GPS Funds II NPORT-P GuidePath Conservative Income Fund (Jun 2020 report)

GuidePath® Conservative Income Fund
Schedule of Investments (Unaudited)
June 30, 2020
Number of Shares			Value
		INVESTMENT COMPANIES - 52.88%
		Exchange Traded Funds - 52.88%
	48,405	iShares 0-5 Year Investment Grade Corporate Bond ETF (a)	$	2,523,110
	9,671	iShares 0-5 Year TIPS Bond ETF		990,214
	19,439	Schwab Short-Term U.S. Treasury ETF		1,003,635
	16,451	SPDR Barclays Investment Grade Floating Rate ETF		501,426
		Total Investment Companies (Cost $4,989,208)		5,018,385
		SHORT TERM INVESTMENTS - 46.24%
		Money Market Funds - 35.54%
	3,372,454	DWS Government Money Market Series - Institutional Shares
		Effective Yield, 0.12% (a)(b)		3,372,454
Principal Amount
		U.S. Treasury Notes 10.70%
$	100,000	1.375%, 09/15/2020		100,249
	300,000	2.500%, 12/31/2020		303,439
	300,000	2.250%, 03/31/2021		304,688
	300,000	2.125%, 9/30/2021		307,307
		Total U.S. Treasury Obligations (Cost $1,012,625)		1,015,683
		Total Short Term Investments (Cost $4,385,079)		4,388,137
		Total Investments (Cost $9,374,287) - 99.12%		9,406,522
		Other Assets in Excess of Liabilities - 0.88%		83,731
		TOTAL NET ASSETS - 100.00%	$	9,490,253

Percentages are stated as a percent of net assets.
(a)	Fair value of this security exceeds 25% of the Fund's net assets. Additional information for this security, including financial statements, is available from the SEC's EDGAR datatbase at www.sec.gov.
(b)	Seven-day yield as of June 30, 2020.