Schedule of Investments
March 31, 2022 (Unaudited)
Conservative Allocation
| Security Description | | Shares or Principal Amount ($) | | | Fair Value ($)(1) | |
| | | | | | | |
| Common Stocks (United States) - 11.9% | | | | | | | | |
| | | | | | | | | |
| Communication Services - 0.8% | | | | | | | | |
| ALPHABET INC - CLASS A (2) | | | 193 | | | | 536,801 | |
| ALPHABET INC - CLASS C (2) | | | 32 | | | | 89,376 | |
| COMCAST CORP NEW CL A | | | 741 | | | | 34,694 | |
| ENTRAVISION COMMUNICTNS CORP | | | 260 | | | | 1,667 | |
| IDT CORPORATION (2) | | | 253 | | | | 8,625 | |
| INTERPUBLIC GROUP OF COS INC | | | 760 | | | | 26,942 | |
| LIBERTY TRIPADVISOR HOLDINGS INC. (A) (2) | | | 449 | | | | 920 | |
| META PLATFORMS INC (2) | | | 1,360 | | | | 302,410 | |
| OMNICOM GRP INC | | | 358 | | | | 30,387 | |
| OUTBRAIN INC. (2) | | | 337 | | | | 3,616 | |
| ZIFF DAVIS, INC. | | | 215 | | | | 20,808 | |
| | | | | | | | | |
| | | | | | | | 1,056,246 | |
| | | | | | | | | |
| Consumer Discretionary - 0.9% | | | | | | | | |
| AMAZON.COM INC (2) | | | 152 | | | | 495,512 | |
| AUTOZONE INC (NEV) (2) | | | 21 | | | | 42,936 | |
| BEST BUY CO INC | | | 444 | | | | 40,360 | |
| BIGLARI HOLDINGS INC CL B (2) | | | 5 | | | | 723 | |
| CALERES INC | | | 36 | | | | 696 | |
| CAPRI HOLDINGS LIMITED (2) | | | 206 | | | | 10,586 | |
| CHICO'S FAS INC (2) | | | 62 | | | | 298 | |
| EBAY INC | | | 2,450 | | | | 140,287 | |
| ETHAN ALLEN INTERIORS INC | | | 12 | | | | 313 | |
| FORD MOTOR COMPANY | | | 2,599 | | | | 43,949 | |
| GREENLANE HOLDINGS, INC. (2) | | | 512 | | | | 287 | |
| HIBBETT, INC. | | | 940 | | | | 41,680 | |
| KOHLS CORP | | | 106 | | | | 6,409 | |
| LIQUIDITY SERVICES INC. (2) | | | 32 | | | | 548 | |
| LOWES COMPANIES INC | | | 844 | | | | 170,648 | |
| MACY'S INC. | | | 1,765 | | | | 42,995 | |
| O'REILLY AUTOMOTIVE INC (2) | | | 46 | | | | 31,508 | |
| QURATE RETAIL INC (A) | | | 420 | | | | 1,999 | |
| RED ROCK RESORTS INC. (A) | | | 69 | | | | 3,351 | |
| SKYLINE CHAMPION CORPORATION (2) | | | 157 | | | | 8,616 | |
| SMITH & WESSON BRANDS, INC. | | | 166 | | | | 2,512 | |
| TAPESTRY INC | | | 370 | | | | 13,746 | |
| TARGET CORPORATION | | | 228 | | | | 48,386 | |
| TESLA INC (2) | | | 70 | | | | 75,432 | |
| THOR INDUSTRIES INC | | | 346 | | | | 27,230 | |
| TOWN SPORTS INTL HLDG INC (2) | | | 464 | | | | 1 | |
| TRACTOR SUPPLY CO | | | 152 | | | | 35,472 | |
| | | | | | | | | |
| | | | | | | | 1,286,480 | |
| | | | | | | | | |
| Consumer Staples - 0.6% | | | | | | | | |
| ALBERTSONS COMPANIES INC | | | 819 | | | | 27,232 | |
| ARCHER DANIELS MIDLAND CO | | | 1,282 | | | | 115,713 | |
| BUNGE LTD | | | 159 | | | | 17,619 | |
