 Senior Loan Fund
2020-36A CR3, 7.71% (3 Month Term SOFR + 2.31%, Rate Floor: 2.05%) due 04/15/29◊,4		15,200,000		15,159,829
Owl Rock CLO XIII LLC
2023-13A B, 8.77% (3 Month Term SOFR + 3.35%, Rate Floor: 3.35%) due 09/20/35◊,4		14,750,000		14,713,781
Octagon Investment Partners 49 Ltd.
2021-5A B, 7.21% (3 Month Term SOFR + 1.81%, Rate Floor: 1.55%) due 01/15/33◊,4		12,800,000		12,712,192
Greystone Commercial Real Estate Notes
2021-FL3 C, 7.48% (1 Month Term SOFR + 2.11%, Rate Floor: 2.00%) due 07/15/39◊,4		12,000,000		11,276,142
Golub Capital Partners CLO 54M, LP
2021-54A A, 7.18% (3 Month Term SOFR + 1.79%, Rate Floor: 1.53%) due 08/05/33◊,4		10,750,000		10,652,889
Neuberger Berman CLO XVI-S Ltd.
2021-16SA BR, 7.06% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 04/15/34◊,4		10,200,000		10,112,610
Lake Shore MM CLO III LLC
2021-2A A1R, 7.14% (3 Month Term SOFR + 1.74%, Rate Floor: 1.48%) due 10/17/31◊,4		10,000,000		9,975,003
Neuberger Berman Loan Advisers CLO 47 Ltd.
2022-47A B, 7.19% (3 Month Term SOFR + 1.80%, Rate Floor: 1.80%) due 04/14/35◊,4		9,000,000		8,910,261
Boyce Park CLO Ltd.
2022-1A B1, 7.16% (3 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 04/21/35◊,4		8,800,000		8,714,903
Golub Capital Partners CLO 25M Ltd.
2018-25A AR, 7.03% (3 Month Term SOFR + 1.64%, Rate Floor: 1.38%) due 05/05/30◊,4		8,378,907		8,364,534
Dryden 37 Senior Loan Fund
2015-37A Q, due 01/15/314,10		10,000,000		7,165,809
ACRE Commercial Mortgage Ltd.
2021-FL4 B, 6.87% (1 Month Term SOFR + 1.51%, Rate Floor: 1.40%) due 12/18/37◊,4		3,100,000		3,044,942

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 22.4% (continued)
Collateralized Loan Obligations -  13.8% (continued)
2021-FL4 C, 7.22% (1 Month Term SOFR + 1.86%, Rate Floor: 1.75%) due 12/18/37◊,4		3,100,000	$	2,923,263
HGI CRE CLO Ltd.
2021-FL2 B, 6.97% (1 Month Term SOFR + 1.61%, Rate Floor: 1.61%) due 09/17/36◊,4		5,000,000		4,791,519
2021-FL2 C, 7.27% (1 Month Term SOFR + 1.91%, Rate Floor: 1.91%) due 09/17/36◊,4		1,000,000		948,747
VOYA CLO
2021-2A BR, 7.81% (3 Month Term SOFR + 2.41%, Rate Floor: 2.15%) due 06/07/30◊,4		4,950,000		4,951,556
FS RIALTO
2021-FL2 A, 6.69% (1 Month Term SOFR + 1.33%, Rate Floor: 1.33%) due 05/16/38◊,4		4,639,060		4,514,232
Northwoods Capital XII-B Ltd.
2018-12BA B, 7.50% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 06/15/31◊,4		4,000,000		3,949,621
BRSP Ltd.
2021-FL1 D, 8.17% (1 Month Term SOFR + 2.81%, Rate Floor: 2.70%) due 08/19/38◊,4		4,200,000		3,750,759
Owl Rock CLO I Ltd.
2019-1A A, 7.43% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 05/20/31◊,4		3,660,335		3,652,262
MF1 Multifamily Housing Mortgage Loan Trust
2021-FL6 D, 8.02% (1 Month Term SOFR + 2.66%, Rate Floor: 2.55%) due 07/16/36◊,4		3,800,000		3,629,092
Dryden XXVI Senior Loan Fund
2018-26A CR, 7.51% (3 Month Term SOFR + 2.11%, Rate Floor: 0.00%) due 04/15/29◊,4		3,500,000		3,480,432
Wellfleet CLO Ltd.
2018-2A A2R, 7.26% (3 Month Term SOFR + 1.84%, Rate Floor: 1.58%) due 10/20/28◊,4		2,500,000		2,493,683
Allegro CLO VII Ltd.
2018-1A C, 7.56% (3 Month Term SOFR + 2.16%, Rate Floor: 1.90%) due 06/13/31◊,4		2,500,000		2,467,080
Carlyle Global Market Strategies CLO Ltd.
2012-3A SUB,  due 01/14/324,10		8,920,000		2,419,104
Cerberus Loan Funding XXXVI, LP
2021-6A A, 7.06% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 11/22/33◊,4		2,235,774		2,234,731
Atlas Senior Loan Fund III Ltd.
2017-1A BR, 6.93% (3 Month Term SOFR + 1.56%, Rate Floor: 0.00%) due 11/17/27◊,4		2,170,808		2,169,956
Voya CLO Ltd.
2013-1A INC,  due 10/15/304,10		10,575,071		410,419
Great Lakes CLO Ltd.
2014-1A SUB,  due 10/15/294,10		461,538		179,093
Venture XIII CLO Ltd.
2013-13A SUB,  due 09/10/294,10		3,700,000		100,958
Babson CLO Ltd.
2014-IA SUB,  due 07/20/254,10		1,266,687		34,986
Atlas Senior Loan Fund IX Ltd.
2018-9A SUB,  due 04/20/284,10		1,200,000		29,894
Treman Park CLO Ltd.
2015-1A SUB,  due 10/20/284,10		6,859,005		26,956

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 22.4% (continued)
Collateralized Loan Obligations -  13.8% (continued)
Copper River CLO Ltd.
2007-1A INC,  due 01/20/219,10		1,500,000	$	150
Total Collateralized Loan Obligations				3,072,608,918
Financial -  2.6%
Project Onyx I
7.67% due 01/26/27†††		55,050,000		55,033,485
7.31% (3 Month Term SOFR + 3.15%, Rate Floor: 3.15%) due 01/26/27◊,†††		26,000,000		25,992,200
KKR Core Holding Company LLC
4.00% due 08/12/31†††		81,770,389		73,520,575
Strategic Partners Fund VIII LP
7.95% (1 Month Term SOFR + 2.60%, Rate Floor: 2.60%) due 03/10/26◊,†††		67,480,127		67,118,434
HV Eight LLC
7.10% (3 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 12/31/27◊,†††	EUR	59,467,568		65,698,003
Madison Avenue Secured Funding Trust
2023-1, 7.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 03/04/24◊,†††,4		26,600,000		26,600,000
2023-2, 7.21% (1 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 10/15/24◊,†††,4		25,350,000		25,350,000
LVNV Funding LLC
7.80% due 11/05/28†††		39,400,000		41,138,328
HarbourVest Structured Solutions IV Holdings, LP
7.61% (3 Month USD LIBOR + 2.45%, Rate Floor: 2.45%) due 09/15/26◊,†††		18,686,089		18,681,231
6.05% (3 Month EURIBOR + 2.45%, Rate Floor: 2.45%) due 09/15/26◊,†††	EUR	11,100,000		12,260,622
Thunderbird A
5.50% due 03/01/37†††		32,361,026		30,486,352
Lightning A
5.50% due 03/01/37†††		31,878,307		30,031,597
Ceamer Finance LLC
3.69% due 03/24/31†††		19,291,311		18,070,364
6.92% due 11/15/37†††		7,249,765		7,066,926
Project Onyx II
7.67% due 01/26/27†††		18,350,000		18,342,843
7.31% (3 Month Term SOFR + 3.15%, Rate Floor: 3.15%) due 01/26/27◊,†††		5,000,000		4,998,050
Bib Merchant Voucher Receivables Ltd.
4.18% due 04/07/28†††		15,420,004		14,717,468
Station Place Securitization Trust
2023-SP1, 7.21% (1 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 10/15/24◊,†††,4		12,650,000		12,650,000
Nassau LLC
2019-1, 3.98% due 08/15/344		11,021,776		10,559,987
Aesf Vi Verdi, LP
7.70% (3 Month Term SOFR + 2.30%, Rate Floor: 2.30%) due 11/25/24◊,†††		5,765,456		5,765,456
Oxford Finance Funding
2020-1A, 3.10% due 02/15/284		4,815,827		4,674,492
Industrial DPR Funding Ltd.
2016-1A, 5.24% due 04/15/264		1,598,213		1,574,401
Total Financial				570,330,814
Transport-Aircraft -  1.6%
AASET Trust
2021-1A, 2.95% due 11/16/414		57,405,341		51,435,185
2021-2A, 2.80% due 01/15/474		33,589,477		28,851,009
2020-1A, 3.35% due 01/16/404		14,013,727		12,372,984
2019-1, 3.84% due 05/15/394		4,196,192		3,172,575
2019-2, 3.38% due 10/16/394		1,494,085		1,326,014
2017-1A, 3.97% due 05/16/424		751,085		686,947
Navigator Aircraft ABS Ltd.
2021-1, 2.77% due 11/15/464		46,765,627		40,729,120
Castlelake Aircraft Structured Trust
2021-1A, 3.47% due 01/15/464		41,601,474		38,184,745
Lunar Structured Aircraft Portfolio Notes
2021-1, 2.64% due 10/15/464		33,625,588		28,997,698
Sprite Ltd.
2021-1, 3.75% due 11/15/464		28,584,490		26,198,542

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 22.4% (continued)
Transport-Aircraft -  1.6% (continued)
Sapphire Aviation Finance II Ltd.
2020-1A, 3.23% due 03/15/404		24,785,544	$	21,144,796
AASET US Ltd.
2018-2A, 4.45% due 11/18/384		21,140,849		18,511,598
KDAC Aviation Finance Ltd.
2017-1A, 4.21% due 12/15/424		18,718,896		15,725,911
WAVE LLC
2019-1, 3.60% due 09/15/444		16,802,985		14,030,828
Sapphire Aviation Finance I Ltd.
2018-1A, 4.25% due 03/15/404		12,531,660		11,157,062
Raspro Trust
2005-1A, 6.18% (3 Month Term SOFR + 1.19%, Rate Floor: 0.93%) due 03/23/24◊,4		10,637,384		10,590,367
MAPS Ltd.
2018-1A, 4.21% due 05/15/434		11,802,265		10,580,377
Castlelake Aircraft Securitization Trust
2018-1, 4.13% due 06/15/434		10,599,668		9,663,253
Falcon Aerospace Ltd.
2019-1, 3.60% due 09/15/394		7,977,540		7,282,436
2017-1, 4.58% due 02/15/424		2,406,847		2,249,886
Slam Ltd.
2021-1A, 2.43% due 06/15/464		1,687,400		1,458,487
2021-1A, 3.42% due 06/15/464		1,265,550		1,063,113
Total Transport-Aircraft				355,412,933
Whole Business -  1.4%
Arbys Funding LLC
2020-1A, 3.24% due 07/30/504		94,653,428		86,355,540
SERVPRO Master Issuer LLC
2021-1A, 2.39% due 04/25/514		38,252,175		32,858,618
2022-1A, 3.13% due 01/25/524		23,088,750		20,042,951
2019-1A, 3.88% due 10/25/494		4,325,760		4,063,260
Taco Bell Funding LLC
2021-1A, 2.29% due 08/25/514		23,157,525		19,871,588
2016-1A, 4.97% due 05/25/464		17,392,559		17,123,374
Sonic Capital LLC
2021-1A, 2.64% due 08/20/514		19,370,140		15,417,837
2020-1A, 3.85% due 01/20/504		7,988,533		7,521,452
2020-1A, 4.34% due 01/20/504		7,042,167		6,476,737
2021-1A, 2.19% due 08/20/514		3,889,473		3,316,227
ServiceMaster Funding LLC
2020-1, 3.34% due 01/30/514		27,926,793		22,789,660
2020-1, 2.84% due 01/30/514		9,290,007		8,107,501
Wingstop Funding LLC
2020-1A, 2.84% due 12/05/504		25,117,500		22,587,640
Applebee's Funding LLC / IHOP Funding LLC
2019-1A, 4.72% due 06/05/494		22,918,500		21,957,115
Domino's Pizza Master Issuer LLC
2021-1A, 3.15% due 04/25/514		9,097,725		7,799,088
2017-1A, 4.12% due 07/25/474		7,822,750		7,461,104
Wendy's Funding LLC
2019-1A, 3.78% due 06/15/494		12,176,781		11,617,124
2019-1A, 4.08% due 06/15/494		1,507,481		1,398,372
DB Master Finance LLC
2021-1A, 2.79% due 11/20/514		6,615,000		5,458,103
Total Whole Business				322,223,291
Net Lease -  0.9%
STORE Master Funding I-VII
2016-1A, 3.96% due 10/20/464		27,423,947		25,881,523
2016-1A, 4.32% due 10/20/464		10,851,920		10,145,885
CF Hippolyta Issuer LLC
2022-1A, 6.11% due 08/15/624		20,275,457		19,800,367
2020-1, 2.28% due 07/15/604		10,075,718		9,220,274
Capital Automotive REIT
2020-1A, 3.48% due 02/15/504		21,963,290		19,996,001
2021-1A, 2.76% due 08/15/514		6,568,375		4,832,675
CARS-DB4, LP
2020-1A, 3.81% due 02/15/504		20,014,439		16,938,738
2020-1A, 3.25% due 02/15/504		3,393,686		2,955,071

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 22.4% (continued)
Net Lease -  0.9% (continued)
SVC ABS LLC
2023-1A, 5.15% due 02/20/534		15,286,042	$	14,709,420
2023-1A, 5.55% due 02/20/534		3,492,708		3,280,670
CMFT Net Lease Master Issuer LLC
2021-1, 2.91% due 07/20/514		10,050,000		8,099,854
2021-1, 3.04% due 07/20/514		5,050,000		3,701,453
2021-1, 2.51% due 07/20/514		3,000,000		2,446,696
2021-1, 3.44% due 07/20/514		3,215,000		2,355,435
Oak Street Investment Grade Net Lease Fund Series
2020-1A, 2.26% due 11/20/504		14,993,750		13,557,970
STORE Master Funding LLC
2021-1A, 2.96% due 06/20/514		12,640,000		9,731,814
2021-1A, 3.70% due 06/20/514		3,538,212		2,682,220
STORE Master Funding I LLC
2015-1A, 4.17% due 04/20/454		9,943,153		9,479,199
New Economy Assets Phase 1 Sponsor LLC
2021-1, 2.41% due 10/20/614		10,000,000		8,107,260
CARS-DB7, LP
2023-1A, 5.75% due 09/15/534		4,504,500		4,525,746
CF Hippolyta LLC
2020-1, 2.60% due 07/15/604		4,312,872		3,519,133
Total Net Lease				195,967,404
Single Family Residence -  0.7%
FirstKey Homes Trust
2020-SFR2, 4.50% due 10/19/374		21,640,000		20,264,501
2020-SFR2, 4.00% due 10/19/374		20,340,000		18,990,278
2020-SFR2, 3.37% due 10/19/374		13,010,000		12,059,112
2021-SFR1, 2.19% due 08/17/384		13,174,000		11,864,657
Home Partners of America Trust
2021-2, 2.65% due 12/17/264		46,428,040		41,834,074
2021-3, 2.80% due 01/17/414		15,305,139		13,213,921
Tricon Residential Trust
2023-SFR2, 5.00% due 12/17/284		31,239,000		29,961,315
2021-SFR1, 2.59% due 07/17/384		7,000,000		6,375,435
Total Single Family Residence				154,563,293
Infrastructure -  0.6%
Hotwire Funding LLC
2023-1A, 8.84% due 05/20/534		31,200,000		29,247,994
2021-1, 2.31% due 11/20/514		5,350,000		4,825,669
2021-1, 2.66% due 11/20/514		4,025,000		3,522,650
VB-S1 Issuer LLC - VBTEL
2022-1A, 4.29% due 02/15/524		40,900,000		36,855,869
Stack Infrastructure Issuer LLC
2023-3A, 5.90% due 10/25/484		18,650,000		18,580,193
2020-1A, 1.89% due 08/25/454		11,624,000		10,760,609
2023-1A, 5.90% due 03/25/484		5,050,000		4,969,058
Aligned Data Centers Issuer LLC
2021-1A, 1.94% due 08/15/464		28,913,000		25,912,727
Blue Stream Issuer LLC
2023-1A, 5.40% due 05/20/534		6,625,000		6,415,811
Total Infrastructure				141,090,580
Collateralized Debt Obligations -  0.4%
Anchorage Credit Funding 4 Ltd.
2021-4A AR, 2.72% due 04/27/394		108,854,127		94,866,350
Anchorage Credit Funding Ltd.
2021-13A C2, 3.65% due 07/27/394		1,950,000		1,612,920
Total Collateralized Debt Obligations				96,479,270
Transport-Container -  0.2%
Textainer Marine Containers VII Ltd.
2020-1A, 2.73% due 08/21/454		43,730,344		40,806,857
2021-2A, 2.23% due 04/20/464		2,556,667		2,281,186
MC Ltd.
2021-1, 2.63% due 11/05/354		9,680,000		8,689,873

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
ASSET-BACKED SECURITIES†† - 22.4% (continued)
Transport-Container -  0.2% (continued)
CLI Funding VIII LLC
2021-1A, 1.64% due 02/18/464		2,859,396	$	2,521,771
Total Transport-Container				54,299,687
Automotive -  0.1%
Avis Budget Rental Car Funding AESOP LLC
2023-8A, 6.66% due 02/20/304		12,750,000		13,171,071
2023-8A, 6.02% due 02/20/304		11,000,000		11,325,510
Total Automotive				24,496,581
Insurance -  0.1%
CHEST
7.13% due 03/15/43†††		18,145,000		18,389,051
JGWPT XXIII LLC
2011-1A, 4.70% due 10/15/564		2,127,020		2,009,206
JGWPT XXIV LLC
2011-2A, 4.94% due 09/15/564		1,572,381		1,487,499
321 Henderson Receivables VI LLC
2010-1A, 5.56% due 07/15/594		599,355		594,113
VICOF 2
4.00% due 02/22/30†††		602,757		577,182
SPSS
5.14% due 11/15/52†††,9		142,779		126,651
Total Insurance				23,183,702
Total Asset-Backed Securities
(Cost $5,210,588,845)				5,010,656,473
CORPORATE BONDS†† - 21.8%
Financial -  11.0%
Pershing Square Holdings Ltd.
3.25% due 10/01/314		104,800,000		82,361,272
3.25% due 11/15/30		64,350,000		52,218,738
Reliance Standard Life Global Funding II
2.75% due 05/07/254		93,191,000		89,547,071
Wilton RE Ltd.
6.00% 3,4,11		92,239,000		81,598,590
GLP Capital Limited Partnership / GLP Financing II, Inc.
4.00% due 01/15/31		54,748,000		49,307,883
5.30% due 01/15/29		20,867,000		20,746,341
3.25% due 01/15/32		4,150,000		3,503,647
4.00% due 01/15/30		475,000		433,428
Jefferies Financial Group, Inc.
2.75% due 10/15/32		40,642,000		33,288,149
2.63% due 10/15/31		27,400,000		22,695,841
5.88% due 07/21/28		3,700,000		3,793,992
6.25% due 01/15/36		1,000,000		1,051,074
FS KKR Capital Corp.
2.63% due 01/15/27		33,971,000		30,491,920
3.25% due 07/15/27		30,100,000		27,379,824
Global Atlantic Finance Co.
4.70% due 10/15/513,4		42,662,000		36,565,357
3.13% due 06/15/314		25,602,000		20,974,266
Safehold GL Holdings LLC
2.85% due 01/15/32		40,038,000		32,445,676
2.80% due 06/15/31		30,247,000		24,852,955
Host Hotels & Resorts, LP
3.50% due 09/15/30		44,753,000		39,925,049
2.90% due 12/15/31		20,200,000		16,947,499
Liberty Mutual Group, Inc.
4.30% due 02/01/614		74,981,000		49,175,884
4.13% due 12/15/513,4		3,600,000		3,016,441
3.95% due 05/15/604		4,064,000		2,920,999
Maple Grove Funding Trust I
4.16% due 08/15/514		77,700,000		54,418,340
Macquarie Bank Ltd.
3.62% due 06/03/304		59,035,000		51,300,344
Fairfax Financial Holdings Ltd.
3.38% due 03/03/31		41,708,000		36,651,589
5.63% due 08/16/32		13,100,000		13,087,289
Ares Finance Company II LLC
3.25% due 06/15/304		53,785,000		47,497,503
Nationwide Mutual Insurance Co.
4.35% due 04/30/504		57,736,000		46,278,452
First American Financial Corp.
4.00% due 05/15/30		40,891,000		36,776,052
2.40% due 08/15/31		11,875,000		9,388,519
Nippon Life Insurance Co.
2.75% due 01/21/513,4		45,350,000		37,562,707
2.90% due 09/16/513,4		10,380,000		8,545,984
Blue Owl Capital GP LLC
7.21% due 08/22/43†††		28,550,000		29,469,024
7.11% due 08/22/43†††		15,200,000		15,544,432
Rocket Mortgage LLC / Rocket Mortgage Company-Issuer, Inc.
3.88% due 03/01/314		46,892,000		41,241,329
2.88% due 10/15/264		2,196,000		2,025,810
Macquarie Group Ltd.
2.69% due 06/23/323,4		31,550,000		25,889,164
2.87% due 01/14/333,4		17,431,000		14,329,072
1.63% due 09/23/273,4		720,000		647,799
1.34% due 01/12/273,4		570,000		523,680
United Wholesale Mortgage LLC
5.50% due 04/15/294		32,712,000		30,968,777
5.50% due 11/15/254		10,131,000		10,066,958
Fidelity National Financial, Inc.
3.40% due 06/15/30		43,590,000		38,846,445
2.45% due 03/15/31		2,540,000		2,104,130

