Short 7-10 Year Treasury
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 99.1%
REPURCHASE AGREEMENTS(a) - 99.1%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $17,071,700
(Cost $17,071,669)		17,071,669		17,071,669
Total Investments - 99.1% (Cost $17,071,669)				17,071,669
Other assets less liabilities - 0.9%				150,513
Net Assets - 100.0%				17,222,182

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Short 7-10 Year Treasury
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Futures Contracts Sold

Short 7-10 Year Treasury had the following open short futures contracts as of August 31, 2020:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
U.S. Treasury 10 Year Note	3	12/21/2020	USD	$	417,750	$	(426	)

Swap Agreements

Short 7-10 Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
	(4,385,256	)	11/6/2021	Bank of America NA		0.28	%	ICE U.S. Treasury 7-10 Year Bond Index		(400,300	)
	(12,588,931	)	11/8/2021	Citibank NA		0.31	%	ICE U.S. Treasury 7-10 Year Bond Index		(1,599,729	)
	(16,974,187	)								(2,000,029	)
								Total Unrealized Depreciation		(2,000,029	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Short 20+ Year Treasury

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)  

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 97.5%
REPURCHASE AGREEMENTS(a) - 89.5%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $156,893,139 (Cost $156,892,865)		156,892,865		156,892,865
U.S. TREASURY OBLIGATIONS(b) - 8.0%
U.S. Treasury Bills
0.64%, 9/3/2020(c)		7,000,000		6,999,972
0.52%, 9/10/2020(c)		7,000,000		6,999,862
TOTAL U.S. TREASURY OBLIGATIONS (Cost $13,998,846)				13,999,834
TOTAL SHORT-TERM INVESTMENTS (Cost $170,891,711)				170,892,699
Total Investments - 97.5% (Cost $170,891,711)				170,892,699
Other assets less liabilities - 2.5%				4,420,800
Net Assets - 100.0%				175,313,499

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $2,703,943.
(c)	The rate shown was the current yield as of August 31, 2020.

Short 20+ Year Treasury

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)  

Futures Contracts Sold

Short 20+ Year Treasury had the following open short futures contracts as of August 31, 2020:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
U.S. Treasury Long Bond		8	12/21/2020	USD	$	1,405,750	$	(7,512	)

Swap Agreements

Short 20+ Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(24,613,334	)	12/7/2020	Citibank NA		0.29	%	ICE U.S. Treasury 20+ Year Bond Index		(1,142,717	)
	(117,622,345	)	12/7/2020	Goldman Sachs International		0.19	%	ICE U.S. Treasury 20+ Year Bond Index		2,516,600
	(32,449,337	)	11/6/2020	Societe Generale		0.16	%	ICE U.S. Treasury 20+ Year Bond Index		3,050,971
	(174,685,016	)								4,424,854
								Total Unrealized Appreciation		5,567,571
								Total Unrealized Depreciation		(1,142,717	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Short Basic Materials

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 85.0%
REPURCHASE AGREEMENTS(a) - 85.0%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $1,234,022
(Cost $1,234,021)		1,234,021		1,234,021
Total Investments - 85.0%  (Cost $1,234,021)				1,234,021
Other assets less liabilities - 15.0%				217,110
Net Assets - 100.0%				1,451,131

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Short Basic Materials had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(294,763	)	12/7/2020	Bank of America NA		0.34	%	Dow Jones U.S. Basic MaterialsSM Index		(280,704	)
	(146,656	)	11/8/2021	Credit Suisse International		(0.16	)%	Dow Jones U.S. Basic MaterialsSM Index		10,003
	(10,878	)	1/6/2021	Morgan Stanley & Co. International plc		0.33	%	Dow Jones U.S. Basic MaterialsSM Index		(555	)
	(377,114	)	1/6/2021	Societe Generale		(0.01	)%	Dow Jones U.S. Basic MaterialsSM Index		(45,234	)
	(614,423	)	11/8/2021	UBS AG		0.09	%	Dow Jones U.S. Basic MaterialsSM Index		(5,078	)
	(1,443,834	)								(321,568	)
								Total Unrealized Appreciation		10,003
								Total Unrealized Depreciation		(331,571	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short Dow30^SM
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 118.4%
REPURCHASE AGREEMENTS(a) - 58.0%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $223,835,593 (Cost $223,835,200)		223,835,200		223,835,200
U.S. TREASURY OBLIGATIONS(b) - 60.4%
U.S. Treasury Bills
0.64%, 9/3/2020(c)		7,000,000		6,999,970
0.52%, 9/10/2020(c)		6,000,000		5,999,899
0.10%, 9/17/2020(c)		25,000,000		24,999,167
0.12%, 10/15/2020(c)		50,000,000		49,995,111
0.13%, 10/22/2020(c)		30,000,000		29,996,281
0.12%, 10/29/2020(c)		25,000,000		24,996,526
0.13%, 11/12/2020(c)		45,000,000		44,992,350
0.11%, 12/3/2020(c)		45,000,000		44,988,375
TOTAL U.S. TREASURY OBLIGATIONS (Cost $232,956,367)				232,967,679
TOTAL SHORT-TERM INVESTMENTS (Cost $456,791,567)				456,802,879
Total Investments - 118.4% (Cost $456,791,567)				456,802,879
Liabilities in excess of other assets - (18.4%)				(70,871,282	)
Net Assets - 100.0%				385,931,597

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $97,226,455.
(c)	The rate shown was the current yield as of August 31, 2020.

Short Dow30^SM
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Futures Contracts Sold

Short Dow30^SM had the following open short futures contracts as of August 31, 2020:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
DJIA CBOT E-Mini Index		169	9/18/2020	USD	$	23,969,270	$	(305,286	)

Swap Agreements

Short Dow30^SM had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(5,478,243	)	11/6/2020	Bank of America NA		0.14	%	Dow Jones Industrial AverageSM		(9,728,323	)
	(123,130,547	)	11/6/2020	BNP Paribas SA		(0.41	)%	Dow Jones Industrial AverageSM		(26,066,505	)
	(54,073,955	)	1/20/2021	Citibank NA		(0.21	)%	Dow Jones Industrial AverageSM		(15,349,907	)
	(57,741,432	)	11/8/2021	Credit Suisse International		(0.16	)%	Dow Jones Industrial AverageSM		(17,385,422	)
	(27,378,138	)	12/7/2020	Goldman Sachs International		(0.31	)%	Dow Jones Industrial AverageSM		1,719,384
	(8,898,606	)	1/6/2021	Societe Generale		0.09	%	Dow Jones Industrial AverageSM		(4,881,865	)
	(85,059,923	)	11/6/2020	UBS AG		(0.36	)%	Dow Jones Industrial AverageSM		(33,686,419	)
	(361,760,844	)								(105,379,057	)
								Total Unrealized Appreciation		1,719,384
								Total Unrealized Depreciation		(107,098,441	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Short Financials  

Schedule of Portfolio Investments  

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 89.9%
REPURCHASE AGREEMENTS(a) - 89.9%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $21,241,762 (Cost $21,241,724)		21,241,724		21,241,724
Total Investments - 89.9%  (Cost $21,241,724)				21,241,724
Other assets less liabilities - 10.1%				2,395,611
Net Assets - 100.0%				23,637,335

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Short Financials had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(3,080,437	)	12/7/2020	Bank of America NA		(0.06	)%	Dow Jones U.S. FinancialsSM Indexc		320,973
	(1,595,622	)	12/7/2020	BNP Paribas SA		(0.31	)%	Dow Jones U.S. FinancialsSM Indexc		273,329
	(4,518,297	)	1/20/2021	Citibank NA		(0.26	)%	Dow Jones U.S. FinancialsSM Indexc		(885,085	)
	(1,785,786	)	11/8/2021	Credit Suisse International		(0.16	)%	Dow Jones U.S. FinancialsSM Indexc		(1,196,594	)
	(3,269,065	)	12/7/2020	Goldman Sachs International		(0.36	)%	Dow Jones U.S. FinancialsSM Indexc		(2,015,990	)
	(2,133,933	)	1/6/2021	Morgan Stanley & Co. International plc		0.37	%	Dow Jones U.S. FinancialsSM Indexc		(18,986	)
	(3,666,947	)	1/6/2021	Societe Generale		(0.21	)%	Dow Jones U.S. FinancialsSM Indexc		(811,288	)
	(3,422,952	)	11/8/2021	UBS AG		(0.26	)%	Dow Jones U.S. FinancialsSM Indexc		(974,687	)
	(23,473,039	)								(5,308,328	)
								Total Unrealized Appreciation		594,302
								Total Unrealized Depreciation		(5,902,630	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Financials for the components of the underlying reference instrument and their relative weightings.

Short FTSE China 50

Schedule of Portfolio Investments 

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 89.7%
REPURCHASE AGREEMENTS(a) - 89.7%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $5,732,339 (Cost $5,732,330)		5,732,330		5,732,330
Total Investments - 89.7% (Cost $5,732,330)				5,732,330
Other assets less liabilities - 10.3%				658,949
Net Assets - 100.0%				6,391,279

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a 

Short FTSE China 50 had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Dateb	Counterparty	Rate Paid (Received)c			Underlying Instrument	Value and Unrealized Depreciation ($)
	(2,070,239	)	1/8/2021	Bank of America NA		1.34	%	iShares® China Large-Cap ETF		(156,070	)
	(716,657	)	11/9/2021	Citibank NA		2.64	%	iShares® China Large-Cap ETF		(204,572	)
	(165,313	)	11/9/2021	Goldman Sachs International		1.64	%	iShares® China Large-Cap ETF		(143,846	)
	(3,229,042	)	11/9/2021	Societe Generale		1.54	%	iShares® China Large-Cap ETF		(262,872	)
	(201,680	)	11/6/2020	UBS AG		1.59	%	iShares® China Large-Cap ETF		(163,487	)
	(6,382,931	)								(930,847	)
								Total Unrealized Depreciation		(930,847	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short High Yield

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 81.5%
REPURCHASE AGREEMENTS(a) - 74.7%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $65,843,062 (Cost $65,842,945)		65,842,945		65,842,945
U.S. TREASURY OBLIGATIONS(b) - 6.8%
U.S. Treasury Bills
0.64%, 9/3/2020(c)		3,000,000		2,999,987
0.52%, 9/10/2020(c)		3,000,000		2,999,950
TOTAL U.S. TREASURY OBLIGATIONS (Cost $5,999,506)				5,999,937
TOTAL SHORT-TERM INVESTMENTS (Cost $71,842,451)				71,842,882
Total Investments - 81.5% (Cost $71,842,451)				71,842,882
Other assets less liabilities - 18.5%				16,262,082
Net Assets - 100.0%				88,104,964

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $5,999,909.
(c)	The rate shown was the current yield as of August 31, 2020.

Short High Yield

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Swap Agreements^a

Short High Yield had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Dateb	Counterparty	Rate Paid (Received)c			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(19,802,678	)	11/8/2021	Citibank NA		2.59	%	iShares® iBoxx $ High Yield Corporate Bond ETF		(2,464,623	)
	(40,522,382	)	11/8/2021	Credit Suisse International		0.34	%	iShares® iBoxx $ High Yield Corporate Bond ETF		(11,000,091	)
	(27,653,820	)	11/8/2021	Goldman Sachs International		1.89	%	iShares® iBoxx $ High Yield Corporate Bond ETF		10,914,240
	(87,978,880	)								(2,550,474	)
								Total Unrealized Appreciation		10,914,240
								Total Unrealized Depreciation		(13,464,714	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 97.6%
REPURCHASE AGREEMENTS(a) - 97.6%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $23,561,498 (Cost $23,561,456)		23,561,456		23,561,456
Total Investments - 97.6% (Cost $23,561,456)				23,561,456
Other assets less liabilities - 2.4%				585,040
Net Assets - 100.0%				24,146,496

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Short MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Futures Contracts Sold

Short MidCap400 had the following open short futures contracts as of August 31, 2020:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
S&P Midcap 400 E-Mini Index	10	9/18/2020	USD	$	1,924,500	$	(80,506	)

Swap Agreements

Short MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
	(2,162,219	)	11/6/2020	Bank of America NA		(0.26	)%	S&P MidCap 400®		(944,234	)
	(4,712,244	)	11/6/2020	BNP Paribas SA		(0.26	)%	S&P MidCap 400®		(1,199,115	)
	(6,496,293	)	11/6/2020	Citibank NA		(0.31	)%	S&P MidCap 400®		(3,882,301	)
	(1,392,888	)	11/8/2021	Credit Suisse International		(0.11	)%	S&P MidCap 400®		(1,783,123	)
	(1,009,507	)	1/6/2021	Morgan Stanley & Co. International plc		0.51	%	S&P MidCap 400®		(39,554	)
	(6,446,203	)	3/8/2021	Societe Generale		0.26	%	S&P MidCap 400®		(5,020,040	)
	(22,219,354	)								(12,868,367	)
								Total Unrealized Depreciation		(12,868,367	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Short MSCI EAFE

Schedule of Portfolio Investments  

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 90.9%
REPURCHASE AGREEMENTS(a) - 90.9%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $28,205,331
(Cost $28,205,281)		28,205,281		28,205,281
Total Investments - 90.9% (Cost $28,205,281)				28,205,281
Other assets less liabilities - 9.1%				2,835,704
Net Assets - 100.0%				31,040,985

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Short MSCI EAFE had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c		Underlying Instrument	Value and Unrealized Depreciation ($)
(5,334,756	)	11/9/2021	Citibank NA	0.29	%	iShares® MSCI EAFE ETF	(4,123,734	)
(5,787,268	)	11/9/2021	Credit Suisse International	(0.06	)%	iShares® MSCI EAFE ETF	(2,132,811	)
(11,777,945	)	11/6/2020	Goldman Sachs International	(0.11	)%	iShares® MSCI EAFE ETF	(1,279,965	)
(1,705,547	)	11/6/2020	Societe Generale	0.69	%	iShares® MSCI EAFE ETF	(1,434,236	)
(6,263,046	)	11/9/2021	UBS AG	0.24	%	iShares® MSCI EAFE ETF	(2,689,884	)
(30,868,562	)						(11,660,630	)
						Total Unrealized Depreciation	(11,660,630	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short MSCI Emerging Markets

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 89.8%
REPURCHASE AGREEMENTS(a) - 89.8%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $54,376,253
(Cost $54,376,157)		54,376,157	54,376,157
Total Investments - 89.8%  (Cost $54,376,157)			54,376,157
Other assets less liabilities - 10.2%			6,155,937
Net Assets - 100.0%			60,532,094

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Short MSCI Emerging Markets had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Dateb	Counterparty	Rate Paid (Received)c			Underlying Instrument	Value and Unrealized Depreciation ($)
	(15,922,178	)	11/6/2020	Bank of America NA		0.64	%	iShares® MSCI Emerging Markets ETF		(2,949,139	)
	(17,964,205	)	12/13/2021	Citibank NA		0.44	%	iShares® MSCI Emerging Markets ETF		(7,547,652	)
	(9,520,664	)	11/9/2021	Credit Suisse International		0.14	%	iShares® MSCI Emerging Markets ETF		(2,399,126	)
	(3,376,988	)	11/9/2021	Goldman Sachs International		1.89	%	iShares® MSCI Emerging Markets ETF		(2,131,256	)
	(1,517,182	)	11/9/2021	Morgan Stanley & Co. International plc		0.09	%	iShares® MSCI Emerging Markets ETF		(57,748	)
	(2,260,760	)	11/6/2020	Societe Generale		1.59	%	iShares® MSCI Emerging Markets ETF		(1,907,248	)
	(9,763,713	)	11/9/2021	UBS AG		0.94	%	iShares® MSCI Emerging Markets ETF		(3,681,762	)
	(60,325,690	)								(20,673,931	)
								Total Unrealized Depreciation		(20,673,931	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short Oil & Gas
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 79.6%
REPURCHASE AGREEMENTS(a) - 79.6%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $4,191,975
(Cost $4,191,968)		4,191,968		4,191,968
Total Investments - 79.6% (Cost $4,191,968)				4,191,968
Other assets less liabilities - 20.4%				1,073,611
Net Assets - 100.0%				5,265,579

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Short Oil & Gas had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(826,734	)	12/7/2020	Bank of America NA		0.14	%	Dow Jones U.S. Oil & GasSM Index		(201,120	)
	(1,008,575	)	11/8/2021	Credit Suisse International		(0.16	)%	Dow Jones U.S. Oil & GasSM Index		(117,356	)
	(306,258	)	12/7/2020	Goldman Sachs International		(0.26	)%	Dow Jones U.S. Oil & GasSM Index		(72,124	)
	(338,434	)	1/6/2021	Morgan Stanley & Co. International plc		0.60	%	Dow Jones U.S. Oil & GasSM Index		240,208
	(460,411	)	1/6/2021	Societe Generale		(0.01	)%	Dow Jones U.S. Oil & GasSM Index		203,414
	(2,309,659	)	11/8/2021	UBS AG		(0.01	)%	Dow Jones U.S. Oil & GasSM Index		(735,560	)
	(5,250,071	)								(682,538	)
								Total Unrealized Appreciation		443,622
								Total Unrealized Depreciation		(1,126,160	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short QQQ

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 124.3%
REPURCHASE AGREEMENTS(a) - 41.6%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $236,283,015 (Cost $236,282,600)		236,282,600		236,282,600
U.S. TREASURY OBLIGATIONS(b) - 82.7%
U.S. Treasury Bills
0.64%, 9/3/2020(c)		18,000,000		17,999,922
0.52%, 9/10/2020(c)		17,000,000		16,999,713
0.12%, 10/15/2020(c)		125,000,000		124,987,778
0.15%, 10/22/2020(c)		50,000,000		49,993,802
0.12%, 10/29/2020(c)		25,000,000		24,996,526
0.16%, 11/3/2020(c)		25,000,000		24,996,281
0.12%, 11/12/2020(c)		50,000,000		49,991,500
0.10%, 11/19/2020(c)		25,000,000		24,995,200
0.11%, 12/3/2020(c)		45,000,000		44,988,375
0.09%, 12/15/2020(c)		25,000,000		24,993,438
0.10%, 12/17/2020(c)		20,000,000		19,994,501
0.12%, 12/31/2020(c)		20,000,000		19,993,278
0.13%, 3/25/2021(c)		25,000,000		24,984,696
TOTAL U.S. TREASURY OBLIGATIONS (Cost $469,887,373)				469,915,010
TOTAL SHORT-TERM INVESTMENTS (Cost $706,169,973)				706,197,610
Total Investments - 124.3%  (Cost $706,169,973)				706,197,610
Liabilities in excess of other assets - (24.3%)				(138,094,120	)
Net Assets - 100.0%				568,103,490

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $170,419,623.
(c)	The rate shown was the current yield as of August 31, 2020.

Short QQQ

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Futures Contracts Sold

Short QQQ had the following open short futures contracts as of August 31, 2020:  

	Number of Contracts		Expiration Date		Trading Currency		Notional Amount		Value and Unrealized Depreciation
NASDAQ 100 E-Mini Index		233		9/18/2020		USD	$	56,352,215	$	(4,191,654	)

Swap Agreements

Short QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
	(50,157,397	)	11/6/2020	Bank of America NA		0.54	%	NASDAQ-100 Index®		(33,041,249	)
	(158,529,063	)	11/6/2020	BNP Paribas SA		(0.36	)%	NASDAQ-100 Index®		(40,033,965	)
	(8,041,505	)	1/20/2021	Citibank NA		(0.21	)%	NASDAQ-100 Index®		(40,163,747	)
	(81,408,126	)	11/8/2021	Credit Suisse International		(0.06	)%	NASDAQ-100 Index®		(54,632,009	)
	(120,525,686	)	12/7/2020	Goldman Sachs International		(0.41	)%	NASDAQ-100 Index®		(40,810,270	)
	(23,276,765	)	1/6/2021	Morgan Stanley & Co. International plc		0.27	%	NASDAQ-100 Index®		(7,562,261	)
	(64,150,378	)	1/6/2021	Societe Generale		(0.11	)%	NASDAQ-100 Index®		(10,416,658	)
	(5,519,185	)	11/6/2020	UBS AG		(0.31	)%	NASDAQ-100 Index®		(21,447,646	)
	(511,608,105	)								(248,107,805	)
								Total Unrealized Depreciation		(248,107,805	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Short Real Estate
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 95.7%
REPURCHASE AGREEMENTS(a) - 95.7%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $20,412,248
(Cost $20,412,214)		20,412,214		20,412,214
Total Investments - 95.7% (Cost $20,412,214)				20,412,214
Other assets less liabilities - 4.3%				925,230
Net Assets - 100.0%				21,337,444

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Short Real Estate had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(1,343,488	)	11/6/2020	Bank of America NA		(0.51	)%	Dow Jones U.S. Real EstateSM Index		(856,681	)
	(9,627,282	)	12/7/2020	BNP Paribas SA		(0.31	)%	Dow Jones U.S. Real EstateSM Index		(2,482,698	)
	(2,351,092	)	11/8/2021	Credit Suisse International		(0.21	)%	Dow Jones U.S. Real EstateSM Index		97,372
	(1,677,827	)	1/6/2021	Morgan Stanley & Co. International plc		0.38	%	Dow Jones U.S. Real EstateSM Index		127,827
	(4,500,626	)	1/6/2021	Societe Generale		(0.11	)%	Dow Jones U.S. Real EstateSM Index		(2,268,948	)
	(1,726,680	)	11/8/2021	UBS AG		0.09	%	Dow Jones U.S. Real EstateSM Index		(397,550	)
	(21,226,995	)								(5,780,678	)
								Total Unrealized Appreciation		225,199
								Total Unrealized Depreciation		(6,005,877	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Short Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited) 

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 113.5%
REPURCHASE AGREEMENTS(a) - 43.1%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $202,204,502 (Cost $202,204,146)		202,204,146		202,204,146
U.S. TREASURY OBLIGATIONS(b) - 70.4%
U.S. Treasury Bills
0.64%, 9/3/2020(c)		8,000,000		7,999,965
0.18%, 9/10/2020(c)		58,000,000		57,999,021
0.10%, 9/17/2020(c)		25,000,000		24,999,167
0.13%, 10/8/2020(c)		25,000,000		24,997,784
0.12%, 10/15/2020(c)		50,000,000		49,995,111
0.14%, 10/22/2020(c)		75,000,000		74,990,703
0.12%, 10/29/2020(c)		25,000,000		24,996,526
0.15%, 11/12/2020(c)		25,000,000		24,995,750
0.10%, 12/3/2020(c)		20,000,000		19,994,833
0.12%, 12/31/2020(c)		20,000,000		19,993,278
TOTAL U.S. TREASURY OBLIGATIONS (Cost $330,945,059)				330,962,138
TOTAL SHORT-TERM INVESTMENTS (Cost $533,149,205)				533,166,284
Total Investments - 113.5% (Cost $533,149,205)				533,166,284
Liabilities in excess of other assets - (13.5%)				(63,506,084	)
Net Assets - 100.0%				469,660,200

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $110,453,866.
(c)	The rate shown was the current yield as of August 31, 2020.

Short Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited) 

Futures Contracts Sold

Short Russell2000 had the following open short futures contracts as of August 31, 2020: 

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
Russell 2000 E-Mini Index	331	9/18/2020	USD	$	25,799,795	$	137,510

Swap Agreements 

Short Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(43,062,217	)	1/6/2021	Bank of America NA		0.84	%	Russell 2000® Index		(37,559,418	)
	(78,859,321	)	11/6/2020	BNP Paribas SA		0.24	%	Russell 2000® Index		(16,216,206	)
	(16,727,735	)	11/6/2020	Citibank NA		0.24	%	Russell 2000® Index		(16,960,941	)
	(110,470,210	)	11/8/2021	Credit Suisse International		0.14	%	Russell 2000® Index		(24,861,372	)
	(119,990,544	)	11/6/2020	Goldman Sachs International		0.14	%	Russell 2000® Index		(12,338,412	)
	(1,233,885	)	1/6/2021	Morgan Stanley & Co. International plc		0.70	%	Russell 2000® Index		144,206
	(25,457,082	)	1/6/2021	Societe Generale		0.34	%	Russell 2000® Index		(11,014,417	)
	(47,857,036	)	11/6/2020	UBS AG		0.34	%	Russell 2000® Index		(34,801,852	)
	(443,658,030	)								(153,608,412	)
								Total Unrealized Appreciation		144,206
								Total Unrealized Depreciation		(153,752,618	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations

USD U.S. Dollar

Short S&P500®
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 126.2%
REPURCHASE AGREEMENTS(a) - 21.1%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $581,316,303 (Cost $581,315,280)		581,315,280		581,315,280
U.S. TREASURY OBLIGATIONS(b) - 105.1%
U.S. Treasury Bills
0.64%, 9/3/2020(c)		58,000,000		57,999,750
0.17%, 9/8/2020(c)		100,000,000		99,998,444
0.33%, 9/10/2020(c)		107,000,000		106,998,194
0.11%, 9/17/2020(c)		250,000,000		249,991,667
0.16%, 9/22/2020(c)		50,000,000		49,997,813
0.06%, 9/24/2020(c)		100,000,000		99,995,528
0.14%, 10/1/2020(c)		175,000,000		174,987,969
0.11%, 10/8/2020(c)		75,000,000		74,993,351
0.14%, 10/13/2020(c)		25,000,000		24,997,667
0.12%, 10/15/2020(c)		250,000,000		249,975,555
0.13%, 10/22/2020(c)		140,000,000		139,982,646
0.12%, 10/29/2020(c)		50,000,000		49,993,052
0.16%, 11/3/2020(c)		25,000,000		24,996,281
0.12%, 11/5/2020(c)		150,000,000		149,977,656
0.14%, 11/12/2020(c)		175,000,000		174,970,250
0.09%, 11/19/2020(c)		150,000,000		149,971,198
0.16%, 11/27/2020(c)		50,000,000		49,988,823
0.10%, 12/3/2020(c)		50,000,000		49,987,084
0.09%, 12/15/2020(c)		50,000,000		49,986,875
0.10%, 12/17/2020(c)		20,000,000		19,994,501
0.12%, 12/31/2020(c)		45,000,000		44,984,875
0.10%, 1/5/2021(c)		50,000,000		49,981,625
0.01%, 1/28/2021(c)		200,000,000		199,920,326
0.11%, 2/4/2021(c)		100,000,000		99,956,667
0.07%, 2/25/2021(c)		400,000,000		399,788,585
0.13%, 3/25/2021(c)		50,000,000		49,969,392
TOTAL U.S. TREASURY OBLIGATIONS (Cost $2,894,432,262)				2,894,385,774
TOTAL SHORT-TERM INVESTMENTS (Cost $3,475,747,542)				3,475,701,054
Total Investments - 126.2% (Cost $3,475,747,542)				3,475,701,054
Liabilities in excess of other assets - (26.2%)				(721,515,530	)
Net Assets - 100.0%				2,754,185,524

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $906,627,847.
(c)	The rate shown was the current yield as of August 31, 2020.

Short S&P500®
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Futures Contracts Sold

Short S&P500® had the following open short futures contracts as of August 31, 2020:

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
S&P 500 E-Mini Index		1,107	9/18/2020	USD	$	193,309,875	$	(7,196,219	)

Swap Agreements

Short S&P500® had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
	(835,828,433	)	11/6/2020	Bank of America NA		0.84	%	S&P 500®		(292,747,607	)
	(171,844,296	)	11/6/2020	BNP Paribas SA		(0.41	)%	S&P 500®		(139,915,178	)
	(153,614,605	)	1/20/2021	Citibank NA		(0.21	)%	S&P 500®		(54,858,280	)
	(217,456,759	)	11/8/2021	Credit Suisse International		(0.16	)%	S&P 500®		(66,507,709	)
	(472,646,859	)	3/8/2021	Goldman Sachs International		(0.46	)%	S&P 500®		(65,817,267	)
	(20,074,278	)	1/6/2021	Morgan Stanley & Co. International plc		0.33	%	S&P 500®		(2,582,080	)
	(244,874,687	)	1/6/2021	Societe Generale		(0.11	)%	S&P 500®		(86,415,041	)
	(444,251,322	)	11/6/2020	UBS AG		(0.31	)%	S&P 500®		(220,100,117	)
	(2,560,591,239	)								(928,943,279	)
								Total Unrealized Depreciation		(928,943,279	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Short SmallCap600

Schedule of Portfolio Investments  

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 97.2%
REPURCHASE AGREEMENTS(a) - 97.2%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $12,159,789
(Cost $12,159,768)	12,159,768	12,159,768
Total Investments - 97.2%  (Cost $12,159,768)		12,159,768
Other assets less liabilities - 2.8%		346,504
Net Assets - 100.0%		12,506,272

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Short SmallCap600 had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(3,301,156	)	1/6/2021	Bank of America NA		(0.08	)%	S&P SmallCap 600®		(1,689,523	)
	(368,504	)	11/6/2020	Citibank NA		(0.26	)%	S&P SmallCap 600®		33,454
	(1,395,821	)	11/8/2021	Credit Suisse International		(0.06	)%	S&P SmallCap 600®		(945,377	)
	(2,005,201	)	1/6/2021	Morgan Stanley & Co. International plc		0.54	%	S&P SmallCap 600®		(538,771	)
	(3,858,505	)	1/6/2021	Societe Generale		0.24	%	S&P SmallCap 600®		(326,531	)
	(1,575,502	)	1/6/2021	UBS AG		(0.01	)%	S&P SmallCap 600®		(1,381,218	)
	(12,504,689	)								(4,847,966	)
								Total Unrealized Appreciation		33,454
								Total Unrealized Depreciation		(4,881,420	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra 7-10 Year Treasury  

Schedule of Portfolio Investments  

August 31, 2020 (Unaudited)  

Investments	Principal Amount ($)		Value ($)
U.S. TREASURY OBLIGATIONS - 85.1%
U.S. Treasury Bonds
6.13%, 11/15/2027		258,800		362,947
5.50%, 8/15/2028		187,000		259,506
5.25%, 11/15/2028		256,000		352,900
5.25%, 2/15/2029		170,000		235,875
6.13%, 8/15/2029		136,000		201,832
6.25%, 5/15/2030		236,000		360,914
U.S. Treasury Notes
2.25%, 11/15/2027		1,693,800		1,904,863
2.75%, 2/15/2028		2,011,500		2,340,726
2.88%, 5/15/2028		2,112,000		2,485,230
2.88%, 8/15/2028		2,176,000		2,569,380
3.13%, 11/15/2028		2,124,000		2,559,088
2.63%, 2/15/2029		2,052,000		2,396,031
2.38%, 5/15/2029		1,742,000		2,003,300
1.63%, 8/15/2029		1,506,000		1,637,775
1.75%, 11/15/2029		1,143,000		1,257,389
1.50%, 2/15/2030		2,320,000		2,500,344
0.63%, 5/15/2030		2,788,000		2,773,624
0.63%, 8/15/2030		1,226,000		1,218,050
TOTAL U.S. TREASURY OBLIGATIONS (Cost $25,023,934)				27,419,774
SHORT-TERM INVESTMENTS - 6.1%
REPURCHASE AGREEMENTS(a) - 6.1%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $1,950,236
(Cost $1,950,233)		1,950,233		1,950,233
Total Investments - 91.2%  (Cost $26,974,167)				29,370,007
Other assets less liabilities - 8.8%				2,828,368
Net Assets - 100.0%				32,198,375

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra 7-10 Year Treasury  

Schedule of Portfolio Investments  

August 31, 2020 (Unaudited)  

Futures Contracts Purchased

Ultra 7-10 Year Treasury had the following open long futures contracts as of August 31, 2020:

	Number of Contracts		Expiration Date		Trading Currency		Notional Amount		Value and Unrealized Appreciation
U.S. Treasury 10 Year Note		6		12/21/2020		USD	$	835,500	$	835

Swap Agreements

Ultra 7-10 Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	12,488,043	11/6/2020	Citibank NA		0.01	%	ICE U.S. Treasury 7-10 Year Bond Index		(101,252	)
	23,714,860	1/6/2021	Goldman Sachs International		0.01	%	ICE U.S. Treasury 7-10 Year Bond Index		2,696,187
	36,202,903								2,594,935
							Total Unrealized Appreciation		2,696,187
							Total Unrealized Depreciation		(101,252	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Ultra 20+ Year Treasury
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
U.S. TREASURY OBLIGATIONS - 49.1%
U.S. Treasury Bonds
4.25%, 11/15/2040		283,700		440,178
4.75%, 2/15/2041		302,400		498,346
4.38%, 5/15/2041		277,700		438,874
3.75%, 8/15/2041		280,500		411,349
3.13%, 11/15/2041		294,500		397,437
3.13%, 2/15/2042		345,200		466,964
3.00%, 5/15/2042		293,300		389,356
2.75%, 8/15/2042		420,900		538,588
2.75%, 11/15/2042		530,800		678,595
3.13%, 2/15/2043		517,900		700,743
2.88%, 5/15/2043		706,600		921,285
3.63%, 8/15/2043		581,300		847,018
3.75%, 11/15/2043		559,700		830,630
3.63%, 2/15/2044		716,800		1,046,528
3.38%, 5/15/2044		694,900		980,026
3.13%, 8/15/2044		740,800		1,007,372
3.00%, 11/15/2044		705,900		942,376
2.50%, 2/15/2045		781,900		961,554
3.00%, 5/15/2045		690,600		923,947
2.88%, 8/15/2045		690,000		905,948
3.00%, 11/15/2045		513,500		689,414
2.50%, 2/15/2046		738,200		910,812
2.50%, 5/15/2046		729,400		900,809
2.25%, 8/15/2046		764,000		901,938
2.88%, 11/15/2046		682,600		902,419
3.00%, 2/15/2047		774,500		1,047,632
3.00%, 5/15/2047		671,400		909,222
2.75%, 8/15/2047		758,000		984,571
2.75%, 11/15/2047		784,900		1,020,799
3.00%, 2/15/2048		881,900		1,199,246
3.13%, 5/15/2048		938,400		1,305,696
3.00%, 8/15/2048		1,006,600		1,373,301
3.38%, 11/15/2048		1,057,400		1,540,251
3.00%, 2/15/2049		1,070,000		1,464,813
2.88%, 5/15/2049		1,073,300		1,439,480
2.25%, 8/15/2049		1,083,400		1,290,685
2.38%, 11/15/2049		964,000		1,179,243
2.00%, 2/15/2050		1,144,700		1,297,446
1.25%, 5/15/2050		1,315,100		1,249,653
1.38%, 8/15/2050		580,000		569,170
TOTAL U.S. TREASURY OBLIGATIONS (Cost $36,822,023)				36,503,714
SHORT-TERM INVESTMENTS - 38.1%
REPURCHASE AGREEMENTS(a) - 38.1%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $28,266,937
(Cost $28,266,888)		28,266,888		28,266,888
Total Investments - 87.2% (Cost $65,088,911)				64,770,602
Other assets less liabilities - 12.8%				9,511,094
Net Assets - 100.0%				74,281,696

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra 20+ Year Treasury
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Futures Contracts Purchased

Ultra 20+ Year Treasury had the following open long futures contracts as of August 31, 2020:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
U.S. Treasury Long Bond	20	12/21/2020	USD	$	3,514,375	$	18,095

Swap Agreements

Ultra 20+ Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	28,359,171	12/7/2020	Bank of America NA		0.06	%	ICE U.S. Treasury 20+ Year Bond Index		1,756,003
	7,944,077	11/8/2021	Citibank NA		0.01	%	ICE U.S. Treasury 20+ Year Bond Index		6,100,518
	72,752,503	11/16/2020	Societe Generale		0.26	%	ICE U.S. Treasury 20+ Year Bond Index		(1,469,175	)
	109,055,751								6,387,346
							Total Unrealized Appreciation		7,856,521
							Total Unrealized Depreciation		(1,469,175	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Ultra Basic Materials

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 60.0%
Chemicals - 48.2%
Air Products and Chemicals, Inc.		7,322		2,139,928
Albemarle Corp.		3,525		320,810
Ashland Global Holdings, Inc.		2,004		147,675
Avient Corp.		3,031		77,351
Axalta Coating Systems Ltd.*		6,942		165,567
Cabot Corp.		1,872		69,283
Celanese Corp.		3,920		396,508
CF Industries Holdings, Inc.		7,090		231,347
Chemours Co. (The)		5,444		112,473
Corteva, Inc.		24,811		708,354
Dow, Inc.		24,557		1,108,012
DuPont de Nemours, Inc.		24,327		1,356,473
Eastman Chemical Co.		4,505		329,360
Ecolab, Inc.		8,198		1,615,662
Element Solutions, Inc.*		7,257		78,013
FMC Corp.		4,292		458,643
HB Fuller Co.		1,704		82,082
Huntsman Corp.		6,507		140,681
Ingevity Corp.*		1,366		76,728
International Flavors & Fragrances, Inc.		3,542		438,464
Linde plc		17,411		4,348,222
LyondellBasell Industries NV, Class A		8,523		558,086
Mosaic Co. (The)		11,560		210,739
NewMarket Corp.		239		89,025
Olin Corp.		5,233		58,871
PPG Industries, Inc.		7,822		941,769
RPM International, Inc.		4,293		363,918
Scotts Miracle-Gro Co. (The)		1,306		220,100
Sensient Technologies Corp.		1,404		77,529
Valvoline, Inc.		6,134		125,134
W R Grace & Co.		1,843		75,028
Westlake Chemical Corp.		1,143		67,803
				17,189,638
Metals & Mining - 11.6%
Alcoa Corp.*		6,164		90,118
Allegheny Technologies, Inc.*		4,198		34,969
Arconic Corp.*		3,182		70,799
Carpenter Technology Corp.		1,585		33,332
Commercial Metals Co.		3,948		82,395
Freeport-McMoRan, Inc.		48,137		751,419
Newmont Corp.		26,603		1,789,850
Nucor Corp.		9,983		453,827
Reliance Steel & Aluminum Co.		2,110		221,276
Royal Gold, Inc.		2,175		296,496
Steel Dynamics, Inc.		6,973		205,843
United States Steel Corp.(b)		7,298		57,143
Worthington Industries, Inc.		1,215		50,459
				4,137,926
Oil, Gas & Consumable Fuels - 0.0%(c)
Peabody Energy Corp.		2,397		6,256
Paper & Forest Products - 0.2%
Domtar Corp.		1,830		52,192
TOTAL COMMON STOCKS (Cost $21,834,605)				21,386,012
SECURITIES LENDING REINVESTMENTS(d) - 0.0%(c)
INVESTMENT COMPANIES - 0.0%(c)
BlackRock Liquidity FedFund, Institutional Class
0.01% (Cost $2,261)		2,261		2,261

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 21.2%
REPURCHASE AGREEMENTS(e) - 21.2%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $7,570,804
(Cost $7,570,792)	7,570,792	7,570,792
Total Investments - 81.2% (Cost $29,407,658)		28,959,065
Other assets less liabilities - 18.8%		6,695,147
Net Assets - 100.0%		35,654,212

Ultra Basic Materials

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $5,245,890.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $39,283, collateralized in the form of cash with a value of $2,261 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $38,687 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 3.88%, and maturity dates ranging from September 10, 2020 – February 15, 2049; a total value of $40,948.
(c)	Represents less than 0.05% of net assets.
(d)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $2,261.
(e)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Basic Materials had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	8,312,069	12/7/2020	Bank of America NA		0.41	%	Dow Jones U.S. Basic MaterialsSM Index		(419,571	)
	11,233,557	12/7/2020	Bank of America NA		0.46	%	iShares® U.S. Basic Materials ETF		1,336,757
	4,806,194	11/6/2020	Citibank NA		0.41	%	Dow Jones U.S. Basic MaterialsSM Index		271,055
	8,939,545	11/8/2021	Credit Suisse International		0.46	%	Dow Jones U.S. Basic MaterialsSM Index		1,583,351
	401,288	12/7/2020	Goldman Sachs International		0.61	%	Dow Jones U.S. Basic MaterialsSM Index		21,996
	3,672,810	12/7/2020	Goldman Sachs International		0.14	%	iShares® U.S. Basic Materials ETF		225,349
	282,836	1/6/2021	Morgan Stanley & Co. International plc		0.17	%	Dow Jones U.S. Basic MaterialsSM Index		12,872
	724,193	1/6/2021	Morgan Stanley & Co. International plc		0.36	%	iShares® U.S. Basic Materials ETF		34,781
	5,967,352	1/6/2021	Societe Generale		0.66	%	Dow Jones U.S. Basic MaterialsSM Index		(1,569,086	)
	5,592,252	11/8/2021	UBS AG		0.51	%	Dow Jones U.S. Basic MaterialsSM Index		(1,056,739	)
	49,932,096								440,765
							Total Unrealized Appreciation		3,486,161
							Total Unrealized Depreciation		(3,045,396	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Communication Services Select Sector

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 62.6%
Diversified Telecommunication Services - 5.6%
AT&T, Inc.		2,753		82,067
CenturyLink, Inc.		2,195		23,596
Verizon Communications, Inc.		1,506		89,261
				194,924
Entertainment - 12.6%
Activision Blizzard, Inc.		1,091		91,121
Electronic Arts, Inc.*		641		89,400
Live Nation Entertainment, Inc.*		316		17,949
Netflix, Inc.*		184		97,439
Take-Two Interactive Software, Inc.*		253		43,311
Walt Disney Co. (The)*		738		97,320
				436,540
Interactive Media & Services - 31.3%
Alphabet, Inc., Class A*		153		249,318
Alphabet, Inc., Class C*		149		243,493
Facebook, Inc., Class A*		1,782		522,481
Twitter, Inc.*		1,743		70,731
				1,086,023
Media - 10.4%
Charter Communications, Inc., Class A*		162		99,729
Comcast Corp., Class A		2,114		94,728
Discovery, Inc., Class A*		356		7,855
Discovery, Inc., Class C*		703		14,039
DISH Network Corp., Class A*		571		20,282
Fox Corp., Class A		761		21,201
Fox Corp., Class B		354		9,841
Interpublic Group of Cos., Inc. (The)		866		15,380
News Corp., Class A		864		13,064
News Corp., Class B		271		4,084
Omnicom Group, Inc.		476		25,747
ViacomCBS, Inc.		1,201		33,448
				359,398
Wireless Telecommunication Services - 2.7%
T-Mobile US, Inc.*		794		92,644
TOTAL COMMON STOCKS (Cost $1,565,096)				2,169,529

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 5.4%
REPURCHASE AGREEMENTS(b) - 5.4%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $185,594 (Cost $185,594)		185,594		185,594
Total Investments - 68.0%  (Cost $1,750,690)				2,355,123
Other assets less liabilities - 32.0%				1,106,300
Net Assets - 100.0%				3,461,423

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $556,679.
(b)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Communication Services Select Sector

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Swap Agreements

Ultra Communication Services Select Sector had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation ($)
	1,956,068	11/8/2021	BNP Paribas SA		0.66	%	Communication Services Select Sector Indexc		481,843
	1,395,159	2/8/2021	Goldman Sachs International		0.61	%	Communication Services Select Sector Indexc		95,284
	108,873	11/6/2020	Societe Generale		0.61	%	Communication Services Select Sector Indexc		281
	1,292,573	12/7/2020	UBS AG		0.51	%	Communication Services Select Sector Indexc		297,332
	4,752,673								874,740
							Total Unrealized Appreciation		874,740

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

Ultra Consumer Goods

Schedule of Portfolio Investments  

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 55.1%
Auto Components - 1.2%
Adient plc*		202		3,503
Aptiv plc		620		53,395
Autoliv, Inc.		182		14,258
BorgWarner, Inc.		480		19,483
Dana, Inc.		334		4,659
Gentex Corp.		567		15,337
Goodyear Tire & Rubber Co. (The)		538		5,162
Lear Corp.		126		14,355
Veoneer, Inc.*(b)		232		3,220
				133,372
Automobiles - 8.9%
Ford Motor Co.*		9,045		61,687
General Motors Co.		2,916		86,401
Harley-Davidson, Inc.		355		9,837
Tesla, Inc.*		1,695		844,653
Thor Industries, Inc.		128		12,087
				1,014,665
Beverages - 10.0%
Boston Beer Co., Inc. (The), Class A*		23		20,286
Brown-Forman Corp., Class B		422		30,878
Coca-Cola Co. (The)		8,948		443,194
Constellation Brands, Inc., Class A		389		71,763
Keurig Dr Pepper, Inc.		1,074		32,037
Molson Coors Beverage Co., Class B		435		16,373
Monster Beverage Corp.*		865		72,539
National Beverage Corp.*(b)		27		2,196
PepsiCo, Inc.		3,212		449,873
				1,139,139
Commercial Services & Supplies - 0.0%(c)
Herman Miller, Inc.		135		3,217
Distributors - 0.5%
Genuine Parts Co.		334		31,543
Pool Corp.		92		30,161
				61,704
Diversified Financial Services - 0.1%
Jefferies Financial Group, Inc.		522		9,156
Entertainment - 2.7%
Activision Blizzard, Inc.		1,784		149,000
Electronic Arts, Inc.*		668		93,166
Take-Two Interactive Software, Inc.*		264		45,194
Zynga, Inc., Class A*		2,212		20,041
				307,401
Food & Staples Retailing - 0.2%
Performance Food Group Co.*		306		11,172
US Foods Holding Corp.*		509		12,394
				23,566
Food Products - 7.2%
Archer-Daniels-Midland Co.		1,286		57,561
Beyond Meat, Inc.*		25		3,396
Bunge Ltd.		330		15,055
Campbell Soup Co.		392		20,623
Conagra Brands, Inc.		1,128		43,270
Darling Ingredients, Inc.*		380		12,149
Flowers Foods, Inc.		446		10,909
General Mills, Inc.		1,403		89,722
Hain Celestial Group, Inc. (The)*		182		5,968
Hershey Co. (The)		341		50,686
Hormel Foods Corp.		649		33,086
Ingredion, Inc.		154		12,388
J M Smucker Co. (The)		264		31,727
Kellogg Co.		579		41,057
Kraft Heinz Co. (The)		1,443		50,563
Lamb Weston Holdings, Inc.		339		21,306
Lancaster Colony Corp.		46		8,175
McCormick & Co., Inc. (Non-Voting)		287		59,179
Mondelez International, Inc., Class A		3,304		193,020
Pilgrim's Pride Corp.*		120		1,920
Post Holdings, Inc.*		149		13,115
Seaboard Corp.		1		2,683
TreeHouse Foods, Inc.*		131		5,608
Tyson Foods, Inc., Class A		681		42,767
				825,933
Household Durables - 2.3%
DR Horton, Inc.		767		54,741
Helen of Troy Ltd.*		58		11,996
Leggett & Platt, Inc.		306		12,546
Lennar Corp., Class A		636		47,585
Lennar Corp., Class B		35		2,075
Mohawk Industries, Inc.*		138		12,741
Newell Brands, Inc.		883		14,110
NVR, Inc.*		8		33,347
PulteGroup, Inc.		584		26,041
Tempur Sealy International, Inc.*		100		8,554
Toll Brothers, Inc.		268		11,315
Whirlpool Corp.		144		25,592
				260,643
Household Products - 10.6%
Church & Dwight Co., Inc.		569		54,527
Clorox Co. (The)		289		64,591
Colgate-Palmolive Co.		1,984		157,252
Energizer Holdings, Inc.		148		6,851
Kimberly-Clark Corp.		788		124,315
Procter & Gamble Co. (The)		5,732		792,909
Reynolds Consumer Products, Inc.		112		3,722
Spectrum Brands Holdings, Inc.		95		5,662
				1,209,829
Leisure Products - 0.5%
Brunswick Corp.		183		11,326
Hasbro, Inc.		296		23,366
Mattel, Inc.*(b)		803		8,628
Peloton Interactive, Inc., Class A*		58		4,447
Polaris, Inc.		133		13,439
				61,206
Machinery - 0.5%
Stanley Black & Decker, Inc.		356		57,423
Personal Products - 1.2%
Coty, Inc., Class A		689		2,467
Estee Lauder Cos., Inc. (The), Class A		521		115,516
Herbalife Nutrition Ltd.*		215		10,567
Nu Skin Enterprises, Inc., Class A		120		5,672
				134,222
Textiles, Apparel & Luxury Goods - 5.0%
Capri Holdings Ltd.*		346		5,481

Ultra Consumer Goods

Schedule of Portfolio Investments  

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Carter's, Inc.		101		8,042
Columbia Sportswear Co.		66		5,648
Deckers Outdoor Corp.*		65		13,251
Hanesbrands, Inc.		806		12,324
Levi Strauss & Co., Class A		95		1,170
Lululemon Athletica, Inc.*		264		99,177
NIKE, Inc., Class B		2,871		321,236
PVH Corp.		164		9,145
Ralph Lauren Corp.		111		7,640
Skechers USA, Inc., Class A*		316		9,433
Steven Madden Ltd.		178		3,766
Tapestry, Inc.		639		9,412
Under Armour, Inc., Class A*		436		4,277
Under Armour, Inc., Class C*		455		4,027
VF Corp.		739		48,589
Wolverine World Wide, Inc.		188		4,696
				567,314
Tobacco - 4.2%
Altria Group, Inc.		4,302		188,169
Philip Morris International, Inc.		3,606		287,723
				475,892
TOTAL COMMON STOCKS (Cost $5,781,224)				6,284,682
SECURITIES LENDING REINVESTMENTS(d) - 0.0%(c)
INVESTMENT COMPANIES - 0.0%(c)
BlackRock Liquidity FedFund, Institutional Class 0.01% (Cost $2,379)		2,379		2,379

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 19.3%
REPURCHASE AGREEMENTS(e) - 19.3%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $2,201,668 (Cost $2,201,662)		2,201,662	2,201,662
Total Investments - 74.4%  (Cost $7,985,265)			8,488,723
Other assets less liabilities - 25.6%			2,915,742
Net Assets - 100.0%			11,404,465

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $1,764,925.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $3,537, collateralized in the form of cash with a value of $2,379 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $1,430 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 4.63%, and maturity dates ranging from September 10, 2020 – May 15, 2050; a total value of $3,809.
(c)	Represents less than 0.05% of net assets.
(d)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $2,379.
(e)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Consumer Goods

Schedule of Portfolio Investments  

August 31, 2020 (Unaudited)

Swap Agreements

Ultra Consumer Goods had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation ($)
	2,142,010	11/13/2020	Bank of America NA		0.41	%	Dow Jones U.S. Consumer GoodsSM Index		78,761
	3,883,588	12/7/2020	Bank of America NA		0.16	%	iShares® U.S. Consumer Goods ETF		599,070
	197,385	1/20/2021	Citibank NA		0.41	%	Dow Jones U.S. Consumer GoodsSM Index		36,159
	332,072	11/8/2021	Credit Suisse International		0.46	%	Dow Jones U.S. Consumer GoodsSM Index		22,376
	486,110	12/7/2020	Goldman Sachs International		0.61	%	Dow Jones U.S. Consumer GoodsSM Index		99,691
	472,177	1/6/2021	Morgan Stanley & Co. International plc		0.66	%	Dow Jones U.S. Consumer GoodsSM Index		48,408
	1,484,887	1/6/2021	Morgan Stanley & Co. International plc		0.26	%	iShares® U.S. Consumer Goods ETF		188,087
	1,936,207	12/7/2020	Societe Generale		0.66	%	Dow Jones U.S. Consumer GoodsSM Index		39,960
	5,652,186	11/8/2021	UBS AG		0.51	%	Dow Jones U.S. Consumer GoodsSM Index		1,013,066
	16,586,622								2,125,578
							Total Unrealized Appreciation		2,125,578

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Consumer Services  

Schedule of Portfolio Investments  

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 57.2%
Airlines - 0.8%
Alaska Air Group, Inc.		402		15,658
Allegiant Travel Co.		43		5,530
American Airlines Group, Inc.(b)		1,628		21,246
Delta Air Lines, Inc.		1,860		57,381
JetBlue Airways Corp.*		883		10,172
Southwest Airlines Co.		1,757		66,028
Spirit Airlines, Inc.*(b)		290		5,185
United Airlines Holdings, Inc.*		827		29,772
				210,972
Commercial Services & Supplies - 0.5%
Copart, Inc.*		677		69,948
IAA, Inc.*		439		22,968
KAR Auction Services, Inc.		423		7,335
Rollins, Inc.		462		25,475
				125,726
Distributors - 0.1%
LKQ Corp.*		996		31,613
Diversified Consumer Services - 0.5%
Adtalem Global Education, Inc.*		170		5,644
Bright Horizons Family Solutions, Inc.*		191		25,405
Chegg, Inc.*		385		28,390
frontdoor, Inc.*		280		12,200
Graham Holdings Co., Class B		14		5,991
Grand Canyon Education, Inc.*		155		14,576
H&R Block, Inc.		631		9,149
Service Corp. International		584		26,660
ServiceMaster Global Holdings, Inc.*		432		17,237
				145,252
Entertainment - 6.3%
Cinemark Holdings, Inc.		351		5,142
Liberty Media Corp.-Liberty Formula One, Class A*		85		3,075
Liberty Media Corp.-Liberty Formula One, Class C*		667		26,000
Lions Gate Entertainment Corp., Class A*		184		1,792
Lions Gate Entertainment Corp., Class B*		358		3,243
Live Nation Entertainment, Inc.*		465		26,412
Madison Square Garden Entertainment Corp.*		57		4,285
Madison Square Garden Sports Corp., Class A*		57		9,348
Netflix, Inc.*		1,441		763,096
Roku, Inc.*		300		52,044
Walt Disney Co. (The)*		5,919		780,539
Warner Music Group Corp., Class A		252		7,474
World Wrestling Entertainment, Inc., Class A		152		6,699
				1,689,149
Food & Staples Retailing - 5.4%
Casey's General Stores, Inc.		121		21,520
Costco Wholesale Corp.		1,446		502,716
Kroger Co. (The)		2,576		91,912
Sprouts Farmers Market, Inc.*		386		9,013
Sysco Corp.		1,664		100,073
Walgreens Boots Alliance, Inc.		2,415		91,818
Walmart, Inc.		4,639		644,125
				1,461,177
Health Care Providers & Services - 0.4%
AmerisourceBergen Corp.		486		47,157
Cardinal Health, Inc.		957		48,577
				95,734
Hotels, Restaurants & Leisure - 6.5%
Aramark		828		22,820
Boyd Gaming Corp.		262		7,016
Carnival Corp.		1,552		25,577
Cheesecake Factory, Inc. (The)(b)		137		4,046
Chipotle Mexican Grill, Inc.*		84		110,063
Choice Hotels International, Inc.		103		10,227
Churchill Downs, Inc.		115		20,097
Cracker Barrel Old Country Store, Inc.		78		10,429
Darden Restaurants, Inc.		425		36,835
Domino's Pizza, Inc.		128		52,347
Dunkin' Brands Group, Inc.		269		20,466
Extended Stay America, Inc.		581		7,257
Hilton Grand Vacations, Inc.*		278		6,091
Hilton Worldwide Holdings, Inc.		908		82,047
Hyatt Hotels Corp., Class A		117		6,609
Las Vegas Sands Corp.		1,101		55,832
Marriott International, Inc., Class A		882		90,767
Marriott Vacations Worldwide Corp.		120		11,360
McDonald's Corp.		2,436		520,135
MGM Resorts International		1,616		36,360
Norwegian Cruise Line Holdings Ltd.*(b)		840		14,372
Planet Fitness, Inc., Class A*		262		15,927
Royal Caribbean Cruises Ltd.		563		38,757
Six Flags Entertainment Corp.		258		5,606
Starbucks Corp.		3,827		323,267
Texas Roadhouse, Inc.		213		13,417
Vail Resorts, Inc.		132		28,732
Wendy's Co. (The)		584		12,229
Wyndham Destinations, Inc.		279		8,088
Wyndham Hotels & Resorts, Inc.		305		15,970
Wynn Resorts Ltd.		318		27,809
Yum! Brands, Inc.		986		94,508
				1,735,063
Interactive Media & Services - 0.1%
Pinterest, Inc., Class A*		370		13,612
TripAdvisor, Inc.		330		7,712
Yelp, Inc.*		214		4,948
				26,272
Internet & Direct Marketing Retail - 19.1%
Amazon.com, Inc.*		1,373		4,738,167
Booking Holdings, Inc.*		134		256,000
Expedia Group, Inc.		444		43,579
Qurate Retail, Inc., Series A*		1,269		14,023
Wayfair, Inc., Class A*		222		65,836
				5,117,605
IT Services - 0.0%(c)
LiveRamp Holdings, Inc.*		214		11,950
Media - 5.5%
Altice USA, Inc., Class A*		891		24,574
AMC Networks, Inc., Class A*		133		3,231

Ultra Consumer Services  

Schedule of Portfolio Investments  

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Cable One, Inc.		17		31,286
Charter Communications, Inc., Class A*		494		304,111
Comcast Corp., Class A		14,922		668,655
Discovery, Inc., Class A*		524		11,562
Discovery, Inc., Class C*		1,037		20,709
DISH Network Corp., Class A*		842		29,908
Fox Corp., Class A		1,123		31,287
Fox Corp., Class B		522		14,512
Interpublic Group of Cos., Inc. (The)		1,276		22,662
John Wiley & Sons, Inc., Class A		143		4,526
Liberty Broadband Corp., Class A*		80		11,055
Liberty Broadband Corp., Class C*		501		70,185
Liberty Media Corp.-Liberty SiriusXM, Class A*		273		9,913
Liberty Media Corp.-Liberty SiriusXM, Class C*		548		19,725
Meredith Corp.		132		1,848
New York Times Co. (The), Class A		473		20,495
News Corp., Class A		1,274		19,263
News Corp., Class B		399		6,013
Nexstar Media Group, Inc., Class A		148		14,209
Omnicom Group, Inc.		702		37,971
Sinclair Broadcast Group, Inc., Class A(b)		182		3,787
Sirius XM Holdings, Inc.		4,448		26,110
TEGNA, Inc.		716		8,964
ViacomCBS, Inc.		1,770		49,294
				1,465,855
Multiline Retail - 2.0%
Dollar General Corp.		825		166,551
Dollar Tree, Inc.*		777		74,802
Kohl's Corp.		517		11,043
Macy's, Inc.(b)		1,015		7,074
Nordstrom, Inc.(b)		355		5,680
Ollie's Bargain Outlet Holdings, Inc.*		185		17,675
Target Corp.		1,638		247,682
				530,507
Professional Services - 0.4%
IHS Markit Ltd.		1,307		104,455
Road & Rail - 0.2%
AMERCO		26		9,227
Avis Budget Group, Inc.*		175		5,969
Lyft, Inc., Class A*		693		20,561
Uber Technologies, Inc.*		682		22,936
				58,693
Specialty Retail - 9.4%
Aaron's, Inc.		221		12,352
Advance Auto Parts, Inc.		226		35,326
American Eagle Outfitters, Inc.		510		6,431
AutoNation, Inc.*		189		10,746
AutoZone, Inc.*		76		90,920
Best Buy Co., Inc.		745		82,628
Burlington Stores, Inc.*		215		42,340
CarMax, Inc.*		533		56,994
Carvana Co.*		181		39,089
Dick's Sporting Goods, Inc.		213		11,528
Five Below, Inc.*(b)		183		20,029
Floor & Decor Holdings, Inc., Class A*		231		16,918
Foot Locker, Inc.		341		10,342
Gap, Inc. (The)		697		12,121
Home Depot, Inc. (The)		3,524		1,004,481
L Brands, Inc.		765		22,491
Lithia Motors, Inc., Class A		73		18,174
Lowe's Cos., Inc.		2,474		407,443
Murphy USA, Inc.*		90		12,137
National Vision Holdings, Inc.*		263		9,881
O'Reilly Automotive, Inc.*		243		113,148
Penske Automotive Group, Inc.		108		5,094
Ross Stores, Inc.*		1,164		106,017
Tiffany & Co.		358		43,855
TJX Cos., Inc. (The)		3,925		215,051
Tractor Supply Co.		379		56,407
Ulta Beauty, Inc.*		184		42,721
Urban Outfitters, Inc.*		231		5,438
Williams-Sonoma, Inc.		255		22,379
				2,532,481
Trading Companies & Distributors - 0.0%(c)
Beacon Roofing Supply, Inc.*		226		7,659
TOTAL COMMON STOCKS (Cost $12,988,141)				15,350,163
SECURITIES LENDING REINVESTMENTS(d) - 0.2%
INVESTMENT COMPANIES - 0.2%
BlackRock Liquidity FedFund, Institutional Class
0.01% (Cost $53,900)		53,900		53,900

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 15.0%
REPURCHASE AGREEMENTS(e) - 15.0%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $4,039,321
(Cost $4,039,313)	4,039,313	4,039,313
Total Investments - 72.4%  (Cost $17,081,354)		19,443,376
Other assets less liabilities - 27.6%		7,425,417
Net Assets - 100.0%		26,868,793

Ultra Consumer Services

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $2,746,341.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $59,160, collateralized in the form of cash with a value of $53,900 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $8,898 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 3.88%, and maturity dates ranging from September 10, 2020 – February 15, 2049; a total value of $62,798.
(c)	Represents less than 0.05% of net assets.
(d)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $53,900.
(e)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Consumer Services had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	6,738,049	12/7/2020	Bank of America NA		0.46	%	Dow Jones U.S. Consumer ServicesSM Index		621,107
	3,868,722	12/7/2020	BNP Paribas SA		0.61	%	Dow Jones U.S. Consumer ServicesSM Index		480,108
	2,371,107	1/20/2021	Citibank NA		0.41	%	Dow Jones U.S. Consumer ServicesSM Index		482,317
	2,084,536	11/8/2021	Credit Suisse International		0.46	%	Dow Jones U.S. Consumer ServicesSM Index		(683,043	)
	2,481,328	12/7/2020	Goldman Sachs International		0.61	%	Dow Jones U.S. Consumer ServicesSM Index		488,639
	1,452,148	1/6/2021	Morgan Stanley & Co. International plc		0.76	%	Dow Jones U.S. Consumer ServicesSM Index		268,525
	11,436,703	1/6/2021	Societe Generale		0.66	%	Dow Jones U.S. Consumer ServicesSM Index		1,950,903
	8,041,927	11/8/2021	UBS AG		0.51	%	Dow Jones U.S. Consumer ServicesSM Index		1,769,108
	38,474,520								5,377,664
							Total Unrealized Appreciation		6,060,707
							Total Unrealized Depreciation		(683,043	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Dow30^SM  

Schedule of Portfolio Investments  

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 70.5%
Aerospace & Defense - 2.8%
Boeing Co. (The)		64,231		11,036,170
Banks - 1.7%
JPMorgan Chase & Co.		64,231		6,435,304
Beverages - 0.8%
Coca-Cola Co. (The)		64,231		3,181,361
Biotechnology - 4.2%
Amgen, Inc.		64,231		16,270,997
Capital Markets - 2.8%
Goldman Sachs Group, Inc. (The)		54,007		11,064,414
Chemicals - 0.8%
Dow, Inc.		64,231		2,898,103
Communications Equipment - 0.7%
Cisco Systems, Inc.		64,231		2,711,833
Consumer Finance - 1.7%
American Express Co.		64,231		6,525,227
Diversified Telecommunication Services - 1.0%
Verizon Communications, Inc.		64,231		3,806,971
Entertainment - 2.2%
Walt Disney Co. (The)*		64,231		8,470,142
Food & Staples Retailing - 2.9%
Walgreens Boots Alliance, Inc.		64,231		2,442,063
Walmart, Inc.		64,231		8,918,474
				11,360,537
Health Care Providers & Services - 5.1%
UnitedHealth Group, Inc.		64,231		20,075,399
Hotels, Restaurants & Leisure - 3.5%
McDonald's Corp.		64,231		13,714,603
Household Products - 2.3%
Procter & Gamble Co. (The)		64,231		8,885,074
Industrial Conglomerates - 5.4%
3M Co.		64,231		10,470,938
Honeywell International, Inc.		64,231		10,633,442
				21,104,380
Insurance - 1.9%
Travelers Cos., Inc. (The)		64,231		7,453,365
IT Services - 5.5%
International Business Machines Corp.		64,231		7,920,324
Visa, Inc., Class A		64,231		13,616,330
				21,536,654
Machinery - 2.3%
Caterpillar, Inc.		64,231		9,140,714
Oil, Gas & Consumable Fuels - 1.4%
Chevron Corp.		64,231		5,390,908
Pharmaceuticals - 3.9%
Johnson & Johnson		64,231		9,853,678
Merck & Co., Inc.		64,231		5,476,977
				15,330,655
Semiconductors & Semiconductor Equipment - 0.8%
Intel Corp.		64,231		3,272,570
Software - 8.2%
Microsoft Corp.		64,231		14,486,018
salesforce.com, Inc.*		64,231		17,512,582
				31,998,600
Specialty Retail - 4.7%
Home Depot, Inc. (The)		64,231		18,308,405
Technology Hardware, Storage & Peripherals - 2.1%
Apple, Inc.		64,232		8,288,497
Textiles, Apparel & Luxury Goods - 1.8%
NIKE, Inc., Class B		64,231		7,186,807
TOTAL COMMON STOCKS (Cost $271,540,002)				275,447,690

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 24.0%
REPURCHASE AGREEMENTS(b) - 24.0%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $93,769,545 (Cost $93,769,379)		93,769,379		93,769,379
Total Investments - 94.5%  (Cost $365,309,381)				369,217,069
Other assets less liabilities - 5.5%				21,600,157
Net Assets - 100.0%				390,817,226

Ultra Dow30^SM  

Schedule of Portfolio Investments  

August 31, 2020 (Unaudited)  

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $99,194,955.
(b)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Dow30^SM  

Schedule of Portfolio Investments  

August 31, 2020 (Unaudited)  

Futures Contracts Purchased

Ultra Dow30^SM had the following open long futures contracts as of August 31, 2020:

	Number of Contracts		Expiration Date		Trading Currency		Notional Amount		Value and Unrealized Appreciation
DJIA CBOT E-Mini Index		276		9/18/2020		USD	$	39,145,080	$	3,344,767

Swap Agreements

Ultra Dow30^SM had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	33,186,113	12/7/2020	Bank of America NA		0.09	%	Dow Jones Industrial AverageSM		(1,723,187	)
	39,205,039	11/6/2020	BNP Paribas SA		0.71	%	Dow Jones Industrial AverageSM		(498,328	)
	7,022,222	1/20/2021	Citibank NA		0.41	%	Dow Jones Industrial AverageSM		(24,491,642	)
	104,480,434	11/8/2021	Credit Suisse International		0.41	%	Dow Jones Industrial AverageSM		9,061,889
	58,124,413	11/6/2020	Goldman Sachs International		0.61	%	Dow Jones Industrial AverageSM		12,227,250
	77,420,365	11/8/2021	Goldman Sachs International		0.46	%	SPDR® Dow Jones Industrial AverageSM ETF Trust		3,927,916
	44,458,027	1/6/2021	Morgan Stanley & Co. International plc		0.54	%	SPDR® Dow Jones Industrial AverageSM ETF Trust		4,425,863
	50,207,468	1/6/2021	Societe Generale		0.21	%	Dow Jones Industrial AverageSM		1,859,726
	52,931,835	11/6/2020	UBS AG		0.66	%	Dow Jones Industrial AverageSM		(2,055,413	)
	467,035,916								2,734,074
							Total Unrealized Appreciation		31,502,644
							Total Unrealized Depreciation		(28,768,570	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Ultra Financials
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 68.6%
Banks - 14.8%
Associated Banc-Corp.		10,474		140,771
BancorpSouth Bank		6,632		143,119
Bank of America Corp.		532,545		13,707,708
Bank of Hawaii Corp.		2,730		150,259
Bank OZK		8,243		189,919
BankUnited, Inc.		6,299		147,271
BOK Financial Corp.		2,157		121,094
Cathay General Bancorp		5,155		127,277
CIT Group, Inc.		6,707		131,927
Citigroup, Inc.		141,988		7,258,427
Citizens Financial Group, Inc.		29,096		752,714
Comerica, Inc.		9,482		374,823
Commerce Bancshares, Inc.		6,849		407,995
Cullen/Frost Bankers, Inc.		3,883		269,713
East West Bancorp, Inc.		9,652		355,001
Fifth Third Bancorp		48,556		1,003,167
First Citizens BancShares, Inc., Class A		535		210,335
First Financial Bankshares, Inc.		9,689		293,334
First Hawaiian, Inc.		8,855		146,373
First Horizon National Corp.		37,731		360,331
First Republic Bank		11,695		1,320,482
FNB Corp.		22,035		165,263
Fulton Financial Corp.		11,034		107,913
Glacier Bancorp, Inc.		6,054		212,405
Hancock Whitney Corp.		5,882		117,699
Home BancShares, Inc.		10,476		169,816
Huntington Bancshares, Inc.		69,173		650,918
International Bancshares Corp.		3,799		119,972
Investors Bancorp, Inc.		13,821		107,113
JPMorgan Chase & Co.		207,839		20,823,389
KeyCorp		66,528		819,625
M&T Bank Corp.		8,748		903,318
PacWest Bancorp		7,946		151,610
People's United Financial, Inc.		28,965		306,450
Pinnacle Financial Partners, Inc.		4,861		194,197
PNC Financial Services Group, Inc. (The)		28,937		3,217,794
Popular, Inc.		6,013		222,722
Prosperity Bancshares, Inc.		6,314		344,239
Regions Financial Corp.		65,215		753,885
Signature Bank		3,648		353,965
Sterling Bancorp		13,247		154,592
SVB Financial Group*		3,513		897,150
Synovus Financial Corp.		10,051		219,815
TCF Financial Corp.		10,375		278,880
Texas Capital Bancshares, Inc.*		3,602		116,669
Truist Financial Corp.		91,879		3,565,824
Trustmark Corp.		4,323		101,504
UMB Financial Corp.		2,888		155,143
Umpqua Holdings Corp.		15,021		169,437
United Bankshares, Inc.		8,673		226,712
US Bancorp		93,491		3,403,072
Valley National Bancorp		26,714		200,622
Webster Financial Corp.		6,149		169,098
Wells Fargo & Co.		254,519		6,146,634
Western Alliance Bancorp		6,326		223,308
Wintrust Financial Corp.		3,929		170,990
Zions Bancorp NA		11,177		359,452
				73,913,235
Capital Markets - 11.6%
Affiliated Managers Group, Inc.		3,221		221,122
Ameriprise Financial, Inc.		8,344		1,308,339
Bank of New York Mellon Corp. (The)		54,952		2,032,125
BlackRock, Inc.		10,521		6,251,473
Blackstone Group, Inc. (The), Class A		45,691		2,419,338
Cboe Global Markets, Inc.		7,486		687,140
Charles Schwab Corp. (The)		78,150		2,776,669
CME Group, Inc.		24,457		4,301,253
E*TRADE Financial Corp.		15,076		815,612
Eaton Vance Corp.		7,770		318,725
Evercore, Inc., Class A		2,765		171,098
FactSet Research Systems, Inc.		2,582		904,733
Federated Hermes, Inc., Class B		6,538		156,324
Franklin Resources, Inc.		18,919		398,434
Goldman Sachs Group, Inc. (The)		21,110		4,324,806
Interactive Brokers Group, Inc., Class A		5,235		277,560
Intercontinental Exchange, Inc.		37,325		3,965,035
Invesco Ltd.		25,665		261,783
Janus Henderson Group plc		10,468		216,897
Lazard Ltd., Class A		7,693		243,637
LPL Financial Holdings, Inc.		5,381		442,103
MarketAxess Holdings, Inc.		2,585		1,256,155
Moody's Corp.		10,996		3,239,861
Morgan Stanley		81,673		4,268,231
Morningstar, Inc.		1,399		224,050
MSCI, Inc.		5,801		2,165,339
Nasdaq, Inc.		7,830		1,052,509
Northern Trust Corp.		14,189		1,161,937
Raymond James Financial, Inc.		8,320		629,990
S&P Global, Inc.		16,431		6,020,647
SEI Investments Co.		8,474		443,699
State Street Corp.		24,005		1,634,500
Stifel Financial Corp.		4,672		236,917
T. Rowe Price Group, Inc.		15,515		2,159,843
TD Ameritrade Holding Corp.		18,078		693,834
Tradeweb Markets, Inc., Class A		5,265		301,632
Virtu Financial, Inc., Class A		5,420		139,999
				58,123,349
Consumer Finance - 2.1%
Ally Financial, Inc.		25,437		581,999
American Express Co.		45,021		4,573,683
Capital One Financial Corp.		31,054		2,143,658
Credit Acceptance Corp.*(b)		893		345,412
Discover Financial Services		20,887		1,108,682
FirstCash, Inc.		2,827		168,913
Green Dot Corp., Class A*		3,321		172,891
LendingTree, Inc.*(b)		528		163,120
Navient Corp.		11,631		105,726
OneMain Holdings, Inc.		5,131		149,210
Santander Consumer USA Holdings, Inc.		6,570		113,070
SLM Corp.		25,582		195,446
Synchrony Financial		36,613		908,369
				10,730,179
Diversified Financial Services - 6.0%
Berkshire Hathaway, Inc., Class B*		132,592		28,910,359
Equitable Holdings, Inc.		27,656		586,031

Ultra Financials
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Voya Financial, Inc.		8,606		446,737
				29,943,127
Equity Real Estate Investment Trusts (REITs) - 14.2%
Acadia Realty Trust		5,869		66,554
Alexandria Real Estate Equities, Inc.		8,606		1,449,078
American Campus Communities, Inc.		9,384		318,118
American Homes 4 Rent, Class A		17,410		498,622
American Tower Corp.		30,237		7,533,548
Americold Realty Trust		13,663		523,976
Apartment Investment and Management Co., Class A		10,157		365,957
Apple Hospitality REIT, Inc.		14,312		145,553
AvalonBay Communities, Inc.		9,598		1,517,060
Boston Properties, Inc.		9,856		856,191
Brandywine Realty Trust		11,627		129,408
Brixmor Property Group, Inc.		20,221		238,608
Camden Property Trust		6,644		604,205
Colony Capital, Inc.*		32,817		88,934
Columbia Property Trust, Inc.		7,801		92,052
CoreCivic, Inc.		8,160		75,970
CoreSite Realty Corp.		2,749		336,615
Corporate Office Properties Trust		7,651		188,521
Cousins Properties, Inc.		10,131		302,410
Crown Castle International Corp.		28,424		4,640,218
CubeSmart		13,205		417,542
CyrusOne, Inc.		7,857		656,295
DiamondRock Hospitality Co.		13,589		72,022
Digital Realty Trust, Inc.		18,301		2,848,551
Diversified Healthcare Trust		16,226		61,659
Douglas Emmett, Inc.		11,242		313,877
Duke Realty Corp.		25,125		968,569
EastGroup Properties, Inc.		2,663		354,605
EPR Properties		5,283		170,694
Equinix, Inc.		6,039		4,769,481
Equity Commonwealth		8,287		260,129
Equity LifeStyle Properties, Inc.		12,426		823,719
Equity Residential		23,858		1,346,784
Essex Property Trust, Inc.		4,461		965,851
Extra Space Storage, Inc.		8,806		938,279
Federal Realty Investment Trust		4,798		380,193
First Industrial Realty Trust, Inc.		8,675		369,989
Gaming and Leisure Properties, Inc.		14,093		512,281
GEO Group, Inc. (The)		8,277		92,371
Healthcare Realty Trust, Inc.		9,203		265,507
Healthcare Trust of America, Inc., Class A		14,900		393,211
Healthpeak Properties, Inc.		36,712		1,014,720
Highwoods Properties, Inc.		7,089		264,136
Host Hotels & Resorts, Inc.		48,062		539,736
Hudson Pacific Properties, Inc.		10,455		245,483
Invitation Homes, Inc.		37,085		1,061,744
Iron Mountain, Inc.		19,634		590,787
JBG SMITH Properties		8,016		221,803
Kilroy Realty Corp.		7,221		422,573
Kimco Realty Corp.		29,498		353,681
Lamar Advertising Co., Class A		5,886		407,488
Lexington Realty Trust		18,840		214,211
Life Storage, Inc.		3,198		337,165
Macerich Co. (The)(b)		7,931		62,893
Mack-Cali Realty Corp.		6,180		78,053
Medical Properties Trust, Inc.		36,035		669,530
Mid-America Apartment Communities, Inc.		7,797		913,185
National Health Investors, Inc.		3,046		189,613
National Retail Properties, Inc.		11,730		415,711
Omega Healthcare Investors, Inc.		15,470		479,106
Outfront Media, Inc.		9,846		166,693
Paramount Group, Inc.		13,009		96,267
Park Hotels & Resorts, Inc.		16,069		152,495
Pebblebrook Hotel Trust		8,918		112,545
Physicians Realty Trust		13,816		250,760
Piedmont Office Realty Trust, Inc., Class A		8,590		131,513
PotlatchDeltic Corp.		4,566		210,219
Prologis, Inc.		50,392		5,132,929
PS Business Parks, Inc.		1,370		172,894
Public Storage		10,253		2,177,737
Rayonier, Inc.		9,446		276,579
Realty Income Corp.		23,422		1,452,867
Regency Centers Corp.		11,572		459,524
Retail Properties of America, Inc., Class A		14,604		92,151
Rexford Industrial Realty, Inc.		8,369		401,545
RLJ Lodging Trust		11,261		106,304
Ryman Hospitality Properties, Inc.		3,751		143,138
Sabra Health Care REIT, Inc.		14,020		207,917
SBA Communications Corp.		7,612		2,329,805
Service Properties Trust		11,208		92,018
Simon Property Group, Inc.		20,839		1,413,926
SITE Centers Corp.		10,145		76,189
SL Green Realty Corp.		5,221		244,134
Spirit Realty Capital, Inc.		7,023		249,387
STORE Capital Corp.		15,174		410,305
Sun Communities, Inc.		6,700		998,836
Sunstone Hotel Investors, Inc.		14,707		122,509
Taubman Centers, Inc.		4,202		160,937
UDR, Inc.		20,111		700,064
Urban Edge Properties		7,550		79,728
Ventas, Inc.		25,445		1,048,588
VEREIT, Inc.		73,514		494,014
VICI Properties, Inc.		31,961		714,009
Vornado Realty Trust		10,820		387,681
Washington REIT		5,616		123,215
Weingarten Realty Investors		8,213		143,481
Welltower, Inc.		28,472		1,637,709
Weyerhaeuser Co.		50,892		1,542,536
WP Carey, Inc.		11,758		815,652
Xenia Hotels & Resorts, Inc.		7,740		69,505
				71,033,130
Insurance - 9.0%
Aflac, Inc.		48,940		1,777,501
Alleghany Corp.		974		540,142
Allstate Corp. (The)		21,425		1,992,525
American Financial Group, Inc.		5,085		339,932
American International Group, Inc.		58,742		1,711,742
Aon plc, Class A		15,759		3,151,642
Arch Capital Group Ltd.*		27,667		872,617
Arthur J Gallagher & Co.		12,932		1,361,740
Assurant, Inc.		4,068		494,506
Assured Guaranty Ltd.		5,927		127,134
Athene Holding Ltd., Class A*		8,080		295,405
Axis Capital Holdings Ltd.		5,750		274,620
Brighthouse Financial, Inc.*		6,402		194,365
Brown & Brown, Inc.		16,043		744,395
Chubb Ltd.		30,785		3,848,125

