NPORT-EX 2 edgar.htm
ABBREVIATIONS AND FOOTNOTES
INVESTMENT ABBREVIATIONS:
10Y 10 Year
1M 1 Month
1Y 1 Year
2M 2 Month
3M 3 Month
5Y 5 Year
6M 6 Month
ABS Asset-Backed Security
ACES Alternative Credit Enhancement Securities
ADR American Depositary Receipt
AEX Amsterdam Exchange
AGM Assured Guarantee Municipal Corporation
ARM Adjustable Rate Mortgage
ASX Australian Securities Exchange
BAM Build America Mutual
BBR Bank Bill Rate
BBSW Bank Bill Swap Rate
Bobl Bundesobligation ("federal government bond")
BUBOR Budapest Interbank Offered Rate
Bund Bundesanleihe ("federal bond")
CDI Crest Depository Interest
CDO Collateralized Debt Obligation
CDOR Canadian Dollar Offered Rate
CDX A series of indexes that track North American and emerging market credit derivative indexes.
Cetip Central of Custody and Financial Settlement of Securities
CFETS China Foreign Exchange Trade System
CLP-TNA Chilean Pesos Floating Rate Index
CLO Collateralized Loan Obligation
CME Chicago Mercantile Exchange
CMT Constant Maturity
COF Cost of Funds
CONV Convertible
COP-IBR-OIS Certificate of Participation - Income-based Repayment - Overnight Indexed Swap
COPS Certificates of Participation
CVA Dutch Certificate
DAC Designated Activity Company
DAX Deutscher Aktien Index
ESTR Euro Short-Term Rate
ETF Exchange Traded Fund
EURIBOR Euro Interbank Offered Rate
Fannie Mae Federal National Mortgage Association
FHA Federal Housing Administration
FHLMC Federal Home Loan Mortgage Corporation
FRA Forward Rate Agreements
FTSE Financial Times Stock Exchange
GDR Global Depositary Receipt
Gtd. Guaranteed
HIBOR Hong Kong Interbank Offered Rate
HTS Harmonized Tariff Schedule
HUD Housing and Urban Development
HY High Yield
IBEX Iberia Index
ICE Intercontinental Exchange
IG Investment Grade
IO Interest Only (Principal amount shown is notional)
JIBAR Johannesburg Interbank Average Rate
JSC Joint Stock Company
JSE Johannesburg Stock Exchange
KLCI Kuala Lumpur Composite Index
KOSPI Korea Composite Stock Price Index
KWCDC Korean Won Certificate of Deposit
LIBOR London Interbank Offered Rate
LLC Limited Liability Company
LP Limited Partnership
MIBOR Mumbai Inter-Bank Overnight Rate
MSCI Morgan Stanley Capital International
NA North American
NIBOR Norwegian Interbank Offered Rate
NVDR Non-Voting Depository Receipt
OAT Obligations Assimilables du Trésor
OMX Stockholm Stock Exchange
PCL Public Company Limited
PIK Payment-in-Kind Bonds
PJSC Public Joint Stock Company
PLC Public Limited Company
PRIBOR Prague Inter-bank Offered Rate
PSF Permanent School Fund
Q-SBLF Qualified School Bond Loan Fund
QPSC Qualified Personal Service Corporation
QSC Qatar Shareholder Company
REIT Real Estate Investment Trust
REMIC Real Estate Mortgage Investment Conduit
SA Societe Anonyme
SAE Societe Anonyme Egyptienne
SBA Small Business Administration
SGX Singapore Stock Exchange
SOFR Secured Overnight Financing Rate
SONIA Sterling Overnight Index Average Rate
SonyMA State of New York Mortgage Agency
STACR Structured Agency Credit Risk
STEP Stepped Coupon Bonds: Interest rates shown reflect the rates currently in effect.
STIBOR Stockholm Interbank Offered Rate
STRIP Stripped Security
TBA To be announced
Tbk Terbuka
TELBOR Tel Aviv Inter-Bank Offered Rate
THBFIX Thai Baht Interest Rate Fixing
TIIE The Equilibrium Interbank Interest Rate
TSX Toronto Stock Exchange
WIBOR Warsaw Interbank Offered Rate
144A Security was purchased pursuant to Rule 144A under the Securities Act of 1933 and may not be resold subject to that rule except to qualified institutional buyers. See the Funds' Semi-Annual Report for the total market values and percentages of net assets for 144A securities by fund as of June 30, 2021.
 
1

ABBREVIATIONS AND FOOTNOTES

INVESTMENT FOOTNOTES:
π Century bond maturing in 2115.
‡‡ All or a portion of the security was held as collateral for open futures, options, securities sold short and/or swap agreements.
* Non-income producing security.
# Security in default.
§ Security purchased with the cash proceeds from securities loaned.
^ Variable rate security. Security issued at a fixed coupon rate, which converts to a variable rate at a specified date. Rate shown is the rate in effect as of period end.
Variable rate security. Rate shown reflects the rate in effect as of September 30, 2021.
γ Variable or floating rate security, the interest rate of which adjusts periodically based on changes in current interest rates and prepayments on the underlying pool of assets.
Ω Rate shown reflects the effective yield as of September 30, 2021.
Affiliated fund.
Δ Security either partially or fully on loan.
Σ All or a portion of this position has not settled. Full contract rates do not take effect until settlement date.
††† Security is a Level 3 investment (see Note 2 in Notes to Financial Statements of the Funds' Semi-Annual Report dated June 30, 2021).
Ø 7-day current yield as of September 30, 2021 is disclosed.
ρ Perpetual bond. Maturity date represents the next call date.
~ Century bond maturing in 2121.
« Century bond maturing in 2110.
Current yield is disclosed. Dividends are calculated based on a percentage of the issuer’s net income.
τ The initial closing of commitments was held on January 19, 2021. The uncalled capital commitment at June 30, 2021 was $7,500,000.
Ψ Security is valued at fair value by the Valuation Committee (see Note 2 in Notes to Financial Statements of the Funds' Semi-Annual Report dated June 30, 2021). See the Funds' Semi-Annual Report for the total market values and percentages of net assets for Fair Valued securities by fund as of June 30, 2021.
    
FOREIGN BOND FOOTNOTES:
(A) Par is denominated in Australian Dollars (AUD).
(B) Par is denominated in Brazilian Reals (BRL).
(C) Par is denominated in Canadian Dollars (CAD).
(E) Par is denominated in Euro (EUR).
(I) Par is denominated in Indonesian Rupiahs (IDR).
(J) Par is denominated in Japanese Yen (JPY).
(M) Par is denominated in Mexican Pesos (MXN).
(P) Par is denominated in Polish Zloty (PLN).
(Q) Par is denominated in Russian Rubles (RUB).
(S) Par is denominated in South African Rand (ZAR).
(U) Par is denominated in British Pounds (GBP).
(Y) Par is denominated in Chinese Yuan (CNY).
(ZB) Par is denominated in Peruvian Sol (PEN)
(ZC) Par is denominated in Israeli Shekels (ILS).
(ZD) Par is demnominated in Swiss Francs (CHF).
     
COUNTERPARTY ABBREVIATIONS:
BAR Counterparty to contract is Barclays Capital.
BNP Counterparty to contract is BNP Paribas.
BOA Counterparty to contract is Bank of America.
CBA Counterparty to contract is Commonwealth Bank of Australia.
CITI Counterparty to contract is Citibank NA London.
CS Counterparty to contract is Credit Suisse International.
DEUT Counterparty to contract is Deutsche Bank AG.
Evercore Counterparty to contract is Evercore Inc.
GSC Counterparty to contract is Goldman Sachs Capital Markets, LP.
HSBC Counterparty to contract is HSBC Securities.
JPM Counterparty to contract is JPMorgan Chase Bank.
MSCS Counterparty to contract is Morgan Stanley Capital Services.
NT Counterparty to contract is Northern Trust.
RBC Counterparty to contract is Royal Bank of Canada.
RBS Counterparty to contract is Royal Bank of Scotland.
SC Counterparty to contract is Standard Chartered PLC.
SS Counterparty to contract is State Street Global Markets.
UBS Counterparty to contract is UBS AG.
 
2

MYDESTINATION 2015 FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
MUTUAL FUNDS — 91.5%
GuideStone Low-Duration Bond Fund
(Institutional Class)∞
8,909,320   $121,344,940
GuideStone Medium-Duration Bond Fund
(Institutional Class)∞
12,352,935   187,517,552
GuideStone Global Bond Fund
(Institutional Class)∞
3,965,866   39,856,955
GuideStone Defensive Market Strategies® Fund
(Institutional Class)∞
5,344,280   79,041,906
GuideStone Equity Index Fund
(Institutional Class)∞
2,800,545   130,281,353
GuideStone Small Cap Equity Fund
(Institutional Class)∞
765,907   16,643,149
GuideStone International Equity Index Fund
(Institutional Class)∞
4,446,387   55,090,735
GuideStone Emerging Markets Equity Fund
(Institutional Class)∞
1,923,167   23,520,328
GuideStone Global Real Estate Securities Fund
(Institutional Class)∞
567,988   6,168,345
GuideStone Strategic Alternatives Fund
(Institutional Class)∞
2,197,556   22,393,101
Total Mutual Funds
(Cost $611,862,607)
  681,858,364
MONEY MARKET FUNDS — 1.3%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
9,757,523   9,757,523
    Shares   Value
Northern Institutional U.S. Government Portfolio (Shares), 0.00%Ø 43,113   $43,113
Total Money Market Funds
(Cost $9,800,636)
  9,800,636
    
    Par  
U.S. TREASURY OBLIGATIONS — 7.1%
U.S. Treasury Inflationary Index Bonds      
0.63%, 04/15/23 $4,057,420 4,255,100
0.13%, 07/15/24 13,302,607 14,201,573
0.13%, 07/15/26 5,979,382 6,522,588
0.38%, 07/15/27 2,756,619 3,066,415
3.88%, 04/15/29 9,117,078 12,716,306
3.38%, 04/15/32 2,107,129 3,082,937
0.63%, 02/15/43 3,473,233 4,135,680
1.00%, 02/15/48 2,856,266 3,787,231
0.13%, 02/15/51 681,584 746,511
Total U.S. Treasury Obligations
(Cost $52,252,496)
52,514,341
TOTAL INVESTMENTS99.9%
(Cost $673,915,739)
  744,173,341
Other Assets in Excess of
Liabilities — 0.1%
  663,891
NET ASSETS — 100.0%   $744,837,232
 
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
MSCI EAFE Index   12/2021   11   $1,246,850   $(52,095)
MSCI Emerging Markets   12/2021   5   311,400   (65,283)
10-Year U.S. Treasury Note   12/2021   33   4,343,109   (61,194)
S&P 500® E-Mini   12/2021   9   1,933,988   (7,890)
Total Futures Contracts outstanding at September 30, 2021           $7,835,347   $(186,462)
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
3

MYDESTINATION 2025 FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
MUTUAL FUNDS — 95.4%
GuideStone Low-Duration Bond Fund
(Institutional Class)∞
11,068,316   $150,750,471
GuideStone Medium-Duration Bond Fund
(Institutional Class)∞
29,233,998   443,772,094
GuideStone Global Bond Fund
(Institutional Class)∞
9,825,316   98,744,429
GuideStone Defensive Market Strategies® Fund
(Institutional Class)∞
13,533,755   200,164,244
GuideStone Equity Index Fund
(Institutional Class)∞
8,722,630   405,776,752
GuideStone Small Cap Equity Fund
(Institutional Class)∞
2,380,024   51,717,922
GuideStone International Equity Index Fund
(Institutional Class)∞
13,648,562   169,105,683
GuideStone Emerging Markets Equity Fund
(Institutional Class)∞
5,906,673   72,238,609
GuideStone Global Real Estate Securities Fund
(Institutional Class)∞
1,683,380   18,281,512
GuideStone Strategic Alternatives Fund
(Institutional Class)∞
3,222,357   32,835,821
Total Mutual Funds
(Cost $1,429,650,089)
  1,643,387,537
MONEY MARKET FUNDS — 1.6%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
26,742,272   26,742,272
    Shares   Value
Northern Institutional U.S. Government Portfolio (Shares), 0.00%Ø 52,362   $52,362
Total Money Market Funds
(Cost $26,794,634)
  26,794,634
    
    Par  
U.S. TREASURY OBLIGATIONS — 3.0%
U.S. Treasury Inflationary Index Bonds      
0.63%, 04/15/23 $4,046,454 4,243,599
0.13%, 07/15/24 13,256,618 14,152,475
0.13%, 07/15/26 5,945,215 6,485,316
0.38%, 07/15/27 2,745,458 3,054,001
3.88%, 04/15/29 9,083,865 12,669,981
3.38%, 04/15/32 2,091,748 3,060,434
0.63%, 02/15/43 3,473,233 4,135,680
1.00%, 02/15/48 2,845,196 3,772,551
0.13%, 02/15/51 681,584 746,511
Total U.S. Treasury Obligations
(Cost $52,051,012)
52,320,548
TOTAL INVESTMENTS100.0%
(Cost $1,508,495,735)
  1,722,502,719
Other Assets in Excess of
Liabilities — 0.0%
  393,949
NET ASSETS — 100.0%   $1,722,896,668
 
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
MSCI EAFE Index   12/2021   33   $3,740,550   $(176,341)
MSCI Emerging Markets   12/2021   16   996,480   (46,729)
10-Year U.S. Treasury Note   12/2021   74   9,739,094   (143,574)
S&P 500® E-Mini   12/2021   33   7,091,287   (306,071)
Total Futures Contracts outstanding at September 30, 2021           $21,567,411   $(672,715)
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
4

MYDESTINATION 2035 FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
MUTUAL FUNDS — 98.0%
GuideStone Medium-Duration Bond Fund
(Institutional Class)∞
18,218,362   $276,554,741
GuideStone Global Bond Fund
(Institutional Class)∞
6,711,910   67,454,697
GuideStone Defensive Market Strategies® Fund
(Institutional Class)∞
6,664,749   98,571,639
GuideStone Equity Index Fund
(Institutional Class)∞
10,533,883   490,036,255
GuideStone Small Cap Equity Fund
(Institutional Class)∞
2,849,904   61,928,419
GuideStone International Equity Index Fund
(Institutional Class)∞
16,858,787   208,880,375
GuideStone Emerging Markets Equity Fund
(Institutional Class)∞
7,342,140   89,794,368
GuideStone Global Real Estate Securities Fund
(Institutional Class)∞
1,794,020   19,483,062
    Shares   Value
GuideStone Strategic Alternatives Fund
(Institutional Class)∞
408,603   $4,163,664
Total Mutual Funds
(Cost $1,103,109,930)
  1,316,867,220
MONEY MARKET FUNDS — 1.9%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
(Cost $25,367,508)
25,367,508   25,367,508
TOTAL INVESTMENTS99.9%
(Cost $1,128,477,438)
    1,342,234,728
Other Assets in Excess of
Liabilities — 0.1%
    781,813
NET ASSETS — 100.0%     $1,343,016,541
 
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
MSCI EAFE Index   12/2021   52   $5,894,200   $(260,000)
MSCI Emerging Markets   12/2021   25   1,557,000   (66,773)
10-Year U.S. Treasury Note   12/2021   55   7,238,516   (91,498)
S&P 500 ® E-Mini   12/2021   52   11,174,150   (469,797)
Total Futures Contracts outstanding at September 30, 2021           $25,863,866   $(888,068)
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
5

MYDESTINATION 2045 FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
MUTUAL FUNDS — 97.6%
GuideStone Medium-Duration Bond Fund
(Institutional Class)∞
6,529,174   $99,112,865
GuideStone Global Bond Fund
(Institutional Class)∞
2,435,547   24,477,250
GuideStone Defensive Market Strategies® Fund
(Institutional Class)∞
3,407,530   50,397,368
GuideStone Equity Index Fund
(Institutional Class)∞
10,129,771   471,236,965
GuideStone Small Cap Equity Fund
(Institutional Class)∞
2,752,886   59,820,212
GuideStone International Equity Index Fund
(Institutional Class)∞
15,952,191   197,647,648
GuideStone Emerging Markets Equity Fund
(Institutional Class)∞
6,940,606   84,883,609
    Shares   Value
GuideStone Global Real Estate Securities Fund
(Institutional Class)∞
1,638,350   $17,792,475
Total Mutual Funds
(Cost $804,235,550)
  1,005,368,392
MONEY MARKET FUNDS — 2.3%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
(Cost $23,895,200)
23,895,200   23,895,200
TOTAL INVESTMENTS99.9%
(Cost $828,130,750)
    1,029,263,592
Other Assets in Excess of
Liabilities — 0.1%
    887,419
NET ASSETS — 100.0%     $1,030,151,011
 
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
MSCI EAFE Index E-mini   12/2021   53   $6,007,550   $(282,746)
MSCI Emerging Markets E-Mini   12/2021   23   1,432,440   (67,431)
10-Year U.S. Treasury Note   12/2021   24   3,158,625   (45,776)
S&P 500® E-Mini   12/2021   55   11,818,813   (510,118)
Total Futures Contracts outstanding at September 30, 2021           $22,417,428   $(906,071)
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
6

MYDESTINATION 2055 FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
MUTUAL FUNDS — 98.0%
GuideStone Medium-Duration Bond Fund
(Institutional Class)∞
1,521,312   $23,093,512
GuideStone Global Bond Fund
(Institutional Class)∞
574,102   5,769,727
GuideStone Defensive Market Strategies® Fund
(Institutional Class)∞
1,321,075   19,538,707
GuideStone Equity Index Fund
(Institutional Class)∞
4,148,767   193,000,637
GuideStone Small Cap Equity Fund
(Institutional Class)∞
1,098,585   23,872,263
GuideStone International Equity Index Fund
(Institutional Class)∞
6,653,750   82,439,957
GuideStone Emerging Markets Equity Fund
(Institutional Class)∞
2,902,067   35,492,276
    Shares   Value
GuideStone Global Real Estate Securities Fund
(Institutional Class)∞
663,379   $7,204,300
Total Mutual Funds
(Cost $317,854,709)
  390,411,379
MONEY MARKET FUNDS — 2.4%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
(Cost $9,602,192)
9,602,192   9,602,192
TOTAL INVESTMENTS100.4%
(Cost $327,456,901)
    400,013,571
Liabilities in Excess of Other
Assets — (0.4)%
    (1,552,583)
NET ASSETS — 100.0%     $398,460,988
 
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
MSCI EAFE Index   12/2021   19   $2,153,650   $(64,262)
MSCI Emerging Markets   12/2021   10   622,800   (12,720)
10-Year U.S. Treasury Note   12/2021   6   789,656   (9,154)
S&P 500® E-Mini   12/2021   20   4,297,750   (145,843)
Total Futures Contracts outstanding at September 30, 2021           $7,863,856   $(231,979)
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
7

CONSERVATIVE ALLOCATION FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
MUTUAL FUNDS — 98.6%
GuideStone Low-Duration Bond Fund
(Institutional Class)∞
19,803,727   $269,726,761
GuideStone Medium-Duration Bond Fund
(Institutional Class)∞
4,706,248   71,440,851
GuideStone Global Bond Fund
(Institutional Class)∞
1,769,857   17,787,061
GuideStone Defensive Market Strategies® Fund
(Institutional Class)∞
2,878,380   42,571,244
GuideStone Global Impact Fund
(Institutional Class)∞
1,600,000   16,896,000
GuideStone Value Equity Fund
(Institutional Class)∞
1,329,927   28,952,510
GuideStone Growth Equity Fund
(Institutional Class)∞
851,277   28,568,852
GuideStone Small Cap Equity Fund
(Institutional Class)∞
276,964   6,018,437
GuideStone International Equity Fund
(Institutional Class)∞
1,897,692   29,679,903
GuideStone Emerging Markets Equity Fund
(Institutional Class)∞
996,187   12,183,366
    Shares   Value
GuideStone Global Real Estate Securities Fund
(Institutional Class)∞
613,247   $6,659,862
GuideStone Strategic Alternatives Fund
(Institutional Class)∞
2,783,565   28,364,522
Total Mutual Funds
(Cost $523,034,915)
  558,849,369
MONEY MARKET FUNDS — 1.5%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
(Cost $8,440,513)
8,440,513   8,440,513
TOTAL INVESTMENTS100.1%
(Cost $531,475,428)
    567,289,882
Liabilities in Excess of Other
Assets — (0.1)%
    (830,299)
NET ASSETS — 100.0%     $566,459,583
 
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
MSCI EAFE Index   12/2021   5   $566,750   $(22,547)
MSCI Emerging Markets   12/2021   4   249,120   (10,978)
2-Year U.S. Treasury Note   12/2021   37   8,142,023   (7,731)
S&P 500® E-Mini   12/2021   6   1,289,325   (42,204)
Total Futures Contracts outstanding at September 30, 2021           $10,247,218   $(83,460)
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
8

BALANCED ALLOCATION FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
MUTUAL FUNDS — 97.8%
GuideStone Low-Duration Bond Fund
(Institutional Class)∞
5,010,250   $68,239,601
GuideStone Medium-Duration Bond Fund
(Institutional Class)∞
31,941,108   484,866,017
GuideStone Global Bond Fund
(Institutional Class)∞
13,719,354   137,879,505
GuideStone Defensive Market Strategies® Fund
(Institutional Class)∞
12,343,525   182,560,736
GuideStone Global Impact Fund
(Institutional Class)∞
6,600,000   69,696,000
GuideStone Value Equity Fund
(Institutional Class)∞
7,710,154   167,850,043
GuideStone Growth Equity Fund
(Institutional Class)∞
4,974,362   166,939,573
GuideStone Small Cap Equity Fund
(Institutional Class)∞
1,532,662   33,304,751
GuideStone International Equity Fund
(Institutional Class)∞
10,783,465   168,653,388
GuideStone Emerging Markets Equity Fund
(Institutional Class)∞
5,603,168   68,526,744
    Shares   Value
GuideStone Global Real Estate Securities Fund
(Institutional Class)∞
3,155,297   $34,266,522
GuideStone Strategic Alternatives Fund
(Institutional Class)∞
6,610,472   67,360,711
Total Mutual Funds
(Cost $1,493,786,019)
  1,650,143,591
MONEY MARKET FUNDS — 2.2%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
(Cost $37,398,958)
37,398,958   37,398,958
TOTAL INVESTMENTS100.0%
(Cost $1,531,184,977)
    1,687,542,549
Other Assets in Excess of
Liabilities — 0.0%
    158,541
NET ASSETS — 100.0%     $1,687,701,090
 
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
MSCI EAFE Index   12/2021   51   $5,780,850   $(274,386)
MSCI Emerging Markets   12/2021   37   2,304,360   (107,985)
10-Year U.S. Treasury Note   12/2021   35   4,606,328   (64,072)
U.S. Treasury Long Bond   12/2021   33   5,254,219   (151,275)
5-Year U.S. Treasury Note   12/2021   55   6,750,820   (42,802)
S&P 500® E-Mini   12/2021   56   12,033,700   (519,393)
Total Futures Contracts outstanding at September 30, 2021           $36,730,277   $(1,159,913)
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
9

GROWTH ALLOCATION FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
MUTUAL FUNDS — 97.6%
GuideStone Low-Duration Bond Fund
(Institutional Class)∞
1,823,936   $24,842,003
GuideStone Medium-Duration Bond Fund
(Institutional Class)∞
11,123,678   168,857,437
GuideStone Global Bond Fund
(Institutional Class)∞
4,805,686   48,297,142
GuideStone Defensive Market Strategies® Fund
(Institutional Class)∞
4,381,619   64,804,147
GuideStone Global Impact Fund
(Institutional Class)∞
5,261,625   55,562,758
GuideStone Value Equity Fund
(Institutional Class)∞
11,392,781   248,020,833
GuideStone Growth Equity Fund
(Institutional Class)∞
7,309,677   245,312,760
GuideStone Small Cap Equity Fund
(Institutional Class)∞
2,242,309   48,725,381
GuideStone International Equity Fund
(Institutional Class)∞
16,250,582   254,159,097
GuideStone Emerging Markets Equity Fund
(Institutional Class)∞
8,724,715   106,703,265
    Shares   Value
GuideStone Global Real Estate Securities Fund
(Institutional Class)∞
3,832,381   $41,619,663
GuideStone Strategic Alternatives Fund
(Institutional Class)∞
3,391,897   34,563,432
Total Mutual Funds
(Cost $1,182,392,032)
  1,341,467,918
MONEY MARKET FUNDS — 2.3%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
(Cost $31,737,371)
31,737,371   31,737,371
TOTAL INVESTMENTS99.9%
(Cost $1,214,129,403)
    1,373,205,289
Other Assets in Excess of
Liabilities — 0.1%
    754,807
NET ASSETS — 100.0%     $1,373,960,096
 
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
MSCI EAFE Index   12/2021   64   $7,254,400   $(341,957)
MSCI Emerging Markets   12/2021   47   2,927,160   (136,415)
10-Year U.S. Treasury Note   12/2021   14   1,842,531   (26,067)
U.S. Treasury Long Bond   12/2021   13   2,069,844   (61,523)
5-Year U.S. Treasury Note   12/2021   22   2,700,328   (17,177)
S&P 500® E-Mini   12/2021   71   15,257,013   (658,516)
Total Futures Contracts outstanding at September 30, 2021           $32,051,276   $(1,241,655)
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
10

AGGRESSIVE ALLOCATION FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
MUTUAL FUNDS — 97.6%
GuideStone Value Equity Fund
(Institutional Class)∞
14,758,026   $321,282,218
GuideStone Growth Equity Fund
(Institutional Class)∞
9,513,208   319,263,270
GuideStone Small Cap Equity Fund
(Institutional Class)∞
2,903,802   63,099,622
GuideStone International Equity Fund
(Institutional Class)∞
21,058,812   329,359,819
GuideStone Emerging Markets Equity Fund
(Institutional Class)∞
11,270,192   137,834,449
Total Mutual Funds
(Cost $999,538,627)
  1,170,839,378
    Shares   Value
MONEY MARKET FUNDS — 2.3%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
(Cost $27,632,395)
27,632,395   $27,632,395
TOTAL INVESTMENTS99.9%
(Cost $1,027,171,022)
    1,198,471,773
Other Assets in Excess of
Liabilities — 0.1%
    680,419
NET ASSETS — 100.0%     $1,199,152,192
 
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
MSCI EAFE Index   12/2021   69   $7,821,150   $(367,226)
MSCI Emerging Markets   12/2021   55   3,425,400   (160,084)
S&P 500® E-Mini   12/2021   79   16,976,113   (732,715)
Total Futures Contracts outstanding at September 30, 2021           $28,222,663   $(1,260,025)
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
11

LOW-DURATION BOND FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Par   Value
AGENCY OBLIGATIONS — 2.6%
Federal Home Loan Bank        
0.90%, 02/26/27 $3,300,000   $3,267,711
0.92%, 02/26/27 3,300,000   3,270,514
Federal Home Loan Mortgage Corporation        
0.80%, 10/27/26 3,000,000   2,963,599
0.80%, 10/28/26 4,000,000   3,969,360
Federal National Mortgage Association        
0.70%, 07/30/25 6,000,000   5,986,469
0.88%, 12/18/26 8,700,000   8,609,676
Total Agency Obligations
(Cost $28,297,183)
    28,067,329
ASSET-BACKED SECURITIES — 16.9%
Adams Mill CLO, Ltd., Series 2014-1A, Class A2R      
(Floating, ICE LIBOR USD 3M + 1.10%), 1.23%, 07/15/26 144A † 64,114   64,146
AIMCO CLO, Series 2017-AA, Class AR      
(Floating, ICE LIBOR USD 3M + 1.05%, 1.05% Floor), 1.18%, 04/20/34 144A † 1,000,000   995,378
Ally Auto Receivables Trust, Series 2019-3, Class A3      
1.93%, 05/15/24 647,158   652,606
AmeriCredit Automobile Receivables Trust, Series 2020-2, Class B      
0.97%, 02/18/26 180,000   181,282
AMMC CLO XIII, Ltd., Series 2013-13A, Class A1R2      
(Floating, ICE LIBOR USD 3M + 1.05%), 1.18%, 07/24/29 144A † 2,000,000   2,001,731
AMSR Trust, Series 2020-SFR5, Class A      
1.38%, 11/17/37 144A 1,350,000   1,347,041
Anchorage Capital CLO 7, Ltd., Series 2015-7A, Class CR2      
(Floating, ICE LIBOR USD 3M + 2.20%, 2.20% Floor), 2.33%, 01/28/31 144A † 450,000   449,999
Apidos CLO XXI, Series 2015-21A, Class A1R      
(Floating, ICE LIBOR USD 3M + 0.93%, 0.93% Floor), 1.06%, 07/18/27 144A † 1,702,850   1,703,526
Apidos CLO XXII, Series 2015-22A, Class A2R      
(Floating, ICE LIBOR USD 3M + 1.50%), 1.63%, 04/20/31 144A † 250,000   250,011
Arbor Realty Commercial Real Estate Notes, Ltd., Series 2021-FL2, Class A      
(Floating, ICE LIBOR USD 1M + 1.10%, 1.10% Floor), 1.18%, 05/15/36 144A † 2,350,000   2,355,830
    Par   Value
Barings CLO, Ltd., Series 2013-IA, Class AR      
(Floating, ICE LIBOR USD 3M + 0.80%, 0.80% Floor), 0.93%, 01/20/28 144A † $1,029,729   $1,030,111
BDS, Ltd., Series 2020-FL5, Class A      
(Floating, U.S. 30-Day Average SOFR + 1.26%, 1.15% Floor), 1.31%, 02/16/37 144A † 750,000   750,840
BDS, Ltd., Series 2021-FL7, Class A      
(Floating, ICE LIBOR USD 1M + 1.07%, 1.07% Floor), 1.15%, 06/16/36 144A † 1,450,000   1,451,812
Bear Stearns Asset Backed Securities I Trust, Series 2007-HE7, Class 1A1      
(Floating, ICE LIBOR USD 1M + 1.00%, 1.00% Floor), 1.09%, 10/25/37† 89,396   89,530
Bear Stearns Asset Backed Securities Trust, Series 2004-SD1, Class A2      
(Floating, ICE LIBOR USD 1M + 0.90%, 0.90% Floor, 11.00% Cap), 0.99%, 12/25/42† 10,831   10,815
Benefit Street Partners CLO II, Ltd., Series 2013-IIA, Class A2R2      
(Floating, ICE LIBOR USD 3M + 1.45%, 1.45% Floor), 1.58%, 07/15/29 144A † 300,000   299,986
BMW Canada Auto Trust, Series 2021-1A, Class A2      
0.50%, 07/20/24(C)  144A 1,500,000   1,179,323
BRSP, Ltd., Series 2021-FL1, Class A      
(Floating, ICE LIBOR USD 1M + 1.15%, 1.15% Floor), 1.24%, 08/19/38 144A † 2,600,000   2,603,900
BSPRT Issuer, Ltd., Series 2018-FL4 , Class AS      
(Floating, ICE LIBOR USD 1M + 1.30%, 1.30% Floor), 1.38%, 09/15/35 144A † 1,520,000   1,521,804
CARS-DB4 LP, Series 2020-1A, Class A1      
2.69%, 02/15/50 144A 317,457   326,015
CARS-DB5 LP, Series 2021-1A, Class A1      
1.44%, 08/15/51 144A 2,024,478   2,014,630
Cedar Funding VI CLO, Ltd., Series 2016-6A, Class ARR      
(Floating, ICE LIBOR USD 3M + 1.05%, 1.05% Floor), 1.18%, 04/20/34 144A † 1,490,000   1,486,434
Chesapeake Funding II LLC, Series 2019-1A, Class B      
3.11%, 04/15/31 144A 240,000   243,407
Chesapeake Funding II LLC, Series 2019-1A, Class C      
3.36%, 04/15/31 144A 230,000   233,460
Chesapeake Funding II LLC, Series 2019-1A, Class D      
3.80%, 04/15/31 144A 370,000   376,373
 
12

    Par   Value
Chesapeake Funding II LLC, Series 2020-1A, Class B      
1.24%, 08/16/32 144A $100,000   $101,134
CIFC Funding 2015-II, Ltd., Series 2015-2A, Class AR2      
(Floating, ICE LIBOR USD 3M + 1.01%, 1.01% Floor), 1.14%, 04/15/30 144A † 1,000,000   1,000,293
CIFC Funding, Ltd., Series 2014-4RA, Class A1A      
(Floating, ICE LIBOR USD 3M + 1.13%, 1.13% Floor), 1.26%, 10/17/30 144A † 345,000   345,112
CIFC Funding, Ltd., Series 2018-3A, Class A      
(Floating, ICE LIBOR USD 3M + 1.10%), 1.23%, 07/18/31 144A † 500,000   500,092
CLNC, Ltd., Series 2019-FL1, Class A      
(Floating, U.S. 30-Day Average SOFR + 1.36%, 1.25% Floor), 1.41%, 08/20/35 144A † 1,290,000   1,289,654
CNH Capital Canada Receivables Trust, Series 2021-1A, Class A1      
0.39%, 03/15/24(C)  144A 1,051,240   829,796
CNH Equipment Trust, Series 2018-B, Class A3      
3.19%, 11/15/23 258,970   262,423
CNH Equipment Trust, Series 2019-A, Class A3      
3.01%, 04/15/24 652,208   660,372
College Avenue Student Loans LLC, Series 2021-B, Class A1      
(Floating, ICE LIBOR USD 1M + 0.80%, 0.80% Floor), 0.89%, 06/25/52 144A † 253,708   254,727
Credit Acceptance Auto Loan Trust, Series 2019-1A, Class A      
3.33%, 02/15/28 144A 192,522   193,062
Credit Acceptance Auto Loan Trust, Series 2019-3A, Class A      
2.38%, 11/15/28 144A 580,000   588,359
Credit Acceptance Auto Loan Trust, Series 2020-1A, Class A      
2.01%, 02/15/29 144A 1,290,000   1,308,468
Credit Acceptance Auto Loan Trust, Series 2020-2A, Class A      
1.37%, 07/16/29 144A 300,000   303,108
Credit Acceptance Auto Loan Trust, Series 2021-2A, Class A      
0.96%, 02/15/30 144A 800,000   802,766
CSAB Mortgage-Backed Trust, Series 2006-2, Class A6A      
(Step to 6.21% on 02/25/36), 6.22%, 09/25/36 STEP 264,995   125,024
CWABS, Inc. Asset-Backed Certificates Trust, Series 2004-6, Class 1A1      
(Floating, ICE LIBOR USD 1M + 0.54%, 0.54% Floor), 0.63%, 12/25/34† 663,185   650,860
    Par   Value
DataBank Issuer, Series 2021-1A, Class A2      
2.06%, 02/27/51 144A $650,000   $650,299
Diamond Infrastructure Funding LLC, Series 2021-1A, Class A      
1.76%, 04/15/49 144A 1,650,000   1,629,616
Drive Auto Receivables Trust, Series 2020-1, Class C      
2.36%, 03/16/26 850,000   861,977
Drive Auto Receivables Trust, Series 2020-2, Class B      
1.42%, 03/17/25 400,000   402,267
Drive Auto Receivables Trust, Series 2021-1, Class B      
0.65%, 07/15/25 1,650,000   1,655,090
Dryden 43 Senior Loan Fund, Series 2016-43A, Class AR2      
(Floating, ICE LIBOR USD 3M + 1.04%, 1.04% Floor), 1.17%, 04/20/34 144A † 1,000,000   999,882
Dryden XXV Senior Loan Fund, Series 2012-25A, Class ARR      
(Floating, ICE LIBOR USD 3M + 0.90%), 1.03%, 10/15/27 144A † 1,202,743   1,203,184
Dryden XXVI Senior Loan Fund, Series 2013-26A, Class AR      
(Floating, ICE LIBOR USD 3M + 0.90%), 1.03%, 04/15/29 144A † 983,870   984,207
EDvestinU Private Education Loan Issue No. 1 LLC, Series 2019-A, Class A      
3.58%, 11/25/38 144A 273,230   283,276
EDvestinU Private Education Loan Issue No. 3 LLC, Series 2021-A, Class A      
1.80%, 11/25/45 144A 89,751   89,573
Elevation CLO, Ltd., Series 2017-7A, Class A      
(Floating, ICE LIBOR USD 3M + 1.22%), 1.35%, 07/15/30 144A † 1,500,000   1,500,817
Elmwood CLO II, Ltd., Series 2019-2A, Class AR      
(Floating, ICE LIBOR USD 3M + 1.15%, 1.15% Floor), 1.28%, 04/20/34 144A † 1,700,000   1,699,976
Fairstone Financial Issuance Trust I, Series 2020-1A, Class A      
2.51%, 10/20/39(C)  144A 460,000   365,701
FHLMC Structured Pass-Through Certificates, Series T-32, Class A1      
(Floating, ICE LIBOR USD 1M + 0.26%, 0.26% Floor), 0.35%, 08/25/31† 187,908   183,770
FirstKey Homes Trust, Series 2020-SFR2, Class A      
1.27%, 10/19/37 144A 4,686,630   4,675,670
Ford Auto Securitization Trust, Series 2020-AA, Class A2      
0.89%, 08/15/24(C)  144A 3,200,000   2,532,424
13

LOW-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Ford Credit Auto Lease Trust, Series 2020-A, Class B      
2.05%, 06/15/23 $1,010,000   $1,022,924
FS RIALTO, Series 2021-FL2, Class A      
(Floating, ICE LIBOR USD 1M + 1.22%, 1.22% Floor), 1.30%, 04/16/28 144A † 270,000   270,241
GM Financial Automobile Leasing Trust, Series 2020-1, Class A3      
1.67%, 12/20/22 2,750,915   2,761,572
GM Financial Consumer Automobile Receivables Trust, Series 2020-1, Class B      
2.03%, 04/16/25 390,000   398,887
GM Financial Consumer Automobile Receivables Trust, Series 2020-1, Class C      
2.18%, 05/16/25 300,000   307,070
GMF Canada Leasing Trust, Series 2020-1A, Class A2      
0.91%, 07/20/23(C)  144A 2,860,219   2,262,691
GMF Canada Leasing Trust, Series 2020-1A, Class A3      
1.05%, 11/20/25(C)  144A 1,690,000   1,338,724
GMF Canada Leasing Trust, Series 2021-1A, Class A2      
0.64%, 03/20/24(C)  144A 2,000,000   1,578,273
GMF Floorplan Owner Revolving Trust, Series 2019-2, Class A      
2.90%, 04/15/26 144A 2,000,000   2,112,349
GMF Floorplan Owner Revolving Trust, Series 2020-1, Class A      
0.68%, 08/15/25 144A 1,460,000   1,466,153
Goldentree Loan Management U.S. CLO 1, Ltd., Series 2017-1A, Class A1R2      
(Floating, ICE LIBOR USD 3M + 1.02%, 1.02% Floor), 1.15%, 04/20/34 144A † 348,000   347,181
GoodLeap Sustainable Home Solutions Trust, Series 2021-4GS, Class A      
1.93%, 07/20/48 144A 220,000   219,341
GreatAmerica Leasing Receivables Funding LLC, Series 2019-1, Class A3      
3.05%, 09/15/22 144A 356,400   358,563
GreatAmerica Leasing Receivables Funding LLC, Series 2021-1, Class A3      
0.34%, 08/15/24 144A 1,100,000   1,097,909
Greystone CRE Notes, Ltd., Series 2019-FL2, Class A      
(Floating, ICE LIBOR USD 1M + 1.18%, 1.18% Floor), 1.26%, 09/15/37 144A † 1,770,000   1,769,725
Gulf Stream Meridian 4, Ltd., Series 2021-4A, Class A1      
(Floating, ICE LIBOR USD 3M + 1.20%, 1.20% Floor), 1.31%, 07/15/34 144A † 900,000   900,606
    Par   Value
Harley-Davidson Motorcycle Trust, Series 2020-A, Class A3      
1.87%, 10/15/24 $558,469   $563,341
Hertz Vehicle Financing LLC, Series 2021-1A, Class A      
1.21%, 12/26/25 144A 1,700,000   1,707,922
Hyundai Auto Lease Securitization Trust, Series 2021-C, Class A4      
0.48%, 09/15/25 144A 3,400,000   3,393,965
KKR CLO, Ltd., Series 16, Class A2R      
(Floating, ICE LIBOR USD 3M + 1.80%, 1.80% Floor), 1.93%, 01/20/29 144A † 480,000   480,024
Kubota Credit Owner Trust, Series 2020-2A, Class A3      
0.59%, 10/15/24 144A 1,520,000   1,524,319
LA Arena Funding LLC, Series 1, Class A      
7.66%, 12/15/26 144A 37,977   37,903
LCCM Trust, Series 2021-FL2, Class A      
(Floating, ICE LIBOR USD 1M + 1.20%, 1.20% Floor), 1.28%, 12/13/38 144A † 1,600,000   1,602,501
LCM XX LP, Series 20A, Class AR      
(Floating, ICE LIBOR USD 3M + 1.04%), 1.17%, 10/20/27 144A † 700,540   700,649
Lendmark Funding Trust, Series 2019-2A, Class A      
2.78%, 04/20/28 144A 350,000   357,686
Lendmark Funding Trust, Series 2021-1A, Class A      
1.90%, 11/20/31 144A 280,000   282,058
LoanCore Issuer, Ltd., Series 2018-CRE1, Class A      
(Floating, ICE LIBOR USD 1M + 1.13%, 1.13% Floor), 1.21%, 05/15/28 144A † 191,491   191,664
LoanCore Issuer, Ltd., Series 2021-CRE5, Class A      
(Floating, ICE LIBOR USD 1M + 1.30%, 1.30% Floor), 1.38%, 07/15/36 144A † 2,490,000   2,495,922
Madison Park Funding XIII, Ltd., Series 2014-13A, Class CR2      
(Floating, ICE LIBOR USD 3M + 1.90%), 2.03%, 04/19/30 144A † 400,000   399,481
Madison Park Funding XIX, Ltd., Series 2015-19A, Class A2R2      
(Floating, ICE LIBOR USD 3M + 1.50%, 1.50% Floor), 1.64%, 01/22/28 144A † 600,000   597,613
Madison Park Funding XVII, Ltd., Series 2015-17A, Class AR2      
(Floating, ICE LIBOR USD 3M + 1.00%), 1.13%, 07/21/30 144A † 4,300,000   4,307,194
 
14

    Par   Value
Magnetite VII, Ltd., Series 2012-7A, Class A1R2      
(Floating, ICE LIBOR USD 3M + 0.80%), 0.93%, 01/15/28 144A † $2,854,997   $2,855,970
Magnetite VIII, Ltd., Series 2014-8A, Class AR2      
(Floating, ICE LIBOR USD 3M + 0.98%, 0.98% Floor), 1.11%, 04/15/31 144A † 530,000   531,085
Marathon CRE, Ltd., Series 2018-FL1, Class A      
(Floating, ICE LIBOR USD 1M + 1.15%, 1.15% Floor), 1.23%, 06/15/28 144A † 56,203   56,287
Mariner Finance Issuance Trust, Series 2019-AA, Class A      
2.96%, 07/20/32 144A 308,000   314,097
Mariner Finance Issuance Trust, Series 2020-AA, Class A      
2.19%, 08/21/34 144A 140,000   143,170
Mariner Finance Issuance Trust, Series 2021-AA, Class A      
1.86%, 03/20/36 144A 110,000   111,037
MBarc Credit Canada, Inc., Series 2021-AA, Class A2      
0.63%, 05/15/24(C)  144A 1,700,000   1,339,780
MF1, Ltd., Series 2021-FL6, Class A      
(Floating, ICE LIBOR USD 1M + 1.10%, 1.10% Floor), 1.18%, 07/16/36 144A † 1,300,000   1,302,092
Mill City Mortgage Loan Trust, Series 2016-1, Class A1      
2.50%, 04/25/57 144A 101,065   101,428
MMAF Equipment Finance LLC, Series 2020-A, Class A3      
0.97%, 04/09/27 144A 1,500,000   1,507,946
MMAF Equipment Finance LLC, Series 2020-BA, Class A3      
0.49%, 08/14/25 144A 1,360,000   1,359,235
Navient Private Education Loan Trust, Series 2020-IA, Class A1B      
(Floating, ICE LIBOR USD 1M + 1.00%, 1.00% Floor), 1.08%, 04/15/69 144A † 1,990,551   2,010,576
Navient Private Education Refinancing Loan Trust, Series 2019-CA, Class A2      
3.13%, 02/15/68 144A 291,576   298,942
Navient Private Education Refinancing Loan Trust, Series 2019-EA, Class A2B      
(Floating, ICE LIBOR USD 1M + 0.92%), 1.00%, 05/15/68 144A † 537,005   540,555
Navient Private Education Refinancing Loan Trust, Series 2020-A, Class A2A      
2.46%, 11/15/68 144A 600,000   620,879
    Par   Value
Navient Private Education Refinancing Loan Trust, Series 2020-A, Class A2B      
(Floating, ICE LIBOR USD 1M + 0.90%), 0.98%, 11/15/68 144A † $100,000   $100,882
Navient Private Education Refinancing Loan Trust, Series 2020-DA, Class A      
1.69%, 05/15/69 144A 1,031,708   1,042,564
Navient Private Education Refinancing Loan Trust, Series 2020-FA, Class A      
1.22%, 07/15/69 144A 464,766   467,670
Navient Private Education Refinancing Loan Trust, Series 2020-HA, Class A      
1.31%, 01/15/69 144A 1,628,584   1,640,835
Navient Private Education Refinancing Loan Trust, Series 2021-A, Class A      
0.84%, 05/15/69 144A 660,977   660,564
Navient Private Education Refinancing Loan Trust, Series 2021-CA, Class A      
1.06%, 10/15/69 144A 1,688,957   1,693,301
Navient Private Education Refinancing Loan Trust, Series 2021-DA, Class A      
(Floating, Prime Rate U.S. - 1.99%), 1.26%, 04/15/60 144A † 589,627   590,631
Navient Private Education Refinancing Loan Trust, Series 2021-FA, Class A      
1.11%, 02/18/70 144A 1,700,000   1,699,690
Navient Student Loan Trust, Series 2016-6A, Class A2      
(Floating, ICE LIBOR USD 1M + 0.75%), 0.84%, 03/25/66 144A † 587,141   588,624
Navient Student Loan Trust, Series 2017-2A, Class A      
(Floating, ICE LIBOR USD 1M + 1.05%), 1.14%, 12/27/66 144A † 848,852   863,231
Navient Student Loan Trust, Series 2017-5A, Class A      
(Floating, ICE LIBOR USD 1M + 0.80%), 0.89%, 07/26/66 144A † 874,968   881,039
Navient Student Loan Trust, Series 2018-EA, Class A2      
4.00%, 12/15/59 144A 80,653   83,650
Navient Student Loan Trust, Series 2019-BA, Class A2A      
3.39%, 12/15/59 144A 332,793   346,908
15

LOW-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Nelnet Student Loan Trust, Series 2016-1A, Class A      
(Floating, ICE LIBOR USD 1M + 0.80%), 0.89%, 09/25/65 144A † $850,417   $850,173
Nelnet Student Loan Trust, Series 2021-A, Class APT2      
1.36%, 04/20/62 144A 864,433   865,078
Nelnet Student Loan Trust, Series 2021-BA, Class AFX      
1.42%, 04/20/62 144A 814,784   816,095
Nelnet Student Loan Trust, Series 2021-CA, Class AFL      
(Floating, ICE LIBOR USD 1M + 0.74%), 0.83%, 04/20/62 144A † 660,000   661,727
Neuberger Berman CLO XVI-S, Ltd., Series 2017-16SA, Class AR      
(Floating, ICE LIBOR USD 3M + 1.04%, 1.04% Floor), 1.17%, 04/15/34 144A † 1,145,000   1,142,329
Neuberger Berman Loan Advisers CLO, Ltd., Series 2019-33A, Class AR      
(Floating, ICE LIBOR USD 3M + 1.08%, 1.08% Floor), 1.20%, 10/16/33 144A † 3,450,000   3,450,000
NLY Commercial Mortgage Trust, Series 2019-FL2, Class A      
(Floating, ICE LIBOR USD 1M + 1.30%, 1.30% Floor), 1.38%, 02/15/36 144A † 231,017   231,234
OCP CLO, Ltd., Series 2017-13A, Class A2R      
(Floating, ICE LIBOR USD 3M + 1.55%, 1.55% Floor), 1.67%, 07/15/30 144A † 900,000   900,107
OCP CLO, Ltd., Series 2020-19A, Class BR      
(Floating, ICE LIBOR USD 3M + 1.70%, 1.70% Floor), 1.83%, 10/20/34 144A † 250,000   250,250
Octagon Investment Partners 36, Ltd., Series 2018-1A, Class A1      
(Floating, ICE LIBOR USD 3M + 0.97%), 1.10%, 04/15/31 144A † 500,000   500,103
OHA Credit Funding 2, Ltd., Series 2019-2A , Class AR      
(Floating, ICE LIBOR USD 3M + 1.15%, 1.15% Floor), 1.28%, 04/21/34 144A † 750,000   750,009
OneMain Direct Auto Receivables Trust, Series 2018-1A, Class A      
3.43%, 12/16/24 144A 160,833   161,197
Onemain Financial Issuance Trust, Series 2018-1A, Class A      
3.30%, 03/14/29 144A 105,332   105,620
OZLM Funding IV, Ltd., Series 2013-4A, Class A1R      
(Floating, ICE LIBOR USD 3M + 1.25%), 1.39%, 10/22/30 144A † 981,168   981,659
    Par   Value
Palmer Square CLO, Ltd., Series 2018-1A, Class A1      
(Floating, ICE LIBOR USD 3M + 1.03%, 1.03% Floor), 1.16%, 04/18/31 144A † $1,550,000   $1,551,051
Palmer Square Loan Funding, Ltd., Series 2020-1A, Class A1      
(Floating, ICE LIBOR USD 3M + 0.80%, 0.80% Floor), 0.93%, 02/20/28 144A † 662,088   662,425
PFS Financing Corp, Series 2020-B, Class A      
1.21%, 06/15/24 144A 1,500,000   1,509,897
PFS Financing Corporation, Series 2019-A, Class A1      
(Floating, ICE LIBOR USD 1M + 0.55%), 0.63%, 04/15/24 144A † 390,000   390,902
PFS Financing Corporation, Series 2019-A, Class A2      
2.86%, 04/15/24 144A 1,500,000   1,521,023
PFS Financing Corporation, Series 2020-F, Class A      
0.93%, 08/15/24 144A 684,000   687,762
PFS Financing Corporation, Series 2020-G, Class A      
0.97%, 02/15/26 144A 1,030,000   1,036,676
PFS Financing Corporation, Series 2021-A, Class A      
0.71%, 04/15/26 144A 1,480,000   1,477,993
Prodigy Finance CM DAC, Series 2021-1A, Class A      
(Floating, ICE LIBOR USD 1M + 1.25%), 1.34%, 07/25/51 144A † 223,149   224,078
Regional Management Issuance Trust, Series 2020-1, Class A      
2.34%, 10/15/30 144A 110,000   112,328
Regional Management Issuance Trust, Series 2021-2, Class A      
1.90%, 08/15/33 144A 221,000   219,569
Santander Drive Auto Receivables Trust, Series 2020-2, Class B      
0.96%, 11/15/24 130,000   130,405
Santander Drive Auto Receivables Trust, Series 2020-2, Class C      
1.46%, 09/15/25 440,000   444,697
Securitized Term Auto Receivables Trust, Series 2019-1A, Class A3      
2.99%, 02/27/23 144A 144,979   145,975
Signal Peak CLO 5, Ltd., Series 2018-5A, Class A      
(Floating, ICE LIBOR USD 3M + 1.11%, 1.11% Floor), 1.24%, 04/25/31 144A † 400,000   400,083
Sixth Street CLO XIX, Ltd., Series 2021-19A, Class A      
(Floating, ICE LIBOR USD 3M + 1.10%, 1.10% Floor), 1.23%, 07/20/34 144A † 1,300,000   1,302,468
 
16

    Par   Value
SLM Private Credit Student Loan Trust, Series 2004-A, Class A3      
(Floating, ICE LIBOR USD 3M + 0.40%), 0.52%, 06/15/33† $292,476   $290,096
SLM Private Credit Student Loan Trust, Series 2007-A, Class A4A      
(Floating, ICE LIBOR USD 3M + 0.24%), 0.36%, 12/16/41† 218,385   215,637
SLM Student Loan Trust, Series 2005-8, Class A4      
(Floating, ICE LIBOR USD 3M + 0.55%), 0.68%, 01/25/28† 70,053   70,061
SMB Private Education Loan Trust, Series 2015-C, Class A2A      
2.75%, 07/15/27 144A 66,725   67,177
SMB Private Education Loan Trust, Series 2016-A, Class A2B      
(Floating, ICE LIBOR USD 1M + 1.50%), 1.58%, 05/15/31 144A † 467,432   471,353
SMB Private Education Loan Trust, Series 2018-B, Class A2B      
(Floating, ICE LIBOR USD 1M + 0.72%), 0.80%, 01/15/37 144A † 437,790   439,980
SMB Private Education Loan Trust, Series 2020-A, Class A2A      
2.23%, 09/15/37 144A 1,000,000   1,025,669
SMB Private Education Loan Trust, Series 2020-A, Class A2B      
(Floating, ICE LIBOR USD 1M + 0.83%), 0.91%, 09/15/37 144A † 100,000   100,437
SMB Private Education Loan Trust, Series 2020-PTA, Class A2B      
(Floating, ICE LIBOR USD 1M + 0.85%), 0.94%, 09/15/54 144A † 2,917,030   2,955,879
SMB Private Education Loan Trust, Series 2021-A, Class APL      
0.00%, 01/15/53 144A 937,084   940,191
SMB Private Education Loan Trust, Series 2021-A, Class B      
2.31%, 01/15/53 144A 160,000   162,415
SMB Private Education Loan Trust, Series 2021-B, Class A      
1.31%, 07/17/51 144A 623,078   623,639
SoFi Professional Loan Program LLC, Series 2015-D, Class A2      
2.72%, 10/27/36 144A 288,136   290,108
SoFi Professional Loan Program LLC, Series 2016-A, Class A2      
2.76%, 12/26/36 144A 92,261   92,905
SoFi Professional Loan Program LLC, Series 2016-C, Class A2B      
2.36%, 12/27/32 144A 25,119   25,315
SoFi Professional Loan Program LLC, Series 2016-D, Class A2B      
2.34%, 04/25/33 144A 40,002   40,674
SoFi Professional Loan Program LLC, Series 2016-F, Class A2      
3.02%, 02/25/40 144A 414,334   426,801
    Par   Value
SoFi Professional Loan Program LLC, Series 2019-B, Class A2FX      
3.09%, 08/17/48 144A $148,046   $152,362
SoFi Professional Loan Program Trust, Series 2018-C, Class A2FX      
3.59%, 01/25/48 144A 152,315   157,183
SoFi Professional Loan Program Trust, Series 2020-A, Class A2FX      
2.54%, 05/15/46 144A 490,000   503,218
SoFi Professional Loan Program Trust, Series 2021-B, Class AFX      
1.14%, 02/15/47 144A 2,050,000   2,049,286
SoFi Professional Loan Program, Series 2018-B, Class A2FX      
3.34%, 08/25/47 144A 428,312   439,258
Springleaf Funding Trust, Series 2017-AA, Class A      
2.68%, 07/15/30 144A 59,438   59,521
Stack Infrastructure Issuer LLC, Series 2021-1A, Class A2      
1.88%, 03/26/46 144A 1,600,000   1,599,366
Structured Asset Securities Corporation Mortgage Loan Trust, Series 2005-7XS, Class 2A1A      
(Floating, ICE LIBOR USD 1M + 1.50%, 1.50% Floor), 1.59%, 04/25/35† 123,509   124,879
STWD, Ltd., Series 2019-FL1, Class A      
(Floating, U.S. 30-Day Average SOFR + 1.19%, 1.08% Floor), 1.24%, 07/15/38 144A † 1,330,000   1,330,401
TCI-Symphony CLO, Ltd., Series 2017-1A, Class AR      
(Floating, ICE LIBOR USD 3M + 0.93%, 0.93% Floor), 1.05%, 07/15/30 144A † 3,100,000   3,100,000
THL Credit Wind River CLO, Ltd., Series 2019-3A, Class AR      
(Floating, ICE LIBOR USD 3M + 1.08%, 1.08% Floor), 1.16%, 04/15/31 144A † 2,950,000   2,958,765
TICP CLO VI, Ltd., Series 2016-6A, Class AR2      
(Floating, ICE LIBOR USD 3M + 1.12%, 1.12% Floor), 1.25%, 01/15/34 144A † 1,000,000   999,953
Towd Point Mortgage Trust, Series 2016-3, Class A1      
2.25%, 04/25/56 144A 64,449   64,662
Towd Point Mortgage Trust, Series 2019-MH1, Class A1      
3.00%, 11/25/58 144A 417,221   423,506
Towd Point Mortgage Trust, Series 2019-SJ3, Class A1      
3.00%, 11/25/59 144A 523,398   524,668
Towd Point Mortgage Trust, Series 2020-1, Class A1      
2.71%, 01/25/60 144A † γ 794,683   816,018
Towd Point Mortgage Trust, Series 2020-2, Class A1A      
1.64%, 04/25/60 144A 2,260,548   2,279,903
17

LOW-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Transportation Finance Equipment Trust, Series 2019-1, Class A3      
1.85%, 04/24/23 144A $469,477   $473,021
TRESTLES CLO, Ltd., Series 2017-1A, Class A1R      
(Floating, ICE LIBOR USD 3M + 0.99%, 0.99% Floor), 1.12%, 04/25/32 144A † 550,000   550,007
Trillium Credit Card Trust II, Series 2020-1A, Class B      
2.33%, 12/26/24 144A 215,000   216,026
TRP - TRIP Rail Master Funding LLC, Series 2021-2, Class A      
2.15%, 06/19/51 144A 1,734,761   1,751,267
TRTX Issuer, Ltd., Series 2019-FL3, Class A      
(Floating, U.S. 30-Day Average SOFR + 1.26%, 1.15% Floor), 1.31%, 10/15/34 144A † 1,870,000   1,871,457
Tryon Park CLO, Ltd., Series 2013-1A, Class A1SR      
(Floating, ICE LIBOR USD 3M + 0.89%), 1.02%, 04/15/29 144A † 2,939,732   2,941,026
USQ Rail II LLC, Series 2021-3, Class A      
2.21%, 06/28/51 144A 1,581,199   1,593,349
VB-S1 Issuer LLC, Series 2020-1A, Class C2      
3.03%, 06/15/50 144A 670,000   699,311
Venture XVII CLO, Ltd., Series 2014-17A, Class ARR      
(Floating, ICE LIBOR USD 3M + 0.88%), 1.01%, 04/15/27 144A † 295,064   295,210
Verizon Owner Trust, Series 2020-A, Class A1A      
1.85%, 07/22/24 420,000   425,589
Volvo Financial Equipment LLC, Series 2019-1A, Class A3      
3.00%, 03/15/23 144A 426,345   428,913
Westlake Automobile Receivables Trust, Series 2018-3A, Class D      
4.00%, 10/16/23 144A 260,965   263,649
Westlake Automobile Receivables Trust, Series 2020-1A, Class C      
2.52%, 04/15/25 144A 620,000   632,732
Westlake Automobile Receivables Trust, Series 2020-2A, Class B      
1.32%, 07/15/25 144A 910,000   917,132
Wingstop Funding LLC, Series 2020-1A, Class A2      
2.84%, 12/05/50 144A 1,044,750   1,079,765
World Omni Select Auto Trust, Series 2020-A, Class A3      
0.55%, 07/15/25 810,000   811,638
World Omni Select Auto Trust, Series 2021-A, Class A3      
0.53%, 03/15/27 3,150,000   3,146,586
Total Asset-Backed Securities
(Cost $179,838,000)
    180,560,965
    Par   Value
CORPORATE BONDS — 20.4%
3M Co.      
2.65%, 04/15/25 $80,000   $84,494
7-Eleven, Inc.      
0.95%, 02/10/26 144A 1,710,000   1,680,138
ADT Security Corporation (The)      
4.13%, 06/15/23Δ 180,000   188,554
AES Corporation (The)      
1.38%, 01/15/26 1,700,000   1,678,797
Air Lease Corporation      
2.63%, 07/01/22 150,000   152,129
2.25%, 01/15/23 1,355,000   1,384,896
2.75%, 01/15/23 175,000   179,681
0.80%, 08/18/24 490,000   487,238
1.88%, 08/15/26 200,000   199,406
Alexander Funding Trust      
1.84%, 11/15/23 144A 1,355,000   1,381,506
Ally Financial, Inc.      
4.13%, 02/13/22 1,700,000   1,722,741
1.45%, 10/02/23 2,135,000   2,167,229
3.88%, 05/21/24 400,000   430,403
Ameren Corporation      
2.50%, 09/15/24 610,000   637,818
American Electric Power Co., Inc.      
0.75%, 11/01/23 180,000   180,015
American Tower Corporation REIT      
0.60%, 01/15/24Δ 1,300,000   1,297,812
2.40%, 03/15/25 215,000   223,629
1.30%, 09/15/25 190,000   190,147
1.60%, 04/15/26 570,000   572,563
0.45%, 01/15/27(E) 205,000   237,362
0.40%, 02/15/27(E) 100,000   115,997
Ares Capital Corporation      
3.63%, 01/19/22Δ 1,240,000   1,248,208
AT&T, Inc.      
1.05%, 09/05/23(E) 290,000   343,829
(Floating, Australian BBSW 3M + 1.25%), 1.26%, 09/19/23(A) † 1,240,000   907,655
0.90%, 03/25/24 1,295,000   1,297,136
Athene Global Funding      
2.80%, 05/26/23 144A Δ 820,000   850,994
1.20%, 10/13/23 144A 725,000   734,430
Atmos Energy Corporation      
0.63%, 03/09/23 470,000   470,018
Aviation Capital Group LLC      
2.88%, 01/20/22 144A 1,000,000   1,005,256
4.38%, 01/30/24 144A 1,000,000   1,068,099
1.95%, 01/30/26 144A 285,000   284,106
1.95%, 09/20/26 144A 345,000   341,487
Bank of America Corporation      
(Variable, CAD Offered Rate 3M + 0.82%), 3.30%, 04/24/24(C) ^ 2,000,000   1,636,878
(Variable, U.S. SOFR + 0.74%), 0.81%, 10/24/24^ 1,850,000   1,856,773
(Variable, U.S. SOFR + 0.69%), 0.98%, 04/22/25Δ ^ 1,555,000   1,563,795
 
18

    Par   Value
(Variable, U.S. SOFR + 1.01%), 1.20%, 10/24/26Δ ^ $445,000   $441,827
(Variable, U.S. SOFR + 0.91%), 1.66%, 03/11/27^ 1,000,000   1,006,122
(Variable, U.S. SOFR + 0.96%), 1.73%, 07/22/27^ 725,000   728,465
Becton Dickinson Euro Finance S.a.r.l.      
0.63%, 06/04/23(E) 900,000   1,055,963
1.21%, 06/04/26(E) 120,000   145,119
Becton, Dickinson and Co.      
0.03%, 08/13/25(E) 100,000   115,744
Berry Global, Inc.      
0.95%, 02/15/24 144A 1,035,000   1,037,463
1.57%, 01/15/26 144A 1,600,000   1,601,584
Boeing Co. (The)      
4.51%, 05/01/23 3,000,000   3,170,151
1.43%, 02/04/24 1,970,000   1,973,055
2.20%, 02/04/26 200,000   201,519
Booking Holdings, Inc.      
0.10%, 03/08/25(E) Δ 160,000   185,984
Brighthouse Financial Global Funding      
1.00%, 04/12/24 144A 330,000   331,753
Broadcom, Inc.      
4.70%, 04/15/25 690,000   769,010
3.15%, 11/15/25 750,000   801,923
Brunswick Corporation      
0.85%, 08/18/24 1,045,000   1,045,220
Calpine Corporation      
5.25%, 06/01/26 144A 135,000   139,047
Cantor Fitzgerald LP      
6.50%, 06/17/22 144A 750,000   780,631
Capital One Financial Corporation      
0.80%, 06/12/24(E) 900,000   1,064,863
CCO Holdings LLC      
5.13%, 05/01/27 144A 400,000   417,024
CDK Global, Inc.      
4.88%, 06/01/27 125,000   131,060
CDW LLC      
5.50%, 12/01/24 275,000   303,188
CenterPoint Energy Resources Corporation      
(Floating, ICE LIBOR USD 3M + 0.50%), 0.62%, 03/02/23† 300,000   300,050
0.70%, 03/02/23 805,000   805,047
Charter Communications Operating LLC      
4.46%, 07/23/22 500,000   512,763
4.50%, 02/01/24 2,700,000   2,921,801
Cheniere Corpus Christi Holdings LLC      
5.88%, 03/31/25 630,000   711,903
CIT Bank NA      
(Variable, U.S. SOFR + 1.72%), 2.97%, 09/27/25^ 440,000   463,034
CIT Group, Inc.      
5.00%, 08/15/22 750,000   777,188
    Par   Value
Citigroup, Inc.      
(Variable, ICE LIBOR USD 3M + 0.72%), 3.14%, 01/24/23^ $1,850,000   $1,865,658
(Floating, ICE LIBOR USD 3M + 1.02%), 1.14%, 06/01/24† Δ 1,000,000   1,013,606
(Variable, U.S. SOFR + 0.69%), 0.78%, 10/30/24Δ ^ 1,775,000   1,782,143
(Variable, U.S. SOFR + 0.67%), 0.98%, 05/01/25^ 1,980,000   1,986,889
(Variable, U.S. SOFR + 2.84%), 3.11%, 04/08/26^ 525,000   557,601
(Variable, U.S. SOFR + 0.77%), 1.46%, 06/09/27Δ ^ 465,000   462,536
Citrix Systems, Inc.      
1.25%, 03/01/26 600,000   590,472
CNH Industrial Capital LLC      
3.88%, 10/15/21 145,000   145,158
1.95%, 07/02/23 590,000   603,266
CommonSpirit Health      
1.55%, 10/01/25 800,000   803,785
Crown Americas LLC      
4.75%, 02/01/26 150,000   154,778
Crown Castle International Corporation REIT      
1.35%, 07/15/25Δ 335,000   336,762
CrownRock LP      
5.63%, 10/15/25 144A 500,000   512,350
Daimler Finance North America LLC      
(Floating, ICE LIBOR USD 3M + 0.90%), 1.02%, 02/15/22 144A † 1,000,000   1,003,204
2.55%, 08/15/22 144A Δ 1,000,000   1,019,642
0.75%, 03/01/24 144A Δ 1,790,000   1,793,774
Dell International LLC      
5.45%, 06/15/23 1,200,000   1,287,396
Devon Energy Corporation      
5.25%, 09/15/24 144A 915,000   1,013,858
Diamondback Energy, Inc.      
0.90%, 03/24/23 775,000   774,943
4.75%, 05/31/25 700,000   782,322
Discover Bank      
3.35%, 02/06/23 1,590,000   1,647,569
Dollar Tree, Inc.      
3.70%, 05/15/23 1,100,000   1,153,356
Endeavor Energy Resources LP      
6.63%, 07/15/25 144A 150,000   158,250
Energy Transfer LP      
3.60%, 02/01/23 105,000   108,281
4.25%, 03/15/23 1,880,000   1,960,265
2.90%, 05/15/25 260,000   272,638
Entergy Louisiana LLC      
0.95%, 10/01/24 1,030,000   1,030,396
EQM Midstream Partners LP      
6.50%, 07/01/27 144A 330,000   371,580
Equinix, Inc. REIT      
2.63%, 11/18/24 1,185,000   1,241,386
1.25%, 07/15/25 345,000   343,792
19

LOW-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Equitable Financial Life Global Funding      
1.00%, 01/09/26 144A $1,600,000   $1,571,370
Evergy, Inc.      
2.45%, 09/15/24 1,020,000   1,066,723
F&G Global Funding      
0.90%, 09/20/24 144A 1,860,000   1,857,024
Fidelity National Information Services, Inc.      
0.13%, 12/03/22(E) 300,000   349,104
0.75%, 05/21/23(E) 1,050,000   1,234,459
0.60%, 03/01/24Δ 445,000   444,479
FirstEnergy Corporation      
3.35%, 07/15/22 2,357,000   2,387,877
4.75%, 03/15/23 570,000   593,587
Fiserv, Inc.      
1.13%, 07/01/27(E) 180,000   217,790
Ford Motor Credit Co. LLC      
(Floating, ICE LIBOR USD 3M + 0.88%), 1.00%, 10/12/21† 1,200,000   1,200,009
5.60%, 01/07/22 1,800,000   1,823,760
4.14%, 02/15/23 345,000   354,125
3.37%, 11/17/23 750,000   769,613
5.58%, 03/18/24 300,000   322,827
5.13%, 06/16/25 640,000   696,000
FS KKR Capital Corporation      
4.75%, 05/15/22 1,000,000   1,022,078
4.25%, 02/14/25 144A 880,000   929,937
GA Global Funding Trust      
1.63%, 01/15/26 144A 400,000   403,744
GATX Corporation      
(Floating, ICE LIBOR USD 3M + 0.72%), 0.84%, 11/05/21† 500,000   500,369
General Mills, Inc.      
0.45%, 01/15/26(E) 100,000   117,812
General Motors Co.      
5.40%, 10/02/23 230,000   250,909
General Motors Financial Co., Inc.      
4.20%, 11/06/21 395,000   396,400
(Floating, ICE LIBOR USD 3M + 1.55%), 1.68%, 01/14/22† 590,000   592,201
(Floating, ICE LIBOR USD 3M + 1.31%), 1.44%, 06/30/22† 344,000   346,651
1.05%, 03/08/24 675,000   678,094
Glencore Funding LLC      
4.63%, 04/29/24 144A 1,800,000   1,962,129
3.88%, 10/27/27 200,000   218,570
Global Payments, Inc.      
1.20%, 03/01/26 1,000,000   990,340
Goldman Sachs Group, Inc. (The)      
1.38%, 07/26/22(E) 220,000   258,605
0.48%, 01/27/23 1,900,000   1,900,403
(Floating, 0.55% - Euribor 3M), 0.00%, 04/21/23(E) † 210,000   243,790
(Floating, Australian BBSW 3M + 1.20%), 1.22%, 05/16/23(A) † 2,000,000   1,464,176
(Variable, ICE LIBOR USD 3M + 1.05%), 2.91%, 06/05/23^ 920,000   935,123
    Par   Value
(Variable, U.S. SOFR + 0.54%), 0.63%, 11/17/23Δ ^ $1,250,000   $1,250,735
(Variable, U.S. SOFR + 0.57%), 0.67%, 03/08/24^ 1,830,000   1,832,586
3.50%, 04/01/25 380,000   408,667
(Variable, U.S. SOFR + 0.61%), 0.86%, 02/12/26^ 810,000   802,479
Graphic Packaging International LLC      
0.82%, 04/15/24 144A 735,000   731,277
Gray Oak Pipeline LLC      
2.00%, 09/15/23 144A 445,000   453,705
HCA, Inc.      
5.38%, 02/01/25 525,000   587,344
5.88%, 02/15/26 295,000   338,513
Healthpeak Properties, Inc. REIT      
1.35%, 02/01/27 145,000   143,496
Hilton Domestic Operating Co., Inc.      
5.38%, 05/01/25 144A 500,000   523,125
Hughes Satellite Systems Corporation      
5.25%, 08/01/26Δ 250,000   282,188
Humana, Inc.      
2.90%, 12/15/22 1,700,000   1,748,367
Huntington Ingalls Industries, Inc.      
0.67%, 08/16/23 144A 510,000   509,988
Hyundai Capital America      
1.15%, 11/10/22 144A Δ 3,840,000   3,861,962
1.25%, 09/18/23 144A 900,000   907,959
1.00%, 09/17/24 144A 855,000   852,260
1.65%, 09/17/26 144A 360,000   356,945
Illinois Tool Works, Inc.      
0.25%, 12/05/24(E) 180,000   211,093
Infor, Inc.      
1.45%, 07/15/23 144A Δ 365,000   368,996
International Flavors & Fragrances, Inc.      
0.70%, 09/15/22 144A Δ 315,000   315,994
1.23%, 10/01/25 144A 1,500,000   1,488,227
International Lease Finance Corporation      
8.63%, 01/15/22 1,200,000   1,227,346
5.88%, 08/15/22 500,000   523,040
IQVIA, Inc.      
5.00%, 05/15/27 144A Δ 200,000   207,986
iStar, Inc. REIT      
4.75%, 10/01/24 150,000   158,813
JDE Peet's NV      
0.80%, 09/24/24 144A 430,000   428,907
JPMorgan Chase & Co.      
(Variable, U.S. SOFR + 0.58%), 0.70%, 03/16/24^ 1,825,000   1,830,687
1.50%, 01/27/25(E) 120,000   146,472
(Variable, U.S. SOFR + 0.42%), 0.56%, 02/16/25^ 790,000   786,908
(Variable, U.S. SOFR + 1.16%), 2.30%, 10/15/25^ 290,000   300,882
(Variable, U.S. SOFR + 1.85%), 2.08%, 04/22/26^ 620,000   637,941
 
20

    Par   Value
(Variable, U.S. SOFR + 0.89%), 1.58%, 04/22/27^ $600,000   $601,581
Kinder Morgan, Inc.      
(Floating, ICE LIBOR USD 3M + 1.28%), 1.41%, 01/15/23† 660,000   669,474
Kraft Heinz Foods Co.      
(Floating, ICE LIBOR USD 3M + 0.82%), 0.95%, 08/10/22† 400,000   400,067
3.88%, 05/15/27 650,000   710,120
Lehman Brothers Holdings, Inc.      
6.63%, 01/18/12# 600,000   4,080
Lennar Corporation      
4.13%, 01/15/22 1,250,000   1,251,563
4.50%, 04/30/24 1,000,000   1,082,480
Level 3 Financing, Inc.      
5.25%, 03/15/26 250,000   258,313
Live Nation Entertainment, Inc.      
6.50%, 05/15/27 144A 125,000   137,656
Lumen Technologies, Inc.      
5.13%, 12/15/26 144A 615,000   638,831
4.00%, 02/15/27 144A 300,000   306,915
Marathon Petroleum Corporation      
4.70%, 05/01/25 130,000   145,179
Marsh & McLennan Cos., Inc.      
1.35%, 09/21/26(E) 145,000   177,729
McCormick & Co., Inc.      
2.70%, 08/15/22Δ 200,000   203,781
McDonald’s Corporation      
3.30%, 07/01/25 155,000   166,971
Medtronic Global Holdings SCA      
0.00%, 12/02/22(E) 255,000   296,685
0.00%, 10/15/25(E) 100,000   116,056
Metropolitan Life Global Funding I      
0.70%, 09/27/24 144A Δ 3,000,000   3,004,472
Microchip Technology, Inc.      
2.67%, 09/01/23 745,000   772,655
0.97%, 02/15/24 144A 1,380,000   1,381,307
0.98%, 09/01/24 144A 370,000   369,661
4.25%, 09/01/25 250,000   261,471
MMS U.S.A. Holdings, Inc.      
0.63%, 06/13/25(E) 100,000   118,189
Morgan Stanley      
(Floating, CAD Offered Rate 3M + 0.30%), 0.74%, 02/03/23(C) † 1,500,000   1,188,163
(Variable, U.S. SOFR + 0.46%), 0.53%, 01/25/24^ 1,320,000   1,321,224
1.75%, 03/11/24(E) 205,000   248,681
(Variable, U.S. SOFR + 0.62%), 0.73%, 04/05/24^ 2,000,000   2,007,109
(Variable, ICE LIBOR USD 3M + 0.85%), 3.74%, 04/24/24^ 750,000   787,157
(Variable, U.S. SOFR + 0.51%), 0.79%, 01/22/25^ 1,015,000   1,015,160
(Variable, U.S. SOFR + 1.15%), 2.72%, 07/22/25^ 790,000   828,023
(Variable, U.S. SOFR + 0.75%), 0.86%, 10/21/25^ 525,000   524,110
MUFG Union Bank NA      
2.10%, 12/09/22 1,000,000   1,020,110
    Par   Value
Mylan, Inc.      
3.13%, 01/15/23 144A Δ $1,700,000   $1,756,576
Netflix, Inc.      
5.88%, 02/15/25 200,000   228,196
NextEra Energy Operating Partners LP      
4.25%, 07/15/24 144A 405,000   429,300
NIKE, Inc.      
2.40%, 03/27/25 105,000   110,230
Nissan Motor Acceptance Co. LLC      
(Floating, ICE LIBOR USD 3M + 0.69%), 0.82%, 09/28/22 144A † 300,000   300,686
3.45%, 03/15/23 144A 1,350,000   1,397,948
1.13%, 09/16/24 144A 675,000   673,958
Nordstrom, Inc.      
2.30%, 04/08/24 250,000   250,038
Northwest Airlines Pass-Through Trust, Series 2002-1, Class G2      
6.26%, 11/20/21 18,080   18,315
NRG Energy, Inc.      
6.63%, 01/15/27 106,000   109,943
Nuance Communications, Inc.      
5.63%, 12/15/26 125,000   129,531
OGE Energy Corporation      
0.70%, 05/26/23 380,000   380,040
Oklahoma Gas and Electric Co.      
0.55%, 05/26/23 550,000   550,018
ONE Gas, Inc.      
0.85%, 03/11/23Δ 780,000   780,144
1.10%, 03/11/24 3,500,000   3,500,188
OneMain Finance Corporation      
5.63%, 03/15/23 435,000   458,333
Oracle Corporation      
1.65%, 03/25/26 2,050,000   2,079,989
Owl Rock Capital Corporation      
4.25%, 01/15/26 510,000   547,708
Owl Rock Technology Finance Corporation      
3.75%, 06/17/26 144A 345,000   364,444
Pacific Gas and Electric Co.      
(Floating, ICE LIBOR USD 3M + 1.38%), 1.50%, 11/15/21† 910,000   910,393
(Floating, ICE LIBOR USD 3M + 1.48%), 1.60%, 06/16/22† 1,100,000   1,100,470
1.75%, 06/16/22 3,000,000   2,995,509
1.37%, 03/10/23 1,835,000   1,829,001
3.25%, 06/15/23 100,000   102,757
4.25%, 08/01/23 200,000   209,313
3.85%, 11/15/23 100,000   104,215
3.75%, 02/15/24 200,000   208,713
3.45%, 07/01/25 146,000   152,549
2.10%, 08/01/27 600,000   585,939
Pacific Life Global Funding II      
(Floating, U.S. SOFR + 0.62%), 0.67%, 06/04/26 144A † 3,400,000   3,426,702
PeaceHealth Obligated Group      
1.38%, 11/15/25 104,000   104,932
21

LOW-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Penske Truck Leasing Co. LP      
3.45%, 07/01/24 144A $1,500,000   $1,598,453
2.70%, 11/01/24 144A 1,105,000   1,160,524
1.20%, 11/15/25 144A 295,000   291,709
1.70%, 06/15/26 144A 430,000   432,556
PerkinElmer, Inc.      
0.55%, 09/15/23 385,000   385,371
0.85%, 09/15/24 690,000   690,167
Phillips 66      
0.90%, 02/15/24 585,000   585,161
Pioneer Natural Resources Co.      
0.55%, 05/15/23 385,000   385,491
0.75%, 01/15/24 455,000   454,643
1.13%, 01/15/26 280,000   276,540
Prime Security Services Borrower LLC      
5.25%, 04/15/24 144A 250,000   266,950
PulteGroup, Inc.      
5.00%, 01/15/27Δ 64,000   74,216
Quanta Services, Inc.      
0.95%, 10/01/24 385,000   385,232
Reliance Standard Life Global Funding II      
2.15%, 01/21/23 144A 465,000   475,224
Sabine Pass Liquefaction LLC      
6.25%, 03/15/22 1,100,000   1,112,661
5.75%, 05/15/24 1,333,000   1,485,003
Santander Holdings U.S.A., Inc.      
3.70%, 03/28/22 510,000   516,563
SBA Tower Trust REIT      
2.84%, 01/15/25 144A 3,225,000   3,343,708
1.88%, 01/15/26 144A 680,000   689,244
1.63%, 11/15/26 144A 800,000   798,929
Simon International Finance SCA REIT      
1.38%, 11/18/22(E) 105,000   123,578
Sirius XM Radio, Inc.      
3.13%, 09/01/26 144A 600,000   609,000
SK Battery America, Inc.      
2.13%, 01/26/26 200,000   197,602
Skyworks Solutions, Inc.      
0.90%, 06/01/23 125,000   125,257
SLM Corporation      
5.13%, 04/05/22 404,000   410,880
Southern California Edison Co.      
1.85%, 02/01/22 107,143   107,486
Southwest Airlines Co.      
4.75%, 05/04/23 675,000   718,754
Sprint Corporation      
7.88%, 09/15/23 665,000   743,869
Sprint Spectrum Co. LLC      
4.74%, 03/20/25 144A 389,375   416,339
Steel Dynamics, Inc.      
2.40%, 06/15/25 35,000   36,446
Stellantis Finance U.S., Inc.      
1.71%, 01/29/27 144A 1,000,000   997,294
    Par   Value
Stryker Corporation      
0.60%, 12/01/23 $265,000   $265,017
Synchrony Financial      
2.85%, 07/25/22 232,000   236,245
4.50%, 07/23/25 410,000   452,944
Target Corporation      
2.25%, 04/15/25 135,000   140,875
TerraForm Power Operating LLC      
4.25%, 01/31/23 144A 150,000   154,392
T-Mobile U.S.A., Inc.      
1.50%, 02/15/26 2,732,000   2,742,644
2.25%, 02/15/26Δ 205,000   207,563
2.63%, 04/15/26 84,000   85,995
Toll Brothers Finance Corporation      
4.38%, 04/15/23 200,000   207,100
Truist Financial Corporation      
2.20%, 03/16/23Δ 1,185,000   1,216,102
United Airlines Pass-Through Trust, Series 2020-1, Class A      
5.88%, 10/15/27 217,957   244,347
United Airlines Pass-Through Trust, Series 2020-1, Class B      
4.88%, 01/15/26 42,041   44,415
Valero Energy Corporation      
2.70%, 04/15/23 1,000,000   1,032,498
Ventas Realty LP REIT      
2.65%, 01/15/25 695,000   726,702
Verizon Communications, Inc.      
(Floating, ICE LIBOR USD 3M + 1.10%), 1.22%, 05/15/25† 1,000,000   1,028,186
1.75%, 01/20/31 220,000   209,265
Viasat, Inc.      
5.63%, 04/15/27 144A 475,000   495,781
Vistra Operations Co. LLC      
3.55%, 07/15/24 144A 900,000   946,899
5.63%, 02/15/27 144A Δ 250,000   259,078
VMware, Inc.      
1.00%, 08/15/24 770,000   772,682
1.40%, 08/15/26 795,000   791,786
Volkswagen Group of America Finance LLC      
2.90%, 05/13/22 144A 430,000   436,770
2.70%, 09/26/22 144A 2,000,000   2,045,424
0.88%, 11/22/23 144A 1,305,000   1,311,803
Wells Fargo & Co.      
(Variable, U.S. SOFR + 0.51%), 0.81%, 05/19/25^ 405,000   405,630
WESCO Distribution, Inc.      
7.13%, 06/15/25 144A 520,000   555,558
Western Midstream Operating LP      
4.65%, 07/01/26 325,000   352,167
Westinghouse Air Brake Technologies Corporation      
4.40%, 03/15/24 800,000   860,255
3.20%, 06/15/25 325,000   345,047
 
22

    Par   Value
WRKCo, Inc.      
3.75%, 03/15/25 $115,000   $124,511
Yum! Brands, Inc.      
7.75%, 04/01/25 144A 430,000   460,304
Total Corporate Bonds
(Cost $216,779,335)
    218,706,228
FOREIGN BONDS — 16.4%
Australia — 0.3%    
APT Pipelines, Ltd.      
4.25%, 07/15/27 200,000   227,312
Mirvac Group Finance, Ltd.      
3.63%, 03/18/27 200,000   216,907
NBN Co., Ltd.      
0.88%, 10/08/24 144A 880,000   877,227
Santos Finance, Ltd.      
4.13%, 09/14/27 200,000   214,447
Westpac Banking Corporation      
3.15%, 01/16/24 144A 1,275,000   1,352,046
Woodside Finance, Ltd.      
3.70%, 09/15/26 144A 400,000   432,294
        3,320,233
Austria — 0.0%    
Klabin Austria GmbH      
3.20%, 01/12/31 144A 200,000   191,002
Suzano Austria GmbH      
3.13%, 01/15/32 45,000   43,515
        234,517
Belgium — 0.0%    
KBC Group NV      
1.13%, 01/25/24(E) 200,000   239,153
Bermuda — 0.1%    
Triton Container International, Ltd.      
0.80%, 08/01/23 144A 630,000   629,680
Brazil — 0.3%    
Banco Bradesco SA      
2.85%, 01/27/23 144A 1,495,000   1,520,056
Brazilian Government International Bond      
3.88%, 06/12/30Δ 288,000   279,706
Itau Unibanco Holding SA      
2.90%, 01/24/23 144A 920,000   934,959
Nexa Resources SA      
5.38%, 05/04/27 144A 200,000   210,252
Vale Overseas, Ltd.      
6.25%, 08/10/26 80,000   94,639
        3,039,612
Canada — 1.0%    
1011778 BC ULC      
5.75%, 04/15/25 144A 200,000   210,220
Bank of Nova Scotia (The)      
(Floating, U.S. SOFR + 0.61%), 0.66%, 09/15/26† 1,500,000   1,505,634
CDP Financial, Inc.      
1.00%, 05/26/26 144A 520,000   519,194
    Par   Value
CPPIB Capital, Inc.      
0.50%, 09/16/24 144A Δ $1,265,000   $1,261,224
Element Fleet Management Corporation      
1.60%, 04/06/24 144A Δ 315,000   319,664
GFL Environmental, Inc.      
5.13%, 12/15/26 144A 400,000   420,544
National Bank of Canada      
0.75%, 08/06/24 1,485,000   1,481,581
OMERS Finance Trust      
1.13%, 04/14/23 144A 1,770,000   1,792,274
1.10%, 03/26/26 144A 675,000   675,916
Royal Bank of Canada      
(Floating, U.S. SOFR + 0.53%), 0.58%, 01/20/26† 2,000,000   2,008,989
Toronto-Dominion Bank (The)      
0.38%, 04/25/24(E) 305,000   358,299
        10,553,539
Chile — 0.0%    
Chile Government International Bond      
2.45%, 01/31/31 237,000   235,206
China — 0.5%    
AAC Technologies Holdings, Inc.      
2.63%, 06/02/26 200,000   199,754
Avolon Holdings Funding, Ltd.      
5.50%, 01/15/23 144A 900,000   946,895
Baidu, Inc.      
2.88%, 07/06/22Δ 235,000   238,689
CDBL Funding 1      
3.50%, 10/24/27 200,000   212,028
China Mengniu Dairy Co., Ltd.      
1.88%, 06/17/25 200,000   200,553
CICC Hong Kong Finance 2016 MTN, Ltd.      
2.00%, 01/26/26 200,000   199,768
Contemporary Ruiding Development, Ltd.      
1.88%, 09/17/25 200,000   201,153
Country Garden Holdings Co., Ltd.      
5.63%, 12/15/26 200,000   206,609
Huarong Finance 2017 Co., Ltd.      
4.25%, 11/07/27 200,000   184,000
Longfor Group Holdings, Ltd.      
3.90%, 04/16/23 200,000   206,458
Park Aerospace Holdings, Ltd.      
5.25%, 08/15/22 144A 700,000   725,238
4.50%, 03/15/23 144A 1,000,000   1,045,182
Sino-Ocean Land Treasure Finance II, Ltd.      
5.95%, 02/04/27 200,000   211,182
Sinopec Group Overseas Development 2017, Ltd.      
3.63%, 04/12/27 200,000   218,958
Vigorous Champion International, Ltd.      
2.75%, 06/02/25 200,000   201,000
23

LOW-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Weibo Corporation      
3.50%, 07/05/24 $200,000   $208,402
Zhongsheng Group Holdings, Ltd.      
3.00%, 01/13/26 200,000   202,359
        5,608,228
Colombia — 0.1%    
Colombia Government International Bond      
3.88%, 04/25/27 270,000   280,360
4.50%, 03/15/29 259,000   273,882
Ecopetrol SA      
5.38%, 06/26/26 200,000   217,620
Millicom International Cellular SA      
4.50%, 04/27/31 144A 200,000   209,461
SURA Asset Management SA      
4.88%, 04/17/24 144A 100,000   107,876
        1,089,199
Denmark — 0.5%    
Danske Bank A/S      
3.88%, 09/12/23 144A 400,000   423,347
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.03%), 1.17%, 12/08/23 144A ^ 2,400,000   2,411,941
5.38%, 01/12/24 144A 600,000   658,631
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.55%), 0.98%, 09/10/25 144A ^ 685,000   684,060
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.35%), 1.62%, 09/11/26 144A ^ 540,000   540,286
        4,718,265
Dominican Republic — 0.0%    
Dominican Republic International Bond      
4.88%, 09/23/32 144A 150,000   153,377
6.40%, 06/05/49 150,000   159,151
        312,528
Finland — 0.1%    
CRH Finland Services OYJ      
0.88%, 11/05/23(E) 180,000   213,135
Nordea Bank Abp      
1.50%, 09/30/26 144A 700,000   698,277
        911,412
France — 0.6%    
Banque Federative du Credit Mutuel SA      
0.75%, 06/15/23(E) 100,000   118,077
0.13%, 02/05/24(E) 200,000   233,848
0.65%, 02/27/24 144A 1,140,000   1,138,626
1.00%, 02/04/25 144A 1,865,000   1,866,519
BNP Paribas SA      
3.50%, 03/01/23 144A 400,000   417,039
(Variable, U.S. SOFR + 1.00%), 1.32%, 01/13/27 144A ^ 540,000   531,143
    Par   Value
(Variable, 0.70% - Euribor 3M), 0.25%, 04/13/27(E) ^ $300,000   $346,063
BPCE SA      
0.63%, 04/28/25(E) 100,000   118,583
Capgemini SE      
0.63%, 06/23/25(E) 200,000   237,504
Credit Agricole SA      
(Variable, U.S. SOFR + 0.89%), 1.25%, 01/26/27 144A ^ 500,000   493,130
Engie SA      
0.38%, 02/28/23(E) 200,000   233,639
PSA Banque France SA      
0.00%, 01/22/25(E) 100,000   115,793
RCI Banque SA      
0.75%, 04/10/23(E) 425,000   497,621
Societe Generale SA      
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.10%), 1.49%, 12/14/26 144A ^ 200,000   197,851
Veolia Environnement SA      
0.67%, 03/30/22(E) 200,000   232,281
        6,777,717
Germany — 0.2%    
Amphenol Technologies Holding GmbH      
0.75%, 05/04/26(E) 120,000   143,246
Commerzbank AG      
(Variable, 1.30% - Euribor 3M), 0.75%, 03/24/26(E) ^ 100,000   118,189
Deutsche Bank AG      
(Variable, U.S. SOFR + 1.13%), 1.45%, 04/01/25^ 150,000   151,075
(Variable, 1.60% - Euribor 3M), 1.00%, 11/19/25(E) ^ 100,000   118,400
E.ON SE      
0.00%, 10/24/22(E) 240,000   279,021
KION Group AG      
1.63%, 09/24/25(E) Δ 100,000   122,167
Traton Finance Luxembourg SA      
0.00%, 06/14/24(E) 100,000   115,924
0.13%, 03/24/25(E) 200,000   231,794
Volkswagen Bank GmbH      
0.38%, 07/05/22(E) 300,000   349,452
1.88%, 01/31/24(E) 300,000   362,902
Volkswagen Leasing GmbH      
1.00%, 02/16/23(E) 260,000   306,079
0.38%, 07/20/26(E) 60,000   69,686
Vonovia SE      
0.00%, 09/16/24(E) 100,000   116,232
        2,484,167
Guatemala — 0.0%    
Central American Bottling Corporation      
5.75%, 01/31/27 144A 200,000   206,349
Hong Kong — 0.1%    
CITIC, Ltd.      
3.88%, 02/28/27 200,000   217,771
 
24

    Par   Value
CMB International Leasing Management, Ltd.      
1.25%, 09/16/24 $200,000   $198,826
CMB Wing Lung Bank, Ltd.      
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 1.75%), 3.75%, 11/22/27^ 200,000   204,418
GLP China Holdings, Ltd.      
4.97%, 02/26/24 200,000   213,080
Hysan MTN, Ltd.      
2.88%, 06/02/27 200,000   209,685
        1,043,780
India — 0.2%    
Adani Transmission, Ltd.      
4.00%, 08/03/26 200,000   212,195
ICICI Bank, Ltd.      
3.80%, 12/14/27 200,000   215,215
Indian Railway Finance Corporation, Ltd.      
3.73%, 03/29/24 200,000   211,378
NTPC, Ltd.      
3.75%, 04/03/24 200,000   210,362
Oil India, Ltd.      
5.38%, 04/17/24 200,000   219,008
REC, Ltd.      
3.88%, 07/07/27 200,000   210,252
Shriram Transport Finance Co., Ltd.      
5.10%, 07/16/23 144A 275,000   280,342
        1,558,752
Indonesia — 0.2%    
Indonesia Government International Bond      
4.75%, 02/11/29 246,000   287,140
Pelabuhan Indonesia II PT      
4.25%, 05/05/25 200,000   217,750
Pelabuhan Indonesia III Persero PT      
4.50%, 05/02/23 144A 1,175,000   1,236,905
Pertamina Persero PT      
1.40%, 02/09/26 200,000   196,412
3.10%, 08/27/30 200,000   204,641
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara      
4.13%, 05/15/27 200,000   217,000
        2,359,848
Ireland — 0.5%    
Abbott Ireland Financing DAC      
0.88%, 09/27/23(E) 200,000   237,119
0.10%, 11/19/24(E) 170,000   198,747
AerCap Ireland Capital DAC      
3.50%, 05/26/22 400,000   406,733
3.30%, 01/23/23 155,000   159,747
2.88%, 08/14/24 150,000   156,320
3.50%, 01/15/25Δ 350,000   368,481
Ardagh Packaging Finance PLC      
5.25%, 04/30/25 144A Δ 250,000   261,382
ESB Finance DAC      
3.49%, 01/12/24(E) 100,000   125,457
    Par   Value
Fresenius Finance Ireland PLC      
0.00%, 10/01/25(E) $100,000   $115,521
SMBC Aviation Capital Finance DAC      
3.00%, 07/15/22 144A 540,000   549,642
4.13%, 07/15/23 144A 1,800,000   1,902,558
3.55%, 04/15/24 144A 800,000   847,459
Smurfit Kappa Treasury ULC      
1.50%, 09/15/27(E) 100,000   122,971
        5,452,137
Italy — 0.2%    
ACEA SpA      
0.00%, 09/28/25(E) 100,000   115,925
FCA Bank SpA      
0.50%, 09/18/23(E) 1,010,000   1,182,329
0.00%, 04/16/24(E) 100,000   115,940
Snam SpA      
0.00%, 08/15/25(E) 100,000   115,796
Telecom Italia SpA      
5.30%, 05/30/24 144A 200,000   215,720
UniCredit SpA      
6.95%, 10/31/22(E) 225,000   279,823
        2,025,533
Japan — 3.9%    
Central Nippon Expressway Co., Ltd.      
(Floating, ICE LIBOR USD 3M + 0.56%), 0.69%, 11/02/21† 1,000,000   1,000,279
2.85%, 03/03/22 2,000,000   2,020,190
Denso Corporation      
1.24%, 09/16/26 200,000   198,651
Japan Treasury Discount Bills      
(0.11)%, 11/08/21(J) Ω 1,485,000,000   13,344,517
Mitsubishi UFJ Financial Group, Inc.      
2.67%, 07/25/22 2,000,000   2,039,177
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.68%), 0.85%, 09/15/24^ 1,745,000   1,753,192
1.41%, 07/17/25 265,000   266,643
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.55%), 0.95%, 07/19/25^ 1,880,000   1,882,625
Mizuho Financial Group, Inc.      
(Variable, ICE LIBOR USD 3M + 0.84%), 2.72%, 07/16/23^ 640,000   651,741
(Floating, Australian BBSW 3M + 1.40%), 1.43%, 07/19/23(A) † 3,100,000   2,279,540
0.52%, 06/10/24(E) 100,000   117,848
(Floating, ICE LIBOR USD 3M + 0.99%), 1.11%, 07/10/24† 1,000,000   1,013,419
(Variable, 1.25% - U.S. SOFR), 1.24%, 07/10/24^ 520,000   526,218
Nissan Motor Co., Ltd.      
3.04%, 09/15/23 144A 3,485,000   3,626,051
3.52%, 09/17/25 144A 600,000   638,237
2.65%, 03/17/26(E) 110,000   138,261
4.35%, 09/17/27 144A Δ 215,000   236,349
Nomura Holdings, Inc.      
2.65%, 01/16/25 600,000   625,219
1.85%, 07/16/25Δ 2,700,000   2,741,284
25

LOW-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
NTT Finance Corporation      
0.58%, 03/01/24 144A $800,000   $799,161
ORIX Corporation      
3.20%, 01/19/22 700,000   705,463
Sumitomo Mitsui Financial Group, Inc.      
0.51%, 01/12/24 1,600,000   1,595,288
1.47%, 07/08/25 1,100,000   1,109,282
Sumitomo Mitsui Trust Bank, Ltd.      
0.85%, 03/25/24 144A 960,000   962,547
0.80%, 09/16/24 144A 1,000,000   998,108
        41,269,290
Jersey — 0.0%    
Heathrow Funding, Ltd.      
1.50%, 10/12/25(E) 185,000   223,925
Mexico — 0.2%    
Cemex SAB de CV      
5.20%, 09/17/30 144A 200,000   215,060
Industrias Penoles SAB de CV      
4.75%, 08/06/50 144A 200,000   221,500
Mexico City Airport Trust      
4.25%, 10/31/26 144A 200,000   213,650
Mexico Government International Bond      
4.75%, 04/27/32 295,000   332,545
Operadora de Servicios Mega SA de CV Sofom ER      
8.25%, 02/11/25 144A 200,000   201,841
Petroleos Mexicanos      
6.88%, 08/04/26 119,000   129,573
6.84%, 01/23/30 126,000   130,312
5.95%, 01/28/31Δ 133,000   129,106
        1,573,587
Morocco & Antilles — 0.0%    
Morocco Government International Bond      
3.00%, 12/15/32 144A 200,000   190,593
4.00%, 12/15/50 144A 200,000   182,974
        373,567
Netherlands — 0.8%    
BMW Finance NV      
0.00%, 04/14/23(E) 290,000   337,781
Conti-Gummi Finance BV      
1.13%, 09/25/24(E) 110,000   131,515
Daimler International Finance BV      
0.25%, 11/06/23(E) 90,000   105,221
Digital Dutch Finco BV REIT      
0.63%, 07/15/25(E) 300,000   354,431
E.ON International Finance BV      
0.75%, 11/30/22(E) 50,000   58,491
Enel Finance International NV      
0.00%, 06/17/24(E) 200,000   232,835
2.65%, 09/10/24Δ 500,000   524,066
1.38%, 07/12/26 144A 370,000   368,071
    Par   Value
Equate Petrochemical BV      
4.25%, 11/03/26 $200,000   $220,614
ING Bank NV      
(Floating, 0.40% - Euribor 3M), 0.00%, 04/08/22(E) † 200,000   232,304
ING Groep NV      
1.00%, 09/20/23(E) 200,000   237,570
(Variable, 0.60% - Euribor 3M), 0.10%, 09/03/25(E) ^ 100,000   116,218
(Variable, U.S. SOFR + 1.01%), 1.73%, 04/01/27^ 200,000   201,224
LeasePlan Corporation NV      
2.88%, 10/24/24 144A 1,900,000   1,989,515
NXP BV      
2.70%, 05/01/25 144A 50,000   52,253
3.88%, 06/18/26 144A 300,000   330,670
PACCAR Financial Europe BV      
0.00%, 03/01/26(E) 300,000   348,303
Petrobras Global Finance BV      
5.30%, 01/27/25 81,000   90,611
Redexis Gas Finance BV      
1.88%, 05/28/25(E) 100,000   122,584
Sensata Technologies BV      
5.00%, 10/01/25 144A 200,000   220,500
Siemens Financieringsmaatschappij NV      
0.38%, 09/06/23(E) 235,000   276,307
Stellantis NV      
5.25%, 04/15/23 1,000,000   1,067,880
3.38%, 07/07/23(E) 145,000   176,939
Upjohn Finance BV      
0.82%, 06/23/22(E) 220,000   256,895
VEON Holdings BV      
3.38%, 11/25/27 144A 200,000   203,012
Viterra Finance BV      
0.38%, 09/24/25(E) 160,000   185,388
Vonovia Finance BV      
0.13%, 04/06/23(E) 200,000   232,955
1.63%, 04/07/24(E) 100,000   120,515
        8,794,668
Norway — 0.1%    
Aker BP ASA      
2.88%, 01/15/26 144A 895,000   946,437
Panama — 0.0%    
Panama Government International Bond      
2.25%, 09/29/32 225,000   212,247
Paraguay — 0.0%    
Paraguay Government International Bond      
2.74%, 01/29/33 144A 344,000   331,530
Peru — 0.1%    
Fondo MIVIVIENDA SA      
3.50%, 01/31/23 144A 690,000   709,765
 
26

    Par   Value
Kallpa Generacion SA      
4.88%, 05/24/26 $200,000   $214,494
Peruvian Government International Bond      
1.86%, 12/01/32 197,000   179,418
        1,103,677
Philippines — 0.0%    
Philippine Government International Bond      
3.75%, 01/14/29 200,000   223,353
Qatar — 0.4%    
ABQ Finance, Ltd.      
1.88%, 09/08/25 200,000   200,100
Qatar Government International Bond      
4.50%, 04/23/28 200,000   233,604
4.00%, 03/14/29 144A 200,000   227,740
QNB Finance, Ltd.      
(Floating, ICE LIBOR USD 3M + 1.00%), 1.13%, 05/02/22† 3,000,000   3,013,125
        3,674,569
Romania — 0.0%    
Romanian Government International Bond      
3.00%, 02/14/31 144A 138,000   141,082
Russia — 0.0%    
Russian Foreign Bond - Eurobond      
4.25%, 06/23/27 200,000   223,118
Saudi Arabia — 0.4%    
Samba Funding, Ltd.      
2.90%, 01/29/27 200,000   209,159
Saudi Arabian Oil Co.      
1.25%, 11/24/23 144A 490,000   493,565
Saudi Government International Bond      
2.38%, 10/26/21 2,700,000   2,704,080
3.63%, 03/04/28 200,000   219,972
4.38%, 04/16/29 144A 200,000   230,839
        3,857,615
Singapore — 0.3%    
BOC Aviation, Ltd.      
3.00%, 05/23/22 700,000   707,420
2.75%, 12/02/23 1,800,000   1,860,372
3.50%, 09/18/27 200,000   213,051
BPRL International Singapore Pte., Ltd.      
4.38%, 01/18/27 200,000   212,110
Continuum Energy Levanter Pte., Ltd.      
4.50%, 02/09/27 144A 198,500   205,695
        3,198,648
South Korea — 0.9%    
Export-Import Bank of Korea      
(Floating, Australian BBSW 3M + 0.95%), 0.97%, 10/30/23(A) † 2,000,000   1,465,615
Hana Bank      
(Floating, ICE LIBOR USD 3M + 0.88%), 0.99%, 09/14/22† 1,000,000   1,005,593
    Par   Value
(Floating, ICE LIBOR USD 3M + 0.80%), 0.91%, 03/13/23† $500,000   $503,075
Hyundai Capital Services, Inc.      
3.63%, 08/29/27 200,000   219,103
Industrial Bank of Korea      
2.13%, 10/23/24 144A 3,100,000   3,236,173
Kia Corporation      
3.00%, 04/25/23 510,000   528,692
1.75%, 10/16/26 200,000   200,630
Kookmin Bank      
3.63%, 10/23/21 1,000,000   1,001,645
Mirae Asset Securities Co., Ltd.      
2.63%, 07/30/25 200,000   205,561
SK Telecom Co., Ltd.      
3.75%, 04/16/23 900,000   942,312
        9,308,399
Spain — 0.3%    
Amadeus IT Group SA      
(Floating, 0.65% - Euribor 3M), 0.11%, 02/09/23(E) † 700,000   811,442
2.50%, 05/20/24(E) 200,000   245,893
Banco de Sabadell SA      
(Variable, 0.97% - EUR Swap Rate 1Y), 0.63%, 11/07/25(E) ^ 100,000   117,110
(Variable, 1.55% - EUR Swap Rate 1Y), 1.13%, 03/11/27(E) ^ 100,000   119,177
Banco Santander SA      
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.45%), 0.70%, 06/30/24^ 1,200,000   1,202,533
2.75%, 05/28/25 400,000   419,742
1.85%, 03/25/26 400,000   405,323
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.90%), 1.72%, 09/14/27^ 200,000   199,178
        3,520,398
Sweden — 0.3%    
Akelius Residential Property AB      
1.13%, 03/14/24(E) 1,100,000   1,308,533
Stadshypotek AB      
2.50%, 04/05/22 144A Δ 1,000,000   1,011,625
Svenska Handelsbanken AB      
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.63%), 1.42%, 06/11/27 144A ^ 250,000   248,962
        2,569,120
Switzerland — 0.8%    
Credit Suisse Group AG      
3.57%, 01/09/23 144A 750,000   756,189
(Variable, U.S. SOFR + 0.98%), 1.31%, 02/02/27 144A ^ 700,000   684,780
Credit Suisse Group Funding Guernsey, Ltd.      
3.80%, 09/15/22 450,000   464,800
27

LOW-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
SIG Combibloc PurchaseCo S.a.r.l.      
1.88%, 06/18/23(E) $300,000   $358,031
2.13%, 06/18/25(E) 100,000   122,518
UBS AG      
(Floating, U.S. SOFR + 0.36%), 0.41%, 02/09/24 144A † 3,000,000   3,011,757
UBS Group AG      
3.49%, 05/23/23 144A 1,800,000   1,835,032
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.83%), 1.01%, 07/30/24 144A ^ 690,000   694,682
(Variable, 0.55% - EUR Swap Rate 1Y), 0.25%, 01/29/26(E) ^ 200,000   233,201
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.85%), 1.49%, 08/10/27 144A ^ 600,000   593,420
        8,754,410
Thailand — 0.0%    
PTTEP Treasury Center Co., Ltd.      
2.59%, 06/10/27 200,000   207,308
United Arab Emirates — 0.2%    
First Abu Dhabi Bank PJSC      
1.38%, 02/19/23(U) 1,666,000   2,264,953
Sharjah Sukuk Program, Ltd.      
2.94%, 06/10/27 200,000   202,965
        2,467,918
United Kingdom — 2.8%    
Barclays PLC      
(Variable, ICE LIBOR USD 3M + 1.40%), 4.61%, 02/15/23^ 600,000   609,204
(Floating, Australian BBSW 3M + 1.80%), 1.81%, 06/15/23(A) † 1,000,000   739,144
(Variable, ICE LIBOR USD 3M + 1.36%), 4.34%, 05/16/24^ 900,000   952,926
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.80%), 1.01%, 12/10/24^ 1,970,000   1,979,638
(Variable, 3.70% - EUR Swap Rate 1Y), 3.38%, 04/02/25(E) ^ 100,000   125,407
(Variable, U.S. SOFR + 2.71%), 2.85%, 05/07/26^ 1,000,000   1,050,734
BG Energy Capital PLC      
4.00%, 10/15/21 144A 1,000,000   1,001,503
HSBC Holdings PLC      
(Floating, Australian BBSW 3M + 1.10%), 1.12%, 02/16/24(A) † 1,300,000   948,087
(Floating, ICE LIBOR USD 3M + 1.23%), 1.34%, 03/11/25† Δ 3,000,000   3,060,975
(Variable, U.S. SOFR + 1.40%), 2.63%, 11/07/25^ 300,000   313,017
Informa PLC      
1.50%, 07/05/23(E) 200,000   237,799
2.13%, 10/06/25(E) 485,000   595,326
    Par   Value
Lloyds Banking Group PLC      
(Variable, ICE LIBOR USD 3M + 1.25%), 2.86%, 03/17/23^ $2,500,000   $2,528,011
LSEGA Financing PLC      
0.65%, 04/06/24 144A 200,000   199,566
National Grid Electricity Transmission PLC      
0.19%, 01/20/25(E) 100,000   116,709
Nationwide Building Society      
2.00%, 01/27/23 144A Δ 900,000   919,846
1.70%, 02/13/23 144A 2,900,000   2,954,220
(Variable, ICE LIBOR USD 3M + 1.18%), 3.62%, 04/26/23 144A ^ 1,500,000   1,526,219
0.55%, 01/22/24 144A 1,845,000   1,839,020
Natwest Group PLC      
(Floating, ICE LIBOR USD 3M + 1.47%), 1.59%, 05/15/23† 1,000,000   1,008,288
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 2.15%), 2.36%, 05/22/24^ 375,000   384,907
NatWest Markets PLC      
2.38%, 05/21/23 144A 1,800,000   1,855,997
1.60%, 09/29/26 144A 545,000   544,937
Royalty Pharma PLC      
0.75%, 09/02/23 920,000   923,170
Santander UK Group Holdings PLC      
3.57%, 01/10/23 350,000   353,030
(Variable, ICE LIBOR USD 3M + 1.08%), 3.37%, 01/05/24^ 215,000   222,133
Santander UK PLC      
1.63%, 02/12/23 144A Δ 2,100,000   2,141,664
Standard Chartered PLC      
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.17%), 1.32%, 10/14/23 144A ^ 200,000   201,294
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.78%), 0.99%, 01/12/25 144A ^ 440,000   438,775
Virgin Money UK PLC      
(Variable, 0.85% - EUR Swap Rate 1Y), 0.38%, 05/27/24(E) ^ 110,000   128,526
WPP Finance 2013      
3.00%, 11/20/23(E) 200,000   247,708
        30,147,780
Uruguay — 0.0%    
Uruguay Government International Bond      
4.38%, 10/27/27 84,713   97,336
Total Foreign Bonds
(Cost $175,183,350)
  176,019,837
 
28

    Par   Value
MORTGAGE-BACKED SECURITIES — 16.8%
Alen Mortgage Trust, Series 2021-ACEN, Class A      
(Floating, ICE LIBOR USD 1M + 1.15%, 1.15% Floor), 1.23%, 04/15/34 144A † $350,000   $350,898
American Home Mortgage Assets Trust, Series 2006-5, Class A1      
(Floating, Federal Reserve U.S. 12 1Y CMT + 0.92%, 0.92% Floor), 1.01%, 11/25/46† 581,504   242,356
AOA Mortgage Trust, Series 2015-1177, Class A      
2.96%, 12/13/29 144A 1,330,000   1,329,981
Avon Finance No. 2 PLC, Class A      
(Floating, SONIA Deposit Rates Swap 3M + 0.90%), 0.95%, 09/20/48(U)  144A † 1,298,838   1,755,690
Banc of America Funding Trust, Series 2006-J, Class 4A1      
3.41%, 01/20/47† γ 120,663   116,752
Banc of America Mortgage Trust, Series 2003-L, Class 3A1      
2.37%, 01/25/34† γ 23,189   22,953
Bancorp Commercial Mortgage Trust, Series 2019-CRE6, Class A      
(Floating, U.S. 30-Day Average SOFR + 1.16%, 1.05% Floor), 1.21%, 09/15/36 144A † 51,662   51,706
BANK, Series 2019-BNK18, Class A2      
3.47%, 05/15/62 610,000   645,040
Bear Stearns ARM Trust, Series 2003-8, Class 4A1      
2.54%, 01/25/34† γ 72,001   74,827
Bear Stearns ARM Trust, Series 2004-5, Class 2A      
2.92%, 07/25/34† γ 69,137   71,987
Bear Stearns Commercial Mortgage Securities Trust, Series 2007-T26, Class AM      
5.51%, 01/12/45† γ 116,830   116,303
Bellemeade RE, Ltd., Series 2021-3A, Class M1A      
(Floating, U.S. 30-Day Average SOFR + 1.00%, 1.00% Floor), 1.05%, 09/25/31 144A † 900,000   902,994
Brass No. 8 PLC, Class A1      
(Floating, ICE LIBOR USD 3M + 0.70%), 0.82%, 11/16/66 144A † 114,247   114,781
BX Commercial Mortgage Trust, Series 2019-XL, Class A      
(Floating, ICE LIBOR USD 1M + 0.92%, 0.92% Floor), 1.00%, 10/15/36 144A † 1,581,768   1,586,359
BX Commercial Mortgage Trust, Series 2019-XL, Class B      
(Floating, ICE LIBOR USD 1M + 1.08%, 1.08% Floor), 1.16%, 10/15/36 144A † 592,058   593,068
    Par   Value
BX Commercial Mortgage Trust, Series 2019-XL, Class D      
(Floating, ICE LIBOR USD 1M + 1.45%, 1.45% Floor), 1.53%, 10/15/36 144A † $693,680   $695,160
BX Commercial Mortgage Trust, Series 2020-BXLP, Class A      
(Floating, ICE LIBOR USD 1M + 0.80%, 0.80% Floor), 0.88%, 12/15/36 144A † 797,180   798,702
BX Commercial Mortgage Trust, Series 2020-BXLP, Class E      
(Floating, ICE LIBOR USD 1M + 1.60%, 1.60% Floor), 1.68%, 12/15/36 144A † 322,558   323,202
BX Commercial Mortgage Trust, Series 2020-VKNG, Class B      
(Floating, ICE LIBOR USD 1M + 1.13%, 1.13% Floor), 1.21%, 10/15/37 144A † 1,420,000   1,422,065
BX Commercial Mortgage Trust, Series 2021-SOAR, Class A      
(Floating, ICE LIBOR USD 1M + 0.67%, 0.67% Floor), 0.75%, 06/15/38 144A † 2,310,000   2,313,881
BX Commercial Mortgage Trust, Series 2021-VINO, Class A      
(Floating, ICE LIBOR USD 1M + 0.65%, 0.65% Floor), 0.74%, 05/15/38 144A † 280,000   280,604
BX Trust, Series 2018-BILT, Class D      
(Floating, ICE LIBOR USD 1M + 1.77%, 1.77% Floor), 1.85%, 05/15/30 144A † 235,000   234,339
BX Trust, Series 2021-LBA, Class AJV      
(Floating, ICE LIBOR USD 1M + 0.80%, 0.80% Floor), 0.88%, 02/15/36 144A † 240,000   240,632
BX Trust, Series 2021-LBA, Class AV      
(Floating, ICE LIBOR USD 1M + 0.80%, 0.80% Floor), 0.88%, 02/15/36 144A † 330,000   330,869
BX Trust, Series 2021-VIEW, Class A      
(Floating, ICE LIBOR USD 1M + 1.28%, 1.28% Floor), 1.36%, 06/15/23 144A † 150,000   150,404
Canterbury Finance PLC, No. 1, Class A2      
(Floating, SONIA Deposit Rates Swap 3M + 1.35%), 1.40%, 05/16/56(U) † 967,840   1,319,021
CFCRE Commercial Mortgage Trust, Series 2017-C8, Class ASB      
3.37%, 06/15/50 1,500,000   1,601,280
Chase Home Lending Mortgage Trust, Series 2019-ATR2, Class A11      
(Floating, ICE LIBOR USD 1M + 0.90%, 6.50% Cap), 0.99%, 07/25/49 144A † 61,889   62,225
29

LOW-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Chase Home Lending Mortgage Trust, Series 2019-ATR2, Class A3      
3.50%, 07/25/49 144A † γ $126,442   $129,149
CHC Commercial Mortgage Trust, Series 2019-CHC, Class D      
(Floating, ICE LIBOR USD 1M + 2.05%, 2.05% Floor), 2.13%, 06/15/34 144A † 2,124,493   2,106,464
CHL Mortgage Pass-Through Trust, Series 2004-29, Class 1A1      
(Floating, ICE LIBOR USD 1M + 0.54%, 0.54% Floor, 11.50% Cap), 0.63%, 02/25/35† 45,201   44,783
Citigroup Commercial Mortgage Trust, Series 2016-P4, Class A4      
2.90%, 07/10/49 641,000   682,491
Citigroup Commercial Mortgage Trust, Series 2016-P5, Class AAB      
2.84%, 10/10/49 1,010,000   1,054,099
Cold Storage Trust, Series 2020-ICE5, Class A      
(Floating, ICE LIBOR USD 1M + 0.90%, 0.90% Floor), 0.98%, 11/15/37 144A † 4,865,803   4,881,212
COMM Mortgage Trust, Series 2012-CR4, Class ASB      
2.44%, 10/15/45 240,353   242,911
COMM Mortgage Trust, Series 2013-CR8, Class A5      
3.61%, 06/10/46 750,000   782,294
COMM Mortgage Trust, Series 2013-SFS, Class A1      
1.87%, 04/12/35 144A 139,733   140,348
COMM Mortgage Trust, Series 2014-CR21, Class A3      
3.53%, 12/10/47 566,458   601,382
COMM Mortgage Trust, Series 2014-UBS5, Class ASB      
3.55%, 09/10/47 220,851   229,136
COMM Mortgage Trust, Series 2015-CR24, Class ASB      
3.45%, 08/10/48 132,333   138,593
COMM Mortgage Trust, Series 2021-LBA, Class A      
(Floating, ICE LIBOR USD 1M + 0.69%, 0.69% Floor), 0.77%, 03/15/38 144A † 1,800,000   1,801,644
COMM, Series 2015-PC1, Class A4      
3.62%, 07/10/50 450,342   467,515
CSAIL Commercial Mortgage Trust, Series 2016-C6, Class XA      
2.03%, 01/15/49†  IO γ 631,828   45,410
CSAIL Commercial Mortgage Trust, Series 2019-C15, Class A1      
2.99%, 03/15/52 629,417   642,873
CSMC, Series 2020-NET, Class A      
2.26%, 08/15/37 144A 315,000   324,039
    Par   Value
CSMC, Series 2021-980M, Class C      
3.20%, 07/15/31 144A $150,000   $153,048
Deutsche Alt-B Securities Mortgage Loan Trust Series, Series 2006-AB4, Class A6A1      
(Step to 5.39% on 11/25/21), 6.37%, 10/25/36 STEP 121,334   122,389
Deutsche Alt-B Securities Mortgage Loan Trust Series, Series 2006-AB4, Class A6A2      
(Step to 5.39% on 11/25/21), 6.39%, 10/25/36 STEP 121,334   122,388
Extended Stay America Trust, Series 2021-ESH, Class A      
(Floating, ICE LIBOR USD 1M + 1.08%, 1.08% Floor), 1.16%, 07/15/38 144A † 2,238,355   2,248,343
Fannie Mae Connecticut Avenue Securities, Series 2018-C01, Class 1M2      
(Floating, ICE LIBOR USD 1M + 2.25%, 2.25% Floor), 2.34%, 07/25/30† 781,112   792,122
Federal Home Loan Mortgage Corporation      
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.36%, 2.36% Floor, 13.19% Cap), 2.40%, 07/01/27† 1,417   1,418
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.25%, 2.25% Floor, 11.15% Cap), 2.35%, 11/01/31† 10,394   10,472
3.00%, 12/01/31 2,701,458   2,888,869
3.00%, 01/01/32 2,715,123   2,899,873
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.25%, 2.25% Floor, 10.86% Cap), 2.38%, 04/01/32† 2,996   3,021
3.50%, 02/01/33 2,847,191   3,088,851
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.04%, 2.04% Floor, 9.77% Cap), 2.16%, 06/01/33† 221,596   236,066
3.00%, 07/01/33 2,810,155   2,982,160
(Floating, ICE LIBOR USD 1Y + 1.75%, 1.75% Floor, 10.84% Cap), 2.00%, 08/01/35† 49,292   51,008
(Floating, ICE LIBOR USD 1Y + 1.35%, 1.35% Floor, 10.36% Cap), 1.63%, 09/01/35† 69,895   73,140
(Floating, ICE LIBOR USD 1Y + 1.63%, 1.63% Floor, 10.80% Cap), 2.06%, 10/01/35† 96,207   101,703
3.00%, 02/01/36 57,625   61,113
4.00%, 11/01/36 7,155   7,843
4.00%, 06/01/37 86,604   94,647
4.50%, 07/01/47 51,633   57,457
 
30

    Par   Value
4.50%, 03/01/49 $2,333,910   $2,613,263
Federal Home Loan Mortgage Corporation REMIC, Series 3228      
(Floating, ICE LIBOR USD 1M + 0.50%, 0.50% Floor, 6.50% Cap), 0.58%, 10/15/36† 880,690   891,329
Federal Home Loan Mortgage Corporation REMIC, Series 3710      
4.00%, 08/15/25 STEP 46,035   49,401
Federal Home Loan Mortgage Corporation REMIC, Series 3959      
4.50%, 11/15/41 153,989   169,112
Federal Home Loan Mortgage Corporation REMIC, Series 3986      
4.50%, 09/15/41 115,101   120,160
Federal Home Loan Mortgage Corporation REMIC, Series 4459      
3.00%, 08/15/43 306,052   325,060
Federal Home Loan Mortgage Corporation REMIC, Series 4494      
3.75%, 10/15/42 194,491   200,495
Federal Home Loan Mortgage Corporation REMIC, Series 4777      
3.50%, 10/15/45 823,224   856,075
Federal Home Loan Mortgage Corporation REMIC, Series 4904      
(Floating, ICE LIBOR USD 1M + 0.45%, 0.45% Floor, 6.50% Cap), 0.53%, 06/15/49† 648,255   653,221
Federal Home Loan Mortgage Corporation REMIC, Series 4948      
2.50%, 10/25/48 168,274   173,604
Federal Home Loan Mortgage Corporation REMIC, Series 5047      
0.75%, 10/15/28 3,367,060   3,369,645
Federal Home Loan Mortgage Corporation REMIC, Series 5057      
1.00%, 04/15/54 2,509,762   2,537,862
Federal Home Loan Mortgage Corporation REMIC, Series 5105      
1.50%, 04/15/44 1,416,698   1,438,567
Federal Home Loan Mortgage Corporation REMIC, Series 5115      
1.00%, 02/25/42 2,899,666   2,880,944
Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2020-DNA1, Class M2      
(Floating, ICE LIBOR USD 1M + 1.70%), 1.79%, 01/25/50 144A † 266,818   268,153
Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2020-DNA2, Class M2      
(Floating, ICE LIBOR USD 1M + 1.85%, 1.85% Floor), 1.94%, 02/25/50 144A † 203,746   205,565
    Par   Value
Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2021-DNA1, Class M1      
(Floating, U.S. 30-Day Average SOFR + 0.65%), 0.70%, 01/25/51 144A † $672,888   $673,043
Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2021-DNA5, Class M2      
(Floating, U.S. 30-Day Average SOFR + 1.65%), 1.70%, 01/25/34 144A † 1,100,000   1,110,323
Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2021-HQA1, Class M1      
(Floating, U.S. 30-Day Average SOFR + 0.70%), 0.75%, 08/25/33 144A † 2,503,626   2,505,354
Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2021-HQA3, Class M1      
(Floating, U.S. 30-Day Average SOFR + 0.85%), 0.90%, 09/25/41 144A † 3,600,000   3,611,514
Federal Home Loan Mortgage Corporation STACR Trust, Series 2018-DNA2, Class M1      
(Floating, ICE LIBOR USD 1M + 0.80%), 0.89%, 12/25/30 144A † 179,966   180,168
Federal Home Loan Mortgage Corporation STACR Trust, Series 2019-DNA4, Class M2      
(Floating, ICE LIBOR USD 1M + 1.95%), 2.04%, 10/25/49 144A † 281,736   283,019
Federal National Mortgage Association      
5.00%, 11/01/21 1   1
(Floating, Federal Reserve U.S. 12 1Y CMT + 2.00%, 2.00% Floor, 10.82% Cap), 2.21%, 12/01/24 CONV † 2,008   2,000
2.50%, 12/01/27 374,381   391,969
3.00%, 09/01/30 188,729   200,300
3.00%, 02/01/31 1,029,335   1,089,069
3.00%, 04/01/31 16,744   17,771
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.22%, 2.22% Floor, 11.64% Cap), 2.32%, 09/01/31† 26,207   26,273
2.50%, 10/01/31 398,578   417,102
2.50%, 11/01/31 910,710   958,032
2.50%, 01/01/32 6,941   7,278
3.00%, 03/01/32 599,497   637,398
31

