Dean
Small
Cap
Value
Fund
Schedule
of
Investments
December
31,
2022
-
(Unaudited)
COMMON
STOCKS
—
95.30%
Shares
Fair
Value
Consumer
Discretionary
—
13.30%
American
Woodmark
Corp.
(a)
50,265
$
2,455,948
Carter's,
Inc.
18,499
1,380,210
Fox
Factory
Holding
Corp.
(a)
8,519
777,188
Hooker
Furniture
Corp.
73,389
1,372,374
Johnson
Outdoors,
Inc.,
Class
A
31,887
2,108,369
Medifast,
Inc.
7,546
870,431
Methode
Electronics,
Inc.
46,370
2,057,437
Miller
Industries,
Inc.
92,132
2,456,239
Standard
Motor
Products,
Inc.
157,001
5,463,635
TRI
Pointe
Group,
Inc.
(a)
306,457
5,697,036
Wendy's
Co.
(The)
93,714
2,120,748
26,759,615
Consumer
Staples
—
7.48%
Cal-Maine
Foods,
Inc.
86,046
4,685,205
Fresh
Del
Monte
Produce,
Inc.
17,161
449,447
John
B.
Sanfilippo
&
Son,
Inc.
62,435
5,077,213
Lancaster
Colony
Corp.
18,865
3,722,065
Sprouts
Farmers
Market,
Inc.
(a)
34,686
1,122,786
15,056,716
Energy
—
1.18%
World
Fuel
Services
Corp.
86,533
2,364,947
Financials
—
22.62%
Associated
Banc-Corp.
40,163
927,364
Camden
National
Corp.
114,161
4,759,372
Capitol
Federal
Financial,
Inc.
134,486
1,163,304
Cathay
General
Bancorp
42,354
1,727,620
Diamond
Hill
Investment
Group,
Inc.
13,875
2,567,152
Employers
Holdings,
Inc.
117,203
5,054,965
Federated
Hermes,
Inc.,
Class
B
37,486
1,361,117
Nelnet,
Inc.,
Class
A
41,867
3,799,431
QCR
Holdings,
Inc.
52,455
2,603,866
Safety
Insurance
Group,
Inc.
51,725
4,358,349
Stewart
Information
Services
Corp.
83,491
3,567,570
StoneX
Group,
Inc.
(a)
12,536
1,194,681
Washington
Federal,
Inc.
150,673
5,055,078
Washington
Trust
Bancorp,
Inc.
66,087
3,117,985
Waterstone
Financial,
Inc.
184,994
3,189,297
White
Mountains
Insurance
Group
Ltd.
730
1,032,461
45,479,612
Health
Care
—
4.78%
Haemonetics
Corp.
(a)
7,911
622,200
National
Healthcare
Corp.
65,113
3,874,224
Perrigo
Co.
PLC
36,025
1,228,092
Prestige
Consumer
Healthcare,
Inc.
(a)
62,070
3,885,582
9,610,098
Dean
Small
Cap
Value
Fund
Schedule
of
Investments
(continued)
December
31,
2022
-
(Unaudited)
COMMON
STOCKS
—
95.30%
-
continued
Shares
Fair
Value
Industrials
—
15.82%
Advanced
Energy
Industries,
Inc.
8,276
$
709,915
Allison
Transmission
Holdings,
Inc.
16,674
693,638
Argan,
Inc.
155,784
5,745,314
AZZ,
Inc.
85,925
3,454,185
Brady
Corp.,
Class
A
120,124
5,657,840
Federal
Signal
Corp.
46,005
2,137,853
Heartland
Express,
Inc.
341,265
5,235,005
Kennametal,
Inc.
41,015
986,821
Mueller
Water
Products,
Inc.
130,348
1,402,544
Preformed
Line
Products
Co.
4,990
415,617
Werner
Enterprises,
Inc.
133,877
5,389,889
31,828,621
Materials
—
4.34%
Alamos
Gold,
Inc.,
Class
A
339,683
3,434,195
NewMarket
Corp.
2,799
870,797
Sensient
Technologies
Corp.
16,430
1,198,076
SSR
Mining,
Inc.
83,977
1,315,920
Stepan
Co.
18,013
1,917,663
8,736,651
Real
Estate
—
6.90%
Alexander's,
Inc.
3,773
830,286
CareTrust
REIT,
Inc.
29,331
544,970
Cousins
Properties,
Inc.
104,181
2,634,737
CTO
Realty
Growth,
Inc.
29,575
540,631
Equity
Commonwealth
164,425
4,105,692
Getty
Realty
Corp.
90,915
3,077,473
Universal
Health
Realty
Income
Trust
45,153
2,155,153
13,888,942
Technology
—
8.27%
Benchmark
Electronics,
Inc.
92,862
2,478,487
CSG
Systems
International,
Inc.
60,610
3,466,892
MAXIMUS,
Inc.
59,149
4,337,396
NextGen
Healthcare,
Inc.
(a)
47,344
889,120
Plexus
Corp.
(a)
9,128
939,545
Vishay
Intertechnology,
Inc.
