| Shares | Description | Value | ||
| COMMON STOCKS – 94.3% | ||||
| Air Freight & Logistics – 1.1% | ||||
| 17,000 | FedEx Corp. (a) | $3,884,330 | ||
| Automobile Components – 0.5% | ||||
| 160,000 | Goodyear Tire & Rubber (The) Co. (b) | 1,763,200 | ||
| Automobiles – 0.8% | ||||
| 75,000 | General Motors Co. (a) (c) | 2,751,000 | ||
| Banks – 5.5% | ||||
| 350,000 | Huntington Bancshares, Inc. | 3,920,000 | ||
| 76,000 | JPMorgan Chase & Co. (c) | 9,903,560 | ||
| 17,500 | PNC Financial Services Group (The), Inc. (a) (c) | 2,224,250 | ||
| 100,000 | Truist Financial Corp. (c) | 3,410,000 | ||
| 19,457,810 | ||||
| Beverages – 3.1% | ||||
| 107,000 | Coca-Cola (The) Co. (c) | 6,637,210 | ||
| 18,500 | Constellation Brands, Inc., Class A | 4,178,965 | ||
| 10,816,175 | ||||
| Biotechnology – 2.3% | ||||
| 51,000 | AbbVie, Inc. (c) | 8,127,870 | ||
| Broadline Retail – 1.2% | ||||
| 40,500 | Amazon.com, Inc. (a) (b) (c) | 4,183,245 | ||
| Capital Markets – 1.3% | ||||
| 52,500 | Morgan Stanley | 4,609,500 | ||
| Chemicals – 2.3% | ||||
| 15,000 | Air Products and Chemicals, Inc. (c) | 4,308,150 | ||
| 16,500 | Sherwin-Williams (The) Co. | 3,708,705 | ||
| 8,016,855 | ||||
| Communications Equipment – 1.7% | ||||
| 117,500 | Cisco Systems, Inc. (c) | 6,142,313 | ||
| Consumer Staples Distribution & Retail – 2.5% | ||||
| 9,800 | Costco Wholesale Corp. (c) | 4,869,326 | ||
| 22,500 | Target Corp. (c) | 3,726,675 | ||
| 8,596,001 | ||||
| Diversified Telecommunication Services – 1.6% | ||||
| 112,500 | AT&T, Inc. (c) | 2,165,625 | ||
| 85,000 | Verizon Communications, Inc. (c) | 3,305,650 | ||
| 5,471,275 | ||||
| Electric Utilities – 2.4% | ||||
| 100,000 | Exelon Corp. | 4,189,000 | ||
| 155,000 | PPL Corp. | 4,307,450 | ||
| 8,496,450 | ||||
| Energy Equipment & Services – 1.0% | ||||
| 120,000 | Baker Hughes Co. | 3,463,200 | ||
| Entertainment – 3.6% | ||||
| 62,000 | Activision Blizzard, Inc. (c) | 5,306,580 | ||
| 90,000 | Cinemark Holdings, Inc. (b) | 1,331,100 | ||
| 200,000 | Lions Gate Entertainment Corp., Class B (b) | 2,076,000 | ||
| Shares | Description | Value | ||
| COMMON STOCKS (Continued) | ||||
| Entertainment (Continued) | ||||
| 38,000 | Walt Disney (The) Co. (b) | $3,804,940 | ||
| 12,518,620 | ||||
| Financial Services – 0.7% | ||||
| 31,500 | PayPal Holdings, Inc. (b) | 2,392,110 | ||
| Ground Transportation – 1.5% | ||||
| 70,000 | Canadian Pacific Railway Ltd. | 5,385,800 | ||
| Health Care Providers & Services – 3.4% | ||||
| 25,000 | UnitedHealth Group, Inc. (c) | 11,814,750 | ||
| Hotels, Restaurants & Leisure – 3.1% | ||||
| 85,000 | Carnival Corp. (a) (b) (c) | 862,750 | ||
| 90,000 | Las Vegas Sands Corp. (b) (c) | 5,170,500 | ||
| 52,000 | Restaurant Brands International, Inc. | 3,491,280 | ||
| 47,500 | Six Flags Entertainment Corp. (a) (b) (c) | 1,268,725 | ||
| 10,793,255 | ||||
| Industrial Conglomerates – 1.6% | ||||
| 29,000 | Honeywell International, Inc. (c) | 5,542,480 | ||
| Insurance – 3.8% | ||||
| 35,000 | Arthur J. Gallagher & Co. (c) | 6,695,850 | ||
| 34,500 | Chubb, Ltd. (c) | 6,699,210 | ||
| 13,395,060 | ||||
| Interactive Media & Services – 2.1% | ||||
| 70,000 | Alphabet, Inc., Class C (b) (c) | 7,280,000 | ||
| IT Services – 1.2% | ||||
| 31,500 | International Business Machines Corp. (c) | 4,129,335 | ||
| Life Sciences Tools & Services – 4.1% | ||||
| 29,800 | Danaher Corp. | 7,510,792 | ||