| COSTCO WHOLESALE CORP | | | 200 | | | | 115,170 | |
| FLOWERS FOODS INC NEW | | | 10 | | | | 257 | |
| GENERAL MILLS INC | | | 2,932 | | | | 198,555 | |
| KROGER CO | | | 67 | | | | 3,844 | |
| PROCTER & GAMBLE CO | | | 89 | | | | 13,599 | |
| TYSON FOODS INC | | | 121 | | | | 10,845 | |
| UNITED NATURAL FOODS INC (2) | | | 31 | | | | 1,282 | |
| WALMART INC | | | 1,716 | | | | 255,547 | |
| | | | | | | | | |
| | | | | | | | 759,663 | |
| Energy - 0.7% | | | | | | |
| APA Corporation | | | 584 | | | | 24,137 | |
| BAKER HUGHES COMPANY | | | 19 | | | | 692 | |
| Berry Corporation (bry) | | | 95 | | | | 980 | |
| BRISTOW GROUP INC (2) | | | 119 | | | | 4,413 | |
| CHAMPIONX CORP | | | 32 | | | | 783 | |
| CHENIERE ENERGY INC | | | 27 | | | | 3,744 | |
| CHEVRON CORP | | | 1,002 | | | | 163,156 | |
| CIVITAS RESOURCES INC | | | 18 | | | | 1,075 | |
| COMSTOCK RESOURCES INC (2) | | | 34 | | | | 444 | |
| CONOCOPHILLIPS | | | 636 | | | | 63,600 | |
| COTERRA ENERGY INC | | | 14 | | | | 378 | |
| DEVON ENERGY CORP | | | 306 | | | | 18,094 | |
| DIAMONDBACK ENERGY, INC | | | 132 | | | | 18,095 | |
| EOG RESOURCES INC | | | 232 | | | | 27,661 | |
| EQT CORPORATION | | | 125 | | | | 4,301 | |
| EXXON MOBIL CORP | | | 1,540 | | | | 127,189 | |
| HALLIBURTON CO HLDG CO | | | 285 | | | | 10,793 | |
| HESS CORPORATION | | | 95 | | | | 10,169 | |
| LAREDO PETROLEUM INC (2) | | | 9 | | | | 712 | |
| MARATHON PETROLEUM CORP | | | 2,657 | | | | 227,174 | |
| NINE ENERGY SERVICE INC (2) | | | 250 | | | | 935 | |
| ONEOK INC NEW | | | 306 | | | | 21,613 | |
| OVINTIV INC | | | 458 | | | | 24,764 | |
| PDC ENERGY INC | | | 25 | | | | 1,817 | |
| PHILLIPS 66 | | | 255 | | | | 22,029 | |
| PIONEER NATURAL RESOURCES | | | 13 | | | | 3,250 | |
| RANGE RESOURCES CORP (2) | | | 77 | | | | 2,339 | |
| SCHLUMBERGER LTD | | | 1,107 | | | | 45,730 | |
| SM ENERGY CO | | | 75 | | | | 2,921 | |
| TARGA RESOURCES CORP | | | 274 | | | | 20,679 | |
| TEEKAY CORPORATION (2) | | | 255 | | | | 808 | |
| VALERO ENERGY CORP | | | 500 | | | | 50,770 | |
| Westmoreland Coal Co (2)(7) | | | 410 | | | | 0 | |
| WORLD FUEL SERVICES CORP | | | 27 | | | | 730 | |
| | | | | | | | | |
| | | | | | | | 905,975 | |
| | | | | | | | | |
| Financials - 1.6% | | | | | | | | |
| ALLY FINANCIAL INC | | | 677 | | | | 29,436 | |
| AMERICAN FINL GROUP INC | | | 130 | | | | 18,931 | |
| AMERICAN INTL GROUP NEW | | | 3,412 | | | | 214,171 | |
| ARGO GROUP INTERNATIONAL HOLDINGS LTD | | | 58 | | | | 2,394 | |
| BANK OF NEW YORK MELLON CORP | | | 1,766 | | | | 87,647 | |
| Berkshire Hathaway I Class B (2) | | | 2,355 | | | | 831,103 | |
| CHARLES SCHWAB CORP | | | 257 | | | | 21,668 | |