209,944
4,528,492
16,639,932
Utilities
—
10.61%
American
States
Water
Co.
49,413
4,573,174
Avista
Corp.
77,649
3,442,957
Northwest
Natural
Holding
Co.
13,631
648,699
NorthWestern
Corp.
54,281
3,221,035
Portland
General
Electric
Co.
108,075
5,295,674
Southwest
Gas
Holdings,
Inc.
11,806
730,555
Dean
Small
Cap
Value
Fund
Schedule
of
Investments
(continued)
December
31,
2022
-
(Unaudited)
COMMON
STOCKS
—
95.30%
-
continued
Shares
Fair
Value
Utilities
—
10.61%
-
continued
Spire,
Inc.
49,778
$
3,427,713
21,339,807
Total
Common
Stocks
(Cost $184,821,689)
191,704,941
Total
Investments
—
95.30%
(Cost
$184,821,689)
191,704,941
Other
Assets
in
Excess
of
Liabilities — 4.70%
9,456,590
NET
ASSETS
—
100.00%
$
201,161,531
(a)
Non-income
producing
security.
Dean
Mid
Cap
Value
Fund
Schedule
of
Investments
December
31,
2022
-
(Unaudited)
COMMON
STOCKS
—
95.15%
Shares
Fair
Value
Communications
—
3.23%
Omnicom
Group,
Inc.
17,005
$
1,387,098
Take-Two
Interactive
Software,
Inc.
(a)
9,759
1,016,205
2,403,303
Consumer
Discretionary
—
11.58%
AutoZone,
Inc.
(a)
628
1,548,761
BorgWarner,
Inc.
27,681
1,114,160
Genuine
Parts
Co.
8,164
1,416,536
Masco
Corp.
20,870
974,003
PulteGroup,
Inc.
21,981
1,000,795
Skechers
U.S.A.,
Inc.,
Class
A
(a)
27,391
1,149,052
Ulta
Beauty,
Inc.
(a)
3,043
1,427,380
8,630,687
Consumer
Staples
—
9.31%
BJ's
Wholesale
Club
Holdings,
Inc.
(a)
18,986
1,256,114
Casey's
General
Stores,
Inc.
5,990
1,343,856
Conagra
Brands,
Inc.
35,363
1,368,548
Flowers
Foods,
Inc.
49,034
1,409,237
Tyson
Foods,
Inc.,
Class
A
16,135
1,004,404
US
Foods
Holding
Corp.
(a)
16,280
553,846
6,936,005
Energy
—
3.51%
Baker
Hughes
Co.
41,160
1,215,455
Pioneer
Natural
Resources
Co.
6,135
1,401,172
2,616,627
Financials
—
16.03%
Allstate
Corp.
(The)
8,889
1,205,348
Ameriprise
Financial,
Inc.
4,396
1,368,783
Assurant,
Inc.
8,068
1,008,984
Fifth
Third
Bancorp
34,831
1,142,805
Globe
Life,
Inc.
13,044
1,572,454
Raymond
James
Financial,
Inc.
16,087
1,718,895
Regions
Financial
Corp.
59,807
1,289,439
Reinsurance
Group
of
America,
Inc.
8,454
1,201,229
W.R.
Berkley
Corp.
19,807
1,437,395
11,945,332
Health
Care
—
6.71%
Chemed
Corp.
2,319
1,183,687
Encompass
Health
Corp.
22,319
1,334,900
Quest
Diagnostics,
Inc.
8,164
1,277,176
Zimmer
Biomet
Holdings,
Inc.
9,420
1,201,050
4,996,813
Industrials
—
16.59%
Curtiss-Wright
Corp.
8,551
1,427,932
Dover
Corp.
7,778
1,053,219
FTI
Consulting,
Inc.
(a)
7,681
1,219,743
Dean
Mid
Cap
Value
Fund
Schedule
of
Investments
(continued)
December
31,
2022
-
(Unaudited)
COMMON
STOCKS
—
95.15%
-
continued
Shares
Fair
Value
Industrials
—
16.59%
-
continued
Hubbell,
Inc.
5,797
$
1,360,440
ITT,
Inc.
15,314
1,241,965
Littelfuse,
Inc.
4,928
1,085,146
MSC
Industrial
Direct
Co.,
Inc.,
Class
A
14,879
1,215,614
nVent
Electric
PLC
39,227
1,509,062
Regal
Rexnord
Corp.
4,493
539,070
Republic
Services,
Inc.
10,483
1,352,202
Stanley
Black
&
Decker,
Inc.
4,783
359,299
12,363,692
Materials
—
7.20%
Avery
Dennison
Corp.
6,135
1,110,435
Eagle
Materials,
Inc.
7,391
981,894
Eastman
Chemical
Co.
8,937
727,829
FMC
Corp.
11,401
1,422,846
Steel
Dynamics,
Inc.
11,449
1,118,567
5,361,571
Real
Estate
—
8.58%
CBRE
Group,
Inc.,
Class
A
(a)
15,169
1,167,406
Cousins
Properties,
Inc.
37,681
952,952
Essex
Property
Trust,
Inc.
5,894
1,249,057
Regency
Centers
Corp.