LOW-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
(Floating, ICE LIBOR USD 1M + 1.31%, 1.31% Floor, 11.27% Cap), 1.43%, 08/01/32† $162,101   $162,885
3.00%, 11/01/32 57,059   60,327
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.24%, 2.24% Floor, 9.73% Cap), 2.37%, 12/01/32† 237,552   237,911
3.00%, 12/01/32 739,356   782,335
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.41%, 2.41% Floor, 9.35% Cap), 2.48%, 06/01/33† 8,265   8,309
4.00%, 09/01/33 1,321,301   1,407,277
4.00%, 03/01/34 41,997   44,796
4.00%, 05/01/34 604,675   662,274
(Floating, ICE LIBOR USD 1Y + 1.66%, 1.66% Floor, 10.08% Cap), 2.04%, 02/01/35† 90,721   95,781
(Floating, ICE LIBOR USD 1Y + 1.61%, 1.61% Floor, 11.11% Cap), 1.86%, 09/01/35† 22,967   23,158
3.00%, 09/01/35 98,768   105,318
(Floating, ICE LIBOR USD 1Y + 1.74%, 1.74% Floor, 11.11% Cap), 2.11%, 12/01/35† 4,396   4,403
4.00%, 07/01/37 34,281   37,152
4.00%, 09/01/37 40,440   43,662
4.00%, 03/01/38 31,600   34,112
(Floating, ICE LIBOR USD 1Y + 1.73%, 1.73% Floor, 9.51% Cap), 2.07%, 05/01/38† 636,642   673,187
1.30%, 08/01/42† 166,591   170,138
(Floating, ICE LIBOR USD 1Y + 1.73%, 1.73% Floor, 8.45% Cap), 2.75%, 09/01/42† 261,783   277,479
(Floating, ICE LIBOR USD 1Y + 1.69%, 1.69% Floor, 7.74% Cap), 2.72%, 07/01/43† 358,433   380,394
(Floating, Federal Reserve U.S. 12 1Y CMT + 1.20%, 1.20% Floor, 8.52% Cap), 1.30%, 07/01/44† 68,121   69,659
(Floating, Federal Reserve U.S. 12 1Y CMT + 1.20%, 1.20% Floor, 9.38% Cap), 1.30%, 10/01/44† 43,563   44,559
(Floating, ICE LIBOR USD 1Y + 1.59%, 1.59% Floor, 7.79% Cap), 2.79%, 06/01/45† 362,850   380,223
4.50%, 03/01/47 155,339   171,236
4.50%, 05/01/47 478,362   525,861
4.50%, 07/01/47 59,209   65,420
4.50%, 11/01/47 532,126   585,654
4.50%, 06/01/48 74,326   83,378
4.50%, 11/01/48 238,888   265,591
    Par   Value
4.50%, 02/01/49 $734,756   $832,313
4.50%, 04/01/49 202,539   229,607
Federal National Mortgage Association REMIC, Series 2006-98      
(Floating, ICE LIBOR USD 1M + 0.43%, 0.43% Floor, 7.00% Cap), 0.52%, 10/25/36† 139,848   142,107
Federal National Mortgage Association REMIC, Series 2007-100      
(Floating, ICE LIBOR USD 1M + 0.55%, 0.55% Floor, 7.00% Cap), 0.64%, 10/25/37† 191,591   195,270
Federal National Mortgage Association REMIC, Series 2011-48      
4.00%, 06/25/26 STEP 80,543   86,392
Federal National Mortgage Association REMIC, Series 2012-79      
(Floating, ICE LIBOR USD 1M + 0.45%, 0.45% Floor, 6.50% Cap), 0.54%, 07/25/42† 149,204   150,439
Federal National Mortgage Association REMIC, Series 2015-38      
(Floating, ICE LIBOR USD 1M + 0.31%, 0.31% Floor), 0.41%, 06/25/55† 180,078   180,770
Federal National Mortgage Association REMIC, Series 2016-11      
(Floating, ICE LIBOR USD 1M + 0.50%, 0.50% Floor), 0.60%, 03/25/46† 850,191   850,545
Federal National Mortgage Association REMIC, Series 2016-40      
(Floating, ICE LIBOR USD 1M + 0.45%, 0.45% Floor), 0.55%, 07/25/46† 1,065,010   1,064,218
Federal National Mortgage Association REMIC, Series 2018-21      
3.50%, 04/25/45 318,996   325,412
Federal National Mortgage Association REMIC, Series 2019-30      
(Floating, ICE LIBOR USD 1M + 0.50%, 0.50% Floor, 6.50% Cap), 0.59%, 07/25/49† 683,059   687,341
 
32

    Par   Value
Federal National Mortgage Association REMIC, Series 2019-53      
(Floating, ICE LIBOR USD 1M + 0.40%, 0.40% Floor), 0.50%, 09/25/49† $1,245,944   $1,246,451
Federal National Mortgage Association REMIC, Series 2019-60      
(Floating, ICE LIBOR USD 1M + 0.40%, 0.40% Floor), 0.50%, 10/25/59† 1,315,499   1,315,334
Federal National Mortgage Association REMIC, Series 2019-9      
3.50%, 06/25/48 1,202,634   1,257,751
FHLMC Multifamily Structured Pass-Through Certificates, Series K121      
1.12%, 10/25/30†  IO γ 599,162   47,442
FHLMC Multifamily Structured Pass-Through Certificates, Series K727      
2.95%, 07/25/24 3,750,000   3,949,243
FHLMC Multifamily Structured Pass-Through Certificates, Series KIR2      
2.75%, 03/25/27 310,040   326,025
FHLMC Multifamily Structured Pass-Through Certificates, Series KJ18      
3.07%, 08/25/22 163,460   165,860
FHLMC Structured Agency Credit Risk Debt Notes, Series 2020-HQA5, Class M1      
(Floating, U.S. 30-Day Average SOFR + 1.10%), 1.15%, 11/25/50 144A † 485,035   485,256
FHLMC Structured Agency Credit Risk Debt Notes, Series 2021-DNA2, Class M1      
(Floating, U.S. 30-Day Average SOFR + 0.80%), 0.85%, 08/25/33 144A † 1,892,438   1,895,587
FHLMC Structured Pass-Through Certificates, Series T-56, Class 3AF      
(Floating, ICE LIBOR USD 1M + 1.00%, 1.00% Floor, 8.50% Cap), 1.09%, 05/25/43† 372,204   378,322
FHLMC Structured Pass-Through Certificates, Series T-61, Class 1A1      
(Floating, Federal Reserve U.S. 12 1Y CMT + 1.40%, 1.40% Floor), 1.49%, 07/25/44† 334,409   344,628
Finsbury Square PLC, Series 2020-2A, Class A      
(Floating, SONIA Deposit Rates Swap 3M + 1.30%), 1.35%, 06/16/70(U)  144A † 1,001,497   1,365,100
First Horizon Alternative Mortgage Securities Trust, Series 2004-AA1, Class A1      
2.16%, 06/25/34† γ 102,839   105,936
    Par   Value
FREMF Mortgage Trust, Series 2012-K18, Class B      
4.32%, 01/25/45 144A † γ $240,000   $242,203
FREMF Mortgage Trust, Series 2012-K19, Class B      
4.15%, 05/25/45 144A † γ 145,000   146,850
FREMF Mortgage Trust, Series 2012-K20, Class B      
4.00%, 05/25/45 144A † γ 135,000   137,515
FREMF Mortgage Trust, Series 2013-K27, Class B      
3.62%, 01/25/46 144A † γ 130,000   134,469
FREMF Mortgage Trust, Series 2013-K31, Class B      
3.75%, 07/25/46 144A † γ 105,000   109,611
FREMF Mortgage Trust, Series 2015-K720, Class B      
3.51%, 07/25/22 144A † γ 455,000   463,735
Gemgarto PLC, Series 2021-1A, Class A      
(Floating, SONIA Deposit Rates Swap 3M + 0.59%), 0.64%, 12/16/67(U)  144A † 1,905,401   2,583,483
Gosforth Funding PLC, Series 2018-1A, Class A1      
(Floating, ICE LIBOR USD 3M + 0.45%), 0.58%, 08/25/60 144A † 169,682   169,933
Government National Mortgage Association      
2.00%, 03/20/22† 3,102   3,112
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 11.50% Cap), 2.00%, 01/20/23† 1,544   1,555
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 10.00% Cap), 1.88%, 05/20/24† 7,126   7,242
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 11.50% Cap), 2.25%, 07/20/25† 13,090   13,458
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 11.00% Cap), 2.25%, 08/20/25† 3,584   3,691
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 11.00% Cap), 2.13%, 11/20/25† 12,305   12,560
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 11.50% Cap), 2.13%, 12/20/26† 22,329   23,112
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 11.00% Cap), 2.25%, 07/20/27† 501   515
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 10.00% Cap), 2.13%, 10/20/27† 8,346   8,570
8.50%, 10/15/29 16,801   17,069
33

LOW-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
8.50%, 04/15/30 $2,037   $2,046
8.50%, 05/15/30 46,833   48,663
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 11.50% Cap), 1.88%, 05/20/30† 12,737   13,224
8.50%, 07/15/30 20,124   20,717
8.50%, 08/15/30 3,083   3,127
8.50%, 11/15/30 3,188   3,192
8.50%, 12/15/30 10,072   10,483
8.50%, 02/15/31 12,684   13,193
Government National Mortgage Association, Series 2007-30      
(Floating, ICE LIBOR USD 1M + 0.30%, 0.30% Floor, 6.50% Cap), 0.39%, 05/20/37† 65,434   65,611
Government National Mortgage Association, Series 2011-H08      
(Floating, ICE LIBOR USD 1M + 0.60%, 0.60% Floor, 10.50% Cap), 0.69%, 02/20/61† 517,439   520,333
Government National Mortgage Association, Series 2012-102      
3.50%, 08/20/39 33,166   33,192
Government National Mortgage Association, Series 2013-H13      
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 0.45%, 0.45% Floor, 15.00% Cap), 0.52%, 05/20/63† 1,068,023   1,060,062
Government National Mortgage Association, Series 2016-H07      
(Floating, ICE LIBOR USD 1M + 0.77%, 0.77% Floor), 0.86%, 02/20/66† 17,926   18,004
Government National Mortgage Association, Series 2016-H22      
(Floating, ICE LIBOR USD 1M + 0.77%, 0.77% Floor, 7.50% Cap), 0.86%, 10/20/66† 1,602,683   1,624,050
Government National Mortgage Association, Series 2017-136      
3.00%, 03/20/47 182,712   187,006
Government National Mortgage Association, Series 2017-H09      
(Floating, ICE LIBOR USD 1Y + 0.75%, 0.75% Floor, 7.50% Cap), 1.03%, 04/20/67† 2,135,610   2,161,299
Government National Mortgage Association, Series 2017-H10      
(Floating, ICE LIBOR USD 1Y + 0.75%, 0.75% Floor, 7.50% Cap), 1.03%, 04/20/67† 2,387,667   2,417,503
Government National Mortgage Association, Series 2020-17      
2.50%, 10/20/49 130,495   136,348
    Par   Value
GreenPoint Mortgage Funding Trust, Series 2005-AR5, Class 1A1      
(Floating, ICE LIBOR USD 1M + 0.54%, 0.54% Floor, 10.50% Cap), 0.63%, 11/25/45† $91,492   $84,140
GreenPoint Mortgage Funding Trust, Series 2006-OH1, Class A1      
(Floating, ICE LIBOR USD 1M + 0.18%, 0.18% Floor), 0.27%, 01/25/37† 274,817   268,700
GS Mortgage Securities Corporation Trust, Series 2012-ALOH, Class A      
3.55%, 04/10/34 144A 680,000   684,895
GS Mortgage Securities Corporation Trust, Series 2020-TWN3, Class A      
(Floating, ICE LIBOR USD 1M + 2.00%, 2.00% Floor), 2.08%, 11/15/37 144A † 560,000   563,740
GS Mortgage Securities Trust, Series 2011-GC5, Class AS      
5.21%, 08/10/44 144A † γ 321,346   323,003
GS Mortgage Securities Trust, Series 2013-GC12, Class A3      
2.86%, 06/10/46 1,342,000   1,373,481
GS Mortgage Securities Trust, Series 2019-GC38, Class A2      
3.87%, 02/10/52 373,644   394,881
GS Mortgage-Backed Securities Corporation Trust, Series 2020-PJ4, Class A2      
3.00%, 01/25/51 144A † γ 260,273   264,785
GSR Mortgage Loan Trust, Series 2004-11, Class 5A1      
2.25%, 09/25/34† γ 100,222   103,679
GSR Mortgage Loan Trust, Series 2005-AR6, Class 2A1      
2.86%, 09/25/35† γ 47,086   48,542
Hawaii Hotel Trust, Series 2019-MAUI, Class A      
(Floating, ICE LIBOR USD 1M + 1.15%, 1.15% Floor), 1.23%, 05/15/38 144A † 429,000   430,294
Hawksmoor Mortgage Funding PLC, Series 2019-1X, Class A      
(Floating, SONIA Interest Rate + 1.05%), 1.10%, 05/25/53(U) † 828,157   1,121,228
Hawksmoor Mortgages, Series 2019-1A, Class A      
(Floating, SONIA Interest Rate + 1.05%), 1.10%, 05/25/53(U)  144A † 1,054,018   1,427,017
IndyMac INDX Mortgage Loan Trust, Series 2006-AR12, Class A1      
(Floating, ICE LIBOR USD 1M + 0.19%, 0.19% Floor), 0.28%, 09/25/46† 332,181   314,916
 
34

    Par   Value
IndyMac INDX Mortgage Loan Trust, Series 2007-FLX3, Class A2      
(Floating, ICE LIBOR USD 1M + 0.27%, 0.27% Floor), 0.36%, 06/25/37† $127,667   $168,503
JP Morgan Chase Commercial Mortgage Securities Trust, Series 2012-CBX, Class A4      
3.48%, 06/15/45 300,375   303,497
JP Morgan Chase Commercial Mortgage Securities Trust, Series 2012-CBX, Class A4FX      
3.48%, 06/15/45 144A 183,435   185,132
JP Morgan Chase Commercial Mortgage Securities Trust, Series 2012-HSBC, Class D      
4.67%, 07/05/32 144A † γ 610,000   620,447
JP Morgan Chase Commercial Mortgage Securities Trust, Series 2013-LC11, Class ASB      
2.55%, 04/15/46 405,435   411,342
JP Morgan Chase Commercial Mortgage Securities Trust, Series 2018-WPT, Class AFX      
4.25%, 07/05/33 144A 190,000   200,521
JP Morgan Chase Commercial Mortgage Securities Trust, Series 2019-MFP, Class A      
(Floating, ICE LIBOR USD 1M + 0.96%, 0.96% Floor), 1.04%, 07/15/36 144A † 1,710,000   1,709,597
JP Morgan Chase Commercial Mortgage Securities Trust, Series 2021-MHC, Class A      
(Floating, ICE LIBOR USD 1M + 0.80%, 0.80% Floor), 0.88%, 04/15/38 144A † 141,734   142,393
JP Morgan Mortgage Trust, Series 2005-A1, Class 6T1      
2.29%, 02/25/35† γ 10,428   10,648
JP Morgan Mortgage Trust, Series 2016-2, Class A1      
2.38%, 06/25/46 144A † γ 280,300   278,342
JP Morgan Mortgage Trust, Series 2017-5, Class A1A      
3.00%, 10/26/48 144A 35,868   35,889
JP Morgan Mortgage Trust, Series 2020-7, Class A3      
3.00%, 01/25/51 144A † γ 201,634   205,723
JP Morgan Mortgage Trust, Series 2020-LTV1, Class A11      
(Floating, ICE LIBOR USD 1M + 1.00%, 6.00% Cap), 1.08%, 06/25/50 144A † 126,217   126,872
JP Morgan Mortgage Trust, Series 2021-12, Class A11      
(Floating, U.S. 30-Day Average SOFR + 0.85%, 5.00% Cap), 0.90%, 02/25/52 144A † 200,000   200,500
JPMBB Commercial Mortgage Securities Trust, Series 2014-C23, Class ASB      
3.66%, 09/15/47 220,187   230,396
    Par   Value
JPMBB Commercial Mortgage Securities Trust, Series 2015-C33, Class A3      
3.50%, 12/15/48 $325,618   $348,656
JPMCC Commercial Mortgage Securities Trust, Series 2017-JP7, Class A3      
3.38%, 09/15/50 1,500,000   1,571,927
KNDL Mortgage Trust, Series 2019-KNSQ, Class A      
(Floating, ICE LIBOR USD 1M + 0.80%, 0.80% Floor), 0.88%, 05/15/36 144A † 409,000   409,703
KNDL Mortgage Trust, Series 2019-KNSQ, Class D      
(Floating, ICE LIBOR USD 1M + 1.35%, 1.35% Floor), 1.43%, 05/15/36 144A † 136,000   136,341
Life Mortgage Trust, Series 2021-BMR, Class A      
(Floating, ICE LIBOR USD 1M + 0.70%, 0.70% Floor), 0.78%, 03/15/38 144A † 1,000,000   1,002,125
Luminent Mortgage Trust, Series 2006-7, Class 2A1      
(Floating, ICE LIBOR USD 1M + 0.17%, 0.17% Floor, 10.50% Cap), 0.26%, 12/25/36† 327,195   310,464
MASTR Adjustable Rate Mortgages Trust, Series 2003-6, Class 3A1      
2.37%, 12/25/33† γ 53,007   55,551
MF1 Multifamily Housing Mortgage Loan Trust, Series 2020-FL3, Class AS      
(Floating, U.S. 30-Day Average SOFR + 2.96%, 2.85% Floor), 3.01%, 07/15/35 144A † 260,000   264,488
MFA Trust, Series 2021-RPL1, Class A1      
1.13%, 07/25/60 144A 1,161,222   1,157,207
MHC Commercial Mortgage Trust, Series 2021-MHC, Class A      
(Floating, ICE LIBOR USD 1M + 0.80%, 0.80% Floor), 0.88%, 04/15/38 144A † 480,000   481,222
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C12, Class ASB      
3.82%, 10/15/46 552,848   567,691
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C13, Class A3      
3.77%, 11/15/46 484,630   507,832
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C9, Class AAB      
2.66%, 05/15/46 90,718   91,918
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2014-C18, Class ASB      
3.62%, 10/15/47 280,763   292,207
35

LOW-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class ASB      
3.04%, 04/15/48 $1,478,107   $1,534,591
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C24, Class A4      
3.73%, 05/15/48 955,000   1,041,103
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C25, Class A5      
3.64%, 10/15/48 535,000   582,735
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2016-C32, Class XA      
0.83%, 12/15/49†  IO γ 1,881,391   55,902
Morgan Stanley Capital I Trust, Series 2018-H4, Class A4      
4.31%, 12/15/51 249,000   287,538
New Residential Mortgage Loan Trust, Series 2017-3A, Class A1      
4.00%, 04/25/57 144A 946,398   1,017,164
New Residential Mortgage Loan Trust, Series 2017-4A, Class A1      
4.00%, 05/25/57 144A 829,962   885,737
New Residential Mortgage Loan Trust, Series 2018-1A, Class A1A      
4.00%, 12/25/57 144A † γ 1,190,070   1,273,625
New Residential Mortgage Loan Trust, Series 2019-RPL3, Class A1      
2.75%, 07/25/59 144A 1,350,869   1,397,622
New Residential Mortgage Loan Trust, Series 2020-1A, Class A1B      
3.50%, 10/25/59 144A † γ 586,304   614,116
New Residential Mortgage Loan Trust, Series 2020-RPL1, Class A1      
2.75%, 11/25/59 144A 1,657,146   1,706,980
OBX Trust, Series 2020-EXP3, Class 2A1B      
(Floating, ICE LIBOR USD 1M + 0.90%), 0.99%, 01/25/60 144A † 450,000   452,010
ONE Mortgage Trust, Series 2021-PARK, Class A      
(Floating, ICE LIBOR USD 1M + 0.70%, 0.70% Floor), 0.78%, 03/15/36 144A † 1,900,000   1,902,323
One New York Plaza Trust, Series 2020-1NYP, Class A      
(Floating, ICE LIBOR USD 1M + 0.95%, 0.95% Floor), 1.03%, 01/15/26 144A † 240,000   241,080
PFP, Ltd., Series 2019-5, Class A      
(Floating, ICE LIBOR USD 1M + 0.97%, 0.97% Floor), 1.05%, 04/14/36 144A † 80,106   80,337
    Par   Value
PFP, Ltd., Series 2019-6, Class A      
(Floating, ICE LIBOR USD 1M + 1.05%, 1.05% Floor), 1.13%, 04/14/37 144A † $846,444   $846,662
PFP, Ltd., Series 2021-8, Class A      
(Floating, ICE LIBOR USD 1M + 1.00%, 1.00% Floor), 1.10%, 08/09/37 144A † 1,700,000   1,713,988
PKHL Commercial Mortgage Trust, Series 2021-MF, Class A      
(Floating, ICE LIBOR USD 1M + 0.88%, 0.88% Floor), 0.96%, 07/15/38 144A † 678,000   679,228
Pretium Mortgage Credit Partners LLC, Series 2021-RN1, Class A1      
(Step to 4.99% on 07/25/24), 1.99%, 02/25/61 144A  STEP 757,306   757,083
Ready Capital Mortgage Financing LLC, Series 2021-FL6, Class A      
(Floating, ICE LIBOR USD 1M + 0.95%, 0.95% Floor), 1.04%, 07/25/36 144A † 1,500,000   1,497,250
Residential Mortgage Securities 32 PLC, Class A      
(Floating, SONIA Deposit Rates Swap 3M + 1.25%), 1.30%, 06/20/70(U)  144A † 841,791   1,146,923
RFMSI Trust, Series 2003-S9, Class A1      
6.50%, 03/25/32 4,540   4,769
Ripon Mortgages PLC, Series 1X, Class A2      
(Floating, ICE LIBOR GBP 3M + 0.80%), 0.87%, 08/20/56(U) † 700,285   947,752
Seasoned Credit Risk Transfer Trust Series, Series 2019-4, Class MA      
3.00%, 02/25/59 764,890   796,915
Seasoned Credit Risk Transfer Trust, Series 2018-2, Class MA      
3.50%, 11/25/57 325,454   340,290
Seasoned Credit Risk Transfer Trust, Series 2018-3, Class MA      
3.50%, 08/25/57 371,665   389,373
Sequoia Mortgage Trust, Series 2017-CH1, Class A2      
3.50%, 08/25/47 144A 101,537   102,612
Silverstone Master Issuer PLC, Series 2019-1A, Class 1A      
(Floating, ICE LIBOR USD 3M + 0.57%), 0.70%, 01/21/70 144A † 110,000   110,044
STACR Trust, Series 2018-HRP1, Class M2      
(Floating, ICE LIBOR USD 1M + 1.65%), 1.74%, 04/25/43 144A † 2,276,875   2,283,759
 
36

    Par   Value
STACR Trust, Series 2018-HRP2, Class M2      
(Floating, ICE LIBOR USD 1M + 1.25%), 1.34%, 02/25/47 144A † $1,465,014   $1,467,703
Starwood Mortgage Residential Trust, Series 2020-3, Class A1      
1.49%, 04/25/65 144A 436,350   438,747
Starwood Mortgage Residential Trust, Series 2020-INV1, Class A1      
1.03%, 11/25/55 144A 262,240   262,166
Stratton Mortgage Funding, Series 2021-2A, Class A      
(Floating, SONIA Deposit Rates Swap 3M + 0.90%), 0.95%, 07/20/60(U)  144A † 278,084   377,009
Structured Adjustable Rate Mortgage Loan Trust, Series 2004-13, Class A2      
(Floating, ICE LIBOR USD 1M + 0.30%, 0.30% Floor), 0.39%, 09/25/34† 48,058   46,386
Structured Asset Mortgage Investments II Trust, Series 2005-AR5, Class A1      
(Floating, ICE LIBOR USD 1M + 0.50%, 0.50% Floor, 11.00% Cap), 0.59%, 07/19/35† 29,077   28,512
Structured Asset Mortgage Investments II Trust, Series 2005-AR8, Class A1A      
(Floating, ICE LIBOR USD 1M + 0.56%, 0.56% Floor, 10.50% Cap), 0.65%, 02/25/36† 255,578   247,159
STWD Mortgage Trust, Series 2021-HTS, Class A      
(Floating, ICE LIBOR USD 1M + 1.05%, 1.05% Floor), 1.13%, 04/15/34 144A † 1,700,000   1,705,412
STWD Trust, Series 2021-FLWR, Class A      
(Floating, ICE LIBOR USD 1M + 0.58%, 0.58% Floor), 0.66%, 07/15/36 144A † 2,100,000   2,098,436
TBW Mortgage-Backed Trust, Series 2007-2, Class A6A      
(Step to 4.40% on 11/25/21), 6.51%, 07/25/37 STEP 194,993   109,763
TORRENS Trust, Series 2013-1, Class A      
(Floating, Australian BBSW 1M + 0.95%), 0.95%, 04/12/44(A) † 374,370   271,648
Towd Point Mortgage Funding PLC, Series 2019-GR4A, Class A1      
(Floating, ICE LIBOR GBP 3M + 1.03%), 1.10%, 10/20/51(U)  144A † 1,208,086   1,642,049
Towd Point Mortgage Funding, Series 2019-A13A, Class A1      
(Floating, SONIA Deposit Rates Swap 3M + 0.90%), 0.95%, 07/20/45(U)  144A † 2,164,240   2,925,988
    Par   Value
TPGI Trust, Series 2021-DGWD, Class A      
(Floating, ICE LIBOR USD 1M + 0.70%, 0.70% Floor), 0.78%, 06/15/26 144A † $450,000   $450,710
Trinity Square PLC, Series 2021-1A, Class A      
(Floating, SONIA Deposit Rates Swap 3M + 0.85%), 0.90%, 07/15/59(U)  144A † 1,293,701   1,750,798
TTAN, Series 2021-MHC, Class A      
(Floating, ICE LIBOR USD 1M + 0.85%, 0.85% Floor), 0.93%, 03/15/38 144A † 300,000   300,430
UBS Commercial Mortgage Trust, Series 2017-C1, Class A4      
3.46%, 06/15/50 500,000   543,004
UBS Commercial Mortgage Trust, Series 2019-C16, Class ASB      
3.46%, 04/15/52 540,000   588,911
UBS Commercial Mortgage Trust, Series 2019-C18, Class A4      
3.04%, 12/15/52 330,000   352,264
Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2002-AR6, Class A      
(Floating, Federal Reserve U.S. 12 1Y CMT + 1.40%, 1.40% Floor), 1.49%, 06/25/42† 3,327   3,332
Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2003-AR8, Class A      
2.67%, 08/25/33† γ 84,663   88,148
Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2005-AR2, Class 2A1A      
(Floating, ICE LIBOR USD 1M + 0.62%, 0.62% Floor, 10.50% Cap), 0.71%, 01/25/45† 159,117   159,653
Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2006-AR19, Class 1A      
(Floating, Federal Reserve U.S. 12 1Y CMT + 0.74%, 0.74% Floor), 0.83%, 01/25/47† 194,152   189,173
Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2006-AR5, Class A12A      
(Floating, Federal Reserve U.S. 12 1Y CMT + 0.98%, 0.98% Floor), 1.07%, 06/25/46† 393,883   402,156
Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2007-HY1, Class 1A1      
2.90%, 02/25/37† γ 143,081   136,142
Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2007-HY5, Class 2A1      
3.29%, 05/25/37† γ 179,163   161,721
37

LOW-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2007-OA5, Class A1B      
(Floating, Federal Reserve U.S. 12 1Y CMT + 0.84%, 0.84% Floor), 0.93%, 05/25/47† $35,634   $3,822
Wells Fargo Commercial Mortgage Trust, Series 2015-C26, Class A4      
3.17%, 02/15/48 500,000   532,000
Wells Fargo Commercial Mortgage Trust, Series 2016-NXS5, Class A6FL      
(Floating, ICE LIBOR USD 1M + 1.55%, 1.55% Floor), 1.63%, 01/15/59 144A † 2,000,000   2,058,917
Wells Fargo Commercial Mortgage Trust, Series 2017-C39, Class A5      
3.42%, 09/15/50 1,096,000   1,197,655
Wells Fargo Mortgage Backed Securities Trust, Series 2020-RR1, Class A1      
3.00%, 05/25/50 144A † γ 123,971   125,833
WFRBS Commercial Mortgage Trust, Series 2012-C8, Class AFL      
(Floating, ICE LIBOR USD 1M + 1.00%, 1.00% Floor), 1.08%, 08/15/45 144A † 515,266   515,406
WFRBS Commercial Mortgage Trust, Series 2014-C21, Class ASB      
3.39%, 08/15/47 408,455   421,467
WFRBS Commercial Mortgage Trust, Series 2014-LC14, Class ASB      
3.52%, 03/15/47 328,418   337,583
Total Mortgage-Backed Securities
(Cost $178,074,144)
    180,428,036
MUNICIPAL BONDS — 0.4%
California State Earthquake Authority, Revenue Bond, Series B      
1.48%, 07/01/23 315,000   320,250
Hawaii State, General Obligation, Series GB      
0.80%, 10/01/24 1,000,000   1,003,236
North Texas Higher Education Authority, Inc., Revenue Bond      
(Floating, ICE LIBOR USD 3M + 1.10%, 15.00% Cap), 1.25%, 04/01/40† 1,167,676   1,177,953
State of California, General Obligation, Series C      
(Floating, ICE LIBOR USD 1M + 0.78%), 0.86%, 04/01/47† 1,500,000   1,500,611
Total Municipal Bonds
(Cost $3,975,623)
    4,002,050
U.S. TREASURY OBLIGATIONS — 28.3%
U.S. Treasury Notes        
0.13%, 10/31/22 1,500,000   1,500,469
0.13%, 04/30/23 6,700,000   6,692,279
    Par   Value
0.13%, 08/31/23Δ $6,000,000   $5,984,531
0.25%, 09/30/23 42,013,000   41,982,639
0.13%, 12/15/23 19,800,000   19,711,055
0.13%, 01/15/24 7,100,000   7,063,391
0.13%, 02/15/24‡‡ Δ 23,515,000   23,384,565
0.25%, 03/15/24Δ 21,060,000   20,990,897
0.38%, 04/15/24 8,470,000   8,462,059
0.25%, 05/15/24Δ 6,300,000   6,270,223
0.25%, 06/15/24Δ 15,860,000   15,773,266
0.38%, 07/15/24 1,620,000   1,615,760
0.38%, 08/15/24 14,495,000   14,445,173
0.38%, 09/15/24Δ 130,271,000   129,721,419
Total U.S. Treasury Obligations
(Cost $303,864,031)
    303,597,726
    
    Shares  
MONEY MARKET FUNDS — 3.1%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø ∞
24,861,676 24,861,676
Northern Institutional Liquid Assets Portfolio (Shares), 0.03%Ø § 6,788,958 6,788,958
Northern Institutional U.S. Government Portfolio (Shares), 0.00%Ø 1,925,697 1,925,697
Total Money Market Funds
(Cost $33,576,331)
  33,576,331
TOTAL INVESTMENTS  —104.9%
(Cost $1,119,587,997)
  1,124,958,502
    
  Number of
Contracts
  Notional
Amount
 
WRITTEN OPTIONS — (0.0)%
Call Options — (0.0)%
FNCL 2% expiration date 10/2021, Strike Price
$101.19, Expires
10/07/21 (JPM)
1   $(1,517,813) (209)
FNCL 2.5% expiration date 11/2021, Strike Price
$103.38, Expires
11/03/21 (JPM)
1   (3,411,375) (6,906)
        (7,115)
 
38

  Number of
Contracts
  Notional
Amount
  Value
Call Swaptions — (0.0)%
Sell Protection on Markit CDX.NA.IG.36 Index; Receive 1.00% (Quarterly); Credit Default Swap Maturing 6/20/2026 USD, Strike Price
$0.80, Expires
06/20/26 (GSC)
1   $(1,200,000)   $(83)
Sell Protection on Markit CDX.NA.IG.36 Index; Receive 1.00% (Quarterly); Credit Default Swap Maturing 6/20/2026 USD, Strike Price
$0.85, Expires
06/20/26 (GSC)
1   (1,800,000)   (107)
Sell Protection on Markit CDX.NA.IG.37 Index; Receive 1.00% (Quarterly); Credit Default Swap Maturing 12/20/2026 USD, Strike Price
$80.00, Expires
12/20/26 (DEUT)
1   (2,800,000)   (3,597)
  Number of
Contracts
  Notional
Amount
  Value
Sell Protection on Markit CDX.NA.IG.37 Index; Receive 1.00% (Quarterly); Credit Default Swap Maturing 12/20/2026 USD, Strike Price
$80.00, Expires
12/20/26 (MSCS)
1   $(14,200,000)   $(18,240)
          (22,027)
Put Options — (0.0)%
FNCL 3% expiration date 12/2021, Strike Price
$103.99, Expires
12/06/21 (JPM)
1   (1,039,883)   (2,341)
G2SF 2.5% expiration date 10/2021, Strike Price
$102.43, Expires
10/14/21 (JPM)
1   (204,859)   (88)
          (2,429)
Total Written Options
(Premiums received $ (50,928))
      (31,571)
Liabilities in Excess of Other
Assets — (4.9)%
      (52,735,773)
NET ASSETS — 100.0%       $1,072,191,158
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
Euro-Bobl   12/2021   (50)   $(7,814,809)   $51,405
Euro-Bund   12/2021   (1)   (196,711)   2,359
Euro-Schatz   12/2021   (39)   (5,068,934)   3,447
10-Year U.S. Treasury Note   12/2021   (99)   (13,029,328)   120,740
Ultra 10-Year U.S. Treasury Note   12/2021   (97)   (14,089,250)   304,711
Ultra Long U.S. Treasury Bond   12/2021   (2)   (382,125)   10,313
2-Year U.S. Treasury Note   12/2021   1,211   266,486,227   (157,975)
5-Year U.S. Treasury Note   12/2021   (1,034)   (126,915,422)   400,981
90-Day Bank Acceptance   12/2022   302   58,875,217   (169,758)
90-Day Bank Acceptance   03/2023   216   42,019,896   (330,324)
90-Day Eurodollar   12/2023   37   9,144,087   (8,787)
90-Day Eurodollar   12/2024   (37)   (9,101,537)   19,509
Total Futures Contracts outstanding at September 30, 2021           $199,927,311   $246,621
39

LOW-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
Forward Foreign Currency Contracts outstanding at September 30, 2021:
Expiration Date   Currency
Purchased
  Amount
of Currency
Purchased
  Currency
Sold
  Amount
of Currency
Sold
  Counter-
party
  Net Unrealized
Appreciation
(Depreciation)
10/04/21   U.S. Dollars   21,302,405   British Pounds   15,539,000   BAR   $365,052
12/15/21   U.S. Dollars   9,042,687   Euro   7,628,500   HSBC   191,292
12/15/21   U.S. Dollars   9,036,157   Euro   7,628,500   BNP   184,762
10/04/21   U.S. Dollars   6,882,812   Euro   5,827,000   BNP   132,586
03/17/22   U.S. Dollars   5,854,506   Euro   4,958,000   HSBC   90,100
11/08/21   U.S. Dollars   10,107,768   Japanese Yen   1,115,000,000   RBS   86,626
10/04/21   U.S. Dollars   17,876,020   Canadian Dollars   22,565,152   JPM   60,601
11/08/21   U.S. Dollars   3,369,655   Japanese Yen   370,000,000   JPM   44,254
10/05/21   U.S. Dollars   7,804,557   Australian Dollars   10,762,255   BNP   23,805
11/02/21   Japanese Yen   574,200,000   U.S. Dollars   5,140,400   BAR   20,040
11/02/21   U.S. Dollars   7,793,003   Australian Dollars   10,762,255   UBS   11,268
12/15/21   U.S. Dollars   320,025   Australian Dollars   433,000   CBA   6,866
11/02/21   U.S. Dollars   4,848,559   Canadian Dollars   6,133,669   MSCS   6,182
12/15/21   U.S. Dollars   294,772   Euro   251,000   RBS   3,535
11/02/21   U.S. Dollars   6,756,848   Euro   5,827,000   BNP   2,824
12/15/21   U.S. Dollars   298,689   Canadian Dollars   376,000   BOA   1,830
11/02/21   U.S. Dollars   813,613   Canadian Dollars   1,029,573   HSBC   791
Subtotal Appreciation                   $1,232,414
12/15/21   U.S. Dollars   75,307   Euro   65,000   HSBC   $(113)
03/17/22   U.S. Dollars   1,985,499   Canadian Dollars   2,518,000   HSBC   (2,292)
11/02/21   U.S. Dollars   6,718,105   Canadian Dollars   8,521,910   BNP   (9,727)
11/02/21   U.S. Dollars   20,925,301   British Pounds   15,539,000   BAR   (12,696)
10/04/21   Canadian Dollars   6,880,000   U.S. Dollars   5,459,340   BNP   (27,510)
10/04/21   Japanese Yen   376,500,000   U.S. Dollars   3,428,082   BNP   (45,087)
Subtotal Depreciation                   $(97,425)
Total Forward Foreign Currency Contracts outstanding at September 30, 2021       $1,134,989
Swap Agreements outstanding at September 30, 2021:
Reference Obligation   Fixed
Deal
(Pay) Rate
  Maturity
Date
  Counterparty   Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
Credit Default Swaps on Sovereign Issuers—Buy Protection                                
Peoples Republic of China, 7.5% due 10/28/2027 (Pay Quarterly)   (1.00%)   6/20/2024   MS   USD   1,600,000   $(34,111)   $(35,993)   $1,882
    $(34,111)   $(35,993)   $1,882
    
Reference Obligation   Fixed
Deal
(Pay) Rate
  Maturity
Date
  Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Credit Default Swaps on Credit Indexes—Buy Protection                            
Markit CDX.NA.IG.37 Index (Pay Quarterly)   (1.00%)   12/20/2026   USD   34,300,000   $(829,036)   $(856,374)   $27,338
    $(829,036)   $(856,374)   $27,338
    
40

Pay Rate Index/Pay Rate   Receive
Rate/Receive
Rate Index
  Maturity
Date
  Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Interest Rate Swaps                            
1-Month LIBOR + .0975% (Quarterly)   3-Month LIBOR (Quarterly)   1/13/2023   USD   14,200,000   $(7,444)   $  $(7,444)
1-Month LIBOR + .098% (Quarterly)   3-Month LIBOR (Quarterly)   1/13/2023   USD   10,800,000   (5,714)     (5,714)
    $(13,158)   $  —   $(13,158)
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
41

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Par   Value
AGENCY OBLIGATIONS — 1.1%
Federal Farm Credit Banks Funding Corporation        
1.70%, 04/23/35 $3,800,000   $3,676,994
Federal Home Loan Mortgage Corporation        
0.65%, 10/22/25 7,100,000   7,043,636
0.65%, 10/27/25 7,200,000   7,151,123
0.80%, 10/28/26 7,200,000   7,144,849
Federal National Mortgage Association        
6.63%, 11/15/30 670,000   957,277
Total Agency Obligations
(Cost $25,933,615)
    25,973,879
ASSET-BACKED SECURITIES — 4.5%
A10 Bridge Asset Financing LLC, Series 2020-C, Class A      
2.02%, 08/15/40 144A 1,199,912   1,205,981
ABPCI Direct Lending Fund CLO X LP, Series 2020-10A, Class A1A      
(Floating, ICE LIBOR USD 3M + 1.95%, 1.95% Floor), 2.08%, 01/20/32 144A † 970,000   971,596
AGL Core CLO 8, Ltd., Series 2020-8A, Class A1      
(Floating, ICE LIBOR USD 3M + 1.50%, 1.50% Floor), 1.63%, 10/20/31 144A † 390,000   390,275
Allegro CLO XI, Ltd., Series 2019-2A, Class A1A      
(Floating, ICE LIBOR USD 3M + 1.39%, 1.39% Floor), 1.52%, 01/19/33 144A † 500,000   501,000
Ameriquest Mortgage Securities, Inc. Asset-Backed Pass-Through Certificates, Series 2005-R10, Class M3      
(Floating, ICE LIBOR USD 1M + 0.68%, 0.68% Floor), 0.76%, 01/25/36† 2,900,000   2,895,452
AMMC CLO XI, Ltd., Series 2012-11A, Class A1R2      
(Floating, ICE LIBOR USD 3M + 1.01%), 1.14%, 04/30/31 144A † 710,000   710,570
Apidos CLO XXIII, Series 2015-23A, Class AR      
(Floating, ICE LIBOR USD 3M + 1.22%, 1.22% Floor), 1.35%, 04/15/33 144A † 1,500,000   1,501,401
Apidos CLO XXXV, Series 2021-35A, Class A      
(Floating, ICE LIBOR USD 3M + 1.05%, 1.05% Floor), 1.25%, 04/20/34 144A † 540,000   537,209
Ballyrock CLO, Ltd., Series 2018-1A, Class C      
(Floating, ICE LIBOR USD 3M + 3.15%), 3.28%, 04/20/31 144A † 750,000   747,361
    Par   Value
Ballyrock CLO, Ltd., Series 2019-2A, Class A1BR      
(Floating, ICE LIBOR USD 3M + 1.20%, 1.20% Floor), 1.33%, 11/20/30 144A † $490,000   $490,298
Basswood Park CLO, Ltd., Series 2021-1A, Class A      
(Floating, ICE LIBOR USD 3M + 1.00%, 1.00% Floor), 1.21%, 04/20/34 144A † 1,500,000   1,496,470
Bear Stearns Asset Backed Securities Trust, Series 2007-SD1, Class 1A2A      
6.00%, 10/25/36 871,253   577,505
Bear Stearns Asset Backed Securities Trust, Series 2007-SD1, Class 1A3A      
6.50%, 10/25/36 2,063,920   1,361,395
BlueMountain CLO XXVIII, Ltd., Series 2021-28A, Class A      
(Floating, ICE LIBOR USD 3M + 1.26%, 1.26% Floor), 1.39%, 04/15/34 144A † 400,000   401,098
BlueMountain CLO, Ltd., Series 2013-2A, Class A1R      
(Floating, ICE LIBOR USD 3M + 1.18%), 1.32%, 10/22/30 144A † 490,193   491,065
BSPRT Issuer, Ltd., Series 2018-FL4, Class A      
(Floating, ICE LIBOR USD 1M + 1.05%, 1.05% Floor), 1.13%, 09/15/35 144A † 1,157,673   1,157,417
Carlyle Global Market Strategies CLO, Ltd., Series 2014-3RA, Class A1A      
(Floating, ICE LIBOR USD 3M + 1.05%), 1.18%, 07/27/31 144A † 317,386   317,862
Carrington Mortgage Loan Trust, Series 2005-OPT2, Class M4      
(Floating, ICE LIBOR USD 1M + 0.98%, 0.98% Floor), 1.06%, 05/25/35† 1,277,137   1,278,984
Catamaran CLO, Ltd., Series 2013-1A, Class AR      
(Floating, ICE LIBOR USD 3M + 0.85%), 0.98%, 01/27/28 144A † 563,671   563,790
Cayuga Park CLO, Ltd., Series 2020-1A, Class AR      
(Floating, ICE LIBOR USD 3M + 1.12%, 1.12% Floor), 1.23%, 07/17/34 144A † 790,000   789,934
Cedar Funding V CLO, Ltd., Series 2016-5A, Class AFRR      
1.94%, 07/17/31 144A 560,000   561,207
Countrywide Asset-Backed Certificates, Series 2006-1, Class AV3      
(Floating, ICE LIBOR USD 1M + 0.60%, 0.60% Floor), 0.69%, 07/25/36† 41,996   42,030
 
42

    Par   Value
Credit Suisse European Mortgage Capital, Ltd., Series 2019-1OTF, Class A      
(Floating, ICE LIBOR USD 3M + 2.90%), 3.03%, 08/09/24 144A † $965,000   $933,627
CWABS, Inc. Asset-Backed Certificates, Series 2004-1, Class M1      
(Floating, ICE LIBOR USD 1M + 0.75%, 0.75% Floor), 0.84%, 03/25/34† 103,998   103,999
CWHEQ Revolving Home Equity Loan Trust, Series 2005-F, Class 2A      
(Floating, ICE LIBOR USD 1M + 0.24%, 0.24% Floor, 16.00% Cap), 0.32%, 12/15/35† 27,447   26,681
Dryden 75 CLO, Ltd., Series 2019-75A, Class AR2      
(Floating, ICE LIBOR USD 3M + 1.04%, 1.04% Floor), 1.17%, 04/15/34 144A † 250,000   248,550
Dryden 77 CLO, Ltd., Series 2020-77A, Class AR      
(Floating, ICE LIBOR USD 3M + 1.12%, 1.12% Floor), 1.25%, 05/20/34 144A † 6,500,000   6,491,929
Dryden 87 CLO, Ltd., Series 2021-87A, Class A1      
(Floating, ICE LIBOR USD 3M + 1.10%, 1.10% Floor), 1.24%, 05/20/34 144A † 1,440,000   1,436,592
ECMC Group Student Loan Trust, Series 2017-1A, Class A      
(Floating, ICE LIBOR USD 1M + 1.20%), 1.29%, 12/27/66 144A † 803,549   813,482
Elmwood CLO IV, Ltd., Series 2020-1A, Class A      
(Floating, ICE LIBOR USD 3M + 1.24%, 1.24% Floor), 1.37%, 04/15/33 144A † 3,800,000   3,809,497
Federal National Mortgage Association Grantor Trust, Series 2017-T1      
2.90%, 06/25/27 99,550   106,993
Financial Asset Securities Corporation AAA Trust, Series 2005-1A, Class 1A3B      
(Floating, ICE LIBOR USD 1M + 0.41%, 0.41% Floor), 0.50%, 02/27/35 144A † 408,478   379,592
Flagship Credit Auto Trust, Series 2019-3, Class A      
2.33%, 02/15/24 144A 319,881   321,283
GMACM Home Equity Loan Trust, Series 2007-HE3, Class 2A1      
7.00%, 09/25/37† γ 34,896   34,319
    Par   Value
GoldenTree Loan Opportunities IX, Ltd., Series 2014-9A, Class AR2      
(Floating, ICE LIBOR USD 3M + 1.11%, 1.11% Floor), 1.24%, 10/29/29 144A † $1,000,000   $1,000,532
Golub Capital Partners CLO 45M, Ltd., Series 2019-45A, Class A      
(Floating, ICE LIBOR USD 3M + 1.72%, 1.72% Floor), 1.85%, 10/20/31 144A † 250,000   250,165
GoodLeap Sustainable Home Solutions Trust, Series 2021-3CS, Class A      
2.10%, 05/20/48 144A 2,305,820   2,303,472
Greywolf CLO V, Ltd., Series 2015-1A, Class A1R      
(Floating, ICE LIBOR USD 3M + 1.16%, 1.16% Floor), 1.29%, 01/27/31 144A † 500,000   500,612
Halcyon Loan Advisors Funding, Ltd., Series 2015-2A, Class AR      
(Floating, ICE LIBOR USD 3M + 1.08%, 1.08% Floor), 1.21%, 07/25/27 144A † 63,324   63,356
HalseyPoint CLO, Ltd., Series 2020-3A, Class A1A      
(Floating, ICE LIBOR USD 3M + 1.45%, 1.45% Floor), 1.58%, 11/30/32 144A † 530,000   531,982
Higher Education Funding I, Series 2014-1, Class A      
(Floating, ICE LIBOR USD 3M + 1.05%), 1.18%, 05/25/34 144A † 534,401   536,617
Hildene Community Funding CDO, Ltd., Series 2015-1A, Class AR      
3.25%, 11/01/35 144A 750,000   741,982
ICG U.S. CLO, Ltd., Series 2017-1A, Class ARR      
(Floating, ICE LIBOR USD 3M + 1.17%, 1.17% Floor), 1.30%, 07/28/34 144A † 1,500,000   1,496,323
InStar Leasing III LLC, Series 2021-1A, Class A      
2.30%, 02/15/54 144A 978,304   978,604
KKR CLO, Ltd., Series 32A, Class A1      
(Floating, ICE LIBOR USD 3M + 1.32%, 1.32% Floor), 1.45%, 01/15/32 144A † 340,000   340,324
KREF, Ltd., Series 2021-FL2, Class A      
(Floating, ICE LIBOR USD 1M + 1.07%, 1.07% Floor), 1.15%, 02/15/39 144A † 1,560,000   1,562,830
LCCM Trust, Series 2021-FL2, Class A      
(Floating, ICE LIBOR USD 1M + 1.20%, 1.20% Floor), 1.28%, 12/13/38 144A † 750,000   751,172
43

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
LCM XVIII LP, Series 19A, Class AR      
(Floating, ICE LIBOR USD 3M + 1.24%, 1.24% Floor), 1.37%, 07/15/27 144A † $132,806   $132,952
Loanpal Solar Loan, Ltd., Series 2021-1GS, Class A      
2.29%, 01/20/48 144A 755,834   766,060
LP Credit Card ABS Master Trust, Series 2018-1, Class A      
(Floating, ICE LIBOR USD 1M + 1.55%), 1.64%, 08/20/24 144A † 996,899   996,899
Madison Park Funding XXX, Ltd., Series 2018-30A, Class A      
(Floating, ICE LIBOR USD 3M + 0.75%, 0.75% Floor), 0.88%, 04/15/29 144A † 2,742,090   2,742,914
Magnetite VIII, Ltd., Series 2014-8A, Class CR2      
(Floating, ICE LIBOR USD 3M + 1.85%, 1.85% Floor), 1.98%, 04/15/31 144A † 500,000   500,498
MF1, Ltd., Series 2021-FL6, Class A      
(Floating, ICE LIBOR USD 1M + 1.10%, 1.10% Floor), 1.18%, 07/16/36 144A † 900,000   901,449
Mill City Mortgage Loan Trust, Series 2017-2, Class A3      
2.99%, 07/25/59 144A † γ 207,210   214,902
Mississippi Higher Education Assistance Corporation, Series 2014-1, Class A1      
(Floating, ICE LIBOR USD 1M + 0.68%, 0.68% Floor), 0.77%, 10/25/35† 362,271   363,728
NADG NNN Operating LP, Series 2019-1, Class A      
3.37%, 12/28/49 144A 882,213   905,088
Navient Student Loan Trust, Series 2016-3A, Class A3      
(Floating, ICE LIBOR USD 1M + 1.35%), 1.44%, 06/25/65 144A † 1,346,521   1,390,376
Navient Student Loan Trust, Series 2016-6A, Class A3      
(Floating, ICE LIBOR USD 1M + 1.30%), 1.39%, 03/25/66 144A † 3,176,000   3,306,795
Navient Student Loan Trust, Series 2017-2A, Class A      
(Floating, ICE LIBOR USD 1M + 1.05%), 1.14%, 12/27/66 144A † 1,273,278   1,294,847
Navient Student Loan Trust, Series 2020-1A, Class A1B      
(Floating, ICE LIBOR USD 1M + 1.05%, 1.05% Floor), 1.14%, 06/25/69 144A † 2,070,749   2,128,940
Neuberger Berman Loan Advisers CLO, Ltd., Series 2018-29A, Class A1      
(Floating, ICE LIBOR USD 3M + 1.13%, 1.13% Floor), 1.26%, 10/19/31 144A † 750,000   750,423
    Par   Value
Oak Street Investment Grade Net Lease Fund, Series 2020-1A, Class A1      
1.85%, 11/20/50 144A $670,118   $676,434
Ocean Trails CLO IX, Series 2020-9A, Class A1      
(Floating, ICE LIBOR USD 3M + 1.87%, 1.87% Floor), 2.00%, 10/15/29 144A † 1,080,000   1,080,054
Octagon Investment Partners 36, Ltd., Series 2018-1A, Class A1      
(Floating, ICE LIBOR USD 3M + 0.97%), 1.10%, 04/15/31 144A † 700,000   700,145
Octagon Investment Partners 45, Ltd., Series 2019-1A, Class A      
(Floating, ICE LIBOR USD 3M + 1.33%, 1.33% Floor), 1.46%, 10/15/32 144A † 750,000   750,427
Octagon Investment Partners XXI, Ltd., Series 2014-1A, Class AAR3      
(Floating, ICE LIBOR USD 3M + 1.00%, 1.00% Floor), 1.12%, 02/14/31 144A † 530,000   530,069
OHA Credit Funding 7, Ltd., Series 2020-7A, Class A      
(Floating, ICE LIBOR USD 3M + 1.25%, 1.25% Floor), 1.38%, 10/19/32 144A † 270,000   270,176
OHA Loan Funding, Ltd., Series 2015-1A, Class A1R2      
(Floating, ICE LIBOR USD 3M + 1.34%, 1.34% Floor), 1.46%, 11/15/32 144A † 1,170,000   1,171,085
Owl Rock CLO III, Ltd., Series 2020-3A, Class A1L      
(Floating, ICE LIBOR USD 3M + 1.80%), 1.93%, 04/20/32 144A † 600,000   601,272
PHEAA Student Loan Trust, Series 2012-1A, Class A1      
(Floating, ICE LIBOR USD 1M + 0.55%), 0.64%, 05/25/57 144A † 433,914   434,320
PHEAA Student Loan Trust, Series 2016-1A, Class A      
(Floating, ICE LIBOR USD 1M + 1.15%, 1.15% Floor), 1.24%, 09/25/65 144A † 403,462   411,548
PHEAA Student Loan Trust, Series 2016-2A, Class A      
(Floating, ICE LIBOR USD 1M + 0.95%), 1.04%, 11/25/65 144A † 365,186   370,531
Point Au Roche Park CLO, Ltd., Series 2021-1A, Class A      
(Floating, ICE LIBOR USD 3M + 1.08%, 1.08% Floor), 1.26%, 07/20/34 144A † 1,170,000   1,167,151
RAMP Trust, Series 2005-EFC6, Class M2      
(Floating, ICE LIBOR USD 1M + 0.43%, 0.65% Floor, 14.00% Cap), 0.73%, 11/25/35† 301,158   301,318
 
44

    Par   Value
Recette CLO, Ltd., Series 2015-1A, Class ARR      
(Floating, ICE LIBOR USD 3M + 1.08%), 1.21%, 04/20/34 144A † $340,000   $339,974
Saxon Asset Securities Trust, Series 2004-1, Class M1      
(Floating, 0.80% - ICE LIBOR USD 1M, 0.80% Floor, 10.28% Cap), 0.62%, 03/25/35† 97,575   95,867
SBA Small Business Investment Cos., Series 2018-10B, Class 1      
3.55%, 09/10/28 136,923   147,275
Shackleton CLO, Ltd., Series 2014-6RA, Class A      
(Floating, ICE LIBOR USD 3M + 1.02%, 1.02% Floor), 1.15%, 07/17/28 144A † 378,120   378,130
Shackleton CLO, Ltd., Series 2019-14A, Class A1R      
(Floating, ICE LIBOR USD 3M + 1.20%, 1.20% Floor), 1.33%, 07/20/34 144A † 8,700,000   8,699,157
SLC Student Loan Trust, Series 2005-3, Class A3      
(Floating, ICE LIBOR USD 3M + 0.12%), 0.24%, 06/15/29† 271,763   271,233
SLM Student Loan Trust, Series 2003-10A, Class A3      
(Floating, ICE LIBOR USD 3M + 0.47%), 0.59%, 12/15/27 144A † 518,906   519,045
SLM Student Loan Trust, Series 2005-4, Class A3      
(Floating, ICE LIBOR USD 3M + 0.12%), 0.25%, 01/25/27† 50,809   50,706
SLM Student Loan Trust, Series 2005-5, Class A4      
(Floating, ICE LIBOR USD 3M + 0.14%, 0.14% Floor), 0.27%, 10/25/28† 370,934   369,468
SLM Student Loan Trust, Series 2007-1, Class A5      
(Floating, ICE LIBOR USD 3M + 0.09%), 0.22%, 01/26/26† 91,250   91,246
SMB Private Education Loan Trust, Series 2020-B, Class A1A      
1.29%, 07/15/53 144A 469,226   471,355
SMB Private Education Loan Trust, Series 2021-A, Class A2B      
1.59%, 01/15/53 144A 1,530,000   1,529,373
SMB Private Education Loan Trust, Series 2021-A, Class B      
2.31%, 01/15/53 144A 660,000   669,961
SMB Private Education Loan Trust, Series 2021-C, Class B      
2.30%, 01/15/53 144A 580,000   582,321
Sonic Capital LLC, Series 2020-1A, Class A2I      
3.85%, 01/20/50 144A 662,742   700,087
    Par   Value
Sound Point CLO XX, Ltd., Series 2018-2A, Class A      
(Floating, ICE LIBOR USD 3M + 1.10%), 1.23%, 07/26/31 144A † $500,000   $499,919
Structured Asset Investment Loan Trust, Series 2005-1, Class M3      
(Floating, ICE LIBOR USD 1M + 0.78%, 0.78% Floor), 0.87%, 02/25/35 144A † 2,700,000   2,723,764
Sunrun Demeter Issuer, Series 2021-2A, Class A      
2.27%, 01/30/57 144A 2,300,000   2,306,322
Tralee CLO VI, Ltd., Series 2019-6A, Class AS      
(Floating, ICE LIBOR USD 3M + 1.30%), 1.43%, 10/25/32 144A † 620,000   620,367
Tryon Park CLO, Ltd., Series 2013-1A, Class A1SR      
(Floating, ICE LIBOR USD 3M + 0.89%), 1.02%, 04/15/29 144A † 2,336,465   2,337,493
Trysail CLO, Ltd., Series 2021-1A, Class A1      
(Floating, ICE LIBOR USD 3M + 1.32%, 1.32% Floor), 1.46%, 07/20/32 144A † 2,900,000   2,899,991
United States Small Business Administration, Series 2019-20D, Class 1      
2.98%, 04/01/39 115,759   125,091
United States Small Business Administration, Series 2019-25G, Class 1      
2.69%, 07/01/44 193,203   204,123
Utah State Board of Regents, Series 2015-1, Class A      
(Floating, ICE LIBOR USD 1M + 0.60%, 0.60% Floor), 0.68%, 02/25/43† 285,796   285,411
Venture 39 CLO, Ltd., Series 2020-39A, Class A1      
(Floating, ICE LIBOR USD 3M + 1.28%, 1.28% Floor), 1.41%, 04/15/33 144A † 2,525,000   2,530,723
Voya CLO, Ltd., Series 2016-3A, Class A1R      
(Floating, ICE LIBOR USD 3M + 1.19%), 1.32%, 10/18/31 144A † 500,000   500,264
Voya CLO, Ltd., Series 2017-3A, Class A1R      
(Floating, ICE LIBOR USD 3M + 1.04%), 1.17%, 04/20/34 144A † 490,000   488,567
Voya CLO, Ltd., Series 2018-3A, Class A1A      
(Floating, ICE LIBOR USD 3M + 1.15%, 1.15% Floor), 1.28%, 10/15/31 144A † 1,250,000   1,250,623
45

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Voya CLO, Ltd., Series 2019-1A, Class AR      
(Floating, ICE LIBOR USD 3M + 1.06%, 1.06% Floor), 1.19%, 04/15/31 144A † $1,700,000   $1,700,336
Wellfleet CLO X, Ltd., Series 2019-XA, Class A1R      
(Floating, ICE LIBOR USD 3M + 1.17%), 1.34%, 07/20/32 144A † 6,900,000   6,919,921
Whitebox CLO II, Ltd., Series 2020-2A, Class A1      
(Floating, ICE LIBOR USD 3M + 1.75%, 1.75% Floor), 1.88%, 10/24/31 144A † 620,000   621,567
Whitehorse XII, Ltd., Series 2018-12A, Class D      
(Floating, ICE LIBOR USD 3M + 3.65%, 3.65% Floor), 3.78%, 10/15/31 144A † 750,000   734,802
Total Asset-Backed Securities
(Cost $111,664,179)
    111,279,298
CORPORATE BONDS — 27.5%
3M Co.      
2.38%, 08/26/29Δ 210,000   218,017
3.05%, 04/15/30Δ 50,000   54,098
3.70%, 04/15/50 790,000   903,295
7-Eleven, Inc.      
1.30%, 02/10/28 144A 725,000   697,406
Abbott Laboratories      
3.75%, 11/30/26 148,000   166,110
4.75%, 11/30/36 205,000   261,079
4.90%, 11/30/46Δ 210,000   284,697
Adobe, Inc.      
2.30%, 02/01/30 650,000   672,695
Adventist Health System      
2.95%, 03/01/29 160,000   168,251
Aetna, Inc.      
2.80%, 06/15/23 50,000   51,778
Air Lease Corporation      
3.38%, 07/01/25 1,430,000   1,519,332
2.88%, 01/15/26 1,600,000   1,672,614
3.75%, 06/01/26 875,000   947,655
3.25%, 10/01/29 45,000   46,977
Alaska Airlines Pass-Through Trust, Series 2020-1, Class A      
4.80%, 08/15/27 144A 1,566,740   1,748,707
Alexandria Real Estate Equities, Inc. REIT      
3.80%, 04/15/26 900,000   992,822
2.75%, 12/15/29 1,400,000   1,455,769
3.38%, 08/15/31 325,000   353,985
Allegion U.S. Holding Co., Inc.      
3.20%, 10/01/24 400,000   424,180
Alliant Energy Finance LLC      
3.75%, 06/15/23 144A 275,000   288,416
4.25%, 06/15/28 144A 75,000   85,031
Ally Financial, Inc.      
1.45%, 10/02/23 250,000   253,774
    Par   Value
5.80%, 05/01/25 $50,000   $57,541
Alphabet, Inc.      
0.45%, 08/15/25Δ 60,000   59,288
0.80%, 08/15/27Δ 130,000   127,437
1.10%, 08/15/30Δ 150,000   141,788
2.05%, 08/15/50 230,000   201,218
Amazon.com, Inc.      
3.80%, 12/05/24Δ 40,000   43,684
0.80%, 06/03/25Δ 310,000   309,610
5.20%, 12/03/25 30,000   34,896
1.20%, 06/03/27Δ 390,000   388,959
3.15%, 08/22/27 270,000   297,029
1.50%, 06/03/30Δ 190,000   184,895
2.10%, 05/12/31Δ 170,000   172,316
4.80%, 12/05/34 75,000   95,675
3.88%, 08/22/37 160,000   189,074
4.95%, 12/05/44 220,000   296,914
4.05%, 08/22/47 290,000   352,219
2.50%, 06/03/50 310,000   290,821
4.25%, 08/22/57 160,000   203,555
Amdocs, Ltd.      
2.54%, 06/15/30 1,975,000   1,967,905
American Airlines Pass-Through Trust, Series 2013-1, Class A      
4.00%, 07/15/25 712,064   692,703
American Airlines Pass-Through Trust, Series 2017-2, Class AA      
3.35%, 10/15/29Δ 1,759,030   1,777,199
American Campus Communities Operating Partnership LP REIT      
3.75%, 04/15/23 525,000   546,662
2.85%, 02/01/30 40,000   41,136
American Express Co.      
2.50%, 07/30/24 1,995,000   2,097,798
American Homes 4 Rent LP REIT      
4.90%, 02/15/29 309,000   361,845
2.38%, 07/15/31 205,000   203,306
American International Group, Inc.      
4.13%, 02/15/24 75,000   80,988
2.50%, 06/30/25 150,000   157,128
3.90%, 04/01/26 825,000   915,674
4.20%, 04/01/28 1,850,000   2,109,521
3.40%, 06/30/30Δ 250,000   272,979
6.25%, 03/15/37 278,000   327,284
American Tower Corporation REIT      
3.38%, 05/15/24 825,000   879,163
3.38%, 10/15/26 1,500,000   1,624,157
Amgen, Inc.      
3.63%, 05/22/24 50,000   53,595
3.13%, 05/01/25 60,000   64,109
4.66%, 06/15/51 34,000   42,955
Anthem, Inc.      
2.95%, 12/01/22 390,000   400,973
3.35%, 12/01/24 130,000   139,412
2.38%, 01/15/25 25,000   26,056
3.65%, 12/01/27 250,000   277,902
2.55%, 03/15/31Δ 2,100,000   2,159,781
 
46

    Par   Value
Apache Corporation      
3.25%, 04/15/22 $24,000   $24,139
4.38%, 10/15/28 20,000   21,650
4.25%, 01/15/30Δ 60,000   64,765
5.10%, 09/01/40 180,000   201,821
5.25%, 02/01/42 30,000   32,982
4.75%, 04/15/43Δ 40,000   43,385
4.25%, 01/15/44Δ 300,000   302,189
5.35%, 07/01/49 140,000   155,761
Appalachian Power Co.      
2.70%, 04/01/31 2,200,000   2,259,040
Apple, Inc.      
1.13%, 05/11/25 630,000   634,789
3.20%, 05/13/25 65,000   70,213
3.25%, 02/23/26 30,000   32,650
2.45%, 08/04/26 595,000   629,917
4.50%, 02/23/36Δ 10,000   12,544
Applied Materials, Inc.      
1.75%, 06/01/30 300,000   295,585
Arch Capital Finance LLC      
4.01%, 12/15/26 600,000   675,908
Arch Capital Group, Ltd.      
7.35%, 05/01/34 175,000   256,442
Archer-Daniels-Midland Co.      
3.25%, 03/27/30 150,000   164,536
Arrow Electronics, Inc.      
4.50%, 03/01/23 1,200,000   1,252,896
Ashtead Capital, Inc.      
1.50%, 08/12/26 144A 350,000   346,587
2.45%, 08/12/31 144A 350,000   344,329
AT&T, Inc.      
4.45%, 04/01/24 725,000   785,740
2.30%, 06/01/27 1,930,000   1,999,024
1.65%, 02/01/28Δ 540,000   536,052
2.75%, 06/01/31 175,000   179,831
2.25%, 02/01/32 1,700,000   1,656,606
2.55%, 12/01/33Δ 2,794,000   2,751,314
5.25%, 03/01/37 245,000   304,246
4.90%, 08/15/37 200,000   242,949
6.38%, 03/01/41 325,000   461,194
3.50%, 06/01/41 400,000   411,215
3.10%, 02/01/43 1,110,000   1,066,150
4.35%, 06/15/45 94,000   106,377
5.15%, 11/15/46 125,000   158,483
5.45%, 03/01/47 575,000   751,289
4.50%, 03/09/48 197,000   227,401
5.15%, 02/15/50 200,000   252,568
3.65%, 06/01/51 325,000   331,848
3.50%, 09/15/53 1,913,000   1,897,099
3.55%, 09/15/55 301,000   297,437
3.80%, 12/01/57 60,000   61,422
3.65%, 09/15/59 37,000   36,971
AutoNation, Inc.      
1.95%, 08/01/28Δ 150,000   148,041
4.75%, 06/01/30 225,000   262,617
AvalonBay Communities, Inc. REIT      
2.05%, 01/15/32 2,400,000   2,367,249
    Par   Value
Avangrid, Inc.      
3.20%, 04/15/25 $275,000   $293,023
Aviation Capital Group LLC      
5.50%, 12/15/24 144A 2,000,000   2,242,295
1.95%, 01/30/26 144A 400,000   398,746
Baker Hughes a GE Co. LLC      
4.08%, 12/15/47 40,000   45,223
Bank of America Corporation      
3.30%, 01/11/23 120,000   124,565
(Variable, ICE LIBOR USD 3M + 0.79%), 3.00%, 12/20/23^ 329,000   339,133
(Variable, ICE LIBOR USD 3M + 0.78%), 3.55%, 03/05/24^ 530,000   552,630
4.00%, 04/01/24 420,000   454,820
(Floating, ICE LIBOR USD 3M + 0.96%), 1.10%, 07/23/24† 900,000   913,385
(Variable, ICE LIBOR USD 3M + 0.94%), 3.86%, 07/23/24^ 225,000   238,182
4.20%, 08/26/24 1,295,000   1,417,029
(Variable, ICE LIBOR USD 3M + 3.71%), 6.25%, 09/05/24ρ ^ 300,000   330,188
(Variable, ICE LIBOR USD 3M + 4.17%), 6.50%, 10/23/24ρ Δ ^ 150,000   168,225
4.00%, 01/22/25 440,000   478,324
(Variable, ICE LIBOR USD 3M + 0.97%), 3.46%, 03/15/25^ 60,000   63,849
(Variable, ICE LIBOR USD 3M + 1.09%), 3.09%, 10/01/25^ 2,240,000   2,381,880
(Variable, ICE LIBOR USD 3M + 0.81%), 3.37%, 01/23/26^ 55,000   58,785
4.45%, 03/03/26 420,000   470,520
3.50%, 04/19/26 1,260,000   1,376,652
(Variable, U.S. SOFR + 1.15%), 1.32%, 06/19/26^ 60,000   60,008
4.25%, 10/22/26 480,000   540,686
(Variable, U.S. SOFR + 1.01%), 1.20%, 10/24/26Δ ^ 2,200,000   2,184,313
3.25%, 10/21/27Δ 875,000   945,344
4.18%, 11/25/27 825,000   920,200
(Variable, ICE LIBOR USD 3M + 1.37%), 3.59%, 07/21/28^ 860,000   943,428
(Variable, ICE LIBOR USD 3M + 1.04%), 3.42%, 12/20/28^ 694,000   752,680
(Variable, ICE LIBOR USD 3M + 1.07%), 3.97%, 03/05/29^ 300,000   333,869
(Variable, ICE LIBOR USD 3M + 1.31%), 4.27%, 07/23/29^ 525,000   595,693
(Variable, ICE LIBOR USD 3M + 1.19%), 2.88%, 10/22/30^ 500,000   522,264
(Variable, ICE LIBOR USD 3M + 0.99%), 2.50%, 02/13/31^ 75,000   75,941
(Variable, U.S. SOFR + 2.15%), 2.59%, 04/29/31^ 1,010,000   1,031,431
(Variable, U.S. SOFR + 1.53%), 1.90%, 07/23/31^ 1,150,000   1,109,650
(Variable, U.S. SOFR + 1.22%), 2.30%, 07/21/32^ 755,000   744,736
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 1.20%), 2.48%, 09/21/36^ 600,000   588,408
6.11%, 01/29/37 500,000   674,855
47

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
(Variable, ICE LIBOR USD 3M + 1.81%), 4.24%, 04/24/38^ $30,000   $35,133
5.00%, 01/21/44 790,000   1,037,714
(Variable, ICE LIBOR USD 3M + 1.19%), 3.95%, 01/23/49^ 270,000   312,513
(Variable, ICE LIBOR USD 3M + 1.52%), 4.33%, 03/15/50^ 170,000   208,682
(Variable, ICE LIBOR USD 3M + 3.15%), 4.08%, 03/20/51^ 990,000   1,172,892
(Variable, U.S. SOFR + 1.88%), 2.83%, 10/24/51^ 750,000   719,772
Banner Health      
2.34%, 01/01/30 865,000   887,451
Barrick North America Finance LLC      
5.70%, 05/30/41Δ 150,000   202,816
Bausch Health Americas, Inc.      
9.25%, 04/01/26 144A 200,000   213,845
Baylor Scott & White Holdings      
1.78%, 11/15/30 305,000   299,261
Becton, Dickinson and Co.      
3.36%, 06/06/24 377,000   400,980
3.73%, 12/15/24 47,000   50,810
3.70%, 06/06/27 1,685,000   1,867,102
2.82%, 05/20/30 650,000   681,577
4.69%, 12/15/44 94,000   117,298
Berkshire Hathaway Energy Co.      
3.25%, 04/15/28 400,000   436,742
3.70%, 07/15/30 400,000   450,918
Berkshire Hathaway Finance Corporation      
1.85%, 03/12/30Δ 725,000   722,618
4.25%, 01/15/49 460,000   561,430
Berry Global, Inc.      
1.57%, 01/15/26 144A 2,475,000   2,477,450
Biogen, Inc.      
3.15%, 05/01/50Δ 65,000   62,079
Block Financial LLC      
3.88%, 08/15/30 1,600,000   1,741,172
Boeing Co. (The)      
1.17%, 02/04/23 2,000,000   2,004,545
1.43%, 02/04/24 2,920,000   2,924,528
4.88%, 05/01/25 850,000   946,378
2.20%, 02/04/26 430,000   433,266
2.70%, 02/01/27 70,000   72,492
2.80%, 03/01/27 110,000   114,731
5.15%, 05/01/30Δ 1,200,000   1,409,153
3.25%, 02/01/35 925,000   925,900
6.63%, 02/15/38 210,000   281,954
3.55%, 03/01/38 70,000   71,240
5.71%, 05/01/40 340,000   432,591
3.85%, 11/01/48 25,000   25,621
3.75%, 02/01/50 200,000   202,263
5.81%, 05/01/50 1,400,000   1,869,448
5.93%, 05/01/60 10,000   13,688
Boston Properties LP REIT      
4.50%, 12/01/28 930,000   1,071,653
2.55%, 04/01/32 2,200,000   2,198,680
    Par   Value
Boston Scientific Corporation      
2.65%, 06/01/30Δ $1,900,000   $1,962,208
BP Capital Markets America, Inc.      
3.22%, 11/28/23 370,000   390,387
3.79%, 02/06/24Δ 50,000   53,545
3.12%, 05/04/26 570,000   616,629
3.54%, 04/06/27 50,000   55,120
4.23%, 11/06/28 1,550,000   1,778,765
3.63%, 04/06/30 490,000   546,617
3.00%, 02/24/50 520,000   500,963
Brighthouse Financial, Inc.      
3.70%, 06/22/27Δ 449,000   492,133
Bristol-Myers Squibb Co.      
3.88%, 08/15/25 611,000   674,010
3.45%, 11/15/27 55,000   61,180
3.90%, 02/20/28 30,000   33,938
Broadcom, Inc.      
4.70%, 04/15/25 760,000   847,025
3.15%, 11/15/25 470,000   502,539
3.46%, 09/15/26 3,431,000   3,708,961
2.45%, 02/15/31 144A 2,000,000   1,938,365
4.30%, 11/15/32 2,000,000   2,242,885
3.42%, 04/15/33 144A 900,000   932,396
3.47%, 04/15/34 144A 2,090,000   2,154,107
3.14%, 11/15/35 144A 6,814,000   6,793,415
3.19%, 11/15/36 144A 28,000   27,921
3.50%, 02/15/41 144A 325,000   321,612
Calpine Corporation      
4.50%, 02/15/28 144A 495,000   505,519
Camden Property Trust REIT      
3.15%, 07/01/29 65,000   70,279
Cameron LNG LLC      
2.90%, 07/15/31 144A 70,000   74,267
3.30%, 01/15/35 144A 460,000   491,715
Capital One Financial Corporation      
3.50%, 06/15/23 325,000   341,664
3.30%, 10/30/24 345,000   370,258
Carrier Global Corporation      
2.24%, 02/15/25 35,000   36,273
2.49%, 02/15/27 1,225,000   1,281,535
2.72%, 02/15/30 650,000   672,895
3.58%, 04/05/50 20,000   21,286
CenterPoint Energy Resources Corporation      
(Floating, ICE LIBOR USD 3M + 0.50%), 0.62%, 03/02/23† 2,100,000   2,100,350
CenterPoint Energy, Inc.      
4.25%, 11/01/28 700,000   798,270
CF Industries, Inc.      
5.38%, 03/15/44 35,000   44,474
CH Robinson Worldwide, Inc.      
4.20%, 04/15/28 1,500,000   1,700,311
Charles Schwab Corporation (The)      
4.20%, 03/24/25 60,000   66,360
3.30%, 04/01/27 65,000   70,839
3.25%, 05/22/29 10,000   10,940
 
48

    Par   Value
Charter Communications Operating LLC      
4.46%, 07/23/22 $1,700,000   $1,743,396
4.91%, 07/23/25 7,190,000   8,089,466
4.20%, 03/15/28 510,000   570,020
2.25%, 01/15/29 2,300,000   2,299,150
5.05%, 03/30/29 460,000   538,965
6.38%, 10/23/35 525,000   691,210
5.38%, 04/01/38 180,000   217,505
3.50%, 03/01/42 120,000   117,535
6.48%, 10/23/45 90,000   122,561
4.80%, 03/01/50 360,000   404,718
Cheniere Corpus Christi Holdings LLC      
5.13%, 06/30/27 25,000   28,920
Cheniere Energy Partners LP      
4.00%, 03/01/31 144A Δ 60,000   62,907
3.25%, 01/31/32 144A 80,000   80,364
Chevron Corporation      
1.55%, 05/11/25 310,000   317,062
2.95%, 05/16/26 350,000   377,308
2.00%, 05/11/27 100,000   103,210
Chevron U.S.A., Inc.      
3.85%, 01/15/28 550,000   621,490
6.00%, 03/01/41 10,000   14,515
4.95%, 08/15/47 110,000   147,203
Choice Hotels International, Inc.      
3.70%, 12/01/29 1,500,000   1,597,365
Chubb INA Holdings, Inc.      
3.35%, 05/03/26 120,000   130,959
Cigna Corporation      
3.75%, 07/15/23 293,000   309,790
4.13%, 11/15/25 180,000   200,096
4.38%, 10/15/28 460,000   531,998
2.40%, 03/15/30 1,250,000   1,271,582
4.80%, 08/15/38 640,000   783,898
3.20%, 03/15/40 675,000   695,859
4.90%, 12/15/48Δ 1,000,000   1,280,087
Cimarex Energy Co.      
3.90%, 05/15/27 660,000   722,581
4.38%, 03/15/29 650,000   735,243
Cintas Corporation No. 2      
2.90%, 04/01/22 180,000   181,981
3.70%, 04/01/27 190,000   212,189
Cisco Systems, Inc.      
5.50%, 01/15/40 75,000   104,939
CIT Bank NA      
(Variable, U.S. SOFR + 1.72%), 2.97%, 09/27/25^ 550,000   578,793
Citigroup, Inc.      
(Variable, ICE LIBOR USD 3M + 4.07%), 5.95%, 01/30/23ρ Δ ^ 170,000   177,331
3.50%, 05/15/23 220,000   230,547
(Variable, U.S. SOFR + 1.67%), 1.68%, 05/15/24^ 2,190,000   2,233,284
(Variable, ICE LIBOR USD 3M + 0.90%), 3.35%, 04/24/25^ 65,000   69,056
(Variable, U.S. SOFR + 0.67%), 0.98%, 05/01/25^ 70,000   70,244
    Par   Value
(Variable, ICE LIBOR USD 3M + 3.91%), 5.95%, 05/15/25ρ ^ $430,000   $470,313
4.40%, 06/10/25 450,000   497,957
5.50%, 09/13/25 490,000   565,730
(Variable, U.S. SOFR + 2.84%), 3.11%, 04/08/26^ 190,000   201,799
3.40%, 05/01/26 2,075,000   2,260,084
(Variable, ICE LIBOR USD 3M + 4.52%), 6.25%, 08/15/26ρ ^ 150,000   174,032
3.20%, 10/21/26 500,000   539,375
4.30%, 11/20/26 1,675,000   1,882,468
4.45%, 09/29/27 2,305,000   2,623,111
(Variable, ICE LIBOR USD 3M + 1.39%), 3.67%, 07/24/28Δ ^ 150,000   164,986
4.13%, 07/25/28 1,750,000   1,954,906
(Variable, U.S. SOFR + 3.91%), 4.41%, 03/31/31^ 340,000   392,764
(Variable, U.S. SOFR + 2.11%), 2.57%, 06/03/31^ 790,000   805,724
6.63%, 06/15/32 50,000   67,224
8.13%, 07/15/39 260,000   444,830
6.68%, 09/13/43 10,000   15,261
5.30%, 05/06/44 24,000   31,985
4.65%, 07/30/45 894,000   1,138,790
4.75%, 05/18/46 40,000   50,295
4.65%, 07/23/48 160,000   206,622
Citizens Financial Group, Inc.      
2.85%, 07/27/26 65,000   69,089
Citrix Systems, Inc.      
1.25%, 03/01/26 2,100,000   2,066,653
4.50%, 12/01/27 40,000   44,301
Coca-Cola Co. (The)      
3.38%, 03/25/27 120,000   132,977
1.45%, 06/01/27Δ 265,000   267,661
2.50%, 06/01/40 20,000   19,462
2.60%, 06/01/50 130,000   124,417
Comcast Corporation      
3.10%, 04/01/25 245,000   262,225
3.38%, 08/15/25 275,000   298,040
3.95%, 10/15/25 477,000   529,375
3.15%, 03/01/26 130,000   140,547
3.30%, 02/01/27 344,000   375,633
3.30%, 04/01/27 1,710,000   1,873,418
4.15%, 10/15/28 1,180,000   1,357,805
3.40%, 04/01/30Δ 150,000   165,283
4.25%, 10/15/30 410,000   477,806
5.65%, 06/15/35 420,000   562,001
6.50%, 11/15/35 7,000   10,066
3.90%, 03/01/38 30,000   34,102
3.25%, 11/01/39 400,000   422,740
3.75%, 04/01/40Δ 165,000   185,584
3.40%, 07/15/46 50,000   53,102
4.00%, 03/01/48 40,000   45,824
4.70%, 10/15/48 100,000   127,859
4.00%, 11/01/49 60,000   69,584
3.45%, 02/01/50 300,000   318,556
2.80%, 01/15/51Δ 270,000   256,067
2.94%, 11/01/56 144A 135,000   127,764
49

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
CommonSpirit Health      
4.35%, 11/01/42 $40,000   $45,989
Commonwealth Edison Co.      
3.80%, 10/01/42 300,000   339,633
ConocoPhillips      
3.75%, 10/01/27 144A 170,000   189,968
4.30%, 08/15/28 144A 480,000   553,055
6.50%, 02/01/39 30,000   43,796
ConocoPhillips Co.      
6.95%, 04/15/29 220,000   294,169
Consolidated Edison Co. of New York, Inc.      
3.35%, 04/01/30 130,000   142,401
3.95%, 04/01/50 140,000   159,945
Continental Resources, Inc.      
4.50%, 04/15/23 556,000   576,850
4.38%, 01/15/28Δ 320,000   354,400
5.75%, 01/15/31 144A 210,000   254,100
4.90%, 06/01/44 50,000   56,063
CoStar Group, Inc.      
2.80%, 07/15/30 144A 625,000   636,131
Costco Wholesale Corporation      
1.60%, 04/20/30 550,000   537,857
Coterra Energy, Inc.      
3.90%, 05/15/27 144A 660,000   722,769
4.38%, 03/15/29 144A 650,000   736,152
Cox Communications, Inc.      
3.35%, 09/15/26 144A 45,000   48,344
CRH America Finance, Inc.      
3.95%, 04/04/28 144A 500,000   560,570
Crown Castle International Corporation REIT      
3.15%, 07/15/23 2,325,000   2,428,053
3.10%, 11/15/29 70,000   73,621
CSC Holdings LLC      
3.38%, 02/15/31 144A 780,000   726,375
CSX Corporation      
3.25%, 06/01/27 65,000   70,896
3.80%, 04/15/50 300,000   341,321
CVS Health Corporation      
2.75%, 12/01/22 210,000   214,603
3.70%, 03/09/23 99,000   103,403
2.63%, 08/15/24 205,000   215,329
3.88%, 07/20/25 788,000   863,097
3.63%, 04/01/27 200,000   220,379
4.30%, 03/25/28 763,000   871,052
3.75%, 04/01/30 1,090,000   1,211,710
2.13%, 09/15/31 2,740,000   2,694,095
4.13%, 04/01/40 80,000   91,801
2.70%, 08/21/40 360,000   344,061
5.13%, 07/20/45 775,000   1,000,038
5.05%, 03/25/48 1,030,000   1,328,147
4.25%, 04/01/50 80,000   94,362
CVS Pass-Through Trust      
6.94%, 01/10/30 498,768   603,698
CyrusOne LP REIT      
2.90%, 11/15/24 1,500,000   1,573,845
    Par   Value
D.R. Horton, Inc.      
4.38%, 09/15/22 $800,000   $821,487
Daimler Finance North America LLC      
3.75%, 11/05/21 144A 1,600,000   1,604,855
2.55%, 08/15/22 144A 1,700,000   1,733,392
2.70%, 06/14/24 144A 1,900,000   1,993,788
8.50%, 01/18/31 25,000   37,875
Deere & Co.      
3.10%, 04/15/30Δ 50,000   54,419
3.75%, 04/15/50 760,000   908,337
Dell International LLC      
5.45%, 06/15/23 2,775,000   2,977,104
5.85%, 07/15/25Δ 25,000   29,100
6.02%, 06/15/26 1,025,000   1,220,102
8.35%, 07/15/46 75,000   121,872
Delta Air Lines, Inc.      
7.00%, 05/01/25 144A 2,250,000   2,624,921
4.50%, 10/20/25 144A 700,000   749,206
4.75%, 10/20/28 144A 350,000   390,466
Deutsche Bank AG      
4.25%, 10/14/21 1,500,000   1,501,623
3.95%, 02/27/23 1,900,000   1,986,031
Devon Energy Corporation      
5.85%, 12/15/25 792,000   917,047
5.25%, 10/15/27 144A 38,000   40,397
4.50%, 01/15/30 144A 32,000   34,892
5.60%, 07/15/41 287,000   358,184
4.75%, 05/15/42 710,000   811,697
5.00%, 06/15/45 1,240,000   1,456,253
DH Europe Finance II S.a.r.l.      
2.20%, 11/15/24 2,275,000   2,369,478
2.60%, 11/15/29 225,000   234,867
Diamondback Energy, Inc.      
3.25%, 12/01/26 90,000   96,425
3.50%, 12/01/29Δ 160,000   171,216
Discover Financial Services      
3.75%, 03/04/25 450,000   485,822
Discovery Communications LLC      
3.63%, 05/15/30Δ 1,800,000   1,953,465
5.20%, 09/20/47 20,000   24,963
DISH DBS Corporation      
5.88%, 11/15/24Δ 170,000   183,010
7.75%, 07/01/26 150,000   169,571
5.13%, 06/01/29Δ 140,000   137,360
Dollar Tree, Inc.      
4.00%, 05/15/25 325,000   355,850
4.20%, 05/15/28 400,000   450,949
Dominion Energy, Inc.      
3.07%, 08/15/24 STEP 675,000   713,709
3.38%, 04/01/30 225,000   243,886
2.25%, 08/15/31 2,300,000   2,294,633
Duke Energy Corporation      
3.75%, 04/15/24 200,000   213,468
3.15%, 08/15/27 550,000   592,743
2.45%, 06/01/30 1,800,000   1,820,463
 
50

    Par   Value
Duke Energy Ohio, Inc.      
3.65%, 02/01/29 $350,000   $384,494
DuPont de Nemours, Inc.      
4.21%, 11/15/23 175,000   187,961
4.49%, 11/15/25 350,000   393,687
4.73%, 11/15/28 350,000   411,934
5.32%, 11/15/38 25,000   32,247
East Ohio Gas Co. (The)      
2.00%, 06/15/30 144A 125,000   122,319
3.00%, 06/15/50 144A 35,000   34,431
Eaton Corporation      
2.75%, 11/02/22 410,000   420,679
4.15%, 11/02/42 200,000   235,713
Ecolab, Inc.      
2.75%, 08/18/55 144A 68,000   65,437
Emory University      
1.57%, 09/01/25 1,600,000   1,622,659
2.14%, 09/01/30 1,170,000   1,195,259
Enable Midstream Partners LP      
4.95%, 05/15/28 900,000   1,011,707
Energy Transfer LP      
4.20%, 09/15/23 625,000   664,039
4.50%, 11/01/23 310,000   329,989
4.25%, 04/01/24 100,000   107,090
4.50%, 04/15/24 230,000   248,792
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 5.13%), 6.75%, 05/15/25ρ ^ 200,000   205,000
5.95%, 12/01/25 300,000   348,166
5.50%, 06/01/27 1,175,000   1,379,350
4.95%, 06/15/28 110,000   126,289
5.25%, 04/15/29 1,410,000   1,653,892
3.75%, 05/15/30 860,000   929,801
5.30%, 04/01/44 20,000   23,212
5.30%, 04/15/47 125,000   146,688
5.40%, 10/01/47 50,000   59,679
6.00%, 06/15/48 50,000   63,547
6.25%, 04/15/49 390,000   513,271
Entergy Louisiana LLC      
5.40%, 11/01/24 1,200,000   1,362,742
2.35%, 06/15/32Δ 2,200,000   2,207,358
Enterprise Products Operating LLC      
4.15%, 10/16/28 600,000   683,077
3.13%, 07/31/29 100,000   107,463
2.80%, 01/31/30Δ 890,000   930,506
7.55%, 04/15/38 50,000   76,619
5.70%, 02/15/42Δ 60,000   79,701
4.85%, 03/15/44 50,000   60,235
4.80%, 02/01/49 30,000   36,795
4.20%, 01/31/50 680,000   767,554
3.70%, 01/31/51 740,000   784,399
3.95%, 01/31/60 120,000   130,264
EOG Resources, Inc.      
4.15%, 01/15/26 160,000   178,615
4.38%, 04/15/30Δ 40,000   46,722
3.90%, 04/01/35 260,000   294,981
    Par   Value
4.95%, 04/15/50Δ $490,000   $649,542
EPR Properties REIT      
4.75%, 12/15/26 1,200,000   1,315,128
EQM Midstream Partners LP      
4.13%, 12/01/26 1,800,000   1,852,317
EQT Corporation      
3.00%, 10/01/22Δ 20,000   20,377
6.63%, 02/01/25 20,000   22,916
3.13%, 05/15/26 144A 10,000   10,264
3.90%, 10/01/27 440,000   476,791
5.00%, 01/15/29Δ 100,000   112,720
3.63%, 05/15/31 144A 210,000   219,083
Equinix, Inc. REIT      
2.63%, 11/18/24 1,700,000   1,780,892
1.55%, 03/15/28Δ 2,200,000   2,152,194
3.00%, 07/15/50 70,000   66,571
Equitable Holdings, Inc.      
4.35%, 04/20/28 600,000   684,250
Exelon Corporation      
4.05%, 04/15/30Δ 325,000   368,535
5.63%, 06/15/35 415,000   538,170
4.70%, 04/15/50 25,000   31,635
Exelon Generation Co. LLC      
3.25%, 06/01/25Δ 1,665,000   1,776,346
Expedia Group, Inc.      
3.60%, 12/15/23 300,000   317,624
6.25%, 05/01/25 144A 1,114,000   1,284,766
4.63%, 08/01/27 150,000   170,148
3.80%, 02/15/28 300,000   325,834
2.95%, 03/15/31 2,350,000   2,376,721
Exxon Mobil Corporation      
1.57%, 04/15/23 30,000   30,589
2.99%, 03/19/25 700,000   747,007
3.04%, 03/01/26 500,000   539,901
3.48%, 03/19/30 540,000   601,028
4.11%, 03/01/46 230,000   268,531
4.33%, 03/19/50 190,000   233,013
3.45%, 04/15/51 250,000   266,276
Federal Realty Investment Trust REIT      
3.50%, 06/01/30 1,900,000   2,063,786
FedEx Corporation      
4.05%, 02/15/48 375,000   420,193
Fidelity National Information Services, Inc.      
1.15%, 03/01/26 2,200,000   2,181,846
Fifth Third Bancorp      
2.38%, 01/28/25 375,000   390,000
Fiserv, Inc.      
2.75%, 07/01/24 1,075,000   1,132,382
3.85%, 06/01/25 65,000   70,942
3.20%, 07/01/26 725,000   783,097
4.20%, 10/01/28 375,000   427,140
Florida Power & Light Co.      
2.85%, 04/01/25 30,000   31,855
3.80%, 12/15/42 425,000   492,444
51

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Ford Motor Credit Co. LLC      
2.98%, 08/03/22 $1,800,000   $1,821,888
(Floating, ICE LIBOR USD 3M + 1.24%), 1.36%, 02/15/23† 2,200,000   2,192,294
3.37%, 11/17/23 1,900,000   1,949,685
2.90%, 02/16/28 380,000   380,000
4.00%, 11/13/30 940,000   978,775
Fox Corporation      
4.03%, 01/25/24 480,000   515,120
4.71%, 01/25/29 250,000   291,426
3.50%, 04/08/30Δ 125,000   136,496
5.48%, 01/25/39 525,000   671,116
Freeport-McMoRan, Inc.      
3.88%, 03/15/23 10,000   10,330
4.55%, 11/14/24 10,000   10,825
5.45%, 03/15/43 192,000   236,640
GE Capital Funding LLC      
4.05%, 05/15/27 1,900,000   2,134,346
General Dynamics Corporation      
3.25%, 04/01/25 40,000   42,948
3.50%, 05/15/25 40,000   43,432
4.25%, 04/01/40 60,000   73,201
4.25%, 04/01/50 180,000   227,854
General Electric Co.      
2.70%, 10/09/22Δ 75,000   76,776
3.45%, 05/01/27 195,000   213,990
3.63%, 05/01/30Δ 525,000   583,760
6.75%, 03/15/32 80,000   109,526
5.88%, 01/14/38 45,000   60,854
6.88%, 01/10/39 85,000   126,833
4.25%, 05/01/40 175,000   204,661
General Mills, Inc.      
4.20%, 04/17/28 600,000   684,171
General Motors Co.      
5.40%, 10/02/23 535,000   583,637
4.00%, 04/01/25 200,000   217,632
6.13%, 10/01/25 190,000   222,699
6.60%, 04/01/36 25,000   33,602
5.15%, 04/01/38 110,000   131,420
5.95%, 04/01/49 300,000   395,963
General Motors Financial Co., Inc.      
3.45%, 04/10/22 230,000   232,420
4.30%, 07/13/25 300,000   329,343
4.35%, 01/17/27 560,000   628,189
5.65%, 01/17/29 100,000   120,534
2.70%, 06/10/31 575,000   573,675
Gilead Sciences, Inc.      
3.70%, 04/01/24 230,000   245,817
4.50%, 02/01/45 275,000   333,483
4.75%, 03/01/46 20,000   25,180
GlaxoSmithKline Capital, Inc.      
6.38%, 05/15/38 45,000   66,467
Glencore Funding LLC      
3.00%, 10/27/22 144A Δ 10,000   10,240
4.13%, 05/30/23 144A 20,000   21,155
4.13%, 03/12/24 144A 1,155,000   1,237,672
4.63%, 04/29/24 144A 658,000   717,267
    Par   Value
1.63%, 04/27/26 144A $525,000   $522,816
4.00%, 03/27/27 144A Δ 480,000   528,182
3.88%, 10/27/27 144A 520,000   568,282
2.63%, 09/23/31 144A 875,000   857,320
Global Payments, Inc.      
2.65%, 02/15/25 445,000   465,291
3.20%, 08/15/29 225,000   237,990
2.90%, 05/15/30 1,600,000   1,652,107
Goldman Sachs Capital II      
(Variable, ICE LIBOR USD 3M + 0.77%), 4.00%, 11/05/21† ρ 3,000   2,968
Goldman Sachs Group, Inc. (The)      
3.20%, 02/23/23 250,000   259,073
3.85%, 07/08/24Δ 150,000   161,532
3.50%, 01/23/25 1,700,000   1,821,615
3.50%, 04/01/25 320,000   344,141
4.25%, 10/21/25 1,170,000   1,296,316
3.50%, 11/16/26 700,000   756,781
(Floating, ICE LIBOR USD 3M + 1.75%), 1.88%, 10/28/27† 1,800,000   1,892,321
(Variable, ICE LIBOR USD 3M + 1.16%), 3.81%, 04/23/29^ 1,140,000   1,262,503
(Variable, ICE LIBOR USD 3M + 1.30%), 4.22%, 05/01/29^ 990,000   1,119,535
6.75%, 10/01/37 110,000   157,715
6.25%, 02/01/41 750,000   1,094,194
(Variable, U.S. SOFR + 1.51%), 3.21%, 04/22/42^ 60,000   62,082
(Variable, U.S. SOFR + 1.47%), 2.91%, 07/21/42^ 150,000   148,092
5.15%, 05/22/45 550,000   722,118
4.75%, 10/21/45 220,000   284,372
Goodman U.S. Finance Three LLC REIT      
3.70%, 03/15/28 144A 1,000,000   1,083,695
Great-West Lifeco Finance 2018 LP      
4.05%, 05/17/28 144A 175,000   198,047
Guardian Life Global Funding      
1.10%, 06/23/25 144A 100,000   100,315
1.25%, 11/19/27 144A 1,800,000   1,758,729
H&E Equipment Services, Inc.      
3.88%, 12/15/28 144A 325,000   324,139
Halliburton Co.      
3.80%, 11/15/25Δ 40,000   43,828
6.70%, 09/15/38 50,000   68,271
5.00%, 11/15/45 190,000   228,015
HCA, Inc.      
5.25%, 04/15/25 120,000   136,088
5.25%, 06/15/26 10,000   11,481
5.38%, 09/01/26 1,600,000   1,832,640
5.50%, 06/15/47 80,000   103,911
Healthcare Realty Trust, Inc. REIT      
2.05%, 03/15/31Δ 175,000   170,443
Healthcare Trust of America Holdings LP REIT      
3.10%, 02/15/30 1,500,000   1,578,484
Healthpeak Properties, Inc. REIT      
3.50%, 07/15/29 65,000   71,170
 
52

    Par   Value
Hewlett Packard Enterprise Co.      
2.25%, 04/01/23 $1,000,000   $1,024,863
4.45%, 10/02/23 1,350,000   1,446,497
4.65%, 10/01/24 585,000   646,447
4.90%, 10/15/25 915,000   1,036,027
6.35%, 10/15/45 155,000   208,445
Hilton Domestic Operating Co., Inc.      
4.00%, 05/01/31 144A Δ 986,000   1,002,022
3.63%, 02/15/32 144A 407,000   401,404
Home Depot, Inc. (The)      
2.50%, 04/15/27 150,000   159,287
3.90%, 12/06/28 270,000   309,179
2.70%, 04/15/30 170,000   179,974
3.30%, 04/15/40Δ 450,000   488,080
3.35%, 04/15/50 830,000   899,114
Honeywell International, Inc.      
1.35%, 06/01/25 230,000   233,860
Host Hotels & Resorts LP REIT      
3.38%, 12/15/29 20,000   20,599
HP, Inc.      
3.40%, 06/17/30 65,000   69,199
Humana, Inc.      
3.15%, 12/01/22 70,000   71,794
4.50%, 04/01/25 40,000   44,440
3.95%, 03/15/27 150,000   167,499
4.63%, 12/01/42 60,000   73,767
4.95%, 10/01/44 70,000   89,788
4.80%, 03/15/47 10,000   12,684
Huntington Bancshares, Inc.      
4.00%, 05/15/25 550,000   603,314
Huntington Ingalls Industries, Inc.      
0.67%, 08/16/23 144A 2,500,000   2,499,943
Huntsman International LLC      
4.50%, 05/01/29 325,000   368,539
2.95%, 06/15/31 250,000   256,340
Hyatt Hotels Corporation      
1.80%, 10/01/24 2,875,000   2,881,507
Hyundai Capital America      
1.00%, 09/17/24 144A 2,300,000   2,292,630
1.65%, 09/17/26 144A Δ 2,300,000   2,280,483
2.75%, 09/27/26 70,000   72,638
IHS Markit, Ltd.      
4.00%, 03/01/26 144A 631,000   695,021
Intel Corporation      
3.70%, 07/29/25 80,000   87,597
1.60%, 08/12/28Δ 250,000   249,265
4.60%, 03/25/40 15,000   18,774
3.73%, 12/08/47 76,000   84,881
4.75%, 03/25/50 210,000   274,730
3.05%, 08/12/51 645,000   642,006
Intercontinental Exchange, Inc.      
3.00%, 06/15/50 1,500,000   1,489,529
International Business Machines Corporation      
3.00%, 05/15/24Δ 720,000   763,955
International Flavors & Fragrances, Inc.      
1.83%, 10/15/27 144A 650,000   651,364
    Par   Value
4.38%, 06/01/47 $1,000,000   $1,183,846
Intuit, Inc.      
1.35%, 07/15/27 175,000   174,235
IPALCO Enterprises, Inc.      
4.25%, 05/01/30 1,800,000   2,022,141
ITC Holdings Corporation      
2.95%, 05/14/30 144A Δ 1,900,000   1,995,457
JetBlue Pass-Through Trust, Series 2019-1, Class AA      
2.75%, 05/15/32 1,971,975   1,988,213
JPMorgan Chase & Co.      
(Variable, ICE LIBOR USD 3M + 3.80%), 3.93%, 02/01/22† ρ 1,260,000   1,261,466
(Variable, ICE LIBOR USD 3M + 0.73%), 3.56%, 04/23/24^ 800,000   837,738
(Variable, U.S. SOFR + 1.46%), 1.51%, 06/01/24Δ ^ 770,000   783,051
(Variable, ICE LIBOR USD 3M + 0.89%), 3.80%, 07/23/24^ 1,775,000   1,876,986
3.88%, 09/10/24 860,000   935,407
(Variable, ICE LIBOR USD 3M + 1.00%), 4.02%, 12/05/24^ 1,490,000   1,596,194
(Variable, U.S. SOFR + 3.13%), 4.60%, 02/01/25ρ ^ 875,000   895,781
(Variable, U.S. SOFR + 1.16%), 2.30%, 10/15/25^ 685,000   710,703
(Variable, U.S. SOFR + 1.85%), 2.08%, 04/22/26Δ ^ 460,000   473,311
2.95%, 10/01/26 700,000   750,626
(Variable, ICE LIBOR USD 3M + 1.25%), 3.96%, 01/29/27^ 875,000   965,993
(Variable, U.S. SOFR + 0.77%), 1.47%, 09/22/27^ 2,500,000   2,485,022
4.25%, 10/01/27 780,000   887,626
3.63%, 12/01/27 900,000   983,679
(Variable, ICE LIBOR USD 3M + 0.95%), 3.51%, 01/23/29^ 1,720,000   1,872,357
(Variable, ICE LIBOR USD 3M + 1.26%), 4.20%, 07/23/29^ 380,000   432,525
(Variable, ICE LIBOR USD 3M + 1.33%), 4.45%, 12/05/29^ 170,000   195,926
(Variable, U.S. SOFR + 3.79%), 4.49%, 03/24/31^ 75,000   87,558
(Variable, U.S. SOFR + 2.04%), 2.52%, 04/22/31^ 575,000   586,950
(Variable, U.S. SOFR + 2.52%), 2.96%, 05/13/31^ 300,000   312,282
6.40%, 05/15/38 30,000   43,705
4.95%, 06/01/45 400,000   523,476
(Variable, U.S. SOFR + 2.44%), 3.11%, 04/22/51^ 320,000   325,617
Keysight Technologies, Inc.      
3.00%, 10/30/29 475,000   501,773
Kilroy Realty LP REIT      
3.80%, 01/15/23Δ 400,000   414,068
4.75%, 12/15/28 1,750,000   2,020,754
Kimberly-Clark Corporation      
2.88%, 02/07/50 5,000   5,080
Kinder Morgan Energy Partners LP      
3.95%, 09/01/22 520,000   532,487
53

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
3.50%, 09/01/23 $2,250,000   $2,360,096
4.25%, 09/01/24 980,000   1,066,481
Kinder Morgan, Inc.      
4.30%, 03/01/28 60,000   68,056
5.20%, 03/01/48 10,000   12,505
KKR Group Finance Co. II LLC      
5.50%, 02/01/43 144A 30,000   39,876
L3Harris Technologies, Inc.      
5.05%, 04/27/45 110,000   144,019
Laboratory Corporation of America Holdings      
3.60%, 02/01/25 65,000   69,963
Lear Corporation      
5.25%, 05/15/49Δ 35,000   43,576
Lehman Escrow Bonds      
0.00%, 01/18/12# 200,000   1,360
0.00%, 01/24/13# 2,300,000   15,640
0.00%, 07/19/17Ψ ††† # 150,000     —
0.00%, 12/28/17Ψ ††† # 3,340,000     —
0.00%, 11/19/21Ψ ††† ρ # 2,330,000     —
Level 3 Financing, Inc.      
3.40%, 03/01/27 144A 1,600,000   1,687,360
Life Storage LP REIT      
3.88%, 12/15/27Δ 900,000   1,011,211
Lincoln National Corporation      
3.05%, 01/15/30 20,000   21,324
Lockheed Martin Corporation      
3.10%, 01/15/23Δ 40,000   41,263
3.55%, 01/15/26 310,000   340,946
4.50%, 05/15/36 50,000   62,067
Louisville Gas and Electric Co.      
4.25%, 04/01/49 50,000   60,468
Lowe's Cos., Inc.      
4.00%, 04/15/25 60,000   65,772
1.70%, 09/15/28 500,000   495,992
4.50%, 04/15/30Δ 110,000   129,016
1.70%, 10/15/30 675,000   645,850
3.00%, 10/15/50 150,000   146,578
Marathon Petroleum Corporation      
3.80%, 04/01/28 125,000   137,114
6.50%, 03/01/41 45,000   62,366
Marriott International, Inc.      
2.13%, 10/03/22 1,500,000   1,518,277
Mars, Inc.      
2.70%, 04/01/25 144A 400,000   422,617
3.20%, 04/01/30 144A 475,000   516,541
2.38%, 07/16/40 144A 150,000   143,481
Marsh & McLennan Cos., Inc.      
3.75%, 03/14/26 1,100,000   1,210,715
4.38%, 03/15/29 500,000   580,933
Martin Marietta Materials, Inc.      
3.20%, 07/15/51 1,225,000   1,224,460
Masco Corporation      
1.50%, 02/15/28 2,575,000   2,507,373
Mastercard, Inc.      
3.30%, 03/26/27 250,000   274,975
    Par   Value
3.85%, 03/26/50 $310,000   $369,179
McDonald’s Corporation      
3.30%, 07/01/25 170,000   183,130
1.45%, 09/01/25 40,000   40,618
3.70%, 01/30/26 250,000   274,990
3.50%, 03/01/27 360,000   395,834
3.50%, 07/01/27 160,000   176,876
3.80%, 04/01/28 90,000   100,655
3.60%, 07/01/30Δ 160,000   178,079
4.45%, 09/01/48 575,000   706,963
3.63%, 09/01/49 130,000   141,991
4.20%, 04/01/50 1,230,000   1,468,450
Medtronic, Inc.      
3.50%, 03/15/25 10,000   10,856
4.63%, 03/15/45 36,000   47,080
MetLife Capital Trust IV      
7.88%, 12/15/37 144A 300,000   417,723
MetLife, Inc.      
6.40%, 12/15/36 50,000   64,311
Metropolitan Life Global Funding I      
3.45%, 12/18/26 144A 1,700,000   1,870,527
Microchip Technology, Inc.      
2.67%, 09/01/23 675,000   700,057
Micron Technology, Inc.      
2.50%, 04/24/23 250,000   257,633
Microsoft Corporation      
2.88%, 02/06/24 470,000   494,747
2.70%, 02/12/25 120,000   127,147
3.13%, 11/03/25 60,000   65,076
2.40%, 08/08/26Δ 1,540,000   1,637,059
3.30%, 02/06/27 800,000   885,312
3.45%, 08/08/36 5,000   5,728
2.53%, 06/01/50 18,000   17,351
2.92%, 03/17/52 37,000   38,327
2.68%, 06/01/60 22,000   21,365
3.04%, 03/17/62 108,000   114,308
MidAmerican Energy Co.      
3.65%, 04/15/29 350,000   391,901
Mileage Plus Holdings LLC      
6.50%, 06/20/27 144A 290,000   315,726
Mondelez International, Inc.      
1.50%, 05/04/25 670,000   680,361
2.75%, 04/13/30 55,000   57,590
Morgan Stanley      
3.70%, 10/23/24 1,150,000   1,247,908
(Variable, U.S. SOFR + 0.53%), 0.79%, 05/30/25^ 60,000   59,836
(Variable, U.S. SOFR + 1.15%), 2.72%, 07/22/25^ 795,000   833,263
(Variable, U.S. SOFR + 1.99%), 2.19%, 04/28/26Δ ^ 750,000   774,666
3.63%, 01/20/27 1,475,000   1,626,884
3.95%, 04/23/27 1,375,000   1,530,213
(Variable, ICE LIBOR USD 3M + 1.14%), 3.77%, 01/24/29^ 220,000   243,599
 
54

    Par   Value
(Variable, ICE LIBOR USD 3M + 1.63%), 4.43%, 01/23/30^ $195,000   $225,297
(Variable, U.S. SOFR + 1.14%), 2.70%, 01/22/31Δ ^ 1,895,000   1,955,067
(Variable, U.S. SOFR + 3.12%), 3.62%, 04/01/31^ 1,000,000   1,102,731
(Variable, U.S. SOFR + 1.03%), 1.79%, 02/13/32^ 725,000   691,025
(Variable, U.S. SOFR + 1.36%), 2.48%, 09/16/36^ 875,000   856,850
(Variable, ICE LIBOR USD 3M + 1.43%), 4.46%, 04/22/39^ 30,000   36,318
MPLX LP      
4.88%, 12/01/24 230,000   254,863
4.88%, 06/01/25 100,000   111,800
4.25%, 12/01/27 35,000   39,358
4.00%, 03/15/28 50,000   55,254
4.80%, 02/15/29 250,000   289,500
4.50%, 04/15/38 470,000   525,343
4.70%, 04/15/48 880,000   1,017,950
5.50%, 02/15/49Δ 595,000   755,556
MPT Operating Partnership LP REIT      
4.63%, 08/01/29Δ 435,000   467,299
Mylan, Inc.      
5.40%, 11/29/43 60,000   74,353
National Retail Properties, Inc. REIT      
3.90%, 06/15/24 255,000   273,543
3.60%, 12/15/26 250,000   272,214
National Securities Clearing Corporation      
1.50%, 04/23/25 144A 400,000   406,304
Nature Conservancy (The)      
0.94%, 07/01/26 25,000   24,483
1.30%, 07/01/28 25,000   24,328
NBCUniversal Media LLC      
5.95%, 04/01/41 25,000   36,606
NetApp, Inc.      
1.88%, 06/22/25 1,700,000   1,742,428
2.38%, 06/22/27 45,000   46,983
New York Life Global Funding      
0.95%, 06/24/25 144A 200,000   199,548
NextEra Energy Capital Holdings, Inc.      
1.90%, 06/15/28 590,000   590,743
2.25%, 06/01/30Δ 1,900,000   1,912,152
Niagara Mohawk Power Corporation      
4.28%, 12/15/28 144A 2,000,000   2,277,992
Nielsen Finance LLC      
5.88%, 10/01/30 144A 83,000   87,492
NIKE, Inc.      
2.40%, 03/27/25 180,000   188,965
2.75%, 03/27/27Δ 220,000   236,335
3.25%, 03/27/40 110,000   120,516
3.38%, 03/27/50Δ 520,000   581,147
NiSource, Inc.      
3.49%, 05/15/27 925,000   1,014,291
3.60%, 05/01/30 100,000   109,702
    Par   Value
3.95%, 03/30/48Δ $450,000   $509,960
Nissan Motor Acceptance Co. LLC      
(Floating, ICE LIBOR USD 3M + 0.89%), 1.02%, 01/13/22 144A † 1,900,000   1,903,236
2.75%, 03/09/28 144A Δ 2,200,000   2,225,470
Northrop Grumman Corporation      
2.93%, 01/15/25 870,000   922,022
3.25%, 01/15/28 670,000   725,409
5.25%, 05/01/50Δ 355,000   498,493
Northwell Healthcare, Inc.      
6.15%, 11/01/43 375,000   539,893
Northwestern Mutual Life Insurance Co. (The)      
6.06%, 03/30/40 144A 300,000   423,486
3.85%, 09/30/47 144A 250,000   285,743
NRG Energy, Inc.      
3.75%, 06/15/24 144A 625,000   666,992
3.38%, 02/15/29 144A 318,000   314,241
3.63%, 02/15/31 144A 850,000   835,975
Nuveen LLC      
4.00%, 11/01/28 144A 225,000   255,614
NVIDIA Corporation      
2.85%, 04/01/30 350,000   375,256
3.50%, 04/01/40 540,000   599,440
3.50%, 04/01/50 1,120,000   1,256,829
3.70%, 04/01/60 460,000   537,350
Occidental Petroleum Corporation      
6.95%, 07/01/24 290,000   328,239
2.90%, 08/15/24 650,000   662,448
5.55%, 03/15/26 435,000   483,416
3.40%, 04/15/26 500,000   513,440
3.20%, 08/15/26 260,000   265,772
3.00%, 02/15/27 150,000   150,158
7.88%, 09/15/31 280,000   373,827
6.45%, 09/15/36 205,000   258,172
4.63%, 06/15/45 130,000   133,156
6.60%, 03/15/46 220,000   276,514
4.40%, 04/15/46 60,000   59,916
4.10%, 02/15/47 260,000   247,696
4.20%, 03/15/48 80,000   76,742
Omega Healthcare Investors, Inc. REIT      
3.63%, 10/01/29 1,600,000   1,685,209
ONEOK, Inc.      
6.35%, 01/15/31 1,600,000   2,050,557
Oracle Corporation      
2.95%, 05/15/25 50,000   53,082
2.88%, 03/25/31 925,000   952,520
3.60%, 04/01/40 400,000   415,447
4.00%, 07/15/46 375,000   397,943
4.38%, 05/15/55 30,000   33,733
Otis Worldwide Corporation      
2.06%, 04/05/25 195,000   201,577
2.29%, 04/05/27Δ 200,000   207,925
2.57%, 02/15/30 1,425,000   1,463,947
55

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Owl Rock Capital Corporation      
2.88%, 06/11/28 $2,200,000   $2,197,527
Pacific Gas and Electric Co.      
1.75%, 06/16/22 2,900,000   2,895,659
3.40%, 08/15/24 600,000   622,796
3.15%, 01/01/26 1,300,000   1,343,924
2.95%, 03/01/26Δ 800,000   821,847
2.10%, 08/01/27 370,000   361,329
4.55%, 07/01/30Δ 1,800,000   1,947,773
2.50%, 02/01/31 610,000   581,078
3.30%, 08/01/40 165,000   152,500
3.50%, 08/01/50 345,000   314,451
Pacific Life Global Funding II      
1.20%, 06/24/25 144A 1,700,000   1,704,919
Parsley Energy LLC      
4.13%, 02/15/28 144A 30,000   31,484
PayPal Holdings, Inc.      
1.35%, 06/01/23 220,000   223,722
1.65%, 06/01/25Δ 1,380,000   1,414,691
2.65%, 10/01/26Δ 2,775,000   2,967,143
2.30%, 06/01/30 300,000   307,642
PepsiCo, Inc.      
0.75%, 05/01/23 300,000   302,475
2.25%, 03/19/25 20,000   20,875
2.63%, 03/19/27Δ 30,000   32,031
1.63%, 05/01/30 250,000   245,074
2.88%, 10/15/49Δ 100,000   102,012
3.63%, 03/19/50 40,000   46,140
3.88%, 03/19/60 170,000   207,036
Phillips 66      
3.70%, 04/06/23 400,000   419,106
3.85%, 04/09/25 100,000   109,018
1.30%, 02/15/26 175,000   174,102
4.65%, 11/15/34 60,000   71,601
Phillips 66 Partners LP      
3.61%, 02/15/25 65,000   69,570
Physicians Realty LP REIT      
3.95%, 01/15/28 2,400,000   2,637,910
Pioneer Natural Resources Co.      
1.13%, 01/15/26 70,000   69,135
2.15%, 01/15/31 290,000   282,216
Plains All American Pipeline LP      
3.65%, 06/01/22 200,000   202,645
3.85%, 10/15/23 725,000   762,654
Post Holdings, Inc.      
5.50%, 12/15/29 144A Δ 350,000   371,469
Prime Security Services Borrower LLC      
3.38%, 08/31/27 144A 770,000   739,685
Principal Life Global Funding II      
1.25%, 06/23/25 144A 90,000   90,198
Procter & Gamble Co. (The)      
2.80%, 03/25/27 75,000   80,797
3.00%, 03/25/30 130,000   142,340
Progress Energy, Inc.      
7.75%, 03/01/31 350,000   493,158
Public Storage REIT      
0.50%, 09/09/30(E) 2,000,000   2,272,548
    Par   Value
QUALCOMM, Inc.      
2.15%, 05/20/30Δ $35,000   $35,554
4.80%, 05/20/45 10,000   13,167
Range Resources Corporation      
5.00%, 03/15/23 322,000   334,478
4.88%, 05/15/25 10,000   10,571
Raymond James Financial, Inc.      
4.65%, 04/01/30 75,000   89,164
Raytheon Technologies Corporation      
3.15%, 12/15/24 120,000   127,527
3.95%, 08/16/25 530,000   583,909
3.50%, 03/15/27 550,000   604,431
4.13%, 11/16/28 665,000   757,356
2.25%, 07/01/30 540,000   545,662
5.70%, 04/15/40 15,000   20,533
4.50%, 06/01/42 90,000   110,453
4.05%, 05/04/47 375,000   436,020
Realty Income Corporation REIT      
3.25%, 01/15/31 1,800,000   1,954,391
Regency Centers LP REIT      
2.95%, 09/15/29 775,000   814,080
Regeneron Pharmaceuticals, Inc.      
1.75%, 09/15/30 1,500,000   1,428,309
2.80%, 09/15/50 35,000   32,379
Reinsurance Group of America, Inc.      
3.90%, 05/15/29 65,000   72,752
RELX Capital, Inc.      
3.50%, 03/16/23 300,000   312,662
Republic Services, Inc.      
2.50%, 08/15/24 190,000   199,029
Roper Technologies, Inc.      
4.20%, 09/15/28 500,000   568,698
Ross Stores, Inc.      
4.60%, 04/15/25 65,000   72,581
Rush Obligated Group      
3.92%, 11/15/29 400,000   452,888
Sabine Pass Liquefaction LLC      
6.25%, 03/15/22 475,000   480,467
5.63%, 04/15/23 400,000   425,195
5.63%, 03/01/25 450,000   510,911
5.00%, 03/15/27 425,000   488,857
4.20%, 03/15/28 300,000   335,187
4.50%, 05/15/30 1,600,000   1,845,285
Sabra Health Care LP REIT      
3.90%, 10/15/29 1,500,000   1,581,804
salesforce.com, Inc.      
3.25%, 04/11/23 300,000   312,895
San Diego Gas & Electric Co.      
2.95%, 08/15/51 2,300,000   2,282,587
Santander Holdings U.S.A., Inc.      
4.50%, 07/17/25 60,000   66,132
3.24%, 10/05/26Δ 1,100,000   1,175,852
SBA Communications Corporation REIT      
3.13%, 02/01/29 144A 598,000   578,565
SBA Tower Trust REIT      
2.84%, 01/15/25 144A 2,200,000   2,280,979
2.33%, 01/15/28 144A 2,300,000   2,350,542
 
56

    Par   Value
Schlumberger Holdings Corporation      
4.00%, 12/21/25 144A $190,000   $209,479
3.90%, 05/17/28 144A Δ 252,000   277,948
4.30%, 05/01/29 144A 30,000   33,969
Sempra Energy      
3.40%, 02/01/28 275,000   296,803
3.80%, 02/01/38 30,000   33,238
ServiceNow, Inc.      
1.40%, 09/01/30Δ 1,000,000   938,625
Sherwin-Williams Co. (The)      
3.13%, 06/01/24 75,000   79,503
3.45%, 06/01/27 350,000   384,574
2.95%, 08/15/29 475,000   504,895
Simon Property Group LP REIT      
2.45%, 09/13/29Δ 1,600,000   1,635,369
Skyworks Solutions, Inc.      
1.80%, 06/01/26Δ 2,200,000   2,230,519
Southern California Edison Co.      
3.70%, 08/01/25 1,800,000   1,957,813
4.20%, 03/01/29 400,000   448,681
4.88%, 03/01/49 55,000   65,819
Southern Co. (The)      
3.25%, 07/01/26 1,400,000   1,507,333
Southern Co. Gas Capital Corporation      
3.25%, 06/15/26 300,000   322,143
Southern Copper Corporation      
5.25%, 11/08/42 2,710,000   3,370,562
Southern Natural Gas Co. LLC      
8.00%, 03/01/32 400,000   566,827
Southern Power Co.      
4.95%, 12/15/46 50,000   60,957
Southwest Airlines Co.      
5.25%, 05/04/25 60,000   67,768
Southwestern Electric Power Co.      
2.75%, 10/01/26 65,000   68,410
Southwestern Energy Co.      
5.38%, 02/01/29 144A 10,000   10,711
5.38%, 03/15/30 40,000   43,219
Spectra Energy Partners LP      
3.50%, 03/15/25Δ 65,000   69,796
Spirit AeroSystems, Inc.      
3.95%, 06/15/23 1,500,000   1,529,295
Spirit Airlines Pass-Through Trust, Series 2015-1, Class A      
4.10%, 04/01/28 989,707   1,038,112
Spirit Realty LP REIT      
4.45%, 09/15/26 1,200,000   1,341,113
4.00%, 07/15/29 750,000   831,706
Sprint Spectrum Co. LLC      
5.15%, 03/20/28 144A 1,100,000   1,258,455
Starbucks Corporation      
3.80%, 08/15/25 625,000   685,946
2.55%, 11/15/30 1,900,000   1,953,199
State Street Corporation      
(Variable, ICE LIBOR USD 3M + 1.03%), 4.14%, 12/03/29^ 60,000   69,956
    Par   Value
(Variable, U.S. SOFR + 2.65%), 3.15%, 03/30/31Δ ^ $240,000   $262,552
Steel Dynamics, Inc.      
2.40%, 06/15/25 140,000   145,786
1.65%, 10/15/27 275,000   272,350
Stifel Financial Corporation      
4.00%, 05/15/30 1,900,000   2,119,988
Sutter Health      
2.29%, 08/15/30 215,000   216,914
SYNNEX Corporation      
2.38%, 08/09/28 144A 600,000   594,629
2.65%, 08/09/31 144A 600,000   587,504
Sysco Corporation      
6.60%, 04/01/40Δ 675,000   990,584
Targa Resources Partners LP      
5.88%, 04/15/26 350,000   365,969
6.50%, 07/15/27 355,000   383,215
5.00%, 01/15/28 70,000   73,588
5.50%, 03/01/30 120,000   131,363
4.88%, 02/01/31 70,000   75,600
4.00%, 01/15/32 144A 30,000   31,041
Teachers Insurance & Annuity Association of America      
6.85%, 12/16/39 144A 46,000   69,562
4.90%, 09/15/44 144A 520,000   677,622
Tennessee Gas Pipeline Co. LLC      
2.90%, 03/01/30 144A 1,190,000   1,231,441
Texas Instruments, Inc.      
1.75%, 05/04/30 370,000   366,447
Textron, Inc.      
2.45%, 03/15/31 1,700,000   1,705,631
Time Warner Cable LLC      
7.30%, 07/01/38 910,000   1,307,391
5.88%, 11/15/40 330,000   416,929
Time Warner Entertainment Co. LP      
8.38%, 03/15/23 975,000   1,083,385
8.38%, 07/15/33 390,000   579,917
TJX Cos., Inc. (The)      
2.25%, 09/15/26Δ 40,000   42,005
T-Mobile U.S.A., Inc.      
3.50%, 04/15/25 1,495,000   1,611,116
1.50%, 02/15/26 400,000   401,558
2.25%, 02/15/26Δ 70,000   70,875
3.75%, 04/15/27 2,325,000   2,563,061
2.05%, 02/15/28 1,260,000   1,270,854
2.63%, 02/15/29 320,000   323,779
3.88%, 04/15/30 1,835,000   2,027,114
2.55%, 02/15/31 1,570,000   1,576,622
2.88%, 02/15/31 160,000   161,560
3.50%, 04/15/31Δ 260,000   274,530
3.50%, 04/15/31 144A 190,000   200,618
4.38%, 04/15/40 45,000   51,901
3.00%, 02/15/41 365,000   353,624
Toyota Motor Credit Corporation      
1.80%, 02/13/25 35,000   35,963
3.00%, 04/01/25 60,000   63,992
57