| CHIMERA INVESTMENT CORP NEW | | | 2,476 | | | | 29,811 | |
| CUSTOMERS BANCORP INC (2) | | | 8 | | | | 417 | |
| FIDELITY NATIONAL FINANCIAL INC | | | 1,842 | | | | 89,963 | |
| FIRST AMERICAN FINANCIAL CORP | | | 1,109 | | | | 71,885 | |
| HARTFORD FINL SVCS GRP INC | | | 357 | | | | 25,636 | |
| MARSH & MCLENNAN COS INC | | | 1,408 | | | | 239,951 | |
| MEDLEY MANAGEMENT INC (2)(7) | | | 25 | | | | 0 | |
| META FINANCIAL GRP INC | | | 172 | | | | 9,446 | |
| MOELIS & CO | | | 254 | | | | 11,925 | |
| NORTHRIM BANCORP INC | | | 202 | | | | 8,801 | |
| ONEMAIN HOLDINGS INC | | | 11 | | | | 522 | |
| PIPER SANDLER COMPANIES | | | 170 | | | | 22,313 | |
| PRUDENTIAL FINANCIAL INC | | | 559 | | | | 66,057 | |
| PZENA INVESTMENT MANAGEMENT | | | 407 | | | | 3,264 | |
| RAIT Financial Trust (2)(7) | | | 368 | | | | 0 | |
| REGIONS FINANCIAL CORP NEW | | | 1,701 | | | | 37,864 | |
| SIEBERT FINANCIAL CORP (2) | | | 121 | | | | 261 | |
| SLM CORP | | | 836 | | | | 15,349 | |
| STATE STREET CORP | | | 337 | | | | 29,359 | |
| STEWART INFORMATION SVCS CRP | | | 927 | | | | 56,185 | |
| TIPTREE INC | | | 70 | | | | 900 | |
| WALKER & DUNLOP INC | | | 120 | | | | 15,530 | |
| WILLIS TOWERS WATSON PLC | | | 361 | | | | 85,275 | |
| | | | | | | | | |
| | | | | | | | 2,026,064 | |
| Healthcare - 2.2% | | | | | | | | |
| ABBVIE INC | | | 1,456 | | | | 236,032 | |
| ALAUNOS THERAPEUTICS, INC. (2) | | | 334 | | | | 218 | |
| AMERISOURCEBERGEN CORP | | | 449 | | | | 69,465 | |
| AMGEN INC | | | 931 | | | | 225,134 | |
| AMNEAL PHARMACEUTICALS INC (2) | | | 442 | | | | 1,843 | |
| ANTHEM INC | | | 363 | | | | 178,313 | |
| Assertio Holdings, Inc. (2) | | | 266 | | | | 763 | |
| AVALO THERAPEUTICS, INC. (2) | | | 366 | | | | 265 | |
| BIO-TECHNE CORP | | | 42 | | | | 18,188 | |
| BRISTOL-MYERS SQUIBB CO | | | 565 | | | | 41,262 | |
| CALYXT INC (2) | | | 284 | | | | 295 | |
| CARDINAL HEALTH INC | | | 3,072 | | | | 174,182 | |
| CATALENT INC (2) | | | 266 | | | | 29,499 | |
| CENTENE CORPORATION (2) | | | 285 | | | | 23,994 | |
| CENTOGENE N.V. (2) | | | 138 | | | | 581 | |
| CERNER CORP | | | 333 | | | | 31,155 | |
| CIGNA CORP | | | 304 | | | | 72,841 | |
| CVS HEALTH CORP | | | 845 | | | | 85,522 | |
| DANAHER CORP | | | 35 | | | | 10,267 | |
| Elanco Animal Health CVR - Rights (2)(7) | | | 32 | | | | 0 | |
| ELI LILLY & CO | | | 290 | | | | 83,047 | |
| ELOXX PHARMACEUTICALS, INC (2) | | | 627 | | | | 351 | |
| ENDO INTERNATIONAL PLC (2) | | | 239 | | | | 552 | |
| FULGENT GENETICS, INC. (2) | | | 853 | | | | 53,236 | |
| GENPREX, INC (2) | | | 306 | | | | 692 | |
| GILEAD SCIENCE INC | | | 2,326 | | | | 138,281 | |