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 21.8% (continued)
Financial -  11.0% (continued)
OneAmerica Financial Partners, Inc.
4.25% due 10/15/504		54,705,000	$	39,349,554
Bain Capital, LP
3.41% due 04/15/41†††		36,000,000		24,900,480
3.72% due 04/15/42†††		20,300,000		14,436,751
Jefferies Finance LLC / JFIN Company-Issuer Corp.
5.00% due 08/15/284		39,650,000		35,489,890
CBS Studio Center
8.34% (30 Day Average SOFR + 3.00%, Rate Floor: 3.00%) due 01/09/24◊,†††		34,100,000		34,100,000
Sumitomo Life Insurance Co.
3.38% due 04/15/813,4		39,900,000		34,057,427
Reinsurance Group of America, Inc.
3.15% due 06/15/30		35,097,000		31,500,105
Assurant, Inc.
2.65% due 01/15/32		36,922,000		29,814,063
6.75% due 02/15/34		1,450,000		1,569,109
Belrose Funding Trust
2.33% due 08/15/304		38,420,000		30,684,579
National Australia Bank Ltd.
2.33% due 08/21/304		22,400,000		18,248,126
3.35% due 01/12/373,4		14,550,000		12,074,432
Stewart Information Services Corp.
3.60% due 11/15/31		37,221,000		28,992,350
Morgan Stanley
2.70% due 01/22/313		31,480,000		27,519,077
2.51% due 10/20/323		1,200,000		993,646
UBS Group AG
2.10% due 02/11/323,4		33,400,000		26,640,462
5.71% due 01/12/273,4		1,000,000		1,005,478
Standard Chartered plc
4.64% due 04/01/313,4		28,908,000		27,234,899
Iron Mountain, Inc.
4.50% due 02/15/314		18,937,000		17,147,785
5.63% due 07/15/324		8,431,000		7,981,378
4.88% due 09/15/274		1,938,000		1,891,121
5.25% due 07/15/304		74,000		70,441
Bank of America Corp.
2.59% due 04/29/313		28,440,000		24,509,303
1.73% due 07/22/273		1,650,000		1,511,649
Americo Life, Inc.
3.45% due 04/15/314		32,364,000		25,338,694
Westpac Banking Corp.
3.02% due 11/18/363		15,650,000		12,721,763
2.96% due 11/16/40		12,214,000		8,456,668
2.67% due 11/15/353		4,467,000		3,633,427
Capital One Financial Corp.
6.38% due 06/08/343		22,450,000		23,105,486
5.47% due 02/01/293		1,000,000		997,045
Brookfield Finance, Inc.
4.70% due 09/20/47		9,790,000		8,509,870
3.50% due 03/30/51		9,526,000		6,965,769
3.63% due 02/15/52		9,380,000		6,665,270
6.35% due 01/05/34		1,640,000		1,744,609
Trustage Financial Group, Inc.
4.63% due 04/15/324		26,450,000		23,035,986
Dyal Capital Partners III
4.40% due 06/15/40†††		26,750,000		22,915,923
Hunt Companies, Inc.
5.25% due 04/15/294		25,121,000		22,408,251
LPL Holdings, Inc.
4.00% due 03/15/294		17,588,000		16,276,227
4.38% due 05/15/314		6,241,000		5,651,417
Manulife Financial Corp.
2.48% due 05/19/27		17,800,000		16,488,854
4.06% due 02/24/323		4,815,000		4,532,479
Societe Generale S.A.
2.89% due 06/09/323,4		21,150,000		17,451,114
1.79% due 06/09/273,4		1,630,000		1,483,614
NFP Corp.
7.50% due 10/01/304		11,950,000		12,718,347
6.88% due 08/15/284		5,617,000		5,710,246
Brookfield Capital Finance LLC
6.09% due 06/14/33		16,800,000		17,522,031
Horace Mann Educators Corp.
7.25% due 09/15/28		11,950,000		12,706,438
4.50% due 12/01/25		4,560,000		4,469,111
JPMorgan Chase & Co.
2.96% due 05/13/313		17,276,000		15,181,693
0.82% due 06/01/253		900,000		880,729
2.07% due 06/01/293		900,000		797,986
Corebridge Financial, Inc.
6.88% due 12/15/523		16,030,000		15,975,597
ABN AMRO Bank N.V.
2.47% due 12/13/293,4		18,000,000		15,834,741
KKR Group Finance Company VIII LLC
3.50% due 08/25/504		22,210,000		15,796,259
QBE Insurance Group Ltd.
5.88% 3,4,11		15,700,000		15,296,373
Central Storage Safety Project Trust
4.82% due 02/01/389		17,180,640		15,022,636
Prudential Financial, Inc.
3.70% due 10/01/503		17,139,000		14,858,497
AmFam Holdings, Inc.
2.81% due 03/11/314		19,050,000		14,591,900
GA Global Funding Trust
2.90% due 01/06/324		17,480,000		14,301,771
Kennedy-Wilson, Inc.
4.75% due 03/01/29		15,662,000		13,076,517
4.75% due 02/01/30		81,000		65,653
PartnerRe Finance B LLC
4.50% due 10/01/503		14,043,000		11,954,018

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 21.8% (continued)
Financial -  11.0% (continued)
NatWest Group plc
6.02% due 03/02/343		10,130,000	$	10,636,174
4.45% due 05/08/303		1,100,000		1,054,002
CNO Financial Group, Inc.
5.25% due 05/30/29		11,125,000		10,982,846
BPCE S.A.
7.00% due 10/19/343,4		10,000,000		10,868,061
Sumitomo Mitsui Financial Group, Inc.
2.22% due 09/17/31		11,900,000		9,807,756
5.71% due 01/13/30		1,000,000		1,038,227
HSBC Holdings plc
6.16% due 03/09/293		10,340,000		10,676,956
KKR Group Finance Company X LLC
3.25% due 12/15/514		15,150,000		10,453,328
Assured Guaranty US Holdings, Inc.
3.60% due 09/15/51		13,861,000		9,890,988
6.13% due 09/15/28		300,000		314,874
Penn Mutual Life Insurance Co.
3.80% due 04/29/614		14,970,000		10,048,089
Western & Southern Life Insurance Co.
3.75% due 04/28/614		13,360,000		9,316,028
Accident Fund Insurance Company of America
8.50% due 08/01/324		9,000,000		9,132,428
CBRE Services, Inc.
5.95% due 08/15/34		8,500,000		8,929,780
Aretec Group, Inc.
10.00% due 08/15/304		8,000,000		8,501,200
Five Corners Funding Trust III
5.79% due 02/15/334		7,550,000		8,017,462
Fidelity & Guaranty Life Holdings, Inc.
5.50% due 05/01/254		8,050,000		7,950,393
American Equity Investment Life Holding Co.
5.00% due 06/15/27		8,142,000		7,818,889
Kemper Corp.
2.40% due 09/30/30		10,006,000		7,750,073
Lincoln National Corp.
4.38% due 06/15/5012		8,489,000		6,684,796
CNO Global Funding
1.75% due 10/07/264		7,400,000		6,684,197
Mid-Atlantic Military Family Communities LLC
5.30% due 08/01/504		5,888,108		5,210,193
5.24% due 08/01/504		1,074,272		981,002
Cooperatieve Rabobank UA
4.66% due 08/22/283,4		6,200,000		6,105,556
Belvoir Land LLC
5.60% due 12/15/354		5,600,000		5,473,110
Deloitte LLP
7.33% due 11/20/26†††		4,800,000		5,010,912
Brookfield Finance LLC / Brookfield Finance, Inc.
3.45% due 04/15/50		6,852,000		4,770,979
Cushman & Wakefield US Borrower LLC
6.75% due 05/15/284		4,710,000		4,686,450
HS Wildcat LLC
3.83% due 12/31/50†††		4,976,283		3,730,520
Commonwealth Bank of Australia
3.61% due 09/12/343,4		3,550,000		3,167,025
Nationstar Mortgage Holdings, Inc.
5.00% due 02/01/264		2,780,000		2,718,723
Enstar Group Ltd.
3.10% due 09/01/31		1,670,000		1,361,857
4.95% due 06/01/29		1,250,000		1,218,320
KKR Group Finance Company III LLC
5.13% due 06/01/444		2,710,000		2,477,650
Goldman Sachs Group, Inc.
3.65% 3,11		2,450,000		2,172,585
Mitsubishi UFJ Financial Group, Inc.
4.08% due 04/19/283		1,580,000		1,536,315
5.72% due 02/20/263		500,000		502,139
American National Group LLC
6.14% due 06/13/324		2,000,000		1,918,884
Jackson Financial, Inc.
4.00% due 11/23/51		2,610,000		1,853,989
Lloyds Banking Group plc
3.51% due 03/18/263		1,580,000		1,543,020
5.87% due 03/06/293		300,000		307,264
Apollo Global Management, Inc.
6.38% due 11/15/33		1,640,000		1,766,467
Deutsche Bank AG NY
3.55% due 09/18/313		1,990,000		1,746,143
Ares Finance Company IV LLC
3.65% due 02/01/524		2,450,000		1,745,547
Transatlantic Holdings, Inc.
8.00% due 11/30/39		1,265,000		1,633,785
Danske Bank A/S
0.98% due 09/10/253,4		1,660,000		1,605,350
ING Groep N.V.
1.73% due 04/01/273		1,360,000		1,258,125
2.73% due 04/01/323		400,000		342,494
Brighthouse Financial Global Funding
1.00% due 04/12/244		1,620,000		1,596,722
Athene Global Funding
2.67% due 06/07/314		1,550,000		1,271,457
2.65% due 10/04/314		400,000		324,979
Jackson National Life Global Funding
1.75% due 01/12/254		1,650,000		1,581,777

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 21.8% (continued)
Financial -  11.0% (continued)
BNP Paribas S.A.
1.32% due 01/13/273,4		1,640,000	$	1,512,273
Iron Mountain Information Management Services, Inc.
5.00% due 07/15/324		1,617,000		1,481,136
Blackstone Holdings Finance Company LLC
3.20% due 01/30/524		2,150,000		1,479,665
Selective Insurance Group, Inc.
5.38% due 03/01/49		1,510,000		1,445,413
Mizuho Financial Group, Inc.
5.41% due 09/13/283		1,400,000		1,418,978
Fort Moore Family Communities LLC
6.09% due 01/15/514		1,565,145		1,394,796
F&G Global Funding
2.30% due 04/11/274		790,000		710,114
2.00% due 09/20/284		800,000		678,308
Fort Knox Military Housing Privatization Project
5.82% (1 Month Term SOFR + 0.45%) due 02/15/52◊,4		1,641,801		1,276,384
Midwest Family Housing LLC
5.58% due 01/01/514		1,279,453		1,139,139
Banco Santander S.A.
6.94% due 11/07/33		1,000,000		1,110,189
Credit Agricole S.A.
6.32% due 10/03/293,4		1,000,000		1,047,360
KKR Group Finance Company II LLC
5.50% due 02/01/434		1,000,000		956,279
Atlas Mara Ltd.
due 12/31/21†††,9,13		1,525,712		707,931
Atlantic Marine Corporations Communities LLC
5.37% due 12/01/504		737,388		662,250
Wells Fargo & Co.
2.41% due 10/30/253		600,000		583,659
Pacific Beacon LLC
5.51% due 07/15/364		500,000		484,910
Swiss Re Finance Luxembourg S.A.
5.00% due 04/02/493,4		300,000		286,500
Markel Group, Inc.
4.30% due 11/01/47		350,000		285,476
Pine Street Trust I
4.57% due 02/15/294		250,000		237,726
Peachtree Corners Funding Trust
3.98% due 02/15/254		215,000		211,423
Brown & Brown, Inc.
2.38% due 03/15/31		57,000		46,726
Total Financial				2,452,602,930
Consumer, Non-cyclical -  2.5%
CoStar Group, Inc.
2.80% due 07/15/304		90,310,000		76,757,990
Altria Group, Inc.
3.40% due 05/06/30		33,130,000		30,220,428
4.45% due 05/06/50		25,185,000		19,971,473
3.70% due 02/04/51		25,038,000		17,615,571
JBS USA LUX S.A. / JBS USA Food Company / JBS USA Finance, Inc.
3.00% due 05/15/32		29,206,000		23,778,392
5.50% due 01/15/30		12,550,000		12,333,843
4.38% due 02/02/52		12,630,000		9,402,328
5.13% due 02/01/28		2,250,000		2,237,515
Global Payments, Inc.
2.90% due 11/15/31		30,265,000		25,888,350
2.90% due 05/15/30		19,810,000		17,424,496
5.30% due 08/15/29		4,300,000		4,328,099
Smithfield Foods, Inc.
2.63% due 09/13/314		39,050,000		30,203,095
3.00% due 10/15/304		15,473,000		12,702,131
5.20% due 04/01/294		850,000		813,492
BAT Capital Corp.
3.98% due 09/25/50		41,652,000		29,313,851
Royalty Pharma plc
3.55% due 09/02/50		39,920,000		28,343,379
Triton Container International Ltd.
3.15% due 06/15/314		34,821,000		27,700,893
California Institute of Technology
3.65% due 09/01/19		32,078,000		22,844,529
Yale-New Haven Health Services Corp.
2.50% due 07/01/50		32,350,000		20,086,052
Element Fleet Management Corp.
6.32% due 12/04/284		18,830,000		19,447,000
Universal Health Services, Inc.
2.65% due 10/15/30		18,757,000		15,904,592
Catalent Pharma Solutions, Inc.
3.50% due 04/01/304		9,500,000		8,264,414
3.13% due 02/15/294		6,654,000		5,823,048
Kimberly-Clark de Mexico SAB de CV
2.43% due 07/01/314		15,323,000		13,153,243
Transurban Finance Company Pty Ltd.
due 03/16/314		14,400,000		11,985,577
WW International, Inc.
4.50% due 04/15/294		11,651,000		7,640,133
OhioHealth Corp.
3.04% due 11/15/50		9,100,000		6,647,716
HCA, Inc.
3.50% due 07/15/51		6,175,000		4,348,256
3.50% due 09/01/30		1,600,000		1,450,442
TriNet Group, Inc.
7.00% due 08/15/314		5,350,000		5,478,892
Children's Hospital Corp.
2.59% due 02/01/50		7,100,000		4,604,522
Tenet Healthcare Corp.
4.88% due 01/01/26		2,450,000		2,422,394
4.63% due 06/15/28		2,096,000		2,000,241
APi Group DE, Inc.
4.13% due 07/15/294		4,150,000		3,776,318
Central Garden & Pet Co.
4.13% due 04/30/314		3,854,000		3,406,053
Darling Ingredients, Inc.
6.00% due 06/15/304		3,394,000		3,396,511
Sotheby's/Bidfair Holdings, Inc.
5.88% due 06/01/294		3,900,000		3,372,953
Wisconsin Alumni Research Foundation
3.56% due 10/01/49		3,775,000		2,991,643
GTCR W-2 Merger Sub LLC
7.50% due 01/15/314		2,600,000		2,747,478
Providence St. Joseph Health Obligated Group
2.70% due 10/01/51		4,250,000		2,574,218
CPI CG, Inc.
8.63% due 03/15/264		2,145,000		2,069,925
Cardinal Health, Inc.
4.50% due 11/15/44		2,100,000		1,831,309
Beth Israel Lahey Health, Inc.
3.08% due 07/01/51		2,700,000		1,735,090
Quanta Services, Inc.
0.95% due 10/01/24		1,660,000		1,599,637
Molina Healthcare, Inc.
4.38% due 06/15/284		1,290,000		1,220,055
IQVIA, Inc.
5.70% due 05/15/284		1,000,000		1,018,560
Nestle Holdings, Inc.
0.38% due 01/15/244		1,000,000		998,304
UnitedHealth Group, Inc.
3.50% due 02/15/24		1,000,000		997,412
Wyeth LLC
6.45% due 02/01/24		978,000		978,348
Triton Container International Limited / TAL International Container Corp.
3.25% due 03/15/32		1,050,000		840,610

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 21.8% (continued)
Consumer, Non-cyclical -  2.5% (continued)
DaVita, Inc.
3.75% due 02/15/314		149,000	$	122,381
4.63% due 06/01/304		76,000		66,302
Total Consumer, Non-cyclical				556,879,484
Industrial -  1.9%
Level 3 Financing, Inc.
3.88% due 11/15/29		20,300,000		19,488,000
3.63% due 01/15/29		34,939,000		17,818,890
4.25% due 07/01/28		26,815,000		15,552,700
3.75% due 07/15/29		13,950,000		6,975,000
11.00% due 11/15/29†††		24,139,006		24
FLNG Liquefaction 3 LLC
3.08% due 06/30/39†††		63,623,395		49,948,819
Vontier Corp.
2.95% due 04/01/31		36,612,000		30,807,065
2.40% due 04/01/28		19,150,000		16,774,634
TD SYNNEX Corp.
2.65% due 08/09/31		34,240,000		27,659,036
2.38% due 08/09/28		21,781,000		18,792,398
Flowserve Corp.
3.50% due 10/01/30		22,421,000		19,805,622
2.80% due 01/15/32		19,800,000		16,355,149
Dyal Capital Partners IV
3.65% due 02/22/41†††		41,800,000		33,636,878
Cliffwater Corporate Lending Fund
6.77% due 08/04/28†††		22,700,000		22,772,867
Stadco LA, LLC
3.75% due 05/15/56†††		31,000,000		21,477,420
Owens Corning
3.88% due 06/01/30		16,909,000		15,860,790
7.00% due 12/01/36		900,000		1,032,300
Weir Group plc
2.20% due 05/13/264		13,015,000		12,099,753
TFI International, Inc.
3.35% due 01/05/33†††		14,000,000		11,650,240
Textron, Inc.
6.10% due 11/15/33		10,000,000		10,665,559
Artera Services LLC
9.03% due 12/04/254		8,490,000		8,031,625
Masonite International Corp.
3.50% due 02/15/304		8,760,000		7,593,343
Norfolk Southern Corp.
4.10% due 05/15/21		9,100,000		6,852,018
Hillenbrand, Inc.
3.75% due 03/01/31		7,650,000		6,623,152
Virgin Media Vendor Financing Notes III DAC
4.88% due 07/15/28	GBP	5,000,000		5,857,014
Fortune Brands Innovations, Inc.
5.88% due 06/01/33		4,200,000		4,387,950
4.50% due 03/25/52		1,500,000		1,258,550
TransDigm, Inc.
6.88% due 12/15/304		5,375,000		5,536,250
Mueller Water Products, Inc.
4.00% due 06/15/294		5,216,000		4,751,770
Trinity Industries, Inc.
7.75% due 07/15/284		3,250,000		3,357,513
GrafTech Global Enterprises, Inc.
9.88% due 12/15/284		3,100,000		2,390,875
Sealed Air Corp.
5.50% due 09/15/254		2,250,000		2,250,000
Jabil, Inc.
5.45% due 02/01/29		1,870,000		1,910,603
GATX Corp.
3.50% due 06/01/32		1,650,000		1,440,277
4.70% due 04/01/29		400,000		396,704
nVent Finance SARL
2.75% due 11/15/31		1,300,000		1,064,473
Ryder System, Inc.
6.30% due 12/01/28		1,000,000		1,060,267
Masco Corp.
4.50% due 05/15/47		1,200,000		1,032,899
Adevinta ASA
3.00% due 11/15/27	EUR	417,000		457,728
Virgin Media Inc.
4.00% due 01/31/29	GBP	150,000		168,996
Standard Industries, Inc.
4.38% due 07/15/304		101,000		92,757
3.38% due 01/15/314		81,000		69,682
Total Industrial				435,757,590
Consumer, Cyclical -  1.7%
Delta Air Lines, Inc.
7.00% due 05/01/254		46,883,000		47,699,333
Hyatt Hotels Corp.
5.75% due 04/23/30		24,039,000		24,837,780
5.38% due 04/23/25		18,928,000		18,948,998
Alt-2 Structured Trust
2.95% due 05/14/31◊,†††		47,775,922		43,174,623
Choice Hotels International, Inc.
3.70% due 01/15/31		39,961,000		34,448,391
Delta Air Lines, Inc. / SkyMiles IP Ltd.
4.50% due 10/20/254		30,142,000		29,684,012
4.75% due 10/20/284		3,800,000		3,737,256
Warnermedia Holdings, Inc.
5.14% due 03/15/52		23,743,000		20,379,940
6.41% due 03/15/26		9,250,000		9,256,286
Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd.
6.50% due 06/20/274		27,434,733		27,512,620
Ferguson Finance plc
3.25% due 06/02/304		17,904,000		16,011,120
4.65% due 04/20/324		6,300,000		6,087,260
British Airways Class A Pass Through Trust
2.90% due 03/15/354		14,242,803		12,171,881
4.25% due 11/15/324		4,851,586		4,516,774