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Transcontinental Gas Pipe Line Co. LLC      
7.85%, 02/01/26 $880,000   $1,097,684
3.25%, 05/15/30 640,000   684,590
TransDigm, Inc.      
6.38%, 06/15/26 350,000   361,519
7.50%, 03/15/27 300,000   314,625
4.63%, 01/15/29Δ 130,000   130,000
Tronox, Inc.      
4.63%, 03/15/29 144A 1,225,000   1,220,406
Truist Bank      
2.25%, 03/11/30 475,000   477,816
Truist Financial Corporation      
(Variable, U.S. SOFR + 0.61%), 1.27%, 03/02/27^ 35,000   34,892
U.S. Bancorp      
1.45%, 05/12/25 2,380,000   2,419,062
UDR, Inc. REIT      
3.20%, 01/15/30 1,200,000   1,286,324
2.10%, 08/01/32 150,000   144,209
Union Pacific Corporation      
3.75%, 07/15/25 210,000   230,196
2.89%, 04/06/36 144A 670,000   696,210
3.84%, 03/20/60 480,000   551,679
3.75%, 02/05/70Δ 80,000   90,082
United Airlines Pass-Through Trust, Series 2016-2, Class A      
3.10%, 10/07/28 630,842   631,123
United Airlines Pass-Through Trust, Series 2016-2, Class AA      
2.88%, 10/07/28 630,842   640,481
United Airlines Pass-Through Trust, Series 2020-1, Class A      
5.88%, 10/15/27 2,040,445   2,287,503
United Airlines, Inc.      
4.38%, 04/15/26 144A 20,000   20,550
4.63%, 04/15/29 144A 250,000   258,675
United Parcel Service, Inc.      
3.90%, 04/01/25 65,000   71,200
5.30%, 04/01/50 100,000   144,611
UnitedHealth Group, Inc.      
2.88%, 12/15/21 180,000   180,949
2.38%, 10/15/22 40,000   40,908
3.50%, 06/15/23 90,000   94,753
3.75%, 07/15/25 230,000   253,478
1.25%, 01/15/26Δ 90,000   90,620
2.00%, 05/15/30Δ 280,000   280,958
2.75%, 05/15/40Δ 700,000   701,026
4.25%, 06/15/48 160,000   196,977
4.45%, 12/15/48 50,000   63,477
3.70%, 08/15/49 170,000   193,348
2.90%, 05/15/50 250,000   251,062
3.88%, 08/15/59 190,000   223,213
3.13%, 05/15/60 30,000   30,754
University of Chicago (The)      
5.42%, 10/01/30 100,000   124,089
Utah Acquisition Sub, Inc.      
2.25%, 11/22/24(E) 1,500,000   1,850,909
3.95%, 06/15/26 1,700,000   1,873,688
    Par   Value
Valero Energy Corporation      
2.70%, 04/15/23 $700,000   $722,749
2.85%, 04/15/25 600,000   632,142
6.63%, 06/15/37 20,000   27,048
Vanguard Group, Inc. (The)      
3.05%, 08/22/50Ψ ††† 390,000   373,541
Ventas Realty LP REIT      
3.00%, 01/15/30Δ 1,700,000   1,769,596
VEREIT Operating Partnership LP REIT      
4.63%, 11/01/25 600,000   674,878
3.95%, 08/15/27 150,000   168,289
3.40%, 01/15/28 200,000   216,421
2.85%, 12/15/32 800,000   831,791
Verizon Communications, Inc.      
2.63%, 08/15/26 280,000   296,367
3.00%, 03/22/27 70,000   75,164
2.10%, 03/22/28 405,000   411,436
4.33%, 09/21/28 2,018,000   2,321,721
3.88%, 02/08/29 360,000   404,036
3.15%, 03/22/30Δ 1,465,000   1,567,564
1.75%, 01/20/31 250,000   237,801
2.55%, 03/21/31Δ 4,360,000   4,416,494
2.36%, 03/15/32 144A 5,416,000   5,359,327
4.50%, 08/10/33 430,000   512,442
5.25%, 03/16/37 530,000   686,091
2.65%, 11/20/40 570,000   536,299
3.85%, 11/01/42 40,000   44,040
4.13%, 08/15/46 380,000   436,694
4.86%, 08/21/46 290,000   369,776
5.50%, 03/16/47 40,000   55,533
5.01%, 04/15/49 70,000   91,816
4.00%, 03/22/50 190,000   216,205
2.88%, 11/20/50 1,250,000   1,166,957
2.99%, 10/30/56 746,000   690,517
ViacomCBS, Inc.      
6.88%, 04/30/36 30,000   42,920
Visa, Inc.      
3.15%, 12/14/25 450,000   488,199
2.05%, 04/15/30 270,000   274,439
2.70%, 04/15/40 270,000   276,551
4.30%, 12/14/45 460,000   578,186
Vistra Operations Co. LLC      
3.55%, 07/15/24 144A 1,150,000   1,209,926
VMware, Inc.      
2.95%, 08/21/22 1,800,000   1,837,477
4.65%, 05/15/27 700,000   804,395
3.90%, 08/21/27 500,000   557,622
1.80%, 08/15/28 225,000   221,864
2.20%, 08/15/31 600,000   587,080
Volkswagen Group of America Finance LLC      
3.13%, 05/12/23 144A 1,600,000   1,662,773
Voya Financial, Inc.      
5.70%, 07/15/43 170,000   234,535
Walmart, Inc.      
1.50%, 09/22/28 150,000   149,408
1.80%, 09/22/31 80,000   79,355
 
58

    Par   Value
Walt Disney Co. (The)      
3.70%, 09/15/24 $625,000   $676,834
2.20%, 01/13/28 1,300,000   1,344,453
2.65%, 01/13/31Δ 400,000   417,889
6.65%, 11/15/37 150,000   223,907
Waste Management, Inc.      
1.15%, 03/15/28Δ 250,000   240,942
WEA Finance LLC REIT      
3.75%, 09/17/24 144A 770,000   819,818
Wells Fargo & Co.      
3.45%, 02/13/23 200,000   208,205
(Floating, ICE LIBOR USD 3M + 1.23%), 1.36%, 10/31/23† 600,000   607,608
4.48%, 01/16/24 396,000   428,992
3.75%, 01/24/24Δ 1,325,000   1,416,796
3.55%, 09/29/25 2,000,000   2,179,801
(Variable, U.S. SOFR + 1.09%), 2.41%, 10/30/25^ 60,000   62,508
(Variable, ICE LIBOR USD 3M + 0.75%), 2.16%, 02/11/26^ 35,000   36,116
3.00%, 04/22/26 900,000   966,097
(Variable, U.S. SOFR + 2.00%), 2.19%, 04/30/26^ 1,610,000   1,662,352
4.10%, 06/03/26Δ 440,000   490,315
3.00%, 10/23/26 2,210,000   2,369,981
4.30%, 07/22/27 1,780,000   2,023,770
4.15%, 01/24/29 645,000   733,491
(Variable, U.S. SOFR + 1.43%), 2.88%, 10/30/30^ 410,000   428,416
(Variable, U.S. SOFR + 4.03%), 4.48%, 04/04/31^ 460,000   535,876
5.38%, 11/02/43 190,000   252,372
4.65%, 11/04/44 70,000   85,870
4.90%, 11/17/45 370,000   468,958
4.40%, 06/14/46 370,000   440,286
4.75%, 12/07/46 260,000   325,993
(Variable, U.S. SOFR + 4.50%), 5.01%, 04/04/51^ 3,360,000   4,515,781
Welltower, Inc. REIT      
4.25%, 04/01/26 898,000   1,002,990
Western Midstream Operating LP      
(Floating, ICE LIBOR USD 3M + 2.10%), 2.23%, 01/13/23† 80,000   80,015
4.35%, 02/01/25Δ 220,000   232,421
4.50%, 03/01/28 60,000   64,468
5.30%, 02/01/30 780,000   862,875
5.45%, 04/01/44 75,000   86,293
5.30%, 03/01/48 65,000   75,039
5.50%, 08/15/48 160,000   187,505
6.50%, 02/01/50 130,000   153,219
Westinghouse Air Brake Technologies Corporation      
4.95%, 09/15/28 60,000   69,098
WestRock RKT LLC      
4.00%, 03/01/23 30,000   31,186
Weyerhaeuser Co. REIT      
7.38%, 03/15/32 50,000   71,267
Williams Cos., Inc. (The)      
3.90%, 01/15/25 300,000   324,273
    Par   Value
7.50%, 01/15/31 $100,000   $139,418
7.75%, 06/15/31 585,000   815,422
8.75%, 03/15/32 181,000   277,192
6.30%, 04/15/40 45,000   61,430
Willis North America, Inc.      
2.95%, 09/15/29 175,000   183,111
WP Carey, Inc. REIT      
4.60%, 04/01/24 160,000   173,654
4.00%, 02/01/25 105,000   114,221
3.85%, 07/15/29 900,000   998,039
WR Grace Holdings LLC      
4.88%, 06/15/27 144A Δ 730,000   751,900
WRKCo, Inc.      
3.75%, 03/15/25 500,000   541,354
4.00%, 03/15/28Δ 1,100,000   1,231,114
Xerox Holdings Corporation      
5.00%, 08/15/25 144A 1,240,000   1,304,480
Zimmer Biomet Holdings, Inc.      
3.05%, 01/15/26 1,900,000   2,033,566
3.55%, 03/20/30Δ 825,000   902,924
Zoetis, Inc.      
2.00%, 05/15/30 1,900,000   1,883,882
Total Corporate Bonds
(Cost $646,422,962)
    677,720,718
FOREIGN BONDS — 11.7%
Argentina — 0.0%    
Argentine Republic Government International Bond      
1.00%, 07/09/29 93,932   35,930
(Step to 0.75% on 07/09/23), 0.50%, 07/09/30 STEP 1,614,303   596,033
(Step to 1.50% on 07/09/22), 1.13%, 07/09/35 STEP 451,796   148,894
(Step to 3.50% on 07/09/22), 2.50%, 07/09/41 STEP 810,000   299,109
        1,079,966
Australia — 0.1%    
BHP Billiton Finance (U.S.A.), Ltd.      
2.88%, 02/24/22Δ 20,000   20,210
5.00%, 09/30/43 170,000   226,733
Commonwealth Bank of Australia      
3.90%, 07/12/47 144A 110,000   130,928
Macquarie Bank, Ltd.      
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 1.70%), 3.05%, 03/03/36 144A ^ 750,000   743,218
Macquarie Group, Ltd.      
(Variable, U.S. SOFR + 1.07%), 1.34%, 01/12/27 144A ^ 500,000   495,854
Newcrest Finance Pty, Ltd.      
3.25%, 05/13/30 144A 175,000   186,145
Westpac Banking Corporation      
2.35%, 02/19/25 70,000   73,254
(Variable, USD ICE Swap Rate 5Y + 2.24%), 4.32%, 11/23/31^ 175,000   193,288
59

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.00%), 4.11%, 07/24/34^ $275,000   $298,947
        2,368,577
Austria — 0.1%    
Erste Group Bank AG      
(Variable, EUR Swap Rate 5Y + 6.20%), 6.50%, 04/15/24(E) ρ ^ 400,000   514,843
Suzano Austria GmbH      
3.75%, 01/15/31 660,000   678,810
3.13%, 01/15/32 320,000   309,440
        1,503,093
Brazil — 0.2%    
Brazil Notas do Tesouro Nacional Serie F      
10.00%, 01/01/23(B) 8,338,000   1,541,471
10.00%, 01/01/27(B) 1,013,000   181,930
Brazilian Government International Bond      
4.63%, 01/13/28Δ 480,000   505,625
5.63%, 01/07/41 340,000   344,661
5.00%, 01/27/45 1,350,000   1,263,222
BRF SA      
4.88%, 01/24/30 200,000   200,500
Vale Overseas, Ltd.      
6.25%, 08/10/26 105,000   124,213
6.88%, 11/21/36 484,000   645,535
        4,807,157
Canada — 0.6%    
1011778 BC ULC      
4.00%, 10/15/30 144A 446,000   442,098
Alimentation Couche-Tard, Inc.      
3.55%, 07/26/27 144A 75,000   82,647
Bank of Montreal      
1.85%, 05/01/25Δ 500,000   514,689
(Variable, U.S. SOFR + 0.60%), 0.95%, 01/22/27^ 75,000   73,864
(Variable, USD Swap 5Y + 1.43%), 3.80%, 12/15/32^ 100,000   109,644
Bank of Nova Scotia (The)      
2.20%, 02/03/25Δ 70,000   72,673
1.30%, 06/11/25 270,000   271,939
Barrick Gold Corporation      
5.25%, 04/01/42 560,000   725,255
Bausch Health Cos., Inc.      
9.00%, 12/15/25 144A 600,000   634,035
Bell Telephone Co. of Canada      
4.46%, 04/01/48 40,000   48,716
Canadian Imperial Bank of Commerce      
0.95%, 06/23/23 270,000   272,319
CGI, Inc.      
1.45%, 09/14/26 144A 2,300,000   2,277,161
Enbridge, Inc.      
(Floating, U.S. SOFR + 0.40%), 0.45%, 02/17/23† 1,800,000   1,805,713
2.50%, 08/01/33 850,000   854,032
    Par   Value
Ford Credit Canada Co.      
(Floating, CAD Offered Rate 3M + 3.03%), 3.47%, 01/10/22(C) † $2,400,000   $1,905,969
GFL Environmental, Inc.      
3.75%, 08/01/25 144A Δ 1,025,000   1,055,750
Royal Bank of Canada      
1.60%, 04/17/23Δ 430,000   438,416
1.15%, 06/10/25 330,000   330,762
Suncor Energy, Inc.      
2.80%, 05/15/23 225,000   232,957
3.10%, 05/15/25 475,000   506,056
Teck Resources, Ltd.      
3.90%, 07/15/30Δ 275,000   298,897
6.00%, 08/15/40 10,000   13,004
Toronto-Dominion Bank (The)      
0.75%, 06/12/23 500,000   503,084
1.15%, 06/12/25 260,000   260,682
TransCanada PipeLines, Ltd.      
7.63%, 01/15/39 30,000   46,483
        13,776,845
Chile — 0.1%    
Chile Government International Bond      
2.45%, 01/31/31 1,800,000   1,786,374
China — 0.3%    
Avolon Holdings Funding, Ltd.      
3.95%, 07/01/24 144A 400,000   424,856
2.88%, 02/15/25 144A 800,000   823,435
2.13%, 02/21/26 144A Δ 2,500,000   2,475,593
4.25%, 04/15/26 144A 125,000   134,505
Baidu, Inc.      
3.43%, 04/07/30 400,000   424,672
China Government Bond      
3.31%, 11/30/25(Y) 1,000,000   160,332
Huarong Finance II Co., Ltd.      
4.88%, 11/22/26 200,000   193,750
Park Aerospace Holdings, Ltd.      
5.25%, 08/15/22 144A 15,000   15,541
4.50%, 03/15/23 144A 20,000   20,904
5.50%, 02/15/24 144A 60,000   65,492
Sinopec Group Overseas Development 2014, Ltd.      
4.38%, 04/10/24 144A 390,000   423,231
Tencent Holdings, Ltd.      
3.68%, 04/22/41 144A 420,000   436,270
3.84%, 04/22/51 144A 910,000   947,936
Yuzhou Group Holdings Co., Ltd.      
6.00%, 10/25/23 200,000   156,840
        6,703,357
Colombia — 0.2%    
Colombia Government International Bond      
3.00%, 01/30/30Δ 200,000   189,383
3.13%, 04/15/31Δ 460,000   431,379
3.25%, 04/22/32 450,000   420,759
4.13%, 02/22/42Δ 450,000   405,684
 
60

    Par   Value
5.63%, 02/26/44 $1,080,000   $1,129,561
4.13%, 05/15/51 240,000   206,789
3.88%, 02/15/61 200,000   161,784
Ecopetrol SA      
5.88%, 05/28/45 1,360,000   1,375,674
        4,321,013
Denmark — 0.1%    
Danske Bank A/S      
5.00%, 01/12/22 144A 540,000   546,516
5.38%, 01/12/24 144A 340,000   373,225
1.23%, 06/22/24 144A 280,000   282,852
(Variable, ICE LIBOR USD 3M + 1.59%), 3.24%, 12/20/25 144A ^ 220,000   233,789
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.35%), 1.62%, 09/11/26 144A ^ 1,800,000   1,800,952
        3,237,334
Dominican Republic — 0.0%    
Dominican Republic International Bond      
6.40%, 06/05/49 144A 170,000   180,372
Finland — 0.0%    
Nokia OYJ      
4.38%, 06/12/27 9,000   9,889
France — 0.7%    
BNP Paribas SA      
3.50%, 03/01/23 144A 925,000   964,403
(Variable, USD Swap 5Y + 4.15%), 6.63%, 03/25/24 144A ρ ^ 200,000   217,190
3.38%, 01/09/25 144A 450,000   479,980
(Variable, ICE LIBOR USD 3M + 2.24%), 4.71%, 01/10/25 144A ^ 450,000   487,313
(Variable, U.S. SOFR + 2.07%), 2.22%, 06/09/26 144A ^ 1,790,000   1,837,935
(Variable, U.S. SOFR + 1.00%), 1.32%, 01/13/27 144A ^ 775,000   762,289
4.40%, 08/14/28 144A 1,340,000   1,528,750
(Variable, U.S. SOFR + 1.61%), 1.90%, 09/30/28 144A ^ 1,800,000   1,792,765
(Variable, USD Swap 5Y + 1.48%), 4.38%, 03/01/33 144A ^ 440,000   482,720
BPCE SA      
4.00%, 09/12/23 144A 750,000   798,213
4.63%, 09/12/28 144A 375,000   432,110
(Variable, U.S. SOFR + 1.31%), 2.28%, 01/20/32 144A ^ 375,000   364,468
Credit Agricole SA      
(Variable, USD Swap 5Y + 4.32%), 6.88%, 09/23/24 144A ρ ^ 300,000   334,275
4.38%, 03/17/25 275,000   300,359
(Variable, U.S. SOFR + 1.68%), 1.91%, 06/16/26 144A ^ 2,025,000   2,064,361
    Par   Value
4.13%, 01/10/27 144A $450,000   $504,954
(Variable, USD Swap 5Y + 1.64%), 4.00%, 01/10/33 144A ^ 250,000   270,281
Danone SA      
2.59%, 11/02/23 144A 2,350,000   2,441,182
2.95%, 11/02/26 144A 310,000   330,821
Societe Generale SA      
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.10%), 1.49%, 12/14/26 144A ^ 1,700,000   1,681,732
XLIT, Ltd.      
4.45%, 03/31/25 349,000   387,150
        18,463,251
Germany — 0.5%    
Commerzbank AG      
(Variable, 6.36% - EUR Swap Rate 5Y), 6.13%, 10/09/25(E) ρ ^ 400,000   509,095
Deutsche Bank AG      
5.00%, 02/14/22 1,400,000   1,423,002
(Variable, U.S. SOFR + 2.16%), 2.22%, 09/18/24^ 2,100,000   2,153,041
4.10%, 01/13/26 65,000   71,150
(Variable, 1.85% - Euribor 3M), 1.38%, 09/03/26(E) ^ 1,500,000   1,804,173
(Variable, U.S. SOFR + 1.87%), 2.13%, 11/24/26^ 450,000   457,305
(Variable, 2.05% - Euribor 3M), 1.75%, 11/19/30(E) ^ 1,700,000   2,075,563
(Variable, U.S. SOFR + 3.04%), 3.55%, 09/18/31^ 1,900,000   2,028,999
(Variable, U.S. SOFR + 1.72%), 3.04%, 05/28/32^ 560,000   568,657
Volkswagen Bank GmbH      
1.88%, 01/31/24(E) 1,500,000   1,814,511
        12,905,496
Hong Kong — 0.0%    
AIA Group, Ltd.      
3.90%, 04/06/28 144A 200,000   222,734
Indonesia — 0.2%    
Indonesia Government International Bond      
3.85%, 07/18/27 144A 500,000   555,178
3.50%, 01/11/28 450,000   489,175
5.25%, 01/08/47 144A 200,000   249,878
4.35%, 01/11/48 1,000,000   1,116,059
3.70%, 10/30/49 1,180,000   1,201,212
3.05%, 03/12/51 200,000   189,311
3.35%, 03/12/71 240,000   222,235
Perusahaan Penerbit SBSN Indonesia III      
2.55%, 06/09/31 144A 590,000   599,723
        4,622,771
61

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Ireland — 0.3%    
AerCap Ireland Capital DAC      
4.63%, 07/01/22 $550,000   $566,470
3.30%, 01/23/23 525,000   541,080
4.88%, 01/16/24 350,000   378,243
3.15%, 02/15/24 330,000   344,190
6.50%, 07/15/25Δ 290,000   336,379
AIB Group PLC      
4.75%, 10/12/23 144A 950,000   1,022,001
GE Capital International Funding Co. Unlimited Co.      
3.37%, 11/15/25 2,772,000   3,005,981
4.42%, 11/15/35 250,000   300,267
SMBC Aviation Capital Finance DAC      
4.13%, 07/15/23 144A 900,000   951,279
STERIS Irish FinCo Unlimited Co.      
2.70%, 03/15/31 625,000   640,047
        8,085,937
Isle of Man — 0.0%    
Sasol Financing International, Ltd.      
4.50%, 11/14/22 370,000   379,037
Israel — 0.3%    
Bank of Israel Bill - Makam      
0.01%, 04/06/22(ZC) Ω 7,000,000   2,175,375
Israel Government Bond - Fixed      
5.50%, 01/31/22(ZC) 6,900,000   2,179,363
Israel Government International Bond      
3.25%, 01/17/28 1,500,000   1,648,170
2.75%, 07/03/30 2,060,000   2,192,911
3.38%, 01/15/50 430,000   457,048
        8,652,867
Italy — 0.3%    
Intesa Sanpaolo SpA      
3.13%, 07/14/22 144A 580,000   592,340
3.38%, 01/12/23 144A 220,000   227,603
5.02%, 06/26/24 144A 1,310,000   1,414,818
3.25%, 09/23/24 144A Δ 1,400,000   1,478,916
5.71%, 01/15/26 144A Δ 200,000   224,488
UniCredit SpA      
6.57%, 01/14/22 144A 530,000   538,626
7.83%, 12/04/23 144A 3,100,000   3,548,762
        8,025,553
Japan — 1.1%    
Aircastle, Ltd.      
5.25%, 08/11/25 144A 10,000   11,185
Japan Finance Organization for Municipalities      
2.13%, 10/25/23 144A 2,200,000   2,275,193
Mitsubishi HC Capital, Inc.      
3.41%, 02/28/22 144A 1,500,000   1,514,146
Mitsubishi UFJ Financial Group, Inc.      
3.00%, 02/22/22 180,000   181,922
1.41%, 07/17/25 2,100,000   2,113,019
3.74%, 03/07/29 35,000   39,043
    Par   Value
4.29%, 07/26/38 $30,000   $36,230
Mizuho Financial Group, Inc.      
(Floating, ICE LIBOR USD 3M + 0.99%), 1.11%, 07/10/24† 1,700,000   1,722,813
(Variable, ICE LIBOR USD 3M + 0.83%), 2.23%, 05/25/26^ 1,600,000   1,650,006
Nissan Motor Co., Ltd.      
3.04%, 09/15/23 144A 330,000   343,356
3.52%, 09/17/25 144A 3,210,000   3,414,570
4.35%, 09/17/27 144A Δ 770,000   846,460
4.81%, 09/17/30 144A Δ 1,800,000   2,025,585
Nomura Holdings, Inc.      
2.61%, 07/14/31 270,000   269,241
NTT Finance Corporation      
1.16%, 04/03/26 144A 2,600,000   2,586,555
Panasonic Corporation      
2.54%, 07/19/22 144A 1,302,000   1,321,192
Sumitomo Mitsui Financial Group, Inc.      
4.44%, 04/02/24 144A 1,450,000   1,567,636
2.45%, 09/27/24 1,600,000   1,673,048
1.90%, 09/17/28 2,300,000   2,274,672
Takeda Pharmaceutical Co., Ltd.      
2.05%, 03/31/30 700,000   689,546
        26,555,418
Jersey — 0.0%    
Galaxy Pipeline Assets Bidco, Ltd.      
2.63%, 03/31/36 144A 200,000   197,360
2.94%, 09/30/40 940,000   941,018
        1,138,378
Kazakhstan — 0.0%    
KazMunayGas National Co. JSC      
5.38%, 04/24/30 144A 200,000   236,484
5.38%, 04/24/30 260,000   307,429
        543,913
Kuwait — 0.0%    
Kuwait International Government Bond      
3.50%, 03/20/27 144A 990,000   1,097,307
Luxembourg — 0.0%    
ArcelorMittal SA      
7.00%, 10/15/39 70,000   98,872
Mexico — 1.0%    
Banco Actinver SA      
4.80%, 12/18/32 144A 1,530,000   1,208,700
Mexican Bonos      
10.00%, 12/05/24(M) 25,130,000   1,335,416
7.75%, 11/13/42(M) 210,665,200   10,109,105
8.00%, 11/07/47(M) 78,860,000   3,854,956
Mexico City Airport Trust      
3.88%, 04/30/28 144A 360,000   371,434
5.50%, 07/31/47 200,000   204,662
5.50%, 07/31/47 144A 270,000   276,294
 
62

    Par   Value
Mexico Government International Bond      
4.50%, 04/22/29 $200,000   $224,963
2.66%, 05/24/31Δ 760,000   735,095
4.75%, 04/27/32 2,300,000   2,592,721
6.05%, 01/11/40 330,000   404,857
3.77%, 05/24/61 702,000   624,664
Orbia Advance Corporation SAB de CV      
1.88%, 05/11/26 144A 550,000   551,589
2.88%, 05/11/31 144A 520,000   523,900
Petroleos Mexicanos      
6.88%, 08/04/26 200,000   217,770
6.63%, 06/15/35 19,000   18,055
5.50%, 06/27/44 170,000   136,315
6.38%, 01/23/45 370,000   315,168
        23,705,664
Morocco & Antilles — 0.0%    
OCP SA      
5.13%, 06/23/51 144A 200,000   198,625
Netherlands — 1.1%    
ABN AMRO Bank NV      
4.75%, 07/28/25 144A 200,000   222,055
(Variable, 4.67% - EUR Swap Rate 5Y), 4.38%, 09/22/25(E) ρ ^ 400,000   498,091
Cooperatieve Rabobank UA      
4.63%, 12/01/23 400,000   433,559
4.38%, 08/04/25 670,000   743,119
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.00%), 1.34%, 06/24/26 144A ^ 810,000   809,404
Enel Finance International NV      
1.88%, 07/12/28 144A 1,150,000   1,146,044
2.88%, 07/12/41 144A 2,300,000   2,243,330
Equate Petrochemical BV      
4.25%, 11/03/26 144A 520,000   573,596
ING Groep NV      
4.63%, 01/06/26 144A 1,600,000   1,816,496
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.10%), 1.40%, 07/01/26 144A ^ 1,000,000   1,002,946
JAB Holdings BV      
2.20%, 11/23/30 144A 550,000   540,394
JDE Peet's NV      
1.38%, 01/15/27 144A 475,000   468,880
Lukoil Securities BV      
3.88%, 05/06/30 144A 210,000   221,036
3.88%, 05/06/30 1,240,000   1,305,162
Lundin Energy Finance BV      
2.00%, 07/15/26 144A 650,000   654,231
NXP BV      
3.88%, 09/01/22 144A 950,000   978,432
2.70%, 05/01/25 144A 1,870,000   1,954,263
3.88%, 06/18/26 144A 1,500,000   1,653,349
    Par   Value
3.40%, 05/01/30 144A $250,000   $271,546
2.50%, 05/11/31 144A Δ 900,000   909,037
Petrobras Global Finance BV      
5.30%, 01/27/25 356,000   398,239
7.38%, 01/17/27 120,000   144,935
6.00%, 01/27/28 990,000   1,117,958
6.85%, 06/05/15π 550,000   568,147
Prosus NV      
3.68%, 01/21/30 144A 200,000   207,623
3.06%, 07/13/31 144A 1,430,000   1,397,666
4.03%, 08/03/50 144A 220,000   206,534
4.03%, 08/03/50 200,000   187,758
3.83%, 02/08/51 144A 420,000   383,032
Shell International Finance BV      
2.38%, 04/06/25 45,000   47,073
2.88%, 05/10/26 660,000   711,648
2.75%, 04/06/30Δ 1,600,000   1,699,684
6.38%, 12/15/38 20,000   29,552
4.55%, 08/12/43 120,000   150,567
4.38%, 05/11/45 660,000   811,203
4.00%, 05/10/46 190,000   223,891
3.25%, 04/06/50 310,000   330,191
Syngenta Finance NV      
5.18%, 04/24/28 144A 200,000   224,883
        27,285,554
Nigeria — 0.1%    
Nigeria Government International Bond      
7.14%, 02/23/30 690,000   705,344
8.75%, 01/21/31 210,000   230,906
7.88%, 02/16/32 520,000   542,019
        1,478,269
Norway — 0.1%    
Equinor ASA      
2.88%, 04/06/25 60,000   63,726
Yara International ASA      
4.75%, 06/01/28 144A 1,100,000   1,270,117
        1,333,843
Panama — 0.0%    
Panama Government International Bond      
2.25%, 09/29/32 590,000   556,559
4.50%, 04/16/50 250,000   273,052
4.50%, 04/01/56 280,000   305,676
        1,135,287
Peru — 0.2%    
Peruvian Government International Bond      
8.20%, 08/12/26 7,000,000   1,907,617
6.35%, 08/12/28(ZB) 6,100,000   1,526,097
2.78%, 01/23/31 1,130,000   1,121,073
5.63%, 11/18/50Δ 330,000   447,889
2.78%, 12/01/60 10,000   8,467
63

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
3.23%, 07/28/21~ Δ $50,000   $41,649
        5,052,792
Poland — 0.1%    
Republic of Poland Government International Bond      
4.00%, 01/22/24 1,380,000   1,490,033
Qatar — 0.3%    
Qatar Government International Bond      
3.38%, 03/14/24 144A 560,000   596,075
3.38%, 03/14/24 1,700,000   1,809,514
4.00%, 03/14/29 144A 460,000   523,802
5.10%, 04/23/48 1,000,000   1,329,084
4.82%, 03/14/49 144A 1,720,000   2,216,449
Qatar Petroleum      
2.25%, 07/12/31 144A 680,000   674,403
3.13%, 07/12/41 144A 630,000   630,901
3.30%, 07/12/51 144A 640,000   647,693
        8,427,921
Romania — 0.1%    
Romanian Government International Bond      
3.62%, 05/26/30(E)  144A 510,000   666,092
3.00%, 02/14/31 144A 130,000   132,904
2.00%, 01/28/32(E)  144A 70,000   78,998
3.38%, 01/28/50(E)  144A 60,000   68,547
3.38%, 01/28/50(E) 70,000   79,971
4.00%, 02/14/51 144A 280,000   280,140
        1,306,652
Russia — 0.5%    
Gazprom PJSC Via Gaz Capital SA      
5.15%, 02/11/26 144A 340,000   379,597
7.29%, 08/16/37 100,000   138,506
Russian Federal Bond - OFZ      
7.00%, 01/25/23(Q) 34,070,000   467,190
7.00%, 08/16/23(Q) 52,440,000   719,419
7.75%, 09/16/26(Q) 9,710,000   137,026
8.15%, 02/03/27(Q) 87,410,000   1,254,369
7.05%, 01/19/28(Q) 110,471,000   1,511,419
6.90%, 05/23/29(Q) 355,837,000   4,819,262
7.25%, 05/10/34(Q) 48,570,000   661,599
7.70%, 03/16/39(Q) 135,260,000   1,920,421
        12,008,808
Saudi Arabia — 0.1%    
Saudi Arabian Oil Co.      
2.75%, 04/16/22 144A 1,800,000   1,822,577
South Africa — 0.0%    
Republic of South Africa Government International Bond      
4.30%, 10/12/28 280,000   282,143
South Korea — 0.0%    
Export-Import Bank of Korea      
5.00%, 04/11/22 900,000   921,771
    Par   Value
Spain — 0.3%    
Banco Santander SA      
(Floating, ICE LIBOR USD 3M + 1.12%), 1.24%, 04/12/23† $200,000   $202,767
3.85%, 04/12/23 400,000   420,165
2.75%, 05/28/25 4,500,000   4,722,096
3.31%, 06/27/29 400,000   432,758
2.75%, 12/03/30 200,000   199,156
Telefonica Emisiones SA      
5.21%, 03/08/47 400,000   499,942
        6,476,884
Supranational — 0.0%    
African Export-Import Bank (The)      
3.80%, 05/17/31 144A 250,000   259,625
Sweden — 0.0%    
Swedbank AB      
1.30%, 06/02/23 144A 330,000   334,879
Switzerland — 0.8%    
Credit Suisse AG      
6.50%, 08/08/23 144A 225,000   246,752
2.95%, 04/09/25 665,000   705,177
Credit Suisse Group AG      
(Variable, ICE LIBOR USD 3M + 1.24%), 4.21%, 06/12/24 144A ^ 2,100,000   2,218,296
(Variable, U.S. SOFR + 1.56%), 2.59%, 09/11/25 144A ^ 250,000   259,240
(Variable, USD ICE Swap Rate 5Y + 4.33%), 7.25%, 09/12/25 144A ρ ^ 400,000   443,440
4.55%, 04/17/26 1,140,000   1,281,244
(Variable, U.S. SOFR + 2.04%), 2.19%, 06/05/26 144A ^ 610,000   621,703
4.28%, 01/09/28 144A 1,800,000   2,001,890
(Variable, ICE LIBOR USD 3M + 1.41%), 3.87%, 01/12/29 144A ^ 2,525,000   2,757,824
(Variable, U.S. SOFR + 3.73%), 4.19%, 04/01/31 144A ^ 955,000   1,070,211
(Variable, U.S. SOFR + 1.73%), 3.09%, 05/14/32 144A ^ 755,000   772,580
Credit Suisse Group Funding Guernsey, Ltd.      
3.80%, 09/15/22 1,300,000   1,342,756
UBS AG      
1.75%, 04/21/22 144A 470,000   473,403
UBS Group AG      
3.49%, 05/23/23 144A 2,480,000   2,528,266
(Variable, ICE LIBOR USD 3M + 0.95%), 2.86%, 08/15/23 144A ^ 200,000   204,242
(Variable, USD Swap 5Y + 4.34%), 7.00%, 01/31/24 144A ρ ^ 840,000   916,990
4.13%, 09/24/25 144A 440,000   486,322
 
64

    Par   Value
4.25%, 03/23/28 144A $760,000   $855,110
        19,185,446
Taiwan — 0.0%    
TSMC Global, Ltd.      
2.25%, 04/23/31 144A 200,000   199,339
Turkey — 0.1%    
Turkey Government International Bond      
5.25%, 03/13/30 200,000   185,001
5.95%, 01/15/31 200,000   189,593
5.88%, 06/26/31 200,000   188,169
Turkish Airlines Pass-Through Trust, Series 2015-1, Class A      
4.20%, 03/15/27 144A 974,269   917,573
Turkiye Vakiflar Bankasi TAO      
8.13%, 03/28/24 200,000   215,251
6.50%, 01/08/26 144A 200,000   203,899
        1,899,486
United Arab Emirates — 0.3%    
Abu Dhabi Government International Bond      
2.50%, 10/11/22 144A 810,000   828,196
3.13%, 10/11/27 144A 500,000   542,905
3.13%, 04/16/30 144A 1,500,000   1,630,570
3.88%, 04/16/50 144A 2,300,000   2,633,677
DP World, Ltd.      
5.63%, 09/25/48 144A 620,000   767,250
        6,402,598
United Kingdom — 1.5%    
Anglo American Capital PLC      
3.63%, 09/11/24 144A 700,000   751,569
4.00%, 09/11/27 144A 220,000   242,639
AstraZeneca PLC      
6.45%, 09/15/37 45,000   66,753
Barclays Bank PLC      
1.70%, 05/12/22 200,000   201,594
7.63%, 11/21/22 415,000   444,969
Barclays PLC      
(Variable, ICE LIBOR USD 3M + 1.40%), 4.61%, 02/15/23^ 950,000   964,573
(Variable, U.S. SOFR + 2.71%), 2.85%, 05/07/26^ 800,000   840,587
(Variable, ICE LIBOR USD 3M + 1.90%), 4.97%, 05/16/29^ 1,760,000   2,047,562
(Variable, ICE LIBOR USD 3M + 3.05%), 5.09%, 06/20/30^ 1,450,000   1,674,296
BP Capital Markets PLC      
3.81%, 02/10/24 330,000   354,267
3.54%, 11/04/24 60,000   64,918
3.51%, 03/17/25 330,000   357,428
CK Hutchison International 21, Ltd.      
2.50%, 04/15/31 144A 200,000   201,034
Gazprom PJSC via Gaz Finance PLC      
3.25%, 02/25/30 144A 470,000   468,733
GlaxoSmithKline Capital PLC      
5.25%, 12/19/33(U) 100,000   185,431
    Par   Value
Hammerson PLC REIT      
3.50%, 10/27/25(U) $100,000   $140,763
HSBC Holdings PLC      
(Variable, ICE LIBOR USD 3M + 1.06%), 3.26%, 03/13/23^ 300,000   303,800
(Floating, ICE LIBOR USD 3M + 1.00%), 1.12%, 05/18/24† 300,000   303,686
(Variable, ICE LIBOR USD 3M + 1.21%), 3.80%, 03/11/25^ 625,000   666,851
4.25%, 08/18/25 220,000   241,433
(Variable, U.S. SOFR + 1.54%), 1.65%, 04/18/26^ 1,050,000   1,056,045
(Variable, U.S. SOFR + 1.93%), 2.10%, 06/04/26^ 370,000   378,241
(Variable, ICE LIBOR USD 3M + 1.55%), 4.04%, 03/13/28Δ ^ 300,000   332,137
(Variable, ICE LIBOR USD 3M + 1.53%), 4.58%, 06/19/29^ 310,000   352,161
4.95%, 03/31/30 400,000   475,942
6.50%, 09/15/37 120,000   166,607
Lloyds Bank PLC      
(Step to 0.00% on 04/02/22), 7.50%, 04/02/32 STEP 2,000,000   1,551,199
Lloyds Banking Group PLC      
(Variable, ICE LIBOR USD 3M + 1.25%), 2.86%, 03/17/23^ 1,900,000   1,921,288
3.90%, 03/12/24 210,000   225,826
4.38%, 03/22/28 800,000   910,586
4.55%, 08/16/28 230,000   265,265
Nationwide Building Society      
(Variable, ICE LIBOR USD 3M + 1.06%), 3.77%, 03/08/24 144A ^ 2,000,000   2,085,604
(Variable, ICE LIBOR USD 3M + 1.39%), 4.36%, 08/01/24 144A ^ 1,300,000   1,383,956
(Variable, ICE LIBOR USD 3M + 1.86%), 3.96%, 07/18/30 144A ^ 375,000   417,064
Natwest Group PLC      
2.50%, 03/22/23(E) 1,400,000   1,686,316
(Floating, ICE LIBOR USD 3M + 1.47%), 1.59%, 05/15/23† 1,300,000   1,310,775
(Variable, ICE LIBOR USD 3M + 1.48%), 3.50%, 05/15/23^ 429,000   436,855
3.88%, 09/12/23 579,000   614,096
(Variable, ICE LIBOR USD 3M + 1.55%), 4.52%, 06/25/24^ 2,205,000   2,347,604
(Variable, ICE LIBOR USD 3M + 1.76%), 4.27%, 03/22/25^ 1,215,000   1,311,452
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.10%), 3.75%, 11/01/29^ 200,000   213,512
Reckitt Benckiser Treasury Services PLC      
2.75%, 06/26/24 144A 600,000   630,059
Royalty Pharma PLC      
1.20%, 09/02/25 1,700,000   1,689,999
Severn Trent Utilities Finance PLC      
6.25%, 06/07/29(U) 100,000   179,452
65

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Society of Lloyd's      
4.75%, 10/30/24(U) $100,000   $147,636
Standard Chartered PLC      
(Variable, ICE LIBOR USD 3M + 1.15%), 4.25%, 01/20/23 144A ^ 1,000,000   1,011,110
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.78%), 0.99%, 01/12/25 144A ^ 1,900,000   1,894,709
Vedanta Resources Finance II PLC      
8.95%, 03/11/25 144A 200,000   200,000
Vodafone Group PLC      
4.13%, 05/30/25 65,000   71,941
4.38%, 05/30/28 340,000   390,736
6.15%, 02/27/37 10,000   13,695
        36,194,754
Uruguay — 0.0%    
Uruguay Government International Bond      
4.38%, 01/23/31Δ 410,000   475,079
Total Foreign Bonds
(Cost $286,299,590)
  288,443,540
LOAN AGREEMENTS — 0.4%
1011778 B.C. Unlimited Liability Co. Term B-4 Loan      
(Floating, ICE LIBOR USD 1M + 1.75%), 1.84%, 11/19/26† 117,900   116,672
AECOM Incremental Term B Facility      
(Floating, ICE LIBOR USD 1M + 1.75%), 1.83%, 04/13/28† 89,775   89,898
Allied Universal Holdco LLC Initial U.S. Dollar Term Loan      
(Floating, ICE LIBOR USD 3M + 3.75%, 0.50% Floor), 4.25%, 05/12/28† 197,472   197,864
APi Group DE, Inc. Initial Term Loan      
(Floating, ICE LIBOR USD 1M + 2.50%), 2.58%, 10/01/26† 218,500   217,579
Asurion LLC New B-7 Term Loan      
(Floating, ICE LIBOR USD 1M + 3.00%), 3.08%, 11/03/24† 263,152   260,685
Asurion LLC New B-9 Term Loan      
(Floating, ICE LIBOR USD 1M + 3.25%), 3.33%, 07/31/27† 238,800   235,576
athenahealth, Inc. Term B-1 Loan      
(Floating, ICE LIBOR USD 3M + 4.25%), 4.38%, 02/11/26† 81,403   81,739
Avolon TLB Borrower 1 LLC Term B-5 Loan      
(Floating, ICE LIBOR USD 1M + 2.25%, 0.50% Floor), 2.75%, 12/01/27† 179,100   179,447
Brookfield WEC Holdings, Inc. Initial Term Loan      
(Floating, ICE LIBOR USD 1M + 2.75%, 0.50% Floor), 3.25%, 08/01/25† 138,950   138,145
    Par   Value
Charter Communications Operating LLC Term B-1 Loan      
(Floating, ICE LIBOR USD 1M + 1.75%), 1.84%, 04/30/25† $152,697   $152,659
Charter Communications Operating LLC Term B-2 Loan      
(Floating, ICE LIBOR USD 1M + 1.75%), 1.84%, 02/01/27† 128,687   128,007
Clarios Global LP Amendment No. 1 Dollar Term Loan      
(Floating, ICE LIBOR USD 1M + 3.25%), 3.33%, 04/30/26† 653,997   651,954
Cloudera, Inc. Term Loan      
0.00%, 08/10/28† Σ 220,000   220,069
CSC Holdings LLC October 2018 Incremental Term Loan      
(Floating, ICE LIBOR USD 1M + 2.25%), 2.33%, 01/15/26† 129,668   128,128
DCert Buyer, Inc. Initial Term Loan      
(Floating, ICE LIBOR USD 1M + 4.00%), 4.08%, 10/16/26† 433,400   434,002
Dell International LLC Refinancing Term B-2 Loan      
(Floating, ICE LIBOR USD 1M + 1.75%, 0.25% Floor), 2.00%, 09/19/25† 6,667   6,673
Delta Topco, Inc. Initial Term Loan      
(Floating, ICE LIBOR USD 3M + 3.75%, 0.75% Floor), 4.50%, 12/01/27† 498,750   500,084
Energizer Holdings, Inc. 2020 Term Loan      
(Floating, ICE LIBOR USD 1M + 2.25%, 0.50% Floor), 2.75%, 12/22/27† 139,300   139,445
EyeCare Partners LLC Initial Term Loan      
(Floating, ICE LIBOR USD 3M + 3.75%), 3.88%, 02/18/27† 404,451   402,808
Focus Financial Partners LLC Tranche B-3 Term Loan      
(Floating, ICE LIBOR USD 1M + 2.00%), 2.08%, 07/03/24† 85,846   85,349
Four Seasons Holdings, Inc. Term Loan 2013      
(Floating, ICE LIBOR USD 1M + 2.00%), 2.09%, 11/30/23† 98,581   98,396
Froneri International, Ltd. Facility B2      
(Floating, ICE LIBOR USD 1M + 2.25%), 2.33%, 01/29/27† 266,625   263,944
Genesee & Wyoming, Inc. Initial Term Loan      
(Floating, ICE LIBOR USD 3M + 2.00%), 2.13%, 12/30/26† 59,100   58,805
Global Medical Response, Inc. 2021 Refinancing Term Loan      
(Floating, ICE LIBOR USD 3M + 4.75%, 1.00% Floor), 5.75%, 10/02/25† 602,911   606,001
 
66

    Par   Value
Hilton Worldwide Finance LLC Refinanced Series B-2 Term Loan      
(Floating, ICE LIBOR USD 1M + 1.75%), 1.84%, 06/22/26† $68,355   $67,859
Hudson River Trading LLC Term Loan      
(Floating, ICE LIBOR USD 1M + 3.00%), 3.08%, 03/20/28† 329,175   327,765
iHeartCommunications, Inc. New Term Loan      
(Floating, ICE LIBOR USD 1M + 3.00%), 3.08%, 05/01/26† 167,519   166,490
INEOS Styrolution Group GmbH 2026 Tranche B Dollar Term Loan      
(Floating, ICE LIBOR USD 1M + 2.75%, 0.50% Floor), 3.25%, 01/29/26† 159,600   159,859
Jane Street Group LLC Dollar Term Loan      
(Floating, ICE LIBOR USD 1M + 2.75%), 2.83%, 01/26/28† 44,166   43,785
Level 3 Financing, Inc. Tranche B 2027 Term Loan      
(Floating, ICE LIBOR USD 1M + 1.75%), 1.83%, 03/01/27† 227,945   225,441
LifePoint Health, Inc. Term B Loan      
(Floating, ICE LIBOR USD 1M + 3.75%), 3.83%, 11/16/25† 137,463   137,439
Nexstar Media, Inc. Term B-4 Loan      
(Floating, ICE LIBOR USD 1M + 2.50%), 2.59%, 09/18/26† 427,600   427,735
Option Care Health, Inc. Term B Loan      
(Floating, ICE LIBOR USD 1M + 3.75%), 3.83%, 08/06/26† 265,275   265,507
PPD, Inc. Initial Term Loan      
(Floating, ICE LIBOR USD 1M + 2.00%, 0.50% Floor), 2.50%, 01/13/28† 698,250   697,960
Rackspace Technology Global, Inc. 2021 Term B Loan      
(Floating, ICE LIBOR USD 3M + 2.75%, 0.75% Floor), 3.50%, 02/15/28† 179,100   178,001
Reynolds Consumer Products LLC Initial Term Loan      
(Floating, ICE LIBOR USD 1M + 1.75%), 1.83%, 02/04/27† 19,927   19,896
TransDigm, Inc. Tranche F Refinancing Term Loan      
(Floating, ICE LIBOR USD 1M + 2.25%), 2.33%, 12/09/25† 39,697   39,261
UFC Holdings LLC Term B-3 Loan      
(Floating, ICE LIBOR USD 3M + 2.75%, 0.75% Floor), 3.50%, 04/29/26† 349,168   348,756
Univision Communications, Inc. 2021 Replacement Converted First-Lien Term Loan      
(Floating, ICE LIBOR USD 1M + 3.25%, 0.75% Floor), 4.00%, 03/15/26† 109,973   109,988
    Par   Value
Verscend Holding Corporation Term B-1 Loan      
(Floating, ICE LIBOR USD 1M + 4.00%), 4.08%, 08/27/25† $208,406   $208,970
VFH Parent LLC Initial Term Loan      
(Floating, ICE LIBOR USD 1M + 3.00%), 3.08%, 03/01/26† 268,130   268,058
Western Digital Corporation U.S. Term B-4 Loan      
(Floating, ICE LIBOR USD 1M + 1.75%), 1.84%, 04/29/23† 128,361   128,535
Total Loan Agreements
(Cost $9,207,589)
    9,215,234
MORTGAGE-BACKED SECURITIES — 24.8%
280 Park Avenue Mortgage Trust, Series 2017-280P, Class A      
(Floating, ICE LIBOR USD 1M + 0.88%, 0.88% Floor), 0.96%, 09/15/34 144A † 1,200,000   1,201,617
Alba PLC, Series 2007-1, Class A3      
(Floating, ICE LIBOR GBP 3M + 0.17%), 0.24%, 03/17/39(U) † 568,348   744,910
Alternative Loan Trust, Series 2006-OA11, Class A1B      
(Floating, ICE LIBOR USD 1M + 0.38%, 0.38% Floor), 0.47%, 09/25/46† 226,279   223,070
American Home Mortgage Investment Trust, Series 2005-2, Class 4A1      
(Floating, ICE LIBOR USD 6M + 1.50%, 1.50% Floor, 11.00% Cap), 1.65%, 09/25/45† 81,973   82,336
Arbor Multifamily Mortgage Securities Trust, Series 2020-MF1, Class A5      
2.76%, 05/15/53 144A 1,300,000   1,368,382
AREIT Trust, Series 2020-CRE4, Class A      
(Floating, U.S. 30-Day Average SOFR + 2.73%, 2.62% Floor), 2.78%, 04/15/37 144A † 721,601   726,688
AREIT Trust, Series 2021-CRE5, Class A      
(Floating, ICE LIBOR USD 1M + 1.08%, 1.08% Floor), 1.18%, 07/17/26 144A † 2,800,000   2,800,000
BAMLL Commercial Mortgage Securities Trust, Series 2021-JACX, Class A      
(Floating, ICE LIBOR USD 1M + 1.05%, 1.05% Floor), 1.15%, 09/15/38 144A † 2,300,000   2,305,362
Banc of America Funding Trust, Series 2005-D, Class A1      
2.78%, 05/25/35† γ 262,793   273,027
Banc of America Mortgage Trust, Series 2004-F, Class 1A1      
2.45%, 07/25/34† γ 25,952   26,750
BANK, Series 2017-BNK9, Class XA      
0.93%, 11/15/54†  IO γ 9,765,306   388,260
67

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
BANK, Series 2018-BNK10, Class D      
2.60%, 02/15/61 144A $200,000   $177,500
BANK, Series 2018-BNK14, Class D      
3.00%, 09/15/60 144A 250,000   226,071
BANK, Series 2019-BNK19, Class D      
3.00%, 08/15/61 144A 100,000   94,012
BANK, Series 2021-BN32, Class A5      
2.64%, 04/15/54 1,200,000   1,253,911
BANK, Series 2021-BN32, Class C      
3.37%, 04/15/54 300,000   309,399
BANK, Series 2021-BN34, Class A5      
2.44%, 06/15/63 1,500,000   1,541,600
Barclays Commercial Mortgage Trust, Series 2019-C4, Class D      
3.25%, 08/15/52 144A 250,000   234,744
BBCCRE Trust, Series 2015-GTP, Class A      
3.97%, 08/10/33 144A 1,600,000   1,736,545
BBCCRE Trust, Series 2015-GTP, Class D      
4.71%, 08/10/33 144A † γ 390,000   398,615
BBCMS Mortgage Trust, Series 2017-C1, Class D      
3.66%, 02/15/50 144A † γ 200,000   186,096
BBCMS Mortgage Trust, Series 2018-C2, Class A5      
4.31%, 12/15/51 1,700,000   1,964,526
BBCMS Mortgage Trust, Series 2020-C6, Class ASB      
2.60%, 02/15/53 1,800,000   1,899,363
BBCMS Mortgage Trust, Series 2021-C9, Class A5      
2.30%, 02/15/54 600,000   609,584
BBCMS Mortgage Trust, Series 2021-C9, Class C      
3.19%, 02/15/54 300,000   307,087
Bear Stearns ALT-A Trust, Series 2005-4, Class 23A2      
2.62%, 05/25/35† γ 90,799   91,906
Bear Stearns ARM Trust, Series 2002-11, Class 1A1      
2.51%, 02/25/33† γ 4,305   4,497
Bear Stearns Structured Products, Inc. Trust, Series 2007-R6, Class 1A1      
2.71%, 01/26/36† γ 282,372   231,547
Bellemeade Re, Ltd., Series 2021-2A, Class M1B      
(Floating, U.S. 30-Day Average SOFR + 1.50%, 1.50% Floor), 1.55%, 06/25/31 144A † 310,000   310,809
Benchmark Mortgage Trust, Series 2019-B9, Class A5      
4.02%, 03/15/52 1,800,000   2,050,317
Benchmark Mortgage Trust, Series 2020-B20, Class XA      
1.74%, 10/15/53†  IO γ 3,499,924   373,631
Benchmark Mortgage Trust, Series 2021-B28, Class XA      
1.41%, 08/15/54†  IO γ 3,878,401   381,612
    Par   Value
BWAY Mortgage Trust, Series 2021-1450, Class A      
(Floating, ICE LIBOR USD 1M + 1.25%, 1.25% Floor), 1.33%, 09/15/36 144A † $2,300,000   $2,302,875
BX Commercial Mortgage Trust, Series 2019-XL, Class F      
(Floating, ICE LIBOR USD 1M + 2.00%, 2.00% Floor), 2.08%, 10/15/36 144A † 1,298,994   1,302,450
Cantor Commercial Real Estate Lending, Series 2019-CF2, Class E      
2.50%, 11/15/52 144A 550,000   472,446
CHL Mortgage Pass-Through Trust, Series 2003-58, Class 2A2      
2.57%, 02/19/34† γ 148,130   154,762
CHL Mortgage Pass-Through Trust, Series 2004-HYB5, Class 2A1      
2.70%, 04/20/35† γ 3,349   3,351
CHT Mortgage Trust, Series 2017-CSMO, Class A      
(Floating, ICE LIBOR USD 1M + 0.93%, 0.93% Floor), 1.01%, 11/15/36 144A † 310,000   310,614
CIM Retail Portfolio Trust, Series 2021-RETL, Class A      
(Floating, ICE LIBOR USD 1M + 1.40%, 1.40% Floor), 1.48%, 08/15/36 144A † 1,300,000   1,304,162
Citigroup Commercial Mortgage Trust, Series 2014-GC23, Class B      
4.18%, 07/10/47 370,000   397,437
Citigroup Commercial Mortgage Trust, Series 2015-GC29, Class D      
3.11%, 04/10/48 144A 550,000   538,361
Citigroup Commercial Mortgage Trust, Series 2017-P7, Class D      
3.25%, 04/14/50 144A 150,000   127,548
Citigroup Commercial Mortgage Trust, Series 2019-C7, Class E      
2.75%, 12/15/72 144A 330,000   299,316
Citigroup Commercial Mortgage Trust, Series 2019-GC41, Class A5      
2.87%, 08/10/56 1,450,000   1,542,317
Citigroup Commercial Mortgage Trust, Series 2021-KEYS, Class A      
(Floating, ICE LIBOR USD 1M + 1.18%, 1.18% Floor), 1.28%, 10/15/36 144A † 2,300,000   2,302,847
Cold Storage Trust, Series 2020-ICE5, Class A      
(Floating, ICE LIBOR USD 1M + 0.90%, 0.90% Floor), 0.98%, 11/15/37 144A † 648,774   650,828
COMM Mortgage Trust, Series 2013-CR12, Class AM      
4.30%, 10/10/46 50,000   52,436
 
68

    Par   Value
COMM Mortgage Trust, Series 2013-CR12, Class B      
4.76%, 10/10/46 $40,000   $42,051
COMM Mortgage Trust, Series 2013-CR12, Class C      
5.25%, 10/10/46† γ 20,000   20,045
COMM Mortgage Trust, Series 2013-CR6, Class B      
3.40%, 03/10/46 144A 390,000   398,974
COMM Mortgage Trust, Series 2014-277P, Class A      
3.73%, 08/10/49 144A † γ 160,000   170,829
COMM Mortgage Trust, Series 2014-UBS6, Class A5      
3.64%, 12/10/47 2,400,000   2,579,451
COMM Mortgage Trust, Series 2015-DC1, Class C      
4.45%, 02/10/48† γ 80,000   82,138
COMM Mortgage Trust, Series 2017-COR2, Class C      
4.71%, 09/10/50† γ 500,000   545,577
COMM Mortgage Trust, Series 2019-GC44, Class D      
2.50%, 08/15/57 144A 450,000   405,179
COMM Mortgage Trust, Series 2020-CX, Class B      
2.45%, 11/10/46 144A 1,060,000   1,073,053
Connecticut Avenue Securities Trust, Series 2018-R07, Class 1M2      
(Floating, ICE LIBOR USD 1M + 2.40%), 2.49%, 04/25/31 144A † 146,620   147,398
Connecticut Avenue Securities Trust, Series 2019-R02, Class 1M2      
(Floating, ICE LIBOR USD 1M + 2.30%, 2.30% Floor), 2.39%, 08/25/31 144A † 161,832   163,027
CRSNT Trust, Series 2021-MOON, Class A      
(Floating, ICE LIBOR USD 1M + 0.82%, 0.82% Floor), 0.91%, 04/15/36 144A † 2,500,000   2,504,574
CSAIL Commercial Mortgage Trust, Series 2018-C14, Class D      
5.05%, 11/15/51 144A † γ 300,000   314,518
CSAIL Commercial Mortgage Trust, Series 2021-C20, Class A3      
2.80%, 03/15/54 800,000   838,949
CSAIL Commercial Mortgage Trust, Series 2021-C20, Class C      
3.85%, 03/15/54† γ 300,000   318,989
CSMC Trust, Series 2010-16, Class B9      
3.81%, 06/25/50 144A † γ 2,123,618   1,880,331
CSMC Trust, Series 2018-J1, Class A2      
3.50%, 02/25/48 144A † γ 1,385,085   1,422,885
CSMC, Series 2017-TIME, Class A      
3.65%, 11/13/39 144A 530,000   543,878
    Par   Value
CSMC, Series 2020-FACT, Class D      
(Floating, ICE LIBOR USD 1M + 3.71%, 3.71% Floor), 3.79%, 10/15/37 144A † $670,000   $678,869
CSMC, Series 2020-NET, Class A      
2.26%, 08/15/37 144A 2,000,000   2,057,392
CSMC, Series 2020-NET, Class B      
2.82%, 08/15/37 144A 650,000   673,986
CSMC, Series 2021-ADV, Class A      
(Floating, ICE LIBOR USD 1M + 1.40%, 1.40% Floor), 1.48%, 07/15/38 144A † 2,600,000   2,604,891
CSWF, Series 2021-SOP2, Class A      
(Floating, ICE LIBOR USD 1M + 0.97%, 0.97% Floor), 1.05%, 06/15/34 144A † 2,300,000   2,295,255
DBJPM Mortgage Trust, Series 2016-C1, Class D      
3.48%, 05/10/49 144A † γ 500,000   387,657
Deutsche Alt-A Securities, Inc. Mortgage Loan Trust Series, Series 2006-AR1, Class 3A1      
3.09%, 02/25/36† γ 566,780   488,793
DOLP Trust, Series 2021-NYC, Class A      
2.96%, 05/10/41 144A 3,400,000   3,607,735
Eurohome UK Mortgages PLC, Series 2007-1, Class A      
(Floating, ICE LIBOR GBP 3M + 0.15%), 0.22%, 06/15/44(U) † 1,358,269   1,790,111
Extended Stay America Trust, Series 2021-ESH, Class A      
(Floating, ICE LIBOR USD 1M + 1.08%, 1.08% Floor), 1.16%, 07/15/38 144A † 7,411,443   7,444,512
Fannie Mae Connecticut Avenue Securities, Series 2017-C04, Class 2M2      
(Floating, ICE LIBOR USD 1M + 2.85%), 2.94%, 11/25/29† 588,773   605,118
Fannie Mae Connecticut Avenue Securities, Series 2018-C01, Class 1M2      
(Floating, ICE LIBOR USD 1M + 2.25%, 2.25% Floor), 2.34%, 07/25/30† 142,020   144,022
Fannie Mae Connecticut Avenue Securities, Series 2018-C03, Class 1M2      
(Floating, ICE LIBOR USD 1M + 2.15%, 2.15% Floor), 2.24%, 10/25/30† 136,921   138,874
Federal Home Loan Mortgage Corporation      
8.00%, 08/01/24 245   262
5.50%, 02/01/27 11,937   13,345
4.50%, 10/01/29 1,020   1,114
7.50%, 11/01/29 1,970   2,303
7.50%, 12/01/29 2,119   2,478
69

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
(Floating, 2.23% - U.S. Treasury Yield Curve Rate CMT 1Y, 2.23% Floor, 11.36% Cap), 2.23%, 07/01/31† $2,349   $2,349
7.50%, 11/01/31 6,804   6,833
(Floating, ICE LIBOR USD 1Y + 1.98%, 1.98% Floor, 10.60% Cap), 2.23%, 04/01/32† 239   240
3.00%, 10/01/32 66,912   70,736
3.50%, 04/01/33 224,317   242,059
3.50%, 08/01/33 375,910   398,966
5.00%, 08/01/33 2,522   2,873
5.00%, 09/01/33 405   462
5.00%, 10/01/33 1,340   1,529
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.37%, 2.37% Floor, 9.23% Cap), 2.49%, 03/01/34† 609   614
5.00%, 12/01/34 35,209   40,085
5.50%, 05/01/35 162,041   183,882
5.00%, 07/01/35 1,985   2,268
5.00%, 11/01/35 69,392   79,276
5.50%, 11/01/35 11,737   13,356
5.00%, 12/01/35 5,972   6,706
6.00%, 02/01/36 176,056   197,921
5.00%, 02/01/37 5,439   6,228
5.50%, 07/01/37 15,282   17,840
3.50%, 01/01/38 319,734   346,311
3.00%, 02/01/38 93,260   97,782
3.00%, 04/01/38 63,045   66,095
5.50%, 04/01/38 3,546   4,142
7.00%, 03/01/39 9,126   10,658
6.50%, 09/01/39 17,736   20,178
4.00%, 02/01/41 22,027   24,236
2.50%, 04/01/41 96,054   100,062
5.00%, 06/01/41 1,180   1,334
2.00%, 09/01/41 1,194,975   1,216,426
3.50%, 10/01/42 65,302   70,684
4.00%, 10/01/42 23,843   26,297
3.50%, 11/01/42 144,165   155,997
3.50%, 12/01/42 13,236   14,212
3.50%, 01/01/43 25,917   28,053
3.50%, 02/01/43 122,931   132,702
4.00%, 04/01/43 71,577   78,945
3.50%, 05/01/43 220,069   240,398
4.00%, 05/01/43 28,000   31,108
4.00%, 06/01/43 35,692   40,240
4.00%, 07/01/43 128,333   144,109
4.00%, 08/01/43 61,149   67,444
4.50%, 12/01/43 439,315   492,199
3.50%, 02/01/44 32,800   35,504
4.50%, 02/01/44 353,124   394,035
4.50%, 03/01/44 97,545   108,989
3.50%, 03/01/45 319,592   344,868
4.00%, 12/01/45 182,588   199,226
3.50%, 06/01/46 35,095   38,017
4.00%, 09/01/46 195,055   211,342
    Par   Value
4.50%, 01/01/47 $51,407   $55,590
(Floating, U.S. Treasury Yield Curve Rate CMT 5Y + 1.29%, 1.29% Floor, 7.20% Cap), 2.06%, 03/01/47† 501,649   518,624
3.50%, 04/01/47 5,250,028   5,687,430
3.50%, 06/01/47 33,358   35,917
4.00%, 07/01/47 252,412   272,992
5.00%, 07/01/47 5,319   5,899
4.00%, 08/01/47 63,447   69,351
3.00%, 09/01/47 727,686   783,751
3.50%, 09/01/47 385,909   408,912
3.50%, 03/01/48 67,650   71,991
4.00%, 03/01/48 341,201   373,502
3.50%, 06/01/48 206,197   221,384
4.00%, 06/01/48 1,587,781   1,742,548
4.50%, 08/01/48 798,656   885,832
5.00%, 08/01/48 128,263   141,241
3.00%, 09/01/48 107,196   114,694
5.00%, 11/01/48 84,902   94,089
4.00%, 04/01/49 226,088   247,035
3.00%, 09/01/49 2,826,735   3,025,311
4.50%, 09/01/49 483,710   523,823
5.00%, 10/01/49 7,023   7,736
3.50%, 12/01/49 371,735   393,177
4.50%, 12/01/49 779,988   843,540
3.00%, 01/01/50 62,214   66,562
4.00%, 03/01/50 85,081   91,970
4.50%, 03/01/50 2,310   2,507
4.50%, 05/01/50 425,290   460,309
3.00%, 07/01/50 464,569   491,736
2.00%, 11/01/50 468,092   471,464
2.50%, 12/01/50 651,995   677,359
3.00%, 12/01/50 3,415,480   3,658,817
2.50%, 01/01/51 556,748   577,875
2.00%, 02/01/51 1,344,923   1,357,358
2.50%, 02/01/51 186,381   193,601
3.50%, 02/01/51 373,319   401,390
2.00%, 03/01/51 1,676,299   1,689,952
2.00%, 04/01/51 786,238   793,359
2.00%, 05/01/51 2,640,859   2,666,657
2.50%, 05/01/51 97,479   102,665
2.50%, 07/01/51 2,180,085   2,267,738
2.50%, 08/01/51 497,535   518,982
2.50%, 09/01/51 5,086,738   5,288,019
Federal Home Loan Mortgage Corporation Reference REMIC, Series R007      
6.00%, 05/15/36 93,430   108,715
Federal Home Loan Mortgage Corporation REMIC, Series 3325      
(Floating, ICE LIBOR USD 1M + 0.50%, 0.50% Floor, 6.75% Cap), 0.58%, 06/15/37† 57,460   58,431
 
70

    Par   Value
Federal Home Loan Mortgage Corporation REMIC, Series 3621      
(Floating, 6.23% - ICE LIBOR USD 1M, 6.23% Cap), 6.15%, 01/15/40†  IO $129,402   $25,241
Federal Home Loan Mortgage Corporation REMIC, Series 3947      
(Floating, 5.95% - ICE LIBOR USD 1M, 5.95% Cap), 5.87%, 10/15/41†  IO 58,195   9,190
Federal Home Loan Mortgage Corporation REMIC, Series 3973      
(Floating, 6.49% - ICE LIBOR USD 1M, 6.49% Cap), 6.41%, 12/15/41†  IO 159,213   34,447
Federal Home Loan Mortgage Corporation REMIC, Series 4099      
(Floating, 6.00% - ICE LIBOR USD 1M, 6.00% Cap), 5.92%, 08/15/42†  IO 106,099   17,639
Federal Home Loan Mortgage Corporation REMIC, Series 4194      
3.50%, 04/15/43 IO 141,843   15,300
Federal Home Loan Mortgage Corporation REMIC, Series 4210      
3.00%, 05/15/43 131,521   138,487
Federal Home Loan Mortgage Corporation REMIC, Series 4239      
3.50%, 06/15/27 IO 123,050   5,847
Federal Home Loan Mortgage Corporation REMIC, Series 4298      
4.00%, 04/15/43 IO 48,789   1,060
Federal Home Loan Mortgage Corporation REMIC, Series 4310      
(Floating, 5.95% - ICE LIBOR USD 1M, 5.95% Cap), 5.87%, 02/15/44†  IO 58,950   10,428
Federal Home Loan Mortgage Corporation REMIC, Series 4335      
(Floating, 6.00% - ICE LIBOR USD 1M, 6.00% Cap), 5.92%, 05/15/44†  IO 56,474   10,513
Federal Home Loan Mortgage Corporation REMIC, Series 4415      
1.67%, 04/15/41†  IO γ 66,898   3,856
Federal Home Loan Mortgage Corporation REMIC, Series 4638      
(Floating, ICE LIBOR USD 1M + 0.44%), 0.54%, 07/15/40† 192,658   195,000
Federal Home Loan Mortgage Corporation REMIC, Series 4793      
3.00%, 05/15/48 364,726   381,972
3.00%, 06/15/48 245,699   257,331
Federal Home Loan Mortgage Corporation REMIC, Series 4813      
3.00%, 08/15/48 164,137   169,852
Federal Home Loan Mortgage Corporation REMIC, Series 4989      
(Floating, ICE LIBOR USD 1M + 0.35%), 0.45%, 08/15/40† 768,934   772,303
(Floating, ICE LIBOR USD 1M + 0.35%), 0.45%, 10/15/40† 708,247   711,348
    Par   Value
Federal Home Loan Mortgage Corporation REMIC, Series 5010      
2.50%, 09/25/50 IO $626,683   $90,086
Federal Home Loan Mortgage Corporation REMIC, Series 5013      
2.50%, 09/25/50 IO 190,277   27,377
Federal Home Loan Mortgage Corporation REMIC, Series 5018      
2.00%, 10/25/50 IO 377,995   49,221
Federal Home Loan Mortgage Corporation REMIC, Series 5040      
2.50%, 11/25/50 IO 91,081   11,694
Federal Home Loan Mortgage Corporation REMIC, Series 5059      
2.50%, 01/25/51 IO 384,353   61,379
Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2020-DNA3, Class B1      
(Floating, ICE LIBOR USD 1M + 5.10%), 5.19%, 06/25/50 144A † 170,000   177,985
Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2020-DNA4, Class B1      
(Floating, ICE LIBOR USD 1M + 6.00%), 6.09%, 08/25/50 144A † 176,000   187,663
Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2020-DNA5, Class B1      
(Floating, U.S. 30-Day Average SOFR + 4.80%), 4.85%, 10/25/50 144A † 720,000   770,716
Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2021-DNA5, Class M2      
(Floating, U.S. 30-Day Average SOFR + 1.65%), 1.70%, 01/25/34 144A † 200,000   201,877
Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2021-HQA1, Class B1      
(Floating, U.S. 30-Day Average SOFR + 3.00%), 3.05%, 08/25/33 144A † 970,000   984,370
Federal Home Loan Mortgage Corporation STRIP, Series 353      
(Floating, 6.00% - ICE LIBOR USD 1M, 6.00% Cap), 5.92%, 12/15/46†  IO 238,826   41,933
Federal National Mortgage Association      
(Floating, COF 11th District San Francisco + 1.25%, 1.25% Floor, 12.75% Cap), 1.59%, 07/01/22† 101   101
5.50%, 09/01/23 2,548   2,595
5.50%, 10/01/23 671   683
71

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
2.81%, 04/01/25 $50,000   $53,123
5.50%, 05/01/25 123   124
(Floating, COF 11th District San Francisco + 1.25%, 1.25% Floor, 12.05% Cap), 1.53%, 07/01/27† 5,373   5,349
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.13%, 2.13% Floor, 11.79% Cap), 2.26%, 08/01/27† 4,085   4,089
(Floating, COF 11th District San Francisco + 1.25%, 1.25% Floor, 10.61% Cap), 1.53%, 11/01/27 CONV † 6,319   6,271
3.08%, 01/01/28 140,000   152,932
3.16%, 05/01/29 145,473   159,955
2.79%, 08/01/29 500,000   540,531
2.26%, 04/01/30 388,748   408,395
(Floating, 2.38% - U.S. Treasury Yield Curve Rate CMT 1Y, 2.38% Floor, 10.65% Cap), 2.38%, 06/01/30 CONV † 9,007   9,023
8.00%, 10/01/30 5,946   7,010
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.51%, 2.51% Floor, 12.62% Cap), 2.63%, 12/01/30 CONV † 1,407   1,408
(Floating, COF 11th District San Francisco + 1.25%, 1.25% Floor, 10.55% Cap), 1.53%, 01/01/31† 3,694   3,646
4.50%, 04/01/31 22,373   24,483
4.50%, 05/01/31 84,471   92,233
4.50%, 06/01/31 25,575   27,925
4.50%, 11/01/31 37,546   40,999
6.00%, 11/01/31 1,494   1,744
4.50%, 12/01/31 55,562   60,671
6.00%, 01/01/32 45,858   51,530
6.00%, 03/01/32 1,732   1,947
6.00%, 04/01/32 84,224   94,807
(Floating, COF 11th District San Francisco + 1.25%, 1.25% Floor, 10.95% Cap), 1.53%, 06/01/32† 5,543   5,469
(Floating, COF 11th District San Francisco + 1.25%, 1.25% Floor, 12.22% Cap), 1.59%, 08/01/32† 5,637   5,565
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 2.13%, 2.13% Floor, 9.75% Cap), 2.25%, 02/01/33† 774   773
(Floating, COF 11th District San Francisco + 1.25%, 1.25% Floor, 11.96% Cap), 1.59%, 05/01/33† 7,418   7,353
5.00%, 07/01/33 11,514   13,103
5.00%, 09/01/33 14,473   16,451
3.50%, 05/01/34 82,737   89,294
6.00%, 10/01/34 23,204   26,053
(Floating, ICE LIBOR USD 1Y + 1.55%, 1.55% Floor, 9.67% Cap), 1.92%, 12/01/34† 11,497   11,600
    Par   Value
3.50%, 12/01/34 $20,815   $22,538
3.50%, 01/01/35 21,411   23,131
6.00%, 05/01/35 162,785   185,256
3.00%, 07/01/35 26,957   28,659
6.00%, 07/01/35 33,707   37,982
5.50%, 09/01/35 23,706   26,480
5.00%, 10/01/35 40,386   45,958
6.00%, 10/01/35 12,594   14,768
(Floating, COF 11th District San Francisco + 1.25%, 1.25% Floor, 10.54% Cap), 1.53%, 11/01/35† 2,389   2,391
(Floating, Federal Reserve U.S. 12 1Y CMT + 1.82%, 1.82% Floor, 8.94% Cap), 1.96%, 11/01/35† 13,502   14,091
6.00%, 11/01/35 176,203   199,711
1.50%, 12/01/35 93,043   94,302
3.00%, 02/01/36 395,622   419,550
3.00%, 04/01/36 323,646   342,745
5.50%, 04/01/36 1,558   1,692
(Floating, COF 11th District San Francisco + 1.25%, 3.94% Floor, 12.88% Cap), 4.00%, 05/01/36† 16,925   18,245
3.00%, 07/01/36 611,453   647,593
3.00%, 08/01/36 238,321   252,673
2.50%, 09/01/36 140,592   145,507
3.00%, 10/01/36 1,210,905   1,285,311
5.50%, 11/01/36 32,983   38,350
3.00%, 12/01/36 514,930   546,087
3.50%, 02/01/37 87,936   94,745
3.50%, 03/01/37 77,070   82,358
5.50%, 03/01/37 1,967   2,250
6.00%, 07/01/37 383,322   453,024
6.50%, 10/01/37 38,018   42,766
7.00%, 10/01/37 549   568
7.00%, 11/01/37 3,252   3,509
(Floating, COF 11th District San Francisco + 1.25%, 1.25% Floor, 10.69% Cap), 1.53%, 12/01/37† 11,313   11,251
3.00%, 12/01/37 70,577   74,178
3.50%, 12/01/37 103,512   112,268
7.00%, 12/01/37 2,944   3,473
(Floating, COF 11th District San Francisco + 1.25%, 1.25% Floor, 10.54% Cap), 1.53%, 01/01/38† 4,588   4,613
2.50%, 03/01/38 499,310   516,856
4.50%, 03/01/38 3,221   3,531
4.50%, 04/01/38 25,699   28,806
5.00%, 04/01/38 39,440   45,131
3.00%, 06/01/38 290,497   307,432
5.00%, 06/01/38 39,822   45,480
5.50%, 08/01/38 23,040   26,918
7.00%, 11/01/38 10,839   12,623
7.00%, 02/01/39 3,983   4,685
3.50%, 08/01/39 72,385   77,276
 
72

    Par   Value
6.00%, 12/01/39 $149,066   $176,297
3.50%, 02/01/40 190,786   206,665
3.00%, 03/01/40 292,431   307,080
(Floating, Federal Reserve U.S. 12 1Y CMT + 1.40%, 1.40% Floor, 9.69% Cap), 1.50%, 06/01/40† 15,314   15,886
1.50%, 10/01/40† 44,449   44,904
(Floating, COF 11th District San Francisco + 1.25%, 1.25% Floor, 10.25% Cap), 1.53%, 11/01/40† 6,076   6,012
2.50%, 03/01/41 96,308   101,573
2.50%, 04/01/41 677,893   712,217
4.50%, 04/01/41 57,298   64,253
2.50%, 05/01/41 780,890   813,478
6.00%, 07/01/41 127,230   150,436
4.50%, 08/01/41 25,468   28,279
4.50%, 11/01/41 100,270   112,200
4.00%, 06/01/42 20,563   22,243
3.50%, 09/01/42 23,670   25,534
4.00%, 10/01/42 86,243   94,588
2.50%, 11/01/42 12,880   13,410
4.00%, 11/01/42 931,690   1,036,245
2.50%, 12/01/42 7,916   8,245
3.00%, 12/01/42 11,164   12,143
3.50%, 12/01/42 43,122   46,963
4.00%, 12/01/42 57,900   63,866
2.50%, 01/01/43 9,248   9,632
3.00%, 01/01/43 181,429   194,819
3.50%, 01/01/43 746,053   807,277
2.50%, 02/01/43 11,505   11,943
2.50%, 03/01/43 876,347   912,704
3.00%, 03/01/43 130,250   141,544
3.50%, 03/01/43 336,548   365,310
2.50%, 04/01/43 914,187   948,523
3.00%, 04/01/43 196,485   213,718
4.00%, 04/01/43 31,223   34,885
2.50%, 05/01/43 15,105   15,622
3.00%, 05/01/43 119,622   130,114
2.50%, 06/01/43 19,061   19,829
3.00%, 06/01/43 37,909   41,235
4.00%, 06/01/43 283,090   315,502
3.00%, 07/01/43 320,687   348,815
4.00%, 07/01/43 309,730   344,481
2.50%, 08/01/43 452,620   468,446
4.00%, 08/01/43 88,395   97,468
4.50%, 09/01/43 264,341   293,109
2.50%, 10/01/43 24,158   25,151
4.50%, 10/01/43 86,720   96,748
4.50%, 11/01/43 58,969   65,432
4.50%, 12/01/43 92,976   103,471
4.50%, 01/01/44 53,100   58,918
4.50%, 02/01/44 258,436   286,842
4.50%, 10/01/44 203,440   227,315
4.00%, 01/01/45 79,904   88,505
4.50%, 02/01/45 669,368   758,550
4.50%, 04/01/45 340,312   382,536
4.50%, 05/01/45 41,776   46,960
    Par   Value
4.50%, 06/01/45 $322,301   $355,897
3.00%, 11/01/45 670,993   709,704
3.50%, 12/01/45 112,973   122,680
3.50%, 01/01/46 218,756   238,117
3.00%, 05/01/46 309,380   333,192
3.00%, 07/01/46 332,073   354,149
3.00%, 08/01/46 505,646   544,192
3.00%, 09/01/46 82,460   87,908
3.00%, 10/01/46 44,150   47,058
3.00%, 11/01/46 1,025,754   1,097,189
3.50%, 11/01/46 29,961   32,175
4.50%, 11/01/46 306,384   334,926
5.00%, 11/01/46 514,484   580,683
3.50%, 12/01/46 179,084   193,130
4.00%, 01/01/47 736,049   804,885
3.50%, 02/01/47 1,992,271   2,130,883
4.00%, 02/01/47 75,577   82,306
3.50%, 03/01/47 325,612   347,026
4.50%, 03/01/47 408,975   450,367
4.00%, 04/01/47 59,542   64,714
3.50%, 05/01/47 276,261   296,501
4.00%, 05/01/47 63,181   69,154
4.50%, 06/01/47 1,159,063   1,276,049
3.50%, 07/01/47 492,063   524,292
4.50%, 07/01/47 615,103   675,235
4.00%, 08/01/47 518,977   567,942
3.00%, 09/01/47 808,450   865,739
3.50%, 09/01/47 10,615,810   11,592,699
3.50%, 10/01/47 11,991,723   13,100,127
3.50%, 11/01/47 15,302,654   16,719,259
4.50%, 11/01/47 154,890   170,565
3.50%, 12/01/47 15,820,813   17,275,520
4.00%, 12/01/47 294,699   324,039
4.00%, 01/01/48 363,396   398,796
3.50%, 02/01/48 956,708   1,017,348
4.00%, 02/01/48 992,137   1,092,024
4.00%, 03/01/48 724,223   792,502
3.50%, 04/01/48 530,283   563,834
5.00%, 05/01/48 130,717   144,809
4.00%, 06/01/48 459,079   505,220
4.00%, 07/01/48 809,806   888,863
4.50%, 07/01/48 220,606   242,972
3.50%, 08/01/48 4,011,469   4,331,052
4.00%, 08/01/48 2,237,429   2,439,383
4.50%, 08/01/48 387,443   428,834
5.00%, 08/01/48 3,328   3,665
4.00%, 09/01/48 63,476   69,396
4.50%, 09/01/48 428,337   475,041
5.00%, 09/01/48 926,546   1,031,836
4.00%, 10/01/48 4,706   5,056
4.50%, 10/01/48 581,555   638,939
5.00%, 10/01/48 280,152   308,821
3.50%, 11/01/48 378,866   406,900
4.00%, 11/01/48 107,474   117,652
4.50%, 11/01/48 201,861   222,419
5.00%, 11/01/48 2,591,967   2,884,060
4.50%, 12/01/48 290,943   318,557
73

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
4.00%, 01/01/49 $1,106,560   $1,195,376
4.50%, 01/01/49 480,316   520,683
4.00%, 05/01/49 54,372   59,318
3.50%, 06/01/49 363,099   387,538
4.50%, 06/01/49 942,560   1,017,871
4.50%, 07/01/49 656,607   712,362
3.00%, 09/01/49 1,318,721   1,413,532
4.50%, 09/01/49 587,121   648,487
5.00%, 09/01/49 697,103   779,130
4.00%, 10/01/49 45,630   49,477
3.00%, 11/01/49 149,636   157,003
3.00%, 12/01/49 1,327,350   1,410,743
4.00%, 12/01/49 166,317   180,968
3.00%, 01/01/50 42,302   44,693
3.00%, 02/01/50 2,575,381   2,723,612
3.50%, 02/01/50 3,248   3,471
3.00%, 03/01/50 312,537   338,401
5.00%, 03/01/50 17,378   19,110
3.00%, 04/01/50 1,782,550   1,889,100
3.00%, 06/01/50 868,341   921,658
4.50%, 07/01/50 53,867   58,131
2.00%, 08/01/50 86,520   87,297
3.00%, 08/01/50 145,153   153,328
3.50%, 08/01/50 88,642   94,936
2.00%, 09/01/50 86,825   87,604
2.50%, 09/01/50 95,120   100,006
3.00%, 09/01/50 388,165   411,259
2.50%, 11/01/50 285,374   299,214
3.00%, 11/01/50 149,032   159,147
2.50%, 12/01/50 93,114   96,569
4.00%, 12/01/50 79,001   86,228
4.50%, 12/01/50 841,202   910,133
2.00%, 01/01/51 476,062   478,624
2.50%, 01/01/51 95,963   99,681
2.00%, 02/01/51 1,731,559   1,743,332
2.50%, 02/01/51 937,750   974,973
2.00%, 03/01/51 5,125,774   5,165,400
2.50%, 03/01/51 195,299   204,138
2.00%, 04/01/51 1,358,299   1,368,180
2.50%, 04/01/51 196,709   205,040
2.50%, 05/01/51 295,779   307,046
3.50%, 05/01/51 10,038   10,644
2.50%, 06/01/51 785,776   818,329
2.50%, 07/01/51 892,030   930,124
2.50%, 08/01/51 398,493   414,066
2.50%, 09/01/51 4,088,652   4,247,449
3.00%, 09/01/51 99,285   105,633
4.00%, 02/01/56 350,866   396,488
5.50%, 09/01/56 514,122   612,020
4.00%, 01/01/57 225,220   254,505
4.00%, 06/01/57 361,341   402,403
4.50%, 09/01/57 578,567   647,477
4.50%, 08/01/58 163,377   184,392
Federal National Mortgage Association ACES, Series 2015-M1      
0.59%, 09/25/24†  IO γ 2,861,014   45,116
    Par   Value
Federal National Mortgage Association ACES, Series 2016-M11      
2.94%, 07/25/39 $63,656   $65,043
Federal National Mortgage Association ACES, Series 2017-M8      
3.06%, 05/25/27 100,000   108,653
Federal National Mortgage Association ACES, Series 2019-M23      
2.72%, 10/25/31 299,740   324,734
Federal National Mortgage Association ACES, Series 2020-M33      
2.36%, 01/25/31†  IO γ 7,100,000   972,640
Federal National Mortgage Association ACES, Series 2020-M6      
2.50%, 10/25/37 93,158   97,398
Federal National Mortgage Association Interest STRIP, Series 409      
3.00%, 04/25/27 IO 106,669   5,966
4.50%, 11/25/39 IO 20,143   2,952
3.50%, 11/25/41 IO 69,659   6,778
4.00%, 11/25/41 IO 92,305   12,885
4.00%, 04/25/42 IO 170,746   23,809
Federal National Mortgage Association REMIC, Series 2000-32      
(Floating, ICE LIBOR USD 1M + 0.45%, 0.45% Floor, 9.00% Cap), 0.54%, 10/18/30† 4,087   4,106
Federal National Mortgage Association REMIC, Series 2005-29      
5.50%, 04/25/35 264,696   302,991
Federal National Mortgage Association REMIC, Series 2007-24      
(Floating, 6.75% - ICE LIBOR USD 1M, 6.75% Cap), 6.66%, 03/25/37†  IO 277,187   58,185
Federal National Mortgage Association REMIC, Series 2011-52      
5.00%, 06/25/41 163,711   186,018
Federal National Mortgage Association REMIC, Series 2011-59      
5.50%, 07/25/41 541,744   624,085
Federal National Mortgage Association REMIC, Series 2011-96      
(Floating, 6.55% - ICE LIBOR USD 1M, 6.55% Cap), 6.46%, 10/25/41†  IO 222,672   42,303
Federal National Mortgage Association REMIC, Series 2012-101      
4.00%, 09/25/27 IO 48,601   1,977
 
74

    Par   Value
Federal National Mortgage Association REMIC, Series 2012-111      
7.00%, 10/25/42 $14,219   $17,094
Federal National Mortgage Association REMIC, Series 2012-118      
3.50%, 12/25/39 IO 10,223   16
Federal National Mortgage Association REMIC, Series 2012-133      
(Floating, 6.15% - ICE LIBOR USD 1M, 6.15% Cap), 6.06%, 12/25/42†  IO 65,888   12,141
Federal National Mortgage Association REMIC, Series 2012-153      
7.00%, 07/25/42 49,278   59,640
Federal National Mortgage Association REMIC, Series 2012-28      
6.50%, 06/25/39 3,052   3,334
Federal National Mortgage Association REMIC, Series 2012-35      
(Floating, 6.50% - ICE LIBOR USD 1M, 6.50% Cap), 6.41%, 04/25/42†  IO 66,276   13,249
Federal National Mortgage Association REMIC, Series 2012-46      
6.00%, 05/25/42 70,532   82,364
Federal National Mortgage Association REMIC, Series 2012-70      
(Floating, 6.65% - ICE LIBOR USD 1M, 6.65% Cap), 6.56%, 02/25/41†  IO 3,087   59
Federal National Mortgage Association REMIC, Series 2012-74      
(Floating, 6.65% - ICE LIBOR USD 1M, 6.65% Cap), 6.56%, 03/25/42†  IO 88,625   14,495
Federal National Mortgage Association REMIC, Series 2012-75      
(Floating, 6.60% - ICE LIBOR USD 1M, 6.60% Cap), 6.51%, 07/25/42†  IO 17,174   3,099
Federal National Mortgage Association REMIC, Series 2013-124      
(Floating, 5.95% - ICE LIBOR USD 1M, 5.95% Cap), 5.86%, 12/25/43†  IO 261,290   50,049
Federal National Mortgage Association REMIC, Series 2013-14      
4.00%, 03/25/43 IO 65,776   6,608
Federal National Mortgage Association REMIC, Series 2013-17      
3.00%, 03/25/28 IO 444,420   29,224
    Par   Value
Federal National Mortgage Association REMIC, Series 2013-29      
4.00%, 04/25/43 IO $176,627   $18,289
Federal National Mortgage Association REMIC, Series 2013-54      
(Floating, 6.15% - ICE LIBOR USD 1M, 6.15% Cap), 6.06%, 06/25/43†  IO 114,868   24,346
Federal National Mortgage Association REMIC, Series 2013-9      
5.50%, 04/25/42 313,715   358,114
6.50%, 07/25/42 130,463   155,134
Federal National Mortgage Association REMIC, Series 2014-47      
1.69%, 08/25/44†  IO γ 211,172   12,061
Federal National Mortgage Association REMIC, Series 2015-55      
1.43%, 08/25/55†  IO γ 80,280   3,427
Federal National Mortgage Association REMIC, Series 2015-56      
(Floating, 6.15% - ICE LIBOR USD 1M, 6.15% Cap), 6.06%, 08/25/45†  IO 40,384   9,608
Federal National Mortgage Association REMIC, Series 2017-76      
(Floating, 6.10% - ICE LIBOR USD 1M, 6.10% Cap), 6.01%, 10/25/57†  IO 510,898   104,900
Federal National Mortgage Association REMIC, Series 2017-85      
(Floating, 6.20% - ICE LIBOR USD 1M, 6.20% Cap), 6.11%, 11/25/47†  IO 175,518   31,562
Federal National Mortgage Association REMIC, Series 2020-47      
2.00%, 07/25/50 307,588   286,038
Federal National Mortgage Association REMIC, Series 2020-56      
2.50%, 08/25/50 IO 361,516   58,232
Federal National Mortgage Association REMIC, Series 2020-74      
2.50%, 10/25/50 IO 179,102   27,140
Federal National Mortgage Association REMIC, Series 2020-89      
2.50%, 12/25/50 IO 903,825   121,911
Federal National Mortgage Association REMIC, Series 2021-1      
2.50%, 02/25/51 IO 676,921   99,464
75

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Federal National Mortgage Association REMIC, Series 2021-3      
2.50%, 02/25/51 IO $855,982   $124,527
FHLMC Multifamily Structured Pass-Through Certificates, Series K016      
1.55%, 10/25/21†  IO γ 1,993     —
FHLMC Multifamily Structured Pass-Through Certificates, Series K068      
0.56%, 08/25/27†  IO γ 2,388,284   56,459
FHLMC Multifamily Structured Pass-Through Certificates, Series K091      
0.70%, 03/25/29†  IO γ 1,413,374   55,493
FHLMC Multifamily Structured Pass-Through Certificates, Series K093      
1.09%, 05/25/29†  IO γ 1,991,546   127,895
FHLMC Multifamily Structured Pass-Through Certificates, Series K094      
1.02%, 06/25/29†  IO γ 997,698   60,674
FHLMC Multifamily Structured Pass-Through Certificates, Series K-1519      
0.71%, 12/25/35†  IO γ 6,056,066   404,157
FHLMC Multifamily Structured Pass-Through Certificates, Series K723      
1.04%, 08/25/23†  IO γ 2,853,929   41,592
FHLMC Multifamily Structured Pass-Through Certificates, Series K736      
1.44%, 07/25/26†  IO γ 1,038,430   54,060
FHLMC Multifamily Structured Pass-Through Certificates, Series K741      
0.66%, 12/25/27†  IO γ 2,999,239   96,796
FHLMC Structured Agency Credit Risk Debt Notes, Series 2016-DNA4, Class M3      
(Floating, ICE LIBOR USD 1M + 3.80%, 3.80% Floor), 3.89%, 03/25/29† 220,233   228,096
FHLMC Structured Pass-Through Certificates, Series T-61, Class 1A1      
(Floating, Federal Reserve U.S. 12 1Y CMT + 1.40%, 1.40% Floor), 1.49%, 07/25/44† 337,394   347,705
Finsbury Square PLC, Series 2020-2A, Class A      
(Floating, SONIA Deposit Rates Swap 3M + 1.30%), 1.35%, 06/16/70(U)  144A † 1,168,413   1,592,617
First Horizon Alternative Mortgage Securities Trust, Series 2004-AA1, Class A1      
2.16%, 06/25/34† γ 137,119   141,248
FREMF Mortgage Trust, Series 2012-K20, Class X2A      
0.20%, 05/25/45 144A  IO 4,705,366   3,648
    Par   Value
Government National Mortgage Association      
7.00%, 01/15/26 $1,710   $1,834
7.00%, 07/15/27 12,270   13,597
7.00%, 01/15/28 9,047   9,156
7.00%, 03/15/28 17,245   19,450
7.00%, 07/15/28 1,597   1,637
7.50%, 07/15/28 8,072   8,196
6.50%, 08/15/28 1,210   1,353
7.00%, 08/15/28 2,506   2,725
7.50%, 08/15/28 5,137   5,711
6.50%, 09/15/28 2,566   2,870
7.00%, 10/15/28 9,289   9,326
7.50%, 03/15/29 6,558   7,541
(Floating, U.S. Treasury Yield Curve Rate CMT 1Y + 1.50%, 1.50% Floor, 11.00% Cap), 2.13%, 11/20/29† 13,096   13,581
8.50%, 08/15/30 246   247
8.50%, 11/20/30 4,370   5,073
6.50%, 08/15/31 21,563   24,480
7.50%, 08/15/31 5,679   6,170
6.50%, 10/15/31 20,267   22,869
6.00%, 11/15/31 68,749   79,549
6.50%, 11/15/31 34,369   38,409
6.00%, 12/15/31 11,849   13,796
6.00%, 01/15/32 49,076   55,561
6.00%, 02/15/32 58,838   66,061
6.50%, 02/15/32 22,702   25,394
6.00%, 04/15/32 32,564   36,512
6.50%, 06/15/32 37,049   41,444
6.50%, 08/15/32 49,092   55,062
6.50%, 09/15/32 42,471   48,521
6.00%, 10/15/32 46,172   54,540
5.50%, 11/15/32 7,153   8,104
6.00%, 11/15/32 36,296   41,038
6.00%, 12/15/32 22,227   25,416
6.50%, 12/15/32 4,428   4,950
5.50%, 01/15/33 3,477   3,885
6.00%, 01/15/33 13,458   15,173
5.50%, 02/15/33 7,952   9,034
6.00%, 02/15/33 15,913   18,806
5.50%, 03/15/33 9,389   10,764
6.50%, 04/15/33 89,423   104,290
6.00%, 06/15/33 16,198   18,155
5.50%, 07/15/33 9,838   11,189
5.50%, 08/15/33 2,909   3,247
5.50%, 09/15/33 2,303   2,582
6.00%, 10/15/33 30,367   34,085
6.50%, 10/15/33 46,159   51,632
5.50%, 04/15/34 4,079   4,552
5.50%, 05/15/34 2,324   2,593
6.50%, 08/15/34 56,772   65,191
5.50%, 09/15/34 37,779   43,827
5.50%, 12/15/34 38,576   45,001
5.50%, 01/15/35 26,141   30,549
6.00%, 09/20/38 79,680   92,228
5.00%, 07/20/40 6,028   6,857
 
76

    Par   Value
5.00%, 09/20/40 $28,237   $32,225
4.00%, 10/20/40 3,261   3,572
6.00%, 10/20/40 11,018   12,916
6.00%, 01/20/41 11,045   12,958
4.50%, 04/20/41 112,242   125,093
3.00%, 09/15/42 265,487   281,926
3.00%, 10/15/42 118,378   125,471
3.00%, 11/15/42 54,262   57,530
4.00%, 08/20/43 195,250   213,739
3.50%, 06/20/44 69,654   74,945
3.00%, 01/15/45 1,456,719   1,534,848
3.50%, 03/20/45 30,480   32,546
3.50%, 04/15/45 264,839   283,002
4.00%, 05/20/45 16,772   18,271
4.00%, 10/20/45 125,805   134,879
3.50%, 01/20/46 80,634   86,230
3.50%, 04/20/46 175,928   186,621
3.50%, 05/20/46 89,909   95,568
3.50%, 06/20/46 186,008   197,869
3.50%, 07/20/46 93,406   99,177
3.00%, 08/20/46 234,618   247,187
3.50%, 09/20/46 872,810   928,146
3.00%, 11/20/46 56,991   60,012
3.50%, 04/20/47 1,973,189   2,076,929
3.50%, 05/20/47 423,604   448,808
4.00%, 06/20/47 816,102   875,606
4.50%, 08/20/47 38,291   41,506
3.00%, 09/20/47 15,842   16,642
4.00%, 09/20/47 525,626   563,410
3.50%, 10/20/47 495,287   529,129
4.00%, 11/20/47 320,662   343,702
3.50%, 12/20/47 1,910,229   2,025,886
4.00%, 12/20/47 144,802   155,202
3.00%, 02/20/48 76,073   79,727
4.00%, 02/20/48 93,614   100,335
4.00%, 03/20/48 148,551   159,218
4.00%, 04/20/48 95,229   102,071
4.50%, 04/20/48 254,834   273,285
4.50%, 05/20/48 906,031   967,610
3.50%, 06/15/48 135,976   146,170
4.50%, 06/20/48 260,161   279,481
4.50%, 07/20/48 17,864   19,105
5.00%, 07/20/48 209,679   226,978
4.50%, 08/20/48 2,178,695   2,335,329
5.00%, 08/20/48 252,166   271,853
3.50%, 09/20/48 445,558   472,536
4.50%, 09/20/48 1,547,183   1,657,916
4.50%, 10/20/48 242,838   259,341
5.00%, 10/20/48 1,007,384   1,088,580
5.00%, 11/20/48 1,859,770   2,009,505
4.50%, 12/20/48 968,687   1,035,159
5.00%, 12/20/48 1,071,871   1,158,056
4.50%, 01/20/49 3,856,393   4,132,572
5.00%, 01/20/49 3,375,661   3,628,683
4.00%, 02/20/49 1,713,346   1,826,539
4.50%, 02/20/49 364,549   389,951
    Par   Value
5.00%, 02/20/49 $77,242   $83,455
4.00%, 03/20/49 1,827,232   1,948,433
4.50%, 03/20/49 267,088   285,214
5.00%, 03/20/49 328,013   354,421
4.00%, 05/20/49 1,043,322   1,113,249
3.50%, 07/20/49 314,247   330,729
5.00%, 08/20/49 5,540,570   5,986,301
3.50%, 10/20/49 93,123   96,471
4.00%, 10/20/49 59,242   63,888
4.50%, 10/20/49 324,385   346,469
4.00%, 11/20/49 69,264   72,905
5.00%, 11/20/49 426,751   460,338
3.00%, 01/20/50 230,880   241,584
4.00%, 01/20/50 72,258   78,916
3.50%, 02/20/50 105,980   112,093
4.00%, 02/20/50 61,867   67,217
3.00%, 03/20/50 429,756   449,765
4.00%, 03/20/50 60,013   65,721
4.00%, 04/20/50 263,396   286,015
3.50%, 05/15/50 150,843   161,060
4.50%, 05/20/50 715,779   762,288
3.50%, 07/20/50 119,345   125,582
3.50%, 10/20/50 143,090   150,589
3.50%, 11/20/50 218,350   229,734
2.00%, 12/20/50 1,330,612   1,351,829
2.50%, 12/20/50 284,156   295,083
4.50%, 12/20/50 499,586   535,209
2.00%, 03/20/51 290,557   295,133
3.00%, 07/20/51 178,246   186,507
2.50%, 08/20/51 15,941,844   16,463,114
2.50%, 10/01/51 TBA 17,000,000   17,550,508
3.00%, 10/01/51 TBA 15,100,000   15,777,141
3.50%, 10/01/51 TBA 4,000,000   4,206,328
4.50%, 10/01/51 TBA 1,000,000   1,066,407
Government National Mortgage Association, Series 2007-30      
(Floating, ICE LIBOR USD 1M + 0.30%, 0.30% Floor, 6.50% Cap), 0.39%, 05/20/37† 67,544   67,728
Government National Mortgage Association, Series 2007-51      
(Floating, 6.58% - ICE LIBOR USD 1M, 6.58% Cap), 6.49%, 08/20/37†  IO 618,439   88,725
Government National Mortgage Association, Series 2010-85      
(Floating, 6.65% - ICE LIBOR USD 1M, 6.65% Cap), 6.56%, 01/20/40†  IO 9,590   431
Government National Mortgage Association, Series 2010-H28      
(Floating, ICE LIBOR USD 1M + 0.40%, 0.40% Floor, 10.50% Cap), 0.49%, 12/20/60† 146,958   147,278
77

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Government National Mortgage Association, Series 2011-H08      
(Floating, ICE LIBOR USD 1M + 0.48%, 0.48% Floor, 10.50% Cap), 0.57%, 03/20/61† $165,680   $166,356
Government National Mortgage Association, Series 2011-H09      
(Floating, ICE LIBOR USD 1M + 0.50%, 0.50% Floor, 10.50% Cap), 0.59%, 03/20/61† 123,243   123,727
Government National Mortgage Association, Series 2012-144      
0.36%, 01/16/53†  IO γ 3,120,400   40,026
Government National Mortgage Association, Series 2012-34      
(Floating, 6.05% - ICE LIBOR USD 1M, 6.05% Cap), 5.96%, 03/20/42†  IO 22,924   5,052
Government National Mortgage Association, Series 2012-66      
3.50%, 02/20/38 IO 13,657   75
Government National Mortgage Association, Series 2012-H27      
1.74%, 10/20/62†  IO γ 401,169   18,555
Government National Mortgage Association, Series 2012-H30      
(Floating, ICE LIBOR USD 1M + 0.35%, 0.35% Floor, 10.50% Cap), 0.44%, 12/20/62† 653,634   654,195
Government National Mortgage Association, Series 2013-107      
2.77%, 11/16/47† γ 165,137   171,873
Government National Mortgage Association, Series 2013-53      
3.50%, 04/20/43 IO 56,426   5,399
Government National Mortgage Association, Series 2014-117      
(Floating, 5.60% - ICE LIBOR USD 1M, 5.60% Cap), 5.51%, 08/20/44†  IO 77,312   12,491
Government National Mortgage Association, Series 2014-118      
(Floating, 6.20% - ICE LIBOR USD 1M, 6.20% Cap), 6.11%, 08/20/44†  IO 123,963   27,573
Government National Mortgage Association, Series 2014-17      
3.32%, 06/16/48† γ 7,157   7,644
Government National Mortgage Association, Series 2014-93      
0.51%, 11/16/55†  IO γ 1,314,600   36,620
Government National Mortgage Association, Series 2015-167      
4.00%, 04/16/45 IO 62,483   9,753
Government National Mortgage Association, Series 2015-H11      
(Floating, ICE LIBOR USD 1M + 0.55%, 0.55% Floor, 7.50% Cap), 0.64%, 05/20/65† 1,759,902   1,770,054
    Par   Value
Government National Mortgage Association, Series 2015-H14      
(Floating, ICE LIBOR USD 1M + 0.43%, 0.43% Floor, 11.00% Cap), 0.52%, 05/20/65† $1,752,586   $1,756,909
(Floating, ICE LIBOR USD 1M + 0.57%, 0.57% Floor, 7.50% Cap), 0.66%, 06/20/65† 2,985,640   3,004,081
Government National Mortgage Association, Series 2015-H15      
(Floating, ICE LIBOR USD 1M + 0.58%, 0.58% Floor, 7.50% Cap), 0.67%, 06/20/65† 1,174,813   1,183,264
(Floating, ICE LIBOR USD 1M + 0.60%, 0.60% Floor, 7.50% Cap), 0.69%, 06/20/65† 2,922,212   2,943,326
Government National Mortgage Association, Series 2015-H16      
(Floating, ICE LIBOR USD 1M + 0.60%, 0.60% Floor), 0.69%, 07/20/65† 2,756,929   2,778,168
Government National Mortgage Association, Series 2015-H17      
(Floating, ICE LIBOR USD 1M + 0.46%, 0.46% Floor), 0.56%, 06/20/65† 419,400   420,739
Government National Mortgage Association, Series 2015-H18      
(Floating, ICE LIBOR USD 1M + 0.60%, 0.60% Floor, 7.50% Cap), 0.69%, 07/20/65† 426,985   430,040
Government National Mortgage Association, Series 2015-H19      
(Floating, ICE LIBOR USD 1M + 0.60%, 0.60% Floor), 0.69%, 08/20/65† 453,835   457,119
Government National Mortgage Association, Series 2015-H22      
(Floating, ICE LIBOR USD 1M + 0.60%, 0.60% Floor, 7.50% Cap), 0.69%, 09/20/65† 477,382   481,071
Government National Mortgage Association, Series 2015-H23      
(Floating, ICE LIBOR USD 1M + 0.62%, 0.62% Floor, 7.50% Cap), 0.71%, 09/20/65† 516,090   520,417
Government National Mortgage Association, Series 2015-H26      
(Floating, ICE LIBOR USD 1M + 0.52%, 0.52% Floor, 11.00% Cap), 0.61%, 10/20/65† 1,090,656   1,098,588
Government National Mortgage Association, Series 2015-H30      
(Floating, ICE LIBOR USD 1M + 0.68%, 0.68% Floor), 0.77%, 08/20/61† 3,856   3,902
Government National Mortgage Association, Series 2016-152      
0.76%, 08/15/58†  IO γ 3,380,906   172,047
 
78

    Par   Value
Government National Mortgage Association, Series 2017-190      
0.54%, 03/16/60†  IO γ $3,944,163   $177,053
Government National Mortgage Association, Series 2017-H15      
(Floating, ICE LIBOR USD 1Y + 0.80%, 0.80% Floor, 7.50% Cap), 1.05%, 07/20/67† 1,422,096   1,443,282
2.20%, 07/20/67†  IO γ 447,866   46,885
Government National Mortgage Association, Series 2017-H18      
1.51%, 09/20/67†  IO γ 3,370,276   204,414
Government National Mortgage Association, Series 2017-H20      
2.03%, 10/20/67†  IO γ 151,252   12,911
Government National Mortgage Association, Series 2017-H22      
2.32%, 11/20/67†  IO γ 1,199,529   101,431
Government National Mortgage Association, Series 2018-H07      
(Floating, ICE LIBOR USD 1M + 0.30%, 0.30% Floor, 11.00% Cap), 0.39%, 05/20/68† 730,076   730,061
Government National Mortgage Association, Series 2019-123      
3.00%, 10/20/49 9,509   9,546
Government National Mortgage Association, Series 2019-28      
3.15%, 06/16/60 65,392   66,857
Government National Mortgage Association, Series 2020-123      
2.50%, 08/20/50 IO 662,117   88,920
Government National Mortgage Association, Series 2020-127      
2.50%, 08/20/50 IO 187,946   25,374
Government National Mortgage Association, Series 2020-129      
2.50%, 09/20/50 IO 190,766   26,673
Government National Mortgage Association, Series 2020-160      
2.50%, 10/20/50 IO 857,970   118,879
Government National Mortgage Association, Series 2020-179      
1.00%, 09/16/62†  IO γ 7,639,160   646,175
Government National Mortgage Association, Series 2020-181      
2.00%, 12/20/50 IO 1,512,413   163,072
Government National Mortgage Association, Series 2020-47      
3.50%, 04/20/50 IO 448,731   61,229
Government National Mortgage Association, Series 2020-H09      
(Floating, ICE LIBOR USD 1M + 1.25%, 1.25% Floor, 11.00% Cap), 1.34%, 04/20/70† 156,420   161,368
(Floating, ICE LIBOR USD 1M + 1.15%, 1.15% Floor), 1.24%, 05/20/70† 442,971   465,141
Government National Mortgage Association, Series 2020-H13      
(Floating, ICE LIBOR USD 1M + 0.45%, 0.45% Floor, 7.50% Cap), 0.54%, 07/20/70† 177,399   178,698
    Par   Value
Government National Mortgage Association, Series 2021-29      
2.50%, 02/20/51 IO $491,510   $94,632
GPMT, Ltd., Series 2021-FL3, Class A      
(Floating, ICE LIBOR USD 1M + 1.25%, 1.25% Floor), 1.34%, 07/16/35 144A † 1,830,615   1,836,287
GreenPoint Mortgage Funding Trust, Series 2006-OH1, Class A1      
(Floating, ICE LIBOR USD 1M + 0.18%, 0.18% Floor), 0.27%, 01/25/37† 348,101   340,354
GS Mortgage Securities Corporation II, Series 2018-SRP5, Class A      
(Floating, ICE LIBOR USD 1M + 1.55%, 1.30% Floor), 1.63%, 09/15/31 144A † 1,530,000   1,353,390
GS Mortgage Securities Corporation Trust, Series 2021-RENT, Class B      
(Floating, ICE LIBOR USD 1M + 1.10%, 1.10% Floor), 1.18%, 11/21/35 144A † 670,000   670,312
GS Mortgage Securities Trust, Series 2013-GC16, Class B      
5.16%, 11/10/46 130,000   137,540
GS Mortgage Securities Trust, Series 2015-GC30, Class AS      
3.78%, 05/10/50 370,000   396,410
GSR Mortgage Loan Trust, Series 2005-AR6, Class 2A1      
2.86%, 09/25/35† γ 227,118   234,145
Harben Finance PLC, Series 2017-1X, Class A      
(Floating, ICE LIBOR GBP 3M + 0.80%), 0.87%, 08/20/56(U) † 423,607   571,927
Hawksmoor Mortgages, Series 2019-1A, Class A      
(Floating, SONIA Interest Rate + 1.05%), 1.10%, 05/25/53(U)  144A † 5,495,952   7,440,876
Impac CMB Trust, Series 2004-8, Class 1A      
(Floating, ICE LIBOR USD 1M + 0.72%, 0.72% Floor, 11.00% Cap), 0.81%, 10/25/34† 13,719   13,521
IndyMac ARM Trust, Series 2001-H2, Class A1      
1.66%, 01/25/32† γ 4,769   4,683
JP Morgan Chase Commercial Mortgage Securities Trust, Series 2012-C6, Class D      
5.31%, 05/15/45† γ 280,000   270,730
JP Morgan Mortgage Trust, Series 2005-A1, Class 6T1      
2.29%, 02/25/35† γ 13,686   13,975
JP Morgan Mortgage Trust, Series 2018-3, Class A1      
3.50%, 09/25/48 144A † γ 590,507   593,657
JP Morgan Mortgage Trust, Series 2018-4, Class A1      
3.50%, 10/25/48 144A † γ 199,691   202,448
79

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
JP Morgan Mortgage Trust, Series 2021-6, Class A3      
2.50%, 10/25/51 144A † γ $833,431   $844,308
JPMBB Commercial Mortgage Securities Trust, Series 2013-C17, Class B      
5.05%, 01/15/47† γ 50,000   53,479
JPMBB Commercial Mortgage Securities Trust, Series 2014-C25, Class ASB      
3.41%, 11/15/47 528,201   550,882
JPMBB Commercial Mortgage Securities Trust, Series 2015-C32, Class ASB      
3.36%, 11/15/48 588,661   617,967
JPMDB Commercial Mortgage Securities Trust, Series 2017-C5, Class B      
4.01%, 03/15/50 630,000   667,598
JPMDB Commercial Mortgage Securities Trust, Series 2017-C7, Class D      
3.00%, 10/15/50 144A 300,000   281,762
KREST Commercial Mortgage Securities Trust, Series 2021-CHIP, Class A      
2.56%, 11/05/44 144A 2,300,000   2,345,193
London Wall Mortgage Capital PLC, Series 2017-FL1, Class A      
(Floating, ICE LIBOR GBP 3M + 0.85%), 0.92%, 11/15/49(U) † 257,417   347,949
Ludgate Funding PLC, Series 2007-1, Class A2A      
(Floating, ICE LIBOR GBP 3M + 0.16%), 0.24%, 01/01/61(U) † 612,633   797,745
Ludgate Funding PLC, Series 2008-W1X, Class A1      
(Floating, ICE LIBOR GBP 3M + 0.60%), 0.68%, 01/01/61(U) † 481,484   641,846
Manhattan West Mortgage Trust, Series 2020-1MW, Class A      
2.13%, 09/10/39 144A 1,700,000   1,735,196
Mansard Mortgages PLC, Series 2007-1X, Class A2      
(Floating, ICE LIBOR GBP 3M + 0.18%), 0.26%, 04/15/47(U) † 582,736   761,699
MASTR Adjustable Rate Mortgages Trust, Series 2004-13, Class 3A7      
2.73%, 11/21/34† γ 113,504   115,542
MASTR Adjustable Rate Mortgages Trust, Series 2004-4, Class 4A1      
2.65%, 05/25/34† γ 60,523   62,655
MF1 Multifamily Housing Mortgage Loan Trust, Series 2021-FL5, Class A      
(Floating, U.S. 30-Day Average SOFR + 0.96%, 0.85% Floor), 1.01%, 07/15/36 144A † 2,100,000   2,105,313
    Par   Value
Mill City Mortgage Loan Trust, Series 2019-GS2, Class M1      
3.00%, 08/25/59 144A $870,000   $911,313
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2013-C9, Class AS      
3.46%, 05/15/46 140,000   144,680
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2014-C19, Class B      
4.00%, 12/15/47 370,000   397,314
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C22, Class AS      
3.56%, 04/15/48 480,000   505,146
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C24, Class A4      
3.73%, 05/15/48 850,000   926,636
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C25, Class A4      
3.37%, 10/15/48 1,400,000   1,500,193
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2015-C27, Class ASB      
3.56%, 12/15/47 663,623   696,194
Morgan Stanley Bank of America Merrill Lynch Trust, Series 2017-C34, Class D      
2.70%, 11/15/52 144A 500,000   446,462
Morgan Stanley Capital I Trust, Series 2019-BPR, Class A      
(Floating, ICE LIBOR USD 1M + 1.40%, 1.40% Floor), 1.48%, 05/15/36 144A † 1,050,000   1,041,431
Morgan Stanley Capital I Trust, Series 2020-CNP, Class A      
2.51%, 04/05/42 144A † γ 1,600,000   1,639,328
Morgan Stanley Capital I, Series 2017-HR2, Class A4      
3.59%, 12/15/50 550,000   607,789
MortgageIT Trust, Series 2005-4, Class A1      
(Floating, ICE LIBOR USD 1M + 0.56%, 0.56% Floor, 11.50% Cap), 0.65%, 10/25/35† 112,247   112,946
MSCG Trust, Series 2015-ALDR, Class A2      
3.58%, 06/07/35 144A † γ 580,000   598,104
OBX Trust, Series 2018-1, Class A2      
(Floating, ICE LIBOR USD 1M + 0.65%), 0.74%, 06/25/57 144A † 1,312,942   1,314,843
PFP, Ltd., Series 2021-8, Class A      
(Floating, ICE LIBOR USD 1M + 1.00%, 1.00% Floor), 1.10%, 08/09/37 144A † 2,300,000   2,318,924
 
80

    Par   Value
Ready Capital Mortgage Financing LLC, Series 2021-FL6, Class A      
(Floating, ICE LIBOR USD 1M + 0.95%, 0.95% Floor), 1.04%, 07/25/36 144A † $2,300,000   $2,295,783
ResLoc UK PLC, Series 2007-1X, Class A3A      
(Floating, 0.16% - Euribor 3M), 0.00%, 12/15/43(E) † 821,951   927,644
(Floating, ICE LIBOR GBP 3M + 0.16%), 0.23%, 12/15/43(U) † 205,488   267,683
Ripon Mortgages PLC, Series 1A, Class A1      
(Floating, ICE LIBOR GBP 3M + 0.80%), 0.87%, 08/20/56(U)  144A † 1,692,355   2,286,028
Ripon Mortgages PLC, Series 1X, Class A1      
(Floating, ICE LIBOR GBP 3M + 0.80%), 0.87%, 08/20/56(U) † 122,550   165,540
Ripon Mortgages PLC, Series 1X, Class A2      
(Floating, ICE LIBOR GBP 3M + 0.80%), 0.87%, 08/20/56(U) † 2,205,897   2,985,419
Sequoia Mortgage Trust, Series 6, Class A      
(Floating, ICE LIBOR USD 1M + 0.64%, 0.64% Floor, 11.00% Cap), 0.73%, 04/19/27† 122,023   121,856
SFO Commercial Mortgage Trust, Series 2021-555, Class D      
(Floating, ICE LIBOR USD 1M + 2.40%, 2.40% Floor), 2.48%, 05/15/38 144A † 970,000   978,585
Shops at Crystals Trust, Series 2016-CSTL, Class A      
3.13%, 07/05/36 144A 340,000   355,343
SLG Office Trust, Series 2021-OVA, Class A      
2.59%, 07/15/41 144A 430,000   445,513
Stratton Mortgage Funding PLC, Series 2019-1, Class A      
(Floating, SONIA Deposit Rates Swap 3M + 1.20%), 1.25%, 05/25/51(U) † 1,325,186   1,794,443
Structured Adjustable Rate Mortgage Loan Trust, Series 2005-19XS, Class 2A1      
(Floating, ICE LIBOR USD 1M + 0.30%, 0.30% Floor), 0.39%, 10/25/35† 158,639   159,881
Structured Asset Mortgage Investments II Trust, Series 2005-AR5, Class A1      
(Floating, ICE LIBOR USD 1M + 0.50%, 0.50% Floor, 11.00% Cap), 0.59%, 07/19/35† 38,164   37,422
STWD Mortgage Trust, Series 2021-HTS, Class A      
(Floating, ICE LIBOR USD 1M + 1.05%, 1.05% Floor), 1.13%, 04/15/34 144A † 1,959,000   1,965,236
    Par   Value
Thornburg Mortgage Securities Trust, Series 2003-4, Class A1      
(Floating, ICE LIBOR USD 1M + 0.64%, 0.64% Floor, 11.50% Cap), 0.73%, 09/25/43† $3,731   $3,829
Thornburg Mortgage Securities Trust, Series 2005-1, Class A3      
2.08%, 04/25/45† γ 22,558   23,179
Towd Point Mortgage Funding PLC, Series 2019-GR4A, Class A1      
(Floating, ICE LIBOR GBP 3M + 1.03%), 1.10%, 10/20/51(U)  144A † 1,208,086   1,642,049
Towd Point Mortgage Funding PLC, Series 2020-A14X, Class A      
(Floating, SONIA Deposit Rates Swap 3M + 0.90%), 0.95%, 05/20/45(U) † 3,465,524   4,690,726
UBS-Barclays Commercial Mortgage Trust, Series 2012-C4, Class D      
4.61%, 12/10/45 144A † γ 320,000   282,029
Uniform Mortgage Backed Securities      
1.50%, 10/01/36 TBA 2,600,000   2,625,898
2.00%, 10/01/50 TBA 25,000,000   25,069,336
3.00%, 10/01/50 TBA 5,100,000   5,336,871
2.50%, 10/01/51 TBA 2,300,000   2,371,605
4.50%, 10/01/51 TBA 5,000,000   5,408,206
2.00%, 11/01/51 TBA 70,000,000   70,068,360
2.50%, 11/01/51 TBA 12,500,000   12,864,746
3.00%, 11/01/51 TBA 5,600,000   5,852,790
VASA Trust, Series 2021-VASA, Class A      
(Floating, ICE LIBOR USD 1M + 0.90%, 0.90% Floor), 0.98%, 07/15/39 144A † 390,000   390,678
VLS Commercial Mortgage Trust, Series 2020-LAB, Class A      
2.13%, 10/10/42 144A 1,610,000   1,605,427
VLS Commercial Mortgage Trust, Series 2020-LAB, Class B      
2.45%, 10/10/42 144A 1,610,000   1,618,443
VNDO Mortgage Trust, Series 2012-6AVE, Class A      
3.00%, 11/15/30 144A 100,000   102,157
Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2002-AR19, Class A7      
2.60%, 02/25/33† γ 2,301   2,434
Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2002-AR6, Class A      
(Floating, Federal Reserve U.S. 12 1Y CMT + 1.40%, 1.40% Floor), 1.49%, 06/25/42† 3,951   3,957
Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2005-AR1, Class A1B      
(Floating, ICE LIBOR USD 1M + 0.78%, 0.78% Floor, 10.50% Cap), 0.87%, 01/25/45† 652,672   646,545
81

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2005-AR13, Class A1A1      
(Floating, ICE LIBOR USD 1M + 0.58%, 0.58% Floor, 10.50% Cap), 0.67%, 10/25/45† $437,756   $440,154
Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2007-HY1, Class 1A1      
2.90%, 02/25/37† γ 143,247   136,300
Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2007-HY1, Class 2A3      
3.03%, 02/25/37† γ 91,461   93,294
Washington Mutual Mortgage Pass-Through Certificates Trust, Series 2007-OA3, Class 2A1A      
(Floating, Federal Reserve U.S. 12 1Y CMT + 0.76%, 0.76% Floor), 0.85%, 04/25/47† 341,021   330,222
Washington Mutual Mortgage Pass-Through Certificates, Series 2005-AR8, Class 1A1A      
(Floating, ICE LIBOR USD 1M + 0.54%, 0.54% Floor, 10.50% Cap), 0.63%, 07/25/45† 361,960   359,603
Washington Mutual Mortgage Pass-Through Certificates, Series 2005-AR8, Class 2A1A      
(Floating, ICE LIBOR USD 1M + 0.58%, 0.58% Floor, 10.50% Cap), 0.67%, 07/25/45† 77,342   76,887
Waterfall Commercial Mortgage Trust, Series 2015-SBC5, Class A      
4.10%, 09/14/22 144A 64,902   66,009
Wells Fargo Alternative Loan Trust, Series 2007-PA6, Class A1      
2.71%, 12/28/37† γ 224,970   222,877
Wells Fargo Commercial Mortgage Trust, Series 2013-LC12, Class B      
4.44%, 07/15/46† γ 20,000   20,055
Wells Fargo Commercial Mortgage Trust, Series 2016-LC25, Class D      
3.26%, 12/15/59 144A † γ 532,000   490,399
Wells Fargo Commercial Mortgage Trust, Series 2017-C42, Class D      
2.80%, 12/15/50 144A 650,000   587,655
Wells Fargo Commercial Mortgage Trust, Series 2017-RC1, Class D      
3.25%, 01/15/60 144A 150,000   141,039
Wells Fargo Commercial Mortgage Trust, Series 2019-C51, Class ASB      
3.16%, 06/15/52 300,000   323,521
Wells Fargo Commercial Mortgage Trust, Series 2021-C59, Class A5      
2.63%, 04/15/54 950,000   988,872
    Par   Value
Wells Fargo Mortgage Backed Securities Trust, Series 2019-3, Class A1      
3.50%, 07/25/49 144A † γ $69,575   $70,253
WFRBS Commercial Mortgage Trust, Series 2012-C7, Class XA      
1.45%, 06/15/45 144A †  IO γ 246,879   675
WFRBS Commercial Mortgage Trust, Series 2013-C13, Class XA      
1.32%, 05/15/45 144A †  IO γ 2,160,214   30,393
WFRBS Commercial Mortgage Trust, Series 2014-C19, Class XA      
1.17%, 03/15/47†  IO γ 841,250   15,554
WFRBS Commercial Mortgage Trust, Series 2014-C21, Class XA      
1.17%, 08/15/47†  IO γ 2,681,312   62,742
WFRBS Commercial Mortgage Trust, Series 2014-C24, Class AS      
3.93%, 11/15/47 290,000   307,384
WFRBS Commercial Mortgage Trust, Series 2014-C24, Class C      
4.29%, 11/15/47 300,000   281,300
Worldwide Plaza Trust, Series 2017-WWP, Class A      
3.53%, 11/10/36 144A 1,900,000   2,060,179
Total Mortgage-Backed Securities
(Cost $600,805,258)
    611,383,171
MUNICIPAL BONDS — 0.5%
American Municipal Power, Inc., Hydroelectric Projects, Revenue Bond, Series B      
8.08%, 02/15/50 600,000   1,115,624
American Municipal Power, Inc., Revenue Bond, Series E      
6.27%, 02/15/50 245,000   346,886
Bay Area Toll Authority, Revenue Bond, Series F-1      
1.63%, 04/01/28 300,000   300,961
California Statewide Communities Development Authority, Revenue Bond      
1.81%, 02/01/30 25,000   24,951
1.88%, 02/01/31 150,000   149,087
Chicago Transit Authority Sales & Transfer Tax Receipts Revenue, Revenue Bond, Series A      
6.90%, 12/01/40 700,000   990,644
Chicago Transit Authority Sales & Transfer Tax Receipts Revenue, Revenue Bond, Series B      
6.90%, 12/01/40 300,000   424,941
City of Houston Texas Airport System Revenue, Revenue Bond, Subseries C      
2.24%, 07/01/29 110,000   112,570
 
