GOTHAM ESG LARGE VALUE FUND

Portfolio of Investments

December 31, 2020

(Unaudited)

	Number  of Shares		Value
COMMON STOCKS — 99.4%
Automobiles & Components — 0.4%
Aptiv PLC (Jersey)		26	$	3,387
BorgWarner, Inc.		59		2,280
				5,667
Banks — 3.0%
Citizens Financial Group, Inc.		65		2,324
Comerica, Inc.		33		1,843
Fifth Third Bancorp		191		5,266
JPMorgan Chase & Co.		77		9,784
KeyCorp		226		3,709
M&T Bank Corp.		29		3,692
People’s United Financial, Inc.		97		1,254
SVB Financial Group*		13		5,042
Truist Financial Corp.		50		2,396
US Bancorp		34		1,584
Zions Bancorp NA		35		1,520
				38,414
Capital Goods — 15.4%
3M Co.		93		16,255
A.O. Smith Corp.		38		2,083
AMETEK, Inc.		54		6,531
Carrier Global Corp.		201		7,582
Cummins, Inc.		45		10,220
Deere & Co.		32		8,610
Dover Corp.		41		5,176
Eaton Corp. PLC (Ireland)		39		4,685
Emerson Electric Co.		91		7,314
Fortive Corp.		78		5,524
Fortune Brands Home & Security, Inc.		40		3,429
General Dynamics Corp.		1		149
Honeywell International, Inc.		98		20,845
Howmet Aerospace, Inc.		107		3,054
IDEX Corp.		18		3,586
Illinois Tool Works, Inc.		40		8,155
Jacobs Engineering Group, Inc.		30		3,269
Johnson Controls International PLC (Ireland)		184		8,573
L3Harris Technologies, Inc.		9		1,701
Lockheed Martin Corp.		45		15,974
Masco Corp.		79		4,339
Otis Worldwide Corp.		91		6,147
PACCAR, Inc.		30		2,588
Parker-Hannifin Corp.		30		8,172
Pentair PLC (Ireland)		39		2,071
Quanta Services, Inc.		36		2,593

	Number  of Shares		Value
COMMON STOCKS — (Continued)
Capital Goods — (Continued)
Raytheon Technologies Corp.		21	$	1,502
Snap-on, Inc.		14		2,396
Stanley Black & Decker, Inc.		38		6,785
Trane Technologies PLC (Ireland)		59		8,564
United Rentals, Inc.*		17		3,942
WW Grainger, Inc.		13		5,308
				197,122
Commercial & Professional Services — 1.6%
Cintas Corp.		15		5,302
Nielsen Holdings PLC (United
Kingdom)		62		1,294
Republic Services, Inc.		63		6,067
Robert Half International, Inc.		27		1,687
Waste Management, Inc.		56		6,604
				20,954
Consumer Durables & Apparel — 1.4%
Garmin Ltd. (Switzerland)		39		4,667
Hanesbrands, Inc.		81		1,181
Hasbro, Inc.		8		748
Leggett & Platt, Inc.		24		1,063
Mohawk Industries, Inc.*		21		2,960
Newell Brands, Inc.		99		2,102
PulteGroup, Inc.		5		216
PVH Corp.		21		1,972
Whirlpool Corp.		18		3,249
				18,158
Consumer Services — 0.7%
Darden Restaurants, Inc.		29		3,454
McDonald’s Corp.		11		2,360
Yum! Brands, Inc.		26		2,823
				8,637
Diversified Financials — 5.9%
Berkshire Hathaway, Inc., Class B*		43		9,970
BlackRock, Inc.		30		21,646
Cboe Global Markets, Inc.		25		2,328
Discover Financial Services		54		4,889
Franklin Resources, Inc.		148		3,699
Invesco Ltd. (Bermuda)		128		2,231
Morgan Stanley		27		1,850
Nasdaq, Inc.		40		5,310
S&P Global, Inc.		36		11,834
Synchrony Financial		57		1,978

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GOTHAM ESG LARGE VALUE FUND

Portfolio of Investments (Continued)

December 31, 2020

(Unaudited)