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 21.8% (continued)
Consumer, Cyclical -  1.7% (continued)
American Airlines Class AA Pass Through Trust
3.35% due 10/15/29		7,890,651	$	7,118,858
3.20% due 06/15/28		4,991,300		4,542,297
3.00% due 10/15/28		3,586,383		3,234,750
3.15% due 02/15/32		149,876		131,029
Polaris, Inc.
6.95% due 03/15/29		13,000,000		13,827,890
Whirlpool Corp.
4.60% due 05/15/5012		13,326,000		11,226,778
Walgreens Boots Alliance, Inc.
4.10% due 04/15/50		15,203,000		11,040,002
Air Canada
3.88% due 08/15/264		8,650,000		8,264,122
United Airlines 2023-1 Class A Pass Through Trust
5.80% due 01/15/36		7,450,000		7,554,948
Caesars Entertainment, Inc.
6.25% due 07/01/254		4,550,000		4,562,372
LKQ Corp.
6.25% due 06/15/33		2,875,000		3,004,296
Beacon Roofing Supply, Inc.
6.50% due 08/01/304		1,925,000		1,968,259
United Airlines, Inc.
4.38% due 04/15/264		1,750,000		1,705,209
Brunswick Corp.
5.10% due 04/01/52		2,030,000		1,586,337
PulteGroup, Inc.
6.38% due 05/15/33		1,400,000		1,529,603
JB Poindexter & Company, Inc.
8.75% due 12/15/314		1,230,000		1,254,600
NVR, Inc.
3.00% due 05/15/30		1,200,000		1,069,119
Mattel, Inc.
3.75% due 04/01/294		1,100,000		1,004,733
Steelcase, Inc.
5.13% due 01/18/29		330,000		312,769
JetBlue Class A Pass Through Trust
4.00% due 11/15/32		120,553		110,358
Total Consumer, Cyclical				383,514,603
Energy -  1.5%
BP Capital Markets plc
4.88% 3,11		79,595,000		75,599,132
Venture Global LNG, Inc.
9.50% due 02/01/294		29,800,000		31,533,377
9.88% due 02/01/324		10,300,000		10,728,882
Galaxy Pipeline Assets Bidco Ltd.
3.25% due 09/30/404		43,921,000		34,374,567
ITT Holdings LLC
6.50% due 08/01/294		38,518,000		34,074,564
Targa Resources Corp.
6.50% due 03/30/34		15,800,000		17,052,458
6.50% due 02/15/53		1,000,000		1,080,686
Midwest Connector Capital Company LLC
4.63% due 04/01/294		16,048,000		15,450,241
ONEOK, Inc.
6.05% due 09/01/33		11,350,000		12,025,525
4.50% due 03/15/50		850,000		711,621
Greensaif Pipelines Bidco SARL
6.51% due 02/23/424		6,500,000		6,871,314
6.13% due 02/23/384		5,550,000		5,786,293
NuStar Logistics, LP
6.38% due 10/01/30		10,560,000		10,578,691
5.63% due 04/28/27		1,880,000		1,871,991
TransCanada PipeLines Ltd.
6.20% due 03/09/26		10,900,000		10,899,189
4.88% due 05/15/48		1,200,000		1,099,362
Viper Energy, Inc.
7.38% due 11/01/314		11,300,000		11,695,500
Kinetik Holdings, LP
6.63% due 12/15/284		9,625,000		9,806,056
Parkland Corp.
4.63% due 05/01/304		8,000,000		7,360,000
CQP Holdco Limited Partnership / BIP-V Chinook Holdco LLC
7.50% due 12/15/334		5,000,000		5,179,785
Kinder Morgan, Inc.
5.20% due 06/01/33		4,700,000		4,671,695
DT Midstream, Inc.
4.30% due 04/15/324		3,250,000		2,917,070
4.13% due 06/15/294		550,000		505,991
Magellan Midstream Partners, LP
3.95% due 03/01/50		1,600,000		1,222,394
5.15% due 10/15/43		1,100,000		1,024,575
Marathon Petroleum Corp.
6.50% due 03/01/41		1,650,000		1,772,288
Energy Transfer, LP
6.13% due 12/15/45		1,190,000		1,198,566
6.40% due 12/01/30		500,000		534,600
Valero Energy Corp.
7.50% due 04/15/32		1,350,000		1,552,525
Enterprise Products Operating LLC
5.10% due 02/15/45		1,340,000		1,314,906
Enbridge Energy Partners, LP
7.38% due 10/15/45		1,040,000		1,222,848
MPLX, LP
5.50% due 02/15/49		1,100,000		1,063,798
DCP Midstream Operating, LP
6.45% due 11/03/364		1,000,000		1,063,324

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 21.8% (continued)
Energy -  1.5% (continued)
Eastern Gas Transmission & Storage, Inc.
4.60% due 12/15/44		500,000	$	424,774
Total Energy				324,268,588
Communications -  1.0%
British Telecommunications plc
4.88% due 11/23/813,4		47,450,000		40,564,905
4.25% due 11/23/813,4		8,250,000		7,609,861
9.63% due 12/15/30		2,391,000		2,958,620
Vodafone Group plc
4.13% due 06/04/813		40,537,000		34,801,258
Paramount Global
5.90% due 10/15/40		20,648,000		18,666,361
4.90% due 08/15/44		6,518,000		5,129,535
5.25% due 04/01/44		5,731,000		4,589,973
4.85% due 07/01/42		4,496,000		3,607,048
4.60% due 01/15/45		2,403,000		1,827,408
Rogers Communications, Inc.
4.55% due 03/15/52		29,725,000		25,922,734
Virgin Media Secured Finance plc
4.50% due 08/15/304		17,850,000		15,891,855
Altice France S.A.
5.13% due 07/15/294		17,800,000		13,848,742
5.13% due 01/15/294		2,290,000		1,781,042
Charter Communications Operating LLC / Charter Communications Operating Capital
3.90% due 06/01/52		21,690,000		14,583,926
Sirius XM Radio, Inc.
4.13% due 07/01/304		12,010,000		10,701,841
Go Daddy Operating Company LLC / GD Finance Co., Inc.
3.50% due 03/01/294		8,203,000		7,429,431
Radiate Holdco LLC / Radiate Finance, Inc.
4.50% due 09/15/264		5,775,000		4,404,610
CSC Holdings LLC
4.13% due 12/01/304		5,772,000		4,391,049
Discovery Communications LLC
5.20% due 09/20/47		3,612,000		3,111,754
Outfront Media Capital LLC / Outfront Media Capital Corp.
7.38% due 02/15/314		1,450,000		1,522,703
McGraw-Hill Education, Inc.
5.75% due 08/01/284		1,549,000		1,493,623
Interpublic Group of Companies, Inc.
3.38% due 03/01/41		1,950,000		1,486,974
Koninklijke KPN N.V.
8.38% due 10/01/30		1,140,000		1,341,529
Match Group Holdings II LLC
4.13% due 08/01/304		1,250,000		1,134,258
Virgin Media Finance plc
5.00% due 07/15/304		1,050,000		925,745
Motorola Solutions, Inc.
5.50% due 09/01/44		360,000		357,568
UPC Broadband Finco BV
4.88% due 07/15/314		200,000		176,022
CCO Holdings LLC / CCO Holdings Capital Corp.
4.25% due 02/01/314		20,000		17,479
Total Communications				230,277,854
Technology -  1.0%
Broadcom, Inc.
4.93% due 05/15/374		33,182,000		32,111,229
3.19% due 11/15/364		3,135,000		2,540,461
2.60% due 02/15/334		1,660,000		1,367,590
Leidos, Inc.
2.30% due 02/15/31		20,050,000		16,781,935
5.75% due 03/15/33		9,550,000		9,958,530
4.38% due 05/15/30		2,650,000		2,537,068
Oracle Corp.
3.95% due 03/25/51		33,794,000		26,462,906
CDW LLC / CDW Finance Corp.
3.57% due 12/01/31		23,906,000		21,188,366
3.25% due 02/15/29		1,100,000		1,005,834
Qorvo, Inc.
4.38% due 10/15/29		14,751,000		13,995,011
3.38% due 04/01/314		8,675,000		7,422,041
MSCI, Inc.
3.63% due 09/01/304		17,718,000		16,031,145
3.88% due 02/15/314		1,769,000		1,616,301
3.63% due 11/01/314		1,780,000		1,566,647
Booz Allen Hamilton, Inc.
5.95% due 08/04/33		10,470,000		11,060,466
3.88% due 09/01/284		4,550,000		4,286,085
CGI, Inc.
2.30% due 09/14/31		16,050,000		13,122,175
Fiserv, Inc.
2.65% due 06/01/30		7,920,000		6,962,808
5.60% due 03/02/33		3,523,000		3,677,560
5.63% due 08/21/33		2,300,000		2,409,428
Cloud Software Group, Inc.
6.50% due 03/31/294		7,200,000		6,857,573
Foundry JV Holdco LLC
5.88% due 01/25/344		5,950,000		6,111,447
Microchip Technology, Inc.
0.97% due 02/15/24		1,650,000		1,640,142
Broadridge Financial Solutions, Inc.
2.90% due 12/01/29		1,200,000		1,075,130
NXP BV / NXP Funding LLC / NXP USA, Inc.
3.13% due 02/15/42		1,400,000		1,042,964

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
CORPORATE BONDS†† - 21.8% (continued)
Technology -  1.0% (continued)
Capstone Borrower, Inc.
8.00% due 06/15/304		550,000	$	572,198
Total Technology				213,403,040
Basic Materials -  0.7%
Anglo American Capital plc
5.63% due 04/01/304		21,300,000		21,619,159
2.63% due 09/10/304		18,000,000		15,312,233
3.95% due 09/10/504		14,140,000		10,737,732
International Flavors & Fragrances, Inc.
1.23% due 10/01/254		21,520,000		19,919,762
Minerals Technologies, Inc.
5.00% due 07/01/284		18,723,000		18,005,722
Alcoa Nederland Holding BV
4.13% due 03/31/294		8,600,000		7,974,897
5.50% due 12/15/274		6,525,000		6,359,455
6.13% due 05/15/284		2,800,000		2,816,120
Valvoline, Inc.
3.63% due 06/15/314		18,300,000		15,617,403
Yamana Gold, Inc.
2.63% due 08/15/31		14,431,000		12,164,505
4.63% due 12/15/27		3,000,000		2,897,563
INEOS Quattro Finance 2 plc
2.50% due 01/15/26	EUR	8,500,000		9,068,325
Steel Dynamics, Inc.
2.40% due 06/15/25		5,950,000		5,701,910
Axalta Coating Systems Dutch Holding B BV
7.25% due 02/15/314		2,000,000		2,097,466
Southern Copper Corp.
7.50% due 07/27/35		1,250,000		1,451,713
Carpenter Technology Corp.
6.38% due 07/15/28		178,000		177,332
Total Basic Materials				151,921,297
Utilities -  0.5%
AES Corp.
3.95% due 07/15/304		28,124,000		25,966,776
3.30% due 07/15/254		3,750,000		3,611,695
NRG Energy, Inc.
2.45% due 12/02/274		26,000,000		23,441,214
Enel Finance International N.V.
5.00% due 06/15/324		13,690,000		13,352,638
Brooklyn Union Gas Co.
6.39% due 09/15/334		10,800,000		11,274,369
4.27% due 03/15/484		1,300,000		1,009,589
Alexander Funding Trust II
7.47% due 07/31/284		6,560,000		6,888,243
Black Hills Corp.
5.95% due 03/15/28		5,050,000		5,230,974
4.20% due 09/15/46		1,200,000		958,339
Appalachian Power Co.
5.80% due 10/01/35		4,150,000		4,207,289
Constellation Energy Generation LLC
5.75% due 10/01/41		1,800,000		1,793,726
Entergy Texas, Inc.
1.50% due 09/01/26		1,650,000		1,484,621
Nevada Power Co.
6.65% due 04/01/36		1,180,000		1,298,483
Southern Power Co.
5.25% due 07/15/43		1,350,000		1,272,814
Consolidated Edison Company of New York, Inc.
5.10% due 06/15/33		1,080,000		1,063,585
Tampa Electric Co.
4.45% due 06/15/49		1,200,000		1,031,260
Duke Energy Ohio, Inc.
4.30% due 02/01/49		1,200,000		1,021,284
Washington Gas Light Co.
3.80% due 09/15/46		1,300,000		992,476
Arizona Public Service Co.
3.75% due 05/15/46		1,300,000		988,489
Louisville Gas and Electric Co.
4.25% due 04/01/49		1,100,000		930,334
Total Utilities				107,818,198
Total Corporate Bonds
(Cost $5,594,050,776)				4,856,443,584
U.S. GOVERNMENT SECURITIES†† - 20.0%
U.S. Treasury Notes
4.63% due 09/30/28		1,526,221,700		1,575,346,961
3.50% due 01/31/28		742,300,000		730,585,578
4.13% due 06/15/26		477,680,000		477,568,041
4.63% due 03/15/26		4,900,000		4,942,492
3.63% due 03/31/28		2,770,000		2,739,811
2.63% due 05/31/27		2,160,000		2,067,356
1.50% due 01/31/27		1,200,000		1,113,891
2.13% due 05/15/25		1,100,000		1,064,894
U.S. Treasury Bonds
due 05/15/536,14		2,171,040,000		688,909,767
due 02/15/466,14		355,975,000		139,790,165
due 05/15/446,14		303,295,000		127,993,496
due 11/15/516,14		275,000,000		90,026,871
due 11/15/446,14		70,890,000		29,280,310
2.88% due 08/15/45		4,380,000		3,531,717
4.13% due 08/15/53		1,100,000		1,111,859
4.50% due 05/15/38		600,000		637,547
United States Treasury Inflation Indexed Bonds
0.13% due 10/15/2515		212,491,776		204,318,514
0.13% due 04/15/2515		206,128,508		198,764,515
1.25% due 04/15/2815		57,544,575		56,041,518
1.38% due 07/15/3315		28,335,288		27,468,736
U.S. Treasury Strip Principal
due 02/15/516,14		280,000,000		93,416,977
Total U.S. Government Securities
(Cost $4,561,270,928)				4,456,721,016
SENIOR FLOATING RATE INTERESTS††,◊ - 2.8%
Consumer, Non-cyclical -  0.7%
Quirch Foods Holdings LLC
10.39% (3 Month Term SOFR + 4.75%, Rate Floor: 5.75%) due 10/27/27		28,596,858		28,543,382

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 2.8% (continued)
Consumer, Non-cyclical -  0.7% (continued)
PetIQ LLC
10.17% (6 Month Term SOFR + 4.25%, Rate Floor: 4.75%) due 04/13/28†††		27,625,684	$	27,349,427
Mission Veterinary Partners
9.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 04/27/28		18,868,114		18,691,320
Southern Veterinary Partners LLC
9.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 10/05/27		15,641,689		15,575,212
Nidda Healthcare Holding GmbH
7.46% (3 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 08/21/26	EUR	12,766,306		13,988,663
Women's Care Holdings, Inc.
10.05% (6 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 01/17/28		15,675,521		13,304,599
Blue Ribbon LLC
11.63% (3 Month Term SOFR + 6.00%, Rate Floor: 6.00%) due 05/08/28		13,179,375		11,350,737
Sigma Holding BV (Flora Food)
7.41% (6 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 07/02/25	EUR	8,155,561		8,985,976
Confluent Health LLC
9.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 11/30/28		8,465,393		8,296,085
HAH Group Holding Co. LLC
10.46% (1 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 10/29/27		4,477,036		4,429,489
Elanco Animal Health, Inc.
7.19% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 08/02/27		1,701,381		1,689,335
Total Consumer, Non-cyclical				152,204,225
Consumer, Cyclical -  0.6%
MB2 Dental Solutions LLC
11.46% (1 Month Term SOFR + 6.00%, Rate Floor: 7.00%) due 01/29/27†††		73,080,234		72,303,968
First Brands Group LLC
10.88% (6 Month Term SOFR + 5.00%, Rate Floor: 6.00%) due 03/30/27		14,700,754		14,563,008
Pacific Bells LLC
10.11% (3 Month Term SOFR + 4.50%, Rate Floor: 5.00%) due 11/10/28		13,895,487		13,812,948
BCP V Modular Services Holdings IV Ltd.
8.35% (3 Month EURIBOR + 4.43%, Rate Floor: 4.43%) due 12/15/28	EUR	11,600,000		12,208,821
Packers Holdings LLC
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 03/09/28		14,507,719		9,074,578
Adevinta ASA
6.43% (3 Month EURIBOR + 2.50%, Rate Floor: 2.50%) due 06/26/28	EUR	7,516,667		8,294,562
Flamingo
7.42% (3 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 03/27/28	EUR	7,554,688		7,835,152
New Trojan Parent, Inc.
8.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 01/06/28		13,698,750		3,551,949
WW International, Inc.
8.97% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 04/13/28		1,395,000		981,145

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 2.8% (continued)
Consumer, Cyclical -  0.6% (continued)
Rent-A-Center, Inc.
9.12% (6 Month Term SOFR + 3.25%, Rate Floor: 3.75%) due 02/17/28		463,670	$	463,090
Total Consumer, Cyclical				143,089,221
Financial -  0.5%
Higginbotham Insurance Agency, Inc.
10.96% (1 Month Term SOFR + 5.50%, Rate Floor: 5.50%) due 11/24/28†††		34,772,727		34,449,011
10.96% (1 Month Term SOFR + 5.50%, Rate Floor: 5.50%) due 11/25/28†††		10,284,019		10,188,281
Citadel Securities, LP
7.97% (1 Month Term SOFR + 2.61%, Rate Floor: 2.61%) due 07/29/30		22,401,089		22,429,091
HighTower Holding LLC
9.64% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 04/21/28		17,424,302		17,344,498
Jane Street Group LLC
8.22% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 01/26/28		15,577,740		15,621,046
Total Financial				100,031,927
Technology -  0.4%
Datix Bidco Ltd.
9.69% (6 Month GBP SONIA + 4.50%, Rate Floor: 4.50%) due 04/28/25†††	GBP	45,800,000		58,095,894
RLDatix
9.94% (6 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 04/28/25†††		19,781,561		19,682,653
Team.Blue Finco SARL
7.13% (3 Month EURIBOR + 3.20%, Rate Floor: 3.20%) due 03/30/28	EUR	6,973,856		7,460,162
Aston FinCo SARL
9.96% (1 Month GBP SONIA + 4.77%, Rate Floor: 4.77%) due 10/09/26	GBP	5,655,580		5,960,274
9.72% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 10/09/26		741,644		621,654
Iron Mountain Information Management Services, Inc.
due 01/31/31		5,525,000		5,521,574
Emerald TopCo, Inc. (Press Ganey)
8.97% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 07/24/26		455,686		450,217
Total Technology				97,792,428
Industrial -  0.3%
United Airlines, Inc.
9.22% (1 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 04/21/28		31,894,439		31,965,245
Mileage Plus Holdings LLC
10.77% (3 Month Term SOFR + 5.25%, Rate Floor: 5.25%) due 06/21/27		21,717,756		22,431,401
CapStone Acquisition Holdings, Inc.
10.21% (1 Month Term SOFR + 4.85%, Rate Floor: 5.85%) due 11/12/27†††		8,552,520		8,505,392
Air Canada
9.14% (3 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 08/11/28		4,353,008		4,359,799
Dispatch Terra Acquisition LLC
9.75% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 03/27/28		3,796,305		3,559,036
Merlin Buyer, Inc.
9.36% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 12/14/28		615,913		611,293
API Heat Transfer ThermaSys Corp.
13.64% (3 Month Term SOFR + 8.00%, Rate Floor: 8.00%) due 11/10/27†††		20,317		20,317
10.64% (3 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 11/10/27†††		11,759		11,759
Total Industrial				71,464,242
Basic Materials -  0.2%
INEOS Ltd.
6.59% (1 Month EURIBOR + 2.75%, Rate Floor: 2.75%) due 01/29/26	EUR	31,200,000		34,476,758

