Blue Chip Fund (Formerly, Blue Chip 35 Index Fund)
SCHEDULE OF INVESTMENTS (Unaudited)

Showing percentage of net assets as of March 31, 2020

Industry Company		Shares		Value
COMMON STOCKS - 100.13%
Communication Services - 16.74%
	Alphabet, Inc., Class A*		7,480		$     8,691,386
	Alphabet, Inc., Class C*		7,509		8,731,540
	AT&T, Inc.		320,505		9,342,721
	Comcast Corp., Class A		282,150		9,700,317
	Facebook, Inc., Class A*		83,500		13,927,800
	Verizon Communications, Inc.		189,039		10,157,065
	Walt Disney Co. (The)		104,250		10,070,550
					70,621,379
Consumer Discretionary - 8.79%
	Amazon.com, Inc.*		8,750		17,060,050
	Home Depot, Inc. (The)		52,700		9,839,617
	McDonald’s Corp.		61,450		10,160,758
					37,060,425
Consumer Staples - 11.21%
	Coca-Cola Co. (The)		229,114		10,138,294
	PepsiCo, Inc.		83,375		10,013,338
	Procter & Gamble Co. (The)		149,806		16,478,660
	Walmart, Inc.		93,769		10,654,034
					47,284,326
Energy - 5.08%
	Chevron Corp.		147,595		10,694,734
	Exxon Mobil Corp.		282,287		10,718,437
					21,413,171
Financials - 13.66%
	Bank of America Corp.		623,308		13,232,829
	Berkshire Hathaway, Inc., Class B*		55,850		10,211,056
	Citigroup, Inc.		240,800		10,142,496
	JPMorgan Chase & Co.		156,495		14,089,245
	Wells Fargo & Co.		345,659		9,920,413
					57,596,039
Health Care - 9.86%
	Johnson & Johnson		78,212		10,255,940
	Merck & Co., Inc.		137,335		10,566,555
	Pfizer, Inc.		322,374		10,522,287
	UnitedHealth Group, Inc.		41,150		10,261,987
					41,606,769
Industrials - 9.58%
	3M Co.		72,100		9,842,371
	Boeing Co. (The)		69,750		10,402,515
	United Parcel Service, Inc., Class B		109,563		10,235,375
	United Technologies Corp.		105,010		9,905,593
					40,385,854

Industry Company			Shares		Value
Information Technology - 25.21%
	Apple, Inc.			67,600		$    17,190,004
	Cisco Systems, Inc.			264,608		10,401,740
	Intel Corp.			186,393		10,087,589
	International Business Machines Corp.			94,717		10,506,957
	Microsoft Corp.			107,545		16,960,922
	Oracle Corp.			209,713		10,135,429
	QUALCOMM, Inc.			210,900		14,267,385
	Visa, Inc., Class A			104,050		16,764,536
						106,314,562
TOTAL COMMON STOCKS - 100.13%						422,282,525
(Cost $255,540,298)
		Rate^	Shares		Value
MONEY MARKET FUND - 0.00%
Fidelity Investments Money Market Government Portfolio Class I		0.30%		671		671
TOTAL MONEY MARKET FUND - 0.00%						671
(Cost $671)
TOTAL INVESTMENTS - 100.13%						$422,283,196
(Cost $255,540,969)
Liabilities in Excess of Other Assets - (0.13%)						(567,823	)
NET ASSETS - 100.00%						$421,715,373

* Non-income producing security.

^ Rate disclosed as of March 31, 2020.

Summary of inputs used to value the Fund’s investments as of 03/31/2020:

Valuation Inputs
Investment in Securities (Value)
	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks (a)	$	422,282,525	$	—	$	—	$	422,282,525
Money Market Fund		—		671		—		671
TOTAL	$	422,282,525	$	671	$	—	$	422,283,196

(a) - Please refer to the Schedule of Investments for the industry classifications of these portfolio holdings.

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