Principal
Value
U.S.
Government
Obligations
–
56.5%
U.S.
Treasury
Inflation
Indexed
Note,
0.63%,
1/15/2024(a)
.............................
$
30,118,600
$
39,085,533
U.S.
Treasury
Inflation
Indexed
Note,
0.50%,
4/15/2024
...............................
4,200,000
5,001,298
Total
U.S.
Government
Obligations
(Cost
$44,075,608)
..............................................
44,086,831
Shares
Exchange-Traded
Funds
–
38.6%
iShares
20+
Year
Treasury
Bond
ETF(b)
...........................................
49,900
4,425,631
iShares
Core
U.S.
Aggregate
Bond
ETF(b)
.........................................
68,900
6,479,356
iShares
iBoxx
$
Investment
Grade
Corporate
Bond
ETF
...............................
1,946
198,531
iShares
iBoxx
High
Yield
Corporate
Bond
ETF(a)(b)
..................................
66,923
4,933,564
iShares
MBS
ETF(a)(b)
.........................................................
54,947
4,879,293
PIMCO
15+
Year
U.S.
Tips
Index
Exchange-Traded
Fund(b)
...........................
82,000
4,309,100
Vanguard
Mortgage-Backed
Securities
ETF(a)
......................................
111,100
4,863,958
Total
Exchange-Traded
Funds
(Cost
$31,558,439)
.................................................
30,089,433
Principal
U.S.
Treasury
Bills
–
1.1%
U.S.
Treasury
Bill,
5.35%,
10/3/2023(c)
............................................
$
400,000
399,942
U.S.
Treasury
Bill,
5.41%,
12/19/2023(c)
...........................................
500,000
494,261
Total
U.S.
Treasury
Bills
(Cost
$894,165)
.........................................................
894,203
Number
of
Contracts
Notional
Amount
Purchased
Options
–
0.0%†
Calls
–
Exchange-Traded
–
0.0%†
iShares
20+
Year
Treasury
Bond
ETF,
October
Strike
Price
$99,
Expires
10/06/23
.....................................................
499
$
4,940,100
499
Total
Purchased
Options
(Cost
$2,882)
............................................................
499
Total
Investments
–
96.2%
(Cost
$76,531,094)
..........................................................................
$
75,070,966
Other
Assets
in
Excess
of
Liabilities
–
3.8%
.........................................................
2,986,769
Net
Assets
–
100.0%
..........................................................................
$
78,057,735
Number
of
Contracts
Notional
Amount
Written
Options
–
(0.4)%
Calls
–
Exchange-Traded
–
(0.0)%†
iShares
20+
Year
Treasury
Bond
ETF,
October
Strike
Price
$95,
Expires
10/06/23
.....................................................
(499)
$
(4,740,500)
$
(998)
iShares
Core
U.S.
Aggregate
Bond
ETF,
December
Strike
Price
$104,
Expires
12/15/23
..............................................
(337)
(3,504,800)
(4,718)
iShares
iBoxx
High
Yield
Corporate
Bond
ETF,
December
Strike
Price
$76,
Expires
12/15/23
..............................................
(670)
(5,092,000)
(11,055)
iShares
MBS
ETF,
December
Strike
Price
$95,
Expires
12/15/23
..........
(515)
(4,892,500)
(5,150)
iShares
MBS
ETF,
January
Strike
Price
$94,
Expires
1/19/24
.............
(582)
(5,470,800)
(11,640)
PIMCO
15+
Year
U.S.
Tips
Index
Exchange-Traded
Fund,
December
Strike
Price
$60,
Expires
12/15/23
.....................................
(820)
(4,920,000)
(12,300)
U.S.
Treasury
10
Year
Note,
October
Strike
Price
$110,
Expires
10/27/23
...
(113)
(12,430,000)
(24,719)
U.S.
Treasury
10
Year
Note,
October
Strike
Price
$112,
Expires
10/27/23
...
(124)
(13,826,000)
(9,687)