| 12,000 | Thermo Fisher Scientific, Inc. (c) | 6,916,440 | ||
| 14,427,232 | ||||
| Machinery – 1.2% | ||||
| 18,000 | Caterpillar, Inc. (c) | 4,119,120 | ||
| Metals & Mining – 0.6% | ||||
| 54,000 | Freeport-McMoRan, Inc. (a) (c) | 2,209,140 | ||
| Oil, Gas & Consumable Fuels – 3.0% | ||||
| 33,000 | Diamondback Energy, Inc. (c) | 4,460,610 | ||
| 45,000 | Hess Corp. (a) | 5,955,300 | ||
| 10,415,910 | ||||
| Pharmaceuticals – 4.4% | ||||
| 7,500 | Eli Lilly & Co. (c) | 2,575,650 | ||
| 76,000 | Merck & Co., Inc. (c) | 8,085,640 | ||
| 28,000 | Zoetis, Inc. (c) | 4,660,320 | ||
| 15,321,610 | ||||
| Semiconductors & Semiconductor Equipment – 5.8% | ||||
| 6,500 | Broadcom, Inc. | 4,170,010 | ||
| 119,000 | Intel Corp. (a) | 3,887,730 | ||
| 47,000 | Micron Technology, Inc. (a) | 2,835,980 | ||
| Shares | Description | Value | ||
| COMMON STOCKS (Continued) | ||||
| Semiconductors & Semiconductor Equipment (Continued) | ||||
| 34,500 | NVIDIA Corp. (a) (c) | $9,583,065 | ||
| 20,476,785 | ||||
| Software – 11.5% | ||||
| 9,000 | Adobe, Inc. (a) (b) (c) | 3,468,330 | ||
| 109,900 | Microsoft Corp. (c) | 31,684,170 | ||
| 13,000 | Synopsys, Inc. (b) (c) | 5,021,250 | ||
| 40,173,750 | ||||
| Specialty Retail – 1.2% | ||||
| 8,500 | Burlington Stores, Inc. (a) (b) | 1,717,850 | ||
| 65,000 | Foot Locker, Inc. (a) (c) | 2,579,850 | ||
| 4,297,700 | ||||
| Technology Hardware, Storage & Peripherals – 9.7% | ||||
| 207,000 | Apple, Inc. (c) | 34,134,300 | ||
| Textiles, Apparel & Luxury Goods – 2.0% | ||||
| 58,500 | NIKE, Inc., Class B (c) | 7,174,440 | ||
| Tobacco – 1.5% | ||||
| 55,000 | Philip Morris International, Inc. (c) | 5,348,750 | ||
| Wireless Telecommunication Services – 1.0% | ||||
| 23,500 | T-Mobile US, Inc. (b) | 3,403,740 | ||
Total Common Stocks | 330,533,111 | |||
| (Cost $246,880,071) | ||||
| REAL ESTATE INVESTMENT TRUSTS – 2.9% | ||||
| Specialized REITs – 2.9% | ||||
| 34,000 | Crown Castle, Inc. (c) | 4,550,560 | ||
| 107,000 | Gaming and Leisure Properties, Inc. (c) | 5,570,420 | ||
Total Real Estate Investment Trusts | 10,120,980 | |||
| (Cost $8,348,017) | ||||
| COMMON STOCKS – BUSINESS DEVELOPMENT COMPANIES - 1.1% | ||||
| Capital Markets – 1.1% | ||||
| 215,000 | Ares Capital Corp. | 3,929,125 | ||
| (Cost $3,728,891) | ||||
| Shares | Description | Stated Rate | Stated Maturity | Value | ||||
| $100 PAR PREFERRED SECURITIES – 1.0% | ||||||||
| Health Care Equipment & Supplies – 0.8% | ||||||||
| 22,500 | Boston Scientific Corp., Series A | 5.50% | 06/01/23 | 2,723,400 | ||||
| Shares | Description | Stated Rate | Stated Maturity | Value | ||||
| $100 PAR PREFERRED SECURITIES (Continued) | ||||||||
| Media – 0.2% | ||||||||
| 27,000 | Paramount Global, Series A | 5.75% | 04/01/24 | $808,380 | ||||
Total $100 Par Preferred Securities | 3,531,780 | |||||||
| (Cost $4,323,308) | ||||||||
Total Investments – 99.3% |
348,114,996 | ||
| (Cost $263,280,287) |
| Number of Contracts | Description | Notional Amount | Exercise Price | Expiration Date | Value | |||||
| CALL OPTIONS WRITTEN – (0.4)% | ||||||||||
| (25) | Adobe, Inc. | $(963,425) | $380.00 | 04/21/23 | (34,375) | |||||
| (100) | Amazon.com, Inc. | (1,032,900) | 106.00 | 04/21/23 | (20,200) | |||||
| (70) | Burlington Stores, Inc. | (1,414,700) | 217.50 | 04/21/23 | (10,325) | |||||
| (175) | Carnival Corp. | (177,625) | 11.00 | 04/21/23 | (3,325) | |||||