Ultra Financials
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Cincinnati Financial Corp.		10,293		817,367
CNA Financial Corp.		1,850		59,515
CNO Financial Group, Inc.		9,794		159,642
Enstar Group Ltd.*		1,041		186,329
Erie Indemnity Co., Class A		1,260		268,934
Everest Re Group Ltd.		2,728		600,378
Fidelity National Financial, Inc.		19,698		646,685
First American Financial Corp.		7,597		399,374
Genworth Financial, Inc., Class A*		34,326		103,665
Globe Life, Inc.		6,680		550,966
Hanover Insurance Group, Inc. (The)		2,591		265,552
Hartford Financial Services Group, Inc. (The)		24,429		988,153
Kemper Corp.		4,183		324,852
Lincoln National Corp.		13,179		475,103
Loews Corp.		16,504		591,833
Markel Corp.*		941		1,022,707
Marsh & McLennan Cos., Inc.		34,799		3,998,753
Mercury General Corp.		1,849		82,706
MetLife, Inc.		52,615		2,023,573
Old Republic International Corp.		19,489		313,968
Primerica, Inc.		2,780		347,083
Principal Financial Group, Inc.		17,388		732,209
ProAssurance Corp.		3,673		56,270
Progressive Corp. (The)		39,910		3,793,046
Prudential Financial, Inc.		26,941		1,825,792
Reinsurance Group of America, Inc.		4,623		423,837
RenaissanceRe Holdings Ltd.		3,430		630,228
RLI Corp.		2,728		255,859
Selective Insurance Group, Inc.		4,072		243,546
Travelers Cos., Inc. (The)		17,244		2,000,994
Unum Group		13,878		256,465
W R Berkley Corp.		9,627		597,355
White Mountains Insurance Group Ltd.		201		179,171
Willis Towers Watson plc		8,782		1,804,965
				44,753,266
IT Services - 9.2%
Mastercard, Inc., Class A		60,279		21,591,335
Visa, Inc., Class A		115,067		24,393,053
				45,984,388
Mortgage Real Estate Investment Trusts (REITs) - 0.5%
AGNC Investment Corp.		38,149		538,282
Annaly Capital Management, Inc.		97,562		717,081
Blackstone Mortgage Trust, Inc., Class A		9,204		218,779
Chimera Investment Corp.		13,109		116,539
Invesco Mortgage Capital, Inc.(b)		12,209		36,627
MFA Financial, Inc.		30,904		82,823
New Residential Investment Corp.		28,351		219,437
Starwood Property Trust, Inc.		19,249		300,284
Two Harbors Investment Corp.		18,656		101,675
				2,331,527
Professional Services - 0.5%
CoStar Group, Inc.*		2,683		2,276,794
Real Estate Management & Development - 0.4%
CBRE Group, Inc., Class A*		22,860		1,075,106
Cushman & Wakefield plc*		11,275		130,903
Howard Hughes Corp. (The)*		3,074		181,704
Jones Lang LaSalle, Inc.		3,521		362,804
				1,750,517
Thrifts & Mortgage Finance - 0.3%
Capitol Federal Financial, Inc.		9,653		90,159
Essent Group Ltd.		7,544		269,321
MGIC Investment Corp.		23,093		211,763
New York Community Bancorp, Inc.		31,628		286,233
Radian Group, Inc.		13,279		205,028
Rocket Cos., Inc., Class A*(b)		6,840		191,520
TFS Financial Corp.		3,439		53,132
Washington Federal, Inc.		5,164		121,096
				1,428,252
TOTAL COMMON STOCKS (Cost $277,204,912)				342,267,764
SECURITIES LENDING REINVESTMENTS(c) - 0.1%
INVESTMENT COMPANIES - 0.1%
BlackRock Liquidity FedFund, Institutional Class 0.01% (Cost $269,696)		269,696		269,696

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 2.9%
REPURCHASE AGREEMENTS(d) - 2.9%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $14,647,485
(Cost $14,647,460)	14,647,460	14,647,460
Total Investments - 71.6% (Cost $292,122,068)		357,184,920
Other assets less liabilities - 28.4%		141,743,950
Net Assets - 100.0%		498,928,870

Ultra Financials
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $67,729,393.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $661,204, collateralized in the form of cash with a value of $269,696 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $473,898 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 3.88%, and maturity dates ranging from September 10, 2020 – February 15, 2049; a total value of $743,594.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $269,696.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Financials had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	43,109,956	1/8/2021	Bank of America NA		0.71	%	Dow Jones U.S. FinancialsSM Indexc		7,720,236
	137,475,114	1/8/2021	BNP Paribas SA		0.71	%	Dow Jones U.S. FinancialsSM Indexc		22,191,819
	19,268,587	3/8/2021	Citibank NA		0.81	%	Dow Jones U.S. FinancialsSM Indexc		6,108,999
	76,638,433	1/8/2021	Credit Suisse International		0.46	%	Dow Jones U.S. FinancialsSM Indexc		9,895,957
	111,241,844	2/8/2021	Goldman Sachs International		0.61	%	Dow Jones U.S. FinancialsSM Indexc		9,263,187
	1,822,064	1/6/2021	Morgan Stanley & Co. International plc		0.13	%	Dow Jones U.S. FinancialsSM Indexc		(203,902	)
	151,971,462	1/8/2021	Societe Generale		0.86	%	Dow Jones U.S. FinancialsSM Indexc		61,065,062
	115,568,221	1/8/2021	UBS AG		0.81	%	Dow Jones U.S. FinancialsSM Indexc		19,968,553
	657,095,681								136,009,911
							Total Unrealized Appreciation		136,213,813
							Total Unrealized Depreciation		(203,902	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

Ultra FTSE China 50

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 59.2%
REPURCHASE AGREEMENTS(a) - 59.2%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $19,818,973 (Cost $19,818,936)		19,818,936		19,818,936
Total Investments - 59.2% (Cost $19,818,936)				19,818,936
Other assets less liabilities - 40.8%				13,655,527
Net Assets - 100.0%				33,474,463

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra FTSE China 50 had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	7,544,280	1/8/2021	Bank of America NA		0.36	%	iShares® China Large-Cap ETF		55,886
	908	12/13/2021	Citibank NA		(0.64	)%	iShares® China Large-Cap ETF		(928,422	)
	2,945,649	11/9/2021	Credit Suisse International		0.41	%	iShares® China Large-Cap ETF		(38,080	)
	15,753,719	11/9/2021	Goldman Sachs International		(1.39	)%	iShares® China Large-Cap ETF		2,524,882
	97,219	11/6/2020	Morgan Stanley & Co. International plc		0.01	%	iShares® China Large-Cap ETF		(2,201,848	)
	17,108,146	11/6/2020	Societe Generale		(0.24	)%	iShares® China Large-Cap ETF		1,421,390
	23,551,570	2/15/2022	UBS AG		(0.84	)%	iShares® China Large-Cap ETF		940,731
	67,001,491								1,774,539
							Total Unrealized Appreciation		4,942,889
							Total Unrealized Depreciation		(3,168,350	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra FTSE Europe

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 41.9%
REPURCHASE AGREEMENTS(a) - 41.9%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $1,821,892
(Cost $1,821,889)		1,821,889		1,821,889
Total Investments - 41.9% (Cost $1,821,889)				1,821,889
Other assets less liabilities - 58.1%				2,528,531
Net Assets - 100.0%				4,350,420

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra FTSE Europe had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c		Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	88,875	1/8/2021	Bank of America NA	0.46	%	Vanguard® FTSE Europe ETF Shares		(2,145	)
	102,936	11/9/2021	Citibank NA	0.31	%	Vanguard® FTSE Europe ETF Shares		(514,793	)
	2,880,135	1/14/2022	Credit Suisse International	0.46	%	Vanguard® FTSE Europe ETF Shares		69,447
	3,547,157	1/14/2022	Goldman Sachs International	(0.09	)%	Vanguard® FTSE Europe ETF Shares		857,727
	18,529	11/9/2021	Morgan Stanley & Co. International plc	0.41	%	Vanguard® FTSE Europe ETF Shares		(56,392	)
	366,450	11/9/2021	Societe Generale	0.16	%	Vanguard® FTSE Europe ETF Shares		(30,038	)
	1,723,140	1/14/2022	UBS AG	0.16	%	Vanguard® FTSE Europe ETF Shares		32,725
	8,727,222							356,531
						Total Unrealized Appreciation		959,899
						Total Unrealized Depreciation		(603,368	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Health Care
Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 57.7%
Biotechnology - 10.3%
AbbVie, Inc.		25,844		2,475,080
ACADIA Pharmaceuticals, Inc.*		1,668		66,036
Agios Pharmaceuticals, Inc.*		889		36,458
Alexion Pharmaceuticals, Inc.*		3,238		369,844
Alkermes plc*		2,328		38,505
Allogene Therapeutics, Inc.*		944		33,654
Alnylam Pharmaceuticals, Inc.*		1,658		219,917
Amgen, Inc.		8,626		2,185,138
Biogen, Inc.*		2,393		688,323
BioMarin Pharmaceutical, Inc.*		2,652		206,936
Bluebird Bio, Inc.*		949		56,276
Blueprint Medicines Corp.*		795		61,557
Exact Sciences Corp.*		2,086		157,055
Exelixis, Inc.*		4,497		99,923
FibroGen, Inc.*		1,176		52,720
Gilead Sciences, Inc.		18,389		1,227,466
Immunomedics, Inc.*		3,047		135,774
Incyte Corp.*		2,646		254,942
Intercept Pharmaceuticals, Inc.*		373		18,605
Ionis Pharmaceuticals, Inc.*		1,859		101,316
Moderna, Inc.*		4,332		281,104
Myriad Genetics, Inc.*		1,093		14,614
Neurocrine Biosciences, Inc.*		1,362		158,564
Regeneron Pharmaceuticals, Inc.*		1,480		917,496
Sage Therapeutics, Inc.*		761		39,907
Sarepta Therapeutics, Inc.*		1,086		159,012
Seattle Genetics, Inc.*		1,701		269,336
Ultragenyx Pharmaceutical, Inc.*		823		70,004
United Therapeutics Corp.*		646		69,096
Vertex Pharmaceuticals, Inc.*		3,801		1,060,935
Vir Biotechnology, Inc.*		111		4,493
				11,530,086
Health Care Equipment & Supplies - 15.6%
Abbott Laboratories		25,943		2,839,980
ABIOMED, Inc.*		660		203,029
Align Technology, Inc.*		1,051		312,126
Avanos Medical, Inc.*		700		22,680
Baxter International, Inc.		7,461		649,629
Becton Dickinson and Co.		4,324		1,049,738
Boston Scientific Corp.*		20,951		859,410
Cantel Medical Corp.		544		28,549
Cooper Cos., Inc. (The)		720		226,354
Danaher Corp.		9,227		1,905,099
DENTSPLY SIRONA, Inc.		3,213		144,167
DexCom, Inc.*		1,353		575,580
Edwards Lifesciences Corp.*		9,087		780,028
Globus Medical, Inc., Class A*		1,110		62,737
Haemonetics Corp.*		740		66,348
Hill-Rom Holdings, Inc.		977		91,633
Hologic, Inc.*		3,786		226,100
ICU Medical, Inc.*		284		56,868
IDEXX Laboratories, Inc.*		1,246		487,261
Insulet Corp.*		960		209,520
Integra LifeSciences Holdings Corp.*		1,033		49,367
Intuitive Surgical, Inc.*		1,711		1,250,467
LivaNova plc*		713		33,440
Masimo Corp.*		730		163,520
Medtronic plc		19,666		2,113,505
Neogen Corp.*		776		59,131
NuVasive, Inc.*		752		39,202
Penumbra, Inc.*		485		101,438
ResMed, Inc.		2,121		383,434
STERIS plc		1,247		199,071
Stryker Corp.		4,727		936,702
Teleflex, Inc.		681		267,599
Varian Medical Systems, Inc.*		1,331		231,155
West Pharmaceutical Services, Inc.		1,079		306,393
Zimmer Biomet Holdings, Inc.		3,033		427,289
				17,358,549
Health Care Providers & Services - 10.2%
1Life Healthcare, Inc.*		283		8,255
Acadia Healthcare Co., Inc.*		1,305		40,338
Amedisys, Inc.*		475		114,902
Anthem, Inc.		3,698		1,041,061
Centene Corp.*		8,492		520,729
Chemed Corp.		233		120,487
Cigna Corp.		5,410		959,572
Covetrus, Inc.*		1,429		32,738
CVS Health Corp.		19,174		1,191,089
DaVita, Inc.*		1,250		108,450
Encompass Health Corp.		1,458		95,120
Guardant Health, Inc.*		763		72,866
HCA Healthcare, Inc.		3,860		523,879
HealthEquity, Inc.*		1,040		59,779
Henry Schein, Inc.*		2,093		139,059
Humana, Inc.		1,939		805,015
Laboratory Corp. of America Holdings*		1,425		250,444
McKesson Corp.		2,373		364,113
MEDNAX, Inc.*		1,252		23,262
Molina Healthcare, Inc.*		868		160,554
Premier, Inc., Class A		977		31,997
Quest Diagnostics, Inc.		1,961		218,142
Tenet Healthcare Corp.*		1,536		43,284
UnitedHealth Group, Inc.		13,908		4,346,945
Universal Health Services, Inc., Class B		1,139		125,689
				11,397,769
Health Care Technology - 0.2%
Teladoc Health, Inc.*(b)		1,092		235,533
Life Sciences Tools & Services - 5.1%
10X Genomics, Inc., Class A*		170		19,485
Agilent Technologies, Inc.		4,528		454,702
Avantor, Inc.*		6,501		146,727
Bio-Rad Laboratories, Inc., Class A*		314		159,697
Bio-Techne Corp.		560		143,058
Bruker Corp.		1,492		62,694
Charles River Laboratories International, Inc.*		725		158,739
Illumina, Inc.*		2,156		770,166
IQVIA Holdings, Inc.*		2,604		426,405
Mettler-Toledo International, Inc.*		351		340,744
PPD, Inc.*		920		31,593
PRA Health Sciences, Inc.*		933		99,747
Repligen Corp.*		690		106,888
Syneos Health, Inc.*		917		57,863
Thermo Fisher Scientific, Inc.		5,793		2,485,081
Waters Corp.*		908		196,364
				5,659,953

Ultra Health Care
Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares	Value ($)
Pharmaceuticals - 16.3%
Bristol-Myers Squibb Co.	33,195	2,064,729
Catalent, Inc.*	2,260	209,050
Elanco Animal Health, Inc.*	5,849	169,972
Eli Lilly and Co.	12,352	1,832,913
Horizon Therapeutics plc*	2,788	209,435
Jazz Pharmaceuticals plc*	811	108,990
Johnson & Johnson	38,636	5,927,150
Merck & Co., Inc.	37,015	3,156,269
Mylan NV*	7,580	124,160
Nektar Therapeutics*	2,610	50,477
Perrigo Co. plc	1,999	104,548
Pfizer, Inc.	81,499	3,079,847
Royalty Pharma plc, Class A*	1,130	46,760
Zoetis, Inc.	6,965	1,115,097
		18,199,397
TOTAL COMMON STOCKS (Cost $60,150,897)		64,381,287
SECURITIES LENDING REINVESTMENTS(c) - 0.0%(d)
INVESTMENT COMPANIES - 0.0%(d)
BlackRock Liquidity FedFund, Institutional Class 0.01% (Cost $23,615)	23,615	23,615

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 21.5%
REPURCHASE AGREEMENTS(e) - 21.5%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $23,952,995
(Cost $23,952,953)		23,952,953		23,952,953
Total Investments - 79.2% (Cost $84,127,465)				88,357,855
Other assets less liabilities - 20.8%				23,154,976
Net Assets - 100.0%				111,512,831

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $15,857,951.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $23,942, collateralized in the form of cash with a value of $23,615 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments. The market value of the loaned securities is determined at the close of each business day of the Fund and any additional required collateral is delivered to the Fund, or excess collateral returned by the Fund, on the next business day.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $23,615.
(d)	Represents less than 0.05% of net assets.
(e)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Health Care
Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Swap Agreements

Ultra Health Care had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	24,837,289	12/7/2020	Bank of America NA		0.31	%	iShares® U.S. Healthcare ETF		2,007,615
	34,268,471	12/7/2020	Bank of America NA		0.56	%	Dow Jones U.S. Health CareSM Indexc		4,248,145
	2,135,509	11/6/2020	Citibank NA		0.41	%	Dow Jones U.S. Health CareSM Indexc		327,437
	18,883,208	11/8/2021	Credit Suisse International		0.46	%	Dow Jones U.S. Health CareSM Indexc		2,037,252
	13,675,313	12/7/2020	Goldman Sachs International		0.61	%	Dow Jones U.S. Health CareSM Indexc		2,862,498
	14,802,271	11/6/2020	Goldman Sachs International		0.14	%	iShares® U.S. Healthcare ETF		1,918,789
	419,285	1/6/2021	Morgan Stanley & Co. International plc		0.86	%	Dow Jones U.S. Health CareSM Indexc		57,447
	10,097,838	11/6/2020	Morgan Stanley & Co. International plc		0.41	%	iShares® U.S. Healthcare ETF		2,023,635
	4,394,198	1/6/2021	Societe Generale		0.91	%	Dow Jones U.S. Health CareSM Indexc		(1,163,046	)
	35,420,283	11/13/2020	UBS AG		0.51	%	Dow Jones U.S. Health CareSM Indexc		3,342
	158,933,665								14,323,114
							Total Unrealized Appreciation		15,486,160
							Total Unrealized Depreciation		(1,163,046	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

Ultra High Yield

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
EXCHANGE TRADED FUNDS - 8.7%
iShares iBoxx $ High Yield Corporate Bond ETF (Cost $474,658)		5,301		450,743

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 68.4%
REPURCHASE AGREEMENTS(a) - 68.4%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $3,572,939
(Cost $3,572,934)		3,572,934		3,572,934
Total Investments - 77.1%  (Cost $4,047,592)				4,023,677
Other assets less liabilities - 22.9%				1,197,709
Net Assets - 100.0%				5,221,386

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra High Yield had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Underlying Instrument	Value and Unrealized Appreciation ($)
	4,631,220	11/8/2021	Citibank NA		(0.09	)%	iShares® iBoxx $ High Yield Corporate Bond ETF		76,508
	3,782,534	11/6/2020	Credit Suisse International		0.46	%	iShares® iBoxx $ High Yield Corporate Bond ETF		193,447
	1,584,532	11/6/2020	Goldman Sachs International		(0.14	)%	iShares® iBoxx $ High Yield Corporate Bond ETF		49,591
	9,998,286								319,546
							Total Unrealized Appreciation		319,546

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Industrials

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 66.8%
Aerospace & Defense - 8.8%
Axon Enterprise, Inc.*		181		15,508
Boeing Co. (The)		1,635		280,926
BWX Technologies, Inc.		290		16,127
Curtiss-Wright Corp.		126		12,892
General Dynamics Corp.		708		105,740
HEICO Corp.		124		13,630
HEICO Corp., Class A		221		19,753
Hexcel Corp.		255		10,044
Howmet Aerospace, Inc.		1,170		20,498
Huntington Ingalls Industries, Inc.		123		18,637
L3Harris Technologies, Inc.		658		118,927
Lockheed Martin Corp.		752		293,476
Mercury Systems, Inc.*		170		12,876
Moog, Inc., Class A		92		5,547
Northrop Grumman Corp.		472		161,712
Raytheon Technologies Corp.		4,481		273,341
Spirit AeroSystems Holdings, Inc., Class A		322		6,620
Teledyne Technologies, Inc.*		112		35,124
Textron, Inc.		694		27,364
TransDigm Group, Inc.		153		76,450
				1,525,192
Air Freight & Logistics - 3.6%
CH Robinson Worldwide, Inc.		410		40,303
Expeditors International of Washington, Inc.		507		44,814
FedEx Corp.		732		160,923
United Parcel Service, Inc., Class B		2,146		351,128
XPO Logistics, Inc.*		277		24,451
				621,619
Building Products - 2.8%
A O Smith Corp.		412		20,176
Allegion plc		281		29,052
Armstrong World Industries, Inc.		146		10,766
Carrier Global Corp.		2,484		74,147
Fortune Brands Home & Security, Inc.		426		35,818
Johnson Controls International plc		2,266		92,294
Lennox International, Inc.		106		29,715
Masco Corp.		803		46,815
Owens Corning		328		22,186
Resideo Technologies, Inc.*		374		4,997
Trane Technologies plc		728		86,188
Trex Co., Inc.*		176		26,310
				478,464
Chemicals - 1.0%
Sherwin-Williams Co. (The)		246		165,078
Commercial Services & Supplies - 2.1%
ADT, Inc.		324		3,451
Brink's Co. (The)		154		7,447
Cimpress plc*		74		6,860
Cintas Corp.		256		85,309
Clean Harbors, Inc.*		156		9,532
Covanta Holding Corp.		358		3,379
Deluxe Corp.		127		3,607
MSA Safety, Inc.		109		13,729
Republic Services, Inc.		641		59,433
Stericycle, Inc.*		278		17,823
Tetra Tech, Inc.		165		15,231
Waste Management, Inc.		1,183		134,862
				360,663
Construction & Engineering - 0.6%
AECOM*		488		19,281
EMCOR Group, Inc.		167		12,527
Fluor Corp.		427		4,065
Jacobs Engineering Group, Inc.		397		35,837
MasTec, Inc.*		178		8,225
Quanta Services, Inc.		419		21,474
Valmont Industries, Inc.		65		8,258
				109,667
Construction Materials - 0.6%
Eagle Materials, Inc.		126		10,303
Martin Marietta Materials, Inc.		190		38,545
Summit Materials, Inc., Class A*		348		5,182
Vulcan Materials Co.		404		48,480
				102,510
Containers & Packaging - 2.3%
Amcor plc		4,798		53,066
AptarGroup, Inc.		196		23,204
Avery Dennison Corp.		254		29,309
Ball Corp.		993		79,807
Berry Global Group, Inc.*		404		20,822
Crown Holdings, Inc.*		411		31,585
Graphic Packaging Holding Co.		851		11,897
International Paper Co.		1,198		43,452
O-I Glass, Inc.		478		5,201
Packaging Corp. of America		290		29,360
Sealed Air Corp.		475		18,668
Silgan Holdings, Inc.		237		9,020
Sonoco Products Co.		306		16,227
Westrock Co.		789		23,930
				395,548
Electrical Equipment - 3.1%
Acuity Brands, Inc.		120		13,115
AMETEK, Inc.		699		70,389
Eaton Corp. plc		1,220		124,562
Emerson Electric Co.		1,821		126,505
EnerSys		129		9,285
Generac Holdings, Inc.*		191		36,286
GrafTech International Ltd.		171		1,139
Hubbell, Inc.		166		24,057
nVent Electric plc		476		9,101
Regal Beloit Corp.		123		12,160
Rockwell Automation, Inc.		353		81,377
Sensata Technologies Holding plc*		479		19,946
				527,922
Electronic Equipment, Instruments & Components - 3.4%
Amphenol Corp., Class A		902		99,040
Arrow Electronics, Inc.*		240		18,854
Avnet, Inc.		301		8,280
Belden, Inc.		117		3,941
Cognex Corp.		524		36,256
Coherent, Inc.*		74		8,337
Corning, Inc.		2,313		75,080
Dolby Laboratories, Inc., Class A		197		13,760
FLIR Systems, Inc.		399		14,723
IPG Photonics Corp.*		108		17,467
Itron, Inc.*		109		6,493
Jabil, Inc.		418		14,275
Keysight Technologies, Inc.*		570		56,156
Littelfuse, Inc.		74		13,382

Ultra Industrials

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
National Instruments Corp.		358		12,849
TE Connectivity Ltd.		1,005		97,083
Trimble, Inc.*		761		39,884
Vishay Intertechnology, Inc.		404		6,460
Zebra Technologies Corp., Class A*		162		46,418
				588,738
Industrial Conglomerates - 5.6%
3M Co.		1,753		285,774
Carlisle Cos., Inc.		167		21,869
General Electric Co.		26,659		169,018
Honeywell International, Inc.		2,139		354,112
Roper Technologies, Inc.		318		135,846
				966,619
IT Services - 14.7%
Accenture plc, Class A		1,941		465,704
Alliance Data Systems Corp.		129		5,819
Automatic Data Processing, Inc.		1,310		182,208
Black Knight, Inc.*		457		38,434
Broadridge Financial Solutions, Inc.		350		48,090
Euronet Worldwide, Inc.*		160		16,541
Fidelity National Information Services, Inc.		1,883		284,051
Fiserv, Inc.*		1,714		170,680
FleetCor Technologies, Inc.*		256		64,371
Genpact Ltd.		470		19,825
Global Payments, Inc.		912		161,077
Jack Henry & Associates, Inc.		233		38,543
MAXIMUS, Inc.		187		14,502
Paychex, Inc.		973		74,405
PayPal Holdings, Inc.*		3,578		730,413
Sabre Corp.		948		6,627
Square, Inc., Class A*		1,040		165,942
Western Union Co. (The)		1,252		29,535
WEX, Inc.*		133		21,241
				2,538,008
Life Sciences Tools & Services - 0.2%
PerkinElmer, Inc.		340		40,025
Machinery - 9.0%
AGCO Corp.		190		13,509
Allison Transmission Holdings, Inc.		345		12,375
Barnes Group, Inc.		145		5,742
Caterpillar, Inc.		1,650		234,811
Colfax Corp.*		256		8,520
Crane Co.		150		8,481
Cummins, Inc.		450		93,262
Deere & Co.		953		200,187
Donaldson Co., Inc.		385		19,389
Dover Corp.		439		48,220
Flowserve Corp.		397		11,783
Fortive Corp.		903		65,115
Gates Industrial Corp. plc*		142		1,603
Graco, Inc.		508		29,474
Hillenbrand, Inc.		228		7,230
IDEX Corp.		230		41,453
Illinois Tool Works, Inc.		876		173,054
Ingersoll Rand, Inc.*		1,054		36,953
ITT, Inc.		263		16,519
Kennametal, Inc.		253		7,342
Lincoln Electric Holdings, Inc.		181		17,504
Middleby Corp. (The)*		169		16,545
Navistar International Corp.*		200		6,396
Nordson Corp.		157		29,279
Oshkosh Corp.		207		15,941
Otis Worldwide Corp.		1,241		78,059
PACCAR, Inc.		1,054		90,475
Parker-Hannifin Corp.		391		80,550
Pentair plc		505		22,796
Snap-on, Inc.		166		24,613
Terex Corp.		194		3,797
Timken Co. (The)		206		11,163
Toro Co. (The)		327		24,617
Trinity Industries, Inc.		287		5,875
Welbilt, Inc.*		401		2,959
Westinghouse Air Brake Technologies Corp.		551		36,669
Woodward, Inc.		172		14,739
Xylem, Inc.		549		44,019
				1,561,018
Marine - 0.1%
Kirby Corp.*		183		7,766
Paper & Forest Products - 0.1%
Louisiana-Pacific Corp.		342		11,265
Professional Services - 1.8%
ASGN, Inc.*		160		11,483
CoreLogic, Inc.		242		16,069
Equifax, Inc.		370		62,260
FTI Consulting, Inc.*		113		12,968
Insperity, Inc.		111		7,478
Korn Ferry		168		5,124
ManpowerGroup, Inc.		177		12,976
Nielsen Holdings plc		1,087		16,609
Robert Half International, Inc.		349		18,567
TransUnion		578		50,124
TriNet Group, Inc.*		131		8,887
Verisk Analytics, Inc.		495		92,402
				314,947
Road & Rail - 5.4%
CSX Corp.		2,333		178,381
JB Hunt Transport Services, Inc.		257		36,119
Kansas City Southern		289		52,609
Knight-Swift Transportation Holdings, Inc.		373		16,957
Landstar System, Inc.		117		15,571
Norfolk Southern Corp.		781		165,986
Old Dominion Freight Line, Inc.		288		58,228
Ryder System, Inc.		164		6,708
Union Pacific Corp.		2,068		397,966
				928,525
Trading Companies & Distributors - 1.6%
Air Lease Corp.		322		10,008
Applied Industrial Technologies, Inc.		118		7,105
Fastenal Co.		1,745		85,261
GATX Corp.		107		7,156
HD Supply Holdings, Inc.*		494		19,592
MSC Industrial Direct Co., Inc., Class A		139		9,160
SiteOne Landscape Supply, Inc.*		127		15,881
United Rentals, Inc.*		219		38,774
Univar Solutions, Inc.*		422		7,676

Ultra Industrials

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Watsco, Inc.		100		24,499
WESCO International, Inc.*		147		6,887
WW Grainger, Inc.		132		48,237
				280,236
Transportation Infrastructure - 0.0%(b)
Macquarie Infrastructure Corp.		237		6,641
TOTAL COMMON STOCKS (Cost $11,432,727)				11,530,451

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 14.7%
REPURCHASE AGREEMENTS(c) - 14.7%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $2,546,239
(Cost $2,546,234)		2,546,234		2,546,234
Total Investments - 81.5% (Cost $13,978,961)				14,076,685
Other assets less liabilities - 18.5%				3,187,633
Net Assets - 100.0%				17,264,318

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $2,911,405.
(b)	Represents less than 0.05% of net assets.
(c)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Industrials

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Swap Agreements

Ultra Industrials had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	3,754,094	1/6/2021	Bank of America NA		0.16	%	iShares® U.S. Industrials ETF		37,602
	6,405,828	1/6/2021	Bank of America NA		0.46	%	Dow Jones U.S. IndustrialsSM Index		(1,510,683	)
	752,016	1/20/2021	Citibank NA		0.41	%	Dow Jones U.S. IndustrialsSM Index		23,736
	149,093	11/8/2021	Credit Suisse International		0.46	%	Dow Jones U.S. IndustrialsSM Index		3,682
	715,972	12/7/2020	Goldman Sachs International		0.61	%	Dow Jones U.S. IndustrialsSM Index		21,440
	394,428	11/6/2020	Morgan Stanley & Co. International plc		0.66	%	Dow Jones U.S. IndustrialsSM Index		23,281
	2,210,136	11/6/2020	Morgan Stanley & Co. International plc		0.41	%	iShares® U.S. Industrials ETF		151,081
	7,064,463	11/6/2020	Societe Generale		0.66	%	Dow Jones U.S. IndustrialsSM Index		1,338,087
	1,572,845	11/8/2021	UBS AG		0.51	%	Dow Jones U.S. IndustrialsSM Index		(1,197,358	)
	23,018,875								(1,109,132	)
							Total Unrealized Appreciation		1,598,909
							Total Unrealized Depreciation		(2,708,041	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 79.4%
Aerospace & Defense - 0.8%
Axon Enterprise, Inc.*		3,760		322,157
Curtiss-Wright Corp.		2,491		254,879
Hexcel Corp.		4,994		196,713
Mercury Systems, Inc.*		3,327		251,987
				1,025,736
Air Freight & Logistics - 0.4%
XPO Logistics, Inc.*		5,451		481,160
Airlines - 0.1%
JetBlue Airways Corp.*		16,132		185,841
Auto Components - 1.0%
Adient plc*		5,223		90,567
Dana, Inc.		8,643		120,570
Delphi Technologies plc*		5,166		89,733
Gentex Corp.		14,647		396,201
Goodyear Tire & Rubber Co. (The)		13,934		133,697
Lear Corp.		3,262		371,640
Visteon Corp.*		1,663		125,440
				1,327,848
Automobiles - 0.4%
Harley-Davidson, Inc.		9,163		253,907
Thor Industries, Inc.		3,301		311,713
				565,620
Banks - 4.4%
Associated Banc-Corp.		9,192		123,541
BancorpSouth Bank		5,814		125,466
Bank of Hawaii Corp.		2,393		131,711
Bank OZK		7,231		166,602
Cathay General Bancorp		4,522		111,648
CIT Group, Inc.		5,884		115,738
Commerce Bancshares, Inc.		6,007		357,837
Cullen/Frost Bankers, Inc.		3,405		236,511
East West Bancorp, Inc.		8,464		311,306
First Financial Bankshares, Inc.		8,496		257,216
First Horizon National Corp.		33,096		316,067
FNB Corp.		19,323		144,923
Fulton Financial Corp.		9,677		94,641
Glacier Bancorp, Inc.		5,311		186,336
Hancock Whitney Corp.		5,162		103,292
Home BancShares, Inc.		9,187		148,921
International Bancshares Corp.		3,331		105,193
PacWest Bancorp		6,968		132,949
Pinnacle Financial Partners, Inc.		4,265		170,387
Prosperity Bancshares, Inc.		5,544		302,259
Signature Bank		3,205		310,981
Sterling Bancorp		11,641		135,851
Synovus Financial Corp.		8,812		192,718
TCF Financial Corp.		9,099		244,581
Texas Capital Bancshares, Inc.*		3,017		97,721
Trustmark Corp.		3,793		89,060
UMB Financial Corp.		2,535		136,180
Umpqua Holdings Corp.		13,172		148,580
United Bankshares, Inc.		7,609		198,899
Valley National Bancorp		23,429		175,952
Webster Financial Corp.		5,393		148,308
Wintrust Financial Corp.		3,444		149,883
				5,671,258
Beverages - 0.4%
Boston Beer Co., Inc. (The), Class A*		577		508,902
Biotechnology - 1.1%
Arrowhead Pharmaceuticals, Inc.*		6,088		257,157
Emergent BioSolutions, Inc.*		2,665		303,943
Exelixis, Inc.*		18,343		407,581
Ligand Pharmaceuticals, Inc.*(b)		961		98,022
United Therapeutics Corp.*		2,632		281,519
				1,348,222
Building Products - 1.4%
Builders FirstSource, Inc.*		6,965		213,268
Lennox International, Inc.		2,082		583,647
Owens Corning		6,450		436,278
Trex Co., Inc.*		3,461		517,385
				1,750,578
Capital Markets - 2.0%
Affiliated Managers Group, Inc.		2,826		194,005
Eaton Vance Corp.		6,814		279,510
Evercore, Inc., Class A		2,425		150,059
FactSet Research Systems, Inc.		2,265		793,656
Federated Hermes, Inc., Class B		5,735		137,124
Interactive Brokers Group, Inc., Class A		4,591		243,415
Janus Henderson Group plc		9,180		190,210
SEI Investments Co.		7,433		389,192
Stifel Financial Corp.		4,099		207,860
				2,585,031
Chemicals - 2.1%
Ashland Global Holdings, Inc.		3,616		266,463
Avient Corp.		5,467		139,518
Cabot Corp.		3,377		124,983
Chemours Co. (The)		9,820		202,881
Ingevity Corp.*		2,466		138,515
Minerals Technologies, Inc.		2,039		103,479
NewMarket Corp.		432		160,916
Olin Corp.		9,449		106,301
RPM International, Inc.		7,745		656,544
Scotts Miracle-Gro Co. (The)		2,355		396,888
Sensient Technologies Corp.		2,535		139,983
Valvoline, Inc.		11,066		225,746
				2,662,217
Commercial Services & Supplies - 1.6%
Brink's Co. (The)		3,021		146,096
Clean Harbors, Inc.*		3,058		186,844
Healthcare Services Group, Inc.		4,452		92,602
Herman Miller, Inc.		3,516		83,786
HNI Corp.		2,550		81,217
IAA, Inc.*		7,969		416,938
KAR Auction Services, Inc.		7,730		134,038
MSA Safety, Inc.		2,138		269,281
Stericycle, Inc.*		5,469		350,618
Tetra Tech, Inc.		3,230		298,161
				2,059,581
Communications Equipment - 1.0%
Ciena Corp.*		9,190		521,716
InterDigital, Inc.		1,839		112,455
Lumentum Holdings, Inc.*		4,481		385,366
NetScout Systems, Inc.*		3,801		87,955
ViaSat, Inc.*		3,494		138,922
				1,246,414

Ultra MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Construction & Engineering - 0.9%
AECOM*		9,575		378,308
Dycom Industries, Inc.*		1,893		116,438
EMCOR Group, Inc.		3,279		245,958
Fluor Corp.		8,384		79,816
MasTec, Inc.*		3,484		160,996
Valmont Industries, Inc.		1,279		162,497
				1,144,013
Construction Materials - 0.2%
Eagle Materials, Inc.		2,489		203,525
Consumer Finance - 0.4%
FirstCash, Inc.		2,478		148,061
LendingTree, Inc.*(b)		461		142,421
Navient Corp.		10,202		92,736
SLM Corp.		22,438		171,426
				554,644
Containers & Packaging - 0.9%
AptarGroup, Inc.		3,840		454,618
Greif, Inc., Class A		1,583		58,333
O-I Glass, Inc.		9,365		101,891
Silgan Holdings, Inc.		4,643		176,713
Sonoco Products Co.		6,001		318,233
				1,109,788
Distributors - 0.6%
Pool Corp.		2,389		783,210
Diversified Consumer Services - 0.9%
Adtalem Global Education, Inc.*		3,096		102,787
Graham Holdings Co., Class B		256		109,555
Grand Canyon Education, Inc.*		2,831		266,227
Service Corp. International		10,656		486,447
Strategic Education, Inc.		1,442		147,906
WW International, Inc.*		2,788		65,462
				1,178,384
Diversified Financial Services - 0.2%
Jefferies Financial Group, Inc.		13,507		236,913
Electric Utilities - 1.0%
ALLETE, Inc.		3,099		167,222
Hawaiian Electric Industries, Inc.		6,529		225,969
IDACORP, Inc.		3,019		271,408
OGE Energy Corp.		11,973		381,460
PNM Resources, Inc.		4,768		208,266
				1,254,325
Electrical Equipment - 1.8%
Acuity Brands, Inc.		2,371		259,126
EnerSys		2,539		182,757
Generac Holdings, Inc.*		3,749		712,235
Hubbell, Inc.		3,241		469,686
nVent Electric plc		9,347		178,715
Regal Beloit Corp.		2,424		239,637
Sunrun, Inc.*		4,725		267,222
				2,309,378
Electronic Equipment, Instruments & Components - 2.9%
Arrow Electronics, Inc.*		4,705		369,625
Avnet, Inc.		5,908		162,529
Belden, Inc.		2,288		77,060
Cognex Corp.		10,270		710,581
Coherent, Inc.*		1,451		163,470
II-VI, Inc.*		5,775		256,987
Jabil, Inc.		8,204		280,167
Littelfuse, Inc.		1,453		262,760
National Instruments Corp.		7,031		252,342
SYNNEX Corp.		2,464		313,298
Trimble, Inc.*		14,939		782,953
Vishay Intertechnology, Inc.		7,927		126,753
				3,758,525
Energy Equipment & Services - 0.1%
ChampionX Corp.*		11,113		113,797
Transocean Ltd.*(b)		34,554		42,156
				155,953
Entertainment - 0.2%
Cinemark Holdings, Inc.		6,401		93,775
World Wrestling Entertainment, Inc., Class A		2,771		122,118
				215,893
Equity Real Estate Investment Trusts (REITs) - 7.3%
American Campus Communities, Inc.		8,232		279,065
Brixmor Property Group, Inc.		17,749		209,438
Camden Property Trust		5,825		529,725
CoreSite Realty Corp.		2,414		295,594
Corporate Office Properties Trust		6,710		165,334
Cousins Properties, Inc.		8,885		265,217
CyrusOne, Inc.		6,892		575,689
Douglas Emmett, Inc.		9,861		275,319
EastGroup Properties, Inc.		2,336		311,062
EPR Properties		4,635		149,757
First Industrial Realty Trust, Inc.		7,610		324,566
GEO Group, Inc. (The)		7,260		81,022
Healthcare Realty Trust, Inc.		8,070		232,820
Highwoods Properties, Inc.		6,214		231,534
Hudson Pacific Properties, Inc.		9,174		215,406
JBG SMITH Properties		7,033		194,603
Kilroy Realty Corp.		6,332		370,549
Lamar Advertising Co., Class A		5,165		357,573
Life Storage, Inc.		2,805		295,731
Macerich Co. (The)(b)		6,955		55,153
Mack-Cali Realty Corp.		5,419		68,442
Medical Properties Trust, Inc.		31,601		587,147
National Retail Properties, Inc.		10,286		364,536
Omega Healthcare Investors, Inc.		13,572		420,325
Park Hotels & Resorts, Inc.		14,092		133,733
Pebblebrook Hotel Trust		7,829		98,802
Physicians Realty Trust		12,117		219,924
PotlatchDeltic Corp.		4,005		184,390
PS Business Parks, Inc.		1,200		151,440
Rayonier, Inc.		8,284		242,556
Rexford Industrial Realty, Inc.		7,300		350,254
Sabra Health Care REIT, Inc.		12,296		182,350
Service Properties Trust		9,845		80,827
Spirit Realty Capital, Inc.		6,158		218,671
STORE Capital Corp.		13,310		359,902
Taubman Centers, Inc.		3,685		141,135
Urban Edge Properties		6,622		69,928
Weingarten Realty Investors		7,203		125,836
				9,415,355
Food & Staples Retailing - 0.8%
BJ's Wholesale Club Holdings, Inc.*		7,379		327,701
Casey's General Stores, Inc.		2,200		391,270
Grocery Outlet Holding Corp.*		3,805		156,500
Sprouts Farmers Market, Inc.*		7,046		164,524
				1,039,995

Ultra MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Food Products - 1.5%
Darling Ingredients, Inc.*		9,811		313,658
Flowers Foods, Inc.		11,516		281,681
Hain Celestial Group, Inc. (The)*		4,696		153,982
Ingredion, Inc.		4,006		322,243
Lancaster Colony Corp.		1,184		210,420
Pilgrim's Pride Corp.*		3,100		49,600
Post Holdings, Inc.*		3,833		337,381
Sanderson Farms, Inc.		1,183		138,364
Tootsie Roll Industries, Inc.		1,024		32,772
TreeHouse Foods, Inc.*		3,376		144,526
				1,984,627
Gas Utilities - 1.1%
National Fuel Gas Co.		5,406		246,730
New Jersey Resources Corp.		5,728		172,642
ONE Gas, Inc.		3,163		234,442
Southwest Gas Holdings, Inc.		3,296		207,219
Spire, Inc.		3,065		178,414
UGI Corp.		12,457		430,140
				1,469,587
Health Care Equipment & Supplies - 2.6%
Avanos Medical, Inc.*		2,856		92,534
Cantel Medical Corp.		2,220		116,506
Globus Medical, Inc., Class A*		4,526		255,810
Haemonetics Corp.*		3,014		270,235
Hill-Rom Holdings, Inc.		3,981		373,378
ICU Medical, Inc.*		1,158		231,878
Integra LifeSciences Holdings Corp.*		4,213		201,339
LivaNova plc*		2,908		136,385
Masimo Corp.*		2,977		666,848
NuVasive, Inc.*		3,066		159,831
Penumbra, Inc.*		1,977		413,490
Quidel Corp.*		2,287		402,420
				3,320,654
Health Care Providers & Services - 2.5%
Acadia Healthcare Co., Inc.*		5,322		164,503
Amedisys, Inc.*		1,937		468,560
Chemed Corp.		949		490,737
Encompass Health Corp.		5,946		387,917
HealthEquity, Inc.*		4,545		261,247
LHC Group, Inc.*		1,777		370,398
MEDNAX, Inc.*		5,108		94,907
Molina Healthcare, Inc.*		3,540		654,794
Patterson Cos., Inc.		5,158		149,634
Tenet Healthcare Corp.*		6,263		176,491
				3,219,188
Hotels, Restaurants & Leisure - 2.8%
Boyd Gaming Corp.		4,792		128,330
Caesars Entertainment, Inc.*		9,159		419,482
Choice Hotels International, Inc.		1,888		187,460
Churchill Downs, Inc.		2,098		366,647
Cracker Barrel Old Country Store, Inc.		1,416		189,333
Dunkin' Brands Group, Inc.		4,912		373,705
Jack in the Box, Inc.		1,355		111,638
Marriott Vacations Worldwide Corp.		2,186		206,950
Papa John's International, Inc.		1,333		131,021
Penn National Gaming, Inc.*		7,734		395,207
Scientific Games Corp.*		3,278		67,805
Six Flags Entertainment Corp.		4,714		102,435
Texas Roadhouse, Inc.		3,897		245,472
Wendy's Co. (The)		10,656		223,137
Wyndham Destinations, Inc.		5,092		147,617
Wyndham Hotels & Resorts, Inc.		5,568		291,540
				3,587,779
Household Durables - 1.3%
Helen of Troy Ltd.*		1,510		312,298
KB Home		5,205		186,131
Taylor Morrison Home Corp., Class A*		7,752		182,405
Tempur Sealy International, Inc.*		2,590		221,549
Toll Brothers, Inc.		6,914		291,909
TopBuild Corp.*		1,993		306,525
TRI Pointe Group, Inc.*		7,791		131,512
				1,632,329
Household Products - 0.1%
Energizer Holdings, Inc.		3,808		176,272
Industrial Conglomerates - 0.3%
Carlisle Cos., Inc.		3,285		430,171
Insurance - 3.7%
Alleghany Corp.		856		474,703
American Financial Group, Inc.		4,461		298,218
Brighthouse Financial, Inc.*		5,612		170,380
Brown & Brown, Inc.		14,069		652,802
CNO Financial Group, Inc.		8,591		140,033
First American Financial Corp.		6,665		350,379
Genworth Financial, Inc., Class A*		30,105		90,917
Hanover Insurance Group, Inc. (The)		2,273		232,960
Kemper Corp.		3,668		284,857
Mercury General Corp.		1,622		72,552
Old Republic International Corp.		17,092		275,352
Primerica, Inc.		2,439		304,509
Reinsurance Group of America, Inc.		4,056		371,854
RenaissanceRe Holdings Ltd.		3,009		552,874
RLI Corp.		2,391		224,252
Selective Insurance Group, Inc.		3,571		213,582
				4,710,224
Interactive Media & Services - 0.2%
TripAdvisor, Inc.		6,027		140,851
Yelp, Inc.*		3,914		90,492
				231,343
Internet & Direct Marketing Retail - 1.0%
Etsy, Inc.*		7,100		849,870
Grubhub, Inc.*		5,500		397,925
				1,247,795
IT Services - 1.7%
Alliance Data Systems Corp.		2,537		114,444
CACI International, Inc., Class A*		1,500		351,285
KBR, Inc.		8,504		212,515
LiveRamp Holdings, Inc.*		3,908		218,223
MAXIMUS, Inc.		3,667		284,376
Perspecta, Inc.		8,165		169,587
Sabre Corp.		18,613		130,105
Science Applications International Corp.		2,956		246,708
WEX, Inc.*		2,602		415,565
				2,142,808
Leisure Products - 0.7%
Brunswick Corp.		4,732		292,863
Mattel, Inc.*		20,751		222,970

Ultra MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Polaris, Inc.		3,444		347,982
				863,815
Life Sciences Tools & Services - 1.8%
Bio-Techne Corp.		2,285		583,726
Charles River Laboratories International, Inc.*		2,961		648,311
PRA Health Sciences, Inc.*		3,806		406,899
Repligen Corp.*		2,815		436,072
Syneos Health, Inc.*		3,738		235,868
				2,310,876
Machinery - 3.7%
AGCO Corp.		3,717		264,279
Colfax Corp.*		5,026		167,265
Crane Co.		2,948		166,680
Donaldson Co., Inc.		7,545		379,966
Graco, Inc.		9,966		578,227
ITT, Inc.		5,163		324,288
Kennametal, Inc.		4,960		143,939
Lincoln Electric Holdings, Inc.		3,552		343,514
Middleby Corp. (The)*		3,325		325,518
Nordson Corp.		3,071		572,711
Oshkosh Corp.		4,071		313,508
Terex Corp.		3,813		74,620
Timken Co. (The)		4,042		219,036
Toro Co. (The)		6,412		482,695
Trinity Industries, Inc.		5,646		115,574
Woodward, Inc.		3,391		290,575
				4,762,395
Marine - 0.1%
Kirby Corp.*		3,592		152,444
Media - 1.0%
AMC Networks, Inc., Class A*		2,426		58,927
Cable One, Inc.		315		579,704
John Wiley & Sons, Inc., Class A		2,612		82,670
New York Times Co. (The), Class A		8,631		373,981
TEGNA, Inc.		13,071		163,649
				1,258,931
Metals & Mining - 1.4%
Allegheny Technologies, Inc.*		7,574		63,092
Commercial Metals Co.		7,121		148,615
Compass Minerals International, Inc.		2,028		115,454
Reliance Steel & Aluminum Co.		3,806		399,135
Royal Gold, Inc.		3,923		534,783
Steel Dynamics, Inc.		12,581		371,391
United States Steel Corp.(b)		13,174		103,153
Worthington Industries, Inc.		2,193		91,075
				1,826,698
Multiline Retail - 0.3%
Nordstrom, Inc.(b)		6,480		103,680
Ollie's Bargain Outlet Holdings, Inc.*		3,383		323,212
				426,892
Multi-Utilities - 0.5%
Black Hills Corp.		3,753		210,468
MDU Resources Group, Inc.		11,996		283,346
NorthWestern Corp.		3,021		156,004
				649,818
Oil, Gas & Consumable Fuels - 1.0%
Antero Midstream Corp.		16,817		113,851
Cimarex Energy Co.		6,113		169,819
CNX Resources Corp.*		11,200		122,752
EQT Corp.		15,314		243,033
Equitrans Midstream Corp.		24,311		249,917
Murphy Oil Corp.		8,744		120,143
PBF Energy, Inc., Class A		6,109		52,293
World Fuel Services Corp.		3,788		100,003
WPX Energy, Inc.*		24,426		135,809
				1,307,620
Paper & Forest Products - 0.3%
Domtar Corp.		3,301		94,145
Louisiana-Pacific Corp.		6,712		221,093
				315,238
Personal Products - 0.2%
Edgewell Personal Care Co.*		3,250		93,307
Nu Skin Enterprises, Inc., Class A		3,103		146,679
				239,986
Pharmaceuticals - 0.9%
Catalent, Inc.*		9,730		900,025
Nektar Therapeutics*		10,646		205,893
Prestige Consumer Healthcare, Inc.*		2,995		109,108
				1,215,026
Professional Services - 0.9%
ASGN, Inc.*		3,141		225,429
CoreLogic, Inc.		4,750		315,400
FTI Consulting, Inc.*		2,220		254,767
Insperity, Inc.		2,180		146,867
ManpowerGroup, Inc.		3,473		254,606
				1,197,069
Real Estate Management & Development - 0.3%
Jones Lang LaSalle, Inc.		3,089		318,290
Road & Rail - 0.8%
Avis Budget Group, Inc.*		3,205		109,323
Knight-Swift Transportation Holdings, Inc.		7,314		332,494
Landstar System, Inc.		2,295		305,442
Ryder System, Inc.		3,215		131,493
Werner Enterprises, Inc.		3,430		157,814
				1,036,566
Semiconductors & Semiconductor Equipment - 4.1%
Cabot Microelectronics Corp.		1,738		264,680
Cirrus Logic, Inc.*		3,492		211,580
Cree, Inc.*		6,471		408,320
Enphase Energy, Inc.*		4,868		375,956
First Solar, Inc.*		4,561		349,327
MKS Instruments, Inc.		3,283		392,417
Monolithic Power Systems, Inc.		2,488		664,619
Semtech Corp.*		3,897		228,559
Silicon Laboratories, Inc.*		2,613		267,597
SolarEdge Technologies, Inc.*		2,969		656,594
Synaptics, Inc.*		2,035		173,647
Teradyne, Inc.		9,916		842,563
Universal Display Corp.		2,537		445,244
				5,281,103
Software - 3.0%
ACI Worldwide, Inc.*		6,935		203,750
Blackbaud, Inc.		2,969		189,571
CDK Global, Inc.		7,269		338,881
Ceridian HCM Holding, Inc.*		6,503		517,119
CommVault Systems, Inc.*		2,540		109,804
Fair Isaac Corp.*		1,730		727,967
J2 Global, Inc.*		2,712		189,813

Ultra MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares	Value ($)
Manhattan Associates, Inc.*	3,798	369,355
Paylocity Holding Corp.*	2,152	316,882
PTC, Inc.*	6,230	569,484
Qualys, Inc.*	2,005	212,811
Teradata Corp.*	6,489	158,007
		3,903,444
Specialty Retail - 2.2%
Aaron's, Inc.	4,041	225,851
American Eagle Outfitters, Inc.	9,305	117,336
AutoNation, Inc.*	3,444	195,826
Dick's Sporting Goods, Inc.	3,898	210,960
Five Below, Inc.*(b)	3,334	364,906
Foot Locker, Inc.	6,238	189,199
Lithia Motors, Inc., Class A	1,321	328,876
Murphy USA, Inc.*	1,642	221,440
RH*	992	327,906
Sally Beauty Holdings, Inc.*	6,745	75,274
Urban Outfitters, Inc.*	4,212	99,150
Williams-Sonoma, Inc.	4,652	408,260
		2,764,984
Technology Hardware, Storage & Peripherals - 0.1%
NCR Corp.*	7,644	156,243
Textiles, Apparel & Luxury Goods - 0.7%
Carter's, Inc.	2,608	207,649
Columbia Sportswear Co.	1,702	145,640
Deckers Outdoor Corp.*	1,674	341,279
Skechers USA, Inc., Class A*	8,151	243,307
		937,875
Thrifts & Mortgage Finance - 0.5%
Essent Group Ltd.	6,616	236,191
New York Community Bancorp, Inc.	27,750	251,138
Washington Federal, Inc.	4,529	106,205
		593,534
Trading Companies & Distributors - 0.7%
GATX Corp.	2,088	139,646
MSC Industrial Direct Co., Inc., Class A	2,718	179,116
Univar Solutions, Inc.*	8,286	150,722
Watsco, Inc.	1,959	479,935
		949,419
Water Utilities - 0.4%
Essential Utilities, Inc.	13,338	566,865
Wireless Telecommunication Services - 0.1%
Telephone and Data Systems, Inc.	5,840	135,079
TOTAL COMMON STOCKS (Cost $102,506,748)		102,101,296
SECURITIES LENDING REINVESTMENTS(c) - 0.3%
INVESTMENT COMPANIES - 0.3%
BlackRock Liquidity FedFund, Institutional Class 0.01% (Cost $445,084)	445,084	445,084

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 23.7%
REPURCHASE AGREEMENTS(d) - 23.7%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $30,508,846 (Cost $30,508,789)		30,508,789		30,508,789
Total Investments - 103.4%  (Cost $133,460,621)				133,055,169
Liabilities in excess of other assets - (3.4%)				(4,428,108	)
Net Assets - 100.0%				128,627,061

Ultra MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $32,164,714.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $537,033, collateralized in the form of cash with a value of $445,084 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $122,947 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 3.88%, and maturity dates ranging from September 10, 2020 – February 15, 2049; a total value of $568,031.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $445,084.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Futures Contracts Purchased

Ultra MidCap400 had the following open long futures contracts as of August 31, 2020:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
S&P Midcap 400 E-Mini Index		29	9/18/2020	USD	$	5,581,050	$	500,612

Swap Agreements

Ultra MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2020: 

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	21,471,955	11/6/2020	Bank of America NA		0.56	%	S&P MidCap 400®		386,468
	12,559,889	11/6/2020	BNP Paribas SA		0.56	%	S&P MidCap 400®		612,051
	14,449,050	11/6/2020	Citibank NA		0.51	%	S&P MidCap 400®		(1,550,342	)
	15,371,863	11/8/2021	Credit Suisse International		0.41	%	S&P MidCap 400®		(1,871,376	)
	12,493,612	12/7/2020	Goldman Sachs International		0.56	%	S&P MidCap 400®		(2,343,996	)
	34,416,049	11/6/2020	Goldman Sachs International		0.31	%	SPDR® S&P MidCap 400® ETF Trust		(389,471	)
	859,237	1/6/2021	Morgan Stanley & Co. International plc		(0.01	)%	S&P MidCap 400®		(1,566,800	)
	18,718,262	1/6/2021	Societe Generale		0.28	%	S&P MidCap 400®		(2,311,592	)
	19,160,833	11/6/2020	UBS AG		0.51	%	S&P MidCap 400®		(4,237,855	)
	149,500,750								(13,272,913	)
							Total Unrealized Appreciation		998,519
							Total Unrealized Depreciation		(14,271,432	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Ultra MSCI Brazil Capped
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 71.3%
REPURCHASE AGREEMENTS(a) - 71.3%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $4,093,047
(Cost $4,093,041)		4,093,041		4,093,041
Total Investments - 71.3% (Cost $4,093,041)				4,093,041
Other assets less liabilities - 28.7%				1,644,586
Net Assets - 100.0%				5,737,627

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra MSCI Brazil Capped had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Underlying Instrument	Value and Unrealized Depreciation ($)
	366,463	1/8/2021	Bank of America NA		0.46	%	iShares® MSCI Brazil Capped ETF		(656,866	)
	523,513	11/9/2021	Citibank NA		0.41	%	iShares® MSCI Brazil Capped ETF		(218,722	)
	3,445,480	12/13/2021	Credit Suisse International		0.36	%	iShares® MSCI Brazil Capped ETF		(285,654	)
	1,985,279	12/13/2021	Goldman Sachs International		0.46	%	iShares® MSCI Brazil Capped ETF		(134,801	)
	77,470	11/9/2021	Morgan Stanley & Co. International plc		0.41	%	iShares® MSCI Brazil Capped ETF		(35,816	)
	2,936,835	11/9/2021	Societe Generale		0.11	%	iShares® MSCI Brazil Capped ETF		(181,033	)
	2,160,565	1/14/2022	UBS AG		0.16	%	iShares® MSCI Brazil Capped ETF		(111,502	)
	11,495,605								(1,624,394	)
							Total Unrealized Depreciation		(1,624,394	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra MSCI EAFE
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 63.7%
REPURCHASE AGREEMENTS(a) - 63.7%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $4,950,147
(Cost $4,950,138)		4,950,138		4,950,138
Total Investments - 63.7% (Cost $4,950,138)				4,950,138
Other assets less liabilities - 36.3%				2,822,721
Net Assets - 100.0%				7,772,859

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra MSCI EAFE had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	4,208,341	1/8/2021	Bank of America NA		0.46	%	iShares® MSCI EAFE ETF		2,106
	2,172,988	11/9/2021	Citibank NA		0.51	%	iShares® MSCI EAFE ETF		23,287
	4,169,160	1/14/2022	Credit Suisse International		0.46	%	iShares® MSCI EAFE ETF		98,954
	2,250,927	11/9/2021	Goldman Sachs International		0.66	%	iShares® MSCI EAFE ETF		495,109
	2,327	11/9/2021	Morgan Stanley & Co. International plc		0.56	%	iShares® MSCI EAFE ETF		(42,760	)
	27,919	11/9/2021	Societe Generale		0.61	%	iShares® MSCI EAFE ETF		1,053
	2,759,276	2/15/2022	UBS AG		0.36	%	iShares® MSCI EAFE ETF		62,678
	15,590,938								640,427
							Total Unrealized Appreciation		683,187
							Total Unrealized Depreciation		(42,760	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra MSCI Emerging Markets

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 67.4%
REPURCHASE AGREEMENTS(a) - 67.4%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $11,921,157
(Cost $11,921,137)		11,921,137		11,921,137
Total Investments - 67.4% (Cost $11,921,137)				11,921,137
Other assets less liabilities - 32.6%				5,778,532
Net Assets - 100.0%				17,699,669

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra MSCI Emerging Markets had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)	Termination Dateb	Counterparty	Rate Paid (Received)c			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
2,313,634	11/6/2020	Bank of America NA		0.41	%	iShares® MSCI Emerging Markets ETF		158,564
10,707	11/9/2021	Citibank NA		0.26	%	iShares® MSCI Emerging Markets ETF		(307,786	)
10,441,466	11/9/2021	Credit Suisse International		0.36	%	iShares® MSCI Emerging Markets ETF		622,911
58,665	11/6/2020	Goldman Sachs International		0.01	%	iShares® MSCI Emerging Markets ETF		(500,487	)
104,929	11/9/2021	Morgan Stanley & Co. International plc		0.31	%	iShares® MSCI Emerging Markets ETF		(28,319	)
12,065,718	11/9/2021	Societe Generale		(0.14	)%	iShares® MSCI Emerging Markets ETF		1,188,674
10,459,668	1/14/2022	UBS AG		(0.04	)%	iShares® MSCI Emerging Markets ETF		314,798
35,454,787								1,448,355
						Total Unrealized Appreciation		2,284,947
						Total Unrealized Depreciation		(836,592	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra MSCI Japan

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 25.5%
REPURCHASE AGREEMENTS(a) - 25.5%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $1,101,848
(Cost $1,101,846)		1,101,846		1,101,846
Total Investments - 25.5%  (Cost $1,101,846)				1,101,846
Other assets less liabilities - 74.5%				3,211,255
Net Assets - 100.0%				4,313,101

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

Ultra MSCI Japan had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c	Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	28,771	1/8/2021	Bank of America NA	0.51%	iShares® MSCI Japan ETF		(130,656	)
	39,372	11/9/2021	Citibank NA	0.61%	iShares® MSCI Japan ETF		(150,573	)
	2,880,519	12/13/2021	Credit Suisse International	0.41%	iShares® MSCI Japan ETF		69,746
	1,313,269	11/6/2020	Goldman Sachs International	0.56%	iShares® MSCI Japan ETF		554,281
	123,104	11/6/2020	Morgan Stanley & Co. International plc	0.66%	iShares® MSCI Japan ETF		10,523
	924,224	11/6/2020	Societe Generale	0.26%	iShares® MSCI Japan ETF		637,490
	3,340,375	11/9/2021	UBS AG	0.16%	iShares® MSCI Japan ETF		780,494
	8,649,634						1,771,305
					Total Unrealized Appreciation		2,052,534
					Total Unrealized Depreciation		(281,229	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Nasdaq Biotechnology
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 73.9%
Biotechnology - 58.4%
AC Immune SA*(b)		12,855		99,755
ACADIA Pharmaceuticals, Inc.*		27,883		1,103,888
Acceleron Pharma, Inc.*		10,676		1,040,590
ADMA Biologics, Inc.*(b)		15,447		39,390
Adverum Biotechnologies, Inc.*		16,995		207,339
Aeglea BioTherapeutics, Inc.*		7,977		58,033
Affimed NV*		13,642		47,065
Agios Pharmaceuticals, Inc.*		12,324		505,407
Aimmune Therapeutics, Inc.*(b)		11,672		399,416
Akcea Therapeutics, Inc.*(b)		18,160		331,965
Akebia Therapeutics, Inc.*		25,272		263,082
Akero Therapeutics, Inc.*		6,203		202,218
Alector, Inc.*		14,140		182,689
Alexion Pharmaceuticals, Inc.*		39,504		4,512,147
Alkermes plc*		28,398		469,703
Allakos, Inc.*(b)		8,725		781,585
Allogene Therapeutics, Inc.*		24,828		885,118
Alnylam Pharmaceuticals, Inc.*		20,541		2,724,558
Amarin Corp. plc, ADR*		64,010		496,718
Amgen, Inc.		57,367		14,532,208
Amicus Therapeutics, Inc.*		46,094		672,972
AnaptysBio, Inc.*		4,880		84,570
Apellis Pharmaceuticals, Inc.*		13,510		416,513
Ardelyx, Inc.*		15,932		91,450
Arena Pharmaceuticals, Inc.*		9,989		697,439
Argenx SE, ADR*		4,718		1,091,132
Arrowhead Pharmaceuticals, Inc.*		18,206		769,021
Ascendis Pharma A/S, ADR*		8,256		1,223,374
Assembly Biosciences, Inc.*		5,854		128,027
Atara Biotherapeutics, Inc.*		12,805		172,611
Athenex, Inc.*		14,602		167,777
Atreca, Inc., Class A*		3,971		56,468
Aurinia Pharmaceuticals, Inc.*		22,508		333,794
Autolus Therapeutics plc, ADR*		6,036		88,548
Avrobio, Inc.*		6,447		111,662
BeiGene Ltd., ADR*		7,535		1,820,230
BioCryst Pharmaceuticals, Inc.*		30,961		128,488
Biogen, Inc.*		21,455		6,171,316
BioMarin Pharmaceutical, Inc.*		32,351		2,524,349
Bluebird Bio, Inc.*		11,581		686,753
Blueprint Medicines Corp.*		9,694		750,606
Bridgebio Pharma, Inc.*(b)		21,713		648,350
Castle Biosciences, Inc.*		3,463		158,363
Cellectis SA, ADR*		3,139		57,915
ChemoCentryx, Inc.*		12,279		656,926
China Biologic Products Holdings, Inc.*		6,883		726,501
Coherus Biosciences, Inc.*		12,686		240,653
Corbus Pharmaceuticals Holdings, Inc.*(b)		12,969		120,417
CRISPR Therapeutics AG*		12,235		1,143,483
Cytokinetics, Inc.*		12,108		290,108
CytomX Therapeutics, Inc.*		8,215		59,969
Deciphera Pharmaceuticals, Inc.*		9,994		449,830
Denali Therapeutics, Inc.*		18,896		602,782
Dicerna Pharmaceuticals, Inc.*		13,224		244,908
Eagle Pharmaceuticals, Inc.*		2,449		97,176
Editas Medicine, Inc.*		10,954		385,909
Eidos Therapeutics, Inc.*		6,893		298,329
Eiger BioPharmaceuticals, Inc.*		4,483		50,075
Enanta Pharmaceuticals, Inc.*		3,580		186,840
Epizyme, Inc.*		18,078		235,014
Esperion Therapeutics, Inc.*(b)		4,942		178,406
Exelixis, Inc.*		54,859		1,218,967
Fate Therapeutics, Inc.*		15,523		565,037
FibroGen, Inc.*		15,941		714,635
Flexion Therapeutics, Inc.*		8,551		99,705
G1 Therapeutics, Inc.*		6,750		103,613
Galapagos NV, ADR*(b)		1,244		165,651
Genmab A/S, ADR*		7,651		288,902
Geron Corp.*		54,993		112,736
Gilead Sciences, Inc.		169,329		11,302,711
Global Blood Therapeutics, Inc.*		10,902		684,428
GlycoMimetics, Inc.*		7,796		28,767
Gossamer Bio, Inc.*		13,558		188,456
Grifols SA, ADR		22,754		364,747
Gritstone Oncology, Inc.*		6,665		22,061
Halozyme Therapeutics, Inc.*		24,298		704,521
Homology Medicines, Inc.*		8,089		85,986
ImmunoGen, Inc.*		31,201		115,444
Immunomedics, Inc.*		41,308		1,840,684
Incyte Corp.*		38,886		3,746,666
Inovio Pharmaceuticals, Inc.*(b)		28,282		339,101
Insmed, Inc.*		18,075		509,534
Intellia Therapeutics, Inc.*		10,172		219,512
Intercept Pharmaceuticals, Inc.*		5,892		293,893
Ionis Pharmaceuticals, Inc.*		24,925		1,358,412
Iovance Biotherapeutics, Inc.*		25,724		857,381
Ironwood Pharmaceuticals, Inc.*		28,511		287,961
Karuna Therapeutics, Inc.*		4,674		357,094
Karyopharm Therapeutics, Inc.*		13,080		198,947
Kodiak Sciences, Inc.*		7,959		418,564
Kura Oncology, Inc.*		9,756		242,827
Lexicon Pharmaceuticals, Inc.*(b)		19,136		33,488
Ligand Pharmaceuticals, Inc.*(b)		2,870		292,740
MacroGenics, Inc.*		9,673		279,937
Magenta Therapeutics, Inc.*		8,606		62,566
MannKind Corp.*(b)		38,129		66,344
MeiraGTx Holdings plc*		6,684		86,959
Mirati Therapeutics, Inc.*		7,808		1,166,281
Moderna, Inc.*		69,514		4,510,763
Momenta Pharmaceuticals, Inc.*		21,057		1,098,544
Myriad Genetics, Inc.*		13,337		178,316
Neurocrine Biosciences, Inc.*		16,613		1,934,085
OPKO Health, Inc.*(b)		119,828		388,243
Orchard Therapeutics plc, ADR*		10,631		63,042
PDL BioPharma, Inc.*		20,850		69,848
Precigen, Inc.*(b)		30,593		185,088
Precision BioSciences, Inc.*		9,277		52,322
Prevail Therapeutics, Inc.*		6,117		74,933
Principia Biopharma, Inc.*		5,911		591,159
ProQR Therapeutics NV*		8,900		56,070
Protagonist Therapeutics, Inc.*		6,159		137,962
Prothena Corp. plc*		7,141		92,547
PTC Therapeutics, Inc.*		11,248		555,932
Puma Biotechnology, Inc.*		7,042		72,462
Radius Health, Inc.*		8,298		102,729
Regeneron Pharmaceuticals, Inc.*		17,646		10,939,285
REGENXBIO, Inc.*		6,661		203,294
Retrophin, Inc.*		8,883		174,018
Rhythm Pharmaceuticals, Inc.*		7,887		232,745
Rigel Pharmaceuticals, Inc.*		30,157		75,091
Rocket Pharmaceuticals, Inc.*		9,867		252,299
Rubius Therapeutics, Inc.*(b)		14,396		69,317

Ultra Nasdaq Biotechnology
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Sage Therapeutics, Inc.*		9,287		487,010
Sangamo Therapeutics, Inc.*		25,202		278,104
Sarepta Therapeutics, Inc.*		13,953		2,042,998
Scholar Rock Holding Corp.*		5,345		80,710
Seattle Genetics, Inc.*		30,967		4,903,315
Seres Therapeutics, Inc.*		15,948		422,463
Solid Biosciences, Inc.*(b)		8,241		19,696
Spectrum Pharmaceuticals, Inc.*		24,690		103,945
Stoke Therapeutics, Inc.*		5,899		173,254
Syros Pharmaceuticals, Inc.*		8,175		108,319
Translate Bio, Inc.*		13,233		186,453
Turning Point Therapeutics, Inc.*		7,395		578,141
Twist Bioscience Corp.*		7,332		512,727
Ultragenyx Pharmaceutical, Inc.*		10,689		909,206
uniQure NV*		7,926		323,143
United Therapeutics Corp.*		7,875		842,310
UNITY Biotechnology, Inc.*		8,791		27,604
UroGen Pharma Ltd.*		3,924		98,453
Vanda Pharmaceuticals, Inc.*		9,759		100,420
Veracyte, Inc.*		10,114		336,897
Vertex Pharmaceuticals, Inc.*		45,359		12,660,604
Voyager Therapeutics, Inc.*		6,654		78,451
XBiotech, Inc.*(b)		5,162		97,665
Xencor, Inc.*		10,198		364,578
Y-mAbs Therapeutics, Inc.*		7,111		305,986
Zai Lab Ltd., ADR*		9,586		760,841
				132,240,573
Chemicals - 0.0%(c)
Amyris, Inc.*(b)		36,605		120,064
Health Care Equipment & Supplies - 0.8%
Axonics Modulation Technologies, Inc.*		6,999		295,778
Cerus Corp.*		29,337		186,876
Novocure Ltd.*		17,969		1,486,935
				1,969,589
Health Care Providers & Services - 0.8%
Guardant Health, Inc.*		16,920		1,615,860
PetIQ, Inc.*		4,354		153,174
				1,769,034
Life Sciences Tools & Services - 7.2%
Adaptive Biotechnologies Corp.*		22,700		944,547
Bio-Techne Corp.		6,837		1,746,580
Compugen Ltd.*(b)		13,643		235,888
Illumina, Inc.*		25,716		9,186,270
Luminex Corp.		8,191		218,618
Medpace Holdings, Inc.*		6,329		821,441
NanoString Technologies, Inc.*		6,748		273,159
Pacific Biosciences of California, Inc.*		27,562		181,909
Personalis, Inc.*		6,870		156,773
PRA Health Sciences, Inc.*		11,399		1,218,667
Quanterix Corp.*		5,065		180,314
Syneos Health, Inc.*		18,632		1,175,679
				16,339,845
Pharmaceuticals - 6.7%
Aerie Pharmaceuticals, Inc.*		8,314		91,454
AMAG Pharmaceuticals, Inc.*(b)		6,131		63,517
Amphastar Pharmaceuticals, Inc.*		8,265		168,441
ANI Pharmaceuticals, Inc.*		2,205		69,149
Arvinas, Inc.*		7,004		181,754
Axsome Therapeutics, Inc.*		6,633		486,265
BioDelivery Sciences International, Inc.*		17,870		69,872
Cara Therapeutics, Inc.*		8,371		129,750
Chiasma, Inc.*		9,797		53,786
Collegium Pharmaceutical, Inc.*		6,143		117,086
Cymabay Therapeutics, Inc.*		12,323		79,730
Endo International plc*		41,092		123,687
Evolus, Inc.*(b)		6,034		23,291
EyePoint Pharmaceuticals, Inc.*(b)		22,314		11,940
GW Pharmaceuticals plc, ADR*(b)		5,328		553,846
Horizon Therapeutics plc*		38,903		2,922,393
Hutchison China MediTech Ltd., ADR*		8,742		290,409
Innoviva, Inc.*		18,125		212,244
Intra-Cellular Therapies, Inc.*		11,888		216,599
Jazz Pharmaceuticals plc*		9,899		1,330,327
Mylan NV*		92,477		1,514,773
MyoKardia, Inc.*		9,431		1,032,129
Nektar Therapeutics*		31,841		615,805
NGM Biopharmaceuticals, Inc.*		12,191		227,362
Omeros Corp.*(b)		9,752		116,536
Optinose, Inc.*(b)		8,212		37,365
Osmotica Pharmaceuticals plc*		10,535		62,578
Pacira BioSciences, Inc.*		7,536		471,151
Reata Pharmaceuticals, Inc., Class A*		5,039		528,843
resTORbio, Inc.*(b)		6,521		14,868
Revance Therapeutics, Inc.*		11,743		343,248
Sanofi, ADR		39,237		1,984,607
SIGA Technologies, Inc.*		14,500		100,775
Supernus Pharmaceuticals, Inc.*		9,399		206,684
TherapeuticsMD, Inc.*(b)		48,603		70,960
Theravance Biopharma, Inc.*		11,286		206,872
Tricida, Inc.*		8,936		94,453
WaVe Life Sciences Ltd.*		6,243		78,225
Xeris Pharmaceuticals, Inc.*(b)		8,051		37,880
Zogenix, Inc.*		9,901		234,357
				15,175,011
TOTAL COMMON STOCKS (Cost $177,391,770)				167,614,116

Investments	Number of Rights	Value ($)
RIGHTS - 0.0%(c)
Biotechnology - 0.0%(c)
Achillion Pharmaceuticals, Inc., CVR*(d)(e)  (Cost $11,641)	25,307	11,641

Investments	Shares	Value ($)
SECURITIES LENDING REINVESTMENTS(f) - 1.2%
INVESTMENT COMPANIES - 1.2%
BlackRock Liquidity FedFund, Institutional Class 0.01% (Cost $2,616,865)	2,616,865	2,616,865

Ultra Nasdaq Biotechnology
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 4.3%
REPURCHASE AGREEMENTS(g) - 4.3%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $9,640,543
(Cost $9,640,527)	9,640,527	9,640,527
Total Investments - 79.4% (Cost $189,660,803)		179,883,149
Other assets less liabilities - 20.6%		46,574,750
Net Assets - 100.0%		226,457,899

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $31,387,495.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $3,588,247, collateralized in the form of cash with a value of $2,616,865 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $761,298 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 4.63%, and maturity dates ranging from September 10, 2020 – May 15, 2050; a total value of $3,378,163. The market value of the loaned securities is determined at the close of each business day of the Fund and any additional required collateral is delivered to the Fund, or excess collateral returned by the Fund, on the next business day.
(c)	Represents less than 0.05% of net assets.
(d)	Security fair valued as of August 31, 2020 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at August 31, 2020 amounted to $11,641, which represents approximately 0.01% of net assets of the Fund.
(e)	Illiquid security.
(f)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $2,616,865.
(g)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Abbreviations
ADR	American Depositary Receipt
CVR	Contingent Value Rights - No defined expiration

Ultra Nasdaq Biotechnology
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Swap Agreements

Ultra Nasdaq Biotechnology had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	29,266,171	11/6/2020	Bank of America NA		(0.21	)%	iShares® Nasdaq Biotechnology ETF		(210,459	)
	39,390,731	12/7/2020	Bank of America NA		0.26	%	NASDAQ Biotechnology Index®		7,044,423
	19,415,095	11/6/2020	Citibank NA		0.26	%	NASDAQ Biotechnology Index®		3,397,377
	17,641,950	11/8/2021	Credit Suisse International		0.16	%	NASDAQ Biotechnology Index®		2,530,320
	11,397,577	12/7/2020	Goldman Sachs International		0.61	%	NASDAQ Biotechnology Index®		3,245,187
	42,294,398	12/7/2020	Goldman Sachs International		0.14	%	iShares® Nasdaq Biotechnology ETF		5,575,962
	8,255,094	1/6/2021	Morgan Stanley & Co. International plc		0.11	%	iShares® Nasdaq Biotechnology ETF		1,244,912
	9,074,586	1/6/2021	Morgan Stanley & Co. International plc		0.51	%	NASDAQ Biotechnology Index®		1,015,063
	43,390,927	1/6/2021	Societe Generale		0.46	%	NASDAQ Biotechnology Index®		3,189,839
	65,218,523	11/8/2021	UBS AG		0.16	%	NASDAQ Biotechnology Index®		4,882,189
	285,345,052								31,914,813
							Total Unrealized Appreciation		32,125,272
							Total Unrealized Depreciation		(210,459	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Oil & Gas

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 86.1%
Electric Utilities - 0.7%
OGE Energy Corp.		25,144		801,088
Energy Equipment & Services - 7.5%
Baker Hughes Co.		82,276		1,174,901
ChampionX Corp.*		23,354		239,145
Core Laboratories NV		5,584		116,873
Halliburton Co.		110,192		1,782,907
Helmerich & Payne, Inc.		13,492		222,348
National Oilwell Varco, Inc.		48,764		585,168
Patterson-UTI Energy, Inc.		23,427		90,194
Schlumberger NV		174,318		3,313,785
TechnipFMC plc		52,831		406,799
Transocean Ltd.*(b)		72,563		88,527
				8,020,647
Oil, Gas & Consumable Fuels - 77.2%
Apache Corp.		47,408		701,638
Cabot Oil & Gas Corp.		50,064		949,714
Cheniere Energy, Inc.*		28,816		1,499,873
Chevron Corp.		234,505		19,682,005
Cimarex Energy Co.		12,825		356,279
Concho Resources, Inc.		24,707		1,284,270
ConocoPhillips		134,705		5,103,972
Continental Resources, Inc.(b)		10,549		181,232
CVR Energy, Inc.		3,663		61,135
Delek US Holdings, Inc.		9,230		145,188
Devon Energy Corp.		48,069		522,510
Diamondback Energy, Inc.		19,823		772,304
EOG Resources, Inc.		73,109		3,314,762
EQT Corp.		32,098		509,395
Equitrans Midstream Corp.		51,050		524,794
Exxon Mobil Corp.		531,243		21,217,846
Hess Corp.		32,792		1,509,744
HollyFrontier Corp.		18,707		446,536
Kinder Morgan, Inc.		244,290		3,376,088
Marathon Oil Corp.		99,268		524,135
Marathon Petroleum Corp.		81,676		2,896,231
Matador Resources Co.*(b)		13,763		133,914
Murphy Oil Corp.		18,347		252,088
Noble Energy, Inc.		60,254		599,527
Occidental Petroleum Corp.		113,048		1,440,232
ONEOK, Inc.		55,211		1,517,198
Ovintiv, Inc.		32,635		361,596
Parsley Energy, Inc., Class A		38,891		418,078
PBF Energy, Inc., Class A		12,811		109,662
Phillips 66		54,850		3,207,080
Pioneer Natural Resources Co.		20,708		2,152,182
Targa Resources Corp.		29,281		498,070
Valero Energy Corp.		51,217		2,693,502
Williams Cos., Inc. (The)		152,386		3,163,533
World Fuel Services Corp.		7,953		209,959
WPX Energy, Inc.*		51,260		285,006
				82,621,278
Semiconductors & Semiconductor Equipment - 0.7%
First Solar, Inc.*		9,577		733,502
TOTAL COMMON STOCKS (Cost $84,984,811)				92,176,515
SECURITIES LENDING REINVESTMENTS(c) - 0.2%
INVESTMENT COMPANIES - 0.2%
BlackRock Liquidity FedFund, Institutional Class 0.01% (Cost $162,865)		162,865		162,865

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 14.3%
REPURCHASE AGREEMENTS(d) - 14.3%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $15,287,982
(Cost $15,287,954)		15,287,954		15,287,954
Total Investments - 100.6%  (Cost $100,435,630)				107,627,334
Liabilities in excess of other assets - (0.6%)				(678,966	)
Net Assets - 100.0%				106,948,368

Ultra Oil & Gas

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $27,779,739.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $165,659, collateralized in the form of cash with a value of $162,865 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $18,678 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 3.63%, and maturity dates ranging from October 8, 2020 – May 15, 2048; a total value of $181,543.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $162,865.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Oil & Gas had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	19,066,016	12/7/2020	Bank of America NA		0.46	%	Dow Jones U.S. Oil & GasSM Index		(1,004,489	)
	23,228,640	12/7/2020	Bank of America NA		0.16	%	iShares® U.S. Energy ETF		1,998,267
	5,489,243	11/6/2020	Citibank NA		0.41	%	Dow Jones U.S. Oil & GasSM Index		(3,336,234	)
	3,967,606	11/8/2021	Credit Suisse International		0.46	%	Dow Jones U.S. Oil & GasSM Index		(3,486,488	)
	13,649,687	12/7/2020	Goldman Sachs International		0.61	%	Dow Jones U.S. Oil & GasSM Index		(2,181,161	)
	14,909,244	12/7/2020	Goldman Sachs International		0.14	%	iShares® U.S. Energy ETF		(4,857,770	)
	1,347,200	1/6/2021	Morgan Stanley & Co. International plc		0.21	%	iShares® U.S. Energy ETF		(671,130	)
	2,836,469	1/6/2021	Morgan Stanley & Co. International plc		(0.10	)%	Dow Jones U.S. Oil & GasSM Index		(1,268,186	)
	20,739,837	1/6/2021	Societe Generale		0.66	%	Dow Jones U.S. Oil & GasSM Index		(6,370,933	)
	16,740,932	11/8/2021	UBS AG		0.16	%	Dow Jones U.S. Oil & GasSM Index		193,980
	121,974,874								(20,984,144	)
							Total Unrealized Appreciation		2,192,247
							Total Unrealized Depreciation		(23,176,391	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra QQQ

