GuidePath® Income Fund | | | |
| Schedule of Investments (Unaudited) | | | |
| December 31, 2019 | | | |
| | | | |
| Number of Shares | | | | Value | |
| | | INVESTMENT COMPANIES - 99.07% | | | |
| | | Exchange Traded Funds - 99.07% | | | |
| | 79,030 | | iShares Core U.S. Aggregate Bond ETF (c) | | $ | 8,880,601 | |
| | 144,116 | | iShares Intermediate-Term Corporate Bond ETF (c) | | | 8,355,846 | |
| | 114,030 | | iShares Preferred & Income Securities ETF | | | 4,286,388 | |
| | 31,091 | | SPDR Bloomberg Barclays High Yield Bond ETF | | | 3,405,708 | |
| | 144,486 | | VanEck Vectors Emerging Markets High Yield Bond ETF (a) | | | 3,428,653 | |
| | | | Total Investment Companies (Cost $27,898,251) | | | 28,357,196 | |
| | | | | | | | |
| | | | SHORT TERM INVESTMENTS - 1.32% | | | | |
| | | | Money Market Funds - 1.32% | | | | |
| | | | DWS Government Money Market Series - Institutional Shares | | | | |
| | 377,100 | | Effective Yield 1.55% (b) | | | 377,100 | |
| | | | Total Short Term Investments (Cost $377,100) | | | 377,100 | |
| | | | | | | | |
| | | | INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL - 2.58% | | | | |
| | 739,625 | | Mount Vernon Liquid Assets Portfolio, LLC | | | | |
| | | | Effective Yield, 1.80% (b) | | | 739,625 | |
| | | | Total Investments Purchased with Proceeds from Securities Lending Collateral (Cost $739,625) | | | 739,625 | |
| | | | | | | | |
| | | | Total Investments (Cost $29,014,976) - 102.97% | | | 29,473,921 | |
| | | | Liabilities in Excess of Other Assets - (2.97)% | | | (850,481 | ) |
| | | | TOTAL NET ASSETS - 100.00% | | $ | 28,623,440 | |
| | | | | | | | |
| Percentages are stated as a percent of net assets. | | | | |
| (a) | | All or portion of this security is on loan. | | | | |
| (b) | | Seven-day yield as of December 31, 2019. | | | | |
| (c) | | Fair value of this security exceeds 25% of the Fund's net assets. Additional information for this security, including the financial statements, is available from the SEC's EDGAR database at www.sec.gov. | | | | |