	Number  of Shares		Value
COMMON STOCKS — (Continued)
Diversified Financials — (Continued)
T Rowe Price Group, Inc.		66	$	9,992
				75,727
Energy — 2.2%
Apache Corp.		23		326
Baker Hughes Co.		158		3,294
Halliburton Co.		227		4,290
Kinder Morgan, Inc.		527		7,204
National Oilwell Varco, Inc.*		90		1,236
Schlumberger NV (Curacao)		341		7,444
TechnipFMC PLC (United Kingdom)		126		1,184
Williams Cos., Inc. (The)		133		2,667
				27,645
Food & Staples Retailing — 1.4%
Kroger Co. (The)		180		5,717
Sysco Corp.		125		9,282
Walgreens Boots Alliance, Inc.		71		2,831
				17,830
Food, Beverage & Tobacco — 6.0%
Archer-Daniels-Midland Co.		144		7,259
Campbell Soup Co.		82		3,965
Coca-Cola Co. (The)		90		4,936
Conagra Brands, Inc.		114		4,134
Constellation Brands, Inc., Class A		45		9,857
General Mills, Inc.		146		8,585
Hershey Co. (The)		31		4,722
JM Smucker Co. (The)		28		3,237
Kellogg Co.		84		5,227
Kraft Heinz Co. (The)		284		9,843
Lamb Weston Holdings, Inc.		21		1,654
McCormick & Co., Inc., non-voting shares		61		5,832
Molson Coors Beverage Co., Class B		52		2,350
Mondelez International, Inc., Class A		39		2,280
Monster Beverage Corp.*		14		1,295
PepsiCo, Inc.		11		1,631
				76,807
Health Care Equipment & Services — 7.5%
AmerisourceBergen Corp.		42		4,106
Anthem, Inc.		42		13,486
Centene Corp.*		92		5,523
Cigna Corp.		35		7,286
CVS Health Corp.		169		11,543
DaVita, Inc.*		34		3,992

	Number  of Shares		Value
COMMON STOCKS — (Continued)
Health Care Equipment & Services — (Continued)
HCA Healthcare, Inc.		73	$	12,006
Hologic, Inc.*		60		4,370
Humana, Inc.		31		12,718
Laboratory Corp. of America
Holdings*		23		4,682
Medtronic PLC (Ireland)		24		2,811
Quest Diagnostics, Inc.		32		3,813
UnitedHealth Group, Inc.		22		7,715
Varian Medical Systems, Inc.*		14		2,450
				96,501
Household & Personal Products — 3.8%
Church & Dwight Co., Inc.		45		3,925
Clorox Co. (The)		30		6,058
Colgate-Palmolive Co.		186		15,905
Kimberly-Clark Corp.		83		11,191
Procter & Gamble Co. (The)		83		11,549
				48,628
Insurance — 3.3%
American International Group, Inc.		117		4,430
Aon PLC, Class A (Ireland)		51		10,775
Arthur J Gallagher & Co.		41		5,072
Cincinnati Financial Corp.		2		175
Lincoln National Corp.		3		151
Marsh & McLennan Cos., Inc.		118		13,806
MetLife, Inc.		75		3,521
Principal Financial Group, Inc.		17		843
Prudential Financial, Inc.		52		4,060
				42,833
Materials — 7.5%
Amcor PLC (Jersey)		363		4,273
Avery Dennison Corp.		20		3,102
CF Industries Holdings, Inc.		50		1,936
Dow, Inc.		172		9,546
DuPont de Nemours, Inc.		134		9,529
Eastman Chemical Co.		38		3,811
Ecolab, Inc.		29		6,274
FMC Corp.		31		3,563
International Paper Co.		111		5,519
Linde PLC (Ireland)		56		14,757
LyondellBasell Industries NV, Class A (Netherlands)		8		733
Mosaic Co. (The)		88		2,025
Newmont Corp.		42		2,515

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GOTHAM ESG LARGE VALUE FUND

Portfolio of Investments (Continued)

December 31, 2020

(Unaudited)

	Number  of Shares		Value
COMMON STOCKS — (Continued)
Materials — (Continued)
Nucor Corp.		70	$	3,723
Packaging Corp. of America		22		3,034
PPG Industries, Inc.		67		9,663
Sealed Air Corp.		40		1,832
Sherwin-Williams Co. (The)		11		8,084
Westrock Co.		59		2,568
				96,487
Media & Entertainment — 2.7%
Charter Communications, Inc., Class A*		20		13,231
Comcast Corp., Class A		25		1,310
Discovery, Inc., Class A*		24		722
DISH Network Corp., Class A*		97		3,137
Fox Corp., Class A		149		4,339
Interpublic Group of Cos., Inc. (The)		110		2,587
News Corp., Class A		69		1,240
Omnicom Group, Inc.		63		3,929
ViacomCBS, Inc., Class B		122		4,546
				35,041
Pharmaceuticals, Biotechnology & Life Sciences — 4.9%
AbbVie, Inc.		68		7,286
Alexion Pharmaceuticals, Inc.*		51		7,968
Amgen, Inc.		3		690
Biogen, Inc.*		35		8,570
Gilead Sciences, Inc.		198		11,535
Merck & Co., Inc.		99		8,098
PerkinElmer, Inc.		4		574
Pfizer, Inc.		389		14,319
Thermo Fisher Scientific, Inc.		9		4,192
				63,232
Real Estate — 1.8%
Alexandria Real Estate Equities, Inc., REIT		23		4,099
CBRE Group, Inc., Class A*		78		4,892
Public Storage, REIT		13		3,002
Ventas, Inc., REIT		90		4,414
Weyerhaeuser Co., REIT		184		6,170
				22,577
Retailing — 10.6%
Advance Auto Parts, Inc.		16		2,520
AutoZone, Inc.*		6		7,113
Best Buy Co., Inc.		63		6,287
Dollar General Corp.		62		13,039