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 66.2%
Automobiles - 2.5%
Tesla, Inc.*		178,515		88,957,595
Beverages - 1.3%
Monster Beverage Corp.*		101,406		8,503,907
PepsiCo, Inc.		267,192		37,422,912
				45,926,819
Biotechnology - 2.8%
Alexion Pharmaceuticals, Inc.*		42,525		4,857,205
Amgen, Inc.		113,295		28,699,889
Biogen, Inc.*		31,429		9,040,238
BioMarin Pharmaceutical, Inc.*		34,827		2,717,551
Gilead Sciences, Inc.		241,572		16,124,931
Incyte Corp.*		41,868		4,033,982
Moderna, Inc.*		74,959		4,864,089
Regeneron Pharmaceuticals, Inc.*		19,425		12,042,140
Seattle Genetics, Inc.*		33,338		5,278,739
Vertex Pharmaceuticals, Inc.*		49,930		13,936,462
				101,595,226
Commercial Services & Supplies - 0.3%
Cintas Corp.		20,036		6,676,797
Copart, Inc.*		45,235		4,673,680
				11,350,477
Communications Equipment - 1.0%
Cisco Systems, Inc.		812,944		34,322,496
Diversified Telecommunication Services - 0.1%
Liberty Global plc, Class A*		35,098		820,240
Liberty Global plc, Class C*		79,260		1,823,773
				2,644,013
Electric Utilities - 0.4%
Exelon Corp.		187,647		6,926,051
Xcel Energy, Inc.		101,136		7,026,423
				13,952,474
Electronic Equipment, Instruments & Components - 0.1%
CDW Corp.		27,411		3,115,260
Entertainment - 2.1%
Activision Blizzard, Inc.		148,375		12,392,280
Electronic Arts, Inc.*		55,595		7,753,835
NetEase, Inc., ADR		14,262		6,948,589
Netflix, Inc.*		84,699		44,853,202
Take-Two Interactive Software, Inc.*		21,941		3,756,080
				75,703,986
Food & Staples Retailing - 1.0%
Costco Wholesale Corp.		85,069		29,575,088
Walgreens Boots Alliance, Inc.		168,934		6,422,871
				35,997,959
Food Products - 0.7%
Kraft Heinz Co. (The)		235,303		8,245,017
Mondelez International, Inc., Class A		274,849		16,056,679
				24,301,696
Health Care Equipment & Supplies - 1.0%
Align Technology, Inc.*		15,172		4,505,781
DexCom, Inc.*		17,789		7,567,618
IDEXX Laboratories, Inc.*		16,354		6,395,395
Intuitive Surgical, Inc.*		22,455		16,411,012
				34,879,806
Health Care Technology - 0.1%
Cerner Corp.		58,612		4,300,362
Hotels, Restaurants & Leisure - 0.7%
Marriott International, Inc., Class A		62,430		6,424,671
Starbucks Corp.		225,063		19,011,072
				25,435,743
Interactive Media & Services - 7.9%
Alphabet, Inc., Class A*		51,944		84,644,306
Alphabet, Inc., Class C*		50,734		82,908,488
Baidu, Inc., ADR*		52,963		6,597,601
Facebook, Inc., Class A*		362,977		106,424,857
				280,575,252
Internet & Direct Marketing Retail - 8.9%
Amazon.com, Inc.*		75,303		259,867,641
Booking Holdings, Inc.*		7,885		15,063,898
eBay, Inc.		135,385		7,416,390
Expedia Group, Inc.		26,087		2,560,439
JD.com, Inc., ADR*		178,775		14,058,866
MercadoLibre, Inc.*		9,574		11,188,081
Pinduoduo, Inc., ADR*		53,288		4,739,435
Trip.com Group Ltd., ADR*		100,884		3,050,732
				317,945,482
IT Services - 2.4%
Automatic Data Processing, Inc.		82,768		11,512,201
Cognizant Technology Solutions Corp., Class A		104,110		6,960,794
Fiserv, Inc.*		128,922		12,838,053
Paychex, Inc.		69,078		5,282,395
PayPal Holdings, Inc.*		226,062		46,148,297
VeriSign, Inc.*		22,252		4,779,729
				87,521,469
Life Sciences Tools & Services - 0.3%
Illumina, Inc.*		28,304		10,110,755
Machinery - 0.2%
PACCAR, Inc.		66,565		5,713,940
Media - 2.0%
Charter Communications, Inc., Class A*		39,760		24,476,654
Comcast Corp., Class A		877,164		39,305,719
Fox Corp., Class A		65,983		1,838,286
Fox Corp., Class B		50,279		1,397,756
Sirius XM Holdings, Inc.		843,342		4,950,418
				71,968,833
Multiline Retail - 0.1%
Dollar Tree, Inc.*		45,689		4,398,480
Professional Services - 0.2%
Verisk Analytics, Inc.		31,247		5,832,877
Road & Rail - 0.3%
CSX Corp.		147,409		11,270,892
Semiconductors & Semiconductor Equipment - 7.8%
Advanced Micro Devices, Inc.*		225,551		20,484,542
Analog Devices, Inc.		70,953		8,292,986
Applied Materials, Inc.		176,502		10,872,523

Ultra QQQ

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
ASML Holding NV (Registered), NYRS		14,803		5,538,986
Broadcom, Inc.		76,992		26,727,773
Intel Corp.		815,399		41,544,579
KLA Corp.		29,857		6,124,865
Lam Research Corp.		27,946		9,399,358
Maxim Integrated Products, Inc.		51,343		3,513,915
Microchip Technology, Inc.		47,271		5,185,629
Micron Technology, Inc.*		214,147		9,745,830
NVIDIA Corp.		118,417		63,350,727
NXP Semiconductors NV		53,701		6,753,438
QUALCOMM, Inc.		216,613		25,798,608
Skyworks Solutions, Inc.		32,132		4,654,320
Texas Instruments, Inc.		176,749		25,124,870
Xilinx, Inc.		46,829		4,877,709
				277,990,658
Software - 11.0%
Adobe, Inc.*		92,788		47,636,431
ANSYS, Inc.*		16,486		5,588,919
Autodesk, Inc.*		42,198		10,368,049
Cadence Design Systems, Inc.*		53,745		5,960,858
Check Point Software Technologies Ltd.*		27,536		3,476,695
Citrix Systems, Inc.		23,774		3,451,985
DocuSign, Inc.*		35,268		7,864,764
Intuit, Inc.		50,214		17,343,414
Microsoft Corp.		1,144,831		258,193,735
Splunk, Inc.*		30,591		6,709,524
Synopsys, Inc.*		29,048		6,428,322
Workday, Inc., Class A*		33,505		8,031,484
Zoom Video Communications, Inc., Class A*		32,254		10,485,775
				391,539,955
Specialty Retail - 0.4%
O'Reilly Automotive, Inc.*		14,293		6,655,250
Ross Stores, Inc.*		68,444		6,233,880
Ulta Beauty, Inc.*		10,847		2,518,456
				15,407,586
Technology Hardware, Storage & Peripherals - 9.5%
Apple, Inc.		2,616,820		337,674,453
Western Digital Corp.		57,721		2,217,641
				339,892,094
Textiles, Apparel & Luxury Goods - 0.2%
Lululemon Athletica, Inc.*		23,948		8,996,545
Trading Companies & Distributors - 0.1%
Fastenal Co.		110,339		5,391,163
Wireless Telecommunication Services - 0.8%
T-Mobile US, Inc.*		237,992		27,768,907
TOTAL COMMON STOCKS (Cost $1,746,769,868)				2,364,808,800

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 2.8%
REPURCHASE AGREEMENTS(b) - 2.8%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $100,873,167
(Cost $100,872,990)		100,872,990		100,872,990
Total Investments - 69.0%  (Cost $1,847,642,858)				2,465,681,790
Other assets less liabilities - 31.0%				1,106,778,149
Net Assets - 100.0%				3,572,459,939

Ultra QQQ

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $407,843,466.
(b)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Abbreviations
ADR	American Depositary Receipt
NYRS	New York Registry Shares

Ultra QQQ

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Futures Contracts Purchased

Ultra QQQ had the following open long futures contracts as of August 31, 2020:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
NASDAQ 100 E-Mini Index		1,633	9/18/2020	USD	$	394,949,215	$	53,848,467

Swap Agreements

Ultra QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	555,799,504	12/7/2020	Bank of America NA		(0.04	)%	NASDAQ-100 Index®		167,349,754
	668,159,430	11/6/2020	BNP Paribas SA		0.66	%	NASDAQ-100 Index®		177,864,049
	40,825,170	11/6/2020	Citibank NA		0.41	%	NASDAQ-100 Index®		(13,177,384	)
	303,657,661	11/6/2020	Credit Suisse International		0.36	%	NASDAQ-100 Index®		43,290,615
	148,416,628	12/6/2021	Goldman Sachs International		0.66	%	NASDAQ-100 Index®		74,327,809
	663,648,283	12/7/2020	Goldman Sachs International		0.46	%	PowerShares QQQ TrustSM, Series 1		229,416,904
	71,646,901	1/6/2021	Morgan Stanley & Co. International plc		0.23	%	NASDAQ-100 Index®		8,081,813
	579,558,376	1/6/2021	Morgan Stanley & Co. International plc		0.56	%	PowerShares QQQ TrustSM, Series 1		68,722,289
	526,803,339	1/6/2021	Societe Generale		0.41	%	NASDAQ-100 Index®		81,204,738
	825,678,812	11/6/2020	UBS AG		0.96	%	NASDAQ-100 Index®		241,700,094
	4,384,194,104								1,078,780,681
							Total Unrealized Appreciation		1,091,958,065
							Total Unrealized Depreciation		(13,177,384	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Ultra Real Estate
Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 73.4%
Equity Real Estate Investment Trusts (REITs) - 67.4%
Acadia Realty Trust		4,531		51,382
Alexandria Real Estate Equities, Inc.		6,643		1,118,548
American Campus Communities, Inc.		7,244		245,572
American Homes 4 Rent, Class A		13,438		384,864
American Tower Corp.		23,336		5,814,164
Americold Realty Trust		10,542		404,286
Apartment Investment and Management Co., Class A		7,839		282,439
Apple Hospitality REIT, Inc.		11,046		112,338
AvalonBay Communities, Inc.		7,408		1,170,909
Boston Properties, Inc.		7,606		660,733
Brandywine Realty Trust		8,975		99,892
Brixmor Property Group, Inc.		15,605		184,139
Camden Property Trust		5,126		466,159
Colony Capital, Inc.*		25,330		68,644
Columbia Property Trust, Inc.		6,023		71,071
CoreCivic, Inc.		6,296		58,616
CoreSite Realty Corp.		2,123		259,961
Corporate Office Properties Trust		5,905		145,499
Cousins Properties, Inc.		7,819		233,397
Crown Castle International Corp.		21,938		3,581,379
CubeSmart		10,191		322,239
CyrusOne, Inc.		6,064		506,526
DiamondRock Hospitality Co.		10,489		55,592
Digital Realty Trust, Inc.		14,123		2,198,245
Diversified Healthcare Trust		12,522		47,584
Douglas Emmett, Inc.		8,678		242,290
Duke Realty Corp.		19,391		747,523
EastGroup Properties, Inc.		2,056		273,777
EPR Properties		4,078		131,760
Equinix, Inc.		4,659		3,679,585
Equity Commonwealth		6,396		200,770
Equity LifeStyle Properties, Inc.		9,588		635,589
Equity Residential		18,412		1,039,357
Essex Property Trust, Inc.		3,443		745,444
Extra Space Storage, Inc.		6,796		724,114
Federal Realty Investment Trust		3,703		293,426
First Industrial Realty Trust, Inc.		6,696		285,584
Gaming and Leisure Properties, Inc.		10,881		395,524
GEO Group, Inc. (The)		6,388		71,290
Healthcare Realty Trust, Inc.		7,102		204,893
Healthcare Trust of America, Inc., Class A		11,501		303,511
Healthpeak Properties, Inc.		28,335		783,179
Highwoods Properties, Inc.		5,468		203,738
Host Hotels & Resorts, Inc.		37,092		416,543
Hudson Pacific Properties, Inc.		8,069		189,460
Invitation Homes, Inc.		28,624		819,505
Iron Mountain, Inc.		15,154		455,984
JBG SMITH Properties		6,189		171,250
Kilroy Realty Corp.		5,574		326,191
Kimco Realty Corp.		22,768		272,988
Lamar Advertising Co., Class A		4,545		314,650
Lexington Realty Trust		14,541		165,331
Life Storage, Inc.		2,469		260,307
Macerich Co. (The)(b)		6,121		48,540
Mack-Cali Realty Corp.		4,770		60,245
Medical Properties Trust, Inc.		27,811		516,728
Mid-America Apartment Communities, Inc.		6,019		704,945
National Health Investors, Inc.		2,350		146,288
National Retail Properties, Inc.		9,052		320,803
Omega Healthcare Investors, Inc.		11,940		369,782
Outfront Media, Inc.		7,598		128,634
Paramount Group, Inc.		10,038		74,281
Park Hotels & Resorts, Inc.		12,401		117,686
Pebblebrook Hotel Trust		6,882		86,851
Physicians Realty Trust		10,663		193,534
Piedmont Office Realty Trust, Inc., Class A		6,627		101,459
PotlatchDeltic Corp.		3,524		162,245
Prologis, Inc.		38,891		3,961,437
PS Business Parks, Inc.		1,056		133,267
Public Storage		7,913		1,680,721
Rayonier, Inc.		7,289		213,422
Realty Income Corp.		18,076		1,121,254
Regency Centers Corp.		8,930		354,610
Retail Properties of America, Inc., Class A		11,271		71,120
Rexford Industrial Realty, Inc.		6,459		309,903
RLJ Lodging Trust		8,690		82,034
Ryman Hospitality Properties, Inc.		2,896		110,511
Sabra Health Care REIT, Inc.		10,821		160,475
SBA Communications Corp.		5,875		1,798,161
Service Properties Trust		8,652		71,033
Simon Property Group, Inc.		16,085		1,091,367
SITE Centers Corp.		7,829		58,796
SL Green Realty Corp.		4,028		188,349
Spirit Realty Capital, Inc.		5,420		192,464
STORE Capital Corp.		11,710		316,638
Sun Communities, Inc.		5,173		771,191
Sunstone Hotel Investors, Inc.		11,350		94,546
Taubman Centers, Inc.		3,243		124,207
UDR, Inc.		15,522		540,321
Urban Edge Properties		5,829		61,554
Ventas, Inc.		19,638		809,282
VEREIT, Inc.		56,738		381,279
VICI Properties, Inc.		24,668		551,083
Vornado Realty Trust		8,353		299,288
Washington REIT		4,333		95,066
Weingarten Realty Investors		6,338		110,725
Welltower, Inc.		21,976		1,264,060
Weyerhaeuser Co.		39,281		1,190,607
WP Carey, Inc.		9,073		629,394
Xenia Hotels & Resorts, Inc.		5,972		53,629
				54,821,556
Mortgage Real Estate Investment Trusts (REITs) - 2.2%
AGNC Investment Corp.		29,444		415,455
Annaly Capital Management, Inc.		75,297		553,433
Blackstone Mortgage Trust, Inc., Class A		7,100		168,767
Chimera Investment Corp.		10,119		89,958
Invesco Mortgage Capital, Inc.(b)		9,450		28,350
MFA Financial, Inc.		23,851		63,921
New Residential Investment Corp.		21,879		169,343
Starwood Property Trust, Inc.		14,858		231,785
Two Harbors Investment Corp.		14,399		78,474
				1,799,486
Professional Services - 2.2%
CoStar Group, Inc.*		2,072		1,758,299
Real Estate Management & Development - 1.6%
CBRE Group, Inc., Class A*		17,644		829,797
Cushman & Wakefield plc*		8,702		101,030
Howard Hughes Corp. (The)*		2,372		140,209
Jones Lang LaSalle, Inc.		2,717		279,960
				1,350,996
TOTAL COMMON STOCKS (Cost $73,214,936)				59,730,337
SECURITIES LENDING REINVESTMENTS(c) - 0.1%
INVESTMENT COMPANIES - 0.1%
BlackRock Liquidity FedFund, Institutional Class 0.01% (Cost $55,684)		55,684		55,684

 

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 33.9%
REPURCHASE AGREEMENTS(d) - 33.9%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $27,530,225
(Cost $27,530,178)		27,530,178		27,530,178
Total Investments - 107.4% (Cost $100,800,798)				87,316,199
Liabilities in excess of other assets - (7.4%)				(6,012,436	)
Net Assets - 100.0%				81,303,763

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $29,940,825.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $51,862, collateralized in the form of cash with a value of $55,684 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $55,684.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Real Estate
Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Swap Agreements

Ultra Real Estate had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
13,151,039	12/7/2020	Bank of America NA		1.11	%	Dow Jones U.S. Real EstateSM Index		(3,497,775	)
14,029,409	1/6/2021	Bank of America NA		0.41	%	iShares® U.S. Real Estate ETF		(1,784,706	)
13,907,584	12/7/2020	BNP Paribas SA		0.71	%	Dow Jones U.S. Real EstateSM Index		(5,880,798	)
4,908,597	1/20/2021	Citibank NA		0.81	%	Dow Jones U.S. Real EstateSM Index		(518,768	)
6,611,983	11/8/2021	Credit Suisse International		0.46	%	Dow Jones U.S. Real EstateSM Index		(347,431	)
4,480,567	12/7/2020	Goldman Sachs International		0.61	%	Dow Jones U.S. Real EstateSM Index		(523,551	)
13,347,969	12/7/2020	Goldman Sachs International		0.14	%	iShares® U.S. Real Estate ETF		(1,050,926	)
165,324	1/6/2021	Morgan Stanley & Co. International plc		0.12	%	Dow Jones U.S. Real EstateSM Index		(18,238	)
267,535	1/6/2021	Morgan Stanley & Co. International plc		0.11	%	iShares® U.S. Real Estate ETF		(24,411	)
29,197,612	1/6/2021	Societe Generale		0.76	%	Dow Jones U.S. Real EstateSM Index		(6,344,305	)
3,022,417	11/8/2021	UBS AG		0.51	%	Dow Jones U.S. Real EstateSM Index		(5,460,378	)
103,090,036								(25,451,287	)
						Total Unrealized Depreciation		(25,451,287	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 71.9%
Aerospace & Defense - 0.6%
AAR Corp.		2,116		42,701
Aerojet Rocketdyne Holdings, Inc.*		4,637		191,833
AeroVironment, Inc.*		1,368		104,501
Astronics Corp.*		1,458		13,180
Cubic Corp.		1,984		93,407
Ducommun, Inc.*		682		25,486
Kaman Corp.		1,744		80,660
Kratos Defense & Security Solutions, Inc.*		6,688		130,750
Maxar Technologies, Inc.		3,817		88,363
Moog, Inc., Class A		1,961		118,229
National Presto Industries, Inc.		323		29,047
PAE, Inc.*		3,734		32,990
Park Aerospace Corp.		1,186		13,153
Parsons Corp.*		1,426		47,429
Triumph Group, Inc.		3,255		23,534
Vectrus, Inc.*		724		31,429
				1,066,692
Air Freight & Logistics - 0.3%
Air Transport Services Group, Inc.*		3,715		94,435
Atlas Air Worldwide Holdings, Inc.*		1,626		91,690
Echo Global Logistics, Inc.*		1,655		45,215
Forward Air Corp.		1,757		103,645
Hub Group, Inc., Class A*		2,069		111,395
Radiant Logistics, Inc.*		2,475		13,068
				459,448
Airlines - 0.2%
Allegiant Travel Co.		827		106,352
Hawaiian Holdings, Inc.		2,876		38,654
Mesa Air Group, Inc.*		1,867		6,833
SkyWest, Inc.		3,116		104,853
Spirit Airlines, Inc.*(b)		5,467		97,750
				354,442
Auto Components - 1.0%
Adient plc*		5,559		96,393
American Axle & Manufacturing Holdings, Inc.*		7,106		55,285
Cooper Tire & Rubber Co.		3,186		110,140
Cooper-Standard Holdings, Inc.*		1,058		19,171
Dana, Inc.		9,145		127,573
Dorman Products, Inc.*		1,685		142,703
Fox Factory Holding Corp.*		2,436		245,573
Gentherm, Inc.*		2,069		93,581
Goodyear Tire & Rubber Co. (The)		14,613		140,212
LCI Industries		1,557		176,922
Modine Manufacturing Co.*		3,132		21,204
Motorcar Parts of America, Inc.*		1,186		20,648
Standard Motor Products, Inc.		1,333		60,571
Stoneridge, Inc.*		1,644		33,209
Tenneco, Inc., Class A*		3,226		26,227
Visteon Corp.*		1,753		132,229
Workhorse Group, Inc.*(b)		4,002		72,476
XPEL, Inc.*(b)(c)		1,054		26,244
				1,600,361
Automobiles - 0.1%
Winnebago Industries, Inc.		1,969		106,287
Banks - 5.5%
1st Constitution Bancorp		572		6,961
1st Source Corp.		1,037		35,725
ACNB Corp.		534		11,225
Allegiance Bancshares, Inc.		1,195		30,377
Altabancorp		1,005		20,723
Amalgamated Bank, Class A		836		9,840
Amerant Bancorp, Inc.*		1,433		18,844
American National Bankshares, Inc.		674		15,192
Ameris Bancorp		4,192		102,788
Ames National Corp.		555		11,072
Arrow Financial Corp.		813		23,292
Atlantic Capital Bancshares, Inc.*		1,322		15,249
Atlantic Union Bankshares Corp.		4,926		114,579
Auburn National Bancorp, Inc.(b)		148		6,035
Banc of California, Inc.		2,822		31,014
BancFirst Corp.		1,186		52,184
Bancorp, Inc. (The)*		3,257		30,941
BancorpSouth Bank		6,261		135,112
Bank First Corp.(b)		397		24,773
Bank of Commerce Holdings		1,007		7,401
Bank of Marin Bancorp		836		26,610
Bank of NT Butterfield & Son Ltd. (The)		3,285		82,782
Bank of Princeton (The)		358		6,974
Bank7 Corp.		180		1,843
BankFinancial Corp.		849		6,164
BankUnited, Inc.		5,802		135,651
Bankwell Financial Group, Inc.		419		6,536
Banner Corp.		2,196		79,320
Bar Harbor Bankshares		971		19,672
BayCom Corp.*		740		8,573
BCB Bancorp, Inc.		922		7,510
Berkshire Hills Bancorp, Inc.		2,827		25,952
Boston Private Financial Holdings, Inc.		5,180		30,769
Bridge Bancorp, Inc.		1,054		21,091
Brookline Bancorp, Inc.		4,901		47,050
Bryn Mawr Bank Corp.		1,247		33,844
Business First Bancshares, Inc.		768		11,113
Byline Bancorp, Inc.		1,535		19,402
C&F Financial Corp.		218		6,969
Cadence Bancorp		7,929		75,326
California Bancorp, Inc.*		479		6,232
Cambridge Bancorp		402		22,046
Camden National Corp.		932		30,434
Capital Bancorp, Inc.*		503		5,236
Capital City Bank Group, Inc.		848		17,189
Capstar Financial Holdings, Inc.		1,010		10,292
Carter Bank & Trust		1,432		10,153
Cathay General Bancorp		4,797		118,438
CB Financial Services, Inc.		312		5,803
CBTX, Inc.		1,117		17,593
Central Pacific Financial Corp.		1,735		26,875
Central Valley Community Bancorp		667		8,024
Century Bancorp, Inc., Class A		176		12,399
Chemung Financial Corp.		227		6,517
ChoiceOne Financial Services, Inc.(b)		432		12,316
CIT Group, Inc.		6,237		122,682
Citizens & Northern Corp.		843		14,449
Citizens Holding Co.(b)		295		6,322

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
City Holding Co.		995		63,660
Civista Bancshares, Inc.		997		13,310
CNB Financial Corp.		936		14,929
Coastal Financial Corp.*		573		7,879
Codorus Valley Bancorp, Inc.		594		7,663
Colony Bankcorp, Inc.		489		5,379
Columbia Banking System, Inc.		4,537		126,628
Community Bank System, Inc.		3,246		195,312
Community Bankers Trust Corp.		1,378		7,069
Community Financial Corp. (The)		329		7,317
Community Trust Bancorp, Inc.		982		31,689
ConnectOne Bancorp, Inc.		2,345		35,456
County Bancorp, Inc.(b)		316		6,099
CrossFirst Bankshares, Inc.*		3,030		27,967
Customers Bancorp, Inc.*		1,815		23,178
CVB Financial Corp.		8,170		148,776
Dime Community Bancshares, Inc.		1,812		23,375
Eagle Bancorp Montana, Inc.		399		7,034
Eagle Bancorp, Inc.		2,022		58,193
Enterprise Bancorp, Inc.		568		12,343
Enterprise Financial Services Corp.		1,520		45,463
Equity Bancshares, Inc., Class A*		918		14,596
Esquire Financial Holdings, Inc.*		424		6,996
Evans Bancorp, Inc.		301		6,863
Farmers & Merchants Bancorp, Inc.		639		13,770
Farmers National Banc Corp.		1,643		19,157
FB Financial Corp.		1,944		52,488
Fidelity D&D Bancorp, Inc.(b)		248		11,215
Financial Institutions, Inc.		1,003		17,282
First Bancorp, Inc. (The)		639		13,598
First Bancorp/NC		1,813		37,076
First Bancorp/PR		13,607		77,968
First Bancshares, Inc. (The)		1,305		27,979
First Bank		1,042		6,794
First Busey Corp.		3,185		56,741
First Business Financial Services, Inc.		514		7,967
First Capital, Inc.(b)		205		12,519
First Choice Bancorp		655		9,268
First Commonwealth Financial Corp.		6,167		50,569
First Community Bankshares, Inc.		1,096		21,087
First Community Corp.		454		5,757
First Financial Bancorp		6,130		84,104
First Financial Bankshares, Inc.		8,157		246,953
First Financial Corp.		850		29,231
First Foundation, Inc.		2,491		37,838
First Guaranty Bancshares, Inc.		233		2,989
First Internet Bancorp		597		8,722
First Interstate BancSystem, Inc., Class A		2,685		88,068
First Merchants Corp.		3,410		87,228
First Mid Bancshares, Inc.		922		24,009
First Midwest Bancorp, Inc.		7,207		89,799
First Northwest Bancorp		568		6,305
First of Long Island Corp. (The)		1,437		22,080
First Savings Financial Group, Inc.		117		5,089
First United Corp.		424		4,855
First Western Financial, Inc.*		395		5,352
Flushing Financial Corp.		1,705		20,682
FNCB Bancorp, Inc.		1,084		6,341
Franklin Financial Services Corp.		261		6,222
Fulton Financial Corp.		10,144		99,208
FVCBankcorp, Inc.*		746		7,863
German American Bancorp, Inc.		1,556		44,113
Glacier Bancorp, Inc.		6,052		212,334
Great Southern Bancorp, Inc.		696		26,824
Great Western Bancorp, Inc.		3,496		48,699
Guaranty Bancshares, Inc.		442		11,691
Hancock Whitney Corp.		5,451		109,075
Hanmi Financial Corp.		1,932		18,412
HarborOne Bancorp, Inc.		3,346		28,943
Hawthorn Bancshares, Inc.		369		6,760
HBT Financial, Inc.		619		7,335
Heartland Financial USA, Inc.		2,195		75,574
Heritage Commerce Corp.		3,677		25,482
Heritage Financial Corp.		2,277		45,403
Hilltop Holdings, Inc.		4,554		93,812
Home BancShares, Inc.		9,670		156,751
HomeTrust Bancshares, Inc.		988		13,862
Hope Bancorp, Inc.		7,422		62,790
Horizon Bancorp, Inc.		2,704		30,231
Howard Bancorp, Inc.*		834		8,182
Independent Bank Corp.		2,079		130,665
Independent Bank Corp./MI		1,336		19,920
Independent Bank Group, Inc.		2,339		108,763
International Bancshares Corp.		3,371		106,456
Investar Holding Corp.		642		8,731
Investors Bancorp, Inc.		14,577		112,972
Lakeland Bancorp, Inc.		3,081		32,751
Lakeland Financial Corp.		1,534		70,088
Landmark Bancorp, Inc.		238		5,000
LCNB Corp.		768		11,259
Level One Bancorp, Inc.		324		5,216
Limestone Bancorp, Inc.*(b)		321		3,451
Live Oak Bancshares, Inc.		1,773		39,325
Macatawa Bank Corp.		1,660		12,151
Mackinac Financial Corp.		567		5,681
MainStreet Bancshares, Inc.*		447		5,731
Mercantile Bank Corp.		997		21,774
Meridian Corp.		338		4,958
Metrocity Bankshares, Inc.(b)		1,095		14,936
Metropolitan Bank Holding Corp.*		443		13,720
Mid Penn Bancorp, Inc.		439		8,446
Middlefield Banc Corp.		377		7,163
Midland States Bancorp, Inc.		1,385		20,235
MidWestOne Financial Group, Inc.		927		17,604
MVB Financial Corp.		622		8,832
National Bank Holdings Corp., Class A		1,861		52,927
National Bankshares, Inc.		403		10,006
NBT Bancorp, Inc.		2,686		81,842
Nicolet Bankshares, Inc.*		591		35,472
Northeast Bank		484		9,031
Northrim Bancorp, Inc.		395		10,629
Norwood Financial Corp.		368		9,108
Oak Valley Bancorp		435		5,873
OceanFirst Financial Corp.		3,675		57,367
OFG Bancorp		3,201		41,101
Ohio Valley Banc Corp.		271		6,179
Old National Bancorp		10,365		144,903
Old Second Bancorp, Inc.		1,820		14,869
Origin Bancorp, Inc.		1,389		32,892
Orrstown Financial Services, Inc.		687		9,460
Pacific Premier Bancorp, Inc.		5,328		120,360
Park National Corp.		905		81,369
Parke Bancorp, Inc.		667		8,204
Partners Bancorp(b)		627		3,436

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
PCB Bancorp		789		7,535
Peapack-Gladstone Financial Corp.		1,157		19,669
Penns Woods Bancorp, Inc.		434		9,005
Peoples Bancorp of North Carolina, Inc.		283		4,811
Peoples Bancorp, Inc.		1,167		24,670
Peoples Financial Services Corp.		442		16,106
Plumas Bancorp(b)		293		5,790
Preferred Bank		872		32,613
Premier Financial Bancorp, Inc.		824		10,564
Professional Holding Corp., Class A*		294		3,402
QCR Holdings, Inc.		937		28,082
RBB Bancorp		1,051		13,631
Red River Bancshares, Inc.		312		13,578
Reliant Bancorp, Inc.		970		14,065
Renasant Corp.		3,442		87,324
Republic Bancorp, Inc., Class A		615		18,917
Republic First Bancorp, Inc.*		2,878		6,015
Richmond Mutual Bancorp, Inc.		777		8,796
S&T Bancorp, Inc.		2,441		49,296
Salisbury Bancorp, Inc.		160		5,714
Sandy Spring Bancorp, Inc.		2,911		69,631
SB Financial Group, Inc.		447		6,186
Seacoast Banking Corp. of Florida*		3,263		66,043
Select Bancorp, Inc.*		1,005		7,688
ServisFirst Bancshares, Inc.		3,079		112,845
Shore Bancshares, Inc.		785		7,654
Sierra Bancorp		882		15,761
Silvergate Capital Corp., Class A*		974		14,542
Simmons First National Corp., Class A		6,841		116,776
SmartFinancial, Inc.		884		12,173
South Plains Financial, Inc.		667		9,525
South State Corp.		4,422		246,240
Southern First Bancshares, Inc.*		458		11,862
Southern National Bancorp of Virginia, Inc.		1,254		10,722
Southside Bancshares, Inc.		1,998		55,055
Spirit of Texas Bancshares, Inc.*		857		10,713
Stock Yards Bancorp, Inc.		1,292		55,466
Summit Financial Group, Inc.		719		10,605
Texas Capital Bancshares, Inc.*		3,196		103,518
Tompkins Financial Corp.		904		59,827
Towne Bank		4,229		74,980
TriCo Bancshares		1,670		46,242
TriState Capital Holdings, Inc.*		1,744		24,242
Triumph Bancorp, Inc.*		1,390		39,698
Trustmark Corp.		3,981		93,474
UMB Financial Corp.		2,755		147,999
United Bankshares, Inc.		7,826		204,572
United Community Banks, Inc.		4,938		89,477
United Security Bancshares		853		5,195
Unity Bancorp, Inc.		501		6,653
Univest Financial Corp.		1,819		29,268
Valley National Bancorp		25,185		189,139
Veritex Holdings, Inc.		3,041		54,677
Washington Trust Bancorp, Inc.		1,078		35,984
WesBanco, Inc.		4,119		91,524
West Bancorp, Inc.		1,012		17,811
Westamerica Bancorp		1,651		100,480
				9,221,784
Beverages - 0.2%
Celsius Holdings, Inc.*(b)		2,172		42,180
Coca-Cola Consolidated, Inc.		298		81,443
Craft Brew Alliance, Inc.*(b)		727		11,356
MGP Ingredients, Inc.		814		28,938
National Beverage Corp.*(b)		746		60,665
NewAge, Inc.*(b)		5,570		12,087
Primo Water Corp.		9,876		135,103
				371,772
Biotechnology - 7.3%
89bio, Inc.*		185		7,122
Abeona Therapeutics, Inc.*		3,772		8,864
ADMA Biologics, Inc.*(b)		3,808		9,710
Aduro Biotech, Inc.*(b)		4,200		13,020
Adverum Biotechnologies, Inc.*		4,616		56,315
Aeglea BioTherapeutics, Inc.*		2,655		19,315
Affimed NV*		4,642		16,015
Agenus, Inc.*		8,753		38,119
Aimmune Therapeutics, Inc.*(b)		2,940		100,607
Akcea Therapeutics, Inc.*(b)		1,041		19,029
Akebia Therapeutics, Inc.*		8,226		85,633
Akero Therapeutics, Inc.*		706		23,016
Albireo Pharma, Inc.*		841		23,397
Alector, Inc.*		2,925		37,791
Allakos, Inc.*		1,539		137,864
Allogene Therapeutics, Inc.*		3,064		109,232
Amicus Therapeutics, Inc.*		16,070		234,622
AnaptysBio, Inc.*		1,354		23,465
Anavex Life Sciences Corp.*(b)		3,237		13,725
Anika Therapeutics, Inc.*		882		33,807
Apellis Pharmaceuticals, Inc.*		3,796		117,031
Applied Genetic Technologies Corp.*(b)		1,478		7,597
Applied Therapeutics, Inc.*		843		20,316
Aprea Therapeutics, Inc.*		455		12,330
Aptinyx, Inc.*		1,554		5,144
Aravive, Inc.*(b)		769		4,383
Arcturus Therapeutics Holdings, Inc.*		823		39,702
Arcus Biosciences, Inc.*		2,079		49,480
Arcutis Biotherapeutics, Inc.*(b)		598		14,992
Ardelyx, Inc.*		4,617		26,502
Arena Pharmaceuticals, Inc.*		3,555		248,210
Arrowhead Pharmaceuticals, Inc.*		6,346		268,055
Assembly Biosciences, Inc.*		1,939		42,406
Atara Biotherapeutics, Inc.*		3,630		48,932
Athenex, Inc.*		4,653		53,463
Athersys, Inc.*(b)		10,966		23,906
Atreca, Inc., Class A*		1,345		19,126
AVEO Pharmaceuticals, Inc.*(b)		863		4,108
Avid Bioservices, Inc.*		3,563		29,894
Avrobio, Inc.*		1,952		33,809
Axcella Health, Inc.*		606		3,030
Beam Therapeutics, Inc.*(b)		777		19,510
Beyondspring, Inc.*(b)		857		10,653
BioCryst Pharmaceuticals, Inc.*		9,751		40,467
Biohaven Pharmaceutical Holding Co. Ltd.*		2,983		189,092
BioSpecifics Technologies Corp.*		395		25,477
Bioxcel Therapeutics, Inc.*		667		27,180
Black Diamond Therapeutics, Inc.*		776		22,326
Blueprint Medicines Corp.*		3,429		265,507
BrainStorm Cell Therapeutics, Inc.*(b)		1,687		21,273
Bridgebio Pharma, Inc.*		4,601		137,386
Cabaletta Bio, Inc.*		816		8,609

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Calithera Biosciences, Inc.*		4,159		16,761
Calyxt, Inc.*		657		3,571
CareDx, Inc.*		2,706		92,410
CASI Pharmaceuticals, Inc.*		3,407		5,826
Castle Biosciences, Inc.*		647		29,587
Catabasis Pharmaceuticals, Inc.*		1,141		7,531
Catalyst Biosciences, Inc.*		1,104		5,763
Catalyst Pharmaceuticals, Inc.*		6,137		20,129
Cellular Biomedicine Group, Inc.*(b)		777		14,437
CEL-SCI Corp.*(b)		2,080		26,894
Centogene NV*		260		3,016
Checkpoint Therapeutics, Inc.*(b)		2,586		5,637
ChemoCentryx, Inc.*		2,810		150,335
Chimerix, Inc.*		3,060		8,599
Cidara Therapeutics, Inc.*(b)		2,114		6,723
Clovis Oncology, Inc.*(b)		4,570		23,810
Cohbar, Inc.*(b)(c)		1,549		1,445
Coherus Biosciences, Inc.*		3,657		69,373
Concert Pharmaceuticals, Inc.*		1,808		17,393
Constellation Pharmaceuticals, Inc.*		1,709		35,974
ContraFect Corp.*		853		4,666
Corbus Pharmaceuticals Holdings, Inc.*(b)		4,190		38,904
Cortexyme, Inc.*(b)		994		43,706
Crinetics Pharmaceuticals, Inc.*		1,704		27,315
Cue Biopharma, Inc.*		1,753		31,326
Cyclerion Therapeutics, Inc.*		1,402		9,562
Cytokinetics, Inc.*		3,537		84,747
CytomX Therapeutics, Inc.*		2,855		20,841
Deciphera Pharmaceuticals, Inc.*		2,365		106,449
Denali Therapeutics, Inc.*		3,974		126,771
DermTech, Inc.*		513		6,038
Dicerna Pharmaceuticals, Inc.*		4,106		76,043
Dyadic International, Inc.*(b)		1,221		9,707
Dynavax Technologies Corp.*(b)		5,653		33,805
Eagle Pharmaceuticals, Inc.*		688		27,300
Editas Medicine, Inc.*		3,507		123,552
Eidos Therapeutics, Inc.*		690		29,863
Eiger BioPharmaceuticals, Inc.*		1,490		16,643
Emergent BioSolutions, Inc.*		2,821		321,735
Enanta Pharmaceuticals, Inc.*		1,204		62,837
Enochian Biosciences, Inc.*(b)		875		3,570
Epizyme, Inc.*		5,637		73,281
Esperion Therapeutics, Inc.*(b)		1,634		58,987
Evelo Biosciences, Inc.*(b)		888		3,943
Exicure, Inc.*		3,753		7,468
Fate Therapeutics, Inc.*		3,959		144,108
Fennec Pharmaceuticals, Inc.*(b)		1,365		7,480
FibroGen, Inc.*		5,251		235,402
Five Prime Therapeutics, Inc.*		1,693		7,229
Flexion Therapeutics, Inc.*		2,163		25,221
Fortress Biotech, Inc.*		3,674		14,531
Frequency Therapeutics, Inc.*(b)		1,781		34,445
G1 Therapeutics, Inc.*		2,157		33,110
Galectin Therapeutics, Inc.*		2,355		6,241
Galera Therapeutics, Inc.*		553		4,319
Genprex, Inc.*(b)		1,807		7,156
Geron Corp.*		11,720		24,026
GlycoMimetics, Inc.*		2,142		7,904
Gossamer Bio, Inc.*		3,134		43,563
Gritstone Oncology, Inc.*		1,881		6,226
Halozyme Therapeutics, Inc.*		8,583		248,864
Harpoon Therapeutics, Inc.*		668		9,192
Heron Therapeutics, Inc.*		5,539		79,208
Homology Medicines, Inc.*		2,150		22,854
Hookipa Pharma, Inc.*		786		7,027
iBio, Inc.*(b)		3,040		6,354
Ideaya Biosciences, Inc.*		763		9,232
IGM Biosciences, Inc.*(b)		447		19,221
Immunic, Inc.*		217		3,483
ImmunoGen, Inc.*		10,862		40,189
Immunovant, Inc.*		1,208		41,024
Inovio Pharmaceuticals, Inc.*(b)		9,071		108,761
Insmed, Inc.*		6,399		180,388
Intellia Therapeutics, Inc.*		2,770		59,777
Intercept Pharmaceuticals, Inc.*		1,640		81,803
Invitae Corp.*		7,296		255,068
Ironwood Pharmaceuticals, Inc.*		10,086		101,869
IVERIC bio, Inc.*		2,854		12,814
Jounce Therapeutics, Inc.*		1,092		5,285
Kadmon Holdings, Inc.*		10,197		50,985
KalVista Pharmaceuticals, Inc.*		862		11,292
Karuna Therapeutics, Inc.*		980		74,872
Karyopharm Therapeutics, Inc.*		4,433		67,426
Keros Therapeutics, Inc.*(b)		441		23,611
Kezar Life Sciences, Inc.*		1,635		7,946
Kindred Biosciences, Inc.*		2,359		11,701
Kiniksa Pharmaceuticals Ltd., Class A*		1,202		21,239
Kodiak Sciences, Inc.*		1,824		95,924
Krystal Biotech, Inc.*		755		36,097
Kura Oncology, Inc.*		3,351		83,406
La Jolla Pharmaceutical Co.*(b)		1,142		4,796
Lexicon Pharmaceuticals, Inc.*(b)		2,615		4,576
Ligand Pharmaceuticals, Inc.*		911		92,922
LogicBio Therapeutics, Inc.*(b)		763		4,807
MacroGenics, Inc.*		3,029		87,659
Madrigal Pharmaceuticals, Inc.*		552		59,450
Magenta Therapeutics, Inc.*		1,073		7,801
MannKind Corp.*(b)		13,455		23,412
Marker Therapeutics, Inc.*(b)		1,870		3,366
MediciNova, Inc.*(b)		2,666		13,970
MEI Pharma, Inc.*		6,532		17,767
MeiraGTx Holdings plc*		1,298		16,887
Mersana Therapeutics, Inc.*		2,899		55,545
Minerva Neurosciences, Inc.*		2,063		6,560
Mirati Therapeutics, Inc.*		2,324		347,136
Mirum Pharmaceuticals, Inc.*(b)		329		8,541
Molecular Templates, Inc.*		1,534		17,810
Momenta Pharmaceuticals, Inc.*		7,450		388,666
Morphic Holding, Inc.*(b)		865		22,922
Mustang Bio, Inc.*		1,813		5,929
Myriad Genetics, Inc.*		4,501		60,178
NantKwest, Inc.*(b)		1,819		13,279
Natera, Inc.*		4,409		280,897
Neoleukin Therapeutics, Inc.*		1,876		23,844
Neubase Therapeutics, Inc.*		1,094		8,785
NeuroBo Pharmaceuticals, Inc.*(b)		272		1,654
NextCure, Inc.*		1,042		9,368
Novavax, Inc.*		3,678		405,831
Nymox Pharmaceutical Corp.*		2,494		6,285
Oncocyte Corp.*		2,737		3,421
OPKO Health, Inc.*(b)		25,140		81,454
Organogenesis Holdings, Inc.*		1,282		5,519
Orgenesis, Inc.*(b)		1,142		6,018
ORIC Pharmaceuticals, Inc.*(b)		550		13,777

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Ovid therapeutics, Inc.*		2,706		15,532
Oyster Point Pharma, Inc.*		317		7,215
Passage Bio, Inc.*		858		14,208
PDL BioPharma, Inc.*		7,189		24,083
Pfenex, Inc.*		2,179		27,303
PhaseBio Pharmaceuticals, Inc.*(b)		949		3,663
Pieris Pharmaceuticals, Inc.*		3,140		8,980
Precigen, Inc.*(b)		4,189		25,343
Precision BioSciences, Inc.*		2,885		16,271
Prevail Therapeutics, Inc.*		902		11,049
Principia Biopharma, Inc.*		1,859		185,919
Protagonist Therapeutics, Inc.*		1,427		31,965
Protara Therapeutics, Inc.*		127		2,718
Prothena Corp. plc*		1,944		25,194
PTC Therapeutics, Inc.*		3,906		193,054
Puma Biotechnology, Inc.*		1,932		19,880
Radius Health, Inc.*		2,875		35,592
RAPT Therapeutics, Inc.*		694		18,460
REGENXBIO, Inc.*		2,152		65,679
Replimune Group, Inc.*		1,086		29,322
Retrophin, Inc.*		2,620		51,326
REVOLUTION Medicines, Inc.*		925		26,214
Rhythm Pharmaceuticals, Inc.*		2,124		62,679
Rigel Pharmaceuticals, Inc.*		10,744		26,753
Rocket Pharmaceuticals, Inc.*		2,152		55,027
Rubius Therapeutics, Inc.*(b)		2,266		10,911
Sangamo Therapeutics, Inc.*		7,278		80,313
Savara, Inc.*		2,936		4,287
Scholar Rock Holding Corp.*		1,435		21,668
Selecta Biosciences, Inc.*(b)		4,290		11,154
Seres Therapeutics, Inc.*		2,778		73,589
Soleno Therapeutics, Inc.*		2,117		4,530
Solid Biosciences, Inc.*		1,566		3,743
Sorrento Therapeutics, Inc.*(b)		11,082		88,767
Spectrum Pharmaceuticals, Inc.*		7,289		30,687
Spero Therapeutics, Inc.*		910		9,892
SpringWorks Therapeutics, Inc.*		1,339		59,465
Stoke Therapeutics, Inc.*		772		22,674
Sutro Biopharma, Inc.*		1,061		10,621
Syndax Pharmaceuticals, Inc.*		1,701		27,743
Syros Pharmaceuticals, Inc.*		2,624		34,768
TCR2 Therapeutics, Inc.*		1,029		20,806
TG Therapeutics, Inc.*		6,106		151,459
Translate Bio, Inc.*		3,198		45,060
Turning Point Therapeutics, Inc.*		1,758		137,440
Twist Bioscience Corp.*		1,888		132,028
Tyme Technologies, Inc.*(b)		4,147		4,188
Ultragenyx Pharmaceutical, Inc.*		3,584		304,855
UNITY Biotechnology, Inc.*(b)		2,081		6,534
UroGen Pharma Ltd.*		1,225		30,735
Vanda Pharmaceuticals, Inc.*		3,399		34,976
Vaxart, Inc.*		2,814		16,687
VBI Vaccines, Inc.*(b)		10,854		46,238
Veracyte, Inc.*		3,160		105,260
Verastem, Inc.*(b)		10,340		13,028
Vericel Corp.*		2,842		45,046
Viela Bio, Inc.*		1,262		42,517
Viking Therapeutics, Inc.*(b)		4,145		27,730
Vir Biotechnology, Inc.*		2,925		118,404
Voyager Therapeutics, Inc.*		1,633		19,253
vTv Therapeutics, Inc., Class A*(b)		618		1,285
X4 Pharmaceuticals, Inc.*		1,016		8,514
XBiotech, Inc.*(b)		901		17,047
Xencor, Inc.*		3,503		125,232
XOMA Corp.*(b)		387		7,361
Y-mAbs Therapeutics, Inc.*		1,892		81,413
Zentalis Pharmaceuticals, Inc.*(b)		654		22,498
ZIOPHARM Oncology, Inc.*(b)		13,476		37,868
				12,315,245
Building Products - 1.2%
AAON, Inc.		2,595		147,733
Advanced Drainage Systems, Inc.		3,125		173,375
Alpha Pro Tech Ltd.*(b)		773		10,845
American Woodmark Corp.*		1,071		93,713
Apogee Enterprises, Inc.		1,625		34,011
Builders FirstSource, Inc.*		7,310		223,832
Caesarstone Ltd.		1,408		15,537
Cornerstone Building Brands, Inc.*		2,764		22,001
CSW Industrials, Inc.		888		64,158
Gibraltar Industries, Inc.*		2,061		128,699
Griffon Corp.		2,328		50,587
Insteel Industries, Inc.		1,172		21,612
JELD-WEN Holding, Inc.*		4,291		90,326
Masonite International Corp.*		1,540		140,587
Patrick Industries, Inc.		1,410		79,256
PGT Innovations, Inc.*		3,665		66,447
Quanex Building Products Corp.		2,075		34,881
Resideo Technologies, Inc.*		7,831		104,622
Simpson Manufacturing Co., Inc.		2,753		270,730
UFP Industries, Inc.		3,780		224,343
				1,997,295
Capital Markets - 1.1%
Artisan Partners Asset Management, Inc., Class A		3,435		132,969
Assetmark Financial Holdings, Inc.*		1,035		24,995
Associated Capital Group, Inc., Class A		116		4,483
B Riley Financial, Inc.		1,224		32,779
BGC Partners, Inc., Class A		19,269		48,558
BlackRock Capital Investment Corp.		2		6
Blucora, Inc.*		3,043		36,303
Brightsphere Investment Group, Inc.		3,919		54,317
Cohen & Steers, Inc.		1,543		93,352
Cowen, Inc., Class A		1,690		30,572
Diamond Hill Investment Group, Inc.		196		24,286
Donnelley Financial Solutions, Inc.*		1,899		20,699
Federated Hermes, Inc., Class B		6,105		145,971
Focus Financial Partners, Inc., Class A*		1,986		70,285
GAMCO Investors, Inc., Class A		348		4,392
Greenhill & Co., Inc.		897		10,064
Hamilton Lane, Inc., Class A		1,393		101,842
Hercules Capital, Inc.		6		67
Houlihan Lokey, Inc.		2,797		163,904
Moelis & Co., Class A		3,338		106,516
Oppenheimer Holdings, Inc., Class A		594		14,511
Piper Sandler Cos.		1,100		82,995
PJT Partners, Inc., Class A		1,488		88,060
Prospect Capital Corp.		3		15
Pzena Investment Management, Inc., Class A		1,089		5,391
Safeguard Scientifics, Inc.		1,238		7,725

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Sculptor Capital Management, Inc., Class A		1,150		14,685
Siebert Financial Corp.*(b)		646		2,442
Silvercrest Asset Management Group, Inc., Class A		603		7,562
Stifel Financial Corp.		4,212		213,613
StoneX Group, Inc.*		1,031		58,458
Value Line, Inc.		66		1,723
Virtus Investment Partners, Inc.		465		65,983
Waddell & Reed Financial, Inc., Class A		4,073		64,150
Westwood Holdings Group, Inc.		493		5,610
WisdomTree Investments, Inc.		9,186		34,356
				1,773,639
Chemicals - 1.2%
Advanced Emissions Solutions, Inc.(b)		1,003		3,882
AdvanSix, Inc.*		1,733		22,061
AgroFresh Solutions, Inc.*		1,884		4,672
American Vanguard Corp.		1,825		25,824
Amyris, Inc.*(b)		4,441		14,567
Avient Corp.		5,777		147,429
Balchem Corp.		2,034		198,722
Chase Corp.		465		45,370
Ferro Corp.*		5,174		64,520
FutureFuel Corp.		1,634		19,772
GCP Applied Technologies, Inc.*		3,090		80,525
Hawkins, Inc.		613		30,785
HB Fuller Co.		3,253		156,697
Ingevity Corp.*		2,624		147,390
Innospec, Inc.		1,545		115,396
Intrepid Potash, Inc.*		601		5,613
Koppers Holdings, Inc.*		1,301		31,302
Kraton Corp.*		1,974		27,715
Kronos Worldwide, Inc.		1,415		17,673
Livent Corp.*		9,273		78,635
Marrone Bio Innovations, Inc.*		4,260		5,410
Minerals Technologies, Inc.		2,154		109,316
Orion Engineered Carbons SA		3,808		46,267
PQ Group Holdings, Inc.*		2,425		28,251
Quaker Chemical Corp.		841		159,790
Rayonier Advanced Materials, Inc.*		3,920		12,387
Sensient Technologies Corp.		2,681		148,045
Stepan Co.		1,362		157,025
Trecora Resources*		1,529		9,189
Tredegar Corp.		1,652		27,968
Trinseo SA		2,419		60,257
Tronox Holdings plc, Class A		5,658		50,696
				2,053,151
Commercial Services & Supplies - 1.6%
ABM Industries, Inc.		4,238		161,637
ACCO Brands Corp.		5,839		37,837
Advanced Disposal Services, Inc.*		4,664		140,526
Brady Corp., Class A		3,062		143,577
BrightView Holdings, Inc.*		1,975		24,253
Brink's Co. (The)		3,177		153,640
Casella Waste Systems, Inc., Class A*		2,911		163,453
CECO Environmental Corp.*		1,960		16,611
Cimpress plc*		1,124		104,195
CompX International, Inc.		105		1,439
Covanta Holding Corp.		7,494		70,743
Deluxe Corp.		2,638		74,919
Ennis, Inc.		1,621		29,713
Harsco Corp.*		4,944		69,958
Healthcare Services Group, Inc.		4,719		98,155
Heritage-Crystal Clean, Inc.*		959		14,078
Herman Miller, Inc.		3,729		88,862
HNI Corp.		2,697		85,899
Interface, Inc.		3,688		27,881
KAR Auction Services, Inc.		8,163		141,546
Kimball International, Inc., Class B		2,280		25,559
Knoll, Inc.		3,166		40,746
Matthews International Corp., Class A		1,928		42,223
McGrath RentCorp		1,523		101,066
NL Industries, Inc.		534		1,869
PICO Holdings, Inc.*		1,090		9,690
Pitney Bowes, Inc.		10,957		60,154
Quad/Graphics, Inc.		2,105		7,347
SP Plus Corp.*		1,454		29,822
Steelcase, Inc., Class A		5,453		56,984
Team, Inc.*		1,898		12,090
Tetra Tech, Inc.		3,406		314,408
UniFirst Corp.		953		183,567
US Ecology, Inc.		1,967		73,034
Viad Corp.		1,275		27,323
VSE Corp.		562		16,315
				2,651,119
Communications Equipment - 0.7%
Acacia Communications, Inc.*		2,457		165,798
ADTRAN, Inc.		3,024		33,536
Applied Optoelectronics, Inc.*(b)		1,223		14,224
CalAmp Corp.*		2,121		17,329
Calix, Inc.*		3,071		59,731
Cambium Networks Corp.*		354		4,620
Casa Systems, Inc.*		2,007		9,132
Clearfield, Inc.*		706		12,426
Comtech Telecommunications Corp.		1,537		25,514
DASAN Zhone Solutions, Inc.*		763		7,950
Digi International, Inc.*		1,815		24,720
Extreme Networks, Inc.*		7,368		32,198
Genasys, Inc.*		2,080		10,400
Harmonic, Inc.*		6,001		35,406
Infinera Corp.*		9,842		71,748
Inseego Corp.*(b)		4,305		49,421
InterDigital, Inc.		1,946		118,998
KVH Industries, Inc.*		1,027		9,233
NETGEAR, Inc.*		1,840		61,364
NetScout Systems, Inc.*		4,478		103,621
PCTEL, Inc.*(b)		1,116		7,075
Plantronics, Inc.		2,117		26,166
Resonant, Inc.*(b)		3,133		8,365
Ribbon Communications, Inc.*		4,311		18,451
Viavi Solutions, Inc.*		14,444		192,611
				1,120,037
Construction & Engineering - 1.0%
Aegion Corp.*		1,915		30,994
Ameresco, Inc., Class A*		1,542		52,644
API Group Corp.*(c)		8,851		125,153
Arcosa, Inc.		3,070		142,110
Argan, Inc.		930		39,367
Comfort Systems USA, Inc.		2,270		115,021
Concrete Pumping Holdings, Inc.*		1,696		6,157
Construction Partners, Inc., Class A*		1,189		22,222

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Dycom Industries, Inc.*		1,940		119,329
EMCOR Group, Inc.		3,435		257,659
Fluor Corp.		8,906		84,785
Granite Construction, Inc.		2,962		55,064
Great Lakes Dredge & Dock Corp.*		4,018		37,649
HC2 Holdings, Inc.*(b)		2,771		6,928
IES Holdings, Inc.*		513		14,790
MasTec, Inc.*		3,583		165,570
MYR Group, Inc.*		1,029		39,936
Northwest Pipe Co.*		608		17,225
NV5 Global, Inc.*		673		34,841
Primoris Services Corp.		3,038		57,904
Sterling Construction Co., Inc.*		1,749		24,731
Tutor Perini Corp.*		2,579		32,366
WillScot Mobile Mini Holdings Corp.*		10,062		180,110
				1,662,555
Construction Materials - 0.1%
Forterra, Inc.*		1,201		15,913
Summit Materials, Inc., Class A*		7,446		110,871
United States Lime & Minerals, Inc.		127		11,701
US Concrete, Inc.*		1,009		26,930
				165,415
Consumer Finance - 0.5%
Atlanticus Holdings Corp.*		321		2,729
Curo Group Holdings Corp.		1,158		8,917
Encore Capital Group, Inc.*		1,974		90,686
Enova International, Inc.*		1,854		31,666
EZCORP, Inc., Class A*		3,061		16,468
FirstCash, Inc.		2,570		153,558
Green Dot Corp., Class A*		3,217		167,477
LendingClub Corp.*		4,360		23,239
Navient Corp.		12,102		110,007
Nelnet, Inc., Class A		1,119		73,283
Oportun Financial Corp.*		1,228		15,411
PRA Group, Inc.*		2,852		133,117
Regional Management Corp.*		532		9,730
World Acceptance Corp.*(b)		313		28,480
				864,768
Containers & Packaging - 0.1%
Greif, Inc., Class A		1,623		59,808
Greif, Inc., Class B		379		15,550
Myers Industries, Inc.		2,265		34,655
O-I Glass, Inc.		9,905		107,766
Ranpak Holdings Corp.*		1,832		16,378
UFP Technologies, Inc.*		435		17,926
				252,083
Distributors - 0.1%
Core-Mark Holding Co., Inc.		2,823		94,345
Funko, Inc., Class A*(b)		1,522		8,888
Greenlane Holdings, Inc., Class A*		655		2,011
Weyco Group, Inc.		379		6,822
				112,066
Diversified Consumer Services - 0.5%
Adtalem Global Education, Inc.*		3,289		109,195
American Public Education, Inc.*		911		28,642
Aspen Group, Inc.*		1,173		14,991
Carriage Services, Inc.		1,041		23,048
Collectors Universe, Inc.		574		25,537
Franchise Group, Inc.(b)		1,212		29,767
Houghton Mifflin Harcourt Co.*		6,676		15,088
K12, Inc.*		2,523		93,881
Laureate Education, Inc., Class A*		6,797		85,098
OneSpaWorld Holdings Ltd.		2,857		19,799
Perdoceo Education Corp.*		4,375		62,869
Regis Corp.*		1,489		11,003
Strategic Education, Inc.		1,389		142,470
Universal Technical Institute, Inc.*		1,825		12,866
Vivint Smart Home, Inc.*(b)		4,410		78,277
WW International, Inc.*		2,983		70,041
				822,572
Diversified Financial Services - 0.2%
Alerus Financial Corp.		944		19,437
A-Mark Precious Metals, Inc.*		310		7,415
Banco Latinoamericano de Comercio Exterior SA, Class E		1,957		23,836
Cannae Holdings, Inc.*		5,351		201,893
GWG Holdings, Inc.*(b)		204		1,783
Marlin Business Services Corp.		529		3,545
SWK Holdings Corp.*		226		2,879
				260,788
Diversified Telecommunication Services - 0.6%
Alaska Communications Systems Group, Inc.		3,282		7,352
Anterix, Inc.*		842		36,829
ATN International, Inc.		707		41,006
Bandwidth, Inc., Class A*		1,212		190,866
Cincinnati Bell, Inc.*		3,168		47,710
Cogent Communications Holdings, Inc.		2,685		180,593
Consolidated Communications Holdings, Inc.*		4,600		35,788
IDT Corp., Class B*		961		6,266
Iridium Communications, Inc.*		7,432		208,170
Liberty Latin America Ltd., Class A*		2,919		28,606
Liberty Latin America Ltd., Class C*		7,107		67,801
Ooma, Inc.*		1,312		17,896
ORBCOMM, Inc.*		4,682		18,775
Vonage Holdings Corp.*		14,639		167,616
				1,055,274
Electric Utilities - 0.5%
ALLETE, Inc.		3,292		177,637
Genie Energy Ltd., Class B		834		7,373
MGE Energy, Inc.		2,206		143,368
Otter Tail Corp.		2,533		98,407
PNM Resources, Inc.		5,021		219,317
Portland General Electric Co.		5,688		216,997
Spark Energy, Inc., Class A		749		6,883
				869,982
Electrical Equipment - 0.9%
Allied Motion Technologies, Inc.		463		19,719
American Superconductor Corp.*		1,391		17,471
Atkore International Group, Inc.*		2,992		79,976
AZZ, Inc.		1,646		57,166
Bloom Energy Corp., Class A*(b)		5,379		84,235
Encore Wire Corp.		1,289		66,525
EnerSys		2,686		193,338
FuelCell Energy, Inc.*(b)		13,458		38,221
LSI Industries, Inc.		1,622		11,127
Orion Energy Systems, Inc.*		1,691		10,789
Plug Power, Inc.*		22,428		291,115
Powell Industries, Inc.		567		15,303
Preformed Line Products Co.		194		10,556

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Sunrun, Inc.*		7,344		415,340
Thermon Group Holdings, Inc.*		2,070		27,241
TPI Composites, Inc.*		1,915		58,810
Ultralife Corp.*		575		3,634
Vicor Corp.*		1,126		97,996
Vivint Solar, Inc.*		3,107		95,944
				1,594,506
Electronic Equipment, Instruments & Components - 1.6%
Akoustis Technologies, Inc.*(b)		1,962		15,559
Arlo Technologies, Inc.*		4,903		28,094
Badger Meter, Inc.		1,842		113,633
Bel Fuse, Inc., Class B		630		7,573
Belden, Inc.		2,790		93,967
Benchmark Electronics, Inc.		2,305		45,201
CTS Corp.		2,013		42,072
Daktronics, Inc.		2,337		10,330
ePlus, Inc.*		841		64,522
Fabrinet*		2,321		161,959
FARO Technologies, Inc.*		1,121		63,337
Fitbit, Inc., Class A*		15,095		96,004
II-VI, Inc.*		6,262		278,659
Insight Enterprises, Inc.*		2,191		131,033
Intellicheck, Inc.*(b)		1,007		6,344
Iteris, Inc.*		2,549		11,649
Itron, Inc.*		2,534		150,950
Kimball Electronics, Inc.*		1,521		20,511
Knowles Corp.*		5,599		84,321
Luna Innovations, Inc.*		1,831		11,718
Methode Electronics, Inc.		2,293		64,915
MTS Systems Corp.		1,221		29,792
Napco Security Technologies, Inc.*		733		18,259
nLight, Inc.*		2,180		50,925
Novanta, Inc.*		2,161		231,594
OSI Systems, Inc.*		1,071		84,341
PAR Technology Corp.*(b)		1,015		37,900
PC Connection, Inc.		697		30,870
Plexus Corp.*		1,813		137,915
Powerfleet, Inc.*		1,732		9,734
Research Frontiers, Inc.*(b)		1,679		3,895
Rogers Corp.*		1,179		133,592
Sanmina Corp.*		4,245		120,134
ScanSource, Inc.*		1,598		39,455
TTM Technologies, Inc.*		6,316		72,381
Vishay Intertechnology, Inc.		8,401		134,332
Vishay Precision Group, Inc.*		785		19,554
Wrap Technologies, Inc.*(b)		723		6,290
				2,663,314
Energy Equipment & Services - 0.5%
Archrock, Inc.		8,204		53,818
Aspen Aerogels, Inc.*		1,293		10,991
Bristow Group, Inc.*		417		7,885
Cactus, Inc., Class A		3,007		66,425
ChampionX Corp.*		11,743		120,248
DMC Global, Inc.		919		32,560
Dril-Quip, Inc.*		2,206		73,085
Exterran Corp.*		1,649		7,585
Frank's International NV*		9,798		22,633
Helix Energy Solutions Group, Inc.*		9,021		32,295
Liberty Oilfield Services, Inc., Class A		3,981		25,677
Matrix Service Co.*		1,640		15,154
Nabors Industries Ltd.		444		17,751
National Energy Services Reunited Corp.*		1,307		9,855
Newpark Resources, Inc.*		5,623		10,965
NexTier Oilfield Solutions, Inc.*		10,230		25,780
Oceaneering International, Inc.*		6,277		33,833
Oil States International, Inc.*		3,808		16,717
Patterson-UTI Energy, Inc.		11,579		44,579
ProPetro Holding Corp.*		5,067		31,821
RPC, Inc.*		3,636		11,381
SEACOR Holdings, Inc.*		1,213		38,343
Select Energy Services, Inc., Class A*		3,735		17,816
Solaris Oilfield Infrastructure, Inc., Class A		1,821		14,167
Tidewater, Inc.*		2,557		17,567
Transocean Ltd.*(b)		36,963		45,095
US Silica Holdings, Inc.		4,664		20,801
				824,827
Entertainment - 0.2%
AMC Entertainment Holdings, Inc., Class A(b)		3,290		19,345
Cinemark Holdings, Inc.		6,755		98,961
Eros International plc*(b)		4,619		14,365
Gaia, Inc.*		743		8,693
Glu Mobile, Inc.*		8,193		65,053
IMAX Corp.*		3,128		48,077
Liberty Media Corp.-Liberty Braves, Class A*		635		12,440
Liberty Media Corp.-Liberty Braves, Class C*		2,295		44,592
LiveXLive Media, Inc.*(b)		1,899		5,127
Marcus Corp. (The)		1,417		22,204
				338,857
Equity Real Estate Investment Trusts (REITs) - 4.3%
Acadia Realty Trust		5,364		60,828
Agree Realty Corp.		3,364		225,119
Alexander & Baldwin, Inc.		4,556		55,173
Alexander's, Inc.		135		34,434
Alpine Income Property Trust, Inc.		427		6,196
American Assets Trust, Inc.		3,182		81,300
American Finance Trust, Inc.		6,902		47,175
Armada Hoffler Properties, Inc.		3,544		35,794
Bluerock Residential Growth REIT, Inc.		1,473		10,915
BRT Apartments Corp.		631		8,424
CareTrust REIT, Inc.		6,040		116,995
CatchMark Timber Trust, Inc., Class A		3,081		30,594
Chatham Lodging Trust		2,925		20,241
CIM Commercial Trust Corp.		702		7,252
City Office REIT, Inc.		2,967		23,855
Clipper Realty, Inc.		940		6,270
Colony Capital, Inc.*		30,692		83,175
Columbia Property Trust, Inc.		7,238		85,408
Community Healthcare Trust, Inc.		1,333		62,251
CoreCivic, Inc.		7,562		70,402
CorEnergy Infrastructure Trust, Inc.		869		7,773
CorePoint Lodging, Inc.		2,482		14,098
DiamondRock Hospitality Co.		12,627		66,923
Diversified Healthcare Trust		14,993		56,973
Easterly Government Properties, Inc.		4,769		115,362
EastGroup Properties, Inc.		2,442		325,177

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares	Value ($)
Essential Properties Realty Trust, Inc.	5,776	98,019
Farmland Partners, Inc.(b)	1,652	11,052
Four Corners Property Trust, Inc.	4,447	112,287
Franklin Street Properties Corp.	6,567	29,092
Front Yard Residential Corp.	3,166	30,868
GEO Group, Inc. (The)	7,447	83,109
Getty Realty Corp.	2,134	62,505
Gladstone Commercial Corp.	2,126	41,691
Gladstone Land Corp.	1,200	18,888
Global Medical REIT, Inc.	2,595	33,190
Global Net Lease, Inc.	5,699	99,732
Healthcare Realty Trust, Inc.	8,542	246,437
Hersha Hospitality Trust	2,152	13,837
Independence Realty Trust, Inc.	5,990	70,143
Industrial Logistics Properties Trust	4,103	88,502
Innovative Industrial Properties, Inc.	1,055	129,860
Investors Real Estate Trust	770	54,747
iStar, Inc.	4,691	58,075
Jernigan Capital, Inc.	1,412	24,343
Kite Realty Group Trust	5,251	59,021
Lexington Realty Trust	16,179	183,955
LTC Properties, Inc.	2,458	89,692
Macerich Co. (The)(b)	8,970	71,132
Mack-Cali Realty Corp.	5,751	72,635
Monmouth Real Estate Investment Corp.	6,000	87,060
National Health Investors, Inc.	2,720	169,320
National Storage Affiliates Trust	3,914	134,289
New Senior Investment Group, Inc.	5,184	22,706
NexPoint Residential Trust, Inc.	1,378	57,049
Office Properties Income Trust	3,025	72,116
One Liberty Properties, Inc.	1,004	19,237
Pebblebrook Hotel Trust	8,226	103,812
Physicians Realty Trust	12,838	233,010
Piedmont Office Realty Trust, Inc., Class A	7,978	122,143
Plymouth Industrial REIT, Inc.	930	12,415
PotlatchDeltic Corp.	4,141	190,652
Preferred Apartment Communities, Inc., Class A	3,007	19,846
PS Business Parks, Inc.	1,270	160,274
QTS Realty Trust, Inc., Class A	3,798	257,580
Retail Opportunity Investments Corp.	7,215	80,303
Retail Properties of America, Inc., Class A	13,558	85,551
Retail Value, Inc.	1,039	13,206
RLJ Lodging Trust	10,377	97,959
RPT Realty	5,100	29,886
Ryman Hospitality Properties, Inc.	3,189	121,692
Sabra Health Care REIT, Inc.	12,984	192,553
Safehold, Inc.(b)	1,094	60,684
Saul Centers, Inc.	754	21,127
Seritage Growth Properties, Class A*(b)	2,152	30,193
Service Properties Trust	10,366	85,105
SITE Centers Corp.	9,683	72,719
STAG Industrial, Inc.	9,475	306,042
Summit Hotel Properties, Inc.	6,540	38,521
Sunstone Hotel Investors, Inc.	13,587	113,180
Tanger Factory Outlet Centers, Inc.(b)	5,725	32,575
Terreno Realty Corp.	4,214	251,323
UMH Properties, Inc.	2,317	33,689
Uniti Group, Inc.	12,218	119,981
Universal Health Realty Income Trust	811	54,110
Urban Edge Properties	7,336	77,468
Urstadt Biddle Properties, Inc., Class A	1,880	17,484
Washington REIT	5,215	114,417
Whitestone REIT	2,520	16,204
Xenia Hotels & Resorts, Inc.	7,162	64,315
		7,232,715
Food & Staples Retailing - 0.6%
Andersons, Inc. (The)	1,972	34,964
BJ's Wholesale Club Holdings, Inc.*	8,657	384,457
Chefs' Warehouse, Inc. (The)*	1,568	23,222
HF Foods Group, Inc.*(b)	2,247	17,841
Ingles Markets, Inc., Class A	902	36,441
Natural Grocers by Vitamin Cottage, Inc.	577	6,763
Performance Food Group Co.*	8,281	302,339
PriceSmart, Inc.	1,436	94,417
Rite Aid Corp.*	3,454	44,971
SpartanNash Co.	2,243	44,815
United Natural Foods, Inc.*	3,379	60,991
Village Super Market, Inc., Class A	530	13,483
Weis Markets, Inc.	603	29,686
		1,094,390
Food Products - 1.1%
Alico, Inc.	330	10,666
B&G Foods, Inc.(b)	4,030	125,494
Bridgford Foods Corp.*	107	1,775
Calavo Growers, Inc.	1,040	66,009
Cal-Maine Foods, Inc.*	2,001	77,218
Darling Ingredients, Inc.*	10,171	325,167
Farmer Bros Co.*	1,018	6,403
Fresh Del Monte Produce, Inc.	1,964	45,545
Freshpet, Inc.*	2,446	277,865
Hostess Brands, Inc.*	7,733	99,292
J & J Snack Foods Corp.	945	128,473
John B Sanfilippo & Son, Inc.	556	44,280
Lancaster Colony Corp.	1,200	213,264
Landec Corp.*	1,640	16,794
Limoneira Co.	1,028	14,875
Sanderson Farms, Inc.	1,274	149,007
Seneca Foods Corp., Class A*	411	19,465
Simply Good Foods Co. (The)*	5,387	133,867
Tootsie Roll Industries, Inc.	1,015	32,482
		1,787,941
Gas Utilities - 0.7%
Brookfield Infrastructure Corp., Class A	2,057	102,685
Chesapeake Utilities Corp.	1,019	83,354
New Jersey Resources Corp.	6,025	181,594
Northwest Natural Holding Co.	1,927	98,489
ONE Gas, Inc.	3,314	245,634
RGC Resources, Inc.	481	11,217
South Jersey Industries, Inc.	5,861	129,821
Southwest Gas Holdings, Inc.	3,491	219,479
Spire, Inc.	3,172	184,642
		1,256,915

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Health Care Equipment & Supplies - 2.6%
Accelerate Diagnostics, Inc.*(b)		1,929		23,495
Accuray, Inc.*		5,660		13,188
Alphatec Holdings, Inc.*		2,818		16,880
AngioDynamics, Inc.*		2,319		21,717
Antares Pharma, Inc.*		10,390		29,404
Apyx Medical Corp.*		2,116		9,712
Aspira Women's Health, Inc.*(b)		2,985		8,552
AtriCure, Inc.*		2,464		110,215
Atrion Corp.		89		56,223
Avanos Medical, Inc.*		3,009		97,492
Axogen, Inc.*		2,301		27,313
Axonics Modulation Technologies, Inc.*		1,927		81,435
Bellerophon Therapeutics, Inc.*		218		2,352
Beyond Air, Inc.*(b)		830		4,607
BioLife Solutions, Inc.*		459		9,786
BioSig Technologies, Inc.*(b)		1,340		9,929
Cantel Medical Corp.		2,397		125,795
Cardiovascular Systems, Inc.*		2,181		71,253
Cerus Corp.*		10,242		65,242
Chembio Diagnostics, Inc.*(b)		1,235		5,063
Co-Diagnostics, Inc.*(b)		1,640		17,876
CONMED Corp.		1,716		148,108
CryoLife, Inc.*		2,327		47,052
CryoPort, Inc.*		2,119		117,562
Cutera, Inc.*		1,060		17,352
CytoSorbents Corp.*		2,180		18,399
Electromed, Inc.*		439		5,435
FONAR Corp.*		399		10,123
GenMark Diagnostics, Inc.*		4,283		55,551
Glaukos Corp.*		2,672		127,802
Heska Corp.*		441		45,688
Inogen, Inc.*		1,165		35,218
Integer Holdings Corp.*		2,067		143,160
IntriCon Corp.*		528		6,410
Invacare Corp.		2,137		14,489
iRadimed Corp.*		367		7,780
iRhythm Technologies, Inc.*		1,711		376,728
Lantheus Holdings, Inc.*		4,193		56,270
LeMaitre Vascular, Inc.		1,050		33,894
LivaNova plc*		3,086		144,733
Meridian Bioscience, Inc.*		2,675		37,825
Merit Medical Systems, Inc.*		3,425		168,168
Mesa Laboratories, Inc.		258		63,447
Milestone Scientific, Inc.*(b)		2,221		3,332
Misonix, Inc.*		916		12,082
Natus Medical, Inc.*		2,126		38,608
Nemaura Medical, Inc.*(b)		426		1,593
Neogen Corp.*		3,335		254,127
Nevro Corp.*		2,123		291,997
NuVasive, Inc.*		3,248		169,318
OraSure Technologies, Inc.*		3,940		46,177
Orthofix Medical, Inc.*		1,180		35,801
OrthoPediatrics Corp.*		755		38,052
PAVmed, Inc.*(b)		2,271		4,474
Pulse Biosciences, Inc.*(b)		866		8,565
Quotient Ltd.*(b)		3,825		19,355
Repro-Med Systems, Inc.*		1,541		13,391
Retractable Technologies, Inc.*(b)		839		5,302
Rockwell Medical, Inc.*(b)		4,331		5,674
SeaSpine Holdings Corp.*		1,656		22,041
Shockwave Medical, Inc.*		1,683		106,938
SI-BONE, Inc.*		1,604		34,999
Sientra, Inc.*		2,936		11,274
Silk Road Medical, Inc.*		2,008		122,448
Soliton, Inc.*(b)		353		2,411
STAAR Surgical Co.*		2,851		136,705
Stereotaxis, Inc.*(b)		2,798		9,849
Surgalign Holdings, Inc.*		3,592		7,974
Surmodics, Inc.*		836		37,829
Tactile Systems Technology, Inc.*		1,162		44,656
Tela Bio, Inc.*		343		4,888
TransMedics Group, Inc.*		1,250		22,288
Utah Medical Products, Inc.		216		17,744
Vapotherm, Inc.*		1,212		37,705
Varex Imaging Corp.*		2,375		26,339
Venus Concept, Inc.*		1,169		3,355
ViewRay, Inc.*		7,048		19,171
VolitionRX Ltd.*(b)		1,491		5,054
Wright Medical Group NV*		8,133		245,861
Zynex, Inc.*(b)		1,048		15,510
				4,371,610
Health Care Providers & Services - 1.8%
1Life Healthcare, Inc.*(b)		1,347		39,292
AdaptHealth Corp.*		497		10,551
Addus HomeCare Corp.*		873		81,765
American Renal Associates Holdings, Inc.*		869		5,857
AMN Healthcare Services, Inc.*		2,949		158,774
Apollo Medical Holdings, Inc.*		637		12,033
Avalon GloboCare Corp.*(b)		1,221		1,734
BioTelemetry, Inc.*		2,120		83,910
Brookdale Senior Living, Inc.*		11,610		31,928
Community Health Systems, Inc.*		5,388		27,856
CorVel Corp.*		562		46,657
Covetrus, Inc.*		6,203		142,111
Cross Country Healthcare, Inc.*		2,263		14,461
Ensign Group, Inc. (The)		3,232		189,201
Enzo Biochem, Inc.*		2,812		5,990
Exagen, Inc.*(b)		301		4,340
Five Star Senior Living, Inc.*		1,196		6,183
Fulgent Genetics, Inc.*		612		18,091
Hanger, Inc.*		2,339		46,219
HealthEquity, Inc.*		4,415		253,774
InfuSystem Holdings, Inc.*		916		13,328
Joint Corp. (The)*		838		14,967
LHC Group, Inc.*		1,917		399,579
Magellan Health, Inc.*		1,477		111,454
MEDNAX, Inc.*		5,241		97,378
National HealthCare Corp.		793		50,514
National Research Corp.		853		47,768
Ontrak, Inc.*(b)		497		36,256
Option Care Health, Inc.*		2,147		24,948
Owens & Minor, Inc.		3,936		65,259
Patterson Cos., Inc.		5,360		155,494
Pennant Group, Inc. (The)*		1,640		60,746
PetIQ, Inc.*		1,301		45,769
Progyny, Inc.*(b)		1,666		47,564
Providence Service Corp. (The)*		764		70,739
R1 RCM, Inc.*		6,754		97,933
RadNet, Inc.*		2,704		38,992
Select Medical Holdings Corp.*		6,864		137,760
Sharps Compliance Corp.*(b)		904		6,902
Surgery Partners, Inc.*		1,425		27,203
Tenet Healthcare Corp.*		6,603		186,073
Tivity Health, Inc.*		2,741		44,843