| HCA HEALTHCARE INC | | | 234 | | | | 58,645 | |
| IDEXX LABORATORIES CORP (2) | | | 18 | | | | 9,847 | |
| JOHNSON AND JOHNSON | | | 899 | | | | 159,330 | |
| JOINT CORP (THE) (2) | | | 205 | | | | 7,255 | |
| LA JOLLA PHARMACEUTICAL CO (2) | | | 153 | | | | 653 | |
| LAB CORP OF AMERICA NEW | | | 26 | | | | 6,855 | |
| MCKESSON CORP | | | 453 | | | | 138,677 | |
| MERCK & CO INC | | | 1,129 | | | | 92,634 | |
| MODERNA, INC. (2) | | | 454 | | | | 78,206 | |
| NATIONAL HEALTHCARE CP | | | 7 | | | | 492 | |
| ONCOCYTE CORPORATION (2) | | | 195 | | | | 291 | |
| PALATIN TECHNOLOGIES INC NEW (2) | | | 859 | | | | 395 | |
| PFIZER INC | | | 1,687 | | | | 87,336 | |
| PREMIER INC. (A) | | | 7 | | | | 249 | |
| REGENERON PHARMACEUTICALS INC (2) | | | 38 | | | | 26,540 | |
| SESEN BIO INC (2) | | | 435 | | | | 262 | |
| STAAR SURGICAL CO (2) | | | 23 | | | | 1,838 | |
| THERMO FISHER SCIENTIFIC INC | | | 126 | | | | 74,422 | |
| UNITEDHEALTH GROUP INC (DEL) | | | 772 | | | | 393,697 | |
| VIATRIS INC. | | | 1,834 | | | | 19,954 | |
| WEST PHARMACEUTICAL SVCS INC | | | 229 | | | | 94,053 | |
| ZOETIS INC | | | 615 | | | | 115,983 | |
| | | | | | | | | |
| | | | | | | | 2,843,592 | |
| Industrials - 1.0% | | | | | | |
| ArcBest Corporation | | | 64 | | | | 5,152 | |
| AZZ INC | | | 108 | | | | 5,210 | |
| BOISE CASCADE COMPANY | | | 479 | | | | 33,276 | |
| BUILDERS FIRSTSOURCE INC (2) | | | 2,414 | | | | 155,800 | |
| COPART INC (2) | | | 192 | | | | 24,090 | |
| Covenant Logistics Group, Inc | | | 48 | | | | 1,033 | |
| EMCOR GROUP INC | | | 371 | | | | 41,786 | |
| ENCORE WIRE CORP | | | 19 | | | | 2,167 | |
| GENERAL DYNAMICS CORP | | | 977 | | | | 235,633 | |
| HILLENBRAND, INC | | | 328 | | | | 14,488 | |
| KARAT PACKAGING INC. (2) | | | 29 | | | | 576 | |
| LOCKHEED MARTIN CORP | | | 413 | | | | 182,298 | |
| MATSON INC | | | 43 | | | | 5,187 | |
| MILLER INDUSTRIES INC NEW | | | 30 | | | | 845 | |
| MUELLER INDS INC | | | 544 | | | | 29,468 | |
| NORDSON CORP | | | 89 | | | | 20,210 | |
| NORTHROP GRUMMAN CORP | | | 361 | | | | 161,446 | |
| NVENT ELECTRIC PLC | | | 356 | | | | 12,382 | |
| RAYTHEON TECHNOLOGIES CORPORATION | | | 1,630 | | | | 161,484 | |
| ROBERT HALF INTL INC | | | 39 | | | | 4,453 | |
| The Shyft Group, Inc. | | | 74 | | | | 2,672 | |
| UNITED PARCEL SERVICE INC | | | 703 | | | | 150,765 | |
| VECTRUS INC (2) | | | 101 | | | | 3,622 | |
| | | | | | | | | |
| | | | | | | | 1,254,043 | |
| | | | | | | | | |
| Information Technology - 3.8% | | | | | | | | |
| A10 NETWORKS INC | | | 1,348 | | | | 18,805 | |
| ADVANCED MICRO DEVICES INC (2) | | | 1,240 | | | | 135,582 | |
