GuidePath® Tactical Allocation Fund | | | |
| Schedule of Investments (Unaudited) | | | |
| December 31, 2021 | | | |
| | | | |
| Number of Shares | | | | Value | |
| | | COMMON STOCKS - 69.36% | | | |
| | | Banks - 1.63% | | | |
| | 526,978 | | First Horizon Corp. | | $ | 8,605,551 | |
| | | | Biotechnology - 4.71% | | | | |
| | 20,494 | | Regeneron Pharmaceuticals, Inc. (b) | | | 12,942,371 | |
| | 54,999 | | United Therapeutics Corp. (b) | | | 11,884,184 | |
| | | | | | | 24,826,555 | |
| | | | Capital Markets - 1.79% | | | | |
| | 243,257 | | Jefferies Financial Group, Inc. | | | 9,438,372 | |
| | | | Electric Utilities - 0.87% | | | | |
| | 100,201 | | PNM Resources, Inc. | | | 4,570,168 | |
| | | | Food & Staples Retailing - 3.07% | | | | |
| | 357,131 | | Kroger Co. (a) | | | 16,163,749 | |
| | | | Food Products - 4.76% | | | | |
| | 46,271 | | Sanderson Farms, Inc. (a) | | | 8,841,463 | |
| | 186,365 | | Tyson Foods, Inc. - Class A | | | 16,243,573 | |
| | | | | | | 25,085,036 | |
| | | | Gas Utilities - 1.64% | | | | |
| | 188,437 | | UGI Corp. | | | 8,651,143 | |
| | | | Health Care Equipment & Supplies - 2.94% | | | | |
| | 47,104 | | Danaher Corp. | | | 15,497,687 | |
| | | | Health Care Providers & Services - 5.83% | | | | |
| | 147,485 | | CVS Health Corp. | | | 15,214,552 | |
| | 49,441 | | Laboratory Corp of America Holdings (b) | | | 15,534,857 | |
| | | | | | | 30,749,409 | |
| | | | Household Products - 2.99% | | | | |
| | 96,286 | | Procter & Gamble Co. | | | 15,750,464 | |
| | | | Insurance - 3.92% | | | | |
| | 269,175 | | Aflac, Inc. | | | 15,717,128 | |
| | 201,865 | | Old Republic International Corp. | | | 4,961,842 | |
| | | | | | | 20,678,970 | |
| | | | Interactive Media & Services - 4.68% | | | | |
| | 5,012 | | Alphabet, Inc. (b) | | | 14,519,965 | |
| | 30,178 | | Meta Platforms, Inc. - Class A (b) | | | 10,150,370 | |
| | | | | | | 24,670,335 | |
| | | | Life Sciences Tools & Services - 3.18% | | | | |
| | 22,229 | | Bio-Rad Laboratories, Inc. - Class A (b) | | | 16,795,566 | |
| | | | Machinery - 1.79% | | | | |
| | 43,817 | | Snap-on, Inc. (a) | | | 9,437,305 | |
| | | | Media - 2.32% | | | | |
| | 548,356 | | News Corp. - Class A | | | 12,233,822 | |
| | | | Multiline Retail - 3.27% | | | | |
| | 74,557 | | Target Corp. | | | 17,255,472 | |
| | | | Oil, Gas & Consumable Fuels - 4.94% | | | | |
| | 206,119 | | ConocoPhillips | | | 14,877,669 | |
| | 253,353 | | Devon Energy Corp. | | | 11,160,200 | |
| | | | | | | 26,037,869 | |
| | | | Paper & Forest Products - 2.24% | | | | |
| | 150,756 | | Louisiana-Pacific Corp. | | | 11,811,733 | |
| | | | Pharmaceuticals - 2.94% | | | | |
| | 262,306 | | Pfizer, Inc. | | | 15,489,169 | |
| | | | Professional Services - 2.58% | | | | |
| | 122,147 | | Robert Half International, Inc. | | | 13,621,833 | |
| | | | Software - 3.54% | | | | |
| | 55,574 | | Microsoft Corp. | | | 18,690,648 | |
| | | | Technology Hardware, Storage & Peripherals - 1.69% | | | | |
| | 50,097 | | Apple, Inc. | | | 8,895,724 | |
| | | | Trading Companies & Distributors - 2.04% | | | | |
| | 32,366 | | United Rentals, Inc. (b) | | | 10,754,898 | |
| | | | Total Common Stocks (Cost $327,243,225) | | | 365,711,478 | |
| | | | | | | | |
| | | | INVESTMENT COMPANIES - 13.96% | | | | |
| | | | Exchange Traded Funds - 13.96% | | | | |
| | 168,523 | | Vanguard S&P 500 ETF | | | 73,572,086 | |
| | | | Total Investment Companies (Cost $59,055,699) | | | 73,572,086 | |
| | | | | | | | |
| | | | REAL ESTATE INVESTMENT TRUSTS - 1.57% | | | | |
| | | | Real Estate Investment Trusts - 1.57% | | | | |
| | 115,633 | | SL Green Realty Corp. (a) | | | 8,290,886 | |
| | | | Total Real Estate Investment Trusts (Cost $8,631,824) | | | 8,290,886 | |
| | | | | | | | |
| | | | SHORT TERM INVESTMENTS - 14.66% | | | | |
| | | | Money Market Funds - 14.66% | | | | |
| | 77,303,520 | | DWS Government Money Market Series - Institutional Shares | | | | |
| | | | Effective Yield, 0.04% (c) | | | 77,303,520 | |
| | | | Total Short Term Investments (Cost $77,303,520) | | | 77,303,520 | |
| Number of Units | | | | | | |
| | | | INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL - 5.88% | | | | |
| | 31,008,345 | | Mount Vernon Liquid Assets Portfolio, LLC | | | | |
| | | | Effective Yield, 0.12% (c) | | | 31,008,345 | |
| | | | Total Investments Purchased with Proceeds from Securities Lending Collateral (Cost $31,008,345) | | | 31,008,345 | |
| | | | | | | | |
| | | | Total Investments (Cost $503,242,613) - 105.43% | | | 555,886,315 | |
| | | | Liabilities in Excess of Other Assets - (5.43)% | | | (28,627,117 | ) |
| | | | TOTAL NET ASSETS - 100.00% | | $ | 527,259,198 | |
| | | | | | | | |
| Percentages are stated as a percent of net assets. | | | | |
| (a) | | All or portion of this security is on loan. | | | | |
| (b) | | Non-income producing security. | | | | |
| (c) | | Seven-day yield as of December 31, 2021. | | | | |