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares	Value ($)
Triple-S Management Corp., Class B*	1,454	27,044
US Physical Therapy, Inc.	800	71,120
Viemed Healthcare, Inc.*	2,174	23,631
		3,083,991
Health Care Technology - 0.8%
Allscripts Healthcare Solutions, Inc.*	10,225	91,309
Computer Programs and Systems, Inc.	812	22,216
Evolent Health, Inc., Class A*	4,772	68,383
Health Catalyst, Inc.*	2,039	63,576
HealthStream, Inc.*	1,629	33,745
HMS Holdings Corp.*	5,567	155,264
iCAD, Inc.*(b)	1,271	13,765
Inovalon Holdings, Inc., Class A*	4,661	115,337
Inspire Medical Systems, Inc.*	1,654	197,570
NantHealth, Inc.*(b)	1,706	5,425
NextGen Healthcare, Inc.*	3,476	46,092
Omnicell, Inc.*	2,684	178,969
OptimizeRx Corp.*	909	18,325
Phreesia, Inc.*	1,806	56,961
Schrodinger, Inc.*	873	52,782
Simulations Plus, Inc.	796	47,426
Tabula Rasa HealthCare, Inc.*(b)	1,294	65,476
Vocera Communications, Inc.*	2,009	56,232
		1,288,853
Hotels, Restaurants & Leisure - 2.4%
Accel Entertainment, Inc.*(b)	2,670	31,666
BBX Capital Corp.	789	12,151
Biglari Holdings, Inc., Class A*	3	1,397
Biglari Holdings, Inc., Class B*	58	5,748
BJ's Restaurants, Inc.	1,173	36,973
Bloomin' Brands, Inc.	5,535	79,372
Bluegreen Vacations Corp.	329	1,829
Boyd Gaming Corp.	5,139	137,622
Brinker International, Inc.	2,766	124,581
Caesars Entertainment, Inc.*	8,580	392,964
Carrols Restaurant Group, Inc.*	2,234	14,879
Century Casinos, Inc.*	1,716	10,553
Cheesecake Factory, Inc. (The)(b)	2,680	79,140
Churchill Downs, Inc.	2,401	419,599
Chuy's Holdings, Inc.*	1,048	23,308
Cracker Barrel Old Country Store, Inc.	1,515	202,571
Dave & Buster's Entertainment, Inc.(b)	2,937	48,842
Del Taco Restaurants, Inc.*	1,887	15,870
Denny's Corp.*	3,431	39,319
Dine Brands Global, Inc.	984	58,607
El Pollo Loco Holdings, Inc.*	1,133	20,247
Everi Holdings, Inc.*	5,137	39,863
Fiesta Restaurant Group, Inc.*	1,139	11,413
GAN Ltd.*(b)	467	9,597
Golden Entertainment, Inc.*	1,060	13,610
Hilton Grand Vacations, Inc.*	5,385	117,985
International Game Technology plc	6,283	69,930
Jack in the Box, Inc.	1,431	117,900
Kura Sushi USA, Inc., Class A*(b)	215	2,627
Lindblad Expeditions Holdings, Inc.*	1,629	16,135
Marriott Vacations Worldwide Corp.	2,558	242,166
Monarch Casino & Resort, Inc.*	797	36,670
Nathan's Famous, Inc.	183	9,598
Noodles & Co.*	1,976	15,037
Papa John's International, Inc.	2,045	201,003
Penn National Gaming, Inc.*	8,463	432,459
PlayAGS, Inc.*	1,685	6,740
RCI Hospitality Holdings, Inc.	545	10,420
Red Robin Gourmet Burgers, Inc.*(b)	812	9,013
Red Rock Resorts, Inc., Class A	4,160	71,032
Ruth's Hospitality Group, Inc.	1,679	17,252
Scientific Games Corp.*	3,609	74,652
SeaWorld Entertainment, Inc.*	3,211	65,504
Shake Shack, Inc., Class A*	2,217	151,310
Target Hospitality Corp.*	1,876	2,720
Texas Roadhouse, Inc.	4,152	261,535
Twin River Worldwide Holdings, Inc.	1,150	27,520
Wingstop, Inc.	1,872	305,885
		4,096,814
Household Durables - 1.6%
Beazer Homes USA, Inc.*	1,803	22,069
Casper Sleep, Inc.*	533	4,839
Cavco Industries, Inc.*	548	104,619
Century Communities, Inc.*	1,848	65,937
Ethan Allen Interiors, Inc.	1,482	21,104
GoPro, Inc., Class A*	8,170	37,500
Green Brick Partners, Inc.*	1,501	21,374
Hamilton Beach Brands Holding Co., Class A	434	9,483
Helen of Troy Ltd.*	1,598	330,498
Hooker Furniture Corp.	735	18,118
Installed Building Products, Inc.*	1,446	125,542
iRobot Corp.*(b)	1,744	129,108
KB Home	5,576	199,398
La-Z-Boy, Inc.	2,816	91,520
Legacy Housing Corp.*	525	8,017
LGI Homes, Inc.*	1,408	157,499
Lifetime Brands, Inc.	757	7,434
Lovesac Co. (The)*	563	14,902
M/I Homes, Inc.*	1,761	74,948
MDC Holdings, Inc.	3,212	139,336
Meritage Homes Corp.*	2,350	225,670
Purple Innovation, Inc.*	903	17,076
Skyline Champion Corp.*	3,442	98,235
Sonos, Inc.*	5,018	70,603
Taylor Morrison Home Corp., Class A*	7,979	187,746
TopBuild Corp.*	2,091	321,596
TRI Pointe Group, Inc.*	8,191	138,264
Tupperware Brands Corp.	3,099	50,483
Turtle Beach Corp.*	852	16,674
Universal Electronics, Inc.*	853	35,041
VOXX International Corp.*	1,256	7,888
		2,752,521
Household Products - 0.2%
Central Garden & Pet Co.*	612	24,902
Central Garden & Pet Co., Class A*	2,498	92,826
Oil-Dri Corp. of America	329	11,522
WD-40 Co.	861	175,971
		305,221
Independent Power and Renewable Electricity Producers - 0.4%
Atlantic Power Corp.*	5,735	11,872
Brookfield Renewable Corp.	4,332	220,586

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares	Value ($)
Clearway Energy, Inc., Class A	2,204	53,227
Clearway Energy, Inc., Class C	5,038	128,519
Ormat Technologies, Inc.	2,528	153,879
Sunnova Energy International, Inc.*	2,045	48,507
		616,590
Industrial Conglomerates - 0.0%(d)
Raven Industries, Inc.	2,251	55,937
Insurance - 1.7%
Ambac Financial Group, Inc.*	2,866	36,198
American Equity Investment Life Holding Co.	5,735	137,124
AMERISAFE, Inc.	1,210	80,743
Argo Group International Holdings Ltd.	2,051	76,174
BRP Group, Inc., Class A*	1,255	34,525
Citizens, Inc.*(b)	3,136	18,346
CNO Financial Group, Inc.	9,057	147,629
Crawford & Co., Class A	1,030	7,066
Donegal Group, Inc., Class A	689	9,942
eHealth, Inc.*	1,610	101,623
Employers Holdings, Inc.	1,888	61,511
Enstar Group Ltd.*	762	136,390
FBL Financial Group, Inc., Class A	614	22,749
FedNat Holding Co.	780	6,622
Genworth Financial, Inc., Class A*	31,889	96,305
Goosehead Insurance, Inc., Class A	815	83,749
Greenlight Capital Re Ltd., Class A*	1,828	13,290
HCI Group, Inc.	379	20,739
Heritage Insurance Holdings, Inc.	1,587	20,710
Horace Mann Educators Corp.	2,619	102,298
Independence Holding Co.	290	10,150
Investors Title Co.	83	11,293
James River Group Holdings Ltd.	1,888	91,965
Kinsale Capital Group, Inc.	1,315	272,507
MBIA, Inc.*	4,392	35,619
National General Holdings Corp.	4,309	146,721
National Western Life Group, Inc., Class A	161	35,418
NI Holdings, Inc.*	579	9,449
Palomar Holdings, Inc.*	1,221	137,179
ProAssurance Corp.	3,389	51,920
ProSight Global, Inc.*	591	5,603
Protective Insurance Corp., Class B	568	8,157
RLI Corp.	2,503	234,756
Safety Insurance Group, Inc.	927	67,115
Selective Insurance Group, Inc.	3,736	223,450
State Auto Financial Corp.	1,108	17,096
Stewart Information Services Corp.	1,474	62,896
Third Point Reinsurance Ltd.*	5,093	43,596
Tiptree, Inc.	1,577	8,894
Trupanion, Inc.*	1,876	117,682
United Fire Group, Inc.	1,325	33,364
United Insurance Holdings Corp.	1,289	9,758
Universal Insurance Holdings, Inc.	1,779	33,000
Vericity, Inc.	118	839
Watford Holdings Ltd.*	1,082	17,312
		2,899,472
Interactive Media & Services - 0.3%
Cargurus, Inc.*	5,458	133,066
Cars.com, Inc.*	4,266	37,029
DHI Group, Inc.*	3,076	7,475
Eventbrite, Inc., Class A*	4,016	43,172
EverQuote, Inc., Class A*	886	31,453
Liberty TripAdvisor Holdings, Inc., Class A*	4,597	12,871
Meet Group, Inc. (The)*	4,348	27,392
QuinStreet, Inc.*	2,991	39,332
TrueCar, Inc.*	6,702	31,700
Yelp, Inc.*	4,422	102,237
		465,727
Internet & Direct Marketing Retail - 0.6%
1-800-Flowers.com, Inc., Class A*	1,568	46,930
CarParts.com, Inc.*	1,335	18,757
Duluth Holdings, Inc., Class B*(b)	701	6,786
Groupon, Inc.*	1,452	46,217
Lands' End, Inc.*	737	9,861
Liquidity Services, Inc.*	1,759	12,682
Magnite, Inc.*	6,517	47,900
Overstock.com, Inc.*	2,542	222,425
PetMed Express, Inc.	1,234	42,894
Quotient Technology, Inc.*	5,430	47,295
RealReal, Inc. (The)*	3,941	63,292
Shutterstock, Inc.	1,230	61,894
Stamps.com, Inc.*	1,046	260,810
Stitch Fix, Inc., Class A*(b)	3,554	85,829
Waitr Holdings, Inc.*(b)	4,803	19,356
		992,928
IT Services - 1.5%
Brightcove, Inc.*	2,466	27,422
Cardtronics plc, Class A*	2,273	49,347
Cass Information Systems, Inc.	900	35,244
Conduent, Inc.*	10,432	35,260
CSG Systems International, Inc.	2,066	87,950
Endurance International Group Holdings, Inc.*	4,181	27,218
EVERTEC, Inc.	3,804	133,216
Evo Payments, Inc., Class A*	2,577	74,037
ExlService Holdings, Inc.*	2,123	135,214
GreenSky, Inc., Class A*	3,928	17,087
Grid Dynamics Holdings, Inc.*	1,374	10,195
GTT Communications, Inc.*(b)	2,015	10,035
Hackett Group, Inc. (The)	1,581	19,936
I3 Verticals, Inc., Class A*	933	26,021
Information Services Group, Inc.*	2,226	4,574
International Money Express, Inc.*	837	14,162
KBR, Inc.	9,003	224,985
Limelight Networks, Inc.*	7,337	41,601
LiveRamp Holdings, Inc.*	4,144	231,401
ManTech International Corp., Class A	1,715	128,368
MAXIMUS, Inc.	3,862	299,498
MoneyGram International, Inc.*(b)	3,923	11,455
NIC, Inc.	4,158	88,898
Paysign, Inc.*(b)	1,947	12,539
Perficient, Inc.*	2,059	88,352
Perspecta, Inc.	8,800	182,776
PFSweb, Inc.*	887	7,495
Priority Technology Holdings, Inc.*	487	950
Repay Holdings Corp.*	2,313	58,519
ServiceSource International, Inc.*(b)	5,496	8,272
StarTek, Inc.*	1,059	5,295
Sykes Enterprises, Inc.*	2,470	81,769

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
TTEC Holdings, Inc.		1,146		64,967
Tucows, Inc., Class A*		593		37,490
Unisys Corp.*		3,911		45,602
Verra Mobility Corp.*		8,452		89,295
Virtusa Corp.*		1,819		71,923
				2,488,368
Leisure Products - 0.5%
Acushnet Holdings Corp.		2,162		76,297
American Outdoor Brands, Inc.*		862		13,128
Callaway Golf Co.		5,905		123,178
Clarus Corp.		1,475		18,570
Escalade, Inc.		653		11,839
Johnson Outdoors, Inc., Class A		330		28,284
Malibu Boats, Inc., Class A*		1,298		67,301
Marine Products Corp.		455		6,575
MasterCraft Boat Holdings, Inc.*		1,171		24,486
Nautilus, Inc.*		1,873		22,195
Smith & Wesson Brands, Inc.*		3,448		62,961
Sturm Ruger & Co., Inc.		1,064		75,395
Vista Outdoor, Inc.*		3,688		71,584
YETI Holdings, Inc.*		4,686		240,767
				842,560
Life Sciences Tools & Services - 0.5%
Champions Oncology, Inc.*		458		3,792
ChromaDex Corp.*		2,578		12,761
Codexis, Inc.*		3,390		46,782
Fluidigm Corp.*		4,461		35,019
Harvard Bioscience, Inc.*		2,388		8,000
Luminex Corp.		2,683		71,609
Medpace Holdings, Inc.*		1,725		223,888
NanoString Technologies, Inc.*		2,389		96,707
NeoGenomics, Inc.*		6,548		255,045
Pacific Biosciences of California, Inc.*		9,199		60,713
Personalis, Inc.*		1,234		28,160
Quanterix Corp.*		1,197		42,613
				885,089
Machinery - 2.7%
Alamo Group, Inc.		623		69,091
Albany International Corp., Class A		1,942		100,790
Altra Industrial Motion Corp.		4,076		159,168
Astec Industries, Inc.		1,419		74,810
Barnes Group, Inc.		2,969		117,572
Blue Bird Corp.*		973		11,073
Chart Industries, Inc.*		2,282		149,973
CIRCOR International, Inc.*		1,259		37,329
Columbus McKinnon Corp.		1,465		53,289
Douglas Dynamics, Inc.		1,426		54,744
Eastern Co. (The)		339		7,424
Energy Recovery, Inc.*		2,397		20,399
Enerpac Tool Group Corp.		3,427		71,282
EnPro Industries, Inc.		1,306		76,427
ESCO Technologies, Inc.		1,619		145,581
Evoqua Water Technologies Corp.*		5,417		110,832
ExOne Co. (The)*(b)		711		8,688
Federal Signal Corp.		3,781		121,446
Franklin Electric Co., Inc.		2,910		172,738
Gencor Industries, Inc.*		579		7,301
Gorman-Rupp Co. (The)		1,112		35,528
Graham Corp.		609		7,996
Greenbrier Cos., Inc. (The)		2,037		55,386
Helios Technologies, Inc.		1,855		76,259
Hillenbrand, Inc.		4,683		148,498
Hurco Cos., Inc.		403		11,397
Hyster-Yale Materials Handling, Inc.		624		25,172
John Bean Technologies Corp.		1,979		202,867
Kadant, Inc.		723		84,186
Kennametal, Inc.		5,250		152,355
L B Foster Co., Class A*		638		9,538
Lindsay Corp.		685		68,452
Luxfer Holdings plc		1,803		25,639
Lydall, Inc.*		1,081		20,301
Manitowoc Co., Inc. (The)*		2,144		20,197
Mayville Engineering Co., Inc.*		460		3,933
Meritor, Inc.*		4,383		99,757
Miller Industries, Inc.		701		21,990
Mueller Industries, Inc.		3,533		104,930
Mueller Water Products, Inc., Class A		9,909		107,017
Navistar International Corp.*		3,155		100,897
NN, Inc.		2,656		12,085
Omega Flex, Inc.		183		24,108
Park-Ohio Holdings Corp.		546		8,638
Proto Labs, Inc.*		1,691		248,577
RBC Bearings, Inc.*		1,557		205,586
REV Group, Inc.		1,738		13,470
Rexnord Corp.		6,731		194,930
Shyft Group, Inc. (The)		2,155		43,035
SPX Corp.*		2,718		113,694
SPX FLOW, Inc.*		2,688		116,874
Standex International Corp.		776		44,884
Tennant Co.		1,156		76,839
Terex Corp.		4,256		83,290
TriMas Corp.*		2,733		69,090
Wabash National Corp.		3,344		40,830
Watts Water Technologies, Inc., Class A		1,733		165,935
Welbilt, Inc.*		8,242		60,826
				4,474,943
Marine - 0.1%
Costamare, Inc.		3,138		15,847
Eagle Bulk Shipping, Inc.*(b)		2,798		7,387
Genco Shipping & Trading Ltd.		1,084		7,707
Matson, Inc.		2,704		108,349
Pangaea Logistics Solutions Ltd.		673		1,649
Safe Bulkers, Inc.*		3,282		3,643
Scorpio Bulkers, Inc.		342		4,778
				149,360
Media - 0.6%
AMC Networks, Inc., Class A*		2,446		59,413
Boston Omaha Corp., Class A*		712		11,613
Cardlytics, Inc.*		1,632		123,787
Central European Media Enterprises Ltd., Class A*		5,632		23,345
comScore, Inc.*		3,695		9,718
Daily Journal Corp.*(b)		71		19,539
Emerald Holding, Inc.		1,548		4,273
Entercom Communications Corp., Class A		7,416		11,124
Entravision Communications Corp., Class A		3,723		5,659
EW Scripps Co. (The), Class A		3,542		39,387
Fluent, Inc.*		2,647		8,206
Gannett Co., Inc.(b)		8,314		14,383
Gray Television, Inc.*		5,646		87,626
Hemisphere Media Group, Inc.*		1,038		9,238

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
iHeartMedia, Inc., Class A*(b)		3,783		34,879
Loral Space & Communications, Inc.		812		19,139
Meredith Corp.		2,507		35,098
MSG Networks, Inc., Class A*		2,519		24,535
National CineMedia, Inc.		3,938		14,216
Saga Communications, Inc., Class A		240		5,400
Scholastic Corp.		1,837		41,333
Sinclair Broadcast Group, Inc., Class A(b)		3,284		68,340
TechTarget, Inc.*		1,473		58,449
TEGNA, Inc.		13,866		173,602
Tribune Publishing Co.		987		11,202
WideOpenWest, Inc.*		3,309		19,027
				932,531
Metals & Mining - 1.1%
Alcoa Corp.*		11,841		173,115
Allegheny Technologies, Inc.*		8,022		66,823
Arconic Corp.*		6,291		139,975
Caledonia Mining Corp. plc		705		12,817
Carpenter Technology Corp.		3,002		63,132
Century Aluminum Co.*		3,195		31,535
Cleveland-Cliffs, Inc.(b)		24,967		164,283
Coeur Mining, Inc.*		15,307		129,497
Commercial Metals Co.		7,518		156,901
Compass Minerals International, Inc.		2,158		122,855
Gold Resource Corp.		4,131		16,441
Haynes International, Inc.		789		14,786
Hecla Mining Co.		32,989		198,594
Kaiser Aluminum Corp.		993		63,830
Materion Corp.		1,283		70,039
Novagold Resources, Inc.*		15,022		159,083
Olympic Steel, Inc.		577		6,347
Ryerson Holding Corp.*		1,014		5,587
Schnitzer Steel Industries, Inc., Class A		1,630		32,176
SunCoke Energy, Inc.		5,251		18,799
TimkenSteel Corp.*		2,845		10,726
United States Steel Corp.(b)		13,850		108,445
Warrior Met Coal, Inc.		3,251		50,293
Worthington Industries, Inc.		2,348		97,512
				1,913,591
Mortgage Real Estate Investment Trusts (REITs) - 0.9%
Anworth Mortgage Asset Corp.		6,201		10,728
Apollo Commercial Real Estate Finance, Inc.		9,769		87,335
Arbor Realty Trust, Inc.(b)		6,520		73,806
Ares Commercial Real Estate Corp.		1,946		19,382
Arlington Asset Investment Corp., Class A		2,311		6,286
ARMOUR Residential REIT, Inc.		4,046		39,206
Blackstone Mortgage Trust, Inc., Class A		8,705		206,918
Broadmark Realty Capital, Inc.(b)		8,132		79,694
Capstead Mortgage Corp.		6,028		37,193
Cherry Hill Mortgage Investment Corp.		962		9,197
Chimera Investment Corp.		12,132		107,853
Colony Credit Real Estate, Inc.		5,314		31,990
Dynex Capital, Inc.(b)		1,400		22,176
Ellington Financial, Inc.		2,608		32,496
Ellington Residential Mortgage REIT(b)		571		6,487
Granite Point Mortgage Trust, Inc.		3,451		22,915
Great Ajax Corp.		1,310		11,947
Hannon Armstrong Sustainable Infrastructure Capital, Inc.		4,467		189,669
Invesco Mortgage Capital, Inc.(b)		11,367		34,101
KKR Real Estate Finance Trust, Inc.		1,805		32,851
Ladder Capital Corp.		6,683		49,788
MFA Financial, Inc.		28,689		76,886
New York Mortgage Trust, Inc.		23,949		63,225
Orchid Island Capital, Inc.		4,207		21,498
PennyMac Mortgage Investment Trust		6,267		107,416
Ready Capital Corp.		2,312		23,652
Redwood Trust, Inc.		7,267		50,360
TPG RE Finance Trust, Inc.		3,795		33,472
Two Harbors Investment Corp.		17,314		94,361
Western Asset Mortgage Capital Corp.(b)		3,308		7,509
				1,590,397
Multiline Retail - 0.2%
Big Lots, Inc.		2,480		116,932
Dillard's, Inc., Class A(b)		477		14,410
Macy's, Inc.(b)		19,738		137,574
				268,916
Multi-Utilities - 0.3%
Avista Corp.		4,256		156,876
Black Hills Corp.		3,975		222,918
NorthWestern Corp.		3,208		165,661
Unitil Corp.		932		39,331
				584,786
Oil, Gas & Consumable Fuels - 1.1%
Adams Resources & Energy, Inc.		138		2,935
Antero Resources Corp.*(b)		15,345		49,411
Arch Resources, Inc.		953		35,900
Ardmore Shipping Corp.		2,123		7,855
Berry Corp.		4,282		16,871
Bonanza Creek Energy, Inc.*		1,188		23,808
Brigham Minerals, Inc., Class A		1,912		22,581
Clean Energy Fuels Corp.*		8,310		21,938
CNX Resources Corp.*		11,729		128,550
Comstock Resources, Inc.*		1,266		7,292
CONSOL Energy, Inc.*		1,645		8,505
Contango Oil & Gas Co.*(b)		5,671		9,187
CVR Energy, Inc.		1,871		31,227
Delek US Holdings, Inc.		3,950		62,133
DHT Holdings, Inc.		7,048		37,284
Diamond S Shipping, Inc.*		1,732		14,185
Dorian LPG Ltd.*		2,190		18,484
Earthstone Energy, Inc., Class A*		1,474		4,319
Energy Fuels, Inc.*(b)		7,376		13,424
Evolution Petroleum Corp.		1,790		4,887
Falcon Minerals Corp.		2,443		6,865
Frontline Ltd.(b)		7,457		59,358
Golar LNG Ltd.*		5,754		59,554
Goodrich Petroleum Corp.*		585		4,826
Green Plains, Inc.*		2,158		28,874
Gulfport Energy Corp.*		10,169		7,176
International Seaways, Inc.		1,564		26,525
Kosmos Energy Ltd.		25,482		37,459

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Magnolia Oil & Gas Corp., Class A*		7,924		51,031
Matador Resources Co.*(b)		6,974		67,857
Montage Resources Corp.*		1,358		7,007
NACCO Industries, Inc., Class A		237		4,858
NextDecade Corp.*		1,331		1,770
Nordic American Tankers Ltd.(b)		9,118		39,754
Overseas Shipholding Group, Inc., Class A*		4,177		8,813
Ovintiv, Inc.(b)		16,548		183,352
Par Pacific Holdings, Inc.*		2,529		21,952
PBF Energy, Inc., Class A		6,104		52,250
PDC Energy, Inc.*		6,308		95,503
Peabody Energy Corp.		3,969		10,359
Penn Virginia Corp.*		861		9,833
PrimeEnergy Resources Corp.*		32		2,152
Range Resources Corp.		13,536		100,979
Renewable Energy Group, Inc.*		2,417		80,800
REX American Resources Corp.*		355		21,932
Scorpio Tankers, Inc.(b)		3,234		38,291
SFL Corp. Ltd.		5,894		51,749
SM Energy Co.		7,125		17,314
Southwestern Energy Co.*		34,357		95,512
Talos Energy, Inc.*		698		5,242
Tellurian, Inc.*(b)		9,227		8,570
Uranium Energy Corp.*(b)		11,486		13,209
W&T Offshore, Inc.*(b)		5,962		13,295
Whiting Petroleum Corp.*(b)		5,691		4,550
World Fuel Services Corp.		3,949		104,254
				1,863,601
Paper & Forest Products - 0.4%
Boise Cascade Co.		2,470		113,126
Clearwater Paper Corp.*		1,015		34,165
Domtar Corp.		3,473		99,050
Louisiana-Pacific Corp.		7,128		234,796
Neenah, Inc.		1,060		46,937
P H Glatfelter Co.		2,769		41,507
Schweitzer-Mauduit International, Inc.		1,959		59,417
Verso Corp., Class A		2,221		29,117
				658,115
Personal Products - 0.3%
BellRing Brands, Inc., Class A*		2,514		48,872
Edgewell Personal Care Co.*		3,446		98,935
elf Beauty, Inc.*		1,665		32,517
Inter Parfums, Inc.		1,122		50,120
Lifevantage Corp.*		866		13,007
Medifast, Inc.		712		115,857
Nature's Sunshine Products, Inc.*		563		6,216
Revlon, Inc., Class A*(b)		437		3,199
USANA Health Sciences, Inc.*		730		57,239
Veru, Inc.*		3,138		8,692
				434,654
Pharmaceuticals - 1.3%
AcelRx Pharmaceuticals, Inc.*(b)		5,060		6,325
Aerie Pharmaceuticals, Inc.*		2,318		25,498
Agile Therapeutics, Inc.*(b)		4,295		13,744
AMAG Pharmaceuticals, Inc.*(b)		1,952		20,223
Amneal Pharmaceuticals, Inc.*		6,271		25,774
Amphastar Pharmaceuticals, Inc.*		2,241		45,672
ANI Pharmaceuticals, Inc.*		595		18,659
Aquestive Therapeutics, Inc.*(b)		1,258		9,888
Arvinas, Inc.*		1,849		47,982
Avenue Therapeutics, Inc.*		422		4,697
Axsome Therapeutics, Inc.*		1,751		128,366
Aytu BioScience, Inc.*(b)		1,451		1,538
BioDelivery Sciences International, Inc.*		5,615		21,955
Cara Therapeutics, Inc.*		2,600		40,300
Cassava Sciences, Inc.*(b)		1,469		4,613
Cerecor, Inc.*		1,829		4,499
Chiasma, Inc.*		2,319		12,731
Collegium Pharmaceutical, Inc.*		2,171		41,379
Corcept Therapeutics, Inc.*		6,067		77,051
CorMedix, Inc.*(b)		1,634		7,631
Cymabay Therapeutics, Inc.*		4,381		28,345
Durect Corp.*		12,504		21,694
Eloxx Pharmaceuticals, Inc.*(b)		1,689		5,211
Endo International plc*		14,318		43,097
Eton Pharmaceuticals, Inc.*(b)		935		7,330
Evofem Biosciences, Inc.*		2,968		9,854
Evolus, Inc.*(b)		1,380		5,327
Fulcrum Therapeutics, Inc.*		791		5,751
Harrow Health, Inc.*		1,417		9,763
IMARA, Inc.*(b)		312		7,251
Innoviva, Inc.*		4,009		46,945
Intersect ENT, Inc.*		2,054		41,244
Intra-Cellular Therapies, Inc.*		3,476		63,333
Kala Pharmaceuticals, Inc.*(b)		2,502		22,268
Kaleido Biosciences, Inc.*(b)		630		3,963
Lannett Co., Inc.*		2,014		10,594
Liquidia Technologies, Inc.*		1,289		6,600
Lyra Therapeutics, Inc.*		260		3,398
Mallinckrodt plc*(b)		5,359		8,467
Marinus Pharmaceuticals, Inc.*		5,359		10,396
Menlo Therapeutics, Inc.*		6,737		10,308
MyoKardia, Inc.*		3,142		343,860
NGM Biopharmaceuticals, Inc.*		1,483		27,658
Ocular Therapeutix, Inc.*		3,242		28,205
Odonate Therapeutics, Inc.*		827		13,356
Omeros Corp.*(b)		3,314		39,602
Optinose, Inc.*(b)		1,952		8,882
Osmotica Pharmaceuticals plc*		757		4,497
Pacira BioSciences, Inc.*		2,614		163,427
Paratek Pharmaceuticals, Inc.*		2,580		11,868
Phathom Pharmaceuticals, Inc.*(b)		678		24,923
Phibro Animal Health Corp., Class A		1,290		27,683
Prestige Consumer Healthcare, Inc.*		3,182		115,920
Provention Bio, Inc.*(b)		2,680		34,947
Recro Pharma, Inc.*		1,228		3,377
Relmada Therapeutics, Inc.*(b)		888		31,684
Revance Therapeutics, Inc.*		3,588		104,877
Satsuma Pharmaceuticals, Inc.*		580		13,357
scPharmaceuticals, Inc.*		341		2,919
SIGA Technologies, Inc.*		3,418		23,755
Strongbridge Biopharma plc*		2,248		8,632
Supernus Pharmaceuticals, Inc.*		3,082		67,773
TherapeuticsMD, Inc.*(b)		14,933		21,802
Theravance Biopharma, Inc.*		2,905		53,249
Tricida, Inc.*		1,787		18,889
Verrica Pharmaceuticals, Inc.*(b)		788		7,242
WaVe Life Sciences Ltd.*		1,298		16,264
Xeris Pharmaceuticals, Inc.*(b)		2,362		11,113
Zogenix, Inc.*		3,514		83,176
				2,242,601

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Professional Services - 0.9%
Acacia Research Corp.*		3,011		11,427
Akerna Corp.*(b)		569		3,442
ASGN, Inc.*		3,216		230,812
Barrett Business Services, Inc.		471		27,116
BG Staffing, Inc.		583		5,469
CBIZ, Inc.*		3,223		78,383
CRA International, Inc.		477		20,277
Exponent, Inc.		3,246		261,157
Forrester Research, Inc.*		690		24,467
Franklin Covey Co.*		792		15,634
GP Strategies Corp.*		826		7,979
Heidrick & Struggles International, Inc.		1,212		26,216
Huron Consulting Group, Inc.*		1,430		62,033
ICF International, Inc.		1,149		78,488
Insperity, Inc.		2,293		154,479
Kelly Services, Inc., Class A		2,125		40,354
Kforce, Inc.		1,248		42,856
Korn Ferry		3,468		105,774
Mastech Digital, Inc.*		245		4,533
Mistras Group, Inc.*		1,150		5,474
Red Violet, Inc.*(b)		410		8,524
Resources Connection, Inc.		1,930		23,720
TriNet Group, Inc.*		2,602		176,520
TrueBlue, Inc.*		2,262		38,273
Upwork, Inc.*		5,864		89,309
Willdan Group, Inc.*		652		18,373
				1,561,089
Real Estate Management & Development - 0.6%
Altisource Portfolio Solutions SA*		289		3,257
American Realty Investors, Inc.*		70		592
CTO Realty Growth, Inc.		294		12,398
Cushman & Wakefield plc*		6,986		81,107
eXp World Holdings, Inc.*		1,508		67,076
Forestar Group, Inc.*		1,053		18,712
FRP Holdings, Inc.*		424		17,418
Griffin Industrial Realty, Inc.		162		8,615
Kennedy-Wilson Holdings, Inc.		7,729		110,447
Marcus & Millichap, Inc.*		1,471		41,497
Maui Land & Pineapple Co., Inc.*		425		4,956
Newmark Group, Inc., Class A		9,030		40,003
Rafael Holdings, Inc., Class B*		579		10,086
RE/MAX Holdings, Inc., Class A		1,126		39,568
Realogy Holdings Corp.*		7,248		80,308
Redfin Corp.*		6,064		288,464
RMR Group, Inc. (The), Class A		961		27,119
St Joe Co. (The)*		2,075		48,161
Stratus Properties, Inc.*		372		7,291
Tejon Ranch Co.*		1,323		18,932
Transcontinental Realty Investors, Inc.*		85		1,955
				927,962
Road & Rail - 0.5%
ArcBest Corp.		1,591		53,808
Avis Budget Group, Inc.*		3,326		113,450
Covenant Logistics Group, Inc., Class A*		807		14,792
Daseke, Inc.*		2,883		17,731
Heartland Express, Inc.		2,870		59,366
Hertz Global Holdings, Inc.*		5,514		8,050
Marten Transport Ltd.		3,738		67,882
PAM Transportation Services, Inc.*		114		4,161
Saia, Inc.*		1,662		223,040
Universal Logistics Holdings, Inc.		484		10,406
US Xpress Enterprises, Inc., Class A*		1,402		13,417
Werner Enterprises, Inc.		3,850		177,139
				763,242
Semiconductors & Semiconductor Equipment - 2.0%
Advanced Energy Industries, Inc.*		2,400		177,888
Alpha & Omega Semiconductor Ltd.*		1,282		17,371
Ambarella, Inc.*		2,091		110,196
Amkor Technology, Inc.*		6,309		76,938
Atomera, Inc.*(b)		906		11,515
Axcelis Technologies, Inc.*		2,066		48,820
AXT, Inc.*		2,470		13,931
Brooks Automation, Inc.		4,591		237,033
Cabot Microelectronics Corp.		1,834		279,300
CEVA, Inc.*		1,371		57,925
Cohu, Inc.		2,597		44,668
CyberOptics Corp.*		444		14,230
Diodes, Inc.*		2,679		130,896
DSP Group, Inc.*		1,384		19,847
FormFactor, Inc.*		4,822		125,999
GSI Technology, Inc.*		1,028		6,538
Ichor Holdings Ltd.*		1,400		35,224
Impinj, Inc.*		1,063		25,990
Lattice Semiconductor Corp.*		8,499		243,071
MACOM Technology Solutions Holdings, Inc.*		2,970		105,821
Maxeon Solar Technologies Ltd.*(b)		604		12,559
MaxLinear, Inc.*		4,225		102,879
NeoPhotonics Corp.*		3,050		20,313
NVE Corp.		301		16,082
Onto Innovation, Inc.*		2,996		93,595
PDF Solutions, Inc.*		1,826		37,798
Photronics, Inc.*		3,998		40,100
Pixelworks, Inc.*		2,401		5,474
Power Integrations, Inc.		3,726		208,544
Rambus, Inc.*		7,168		96,266
Semtech Corp.*		4,082		239,409
Silicon Laboratories, Inc.*		2,741		280,706
SiTime Corp.*		320		21,082
SMART Global Holdings, Inc.*		895		22,554
SunPower Corp.*(b)		4,835		54,104
Synaptics, Inc.*		2,151		183,545
Ultra Clean Holdings, Inc.*		2,504		61,398
Veeco Instruments, Inc.*		3,076		36,574
				3,316,183
Software - 4.1%
8x8, Inc.*		6,421		108,387
A10 Networks, Inc.*		3,902		33,362
ACI Worldwide, Inc.*		7,239		212,682
Agilysys, Inc.*		1,148		29,125
Alarm.com Holdings, Inc.*		2,862		171,348
Altair Engineering, Inc., Class A*		2,654		111,521
American Software, Inc., Class A		1,892		26,791
Appfolio, Inc., Class A*		1,011		169,878
Appian Corp.*(b)		2,075		127,073
Asure Software, Inc.*		850		5,721
Avaya Holdings Corp.*		5,861		90,963
Benefitfocus, Inc.*		1,833		18,953
Blackbaud, Inc.		3,124		199,467
Blackline, Inc.*		3,170		276,963
Bottomline Technologies DE, Inc.*		2,734		130,220

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares	Value ($)
Box, Inc., Class A*	9,323	183,011
Cerence, Inc.*	2,322	123,530
ChannelAdvisor Corp.*	1,723	28,981
Cloudera, Inc.*	12,948	171,043
CommVault Systems, Inc.*	2,640	114,127
Cornerstone OnDemand, Inc.*	3,831	135,119
Digimarc Corp.*(b)	755	12,065
Digital Turbine, Inc.*	5,207	125,957
Domo, Inc., Class B*	1,610	65,559
Ebix, Inc.(b)	1,667	38,458
eGain Corp.*	1,319	17,648
Envestnet, Inc.*	3,357	278,597
GTY Technology Holdings, Inc.*	2,804	9,155
Intelligent Systems Corp.*	455	17,103
J2 Global, Inc.*	2,928	204,931
LivePerson, Inc.*	3,850	229,691
Majesco*	475	7,595
MicroStrategy, Inc., Class A*	492	71,065
Mimecast Ltd.*	3,566	175,590
Mitek Systems, Inc.*	2,531	32,118
MobileIron, Inc.*	6,085	39,735
Model N, Inc.*	2,155	84,735
OneSpan, Inc.*	2,109	45,449
Park City Group, Inc.*(b)	783	3,884
Ping Identity Holding Corp.*	1,579	54,428
Progress Software Corp.	2,835	107,418
PROS Holdings, Inc.*	2,481	96,759
Q2 Holdings, Inc.*	3,135	305,004
QAD, Inc., Class A	730	33,200
Qualys, Inc.*	2,151	228,307
Rapid7, Inc.*	3,184	205,591
Rimini Street, Inc.*	1,300	5,694
Rosetta Stone, Inc.*	1,478	44,902
Sailpoint Technologies Holdings, Inc.*	5,563	218,237
Sapiens International Corp. NV	1,621	54,368
SeaChange International, Inc.*	1,910	2,559
SecureWorks Corp., Class A*	565	7,305
ShotSpotter, Inc.*	508	15,220
Smith Micro Software, Inc.*(b)	2,116	8,125
Sprout Social, Inc., Class A*	502	19,453
SPS Commerce, Inc.*	2,220	177,334
SVMK, Inc.*	7,537	187,596
Synchronoss Technologies, Inc.*	2,528	11,098
Telenav, Inc.*	2,094	9,611
Tenable Holdings, Inc.*	4,332	163,057
Upland Software, Inc.*	1,444	56,634
Varonis Systems, Inc.*	1,972	243,601
Verint Systems, Inc.*	4,049	192,570
Veritone, Inc.*(b)	1,452	12,008
VirnetX Holding Corp.(b)	4,001	19,885
Workiva, Inc.*	2,427	143,193
Xperi Holding Corp.	6,786	85,029
Yext, Inc.*	6,393	126,965
Zix Corp.*	3,453	20,925
Zuora, Inc., Class A*	6,175	83,918
		6,867,594
Specialty Retail - 2.0%
Aaron's, Inc.	4,261	238,147
Abercrombie & Fitch Co., Class A	3,891	50,622
American Eagle Outfitters, Inc.	9,533	120,211
America's Car-Mart, Inc.*	388	38,994
Asbury Automotive Group, Inc.*	1,217	128,746
At Home Group, Inc.*	3,037	58,037
Bed Bath & Beyond, Inc.*(b)	8,017	97,647
Boot Barn Holdings, Inc.*	1,804	50,927
Buckle, Inc. (The)	1,831	34,313
Caleres, Inc.	2,428	18,963
Camping World Holdings, Inc., Class A	2,073	60,241
Cato Corp. (The), Class A	1,323	10,584
Chico's FAS, Inc.	7,516	9,620
Children's Place, Inc. (The)	894	17,849
Citi Trends, Inc.	688	13,299
Conn's, Inc.*	1,104	14,109
Container Store Group, Inc. (The)*	1,008	4,284
Designer Brands, Inc., Class A	3,898	27,481
Envela Corp.*(b)	491	1,905
Express, Inc.*(b)	4,023	4,466
GameStop Corp., Class A*(b)	3,617	24,162
Genesco, Inc.*	896	17,472
Group 1 Automotive, Inc.	1,100	95,084
GrowGeneration Corp.*(b)	1,816	28,974
Guess?, Inc.	2,762	31,763
Haverty Furniture Cos., Inc.	1,063	22,451
Hibbett Sports, Inc.*	1,042	34,772
Hudson Ltd., Class A*	2,508	18,910
Lithia Motors, Inc., Class A	1,390	346,054
Lumber Liquidators Holdings, Inc.*	1,805	43,302
MarineMax, Inc.*	1,303	38,321
Michaels Cos., Inc. (The)*	4,710	52,988
Monro, Inc.	2,085	96,098
Murphy USA, Inc.*	1,743	235,061
National Vision Holdings, Inc.*	5,082	190,931
ODP Corp. (The)	3,299	77,131
OneWater Marine, Inc., Class A*(b)	294	8,403
Rent-A-Center, Inc.	3,062	94,003
RH*	1,057	349,391
Sally Beauty Holdings, Inc.*	7,129	79,560
Shoe Carnival, Inc.	589	19,366
Signet Jewelers Ltd.	3,297	56,939
Sleep Number Corp.*	1,712	82,176
Sonic Automotive, Inc., Class A	1,508	63,728
Sportsman's Warehouse Holdings, Inc.*	2,705	42,455
Tilly's, Inc., Class A	1,404	8,901
Urban Outfitters, Inc.*	4,361	102,658
Winmark Corp.	185	28,573
Zumiez, Inc.*	1,323	33,975
		3,324,047
Technology Hardware, Storage & Peripherals - 0.1%
3D Systems Corp.*(b)	7,320	40,187
Avid Technology, Inc.*	1,976	16,006
Diebold Nixdorf, Inc.*	4,437	37,005
Eastman Kodak Co.*(b)	976	5,836
Immersion Corp.*	1,122	10,670
Intevac, Inc.*	1,465	8,790
Quantum Corp.*	1,853	10,117
Super Micro Computer, Inc.*	2,810	76,966
		205,577
Textiles, Apparel & Luxury Goods - 0.6%
Crocs, Inc.*	4,220	168,420
Deckers Outdoor Corp.*	1,768	360,442
Fossil Group, Inc.*	2,927	18,835
G-III Apparel Group Ltd.*	2,781	30,758
Kontoor Brands, Inc.	3,255	71,936
Lakeland Industries, Inc.*(b)	483	9,868

Ultra Russell2000
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares	Value ($)
Movado Group, Inc.	994	10,845
Oxford Industries, Inc.	1,037	51,363
Rocky Brands, Inc.	435	10,475
Steven Madden Ltd.	5,209	110,222
Superior Group of Cos., Inc.	680	15,735
Unifi, Inc.*	867	10,603
Vera Bradley, Inc.*	1,300	6,851
Wolverine World Wide, Inc.	5,048	126,099
		1,002,452
Thrifts & Mortgage Finance - 1.2%
Axos Financial, Inc.*	3,653	90,521
Bogota Financial Corp.*(b)	368	2,602
Bridgewater Bancshares, Inc.*	1,392	13,530
Capitol Federal Financial, Inc.	8,387	78,335
Columbia Financial, Inc.*	3,109	33,173
ESSA Bancorp, Inc.	594	7,603
Essent Group Ltd.	6,859	244,866
Federal Agricultural Mortgage Corp., Class C	573	39,050
Flagstar Bancorp, Inc.	2,258	70,946
FS Bancorp, Inc.	242	9,588
Greene County Bancorp, Inc.	193	4,528
Hingham Institution For Savings (The)	89	16,319
Home Bancorp, Inc.	489	11,814
HomeStreet, Inc.	1,449	39,659
Kearny Financial Corp.	4,781	37,101
Luther Burbank Corp.	1,172	10,888
Merchants Bancorp	551	11,229
Meridian Bancorp, Inc.	2,959	34,443
Meta Financial Group, Inc.	2,106	40,604
MMA Capital Holdings, Inc.*	300	7,044
Mr Cooper Group, Inc.*	4,838	88,656
NMI Holdings, Inc., Class A*	4,222	72,407
Northfield Bancorp, Inc.	2,797	27,019
Northwest Bancshares, Inc.	7,409	74,905
Oconee Federal Financial Corp.(b)	67	1,760
OP Bancorp	774	4,721
PCSB Financial Corp.	937	11,881
PDL Community Bancorp*	477	3,869
PennyMac Financial Services, Inc.	2,936	154,786
Pioneer Bancorp, Inc.*	734	5,901
Premier Financial Corp.	2,339	42,745
Provident Bancorp, Inc.	548	4,264
Provident Financial Holdings, Inc.	378	4,502
Provident Financial Services, Inc.	3,847	50,704
Prudential Bancorp, Inc.	545	5,390
Radian Group, Inc.	12,098	186,793
Riverview Bancorp, Inc.	1,368	5,650
Security National Financial Corp., Class A*	605	3,824
Southern Missouri Bancorp, Inc.	487	11,532
Standard AVB Financial Corp.(b)	243	4,483
Sterling Bancorp, Inc.	1,037	3,080
Territorial Bancorp, Inc.	497	10,517
Timberland Bancorp, Inc.	470	8,220
TrustCo Bank Corp.	5,989	35,695
Walker & Dunlop, Inc.	1,786	97,837
Washington Federal, Inc.	4,772	111,903
Waterstone Financial, Inc.	1,434	22,213
Western New England Bancorp, Inc.	1,445	7,398
WSFS Financial Corp.	3,171	92,910
		1,959,408
Tobacco - 0.1%
Turning Point Brands, Inc.	544	15,722
Universal Corp.	1,535	66,634
Vector Group Ltd.	8,528	85,877
		168,233
Trading Companies & Distributors - 1.0%
Alta Equipment Group, Inc.*(b)	1,078	9,001
Applied Industrial Technologies, Inc.	2,442	147,033
Beacon Roofing Supply, Inc.*	3,451	116,954
BMC Stock Holdings, Inc.*	4,248	169,580
CAI International, Inc.*	1,038	22,639
DXP Enterprises, Inc.*	1,037	19,952
EVI Industries, Inc.*(b)	307	7,540
Foundation Building Materials, Inc.*	1,290	20,937
GATX Corp.	2,200	147,136
General Finance Corp.*	667	4,322
GMS, Inc.*	2,633	69,748
H&E Equipment Services, Inc.	2,023	40,986
Herc Holdings, Inc.*	1,538	62,981
Lawson Products, Inc.*	281	10,088
MRC Global, Inc.*	4,968	28,268
Nesco Holdings, Inc.*	841	3,364
NOW, Inc.*	6,924	50,337
Rush Enterprises, Inc., Class A	1,697	81,999
Rush Enterprises, Inc., Class B	281	11,743
SiteOne Landscape Supply, Inc.*	2,777	347,264
Systemax, Inc.	784	17,397
Textainer Group Holdings Ltd.*	3,362	39,470
Titan Machinery, Inc.*	1,205	16,267
Transcat, Inc.*	439	12,911
Triton International Ltd.	3,228	116,402
Veritiv Corp.*	814	14,147
WESCO International, Inc.*	3,102	145,329
Willis Lease Finance Corp.*	184	3,934
		1,737,729
Water Utilities - 0.3%
American States Water Co.	2,331	177,342
Artesian Resources Corp., Class A	508	17,877
Cadiz, Inc.*(b)	1,260	13,180
California Water Service Group	3,080	139,647
Consolidated Water Co. Ltd.	918	11,044
Global Water Resources, Inc.	810	8,950
Middlesex Water Co.	1,078	69,132
Pure Cycle Corp.*	1,227	11,976
SJW Group	1,667	104,237
York Water Co. (The)	819	37,355
		590,740
Wireless Telecommunication Services - 0.1%
Boingo Wireless, Inc.*	2,769	35,969
Gogo, Inc.*(b)	3,629	18,653
Shenandoah Telecommunications Co.	3,046	168,444
Spok Holdings, Inc.	1,120	12,141
		235,207
TOTAL COMMON STOCKS (Cost $111,046,325)		120,868,879

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
PREFERRED STOCKS - 0.0%(d)
Trading Companies & Distributors - 0.0%(d)
WESCO International, Inc., Series A(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 10.33%),  10.63%, 06/22/25*(e)(f) (Cost $80)		3		83

Investments	Number of Rights		Value ($)
RIGHTS - 0.0%
Biotechnology - 0.0%
Oncternal Therapeutics, Inc., CVR*(g)(h)		42		—
Tobira Therapeutics, Inc., CVR*(g)(h)		756		—
				—
Pharmaceuticals - 0.0%
ANI Pharmaceuticals, Inc., CVR, expiring 12/31/2050*(g)(h)		2		—
Omthera Pharmaceuticals, Inc., CVR*(g)(h)		3,327		—
				—
TOTAL RIGHTS (Cost $–)				—

Investments	Shares		Value ($)
SECURITIES LENDING REINVESTMENTS(i) - 2.1%
INVESTMENT COMPANIES - 2.1%
BlackRock Liquidity FedFund, Institutional Class 0.01% (Cost $3,473,102)		3,473,102		3,473,102

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 20.8%
REPURCHASE AGREEMENTS(j) - 20.8%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $34,849,623
(Cost $34,849,561)		34,849,561		34,849,561
Total Investments - 94.8%  (Cost $149,369,068)				159,191,625
Other assets less liabilities - 5.2%				8,680,159
Net Assets - 100.0%				167,871,784

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $8,794,468.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $4,367,374, collateralized in the form of cash with a value of $3,473,102 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $1,015,178 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 8.00%, and maturity dates ranging from September 10, 2020 – May 15, 2050; a total value of $4,488,280.
(c)	Security exempt from registration pursuant to Regulation S under the Securities Act of 1933. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale.
(d)	Represents less than 0.05% of net assets.
(e)	Perpetual security. The rate reflected was the rate in effect on August 31, 2020. The maturity date reflects the next call date.
(f)	Variable or floating rate security, linked to the referenced benchmark. The interest rate shown is the rate in effect as of August 31, 2020.
(g)	Security fair valued as of August 31, 2020 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at August 31, 2020 amounted to $0, which represents approximately 0.00% of net assets of the Fund.
(h)	Illiquid security.
(i)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $3,473,102.
(j)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Abbreviations
CVR	Contingent Value Rights - No defined expiration

Ultra Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Futures Contracts Purchased

Ultra Russell2000 had the following open long futures contracts as of August 31, 2020: 

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
Russell 2000 E-Mini Index		220	9/18/2020	USD	$	17,147,900	$	1,110,798

Swap Agreements

Ultra Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	7,900,948	11/6/2020	Bank of America NA		(0.34	)%	Russell 2000® Index		7,406,956
	39,496,821	11/6/2020	BNP Paribas SA		0.06	%	Russell 2000® Index		(5,987,307	)
	15,590,686	11/6/2020	Citibank NA		0.26	%	Russell 2000® Index		(2,258,298	)
	4,729,373	11/8/2021	Credit Suisse International		0.31	%	Russell 2000® Index		(10,499,701	)
	9,764,874	12/7/2020	Goldman Sachs International		0.36	%	Russell 2000® Index		(308,965	)
	3,739,141	1/6/2021	Morgan Stanley & Co. International plc		(0.20	)%	Russell 2000® Index		(5,047,330	)
	9,435,046	1/6/2021	Morgan Stanley & Co. International plc		0.06	%	iShares® Russell 2000 ETF		747,269
	86,754,625	1/6/2021	Societe Generale		0.36	%	Russell 2000® Index		4,832,731
	20,370,039	11/8/2021	UBS AG		0.16	%	Russell 2000® Index		(2,983,420	)
	197,781,553								(14,098,065	)
							Total Unrealized Appreciation		12,986,956
							Total Unrealized Depreciation		(27,085,021	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Ultra S&P500®

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 75.2%
Aerospace & Defense - 1.2%
Boeing Co. (The)		42,894		7,370,047
General Dynamics Corp.		18,591		2,776,566
Howmet Aerospace, Inc.		30,705		537,952
Huntington Ingalls Industries, Inc.		3,238		490,622
L3Harris Technologies, Inc.		17,272		3,121,741
Lockheed Martin Corp.		19,745		7,705,684
Northrop Grumman Corp.		12,404		4,249,734
Raytheon Technologies Corp.		117,677		7,178,297
Teledyne Technologies, Inc.*		2,933		919,818
Textron, Inc.		18,214		718,178
TransDigm Group, Inc.		4,023		2,010,172
				37,078,811
Air Freight & Logistics - 0.5%
CH Robinson Worldwide, Inc.		10,770		1,058,691
Expeditors International of Washington, Inc.		13,316		1,177,001
FedEx Corp.		19,230		4,227,523
United Parcel Service, Inc., Class B		56,336		9,217,697
				15,680,912
Airlines - 0.2%
Alaska Air Group, Inc.		9,808		382,022
American Airlines Group, Inc.(b)		39,764		518,920
Delta Air Lines, Inc.		45,419		1,401,176
Southwest Airlines Co.		42,913		1,612,670
United Airlines Holdings, Inc.*		20,217		727,812
				4,642,600
Auto Components - 0.1%
Aptiv plc		21,447		1,847,016
BorgWarner, Inc.		16,587		673,266
				2,520,282
Automobiles - 0.2%
Ford Motor Co.*		312,533		2,131,475
General Motors Co.		100,760		2,985,519
				5,116,994
Banks - 2.5%
Bank of America Corp.		624,720		16,080,293
Citigroup, Inc.		166,581		8,515,621
Citizens Financial Group, Inc.		34,134		883,047
Comerica, Inc.		11,124		439,732
Fifth Third Bancorp		56,946		1,176,504
First Republic Bank		13,719		1,549,012
Huntington Bancshares, Inc.		81,147		763,593
JPMorgan Chase & Co.		243,792		24,425,521
KeyCorp		78,042		961,477
M&T Bank Corp.		10,263		1,059,757
People's United Financial, Inc.		33,977		359,477
PNC Financial Services Group, Inc. (The)		33,945		3,774,684
Regions Financial Corp.		76,569		885,138
SVB Financial Group*		4,122		1,052,676
Truist Financial Corp.		107,811		4,184,145
US Bancorp		109,671		3,992,024
Wells Fargo & Co.		298,516		7,209,161
Zions Bancorp NA		13,111		421,650
				77,733,512
Beverages - 1.2%
Brown-Forman Corp., Class B		14,591		1,067,624
Coca-Cola Co. (The)		309,270		15,318,143
Constellation Brands, Inc., Class A		13,438		2,479,042
Molson Coors Beverage Co., Class B		15,046		566,331
Monster Beverage Corp.*		29,912		2,508,420
PepsiCo, Inc.		111,014		15,548,621
				37,488,181
Biotechnology - 1.6%
AbbVie, Inc.		141,005		13,504,049
Alexion Pharmaceuticals, Inc.*		17,668		2,018,039
Amgen, Inc.		47,066		11,922,759
Biogen, Inc.*		13,057		3,755,716
Gilead Sciences, Inc.		100,332		6,697,161
Incyte Corp.*		14,435		1,390,812
Regeneron Pharmaceuticals, Inc.*		8,070		5,002,835
Vertex Pharmaceuticals, Inc.*		20,745		5,790,344
				50,081,715
Building Products - 0.3%
A O Smith Corp.		10,809		529,317
Allegion plc		7,379		762,915
Carrier Global Corp.		65,143		1,944,518
Fortune Brands Home & Security, Inc.		11,178		939,846
Johnson Controls International plc		59,516		2,424,087
Masco Corp.		21,103		1,230,305
Trane Technologies plc		19,139		2,265,866
				10,096,854
Capital Markets - 1.9%
Ameriprise Financial, Inc.		9,788		1,534,758
Bank of New York Mellon Corp. (The)		64,468		2,384,027
BlackRock, Inc.		12,342		7,333,493
Cboe Global Markets, Inc.		8,779		805,825
Charles Schwab Corp. (The)		91,675		3,257,213
CME Group, Inc.		28,690		5,045,710
E*TRADE Financial Corp.		17,686		956,813
Franklin Resources, Inc.		22,192		467,364
Goldman Sachs Group, Inc. (The)		14,755		3,022,857
Intercontinental Exchange, Inc.		43,791		4,651,918
Invesco Ltd.		30,107		307,091
MarketAxess Holdings, Inc.		3,033		1,473,856
Moody's Corp.		12,902		3,801,445
Morgan Stanley		95,812		5,007,135
MSCI, Inc.		6,802		2,538,983
Nasdaq, Inc.		9,189		1,235,185
Northern Trust Corp.		16,646		1,363,141
Raymond James Financial, Inc.		9,758		738,876
S&P Global, Inc.		19,274		7,062,379
State Street Corp.		28,160		1,917,414
T. Rowe Price Group, Inc.		18,206		2,534,457
				57,439,940
Chemicals - 1.3%
Air Products and Chemicals, Inc.		17,671		5,164,527
Albemarle Corp.		8,507		774,222
Celanese Corp.		9,459		956,778
CF Industries Holdings, Inc.		17,106		558,169
Corteva, Inc.		59,877		1,709,488
Dow, Inc.		59,266		2,674,082
DuPont de Nemours, Inc.		58,711		3,273,725
Eastman Chemical Co.		10,873		794,925
Ecolab, Inc.		19,786		3,899,425
FMC Corp.		10,357		1,106,749
International Flavors & Fragrances, Inc.		8,549		1,058,281
Linde plc		42,032		10,497,072

Ultra S&P500®

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
LyondellBasell Industries NV, Class A		20,559		1,346,203
Mosaic Co. (The)		27,899		508,599
PPG Industries, Inc.		18,876		2,272,670
Sherwin-Williams Co. (The)		6,466		4,339,009
				40,933,924
Commercial Services & Supplies - 0.3%
Cintas Corp.		6,743		2,247,037
Copart, Inc.*		16,530		1,707,880
Republic Services, Inc.		16,809		1,558,530
Rollins, Inc.		11,277		621,814
Waste Management, Inc.		31,065		3,541,410
				9,676,671
Communications Equipment - 0.6%
Arista Networks, Inc.*		4,301		961,059
Cisco Systems, Inc.		339,352		14,327,441
F5 Networks, Inc.*		4,872		644,712
Juniper Networks, Inc.		26,511		662,775
Motorola Solutions, Inc.		13,607		2,105,683
				18,701,670
Construction & Engineering - 0.1%
Jacobs Engineering Group, Inc.		10,410		939,711
Quanta Services, Inc.		11,013		564,416
				1,504,127
Construction Materials - 0.1%
Martin Marietta Materials, Inc.		4,980		1,010,293
Vulcan Materials Co.		10,595		1,271,400
				2,281,693
Consumer Finance - 0.3%
American Express Co.		52,813		5,365,273
Capital One Financial Corp.		36,429		2,514,694
Discover Financial Services		24,507		1,300,832
Synchrony Financial		42,966		1,065,986
				10,246,785
Containers & Packaging - 0.2%
Amcor plc		125,970		1,393,228
Avery Dennison Corp.		6,664		768,959
Ball Corp.		26,083		2,096,291
International Paper Co.		31,447		1,140,583
Packaging Corp. of America		7,588		768,209
Sealed Air Corp.		12,454		489,442
Westrock Co.		20,743		629,135
				7,285,847
Distributors - 0.1%
Genuine Parts Co.		11,542		1,090,026
LKQ Corp.*		24,320		771,917
				1,861,943
Diversified Consumer Services - 0.0%(c)
H&R Block, Inc.		15,400		223,300
Diversified Financial Services - 1.1%
Berkshire Hathaway, Inc., Class B*		155,541		33,914,160
Diversified Telecommunication Services - 1.2%
AT&T, Inc.		570,070		16,993,787
CenturyLink, Inc.		79,030		849,572
Verizon Communications, Inc.		331,080		19,623,112
				37,466,471
Electric Utilities - 1.3%
Alliant Energy Corp.		19,963		1,080,997
American Electric Power Co., Inc.		39,651		3,125,688
Duke Energy Corp.		58,795		4,723,590
Edison International		30,239		1,586,943
Entergy Corp.		16,015		1,587,727
Evergy, Inc.		18,141		965,464
Eversource Energy		26,916		2,306,970
Exelon Corp.		77,962		2,877,577
FirstEnergy Corp.		43,346		1,239,262
NextEra Energy, Inc.		39,161		10,932,576
NRG Energy, Inc.		19,529		671,993
Pinnacle West Capital Corp.		9,001		660,223
PPL Corp.		61,509		1,699,494
Southern Co. (The)		84,487		4,408,532
Xcel Energy, Inc.		42,001		2,918,020
				40,785,056
Electrical Equipment - 0.3%
AMETEK, Inc.		18,357		1,848,550
Eaton Corp. plc		32,004		3,267,608
Emerson Electric Co.		47,804		3,320,944
Rockwell Automation, Inc.		9,267		2,136,322
				10,573,424
Electronic Equipment, Instruments & Components - 0.4%
Amphenol Corp., Class A		23,674		2,599,405
CDW Corp.		11,387		1,294,133
Corning, Inc.		60,727		1,971,198
FLIR Systems, Inc.		10,471		386,380
IPG Photonics Corp.*		2,843		459,798
Keysight Technologies, Inc.*		14,965		1,474,352
TE Connectivity Ltd.		26,391		2,549,371
Zebra Technologies Corp., Class A*		4,248		1,217,179
				11,951,816
Energy Equipment & Services - 0.2%
Baker Hughes Co.		52,409		748,401
Halliburton Co.		70,191		1,135,690
National Oilwell Varco, Inc.		31,062		372,744
Schlumberger NV		111,039		2,110,851
TechnipFMC plc		33,652		259,121
				4,626,807
Entertainment - 1.6%
Activision Blizzard, Inc.		61,646		5,148,674
Electronic Arts, Inc.*		23,098		3,221,478
Live Nation Entertainment, Inc.*		11,367		645,646
Netflix, Inc.*		35,189		18,634,687
Take-Two Interactive Software, Inc.*		9,117		1,560,739
Walt Disney Co. (The)*		144,519		19,057,720
				48,268,944
Equity Real Estate Investment Trusts (REITs) - 1.9%
Alexandria Real Estate Equities, Inc.		10,097		1,700,133
American Tower Corp.		35,469		8,837,101
Apartment Investment and Management Co., Class A		11,911		429,153
AvalonBay Communities, Inc.		11,260		1,779,756
Boston Properties, Inc.		11,561		1,004,304
Crown Castle International Corp.		33,344		5,443,408
Digital Realty Trust, Inc.		21,468		3,341,494
Duke Realty Corp.		29,474		1,136,223
Equinix, Inc.		7,082		5,593,222
Equity Residential		27,987		1,579,866
Essex Property Trust, Inc.		5,234		1,133,213
Extra Space Storage, Inc.		10,328		1,100,448
Federal Realty Investment Trust		5,628		445,963
Healthpeak Properties, Inc.		43,067		1,190,372
Host Hotels & Resorts, Inc.		56,404		633,417

Ultra S&P500®

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Iron Mountain, Inc.		23,033		693,063
Kimco Realty Corp.		34,606		414,926
Mid-America Apartment Communities, Inc.		9,149		1,071,531
Prologis, Inc.		59,094		6,019,315
Public Storage		12,027		2,554,535
Realty Income Corp.		27,477		1,704,398
Regency Centers Corp.		13,572		538,944
SBA Communications Corp.		8,931		2,733,511
Simon Property Group, Inc.		24,463		1,659,815
SL Green Realty Corp.		6,124		286,358
UDR, Inc.		23,594		821,307
Ventas, Inc.		29,857		1,230,407
Vornado Realty Trust		12,691		454,719
Welltower, Inc.		33,402		1,921,283
Weyerhaeuser Co.		59,704		1,809,628
				59,261,813
Food & Staples Retailing - 1.1%
Costco Wholesale Corp.		35,326		12,281,437
Kroger Co. (The)		62,903		2,244,379
Sysco Corp.		40,614		2,442,526
Walgreens Boots Alliance, Inc.		58,956		2,241,507
Walmart, Inc.		113,292		15,730,594
				34,940,443
Food Products - 0.8%
Archer-Daniels-Midland Co.		44,445		1,989,358
Campbell Soup Co.		13,539		712,287
Conagra Brands, Inc.		38,971		1,494,928
General Mills, Inc.		48,497		3,101,383
Hershey Co. (The)		11,793		1,752,912
Hormel Foods Corp.		22,423		1,143,125
J M Smucker Co. (The)		9,124		1,096,522
Kellogg Co.		20,014		1,419,193
Kraft Heinz Co. (The)		49,857		1,746,989
Lamb Weston Holdings, Inc.		11,685		734,402
McCormick & Co., Inc. (Non-Voting)		9,892		2,039,730
Mondelez International, Inc., Class A		114,211		6,672,207
Tyson Foods, Inc., Class A		23,548		1,478,814
				25,381,850
Gas Utilities - 0.0%(c)
Atmos Energy Corp.		9,786		976,839
Health Care Equipment & Supplies - 2.9%
Abbott Laboratories		141,525		15,492,742
ABIOMED, Inc.*		3,597		1,106,509
Align Technology, Inc.*		5,735		1,703,180
Baxter International, Inc.		40,712		3,544,794
Becton Dickinson and Co.		23,593		5,727,673
Boston Scientific Corp.*		114,309		4,688,955
Cooper Cos., Inc. (The)		3,931		1,235,828
Danaher Corp.		50,346		10,394,939
DENTSPLY SIRONA, Inc.		17,529		786,526
DexCom, Inc.*		7,385		3,141,653
Edwards Lifesciences Corp.*		49,579		4,255,861
Hologic, Inc.*		20,659		1,233,755
IDEXX Laboratories, Inc.*		6,795		2,657,253
Intuitive Surgical, Inc.*		9,331		6,819,468
Medtronic plc		107,299		11,531,424
ResMed, Inc.		11,575		2,092,529
STERIS plc		6,797		1,085,073
Stryker Corp.		25,791		5,110,745
Teleflex, Inc.		3,714		1,459,416
Varian Medical Systems, Inc.*		7,266		1,261,886
West Pharmaceutical Services, Inc.		5,889		1,672,240
Zimmer Biomet Holdings, Inc.		16,546		2,331,000
				89,333,449
Health Care Providers & Services - 2.0%
AmerisourceBergen Corp.		11,880		1,152,716
Anthem, Inc.		20,172		5,678,821
Cardinal Health, Inc.		23,357		1,185,601
Centene Corp.*		46,336		2,841,324
Cigna Corp.		29,522		5,236,317
CVS Health Corp.		104,580		6,496,510
DaVita, Inc.*		6,822		591,877
HCA Healthcare, Inc.		21,070		2,859,620
Henry Schein, Inc.*		11,422		758,878
Humana, Inc.		10,578		4,391,668
Laboratory Corp. of America Holdings*		7,777		1,366,808
McKesson Corp.		12,950		1,987,048
Quest Diagnostics, Inc.		10,700		1,190,268
UnitedHealth Group, Inc.		75,880		23,716,294
Universal Health Services, Inc., Class B		6,214		685,715
				60,139,465
Health Care Technology - 0.1%
Cerner Corp.		24,351		1,786,633
Hotels, Restaurants & Leisure - 1.2%
Carnival Corp.		37,905		624,674
Chipotle Mexican Grill, Inc.*		2,053		2,690,005
Darden Restaurants, Inc.		10,392		900,674
Domino's Pizza, Inc.		3,130		1,280,045
Hilton Worldwide Holdings, Inc.		22,184		2,004,546
Las Vegas Sands Corp.		26,887		1,363,440
Marriott International, Inc., Class A		21,533		2,215,961
McDonald's Corp.		59,492		12,702,732
MGM Resorts International		39,462		887,895
Norwegian Cruise Line Holdings Ltd.*(b)		21,844		373,751
Royal Caribbean Cruises Ltd.		13,737		945,655
Starbucks Corp.		93,459		7,894,482
Wynn Resorts Ltd.		7,767		679,224
Yum! Brands, Inc.		24,082		2,308,260
				36,871,344
Household Durables - 0.3%
DR Horton, Inc.		26,469		1,889,093
Garmin Ltd.		11,615		1,203,430
Leggett & Platt, Inc.		10,585		433,985
Lennar Corp., Class A		21,972		1,643,945
Mohawk Industries, Inc.*		4,760		439,491
Newell Brands, Inc.		30,539		488,013
NVR, Inc.*		277		1,154,630
PulteGroup, Inc.		20,167		899,247
Whirlpool Corp.		4,974		883,979
				9,035,813
Household Products - 1.3%
Church & Dwight Co., Inc.		19,674		1,885,359
Clorox Co. (The)		10,009		2,237,012
Colgate-Palmolive Co.		68,531		5,431,767
Kimberly-Clark Corp.		27,247		4,298,487
Procter & Gamble Co. (The)		198,076		27,399,853
				41,252,478

Ultra S&P500®

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Independent Power and Renewable Electricity Producers - 0.0%(c)
AES Corp. (The)		53,199		944,282
Industrial Conglomerates - 0.8%
3M Co.		46,021		7,502,344
General Electric Co.		699,298		4,433,549
Honeywell International, Inc.		56,155		9,296,460
Roper Technologies, Inc.		8,353		3,568,318
				24,800,671
Insurance - 1.4%
Aflac, Inc.		57,408		2,085,059
Allstate Corp. (The)		25,132		2,337,276
American International Group, Inc.		68,912		2,008,096
Aon plc, Class A		18,489		3,697,615
Arthur J Gallagher & Co.		15,172		1,597,612
Assurant, Inc.		4,773		580,206
Chubb Ltd.		36,113		4,514,125
Cincinnati Financial Corp.		12,073		958,717
Everest Re Group Ltd.		3,199		704,036
Globe Life, Inc.		7,835		646,231
Hartford Financial Services Group, Inc. (The)		28,650		1,158,892
Lincoln National Corp.		15,460		557,333
Loews Corp.		19,365		694,429
Marsh & McLennan Cos., Inc.		40,823		4,690,971
MetLife, Inc.		61,724		2,373,905
Principal Financial Group, Inc.		20,373		857,907
Progressive Corp. (The)		46,830		4,450,723
Prudential Financial, Inc.		31,604		2,141,803
Travelers Cos., Inc. (The)		20,229		2,347,373
Unum Group		16,276		300,780
W R Berkley Corp.		11,297		700,979
Willis Towers Watson plc		10,300		2,116,959
				41,521,027
Interactive Media & Services - 4.4%
Alphabet, Inc., Class A*		24,007		39,120,127
Alphabet, Inc., Class C*		23,400		38,239,812
Facebook, Inc., Class A*		192,388		56,408,162
Twitter, Inc.*		62,778		2,547,531
				136,315,632
Internet & Direct Marketing Retail - 4.1%
Amazon.com, Inc.*		33,522		115,683,081
Booking Holdings, Inc.*		3,275		6,256,724
eBay, Inc.		52,848		2,895,013
Expedia Group, Inc.		10,838		1,063,750
				125,898,568
IT Services - 4.2%
Accenture plc, Class A		50,981		12,231,871
Akamai Technologies, Inc.*		12,984		1,511,727
Automatic Data Processing, Inc.		34,386		4,782,749
Broadridge Financial Solutions, Inc.		9,186		1,262,156
Cognizant Technology Solutions Corp., Class A		43,252		2,891,829
DXC Technology Co.		20,303		405,654
Fidelity National Information Services, Inc.		49,433		7,456,968
Fiserv, Inc.*		44,995		4,480,602
FleetCor Technologies, Inc.*		6,705		1,685,972
Gartner, Inc.*		7,135		926,266
Global Payments, Inc.		23,931		4,226,693
International Business Machines Corp.		71,040		8,759,942
Jack Henry & Associates, Inc.		6,130		1,014,025
Leidos Holdings, Inc.		10,683		966,705
Mastercard, Inc., Class A		70,713		25,328,689
Paychex, Inc.		25,544		1,953,350
PayPal Holdings, Inc.*		93,935		19,175,891
VeriSign, Inc.*		8,135		1,747,398
Visa, Inc., Class A		134,985		28,615,470
Western Union Co. (The)		32,876		775,545
				130,199,502
Leisure Products - 0.0%(c)
Hasbro, Inc.		10,195		804,793
Life Sciences Tools & Services - 0.9%
Agilent Technologies, Inc.		24,705		2,480,876
Bio-Rad Laboratories, Inc., Class A*		1,710		869,689
Illumina, Inc.*		11,761		4,201,264
IQVIA Holdings, Inc.*		14,209		2,326,724
Mettler-Toledo International, Inc.*		1,913		1,857,102
PerkinElmer, Inc.		8,912		1,049,121
Thermo Fisher Scientific, Inc.		31,600		13,555,768
Waters Corp.*		4,953		1,071,136
				27,411,680
Machinery - 1.2%
Caterpillar, Inc.		43,304		6,162,592
Cummins, Inc.		11,804		2,446,379
Deere & Co.		25,032		5,258,222
Dover Corp.		11,517		1,265,027
Flowserve Corp.		10,411		308,999
Fortive Corp.		23,718		1,710,305
IDEX Corp.		6,032		1,087,147
Illinois Tool Works, Inc.		23,003		4,544,243
Ingersoll Rand, Inc.*		27,665		969,935
Otis Worldwide Corp.		32,572		2,048,779
PACCAR, Inc.		27,662		2,374,506
Parker-Hannifin Corp.		10,270		2,115,723
Pentair plc		13,260		598,556
Snap-on, Inc.		4,349		644,826
Stanley Black & Decker, Inc.		12,332		1,989,152
Westinghouse Air Brake Technologies Corp.		14,464		962,579
Xylem, Inc.		14,395		1,154,191
				35,641,161
Media - 1.0%
Charter Communications, Inc., Class A*		12,059		7,423,641
Comcast Corp., Class A		364,422		16,329,750
Discovery, Inc., Class A*(b)		12,803		282,498
Discovery, Inc., Class C*		25,311		505,461
DISH Network Corp., Class A*		20,575		730,824
Fox Corp., Class A		27,415		763,782
Fox Corp., Class B		12,744		354,283
Interpublic Group of Cos., Inc. (The)		31,173		553,633
News Corp., Class A		31,112		470,413
News Corp., Class B		9,743		146,827
Omnicom Group, Inc.		17,145		927,373
ViacomCBS, Inc.		43,252		1,204,568
				29,693,053
Metals & Mining - 0.2%
Freeport-McMoRan, Inc.		116,172		1,813,445
Newmont Corp.		64,215		4,320,385

Ultra S&P500®

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Nucor Corp.		24,094		1,095,313
				7,229,143
Multiline Retail - 0.4%
Dollar General Corp.		20,140		4,065,863
Dollar Tree, Inc.*		18,981		1,827,301
Kohl's Corp.		12,621		269,585
Target Corp.		40,006		6,049,307
				12,212,056
Multi-Utilities - 0.7%
Ameren Corp.		19,754		1,562,739
CenterPoint Energy, Inc.		43,581		874,671
CMS Energy Corp.		22,900		1,385,221
Consolidated Edison, Inc.		26,731		1,906,990
Dominion Energy, Inc.		67,131		5,265,756
DTE Energy Co.		15,411		1,828,823
NiSource, Inc.		30,628		678,716
Public Service Enterprise Group, Inc.		40,455		2,113,369
Sempra Energy		23,406		2,894,152
WEC Energy Group, Inc.		25,238		2,374,391
				20,884,828
Oil, Gas & Consumable Fuels - 1.6%
Apache Corp.		30,198		446,930
Cabot Oil & Gas Corp.		31,890		604,953
Chevron Corp.		149,377		12,537,212
Concho Resources, Inc.		15,738		818,061
ConocoPhillips		85,804		3,251,114
Devon Energy Corp.		30,620		332,839
Diamondback Energy, Inc.		12,627		491,948
EOG Resources, Inc.		46,569		2,111,438
Exxon Mobil Corp.		338,298		13,511,622
Hess Corp.		20,888		961,684
HollyFrontier Corp.		11,916		284,435
Kinder Morgan, Inc.		155,609		2,150,516
Marathon Oil Corp.		63,233		333,870
Marathon Petroleum Corp.		52,027		1,844,877
Noble Energy, Inc.		38,381		381,891
Occidental Petroleum Corp.		72,010		917,407
ONEOK, Inc.		35,197		967,214
Phillips 66		34,938		2,042,825
Pioneer Natural Resources Co.		13,191		1,370,941
Valero Energy Corp.		32,620		1,715,486
Williams Cos., Inc. (The)		97,068		2,015,132
				49,092,395
Personal Products - 0.1%
Coty, Inc., Class A		23,778		85,125
Estee Lauder Cos., Inc. (The), Class A		17,983		3,987,191
				4,072,316
Pharmaceuticals - 3.1%
Bristol-Myers Squibb Co.		181,037		11,260,502
Eli Lilly and Co.		67,384		9,999,112
Johnson & Johnson		210,793		32,337,754
Merck & Co., Inc.		201,953		17,220,532
Mylan NV*		41,361		677,493
Perrigo Co. plc		10,906		570,384
Pfizer, Inc.		444,441		16,795,425
Zoetis, Inc.		38,000		6,083,800
				94,945,002
Professional Services - 0.2%
Equifax, Inc.		9,712		1,634,238
IHS Markit Ltd.		31,917		2,550,807
Nielsen Holdings plc		28,522		435,816
Robert Half International, Inc.		9,169		487,791
Verisk Analytics, Inc.		12,982		2,423,350
				7,532,002
Real Estate Management & Development - 0.0%(c)
CBRE Group, Inc., Class A*		26,817		1,261,203
Road & Rail - 0.8%
CSX Corp.		61,245		4,682,793
JB Hunt Transport Services, Inc.		6,750		948,645
Kansas City Southern		7,603		1,384,050
Norfolk Southern Corp.		20,497		4,356,227
Old Dominion Freight Line, Inc.		7,550		1,526,459
Union Pacific Corp.		54,292		10,447,953
				23,346,127
Semiconductors & Semiconductor Equipment - 3.6%
Advanced Micro Devices, Inc.*		93,707		8,510,470
Analog Devices, Inc.		29,478		3,445,388
Applied Materials, Inc.		73,327		4,516,943
Broadcom, Inc.		31,987		11,104,287
Intel Corp.		338,761		17,259,873
KLA Corp.		12,405		2,544,762
Lam Research Corp.		11,614		3,906,253
Maxim Integrated Products, Inc.		21,333		1,460,030
Microchip Technology, Inc.		19,629		2,153,301
Micron Technology, Inc.*		89,015		4,051,073
NVIDIA Corp.		49,217		26,330,111
Qorvo, Inc.*		9,180		1,177,518
QUALCOMM, Inc.		90,005		10,719,595
Skyworks Solutions, Inc.		13,349		1,933,603
Texas Instruments, Inc.		73,431		10,438,217
Xilinx, Inc.		19,455		2,026,433
				111,577,857
Software - 7.1%
Adobe, Inc.*		38,549		19,790,671
ANSYS, Inc.*		6,874		2,330,355
Autodesk, Inc.*		17,538		4,309,087
Cadence Design Systems, Inc.*		22,338		2,477,507
Citrix Systems, Inc.		9,285		1,348,182
Fortinet, Inc.*		10,735		1,417,074
Intuit, Inc.		20,864		7,206,217
Microsoft Corp.		606,803		136,852,280
NortonLifeLock, Inc.		43,358		1,019,780
Oracle Corp.		166,530		9,528,847
Paycom Software, Inc.*		3,860		1,155,916
salesforce.com, Inc.*		72,089		19,655,066
ServiceNow, Inc.*		15,258		7,354,661
Synopsys, Inc.*		12,065		2,669,984
Tyler Technologies, Inc.*		3,181		1,098,431
				218,214,058
Specialty Retail - 1.8%
Advance Auto Parts, Inc.		5,529		864,238
AutoZone, Inc.*		1,868		2,234,707
Best Buy Co., Inc.		18,187		2,017,120
CarMax, Inc.*		13,021		1,392,336
Gap, Inc. (The)		17,032		296,186
Home Depot, Inc. (The)		86,052		24,528,262
L Brands, Inc.		18,672		548,957
Lowe's Cos., Inc.		60,408		9,948,593
O'Reilly Automotive, Inc.*		5,939		2,765,377
Ross Stores, Inc.*		28,434		2,589,769
Tiffany & Co.		8,738		1,070,405
TJX Cos., Inc. (The)		95,842		5,251,183
Tractor Supply Co.		9,252		1,376,975

Ultra S&P500®

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Ulta Beauty, Inc.*		4,506		1,046,203
				55,930,311
Technology Hardware, Storage & Peripherals - 5.7%
Apple, Inc.		1,303,727		168,232,931
Hewlett Packard Enterprise Co.		102,793		994,008
HP, Inc.		114,411		2,236,735
NetApp, Inc.		17,700		838,803
Seagate Technology plc		18,069		867,131
Western Digital Corp.		23,988		921,619
Xerox Holdings Corp.		14,652		276,337
				174,367,564
Textiles, Apparel & Luxury Goods - 0.5%
Hanesbrands, Inc.		27,846		425,765
NIKE, Inc., Class B		99,213		11,100,943
PVH Corp.		5,676		316,494
Ralph Lauren Corp.		3,823		263,137
Tapestry, Inc.		22,091		325,400
Under Armour, Inc., Class A*		15,078		147,915
Under Armour, Inc., Class C*		15,723		139,149
VF Corp.		25,512		1,677,414
				14,396,217
Tobacco - 0.5%
Altria Group, Inc.		148,688		6,503,613
Philip Morris International, Inc.		124,586		9,940,717
				16,444,330
Trading Companies & Distributors - 0.2%
Fastenal Co.		45,831		2,239,303
United Rentals, Inc.*		5,765		1,020,693
WW Grainger, Inc.		3,465		1,266,215
				4,526,211
Water Utilities - 0.1%
American Water Works Co., Inc.		14,484		2,047,169
Wireless Telecommunication Services - 0.2%
T-Mobile US, Inc.*		46,581		5,435,071
TOTAL COMMON STOCKS (Cost $2,164,056,353)				2,313,906,795
SECURITIES LENDING REINVESTMENTS(d) - 0.0%(c)
INVESTMENT COMPANIES - 0.0%(c)
BlackRock Liquidity FedFund, Institutional Class 0.01% (Cost $422,100)		422,100		422,100

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 8.6%
REPURCHASE AGREEMENTS(e) - 0.5%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $14,230,724
(Cost $14,230,700)		14,230,700		14,230,700

Investments	Principal Amount ($)		Value ($)
U.S. TREASURY OBLIGATIONS - 8.1%
U.S. Treasury Bills
0.06%, 9/24/2020(f)		50,000,000		49,997,764
0.15%, 11/12/2020(f)		200,000,000		199,966,000
TOTAL U.S. TREASURY OBLIGATIONS (Cost $249,939,683)				249,963,764
TOTAL SHORT-TERM INVESTMENTS (Cost $264,170,383)				264,194,464
Total Investments - 83.8%  (Cost $2,428,648,836)				2,578,523,359
Other assets less liabilities - 16.2%				498,595,810
Net Assets - 100.0%				3,077,119,169

Ultra S&P500®

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $650,848,707.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $729,495, collateralized in the form of cash with a value of $422,100 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $355,526 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 3.88%, and maturity dates ranging from September 10, 2020 – February 15, 2049; a total value of $777,626.
(c)	Represents less than 0.05% of net assets.
(d)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $422,100.
(e)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(f)	The rate shown was the current yield as of August 31, 2020.