82

    Par   Value
City of New Orleans Louisiana Sewerage Service Revenue, Revenue Bond (AGM Insured)      
0.96%, 06/01/26 $25,000   $24,446
1.41%, 06/01/28 65,000   63,117
City of New Orleans Louisiana Water System Revenue, Revenue Bond (AGM Insured)      
1.01%, 12/01/26 30,000   29,191
1.46%, 12/01/28 65,000   62,988
City of Tucson Arizona COPS, Series A (AGM Insured)      
1.93%, 07/01/31 205,000   201,285
Commonwealth Financing Authority, Revenue Bond, Series C      
2.76%, 06/01/30 50,000   52,338
Louisiana State Transportation Authority, Revenue Bond, Series A      
2.00%, 02/15/30 50,000   49,134
Metropolitan Transportation Authority, Revenue Bond, Series A-2      
5.99%, 11/15/30 115,000   145,401
Metropolitan Transportation Authority, Revenue Bond, Series C-2      
5.18%, 11/15/49 825,000   1,131,552
Municipal Improvement Corporation of Los Angeles, Revenue Bond, Series A      
1.65%, 11/01/28 225,000   223,854
2.07%, 11/01/30 670,000   675,444
Municipal Improvement Corporation of Los Angeles, Revenue Bond, Series C      
1.83%, 11/01/29 70,000   69,822
Port Authority of New York & New Jersey, Revenue Bond, Series 192      
4.81%, 10/15/65 300,000   420,986
Port of Oakland, Senior Lien Revenue Bond, Series R      
1.95%, 05/01/28 90,000   91,544
2.10%, 05/01/30 25,000   25,278
2.20%, 05/01/31 135,000   136,850
San Francisco Municipal Transportation Agency, Revenue Bond, Series A      
1.30%, 03/01/28 155,000   152,768
San Jose Financing Authority, Revenue Bond      
1.81%, 06/01/29 100,000   99,858
1.86%, 06/01/30 55,000   54,604
State Board of Administration Finance Corporation, Revenue Bond, Series A      
2.15%, 07/01/30 235,000   237,747
State of California, General Obligation      
7.55%, 04/01/39 410,000   691,673
    Par   Value
State of Illinois, General Obligation      
5.10%, 06/01/33 $405,000   $472,361
6.63%, 02/01/35 495,000   614,081
7.35%, 07/01/35 465,000   590,638
State of Louisiana, Revenue Bond, I-49 North Project      
1.06%, 09/01/26 15,000   14,861
State of Louisiana, Revenue Bond, I-49 South Project      
1.54%, 09/01/28 70,000   68,991
University of California, Revenue Bond, Series BG      
1.61%, 05/15/30 1,600,000   1,551,339
University of North Carolina at Charlotte (The), Revenue Bond      
1.71%, 04/01/28 5,000   5,037
Total Municipal Bonds
(Cost $10,196,346)
    11,422,852
    
  Number of
Contracts
  Notional
Amount
 
PURCHASED OPTIONS — 0.0%
Call Options — 0.0%
10-Year U.S. Treasury Note Future expiration date 10/2021, Strike Price
$131.50, Expires
10/22/21 (GSC)
34   $4,474,719 21,250
10-Year U.S. Treasury Note Future expiration date 10/2021, Strike Price
$131.70, Expires
10/22/21 (GSC)
43   5,659,203 21,500
10-Year U.S. Treasury Note Future expiration date 10/2021, Strike Price
$132.00, Expires
10/01/21 (GSC)
34   4,474,719 1,062
30-Year U.S. Treasury Note Future expiration date 10/2021, Strike Price
$162.00, Expires
10/08/21 (GSC)
17   3,248,063 2,922
Australian Dollar vs. U.S. Dollar, Strike Price
$0.73, Expires
11/23/21 (GSC)
1   2,544,705 20,533
83

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
  Number of
Contracts
  Notional
Amount
  Value
Long U.S. Treasury Bond Future expiration date 10/2021, Strike Price
$161.00, Expires
10/22/21 (GSC)
59   $9,393,909   $41,485
Long U.S. Treasury Bond Future expiration date 10/2021, Strike Price
$164.00, Expires
10/22/21 (GSC)
60   9,553,128   9,375
New Zealand Dollar vs. U.S. Dollar, Strike Price
$0.71, Expires
11/23/21 (GSC)
1   3,954,961   11,749
          129,876
Put Option — 0.0%
Canadian Dollar vs. U.S. Dollar, Strike Price $1.27, Expires 11/23/21 (CITI) 1   3,650,000   40,989
Total Purchased Options
(Premiums paid $336,076)
      170,865
    
    Par  
U.S. TREASURY OBLIGATIONS — 21.1%
U.S. Treasury Bill      
0.04%, 03/24/22Ω ‡‡ Δ $9,700,000 9,698,007
U.S. Treasury Bonds      
4.38%, 02/15/38 10,000 13,691
4.25%, 05/15/39 4,300,000 5,862,781
4.38%, 11/15/39 200,000 277,219
1.13%, 08/15/40 6,750,000 5,810,801
1.38%, 11/15/40 45,370,000 40,769,198
1.88%, 02/15/41 14,190,000 13,885,137
2.25%, 05/15/41 4,150,000 4,316,648
1.75%, 08/15/41 1,970,000 1,883,813
2.75%, 08/15/42 600,000 675,445
2.75%, 11/15/42‡‡ 700,000 787,418
2.88%, 05/15/43Δ 3,200,000 3,673,375
3.63%, 02/15/44 6,460,000 8,317,502
3.38%, 05/15/44‡‡ 3,200,000 3,978,375
3.13%, 08/15/44 4,800,000 5,745,938
3.00%, 11/15/44 3,100,000 3,640,684
2.50%, 02/15/45‡‡ 950,000 1,026,223
2.88%, 08/15/45 4,340,000 5,005,580
2.75%, 08/15/47 7,940,000 9,014,691
3.00%, 02/15/48 6,170,000 7,338,444
3.13%, 05/15/48 5,380,000 6,547,628
3.00%, 02/15/49 80,000 95,656
2.88%, 05/15/49Δ 6,850,000 8,015,570
    Par   Value
2.25%, 08/15/49 $4,440,000   $4,603,725
2.38%, 11/15/49 4,080,000   4,343,766
2.00%, 02/15/50 24,070,000   23,654,417
1.25%, 05/15/50 22,340,000   18,283,021
1.38%, 08/15/50 37,060,000   31,283,851
1.63%, 11/15/50 16,570,000   14,891,640
1.88%, 02/15/51 11,800,000   11,256,094
2.38%, 05/15/51 4,930,000   5,262,775
2.00%, 08/15/51 1,670,000   1,640,775
        251,901,881
U.S. Treasury Inflationary Indexed Bonds        
1.38%, 02/15/44‡‡ 1,323,671   1,820,171
U.S. Treasury Notes        
2.00%, 12/31/21‡‡ 1,500,000   1,507,257
1.88%, 03/31/22‡‡ 1,900,000   1,917,118
1.88%, 09/30/22‡‡ 3,000,000   3,053,589
2.00%, 10/31/22‡‡ 2,700,000   2,755,635
0.13%, 03/31/23‡‡ 8,420,000   8,413,422
0.25%, 09/30/23 160,000   159,884
0.25%, 11/15/23Δ 60,000   59,927
0.25%, 05/31/25 6,170,000   6,067,327
2.88%, 07/31/25 2,330,000   2,517,492
0.25%, 08/31/25 170,000   166,567
0.25%, 09/30/25 2,800,000   2,740,609
0.25%, 10/31/25Δ 500,000   488,652
2.25%, 11/15/25 1,480,000   1,565,852
0.38%, 11/30/25 2,720,000   2,668,681
0.38%, 01/31/26 600,000   587,250
2.63%, 01/31/26 3,120,000   3,354,000
0.50%, 02/28/26Δ 80,000   78,666
0.75%, 03/31/26Δ 15,950,000   15,840,344
2.25%, 03/31/26 1,500,000   1,589,649
2.13%, 05/31/26 6,320,000   6,666,119
0.88%, 09/30/26 20,580,000   20,470,669
2.25%, 02/15/27 3,518,000   3,737,875
0.63%, 12/31/27‡‡ 4,415,700   4,261,151
0.75%, 01/31/28Δ 33,530,000   32,567,322
2.75%, 02/15/28‡‡ 1,400,000   1,532,070
1.25%, 03/31/28‡‡ 25,060,000   25,066,852
1.25%, 04/30/28 34,790,000   34,773,692
2.88%, 05/15/28 800,000   882,594
1.25%, 05/31/28 6,590,000   6,581,248
1.25%, 06/30/28 15,080,000   15,049,958
1.00%, 07/31/28 5,500,000   5,394,297
1.13%, 08/31/28 12,330,000   12,186,471
1.25%, 09/30/28 6,350,000   6,323,707
3.13%, 11/15/28 8,180,000   9,192,595
2.63%, 02/15/29 1,000,000   1,090,566
1.63%, 05/15/31Δ 6,330,000   6,405,169
1.25%, 08/15/31Δ 7,750,000   7,562,910
        255,277,186
 
84

    Par   Value
U.S. Treasury Strips        
2.22%, 02/15/40Ω ‡‡ $2,790,000   $1,900,361
2.18%, 08/15/41Ω 1,080,000   703,241
        2,603,602
Total U.S. Treasury Obligations
(Cost $532,883,328)
    521,300,847
    
    Shares  
MONEY MARKET FUNDS — 9.9%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø ∞
221,909,700 221,909,700
Northern Institutional Liquid Assets Portfolio (Shares), 0.03%Ø § 16,998,852 16,998,852
Northern Institutional U.S. Government Portfolio (Shares), 0.00%Ø 5,929,907 5,929,907
Total Money Market Funds
(Cost $244,838,459)
  244,838,459
    
    Par  
REPURCHASE AGREEMENTS — 10.3%
Citigroup Global Markets, Inc.    
2.63% (dated 09/30/21, due 10/01/21, repurchase price $125,827,956, collateralized by U.S. Treasury Note, 2.63%, due 06/30/2023, total market value $129,204,872) $125,800,000 125,800,000
     
3.88% (dated 10/01/21, due 10/04/21, repurchase price $127,728,378, collateralized by U.S. Treasury Bond, 3.88%, due 08/15/2040, total market value $130,915,484) 127,700,000 127,700,000
Deutsche Bank Securities, Inc.    
0.13% (dated 09/30/21, due 10/01/21, repurchase price $1,000,222, collateralized by U.S. Treasury Inflationary Index Bond, 0.13%, due 04/15/2022, total market value $1,021,484) 1,000,000 1,000,000
Total Repurchase Agreements
(Cost $254,500,000)
  254,500,000
TOTAL INVESTMENTS  —111.8%
(Cost $2,723,087,402)
  2,756,248,863
    
  Number of
Contracts
  Notional
Amount
 
WRITTEN OPTIONS — (0.0)%
Call Options — (0.0)%
10-Year U.S. Treasury Note Future expiration date 10/2021, Strike Price
$132.50, Expires
10/22/21 (GSC)
(52)   $(6,843,688) (11,375)
  Number of
Contracts
  Notional
Amount
  Value
10-Year U.S. Treasury Note Future expiration date 10/2021, Strike Price
$133.00, Expires
10/22/21 (GSC)
(68)   $(8,949,438)   $(7,438)
10-Year U.S. Treasury Note Future expiration date 10/2021, Strike Price
$133.50, Expires
10/01/21 (GSC)
(34)   (4,474,719)   (34)
10-Year U.S. Treasury Note Future expiration date 10/2021, Strike Price
$134.00, Expires
10/01/21 (GSC)
(34)   (4,474,719)   (34)
10-Year U.S. Treasury Note Future expiration date 10/2021, Strike Price
$134.00, Expires
10/22/21 (GSC)
(34)   (4,474,719)   (1,062)
10-Year U.S. Treasury Note Future expiration date 11/2021, Strike Price
$136.50, Expires
11/26/21 (GSC)
(68)   (8,949,438)   (2,125)
Long U.S. Treasury Bond Future expiration date 10/2021, Strike Price
$165.00, Expires
10/22/21 (GSC)
(13)   (2,069,844)   (1,422)
Long U.S. Treasury Bond Future expiration date 10/2021, Strike Price
$166.00, Expires
10/22/21 (GSC)
(51)   (8,120,159)   (3,985)
Long U.S. Treasury Bond Future expiration date 10/2021, Strike Price
$167.00, Expires
10/22/21 (GSC)
(17)   (2,706,720)   (797)
Long U.S. Treasury Bond Future expiration date 11/2021, Strike Price
$164.00, Expires
11/26/21 (GSC)
(17)   (2,706,720)   (9,562)
85

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
  Number of
Contracts
  Notional
Amount
  Value
Long U.S. Treasury Bond Future expiration date 11/2021, Strike Price
$165.00, Expires
11/26/21 (GSC)
(34)   $(5,413,439)   $(14,344)
New Zealand Dollar vs. U.S. Dollar, Strike Price
$0.73, Expires
11/23/21 (GSC)
(1)   (3,851,953)   (2,754)
          (54,932)
Put Options — (0.0)%
10-Year U.S. Treasury Note Future expiration date 10/2021, Strike Price
$131.00, Expires
10/22/21 (GSC)
(39)   (5,132,766)   (12,797)
10-Year U.S. Treasury Note Future expiration date 10/2021, Strike Price
$131.50, Expires
10/22/21 (GSC)
(39)   (5,132,766)   (20,110)
10-Year U.S. Treasury Note Future expiration date 10/2021, Strike Price
$132.50, Expires
10/01/21 (GSC)
(34)   (4,474,719)   (30,281)
10-Year U.S. Treasury Note Future expiration date 11/2021, Strike Price
$130.50, Expires
11/26/21 (GSC)
(68)   (8,949,438)   (32,938)
  Number of
Contracts
  Notional
Amount
  Value
10-Year U.S. Treasury Note Future expiration date 11/2021, Strike Price
$132.00, Expires
11/26/21 (GSC)
(15)   $(1,974,141)   $(16,172)
          (112,298)
Total Written Options
(Premiums received $ (217,813))
      (167,230)
    
    Par  
TBA SALE COMMITMENTS — (2.8)%
Uniform Mortgage Backed Securities
3.50%, 11/01/51 TBA
$(56,600,000) (59,934,042)
Uniform Mortgage Backed Securities
4.00%, 11/01/51 TBA
(1,000,000) (1,072,598)
Government National Mortgage Association
4.00%, 10/01/51 TBA
(2,000,000) (2,122,539)
Uniform Mortgage Backed Securities
2.50%, 10/01/51 TBA
(2,000,000) (2,062,265)
Uniform Mortgage Backed Securities
4.00%, 10/01/51 TBA
(2,000,000) (2,142,930)
Government National Mortgage Association
3.00%, 10/01/51 TBA
(1,000,000) (1,043,516)
Total TBA Sale Commitments
(Proceeds $(68,322,742))
  (68,377,890)
Liabilities in Excess of Other
Assets — (9.0)%
  (221,534,093)
NET ASSETS — 100.0%   $2,466,169,650
 
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
30-Year Euro Buxl   12/2021   (20)   $(4,710,778)   $139,721
Euro-OAT   12/2021   38   7,304,671   (131,107)
Euro-Bobl   12/2021   (5)   (781,481)   4,592
Euro-Bund   12/2021   (130)   (25,572,431)   579,569
90-Day Eurodollar   12/2021   (610)   (152,240,750)   (83,274)
10-Year Commonwealth Treasury Bond   12/2021   74   7,568,543   (170,727)
10-Year Japanese Treasury Bond   12/2021   (9)   (12,240,712)   35,513
10-Year U.S. Treasury Note   12/2021   605   79,623,672   (1,166,996)
U.S. Treasury Long Bond   12/2021   (292)   (46,491,875)   1,017,741
Ultra 10-Year U.S. Treasury Note   12/2021   (93)   (13,508,250)   216,343
Ultra Long U.S. Treasury Bond   12/2021   361   68,973,563   (2,041,641)
Long GILT   12/2021   (69)   (11,635,271)   366,407
2-Year U.S. Treasury Note   12/2021   989   217,634,086   (124,142)
5-Year U.S. Treasury Note   12/2021   1,679   206,084,133   (1,307,551)
86

Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
90-Day Eurodollar   06/2023   156   $38,693,850   $(10,201)
90-Day Eurodollar   09/2023   37   9,156,575   (8,550)
90-Day Eurodollar   12/2023   921   227,613,638   (179,075)
Total Futures Contracts outstanding at September 30, 2021           $595,471,183   $(2,863,378)
Forward Foreign Currency Contracts outstanding at September 30, 2021:
Expiration Date   Currency
Purchased
  Amount
of Currency
Purchased
  Currency
Sold
  Amount
of Currency
Sold
  Counter-
party
  Net Unrealized
Appreciation
(Depreciation)
10/04/21   U.S. Dollars   27,578,036   British Pounds   20,118,000   BAR   $470,908
10/19/21   Russian Rubles   572,480,971   U.S. Dollars   7,613,734   GSC   228,836
10/04/21   U.S. Dollars   11,461,116   Euro   9,703,000   BNP   220,779
10/19/21   U.S. Dollars   8,829,792   Euro   7,437,148   GSC   211,815
10/12/21   U.S. Dollars   1,908,393   Peruvian Nuevo Soles   7,052,466   HSBC   203,136
10/27/21   U.S. Dollars   5,087,734   British Pounds   3,650,573   SS   168,787
11/12/21   U.S. Dollars   1,229,754   Peruvian Nuevo Soles   4,609,488   GSC   116,211
10/19/21   Indonesian Rupiahs   56,877,253,622   U.S. Dollars   3,853,472   GSC   110,360
10/04/21   U.S. Dollars   4,448,504   Brazilian Reals   23,710,527   GSC   97,291
10/19/21   U.S. Dollars   2,887,640   Mexican Pesos   58,446,819   CITI   64,293
11/24/21   U.S. Dollars   2,336,336   Euro   1,974,169   DEUT   47,067
10/04/21   U.S. Dollars   2,319,923   Euro   1,962,000   GSC   47,065
10/19/21   U.S. Dollars   1,007,583   Euro   850,000   CITI   22,625
11/04/21   U.S. Dollars   402,584   Peruvian Nuevo Soles   1,573,218   HSBC   22,423
10/04/21   U.S. Dollars   1,894,608   Canadian Dollars   2,387,000   BNP   10,047
11/04/21   U.S. Dollars   638,158   Peruvian Nuevo Soles   2,604,516   BNP   8,788
10/04/21   U.S. Dollars   163,837   Peruvian Nuevo Soles   645,453   GSC   7,739
12/15/21   U.S. Dollars   753,473   Japanese Yen   82,951,989   MSCS   7,579
10/19/21   U.S. Dollars   260,823   British Pounds   188,429   GSC   6,928
11/02/21   Australian Dollars   1,674,000   U.S. Dollars   1,204,157   GSC   6,242
11/02/21   U.S. Dollars   13,526,451   Euro   11,665,000   BNP   5,654
12/15/21   U.S. Dollars   401,520   Swiss Francs   368,787   UBS   4,994
12/15/21   U.S. Dollars   234,452   Swedish Kronor   2,015,622   CITI   4,024
12/15/21   U.S. Dollars   295,498   Japanese Yen   32,538,963   UBS   2,911
11/17/21   U.S. Dollars   293,985   Japanese Yen   32,400,000   BAR   2,769
10/19/21   Chinese Offshore Yuan   2,958,374   U.S. Dollars   456,391   GSC   1,694
12/15/21   U.S. Dollars   458,511   Canadian Dollars   578,650   UBS   1,655
11/12/21   U.S. Dollars   408,206   Canadian Dollars   515,436   JPM   1,288
12/15/21   U.S. Dollars   13,819   Norwegian Kroner   120,031   DEUT   97
Subtotal Appreciation                   $2,104,005
01/18/22   U.S. Dollars   453,293   Chinese Offshore Yuan   2,958,374   GSC   $(1,462)
11/12/21   Australian Dollars   1,481,932   U.S. Dollars   1,074,423   BOA   (2,861)
11/24/21   Euro   147,151   U.S. Dollars   174,146   DEUT   (3,508)
10/19/21   U.S. Dollars   452,898   Chinese Offshore Yuan   2,958,374   GSC   (5,188)
12/15/21   Australian Dollars   451,000   U.S. Dollars   332,507   UBS   (6,330)
11/02/21   Australian Dollars   11,455,000   U.S. Dollars   8,294,623   UBS   (11,993)
12/15/21   Euro   513,550   U.S. Dollars   609,472   CITI   (13,596)
10/05/21   Australian Dollars   4,366,000   U.S. Dollars   3,170,103   JPM   (13,630)
10/19/21   Euro   1,050,000   U.S. Dollars   1,231,680   CITI   (14,966)
11/02/21   U.S. Dollars   25,146,989   British Pounds   18,674,000   BAR   (15,257)
10/19/21   Canadian Dollars   2,515,065   U.S. Dollars   2,002,399   CITI   (16,776)
10/04/21   British Pounds   709,000   U.S. Dollars   978,073   MSCS   (22,762)
87

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
Expiration Date   Currency
Purchased
  Amount
of Currency
Purchased
  Currency
Sold
  Amount
of Currency
Sold
  Counter-
party
  Net Unrealized
Appreciation
(Depreciation)
10/19/21   Canadian Dollars   1,480,000   U.S. Dollars   1,192,268   GSC   $(23,820)
10/05/21   Australian Dollars   7,089,000   U.S. Dollars   5,152,807   BNP   (27,696)
10/04/21   Brazilian Reals   23,710,527   U.S. Dollars   4,384,505   MSCS   (33,292)
01/31/22   U.S. Dollars   2,219,614   Israeli Shekels   7,282,000   HSBC   (42,447)
04/06/22   U.S. Dollars   2,131,981   Israeli Shekels   6,999,294   GSC   (44,622)
10/19/21   Australian Dollars   2,211,180   U.S. Dollars   1,655,314   CITI   (56,601)
10/19/21   Mexican Pesos   56,757,973   U.S. Dollars   2,800,132   CITI   (58,367)
10/19/21   Brazilian Reals   15,244,857   U.S. Dollars   2,871,728   CITI   (80,684)
11/03/21   Brazilian Reals   23,710,527   U.S. Dollars   4,427,736   GSC   (97,513)
10/19/21   Japanese Yen   917,179,528   U.S. Dollars   8,358,215   CITI   (116,159)
12/15/21   Chilean Pesos   1,891,114,500   U.S. Dollars   2,449,789   BAR   (133,926)
Subtotal Depreciation                   $(843,456)
Total Forward Foreign Currency Contracts outstanding at September 30, 2021       $1,260,549
Swap Agreements outstanding at September 30, 2021:
Reference Obligation   Fixed
Deal
(Pay) Rate
  Maturity
Date
  Counterparty   Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
Credit Default Swaps on Sovereign Issuers—Buy Protection                                
Peoples Republic of China, 7.50% due 10/28/27 (Pay Quarterly)   (1.00)%   6/20/2022   JPM   USD   630,000   $(4,285)   $(6,835)   $2,550
Peoples Republic of China, 7.50% due 10/28/27 (Pay Quarterly)   (1.00)%   6/20/2022   CITI   USD   70,000   (476)   (1,226)   750
Subtotal Appreciation                       $(4,761)   $(8,061)   $3,300
Peoples Republic of China, 7.50% due 10/28/27 (Pay Quarterly)   (1.00)%   12/20/2021   DEUT   USD   430,000   $(995)   $1,639   $(2,634)
Subtotal Depreciation                       $(995)   $1,639   $(2,634)
Net Credit Default Swaps on Sovereign Issuers—Buy Protection outstanding at September 30, 2021   $(5,756)   $(6,422)   $666
    
Reference Obligation   Implied
Credit
Spread
  Fixed
Deal
Receive Rate
  Maturity
Date
  Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Credit Default Swaps on Corporate and Sovereign Issuers—Sell Protection                                
The Boeing Co., 2.60% due 10/30/25 (Receive Quarterly)   0.62%   1.00%   6/20/2023   USD   2,200,000   $15,241   $5,839   $9,402
General Electric Co., 2.70% due 10/9/22 (Receive Quarterly)   0.35%   1.00%   12/20/2023   USD   600,000   8,842   (25,420)   34,262
General Electric Co., 2.70% due 10/9/22 (Receive Quarterly)   0.41%   1.00%   6/20/2024   USD   1,000,000   16,241   (20,253)   36,494
Prudential Financial, Inc., 3.50% due 5/15/24 (Receive Quarterly)   0.27%   1.00%   6/20/2024   USD   1,075,000   21,916   19,844   2,072
Republic of Indonesia, 5.88% due 3/13/20 (Receive Quarterly)   0.40%   1.00%   6/20/2024   USD   3,470,000   57,619   13,562   44,057
Rolls-Royce Holdings PLC, 2.13% due 6/18/21 (Receive Quarterly)   1.46%   1.00%   6/20/2025   EUR   1,700,000   (32,654)   (263,901)   231,247
Devon Energy Corporation, 7.95% due 4/15/32 (Receive Quarterly)   0.92%   1.00%   6/20/2026   USD   2,800,000   10,846   (26,054)   36,900
88

Reference Obligation   Implied
Credit
Spread
  Fixed
Deal
Receive Rate
  Maturity
Date
  Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
General Electric Co., 2.70% due 10/9/22 (Receive Quarterly)   0.69%   1.00%   6/20/2026   USD   2,100,000   $30,226   $11,126   $19,100
The Boeing Co., 2.60% due 10/30/25 (Receive Quarterly)   1.01%   1.00%   6/20/2026   USD   2,400,000   (83)   (17,161)   17,078
General Electric Co., 2.70% due 10/9/22 (Receive Quarterly)   0.77%   1.00%   12/20/2026   USD   2,600,000   31,632   29,130   2,502
General Motors Co., 4.88% due 10/2/23 (Receive Quarterly)   1.01%   5.00%   12/20/2026   USD   2,200,000   443,519   443,519  
British Telecommunications, 5.75% due 12/7/28 (Receive Quarterly)   1.07%   1.00%   6/20/2028   EUR   2,000,000   (10,626)   (11,393)   767
British Telecommunications, 5.75% due 12/7/28 (Receive Quarterly)   1.13%   1.00%   12/20/2028   EUR   2,000,000   (20,990)   (23,988)   2,998
Subtotal Appreciation                       $571,729   $134,850   $436,879
The Boeing Co., 8.75% due 8/15/21 (Receive Quarterly)   0.76%   1.00%   6/20/2024   USD   475,000   $3,185   $11,966   $(8,781)
Republic of Peru, 8.75% due 11/21/33 (Receive Quarterly)   0.65%   1.00%   12/20/2024   USD   290,000   3,365   6,740   (3,375)
Russian Federation, 7.50% due 3/31/30 (Receive Quarterly)   0.58%   1.00%   12/20/2024   USD   950,000   13,252   17,427   (4,175)
General Electric Co., 2.70% due 10/9/22 (Receive Quarterly)   0.69%   1.00%   6/20/2026   USD   1,100,000   15,833   17,601   (1,768)
Russian Federation, 7.50% due 3/31/30 (Receive Quarterly)   0.89%   1.00%   12/20/2026   USD   320,000   1,934   2,212   (278)
Verizon Communications, Inc., 4.13% due 3/16/27 (Receive Quarterly)   0.53%   1.00%   12/20/2026   USD   2,100,000   50,539   51,189   (650)
Subtotal Depreciation                       $88,108   $107,135   $(19,027)
Net Centrally Cleared Credit Default Swaps on Corporate and Sovereign Issuers—Sell Protection outstanding at
September 30, 2021
  $659,837   $241,985   $417,852
    
Reference Obligation   Fixed
Deal
(Pay) Rate
  Maturity
Date
  Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Credit Default Swaps on Credit Indexes—Buy Protection                            
CDX.NA.HY.37 (Pay Quarterly)   (5.00)%   12/20/2026   USD   1,020,000   $(96,494)   $(97,955)   $1,461
    $(96,494)   $(97,955)   $1,461
    
Reference Obligation   Implied
Credit
Spread
  Fixed
Deal
Receive Rate
  Maturity
Date
  Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Credit Default Swaps on Credit Indexes—Sell Protection                                
Markit CDX.NA.IG.34 Index (Receive Quarterly)   0.46%   1.00%   6/20/2025   USD   22,475,000   $449,782   $232,085   $217,697
Markit CDX.NA.IG.37 Index (Receive Quarterly)   0.53%   1.00%   12/20/2026   USD   14,000,000   338,382   325,681   12,701
Subtotal Appreciation                       $788,164   $557,766   $230,398
Markit CDX.NA.IG.34 Index (Receive Quarterly)   0.25%   1.00%   6/20/2023   USD   7,550,000   $100,485   $114,038   $(13,553)
iTraxx Europe & Crossover Series 35 (Receive Quarterly)   2.35%   5.00%   6/20/2026   EUR   6,400,000   875,495   917,063   (41,568)
89

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
Reference Obligation   Implied
Credit
Spread
  Fixed
Deal
Receive Rate
  Maturity
Date
  Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
Markit CDX.NA.IG.36 Index (Receive Quarterly)   0.48%   1.00%   6/20/2026   USD   18,600,000   $453,517   $457,606   $(4,089)
iTraxx Europe & Crossover Series 36 (Receive Quarterly)   2.53%   5.00%   12/20/2026   EUR   4,900,000   678,665   704,812   (26,147)
Markit CDX.NA.IG.37 Index (Receive Quarterly)   0.53%   1.00%   12/20/2026   USD   69,129,000   1,670,859   1,678,068   (7,209)
Subtotal Depreciation                       $3,779,021   $3,871,587   $(92,566)
Net Centrally Cleared Credit Default Swaps on Credit Indexes—Sell Protection outstanding at September 30, 2021   $4,567,185   $4,429,353   $137,832
    
Pay Rate Index/Pay Rate   Receive
Rate/Receive
Rate Index
  Maturity
Date
  Counterparty   Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
Interest Rate Swaps                                
1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   7.02% (Upon termination)   1/4/2027   CITI   BRL   15,744,747   $(291,138)   $10,600   $(301,738)
                    $(291,138)   $10,600   $(301,738)
    
Pay Rate Index/Pay Rate   Receive
Rate/Receive
Rate Index
  Maturity
Date
  Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Interest Rate Swaps                        
1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   4.12% (Upon termination)   1/3/2022   BRL   5,804,074   $12,363   $  $12,363
2.85% (Upon termination)   1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   1/3/2022   BRL   12,735,575   33,791   (83)   33,874
2.86% (Upon termination)   1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   1/3/2022   BRL   22,364,363   59,315   (495)   59,810
3-Month LIBOR (Quarterly)   0.19% (Semiannually)   6/15/2022   USD   21,256,000   17,421   (96)   17,517
3-Month New Zealand BBR FRA (Quarterly)   1.25% (Semiannually)   9/15/2022   NZD   18,340,000   5,826   626   5,200
3-Month New Zealand BBR FRA (Quarterly)   1.25% (Semiannually)   12/15/2022   NZD   9,510,000   (1,937)   (10,537)   8,600
5.80% (Upon termination)   1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   1/2/2023   BRL   10,262,469   53,831     53,831
3-Month ASX BBSW (Quarterly)   0.19% (Quarterly)   2/22/2023   AUD   98,600,000   10,342     10,342
3-Month CDOR (Semiannually)   1.10% (Semiannually)   6/15/2023   CAD   21,140,000   (708)   (728)   20
1.25% (Quarterly)   3-Month KWCDC (Quarterly)   9/15/2023   KRW   5,554,169,927   27,395     27,395
7-Day CFETS Repo Rate (Quarterly)   2.50% (Quarterly)   9/15/2023   CNY   111,354,201   65,830   45,031   20,799
0.50% (Semiannually)   3-Month LIBOR (Quarterly)   9/21/2023   USD   18,500,000   10,426   (8,162)   18,588
6.20% (Lunar)   28-Day Mexico Interbank TIIE (Lunar)   12/13/2023   MXN   85,070,000   33,456   (2,012)   35,468
1.50% (Quarterly)   3-Month KWCDC (Quarterly)   12/15/2023   KRW   3,772,620,000   9,808   1,488   8,320
9.20% (Upon termination)   1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   1/2/2024   BRL   1,793,550   3,543   (432)   3,975
3-Month ASX BBSW (Quarterly)   0.50% (Quarterly)   2/24/2024   AUD   23,170,000   20,104     20,104
1.50% (Quarterly)   3-Month KWCDC (Quarterly)   3/16/2024   KRW   9,657,570,000   38,397   22,339   16,058
1-Month LIBOR + 0.09% (Quarterly)   3-Month LIBOR (Quarterly)   7/25/2024   USD   41,780,000   1,784     1,784
6.32% (Upon termination)   1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   1/2/2025   BRL   5,365,429   95,785     95,785
7-Day CFETS Repo Rate (Quarterly)   2.75% (Quarterly)   9/15/2026   CNY   11,648,207   21,874   11,937   9,937
90

Pay Rate Index/Pay Rate   Receive
Rate/Receive
Rate Index
  Maturity
Date
  Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
6.70% (Lunar)   28-Day Mexico Interbank TIIE (Lunar)   12/9/2026   MXN   36,200,000   $35,744   $380   $35,364
(0.25)% (Annually)   6-Month EURIBOR (Semiannually)   12/15/2026   EUR   3,340,000   16,514   (8,331)   24,845
0.25% (Annually)   3-Month STIBOR (Quarterly)   12/15/2026   SEK   14,500,000   25,146   14,825   10,321
1.25% (Semiannually)   3-Month LIBOR (Quarterly)   12/15/2026   USD   5,410,000   (27,769)   (32,192)   4,423
1.70% (Annually)   6-Month WIBOR (Semiannually)   12/15/2026   PLN   1,400,000   4,602   263   4,339
8.50% (Upon termination)   1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   1/4/2027   BRL   5,028,649   74,560     74,560
9.90% (Upon termination)   1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   1/4/2027   BRL   1,647,005   8,009   (1,135)   9,144
0.71% (Annually)   1-Day SOFR (Annually)   5/15/2027   USD   22,990,000   235,004   24,706   210,298
1.68% (Semiannually)   3-Month CDOR (Semiannually)   8/22/2028   CAD   11,720,000   168,163   (12,022)   180,185
28-Day Mexico Interbank TIIE (Lunar)   7.45% (Lunar)   7/18/2029   MXN   165,770,000   77,642   68,836   8,806
1.24% (Annually)   6-Month NIBOR (Semiannually)   10/29/2030   NOK   65,600,000   280,552   88,106   192,446
1.00% (Annually)   1-Day SONIA (Annually)   2/10/2031   GBP   5,330,000   23,131   (100,212)   123,343
3-Month STIBOR (Quarterly)   1.27% (Annually)   5/11/2031   SEK   30,840,000   1,362     1,362
2.50% (Semiannually)   3-Month LIBOR (Quarterly)   9/17/2031   USD   8,140,000   (166,231)   (262,985)   96,754
1.50% (Semiannually)   3-Month LIBOR (Quarterly)   9/24/2031   USD   4,450,000   112,541   56,518   56,023
0.00% (Annually)   Bank of Japan Unsecured Overnight Call Rate (Annually)   12/15/2031   JPY   721,720,000   42,378   22,583   19,795
0.75% (Annually)   1-Day SONIA (Annually)   12/15/2031   GBP   18,220,000   447,038   (281,549)   728,587
1.50% (Annually)   6-Month NIBOR (Semiannually)   12/15/2031   NOK   5,570,000   24,679   8,818   15,861
2.00% (Semiannually)   3-Month CDOR (Semiannually)   12/15/2031   CAD   6,140,000   6,786   (107,118)   113,904
0.75% (Annually)   1-Day SONIA (Annually)   3/16/2032   GBP   6,200,000   171,978   (47,814)   219,792
2.00% (Semiannually)   6-Month ASX BBSW (Semiannually)   3/17/2032   AUD   1,430,000   18,818   6,315   12,503
1.63% (Annually)   1-Day SOFR (Annually)   9/22/2036   USD   10,960,000   118,027   3,371   114,656
0.61% (Annually)   6-Month EURIBOR (Semiannually)   7/22/2041   EUR   8,960,000   246,537   72,400   174,137
0.50% (Annually)   6-Month EURIBOR (Semiannually)   12/15/2041   EUR   130,000   295   (4,472)   4,767
0.56% (Annually)   1-Day SOFR (Annually)   7/20/2045   USD   5,310,000   1,077,113   70,079   1,007,034
0.74% (Annually)   1-Day SOFR (Annually)   8/19/2045   USD   3,610,000   602,994     602,994
0.80% (Semiannually)   3-Month LIBOR (Quarterly)   11/15/2045   USD   1,668,000   354,288   76,382   277,906
1.00% (Semiannually)   3-Month LIBOR (Quarterly)   2/15/2047   USD   8,077,000   1,464,860   97,887   1,366,973
1.20% (Semiannually)   3-Month LIBOR (Quarterly)   2/15/2047   USD   1,621,000   224,836   8,929   215,907
1.23% (Semiannually)   3-Month LIBOR (Quarterly)   2/15/2047   USD   905,000   120,795   1,039   119,756
1.52% (Annually)   1-Day SOFR (Annually)   2/15/2047   USD   2,248,000   22,555   (49,391)   71,946
1.60% (Semiannually)   3-Month LIBOR (Quarterly)   2/15/2047   USD   1,769,000   94,947   9,710   85,237
1.63% (Semiannually)   3-Month LIBOR (Quarterly)   2/15/2047   USD   5,134,000   252,239   29,337   222,902
0.90% (Semiannually)   3-Month LIBOR (Quarterly)   3/17/2050   USD   2,110,000   471,717   (64)   471,781
1.20% (Semiannually)   3-Month LIBOR (Quarterly)   10/7/2050   USD   1,114,000   168,542   (487)   169,029
1.67% (Semiannually)   3-Month LIBOR (Quarterly)   7/9/2051   USD   2,945,000   127,163   (13,125)   140,288
2.00% (Semiannually)   3-Month LIBOR (Quarterly)   12/15/2051   USD   4,170,000   (146,788)   (360,971)   214,183
0.75% (Annually)   1-Day SONIA (Annually)   3/16/2052   GBP   8,200,000   690,574   (143,996)   834,570
Subtotal Appreciation                   $7,989,987   $(706,504)   $8,696,491
0.25% (Annually)   3-Month WIBOR (Quarterly)   12/16/2021   PLN   18,510,000   $(8,848)   $  $(8,848)
1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   3.36% (Upon termination)   1/3/2022   BRL   286,224,050   (323,906)   102,156   (426,062)
1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   3.35% (Upon termination)   1/3/2022   BRL   94,028,297   (178,839)   287   (179,126)
1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   3.70% (Upon termination)   1/3/2022   BRL   88,138,258   (142,267)   (17,065)   (125,202)
1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   3.98% (Upon termination)   1/3/2022   BRL   31,092,652   (40,724)     (40,724)
1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   3.39% (Upon termination)   1/3/2022   BRL   14,546,447   (29,131)     (29,131)
91

MEDIUM-DURATION BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
Pay Rate Index/Pay Rate   Receive
Rate/Receive
Rate Index
  Maturity
Date
  Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   7.20% (Upon termination)   1/2/2023   BRL   11,043,254   $(38,061)   $1,084   $(39,145)
1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   4.23% (Upon termination)   1/2/2023   BRL   3,551,131   (30,320)     (30,320)
3-Month CDOR (Semiannually)   0.80% (Semiannually)   2/28/2023   CAD   158,430,000   (76,312)   (19,854)   (56,458)
0.45% (Semiannually)   3-Month LIBOR (Quarterly)   6/15/2023   USD   19,100,000   (8,458)   487   (8,945)
3-Month CDOR (Semiannually)   1.20% (Semiannually)   9/21/2023   CAD   22,870,000   (18,860)   10,620   (29,480)
6-Month EURIBOR (Semiannually)   (0.50)% (Annually)   12/15/2023   EUR   2,640,000   (5,986)   (2,721)   (3,265)
1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   4.93% (Upon termination)   1/2/2024   BRL   2,302,419   (32,867)     (32,867)
Bank of Japan Unsecured Overnight Call Rate (Annually)   0.00% (Annually)   3/17/2024   JPY   750,000,000   5,997   11,605   (5,608)
0.49% (Quarterly)   3-Month ASX BBSW (Quarterly)   6/29/2024   AUD   9,720,000   (4,797)   307   (5,104)
3-Month CDOR (Semiannually)   1.56% (Semiannually)   8/22/2025   CAD   16,510,000   (78,543)   7,820   (86,363)
6-Month WIBOR (Semiannually)   0.75% (Annually)   12/16/2025   PLN   3,720,000   (34,239)     (34,239)
1-Day ESTR (Annually)   (0.25)% (Annually)   12/15/2026   EUR   580,000   2,763   5,138   (2,375)
1-Day SONIA (Annually)   0.50% (Annually)   12/15/2026   GBP   35,800,000   (675,891)   (58,813)   (617,078)
1.25% (Semiannually)   3-Month LIBOR (Quarterly)   2/15/2028   USD   19,865,000   (958)   27,321   (28,279)
1.35% (Semiannually)   3-Month LIBOR (Quarterly)   2/15/2028   USD   30,090,000   (192,378)   26,354   (218,732)
6-Month EURIBOR (Semiannually)   0.50% (Annually)   2/12/2031   EUR   6,900,000   27,553   137,981   (110,428)
2.13% (Annually)   6-Month NIBOR (Semiannually)   5/11/2031   NOK   28,750,000   (7,209)     (7,209)
6-Month EURIBOR (Semiannually)   0.22% (Annually)   7/22/2031   EUR   16,080,000   (251,965)   (28,864)   (223,101)
6-Month EURIBOR (Semiannually)   0.25% (Annually)   9/2/2031   EUR   6,800,000   (100,143)   (25,582)   (74,561)
3-Month New Zealand BBR FRA (Quarterly)   3.00% (Semiannually)   9/16/2031   NZD   910,000   9,277   22,419   (13,142)
6-Month EURIBOR (Semiannually)   0.50% (Annually)   9/16/2031   EUR   4,100,000   (1,455)   36,595   (38,050)
1-Day SOFR (Annually)   1.53% (Annually)   9/22/2031   USD   9,100,000   (99,721)   1,015   (100,736)
1-Day SONIA (Annually)   1.00% (Annually)   9/23/2031   GBP   3,690,000   (21,790)   23,900   (45,690)
3-Month LIBOR (Quarterly)   1.75% (Semiannually)   12/15/2031   USD   6,420,000   98,109   231,012   (132,903)
3-Month STIBOR (Quarterly)   0.75% (Annually)   12/15/2031   SEK   24,900,000   (48,509)   5,889   (54,398)
6-Month ASX BBSW (Semiannually)   2.00% (Semiannually)   12/15/2031   AUD   710,000   14,227   22,199   (7,972)
6-Month EURIBOR (Semiannually)   0.00% (Annually)   12/15/2031   EUR   680,000   (14,652)   (1,861)   (12,791)
1-Day SONIA (Annually)   1.00% (Annually)   3/17/2032   GBP   1,770,000   (12,582)   (3,823)   (8,759)
3-Month STIBOR (Quarterly)   1.00% (Annually)   3/17/2032   SEK   11,010,000   (19,835)   (8,768)   (11,067)
Swiss Average Overnight Rate (Annually)   0.50% (Annually)   3/17/2032   CHF   1,120,000   1,189   8,464   (7,275)
0.75% (Semiannually)   6-Month LIBOR (Semiannually)   3/20/2038   JPY   489,200,000   (341,630)   34,429   (376,059)
1.73% (Annually)   1-Day SOFR (Annually)   2/15/2047   USD   2,706,000   (105,225)     (105,225)
2.00% (Semiannually)   3-Month LIBOR (Quarterly)   2/15/2047   USD   6,273,000   (197,342)   19,314   (216,656)
0.54% (Semiannually)   6-Month LIBOR (Semiannually)   3/15/2051   JPY   138,000,000   (6,378)   (3,301)   (3,077)
0.56% (Semiannually)   6-Month LIBOR (Semiannually)   3/15/2051   JPY   222,000,000   (20,698)   (712)   (19,986)
0.35% (Semiannually)   6-Month LIBOR (Semiannually)   3/17/2051   JPY   111,000,000   47,900   60,944   (13,044)
0.57% (Semiannually)   6-Month LIBOR (Semiannually)   3/19/2051   JPY   106,000,000   (13,552)     (13,552)
0.57% (Semiannually)   6-Month LIBOR (Semiannually)   4/7/2051   JPY   48,000,000   (7,440)     (7,440)
2.00% (Semiannually)   3-Month LIBOR (Quarterly)   6/3/2051   USD   1,164,000   (44,746)   10,953   (55,699)
3-Month CDOR (Semiannually)   2.25% (Semiannually)   12/15/2051   CAD   6,290,000   (165,487)   84,730   (250,217)
3-Month CDOR (Semiannually)   2.18% (Semiannually)   8/22/2052   CAD   1,240,000   (59,667)   8,518   (68,185)
Subtotal Depreciation                   $(3,254,396)   $730,177   $(3,984,573)
Net Centrally Cleared Interest Rate Swaps outstanding at September 30, 2021   $4,735,591   $23,673   $4,711,918
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
92

GLOBAL BOND FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Par   Value
ASSET-BACKED SECURITIES — 2.1%
AIMCO CLO 10, Ltd., Series 2019-10A, Class DR      
(Floating, ICE LIBOR USD 3M + 2.90%, 2.90% Floor), 3.01%, 07/22/32 144A † $1,000,000   $1,004,034
American Credit Acceptance Receivables Trust, Series 2021-3, Class D      
1.34%, 11/15/27 144A 80,000   79,695
AmeriCredit Automobile Receivables Trust, Series 2021-1, Class D      
1.21%, 12/18/26 55,000   54,802
Annisa CLO, Ltd., Series 2016-2A, Class DR      
(Floating, ICE LIBOR USD 3M + 3.00%), 3.13%, 07/20/31 144A † 500,000   501,746
Avis Budget Rental Car Funding AESOP LLC, Series 2019-3A, Class A      
2.36%, 03/20/26 144A 145,000   151,044
Avis Budget Rental Car Funding AESOP LLC, Series 2021-1A, Class A      
1.38%, 08/20/27 144A 770,000   770,067
Bravo Mortgage Asset Trust, Series 2006-1A, Class M1      
(Floating, ICE LIBOR USD 1M + 0.40%, 0.40% Floor), 0.49%, 07/25/36 144A † 630,000   614,309
Carvana Auto Receivables Trust, Series 2021-N3, Class C      
1.02%, 06/12/28 55,000   54,988
Carvana Auto Receivables Trust, Series 2021-P3, Class C      
1.93%, 10/12/27 50,000   49,828
CIFC Funding, Ltd., Series 2018-1A, Class D      
(Floating, ICE LIBOR USD 3M + 2.65%), 2.78%, 04/18/31 144A † 1,050,000   1,048,258
CIFC Funding, Ltd., Series 2018-2A, Class C      
(Floating, ICE LIBOR USD 3M + 2.85%), 2.98%, 04/20/31 144A † 250,000   250,821
CLI Funding VIII LLC, Series 2021-1A, Class A      
1.64%, 02/18/46 144A 117,735   116,503
Domino's Pizza Master Issuer LLC, Series 2021-1A, Class A2I      
2.66%, 04/25/51 144A 139,650   144,179
Drive Auto Receivables Trust, Series 2021-2, Class D      
1.39%, 03/15/29 170,000   169,631
DT Auto Owner Trust, Series 2021-2A, Class D      
1.50%, 02/16/27 144A 25,000   25,067
DT Auto Owner Trust, Series 2021-3A, Class D      
1.31%, 05/17/27 144A 165,000   164,111
    Par   Value
Exeter Automobile Receivables Trust, Series 2021-1A, Class D      
1.08%, 11/16/26 $70,000   $69,950
Exeter Automobile Receivables Trust, Series 2021-3A, Class D      
1.55%, 06/15/27 120,000   119,919
Flagship Credit Auto Trust, Series 2021-2, Class D      
1.59%, 06/15/27 144A 40,000   40,035
Flagship Credit Auto Trust, Series 2021-3, Class D      
1.65%, 09/15/27 144A 50,000   49,869
Ford Credit Auto Owner Trust, Series 2021-A, Class A3      
0.30%, 08/15/25 260,000   259,629
GLS Auto Receivables Issuer Trust, Series 2021-1A, Class D      
1.68%, 01/15/27 144A 175,000   175,713
GLS Auto Receivables Issuer Trust, Series 2021-3A, Class D      
1.48%, 07/15/27 144A 80,000   79,735
GLS Auto Receivables Trust, Series 2021-2A, Class D      
1.42%, 04/15/27 144A 65,000   64,878
GM Financial Consumer Automobile Receivables Trust, Series 2021-1, Class A3      
0.35%, 10/16/25 95,000   95,031
GM Financial Consumer Automobile Receivables Trust, Series 2021-2, Class A3      
0.51%, 04/16/26 195,000   195,299
Honda Auto Receivables Owner Trust, Series 2021-1, Class A3      
0.27%, 04/21/25 155,000   154,943
Legacy Mortgage Asset Trust, Series 2019-GS4, Class A1      
(Step to 6.44% on 06/27/22), 3.44%, 05/25/59 144A  STEP 71,048   71,190
Navient Private Education Refinancing Loan Trust, Series 2021-FA, Class B      
2.12%, 02/18/70 144A 100,000   100,596
Navient Student Loan Trust, Series 2018-EA, Class B      
4.44%, 12/15/59 144A 560,000   585,337
New Century Home Equity Loan Trust, Series 2003-6, Class M1      
(Floating, ICE LIBOR USD 1M + 1.08%, 1.08% Floor, 12.50% Cap), 1.17%, 01/25/34† 267,123   267,522
Octagon Investment Partners 35, Ltd., Series 2018-1A, Class C      
(Floating, ICE LIBOR USD 3M + 2.60%, 2.60% Floor), 2.73%, 01/20/31 144A † 250,000   247,032
PFCA Home Equity Investment Trust, Series 2003-IFC5, Class A      
4.26%, 01/22/35 144A † γ 407,728   419,930
 
93

GLOBAL BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Progress Residential, Series 2021-SFR3, Class E1      
2.54%, 05/17/26 144A $20,000   $20,013
Santander Drive Auto Receivables Trust, Series 2021-1, Class D      
1.13%, 11/16/26 70,000   70,224
Santander Drive Auto Receivables Trust, Series 2021-2, Class D      
1.35%, 07/15/27 85,000   85,410
Santander Drive Auto Receivables Trust, Series 2021-3, Class D      
1.33%, 09/15/27 115,000   115,028
Saxon Asset Securities Trust, Series 2006-3, Class A4      
(Floating, ICE LIBOR USD 1M + 0.24%, 0.24% Floor, 12.25% Cap), 0.33%, 10/25/46† 560,000   518,404
Sierra Timeshare Receivables Funding LLC, Series 2019-2A, Class C      
3.12%, 05/20/36 144A 34,511   35,299
S-Jets, Ltd., Series 2017-1, Class A      
3.97%, 08/15/42 144A 182,524   181,414
SLM Student Loan Trust, Series 2003-10A, Class A4      
(Floating, ICE LIBOR USD 3M + 0.67%), 0.79%, 12/17/68 144A † 640,000   641,708
SLM Student Loan Trust, Series 2003-4, Class A5E      
(Floating, ICE LIBOR USD 3M + 0.75%), 0.87%, 03/15/33 144A † 128,489   126,849
SLM Student Loan Trust, Series 2006-10, Class A6      
(Floating, ICE LIBOR USD 3M + 0.15%), 0.28%, 03/25/44† 124,304   121,541
SMB Private Education Loan Trust, Seres 2021-A, Class A2A2      
(Floating, ICE LIBOR USD 1M + 0.73%), 0.81%, 01/15/53 144A † 100,000   100,576
SMB Private Education Loan Trust, Series 2021-A, Class A2B      
1.59%, 01/15/53 144A 240,000   239,902
Taco Bell Funding LLC, Series 2021-1A, Class A2II      
2.29%, 08/25/51 144A 110,000   110,020
Textainer Marine Containers VII, Ltd., Series 2021-1A, Class A      
1.68%, 02/20/46 144A 95,333   94,109
TIF Funding II LLC, Series 2021-1A, Class A      
1.65%, 02/20/46 144A 94,833   93,036
Towd Point Mortgage Trust, Series 2019-4, Class A1      
2.90%, 10/25/59 144A 85,692   88,959
Toyota Auto Receivables Owner Trust, Series 2021-A, Class A2      
0.16%, 07/17/23 67,155   67,147
    Par   Value
Trinitas CLO XII, Ltd., Series 2020-12A, Class D      
(Floating, ICE LIBOR USD 3M + 4.00%, 4.00% Floor), 4.13%, 04/25/33 144A † $1,250,000   $1,261,401
Triton Container Finance VIII LLC, Series 2021-1A, Class A      
1.86%, 03/20/46 144A 124,475   123,677
VCAT Asset Securitization LLC, Series 2021-NPL6, Class A1      
1.92%, 09/25/51 144A  STEP 155,000   156,153
VCAT LLC, Series 2021-NPL5, Class A1      
1.87%, 08/25/61 144A  STEP 99,911   99,950
VOLT XCIII LLC, Series 2021-NPL2, Class A1      
(Step to 4.89% on 02/25/24), 1.89%, 02/27/51 144A  STEP 78,587   78,912
VOLT XCIV LLC, Series 2021-NPL3, Class A1      
(Step to 5.24% on 02/25/24), 2.24%, 02/27/51 144A  STEP 66,114   66,241
VOLT XCVII LLC, Series 2021-NPL6, Class A1      
(Step to 5.24% on 04/25/24), 2.24%, 04/25/51 144A  STEP 97,526   97,637
Wendy's Funding LLC, Series 2021-1A, Class A2I      
2.37%, 06/15/51 144A 59,850   60,611
Westlake Automobile Receivables Trust, Series 2021-1A, Class D      
1.23%, 04/15/26 144A 140,000   140,170
Westlake Automobile Receivables Trust, Series 2021-2A, Class D      
1.23%, 12/15/26 144A 65,000   64,970
Total Asset-Backed Securities
(Cost $12,961,366)
    13,055,052
CORPORATE BONDS — 20.1%
Air Lease Corporation      
0.70%, 02/15/24Δ 380,000   377,705
2.30%, 02/01/25 305,000   313,398
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 4.08%), 4.65%, 06/15/26ρ Δ ^ 120,000   125,850
4.63%, 10/01/28 50,000   56,215
3.00%, 02/01/30 30,000   30,462
3.13%, 12/01/30 25,000   25,631
Allied Universal Holdco LLC      
6.00%, 06/01/29 144A 270,000   266,792
Ally Financial, Inc.      
5.13%, 09/30/24 465,000   521,013
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.87%), 4.70%, 05/15/26ρ Δ ^ 140,000   146,157
(Variable, U.S. Treasury Yield Curve Rate CMT 7Y + 3.48%), 4.70%, 05/15/28ρ ^ 125,000   130,938
 
94

    Par   Value
8.00%, 11/01/31 $175,000   $252,625
Amazon.com, Inc.      
0.45%, 05/12/24 595,000   593,942
3.88%, 08/22/37 620,000   732,661
4.25%, 08/22/57 190,000   241,722
AMC Networks, Inc.      
4.25%, 02/15/29 55,000   54,794
American Airlines Group, Inc.      
5.00%, 06/01/22 144A Δ 90,000   90,225
3.75%, 03/01/25 144A Δ 5,000   4,512
American Airlines Pass-Through Trust, Series 2016-3, Class B      
3.75%, 10/15/25 207,197   200,146
American Airlines Pass-Through Trust, Series 2017-2, Class B      
3.70%, 10/15/25 83,602   80,963
American Airlines, Inc.      
5.50%, 04/20/26 144A 810,000   852,525
5.75%, 04/20/29 144A 780,000   841,425
American Homes 4 Rent LP REIT      
2.38%, 07/15/31 20,000   19,835
Apple, Inc.      
4.65%, 02/23/46 145,000   188,939
Aramark International Finance S.a.r.l.      
3.13%, 04/01/25(E) 284,000   332,638
Ares Capital Corporation      
2.88%, 06/15/28 225,000   228,092
AT&T, Inc.      
0.25%, 03/04/26(E) 650,000   757,515
3.65%, 06/01/51 625,000   638,170
3.50%, 09/15/53 215,000   213,213
Athene Global Funding      
1.61%, 06/29/26 144A 110,000   109,984
Aviation Capital Group LLC      
1.95%, 01/30/26 144A 50,000   49,843
Avon Products, Inc.      
8.45%, 03/15/43 60,000   76,213
Bank of America Corporation      
1.38%, 03/26/25(E) 595,000   723,783
4.25%, 10/22/26 55,000   61,954
(Variable, ICE LIBOR USD 3M + 1.51%), 3.71%, 04/24/28^ 250,000   274,917
(Variable, ICE LIBOR USD 3M + 1.04%), 3.42%, 12/20/28^ 435,000   471,781
(Variable, ICE LIBOR USD 3M + 0.99%), 2.50%, 02/13/31^ 155,000   156,945
(Variable, U.S. SOFR + 1.37%), 1.92%, 10/24/31^ 360,000   346,585
(Variable, U.S. SOFR + 1.58%), 3.31%, 04/22/42^ 1,860,000   1,954,000
(Variable, ICE LIBOR USD 3M + 3.15%), 4.08%, 03/20/51^ 170,000   201,406
Bausch Health Americas, Inc.      
9.25%, 04/01/26 144A 500,000   534,612
8.50%, 01/31/27 144A 50,000   53,323
BioMarin Pharmaceutical, Inc.      
0.60%, 08/01/24 CONV Δ 80,000   82,055
1.25%, 05/15/27 CONV 235,000   236,368
    Par   Value
Blackstone Secured Lending Fund      
2.13%, 02/15/27 144A $190,000   $187,972
Boeing Co. (The)      
4.88%, 05/01/25 690,000   768,236
2.20%, 02/04/26 280,000   282,127
3.10%, 05/01/26 30,000   31,724
3.63%, 03/01/48 5,000   4,941
3.85%, 11/01/48 130,000   133,229
3.90%, 05/01/49 270,000   278,477
3.75%, 02/01/50 425,000   429,810
5.81%, 05/01/50 680,000   908,018
3.83%, 03/01/59 185,000   182,022
3.95%, 08/01/59 55,000   56,573
Braskem America Finance Co.      
7.13%, 07/22/41 2,440,000   3,156,750
Brighthouse Financial, Inc.      
5.63%, 05/15/30 375,000   453,168
4.70%, 06/22/47 65,000   73,626
Brixmor Operating Partnership LP REIT      
2.25%, 04/01/28 15,000   15,141
Broadcom, Inc.      
4.15%, 11/15/30 380,000   421,269
2.60%, 02/15/33 144A 385,000   370,172
3.50%, 02/15/41 144A 200,000   197,915
Carnival Corporation      
5.75%, 03/01/27 144A 120,000   124,200
Carvana Co.      
5.63%, 10/01/25 144A 35,000   36,226
5.50%, 04/15/27 144A 50,000   51,098
5.88%, 10/01/28 144A 55,000   56,868
Caterpillar Financial Services Corporation      
0.45%, 05/17/24 595,000   594,026
CCO Holdings LLC      
4.50%, 08/15/30 144A 650,000   671,430
4.25%, 01/15/34 144A 405,000   401,709
Centene Corporation      
4.63%, 12/15/29 700,000   763,735
3.00%, 10/15/30 25,000   25,656
2.50%, 03/01/31 215,000   212,312
2.63%, 08/01/31 100,000   99,449
Charter Communications Operating LLC      
3.50%, 06/01/41 370,000   363,852
6.48%, 10/23/45 210,000   285,976
5.75%, 04/01/48 890,000   1,126,229
4.80%, 03/01/50 335,000   376,613
3.70%, 04/01/51 150,000   146,336
3.90%, 06/01/52 135,000   134,717
3.85%, 04/01/61 270,000   258,081
4.40%, 12/01/61 260,000   270,972
3.95%, 06/30/62 245,000   236,711
Cigna Corporation      
4.80%, 08/15/38 280,000   342,955
3.20%, 03/15/40 150,000   154,635
3.40%, 03/15/50 260,000   268,894
95

GLOBAL BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
CIT Group, Inc.      
5.25%, 03/07/25 $540,000   $602,100
Citigroup, Inc.      
3.50%, 05/15/23 655,000   686,402
(Variable, ICE LIBOR USD 3M + 3.42%), 6.30%, 05/15/24ρ ^ 690,000   746,580
(Variable, ICE LIBOR USD 3M + 0.90%), 3.35%, 04/24/25^ 350,000   371,840
(Variable, ICE LIBOR USD 3M + 3.91%), 5.95%, 05/15/25ρ ^ 100,000   109,375
(Variable, ICE LIBOR USD 3M + 1.56%), 3.89%, 01/10/28^ 135,000   149,284
(Variable, ICE LIBOR USD 3M + 1.15%), 3.52%, 10/27/28^ 200,000   217,626
(Variable, U.S. SOFR + 1.42%), 2.98%, 11/05/30^ 210,000   220,909
Citrix Systems, Inc.      
1.25%, 03/01/26 300,000   295,236
CME Group, Inc.      
5.30%, 09/15/43 620,000   870,784
Comcast Corporation      
2.94%, 11/01/56 144A 801,000   758,064
2.99%, 11/01/63 144A 307,000   288,308
CommScope, Inc.      
4.75%, 09/01/29 144A 240,000   240,000
Comstock Resources, Inc.      
7.50%, 05/15/25 144A 93,000   96,797
ConocoPhillips      
6.50%, 02/01/39 10,000   14,599
Continental Resources, Inc.      
5.75%, 01/15/31 144A 100,000   121,000
4.90%, 06/01/44 270,000   302,737
Corporate Office Properties LP REIT      
2.75%, 04/15/31 20,000   20,227
Crown Castle International Corporation REIT      
1.05%, 07/15/26Δ 385,000   377,046
2.50%, 07/15/31 185,000   184,993
CVS Health Corporation      
4.13%, 04/01/40 105,000   120,489
5.05%, 03/25/48 295,000   380,392
4.25%, 04/01/50 210,000   247,701
DCP Midstream Operating LP      
6.75%, 09/15/37 144A 500,000   645,950
Dell International LLC      
5.45%, 06/15/23 575,000   616,877
7.13%, 06/15/24 144A 270,000   276,444
5.30%, 10/01/29Δ 365,000   441,647
8.10%, 07/15/36 225,000   341,731
8.35%, 07/15/46 125,000   203,120
Delta Air Lines, Inc.      
2.90%, 10/28/24 30,000   30,729
7.00%, 05/01/25 144A 50,000   58,332
4.50%, 10/20/25 144A 350,000   374,603
7.38%, 01/15/26 330,000   388,948
4.75%, 10/20/28 144A 1,300,000   1,450,304
Devon Energy Corporation      
5.88%, 06/15/28 144A 384,000   423,388
    Par   Value
Diamondback Energy, Inc.      
3.13%, 03/24/31 $45,000   $46,761
Digital Euro Finco LLC REIT      
1.13%, 04/09/28(E) 305,000   363,806
Dillard's, Inc.      
7.75%, 07/15/26 450,000   541,274
Discovery Communications LLC      
3.63%, 05/15/30 125,000   135,657
DISH DBS Corporation      
5.88%, 11/15/24 1,065,000   1,146,504
7.75%, 07/01/26 1,545,000   1,746,584
5.13%, 06/01/29 90,000   88,303
DISH Network Corporation      
2.38%, 03/15/24 CONV 900,000   880,312
3.38%, 08/15/26 CONV 565,000   588,730
DTE Energy Co.      
3.40%, 06/15/29 322,000   349,516
Duke Energy Corporation      
2.55%, 06/15/31 295,000   299,135
Edison International      
4.95%, 04/15/25 35,000   38,555
El Paso Natural Gas Co. LLC      
8.63%, 01/15/22 60,000   61,412
8.38%, 06/15/32 50,000   73,392
Enbridge Energy Partners LP      
7.38%, 10/15/45 90,000   142,672
Encore Capital Group, Inc.      
4.88%, 10/15/25(E) 500,000   608,529
Endeavor Energy Resources LP      
5.75%, 01/30/28 144A 230,000   242,362
Energy Transfer LP      
5.88%, 03/01/22 20,000   20,170
5.00%, 10/01/22 60,000   61,907
4.50%, 11/01/23 500,000   532,240
7.60%, 02/01/24 220,000   246,962
4.95%, 06/15/28 200,000   229,616
Enterprise Products Operating LLC      
5.10%, 02/15/45 600,000   747,927
4.80%, 02/01/49 290,000   355,686
EOG Resources, Inc.      
4.38%, 04/15/30Δ 100,000   116,806
EPR Properties REIT      
3.75%, 08/15/29 230,000   237,284
EQT Corporation      
3.13%, 05/15/26 144A 10,000   10,264
5.00%, 01/15/29Δ 850,000   958,120
3.63%, 05/15/31 144A Δ 20,000   20,865
ERAC U.S.A. Finance LLC      
7.00%, 10/15/37 144A 535,000   795,847
Expedia Group, Inc.      
(0.53)%, 02/15/26 144A Ω  CONV Δ 55,000   59,656
2.95%, 03/15/31 440,000   445,003
Exxon Mobil Corporation      
4.33%, 03/19/50 300,000   367,915
3.45%, 04/15/51 340,000   362,135
 
96

    Par   Value
Fidelity & Guaranty Life Holdings, Inc.      
5.50%, 05/01/25 144A $430,000   $488,839
Fidelity National Information Services, Inc.      
1.00%, 12/03/28(E) 300,000   358,027
FirstEnergy Corporation      
7.38%, 11/15/31 630,000   862,193
Fiserv, Inc.      
1.63%, 07/01/30(E) 290,000   360,752
Ford Motor Co.      
6.63%, 10/01/28 75,000   90,095
4.75%, 01/15/43 190,000   199,382
Ford Motor Credit Co. LLC      
2.75%, 06/14/24(U) 460,000   627,165
3.82%, 11/02/27 400,000   415,500
4.00%, 11/13/30 850,000   885,062
Fox Corporation      
5.58%, 01/25/49 455,000   613,824
Freeport-McMoRan, Inc.      
5.40%, 11/14/34Δ 230,000   276,575
Fresenius Medical Care U.S. Finance II, Inc.      
5.88%, 01/31/22 144A 540,000   549,437
FS KKR Capital Corporation      
3.40%, 01/15/26 75,000   78,400
GE Capital Funding LLC      
4.55%, 05/15/32 1,390,000   1,647,071
General Dynamics Corporation      
4.25%, 04/01/40 190,000   231,803
4.25%, 04/01/50 460,000   582,293
General Electric Co.      
6.75%, 03/15/32 20,000   27,381
6.88%, 01/10/39 46,000   68,639
General Motors Co.      
5.40%, 10/02/23 360,000   392,727
6.13%, 10/01/25 250,000   293,025
6.25%, 10/02/43 85,000   114,662
5.20%, 04/01/45 255,000   311,060
General Motors Financial Co., Inc.      
0.96%, 09/07/23(E) 415,000   489,671
1.05%, 03/08/24 75,000   75,344
5.25%, 03/01/26 315,000   360,140
(Variable, ICE LIBOR USD 3M + 3.60%), 5.75%, 09/30/27ρ ^ 5,000   5,475
3.60%, 06/21/30 275,000   295,184
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 5.00%), 5.70%, 09/30/30ρ ^ 10,000   11,538
GEO Group, Inc. (The) REIT      
5.88%, 10/15/24 290,000   241,221
Georgia-Pacific LLC      
8.88%, 05/15/31Δ 305,000   477,407
Gilead Sciences, Inc.      
4.00%, 09/01/36 670,000   771,303
Glencore Funding LLC      
2.85%, 04/27/31 144A Δ 450,000   453,230
Go Daddy Operating Co. LLC      
3.50%, 03/01/29 144A Δ 105,000   104,213
    Par   Value
Goldman Sachs Capital II      
(Variable, ICE LIBOR USD 3M + 0.77%), 4.00%, 11/05/21† ρ $40,000   $39,570
Goldman Sachs Group, Inc. (The)      
(Variable, ICE LIBOR USD 3M + 1.20%), 3.27%, 09/29/25^ 420,000   448,643
(Variable, U.S. SOFR + 0.79%), 1.09%, 12/09/26Δ ^ 360,000   354,892
(Variable, ICE LIBOR USD 3M + 1.51%), 3.69%, 06/05/28^ 225,000   247,823
(Variable, ICE LIBOR USD 3M + 1.16%), 3.81%, 04/23/29^ 265,000   293,477
(Variable, U.S. SOFR + 1.28%), 2.62%, 04/22/32^ 220,000   222,803
6.75%, 10/01/37 180,000   258,079
5.15%, 05/22/45 580,000   761,506
Hanesbrands, Inc.      
4.63%, 05/15/24 144A 110,000   116,108
4.88%, 05/15/26 144A Δ 560,000   607,202
HCA, Inc.      
5.38%, 02/01/25 20,000   22,375
5.38%, 09/01/26 28,000   32,071
3.50%, 09/01/30 40,000   42,416
5.25%, 06/15/49Δ 330,000   421,925
Hercules LLC      
6.50%, 06/30/29 130,000   148,888
Hess Midstream Operations LP      
4.25%, 02/15/30 144A 30,000   30,375
Hilton Domestic Operating Co., Inc.      
3.63%, 02/15/32 144A 75,000   73,969
Hilton Grand Vacations Borrower Escrow LLC      
5.00%, 06/01/29 144A 60,000   61,275
4.88%, 07/01/31 144A 20,000   20,100
Hilton Worldwide Finance LLC      
4.88%, 04/01/27 520,000   538,210
Icahn Enterprises LP      
5.25%, 05/15/27Δ 5,000   5,194
4.38%, 02/01/29 280,000   280,000
Ideal Standard International SA      
6.38%, 07/30/26(E)  144A 840,000   925,458
Ionis Pharmaceuticals, Inc.      
0.00%, 04/01/26 144A Ω  CONV 55,000   50,256
Jabil, Inc.      
1.70%, 04/15/26 85,000   85,496
JBS U.S.A. LUX SA      
3.75%, 12/01/31 144A 45,000   46,880
Jefferies Group LLC      
6.25%, 01/15/36 570,000   767,082
6.50%, 01/20/43 260,000   361,536
JELD-WEN, Inc.      
4.88%, 12/15/27 144A Δ 380,000   396,595
JetBlue Airways Corporation      
0.50%, 04/01/26 144A  CONV Δ 40,000   39,394
JPMorgan Chase & Co.      
(Variable, ICE LIBOR USD 3M + 3.33%), 6.13%, 04/30/24ρ ^ 190,000   205,438
(Variable, U.S. SOFR + 0.89%), 1.58%, 04/22/27^ 110,000   110,290
97

GLOBAL BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
(Variable, Euribor 3M + 0.84%), 1.64%, 05/18/28(E) ^ $250,000   $310,742
(Variable, U.S. SOFR + 2.04%), 2.52%, 04/22/31^ 510,000   520,599
(Variable, U.S. SOFR + 2.52%), 2.96%, 05/13/31^ 285,000   296,668
(Variable, U.S. SOFR + 2.46%), 3.11%, 04/22/41^ 250,000   258,778
(Variable, U.S. SOFR + 2.44%), 3.11%, 04/22/51^ 460,000   468,074
(Variable, U.S. SOFR + 1.58%), 3.33%, 04/22/52^ 1,880,000   1,972,933
Kinder Morgan Energy Partners LP      
6.50%, 02/01/37 40,000   54,248
6.95%, 01/15/38 50,000   70,957
Kinder Morgan, Inc.      
7.75%, 01/15/32 560,000   804,153
5.55%, 06/01/45 465,000   593,279
Kraft Heinz Foods Co.      
4.38%, 06/01/46 515,000   587,028
Lamb Weston Holdings, Inc.      
4.88%, 11/01/26 144A 1,020,000   1,046,285
Legacy LifePoint Health LLC      
4.38%, 02/15/27 144A 230,000   229,712
Lennar Corporation      
4.75%, 11/29/27 1,045,000   1,212,284
Lithia Motors, Inc.      
3.88%, 06/01/29 144A 45,000   46,764
Livongo Health, Inc.      
0.88%, 06/01/25 CONV 25,000   33,023
Lumen Technologies, Inc.      
5.63%, 04/01/25 50,000   54,438
Marathon Petroleum Corporation      
4.70%, 05/01/25 380,000   424,368
Marriott International, Inc.      
2.85%, 04/15/31 75,000   76,021
Marriott Ownership Resorts, Inc.      
4.50%, 06/15/29 144A 45,000   45,619
Marvell Technology, Inc.      
2.45%, 04/15/28 144A 70,000   71,359
2.95%, 04/15/31 144A 60,000   61,721
Masco Corporation      
7.75%, 08/01/29 62,000   83,655
6.50%, 08/15/32 27,000   35,757
Match Group Holdings II LLC      
5.00%, 12/15/27 144A 560,000   586,866
MBIA Insurance Corporation      
11.39%, 01/15/33 144A # 215,000   24,188
McDonald’s Corporation      
4.20%, 04/01/50 300,000   358,159
Microchip Technology, Inc.      
0.98%, 09/01/24 144A 105,000   104,904
Mileage Plus Holdings LLC      
6.50%, 06/20/27 144A 375,000   408,266
MMS U.S.A. Holdings, Inc.      
1.75%, 06/13/31(E) Δ 500,000   631,656
Morgan Stanley      
4.10%, 05/22/23 190,000   200,670
    Par   Value
(Variable, U.S. SOFR + 0.51%), 0.79%, 01/22/25^ $510,000   $510,080
6.25%, 08/09/26 205,000   249,690
4.35%, 09/08/26 475,000   536,502
3.63%, 01/20/27 250,000   275,743
3.95%, 04/23/27 65,000   72,337
(Variable, U.S. SOFR + 1.14%), 2.70%, 01/22/31^ 315,000   324,985
(Variable, U.S. SOFR + 4.84%), 5.60%, 03/24/51^ 230,000   341,497
MPLX LP      
4.50%, 07/15/23 20,000   21,180
4.88%, 06/01/25 40,000   44,720
4.70%, 04/15/48 280,000   323,893
MPT Operating Partnership LP REIT      
2.55%, 12/05/23(U) 350,000   484,463
4.63%, 08/01/29Δ 240,000   257,820
3.50%, 03/15/31 1,000,000   1,021,250
MSCI, Inc.      
3.25%, 08/15/33 144A Δ 35,000   35,445
Murphy Oil U.S.A., Inc.      
3.75%, 02/15/31 144A Δ 25,000   25,188
Mutual of Omaha Insurance Co.      
6.80%, 06/15/36 144A 605,000   818,421
Mylan, Inc.      
4.55%, 04/15/28 225,000   256,964
Navient Corporation      
6.75%, 06/15/26 150,000   165,732
5.00%, 03/15/27 5,000   5,156
5.63%, 08/01/33 10,000   9,529
NCL Corporation, Ltd.      
5.88%, 03/15/26 144A 65,000   66,712
NCL Finance, Ltd.      
6.13%, 03/15/28 144A Δ 25,000   25,980
Netflix, Inc.      
4.88%, 04/15/28 20,000   23,075
5.88%, 11/15/28 60,000   73,599
6.38%, 05/15/29 75,000   94,969
5.38%, 11/15/29 144A 5,000   6,063
4.88%, 06/15/30 144A 105,000   123,769
Newell Brands, Inc.      
4.35%, 04/01/23 320,000   333,619
NGPL PipeCo LLC      
7.77%, 12/15/37 144A 200,000   287,172
NVIDIA Corporation      
3.70%, 04/01/60 280,000   327,083
Occidental Petroleum Corporation      
3.20%, 08/15/26 275,000   281,105
3.50%, 08/15/29 280,000   285,144
4.50%, 07/15/44 110,000   110,721
OneMain Finance Corporation      
6.88%, 03/15/25 125,000   140,625
ONEOK Partners LP      
4.90%, 03/15/25 35,000   38,842
6.20%, 09/15/43 15,000   19,505
Open Text Holdings, Inc.      
4.13%, 02/15/30 144A 300,000   308,625
 
98

    Par   Value
Oracle Corporation      
4.00%, 07/15/46 $205,000   $217,542
Ovintiv, Inc.      
8.13%, 09/15/30 15,000   20,663
7.20%, 11/01/31 5,000   6,717
7.38%, 11/01/31 5,000   6,792
6.50%, 08/15/34 10,000   13,503
6.63%, 08/15/37 30,000   41,225
6.50%, 02/01/38Δ 5,000   6,892
Owens Corning      
7.00%, 12/01/36 523,000   754,718
Owens-Brockway Glass Container, Inc.      
5.38%, 01/15/25 144A Δ 265,000   283,796
Owl Rock Capital Corporation      
4.25%, 01/15/26 265,000   284,593
2.88%, 06/11/28 120,000   119,865
Owl Rock Technology Finance Corporation      
4.75%, 12/15/25 144A 265,000   289,844
Pacific Gas and Electric Co.      
3.25%, 06/01/31 160,000   159,615
3.30%, 08/01/40 120,000   110,909
4.30%, 03/15/45 250,000   247,213
Palo Alto Networks, Inc.      
0.38%, 06/01/25 CONV 190,000   314,654
Peloton Interactive, Inc.      
0.64%, 02/15/26 144A Ω  CONV 60,000   53,117
Penn Mutual Life Insurance Co. (The)      
7.63%, 06/15/40 144A 345,000   518,582
PepsiCo, Inc.      
3.63%, 03/19/50 190,000   219,165
Pilgrim's Pride Corporation      
3.50%, 03/01/32 144A Δ 115,000   117,084
Plains All American Pipeline LP      
4.65%, 10/15/25 230,000   255,002
3.55%, 12/15/29 525,000   552,688
PLT VII Finance S.a.r.l.      
4.63%, 01/05/26(E) 265,000   316,523
Prime Security Services Borrower LLC      
5.25%, 04/15/24 144A Δ 610,000   651,358
PulteGroup, Inc.      
6.00%, 02/15/35 95,000   123,006
Radiology Partners, Inc.      
9.25%, 02/01/28 144A 440,000   473,904
Range Resources Corporation      
5.00%, 03/15/23 53,000   55,054
4.88%, 05/15/25 120,000   126,846
Rocket Mortgage LLC      
2.88%, 10/15/26 144A 230,000   225,043
5.25%, 01/15/28 144A 90,000   97,088
3.63%, 03/01/29 144A 130,000   131,625
3.88%, 03/01/31 144A 320,000   323,200
4.00%, 10/15/33 144A 155,000   154,031
Royal Caribbean Cruises, Ltd.      
4.25%, 07/01/26 144A 10,000   9,808
5.50%, 04/01/28 144A 130,000   133,156
    Par   Value
Sasol Financing U.S.A. LLC      
5.50%, 03/18/31 $1,470,000   $1,507,485
SBA Communications Corporation REIT      
3.13%, 02/01/29 144A 155,000   149,963
Sensata Technologies, Inc.      
4.38%, 02/15/30 144A 720,000   776,005
Skyworks Solutions, Inc.      
1.80%, 06/01/26 15,000   15,208
Southern Co. (The)      
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.73%), 4.00%, 01/15/51^ 200,000   211,914
Southern Copper Corporation      
5.25%, 11/08/42 870,000   1,082,062
Southwest Airlines Co.      
1.25%, 05/01/25 CONV 140,000   209,650
Southwestern Energy Co.      
6.45%, 01/23/25 78,000   85,981
Spectrum Brands, Inc.      
5.75%, 07/15/25 35,000   35,919
5.00%, 10/01/29 144A Δ 90,000   96,948
Splunk, Inc.      
1.13%, 06/15/27 CONV 65,000   64,066
Sprint Capital Corporation      
8.75%, 03/15/32 550,000   822,310
Sprint Corporation      
7.88%, 09/15/23 490,000   548,114
Square, Inc.      
3.50%, 06/01/31 144A 65,000   66,754
SYNNEX Corporation      
1.75%, 08/09/26 144A 135,000   133,635
Sysco Corporation      
6.60%, 04/01/50 177,000   278,942
Targa Resources Partners LP      
5.88%, 04/15/26 620,000   648,287
5.38%, 02/01/27 40,000   41,498
5.50%, 03/01/30 280,000   306,512
4.00%, 01/15/32 144A 35,000   36,215
Teladoc Health, Inc.      
1.25%, 06/01/27 CONV 175,000   176,651
Tenet Healthcare Corporation      
6.88%, 11/15/31 160,000   183,874
Tennessee Gas Pipeline Co. LLC      
2.90%, 03/01/30 144A 340,000   351,840
Terminix Co. LLC (The)      
7.45%, 08/15/27 120,000   145,708
Time Warner Cable LLC      
5.50%, 09/01/41 35,000   42,962
4.50%, 09/15/42 55,000   60,289
T-Mobile U.S.A., Inc.      
3.38%, 04/15/29 285,000   297,682
3.88%, 04/15/30 675,000   745,669
3.50%, 04/15/31Δ 145,000   153,103
4.38%, 04/15/40 100,000   115,335
4.50%, 04/15/50 360,000   420,394
TopBuild Corporation      
4.13%, 02/15/32 144A 45,000   45,563
99

GLOBAL BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Toyota Motor Credit Corporation      
0.50%, 06/18/24 $595,000   $592,335
Transcontinental Gas Pipe Line Co. LLC      
3.25%, 05/15/30 320,000   342,295
4.45%, 08/01/42 750,000   881,347
TransDigm, Inc.      
4.63%, 01/15/29Δ 35,000   35,000
Travel + Leisure Co.      
6.63%, 07/31/26 144A 10,000   11,400
6.00%, 04/01/27 10,000   11,101
4.63%, 03/01/30 144A Δ 75,000   77,195
TriNet Group, Inc.      
3.50%, 03/01/29 144A 95,000   95,356
Twitter, Inc.      
0.00%, 03/15/26 144A Ω  CONV 85,000   79,334
U.S. Airways Pass-Through Trust, Series 2012-1, Class A      
5.90%, 10/01/24 75,153   79,181
U.S. Airways Pass-Through Trust, Series 2012-2, Class A      
4.63%, 06/03/25 67,055   67,328
UAL Pass-Through Trust, Series 2007-1      
6.64%, 07/02/22 43,132   44,484
Uber Technologies, Inc.      
7.50%, 09/15/27 144A 260,000   284,212
6.25%, 01/15/28 144A Δ 120,000   128,850
4.50%, 08/15/29 144A Δ 345,000   348,019
United Airlines Pass-Through Trust, Series 2014-1, Class A      
4.00%, 04/11/26 80,314   84,934
United Airlines Pass-Through Trust, Series 2016-2, Class B      
3.65%, 10/07/25 65,741   65,604
United Airlines Pass-Through Trust, Series 2020-1, Class A      
5.88%, 10/15/27 347,803   389,915
United Airlines, Inc.      
4.38%, 04/15/26 144A 25,000   25,688
4.63%, 04/15/29 144A 35,000   36,215
United Rentals North America, Inc.      
5.25%, 01/15/30Δ 410,000   449,462
Verizon Communications, Inc.      
1.13%, 11/03/28(U) 290,000   375,623
2.36%, 03/15/32 144A 940,000   930,164
0.75%, 03/22/32(E) Δ 185,000   212,153
3.40%, 03/22/41 620,000   648,088
2.85%, 09/03/41 45,000   43,991
4.00%, 03/22/50 720,000   819,301
3.55%, 03/22/51 150,000   158,391
3.70%, 03/22/61 350,000   370,383
Viatris, Inc.      
4.00%, 06/22/50 144A 100,000   106,505
Viking Cruises, Ltd.      
5.88%, 09/15/27 144A 90,000   87,240
Viking Ocean Cruises Ship VII, Ltd.      
5.63%, 02/15/29 144A 900,000   901,588
    Par   Value
VOC Escrow, Ltd.      
5.00%, 02/15/28 144A $280,000   $276,653
Wells Fargo & Co.      
(Variable, ICE LIBOR USD 3M + 3.99%), 5.88%, 06/15/25ρ ^ 170,000   189,892
1.00%, 02/02/27(E) 400,000   479,751
(Variable, U.S. SOFR + 1.26%), 2.57%, 02/11/31^ 230,000   235,136
(Variable, U.S. SOFR + 2.53%), 3.07%, 04/30/41^ 220,000   226,284
(Variable, U.S. SOFR + 4.50%), 5.01%, 04/04/51^ 840,000   1,128,945
Western Midstream Operating LP      
4.35%, 02/01/25Δ 850,000   897,991
WestRock MWV LLC      
8.20%, 01/15/30 75,000   105,213
7.95%, 02/15/31 25,000   35,613
Weyerhaeuser Co. REIT      
8.50%, 01/15/25 205,000   252,077
6.95%, 10/01/27 30,000   38,401
7.38%, 03/15/32 190,000   270,816
6.88%, 12/15/33 250,000   345,700
Williams Cos., Inc. (The)      
7.50%, 01/15/31 40,000   55,767
5.75%, 06/24/44 320,000   422,204
Yum! Brands, Inc.      
4.63%, 01/31/32 195,000   208,406
Total Corporate Bonds
(Cost $117,101,483)
    126,199,422
FOREIGN BONDS — 38.3%
Angola — 0.1%    
Angolan Government International Bond      
9.50%, 11/12/25 200,000   220,754
9.38%, 05/08/48 200,000   207,056
        427,810
Argentina — 0.3%    
Argentine Republic Government International Bond      
1.00%, 07/09/29 136,957   52,388
(Step to 0.75% on 07/09/23), 0.50%, 07/09/30 STEP 828,157   305,772
(Step to 1.50% on 07/09/22), 1.13%, 07/09/35 STEP 1,625,941   535,845
Pampa Energia SA      
7.50%, 01/24/27 144A 750,000   692,625
Provincia de Buenos Aires      
(Step to 5.25% on 09/01/22), 3.90%, 09/01/37 144A  STEP 623,391   286,043
        1,872,673
Australia — 0.2%    
Australia Government Bond      
1.75%, 06/21/51(A) 2,000,000   1,256,169
FMG Resources August 2006 Pty, Ltd.      
4.38%, 04/01/31 144A Δ 100,000   103,460
        1,359,629
 
100

    Par   Value
Austria — 0.4%    
Suzano Austria GmbH      
5.75%, 07/14/26 144A $370,000   $429,015
5.00%, 01/15/30 730,000   810,117
3.75%, 01/15/31 1,450,000   1,491,325
        2,730,457
Azerbaijan — 0.1%    
Southern Gas Corridor CJSC      
6.88%, 03/24/26 510,000   602,198
State Oil Co. of the Azerbaijan Republic      
6.95%, 03/18/30 200,000   247,055
        849,253
Belgium — 0.2%    
Elia Transmission Belgium SA      
0.88%, 04/28/30(E) 500,000   597,016
House of Finance NV (The)      
4.38%, 07/15/26(E) 150,000   178,696
Kingdom of Belgium Government Bond      
3.75%, 06/22/45(E) 18,000   34,438
1.60%, 06/22/47(E)  144A 40,400   55,065
1.70%, 06/22/50(E)  144A 34,000   47,391
Ontex Group NV      
3.50%, 07/15/26(E) 300,000   347,479
        1,260,085
Bermuda — 0.1%    
Bermuda Government International Bond      
3.72%, 01/25/27 200,000   220,002
4.75%, 02/15/29 200,000   232,710
        452,712
Brazil — 1.9%    
Brazil Minas SPE via State of Minas Gerais      
5.33%, 02/15/28 140,000   150,408
Brazil Notas do Tesouro Nacional Serie F      
10.00%, 01/01/23(B) 9,213,000   1,703,234
10.00%, 01/01/25(B) 17,777,000   3,250,427
10.00%, 01/01/27(B) 8,227,000   1,477,530
Brazilian Government International Bond      
10.25%, 01/10/28(B) 2,630,000   497,144
3.88%, 06/12/30 200,000   194,240
5.63%, 01/07/41 230,000   233,153
Itau Unibanco Holding SA      
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.98%), 6.13%, 12/12/22 144A ρ ^ 760,000   767,665
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.98%), 6.13%, 12/12/22ρ ^ 1,110,000   1,121,194
Ultrapar International SA      
5.25%, 10/06/26 144A 1,300,000   1,415,375
    Par   Value
Vale Overseas, Ltd.      
6.88%, 11/21/36 $900,000   $1,200,375
        12,010,745
Canada — 1.1%    
1011778 BC ULC      
3.88%, 01/15/28 144A 720,000   727,992
Air Canada Pass-Through Trust, Series 2020-2, Class A      
5.25%, 04/01/29 144A 459,006   496,578
Canadian Government Bond      
1.00%, 06/01/27(C) 3,265,000   2,555,779
Clarios Global LP      
4.38%, 05/15/26(E) 291,000   349,248
Element Fleet Management Corporation      
1.60%, 04/06/24 144A Δ 25,000   25,370
First Quantum Minerals, Ltd.      
6.50%, 03/01/24 144A 300,000   304,125
7.50%, 04/01/25 144A 350,000   359,478
6.88%, 10/15/27 144A 200,000   211,768
Glencore Finance Canada, Ltd.      
6.00%, 11/15/41 340,000   449,353
MEG Energy Corporation      
7.13%, 02/01/27 144A Δ 1,310,000   1,377,072
Open Text Corporation      
3.88%, 02/15/28 144A 190,000   194,038
        7,050,801
Chile — 0.0%    
Corporation Nacional del Cobre de Chile      
3.63%, 08/01/27 144A 220,000   236,125
China — 5.2%    
Avolon Holdings Funding, Ltd.      
4.25%, 04/15/26 144A 680,000   731,708
China Government Bond      
2.20%, 07/27/25(Y) 49,500,000   7,606,999
3.85%, 12/12/26(Y) 26,000,000   4,290,316
3.48%, 06/29/27(Y) 47,500,000   7,693,836
4.15%, 12/04/27(Y) 19,000,000   3,206,186
3.60%, 06/27/28(Y) 2,000,000   328,663
4.29%, 05/22/29(Y) 24,000,000   4,147,700
3.60%, 05/21/30(Y) 10,000,000   1,666,530
3.95%, 06/29/43(Y) 6,000,000   1,066,534
4.10%, 05/21/45(Y) 1,500,000   271,439
China Minmetals Corporation      
(Variable, 4.72% - U.S. Treasury Yield Curve Rate CMT 5Y), 3.75%, 11/13/22ρ ^ 250,000   255,312
Dianjian International Finance, Ltd.      
(Variable, 6.93% - U.S. Treasury Yield Curve Rate CMT 5Y), 4.60%, 03/13/23ρ ^ 200,000   206,997
Park Aerospace Holdings, Ltd.      
5.25%, 08/15/22 144A 15,000   15,541
4.50%, 03/15/23 144A 190,000   198,585
5.50%, 02/15/24 144A 830,000   905,969
101

GLOBAL BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Sinopec Group Overseas Development 2015, Ltd.      
3.25%, 04/28/25 $250,000   $265,935
        32,858,250
Colombia — 0.7%    
Colombia Government International Bond      
3.00%, 01/30/30Δ 315,000   298,278
6.13%, 01/18/41 100,000   110,146
5.63%, 02/26/44 3,170,000   3,315,471
5.00%, 06/15/45 200,000   195,678
Ecopetrol SA      
5.88%, 09/18/23 140,000   150,955
Millicom International Cellular SA      
5.13%, 01/15/28 144A 540,000   562,005
        4,632,533
Costa Rica — 0.1%    
Costa Rica Government International Bond      
7.16%, 03/12/45Δ 340,000   341,275
Croatia — 0.0%    
Croatia Government International Bond      
1.50%, 06/17/31(E) 200,000   242,767
Cyprus — 0.0%    
Cyprus Government International Bond      
0.00%, 02/09/26(E) 34,000   39,642
Czech Republic — 0.1%    
Czech Republic Government Bond      
0.95%, 05/15/30 17,870,000   747,662
Denmark — 0.0%    
DKT Finance ApS      
7.00%, 06/17/23(E) Δ 204,000   241,109
Dominican Republic — 0.1%    
Dominican Republic International Bond      
6.00%, 07/19/28 300,000   339,753
6.85%, 01/27/45 220,000   246,127
        585,880
Ecuador — 0.1%    
Ecuador Government International Bond      
4.72%, 07/31/30Ω 16,866   9,045
(Step to 5.50% on 07/31/22), 5.00%, 07/31/30 STEP 69,140   58,078
(Step to 2.50% on 07/31/22), 1.00%, 07/31/35 STEP 318,778   211,592
(Step to 1.50% on 07/31/22), 0.50%, 07/31/40 STEP 59,020   34,343
        313,058
Egypt — 0.3%    
Egypt Government International Bond      
7.60%, 03/01/29 400,000   415,624
    Par   Value
6.38%, 04/11/31(E) $1,200,000   $1,367,001
7.90%, 02/21/48 200,000   183,250
        1,965,875
El Salvador — 0.0%    
El Salvador Government International Bond      
7.12%, 01/20/50 150,000   103,876
France — 1.6%    
Accor SA      
(Variable, 3.25% - EUR Swap Rate 5Y), 2.63%, 01/30/25(E) ρ ^ 400,000   447,413
Altice France SA      
7.38%, 05/01/26 144A 390,000   405,152
3.38%, 01/15/28(E) 500,000   558,709
Banijay Group SAS      
6.50%, 03/01/26(E) 222,000   268,970
BNP Paribas SA      
(Variable, USD Swap 5Y + 5.15%), 7.38%, 08/19/25 144A ρ Δ ^ 740,000   858,914
(Variable, Euribor 3M + 1.80%), 2.13%, 01/23/27(E) ^ 300,000   374,489
(Variable, U.S. SOFR + 0.91%), 1.68%, 06/30/27 144A ^ 210,000   209,161
(Variable, USD Swap 5Y + 3.98%), 7.00%, 08/16/28 144A ρ ^ 300,000   358,445
(Variable, U.S. SOFR + 1.51%), 3.05%, 01/13/31 144A ^ 625,000   655,100
Constellium SE      
4.25%, 02/15/26(E) 285,000   334,926
Electricite de France SA      
(Variable, GBP Swap Rate 13Y + 3.96%), 6.00%, 01/29/26(U) ρ ^ 700,000   1,043,964
Faurecia SE      
2.38%, 06/15/27(E) 365,000   425,958
French Republic Government Bond OAT      
2.10%, 07/25/23(E)  144A 215,809   312,886
0.10%, 03/01/25(E) 150,000   196,391
1.00%, 05/25/27(E) 27,925   34,810
0.10%, 03/01/28(E) 178,756   244,396
1.50%, 05/25/31(E) 136,073   179,075
0.00%, 11/25/31(E) 158,000   180,156
0.10%, 03/01/32(E) 49,600   67,952
Kapla Holding SAS      
3.38%, 12/15/26(E) 200,000   233,088
La Financiere Atalian SASU      
4.00%, 05/15/24(E) 200,000   228,105
Loxam SAS      
3.75%, 07/15/26(E) 650,000   771,374
5.75%, 07/15/27(E) 530,000   641,865
Orange SA      
0.50%, 09/04/32(E) 400,000   458,945
 
102

    Par   Value
Paprec Holding SA      
4.00%, 03/31/25(E) $255,000   $301,427
        9,791,671
Germany — 2.8%    
Allianz SE      
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.17%), 3.20%, 10/30/27 144A ρ ^ 3,200,000   3,112,000
APCOA Parking Holdings GmbH      
4.63%, 01/15/27(E)  144A 100,000   117,385
Bundesrepublik Deutschland Bundesanleihe      
1.00%, 08/15/24(E) 780,000   948,354
0.00%, 02/15/31(E) 5,423,255   6,423,486
Bundesschatzanweisungen      
0.00%, 12/15/22(E) 1,350,000   1,577,221
CeramTec BondCo GmbH      
5.25%, 12/15/25(E) 300,000   355,515
Cheplapharm Arzneimittel GmbH      
4.38%, 01/15/28(E)  144A 680,000   820,682
Deutsche Bundesrepublik Inflation Linked Bond      
0.10%, 04/15/33(E) 15,000   22,235
0.10%, 04/15/46(E) 3,700   7,106
EnBW Energie Baden-Wuerttemberg AG      
(Variable, 3.63% - EUR Swap Rate 5Y), 3.38%, 04/05/77(E) ^ 135,000   157,907
IHO Verwaltungs GmbH      
PIK 4.63%, 3.88%, 05/15/27(E) 215,000   256,041
Infineon Technologies AG      
(Variable, 4.00% - EUR Swap Rate 5Y), 3.63%, 01/01/28(E) ρ ^ 100,000   128,276
Kreditanstalt fuer Wiederaufbau      
0.00%, 09/15/31(E) 33,000   38,147
Renk AG      
5.75%, 07/15/25(E)  144A 210,000   253,470
Schenck Process Holding GmbH      
5.38%, 06/15/23(E)  144A 340,000   397,480
5.38%, 06/15/23(E) 200,000   233,812
SGL Carbon SE      
4.63%, 09/30/24(E) 480,000   567,776
TK Elevator Holdco GmbH      
6.63%, 07/15/28(E) 238,500   294,022
6.63%, 07/15/28(E)  144A 243,000   299,569
TK Elevator Midco GmbH      
4.38%, 07/15/27(E)  144A 350,000   424,175
TUI Cruises GmbH      
6.50%, 05/15/26(E)  144A 120,000   143,624
Volkswagen Bank GmbH      
1.25%, 12/15/25(E) 782,000   944,585
        17,522,868
    Par   Value
Ghana — 0.3%    
Ghana Government International Bond      
7.63%, 05/16/29 144A $640,000   $609,709
7.63%, 05/16/29 200,000   190,534
10.75%, 10/14/30 200,000   242,110
10.75%, 10/14/30 144A 340,000   411,587
7.88%, 02/11/35 200,000   180,488
        1,634,428
Hungary — 0.0%    
Hungary Government International Bond      
1.75%, 06/05/35(E) 19,000   23,153
India — 0.0%    
Indian Railway Finance Corporation, Ltd.      
2.80%, 02/10/31 144A 200,000   193,532
Indonesia — 2.7%    
Indonesia Government International Bond      
0.90%, 02/14/27(E) 120,000   140,496
1.40%, 10/30/31(E) 100,000   117,596
5.25%, 01/17/42 144A 1,940,000   2,364,070
5.25%, 01/17/42 630,000   767,714
4.20%, 10/15/50 3,480,000   3,863,042
Indonesia Treasury Bond      
7.00%, 05/15/27(I) 48,282,000,000   3,619,674
8.25%, 05/15/29(I) 76,029,000,000   5,994,671
Perusahaan Perseroan Persero PT Perusahaan Listrik Negara      
5.45%, 05/21/28Δ 200,000   232,750
        17,100,013
Ireland — 0.5%    
AerCap Ireland Capital DAC      
4.50%, 09/15/23 220,000   234,465
4.45%, 10/01/25 400,000   437,458
1.75%, 01/30/26 540,000   534,744
Ardagh Packaging Finance PLC      
5.25%, 08/15/27 144A 300,000   305,812
GE Capital International Funding Co. Unlimited Co.      
3.37%, 11/15/25 246,000   266,765
4.42%, 11/15/35 829,000   995,686
Ireland Government Bond      
0.20%, 10/18/30(E) 20,000   23,430
0.55%, 04/22/41(E) 36,000   40,863
Motion Bondco DAC      
4.50%, 11/15/27(E) 330,000   367,349
        3,206,572
Israel — 0.1%    
Energean Israel Finance, Ltd.      
5.38%, 03/30/28 144A Δ 65,000   66,719
103

GLOBAL BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
5.88%, 03/30/31 144A $90,000   $92,642
Israel Government International Bond      
3.38%, 01/15/50 200,000   212,581
Summit Properties, Ltd.      
2.00%, 01/31/25(E) 265,000   304,293
        676,235
Italy — 2.2%    
Autostrade per l'Italia SpA      
1.88%, 09/26/29(E) 487,000   590,054
Centurion Bidco SpA      
5.88%, 09/30/26(E) 230,000   279,491
doValue SpA      
5.00%, 08/04/25(E) 320,000   388,279
Guala Closures SpA      
3.25%, 06/15/28(E) 100,000   116,207
International Design Group SpA      
(Floating, 4.25% - Euribor 3M), 4.25%, 05/15/26(E)  144A † 250,000   291,450
Italy Buoni Poliennali Del Tesoro      
0.40%, 04/11/24(E)  144A 572,000   701,947
1.45%, 05/15/25(E) 81,000   99,134
1.40%, 05/26/25(E)  144A 104,000   133,359
1.60%, 06/01/26(E) 87,000   107,890
3.10%, 09/15/26(E)  144A 19,000   30,999
2.05%, 08/01/27(E) 4,240,000   5,411,361
1.35%, 04/01/30(E) 2,088,000   2,551,604
0.40%, 05/15/30(E)  144A 50,000   66,398
0.60%, 08/01/31(E)  144A 1,301,000   1,471,471
0.95%, 12/01/31(E)  144A 55,000   63,974
1.50%, 04/30/45(E)  144A 7,000   7,898
Mooney Group SpA      
(Floating, 3.88% - Euribor 3M), 3.88%, 12/17/26(E) † 300,000   348,634
Telecom Italia Capital SA      
6.38%, 11/15/33 255,000   297,062
Telecom Italia SpA      
5.30%, 05/30/24 144A 340,000   366,724
3.63%, 05/25/26(E) 255,000   326,829
        13,650,765
Ivory Coast — 0.3%    
Ivory Coast Government International Bond      
5.25%, 03/22/30(E) 460,000   554,153
5.88%, 10/17/31(E) 200,000   242,220
4.88%, 01/30/32(E)  144A 340,000   384,624
4.88%, 01/30/32(E) 210,000   237,562
5.75%, 12/31/32 144A  STEP 334,153   335,406
        1,753,965
Japan — 0.3%    
Japan Government Ten Year Bond      
0.10%, 12/20/28(J) 140,000,000   1,269,973
Japan Government Thirty Year Bond      
0.70%, 12/20/48(J) 30,000,000   275,200
SoftBank Group Corporation      
5.00%, 04/15/28(E) 245,000   298,201
        1,843,374
    Par   Value
Jersey — 0.1%    
Avis Budget Finance PLC      
4.75%, 01/30/26(E) $100,000   $118,533
CPUK Finance, Ltd.      
6.50%, 08/28/26(U) 100,000   142,319
        260,852
Kazakhstan — 0.3%    
Kazakhstan Government International Bond      
2.38%, 11/09/28(E) 300,000   387,499
KazMunayGas National Co. JSC      
5.38%, 04/24/30 144A 500,000   591,210
5.38%, 04/24/30 300,000   354,726
KazTransGas JSC      
4.38%, 09/26/27 144A Δ 630,000   695,627
        2,029,062
Luxembourg — 0.5%    
Altice Finco SA      
4.75%, 01/15/28(E) 679,000   749,908
Altice France Holding SA      
8.00%, 05/15/27(E) 300,000   370,571
ARD Finance SA      
Cash Coupon 5.00% or PIK 5.75%, 5.00%, 06/30/27(E) 1,050,000   1,265,791
Vivion Investments S.a.r.l.      
3.00%, 08/08/24(E) Δ 300,000   339,843
3.50%, 11/01/25(E) 200,000   230,240
        2,956,353
Mexico — 2.9%    
Banco Mercantil del Norte SA      
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 5.04%), 6.88%, 07/06/22 144A ρ ^ 260,000   266,634
(Variable, U.S. Treasury Yield Curve Rate CMT 10Y + 5.47%), 7.50%, 06/27/29 144A ρ ^ 1,125,000   1,255,950
Banco Santander Mexico SA Institucion de Banca Multiple Grupo Financiero Santand      
5.38%, 04/17/25 144A 580,000   648,991
BBVA Bancomer SA      
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.65%), 5.13%, 01/18/33 144A ^ 630,000   657,654
Cemex SAB de CV      
3.88%, 07/11/31 144A 400,000   400,740
Mexican Bonos      
8.00%, 12/07/23(M) 5,818,600   291,831
7.50%, 06/03/27(M) 151,900,000   7,482,806
7.75%, 11/13/42(M) 76,750,000   3,682,971
Mexico Government International Bond      
2.88%, 04/08/39(E) 700,000   830,305
5.75%, 10/12/10« 320,000   365,222
 
104

    Par   Value
Orbia Advance Corp SAB de CV      
5.88%, 09/17/44 144A $1,100,000   $1,363,890
Orbia Advance Corporation SAB de CV      
2.88%, 05/11/31 144A 200,000   201,500
Petroleos Mexicanos      
4.75%, 02/26/29(E) 400,000   459,740
5.95%, 01/28/31 140,000   135,902
7.69%, 01/23/50 390,000   369,823
        18,413,959
Mongolia — 0.0%    
Mongolia Government International Bond      
8.75%, 03/09/24 200,000   227,262
Morocco & Antilles — 0.1%    
OCP SA      
5.63%, 04/25/24 144A 350,000   380,477
4.50%, 10/22/25 144A 320,000   344,466
        724,943
Netherlands — 2.3%    
Abertis Infraestructuras Finance BV      
(Variable, 3.69% - EUR Swap Rate 5Y), 3.25%, 11/24/25(E) ρ ^ 100,000   119,075
ABN AMRO Bank NV      
7.13%, 07/06/22(E) 540,000   659,937
Cooperatieve Rabobank UA      
5.75%, 12/01/43 630,000   884,142
Dufry One BV      
2.00%, 02/15/27(E) 345,000   381,848
E.ON International Finance BV      
6.38%, 06/07/32(U) Δ 155,000   290,791
Embraer Netherlands Finance BV      
5.40%, 02/01/27 130,000   138,451
Equate Petrochemical BV      
4.25%, 11/03/26 144A 380,000   419,167
IPD 3 BV      
5.50%, 12/01/25(E)  144A 560,000   679,735
5.50%, 12/01/25(E) 417,000   506,160
Lincoln Financing S.a.r.l.      
3.63%, 04/01/24(E) 215,000   251,554
(Floating, 3.88% - Euribor 3M), 3.88%, 04/01/24(E) † 118,000   137,043
Maxeda DIY Holding BV      
5.88%, 10/01/26(E) 200,000   237,871
Petrobras Global Finance BV      
6.25%, 03/17/24 2,110,000   2,359,518
6.88%, 01/20/40 80,000   91,829
6.90%, 03/19/49 880,000   981,442
Prosus NV      
3.83%, 02/08/51 1,020,000   930,221
Repsol International Finance BV      
(Variable, EUR Swap Rate 10Y + 4.20%), 4.50%, 03/25/75(E) ^ 530,000   669,698
Summer BidCo BV      
Cash Coupon 9.00% or PIK 9.75%, 9.00%, 11/15/25(E) 446,767   530,564
    Par   Value
Syngenta Finance NV      
4.44%, 04/24/23 144A $460,000   $480,983
Teva Pharmaceutical Finance Netherlands II BV      
4.50%, 03/01/25(E) 635,000   764,974
1.88%, 03/31/27(E) 200,000   217,002
United Group BV      
3.13%, 02/15/26(E) 200,000   224,598
UPC Holding BV      
5.50%, 01/15/28 144A 310,000   324,872
3.88%, 06/15/29(E) 300,000   357,525
Volkswagen International Finance NV      
(Variable, 3.96% - EUR Swap Rate 9Y), 3.88%, 06/17/29(E) ρ ^ 300,000   386,098
Wintershall Dea Finance 2 BV      
(Variable, 3.32% - EUR Swap Rate 5Y), 3.00%, 07/20/28(E) ρ ^ 200,000   229,994
ZF Europe Finance BV      
3.00%, 10/23/29(E) 700,000   845,247
Ziggo BV      
4.25%, 01/15/27(E) 320,800   382,573
        14,482,912
Nigeria — 0.3%    
Nigeria Government International Bond      
7.14%, 02/23/30 144A 440,000   449,784
7.88%, 02/16/32 200,000   208,469
7.63%, 11/28/47 144A 940,000   908,914
        1,567,167
Norway — 0.2%    
Adevinta ASA      
3.00%, 11/15/27(E)  144A 540,000   644,417
3.00%, 11/15/27(E) 150,000   179,005
Aker BP ASA      
3.75%, 01/15/30 144A 150,000   160,686
4.00%, 01/15/31 144A 150,000   163,260
        1,147,368
Oman — 0.1%    
Oman Government International Bond      
6.00%, 08/01/29 200,000   210,866
6.75%, 01/17/48 200,000   198,547
        409,413
Panama — 0.4%    
Panama Government International Bond      
3.75%, 03/16/25 860,000   924,242
6.70%, 01/26/36 202,000   269,344
4.50%, 04/01/56 1,140,000   1,244,538
        2,438,124
Paraguay — 0.0%    
Paraguay Government International Bond      
6.10%, 08/11/44 200,000   244,502
105

GLOBAL BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Peru — 0.8%    
Peruvian Government International Bond      
2.39%, 01/23/26 $1,370,000   $1,400,578
1.25%, 03/11/33(E) 200,000   224,106
6.55%, 03/14/37 640,000   865,514
Petroleos del Peru SA      
5.63%, 06/19/47 144A 750,000   750,442
Transportadora de Gas del Peru SA      
4.25%, 04/30/28 144A 1,670,000   1,813,603
Volcan Cia Minera SAA, Class B      
4.38%, 02/11/26 144A 20,000   19,498
        5,073,741
Philippines — 0.0%    
Philippine Government International Bond      
1.75%, 04/28/41(E) Δ 100,000   115,939
Poland — 0.4%    
Republic of Poland Government Bond      
2.75%, 04/25/28(P) 5,370,000   1,438,549
1.25%, 10/25/30(P) 3,060,000   719,020
        2,157,569
Qatar — 0.1%    
Qatar Government International Bond      
4.82%, 03/14/49 200,000   257,727
Romania — 0.3%    
RCS & RDS SA      
3.25%, 02/05/28(E) 200,000   232,089
Romanian Government International Bond      
3.62%, 05/26/30(E) 42,000   54,855
1.75%, 07/13/30(E) 41,000   46,522
2.00%, 04/14/33(E)  144A 560,000   620,167
3.88%, 10/29/35(E) 248,000   322,731
2.88%, 04/13/42(E) 18,000   19,535
4.63%, 04/03/49(E) 100,000   135,836
3.38%, 01/28/50(E) 84,000   95,965
        1,527,700
Russia — 1.5%    
Russian Federal Bond - OFZ      
7.05%, 01/19/28(Q) 423,153,000   5,789,406
7.25%, 05/10/34(Q) 262,547,000   3,576,298
Russian Foreign Bond - Eurobond      
5.10%, 03/28/35 200,000   239,822
        9,605,526
Senegal — 0.0%    
Senegal Government International Bond      
4.75%, 03/13/28(E) 100,000   120,812
Serbia — 0.0%    
Serbia International Bond      
1.50%, 06/26/29(E) 190,000   217,743
Slovakia — 0.0%    
Slovakia Government Bond      
0.38%, 04/21/36(E) 18,400   21,121
    Par   Value
South Africa — 1.2%    
Republic of South Africa Government Bond      
6.25%, 03/31/36(S) $2,140,000   $98,387
6.50%, 02/28/41(S) 56,596,000   2,457,395
Republic of South Africa Government International Bond      
4.88%, 04/14/26 200,000   214,272
4.85%, 09/27/27 200,000   210,000
4.85%, 09/30/29 2,190,000   2,256,547
5.88%, 06/22/30Δ 200,000   221,144
5.75%, 09/30/49 2,420,000   2,311,632
        7,769,377
South Korea — 0.1%    
Export-Import Bank of Korea      
6.75%, 08/09/22(I) 4,500,000   61,764
4.89%, 08/09/23 144A ††† 24,800,000   333,074
        394,838
Spain — 0.6%    
Banco Santander SA      
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.45%), 0.70%, 06/30/24^ 200,000   200,422
Iberdrola Finanzas SA      
7.38%, 01/29/24(U) 100,000   154,812
Spain Government Bond      
0.80%, 07/30/27(E)  144A 26,000   31,695
1.40%, 07/30/28(E)  144A 73,000   92,592
0.50%, 10/31/31(E)  144A 1,307,000   1,520,696
1.00%, 07/30/42(E)  144A 58,000   66,307
Spain Government Inflation Linked Bond      
0.65%, 11/30/27(E)  144A 580,000   829,712
Tendam Brands SAU      
5.00%, 09/15/24(E)  144A 510,000   586,610
(Floating, 5.25% - Euribor 3M), 5.25%, 09/15/24(E)  144A † 160,000   184,940
(Floating, 5.25% - Euribor 3M), 5.25%, 09/15/24(E) † 160,000   184,940
        3,852,726
Sri Lanka — 0.1%    
Sri Lanka Government International Bond      
6.85%, 11/03/25 200,000   126,188
6.75%, 04/18/28 500,000   306,470
        432,658
Supranational — 0.1%    
Banque Ouest Africaine de Developpement      
5.00%, 07/27/27 200,000   224,707
European Union      
0.00%, 07/06/26(E) 68,000   80,299
0.00%, 10/04/28(E) 46,000   54,037
0.00%, 04/22/31(E) 32,000   37,071
 
106

    Par   Value
International Finance Corporation      
5.85%, 11/25/22(I) $5,190,000   $70,815
        466,929
Sweden — 0.2%    
Intrum AB      
3.50%, 07/15/26(E) 325,000   385,440
Samhallsbyggnadsbolaget i Norden AB      
(Variable, 2.81% - EUR Swap Rate 5Y), 2.62%, 01/30/25(E) ρ ^ 321,000   373,646
Unilabs Subholding AB      
5.75%, 05/15/25(E) 299,000   351,683
Verisure Midholding AB      
5.25%, 02/15/29(E)  144A 240,000   285,832
        1,396,601
Switzerland — 0.7%    
Cidron Aida Finco S.a.r.l.      
6.25%, 04/01/28(U)  144A 580,000   791,964
Credit Suisse Group AG      
(Variable, USD Swap 5Y + 4.60%), 7.50%, 07/17/23 144A ρ ^ 330,000   353,677
(Variable, EUR Swap Rate 1Y + 0.75%), 1.25%, 07/17/25(E) ^ 500,000   596,108
(Variable, U.S. SOFR + 1.73%), 3.09%, 05/14/32 144A ^ 335,000   342,801
UBS Group AG      
(Variable, USD Swap 5Y + 4.34%), 7.00%, 01/31/24 144A ρ ^ 1,420,000   1,550,150
(Variable, EUR Swap Rate 1Y + 0.75%), 1.25%, 04/17/25(E) ^ 400,000   478,809
        4,113,509
Turkey — 0.6%    
Turkey Government International Bond      
6.38%, 10/14/25 200,000   205,776
4.75%, 01/26/26 1,320,000   1,277,748
4.88%, 10/09/26 300,000   288,219
6.00%, 03/25/27 1,570,000   1,569,254
4.88%, 04/16/43 500,000   390,225
Turkiye Ihracat Kredi Bankasi AS      
5.38%, 10/24/23 200,000   205,019
        3,936,241
Ukraine — 0.1%    
Ukraine Government International Bond      
6.75%, 06/20/26(E) 200,000   252,110
9.75%, 11/01/28 250,000   293,936
7.25%, 03/15/33 200,000   203,155
        749,201
United Arab Emirates — 0.4%    
Abu Dhabi Crude Oil Pipeline LLC      
4.60%, 11/02/47 200,000   236,731
    Par   Value
DP World Crescent, Ltd.      
3.88%, 07/18/29 $200,000   $216,474
DP World, Ltd.      
5.63%, 09/25/48 144A 970,000   1,200,375
5.63%, 09/25/48 600,000   742,500
        2,396,080
United Kingdom — 2.1%    
Anglo American Capital PLC      
4.75%, 04/10/27 144A 200,000   227,769
3.38%, 03/11/29(U) 250,000   363,961
2.88%, 03/17/31 144A 200,000   200,898
Antofagasta PLC      
2.38%, 10/14/30 144A 300,000   289,878
Aviva PLC      
(Variable, UK Gilts 5Y + 2.40%), 6.13%, 09/29/22(U) ρ ^ 490,000   692,429
Barclays Bank PLC      
7.63%, 11/21/22 291,000   312,014
Barclays PLC      
(Variable, EUR Swap Rate 1Y + 0.78%), 1.38%, 01/24/26(E) ^ 300,000   361,590
(Variable, U.S. SOFR + 2.71%), 2.85%, 05/07/26^ 380,000   399,279
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.41%), 4.38%, 03/15/28ρ Δ ^ 200,000   200,360
Bellis Finco PLC      
4.00%, 02/16/27(U) 213,000   280,988
British Telecommunications PLC      
3.25%, 11/08/29 144A 475,000   497,273
Constellation Automotive Financing PLC      
4.88%, 07/15/27(U) 100,000   134,006
eG Global Finance PLC      
4.38%, 02/07/25(E) 440,000   507,646
HSBC Holdings PLC      
(Variable, USD ICE Swap Rate 5Y + 4.37%), 6.38%, 03/30/25ρ ^ 400,000   437,118
(Variable, USD ICE Swap Rate 5Y + 3.75%), 6.00%, 05/22/27ρ Δ ^ 400,000   439,500
Iceland Bondco PLC      
4.63%, 03/15/25(U) Δ 230,000   289,600
INEOS Finance PLC      
2.88%, 05/01/26(E) 250,000   292,482
INEOS Quattro Finance 1 PLC      
3.75%, 07/15/26(E)  144A 110,000   131,172
Jaguar Land Rover Automotive PLC      
5.88%, 11/15/24(E) 215,000   266,046
Lloyds Banking Group PLC      
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 1.10%), 1.33%, 06/15/23^ 310,000   312,028
Miller Homes Group Holdings PLC      
5.50%, 10/15/24(U) 530,000   724,494
107

GLOBAL BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
National Express Group PLC      
(Variable, UK Gilts 5Y + 4.14%), 4.25%, 11/26/25(U) ρ ^ $200,000   $279,860
National Grid Electricity Transmission PLC      
0.19%, 01/20/25(E) 154,000   179,732
Natwest Group PLC      
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 0.90%), 1.64%, 06/14/27^ 200,000   200,109
(Variable, U.S. Treasury Yield Curve Rate CMT 1Y + 2.55%), 3.07%, 05/22/28^ 545,000   579,013
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.35%), 3.03%, 11/28/35^ 200,000   200,438
NGG Finance PLC      
(Variable, GBP Swap Rate 12Y + 3.48%), 5.63%, 06/18/73(U) ^ 296,000   442,639
Santander UK Group Holdings PLC      
(Variable, GBP Swap Rate 5Y + 5.54%), 7.38%, 06/24/22(U) ρ ^ 820,000   1,145,283
SSE PLC      
1.75%, 04/16/30(E) 350,000   438,147
Tesco Property Finance 6 PLC      
5.41%, 07/13/44(U) 382,062   660,032
United Kingdom Gilt      
4.50%, 09/07/34(U) 220,000   414,644
Virgin Media Secured Finance PLC      
4.25%, 01/15/30(U) Δ 890,000   1,214,176
Vodafone Group PLC      
5.25%, 05/30/48 190,000   246,313
        13,360,917
Total Foreign Bonds
(Cost $242,432,717)
  240,587,665
LOAN AGREEMENTS — 2.0%
1011778 B.C. Unlimited Liability Company Term B-4 Loan      
(Floating, ICE LIBOR USD 1M + 1.75%), 1.84%, 11/19/26† 454,221   449,488
Allied Universal Holdco LLC Initial U.S. Dollar Term Loan      
(Floating, ICE LIBOR USD 3M + 3.75%, 0.50% Floor), 4.25%, 05/12/28† 493,750   494,730
Apollo Commercial Real Estate Finance, Inc. Initial Term Loan      
(Floating, ICE LIBOR USD 1M + 2.75%), 2.83%, 05/15/26† 496,192   489,369
Asurion LLC New B-7 Term Loan      
(Floating, ICE LIBOR USD 1M + 3.00%), 3.08%, 11/03/24† 519,266   514,398
Asurion LLC New B-8 Term Loan      
(Floating, ICE LIBOR USD 1M + 3.25%), 3.33%, 12/23/26† 158,800   156,644
Asurion LLC Replacement B-6 Term Loan      
(Floating, ICE LIBOR USD 1M + 3.13%), 3.21%, 11/03/23† 264,965   263,778
    Par   Value
Bausch Health Companies, Inc. Initial Term Loan      
(Floating, ICE LIBOR USD 1M + 3.00%), 3.08%, 06/02/25† $221,534   $221,506
Berry Global, Inc. Term Z Loan      
(Floating, ICE LIBOR USD 2M + 1.75%), 1.86%, 07/01/26† 446,802   444,903
Brookfield WEC Holdings, Inc. Initial Term Loan      
(Floating, ICE LIBOR USD 1M + 2.75%, 0.50% Floor), 3.25%, 08/01/25† 85,652   85,155
Charter Communications Operating LLC Term B-2 Loan      
0.00%, 02/01/27Σ 1,263   1,256
(Floating, ICE LIBOR USD 1M + 1.75%), 1.84%, 02/01/27† 494,940   492,327
Cloudera, Inc. Term Loan      
(Floating, ICE LIBOR USD 1M + 2.50%, 0.75% Floor), 3.25%, 12/22/27† 895,500   895,406
CWGS Group LLC Initial Term Loan      
(Floating, ICE LIBOR USD 1M + 2.50%, 0.75% Floor), 3.25%, 06/03/28† 138,217   137,699
Energizer Holdings, Inc. 2020 Term Loan      
(Floating, ICE LIBOR USD 1M + 2.25%, 0.50% Floor), 2.75%, 12/22/27† 895,500   896,431
Entercom Media Corporation Term B-2 Loan      
(Floating, ICE LIBOR USD 1M + 2.50%), 2.59%, 11/18/24† 161,940   159,942
Focus Financial Partners LLC Tranche B-3 Term Loan      
(Floating, ICE LIBOR USD 1M + 2.00%), 2.08%, 07/03/24† 274,329   272,742
Four Seasons Holdings, Inc. Term Loan 2013      
(Floating, ICE LIBOR USD 1M + 2.00%), 2.09%, 11/30/23† 225,270   224,848
Froneri International Limited Facility B1      
(Floating, ICE EURIBOR USD 3M + 2.38%), 2.38%, 01/29/27† 380,000   431,277
Garda World Security Corporation Term B-2 Loan      
(Floating, ICE LIBOR USD 1M + 4.25%), 4.34%, 10/30/26† 405,368   406,534
Genesee & Wyoming, Inc. Initial Term Loan      
(Floating, ICE LIBOR USD 3M + 2.00%), 2.13%, 12/30/26† 177,300   176,413
Global Medical Response, Inc. 2021 Refinancing Term Loan      
(Floating, ICE LIBOR USD 3M + 4.75%, 1.00% Floor), 5.75%, 10/02/25† 355,383   357,204
 
