GuidePath® Tactical Allocation Fund | |
| Schedule of Investments (Unaudited) | |
| June 30, 2023 | |
| | | |
| Number of Shares | | | Value |
| | | COMMON STOCKS - 70.95% | |
| | | Air Freight & Logistics - 3.03% | |
| 131,686 | | Expeditors International of Washington, Inc. | $
| 15,951,125 |
| | | Biotechnology - 7.25% | |
| 17,068 | | Regeneron Pharmaceuticals, Inc. (a) | 12,264,041 |
| 52,443 | | United Therapeutics Corp. (a) | 11,576,792 |
| 40,786 | | Vertex Pharmaceuticals, Inc. (a) | 14,353,001 |
| | | | 38,193,834 |
| | | Building Products - 3.22% | |
| 124,760 | | Builders FirstSource, Inc. (a) | 16,967,360 |
| | | Electric Utilities - 1.77% | |
| 259,527 | | OGE Energy Corp. | 9,319,615 |
| | | Food & Staples Retailing - 1.41% | |
| 202,463 | | Sprouts Farmers Market, Inc. (a)(b) | 7,436,466 |
| | | Food Products - 2.36% | |
| 164,061 | | Archer-Daniels-Midland Co. | 12,396,449 |
| | | Health Care Equipment & Supplies - 2.27% | |
| 49,745 | | Danaher Corp. | 11,938,800 |
| | | Health Care Providers & Services - 4.23% | |
| 109,565 | | CVS Health Corp. | 7,574,228 |
| 60,893 | | Laboratory Corp of America Holdings | 14,695,308 |
| | | | 22,269,536 |
| | | Household Durables - 3.89% | |
| 122,703 | | DR Horton, Inc. | 14,931,728 |
| 71,128 | | PulteGroup, Inc. | 5,525,223 |
| | | | 20,456,951 |
| | | Household Products - 3.20% | |
| 110,953 | | Procter & Gamble Co. | 16,836,008 |
| | | Insurance - 8.31% | |
| 223,439 | | Aflac, Inc. (b) | 15,596,042 |
| 224,965 | | Hartford Financial Services Group, Inc. | 16,201,979 |
| 250,858 | | Unum Group | 11,965,927 |
| | | | 43,763,948 |
| | | Interactive Media & Services - 1.15% | |
| 50,604 | | Alphabet, Inc. - Class A (a) | 6,057,299 |
| | | Machinery - 2.59% | |
| 47,256 | | Snap-on, Inc. (b) | 13,618,707 |
| | | Media - 2.51% | |
| 50,323 | | Nexstar Media Group, Inc. (b) | 8,381,296 |
| 298,663 | | TEGNA, Inc. (b) | 4,850,287 |
| | | | 13,231,583 |
| | | Metals & Mining - 2.11% | |
| 102,161 | | Steel Dynamics, Inc. | 11,128,398 |
| | | Oil, Gas & Consumable Fuels - 1.89% | |
| 51,366 | | Devon Energy Corp. | 2,483,032 |
| 182,707 | | PBF Energy, Inc. | 7,480,025 |
| | | | 9,963,057 |
| | | Pharmaceuticals - 2.58% | |
| 370,218 | | Pfizer, Inc. | 13,579,596 |
| | | Professional Services - 1.77% | |
| 124,087 | | Robert Half International, Inc. | 9,333,824 |
| | | Road & Rail - 2.70% | |
| 255,448 | | Knight-Swift Transportation Holdings, Inc. - Class A (b) | 14,192,691 |
| | | Semiconductors & Semiconductor Equipment - 2.88% | |
| 160,361 | | ON Semiconductor Corp. (a) | 15,166,943 |
| | | Software - 4.92% | |
| 76,113 | | Microsoft Corp. | 25,919,521 |
| | | Technology Hardware, Storage & Peripherals - 4.91% | |
| 133,317 | | Apple, Inc. | 25,859,499 |
| | | Total Common Stocks (Cost $324,307,119) | 373,581,210 |
| | | | |
| | | | |
| | | INVESTMENT COMPANIES - 27.17% | |
| | | Alternative Funds - 17.18% | |
| 1,555,389 | | ProShares Ultra S&P 500 ETF (b) | 90,445,870 |
| | | Domestic Equity Funds - 9.99% | |
| 118,056 | | iShares Core S&P 500 ETF | 52,618,740 |
| | | Total Investment Companies (Cost $136,768,661) | 143,064,610 |
| | | | |
| | | SHORT TERM INVESTMENTS - 1.86% | |
| | | Money Market Funds - 1.86% | |
| 9,818,209 | | JPMorgan U.S. Government Money Market Fund | |
| | | Effective Yield, 5.03% (c) | 9,818,209 |
| | | Total Short Term Investments (Cost $9,818,209) | 9,818,209 |
| Number of Units | | | |
| | | INVESTMENTS PURCHASED WITH PROCEEDS FROM SECURITIES LENDING COLLATERAL - 6.15% | |
| 32,394,671 | | Mount Vernon Liquid Assets Portfolio, LLC | |
| | | Effective Yield, 5.22% (c) | 32,394,671 |
| | | Total Investments Purchased with Proceeds from Securities Lending Collateral (Cost $32,394,671) | 32,394,671 |
| | | | |
| | | Total Investments (Cost $503,288,660) - 106.13% | 558,858,700 |
| | | Liabilities in Excess of Other Assets - (6.13)% | (32,254,661) |
| | | TOTAL NET ASSETS - 100.00% | $
| 526,604,039 |