Futures Contracts Purchased

Ultra S&P500® had the following open long futures contracts as of August 31, 2020:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
S&P 500 E-Mini Index		842	9/18/2020	USD	$	147,034,250	$	18,843,265

Swap Agreements

Ultra S&P500® had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	sCounterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	745,767,462	12/7/2020	Bank of America NA		(0.44	)%	S&P 500®		72,015,148
	453,381,153	11/8/2021	BNP Paribas SA		0.71	%	S&P 500®		19,892,108
	93,185,253	11/6/2020	Citibank NA		0.41	%	S&P 500®		(62,232,966	)
	459,951,235	11/8/2021	Credit Suisse International		0.41	%	S&P 500®		48,931,455
	212,160,790	3/8/2021	Goldman Sachs International		0.66	%	S&P 500®		89,238,159
	814,997,013	12/7/2020	Goldman Sachs International		0.56	%	SPDR® S&P 500® ETF Trust		159,213,276
	37,995,865	11/8/2021	Morgan Stanley & Co. International plc		0.17	%	S&P 500®		4,368,766
	465,051,187	1/6/2021	Societe Generale		0.41	%	S&P 500®		51,381,092
	410,698,845	11/6/2020	UBS AG		0.66	%	S&P 500®		48,636,314
	3,693,188,803								431,443,352
							Total Unrealized Appreciation		493,676,318
							Total Unrealized Depreciation		(62,232,966	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

Ultra Semiconductors

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 59.0%
Communications Equipment - 0.0%(b)
InterDigital, Inc.		1,095		66,959
Semiconductors & Semiconductor Equipment - 59.0%
Advanced Micro Devices, Inc.*		41,714		3,788,465
Analog Devices, Inc.		13,121		1,533,582
Applied Materials, Inc.		32,641		2,010,686
Broadcom, Inc.		14,237		4,942,375
Cirrus Logic, Inc.*		2,077		125,845
Cree, Inc.*		3,851		242,998
Entegris, Inc.		4,795		320,737
Intel Corp.		150,797		7,683,107
KLA Corp.		5,520		1,132,373
Lam Research Corp.		5,168		1,738,205
Marvell Technology Group Ltd.		23,619		915,945
Maxim Integrated Products, Inc.		9,495		649,838
Microchip Technology, Inc.		8,734		958,120
Micron Technology, Inc.*		39,610		1,802,651
MKS Instruments, Inc.		1,953		233,442
Monolithic Power Systems, Inc.		1,482		395,887
NVIDIA Corp.		21,909		11,720,878
NXP Semiconductors NV		9,939		1,249,929
ON Semiconductor Corp.*		14,605		312,109
Qorvo, Inc.*		4,087		524,239
QUALCOMM, Inc.		40,064		4,771,622
Semtech Corp.*		2,321		136,127
Silicon Laboratories, Inc.*		1,558		159,555
Skyworks Solutions, Inc.		5,941		860,554
Teradyne, Inc.		5,903		501,578
Texas Instruments, Inc.		32,689		4,646,741
Universal Display Corp.		1,510		265,005
Xilinx, Inc.		8,662		902,234
				54,524,827
TOTAL COMMON STOCKS (Cost $41,668,715)				54,591,786

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 17.7%
REPURCHASE AGREEMENTS(c) - 17.7%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $16,317,416 (Cost $16,317,385)		16,317,385		16,317,385
Total Investments - 76.7%  (Cost $57,986,100)				70,909,171
Other assets less liabilities - 23.3%				21,519,235
Net Assets - 100.0%				92,428,406

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $5,911,566.
(b)	Represents less than 0.05% of net assets.
(c)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Semiconductors

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Swap Agreements

Ultra Semiconductors had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
42,707,874	12/7/2020	Bank of America NA		0.46	%	Dow Jones U.S. SemiconductorsSM Indexc		6,227,722
14,939,357	11/8/2021	Credit Suisse International		0.41	%	Dow Jones U.S. SemiconductorsSM Indexc		1,485,834
16,215,771	1/6/2021	Morgan Stanley & Co. International plc		0.56	%	Dow Jones U.S. SemiconductorsSM Indexc		2,059,633
48,556,901	1/6/2021	Societe Generale		0.91	%	Dow Jones U.S. SemiconductorsSM Indexc		11,778,702
7,929,719	11/8/2021	UBS AG		0.51	%	Dow Jones U.S. SemiconductorsSM Indexc		(3,920,573	)
130,349,622								17,631,318
						Total Unrealized Appreciation		21,551,891
						Total Unrealized Depreciation		(3,920,573	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

^c See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 71.7%
Aerospace & Defense - 1.1%
AAR Corp.		601		12,128
Aerojet Rocketdyne Holdings, Inc.*		1,317		54,484
AeroVironment, Inc.*		394		30,098
Cubic Corp.		570		26,836
Kaman Corp.		504		23,310
Moog, Inc., Class A		547		32,979
National Presto Industries, Inc.		92		8,273
Park Aerospace Corp.		355		3,937
Triumph Group, Inc.		945		6,832
				198,877
Air Freight & Logistics - 0.6%
Atlas Air Worldwide Holdings, Inc.*		476		26,842
Echo Global Logistics, Inc.*		485		13,250
Forward Air Corp.		510		30,085
Hub Group, Inc., Class A*		611		32,896
				103,073
Airlines - 0.4%
Allegiant Travel Co.		239		30,736
Hawaiian Holdings, Inc.		837		11,249
SkyWest, Inc.		914		30,756
				72,741
Auto Components - 1.6%
American Axle & Manufacturing Holdings, Inc.*		2,063		16,050
Cooper Tire & Rubber Co.		916		31,666
Cooper-Standard Holdings, Inc.*		308		5,581
Dorman Products, Inc.*		526		44,547
Fox Factory Holding Corp.*		747		75,305
Garrett Motion, Inc.*		1,374		3,778
Gentherm, Inc.*		594		26,867
LCI Industries		458		52,043
Motorcar Parts of America, Inc.*		346		6,024
Standard Motor Products, Inc.		366		16,631
				278,492
Automobiles - 0.2%
Winnebago Industries, Inc.		614		33,144
Banks - 5.7%
Allegiance Bancshares, Inc.		342		8,694
Ameris Bancorp		1,190		29,179
Banc of California, Inc.		806		8,858
BancFirst Corp.		327		14,388
BankUnited, Inc.		1,688		39,465
Banner Corp.		641		23,153
Berkshire Hills Bancorp, Inc.		787		7,225
Boston Private Financial Holdings, Inc.		1,491		8,856
Brookline Bancorp, Inc.		1,438		13,805
Cadence Bancorp		2,298		21,831
Central Pacific Financial Corp.		512		7,931
City Holding Co.		294		18,810
Columbia Banking System, Inc.		1,304		36,395
Community Bank System, Inc.		949		57,101
Customers Bancorp, Inc.*		528		6,743
CVB Financial Corp.		2,346		42,721
Dime Community Bancshares, Inc.		522		6,734
Eagle Bancorp, Inc.		587		16,894
FB Financial Corp.		560		15,120
First Bancorp/PR		3,976		22,782
First Commonwealth Financial Corp.		1,790		14,678
First Financial Bancorp		1,785		24,490
First Hawaiian, Inc.		2,366		39,110
First Midwest Bancorp, Inc.		2,081		25,929
Great Western Bancorp, Inc.		1,003		13,972
Hanmi Financial Corp.		558		5,318
Heritage Financial Corp.		654		13,041
Hope Bancorp, Inc.		2,245		18,993
Independent Bank Corp.		601		37,773
Independent Bank Group, Inc.		667		31,015
National Bank Holdings Corp., Class A		557		15,841
NBT Bancorp, Inc.		794		24,193
OFG Bancorp		936		12,018
Old National Bancorp		3,003		41,982
Pacific Premier Bancorp, Inc.		1,473		33,275
Park National Corp.		258		23,197
Preferred Bank		247		9,238
S&T Bancorp, Inc.		694		14,015
Seacoast Banking Corp. of Florida*		961		19,451
ServisFirst Bancshares, Inc.		844		30,933
Simmons First National Corp., Class A		1,986		33,901
Southside Bancshares, Inc.		566		15,596
Tompkins Financial Corp.		223		14,758
Triumph Bancorp, Inc.*		404		11,538
United Community Banks, Inc.		1,428		25,875
Veritex Holdings, Inc.		831		14,941
Westamerica Bancorp		491		29,882
				1,001,638
Beverages - 0.3%
Coca-Cola Consolidated, Inc.		85		23,230
MGP Ingredients, Inc.		240		8,532
National Beverage Corp.*(b)		212		17,240
				49,002
Biotechnology - 1.6%
Anika Therapeutics, Inc.*		259		9,927
Coherus Biosciences, Inc.*		1,111		21,076
Cytokinetics, Inc.*		1,217		29,159
Eagle Pharmaceuticals, Inc.*		185		7,341
Enanta Pharmaceuticals, Inc.*		295		15,396
Momenta Pharmaceuticals, Inc.*		2,145		111,905
Myriad Genetics, Inc.*		1,360		18,183
REGENXBIO, Inc.*		577		17,610
Spectrum Pharmaceuticals, Inc.*		2,092		8,807
Vanda Pharmaceuticals, Inc.*		989		10,177
Xencor, Inc.*		904		32,318
				281,899
Building Products - 2.0%
AAON, Inc.		740		42,128
American Woodmark Corp.*		284		24,850
Apogee Enterprises, Inc.		480		10,046
Gibraltar Industries, Inc.*		591		36,905
Griffon Corp.		929		20,187
Insteel Industries, Inc.		333		6,141
Patrick Industries, Inc.		403		22,653
PGT Innovations, Inc.*		1,074		19,472
Quanex Building Products Corp.		598		10,052
Resideo Technologies, Inc.*		2,244		29,980
Simpson Manufacturing Co., Inc.		721		70,903

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
UFP Industries, Inc.		1,114		66,116
				359,433
Capital Markets - 0.7%
Blucora, Inc.*		872		10,403
Brightsphere Investment Group, Inc.		1,136		15,745
Donnelley Financial Solutions, Inc.*		559		6,093
Greenhill & Co., Inc.		267		2,996
Piper Sandler Cos.		264		19,919
StoneX Group, Inc.*		298		16,897
Virtus Investment Partners, Inc.		132		18,731
Waddell & Reed Financial, Inc., Class A		1,196		18,837
WisdomTree Investments, Inc.		2,167		8,104
				117,725
Chemicals - 2.1%
AdvanSix, Inc.*		510		6,492
American Vanguard Corp.		484		6,849
Balchem Corp.		589		57,545
Ferro Corp.*		1,499		18,693
FutureFuel Corp.		470		5,687
GCP Applied Technologies, Inc.*		983		25,617
Hawkins, Inc.		172		8,638
HB Fuller Co.		937		45,135
Innospec, Inc.		448		33,461
Koppers Holdings, Inc.*		382		9,191
Kraton Corp.*		581		8,157
Livent Corp.*		2,664		22,591
Quaker Chemical Corp.		236		44,840
Rayonier Advanced Materials, Inc.*		911		2,879
Stepan Co.		365		42,081
Tredegar Corp.		452		7,652
Trinseo SA		697		17,362
				362,870
Commercial Services & Supplies - 1.4%
ABM Industries, Inc.		1,214		46,302
Brady Corp., Class A		882		41,357
Deluxe Corp.		761		21,612
Harsco Corp.*		1,438		20,348
Interface, Inc.		1,066		8,059
Matthews International Corp., Class A		570		12,483
Pitney Bowes, Inc.		3,146		17,272
RR Donnelley & Sons Co.		1,299		1,715
Team, Inc.*		558		3,554
UniFirst Corp.		278		53,548
US Ecology, Inc.		465		17,265
Viad Corp.		371		7,951
				251,466
Communications Equipment - 0.8%
ADTRAN, Inc.		874		9,693
Applied Optoelectronics, Inc.*(b)		352		4,094
CalAmp Corp.*		626		5,114
Comtech Telecommunications Corp.		451		7,486
Digi International, Inc.*		528		7,191
Extreme Networks, Inc.*		2,198		9,605
Harmonic, Inc.*		1,760		10,384
NETGEAR, Inc.*		539		17,976
Plantronics, Inc.		608		7,515
Viavi Solutions, Inc.*		4,155		55,407
				134,465
Construction & Engineering - 0.6%
Aegion Corp.*		559		9,047
Arcosa, Inc.		879		40,689
Comfort Systems USA, Inc.		665		33,696
Granite Construction, Inc.		852		15,839
MYR Group, Inc.*		304		11,798
				111,069
Construction Materials - 0.0%(c)
US Concrete, Inc.*		289		7,713
Consumer Finance - 0.7%
Encore Capital Group, Inc.*		507		23,292
Enova International, Inc.*		547		9,343
EZCORP, Inc., Class A*		949		5,106
Green Dot Corp., Class A*		888		46,229
PRA Group, Inc.*		830		38,740
World Acceptance Corp.*		96		8,735
				131,445
Containers & Packaging - 0.1%
Myers Industries, Inc.		652		9,976
Distributors - 0.2%
Core-Mark Holding Co., Inc.		822		27,471
Diversified Consumer Services - 0.2%
American Public Education, Inc.*		269		8,457
Perdoceo Education Corp.*		1,259		18,092
Regis Corp.*		441		3,259
				29,808
Diversified Telecommunication Services - 1.0%
ATN International, Inc.		198		11,484
Cincinnati Bell, Inc.*		921		13,870
Cogent Communications Holdings, Inc.		765		51,454
Consolidated Communications Holdings, Inc.*		1,331		10,355
Iridium Communications, Inc.*		1,783		49,942
Vonage Holdings Corp.*		4,203		48,125
				185,230
Electrical Equipment - 0.4%
AZZ, Inc.		477		16,566
Encore Wire Corp.		375		19,354
Powell Industries, Inc.		161		4,345
Vicor Corp.*		337		29,329
				69,594
Electronic Equipment, Instruments & Components - 2.6%
Arlo Technologies, Inc.*		1,422		8,148
Badger Meter, Inc.		531		32,757
Bel Fuse, Inc., Class B		184		2,212
Benchmark Electronics, Inc.		664		13,021
CTS Corp.		588		12,289
Daktronics, Inc.		682		3,014
ePlus, Inc.*		246		18,873
Fabrinet*		669		46,683
FARO Technologies, Inc.*		323		18,250
Insight Enterprises, Inc.*		643		38,455
Itron, Inc.*		651		38,780
Knowles Corp.*		1,568		23,614
Methode Electronics, Inc.		676		19,138
MTS Systems Corp.		325		7,930
OSI Systems, Inc.*		305		24,019

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
PC Connection, Inc.		200		8,858
Plexus Corp.*		532		40,469
Rogers Corp.*		340		38,525
Sanmina Corp.*		1,243		35,177
ScanSource, Inc.*		462		11,407
TTM Technologies, Inc.*		1,801		20,639
				462,258
Energy Equipment & Services - 1.0%
Archrock, Inc.		2,341		15,357
Bristow Group, Inc.*		122		2,307
Core Laboratories NV		811		16,974
DMC Global, Inc.		269		9,531
Dril-Quip, Inc.*		639		21,170
Exterran Corp.*		507		2,332
Geospace Technologies Corp.*		249		1,631
Helix Energy Solutions Group, Inc.*		2,597		9,297
Helmerich & Payne, Inc.		1,958		32,268
Matrix Service Co.*		476		4,398
Nabors Industries Ltd.(b)		124		4,958
Newpark Resources, Inc.*		1,638		3,194
Oceaneering International, Inc.*		1,809		9,751
Oil States International, Inc.*		1,111		4,877
Patterson-UTI Energy, Inc.		3,399		13,086
ProPetro Holding Corp.*		1,503		9,439
RPC, Inc.*		942		2,948
SEACOR Holdings, Inc.*		322		10,178
US Silica Holdings, Inc.		1,345		5,999
				179,695
Entertainment - 0.1%
Glu Mobile, Inc.*		2,398		19,040
Marcus Corp. (The)		422		6,613
				25,653
Equity Real Estate Investment Trusts (REITs) - 5.5%
Acadia Realty Trust		1,569		17,792
Agree Realty Corp.		981		65,649
Alexander & Baldwin, Inc.		1,239		15,004
American Assets Trust, Inc.		876		22,382
Armada Hoffler Properties, Inc.		1,030		10,403
Brandywine Realty Trust		3,107		34,581
CareTrust REIT, Inc.		1,744		33,781
Chatham Lodging Trust		856		5,924
Community Healthcare Trust, Inc.		375		17,513
CoreCivic, Inc.		2,181		20,305
DiamondRock Hospitality Co.		3,631		19,244
Diversified Healthcare Trust		4,335		16,473
Easterly Government Properties, Inc.		1,369		33,116
Essential Properties Realty Trust, Inc.		1,677		28,459
Four Corners Property Trust, Inc.		1,282		32,371
Franklin Street Properties Corp.		1,955		8,661
Getty Realty Corp.		626		18,336
Global Net Lease, Inc.		1,630		28,525
Hersha Hospitality Trust		656		4,218
Independence Realty Trust, Inc.		1,726		20,211
Industrial Logistics Properties Trust		1,188		25,625
Innovative Industrial Properties, Inc.		388		47,759
Investors Real Estate Trust		222		15,784
iStar, Inc.		1,324		16,391
Kite Realty Group Trust		1,533		17,231
Lexington Realty Trust		5,035		57,248
LTC Properties, Inc.		715		26,090
National Storage Affiliates Trust		1,130		38,770
NexPoint Residential Trust, Inc.		399		16,519
Office Properties Income Trust		878		20,932
Pennsylvania REIT(b)		1,107		1,218
Retail Opportunity Investments Corp.		2,120		23,596
Retail Properties of America, Inc., Class A		3,911		24,678
RPT Realty		1,469		8,608
Safehold, Inc.		242		13,424
Saul Centers, Inc.		216		6,052
SITE Centers Corp.		2,710		20,352
Summit Hotel Properties, Inc.		1,925		11,338
Tanger Factory Outlet Centers, Inc.(b)		1,703		9,690
Uniti Group, Inc.		3,538		34,743
Universal Health Realty Income Trust		231		15,412
Urstadt Biddle Properties, Inc., Class A		547		5,087
Washington Prime Group, Inc.(b)		3,415		2,322
Washington REIT		1,500		32,910
Whitestone REIT		768		4,938
Xenia Hotels & Resorts, Inc.		2,063		18,526
				968,191
Food & Staples Retailing - 0.4%
Andersons, Inc. (The)		600		10,638
Chefs' Warehouse, Inc. (The)*		563		8,338
PriceSmart, Inc.		408		26,826
SpartanNash Co.		650		12,987
United Natural Foods, Inc.*		977		17,635
				76,424
Food Products - 0.8%
B&G Foods, Inc.(b)		1,168		36,372
Calavo Growers, Inc.		299		18,978
Cal-Maine Foods, Inc.*		664		25,624
Fresh Del Monte Produce, Inc.		548		12,708
J & J Snack Foods Corp.		272		36,978
John B Sanfilippo & Son, Inc.		163		12,981
Seneca Foods Corp., Class A*		123		5,825
				149,466
Gas Utilities - 0.4%
Northwest Natural Holding Co.		556		28,417
South Jersey Industries, Inc.		1,686		37,345
				65,762
Health Care Equipment & Supplies - 2.5%
AngioDynamics, Inc.*		687		6,434
Cardiovascular Systems, Inc.*		643		21,007
CONMED Corp.		520		44,881
CryoLife, Inc.*		688		13,911
Cutera, Inc.*		318		5,206
Glaukos Corp.*		725		34,677
Heska Corp.*		154		15,954
Inogen, Inc.*		334		10,097
Integer Holdings Corp.*		598		41,417
Invacare Corp.		627		4,251
Lantheus Holdings, Inc.*		1,204		16,158
LeMaitre Vascular, Inc.		302		9,749
Meridian Bioscience, Inc.*		781		11,043
Merit Medical Systems, Inc.*		1,009		49,542
Mesa Laboratories, Inc.		74		18,198
Natus Medical, Inc.*		616		11,187

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Neogen Corp.*		965		73,533
OraSure Technologies, Inc.*		1,298		15,212
Orthofix Medical, Inc.*		350		10,619
Surmodics, Inc.*		248		11,222
Tactile Systems Technology, Inc.*		351		13,489
Varex Imaging Corp.*		713		7,907
Zynex, Inc.*(b)		278		4,114
				449,808
Health Care Providers & Services - 2.3%
Addus HomeCare Corp.*		247		23,134
AMN Healthcare Services, Inc.*		856		46,087
BioTelemetry, Inc.*		622		24,619
Community Health Systems, Inc.*		2,181		11,276
CorVel Corp.*		160		13,283
Covetrus, Inc.*		1,775		40,665
Cross Country Healthcare, Inc.*		683		4,365
Ensign Group, Inc. (The)		919		53,798
Hanger, Inc.*		689		13,615
Magellan Health, Inc.*		405		30,561
Owens & Minor, Inc.		1,148		19,034
Pennant Group, Inc. (The)*		480		17,779
Providence Service Corp. (The)*		209		19,351
RadNet, Inc.*		762		10,988
Select Medical Holdings Corp.*		1,958		39,297
Tivity Health, Inc.*		795		13,006
US Physical Therapy, Inc.		234		20,803
				401,661
Health Care Technology - 1.0%
Allscripts Healthcare Solutions, Inc.*		2,962		26,451
Computer Programs and Systems, Inc.		230		6,293
HealthStream, Inc.*		461		9,549
HMS Holdings Corp.*		1,611		44,931
NextGen Healthcare, Inc.*		891		11,815
Omnicell, Inc.*		777		51,810
Simulations Plus, Inc.		223		13,286
Tabula Rasa HealthCare, Inc.*(b)		373		18,874
				183,009
Hotels, Restaurants & Leisure - 1.7%
BJ's Restaurants, Inc.		406		12,797
Bloomin' Brands, Inc.		1,594		22,858
Brinker International, Inc.		819		36,888
Cheesecake Factory, Inc. (The)(b)		762		22,502
Chuy's Holdings, Inc.*		303		6,739
Dave & Buster's Entertainment, Inc.(b)		864		14,368
Dine Brands Global, Inc.		299		17,808
El Pollo Loco Holdings, Inc.*		358		6,397
Fiesta Restaurant Group, Inc.*		369		3,697
Monarch Casino & Resort, Inc.*		219		10,076
Red Robin Gourmet Burgers, Inc.*		235		2,609
Ruth's Hospitality Group, Inc.		573		5,888
Shake Shack, Inc., Class A*		640		43,680
Wingstop, Inc.		539		88,073
				294,380
Household Durables - 2.0%
Cavco Industries, Inc.*		157		29,973
Century Communities, Inc.*		522		18,625
Ethan Allen Interiors, Inc.		420		5,981
Installed Building Products, Inc.*		385		33,426
iRobot Corp.*(b)		508		37,607
La-Z-Boy, Inc.		839		27,268
LGI Homes, Inc.*		398		44,520
M/I Homes, Inc.*		520		22,131
MDC Holdings, Inc.		918		39,823
Meritage Homes Corp.*		644		61,843
Tupperware Brands Corp.		893		14,547
Universal Electronics, Inc.*		254		10,434
				346,178
Household Products - 0.5%
Central Garden & Pet Co.*		175		7,121
Central Garden & Pet Co., Class A*		715		26,569
WD-40 Co.		249		50,891
				84,581
Industrial Conglomerates - 0.1%
Raven Industries, Inc.		653		16,227
Insurance - 2.4%
Ambac Financial Group, Inc.*		834		10,533
American Equity Investment Life Holding Co.		1,668		39,882
AMERISAFE, Inc.		352		23,489
eHealth, Inc.*		469		29,603
Employers Holdings, Inc.		554		18,049
HCI Group, Inc.		115		6,293
Horace Mann Educators Corp.		753		29,412
James River Group Holdings Ltd.		556		27,083
Kinsale Capital Group, Inc.		377		78,126
Palomar Holdings, Inc.*		323		36,289
ProAssurance Corp.		981		15,029
Safety Insurance Group, Inc.		265		19,186
Stewart Information Services Corp.		432		18,434
Third Point Reinsurance Ltd.*		1,470		12,583
Trupanion, Inc.*		545		34,188
United Fire Group, Inc.		388		9,770
United Insurance Holdings Corp.		376		2,846
Universal Insurance Holdings, Inc.		543		10,073
				420,868
Interactive Media & Services - 0.1%
QuinStreet, Inc.*		852		11,204
Internet & Direct Marketing Retail - 0.6%
Liquidity Services, Inc.*		496		3,576
PetMed Express, Inc.		368		12,792
Shutterstock, Inc.		351		17,662
Stamps.com, Inc.*		296		73,805
				107,835
IT Services - 1.6%
Cardtronics plc, Class A*		656		14,242
CSG Systems International, Inc.		603		25,670
EVERTEC, Inc.		1,087		38,067
ExlService Holdings, Inc.*		625		39,806
ManTech International Corp., Class A		493		36,901
NIC, Inc.		1,221		26,105
Perficient, Inc.*		603		25,875
Sykes Enterprises, Inc.*		686		22,710
TTEC Holdings, Inc.		323		18,311
Unisys Corp.*		952		11,100
Virtusa Corp.*		549		21,707
				280,494
Leisure Products - 0.8%
Callaway Golf Co.		1,713		35,733
Sturm Ruger & Co., Inc.		303		21,471
Vista Outdoor, Inc.*		1,057		20,516

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
YETI Holdings, Inc.*		1,220		62,684
				140,404
Life Sciences Tools & Services - 0.9%
Luminex Corp.		776		20,711
Medpace Holdings, Inc.*		490		63,597
NeoGenomics, Inc.*		2,001		77,939
				162,247
Machinery - 4.3%
Alamo Group, Inc.		177		19,629
Albany International Corp., Class A		559		29,012
Astec Industries, Inc.		412		21,721
Barnes Group, Inc.		864		34,214
Chart Industries, Inc.*		641		42,127
CIRCOR International, Inc.*		364		10,793
Enerpac Tool Group Corp.		969		20,155
EnPro Industries, Inc.		374		21,887
ESCO Technologies, Inc.		475		42,712
Federal Signal Corp.		1,098		35,268
Franklin Electric Co., Inc.		698		41,433
Greenbrier Cos., Inc. (The)		595		16,178
Hillenbrand, Inc.		1,358		43,062
John Bean Technologies Corp.		577		59,148
Lindsay Corp.		197		19,686
Lydall, Inc.*		322		6,047
Meritor, Inc.*		1,317		29,975
Mueller Industries, Inc.		1,035		30,740
Proto Labs, Inc.*		485		71,295
SPX Corp.*		812		33,966
SPX FLOW, Inc.*		777		33,784
Standex International Corp.		226		13,072
Tennant Co.		336		22,334
Titan International, Inc.		917		2,182
Wabash National Corp.		963		11,758
Watts Water Technologies, Inc., Class A		501		47,971
				760,149
Marine - 0.2%
Matson, Inc.		784		31,415
Media - 0.3%
EW Scripps Co. (The), Class A		1,000		11,120
Gannett Co., Inc.(b)		2,407		4,164
Meredith Corp.		735		10,290
Scholastic Corp.		553		12,442
TechTarget, Inc.*		416		16,507
				54,523
Metals & Mining - 1.0%
Arconic Corp.*		1,749		38,915
Carpenter Technology Corp.		870		18,296
Century Aluminum Co.*		913		9,011
Cleveland-Cliffs, Inc.(b)		7,264		47,797
Haynes International, Inc.		229		4,292
Kaiser Aluminum Corp.		288		18,513
Materion Corp.		370		20,198
Olympic Steel, Inc.		166		1,826
SunCoke Energy, Inc.		1,508		5,399
TimkenSteel Corp.*		729		2,748
Warrior Met Coal, Inc.		932		14,418
				181,413
Mortgage Real Estate Investment Trusts (REITs) - 0.8%
Apollo Commercial Real Estate Finance, Inc.		2,607		23,307
ARMOUR Residential REIT, Inc.		1,177		11,405
Capstead Mortgage Corp.		1,757		10,841
Granite Point Mortgage Trust, Inc.		1,005		6,673
Invesco Mortgage Capital, Inc.(b)		3,303		9,909
KKR Real Estate Finance Trust, Inc.		425		7,735
New York Mortgage Trust, Inc.		6,879		18,160
PennyMac Mortgage Investment Trust		1,820		31,195
Ready Capital Corp.		690		7,059
Redwood Trust, Inc.		2,093		14,504
				140,788
Multiline Retail - 0.4%
Big Lots, Inc.		715		33,712
Macy's, Inc.(b)		5,643		39,332
				73,044
Multi-Utilities - 0.3%
Avista Corp.		1,226		45,190
Oil, Gas & Consumable Fuels - 1.1%
Bonanza Creek Energy, Inc.*		341		6,834
Callon Petroleum Co.*(b)		721		4,780
CONSOL Energy, Inc.*		474		2,451
Dorian LPG Ltd.*		491		4,144
Green Plains, Inc.*		607		8,122
Gulfport Energy Corp.*		2,651		1,871
Laredo Petroleum, Inc.*		166		2,714
Matador Resources Co.*(b)		1,997		19,431
Oasis Petroleum, Inc.*(b)		5,315		2,952
Par Pacific Holdings, Inc.*		707		6,137
PDC Energy, Inc.*		1,742		26,374
Penn Virginia Corp.*		246		2,809
QEP Resources, Inc.		4,391		5,708
Range Resources Corp.		3,865		28,833
Renewable Energy Group, Inc.*		712		23,802
REX American Resources Corp.*		100		6,178
SM Energy Co.		1,938		4,709
Southwestern Energy Co.*		9,872		27,444
Talos Energy, Inc.*		369		2,771
				188,064
Paper & Forest Products - 0.5%
Boise Cascade Co.		714		32,701
Clearwater Paper Corp.*		302		10,165
Mercer International, Inc.		731		6,126
Neenah, Inc.		306		13,550
P H Glatfelter Co.		808		12,112
Schweitzer-Mauduit International, Inc.		569		17,258
				91,912
Personal Products - 0.4%
Inter Parfums, Inc.		322		14,384
Medifast, Inc.		215		34,985
USANA Health Sciences, Inc.*		222		17,407
				66,776
Pharmaceuticals - 0.9%
AMAG Pharmaceuticals, Inc.*(b)		625		6,475
Amphastar Pharmaceuticals, Inc.*		615		12,534
ANI Pharmaceuticals, Inc.*		173		5,425
Corcept Therapeutics, Inc.*		1,880		23,876
Endo International plc*		3,726		11,215
Innoviva, Inc.*		1,219		14,275
Lannett Co., Inc.*		610		3,209
Pacira BioSciences, Inc.*		768		48,015

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Phibro Animal Health Corp., Class A		370		7,940
Supernus Pharmaceuticals, Inc.*		957		21,044
				154,008
Professional Services - 0.8%
Exponent, Inc.		939		75,547
Forrester Research, Inc.*		195		6,915
Heidrick & Struggles International, Inc.		351		7,592
Kelly Services, Inc., Class A		607		11,527
Korn Ferry		1,003		30,592
Resources Connection, Inc.		551		6,772
TrueBlue, Inc.*		658		11,133
				150,078
Real Estate Management & Development - 0.3%
Marcus & Millichap, Inc.*		429		12,102
RE/MAX Holdings, Inc., Class A		330		11,596
Realogy Holdings Corp.*		2,103		23,301
St Joe Co. (The)*		569		13,207
				60,206
Road & Rail - 0.7%
ArcBest Corp.		460		15,557
Heartland Express, Inc.		845		17,479
Marten Transport Ltd.		1,064		19,322
Saia, Inc.*		475		63,745
				116,103
Semiconductors & Semiconductor Equipment - 2.7%
Advanced Energy Industries, Inc.*		697		51,662
Axcelis Technologies, Inc.*		599		14,154
Brooks Automation, Inc.		1,344		69,391
CEVA, Inc.*		401		16,942
Cohu, Inc.		760		13,072
Diodes, Inc.*		760		37,134
DSP Group, Inc.*		423		6,066
FormFactor, Inc.*		1,388		36,268
Ichor Holdings Ltd.*		416		10,467
Kulicke & Soffa Industries, Inc.		1,138		27,289
MaxLinear, Inc.*		1,200		29,220
Onto Innovation, Inc.*		867		27,085
PDF Solutions, Inc.*		514		10,640
Photronics, Inc.*		1,187		11,906
Power Integrations, Inc.		1,088		60,895
Rambus, Inc.*		2,064		27,719
SMART Global Holdings, Inc.*		249		6,275
Ultra Clean Holdings, Inc.*		727		17,826
Veeco Instruments, Inc.*		901		10,713
				484,724
Software - 1.9%
8x8, Inc.*		1,889		31,886
Agilysys, Inc.*		367		9,311
Alarm.com Holdings, Inc.*		773		46,279
Bottomline Technologies DE, Inc.*		692		32,960
Ebix, Inc.		406		9,366
LivePerson, Inc.*		1,122		66,939
MicroStrategy, Inc., Class A*		141		20,366
OneSpan, Inc.*		595		12,822
Progress Software Corp.		816		30,918
SPS Commerce, Inc.*		637		50,884
Xperi Holding Corp.		2,096		26,263
				337,994
Specialty Retail - 2.3%
Abercrombie & Fitch Co., Class A		1,123		14,610
America's Car-Mart, Inc.*		113		11,357
Asbury Automotive Group, Inc.*		352		37,238
Barnes & Noble Education, Inc.*(b)		704		1,605
Bed Bath & Beyond, Inc.*(b)		2,306		28,087
Boot Barn Holdings, Inc.*		525		14,821
Buckle, Inc. (The)		522		9,782
Caleres, Inc.		733		5,725
Cato Corp. (The), Class A		385		3,080
Chico's FAS, Inc.		2,194		2,808
Children's Place, Inc. (The)		265		5,291
Conn's, Inc.*(b)		349		4,460
Designer Brands, Inc., Class A		989		6,973
Express, Inc.*		1,175		1,304
GameStop Corp., Class A*(b)		1,180		7,882
Genesco, Inc.*		254		4,953
Group 1 Automotive, Inc.		309		26,710
Guess?, Inc.		802		9,223
Haverty Furniture Cos., Inc.		315		6,653
Hibbett Sports, Inc.*		301		10,044
Lumber Liquidators Holdings, Inc.*		525		12,595
MarineMax, Inc.*		391		11,499
Michaels Cos., Inc. (The)*		1,396		15,705
Monro, Inc.		607		27,977
ODP Corp. (The)		959		22,421
Rent-A-Center, Inc.		882		27,077
Shoe Carnival, Inc.		162		5,327
Signet Jewelers Ltd.		954		16,476
Sleep Number Corp.*		504		24,192
Sonic Automotive, Inc., Class A		438		18,510
Zumiez, Inc.*		366		9,399
				403,784
Technology Hardware, Storage & Peripherals - 0.1%
3D Systems Corp.*(b)		2,166		11,891
Diebold Nixdorf, Inc.*		1,412		11,776
				23,667
Textiles, Apparel & Luxury Goods - 1.2%
Capri Holdings Ltd.*		2,722		43,117
Crocs, Inc.*		1,228		49,010
Fossil Group, Inc.*		848		5,457
G-III Apparel Group Ltd.*		788		8,715
Kontoor Brands, Inc.		853		18,851
Movado Group, Inc.		301		3,284
Oxford Industries, Inc.		306		15,156
Steven Madden Ltd.		1,394		29,497
Unifi, Inc.*		266		3,253
Vera Bradley, Inc.*		419		2,208
Wolverine World Wide, Inc.		1,481		36,995
				215,543
Thrifts & Mortgage Finance - 1.0%
Axos Financial, Inc.*		946		23,442
Flagstar Bancorp, Inc.		744		23,376
HomeStreet, Inc.		426		11,660
Meta Financial Group, Inc.		580		11,182
NMI Holdings, Inc., Class A*		1,544		26,480
Northfield Bancorp, Inc.		791		7,641
Northwest Bancshares, Inc.		2,162		21,858
Provident Financial Services, Inc.		1,274		16,791
TrustCo Bank Corp.		1,757		10,472
Walker & Dunlop, Inc.		526		28,814
				181,716
Tobacco - 0.2%
Universal Corp.		445		19,318
Vector Group Ltd.		2,176		21,912
				41,230

Ultra SmallCap600

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Trading Companies & Distributors - 0.5%
Applied Industrial Technologies, Inc.		705		42,448
DXP Enterprises, Inc.*		294		5,656
Foundation Building Materials, Inc.*		323		5,242
GMS, Inc.*		771		20,424
NOW, Inc.*		1,992		14,482
Veritiv Corp.*		228		3,963
				92,215
Water Utilities - 0.5%
American States Water Co.		672		51,126
California Water Service Group		888		40,262
				91,388
Wireless Telecommunication Services - 0.3%
Shenandoah Telecommunications Co.		854		47,226
Spok Holdings, Inc.		322		3,491
				50,717
TOTAL COMMON STOCKS (Cost $14,197,363)				12,680,123
SECURITIES LENDING REINVESTMENTS(d) - 1.1%
INVESTMENT COMPANIES - 1.1%
BlackRock Liquidity FedFund, Institutional Class
0.01% (Cost $187,307)		187,307		187,307

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 24.1%
REPURCHASE AGREEMENTS(e) - 24.1%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $4,266,536
(Cost $4,266,529)		4,266,529		4,266,529
Total Investments - 96.9%  (Cost $18,651,199)				17,133,959
Other assets less liabilities - 3.1%				555,472
Net Assets - 100.0%				17,689,431

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $522,273.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $272,325, collateralized in the form of cash with a value of $187,307 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $98,766 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 3.88%, and maturity dates ranging from September 10, 2020 – August 15, 2049; a total value of $286,073.
(c)	Represents less than 0.05% of net assets.
(d)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $187,307.
(e)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra SmallCap600 had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
4,028,401	11/6/2020	Bank of America NA		0.43	%	S&P SmallCap 600®		14,811
1,866,787	1/20/2021	Citibank NA		0.46	%	S&P SmallCap 600®		(182,523	)
2,260,457	11/8/2021	Credit Suisse International		0.36	%	S&P SmallCap 600®		(649,438	)
3,459,443	1/6/2021	Morgan Stanley & Co. International plc		(0.04	)%	S&P SmallCap 600®		(1,225,319	)
6,810,870	11/6/2020	Societe Generale		0.56	%	S&P SmallCap 600®		(32,189	)
4,267,949	11/6/2020	UBS AG		0.46	%	S&P SmallCap 600®		(1,766,229	)
22,693,907								(3,840,887	)
						Total Unrealized Appreciation		14,811
						Total Unrealized Depreciation		(3,855,698	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Ultra Technology

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 60.5%
Communications Equipment - 1.7%
Arista Networks, Inc.*		2,459		549,463
Ciena Corp.*		7,031		399,150
Cisco Systems, Inc.		194,139		8,196,549
CommScope Holding Co., Inc.*		8,966		92,350
EchoStar Corp., Class A*		2,115		62,139
F5 Networks, Inc.*		2,784		368,407
InterDigital, Inc.		1,408		86,099
Juniper Networks, Inc.		15,170		379,250
Lumentum Holdings, Inc.*		3,431		295,066
Motorola Solutions, Inc.		7,784		1,204,574
NetScout Systems, Inc.*		2,912		67,384
Ubiquiti, Inc.		554		100,689
ViaSat, Inc.*		2,675		106,358
Viavi Solutions, Inc.*		10,437		139,177
				12,046,655
Diversified Telecommunication Services - 0.2%
CenturyLink, Inc.		45,216		486,072
GCI Liberty, Inc., Class A*		4,359		352,120
Liberty Global plc, Class A*		7,509		175,485
Liberty Global plc, Class C*		17,709		407,484
Liberty Latin America Ltd., Class A*		2,088		20,463
Liberty Latin America Ltd., Class C*		5,226		49,856
				1,491,480
Electronic Equipment, Instruments & Components - 0.1%
CDW Corp.		6,513		740,202
SYNNEX Corp.		1,884		239,551
				979,753
Health Care Technology - 0.4%
Cerner Corp.		13,932		1,022,191
Veeva Systems, Inc., Class A*		6,171		1,741,888
				2,764,079
Household Durables - 0.1%
Garmin Ltd.		6,646		688,592
Interactive Media & Services - 11.3%
Alphabet, Inc., Class A*		13,735		22,381,594
Alphabet, Inc., Class C*		13,388		21,878,402
ANGI Homeservices, Inc., Class A*		2,892		40,126
Cargurus, Inc.*		3,306		80,600
Facebook, Inc., Class A*		110,075		32,273,990
IAC/InterActiveCorp.*		3,334		443,389
Match Group, Inc.*		9,906		1,106,302
Snap, Inc., Class A*		37,537		847,961
Twitter, Inc.*		35,898		1,456,741
Zillow Group, Inc., Class A*		1,606		136,960
Zillow Group, Inc., Class C*		6,359		545,348
				81,191,413
Internet & Direct Marketing Retail - 0.4%
Chewy, Inc., Class A*		2,466		150,599
eBay, Inc.		30,241		1,656,602
Etsy, Inc.*		5,430		649,971
Grubhub, Inc.*		4,211		304,666
				2,761,838
IT Services - 2.3%
Akamai Technologies, Inc.*		7,430		865,075
Amdocs Ltd.		6,113		374,299
Booz Allen Hamilton Holding Corp.		6,319		556,451
CACI International, Inc., Class A*		1,144		267,913
Cognizant Technology Solutions Corp., Class A		24,747		1,654,584
DXC Technology Co.		11,615		232,068
EPAM Systems, Inc.*		2,546		832,797
Gartner, Inc.*		4,081		529,795
GoDaddy, Inc., Class A*		7,562		632,788
International Business Machines Corp.		40,644		5,011,812
KBR, Inc.		6,509		162,660
Leidos Holdings, Inc.		6,114		553,256
MongoDB, Inc.*		1,658		387,640
Okta, Inc.*		5,316		1,144,907
Perspecta, Inc.		6,245		129,709
Science Applications International Corp.		2,258		188,453
Twilio, Inc., Class A*		5,895		1,590,235
VeriSign, Inc.*		4,652		999,250
				16,113,692
Semiconductors & Semiconductor Equipment - 9.8%
Advanced Micro Devices, Inc.*		53,615		4,869,314
Analog Devices, Inc.		16,865		1,971,181
Applied Materials, Inc.		41,954		2,584,366
Broadcom, Inc.		18,301		6,353,192
Cirrus Logic, Inc.*		2,673		161,957
Cree, Inc.*		4,949		312,282
Entegris, Inc.		6,164		412,310
Intel Corp.		193,825		9,875,384
KLA Corp.		7,095		1,455,468
Lam Research Corp.		6,646		2,235,316
Marvell Technology Group Ltd.		30,355		1,177,167
Maxim Integrated Products, Inc.		12,202		835,105
Microchip Technology, Inc.		11,229		1,231,821
Micron Technology, Inc.*		50,913		2,317,051
MKS Instruments, Inc.		2,510		300,020
Monolithic Power Systems, Inc.		1,904		508,616
NVIDIA Corp.		28,162		15,066,107
NXP Semiconductors NV		12,774		1,606,458
ON Semiconductor Corp.*		18,772		401,158
Qorvo, Inc.*		5,254		673,931
QUALCOMM, Inc.		51,496		6,133,174
Semtech Corp.*		2,982		174,894
Silicon Laboratories, Inc.*		1,998		204,615
Skyworks Solutions, Inc.		7,634		1,105,785
Teradyne, Inc.		7,589		644,837
Texas Instruments, Inc.		42,016		5,972,574
Universal Display Corp.		1,939		340,294
Xilinx, Inc.		11,129		1,159,197
				70,083,574
Software - 20.2%
ACI Worldwide, Inc.*		5,309		155,978
Adobe, Inc.*		22,056		11,323,330
Alteryx, Inc., Class A*(b)		2,280		275,492
Anaplan, Inc.*		4,074		249,532
ANSYS, Inc.*		3,936		1,334,343
Aspen Technology, Inc.*		3,097		393,412
Autodesk, Inc.*		10,029		2,464,125
Avalara, Inc.*		3,125		413,781
Bill.com Holdings, Inc.*		465		46,026
Blackbaud, Inc.		2,271		145,003
Cadence Design Systems, Inc.*		12,780		1,417,430
CDK Global, Inc.		5,566		259,487

Ultra Technology

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Cerence, Inc.*		1,668		88,738
Ceridian HCM Holding, Inc.*		4,659		370,484
Citrix Systems, Inc.		5,313		771,448
Cloudflare, Inc., Class A*		1,887		72,197
CommVault Systems, Inc.*		1,943		83,996
Coupa Software, Inc.*		3,048		998,952
Crowdstrike Holdings, Inc., Class A*		952		119,695
Datadog, Inc., Class A*		1,290		107,779
DocuSign, Inc.*		5,950		1,326,850
Dropbox, Inc., Class A*		10,231		216,590
Dynatrace, Inc.*		7,208		318,810
Elastic NV*		1,536		166,779
Fair Isaac Corp.*		1,328		558,809
FireEye, Inc.*		10,201		149,751
Fortinet, Inc.*		6,143		810,907
Guidewire Software, Inc.*		3,796		426,329
HubSpot, Inc.*		1,879		563,099
Intuit, Inc.		11,935		4,122,230
J2 Global, Inc.*		2,076		145,299
Manhattan Associates, Inc.*		2,908		282,803
Microsoft Corp.		347,161		78,295,221
New Relic, Inc.*		2,330		143,132
NortonLifeLock, Inc.		24,796		583,202
Nuance Communications, Inc.*		12,876		385,765
Nutanix, Inc., Class A*		6,909		198,357
Oracle Corp.		95,282		5,452,036
Palo Alto Networks, Inc.*		4,414		1,136,208
Paycom Software, Inc.*		2,206		660,609
Paylocity Holding Corp.*		1,647		242,521
Pegasystems, Inc.		1,763		226,493
Pluralsight, Inc., Class A*		3,914		74,914
Proofpoint, Inc.*		2,627		288,103
PTC, Inc.*		4,767		435,751
RealPage, Inc.*		3,975		248,914
RingCentral, Inc., Class A*		3,518		1,022,929
salesforce.com, Inc.*		41,248		11,246,267
ServiceNow, Inc.*		8,733		4,209,481
Slack Technologies, Inc., Class A*		2,923		95,991
Smartsheet, Inc., Class A*		4,207		229,408
SolarWinds Corp.*		2,997		63,027
Splunk, Inc.*		7,269		1,594,310
SS&C Technologies Holdings, Inc.		10,220		651,218
Synopsys, Inc.*		6,906		1,528,298
Teradata Corp.*		4,971		121,044
Trade Desk, Inc. (The), Class A*		1,872		900,994
Tyler Technologies, Inc.*		1,821		628,809
Verint Systems, Inc.*		2,935		139,589
VMware, Inc., Class A*		3,655		527,928
Workday, Inc., Class A*		7,488		1,794,948
Zendesk, Inc.*		5,227		503,778
Zoom Video Communications, Inc., Class A*		1,303		423,605
Zscaler, Inc.*		3,015		432,170
				144,664,504
Technology Hardware, Storage & Peripherals - 14.0%
Apple, Inc.		746,060		96,271,582
Dell Technologies, Inc., Class C*		7,079		467,780
Hewlett Packard Enterprise Co.		58,813		568,722
HP, Inc.		65,462		1,279,782
NCR Corp.*		5,851		119,594
NetApp, Inc.		10,127		479,919
Pure Storage, Inc., Class A*		10,632		162,244
Seagate Technology plc		10,341		496,265
Western Digital Corp.		13,720		527,122
Xerox Holdings Corp.		8,382		158,085
				100,531,095
TOTAL COMMON STOCKS (Cost $307,685,880)				433,316,675
SECURITIES LENDING REINVESTMENTS(c) - 0.0%(d)
INVESTMENT COMPANIES - 0.0%(d)
BlackRock Liquidity FedFund, Institutional Class 0.01% (Cost $222,177)		222,177		222,177

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 5.2%
REPURCHASE AGREEMENTS(e) - 5.2%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $37,231,685
(Cost $37,231,618)		37,231,618		37,231,618
Total Investments - 65.7%  (Cost $345,139,675)				470,770,470
Other assets less liabilities - 34.3%				246,158,466
Net Assets - 100.0%				716,928,936

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $111,944,377.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $217,373, collateralized in the form of cash with a value of $222,177 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $222,177.
(d)	Represents less than 0.05% of net assets.
(e)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Technology

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Swap Agreements

Ultra Technology had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	26,657,534	12/7/2020	Bank of America NA		0.51	%	Dow Jones U.S. TechnologySM Indexc		(17,093,955	)
	117,413,353	12/7/2020	BNP Paribas SA		0.71	%	Dow Jones U.S. TechnologySM Indexc		45,929,109
	35,155,081	11/6/2020	Citibank NA		0.41	%	Dow Jones U.S. TechnologySM Indexc		16,475,111
	237,870,623	11/8/2021	Credit Suisse International		0.36	%	Dow Jones U.S. TechnologySM Indexc		37,581,160
	175,406,046	12/7/2020	Goldman Sachs International		0.61	%	Dow Jones U.S. TechnologySM Indexc		35,724,555
	6,869,422	1/6/2021	Morgan Stanley & Co. International plc		0.76	%	Dow Jones U.S. TechnologySM Indexc		2,140,007
	212,058,351	1/6/2021	Societe Generale		0.66	%	Dow Jones U.S. TechnologySM Indexc		38,207,207
	191,400,618	11/8/2021	UBS AG		0.76	%	Dow Jones U.S. TechnologySM Indexc		34,358,752
	1,002,831,028								193,321,946
							Total Unrealized Appreciation		210,415,901
							Total Unrealized Depreciation		(17,093,955	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

Ultra Telecommunications

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 72.7%
Communications Equipment - 21.5%
Acacia Communications, Inc.*		85		5,736
ADTRAN, Inc.		107		1,187
Applied Optoelectronics, Inc.*(b)		43		500
Arista Networks, Inc.*		120		26,814
CalAmp Corp.*		77		629
Ciena Corp.*		343		19,472
Cisco Systems, Inc.		616		26,007
CommScope Holding Co., Inc.*		437		4,501
Comtech Telecommunications Corp.		55		913
EchoStar Corp., Class A*		103		3,026
Extreme Networks, Inc.*		268		1,171
F5 Networks, Inc.*		136		17,997
Harmonic, Inc.*		215		1,268
Juniper Networks, Inc.		739		18,475
Lumentum Holdings, Inc.*		167		14,362
Motorola Solutions, Inc.		197		30,486
NETGEAR, Inc.*		66		2,201
NetScout Systems, Inc.*		142		3,286
Plantronics, Inc.		74		915
Ubiquiti, Inc.		27		4,907
ViaSat, Inc.*		130		5,169
Viavi Solutions, Inc.*		509		6,788
				195,810
Diversified Telecommunication Services - 41.1%
Anterix, Inc.*		26		1,137
AT&T, Inc.		4,543		135,427
ATN International, Inc.		24		1,392
CenturyLink, Inc.		2,204		23,693
Cincinnati Bell, Inc.*		113		1,702
Consolidated Communications Holdings, Inc.*		163		1,268
GCI Liberty, Inc., Class A*		212		17,125
Globalstar, Inc.*		1,377		460
Iridium Communications, Inc.*		218		6,106
Liberty Global plc, Class A*		366		8,553
Liberty Global plc, Class C*		863		19,858
Liberty Latin America Ltd., Class C*		255		2,433
ORBCOMM, Inc.*		175		702
Verizon Communications, Inc.		2,515		149,065
Vonage Holdings Corp.*		515		5,897
				374,818
Household Durables - 3.4%
Garmin Ltd.		301		31,187
Wireless Telecommunication Services - 6.7%
Shenandoah Telecommunications Co.		104		5,751
Spok Holdings, Inc.		39		423
Telephone and Data Systems, Inc.		218		5,042
T-Mobile US, Inc.*		418		48,772
United States Cellular Corp.*		34		1,237
				61,225
TOTAL COMMON STOCKS
(Cost $576,887)				663,040
SECURITIES LENDING REINVESTMENTS(c) - 0.0%(d)
INVESTMENT COMPANIES - 0.0%(d)
BlackRock Liquidity FedFund, Institutional Class 0.01% (Cost $252)		252		252

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 11.6%
REPURCHASE AGREEMENTS(e) - 11.6%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $105,725
(Cost $105,725)		105,725		105,725
Total Investments - 84.3%
(Cost $682,864)				769,017
Other assets less liabilities - 15.7%				143,560
Net Assets - 100.0%				912,577

Ultra Telecommunications

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $302,663.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $244, collateralized in the form of cash with a value of $252 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $252.
(d)	Represents less than 0.05% of net assets.
(e)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

Ultra Telecommunications had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	70,553	11/6/2020	Bank of America NA		0.46	%	iShares® U.S. Telecommunications ETF		(7,262	)
	84,850	12/7/2020	Bank of America NA		0.46	%	Dow Jones U.S. Select TelecommunicationsSM Indexc		(6,298	)
	188,095	11/6/2020	Citibank NA		0.41	%	Dow Jones U.S. Select TelecommunicationsSM Indexc		(700	)
	65,574	11/8/2021	Credit Suisse International		0.46	%	Dow Jones U.S. Select TelecommunicationsSM Indexc		(558	)
	61,274	11/6/2020	Goldman Sachs International		0.61	%	Dow Jones U.S. Select TelecommunicationsSM Indexc		1,012
	72,477	1/6/2021	Morgan Stanley & Co. International plc		0.41	%	Dow Jones U.S. Select TelecommunicationsSM Indexc		(18,816	)
	212,738	1/6/2021	Morgan Stanley & Co. International plc		0.11	%	iShares® U.S. Telecommunications ETF		(12,480	)
	198,449	1/6/2021	Societe Generale		0.66	%	Dow Jones U.S. Select TelecommunicationsSM Indexc		(44,989	)
	203,625	11/8/2021	UBS AG		0.51	%	Dow Jones U.S. Select TelecommunicationsSM Indexc		(132,224	)
	1,157,635								(222,315	)
							Total Unrealized Appreciation		1,012
							Total Unrealized Depreciation		(223,327	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

Ultra Utilities

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 70.6%
Electric Utilities - 41.6%
ALLETE, Inc.		608		32,808
Alliant Energy Corp.		2,930		158,660
American Electric Power Co., Inc.		5,820		458,791
Avangrid, Inc.		653		31,370
Duke Energy Corp.		8,630		693,334
Edison International		4,438		232,906
Entergy Corp.		2,351		233,078
Evergy, Inc.		2,661		141,618
Eversource Energy		3,951		338,640
Exelon Corp.		11,443		422,361
FirstEnergy Corp.		6,362		181,890
Hawaiian Electric Industries, Inc.		1,281		44,335
IDACORP, Inc.		593		53,311
NextEra Energy, Inc.		5,747		1,604,390
NRG Energy, Inc.		2,866		98,619
Pinnacle West Capital Corp.		1,321		96,895
PNM Resources, Inc.		936		40,884
Portland General Electric Co.		1,051		40,096
PPL Corp.		9,027		249,416
Southern Co. (The)		12,400		647,032
Xcel Energy, Inc.		6,166		428,383
				6,228,817
Gas Utilities - 3.1%
Atmos Energy Corp.		1,437		143,441
National Fuel Gas Co.		1,061		48,424
New Jersey Resources Corp.		1,124		33,877
ONE Gas, Inc.		620		45,955
South Jersey Industries, Inc.		1,086		24,055
Southwest Gas Holdings, Inc.		647		40,677
Spire, Inc.		602		35,043
UGI Corp.		2,446		84,460
				455,932
Independent Power and Renewable Electricity Producers - 1.6%
AES Corp. (The)		7,808		138,592
Vistra Corp.		5,279		101,515
				240,107
Multi-Utilities - 21.5%
Ameren Corp.		2,899		229,340
Avista Corp.		790		29,119
Black Hills Corp.		737		41,331
CenterPoint Energy, Inc.		6,397		128,388
CMS Energy Corp.		3,361		203,307
Consolidated Edison, Inc.		3,924		279,938
Dominion Energy, Inc.		9,855		773,026
DTE Energy Co.		2,262		268,432
MDU Resources Group, Inc.		2,355		55,625
NiSource, Inc.		4,493		99,565
NorthWestern Corp.		593		30,623
Public Service Enterprise Group, Inc.		5,938		310,201
Sempra Energy		3,435		424,738
WEC Energy Group, Inc.		3,704		348,472
				3,222,105
Water Utilities - 2.8%
American Water Works Co., Inc.		2,126		300,489
Essential Utilities, Inc.		2,618		111,265
				411,754
TOTAL COMMON STOCKS (Cost $11,443,665)				10,558,715

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 36.2%
REPURCHASE AGREEMENTS(b) - 36.2%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $5,414,623
(Cost $5,414,613)		5,414,613		5,414,613
Total Investments - 106.8% (Cost $16,858,278)				15,973,328
Liabilities in excess of other assets - (6.8%)				(1,015,611	)
Net Assets - 100.0%				14,957,717

(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $3,501,132.
(b)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Ultra Utilities

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Swap Agreements

Ultra Utilities had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
722,688	12/7/2020	Bank of America NA		0.36	%	Dow Jones U.S. UtilitiesSM Indexc		(294,802	)
4,366,626	1/6/2021	Bank of America NA		0.46	%	iShares® U.S. Utilities ETF		(486,569	)
4,300,314	11/8/2021	Credit Suisse International		0.41	%	Dow Jones U.S. UtilitiesSM Indexc		(281,206	)
647,538	1/6/2021	Morgan Stanley & Co. International plc		0.51	%	Dow Jones U.S. UtilitiesSM Indexc		(34,595	)
798,105	1/6/2021	Morgan Stanley & Co. International plc		0.31	%	iShares® U.S. Utilities ETF		(53,258	)
4,691,808	1/6/2021	Societe Generale		0.66	%	Dow Jones U.S. UtilitiesSM Indexc		(1,721,543	)
3,813,860	11/8/2021	UBS AG		0.51	%	Dow Jones U.S. UtilitiesSM Indexc		(1,145,169	)
19,340,939								(4,017,142	)
						Total Unrealized Depreciation		(4,017,142	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the preceding Schedule of Portfolio Investments for the representative components of the underlying reference instrument and their relative weightings.

UltraPro Dow30^SM
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 65.8%
Aerospace & Defense - 2.6%
Boeing Co. (The)		120,638		20,728,021
Banks - 1.5%
JPMorgan Chase & Co.		120,638		12,086,721
Beverages - 0.8%
Coca-Cola Co. (The)		120,638		5,975,200
Biotechnology - 3.9%
Amgen, Inc.		120,638		30,560,018
Capital Markets - 3.1%
Goldman Sachs Group, Inc. (The)		120,638		24,715,107
Chemicals - 0.7%
Dow, Inc.		120,638		5,443,187
Communications Equipment - 0.6%
Cisco Systems, Inc.		120,638		5,093,336
Consumer Finance - 1.5%
American Express Co.		120,638		12,255,614
Diversified Telecommunication Services - 0.9%
Verizon Communications, Inc.		120,638		7,150,214
Entertainment - 2.0%
Walt Disney Co. (The)*		120,638		15,908,533
Food & Staples Retailing - 2.7%
Walgreens Boots Alliance, Inc.		120,638		4,586,657
Walmart, Inc.		120,638		16,750,586
				21,337,243
Health Care Providers & Services - 4.8%
UnitedHealth Group, Inc.		120,638		37,705,407
Hotels, Restaurants & Leisure - 3.2%
McDonald's Corp.		120,638		25,758,626
Household Products - 2.1%
Procter & Gamble Co. (The)		120,638		16,687,855
Industrial Conglomerates - 5.0%
3M Co.		120,638		19,666,407
Honeywell International, Inc.		120,638		19,971,621
				39,638,028
Insurance - 1.8%
Travelers Cos., Inc. (The)		120,638		13,998,834
IT Services - 5.1%
International Business Machines Corp.		120,638		14,875,872
Visa, Inc., Class A		120,638		25,574,049
				40,449,921
Machinery - 2.2%
Caterpillar, Inc.		120,638		17,167,994
Oil, Gas & Consumable Fuels - 1.3%
Chevron Corp.		120,638		10,125,147
Pharmaceuticals - 3.6%
Johnson & Johnson		120,638		18,507,076
Merck & Co., Inc.		120,638		10,286,802
				28,793,878
Semiconductors & Semiconductor Equipment - 0.8%
Intel Corp.		120,638		6,146,506
Software - 7.6%
Microsoft Corp.		120,638		27,207,488
salesforce.com, Inc.*		120,638		32,891,951
				60,099,439
Specialty Retail - 4.3%
Home Depot, Inc. (The)		120,638		34,386,656
Technology Hardware, Storage & Peripherals - 2.0%
Apple, Inc.		120,636		15,566,869
Textiles, Apparel & Luxury Goods - 1.7%
NIKE, Inc., Class B		120,638		13,498,186
TOTAL COMMON STOCKS (Cost $512,618,610)				521,276,540

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 16.7%
REPURCHASE AGREEMENTS(b) - 16.7%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $132,424,766 (Cost $132,424,533)		132,424,533		132,424,533
Total Investments - 82.5% (Cost $645,043,143)				653,701,073
Other assets less liabilities - 17.5%				138,580,540
Net Assets - 100.0%				792,281,613

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $146,926,040.
(b)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraPro Dow30^SM
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Futures Contracts Purchased

UltraPro Dow30^SM had the following open long futures contracts as of August 31, 2020:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
DJIA CBOT E-Mini Index		415	9/18/2020	USD	$	58,859,450	$	5,474,608

Swap Agreements

UltraPro Dow30^SM had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
457,830,219	12/7/2020	Bank of America NA		0.09	%	Dow Jones Industrial AverageSM		54,761,951
267,782,641	11/6/2020	BNP Paribas SA		0.71	%	Dow Jones Industrial AverageSM		12,643,595
241,342,694	1/20/2021	Citibank NA		0.41	%	Dow Jones Industrial AverageSM		9,790,690
136,630,982	11/6/2020	Credit Suisse International		0.41	%	Dow Jones Industrial AverageSM		8,458,635
2,928,295	11/8/2021	Goldman Sachs International		0.61	%	Dow Jones Industrial AverageSM		(24,470,000	)
68,232,120	1/6/2021	Morgan Stanley & Co. International plc		0.02	%	Dow Jones Industrial AverageSM		2,943,932
468,470,364	1/6/2021	Societe Generale		0.21	%	Dow Jones Industrial AverageSM		28,697,786
153,266,400	11/8/2021	UBS AG		0.66	%	Dow Jones Industrial AverageSM		3,322,670
1,796,483,715								96,149,259
						Total Unrealized Appreciation		120,619,259
						Total Unrealized Depreciation		(24,470,000	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations

USD U.S. Dollar

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 72.0%
Aerospace & Defense - 0.7%
Axon Enterprise, Inc.*		772		66,145
Curtiss-Wright Corp.		511		52,286
Hexcel Corp.		1,025		40,375
Mercury Systems, Inc.*		683		51,730
				210,536
Air Freight & Logistics - 0.3%
XPO Logistics, Inc.*		1,119		98,774
Airlines - 0.1%
JetBlue Airways Corp.*		3,312		38,154
Auto Components - 0.9%
Adient plc*		1,073		18,606
Dana, Inc.		1,775		24,761
Delphi Technologies plc*		1,061		18,430
Gentex Corp.		3,008		81,366
Goodyear Tire & Rubber Co. (The)		2,858		27,423
Lear Corp.		670		76,333
Visteon Corp.*		342		25,797
				272,716
Automobiles - 0.4%
Harley-Davidson, Inc.		1,881		52,122
Thor Industries, Inc.		678		64,024
				116,146
Banks - 4.0%
Associated Banc-Corp.		1,888		25,375
BancorpSouth Bank		1,194		25,766
Bank of Hawaii Corp.		492		27,080
Bank OZK		1,484		34,191
Cathay General Bancorp		928		22,912
CIT Group, Inc.		1,208		23,761
Commerce Bancshares, Inc.		1,233		73,450
Cullen/Frost Bankers, Inc.		699		48,553
East West Bancorp, Inc.		1,738		63,924
First Financial Bankshares, Inc.		1,745		52,830
First Horizon National Corp.		6,795		64,892
FNB Corp.		3,968		29,760
Fulton Financial Corp.		1,987		19,433
Glacier Bancorp, Inc.		1,089		38,208
Hancock Whitney Corp.		1,060		21,211
Home BancShares, Inc.		1,887		30,588
International Bancshares Corp.		683		21,569
PacWest Bancorp		1,430		27,284
Pinnacle Financial Partners, Inc.		875		34,956
Prosperity Bancshares, Inc.		1,138		62,044
Signature Bank		658		63,846
Sterling Bancorp		2,389		27,880
Synovus Financial Corp.		1,809		39,563
TCF Financial Corp.		1,868		50,212
Texas Capital Bancshares, Inc.*		619		20,049
Trustmark Corp.		778		18,267
UMB Financial Corp.		521		27,988
Umpqua Holdings Corp.		2,705		30,512
United Bankshares, Inc.		1,562		40,831
Valley National Bancorp		4,811		36,131
Webster Financial Corp.		1,107		30,442
Wintrust Financial Corp.		707		30,769
				1,164,277
Beverages - 0.4%
Boston Beer Co., Inc. (The), Class A*		118		104,074
Biotechnology - 1.0%
Arrowhead Pharmaceuticals, Inc.*		1,250		52,800
Emergent BioSolutions, Inc.*		548		62,500
Exelixis, Inc.*		3,767		83,703
Ligand Pharmaceuticals, Inc.*		197		20,094
United Therapeutics Corp.*		540		57,758
				276,855
Building Products - 1.2%
Builders FirstSource, Inc.*		1,430		43,787
Lennox International, Inc.		427		119,701
Owens Corning		1,324		89,555
Trex Co., Inc.*		710		106,138
				359,181
Capital Markets - 1.8%
Affiliated Managers Group, Inc.		580		39,817
Eaton Vance Corp.		1,400		57,428
Evercore, Inc., Class A		498		30,816
FactSet Research Systems, Inc.		466		163,287
Federated Hermes, Inc., Class B		1,178		28,166
Interactive Brokers Group, Inc., Class A		942		49,945
Janus Henderson Group plc		1,885		39,057
SEI Investments Co.		1,526		79,901
Stifel Financial Corp.		842		42,698
				531,115
Chemicals - 1.9%
Ashland Global Holdings, Inc.		742		54,678
Avient Corp.		1,122		28,633
Cabot Corp.		694		25,685
Chemours Co. (The)		2,017		41,671
Ingevity Corp.*		507		28,478
Minerals Technologies, Inc.		419		21,264
NewMarket Corp.		88		32,779
Olin Corp.		1,939		21,814
RPM International, Inc.		1,590		134,784
Scotts Miracle-Gro Co. (The)		484		81,569
Sensient Technologies Corp.		521		28,770
Valvoline, Inc.		2,272		46,349
				546,474
Commercial Services & Supplies - 1.5%
Brink's Co. (The)		620		29,983
Clean Harbors, Inc.*		628		38,371
Healthcare Services Group, Inc.		914		19,011
Herman Miller, Inc.		722		17,205
HNI Corp.		523		16,658
IAA, Inc.*		1,645		86,066
KAR Auction Services, Inc.		1,587		27,519
MSA Safety, Inc.		439		55,292
Stericycle, Inc.*		1,123		71,995
Tetra Tech, Inc.		664		61,294
				423,394
Communications Equipment - 0.9%
Ciena Corp.*		1,887		107,125
InterDigital, Inc.		378		23,115
Lumentum Holdings, Inc.*		920		79,120
NetScout Systems, Inc.*		780		18,049
ViaSat, Inc.*		718		28,548
				255,957

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited) 

Investments	Shares		Value ($)
Construction & Engineering - 0.8%
AECOM*		1,966		77,677
Dycom Industries, Inc.*		388		23,866
EMCOR Group, Inc.		673		50,482
Fluor Corp.		1,722		16,393
MasTec, Inc.*		715		33,040
Valmont Industries, Inc.		263		33,414
				234,872
Construction Materials - 0.1%
Eagle Materials, Inc.		511		41,784
Consumer Finance - 0.4%
FirstCash, Inc.		509		30,413
LendingTree, Inc.*(b)		95		29,349
Navient Corp.		2,095		19,044
SLM Corp.		4,607		35,197
				114,003
Containers & Packaging - 0.8%
AptarGroup, Inc.		789		93,410
Greif, Inc., Class A		325		11,976
O-I Glass, Inc.		1,923		20,922
Silgan Holdings, Inc.		954		36,309
Sonoco Products Co.		1,232		65,333
				227,950
Distributors - 0.6%
Pool Corp.		491		160,969
Diversified Consumer Services - 0.8%
Adtalem Global Education, Inc.*		636		21,115
Graham Holdings Co., Class B		52		22,254
Grand Canyon Education, Inc.*		581		54,637
Service Corp. International		2,188		99,882
Strategic Education, Inc.		296		30,361
WW International, Inc.*		573		13,454
				241,703
Diversified Financial Services - 0.2%
Jefferies Financial Group, Inc.		2,773		48,638
Electric Utilities - 0.9%
ALLETE, Inc.		636		34,318
Hawaiian Electric Industries, Inc.		1,341		46,412
IDACORP, Inc.		619		55,648
OGE Energy Corp.		2,458		78,312
PNM Resources, Inc.		979		42,763
				257,453
Electrical Equipment - 1.6%
Acuity Brands, Inc.		487		53,224
EnerSys		521		37,502
Generac Holdings, Inc.*		770		146,285
Hubbell, Inc.		666		96,517
nVent Electric plc		1,919		36,691
Regal Beloit Corp.		497		49,133
Sunrun, Inc.*		975		55,141
				474,493
Electronic Equipment, Instruments & Components - 2.7%
Arrow Electronics, Inc.*		967		75,967
Avnet, Inc.		1,213		33,370
Belden, Inc.		470		15,830
Cognex Corp.		2,108		145,853
Coherent, Inc.*		298		33,573
II-VI, Inc.*		1,185		52,732
Jabil, Inc.		1,685		57,543
Littelfuse, Inc.		298		53,890
National Instruments Corp.		1,443		51,789
SYNNEX Corp.		506		64,338
Trimble, Inc.*		3,067		160,741
Vishay Intertechnology, Inc.		1,628		26,032
				771,658
Energy Equipment & Services - 0.1%
ChampionX Corp.*		2,281		23,358
Transocean Ltd.*(b)		7,096		8,657
				32,015
Entertainment - 0.2%
Cinemark Holdings, Inc.		1,314		19,250
World Wrestling Entertainment, Inc., Class A		569		25,076
				44,326
Equity Real Estate Investment Trusts (REITs) - 6.6%
American Campus Communities, Inc.		1,690		57,291
Brixmor Property Group, Inc.		3,641		42,964
Camden Property Trust		1,196		108,764
CoreSite Realty Corp.		495		60,613
Corporate Office Properties Trust		1,377		33,929
Cousins Properties, Inc.		1,824		54,446
CyrusOne, Inc.		1,414		118,111
Douglas Emmett, Inc.		2,024		56,510
EastGroup Properties, Inc.		480		63,917
EPR Properties		952		30,759
First Industrial Realty Trust, Inc.		1,563		66,662
GEO Group, Inc. (The)		1,491		16,640
Healthcare Realty Trust, Inc.		1,658		47,833
Highwoods Properties, Inc.		1,276		47,544
Hudson Pacific Properties, Inc.		1,883		44,213
JBG SMITH Properties		1,444		39,955
Kilroy Realty Corp.		1,300		76,076
Lamar Advertising Co., Class A		1,061		73,453
Life Storage, Inc.		576		60,728
Macerich Co. (The)(b)		1,428		11,324
Mack-Cali Realty Corp.		1,113		14,057
Medical Properties Trust, Inc.		6,489		120,566
National Retail Properties, Inc.		2,112		74,849
Omega Healthcare Investors, Inc.		2,787		86,313
Park Hotels & Resorts, Inc.		2,893		27,455
Pebblebrook Hotel Trust		1,606		20,268
Physicians Realty Trust		2,488		45,157
PotlatchDeltic Corp.		822		37,845
PS Business Parks, Inc.		247		31,171
Rayonier, Inc.		1,700		49,776
Rexford Industrial Realty, Inc.		1,507		72,306
Sabra Health Care REIT, Inc.		2,524		37,431
Service Properties Trust		2,022		16,601
Spirit Realty Capital, Inc.		1,265		44,920
STORE Capital Corp.		2,733		73,900
Taubman Centers, Inc.		757		28,993
Urban Edge Properties		1,360		14,362
Weingarten Realty Investors		1,479		25,838
				1,933,540
Food & Staples Retailing - 0.7%
BJ's Wholesale Club Holdings, Inc.*		1,515		67,281
Casey's General Stores, Inc.		452		80,388
Grocery Outlet Holding Corp.*		781		32,123
Sprouts Farmers Market, Inc.*		1,447		33,787
				213,579

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited) 

Investments	Shares		Value ($)
Food Products - 1.4%
Darling Ingredients, Inc.*		2,015		64,419
Flowers Foods, Inc.		2,364		57,823
Hain Celestial Group, Inc. (The)*		964		31,610
Ingredion, Inc.		822		66,122
Lancaster Colony Corp.		243		43,186
Pilgrim's Pride Corp.*		636		10,176
Post Holdings, Inc.*		787		69,272
Sanderson Farms, Inc.		243		28,421
Tootsie Roll Industries, Inc.		210		6,719
TreeHouse Foods, Inc.*		693		29,667
				407,415
Gas Utilities - 1.0%
National Fuel Gas Co.		1,110		50,660
New Jersey Resources Corp.		1,176		35,445
ONE Gas, Inc.		649		48,104
Southwest Gas Holdings, Inc.		677		42,563
Spire, Inc.		630		36,672
UGI Corp.		2,558		88,328
				301,772
Health Care Equipment & Supplies - 2.3%
Avanos Medical, Inc.*		587		19,019
Cantel Medical Corp.		455		23,879
Globus Medical, Inc., Class A*		929		52,507
Haemonetics Corp.*		619		55,500
Hill-Rom Holdings, Inc.		818		76,720
ICU Medical, Inc.*		238		47,657
Integra LifeSciences Holdings Corp.*		865		41,338
LivaNova plc*		597		27,999
Masimo Corp.*		612		137,088
NuVasive, Inc.*		629		32,790
Penumbra, Inc.*		406		84,915
Quidel Corp.*		469		82,525
				681,937
Health Care Providers & Services - 2.3%
Acadia Healthcare Co., Inc.*		1,092		33,754
Amedisys, Inc.*		398		96,276
Chemed Corp.		195		100,836
Encompass Health Corp.		1,221		79,658
HealthEquity, Inc.*		933		53,629
LHC Group, Inc.*		365		76,081
MEDNAX, Inc.*		1,048		19,472
Molina Healthcare, Inc.*		727		134,473
Patterson Cos., Inc.		1,059		30,722
Tenet Healthcare Corp.*		1,286		36,239
				661,140
Hotels, Restaurants & Leisure - 2.5%
Boyd Gaming Corp.		983		26,325
Caesars Entertainment, Inc.*		1,881		86,150
Choice Hotels International, Inc.		387		38,425
Churchill Downs, Inc.		431		75,321
Cracker Barrel Old Country Store, Inc.		291		38,910
Dunkin' Brands Group, Inc.		1,008		76,689
Jack in the Box, Inc.		278		22,904
Marriott Vacations Worldwide Corp.		449		42,508
Papa John's International, Inc.		274		26,931
Penn National Gaming, Inc.*		1,587		81,096
Scientific Games Corp.*		673		13,921
Six Flags Entertainment Corp.		968		21,035
Texas Roadhouse, Inc.		800		50,392
Wendy's Co. (The)		2,188		45,817
Wyndham Destinations, Inc.		1,046		30,323
Wyndham Hotels & Resorts, Inc.		1,144		59,900
				736,647
Household Durables - 1.2%
Helen of Troy Ltd.*		310		64,114
KB Home		1,069		38,228
Taylor Morrison Home Corp., Class A*		1,591		37,436
Tempur Sealy International, Inc.*		532		45,507
Toll Brothers, Inc.		1,419		59,910
TopBuild Corp.*		410		63,058
TRI Pointe Group, Inc.*		1,600		27,008
				335,261
Household Products - 0.1%
Energizer Holdings, Inc.		782		36,199
Industrial Conglomerates - 0.3%
Carlisle Cos., Inc.		674		88,260
Insurance - 3.3%
Alleghany Corp.		176		97,602
American Financial Group, Inc.		916		61,235
Brighthouse Financial, Inc.*		1,153		35,005
Brown & Brown, Inc.		2,889		134,050
CNO Financial Group, Inc.		1,764		28,753
First American Financial Corp.		1,369		71,968
Genworth Financial, Inc., Class A*		6,181		18,667
Hanover Insurance Group, Inc. (The)		467		47,863
Kemper Corp.		753		58,478
Mercury General Corp.		333		14,895
Old Republic International Corp.		3,510		56,546
Primerica, Inc.		501		62,550
Reinsurance Group of America, Inc.		833		76,369
RenaissanceRe Holdings Ltd.		617		113,368
RLI Corp.		491		46,051
Selective Insurance Group, Inc.		734		43,900
				967,300
Interactive Media & Services - 0.2%
TripAdvisor, Inc.		1,238		28,932
Yelp, Inc.*		804		18,589
				47,521
Internet & Direct Marketing Retail - 0.9%
Etsy, Inc.*		1,457		174,403
Grubhub, Inc.*		1,130		81,755
				256,158
IT Services - 1.5%
Alliance Data Systems Corp.		521		23,502
CACI International, Inc., Class A*		308		72,131
KBR, Inc.		1,748		43,683
LiveRamp Holdings, Inc.*		803		44,840
MAXIMUS, Inc.		753		58,395
Perspecta, Inc.		1,676		34,810
Sabre Corp.		3,854		26,939
Science Applications International Corp.		607		50,660
WEX, Inc.*		535		85,445
				440,405
Leisure Products - 0.6%
Brunswick Corp.		972		60,157
Mattel, Inc.*		4,260		45,774

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited) 