108

    Par   Value
INEOS Styrolution Group GmbH 2026 Tranche B Euro Term Loan      
(Floating, ICE EURIBOR USD 1M + 2.75%), 2.75%, 01/29/26† $450,000   $518,534
Level 3 Financing, Inc. Tranche B 2027 Term Loan      
(Floating, ICE LIBOR USD 1M + 1.75%), 1.83%, 03/01/27† 574,212   567,904
Mister Car Wash Holdings, Inc. Initial Term Loan      
(Floating, ICE LIBOR USD 1M + 3.00%), 3.08%, 05/14/26† 370,269   369,517
Nexstar Media, Inc. Term B-4 Loan      
(Floating, ICE LIBOR USD 1M + 2.50%), 2.59%, 09/18/26† 103,529   103,562
Option Care Health, Inc. Term B Loan      
(Floating, ICE LIBOR USD 1M + 3.75%), 3.83%, 08/06/26† 579,675   580,182
PPD, Inc. Initial Term Loan      
(Floating, ICE LIBOR USD 1M + 2.00%, 0.50% Floor), 2.50%, 01/13/28† 497,500   497,294
Prime Security Services Borrower LLC 2021 Refinancing Term B-1 Loan      
(Floating, ICE LIBOR USD 3M + 2.75%, 0.75% Floor), 3.50%, 09/23/26† 404,859   404,881
Reynolds Consumer Products LLC Initial Term Loan      
(Floating, ICE LIBOR USD 1M + 1.75%), 1.83%, 02/04/27† 71,472   71,363
Sedgwick Claims Management Services, Inc. Initial Term Loan      
(Floating, ICE LIBOR USD 1M + 3.25%), 3.33%, 12/31/25† 254,761   253,030
Trans Union LLC 2019 Replacement Term B-5 Loan      
(Floating, ICE LIBOR USD 1M + 1.75%), 1.83%, 11/16/26† 75,891   75,518
U.S. Renal Care, Inc. Initial Term Loan      
(Floating, ICE LIBOR USD 1M + 5.00%), 5.08%, 06/26/26† 297,721   297,722
UFC Holdings LLC Term B-3 Loan      
(Floating, ICE LIBOR USD 3M + 2.75%, 0.75% Floor), 3.50%, 04/29/26† 108,843   108,714
Univision Communications, Inc. 2021 Replacement Converted First-Lien Term Loan      
(Floating, ICE LIBOR USD 1M + 3.25%, 0.75% Floor), 4.00%, 03/15/26† 531,210   531,281
Virgin Media Bristol LLC N Facility      
(Floating, ICE LIBOR USD 1M + 2.50%), 2.58%, 01/31/28† 370,000   367,967
    Par   Value
Whatabrands LLC Initial Term B Loan      
(Floating, ICE LIBOR USD 1M + 3.25%, 0.50% Floor), 3.75%, 08/03/28† $510,000   $510,115
Total Loan Agreements
(Cost $12,855,229)
    12,829,634
MORTGAGE-BACKED SECURITIES — 5.0%
510 Asset Backed Trust, Series 2021-NPL1, Class A1      
(Step to 5.24% on 07/25/24), 2.24%, 06/25/61 144A  STEP 113,863   113,959
BANK, Series 2018-BNK15, Class B      
4.81%, 11/15/61† γ 260,000   295,417
BANK, Series 2021-BN35, Class AS      
2.46%, 06/15/64 85,000   85,947
CAFL Issuer LLC, Series 2021-RTL1, Class A1      
(Step to 4.24% on 04/28/25), 2.24%, 03/26/29 144A  STEP 105,000   105,712
CF Trust, Series 2019-MF1, Class E      
(Floating, ICE LIBOR USD 1M + 2.20%, 3.20% Floor), 3.20%, 08/21/32 144A † 560,000   558,908
CIM Trust, Series 2021-NR2, Class A1      
(Step to 5.57% on 04/25/24), 2.57%, 07/25/59 144A  STEP 126,684   127,284
COMM Mortgage Trust, Series 2012-CR3, Class AM      
3.42%, 10/15/45 144A 20,000   20,067
COMM Mortgage Trust, Series 2012-LC4, Class B      
4.93%, 12/10/44 35,000   35,056
Connecticut Avenue Securities Trust, Series 2019-R07, Class 1M2      
(Floating, ICE LIBOR USD 1M + 2.10%), 2.19%, 10/25/39 144A † 225,360   226,643
Connecticut Avenue Securities Trust, Series 2020-R01, Class 1M2      
(Floating, ICE LIBOR USD 1M + 2.05%, 2.05% Floor), 2.14%, 01/25/40 144A † 358,014   360,279
Credit Suisse Commercial Mortgage Trust Series, Series 2007-C5, Class AM      
5.87%, 09/15/40 303   302
CSMC Trust, Series 2021-RPL1, Class A1      
1.67%, 09/27/60 144A † γ 88,011   88,340
CSMC Trust, Series 2021-RPL3, Class M2      
3.75%, 01/25/60 144A 100,000   107,971
109

GLOBAL BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
CSMC Trust, Series 2021-RPL4, Class A1      
1.80%, 12/27/60 144A † γ $137,512   $138,088
CSMC, Series 2014-USA, Class F      
4.37%, 09/15/37 144A 1,610,000   1,266,430
CSMC, Series 2019-RIO, Class B      
(Floating, ICE LIBOR USD 1M + 7.00%, 8.00% Floor), 8.00%, 12/15/21 144A † 1,120,000   1,082,974
Fannie Mae Connecticut Avenue Securities, Series 2017-C04, Class 2M2      
(Floating, ICE LIBOR USD 1M + 2.85%), 2.94%, 11/25/29† 399,524   410,616
Fannie Mae Connecticut Avenue Securities, Series 2018-C01, Class 1M2      
(Floating, ICE LIBOR USD 1M + 2.25%, 2.25% Floor), 2.34%, 07/25/30† 1,888,870   1,915,494
Fannie Mae Connecticut Avenue Securities, Series 2018-C04, Class 2M2      
(Floating, ICE LIBOR USD 1M + 2.55%, 2.55% Floor), 2.64%, 12/25/30† 1,194,144   1,216,511
Fannie Mae Connecticut Avenue Securities, Series 2018-C05, Class 1B1      
(Floating, ICE LIBOR USD 1M + 4.25%, 4.25% Floor), 4.34%, 01/25/31† 270,000   284,887
Federal Home Loan Mortgage Corporation      
3.00%, 03/01/50 97,928   103,172
3.50%, 04/01/50 78,680   83,264
3.00%, 07/01/50 111,208   116,783
Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2020-DNA1, Class B1      
(Floating, ICE LIBOR USD 1M + 2.30%), 2.39%, 01/25/50 144A † 770,000   771,134
Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2020-DNA2, Class M2      
(Floating, ICE LIBOR USD 1M + 1.85%, 1.85% Floor), 1.94%, 02/25/50 144A † 646,672   652,444
Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2020-DNA6, Class M2      
(Floating, U.S. 30-Day Average SOFR + 2.00%), 2.05%, 12/25/50 144A † 310,000   312,821
Federal Home Loan Mortgage Corporation STACR REMIC Trust, Series 2021-DNA3, Class B1      
(Floating, U.S. 30-Day Average SOFR + 3.50%), 3.55%, 10/25/33 144A † 610,000   640,395
    Par   Value
Federal Home Loan Mortgage Corporation STACR Trust, Series 2018-HQA2, Class M2      
(Floating, ICE LIBOR USD 1M + 2.30%), 2.39%, 10/25/48 144A † $1,110,000   $1,126,204
Federal National Mortgage Association      
3.00%, 08/01/46 101,661   107,435
3.00%, 12/01/47 328,209   345,903
3.50%, 08/01/49 177,811   187,800
4.00%, 08/01/49 173,640   186,117
3.50%, 09/01/49 302,121   319,579
4.00%, 10/01/49 247,495   265,269
3.00%, 03/01/50 176,321   186,742
3.00%, 05/01/50 211,276   221,915
3.00%, 07/01/50 59,884   62,965
FHLMC Structured Agency Credit Risk Debt Notes, Series 2017-DNA1, Class B1      
(Floating, ICE LIBOR USD 1M + 4.95%, 4.95% Floor), 5.04%, 07/25/29† 760,000   822,082
FHLMC Structured Agency Credit Risk Debt Notes, Series 2017-HQA2, Class M2      
(Floating, ICE LIBOR USD 1M + 2.65%), 2.74%, 12/25/29† 1,127,916   1,154,170
GCAT Trust, Series 2019-RPL1, Class A1      
2.65%, 10/25/68 144A 63,373   65,113
Government National Mortgage Association      
4.50%, 08/20/48 113,054   121,182
2.50%, 10/01/51 TBA 515,000   531,677
3.00%, 10/01/51 TBA 515,000   538,095
GS Mortgage Securities Corporation II, Series 2018-SRP5, Class C      
(Floating, ICE LIBOR USD 1M + 4.00%, 3.75% Floor), 4.08%, 09/15/31 144A † 1,590,000   504,334
GS Mortgage Securities Trust, Series 2014-GC18, Class AS      
4.38%, 01/10/47 45,000   47,165
GS Mortgage Securities Trust, Series 2014-GC18, Class B      
4.89%, 01/10/47 25,000   24,836
Hawaii Hotel Trust, Series 2019-MAUI, Class F      
(Floating, ICE LIBOR USD 1M + 2.75%, 2.75% Floor), 2.83%, 05/15/38 144A † 780,000   779,430
Hilton U.S.A. Trust, Series 2016-HHV, Class D      
4.33%, 11/05/38 144A † γ 540,000   577,792
Impac Secured Assets Trust, Series 2006-2, Class 2M3      
(Floating, ICE LIBOR USD 1M + 1.65%, 1.65% Floor, 11.50% Cap), 1.74%, 08/25/36† 258,088   262,132
 
110

    Par   Value
JP Morgan Chase Commercial Mortgage Securities Trust, Series 2007-LD12, Class AJ      
6.72%, 02/15/51† γ $2,461   $2,270
JP Morgan Chase Commercial Mortgage Securities Trust, Series 2018-PHMZ, Class M      
(Floating, ICE LIBOR USD 1M + 8.36%, 8.21% Floor), 8.44%, 06/15/35 144A † 1,500,000   180,225
Legacy Mortgage Asset Trust, Series 2020-RPL1, Class A2      
3.25%, 09/25/59 144A 120,000   128,185
PMT Credit Risk Transfer Trust, Series 2021-1R, Class A      
(Floating, ICE LIBOR USD 1M + 2.90%, 2.90% Floor), 3.00%, 02/27/24 144A † 157,524   161,020
PRPM LLC, Series 2021-1, Class A1      
2.12%, 01/25/26 144A † γ 107,215   107,519
PRPM LLC, Series 2021-3, Class A1      
(Step to 4.87% on 05/25/24), 1.87%, 04/25/26 144A  STEP 92,362   92,848
PRPM LLC, Series 2021-5, Class A1      
(Step to 4.79% on 07/25/24), 1.79%, 06/25/26 144A  STEP 96,532   96,718
PRPM LLC, Series 2021-8, Class A1      
1.74%, 09/25/26 144A † γ 100,000   100,684
Radnor RE, Ltd., Series 2021-1, Class M1C      
(Floating, U.S. 30-Day Average SOFR + 2.70%, 2.70% Floor), 2.75%, 12/27/33 144A † 440,000   441,037
Seasoned Credit Risk Transfer Trust, Series 2017-2, Class M1      
4.00%, 08/25/56 144A 440,000   448,137
Seasoned Credit Risk Transfer Trust, Series 2017-2, Class M2      
4.00%, 08/25/56 144A 570,000   588,191
Seasoned Credit Risk Transfer Trust, Series 2020-2, Class M      
4.25%, 11/25/59 144A 1,170,000   1,226,187
SFO Commercial Mortgage Trust, Series 2021-555, Class D      
(Floating, ICE LIBOR USD 1M + 2.40%, 2.40% Floor), 2.48%, 05/15/38 144A † 760,000   766,726
Toorak Mortgage Corporation, Ltd., Series 2021-1, Class A1      
(Step to 3.24% on 01/25/24), 2.24%, 06/25/24 144A  STEP 100,000   100,151
UBS Commercial Mortgage Trust, Series 2017-C3, Class C      
4.45%, 08/15/50† γ 410,000   419,739
UBS Commercial Mortgage Trust, Series 2018-C13, Class B      
4.79%, 10/15/51 270,000   302,355
UBS-Barclays Commercial Mortgage Trust, Series 2012-C2, Class BEC      
4.97%, 05/10/63 144A † γ 123,000   115,848
Uniform Mortgage Backed Securities      
2.00%, 10/01/36 TBA 735,000   757,021
    Par   Value
2.00%, 10/01/50 TBA $610,000   $611,692
3.00%, 10/01/50 TBA 910,000   952,265
2.50%, 10/01/51 TBA 4,175,000   4,304,979
Wells Fargo Commercial Mortgage Trust, Series 2013-LC12, Class B      
4.44%, 07/15/46† γ 25,000   25,069
Wells Fargo Commercial Mortgage Trust, Series 2016-C36, Class B      
3.67%, 11/15/59 25,000   24,865
WFRBS Commercial Mortgage Trust, Series 2012-C6, Class AS      
3.84%, 04/15/45 25,000   25,165
WFRBS Commercial Mortgage Trust, Series 2012-C7, Class AS      
4.09%, 06/15/45 45,000   45,423
WFRBS Commercial Mortgage Trust, Series 2012-C7, Class C      
4.96%, 06/15/45† γ 40,000   30,334
WFRBS Commercial Mortgage Trust, Series 2013-C15, Class B      
4.65%, 08/15/46† γ 35,000   34,985
WFRBS Commercial Mortgage Trust, Series 2014-C20, Class B      
4.38%, 05/15/47 35,000   36,412
Total Mortgage-Backed Securities
(Cost $33,955,925)
    31,684,885
    
  Number of
Contracts
  Notional
Amount
 
PURCHASED OPTION — 0.0%
Call Option — 0.0%
Euro Bund 11/2021, Strike Price $1,710.00, Expires 10/22/21
(Premiums paid $397)
1   $169,820 394
    
    Par  
U.S. TREASURY OBLIGATIONS — 22.6%
U.S. Treasury Bonds      
3.50%, 02/15/39 $3,540,000 4,414,491
4.25%, 05/15/39 30,000 40,903
3.88%, 08/15/40 20,000 26,234
1.75%, 08/15/41 650,000 621,562
2.75%, 08/15/42 90,000 101,317
2.88%, 05/15/43Δ 2,045,000 2,347,516
3.00%, 05/15/45 250,000 294,219
3.00%, 11/15/45 920,000 1,084,809
2.50%, 05/15/46 820,000 887,554
2.25%, 08/15/46 960,000 991,762
2.88%, 11/15/46 1,520,000 1,761,122
3.00%, 05/15/47 60,000 71,196
2.75%, 08/15/47 90,000 102,182
3.13%, 05/15/48 40,000 48,681
3.00%, 08/15/48 630,000 750,832
3.38%, 11/15/48 770,000 981,209
1.25%, 05/15/50 50,000 40,920
1.38%, 08/15/50 3,730,000 3,148,645
111

GLOBAL BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
2.38%, 05/15/51 $870,000   $928,725
2.00%, 08/15/51 2,088,000   2,051,460
        20,695,339
U.S. Treasury Inflationary Index Bonds        
0.13%, 04/15/22 9,685,000   11,024,448
2.13%, 02/15/40 345,000   649,326
1.38%, 02/15/44 1,146,000   1,845,944
0.25%, 02/15/50 628,000   752,827
        14,272,545
U.S. Treasury Notes        
1.50%, 10/31/21 1,000,000   1,001,179
1.50%, 11/30/21 2,445,000   2,450,798
1.88%, 01/31/22 710,000   714,311
2.00%, 02/15/22 90,000   90,656
1.63%, 08/15/22Δ 23,540,000   23,857,356
0.13%, 12/31/22Δ 2,310,000   2,309,729
0.13%, 02/28/23 1,795,000   1,794,019
0.13%, 06/30/23Δ 615,000   613,991
2.88%, 10/31/23 2,975,000   3,133,976
2.75%, 02/15/24Δ 5,655,000   5,974,861
2.38%, 02/29/24 10,000   10,479
1.50%, 10/31/24 570,000   586,877
2.25%, 11/15/24 20,520,000   21,604,514
2.00%, 02/15/25 70,000   73,234
2.88%, 05/31/25 315,000   339,769
0.38%, 11/30/25 26,242,000   25,746,887
1.63%, 02/15/26 6,460,000   6,667,427
1.63%, 05/15/26 340,000   350,758
2.00%, 11/15/26 870,000   913,092
0.88%, 11/15/30Δ 8,550,000   8,115,988
1.25%, 08/15/31Δ 730,000   712,377
        107,062,278
Total U.S. Treasury Obligations
(Cost $138,878,908)
    142,030,162
    
    Shares  
COMMON STOCKS — 0.3%
Communication Services — 0.1%  
Comcast Corporation Class A 492 27,517
T-Mobile US, Inc.* 4,489 573,515
      601,032
Consumer Discretionary — 0.0%  
Home Depot, Inc. (The) 47 15,428
Starbucks Corporation 257 28,350
      43,778
Consumer Staples — 0.0%  
Coca-Cola Co. (The) 527 27,652
Procter & Gamble Co. (The) 207 28,939
Walmart, Inc. 206 28,712
      85,303
    Shares   Value
Energy — 0.1%    
Berry Corporation 2,492   $17,967
Chevron Corporation 263   26,682
Hercules Offshore, Inc.Ψ ††† Δ * 46,644   6,032
Whiting Petroleum Corporation* 1,181   68,982
Williams Cos., Inc. (The) 1,136   29,468
        149,131
Financials — 0.0%    
BlackRock, Inc. 38   31,869
Morgan Stanley 345   33,572
        65,441
Health Care — 0.0%    
Abbott Laboratories 232   27,406
Anthem, Inc. 75   27,960
Bristol-Myers Squibb Co. 385   22,780
Johnson & Johnson 170   27,455
UnitedHealth Group, Inc. 74   28,915
        134,516
Industrials — 0.0%    
Cummins, Inc. 63   14,147
Deere & Co. 75   25,130
Lockheed Martin Corporation 77   26,573
Union Pacific Corporation 127   24,893
United Parcel Service, Inc. Class B 169   30,775
        121,518
Information Technology — 0.1%    
Apple, Inc. 229   32,403
Automatic Data Processing, Inc. 72   14,394
Cisco Systems, Inc. 545   29,664
Corning, Inc. 3,787   138,188
Microsoft Corporation 119   33,549
Texas Instruments, Inc. 79   15,185
        263,383
Materials — 0.0%    
Newmont Corporation 461   25,032
Real Estate — 0.0%    
American Tower Corporation REIT 121   32,115
Utilities — 0.0%    
Duke Energy Corporation 290   28,301
NextEra Energy, Inc. 376   29,524
        57,825
Total Common Stocks
(Cost $4,240,556)
    1,579,074
FOREIGN COMMON STOCKS — 0.0%
Ireland — 0.0%    
Accenture PLC Class A 102   32,632
Jersey — 0.0%    
Clarivate PLCΔ * 59   1,292
Total Foreign Common Stocks
(Cost $28,262)
    33,924
 
112

    Shares   Value
PREFERRED STOCKS — 0.1%
Bank of America Corporation      
7.25%  CONV 387   $558,217
El Paso Energy Capital Trust I      
4.75%, 03/31/28 CONV 2,799   138,690
Wells Fargo & Co.      
7.50%, 02/27/20 CONV 69   102,258
Total Preferred Stocks
(Cost $592,008)
    799,165
FOREIGN PREFERRED STOCK — 0.0%
Jersey — 0.0%    
Clarivate PLC      
5.25%, 06/01/24 CONV
(Cost $128,000)
1,280   110,963
MUTUAL FUNDS — 1.1%
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF
(Cost $7,774,265)
238,000   7,132,860
    Shares   Value
MONEY MARKET FUNDS — 8.2%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø ∞
44,608,237   $44,608,237
Northern Institutional Liquid Assets Portfolio (Shares), 0.03%Ø § 6,907,677   6,907,677
Northern Institutional U.S. Government Portfolio (Shares), 0.00%Ø 31,068   31,068
Total Money Market Funds
(Cost $51,546,982)
    51,546,982
TOTAL INVESTMENTS  —99.8%
(Cost $622,496,098)
    627,590,182
Other Assets in Excess of
Liabilities — 0.2%
    1,560,578
NET ASSETS — 100.0%     $629,150,760
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
30-Year Euro Buxl   12/2021   13   $3,062,006   $(102,121)
Euro-OAT   12/2021   (1)   (192,228)   2,994
10-Year Japanese E-Mini   12/2021   175   23,821,825   (93,859)
Euro-Bobl   12/2021   (17)   (2,657,035)   17,833
Euro-Bund   12/2021   (17)   (3,344,087)   54,812
Euro-Schatz   12/2021   86   11,177,649   (8,621)
90-Day Eurodollar   12/2021   (146)   (36,437,950)   (21,900)
10-Year Commonwealth Treasury Bond   12/2021   16   1,636,442   (29,982)
10-Year Bond   12/2021   13   1,469,248   (27,338)
10-Year U.S. Treasury Note   12/2021   47   6,185,641   (68,406)
U.S. Treasury Long Bond   12/2021   (1)   (159,219)   (9,306)
Ultra 10-Year U.S. Treasury Note   12/2021   (83)   (12,055,750)   161,931
Ultra Long U.S. Treasury Bond   12/2021   (59)   (11,272,688)   296,870
Long GILT   12/2021   31   5,227,440   (143,337)
2-Year U.S. Treasury Note   12/2021   241   53,033,180   (26,576)
5-Year U.S. Treasury Note   12/2021   (381)   (46,764,773)   258,905
90-Day Eurodollar   12/2023   146   36,082,075   (182,500)
Total Futures Contracts outstanding at September 30, 2021           $28,811,776   $79,399
Forward Foreign Currency Contracts outstanding at September 30, 2021:
Expiration Date   Currency
Purchased
  Amount
of Currency
Purchased
  Currency
Sold
  Amount
of Currency
Sold
  Counter-
party
  Net Unrealized
Appreciation
(Depreciation)
10/20/21   U.S. Dollars   263,903,448   Euro   222,765,454   SS   $5,763,563
10/20/21   U.S. Dollars   18,247,359   British Pounds   13,189,452   SS   475,452
10/20/21   U.S. Dollars   15,173,830   Euro   12,826,676   UBS   310,319
10/20/21   U.S. Dollars   15,060,789   Euro   12,744,648   CITI   292,331
10/20/21   U.S. Dollars   8,728,598   Australian Dollars   11,695,488   SC   272,564
10/20/21   U.S. Dollars   11,671,293   Swiss Francs   10,672,502   SC   213,759
113

GLOBAL BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
Expiration Date   Currency
Purchased
  Amount
of Currency
Purchased
  Currency
Sold
  Amount
of Currency
Sold
  Counter-
party
  Net Unrealized
Appreciation
(Depreciation)
10/20/21   U.S. Dollars   4,025,117   Brazilian Reals   21,045,487   CITI   $172,695
10/20/21   U.S. Dollars   11,546,341   Canadian Dollars   14,454,230   SS   134,867
10/20/21   U.S. Dollars   5,292,042   Euro   4,458,467   RBC   125,586
10/20/21   U.S. Dollars   6,145,835   Swiss Francs   5,612,131   RBC   120,895
10/20/21   U.S. Dollars   12,186,665   Japanese Yen   1,344,080,263   SS   108,265
10/19/21   U.S. Dollars   2,501,031   South African Rand   36,380,000   GSC   91,493
10/20/21   U.S. Dollars   4,990,920   Swedish Kronor   42,984,548   SC   80,159
10/20/21   U.S. Dollars   2,266,804   Australian Dollars   3,025,782   RBC   79,113
10/20/21   Russian Rubles   153,573,124   U.S. Dollars   2,024,869   UBS   78,659
10/19/21   U.S. Dollars   3,844,483   Euro   3,250,000   CITI   78,466
10/18/21   Indian Rupees   301,423,535   U.S. Dollars   3,984,870   CITI   65,804
10/20/21   Russian Rubles   215,803,022   U.S. Dollars   2,891,662   SC   64,243
10/20/21   U.S. Dollars   4,100,288   New Zealand Dollars   5,851,338   CITI   61,286
10/20/21   U.S. Dollars   772,582   Chilean Pesos   580,293,801   CITI   58,355
10/20/21   U.S. Dollars   1,669,367   British Pounds   1,202,559   RBC   48,999
10/20/21   U.S. Dollars   2,174,939   Brazilian Reals   11,616,521   SC   48,509
10/19/21   Russian Rubles   105,720,000   U.S. Dollars   1,401,444   GSC   46,843
10/20/21   U.S. Dollars   5,507,086   New Zealand Dollars   7,910,548   SC   46,672
10/20/21   U.S. Dollars   791,621   Hungarian Forint   234,839,935   UBS   35,269
10/20/21   U.S. Dollars   2,855,602   Canadian Dollars   3,572,441   CITI   35,195
10/20/21   U.S. Dollars   1,108,625   South Korean Won   1,274,951,944   CITI   32,364
10/20/21   U.S. Dollars   1,099,493   Polish Zloty   4,248,028   SS   31,447
10/20/21   U.S. Dollars   2,993,736   Swedish Kronor   25,947,676   BNP   29,351
10/20/21   U.S. Dollars   2,103,628   Norwegian Kroner   18,136,322   CITI   29,265
10/20/21   U.S. Dollars   845,455   Australian Dollars   1,130,213   CITI   28,292
10/20/21   U.S. Dollars   1,906,310   Japanese Yen   209,068,471   SC   27,542
10/20/21   U.S. Dollars   1,110,807   Mexican Pesos   22,528,873   SC   22,687
10/19/21   South African Rand   36,380,000   U.S. Dollars   2,387,922   CITI   21,615
10/20/21   U.S. Dollars   789,832   British Pounds   570,592   CITI   20,998
10/20/21   Chinese Offshore Yuan   17,335,926   U.S. Dollars   2,660,884   SC   20,987
10/20/21   U.S. Dollars   1,160,717   Swiss Francs   1,062,973   UBS   19,555
10/20/21   U.S. Dollars   1,593,181   Japanese Yen   175,204,352   BNP   18,729
10/20/21   U.S. Dollars   468,901   Polish Zloty   1,805,261   SC   15,019
10/20/21   U.S. Dollars   712,887   South African Rand   10,538,726   SS   14,977
10/20/21   U.S. Dollars   565,278   Hungarian Forint   170,955,840   SC   14,679
10/20/21   U.S. Dollars   848,351   Swiss Francs   777,713   SS   13,432
10/20/21   Norwegian Kroner   9,620,403   U.S. Dollars   1,087,719   BNP   12,626
10/20/21   U.S. Dollars   753,450   Canadian Dollars   938,880   RBC   12,213
10/20/21   U.S. Dollars   1,613,653   Canadian Dollars   2,028,920   BNP   11,840
10/20/21   U.S. Dollars   1,500,253   Czech Republic Koruna   32,596,713   BNP   11,240
10/20/21   U.S. Dollars   404,666   Mexican Pesos   8,153,596   BNP   10,857
10/19/21   Euro   794,546   Polish Zloty   3,620,000   CITI   10,552
10/20/21   U.S. Dollars   525,728   Euro   444,705   SC   10,405
10/20/21   U.S. Dollars   410,605   Mexican Pesos   8,317,078   SS   8,899
10/20/21   U.S. Dollars   349,016   South African Rand   5,164,523   BNP   7,004
10/20/21   Turkish Lira   11,918,698   U.S. Dollars   1,320,480   SS   5,463
10/20/21   U.S. Dollars   360,683   New Zealand Dollars   516,418   RBC   4,215
10/20/21   Norwegian Kroner   18,282,171   U.S. Dollars   2,087,311   SC   3,733
10/20/21   U.S. Dollars   749,803   Norwegian Kroner   6,524,089   BNP   3,603
10/18/21   U.S. Dollars   4,054,116   Indian Rupees   301,423,535   CITI   3,443
10/20/21   U.S. Dollars   159,460   Swedish Kronor   1,365,893   RBC   3,414
10/20/21   U.S. Dollars   77,478   Polish Zloty   300,000   UBS   2,051
10/19/21   U.S. Dollars   82,380   Mexican Pesos   1,667,392   CITI   1,834
10/20/21   U.S. Dollars   176,320   Canadian Dollars   221,271   SC   1,629
10/20/21   U.S. Dollars   237,581   New Zealand Dollars   342,059   BNP   1,468
10/20/21   Australian Dollars   158,389   U.S. Dollars   113,460   SC   1,058
114

Expiration Date   Currency
Purchased
  Amount
of Currency
Purchased
  Currency
Sold
  Amount
of Currency
Sold
  Counter-
party
  Net Unrealized
Appreciation
(Depreciation)
10/20/21   U.S. Dollars   98,643   British Pounds   72,499   SC   $955
10/20/21   U.S. Dollars   164,206   Norwegian Kroner   1,427,702   SC   911
10/20/21   U.S. Dollars   91,244   Swedish Kronor   790,706   SS   910
10/20/21   U.S. Dollars   96,332   Japanese Yen   10,647,939   CITI   646
10/20/21   U.S. Dollars   26,036   Swiss Francs   23,842   BNP   440
10/20/21   U.S. Dollars   20,822   Czech Republic Koruna   450,000   UBS   266
10/20/21   U.S. Dollars   7,538   British Pounds   5,453   BNP   190
Subtotal Appreciation                   $9,402,165
10/20/21   South African Rand   1,403   U.S. Dollars   96   RBC   $(3)
10/20/21   Swiss Francs   71,886   U.S. Dollars   77,548   BNP   (374)
10/20/21   Czech Republic Koruna   2,300,136   U.S. Dollars   106,076   RBC   (1,007)
10/20/21   Japanese Yen   10,245,516   U.S. Dollars   93,308   SS   (1,238)
10/20/21   Swedish Kronor   3,431,585   U.S. Dollars   393,364   SC   (1,324)
10/20/21   U.S. Dollars   96,747   Norwegian Kroner   857,967   SC   (1,384)
10/20/21   U.S. Dollars   1,205,450   Japanese Yen   134,296,191   SC   (1,385)
10/20/21   U.S. Dollars   1,017,885   Norwegian Kroner   8,916,706   UBS   (1,973)
10/20/21   Mexican Pesos   2,140,706   U.S. Dollars   105,687   CITI   (2,293)
10/20/21   Polish Zloty   388,709   U.S. Dollars   100,666   CITI   (2,936)
10/20/21   Japanese Yen   41,785,265   U.S. Dollars   378,604   BNP   (3,106)
10/19/21   Brazilian Reals   593,000   U.S. Dollars   111,706   CITI   (3,139)
10/20/21   South African Rand   5,600,314   U.S. Dollars   374,045   BNP   (3,174)
10/20/21   Hungarian Forint   36,669,187   U.S. Dollars   122,020   RBC   (3,919)
10/20/21   Czech Republic Koruna   9,393,086   U.S. Dollars   433,008   SC   (3,933)
10/20/21   Norwegian Kroner   43,113,292   U.S. Dollars   4,935,575   CITI   (4,443)
01/18/22   Indian Rupees   301,423,535   U.S. Dollars   4,013,095   CITI   (4,966)
10/20/21   Swedish Kronor   6,415,372   U.S. Dollars   739,939   BNP   (7,016)
10/20/21   Czech Republic Koruna   16,304,593   U.S. Dollars   751,880   CITI   (7,089)
10/20/21   Polish Zloty   1,957,642   U.S. Dollars   500,763   SC   (8,569)
10/20/21   Japanese Yen   115,825,811   U.S. Dollars   1,049,582   UBS   (8,729)
10/20/21   Polish Zloty   1,433,443   U.S. Dollars   370,482   BNP   (10,084)
10/20/21   Euro   377,880   U.S. Dollars   449,076   RBC   (11,191)
10/20/21   Canadian Dollars   3,920,245   U.S. Dollars   3,107,042   CITI   (12,046)
10/20/21   U.S. Dollars   808,115   Russian Rubles   60,006,563   BNP   (13,809)
10/20/21   U.S. Dollars   1,317,003   Turkish Lira   11,970,755   RBC   (14,731)
10/20/21   British Pounds   588,908   U.S. Dollars   808,813   UBS   (15,298)
10/20/21   Swiss Francs   1,722,526   U.S. Dollars   1,864,984   SC   (15,755)
10/20/21   Mexican Pesos   11,128,938   U.S. Dollars   553,332   RBC   (15,816)
10/20/21   U.S. Dollars   408,893   Russian Rubles   31,011,905   UBS   (15,884)
10/20/21   South African Rand   11,639,916   U.S. Dollars   787,385   SC   (16,551)
10/19/21   Euro   1,210,000   U.S. Dollars   1,419,819   CITI   (17,703)
10/20/21   British Pounds   500,000   U.S. Dollars   694,089   RBC   (20,373)
10/20/21   Euro   707,267   U.S. Dollars   840,542   CITI   (20,962)
01/18/22   U.S. Dollars   2,357,668   South African Rand   36,380,000   CITI   (21,158)
10/20/21   Swiss Francs   1,795,045   U.S. Dollars   1,948,428   CITI   (21,346)
10/20/21   U.S. Dollars   5,503,797   Norwegian Kroner   48,308,887   SS   (21,586)
10/20/21   Polish Zloty   3,151,405   U.S. Dollars   815,660   SS   (23,329)
10/20/21   Mexican Pesos   25,598,581   U.S. Dollars   1,261,117   BNP   (24,734)
10/20/21   Japanese Yen   354,017,936   U.S. Dollars   3,209,990   CITI   (28,655)
10/19/21   Australian Dollars   3,163,635   U.S. Dollars   2,316,578   CITI   (29,228)
10/20/21   Swedish Kronor   20,640,021   U.S. Dollars   2,388,827   CITI   (30,813)
10/20/21   Hungarian Forint   373,386,382   U.S. Dollars   1,234,879   SS   (32,309)
10/20/21   South Korean Won   1,274,663,633   U.S. Dollars   1,108,375   CITI   (32,356)
10/20/21   Norwegian Kroner   43,623,989   U.S. Dollars   5,022,742   RBC   (33,199)
10/20/21   Polish Zloty   3,706,086   U.S. Dollars   965,567   RBC   (33,777)
10/20/21   British Pounds   1,201,838   U.S. Dollars   1,658,039   SS   (38,643)
115

GLOBAL BOND FUND
SCHEDULE OF INVESTMENTS (Continued)
Expiration Date   Currency
Purchased
  Amount
of Currency
Purchased
  Currency
Sold
  Amount
of Currency
Sold
  Counter-
party
  Net Unrealized
Appreciation
(Depreciation)
10/20/21   Swedish Kronor   21,511,398   U.S. Dollars   2,497,675   SS   $(40,109)
10/19/21   Canadian Dollars   6,048,964   U.S. Dollars   4,815,955   CITI   (40,349)
10/20/21   U.S. Dollars   4,922,420   Chinese Offshore Yuan   32,099,667   SC   (43,404)
10/20/21   U.S. Dollars   2,618,188   Russian Rubles   194,754,149   SC   (49,405)
10/20/21   New Zealand Dollars   8,324,722   U.S. Dollars   5,795,821   SS   (49,515)
10/20/21   Japanese Yen   660,162,753   U.S. Dollars   5,988,854   RBC   (56,389)
10/19/21   Canadian Dollars   3,560,000   U.S. Dollars   2,867,887   GSC   (57,297)
10/20/21   Chilean Pesos   580,285,817   U.S. Dollars   772,571   CITI   (58,354)
10/20/21   Swiss Francs   2,858,939   U.S. Dollars   3,127,964   SS   (58,732)
10/20/21   Brazilian Reals   15,690,978   U.S. Dollars   2,937,791   SC   (65,523)
10/19/21   British Pounds   1,750,000   U.S. Dollars   2,429,016   CITI   (71,010)
10/20/21   Euro   3,560,720   U.S. Dollars   4,197,769   BNP   (71,618)
10/19/21   British Pounds   2,019,249   U.S. Dollars   2,795,043   GSC   (74,242)
10/20/21   Australian Dollars   4,202,672   U.S. Dollars   3,114,260   BNP   (75,658)
10/20/21   Australian Dollars   4,948,914   U.S. Dollars   3,664,153   CITI   (86,006)
10/20/21   Canadian Dollars   10,642,574   U.S. Dollars   8,502,971   SC   (100,762)
10/19/21   South Korean Won   3,422,044,000   U.S. Dollars   2,995,198   CITI   (106,377)
10/20/21   Japanese Yen   1,461,989,460   U.S. Dollars   13,255,674   SC   (117,698)
10/20/21   Brazilian Reals   22,513,111   U.S. Dollars   4,305,811   CITI   (184,738)
10/20/21   Australian Dollars   11,902,147   U.S. Dollars   8,888,952   SS   (283,502)
10/20/21   British Pounds   10,584,910   U.S. Dollars   14,649,674   SC   (387,213)
10/19/21   Japanese Yen   3,079,952,000   U.S. Dollars   28,067,461   CITI   (390,070)
10/20/21   Euro   27,785,639   U.S. Dollars   32,895,037   SS   (697,129)
10/20/21   Euro   46,514,435   U.S. Dollars   55,026,112   UBS   (1,125,335)
10/19/21   Euro   41,796,940   U.S. Dollars   49,638,673   GSC   (1,205,448)
10/20/21   Euro   139,916,948   U.S. Dollars   165,713,575   SC   (3,578,270)
Subtotal Depreciation                   $(9,717,489)
Total Forward Foreign Currency Contracts outstanding at September 30, 2021       $(315,324)
Swap Agreements outstanding at September 30, 2021:
Reference Obligation   Fixed
Deal
(Pay) Rate
  Maturity
Date
  Counterparty   Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
Credit Default Swaps on Credit
Indexes—Buy Protection
                               
iTraxx Europe & Crossover Series 36 (Pay Quarterly)   (5.00)%   12/20/2026   CITI   EUR   11,707,000   $(1,621,456)   $(1,637,869)   $16,413
    $(1,621,456)   $(1,637,869)   $16,413
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
116

DEFENSIVE MARKET STRATEGIES® FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
COMMON STOCKS — 40.6%
Communication Services — 2.5%    
Activision Blizzard, Inc. 4,246   $328,598
Alphabet, Inc. Class A* 1,976   5,282,876
Alphabet, Inc. Class C* 410   1,092,777
AT&T, Inc. 23,332   630,197
Charter Communications, Inc. Class AΔ* 780   567,497
Comcast Corporation Class A 7,019   392,573
Electronic Arts, Inc. 324   46,089
Facebook, Inc. Class A* 15,125   5,133,274
Fox Corporation Class A 620   24,868
Interpublic Group of Cos., Inc. (The) 1,178   43,197
Lumen Technologies, Inc. 1,651   20,456
Netflix, Inc.* 2,135   1,303,076
New York Times Co. (The) Class A 27,556   1,357,684
Omnicom Group, Inc. 469   33,984
Take-Two Interactive Software, Inc.* 177   27,270
T-Mobile US, Inc.* 29,708   3,795,494
Twitter, Inc.* 1,198   72,347
Verizon Communications, Inc. 284,203   15,349,804
ViacomCBS, Inc. Class B 992   39,194
Walt Disney Co. (The)* 2,740   463,526
        36,004,781
Consumer Discretionary — 1.7%    
Advance Auto Parts, Inc. 122   25,485
Amazon.com, Inc.* 1,822   5,985,343
AutoZone, Inc.* 604   1,025,586
Best Buy Co., Inc. 3,816   403,389
Booking Holdings, Inc.* 69   163,797
CarMax, Inc.* 194   24,824
Carnival Corporation* 785   19,633
Chipotle Mexican Grill, Inc.* 41   74,518
D.R. Horton, Inc. 530   44,504
Darden Restaurants, Inc. 223   33,778
Deckers Outdoor Corporation* 935   336,787
Dollar General Corporation 1,546   327,968
Dollar Tree, Inc.* 287   27,472
eBay, Inc. 1,135   79,076
Expedia Group, Inc.* 208   34,091
Ford Motor Co.* 5,325   75,402
GameStop Corporation Class AΔ* 2,387   418,847
General Motors Co.* 1,694   89,291
Genuine Parts Co. 247   29,944
Hanesbrands, Inc. 827   14,191
Hasbro, Inc. 196   17,487
Hilton Worldwide Holdings, Inc.* 512   67,640
Home Depot, Inc. (The) 13,950   4,579,227
Leggett & Platt, Inc. 362   16,232
Lennar Corporation Class A 374   35,036
LKQ Corporation* 377   18,971
Lowe’s Cos., Inc. 4,104   832,537
Lululemon Athletica, Inc.* 2,709   1,096,332
Marriott International, Inc. Class A* 579   85,744
McDonald’s Corporation 1,033   249,067
Newell Brands, Inc. 1,034   22,893
NIKE, Inc. Class B 10,762   1,562,965
    Shares   Value
Norwegian Cruise Line Holdings, Ltd.* 938   $25,054
NVR, Inc.* 4   19,176
O’Reilly Automotive, Inc.* 85   51,940
Ollie's Bargain Outlet Holdings, Inc.* 1,624   97,895
PulteGroup, Inc. 555   25,486
Ralph Lauren Corporation 137   15,213
Ross Stores, Inc. 421   45,826
Royal Caribbean Cruises, Ltd.* 597   53,103
Starbucks Corporation 1,903   209,920
Target Corporation 16,963   3,880,626
Tesla, Inc.* 1,134   879,394
TJX Cos., Inc. (The) 2,036   134,335
Tractor Supply Co. 167   33,836
Ulta Beauty, Inc.* 77   27,791
VF Corporation 473   31,686
Whirlpool Corporation 122   24,871
Williams-Sonoma, Inc. 1,117   198,078
Yum! Brands, Inc. 520   63,601
        23,635,888
Consumer Staples — 6.6%    
Archer-Daniels-Midland Co. 2,369   142,164
Campbell Soup Co. 9,852   411,912
Church & Dwight Co., Inc. 9,689   800,021
Clorox Co. (The) 19,678   3,258,874
Coca-Cola Co. (The) 74,827   3,926,173
Colgate-Palmolive Co. 159,921   12,086,829
Conagra Brands, Inc. 599   20,288
Costco Wholesale Corporation 10,108   4,542,030
Estee Lauder Cos., Inc. (The) Class A 12,872   3,860,699
Flowers Foods, Inc. 25,422   600,722
General Mills, Inc. 26,454   1,582,478
Grocery Outlet Holding Corporation* 23,291   502,387
Hershey Co. (The) 45,403   7,684,458
Hormel Foods Corporation 83,177   3,410,257
J.M. Smucker Co. (The) 2,942   353,128
Kellogg Co. 7,951   508,228
Kimberly-Clark Corporation 4,467   591,609
Kraft Heinz Co. (The) 1,017   37,446
Kroger Co. (The) 83,506   3,376,147
Lamb Weston Holdings, Inc. 177   10,862
McCormick & Co., Inc. (Non-Voting Shares) 18,390   1,490,142
Mondelez International, Inc. Class A 121,686   7,079,691
Monster Beverage Corporation* 40,683   3,613,871
PepsiCo, Inc. 82,053   12,341,592
Procter & Gamble Co. (The) 57,050   7,975,590
Sysco Corporation 786   61,701
Tyson Foods, Inc. Class A 450   35,523
Walgreens Boots Alliance, Inc. 1,367   64,317
Walmart, Inc. 104,566   14,574,409
        94,943,548
Energy — 0.9%    
APA Corporation 581   12,451
Baker Hughes Co. 97,462   2,410,235
Cabot Oil & Gas Corporation 21,528   468,449
 
117

DEFENSIVE MARKET STRATEGIES® FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
Chevron Corporation 83,511   $8,472,191
ConocoPhillips 2,045   138,590
Devon Energy Corporation 701   24,892
Diamondback Energy, Inc. 209   19,786
DT Midstream, Inc. 3,587   165,884
EOG Resources, Inc. 850   68,229
Exxon Mobil Corporation 6,904   406,093
Halliburton Co. 1,147   24,798
Hess Corporation 364   28,432
Kinder Morgan, Inc. 2,586   43,264
Marathon Petroleum Corporation 1,210   74,790
Occidental Petroleum Corporation 1,165   34,461
ONEOK, Inc. 621   36,012
Phillips 66 492   34,455
Pioneer Natural Resources Co. 180   29,972
Valero Energy Corporation 667   47,070
Williams Cos., Inc. (The) 1,534   39,792
        12,579,846
Financials — 5.4%    
Aflac, Inc. 42,171   2,198,374
Allstate Corporation (The) 30,097   3,831,649
American Express Co. 1,103   184,786
American International Group, Inc. 1,012   55,549
Ameriprise Financial, Inc. 12,771   3,373,077
Arthur J. Gallagher & Co. 390   57,973
Bank of America Corporation 10,674   453,111
Bank of New York Mellon Corporation (The) 109,555   5,679,331
Berkshire Hathaway, Inc. Class B* 2,535   691,903
BlackRock, Inc. 5,890   4,939,707
Capital One Financial Corporation 592   95,886
Capitol Federal Financial, Inc.Δ 239,300   2,749,557
Cboe Global Markets, Inc. 177   21,923
Charles Schwab Corporation (The) 2,020   147,137
Cincinnati Financial Corporation 275   31,411
Citigroup, Inc. 2,866   201,136
Citizens Financial Group, Inc. 836   39,275
CME Group, Inc. 15,740   3,043,801
Comerica, Inc. 302   24,311
Commerce Bancshares, Inc. 15,788   1,100,108
Discover Financial Services 355   43,612
Erie Indemnity Co. Class A 1,123   200,366
Fifth Third Bancorp 1,381   58,610
First Republic Bank 1,752   337,926
Franklin Resources, Inc. 699   20,774
Goldman Sachs Group, Inc. (The) 545   206,026
Hartford Financial Services Group, Inc. (The) 40,385   2,837,046
Huntington Bancshares, Inc. 1,877   29,018
Intercontinental Exchange, Inc. 14,136   1,623,096
Invesco, Ltd. 1,075   25,918
JPMorgan Chase & Co. 70,838   11,595,472
KeyCorp 1,880   40,646
Lincoln National Corporation 388   26,675
M&T Bank Corporation 254   37,932
MarketAxess Holdings, Inc. 61   25,662
Marsh & McLennan Cos., Inc. 86,016   13,025,403
    Shares   Value
MetLife, Inc. 7,737   $477,605
Moody’s Corporation 154   54,687
Morgan Stanley 2,315   225,273
MSCI, Inc. 128   77,868
Northern Trust Corporation 35,870   3,867,145
People’s United Financial, Inc. 674   11,775
PNC Financial Services Group, Inc. (The) 9,298   1,819,061
Principal Financial Group, Inc. 556   35,806
Progressive Corporation (The) 35,567   3,214,901
Prudential Financial, Inc. 758   79,742
Raymond James Financial, Inc. 243   22,424
Regions Financial Corporation 1,185   25,252
S&P Global, Inc.Δ 858   364,556
State Street Corporation 517   43,800
SVB Financial Group* 73   47,222
Synchrony Financial 558   27,275
T. Rowe Price Group, Inc. 16,389   3,223,716
Travelers Cos., Inc. (The) 15,171   2,306,144
Truist Financial Corporation 2,310   135,481
U.S. Bancorp 46,403   2,758,194
Wells Fargo & Co. 4,819   223,650
        78,095,764
Health Care — 7.1%    
Abbott Laboratories 32,580   3,848,675
ABIOMED, Inc.* 2,308   751,300
Agilent Technologies, Inc. 6,618   1,042,534
Align Technology, Inc.* 910   605,541
Amgen, Inc. 19,027   4,046,092
Anthem, Inc. 2,228   830,598
Baxter International, Inc. 2,331   187,482
Becton, Dickinson and Co. 13,935   3,425,502
Biogen, Inc.* 4,575   1,294,679
Bio-Rad Laboratories, Inc. Class A* 99   73,849
Boston Scientific Corporation* 1,438   62,395
Bristol-Myers Squibb Co. 14,318   847,196
Cardinal Health, Inc. 32,670   1,615,858
Catalent, Inc.* 1,062   141,320
Centene Corporation* 1,047   65,239
Cerner Corporation 77,280   5,449,786
Charles River Laboratories International, Inc.* 1,133   467,555
Chemed Corporation 4,738   2,203,739
Cigna Corporation 3,490   698,558
CVS Health Corporation 3,410   289,373
Danaher Corporation 11,071   3,370,455
DaVita, Inc.* 199   23,136
DENTSPLY SIRONA, Inc. 352   20,434
DexCom, Inc.* 114   62,342
Edwards Lifesciences Corporation* 6,479   733,488
Eli Lilly and Co. 17,727   4,095,823
Gilead Sciences, Inc. 3,657   255,441
HCA Healthcare, Inc. 360   87,379
Hologic, Inc.* 419   30,926
Humana, Inc. 129   50,200
IDEXX Laboratories, Inc.* 2,795   1,738,211
Illumina, Inc.* 3,031   1,229,404
 
118

    Shares   Value
Incyte Corporation* 518   $35,628
Intuitive Surgical, Inc.* 4,421   4,395,137
IQVIA Holdings, Inc.* 531   127,196
Johnson & Johnson 144,870   23,396,505
Laboratory Corporation of America Holdings* 124   34,899
McKesson Corporation 219   43,664
Mettler-Toledo International, Inc.* 2,059   2,835,984
Moderna, Inc.* 7,451   2,867,592
Organon & Co. 2,446   80,204
PerkinElmer, Inc. 359   62,211
Quest Diagnostics, Inc. 26,550   3,857,980
Regeneron Pharmaceuticals, Inc.* 5,977   3,617,161
ResMed, Inc. 2,353   620,133
Seagen, Inc.* 14,646   2,486,891
Stryker Corporation 8,865   2,337,878
Teleflex, Inc. 72   27,112
United Therapeutics Corporation* 1,681   310,279
UnitedHealth Group, Inc. 17,360   6,783,246
Veeva Systems, Inc. Class A* 552   159,070
Vertex Pharmaceuticals, Inc.* 7,884   1,430,079
Viatris, Inc. 9,621   130,365
Waters Corporation* 1,784   637,423
West Pharmaceutical Services, Inc. 3,639   1,544,901
Zimmer Biomet Holdings, Inc. 253   37,029
Zoetis, Inc. 22,430   4,354,560
        101,857,637
Industrials — 5.0%    
3M Co. 15,778   2,767,777
A.O. Smith Corporation 278   16,977
Alaska Air Group, Inc.* 219   12,833
AMERCO 157   101,427
American Airlines Group, Inc.* 534   10,958
AMETEK, Inc. 185   22,942
Boeing Co. (The)* 778   171,113
C.H. Robinson Worldwide, Inc. 11,401   991,887
Carrier Global Corporation 8,128   420,705
Caterpillar, Inc. 1,258   241,498
Cintas Corporation 1,201   457,173
Copart, Inc.* 6,062   840,921
CSX Corporation 3,033   90,201
Cummins, Inc. 1,014   227,704
Deere & Co. 516   172,896
Delta Air Lines, Inc.* 1,297   55,265
Dover Corporation 192   29,856
Emerson Electric Co. 121,641   11,458,582
Equifax, Inc. 145   36,746
Expeditors International of Washington, Inc. 28,201   3,359,585
Fastenal Co. 782   40,359
FedEx Corporation 4,105   900,185
Fortive Corporation 303   21,383
Fortune Brands Home & Security, Inc. 191   17,079
FTI Consulting, Inc.* 893   120,287
General Dynamics Corporation 337   66,062
General Electric Co. 1,493   153,823
Honeywell International, Inc. 4,054   860,583
    Shares   Value
Hubbell, Inc. 29,389   $5,309,711
Huntington Ingalls Industries, Inc. 90   17,375
IDEX Corporation 85   17,591
IHS Markit, Ltd. 430   50,147
Illinois ToolWorks, Inc. 13,688   2,828,351
Ingersoll-Rand, Inc.* 475   23,945
J.B. Hunt Transport Services, Inc. 9,838   1,645,110
Jacobs Engineering Group, Inc. 178   23,590
Kansas City Southern 154   41,679
L3Harris Technologies, Inc. 275   60,566
Landstar System, Inc. 11,312   1,785,260
Leidos Holdings, Inc. 268   25,763
Lockheed Martin Corporation 421   145,287
Masco Corporation 401   22,276
Norfolk Southern Corporation 22,349   5,346,998
Northrop Grumman Corporation 237   85,356
Old Dominion Freight Line, Inc. 14,654   4,190,751
Otis Worldwide Corporation 591   48,627
PACCAR, Inc. 19,918   1,571,929
Parker-Hannifin Corporation 197   55,085
Raytheon Technologies Corporation 78,160   6,718,634
Republic Services, Inc. 51,966   6,239,038
Robert Half International, Inc. 3,129   313,933
Rockwell Automation, Inc. 3,242   953,278
Rollins, Inc. 52,385   1,850,762
Roper Technologies, Inc. 103   45,951
Snap-on, Inc. 112   23,402
Southwest Airlines Co.* 727   37,390
Stanley Black & Decker, Inc. 209   36,640
Teledyne Technologies, Inc.* 10   4,296
Textron, Inc. 272   18,988
Toro Co. (The) 828   80,656
TransDigm Group, Inc.* 58   36,225
Union Pacific Corporation 6,721   1,317,383
United Airlines Holdings, Inc.* 286   13,605
United Parcel Service, Inc. Class B 17,970   3,272,337
United Rentals, Inc.* 123   43,164
Verisk Analytics, Inc. 296   59,280
W.W. Grainger, Inc. 55   21,618
Waste Management, Inc. 28,391   4,240,480
Xylem, Inc. 293   36,238
        72,325,502
Information Technology — 6.1%    
Adobe, Inc.* 7,336   4,223,482
Advanced Micro Devices, Inc.* 1,869   192,320
Akamai Technologies, Inc.* 312   32,632
Amphenol Corporation Class A 10,425   763,423
Analog Devices, Inc. 893   149,560
ANSYS, Inc.* 1,329   452,458
Apple, Inc. 34,492   4,880,618
Applied Materials, Inc. 1,260   162,200
Arista Networks, Inc.* 84   28,866
Autodesk, Inc.* 674   192,205
Automatic Data Processing, Inc. 43,553   8,707,116
Broadcom, Inc. 1,598   774,918
Broadridge Financial Solutions, Inc. 168   27,995
119

DEFENSIVE MARKET STRATEGIES® FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
Cadence Design Systems, Inc.* 408   $61,787
CDW Corporation 222   40,408
Cisco Systems, Inc. 180,620   9,831,147
Citrix Systems, Inc. 233   25,017
Cloudflare, Inc. Class A* 9,348   1,053,052
Cognex Corporation 12,291   985,984
Cognizant Technology Solutions Corporation Class A 907   67,308
Corning, Inc. 121,625   4,438,096
Crowdstrike Holdings, Inc. Class A* 3,164   777,648
DocuSign, Inc.* 1,994   513,315
DXC Technology Co.* 631   21,208
Enphase Energy, Inc.* 228   34,193
F5 Networks, Inc.* 103   20,474
Fidelity National Information Services, Inc. 725   88,218
Fiserv, Inc.* 822   89,187
FleetCor Technologies, Inc.* 120   31,352
Fortinet, Inc.* 228   66,585
Gartner, Inc.* 84   25,526
Global Payments, Inc. 464   73,117
Hewlett Packard Enterprise Co. 2,396   34,143
HP, Inc. 2,191   59,946
Intel Corporation 17,550   935,064
International Business Machines Corporation 1,458   202,560
Intuit, Inc. 8,265   4,459,050
Jack Henry & Associates, Inc. 179   29,367
Keysight Technologies, Inc.* 264   43,373
KLA Corporation 301   100,687
Lam Research Corporation 245   139,442
Mastercard, Inc. Class A 10,844   3,770,242
Microchip Technology, Inc. 397   60,935
Micron Technology, Inc. 1,913   135,785
Microsoft Corporation 52,046   14,672,808
Motorola Solutions, Inc. 227   52,737
NetApp, Inc. 491   44,072
NortonLifeLock, Inc. 1,116   28,235
NVIDIA Corporation 3,592   744,119
Oracle Corporation 60,645   5,283,999
Paychex, Inc. 5,464   614,427
Paycom Software, Inc.* 80   39,660
PayPal Holdings, Inc.* 1,698   441,837
Qorvo, Inc.* 113   18,892
QUALCOMM, Inc. 1,666   214,881
salesforce.com, Inc.* 3,065   831,289
ServiceNow, Inc.* 1,155   718,722
Skyworks Solutions, Inc. 110   18,126
SYNNEX Corporation 4,619   480,838
Synopsys, Inc.* 180   53,894
Texas Instruments, Inc. 42,336   8,137,403
Visa, Inc. Class AΔ 19,296   4,298,184
Western Digital Corporation* 446   25,172
Western Union Co. (The) 1,340   27,095
Xilinx, Inc. 433   65,379
Zebra Technologies Corporation Class A* 42   21,648
    Shares   Value
Zoom Video Communications, Inc. Class A* 6,607   $1,727,730
        87,363,156
Materials — 1.0%    
Air Products and Chemicals, Inc. 4,681   1,198,851
Albemarle Corporation 215   47,079
AptarGroup, Inc. 932   111,234
Avery Dennison Corporation 436   90,344
Ball Corporation 503   45,255
Celanese Corporation 213   32,086
CF Industries Holdings, Inc. 450   25,119
Cleveland-Cliffs, Inc.* 5,998   118,820
Corteva, Inc. 12,914   543,421
Dow, Inc. 1,244   71,605
DuPont de Nemours, Inc. 968   65,814
Eastman Chemical Co. 225   22,667
Ecolab, Inc. 16,254   3,390,910
Freeport-McMoRan, Inc. 1,705   55,464
International Flavors & Fragrances, Inc. 140   18,721
International Paper Co. 898   50,216
Martin Marietta Materials, Inc. 80   27,334
Newmont Corporation 36,771   1,996,665
Nucor Corporation 652   64,215
Olin Corporation 1,921   92,688
Packaging Corporation of America 22,622   3,109,168
PPG Industries, Inc. 4,931   705,182
Royal Gold, Inc. 1,162   110,959
Sherwin-Williams Co. (The) 5,958   1,666,631
Vulcan Materials Co. 148   25,036
        13,685,484
Real Estate — 0.7%    
Alexandria Real Estate Equities, Inc. REIT 172   32,864
American Tower Corporation REIT 9,319   2,473,356
AvalonBay Communities, Inc. REIT 210   46,544
Boston Properties, Inc. REIT 257   27,846
CBRE Group, Inc. Class A* 366   35,634
Crown Castle International Corporation REIT 714   123,750
Digital Realty Trust, Inc. REIT 362   52,291
Equinix, Inc. REIT 3,450   2,725,948
Equity Residential REIT 647   52,355
Essex Property Trust, Inc. REIT 71   22,702
Extra Space Storage, Inc. REIT 205   34,438
Federal Realty Investment Trust REIT 105   12,389
Healthpeak Properties, Inc. REIT 1,300   43,524
Host Hotels & Resorts, Inc. REIT* 1,318   21,523
Iron Mountain, Inc. REIT 711   30,893
Kimco Realty Corporation REIT 1,153   23,925
Mid-America Apartment Communities, Inc. REIT 202   37,724
Prologis, Inc. REIT 839   105,236
Public Storage REIT 3,017   896,351
Realty Income Corporation REIT 702   45,532
 
120

    Shares   Value
Regency Centers Corporation REIT 353   $23,767
SBA Communications Corporation REIT 150   49,586
Simon Property Group, Inc. REIT 518   67,324
UDR, Inc. REIT 300   15,894
Ventas, Inc. REIT 570   31,470
Vornado Realty Trust REIT 299   12,561
Welltower, Inc. REITΔ 26,656   2,196,454
Weyerhaeuser Co. REIT 862   30,661
        9,272,542
Utilities — 3.6%    
AES Corporation (The) 1,420   32,419
Ameren Corporation 30,573   2,476,413
American Electric Power Co., Inc. 11,939   969,208
American Water Works Co., Inc. 12,926   2,185,011
Atmos Energy Corporation 73,277   6,463,031
CenterPoint Energy, Inc. 792   19,483
CMS Energy Corporation 355   21,204
Consolidated Edison, Inc. 18,667   1,355,038
Dominion Energy, Inc. 26,559   1,939,338
DTE Energy Co. 13,361   1,492,557
Duke Energy Corporation 52,928   5,165,244
Edison International 661   36,666
Entergy Corporation 334   33,170
Evergy, Inc. 33,154   2,062,179
Eversource Energy 43,121   3,525,573
Exelon Corporation 1,363   65,887
FirstEnergy Corporation 986   35,121
IDACORP, Inc. 5,992   619,453
NextEra Energy, Inc. 53,436   4,195,795
NRG Energy, Inc. 488   19,925
ONE Gas, Inc. 104,602   6,628,629
Pinnacle West Capital Corporation 19,408   1,404,363
PPL Corporation 1,601   44,636
Public Service Enterprise Group, Inc. 25,685   1,564,216
Sempra Energy 7,792   985,688
Southern Co. (The) 3,328   206,236
Spire, Inc. 102,340   6,261,161
WEC Energy Group, Inc. 14,750   1,300,950
Xcel Energy, Inc. 10,724   670,250
        51,778,844
Total Common Stocks
(Cost $421,605,675)
  581,542,992
FOREIGN COMMON STOCKS — 6.3%
Curacao — 0.0%    
Schlumberger NV 2,511   74,426
France — 0.3%    
TotalEnergies SE 87,623   4,188,201
Ireland — 2.6%    
Accenture PLC Class A 14,001   4,479,200
Allegion PLC 106   14,011
Aon PLC Class A 5,519   1,577,165
Eaton Corporation PLC 837   124,972
Jazz Pharmaceuticals PLC* 4,769   620,972
    Shares   Value
Johnson Controls International PLC 1,098   $74,752
Linde PLC 41,768   12,253,896
Medtronic PLC 144,792   18,149,677
Pentair PLC 294   21,353
Seagate Technology Holdings PLC 595   49,099
Trane Technologies PLC 431   74,412
Willis Towers Watson PLC 181   42,075
        37,481,584
Japan — 0.2%    
Bridgestone Corporation 33,100   1,566,001
Toyota Motor Corporation 79,000   1,407,574
        2,973,575
Jersey — 0.2%    
Amcor PLC 205,356   2,380,076
Aptiv PLC* 504   75,081
        2,455,157
Netherlands — 0.5%    
Akzo Nobel NV 30,100   3,288,867
Koninklijke Ahold Delhaize NV 85,653   2,852,085
LyondellBasell Industries NV Class A 396   37,165
NXP Semiconductor NV 162   31,731
QIAGEN NV* 18,194   940,266
        7,150,114
Sweden — 0.1%    
Electrolux AB, Series BΔ* 27,500   635,352
Switzerland — 1.9%    
Chubb, Ltd. 42,752   7,416,617
Garmin, Ltd. 9,995   1,553,823
Nestle SA 46,900   5,650,984
Novartis AG 19,700   1,615,384
Roche Holding AG 31,300   11,423,560
TE Connectivity, Ltd. 416   57,084
        27,717,452
United Kingdom — 0.5%    
Atlassian Corporation PLC Class A* 595   232,895
Nielsen Holdings PLC 758   14,546
Unilever PLC 139,200   7,521,148
        7,768,589
Total Foreign Common Stocks
(Cost $75,365,630)
  90,444,450
PREFERRED STOCKS — 0.6%
Bank of America Corporation        
7.25% CONV 1,400   2,019,388
Becton Dickinson and Co.        
6.00% 06/01/23 CONV 133,428   7,202,443
Total Preferred Stocks
(Cost $8,955,806)
  9,221,831
121

DEFENSIVE MARKET STRATEGIES® FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
MUTUAL FUNDS — 0.2%
iShares Russell 1000 Value ETF
(Cost $3,513,655)
22,661   $3,546,673
    
    Par  
CORPORATE BONDS — 26.6%
Airbnb, Inc.      
0.00%, 03/15/26 144AΩ CONV $1,605,000 1,580,925
Akamai Technologies, Inc.      
0.13%, 05/01/25 CONV 493,000 600,858
0.38%, 09/01/27 CONV 2,330,000 2,555,539
Alarm.com Holdings, Inc.      
0.34%, 01/15/26 144AΩ CONV 2,813,000 2,534,513
Allscripts Healthcare Solutions, Inc.      
0.88%, 01/01/27 CONV 2,547,000 3,024,899
Altair Engineering, Inc.      
0.25%, 06/01/24 CONV 625,000 968,768
Alteryx, Inc.      
0.50%, 08/01/24 CONV 2,446,000 2,331,756
1.00%, 08/01/26 CONV 706,000 654,815
Ares Capital Corporation      
3.75%, 02/01/22 CONV 2,830,000 3,035,175
4.63%, 03/01/24 CONV 505,000 560,550
Avalara, Inc.      
0.25%, 08/01/26 144A CONV 1,920,000 1,980,615
Bank of America Corporation      
(Variable, ICE LIBOR USD 3M + 2.66%), 4.30%, 01/28/25^ 1,247,000 1,270,381
(Variable, ICE LIBOR USD 3M + 2.93%), 5.88%, 03/15/28^ 3,011,000 3,440,369
Bank of New York Mellon Corporation (The)      
(Variable, ICE LIBOR USD 3M + 3.42%), 3.54%, 12/20/21†Δ 798,000 802,131
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 4.36%), 4.70%, 09/20/25^ 268,000 294,800
Bentley Systems, Inc.      
0.13%, 01/15/26 144A CONV 951,000 1,098,892
0.38%, 07/01/27 144A CONV 1,892,000 1,916,028
Beyond Meat, Inc.      
0.20%, 03/15/27 144AΩ CONV 3,887,000 3,350,108
BioMarin Pharmaceutical, Inc.      
0.60%, 08/01/24 CONVΔ 5,471,000 5,611,530
Blackline, Inc.      
0.00%, 03/15/26 144AΩ CONV 3,690,000 3,644,613
Blackstone Mortgage Trust, Inc. REIT      
4.75%, 03/15/23 CONV 2,841,000 2,917,207
BofA Finance LLC      
0.25%, 05/01/23 CONV 1,496,000 1,602,216
    Par   Value
Booking Holdings, Inc.        
0.75%, 05/01/25 CONVΔ $1,982,000   $2,920,477
Box, Inc.        
(0.70)%, 01/15/26 144AΩ CONV 3,119,000   3,543,284
Burlington Stores, Inc.        
2.25%, 04/15/25 CONVΔ 2,494,000   3,635,005
Cable One, Inc.        
0.00%, 03/15/26 144AΩ CONV 1,979,000   1,947,336
Ceridian HCM Holding, Inc.        
0.25%, 03/15/26 144A CONV 1,784,000   1,930,288
Charles Schwab Corporation (The)        
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 4.97%), 5.38%, 06/01/25^ 974,000   1,084,793
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.17%), 4.00%, 06/01/26^ 3,165,000   3,307,425
(Variable, ICE LIBOR USD 3M + 2.58%), 5.00%, 12/01/27Δ^ 1,119,000   1,193,804
Cheesecake Factory, Inc. (The)        
0.38%, 06/15/26 CONV 2,825,000   2,704,937
Chegg, Inc.        
(0.52)%, 09/01/26Ω CONV 4,578,000   4,534,509
Citigroup, Inc.        
(Variable, ICE LIBOR USD 3M + 4.07%), 5.95%, 01/30/23Δ^ 1,792,000   1,869,280
Coherus Biosciences, Inc.        
1.50%, 04/15/26 CONV 1,260,000   1,404,094
CONMED Corporation        
2.63%, 02/01/24 CONV 2,120,000   3,287,325
Coupa Software, Inc.        
0.38%, 06/15/26 CONV 2,032,000   2,203,450
Cracker Barrel Old Country Store, Inc.        
0.63%, 06/15/26 144A CONV 2,211,000   2,240,019
Datadog, Inc.        
0.13%, 06/15/25 CONV 1,596,000   2,642,816
Dexcom, Inc.        
0.25%, 11/15/25 CONV 3,643,000   4,335,170
DISH Network Corporation        
(0.04)%, 12/15/25 144AΩ CONV 1,209,000   1,450,800
3.38%, 08/15/26 CONV 6,978,000   7,271,076
DocuSign, Inc.        
(1.30)%, 01/15/24 144AΩ CONVΔ 2,956,000   3,097,888
Dominion Energy, Inc.        
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 2.99%), 4.65%, 12/15/24ρ^ 2,125,000   2,281,825
Dropbox, Inc.        
0.00%, 03/01/26 144AΩ CONV 1,707,000   1,791,549
0.00%, 03/01/28 144AΩ CONV 1,707,000   1,840,359
 
122

    Par   Value
Duke Energy Corporation        
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.39%), 4.88%, 09/16/24ρΔ^ $2,800,000   $2,999,500
Enphase Energy, Inc.        
0.00%, 03/01/26 144AΩ CONV 2,364,000   2,216,250
0.00%, 03/01/28 144AΩ CONVΔ 2,296,000   2,135,280
Envestnet, Inc.        
0.75%, 08/15/25 144A CONV 2,827,000   2,874,350
EQT Corporation        
1.75%, 05/01/26 CONVΔ 1,689,000   2,671,153
Etsy, Inc.        
0.13%, 09/01/27 CONVΔ 1,393,000   1,838,063
0.25%, 06/15/28 144A CONV 1,892,000   2,155,934
Euronet Worldwide, Inc.        
0.75%, 03/15/49 CONVΔ 3,380,000   3,748,991
Exact Sciences Corporation        
0.38%, 03/15/27 CONV 1,840,000   2,093,000
Expedia Group, Inc.        
(0.53)%, 02/15/26 144AΩ CONVΔ 2,882,000   3,125,964
FireEye, Inc.        
0.88%, 06/01/24 CONV 1,301,000   1,389,631
Five9, Inc.        
0.50%, 06/01/25 CONV 542,000   733,613
Ford Motor Co.        
0.00%, 03/15/26 144AΩ CONVΔ 2,862,000   3,099,904
FTI Consulting, Inc.        
2.00%, 08/15/23 CONV 1,601,000   2,247,804
Greenbrier Cos., Inc. (The)        
2.88%, 04/15/28 144A CONV 3,523,000   3,685,058
Guardant Health, Inc.        
(0.03)%, 11/15/27 144AΩ CONV 1,569,000   1,804,350
Haemonetics Corporation        
0.60%, 03/01/26 144AΩ CONVΔ 1,700,000   1,474,486
Halozyme Therapeutics, Inc.        
0.25%, 03/01/27 144A CONV 1,736,000   1,581,279
Herbalife Nutrition, Ltd.        
2.63%, 03/15/24 CONV 89,000   90,224
IH Merger Sub LLC REIT        
3.50%, 01/15/22 CONV 1,571,000   2,648,667
II-VI, Inc.        
0.25%, 09/01/22 CONV 1,002,000   1,333,137
Illumina, Inc.        
(0.52)%, 08/15/23Ω CONVΔ 2,981,000   3,478,095
Insight Enterprises, Inc.        
0.75%, 02/15/25 CONV 2,733,000   3,837,964
Insulet Corporation        
0.38%, 09/01/26 CONV 2,045,000   2,854,053
    Par   Value
Integra LifeSciences Holdings Corporation        
0.50%, 08/15/25 CONV $1,738,000   $1,917,883
InterDigital, Inc.        
2.00%, 06/01/24 CONV 1,042,000   1,129,919
Ionis Pharmaceuticals, Inc.        
0.13%, 12/15/24 CONVΔ 1,179,000   1,081,010
Ironwood Pharmaceuticals, Inc.        
0.75%, 06/15/24 CONV 1,001,000   1,185,424
1.50%, 06/15/26 CONV 746,000   900,739
Itron, Inc.        
(0.29)%, 03/15/26 144AΩ CONV 1,969,000   1,868,427
J2 Global, Inc.        
1.75%, 11/01/26 144A CONV 2,764,000   3,473,027
Jamf Holding Corporation        
0.13%, 09/01/26 144A CONV 1,016,000   1,062,355
Jazz Investments I, Ltd.        
1.50%, 08/15/24 CONVΔ 282,000   286,230
2.00%, 06/15/26 CONVΔ 1,648,000   1,910,650
JetBlue Airways Corporation        
0.50%, 04/01/26 144A CONVΔ 3,302,000   3,251,955
John Bean Technologies Corporation        
0.25%, 05/15/26 144A CONV 685,000   727,813
JPMorgan Chase & Co.        
(Variable, ICE LIBOR USD 3M + 3.47%), 3.60%, 01/30/22†ρ 2,686,000   2,700,718
(Variable, U.S. SOFR + 3.38%), 5.00%, 08/01/24ρ^ 5,266,000   5,499,679
(Variable, U.S. SOFR + 3.13%), 4.60%, 02/01/25ρ^ 2,505,000   2,564,494
KBR, Inc.        
2.50%, 11/01/23 CONV 1,098,000   1,765,035
LCI Industries        
1.13%, 05/15/26 144A CONV 1,203,000   1,256,533
LendingTree, Inc.        
0.50%, 07/15/25 CONV 2,695,000   2,305,416
Liberty Broadband Corporation        
1.25%, 09/30/50 144A CONV 1,080,000   1,102,140
2.75%, 09/30/50 144A CONV 2,431,000   2,572,348
Liberty Media Corp-Liberty Formula One        
1.00%, 01/30/23 CONV 1,231,000   1,751,934
Liberty Media Corporation        
1.38%, 10/15/23 CONV 636,000   869,071
2.13%, 03/31/48 144A CONV 4,651,000   4,825,412
123

DEFENSIVE MARKET STRATEGIES® FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Liberty TripAdvisor Holdings, Inc.        
0.50%, 06/30/51 144A CONV $2,407,000   $2,004,742
Live Nation Entertainment, Inc.        
2.50%, 03/15/23 CONV 3,017,000   4,367,579
2.00%, 02/15/25 CONV 3,329,000   3,831,679
Lumentum Holdings, Inc.        
0.50%, 12/15/26 CONV 2,533,000   2,794,777
MACOM Technology Solutions Holdings, Inc.        
0.25%, 03/15/26 144A CONV 1,666,000   1,774,290
Marriott Vacations Worldwide Corporation        
1.50%, 09/15/22 CONV 1,641,000   1,947,662
0.00%, 01/15/26 144AΩ CONV 2,707,000   3,041,991
Match Group Financeco 3, Inc.        
2.00%, 01/15/30 144A CONV 675,000   1,366,043
Medallia, Inc.        
0.13%, 09/15/25 CONV 1,444,000   1,552,666
Meritor, Inc.        
3.25%, 10/15/37 CONV 2,514,000   2,642,244
Microchip Technology, Inc.        
0.13%, 11/15/24 CONVΔ 6,077,000   6,900,099
National Vision Holdings, Inc.        
2.50%, 05/15/25 CONV 1,331,000   2,562,488
NCL Corporation, Ltd.        
5.38%, 08/01/25 CONV 1,469,000   2,514,928
Neurocrine Biosciences, Inc.        
2.25%, 05/15/24 CONV 838,000   1,119,418
New Relic, Inc.        
0.50%, 05/01/23 CONV 1,051,000   1,067,377
NextEra Energy Partners LP        
(0.34)%, 11/15/25 144AΩ CONV 2,438,000   2,596,470
NortonLifeLock, Inc.        
2.00%, 08/15/22 144A CONV 1,129,000   1,447,378
NuVasive, Inc.        
1.00%, 06/01/23 CONV 3,423,000   3,506,436
Okta, Inc.        
0.38%, 06/15/26 CONV 2,758,000   3,381,253
ON Semiconductor Corporation        
(0.76)%, 05/01/27 144AΩ CONVΔ 1,812,000   2,152,975
Opendoor Technologies, Inc.        
0.25%, 08/15/26 144A CONV 3,272,000   4,108,405
Palo Alto Networks, Inc.        
0.75%, 07/01/23 CONV 971,000   1,767,123
Pandora Media LLC        
1.75%, 12/01/23 CONV 1,378,000   1,562,652
    Par   Value
Parsons Corporation        
0.25%, 08/15/25 CONV $1,822,000   $1,836,115
Pegasystems, Inc.        
0.75%, 03/01/25 CONV 3,041,000   3,432,848
Peloton Interactive, Inc.        
0.64%, 02/15/26 144AΩ CONV 2,875,000   2,545,196
Pioneer Natural Resources Co.        
0.25%, 05/15/25 CONV 1,854,000   3,001,626
Progressive Corporation (The)        
(Variable, ICE LIBOR USD 3M + 2.54%), 5.38%, 03/15/23ρ^ 1,321,000   1,373,840
Pure Storage, Inc.        
0.13%, 04/15/23 CONV 3,012,000   3,491,209
Q2 Holdings, Inc.        
0.13%, 11/15/25 144A CONV 1,445,000   1,331,476
Rapid7, Inc.        
2.25%, 05/01/25 CONV 679,000   1,321,928
0.25%, 03/15/27 144A CONVΔ 2,325,000   2,908,339
Realogy Group LLC        
0.25%, 06/15/26 144A CONV 2,027,000   2,048,537
Redfin Corporation        
(4.17)%, 10/15/25 144AΩ CONV 1,761,000   1,763,428
0.50%, 04/01/27 144A CONV 1,747,000   1,571,245
Repligen Corporation        
0.38%, 07/15/24 CONVΔ 473,000   1,198,536
RingCentral, Inc.        
0.00%, 03/01/25Ω CONV 4,154,000   4,115,056
0.00%, 03/15/26Ω CONV 1,298,000   1,220,931
Royal Caribbean Cruises, Ltd.        
2.88%, 11/15/23 144A CONV 1,400,000   1,816,500
Shake Shack, Inc.        
0.18%, 03/01/28 144AΩ CONV 2,760,000   2,353,717
Shift4 Payments, Inc.        
0.00%, 12/15/25 144AΩ CONV 1,055,000   1,272,493
0.50%, 08/01/27 144A CONVΔ 221,000   220,441
Silicon Laboratories, Inc.        
0.63%, 06/15/25 CONV 1,565,000   2,017,220
Snap, Inc.        
0.00%, 05/01/27 144AΩ CONVΔ 3,006,000   3,469,148
SolarEdge Technologies, Inc.        
(1.05)%, 09/15/25Ω CONVΔ 2,059,000   2,559,337
Southwest Airlines Co.        
1.25%, 05/01/25 CONV 1,543,000   2,310,642
Spirit Airlines, Inc.        
1.00%, 05/15/26 CONVΔ 2,848,000   2,682,576
Splunk, Inc.        
0.50%, 09/15/23 CONV 440,000   516,450
1.13%, 06/15/27 CONV 7,131,000   7,028,492
Spotify U.S.A., Inc.        
0.15%, 03/15/26 144AΩ CONV 2,756,000   2,490,046
Square, Inc.        
0.25%, 11/01/27 144A CONVΔ 1,914,000   2,266,309
 
124

    Par   Value
Stride, Inc.        
1.13%, 09/01/27 CONV $2,208,000   $2,204,909
Sunrun, Inc.        
(0.39)%, 02/01/26 144AΩ CONV 1,301,000   1,114,660
Supernus Pharmaceuticals, Inc.        
0.63%, 04/01/23 CONV 1,007,000   994,413
Tandem Diabetes Care, Inc.        
1.50%, 05/01/25 144A CONV 1,209,000   1,549,373
Teladoc Health, Inc.        
1.25%, 06/01/27 CONV 1,892,000   1,909,854
TripAdvisor, Inc.        
0.25%, 04/01/26 144A CONV 1,901,000   1,728,009
Twitter, Inc.        
0.25%, 06/15/24 CONV 1,174,000   1,481,162
0.00%, 03/15/26 144AΩ CONV 3,528,000   3,292,823
U.S. Bancorp        
(Variable, ICE LIBOR USD 3M + 2.91%), 5.30%, 04/15/27ρ^ 3,536,000   4,050,134
Uber Technologies, Inc.        
(1.16)%, 12/15/25 144AΩ CONV 1,809,000   1,768,534
Upstart Holdings, Inc.        
0.25%, 08/15/26 144A CONV 1,081,000   1,487,726
Vail Resorts, Inc.        
(0.57)%, 01/01/26 144AΩ CONVΔ 4,475,000   4,799,437
Verint Systems, Inc.        
0.25%, 04/15/26 144A CONV 1,161,000   1,127,346
Vonage Holdings Corporation        
1.75%, 06/01/24 CONV 755,000   882,437
Wayfair, Inc.        
0.63%, 10/01/25 CONV 3,136,000   3,150,112
Wells Fargo & Co.        
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 3.45%), 3.90%, 03/15/26ρ^ 1,291,000   1,332,151
Western Digital Corporation        
1.50%, 02/01/24 CONVΔ 236,000   239,078
Winnebago Industries, Inc.        
1.50%, 04/01/25 CONV 2,236,000   2,972,359
Workiva, Inc.        
1.13%, 08/15/26 CONV 1,373,000   2,556,982
Zendesk, Inc.        
0.63%, 06/15/25 CONV 2,249,000   2,870,847
Zscaler, Inc.        
0.13%, 07/01/25 CONV 1,095,000   2,002,422
Zynga, Inc.        
0.25%, 06/01/24 CONV 1,399,000   1,592,962
0.00%, 12/15/26 144AΩ CONVΔ 1,347,000   1,307,432
Total Corporate Bonds
(Cost $347,577,586)
  381,008,677
    Par   Value
FOREIGN BONDS — 2.5%
Canada — 0.4%    
IMAX Corporation        
0.50%, 04/01/26 144A CONV $4,065,000   $3,991,036
Shopify, Inc.        
0.13%, 11/01/25 CONVΔ 1,522,000   1,870,538
        5,861,574
France — 0.6%    
Cie Generale des Etablissements Michelin SCA        
0.62%, 01/10/22Ω CONV 1,400,000   1,449,231
TotalEnergies SE        
0.50%, 12/02/22 CONV 3,000,000   3,050,745
Vinci SA        
0.38%, 02/16/22 CONVΔ 3,200,000   3,567,200
        8,067,176
Israel — 0.9%    
CyberArk Software, Ltd.        
0.02%, 11/15/24Ω CONV 3,464,000   4,123,504
Fiverr International, Ltd.        
(0.87)%, 11/01/25 144AΩ CONV 1,698,000   1,935,720
Nice, Ltd.        
0.00%, 09/15/25Ω CONVΔ 3,184,000   3,747,170
Wix.com, Ltd.        
(0.26)%, 08/15/25Ω CONVΔ 3,518,000   3,393,111
        13,199,505
Jersey — 0.1%    
Novocure, Ltd.        
0.00%, 11/01/25 144AΩ CONV 1,258,000   1,344,719
Netherlands — 0.5%    
QIAGEN NV        
(0.67)%, 12/17/27Ω CONVΔ 2,800,000   2,837,954
STMicroelectronics NV        
(5.18)%, 08/04/25Ω CONVΔ 3,200,000   4,029,648
        6,867,602
Total Foreign Bonds
(Cost $33,304,767)
  35,340,576
    
    Shares  
EQUITY-LINKED SECURITIES — 0.6%
Advance Auto Parts, Inc., Issued by Citigroup Global Markets Holdings, Inc., Maturity Date 11/18/21 144A††† 4,500 932,040
Berkshire Hathaway, Inc., Issued by Credit Suisse AG, Maturity Date 12/27/21 144A††† 6,000 1,653,480
125

DEFENSIVE MARKET STRATEGIES® FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
Berkshire Hathaway, Inc., Issued by Merrill Lynch International & Co. C.V. 01/24/22 144A††† 4,300   $1,164,010
Berskhire Hathaway, Inc., Issued by UBS AG, Maturity Date 10/04/21 144A††† 3,200   839,360
Dollar Tree, Inc., Issued by Citigroup Global Markets Holdings, Inc., Maturity Date 12/02/21 144A††† 6,000   604,440
Emerson Electric Co., Issued by Royal Bank of Canada, Maturity Date 04/19/22 144A††† 5,100   1,378,428
Freeport-McMoRan, Inc., Issued by JPMorgan Chase Bank, Maturity Date 10/26/21 144A††† 25,500   927,160
Freeport-McMoRan, Inc., Issued by JPMorgan Chase Bank, Maturity Date 11/05/21 144A††† 3,300   125,355
Freeport-McMoRan, Inc., Issued by JPMorgan Chase Bank, Maturity Date 12/21/21 144A††† 4,000   137,264
Martin Marietta Materials, Inc., Issued by Citigroup Global Markets Holdings Inc., Maturity Date 02/02/22 144A††† 1,600   582,592
Total Equity-Linked Securities
(Cost $8,337,567)
  8,344,129
MONEY MARKET FUNDS — 8.6%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
78,840,796   78,840,796
Northern Institutional Liquid Assets Portfolio (Shares), 0.03%ا 41,381,490   41,381,490
Northern Institutional U.S. Government Portfolio (Shares), 0.00%Ø 2,968,880   2,968,880
Total Money Market Funds
(Cost $123,191,166)
  123,191,166
    
    Par  
U.S. TREASURY OBLIGATIONS — 17.1%
U.S. Treasury Bills      
0.12%, 10/07/21Ω $16,000,000 15,999,913
0.10%, 11/04/21Ω 7,660,000 7,659,494
0.10%, 12/02/21Ω 2,950,000 2,949,838
0.10%, 12/30/21Ω 1,000,000 999,912
0.07%, 07/14/22Ω 24,450,000 24,437,374
0.06%, 08/11/22Ω 8,500,000 8,494,996
U.S. Treasury Notes      
2.88%, 11/15/21 10,960,000 10,997,811
2.50%, 01/15/22 17,000,000 17,120,287
1.38%, 01/31/22 4,000,000 4,017,660
1.75%, 02/28/22 7,700,000 7,754,302
0.38%, 03/31/22 12,025,000 12,044,088
1.88%, 03/31/22 6,000,000 6,054,057
2.25%, 04/15/22 28,750,000 29,089,943
1.75%, 05/15/22 12,025,000 12,152,204
2.13%, 05/15/22 3,000,000 3,038,532
1.75%, 05/31/22 24,050,000 24,319,490
    Par   Value
0.13%, 06/30/22 $7,100,000   $7,102,484
1.75%, 07/15/22 11,225,000   11,371,898
1.88%, 07/31/22 11,225,000   11,392,970
1.50%, 08/15/22 14,200,000   14,377,016
1.88%, 08/31/22 14,200,000   14,433,626
Total U.S. Treasury Obligations
(Cost $245,802,461)
  245,807,895
TOTAL INVESTMENTS103.1%
(Cost $1,267,654,313)
    1,478,448,389
    
  Number of
Contracts
  Notional
Amount
 
WRITTEN OPTIONS — (0.2)%
Call Options — (0.0)%    
S&P 500®, Strike Price $4,475.00, Expires 10/13/21 (MSCS) (10)   $(4,307,540) (3,870)
S&P 500®, Strike Price $4,525.00, Expires 10/20/21 (MSCS) (10)   (4,307,540) (2,650)
S&P 500®, Strike Price $4,550.00, Expires 10/25/21 (MSCS) (10)   (4,307,540) (2,325)
S&P 500®, Strike Price $4,565.00, Expires 10/15/21 (MSCS) (10)   (4,307,540) (900)
        (9,745)
Put Options — (0.2)%    
Medtronic, Inc., Strike Price $126.00, Expires 10/15/21 (MSCS) (40)   (501,400) (9,400)
S&P 500®, Strike Price $4,160.00, Expires 10/20/21 (MSCS) (48)   (20,676,192) (186,000)
S&P 500®, Strike Price $4,210.00, Expires 10/13/21 (MSCS) (48)   (20,676,192) (170,400)
S&P 500®, Strike Price $4,225.00, Expires 10/15/21 (MSCS) (48)   (20,676,192) (216,000)
S&P 500®, Strike Price $4,240.00, Expires 10/25/21 (MSCS) (48)   (20,676,192) (312,240)
S&P 500®, Strike Price $4,250.00, Expires 10/11/21 (MSCS) (48)   (20,676,192) (183,072)
S&P 500®, Strike Price $4,265.00, Expires 10/06/21 (MSCS) (48)   (20,676,192) (133,680)
S&P 500®, Strike Price $4,300.00, Expires 10/06/21 (MSCS) (49)   (21,106,946) (191,835)
S&P 500®, Strike Price $4,305.00, Expires 10/08/21 (MSCS) (48)   (20,676,192) (243,600)
S&P 500®, Strike Price $4,345.00, Expires 10/01/21 (MSCS) (48)   (20,676,192) (188,448)
 
126

  Number of
Contracts
  Notional
Amount
  Value
S&P 500®, Strike Price $4,360.00, Expires 10/01/21 (MSCS) (48)   $(20,676,192)   $(244,368)
S&P 500®, Strike Price $4,375.00, Expires 10/04/21 (MSCS) (48)   (20,676,192)   (333,120)
          (2,412,163)
Total Written Options
(Premiums received $(1,282,050))
      (2,421,908)
Liabilities in Excess of Other
Assets — (2.9)%
      (41,835,946)
NET ASSETS — 100.0%       $1,434,190,535
Forward Foreign Currency Contracts outstanding at September 30, 2021:
Expiration Date   Currency
Purchased
  Amount
of Currency
Purchased
  Currency
Sold
  Amount
of Currency
Sold
  Counter-
party
  Net Unrealized
Appreciation
(Depreciation)
12/31/21   U.S. Dollars   16,203,573   Euro   13,783,529   GSC   $202,864
12/30/21   U.S. Dollars   17,134,638   Swiss Francs   15,764,895   MSCS   175,786
12/30/21   U.S. Dollars   2,731,393   Japanese Yen   299,166,750   BOA   40,532
12/30/21   U.S. Dollars   589,280   Swedish Kronor   5,096,025   UBS   6,502
12/30/21   Swiss Francs   404,534   U.S. Dollars   433,987   MSCS   1,184
Subtotal Appreciation                   $426,868
12/30/21   U.S. Dollars   71,206   Japanese Yen   7,936,470   BOA   $(179)
Subtotal Depreciation                   $(179)
Total Forward Foreign Currency Contracts outstanding at September 30, 2021       $426,689
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
127

GLOBAL IMPACT FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Par   Value
AGENCY OBLIGATIONS — 0.6%
United States International Development Finance Corporation        
1.44%, 04/15/28 $500,000   $503,976
1.65%, 04/15/28 500,000   509,847
Total Agency Obligations
(Cost $1,000,000)
    1,013,823
ASSET-BACKED SECURITIES — 2.0%
Loanpal Solar Loan, Ltd., Series 2021-2GS, Class A      
2.22%, 03/20/48 144A 509,917   511,575
SUNNOVA HELIOS II ISSUER LLC, Series 2019-AA, Class A      
3.75%, 06/20/46 144A 571,995   598,510
Sunnova Helios II Issuer LLC, Series 2021-B, Class A      
1.62%, 07/20/48 144A 341,673   338,600
Sunrun Vulcan Issuer LLC, Series 2021-1A, Class A      
2.46%, 01/30/52 144A 663,584   664,098
Tesla Auto Lease Trust, Series 2021-A, Class D      
1.34%, 03/20/25 144A 890,000   891,782
Tesla Auto Lease Trust, Series 2021-B, Class D      
1.32%, 09/22/25 144A 500,000   500,759
Total Asset-Backed Securities
(Cost $3,505,834)
    3,505,324
COMMERCIAL PAPER — 1.3%
Trinity Health Corporation      
0.11%, 10/07/21Ω 750,000   749,992
0.09%, 11/15/21Ω 500,000   499,964
0.08%, 11/17/21Ω 1,000,000   999,924
Total Commercial Paper
(Cost $2,249,826)
    2,249,880
CORPORATE BONDS — 6.2%
Agilent Technologies, Inc.      
2.30%, 03/12/31 250,000   250,437
Amgen, Inc.      
2.80%, 08/15/41 100,000   96,756
4.40%, 05/01/45 197,000   235,944
3.00%, 01/15/52 75,000   72,076
Avangrid, Inc.      
3.15%, 12/01/24 850,000   906,462
3.80%, 06/01/29 250,000   278,563
Becton, Dickinson and Co.      
3.73%, 12/15/24 274,000   296,212
1.96%, 02/11/31 165,000   160,595
4.69%, 12/15/44 150,000   187,177
Biogen, Inc.      
4.05%, 09/15/25 500,000   551,983
BlueHub Loan Fund, Inc.      
3.10%, 01/01/30 625,000   647,725
Bridge Housing Corporation      
3.25%, 07/15/30 300,000   315,573
    Par   Value
DH Europe Finance II S.a.r.l.      
2.05%, 11/15/22 $450,000   $458,683
2.60%, 11/15/29 300,000   313,157
Gilead Sciences, Inc.      
3.65%, 03/01/26 392,000   429,837
1.20%, 10/01/27 200,000   195,890
5.65%, 12/01/41 238,000   329,484
Low Income Investment Fund      
3.39%, 07/01/26 600,000   632,679
Mary Free Bed Rehabilitation Hospital      
3.79%, 04/01/51 300,000   298,381
Mead Johnson Nutrition Co.      
4.13%, 11/15/25 650,000   724,142
Medtronic, Inc.      
3.50%, 03/15/25 448,000   486,351
MidAmerican Energy Co.      
3.65%, 04/15/29 500,000   559,858
NextEra Energy Capital Holdings, Inc.      
3.55%, 05/01/27 500,000   548,876
1.90%, 06/15/28 475,000   475,598
PerkinElmer, Inc.      
1.90%, 09/15/28 60,000   59,599
2.25%, 09/15/31 175,000   172,785
Reinvestment Fund, Inc. (The)      
3.93%, 02/15/28 500,000   555,930
Verizon Communications, Inc.      
3.88%, 02/08/29 300,000   336,697
Total Corporate Bonds
(Cost $10,654,982)
    10,577,450
FOREIGN BONDS — 1.0%
Ireland — 0.3%    
Shire Acquisitions Investments Ireland DAC      
3.20%, 09/23/26 500,000   539,632
Japan — 0.4%    
Takeda Pharmaceutical Co., Ltd.      
5.00%, 11/26/28 600,000   717,281
United Kingdom — 0.3%    
Vodafone Group PLC      
5.25%, 05/30/48 400,000   518,555
Total Foreign Bonds
(Cost $1,785,241)
  1,775,468
LOAN AGREEMENTS — 0.1%
Ciello Supermarket, Inc. STRIP, SBA Loan      
0.23%, 09/15/31 IO 1,875,000   14,266
Georgia Act and Healthcare Services, Inc. STRIP, SBA Loan      
1.28%, 03/15/46 IO 285,734   18,150
Ideal Therapy Rehabilitative Services II LLC STRIP, SBA Loan      
0.48%, 01/15/46 IO 484,457   11,756
MBT Industries LLC STRIP, SBA Loan      
0.53%, 08/15/31 IO 522,000   9,748
 
128

    Par   Value
MCJT Phamaceutical Care, Inc. STRIP, SBA Loan      
1.28%, 08/15/46 IO $363,600   $23,049
N&K Market, Inc. STRIP, SBA Loan      
0.73%, 02/15/31 IO 310,910   8,080
Total Loan Agreements
(Cost $86,155)
    85,049
MORTGAGE-BACKED SECURITIES — 12.6%
Federal Home Loan Mortgage Corporation      
2.00%, 02/01/51 8,089,412   8,119,784
2.00%, 03/01/51 2,346,289   2,355,098
Federal National Mortgage Association      
1.19%, 03/01/26 500,000   504,935
1.59%, 03/01/31 500,000   495,950
1.61%, 03/01/31 494,977   494,672
1.62%, 03/01/31 500,000   497,272
2.03%, 04/01/31 250,000   255,344
1.65%, 03/01/33 500,000   492,059
2.01%, 03/01/33 100,000   101,274
2.00%, 02/01/51 2,958,512   2,969,620
2.00%, 03/01/51 2,249,073   2,257,518
FRESB Mortgage Trust, Series 2021-SB87, Class A5H      
0.78%, 04/25/41 598,340   596,329
Small Business Administration      
(Floating, Prime Rate U.S. + 1.07%), 4.32%, 06/25/30† 83,244   90,965
(Floating, Prime Rate U.S. + 0.93%), 4.18%, 12/25/30† 183,927   206,109
(Floating, Prime Rate U.S. + 2.33%), 5.58%, 01/25/31† 127,806   146,586
(Floating, Prime Rate U.S. + 1.03%), 4.28%, 02/25/31† 234,241   262,852
(Floating, Prime Rate U.S. + 0.33%), 3.58%, 07/25/31† 367,241   399,578
(Floating, Prime Rate U.S. + 0.84%), 4.09%, 08/25/31† 342,973   389,690
(Floating, Prime Rate U.S. - 0.36%), 2.89%, 12/25/45† 243,202   270,548
(Floating, Prime Rate U.S. + 0.57%), 3.82%, 12/25/45† 245,941   284,454
(Floating, Prime Rate U.S. + 0.12%), 3.37%, 01/25/46† 190,150   217,849
(Floating, Prime Rate U.S. + 0.33%), 3.58%, 04/25/46† 245,884   285,865
Total Mortgage-Backed Securities
(Cost $22,189,774)
    21,694,351
MUNICIPAL BONDS — 9.5%
Arlington Higher Education Finance Corporation, Revenue Bond (PSF-Gtd.)      
0.50%, 08/15/23 410,000   410,029
Boston Water & Sewer Commission, Revenue Bond      
0.97%, 11/01/25 200,000   200,820
    Par   Value
California State Health Facilities Financing Authority, Revenue Bond      
1.98%, 06/01/30 $600,000   $601,249
Carroll County Water Authority, Revenue Bond, Series B      
1.08%, 07/01/25 290,000   290,383
1.96%, 07/01/29 150,000   152,611
City & County of San Francisco, General Obligation, Series A      
1.78%, 06/15/29 600,000   602,091
City of Bossier Utilities, Revenue Bond (BAM Insured)      
1.00%, 10/01/25 370,000   370,827
City of Columbia Waterworks & Sewer System, Revenue Bond, Series B      
0.78%, 02/01/25 400,000   399,512
1.29%, 02/01/27 165,000   164,956
City of Deltona Utility System, Revenue Bond (BAM Insured)      
1.54%, 10/01/29 250,000   248,959
City of Phoenix Civic Improvement Corporation, Junior Lien Revenue Bond, Series C      
1.84%, 07/01/29 640,000   646,942
City of Tacoma Washington Electric System Revenue, Revenue Bond      
5.64%, 01/01/27 600,000   729,823
Connecticut Green Bank, Revenue Bond      
2.15%, 11/15/29 207,000   209,501
Connecticut Housing Finance Authority, Revenue Bond, Series 29      
1.20%, 06/15/25 400,000   401,385
County of Hernando Water & Sewer, Revenue Bond, Series A      
1.01%, 06/01/25 300,000   302,696
Coweta County Water & Sewage Authority, Revenue Bond, Series A      
2.00%, 06/01/25 200,000   208,382
Cucamonga Valley Water District Financing Authority, Revenue Bond, Series A      
0.99%, 09/01/25 150,000   150,841
Denver City & County Housing Authority, Revenue Bond (HUD Sector 8 Program)      
0.84%, 08/01/24 500,000   500,190
District of Columbia Housing Finance Agency, Revenue Bond, Series A-2 (FHA Insured)      
1.90%, 03/01/29 140,000   137,719
2.05%, 03/01/30 420,000   412,413
Economy Borough Municipal Authority, Revenue Bond, Series A (BAM Insured)      
0.42%, 12/15/22 660,000   661,612
129

GLOBAL IMPACT FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Honolulu City & County Board of Water Supply, Revenue Bond, Series B      
1.16%, 07/01/26 $580,000   $580,566
Iowa State Finance Authority, Revenue Bond, Series B      
0.47%, 08/01/24 350,000   348,873
Metropolitan Water District of Salt Lake & Sandy, Revenue Bond, Series B      
0.82%, 07/01/25 475,000   473,711
1.52%, 07/01/28 200,000   200,198
Montgomery Water Works & Sanitary Sewer Board, Revenue Bond      
2.00%, 09/01/26 400,000   415,516
Narragansett Bay Commission, Revenue Bond      
2.09%, 09/01/30 500,000   509,280
New York City Housing Development Corporation, Revenue Bond, Series B      
0.82%, 05/01/25 150,000   148,944
0.92%, 11/01/25 200,000   197,863
1.02%, 05/01/26 250,000   246,351
New York State Housing Finance Agency, Revenue Bond (SonyMA Insured)      
1.13%, 11/01/25 165,000   164,624
North Carolina Capital Facilities Finance Agency, Revenue Bond, Series B      
1.05%, 10/01/23 150,000   149,927
1.43%, 10/01/24 100,000   99,672
Pontiac Wastewater Treatment Facility Drainage District, Special Assessment Bond (County Gtd.)      
2.00%, 06/01/22 545,000   551,545
Regional Transportation District Sales Tax, Revenue Bond, Series A      
0.70%, 11/01/25 600,000   590,641
Riverside Community College District, General Obligation      
0.82%, 08/01/25 195,000   194,781
Romulus Community Schools, General Obligation, Series B (Q-SBLF Insured)      
1.00%, 05/01/25 200,000   199,901
San Antonio Education Facilities Corporation, Revenue Bond      
1.74%, 04/01/25 250,000   249,795
Santa Clara Valley Water District COPS, Series D      
1.78%, 06/01/31 440,000   435,325
Silicon Valley Clean Water, Revenue Bond, Series A      
1.38%, 08/01/27 240,000   240,445
Somerset County Improvement Authority, Revenue Bond (County Gtd.)      
0.97%, 04/15/25 530,000   531,596
    Par   Value
Spartanburg Sanitary Sewer District, Revenue Bond      
1.19%, 03/01/26 $300,000   $301,979
State of California Department of Water Resources, Revenue Bond      
0.51%, 12/01/24 750,000   747,057
Tift County Hospital Authority, Revenue Bond (County Gtd.)      
1.05%, 12/01/25 325,000   324,865
United Independent School District, General Obligation (PSF-Gtd.)      
5.00%, 08/15/25 160,000   185,493
Upper Santa Clara Valley Joint Powers Authority, Revenue Bond, Series B      
1.18%, 08/01/26 360,000   360,310
Total Municipal Bonds
(Cost $16,278,886)
    16,252,199
PRIVATE INVESTMENTS — 0.6%
Calvert Impact Capital, Inc.
2.50%, 01/30/26
1,000,000   1,000,000
Waymaker ValueAdd Real Estate Fund LP τ   —     —
Total Private Investments
(Cost $1,000,000)
    1,000,000
    
    Shares  
COMMON STOCKS — 33.3%
Consumer Discretionary — 1.5%  
Home Depot, Inc. (The) 3,053 1,002,178
NIKE, Inc. Class B 7,583 1,101,279
Tesla, Inc.* 591 458,308
      2,561,765
Consumer Staples — 0.3%  
McCormick & Co., Inc. (Non-Voting Shares) 5,417 438,939
Financials — 3.4%  
Marsh & McLennan Cos., Inc. 15,067 2,281,596
Progressive Corporation (The) 15,559 1,406,378
Walker & Dunlop, Inc. 19,104 2,168,304
      5,856,278
Health Care — 2.8%  
Accolade, Inc.* 12,015 506,673
Encompass Health Corporation 24,423 1,832,702
Humana, Inc. 6,401 2,490,949
      4,830,324
Industrials — 3.7%  
Evoqua Water Technologies Corporation* 81,738 3,070,079
Westinghouse Air Brake Technologies Corporation 18,514 1,596,092
Xylem, Inc. 13,689 1,693,056
      6,359,227
 
130

    Shares   Value
Information Technology — 18.5%    
Adobe, Inc.* 6,106   $3,515,346
Autodesk, Inc.* 12,113   3,454,264
Avalara, Inc.* 12,655   2,211,714
Bill.com Holdings, Inc.* 4,708   1,256,801
Cadence Design Systems, Inc.* 9,750   1,476,540
IPG Photonics Corporation* 11,227   1,778,357
Lam Research Corporation 3,940   2,242,451
Mastercard, Inc. Class A 5,102   1,773,863
Microchip Technology, Inc. 12,556   1,927,221
Microsoft Corporation 19,695   5,552,414
NVIDIA Corporation 14,969   3,100,978
Texas Instruments, Inc. 9,651   1,855,019
Zendesk, Inc.* 13,885   1,616,075
        31,761,043
Materials — 0.7%    
Avery Dennison Corporation 6,205   1,285,738
Real Estate — 2.4%    
Crown Castle International Corporation REIT 8,076   1,399,732
Equinix, Inc. REIT 2,035   1,607,915
Prologis, Inc. REIT 8,765   1,099,394
        4,107,041
Total Common Stocks
(Cost $50,067,260)
    57,200,355
FOREIGN COMMON STOCKS — 27.1%
Australia — 0.3%    
Nanosonics, Ltd.* 97,002   434,227
Canada — 2.9%    
Boralex, Inc. Class A 44,020   1,299,817
Innergex Renewable Energy, Inc. 82,919   1,328,956
Intact Financial Corporation 17,529   2,317,825
        4,946,598
France — 2.6%    
Legrand SA 15,559   1,667,142
Orange SA 35,847   387,680
Schneider Electric SE 14,575   2,427,525
        4,482,347
Germany — 1.9%    
adidas AG 5,121   1,609,308
Knorr-Bremse AG 16,219   1,735,297
        3,344,605
Hong Kong — 1.5%    
AIA Group, Ltd. 186,000   2,139,820
Linklogis, Inc. Class B 144A * 462,887   474,493
        2,614,313
Ireland — 2.8%    
Aon PLC Class A 10,625   3,036,306
ICON PLC* 7,100   1,860,342
        4,896,648
Japan — 5.5%    
Murata Manufacturing Co., Ltd. 23,700   2,096,324
Nidec Corporation 9,500   1,047,280
    Shares   Value
Nintendo Co., Ltd.Δ 4,300   $2,054,896
Shimadzu Corporation 45,100   1,980,619
Shimano, Inc. 7,700   2,249,842
        9,428,961
Jersey — 1.3%    
Aptiv PLC* 14,870   2,215,184
Netherlands — 2.2%    
ASML Holding NV 2,856   2,133,599
Wolters Kluwer NV 14,969   1,586,662
        3,720,261
Switzerland — 1.4%    
TE Connectivity, Ltd. 17,037   2,337,817
Taiwan — 1.6%    
Taiwan Semiconductor Manufacturing Co., Ltd. ADR 24,400   2,724,260
United Kingdom — 3.1%    
Atlassian Corporation PLC Class A* 5,121   2,004,462
DS Smith PLC 295,734   1,633,252
SSE PLC 81,047   1,706,455
        5,344,169
Total Foreign Common Stocks
(Cost $44,647,120)
    46,489,390
MONEY MARKET FUNDS — 5.3%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø ∞
8,478,129   8,478,129
Northern Institutional Liquid Assets Portfolio (Shares), 0.03%Ø § 650,249   650,249
Total Money Market Funds
(Cost $9,128,378)
    9,128,378
TOTAL INVESTMENTS  —99.6%
(Cost $162,593,456)
    170,971,667
Other Assets in Excess of
Liabilities — 0.4%
    762,525
NET ASSETS — 100.0%     $171,734,192
131

GLOBAL IMPACT FUND
SCHEDULE OF INVESTMENTS (Continued)
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
Canadian Dollars/U.S. Dollars   12/2021   6   $473,940   $361
MSCI EAFE Index   12/2021   46   5,214,100   (246,482)
MSCI Emerging Markets   12/2021   41   2,553,480   (120,711)
S&P/TSX 60 Index   12/2021   3   566,604   (13,977)
10-Year U.S. Treasury Note   12/2021   (40)   (5,264,375)   69,375
Ultra 10-Year U.S. Treasury Note   12/2021   (8)   (1,162,000)   22,008
Ultra Long U.S. Treasury Bond   12/2021   33   6,305,062   (219,618)
2-Year U.S. Treasury Note   12/2021   25   5,501,367   (3,125)
5-Year U.S. Treasury Note   12/2021   8   981,938   (6,187)
Total Futures Contracts outstanding at September 30, 2021           $15,170,116   $(518,356)
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
132

EQUITY INDEX FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
COMMON STOCKS — 94.3%
Communication Services — 11.2%    
Activision Blizzard, Inc. 58,450   $4,523,446
Alphabet, Inc. Class A* 23,887   63,862,372
Alphabet, Inc. Class C* 23,016   61,344,775
AT&T, Inc. 621,024   16,773,858
Charter Communications, Inc. Class AΔ* 11,090   8,068,640
Comcast Corporation Class A 376,227   21,042,376
Discovery, Inc. Class AΔ* 27,796   705,463
Discovery, Inc. Class CΔ* 15,921   386,403
DISH Network Corporation Class AΔ* 18,408   800,012
Electronic Arts, Inc. 25,211   3,586,265
Facebook, Inc. Class A* 192,258   65,250,443
Fox Corporation Class A 31,129   1,248,584
Fox Corporation Class B 9,099   337,755
Interpublic Group of Cos., Inc. (The) 47,139   1,728,587
Live Nation Entertainment, Inc.Δ* 10,940   996,962
Lumen Technologies, Inc.Δ 121,774   1,508,780
Match Group, Inc.* 13,532   2,124,389
Netflix, Inc.* 35,817   21,860,548
News Corporation Class A 13,865   326,243
News Corporation Class B 13,984   324,848
Omnicom Group, Inc. 24,095   1,745,924
Take-Two Interactive Software, Inc.* 10,102   1,556,415
T-Mobile US, Inc.* 47,662   6,089,297
Twitter, Inc.* 60,429   3,649,307
Verizon Communications, Inc. 351,734   18,997,153
ViacomCBS, Inc. Class B 52,671   2,081,031
Walt Disney Co. (The)* 146,419   24,769,702
        335,689,578
Consumer Discretionary — 11.7%    
Advance Auto Parts, Inc. 6,948   1,451,368
Amazon.com, Inc.* 34,427   113,094,072
AutoZone, Inc.* 2,011   3,414,658
Bath & Body Works, Inc. 18,529   1,167,883
Best Buy Co., Inc. 15,833   1,673,706
Booking Holdings, Inc.* 3,419   8,116,262
BorgWarner, Inc.Δ 6,279   271,316
CarMax, Inc.Δ* 16,274   2,082,421
Carnival CorporationΔ* 61,806   1,545,768
Chipotle Mexican Grill, Inc.* 2,169   3,942,201
D.R. Horton, Inc. 20,166   1,693,339
Darden Restaurants, Inc. 9,727   1,473,349
Dollar General Corporation 18,720   3,971,261
Dollar Tree, Inc.* 18,243   1,746,220
Domino’s Pizza, Inc. 3,030   1,445,189
eBay, Inc. 59,500   4,145,365
Etsy, Inc.Δ* 9,267   1,927,165
Expedia Group, Inc.* 10,462   1,714,722
Ford Motor Co.* 322,040   4,560,086
Gap, Inc. (The)Δ 36,887   837,335
General Motors Co.* 106,950   5,637,335
Genuine Parts Co. 12,313   1,492,705
Hanesbrands, Inc. 39,392   675,967
Hasbro, Inc. 10,784   962,148
    Shares   Value
Hilton Worldwide Holdings, Inc.* 25,822   $3,411,344
Home Depot, Inc. (The) 84,598   27,770,139
Leggett & Platt, Inc. 4,991   223,796
Lennar Corporation Class AΔ 21,185   1,984,611
LKQ Corporation* 18,658   938,871
Lowe’s Cos., Inc. 58,190   11,804,423
Marriott International, Inc. Class A* 24,143   3,575,337
McDonald’s Corporation 64,280   15,498,551
Mohawk Industries, Inc.* 2,387   423,454
Newell Brands, Inc. 39,118   866,073
NIKE, Inc. Class B 104,453   15,169,709
Norwegian Cruise Line Holdings, Ltd.Δ* 41,279   1,102,562
NVR, Inc.* 266   1,275,225
O’Reilly Automotive, Inc.* 5,716   3,492,819
Pool Corporation 3,147   1,367,088
PulteGroup, Inc. 11,415   524,177
PVH Corporation* 2,959   304,156
Ralph Lauren Corporation 2,058   228,520
Ross Stores, Inc. 25,592   2,785,689
Royal Caribbean Cruises, Ltd.Δ* 15,182   1,350,439
Starbucks Corporation 100,677   11,105,680
Tapestry, Inc. 24,199   895,847
Target Corporation 41,380   9,466,503
Tesla, Inc.* 64,334   49,889,730
TJX Cos., Inc. (The) 90,590   5,977,128
Tractor Supply Co. 7,490   1,517,549
Ulta Beauty, Inc.* 3,840   1,385,933
Under Armour, Inc. Class A* 20,379   411,248
Under Armour, Inc. Class C* 9,410   164,863
VF Corporation 27,573   1,847,115
Whirlpool Corporation 5,249   1,070,061
Yum! Brands, Inc. 25,974   3,176,880
        350,047,361
Consumer Staples — 5.5%    
Archer-Daniels-Midland Co. 58,262   3,496,303
Campbell Soup Co. 28,952   1,210,483
Church & Dwight Co., Inc. 27,416   2,263,739
Clorox Co. (The) 12,213   2,022,595
Coca-Cola Co. (The) 355,841   18,670,977
Colgate-Palmolive Co. 67,001   5,063,936
Conagra Brands, Inc. 41,499   1,405,571
Costco Wholesale Corporation 36,347   16,332,524
Estee Lauder Cos., Inc. (The) Class A 19,563   5,867,531
General Mills, Inc. 82,355   4,926,476
Hershey Co. (The) 10,717   1,813,852
Hormel Foods Corporation 43,964   1,802,524
J.M. Smucker Co. (The) 15,075   1,809,452
Kellogg Co. 42,353   2,707,204
Kimberly-Clark Corporation 31,736   4,203,116
Kraft Heinz Co. (The) 63,648   2,343,519
Kroger Co. (The) 64,489   2,607,290
Lamb Weston Holdings, Inc. 17,029   1,045,070
McCormick & Co., Inc. (Non-Voting Shares) 25,400   2,058,162
Mondelez International, Inc. Class A 133,352   7,758,419
Monster Beverage Corporation* 41,035   3,645,139
 
133

EQUITY INDEX FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
PepsiCo, Inc. 129,885   $19,536,003
Procter & Gamble Co. (The) 204,366   28,570,367
Sysco Corporation 37,870   2,972,795
Tyson Foods, Inc. Class A 27,409   2,163,667
Walgreens Boots Alliance, Inc. 61,239   2,881,295
Walmart, Inc. 113,177   15,774,610
        164,952,619
Energy — 2.5%    
APA Corporation 23,559   504,869
Archrock, Inc. 13   107
Baker Hughes Co. 33,215   821,407
Cabot Oil & Gas Corporation 29,892   650,450
Chevron Corporation 161,435   16,377,581
ConocoPhillips 112,555   7,627,852
Devon Energy Corporation 38,557   1,369,159
Diamondback Energy, Inc. 10,890   1,030,956
EOG Resources, Inc. 40,407   3,243,470
Exterran Corporation* 6   27
Exxon Mobil Corporation 355,827   20,929,744
Halliburton Co. 74,621   1,613,306
Hess CorporationΔ 18,891   1,475,576
Kinder Morgan, Inc. 146,006   2,442,680
Marathon Oil Corporation 69,854   954,904
Marathon Petroleum Corporation 50,234   3,104,964
Occidental Petroleum Corporation 79,090   2,339,482
ONEOK, Inc.Δ 35,809   2,076,564
Phillips 66Δ 31,961   2,238,229
Pioneer Natural Resources Co. 18,667   3,108,242
Valero Energy Corporation 31,110   2,195,433
Williams Cos., Inc. (The) 96,309   2,498,256
        76,603,258
Financials — 10.8%    
Aflac, Inc. 55,516   2,894,049
Allstate Corporation (The) 28,840   3,671,620
American Express Co. 51,128   8,565,474
American International Group, Inc. 67,569   3,708,862
Ameriprise Financial, Inc. 10,894   2,877,323
Arthur J. Gallagher & Co. 15,093   2,243,574
Assurant, Inc. 2,341   369,293
Bank of America Corporation 621,241   26,371,680
Bank of New York Mellon Corporation (The) 72,967   3,782,609
Berkshire Hathaway, Inc. Class B* 155,715   42,500,852
BlackRock, Inc. 12,151   10,190,558
Brown & Brown, Inc. 18,702   1,037,026
Capital One Financial Corporation 34,907   5,653,887
Cboe Global Markets, Inc. 8,664   1,073,123
Charles Schwab Corporation (The) 124,970   9,102,815
Cincinnati Financial Corporation 10,988   1,255,049
Citigroup, Inc. 170,029   11,932,635
Citizens Financial Group, Inc. 18,464   867,439
CME Group, Inc. 28,081   5,430,304
Comerica, Inc. 10,547   849,034
Discover Financial Services 22,685   2,786,852
Everest Re Group, Ltd. 3,173   795,725
Fifth Third BancorpΔ 52,084   2,210,445
First Republic Bank 11,885   2,292,379
    Shares   Value
Franklin Resources, Inc. 23,495   $698,271
Globe Life, Inc. 4,186   372,680
Goldman Sachs Group, Inc. (The) 27,330   10,331,560
Hartford Financial Services Group, Inc. (The) 28,747   2,019,477
Huntington Bancshares, Inc. 118,830   1,837,112
Intercontinental Exchange, Inc. 43,068   4,945,068
Invesco, Ltd. 43,478   1,048,255
JPMorgan Chase & Co. 249,235   40,797,277
KeyCorp 64,549   1,395,549
Lincoln National Corporation 19,455   1,337,531
Loews Corporation 3,079   166,051
M&T Bank Corporation 10,059   1,502,211
MarketAxess Holdings, Inc. 2,840   1,194,760
Marsh & McLennan Cos., Inc. 39,915   6,044,328
MetLife, Inc. 64,005   3,951,029
Moody’s Corporation 11,483   4,077,728
Morgan Stanley 122,245   11,895,661
MSCI, Inc. 6,556   3,988,277
Nasdaq, Inc. 9,140   1,764,203
Northern Trust Corporation 16,617   1,791,479
People’s United Financial, Inc. 11,480   200,556
PNC Financial Services Group, Inc. (The) 34,137   6,678,563
Principal Financial Group, Inc. 22,421   1,443,912
Progressive Corporation (The) 45,104   4,076,951
Prudential Financial, Inc. 36,128   3,800,666
Raymond James Financial, Inc. 13,842   1,277,340
Regions Financial Corporation 40,587   864,909
S&P Global, Inc.Δ 18,528   7,872,362
State Street Corporation 30,870   2,615,306
SVB Financial Group* 4,197   2,714,955
Synchrony Financial 55,655   2,720,416
T. Rowe Price Group, Inc.Δ 15,490   3,046,883
Travelers Cos., Inc. (The) 21,004   3,192,818
Truist Financial Corporation 104,234   6,113,324
U.S. Bancorp 117,801   7,002,091
W.R. Berkley Corporation 11,267   824,519
Wells Fargo & Co. 334,461   15,522,335
Zions Bancorp NA 7,446   460,833
        324,049,853
Health Care — 12.1%    
Abbott Laboratories 147,641   17,440,831
ABIOMED, Inc.* 4,950   1,611,324
Agilent Technologies, Inc. 39,257   6,184,155
Align Technology, Inc.* 6,636   4,415,793
Amgen, Inc. 58,876   12,519,981
Anthem, Inc. 21,194   7,901,123
Baxter International, Inc. 49,046   3,944,770
Becton, Dickinson and Co. 26,061   6,406,315
Biogen, Inc.* 17,105   4,840,544
Bio-Rad Laboratories, Inc. Class A* 3,122   2,328,856
Boston Scientific Corporation* 120,221   5,216,389
Bristol-Myers Squibb Co. 265,389   15,703,067
Cardinal Health, Inc. 27,527   1,361,485
Catalent, Inc.* 31,379   4,175,604
Centene CorporationΔ* 48,859   3,044,404
 
134

    Shares   Value
Cerner Corporation 28,126   $1,983,446
Charles River Laboratories International, Inc.* 8,314   3,430,938
Cigna Corporation 29,323   5,869,292
CVS Health Corporation 111,494   9,461,381
Danaher Corporation 51,667   15,729,501
DaVita, Inc.* 13,768   1,600,668
DENTSPLY SIRONA, Inc. 26,241   1,523,290
DexCom, Inc.* 7,150   3,910,049
Edwards Lifesciences Corporation* 57,327   6,489,990
Eli Lilly and Co. 73,112   16,892,528
Gilead Sciences, Inc. 161,179   11,258,353
HCA Healthcare, Inc. 23,088   5,603,919
Henry Schein, Inc.* 11,738   893,966
Hologic, Inc.* 29,305   2,163,002
Humana, Inc. 10,676   4,154,565
IDEXX Laboratories, Inc.* 7,551   4,695,967
Illumina, Inc.* 12,688   5,146,380
Incyte Corporation* 41,125   2,828,578
Intuitive Surgical, Inc.* 9,533   9,477,232
IQVIA Holdings, Inc.* 33,184   7,948,895
Johnson & Johnson 242,422   39,151,153
Laboratory Corporation of America Holdings* 7,436   2,092,788
McKesson Corporation 13,291   2,649,960
Mettler-Toledo International, Inc.* 2,979   4,103,155
Moderna, Inc.* 29,118   11,206,353
Organon & Co. 39,109   1,282,384
PerkinElmer, Inc. 16,506   2,860,325
Quest Diagnostics, Inc. 16,017   2,327,430
Regeneron Pharmaceuticals, Inc.* 12,710   7,691,838
ResMed, Inc. 11,820   3,115,161
Stryker Corporation 27,962   7,374,139
Teleflex, Inc. 4,060   1,528,793
UnitedHealth Group, Inc. 77,031   30,099,093
Universal Health Services, Inc. Class B 6,340   877,266
Vertex Pharmaceuticals, Inc.* 29,389   5,330,871
Viatris, Inc. 188,114   2,548,945
Waters Corporation* 8,175   2,920,928
West Pharmaceutical Services, Inc. 5,815   2,468,700
Zimmer Biomet Holdings, Inc. 21,341   3,123,469
Zoetis, Inc. 61,152   11,872,049
        362,781,381
Industrials — 7.5%    
3M Co. 52,910   9,281,472
A.O. Smith Corporation 16,217   990,372
Alaska Air Group, Inc.* 10,021   587,231
American Airlines Group, Inc.Δ* 66,936   1,373,527
AMETEK, Inc. 16,745   2,076,547
Boeing Co. (The)* 41,191   9,059,549
C.H. Robinson Worldwide, Inc.Δ 12,459   1,083,933
Carrier Global Corporation 63,362   3,279,617
Caterpillar, Inc. 44,540   8,550,344
Cintas Corporation 6,438   2,450,689
Copart, Inc.* 11,178   1,550,612
CSX Corporation 195,759   5,821,873
    Shares   Value
Cummins, Inc. 10,680   $2,398,301
Deere & Co. 24,563   8,230,324
Delta Air Lines, Inc.* 71,807   3,059,696
Dover Corporation 13,712   2,132,216
Emerson Electric Co. 55,944   5,269,925
Equifax, Inc. 8,312   2,106,427
Expeditors International of Washington, Inc. 6,818   812,228
Fastenal Co. 36,004   1,858,166
FedEx Corporation 19,831   4,348,740
Fortive Corporation 28,093   1,982,523
Fortune Brands Home & Security, Inc. 13,017   1,163,980
Generac Holdings, Inc.* 4,876   1,992,675
General Dynamics Corporation 20,407   4,000,384
General Electric Co. 90,769   9,351,930
Honeywell International, Inc. 55,553   11,792,791
Howmet Aerospace, Inc. 32,372   1,010,006
Huntington Ingalls Industries, Inc. 2,805   541,533
IDEX Corporation 5,716   1,182,926
IHS Markit, Ltd. 29,494   3,439,590
Illinois ToolWorks, Inc. 25,469   5,262,660
Ingersoll-Rand, Inc.* 30,890   1,557,165
J.B. Hunt Transport Services, Inc.Δ 3,269   546,642
Jacobs Engineering Group, Inc.Δ 12,155   1,610,902
Kansas City Southern 10,006   2,708,024
L3Harris Technologies, Inc. 16,801   3,700,252
Leidos Holdings, Inc. 10,893   1,047,144
Lockheed Martin Corporation 22,033   7,603,588
Masco Corporation 23,878   1,326,423
Norfolk Southern Corporation 19,839   4,746,481
Northrop Grumman Corporation 12,728   4,583,989
Old Dominion Freight Line, Inc. 7,428   2,124,259
Otis Worldwide Corporation 31,681   2,606,713
PACCAR, Inc. 22,794   1,798,903
Parker-Hannifin Corporation 8,815   2,464,850
Quanta Services, Inc. 5,431   618,156
Raytheon Technologies Corporation 126,686   10,889,929
Republic Services, Inc. 19,655   2,359,779
Robert Half International, Inc. 4,920   493,624
Rockwell Automation, Inc.Δ 8,494   2,497,576
Rollins, Inc. 21,375   755,179
Roper Technologies, Inc. 8,524   3,802,812
Snap-on, Inc. 5,899   1,232,596
Southwest Airlines Co.Δ* 54,434   2,799,541
Stanley Black & Decker, Inc. 10,352   1,814,809
Teledyne Technologies, Inc.* 3,268   1,403,867
Textron, Inc. 19,700   1,375,257
TransDigm Group, Inc.Δ* 3,870   2,417,086
Union Pacific Corporation 55,813   10,939,906
United Airlines Holdings, Inc.* 19,397   922,715
United Parcel Service, Inc. Class B 59,797   10,889,034
United Rentals, Inc.Δ* 5,421   1,902,392
Verisk Analytics, Inc. 12,729   2,549,237
W.W. Grainger, Inc. 3,321   1,305,352
Waste Management, Inc.Δ 33,085   4,941,576
Westinghouse Air Brake Technologies CorporationΔ 11,295   973,742
135