| (35) | FedEx Corp. | (799,715) | 240.00 | 04/21/23 | (5,425) | |||||
| (200) | Foot Locker, Inc. (d) | (793,800) | 46.00 | 04/21/23 | (1,600) | |||||
| (150) | Freeport-McMoRan, Inc. | (613,650) | 44.00 | 04/21/23 | (8,100) | |||||
| (250) | General Motors Co. | (917,000) | 37.00 | 04/21/23 | (28,000) | |||||
| (150) | General Motors Co. | (550,200) | 45.00 | 04/21/23 | (300) | |||||
| (125) | Hess Corp. | (1,654,250) | 140.00 | 04/21/23 | (20,375) | |||||
| (300) | Intel Corp. | (980,100) | 34.00 | 04/21/23 | (16,500) | |||||
| (75) | Micron Technology, Inc. | (452,550) | 67.50 | 04/21/23 | (1,800) | |||||
| (150) | NVIDIA Corp. | (4,166,550) | 300.00 | 04/21/23 | (47,550) | |||||
| (80) | PNC Financial Services Group (The), Inc. | (1,016,800) | 150.00 | 04/21/23 | (800) | |||||
| (250) | S&P 500® Index (e) | (102,732,750) | 4,200.00 | 04/21/23 | (613,750) | |||||
| (300) | S&P 500® Index (e) | (123,279,300) | 4,225.00 | 04/21/23 | (447,000) | |||||
| (125) | Six Flags Entertainment Corp. (d) | (333,875) | 32.50 | 04/21/23 | (625) | |||||
Total Call Options Written | (1,260,050) | |||||||||
| (Premiums received $682,647) | ||||||||||
Net Other Assets and Liabilities – 1.1% |
3,650,260 | ||
Net Assets – 100.0% |
$350,505,206 |
| (a) | All or a portion of this security’s position represents cover for outstanding options written. |
| (b) | Non-income producing security. |
| (c) | All or a portion of these securities are segregated to cover index call options written. At March 31, 2023, the segregated value of these securities amount to $227,586,786. |
| (d) | This investment is fair valued by the Advisor’s Pricing Committee in accordance with procedures approved by the Fund’s Board of Trustees and in accordance with provisions of the Investment Company Act of 1940 and rules thereunder, as amended. At March 31, 2023, securities noted as such are valued at $(2,225) or (0.0)% of net assets. |
| (e) | Call options on securities indices were written on a portion of the common stock positions that were not used to cover call options written on individual equity securities held in the Fund’s portfolio. |
| • | Level 1 – Level 1 inputs are quoted prices in active markets for identical investments. |
| • | Level 2 – Level 2 inputs are observable inputs, either directly or indirectly. (Quoted prices for similar investments, valuations based on interest rates and yield curves, or valuations derived from observable market data.) |
| • | Level 3 – Level 3 inputs are unobservable inputs that may reflect the reporting entity’s own assumptions about the assumptions that market participants would use in pricing the investment. |
| ASSETS TABLE | ||||
| Total Value at 3/31/2023 | Level 1 Quoted Prices | Level 2 Significant Observable Inputs | Level 3 Significant Unobservable Inputs | |
Common Stocks* | $ 330,533,111 | $ 330,533,111 | $ — | $ — |
Real Estate Investment Trusts* | 10,120,980 | 10,120,980 | — | — |
Common Stocks - Business Development Companies* | 3,929,125 | 3,929,125 | — | — |
$100 Par Preferred Securities* | 3,531,780 | 3,531,780 | — | — |
Total Investments | $ 348,114,996 | $ 348,114,996 | $— | $— |
| LIABILITIES TABLE | ||||
| Total Value at 3/31/2023 | Level 1 Quoted Prices | Level 2 Significant Observable Inputs | Level 3 Significant Unobservable Inputs | |
Call Options Written | $ (1,260,050) | $ (1,247,500) | $ (12,550) | $ — |
| * | See Portfolio of Investments for industry breakout. |