Investments	Shares		Value ($)
Polaris, Inc.		707		71,435
				177,366
Life Sciences Tools & Services - 1.6%
Bio-Techne Corp.		469		119,811
Charles River Laboratories International, Inc.*		608		133,121
PRA Health Sciences, Inc.*		781		83,497
Repligen Corp.*		578		89,538
Syneos Health, Inc.*		767		48,398
				474,365
Machinery - 3.4%
AGCO Corp.		764		54,320
Colfax Corp.*		1,032		34,345
Crane Co.		605		34,207
Donaldson Co., Inc.		1,550		78,058
Graco, Inc.		2,046		118,709
ITT, Inc.		1,060		66,579
Kennametal, Inc.		1,019		29,571
Lincoln Electric Holdings, Inc.		729		70,501
Middleby Corp. (The)*		683		66,866
Nordson Corp.		630		117,489
Oshkosh Corp.		836		64,380
Terex Corp.		783		15,323
Timken Co. (The)		830		44,978
Toro Co. (The)		1,317		99,144
Trinity Industries, Inc.		1,157		23,684
Woodward, Inc.		697		59,726
				977,880
Marine - 0.1%
Kirby Corp.*		738		31,321
Media - 0.9%
AMC Networks, Inc., Class A*		498		12,096
Cable One, Inc.		64		117,781
John Wiley & Sons, Inc., Class A		536		16,964
New York Times Co. (The), Class A		1,772		76,781
TEGNA, Inc.		2,684		33,604
				257,226
Metals & Mining - 1.3%
Allegheny Technologies, Inc.*		1,555		12,953
Commercial Metals Co.		1,462		30,512
Compass Minerals International, Inc.		416		23,683
Reliance Steel & Aluminum Co.		781		81,903
Royal Gold, Inc.		805		109,738
Steel Dynamics, Inc.		2,583		76,250
United States Steel Corp.(b)		2,705		21,180
Worthington Industries, Inc.		451		18,730
				374,949
Multiline Retail - 0.3%
Nordstrom, Inc.(b)		1,331		21,296
Ollie's Bargain Outlet Holdings, Inc.*		695		66,400
				87,696
Multi-Utilities - 0.5%
Black Hills Corp.		771		43,238
MDU Resources Group, Inc.		2,463		58,176
NorthWestern Corp.		620		32,017
				133,431
Oil, Gas & Consumable Fuels - 0.9%
Antero Midstream Corp.		3,453		23,377
Cimarex Energy Co.		1,254		34,836
CNX Resources Corp.*		2,297		25,175
EQT Corp.		3,139		49,816
Equitrans Midstream Corp.		4,992		51,318
Murphy Oil Corp.		1,794		24,650
PBF Energy, Inc., Class A		1,252		10,717
World Fuel Services Corp.		778		20,539
WPX Energy, Inc.*		5,015		27,883
				268,311
Paper & Forest Products - 0.2%
Domtar Corp.		678		19,337
Louisiana-Pacific Corp.		1,378		45,391
				64,728
Personal Products - 0.2%
Edgewell Personal Care Co.*		668		19,179
Nu Skin Enterprises, Inc., Class A		638		30,158
				49,337
Pharmaceuticals - 0.9%
Catalent, Inc.*		1,997		184,723
Nektar Therapeutics*		2,186		42,277
Prestige Consumer Healthcare, Inc.*		616		22,441
				249,441
Professional Services - 0.8%
ASGN, Inc.*		644		46,220
CoreLogic, Inc.		975		64,740
FTI Consulting, Inc.*		455		52,216
Insperity, Inc.		448		30,181
ManpowerGroup, Inc.		713		52,270
				245,627
Real Estate Management & Development - 0.2%
Jones Lang LaSalle, Inc.		634		65,327
Road & Rail - 0.7%
Avis Budget Group, Inc.*		657		22,410
Knight-Swift Transportation Holdings, Inc.		1,502		68,281
Landstar System, Inc.		471		62,686
Ryder System, Inc.		660		26,994
Werner Enterprises, Inc.		704		32,391
				212,762
Semiconductors & Semiconductor Equipment - 3.7%
Cabot Microelectronics Corp.		357		54,368
Cirrus Logic, Inc.*		717		43,443
Cree, Inc.*		1,329		83,860
Enphase Energy, Inc.*		999		77,153
First Solar, Inc.*		937		71,765
MKS Instruments, Inc.		674		80,563
Monolithic Power Systems, Inc.		511		136,503
Semtech Corp.*		800		46,920
Silicon Laboratories, Inc.*		536		54,892
SolarEdge Technologies, Inc.*		610		134,901
Synaptics, Inc.*		418		35,668
Teradyne, Inc.		2,036		172,999
Universal Display Corp.		521		91,435
				1,084,470
Software - 2.8%
ACI Worldwide, Inc.*		1,424		41,837
Blackbaud, Inc.		609		38,885
CDK Global, Inc.		1,493		69,604
Ceridian HCM Holding, Inc.*		1,335		106,159
CommVault Systems, Inc.*		521		22,523
Fair Isaac Corp.*		357		150,222
J2 Global, Inc.*		557		38,984

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited) 

Investments	Shares		Value ($)
Manhattan Associates, Inc.*		779		75,758
Paylocity Holding Corp.*		441		64,937
PTC, Inc.*		1,279		116,913
Qualys, Inc.*		412		43,730
Teradata Corp.*		1,333		32,459
				802,011
Specialty Retail - 1.9%
Aaron's, Inc.		830		46,388
American Eagle Outfitters, Inc.		1,911		24,098
AutoNation, Inc.*		707		40,200
Dick's Sporting Goods, Inc.		800		43,296
Five Below, Inc.*(b)		684		74,864
Foot Locker, Inc.		1,279		38,792
Lithia Motors, Inc., Class A		271		67,468
Murphy USA, Inc.*		337		45,448
RH*		204		67,432
Sally Beauty Holdings, Inc.*		1,387		15,479
Urban Outfitters, Inc.*		865		20,362
Williams-Sonoma, Inc.		955		83,811
				567,638
Technology Hardware, Storage & Peripherals - 0.1%
NCR Corp.*		1,570		32,091
Textiles, Apparel & Luxury Goods - 0.7%
Carter's, Inc.		535		42,597
Columbia Sportswear Co.		349		29,864
Deckers Outdoor Corp.*		344		70,131
Skechers USA, Inc., Class A*		1,672		49,909
				192,501
Thrifts & Mortgage Finance - 0.4%
Essent Group Ltd.		1,359		48,516
New York Community Bancorp, Inc.		5,698		51,567
Washington Federal, Inc.		930		21,809
				121,892
Trading Companies & Distributors - 0.7%
GATX Corp.		428		28,625
MSC Industrial Direct Co., Inc., Class A		558		36,772
Univar Solutions, Inc.*		1,701		30,941
Watsco, Inc.		402		98,486
				194,824
Water Utilities - 0.4%
Essential Utilities, Inc.		2,739		116,407
Wireless Telecommunication Services - 0.1%
Telephone and Data Systems, Inc.		1,199		27,733
TOTAL COMMON STOCKS (Cost $20,470,810)				20,963,985
SECURITIES LENDING REINVESTMENTS(c) - 0.4%
INVESTMENT COMPANIES - 0.4%
BlackRock Liquidity FedFund, Institutional Class 0.01% (Cost $108,536)		108,536		108,536

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 9.1%
REPURCHASE AGREEMENTS(d) - 9.1%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $2,639,620 (Cost $2,639,618)		2,639,618		2,639,618
Total Investments - 81.5% (Cost $23,218,964)				23,712,139
Other assets less liabilities - 18.5%				5,382,131
Net Assets - 100.0%				29,094,270

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $3,574,809.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $125,975, collateralized in the form of cash with a value of $108,536 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $24,251 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 3.63%, and maturity dates ranging from October 8, 2020 – May 15, 2048; a total value of $132,787.
(c)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $108,536.
(d)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraPro MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Futures Contracts Purchased

UltraPro MidCap400 had the following open long futures contracts as of August 31, 2020:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
S&P Midcap 400 E-Mini Index	8	9/18/2020	USD	$	1,539,600	$	119,474

Swap Agreements

UltraPro MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	19,326,360	12/7/2020	Bank of America NA		0.56	%	S&P MidCap 400®		733,986
	10,075,380	11/6/2020	BNP Paribas SA		0.56	%	S&P MidCap 400®		(122,779	)
	244,671	11/6/2020	Citibank NA		0.51	%	S&P MidCap 400®		(2,299,084	)
	11,449,427	11/8/2021	Credit Suisse International		0.41	%	S&P MidCap 400®		126,064
	8,970,964	12/7/2020	Goldman Sachs International		0.56	%	S&P MidCap 400®		682,683
	4,153,620	1/6/2021	Morgan Stanley & Co. International plc		(0.01	)%	S&P MidCap 400®		204,321
	3,645,014	1/6/2021	Societe Generale		0.28	%	S&P MidCap 400®		1,698,637
	6,912,426	11/8/2021	UBS AG		0.51	%	S&P MidCap 400®		(511,560	)
	64,777,862								512,268
							Total Unrealized Appreciation		3,445,691
							Total Unrealized Depreciation		(2,933,423	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro QQQ
Schedule of Portfolio Investments
August 31, 2020 (Unaudited) 

Investments	Shares		Value ($)
COMMON STOCKS(a) - 49.7%
Automobiles - 1.9%
Tesla, Inc.*		322,690		160,802,881
Beverages - 1.0%
Monster Beverage Corp.*		183,388		15,378,918
PepsiCo, Inc.		483,151		67,670,129
				83,049,047
Biotechnology - 2.1%
Alexion Pharmaceuticals, Inc.*		76,921		8,785,917
Amgen, Inc.		204,779		51,874,616
Biogen, Inc.*		56,821		16,343,992
BioMarin Pharmaceutical, Inc.*		62,958		4,912,613
Gilead Sciences, Inc.		436,794		29,156,000
Incyte Corp.*		75,737		7,297,260
Moderna, Inc.*		135,632		8,801,160
Regeneron Pharmaceuticals, Inc.*		35,162		21,797,979
Seattle Genetics, Inc.*		60,279		9,544,577
Vertex Pharmaceuticals, Inc.*		90,293		25,202,582
				183,716,696
Commercial Services & Supplies - 0.2%
Cintas Corp.		36,232		12,073,951
Copart, Inc.*		81,724		8,443,724
				20,517,675
Communications Equipment - 0.7%
Cisco Systems, Inc.		1,470,226		62,072,942
Diversified Telecommunication Services - 0.1%
Liberty Global plc, Class A*		63,474		1,483,387
Liberty Global plc, Class C*		143,296		3,297,241
				4,780,628
Electric Utilities - 0.3%
Exelon Corp.		339,304		12,523,711
Xcel Energy, Inc.		182,876		12,705,310
				25,229,021
Electronic Equipment, Instruments & Components - 0.1%
CDW Corp.		49,550		5,631,357
Entertainment - 1.6%
Activision Blizzard, Inc.		268,284		22,407,080
Electronic Arts, Inc.*		100,489		14,015,201
NetEase, Inc., ADR		25,783		12,561,735
Netflix, Inc.*		153,174		81,114,824
Take-Two Interactive Software, Inc.*		39,638		6,785,629
				136,884,469
Food & Staples Retailing - 0.8%
Costco Wholesale Corp.		153,787		53,465,588
Walgreens Boots Alliance, Inc.		305,441		11,612,867
				65,078,455
Food Products - 0.5%
Kraft Heinz Co. (The)		425,452		14,907,838
Mondelez International, Inc., Class A		497,065		29,038,537
				43,946,375
Health Care Equipment & Supplies - 0.7%
Align Technology, Inc.*		27,414		8,141,410
DexCom, Inc.*		32,168		13,684,589
IDEXX Laboratories, Inc.*		29,562		11,560,515
Intuitive Surgical, Inc.*		40,601		29,672,835
				63,059,349
Health Care Technology - 0.1%
Cerner Corp.		105,982		7,775,899
Hotels, Restaurants & Leisure - 0.5%
Marriott International, Inc., Class A		112,910		11,619,568
Starbucks Corp.		406,800		34,362,396
				45,981,964
Interactive Media & Services - 5.9%
Alphabet, Inc., Class A*		93,942		153,081,307
Alphabet, Inc., Class C*		91,760		149,952,357
Baidu, Inc., ADR*		95,780		11,931,315
Facebook, Inc., Class A*		656,380		192,450,616
				507,415,595
Internet & Direct Marketing Retail - 6.7%
Amazon.com, Inc.*		136,164		469,896,517
Booking Holdings, Inc.*		14,282		27,285,047
eBay, Inc.		244,684		13,403,790
Expedia Group, Inc.		47,160		4,628,754
JD.com, Inc., ADR*		323,267		25,421,717
MercadoLibre, Inc.*		17,262		20,172,201
Pinduoduo, Inc., ADR*		96,297		8,564,655
Trip.com Group Ltd., ADR*		182,160		5,508,518
				574,881,199
IT Services - 1.8%
Automatic Data Processing, Inc.		149,685		20,819,687
Cognizant Technology Solutions Corp., Class A		188,237		12,585,526
Fiserv, Inc.*		233,179		23,219,965
Paychex, Inc.		124,877		9,549,344
PayPal Holdings, Inc.*		408,849		83,462,435
VeriSign, Inc.*		40,244		8,644,411
				158,281,368
Life Sciences Tools & Services - 0.2%
Illumina, Inc.*		51,217		18,295,737
Machinery - 0.1%
PACCAR, Inc.		120,373		10,332,818
Media - 1.5%
Charter Communications, Inc., Class A*		71,944		44,289,446
Comcast Corp., Class A		1,586,045		71,070,676
Fox Corp., Class A		119,324		3,324,367
Fox Corp., Class B		90,942		2,528,187
Sirius XM Holdings, Inc.		1,524,825		8,950,723
				130,163,399
Multiline Retail - 0.1%
Dollar Tree, Inc.*		82,608		7,952,672
Professional Services - 0.1%
Verisk Analytics, Inc.		56,493		10,545,548
Road & Rail - 0.2%
CSX Corp.		266,521		20,378,196
Semiconductors & Semiconductor Equipment - 5.9%
Advanced Micro Devices, Inc.*		407,849		37,040,846
Analog Devices, Inc.		128,333		14,999,561
Applied Materials, Inc.		319,100		19,656,560

UltraPro QQQ
Schedule of Portfolio Investments
August 31, 2020 (Unaudited) 

Investments	Shares	Value ($)
ASML Holding NV (Registered), NYRS	26,741	10,005,947
Broadcom, Inc.	139,209	48,326,404
Intel Corp.	1,474,289	75,115,025
KLA Corp.	53,995	11,076,534
Lam Research Corp.	50,587	17,014,432
Maxim Integrated Products, Inc.	92,817	6,352,395
Microchip Technology, Inc.	85,498	9,379,131
Micron Technology, Inc.*	387,230	17,622,837
NVIDIA Corp.	214,191	114,587,901
NXP Semiconductors NV	97,092	12,210,290
QUALCOMM, Inc.	391,738	46,655,996
Skyworks Solutions, Inc.	58,102	8,416,075
Texas Instruments, Inc.	319,546	45,423,464
Xilinx, Inc.	84,687	8,820,998
		502,704,396
Software - 8.2%
Adobe, Inc.*	167,768	86,130,413
ANSYS, Inc.*	29,857	10,121,822
Autodesk, Inc.*	76,352	18,759,686
Cadence Design Systems, Inc.*	97,158	10,775,794
Check Point Software Technologies Ltd.*	49,809	6,288,884
Citrix Systems, Inc.	42,943	6,235,324
DocuSign, Inc.*	63,733	14,212,459
Intuit, Inc.	90,792	31,358,649
Microsoft Corp.	2,070,064	466,861,533
Splunk, Inc.*	55,315	12,132,239
Synopsys, Inc.*	52,512	11,620,906
Workday, Inc., Class A*	60,618	14,530,741
Zoom Video Communications, Inc., Class A*	58,403	18,986,815
		708,015,265
Specialty Retail - 0.3%
O'Reilly Automotive, Inc.*	25,815	12,020,239
Ross Stores, Inc.*	123,705	11,267,051
Ulta Beauty, Inc.*	19,688	4,571,160
		27,858,450
Technology Hardware, Storage & Peripherals - 7.2%
Apple, Inc.	4,732,512	610,683,348
Western Digital Corp.	104,352	4,009,204
		614,692,552
Textiles, Apparel & Luxury Goods - 0.2%
Lululemon Athletica, Inc.*	43,275	16,257,119
Trading Companies & Distributors - 0.1%
Fastenal Co.	199,489	9,747,033
Wireless Telecommunication Services - 0.6%
T-Mobile US, Inc.*	430,349	50,213,121
TOTAL COMMON STOCKS (Cost $3,759,103,740)		4,276,261,226

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 1.5%
REPURCHASE AGREEMENTS(b) - 1.5%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $124,682,478 (Cost $124,682,259)	124,682,259	124,682,259
Total Investments - 51.2% (Cost $3,883,785,999)		4,400,943,485
Other assets less liabilities - 48.8%		4,189,869,443
Net Assets - 100.0%		8,590,812,928

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $1,506,152,737.
(b)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Abbreviations
ADR	American Depositary Receipt
NYRS	New York Registry Shares

UltraPro QQQ
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Futures Contracts Purchased

UltraPro QQQ had the following open long futures contracts as of August 31, 2020:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
NASDAQ 100 E-Mini Index		3,454	9/18/2020	USD	$	835,367,170	$	113,163,653

Swap Agreements

UltraPro QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
3,303,053,328	12/7/2020	Bank of America NA		(0.04	)%	NASDAQ-100 Index®		813,922,168
2,855,036,972	11/6/2020	BNP Paribas SA		0.66	%	NASDAQ-100 Index®		896,567,877
4,944,144,832	11/8/2021	Citibank NA		0.41	%	NASDAQ-100 Index®		287,531,820
4,178,264,164	11/8/2021	Credit Suisse International		0.36	%	NASDAQ-100 Index®		751,117,029
2,421,449,690	3/8/2021	Goldman Sachs International		0.66	%	NASDAQ-100 Index®		943,809,591
5,401,372	11/8/2021	J.P. Morgan Securities		0.51	%	NASDAQ-100 Index®		416,838
463,512,821	11/8/2021	Morgan Stanley & Co. International plc		0.23	%	NASDAQ-100 Index®		54,633,259
2,390,991,280	11/6/2020	Societe Generale		0.41	%	NASDAQ-100 Index®		279,764,942
100,494,589	11/8/2021	UBS AG		0.96	%	NASDAQ-100 Index®		(154,372,459	)
20,662,349,048								3,873,391,065
						Total Unrealized Appreciation		4,027,763,524
						Total Unrealized Depreciation		(154,372,459	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 81.7%
Aerospace & Defense - 0.7%
AAR Corp.		2,983		60,197
Aerojet Rocketdyne Holdings, Inc.*		6,535		270,353
AeroVironment, Inc.*		1,928		147,280
Astronics Corp.*		2,054		18,568
Cubic Corp.		2,797		131,683
Ducommun, Inc.*		959		35,838
Kaman Corp.		2,458		113,682
Kratos Defense & Security Solutions, Inc.*		9,424		184,239
Maxar Technologies, Inc.		5,378		124,501
Moog, Inc., Class A		2,764		166,642
National Presto Industries, Inc.		454		40,828
PAE, Inc.*		5,259		46,463
Park Aerospace Corp.		1,669		18,509
Parsons Corp.*		2,008		66,786
Triumph Group, Inc.		4,586		33,157
Vectrus, Inc.*		1,019		44,235
				1,502,961
Air Freight & Logistics - 0.3%
Air Transport Services Group, Inc.*		5,234		133,049
Atlas Air Worldwide Holdings, Inc.*		2,293		129,302
Echo Global Logistics, Inc.*		2,332		63,710
Forward Air Corp.		2,476		146,059
Hub Group, Inc., Class A*		2,916		156,998
Radiant Logistics, Inc.*		3,483		18,390
				647,508
Airlines - 0.2%
Allegiant Travel Co.		1,165		149,819
Hawaiian Holdings, Inc.		4,050		54,432
Mesa Air Group, Inc.*		2,623		9,600
SkyWest, Inc.		4,390		147,724
Spirit Airlines, Inc.*(b)		7,701		137,694
				499,269
Auto Components - 1.1%
Adient plc*		7,830		135,772
American Axle & Manufacturing Holdings, Inc.*		10,009		77,870
Cooper Tire & Rubber Co.		4,487		155,116
Cooper-Standard Holdings, Inc.*		1,491		27,017
Dana, Inc.		12,883		179,718
Dorman Products, Inc.*		2,371		200,800
Fox Factory Holding Corp.*		3,431		345,879
Gentherm, Inc.*		2,916		131,891
Goodyear Tire & Rubber Co. (The)		20,587		197,532
LCI Industries		2,195		249,418
Modine Manufacturing Co.*		4,410		29,856
Motorcar Parts of America, Inc.*		1,672		29,109
Standard Motor Products, Inc.		1,878		85,336
Stoneridge, Inc.*		2,314		46,743
Tenneco, Inc., Class A*		4,545		36,951
Visteon Corp.*		2,469		186,237
Workhorse Group, Inc.*(b)		5,638		102,104
XPEL, Inc.*(b)(c)		1,486		37,001
				2,254,350
Automobiles - 0.1%
Winnebago Industries, Inc.		2,774		149,741
Banks - 6.2%
1st Constitution Bancorp		804		9,785
1st Source Corp.		1,460		50,297
ACNB Corp.		753		15,828
Allegiance Bancshares, Inc.		1,684		42,807
Altabancorp		1,414		29,157
Amalgamated Bank, Class A		1,175		13,830
Amerant Bancorp, Inc.*		2,019		26,550
American National Bankshares, Inc.		949		21,390
Ameris Bancorp		5,905		144,791
Ames National Corp.		784		15,641
Arrow Financial Corp.		1,146		32,833
Atlantic Capital Bancshares, Inc.*		1,860		21,455
Atlantic Union Bankshares Corp.		6,939		161,401
Auburn National Bancorp, Inc.(b)		210		8,564
Banc of California, Inc.		3,976		43,696
BancFirst Corp.		1,671		73,524
Bancorp, Inc. (The)*		4,590		43,605
BancorpSouth Bank		8,818		190,292
Bank First Corp.(b)		559		34,882
Bank of Commerce Holdings		1,417		10,415
Bank of Marin Bancorp		1,178		37,496
Bank of NT Butterfield & Son Ltd. (The)		4,630		116,676
Bank of Princeton (The)		507		9,876
Bank7 Corp.		253		2,591
BankFinancial Corp.		1,194		8,668
BankUnited, Inc.		8,173		191,085
Bankwell Financial Group, Inc.		590		9,204
Banner Corp.		3,094		111,755
Bar Harbor Bankshares		1,370		27,756
BayCom Corp.*		1,038		12,025
BCB Bancorp, Inc.		1,294		10,540
Berkshire Hills Bancorp, Inc.		3,981		36,546
Boston Private Financial Holdings, Inc.		7,295		43,332
Bridge Bancorp, Inc.		1,486		29,735
Brookline Bancorp, Inc.		6,904		66,278
Bryn Mawr Bank Corp.		1,754		47,604
Business First Bancshares, Inc.		1,083		15,671
Byline Bancorp, Inc.		2,161		27,315
C&F Financial Corp.		308		9,847
Cadence Bancorp		11,167		106,086
California Bancorp, Inc.*		674		8,769
Cambridge Bancorp		566		31,039
Camden National Corp.		1,315		42,941
Capital Bancorp, Inc.*		707		7,360
Capital City Bank Group, Inc.		1,194		24,202
Capstar Financial Holdings, Inc.		1,423		14,500
Carter Bank & Trust		2,018		14,308
Cathay General Bancorp		6,763		166,978
CB Financial Services, Inc.		440		8,184
CBTX, Inc.		1,574		24,790
Central Pacific Financial Corp.		2,444		37,858
Central Valley Community Bancorp		941		11,320
Century Bancorp, Inc., Class A		248		17,472
Chemung Financial Corp.		321		9,216
ChoiceOne Financial Services, Inc.(b)		607		17,306
CIT Group, Inc.		8,787		172,840
Citizens & Northern Corp.		1,188		20,362
Citizens Holding Co.		416		8,915

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares	Value ($)
City Holding Co.	1,404	89,828
Civista Bancshares, Inc.	1,407	18,783
CNB Financial Corp.	1,318	21,022
Coastal Financial Corp.*	808	11,110
Codorus Valley Bancorp, Inc.	834	10,759
Colony Bankcorp, Inc.	687	7,557
Columbia Banking System, Inc.	6,393	178,429
Community Bank System, Inc.	4,573	275,157
Community Bankers Trust Corp.	1,938	9,942
Community Financial Corp. (The)	463	10,297
Community Trust Bancorp, Inc.	1,383	44,629
ConnectOne Bancorp, Inc.	3,300	49,896
County Bancorp, Inc.(b)	447	8,627
CrossFirst Bankshares, Inc.*	4,269	39,403
Customers Bancorp, Inc.*	2,554	32,615
CVB Financial Corp.	11,508	209,561
Dime Community Bancshares, Inc.	2,553	32,934
Eagle Bancorp Montana, Inc.	560	9,873
Eagle Bancorp, Inc.	2,851	82,052
Enterprise Bancorp, Inc.	801	17,406
Enterprise Financial Services Corp.	2,142	64,067
Equity Bancshares, Inc., Class A*	1,292	20,543
Esquire Financial Holdings, Inc.*	600	9,900
Evans Bancorp, Inc.	424	9,667
Farmers & Merchants Bancorp, Inc.	902	19,438
Farmers National Banc Corp.	2,310	26,935
FB Financial Corp.	2,740	73,980
Fidelity D&D Bancorp, Inc.(b)	350	15,827
Financial Institutions, Inc.	1,410	24,294
First Bancorp, Inc. (The)	902	19,195
First Bancorp/NC	2,555	52,250
First Bancorp/PR	19,166	109,821
First Bancshares, Inc. (The)	1,841	39,471
First Bank	1,463	9,539
First Busey Corp.	4,486	79,918
First Business Financial Services, Inc.	724	11,222
First Capital, Inc.(b)	290	17,710
First Choice Bancorp	923	13,060
First Commonwealth Financial Corp.	8,686	71,225
First Community Bankshares, Inc.	1,543	29,687
First Community Corp.	637	8,077
First Financial Bancorp	8,636	118,486
First Financial Bankshares, Inc.	11,494	347,981
First Financial Corp.	1,199	41,234
First Foundation, Inc.	3,512	53,347
First Guaranty Bancshares, Inc.	324	4,157
First Internet Bancorp	842	12,302
First Interstate BancSystem, Inc., Class A	3,783	124,082
First Merchants Corp.	4,807	122,963
First Mid Bancshares, Inc.	1,299	33,826
First Midwest Bancorp, Inc.	10,152	126,494
First Northwest Bancorp	797	8,847
First of Long Island Corp. (The)	2,028	31,160
First Savings Financial Group, Inc.	166	7,221
First United Corp.	598	6,847
First Western Financial, Inc.*	555	7,520
Flushing Financial Corp.	2,401	29,124
FNCB Bancorp, Inc.	1,522	8,904
Franklin Financial Services Corp.	367	8,749
Fulton Financial Corp.	14,291	139,766
FVCBankcorp, Inc.*	1,052	11,088
German American Bancorp, Inc.	2,193	62,172
Glacier Bancorp, Inc.	8,531	299,310
Great Southern Bancorp, Inc.	981	37,808
Great Western Bancorp, Inc.	4,926	68,619
Guaranty Bancshares, Inc.	621	16,425
Hancock Whitney Corp.	7,678	153,637
Hanmi Financial Corp.	2,720	25,922
HarborOne Bancorp, Inc.	4,714	40,776
Hawthorn Bancshares, Inc.	520	9,526
HBT Financial, Inc.	871	10,321
Heartland Financial USA, Inc.	3,093	106,492
Heritage Commerce Corp.	5,178	35,884
Heritage Financial Corp.	3,208	63,968
Hilltop Holdings, Inc.	6,417	132,190
Home BancShares, Inc.	13,622	220,813
HomeTrust Bancshares, Inc.	1,391	19,516
Hope Bancorp, Inc.	10,454	88,441
Horizon Bancorp, Inc.	3,808	42,573
Howard Bancorp, Inc.*	1,171	11,488
Independent Bank Corp.	2,928	184,025
Independent Bank Corp./MI	1,879	28,016
Independent Bank Group, Inc.	3,297	153,311
International Bancshares Corp.	4,752	150,068
Investar Holding Corp.	906	12,322
Investors Bancorp, Inc.	20,538	159,170
Lakeland Bancorp, Inc.	4,340	46,134
Lakeland Financial Corp.	2,161	98,736
Landmark Bancorp, Inc.	334	7,017
LCNB Corp.	1,083	15,877
Level One Bancorp, Inc.	456	7,342
Limestone Bancorp, Inc.*	449	4,827
Live Oak Bancshares, Inc.	2,496	55,361
Macatawa Bank Corp.	2,335	17,092
Mackinac Financial Corp.	796	7,976
MainStreet Bancshares, Inc.*	631	8,089
Mercantile Bank Corp.	1,407	30,729
Meridian Corp.	479	7,027
Metrocity Bankshares, Inc.	1,542	21,033
Metropolitan Bank Holding Corp.*	623	19,294
Mid Penn Bancorp, Inc.	618	11,890
Middlefield Banc Corp.(b)	533	10,127
Midland States Bancorp, Inc.	1,954	28,548
MidWestOne Financial Group, Inc.	1,306	24,801
MVB Financial Corp.	877	12,453
National Bank Holdings Corp., Class A	2,621	74,541
National Bankshares, Inc.	569	14,128
NBT Bancorp, Inc.	3,788	115,420
Nicolet Bankshares, Inc.*	832	49,937
Northeast Bank	683	12,745
Northrim Bancorp, Inc.	555	14,935
Norwood Financial Corp.	518	12,820
Oak Valley Bancorp	608	8,208
OceanFirst Financial Corp.	5,177	80,813
OFG Bancorp	4,508	57,883
Ohio Valley Banc Corp.	382	8,710
Old National Bancorp	14,601	204,122
Old Second Bancorp, Inc.	2,561	20,923
Origin Bancorp, Inc.	1,958	46,365
Orrstown Financial Services, Inc.	968	13,329
Pacific Premier Bancorp, Inc.	7,507	169,583
Park National Corp.	1,276	114,725
Parke Bancorp, Inc.	941	11,574
Partners Bancorp(b)	878	4,811

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares	Value ($)
PCB Bancorp	1,110	10,601
Peapack-Gladstone Financial Corp.	1,628	27,676
Penns Woods Bancorp, Inc.	609	12,637
Peoples Bancorp of North Carolina, Inc.	397	6,749
Peoples Bancorp, Inc.	1,643	34,733
Peoples Financial Services Corp.	622	22,666
Plumas Bancorp(b)	413	8,161
Preferred Bank	1,225	45,815
Premier Financial Bancorp, Inc.	1,161	14,884
Professional Holding Corp., Class A*	413	4,778
QCR Holdings, Inc.	1,319	39,530
RBB Bancorp	1,477	19,157
Red River Bancshares, Inc.	440	19,149
Reliant Bancorp, Inc.	1,368	19,836
Renasant Corp.	4,849	123,019
Republic Bancorp, Inc., Class A	868	26,700
Republic First Bancorp, Inc.*	4,047	8,458
Richmond Mutual Bancorp, Inc.	1,096	12,407
S&T Bancorp, Inc.	3,440	69,471
Salisbury Bancorp, Inc.	225	8,035
Sandy Spring Bancorp, Inc.	4,102	98,120
SB Financial Group, Inc.	632	8,747
Seacoast Banking Corp. of Florida*	4,598	93,064
Select Bancorp, Inc.*	1,411	10,794
ServisFirst Bancshares, Inc.	4,337	158,951
Shore Bancshares, Inc.	1,104	10,764
Sierra Bancorp	1,242	22,195
Silvergate Capital Corp., Class A*	1,373	20,499
Simmons First National Corp., Class A	9,639	164,538
SmartFinancial, Inc.	1,248	17,185
South Plains Financial, Inc.	943	13,466
South State Corp.	6,231	346,965
Southern First Bancshares, Inc.*	647	16,757
Southern National Bancorp of Virginia, Inc.	1,765	15,091
Southside Bancshares, Inc.	2,815	77,567
Spirit of Texas Bancshares, Inc.*	1,205	15,062
Stock Yards Bancorp, Inc.	1,820	78,133
Summit Financial Group, Inc.	1,015	14,971
Texas Capital Bancshares, Inc.*	4,503	145,852
Tompkins Financial Corp.	1,275	84,380
Towne Bank	5,962	105,706
TriCo Bancshares	2,354	65,182
TriState Capital Holdings, Inc.*	2,455	34,125
Triumph Bancorp, Inc.*	1,959	55,949
Trustmark Corp.	5,611	131,746
UMB Financial Corp.	3,884	208,648
United Bankshares, Inc.	11,024	288,167
United Community Banks, Inc.	6,955	126,025
United Security Bancshares	1,199	7,302
Unity Bancorp, Inc.	704	9,349
Univest Financial Corp.	2,562	41,223
Valley National Bancorp	35,479	266,447
Veritex Holdings, Inc.	4,288	77,098
Washington Trust Bancorp, Inc.	1,520	50,738
WesBanco, Inc.	5,805	128,987
West Bancorp, Inc.	1,426	25,098
Westamerica Bancorp	2,325	141,499
		12,992,563
Beverages - 0.2%
Celsius Holdings, Inc.*(b)	3,058	59,386
Coca-Cola Consolidated, Inc.	418	114,239
Craft Brew Alliance, Inc.*(b)	1,025	16,011
MGP Ingredients, Inc.	1,149	40,847
National Beverage Corp.*(b)	1,053	85,630
NewAge, Inc.*(b)	7,840	17,013
Primo Water Corp.	13,912	190,316
		523,442
Biotechnology - 8.3%
89bio, Inc.*	261	10,049
Abeona Therapeutics, Inc.*	5,307	12,471
ADMA Biologics, Inc.*(b)	5,357	13,660
Aduro Biotech, Inc.*	5,908	18,315
Adverum Biotechnologies, Inc.*	6,502	79,324
Aeglea BioTherapeutics, Inc.*	3,739	27,201
Affimed NV*	6,534	22,542
Agenus, Inc.*	12,325	53,675
Aimmune Therapeutics, Inc.*(b)	4,140	141,671
Akcea Therapeutics, Inc.*(b)	1,465	26,780
Akebia Therapeutics, Inc.*	11,589	120,642
Akero Therapeutics, Inc.*	996	32,470
Albireo Pharma, Inc.*	1,184	32,939
Alector, Inc.*	4,122	53,256
Allakos, Inc.*	2,168	194,209
Allogene Therapeutics, Inc.*	4,319	153,972
Amicus Therapeutics, Inc.*	22,639	330,529
AnaptysBio, Inc.*	1,906	33,031
Anavex Life Sciences Corp.*(b)	4,553	19,305
Anika Therapeutics, Inc.*	1,242	47,606
Apellis Pharmaceuticals, Inc.*	5,347	164,848
Applied Genetic Technologies Corp.*(b)	2,078	10,681
Applied Therapeutics, Inc.*	1,188	28,631
Aprea Therapeutics, Inc.*	639	17,317
Aptinyx, Inc.*	2,185	7,232
Aravive, Inc.*(b)	1,082	6,167
Arcturus Therapeutics Holdings, Inc.*	1,160	55,958
Arcus Biosciences, Inc.*	2,926	69,639
Arcutis Biotherapeutics, Inc.*(b)	845	21,184
Ardelyx, Inc.*	6,505	37,339
Arena Pharmaceuticals, Inc.*	5,009	349,728
Arrowhead Pharmaceuticals, Inc.*	8,938	377,541
Assembly Biosciences, Inc.*	2,731	59,727
Atara Biotherapeutics, Inc.*	5,113	68,923
Athenex, Inc.*	6,555	75,317
Athersys, Inc.*(b)	15,441	33,661
Atreca, Inc., Class A*	1,894	26,933
AVEO Pharmaceuticals, Inc.*(b)	1,209	5,755
Avid Bioservices, Inc.*	5,018	42,101
Avrobio, Inc.*	2,751	47,647
Axcella Health, Inc.*	851	4,255
Beam Therapeutics, Inc.*(b)	1,098	27,571
Beyondspring, Inc.*(b)	1,206	14,991
BioCryst Pharmaceuticals, Inc.*	13,734	56,996
Biohaven Pharmaceutical Holding Co. Ltd.*	4,202	266,365
BioSpecifics Technologies Corp.*	555	35,798
Bioxcel Therapeutics, Inc.*	942	38,387
Black Diamond Therapeutics, Inc.*(b)	1,096	31,532
Blueprint Medicines Corp.*	4,830	373,987
BrainStorm Cell Therapeutics, Inc.*(b)	2,374	29,936
Bridgebio Pharma, Inc.*	6,485	193,642

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares	Value ($)
Cabaletta Bio, Inc.*	1,150	12,133
Calithera Biosciences, Inc.*	5,855	23,596
Calyxt, Inc.*	920	5,000
CareDx, Inc.*	3,812	130,180
CASI Pharmaceuticals, Inc.*	4,793	8,196
Castle Biosciences, Inc.*	913	41,751
Catabasis Pharmaceuticals, Inc.*	1,606	10,600
Catalyst Biosciences, Inc.*	1,551	8,096
Catalyst Pharmaceuticals, Inc.*	8,640	28,339
Cellular Biomedicine Group, Inc.*	1,098	20,401
CEL-SCI Corp.*(b)	2,926	37,833
Centogene NV*	364	4,222
Checkpoint Therapeutics, Inc.*(b)	3,635	7,924
ChemoCentryx, Inc.*	3,960	211,860
Chimerix, Inc.*	4,307	12,103
Cidara Therapeutics, Inc.*(b)	2,973	9,454
Clovis Oncology, Inc.*(b)	6,438	33,542
Cohbar, Inc.*(b)(c)	2,178	2,032
Coherus Biosciences, Inc.*	5,154	97,771
Concert Pharmaceuticals, Inc.*	2,546	24,493
Constellation Pharmaceuticals, Inc.*	2,407	50,667
ContraFect Corp.*	1,199	6,559
Corbus Pharmaceuticals Holdings, Inc.*(b)	5,900	54,782
Cortexyme, Inc.*(b)	1,401	61,602
Crinetics Pharmaceuticals, Inc.*	2,401	38,488
Cue Biopharma, Inc.*	2,469	44,121
Cyclerion Therapeutics, Inc.*	1,971	13,442
Cytokinetics, Inc.*	4,983	119,393
CytomX Therapeutics, Inc.*	4,019	29,339
Deciphera Pharmaceuticals, Inc.*	3,331	149,928
Denali Therapeutics, Inc.*	5,599	178,608
DermTech, Inc.*	721	8,486
Dicerna Pharmaceuticals, Inc.*	5,785	107,138
Dyadic International, Inc.*	1,717	13,650
Dynavax Technologies Corp.*	7,963	47,619
Eagle Pharmaceuticals, Inc.*	971	38,529
Editas Medicine, Inc.*	4,939	174,001
Eidos Therapeutics, Inc.*	973	42,111
Eiger BioPharmaceuticals, Inc.*	2,098	23,435
Emergent BioSolutions, Inc.*	3,974	453,235
Enanta Pharmaceuticals, Inc.*	1,695	88,462
Enochian Biosciences, Inc.*(b)	1,226	5,002
Epizyme, Inc.*	7,943	103,259
Esperion Therapeutics, Inc.*(b)	2,305	83,211
Evelo Biosciences, Inc.*(b)	1,248	5,541
Exicure, Inc.*	5,279	10,505
Fate Therapeutics, Inc.*	5,577	203,003
Fennec Pharmaceuticals, Inc.*(b)	1,923	10,538
FibroGen, Inc.*	7,398	331,652
Five Prime Therapeutics, Inc.*	2,384	10,180
Flexion Therapeutics, Inc.*	3,049	35,551
Fortress Biotech, Inc.*	5,167	20,436
Frequency Therapeutics, Inc.*(b)	2,509	48,524
G1 Therapeutics, Inc.*	3,039	46,649
Galectin Therapeutics, Inc.*	3,310	8,772
Galera Therapeutics, Inc.*	778	6,076
Genprex, Inc.*(b)	2,539	10,054
Geron Corp.*	16,506	33,837
GlycoMimetics, Inc.*	3,010	11,107
Gossamer Bio, Inc.*	4,414	61,355
Gritstone Oncology, Inc.*	2,645	8,755
Halozyme Therapeutics, Inc.*	12,091	350,579
Harpoon Therapeutics, Inc.*	941	12,948
Heron Therapeutics, Inc.*	7,804	111,597
Homology Medicines, Inc.*	3,026	32,166
Hookipa Pharma, Inc.*	1,106	9,888
iBio, Inc.*(b)	4,278	8,941
Ideaya Biosciences, Inc.*	1,070	12,947
IGM Biosciences, Inc.*(b)	632	27,176
Immunic, Inc.*	305	4,895
ImmunoGen, Inc.*	15,296	56,595
Immunovant, Inc.*	1,702	57,800
Inovio Pharmaceuticals, Inc.*(b)	12,778	153,208
Insmed, Inc.*	9,014	254,105
Intellia Therapeutics, Inc.*	3,901	84,184
Intercept Pharmaceuticals, Inc.*	2,308	115,123
Invitae Corp.*(b)	10,278	359,319
Ironwood Pharmaceuticals, Inc.*	14,209	143,511
IVERIC bio, Inc.*	4,016	18,032
Jounce Therapeutics, Inc.*	1,535	7,429
Kadmon Holdings, Inc.*	14,363	71,815
KalVista Pharmaceuticals, Inc.*	1,215	15,917
Karuna Therapeutics, Inc.*	1,380	105,432
Karyopharm Therapeutics, Inc.*	6,243	94,956
Keros Therapeutics, Inc.*(b)	620	33,195
Kezar Life Sciences, Inc.*	2,300	11,178
Kindred Biosciences, Inc.*	3,316	16,447
Kiniksa Pharmaceuticals Ltd., Class A*	1,694	29,933
Kodiak Sciences, Inc.*	2,570	135,156
Krystal Biotech, Inc.*	1,064	50,870
Kura Oncology, Inc.*	4,722	117,531
La Jolla Pharmaceutical Co.*(b)	1,604	6,737
Lexicon Pharmaceuticals, Inc.*(b)	3,675	6,431
Ligand Pharmaceuticals, Inc.*	1,286	131,172
LogicBio Therapeutics, Inc.*(b)	1,071	6,747
MacroGenics, Inc.*	4,269	123,545
Madrigal Pharmaceuticals, Inc.*	780	84,006
Magenta Therapeutics, Inc.*	1,508	10,963
MannKind Corp.*(b)	18,949	32,971
Marker Therapeutics, Inc.*(b)	2,626	4,727
MediciNova, Inc.*(b)	3,750	19,650
MEI Pharma, Inc.*	9,198	25,019
MeiraGTx Holdings plc*	1,828	23,782
Mersana Therapeutics, Inc.*	4,084	78,249
Minerva Neurosciences, Inc.*	2,899	9,219
Mirati Therapeutics, Inc.*	3,274	489,037
Mirum Pharmaceuticals, Inc.*(b)	463	12,019
Molecular Templates, Inc.*	2,159	25,066
Momenta Pharmaceuticals, Inc.*	10,497	547,629
Morphic Holding, Inc.*(b)	1,220	32,330
Mustang Bio, Inc.*	2,550	8,339
Myriad Genetics, Inc.*	6,339	84,752
NantKwest, Inc.*(b)	2,559	18,681
Natera, Inc.*	6,212	395,767
Neoleukin Therapeutics, Inc.*	2,643	33,593
Neubase Therapeutics, Inc.*	1,538	12,350
NeuroBo Pharmaceuticals, Inc.*	381	2,316
NextCure, Inc.*	1,467	13,188
Novavax, Inc.*	5,183	571,892
Nymox Pharmaceutical Corp.*	3,511	8,848
Oncocyte Corp.*	3,851	4,814
OPKO Health, Inc.*(b)	35,413	114,738
Organogenesis Holdings, Inc.*	1,801	7,753
Orgenesis, Inc.*(b)	1,609	8,479
ORIC Pharmaceuticals, Inc.*(b)	775	19,414

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares	Value ($)
Ovid therapeutics, Inc.*	3,812	21,881
Oyster Point Pharma, Inc.*	448	10,196
Passage Bio, Inc.*	1,209	20,021
PDL BioPharma, Inc.*	10,118	33,895
Pfenex, Inc.*	3,070	38,467
PhaseBio Pharmaceuticals, Inc.*(b)	1,333	5,145
Pieris Pharmaceuticals, Inc.*	4,416	12,630
Precigen, Inc.*(b)	5,895	35,665
Precision BioSciences, Inc.*	4,064	22,921
Prevail Therapeutics, Inc.*	1,272	15,582
Principia Biopharma, Inc.*	2,620	262,026
Protagonist Therapeutics, Inc.*	2,011	45,046
Protara Therapeutics, Inc.*	179	3,831
Prothena Corp. plc*	2,739	35,497
PTC Therapeutics, Inc.*	5,501	271,887
Puma Biotechnology, Inc.*	2,720	27,989
Radius Health, Inc.*	4,048	50,114
RAPT Therapeutics, Inc.*	976	25,962
REGENXBIO, Inc.*	3,032	92,537
Replimune Group, Inc.*	1,542	41,634
Retrophin, Inc.*	3,692	72,326
REVOLUTION Medicines, Inc.*	1,305	36,984
Rhythm Pharmaceuticals, Inc.*	2,992	88,294
Rigel Pharmaceuticals, Inc.*	15,128	37,669
Rocket Pharmaceuticals, Inc.*	3,033	77,554
Rubius Therapeutics, Inc.*(b)	3,192	15,369
Sangamo Therapeutics, Inc.*	10,252	113,131
Savara, Inc.*	4,133	6,034
Scholar Rock Holding Corp.*	2,023	30,547
Selecta Biosciences, Inc.*(b)	6,038	15,699
Seres Therapeutics, Inc.*	3,912	103,629
Soleno Therapeutics, Inc.*	2,976	6,369
Solid Biosciences, Inc.*	2,199	5,256
Sorrento Therapeutics, Inc.*(b)	15,613	125,060
Spectrum Pharmaceuticals, Inc.*	10,263	43,207
Spero Therapeutics, Inc.*	1,285	13,968
SpringWorks Therapeutics, Inc.*	1,887	83,802
Stoke Therapeutics, Inc.*	1,087	31,925
Sutro Biopharma, Inc.*	1,493	14,945
Syndax Pharmaceuticals, Inc.*	2,398	39,111
Syros Pharmaceuticals, Inc.*	3,697	48,985
TCR2 Therapeutics, Inc.*	1,452	29,359
TG Therapeutics, Inc.*	8,600	213,323
Translate Bio, Inc.*	4,506	63,490
Turning Point Therapeutics, Inc.*	2,478	193,730
Twist Bioscience Corp.*	2,660	186,014
Tyme Technologies, Inc.*(b)	5,836	5,894
Ultragenyx Pharmaceutical, Inc.*	5,050	429,553
UNITY Biotechnology, Inc.*(b)	2,930	9,200
UroGen Pharma Ltd.*	1,726	43,305
Vanda Pharmaceuticals, Inc.*	4,785	49,238
Vaxart, Inc.*	3,965	23,512
VBI Vaccines, Inc.*(b)	15,290	65,135
Veracyte, Inc.*	4,451	148,263
Verastem, Inc.*(b)	14,562	18,348
Vericel Corp.*	4,002	63,432
Viela Bio, Inc.*	1,781	60,002
Viking Therapeutics, Inc.*	5,837	39,050
Vir Biotechnology, Inc.*	4,123	166,899
Voyager Therapeutics, Inc.*	2,301	27,129
vTv Therapeutics, Inc., Class A*(b)	864	1,797
X4 Pharmaceuticals, Inc.*	1,431	11,992
XBiotech, Inc.*(b)	1,271	24,047
Xencor, Inc.*	4,938	176,534
XOMA Corp.*(b)	542	10,309
Y-mAbs Therapeutics, Inc.*	2,665	114,675
Zentalis Pharmaceuticals, Inc.*	921	31,682
ZIOPHARM Oncology, Inc.*(b)	18,980	53,334
		17,349,696
Building Products - 1.3%
AAON, Inc.	3,657	208,193
Advanced Drainage Systems, Inc.	4,401	244,167
Alpha Pro Tech Ltd.*(b)	1,088	15,265
American Woodmark Corp.*	1,507	131,863
Apogee Enterprises, Inc.	2,290	47,930
Builders FirstSource, Inc.*	10,298	315,325
Caesarstone Ltd.	1,980	21,849
Cornerstone Building Brands, Inc.*	3,894	30,996
CSW Industrials, Inc.	1,253	90,529
Gibraltar Industries, Inc.*	2,903	181,278
Griffon Corp.	3,280	71,274
Insteel Industries, Inc.	1,652	30,463
JELD-WEN Holding, Inc.*	6,047	127,289
Masonite International Corp.*	2,169	198,008
Patrick Industries, Inc.	1,988	111,746
PGT Innovations, Inc.*	5,164	93,623
Quanex Building Products Corp.	2,924	49,152
Resideo Technologies, Inc.*	11,034	147,414
Simpson Manufacturing Co., Inc.	3,881	381,658
UFP Industries, Inc.	5,326	316,098
		2,814,120
Capital Markets - 1.2%
Artisan Partners Asset Management, Inc., Class A	4,839	187,318
Assetmark Financial Holdings, Inc.*	1,457	35,187
Associated Capital Group, Inc., Class A	165	6,377
B Riley Financial, Inc.	1,724	46,169
BGC Partners, Inc., Class A	27,140	68,393
Blucora, Inc.*	4,290	51,180
Brightsphere Investment Group, Inc.	5,521	76,521
Cohen & Steers, Inc.	2,177	131,709
Cowen, Inc., Class A	2,380	43,054
Diamond Hill Investment Group, Inc.	278	34,447
Donnelley Financial Solutions, Inc.*	2,674	29,147
Federated Hermes, Inc., Class B	8,599	205,602
Fidus Investment Corp.	1	7
Focus Financial Partners, Inc., Class A*	2,801	99,127
GAMCO Investors, Inc., Class A	490	6,184
Greenhill & Co., Inc.	1,261	14,148
Hamilton Lane, Inc., Class A	1,964	143,588
Houlihan Lokey, Inc.	3,942	231,001
Moelis & Co., Class A	4,705	150,137
Oppenheimer Holdings, Inc., Class A	836	20,424
Piper Sandler Cos.	1,551	117,023
PJT Partners, Inc., Class A	2,097	124,100
Pzena Investment Management, Inc., Class A	1,532	7,583
Safeguard Scientifics, Inc.	1,739	10,851
Sculptor Capital Management, Inc., Class A	1,620	20,687
Siebert Financial Corp.*(b)	904	3,417

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Silvercrest Asset Management Group, Inc., Class A		851		10,672
Stifel Financial Corp.		5,935		300,964
StoneX Group, Inc.*		1,456		82,555
Value Line, Inc.		92		2,401
Virtus Investment Partners, Inc.		656		93,086
Waddell & Reed Financial, Inc., Class A		5,737		90,358
Westwood Holdings Group, Inc.		697		7,932
WisdomTree Investments, Inc.		12,934		48,373
				2,499,722
Chemicals - 1.4%
Advanced Emissions Solutions, Inc.(b)		1,410		5,457
AdvanSix, Inc.*		2,438		31,036
AgroFresh Solutions, Inc.*		2,646		6,562
American Vanguard Corp.		2,570		36,366
Amyris, Inc.*(b)		6,251		20,503
Avient Corp.		8,138		207,682
Balchem Corp.		2,865		279,911
Chase Corp.		657		64,103
Ferro Corp.*		7,290		90,906
FutureFuel Corp.		2,303		27,866
GCP Applied Technologies, Inc.*		4,351		113,387
Hawkins, Inc.		863		43,340
HB Fuller Co.		4,583		220,763
Ingevity Corp.*		3,698		207,717
Innospec, Inc.		2,179		162,750
Intrepid Potash, Inc.*		847		7,911
Koppers Holdings, Inc.*		1,833		44,102
Kraton Corp.*		2,778		39,003
Kronos Worldwide, Inc.		1,992		24,880
Livent Corp.*		13,063		110,774
Marrone Bio Innovations, Inc.*		5,991		7,609
Minerals Technologies, Inc.		3,035		154,026
Orion Engineered Carbons SA		5,367		65,209
PQ Group Holdings, Inc.*		3,416		39,796
Quaker Chemical Corp.		1,184		224,960
Rayonier Advanced Materials, Inc.*		5,515		17,427
Sensient Technologies Corp.		3,778		208,621
Stepan Co.		1,918		221,126
Trecora Resources*		2,150		12,922
Tredegar Corp.		2,329		39,430
Trinseo SA		3,407		84,868
Tronox Holdings plc, Class A		7,970		71,411
				2,892,424
Commercial Services & Supplies - 1.8%
ABM Industries, Inc.		5,970		227,696
ACCO Brands Corp.		8,225		53,298
Advanced Disposal Services, Inc.*		6,573		198,045
Brady Corp., Class A		4,315		202,330
BrightView Holdings, Inc.*		2,779		34,126
Brink's Co. (The)		4,475		216,411
Casella Waste Systems, Inc., Class A*		4,102		230,327
CECO Environmental Corp.*		2,758		23,374
Cimpress plc*		1,583		146,744
CompX International, Inc.		147		2,014
Covanta Holding Corp.		10,558		99,668
Deluxe Corp.		3,718		105,591
Ennis, Inc.		2,283		41,847
Harsco Corp.*		6,964		98,541
Healthcare Services Group, Inc.		6,649		138,299
Heritage-Crystal Clean, Inc.*		1,350		19,818
Herman Miller, Inc.		5,252		125,155
HNI Corp.		3,797		120,935
Interface, Inc.		5,193		39,259
KAR Auction Services, Inc.		11,501		199,427
Kimball International, Inc., Class B		3,210		35,984
Knoll, Inc.		4,461		57,413
Matthews International Corp., Class A		2,715		59,459
McGrath RentCorp		2,148		142,541
NL Industries, Inc.		745		2,608
PICO Holdings, Inc.*		1,533		13,628
Pitney Bowes, Inc.		15,429		84,705
Quad/Graphics, Inc.		2,957		10,320
SP Plus Corp.*		2,049		42,025
Steelcase, Inc., Class A		7,682		80,277
Team, Inc.*		2,671		17,014
Tetra Tech, Inc.		4,800		443,088
UniFirst Corp.		1,343		258,689
US Ecology, Inc.		2,772		102,912
Viad Corp.		1,796		38,488
VSE Corp.		789		22,905
				3,734,961
Communications Equipment - 0.8%
Acacia Communications, Inc.*		3,462		233,616
ADTRAN, Inc.		4,258		47,221
Applied Optoelectronics, Inc.*(b)		1,720		20,004
CalAmp Corp.*		2,983		24,371
Calix, Inc.*		4,324		84,102
Cambium Networks Corp.*		497		6,486
Casa Systems, Inc.*		2,821		12,835
Clearfield, Inc.*		994		17,494
Comtech Telecommunications Corp.		2,164		35,922
DASAN Zhone Solutions, Inc.*		1,071		11,160
Digi International, Inc.*		2,554		34,785
Extreme Networks, Inc.*		10,377		45,347
Genasys, Inc.*		2,926		14,630
Harmonic, Inc.*		8,452		49,867
Infinera Corp.*		13,861		101,047
Inseego Corp.*(b)		6,064		69,615
InterDigital, Inc.		2,741		167,612
KVH Industries, Inc.*		1,445		12,991
NETGEAR, Inc.*		2,593		86,476
NetScout Systems, Inc.*		6,309		145,990
PCTEL, Inc.*		1,568		9,941
Plantronics, Inc.		2,985		36,895
Resonant, Inc.*(b)		4,410		11,775
Ribbon Communications, Inc.*		6,068		25,971
Viavi Solutions, Inc.*		20,348		271,341
				1,577,494
Construction & Engineering - 1.1%
Aegion Corp.*		2,699		43,683
Ameresco, Inc., Class A*		2,174		74,220
API Group Corp.*(c)		12,469		176,312
Arcosa, Inc.		4,324		200,158
Argan, Inc.		1,311		55,495
Comfort Systems USA, Inc.		3,199		162,093
Concrete Pumping Holdings, Inc.*		2,385		8,658
Construction Partners, Inc., Class A*		1,677		31,343
Dycom Industries, Inc.*		2,732		168,045
EMCOR Group, Inc.		4,841		363,123
Fluor Corp.		12,547		119,447

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Granite Construction, Inc.		4,173		77,576
Great Lakes Dredge & Dock Corp.*		5,658		53,016
HC2 Holdings, Inc.*(b)		3,898		9,745
IES Holdings, Inc.*		723		20,844
MasTec, Inc.*		5,048		233,268
MYR Group, Inc.*		1,452		56,352
Northwest Pipe Co.*		856		24,251
NV5 Global, Inc.*		946		48,974
Primoris Services Corp.		4,280		81,577
Sterling Construction Co., Inc.*		2,462		34,813
Tutor Perini Corp.*		3,632		45,582
WillScot Mobile Mini Holdings Corp.*		14,176		253,750
				2,342,325
Construction Materials - 0.1%
Forterra, Inc.*		1,692		22,419
Summit Materials, Inc., Class A*		10,490		156,196
United States Lime & Minerals, Inc.		178		16,399
US Concrete, Inc.*		1,422		37,953
				232,967
Consumer Finance - 0.6%
Atlanticus Holdings Corp.*		449		3,816
Curo Group Holdings Corp.		1,628		12,536
Encore Capital Group, Inc.*		2,779		127,667
Enova International, Inc.*		2,614		44,647
EZCORP, Inc., Class A*		4,307		23,172
FirstCash, Inc.		3,623		216,474
Green Dot Corp., Class A*		4,534		236,040
LendingClub Corp.*		6,137		32,710
Navient Corp.		17,045		154,939
Nelnet, Inc., Class A		1,576		103,212
Oportun Financial Corp.*		1,731		21,724
PRA Group, Inc.*		4,019		187,587
Regional Management Corp.*		751		13,736
World Acceptance Corp.*		442		40,218
				1,218,478
Containers & Packaging - 0.2%
Greif, Inc., Class A		2,288		84,313
Greif, Inc., Class B		537		22,033
Myers Industries, Inc.		3,192		48,838
O-I Glass, Inc.		13,956		151,841
Ranpak Holdings Corp.*		2,578		23,047
UFP Technologies, Inc.*		613		25,262
				355,334
Distributors - 0.1%
Core-Mark Holding Co., Inc.		3,978		132,945
Funko, Inc., Class A*(b)		2,140		12,497
Greenlane Holdings, Inc., Class A*		914		2,806
Weyco Group, Inc.		536		9,648
				157,896
Diversified Consumer Services - 0.6%
Adtalem Global Education, Inc.*		4,634		153,849
American Public Education, Inc.*		1,286		40,432
Aspen Group, Inc.*		1,652		21,113
Carriage Services, Inc.		1,466		32,457
Collectors Universe, Inc.		810		36,037
Franchise Group, Inc.(b)		1,707		41,924
Houghton Mifflin Harcourt Co.*		9,398		21,239
K12, Inc.*		3,555		132,282
Laureate Education, Inc., Class A*		9,577		119,904
OneSpaWorld Holdings Ltd.		4,024		27,886
Perdoceo Education Corp.*		6,164		88,577
Regis Corp.*		2,096		15,489
Strategic Education, Inc.		1,956		200,627
Universal Technical Institute, Inc.*		2,569		18,111
Vivint Smart Home, Inc.*(b)		6,213		110,281
WW International, Inc.*		4,203		98,686
				1,158,894
Diversified Financial Services - 0.2%
Alerus Financial Corp.		1,332		27,426
A-Mark Precious Metals, Inc.*		436		10,429
Banco Latinoamericano de Comercio Exterior SA, Class E		2,755		33,556
Cannae Holdings, Inc.*		7,540		284,484
GWG Holdings, Inc.*(b)		285		2,491
Marlin Business Services Corp.		745		4,992
SWK Holdings Corp.*(b)		315		4,013
				367,391
Diversified Telecommunication Services - 0.7%
Alaska Communications Systems Group, Inc.		4,618		10,344
Anterix, Inc.*		1,187		51,920
ATN International, Inc.		997		57,826
Bandwidth, Inc., Class A*		1,709		269,133
Cincinnati Bell, Inc.*		4,464		67,228
Cogent Communications Holdings, Inc.		3,784		254,512
Consolidated Communications Holdings, Inc.*		6,476		50,383
IDT Corp., Class B*		1,352		8,815
Iridium Communications, Inc.*		10,473		293,349
Liberty Latin America Ltd., Class A*		4,110		40,278
Liberty Latin America Ltd., Class C*		10,015		95,543
Ooma, Inc.*		1,849		25,220
ORBCOMM, Inc.*		6,591		26,430
Vonage Holdings Corp.*		20,623		236,133
				1,487,114
Electric Utilities - 0.6%
ALLETE, Inc.		4,640		250,374
Genie Energy Ltd., Class B		1,172		10,361
MGE Energy, Inc.		3,110		202,119
Otter Tail Corp.		3,570		138,695
PNM Resources, Inc.		7,074		308,992
Portland General Electric Co.		8,013		305,696
Spark Energy, Inc., Class A		1,054		9,686
				1,225,923
Electrical Equipment - 1.1%
Allied Motion Technologies, Inc.		652		27,769
American Superconductor Corp.*		1,959		24,605
Atkore International Group, Inc.*		4,216		112,694
AZZ, Inc.		2,319		80,539
Bloom Energy Corp., Class A*(b)		7,574		118,609
Encore Wire Corp.		1,815		93,672
EnerSys		3,785		272,444
FuelCell Energy, Inc.*(b)		18,954		53,829
LSI Industries, Inc.		2,283		15,661
Orion Energy Systems, Inc.*		2,377		15,165
Plug Power, Inc.*		31,596		410,116
Powell Industries, Inc.		799		21,565
Preformed Line Products Co.		272		14,799
Sunrun, Inc.*		10,348		585,231
Thermon Group Holdings, Inc.*		2,915		38,361
TPI Composites, Inc.*		2,701		82,948

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Ultralife Corp.*		808		5,107
Vicor Corp.*		1,585		137,943
Vivint Solar, Inc.*		4,378		135,193
				2,246,250
Electronic Equipment, Instruments & Components - 1.8%
Akoustis Technologies, Inc.*(b)		2,763		21,911
Arlo Technologies, Inc.*		6,902		39,548
Badger Meter, Inc.		2,596		160,147
Bel Fuse, Inc., Class B		885		10,638
Belden, Inc.		3,931		132,396
Benchmark Electronics, Inc.		3,248		63,693
CTS Corp.		2,835		59,251
Daktronics, Inc.		3,287		14,529
ePlus, Inc.*		1,184		90,836
Fabrinet*		3,270		228,181
FARO Technologies, Inc.*		1,580		89,270
Fitbit, Inc., Class A*		21,262		135,226
II-VI, Inc.*		8,821		392,534
Insight Enterprises, Inc.*		3,086		184,558
Intellicheck, Inc.*(b)		1,417		8,927
Iteris, Inc.*		3,588		16,397
Itron, Inc.*		3,572		212,784
Kimball Electronics, Inc.*		2,142		28,885
Knowles Corp.*		7,887		118,778
Luna Innovations, Inc.*		2,578		16,499
Methode Electronics, Inc.		3,229		91,413
MTS Systems Corp.		1,719		41,944
Napco Security Technologies, Inc.*		1,036		25,807
nLight, Inc.*		3,072		71,762
Novanta, Inc.*		3,046		326,440
OSI Systems, Inc.*		1,508		118,755
PAR Technology Corp.*(b)		1,431		53,434
PC Connection, Inc.		983		43,537
Plexus Corp.*		2,555		194,359
Powerfleet, Inc.*		2,436		13,690
Research Frontiers, Inc.*(b)		2,362		5,480
Rogers Corp.*		1,660		188,095
Sanmina Corp.*		5,981		169,262
ScanSource, Inc.*		2,252		55,602
TTM Technologies, Inc.*		8,898		101,971
Vishay Intertechnology, Inc.		11,836		189,258
Vishay Precision Group, Inc.*		1,106		27,550
Wrap Technologies, Inc.*(b)		1,018		8,857
				3,752,204
Energy Equipment & Services - 0.6%
Archrock, Inc.		11,554		75,794
Aspen Aerogels, Inc.*		1,821		15,479
Bristow Group, Inc.*		588		11,119
Cactus, Inc., Class A		4,237		93,595
ChampionX Corp.*		16,545		169,421
DMC Global, Inc.		1,294		45,846
Dril-Quip, Inc.*		3,111		103,067
Exterran Corp.*		2,320		10,672
Frank's International NV*		13,797		31,871
Helix Energy Solutions Group, Inc.*		12,703		45,477
Liberty Oilfield Services, Inc., Class A		5,605		36,152
Matrix Service Co.*		2,306		21,307
Nabors Industries Ltd.		626		25,028
National Energy Services Reunited Corp.*		1,840		13,874
Newpark Resources, Inc.*		7,913		15,430
NexTier Oilfield Solutions, Inc.*		14,407		36,306
Oceaneering International, Inc.*		8,838		47,637
Oil States International, Inc.*		5,361		23,535
Patterson-UTI Energy, Inc.		16,307		62,782
ProPetro Holding Corp.*		7,136		44,814
RPC, Inc.*		5,115		16,010
SEACOR Holdings, Inc.*		1,710		54,053
Select Energy Services, Inc., Class A*		5,258		25,081
Solaris Oilfield Infrastructure, Inc., Class A		2,564		19,948
Tidewater, Inc.*		3,598		24,718
Transocean Ltd.*(b)		52,070		63,525
US Silica Holdings, Inc.		6,563		29,271
				1,161,812
Entertainment - 0.2%
AMC Entertainment Holdings, Inc., Class A(b)		4,631		27,230
Cinemark Holdings, Inc.		9,517		139,424
Eros International plc*(b)		6,502		20,221
Gaia, Inc.*		1,044		12,215
Glu Mobile, Inc.*		11,541		91,635
IMAX Corp.*		4,407		67,736
Liberty Media Corp.-Liberty Braves, Class A*		891		17,455
Liberty Media Corp.-Liberty Braves, Class C*		3,232		62,798
LiveXLive Media, Inc.*(b)		2,670		7,209
Marcus Corp. (The)		1,996		31,277
				477,200
Equity Real Estate Investment Trusts (REITs) - 4.9%
Acadia Realty Trust		7,557		85,696
Agree Realty Corp.		4,740		317,201
Alexander & Baldwin, Inc.		6,419		77,734
Alexander's, Inc.		191		48,718
Alpine Income Property Trust, Inc.		603		8,750
American Assets Trust, Inc.		4,481		114,490
American Finance Trust, Inc.		9,724		66,464
Armada Hoffler Properties, Inc.		4,996		50,460
Bluerock Residential Growth REIT, Inc.		2,075		15,376
BRT Apartments Corp.		885		11,815
CareTrust REIT, Inc.		8,508		164,800
CatchMark Timber Trust, Inc., Class A		4,340		43,096
Chatham Lodging Trust		4,121		28,517
CIM Commercial Trust Corp.		986		10,185
City Office REIT, Inc.		4,179		33,599
Clipper Realty, Inc.		1,323		8,824
Colony Capital, Inc.*		43,234		117,164
Columbia Property Trust, Inc.		10,198		120,336
Community Healthcare Trust, Inc.		1,877		87,656
CoreCivic, Inc.		10,651		99,161
CorEnergy Infrastructure Trust, Inc.		1,222		10,922
CorePoint Lodging, Inc.		3,496		19,857
DiamondRock Hospitality Co.		17,786		94,266
Diversified Healthcare Trust		21,119		80,252
Easterly Government Properties, Inc.		6,718		162,508
EastGroup Properties, Inc.		3,441		458,204
Essential Properties Realty Trust, Inc.		8,135		138,051
Farmland Partners, Inc.(b)		2,325		15,554
Four Corners Property Trust, Inc.		6,266		158,217
Franklin Street Properties Corp.		9,249		40,973

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Front Yard Residential Corp.		4,461		43,495
GEO Group, Inc. (The)		10,490		117,068
Getty Realty Corp.		3,006		88,046
Gladstone Commercial Corp.		2,995		58,732
Gladstone Land Corp.		1,689		26,585
Global Medical REIT, Inc.		3,656		46,760
Global Net Lease, Inc.		8,029		140,508
Healthcare Realty Trust, Inc.		12,033		347,152
Hersha Hospitality Trust		3,032		19,496
Independence Realty Trust, Inc.		8,440		98,832
Industrial Logistics Properties Trust		5,782		124,718
Innovative Industrial Properties, Inc.		1,487		183,035
Investors Real Estate Trust		1,085		77,144
iStar, Inc.		6,610		81,832
Jernigan Capital, Inc.		1,989		34,290
Kite Realty Group Trust		7,396		83,131
Lexington Realty Trust		22,791		259,134
LTC Properties, Inc.		3,463		126,365
Macerich Co. (The)(b)		12,637		100,211
Mack-Cali Realty Corp.		8,100		102,303
Monmouth Real Estate Investment Corp.		8,454		122,668
National Health Investors, Inc.		3,832		238,542
National Storage Affiliates Trust		5,516		189,254
New Senior Investment Group, Inc.		7,296		31,956
NexPoint Residential Trust, Inc.		1,947		80,606
Office Properties Income Trust		4,259		101,535
One Liberty Properties, Inc.		1,423		27,265
Pebblebrook Hotel Trust		11,589		146,253
Physicians Realty Trust		18,089		328,315
Piedmont Office Realty Trust, Inc., Class A		11,239		172,069
Plymouth Industrial REIT, Inc.		1,310		17,489
PotlatchDeltic Corp.		5,836		268,689
Preferred Apartment Communities, Inc., Class A		4,234		27,944
PS Business Parks, Inc.		1,790		225,898
QTS Realty Trust, Inc., Class A		5,350		362,837
Retail Opportunity Investments Corp.		10,166		113,148
Retail Properties of America, Inc., Class A		19,096		120,496
Retail Value, Inc.		1,461		18,569
RLJ Lodging Trust		14,616		137,975
RPT Realty		7,184		42,098
Ryman Hospitality Properties, Inc.		4,493		171,453
Sabra Health Care REIT, Inc.		18,293		271,285
Safehold, Inc.		1,540		85,424
Saul Centers, Inc.		1,063		29,785
Seritage Growth Properties, Class A*(b)		3,032		42,539
Service Properties Trust		14,599		119,858
SITE Centers Corp.		13,637		102,414
STAG Industrial, Inc.		13,347		431,108
Summit Hotel Properties, Inc.		9,208		54,235
Sunstone Hotel Investors, Inc.		19,143		159,461
Tanger Factory Outlet Centers, Inc.(b)		8,063		45,878
Terreno Realty Corp.		5,939		354,202
UMH Properties, Inc.		3,263		47,444
Uniti Group, Inc.		17,209		168,992
Universal Health Realty Income Trust		1,141		76,128
Urban Edge Properties		10,334		109,127
Urstadt Biddle Properties, Inc., Class A		2,647		24,617
Washington REIT		7,346		161,171
Whitestone REIT		3,546		22,801
Xenia Hotels & Resorts, Inc.		10,088		90,590
				10,189,801
Food & Staples Retailing - 0.7%
Andersons, Inc. (The)		2,776		49,218
BJ's Wholesale Club Holdings, Inc.*		12,193		541,491
Chefs' Warehouse, Inc. (The)*		2,208		32,700
HF Foods Group, Inc.*(b)		3,165		25,130
Ingles Markets, Inc., Class A		1,272		51,389
Natural Grocers by Vitamin Cottage, Inc.		812		9,517
Performance Food Group Co.*		11,668		425,999
PriceSmart, Inc.		2,025		133,144
Rite Aid Corp.*		4,869		63,394
SpartanNash Co.		3,161		63,157
United Natural Foods, Inc.*		4,760		85,918
Village Super Market, Inc., Class A		749		19,055
Weis Markets, Inc.		851		41,895
				1,542,007
Food Products - 1.2%
Alico, Inc.		464		14,996
B&G Foods, Inc.(b)		5,680		176,875
Bridgford Foods Corp.*		150		2,488
Calavo Growers, Inc.		1,466		93,047
Cal-Maine Foods, Inc.*		2,820		108,824
Darling Ingredients, Inc.*		14,327		458,034
Farmer Bros Co.*		1,430		8,995
Fresh Del Monte Produce, Inc.		2,769		64,213
Freshpet, Inc.*		3,448		391,693
Hostess Brands, Inc.*		10,895		139,892
J & J Snack Foods Corp.		1,334		181,357
John B Sanfilippo & Son, Inc.		784		62,438
Lancaster Colony Corp.		1,687		299,814
Landec Corp.*		2,307		23,624
Limoneira Co.		1,450		20,981
Sanderson Farms, Inc.		1,795		209,943
Seneca Foods Corp., Class A*		580		27,469
Simply Good Foods Co. (The)*		7,590		188,612
Tootsie Roll Industries, Inc.		1,432		45,806
				2,519,101
Gas Utilities - 0.8%
Brookfield Infrastructure Corp., Class A		2,896		144,568
Chesapeake Utilities Corp.		1,438		117,628
New Jersey Resources Corp.		8,487		255,798
Northwest Natural Holding Co.		2,713		138,662
ONE Gas, Inc.		4,669		346,066
RGC Resources, Inc.		680		15,858
South Jersey Industries, Inc.		8,256		182,870
Southwest Gas Holdings, Inc.		4,918		309,195
Spire, Inc.		4,471		260,257
				1,770,902
Health Care Equipment & Supplies - 3.0%
Accelerate Diagnostics, Inc.*(b)		2,717		33,093
Accuray, Inc.*		7,970		18,570
Alphatec Holdings, Inc.*		3,963		23,738
AngioDynamics, Inc.*		3,266		30,586
Antares Pharma, Inc.*		14,633		41,411

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Apyx Medical Corp.*		2,976		13,660
Aspira Women's Health, Inc.*(b)		4,197		12,024
AtriCure, Inc.*		3,472		155,303
Atrion Corp.		125		78,965
Avanos Medical, Inc.*		4,240		137,376
Axogen, Inc.*		3,241		38,471
Axonics Modulation Technologies, Inc.*		2,712		114,609
Bellerophon Therapeutics, Inc.*		306		3,302
Beyond Air, Inc.*(b)		1,165		6,466
BioLife Solutions, Inc.*		648		13,815
BioSig Technologies, Inc.*(b)		1,887		13,983
Cantel Medical Corp.		3,379		177,330
Cardiovascular Systems, Inc.*		3,075		100,460
Cerus Corp.*		14,427		91,900
Chembio Diagnostics, Inc.*(b)		1,735		7,113
Co-Diagnostics, Inc.*(b)		2,308		25,157
CONMED Corp.		2,420		208,870
CryoLife, Inc.*		3,278		66,281
CryoPort, Inc.*		2,987		165,719
Cutera, Inc.*		1,492		24,424
CytoSorbents Corp.*		3,071		25,919
Electromed, Inc.*		619		7,663
FONAR Corp.*		562		14,258
GenMark Diagnostics, Inc.*		6,032		78,235
Glaukos Corp.*		3,764		180,032
Heska Corp.*		619		64,128
Inogen, Inc.*		1,641		49,607
Integer Holdings Corp.*		2,913		201,754
IntriCon Corp.*		742		9,008
Invacare Corp.		3,007		20,387
iRadimed Corp.*		515		10,918
iRhythm Technologies, Inc.*		2,409		530,414
Lantheus Holdings, Inc.*		5,906		79,259
LeMaitre Vascular, Inc.		1,478		47,710
LivaNova plc*		4,350		204,015
Meridian Bioscience, Inc.*		3,771		53,322
Merit Medical Systems, Inc.*		4,824		236,858
Mesa Laboratories, Inc.		362		89,023
Milestone Scientific, Inc.*(b)		3,121		4,682
Misonix, Inc.*		1,288		16,989
Natus Medical, Inc.*		2,995		54,389
Nemaura Medical, Inc.*		598		2,237
Neogen Corp.*		4,698		357,988
Nevro Corp.*		2,990		411,245
NuVasive, Inc.*		4,575		238,495
OraSure Technologies, Inc.*		5,550		65,046
Orthofix Medical, Inc.*		1,661		50,395
OrthoPediatrics Corp.*		1,064		53,626
PAVmed, Inc.*(b)		3,192		6,288
Pulse Biosciences, Inc.*(b)		1,220		12,066
Quotient Ltd.*(b)		5,387		27,258
Repro-Med Systems, Inc.*		2,169		18,849
Retractable Technologies, Inc.*(b)		1,182		7,470
Rockwell Medical, Inc.*(b)		6,093		7,982
SeaSpine Holdings Corp.*		2,332		31,039
Shockwave Medical, Inc.*		2,370		150,590
SI-BONE, Inc.*		2,260		49,313
Sientra, Inc.*		4,132		15,867
Silk Road Medical, Inc.*		2,829		172,512
Soliton, Inc.*		494		3,374
STAAR Surgical Co.*		4,017		192,615
Stereotaxis, Inc.*		3,934		13,848
Surgalign Holdings, Inc.*		5,055		11,222
Surmodics, Inc.*		1,180		53,395
Tactile Systems Technology, Inc.*		1,635		62,833
Tela Bio, Inc.*		483		6,883
TransMedics Group, Inc.*		1,761		31,399
Utah Medical Products, Inc.		303		24,891
Vapotherm, Inc.*		1,707		53,105
Varex Imaging Corp.*		3,346		37,107
Venus Concept, Inc.*		1,640		4,707
ViewRay, Inc.*		9,922		26,988
VolitionRX Ltd.*(b)		2,091		7,088
Wright Medical Group NV*		11,458		346,375
Zynex, Inc.*(b)		1,475		21,830
				6,157,122
Health Care Providers & Services - 2.1%
1Life Healthcare, Inc.*		1,900		55,423
AdaptHealth Corp.*		700		14,861
Addus HomeCare Corp.*		1,230		115,202
American Renal Associates Holdings, Inc.*		1,219		8,216
AMN Healthcare Services, Inc.*		4,154		223,651
Apollo Medical Holdings, Inc.*		897		16,944
Avalon GloboCare Corp.*(b)		1,713		2,432
BioTelemetry, Inc.*		2,989		118,305
Brookdale Senior Living, Inc.*		16,350		44,962
Community Health Systems, Inc.*		7,587		39,225
CorVel Corp.*		790		65,586
Covetrus, Inc.*		8,738		200,188
Cross Country Healthcare, Inc.*		3,188		20,371
Ensign Group, Inc. (The)		4,554		266,591
Enzo Biochem, Inc.*		3,955		8,424
Exagen, Inc.*(b)		426		6,143
Five Star Senior Living, Inc.*		1,682		8,696
Fulgent Genetics, Inc.*		862		25,481
Hanger, Inc.*		3,296		65,129
HealthEquity, Inc.*		6,219		357,468
InfuSystem Holdings, Inc.*		1,288		18,740
Joint Corp. (The)*		1,182		21,110
LHC Group, Inc.*		2,705		563,830
Magellan Health, Inc.*		2,082		157,108
MEDNAX, Inc.*		7,387		137,250
National HealthCare Corp.		1,118		71,217
National Research Corp.		1,202		67,312
Ontrak, Inc.*(b)		700		51,065
Option Care Health, Inc.*		3,024		35,139
Owens & Minor, Inc.		5,544		91,920
Patterson Cos., Inc.		7,554		219,142
Pennant Group, Inc. (The)*		2,308		85,488
PetIQ, Inc.*		1,832		64,450
Progyny, Inc.*(b)		2,347		67,007
Providence Service Corp. (The)*		1,076		99,627
R1 RCM, Inc.*		9,516		137,982
RadNet, Inc.*		3,809		54,926
Select Medical Holdings Corp.*		9,671		194,097
Sharps Compliance Corp.*(b)		1,271		9,704
Surgery Partners, Inc.*		2,006		38,295
Tenet Healthcare Corp.*		9,306		262,243
Tivity Health, Inc.*		3,859		63,133
Triple-S Management Corp., Class B*		2,050		38,130
US Physical Therapy, Inc.		1,128		100,279
Viemed Healthcare, Inc.*		3,060		33,262
				4,345,754

