GPS Funds II NPORT-P GuidePath Conservative Allocation Fund (Jun 2022 report)

GuidePath® Conservative Allocation Fund
Schedule of Investments (Unaudited)
June 30, 2022
Number of Shares			Value
		INVESTMENT COMPANIES - 99.04%
		Exchange Traded Funds - 71.11%
	288,135	iShares 1-3 Year Treasury Bond ETF (a)	$	23,854,697
	125,195	iShares 7-10 Year Treasury Bond ETF (a)		12,807,449
	63,726	iShares 10+ Year Investment Grade Corporate Bond ETF (a)		3,397,233
	293,206	iShares Broad USD Investment Grade Corporate Bond ETF (a)		14,944,710
	279,710	iShares Broad USD High Yield Corporate Bond ETF (a)		9,683,560
	359,703	iShares Core Aggressive Allocation ETF		21,542,613
	381,842	iShares Core Growth Allocation ETF		18,328,416
	145,867	iShares Core MSCI Emerging Markets ETF		7,156,235
	71,490	iShares Core MSCI Europe ETF		3,214,190
	186,008	iShares Core S&P Small-Cap ETF		17,188,999
	178,602	iShares Core U.S. Aggregate Bond ETF		18,160,251
	114,472	iShares Edge MSCI Min Vol USA ETF		8,037,079
	28,877	iShares iBoxx High Yield Corporate Bond ETF (a)		2,125,636
	48,203	iShares J.P. Morgan USD Emerging Markets Bond ETF		4,112,680
	47,408	iShares MSCI EAFE Min Vol Factor ETF (a)		3,001,400
	132,402	iShares MSCI Switzerland ETF (a)		5,498,655
	75,311	iShares TIPS Bond ETF (a)		8,578,676
	44,100	JPMorgan Beta Builders Canada ETF (a)		2,590,434
	170,629	SPDR Bloomberg Barclays High Yield Bond ETF (a)		15,477,757
	103,717	SPDR Bloomberg Barclays International Treasury Bond ETF (a)		2,402,086
	201,081	SPDR Gold MiniShares Trust (b)		7,214,786
	407,696	Vanguard FTSE Developed Markets ETF (a)		16,633,997
	37,215	Vanguard Global ex-U.S. Real Estate ETF		1,647,508
	111,971	Vanguard High Dividend Yield ETF		11,387,451
	68,168	Vanguard Intermediate-Term Corporate Bond ETF		5,454,803
	134,029	Vanguard Long-Term Treasury ETF		9,403,475
	417,108	Vanguard Mortgage-Backed Securities ETF		19,941,933
	44,418	Vanguard Real Estate ETF (a)		4,046,924
	78,413	Vanguard S&P 500 ETF		27,199,901
	23,672	Vanguard Short-Term Corporate Bond ETF (a)		1,805,227
	18,274	Vanguard Total Bond Market ETF		1,375,301
	36,799	Vanguard Total International Bond ETF (a)		1,823,022
	113,277	Vanguard Value ETF		14,938,971
				324,976,055
		Mutual Funds - 27.93%
	345,177	American Funds - Capital Income Builder - Class F3		21,570,140
	1,233,634	American Funds - High-Income Trust - Class F3		11,102,707
	1,960,923	American Funds - Multi-Sector Income Fund - Class F3		17,824,786
	237,131	American Funds - Mutual Fund - Class F3		11,443,940
	1,523,139	American Funds - The Bond Fund of America - Class F3		18,064,432
	933,055	American Funds - The Income Fund of America - Class F3		21,534,919
	224,637	American Funds - Washington Mutual Investors Fund - Class F3		11,382,371
	2,887,435	Vanguard High-Yield Corporate Fund - Admiral Shares		14,697,044
				127,620,339
		Total Investment Companies (Cost $442,837,027)		452,596,394
		SHORT TERM INVESTMENTS - 1.02%
		Money Market Funds - 1.02%
	4,671,995	DWS Government Money Market Series - Institutional Shares
		Effective Yield, 1.24% (c)		4,671,995
		Total Short Term Investments (Cost $4,671,995)		4,671,995
Number of Units
		INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL - 12.16%
	55,567,866	Mount Vernon Liquid Assets Portfolio, LLC
		Effective Yield, 1.64% (c)		55,567,866
		Total Investments Purchased with Proceeds from Securities Lending Collateral (Cost $55,567,866)		55,567,866
		Total Investments (Cost $503,076,888) - 112.22%		512,836,255
		Liabilities in Excess of Other Assets - (12.22)%		(55,824,482	)
		TOTAL NET ASSETS - 100.00%	$	457,011,773
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 June 30, 2022.