GuidePath® Flexible Income Allocation Fund | | | |
Schedule of Investments (Unaudited) | | | |
June 30, 2023 | | | |
| | | |
Number of Shares | | | | Value | |
| | INVESTMENT COMPANIES - 95.69% | | | |
| | Alternative Funds - 12.93% | | | |
| 251,166 | | JPMorgan Research Market Neutral Fund (a)(c) | | $ | 3,521,350 | |
| 2,480,346 | | Stone Ridge Diversified Alternatives Fund | | | 27,854,286 | |
| 402,321 | | Vanguard Market Neutral Fund - Institutional Shares (c) | | | 5,012,926 | |
| | | | | | 36,388,562 | |
| | | Domestic Equity Funds - 1.28% | | | | |
| 120,477 | | Goldman Sachs US Equity Dividend and Premium Fund | | | 1,789,077 | |
| 131,020 | | JPMorgan Equity Premium Income Fund | | | 1,797,593 | |
| | | | | | 3,586,670 | |
| | | Domestic Fixed Income Funds - 66.67% | | | | |
| 622,728 | | iShares Broad USD High Yield Corporate Bond ETF (b) | | | 21,982,298 | |
| 176,922 | | iShares Convertible Bond ETF | | | 13,509,764 | |
| 127,956 | | iShares iBoxx $ Investment Grade Corporate Bond ETF (b) | | | 13,837,162 | |
| 1,590,480 | | JPMorgan Short Duration Core Plus Fund | | | 14,187,085 | |
| 559,443 | | JPMorgan TR II Core Bond Fund I | | | 5,695,125 | |
| 206,944 | | SPDR Bloomberg Barclays High Yield Bond ETF (b) | | | 19,045,056 | |
| 229,418 | | SPDR Bloomberg Barclays Short Term High Yield Bond ETF (b) | | | 5,666,625 | |
| 6,777,469 | | Vanguard High-Yield Corporate Fund - Admiral Shares | | | 35,378,389 | |
| 569,926 | | Vanguard Long-Term Treasury ETF (b) | | | 36,207,398 | |
| 637,392 | | Xtrackers USD High Yield Corporate Bond ETF | | | 21,990,024 | |
| | | | | | 187,498,926 | |
| | | Emerging Markets Fixed Income Funds - 4.76% | | | | |
| 215,180 | | Vanguard Emerging Markets Government Bond ETF | | | 13,399,259 | |
| | | Opportunistic Fixed Income Funds - 10.05% | | | | |
| 1,172,346 | | Eaton Vance Short Duration Strategic Income Fund | | | 7,690,591 | |
| 1,217,155 | | JPMorgan Income Fund | | | 9,919,814 | |
| 1,131,191 | | JPMorgan Unconstrained Debt Fund - Select Shares | | | 10,667,128 | |
| | | | | | 28,277,533 | |
| | | Total Investment Companies (Cost $269,841,618) | | | 269,150,950 | |
| | | | | | | |
| | | SHORT TERM INVESTMENTS - 4.22% | | | | |
| | | Money Market Funds - 4.22% | | | | |
| 11,878,742 | | JPMorgan U.S. Government Money Market Fund | | | | |
| | | Effective Yield, 5.03% (d) | | | 11,878,742 | |
| | | Total Short Term Investments (Cost $11,878,742) | | | 11,878,742 | |
Number of Units | | | | | | |
| | | INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL - 15.79% | | | | |
| 44,422,500 | | Mount Vernon Liquid Assets Portfolio, LLC | | | | |
| | | Effective Yield, 5.22% (d) | | | 44,422,500 | |
| | | Total Investments Purchased with Proceeds from Securities Lending Collateral (Cost $44,422,500) | | | 44,422,500 | |
| | | | | | | |
| | | Total Investments (Cost $326,142,860) - 115.70% | | | 325,452,192 | |
| | | Liabilities in Excess of Other Assets - (15.70)% | | | (44,163,328 | ) |
| | | TOTAL NET ASSETS - 100.00% | | $ | 281,288,864 | |
Percentages are stated as a percent of net assets. | |
(a)
| Non-income producing security. | |
(b)
| All or portion of this security is on loan. | |
(c)
| Certain GuidePath Funds invest in securities of unaffiliated underlying funds in accordance with Section 12(d)(1)(F) of the Investment Company Act of 1940. Such investments are potentially illiquid, because an unaffiliated underlying fund, under the terms of Section 12(d)(1)(F), is not obligated to redeem its shares in an amount exceeding 1% of its total outstanding shares during any period of less than thirty days. Investments made in accordance with Section 12(d)(1)(F) that exceed 1% of the oustanding shares of each underlying fund, and therefore are potentially illiquid, amount to $1,882,803 or 0.67% of total net assets as of June 30, 2023. | |
(d)
| Seven-day yield as of June 30, 2023. | |