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
SENIOR FLOATING RATE INTERESTS††,◊ - 2.8% (continued)
Basic Materials -  0.2% (continued)
Trinseo Materials Operating S.C.A.
8.15% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 05/03/28		10,850,250	$	8,437,263
Arsenal AIC Parent LLC
9.86% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 08/19/30		997,500		1,000,303
Total Basic Materials				43,914,324
Energy -  0.1%
ITT Holdings LLC
8.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/05/30		8,379,000		8,403,467
Venture Global Calcasieu Pass LLC
8.08% (1 Month Term SOFR + 2.73%, Rate Floor: 2.73%) due 08/19/26†††		6,371,023		6,355,095
Total Energy				14,758,562
Communications -  0.0%
Xplornet Communications, Inc.
9.61% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 10/02/28		5,951,715		3,536,628
Radiate Holdco LLC
8.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 09/25/26		2,416,427		1,926,158
Zayo Group Holdings, Inc.
8.47% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 03/09/27		1,652,094		1,414,226
Total Communications				6,877,012
Total Senior Floating Rate Interests
(Cost $667,764,198)				630,131,941
FEDERAL AGENCY BONDS†† - 1.0%
Tennessee Valley Authority
4.25% due 09/15/65		138,205,000		126,657,281
4.63% due 09/15/60		42,436,000		41,739,880
5.38% due 04/01/56		9,283,000		10,285,805
due 09/15/537,14		1,612,000		370,820
due 09/15/557,14		1,612,000		334,848
due 09/15/567,14		1,612,000		317,640
due 03/15/577,14		1,612,000		309,847
due 09/15/577,14		1,612,000		302,248
due 09/15/587,14		1,612,000		286,630
due 03/15/597,14		1,612,000		279,585
due 09/15/597,14		1,612,000		272,715
due 09/15/607,14		1,612,000		259,474
due 09/15/547,14		1,020,000		222,645
due 03/15/617,14		1,020,000		160,149
due 09/15/617,14		1,020,000		156,213
due 09/15/627,14		1,020,000		148,629
due 03/15/637,14		1,020,000		144,977
due 09/15/637,14		1,020,000		141,413
due 09/15/647,14		1,020,000		134,548
due 03/15/657,14		1,020,000		131,241
due 09/15/657,14		1,020,000		128,016
Tennessee Valley Authority Principal Strips
due 01/15/486,14		38,804,000		11,982,326
due 12/15/426,14		23,785,000		9,434,106
due 01/15/3814		15,800,000		8,120,236
due 09/15/656,14		3,500,000		439,271
due 09/15/396,14		570,000		266,564
due 04/01/566,14		540,000		109,183
Federal Farm Credit Bank
3.00% due 03/08/32		4,100,000		3,677,397
2.04% due 12/22/45		2,170,000		1,309,897
3.11% due 08/05/48		1,500,000		1,118,781
2.43% due 01/29/37		720,000		574,129
2.90% due 12/09/41		720,000		537,800
2.84% due 06/01/46		720,000		502,009
1.99% due 07/30/40		300,000		199,333
2.60% due 09/06/39		250,000		187,570
2.59% due 12/30/41		180,000		127,316
2.74% due 11/01/39		144,000		110,174
2.59% due 08/24/46		140,000		93,107
3.67% due 02/26/44		70,000		58,740
Freddie Mac
2.05% due 08/19/50		2,010,000		1,136,024
2.02% due 10/05/45		720,000		431,295
2.25% due 09/15/50		360,000		212,637
Federal Home Loan Bank
6.15% due 07/12/33		650,000		650,036
2.45% due 08/16/41		540,000		377,268
3.63% due 06/22/43		350,000		294,832
Total Federal Agency Bonds
(Cost $327,030,829)				224,734,635
MUNICIPAL BONDS†† - 0.3%
California -  0.2%
California Statewide Communities Development Authority Revenue Bonds
7.14% due 08/15/47		10,500,000		11,435,080
California Public Finance Authority Revenue Bonds
3.07% due 10/15/40		8,000,000		6,025,295
2.55% due 01/01/40		3,600,000		2,614,393
California State University Revenue Bonds
2.98% due 11/01/51		5,000,000		3,556,608
Oakland Redevelopment Agency Successor Agency Tax Allocation
4.00% due 09/01/39		1,100,000		956,759

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount~		Value
MUNICIPAL BONDS†† - 0.3% (continued)
California -  0.2% (continued)
Hillsborough City School District General Obligation Unlimited
due 09/01/3714		1,000,000	$	493,344
due 09/01/3914		1,000,000		438,501
Total California				25,519,980
Illinois -  0.0%
State of Illinois General Obligation Unlimited
5.65% due 12/01/38		4,875,000		4,885,265
6.63% due 02/01/35		1,680,000		1,768,194
City of Chicago Illinois General Obligation Unlimited
6.31% due 01/01/44		4,500,000		4,698,816
Total Illinois				11,352,275
Mississippi -  0.1%
Medical Center Educational Building Corp. Revenue Bonds
2.92% due 06/01/41		11,800,000		8,868,047
Texas -  0.0%
Central Texas Turnpike System Revenue Bonds
3.03% due 08/15/41		3,150,000		2,365,272
Central Texas Regional Mobility Authority Revenue Bonds
3.17% due 01/01/41		3,000,000		2,302,259
Tarrant County Cultural Education Facilities Finance Corp. Revenue Bonds
3.42% due 09/01/50		2,500,000		1,787,847
Harris County Cultural Education Facilities Finance Corp. Revenue Bonds
3.34% due 11/15/37		1,500,000		1,238,543
Grand Parkway Transportation Corp. Revenue Bonds
3.31% due 10/01/49		1,000,000		758,702
Total Texas				8,452,623
Alabama -  0.0%
Auburn University Revenue Bonds
2.68% due 06/01/50		6,500,000		4,268,511
Ohio -  0.0%
County of Franklin Ohio Revenue Bonds
2.88% due 11/01/50		4,000,000		2,756,866
Washington -  0.0%
Central Washington University Revenue Bonds
6.95% due 05/01/40		1,750,000		1,977,445
Arizona -  0.0%
Northern Arizona University Revenue Bonds
3.09% due 08/01/39		2,350,000		1,868,003
Oklahoma -  0.0%
Tulsa Airports Improvement Trust Revenue Bonds
3.10% due 06/01/45		1,000,000		733,408
Oklahoma Development Finance Authority Revenue Bonds
4.65% due 08/15/30		450,000		421,263
Total Oklahoma				1,154,671
Idaho -  0.0%
Boise State University Revenue Bonds
3.06% due 04/01/40		250,000		199,151
Total Municipal Bonds
(Cost $81,675,587)				66,417,572
FOREIGN GOVERNMENT DEBT†† - 0.1%
Panama Government International Bond
4.50% due 04/16/50		22,700,000		15,712,015
Total Foreign Government Debt
(Cost $25,368,606)				15,712,015
SENIOR FIXED RATE INTERESTS††† - 0.0%
Industrial -  0.0%
CTL Logistics
2.65% due 10/10/42		6,794,687		5,501,046
Total Senior Fixed Rate Interests
(Cost $6,794,687)				5,501,046

		Notional Value
OTC OPTIONS PURCHASED†† - 0.0%
Call Options on:
Interest Rate Options
Morgan Stanley Capital Services LLC 10Y-2Y SOFR CMS CAP Expiring June 2024 with strike price of $0.10	USD	510,300,000		748,110
Barclays Bank plc 10Y-2Y SOFR CMS CAP Expiring June 2024 with strike price of $0.10	USD	506,250,000		742,173
Bank of America, N.A. 10Y-2Y SOFR CMS CAP Expiring June 2024 with strike price of $0.10	USD	253,750,000		372,003
Goldman Sachs International 10Y-2Y SOFR CMS CAP Expiring June 2024 with strike price of $0.10	USD	207,200,000		303,759
Total Interest Rate Options				2,166,045
Total OTC Options Purchased
(Cost $6,668,548)				2,166,045
Total Investments - 99.9%
(Cost $23,911,523,964)			$	22,286,571,623
Other Assets & Liabilities, net - 0.1%				25,394,839
Total Net Assets - 100.0%			$	22,311,966,462

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

Futures Contracts      

Description	Number of Contracts		Expiration Date	Notional Amount		Value and Unrealized Appreciation**
Interest Rate Futures Contracts Purchased†
3-Month SOFR Futures Contracts		8,747	Jun 2025	$	2,111,744,475	$	15,980,813

Centrally Cleared Credit Default Swap Agreements Protection Purchased^††      

Counterparty	Exchange	Index	Protection Premium Rate			Payment Frequency	Maturity Date		Notional Amount~		Value			Upfront Premiums Paid (Received)			Unrealized Depreciation**
BofA Securities, Inc.	ICE	ITRAXX.EUR.38.V1		1.00	%	Quarterly	12/20/27	EUR		216,100,000	$	(4,903,690	)	$	(1,589,016	)	$	(3,314,674	)
BofA Securities, Inc.	ICE	CDX.NA.HY.41.V2		5.00	%	Quarterly	12/20/28			140,481,000		(8,194,658	)		517,849			(8,712,507	)
											$	(13,098,348	)	$	(1,071,167	)	$	(12,027,181	)

Centrally Cleared Interest Rate Swap Agreements^††    

Counterparty	Exchange	Floating Rate Type	Floating Rate Index	Fixed Rate			Payment Frequency	Maturity Date	Notional Amount		Value			Upfront Premiums Paid		Unrealized Appreciation (Depreciation)**
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.48	%	Annually	11/02/33	$	1,096,000,000	$	90,868,418		$	8,892	$	90,859,526
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.35	%	Annually	10/03/28		800,000,000		28,435,344			3,706		28,431,638
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.51	%	Annually	10/11/28		566,740,000		24,164,337			2,719		24,161,618
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.99	%	Annually	10/11/25		1,337,210,000		18,018,102			3,226		18,014,876
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.50	%	Annually	11/02/30		250,000,000		15,189,990			1,757		15,188,233
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		3.59	%	Annually	01/02/28		660,000,000		(4,764,309	)		3,263		(4,767,572	)
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		3.40	%	Annually	04/04/28		900,000,000		(6,004,791	)		3,694		(6,008,485	)
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		2.78	%	Annually	07/18/27		1,803,000,000		(51,571,029	)		5,913		(51,576,942	)
											$	114,336,062		$	33,170	$	114,302,892

Total Return Swap Agreements          

Counterparty

Index

Type

Financing Rate

Payment Frequency

Maturity Date

Units

Notional Amount

Value and Unrealized Appreciation (Depreciation)

OTC Credit Index Swap Agreements Sold Short††

JPMorgan Chase Bank, N.A.

iShares iBoxx $ Investment Grade Corporate Bond ETF

Receive

4.53% (Federal Funds Rate - 0.80%)

At Maturity

01/06/25

289,705

$

32,058,755

$

(1,153,026

)

OTC Equity Index Swap Agreements††

JPMorgan Chase Bank, N.A.

Vanguard Intermediate-Term Corporate Bond ETF

Pay

5.18% (Federal Funds Rate - 0.15%)

At Maturity

01/04/24

357,786

29,080,846

915,932

Bank of America, N.A.

Vanguard Short-Term Corporate Bond ETF

Pay

5.78% (Federal Funds Rate + 0.45%)

At Maturity

01/06/25

357,786

27,681,903

359,575

$

56,762,749

$

1,275,507

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

Forward Foreign Currency Exchange Contracts^††    

Counterparty	Currency	Type	Quantity		Contract Amount	Settlement Date	Unrealized Depreciation
Barclays Bank plc	GBP	Sell		55,700,000	69,989,445 USD	01/17/24	$	(1,025,846	)
Barclays Bank plc	EUR	Sell		162,060,000	175,196,098 USD	01/17/24		(3,868,259	)
							$	(4,894,105	)

~	The face amount is denominated in U.S. dollars unless otherwise indicated.
*	Non-income producing security.
**	Includes cumulative appreciation (depreciation).
†	Value determined based on Level 1 inputs, unless otherwise noted — See Note 3.
††	Value determined based on Level 2 inputs, unless otherwise noted — See Note 3.
†††	Value determined based on Level 3 inputs — See Note 3.
◊	Variable rate security. Rate indicated is the rate effective at December 31, 2023. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.
1	Affiliated issuer.
2	Special Purpose Acquisition Company (SPAC).
3	Security has a fixed rate coupon which will convert to a floating or variable rate coupon on a future date.
4	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) securities is $8,357,042,206 (cost $9,001,261,789), or 37.5% of total net assets.
5	Rate indicated is the 7-day yield as of December 31, 2023.
6	Security is a principal-only strip.
7	Security is an interest-only strip.
8	Security is a step up/down bond. The coupon increases or decreases at regular intervals until the bond reaches full maturity. Rate indicated is the rate at December 31, 2023. See table below for additional step information for each security.
9	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be illiquid and restricted under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) illiquid and restricted securities is $149,390,621 (cost $155,553,633), or 0.7% of total net assets — See Note 6.
10	Security has no stated coupon. However, it is expected to receive residual cash flow payments on defined deal dates.
11	Perpetual maturity.
12	All or a portion of this security has been physically segregated or earmarked in connection with reverse repurchase agreements. At December 31, 2023, the total market value of segregated or earmarked securities was $17,911,574. — see Note 2.
13	Security is in default of interest and/or principal obligations.
14 15	Zero coupon rate security. Face amount of security is adjusted for inflation.

BofA — Bank of America

CDX.NA.HY.41.V2 — Credit Default Swap North American High Yield Series 41 Index Version 2

CME — Chicago Mercantile Exchange

CMS — Constant Maturity Swap

CMT — Constant Maturity Treasury

EUR — Euro

EURIBOR — European Interbank Offered Rate

GBP — British Pound

ICE — Intercontinental Exchange

ITRAXX.EUR.38.V1 — iTraxx Europe Series 38 Index Version 1

LIBOR — London Interbank Offered Rate

plc — Public Limited Company

REMIC — Real Estate Mortgage Investment Conduit

REIT — Real Estate Investment Trust

SARL —  Société à Responsabilité Limitée

SOFR — Secured Overnight Financing Rate

SONIA — Sterling Overnight Index Average

WAC — Weighted Average Coupon

See Sector Classification in Other Information section.

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments):

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	149,396	$	—	$	45,760	$	195,156
Preferred Stocks		10,306,391		609,082,830		47,579,287		666,968,508
Warrants		10,687		—		103		10,790
Mutual Funds		197,860,661		—		—		197,860,661
Money Market Funds		533,063,589		—		—		533,063,589
Collateralized Mortgage Obligations		—		5,563,234,901		56,753,691		5,619,988,592
Asset-Backed Securities		—		4,371,981,593		638,674,880		5,010,656,473
Corporate Bonds		—		4,522,966,740		333,476,844		4,856,443,584
U.S. Government Securities		—		4,456,721,016		—		4,456,721,016
Senior Floating Rate Interests		—		393,170,144		236,961,797		630,131,941
Federal Agency Bonds		—		224,734,635		—		224,734,635
Municipal Bonds		—		66,417,572		—		66,417,572
Foreign Government Debt		—		15,712,015		—		15,712,015
Senior Fixed Rate Interests		—		—		5,501,046		5,501,046
Options Purchased		—		2,166,045		—		2,166,045
Interest Rate Futures Contracts**		15,980,813		—		—		15,980,813
Interest Rate Swap Agreements**		—		176,655,891		—		176,655,891
Equity Index Swap Agreements**		—		1,275,507		—		1,275,507
Total Assets	$	757,371,537	$	20,404,118,889	$	1,318,993,408	$	22,480,483,834

Investments in Securities (Liabilities)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Credit Default Swap Agreements**	$	—	$	12,027,181	$	—	$	12,027,181
Interest Rate Swap Agreements**		—		62,352,999		—		62,352,999
Credit Index Swap Agreements**		—		1,153,026		—		1,153,026
Forward Foreign Currency Exchange Contracts**		—		4,894,105		—		4,894,105
Unfunded Loan Commitments (Note 5)		—		—		48,133		48,133
Total Liabilities	$	—	$	80,427,311	$	48,133	$	80,475,444

** This derivative is reported as unrealized appreciation/depreciation at period end.

The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial statement purposes. As of the period end, reverse repurchase agreements of $4,260,632  are categorized as Level 2 within the disclosure hierarchy — See Note 2.

The following is a summary of significant unobservable inputs used in the fair valuation of assets and liabilities categorized within Level 3 of the fair value hierarchy:

Category	Ending Balance at December 31, 2023		Valuation Technique	Unobservable Inputs	Input Range		Weighted Average*
Assets:
Asset-Backed Securities	$	333,119,583	Option adjusted spread off prior month end broker quote	Broker Quote		—		—
Asset-Backed Securities		235,039,295	Yield Analysis	Yield		4.1%-8.1%		6.5%
Asset-Backed Securities		52,100,546	Third Party Pricing	Broker Quote		—		—
Asset-Backed Securities		12,650,000	Third Party Pricing	Trade Price		—		—
Asset-Backed Securities		5,765,456	Model Price	Purchase Price		—		—
Collateralized Mortgage Obligations		56,753,691	Option adjusted spread off prior month end broker quote	Broker Quote		—		—
Common Stocks		44,829	Enterprise Value	Valuation Multiple		2.9x-7.9x		5.0x
Common Stocks		931	Model Price	Liquidation Value		—		—
Corporate Bonds		255,494,266	Option adjusted spread off prior month end broker quote	Broker Quote		—		—
Corporate Bonds		77,274,623	Yield Analysis	Yield		5.9%-6.7%		6.4%
Corporate Bonds		707,955	Model Price	Purchase Price		—		—
Preferred Stocks		46,876,390	Yield Analysis	Yield		6.8%		—
Preferred Stocks		702,897	Enterprise Value	Valuation Multiple		5.1x		—
Senior Fixed Rate Interests		5,501,046	Option adjusted spread off prior month end broker quote	Broker Quote		—		—
Senior Floating Rate Interests		203,225,199	Yield Analysis	Yield		10.2%-11.8%		11.0%
Senior Floating Rate Interests		33,704,522	Third Party Pricing	Broker Quote		—		—
Senior Floating Rate Interests		32,076	Model Price	Purchase Price		—		—
Warrants		103	Model Price	Liquidation Value		—		—
Total Assets	$	1,318,993,408
Liabilities:
Unfunded Loan Commitments	$	48,133	Model Price	Purchase Price		—		—

* Inputs are weighted by the fair value of the instruments.

Significant changes in quote, yield, liquidation value or valuation multiple would generally result in significant changes in the fair value of the security.

The Fund’s fair valuation leveling guidelines classify a single daily broker quote, or a vendor price based on a single daily or monthly broker quote, as Level 3, if such a quote or price cannot be supported with other available market information.

Transfers between Level 2 and Level 3 may occur as markets fluctuate and/or the availability of data used in an investment’s valuation changes. For the period ended December 31, 2023, the Fund had securities with a total value of $6,355,095 transfer into Level 3 from Level 2 due to a lack of observable inputs and had securities with a total value of $54,760,103 transfer out of Level 3 into Level 2 due to the availability of current and reliable market-based data provided by a third-party pricing service which utilizes significant observable inputs.

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

Summary of Fair Value Level 3 Activity

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value for the period ended December 31, 2023:

	Assets																											Liabilities
	Asset-Backed Securities			Collateralized Mortgage Obligations			Corporate Bonds			Senior Floating Rate Interests			Warrants			Common Stocks			Preferred Stocks			Senior Fixed Rate Interests			Total Assets			Unfunded Loan Commitments
Beginning Balance	$	567,198,526		$	94,495,909		$	316,972,375		$	216,787,942		$	104		$	2,503		$	47,610,124		$	4,997,084		$	1,248,064,567		$	(151,690	)
Purchases/(Receipts)		88,443,657			-			-			10,240,522			-			-			-			-			98,684,179			-
(Sales, maturities and paydowns)/Fundings		(15,210,162	)		(825,925	)		(1,424,065	)		(434,357	)		-			-			-			(55,274	)		(17,949,783	)		103,097
Amortization of premiums/discounts		138,499			4,609			93,673			165,745			-			-			-			-			402,526			154,802
Corporate actions		-			-			-			(42,623	)		-			49,860			(7,237	)		-			-			-
Total realized gains (losses) included in earnings		113,124			(10,955	)		(602,100	)		1,921			-			(20,873	)		-			-			(518,883	)		(103,071	)
Total change in unrealized appreciation (depreciation) included in earnings		11,162,307			4,679,085			18,436,961			3,887,552			(1	)		14,270			(23,600	)		559,236			38,715,810			(51,271	)
Transfers into Level 3		-			-			-			6,355,095			-			-			-			-			6,355,095			-
Transfers out of Level 3		(13,171,071	)		(41,589,032	)		-			-			-			-			-			-			(54,760,103	)		-
Ending Balance	$	638,674,880		$	56,753,691		$	333,476,844		$	236,961,797		$	103		$	45,760		$	47,579,287		$	5,501,046		$	1,318,993,408		$	(48,133	)
Net change in unrealized appreciation (depreciation) for investments in Level 3 securities still held at December 31, 2023	$	10,627,928		$	3,857,073		$	18,436,961		$	3,882,207		$	(1	)	$	(6,596	)	$	(26,728	)	$	559,236		$	37,330,080		$	(48,133	)

Step Coupon Bonds

The following table discloses additional information related to step coupon bonds held by the Fund. Certain securities are subject to multiple rate changes prior to maturity. For those securities, a range of rates and corresponding dates have been provided. Rates for all step coupon bonds held by the Fund are scheduled to increase, none are scheduled to decrease.