14,348
896,750
STAG
Industrial,
Inc.
37,053
1,197,183
Welltower,
Inc.
14,203
931,007
6,394,355
Technology
—
3.10%
Arrow
Electronics,
Inc.
(a)
10,097
1,055,843
Broadridge
Financial
Solutions,
Inc.
9,324
1,250,628
2,306,471
Utilities
—
9.31%
Ameren
Corp.
15,411
1,370,346
Atmos
Energy
Corp.
13,382
1,499,721
CenterPoint
Energy,
Inc.
46,860
1,405,331
CMS
Energy
Corp.
22,609
1,431,828
Xcel
Energy,
Inc.
17,488
1,226,084
6,933,310
Total
Common
Stocks
(Cost $56,769,348)
70,888,166
Total
Investments
—
95.15%
(Cost
$56,769,348)
70,888,166
Other
Assets
in
Excess
of
Liabilities — 4.85%
3,611,157
NET
ASSETS
—
100.00%
$
74,499,323
(a)
Non-income
producing
security.
Dean
Equity
Income
Fund
Schedule
of
Investments
December
31,
2022
-
(Unaudited)
COMMON
STOCKS
—
95.72%
Shares
Fair
Value
Communications
—
8.62%
BCE,
Inc.
21,864
$
960,923
Omnicom
Group,
Inc.
13,751
1,121,669
Verizon
Communications,
Inc.
25,294
996,583
3,079,175
Consumer
Discretionary
—
4.73%
Advance
Auto
Parts,
Inc.
4,385
644,727
Genuine
Parts
Co.
2,446
424,405
Whirlpool
Corp.
4,385
620,302
1,689,434
Consumer
Staples
—
11.03%
Altria
Group,
Inc.
21,536
984,411
Flowers
Foods,
Inc.
25,175
723,530
Kimberly-Clark
Corp.
6,204
842,193
PepsiCo,
Inc.
3,311
598,165
Philip
Morris
International,
Inc.
7,845
793,992
3,942,291
Energy
—
7.40%
Chevron
Corp.
7,010
1,258,225
EOG
Resources,
Inc.
3,997
517,691
Kinder
Morgan,
Inc.
48,113
869,883
2,645,799
Financials
—
18.05%
BlackRock,
Inc.
835
591,706
Canadian
Imperial
Bank
of
Commerce
14,377
581,550
JPMorgan
Chase
&
Co.
5,220
700,002
MetLife,
Inc.
7,248
524,538
PNC
Financial
Services
Group,
Inc.
(The)
4,265
673,614
Principal
Financial
Group,
Inc.
9,217
773,491
Prudential
Financial,
Inc.
7,904
786,132
T.
Rowe
Price
Group,
Inc.
9,038
985,684
U.S.
Bancorp
19,150
835,132
6,451,849
Health
Care
—
10.50%
Amgen,
Inc.
3,579
939,989
Bristol-Myers
Squibb
Co.
6,681
480,698
Johnson
&
Johnson
3,341
590,188
Merck
&
Co.,
Inc.
9,664
1,072,220
Pfizer,
Inc.
13,035
667,913
3,751,008
Industrials
—
8.26%
Fastenal
Co.
7,576
358,496
Lockheed
Martin
Corp.
1,611
783,735
Stanley
Black
&
Decker,
Inc.
4,713
354,041
Union
Pacific
Corp.
2,595
537,347
Dean
Equity
Income
Fund
Schedule
of
Investments
(continued)
December
31,
2022
-
(Unaudited)
COMMON
STOCKS
—
95.72%
-
continued
Shares
Fair
Value
Industrials
—
8.26%
-
continued
United
Parcel
Service,
Inc.,
Class
B
5,280
$
917,875
2,951,494
Materials
—
4.01%
Air
Products
and
Chemicals,
Inc.
2,207
680,330
Packaging
Corp.
of
America
5,876
751,599
1,431,929
Real
Estate
—
5.01%
Digital
Realty
Trust,
Inc.
7,248
726,757
Essex
Property
Trust,
Inc.
2,535
537,217
Lamar
Advertising
Co.,
Class
A
5,578
526,563
1,790,537
Technology
—
9.09%
Broadcom,
Inc.
1,581
883,984
Cisco
Systems,
Inc.
18,911
900,920
Intel
Corp.
15,540
410,722
Paychex,
Inc.
4,594
530,883
Texas
Instruments,
Inc.
3,162
522,426
3,248,935
Utilities
—
9.02%
American
Electric
Power
Co.,
Inc.
7,994
759,030
Dominion
Energy,
Inc.
9,366
574,323
Duke
Energy
Corp.
9,426
970,784
National
Fuel
Gas
Co.
5,876
371,951
WEC
Energy
Group,
Inc.
5,846
548,121
3,224,209
Total
Common
Stocks
(Cost $34,609,836)
34,206,660
Total
Investments
—
95.72%
(Cost
$34,609,836)
34,206,660
Other
Assets
in
Excess
of
Liabilities — 4.28%
1,531,176
NET
ASSETS
—
100.00%
$
35,737,836