EQUITY INDEX FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
Xylem, Inc. 9,669   $1,195,862
        224,548,149
Information Technology — 26.1%    
Adobe, Inc.* 38,494   22,161,766
Advanced Micro Devices, Inc.* 97,492   10,031,927
Akamai Technologies, Inc.* 12,022   1,257,381
Amphenol Corporation Class AΔ 53,795   3,939,408
Analog Devices, Inc. 41,848   7,008,703
ANSYS, Inc.* 7,710   2,624,869
Apple, Inc. 1,256,726   177,826,729
Applied Materials, Inc. 71,724   9,233,031
Arista Networks, Inc.* 4,638   1,593,802
Autodesk, Inc.* 15,847   4,519,089
Automatic Data Processing, Inc. 36,726   7,342,262
Broadcom, Inc. 34,492   16,726,206
Broadridge Financial Solutions, Inc. 6,807   1,134,318
Cadence Design Systems, Inc.* 18,580   2,813,755
CDW Corporation 11,000   2,002,220
Ceridian HCM Holding, Inc.Δ* 10,792   1,215,395
Cisco Systems, Inc. 350,235   19,063,291
Citrix Systems, Inc. 9,508   1,020,874
Cognizant Technology Solutions Corporation Class A 43,559   3,232,513
Corning, Inc. 59,799   2,182,066
DXC Technology Co.* 18,725   629,347
Enphase Energy, Inc.* 11,154   1,672,765
F5 Networks, Inc.* 2,480   492,974
Fidelity National Information Services, Inc. 47,995   5,840,032
Fiserv, Inc.* 43,328   4,701,088
FleetCor Technologies, Inc.* 6,254   1,633,983
Fortinet, Inc.* 9,885   2,886,815
Gartner, Inc.* 5,295   1,609,045
Global Payments, Inc. 22,769   3,587,939
Hewlett Packard Enterprise Co.Δ 113,804   1,621,707
HP, Inc.Δ 114,004   3,119,149
Intel Corporation 328,598   17,507,701
International Business Machines Corporation 75,798   10,530,616
Intuit, Inc. 22,108   11,927,487
IPG Photonics Corporation* 2,807   444,629
Jack Henry & Associates, Inc. 5,530   907,252
Juniper Networks, Inc. 15,019   413,323
Keysight Technologies, Inc.* 13,420   2,204,772
KLA Corporation 11,211   3,750,192
Lam Research CorporationΔ 10,705   6,092,751
Mastercard, Inc. Class A 68,771   23,910,301
Microchip Technology, Inc. 20,515   3,148,847
Micron Technology, Inc. 84,017   5,963,527
Microsoft Corporation 605,174   170,610,654
Monolithic Power Systems, Inc. 3,300   1,599,444
Motorola Solutions, Inc. 13,048   3,031,311
NetApp, Inc. 21,788   1,955,691
NortonLifeLock, Inc. 47,298   1,196,639
NVIDIA Corporation 200,218   41,477,161
Oracle Corporation 151,041   13,160,202
Paychex, Inc. 27,668   3,111,267
    Shares   Value
Paycom Software, Inc.* 3,850   $1,908,638
PayPal Holdings, Inc.* 94,369   24,555,757
PTC, Inc.* 8,101   970,419
Qorvo, Inc.* 9,101   1,521,596
QUALCOMM, Inc. 91,816   11,842,428
salesforce.com, Inc.* 78,014   21,158,957
ServiceNow, Inc.* 16,274   10,126,822
Skyworks Solutions, Inc. 15,074   2,483,894
Synopsys, Inc.* 13,432   4,021,675
Teradyne, Inc.Δ 12,953   1,414,079
Texas Instruments, Inc. 78,134   15,018,136
Trimble, Inc.* 19,275   1,585,369
Tyler Technologies, Inc.* 3,141   1,440,620
VeriSign, Inc.* 7,867   1,612,814
Visa, Inc. Class AΔ 135,771   30,242,990
Western Digital Corporation* 24,973   1,409,476
Western Union Co. (The) 39,393   796,526
Xilinx, Inc. 18,364   2,772,780
Zebra Technologies Corporation Class A* 4,187   2,158,064
        784,709,256
Materials — 1.9%    
Air Products and Chemicals, Inc. 18,561   4,753,658
Albemarle Corporation 8,321   1,822,049
Avery Dennison Corporation 3,272   677,991
Ball Corporation 26,240   2,360,813
Celanese Corporation 9,582   1,443,433
CF Industries Holdings, Inc. 17,082   953,517
Corteva, Inc. 55,219   2,323,616
Dow, Inc. 72,331   4,163,372
DuPont de Nemours, Inc. 47,302   3,216,063
Eastman Chemical Co. 14,389   1,449,548
Ecolab, Inc. 16,680   3,479,782
FMC Corporation 5,397   494,149
Freeport-McMoRan, Inc. 112,863   3,671,433
International Flavors & Fragrances, Inc. 19,185   2,565,418
International Paper Co. 43,581   2,437,050
Martin Marietta Materials, Inc. 5,969   2,039,488
Mosaic Co. (The) 26,057   930,756
Newmont Corporation 67,991   3,691,911
Nucor Corporation 32,443   3,195,311
Packaging Corporation of America 6,567   902,568
PPG Industries, Inc. 18,443   2,637,533
Sealed Air Corporation 10,710   586,801
Sherwin-Williams Co. (The) 19,044   5,327,178
Vulcan Materials Co. 11,222   1,898,314
Westrock Co. 21,818   1,087,191
        58,108,943
Real Estate — 2.6%    
Alexandria Real Estate Equities, Inc. REIT 11,494   2,196,159
American Tower Corporation REIT 37,022   9,826,009
AvalonBay Communities, Inc. REIT 11,730   2,599,837
Boston Properties, Inc. REITΔ 11,272   1,221,321
CBRE Group, Inc. Class A* 35,708   3,476,531
 
136

    Shares   Value
Crown Castle International Corporation REIT 35,778   $6,201,043
Digital Realty Trust, Inc. REITΔ 25,560   3,692,142
Duke Realty Corporation REIT 32,547   1,558,025
Equinix, Inc. REIT 6,878   5,434,514
Equity Residential REIT 36,341   2,940,714
Essex Property Trust, Inc. REIT 5,627   1,799,177
Extra Space Storage, Inc. REIT 8,534   1,433,627
Federal Realty Investment Trust REITΔ 2,600   306,774
Healthpeak Properties, Inc. REIT 46,597   1,560,068
Host Hotels & Resorts, Inc. REIT* 47,435   774,613
Iron Mountain, Inc. REITΔ 32,755   1,423,205
Kimco Realty Corporation REIT 56,971   1,182,148
Mid-America Apartment Communities, Inc. REITΔ 7,607   1,420,607
Prologis, Inc. REIT 61,392   7,700,399
Public Storage REIT 13,141   3,904,191
Realty Income Corporation REIT 28,647   1,858,044
Regency Centers Corporation REIT 15,104   1,016,952
SBA Communications Corporation REIT 9,082   3,002,237
Simon Property Group, Inc. REIT 25,427   3,304,747
UDR, Inc. REITΔ 16,995   900,395
Ventas, Inc. REIT 33,547   1,852,130
Vornado Realty Trust REIT 15,993   671,866
Welltower, Inc. REITΔ 31,626   2,605,982
Weyerhaeuser Co. REIT 66,786   2,375,578
        78,239,035
Utilities — 2.4%    
AES Corporation (The) 56,201   1,283,069
Alliant Energy Corporation 22,632   1,266,939
Ameren CorporationΔ 19,884   1,610,604
American Electric Power Co., Inc. 43,060   3,495,611
American Water Works Co., Inc. 13,583   2,296,070
Atmos Energy Corporation 8,640   762,048
CenterPoint Energy, Inc. 50,231   1,235,683
CMS Energy Corporation 24,417   1,458,427
Consolidated Edison, Inc. 33,879   2,459,277
Dominion Energy, Inc. 72,926   5,325,056
DTE Energy Co. 16,224   1,812,383
Duke Energy Corporation 67,901   6,626,459
Edison International 40,240   2,232,113
Entergy Corporation 11,610   1,152,989
Evergy, Inc. 17,247   1,072,763
Eversource Energy 30,559   2,498,504
Exelon Corporation 65,931   3,187,104
FirstEnergy Corporation 51,603   1,838,099
NextEra Energy, Inc. 157,748   12,386,373
NiSource, Inc. 23,079   559,204
NRG Energy, Inc.Δ 19,377   791,163
Pinnacle West Capital Corporation 4,108   297,255
PPL Corporation 73,784   2,057,098
Public Service Enterprise Group, Inc. 46,751   2,847,136
Sempra Energy 20,984   2,654,476
Southern Co. (The) 92,202   5,713,758
WEC Energy Group, Inc. 26,694   2,354,411
    Shares   Value
Xcel Energy, Inc. 35,982   $2,248,875
        73,522,947
Total Common Stocks
(Cost $1,572,413,754)
  2,833,252,380
FOREIGN COMMON STOCKS — 3.2%
Curacao — 0.1%    
Schlumberger NV 121,737   3,608,285
Ireland — 2.3%    
Accenture PLC Class A 50,763   16,240,099
Allegion PLC 11,277   1,490,594
Aon PLC Class A 19,060   5,446,776
Eaton Corporation PLC 34,612   5,167,918
Johnson Controls International PLC 75,803   5,160,668
Linde PLC 42,397   12,438,432
Medtronic PLC 114,412   14,341,544
Pentair PLCΔ 6,692   486,040
Seagate Technology Holdings PLC 24,342   2,008,702
STERIS PLC 7,533   1,538,841
Trane Technologies PLC 16,206   2,797,966
Willis Towers Watson PLC 8,889   2,066,337
        69,183,917
Jersey — 0.2%    
Amcor PLC 120,129   1,392,295
Aptiv PLC* 18,385   2,738,814
        4,131,109
Netherlands — 0.2%    
LyondellBasell Industries NV Class A 27,312   2,563,231
NXP Semiconductor NV 21,486   4,208,463
        6,771,694
Switzerland — 0.4%    
Chubb, Ltd. 35,583   6,172,939
Garmin, Ltd. 8,253   1,283,011
TE Connectivity, Ltd. 28,610   3,925,864
        11,381,814
United Kingdom — 0.0%    
Nielsen Holdings PLCΔ 40,749   781,973
Total Foreign Common Stocks
(Cost $61,373,330)
  95,858,792
MONEY MARKET FUNDS — 2.4%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
71,809,895   71,809,895
Northern Institutional Liquid Assets Portfolio (Shares), 0.03%ا 1,060,416   1,060,416
Total Money Market Funds
(Cost $72,870,311)
  72,870,311
TOTAL INVESTMENTS99.9%
(Cost $1,706,657,395)
    3,001,981,483
Other Assets in Excess of
Liabilities — 0.1%
    2,740,031
NET ASSETS — 100.0%     $3,004,721,514
137

EQUITY INDEX FUND
SCHEDULE OF INVESTMENTS (Continued)
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
S&P 500® E-Mini   12/2021   338   $72,631,975   $(2,931,658)
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
138

VALUE EQUITY FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
COMMON STOCKS — 85.5%
Communication Services — 6.4%    
Altice U.S.A., Inc. Class A* 570,240   $11,815,373
AT&T, Inc. 198,239   5,354,435
Comcast Corporation Class A 446,511   24,973,360
Discovery, Inc. Class AΔ* 159,469   4,047,323
Fox Corporation Class A 121,254   4,863,498
T-Mobile US, Inc.* 70,876   9,055,118
Verizon Communications, Inc. 354,714   19,158,103
ViacomCBS, Inc. Class B 141,672   5,597,461
        84,864,671
Consumer Discretionary — 9.0%    
Advance Auto Parts, Inc. 94,310   19,700,416
Aramark 295,120   9,697,643
Darden Restaurants, Inc. 36,063   5,462,463
Dick's Sporting Goods, Inc.Δ 24,995   2,993,651
Dollar General Corporation 59,472   12,616,390
Gap, Inc. (The)Δ 68,400   1,552,680
Lennar Corporation Class A 154,735   14,495,575
Lowe’s Cos., Inc. 125,162   25,390,363
Ralph Lauren Corporation 99,781   11,079,682
Target Corporation 68,692   15,714,669
        118,703,532
Consumer Staples — 4.3%    
Colgate-Palmolive Co. 57,268   4,328,315
Conagra Brands, Inc. 338,362   11,460,321
Kimberly-Clark Corporation 36,325   4,810,883
Lamb Weston Holdings, Inc. 113,472   6,963,777
Mondelez International, Inc. Class A 114,214   6,644,971
PepsiCo, Inc. 72,698   10,934,506
Post Holdings, Inc.* 50,515   5,564,732
Walmart, Inc. 41,879   5,837,095
        56,544,600
Energy — 4.8%    
Baker Hughes Co. 244,325   6,042,157
Chevron Corporation 188,491   19,122,412
Exxon Mobil Corporation 61,085   3,593,020
Hess Corporation 166,080   12,972,509
Phillips 66Δ 179,135   12,544,824
Pioneer Natural Resources Co. 26,911   4,480,951
Valero Energy Corporation 61,011   4,305,546
        63,061,419
Financials — 18.9%    
Aflac, Inc. 121,996   6,359,651
Allstate Corporation (The) 42,649   5,429,644
American Express Co. 37,719   6,319,064
American International Group, Inc. 269,745   14,806,303
Ameriprise Financial, Inc. 23,878   6,306,657
Bank of New York Mellon Corporation (The) 206,551   10,707,604
Berkshire Hathaway, Inc. Class B* 89,297   24,372,723
BlackRock, Inc. 13,175   11,049,346
Blackstone, Inc. 36,000   4,188,240
Cincinnati Financial Corporation 46,960   5,363,771
Citigroup, Inc. 196,946   13,821,670
    Shares   Value
Franklin Resources, Inc. 105,105   $3,123,721
Goldman Sachs Group, Inc. (The) 18,089   6,838,185
Intercontinental Exchange, Inc. 68,874   7,908,113
JPMorgan Chase & Co. 199,202   32,607,375
Marsh & McLennan Cos., Inc. 49,391   7,479,279
MetLife, Inc. 121,951   7,528,035
Morgan Stanley 61,400   5,974,834
Northern Trust Corporation 80,131   8,638,923
Progressive Corporation (The) 84,060   7,598,183
Reinsurance Group of America, Inc. 75,976   8,453,090
Signature Bank 21,035   5,727,410
Truist Financial Corporation 138,574   8,127,365
U.S. Bancorp 196,986   11,708,848
Wells Fargo & Co. 404,089   18,753,771
        249,191,805
Health Care — 10.5%    
Anthem, Inc. 38,861   14,487,381
Becton, Dickinson and Co. 32,991   8,109,848
Bristol-Myers Squibb Co. 82,077   4,856,496
Centene Corporation* 115,343   7,187,022
Cerner Corporation 141,447   9,974,842
CVS Health Corporation 139,267   11,818,198
Gilead Sciences, Inc. 75,839   5,297,354
Johnson & Johnson 221,558   35,781,617
McKesson Corporation 34,135   6,805,836
Molina Healthcare, Inc.* 33,025   8,960,013
UnitedHealth Group, Inc. 38,175   14,916,500
Zimmer Biomet Holdings, Inc. 69,483   10,169,532
        138,364,639
Industrials — 11.0%    
AECOM* 151,614   9,574,424
Deere & Co. 43,210   14,478,375
Emerson Electric Co. 88,816   8,366,467
Fastenal Co. 116,141   5,994,037
General Dynamics Corporation 30,631   6,004,595
General Electric Co. 78,183   8,055,195
Hubbell, Inc. 17,019   3,074,823
J.B. Hunt Transport Services, Inc. 93,102   15,568,516
Jacobs Engineering Group, Inc.Δ 25,181   3,337,238
L3Harris Technologies, Inc. 12,078   2,660,059
Lockheed Martin Corporation 15,561   5,370,101
Norfolk Southern Corporation 33,600   8,038,800
Quanta Services, Inc. 35,454   4,035,374
Raytheon Technologies Corporation 227,802   19,581,860
Stanley Black & Decker, Inc. 42,684   7,482,932
Textron, Inc. 110,657   7,724,965
United Parcel Service, Inc. Class B 84,884   15,457,376
        144,805,137
Information Technology — 11.2%    
Apple, Inc. 83,372   11,797,138
Broadcom, Inc. 35,904   17,410,927
Cisco Systems, Inc. 384,609   20,934,268
Cognizant Technology Solutions Corporation Class A 157,604   11,695,793
Corning, Inc. 116,060   4,235,029
 
139

VALUE EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
F5 Networks, Inc.* 23,396   $4,650,657
Fiserv, Inc.* 49,104   5,327,784
HP, Inc.Δ 118,350   3,238,056
Intel Corporation 114,770   6,114,946
International Business Machines Corporation 48,974   6,803,958
Juniper Networks, Inc. 69,800   1,920,896
Microsoft Corporation 37,630   10,608,649
ON Semiconductor Corporation* 166,572   7,624,000
Oracle Corporation 91,761   7,995,136
Paychex, Inc. 58,782   6,610,036
QUALCOMM, Inc. 33,953   4,379,258
Texas Instruments, Inc. 86,859   16,695,168
        148,041,699
Materials — 4.2%    
Air Products and Chemicals, Inc. 25,384   6,501,096
Axalta Coating Systems, Ltd. 150,422   4,390,818
Corteva, Inc. 288,831   12,154,008
DuPont de Nemours, Inc. 55,851   3,797,310
Freeport-McMoRan, Inc. 210,127   6,835,431
International Flavors & Fragrances, Inc. 122,367   16,362,915
Sonoco Products Co. 79,869   4,758,595
        54,800,173
Real Estate — 1.6%    
American Tower Corporation REIT 23,856   6,331,621
Crown Castle International Corporation REIT 41,986   7,277,013
Jones Lang LaSalle, Inc.* 17,675   4,384,991
Weyerhaeuser Co. REIT 92,901   3,304,489
        21,298,114
Utilities — 3.6%    
AES Corporation (The) 257,310   5,874,387
Atmos Energy Corporation 119,176   10,511,323
Dominion Energy, Inc. 101,634   7,421,315
Duke Energy Corporation 56,502   5,514,030
Edison International 47,844   2,653,907
Exelon Corporation 141,829   6,856,014
Pinnacle West Capital Corporation 87,513   6,332,441
Sempra Energy 21,890   2,769,085
        47,932,502
Total Common Stocks
(Cost $889,544,254)
  1,127,608,291
FOREIGN COMMON STOCKS — 11.1%
Canada — 0.4%    
Open Text Corporation 102,497   4,995,704
France — 0.8%    
TotalEnergies SE ADRΔ 226,959   10,878,145
Germany — 0.8%    
Siemens AG 61,515   10,060,843
Ireland — 4.3%    
Johnson Controls International PLC 155,292   10,572,279
Medtronic PLC 242,889   30,446,136
    Shares   Value
Willis Towers Watson PLC 67,167   $15,613,641
        56,632,056
Japan — 0.4%    
Nintendo Co., Ltd. ADRΔ 83,500   4,947,375
Singapore — 0.4%    
Flex, Ltd.* 317,518   5,613,718
Switzerland — 2.9%    
Chubb, Ltd. 84,995   14,744,933
Nestle SA ADR 67,099   8,065,971
Roche Holding AG (Swiss Exchange) 32,032   11,690,718
TE Connectivity, Ltd. 25,507   3,500,070
        38,001,692
United Kingdom — 1.1%    
Unilever PLC ADR 277,621   15,052,611
Total Foreign Common Stocks
(Cost $121,930,629)
  146,182,144
MONEY MARKET FUNDS — 3.5%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
44,165,701   44,165,701
Northern Institutional Liquid Assets Portfolio (Shares), 0.03%ا 2,727,431   2,727,431
Northern Institutional U.S. Government Portfolio (Shares), 0.00%Ø 60,753   60,753
Total Money Market Funds
(Cost $46,953,885)
  46,953,885
TOTAL INVESTMENTS100.1%
(Cost $1,058,428,768)
    1,320,744,320
Liabilities in Excess of Other
Assets — (0.1)%
    (1,408,759)
NET ASSETS — 100.0%     $1,319,335,561
 
140

Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
S&P 500® E-Mini   12/2021   218   $46,845,475   $(1,860,400)
Forward Foreign Currency Contracts outstanding at September 30, 2021:
Expiration Date   Currency
Purchased
  Amount
of Currency
Purchased
  Currency
Sold
  Amount
of Currency
Sold
  Counter-
party
  Net Unrealized
Appreciation
(Depreciation)
12/31/21   U.S. Dollars   21,170,586   Euro   18,009,171   CS   $264,511
12/31/21   U.S. Dollars   14,590,944   British Pounds   10,686,956   JPM   187,493
12/30/21   U.S. Dollars   11,311,676   Swiss Francs   10,408,186   MSCS   115,223
12/31/21   Euro   400,375   U.S. Dollars   464,248   CS   530
Subtotal Appreciation                   $567,757
12/31/21   U.S. Dollars   432,452   British Pounds   321,200   JPM   $(449)
Subtotal Depreciation                   $(449)
Total Forward Foreign Currency Contracts outstanding at September 30, 2021       $567,308
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
141

GROWTH EQUITY FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
COMMON STOCKS — 88.6%
Communication Services — 15.6%    
Alphabet, Inc. Class A* 7,415   $19,824,151
Alphabet, Inc. Class C* 14,328   38,188,562
Charter Communications, Inc. Class AΔ* 12,492   9,088,679
Facebook, Inc. Class A* 268,818   91,234,141
Match Group, Inc.* 164,221   25,781,055
Netflix, Inc.* 62,395   38,082,164
Pinterest, Inc. Class A* 163,854   8,348,361
Sea, Ltd. ADRΔ* 142,357   45,373,447
Walt Disney Co. (The)* 162,989   27,572,849
Warner Music Group Corporation Class A 178,348   7,622,593
Zillow Group, Inc. Class C* 58,507   5,156,807
        316,272,809
Consumer Discretionary — 12.3%    
Advance Auto Parts, Inc. 46,647   9,744,092
Airbnb, Inc. Class A* 34,420   5,773,955
Amazon.com, Inc.* 37,629   123,612,770
Booking Holdings, Inc.* 3,889   9,231,980
Carvana Co.Δ* 16,441   4,957,619
Chewy, Inc. Class AΔ* 134,997   9,194,646
DoorDash, Inc. Class A* 45,021   9,273,426
Floor & Decor Holdings, Inc. Class A* 66,354   8,014,900
Home Depot, Inc. (The) 46,732   15,340,246
Lululemon Athletica, Inc.* 22,153   8,965,319
Starbucks Corporation 114,337   12,612,514
Tractor Supply Co. 47,060   9,534,827
Ulta Beauty, Inc.* 33,175   11,973,521
Yum China Holdings, Inc. 75,461   4,385,039
Yum! Brands, Inc. 55,797   6,824,531
        249,439,385
Consumer Staples — 3.0%    
Colgate-Palmolive Co. 185,378   14,010,869
Costco Wholesale Corporation 20,978   9,426,464
Estee Lauder Cos., Inc. (The) Class A 39,634   11,887,426
Monster Beverage Corporation* 295,432   26,243,225
        61,567,984
Financials — 0.8%    
FactSet Research Systems, Inc. 21,200   8,369,336
SEI Investments Co. 119,661   7,095,897
        15,465,233
Health Care — 10.4%    
Align Technology, Inc.* 18,935   12,599,917
BioMarin Pharmaceutical, Inc.* 65,373   5,052,679
Cerner Corporation 63,067   4,447,485
DexCom, Inc.Δ* 42,135   23,041,946
Edwards Lifesciences Corporation* 172,945   19,579,104
Illumina, Inc.* 27,582   11,187,535
Intuitive Surgical, Inc.* 32,872   32,679,699
Regeneron Pharmaceuticals, Inc.* 24,761   14,984,862
Sarepta Therapeutics, Inc.Δ* 73,321   6,780,726
UnitedHealth Group, Inc. 53,677   20,973,751
    Shares   Value
Veeva Systems, Inc. Class A* 39,618   $11,416,719
Vertex Pharmaceuticals, Inc.* 63,921   11,594,630
Zoetis, Inc. 190,980   37,076,857
        211,415,910
Industrials — 8.4%    
Boeing Co. (The)* 94,440   20,771,133
Cintas Corporation 31,732   12,079,103
CoStar Group, Inc.* 114,930   9,890,876
Deere & Co. 40,597   13,602,837
Expeditors International of Washington, Inc. 95,678   11,398,120
IDEX Corporation 41,561   8,601,049
IHS Markit, Ltd. 119,333   13,916,614
L3Harris Technologies, Inc. 44,237   9,742,757
Raytheon Technologies Corporation 124,054   10,663,682
Roper Technologies, Inc. 21,582   9,628,378
Uber Technologies, Inc.* 557,159   24,960,723
United Parcel Service, Inc. Class B 84,907   15,461,565
W.W. Grainger, Inc. 27,327   10,741,151
        171,457,988
Information Technology — 36.0%    
Adobe, Inc.* 65,794   37,878,922
Akamai Technologies, Inc.* 45,630   4,772,442
Apple, Inc. 820,326   116,076,129
Autodesk, Inc.* 134,967   38,488,539
Automatic Data Processing, Inc. 19,045   3,807,476
Cisco Systems, Inc. 176,128   9,586,647
Cloudflare, Inc. Class AΔ* 27,668   3,116,800
Coupa Software, Inc.Δ* 25,450   5,578,131
Fidelity National Information Services, Inc. 72,929   8,874,001
Intuit, Inc. 58,359   31,485,264
Mastercard, Inc. Class A 38,744   13,470,514
Microsoft Corporation 286,607   80,800,245
NVIDIA Corporation 291,923   60,474,769
Oracle Corporation 280,852   24,470,635
Palo Alto Networks, Inc.* 39,613   18,974,627
PayPal Holdings, Inc.* 63,027   16,400,256
QUALCOMM, Inc. 196,032   25,284,207
salesforce.com, Inc.* 175,262   47,534,560
ServiceNow, Inc.* 58,223   36,230,426
Snowflake, Inc. Class A* 22,235   6,724,531
Splunk, Inc.* 70,628   10,220,578
Square, Inc. Class AΔ* 86,992   20,864,161
Twilio, Inc. Class A* 41,756   13,322,252
UiPath, Inc. Class AΔ* 68,038   3,579,479
Visa, Inc. Class AΔ 354,840   79,040,610
Workday, Inc. Class A* 62,830   15,700,589
Xperi Holding Corporation 3   56
        732,756,846
Materials — 1.0%    
Ecolab, Inc. 40,422   8,432,838
Sherwin-Williams Co. (The) 40,385   11,296,896
        19,729,734
 
142

    Shares   Value
Real Estate — 1.1%    
Equinix, Inc. REIT 13,543   $10,700,730
SBA Communications Corporation REIT 38,296   12,659,509
        23,360,239
Total Common Stocks
(Cost $1,037,481,398)
  1,801,466,128
FOREIGN COMMON STOCKS — 8.6%
Canada — 1.0%    
Shopify, Inc. Class A* 15,593   21,140,678
China — 1.2%    
Alibaba Group Holding, Ltd. ADR* 160,579   23,773,721
Curacao — 0.4%    
Schlumberger NV 245,428   7,274,486
Ireland — 0.5%    
Eaton Corporation PLC 66,110   9,870,884
Israel — 0.2%    
Fiverr International, Ltd.Δ* 22,242   4,063,169
Jersey — 0.5%    
Aptiv PLC* 74,017   11,026,312
Netherlands — 1.6%    
ASML Holding NVΔ 13,700   10,208,007
NXP Semiconductor NVΔ 119,516   23,409,599
        33,617,606
Switzerland — 1.8%    
Alcon, Inc.Δ 128,830   10,366,950
    Shares   Value
Novartis AG ADR 164,707   $13,469,738
Roche Holding AG ADR 274,027   12,460,008
        36,296,696
United Kingdom — 1.4%    
Atlassian Corporation PLC Class A* 70,920   27,759,506
Total Foreign Common Stocks
(Cost $134,476,135)
  174,823,058
MONEY MARKET FUNDS — 3.4%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
57,295,318   57,295,318
Northern Institutional Liquid Assets Portfolio (Shares), 0.03%ا 13,356,999   13,356,999
Northern Institutional U.S. Government Portfolio (Shares), 0.00%Ø 9   9
Total Money Market Funds
(Cost $70,652,326)
  70,652,326
TOTAL INVESTMENTS100.6%
(Cost $1,242,609,859)
    2,046,941,512
Liabilities in Excess of Other
Assets — (0.6)%
    (13,122,078)
NET ASSETS — 100.0%     $2,033,819,434
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
S&P 500® E-Mini   12/2021   268   $57,589,850   $(1,945,061)
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
143

SMALL CAP EQUITY FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
COMMON STOCKS — 93.7%
Communication Services — 2.1%    
ATN International, Inc. 19,706   $923,226
Bandwidth, Inc. Class AΔ* 24,282   2,192,179
Cinemark Holdings, Inc.Δ* 48,570   933,030
comScore, Inc.* 42,720   166,608
Consolidated Communications Holdings, Inc.* 1,300   11,947
Cumulus Media, Inc. Class A* 5,713   69,984
CuriosityStream, Inc.Δ* 107,962   1,137,919
DHI Group, Inc.* 14,410   68,592
Entravision Communications Corporation Class A 202,377   1,436,877
Gray Television, Inc. 64,339   1,468,216
Integral Ad Science Holding CorporationΔ* 115,400   2,380,702
Marchex, Inc. Class BΔ* 4,171   12,450
Nexstar Media Group, Inc. Class A 7,922   1,203,827
Telephone & Data Systems, Inc.Δ 78,725   1,535,138
Townsquare Media, Inc. Class A* 17,247   225,418
TrueCar, Inc.* 54,602   227,144
United States Cellular Corporation* 15,570   496,527
WideOpenWest, Inc.Δ* 10,250   201,413
Yelp, Inc.* 80,144   2,984,563
        17,675,760
Consumer Discretionary — 11.2%    
2U, Inc.Δ* 47,900   1,608,003
Aaron's Co, Inc. (The) 31,102   856,549
Adtalem Global Education, Inc.* 27,923   1,055,769
American Axle & Manufacturing Holdings, Inc.* 122,558   1,079,736
American Eagle Outfitters, Inc.Δ 136,735   3,527,763
American Outdoor Brands, Inc.* 11,336   278,412
American Public Education, Inc.* 17,268   442,234
Bassett Furniture Industries, Inc. 9,223   167,029
Beazer Homes U.S.A., Inc.* 46,805   807,386
Boot Barn Holdings, Inc.* 14,300   1,270,841
Brinker International, Inc.* 44,275   2,171,689
Brunswick Corporation 20,446   1,947,890
Callaway Golf Co.Δ* 55,100   1,522,413
Children's Place, Inc. (The)* 12,813   964,306
Chuy's Holdings, Inc.* 26,988   850,932
Container Store Group, Inc. (The)* 10,800   102,816
Cooper-Standard Holdings, Inc.* 17,676   387,281
Cracker Barrel Old Country Store, Inc. 12,015   1,680,178
Dana, Inc. 80,936   1,800,017
Dave & Buster's Entertainment, Inc.* 41,603   1,594,643
Del Taco Restaurants, Inc. 43,713   381,615
Dillard's, Inc. Class AΔ 7,357   1,269,230
F45 Training Holdings, Inc.Δ* 66,000   987,360
Genesco, Inc.* 5,462   315,321
Goodyear Tire & Rubber Co. (The)* 110,401   1,954,098
Hayward Holdings, Inc.Δ* 24,546   545,903
Helen of Troy, Ltd.Δ* 8,500   1,909,780
Hibbett, Inc. 20,719   1,465,662
    Shares   Value
Hilton Grand Vacations, Inc.* 49,500   $2,354,715
Hooker Furniture Corporation 2,792   75,356
Jack in the Box, Inc. 22,742   2,213,479
KB Home 56,635   2,204,234
La-Z-Boy, Inc. 32,201   1,037,838
Leslie's, Inc.Δ* 117,000   2,403,180
Lifetime Brands, Inc. 2,450   44,566
Lumber Liquidators Holdings, Inc.* 3,359   62,746
Malibu Boats, Inc. Class A* 81,234   5,684,755
MarineMax, Inc.* 38,489   1,867,486
Modine Manufacturing Co.* 10,889   123,372
Mohawk Industries, Inc.* 2,828   501,687
National Vision Holdings, Inc.* 66,500   3,775,205
ODP Corporation (The)* 22,797   915,528
OneSpaWorld Holdings, Ltd.Δ* 154,100   1,536,377
OneWater Marine, Inc. Class AΔ 30,726   1,235,492
Penske Automotive Group, Inc.Δ 32,028   3,222,017
Perdoceo Education Corporation* 29,250   308,880
Planet Fitness, Inc. Class A* 46,000   3,613,300
PowerSchool Holdings, Inc. Class AΔ* 74,900   1,843,289
RealReal, Inc. (The)Δ* 99,000   1,304,820
Red Robin Gourmet Burgers, Inc.Δ* 47,091   1,085,918
Signet Jewelers, Ltd. 12,654   999,160
Skyline Champion Corporation* 31,856   1,913,271
Sonic Automotive, Inc. Class A 15,167   796,874
Standard Motor Products, Inc. 2,940   128,507
Steven Madden, Ltd. 74,146   2,977,703
Strattec Security Corporation* 1,920   74,688
Tapestry, Inc. 60,089   2,224,495
Taylor Morrison Home Corporation Class A* 85,646   2,207,954
Tenneco, Inc. Class A* 77,388   1,104,327
Texas Roadhouse, Inc. 33,165   3,028,959
Tilly's, Inc. Class A 17,009   238,296
Unifi, Inc.* 11,316   248,160
Universal Technical Institute, Inc.* 8,271   55,912
Vista Outdoor, Inc.Δ* 25,412   1,024,358
Visteon Corporation* 17,700   1,670,703
Wendy's Co. (The) 59,730   1,294,946
Wingstop, Inc. 13,900   2,278,627
YETI Holdings, Inc.* 4,582   392,632
        93,018,668
Consumer Staples — 2.3%    
Albertsons Cos., Inc. Class AΔ 18,043   561,679
Andersons, Inc. (The) 16,449   507,123
BJ's Wholesale Club Holdings, Inc.* 103,045   5,659,231
Edgewell Personal Care Co. 65,359   2,372,532
Farmer Bros. Co.* 7,200   60,552
Fresh Del Monte Produce, Inc.Δ 16,001   515,552
Honest Co., Inc. (The)Δ* 18,957   196,774
J&J Snack Foods Corporation 16,298   2,490,660
Landec Corporation* 11,463   105,689
Simply Good Foods Co. (The)* 60,000   2,069,400
SpartanNash Co.Δ 22,125   484,537
 
144

    Shares   Value
Spectrum Brands Holdings, Inc. 41,935   $4,011,921
        19,035,650
Energy — 2.4%    
APA Corporation 16,587   355,459
Arch Resources, Inc.Δ* 19,833   1,839,511
Berry Corporation 33,423   240,980
Bristow Group, Inc.Δ* 5,037   160,328
ChampionX Corporation* 70,953   1,586,509
CVR Energy, Inc.Δ 87,848   1,463,548
Delek U.S. Holdings, Inc.* 67,757   1,217,593
DHT Holdings, Inc.Δ 238,970   1,560,474
Dorian LPG, Ltd. 26,950   334,450
Earthstone Energy, Inc. Class A* 79,540   731,768
International Seaways, Inc.Δ 28,201   513,822
Nabors Industries, Ltd.* 2,205   212,738
NCS Multistage Holdings, Inc.Δ* 1,539   45,170
Newpark Resources, Inc.* 2,464   8,131
Oil States International, Inc.Δ* 74,880   478,483
Ovintiv, Inc. 20,797   683,805
Patterson-UTI Energy, Inc. 148,314   1,334,826
PDC Energy, Inc. 82,299   3,900,150
Plains GP Holdings LP Class A* 10,888   117,318
REX American Resources Corporation* 4,000   319,480
SFL Corporation, Ltd.Δ 113,541   951,474
Whiting Petroleum Corporation* 9,440   551,390
World Fuel Services Corporation 35,867   1,205,849
        19,813,256
Financials — 16.1%    
1st Source Corporation 2,553   120,604
Alerus Financial Corporation 802   23,964
Amalgamated Financial Corporation 7,301   115,502
A-Mark Precious Metals, Inc.Δ 8,588   515,452
Amerant Bancorp, Inc.* 2,245   55,541
American Equity Investment Life Holding Co. 60,212   1,780,469
American National Bankshares, Inc. 996   32,908
Ameris Bancorp 34,803   1,805,580
Argo Group International Holdings, Ltd. 17,098   892,858
Associated Banc-Corp 25,388   543,811
Axis Capital Holdings, Ltd. 45,461   2,093,024
Banc of California, Inc. 28,553   527,945
Bank First CorporationΔ 790   55,987
Bank of Marin Bancorp 3,903   147,338
Bank of Princeton (The)Δ 700   21,028
BankFinancial Corporation 633   7,267
BankUnited, Inc. 49,281   2,060,931
Bankwell Financial Group, Inc. 2,224   65,452
Banner Corporation 5,563   307,133
Bar Harbor Bankshares 900   25,245
BayCom Corporation* 1,431   26,617
BCB Bancorp, Inc. 4,310   63,616
Berkshire Hills Bancorp, Inc. 10,820   291,924
Blucora, Inc.* 32,593   508,125
Bridgewater Bancshares, Inc.* 8,386   146,839
Bryn Mawr Bank Corporation 20,153   926,030
    Shares   Value
Business First Bancshares, Inc. 4,303   $100,647
Byline Bancorp, Inc. 8,086   198,592
Cadence BanCorp 44,730   982,271
Camden National Corporation 3,260   156,154
Capital Bancorp, Inc.Δ 2,033   48,914
Capital City Bank Group, Inc. 3,249   80,380
Capstar Financial Holdings, Inc. 7,586   161,127
Carter Bankshares, Inc.* 4,771   67,844
CBTX, Inc. 6,076   160,285
Central Pacific Financial Corporation 20,523   527,031
Central Valley Community Bancorp 3,819   82,108
Chemung Financial CorporationΔ 841   38,097
City Holding Co.Δ 18,713   1,457,930
CNB Financial Corporation 2,452   59,682
CNO Financial Group, Inc. 72,911   1,716,325
Community Trust Bancorp, Inc. 4,965   209,026
Compass Diversified Holdings 109,221   3,076,756
Cowen, Inc. Class AΔ 29,359   1,007,307
Donegal Group, Inc. Class A 5,357   77,623
Donnelley Financial Solutions, Inc.* 61,189   2,118,363
Eagle Bancorp Montana, Inc.Δ 869   19,440
Eagle Bancorp, Inc. 23,084   1,327,330
Employers Holdings, Inc. 18,117   715,440
Enact Holdings, Inc.Δ* 26,558   582,417
Enova International, Inc.* 21,308   736,191
Enstar Group, Ltd.* 1,460   342,706
Enterprise Financial Services Corporation 22,637   1,025,003
Essent Group, Ltd. 48,767   2,146,236
Evans Bancorp, Inc. 119   4,558
Evercore, Inc. Class A 9,900   1,323,333
EZCORP, Inc. Class AΔ* 33,756   255,533
FB Financial Corporation 5,204   223,148
Financial Institutions, Inc. 7,086   217,186
First American Financial Corporation 8,703   583,536
First Bancorp 42,944   1,847,021
First BanCorp 172,890   2,273,503
First Business Financial Services, Inc. 1,700   48,807
First Commonwealth Financial Corporation 19,467   265,335
First Financial Bancorp 79,062   1,850,841
First Financial Corporation 5,060   212,773
First Foundation, Inc. 34,872   917,134
First Hawaiian, Inc. 19,228   564,342
First Internet Bancorp 2,499   77,919
First Interstate BancSystem, Inc. Class A 40,886   1,646,070
First Mid Bancshares, Inc.Δ 7,366   302,448
First Savings Financial Group, Inc. 900   25,308
First Western Financial, Inc.* 980   28,410
FNB Corporation 146,999   1,708,128
Focus Financial Partners, Inc. Class A* 53,300   2,791,321
FS Bancorp, Inc. 1,380   47,762
Genworth Financial, Inc. Class A* 314,862   1,180,732
Global Indemnity Group LLC Class A 1,048   28,034
Great Southern Bancorp, Inc. 3,097   169,747
Great Western Bancorp, Inc. 38,563   1,262,553
145

SMALL CAP EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
Greenlight Capital Re, Ltd. Class AΔ* 14,919   $110,251
Guaranty Bancshares, Inc. 1,775   63,634
Hamilton Lane, Inc. Class A 46,904   3,978,397
Hanmi Financial Corporation 23,541   472,232
HarborOne Bancorp, Inc. 25,066   351,927
HBT Financial, Inc. 5,253   81,684
Heartland Financial U.S.A., Inc. 4,209   202,369
Heritage Financial CorporationΔ 4,368   111,384
Heritage Insurance Holdings, Inc. 9,217   62,768
Hilltop Holdings, Inc. 14,793   483,287
Home Bancorp, Inc. 799   30,905
Home BancShares, Inc. 69,767   1,641,617
HomeStreet, Inc. 15,640   643,586
HomeTrust Bancshares, Inc. 5,932   165,977
Horace Mann Educators Corporation 2,040   81,172
Independent Bank Corporation 36,659   2,791,583
Independent Bank Corporation (NASDAQ Exchange) 7,824   168,060
Independent Bank Group, Inc. 57,040   4,052,122
Investar Holding Corporation 1,835   40,407
James River Group Holdings, Ltd. 31,854   1,201,851
Kearny Financial Corporation 5,401   67,134
Kemper Corporation 19,197   1,282,168
Lakeland Bancorp, Inc. 15,918   280,634
Lakeland Financial CorporationΔ 5,617   400,155
LendingClub Corporation* 59,071   1,668,165
LendingTree, Inc.Δ* 15,000   2,097,450
Level One Bancorp, Inc.Δ 920   27,066
Luther Burbank Corporation 1,800   24,138
Macatawa Bank Corporation 5,951   47,787
Merchants Bancorp 6,722   265,317
Meridian CorporationΔ 2,182   62,558
Metropolitan Bank Holding Corporation* 1,806   152,246
Midland States Bancorp, Inc. 5,833   144,250
MidWestOne Financial Group, Inc. 2,974   89,696
MVB Financial Corporation 37,000   1,584,710
NBT Bancorp, Inc. 4,980   179,878
Nicolet Bankshares, Inc.Δ* 4,151   307,921
NMI Holdings, Inc. Class A* 72,003   1,627,988
Northeast Bank 2,400   80,928
Northfield Bancorp, Inc. 2,850   48,906
Northrim BanCorp, Inc. 2,640   112,226
OceanFirst Financial Corporation 26,356   564,282
Ocwen Financial Corporation* 2,357   66,302
OFG Bancorp 29,975   755,969
Old National Bancorp 243,871   4,133,613
Old Second Bancorp, Inc. 8,304   108,450
OP Bancorp 3,347   34,340
Origin Bancorp, Inc. 22,023   932,674
Pacific Premier Bancorp, Inc. 105,075   4,354,308
PCSB Financial Corporation 5,554   102,416
Peapack-Gladstone Financial Corporation 8,906   297,104
PennyMac Financial Services, Inc. 23,854   1,458,195
Preferred BankΔ 1,617   107,822
Premier Financial Corporation 16,883   537,555
Primis Financial Corporation 8,221   118,876
    Shares   Value
ProAssurance Corporation 45,337   $1,078,114
Professional Holding Corporation Class A* 1,233   23,180
Provident Financial Services, Inc.Δ 29,534   693,163
QCR Holdings, Inc. 12,849   660,953
RBB BancorpΔ 6,004   151,361
Reinsurance Group of America, Inc. 3,396   377,839
Renasant Corporation 11,895   428,815
Riverview Bancorp, Inc. 4,112   29,894
RLI Corporation 11,270   1,130,043
S&T Bancorp, Inc. 1,340   39,490
Selective Insurance Group, Inc. 28,681   2,166,276
Shore Bancshares, Inc.Δ 1,576   27,942
Sierra Bancorp 3,346   81,241
Signature Bank 159   43,293
SiriusPoint, Ltd.* 33,622   311,340
SLM Corporation 12,808   225,421
SmartFinancial, Inc. 2,579   66,667
South Plains Financial, Inc. 506   12,336
Southern First Bancshares, Inc.* 2,265   121,177
SouthState Corporation 55,050   4,110,584
Spirit of Texas Bancshares, Inc. 2,085   50,457
Stewart Information Services Corporation 17,534   1,109,201
Stifel Financial Corporation 37,699   2,562,024
StoneX Group, Inc.* 4,875   321,262
Towne Bank/Portsmouth VA 30,237   940,673
TPG Pace Beneficial Finance Corporation Class AΔ* 43,300   456,815
TriCo Bancshares 6,844   297,030
TrustCo Bank Corporation NY 9,239   295,371
UMB Financial Corporation 41,449   4,008,533
Umpqua Holdings Corporation 97,603   1,976,461
United Community Banks, Inc. 73,415   2,409,480
United Fire Group, Inc. 9,225   213,097
United Insurance Holdings Corporation 7,743   28,107
Universal Insurance Holdings, Inc. 12,829   167,290
Unum Group 38,620   967,817
Valley National Bancorp 372,444   4,957,230
Veritex Holdings, Inc. 12,885   507,154
Victory Capital Holdings, Inc. Class AΔ 58,000   2,030,580
Voya Financial, Inc. 4,055   248,936
Washington Federal, Inc. 17,692   607,012
Waterstone Financial, Inc. 10,189   208,773
WesBanco, Inc. 51,711   1,762,311
Western New England Bancorp, Inc. 2,800   23,884
WSFS Financial Corporation 48,418   2,484,328
        133,509,292
Health Care — 16.9%    
ACADIA Pharmaceuticals, Inc.* 13,328   221,378
Acceleron Pharma, Inc.* 16,979   2,922,086
Adaptive Biotechnologies CorporationΔ* 30,000   1,019,700
Addus HomeCare CorporationΔ* 25,200   2,009,700
Adverum Biotechnologies, Inc.Δ* 21,300   46,221
 
146

    Shares   Value
Agenus, Inc.* 32,864   $172,536
Agios Pharmaceuticals, Inc.Δ* 43,120   1,989,988
Akebia Therapeutics, Inc.* 45,680   131,558
Akero Therapeutics, Inc.Δ* 3,050   68,167
Albireo Pharma, Inc.* 2,819   87,953
Aldeyra Therapeutics, Inc.Δ* 10,111   88,775
Alector, Inc.Δ* 9,233   210,697
Allakos, Inc.Δ* 2,039   215,869
Allogene Therapeutics, Inc.Δ* 8,533   219,298
Allovir, Inc.Δ* 2,664   66,760
Allscripts Healthcare Solutions, Inc.* 87,898   1,175,196
Alnylam Pharmaceuticals, Inc.* 1,115   210,523
Altimmune, Inc.Δ* 11,202   126,695
ALX Oncology Holdings, Inc.Δ* 2,108   155,697
Amgen, Inc. 1,170   248,800
Amicus Therapeutics, Inc.* 206,378   1,970,910
AnaptysBio, Inc.Δ* 4,597   124,671
Anavex Life Sciences CorporationΔ* 11,200   201,040
AngioDynamics, Inc.* 19,655   509,851
Anika Therapeutics, Inc.* 997   42,432
Apellis Pharmaceuticals, Inc.Δ* 41,550   1,369,488
Applied Genetic Technologies CorporationΔ* 23,682   71,283
Applied Molecular Transport, Inc.Δ* 3,164   81,853
Apria, Inc.Δ* 23,935   889,185
Arcturus Therapeutics Holdings, Inc.Δ* 3,912   186,915
Arcus Biosciences, Inc.Δ* 46,202   1,611,064
Arcutis Biotherapeutics, Inc.* 2,142   51,172
Arena Pharmaceuticals, Inc.* 3,611   215,035
Arrowhead Pharmaceuticals, Inc.* 3,377   210,826
Atara Biotherapeutics, Inc.* 8,564   153,296
Atreca, Inc. Class AΔ* 3,700   23,051
AtriCure, Inc.* 62,927   4,376,573
Avanos Medical, Inc.* 2,700   84,240
Aveanna Healthcare Holdings, Inc.* 132,900   1,065,858
Avid Bioservices, Inc.Δ* 8,055   173,746
Avidity Biosciences, Inc.Δ* 2,601   64,063
Avita Medical, Inc.Δ* 1,611   28,547
Beam Therapeutics, Inc.Δ* 1,959   170,453
BioAtla, Inc.Δ* 2,848   83,845
BioCryst Pharmaceuticals, Inc.* 14,124   202,962
Biogen, Inc.* 743   210,262
Biohaven Pharmaceutical Holding Co., Ltd.* 16,727   2,323,548
BioLife Solutions, Inc.* 22,800   964,896
BioMarin Pharmaceutical, Inc.* 2,837   219,272
Bioxcel Therapeutics, Inc.Δ* 4,053   123,009
Bluebird Bio, Inc.Δ* 20,526   392,252
Blueprint Medicines Corporation* 67,246   6,913,561
Bridgebio Pharma, Inc.Δ* 25,740   1,206,434
C4 Therapeutics, Inc.Δ* 4,068   181,758
Cara Therapeutics, Inc.Δ* 47,350   731,557
CareDx, Inc.* 2,966   187,955
Castlight Health, Inc. Class B* 130,753   205,282
Catalyst Pharmaceuticals, Inc.* 13,063   69,234
Celldex Therapeutics, Inc.* 3,864   208,617
CEL-SCI CorporationΔ* 14,294   157,091
    Shares   Value
Cerevel Therapeutics Holdings, Inc.Δ* 5,714   $168,563
Certara, Inc.* 15,000   496,500
ChemoCentryx, Inc.* 13,652   233,449
Chimerix, Inc.* 8,968   55,512
Chinook Therapeutics, Inc.* 3,031   38,676
Clovis Oncology, Inc.Δ* 48,561   216,582
Codex DNA, Inc.Δ* 34,400   382,872
Coherus Biosciences, Inc.Δ* 8,015   128,801
Computer Programs and Systems, Inc.* 6,459   229,036
Concert Pharmaceuticals, Inc.* 14,670   47,971
CONMED CorporationΔ 22,366   2,926,144
Cortexyme, Inc.Δ* 1,802   165,171
Crinetics Pharmaceuticals, Inc.* 2,094   44,079
CryoLife, Inc.* 69,858   1,557,135
Cue Biopharma, Inc.Δ* 2,613   38,071
Curis, Inc.Δ* 24,168   189,235
Cytokinetics, Inc.Δ* 7,246   258,972
CytomX Therapeutics, Inc.* 30,678   156,151
Deciphera Pharmaceuticals, Inc.* 4,378   148,764
Denali Therapeutics, Inc.* 4,124   208,056
DermTech, Inc.Δ* 6,001   192,692
Dicerna Pharmaceuticals, Inc.* 9,529   192,105
Dynavax Technologies CorporationΔ* 12,051   231,500
Eagle Pharmaceuticals, Inc.* 1,579   88,077
Editas Medicine, Inc.Δ* 3,220   132,278
Emergent BioSolutions, Inc.* 3,716   186,060
Enanta Pharmaceuticals, Inc.* 5,774   328,021
Epizyme, Inc.Δ* 16,268   83,292
Exact Sciences CorporationΔ* 2,090   199,490
Exelixis, Inc.* 17,095   361,388
Fate Therapeutics, Inc.* 3,011   178,462
FibroGen, Inc.Δ* 18,725   191,369
Forma Therapeutics Holdings, Inc.Δ* 3,729   86,475
G1 Therapeutics, Inc.Δ* 14,404   193,302
Generation Bio Co.Δ* 3,849   96,494
Geron CorporationΔ* 28,872   39,555
Gilead Sciences, Inc. 3,505   244,824
Global Blood Therapeutics, Inc.Δ* 7,496   190,998
Gossamer Bio, Inc.Δ* 53,268   669,579
Halozyme Therapeutics, Inc.* 71,468   2,907,318
HealthStream, Inc.* 11,096   317,124
Heron Therapeutics, Inc.Δ* 18,650   199,368
Homology Medicines, Inc.Δ* 69,900   550,113
Humanigen, Inc.Δ* 30,788   182,573
Ideaya Biosciences, Inc.Δ* 2,048   52,204
IGM Biosciences, Inc.Δ* 1,964   129,153
ImmunityBio, Inc.Δ* 15,537   151,330
ImmunoGen, Inc.* 21,102   119,648
Immunovant, Inc.Δ* 13,075   113,622
Incyte Corporation* 2,966   204,001
Innovage Holding CorporationΔ* 57,900   382,719
Inovio Pharmaceuticals, Inc.Δ* 26,682   191,043
Insmed, Inc.Δ* 83,340   2,295,184
Inspire Medical Systems, Inc.* 19,359   4,508,324
Intellia Therapeutics, Inc.* 1,334   178,956
Intercept Pharmaceuticals, Inc.Δ* 31,163   462,771
147

SMALL CAP EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
Intra-Cellular Therapies, Inc.* 65,100   $2,426,928
Invacare Corporation* 36,786   175,101
Invitae CorporationΔ* 6,793   193,125
Ionis Pharmaceuticals, Inc.Δ* 9,376   314,471
Iovance Biotherapeutics, Inc.* 9,349   230,546
Ironwood Pharmaceuticals, Inc.Δ* 17,312   226,095
IVERIC bio, Inc.* 11,766   191,080
Kadmon Holdings, Inc.Δ* 17,714   154,289
KalVista Pharmaceuticals, Inc.* 2,723   47,516
Karuna Therapeutics, Inc.Δ* 1,812   221,662
Karyopharm Therapeutics, Inc.Δ* 24,903   144,935
Keros Therapeutics, Inc.* 1,698   67,173
Kiniksa Pharmaceuticals, Ltd. Class AΔ* 6,247   71,153
Kodiak Sciences, Inc.Δ* 2,169   208,181
Krystal Biotech, Inc.* 1,525   79,620
Kura Oncology, Inc.Δ* 7,398   138,565
Kymera Therapeutics, Inc.Δ* 3,168   186,088
Lannett Co., Inc.Δ* 46,488   139,464
LHC Group, Inc.* 14,300   2,243,813
Ligand Pharmaceuticals, Inc.Δ* 19,959   2,780,688
MacroGenics, Inc.* 7,044   147,501
Madrigal Pharmaceuticals, Inc.Δ* 2,090   166,761
MannKind CorporationΔ* 34,503   150,088
Merit Medical Systems, Inc.* 46,011   3,303,590
Mersana Therapeutics, Inc.Δ* 11,156   105,201
MiMedx Group, Inc.Δ* 5,732   34,736
Mirati Therapeutics, Inc.* 1,283   226,976
Mirum Pharmaceuticals, Inc.* 7,958   158,523
Moderna, Inc.* 479   184,348
Molina Healthcare, Inc.* 4,137   1,122,409
Morphic Holding, Inc.* 2,051   116,169
Myovant Sciences, Ltd.Δ* 7,804   175,122
Myriad Genetics, Inc.* 6,267   202,361
NanoString Technologies, Inc.Δ* 32,400   1,555,524
Natera, Inc.Δ* 11,421   1,272,756
National HealthCare Corporation 8,068   564,599
NeoGenomics, Inc.Δ* 37,260   1,797,422
Neurocrine Biosciences, Inc.Δ* 2,292   219,826
NexImmune, Inc.Δ* 24,700   373,958
NextCure, Inc.* 4,665   31,442
NextGen Healthcare, Inc.* 7,250   102,225
NGM Biopharmaceuticals, Inc.* 21,387   449,555
Nkarta, Inc.Δ* 3,405   94,693
Novavax, Inc.Δ* 860   178,287
Nurix Therapeutics, Inc.Δ* 3,959   118,612
NuVasive, Inc.* 37,772   2,260,654
Ocugen, Inc.Δ* 29,578   212,370
Omnicell, Inc.Δ* 17,879   2,653,780
OPKO Health, Inc.Δ* 57,887   211,288
Organogenesis Holdings, Inc.* 10,110   143,966
ORIC Pharmaceuticals, Inc.Δ* 2,056   42,991
Orthofix Medical, Inc.* 6,653   253,612
Outset Medical, Inc.Δ* 33,000   1,631,520
Oyster Point Pharma, Inc.Δ* 650   7,702
Patterson Cos., Inc. 43,037   1,297,135
Phreesia, Inc.* 43,400   2,677,780
PMV Pharmaceuticals, Inc.Δ* 5,492   163,662
    Shares   Value
Poseida Therapeutics, Inc.Δ* 10,819   $78,870
Precigen, Inc.Δ* 11,888   59,321
Precision BioSciences, Inc.* 5,728   66,101
Prelude Therapeutics, Inc.Δ* 2,457   76,781
Premier, Inc. Class A 12,835   497,485
Prestige Consumer Healthcare, Inc.* 57,340   3,217,347
PROCEPT BioRobotics CorporationΔ* 2,800   106,820
Protagonist Therapeutics, Inc.Δ* 4,635   82,132
PTC Therapeutics, Inc.Δ* 78,911   2,936,278
Pulmonx CorporationΔ* 43,800   1,575,924
Radius Health, Inc.* 5,745   71,295
Recro Pharma, Inc.* 28,600   58,916
Recursion Pharmaceuticals, Inc. Class AΔ* 4,705   108,262
Regeneron Pharmaceuticals, Inc.* 342   206,972
REGENXBIO, Inc.* 4,798   201,132
Relay Therapeutics, Inc.* 6,438   202,990
Replimune Group, Inc.* 4,291   127,185
REVOLUTION Medicines, Inc.Δ* 6,868   188,939
Rhythm Pharmaceuticals, Inc.Δ* 5,762   75,252
Rigel Pharmaceuticals, Inc.Δ* 18,771   68,139
Rocket Pharmaceuticals, Inc.Δ* 5,969   178,413
Rubius Therapeutics, Inc.Δ* 5,836   104,348
Sage Therapeutics, Inc.* 4,607   204,136
Sangamo Therapeutics, Inc.* 13,188   118,824
Sarepta Therapeutics, Inc.* 2,671   247,014
Savara, Inc.Δ* 52,339   72,228
Scholar Rock Holding CorporationΔ* 2,480   81,890
Seagen, Inc.* 1,471   249,776
Selecta Biosciences, Inc.* 79,201   329,476
Seres Therapeutics, Inc.Δ* 33,878   235,791
Shockwave Medical, Inc.* 24,451   5,033,972
Silk Road Medical, Inc.Δ* 30,800   1,694,924
Sorrento Therapeutics, Inc.Δ* 26,686   203,614
Spectrum Pharmaceuticals, Inc.Δ* 47,355   103,234
Spero Therapeutics, Inc.Δ* 1,021   18,797
SpringWorks Therapeutics, Inc.* 3,084   195,649
STAAR Surgical Co.* 9,000   1,156,770
Stoke Therapeutics, Inc.Δ* 2,385   60,674
Supernus Pharmaceuticals, Inc.* 65,101   1,736,244
Sutro Biopharma, Inc.* 3,557   67,192
Syndax Pharmaceuticals, Inc.* 5,149   98,397
Tabula Rasa HealthCare, Inc.Δ* 42,556   1,115,393
Tandem Diabetes Care, Inc.* 15,300   1,826,514
Tarsus Pharmaceuticals, Inc.Δ* 39,100   842,605
Taysha Gene Therapies, Inc.Δ* 36,400   677,768
TCR2 Therapeutics, Inc.* 3,969   33,776
TG Therapeutics, Inc.Δ* 7,105   236,454
Theravance Biopharma, Inc.Δ* 6,451   47,737
TransMedics Group, Inc.Δ* 51,656   1,709,297
Travere Therapeutics, Inc.Δ* 174,296   4,226,678
Treace Medical Concepts, Inc.Δ* 32,900   885,010
Turning Point Therapeutics, Inc.* 2,648   175,907
Twist Bioscience Corporation* 1,758   188,053
Ultragenyx Pharmaceutical, Inc.Δ* 26,789   2,416,100
United Therapeutics Corporation* 1,075   198,423
Vanda Pharmaceuticals, Inc.* 102,220   1,752,051
 
148

    Shares   Value
Varex Imaging Corporation* 36,976   $1,042,723
Vaxart, Inc.Δ* 24,232   192,644
Vaxcyte, Inc.Δ* 1,988   50,436
Veracyte, Inc.* 4,237   196,809
Verastem, Inc.* 28,407   87,494
Vericel CorporationΔ* 4,167   203,350
Vertex Pharmaceuticals, Inc.* 1,146   207,873
Viking Therapeutics, Inc.Δ* 8,467   53,173
Vir Biotechnology, Inc.Δ* 4,055   176,474
VistaGen Therapeutics, Inc.Δ* 17,758   48,657
Xencor, Inc.* 3,216   105,035
Y-mAbs Therapeutics, Inc.* 2,666   76,088
Zentalis Pharmaceuticals, Inc.Δ* 2,603   173,464
ZIOPHARM Oncology, Inc.Δ* 26,965   49,076
        139,808,039
Industrials — 17.7%    
ABM Industries, Inc. 45,227   2,035,667
Acacia Research CorporationΔ* 43,913   298,169
ACCO Brands Corporation 63,854   548,506
ACV Auctions, Inc. Class A* 69,800   1,248,722
AGCO Corporation 7,270   890,793
Albany International Corporation Class A 15,183   1,167,117
Allegiant Travel Co.* 12,039   2,353,384
Ameresco, Inc. Class AΔ* 37,484   2,190,190
Apogee Enterprises, Inc. 17,769   670,957
Applied Industrial Technologies, Inc. 26,215   2,362,758
ArcBest Corporation 22,262   1,820,364
Arcosa, Inc. 22,380   1,122,805
Argan, Inc. 5,066   221,232
ASGN, Inc.* 73,709   8,339,436
Astronics Corporation* 24,330   342,080
AZEK Co., Inc. (The)* 97,200   3,550,716
Barnes Group, Inc. 19,438   811,148
Barrett Business Services, Inc. 10,839   826,582
Beacon Roofing Supply, Inc.* 38,797   1,852,945
Boise Cascade Co. 79,841   4,309,817
BrightView Holdings, Inc.* 94,293   1,391,765
Brink's Co. (The) 36,363   2,301,778
Casella Waste Systems, Inc. Class A* 59,258   4,500,053
CECO Environmental Corporation* 52,463   369,340
Charah Solutions, Inc.Δ* 51,311   236,031
Colfax Corporation* 50,118   2,300,416
Columbus McKinnon Corporation 43,507   2,103,563
Commercial Vehicle Group, Inc.* 19,680   186,173
CoreCivic, Inc. REIT* 120,472   1,072,201
Cornerstone Building Brands, Inc.* 90,002   1,314,929
Covenant Logistics Group, Inc.* 8,793   243,126
Deluxe Corporation 53,276   1,912,076
Driven Brands Holdings, Inc.* 70,900   2,048,301
DXP Enterprises, Inc.* 29,356   868,057
Dycom Industries, Inc.* 22,505   1,603,256
EMCOR Group, Inc. 29,863   3,445,593
EnPro Industries, Inc. 9,349   814,485
ESCO Technologies, Inc. 11,239   865,403
Exponent, Inc. 17,600   1,991,440
Federal Signal Corporation 61,705   2,383,047
    Shares   Value
Fluor CorporationΔ* 83,168   $1,328,193
Genco Shipping & Trading, Ltd. 31,430   632,686
GMS, Inc.Δ* 25,906   1,134,683
Graham Corporation 20,994   260,326
GXO Logistics, Inc.* 1,650   129,426
Healthcare Services Group, Inc.Δ 26,963   673,805
Heidrick & Struggles International, Inc. 3,760   167,809
Hexcel Corporation* 42,400   2,518,136
Hub Group, Inc. Class A* 36,456   2,506,350
Hurco Cos., Inc. 2,517   81,198
Hyster-Yale Materials Handling, Inc. 8,039   404,040
Interface, Inc. 20,283   307,287
Kadant, Inc. 11,325   2,311,432
KAR Auction Services, Inc.* 122,313   2,004,710
Karat Packaging, Inc.Δ* 9,243   194,380
KBR, Inc.Δ 91,944   3,622,594
Kelly Services, Inc. Class A 13,315   251,387
Kimball International, Inc. Class B 28,885   323,512
Korn Ferry 27,156   1,965,008
L.B. Foster Co. Class A* 3,547   54,943
LSI Industries, Inc. 8,205   63,589
Manitowoc Co., Inc. (The)* 21,409   458,581
ManpowerGroup, Inc. 3,974   430,305
MasTec, Inc.* 13,470   1,162,192
Matrix Service Co.* 12,133   126,911
Mistras Group, Inc.* 2,172   22,068
MRC Global, Inc.* 67,988   499,032
MYR Group, Inc.* 36,995   3,681,002
NN, Inc.* 8,200   43,050
NOW, Inc.* 89,002   680,865
NV5 Global, Inc.* 9,570   943,315
Orion Group Holdings, Inc.* 21,388   116,351
Park-Ohio Holdings CorporationΔ 3,996   101,978
Parsons Corporation* 14,798   499,580
Powell Industries, Inc. 4,776   117,346
Primoris Services Corporation 23,834   583,695
Proto Labs, Inc.Δ* 19,600   1,305,360
Quanex Building Products Corporation 12,296   263,257
R.R. Donnelley & Sons Co.* 60,093   308,878
Radiant Logistics, Inc.* 13,267   84,776
RBC Bearings, Inc.* 4,900   1,039,780
Resources Connection, Inc. 15,108   238,404
REV Group, Inc. 13,650   234,234
Rexnord Corporation 113,983   7,327,967
Rush Enterprises, Inc. Class A 2,258   101,971
Ryder System, Inc. 1,990   164,593
Saia, Inc.* 5,200   1,237,756
SkyWest, Inc.* 10,481   517,133
Steelcase, Inc. Class A 65,522   830,819
Sterling Check Corporation* 43,900   1,139,644
Sun Country Airlines Holdings, Inc.Δ* 51,500   1,727,310
Tecnoglass, Inc.Δ 43,542   946,168
Tetra Tech, Inc. 38,652   5,772,290
Textainer Group Holdings, Ltd.* 23,428   817,871
Textron, Inc. 951   66,389
149

SMALL CAP EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
Timken Co. (The) 35,777   $2,340,531
Titan International, Inc.* 7,300   52,268
Titan Machinery, Inc.* 1,080   27,983
TriNet Group, Inc.* 28,800   2,723,904
Triumph Group, Inc.* 36,036   671,351
TrueBlue, Inc.* 20,564   556,873
Tutor Perini Corporation* 38,716   502,534
U.S. Ecology, Inc.* 28,187   911,849
U.S. Xpress Enterprises, Inc. Class AΔ* 32,480   280,302
U.S.A. Truck, Inc.* 2,530   38,658
Upwork, Inc.* 18,372   827,291
Vectrus, Inc.* 7,595   381,877
Veritiv Corporation* 9,555   855,746
Wabash National Corporation 27,476   415,712
Werner Enterprises, Inc. 38,139   1,688,414
WESCO International, Inc.* 34,329   3,958,820
Wheels Up Experience, Inc.Δ* 139,900   921,941
WillScot Mobile Mini Holdings Corporation* 176,755   5,606,669
Yellow CorporationΔ* 5,441   30,742
        146,234,251
Information Technology — 15.2%    
908 Devices, Inc.Δ* 15,000   487,800
ADTRAN, Inc. 14,899   279,505
Advanced Energy Industries, Inc. 6,761   593,278
Allegro MicroSystems, Inc.* 74,800   2,390,608
Alpha & Omega Semiconductor, Ltd.* 9,755   306,014
Avaya Holdings Corporation* 87,006   1,721,849
Avnet, Inc. 71,505   2,643,540
Bel Fuse, Inc. Class B 4,201   52,218
Belden, Inc. 29,824   1,737,546
Benchmark Electronics, Inc. 23,494   627,525
Blackline, Inc.Δ* 9,054   1,068,915
Bottomline Technologies de, Inc.* 30,000   1,178,400
Box, Inc. Class A* 29,974   709,485
Brooks Automation, Inc. 41,870   4,285,395
BTRS Holdings, Inc.Δ* 234,500   2,495,080
Ciena Corporation* 20,041   1,029,105
Cirrus Logic, Inc.* 4,413   363,411
Coherent, Inc.* 9,461   2,366,101
Cohu, Inc.* 17,531   559,940
Comtech Telecommunications CorporationΔ 24,931   638,483
Conduent, Inc.* 5,240   34,532
Daktronics, Inc.* 18,631   101,166
DZS, Inc.Δ* 5,273   64,647
EngageSmart, Inc.* 47,500   1,617,850
Envestnet, Inc.* 31,400   2,519,536
Euronet Worldwide, Inc.* 6,012   765,207
EVERTEC, Inc. 59,676   2,728,387
Evo Payments, Inc. Class A* 69,400   1,643,392
ExlService Holdings, Inc.* 53,940   6,641,093
GSI Technology, Inc.Δ* 2,400   12,672
I3 Verticals, Inc. Class AΔ* 62,800   1,520,388
IBEX Holdings, Ltd.Δ* 21,160   359,720
Ichor Holdings, Ltd.* 14,393   591,408
II-VI, Inc.Δ* 97,250   5,772,760
    Shares   Value
J2 Global, Inc.Δ* 26,082   $3,563,323
Juniper Networks, Inc. 46,235   1,272,387
Kaltura, Inc.Δ* 17,381   178,850
Kimball Electronics, Inc.* 4,378   112,821
Kulicke & Soffa Industries, Inc. 58,951   3,435,664
KVH Industries, Inc.* 4,620   44,491
Limelight Networks, Inc.Δ* 80,050   190,519
Littelfuse, Inc. 8,100   2,213,487
MACOM Technology Solutions Holdings, Inc.* 14,443   936,917
MaxLinear, Inc.* 60,782   2,993,514
NeoPhotonics Corporation* 51,073   444,846
NETGEAR, Inc.* 57,616   1,838,527
NetScout Systems, Inc.* 29,957   807,341
New Relic, Inc.* 33,600   2,411,472
nLight, Inc.* 62,800   1,770,332
Onto Innovation, Inc.* 42,600   3,077,850
Paycor HCM, Inc.Δ* 26,000   914,160
PC Connection, Inc. 4,130   181,844
PCTEL, Inc.* 2,350   14,617
Ping Identity Holding Corporation* 21,334   524,176
Plantronics, Inc.Δ* 30,672   788,577
Priority Technology Holdings, Inc.Δ* 121,700   812,956
Q2 Holdings, Inc.Δ* 62,625   5,018,767
Quantum CorporationΔ* 32,568   168,702
Rapid7, Inc.Δ* 40,030   4,524,191
Repay Holdings CorporationΔ* 124,900   2,876,447
Ribbon Communications, Inc.* 42,290   252,894
Sailpoint Technologies Holdings, Inc.Δ* 83,200   3,567,616
ScanSource, Inc.* 8,261   287,400
SEMrush Holdings, Inc. Class AΔ* 23,800   548,828
Semtech Corporation* 32,067   2,500,264
Silicon Laboratories, Inc.Δ* 15,236   2,135,478
Smartsheet, Inc. Class A* 37,500   2,580,750
Sprout Social, Inc. Class A* 34,045   4,151,788
Super Micro Computer, Inc.* 9,183   335,822
Synaptics, Inc.* 18,800   3,378,924
Teradata Corporation* 39,618   2,272,092
Unisys Corporation* 21,656   544,432
Varonis Systems, Inc.Δ* 36,856   2,242,688
Veeco Instruments, Inc.Δ* 33,649   747,344
Vertex, Inc. Class AΔ* 58,600   1,126,292
Vonage Holdings Corporation* 264,100   4,257,292
Vontier Corporation 20,213   679,157
Workiva, Inc.* 16,200   2,283,552
Xerox Holdings Corporation 27,950   563,752
        125,480,099
Materials — 3.3%    
AdvanSix, Inc.* 20,519   815,630
American Vanguard Corporation 2,290   34,465
Balchem Corporation 8,072   1,171,005
Clearwater Paper CorporationΔ* 14,816   567,897
Coeur Mining, Inc.* 92,473   570,558
Ferro Corporation* 19,844   403,627
Graphic Packaging Holding Co. 176,135   3,353,610
Huntsman Corporation 7,348   217,427
 
150

    Shares   Value
Kaiser Aluminum Corporation 22,701   $2,473,501
Kraton Corporation* 735   33,545
Minerals Technologies, Inc. 60,046   4,193,613
Neenah, Inc. 37,154   1,731,748
Olin Corporation 14,413   695,427
Olympic Steel, Inc. 7,364   179,387
Pactiv Evergreen, Inc.Δ 139,274   1,743,711
Quaker Chemical CorporationΔ 9,388   2,231,715
Rayonier Advanced Materials, Inc.* 17,000   127,500
Schnitzer Steel Industries, Inc. Class A 22,061   966,493
Stepan Co. 6,221   702,600
Summit Materials, Inc. Class A* 61,261   1,958,514
SunCoke Energy, Inc. 101,398   636,780
Verso Corporation Class A 23,713   492,045
Worthington Industries, Inc. 46,323   2,441,222
        27,742,020
Real Estate — 4.9%    
American Assets Trust, Inc. REIT 44,783   1,675,780
Apple Hospitality REIT, Inc. 93,532   1,471,258
Armada Hoffler Properties, Inc. REIT 112,560   1,504,927
Brandywine Realty Trust REIT 112,261   1,506,543
CareTrust REIT, Inc.Δ 27,242   553,557
Centerspace REIT 8,889   840,011
CorePoint Lodging, Inc. REIT* 20,251   313,891
Cousins Properties, Inc. REIT 35,020   1,305,896
CTO Realty Growth, Inc. REITΔ 4,739   254,769
DiamondRock Hospitality Co. REIT* 129,684   1,225,514
Diversified Healthcare Trust REIT 119,574   405,356
Easterly Government Properties, Inc. REITΔ 23,814   491,997
EastGroup Properties, Inc. REIT 13,623   2,270,000
Equity Commonwealth REITΔ 64,280   1,669,994
Farmland Partners, Inc. REIT 10,325   123,797
Forestar Group, Inc.Δ* 10,462   194,907
Four Corners Property Trust, Inc. REIT 44,636   1,198,923
Franklin Street Properties Corporation REIT 37,165   172,446
GEO Group, Inc. (The) REITΔ 142,943   1,067,784
Getty Realty Corporation REIT 19,643   575,736
Healthcare Realty Trust, Inc. REITΔ 17,369   517,249
Highwoods Properties, Inc. REIT 13,514   592,724
Industrial Logistics Properties Trust REIT 9,258   235,246
Kennedy-Wilson Holdings, Inc. 164,511   3,441,570
Kite Realty Group Trust REIT 119,314   2,429,233
Lexington Realty Trust REITΔ 125,012   1,593,903
National Health Investors, Inc. REITΔ 16,525   884,088
National Storage Affiliates Trust REIT 33,985   1,794,068
NETSTREIT Corporation 1,864   44,084
Pebblebrook Hotel Trust REITΔ 64,625   1,448,246
Physicians Realty Trust REIT 135,058   2,379,722
Piedmont Office Realty Trust, Inc. Class A REIT 49,451   861,931
PotlatchDeltic Corporation REIT 26,747   1,379,610
    Shares   Value
Realogy Holdings Corporation* 79,973   $1,402,726
Retail Value, Inc. REIT 8,385   220,777
RPT Realty REIT 111,481   1,422,498
Sabra Health Care REIT, Inc. 13,392   197,130
Spirit Realty Capital, Inc. REIT 7,531   346,727
Summit Hotel Properties, Inc. REIT* 35,165   338,639
Whitestone REIT 33,354   326,202
        40,679,459
Utilities — 1.6%    
Black Hills Corporation 23,590   1,480,508
Hawaiian Electric Industries, Inc. 4,758   194,269
Northwest Natural Holding Co. 14,607   671,776
NorthWestern Corporation 31,577   1,809,362
Portland General Electric Co. 37,740   1,773,403
South Jersey Industries, Inc.Δ 102,849   2,186,570
Southwest Gas Holdings, Inc. 26,067   1,743,361
Spire, Inc. 27,751   1,697,806
Sunnova Energy International, Inc.Δ* 38,200   1,258,308
Vistra Corporation 12,750   218,025
        13,033,388
Total Common Stocks
(Cost $626,407,749)
  776,029,882
FOREIGN COMMON STOCKS — 2.7%
Canada — 0.2%    
DIRTT Environmental SolutionsΔ* 83,216   257,970
Primo Water Corporation 94,674   1,488,275
VBI Vaccines, Inc.Δ* 31,880   99,147
        1,845,392
Ireland — 0.2%    
Alkermes PLC* 7,406   228,401
GH Research PLCΔ* 28,500   628,710
Horizon Therapeutics PLC* 2,023   221,600
Prothena Corporation PLC* 2,745   195,526
        1,274,237
Israel — 0.7%    
Global-e Online, Ltd.Δ* 30,600   2,197,080
JFrog, Ltd.Δ* 42,800   1,433,800
Riskified, Ltd. Class AΔ* 50,500   1,151,905
Tufin Software Technologies, Ltd.Δ* 72,300   710,709
        5,493,494
Jersey — 1.0%    
Mimecast, Ltd.* 26,671   1,696,276
Quotient, Ltd.Δ* 168,100   393,354
WNS Holdings, Ltd. ADR* 75,022   6,136,799
        8,226,429
Netherlands — 0.2%    
MYT Netherlands Parent BV ADRΔ* 57,700   1,552,130
uniQure NVΔ* 4,276   136,875
        1,689,005
Sweden — 0.1%    
Loomis AB 37,844   1,027,110
151

SMALL CAP EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
United Kingdom — 0.3%    
Gates Industrial Corporation PLC* 101,686   $1,654,431
LivaNova PLC* 6,653   526,851
Luxfer Holdings PLC 19,564   384,041
        2,565,323
Total Foreign Common Stocks
(Cost $20,410,352)
  22,120,990
MASTER LIMITED PARTNERSHIP — 0.2%
Enviva Partners LP
(Cost $929,834)
22,497   1,216,863
RIGHTS — 0.0%
Aduro Biotech, Inc.†††Δ*
(Cost $—)
2,714     —
MONEY MARKET FUNDS — 6.0%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
26,819,412   26,819,412
Northern Institutional Liquid Assets Portfolio (Shares), 0.03%ا 22,776,164   22,776,164
Northern Institutional U.S. Government Portfolio (Shares), 0.00%Ø 42,812   42,812
Total Money Market Funds
(Cost $49,638,388)
  49,638,388
TOTAL INVESTMENTS102.6%
(Cost $697,386,323)
    849,006,123
Liabilities in Excess of Other
Assets — (2.6)%
    (21,117,118)
NET ASSETS — 100.0%     $827,889,005
152

Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
CME Russell 2000 Index E-Mini   12/2021   237   $26,079,480   $(225,756)
Forward Foreign Currency Contracts outstanding at September 30, 2021:
Expiration Date   Currency
Purchased
  Amount
of Currency
Purchased
  Currency
Sold
  Amount
of Currency
Sold
  Counter-
party
  Net Unrealized
Appreciation
(Depreciation)
12/30/21   U.S. Dollars   1,037,622   Swedish Kronor   8,975,272   UBS   $11,215
12/30/21   Swedish Kronor   216,581   U.S. Dollars   24,632   UBS   136
Total Forward Foreign Currency Contracts outstanding at September 30, 2021       $11,351
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
153

INTERNATIONAL EQUITY INDEX FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
COMMON STOCKS — 0.3%
Communication Services — 0.3%    
Sea, Ltd. ADR* 2,970   $946,628
Universal Music Group NV* 34,973   936,411
        1,883,039
Financials — 0.0%    
Futu Holdings, Ltd. ADRΔ* 2,522   229,553
Total Common Stocks
(Cost $2,396,873)
  2,112,592
FOREIGN COMMON STOCKS — 94.9%
Australia — 6.6%    
Afterpay, Ltd.* 10,107   878,047
AGL Energy, Ltd. 36,482   150,659
Ampol, Ltd. 11,404   227,595
APA Group 53,822   335,246
ASX, Ltd. 9,397   542,543
Aurizon Holdings, Ltd. 137,275   371,664
AusNet Services, Ltd. 190,626   345,045
Australia & New Zealand Banking Group, Ltd. 126,614   2,542,732
BHP Group, Ltd.Δ 128,994   3,445,154
BlueScope Steel, Ltd. 20,263   293,603
Brambles, Ltd. 68,678   528,097
Cochlear, Ltd. 3,288   514,449
Coles Group, Ltd. 75,057   911,717
Commonwealth Bank of Australia 78,859   5,852,154
Computershare, Ltd. 24,948   322,604
CSL, Ltd. 19,883   4,154,181
Dexus REIT 62,896   484,085
Domino’s Pizza Enterprises, Ltd. 4,484   512,873
Evolution Mining, Ltd. 130,246   329,329
Fortescue Metals Group, Ltd. 82,232   875,937
Goodman Group REIT 65,790   1,012,316
GPT Group (The) REIT 130,876   471,403
Insurance Australia Group, Ltd. 109,449   382,226
Lendlease Corporation, Ltd.Δ 34,784   267,436
Macquarie Group, Ltd. 14,488   1,871,796
Magellan Financial Group, Ltd. 5,400   135,544
Medibank Pvt., Ltd. 94,662   241,693
Mirvac Group REIT 247,355   524,705
National Australia Bank, Ltd. 153,573   3,028,618
Newcrest Mining, Ltd. 36,206   600,213
Northern Star Resources, Ltd. 45,766   280,301
Orica, Ltd. 7,637   74,593
Origin Energy, Ltd. 62,971   211,268
Qantas Airways, Ltd.* 66,392   267,760
QBE Insurance Group, Ltd. 71,406   588,257
REA Group, Ltd. 4,130   465,165
Reece, Ltd. 18,888   254,735
Rio Tinto, Ltd. 19,286   1,372,990
Santos, Ltd. 107,596   551,110
Scentre Group REIT 252,947   538,363
SEEK, Ltd.Δ 15,462   339,905
Sonic Healthcare, Ltd. 25,549   738,346
South32, Ltd. 201,814   500,809
Stockland REIT 126,688   401,750
Suncorp Group, Ltd. 65,156   579,367
    Shares   Value
Sydney Airport* 102,461   $601,737
Telstra Corporation, Ltd. 179,332   502,506
Transurban GroupΨ†††* 13,107   134,176
Transurban Group (Athen Exchange) 117,961   1,188,868
Vicinity Centres REIT 137,781   162,889
Washington H Soul Pattinson & Co., Ltd.Δ 6,495   180,503
Wesfarmers, Ltd. 48,847   1,942,812
Westpac Banking Corporation 156,250   2,889,608
WiseTech Global, Ltd. 14,711   557,889
Woodside Petroleum, Ltd. 43,699   747,222
Woolworths Group, Ltd. 54,600   1,533,620
        49,760,213
Austria — 0.2%    
Erste Group Bank AG 7,129   313,029
OMV AG 10,806   650,690
Raiffeisen Bank International AG 5,232   136,840
Verbund AGΔ 5,255   531,464
voestalpine AG 4,506   166,446
        1,798,469
Belgium — 0.8%    
Ageas SA/NV 4,155   205,757
Elia Group SA/NVΔ 3,556   424,943
Etablissements Franz Colruyt NV 5,111   260,723
Groupe Bruxelles Lambert SA 11,620   1,278,150
KBC Group NV 13,105   1,182,130
Proximus SADP 7,723   153,259
Sofina SA 865   343,701
Solvay SA 4,910   609,073
UCB SA 9,658   1,081,477
Umicore SA 9,507   562,431
        6,101,644
Denmark — 2.3%    
Ambu A/S Class BΔ 12,493   369,439
AP Moeller - Maersk A/S Class A 549   1,414,794
AP Moeller - Maersk A/S Class B 60   162,426
Chr. Hansen Holding A/S 9,414   768,957
Coloplast A/S Class B 9,701   1,516,873
Danske Bank A/S 52,273   880,597
Demant A/SΔ* 13,113   660,780
DSV A/S 11,994   2,870,931
Genmab A/S* 4,030   1,760,795
GN Store Nord A/S 5,764   398,656
Novozymes A/S, B Shares 15,803   1,083,316
Orsted A/S 144A 10,730   1,414,371
Pandora A/S 9,048   1,098,425
Tryg A/S 31,293   709,376
Vestas Wind Systems A/S 61,690   2,474,326
        17,584,062
Finland — 1.2%    
Elisa OYJ 7,229   449,166
Fortum OYJ 22,487   682,843
Kesko OYJ, B Shares 12,949   446,655
Kone OYJ Class B 11,915   837,009
Neste OYJ 18,827   1,062,075
 
154

    Shares   Value
Nokia OYJ* 201,072   $1,108,974
Nordea Bank Abp 1,819   23,575
Nordea Bank Abp (NASDAQ Exchange) 131,432   1,693,670
Orion OYJ Class B 7,634   302,236
Sampo OYJ, A Shares 19,367   957,521
Stora Enso OYJ, R Shares 22,882   381,132
UPM-Kymmene OYJ 27,891   987,180
Wartsila OYJ Abp 14,669   174,698
        9,106,734
France — 9.9%    
Accor SA* 16,778   598,257
Aeroports de Paris* 2,564   326,554
Air Liquide SA 21,465   3,437,838
Alstom SAΔ 13,522   512,926
Amundi SA 144A 3,229   271,581
Arkema SA 2,715   358,019
Atos SE 4,922   261,466
AXA SA 94,288   2,613,027
BioMerieux 1,757   199,924
BNP Paribas SAΔ 47,477   3,037,612
Bollore SA 53,876   311,123
Bouygues SA 11,283   466,748
Bureau Veritas SA 15,449   476,776
Capgemini SE 7,893   1,636,825
Carrefour SA 29,587   530,242
Cie de St-Gobain 26,241   1,765,942
Cie Generale des Etablissements Michelin SCA 6,689   1,025,695
CNP Assurances 6,718   106,031
Covivio REIT 3,117   261,944
Credit Agricole SA 66,291   911,199
Danone SA 28,687   1,955,821
Dassault Aviation SA 920   103,416
Dassault Systemes SE 29,713   1,563,662
Edenred 13,754   740,412
Eiffage SA 4,139   418,316
Electricite de France SA 31,565   396,651
Engie SA 92,715   1,213,009
EssilorLuxottica SA 16,487   3,150,553
Eurazeo SE 3,083   288,885
Eurofins Scientific SE 4,782   613,968
Faurecia SE 977   46,343
Faurecia SE (Euronext Paris Exchange) 5,122   240,978
Gecina SA REIT 2,894   389,348
Getlink SE 33,090   516,920
Hermes International 2,428   3,349,995
Ipsen SA 3,144   299,592
Kering SA 4,361   3,097,449
Klepierre REIT* 14,221   318,031
L’Oreal SA 12,212   5,053,375
Legrand SA 10,605   1,136,322
Orange SA 111,352   1,204,257
Orpea SA 3,616   420,436
Publicis Groupe SA 15,647   1,051,131
Renault SA* 7,966   282,609
Safran SA 14,290   1,807,408
    Shares   Value
Sanofi 58,344   $5,616,430
Sartorius Stedim Biotech 1,344   751,034
Schneider Electric SE 23,035   3,836,572
SCOR SE 8,564   246,608
SEB SA 1,871   263,222
Societe Generale SA 43,102   1,349,734
Sodexo SA* 8,013   700,302
Suez SA 19,394   442,224
Teleperformance 2,675   1,052,171
Thales SA 4,648   450,650
TotalEnergies SE 106,291   5,080,493
Ubisoft Entertainment SA* 5,285   316,478
Unibail-Rodamco-Westfield CDI* 10,140   38,391
Unibail-Rodamco-Westfield REITΔ* 6,095   448,596
Valeo 12,169   339,611
Veolia Environnement SAΔ 22,626   691,355
Vinci SA 23,401   2,433,912
Vivendi SEΔ 34,973   440,308
Wendel SE 1,720   237,660
Worldline SA 144A* 13,200   1,006,184
        74,510,551
Germany — 7.9%    
adidas AG 8,615   2,707,320
Allianz SE 17,966   4,025,205
Aroundtown SA 49,132   338,466
BASF SE 41,014   3,109,283
Bayerische Motoren Werke AG 15,493   1,471,510
Bechtle AG 3,882   265,509
Beiersdorf AG 7,547   814,322
Brenntag SE 7,869   730,988
Carl Zeiss Meditec AG 1,414   270,855
Commerzbank AG* 39,511   261,710
Continental AG* 4,960   538,451
Covestro AG 144A 8,920   607,905
Daimler AG 36,038   3,179,694
Delivery Hero SE 144A* 6,459   823,879
Deutsche Bank AG* 96,500   1,226,298
Deutsche Boerse AG 8,824   1,431,841
Deutsche Lufthansa AG* 24,903   169,908
Deutsche Post AG 40,594   2,545,642
Deutsche Telekom AG 152,636   3,060,993
Deutsche Wohnen SE 14,763   902,678
E.ON SE 79,087   965,312
Evonik Industries AG 13,302   417,114
Fresenius Medical Care AG & Co. KGaA 8,805   617,621
Fresenius SE & Co. KGaA 22,478   1,075,914
GEA Group AG 7,555   345,032
Hannover Rueck SE 3,483   606,534
HeidelbergCement AG 2,223   165,843
HelloFresh SE* 7,006   645,723
Henkel AG & Co. KGaA 5,135   441,739
Infineon Technologies AG 50,360   2,059,634
KION Group AG 3,513   326,630
Knorr-Bremse AG 3,578   382,816
LANXESS AG 3,845   259,862
LEG Immobilien SE 2,998   423,479
155

INTERNATIONAL EQUITY INDEX FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
MTU Aero Engines AG 2,932   $659,178
Muenchener Rueckversicherungs-Gesellschaft AG 6,780   1,850,054
Nemetschek SE 2,312   241,488
Puma SE 8,422   936,233
Rational AG 243   228,268
RWE AG 29,703   1,047,577
SAP SE 45,109   6,100,055
Scout24 AG 144A 3,290   228,506
Siemens AG 32,854   5,373,306
Siemens Energy AG* 18,963   507,250
Siemens Healthineers AG 144A 17,555   1,138,538
Symrise AG 6,729   881,978
TeamViewer AG 144A* 8,356   244,460
Telefonica Deutschland Holding AG 56,298   160,293
Vitesco Technologies Group AG* 992   58,603
Volkswagen AG 247   76,176
Vonovia SE 27,917   1,678,324
Zalando SE 144A* 10,454   953,421
        59,579,418
Hong Kong — 2.8%    
AIA Group, Ltd. 527,600   6,069,725
BOC Hong Kong Holdings, Ltd. 203,500   613,231
Chow Tai Fook Jewellery Group, Ltd. 171,800   326,728
CK Asset Holdings, Ltd. 97,557   562,882
CK Hutchison Holdings, Ltd. 149,000   993,998
CK Infrastructure Holdings, Ltd. 35,000   195,217
CLP Holdings, Ltd. 91,000   876,187
ESR Cayman, Ltd. 144A* 109,800   331,388
Hang Lung Properties, Ltd.Δ 117,000   266,649
Hang Seng Bank, Ltd. 44,300   758,807
Henderson Land Development Co., Ltd. 67,275   256,884
HKT Trust & HKT, Ltd. 253,000   345,930
Hong Kong & China Gas Co., Ltd. 374,138   565,283
Hong Kong Exchanges and Clearing, Ltd. 48,797   2,998,601
Link REIT 73,210   626,923
MTR Corporation, Ltd.Δ 93,963   505,701
New World Development Co., Ltd. 79,466   323,209
Power Assets Holdings, Ltd. 77,000   451,381
Sino Land Co., Ltd. 292,958   394,117
Sun Hung Kai Properties, Ltd. 65,000   811,612
Swire Pacific, Ltd. Class A 22,500   133,133
Swire Properties, Ltd. 63,800   159,978
Techtronic Industries Co., Ltd. 46,500   918,913
WH Group, Ltd. 144A 556,591   396,320
Wharf Real Estate Investment Co., Ltd. 109,000   560,030
Xinyi Glass Holdings, Ltd. 96,000   286,373
        20,729,200
Ireland — 0.7%    
CRH PLC 39,610   1,869,389
DCC PLC 5,616   468,183
James Hardie Industries PLC CDI 11,727   415,971
Kerry Group PLC Class A 8,753   1,176,128
    Shares   Value
Kingspan Group PLC 7,807   $778,743
Smurfit Kappa Group PLC 17,166   903,763
        5,612,177
Israel — 0.6%    
Azrieli Group, Ltd. 1,239   111,533
Bank Hapoalim BM 48,532   426,287
Bank Leumi Le-Israel BM 65,831   557,789
Check Point Software Technologies, Ltd.* 4,629   523,262
CyberArk Software, Ltd.* 2,381   375,769
Elbit Systems, Ltd. 1,618   234,284
ICL Group, Ltd. 976   7,112
Israel Discount Bank, Ltd. Class A* 52,953   279,530
Nice, Ltd.* 2,756   780,395
Teva Pharmaceutical Industries, Ltd. ADR* 51,301   499,672
Wix.com, Ltd.* 2,346   459,746
        4,255,379
Italy — 1.9%    
Amplifon SpA 5,903   280,543
Assicurazioni Generali SpA 40,263   852,738
Atlantia SpA* 29,878   563,848
DiaSorin SpAΔ 692   144,913
Enel SpA 338,973   2,601,692
Eni SpA 112,690   1,502,745
FinecoBank Banca Fineco SpA* 27,715   500,585
Infrastrutture Wireless Italiane SpA 144A 26,318   293,131
Intesa Sanpaolo SpA 725,698   2,054,441
Mediobanca Banca di Credito Finanziario SpA* 21,353   256,898
Moncler SpA 14,899   908,699
Nexi SpA 144A* 24,702   460,635
Poste Italiane SpA 144A 25,999   357,016
Prysmian SpA 8,844   308,908
Recordati Industria Chimica e Farmaceutica SpA 7,624   441,884
Snam SpA 106,584   589,611
Telecom Italia SpA 623,814   243,918
Terna - Rete Elettrica Nazionale 90,920   645,242
UniCredit SpA 99,177   1,312,477
        14,319,924
Japan — 23.2%    
ABC-Mart, Inc. 100   5,617
Acom Co., Ltd. 3,200   11,693
Advantest Corporation 10,700   953,472
Aeon Co., Ltd. 30,800   809,731
AGC, Inc. 7,200   371,032
Aisin CorporationΔ 5,800   210,173
Ajinomoto Co., Inc. 31,600   933,775
ANA Holdings, Inc.* 7,400   192,381
Asahi Intecc Co., Ltd. 7,400   202,676
Asahi Kasei Corporation 28,300   303,265
Astellas Pharma, Inc. 86,900   1,430,292
Azbil Corporation 5,900   254,028
Bandai Namco Holdings, Inc. 9,100   684,117
 
156

    Shares   Value
Bridgestone Corporation 20,000   $946,224
Brother Industries, Ltd. 11,600   255,261
Canon, Inc. 47,800   1,169,574
Capcom Co., Ltd. 8,400   233,403
Casio Computer Co., Ltd. 10,000   165,561
Central Japan Railway Co. 7,300   1,165,255
Chubu Electric Power Co., Inc. 38,800   458,567
Chugai Pharmaceutical Co., Ltd. 28,200   1,031,948
Concordia Financial Group, Ltd. 10,800   42,514
CyberAgent, Inc. 22,800   439,869
Dai Nippon Printing Co., Ltd. 10,500   252,973
Daifuku Co., Ltd. 4,700   440,793
Dai-ichi Life Holdings, Inc. 47,600   1,041,063
Daiichi Sankyo Co., Ltd. 69,700   1,852,708
Daikin Industries, Ltd. 9,700   2,114,973
Daito Trust Construction Co., Ltd. 3,500   410,577
Daiwa House Industry Co., Ltd. 24,600   820,041
Daiwa House REIT Investment CorporationΔ 101   296,603
Daiwa Securities Group, Inc. 49,000   285,608
Denso Corporation 21,400   1,397,363
Dentsu Group, Inc. 10,700   411,680
Disco Corporation 1,500   420,132
East Japan Railway Co. 9,200   650,193
Eisai Co., Ltd. 10,100   756,566
ENEOS Holdings, Inc. 137,150   557,152
FANUC Corporation 8,900   1,951,431
Fast Retailing Co., Ltd. 2,900   2,138,796
Fuji Electric Co., Ltd. 2,700   122,866
FUJIFILM Holdings Corporation 14,300   1,234,802
Fujitsu, Ltd. 8,800   1,590,254
GLP J-REITΔ 117   192,591
GMO Payment Gateway, Inc. 1,900   239,897
Hakuhodo DY Holdings, Inc. 7,900   135,951
Hamamatsu Photonics KK 6,400   395,896
Hankyu Hanshin Holdings, Inc. 13,100   412,303
Hikari Tsushin, Inc. 1,200   202,823
Hino Motors, Ltd. 18,000   167,145
Hirose Electric Co., Ltd. 605   100,543
Hisamitsu Pharmaceutical Co., Inc. 3,300   124,813
Hitachi Metals, Ltd.* 2,000   38,623
Hitachi, Ltd. 35,600   2,106,121
Honda Motor Co., Ltd. 66,900   2,056,761
Hoshizaki Corporation 2,100   191,003
Hoya Corporation 15,500   2,418,292
Ibiden Co., Ltd. 1,800   99,010
Idemitsu Kosan Co., Ltd. 8,736   229,815
Iida Group Holdings Co., Ltd. 2,500   64,304
Inpex Corporation 43,600   339,484
Isuzu Motors, Ltd. 18,100   235,485
Ito En, Ltd. 8,000   530,680
ITOCHU CorporationΔ 55,600   1,619,405
Japan Airlines Co., Ltd.* 6,100   145,221
Japan Exchange Group, Inc.Δ 24,800   615,040
Japan Metropolitan Fund Invest REIT 228   218,927
Japan Post Bank Co., Ltd. 34,300   294,208
Japan Post Holdings Co., Ltd.* 72,100   606,049
Japan Post Insurance Co., Ltd. 12,400   224,913
    Shares   Value
Japan Real Estate Investment Corporation REITΔ 46   $275,919
JFE Holdings, Inc. 23,900   358,411
JSR Corporation 2,200   79,081
Kajima Corporation 17,500   224,255
Kakaku.com, Inc.Δ 3,900   125,943
Kansai Electric Power Co., Inc. (The) 34,300   332,373
Kansai Paint Co., Ltd. 1,400   34,729
Kao Corporation 24,200   1,440,229
KDDI Corporation 63,900   2,103,787
Keio Corporation 7,300   390,453
Keisei Electric Railway Co., Ltd. 5,400   178,876
Keyence Corporation 8,500   5,073,405
Kikkoman Corporation 9,000   732,354
Kintetsu Group Holdings Co., Ltd.Δ* 11,300   380,011
Kobayashi Pharmaceutical Co., Ltd. 2,300   182,350
Kobe Bussan Co., Ltd. 11,500   375,750
Koito Manufacturing Co., Ltd. 4,300   258,573
Komatsu, Ltd. 28,500   682,530
Konami Holdings CorporationΔ 5,500   344,736
Kose Corporation 1,400   167,434
Kubota Corporation 49,500   1,053,490
KuritaWater Industries, Ltd. 900   43,307
Kyocera Corporation 16,300   1,018,934
Kyowa Kirin Co., Ltd. 18,400   663,325
Lasertec Corporation 4,200   956,162
Lawson, Inc.Δ 3,900   191,577
Lion Corporation 11,600   187,621
Lixil Corporation 11,900   344,902
M3, Inc. 20,000   1,425,366
Makita Corporation 7,900   434,363
Marubeni Corporation 64,200   531,141
Mazda Motor Corporation* 20,700   179,136
McDonald’s Holdings Co. Japan, Ltd.Δ 8,800   415,170
Medipal Holdings Corporation 4,500   84,691
MEIJI Holdings Co., Ltd. 8,000   517,219
Mercari, Inc.Δ* 6,500   359,177
MINEBEA MITSUMI, Inc.Δ 13,700   348,909
MISUMI Group, Inc. 9,900   421,236
Mitsubishi Chemical Holdings Corporation 60,200   548,045
Mitsubishi Corporation 49,400   1,551,280
Mitsubishi Electric Corporation 82,100   1,140,993
Mitsubishi Estate Co., Ltd. 63,800   1,015,876
Mitsubishi Gas Chemical Co., Inc. 5,500   108,458
Mitsubishi HC Capital, Inc. 38,900   203,404
Mitsubishi Heavy Industries, Ltd. 13,700   367,078
Mitsubishi UFJ Financial Group, Inc. 524,300   3,099,312
Mitsui & Co., Ltd.Δ 61,200   1,338,260
Mitsui Chemicals, Inc. 9,400   314,045
Mitsui Fudosan Co., Ltd. 34,200   812,417
Mizuho Financial Group, Inc. 118,790   1,680,541
MonotaRO Co., Ltd. 8,000   179,281
MS&AD Insurance Group Holdings, Inc. 8,200   274,263
Murata Manufacturing Co., Ltd. 21,700   1,919,419
Nabtesco Corporation 3,800   143,677
157

INTERNATIONAL EQUITY INDEX FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
NEC Corporation 9,300   $503,976
Nexon Co., Ltd. 23,400   375,583
NH Foods, Ltd.Δ 6,500   245,468
Nidec Corporation 20,800   2,292,992
Nihon M&A Center, Inc. 10,800   317,135
Nintendo Co., Ltd.Δ 4,300   2,054,896
Nippon Building Fund, Inc. REIT 69   448,278
Nippon Express Co., Ltd. 4,000   275,481
Nippon Paint Holdings Co., Ltd.Δ 29,500   321,260
Nippon Prologis REIT, Inc. 121   404,388
Nippon Sanso Holdings Corporation 8,800   220,537
Nippon Shinyaku Co., Ltd.Δ 3,000   249,369
Nippon Steel Corporation 35,900   645,697
Nippon Telegraph & Telephone Corporation 61,300   1,698,572
Nippon Yusen KK 8,500   636,891
Nissan Chemical Corporation 5,900   345,069
Nissan Motor Co., Ltd.* 106,800   533,730
Nisshin Seifun Group, Inc. 15,300   253,532
Nissin Foods Holdings Co., Ltd.Δ 4,300   345,052
Nitori Holdings Co., Ltd. 4,000   788,288
Nitto Denko Corporation 7,100   505,425
Nomura Holdings, Inc. 160,800   792,729
Nomura Real Estate Holdings, Inc. 11,400   296,383
Nomura Real Estate Master Fund, Inc. REIT 184   264,826
Nomura Research Institute, Ltd. 17,157   630,635
NTT Data Corporation 29,300   566,493
Obayashi Corporation 26,400   217,609
Obic Co., Ltd. 3,600   684,569
Odakyu Electric Railway Co., Ltd.Δ 15,900   368,007
Oji Holdings Corporation 31,000   156,201
Olympus Corporation 54,000   1,181,951
Omron Corporation 8,300   821,307
Ono Pharmaceutical Co., Ltd. 28,900   659,028
Oracle Corporation 700   61,492
Oriental Land Co., Ltd. 11,700   1,892,777
ORIX Corporation 60,200   1,126,434
Orix JREIT, Inc. 119   207,104
Osaka Gas Co., Ltd. 14,000   255,823
Otsuka Corporation 6,900   354,817
Otsuka Holdings Co., Ltd. 20,900   893,740
Pan Pacific International Holdings Corporation 26,100   538,530
Panasonic Corporation 112,600   1,395,722
PeptiDream, Inc.* 5,900   192,601
Persol Holdings Co., Ltd. 9,400   234,333
Pigeon Corporation 6,500   151,111
Pola Orbis Holdings, Inc. 7,300   168,030
Rakuten, Inc. 35,400   344,823
Recruit Holdings Co., Ltd. 54,700   3,343,584
Renesas Electronics Corporation* 60,600   745,826
Resona Holdings, Inc. 92,600   370,401
Ricoh Co., Ltd.Δ 26,200   268,085
Rinnai Corporation 1,300   142,729
Rohm Co., Ltd. 3,100   292,338
Ryohin Keikaku Co., Ltd. 11,000   244,674
Santen Pharmaceutical Co., Ltd. 18,600   261,593
    Shares   Value
SBI Holdings, Inc. 9,400   $230,229
Secom Co., Ltd. 11,500   831,772
Seiko Epson Corporation 17,200   347,268
Sekisui Chemical Co., Ltd. 16,800   288,661
Sekisui House, Ltd. 31,600   661,734
Seven & i Holdings Co., Ltd. 29,000   1,320,209
SG Holdings Co., Ltd. 8,800   248,961
Sharp CorporationΔ 9,500   119,756
Shimadzu Corporation 11,300   496,253
Shimano, Inc. 3,200   934,999
Shimizu Corporation 26,800   200,607
Shin-Etsu Chemical Co., Ltd. 13,800   2,329,011
Shionogi & Co., Ltd. 11,000   752,723
Shiseido Co., Ltd. 20,800   1,397,957
SMC Corporation 2,700   1,684,558
SoftBank Corporation 130,600   1,771,562
SoftBank Group Corporation 52,500   3,033,728
Sohgo Security Services Co., Ltd. 600   26,974
Sompo Holdings, Inc. 13,400   581,359
Sony Group Corporation 54,100   6,006,115
Square Enix Holdings Co., Ltd. 4,200   224,472
Subaru Corporation 30,200   558,088
SUMCO CorporationΔ 14,200   283,298
Sumitomo Chemical Co., Ltd. 51,000   264,703
Sumitomo Corporation 51,900   731,112
Sumitomo Dainippon Pharma Co., Ltd.Δ 12,500   223,426
Sumitomo Electric Industries, Ltd.Δ 34,000   452,121
Sumitomo Metal Mining Co., Ltd. 9,900   357,990
Sumitomo Mitsui Financial Group, Inc. 55,300   1,945,419
Sumitomo Mitsui Trust Holdings, Inc. 13,800   475,273
Sumitomo Realty & Development Co., Ltd. 6,500   237,583
Suntory Beverage & Food, Ltd. 11,200   464,300
Suzuki Motor CorporationΔ 10,100   451,258
Sysmex Corporation 7,300   906,723
T&D Holdings, Inc. 22,500   308,653
Taisei Corporation 11,000   352,460
Taisho Pharmaceutical Holdings Co., Ltd. 5,400   314,759
Takeda Pharmaceutical Co., Ltd. 77,936   2,570,546
TDK Corporation 8,100   292,108
Terumo Corporation 22,800   1,076,579
TIS, Inc. 8,000   218,353
Tobu Railway Co., Ltd. 10,900   293,491
Toho Co., Ltd. 2,900   136,623
Toho Gas Co., Ltd.Δ 3,400   147,879
Tohoku Electric Power Co., Inc. 19,200   141,143
Tokio Marine Holdings, Inc. 29,100   1,559,906
Tokyo Electric Power Co. Holdings, Inc.* 56,100   159,733
Tokyo Electron, Ltd. 6,100   2,694,850
Tokyo Gas Co., Ltd. 20,300   377,728
Tokyu Corporation 16,400   243,433
TOPPAN, Inc. 14,000   237,375
Toray Industries, Inc. 85,700   544,554
Toshiba Corporation 16,900   711,339
 
158

    Shares   Value
Tosoh Corporation 16,800   $304,445
TOTO, Ltd. 6,700   319,031
Toyo Suisan Kaisha, Ltd. 4,200   185,975
Toyota Industries Corporation 8,800   724,063
Toyota Motor Corporation 459,580   8,188,514
Toyota Tsusho Corporation 7,800   327,549
Trend Micro, Inc. 4,300   239,459
Tsuruha Holdings, Inc. 1,900   234,312
Unicharm Corporation 24,000   1,063,488
United Urban Investment Corporation REIT 156   210,845
Welcia Holdings Co., Ltd. 4,600   165,796
West Japan Railway Co. 9,300   467,484
Yakult Honsha Co., Ltd.Δ 10,500   531,521
Yamada Holdings Co., Ltd. 39,400   165,463
Yamaha Corporation 5,400   339,671
Yamaha Motor Co., Ltd. 13,300   370,270
Yamato Holdings Co., Ltd. 10,600   268,290
Yaskawa Electric Corporation 9,000   432,167
Yokogawa Electric Corporation 9,300   162,207
Z Holdings Corporation 123,000   787,208
ZOZO, Inc. 5,700   213,551
        175,146,526
Jersey — 0.8%    
Experian PLC 36,334   1,522,036
Ferguson PLC 8,665   1,202,892
Glencore PLC* 401,592   1,889,131
WPP PLC 75,700   1,014,196
        5,628,255
Netherlands — 6.0%    
ABN AMRO Bank NV CVA 144A* 19,173   276,616
Adyen NV 144A* 831   2,322,947
Aegon NVΔ 97,467   503,110
Airbus SE* 25,139   3,332,826
Akzo Nobel NV 7,083   773,922
ArcelorMittal SA 34,529   1,057,024
Argenx SE* 2,200   664,802
ASM International NV 2,234   874,876
ASML Holding NV 18,015   13,458,259
CNH Industrial NV 43,467   730,639
EXOR NV 3,560   298,745
Ferrari NV 5,605   1,169,764
ING Groep NV 182,403   2,651,868
InPost SA* 16,419   272,448
JDE Peet's NV 8,224   245,778
Just Eat Takeaway.com NV 144A* 6,526   476,816
Koninklijke Ahold Delhaize NV 58,297   1,941,182
Koninklijke DSM NVΔ 9,167   1,833,181
Koninklijke KPN NV 184,467   580,474
Koninklijke Philips NV 45,034   2,000,722
Koninklijke Vopak NV 1,385   54,572
NN Group NVΔ 13,862   726,123
Prosus NV* 40,285   3,224,454
QIAGEN NVΔ* 14,497   752,141
Randstad NVΔ 7,963   536,126
Stellantis NV 98,407   1,872,797
    Shares   Value
STMicroelectronics NV 30,860   $1,347,401
Wolters Kluwer NV 14,668   1,554,757
        45,534,370
New Zealand — 0.4%    
a2 Milk Co., Ltd. (The)Δ* 45,565   201,759
Auckland International Airport, Ltd.Δ* 96,523   518,846
Fisher & Paykel Healthcare Corporation, Ltd. 27,390   602,462
Mercury NZ, Ltd. 64,443   288,216
Meridian Energy, Ltd. 83,938   283,860
Ryman Healthcare, Ltd. 22,949   238,798
Spark New Zealand, Ltd. 92,750   305,136
Xero, Ltd.* 5,756   564,828
        3,003,905
Norway — 0.7%    
Adevinta ASA* 16,796   287,823
DNB Bank ASA 42,506   966,361
Equinor ASA 33,029   839,954
Gjensidige Forsikring ASA 8,027   177,783
Mowi ASA 26,051   661,873
Norsk Hydro ASA 56,215   419,588
Orkla ASA 60,619   556,373
Schibsted ASA, B Shares 4,676   198,878
Telenor ASA 36,667   617,179
Yara International ASA 10,434   516,862
        5,242,674
Papua New Guinea — 0.0%    
Oil Search, Ltd. 96,983   301,808
Portugal — 0.2%    
EDP - Energias de Portugal SA 154,225   810,162
Galp Energia SGPS SA 27,004   306,711
Jeronimo Martins SGPS SA 14,871   296,457
        1,413,330
Singapore — 1.1%    
Ascendas REIT 149,957   330,531
CapitaLand Integrated Commercial Trust REITΔ 154,203   229,617
Capitaland Investment, Ltd.* 42,360   106,072
DBS Group Holdings, Ltd. 67,260   1,490,389
Hongkong Land Holdings, Ltd. 79,400   379,268
Jardine Matheson Holdings, Ltd. 12,200   644,871
Keppel Corporation, Ltd. 57,100   218,050
Mapletree Logistics Trust REIT 203,800   304,668
Oversea-Chinese Banking Corporation, Ltd. 118,940   1,001,562
Singapore Airlines, Ltd.Δ* 127,450   469,348
Singapore Exchange, Ltd. 32,300   236,464
Singapore Technologies Engineering, Ltd. 16,100   44,942
Singapore Telecommunications, Ltd. 431,500   776,815
United Overseas Bank, Ltd. 53,959   1,020,774
UOL Group, Ltd.Δ 7,561   38,021
Venture Corporation, Ltd. 10,300   135,380
159

INTERNATIONAL EQUITY INDEX FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
Wilmar International, Ltd. 188,000   $580,807
        8,007,579
Spain — 2.4%    
ACS Actividades de Construccion y Servicios SAΔ 18,362   497,402
Aena SME SA 144A* 3,930   679,661
Amadeus IT Group SA* 22,411   1,474,013
Banco Bilbao Vizcaya Argentaria SA* 319,952   2,111,879
Banco Santander SA* 712,464   2,580,806
CaixaBank SA 185,397   574,921
Cellnex Telecom SA 144AΔ* 18,797   1,160,528
EDP Renovaveis SA 12,583   312,208
Enagas SA 17,674   392,790
Endesa SA 13,556   273,391
Ferrovial SAΔ 28,287   825,660
Grifols SA 15,393   375,867
Iberdrola SA 270,908   2,725,452
Industria de Diseno Textil SA 56,903   2,093,788
Naturgy Energy Group SA 9,244   232,680
Red Electrica Corporation SAΔ 23,715   475,777
Repsol SA 42,415   553,666
Siemens Gamesa Renewable Energy SAΔ* 6,866   174,513
Telefonica SA 159,468   748,316
        18,263,318
Sweden — 3.2%    
Alfa Laval AB 14,717   548,922
Assa Abloy AB, B Shares 39,827   1,155,246
Atlas Copco AB, A Shares 28,714   1,733,914
Atlas Copco AB, B Shares 19,228   977,294
Boliden AB 9,794   313,608
Electrolux AB, Series BΔ* 13,970   322,759
Embracer Group ABΔ* 27,006   260,053
Epiroc AB, A Shares 31,158   647,761
Epiroc AB, B Shares 20,075   355,564
EQT AB 12,795   531,295
Essity AB, B Shares 36,031   1,117,465
Fastighets AB Balder, B Shares* 4,801   288,524
H & M Hennes & Mauritz AB, B Shares* 42,435   858,953
Hexagon AB, B Shares 97,566   1,509,150
Husqvarna AB, B SharesΔ 23,565   281,509
ICA Gruppen AB 5,526   253,531
Industrivarden AB, C Shares 18,571   573,764
Investment AB Latour, B Shares 9,171   283,793
Investor AB, B Shares 84,736   1,822,195
Kinnevik AB, B Shares* 10,870   382,127
L E Lundbergforetagen AB, B Shares 5,888   323,123
Lundin Energy AB 8,084   300,088
Nibe Industrier AB, B Shares 52,100   654,728
Sandvik AB 39,543   903,412
Securitas AB, B Shares 14,981   237,113
Sinch AB 144A* 22,610   438,453
Skandinaviska Enskilda Banken AB, A Shares 55,183   777,712
Skanska AB, B Shares 13,311   333,941
    Shares   Value
SKF AB, B Shares 13,321   $314,125
Svenska Cellulosa AB SCA, B Shares 26,301   407,615
Svenska Handelsbanken AB, A Shares 65,615   734,849
Swedbank AB, A Shares 41,659   840,041
Tele2 AB, B Shares 19,177   283,949
Telefonaktiebolaget LM Ericsson, B SharesΔ 110,912   1,251,856
Telia Co AB 126,527   520,498
Volvo AB, B Shares 76,978   1,718,648
        24,257,578
Switzerland — 9.3%    
ABB, Ltd. 68,606   2,294,996
Adecco Group AG 8,557   428,755
Alcon, Inc. 23,311   1,887,509
Baloise Holding AG 269   40,804
Barry Callebaut AG 219   496,706
Chocoladefabriken Lindt & Spruengli AG 3   353,774
Chocoladefabriken Lindt & Spruengli AG (Swiss Exchange) 82   916,830
Cie Financiere Richemont SA Class A 22,383   2,320,717
Coca-Cola HBC AG* 38,240   1,232,253
Credit Suisse Group AGΔ 76,368   754,230
EMS-Chemie Holding AG 154   145,503
Geberit AG 1,584   1,162,977
Givaudan SA 437   1,992,324
Holcim, Ltd.* 1,494   72,026
Holcim, Ltd. (Swiss Exchange)* 13,262   639,030
Julius Baer Group, Ltd. 11,052   734,292
Kuehne + Nagel International AG 2,592   884,912
Logitech International SA 9,124   811,736
Lonza Group AG 3,103   2,327,591
Nestle SA 125,117   15,075,356
Novartis AG 98,147   8,047,977
Partners Group Holding AG 915   1,427,985
Roche Holding AG 1,511   620,150
Roche Holding AG (Swiss Exchange) 30,001   10,949,464
Schindler Holding AG 1,421   366,086
Schindler Holding AG (Swiss Exchange) 2,186   586,874
SGS SA 333   969,309
Sika AG 6,515   2,059,868
Sonova Holding AG 2,443   923,230
Straumann Holding AG 404   724,559
Swatch Group AG (The) 2,593   133,421
Swatch Group AG (The) (Swiss Exchange) 2,026   528,546
Swiss Life Holding AG 1,166   587,510
Swiss Prime Site AG 1,740   169,965
Swiss Re AG 8,814   752,277
Swisscom AG 1,391   800,494
Temenos AG 3,832   519,951
UBS Group AG 153,106   2,443,819
Vifor Pharma AG 2,839   367,983
Zurich Insurance Group AG 6,031   2,466,199
        70,017,988
 
160

    Shares   Value
United Kingdom — 12.7%    
3i Group PLC 26,842   $461,058
Abrdn PLC 114,480   391,517
Admiral Group PLC 7,823   326,872
Anglo American PLC 54,179   1,898,901
Antofagasta PLC 23,560   428,150
Ashtead Group PLC 18,588   1,405,130
Associated British Foods PLC 22,791   567,330
AstraZeneca PLC 68,993   8,314,880
Auto Trader Group PLC 144AΔ 39,162   308,840
AVEVA Group PLC 8,238   398,152
Aviva PLC 204,349   1,083,024
BAE Systems PLC 158,332   1,199,216
Barclays PLC 828,179   2,104,386
Barratt Developments PLC 50,118   443,032
Berkeley Group Holdings PLC 6,217   363,046
BHP Group PLC 88,834   2,238,114
BP PLC 863,624   3,933,682
British Land Co. PLC (The) REIT 31,612   209,765
BT Group PLC* 453,308   971,807
Bunzl PLC 13,047   430,479
Burberry Group PLC 30,456   741,197
Coca-Cola European Partners PLC 15,904   879,332
Compass Group PLC* 98,923   2,023,091
Croda International PLC 4,729   541,835
Direct Line Insurance Group PLC 64,437   251,438
Evraz PLC 31,936   253,380
GlaxoSmithKline PLC 253,453   4,783,462
Halma PLC 23,059   879,552
Hargreaves Lansdown PLC 13,678   262,626
Hikma Pharmaceuticals PLC 15,678   515,744
HSBC Holdings PLC 874,012   4,569,927
Informa PLCΔ* 87,112   640,618
InterContinental Hotels Group PLC* 14,742   941,299
Intertek Group PLC 8,134   543,898
J Sainsbury PLCΔ 118,172   452,928
JD Sports Fashion PLC 19,923   279,988
Johnson Matthey PLC 13,222   474,366
Kingfisher PLC 108,273   488,731
Land Securities Group PLC REIT 42,490   396,021
Legal & General Group PLC 179,507   674,424
Lloyds Banking Group PLC 2,720,749   1,693,453
London Stock Exchange Group PLC 14,997   1,502,823
M&G PLC 116,852   319,264
Melrose Industries PLC 238,315   553,298
Mondi PLC 29,098   713,075
National Grid PLC 171,408   2,042,450
Natwest Group PLC 215,447   649,542
Next PLC 7,706   847,667
Ocado Group PLC* 22,804   509,620
Pearson PLCΔ 41,042   393,602
Persimmon PLC 15,563   556,610
Phoenix Group Holdings PLC 26,052   225,225
    Shares   Value
Prudential PLC 100,925   $1,958,493
Reckitt Benckiser Group PLC 31,633   2,485,095
RELX PLC 88,868   2,558,177
Rentokil Initial PLC 101,023   793,313
Rio Tinto PLC 47,863   3,137,522
Rolls-Royce Holdings PLCΔ* 419,124   782,805
Royal Dutch Shell PLC, A Shares 196,480   4,369,553
Royal Dutch Shell PLC, B Shares 154,577   3,424,904
Sage Group PLC (The) 68,811   655,195
Schroders PLC 6,913   332,929
Segro PLC REIT 73,703   1,183,953
Severn Trent PLC 5,400   189,049
Smith & Nephew PLC 46,538   801,749
Smiths Group PLC 26,226   505,710
Spirax-Sarco Engineering PLC 3,343   672,631
SSE PLC 59,270   1,247,938
St. James’s Place PLC 12,657   255,321
Standard Chartered PLC 131,722   770,018
Taylor Wimpey PLC 203,676   424,808
Tesco PLC 297,815   1,014,249
Unilever PLC 128,803   6,973,184
United Utilities Group PLC 48,952   637,128
Vodafone Group PLC 1,094,366   1,665,288
Whitbread PLCΔ* 15,331   681,663
Wm Morrison Supermarkets PLC 146,161   579,980
        96,178,522
Total Foreign Common Stocks
(Cost $605,154,481)
  716,353,624
FOREIGN PREFERRED STOCKS — 0.6%
Germany — 0.6%    
FUCHS PETROLUB SE        
2.56%◊ 3,828   179,229
Henkel AG & Co. KGaA        
2.34%◊ 8,912   824,437
Porsche Automobil Holding SE        
2.63%◊ 6,508   643,578
Sartorius AG        
0.14%◊ 1,199   763,294
Volkswagen AG        
2.55%◊ 9,649   2,150,787
        4,561,325
Total Foreign Preferred Stocks
(Cost $3,382,539)
  4,561,325
RIGHTS — 0.0%
Deutsche Lufthansa AG*
(Cost $119,496)
24,903   59,135
161

INTERNATIONAL EQUITY INDEX FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
MONEY MARKET FUNDS — 5.2%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
22,871,912   $22,871,912
Northern Institutional Liquid Assets Portfolio (Shares), 0.03%ا 15,875,457   15,875,457
Total Money Market Funds
(Cost $38,747,369)
  38,747,369
TOTAL INVESTMENTS101.0%
(Cost $649,800,758)
    761,834,045
Liabilities in Excess of Other
Assets — (1.0)%
    (7,196,815)
NET ASSETS — 100.0%     $754,637,230
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
MSCI EAFE Index   12/2021   268   $30,377,800   $(1,192,898)
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
162