Name	Coupon Rate at Next Reset Date			Next Rate Reset Date	Future Reset Rate			Future Reset Date
Angel Oak Mortgage Trust 2023-2, 4.65% due 10/25/67		5.65	%	02/01/27		—			—
Angel Oak Mortgage Trust 2023-2, 4.65% due 10/25/67		5.65	%	02/01/27		—			—
Angel Oak Mortgage Trust 2023-1, 4.75% due 09/26/67		5.75	%	01/01/27		—			—
Angel Oak Mortgage Trust 2023-1, 4.75% due 09/26/67		5.75	%	01/01/27		—			—
BRAVO Residential Funding Trust 2022-R1, 3.13% due 01/29/70		6.13	%	01/30/25		—			—
BRAVO Residential Funding Trust 2021-C, 1.62% due 03/01/61		4.62	%	09/25/24		5.62	%		09/25/25
BRAVO Residential Funding Trust 2023-NQM6, 7.06% due 09/25/63		8.06	%	08/01/27		—			—
BRAVO Residential Funding Trust 2023-NQM5, 7.01% due 06/25/63		8.01	%	07/01/27		—			—
BRAVO Residential Funding Trust 2023-NQM2, 4.50% due 05/25/62		5.50	%	02/01/27		—			—
BRAVO Residential Funding Trust 2023-NQM2, 4.50% due 05/25/62		5.50	%	02/01/27		—			—
BRAVO Residential Funding Trust 2023-NQM2, 4.50% due 05/25/62		5.50	%	02/01/27		—			—
Citigroup Mortgage Loan Trust 2022-A, 6.17% due 09/25/62		9.17	%	09/25/25		10.17%			09/25/26
COLT Mortgage Loan Trust 2023-4, 7.62% due 10/25/68		8.62	%	10/01/27		—			—
COLT Mortgage Loan Trust 2023-3, 7.18% due 09/25/68		8.18	%	09/01/27		—			—
COLT Mortgage Loan Trust 2023-3, 7.58% due 09/25/68		8.58	%	09/01/27		—			—
GCAT Trust 2023-NQM2, 6.24% due 11/25/67		7.24	%	01/01/27		—			—
GCAT Trust 2022-NQM5, 5.71% due 08/25/67		6.71	%	10/01/26		—			—
GCAT Trust 2022-NQM5, 5.71% due 08/25/67		6.71	%	10/01/26		—			—
Legacy Mortgage Asset Trust 2021-GS3, 1.75% due 07/25/61		4.75	%	05/25/24		5.75	%		05/25/25
Legacy Mortgage Asset Trust 2021-GS5, 2.25% due 07/25/67		5.25	%	11/25/24		6.25	%		11/25/25
Legacy Mortgage Asset Trust 2021-GS2, 1.75% due 04/25/61		4.75	%	04/25/24		5.75	%		04/25/25
NYMT Loan Trust 2022-SP1, 5.25% due 07/25/62		8.25	%	07/01/25		9.25	%		07/01/26
OBX Trust 2023-NQM9, 7.66% due 10/25/63		8.66	%	10/01/27		—			—
OBX Trust 2022-NQM9, 6.45% due 09/25/62		7.45	%	11/01/26		—			—
OBX Trust 2022-NQM8, 6.10% due 09/25/62		7.10	%	10/01/26		—			—
OBX Trust 2023-NQM2, 6.72% due 01/25/62		7.72	%	02/01/27		—			—
OBX Trust 2023-NQM2, 6.32% due 01/25/62		7.32	%	02/01/27		—			—
OSAT Trust 2021-RPL1, 2.12% due 05/25/65		5.12	%	06/25/24		6.12	%		06/25/25
PRPM LLC 2022-1, 3.72% due 02/25/27		6.72	%	02/25/25		7.72	%		02/25/26
PRPM LLC 2021-5, 1.79% due 06/25/26		4.79	%	06/25/24		5.79	%		06/25/25
PRPM LLC 2023-RCF1, 4.00% due 06/25/53		5.00	%	06/25/27		—			—
Verus Securitization Trust 2022-8, 6.13% due 09/25/67		7.13	%	10/01/26		—			—
Verus Securitization Trust 2022-8, 6.13% due 09/25/67		7.13	%	10/01/26		—			—
Verus Securitization Trust 2023-7, 7.42% due 10/25/68		8.42	%	10/01/27		—			—

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

Affiliated Transactions

Investments representing 5% or more of the outstanding voting shares of a company, or control of or by, or common control under Guggenheim Investments ("GI"), result in that company being considered an affiliated issuer, as defined in the 1940 Act.

The Fund may invest in certain of the underlying series of Guggenheim Strategy Funds Trust, including Guggenheim Strategy Fund II and Guggenheim Strategy Fund III, (collectively, the “Short Term Investment Vehicles”), each of which are open-end management investment companies managed by GI. The Short Term Investment Vehicles, which launched on March 11, 2014, are offered as short term investment options only to mutual funds, trusts, and other accounts managed by GI and/or its affiliates, and are not available to the public. The Short Term Investment Vehicles pay no investment management fees. The Short Term Investment Vehicles' annual report on Form N-CSR dated September 30, 2023, is available publicly or upon request. This information is available from the EDGAR database on the SEC's website at https://www.sec.gov/Archives/edgar/data/1601445/000182126823000217/gug86449-ncsr.htm. The Fund may invest in certain of the underlying series of Guggenheim Funds Trust, which are open-end management investment companies managed by GI, are available to the public and whose most recent annual report on Form N-CSR is available publicly or upon request.

Transactions during the period ended December 31, 2023, in which the company is an affiliated issuer, were as follows:

Security Name	Value 09/30/23		Additions		Reductions		Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Value 12/31/23		Shares 12/31/23		Investment Income
Common Stock
BP Holdco LLC*	$	683	$	–	$	–	$	–	$	(38	)	$	645		532	$	–
Mutual Funds
Guggenheim Limited Duration Fund — R6-Class		120,393,598		1,645,416		–		–		2,417,730			124,456,744		5,172,766		1,646,548
Guggenheim Strategy Fund II		28,409,135		403,040		–		–		271,430			29,083,605		1,187,086		402,536
Guggenheim Strategy Fund III		15,326,528		208,819		–		–		165,259			15,700,606		639,536		208,334
Guggenheim Ultra Short Duration Fund — Institutional Class		27,908,179		422,756		–		–		288,771			28,619,706		2,905,554		422,215
	$	192,038,123	$	2,680,031	$	–	$	–	$	3,143,152		$	197,861,306			$	2,679,633

* Non-income producing security.

Ultra Short Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
MONEY MARKET FUNDS† - 2.0%
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 5.25%1		10,279,540	$	10,279,540
Dreyfus Treasury Obligations Cash Management Fund — Institutional Shares, 5.25%1		26,368		26,368
Total Money Market Funds
(Cost $10,305,908)				10,305,908

		Face Amount
ASSET-BACKED SECURITIES†† - 36.6%
Collateralized Loan Obligations -  29.7%
Lake Shore MM CLO III LLC
2021-2A A1R, 7.14% (3 Month Term SOFR + 1.74%, Rate Floor: 1.48%) due 10/17/31◊,2	$	11,350,000	11,321,628
BXMT Ltd.
2020-FL2 A, 6.38% (1 Month Term SOFR + 1.01%, Rate Floor: 1.01%) due 02/15/38◊,2		3,389,126	3,228,142
2020-FL2 AS, 6.63% (1 Month Term SOFR + 1.26%, Rate Floor: 1.26%) due 02/15/38◊,2		2,550,000	2,340,163
2020-FL3 AS, 7.23% (1 Month Term SOFR + 1.86%, Rate Floor: 1.86%) due 11/15/37◊,2		2,500,000	2,334,556
HERA Commercial Mortgage Ltd.
2021-FL1 AS, 6.77% (1 Month Term SOFR + 1.41%, Rate Floor: 1.30%) due 02/18/38◊,2		5,000,000	4,809,924
2021-FL1 A, 6.52% (1 Month Term SOFR + 1.16%, Rate Floor: 1.05%) due 02/18/38◊,2		3,154,971	3,044,339
ABPCI Direct Lending Fund CLO V Ltd.
2021-5A A1R, 7.18% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 04/20/31◊,2		7,556,505	7,481,619
Palmer Square Loan Funding Ltd.
2021-2A B, 7.03% (3 Month Term SOFR + 1.66%, Rate Floor: 1.66%) due 05/20/29◊,2		4,500,000	4,497,740
2021-1A A1, 6.58% (3 Month Term SOFR + 1.16%, Rate Floor: 1.16%) due 04/20/29◊,2		1,346,378	1,344,607
2022-1A A2, 6.99% (3 Month Term SOFR + 1.60%, Rate Floor: 1.60%) due 04/15/30◊,2		1,000,000	987,566
Golub Capital Partners CLO 49M Ltd.
2021-49A AR, 7.21% (3 Month Term SOFR + 1.79%, Rate Floor: 1.79%) due 08/26/33◊,2		6,250,000	6,193,391
ABPCI Direct Lending Fund IX LLC
2021-9A A1R, 7.05% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 11/18/31◊,2		5,700,000	5,632,285
ABPCI Direct Lending Fund CLO VII, LP
2021-7A A1R, 7.08% (3 Month Term SOFR + 1.69%, Rate Floor: 1.43%) due 10/20/31◊,2		5,500,000	5,443,071
FS Rialto
2021-FL3 B, 7.27% (1 Month Term SOFR + 1.91%, Rate Floor: 1.91%) due 11/16/36◊,2		5,500,000	5,275,464
LCCM Trust
2021-FL3 A, 6.93% (1 Month Term SOFR + 1.56%, Rate Floor: 1.56%) due 11/15/38◊,2		4,100,000	4,041,621
2021-FL2 B, 7.38% (1 Month Term SOFR + 2.01%, Rate Floor: 2.01%) due 12/13/38◊,2		1,000,000	950,179
Cerberus Loan Funding XXXV, LP
2021-5A A, 7.16% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 09/22/33◊,2		5,000,000	4,985,903
Golub Capital Partners CLO 54M, LP
2021-54A A, 7.18% (3 Month Term SOFR + 1.79%, Rate Floor: 1.53%) due 08/05/33◊,2		4,750,000	4,707,090
CIFC Funding Ltd.
2018-3A AR, 6.53% (3 Month Term SOFR + 1.13%, Rate Floor: 0.00%) due 04/19/29◊,2		4,659,827	4,652,095
Carlyle Global Market Strategies CLO Ltd.
2018-4A A1RR, 6.66% (3 Month Term SOFR + 1.26%, Rate Floor: 1.00%) due 01/15/31◊,2		4,544,640	4,547,447

Ultra Short Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount		Value
ASSET-BACKED SECURITIES†† - 36.6% (continued)
Collateralized Loan Obligations -  29.7% (continued)
Owl Rock CLO IV Ltd.
2021-4A A1R, 7.23% (3 Month Term SOFR + 1.86%, Rate Floor: 1.60%) due 08/20/33◊,2	$	4,500,000	$	4,434,313
Golub Capital Partners CLO 16 Ltd.
2021-16A A1R2, 7.25% (3 Month Term SOFR + 1.87%, Rate Floor: 1.61%) due 07/25/33◊,2		4,250,000		4,235,779
BRSP Ltd.
2021-FL1 B, 7.37% (1 Month Term SOFR + 2.01%, Rate Floor: 1.90%) due 08/19/38◊,2		4,250,000		4,053,193
Madison Park Funding XLVIII Ltd.
2021-48A B, 7.11% (3 Month Term SOFR + 1.71%, Rate Floor: 1.71%) due 04/19/33◊,2		4,000,000		3,975,738
Parliament CLO II Ltd.
2021-2A A, 6.98% (3 Month Term SOFR + 1.61%, Rate Floor: 1.35%) due 08/20/32◊,2		3,944,527		3,904,203
LCM XXIV Ltd.
2021-24A AR, 6.66% (3 Month Term SOFR + 1.24%, Rate Floor: 0.98%) due 03/20/30◊,2		3,674,866		3,673,779
Golub Capital Partners CLO 33M Ltd.
2021-33A AR2, 7.50% (3 Month Term SOFR + 2.12%, Rate Floor: 1.86%) due 08/25/33◊,2		3,750,000		3,610,824
Cerberus Loan Funding XXX, LP
2020-3A A, 7.51% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 01/15/33◊,2		3,000,000		2,987,955
ABPCI Direct Lending Fund CLO II LLC
2021-1A A1R, 7.28% (3 Month Term SOFR + 1.86%, Rate Floor: 1.60%) due 04/20/32◊,2		3,000,000		2,976,002
BDS Ltd.
2021-FL8 C, 7.02% (1 Month Term SOFR + 1.66%, Rate Floor: 1.55%) due 01/18/36◊,2		2,000,000		1,931,532
2021-FL8 D, 7.37% (1 Month Term SOFR + 2.01%, Rate Floor: 1.90%) due 01/18/36◊,2		1,000,000		963,722
Woodmont Trust
2020-7A A1A, 7.56% (3 Month Term SOFR + 2.16%, Rate Floor: 1.90%) due 01/15/32◊,2		2,750,000		2,738,570
Cerberus Loan Funding XXXII, LP
2021-2A A, 7.28% (3 Month Term SOFR + 1.88%, Rate Floor: 1.88%) due 04/22/33◊,2		2,500,000		2,476,065
THL Credit Lake Shore MM CLO I Ltd.
2021-1A A1R, 7.36% (3 Month Term SOFR + 1.96%, Rate Floor: 1.70%) due 04/15/33◊,2		2,250,000		2,231,798
ABPCI Direct Lending Fund CLO I LLC
2021-1A A1A2, 7.38% (3 Month Term SOFR + 1.96%, Rate Floor: 1.96%) due 07/20/33◊,2		2,250,000		2,228,509
Cerberus Loan Funding XXXIII, LP
2021-3A A, 7.22% (3 Month Term SOFR + 1.82%, Rate Floor: 1.56%) due 07/23/33◊,2		2,250,000		2,227,453
Madison Park Funding LIII Ltd.
2022-53A B, 7.16% (3 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 04/21/35◊,2		1,750,000		1,729,062
MidOcean Credit CLO VII
2020-7A A1R, 6.70% (3 Month Term SOFR + 1.30%, Rate Floor: 0.00%) due 07/15/29◊,2		1,601,790		1,599,555
Fortress Credit Opportunities XI CLO Ltd.
2018-11A A1T, 6.96% (3 Month Term SOFR + 1.56%, Rate Floor: 0.00%) due 04/15/31◊,2		1,562,036		1,555,893
Allegro CLO IX Ltd.
2018-3A A, 6.82% (3 Month Term SOFR + 1.43%, Rate Floor: 1.17%) due 10/16/31◊,2		1,500,000		1,499,583
Cerberus Loan Funding XXXI, LP
2021-1A A, 7.16% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 04/15/32◊,2		1,477,193		1,473,883

Ultra Short Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount		Value
ASSET-BACKED SECURITIES†† - 36.6% (continued)
Collateralized Loan Obligations -  29.7% (continued)
BCC Middle Market CLO LLC
2021-1A A1R, 7.16% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 10/15/33◊,2	$	1,250,000	$	1,235,869
CHCP Ltd.
2021-FL1 A, 6.52% (1 Month Term SOFR + 1.16%, Rate Floor: 1.05%) due 02/15/38◊,2		1,159,034		1,140,711
Greystone Commercial Real Estate Notes
2021-FL3 B, 7.13% (1 Month Term SOFR + 1.76%, Rate Floor: 1.65%) due 07/15/39◊,2		1,000,000		955,678
STWD Ltd.
2021-FL2 B, 7.27% (1 Month Term SOFR + 1.91%, Rate Floor: 1.80%) due 04/18/38◊,2		1,000,000		916,588
ACRE Commercial Mortgage Ltd.
2021-FL4 AS, 6.57% (1 Month Term SOFR + 1.21%, Rate Floor: 1.10%) due 12/18/37◊,2		850,000		835,790
Wellfleet CLO Ltd.
2020-2A A1R, 6.74% (3 Month Term SOFR + 1.32%, Rate Floor: 0.00%) due 10/20/29◊,2		690,795		690,934
Cerberus Loan Funding XXXVI, LP
2021-6A A, 7.06% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 11/22/33◊,2		585,560		585,287
Fortress Credit Opportunities VI CLO Ltd.
2018-6A A2R, 7.27% (3 Month Term SOFR + 1.86%, Rate Floor: 0.00%) due 07/10/30◊,2		250,000		247,305
2018-6A A1TR, 7.03% (3 Month Term SOFR + 1.62%, Rate Floor: 0.00%) due 07/10/30◊,2		152,474		151,394
Venture XIV CLO Ltd.
2020-14A ARR, 6.68% (3 Month Term SOFR + 1.29%, Rate Floor: 1.03%) due 08/28/29◊,2		320,604		320,477
Golub Capital Partners CLO 17 Ltd.
2017-17A A1R, 7.29% (3 Month Term SOFR + 1.91%, Rate Floor: 0.00%) due 10/25/30◊,2		259,242		259,270
Total Collateralized Loan Obligations				151,665,544
Whole Business -  1.8%
Domino's Pizza Master Issuer LLC
2018-1A, 4.33% due 07/25/482		4,265,500		4,108,274
Taco Bell Funding LLC
2021-1A, 1.95% due 08/25/512		3,193,125		2,861,695
Wingstop Funding LLC
2020-1A, 2.84% due 12/05/502		1,329,750		1,195,816
SERVPRO Master Issuer LLC
2019-1A, 3.88% due 10/25/492		960,000		901,744
Total Whole Business				9,067,529
Transport-Container -  1.7%
Triton Container Finance VIII LLC
2021-1A, 1.86% due 03/20/462		5,555,313		4,838,607
CLI Funding VIII LLC
2021-1A, 1.64% due 02/18/462		2,294,577		2,023,644
Textainer Marine Containers VII Ltd.
2021-1A, 1.68% due 02/20/462		1,624,000		1,423,401
2020-1A, 2.73% due 08/21/452		565,487		527,682
Total Transport-Container				8,813,334
Net Lease -  1.5%
Oak Street Investment Grade Net Lease Fund Series
2020-1A, 1.85% due 11/20/502		6,394,047		5,802,013
CF Hippolyta Issuer LLC
2021-1A, 1.98% due 03/15/612		2,120,507		1,798,458
Total Net Lease				7,600,471
Financial -  1.0%
Madison Avenue Secured Funding Trust
2023-1, 7.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 03/04/24◊,†††,2		2,450,000		2,450,000

Ultra Short Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount		Value
ASSET-BACKED SECURITIES†† - 36.6% (continued)
Financial -  1.0% (continued)
2023-2, 7.21% (1 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 10/15/24◊,†††,2	$	1,800,000	$	1,800,000
Station Place Securitization Trust
2023-SP1, 7.21% (1 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 10/15/24◊,†††,2		900,000		900,000
Total Financial				5,150,000
Transport-Aircraft -  0.9%
Raspro Trust
2005-1A, 6.18% (3 Month Term SOFR + 1.19%, Rate Floor: 0.93%) due 03/23/24◊,2		4,727,726		4,706,829
Total Asset-Backed Securities
(Cost $192,481,104)				187,003,707
CORPORATE BONDS†† - 22.1%
Financial -  11.3%
Athene Global Funding
5.91% (SOFR Compounded Index + 0.56%) due 08/19/24◊,2		11,000,000		10,956,341
F&G Global Funding
0.90% due 09/20/242		9,700,000		9,336,864
Credit Suisse AG NY
5.74% (SOFR Compounded Index + 0.39%) due 02/02/24◊		5,250,000		5,248,058
Macquarie Group Ltd.
1.20% due 10/14/252,3		5,250,000		5,065,406
Goldman Sachs Group, Inc.
6.05% (SOFR + 0.70%) due 01/24/25◊		2,600,000		2,598,625
Citigroup, Inc.
6.05% (SOFR + 0.69%) due 01/25/26◊		2,550,000		2,534,829
Starwood Property Trust, Inc.
3.75% due 12/31/242		2,550,000		2,502,009
Jackson National Life Global Funding
1.75% due 01/12/252		2,600,000		2,492,497
Morgan Stanley Bank North America
5.88% due 10/30/26		2,400,000		2,467,743
Rocket Mortgage LLC / Rocket Mortgage Company-Issuer, Inc.
2.88% due 10/15/262		2,650,000		2,444,625
Bank of Nova Scotia
6.31% (SOFR Compounded Index + 0.96%) due 03/11/24◊		2,400,000		2,401,949
FS KKR Capital Corp.
4.25% due 02/14/252		2,450,000		2,385,203
American Equity Investment Life Holding Co.
5.00% due 06/15/27		2,150,000		2,064,678
GA Global Funding Trust
1.63% due 01/15/262		1,300,000		1,196,389
OneMain Finance Corp.
3.50% due 01/15/27		1,150,000		1,064,261
Brighthouse Financial Global Funding
6.11% (SOFR + 0.76%) due 04/12/24◊,2		900,000		898,155
Peachtree Corners Funding Trust
3.98% due 02/15/252		650,000		639,186
First American Financial Corp.
4.60% due 11/15/24		500,000		494,643
Fidelity & Guaranty Life Holdings, Inc.
5.50% due 05/01/252		400,000		395,050
Apollo Management Holdings, LP
4.00% due 05/30/242		350,000		347,238
Total Financial				57,533,749
Industrial -  3.8%
Ryder System, Inc.
3.35% due 09/01/25		4,820,000		4,678,479
IP Lending V Ltd.
5.13% due 04/02/26†††,2		4,700,000		4,551,245
TD SYNNEX Corp.
1.25% due 08/09/24		2,400,000		2,338,895
Silgan Holdings, Inc.
1.40% due 04/01/262		2,350,000		2,145,621
Vontier Corp.
1.80% due 04/01/26		2,150,000		1,977,360
Jabil, Inc.
1.70% due 04/15/26		650,000		601,991
4.25% due 05/15/27		600,000		584,406
Berry Global, Inc.
1.65% due 01/15/27		1,100,000		990,359
Penske Truck Leasing Company LP / PTL Finance Corp.
2.70% due 11/01/242		900,000		875,284
Stericycle, Inc.
5.38% due 07/15/242		550,000		547,250
Weir Group plc
2.20% due 05/13/262		440,000		409,058
Total Industrial				19,699,948
Consumer, Non-cyclical -  2.7%
Global Payments, Inc.
1.50% due 11/15/24		5,700,000		5,495,997
Element Fleet Management Corp.
1.60% due 04/06/242		4,900,000		4,837,541