UltraPro Russell2000
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Health Care Technology - 0.9%
Allscripts Healthcare Solutions, Inc.*		14,405		128,637
Computer Programs and Systems, Inc.		1,144		31,300
Evolent Health, Inc., Class A*		6,723		96,340
Health Catalyst, Inc.*		2,873		89,580
HealthStream, Inc.*		2,297		47,582
HMS Holdings Corp.*		7,845		218,797
iCAD, Inc.*(b)		1,790		19,386
Inovalon Holdings, Inc., Class A*		6,566		162,476
Inspire Medical Systems, Inc.*		2,330		278,318
NantHealth, Inc.*(b)		2,400		7,632
NextGen Healthcare, Inc.*		4,896		64,921
Omnicell, Inc.*		3,782		252,184
OptimizeRx Corp.*		1,284		25,885
Phreesia, Inc.*		2,545		80,269
Schrodinger, Inc.*		1,230		74,366
Simulations Plus, Inc.		1,120		66,730
Tabula Rasa HealthCare, Inc.*(b)		1,823		92,244
Vocera Communications, Inc.*		2,830		79,212
				1,815,859
Hotels, Restaurants & Leisure - 2.8%
Accel Entertainment, Inc.*(b)		3,759		44,582
BBX Capital Corp.		1,112		17,125
Biglari Holdings, Inc., Class A*		6		2,793
Biglari Holdings, Inc., Class B*		82		8,126
BJ's Restaurants, Inc.		1,654		52,134
Bloomin' Brands, Inc.		7,795		111,780
Bluegreen Vacations Corp.		460		2,558
Boyd Gaming Corp.		7,238		193,834
Brinker International, Inc.		3,899		175,611
Caesars Entertainment, Inc.*		12,088		553,630
Carrols Restaurant Group, Inc.*		3,143		20,932
Century Casinos, Inc.*		2,410		14,822
Cheesecake Factory, Inc. (The)(b)		3,775		111,476
Churchill Downs, Inc.		3,384		591,388
Chuy's Holdings, Inc.*		1,475		32,804
Cracker Barrel Old Country Store, Inc.		2,133		285,203
Dave & Buster's Entertainment, Inc.(b)		4,137		68,798
Del Taco Restaurants, Inc.*		2,655		22,329
Denny's Corp.*		4,832		55,375
Dine Brands Global, Inc.		1,386		82,550
El Pollo Loco Holdings, Inc.*		1,597		28,538
Everi Holdings, Inc.*		7,234		56,136
Fiesta Restaurant Group, Inc.*		1,603		16,062
GAN Ltd.*(b)		658		13,522
Golden Entertainment, Inc.*		1,491		19,144
Hilton Grand Vacations, Inc.*		7,586		166,209
International Game Technology plc		8,850		98,500
Jack in the Box, Inc.		2,018		166,263
Kura Sushi USA, Inc., Class A*(b)		299		3,654
Lindblad Expeditions Holdings, Inc.*		2,294		22,722
Marriott Vacations Worldwide Corp.		3,606		341,381
Monarch Casino & Resort, Inc.*		1,122		51,623
Nathan's Famous, Inc.		260		13,637
Noodles & Co.*		2,782		21,171
Papa John's International, Inc.		2,883		283,370
Penn National Gaming, Inc.*		11,921		609,162
PlayAGS, Inc.*		2,367		9,468
RCI Hospitality Holdings, Inc.		767		14,665
Red Robin Gourmet Burgers, Inc.*(b)		1,140		12,654
Red Rock Resorts, Inc., Class A		5,861		100,077
Ruth's Hospitality Group, Inc.		2,363		24,280
Scientific Games Corp.*		5,087		105,225
SeaWorld Entertainment, Inc.*		4,525		92,310
Shake Shack, Inc., Class A*		3,125		213,281
Target Hospitality Corp.*		2,637		3,824
Texas Roadhouse, Inc.		5,850		368,492
Twin River Worldwide Holdings, Inc.		1,623		38,838
Wingstop, Inc.		2,639		431,213
				5,773,271
Household Durables - 1.9%
Beazer Homes USA, Inc.*		2,539		31,077
Casper Sleep, Inc.*(b)		750		6,810
Cavco Industries, Inc.*		771		147,192
Century Communities, Inc.*		2,603		92,875
Ethan Allen Interiors, Inc.		2,085		29,690
GoPro, Inc., Class A*		11,506		52,812
Green Brick Partners, Inc.*		2,116		30,132
Hamilton Beach Brands Holding Co., Class A		608		13,285
Helen of Troy Ltd.*		2,252		465,759
Hooker Furniture Corp.		1,037		25,562
Installed Building Products, Inc.*		2,037		176,852
iRobot Corp.*(b)		2,456		181,818
KB Home		7,856		280,931
La-Z-Boy, Inc.		3,968		128,960
Legacy Housing Corp.*		738		11,269
LGI Homes, Inc.*		1,984		221,930
Lifetime Brands, Inc.		1,063		10,439
Lovesac Co. (The)*		792		20,964
M/I Homes, Inc.*		2,482		105,634
MDC Holdings, Inc.		4,527		196,381
Meritage Homes Corp.*		3,311		317,955
Purple Innovation, Inc.*		1,272		24,053
Skyline Champion Corp.*		4,848		138,362
Sonos, Inc.*		7,070		99,475
Taylor Morrison Home Corp., Class A*		11,241		264,501
TopBuild Corp.*		2,947		453,249
TRI Pointe Group, Inc.*		11,539		194,778
Tupperware Brands Corp.		4,368		71,155
Turtle Beach Corp.*		1,200		23,484
Universal Electronics, Inc.*		1,202		49,378
VOXX International Corp.*		1,767		11,097
				3,877,859
Household Products - 0.2%
Central Garden & Pet Co.*		860		34,993
Central Garden & Pet Co., Class A*		3,518		130,729
Oil-Dri Corp. of America		463		16,214
WD-40 Co.		1,215		248,322
				430,258
Independent Power and Renewable Electricity Producers - 0.4%
Atlantic Power Corp.*		8,070		16,705
Brookfield Renewable Corp.		6,100		310,612
Clearway Energy, Inc., Class A		3,107		75,034
Clearway Energy, Inc., Class C		7,101		181,146
Ormat Technologies, Inc.		3,564		216,941

UltraPro Russell2000
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares	Value ($)
Sunnova Energy International, Inc.*	2,883	68,385
		868,823
Industrial Conglomerates - 0.0%(d)
Raven Industries, Inc.	3,175	78,899
Insurance - 2.0%
Ambac Financial Group, Inc.*	4,038	51,000
American Equity Investment Life Holding Co.	8,080	193,193
AMERISAFE, Inc.	1,706	113,841
Argo Group International Holdings Ltd.	2,890	107,335
BRP Group, Inc., Class A*	1,769	48,665
Citizens, Inc.*(b)	4,414	25,822
CNO Financial Group, Inc.	12,758	207,955
Crawford & Co., Class A	1,452	9,961
Donegal Group, Inc., Class A	972	14,026
eHealth, Inc.*	2,269	143,219
Employers Holdings, Inc.	2,659	86,630
Enstar Group Ltd.*	1,070	191,519
FBL Financial Group, Inc., Class A	865	32,048
FedNat Holding Co.	1,100	9,339
Genworth Financial, Inc., Class A*	44,920	135,658
Goosehead Insurance, Inc., Class A	1,149	118,071
Greenlight Capital Re Ltd., Class A*	2,573	18,706
HCI Group, Inc.	536	29,330
Heritage Insurance Holdings, Inc.	2,233	29,141
Horace Mann Educators Corp.	3,691	144,170
Independence Holding Co.	412	14,420
Investors Title Co.	116	15,783
James River Group Holdings Ltd.	2,660	129,569
Kinsale Capital Group, Inc.	1,854	384,204
MBIA, Inc.*	6,187	50,177
National General Holdings Corp.	6,072	206,752
National Western Life Group, Inc., Class A	228	50,158
NI Holdings, Inc.*	818	13,350
Palomar Holdings, Inc.*	1,718	193,017
ProAssurance Corp.	4,774	73,138
ProSight Global, Inc.*	830	7,868
Protective Insurance Corp., Class B	800	11,488
RLI Corp.	3,524	330,516
Safety Insurance Group, Inc.	1,306	94,554
Selective Insurance Group, Inc.	5,266	314,959
State Auto Financial Corp.	1,562	24,102
Stewart Information Services Corp.	2,079	88,711
Third Point Reinsurance Ltd.*	7,173	61,401
Tiptree, Inc.	2,219	12,515
Trupanion, Inc.*	2,646	165,984
United Fire Group, Inc.	1,868	47,036
United Insurance Holdings Corp.	1,810	13,702
Universal Insurance Holdings, Inc.	2,505	46,468
Vericity, Inc.	166	1,180
Watford Holdings Ltd.*	1,525	24,400
		4,085,081
Interactive Media & Services - 0.3%
Cargurus, Inc.*	7,691	187,507
Cars.com, Inc.*	6,007	52,141
DHI Group, Inc.*	4,325	10,510
Eventbrite, Inc., Class A*	5,655	60,791
EverQuote, Inc., Class A*	1,249	44,339
Liberty TripAdvisor Holdings, Inc., Class A*	6,471	18,119
Meet Group, Inc. (The)*	6,124	38,581
QuinStreet, Inc.*	4,212	55,388
TrueCar, Inc.*	9,433	44,618
Yelp, Inc.*	6,233	144,107
		656,101
Internet & Direct Marketing Retail - 0.7%
1-800-Flowers.com, Inc., Class A*	2,216	66,325
CarParts.com, Inc.*	1,878	26,386
Duluth Holdings, Inc., Class B*(b)	984	9,525
Groupon, Inc.*	2,047	65,156
Lands' End, Inc.*	1,035	13,848
Liquidity Services, Inc.*	2,475	17,845
Magnite, Inc.*	9,176	67,444
Overstock.com, Inc.*	3,579	313,163
PetMed Express, Inc.	1,741	60,517
Quotient Technology, Inc.*	7,650	66,631
RealReal, Inc. (The)*	5,552	89,165
Shutterstock, Inc.	1,732	87,154
Stamps.com, Inc.*	1,472	367,028
Stitch Fix, Inc., Class A*(b)	5,006	120,895
Waitr Holdings, Inc.*(b)	6,763	27,255
		1,398,337
IT Services - 1.7%
Brightcove, Inc.*	3,475	38,642
Cardtronics plc, Class A*	3,206	69,602
Cass Information Systems, Inc.	1,268	49,655
Conduent, Inc.*	14,689	49,649
CSG Systems International, Inc.	2,911	123,921
Endurance International Group Holdings, Inc.*	5,886	38,318
EVERTEC, Inc.	5,361	187,742
Evo Payments, Inc., Class A*	3,632	104,347
ExlService Holdings, Inc.*	2,991	190,497
GreenSky, Inc., Class A*	5,531	24,060
Grid Dynamics Holdings, Inc.*	1,934	14,350
GTT Communications, Inc.*(b)	2,836	14,123
Hackett Group, Inc. (The)	2,227	28,083
I3 Verticals, Inc., Class A*	1,317	36,731
Information Services Group, Inc.*	3,129	6,430
International Money Express, Inc.*	1,181	19,983
KBR, Inc.	12,683	316,948
Limelight Networks, Inc.*	10,334	58,594
LiveRamp Holdings, Inc.*	5,839	326,050
ManTech International Corp., Class A	2,418	180,987
MAXIMUS, Inc.	5,444	422,182
MoneyGram International, Inc.*(b)	5,520	16,118
NIC, Inc.	5,858	125,244
Paysign, Inc.*(b)	2,741	17,652
Perficient, Inc.*	2,900	124,439
Perspecta, Inc.	12,399	257,527
PFSweb, Inc.*	1,243	10,503
Priority Technology Holdings, Inc.*	679	1,324
Repay Holdings Corp.*	3,259	82,453
ServiceSource International, Inc.*(b)	7,734	11,640
StarTek, Inc.*	1,486	7,430
Sykes Enterprises, Inc.*	3,480	115,205
TTEC Holdings, Inc.	1,616	91,611
Tucows, Inc., Class A*	834	52,726
Unisys Corp.*	5,509	64,235

UltraPro Russell2000
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares	Value ($)
Verra Mobility Corp.*	11,906	125,787
Virtusa Corp.*	2,562	101,302
		3,506,090
Leisure Products - 0.6%
Acushnet Holdings Corp.	3,050	107,634
American Outdoor Brands, Inc.*	1,215	18,504
Callaway Golf Co.	8,317	173,493
Clarus Corp.	2,079	26,175
Escalade, Inc.	918	16,643
Johnson Outdoors, Inc., Class A	464	39,769
Malibu Boats, Inc., Class A*	1,828	94,782
Marine Products Corp.	637	9,205
MasterCraft Boat Holdings, Inc.*	1,650	34,502
Nautilus, Inc.*	2,638	31,260
Smith & Wesson Brands, Inc.*	4,859	88,725
Sturm Ruger & Co., Inc.	1,501	106,361
Vista Outdoor, Inc.*	5,195	100,835
YETI Holdings, Inc.*	6,604	339,314
		1,187,202
Life Sciences Tools & Services - 0.6%
Champions Oncology, Inc.*	641	5,307
ChromaDex Corp.*	3,628	17,959
Codexis, Inc.*	4,775	65,895
Fluidigm Corp.*	6,284	49,329
Harvard Bioscience, Inc.*	3,359	11,253
Luminex Corp.	3,781	100,915
Medpace Holdings, Inc.*	2,432	315,649
NanoString Technologies, Inc.*	3,365	136,215
NeoGenomics, Inc.*	9,225	359,314
Pacific Biosciences of California, Inc.*	12,955	85,503
Personalis, Inc.*	1,741	39,730
Quanterix Corp.*	1,687	60,057
		1,247,126
Machinery - 3.0%
Alamo Group, Inc.	880	97,592
Albany International Corp., Class A	2,739	142,154
Altra Industrial Motion Corp.	5,744	224,303
Astec Industries, Inc.	1,998	105,335
Barnes Group, Inc.	4,184	165,686
Blue Bird Corp.*	1,371	15,602
Chart Industries, Inc.*	3,214	211,224
CIRCOR International, Inc.*	1,778	52,718
Columbus McKinnon Corp.	2,062	75,005
Douglas Dynamics, Inc.	2,008	77,087
Eastern Co. (The)	480	10,512
Energy Recovery, Inc.*	3,375	28,721
Enerpac Tool Group Corp.	4,827	100,402
EnPro Industries, Inc.	1,843	107,852
ESCO Technologies, Inc.	2,279	204,928
Evoqua Water Technologies Corp.*	7,635	156,212
ExOne Co. (The)*(b)	1,001	12,232
Federal Signal Corp.	5,327	171,103
Franklin Electric Co., Inc.	4,100	243,376
Gencor Industries, Inc.*	814	10,265
Gorman-Rupp Co. (The)	1,567	50,066
Graham Corp.	859	11,279
Greenbrier Cos., Inc. (The)	2,871	78,062
Helios Technologies, Inc.	2,617	107,585
Hillenbrand, Inc.	6,597	209,191
Hurco Cos., Inc.	568	16,063
Hyster-Yale Materials Handling, Inc.	882	35,580
John Bean Technologies Corp.	2,789	285,900
Kadant, Inc.	1,018	118,536
Kennametal, Inc.	7,396	214,632
L B Foster Co., Class A*	898	13,425
Lindsay Corp.	965	96,432
Luxfer Holdings plc	2,540	36,119
Lydall, Inc.*	1,524	28,621
Manitowoc Co., Inc. (The)*	3,020	28,448
Mayville Engineering Co., Inc.*	647	5,532
Meritor, Inc.*	6,176	140,566
Miller Industries, Inc.	988	30,994
Mueller Industries, Inc.	4,979	147,876
Mueller Water Products, Inc., Class A	13,958	150,746
Navistar International Corp.*	4,445	142,151
NN, Inc.	3,737	17,003
Omega Flex, Inc.	260	34,252
Park-Ohio Holdings Corp.	768	12,150
Proto Labs, Inc.*	2,382	350,154
RBC Bearings, Inc.*	2,195	289,828
REV Group, Inc.	2,445	18,949
Rexnord Corp.	9,483	274,628
Shyft Group, Inc. (The)	3,037	60,649
SPX Corp.*	3,828	160,125
SPX FLOW, Inc.*	3,791	164,833
Standex International Corp.	1,096	63,393
Tennant Co.	1,627	108,147
Terex Corp.	5,994	117,303
TriMas Corp.*	3,853	97,404
Wabash National Corp.	4,710	57,509
Watts Water Technologies, Inc., Class A	2,439	233,534
Welbilt, Inc.*	11,609	85,674
		6,305,648
Marine - 0.1%
Costamare, Inc.	4,418	22,311
Eagle Bulk Shipping, Inc.*	3,934	10,386
Genco Shipping & Trading Ltd.	1,523	10,828
Matson, Inc.	3,810	152,667
Pangaea Logistics Solutions Ltd.	940	2,303
Safe Bulkers, Inc.*	4,619	5,127
Scorpio Bulkers, Inc.	481	6,720
		210,342
Media - 0.6%
AMC Networks, Inc., Class A*	3,450	83,801
Boston Omaha Corp., Class A*	1,006	16,408
Cardlytics, Inc.*	2,302	174,607
Central European Media Enterprises Ltd., Class A*	7,930	32,870
comScore, Inc.*	5,200	13,676
Daily Journal Corp.*(b)	101	27,795
Emerald Holding, Inc.	2,176	6,006
Entercom Communications Corp., Class A	10,441	15,661
Entravision Communications Corp., Class A	5,236	7,959
EW Scripps Co. (The), Class A	4,992	55,511
Fluent, Inc.*	3,722	11,538
Gannett Co., Inc.(b)	11,707	20,253
Gray Television, Inc.*	7,954	123,446
Hemisphere Media Group, Inc.*	1,460	12,994
iHeartMedia, Inc., Class A*(b)	5,330	49,143
Loral Space & Communications, Inc.	1,143	26,941

UltraPro Russell2000
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares	Value ($)
Meredith Corp.	3,531	49,434
MSG Networks, Inc., Class A*	3,546	34,538
National CineMedia, Inc.	5,542	20,007
Saga Communications, Inc., Class A	338	7,605
Scholastic Corp.	2,587	58,207
Sinclair Broadcast Group, Inc., Class A(b)	4,628	96,309
TechTarget, Inc.*	2,077	82,415
TEGNA, Inc.	19,533	244,553
Tribune Publishing Co.	1,389	15,765
WideOpenWest, Inc.*	4,658	26,783
		1,314,225
Metals & Mining - 1.3%
Alcoa Corp.*	16,681	243,876
Allegheny Technologies, Inc.*	11,299	94,121
Arconic Corp.*	8,862	197,179
Caledonia Mining Corp. plc	993	18,053
Carpenter Technology Corp.	4,228	88,915
Century Aluminum Co.*	4,497	44,385
Cleveland-Cliffs, Inc.(b)	35,175	231,452
Coeur Mining, Inc.*	21,562	182,415
Commercial Metals Co.	10,590	221,013
Compass Minerals International, Inc.	3,041	173,124
Gold Resource Corp.	5,815	23,144
Haynes International, Inc.	1,113	20,858
Hecla Mining Co.	46,472	279,761
Kaiser Aluminum Corp.	1,400	89,992
Materion Corp.	1,807	98,644
Novagold Resources, Inc.*	21,163	224,116
Olympic Steel, Inc.	813	8,943
Ryerson Holding Corp.*	1,425	7,852
Schnitzer Steel Industries, Inc., Class A	2,298	45,363
SunCoke Energy, Inc.	7,392	26,463
TimkenSteel Corp.*	4,003	15,091
United States Steel Corp.(b)	19,512	152,779
Warrior Met Coal, Inc.	4,579	70,837
Worthington Industries, Inc.	3,307	137,340
		2,695,716
Mortgage Real Estate Investment Trusts (REITs) - 1.1%
Anworth Mortgage Asset Corp.	8,727	15,098
Apollo Commercial Real Estate Finance, Inc.	13,762	123,032
Arbor Realty Trust, Inc.(b)	9,182	103,940
Ares Commercial Real Estate Corp.	2,739	27,280
Arlington Asset Investment Corp., Class A	3,247	8,832
ARMOUR Residential REIT, Inc.	5,700	55,233
Blackstone Mortgage Trust, Inc., Class A	12,264	291,515
Broadmark Realty Capital, Inc.(b)	11,456	112,269
Capstead Mortgage Corp.	8,488	52,371
Cherry Hill Mortgage Investment Corp.	1,354	12,944
Chimera Investment Corp.	17,093	151,957
Colony Credit Real Estate, Inc.	7,485	45,060
Dynex Capital, Inc.(b)	1,971	31,221
Ellington Financial, Inc.	3,675	45,790
Ellington Residential Mortgage REIT	802	9,111
Granite Point Mortgage Trust, Inc.	4,862	32,284
Great Ajax Corp.	1,842	16,799
Hannon Armstrong Sustainable Infrastructure Capital, Inc.	6,296	267,328
Invesco Mortgage Capital, Inc.(b)	16,012	48,036
KKR Real Estate Finance Trust, Inc.	2,544	46,301
Ladder Capital Corp.	9,412	70,119
MFA Financial, Inc.	40,412	108,304
New York Mortgage Trust, Inc.	33,735	89,060
Orchid Island Capital, Inc.	5,924	30,272
PennyMac Mortgage Investment Trust	8,828	151,312
Ready Capital Corp.	3,258	33,329
Redwood Trust, Inc.	10,234	70,922
TPG RE Finance Trust, Inc.	5,343	47,125
Two Harbors Investment Corp.	24,391	132,931
Western Asset Mortgage Capital Corp.(b)	4,654	10,565
		2,240,340
Multiline Retail - 0.2%
Big Lots, Inc.	3,496	164,836
Dillard's, Inc., Class A(b)	670	20,241
Macy's, Inc.(b)	27,807	193,815
		378,892
Multi-Utilities - 0.4%
Avista Corp.	5,995	220,976
Black Hills Corp.	5,601	314,104
NorthWestern Corp.	4,521	233,464
Unitil Corp.	1,315	55,493
		824,037
Oil, Gas & Consumable Fuels - 1.3%
Adams Resources & Energy, Inc.	196	4,169
Antero Resources Corp.*(b)	21,614	69,597
Arch Resources, Inc.	1,344	50,628
Ardmore Shipping Corp.	2,987	11,052
Berry Corp.	6,029	23,754
Bonanza Creek Energy, Inc.*	1,676	33,587
Brigham Minerals, Inc., Class A	2,693	31,804
Clean Energy Fuels Corp.*	11,701	30,891
CNX Resources Corp.*	16,522	181,081
Comstock Resources, Inc.*	1,782	10,264
CONSOL Energy, Inc.*	2,313	11,958
Contango Oil & Gas Co.*(b)	7,981	12,929
CVR Energy, Inc.	2,637	44,012
Delek US Holdings, Inc.	5,564	87,520
DHT Holdings, Inc.	9,926	52,509
Diamond S Shipping, Inc.*	2,436	19,951
Dorian LPG Ltd.*	3,080	25,995
Earthstone Energy, Inc., Class A*	2,072	6,071
Energy Fuels, Inc.*(b)	10,385	18,901
Evolution Petroleum Corp.	2,516	6,869
Falcon Minerals Corp.	3,436	9,655
Frontline Ltd.(b)	10,503	83,604
Golar LNG Ltd.*	8,105	83,887
Goodrich Petroleum Corp.*	822	6,781
Green Plains, Inc.*	3,041	40,689
Gulfport Energy Corp.*	14,320	10,106
International Seaways, Inc.	2,204	37,380
Kosmos Energy Ltd.	35,895	52,766
Magnolia Oil & Gas Corp., Class A*	11,159	71,864
Matador Resources Co.*(b)	9,825	95,597
Montage Resources Corp.*	1,907	9,840
NACCO Industries, Inc., Class A	333	6,827

UltraPro Russell2000
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares	Value ($)
NextDecade Corp.*(b)	1,870	2,487
Nordic American Tankers Ltd.	12,840	55,982
Overseas Shipholding Group, Inc., Class A*	5,877	12,400
Ovintiv, Inc.(b)	23,313	258,308
Par Pacific Holdings, Inc.*	3,562	30,918
PBF Energy, Inc., Class A	8,598	73,599
PDC Energy, Inc.*	8,887	134,549
Peabody Energy Corp.	5,585	14,577
Penn Virginia Corp.*	1,214	13,864
PrimeEnergy Resources Corp.*	46	3,093
Range Resources Corp.	19,068	142,247
Renewable Energy Group, Inc.*	3,404	113,796
REX American Resources Corp.*	501	30,952
Scorpio Tankers, Inc.(b)	4,553	53,908
SFL Corp. Ltd.	8,306	72,927
SM Energy Co.	10,031	24,375
Southwestern Energy Co.*	48,398	134,546
Talos Energy, Inc.*	982	7,375
Tellurian, Inc.*(b)	12,992	12,067
Uranium Energy Corp.*(b)	16,175	18,601
W&T Offshore, Inc.*(b)	8,394	18,719
Whiting Petroleum Corp.*(b)	7,544	6,031
World Fuel Services Corp.	5,564	146,890
		2,624,749
Paper & Forest Products - 0.4%
Boise Cascade Co.	3,480	159,384
Clearwater Paper Corp.*	1,432	48,201
Domtar Corp.	4,894	139,577
Louisiana-Pacific Corp.	10,044	330,849
Neenah, Inc.	1,493	66,110
P H Glatfelter Co.	3,901	58,476
Schweitzer-Mauduit International, Inc.	2,761	83,741
Verso Corp., Class A	3,126	40,982
		927,320
Personal Products - 0.3%
BellRing Brands, Inc., Class A*	3,544	68,895
Edgewell Personal Care Co.*	4,854	139,358
elf Beauty, Inc.*	2,347	45,837
Inter Parfums, Inc.	1,582	70,668
Lifevantage Corp.*	1,221	18,340
Medifast, Inc.	1,006	163,696
Nature's Sunshine Products, Inc.*	789	8,711
Revlon, Inc., Class A*(b)	613	4,487
USANA Health Sciences, Inc.*	1,031	80,841
Veru, Inc.*	4,413	12,224
		613,057
Pharmaceuticals - 1.5%
AcelRx Pharmaceuticals, Inc.*(b)	7,124	8,905
Aerie Pharmaceuticals, Inc.*	3,266	35,926
Agile Therapeutics, Inc.*(b)	6,045	19,344
AMAG Pharmaceuticals, Inc.*(b)	2,747	28,459
Amneal Pharmaceuticals, Inc.*	8,830	36,291
Amphastar Pharmaceuticals, Inc.*	3,159	64,380
ANI Pharmaceuticals, Inc.*	838	26,280
Aquestive Therapeutics, Inc.*(b)	1,769	13,904
Arvinas, Inc.*	2,604	67,574
Avenue Therapeutics, Inc.*	595	6,622
Axsome Therapeutics, Inc.*	2,468	180,929
Aytu BioScience, Inc.*(b)	2,038	2,160
BioDelivery Sciences International, Inc.*	7,908	30,920
Cara Therapeutics, Inc.*	3,665	56,808
Cassava Sciences, Inc.*(b)	2,063	6,478
Cerecor, Inc.*	2,568	6,317
Chiasma, Inc.*	3,262	17,908
Collegium Pharmaceutical, Inc.*	3,057	58,266
Corcept Therapeutics, Inc.*	8,548	108,560
CorMedix, Inc.*(b)	2,296	10,722
Cymabay Therapeutics, Inc.*	6,166	39,894
Durect Corp.*	17,608	30,550
Eloxx Pharmaceuticals, Inc.*(b)	2,371	7,315
Endo International plc*	20,167	60,703
Eton Pharmaceuticals, Inc.*(b)	1,311	10,278
Evofem Biosciences, Inc.*(b)	4,175	13,861
Evolus, Inc.*(b)	1,938	7,481
Fulcrum Therapeutics, Inc.*	1,115	8,106
Harrow Health, Inc.*	1,992	13,725
IMARA, Inc.*	441	10,249
Innoviva, Inc.*	5,649	66,150
Intersect ENT, Inc.*	2,895	58,132
Intra-Cellular Therapies, Inc.*	4,897	89,223
Kala Pharmaceuticals, Inc.*(b)	3,524	31,364
Kaleido Biosciences, Inc.*(b)	883	5,554
Lannett Co., Inc.*	2,833	14,902
Liquidia Technologies, Inc.*	1,812	9,277
Lyra Therapeutics, Inc.*	365	4,771
Mallinckrodt plc*(b)	7,543	11,918
Marinus Pharmaceuticals, Inc.*	7,544	14,635
Menlo Therapeutics, Inc.*	9,485	14,512
MyoKardia, Inc.*	4,425	484,272
NGM Biopharmaceuticals, Inc.*	2,091	38,997
Ocular Therapeutix, Inc.*	4,565	39,715
Odonate Therapeutics, Inc.*	1,165	18,815
Omeros Corp.*(b)	4,670	55,807
Optinose, Inc.*(b)	2,748	12,503
Osmotica Pharmaceuticals plc*	1,063	6,314
Pacira BioSciences, Inc.*	3,681	230,136
Paratek Pharmaceuticals, Inc.*	3,630	16,698
Phathom Pharmaceuticals, Inc.*(b)	957	35,179
Phibro Animal Health Corp., Class A	1,816	38,971
Prestige Consumer Healthcare, Inc.*	4,481	163,243
Provention Bio, Inc.*(b)	3,773	49,200
Recro Pharma, Inc.*	1,725	4,744
Relmada Therapeutics, Inc.*(b)	1,252	44,671
Revance Therapeutics, Inc.*	5,058	147,845
Satsuma Pharmaceuticals, Inc.*	818	18,839
scPharmaceuticals, Inc.*	478	4,092
SIGA Technologies, Inc.*	4,814	33,457
Strongbridge Biopharma plc*	3,162	12,142
Supernus Pharmaceuticals, Inc.*	4,343	95,503
TherapeuticsMD, Inc.*(b)	21,033	30,708
Theravance Biopharma, Inc.*	4,096	75,080
Tricida, Inc.*	2,519	26,626
Verrica Pharmaceuticals, Inc.*(b)	1,108	10,183
WaVe Life Sciences Ltd.*	1,827	22,892
Xeris Pharmaceuticals, Inc.*(b)	3,325	15,644
Zogenix, Inc.*	4,948	117,119
		3,158,748
Professional Services - 1.1%
Acacia Research Corp.*	4,236	16,076
Akerna Corp.*(b)	799	4,834
ASGN, Inc.*	4,532	325,262
Barrett Business Services, Inc.	665	38,284

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
BG Staffing, Inc.		821		7,701
CBIZ, Inc.*		4,542		110,461
CRA International, Inc.		671		28,524
Exponent, Inc.		4,573		367,921
Forrester Research, Inc.*		973		34,503
Franklin Covey Co.*		1,116		22,030
GP Strategies Corp.*		1,161		11,215
Heidrick & Struggles International, Inc.		1,709		36,966
Huron Consulting Group, Inc.*		2,016		87,454
ICF International, Inc.		1,620		110,662
Insperity, Inc.		3,229		217,538
Kelly Services, Inc., Class A		2,995		56,875
Kforce, Inc.		1,757		60,335
Korn Ferry		4,884		148,962
Mastech Digital, Inc.*		347		6,419
Mistras Group, Inc.*		1,612		7,673
Red Violet, Inc.*(b)		578		12,017
Resources Connection, Inc.		2,717		33,392
TriNet Group, Inc.*		3,667		248,769
TrueBlue, Inc.*		3,187		53,924
Upwork, Inc.*		8,260		125,800
Willdan Group, Inc.*		918		25,869
				2,199,466
Real Estate Management & Development - 0.6%
Altisource Portfolio Solutions SA*		408		4,598
American Realty Investors, Inc.*		97		820
CTO Realty Growth, Inc.		415		17,501
Cushman & Wakefield plc*		9,841		114,254
eXp World Holdings, Inc.*		2,124		94,475
Forestar Group, Inc.*		1,483		26,353
FRP Holdings, Inc.*		599		24,607
Griffin Industrial Realty, Inc.		230		12,231
Kennedy-Wilson Holdings, Inc.		10,887		155,575
Marcus & Millichap, Inc.*		2,074		58,507
Maui Land & Pineapple Co., Inc.*		600		6,996
Newmark Group, Inc., Class A		12,718		56,341
Rafael Holdings, Inc., Class B*		818		14,250
RE/MAX Holdings, Inc., Class A		1,585		55,697
Realogy Holdings Corp.*		10,209		113,116
Redfin Corp.*		8,545		406,486
RMR Group, Inc. (The), Class A		1,354		38,210
St Joe Co. (The)*		2,925		67,889
Stratus Properties, Inc.*		523		10,251
Tejon Ranch Co.*		1,865		26,688
Transcontinental Realty Investors, Inc.*		121		2,783
				1,307,628
Road & Rail - 0.5%
ArcBest Corp.		2,244		75,892
Avis Budget Group, Inc.*		4,688		159,908
Covenant Logistics Group, Inc., Class A*		1,135		20,805
Daseke, Inc.*		4,055		24,938
Heartland Express, Inc.		4,044		83,650
Hertz Global Holdings, Inc.*		7,760		11,330
Marten Transport Ltd.		5,269		95,685
PAM Transportation Services, Inc.*		160		5,840
Saia, Inc.*		2,340		314,028
Universal Logistics Holdings, Inc.		683		14,684
US Xpress Enterprises, Inc., Class A*		1,973		18,882
Werner Enterprises, Inc.		5,426		249,650
				1,075,292
Semiconductors & Semiconductor Equipment - 2.2%
Advanced Energy Industries, Inc.*		3,382		250,674
Alpha & Omega Semiconductor Ltd.*		1,807		24,485
Ambarella, Inc.*		2,946		155,254
Amkor Technology, Inc.*		8,889		108,401
Atomera, Inc.*(b)		1,276		16,218
Axcelis Technologies, Inc.*		2,911		68,787
AXT, Inc.*		3,476		19,605
Brooks Automation, Inc.		6,468		333,943
Cabot Microelectronics Corp.		2,586		393,822
CEVA, Inc.*		1,933		81,669
Cohu, Inc.		3,660		62,952
CyberOptics Corp.*		626		20,063
Diodes, Inc.*		3,774		184,398
DSP Group, Inc.*		1,952		27,992
FormFactor, Inc.*		6,797		177,606
GSI Technology, Inc.*		1,444		9,184
Ichor Holdings Ltd.*		1,970		49,565
Impinj, Inc.*		1,499		36,650
Lattice Semiconductor Corp.*		11,972		342,399
MACOM Technology Solutions Holdings, Inc.*		4,186		149,147
Maxeon Solar Technologies Ltd.*(b)		852		17,702
MaxLinear, Inc.*		5,955		145,004
NeoPhotonics Corp.*		4,297		28,618
NVE Corp.		425		22,708
Onto Innovation, Inc.*		4,224		131,958
PDF Solutions, Inc.*		2,574		53,282
Photronics, Inc.*		5,631		56,479
Pixelworks, Inc.*		3,377		7,700
Power Integrations, Inc.		5,250		293,842
Rambus, Inc.*		10,099		135,630
Semtech Corp.*		5,750		337,237
Silicon Laboratories, Inc.*		3,860		395,303
SiTime Corp.*		449		29,580
SMART Global Holdings, Inc.*		1,259		31,727
SunPower Corp.*(b)		6,812		76,226
Synaptics, Inc.*		3,029		258,465
Ultra Clean Holdings, Inc.*		3,527		86,482
Veeco Instruments, Inc.*		4,332		51,507
				4,672,264
Software - 4.6%
8x8, Inc.*		9,048		152,730
A10 Networks, Inc.*		5,494		46,974
ACI Worldwide, Inc.*		10,199		299,647
Agilysys, Inc.*		1,618		41,049
Alarm.com Holdings, Inc.*		4,032		241,396
Altair Engineering, Inc., Class A*		3,738		157,071
American Software, Inc., Class A		2,664		37,722
Appfolio, Inc., Class A*		1,424		239,275
Appian Corp.*(b)		2,924		179,066
Asure Software, Inc.*		1,198		8,062
Avaya Holdings Corp.*		8,255		128,118
Benefitfocus, Inc.*		2,581		26,687
Blackbaud, Inc.		4,400		280,940
Blackline, Inc.*		4,468		390,369
Bottomline Technologies DE, Inc.*		3,856		183,661
Box, Inc., Class A*		13,136		257,860
Cerence, Inc.*		3,274		174,177
ChannelAdvisor Corp.*		2,430		40,873

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Cloudera, Inc.*		18,240		240,950
CommVault Systems, Inc.*		3,721		160,859
Cornerstone OnDemand, Inc.*		5,399		190,423
Digimarc Corp.*(b)		1,064		17,003
Digital Turbine, Inc.*		7,334		177,409
Domo, Inc., Class B*		2,269		92,394
Ebix, Inc.(b)		2,350		54,214
eGain Corp.*		1,855		24,820
Envestnet, Inc.*		4,727		392,294
GTY Technology Holdings, Inc.*		3,946		12,884
Intelligent Systems Corp.*(b)		639		24,020
J2 Global, Inc.*		4,127		288,849
LivePerson, Inc.*		5,426		323,715
Majesco*		666		10,649
MicroStrategy, Inc., Class A*		696		100,530
Mimecast Ltd.*		5,026		247,480
Mitek Systems, Inc.*		3,564		45,227
MobileIron, Inc.*		8,571		55,969
Model N, Inc.*		3,037		119,415
OneSpan, Inc.*		2,972		64,047
Park City Group, Inc.*		1,099		5,451
Ping Identity Holding Corp.*		2,224		76,661
Progress Software Corp.		3,996		151,408
PROS Holdings, Inc.*		3,497		136,383
Q2 Holdings, Inc.*		4,417		429,730
QAD, Inc., Class A		1,030		46,844
Qualys, Inc.*		3,031		321,710
Rapid7, Inc.*		4,484		289,532
Rimini Street, Inc.*		1,827		8,002
Rosetta Stone, Inc.*		2,084		63,312
Sailpoint Technologies Holdings, Inc.*		7,840		307,563
Sapiens International Corp. NV		2,283		76,572
SeaChange International, Inc.*		2,684		3,597
SecureWorks Corp., Class A*		795		10,279
ShotSpotter, Inc.*		716		21,451
Smith Micro Software, Inc.*(b)		2,976		11,428
Sprout Social, Inc., Class A*		708		27,435
SPS Commerce, Inc.*		3,128		249,865
SVMK, Inc.*		10,617		264,257
Synchronoss Technologies, Inc.*		3,555		15,606
Telenav, Inc.*		2,947		13,527
Tenable Holdings, Inc.*		6,105		229,792
Upland Software, Inc.*		2,032		79,695
Varonis Systems, Inc.*		2,775		342,796
Verint Systems, Inc.*		5,704		271,282
Veritone, Inc.*(b)		2,044		16,904
VirnetX Holding Corp.(b)		5,635		28,006
Workiva, Inc.*		3,420		201,780
Xperi Holding Corp.		9,561		119,799
Yext, Inc.*		9,003		178,800
Zix Corp.*		4,865		29,482
Zuora, Inc., Class A*		8,699		118,219
				9,675,996
Specialty Retail - 2.2%
Aaron's, Inc.		6,005		335,619
Abercrombie & Fitch Co., Class A		5,480		71,295
American Eagle Outfitters, Inc.		13,428		169,327
America's Car-Mart, Inc.*		545		54,773
Asbury Automotive Group, Inc.*		1,715		181,430
At Home Group, Inc.*		4,258		81,370
Bed Bath & Beyond, Inc.*(b)		11,295		137,573
Boot Barn Holdings, Inc.*		2,541		71,732
Buckle, Inc. (The)		2,580		48,349
Caleres, Inc.		3,416		26,679
Camping World Holdings, Inc., Class A		2,922		84,913
Cato Corp. (The), Class A		1,862		14,896
Chico's FAS, Inc.		10,581		13,544
Children's Place, Inc. (The)		1,257		25,096
Citi Trends, Inc.		972		18,789
Conn's, Inc.*		1,555		19,873
Container Store Group, Inc. (The)*		1,415		6,014
Designer Brands, Inc., Class A		5,489		38,697
Envela Corp.*(b)		686		2,662
Express, Inc.*(b)		5,661		6,284
GameStop Corp., Class A*(b)		5,093		34,021
Genesco, Inc.*		1,261		24,590
Group 1 Automotive, Inc.		1,551		134,068
GrowGeneration Corp.*(b)		2,555		40,765
Guess?, Inc.		3,890		44,735
Haverty Furniture Cos., Inc.		1,500		31,680
Hibbett Sports, Inc.*		1,470		49,054
Hudson Ltd., Class A*		3,526		26,586
Lithia Motors, Inc., Class A		1,964		488,957
Lumber Liquidators Holdings, Inc.*		2,543		61,007
MarineMax, Inc.*		1,837		54,026
Michaels Cos., Inc. (The)*		6,634		74,633
Monro, Inc.		2,937		135,366
Murphy USA, Inc.*		2,456		331,216
National Vision Holdings, Inc.*		7,164		269,151
ODP Corp. (The)		4,648		108,670
OneWater Marine, Inc., Class A*(b)		414		11,832
Rent-A-Center, Inc.		4,315		132,471
RH*		1,489		492,189
Sally Beauty Holdings, Inc.*		10,045		112,102
Shoe Carnival, Inc.		828		27,225
Signet Jewelers Ltd.		4,645		80,219
Sleep Number Corp.*		2,411		115,728
Sonic Automotive, Inc., Class A		2,125		89,803
Sportsman's Warehouse Holdings, Inc.*		3,809		59,782
Tilly's, Inc., Class A		1,975		12,522
Urban Outfitters, Inc.*		6,144		144,630
Winmark Corp.		261		40,311
Zumiez, Inc.*		1,862		47,816
				4,684,070
Technology Hardware, Storage & Peripherals - 0.1%
3D Systems Corp.*(b)		10,309		56,596
Avid Technology, Inc.*		2,781		22,526
Diebold Nixdorf, Inc.*		6,250		52,125
Eastman Kodak Co.*(b)		1,372		8,205
Immersion Corp.*		1,580		15,026
Intevac, Inc.*		2,060		12,360
Quantum Corp.*		2,606		14,229
Super Micro Computer, Inc.*		3,960		108,464
				289,531
Textiles, Apparel & Luxury Goods - 0.7%
Crocs, Inc.*		5,945		237,265
Deckers Outdoor Corp.*		2,492		508,044
Fossil Group, Inc.*		4,118		26,499
G-III Apparel Group Ltd.*		3,918		43,333
Kontoor Brands, Inc.		4,587		101,373
Lakeland Industries, Inc.*(b)		682		13,933
Movado Group, Inc.		1,400		15,274
Oxford Industries, Inc.		1,460		72,314
Rocky Brands, Inc.		613		14,761

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Steven Madden Ltd.		7,337		155,251
Superior Group of Cos., Inc.		957		22,145
Unifi, Inc.*		1,222		14,945
Vera Bradley, Inc.*		1,824		9,612
Wolverine World Wide, Inc.		7,110		177,608
				1,412,357
Thrifts & Mortgage Finance - 1.3%
Axos Financial, Inc.*		5,148		127,568
Bogota Financial Corp.*(b)		515		3,641
Bridgewater Bancshares, Inc.*		1,962		19,071
Capitol Federal Financial, Inc.		11,816		110,362
Columbia Financial, Inc.*		4,379		46,724
ESSA Bancorp, Inc.		835		10,688
Essent Group Ltd.		9,664		345,005
Federal Agricultural Mortgage Corp., Class C		809		55,133
Flagstar Bancorp, Inc.		3,179		99,884
FS Bancorp, Inc.		341		13,510
Greene County Bancorp, Inc.		272		6,381
Hingham Institution For Savings (The)		125		22,920
Home Bancorp, Inc.		689		16,646
HomeStreet, Inc.		2,041		55,862
Kearny Financial Corp.		6,733		52,248
Luther Burbank Corp.		1,650		15,329
Merchants Bancorp		778		15,856
Meridian Bancorp, Inc.		4,167		48,504
Meta Financial Group, Inc.		2,968		57,223
MMA Capital Holdings, Inc.*		423		9,932
Mr Cooper Group, Inc.*		6,816		124,903
NMI Holdings, Inc., Class A*		5,946		101,974
Northfield Bancorp, Inc.		3,941		38,070
Northwest Bancshares, Inc.		10,438		105,528
Oconee Federal Financial Corp.(b)		93		2,442
OP Bancorp		1,086		6,625
PCSB Financial Corp.		1,318		16,712
PDL Community Bancorp*		668		5,418
PennyMac Financial Services, Inc.		4,137		218,103
Pioneer Bancorp, Inc.*		1,034		8,313
Premier Financial Corp.		3,296		60,234
Provident Bancorp, Inc.		769		5,983
Provident Financial Holdings, Inc.		533		6,348
Provident Financial Services, Inc.		5,418		71,409
Prudential Bancorp, Inc.		766		7,576
Radian Group, Inc.		17,046		263,190
Riverview Bancorp, Inc.		1,923		7,942
Security National Financial Corp., Class A*		848		5,359
Southern Missouri Bancorp, Inc.		684		16,197
Standard AVB Financial Corp.		345		6,365
Sterling Bancorp, Inc.		1,457		4,327
Territorial Bancorp, Inc.		700		14,812
Timberland Bancorp, Inc.		664		11,613
TrustCo Bank Corp.		8,434		50,267
Walker & Dunlop, Inc.		2,519		137,991
Washington Federal, Inc.		6,723		157,654
Waterstone Financial, Inc.		2,022		31,321
Western New England Bancorp, Inc.		2,032		10,404
WSFS Financial Corp.		4,469		130,942
				2,760,509
Tobacco - 0.1%
Turning Point Brands, Inc.		766		22,137
Universal Corp.		2,163		93,896
Vector Group Ltd.		12,013		120,971
				237,004
Trading Companies & Distributors - 1.2%
Alta Equipment Group, Inc.*(b)		1,516		12,659
Applied Industrial Technologies, Inc.		3,443		207,303
Beacon Roofing Supply, Inc.*		4,862		164,773
BMC Stock Holdings, Inc.*		5,987		239,001
CAI International, Inc.*		1,463		31,908
DXP Enterprises, Inc.*		1,460		28,090
EVI Industries, Inc.*(b)		431		10,585
Foundation Building Materials, Inc.*		1,816		29,474
GATX Corp.		3,102		207,462
General Finance Corp.*		933		6,046
GMS, Inc.*		3,709		98,251
H&E Equipment Services, Inc.		2,853		57,802
Herc Holdings, Inc.*		2,166		88,698
Lawson Products, Inc.*		394		14,145
MRC Global, Inc.*		6,994		39,796
Nesco Holdings, Inc.*		1,179		4,716
NOW, Inc.*		9,753		70,904
Rush Enterprises, Inc., Class A		2,390		115,485
Rush Enterprises, Inc., Class B		395		16,507
SiteOne Landscape Supply, Inc.*		3,912		489,196
Systemax, Inc.		1,104		24,498
Textainer Group Holdings Ltd.*		4,734		55,577
Titan Machinery, Inc.*		1,695		22,882
Transcat, Inc.*		619		18,205
Triton International Ltd.		4,546		163,929
Veritiv Corp.*		1,148		19,952
WESCO International, Inc.*		4,371		204,781
Willis Lease Finance Corp.*		261		5,580
				2,448,205
Water Utilities - 0.4%
American States Water Co.		3,285		249,923
Artesian Resources Corp., Class A		716		25,196
Cadiz, Inc.*(b)		1,776		18,577
California Water Service Group		4,340		196,776
Consolidated Water Co. Ltd.		1,290		15,519
Global Water Resources, Inc.		1,138		12,575
Middlesex Water Co.		1,518		97,349
Pure Cycle Corp.*		1,728		16,865
SJW Group		2,351		147,008
York Water Co. (The)		1,156		52,725
				832,513
Wireless Telecommunication Services - 0.2%
Boingo Wireless, Inc.*		3,900		50,661
Gogo, Inc.*(b)		5,106		26,245
Shenandoah Telecommunications Co.		4,292		237,347
Spok Holdings, Inc.		1,575		17,073
				331,326
TOTAL COMMON STOCKS (Cost $157,791,743)				170,290,867

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
PREFERRED STOCKS - 0.0%(d)
Trading Companies & Distributors - 0.0%(d)
WESCO International, Inc., Series A(US Treasury Yield Curve Rate T Note Constant Maturity 5 Year + 10.33%),  10.63%, 06/22/25*(e)(f) (Cost $79)		3		83

Investments	Number of Rights		Value ($)
RIGHTS - 0.0%
Biotechnology - 0.0%
Oncternal Therapeutics, Inc., CVR*(g)(h)		23		—
Tobira Therapeutics, Inc., CVR*(g)(h)		218		—
				—
Pharmaceuticals - 0.0%
Omthera Pharmaceuticals, Inc., CVR*(g)(h)		363		—
TOTAL RIGHTS (Cost $–)				—

Investments	Shares		Value ($)
SECURITIES LENDING REINVESTMENTS(i) - 2.0%
INVESTMENT COMPANIES - 2.0%
BlackRock Liquidity FedFund, Institutional Class 0.01% (Cost $4,120,630)		4,120,630		4,120,630

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 20.8%
REPURCHASE AGREEMENTS(j) - 20.8%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $43,325,186
(Cost $43,325,110)		43,325,110		43,325,110
Total Investments - 104.5%  (Cost $205,237,562)				217,736,690
Liabilities in excess of other assets - (4.5%)				(9,448,116	)
Net Assets - 100.0%				208,288,574

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $25,319,063.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $5,393,799, collateralized in the form of cash with a value of $4,120,630 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $1,419,482 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 8.00%, and maturity dates ranging from September 10, 2020 – May 15, 2050; a total value of $5,540,112.
(c)	Security exempt from registration pursuant to Regulation S under the Securities Act of 1933. Regulation S applies to securities offerings that are made outside of the United States and do not involve direct selling efforts in the United States and as such may have restrictions on resale.
(d)	Represents less than 0.05% of net assets.
(e)	Perpetual security. The rate reflected was the rate in effect on August 31, 2020. The maturity date reflects the next call date.
(f)	Variable or floating rate security, linked to the referenced benchmark. The interest rate shown is the rate in effect as of August 31, 2020.
(g)	Security fair valued as of August 31, 2020 in accordance with procedures approved by the Board of Trustees. Total value of all such securities at August 31, 2020 amounted to $0, which represents approximately 0.00% of net assets of the Fund.
(h)	Illiquid security.
(i)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $4,120,630.
(j)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Abbreviations
CVR	Contingent Value Rights - No defined expiration

UltraPro Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Futures Contracts Purchased
UltraPro Russell2000 had the following open long futures contracts as of August 31, 2020:
	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
Russell 2000 E-Mini Index	229	9/18/2020	USD	$	17,849,405	$	1,444,924

Swap Agreements

UltraPro Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	21,930,713	12/7/2020	Bank of America NA		(0.34	)%	Russell 2000® Index		(191,570	)
	126,566,946	11/6/2020	BNP Paribas SA		0.06	%	Russell 2000® Index		7,485,918
	48,109,028	1/20/2021	Citibank NA		0.26	%	Russell 2000® Index		4,575,183
	30,116,170	11/8/2021	Credit Suisse International		0.31	%	Russell 2000® Index		1,232,484
	12,548,144	12/7/2020	Goldman Sachs International		0.36	%	Russell 2000® Index		1,195,980
	1,927,360	1/6/2021	Morgan Stanley & Co. International plc		(0.20	)%	Russell 2000® Index		(4,993,052	)
	176,757,960	1/6/2021	Societe Generale		0.36	%	Russell 2000® Index		20,113,550
	18,893,309	11/6/2020	UBS AG		0.16	%	Russell 2000® Index		2,304,990
	436,849,630								31,723,483
							Total Unrealized Appreciation		36,908,105
							Total Unrealized Depreciation		(5,184,622	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro S&P500®
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
COMMON STOCKS(a) - 59.2%
Aerospace & Defense - 1.0%
Boeing Co. (The)		19,271		3,311,143
General Dynamics Corp.		8,358		1,248,267
Howmet Aerospace, Inc.		13,798		241,741
Huntington Ingalls Industries, Inc.		1,460		221,219
L3Harris Technologies, Inc.		7,767		1,403,808
Lockheed Martin Corp.		8,869		3,461,216
Northrop Grumman Corp.		5,576		1,910,393
Raytheon Technologies Corp.		52,881		3,225,741
Teledyne Technologies, Inc.*		1,315		412,397
Textron, Inc.		8,180		322,538
TransDigm Group, Inc.		1,813		905,902
				16,664,365
Air Freight & Logistics - 0.4%
CH Robinson Worldwide, Inc.		4,839		475,674
Expeditors International of Washington, Inc.		5,989		529,368
FedEx Corp.		8,643		1,900,077
United Parcel Service, Inc., Class B		25,320		4,142,858
				7,047,977
Airlines - 0.1%
Alaska Air Group, Inc.		4,405		171,575
American Airlines Group, Inc.(b)		17,867		233,164
Delta Air Lines, Inc.		20,412		629,710
Southwest Airlines Co.		19,280		724,543
United Airlines Holdings, Inc.*		9,087		327,132
				2,086,124
Auto Components - 0.1%
Aptiv plc		9,637		829,939
BorgWarner, Inc.		7,446		302,233
				1,132,172
Automobiles - 0.1%
Ford Motor Co.*		140,437		957,780
General Motors Co.		45,279		1,341,617
				2,299,397
Banks - 2.0%
Bank of America Corp.		280,714		7,225,578
Citigroup, Inc.		72,750		3,718,980
Citizens Financial Group, Inc.		15,343		396,923
Comerica, Inc.		5,007		197,927
Fifth Third Bancorp		25,597		528,834
First Republic Bank		6,162		695,751
Huntington Bancshares, Inc.		36,458		343,070
JPMorgan Chase & Co.		109,555		10,976,315
KeyCorp		35,061		431,952
M&T Bank Corp.		4,617		476,751
People's United Financial, Inc.		15,272		161,578
PNC Financial Services Group, Inc. (The)		15,257		1,696,578
Regions Financial Corp.		34,401		397,676
SVB Financial Group*		1,856		473,985
Truist Financial Corp.		48,453		1,880,461
US Bancorp		49,277		1,793,683
Wells Fargo & Co.		134,138		3,239,433
Zions Bancorp NA		5,892		189,487
				34,824,962
Beverages - 1.0%
Brown-Forman Corp., Class B		6,556		479,702
Coca-Cola Co. (The)		138,969		6,883,135
Constellation Brands, Inc., Class A		6,047		1,115,551
Molson Coors Beverage Co., Class B		6,753		254,183
Monster Beverage Corp.*		13,440		1,127,078
PepsiCo, Inc.		49,877		6,985,773
				16,845,422
Biotechnology - 1.3%
AbbVie, Inc.		63,358		6,067,796
Alexion Pharmaceuticals, Inc.*		7,940		906,907
Amgen, Inc.		21,155		5,358,984
Biogen, Inc.*		5,866		1,687,296
Gilead Sciences, Inc.		45,079		3,009,023
Incyte Corp.*		6,482		624,541
Regeneron Pharmaceuticals, Inc.*		3,619		2,243,527
Vertex Pharmaceuticals, Inc.*		9,323		2,602,236
				22,500,310
Building Products - 0.3%
A O Smith Corp.		4,857		237,847
Allegion plc		3,311		342,324
Carrier Global Corp.		29,269		873,680
Fortune Brands Home & Security, Inc.		5,017		421,829
Johnson Controls International plc		26,738		1,089,039
Masco Corp.		9,489		553,209
Trane Technologies plc		8,599		1,018,036
				4,535,964
Capital Markets - 1.4%
Ameriprise Financial, Inc.		4,396		689,293
Bank of New York Mellon Corp. (The)		28,969		1,071,274
BlackRock, Inc.		5,546		3,295,378
Cboe Global Markets, Inc.		3,951		362,662
Charles Schwab Corp. (The)		41,201		1,463,872
CME Group, Inc.		12,898		2,268,371
E*TRADE Financial Corp.		7,948		429,987
Franklin Resources, Inc.		9,973		210,031
Goldman Sachs Group, Inc. (The)		2,001		409,945
Intercontinental Exchange, Inc.		19,674		2,089,969
Invesco Ltd.		13,532		138,026
MarketAxess Holdings, Inc.		1,363		662,336
Moody's Corp.		5,793		1,706,850
Morgan Stanley		43,049		2,249,741
MSCI, Inc.		3,055		1,140,340
Nasdaq, Inc.		4,127		554,751
Northern Trust Corp.		7,475		612,128
Raymond James Financial, Inc.		4,381		331,729
S&P Global, Inc.		8,664		3,174,663
State Street Corp.		12,650		861,338
T. Rowe Price Group, Inc.		8,177		1,138,320
				24,861,004
Chemicals - 1.1%
Air Products and Chemicals, Inc.		7,941		2,320,837
Albemarle Corp.		3,822		347,840
Celanese Corp.		4,255		430,393
CF Industries Holdings, Inc.		7,692		250,990
Corteva, Inc.		26,905		768,138
Dow, Inc.		26,634		1,201,726
DuPont de Nemours, Inc.		26,390		1,471,506
Eastman Chemical Co.		4,887		357,289
Ecolab, Inc.		8,888		1,751,647
FMC Corp.		4,662		498,181
International Flavors & Fragrances, Inc.		3,842		475,601
Linde plc		18,879		4,714,841

UltraPro S&P500®
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
LyondellBasell Industries NV, Class A		9,236		604,773
Mosaic Co. (The)		12,542		228,641
PPG Industries, Inc.		8,475		1,020,390
Sherwin-Williams Co. (The)		2,911		1,953,427
				18,396,220
Commercial Services & Supplies - 0.2%
Cintas Corp.		3,028		1,009,051
Copart, Inc.*		7,419		766,531
Republic Services, Inc.		7,551		700,129
Rollins, Inc.		5,065		279,284
Waste Management, Inc.		13,967		1,592,238
				4,347,233
Communications Equipment - 0.5%
Arista Networks, Inc.*		1,926		430,365
Cisco Systems, Inc.		152,471		6,437,325
F5 Networks, Inc.*		2,193		290,200
Juniper Networks, Inc.		11,906		297,650
Motorola Solutions, Inc.		6,109		945,368
				8,400,908
Construction & Engineering - 0.0%(c)
Jacobs Engineering Group, Inc.		4,672		421,741
Quanta Services, Inc.		4,954		253,893
				675,634
Construction Materials - 0.1%
Martin Marietta Materials, Inc.		2,244		455,240
Vulcan Materials Co.		4,760		571,200
				1,026,440
Consumer Finance - 0.3%
American Express Co.		23,728		2,410,528
Capital One Financial Corp.		16,375		1,130,366
Discover Financial Services		11,014		584,623
Synchrony Financial		19,305		478,957
				4,604,474
Containers & Packaging - 0.2%
Amcor plc		56,605		626,051
Avery Dennison Corp.		2,990		345,016
Ball Corp.		11,719		941,856
International Paper Co.		14,131		512,532
Packaging Corp. of America		3,409		345,127
Sealed Air Corp.		5,599		220,041
Westrock Co.		9,322		282,736
				3,273,359
Distributors - 0.0%(c)
Genuine Parts Co.		5,186		489,766
LKQ Corp.*		10,925		346,759
				836,525
Diversified Consumer Services - 0.0%(c)
H&R Block, Inc.		6,921		100,354
Diversified Financial Services - 0.9%
Berkshire Hathaway, Inc., Class B*		69,888		15,238,379
Diversified Telecommunication Services - 1.0%
AT&T, Inc.		256,171		7,636,458
CenturyLink, Inc.		35,511		381,743
Verizon Communications, Inc.		148,775		8,817,894
				16,836,095
Electric Utilities - 1.0%
Alliant Energy Corp.		8,971		485,780
American Electric Power Co., Inc.		17,812		1,404,120
Duke Energy Corp.		26,415		2,122,181
Edison International		13,594		713,413
Entergy Corp.		7,193		713,114
Evergy, Inc.		8,146		433,530
Eversource Energy		12,096		1,036,748
Exelon Corp.		35,027		1,292,847
FirstEnergy Corp.		19,484		557,047
NextEra Energy, Inc.		17,599		4,913,113
NRG Energy, Inc.		8,780		302,120
Pinnacle West Capital Corp.		4,041		296,407
PPL Corp.		27,641		763,721
Southern Co. (The)		37,966		1,981,066
Xcel Energy, Inc.		18,873		1,311,202
				18,326,409
Electrical Equipment - 0.3%
AMETEK, Inc.		8,247		830,473
Eaton Corp. plc		14,375		1,467,688
Emerson Electric Co.		21,486		1,492,632
Rockwell Automation, Inc.		4,164		959,927
				4,750,720
Electronic Equipment, Instruments & Components - 0.3%
Amphenol Corp., Class A		10,638		1,168,052
CDW Corp.		5,112		580,979
Corning, Inc.		27,289		885,801
FLIR Systems, Inc.		4,701		173,467
IPG Photonics Corp.*		1,272		205,721
Keysight Technologies, Inc.*		6,733		663,335
TE Connectivity Ltd.		11,864		1,146,062
Zebra Technologies Corp., Class A*		1,902		544,980
				5,368,397
Energy Equipment & Services - 0.1%
Baker Hughes Co.		23,553		336,337
Halliburton Co.		31,546		510,414
National Oilwell Varco, Inc.		13,966		167,592
Schlumberger NV		49,889		948,390
TechnipFMC plc		15,119		116,416
				2,079,149
Entertainment - 1.2%
Activision Blizzard, Inc.		27,706		2,314,005
Electronic Arts, Inc.*		10,378		1,447,420
Live Nation Entertainment, Inc.*		5,103		289,850
Netflix, Inc.*		15,810		8,372,344
Take-Two Interactive Software, Inc.*		4,096		701,194
Walt Disney Co. (The)*		64,945		8,564,297
				21,689,110
Equity Real Estate Investment Trusts (REITs) - 1.5%
Alexandria Real Estate Equities, Inc.		4,538		764,108
American Tower Corp.		15,943		3,972,198
Apartment Investment and Management Co., Class A		5,346		192,616
AvalonBay Communities, Inc.		5,057		799,309
Boston Properties, Inc.		5,195		451,290
Crown Castle International Corp.		14,987		2,446,628
Digital Realty Trust, Inc.		9,647		1,501,556
Duke Realty Corp.		13,251		510,826
Equinix, Inc.		3,184		2,514,660
Equity Residential		12,583		710,310
Essex Property Trust, Inc.		2,350		508,799
Extra Space Storage, Inc.		4,648		495,244
Federal Realty Investment Trust		2,532		200,636
Healthpeak Properties, Inc.		19,353		534,917
Host Hotels & Resorts, Inc.		25,352		284,703

UltraPro S&P500®
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Iron Mountain, Inc.		10,352		311,492
Kimco Realty Corp.		15,553		186,480
Mid-America Apartment Communities, Inc.		4,112		481,597
Prologis, Inc.		26,552		2,704,587
Public Storage		5,402		1,147,385
Realty Income Corp.		12,342		765,574
Regency Centers Corp.		6,093		241,953
SBA Communications Corp.		4,009		1,227,035
Simon Property Group, Inc.		10,993		745,875
SL Green Realty Corp.		2,753		128,730
UDR, Inc.		10,599		368,951
Ventas, Inc.		13,411		552,667
Vornado Realty Trust		5,697		204,124
Welltower, Inc.		15,015		863,663
Weyerhaeuser Co.		26,822		812,975
				26,630,888
Food & Staples Retailing - 0.9%
Costco Wholesale Corp.		15,876		5,519,450
Kroger Co. (The)		28,264		1,008,459
Sysco Corp.		18,251		1,097,615
Walgreens Boots Alliance, Inc.		26,490		1,007,150
Walmart, Inc.		50,901		7,067,604
				15,700,278
Food Products - 0.7%
Archer-Daniels-Midland Co.		19,969		893,813
Campbell Soup Co.		6,081		319,921
Conagra Brands, Inc.		17,508		671,607
General Mills, Inc.		21,796		1,393,854
Hershey Co. (The)		5,305		788,535
Hormel Foods Corp.		10,077		513,726
J M Smucker Co. (The)		4,100		492,738
Kellogg Co.		8,996		637,906
Kraft Heinz Co. (The)		22,403		785,001
Lamb Weston Holdings, Inc.		5,253		330,151
McCormick & Co., Inc. (Non-Voting)		4,441		915,734
Mondelez International, Inc., Class A		51,318		2,997,998
Tyson Foods, Inc., Class A		10,578		664,298
				11,405,282
Gas Utilities - 0.0%(c)
Atmos Energy Corp.		4,395		438,709
Health Care Equipment & Supplies - 2.3%
Abbott Laboratories		63,600		6,962,292
ABIOMED, Inc.*		1,611		495,576
Align Technology, Inc.*		2,583		767,099
Baxter International, Inc.		18,293		1,592,772
Becton Dickinson and Co.		10,599		2,573,119
Boston Scientific Corp.*		51,363		2,106,910
Cooper Cos., Inc. (The)		1,770		556,453
Danaher Corp.		22,615		4,669,319
DENTSPLY SIRONA, Inc.		7,874		353,306
DexCom, Inc.*		3,314		1,409,809
Edwards Lifesciences Corp.*		22,270		1,911,657
Hologic, Inc.*		9,283		554,381
IDEXX Laboratories, Inc.*		3,052		1,193,515
Intuitive Surgical, Inc.*		4,194		3,065,143
Medtronic plc		48,213		5,181,451
ResMed, Inc.		5,201		940,237
STERIS plc		3,053		487,381
Stryker Corp.		11,584		2,295,485
Teleflex, Inc.		1,667		655,048
Varian Medical Systems, Inc.*		3,272		568,248
West Pharmaceutical Services, Inc.		2,641		749,938
Zimmer Biomet Holdings, Inc.		7,426		1,046,175
				40,135,314
Health Care Providers & Services - 1.5%
AmerisourceBergen Corp.		5,346		518,722
Anthem, Inc.		9,066		2,552,260
Cardinal Health, Inc.		10,503		533,132
Centene Corp.*		20,828		1,277,173
Cigna Corp.		13,273		2,354,232
CVS Health Corp.		46,996		2,919,392
DaVita, Inc.*		3,065		265,919
HCA Healthcare, Inc.		9,473		1,285,676
Henry Schein, Inc.*		5,129		340,771
Humana, Inc.		4,751		1,972,473
Laboratory Corp. of America Holdings*		3,495		614,246
McKesson Corp.		5,816		892,407
Quest Diagnostics, Inc.		4,805		534,508
UnitedHealth Group, Inc.		34,093		10,655,767
Universal Health Services, Inc., Class B		2,796		308,539
				27,025,217
Health Care Technology - 0.0%(c)
Cerner Corp.		10,940		802,668
Hotels, Restaurants & Leisure - 0.9%
Carnival Corp.		17,037		280,770
Chipotle Mexican Grill, Inc.*		917		1,201,527
Darden Restaurants, Inc.		4,663		404,142
Domino's Pizza, Inc.		1,409		576,225
Hilton Worldwide Holdings, Inc.		9,969		900,799
Las Vegas Sands Corp.		12,081		612,628
Marriott International, Inc., Class A		9,678		995,963
McDonald's Corp.		26,741		5,709,738
MGM Resorts International		17,737		399,083
Norwegian Cruise Line Holdings Ltd.*(b)		9,821		168,037
Royal Caribbean Cruises Ltd.		6,170		424,743
Starbucks Corp.		41,990		3,546,895
Wynn Resorts Ltd.		3,490		305,200
Yum! Brands, Inc.		10,826		1,037,672
				16,563,422
Household Durables - 0.2%
DR Horton, Inc.		11,901		849,374
Garmin Ltd.		5,221		540,948
Leggett & Platt, Inc.		4,755		194,955
Lennar Corp., Class A		9,867		738,249
Mohawk Industries, Inc.*		2,144		197,955
Newell Brands, Inc.		13,719		219,230
NVR, Inc.*		131		546,053
PulteGroup, Inc.		9,064		404,164
Whirlpool Corp.		2,241		398,270
				4,089,198
Household Products - 1.1%
Church & Dwight Co., Inc.		8,834		846,562
Clorox Co. (The)		4,497		1,005,079
Colgate-Palmolive Co.		30,799		2,441,129
Kimberly-Clark Corp.		12,251		1,932,718
Procter & Gamble Co. (The)		89,008		12,312,477
				18,537,965

UltraPro S&P500®
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Independent Power and Renewable Electricity Producers - 0.0%(c)
AES Corp. (The)		23,908		424,367
Industrial Conglomerates - 0.6%
3M Co.		20,679		3,371,090
General Electric Co.		314,490		1,993,867
Honeywell International, Inc.		25,234		4,177,489
Roper Technologies, Inc.		3,753		1,603,244
				11,145,690
Insurance - 1.1%
Aflac, Inc.		25,794		936,838
Allstate Corp. (The)		11,291		1,050,063
American International Group, Inc.		30,962		902,233
Aon plc, Class A		8,310		1,661,917
Arthur J Gallagher & Co.		6,813		717,409
Assurant, Inc.		2,146		260,868
Chubb Ltd.		16,230		2,028,750
Cincinnati Financial Corp.		5,423		430,640
Everest Re Group Ltd.		1,442		317,355
Globe Life, Inc.		3,522		290,495
Hartford Financial Services Group, Inc. (The)		12,879		520,955
Lincoln National Corp.		6,949		250,511
Loews Corp.		8,706		312,197
Marsh & McLennan Cos., Inc.		18,346		2,108,139
MetLife, Inc.		27,743		1,066,996
Principal Financial Group, Inc.		9,149		385,264
Progressive Corp. (The)		21,043		1,999,927
Prudential Financial, Inc.		14,204		962,605
Travelers Cos., Inc. (The)		9,094		1,055,268
Unum Group		7,317		135,218
W R Berkley Corp.		5,074		314,842
Willis Towers Watson plc		4,635		952,632
				18,661,122
Interactive Media & Services - 3.5%
Alphabet, Inc., Class A*		10,790		17,582,629
Alphabet, Inc., Class C*		10,521		17,193,208
Facebook, Inc., Class A*		86,442		25,344,794
Twitter, Inc.*		28,204		1,144,518
				61,265,149
Internet & Direct Marketing Retail - 3.2%
Amazon.com, Inc.*		15,057		51,961,105
Booking Holdings, Inc.*		1,477		2,821,734
eBay, Inc.		23,745		1,300,751
Expedia Group, Inc.		4,871		478,089
				56,561,679
IT Services - 3.3%
Accenture plc, Class A		22,907		5,496,077
Akamai Technologies, Inc.*		5,832		679,020
Automatic Data Processing, Inc.		15,449		2,148,801
Broadridge Financial Solutions, Inc.		4,125		566,775
Cognizant Technology Solutions Corp., Class A		19,441		1,299,825
DXC Technology Co.		9,128		182,377
Fidelity National Information Services, Inc.		22,221		3,352,038
Fiserv, Inc.*		20,214		2,012,910
FleetCor Technologies, Inc.*		3,009		756,613
Gartner, Inc.*		3,209		416,592
Global Payments, Inc.		10,755		1,899,548
International Business Machines Corp.		31,915		3,935,439
Jack Henry & Associates, Inc.		2,756		455,898
Leidos Holdings, Inc.		4,797		434,081
Mastercard, Inc., Class A		31,775		11,381,487
Paychex, Inc.		11,481		877,952
PayPal Holdings, Inc.*		42,220		8,618,791
VeriSign, Inc.*		3,651		784,235
Visa, Inc., Class A		60,655		12,858,253
Western Union Co. (The)		14,771		348,448
				58,505,160
Leisure Products - 0.0%(c)
Hasbro, Inc.		4,585		361,940
Life Sciences Tools & Services - 0.7%
Agilent Technologies, Inc.		11,103		1,114,963
Bio-Rad Laboratories, Inc., Class A*		773		393,140
Illumina, Inc.*		5,290		1,889,694
IQVIA Holdings, Inc.*		6,379		1,044,561
Mettler-Toledo International, Inc.*		865		839,725
PerkinElmer, Inc.		4,000		470,880
Thermo Fisher Scientific, Inc.		14,202		6,092,374
Waters Corp.*		2,232		482,692
				12,328,029
Machinery - 0.9%
Caterpillar, Inc.		19,465		2,770,064
Cummins, Inc.		5,310		1,100,498
Deere & Co.		11,243		2,361,705
Dover Corp.		5,174		568,312
Flowserve Corp.		4,672		138,665
Fortive Corp.		10,658		768,548
IDEX Corp.		2,709		488,243
Illinois Tool Works, Inc.		10,337		2,042,074
Ingersoll Rand, Inc.*		12,432		435,866
Otis Worldwide Corp.		14,644		921,108
PACCAR, Inc.		12,430		1,066,991
Parker-Hannifin Corp.		4,621		951,972
Pentair plc		5,963		269,170
Snap-on, Inc.		1,949		288,978
Stanley Black & Decker, Inc.		5,541		893,763
Westinghouse Air Brake Technologies Corp.		6,496		432,309
Xylem, Inc.		6,464		518,284
				16,016,550
Media - 0.8%
Charter Communications, Inc., Class A*		5,417		3,334,759
Comcast Corp., Class A		163,751		7,337,682
Discovery, Inc., Class A*(b)		5,751		126,896
Discovery, Inc., Class C*		11,372		227,099
DISH Network Corp., Class A*		9,243		328,311
Fox Corp., Class A		12,317		343,152
Fox Corp., Class B		5,722		159,072
Interpublic Group of Cos., Inc. (The)		13,999		248,622
News Corp., Class A		13,975		211,302
News Corp., Class B		4,376		65,946
Omnicom Group, Inc.		7,710		417,034
ViacomCBS, Inc.		19,441		541,432
				13,341,307
Metals & Mining - 0.2%
Freeport-McMoRan, Inc.		52,206		814,936
Newmont Corp.		28,848		1,940,893

 

UltraPro S&P500®
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Nucor Corp.		10,832		492,423
				3,248,252
Multiline Retail - 0.3%
Dollar General Corp.		9,055		1,828,023
Dollar Tree, Inc.*		8,525		820,706
Kohl's Corp.		5,678		121,282
Target Corp.		17,977		2,718,302
				5,488,313
Multi-Utilities - 0.5%
Ameren Corp.		8,873		701,943
CenterPoint Energy, Inc.		19,581		392,991
CMS Energy Corp.		10,290		622,442
Consolidated Edison, Inc.		12,012		856,936
Dominion Energy, Inc.		30,179		2,367,241
DTE Energy Co.		6,926		821,908
NiSource, Inc.		13,761		304,944
Public Service Enterprise Group, Inc.		18,174		949,410
Sempra Energy		10,524		1,301,292
WEC Energy Group, Inc.		11,341		1,066,961
				9,386,068
Oil, Gas & Consumable Fuels - 1.3%
Apache Corp.		13,575		200,910
Cabot Oil & Gas Corp.		14,321		271,669
Chevron Corp.		67,116		5,633,046
Concho Resources, Inc.		7,081		368,070
ConocoPhillips		38,553		1,460,773
Devon Energy Corp.		13,757		149,539
Diamondback Energy, Inc.		5,681		221,332
EOG Resources, Inc.		20,919		948,467
Exxon Mobil Corp.		152,008		6,071,200
Hess Corp.		9,387		432,177
HollyFrontier Corp.		5,348		127,657
Kinder Morgan, Inc.		69,920		966,294
Marathon Oil Corp.		28,421		150,063
Marathon Petroleum Corp.		23,374		828,842
Noble Energy, Inc.		17,248		171,618
Occidental Petroleum Corp.		32,356		412,215
ONEOK, Inc.		15,814		434,569
Phillips 66		15,706		918,330
Pioneer Natural Resources Co.		5,930		616,305
Valero Energy Corp.		14,663		771,127
Williams Cos., Inc. (The)		43,622		905,593
				22,059,796
Personal Products - 0.1%
Coty, Inc., Class A		10,698		38,299
Estee Lauder Cos., Inc. (The), Class A		8,085		1,792,606
				1,830,905
Pharmaceuticals - 2.4%
Bristol-Myers Squibb Co.		81,348		5,059,846
Eli Lilly and Co.		30,276		4,492,656
Johnson & Johnson		94,728		14,532,222
Merck & Co., Inc.		90,748		7,738,082
Mylan NV*		18,586		304,439
Perrigo Co. plc		4,903		256,427
Pfizer, Inc.		199,708		7,546,965
Zoetis, Inc.		17,082		2,734,828
				42,665,465
Professional Services - 0.2%
Equifax, Inc.		4,361		733,826
IHS Markit Ltd.		14,334		1,145,573
Nielsen Holdings plc		12,818		195,859
Robert Half International, Inc.		4,117		219,024
Verisk Analytics, Inc.		5,831		1,088,473
				3,382,755
Real Estate Management & Development - 0.0%(c)
CBRE Group, Inc., Class A*		12,048		566,617
Road & Rail - 0.6%
CSX Corp.		27,515		2,103,797
JB Hunt Transport Services, Inc.		3,031		425,977
Kansas City Southern		3,416		621,849
Norfolk Southern Corp.		9,206		1,956,551
Old Dominion Freight Line, Inc.		3,391		685,592
Union Pacific Corp.		24,392		4,693,996
				10,487,762
Semiconductors & Semiconductor Equipment - 2.9%
Advanced Micro Devices, Inc.*		42,108		3,824,248
Analog Devices, Inc.		13,252		1,548,894
Applied Materials, Inc.		32,958		2,030,213
Broadcom, Inc.		14,367		4,987,504
Intel Corp.		152,228		7,756,016
KLA Corp.		5,576		1,143,861
Lam Research Corp.		5,220		1,755,695
Maxim Integrated Products, Inc.		9,584		655,929
Microchip Technology, Inc.		8,813		966,786
Micron Technology, Inc.*		39,986		1,819,763
NVIDIA Corp.		22,118		11,832,688
Qorvo, Inc.*		4,122		528,729
QUALCOMM, Inc.		40,448		4,817,357
Skyworks Solutions, Inc.		6,005		869,824
Texas Instruments, Inc.		32,992		4,689,813
Xilinx, Inc.		8,745		910,879
				50,138,199
Software - 5.6%
Adobe, Inc.*		17,324		8,893,968
ANSYS, Inc.*		3,090		1,047,541
Autodesk, Inc.*		7,879		1,935,870
Cadence Design Systems, Inc.*		10,041		1,113,647
Citrix Systems, Inc.		4,172		605,774
Fortinet, Inc.*		4,822		636,528
Intuit, Inc.		9,380		3,239,758
Microsoft Corp.		272,650		61,490,755
NortonLifeLock, Inc.		19,490		458,405
Oracle Corp.		74,830		4,281,773
Paycom Software, Inc.*		1,736		519,863
salesforce.com, Inc.*		32,393		8,831,952
ServiceNow, Inc.*		6,854		3,303,765
Synopsys, Inc.*		5,420		1,199,446
Tyler Technologies, Inc.*		1,433		494,829
				98,053,874
Specialty Retail - 1.4%
Advance Auto Parts, Inc.		2,485		388,430
AutoZone, Inc.*		844		1,009,686
Best Buy Co., Inc.		8,168		905,913
CarMax, Inc.*		5,849		625,434
Gap, Inc. (The)		7,657		133,155
Home Depot, Inc. (The)		38,671		11,022,782
L Brands, Inc.		8,397		246,872
Lowe's Cos., Inc.		27,142		4,470,016
O'Reilly Automotive, Inc.*		2,665		1,240,904
Ross Stores, Inc.*		12,778		1,163,820
Tiffany & Co.		3,932		481,670
TJX Cos., Inc. (The)		43,063		2,359,422
Tractor Supply Co.		4,156		618,537

UltraPro S&P500®
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Shares		Value ($)
Ulta Beauty, Inc.*		2,023		469,700
				25,136,341
Technology Hardware, Storage & Peripherals - 4.5%
Apple, Inc.		585,956		75,611,763
Hewlett Packard Enterprise Co.		46,190		446,657
HP, Inc.		51,411		1,005,085
NetApp, Inc.		7,953		376,893
Seagate Technology plc		8,111		389,247
Western Digital Corp.		10,777		414,052
Xerox Holdings Corp.		6,585		124,193
				78,367,890
Textiles, Apparel & Luxury Goods - 0.4%
Hanesbrands, Inc.		12,516		191,370
NIKE, Inc., Class B		44,588		4,988,951
PVH Corp.		2,555		142,467
Ralph Lauren Corp.		1,718		118,250
Tapestry, Inc.		9,924		146,180
Under Armour, Inc., Class A*		6,769		66,404
Under Armour, Inc., Class C*		7,074		62,605
VF Corp.		11,466		753,889
				6,470,116
Tobacco - 0.4%
Altria Group, Inc.		66,808		2,922,182
Philip Morris International, Inc.		55,987		4,467,203
				7,389,385
Trading Companies & Distributors - 0.1%
Fastenal Co.		20,587		1,005,881
United Rentals, Inc.*		2,582		457,143
WW Grainger, Inc.		1,549		566,051
				2,029,075
Water Utilities - 0.1%
American Water Works Co., Inc.		6,505		919,417
Wireless Telecommunication Services - 0.1%
T-Mobile US, Inc.*		20,926		2,441,646
TOTAL COMMON STOCKS (Cost $935,635,972)				1,038,748,913
SECURITIES LENDING REINVESTMENTS(d) - 0.0%(c)
INVESTMENT COMPANIES - 0.0%(c)
BlackRock Liquidity FedFund, Institutional Class 0.01% (Cost $159,117)		159,117		159,117

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 16.1%
REPURCHASE AGREEMENTS(e) - 3.5%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $61,440,414
(Cost $61,440,305)		61,440,305		61,440,305
U.S. TREASURY OBLIGATIONS - 12.6%
U.S. Treasury Bills
0.06%, 9/24/2020(f)		100,000,000		99,995,528
0.15%, 11/12/2020(f)		120,000,000		119,979,600
TOTAL U.S. TREASURY OBLIGATIONS (Cost $219,961,127)				219,975,128
TOTAL SHORT-TERM INVESTMENTS (Cost $281,401,432)				281,415,433
Total Investments - 75.3% (Cost $1,217,196,521)				1,320,323,463
Other assets less liabilities - 24.7%				434,094,772
Net Assets - 100.0%				1,754,418,235

*	Non-income producing security.
(a)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $523,064,329.
(b)	The security or a portion of this security is on loan at August 31, 2020. The total value of securities on loan at August 31, 2020 was $233,695, collateralized in the form of cash with a value of $159,117 that was reinvested in the securities shown in the Securities Lending Reinvestment section of the Schedule of Investments and $90,457 of collateral in the form of U.S. Government Treasury Securities, interest rates ranging from 0.00% – 3.88%, and maturity dates ranging from September 10, 2020 – February 15, 2049; a total value of $249,574.
(c)	Represents less than 0.05% of net assets.
(d)	The security was purchased with cash collateral held from securities on loan at August 31, 2020. The total value of securities purchased was $159,117.
(e)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(f)	The rate shown was the current yield as of August 31, 2020.