INTERNATIONAL EQUITY FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
COMMON STOCKS — 3.8%
Communication Services — 0.1%    
Tencent Music Entertainment Group ADR* 210,841   $1,528,597
Consumer Discretionary — 1.6%    
Booking Holdings, Inc.* 1,430   3,394,634
Lululemon Athletica, Inc.* 15,770   6,382,119
MercadoLibre, Inc.* 4,050   6,801,570
Trip.com Group, Ltd. ADR* 149,836   4,607,457
        21,185,780
Financials — 0.5%    
Everest Re Group, Ltd. 23,821   5,973,831
Health Care — 1.0%    
Mettler-Toledo International, Inc.* 4,010   5,523,214
ResMed, Inc. 29,860   7,869,603
        13,392,817
Information Technology — 0.6%    
Cognizant Technology Solutions Corporation Class A 34,198   2,537,833
EPAM Systems, Inc.* 9,370   5,345,398
        7,883,231
Total Common Stocks
(Cost $36,391,793)
  49,964,256
FOREIGN COMMON STOCKS — 87.1%
Australia — 2.4%    
Afterpay, Ltd.* 2,670   231,957
AMP, Ltd.* 446,039   314,518
Ansell, Ltd. 5,554   134,948
ASX, Ltd.‡‡ 2,303   132,965
Aurizon Holdings, Ltd. 436,750   1,182,475
Australia & New Zealand Banking Group, Ltd. 46,976   943,398
BHP Group, Ltd.‡‡ 37,978   1,014,311
BlueScope Steel, Ltd.‡‡ 136,397   1,976,338
Brambles, Ltd. 195,570   1,503,827
carsales.com, Ltd. 5,846   104,933
Coles Group, Ltd. 22,243   270,186
CSL, Ltd. 33,188   6,934,011
Dexus REIT‡‡ 55,775   429,278
Fortescue Metals Group, Ltd.‡‡ 113,037   1,204,072
Goodman Group REIT‡‡ 50,048   770,093
GPT Group (The) REITΨ†††* 63,198     —
GPT Group (The) REIT (Athens Exchange) 104,984   378,142
Harvey Norman Holdings, Ltd. 388,591   1,393,479
JB Hi-Fi, Ltd. 47,241   1,536,023
Mineral Resources, Ltd. 27,801   882,296
Mirvac Group REIT‡‡ 355,598   754,317
Orica, Ltd. 227,196   2,219,108
Rio Tinto, Ltd.‡‡ 4,796   341,432
Scentre Group REIT‡‡ 186,809   397,598
Seven Group Holdings, Ltd. 9,416   137,957
Sonic Healthcare, Ltd. 11,906   344,074
South32, Ltd. 801,400   1,988,702
Stockland REIT‡‡ 206,720   655,545
Suncorp Group, Ltd. 103,885   923,745
    Shares   Value
Vicinity Centres REIT‡‡ 336,787   $398,161
Westpac Banking Corporation 37,877   700,478
WiseTech Global, Ltd. 12,440   471,765
Woodside Petroleum, Ltd. 6,369   108,905
        30,779,037
Belgium — 0.2%    
Etablissements Franz Colruyt NV 10,545   537,923
Groupe Bruxelles Lambert SA‡‡ 415   45,648
KBC Group NV 3,973   358,383
Proximus SADP 43,796   869,109
Telenet Group Holding NV 12,159   464,253
        2,275,316
Brazil — 0.2%    
Magazine Luiza SA* 849,000   2,238,744
Canada — 3.1%    
Agnico Eagle Mines, Ltd.Δ 40,750   2,112,888
Canadian National Railway Co. 78,714   9,103,274
Canadian Pacific Railway, Ltd.Δ 104,970   6,830,398
Cenovus Energy, Inc. 147,499   1,487,101
Kinross Gold Corporation 556,457   2,983,059
Open Text Corporation 37,900   1,849,817
Restaurant Brands International, Inc.Δ 16,610   1,016,366
Shopify, Inc. Class A* 5,010   6,792,458
Toronto-Dominion Bank (The) 123,469   8,173,753
        40,349,114
China — 1.7%    
Alibaba Group Holding, Ltd. ADR* 33,917   5,021,412
Baidu, Inc. ADR* 24,066   3,700,147
Tencent Holdings, Ltd. 204,700   12,220,336
Vipshop Holdings, Ltd. ADR* 133,700   1,489,418
        22,431,313
Denmark — 1.1%    
AP Moeller - Maersk A/S Class B 968   2,620,463
Danske Bank A/S 12,095   203,754
DSV A/S 35,895   8,591,968
Genmab A/S* 642   280,504
GN Store Nord A/S 6,416   443,751
H Lundbeck A/S 10,608   288,250
Pandora A/S‡‡ 12,281   1,490,910
        13,919,600
Finland — 0.4%    
Huhtamaki OYJ 9,348   420,371
Kone OYJ Class B 29,819   2,094,736
Metso Outotec OYJ 13,552   123,677
Nokia OYJ* 18,402   101,493
Nokian Renkaat OYJ 12,099   432,339
Orion OYJ Class B‡‡ 1,614   63,899
UPM-Kymmene OYJ 36,411   1,288,739
Valmet OYJ 14,547   525,206
        5,050,460
France — 10.1%    
Accor SA* 191,377   6,823,975
Air Liquide SA 55,467   8,883,604
 
163

INTERNATIONAL EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
AXA SA 336,929   $9,337,397
BNP Paribas SAΔ 102,792   6,576,705
Bureau Veritas SA 236,767   7,306,929
Capgemini SE 73,937   15,332,819
Danone SA 105,301   7,179,207
Engie SA 271,359   3,550,244
Hermes International 7,570   10,444,590
L’Oreal SA 34,197   14,150,857
Publicis Groupe SA 41,156   2,764,770
Sanofi 86,116   8,289,875
Schneider Electric SE 111,274   18,533,134
SCOR SE 50,295   1,448,289
TotalEnergies SE 152,113   7,270,691
Valeo 91,961   2,566,434
Worldline SA 144A* 24,000   1,829,425
        132,288,945
Germany — 9.4%    
adidas AG 8,018   2,519,709
Allianz SE 30,156   6,756,323
Aurubis AG 20,482   1,538,152
Bayerische Motoren Werke AG 86,425   8,208,563
Beiersdorf AG 83,798   9,041,815
Brenntag SE 10,019   930,712
Continental AG* 67,938   7,375,258
Covestro AG 144A 16,139   1,099,886
Daimler AG 98,630   8,702,293
Deutsche Bank AG* 77,305   982,372
Deutsche Boerse AG 75,138   12,192,390
Deutsche Post AG 26,643   1,670,778
Deutsche Wohnen SE* 6,238   382,244
Freenet AG 21,875   572,357
Fresenius Medical Care AG & Co. KGaA 148,133   10,390,688
Fresenius SE & Co. KGaA‡‡ 42,133   2,016,704
GEA Group AG 7,576   345,991
HelloFresh SE* 10,916   1,006,096
Henkel AG & Co. KGaA 21,500   1,849,541
HOCHTIEF AG 4,372   348,565
Infineon Technologies AG‡‡ 13,685   559,692
LANXESS AG 4,395   297,034
METRO AG 50,670   657,411
ProSiebenSat.1 Media SE 15,298   279,499
Rheinmetall AG 8,469   827,238
RWE AG‡‡ 28,584   1,008,112
SAP SE 177,858   24,051,599
Siemens AG 58,478   9,564,138
Siemens Energy AG* 69,128   1,849,138
Software AG 5,659   263,019
Telefonica Deutschland Holding AG 180,754   514,647
thyssenkrupp AG* 287,684   3,026,116
Uniper SE 26,848   1,117,671
Vitesco Technologies Group AG* 10,261   606,154
Vonovia SE 8,154   490,205
Wacker Chemie AG 2,045   380,403
        123,422,513
Hong Kong — 2.6%    
AIA Group, Ltd. 1,637,126   18,834,164
    Shares   Value
Alibaba Group Holding, Ltd.* 89,240   $1,652,184
Li Ning Co., Ltd. 372,500   4,293,339
Shenzhou International Group Holdings, Ltd. 191,500   4,064,295
Wuxi Biologics Cayman, Inc. 144A* 340,775   5,527,471
        34,371,453
India — 1.1%    
Axis Bank, Ltd.* 216,718   2,221,766
HDFC Bank, Ltd. 435,878   9,318,312
HDFC Bank, Ltd. ADR 39,356   2,876,530
        14,416,608
Indonesia — 0.1%    
PT Bank Mandiri Persero Tbk 3,179,600   1,358,920
Ireland — 3.6%    
Accenture PLC Class A 20,085   6,425,593
Aon PLC Class A 37,441   10,699,515
ICON PLC* 23,375   6,124,717
Linde PLC 5,233   1,538,913
Medtronic PLC 58,100   7,282,835
Ryanair Holdings PLC* 7,800   147,497
Ryanair Holdings PLC ADR* 23,810   2,620,529
STERIS PLC 22,050   4,504,374
Willis Towers Watson PLC 32,260   7,499,160
        46,843,133
Israel — 0.6%    
Check Point Software Technologies, Ltd.* 68,060   7,693,502
Italy — 0.9%    
Assicurazioni Generali SpA 18,699   396,030
Azimut Holding SpA 3,677   100,726
Banco BPM SpA 71,752   224,494
Brembo SpA 22,319   281,195
Buzzi Unicem SpA 44,997   1,022,077
Hera SpA 27,467   111,984
Intesa Sanpaolo SpA 2,366,137   6,698,502
Prysmian SpA 12,790   446,736
Telecom Italia SpA 3,320,459   1,298,337
UniCredit SpA 53,655   710,053
Unipol Gruppo SpA 121,643   706,961
        11,997,095
Japan — 16.1%    
ABC-Mart, Inc. 3,400   190,988
Advantest Corporation 5,900   525,746
Aeon Co., Ltd. 13,000   341,770
AEON Financial Service Co., Ltd. 41,300   522,956
Aisin Corporation 20,900   757,349
Ajinomoto Co., Inc. 12,400   366,418
Alfresa Holdings Corporation 13,700   204,656
Amada Co., Ltd. 19,300   199,081
Astellas Pharma, Inc. 569,690   9,376,560
Bandai Namco Holdings, Inc. 4,500   338,300
Bridgestone Corporation 9,900   468,381
Brother Industries, Ltd.‡‡ 55,500   1,221,291
Canon, Inc. 10,000   244,681
Central Japan Railway Co. 1,300   207,511
 
164

    Shares   Value
Chugai Pharmaceutical Co., Ltd. 5,800   $212,245
Concordia Financial Group, Ltd. 60,600   238,553
Dai Nippon Printing Co., Ltd. 2,800   67,460
Dai-ichi Life Holdings, Inc. 23,800   520,531
Daiichi Sankyo Co., Ltd. 19,000   505,042
Daikin Industries, Ltd. 55,300   12,057,527
Daito Trust Construction Co., Ltd.‡‡Δ 76,333   8,954,453
Daiwa House Industry Co., Ltd.‡‡ 21,100   703,369
DeNA Co., Ltd. 54,000   1,001,631
Denso Corporation 7,200   470,141
Disco Corporation 2,900   812,254
East Japan Railway Co. 4,300   303,895
Eisai Co., Ltd. 4,400   329,593
Electric Power Development Co., Ltd. 45,800   656,645
ENEOS Holdings, Inc. 91,100   370,080
FANUC Corporation 1,800   394,671
Fast Retailing Co., Ltd. 600   442,509
Food & Life Cos., Ltd. 14,700   675,949
Fuji Electric Co., Ltd. 5,200   236,630
FUJIFILM Holdings Corporation 4,600   397,209
Fujitsu General, Ltd. 7,300   182,505
Fujitsu, Ltd.‡‡ 3,200   578,274
Fukuoka Financial Group, Inc. 6,100   109,139
GMO Payment Gateway, Inc. 500   63,131
Hakuhodo DY Holdings, Inc. 14,100   242,646
Hankyu Hanshin Holdings, Inc. 8,300   261,230
Haseko Corporation‡‡ 29,300   391,205
Hitachi Transport System, Ltd. 11,000   488,648
Hitachi, Ltd.‡‡ 13,000   769,089
Honda Motor Co., Ltd. 45,300   1,392,695
Hoya Corporation‡‡ 92,100   14,369,333
Ibiden Co., Ltd. 4,700   258,525
Iida Group Holdings Co., Ltd. 19,000   488,713
Inpex Corporation 11,800   91,879
Ito En, Ltd. 3,600   238,806
ITOCHU CorporationΔ 12,700   369,900
Japan Airlines Co., Ltd.* 4,800   114,272
Japan Exchange Group, Inc.Δ 175,027   4,340,670
Japan Metropolitan Fund Invest REIT 166   159,394
Japan Post Holdings Co., Ltd.* 24,200   203,417
Japan Post Insurance Co., Ltd. 46,400   841,609
Japan Real Estate Investment Corporation REITΔ 64   383,888
JSR Corporation 8,400   301,946
JTEKT Corporation 12,800   111,062
Kajima Corporation 82,400   1,055,922
Kamigumi Co., Ltd. 63,400   1,328,711
Kaneka Corporation 5,400   225,548
Kao Corporation 3,900   232,103
KDDI Corporation 38,200   1,257,663
Keyence Corporation 13,100   7,819,012
Kinden Corporation 67,100   1,131,409
Kintetsu Group Holdings Co., Ltd.Δ* 7,900   265,671
Komatsu, Ltd. 77,200   1,848,818
Kubota Corporation 19,200   408,627
KuritaWater Industries, Ltd. 4,900   235,780
Kyocera Corporation 9,600   600,108
Kyowa Exeo Corporation 11,700   286,807
    Shares   Value
Kyushu Electric Power Co., Inc. 23,600   $179,281
Lasertec Corporation 27,500   6,260,583
Lion Corporation 8,000   129,394
Lixil Corporation 9,700   281,139
M3, Inc. 4,600   327,834
Mabuchi Motor Co., Ltd. 27,800   964,114
Makita Corporation 114,268   6,282,756
Marubeni Corporation 133,000   1,100,339
Mebuki Financial Group, Inc. 396,300   868,251
Medipal Holdings Corporation 4,200   79,044
MISUMI Group, Inc. 8,500   361,667
Mitsubishi Chemical Holdings Corporation 21,200   192,999
Mitsubishi Corporation 19,600   615,488
Mitsubishi Electric Corporation 52,500   729,624
Mitsubishi Estate Co., Ltd.‡‡ 45,500   724,488
Mitsubishi Gas Chemical Co., Inc. 5,600   110,430
Mitsubishi Heavy Industries, Ltd. 13,100   351,002
Mitsubishi UFJ Financial Group, Inc. 153,200   905,616
Mitsui & Co., Ltd.Δ 23,200   507,314
Mitsui Chemicals, Inc. 9,100   304,022
Mitsui Fudosan Co., Ltd.‡‡ 33,300   791,038
Mizuho Financial Group, Inc.Δ 130,600   1,847,619
Murata Manufacturing Co., Ltd. 12,300   1,087,966
Nabtesco Corporation 17,100   646,548
NEC Corporation 5,600   303,470
NET One Systems Co., Ltd. 6,200   203,458
Nexon Co., Ltd. 8,900   142,850
NGK Spark Plug Co., Ltd. 54,900   854,177
NH Foods, Ltd. 12,800   483,384
Nidec Corporation 4,900   540,176
Nifco, Inc. 2,200   68,367
Nihon Kohden Corporation 4,000   135,969
Nihon M&A Center, Inc. 10,600   311,262
Nihon Unisys, Ltd. 37,500   971,162
Nintendo Co., Ltd.‡‡Δ 13,324   6,367,311
Nippo Corporation 31,900   1,143,199
Nippon Building Fund, Inc. REIT 16   103,948
Nippon Steel Corporation 16,700   300,366
Nippon Telegraph & Telephone Corporation 46,300   1,282,934
Nisshin Seifun Group, Inc. 15,800   261,817
Nitori Holdings Co., Ltd. 1,400   275,901
Nitto Denko Corporation‡‡ 10,500   747,459
NOF Corporation 1,300   73,186
Nomura Holdings, Inc. 268,700   1,324,666
NS Solutions Corporation 19,200   651,427
Obayashi Corporation 144,900   1,194,377
Obic Co., Ltd. 1,600   304,253
Olympus Corporation 12,300   269,222
Omron Corporation 4,200   415,601
Ono Pharmaceutical Co., Ltd. 17,600   401,346
Oriental Land Co., Ltd. 2,100   339,729
ORIX Corporation 23,400   437,850
Osaka Gas Co., Ltd. 12,900   235,723
Otsuka Holdings Co., Ltd. 8,200   350,654
Panasonic Corporation 102,900   1,275,487
PeptiDream, Inc.* 1,800   58,760
165

INTERNATIONAL EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
Rakus Co., Ltd. 16,300   $577,517
Recruit Holdings Co., Ltd. 13,200   806,861
Renesas Electronics Corporation* 64,200   790,133
Resona Holdings, Inc.‡‡ 233,400   933,604
Ricoh Co., Ltd. 31,400   321,293
Rohm Co., Ltd. 7,400   697,840
Rohto Pharmaceutical Co., Ltd. 8,400   257,627
Sankyu, Inc. 22,700   1,044,002
Santen Pharmaceutical Co., Ltd. 17,500   246,122
SCREEN Holdings Co., Ltd. 14,300   1,224,917
SCSK Corporation 13,500   285,536
Secom Co., Ltd. 2,900   209,751
Seino Holdings Co., Ltd. 24,200   293,174
Sekisui Chemical Co., Ltd. 14,700   252,578
Sekisui House, Ltd. 21,700   454,419
Seria Co., Ltd. 3,800   132,820
Seven & i Holdings Co., Ltd. 26,100   1,188,188
Shimamura Co., Ltd. 17,200   1,607,693
Shimano, Inc. 1,200   350,625
Shimizu Corporation 109,200   817,400
Shin-Etsu Chemical Co., Ltd. 3,600   607,568
Shinsei Bank, Ltd. 11,400   191,142
Shiseido Co., Ltd. 5,600   376,373
SMC Corporation 15,000   9,358,657
SoftBank Corporation 32,100   435,430
SoftBank Group Corporation 13,200   762,766
Sojitz Corporation‡‡ 116,860   1,908,601
Sony Group Corporation 35,100   3,896,758
Stanley Electric Co., Ltd. 7,600   191,962
Subaru Corporation 47,900   885,179
Sumitomo Corporation 4,300   60,574
Sumitomo Electric Industries, Ltd. 20,100   267,283
Sumitomo Forestry Co., Ltd. 23,800   452,045
Sumitomo Metal Mining Co., Ltd. 3,500   126,562
Sumitomo Mitsui Financial Group, Inc. 22,900   805,608
Sumitomo Mitsui Trust Holdings, Inc. 195,500   6,733,027
Sumitomo Realty & Development Co., Ltd.‡‡ 6,000   219,307
Sumitomo Rubber Industries, Ltd. 68,400   867,834
Sundrug Co., Ltd. 3,800   115,915
Suzuken Co., Ltd. 11,800   345,203
Suzuki Motor CorporationΔ 6,900   308,285
Sysmex Corporation 2,900   360,205
T&D Holdings, Inc. 19,700   270,243
Taiheiyo Cement Corporation 51,500   1,064,023
Taisei Corporation 19,700   631,223
Takeda Pharmaceutical Co., Ltd. 21,400   705,831
TDK Corporation 11,600   418,328
Teijin, Ltd. 9,800   139,295
Terumo Corporation 177,400   8,376,540
Tohoku Electric Power Co., Inc.Δ 27,100   199,217
Tokio Marine Holdings, Inc. 183,400   9,831,158
Tokyo Electric Power Co. Holdings, Inc.* 195,500   556,645
Tokyo Electron, Ltd.‡‡ 3,400   1,502,048
Tokyu Corporation 18,500   274,604
    Shares   Value
Toshiba Corporation 5,600   $235,710
Tosoh Corporation 28,900   523,718
Toyo Suisan Kaisha, Ltd. 10,000   442,798
Toyoda Gosei Co., Ltd. 17,600   352,021
Toyota Boshoku Corporation 48,700   861,504
Toyota Motor Corporation 251,000   4,472,164
Toyota Tsusho Corporation 7,100   298,153
Trend Micro, Inc. 4,900   272,872
Unicharm Corporation 7,600   336,771
USS Co., Ltd. 12,900   219,588
Yamada Holdings Co., Ltd. 270,400   1,135,566
Yamato Holdings Co., Ltd. 11,400   288,538
Yokohama Rubber Co., Ltd. (The) 22,100   396,622
Z Holdings Corporation 29,600   189,442
        211,005,283
Jersey — 2.0%    
Experian PLC 440,072   18,434,677
Glencore PLC* 1,214,865   5,714,854
WPP PLC 164,798   2,207,893
        26,357,424
Mexico — 0.2%    
Grupo Financiero Banorte SAB de CV Series O 128,753   825,169
Grupo Televisa SAB SA ADR 208,200   2,286,036
        3,111,205
Netherlands — 5.4%    
Adyen NV 144A* 2,015   5,632,658
Akzo Nobel NV 55,359   6,048,784
ASM International NV 2,036   797,335
ASML Holding NV‡‡ 7,417   5,540,933
ASML Holding NV (NASDAQ Exchange)Δ 10,770   8,024,835
ASR Nederland NV‡‡ 6,763   309,376
CNH Industrial NV 354,633   5,961,048
Euronext NV 144A 88,209   9,982,683
EXOR NV 46,323   3,887,300
Ferrari NV 26,180   5,463,766
ING Groep NV‡‡ 48,701   708,040
Koninklijke Ahold Delhaize NV‡‡ 115,230   3,836,945
Koninklijke Philips NV 179,752   7,985,828
NN Group NV 3,978   208,377
Prosus NV* 40,822   3,267,436
QIAGEN NV* 7,121   369,455
Signify NV 144A‡‡ 21,905   1,096,491
Stellantis NV 78,129   1,486,884
        70,608,174
Nigeria — 0.0%    
Afriland Properties PLCΨ†††* 364,373     —
Norway — 0.2%    
DNB Bank ASA 15,435   350,910
Leroy Seafood Group ASA 38,539   318,561
Orkla ASA 59,890   549,682
Telenor ASA 20,517   345,342
 
166

    Shares   Value
Yara International ASA 33,491   $1,659,019
        3,223,514
Papua New Guinea — 0.0%    
Oil Search, Ltd. 24,090   74,967
Peru — 0.1%    
Credicorp, Ltd. 13,947   1,547,280
Portugal — 0.4%    
Galp Energia SGPS SA 448,879   5,098,365
Singapore — 0.6%    
Ascendas REIT‡‡ 158,700   349,802
CapitaLand Integrated Commercial Trust REIT‡‡ 233,640   347,904
Mapletree Commercial Trust REIT 136,500   206,862
Singapore Exchange, Ltd.‡‡ 888,592   6,505,267
        7,409,835
South Africa — 0.1%    
Naspers, Ltd. N Shares 8,241   1,362,071
South Korea — 0.9%    
KB Financial Group, Inc. 156,095   7,259,593
NAVER Corporation 5,685   1,844,595
Samsung Electronics Co., Ltd. GDR Class S 1,427   2,213,734
        11,317,922
Spain — 1.5%    
Aena SME SA 144A* 26,575   4,595,925
Amadeus IT Group SA* 220,028   14,471,646
        19,067,571
Sweden — 2.4%    
Assa Abloy AB, B Shares 116,113   3,368,044
Atlas Copco AB, A Shares 86,730   5,237,248
Atlas Copco AB, B Shares 6,930   352,228
Electrolux AB, Series B* 76,864   1,775,845
Getinge AB, B Shares‡‡ 47,053   1,875,907
H & M Hennes & Mauritz AB, B Shares* 152,533   3,087,515
Husqvarna AB, B Shares 75,682   904,101
Investor AB, B Shares 22,531   484,515
Saab AB, B Shares 43,654   1,235,827
Skanska AB, B Shares 3,816   95,734
SKF AB, B Shares 98,097   2,313,247
SSAB AB, A Shares* 18,262   89,589
Svenska Handelsbanken AB, A Shares 260,263   2,914,791
Swedbank AB, A Shares 49,263   993,373
Swedish Orphan Biovitrum AB‡‡* 17,165   462,953
Tele2 AB, B Shares 19,205   284,363
Telefonaktiebolaget LM Ericsson, B Shares‡‡Δ 270,344   3,051,354
Trelleborg AB, B Shares 23,023   488,761
Volvo AB, B Shares 97,670   2,180,628
        31,196,023
Switzerland — 12.0%    
Adecco Group AG‡‡ 31,256   1,566,105
Alcon, Inc. 72,870   5,900,338
    Shares   Value
Baloise Holding AG 2,756   $418,057
BKW AG 8,890   959,766
Bucher Industries AG 279   132,472
Chubb, Ltd. 76,240   13,226,115
Cie Financiere Richemont SA Class A 11,879   1,231,640
Credit Suisse Group AGΔ 593,966   5,866,164
DKSH Holding AG 11,882   929,400
dormakaba Holding AG 204   147,998
Galenica AG 144A 6,892   486,203
Holcim, Ltd.‡‡* 100,971   4,865,289
Julius Baer Group, Ltd. 99,228   6,592,680
Kuehne + Nagel International AG 652   222,594
Logitech International SA‡‡ 8,877   789,761
Nestle SA‡‡ 278,043   33,501,420
Novartis AG‡‡ 248,413   20,369,671
OC Oerlikon Corporation AG 62,835   684,684
Roche Holding AG‡‡ 63,337   23,116,103
Sika AG 44,533   14,080,142
Swatch Group AG (The) 6,610   1,724,428
Swiss Life Holding AG 456   229,764
UBS Group AG 642,500   10,255,338
Zurich Insurance Group AG 22,761   9,307,436
        156,603,568
Taiwan — 1.7%    
Taiwan Semiconductor Manufacturing Co., Ltd. ADR 198,466   22,158,729
Turkey — 0.0%    
Yapi ve Kredi Bankasi AS 1     —
United Kingdom — 6.0%    
Antofagasta PLC 79,640   1,447,280
Atlassian Corporation PLC Class A* 12,300   4,814,466
BP PLC ADR 98,010   2,678,613
BT Group PLC* 1,910,450   4,095,645
Compass Group PLC* 486,368   9,946,796
GlaxoSmithKline PLC 506,850   9,565,866
Informa PLC* 68,900   506,688
Liberty Global PLC Class A* 359,078   10,700,525
Lloyds Banking Group PLC‡‡ 17,797,358   11,077,457
Natwest Group PLC 869,050   2,620,062
Prudential PLC 110,100   2,136,538
Reckitt Benckiser Group PLC 15,200   1,194,115
Rolls-Royce Holdings PLC* 2,969,097   5,545,432
Schroders PLC 46,218   2,225,849
Smiths Group PLC 176,812   3,409,429
Vodafone Group PLC ADRΔ 383,140   5,919,513
        77,884,274
Total Foreign Common Stocks
(Cost $964,634,766)
  1,137,461,958
FOREIGN PREFERRED STOCKS — 0.7%
Germany — 0.6%    
FUCHS PETROLUB SE        
2.56%◊ 1,913   89,567
167

INTERNATIONAL EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
Henkel AG & Co. KGaA        
2.34%◊ 65,189   $6,030,543
Porsche Automobil Holding SE        
2.63%‡‡◊ 2,638   260,873
Volkswagen AG        
2.55%◊ 5,954   1,327,162
        7,708,145
South Korea — 0.1%    
Samsung Electronics Co., Ltd.        
2.10% 03/29/18◊ 22,300   1,300,953
Total Foreign Preferred Stocks
(Cost $9,891,717)
  9,009,098
    
    Par  
FOREIGN BOND — 0.0%
Switzerland — 0.0%  
Credit Suisse Group Guernsey VII, Ltd.      
3.00%, 11/12/21(ZD) 144A CONV
(Cost $437,681)
$397,000 457,179
    
    Shares  
MONEY MARKET FUNDS — 6.4%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
70,529,845 70,529,845
    Shares   Value
Northern Institutional Liquid Assets Portfolio (Shares), 0.03%ا 12,435,520   $12,435,520
Northern Institutional U.S. Government Portfolio (Shares), 0.00%Ø 671,238   671,238
Total Money Market Funds
(Cost $83,636,603)
  83,636,603
TOTAL INVESTMENTS98.0%
(Cost $1,094,992,560)
    1,280,529,094
FOREIGN COMMON STOCKS SOLD SHORT — (0.1)%
United Kingdom — (0.1)%    
Ocado Group PLC* (47,886)   (1,070,148)
St. James's Place PLC (14,509)   (292,680)
Total Foreign Common Stocks Sold Short
(Proceeds $(972,315))
  (1,362,828)
TOTAL SECURITIES SOLD SHORT  — (0.1)%
(Proceeds $(972,315))
  (1,362,828)
Other Assets in Excess of
Liabilities — 2.1%
    27,527,692
NET ASSETS — 100.0%     $1,306,693,958
 
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
AEX Index   10/2021   31   $5,532,333   $(144,175)
CAC40 10 Euro   10/2021   221   16,685,777   (285,257)
IBEX 35 Index   10/2021   (117)   (11,948,599)   (113,483)
OMXS30 Index   10/2021   (31)   (797,893)   19,764
Hang Seng Index   10/2021   25   3,937,878   29,412
MSCI Singapore Index   10/2021   71   1,848,468   (22,778)
Topix Index®   12/2021   221   40,319,916   (744,808)
DAX Index   12/2021   (14)   (6,198,099)   50,564
FTSE 100 Index   12/2021   (292)   (27,830,035)   (245,527)
FTSE/MIB Index   12/2021   72   10,580,694   (103,585)
MSCI EAFE Index   12/2021   395   44,773,250   (1,913,242)
S&P/TSX 60 Index   12/2021   (57)   (10,765,467)   265,346
Total Futures Contracts outstanding at September 30, 2021           $66,138,223   $(3,207,769)
168

Forward Foreign Currency Contracts outstanding at September 30, 2021:
Expiration Date   Currency
Purchased
  Amount
of Currency
Purchased
  Currency
Sold
  Amount
of Currency
Sold
  Counter-
party
  Net Unrealized
Appreciation
(Depreciation)
12/15/21   U.S. Dollars   48,593,760   Swiss Francs   44,582,000   CITI   $658,417
12/15/21   U.S. Dollars   18,338,695   British Pounds   13,361,000   CITI   333,258
12/15/21   Australian Dollars   39,877,000   U.S. Dollars   28,606,267   CITI   234,030
12/15/21   U.S. Dollars   17,066,655   Japanese Yen   1,873,588,000   CITI   219,589
12/15/21   Norwegian Kroner   137,398,000   U.S. Dollars   15,497,100   CITI   210,065
12/15/21   U.S. Dollars   14,980,445   Australian Dollars   20,558,000   CITI   112,255
12/15/21   U.S. Dollars   9,970,935   New Zealand Dollars   14,321,500   CITI   90,207
12/15/21   U.S. Dollars   2,163,190   Swiss Francs   1,934,000   NT   83,719
12/15/21   Swedish Kronor   71,803,500   U.S. Dollars   8,129,887   CITI   78,753
12/15/21   U.S. Dollars   3,935,343   Euro   3,337,000   CITI   63,402
12/15/21   U.S. Dollars   20,151,686   Canadian Dollars   25,444,000   CITI   63,144
12/15/21   U.S. Dollars   10,684,697   Swedish Kronor   92,928,000   CITI   61,085
12/15/21   U.S. Dollars   8,624,071   Norwegian Kroner   74,968,000   CITI   53,824
12/15/21   Canadian Dollars   2,079,500   U.S. Dollars   1,612,752   CITI   29,055
12/15/21   U.S. Dollars   1,372,526   Danish Kroner   8,634,000   CITI   25,523
12/15/21   Hong Kong Dollars   32,772,493   U.S. Dollars   4,207,578   CITI   3,135
12/15/21   Israeli Shekels   1,852,750   U.S. Dollars   572,965   CITI   2,154
12/15/21   Japanese Yen   58,275,000   U.S. Dollars   522,576   CITI   1,425
12/15/21   Singapore Dollars   268,625   U.S. Dollars   196,880   CITI   924
12/15/21   U.S. Dollars   151,728   Singapore Dollars   205,000   CITI   774
12/15/21   U.S. Dollars   119,371   Israeli Shekels   383,000   CITI   483
12/15/21   U.S. Dollars   611,852   Hong Kong Dollars   4,760,000   CITI   273
Subtotal Appreciation                   $2,325,494
12/15/21   Swiss Francs   2,000   U.S. Dollars   2,192   CITI   $(42)
12/15/21   U.S. Dollars   32,159   Israeli Shekels   104,000   CITI   (124)
12/15/21   U.S. Dollars   48,394   Singapore Dollars   66,000   CITI   (206)
12/15/21   U.S. Dollars   681,386   Hong Kong Dollars   5,305,000   CITI   (218)
12/15/21   Hong Kong Dollars   32,146,494   U.S. Dollars   4,130,914   CITI   (632)
12/15/21   Israeli Shekels   3,294,250   U.S. Dollars   1,023,726   CITI   (1,147)
12/15/21   U.S. Dollars   2,588,448   Canadian Dollars   3,282,000   CITI   (2,756)
12/15/21   U.S. Dollars   956,241   Swedish Kronor   8,402,000   CITI   (4,283)
12/15/21   U.S. Dollars   11,330,671   Swiss Francs   10,548,000   CITI   (10,722)
12/15/21   Singapore Dollars   2,379,375   U.S. Dollars   1,765,113   CITI   (13,039)
12/15/21   Canadian Dollars   6,238,500   U.S. Dollars   4,945,085   CITI   (19,665)
12/15/21   Danish Kroner   10,652,000   U.S. Dollars   1,685,119   CITI   (23,285)
12/15/21   U.S. Dollars   7,148,486   Australian Dollars   9,951,000   CITI   (48,389)
12/15/21   U.S. Dollars   9,790,126   New Zealand Dollars   14,321,500   CITI   (90,601)
12/15/21   New Zealand Dollars   19,630,000   U.S. Dollars   13,703,797   CITI   (160,615)
12/15/21   Swedish Kronor   205,524,500   U.S. Dollars   23,693,307   CITI   (197,563)
12/15/21   British Pounds   14,414,000   U.S. Dollars   19,716,707   CITI   (292,235)
12/15/21   Japanese Yen   3,634,137,000   U.S. Dollars   33,024,539   CITI   (346,841)
12/15/21   Norwegian Kroner   345,430,000   U.S. Dollars   39,894,425   CITI   (405,304)
12/15/21   Australian Dollars   41,407,000   U.S. Dollars   30,398,365   CITI   (451,524)
12/15/21   U.S. Dollars   25,075,868   Norwegian Kroner   224,904,000   CITI   (634,873)
12/15/21   Euro   46,585,000   U.S. Dollars   54,816,008   CITI   (763,150)
Subtotal Depreciation                   $(3,467,214)
Total Forward Foreign Currency Contracts outstanding at September 30, 2021       $(1,141,720)
169

INTERNATIONAL EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
Swap Agreements outstanding at September 30, 2021:
Pay Rate Index/Pay Rate   Receive
Rate/Receive
Rate Index
  Maturity
Date
  Counterparty   Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
Total Return Swaps                                
Decrease in total return of Hang Seng Index (At Termination)   Increase in total return of Hang Seng Index (At Termination)   10/28/2021   GSC   HKD   52,726,600   $39,300   $  $39,300
MSCI Australia Net Return AUD Index (Monthly)   Financing Index: 1-Month ASX BBSW + 0.05%   12/15/2021   GSC   AUD   905,719   6,381     6,381
MSCI Spain Net Return EUR Index (Monthly)   Financing Index: Euro Short Term Rate - 0.33%   12/15/2021   GSC   EUR   8,401,104   101,442     101,442
Subtotal Appreciation                       $147,123   $  —   $147,123
Decrease in total return of Tel Aviv 35 Index (At Termination)   Increase in total return of Tel Aviv 35 Index (At Termination)   10/29/2021   GSC   ILS   4,685,876   $(6,726)   $  $(6,726)
Financing Index: 1-Month HIBOR - 0.05%   MSCI Hong Kong Net Return HKD Index (Monthly)   12/15/2021   GSC   HKD   1,943,443   (17,488)     (17,488)
Financing Index: Bank of Japan Unsecured Overnight Call Rate - 0.45%   MSCI Japan Net Return JPY Index (Monthly)   12/15/2021   GSC   JPY   56,125,353   (9,017)     (9,017)
Financing Index: Euro Short Term Rate - 0.61%   MSCI Italy Net Return EUR Index (Monthly)   12/15/2021   GSC   EUR   2,695,311   (22,409)     (22,409)
Financing Index: Euro Short Term Rate + 0.02%   MSCI Netherlands Net Return EUR Index (Monthly)   12/15/2021   GSC   EUR   95,753   (8,112)     (8,112)
Financing Index: Overnight Bank Funding Rate - 0.3%   MSCI Daily TR Net Israel Index (Monthly)   12/15/2021   JPM   USD   48,374   (1,404)     (1,404)
Decrease in total return of Swiss Market Index (At Termination)   Increase in total return of Swiss Market Index (At Termination)   12/17/2021   CITI   CHF   7,192,620   (295,431)     (295,431)
Subtotal Depreciation                       $(360,587)   $  —   $(360,587)
Net Total Return Swaps outstanding at September 30, 2021   $(213,464)   $  —   $(213,464)
Total Return Basket Swap Agreements outstanding at September 30, 2021:
Description   Maturity
Date
  Counterparty   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
The Fund receives the total return on a portfolio of short equity positions and receives the RBA minus a specified spread(-0.40%), which is denominated in AUD based on the local currencies of the positions within the swap (Monthly).   47-60 months maturity ranging from 08/08/2025 - 09/04/2026  
GSC
  $12,027,515   $85,773   $—   $85,773
The Fund receives the total return on a portfolio of short equity positions and receives the DETNT/N minus a specified spread (-0.35%), which is denominated in DKK based on the local currencies of the positions within the swap.   47 months maturity 08/08/2025  
GSC
  5,231,263   78,804     78,804
The Fund receives the total return on a portfolio of short equity positions and receives the NOWA minus a specified spread(-0.35%), which is denominated in NOK based on the local currencies of the positions within the swap (Monthly).   47-56 months maturity ranging from 08/08/2025 - 05/11/2026  
GSC
  7,506,540   80,088     80,088
170

Description   Maturity
Date
  Counterparty   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
The Fund receives the total return on a portfolio of short equity positions and receives the STIBOR minus a specified spread(-0.35%), which is denominated in SEK based on the local currencies of the positions within the swap (Monthly).   47-56 months maturity ranging from 08/08/2025 - 05/25/2026  
GSC
  $25,126,930   $305,506   $  $305,506
Subtotal Appreciation               $550,171   $  —   $550,171
    
Description   Maturity
Date
  Counterparty   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
The Fund receives the total return on a portfolio of short equity positions and receives the LIBOR minus a specified spread(-0.35%), which is denominated in CHF based on the local currencies of the positions within the swap (Monthly).   47-57 months maturity ranging from 08/08/2025 - 06/12/2026  
GSC
  $4,332,075   $(380,264)   $  $(380,264)
The Fund receives the total return on a portfolio of long and short equity positions and pays or receives the EONIA or EURIBOR plus or minus a specified spread(-.35% to 0.25%), which is denominated in EUR based on the local currencies of the positions within the swap (Monthly).*   47-60 months maturity ranging from 08/08/2025 - 09/04/2026  
GSC
  48,537,180   (443,981)     (443,981)
The Fund receives the total return on a portfolio of long and short equity positions and pays or receives the LIBOR or SONIA plus or minus a specified spread(-0.25% to 0.25%), which is denominated in GBP based on the local currencies of the positions within the swap (Monthly).**   47-60 months maturity ranging from 08/08/2025 - 09/18/2026  
GSC
  37,084,530   (812,283)     (812,283)
The Fund receives the total return on a portfolio of long equity positions and pays HIBOR plus a specified spread(0.20%), which is denominated in HKD based on the local currencies of the positions within the swap (Monthly).   47-60 months maturity ranging from 08/08/2025 - 09/18/2026  
GSC
  63,033,751   (506,171)     (506,171)
The Fund receives the total return on a portfolio of short equity positions and receives the MUTSCALM minus a specified spread(-0.33%), which is denominated in JPY based on the local currencies of the positions within the swap (Monthly).***   47-59 months maturity ranging from 08/08/2025 - 08/10/2026  
GSC
  1,645,492,408   (339,891)     (339,891)
The Fund receives the total return on a portfolio of short equity positions and receives the STIBOR minus a specified spread(-0.40%), which is denominated in SGD based on the local currencies of the positions within the swap (Monthly).   58 months maturity 07/27/2026  
GSC
  146,507   (2,215)     (2,215)
Subtotal Depreciation               $(2,484,805)   $  —   $(2,484,805)
Net Total Return Basket Swaps               $(1,934,634)   $  —   $(1,934,634)
                         
171

INTERNATIONAL EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
*The following table represents disclosures associated with the underlying components of the total return basket swap as of period end.
    
Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
Accor SA   (13,148)   $404,732   $(30,512)   6.87%
Acerinox SA   34,402   380,657   (12,738)   2.87
ACS Actividades de Construccion y Servicios SA   (19,385)   453,329   (10,869)   2.45
Aeroports de Paris   (11,172)   1,228,365   (152,257)   34.29
Alstom SA   (20,719)   678,490   (2,863)   0.65
Amadeus IT Group SA   (29,092)   1,651,862   (119,979)   27.02
Amundi SA   1,133   82,266   (9,816)   2.21
Argenx SE   (4,526)   1,180,714   115,417   (26.00)
Arkema SA   702   79,916   (933)   0.21
Atos SE   29,138   1,336,267   116,985   (26.35)
Banco Santander SA   94,697   296,134   7,198   (1.62)
Bankinter SA   65,875   332,753   17,547   (3.95)
BioMerieux   3,415   335,462   (48,268)   10.87
BNP Paribas SA   13,946   770,298   46,051   (10.37)
Bollore SA   47,788   238,241   (6,305)   1.42
Bouygues SA   19,899   710,640   (13,424)   3.02
CaixaBank SA   220,473   590,230   16,602   (3.74)
Carl Zeiss Meditec AG   (511)   84,502   18,356   (4.13)
Carrefour SA   114,683   1,774,321   277   (0.06)
Casino Guichard Perrachon SA   13,154   305,197   (10,255)   2.31
Cie de St-Gobain   28,583   1,660,596   (107,017)   24.10
Cie Generale des Etablissements Michelin SCA   8,246   1,091,592   (42,522)   9.58
CNP Assurances   20,818   283,656   (13,200)   2.97
Credit Agricole SA   18,152   215,399   (5,001)   1.13
CTS Eventim AG & Co. KGaA   (6,162)   400,249   (62,350)   14.04
Delivery Hero SE   (6,903)   760,145   111,208   (25.05)
EDP - Energias de Portugal SA   19,980   90,609   (3,456)   0.78
Eiffage SA   1,072   93,533   (2,727)   0.61
Electricite de France SA   55,449   601,529   2,666   (0.60)
Enagas SA   30,225   579,898   9,411   (2.12)
Endesa SA   39,611   689,650   (133,359)   30.04
EssilorLuxottica SA   1,294   213,471   (8,072)   1.82
Eurofins Scientific SE   5,574   617,822   (85,628)   19.29
Eutelsat Communications SA   116,886   1,387,586   268,177   (60.40)
Evotec SE   (7,052)   288,673   16,331   (3.68)
Ferrovial SA   (15,270)   384,781   (5,455)   1.23
Fluidra SA   35,794   1,224,994   (123,190)   27.75
Fraport AG Frankfurt Airport ServicesWorldwide   (10,180)   608,461   (71,343)   16.07
Galapagos NV   (3,682)   166,772   22,717   (5.12)
Gecina SA REIT   674   78,282   (8,265)   1.86
HUGO BOSS AG   (4,846)   250,595   (6,121)   1.38
Iberdrola SA   33,169   288,078   (61,027)   13.75
Infrastrutture Wireless Italiane SpA   (12,295)   118,222   5,421   (1.22)
Ipsen SA   6,595   542,528   6,535   (1.47)
Just Eat Takeaway.com NV   (2,503)   157,879   49,818   (11.22)
Kering SA   99   60,703   (9,487)   2.14
Mapfre SA   366,008   688,648   25,744   (5.80)
Mediobanca Banca di Credito Finanziario SpA   (7,919)   82,249   (5,102)   1.15
MTU Aero Engines AG   (3,182)   617,588   (16,249)   3.66
Nexi SpA   (29,329)   472,152   61,303   (13.81)
OCI NV   (8,973)   228,855   (49,194)   11.08
Orange SA   222,341   2,075,873   (22,753)   5.13
Prosus NV   (6,607)   456,538   8,820   (1.99)
Publicis Groupe SA   29,056   1,685,085   58,650   (13.21)
172

Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
Rational AG   (808)   $655,255   $113,339   (25.53)%
Red Electrica Corporation SA   25,063   434,084   6,741   (1.52)
Repsol SA   46,471   523,686   102,785   (23.15)
Rexel SA   83,951   1,396,451   (103,415)   23.29
Rubis   20,790   621,413   (52,387)   11.80
Saipem SpA   (285,791)   605,437   (37,840)   8.52
Sanofi   10,559   877,500   (2,375)   0.54
SEB SA   17,627   2,140,855   (283,813)   63.92
SES SA   43,764   336,865   20,500   (4.62)
Societe BIC SA   19,037   968,983   (101,262)   22.81
Societe Generale SA   12,207   330,004   8,737   (1.97)
Sodexo SA   8,931   673,830   47,575   (10.72)
STMicroelectronics NV   49,531   1,866,974   7,353   (1.66)
Telefonica SA   334,066   1,353,330   (44,291)   9.98
Tenaris SA   (35,200)   319,654   (30,433)   6.85
Thales SA   2,422   202,725   (1,087)   0.25
thyssenkrupp AG   (78,108)   709,293   3,772   (0.85)
Ubisoft Entertainment SA   1,631   84,316   (7,058)   1.59
Unibail-Rodamco-Westfield REIT   (33,054)   2,100,225   195,517   (44.04)
Valeo   3,608   86,927   7,966   (1.79)
Veolia Environnement SA   6,532   172,306   (19,802)   4.46
        $48,537,180   $(443,981)   100.00%
    
**The following table represents disclosures associated with the underlying components of the total return basket swap as of period end.
    
Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
3i Group PLC   15,222   $194,051   $(6,845)   0.84%
Abcam PLC   (5,486)   82,180   1,468   (0.18)
Anglo American PLC   49,526   1,288,274   (203,520)   25.05
Antofagasta PLC   6,039   81,450   (4,147)   0.51
Ashtead Group PLC   11,350   636,771   (15,520)   1.91
ASOS PLC   12,668   380,293   (25,849)   3.18
Avast PLC   13,904   78,947   (3,147)   0.39
Aviva PLC   235,201   925,142   (8,624)   1.06
BAE Systems PLC   76,952   432,566   6,269   (0.77)
Barclays PLC   507,200   956,498   60,267   (7.42)
Barratt Developments PLC   133,239   874,131   (21,179)   2.61
Bellway PLC   2,303   75,388   (5,089)   0.63
BHP Group PLC   112,721   2,107,712   (81,973)   10.09
BP PLC   527,698   1,783,871   326,294   (40.17)
BT Group PLC   (441,897)   703,090   12,371   (1.52)
Bunzl PLC   9,413   230,501   (15,170)   1.87
Burberry Group PLC   5,147   92,965   (7,530)   0.93
Carnival PLC   (6,671)   112,028   (13,562)   1.67
DCC PLC   8,353   516,814   5,213   (0.64)
Direct Line Insurance Group PLC   24,906   72,128   (5,014)   0.62
Dunelm Group PLC   21,187   301,279   6,643   (0.82)
easyJet PLC   (107,413)   703,824   (84,640)   10.42
Evraz PLC   327,385   1,927,766   9,255   (1.14)
GlaxoSmithKline PLC   33,600   470,639   (379)   0.05
Glencore PLC   17,914   62,542   4,086   (0.50)
Hiscox, Ltd.   (18,114)   151,543   20,615   (2.54)
HSBC Holdings PLC   118,278   458,986   21,684   (2.67)
173

INTERNATIONAL EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
IMI PLC   14,439   $239,687   $(25,360)   3.12%
Inchcape PLC   126,466   1,025,639   (69,214)   8.52
Informa PLC   (43,389)   236,812   (8,792)   1.08
Intermediate Capital Group PLC   5,844   118,765   (17,013)   2.09
Intertek Group PLC   2,548   126,449   (11,805)   1.45
Investec PLC   42,542   134,736   18,442   (2.27)
J Sainsbury PLC   (149,612)   425,583   25,026   (3.08)
JD Sports Fashion PLC   17,273   180,159   2,179   (0.27)
Kingfisher PLC   440,519   1,475,767   (93,440)   11.50
Lloyds Banking Group PLC   211,204   97,564   10,482   (1.29)
London Stock Exchange Group PLC   3,641   270,787   (30,955)   3.81
M&G PLC   372,321   754,979   54,004   (6.65)
Man Group PLC   709,250   1,448,998   (78,645)   9.68
Marks & Spencer Group PLC   64,197   116,951   (2,077)   0.26
Mondi PLC   10,775   195,972   (24,600)   3.03
Moneysupermarket.com Group PLC   99,054   210,985   (40,886)   5.03
Ocado Group PLC   (59,922)   993,860   176,288   (21.70)
Persimmon PLC   15,685   416,338   (18,178)   2.24
Prudential PLC   (4,292)   61,814   2,333   (0.29)
Quilter PLC   (49,094)   69,871   3,149   (0.39)
Rio Tinto PLC   60,715   2,953,835   (2,183)   0.27
Rolls-Royce Holdings PLC   (1,726,556)   2,393,290   (642,498)   79.10
Royal Dutch Shell PLC, A Shares   67,897   1,120,657   224,734   (27.67)
Royal Dutch Shell PLC, B Shares   46,826   770,006   153,178   (18.86)
Royal Mail PLC   317,302   1,331,781   (239,614)   29.50
Sage Group PLC (The)   87,998   621,855   (40,354)   4.97
Severn Trent PLC   (3,372)   87,614   9,608   (1.18)
Smith & Nephew PLC   9,410   120,316   (9,050)   1.11
Spirax-Sarco Engineering PLC   998   149,030   (19,557)   2.41
St. James’s Place PLC   (2,963)   44,360   5,178   (0.64)
Standard Life Aberdeen PLC   170,567   432,932   8,235   (1.01)
Tate & Lyle PLC   150,500   1,041,159   (35,890)   4.42
Taylor Wimpey PLC   28,273   43,765   (5,930)   0.73
Unilever PLC   4,294   172,532   3,005   (0.37)
Vodafone Group PLC   102,833   116,135   (8,260)   1.02
Weir Group PLC (The)   2,907   48,702   (1,328)   0.16
WH Smith PLC   (14,256)   242,967   (39,369)   4.85
Wm Morrison Supermarkets PLC   (370,289)   1,090,501   (15,103)   1.86
        $37,084,532   $(812,283)   100.00%
    
***The following table represents disclosures associated with the underlying components of the total return basket swap as of period end.
    
Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
Aeon Co., Ltd.   (23,800)   $69,637,457   $27,930   (8.22)%
ANA Holdings, Inc.   (39,800)   115,156,778   (89,874)   26.44
Central Japan Railway Co.   (2,400)   42,636,830   (39,955)   11.75
Denso Corporation   (1,000)   7,267,269   5,333   (1.57)
East Japan Railway Co.   (22,800)   179,335,030   (169,557)   49.88
Harmonic Drive Systems, Inc.   (2,600)   13,877,319   29,004   (8.53)
Isetan Mitsukoshi Holdings, Ltd.   (16,300)   13,634,338   (7,409)   2.18
Japan Airlines Co., Ltd.   (26,200)   69,418,704   (51,312)   15.10
Japan Airport Terminal Co., Ltd.   (12,400)   67,725,593   (40,396)   11.88
Kawasaki Heavy Industries, Ltd.   (6,700)   17,154,482   (7,570)   2.23
174

Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
Keikyu Corporation   (35,800)   $49,641,175   $(22,140)   6.51%
Keio Corporation   (7,600)   45,241,301   (2,306)   0.68
Keisei Electric Railway Co., Ltd.   (6,600)   24,332,023   (13,179)   3.88
Kikkoman Corporation   (2,200)   19,924,021   1,981   (0.58)
Kintetsu Group Holdings Co., Ltd.   (6,800)   25,450,819   (5,399)   1.59
Lasertec Corporation   (2,000)   50,674,296   46,898   (13.80)
Mercari, Inc.   (20,500)   126,073,760   (37,008)   10.89
Mitsubishi Motors Corporation   (200,400)   60,838,310   (31,747)   9.34
Nippon Paint Holdings Co., Ltd.   (48,600)   58,904,245   68,015   (20.01)
Odakyu Electric Railway Co., Ltd.   (42,900)   110,507,409   (6,302)   1.85
Park24 Co., Ltd.   (34,600)   65,528,111   63,429   (18.66)
Rakuten, Inc.   (106,000)   114,914,392   37,828   (11.13)
Seibu Holdings, Inc.   (21,300)   29,923,230   (7,478)   2.20
Shiseido Co., Ltd.   (2,000)   14,960,157   7,559   (2.22)
Showa Denko KK   (39,000)   105,617,838   413   (0.12)
Sumitomo Metal Mining Co., Ltd.   (1,700)   6,841,638   3,190   (0.94)
West Japan Railway Co.   (21,700)   121,400,071   (99,336)   29.23
Z Holdings Corporation   (26,500)   18,875,812   (503)   0.15
        $1,645,492,408   $(339,891)   100.00%
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
175

EMERGING MARKETS EQUITY FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
COMMON STOCKS — 5.1%
Communication Services — 0.8%    
Bilibili, Inc. ADRΔ* 25,093   $1,660,404
Kanzhun, Ltd. ADRΔ* 35,031   1,260,766
Sea, Ltd. ADR* 7,905   2,519,561
Tencent Music Entertainment Group ADR* 74,354   539,066
VTEX Class AΔ* 27,380   563,206
        6,543,003
Consumer Discretionary — 2.8%    
Arco Platform, Ltd. Class AΔ* 43,040   933,968
Coupang, Inc.* 35,224   980,988
Huazhu Group, Ltd. ADRΔ* 3,029   138,910
Li Auto, Inc. ADRΔ* 13,378   351,708
MercadoLibre, Inc.* 4,372   7,342,337
NIO, Inc. ADR* 36,022   1,283,464
Ozon Holdings PLC ADRΔ* 31,816   1,605,117
Pinduoduo, Inc. ADR* 10,227   927,282
Trip.com Group, Ltd. ADR* 110,163   3,387,512
XPeng, Inc. ADR* 11,092   394,210
Yum China Holdings, Inc. 79,594   4,625,207
        21,970,703
Financials — 0.4%    
Patria Investments, Ltd. Class A 86,672   1,415,354
XP, Inc. Class A* 32,197   1,293,353
        2,708,707
Health Care — 0.3%    
BeiGene, Ltd. ADR* 1,264   458,832
Zai Lab, Ltd. ADR* 16,725   1,762,648
        2,221,480
Industrials — 0.3%    
Full Truck Alliance Co., Ltd. ADRΔ* 36,154   554,241
ZTO Express Cayman, Inc. ADR 58,412   1,790,912
        2,345,153
Information Technology — 0.5%    
Dlocal, Ltd.* 8,199   447,337
EPAM Systems, Inc.* 822   468,935
GDS Holdings, Ltd. ADRΔ* 2,167   122,674
Globant SA* 4,927   1,384,536
Pagseguro Digital, Ltd. Class AΔ* 9,899   511,976
StoneCo, Ltd. Class A* 24,380   846,474
Zepp Health Corporation ADRΔ* 31,373   251,925
        4,033,857
Materials — 0.0%    
Southern Copper Corporation 2,441   137,038
Real Estate — 0.0%    
KE Holdings, Inc. ADR* 14,003   255,695
Total Common Stocks
(Cost $36,254,693)
  40,215,636
FOREIGN COMMON STOCKS — 84.8%
Brazil — 3.3%    
Aeris Industria E Comercio De Equipamentos Para Geracao De Energia SA* 314,441   447,490
    Shares   Value
B3 SA - Brasil Bolsa Balcao 1,727,000   $4,052,896
Banco BTG Pactual SA* 259,400   1,190,837
Banco do Brasil SA 482,200   2,567,837
Blau Farmaceutica SA* 44,378   370,703
Boa Vista Servicos SA 167,493   391,532
Caixa Seguridade Participacoes S/A* 813,421   1,229,299
Cia Siderurgica Nacional SA 361,000   1,907,833
Clear Sale SA* 74,459   313,245
JBS SA 85,200   578,560
Localiza Rent a Car SA 97,600   981,780
Locaweb Servicos de Internet SA 144A* 236,400   994,089
Magazine Luiza SA* 563,700   1,486,431
Notre Dame Intermedica Participacoes SA 14,300   195,314
Petrobras Distribuidora SA 214,023   918,856
Qualicorp Consultoria e Corretora de Seguros SA 109,095   398,057
Raia Drogasil SA* 742,600   3,170,445
Rede D'Or Sao Luiz SA 144A 67,471   839,895
Vale SA ADR 260,909   3,639,681
        25,674,780
Canada — 0.3%    
Parex Resources, Inc. 106,388   1,935,244
Chile — 0.4%    
Banco de Chile ADRΔ 7,668   141,781
Banco de Credito e Inversiones SA 1,916   69,948
Banco Santander Chile ADRΔ 3,609   71,350
Enel Chile SA ADRΔ 37,174   89,589
Falabella SA 820,072   2,872,477
        3,245,145
China — 15.9%    
Agricultural Bank of China, Ltd. Class A 252,800   115,093
Agricultural Bank of China, Ltd. Class H 7,864,000   2,701,525
Alibaba Group Holding, Ltd. ADR* 65,757   9,735,324
Aluminum Corporation of China, Ltd. Class H* 344,000   255,517
Amoy Diagnostics Co., Ltd. Class A 92,300   1,145,534
Anhui Conch Cement Co., Ltd. Class A 40,100   253,515
Baidu, Inc. ADR* 7,509   1,154,509
Bank of Beijing Co., Ltd. Class A 149,800   101,081
Bank of China, Ltd. Class A 203,500   96,195
Bank of China, Ltd. Class H 4,683,000   1,654,670
Bank of Communications Co., Ltd. Class A 110,200   76,771
Bank of Ningbo Co., Ltd. Class A 27,000   146,714
Bank of Shanghai Co., Ltd. Class A 85,980   97,264
Baoshan Iron & Steel Co., Ltd. Class A 107,400   143,816
BOE Technology Group Co., Ltd. Class A 620,900   483,237
BYD Co., Ltd. Class A 15,500   598,047
China Cinda Asset Management Co., Ltd. Class H 858,000   144,898
 
176

    Shares   Value
China CITIC Bank Corporation, Ltd. Class H 3,456,000   $1,557,716
China Construction Bank Corporation Class H 1,477,000   1,054,109
China Everbright Bank Co., Ltd. Class A 131,700   69,026
China Everbright Bank Co., Ltd. Class H 1,777,000   625,492
China Fortune Land Development Co., Ltd. Class A* 158,479   98,905
China Galaxy Securities Co., Ltd. Class H 119,000   69,015
China Life Insurance Co., Ltd. Class H 56,000   91,574
China Mengniu Dairy Co., Ltd.* 344,730   2,220,005
China Merchants Bank Co., Ltd. Class A 37,756   294,112
China Merchants Bank Co., Ltd. Class H 465,000   3,700,539
China Merchants Securities Co., Ltd. Class A 80,400   227,148
China Minsheng Banking Corporation, Ltd. Class A 139,200   84,302
China National Building Material Co., Ltd. Class H 298,000   400,860
China Pacific Insurance Group Co., Ltd. Class A 21,100   88,336
China Petroleum & Chemical Corporation Class A 172,300   118,364
China Petroleum & Chemical Corporation Class H 1,216,000   599,235
China Railway Group, Ltd. Class H 173,000   85,863
China Shenhua Energy Co., Ltd. Class H 228,000   531,114
China Tourism Group Duty Free Corporation, Ltd. Class A 16,712   671,035
China Vanke Co., Ltd. Class H 99,950   273,295
CITIC Securities Co., Ltd. Class A 48,700   190,134
Contemporary Amperex Technology Co., Ltd. Class A 15,499   1,258,476
COSCO SHIPPING Holdings Co., Ltd. Class H* 809,650   1,228,589
Country Garden Holdings Co., Ltd.Δ 360,632   371,850
CSC Financial Co., Ltd. Class H 144AΔ 640,500   715,781
Dongfeng Motor Group Co., Ltd. Class H 2,354,000   2,096,235
Foshan Haitian Flavouring & Food Co., Ltd. Class A 32,301   548,921
Gree Electric Appliances, Inc. of Zhuhai Class A 99,700   596,639
Guotai Junan Securities Co., Ltd. Class A 45,900   126,442
Haier Smart Home Co., Ltd. Class A 104,200   418,920
Haitian International Holdings, Ltd. 438,000   1,358,963
Haitong Securities Co., Ltd. Class A 60,600   113,758
Haitong Securities Co., Ltd. Class H 380,000   346,421
Hangzhou Robam Appliances Co., Ltd. Class A 142,032   742,547
Huatai Securities Co., Ltd. Class A 39,636   104,126
Huatai Securities Co., Ltd. Class H 144A 515,600   794,612
    Shares   Value
Huaxia Bank Co., Ltd. Class A 113,607   $97,868
Industrial & Commercial Bank of China, Ltd. Class A 169,700   122,312
Industrial Bank Co., Ltd. Class A 40,800   115,050
Inner Mongolia Yili Industrial Group Co., Ltd. Class A 124,762   728,343
JD.com, Inc. ADR* 17,172   1,240,505
Jiangsu Hengli Hydraulic Co., Ltd. Class A 110,500   1,445,807
Jiangsu Hengrui Medicine Co., Ltd. Class A 80,775   628,516
Luxshare Precision Industry Co., Ltd. Class A 222,012   1,220,693
Midea Group Co., Ltd. Class A 202,100   2,177,894
NARI Technology Co., Ltd. Class A 732,461   4,054,309
NetEase, Inc. ADR 27,826   2,376,340
New China Life Insurance Co., Ltd. Class A 21,100   130,827
New China Life Insurance Co., Ltd. Class H 111,300   327,687
PetroChina Co., Ltd. Class A 148,700   137,910
PICC Property & Casualty Co., Ltd. Class H 77,803   75,474
Ping An Bank Co., Ltd. Class A 50,900   140,835
Ping An Insurance Group Co. of China, Ltd. Class A 20,100   150,215
Ping An Insurance Group Co. of China, Ltd. Class H 963,996   6,593,133
Qingdao Haier Biomedical Co., Ltd. Class A 32,410   567,974
SAIC Motor Corporation, Ltd. Class A 81,900   241,570
Sany Heavy Industry Co., Ltd. Class A 595,500   2,338,964
SF Holding Co., Ltd. Class A 55,199   557,818
Shandong Sinocera Functional Material Co., Ltd. Class A 316,800   2,018,288
Shanghai International Airport Co., Ltd. Class A* 209,400   1,427,909
Shanghai Pudong Development Bank Co., Ltd. Class A 60,200   83,801
Shenwan Hongyuan Group Co., Ltd. Class A 160,100   136,111
Shenzhen Inovance Technology Co., Ltd. Class A 185,927   1,810,998
Shenzhen Kangtai Biological Products Co., Ltd. Class A 49,100   836,628
Shenzhen Mindray Bio-Medical Electronics Co., Ltd. Class A 30,300   1,812,688
Sinopharm Group Co., Ltd. Class H 386,800   1,013,634
Sunac China Holdings, Ltd. 119,859   255,477
Suning.com Co., Ltd. Class A* 202,175   156,461
Sunny Optical Technology Group Co., Ltd. 273,076   7,150,465
Tencent Holdings, Ltd. 488,230   29,146,725
Vipshop Holdings, Ltd. ADR* 8,678   96,673
Will Semiconductor Co., Ltd. Class A 53,358   1,995,928
WuXi AppTec Co., Ltd. Class H 144A 54,602   1,271,116
Yanzhou Coal Mining Co., Ltd. Class H 230,000   433,718
177

EMERGING MARKETS EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
Yifeng Pharmacy Chain Co., Ltd. Class A 319,226   $2,570,745
Yonghui Superstores Co., Ltd. Class A 364,632   221,003
Yunnan Aluminium Co., Ltd. Class A* 417,049   945,733
Yunnan Energy New Material Co., Ltd. Class A 40,600   1,760,251
Zhejiang Sanhua Intelligent Controls Co., Ltd. Class A 232,230   818,994
Zoomlion Heavy Industry Science and Technology Co., Ltd. Class H 780,200   695,234
ZTE Corporation Class H 144,600   474,458
        125,379,251
Egypt — 0.2%    
Commercial International Bank Egypt SAE* 625,518   1,692,222
Greece — 0.2%    
Hellenic Exchanges - Athens Stock Exchange SA 52,903   211,651
JUMBO SA 36,819   599,512
Sarantis SA 49,380   507,930
        1,319,093
Hong Kong — 9.4%    
3SBio, Inc. 144A* 671,000   657,342
AIA Group, Ltd. 816,025   9,387,884
Alibaba Group Holding, Ltd.* 402,616   7,454,009
Alibaba Health Information Technology, Ltd.* 280,000   403,211
ANTA Sports Products, Ltd. 86,000   1,623,979
Beijing Enterprises Holdings, Ltd. 54,000   215,541
Bilibili, Inc. Class Z* 16,648   1,101,413
Brilliance China Automotive Holdings, Ltd.†††* 2,064,000   1,935,501
China Everbright Environment Group, Ltd. 663,000   498,217
China Feihe, Ltd. 144A 448,000   755,117
China Medical System Holdings, Ltd. 561,000   1,022,416
China Merchants Port Holdings Co., Ltd. 250,000   427,504
China Overseas Land & Investment, Ltd. 81,000   183,312
China Resources Cement Holdings, Ltd. 1,730,398   1,663,257
China Resources Land, Ltd.Δ 1,311,987   5,521,698
China Resources Power Holdings Co., Ltd. 74,000   212,528
China Taiping Insurance Holdings Co., Ltd. 708,800   1,072,488
China Yuhua Education Corporation, Ltd. 144A 1,162,000   564,233
CITIC, Ltd. 2,243,000   2,374,751
COSCO SHIPPING Ports, Ltd. 290,000   250,466
Country Garden Services Holdings Co., Ltd. 28,000   221,254
CSPC Pharmaceutical Group, Ltd. 1,060,000   1,264,957
ENN Energy Holdings, Ltd. 193,100   3,184,892
Hong Kong Exchanges and Clearing, Ltd. 117,862   7,242,680
JD.com, Inc. Class A* 46,906   1,691,071
    Shares   Value
Jiumaojiu International Holdings, Ltd. 144A 228,000   $686,719
Kingboard Holdings, Ltd. 326,500   1,477,600
Kunlun Energy Co., Ltd. 670,000   697,625
Li Ning Co., Ltd. 23,500   270,855
Longfor Group Holdings, Ltd. 144A 71,384   326,160
Meituan Class B 144A* 284,421   9,079,131
Minth Group, Ltd. 228,000   780,003
MMG, Ltd.* 1,740,000   722,936
NetEase, Inc. 105,300   1,781,721
Samsonite International SA 144A* 315,900   678,396
Shenzhen International Holdings, Ltd. 93,500   120,535
Sino Biopharmaceutical, Ltd. 1,199,000   994,865
Sinotruk Hong Kong, Ltd. 686,000   1,016,138
Techtronic Industries Co., Ltd. 47,500   938,674
Topsports International Holdings, Ltd. 144A 517,000   587,158
Uni-President China Holdings, Ltd. 112,000   106,310
Wharf Holdings, Ltd. (The) 58,000   191,858
Wuxi Biologics Cayman, Inc. 144A* 43,221   701,057
Zhongsheng Group Holdings, Ltd. 166,000   1,330,690
ZTO Express Cayman, Inc. 18,600   571,755
        73,989,907
Hungary — 0.6%    
OTP Bank Nyrt PLC* 78,634   4,601,119
India — 11.7%    
Adani Ports & Special Economic Zone, Ltd. 67,991   673,236
Amber Enterprises India, Ltd.* 22,721   989,250
Atul, Ltd. 5,035   640,101
Avenue Supermarts, Ltd. 144A* 20,561   1,173,679
Bajaj Auto, Ltd. 2,240   115,410
Bharat Electronics, Ltd. 606,287   1,649,002
Bharat Petroleum Corporation, Ltd. 33,958   196,889
Bharti Airtel, Ltd.* 387,840   3,585,204
Cartrade Tech, Ltd.* 16,248   270,576
Coal India, Ltd. 37,857   94,075
Computer Age Management Services, Ltd. 16,695   679,434
Crompton Greaves Consumer Electricals, Ltd. 103,139   664,537
Divi's Laboratories, Ltd. 20,580   1,328,753
GAIL India, Ltd. 126,377   269,212
Godrej Properties, Ltd.* 50,917   1,578,461
HCL Technologies, Ltd. 458,304   7,860,578
Hero MotoCorp, Ltd. 74,557   2,843,186
Hindustan Petroleum Corporation, Ltd. 28,273   113,974
Housing Development Finance Corporation, Ltd. 378,190   13,977,108
ICICI Bank, Ltd. 258,334   2,427,491
ICICI Lombard General Insurance Co., Ltd. 144A 39,091   834,911
Indian Oil Corporation, Ltd. 732,041   1,228,461
Info Edge India, Ltd. 15,390   1,328,374
Infosys, Ltd. 93,032   2,085,799
Infosys, Ltd. ADR 141,202   3,141,744
 
178

    Shares   Value
Kotak Mahindra Bank, Ltd. 42,125   $1,133,686
Macrotech Developers, Ltd. 144A* 85,972   1,220,980
Mahindra & Mahindra, Ltd. 577,184   6,215,519
Marico, Ltd. 913,557   6,740,930
Motherson Sumi Systems, Ltd. 93,721   283,716
MRF, Ltd. 502   534,624
Navin Fluorine International, Ltd. 25,914   1,283,279
NTPC, Ltd. 1,570,830   2,991,787
Page Industries, Ltd. 1,307   556,698
Power Grid Corporation of India, Ltd. 191,541   488,386
REC, Ltd. 354,438   750,127
Route Mobile, Ltd. 32,886   858,840
SBI Life Insurance Co., Ltd. 144A 44,754   732,186
Sona Blw Precision Forgings, Ltd. 144A* 88,104   665,250
Tata Consultancy Services, Ltd. 170,828   8,657,266
Tata Consumer Products, Ltd. 93,130   1,017,778
Tata Steel, Ltd. 27,228   468,570
TeamLease Services, Ltd.* 12,963   782,248
Tech Mahindra, Ltd. 151,109   2,797,637
Titan Co., Ltd. 3,036   88,114
Vedanta, Ltd. 184,557   710,006
Wipro, Ltd. 240,821   2,045,632
Zomato, Ltd.* 654,079   1,203,694
        91,976,398
Indonesia — 1.9%    
PT Adaro Energy Tbk 3,160,300   386,325
PT Astra International Tbk 4,046,500   1,544,985
PT Bank BTPN Syariah Tbk 2,103,400   507,600
PT Bank Central Asia Tbk 2,977,916   7,253,363
PT Bank Mandiri Persero Tbk 4,710,800   2,013,335
PT Bank Negara Indonesia Persero Tbk 760,731   283,209
PT BFI Finance Indonesia Tbk 7,607,100   534,158
PT Kalbe Farma Tbk 1,401,600   139,668
PT Map Aktif Adiperkasa* 686,200   122,574
PT Pakuwon Jati Tbk* 8,166,900   273,942
PT Semen Indonesia Persero Tbk 487,952   277,322
PT United Tractors Tbk 981,460   1,766,061
        15,102,542
Kazakhstan — 0.1%    
Kaspi.KZ JSC GDR 144A 4,742   538,454
Kaspi.KZ JSC GDR (London Exchange) 4,799   509,654
        1,048,108
Malaysia — 0.3%    
Kossan Rubber Industries 361,400   199,411
RHB Bank Bhd 59,600   77,497
Sime Darby Bhd 965,400   523,458
Top Glove Corporation Bhd 2,357,700   1,621,922
        2,422,288
Mexico — 2.7%    
Alpek SAB de CV 1,103,300   1,246,467
America Movil SAB de CV, Series L 4,227,700   3,741,980
Arca Continental SAB de CV 152,821   930,482
    Shares   Value
Cemex SAB de CV ADR* 414,215   $2,969,922
Fomento Economico Mexicano SAB de CV ADR 76,600   6,642,752
Gentera SAB de CV* 330,350   191,570
Grupo Bimbo SAB de CV Series A 154,800   435,043
Grupo Financiero Banorte SAB de CV Series O 69,310   444,203
Grupo Mexico SAB de CV Series B 30,100   119,691
Grupo Televisa SAB SA ADR 25,585   280,923
Industrias Penoles SAB de CV* 32,100   379,092
Kimberly-Clark de Mexico SAB de CV Series A 326,301   535,891
Orbia Advance Corporation SAB de CV 360,700   925,974
Prologis Property Mexico SA de CV REIT 121,301   262,095
Promotora y Operadora de Infraestructura SAB de CV 21,300   147,211
Wal-Mart de Mexico SAB de CV 571,200   1,935,685
        21,188,981
Netherlands — 0.3%    
InPost SA* 45,462   754,371
Yandex NV Class A* 16,586   1,321,738
        2,076,109
Peru — 0.4%    
Credicorp, Ltd. 25,557   2,835,294
Philippines — 0.5%    
Ayala Land, Inc. 2,642,600   1,735,485
BDO Unibank, Inc. 34,770   75,307
International Container Terminal Services, Inc. 95,860   366,452
Jollibee Foods Corporation 141,710   569,507
Monde Nissin Corporation 144A* 2,983,200   1,099,474
PLDT, Inc. 4,180   137,667
SM Prime Holdings, Inc. 381,000   243,643
        4,227,535
Poland — 1.6%    
Allegro.eu SA 144A* 97,667   1,420,589
Bank Polska Kasa Opieki SA 95,590   2,471,008
Dino Polska SA 144A* 12,932   1,080,146
Grupa Lotos SA* 181,858   2,694,636
KGHM Polska Miedz SA 18,043   710,739
PGE Polska Grupa Energetyczna SA* 572,080   1,278,531
Polski Koncern Naftowy ORLEN SA 10,328   212,785
Polskie Gornictwo Naftowe i Gazownictwo SA 726,670   1,181,016
Powszechna Kasa Oszczednosci Bank Polski SA* 151,118   1,599,966
        12,649,416
Qatar — 0.1%    
Industries Qatar QSC 17,530   74,385
Qatar Islamic Bank SAQ 6,620   33,182
Qatar National Bank QPSC 108,220   569,188
        676,755
179

EMERGING MARKETS EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
Russia — 2.2%    
Gazprom PJSC ADR 392,960   $3,906,022
Gazprom PJSC ADR (London Exchange) 170,565   1,685,785
LUKOIL PJSC ADR 41,747   3,964,895
MMC Norilsk Nickel PJSC ADR 52,463   1,558,408
Novatek PJSC GDR 1,991   521,293
Novolipetsk Steel PJSC GDR 7,762   228,858
Polyus PJSC GDR 3,976   324,894
Rosneft Oil Co. PJSC GDR 16,843   141,066
Sberbank of Russia PJSC ADR 28,572   535,725
Sberbank of Russia PJSC ADR (London Exchange) 175,826   3,278,020
Severstal PAO GDR 21,851   456,358
Surgutneftegas PJSC ADR 19,506   97,709
Tatneft PJSC ADR 9,319   404,556
        17,103,589
Saudi Arabia — 1.0%    
Al Rajhi Bank 11,698   381,129
Alinma Bank 190,495   1,215,825
Arab National Bank 94,170   575,772
Bank Al-Jazira 50,566   247,341
Banque Saudi Fransi 67,086   745,857
Etihad Etisalat Co. 47,357   393,937
Jarir Marketing Co. 10,125   565,024
Mobile Telecommunications Co.* 329,003   1,228,049
Riyad Bank 94,023   676,839
Sahara International Petrochemical Co. 15,067   175,065
Saudi Basic Industries Corporation 25,575   864,256
Saudi National Bank (The) 69,937   1,144,888
        8,213,982
Singapore — 0.1%    
Del Monte Pacific, Ltd. 241,800   61,438
Nanofilm Technologies International, Ltd. 160,606   488,810
        550,248
Slovenia — 0.1%    
Nova Ljubljanska Banka dd GDR 27,245   460,765
South Africa — 3.3%    
Anglo American Platinum, Ltd. 5,307   459,700
AngloGold Ashanti, Ltd. ADRΔ 95,304   1,523,911
Clicks Group, Ltd. 109,416   2,017,752
Exxaro Resources, Ltd.Δ 64,113   685,589
Gold Fields, Ltd. ADRΔ 152,600   1,239,112
Harmony Gold Mining Co., Ltd. ADRΔ 606,230   1,909,625
Impala Platinum Holdings, Ltd. 50,971   574,436
JSE, Ltd. 67,440   471,446
Kumba Iron Ore, Ltd. 14,307   470,054
Mr Price Group, Ltd. 66,704   891,321
MTN Group* 132,753   1,246,902
MultiChoice Group, Ltd. 174,360   1,321,935
Naspers, Ltd. N Shares 42,143   6,965,385
Old Mutual, Ltd.Δ 1,053,298   1,159,004
Santam, Ltd. 19,109   309,627
    Shares   Value
Sasol, Ltd.* 21,862   $414,375
Shoprite Holdings, Ltd. 12,671   150,407
Sibanye Stillwater, Ltd. 575,007   1,746,406
SPAR Group, Ltd. (The) 5,331   69,535
Standard Bank Group, Ltd. 48,734   461,483
Transaction Capital, Ltd. 323,298   884,742
Woolworths Holdings, Ltd. 312,676   1,218,433
        26,191,180
South Korea — 10.7%    
BGF retail Co., Ltd. 6,171   881,561
CJ ENM Co., Ltd. 5,785   733,053
CJ Logistics Corporation* 9,249   1,189,801
Coway Co., Ltd. 17,620   1,099,781
DB Insurance Co., Ltd. 28,813   1,541,601
Doosan Bobcat, Inc.* 2,284   76,151
E-MART, Inc. 7,358   1,012,936
Fila Holdings Corporation 17,479   623,224
Hana Financial Group, Inc. 48,367   1,880,114
Hankook Tire & Technology Co., Ltd. 15,753   570,878
Hugel, Inc.* 1,280   185,119
Hyundai Glovis Co., Ltd. 13,226   1,831,791
Hyundai Heavy Industries Co., Ltd.* 1,825   155,095
Hyundai Mobis Co., Ltd. 478   100,867
Industrial Bank of Korea 197,834   1,743,075
Kakao Corporation 3,158   310,583
KakaoBank Corporation* 3,979   229,868
KB Financial Group, Inc. 10,199   474,330
Kia Corporation 51,906   3,505,552
Korea Investment Holdings Co., Ltd. 11,924   856,883
Krafton, Inc.* 1,481   627,924
LG Corporation 29,254   2,277,425
LG Electronic, Inc. 15,115   1,606,757
LG Household & Health Care, Ltd. 1,083   1,220,999
LG Uplus Corporation 13,101   164,689
Meritz Securities Co., Ltd. 34,264   142,001
Mirae Asset Securities Co., Ltd. 14,740   106,300
NAVER Corporation 5,172   1,678,143
NCSoft Corporation 7,203   3,648,706
NH Investment & Securities Co., Ltd. 52,969   570,376
NHN KCP Corporation* 9,277   404,002
Orion Corporation 8,315   819,344
POSCO 11,225   3,090,901
Samsung Electro-Mechanics Co., Ltd. 11,655   1,724,667
Samsung Electronics Co., Ltd. 403,679   25,025,918
Samsung Fire & Marine Insurance Co., Ltd. 29,072   5,744,511
Samsung Life Insurance Co., Ltd. 8,943   548,629
Samsung Securities Co., Ltd. 2,582   103,141
Shinhan Financial Group Co., Ltd. 8,926   301,517
SK Hynix, Inc. 168,155   14,395,133
Woori Financial Group, Inc. 118,453   1,156,120
        84,359,466
Taiwan — 13.2%    
Accton Technology Corporation 43,000   405,256
Advantech Co., Ltd. 122,087   1,591,043
ASE Technology Holding Co., Ltd. 93,000   359,800
 
180

    Shares   Value
ASMedia Technology, Inc. 14,000   $826,946
Catcher Technology Co., Ltd. 55,000   328,774
Cathay Financial Holding Co., Ltd. 1,432,000   2,952,475
Chailease Holding Co., Ltd. 103,578   909,632
Cheng Shin Rubber Industry Co., Ltd. 638,000   809,385
China Life Insurance Co., Ltd. 140,083   145,176
China Steel Corporation 1,066,000   1,379,431
CTBC Financial Holding Co., Ltd. 447,000   365,820
Far Eastern New Century Corporation 742,000   790,131
Formosa Plastics Corporation 131,000   529,628
Globalwafers Co., Ltd. 118,000   3,328,781
Hon Hai Precision Industry Co., Ltd. 357,000   1,332,543
Largan Precision Co., Ltd. 38,500   2,999,539
Lite-On Technology Corporation 316,000   704,280
MediaTek, Inc. 295,396   9,508,056
momo.com, Inc. 14,200   822,982
Nanya Technology Corporation 359,000   838,301
Nien Made Enterprise Co., Ltd. 36,000   509,226
Pou Chen Corporation 1,108,000   1,334,968
Powertech Technology, Inc. 469,763   1,747,789
President Chain Store Corporation 527,000   5,288,501
Realtek Semiconductor Corporation 103,000   1,814,644
Silergy Corporation 30,800   4,479,970
Taiwan Semiconductor Manufacturing Co., Ltd. 1,665,986   34,456,068
Taiwan Semiconductor Manufacturing Co., Ltd. ADR 129,097   14,413,680
Taiwan Union Technology Corporation 66,000   253,212
Tong Hsing Electronic Industries, Ltd. 76,720   612,978
United Microelectronics Corporation 1,955,000   4,431,495
Voltronic Power Technology Corporation 44,000   2,683,106
Win Semiconductors Corporation 35,000   384,852
Yang Ming Marine Transport Corporation* 80,000   336,975
        103,675,443
Thailand — 1.3%    
Airports of Thailand PCL 1,234,500   2,225,639
Central Retail Corporation PCL 1,221,000   1,208,911
Charoen Pokphand Foods PCL NVDR 1,890,000   1,434,576
Indorama Ventures PCL NVDR 923,600   1,203,019
Kasikornbank PCL 244,000   952,671
PTT Exploration & Production PCL 262,200   910,551
PTT Global Chemical PCL NVDR 838,500   1,554,080
PTT PCL NVDR 503,100   575,447
Siam Cement PCL (The) NVDR 29,500   349,172
        10,414,066
Turkey — 0.3%    
D-MARKET Elektronik Hizmetler ve Ticaret AS ADR* 85,207   584,520
Enerjisa Enerji AS 144A 571,955   670,164
KOC Holding AS 100,006   254,373
Mavi Giyim Sanayi Ve Ticaret AS Class B 144A 52,102   377,283
Turk Telekomunikasyon AS 594,193   500,450
        2,386,790
    Shares   Value
United Arab Emirates — 0.1%    
Abu Dhabi Commercial Bank PJSC 348,926   $711,503
United Kingdom — 2.6%    
Anglo American PLC 82,054   2,875,882
Antofagasta PLC 345,684   6,282,036
Fix Price Group, Ltd. GDR 93,500   840,098
Network International Holdings PLC 144A* 387,484   1,896,775
TCS Group Holding PLC GDR 22,869   2,079,514
Unilever PLC 123,529   6,687,658
        20,661,963
Total Foreign Common Stocks
(Cost $587,019,965)
  666,769,182
FOREIGN PREFERRED STOCKS — 0.6%
Brazil — 0.4%    
Banco Bradesco SA        
0.00%* 179,071   683,960
Cia Energetica de Minas Gerais        
3.90%◊ 264,501   679,982
Petroleo Brasileiro SA        
2.82%◊ 147,500   736,721
Raizen SA        
0.00%* 1,043,400   1,362,269
        3,462,932
Chile — 0.2%    
Embotelladora Andina SA Class B        
5.14%◊ 525,515   1,134,317
Total Foreign Preferred Stocks
(Cost $4,763,704)
  4,597,249
RIGHTS — 0.0%
Bharti Airtel, Ltd.*
(Cost $—)
27,702   57,212
MONEY MARKET FUNDS — 7.9%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
40,610,140   40,610,140
Northern Institutional Liquid Assets Portfolio (Shares), 0.03%ا 4,778,869   4,778,869
Northern Institutional U.S. Government Portfolio (Shares), 0.00%Ø 17,032,689   17,032,689
Total Money Market Funds
(Cost $62,421,698)
  62,421,698
TOTAL INVESTMENTS98.4%
(Cost $690,460,060)
    774,060,977
Other Assets in Excess of
Liabilities — 1.6%
    12,278,232
NET ASSETS — 100.0%     $786,339,209
181

EMERGING MARKETS EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
FTSE Taiwan Index   10/2021   59   $3,490,440   $(54,248)
MSCI Singapore Index   10/2021   (82)   (2,134,850)   28,115
SGX Nifty 50 Index   10/2021   154   5,421,416   (61,322)
FTSE KLCI   10/2021   79   1,451,116   7,364
KOSPI2 Index   12/2021   203   17,209,565   (612,722)
FTSE/JSE Top 40 Index   12/2021   (75)   (2,897,701)   6,535
Mexican Bolsa Index   12/2021   17   424,187   957
MSCI Emerging Markets   12/2021   882   54,930,960   (2,373,617)
Total Futures Contracts outstanding at September 30, 2021           $77,895,133   $(3,058,938)
Forward Foreign Currency Contracts outstanding at September 30, 2021:
Expiration Date   Currency
Purchased
  Amount
of Currency
Purchased
  Currency
Sold
  Amount
of Currency
Sold
  Counter-
party
  Net Unrealized
Appreciation
(Depreciation)
12/15/21   Russian Rubles   2,553,403,000   U.S. Dollars   34,081,767   CITI   $511,962
12/15/21   U.S. Dollars   18,259,999   Philippine Pesos   924,458,000   CITI   329,988
12/15/21   U.S. Dollars   20,221,439   South Korean Won   23,608,128,000   CITI   308,927
12/15/21   U.S. Dollars   9,058,802   Polish Zloty   34,956,000   CITI   271,980
12/15/21   U.S. Dollars   7,294,165   Brazilian Reals   38,964,000   CITI   234,523
12/15/21   U.S. Dollars   33,377,186   Singapore Dollars   45,036,250   CITI   214,340
12/15/21   U.S. Dollars   10,535,174   Mexican Pesos   215,495,000   CITI   211,716
12/15/21   U.S. Dollars   18,655,601   Czech Republic Koruna   405,500,000   CITI   164,300
12/15/21   Chinese Offshore Yuan   102,665,438   U.S. Dollars   15,752,869   CITI   71,575
12/15/21   Colombian Pesos   27,200,000,000   U.S. Dollars   7,036,775   CITI   68,977
12/15/21   U.S. Dollars   2,527,906   Thai Baht   83,360,000   CITI   65,224
12/15/21   U.S. Dollars   996,640   South African Rand   14,427,000   CITI   48,842
12/15/21   Indian Rupees   817,112,250   U.S. Dollars   10,871,577   CITI   39,814
12/15/21   U.S. Dollars   1,248,156   Hungarian Forint   380,000,000   CITI   26,675
12/15/21   South African Rand   21,966,000   U.S. Dollars   1,417,831   CITI   25,252
12/15/21   U.S. Dollars   1,915,741   Colombian Pesos   7,250,000,000   CITI   21,745
12/15/21   Singapore Dollars   6,360,000   U.S. Dollars   4,664,478   CITI   18,764
12/15/21   U.S. Dollars   803,173   Chilean Pesos   644,562,000   CITI   13,841
12/15/21   Taiwan Dollars   67,896,222   U.S. Dollars   2,441,201   CITI   10,045
12/15/21   Czech Republic Koruna   36,000,000   U.S. Dollars   1,631,623   CITI   10,021
12/15/21   U.S. Dollars   9,462,304   Israeli Shekels   30,456,500   CITI   8,196
12/15/21   Brazilian Reals   20,050,000   U.S. Dollars   3,628,833   CITI   3,901
12/15/21   Hong Kong Dollars   41,943,000   U.S. Dollars   5,385,249   CITI   3,718
12/15/21   U.S. Dollars   1,501,473   Indonesian Rupiahs   21,669,310,106   CITI   1,631
12/15/21   U.S. Dollars   2,927,517   Hong Kong Dollars   22,773,000   CITI   1,572
12/15/21   Israeli Shekels   1,217,250   U.S. Dollars   376,404   CITI   1,448
12/15/21   U.S. Dollars   193,894   Taiwan Dollars   5,341,000   CITI   1,069
12/15/21   U.S. Dollars   58,781   Euro   50,000   CITI   766
12/15/21   Saudi Riyals   5,795,580   U.S. Dollars   1,544,302   CITI   135
12/15/21   South Korean Won   9,470,000   U.S. Dollars   7,976   CITI   12
12/15/21   U.S. Dollars   26,649   Saudi Riyals   100,000   CITI   1
Subtotal Appreciation                   $2,690,960
12/15/21   Chinese Offshore Yuan   312,000   U.S. Dollars   48,092   CITI   $(2)
12/15/21   U.S. Dollars   7,174   South Korean Won   8,523,000   CITI   (15)
12/15/21   Saudi Riyals   2,998,420   U.S. Dollars   799,074   CITI   (38)
12/15/21   U.S. Dollars   1,059,674   Saudi Riyals   3,977,000   CITI   (138)
182

Expiration Date   Currency
Purchased
  Amount
of Currency
Purchased
  Currency
Sold
  Amount
of Currency
Sold
  Counter-
party
  Net Unrealized
Appreciation
(Depreciation)
12/15/21   Indonesian Rupiahs   1,093,042,000   U.S. Dollars   75,957   CITI   $(302)
12/15/21   Czech Republic Koruna   8,000,000   U.S. Dollars   365,517   CITI   (707)
12/15/21   Israeli Shekels   2,078,750   U.S. Dollars   645,995   CITI   (724)
12/15/21   U.S. Dollars   300,550   Thai Baht   10,205,000   CITI   (934)
12/15/21   U.S. Dollars   2,260,334   Hong Kong Dollars   17,600,000   CITI   (969)
12/15/21   Russian Rubles   34,000,000   U.S. Dollars   461,763   CITI   (1,128)
12/15/21   Peruvian Nuevo Soles   529,874   U.S. Dollars   129,843   CITI   (2,064)
12/15/21   Philippine Pesos   12,000,000   U.S. Dollars   235,217   CITI   (2,475)
12/15/21   Polish Zloty   519,000   U.S. Dollars   133,399   CITI   (2,939)
12/15/21   Hong Kong Dollars   88,345,000   U.S. Dollars   11,354,097   CITI   (3,258)
12/15/21   Colombian Pesos   6,100,000,000   U.S. Dollars   1,598,708   CITI   (5,137)
12/15/21   U.S. Dollars   900,411   Brazilian Reals   5,000,000   CITI   (5,508)
12/15/21   U.S. Dollars   3,375,142   Indian Rupees   253,210,000   CITI   (6,124)
12/15/21   Euro   443,000   U.S. Dollars   521,984   CITI   (7,967)
12/15/21   U.S. Dollars   1,915,552   South African Rand   29,300,000   CITI   (9,347)
12/15/21   South Korean Won   1,016,456,000   U.S. Dollars   868,754   CITI   (11,414)
12/15/21   U.S. Dollars   1,623,343   Indonesian Rupiahs   23,653,697,106   CITI   (13,848)
12/15/21   U.S. Dollars   4,714,981   Singapore Dollars   6,433,750   CITI   (22,568)
12/15/21   U.S. Dollars   8,483,565   Israeli Shekels   27,428,500   CITI   (30,610)
12/15/21   Taiwan Dollars   173,893,668   U.S. Dollars   6,310,753   CITI   (32,698)
12/15/21   U.S. Dollars   4,847,069   Chinese Offshore Yuan   31,731,359   CITI   (43,876)
12/15/21   Singapore Dollars   6,540,000   U.S. Dollars   4,860,524   CITI   (44,737)
12/15/21   U.S. Dollars   2,548,813   Russian Rubles   192,822,000   CITI   (63,557)
10/10/23   U.S. Dollars   1,196,266   Chinese Offshore Yuan   8,649,000   SC   (78,784)
12/15/21   U.S. Dollars   5,594,688   Colombian Pesos   21,750,000,000   CITI   (87,304)
12/15/21   Indian Rupees   634,713,750   U.S. Dollars   8,568,168   CITI   (92,452)
12/15/21   Chilean Pesos   5,017,246,890   U.S. Dollars   6,395,963   CITI   (251,832)
07/16/25   U.S. Dollars   3,253,457   Chinese Offshore Yuan   24,819,000   MSCS   (342,294)
12/15/21   Hungarian Forint   2,579,656,000   U.S. Dollars   8,647,867   CITI   (355,752)
12/15/21   South African Rand   157,434,000   U.S. Dollars   10,710,594   CITI   (367,779)
12/15/21   Thai Baht   508,168,000   U.S. Dollars   15,402,603   CITI   (389,947)
12/15/21   Mexican Pesos   839,066,479   U.S. Dollars   40,769,647   CITI   (573,508)
12/15/21   Brazilian Reals   134,961,000   U.S. Dollars   25,201,775   CITI   (749,036)
Subtotal Depreciation                   $(3,601,772)
Total Forward Foreign Currency Contracts outstanding at September 30, 2021       $(910,812)
Swap Agreements outstanding at September 30, 2021:
Pay Rate Index/Pay Rate   Receive
Rate/Receive
Rate Index
  Maturity
Date
  Counterparty   Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
Total Return Swaps                                
Decrease in total return of TAIEX (At Termination)   Increase in total return of TAIEX (At Termination)   10/20/2021   GSC   TWD   372,218,000   $13,360,062   $—   $13,360,062
Decrease in total return of TAIEX (At Termination)   Increase in total return of TAIEX (At Termination)   10/20/2021   CITI   TWD   10,151,400   364,365     364,365
Decrease in total return of BIST 30 Index (At Termination)   Increase in total return of BIST 30 Index (At Termination)   10/27/2021   GSC   TRY   21,248,500   2,389,351     2,389,351
Decrease in total return of HSCEI Index (At Termination)   Increase in total return of HSCEI Index (At Termination)   10/28/2021   GSC   HKD   4,360,500   560,141     560,141
Decrease in total return of SGX Nifty 50 Index (At Termination)   Increase in total return of SGX Nifty 50 Index (At Termination)   10/28/2021   GSC   USD   1,548,976   1,548,976     1,548,976
183

EMERGING MARKETS EQUITY FUND
SCHEDULE OF INVESTMENTS (Continued)
Pay Rate Index/Pay Rate   Receive
Rate/Receive
Rate Index
  Maturity
Date
  Counterparty   Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
Decrease in total return of KOSPI 200 Index (At Termination)   Increase in total return of KOSPI 200 Index (At Termination)   12/9/2021   GSC   KRW   5,821,750,000   $4,917,019   $  $4,917,019
Decrease in total return of KOSPI 200 Index (At Termination)   Increase in total return of KOSPI 200 Index (At Termination)   12/9/2021   CITI   KRW   4,416,500,000   3,730,152     3,730,152
Financing Index: 28-Day Mexico Interbank TIIE + 0.35%   MSCI Mexico Net MXN Index (Monthly)   12/15/2021   GSC   MXN   78,728,874   32     32
MSCI Brazil Net Return BRL Index (Monthly)   Financing Index: Brazil Cetip Di Interbank Deposit Rate - 0.45%   12/15/2021   GSC   BRL   4,356,741   27,392     27,392
MSCI Daily TR Net Israel Index (Monthly)   Financing Index: Overnight Bank Funding Rate + 0.09%   12/15/2021   GSC   USD   951,248   27,798     27,798
MSCI Emerging Markets Thailand Net Total Return USD Index (Monthly)   Financing Index: Overnight Bank Funding Rate - 0.35%   12/15/2021   GSC   USD   13,265,740   695,054     695,054
Decrease in total return of WIG20 Index (At Termination)   Increase in total return of WIG20 Index (At Termination)   12/17/2021   GSC   PLN   1,842,400   463,235     463,235
Subtotal Appreciation                       $28,083,577   $  —   $28,083,577
Increase in total return of Bovespa Index (At Termination)   Decrease in total return of Bovespa Index (At Termination)   10/13/2021   GSC   BRL   5,538,650   (1,017,059)   $  $(1,017,059)
Increase in total return of Tel Aviv 35 Index (At Termination)   Decrease in total return of Tel Aviv 35 Index (At Termination)   10/29/2021   GSC   ILS   3,784,746   (1,173,947)     (1,173,947)
Financing Index: Overnight Bank Funding Rate + 0.05%   MSCI Daily Total Return Net Emerging Markets USD Index (Monthly)   12/15/2021   GSC   USD   348,810   (17,300)     (17,300)
Increase in total return of FTSE/JSE Shareholder Weighted Top 40 Index (At Termination)   Decrease in total return of FTSE/JSE Shareholder Weighted Top 40 Index (At Termination)   12/15/2021   GSC   ZAR   117,830   (7,825)     (7,825)
MSCI Singapore Net Return SGD Index (Monthly)   Financing Index: Singapore Overnight Rate + 0%   12/15/2021   GSC   SGD   4,880,737   (10,898)     (10,898)
MSCI South Africa Net Return ZAR Index (Monthly)   Financing Index: 1-Month SAFE South Africa JIBAR + 0.1%   12/15/2021   GSC   ZAR   19,383,989   (25,800)     (25,800)
Subtotal Depreciation                       $(2,252,829)   $  —   $(2,252,829)
Net Total Return Swaps outstanding at September 30, 2021   $25,830,748   $  —   $25,830,748
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
184

GLOBAL REAL ESTATE SECURITIES FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Shares   Value
COMMON STOCKS — 57.4%
Real Estate — 57.4%    
Agree Realty Corporation REIT 54,192   $3,589,136
Alexandria Real Estate Equities, Inc. REIT 12,851   2,455,441
American Homes 4 Rent Class A REIT 82,184   3,132,854
American Tower Corporation REIT 6,240   1,656,158
Apartment Income REIT Corporation 66,359   3,238,983
Apple Hospitality REIT, Inc. 189,026   2,973,379
AvalonBay Communities, Inc. REIT 50,324   11,153,811
Boston Properties, Inc. REIT 28,384   3,075,406
Camden Property Trust REIT 13,072   1,927,728
Centerspace REIT 7,101   671,045
CoreSite Realty Corporation REIT 26,380   3,654,685
Crown Castle International Corporation REIT 8,343   1,446,009
CubeSmart REIT 7,117   344,819
CyrusOne, Inc. REIT 56,645   4,384,890
Duke Realty Corporation REIT 68,713   3,289,291
EastGroup Properties, Inc. REIT 19,929   3,320,769
Empire State Realty Trust, Inc. Class A REIT 172,169   1,726,855
Equinix, Inc. REIT 14,594   11,531,157
Equity Residential REIT 1,226   99,208
Essential Properties Realty Trust, Inc. REIT 139,110   3,883,951
Extra Space Storage, Inc. REIT 30,179   5,069,770
Federal Realty Investment Trust REITΔ 16,874   1,990,963
First Industrial Realty Trust, Inc. REIT 77,876   4,055,782
Independence Realty Trust, Inc. REITΔ 88,519   1,801,362
Invitation Homes, Inc. REIT 61,516   2,357,908
Kilroy Realty Corporation REIT 22,280   1,475,159
Kimco Realty Corporation REIT 276,228   5,731,731
Lamar Advertising Co. Class A REIT 11,973   1,358,337
Life Storage, Inc. REIT 45,033   5,167,086
Mack-Cali Realty Corporation REIT* 65,537   1,121,994
Medical Properties Trust, Inc. REIT 122,727   2,463,131
Mid-America Apartment Communities, Inc. REITΔ 28,965   5,409,214
NETSTREIT Corporation 90,166   2,132,426
Pebblebrook Hotel Trust REITΔ 81,283   1,821,552
Physicians Realty Trust REIT 102,775   1,810,896
Piedmont Office Realty Trust, Inc. Class A REIT 63,704   1,110,361
Postal Realty Trust, Inc. Class A REITΔ 56,666   1,056,254
Prologis, Inc. REIT 113,010   14,174,844
Public Storage REIT 11,653   3,462,106
Realty Income Corporation REIT 17,161   1,113,063
Regency Centers Corporation REIT 14,512   977,093
Retail Properties of America, Inc. Class A REIT 137,527   1,771,348
Ryman Hospitality Properties, Inc. REIT* 26,086   2,183,398
    Shares   Value
SBA Communications Corporation REIT 6,051   $2,000,279
Simon Property Group, Inc. REIT 52,989   6,886,980
SITE Centers Corporation REIT 154,159   2,380,215
Spirit Realty Capital, Inc. REIT 26,630   1,226,045
STAG Industrial, Inc. REITΔ 52,068   2,043,669
Sun Communities, Inc. REIT 42,608   7,886,741
Sunstone Hotel Investors, Inc. REIT* 9,298   111,018
UDR, Inc. REIT 33,936   1,797,929
Ventas, Inc. REIT 48,348   2,669,293
Welltower, Inc. REITΔ 117,266   9,662,718
        173,836,240
Total Common Stocks
(Cost $148,935,782)
  173,836,240
FOREIGN COMMON STOCKS — 39.7%
Australia — 4.1%    
Dexus REIT 322,076   2,478,888
GPT Group (The) REIT 538,175   1,938,454
Mirvac Group REIT 1,072,847   2,275,792
Scentre Group REIT 1,541,330   3,280,512
Shopping Centres Australasia Property Group REIT 429,589   822,862
Stockland REIT 309,755   982,287
Waypoint REIT 287,546   564,025
        12,342,820
Belgium — 1.3%    
Aedifica SA REIT 6,374   795,752
Cofinimmo SA REIT 4,084   619,302
VGP NV 4,110   945,499
Warehouses De Pauw CVA REIT 30,825   1,248,981
Xior Student Housing NV REIT 5,122   289,237
        3,898,771
Canada — 3.1%    
Canadian Apartment Properties REIT 60,895   2,841,863
Chartwell Retirement Residences 141,027   1,342,796
Granite REIT 17,948   1,276,453
RioCan REIT 48,040   820,769
Summit Industrial Income REIT 122,233   2,011,161
Tricon Residential, Inc. 82,960   1,106,919
        9,399,961
France — 1.7%    
Gecina SA REIT 13,902   1,870,324
ICADE REIT 4,459   348,192
Klepierre REIT* 19,921   445,503
Unibail-Rodamco-Westfield REITΔ* 35,601   2,620,257
        5,284,276
Germany — 3.8%    
alstria office REIT-AG 61,257   1,111,148
Aroundtown SA 121,980   840,309
Deutsche Wohnen SE* 8,761   536,845
Instone Real Estate Group AG 144A 18,932   540,572
LEG Immobilien SE 6,600   932,275
 
185

GLOBAL REAL ESTATE SECURITIES FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
Vonovia SE 126,121   $7,582,189
        11,543,338
Hong Kong — 4.1%    
CK Asset Holdings, Ltd. 532,330   3,071,424
Hysan Development Co., Ltd. 414,610   1,350,139
Kerry Properties, Ltd. 224,671   590,987
Lifestyle International Holdings, Ltd.* 57,285   31,093
Link REIT 335,263   2,870,974
New World Development Co., Ltd. 458,363   1,864,280
Shimao Group Holdings, Ltd. 116,500   213,523
Sun Hung Kai Properties, Ltd. 79,000   986,464
SUNeVision Holdings, Ltd. 199,000   187,117
Swire Properties, Ltd. 477,898   1,198,329
        12,364,330
Japan — 9.9%    
Activia Properties, Inc. REIT 867   3,545,377
Daibiru CorporationΔ 76,000   1,117,141
Global One Real Estate Investment Corporation REIT 1,089   1,131,575
Heiwa Real Estate Co., Ltd. 6,453   223,865
Hulic Reit, Inc. 919   1,444,620
Ichigo Office REIT Investment Corporation 722   582,605
Invincible Investment Corporation REIT 995   389,812
Itochu Advance Logistics Investment Corporation REIT 462   644,573
Japan Hotel REIT Investment Corporation 531   318,770
Japan Metropolitan Fund Invest REIT 709   680,786
Japan Prime Realty Investment Corporation REIT 138   499,951
Japan Real Estate Investment Corporation REIT 122   731,786
Keihanshin Building Co., Ltd. 21,300   269,015
Kenedix Retail REIT CorporationΔ 751   1,947,496
LaSalle Logiport REIT 1,194   2,011,546
Mitsubishi Estate Co., Ltd. 220,197   3,506,156
Mitsui Fudosan Co., Ltd. 167,917   3,988,850
Mori Trust Hotel Reit, Inc. 1,120   1,381,302
Mori Trust Sogo REIT, Inc. 1,034   1,372,005
Nippon Accommodations Fund, Inc. REIT 75   421,178
NIPPON REIT Investment Corporation 150   583,328
Nomura Real Estate Holdings, Inc. 6,215   161,581
Nomura Real Estate Master Fund, Inc. REIT 542   780,086
One REIT, Inc. 127   337,633
Samty Residential Investment Corporation REIT 107   112,352
Tokaido REIT, Inc.* 461   445,267
    Shares   Value
Tokyu Fudosan Holdings CorporationΔ 217,716   $1,339,937
        29,968,593
Singapore — 3.1%    
Ascott Residence Trust 935,700   633,600
CapitaLand Integrated Commercial Trust REIT 1,794,244   2,671,734
Capitaland Investment, Ltd.* 937,198   2,346,791
City Developments, Ltd.Δ 87,359   442,130
Hongkong Land Holdings, Ltd. 175,470   838,164
Mapletree Industrial Trust REIT 807,270   1,649,695
Mapletree Logistics Trust REIT 556,300   831,632
        9,413,746
Spain — 0.8%    
Arima Real Estate SOCIMI SA REITΔ* 42,485   456,692
Inmobiliaria Colonial Socimi SA REIT* 104,841   1,017,689
Merlin Properties Socimi SA REIT* 80,237   824,586
        2,298,967
Sweden — 2.2%    
Castellum ABΔ 68,060   1,661,501
Cibus Nordic Real Estate AB 10,634   251,444
Fabege ABΔ 158,358   2,388,504
Fastighets AB Balder, B Shares* 27,620   1,659,869
Nyfosa AB 54,129   765,463
        6,726,781
Switzerland — 0.3%    
PSP Swiss Property AG 6,723   810,009
United Kingdom — 5.3%    
Big Yellow Group PLC REIT 53,921   1,013,512
British Land Co. PLC (The) REIT 514,890   3,416,616
Derwent London PLC REIT 21,439   993,374
Grainger PLC 538,262   2,208,640
Great Portland Estates PLC REIT 40,504   406,543
Hammerson PLC REIT 1,033,870   446,106
PRS REIT PLC (The) 252,691   340,476
Safestore Holdings PLC REIT 25,302   357,624
Segro PLC REIT 206,382   3,315,288
Target Healthcare REIT PLC 240,493   371,998
Tritax Big Box REIT PLC 274,986   786,260
Tritax EuroBox PLC 144A 416,482   634,881
UNITE Group PLC (The) REIT 96,239   1,410,836
Urban Logistics REIT PLC 131,649   305,100
        16,007,254
Total Foreign Common Stocks
(Cost $113,477,220)
  120,058,846
 
186

    Shares   Value
MONEY MARKET FUNDS — 3.6%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø∞
8,073,214   $8,073,214
Northern Institutional Liquid Assets Portfolio (Shares), 0.03%ا 2,809,640   2,809,640
Total Money Market Funds
(Cost $10,882,854)
  10,882,854
TOTAL INVESTMENTS100.7%
(Cost $273,295,856)
    304,777,940
Liabilities in Excess of Other
Assets — (0.7)%
    (2,189,516)
NET ASSETS — 100.0%     $302,588,424
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
S&P MidCap 400 Index E-Mini   12/2021   35   $9,216,200   $(121,537)
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
187

STRATEGIC ALTERNATIVES FUND
SCHEDULE OF INVESTMENTS
September 30, 2021 (Unaudited)
    Par   Value
CORPORATE BONDS — 14.2%
2U, Inc.      
2.25%, 05/01/25 CONV $314,000   $437,559
8x8, Inc.      
0.50%, 02/01/24 CONV 250,000   282,340
Air Transport Services Group, Inc.      
1.13%, 10/15/24 CONV 500,000   540,795
Alphatec Holdings, Inc.      
0.75%, 08/01/26 144A  CONV 210,000   204,225
Avaya Holdings Corporation      
2.25%, 06/15/23 CONV 393,000   413,632
Avid SPV LLC      
1.25%, 03/15/26 144A  CONV 225,000   287,192
Bentley Systems, Inc.      
0.38%, 07/01/27 144A  CONV 313,000   316,975
Beyond Meat, Inc.      
0.20%, 03/15/27 144A Ω  CONV 289,000   249,082
BigCommerce Holdings, Inc.      
0.25%, 10/01/26 144A  CONV 214,000   216,789
Bloom Energy Corporation      
2.50%, 08/15/25 CONV 242,000   334,315
Bridgebio Pharma, Inc.      
2.25%, 02/01/29 144A  CONV 564,000   491,526
Burlington Stores, Inc.      
2.25%, 04/15/25 CONV 400,000   583,000
Cable One, Inc.      
1.13%, 03/15/28 144A  CONV 500,000   509,815
Callaway Golf Co.      
2.75%, 05/01/26 CONV 264,000   463,155
Centennial Resource Production LLC      
3.25%, 04/01/28 CONV 500,000   660,397
Ceridian HCM Holding, Inc.      
0.25%, 03/15/26 144A  CONV 428,000   463,096
Cheesecake Factory, Inc. (The)      
0.38%, 06/15/26 CONV 285,000   272,888
Chefs' Warehouse, Inc. (The)      
1.88%, 12/01/24 CONV 500,000   535,386
Cheniere Energy, Inc.      
4.25%, 03/15/45 CONV 1,043,000   905,268
Coherus Biosciences, Inc.      
1.50%, 04/15/26 CONV 512,000   570,553
Coinbase Global, Inc.      
0.50%, 06/01/26 144A  CONV 314,000   315,413
DISH Network Corporation      
3.38%, 08/15/26 CONV 600,000   625,200
Enphase Energy, Inc.      
0.00%, 03/01/28 144A Ω  CONV 714,000   664,020
Envestnet, Inc.      
1.75%, 06/01/23 CONV 250,000   316,563
Everbridge, Inc.      
0.13%, 12/15/24 CONV 250,000   367,988
Exact Sciences Corporation      
0.38%, 03/15/27 CONV 500,000   568,750
Fastly, Inc.      
2.64%, 03/15/26 144A Ω  CONV 712,000   602,530
Flexion Therapeutics, Inc.      
3.38%, 05/01/24 CONV 500,000   447,500
    Par   Value
FTI Consulting, Inc.      
2.00%, 08/15/23 CONV $325,000   $456,300
fuboTV, Inc.      
3.25%, 02/15/26 144A  CONV 629,000   572,417
GoPro, Inc.      
1.25%, 11/15/25 144A  CONV 220,000   271,006
Gossamer Bio, Inc.      
5.00%, 06/01/27 CONV 510,000   532,266
Granite Point Mortgage Trust, Inc. REIT      
6.38%, 10/01/23 CONV 1,425,000   1,439,250
Greenbrier Cos., Inc. (The)      
2.88%, 04/15/28 144A  CONV 519,000   542,874
Groupon, Inc.      
1.13%, 03/15/26 144A  CONV 493,000   383,147
Halozyme Therapeutics, Inc.      
0.25%, 03/01/27 144A  CONV 655,000   596,623
Helix Energy Solutions Group, Inc.      
4.13%, 09/15/23 CONV 193,000   183,109
6.75%, 02/15/26 CONV 250,000   261,299
i3 Verticals LLC      
1.00%, 02/15/25 CONV 593,000   552,972
II-VI, Inc.      
0.25%, 09/01/22 CONV 250,000   332,619
Infinera Corporation      
2.13%, 09/01/24 CONV 400,000   444,400
Innoviva, Inc.      
2.13%, 01/15/23 CONV 520,000   560,625
Insmed, Inc.      
0.75%, 06/01/28 CONV 613,000   673,151
Ionis Pharmaceuticals, Inc.      
0.13%, 12/15/24 CONV 500,000   458,444
iStar, Inc. REIT      
3.13%, 09/15/22 CONV 300,000   546,750
Jamf Holding Corporation      
0.13%, 09/01/26 144A  CONV 214,000   223,764
Jazz Investments I, Ltd.      
2.00%, 06/15/26 CONV 500,000   579,687
Kaman Corporation      
3.25%, 05/01/24 CONV 350,000   356,737
Liberty TripAdvisor Holdings, Inc.      
0.50%, 06/30/51 144A  CONV 500,000   416,440
Ligand Pharmaceuticals, Inc.      
0.75%, 05/15/23 CONV 500,000   503,353
Lumentum Holdings, Inc.      
0.50%, 12/15/26 CONV 600,000   662,008
MACOM Technology Solutions Holdings, Inc.      
0.25%, 03/15/26 144A  CONV 350,000   372,750
Magnite, Inc.      
0.25%, 03/15/26 144A  CONV 875,000   754,269
Meritor, Inc.      
3.25%, 10/15/37 CONV 315,000   331,069
MFA Financial, Inc. REIT      
6.25%, 06/15/24 CONV 750,000   773,149
MGIC Investment Corporation      
9.00%, 04/01/63 144A  CONV 602,000   805,175
 
188

    Par   Value
MicroStrategy, Inc.      
4.54%, 02/15/27 144A Ω  CONV $667,000   $494,368
Middleby Corporation (The)      
1.00%, 09/01/25 CONV 350,000   500,150
Mitek Systems, Inc.      
0.75%, 02/01/26 144A  CONV 360,000   404,244
New Relic, Inc.      
0.50%, 05/01/23 CONV 650,000   660,128
NRG Energy, Inc.      
2.75%, 06/01/48 CONV 600,000   706,800
OSI Systems, Inc.      
1.25%, 09/01/22 CONV 445,000   461,409
Pebblebrook Hotel Trust REIT      
1.75%, 12/15/26 CONV 587,000   658,320
PennyMac Corporation REIT      
5.50%, 11/01/24 CONV 500,000   512,500
Porch Group, Inc.      
0.75%, 09/15/26 144A  CONV 214,000   214,268
PRA Group, Inc.      
3.50%, 06/01/23 CONV 500,000   555,118
Progress Software Corporation      
1.00%, 04/15/26 144A  CONV 350,000   369,533
Q2 Holdings, Inc.      
0.75%, 06/01/26 CONV 274,000   308,500
Radius Health, Inc.      
3.00%, 09/01/24 CONV 391,000   357,032
Realogy Group LLC      
0.25%, 06/15/26 144A  CONV 424,000   428,505
RealReal, Inc. (The)      
1.00%, 03/01/28 144A  CONV 494,000   408,785
Redfin Corporation      
0.50%, 04/01/27 144A  CONV 364,000   327,380
Redwood Trust, Inc. REIT      
5.63%, 07/15/24 CONV 228,000   236,574
Royal Caribbean Cruises, Ltd.      
4.25%, 06/15/23 CONV 467,000   658,470
RWT Holdings, Inc.      
5.75%, 10/01/25 CONV 890,000   912,112
Sabre GLBL, Inc.      
4.00%, 04/15/25 CONV 350,000   605,062
SoFi Technologies, Inc.      
0.00%, 10/15/26 144A Ω  CONV 215,000   221,047
Spirit Airlines, Inc.      
1.00%, 05/15/26 CONV 324,000   305,181
Splunk, Inc.      
1.13%, 06/15/27 CONV 519,000   511,539
Spotify U.S.A., Inc.      
0.15%, 03/15/26 144A Ω  CONV 524,000   473,434
Stride, Inc.      
1.13%, 09/01/27 CONV 590,000   589,174
Summit Hotel Properties, Inc. REIT      
1.50%, 02/15/26 CONV 500,000   527,640
Sunnova Energy International, Inc.      
0.25%, 12/01/26 144A  CONV 419,000   478,812
    Par   Value
Sunrun, Inc.      
(0.39)%, 02/01/26 144A Ω  CONV $608,000   $520,917
Tabula Rasa HealthCare, Inc.      
1.75%, 02/15/26 CONV 500,000   421,000
Travere Therapeutics, Inc.      
2.50%, 09/15/25 CONV 524,000   528,191
Two Harbors Investment Corporation REIT      
6.25%, 01/15/26 CONV 480,000   493,737
Upwork, Inc.      
0.25%, 08/15/26 144A  CONV 322,000   329,708
Verint Systems, Inc.      
0.25%, 04/15/26 144A  CONV 524,000   508,811
Vocera Communications, Inc.      
0.50%, 09/15/26 144A  CONV 673,000   686,881
Vonage Holdings Corporation      
1.75%, 06/01/24 CONV 350,000   409,077
Vroom, Inc.      
0.75%, 07/01/26 144A  CONV 375,000   302,326
Winnebago Industries, Inc.      
1.50%, 04/01/25 CONV 375,000   498,495
WisdomTree Investments, Inc.      
4.25%, 06/15/23 CONV 450,000   527,062
3.25%, 06/15/26 144A  CONV 104,000   99,450
Workiva, Inc.      
1.13%, 08/15/26 CONV 500,000   931,166
Zillow Group, Inc.      
2.75%, 05/15/25 CONV 325,000   507,617
Zogenix, Inc.      
2.75%, 10/01/27 144A  CONV 350,000   335,284
Total Corporate Bonds
(Cost $46,611,417)
    47,217,412
FOREIGN BONDS — 1.4%
Cameroon — 0.1%    
Golar LNG, Ltd.      
2.75%, 02/15/22 CONV 300,000   299,227
China — 0.8%    
21Vianet Group, Inc.      
3.54%, 02/01/26 144A Ω  CONV 572,000   476,762
Hello Group, Inc.      
1.25%, 07/01/25 CONV 692,000   586,903
Huazhu Group, Ltd.      
3.00%, 05/01/26 CONV 375,000   488,203
iQIYI, Inc.      
2.00%, 04/01/25 CONV 568,000   502,124
NIO, Inc.      
2.92%, 02/01/26 144A Ω  CONV 529,000   455,935
        2,509,927
Jersey — 0.1%    
Encore Capital Europe Finance, Ltd.      
4.50%, 09/01/23 CONV 366,000   467,882
189

STRATEGIC ALTERNATIVES FUND
SCHEDULE OF INVESTMENTS (Continued)
    Par   Value
Norway — 0.1%    
SFL Corporation, Ltd.      
4.88%, 05/01/23 CONV $427,000   $436,875
Turkey — 0.3%    
Turkey Government Bond      
12.20%, 01/18/23 8,800,000   934,128
Total Foreign Bonds
(Cost $4,760,917)
  4,648,039
MORTGAGE-BACKED SECURITIES — 5.0%
Federal Home Loan Mortgage Corporation REMIC, Series 4248      
(Floating, 6.00% ‐ ICE LIBOR USD 1M, 6.00% Cap), 5.92%, 09/15/43†  IO 297,258   51,982
Federal Home Loan Mortgage Corporation REMIC, Series 4286      
(Floating, 6.00% ‐ ICE LIBOR USD 1M, 6.00% Cap), 5.92%, 12/15/43†  IO 191,558   30,322
Federal Home Loan Mortgage Corporation REMIC, Series 4468      
(Floating, 6.10% ‐ ICE LIBOR USD 1M, 6.10% Cap), 6.02%, 05/15/45†  IO 320,908   61,346
Federal Home Loan Mortgage Corporation REMIC, Series 4583      
(Floating, 6.00% ‐ ICE LIBOR USD 1M, 6.00% Cap), 5.92%, 05/15/46†  IO 778,969   143,309
Federal Home Loan Mortgage Corporation REMIC, Series 4905      
(Floating, 6.10% ‐ ICE LIBOR USD 1M, 6.10% Cap), 6.01%, 08/25/49†  IO 497,386   86,476
Federal Home Loan Mortgage Corporation REMIC, Series 4991      
5.00%, 07/25/50 IO 1,459,824   241,785
Federal Home Loan Mortgage Corporation REMIC, Series 4998      
4.00%, 08/25/50 IO 790,472   120,947
Federal Home Loan Mortgage Corporation REMIC, Series 5009      
2.00%, 09/25/50 IO 1,016,468   119,636
Federal Home Loan Mortgage Corporation REMIC, Series 5012      
4.00%, 09/25/50 IO 226,159   35,177
Federal Home Loan Mortgage Corporation REMIC, Series 5020      
3.00%, 08/25/50 IO 406,911   62,637
Federal National Mortgage Association REMIC, Series 2012-115      
(Floating, 6.10% ‐ ICE LIBOR USD 1M, 6.10% Cap), 6.01%, 10/25/42†  IO 328,542   56,653
Federal National Mortgage Association REMIC, Series 2017-31      
(Floating, 6.10% ‐ ICE LIBOR USD 1M, 6.10% Cap), 6.01%, 05/25/47†  IO 443,182   90,280
    Par   Value
Federal National Mortgage Association REMIC, Series 2017-86      
(Floating, 6.15% ‐ ICE LIBOR USD 1M, 6.15% Cap), 6.06%, 11/25/47†  IO $595,827   $112,348
Federal National Mortgage Association REMIC, Series 2018-17      
(Floating, 3.45% ‐ ICE LIBOR USD 1M, 2.50% Cap), 2.50%, 03/25/48†  IO 2,518,517   194,747
Federal National Mortgage Association REMIC, Series 2018-8      
(Floating, 6.15% ‐ ICE LIBOR USD 1M, 6.15% Cap), 6.06%, 02/25/48†  IO 290,091   45,489
Federal National Mortgage Association REMIC, Series 2020-38      
4.00%, 06/25/50 IO 1,201,500   176,244
Federal National Mortgage Association REMIC, Series 2020-49      
4.00%, 07/25/50 IO 540,755   82,444
(Floating, 6.10% ‐ ICE LIBOR USD 1M, 6.10% Cap), 6.01%, 07/25/50†  IO 637,767   142,551
Federal National Mortgage Association REMIC, Series 2020-60      
2.00%, 09/25/50 IO 1,334,615   142,937
4.00%, 09/25/50 IO 210,035   31,627
Federal National Mortgage Association REMIC, Series 2020-62      
4.00%, 06/25/48 IO 690,409   127,635
Federal National Mortgage Association STRIP, Series 405      
(Floating, 5.05% ‐ ICE LIBOR USD 1M, 5.05% Cap), 4.96%, 10/25/40†  IO 754,825   111,813
Government National Mortgage Association, Series 2015-110      
(Floating, 5.70% ‐ ICE LIBOR USD 1M, 5.70% Cap), 5.61%, 08/20/45†  IO 176,686   29,925
Government National Mortgage Association, Series 2016-109      
4.00%, 10/20/45 IO 142,926   14,545
Government National Mortgage Association, Series 2018-105      
(Floating, 6.20% ‐ ICE LIBOR USD 1M, 6.20% Cap), 6.11%, 08/20/48†  IO 178,919   28,142
Government National Mortgage Association, Series 2018-124      
(Floating, 6.20% ‐ ICE LIBOR USD 1M, 6.20% Cap), 6.11%, 09/20/48†  IO 531,681   99,973
 
190

    Par   Value
Government National Mortgage Association, Series 2018-139      
(Floating, 6.15% ‐ ICE LIBOR USD 1M, 6.15% Cap), 6.06%, 10/20/48†  IO $225,600   $31,660
Government National Mortgage Association, Series 2018-7      
(Floating, 5.70% ‐ ICE LIBOR USD 1M, 5.70% Cap), 5.61%, 01/20/48†  IO 454,906   83,578
Government National Mortgage Association, Series 2019-1      
(Floating, 6.05% ‐ ICE LIBOR USD 1M, 6.05% Cap), 5.96%, 01/20/49†  IO 250,210   35,222
Government National Mortgage Association, Series 2019-110      
(Floating, 6.05% ‐ ICE LIBOR USD 1M, 6.05% Cap), 5.96%, 09/20/49†  IO 992,222   180,414
(Floating, 6.10% ‐ ICE LIBOR USD 1M, 6.10% Cap), 6.01%, 09/20/49†  IO 836,747   122,147
Government National Mortgage Association, Series 2019-111      
(Floating, 6.15% ‐ ICE LIBOR USD 1M, 6.15% Cap), 6.06%, 01/20/49†  IO 711,175   119,238
Government National Mortgage Association, Series 2019-128      
4.00%, 10/20/49 IO 661,506   76,961
Government National Mortgage Association, Series 2019-151      
3.50%, 10/20/49 IO 1,167,285   103,436
3.50%, 12/20/49 IO 618,744   69,495
Government National Mortgage Association, Series 2019-153      
4.00%, 12/20/49 IO 3,121,583   405,521
(Floating, 6.05% ‐ ICE LIBOR USD 1M, 6.05% Cap), 5.96%, 12/20/49†  IO 1,051,038   160,203
Government National Mortgage Association, Series 2019-20      
(Floating, 3.79% ‐ ICE LIBOR USD 1M, 3.79% Cap), 3.70%, 02/20/49†  IO 623,005   45,766
Government National Mortgage Association, Series 2019-4      
(Floating, 6.05% ‐ ICE LIBOR USD 1M, 6.05% Cap), 5.96%, 01/20/49†  IO 380,373   59,086
Government National Mortgage Association, Series 2019-6      
(Floating, 6.05% ‐ ICE LIBOR USD 1M, 6.05% Cap), 5.96%, 01/20/49†  IO 209,820   33,440
Government National Mortgage Association, Series 2019-69      
(Floating, 3.27% ‐ ICE LIBOR USD 1M, 3.27% Cap), 3.18%, 06/20/49†  IO 238,389   20,590
    Par   Value
Government National Mortgage Association, Series 2019-78      
(Floating, 6.05% ‐ ICE LIBOR USD 1M, 6.05% Cap), 5.96%, 06/20/49†  IO $1,263,386   $188,272
Government National Mortgage Association, Series 2019-97      
(Floating, 6.10% ‐ ICE LIBOR USD 1M, 6.10% Cap), 6.01%, 08/20/49†  IO 350,137   46,082
Government National Mortgage Association, Series 2020-11      
(Floating, 6.05% ‐ ICE LIBOR USD 1M, 6.05% Cap), 5.96%, 01/20/50†  IO 730,454   117,361
Government National Mortgage Association, Series 2020-146      
2.50%, 10/20/50 IO 408,229   52,415
Government National Mortgage Association, Series 2020-151      
2.50%, 10/20/50 IO 927,365   113,684
Government National Mortgage Association, Series 2020-21      
(Floating, 6.05% ‐ ICE LIBOR USD 1M, 6.05% Cap), 5.96%, 02/20/50†  IO 454,347   66,334
Government National Mortgage Association, Series 2020-55      
3.50%, 04/20/50 IO 1,061,994   128,461
(Floating, 6.05% ‐ ICE LIBOR USD 1M, 6.05% Cap), 5.96%, 04/20/50†  IO 712,447   124,966
Government National Mortgage Association, Series 2020-61      
(Floating, 6.44% ‐ ICE LIBOR USD 1M, 6.44% Cap), 6.35%, 07/20/43†  IO 679,125   128,038
(Floating, 6.05% ‐ ICE LIBOR USD 1M, 6.05% Cap), 5.96%, 08/20/49†  IO 1,099,105   159,880
Government National Mortgage Association, Series 2020-78      
4.00%, 06/20/50 IO 876,904   93,164
(Floating, 6.15% ‐ ICE LIBOR USD 1M, 6.15% Cap), 6.06%, 06/20/50†  IO 1,125,462   236,409
Government National Mortgage Association, Series 2020-79      
4.00%, 06/20/50 IO 237,012   26,331
Uniform Mortgage Backed Securities      
2.00%, 10/01/50 TBA 5,000,000   5,013,867
2.50%, 10/01/51 TBA 1,000,000   1,031,133
2.00%, 11/01/51 TBA 5,000,000   5,004,883
Total Mortgage-Backed Securities
(Cost $16,967,269)
    16,519,007
    
