GuidePath® Multi-Asset Income Allocation Fund | | | |
| Schedule of Investments (Unaudited) | | | |
| December 31, 2020 | | | |
| | | | |
Number of Shares | | | | Value | |
| | | INVESTMENT COMPANIES - 98.88% | | | |
| | | Exchange Traded Funds - 83.08% | | | |
| | 293,199 | | Global X US Preferred ETF (a) | | $ | 7,564,533 | |
| | 20,860 | | Invesco S&P 500 Quality ETF (a) | | | 878,415 | |
| | 162,146 | | iShares 0-5 Year High Yield Corporate Bond ETF | | | 7,367,914 | |
| | 66,578 | | iShares Broad USD High Yield Corporate Bond ETF | | | 2,747,008 | |
| | 176,724 | | iShares Emerging Markets Dividend ETF (a) | | | 6,579,435 | |
| | 31,545 | | iShares ESG MSCI EM Leaders ETF | | | 1,885,760 | |
| | 14,513 | | iShares iBoxx $ Investment Grade Corporate Bond ETF | | | 2,004,681 | |
| | 17,663 | | iShares Interest Rate Hedged Corporate Bond ETF | | | 1,687,523 | |
| | 221,986 | | iShares International Select Dividend ETF (a) | | | 6,541,927 | |
| | 25,738 | | iShares MSCI International Quality Factor ETF (a) | | | 917,817 | |
| | 74,194 | | iShares Select Dividend ETF (a) | | | 7,135,979 | |
| | 114,137 | | Schwab US Dividend Equity ETF | | | 7,320,747 | |
| | 104,331 | | SPDR Portfolio Aggregate Bond ETF | | | 3,212,351 | |
| | 60,275 | | SPDR Portfolio Long Term Corporate Bond ETF (a) | | | 1,995,103 | |
| | 103,012 | | SPDR Portfolio S&P 500 High Dividend ETF (a) | | | 3,393,215 | |
| | 77,121 | | SPDR Portfolio Short Term Corporate Bond ETF | | | 2,421,599 | |
| | 37,928 | | SPDR S&P Global Dividend ETF | | | 2,288,576 | |
| | 27,073 | | SPDR S&P Global Infrastructure ETF | | | 1,350,672 | |
| | 109,701 | | SPDR S&P International Dividend ETF | | | 4,010,669 | |
| | 22,825 | | Vanguard Emerging Markets Government Bond ETF | | | 1,878,498 | |
| | 54,394 | | Vanguard Global ex-U.S. Real Estate ETF | | | 2,954,138 | |
| | 77,992 | | Vanguard High Dividend Yield ETF (a) | | | 7,137,047 | |
| | 61,774 | | Vanguard Long-Term Treasury ETF (a) | | | 5,921,656 | |
| | 108,978 | | Vanguard Mortgage-Backed Securities ETF (a) | | | 5,892,440 | |
| | 33,589 | | Vanguard Real Estate ETF (a) | | | 2,852,714 | |
| | 2,265 | | Vanguard S&P 500 ETF | | | 778,458 | |
| | 6,221 | | Vanguard Utilities ETF (a) | | | 853,646 | |
| | 62,341 | | WisdomTree U.S. LargeCap Dividend Fund | | | 6,701,658 | |
| | 156,504 | | WisdomTree U.S. SmallCap Dividend Fund (a) | | | 4,163,006 | |
| | | | | | | 110,437,185 | |
| | | | Mutual Funds - 15.80% | | | | |
| | 198,170 | | BlackRock Income Fund - Institutional Shares | | | 2,096,638 | |
| | 283,790 | | BlackRock Strategic Income Opportunities Portfolio - Institutional Shares | | | 2,942,906 | |
| | 228,969 | | Loomis Sayles Global Allocation Fund - Y Class | | | 6,154,684 | |
| | 130,466 | | T. Rowe Price Institutional Floating Rate Fund - Investor Shares | | | 1,264,219 | |
| | 1,429,102 | | Vanguard High-Yield Corporate Fund - Admiral Shares | | | 8,546,028 | |
| | | | | | | 21,004,475 | |
| | | | Total Investment Companies (Cost $114,244,503) | | | 131,441,660 | |
| | | | | | | | |
| | | | SHORT TERM INVESTMENTS - 0.32% | | | | |
| | | | Money Market Funds - 0.32% | | | | |
| | 424,046 | | DWS Government Money Market Series - Institutional Shares | | | | |
| | | | Effective Yield, 0.03% (b) | | | 424,046 | |
| | | | Total Short Term Investments (Cost $424,046) | | | 424,046 | |
| | | | | | | | |
| | | | INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL - 17.19% | | | | |
| | | | Investments Purchased with Proceeds from Securities Lending Collateral- 17.19% | | | | |
| | 22,857,278 | | Mount Vernon Liquid Assets Portfolio, LLC | | | | |
| | | | Effective Yield, 0.16% (b) | | | 22,857,278 | |
| | | | Total Investments Purchased with Proceeds from Securities Lending Collateral (Cost $22,857,278) | | | 22,857,278 | |
| | | | | | | | |
| | | | Total Investments (Cost $137,525,827) - 116.39% | | | 154,722,984 | |
| | | | Liabilities in Excess of Other Assets - (16.39)% | | | (21,785,453 | ) |
| | | | TOTAL NET ASSETS - 100.00% | | $ | 132,937,531 | |