UltraPro S&P500®
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Futures Contracts Purchased

UltraPro S&P500® had the following open long futures contracts as of August 31, 2020:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
S&P 500 E-Mini Index	576	9/18/2020	USD	$	100,584,000	$	11,798,916

Swap Agreements

UltraPro S&P500® had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	809,619,669	12/7/2020	Bank of America NA		(0.44	)%	S&P 500®		(12,068,205	)
	79,254,019	11/8/2021	BNP Paribas SA		0.71	%	S&P 500®		(122,129,611	)
	605,144,094	11/6/2020	Citibank NA		0.41	%	S&P 500®		100,918,860
	897,524,988	11/8/2021	Credit Suisse International		0.41	%	S&P 500®		65,409,427
	341,164,715	3/8/2021	Goldman Sachs International		0.66	%	S&P 500®		131,416,133
	26,868,380	11/8/2021	Morgan Stanley & Co. International plc		0.17	%	S&P 500®		3,097,077
	913,132,870	1/6/2021	Societe Generale		0.41	%	S&P 500®		89,379,979
	451,224,962	11/8/2021	UBS AG		0.66	%	S&P 500®		109,365,992
	4,123,933,697								365,389,652
							Total Unrealized Appreciation		499,587,468
							Total Unrealized Depreciation		(134,197,816	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro Short 20+ Year Treasury

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 93.9%
REPURCHASE AGREEMENTS(a) - 93.9%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $22,872,953
(Cost $22,872,914)		22,872,914		22,872,914
Total Investments - 93.9%  (Cost $22,872,914)				22,872,914
Other assets less liabilities - 6.1%				1,478,007
Net Assets - 100.0%				24,350,921

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraPro Short 20+ Year Treasury

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Futures Contracts Sold

UltraPro Short 20+ Year Treasury had the following open short futures contracts as of August 31, 2020:

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
U.S. Treasury Long Bond		1	12/21/2020	USD	$	175,719	$	(939	)

Swap Agreements

UltraPro Short 20+ Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)	Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(601,684)	11/6/2021	Bank of America NA		0.04	%	ICE U.S. Treasury 20+ Year Bond Index		(1,880,780	)
(15,395,606)	12/7/2020	Citibank NA		0.29	%	ICE U.S. Treasury 20+ Year Bond Index		82,231
(20,679,423)	12/7/2020	Goldman Sachs International		0.19	%	ICE U.S. Treasury 20+ Year Bond Index		346,732
(36,375,581)	11/6/2020	Societe Generale		0.16	%	ICE U.S. Treasury 20+ Year Bond Index		246,103
(73,052,294)								(1,205,714	)
						Total Unrealized Appreciation		675,066
						Total Unrealized Depreciation		(1,880,780	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations

USD U.S. Dollar

UltraPro Short Dow30^SM

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 215.4%
REPURCHASE AGREEMENTS(a) - 35.5%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $198,186,303
(Cost $198,185,957)		198,185,957		198,185,957
U.S. TREASURY OBLIGATIONS(b) - 179.9%
U.S. Treasury Bills
0.64%, 9/3/2020(c)		7,000,000		6,999,970
0.17%, 9/8/2020(c)		100,000,000		99,998,444
0.52%, 9/10/2020(c)		8,000,000		7,999,865
0.06%, 9/24/2020(c)		50,000,000		49,997,764
0.14%, 10/1/2020(c)		155,000,000		154,989,343
0.13%, 10/8/2020(c)		25,000,000		24,997,784
0.12%, 10/15/2020(c)		50,000,000		49,995,111
0.13%, 10/22/2020(c)		95,000,000		94,988,224
0.16%, 11/3/2020(c)		25,000,000		24,996,281
0.14%, 11/12/2020(c)		125,000,000		124,978,750
0.09%, 11/19/2020(c)		50,000,000		49,990,399
0.16%, 11/27/2020(c)		50,000,000		49,988,823
0.11%, 12/3/2020(c)		25,000,000		24,993,542
0.09%, 12/15/2020(c)		25,000,000		24,993,438
0.10%, 12/17/2020(c)		20,000,000		19,994,501
0.12%, 12/31/2020(c)		20,000,000		19,993,278
0.01%, 1/28/2021(c)		100,000,000		99,960,163
0.11%, 2/4/2021(c)		50,000,000		49,978,333
0.13%, 3/25/2021(c)		25,000,000		24,984,696
TOTAL U.S. TREASURY OBLIGATIONS (Cost $1,004,800,397)				1,004,818,709
TOTAL SHORT-TERM INVESTMENTS (Cost $1,202,986,354)				1,203,004,666
Total Investments - 215.4%  (Cost $1,202,986,354)				1,203,004,666
Liabilities in excess of other assets - (115.4%)				(644,555,409	)
Net Assets - 100.0%				558,449,257

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $700,467,818.
(c)	The rate shown was the current yield as of August 31, 2020.

UltraPro Short Dow30^SM

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Futures Contracts Sold

UltraPro Short Dow30^SM had the following open short futures contracts as of August 31, 2020:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
DJIA CBOT E-Mini Index		471	9/18/2020	USD	$	66,801,930	$	(317,776	)

Swap Agreements

UltraPro Short Dow30^SM had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
	(229,182,082	)	11/6/2020	Bank of America NA		0.14	%	Dow Jones Industrial AverageSM		(149,126,550	)
	(174,361,496	)	11/6/2020	BNP Paribas SA		(0.41	)%	Dow Jones Industrial AverageSM		(18,184,773	)
	(168,675,487	)	1/20/2021	Citibank NA		(0.21	)%	Dow Jones Industrial AverageSM		(91,023,509	)
	(207,908,956	)	11/8/2021	Credit Suisse International		(0.16	)%	Dow Jones Industrial AverageSM		(53,757,796	)
	(20,327,486	)	12/7/2020	Goldman Sachs International		(0.31	)%	Dow Jones Industrial AverageSM		(4,051,162	)
	(478,449,311	)	3/8/2021	Morgan Stanley & Co. International plc		0.43	%	Dow Jones Industrial AverageSM		(130,386,329	)
	(289,872,790	)	1/6/2021	Societe Generale		0.09	%	Dow Jones Industrial AverageSM		(412,942,006	)
	(39,481,635	)	11/6/2020	UBS AG		(0.36	)%	Dow Jones Industrial AverageSM		(18,454,821	)
	(1,608,259,243	)								(877,926,946	)
								Total Unrealized Depreciation		(877,926,946	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro Short MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 93.7%
REPURCHASE AGREEMENTS(a) - 93.7%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $12,222,497
(Cost $12,222,476)		12,222,476	12,222,476
Total Investments - 93.7%  (Cost $12,222,476)			12,222,476
Other assets less liabilities - 6.3%			828,246
Net Assets - 100.0%			13,050,722

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraPro Short MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Futures Contracts Sold

UltraPro Short MidCap400 had the following open short futures contracts as of August 31, 2020:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
S&P Midcap 400 E-Mini Index		5	9/18/2020	USD	$	962,250	$	(28,793	)

Swap Agreements

UltraPro Short MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
	(5,742,865	)	3/8/2021	Bank of America NA		(0.26	)%	S&P MidCap 400®		(2,911,494	)
	(4,791,145	)	11/6/2020	BNP Paribas SA		(0.26	)%	S&P MidCap 400®		(852,691	)
	(5,311,471	)	11/6/2020	Citibank NA		(0.31	)%	S&P MidCap 400®		(3,987,618	)
	(5,188,172	)	11/8/2021	Credit Suisse International		(0.11	)%	S&P MidCap 400®		(1,145,644	)
	(5,644,487	)	11/6/2020	Morgan Stanley & Co. International plc		0.51	%	S&P MidCap 400®		(1,803,656	)
	(11,511,077	)	3/8/2021	Societe Generale		0.26	%	S&P MidCap 400®		(2,625,767	)
	(38,189,217	)								(13,326,870	)
								Total Unrealized Depreciation		(13,326,870	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro Short QQQ
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 204.0%
REPURCHASE AGREEMENTS(a) - 34.4%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $466,382,056
(Cost $466,381,238)		466,381,238		466,381,238
U.S. TREASURY OBLIGATIONS(b) - 169.6%
U.S. Treasury Bills
0.64%, 9/3/2020(c)		48,000,000		47,999,793
0.17%, 9/8/2020(c)		100,000,000		99,998,444
0.52%, 9/10/2020(c)		49,000,000		48,999,173
0.11%, 9/17/2020(c)		200,000,000		199,993,334
0.16%, 9/22/2020(c)		50,000,000		49,997,813
0.06%, 9/24/2020(c)		250,000,000		249,988,820
0.09%, 9/29/2020(c)		100,000,000		99,994,167
0.14%, 10/1/2020(c)		155,000,000		154,989,344
0.10%, 10/8/2020(c)		150,000,000		149,986,703
0.09%, 10/13/2020(c)		150,000,000		149,986,000
0.12%, 10/15/2020(c)		50,000,000		49,995,111
0.13%, 10/22/2020(c)		30,000,000		29,996,281
0.12%, 10/29/2020(c)		50,000,000		49,993,052
0.16%, 11/3/2020(c)		25,000,000		24,996,281
0.10%, 11/5/2020(c)		175,000,000		174,973,932
0.14%, 11/12/2020(c)		145,000,000		144,975,350
0.09%, 11/19/2020(c)		50,000,000		49,990,400
0.09%, 11/27/2020(c)		100,000,000		99,977,646
0.10%, 12/3/2020(c)		100,000,000		99,974,167
0.09%, 12/10/2020(c)		100,000,000		99,973,958
0.09%, 12/15/2020(c)		25,000,000		24,993,438
0.10%, 12/17/2020(c)		120,000,000		119,967,008
0.12%, 12/31/2020(c)		25,000,000		24,991,597
0.10%, 1/5/2021(c)		25,000,000		24,990,812
0.13%, 3/25/2021(c)		25,000,000		24,984,696
TOTAL U.S. TREASURY OBLIGATIONS (Cost $2,296,643,509)				2,296,707,320
TOTAL SHORT-TERM INVESTMENTS (Cost $2,763,024,747)				2,763,088,558
Total Investments - 204.0% (Cost $2,763,024,747)				2,763,088,558
Liabilities in excess of other assets - (104.0%)				(1,408,703,832	)
Net Assets - 100.0%				1,354,384,726

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $1,654,563,943.
(c)	The rate shown was the current yield as of August 31, 2020.

UltraPro Short QQQ
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Futures Contracts Sold
UltraPro Short QQQ had the following open short futures contracts as of August 31, 2020:
	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
NASDAQ 100 E-Mini Index		771	9/18/2020	USD	$	186,470,205	$	(6,944,603	)

Swap Agreements

UltraPro Short QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
(570,920,706	)	11/6/2020	Bank of America NA		0.54	%	NASDAQ-100 Index®		(380,070,144	)
(617,415,597	)	11/6/2020	BNP Paribas SA		(0.36	)%	NASDAQ-100 Index®		(345,516,248	)
(518,216,853	)	1/20/2021	Citibank NA		(0.21	)%	NASDAQ-100 Index®		(342,728,486	)
(885,643,380	)	11/8/2021	Credit Suisse International		(0.06	)%	NASDAQ-100 Index®		(325,546,866	)
(434,422,920	)	3/8/2021	Goldman Sachs International		(0.41	)%	NASDAQ-100 Index®		(90,457,092	)
(25,674,684	)	1/6/2021	Morgan Stanley & Co. International plc		0.27	%	NASDAQ-100 Index®		(8,341,308	)
(387,481,846	)	1/6/2021	Societe Generale		(0.11	)%	NASDAQ-100 Index®		(116,941,842	)
(436,732,479	)	11/6/2020	UBS AG		(0.31	)%	NASDAQ-100 Index®		(287,903,957	)
(3,876,508,465	)								(1,897,505,943	)
							Total Unrealized Depreciation		(1,897,505,943	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro Short Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 125.6%
REPURCHASE AGREEMENTS(a) - 17.4%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $28,081,096 (Cost $28,081,046)		28,081,046		28,081,046
U.S. TREASURY OBLIGATIONS(b) - 108.2%
U.S. Treasury Bills
0.14%, 10/22/2020(c)		75,000,000		74,990,704
0.16%, 11/3/2020(c)		25,000,000		24,996,281
0.16%, 11/27/2020(c)		50,000,000		49,988,823
0.11%, 12/3/2020(c)		25,000,000		24,993,542
TOTAL U.S. TREASURY OBLIGATIONS (Cost $174,952,176)				174,969,350
TOTAL SHORT-TERM INVESTMENTS (Cost $203,033,222)				203,050,396
Total Investments - 125.6% (Cost $203,033,222)				203,050,396
Liabilities in excess of other assets - (25.6%)				(41,421,289	)
Net Assets - 100.0%				161,629,107

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $69,996,381.
(c)	The rate shown was the current yield as of August 31, 2020.

UltraPro Short Russell2000

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Futures Contracts Sold

UltraPro Short Russell2000 had the following open short futures contracts as of August 31, 2020:  

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
Russell 2000 E-Mini Index	182	9/18/2020	USD	$	14,185,990	$	53,163

Swap Agreements

UltraPro Short Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(37,231,947	)	12/7/2020	Bank of America NA		0.84	%	Russell 2000® Index		(38,471,052	)
	(37,122,764	)	11/6/2020	BNP Paribas SA		0.24	%	Russell 2000® Index		(21,361,763	)
	(818,425	)	11/6/2020	Citibank NA		0.24	%	Russell 2000® Index		13,644,647
	(57,944,186	)	11/8/2021	Credit Suisse International		0.14	%	Russell 2000® Index		(5,557,211	)
	(1,113,620	)	12/7/2020	Goldman Sachs International		0.14	%	Russell 2000® Index		(7,520	)
	(147,250,923	)	1/6/2021	Morgan Stanley & Co. International plc		0.70	%	Russell 2000® Index		(30,384,787	)
	(80,102,578	)	3/8/2021	Societe Generale		0.34	%	Russell 2000® Index		(122,665,253	)
	(109,127,078	)	11/6/2020	UBS AG		0.34	%	Russell 2000® Index		(25,964,278	)
	(470,711,521	)								(230,767,217	)
								Total Unrealized Appreciation		13,644,647
								Total Unrealized Depreciation		(244,411,864	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraPro Short S&P500®

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 189.3%
REPURCHASE AGREEMENTS(a) - 50.0%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $497,871,934 (Cost $497,871,061)		497,871,061		497,871,061
U.S. TREASURY OBLIGATIONS(b) - 139.3%
U.S. Treasury Bills
0.64%, 9/3/2020(c)		20,000,000		19,999,914
0.17%, 9/8/2020(c)		100,000,000		99,998,444
0.24%, 9/10/2020(c)		71,000,000		70,998,802
0.11%, 9/17/2020(c)		75,000,000		74,997,500
0.16%, 9/22/2020(c)		25,000,000		24,998,906
0.06%, 9/24/2020(c)		100,000,000		99,995,528
0.14%, 10/1/2020(c)		175,000,000		174,987,968
0.13%, 10/8/2020(c)		25,000,000		24,997,784
0.12%, 10/15/2020(c)		50,000,000		49,995,111
0.12%, 10/22/2020(c)		55,000,000		54,993,182
0.12%, 10/29/2020(c)		25,000,000		24,996,526
0.16%, 11/3/2020(c)		50,000,000		49,992,563
0.13%, 11/5/2020(c)		50,000,000		49,992,552
0.14%, 11/12/2020(c)		150,000,000		149,974,500
0.09%, 11/19/2020(c)		75,000,000		74,985,599
0.16%, 11/27/2020(c)		50,000,000		49,988,823
0.11%, 12/3/2020(c)		45,000,000		44,988,375
0.09%, 12/15/2020(c)		25,000,000		24,993,438
0.10%, 12/17/2020(c)		20,000,000		19,994,501
0.12%, 12/31/2020(c)		25,000,000		24,991,597
0.01%, 1/28/2021(c)		100,000,000		99,960,163
0.11%, 2/4/2021(c)		50,000,000		49,978,333
0.13%, 3/25/2021(c)		25,000,000		24,984,696
TOTAL U.S. TREASURY OBLIGATIONS (Cost $1,385,751,015)				1,385,784,805
TOTAL SHORT-TERM INVESTMENTS (Cost $1,883,622,076)				1,883,655,866
Total Investments - 189.3% (Cost $1,883,622,076)				1,883,655,866
Liabilities in excess of other assets - (89.3%)				(888,545,988	)
Net Assets - 100.0%				995,109,878

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $1,062,302,777.
(c)	The rate shown was the current yield as of August 31, 2020.

UltraPro Short S&P500®

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Futures Contracts Sold

UltraPro Short S&P500® had the following open short futures contracts as of August 31, 2020:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
S&P 500 E-Mini Index		440	9/18/2020	USD	$	76,835,000	$	(2,867,242	)

Swap Agreements

UltraPro Short S&P500® had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
(562,509,719	)	12/7/2020	Bank of America NA		0.84	%	S&P 500®		(177,194,205	)
(126,455,129	)	1/6/2021	BNP Paribas SA		(0.41	)%	S&P 500®		(289,912,737	)
(133,708,342	)	1/6/2021	Citibank NA		(0.21	)%	S&P 500®		(187,506,831	)
(591,555,890	)	11/8/2021	Credit Suisse International		(0.16	)%	S&P 500®		(196,357,177	)
(380,175,670	)	3/8/2021	Goldman Sachs International		(0.46	)%	S&P 500®		(65,749,229	)
(22,934,031	)	11/8/2021	Morgan Stanley & Co. International plc		0.33	%	S&P 500®		(2,664,571	)
(542,660,060	)	1/6/2021	Societe Generale		(0.11	)%	S&P 500®		(193,499,629	)
(548,437,280	)	11/6/2020	UBS AG		(0.31	)%	S&P 500®		(241,808,939	)
(2,908,436,121	)								(1,354,693,318	)
							Total Unrealized Depreciation		(1,354,693,318	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraShort 7-10 Year Treasury
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 100.3%
REPURCHASE AGREEMENTS(a) - 100.3%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $34,346,448 (Cost $34,346,387)		34,346,387		34,346,387
Total Investments - 100.3%  (Cost $34,346,387)				34,346,387
Liabilities in excess of other assets - (0.3%)				(93,252	)
Net Assets - 100.0%				34,253,135

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort 7-10 Year Treasury
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Futures Contracts Sold

UltraShort 7-10 Year Treasury had the following open short futures contracts as of August 31, 2020:

	Number of Contracts		Expiration Date		Trading Currency		Notional Amount		Value and Unrealized Depreciation
U.S. Treasury 10 Year Note		6		12/21/2020		USD	$	835,500	$	(853	)

Swap Agreements

UltraShort 7-10 Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
	(34,136,464	)	11/8/2021	Citibank NA		0.31	%	ICE U.S. Treasury 7-10 Year Bond Index		(2,590,993	)
	(33,894,458	)	11/8/2021	Societe Generale		0.16	%	ICE U.S. Treasury 7-10 Year Bond Index		(4,599,430	)
	(68,030,922	)								(7,190,423	)
								Total Unrealized Depreciation		(7,190,423	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraShort 20+ Year Treasury

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 99.4%
REPURCHASE AGREEMENTS(a) - 41.1%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $179,975,552
(Cost $179,975,236)		179,975,236		179,975,236
U.S. TREASURY OBLIGATIONS(b) - 58.3%
U.S. Treasury Bills
0.64%, 9/3/2020(c)		21,000,000		20,999,915
0.52%, 9/10/2020(c)		9,258,000		9,257,818
0.16%, 9/22/2020(c)		25,000,000		24,998,797
0.12%, 10/1/2020(c)		30,000,000		29,997,687
0.13%, 10/8/2020(c)		25,000,000		24,997,784
0.13%, 10/22/2020(c)		30,000,000		29,995,962
0.16%, 11/3/2020(c)		25,000,000		24,996,500
0.13%, 11/5/2020(c)		25,000,000		24,995,825
0.10%, 11/12/2020(c)		20,000,000		19,996,200
0.11%, 12/3/2020(c)		25,000,000		24,992,896
0.12%, 12/31/2020(c)		20,000,000		19,992,606
TOTAL U.S. TREASURY OBLIGATIONS (Cost $255,209,469)				255,221,990
TOTAL SHORT-TERM INVESTMENTS (Cost $435,184,705)				435,197,226
Total Investments - 99.4%  (Cost $435,184,705)				435,197,226
Other assets less liabilities - 0.6%				2,817,829
Net Assets - 100.0%				438,015,055

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $14,049,361.
(c)	The rate shown was the current yield as of August 31, 2020.

UltraShort 20+ Year Treasury

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Futures Contracts Sold

UltraShort 20+ Year Treasury had the following open short futures contracts as of August 31, 2020:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
U.S. Treasury Long Bond		1	12/21/2020	USD	$	175,719	$	(939	)

Swap Agreements

UltraShort 20+ Year Treasury had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(14,128,259	)	11/6/2021	Bank of America NA		0.04	%	ICE U.S. Treasury 20+ Year Bond Index		(69,045,181	)
	(326,241,372	)	12/7/2020	Citibank NA		0.29	%	ICE U.S. Treasury 20+ Year Bond Index		(3,769,300	)
	(276,612,002	)	11/6/2020	Goldman Sachs International		0.19	%	ICE U.S. Treasury 20+ Year Bond Index		5,221,439
	(263,357,172	)	11/6/2020	Societe Generale		0.16	%	ICE U.S. Treasury 20+ Year Bond Index		(1,987,730	)
	(880,338,805	)								(69,580,772	)
								Total Unrealized Appreciation		5,221,439
								Total Unrealized Depreciation		(74,802,211	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations

USD U.S. Dollar

UltraShort Basic Materials

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 52.4%
REPURCHASE AGREEMENTS(a) - 52.4%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $1,284,979
(Cost $1,284,977)		1,284,977		1,284,977
Total Investments - 52.4%  (Cost $1,284,977)				1,284,977
Other assets less liabilities - 47.6%				1,165,634
Net Assets - 100.0%				2,450,611

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Basic Materials had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(1,563,895	)	11/8/2021	Bank of America NA		0.34	%	Dow Jones U.S. Basic MaterialsSM Index		(39,591	)
	(375,556	)	11/6/2020	Credit Suisse International		(0.16	)%	Dow Jones U.S. Basic MaterialsSM Index		32,797
	(2,362,606	)	1/6/2021	Morgan Stanley & Co. International plc		0.33	%	Dow Jones U.S. Basic MaterialsSM Index		(132,109	)
	(131,345	)	1/6/2021	Societe Generale		(0.01	)%	Dow Jones U.S. Basic MaterialsSM Index		(29,464	)
	(469,781	)	11/8/2021	UBS AG		0.09	%	Dow Jones U.S. Basic MaterialsSM Index		95,650
	(4,903,183	)								(72,717	)
								Total Unrealized Appreciation		128,447
								Total Unrealized Depreciation		(201,164	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Communication Services Select Sector
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 207.0%
REPURCHASE AGREEMENTS(a) - 207.0%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $726,169
(Cost $726,168)		726,168		726,168
Total Investments - 207.0% (Cost $726,168)				726,168
Liabilities in excess of other assets - (107.0%)				(375,430	)
Net Assets - 100.0%				350,738

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Communication Services Select Sector had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
	(207,156	)	11/8/2021	BNP Paribas SA		(0.26	)%	Communication Services Select Sector Indexc		(76,896	)
	(109,534	)	12/7/2020	Goldman Sachs International		(0.26	)%	Communication Services Select Sector Indexc		(205,225	)
	(119,462	)	11/8/2021	Societe Generale		(0.21	)%	Communication Services Select Sector Indexc		(44,964	)
	(265,729	)	12/7/2020	UBS AG		0.09	%	Communication Services Select Sector Indexc		(193,507	)
	(701,881	)								(520,592	)
								Total Unrealized Depreciation		(520,592	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Communication Services Select Sector for the components of the underlying reference instrument and their relative weightings.

UltraShort Consumer Goods

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 128.8%
REPURCHASE AGREEMENTS(a) - 128.8%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $1,270,656
(Cost $1,270,654)	1,270,654	1,270,654
Total Investments - 128.8%  (Cost $1,270,654)		1,270,654
Liabilities in excess of other assets - (28.8%)		(284,408)
Net Assets - 100.0%		986,246

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Consumer Goods had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
	(156,776	)	12/7/2020	Bank of America NA		0.34	%	iShares® U.S. Consumer Goods ETF		(39,222	)
	(34,184	)	12/7/2020	Bank of America NA		(0.01	)%	Dow Jones U.S. Consumer GoodsSM Index		(75,947	)
	(34,059	)	11/8/2021	Credit Suisse International		(0.16	)%	Dow Jones U.S. Consumer GoodsSM Index		(4,263	)
	(617,700	)	1/6/2021	Morgan Stanley & Co. International plc		(0.16	)%	Dow Jones U.S. Consumer GoodsSM Index		(382,548	)
	(74,484	)	1/6/2021	Morgan Stanley & Co. International plc		0.34	%	iShares® U.S. Consumer Goods ETF		(67,075	)
	(938,161	)	1/6/2021	Societe Generale		(0.01	)%	Dow Jones U.S. Consumer GoodsSM Index		(392,863	)
	(114,561	)	1/8/2021	UBS AG		0.09	%	Dow Jones U.S. Consumer GoodsSM Index		(341,825	)
	(1,969,925	)								(1,303,743	)
								Total Unrealized Depreciation		(1,303,743	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Consumer Services
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 114.0%
REPURCHASE AGREEMENTS(a) - 114.0%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $1,521,311
(Cost $1,521,308)		1,521,308		1,521,308
Total Investments - 114.0%  (Cost $1,521,308)				1,521,308
Liabilities in excess of other assets - (14.0%)				(187,009	)
Net Assets - 100.0%				1,334,299

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Consumer Services had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b	Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(846,761	)	12/7/2020	Bank of America NA	(0.06)%	Dow Jones U.S. Consumer ServicesSM Index		(177,208	)
	(456,035	)	12/7/2020	BNP Paribas SA	(0.16)%	Dow Jones U.S. Consumer ServicesSM Index		(324,640	)
	(74,398	)	11/8/2021	Credit Suisse International	(0.16)%	Dow Jones U.S. Consumer ServicesSM Index		(28,344	)
	(176,352	)	11/8/2021	Goldman Sachs International	(0.01)%	Dow Jones U.S. Consumer ServicesSM Index		(29,598	)
	(454,658	)	1/6/2021	Morgan Stanley & Co. International plc	(0.31)%	Dow Jones U.S. Consumer ServicesSM Index		(179,458	)
	(534,567	)	12/7/2020	Societe Generale	(0.01)%	Dow Jones U.S. Consumer ServicesSM Index		(861,916	)
	(123,998	)	11/8/2021	UBS AG	0.09%	Dow Jones U.S. Consumer ServicesSM Index		101,645
	(2,666,769	)						(1,499,519	)
						Total Unrealized Appreciation		101,645
						Total Unrealized Depreciation		(1,601,164	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Dow30^SM
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 144.6%
REPURCHASE AGREEMENTS(a) - 64.0%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $107,277,908
(Cost $107,277,719)		107,277,719		107,277,719
U.S. TREASURY OBLIGATIONS(b) - 80.6%
U.S. Treasury Bills
0.64%, 9/3/2020(c)		5,000,000		4,999,978
0.16%, 9/10/2020(c)		55,000,000		54,999,072
0.12%, 10/22/2020(c)		25,000,000		24,996,901
0.15%, 11/12/2020(c)		25,000,000		24,995,750
0.11%, 12/3/2020(c)		25,000,000		24,993,542
TOTAL U.S. TREASURY OBLIGATIONS (Cost $134,978,837)				134,985,243
TOTAL SHORT-TERM INVESTMENTS (Cost $242,256,556)				242,262,962
Total Investments - 144.6% (Cost $242,256,556)				242,262,962
Liabilities in excess of other assets - (44.6%)				(74,750,244	)
Net Assets - 100.0%				167,512,718

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $109,619,803.
(c)	The rate shown was the current yield as of August 31, 2020.

UltraShort Dow30^SM
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Futures Contracts Sold

UltraShort Dow30^SM had the following open short futures contracts as of August 31, 2020:

	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
DJIA CBOT E-Mini Index	85	9/18/2020	USD	$	12,055,550	$	(55,470	)

Swap Agreements

UltraShort Dow30^SM had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(41,548,585	)	1/6/2021	Bank of America NA		0.14	%	Dow Jones Industrial AverageSM		(33,526,652	)
	(10,774,989	)	11/6/2020	BNP Paribas SA		(0.41	)%	Dow Jones Industrial AverageSM		18,559,675
	(99,334,594	)	3/8/2021	Citibank NA		(0.21	)%	Dow Jones Industrial AverageSM		(33,539,099	)
	(64,848,944	)	11/8/2021	Credit Suisse International		(0.16	)%	Dow Jones Industrial AverageSM		(24,637,323	)
	(31,994,126	)	11/6/2020	Goldman Sachs International		(0.31	)%	Dow Jones Industrial AverageSM		(21,712,020	)
	(16,944,310	)	1/6/2021	Societe Generale		0.09	%	Dow Jones Industrial AverageSM		(14,991,746	)
	(57,525,136	)	11/6/2020	UBS AG		(0.36	)%	Dow Jones Industrial AverageSM		(35,950,739	)
	(322,970,684	)								(145,797,904	)
								Total Unrealized Appreciation		18,559,675
								Total Unrealized Depreciation		(164,357,579	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraShort Financials

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 52.8%
REPURCHASE AGREEMENTS(a) - 52.8%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $17,835,082   (Cost $17,835,050)		17,835,050		17,835,050
Total Investments - 52.8% (Cost $17,835,050)				17,835,050
Other assets less liabilities - 47.2%				15,953,960
Net Assets - 100.0%				33,789,010

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Financials had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(13,100,260	)	12/7/2020	Bank of America NA		(0.06	)%	Dow Jones U.S. FinancialsSM Indexc		1,450,599
	(4,065,414	)	12/7/2020	BNP Paribas SA		(0.31	)%	Dow Jones U.S. FinancialsSM Indexc		1,951,337
	(7,086,388	)	1/20/2021	Citibank NA		(0.26	)%	Dow Jones U.S. FinancialsSM Indexc		134,901
	(368,626	)	11/8/2021	Credit Suisse International		(0.16	)%	Dow Jones U.S. FinancialsSM Indexc		(6,021,491	)
	(24,436,366	)	12/7/2020	Goldman Sachs International		(0.36	)%	Dow Jones U.S. FinancialsSM Indexc		(3,657,292	)
	(7,694,913	)	1/6/2021	Morgan Stanley & Co. International plc		0.37	%	Dow Jones U.S. FinancialsSM Indexc		(1,655,831	)
	(9,736,397	)	1/6/2021	Societe Generale		(0.21	)%	Dow Jones U.S. FinancialsSM Indexc		(9,731,604	)
	(1,131,622	)	11/8/2021	UBS AG		(0.26	)%	Dow Jones U.S. FinancialsSM Indexc		2,455,718
	(67,619,986	)								(15,073,663	)
								Total Unrealized Appreciation		5,992,555
								Total Unrealized Depreciation		(21,066,218	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Financials for the components of the underlying reference instrument and their relative weightings.

UltraShort FTSE China 50

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 80.3%
REPURCHASE AGREEMENTS(a) - 80.3%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $22,202,618
(Cost $22,202,578)		22,202,578		22,202,578
Total Investments - 80.3% (Cost $22,202,578)				22,202,578
Other assets less liabilities - 19.7%				5,457,190
Net Assets - 100.0%				27,659,768

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

UltraShort FTSE China 50 had the following open non-exchange traded total return swap agreements as of August 31, 2020:

 

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c			Underlying Instrument	Value and Unrealized Depreciation ($)
(3,598,593	)	11/6/2020	Bank of America NA		1.34	%	iShares® China Large-Cap ETF		(2,445,656	)
(11,560,061	)	11/9/2021	Citibank NA		2.64	%	iShares® China Large-Cap ETF		(4,548,924	)
(16,984,489	)	11/9/2021	Credit Suisse International		0.64	%	iShares® China Large-Cap ETF		(198,557	)
(2,600,492	)	11/9/2021	Goldman Sachs International		1.64	%	iShares® China Large-Cap ETF		(2,587,537	)
(1,041,744	)	11/6/2020	Morgan Stanley & Co. International plc		1.34	%	iShares® China Large-Cap ETF		(109,133	)
(8,252,905	)	11/9/2021	Societe Generale		1.54	%	iShares® China Large-Cap ETF		(225,132	)
(11,008,717	)	11/9/2021	UBS AG		1.59	%	iShares® China Large-Cap ETF		(5,208,807	)
(55,047,001	)								(15,323,746	)
							Total Unrealized Depreciation		(15,323,746	)

 

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort FTSE Europe
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 75.2%
REPURCHASE AGREEMENTS(a) - 75.2%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $10,657,334
(Cost $10,657,315)		10,657,315		10,657,315
Total Investments - 75.2% (Cost $10,657,315)				10,657,315
Other assets less liabilities - 24.8%				3,516,691
Net Assets - 100.0%				14,174,006

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort FTSE Europe
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Swap Agreements^a

UltraShort FTSE Europe had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Dateb	Counterparty	Rate Paid (Received)c			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(4,039,189	)	12/13/2021	Citibank NA		0.69	%	Vanguard® FTSE Europe ETF Shares		(4,002,604	)
	(6,198,776	)	11/9/2021	Credit Suisse International		(0.16	)%	Vanguard® FTSE Europe ETF Shares		(4,352,336	)
	(10,802,051	)	11/9/2021	Goldman Sachs International		0.69	%	Vanguard® FTSE Europe ETF Shares		(1,017,563	)
	(1,126,114	)	11/9/2021	Morgan Stanley & Co. International plc		0.34	%	Vanguard® FTSE Europe ETF Shares		19,498
	(1,874,828	)	11/6/2020	Societe Generale		0.84	%	Vanguard® FTSE Europe ETF Shares		(334,780	)
	(4,166,990	)	1/14/2022	UBS AG		0.34	%	Vanguard® FTSE Europe ETF Shares		(3,882,124	)
	(28,207,948	)								(13,569,909	)
								Total Unrealized Appreciation		19,498
								Total Unrealized Depreciation		(13,589,407	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Health Care

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 110.2%
REPURCHASE AGREEMENTS(a) - 110.2%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $2,625,137    (Cost $2,625,134)		2,625,134		2,625,134
Total Investments - 110.2% (Cost $2,625,134)				2,625,134
Liabilities in excess of other assets - (10.2%)				(242,232	)
Net Assets - 100.0%				2,382,902

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Health Care had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
	(1,566,946	)	11/6/2020	Bank of America NA		(0.16	)%	Dow Jones U.S. Health CareSM Indexc		(490,273	)
	(193,430	)	12/7/2020	Bank of America NA		0.29	%	iShares® U.S. Healthcare ETF		(29,843	)
	(107,782	)	11/8/2021	Credit Suisse International		(0.16	)%	Dow Jones U.S. Health CareSM Indexc		(11,935	)
	(53,299	)	1/6/2021	Morgan Stanley & Co. International plc		(0.36	)%	Dow Jones U.S. Health CareSM Indexc		(7,489	)
	(42,653	)	1/6/2021	Morgan Stanley & Co. International plc		0.19	%	iShares® U.S. Healthcare ETF		(6,029	)
	(933,323	)	1/6/2021	Societe Generale		(0.26	)%	Dow Jones U.S. Health CareSM Indexc		(143,819	)
	(1,869,226	)	11/6/2020	UBS AG		0.09	%	Dow Jones U.S. Health CareSM Indexc		(794,379	)
	(4,766,659	)								(1,483,767	)
								Total Unrealized Depreciation		(1,483,767	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Health Care for the components of the underlying reference instrument and their relative weightings.

UltraShort Industrials
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 57.6%
REPURCHASE AGREEMENTS(a) - 57.6%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $1,056,116 (Cost $1,056,115)		1,056,115		1,056,115
Total Investments - 57.6%  (Cost $1,056,115)				1,056,115
Other assets less liabilities - 42.4%				777,415
Net Assets - 100.0%				1,833,530

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Industrials had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
(194,779	)	11/8/2021	Bank of America NA		(0.06	)%	Dow Jones U.S. IndustrialsSM Index		(1,326,658	)
(56,738	)	2/8/2021	Bank of America NA		0.34	%	iShares® U.S. Industrials ETF		(99,505	)
(64,716	)	11/8/2021	Credit Suisse International		(0.16	)%	Dow Jones U.S. IndustrialsSM Index		(1,752	)
(261,053	)	1/6/2021	Morgan Stanley & Co. International plc		0.19	%	iShares® U.S. Industrials ETF		25,002
(40,959	)	1/6/2021	Morgan Stanley & Co. International plc		(0.16	)%	Dow Jones U.S. IndustrialsSM Index		2,876
(64,716	)	1/6/2021	Societe Generale		(0.01	)%	Dow Jones U.S. IndustrialsSM Index		366,498
(2,978,575	)	1/8/2021	UBS AG		0.09	%	Dow Jones U.S. IndustrialsSM Index		(1,522,897	)
(3,661,536	)								(2,556,436	)
							Total Unrealized Appreciation		394,376
							Total Unrealized Depreciation		(2,950,812	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 99.2%
REPURCHASE AGREEMENTS(a) - 99.2%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $5,504,235
(Cost $5,504,226)		5,504,226		5,504,226
Total Investments - 99.2%  (Cost $5,504,226)				5,504,226
Other assets less liabilities - 0.8%				41,795
Net Assets - 100.0%				5,546,021

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort MidCap400

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Futures Contracts Sold
UltraShort MidCap400 had the following open short futures contracts as of August 31, 2020:
	Number of Contracts	Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
S&P Midcap 400 E-Mini Index	2	9/18/2020	USD	$	384,900	$	(23,457	)

Swap Agreements
UltraShort MidCap400 had the following open non-exchange traded total return swap agreements as of August 31, 2020:
Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(1,271,842	)	11/6/2020	Bank of America NA		(0.26	)%	S&P MidCap 400®		(1,594,063	)
	(2,006,717	)	11/6/2020	BNP Paribas SA		(0.26	)%	S&P MidCap 400®		(87,830	)
	(574,109	)	1/6/2021	Citibank NA		(0.31	)%	S&P MidCap 400®		(1,206,125	)
	(2,877,012	)	11/6/2020	Credit Suisse International		(0.11	)%	S&P MidCap 400®		(902,335	)
	(859,237	)	1/6/2021	Morgan Stanley & Co. International plc		0.51	%	S&P MidCap 400®		20,977
	(3,119,068	)	1/6/2021	Societe Generale		0.26	%	S&P MidCap 400®		(1,232,315	)
	(10,707,985	)								(5,001,691	)
								Total Unrealized Appreciation		20,977
								Total Unrealized Depreciation		(5,022,668	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraShort MSCI Brazil Capped
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 50.7%
REPURCHASE AGREEMENTS(a) - 50.7%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $13,675,299
(Cost $13,675,276)		13,675,276		13,675,276
Total Investments - 50.7% (Cost $13,675,276)				13,675,276
Other assets less liabilities - 49.3%				13,297,810
Net Assets - 100.0%				26,973,086

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort MSCI Brazil Capped
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Swap Agreements^a

UltraShort MSCI Brazil Capped had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Dateb	Counterparty	Rate Paid (Received)c			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(4,581,614	)	1/8/2021	Bank of America NA		1.34	%	iShares® MSCI Brazil Capped ETF		2,883,451
	(3,246,717	)	12/13/2021	Citibank NA		0.09	%	iShares® MSCI Brazil Capped ETF		(3,225,867	)
	(3,013,523	)	12/13/2021	Credit Suisse International		0.19	%	iShares® MSCI Brazil Capped ETF		247,707
	(21,543,051	)	11/9/2021	Goldman Sachs International		0.54	%	iShares® MSCI Brazil Capped ETF		(9,205,247	)
	(1,376,265	)	11/6/2020	Morgan Stanley & Co. International plc		0.34	%	iShares® MSCI Brazil Capped ETF		(1,349,818	)
	(6,459,003	)	1/14/2022	Societe Generale		0.94	%	iShares® MSCI Brazil Capped ETF		(1,722,271	)
	(13,528,379	)	2/15/2022	UBS AG		0.59	%	iShares® MSCI Brazil Capped ETF		884,664
	(53,748,552	)								(11,487,381	)
								Total Unrealized Appreciation		4,015,822
								Total Unrealized Depreciation		(15,503,203	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort MSCI EAFE

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 102.3%
REPURCHASE AGREEMENTS(a) - 102.3%
Repurchase Agreements with various counterparties, rates 0.06% -0.07%, dated 8/31/2020, due 9/1/2020, total to be received $2,428,163 (Cost $2,428,159)		2,428,159		2,428,159
Total Investments - 102.3%  (Cost $2,428,159)				2,428,159
Liabilities in excess of other assets - (2.3%)				(54,646	)
Net Assets - 100.0%				2,373,513

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

UltraShort MSCI EAFE had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Dateb	Counterparty	Rate Paid (Received)c			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(318,736	)	11/9/2021	Citibank NA		0.29	%	iShares® MSCI EAFE ETF		(257,782	)
	(1,301,699	)	11/9/2021	Credit Suisse International		(0.06	)%	iShares® MSCI EAFE ETF		(414,219	)
	(1,008,555	)	11/9/2021	Goldman Sachs International		(0.11	)%	iShares® MSCI EAFE ETF		65,970
	(545,574	)	11/9/2021	Societe Generale		0.69	%	iShares® MSCI EAFE ETF		62,338
	(1,554,129	)	1/14/2022	UBS AG		0.24	%	iShares® MSCI EAFE ETF		(432,612	)
	(4,728,693	)								(976,305	)
								Total Unrealized Appreciation		128,308
								Total Unrealized Depreciation		(1,104,613	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort MSCI Emerging Markets

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)	Value ($)
SHORT-TERM INVESTMENTS - 86.5%
REPURCHASE AGREEMENTS(a) - 86.5%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $9,750,578 (Cost $9,750,561)	9,750,561		9,750,561
Total Investments - 86.5% (Cost $9,750,561)			9,750,561
Other assets less liabilities - 13.5%			1,516,314
Net Assets - 100.0%			11,266,875

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort MSCI Emerging Markets

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Swap Agreements^a

UltraShort MSCI Emerging Markets had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Dateb	Counterparty	Rate Paid (Received)c		Underlying Instrument	Value and Unrealized Depreciation ($)
(11,148,128	)	12/13/2021	Citibank NA	0.44	%	iShares® MSCI Emerging Markets ETF	(3,872,557	)
(4,523,708	)	11/9/2021	Credit Suisse International	0.14	%	iShares® MSCI Emerging Markets ETF	(681,449	)
(2,019,340	)	11/9/2021	Goldman Sachs International	1.89	%	iShares® MSCI Emerging Markets ETF	(2,015,970	)
(910,503	)	11/6/2020	Societe Generale	1.59	%	iShares® MSCI Emerging Markets ETF	(814,707	)
(3,824,540	)	1/14/2022	UBS AG	0.94	%	iShares® MSCI Emerging Markets ETF	(2,530,447	)
(22,426,219	)						(9,915,130	)
						Total Unrealized Depreciation	(9,915,130	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort MSCI Japan
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 72.0%
REPURCHASE AGREEMENTS(a) - 72.0%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $5,559,038 (Cost $5,559,028)		5,559,028		5,559,028
Total Investments - 72.0% (Cost $5,559,028)				5,559,028
Other assets less liabilities - 28.0%				2,164,530
Net Assets - 100.0%				7,723,558

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements^a

UltraShort MSCI Japan had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Dateb	Counterparty	Rate Paid (Received)c			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(4,923,718	)	1/8/2021	Bank of America NA		0.29	%	iShares® MSCI Japan ETF		(600,933	)
	(1,682,843	)	11/9/2021	Credit Suisse International		(0.16	)%	iShares® MSCI Japan ETF		607,729
	(1,417,398	)	11/9/2021	Morgan Stanley & Co. International plc		0.24	%	iShares® MSCI Japan ETF		7,090
	(4,600,193	)	11/9/2021	Societe Generale		1.04	%	iShares® MSCI Japan ETF		(802,035	)
	(2,823,366	)	1/14/2022	UBS AG		0.49	%	iShares® MSCI Japan ETF		(1,355,538	)
	(15,447,518	)								(2,143,687	)
								Total Unrealized Appreciation		614,819
								Total Unrealized Depreciation		(2,758,506	)

a	In order to facilitate the daily valuation of these swap transactions as of close of business New York time, one or more financial products traded on a U.S. exchange are used as the reference entity as a surrogate for the respective underlying index for the purposes of both daily valuation calculation as well as final settlement of the swap.
b	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
c	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Nasdaq Biotechnology
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 95.1%
REPURCHASE AGREEMENTS(a) - 95.1%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $11,965,285 (Cost $11,965,264)		11,965,264		11,965,264
Total Investments - 95.1% (Cost $11,965,264)				11,965,264
Other assets less liabilities - 4.9%				615,831
Net Assets - 100.0%				12,581,095

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Nasdaq Biotechnology had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
	(6,960,634	)	12/7/2020	Bank of America NA		0.14	%	NASDAQ Biotechnology Index®		(205,640	)
	(839,072	)	12/7/2020	Bank of America NA		0.61	%	iShares® Nasdaq Biotechnology ETF		(1,124,401	)
	(494,435	)	11/6/2020	Citibank NA		0.89	%	NASDAQ Biotechnology Index®		(209,177	)
	(1,236,087	)	11/8/2021	Credit Suisse International		0.59	%	NASDAQ Biotechnology Index®		(39,836	)
	(1,981,578	)	1/6/2021	Morgan Stanley & Co. International plc		0.49	%	iShares® Nasdaq Biotechnology ETF		(2,412,670	)
	(166,232	)	1/6/2021	Morgan Stanley & Co. International plc		(0.01	)%	NASDAQ Biotechnology Index®		(30,687	)
	(5,869,284	)	1/6/2021	Societe Generale		0.04	%	NASDAQ Biotechnology Index®		(2,669,982	)
	(7,591,281	)	11/8/2021	UBS AG		0.84	%	NASDAQ Biotechnology Index®		(3,713,137	)
	(25,138,603	)								(10,405,530	)
								Total Unrealized Depreciation		(10,405,530	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Oil & Gas
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 89.2%
REPURCHASE AGREEMENTS(a) - 89.2%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $16,087,375
(Cost $16,087,346)		16,087,346		16,087,346
Total Investments - 89.2% (Cost $16,087,346)				16,087,346
Other assets less liabilities - 10.8%				1,944,452
Net Assets - 100.0%				18,031,798

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort Oil & Gas
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Swap Agreements

UltraShort Oil & Gas had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(11,648,292	)	1/6/2021	Bank of America NA		0.14	%	Dow Jones U.S. Oil & GasSM Index		(5,145,159	)
	(2,435,553	)	12/7/2020	Bank of America NA		0.84	%	iShares® U.S. Energy ETF		(748,643	)
	(720,452	)	11/8/2021	Credit Suisse International		(0.16	)%	Dow Jones U.S. Oil & GasSM Index		140,914
	(627,726	)	12/7/2020	Goldman Sachs International		(0.26	)%	Dow Jones U.S. Oil & GasSM Index		236,022
	(3,466,536	)	3/8/2021	Morgan Stanley & Co. International plc		0.60	%	Dow Jones U.S. Oil & GasSM Index		(1,539,970	)
	(818,545	)	1/6/2021	Morgan Stanley & Co. International plc		0.39	%	iShares® U.S. Energy ETF		360,202
	(3,341,927	)	3/8/2021	Societe Generale		(0.01	)%	Dow Jones U.S. Oil & GasSM Index		(334,021	)
	(12,998,852	)	1/6/2021	UBS AG		(0.01	)%	Dow Jones U.S. Oil & GasSM Index		(8,741,974	)
	(36,057,883	)								(15,772,629	)
								Total Unrealized Appreciation		737,138
								Total Unrealized Depreciation		(16,509,767	)

^a Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.

^b Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort QQQ

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 176.2%
REPURCHASE AGREEMENTS(a) - 59.8%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $166,780,352  (Cost $166,780,060)		166,780,060		166,780,060
U.S. TREASURY OBLIGATIONS(b) - 116.4%
U.S. Treasury Bills
0.64%, 9/3/2020(c)		10,000,000		9,999,957
0.19%, 9/10/2020(c)		60,000,000		59,998,986
0.16%, 9/22/2020(c)		25,000,000		24,998,906
0.12%, 10/1/2020(c)		30,000,000		29,997,937
0.13%, 10/8/2020(c)		25,000,000		24,997,784
0.12%, 10/15/2020(c)		50,000,000		49,995,111
0.13%, 10/22/2020(c)		30,000,000		29,996,281
0.16%, 11/3/2020(c)		25,000,000		24,996,281
0.10%, 11/12/2020(c)		20,000,000		19,996,600
0.11%, 12/3/2020(c)		25,000,000		24,993,542
0.09%, 12/15/2020(c)		25,000,000		24,993,438
TOTAL U.S. TREASURY OBLIGATIONS (Cost $324,950,785)				324,964,823
TOTAL SHORT-TERM INVESTMENTS (Cost $491,730,845)				491,744,883
Total Investments - 176.2% (Cost $491,730,845)				491,744,883
Liabilities in excess of other assets - (76.2%)				(212,678,514	)
Net Assets - 100.0%				279,066,369

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $229,958,070.
(c)	The rate shown was the current yield as of August 31, 2020.

UltraShort QQQ

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Futures Contracts Sold

UltraShort QQQ had the following open short futures contracts as of August 31, 2020:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
NASDAQ 100 E-Mini Index		136	9/18/2020	USD	$	32,892,280	$	(1,918,669	)

Swap Agreements

UltraShort QQQ had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
	(50,511,780	)	11/6/2020	Bank of America NA		0.54	%	NASDAQ-100 Index®		(43,342,026	)
	(103,776,588	)	1/6/2021	BNP Paribas SA		(0.36	)%	NASDAQ-100 Index®		(58,500,094	)
	(91,096,686	)	1/20/2021	Citibank NA		(0.21	)%	NASDAQ-100 Index®		(64,908,794	)
	(102,722,957	)	11/8/2021	Credit Suisse International		(0.06	)%	NASDAQ-100 Index®		(43,074,043	)
	(64,077,714	)	12/7/2020	Goldman Sachs International		(0.41	)%	NASDAQ-100 Index®		(30,388,289	)
	(20,685,076	)	1/6/2021	Morgan Stanley & Co. International plc		0.27	%	NASDAQ-100 Index®		(6,720,261	)
	(63,617,507	)	1/6/2021	Societe Generale		(0.11	)%	NASDAQ-100 Index®		(36,132,365	)
	(28,771,862	)	11/6/2020	UBS AG		(0.31	)%	NASDAQ-100 Index®		(39,956,011	)
	(525,260,170	)								(323,021,883	)
								Total Unrealized Depreciation		(323,021,883	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations

USD U.S. Dollar

UltraShort Real Estate

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 95.4%
REPURCHASE AGREEMENTS(a) - 95.4%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $34,185,724
(Cost $34,185,664)		34,185,664		34,185,664
Total Investments - 95.4% (Cost $34,185,664)				34,185,664
Other assets less liabilities - 4.6%				1,644,322
Net Assets - 100.0%				35,829,986

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

UltraShort Real Estate

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Swap Agreements

UltraShort Real Estate had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(14,255,823	)	11/6/2020	Bank of America NA		(0.51	)%	Dow Jones U.S. Real EstateSM Index		(2,032,786	)
	(5,026,837	)	12/7/2020	Bank of America NA		0.84	%	iShares® U.S. Real Estate ETF		644,637
	(16,717,119	)	12/7/2020	BNP Paribas SA		(0.31	)%	Dow Jones U.S. Real EstateSM Index		(4,574,464	)
	(7,246,101	)	11/8/2021	Credit Suisse International		(0.21	)%	Dow Jones U.S. Real EstateSM Index		(90,124	)
	(37,530	)	12/7/2020	Goldman Sachs International		(0.26	)%	Dow Jones U.S. Real EstateSM Index		3,774
	(6,117,952	)	12/8/2020	Morgan Stanley & Co. International plc		0.38	%	Dow Jones U.S. Real EstateSM Index		(4,739,817	)
	(4,013,026	)	12/8/2020	Morgan Stanley & Co. International plc		0.34	%	iShares® U.S. Real Estate ETF		(4,770,288	)
	(7,389,425	)	1/6/2021	Societe Generale		(0.11	)%	Dow Jones U.S. Real EstateSM Index		(3,351,421	)
	(10,720,490	)	11/8/2021	UBS AG		0.09	%	Dow Jones U.S. Real EstateSM Index		(8,797,022	)
	(71,524,303	)								(27,707,511	)
								Total Unrealized Appreciation		648,411
								Total Unrealized Depreciation		(28,355,922	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Russell2000
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 160.3%
REPURCHASE AGREEMENTS(a) - 52.3%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $60,616,549 (Cost $60,616,442)		60,616,442		60,616,442
U.S. TREASURY OBLIGATIONS(b) - 108.0%
U.S. Treasury Bills
0.64%, 9/3/2020(c)		3,000,000		2,999,987
0.14%, 9/10/2020(c)		52,000,000		51,999,122
0.12%, 10/22/2020(c)		25,000,000		24,996,901
0.10%, 11/12/2020(c)		20,000,000		19,996,600
0.11%, 12/3/2020(c)		25,000,000		24,993,542
TOTAL U.S. TREASURY OBLIGATIONS (Cost $124,982,697)				124,986,152
TOTAL SHORT-TERM INVESTMENTS (Cost $185,599,139)				185,602,594
Total Investments - 160.3%  (Cost $185,599,139)				185,602,594
Liabilities in excess of other assets - (60.3%)				(69,804,947	)
Net Assets - 100.0%				115,797,647

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $77,325,103.
(c)	The rate shown was the current yield as of August 31, 2020.

UltraShort Russell2000
Schedule of Portfolio Investments
August 31, 2020 (Unaudited)

Futures Contracts Sold

UltraShort Russell2000 had the following open short futures contracts as of August 31, 2020:  

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Appreciation
Russell 2000 E-Mini Index		68	9/18/2020	USD	$	5,300,260	$	24,534

Swap Agreements

UltraShort Russell2000 had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(92,908,094	)	1/6/2021	Bank of America NA		0.84	%	Russell 2000® Index		(31,330,133	)
	(18,619,172	)	11/6/2020	BNP Paribas SA		0.24	%	Russell 2000® Index		(4,586,985	)
	(52,683,774	)	1/6/2021	Citibank NA		0.24	%	Russell 2000® Index		(36,638,374	)
	(899,643	)	11/8/2021	Credit Suisse International		0.14	%	Russell 2000® Index		665,057
	(2,994,124	)	12/7/2020	Goldman Sachs International		0.14	%	Russell 2000® Index		30,034
	(19,126,201	)	1/6/2021	Morgan Stanley & Co. International plc		0.44	%	iShares® Russell 2000 ETF		(7,378,646	)
	(7,603,232	)	1/6/2021	Morgan Stanley & Co. International plc		0.70	%	Russell 2000® Index		975,864
	(6,263,139	)	3/8/2021	Societe Generale		0.34	%	Russell 2000® Index		(53,932,323	)
	(25,158,537	)	1/6/2021	UBS AG		0.34	%	Russell 2000® Index		(15,573,108	)
	(226,255,916	)								(147,768,614	)
								Total Unrealized Appreciation		1,670,955
								Total Unrealized Depreciation		(149,439,569	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraShort S&P500®

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 157.1%
REPURCHASE AGREEMENTS(a) - 36.7%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $394,512,031
(Cost $394,511,336)		394,511,336		394,511,336
U.S. TREASURY OBLIGATIONS(b) - 120.4%
U.S. Treasury Bills
0.64%, 9/3/2020(c)		35,000,000		34,999,849
0.17%, 9/8/2020(c)		100,000,000		99,998,444
0.29%, 9/10/2020(c)		85,000,000		84,998,565
0.11%, 9/17/2020(c)		75,000,000		74,997,500
0.16%, 9/22/2020(c)		25,000,000		24,998,906
0.06%, 9/24/2020(c)		50,000,000		49,997,764
0.14%, 10/1/2020(c)		155,000,000		154,989,345
0.11%, 10/8/2020(c)		75,000,000		74,993,351
0.14%, 10/13/2020(c)		25,000,000		24,997,667
0.12%, 10/15/2020(c)		75,000,000		74,992,667
0.13%, 10/22/2020(c)		90,000,000		89,988,844
0.12%, 10/29/2020(c)		25,000,000		24,996,526
0.16%, 11/3/2020(c)		25,000,000		24,996,281
0.13%, 11/5/2020(c)		50,000,000		49,992,552
0.14%, 11/12/2020(c)		110,000,000		109,981,300
0.09%, 11/19/2020(c)		75,000,000		74,985,599
0.16%, 11/27/2020(c)		50,000,000		49,988,823
0.11%, 12/3/2020(c)		45,000,000		44,988,375
0.09%, 12/15/2020(c)		25,000,000		24,993,438
0.12%, 12/31/2020(c)		25,000,000		24,991,597
0.10%, 1/5/2021(c)		25,000,000		24,990,813
0.13%, 3/25/2021(c)		50,000,000		49,969,392
TOTAL U.S. TREASURY OBLIGATIONS (Cost $1,294,758,233)				1,294,827,598
TOTAL SHORT-TERM INVESTMENTS (Cost $1,689,269,569)				1,689,338,934
Total Investments - 157.1% (Cost $1,689,269,569)				1,689,338,934
Liabilities in excess of other assets - (57.1%)				(614,225,816	)
Net Assets - 100.0%				1,075,113,118

(a)	The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.
(b)	All or a portion of these securities are segregated in connection with obligations for swaps with a total value of $733,082,404.
(c)	The rate shown was the current yield as of August 31, 2020.

UltraShort S&P500®

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Futures Contracts Sold

UltraShort S&P500® had the following open short futures contracts as of August 31, 2020:

	Number of Contracts		Expiration Date	Trading Currency	Notional Amount		Value and Unrealized Depreciation
S&P 500 E-Mini Index		463	9/18/2020	USD	$	80,851,375	$	(3,188,099	)

Swap Agreements

UltraShort S&P500® had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)		Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
(413,208,277	)	11/6/2020	Bank of America NA		0.84	%	S&P 500®		(146,621,694	)
(155,964,111	)	11/6/2020	BNP Paribas SA		(0.41	)%	S&P 500®		(123,260,586	)
(282,562,525	)	1/20/2021	Citibank NA		(0.21	)%	S&P 500®		(90,207,079	)
(239,981,254	)	11/8/2021	Credit Suisse International		(0.16	)%	S&P 500®		(79,194,281	)
(298,551,941	)	3/8/2021	Goldman Sachs International		(0.46	)%	S&P 500®		(37,826,862	)
(6,944,615	)	10/31/2021	J.P. Morgan Securities		(0.26	)%	S&P 500®		(699,954	)
(24,043,629	)	11/8/2021	Morgan Stanley & Co. International plc		0.33	%	S&P 500®		(2,793,489	)
(285,257,763	)	1/6/2021	Societe Generale		(0.11	)%	S&P 500®		(114,701,228	)
(362,833,944	)	11/6/2020	UBS AG		(0.31	)%	S&P 500®		(168,503,270	)
(2,069,348,059	)								(763,808,443	)
							Total Unrealized Depreciation		(763,808,443	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

Abbreviations
USD	U.S. Dollar

UltraShort Semiconductors

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 107.9%
REPURCHASE AGREEMENTS(a) - 107.9%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $5,698,592 (Cost $5,698,582)		5,698,582		5,698,582
Total Investments - 107.9% (Cost $5,698,582)				5,698,582
Liabilities in excess of other assets - (7.9%)				(416,135	)
Net Assets - 100.0%				5,282,447

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Semiconductors had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
	(1,575,169	)	12/7/2020	Bank of America NA		(0.06	)%	Dow Jones U.S. SemiconductorsSM Indexc		(972,423	)
	(218,054	)	11/8/2021	Credit Suisse International		(0.16	)%	Dow Jones U.S. SemiconductorsSM Indexc		(18,966	)
	(2,079,491	)	1/6/2021	Morgan Stanley & Co. International plc		(0.06	)%	Dow Jones U.S. SemiconductorsSM Indexc		(330,232	)
	(3,547,366	)	3/8/2021	Societe Generale		(0.26	)%	Dow Jones U.S. SemiconductorsSM Indexc		(1,487,518	)
	(3,100,621	)	11/8/2021	UBS AG		(0.26	)%	Dow Jones U.S. SemiconductorsSM Indexc		(1,092,301	)
	(10,520,701	)								(3,901,440	)
								Total Unrealized Depreciation		(3,901,440	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Semiconductors for the components of the underlying reference instrument and their relative weightings.

UltraShort SmallCap600

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 92.5%
REPURCHASE AGREEMENTS(a) - 92.5%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $6,413,915 (Cost $6,413,902)		6,413,902		6,413,902
Total Investments - 92.5% (Cost $6,413,902)				6,413,902
Other assets less liabilities - 7.5%				517,543
Net Assets - 100.0%				6,931,445

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort SmallCap600 had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
	(1,230,511	)	1/6/2021	Bank of America NA		(0.08	)%	S&P SmallCap 600®		(1,784,578	)
	(2,763,779	)	3/8/2021	Credit Suisse International		(0.06	)%	S&P SmallCap 600®		(2,001,778	)
	(2,629,860	)	1/6/2021	Morgan Stanley & Co. International plc		0.54	%	S&P SmallCap 600®		(1,461,758	)
	(4,958,624	)	1/6/2021	Societe Generale		0.24	%	S&P SmallCap 600®		(1,666,084	)
	(2,280,297	)	11/6/2020	UBS AG		(0.01	)%	S&P SmallCap 600®		(1,244,980	)
	(13,863,071	)								(8,159,178	)
								Total Unrealized Depreciation		(8,159,178	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).

UltraShort Technology

Schedule of Portfolio Investments

August 31, 2020 (Unaudited)

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 97.9%
REPURCHASE AGREEMENTS(a) - 97.9%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $3,661,804
(Cost $3,661,798)		3,661,798		3,661,798
Total Investments - 97.9% (Cost $3,661,798)				3,661,798
Other assets less liabilities - 2.1%				80,015
Net Assets - 100.0%				3,741,813

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Technology had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Depreciation ($)
	(1,666,331	)	12/7/2020	Bank of America NA		(0.11	)%	Dow Jones U.S. TechnologySM Indexc		(1,158,428	)
	(2,684,450	)	12/7/2020	BNP Paribas SA		(0.31	)%	Dow Jones U.S. TechnologySM Indexc		(732,747	)
	(342,976	)	11/8/2021	Credit Suisse International		(0.11	)%	Dow Jones U.S. TechnologySM Indexc		(198,333	)
	(1,160,843	)	11/8/2021	Goldman Sachs International		(0.06	)%	Dow Jones U.S. TechnologySM Indexc		(575,548	)
	(184,680	)	1/6/2021	Morgan Stanley & Co. International plc		(0.26	)%	Dow Jones U.S. TechnologySM Indexc		(58,047	)
	(652,974	)	1/6/2021	Societe Generale		(0.01	)%	Dow Jones U.S. TechnologySM Indexc		(2,320,509	)
	(801,378	)	12/8/2020	UBS AG		(0.01	)%	Dow Jones U.S. TechnologySM Indexc		(1,547,319	)
	(7,493,632	)								(6,590,931	)
								Total Unrealized Depreciation		(6,590,931	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Technology for the components of the underlying reference instrument and their relative weightings.

UltraShort Utilities
Schedule of Portfolio Investments
August 31, 2020 (Unaudited) 

Investments	Principal Amount ($)		Value ($)
SHORT-TERM INVESTMENTS - 39.4%
REPURCHASE AGREEMENTS(a) - 39.4%
Repurchase Agreements with various counterparties, rates 0.06% - 0.07%, dated 8/31/2020, due 9/1/2020, total to be received $606,729
(Cost $606,728)		606,728		606,728
Total Investments - 39.4% (Cost $606,728)				606,728
Other assets less liabilities - 60.6%				935,040
Net Assets - 100.0%				1,541,768

(a) The Fund invests in Repurchase Agreements jointly with other funds in the Trust. See "Repurchase Agreements" in the Notes to Schedules of Portfolio of Investments to view the details of each individual agreement and counterparty as well as a description of the securities subject to repurchase.

Swap Agreements

UltraShort Utilities had the following open non-exchange traded total return swap agreements as of August 31, 2020:

Notional Amount ($)			Termination Datea	Counterparty	Rate Paid (Received)b			Underlying Instrument	Value and Unrealized Appreciation/ (Depreciation) ($)
	(885,922	)	12/7/2020	Bank of America NA		0.04	%	Dow Jones U.S. UtilitiesSM Indexc		(430,913	)
	(705,796	)	11/8/2021	Credit Suisse International		(0.11	)%	Dow Jones U.S. UtilitiesSM Indexc		246,677
	(217,302	)	1/6/2021	Morgan Stanley & Co. International plc		(0.01	)%	Dow Jones U.S. UtilitiesSM Indexc		10,665
	(511,505	)	1/6/2021	Societe Generale		(0.01	)%	Dow Jones U.S. UtilitiesSM Indexc		176,928
	(761,724	)	11/8/2021	UBS AG		0.09	%	Dow Jones U.S. UtilitiesSM Indexc		(749,275	)
	(3,082,249	)								(745,918	)
								Total Unrealized Appreciation		434,270
								Total Unrealized Depreciation		(1,180,188	)

a	Agreements may be terminated at will by either party without penalty. Payment is due at termination/maturity.
b	Reflects the floating financing rate, as of August 31, 2020, on the notional amount of the swap agreement paid to the counterparty or received from the counterparty, excluding any commissions. This amount is included as part of the unrealized appreciation/(depreciation).
c	See the Common Stocks section of the Schedule of Portfolio Investments of ProShares Ultra Utilities for the components of the underlying reference instrument and their relative weightings.

PROSHARES TRUST
NOTES TO SCHEDULES OF PORTFOLIO INVESTMENTS
AUGUST 31, 2020 (UNAUDITED)

Repurchase Agreements

Each of the Funds may enter into repurchase agreements. Repurchase agreements are primarily used by the Funds as short-term investments for cash positions. Under a repurchase agreement, a Fund purchases one or more debt securities and simultaneously agrees to sell those securities back to the seller at a mutually agreed-upon future price and date, normally one day or a few days later. The resale price is greater than the purchase price, reflecting an agreed-upon market interest rate during the purchaser’s holding period. While the maturities of the underlying securities in repurchase transactions may be more than one year, the term of each repurchase agreement will always be less than one year. The Funds follow certain procedures designed to minimize the risks inherent in such agreements. These procedures include effecting repurchase transactions generally with major global financial institutions whose creditworthiness is continuously monitored by the Advisor. In addition, the value of the collateral underlying the repurchase agreement is required to be at least equal to the repurchase price, including any accrued interest income earned on the repurchase agreement. The Funds may invest in repurchase agreements through joint account arrangements; in such cases, each Fund holds a pro rata share of the collateral and interest income based upon the dollar amount of the repurchase agreements entered into by each Fund. The collateral underlying the repurchase agreement is held by the Fund’s custodian. A repurchase agreement is subject to the risk that the counterparty to the repurchase agreement that sells the securities may default on its obligation to repurchase them. In this circumstance, a Fund may lose money because it may not be able to sell the securities at the agreed upon time and price, the securities may lose value before they can be sold, the selling institution may declare bankruptcy or the Fund may have difficulty exercising rights to the collateral. During periods of high demand for repurchase agreements, the Funds may be unable to invest available cash in these instruments to the extent desired by the Advisor.

On August 31, 2020, the Funds had interest in joint repurchase agreements with the following counterparties, for the time periods and rates indicated. Amounts shown in the table below represent Principal Amount, Cost and Value for each respective repurchase agreement.

Fund Name	Bank of America Securities, Inc., 0.07%, dated 08/31/2020 due 09/01/2020 (a)		BNP Paribas Securities Corp., 0.06%, dated 08/31/2020 due 09/01/2020 (b)		Credit Suisse Securities (USA) LLC,  0.06%, dated 08/31/2020 due 09/01/2020 (c)		ING Financial Markets LLC, 0.07.%, dated 08/31/2020 due 09/01/2020 (d)		Total
Short 7-10 Year Treasury	$	2,053,291	$	7,528,726	$	4,046,971	$	3,442,681	$	17,071,669
Short 20+ Year Treasury		18,870,236		69,190,866		37,192,666		31,639,097		156,892,865
Short Basic Materials		148,421		544,212		292,534		248,854		1,234,021
Short Dow30SM		26,921,703		98,712,911		53,061,864		45,138,722		223,835,200
Short Financials		2,554,841		9,367,753		5,035,514		4,283,616		21,241,724
Short FTSE China 50		689,453		2,527,999		1,358,893		1,155,985		5,732,330
Short High Yield		7,919,238		29,037,205		15,608,579		13,277,923		65,842,945
Short MidCap400		2,833,846		10,390,770		5,585,425		4,751,415		23,561,456
Short MSCI EAFE		3,392,381		12,438,729		6,686,280		5,687,891		28,205,281
Short MSCI Emerging Markets		6,540,074		23,980,271		12,890,288		10,965,524		54,376,157
Short Oil & Gas		504,187		1,848,688		993,738		845,355		4,191,968
Short QQQ		28,418,810		104,202,303		56,012,616		47,648,871		236,282,600
Short Real Estate		2,455,072		9,001,932		4,838,873		4,116,337		20,412,214
Short Russell2000		24,320,035		89,173,463		47,934,055		40,776,593		202,204,146
Short S&P500®		69,917,499		256,364,163		137,805,279		117,228,339		581,315,280
Short SmallCap600		1,462,512		5,362,544		2,882,567		2,452,145		12,159,768
Ultra 7-10 Year Treasury		234,564		860,066		462,318		393,285		1,950,233
Ultra 20+ Year Treasury		3,399,790		12,465,898		6,700,884		5,700,316		28,266,888
Ultra Basic Materials		910,574		3,338,773		1,794,715		1,526,730		7,570,792
Ultra Communication Services Select Sector		22,322		81,848		43,997		37,427		185,594
Ultra Consumer Goods		264,804		970,949		521,921		443,988		2,201,662
Ultra Consumer Services		485,827		1,781,366		957,550		814,570		4,039,313
Ultra Dow30SM		11,278,080		41,352,962		22,228,756		18,909,581		93,769,379
Ultra Financials		1,761,718		6,459,634		3,472,293		2,953,815		14,647,460
Ultra FTSE China 50		2,383,716		8,740,291		4,698,232		3,996,697		19,818,936
Ultra FTSE Europe		219,127		803,466		431,893		367,403		1,821,889
Ultra Health Care		2,880,933		10,563,423		5,678,232		4,830,365		23,952,953
Ultra High Yield		429,734		1,575,689		846,992		720,519		3,572,934
Ultra Industrials		306,247		1,122,907		603,605		513,475		2,546,234
Ultra MidCap400		3,669,434		13,454,593		7,232,344		6,152,418		30,508,789
Ultra MSCI Brazil Capped		492,290		1,805,059		970,287		825,405		4,093,041
Ultra MSCI EAFE		595,377		2,183,045		1,173,468		998,248		4,950,138
Ultra MSCI Emerging Markets		1,433,811		5,257,306		2,825,998		2,404,022		11,921,137
Ultra MSCI Japan		132,525		485,921		261,201		222,199		1,101,846
Ultra Nasdaq Biotechnology		1,159,512		4,251,541		2,285,361		1,944,113		9,640,527
Ultra Oil & Gas		1,838,753		6,742,096		3,624,128		3,082,977		15,287,954
Ultra QQQ		12,132,465		44,485,704		23,912,722		20,342,099		100,872,990
Ultra Real Estate		3,311,183		12,141,004		6,526,241		5,551,750		27,530,178
Ultra Russell2000		4,191,519		15,368,903		8,261,358		7,027,781		34,849,561
Ultra S&P500®		1,711,593		6,275,840		3,373,497		2,869,770		14,230,700
Ultra Semiconductors		1,962,568		7,196,083		3,868,162		3,290,572		16,317,385
Ultra SmallCap600		513,156		1,881,570		1,011,413		860,390		4,266,529
Ultra Technology		4,478,021		16,419,408		8,826,042		7,508,147		37,231,618
Ultra Telecommunications		12,716		46,625		25,063		21,321		105,725
Ultra Utilities		651,240		2,387,883		1,283,576		1,091,914		5,414,613
UltraPro Dow30SM		15,927,316		58,400,159		31,392,259		26,704,799		132,424,533
UltraPro MidCap400		317,479		1,164,090		625,742		532,307		2,639,618
UltraPro QQQ		14,996,117		54,985,761		29,556,893		25,143,488		124,682,259
UltraPro Russell2000		5,210,913		19,106,681		10,270,552		8,736,964		43,325,110
UltraPro S&P500®		7,389,712		27,095,611		14,564,899		12,390,083		61,440,305

Fund Name	Bank of America Securities, Inc., 0.07%, dated 08/31/2020 due 09/01/2020 (a)		BNP Paribas Securities Corp., 0.06%, dated 08/31/2020 due 09/01/2020 (b)		Credit Suisse Securities (USA) LLC,  0.06%, dated 08/31/2020 due 09/01/2020 (c)		ING Financial Markets LLC, 0.07.%, dated 08/31/2020 due 09/01/2020 (d)		Total
UltraPro Short 20+ Year Treasury		2,751,032		10,087,117		5,422,201		4,612,564		22,872,914
UltraPro Short Dow30SM		23,836,749		87,401,413		46,981,513		39,966,282		198,185,957
UltraPro Short MidCap400		1,470,055		5,390,198		2,897,432		2,464,791		12,222,476
UltraPro Short QQQ		56,093,846		205,677,435		110,559,276		94,050,681		466,381,238
UltraPro Short Russell2000		3,377,438		12,383,941		6,656,829		5,662,838		28,081,046
UltraPro Short S&P500®		59,881,274		219,564,670		118,024,182		100,400,935		497,871,061
UltraShort 7-10 Year Treasury		4,131,000		15,147,001		8,142,076		6,926,310		34,346,387
UltraShort 20+ Year Treasury		21,646,461		79,370,356		42,664,520		36,293,899		179,975,236
UltraShort Basic Materials		154,550		566,684		304,614		259,129		1,284,977
UltraShort Communication Services Select Sector		87,340		320,245		172,144		146,439		726,168
UltraShort Consumer Goods		152,827		560,368		301,218		256,241		1,270,654
UltraShort Consumer Services		182,975		670,907		360,638		306,788		1,521,308
UltraShort Dow30SM		12,902,791		47,310,235		25,431,013		21,633,680		107,277,719
UltraShort Financials		2,145,105		7,865,383		4,227,937		3,596,625		17,835,050
UltraShort FTSE China 50		2,670,408		9,791,494		5,263,292		4,477,384		22,202,578
UltraShort FTSE Europe		1,281,805		4,699,951		2,526,399		2,149,160		10,657,315
UltraShort Health Care		315,737		1,157,702		622,308		529,387		2,625,134
UltraShort Industrials		127,024		465,755		250,360		212,976		1,056,115
UltraShort MidCap400		662,019		2,427,404		1,304,819		1,109,984		5,504,226
UltraShort MSCI Brazil Capped		1,644,787		6,030,895		3,241,830		2,757,764		13,675,276
UltraShort MSCI EAFE		292,046		1,070,835		575,614		489,664		2,428,159
UltraShort MSCI Emerging Markets		1,172,745		4,300,066		2,311,446		1,966,304		9,750,561
UltraShort MSCI Japan		668,611		2,451,570		1,317,810		1,121,037		5,559,028
UltraShort Nasdaq Biotechnology		1,439,119		5,276,767		2,836,458		2,412,920		11,965,264
UltraShort Oil & Gas		1,934,900		7,094,633		3,813,630		3,244,183		16,087,346
UltraShort QQQ		20,059,416		73,551,189		39,536,502		33,632,953		166,780,060
UltraShort Real Estate		4,111,670		15,076,119		8,103,976		6,893,899		34,185,664
UltraShort Russell2000		7,290,622		26,732,281		14,369,596		12,223,943		60,616,442
UltraShort S&P500®		47,449,718		173,982,299		93,521,960		79,557,359		394,511,336
UltraShort Semiconductors		685,395		2,513,115		1,350,893		1,149,179		5,698,582
UltraShort SmallCap600		771,430		2,828,576		1,520,465		1,293,431		6,413,902
UltraShort Technology		440,421		1,614,879		868,058		738,440		3,661,798
UltraShort Utilities		72,974		267,571		143,830		122,353		606,728
	$	587,611,025	$	2,154,573,744	$	1,158,163,575	$	985,227,808	$	4,885,576,152

Each Repurchase Agreement was fully collateralized by U.S. government and/or agency securities at August 31, 2020 as follows:

(a)	U.S. Treasury Bonds, 2.50% to 3.13%, due 8/15/2044 to 5/15/2048; U.S. Treasury Notes, 0.50% to 2.88%, due 11/30/2023 to 2/15/2030, which had an aggregate value at the Trust level of $612,000,085.
(b)	U.S. Treasury Bills, 0%, due 9/8/2020 to 10/22/2020; U.S. Treasury Bonds, 0% to 8.13%, due 5/15/2021 to 2/15/2049; U.S. Treasury Notes, 0.13% to 3.13%, due 9/15/2020 to 5/15/2030, which had an aggregate value at the Trust level of $2,244,000,122.
(c)	U.S. Treasury Bills, 0%, due 9/10/2020 to 3/25/2021; U.S. Treasury Bonds, 0% to 4.63%, due 11/15/2020 to 2/15/2050; U.S. Treasury Notes, 0.13% to 2.88%, due 1/31/2021 to 8/31/2027, which had an aggregate value at the Trust level of $1,206,235,599.
(d)	Federal Farm Credit Bank, 1.88%, due 6/2/2022; Federal Home Loan Bank, 0% to 0.16%, due 9/16/2020 to 10/29/2020; Federal Home Loan Mortgage Corp., 2.25%, due 11/24/2020; Federal National Mortgage Association, 6.63%, due 11/15/2030; U.S. Treasury Bills, 0%, due 9/10/2020 to 5/20/2021; U.S. Treasury Bonds, 1.13% to 8%, due 11/15/2021 to 2/15/2050; U.S. Treasury Notes, 0.13% to 2.88%, due 10/31/2021 to 5/15/2030, which had an aggregate value at the Trust level of $1,026,120,128.