191

STRATEGIC ALTERNATIVES FUND
SCHEDULE OF INVESTMENTS (Continued)
  Number of
Contracts
  Notional
Amount
  Value
PURCHASED OPTIONS — 0.0%
Call Swaptions — 0.0%
Pay 1-Day SONIA (Annually); Receive 0.42% (Annually); Interest Rate Swap Maturing 10/10/2023 GBP, Strike Price
$0.42, Expires
10/10/23 (CITI)
1   $8,270,000   $7,170
Pay 1-Day SONIA (Annually); Receive 0.459% (Annually); Interest Rate Swap Maturing 10/10/2023 GBP, Strike Price
$0.46, Expires
10/10/23 (CITI)
1   7,550,000   7,654
Pay 1-Day SONIA (Annually); Receive 0.516% (Annually); Interest Rate Swap Maturing 11/15/2023 GBP, Strike Price
$0.52, Expires
11/15/23 (CITI)
1   8,700,000   11,433
Pay 1-Day SONIA (Annually); Receive 0.544% (Annually); Interest Rate Swap Maturing 11/16/2023 GBP, Strike Price
$0.54, Expires
11/16/23 (MSCS)
1   7,920,000   11,501
Pay 3-Month LIBOR (Quarterly); Receive 0.465% (Semiannually); Interest Rate Swap Maturing 2/24/2025 USD, Strike Price
$0.47, Expires
02/24/25 (CITI)
1   7,540,000   2,837
Pay 3-Month LIBOR (Quarterly); Receive 0.605% (Semiannually); Interest Rate Swap Maturing 1/11/2025 USD, Strike Price
$0.61, Expires
01/11/25 (CITI)
1   7,340,000   5,523
  Number of
Contracts
  Notional
Amount
  Value
Pay 3-Month LIBOR (Quarterly); Receive 1.365% (Semiannually); Interest Rate Swap Maturing 11/12/2051 USD, Strike Price
$1.37, Expires
11/12/51 (MSCS)
1   $1,120,000   $1,044
          47,162
Put Swaptions — 0.0%
Pay 0.427% (Semiannually); Receive 6-Month ICE LIBOR JPY (Semiannually); Interest Rate Swap Maturing 5/30/2042 JPY, Strike Price
$0.43, Expires
05/30/42 (BAR)
1   195,390,000   20,535
Pay 1.195% (Semiannually); Receive 3-Month LIBOR (Quarterly); Interest Rate Swap Maturing 11/22/2026 USD, Strike Price
$1.20, Expires
11/22/26 (BOA)
1   3,710,000   10,285
          30,820
Total Purchased Options
(Premiums paid $178,851)
      77,982
    
    Par  
U.S. TREASURY OBLIGATIONS — 32.6%
U.S. Treasury Bills      
0.12%, 10/07/21Ω $4,300,000 4,299,977
0.01%, 10/28/21Ω 32,425,000 32,423,510
0.05%, 11/12/21Ω 4,300,000 4,299,774
0.04%, 11/18/21Ω 4,300,000 4,299,864
0.10%, 12/02/21Ω 4,300,000 4,299,764
0.03%, 12/09/21Ω 4,300,000 4,299,808
0.03%, 12/16/21Ω 4,300,000 4,299,719
0.03%, 12/23/21Ω 4,300,000 4,299,686
0.10%, 12/30/21Ω 32,425,000 32,422,163
0.02%, 01/13/22Ω 4,300,000 4,299,593
      99,243,858
 
192

    Par   Value
U.S. Treasury Bonds        
2.38%, 11/15/49 $8,510,000   $9,060,158
Total U.S. Treasury Obligations
(Cost $108,635,471)
    108,304,016
    
    Shares  
COMMON STOCKS — 6.2%
Communication Services — 0.0%  
Escrow NII Holdings, Inc.††† * 76,167 19,804
Consumer Discretionary — 1.3%  
Advance Auto Parts, Inc. 869 181,525
Amazon.com, Inc.* 105 344,929
American Eagle Outfitters, Inc. 10,440 269,352
AutoNation, Inc.* 487 59,297
AutoZone, Inc.* 192 326,014
Best Buy Co., Inc. 4,473 472,841
Chewy, Inc. Class A* 2,345 159,718
Dick's Sporting Goods, Inc. 2,052 245,768
Etsy, Inc.* 615 127,895
Foot Locker, Inc. 5,947 271,540
Home Depot, Inc. (The) 297 97,493
Kohl’s Corporation 488 22,980
Lowe’s Cos., Inc. 1,361 276,093
O’Reilly Automotive, Inc.* 404 246,868
Ollie's Bargain Outlet Holdings, Inc.* 561 33,817
Pool Corporation 287 124,676
Target Corporation 3,264 746,705
Tractor Supply Co. 505 102,318
Ulta Beauty, Inc.* 157 56,665
Williams-Sonoma, Inc. 1,793 317,953
      4,484,447
Consumer Staples — 0.8%  
Casey’s General Stores, Inc. 1,713 322,815
Clorox Co. (The) 168 27,822
Colgate-Palmolive Co. 3,339 252,362
Costco Wholesale Corporation 700 314,545
Estee Lauder Cos., Inc. (The) Class A 453 135,868
Nu Skin Enterprises, Inc. Class A 1,299 52,570
Procter & Gamble Co. (The) 5,147 719,551
Sprouts Farmers Market, Inc.* 5,562 128,872
Walmart, Inc. 4,582 638,639
      2,593,044
Financials — 1.2%  
Aflac, Inc. 3,610 188,189
Alleghany Corporation* 82 51,202
Allstate Corporation (The) 7,053 897,917
Arch Capital Group, Ltd.* 1,172 44,747
Brown & Brown, Inc. 876 48,574
Cincinnati Financial Corporation 2,292 261,792
CNA Financial Corporation 695 29,162
CNO Financial Group, Inc. 439 10,334
Erie Indemnity Co. Class A 804 143,450
Fidelity National Financial, Inc. 3,515 159,370
First American Financial Corporation 2,112 141,610
Globe Life, Inc. 2,511 223,554
Hanover Insurance Group, Inc. (The) 919 119,121
    Shares   Value
Kinsale Capital Group, Inc. 2,710   $438,207
Markel Corporation* 159   190,026
Mercury General Corporation 5,176   288,148
Old Republic International Corporation 3,638   84,147
Primerica, Inc. 751   115,376
Progressive Corporation (The) 2,509   226,789
Prudential Financial, Inc. 438   46,078
RenaissanceRe Holdings, Ltd. 130   18,122
Selective Insurance Group, Inc. 382   28,852
Travelers Cos., Inc. (The) 443   67,340
White Mountains Insurance Group, Ltd. 79   84,499
        3,906,606
Information Technology — 1.2%    
Apple, Inc. 5,959   843,198
Arista Networks, Inc.* 264   90,721
Arrow Electronics, Inc.* 2,263   254,112
CDW Corporation 1,565   284,861
Ciena Corporation* 4,020   206,427
Cisco Systems, Inc. 8,250   449,048
Cognex Corporation 1,534   123,057
Dell Technologies, Inc. Class C* 488   50,772
HP, Inc. 15,300   418,608
IPG Photonics Corporation* 754   119,434
Keysight Technologies, Inc.* 1,928   316,751
Motorola Solutions, Inc. 176   40,888
National Instruments Corporation 1,083   42,486
NetApp, Inc. 119   10,681
Pure Storage, Inc. Class A* 1,024   25,764
Ubiquiti, Inc. 1,319   393,946
Vishay Intertechnology, Inc. 6,850   137,617
Zebra Technologies Corporation Class A* 328   169,058
        3,977,429
Materials — 1.7%    
AptarGroup, Inc. 1,423   169,835
Ashland Global Holdings, Inc. 629   56,057
Avery Dennison Corporation 257   53,253
Ball Corporation 3,728   335,408
Berry Global Group, Inc.* 1,127   68,612
Celanese Corporation 1,100   165,704
Ecolab, Inc. 142   29,624
Element Solutions, Inc. 4,462   96,736
FMC Corporation 258   23,622
Freeport-McMoRan, Inc. 840   27,325
Huntsman Corporation 2,265   67,021
Ingevity Corporation* 174   12,418
Louisiana-Pacific Corporation 2,371   145,508
Martin Marietta Materials, Inc. 63   21,526
Mosaic Co. (The) 17,499   625,064
NewMarket Corporation 745   252,384
Newmont Corporation 2,412   130,972
Nucor Corporation 2,537   249,869
Packaging Corporation of America 4,479   615,594
Reliance Steel & Aluminum Co. 2,396   341,238
Royal Gold, Inc. 2,514   240,062
193

STRATEGIC ALTERNATIVES FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
RPM International, Inc. 2,383   $185,040
Sealed Air Corporation 6,043   331,096
Sensient Technologies Corporation 2,288   208,391
Sherwin-Williams Co. (The) 2,949   824,924
Silgan Holdings, Inc. 1,026   39,357
Steel Dynamics, Inc. 2,398   140,235
Valvoline, Inc. 2,636   82,191
Westlake Chemical Corporation 290   26,431
        5,565,497
Total Common Stocks
(Cost $21,200,543)
    20,546,827
FOREIGN COMMON STOCKS — 0.1%
Ireland — 0.1%    
Aon PLC Class A 433   123,738
Seagate Technology Holdings PLC 484   39,940
        163,678
Jersey — 0.0%    
Amcor PLC 2,787   32,301
Clarivate PLC* 130   2,847
        35,148
Switzerland — 0.0%    
Chubb, Ltd. 546   94,720
Total Foreign Common Stocks
(Cost $278,847)
    293,546
PREFERRED STOCKS — 1.7%
AGNC Investment Corporation      
(Variable, ICE LIBOR USD 3M + 4.70%), 6.13% † 11,804   297,933
AMG Capital Trust II      
5.15%, 10/15/37 CONV 13,947   829,846
Bunge, Ltd.      
4.88%  CONV 3,500   419,825
Cowen, Inc.      
5.63%  CONV 320   435,740
Fluor Corporation      
6.50% 144A  CONV 576   574,906
MFA Financial, Inc.      
(Variable, ICE LIBOR USD 3M + 5.35%), 6.50% † 20,886   513,378
NCR Corporation      
5.50%  CONV 250   369,870
New Residential Investment Corporation      
(Variable, U.S. Treasury Yield Curve Rate CMT 5Y + 6.22%), 0.00% † * 7,755   194,883
(Variable, ICE LIBOR USD 3M + 4.97%), 6.38% † 20,512   479,776
New York Community Capital Trust V      
6.00%, 11/01/51 CONV 15,402   812,147
New York Mortgage Trust, Inc.      
(Variable, U.S. SOFR + 6.13%), 6.88% † 11,165   276,892
RBC Bearings, Inc.      
0.00%, 10/15/24 CONV * 1,916   213,576
    Shares   Value
Ready Capital Corporation      
7.00%, 08/15/23 CONV 11,500   $309,925
Total Preferred Stocks
(Cost $5,738,379)
    5,728,697
FOREIGN PREFERRED STOCKS — 0.2%
Canada — 0.1%    
Algonquin Power & Utilities Corporation      
7.75%, 06/15/24 CONV 6,766   327,610
Jersey — 0.1%    
Clarivate PLC      
5.25%, 06/01/24 CONV 2,815   244,032
Total Foreign Preferred Stocks
(Cost $620,160)
    571,642
RIGHTS — 0.0%
Alder Biopharmaceuticals, Inc.
††† *
(Cost $3,154)
3,505   7,010
MUTUAL FUNDS — 0.4%
ProShares Short 20+ Year Treasury
*
(Cost $1,395,109)
79,498   1,326,027
MONEY MARKET FUNDS — 36.2%
GuideStone Money Market Fund, 0.00%
(Institutional Class)Ø ∞
15,477,811   15,477,811
Northern Institutional U.S. Government Portfolio (Shares), 0.00%Ø 104,893,086   104,893,086
Total Money Market Funds
(Cost $120,370,897)
    120,370,897
TOTAL INVESTMENTS  —98.0%
(Cost $326,761,014)
    325,611,102
COMMON STOCKS SOLD SHORT — (5.3)%
Communication Services — (0.3)%    
Cable One, Inc. (133)   (241,146)
DISH Network Corporation Class A * (4,897)   (212,824)
fuboTV, Inc. * (3,108)   (74,468)
iQIYI, Inc. ADR * (2,777)   (22,299)
Magnite, Inc. * (5,475)   (153,300)
Spotify Technology SA * (398)   (89,685)
TripAdvisor, Inc. * (2,500)   (84,625)
Zillow Group, Inc. Class C * (3,120)   (274,997)
        (1,153,344)
Consumer Discretionary — (0.8)%    
2U, Inc. * (7,842)   (263,256)
Burlington Stores, Inc. * (1,174)   (332,911)
Callaway Golf Co. * (11,981)   (331,035)
Cheesecake Factory, Inc. (The) * (1,634)   (76,798)
GoPro, Inc. Class A * (18,150)   (169,884)
Groupon, Inc. * (2,535)   (57,823)
Huazhu Group, Ltd. ADR * (7,157)   (328,220)
NIO, Inc. ADR * (1,989)   (70,868)
Porch Group, Inc. * (3,852)   (68,103)
 
194

    Shares   Value
RealReal, Inc. (The) * (6,579)   $(86,711)
Royal Caribbean Cruises, Ltd. * (4,525)   (402,499)
Stride, Inc. * (6,144)   (220,816)
Vroom, Inc. * (2,357)   (52,019)
Winnebago Industries, Inc. (3,881)   (281,179)
        (2,742,122)
Consumer Staples — (0.1)%    
Beyond Meat, Inc. * (511)   (53,788)
Bunge, Ltd. (1,969)   (160,119)
Chefs' Warehouse, Inc. (The) * (6,100)   (198,677)
        (412,584)
Energy — (0.2)%    
Centennial Resource Development, Inc. Class A * (59,727)   (400,171)
Helix Energy Solutions Group, Inc. * (24,072)   (93,399)
SFL Corporation, Ltd. (6,100)   (51,118)
        (544,688)
Financials — (0.4)%    
Affiliated Managers Group, Inc. (796)   (120,268)
Coinbase Global, Inc. Class A * (363)   (82,575)
Cowen, Inc. Class A (9,600)   (329,376)
Encore Capital Group, Inc. * (5,325)   (262,363)
PRA Group, Inc. * (3,880)   (163,503)
SoFi Technologies, Inc. * (3,225)   (51,213)
WisdomTree Investments, Inc. (43,027)   (243,963)
        (1,253,261)
Health Care — (0.8)%    
Alphatec Holdings, Inc. * (6,867)   (83,709)
Avid Bioservices, Inc. * (7,157)   (154,376)
Bridgebio Pharma, Inc. * (3,196)   (149,797)
Coherus Biosciences, Inc. * (17,152)   (275,633)
Exact Sciences Corporation * (2,661)   (253,992)
Flexion Therapeutics, Inc. * (1,846)   (11,261)
Gossamer Bio, Inc. * (21,486)   (270,079)
Halozyme Therapeutics, Inc. * (3,825)   (155,601)
Innoviva, Inc. * (10,525)   (175,873)
Insmed, Inc. * (10,212)   (281,238)
Ionis Pharmaceuticals, Inc. * (1,514)   (50,780)
Ligand Pharmaceuticals, Inc. * (200)   (27,864)
Radius Health, Inc. * (1,603)   (19,893)
Tabula Rasa HealthCare, Inc. * (2,550)   (66,835)
Travere Therapeutics, Inc. * (4,764)   (115,527)
Vocera Communications, Inc. * (6,150)   (281,424)
Zogenix, Inc. * (8,657)   (131,500)
        (2,505,382)
Industrials — (0.6)%    
Air Transport Services Group, Inc. * (8,000)   (206,480)
Bloom Energy Corporation Class A * (9,964)   (186,526)
Fluor Corporation * (14,243)   (227,461)
FTI Consulting, Inc. * (2,560)   (344,832)
Greenbrier Cos., Inc. (The) (5,605)   (240,959)
Kaman Corporation (1,334)   (47,584)
Meritor, Inc. * (2,754)   (58,688)
Middleby Corporation (The) * (2,140)   (364,891)
    Shares   Value
RBC Bearings, Inc. * (649)   $(137,718)
Spirit Airlines, Inc. * (2,965)   (76,912)
Sunrun, Inc. * (1,824)   (80,256)
Upwork, Inc. * (2,333)   (105,055)
        (2,077,362)
Information Technology — (1.5)%    
21Vianet Group, Inc. ADR * (2,621)   (45,370)
8x8, Inc. * (5,833)   (136,434)
Avaya Holdings Corporation * (5,659)   (111,992)
Bentley Systems, Inc. Class B (2,087)   (126,556)
BigCommerce Holdings, Inc. Series 1 * (1,605)   (81,277)
Ceridian HCM Holding, Inc. * (1,741)   (196,071)
Enphase Energy, Inc. * (1,129)   (169,316)
Envestnet, Inc. * (2,011)   (161,363)
Everbridge, Inc. * (1,481)   (223,690)
Fastly, Inc. Class A * (1,598)   (64,623)
I3 Verticals, Inc. Class A * (6,523)   (157,922)
II-VI, Inc. * (3,716)   (220,582)
Infinera Corporation * (24,976)   (207,800)
Jamf Holding Corporation * (2,140)   (82,433)
Lumentum Holdings, Inc. * (3,623)   (302,666)
MACOM Technology Solutions Holdings, Inc. * (2,282)   (148,033)
MicroStrategy, Inc. Class A * (231)   (133,610)
Mitek Systems, Inc. * (11,592)   (214,452)
NCR Corporation * (5,464)   (211,785)
New Relic, Inc. * (1,068)   (76,650)
OSI Systems, Inc. * (1,680)   (159,264)
Progress Software Corporation (3,360)   (165,278)
Q2 Holdings, Inc. * (2,014)   (161,402)
Sabre Corporation * (29,456)   (348,759)
Splunk, Inc. * (851)   (123,148)
Verint Systems, Inc. * (4,899)   (219,426)
Vonage Holdings Corporation * (10,462)   (168,648)
Workiva, Inc. * (4,892)   (689,576)
        (5,108,126)
Real Estate — (0.4)%    
iStar, Inc. REIT (19,154)   (480,382)
Pebblebrook Hotel Trust REIT (15,458)   (346,414)
Realogy Holdings Corporation * (8,678)   (152,212)
Redfin Corporation * (1,388)   (69,539)
Summit Hotel Properties, Inc. REIT * (25,240)   (243,061)
        (1,291,608)
Utilities — (0.2)%    
NRG Energy, Inc. (7,242)   (295,691)
Sunnova Energy International, Inc. * (7,243)   (238,584)
        (534,275)
Total Common Stocks Sold Short
(Proceeds $(17,818,182))
    (17,622,752)
FOREIGN COMMON STOCKS SOLD SHORT — (0.2)%
Canada — (0.1)%    
Algonquin Power & Utilities Corporation (13,146)   (192,721)
195

STRATEGIC ALTERNATIVES FUND
SCHEDULE OF INVESTMENTS (Continued)
    Shares   Value
Ireland — (0.1)%    
Jazz Pharmaceuticals PLC * (1,933)   $(251,696)
Jersey — (0.0)%    
Clarivate PLC * (7,507)   (164,403)
Total Foreign Common Stocks Sold Short
(Proceeds $(735,101))
    (608,820)
TOTAL SECURITIES SOLD SHORT  —(5.5)%
(Proceeds $(18,553,283))
    (18,231,572)
    
  Number of
Contracts
  Notional
Amount
 
WRITTEN OPTIONS — (0.0)%
Call Options — (0.0)%
2U, Inc., Strike Price
$45.00, Expires
10/15/21 (Evercore)
(22)   $(73,854) (110)
Avid Bioservices, Inc., Strike Price
$25.00, Expires
10/15/21 (Evercore)
(21)   (45,297) (378)
Beyond Meat, Inc., Strike Price
$115.00, Expires
11/19/21 (Evercore)
(3)   (31,578) (1,493)
Bloom Energy Corporation, Strike Price
$21.00, Expires
10/15/21 (Evercore)
(25)   (46,800) (450)
Burlington Stores, Inc., Strike Price
$300.00, Expires
10/15/21 (Evercore)
(4)   (113,428) (1,400)
Coinbase Global, Inc., Strike Price
$250.00, Expires
10/15/21 (Evercore)
(2)   (45,496) (430)
Enphase Energy, Inc., Strike Price
$175.00, Expires
10/15/21 (Evercore)
(5)   (74,985) (300)
Everbridge, Inc., Strike Price
$150.00, Expires
10/15/21 (Evercore)
(4)   (60,416) (2,040)
Exact Sciences, Inc., Strike Price
$120.00, Expires
10/15/21 (Evercore)
(9)   (85,905) (270)
  Number of
Contracts
  Notional
Amount
  Value
Fastly, Inc., Strike Price
$40.00, Expires
11/19/21 (Evercore)
(14)   $(56,616)   $(6,125)
fuboTV Inc., Strike Price
$27.00, Expires
10/15/21 (Evercore)
(22)   (52,712)   (1,056)
II-VI, Inc., Strike Price
$70.00, Expires
10/15/21 (Evercore)
(11)   (65,296)   (55)
Insmed, Inc., Strike Price
$28.00, Expires
10/15/21 (Evercore)
(38)   (104,652)   (4,655)
New Relic, Inc., Strike Price
$75.00, Expires
11/19/21 (Evercore)
(12)   (86,124)   (5,532)
Realreal Inc., Strike Price
$15.00, Expires
10/15/21 (Evercore)
(31)   (40,858)   (775)
Redfin, Inc., Strike Price
$50.00, Expires
11/19/21 (Evercore)
(8)   (40,080)   (3,760)
Sabre Corp, Inc., Strike Price
$11.00, Expires
10/15/21 (Evercore)
(89)   (105,376)   (8,677)
Sunnova Energy International, Inc., Strike Price
$35.00, Expires
10/15/21 (Evercore)
(24)   (79,056)   (2,280)
Tabula Rasa Healthcare, Inc., Strike Price
$35.00, Expires
10/15/21 (Evercore)
(14)   (36,694)   (896)
Upwork, Inc., Strike Price
$45.00, Expires
12/17/21 (Evercore)
(10)   (45,030)   (5,100)
Workiva, Inc., Strike Price
$145.00, Expires
10/15/21 (Evercore)
(12)   (169,152)   (3,450)
 
196

  Number of
Contracts
  Notional
Amount
  Value
Zillow Group, Inc., Strike Price
$95.00, Expires
11/19/21 (Evercore)
(10)   $(88,140)   $(4,350)
          (53,582)
Call Swaptions — (0.0)%
Pay 0.346% (Annually); Receive 1-Day SONIA (Annually); Interest Rate Swap Maturing 11/09/2051 GBP, Strike Price
$0.35, Expires
11/09/51 (CITI)
(1)   (870,000)   (76)
Pay 0.379% (Annually); Receive 1-Day SONIA (Annually); Interest Rate Swap Maturing 10/10/2032 GBP, Strike Price
$0.38, Expires
10/10/32 (CITI)
(1)   (850,000)   (6,614)
Pay 0.425% (Annually); Receive 1-Day SONIA (Annually); Interest Rate Swap Maturing 10/10/2032 GBP, Strike Price
$0.42, Expires
10/10/32 (CITI)
(1)   (780,000)   (6,904)
Pay 0.553% (Annually); Receive 1-Day SONIA (Annually); Interest Rate Swap Maturing 11/15/2032 GBP, Strike Price
$0.55, Expires
11/15/32 (CITI)
(1)   (900,000)   (11,159)
Pay 0.599% (Annually); Receive 1-Day SONIA (Annually); Interest Rate Swap Maturing 11/16/2032 GBP, Strike Price
$0.60, Expires
11/16/32 (MSCS)
(1)   (820,000)   (12,232)
  Number of
Contracts
  Notional
Amount
  Value
Pay 0.849% (Semiannually); Receive 3-Month LIBOR (Quarterly); Interest Rate Swap Maturing 2/24/2032 USD, Strike Price
$0.85, Expires
02/24/32 (CITI)
(1)   $(2,380,000)   $(2,803)
Pay 1.124% (Semiannually); Receive 3-Month LIBOR (Quarterly); Interest Rate Swap Maturing 1/11/2032 USD, Strike Price
$1.12, Expires
01/11/32 (CITI)
(1)   (2,380,000)   (5,221)
Pay 6-Month EURIBOR (Semiannually); Receive -0.075% (Annually); Interest Rate Swap Maturing 11/22/2026 EUR, Strike Price
$0.08, Expires
11/22/26 (BOA)
(1)   (5,330,000)   (6,166)
Pay 6-Month EURIBOR (Semiannually); Receive -0.107% (Annually); Interest Rate Swap Maturing 5/30/2027 EUR, Strike Price
$0.11, Expires
05/30/27 (BNP)
(1)   (3,450,000)   (25,693)
          (76,868)
Total Written Options
(Premiums received $ (313,699))
      (130,450)
Other Assets in Excess of
Liabilities — 7.5%
      24,870,191
NET ASSETS — 100.0%       $332,119,271
Futures Contracts outstanding at September 30, 2021:
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
Euro-OAT   12/2021   (3)   $(576,685)   $7,694
197

STRATEGIC ALTERNATIVES FUND
SCHEDULE OF INVESTMENTS (Continued)
Future Type   Expiration Date   Open Long
(Short) Contracts
  Notional
Market Value
of Contracts
  Value and
Unrealized
Appreciation
(Depreciation)
Euro-Bobl   12/2021   (2)   $(312,592)   $1,837
Euro-Bund   12/2021   6   1,180,266   5,397
10-Year Commonwealth Treasury Bond   12/2021   (8)   (818,221)   781
Australian Dollars/U.S. Dollars   12/2021   (258)   (18,663,720)   322,992
British Pounds/U.S. Dollars   12/2021   (8)   (673,750)   14,375
Canadian Dollars/U.S. Dollars   12/2021   (15)   (1,184,850)   (1,875)
Euro/U.S. Dollars   12/2021   (183)   (26,535,000)   537,122
Japanese Yen/U.S. Dollars   12/2021   (7)   (785,837)   6,634
Mexican Pesos/U.S. Dollars   12/2021   (36)   (863,820)   21,552
New Zealand Dollars/U.S. Dollars   12/2021   (13)   (897,585)   14,361
South African Rand/U.S. Dollars   12/2021   (27)   (886,613)   22,494
Swiss Francs/U.S. Dollars   12/2021   (1)   (134,275)   1,462
U.S. Dollars/Czech Republic Koruna   12/2021   1   100,240   2,083
U.S. Dollars/Norwegian Kroner   12/2021   1   100,029   359
U.S. Dollars/Swedish Kroner   12/2021   7   699,744   7,930
E-Mini Dow   12/2021   38   6,407,180   (185,640)
10-Year Bond   12/2021   (13)   (1,469,248)   37,143
10-Year U.S. Treasury Note   12/2021   21   2,763,797   19,745
U.S. Treasury Long Bond   12/2021   (2)   (318,438)   871
Ultra 10-Year U.S. Treasury Note   12/2021   1   145,250   (2,040)
Ultra Long U.S. Treasury Bond   12/2021   (46)   (8,788,875)   192,991
Long GILT   12/2021   (3)   (505,881)   11,234
2-Year U.S. Treasury Note   12/2021   (15)   (3,300,820)   1,875
5-Year U.S. Treasury Note   12/2021   (37)   (4,541,461)   (18)
NASDAQ 100 E-Mini   12/2021   22   6,460,300   (408,557)
S&P 500® E-Mini   12/2021   77   16,546,338   (766,797)
Total Futures Contracts outstanding at September 30, 2021           $(36,854,527)   $(133,995)
Forward Foreign Currency Contracts outstanding at September 30, 2021:
Expiration Date   Currency
Purchased
  Amount
of Currency
Purchased
  Currency
Sold
  Amount
of Currency
Sold
  Counter-
party
  Net Unrealized
Appreciation
(Depreciation)
12/15/21   U.S. Dollars   9,634,297   Euro   8,142,265   MSCS   $186,780
12/15/21   U.S. Dollars   5,206,740   British Pounds   3,778,589   MSCS   114,669
11/24/21   U.S. Dollars   4,457,328   Euro   3,765,293   MSCS   91,050
12/15/21   U.S. Dollars   2,625,515   Turkish Lira   23,491,364   MSCS   88,998
12/15/21   U.S. Dollars   6,813,154   Japanese Yen   750,267,904   MSCS   66,840
12/15/21   U.S. Dollars   2,589,472   New Zealand Dollars   3,672,454   MSCS   55,763
06/14/22   U.S. Dollars   979,000   Turkish Lira   9,446,860   MSCS   50,276
12/15/21   U.S. Dollars   3,450,657   Swiss Francs   3,167,875   MSCS   44,502
12/15/21   U.S. Dollars   735,057   South African Rand   10,652,190   MSCS   35,249
12/15/21   U.S. Dollars   2,220,857   Swedish Kronor   19,138,729   MSCS   32,901
10/29/21   U.S. Dollars   1,630,046   Swedish Kronor   13,991,072   MSCS   31,534
11/15/21   Russian Rubles   107,811,313   U.S. Dollars   1,441,328   MSCS   28,905
10/27/21   U.S. Dollars   772,074   British Pounds   553,982   MSCS   25,614
11/15/21   U.S. Dollars   1,737,886   South Korean Won   2,032,140,111   MSCS   23,308
11/12/21   U.S. Dollars   846,017   Chilean Pesos   670,176,434   MSCS   22,934
12/15/21   Canadian Dollars   1,857,867   Euro   1,248,043   MSCS   18,712
12/15/21   Norwegian Kroner   10,643,483   Euro   1,035,741   MSCS   14,973
12/15/21   U.S. Dollars   489,473   Mexican Pesos   9,915,733   MSCS   14,451
10/29/21   U.S. Dollars   419,907   Mexican Pesos   8,425,043   MSCS   13,545
198

Expiration Date   Currency
Purchased
  Amount
of Currency
Purchased
  Currency
Sold
  Amount
of Currency
Sold
  Counter-
party
  Net Unrealized
Appreciation
(Depreciation)
11/01/21   Norwegian Kroner   10,995,243   U.S. Dollars   1,244,165   MSCS   $13,309
12/15/21   U.S. Dollars   1,245,376   Norwegian Kroner   10,809,297   MSCS   9,671
11/16/21   U.S. Dollars   716,389   Polish Zloty   2,812,208   MSCS   9,422
12/15/21   U.S. Dollars   3,481,752   Canadian Dollars   4,399,293   MSCS   8,422
12/15/21   U.S. Dollars   252,037   Thai Baht   8,248,917   MSCS   8,342
12/07/21   U.S. Dollars   979,018   Indian Rupees   72,629,507   MSCS   8,286
12/15/21   U.S. Dollars   476,201   Australian Dollars   648,360   MSCS   7,287
11/01/21   U.S. Dollars   235,525   Swiss Francs   213,000   MSCS   6,788
12/15/21   Chinese Offshore Yuan   20,690,575   U.S. Dollars   3,182,490   MSCS   6,672
11/17/21   U.S. Dollars   443,787   Japanese Yen   48,633,797   MSCS   6,659
10/12/21   U.S. Dollars   1,455,035   Taiwan Dollars   40,321,981   MSCS   6,013
10/04/21   U.S. Dollars   245,158   Brazilian Reals   1,304,075   MSCS   5,842
11/16/21   Indonesian Rupiahs   6,733,935,817   U.S. Dollars   462,464   MSCS   5,208
11/08/21   U.S. Dollars   401,877   South African Rand   6,009,000   MSCS   5,014
11/12/21   U.S. Dollars   1,455,569   Canadian Dollars   1,838,053   MSCS   4,492
11/12/21   U.S. Dollars   373,977   Czech Republic Koruna   8,096,331   MSCS   4,477
12/15/21   Euro   208,079   Hungarian Forint   74,022,191   MSCS   3,497
11/15/21   U.S. Dollars   72,888   Hungarian Forint   21,846,000   MSCS   2,601
11/16/21   U.S. Dollars   478,172   Indonesian Rupiahs   6,855,602,135   MSCS   2,050
11/17/21   Russian Rubles   54,236,893   U.S. Dollars   737,344   MSCS   2,019
12/15/21   Swiss Francs   225,270   Euro   207,031   MSCS   1,994
11/12/21   U.S. Dollars   621,060   Australian Dollars   856,617   MSCS   1,654
12/15/21   Australian Dollars   531,882   U.S. Dollars   383,159   MSCS   1,515
12/15/21   U.S. Dollars   249,658   Israeli Shekels   799,756   MSCS   1,403
10/18/21   U.S. Dollars   490,015   Taiwan Dollars   13,592,029   MSCS   1,275
12/15/21   Australian Dollars   486,476   New Zealand Dollars   508,355   MSCS   1,109
12/15/21   Swedish Kronor   1,557,624   U.S. Dollars   177,279   MSCS   790
12/15/21   Canadian Dollars   206,004   U.S. Dollars   161,863   MSCS   781
12/15/21   South African Rand   3,742,974   U.S. Dollars   245,312   MSCS   587
11/15/21   U.S. Dollars   244,832   Russian Rubles   17,920,961   MSCS   442
12/15/21   Euro   208,258   Polish Zloty   959,724   MSCS   399
12/15/21   Euro   417,279   Swedish Kronor   4,232,296   MSCS   332
11/24/21   U.S. Dollars   70,778   New Zealand Dollars   102,106   MSCS   317
11/08/21   Singapore Dollars   103,302   U.S. Dollars   75,963   MSCS   110
Subtotal Appreciation                   $1,099,783
11/16/21   U.S. Dollars   74,135   Hong Kong Dollars   577,594   MSCS   $(72)
12/15/21   Australian Dollars   680,773   New Zealand Dollars   713,804   MSCS   (113)
12/15/21   Chinese Offshore Yuan   1,589,535   U.S. Dollars   245,198   MSCS   (193)
12/15/21   U.S. Dollars   72,649   New Zealand Dollars   105,768   MSCS   (323)
12/15/21   Japanese Yen   53,361,343   Euro   413,885   MSCS   (415)
11/17/21   Russian Rubles   17,958,397   U.S. Dollars   245,285   MSCS   (474)
12/15/21   U.S. Dollars   61,059   Norwegian Kroner   538,508   MSCS   (503)
12/15/21   U.S. Dollars   141,365   Swiss Francs   131,962   MSCS   (522)
12/15/21   U.S. Dollars   399,140   British Pounds   296,775   MSCS   (798)
12/15/21   U.S. Dollars   489,770   Singapore Dollars   666,210   MSCS   (799)
12/15/21   Swiss Francs   100,359   U.S. Dollars   108,709   MSCS   (801)
12/15/21   Euro   207,641   Czech Republic Koruna   5,302,723   MSCS   (884)
12/15/21   U.S. Dollars   489,837   Thai Baht   16,612,205   MSCS   (932)
12/15/21   U.S. Dollars   994,967   Canadian Dollars   1,261,445   MSCS   (969)
11/24/21   New Zealand Dollars   341,018   U.S. Dollars   236,387   MSCS   (1,060)
12/15/21   Polish Zloty   959,419   Euro   208,762   MSCS   (1,061)
12/15/21   Euro   418,935   Swiss Francs   453,304   MSCS   (1,308)
11/08/21   South African Rand   2,240,288   U.S. Dollars   149,829   MSCS   (1,869)
12/15/21   Norwegian Kroner   2,105,452   Euro   209,155   MSCS   (1,991)
12/15/21   U.S. Dollars   810,265   Japanese Yen   90,362,814   MSCS   (2,266)
199

STRATEGIC ALTERNATIVES FUND
SCHEDULE OF INVESTMENTS (Continued)
Expiration Date   Currency
Purchased
  Amount
of Currency
Purchased
  Currency
Sold
  Amount
of Currency
Sold
  Counter-
party
  Net Unrealized
Appreciation
(Depreciation)
10/18/21   Taiwan Dollars   13,536,482   U.S. Dollars   489,831   MSCS   $(3,088)
11/12/21   Australian Dollars   1,600,629   U.S. Dollars   1,160,479   MSCS   (3,089)
11/17/21   Japanese Yen   25,938,328   U.S. Dollars   236,689   MSCS   (3,551)
12/15/21   Euro   620,765   Australian Dollars   1,001,006   MSCS   (3,681)
11/12/21   Czech Republic Koruna   7,091,000   U.S. Dollars   327,540   MSCS   (3,921)
12/15/21   Turkish Lira   1,321,287   U.S. Dollars   146,717   MSCS   (4,049)
12/15/21   Thai Baht   5,672,132   U.S. Dollars   171,974   MSCS   (4,404)
11/15/21   U.S. Dollars   233,701   Russian Rubles   17,463,920   MSCS   (4,456)
11/15/21   Hungarian Forint   37,657,572   U.S. Dollars   125,642   MSCS   (4,483)
12/15/21   U.S. Dollars   1,414,204   Chinese Offshore Yuan   9,206,693   MSCS   (4,879)
12/15/21   Hungarian Forint   32,344,219   U.S. Dollars   108,952   MSCS   (4,984)
11/17/21   U.S. Dollars   233,021   Russian Rubles   17,513,951   MSCS   (5,731)
11/12/21   Canadian Dollars   2,395,823   U.S. Dollars   1,897,271   MSCS   (5,854)
12/15/21   Swedish Kronor   4,314,087   U.S. Dollars   499,698   MSCS   (6,507)
11/01/21   Swiss Francs   207,059   U.S. Dollars   228,955   MSCS   (6,599)
11/16/21   Polish Zloty   2,039,000   U.S. Dollars   519,420   MSCS   (6,831)
12/15/21   Hungarian Forint   147,738,438   Euro   415,401   MSCS   (7,098)
10/04/21   Brazilian Reals   1,295,027   U.S. Dollars   244,760   MSCS   (7,105)
10/12/21   Taiwan Dollars   40,285,239   U.S. Dollars   1,455,494   MSCS   (7,793)
11/15/21   South Korean Won   1,436,973,284   U.S. Dollars   1,220,682   MSCS   (8,264)
12/15/21   Canadian Dollars   2,729,057   U.S. Dollars   2,163,944   MSCS   (9,300)
12/15/21   British Pounds   887,830   Euro   1,039,554   MSCS   (9,752)
12/15/21   Norwegian Kroner   11,463,163   U.S. Dollars   1,321,330   MSCS   (10,877)
11/01/21   U.S. Dollars   1,620,987   Norwegian Kroner   14,298,377   MSCS   (14,252)
11/12/21   Chilean Pesos   377,436,756   U.S. Dollars   477,956   MSCS   (14,404)
10/27/21   British Pounds   358,875   U.S. Dollars   500,158   MSCS   (16,593)
12/15/21   Czech Republic Koruna   21,942,612   U.S. Dollars   1,020,233   MSCS   (19,623)
10/29/21   Mexican Pesos   12,421,871   U.S. Dollars   619,111   MSCS   (19,971)
12/15/21   Polish Zloty   2,250,032   U.S. Dollars   588,891   MSCS   (23,305)
12/15/21   South African Rand   10,807,328   U.S. Dollars   734,928   MSCS   (24,928)
12/07/21   Indian Rupees   158,627,721   U.S. Dollars   2,145,595   MSCS   (25,450)
10/29/21   Swedish Kronor   14,285,000   U.S. Dollars   1,664,290   MSCS   (32,197)
12/15/21   British Pounds   1,937,590   U.S. Dollars   2,644,455   MSCS   (33,336)
12/14/21   Turkish Lira   8,664,150   U.S. Dollars   979,000   MSCS   (42,946)
12/15/21   Japanese Yen   492,301,990   U.S. Dollars   4,493,400   MSCS   (66,683)
12/15/21   Australian Dollars   5,820,072   U.S. Dollars   4,279,234   MSCS   (69,975)
11/24/21   Euro   3,937,176   U.S. Dollars   4,660,801   MSCS   (95,206)
12/15/21   New Zealand Dollars   8,815,624   U.S. Dollars   6,257,017   MSCS   (174,918)
12/15/21   Euro   7,044,210   U.S. Dollars   8,358,931   MSCS   (185,490)
Subtotal Depreciation                   $(1,012,926)
Total Forward Foreign Currency Contracts outstanding at September 30, 2021       $86,857
Swap Agreements outstanding at September 30, 2021:
Pay Rate Index/Pay Rate   Receive
Rate/Receive
Rate Index
  Maturity
Date
  Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
Centrally Cleared Interest Rate Swaps                        
3-Month New Zealand BBR FRA (Quarterly)   1.25% (Semiannually)   9/15/2022   NZD   7,410,000   $2,354   $253   $2,101
3-Month New Zealand BBR FRA (Quarterly)   1.25% (Semiannually)   12/15/2022   NZD   3,850,000   (784)   (4,266)   3,482
5.80% (Upon termination)   1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   1/2/2023   BRL   11,831,599   62,062   7,701   54,361
200

Pay Rate Index/Pay Rate   Receive
Rate/Receive
Rate Index
  Maturity
Date
  Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
3-Month ASX BBSW (Quarterly)   0.19% (Quarterly)   2/22/2023   AUD   41,140,000   $4,315   $(23,072)   $27,387
1.25% (Quarterly)   3-Month KWCDC (Quarterly)   9/15/2023   KRW   8,413,300,000   41,497   15,115   26,382
7-Day CFETS Repo Rate (Quarterly)   2.50% (Quarterly)   9/15/2023   CNY   198,641,989   117,433   85,390   32,043
0.50% (Semiannually)   3-Month LIBOR (Quarterly)   9/21/2023   USD   19,170,000   10,804   (4,038)   14,842
6.20% (Lunar)   28-Day Mexico Interbank TIIE (Lunar)   12/13/2023   MXN   86,330,000   33,952   (2,042)   35,994
(0.50)% (Annually)   1-Day ESTR (Annually)   12/15/2023   EUR   12,270,000   (5,618)   (11,134)   5,516
0.30% (Quarterly)   3-Month ASX BBSW (Quarterly)   12/15/2023   AUD   9,420,000   6,699   4,257   2,442
1.00% (Semiannually)   3-Month CDOR (Semiannually)   12/15/2023   CAD   11,880,000   16,228   11,862   4,366
1.50% (Quarterly)   3-Month KWCDC (Quarterly)   12/15/2023   KRW   5,455,690,000   14,183   2,152   12,031
2.65% (Annually)   6-Month BUBOR (Semiannually)   12/15/2023   HUF   4,029,360,000   29,607   8,253   21,354
2.70% (Annually)   6-Month PRIBOR (Semiannually)   12/15/2023   CZK   514,780,000   62,409   (22,331)   84,740
4.30% (Semiannually)   1-Day CLP-TNA (Semiannually)   12/15/2023   CLP   5,121,300,000   28,185   (1,191)   29,376
4.90% (Quarterly)   1-Day COP-IBR-OIS (Quarterly)   12/15/2023   COP   15,674,830,000   21,096   (3,537)   24,633
1.50% (Quarterly)   3-Month KWCDC (Quarterly)   3/16/2024   KRW   20,069,380,000   79,792   46,403   33,389
6.32% (Upon termination)   1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   1/2/2025   BRL   13,638,031   243,468   29,978   213,490
0.27% (Annually)   1-Day SONIA (Annually)   6/17/2025   GBP   10,000   192   (174)   366
6-Month THBFIX (Semiannually)   0.75% (Semiannually)   12/16/2025   THB   87,850,000   (15,614)   (21,848)   6,234
1-Day MIBOR (Semiannually)   5.50% (Semiannually)   9/15/2026   INR   245,090,000   28,478   (11,246)   39,724
6.70% (Lunar)   28-Day Mexico Interbank TIIE (Lunar)   12/9/2026   MXN   85,770,000   84,690   200   84,490
(0.25)% (Annually)   6-Month EURIBOR (Semiannually)   12/15/2026   EUR   8,190,000   40,493   (20,675)   61,168
(0.25)% (Annually)   1-Day ESTR (Annually)   12/15/2026   EUR   5,650,000   (26,909)   (62,948)   36,039
(0.50)% (Annually)   Swiss Average Overnight Rate (Annually)   12/15/2026   CHF   550,000   5,351   1,338   4,013
0.00% (Annually)   Bank of Japan Unsecured Overnight Call Rate (Annually)   12/15/2026   JPY   3,487,650,000   (31,152)   (68,742)   37,590
1.70% (Annually)   6-Month WIBOR (Semiannually)   12/15/2026   PLN   2,875,000   9,450   540   8,910
8.50% (Upon termination)   1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   1/4/2027   BRL   11,817,325   175,217   (32,404)   207,621
9.90% (Upon termination)   1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   1/4/2027   BRL   935,113   4,547   (500)   5,047
2.81% (Annually)   6-Month BUBOR (Semiannually)   9/21/2027   HUF   1,393,475,000   101,881   (17,899)   119,780
1.68% (Semiannually)   3-Month CDOR (Semiannually)   8/22/2028   CAD   17,030,000   244,353   (17,478)   261,831
1.24% (Annually)   6-Month NIBOR (Semiannually)   10/29/2030   NOK   68,420,000   292,612   213,587   79,025
1.00% (Annually)   1-Day SONIA (Annually)   2/10/2031   GBP   5,250,000   22,784   (95,038)   117,822
3-Month STIBOR (Quarterly)   1.27% (Annually)   5/11/2031   SEK   31,670,000   1,398   (4,155)   5,553
1.75% (Quarterly)   3-Month KWCDC (Quarterly)   9/15/2031   KRW   934,120,000   13,092   (8,035)   21,127
2.50% (Semiannually)   3-Month LIBOR (Quarterly)   9/17/2031   USD   7,790,000   (159,083)   (251,878)   92,795
1.50% (Semiannually)   3-Month LIBOR (Quarterly)   9/24/2031   USD   4,320,000   109,254   54,869   54,385
7.15% (Lunar)   28-Day Mexico Interbank TIIE (Lunar)   12/3/2031   MXN   30,820,000   41,192   (793)   41,985
0.00% (Annually)   Bank of Japan Unsecured Overnight Call Rate (Annually)   12/15/2031   JPY   1,677,030,000   98,471   53,617   44,854
0.00% (Annually)   6-Month EURIBOR (Semiannually)   12/15/2031   EUR   680,000   14,652   1,425   13,227
0.75% (Annually)   1-Day SONIA (Annually)   12/15/2031   GBP   8,670,000   212,724   (116,664)   329,388
1.30% (Annually)   3-Month TELBOR (Quarterly)   12/15/2031   ILS   3,825,000   16,604   287   16,317
1.50% (Annually)   6-Month NIBOR (Semiannually)   12/15/2031   NOK   4,780,000   21,179   7,567   13,612
2.00% (Semiannually)   3-Month CDOR (Semiannually)   12/15/2031   CAD   4,920,000   5,438   (85,435)   90,873
2.20% (Annually)   6-Month PRIBOR (Semiannually)   12/15/2031   CZK   29,850,000   31,189   (3,134)   34,323
3.05% (Annually)   6-Month BUBOR (Semiannually)   12/15/2031   HUF   598,940,000   58,683   4,477   54,206
2.00% (Semiannually)   6-Month ASX BBSW (Semiannually)   3/17/2032   AUD   1,500,000   19,739   6,624   13,115
1.63% (Annually)   1-Day SOFR (Annually)   9/22/2036   USD   16,630,000   179,087   5,100   173,987
0.61% (Annually)   6-Month EURIBOR (Semiannually)   7/22/2041   EUR   13,540,000   372,557   104,934   267,623
201

STRATEGIC ALTERNATIVES FUND
SCHEDULE OF INVESTMENTS (Continued)
Pay Rate Index/Pay Rate   Receive
Rate/Receive
Rate Index
  Maturity
Date
  Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
2.00% (Semiannually)   3-Month LIBOR (Quarterly)   12/15/2051   USD   3,970,000   $(139,748)   (343,744)   $203,996
Subtotal Appreciation                   $2,600,483   $(568,472)   $3,168,955
0.25% (Annually)   3-Month WIBOR (Quarterly)   12/16/2021   PLN   42,620,000   $(20,372)   $(2,188)   $(18,184)
1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   3.39% (Upon termination)   1/3/2022   BRL   33,647,155   (67,382)     (67,382)
1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   4.12% (Upon termination)   1/3/2022   BRL   14,754,934   31,430   62,563   (31,133)
3-Month New Zealand BBR FRA (Quarterly)   0.50% (Semiannually)   9/15/2022   NZD   111,410,000   (402,489)   (361,882)   (40,607)
1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   7.20% (Upon termination)   1/2/2023   BRL   22,194,952   (76,495)   2,179   (78,674)
1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   4.23% (Upon termination)   1/2/2023   BRL   11,656,189   (99,522)   2,673   (102,195)
3-Month CDOR (Semiannually)   0.80% (Semiannually)   2/28/2023   CAD   64,560,000   (31,097)   (6,419)   (24,678)
0.45% (Semiannually)   3-Month LIBOR (Quarterly)   6/15/2023   USD   19,010,000   (8,418)   (103)   (8,315)
3-Month CDOR (Semiannually)   1.10% (Semiannually)   6/15/2023   CAD   21,830,000   (730)   888   (1,618)
1-Day MIBOR (Semiannually)   4.29% (Semiannually)   7/23/2023   INR   588,650,000   5,550   9,987   (4,437)
3-Month CDOR (Semiannually)   1.20% (Semiannually)   9/21/2023   CAD   22,170,000   (18,282)   8,035   (26,317)
0.00% (Annually)   3-Month STIBOR (Quarterly)   12/15/2023   SEK   67,540,000   24,700   25,636   (936)
0.50% (Semiannually)   3-Month LIBOR (Quarterly)   12/15/2023   USD   5,160,000   (3,877)   (1,368)   (2,509)
6-Month EURIBOR (Semiannually)   (0.50)% (Annually)   12/15/2023   EUR   6,060,000   (13,742)   (6,246)   (7,496)
1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   7.37% (Upon termination)   1/2/2024   BRL   11,273,086   (81,425)   17,211   (98,636)
1-Day Brazil Cetip DI Interbank Deposit Rate (Upon termination)   4.93% (Upon termination)   1/2/2024   BRL   4,579,538   (65,373)   2,088   (67,461)
3-Month ASX BBSW (Quarterly)   0.50% (Quarterly)   2/24/2024   AUD   11,690,000   10,143   28,925   (18,782)
0.49% (Quarterly)   3-Month ASX BBSW (Quarterly)   6/29/2024   AUD   3,870,000   (1,909)   123   (2,032)
3-Month LIBOR (Quarterly)   1-Month LIBOR + .09% (Quarterly)   7/25/2024   USD   68,000,000   2,903   22,829   (19,926)
6-Month BUBOR (Semiannually)   2.68% (Annually)   9/21/2024   HUF   3,358,700,000   (90,922)   15,551   (106,473)
3-Month CDOR (Semiannually)   1.56% (Semiannually)   8/22/2025   CAD   24,000,000   (114,175)   11,370   (125,545)
6-Month WIBOR (Semiannually)   0.75% (Annually)   12/16/2025   PLN   8,550,000   (78,694)   (1,832)   (76,862)
2.75% (Quarterly)   7-Day CFETS Repo Rate (Quarterly)   9/15/2026   CNY   1,660,296   (3,118)   (2,898)   (220)
6-Month THBFIX (Semiannually)   1.00% (Semiannually)   9/15/2026   THB   163,225,000   (14,327)   (3,756)   (10,571)
1-Day SONIA (Annually)   0.50% (Annually)   12/15/2026   GBP   12,160,000   (229,576)   (82,566)   (147,010)
3-Month CDOR (Semiannually)   1.75% (Semiannually)   12/15/2026   CAD   3,790,000   18,235   45,678   (27,443)
3-Month LIBOR (Quarterly)   1.25% (Semiannually)   12/15/2026   USD   4,130,000   21,199   36,397   (15,198)
3-Month New Zealand BBR FRA (Quarterly)   1.75% (Semiannually)   12/15/2026   NZD   7,070,000   (45,835)   (31,017)   (14,818)
3-Month STIBOR (Quarterly)   0.25% (Annually)   12/15/2026   SEK   14,690,000   (25,475)   (21,834)   (3,641)
6-Month ASX BBSW (Semiannually)   1.25% (Semiannually)   12/15/2026   AUD   13,380,000   77,732   144,957   (67,225)
6-Month NIBOR (Semiannually)   1.50% (Annually)   12/15/2026   NOK   38,170,000   (57,053)   (1,682)   (55,371)
6-Month THBFIX (Semiannually)   1.00% (Semiannually)   3/16/2027   THB   196,440,000   (64,343)   (22,056)   (42,287)
1-Day SONIA (Annually)   0.31% (Annually)   6/17/2030   GBP   10,000   (640)   307   (947)
6-Month EURIBOR (Semiannually)   0.50% (Annually)   2/12/2031   EUR   7,240,000   28,912   139,519   (110,607)
2.13% (Annually)   6-Month NIBOR (Semiannually)   5/11/2031   NOK   28,030,000   (7,029)   6,476   (13,505)
6-Month EURIBOR (Semiannually)   0.22% (Annually)   7/22/2031   EUR   24,300,000   (380,768)   (38,713)   (342,055)
6-Month EURIBOR (Semiannually)   0.25% (Annually)   9/2/2031   EUR   6,780,000   (99,850)   (27,051)   (72,799)
3-Month HIBOR (Quarterly)   1.50% (Quarterly)   9/15/2031   HKD   4,508,144   (1,013)   5,894   (6,907)
3-Month New Zealand BBR FRA (Quarterly)   3.00% (Semiannually)   9/16/2031   NZD   780,000   7,952   19,216   (11,264)
6-Month EURIBOR (Semiannually)   0.50% (Annually)   9/16/2031   EUR   4,040,000   (1,434)   36,890   (38,324)
1-Day SOFR (Annually)   1.53% (Annually)   9/22/2031   USD   13,790,000   (151,114)   1,501   (152,615)
1-Day SONIA (Annually)   1.00% (Annually)   9/23/2031   GBP   3,580,000   (21,141)   23,185   (44,326)
1-Day CLP-TNA (Semiannually)   5.10% (Semiannually)   12/15/2031   CLP   1,502,700,000   (58,108)   (921)   (57,187)
1-Day COP-IBR-OIS (Quarterly)   6.40% (Quarterly)   12/15/2031   COP   4,960,410,000   (30,428)   3,875   (34,303)
202

Pay Rate Index/Pay Rate   Receive
Rate/Receive
Rate Index
  Maturity
Date
  Currency   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
3-Month JIBAR (Quarterly)   7.40% (Quarterly)   12/15/2031   ZAR   9,175,000   $(13,112)   $(2,933)   $(10,179)
3-Month LIBOR (Quarterly)   1.75% (Semiannually)   12/15/2031   USD   4,860,000   74,270   173,823   (99,553)
3-Month STIBOR (Quarterly)   0.75% (Annually)   12/15/2031   SEK   25,240,000   (49,172)   5,969   (55,141)
6-Month ASX BBSW (Semiannually)   2.00% (Semiannually)   12/15/2031   AUD   690,000   13,826   21,573   (7,747)
6-Month WIBOR (Semiannually)   2.00% (Annually)   12/15/2031   PLN   6,625,000   (43,732)   1,603   (45,335)
1-Day SONIA (Annually)   1.00% (Annually)   3/17/2032   GBP   1,850,000   (13,151)   (4,598)   (8,553)
3-Month STIBOR (Quarterly)   1.00% (Annually)   3/17/2032   SEK   11,860,000   (21,367)   (9,445)   (11,922)
Swiss Average Overnight Rate (Annually)   0.50% (Annually)   3/17/2032   CHF   980,000   1,040   7,406   (6,366)
1-Day SONIA (Annually)   0.40% (Annually)   6/17/2040   GBP   10,000   (1,413)   512   (1,925)
3-Month CDOR (Semiannually)   2.25% (Semiannually)   12/15/2051   CAD   6,180,000   (162,593)   83,677   (246,270)
3-Month CDOR (Semiannually)   2.18% (Semiannually)   8/22/2052   CAD   1,800,000   (86,613)   12,363   (98,976)
Subtotal Depreciation                   $(2,439,417)   $351,371   $(2,790,788)
Net Centrally Cleared Interest Rate Swaps outstanding at September 30, 2021   $161,066   $(217,101)   $378,167
Total Return Basket Swap Agreements outstanding at September 30, 2021:
Description   Maturity
Date
  Counterparty   Notional
Amount
  Market Value   Upfront
Premiums
Paid/
(Received)
  Unrealized
Appreciation
(Depreciation)
The Fund receives the total return on a portfolio of long and short equity positions and pays or receives the USFFE or plus or minus a specified spread(-7.73% to 0.15%), which is denominated in USD based on the local currencies of the positions within the swap (Monthly).*   56-60 months maturity ranging from 05/26/2026 - 09/28/2026  
GSC
  $157,315,312   $(837,004)   $—   $(837,004)
    
*The following table represents disclosures associated with the underlying components of the total return basket swap as of period end.
    
Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
10X Genomics, Inc. Class A   (286)   $41,636   $11,024   (1.32)%
3M Co.   2,364   414,693   (20,131)   2.40
A.O. Smith Corporation   4,167   254,479   (41,244)   4.93
Abbott Laboratories   7,440   878,887   (73,387)   8.77
ABIOMED, Inc.   744   242,187   (30,028)   3.59
Acadia Healthcare Co., Inc.   1,427   91,014   (2,750)   0.33
Acceleron Pharma, Inc.   (1,385)   238,358   (56,971)   6.81
Accenture PLC Class A   1,160   371,107   (24,612)   2.94
ACI Worldwide, Inc.   4,021   123,565   (7,292)   0.87
Activision Blizzard, Inc.   2,019   156,250   390   (0.05)
Adaptive Biotechnologies Corporation   (6,863)   233,273   29,914   (3.57)
Adient PLC   (1,311)   54,341   (7,750)   0.93
Adobe, Inc.   1,169   673,017   (100,571)   12.02
ADT, Inc.   (21,814)   176,475   5,999   (0.72)
Adtalem Global Education, Inc.   (4,755)   179,787   2,039   (0.24)
Advanced Drainage Systems, Inc.   128   13,846   (1,114)   0.13
Advanced Micro Devices, Inc.   1,716   176,576   (5,597)   0.67
AECOM   (1,543)   97,440   4,286   (0.51)
AES Corporation (The)   (4,185)   95,544   5,144   (0.61)
AGCO Corporation   4,052   496,492   (25,943)   3.10
Agilent Technologies, Inc.   448   70,573   (8,834)   1.06
203

STRATEGIC ALTERNATIVES FUND
SCHEDULE OF INVESTMENTS (Continued)
Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
Air Lease Corporation   793   $31,197   $20   (0.00)%
Air Products & Chemicals, Inc.   (33)   8,452   363   (0.04)
Akamai Technologies, Inc.   195   20,395   (1,716)   0.20
Alaska Air Group, Inc.   3,907   228,950   1,538   (0.18)
Albemarle Corporation   (1,322)   289,478   31,793   (3.80)
Albertsons Cos., Inc. Class A   (389)   12,110   327   (0.04)
Alcoa Corporation   (4,446)   217,587   (6,365)   0.76
Alexandria Real Estate Equities, Inc. REIT   434   82,924   (4,445)   0.53
Align Technology, Inc.   13   8,651   (794)   0.09
Allegion PLC   1,511   199,724   (16,796)   2.01
ALLETE, Inc.   (1,124)   66,900   7,753   (0.93)
Alliance Data Systems Corporation   339   34,202   2,224   (0.27)
Alliant Energy Corporation   5,466   305,987   (25,836)   3.09
Allison Transmission Holdings, Inc.   3,521   124,362   (2,232)   0.27
Ally Financial, Inc.   6,512   332,438   1,983   (0.24)
Alnylam Pharmaceuticals, Inc.   (587)   110,831   460   (0.06)
Alphabet, Inc. Class A   321   858,200   (63,433)   7.58
Alteryx, Inc. Class A   (2,277)   166,449   2,627   (0.31)
Altice U.S.A., Inc. Class A   (1,351)   27,993   8,753   (1.05)
Amedisys, Inc.   1,439   214,555   (43,796)   5.23
AMERCO   70   45,222   (582)   0.07
Ameren Corporation   169   13,689   (1,071)   0.13
American Airlines Group, Inc.   (5,583)   114,563   (1,225)   0.15
American Campus Communities, Inc. REIT   2,065   100,049   (4,761)   0.57
American Electric Power Co., Inc.   1,650   133,947   (15,229)   1.82
American Express Co.   (2,924)   489,858   (22,925)   2.74
American Financial Group, Inc.   (636)   80,028   3,102   (0.37)
American Homes 4 Rent Class A REIT   (283)   10,788   835   (0.10)
American International Group, Inc.   (10,868)   596,545   (5,653)   0.68
American Tower Corporation REIT   954   253,201   (28,746)   3.43
American Water Works Co., Inc.   165   27,892   (3,056)   0.36
Americold Realty Trust REIT   (2,885)   83,809   19,759   (2.36)
Ameriprise Financial, Inc.   (636)   167,980   3,448   (0.41)
AMETEK, Inc.   (200)   24,802   1,510   (0.18)
Amgen, Inc.   1,352   287,503   (3,993)   0.48
Amkor Technology, Inc.   2,253   56,212   (6,766)   0.81
Amphenol Corporation Class A   (790)   57,852   1,457   (0.17)
Analog Devices, Inc.   (229)   38,353   303   (0.04)
Anaplan, Inc.   2,269   138,159   (11,770)   1.41
ANSYS, Inc.   (379)   129,031   11,941   (1.43)
Anthem, Inc.   171   63,749   421   (0.05)
APA Corporation   6,692   143,410   13,133   (1.57)
Apartment Income REIT Corporation   (2,434)   118,804   4,767   (0.57)
Applied Materials, Inc.   943   121,392   (5,700)   0.68
Aptiv PLC   (1,628)   242,523   (73)   0.01
Aramark   (17,482)   574,459   6,799   (0.81)
Archer-Daniels-Midland Co.   (1,383)   82,994   (487)   0.06
Armstrong World Industries, Inc.   (476)   45,444   2,126   (0.25)
Arrowhead Pharmaceuticals, Inc.   (3,055)   190,724   8,475   (1.01)
Arthur J. Gallagher & Co.   (85)   12,635   (318)   0.04
ASGN, Inc.   237   26,814   137   (0.02)
Aspen Technology, Inc.   1,988   244,126   (9,882)   1.18
Associated Banc-Corp   6,692   143,343   10,514   (1.26)
Assurant, Inc.   (912)   143,868   10,421   (1.25)
Assured Guaranty, Ltd.   (4,326)   202,500   3,021   (0.36)
204

Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
AT&T, Inc.   (9,046)   $244,332   $3,431   (0.41)%
Atmos Energy Corporation   725   63,945   (5,800)   0.69
Autodesk, Inc.   858   244,676   (2,180)   0.26
Autoliv, Inc.   1,610   138,009   (287)   0.03
Automatic Data Processing, Inc.   763   152,539   (1,636)   0.20
Avalara, Inc.   (375)   65,539   3,406   (0.41)
AvalonBay Communities, Inc. REIT   (465)   103,063   2,024   (0.24)
Avangrid, Inc.   796   38,686   (3,507)   0.42
Avient Corporation   (2,978)   138,030   3,774   (0.45)
Avis Budget Group, Inc.   (2,115)   246,419   (53,262)   6.36
Axalta Coating Systems, Ltd.   (288)   8,407   95   (0.01)
Axis Capital Holdings, Ltd.   (3,417)   157,319   7,136   (0.85)
Axon Enterprise, Inc.   512   89,610   (3,149)   0.38
AZEK Co., Inc. (The)   (3,660)   133,700   14,086   (1.68)
Baker Hughes Co.   407   10,065   496   (0.06)
BancorpSouth Bank   6,275   186,870   4,311   (0.52)
Bank of America Corporation   (5,085)   215,858   (8,803)   1.05
Bank of Hawaii Corporation   (371)   30,485   (1,054)   0.13
Bank of New York Mellon Corporation (The)   (3,665)   189,994   3,805   (0.45)
Bank OZK   (1,115)   47,923   (2,064)   0.25
Bath & Body Works, Inc.   (4,122)   259,810   7,100   (0.85)
Baxter International, Inc.   449   36,113   (418)   0.05
Becton, Dickinson and Co.   (263)   64,651   3,766   (0.45)
Belden, Inc.   (3,359)   195,695   (1,056)   0.13
Beyond Meat, Inc.   (3,604)   379,357   29,695   (3.55)
Bill.com Holdings, Inc.   (1,072)   286,170   26,655   (3.18)
Biogen, Inc.   (58)   16,413   995   (0.12)
Bio-Rad Laboratories, Inc. Class A   89   66,390   (5,779)   0.69
BJ's Wholesale Club Holdings, Inc.   (797)   43,771   2,437   (0.29)
Black Hills Corporation   (1,714)   107,571   10,589   (1.27)
Black Knight, Inc.   (603)   43,416   1,940   (0.23)
Blackbaud, Inc.   (1,928)   135,635   (5,827)   0.70
BlackRock, Inc.   (53)   44,449   4,204   (0.50)
Boeing Co. (The)   (3,279)   721,183   (19,697)   2.35
BOK Financial Corporation   3,182   284,948   17,790   (2.13)
Booking Holdings, Inc.   (120)   284,864   (6,633)   0.79
Booz Allen Hamilton Holding Corporation   2,454   194,725   (7,384)   0.88
BorgWarner, Inc.   (5,524)   238,692   (4,210)   0.50
Boston Properties, Inc. REIT   (350)   37,922   723   (0.09)
Boston Scientific Corporation   (5,050)   219,120   10,193   (1.22)
Bright Horizons Family Solutions, Inc.   (1,644)   229,206   3,987   (0.48)
Brighthouse Financial, Inc.   (1,425)   64,453   2,848   (0.34)
Brink's Co. (The)   (273)   17,281   2,849   (0.34)
Brixmor Property Group, Inc. REIT   (6,370)   140,841   6,110   (0.73)
Broadcom, Inc.   199   96,501   (998)   0.12
Broadridge Financial Solutions, Inc.   (272)   45,326   938   (0.11)
Brookfield Asset Management, Inc. Class A   (366)   19,585   878   (0.11)
Brookfield Property Preferred LP   (263)   6,433   187   (0.02)
Brooks Automation, Inc.   (1,999)   204,598   (12,879)   1.54
Bruker Corporation   347   27,101   (4,258)   0.51
Brunswick Corporation   4,613   439,481   (4,684)   0.56
Builders FirstSource, Inc.   (3,595)   186,005   9,448   (1.13)
Bunge, Ltd.   (2,824)   229,648   (16,019)   1.91
Burlington Stores, Inc.   (259)   73,445   2,745   (0.33)
BWX Technologies, Inc.   (226)   12,172   578   (0.07)
205

STRATEGIC ALTERNATIVES FUND
SCHEDULE OF INVESTMENTS (Continued)
Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
C.H. Robinson Worldwide, Inc.   (5,143)   $447,441   $(996)   0.12%
Cable One, Inc.   (88)   159,555   15,216   (1.82)
Cabot Oil & Gas Corporation   20,112   437,637   64,921   (7.76)
CACI International, Inc. Class A   674   176,655   2,448   (0.29)
Cadence Design Systems, Inc.   1,871   283,344   (27,107)   3.24
Callaway Golf Co.   (7,049)   194,764   5,069   (0.61)
Camden Property Trust REIT   695   102,492   (1,554)   0.19
Campbell Soup Co.   2,016   84,289   (2,005)   0.24
Capital One Financial Corporation   3,565   577,423   22,007   (2.63)
Capri Holdings, Ltd.   (3,256)   157,623   24,349   (2.91)
Cardinal Health, Inc.   (4,106)   203,083   13,711   (1.64)
Carlisle Cos., Inc.   (1,130)   224,633   3,066   (0.37)
CarMax, Inc.   (1,458)   186,566   7,677   (0.92)
Carnival Corporation   (12,522)   313,175   (19,975)   2.39
Carrier Global Corporation   (498)   25,776   2,474   (0.30)
Carter's, Inc.   145   14,100   (439)   0.05
Carvana Co.   (564)   170,069   15,279   (1.83)
Catalent, Inc.   (2,202)   293,020   17,518   (2.09)
Caterpillar, Inc.   223   42,809   (1,082)   0.13
Cathay General Bancorp   4,488   185,758   6,084   (0.73)
Cboe Global Markets, Inc.   817   101,194   86   (0.01)
CBRE Group, Inc. Class A   (357)   34,758   277   (0.03)
CDK Global, Inc.   (1,931)   82,164   (794)   0.09
Centene Corporation   (2,127)   132,533   (627)   0.07
CenterPoint Energy, Inc.   (14,794)   363,932   28,983   (3.46)
Ceridian HCM Holding, Inc.   (2,940)   331,103   (805)   0.10
Cerner Corporation   11,514   811,967   (49,719)   5.94
CF Industries Holdings, Inc.   (8,440)   471,121   (87,957)   10.51
ChampionX Corporation   3,653   81,681   649   (0.08)
ChargePoint Holdings, Inc.   2,953   59,030   (5,559)   0.66
Charles River Laboratories International, Inc.   (431)   177,861   13,066   (1.56)
Charles Schwab Corporation (The)   (9,840)   716,746   (5,042)   0.60
Charter Communications, Inc. Class A   248   180,435   (14,368)   1.72
Chegg, Inc.   (2,164)   147,195   25,551   (3.05)
Chemed Corporation   946   440,004   (12,716)   1.52
Chemours Co. (The)   (3,830)   111,300   9,766   (1.17)
Cheniere Energy, Inc.   (764)   74,620   (5,987)   0.72
Chevron Corporation   603   61,174   3,280   (0.39)
Chipotle Mexican Grill, Inc.   (40)   72,701   3,685   (0.44)
Choice Hotels International, Inc.   540   68,240   3,609   (0.43)
Cigna Corporation   1,532   306,645   (19,630)   2.35
Cimarex Energy Co.   250   21,800   3,273   (0.39)
Cinemark Holdings, Inc.   (9,961)   191,351   (15,688)   1.87
Cintas Corporation   612   232,964   (12,696)   1.52
Cirrus Logic, Inc.   2,276   187,429   (9,945)   1.19
Citigroup, Inc.   (5,905)   414,413   2,367   (0.28)
Citizens Financial Group, Inc.   (6,446)   302,833   (21,950)   2.62
Citrix Systems, Inc.   (1,047)   112,416   581   (0.07)
Clarivate PLC   (12,873)   281,919   49,843   (5.96)
Clean Harbors, Inc.   (489)   50,792   (1,610)   0.19
Cleveland-Cliffs, Inc.   (9,484)   187,878   33,471   (4.00)
Cloudflare, Inc. Class A   (958)   107,919   14,692   (1.76)
CMC Materials, Inc.   (1,712)   210,970   15,897   (1.90)
CME Group, Inc.   539   104,232   970   (0.12)
CMS Energy Corporation   7,251   433,102   (34,203)   4.09
206

Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
CNX Resources Corporation   (3,244)   $40,939   $(2,531)   0.30%
Coca-Cola Co. (The)   2,891   151,691   (6,419)   0.77
Cognizant Technology Solutions Corporation Class A   2,708   200,961   (6,170)   0.74
Colfax Corporation   (2,849)   130,769   2,930   (0.35)
Columbia Sportswear Co.   1,946   186,505   (9,007)   1.08
Comcast Corporation Class A   (1,164)   65,103   4,223   (0.50)
Comerica, Inc.   (3,453)   277,967   (22,977)   2.74
Commerce Bancshares, Inc.   2,083   145,143   2,247   (0.27)
Commercial Metals Co.   (1,834)   55,864   1,117   (0.13)
CommScope Holding Co., Inc.   (10,944)   148,729   12,244   (1.46)
CommVault Systems, Inc.   1,644   123,810   (5,308)   0.63
Compass Minerals International, Inc.   (3,555)   228,942   2,681   (0.32)
Conagra Brands, Inc.   9,099   308,183   5,882   (0.70)
Concentrix Corporation   784   138,768   2,274   (0.27)
Consolidated Edison, Inc.   (2,293)   166,449   5,780   (0.69)
Copart, Inc.   854   118,467   (2,891)   0.35
CoreSite Realty Corporation REIT   (530)   73,426   5,520   (0.66)
Corning, Inc.   (2,033)   74,184   3,793   (0.45)
Corporate Office Properties Trust REIT   5,270   142,185   (4,258)   0.51
CoStar Group, Inc.   768   66,094   (2,795)   0.33
Coty, Inc. Class A   (23,276)   182,949   13,715   (1.64)
Coupa Software, Inc.   (1,358)   297,646   48,714   (5.82)
Cousins Properties, Inc. REIT   571   21,293   (316)   0.04
Cracker Barrel Old Country Store, Inc.   1,174   164,172   (2,755)   0.33
Crane Co.   (526)   49,870   (159)   0.02
Credit Acceptance Corporation   231   135,204   (6,183)   0.74
Cree, Inc.   (3,871)   312,506   18,183   (2.17)
Crocs, Inc.   528   75,757   1,021   (0.12)
Crowdstrike Holdings, Inc. Class A   (36)   8,848   697   (0.08)
Crown Castle International Corporation REIT   1,271   220,290   (19,594)   2.34
Crown Holdings, Inc.   (5,297)   533,832   29,962   (3.58)
CSX Corporation   4,348   129,310   (7,015)   0.84
CubeSmart REIT   1,055   51,115   (4,743)   0.57
Cullen/Frost Bankers, Inc.   (251)   29,774   (1,825)   0.22
Cummins, Inc.   626   140,575   (3,763)   0.45
Curtiss-Wright Corporation   1,488   187,756   15,724   (1.88)
CVS Health Corporation   (5,920)   502,371   3,239   (0.39)
CyrusOne, Inc. REIT   1,946   150,640   237   (0.03)
D.R. Horton, Inc.   636   53,405   (3,994)   0.48
Dana, Inc.   (1,754)   39,009   (1,931)   0.23
Danaher Corporation   151   45,970   (3,589)   0.43
Darden Restaurants, Inc.   1,703   257,953   5,575   (0.67)
Darling Ingredients, Inc.   1,722   123,812   2,294   (0.27)
Datadog, Inc. Class A   (169)   23,888   (77)   0.01
DaVita, Inc.   (100)   11,626   1,018   (0.12)
Deckers Outdoor Corporation   838   301,848   (39,063)   4.67
Deere & Co.   36   12,063   (1,035)   0.12
Delta Air Lines, Inc.   (6,212)   264,693   (9,451)   1.13
DENTSPLY SIRONA, Inc.   (1,887)   109,540   8,112   (0.97)
Devon Energy Corporation   302   10,724   2,279   (0.27)
DexCom, Inc.   (232)   126,872   1,341   (0.16)
Digital Realty Trust, Inc. REIT   240   34,668   (3,227)   0.39
Discover Financial Services   (66)   8,108   (169)   0.02
Discovery, Inc. Class A   (9,039)   229,410   9,889   (1.18)
DISH Network Corporation Class A   (6,169)   268,105   2,030   (0.24)
207

STRATEGIC ALTERNATIVES FUND
SCHEDULE OF INVESTMENTS (Continued)
Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
DocuSign, Inc.   762   $196,162   $(18,220)   2.18%
Dolby Laboratories, Inc. Class A   2,998   263,824   (19,100)   2.28
Dollar General Corporation   (935)   198,351   7,473   (0.89)
Dollar Tree, Inc.   (1,321)   126,446   (5,975)   0.71
Dominion Energy, Inc.   466   34,027   (2,078)   0.25
Domino’s Pizza, Inc.   1,054   502,716   (41,334)   4.94
Donaldson Co., Inc.   4,902   281,424   (15,375)   1.84
Douglas Emmett, Inc. REIT   969   30,630   (836)   0.10
Dow, Inc.   (5,446)   313,472   14,802   (1.77)
Dropbox, Inc. Class A   3,160   92,335   (9,112)   1.09
DTE Energy Co.   611   68,255   (4,917)   0.59
Duke Energy Corporation   2,421   236,265   (14,071)   1.68
Duke Realty Corporation REIT   520   24,892   (1,828)   0.22
Dun & Bradstreet Holdings, Inc.   (9,127)   153,425   12,772   (1.53)
DuPont de Nemours, Inc.   (4,959)   337,162   9,960   (1.19)
DXC Technology Co.   (7,877)   264,746   14,599   (1.74)
Dynatrace, Inc.   (1,392)   98,790   (463)   0.06
Eagle Materials, Inc.   (1,883)   246,974   23,416   (2.80)
EastGroup Properties, Inc. REIT   1,741   290,103   (15,511)   1.85
Eaton Corporation PLC   (1,829)   273,088   22,341   (2.67)
eBay, Inc.   (685)   47,724   2,283   (0.27)
Edwards Lifesciences Corporation   1,282   145,135   (11,388)   1.36
Elanco Animal Health, Inc.   (10,939)   348,845   18,037   (2.16)
Elastic NV   (320)   47,677   5,461   (0.65)
Electronic Arts, Inc.   774   110,101   73   (0.01)
Eli Lilly and Co.   547   126,384   (4,910)   0.59
EMCOR Group, Inc.   3,189   367,947   (8,895)   1.06
Emergent BioSolutions, Inc.   (157)   7,861   398   (0.05)
Emerson Electric Co.   1,988   187,270   (11,711)   1.40
Encompass Health Corporation   (5,653)   424,201   26,400   (3.15)
Energizer Holdings, Inc.   (5,277)   206,067   (2,008)   0.24
EnerSys, Inc.   (158)   11,762   875   (0.10)
Enphase Energy, Inc.   (1,282)   192,262   14,595   (1.74)
Entegris, Inc.   (1,306)   164,425   (8,089)   0.97
Entergy Corporation   (116)   11,520   1,109   (0.13)
Envestnet, Inc.   (2,455)   196,989   (6,414)   0.77
Envista Holdings Corporation   (3,590)   150,098   5,452   (0.65)
EOG Resources, Inc.   4,570   366,834   59,011   (7.05)
EPAM Systems, Inc.   274   156,312   (15,475)   1.85
EPR Properties REIT   (4,577)   226,012   (3,027)   0.36
EQT Corporation   (15,818)   323,636   (8,648)   1.03
Equifax, Inc.   (917)   232,386   20,177   (2.41)
Equinix, Inc. REIT   (257)   203,063   15,820   (1.89)
Equitable Holdings, Inc.   (2,713)   80,413   2,358   (0.28)
Equity Residential REIT   (859)   69,510   1,330   (0.16)
Essent Group, Ltd.   (1,478)   65,047   3,087   (0.37)
Essential Utilities, Inc.   (2,088)   96,215   8,432   (1.01)
Essex Property Trust, Inc. REIT   871   278,494   (5,666)   0.68
Euronet Worldwide, Inc.   (1,892)   240,814   7,427   (0.89)
Everbridge, Inc.   (1,711)   258,429   15,869   (1.90)
Evercore, Inc. Class A   1,086   145,166   (5,099)   0.61
Everest Re Group, Ltd.   (985)   247,018   7,436   (0.89)
Evergy, Inc.   1,222   76,008   (6,675)   0.80
Eversource Energy   (624)   51,018   4,647   (0.56)
Exact Sciences Corporation   (3,149)   300,572   32,739   (3.91)
208

Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
Exelixis, Inc.   7,937   $167,788   $12,682   (1.52)%
Exelon Corporation   (6,042)   292,070   11,409   (1.36)
Expedia Group, Inc.   (482)   79,000   (8,273)   0.99
Expeditors International of Washington, Inc.   945   112,578   (4,095)   0.49
Extra Space Storage, Inc. REIT   1,442   242,242   (25,841)   3.09
Exxon Mobil Corporation   (3,785)   222,634   (17,910)   2.14
Facebook, Inc. Class A   3,678   1,248,276   (128,383)   15.34
FactSet Research Systems, Inc.   395   155,938   4,799   (0.57)
Fair Isaac Corporation   736   292,876   (46,891)   5.60
Fastenal Co.   7,346   379,127   (13,265)   1.58
Fastly, Inc. Class A   (2,307)   93,295   10,295   (1.23)
Federal Realty Investment Trust REIT   (2,514)   296,627   3,140   (0.38)
Federated Hermes, Inc.   2,779   90,317   1,519   (0.18)
FedEx Corporation   (630)   138,153   24,678   (2.95)
Fidelity National Information Services, Inc.   (1,513)   184,102   7,093   (0.85)
Fifth Third Bancorp   (8,038)   341,133   (31,679)   3.78
FireEye, Inc.   (11,361)   202,226   7,615   (0.91)
First Citizens BancShares, Inc. Class A   151   127,319   (5,209)   0.62
First Financial Bankshares, Inc.   2,130   97,873   3,376   (0.40)
First Hawaiian, Inc.   2,571   75,459   6,574   (0.79)
First Horizon Corporation   (11,538)   187,954   (10,514)   1.26
First Industrial Realty Trust, Inc. REIT   1,289   67,131   (2,624)   0.31
First Republic Bank   (827)   159,512   3,791   (0.45)
First Solar, Inc.   (511)   48,780   (599)   0.07
FirstCash, Inc.   2,403   210,262   (215)   0.03
FirstEnergy Corporation   (1,527)   54,392   4,197   (0.50)
Fiserv, Inc.   (1,956)   212,226   12,726   (1.52)
Five Below, Inc.   (699)   123,590   5,161   (0.62)
FleetCor Technologies, Inc.   112   29,262   (376)   0.04
Floor & Decor Holdings, Inc. Class A   (212)   25,607   803   (0.10)
Flowers Foods, Inc.   14,443   341,288   5,018   (0.60)
Flowserve Corporation   (2,346)   81,336   3,776   (0.45)
Fluor Corporation   (15,814)   252,550   1,712   (0.20)
FNB Corporation   (2,250)   26,145   (1,261)   0.15
Ford Motor Co.   5,844   82,751   8,174   (0.98)
Fortinet, Inc.   28   8,177   (513)   0.06
Fortive Corporation   (7,984)   563,431   41,010   (4.90)
Fortune Brands Home & Security, Inc.   (1,579)   141,194   9,595   (1.15)
Fox Corporation Class A   836   33,532   3,132   (0.37)
Fox Factory Holding Corporation   (543)   78,485   3,587   (0.43)
Franklin Resources, Inc.   (4,330)   128,688   5,885   (0.70)
Freshpet, Inc.   (1,463)   208,755   (16,333)   1.95
Frontdoor, Inc.   3,232   135,421   (13,946)   1.67
FTI Consulting, Inc.   752   101,294   (1,996)   0.24
GameStop Corporation Class A   (257)   45,096   3,130   (0.37)
Gap, Inc. (The)   (19,082)   433,161   35,124   (4.20)
Garmin, Ltd.   2,173   337,815   (36,938)   4.41
Gartner, Inc.   781   237,330   (9,391)   1.12
Gates Industrial Corporation PLC   (557)   9,062   384   (0.05)
GATX Corporation   (3,180)   284,801   (3,930)   0.47
Generac Holdings, Inc.   606   247,654   (28,251)   3.38
General Electric Co.   (9,823)   1,012,064   933   (0.11)
General Mills, Inc.   2,200   131,604   3,000   (0.36)
Gentex Corporation   20,461   674,804   36,351   (4.34)
Gilead Sciences, Inc.   1,064   74,320   (61)   0.01
209

STRATEGIC ALTERNATIVES FUND
SCHEDULE OF INVESTMENTS (Continued)
Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
Glacier Bancorp, Inc.   1,728   $95,645   $7,075   (0.85)%
Global Payments, Inc.   127   20,013   (1,112)   0.13
Globus Medical, Inc. Class A   137   10,497   (900)   0.11
GoDaddy, Inc. Class A   1,091   76,043   (6,162)   0.74
Graco, Inc.   4,372   305,909   (31,734)   3.79
Graham Holdings Co. Class B   56   32,993   (482)   0.06
Grand Canyon Education, Inc.   3,417   300,559   (6,218)   0.74
Graphic Packaging Holding Co.   (8,429)   160,488   7,966   (0.95)
Greif, Inc. Class A   (949)   61,305   588   (0.07)
Grocery Outlet Holding Corporation   (11,726)   252,930   36,194   (4.32)
Guardant Health, Inc.   (1,735)   216,892   10,125   (1.21)
Guidewire Software, Inc.   (1,681)   199,820   5,372   (0.64)
H&R Block, Inc.   5,583   139,575   152   (0.02)
Haemonetics Corporation   (4,956)   349,844   (24,444)   2.92
Halliburton Co.   (3,116)   67,368   (6,620)   0.79
Hancock Whitney Corporation   (2,771)   130,570   (8,345)   1.00
Hanesbrands, Inc.   (5,197)   89,181   8,624   (1.03)
Harley-Davidson, Inc.   (2,148)   78,638   1,745   (0.21)
Hartford Financial Services Group, Inc. (The)   (1,950)   136,988   (3,937)   0.47
Hasbro, Inc.   (3,409)   304,151   30,056   (3.59)
Hawaiian Electric Industries, Inc.   3,478   142,007   (6,624)   0.79
HCA Healthcare, Inc.   (994)   241,264   14,947   (1.79)
Healthcare Realty Trust, Inc. REIT   7,793   232,076   (3,299)   0.39
Healthcare Services Group, Inc.   8,659   216,388   (12,678)   1.51
Healthcare Trust of America, Inc. Class A REIT   11,971   355,060   (8,539)   1.02
HealthEquity, Inc.   (1,894)   122,655   2,288   (0.27)
Healthpeak Properties, Inc. REIT   (2,973)   99,536   6,329   (0.76)
HEICO Corporation   1,409   185,805   7,233   (0.86)
Helen of Troy, Ltd.   768   172,554   (4,704)   0.56
Henry Schein, Inc.   3,004   228,785   (4,862)   0.58
Herman Miller, Inc.   2,097   78,973   (4,460)   0.53
Hershey Co. (The)   2,997   507,242   (15,759)   1.88
Hess Corporation   (2,981)   232,846   (29,165)   3.48
Hewlett Packard Enterprise Co.   (14,924)   212,667   3,842   (0.46)
Hexcel Corporation   (2,208)   131,133   (11,331)   1.35
Highwoods Properties, Inc. REIT   5,802   254,476   (5,888)   0.70
Hilton Worldwide Holdings, Inc.   (168)   22,194   (606)   0.07
HollyFrontier Corporation   (713)   23,622   (1,304)   0.16
Hologic, Inc.   2,869   211,761   (17,641)   2.11
Home BancShares, Inc.   5,267   123,933   10,680   (1.28)
Honeywell International, Inc.   (941)   199,755   10,015   (1.20)
Horizon Pharma PLC   (1,336)   146,345   (2,837)   0.34
Hormel Foods Corporation   (4,601)   188,641   5,515   (0.66)
Host Hotels & Resorts, Inc. REIT   (6,124)   100,005   (1,473)   0.18
Howard Hughes Corporation (The)   (229)   20,108   439   (0.05)
Howmet Aerospace, Inc.   (1,985)   61,932   931   (0.11)
Hubbell, Inc.   (541)   97,742   6,991   (0.84)
HubSpot, Inc.   49   33,128   (288)   0.03
Hudson Pacific Properties, Inc. REIT   11,447   300,713   (4,956)   0.59
Huntington Bancshares, Inc.   (28,767)   444,738   (7,516)   0.90
Huntington Ingalls Industries, Inc.   622   120,083   (3,913)   0.47
Hyatt Hotels Corporation Class A   (2,475)   190,823   (12,282)   1.47
IAA, Inc.   (1,767)   96,425   (2,883)   0.34
IAC/InterActiveCorp   (1,413)   184,100   1,509   (0.18)
ICU Medical, Inc.   842   196,506   (15,937)   1.90
210

Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
IDACORP, Inc.   3,302   $341,361   $(13,114)   1.57%
IDEX Corporation   (125)   25,869   1,348   (0.16)
IDEXX Laboratories, Inc.   557   346,398   (30,492)   3.64
II-VI, Inc.   (2,378)   141,158   6,364   (0.76)
Illinois ToolWorks, Inc.   1,232   254,568   (13,433)   1.60
Illumina, Inc.   (106)   42,995   5,684   (0.68)
Incyte Corporation   5,169   355,524   (20,252)   2.42
Ingersoll-Rand, Inc.   (6,727)   339,108   23,398   (2.80)
Ingredion, Inc.   (2,413)   214,781   (6,594)   0.79
Insperity, Inc.   738   81,726   2,641   (0.32)
Insulet Corporation   (626)   177,928   11,287   (1.35)
Integra LifeSciences Holdings Corporation   (641)   43,896   3,062   (0.37)
Intel Corporation   2,362   125,847   (297)   0.04
Intercontinental Exchange, Inc.   639   73,370   (2,967)   0.35
International Bancshares Corporation   1,453   60,503   999   (0.12)
International Business Machines Corporation   1,952   271,191   2,294   (0.27)
International Flavors & Fragrances, Inc.   (2,900)   387,788   47,349   (5.66)
International Paper Co.   (8,854)   495,116   18,688   (2.23)
Interpublic Group of Cos., Inc. (The)   894   32,783   104   (0.01)
Intuit, Inc.   472   254,649   (13,358)   1.60
Invesco, Ltd.   (9,389)   226,369   6,283   (0.75)
Invitation Homes, Inc. REIT   3,248   124,496   (9,011)   1.08
Ionis Pharmaceuticals, Inc.   (6,324)   212,107   17,195   (2.05)
Iovance Biotherapeutics, Inc.   (7,682)   189,438   (4,746)   0.57
IQVIA Holdings, Inc.   (1,440)   344,938   31,293   (3.74)
Iridium Communications, Inc.   (1,299)   51,765   6,624   (0.79)
Iron Mountain, Inc. REIT   (2,574)   111,840   8,651   (1.03)
ITT, Inc.   3,232   277,435   (13,154)   1.57
J.M. Smucker Co. (The)   1,713   205,611   (1,307)   0.16
J2 Global, Inc.   (288)   39,347   494   (0.06)
Jabil, Inc.   (4,317)   251,983   15,662   (1.87)
Jack Henry & Associates, Inc.   1,934   317,292   (13,022)   1.56
Jack in the Box, Inc.   678   65,990   (3,065)   0.37
Jacobs Engineering Group, Inc.   (1,400)   185,542   4,222   (0.50)
Jazz Pharmaceuticals PLC   (1,317)   171,487   5,685   (0.68)
JBG SMITH Properties REIT   2,046   60,582   (661)   0.08
Jefferies Financial Group, Inc.   7,742   287,460   2,524   (0.30)
JetBlue Airways Corporation   (14,845)   226,980   141   (0.02)
John Wiley & Sons, Inc. Class A   (231)   12,061   1,212   (0.15)
Jones Lang LaSalle, Inc.   (956)   237,174   (5,992)   0.72
JPMorgan Chase & Co.   (2,658)   435,088   (11,975)   1.43
Juniper Networks, Inc.   (8,998)   247,625   3,181   (0.38)
KAR Auction Services, Inc.   (20,046)   328,554   (5,185)   0.62
KB Home   (1,440)   56,045   4,102   (0.49)
KBR, Inc.   (967)   38,100   (137)   0.02
Kellogg Co.   3,900   249,288   5,823   (0.70)
Kennametal, Inc.   (4,482)   153,419   8,914   (1.07)
KeyCorp   (10,409)   225,043   (13,071)   1.56
Kilroy Realty Corporation REIT   5,333   353,098   7,268   (0.87)
Kimberly-Clark Corporation   (1,194)   158,133   6,392   (0.76)
Kimco Realty Corporation REIT   (9,072)   188,244   4,618   (0.55)
Kinder Morgan, Inc.   22,444   375,488   16,794   (2.01)
Kirby Corporation   (2,473)   118,605   10,185   (1.22)
KLA Corporation   121   40,476   (1,616)   0.19
Knight-Swift Transportation Holdings   5,925   303,064   (863)   0.10
211

STRATEGIC ALTERNATIVES FUND
SCHEDULE OF INVESTMENTS (Continued)
Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
Kraft Heinz Co. (The)   (8,613)   $317,131   $(2,249)   0.27%
L3Harris Technologies, Inc.   (201)   44,268   2,167   (0.26)
Laboratory Corporation of America Holdings   603   169,708   (13,117)   1.57
Lam Research Corporation   201   114,399   (4,628)   0.55
Lamar Advertising Co. Class A REIT   178   20,194   468   (0.06)
Lamb Weston Holdings, Inc.   (2,938)   180,305   (359)   0.04
Lancaster Colony Corporation   992   167,460   (3,423)   0.41
Landstar System, Inc.   1,111   175,338   (3,819)   0.46
Lattice Semiconductor Corporation   404   26,119   1,056   (0.13)
Lear Corporation   1,885   294,965   533   (0.06)
Leggett & Platt, Inc.   (2,732)   122,503   5,129   (0.61)
Leidos Holdings, Inc.   (1,079)   103,724   2,497   (0.30)
LendingTree, Inc.   (1,541)   215,478   32,075   (3.83)
Lennar Corporation Class A   316   29,603   (2,026)   0.24
Lennox International, Inc.   1,132   333,000   (34,747)   4.15
LHC Group, Inc.   71   11,141   (1,590)   0.19
Liberty Broadband Corporation Class C   (100)   17,270   1,142   (0.14)
Liberty Media Corporation-Liberty SiriusXM Class C   (3,498)   166,050   2,093   (0.25)
Ligand Pharmaceuticals, Inc.   (1,667)   232,246   (5,575)   0.67
Lincoln Electric Holdings, Inc.   1,395   179,662   (6,870)   0.82
Lincoln National Corporation   (2,363)   162,456   (5,440)   0.65
Linde PLC   (77)   22,590   1,405   (0.17)
Lithia Motors, Inc. Class A   (50)   15,852   753   (0.09)
Littelfuse, Inc.   (395)   107,942   48   (0.01)
LivaNova PLC   (2,826)   223,791   14,376   (1.72)
Live Nation Entertainment, Inc.   (3,511)   319,957   (16,687)   1.99
LiveRamp Holdings, Inc.   255   12,044   (710)   0.08
Lockheed Martin Corporation   1,415   488,316   (1,794)   0.21
Loews Corporation   (14,389)   775,999   9,327   (1.11)
LPL Financial Holdings, Inc.   (3,429)   537,530   (36,227)   4.33
Lululemon Athletica, Inc.   603   244,034   (9,682)   1.16
Lumentum Holdings, Inc.   (1,262)   105,427   6,533   (0.78)
Lyft, Inc. Class A   (3,691)   197,801   (11,374)   1.36
LyondellBasell Industries NV Class A   (579)   54,339   (1,310)   0.16
M&T Bank Corporation   246   36,738   3,165   (0.38)
Macerich Co. (The) REIT   (12,542)   209,577   6,891   (0.82)
Madison Square Garden Sports Corporation   (1,016)   188,925   (9,739)   1.16
Manhattan Associates, Inc.   1,463   223,883   (12,798)   1.53
ManpowerGroup, Inc.   156   16,892   (1,805)   0.22
Marathon Oil Corporation   19,020   260,003   44,103   (5.27)
Marathon Petroleum Corporation   (3,941)   243,593   (16,653)   1.99
MarketAxess Holdings, Inc.   224   94,235   (5,149)   0.61
Marriott Vacations Worldwide Corporation   564   88,734   4,193   (0.50)
Marsh & McLennan Cos., Inc.   (681)   103,124   6,030   (0.72)
Marvell Technology, Inc.   (10,928)   659,068   10,250   (1.22)
Masco Corporation   4,610   256,086   (17,963)   2.15
Masimo Corporation   739   200,055   (1,448)   0.17
MasTec, Inc.   733   63,243   (3,005)   0.36
Mastercard, Inc. Class A   (234)   81,357   870   (0.10)
Mattel, Inc.   (1,088)   20,193   1,947   (0.23)
McCormick & Co., Inc. (Non-Voting Shares)   (1,583)   128,270   9,066   (1.08)
McDonald’s Corporation   1,289   310,791   4,852   (0.58)
MDU Resources Group, Inc.   6,161   182,797   (8,569)   1.02
Medical Properties Trust, Inc. REIT   (2,150)   43,150   2,601   (0.31)
Medpace Holdings, Inc.   (408)   77,226   1,593   (0.19)
212

Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
Medtronic PLC   359   $45,001   $(1,753)   0.21%
MercadoLibre, Inc.   (55)   92,367   10,926   (1.31)
Mercury Systems, Inc.   3,601   170,759   (1,855)   0.22
MetLife, Inc.   (3,362)   207,536   (3,973)   0.47
Mettler-Toledo International, Inc.   224   308,529   (46,505)   5.56
MGIC Investment Corporation   (7,558)   113,068   2,188   (0.26)
Microchip Technology, Inc.   (1,480)   227,165   3,663   (0.44)
Micron Technology, Inc.   (2,343)   166,306   4,194   (0.50)
Microsoft Corporation   4,347   1,225,506   (67,039)   8.01
Mid-America Apartment Communities, Inc. REIT   (48)   8,964   245   (0.03)
Middleby Corporation (The)   (822)   140,159   4,187   (0.50)
Minerals Technologies, Inc.   (197)   13,758   1,274   (0.15)
Mirati Therapeutics, Inc.   (1,786)   315,961   (18,995)   2.27
MKS Instruments, Inc.   (131)   19,769   (315)   0.04
Moderna, Inc.   45   17,319   (2,877)   0.34
Mohawk Industries, Inc.   (1,487)   263,794   19,232   (2.30)
Molina Healthcare, Inc.   1,116   302,782   14,030   (1.68)
Mondelez International, Inc. Class A   2,565   149,232   (5,352)   0.64
MongoDB, Inc.   (58)   27,348   2,111   (0.25)
Monolithic Power Systems, Inc.   287   139,103   (891)   0.11
Monster Beverage Corporation   3,715   330,003   (27,976)   3.34
Moody’s Corporation   121   42,968   (2,725)   0.33
Morgan Stanley   5,773   561,771   (37,763)   4.51
Morningstar, Inc.   642   166,297   (14,420)   1.72
MSC Industrial Direct Co., Inc. Class A   (272)   21,812   304   (0.04)
MSCI, Inc.   188   114,368   (8,416)   1.01
Murphy Oil Corporation   (9,834)   245,555   (41,878)   5.00
Nasdaq, Inc.   721   139,167   (3,173)   0.38
Natera, Inc.   (770)   85,809   6,634   (0.79)
National Fuel Gas Co.   768   40,335   645   (0.08)
National Retail Properties, Inc. REIT   10,369   447,837   (33,026)   3.95
Navient Corporation   (5,745)   113,349   18,955   (2.26)
NCR Corporation   (8,381)   324,848   17,421   (2.08)
Nektar Therapeutics   (8,433)   151,457   (18,388)   2.20
Neogen Corporation   462   20,065   298   (0.04)
Netflix, Inc.   308   187,985   3,922   (0.47)
NetScout Systems, Inc.   (958)   25,818   (30)   0.00
Neurocrine Biosciences, Inc.   2,480   237,857   3,595   (0.43)
New Fortress Energy, Inc.   (6,940)   192,585   7,589   (0.91)
New Jersey Resources Corporation   510   17,753   (847)   0.10
New Relic, Inc.   (3,218)   230,956   22,936   (2.74)
New York Community Bancorp, Inc.   768   9,884   383   (0.05)
New York Times Co. (The) Class A   5,535   272,709   (6,229)   0.74
Newell Brands, Inc.   (14,955)   331,104   48,595   (5.81)
News Corporation Class A   (11,735)   276,125   (17,384)   2.08
Nexstar Media Group, Inc. Class A   2,106   320,028   16,815   (2.01)
NextEra Energy, Inc.   (4,584)   359,936   31,145   (3.72)
Nielsen Holdings PLC   (5,386)   103,357   5,867   (0.70)
NIKE, Inc. Class B   984   142,906   (17,567)   2.10
Nordson Corporation   2,536   603,948   (13,124)   1.57
Nordstrom, Inc.   (4,101)   108,471   2,826   (0.34)
Norfolk Southern Corporation   (636)   152,163   5,318   (0.64)
Northern Trust Corporation   (3,818)   411,619   23,154   (2.77)
Northrop Grumman Corporation   798   287,400   3,911   (0.47)
NorthWestern Corporation   (608)   34,838   3,988   (0.48)
213

STRATEGIC ALTERNATIVES FUND
SCHEDULE OF INVESTMENTS (Continued)
Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
NortonLifeLock, Inc.   (2,866)   $72,510   $5,602   (0.67)%
Norwegian Cruise Line Holdings, Ltd.   (10,591)   282,886   (17,644)   2.11
NOV, Inc.   (13,219)   173,301   (4,391)   0.52
Novocure, Ltd.   (1,057)   122,792   22,614   (2.70)
NRG Energy, Inc.   3,453   140,986   (11,943)   1.43
Nutanix, Inc. Class A   (1,535)   57,869   8,374   (1.00)
NuVasive, Inc.   (2,867)   171,590   (2,959)   0.35
nVent Electric PLC   (2,506)   81,019   2,228   (0.27)
NVIDIA Corporation   (1,499)   310,533   21,833   (2.61)
NVR, Inc.   2   9,588   (610)   0.07
NXP Semiconductor NV   2,999   587,414   (42,137)   5.03
Occidental Petroleum Corporation   (6,745)   199,517   (23,361)   2.79
OGE Energy Corporation   (9,215)   303,726   23,395   (2.80)
Okta, Inc.   (576)   136,708   15,326   (1.83)
Old Dominion Freight Line, Inc.   2,171   620,863   (7,552)   0.90
Olin Corporation   (6,796)   327,907   (4,496)   0.54
Omega Healthcare Investors, Inc. REIT   4,090   122,536   (9,856)   1.18
Omnicom Group, Inc.   2,629   190,497   1,702   (0.20)
ON Semiconductor Corporation   (620)   28,377   (330)   0.04
ONE Gas, Inc.   (2,330)   147,652   17,073   (2.04)
OneMain Holdings, Inc.   2,740   151,604   (3,853)   0.46
ONEOK, Inc.   1,261   73,125   7,042   (0.84)
Opendoor Technologies, Inc.   (696)   14,289   (299)   0.04
Oracle Corporation   4,485   390,778   (10,852)   1.30
Organon & Co.   9,790   321,014   (17,882)   2.14
Oshkosh Corporation   751   76,880   (5,236)   0.63
Otis Worldwide Corporation   2,325   191,301   (19,088)   2.28
PACCAR, Inc.   803   63,373   (3,452)   0.41
PacWest Bancorp   (810)   36,709   (2,196)   0.26
Palo Alto Networks, Inc.   (489)   234,231   (6,120)   0.73
Papa John's International, Inc.   1,642   208,518   (2,880)   0.34
Park Hotels & Resorts, Inc. REIT   (20,647)   395,184   (6,826)   0.82
Parker-Hannifin Corporation   (53)   14,820   445   (0.05)
Patterson Cos., Inc.   3,608   108,745   (7,301)   0.87
Paychex, Inc.   877   98,619   980   (0.12)
Paylocity Holding Corporation   (194)   54,398   (2,599)   0.31
PayPal Holdings, Inc.   (266)   69,216   7,092   (0.85)
Pebblebrook Hotel Trust REIT   (12,463)   279,296   (7,210)   0.86
Pegasystems, Inc.   (315)   40,036   2,999   (0.36)
Peloton Interactive, Inc. Class A   (1,920)   167,136   35,841   (4.28)
Penske Automotive Group, Inc.   (307)   30,884   (3,415)   0.41
Pentair PLC   2,873   208,666   (10,280)   1.23
Penumbra, Inc.   (43)   11,459   214   (0.03)
PerkinElmer, Inc.   757   131,181   (10,280)   1.23
PG&E Corporation   (34,422)   330,451   (8,005)   0.96
Phillips 66   (3,318)   232,360   (10,750)   1.28
Physicians Realty Trust REIT   16,213   285,673   (13,976)   1.67
Pinnacle Financial Partners, Inc.   (92)   8,655   (86)   0.01
Pinnacle West Capital Corporation   2,490   180,176   (7,939)   0.95
Pinterest, Inc. Class A   2,133   108,676   (8,907)   1.06
Planet Fitness, Inc. Class A   (2,280)   179,094   313   (0.04)
Plug Power, Inc.   (6,246)   159,523   (1,754)   0.21
PNC Financial Services Group, Inc. (The)   (1,065)   208,357   (3,585)   0.43
Polaris, Inc.   1,100   131,626   3,033   (0.36)
Post Holdings, Inc.   (2,287)   251,936   (4,582)   0.55
214

Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
PotlatchDeltic Corporation REIT   5,796   $298,958   $3,445   (0.41)%
Premier, Inc. Class A   (841)   32,597   49   (0.01)
Principal Financial Group, Inc.   (3,101)   199,704   710   (0.09)
PROG Holdings, Inc.   370   15,544   (1,084)   0.13
Prologis, Inc. REIT   (813)   101,975   7,040   (0.84)
Prosperity Bancshares, Inc.   4,403   313,185   16,303   (1.95)
PS Business Parks, Inc. REIT   4,237   664,107   (2,022)   0.24
PTC, Inc.   (611)   73,192   4,641   (0.55)
Public Storage REIT   1,512   449,215   (30,702)   3.67
PulteGroup, Inc.   2,381   109,336   (5,710)   0.68
PVH Corporation   (1,545)   158,811   12,339   (1.47)
Qorvo, Inc.   478   79,917   (5,635)   0.67
QUALCOMM, Inc.   2,348   302,845   (28,024)   3.35
Qualys, Inc.   2,086   232,151   (12,438)   1.49
Quanta Services, Inc.   1,674   190,535   (1,059)   0.13
QuantumScape Corporation   (6,714)   164,762   (21,154)   2.53
Quest Diagnostics, Inc.   2,477   359,933   (29,865)   3.57
Quidel Corporation   986   139,174   54   (0.01)
Qurate Retail, Inc. Class A   (12,136)   123,666   3,515   (0.42)
R1 RCM, Inc.   (4,389)   96,602   (8,522)   1.02
Ralph Lauren Corporation   (1,496)   166,116   3,038   (0.36)
Raymond James Financial, Inc.   1,446   133,437   892   (0.11)
Rayonier, Inc. REIT   2,546   90,841   (2,072)   0.25
Raytheon Technologies Corporation   (2,244)   192,894   (5,167)   0.62
Realty Income Corporation REIT   2,326   150,864   (10,109)   1.21
Regal Beloit Corporation   2,062   310,001   18,236   (2.18)
Regency Centers Corporation REIT   1,840   123,887   (888)   0.11
Regeneron Pharmaceuticals, Inc.   185   111,958   (7,585)   0.91
Regions Financial Corporation   (2,709)   57,729   (3,337)   0.40
Reinsurance Group of America, Inc.   (1,084)   120,606   6,207   (0.74)
Repligen Corporation   (428)   123,688   2,427   (0.29)
Republic Services, Inc.   933   112,016   (3,250)   0.39
ResMed, Inc.   159   41,904   (2,846)   0.34
RH   (101)   67,358   5,865   (0.70)
RingCentral, Inc. Class A   (845)   183,787   12,407   (1.48)
RLI Corporation   (892)   89,441   4,770   (0.57)
Robert Half International, Inc.   4,625   464,026   (12,169)   1.45
Rockwell Automation, Inc.   876   257,579   (18,417)   2.20
Roku, Inc.   51   15,981   (1,282)   0.15
Rollins, Inc.   9,879   349,025   (32,148)   3.84
Roper Technologies, Inc.   (95)   42,382   3,113   (0.37)
Ross Stores, Inc.   (3,899)   424,406   19,918   (2.38)
Royal Caribbean Cruises, Ltd.   (3,687)   327,959   (26,135)   3.12
Ryder System, Inc.   3,162   261,529   19,215   (2.30)
S&P Global, Inc.   311   132,141   (8,257)   0.99
Sabre Corporation   (33,529)   396,983   (24,153)   2.89
Sage Therapeutics, Inc.   2,940   130,271   (808)   0.10
Sailpoint Technologies Holdings, Inc.   (2,874)   123,237   9,825   (1.17)
salesforce.com, Inc.   (1,327)   359,909   (12,416)   1.48
SBA Communications Corporation REIT   (286)   94,543   4,517   (0.54)
Schlumberger NV   3,628   107,534   11,400   (1.36)
Schneider National, Inc. Class B   6,913   157,202   3,716   (0.44)
Science Applications International Corporation   (3,034)   259,589   (160)   0.02
Seagen, Inc.   2,191   372,032   44,245   (5.29)
SEI Investments Co.   7,307   433,305   (6,265)   0.75
215

STRATEGIC ALTERNATIVES FUND
SCHEDULE OF INVESTMENTS (Continued)
Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
Sempra Energy   848   $107,272   $(5,278)   0.63%
Semtech Corporation   674   52,552   2,084   (0.25)
Sensata Technologies Holding PLC   (1,788)   97,839   2,357   (0.28)
Service Corporation International   2,825   170,235   (5,584)   0.67
ServiceNow, Inc.   230   143,122   (6,438)   0.77
Shift4 Payments, Inc. Class A   (2,151)   166,746   6,447   (0.77)
Signature Bank   (2,192)   596,838   (25,402)   3.03
Silicon Laboratories, Inc.   (583)   81,713   3,463   (0.41)
Simon Property Group, Inc. REIT   (1,033)   134,259   915   (0.11)
Simpson Manufacturing Co., Inc.   3,324   355,568   (7,086)   0.85
Sirius XM Holdings, Inc.   14,230   86,803   418   (0.05)
Six Flags Entertainment Corporation   (2,247)   95,497   (3,231)   0.39
Skyworks Solutions, Inc.   (201)   33,121   2,541   (0.30)
SL Green Realty Corporation REIT   (5,104)   361,567   (9,919)   1.18
Smartsheet, Inc. Class A   887   61,043   (5,498)   0.66
Snap, Inc. Class A   (2,129)   157,269   2,006   (0.24)
Snap-on, Inc.   778   162,563   (8,857)   1.06
SolarEdge Technologies, Inc.   (1,148)   304,473   12,308   (1.47)
Solarwinds Corporation   3,877   64,862   (1,750)   0.21
Southern Co. (The)   3,364   208,467   (17,551)   2.10
Southwest Airlines Co.   3,695   190,034   8,109   (0.97)
Southwest Gas Holdings, Inc.   (5,096)   340,820   18,181   (2.17)
Spire, Inc.   568   34,750   (26)   0.00
Spirit AeroSystems Holdings, Inc. Class A   (5,638)   249,143   (30,232)   3.61
Spirit Realty Capital, Inc. REIT   608   27,992   (2,599)   0.31
Splunk, Inc.   (2,387)   345,423   25,654   (3.07)
Square, Inc. Class A   (325)   77,948   3,800   (0.45)
STAAR Surgical Co.   1,061   136,370   (29,111)   3.48
Stanley Black & Decker, Inc.   88   15,427   (883)   0.11
Starbucks Corporation   393   43,352   (3,338)   0.40
State Street Corporation   (1,967)   166,644   5,114   (0.61)
Stericycle, Inc.   (1,205)   81,904   3,540   (0.42)
STERIS PLC   (977)   199,582   8,635   (1.03)
Stifel Financial Corporation   4,022   273,335   (150)   0.02
STORE Capital Corporation REIT   (5,205)   166,716   13,033   (1.56)
Strategic Education, Inc.   (450)   31,725   2,612   (0.31)
Stryker Corporation   (485)   127,904   6,092   (0.73)
Sun Communities, Inc. REIT   (44)   8,144   834   (0.10)
Sunrun, Inc.   (4,908)   215,952   2,550   (0.30)
SVB Financial Group   (293)   189,536   (16,780)   2.00
Switch, Inc. Class A   (4,848)   123,091   3,389   (0.41)
Synaptics, Inc.   (434)   78,003   1,790   (0.21)
Synchrony Financial   (6,548)   320,066   (15,070)   1.80
Syneos Health, Inc.   (1,773)   155,102   12,281   (1.47)
SYNNEX Corporation   (1,366)   142,201   24,828   (2.97)
Synopsys, Inc.   532   159,286   (18,182)   2.17
Synovus Financial Corporation   419   18,390   1,289   (0.15)
Sysco Corporation   (989)   77,636   (989)   0.12
T. Rowe Price Group, Inc.   1,815   357,010   (35,308)   4.22
Take-Two Interactive Software, Inc.   1,126   173,483   (3,352)   0.40
Tandem Diabetes Care, Inc.   548   65,420   (3,304)   0.39
Tapestry, Inc.   2,122   78,556   (7,267)   0.87
Targa Resources Corporation   2,258   111,116   11,844   (1.42)
Taylor Morrison Home Corporation Class A   (5,835)   150,426   6,705   (0.80)
TEGNA, Inc.   15,226   300,257   48,733   (5.82)
216

Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
Teladoc Health, Inc.   (1,393)   $176,646   $21,440   (2.56)%
Teledyne Technologies, Inc.   (745)   320,037   8,475   (1.01)
Teleflex, Inc.   (840)   316,302   7,073   (0.85)
Telephone & Data Systems, Inc.   (5,856)   114,192   1,312   (0.16)
Tempur Sealy International, Inc.   4,798   222,675   (5,063)   0.60
Tenet Healthcare Corporation   (2,806)   186,431   21,796   (2.60)
Teradata Corporation   2,044   117,223   1,970   (0.24)
Teradyne, Inc.   (117)   12,773   1,158   (0.14)
Terex Corporation   340   14,314   (1,437)   0.17
Terminix Global Holdings, Inc.   (3,295)   137,303   10,109   (1.21)
Tesla, Inc.   (121)   93,833   (2,498)   0.30
Tetra Tech, Inc.   600   89,604   254   (0.03)
Texas Capital Bancshares, Inc.   (2,425)   145,549   (4,976)   0.59
Texas Instruments, Inc.   1,759   338,097   6,543   (0.78)
Texas Roadhouse, Inc.   (3,955)   361,210   6,951   (0.83)
Textron, Inc.   (1,884)   131,522   2,857   (0.34)
T-Mobile US, Inc.   (1,629)   208,121   5,988   (0.72)
Toll Brothers, Inc.   2,466   136,345   (14,911)   1.78
TopBuild Corporation   137   28,059   (2,595)   0.31
Toro Co. (The)   2,377   231,544   (22,728)   2.72
Trade Desk, Inc. (The) Class A   (182)   12,795   1,098   (0.13)
Tradeweb Markets, Inc. Class A   (400)   32,312   2,598   (0.31)
Trane Technologies PLC   111   19,164   (1,645)   0.20
TransDigm Group, Inc.   (346)   216,101   (9,176)   1.10
TransUnion   3,700   415,547   (43,969)   5.25
Travel + Leisure Co.   942   51,367   1,624   (0.19)
TreeHouse Foods, Inc.   (2,373)   94,635   (1,474)   0.18
Trex Co., Inc.   (225)   22,934   2,173   (0.26)
Tri Pointe Homes, Inc.   (569)   11,960   597   (0.07)
Trinity Industries, Inc.   (13,576)   368,860   21,437   (2.56)
TripAdvisor, Inc.   (6,227)   210,784   5,659   (0.68)
Truist Financial Corporation   (1,284)   75,307   (3,752)   0.45
Twilio, Inc. Class A   (741)   236,416   23,654   (2.83)
Twitter, Inc.   (6,463)   390,301   13,365   (1.60)
Tyler Technologies, Inc.   (579)   265,558   10,899   (1.30)
Tyson Foods, Inc. Class A   2,773   218,901   10,529   (1.26)
U.S. Bancorp   (898)   53,377   (3,665)   0.44
U.S. Foods Holding Corporation   (6,875)   238,288   (11,557)   1.38
Uber Technologies, Inc.   (11,053)   495,174   (49,201)   5.88
UDR, Inc. REIT   (571)   30,252   330   (0.04)
UGI Corporation   5,607   238,970   (14,466)   1.73
Ultragenyx Pharmaceutical, Inc.   (1,630)   147,010   17,769   (2.12)
UMB Financial Corporation   3,754   363,049   29,545   (3.53)
Under Armour, Inc. Class A   6,017   121,423   (17,946)   2.14
United Airlines Holdings, Inc.   (4,151)   197,463   (1,274)   0.15
United Bankshares, Inc.   (789)   28,704   (1,997)   0.24
United Parcel Service, Inc. Class B   1,176   214,150   (8,150)   0.97
United Rentals, Inc.   (109)   38,251   (966)   0.12
United States Steel Corporation   (382)   8,393   (14)   0.00
United Therapeutics Corporation   450   83,061   (11,174)   1.33
UnitedHealth Group, Inc.   (41)   16,020   439   (0.05)
Univar Solutions, Inc.   (6,785)   161,619   (6,519)   0.78
Universal Display Corporation   3,488   596,308   (105,214)   12.57
Universal Health Services, Inc. Class B   (3,288)   454,961   37,964   (4.54)
Unum Group   (1,955)   48,992   772   (0.09)
217

STRATEGIC ALTERNATIVES FUND
SCHEDULE OF INVESTMENTS (Continued)
Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
Urban Edge Properties REIT   3,094   $56,651   $694   (0.08)%
Urban Outfitters, Inc.   (870)   25,830   2,261   (0.27)
UWM Holdings Corporation   25,413   176,620   (4,086)   0.49
Vail Resorts, Inc.   185   61,799   6,365   (0.76)
Valero Energy Corporation   (2,507)   176,919   (14,726)   1.76
Valley National Bancorp   4,547   60,521   4,268   (0.51)
Valmont Industries, Inc.   (128)   30,095   784   (0.09)
Veeva Systems, Inc. Class A   756   217,857   (13,603)   1.63
Ventas, Inc. REIT   (12,793)   706,302   6,908   (0.83)
VeriSign, Inc.   1,873   383,984   (31,680)   3.78
Verizon Communications, Inc.   2,439   131,730   (1,035)   0.12
Vertex Pharmaceuticals, Inc.   1,821   330,311   (12,238)   1.46
Vertiv Holdings Co.   (1,814)   43,699   1,776   (0.21)
VF Corporation   (3,560)   238,484   16,612   (1.98)
Viasat, Inc.   (5,848)   322,049   (34,454)   4.12
Viatris, Inc.   (23,897)   323,804   14,956   (1.79)
Vimeo, Inc.   3,105   91,194   (29,968)   3.58
Virgin Galactic Holdings, Inc.   (2,770)   70,081   617   (0.07)
Virtu Financial, Inc. Class A   6,949   169,764   3,387   (0.40)
Visa, Inc. Class A   1,653   368,206   (7,876)   0.94
Visteon Corporation   (135)   12,743   1,036   (0.12)
Vistra Corporation   (9,845)   168,350   16,244   (1.94)
VMware, Inc. Class A   705   104,833   2,243   (0.27)
Vornado Realty Trust REIT   (1,469)   61,713   (883)   0.11
Voya Financial, Inc.   1,735   106,512   (4,922)   0.59
Vroom, Inc.   (3,255)   71,838   14,293   (1.71)
W.R. Berkley Corporation   (354)   25,906   (213)   0.03
W.W. Grainger, Inc.   907   356,505   (20,962)   2.50
Walgreens Boots Alliance, Inc.   (2,397)   112,779   8,433   (1.01)
Walt Disney Co. (The)   (2,155)   364,561   36,061   (4.31)
Washington Federal, Inc.   3,517   120,668   4,137   (0.49)
Waste Connections, Inc.   93   11,711   (598)   0.07
Waste Management, Inc.   (1,261)   188,343   4,747   (0.57)
Waters Corporation   339   121,125   (21,956)   2.62
Watsco, Inc.   516   136,544   (9,242)   1.10
Wayfair, Inc. Class A   (31)   7,921   594   (0.07)
Webster Financial Corporation   (2,231)   121,500   (11,716)   1.40
WEC Energy Group, Inc.   294   25,931   (637)   0.08
Wells Fargo & Co.   17,062   791,847   34,895   (4.17)
Welltower, Inc. REIT   (6,933)   571,279   25,702   (3.07)
Wendy's Co. (The)   12,827   278,089   (13,115)   1.57
Werner Enterprises, Inc.   2,159   95,579   (6,035)   0.72
West Pharmaceutical Services, Inc.   308   130,758   (11,319)   1.35
Western Alliance Bancorp   6,459   702,868   75,696   (9.04)
Western Digital Corporation   (1,821)   102,777   4,185   (0.50)
Westinghouse Air Brake Technologies Corporation   (7,108)   612,781   21,943   (2.62)
Westrock Co.   (2,645)   131,800   5,153   (0.62)
WEX, Inc.   (1,832)   322,688   (4,334)   0.52
Weyerhaeuser Co. REIT   3,337   118,697   3,115   (0.37)
Whirlpool Corporation   914   186,328   (10,971)   1.31
Williams Cos., Inc. (The)   673   17,458   2,046   (0.24)
Wingstop, Inc.   1,447   237,207   (24,208)   2.89
Wintrust Financial Corporation   620   49,829   3,659   (0.44)
Woodward, Inc.   3,235   366,202   (19,096)   2.28
Workday, Inc. Class A   883   220,653   (17,783)   2.12
218

Common Stocks   Shares   Notional   Unrealized
Appreciation
(Depreciation)
  Percentage of
Swap Value
World Fuel Services Corporation   8,243   $277,130   $12,228   (1.46)%
World Wrestling Entertainment, Inc. Class A   2,832   159,328   18,006   (2.15)
Worthington Industries, Inc.   (574)   30,250   423   (0.05)
WP Carey, Inc. REIT   1,349   98,531   (4,636)   0.55
WW International, Inc.   (2,695)   49,184   7,427   (0.89)
Wyndham Hotels & Resorts, Inc.   5,006   386,413   29,346   (3.51)
Xcel Energy, Inc.   (1,705)   106,562   10,139   (1.21)
Xerox Holdings Corporation   (10,873)   219,308   8,086   (0.97)
XPO Logistics, Inc.   (1,114)   88,652   5,826   (0.70)
Xylem, Inc.   (240)   29,683   2,336   (0.28)
Yelp, Inc.   4,058   151,120   3,433   (0.41)
YETI Holdings, Inc.   2,801   240,018   (38,824)   4.64
Yum! Brands, Inc.   1,853   226,640   (12,886)   1.54
Zillow Group, Inc. Class C   (2,410)   212,417   10,704   (1.28)
Zimmer Biomet Holdings, Inc.   (2,184)   319,650   (4,946)   0.59
Zions Bancorp NA   3,227   199,719   13,953   (1.67)
Zoetis, Inc.   2,322   450,793   (26,921)   3.22
Zoom Video Communications, Inc. Class A   452   118,198   (14,653)   1.75
Zscaler, Inc.   (107)   28,058   1,925   (0.23)
Zynga, Inc. Class A   (1,987)   14,962   1,490   (0.18)
        $157,315,312   $(837,004)   100.00%
For the Fund’s Valuation Hierarchy (a summary of the inputs used in valuing the Fund’s investments carried at fair value) at June 30, 2021, see Notes to Financial Statements in the Fund’s Semi-Annual Report.
219

See the Notes to Schedules of Investments in the June 30, 2021 GuideStone Funds' Semi-Annual Report to shareholders for more information. The Notes also contain Derivative Holdings Categorized by Risk Exposure by Fund as of June 30, 2021, the average balance of derivative holdings by Fund during the period ended June 30, 2021, and the market values of loaned securities and collateral received for each of the Select Funds.
220