Ultra Short Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount		Value
CORPORATE BONDS†† - 22.1% (continued)
Consumer, Non-cyclical -  2.7% (continued)
Triton Container International Ltd.
2.05% due 04/15/262	$	2,200,000	$	2,011,975
1.15% due 06/07/242		1,700,000		1,658,745
Total Consumer, Non-cyclical				14,004,258
Consumer, Cyclical -  1.8%
Warnermedia Holdings, Inc.
3.64% due 03/15/25		5,700,000		5,576,307
Hyatt Hotels Corp.
1.80% due 10/01/24		3,500,000		3,395,844
Total Consumer, Cyclical				8,972,151
Technology -  1.2%
CDW LLC / CDW Finance Corp.
2.67% due 12/01/26		4,300,000		4,023,596
Qorvo, Inc.
1.75% due 12/15/24		2,050,000		1,966,879
Total Technology				5,990,475
Communications -  1.0%
Rogers Communications, Inc.
2.95% due 03/15/25		2,400,000		2,328,488
T-Mobile USA, Inc.
2.63% due 04/15/26		1,600,000		1,521,818
2.25% due 02/15/26		600,000		568,548
Cogent Communications Group, Inc.
3.50% due 05/01/262		434,000		415,497
Sprint Spectrum Company LLC / Sprint Spectrum Co II LLC / Sprint Spectrum Co III LLC
4.74% due 03/20/252		281,250		278,813
Total Communications				5,113,164
Basic Materials -  0.2%
International Flavors & Fragrances, Inc.
1.23% due 10/01/252		540,000		499,845
Anglo American Capital plc
5.38% due 04/01/252		450,000		447,720
Total Basic Materials				947,565
Utilities -  0.1%
AES Corp.
3.30% due 07/15/252		300,000		288,936
NRG Energy, Inc.
3.75% due 06/15/242		275,000		271,803
Total Utilities				560,739
Total Corporate Bonds
(Cost $116,773,395)				112,822,049
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 20.7%
Residential Mortgage-Backed Securities -  15.9%
CSMC Trust
2021-RPL1, 1.67% (WAC) due 09/27/60◊,2		4,922,282		4,778,157
2021-RPL7, 1.93% (WAC) due 07/27/61◊,2		2,141,147		2,047,801
2020-RPL5, 3.02% (WAC) due 08/25/60◊,2		1,816,898		1,838,819
2021-RPL4, 1.80% (WAC) due 12/27/60◊,2		1,250,395		1,215,307
2020-NQM1, 1.21% due 05/25/652,4		991,041		899,229
BRAVO Residential Funding Trust
2021-C, 1.62% due 03/01/612,4		7,259,015		6,758,145
2022-R1, 3.13% due 01/29/702,4		2,839,663		2,652,300
2021-HE1, 6.19% (30 Day Average SOFR + 0.85%, Rate Floor: 0.00%) due 01/25/70◊,2		717,215		713,156
2021-HE2, 6.19% (30 Day Average SOFR + 0.85%, Rate Floor: 0.00%) due 11/25/69◊,2		322,405		318,406
PRPM LLC
2021-5, 1.79% due 06/25/262,4		3,227,835		3,144,070
2022-1, 3.72% due 02/25/272,4		3,078,224		2,968,196
2021-RPL2, 2.24% (WAC) due 10/25/51◊,2		2,000,000		1,646,093
2021-8, 1.74% (WAC) due 09/25/26◊,2		1,610,466		1,551,003
NYMT Loan Trust
2021-SP1, 1.67% due 08/25/612,4		7,194,505		6,808,841
2022-SP1, 5.25% due 07/25/622,4		1,766,873		1,714,807
Legacy Mortgage Asset Trust
2021-GS4, 1.65% due 11/25/602,4		3,064,421		2,914,446
2021-GS3, 1.75% due 07/25/612,4		2,985,105		2,870,799
2021-GS2, 1.75% due 04/25/612,4		1,383,578		1,335,716
2021-GS5, 2.25% due 07/25/672,4		920,097		888,290
Verus Securitization Trust
2021-5, 1.37% (WAC) due 09/25/66◊,2		1,995,862		1,639,257
2021-6, 1.89% (WAC) due 10/25/66◊,2		1,763,547		1,440,205
2020-5, 1.22% due 05/25/652,4		1,411,536		1,303,713
2021-4, 1.35% (WAC) due 07/25/66◊,2		966,667		762,476
2021-3, 1.44% (WAC) due 06/25/66◊,2		574,020		476,044
2019-4, 3.85% due 11/25/592		383,455		371,851
2020-1, 2.42% due 01/25/602,4		287,567		274,515
2019-4, 3.64% due 11/25/592		190,041		184,078

Ultra Short Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 20.7% (continued)
Residential Mortgage-Backed Securities -  15.9% (continued)
OSAT Trust
2021-RPL1, 2.12% due 05/25/652,4	$	6,384,963	$	6,211,031
Imperial Fund Mortgage Trust
2022-NQM2, 4.02% (WAC) due 03/25/67◊,2		4,155,895		3,774,084
Towd Point Revolving Trust
4.83% due 09/25/645		3,250,000		3,209,375
CFMT LLC
2022-HB9, 3.25% (WAC) due 09/25/37◊		2,262,017		2,082,470
Structured Asset Securities Corporation Mortgage Loan Trust
2008-BC4, 6.10% (1 Month Term SOFR + 0.74%, Rate Floor: 0.63%) due 11/25/37◊		1,802,456		1,714,199
New Residential Mortgage Loan Trust
2019-1A, 3.50% (WAC) due 10/25/59◊,2		1,030,610		962,380
2018-2A, 3.50% (WAC) due 02/25/58◊,2		596,550		555,643
CSMC
2021-NQM8, 2.41% (WAC) due 10/25/66◊,2		1,545,155		1,267,017
LSTAR Securities Investment Ltd.
2021-1, 8.26% (1 Month Term SOFR + 2.91%, Rate Floor: 1.80%) due 02/01/26◊,5		1,289,652		1,264,457
Angel Oak Mortgage Trust
2022-1, 3.29% (WAC) due 12/25/66◊,2		1,418,287		1,217,664
Soundview Home Loan Trust
2006-OPT5, 5.75% (1 Month Term SOFR + 0.39%, Rate Floor: 0.28%) due 07/25/36◊		1,114,856		1,052,360
Credit Suisse Mortgage Capital Certificates
2021-RPL9, 2.44% (WAC) due 02/25/61◊,2		806,620		773,911
Towd Point Mortgage Trust
2018-2, 3.25% (WAC) due 03/25/58◊,2		364,364		352,961
2017-6, 2.75% (WAC) due 10/25/57◊,2		319,376		305,648
2017-5, 6.07% (1 Month Term SOFR + 0.71%, Rate Floor: 0.00%) due 02/25/57◊,2		92,783		93,706
Ellington Financial Mortgage Trust
2020-2, 1.49% (WAC) due 10/25/65◊,2		347,666		305,961
2020-2, 1.64% (WAC) due 10/25/65◊,2		200,269		178,977
Argent Securities Incorporated Asset-Backed Pass-Through Certificates Series
2005-W2, 6.21% (1 Month Term SOFR + 0.85%, Rate Floor: 0.74%) due 10/25/35◊		451,832		439,355
Morgan Stanley ABS Capital I Incorporated Trust
2006-NC1, 6.04% (1 Month Term SOFR + 0.68%, Rate Floor: 0.57%) due 12/25/35◊		443,223		436,749
SG Residential Mortgage Trust
2022-1, 3.68% (WAC) due 03/27/62◊,2		441,924		390,654
Banc of America Funding Trust
2015-R2, 5.73% (1 Month Term SOFR + 0.37%, Rate Floor: 0.26%) due 04/29/37◊,2		363,456		358,165
Residential Mortgage Loan Trust
2020-1, 2.38% (WAC) due 01/26/60◊,2		324,022		308,711
GS Mortgage-Backed Securities Trust
2020-NQM1, 1.38% (WAC) due 09/27/60◊,2		314,552		286,332
CSMC Series
2014-2R, 2.14% (1 Month Term SOFR + 0.31%, Rate Floor: 0.20%) due 02/27/46◊,2		112,196		111,726
Cascade Funding Mortgage Trust
2019-RM3, 2.80% (WAC) due 06/25/69◊,5		80,682		78,631
Starwood Mortgage Residential Trust
2020-1, 2.28% (WAC) due 02/25/50◊,2		47,371		43,903
Total Residential Mortgage-Backed Securities				81,291,790
Commercial Mortgage-Backed Securities -  4.8%
BX Commercial Mortgage Trust
2021-VOLT, 7.13% (1 Month Term SOFR + 1.76%, Rate Floor: 1.65%) due 09/15/36◊,2		10,250,000		9,851,062

Ultra Short Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Face Amount		Value
COLLATERALIZED MORTGAGE OBLIGATIONS†† - 20.7% (continued)
Commercial Mortgage-Backed Securities -  4.8% (continued)
2022-LP2, 6.92% (1 Month Term SOFR + 1.56%, Rate Floor: 1.56%) due 02/15/39◊,2	$	2,146,684	$	2,084,734
Life Mortgage Trust
2021-BMR, 6.58% (1 Month Term SOFR + 1.21%, Rate Floor: 1.10%) due 03/15/38◊,2		2,408,277		2,332,595
JP Morgan Chase Commercial Mortgage Securities Trust
2021-NYAH, 7.02% (1 Month Term SOFR + 1.65%, Rate Floor: 1.54%) due 06/15/38◊,2		2,700,000		2,313,408
WMRK Commercial Mortgage Trust
2022-WMRK, 8.80% (1 Month Term SOFR + 3.44%, Rate Floor: 3.44%) due 11/15/27◊,2		2,100,000		2,097,350
BXHPP Trust
2021-FILM, 6.58% (1 Month Term SOFR + 1.21%, Rate Floor: 1.10%) due 08/15/36◊,2		1,500,000		1,344,437
MHP
2022-MHIL, 6.63% (1 Month Term SOFR + 1.26%, Rate Floor: 1.26%) due 01/15/27◊,2		1,367,421		1,333,959
Morgan Stanley Capital I Trust
2018-H3, 0.80% (WAC) due 07/15/51◊,6		38,699,577		1,071,452
Citigroup Commercial Mortgage Trust
2019-GC41, 1.04% (WAC) due 08/10/56◊,6		24,530,235		927,088
BENCHMARK Mortgage Trust
2019-B14, 0.77% (WAC) due 12/15/62◊,6		34,360,354		913,680
JPMDB Commercial Mortgage Securities Trust
2018-C8, 0.61% (WAC) due 06/15/51◊,6		21,186,804		396,373
Total Commercial Mortgage-Backed Securities				24,666,138
Total Collateralized Mortgage Obligations
(Cost $112,753,238)				105,957,928
FEDERAL AGENCY DISCOUNT NOTES†† - 17.8%
Federal Home Loan Bank
5.20% due 01/02/247		91,250,000		91,236,586
Total Federal Agency Discount Notes
(Cost $91,236,819)				91,236,586
SENIOR FLOATING RATE INTERESTS††,◊ - 0.4%
Industrial -  0.3%
Mileage Plus Holdings LLC
10.77% (3 Month Term SOFR + 5.25%, Rate Floor: 5.25%) due 06/21/27		1,540,000		1,590,605
Consumer, Non-cyclical -  0.1%
Outcomes Group Holdings, Inc.
8.90% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/24/25		292,809		292,662
Total Senior Floating Rate Interests
(Cost $1,888,004)				1,883,267
Total Investments - 99.6%
(Cost $525,438,468)			$	509,209,445
Other Assets & Liabilities, net - 0.4%				1,858,688
Total Net Assets - 100.0%			$	511,068,133

Centrally Cleared Interest Rate Swap Agreements^††    

Counterparty

Exchange

Floating Rate Type

Floating Rate Index

Fixed Rate

Payment Frequency

Maturity Date

Notional Amount

Value

Upfront Premiums Paid

Unrealized Appreciation**

BofA Securities, Inc.

CME

Receive

U.S. Secured Overnight Financing Rate

1.10

%

Annually

01/10/25

$

61,000,000

$

2,225,231

$

98

$

2,225,133

**	Includes cumulative appreciation (depreciation).
†	Value determined based on Level 1 inputs — See Note 3.
††	Value determined based on Level 2 inputs, unless otherwise noted — See Note 3.
†††	Value determined based on Level 3 inputs — See Note 3.

Ultra Short Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

◊	Variable rate security. Rate indicated is the rate effective at December 31, 2023. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.
1	Rate indicated is the 7-day yield as of December 31, 2023.
2	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) securities is $337,273,742 (cost $350,694,366), or 66.0% of total net assets.
3	Security has a fixed rate coupon which will convert to a floating or variable rate coupon on a future date.
4	Security is a step up/down bond. The coupon increases or decreases at regular intervals until the bond reaches full maturity. Rate indicated is the rate at December 31, 2023. See table below for additional step information for each security.
5	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be illiquid and restricted under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) illiquid and restricted securities is $4,552,463 (cost $4,620,323), or 0.9% of total net assets — See Note 6.
6	Security is an interest-only strip.
7	Rate indicated is the effective yield at the time of purchase.

BofA — Bank of America

CME — Chicago Mercantile Exchange

plc — Public Limited Company

SOFR — Secured Overnight Financing Rate

WAC — Weighted Average Coupon

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments): 

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Money Market Funds	$	10,305,908	$	—	$	—	$	10,305,908
Asset-Backed Securities		—		181,853,707		5,150,000		187,003,707
Corporate Bonds		—		108,270,804		4,551,245		112,822,049
Collateralized Mortgage Obligations		—		105,957,928		—		105,957,928
Federal Agency Discount Notes		—		91,236,586		—		91,236,586
Senior Floating Rate Interests		—		1,883,267		—		1,883,267
Interest Rate Swap Agreements**		—		2,225,133		—		2,225,133
Total Assets	$	10,305,908	$	491,427,425	$	9,701,245	$	511,434,578

** This derivative is reported as unrealized appreciation/depreciation at period end.

The following is a summary of significant unobservable inputs used in the fair valuation of assets and liabilities categorized within Level 3 of the fair value hierarchy:

Category	Ending Balance at December 31, 2023		Valuation Technique	Unobservable Inputs	Input Range		Weighted Average
Assets:
Asset-Backed Securities	$	4,250,000	Third Party Pricing	Broker Quote		—		—
Asset-Backed Securities		900,000	Third Party Pricing	Trade Price		—		—
Corporate Bonds		4,551,245	Third Party Pricing	Broker Quote		—		—
Total Assets	$	9,701,245

Significant changes in a quote would generally result in significant changes in the fair value of the security.

The Fund’s fair valuation leveling guidelines classify a single daily broker quote, or a vendor price based on a single daily or monthly broker quote, as Level 3, if such a quote or price cannot be supported with other available market information.

Transfers between Level 2 and Level 3 may occur as markets fluctuate and/or the availability of data used in an investment’s valuation changes. For the period ended December 31, 2023, the Fund had no securities transfer between Level 2 and Level 3.

Ultra Short Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

Summary of Fair Value Level 3 Activity

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value for the period ended December 31, 2023:

	Assets
		Asset-Backed Securities			Corporate Bonds		Total Assets
Beginning Balance	$	10,600,000		$	4,371,000	$	14,971,000
Purchases/(Receipts)		2,700,000			-		2,700,000
(Sales, maturities and paydowns)/Fundings		(8,150,000	)		-		(8,150,000	)
Amortization of premiums/discounts		-			-		-
Total realized gains (losses) included in earnings		-			-		-
Total change in unrealized appreciation (depreciation) included in earnings		-			180,245		180,245
Transfers into Level 3		-			-		-
Transfers out of Level 3		-			-		-
Ending Balance	$	5,150,000		$	4,551,245	$	9,701,245
Net change in unrealized appreciation (depreciation) for investments in Level 3 securities still held at December 31, 2023	$	-		$	180,245	$	180,245

Step Coupon Bonds

The following table discloses additional information related to step coupon bonds held by the Fund. Certain securities are subject to multiple rate changes prior to maturity. For those securities, a range of rates and corresponding dates have been provided. Rates for all step coupon bonds held by the Fund are scheduled to increase, none are scheduled to decrease.

Name	Coupon Rate at Next Reset Date			Next Rate Reset Date	Future Reset Rate			Future Reset Date
BRAVO Residential Funding Trust 2022-R1, 3.13% due 01/29/70		6.13	%	01/30/25		—			—
BRAVO Residential Funding Trust 2021-C, 1.62% due 03/01/61		4.62	%	09/25/24		5.62	%		09/25/25
CSMC Trust 2020-NQM1, 1.21% due 05/25/65		2.21	%	09/26/24		—			—
Legacy Mortgage Asset Trust 2021-GS3, 1.75% due 07/25/61		4.75	%	05/25/24		5.75	%		05/25/25
Legacy Mortgage Asset Trust 2021-GS4, 1.65% due 11/25/60		4.65	%	08/25/24		5.65	%		08/25/25
Legacy Mortgage Asset Trust 2021-GS5, 2.25% due 07/25/67		5.25	%	11/25/24		6.25	%		11/25/25
Legacy Mortgage Asset Trust 2021-GS2, 1.75% due 04/25/61		4.75	%	04/25/24		5.75	%		04/25/25
NYMT Loan Trust 2021-SP1, 1.67% due 08/25/61		4.67	%	08/01/24		5.67	%		08/01/25
NYMT Loan Trust 2022-SP1, 5.25% due 07/25/62		8.25	%	07/01/25		9.25	%		07/01/26
OSAT Trust 2021-RPL1, 2.12% due 05/25/65		5.12	%	06/25/24		6.12	%		06/25/25
PRPM LLC 2022-1, 3.72% due 02/25/27		6.72	%	02/25/25		7.72	%		02/25/26
PRPM LLC 2021-5, 1.79% due 06/25/26		4.79	%	06/25/24		5.79	%		06/25/25
Verus Securitization Trust 2020-1, 2.42% due 01/25/60		3.42	%	01/26/24		—			—
Verus Securitization Trust 2020-5, 1.22% due 05/25/65		2.22	%	10/26/24		—			—

World Equity Income Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 96.9%
Technology - 17.5%
Microsoft Corp.		3,806	$	1,431,208
Apple, Inc.		7,374		1,419,717
NVIDIA Corp.		1,330		658,643
Broadcom, Inc.		452		504,545
Constellation Software, Inc.		200		496,051
Texas Instruments, Inc.		2,889		492,459
Cognizant Technology Solutions Corp. — Class A		5,100		385,203
CGI, Inc.*		3,500		375,084
Dell Technologies, Inc. — Class C		4,900		374,850
Check Point Software Technologies Ltd.*		2,290		349,889
Workday, Inc. — Class A*		1,100		303,666
HP, Inc.		8,000		240,720
Ricoh Company Ltd.		27,920		214,475
ASM International N.V.		400		207,575
NXP Semiconductor N.V.		900		206,712
Crowdstrike Holdings, Inc. — Class A*		800		204,256
Skyworks Solutions, Inc.		1,500		168,630
Roper Technologies, Inc.		200		109,034
Oracle Corp.		1,000		105,430
Intel Corp.		1,598		80,299
Total Technology				8,328,446
Financial - 16.5%
Berkshire Hathaway, Inc. — Class B*		1,890		674,088
National Australia Bank Ltd.		21,450		448,886
Citigroup, Inc.		8,470		435,697
Goldman Sachs Group, Inc.		1,100		424,347
Capital One Financial Corp.		3,200		419,584
ANZ Group Holdings Ltd.		22,520		397,899
Banco Bilbao Vizcaya Argentaria S.A.		43,570		395,767
ING Groep N.V.		26,000		388,335
Westpac Banking Corp.		24,660		384,945
Intesa Sanpaolo SpA		131,700		384,440
Simon Property Group, Inc. REIT		2,690		383,701
VICI Properties, Inc. REIT		12,000		382,560
AvalonBay Communities, Inc. REIT		1,971		369,011
Public Storage REIT		1,200		366,000
Banco Santander S.A.		87,380		364,678
Swedbank AB — Class A		16,000		322,632
Swiss Life Holding AG		450		312,515
AXA S.A.		7,000		227,948
Mediobanca Banca di Credito Finanziario SpA		12,070		149,342
First Citizens BancShares, Inc. — Class A		100		141,897
Assicurazioni Generali SpA		6,000		126,579
BNP Paribas S.A.		1,800		124,406
Everest Group Ltd.		300		106,074
Zurich Insurance Group AG		200		104,552
Total Financial				7,835,883
Consumer, Non-cyclical - 15.6%
UnitedHealth Group, Inc.		1,377		724,949
Amgen, Inc.		1,798		517,860
PepsiCo, Inc.		2,610		443,282
Japan Tobacco, Inc.		15,900		411,081
Unilever plc		8,470		410,321
Johnson & Johnson		2,592		406,270
McKesson Corp.		830		384,273
Colgate-Palmolive Co.		4,803		382,847
Altria Group, Inc.		9,000		363,060
Sysco Corp.		4,860		355,412
Bristol-Myers Squibb Co.		6,900		354,039
CK Hutchison Holdings Ltd.		62,468		334,815
Elevance Health, Inc.		600		282,936
Cencora, Inc. — Class A		1,275		261,860
Imperial Brands plc		11,140		256,484
Bunge Global S.A.		2,500		252,375
CVS Health Corp.		3,100		244,776
Cintas Corp.		390		235,038
HCA Healthcare, Inc.		800		216,544
Gilead Sciences, Inc.		2,600		210,626
Archer-Daniels-Midland Co.		1,800		129,996
Merck & Company, Inc.		1,100		119,922
Tesco plc		32,000		118,510
Total Consumer, Non-cyclical				7,417,276
Consumer, Cyclical - 12.5%
Home Depot, Inc.		1,909		661,564
Walmart, Inc.		2,900		457,185
Sumitomo Corp.		19,900		434,183
Lowe's Companies, Inc.		1,860		413,943
Ford Motor Co.		33,900		413,241
WW Grainger, Inc.		480		397,771
Aristocrat Leisure Ltd.		13,000		361,731
Cummins, Inc.		1,400		335,398
General Motors Co.		8,000		287,360
Sekisui House Ltd.		12,930		287,246
Stellantis N.V.		12,000		280,256
Toromont Industries Ltd.		2,900		254,188
Lear Corp.		1,640		231,584
McDonald's Corp.		700		207,557
Isuzu Motors Ltd.		16,100		207,384
Tesla, Inc.*		700		173,936
TJX Companies, Inc.		1,600		150,096
Dollarama, Inc.		2,000		144,183
Yum! Brands, Inc.		1,000		130,660
Fastenal Co.		1,700		110,109
Total Consumer, Cyclical				5,939,575
Industrial - 10.3%
Illinois Tool Works, Inc.		1,538		402,864
AP Moller - Maersk A/S — Class B		220		395,591
Waste Connections, Inc.		2,500		373,175
Amphenol Corp. — Class A		3,680		364,798
Lockheed Martin Corp.		789		357,606
FedEx Corp.		1,300		328,861
Snap-on, Inc.		1,090		314,836
Mitsui OSK Lines Ltd.		9,720		311,422
Nippon Yusen K.K.		9,890		306,627
Garmin Ltd.		2,200		282,788
Kawasaki Kisen Kaisha Ltd.		5,600		240,313
Canadian National Railway Co.		1,810		227,587
Obayashi Corp.		26,000		224,992
ACS Actividades de Construccion y Servicios S.A.		4,000		177,385
Deere & Co.		400		159,948
Parker-Hannifin Corp.		300		138,210