	Number  of Shares		Value
COMMON STOCKS — (Continued)
Retailing — (Continued)
Dollar Tree, Inc.*		9	$	972
eBay, Inc.		193		9,698
Gap, Inc. (The)*		87		1,757
Genuine Parts Co.		42		4,218
Home Depot, Inc. (The)		75		19,922
L Brands, Inc.		69		2,566
LKQ Corp.*		85		2,995
Lowe’s Cos., Inc.		142		22,792
O’Reilly Automotive, Inc.*		18		8,146
Pool Corp.		10		3,725
Ross Stores, Inc.		29		3,561
Target Corp.		112		19,771
Tiffany & Co.*		13		1,709
Tractor Supply Co.		28		3,936
Ulta Beauty, Inc.*		2		574
				135,301
Semiconductors & Semiconductor Equipment — 2.4%
Applied Materials, Inc.		117		10,097
Intel Corp.		106		5,281
KLA Corp.		25		6,473
Lam Research Corp.		3		1,417
Maxim Integrated Products, Inc.		13		1,152
Teradyne, Inc.		41		4,915
Texas Instruments, Inc.		9		1,477
				30,812
Software & Services — 5.2%
Accenture PLC, Class A (Ireland)		38		9,926
Broadridge Financial Solutions, Inc.		27		4,136
Gartner, Inc.*		21		3,364
International Business Machines Corp.		116		14,602
NortonLifeLock, Inc.		143		2,972
Oracle Corp.		324		20,960
Paychex, Inc.		87		8,107
Western Union Co. (The)		124		2,721
				66,788
Technology Hardware & Equipment — 6.1%
Amphenol Corp., Class A		12		1,569
Apple, Inc.		144		19,107
CDW Corp.		34		4,481
Cisco Systems, Inc.		426		19,064
Corning, Inc.		176		6,336
F5 Networks, Inc.*		14		2,463

3

GOTHAM ESG LARGE VALUE FUND

Portfolio of Investments (Concluded)

December 31, 2020

(Unaudited)

	Number  of Shares		Value
COMMON STOCKS — (Continued)
Technology Hardware & Equipment — (Continued)
HP, Inc.		394	$	9,688
Juniper Networks, Inc.		91		2,048
Seagate Technology PLC (Ireland)		61		3,792
TE Connectivity Ltd. (Switzerland)		69		8,354
Vontier Corp.*		40		1,336
				78,238
Telecommunication Services — 2.9%
AT&T, Inc.		635		18,263
Verizon Communications, Inc.		331		19,446
				37,709
Transportation — 2.5%
CH Robinson Worldwide, Inc.		32		3,004
CSX Corp.		82		7,442
Expeditors International of Washington, Inc.		41		3,900
FedEx Corp.		11		2,856
JB Hunt Transport Services, Inc.		25		3,416
Norfolk Southern Corp.		47		11,168
United Parcel Service, Inc., Class B		3		505
				32,291
Utilities — 0.2%
NRG Energy, Inc.		57		2,140
TOTAL COMMON STOCKS (Cost $1,038,732)				1,275,539
OTHER ASSETS IN EXCESS OF LIABILITIES - 0.6%				7,457
NET ASSETS - 100.0%			$	1,282,996

* Non-income producing.

PLC Public Limited Company

REIT Real Estate Investment Trust

All financial instruments listed in the Portfolio of Investments are considered Level 1, measured at fair value on a recurring basis based on quoted prices for identical assets in active markets as of and for the period ended December 31, 2020.

For additional information about significant accounting policies, including valuation of investments, refer to the Fund’s most recent annual or semi-annual report.

4