World Equity Income Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

	Shares		Value
COMMON STOCKS† - 96.9% (continued)
Industrial - 10.3% (continued)
United Parcel Service, Inc. — Class B		790	$	124,212
Poste Italiane SpA1		9,000		102,115
Stantec, Inc.		1,000		80,313
Total Industrial				4,913,643
Energy - 7.8%
Phillips 66		3,040		404,746
Marathon Petroleum Corp.		2,720		403,539
Valero Energy Corp.		2,640		343,200
Suncor Energy, Inc.		10,000		320,481
Woodside Energy Group Ltd.		14,040		297,261
Imperial Oil Ltd.		5,000		284,923
ENEOS Holdings, Inc.		70,000		278,246
Ampol Ltd.		9,800		241,493
Galp Energia SGPS S.A. — Class B		16,000		235,689
Cheniere Energy, Inc.		1,100		187,781
Chevron Corp.		1,090		162,585
HF Sinclair Corp.		2,760		153,373
Parkland Corp.		4,000		128,978
ARC Resources Ltd.		7,000		103,951
Exxon Mobil Corp.		1,000		99,980
Repsol S.A.		6,000		89,112
Total Energy				3,735,338
Utilities - 6.3%
Duke Energy Corp.		4,175		405,142
DTE Energy Co.		2,980		328,575
Exelon Corp.		9,010		323,459
Consolidated Edison, Inc.		3,400		309,298
Southern Co.		4,275		299,763
Public Service Enterprise Group, Inc.		4,600		281,290
Sempra		3,700		276,501
Power Assets Holdings Ltd.		46,000		266,581
Centrica plc		130,400		233,733
Enagas S.A.		11,000		185,418
Dominion Energy, Inc.		1,800		84,600
Total Utilities				2,994,360
Communications - 6.3%
Alphabet, Inc. — Class C*		6,435		906,884
Amazon.com, Inc.*		4,838		735,086
Verizon Communications, Inc.		10,381		391,364
Cisco Systems, Inc.		6,600		333,432
Motorola Solutions, Inc.		944		295,557
Meta Platforms, Inc. — Class A*		600		212,376
Telefonica S.A.		30,000		117,071
Total Communications				2,991,770
Basic Materials - 4.1%
Nucor Corp.		2,100		365,484
LyondellBasell Industries N.V. — Class A		3,788		360,163
Dow, Inc.		6,500		356,460
Nippon Steel Corp.		15,350		351,677
Reliance Steel & Aluminum Co.		1,200		335,616
Steel Dynamics, Inc.		1,400		165,340
Total Basic Materials				1,934,740
Total Common Stocks
(Cost $41,815,370)				46,091,031
EXCHANGE-TRADED FUNDS† - 2.4%
SPDR S&P 500 ETF Trust		1,196		568,471
iShares MSCI EAFE ETF		7,538		567,988
Total Exchange-Traded Funds
(Cost $1,081,815)				1,136,459
MONEY MARKET FUND† - 0.4%
Goldman Sachs Financial Square Treasury Instruments Fund Institutional Shares, 5.21%2		212,412		212,412
Total Money Market Fund
(Cost $212,412)				212,412
Total Investments - 99.7%
(Cost $43,109,597)			$	47,439,902
Other Assets & Liabilities, net - 0.3%				121,961
Total Net Assets - 100.0%			$	47,561,863

*	Non-income producing security.
†	Value determined based on Level 1 inputs — See Note 3.
1	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) securities is $102,115 (cost $96,855), or 0.2% of total net assets.
2	Rate indicated is the 7-day yield as of December 31, 2023.

plc — Public Limited Company

REIT — Real Estate Investment Trust

See Sector Classification in Other Information section.

World Equity Income Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2023

The following table summarizes the inputs used to value the Fund's investments at December 31, 2023 (See Note 3 in the Notes to Schedule of Investments): 

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	46,091,031	$	—	$	—	$	46,091,031
Exchange-Traded Funds		1,136,459		—		—		1,136,459
Money Market Fund		212,412		—		—		212,412
Total Assets	$	47,439,902	$	—	$	—	$	47,439,902

NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)

Note 1 – Organization, Consolidation of Subsidiary and and Significant Accounting Policies

Organization

Guggenheim Funds Trust (the "Trust"), a Delaware statutory trust, is registered with the U.S. Securities and Exchange Commission (the "SEC”) under the Investment Company Act of 1940 (the "1940 Act”), as an open-ended investment company of the series type. Each series, in effect, is representing a separate fund (each, a "Fund"). The Trust may issue an unlimited number of authorized shares. The Trust accounts for the assets of each Fund separately.

This report covers the following funds (collectively, the “Funds”): 

Fund Name	Investment Company Type
Alpha Opportunity Fund	Diversified
Capital Stewardship Fund	Diversified
Core Bond Fund	Diversified
Diversified Income Fund	Diversified
Floating Rate Strategies Fund	Diversified
High Yield Fund	Diversified
Large Cap Value Fund	Diversified
Limited Duration Fund	Diversified
Macro Opportunities Fund	Diversified
Market Neutral Real Estate Fund	Diversified
Municipal Income Fund	Diversified
Risk Managed Real Estate Fund	Diversified
Small Cap Value Fund	Diversified
SMid Cap Value Fund	Diversified
StylePlus—Large Core Fund	Diversified
StylePlus—Mid Growth Fund	Diversified
Total Return Bond Fund	Diversified
Ultra Short Duration Fund	Diversified
World Equity Income Fund	Diversified

For information on the Funds' policy regarding valuation of investments and other significant accounting policies, please refer to the Funds' most recent semi-annual or annual shareholder report.

Consolidation of Subsidiary

The Consolidated Schedule of Investments of the Macro Opportunities Fund includes the accounts of a wholly-owned and controlled Cayman Islands subsidiary (the “Subsidiary”). Significant inter-company accounts and transactions have been eliminated in consolidation for the Fund.

The Fund may invest up to 25% of its total assets in its Subsidiary which acts as an investment vehicle in order to effect certain investments consistent with the Fund’s investment objective and policies.

Significant Accounting Policies

The Funds operate as investment companies and, accordingly, follow the investment company accounting and reporting guidance of the Financial Accounting Standards Board (“FASB”) Accounting Standards Codification Topic 946 Financial Services – Investment Companies. 

The following significant accounting policies are in conformity with U.S. generally accepted accounting principles (“U.S. GAAP”) and are consistently followed by the Trust. This requires management to make estimates and assumptions that affect the reported amount of assets and liabilities, contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from these estimates. All time references are based on Eastern Time.

(a) Valuation of Investments 

The Board of Trustees of the Trust (the “Board”) adopted policies and procedures for the valuation of the Funds’ investments (the “Fund Valuation Procedures”). The SEC adopted Rule 2a-5 under the 1940 Act (“Rule 2a-5”) which establishes requirements for determining fair value in good faith. Rule 2a-5 also defines “readily available market quotations” for purposes of the 1940 Act and establishes requirements for determining whether a fund must fair value a security in good faith.

NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)

Pursuant to Rule 2a-5, the Board has designated Security Investors, LLC and Guggenheim Partners Investment Management, LLC (the “Adviser”), as the valuation designee to perform fair valuation determinations for the Funds with respect to all Fund investments and other assets. As the Funds’ valuation designee pursuant to Rule 2a-5, the Adviser has adopted separate procedures (the “Valuation Designee Procedures” and collectively with the Fund Valuation Procedures, the "Valuation Procedures") reasonably designed to prevent violations of the requirements of Rule 2a-5 and Rule 31a-4. The Adviser, in its role as valuation designee, utilizes the assistance of a valuation committee, consisting of representatives from Guggenheim’s investment management, fund administration, legal and compliance departments (the “Valuation Committee”), in determining the fair value of the Funds’ securities and other assets.

Valuations of the Funds’ securities and other assets are supplied primarily by pricing service providers appointed pursuant to the processes set forth in the Valuation Procedures. The Adviser, with the assistance of the Valuation Committee, convenes monthly, or more frequently as needed, to review the valuation of all assets which have been fair valued. The Adviser, consistent with the monitoring and review responsibilities set forth in the Valuation Procedures, regularly reviews the appropriateness of the inputs, methods, models and assumptions employed by the pricing service provider.

If a pricing service provider cannot or does not provide a valuation for a particular investment or such valuation is deemed unreliable, such investment is fair valued by the Adviser.

Equity securities listed or traded on a recognized U.S. securities exchange or the Nasdaq Stock Market (“NASDAQ”) will generally be valued on the basis of the last sale price on the primary U.S. exchange or market on which the security is listed or traded; provided, however, that securities listed on NASDAQ will be valued at the NASDAQ official closing price, which may not necessarily represent the last sale price.

Generally, trading in foreign securities markets is substantially completed each day at various times prior to the close of the New York Stock Exchange ("NYSE"). The values of foreign securities are determined as of the close of such foreign markets or the close of the NYSE, if earlier. All investments quoted in foreign currencies are valued in U.S. dollars on the basis of the foreign currency exchange rates prevailing at the close of U.S. business at 4:00 p.m. Investments in foreign securities may involve risks not present in domestic investments. The Adviser will determine the current value of such foreign securities by taking into consideration certain factors which may include the following factors, among others: the value of the securities traded on other foreign markets, American Depositary Receipts ("ADR") trading, closed-end fund trading, foreign currency exchange activity, and the trading prices of financial products that are tied to foreign securities. In addition, under the Valuation Procedures, the Adviser is authorized to use prices and other information supplied by a pricing service provider in valuing foreign securities.

Open-end investment companies are valued at their net asset value as of the close of business, on the valuation date. Exchange-traded funds and closed-end investment companies are generally valued at the last quoted sale price.

U.S. Government securities are valued by pricing service providers, using the last traded fill price, or at the reported bid price at the close of business on the valuation date.

Repurchase agreements are generally valued at amortized cost, provided such amounts approximate market value.

Commercial paper and discount notes with a maturity of greater than 60 days at acquisition are valued at prices that reflect broker-dealer supplied valuations or are obtained from pricing service providers, which may consider the trade activity, treasury spreads, yields or price of bonds of comparable quality, coupon, maturity, and type, as well as prices quoted by dealers who make markets in such securities. Commercial paper and discount notes with a maturity of 60 days or less at acquisition are valued at amortized cost, unless the Adviser concludes that amortized cost does not represent the fair value of the applicable asset in which case it will be valued using a pricing service provider.

Typically, loans are valued using information provided by a pricing service provider which uses broker quotes, among other inputs. If the pricing service provider cannot or does not provide a valuation for a particular loan, or such valuation is deemed unreliable, such investment is valued based on a quote from a broker-dealer or is fair valued by the Adviser.

Exchange-traded options are valued at the mean of the bid and ask prices on the principal exchange on which they are traded. Over-the-counter (“OTC”) options and options on swaps ("swaptions") are valued using a price provided by a pricing service. 

Futures contracts are valued on the basis of the last sale price as of 4:00 p.m. on the valuation date. In the event that the exchange for a specific futures contract closes earlier than 4:00 p.m., the futures contract is valued at the official settlement price of the exchange. However, the underlying securities from which the futures contract value is derived are monitored until 4:00 p.m. to determine if fair valuation of the underlying securities would provide a more accurate valuation of the futures contract.

NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)

Credit default swap agreements entered into by a Fund are accounted for using the unrealized appreciation ordepreciation on the agreements that is determined by marking the agreements to the last quoted value of the index that the swap pertains to at the close of the NYSE. The swap’s market value is then adjusted to include dividends accrued, financing charges and/or interest associated with the swap agreements.

Interest rate swap agreements entered into by a Fund are valued on the basis of the last sale price on the primary exchange on which the swap is traded.

Other swap agreements entered into by a Fund are generally valued using an evaluated price provided by a pricing service provider.

Forward foreign currency exchange contracts are valued daily based on the applicable exchange rate of the underlying currency.

Investments for which market quotations are not readily available are fair valued as determined in good faith by the Adviser. Valuations in accordance with these methods are intended to reflect each security’s (or asset’s or liability’s) “fair value". Each such determination is based on a consideration of all relevant factors, which are likely to vary from one pricing context to another. Examples of such factors may include, but are not limited to market prices; sale prices; broker quotes; and models which derive prices based on inputs such as anticipated cash flows or collateral, spread over U.S. Treasury securities, and other information analysis. In connection with futures contracts and other derivative investments, such factors may include obtaining information as to how (a) these contracts and other derivative investments trade in the futures or other derivative markets, respectively, and (b) the securities underlying these contracts and other derivative investments trade in the cash market.

The Funds may acquire an interest in a special purpose acquisition company (“SPAC”) in an initial public offering or a secondary market transaction. SPAC investments carry many of the same risks as investments in initial public offering securities, such as erratic price movements, greater risk of loss, lack of information about the issuer, limited operating and little public or no trading history, and higher transaction costs. An investment in a SPAC is typically subject to a higher risk of dilution by additional later offerings of interests in the SPAC or by other investors exercising existing rights to purchase shares of the SPAC and interests in SPACs may be illiquid and/or be subject to restrictions on resale. A SPAC is a publicly traded company that raises investment capital for the purpose of acquiring the equity securities of one or more existing companies (or interests therein) via merger, combination, acquisition or other similar transactions. Unless and until an acquisition is completed, a SPAC generally invests its assets (less a portion retained to cover expenses) in U.S. government securities, money market securities and cash and does not typically pay dividends in respect of its common stock. SPAC investments are also subject to the risk that a significant portion of the funds raised by the SPAC may be expended during the search for a target acquisition or merger and that the SPAC may have limited time in which to conduct due diligence on potential business combination targets. Because SPACs are in essence blank check companies without operating history or ongoing business other than seeking acquisitions, the value of their securities is particularly dependent on the ability of the entity’s management to identify and complete a profitable acquisition. Among other conflicts of interest, the economic interests of the management, directors, officers and related parties of a SPAC can differ from the economic interests of public shareholders, which may lead to conflicts as they evaluate, negotiate and recommend business combination transactions to shareholders. This risk may become more acute as the deadline for the completion of a business combination nears. There is no guarantee that the SPACs in which the Funds invest will complete an acquisition or that any acquisitions that are completed will be profitable.

Note 2 – Financial Instruments and Derivatives

As part of their investment strategies, the Funds may utilize short sales and a variety of derivative instruments. These investments involve, to varying degrees, elements of market risk. Valuation and accounting treatment of these instruments can be found under Significant Accounting Policies in Note 1 of these Notes to Schedule of Investments.

Short Sales

A short sale is a transaction in which a Fund sells a security it does not own. If the security sold short decreases in price between the time the Fund sells the security and closes its short position, the Fund will realize a gain on the transaction. Conversely, if the security increases in price during the period, the Fund will realize a loss on the transaction. The risk of such price increases is the principal risk of engaging in short sales.

Derivatives

Derivatives are instruments whose values depend on, or are derived from, in whole or in part, the value of one or more other assets, such as securities, currencies, commodities or indices. Derivative instruments may be used for investment purposes (including to maintain cash reserves while maintaining exposure to certain other assets), for risk management (hedging) purposes, to facilitate trading, to reduce transaction costs and to pursue higher investment returns. Derivative instruments may also be used to seek to mitigate certain investment risks, such as foreign currency exchange rate risk, interest rate risk and credit risk. U.S. GAAP requires disclosures to enable investors to better understand how and why a Fund uses derivative instruments, how these derivative instruments are accounted for and their effects on the Fund’s financial position and results of operations.

NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)

The Funds may utilize derivatives for the following purposes:

Duration: the use of an instrument to manage the interest rate risk of a portfolio.

Hedge: an investment made in order to reduce the risk of adverse price movements in a security, by taking an offsetting position to protect against broad market moves.

Income: the use of any instrument that distributes cash flows typically based upon some rate of interest.

Index Exposure: the use of an instrument to obtain exposure to a listed or other type of index.

Leverage: gaining total exposure to equities or other assets on the long and short sides at greater than 100% of invested capital.

Speculation: the use of an instrument to express macro-economic and other investment views. 

If a Fund's investment strategy consistently involves applying leverage, the value of the Fund’s shares will tend to increase or decrease more than the value of any increase or decrease in the underlying index or other asset. In addition, because an investment in derivative instruments generally requires a small investment relative to the amount of investment exposure assumed, an opportunity for increased net income is created; but, at the same time, leverage risk will increase. The Fund’s use of leverage, through borrowings or instruments such as derivatives, may cause the Fund to be more volatile and riskier than if the Fund had not been leveraged.

Options Purchased and Written 

A call option on a security gives the purchaser of the option the right to buy, and the writer of a call option the obligation to sell, the underlying security. The purchaser of a put option has the right to sell, and the writer of the put option the obligation to buy, the underlying security at any time during the option period. The risk associated with purchasing options is limited to the premium originally paid.

The risk in writing a call option is that a Fund may incur a loss if the market price of the underlying security increases and the option is exercised. The risk in writing a put option is that a Fund may incur a loss if the market price of the underlying security decreases and the option is exercised. In addition, there may be an imperfect correlation between the movement in prices of options and the underlying securities where a Fund may not be able to enter into a closing transaction because of an illiquid secondary market; or, for OTC options, a Fund may be at risk because of the counterparty’s inability to perform.

Futures Contracts

A futures contract is an agreement to purchase (long) or sell (short) an agreed amount of securities or other instruments at a set price for delivery at a future date. There are significant risks associated with a Fund's use of futures contracts, including (i) there may be an imperfect or no correlation between the changes in market value of the underlying asset and the prices of futures contracts; (ii) there may not be a liquid secondary market for a futures contract; (iii) trading restrictions or limitations may be imposed by an exchange; and (iv) government regulations may restrict trading in futures contracts. When investing in futures, there is minimal counterparty credit risk to a Fund because futures are exchange-traded and the exchange’s clearinghouse, as counterparty to all exchange-traded futures, guarantees against default. Securities held as collateral are noted on the Funds’ Schedules of Investments.

Swap Agreements

A swap is an agreement that obligates two parties to exchange a series of cash flows at specified intervals based upon or calculated by reference to changes in specified prices or rates for a specified amount of an underlying asset. When utilizing OTC swaps, a Fund bears the risk of loss of the amount expected to be received under a swap agreement in the event of the default or bankruptcy of a swap agreement counterparty or if the underlying asset declines in value. Certain standardized swaps are subject to mandatory central clearing and are executed on a multi-lateral or other trade facility platform, such as a registered exchange. There is limited counterparty credit risk with respect to centrally-cleared swaps as the transaction is facilitated through a central clearinghouse, much like exchange-traded futures contracts. For a Fund utilizing centrally-cleared swaps, the exchange bears the risk of loss resulting from a counterparty not being able to pay. There is no guarantee that a Fund or an underlying fund could eliminate its exposure under an outstanding swap agreement by entering into an offsetting swap agreement with the same or another party.

NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)

Total return swaps involve commitments where single or multiple cash flows are exchanged based on the price of an underlying reference asset (such as an index or custom basket of securities) or a fixed or variable interest rate. Index swaps will usually be computed based on the current index value as of the close of regular trading on the NYSE or other exchange, with the swap value being adjusted to include dividends accrued, financing charges and/or interest associated with the swap agreement. When utilizing a total return index swap, the Fund bears the risk of loss of the amount expected to be received under a swap agreement in the event of the default or bankruptcy of a swap agreement counterparty or if the underlying index declines in value.

Interest rate swaps involve the exchange by the Funds with another party for their respective commitment to pay or receive a fixed or variable interest rate on a notional amount of principal. Interest rate swaps are generally centrally-cleared, but central clearing does not make interest rate swap transactions risk free.

Credit default swaps are instruments which allow for the full or partial transfer of third party credit risk, with respect to a particular entity or entities, from one counterparty to the other. A fund enters into credit default swaps as a “seller” or “buyer” of protection primarily to gain or reduce exposure to the investment grade and/or high yield bond market. A seller of credit default swaps is selling credit protection or assuming credit risk with respect to the underlying entity or entities. The buyer in a credit default swap is obligated to pay the seller a periodic stream of payments over the term of the contract provided that no event of default on an underlying reference obligation has occurred. If a credit event occurs, as defined under the terms of the swap agreement, the seller will either (i) pay to the buyer of protection an amount equal to the notional amount of the swap and take delivery of the referenced obligation or underlying securities comprising the referenced index or (ii) pay a net settlement amount in the form of cash or securities equal to the notional amount of the swap less the recovery value of the referenced obligation or underlying securities comprising the referenced index. The notional amount reflects the maximum potential amount the seller of credit protection could be required to pay to the buyer if a credit event occurs. The seller of protection receives periodic premium payments from the buyer and may also receive or pay an upfront premium adjustment to the stated periodic payments. In the event a credit event occurs on a credit default swap referencing an index, a factor adjustment will take place and the buyer of protection will receive a payment reflecting the par less the default recovery rate of the default recovery of the defaulted index component based on its weighting in the index. If no default occurs, the counterparty will pay the stream of payments and have no further obligations to the fund selling the credit protection. For a fund utilizing centrally cleared credit default swaps, the exchange bears the risk of loss resulting from a counterparty not being able to pay. For OTC credit default swaps, a fund bears the risk of loss of the amount expected to be received under a swap agreement in the event of the default or bankruptcy of a swap agreement counterparty, or in the case of a credit default swap in which a fund is selling credit protection, the default of a third party issuer.

The quoted market prices and resulting market values for credit default swap agreements on securities and credit indices serve as an indicator of the current status of the payment/performance risk and represent the likelihood of an expected liability (or profit) for the credit derivative had the notional amount of the swap agreement been closed/sold as of the period end. Increasing market values, in absolute terms when compared to the notional amount of the swap, represent a deterioration of the referenced entity’s credit soundness and a greater likelihood or risk of default or other credit event occurring as defined under the terms of the agreement.

Forward Foreign Currency Exchange Contracts

A forward foreign currency exchange contract is an agreement between two parties to exchange two designated currencies at a specific time in the future. Certain types of contracts may be cash settled, in an amount equal to the change in exchange rates during the term of the contract. The contracts can be used to hedge or manage exposure to foreign currency risks with portfolio investments or to gain exposure to foreign currencies.

The market value of a forward foreign currency exchange contract changes with fluctuations in foreign currency exchange rates. Furthermore, the Funds may be exposed to risk if the counterparties cannot meet the contract terms or if the currency value changes unfavorably as compared to the U.S. dollar.

In conjunction with short sales and the use of derivative instruments, the Funds are required to maintain collateral in various forms. Depending on the financial instrument utilized and the broker involved, the Funds use margin deposits at the broker, cash and/or securities segregated at the custodian bank, discount notes or repurchase agreements allocated to the Funds as collateral.

The Trust has established counterparty credit guidelines and enters into transactions only with financial institutions rated/identified as investment grade or better. The Trust monitors the counterparty credit risk associated with each such financial institution.

NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)

Foreign Investments 

There are several risks associated with exposure to foreign currencies, foreign issuers and emerging markets. A fund’s indirect and direct exposure to foreign currencies subjects the Fund to the risk that those currencies will decline in value relative to the U.S. dollar, or in the case of short positions, that the U.S. dollar will decline in value relative to the currency being hedged. Currency rates in foreign countries may fluctuate significantly over short periods of time for a number of reasons, including changes in interest rates and the imposition of currency controls or other political developments in the U.S. or abroad. In addition, the Funds may incur transaction costs in connection with conversions between various currencies. The Funds may, but is not obligated to, engage in currency hedging transactions, which generally involve buying currency forward, options or futures contracts. However, not all currency risks may be effectively hedged, and in some cases the costs of hedging techniques may outweigh expected benefits. In such instances, the value of securities denominated in foreign currencies can change significantly when foreign currencies strengthen or weaken relative to the U.S. dollar.

The Funds may invest in securities of foreign companies directly, or in financial instruments, such as ADRs and exchange-traded funds, which are indirectly linked to the performance of foreign issuers. Foreign markets can be more volatile than the U.S. market due to increased risks of adverse issuer, political, regulatory, market, or economic developments and can perform differently from the U.S. market. Investing in securities of foreign companies directly, or in financial instruments that are indirectly linked to the performance of foreign issuers, may involve risks not typically associated with investing in U.S. issuers. The value of securities denominated in foreign currencies, and of dividends from such securities, can change significantly when foreign currencies strengthen or weaken relative to the U.S. dollar. Foreign securities markets generally have less trading volume and less liquidity than U.S. markets, and prices in some foreign markets may fluctuate more than those of securities traded on U.S. markets. Many foreign countries lack accounting and disclosure standards comparable to those that apply to U.S. companies, and it may be more difficult to obtain reliable information regarding a foreign issuer’s financial condition and operations. Transaction costs and costs associated with custody services are generally higher for foreign securities than they are for U.S. securities. Some foreign governments levy withholding taxes against dividend and interest income. Although in some countries portions of these taxes are recoverable, the non-recovered portion will reduce the income received by the Funds.

Reverse Repurchase Agreements

Each of the Funds may enter into reverse repurchase agreements. Under a reverse repurchase agreement, a Fund sells securities and agrees to repurchase them at a particular price at a future date. In the event the buyer of securities under a reverse repurchase agreement files for bankruptcy or becomes insolvent, such buyer or its trustee or receiver may receive an extension of time to determine whether to enforce the Fund’s obligation to repurchase the securities, and the Fund’s use of the proceeds of the reverse repurchase agreement may effectively be restricted pending such decision.

Note 3 – Fair Value Measurement  

In accordance with U.S. GAAP, fair value is defined as the price that the Funds would receive to sell an investment or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a three-tier fair value hierarchy based on the types of inputs used to value assets and liabilities and requires corresponding disclosure. The hierarchy and the corresponding inputs are summarized below:

Level 1 — unadjusted quoted prices in active markets for identical assets or liabilities.

Level 2 — significant other observable inputs (for example quoted prices for securities that are similar based on characteristics such as interest rates, prepayment speeds, credit risk, etc.).

Level 3 — significant unobservable inputs based on the best information available under the circumstances, to the extent observable inputs are not available, which may include assumptions.

Rule 2a-5 sets forth a definition of “readily available market quotations,” which is consistent with the definition of a Level 1 input under U.S. GAAP. Rule 2a-5 provides that “a market quotation is readily available only when that quotation is a quoted price (unadjusted) in active markets for identical investments that the fund can access at the measurement date, provided that a quotation will not be readily available if it is not reliable.”

Securities for which market quotations are not readily available must be valued at fair value as determined in good faith. Accordingly, any security priced using inputs other than Level 1 inputs will be subject to fair value requirements. The types of inputs available depend on a variety of factors, such as the type of security and the characteristics of the markets in which it trades, if any. Fair valuation determinations that rely on fewer or no observable inputs require greater judgment. Accordingly, fair value determinations for Level 3 securities require the greatest amount of judgment.

Pricing service providers are used to value a majority of the Funds’ investments. When values are not available from a pricing service provider, they will be determined using a variety of sources and techniques, including: market prices; broker quotes; and models which derive prices based on inputs such as prices of securities with comparable maturities and characteristics or based on inputs such as anticipated cash flows or collateral, spread over U.S. Treasury securities, and other information and analysis. A significant portion of the Funds’ assets and liabilities are categorized as Level 2, as indicated in this report.

NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)

Quotes from broker-dealers, adjusted for fluctuations in criteria such as credit spreads and interest rates, may also be used to value the Funds' assets and liabilities, i.e. prices provided by a broker-dealer or other market participant who has not committed to trade at that price. Although quotes are typically received from established market participants, the Funds may not have the transparency to view the underlying inputs which support the market quotations. Significant changes in a quote would generally result in significant changes in the fair value of the security.

Certain fixed income securities are valued by obtaining a monthly quote from a broker-dealer, adjusted for fluctuations in criteria such as credit spreads and interest rates.

Certain loans and other securities are valued using a single daily broker quote or a price from a pricing service provider based on a single daily or monthly broker quote.

The inputs or methodologies selected and applied for valuing securities or other assets are not necessarily an indication of the risk associated with investing in those securities. The suitability, appropriateness and accuracy of the techniques, methodologies and sources employed to determine fair valuation are periodically reviewed and subject to change.

Note 4 – Federal Income Tax Information

The Funds intend to comply with the provisions of Subchapter M of the Internal Revenue Code of 1986, as amended (the “Internal Revenue Code”), applicable to regulated investment companies and will distribute substantially all taxable net investment income and capital gains sufficient to relieve the Funds from all, or substantially all, federal income, excise and state income taxes. Therefore, no provision for federal or state income tax or federal excise tax is required.

Tax positions taken or expected to be taken in the course of preparing the Funds' tax returns are evaluated to determine whether the tax positions are “more-likely-than-not” of being sustained by the applicable tax authority. Tax positions not deemed to meet the “more-likely-than-not” threshold would be recorded as a tax benefit or expense in the current year. Management has analyzed the Funds' tax positions taken, or to be taken, on U.S. federal income tax returns for all open tax years, and has concluded that no provision for income tax is required in the Funds' financial statements. The Funds' U.S. federal income tax returns are subject to examination by the Internal Revenue Service ("IRS") for a period of three years after they are filed.

The Macro Opportunities Fund intends to invest up to 25% of its assets in its Subsidiary which is expected to provide the Fund with exposure to the commodities markets within the limitations of the U.S. federal income tax requirements under Subchapter M of the Internal Revenue Code. The Fund has received a private letter ruling from the IRS that concludes that the income the Fund receives from the Subsidiary will constitute qualifying income for purposes of Subchapter M of the Internal Revenue Code. The Subsidiary is classified as a corporation for U.S. federal income tax purposes. A foreign corporation, such as the Subsidiary, will generally not be subject to U.S. federal income taxation unless it is deemed to be engaged in a U.S. trade or business. If, during a taxable year, the Subsidiary’s taxable losses (and other deductible items) exceed its income and gains, the net loss will not pass through to the Fund as a deductible amount for U.S. federal income tax purposes and cannot be carried forward to reduce future income from the Subsidiary in subsequent years.

At December 31, 2023, the cost of investments for U.S. federal income tax purposes, the aggregate gross unrealized appreciation for all investments for which there was an excess of value over tax cost, and the aggregate gross unrealized depreciation for all investments for which there was an excess of tax cost over value, were as follows:

Fund	Tax Cost		Tax Unrealized Appreciation		Tax Unrealized Depreciation			Net Tax Unrealized Appreciation (Depreciation)
Alpha Opportunity Fund	$	33,871,433	$	5,138,295	$	(3,157,077	)	$	1,981,218
Capital Stewardship Fund		174,739,414		26,131,240		(1,394,497	)		24,736,743
Core Bond Fund		2,081,175,921		40,216,337		(124,686,888	)		(84,470,551	)
Diversified Income Fund		8,324,673		300,792		(532,754	)		(231,962	)
Floating Rate Strategies Fund		1,049,062,950		5,418,865		(33,493,347	)		(28,074,482	)
High Yield Fund		212,264,952		3,130,675		(17,605,058	)		(14,474,383	)
Large Cap Value Fund		30,693,041		7,193,988		(1,346,043	)		5,847,945
Limited Duration Fund		4,622,645,150		25,355,845		(195,311,087	)		(169,955,242	)
Macro Opportunities Fund		6,625,865,028		45,138,454		(571,359,216	)		(526,220,762	)
Market Neutral Real Estate Fund		38,115,989		3,241,809		(304,027	)		2,937,782
Municipal Income Fund		28,180,684		2,116,608		(3,006,113	)		(889,505	)
Risk Managed Real Estate Fund		349,283,350		34,704,209		(27,628,020	)		7,076,189
Small Cap Value Fund		4,980,089		705,735		(325,508	)		380,227
SMid Cap Value Fund		315,788,091		81,955,212		(12,519,220	)		69,435,992
StylePlus—Large Core Fund		223,650,495		44,496,151		(1,659,550	)		42,836,601
StylePlus—Mid Growth Fund		70,854,235		14,078,669		(431,632	)		13,647,037
Total Return Bond Fund		23,912,444,422		359,589,716		(1,871,977,615	)		(1,512,387,899	)
Ultra Short Duration Fund		525,438,468		2,419,509		(16,423,399	)		(14,003,890	)
World Equity Income Fund		43,237,791		5,028,927		(826,816	)		4,202,111

Note 5 – Unfunded Loan Commitments

Pursuant to the terms of certain loan agreements, certain Funds held unfunded loan commitments as of December 31, 2023. The Funds are obligated to fund these loan commitments at the borrower’s discretion.

The unfunded loan commitments as of December 31, 2023, were as follows: 

NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)

Fund	Borrower	Maturity Date	Face Amount*		Value
Core Bond Fund
	Lightning A	03/01/37		1,521,556	$	–
	Thunderbird A	03/01/37		1,493,111		–
					$	–
Limited Duration Fund
	Fontainbleau Vegas	01/31/26		45,236	$	–
	Lightning A	03/01/37		2,864,105		–
	Thunderbird A	03/01/37		2,810,562		–
					$	–
Macro Opportunities Fund
	Avalara, Inc.	10/19/28		1,600,000	$	18,482
	Care BidCo	05/04/28	EUR	9,200,000		587,788
	Checkers Holdings, Inc.	06/16/27		262,053		–
	Finastra USA, Inc.	09/13/29		620,835		72,918
	Galls LLC	01/31/24		201,068		5,027
	Higginbotham Insurance Agency, Inc.	11/25/28		751,500		6,996
	Lightning A	03/01/37		15,573,569		–
	Lightning B	03/01/37		3,132,614		–
	Orion Group	03/19/27		1,338,630		31,832
	Polaris Newco LLC	06/04/26		2,794,586		169,879
	RLDatix	10/28/24	GBP	2,862,700		18,248
	Schur Flexibles GmbH	09/30/26	EUR	214,755		10,671
	Shaw Development LLC	10/30/29		734,043		14,279
	Thunderbird A	03/01/37		15,282,431		–
	Thunderbird B	03/01/37		3,074,052		–
	TK Elevator Midco GmbH	01/29/27	EUR	9,900,788		575,225
					$	1,511,345
Total Return Bond Fund
	Fontainbleau Vegas	01/31/26		197,909	$	–
	Higginbotham Insurance Agency, Inc.	11/25/28		5,170,377		48,133
	Lightning A	03/01/37		25,821,693		–
	Thunderbird A	03/01/37		25,338,974		–
					$	48,133

* The face amount is denominated in U.S. dollars unless otherwise indicated.

EUR – Euro

GBP – British Pound

Note 6 – Restricted Securities

The securities below are considered illiquid and restricted under guidelines established by the Board:

Fund	Restricted Securities	Acquisition Date	Cost		Value
Core Bond Fund
	Central Storage Safety Project Trust
	4.82% due 02/01/38	03/20/18	$	855,931	$	732,812
	Copper River CLO Ltd.
	2007-1A INC, due 01/20/212	05/09/14		–		70
			$	855,931	$	732,882
Floating Rate Strategies Fund
	Mirabela Nickel Ltd.
	due 06/24/193	12/31/13	$	1,160,811	$	6,399
High Yield Fund
	Mirabela Nickel Ltd.
	due 06/24/193	12/31/13	$	252,369	$	1,390
Limited Duration Fund
	Cascade Funding Mortgage Trust
	2018-RM2 4.00% (WAC) due 10/25/681	11/02/18	$	4,300,912	$	4,316,699
	Cascade Funding Mortgage Trust
	2019-RM3 2.80% (WAC) due 06/25/691	06/25/19		645,418		629,049
	CFMT LLC
	2022-HB9 3.25% (WAC) due 09/25/371	09/23/22		1,894,937		1,874,223
	Copper River CLO Ltd.
	2007-1A INC, due 01/20/212	05/09/14		–		50
	LSTAR Securities Investment Ltd.
	2021-1 8.26% (1 Month Term SOFR + 2.91%, Rate Floor: 1.80%) due 02/01/261	02/04/21		6,663,201		6,533,029
	Towd Point Revolving Trust
	4.83% due 09/25/64	03/17/22		18,499,968		18,268,750
			$	32,004,436	$	31,621,800

NOTES TO SCHEDULE OF INVESTMENTS (Unaudited)

Macro Opportunities Fund
	Atlas Mara Ltd.
	due 12/31/213	10/01/15	$	5,156,356	$	1,544,576
	CFMT LLC
	2022-HB9 3.25% (WAC) due 09/25/371	09/23/22		7,639,485		7,429,678
	Copper River CLO Ltd.
	2007-1A INC, due 01/20/212	05/09/14		–		815
	Mirabela Nickel Ltd.
	due 06/24/193	12/31/13		1,710,483		9,427
			$	14,506,324	$	8,984,496
Total Return Bond Fund
	Atlas Mara Ltd.
	due 12/31/213	10/01/15	$	2,325,767	$	707,931
	Cascade Funding Mortgage Trust
	2018-RM2 4.00% (WAC) due 10/25/681	11/02/18		6,236,322		6,259,214
	Cascade Funding Mortgage Trust
	2019-RM3 2.80% (WAC) due 06/25/691	06/25/19		2,339,778		2,280,301
	Central Storage Safety Project Trust
	4.82% due 02/01/38	02/02/18		17,686,400		15,022,636
	CFMT LLC
	2022-HB9 3.25% (WAC) due 09/25/371	09/23/22		7,790,298		7,705,138
	Copper River CLO Ltd.
	2007-1A INC, due 01/20/212	05/09/14		–		150
	Irwin Home Equity Loan Trust
	2007-1 6.35% due 08/25/37	02/27/15		129		126
	LSTAR Securities Investment Ltd.
	2021-1 8.26% (1 Month Term SOFR + 2.91%, Rate Floor: 1.80%) due 02/01/261	02/04/21		36,937,316		36,215,709
	Morgan Stanley Re-REMIC Trust
	2010-R5, 0.00% due 06/26/36	07/18/14		91,875		96,066
	Nomura Resecuritization Trust
	2015-4R 3.00% (1 Month Term SOFR + 0.54%, Rate Floor: 0.43%) due 03/26/361	03/20/15		516,678		495,449
	SPSS
	5.14% due 11/15/52	03/30/23		129,212		126,651
	Towd Point Revolving Trust
	4.83% due 09/25/64	03/17/22		81,499,858		80,481,250
			$	155,553,633	$	149,390,621
Ultra Short Duration Fund
	Cascade Funding Mortgage Trust
	2019-RM3 2.80% (WAC) due 06/25/691	06/25/19	$	80,677	$	78,631
	LSTAR Securities Investment Ltd.
	2021-1 8.26% (1 Month Term SOFR + 2.91%, Rate Floor: 1.80%) due 02/01/261	02/04/21		1,289,652		1,264,457
	Towd Point Revolving Trust
	4.83% due 09/25/64	03/17/22		3,249,994		3,209,375
			$	4,620,323	$	4,552,463

1	Variable rate security. Rate indicated is the rate effective at December 31, 2023. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.
2	Security has no stated coupon. However, it is expected to receive residual cash flow payments on defined deal dates.
3	Security is in default of interest and/or principal obligations.

Note 7 – Market Risks

The value of, or income generated by, the investments held by the Funds are subject to the possibility of rapid and unpredictable fluctuation, and loss that may result from various factors. These factors include, among others, developments affecting individual companies, or from broader influences, including real or perceived changes in prevailing interest rates (which may change at any time based on changes in monetary policies and various market and other economic conditions), changes in inflation rates or expectations about inflation rates, adverse investor confidence or sentiment, changing economic, political (including geopolitical), social or financial market conditions, increased instability or general uncertainty, environmental disasters, governmental actions, public health emergencies (such as the spread of infectious diseases, pandemics and epidemics), debt crises, actual or threatened wars or other armed conflicts (such as the ongoing Russia-Ukraine conflict and its collateral economic and other effects, including, but not limited to, sanctions and other international trade barriers) or ratings downgrades, and other similar events, each of which may be temporary or last for extended periods. Moreover, changing economic, political, geopolitical, social, financial market or other conditions in one country or geographic region could adversely affect the value, yield and return of the investments held by the Funds in a different country or geographic region, economy, and market because of the increasingly interconnected global economies and financial markets. The duration and extent of the foregoing types of factors or conditions are highly uncertain and difficult to predict and have in the past, and may in the future, cause volatility and distress in economies and financial markets or other adverse circumstances, which may negatively affect the value of the Funds’ investments and performance of the Funds.

OTHER INFORMATION (Unaudited)

Sector Classification

Information in the Schedule of Investments is categorized by sectors using sector-level Classifications defined by the Bloomberg Industry Classification System, a widely recognized industry classification system provider. Each Fund’s registration statement has investment policies relating to concentration in specific sectors/industries. For purposes of these investment policies, the Funds usually classify sectors/industries based on industry-level Classifications used by widely recognized industry classification system providers such as Bloomberg Industry Classification System, Global Industry Classification Standards and Barclays Global Classification Scheme.