| ALPHA AND OMEGA SEMICONDUCTOR LIMITED (2) | | | 1,799 | | | | 98,315 | |
| AMERICAN SOFTWARE INC | | | 149 | | | | 3,105 | |
| AMKOR TECHNOLOGY INC | | | 2,164 | | | | 47,002 | |
| APPLE INC | | | 6,551 | | | | 1,143,870 | |
| APPLIED MATERIALS INC | | | 1,050 | | | | 138,390 | |
| AXCELIS TECHNOLOGIES INC (2) | | | 155 | | | | 11,707 | |
| CDK GLOBAL INC | | | 1,070 | | | | 52,088 | |
| CISCO SYSTEMS INC | | | 800 | | | | 44,608 | |
| CONCENTRIX CORPORATION | | | 53 | | | | 8,828 | |
| DIODES INC (2) | | | 180 | | | | 15,658 | |
| EXTREME NETWORKS INC (2) | | | 153 | | | | 1,868 | |
| HP INC | | | 2,677 | | | | 97,175 | |
| INTEL CORP | | | 2,245 | | | | 111,262 | |
| INTUIT INC | | | 412 | | | | 198,106 | |
| JABIL INC | | | 1,801 | | | | 111,176 | |
| KLA Corporation | | | 102 | | | | 37,338 | |
| MANHATTAN ASSOCIATES INC (2) | | | 497 | | | | 68,939 | |
| MICRON TECH INC | | | 2,588 | | | | 201,579 | |
| MICROSOFT CORP | | | 4,758 | | | | 1,466,936 | |
| MONGODB INC (2) | | | 6 | | | | 2,662 | |
| NORTONLIFELOCK INC | | | 763 | | | | 20,235 | |
| NVIDIA CORP | | | 746 | | | | 203,554 | |
| ORACLE CORPORATION | | | 225 | | | | 18,614 | |
| PHOTRONICS INC (2) | | | 220 | | | | 3,733 | |
| PLANTRONICS INC (2) | | | 41 | | | | 1,615 | |
| QUALCOMM INC | | | 1,669 | | | | 255,057 | |
| RIMINI STREET CORP (2) | | | 170 | | | | 986 | |
| SANMINA CORPORATION (2) | | | 11 | | | | 445 | |
| SS & C TECHNOLOGIES HLDGS INC | | | 3,083 | | | | 231,287 | |
| STARTEK INC (2) | | | 239 | | | | 1,059 | |
| SYNOPSYS INC (2) | | | 108 | | | | 35,993 | |
| TESSCO TECHNOLOGIES (2) | | | 44 | | | | 266 | |
| TEXAS INSTRUMENTS INC | | | 684 | | | | 125,500 | |
| ULTRA CLEAN HOLDINGS, INC. (2) | | | 128 | | | | 5,426 | |
| | | | | | | | | |
| | | | | | | | 4,918,769 | |
| | | | | | | | | |
| Materials - 0.2% | | | | | | | | |
| ADVANSIX INC | | | 12 | | | | 613 | |
| ALCOA CORPORATION | | | 61 | | | | 5,492 | |
| CHEMOURS COMPANY | | | 122 | | | | 3,841 | |
| CLEVELAND-CLIFFS INC (2) | | | 267 | | | | 8,600 | |
| DOW INC | | | 507 | | | | 32,306 | |
| EAGLE MATERIALS INC | | | 2 | | | | 257 | |
| FREEPORT-MCMORAN INC | | | 1,129 | | | | 56,156 | |
| LOUISIANA PAC CORP | | | 333 | | | | 20,686 | |
| LYONDELLBASELL INDUSTRIES NV (A) | | | 305 | | | | 31,360 | |
| NEWMONT CORPORATION | | | 4 | | | | 318 | |
| NUCOR CORP | | | 236 | | | | 35,081 | |
| OLIN CORP | | | 146 | | | | 7,633 | |
| SCHNITZER STEEL INDUSTRIES | | | 52 | | | | 2,701 | |
| SOUTHERN COPPER CORP | | | 4 | | | | 304 | |
| STEEL DYNAMICS INC | | | 134 | | | | 11,180 | |
| UNITED STATES STEEL CORP | | | 248 | | | | 9,360 | |
| | | | | | | | | |
| | | | | | | | 225,888 | |
| | | | | | | | | |
| Real Estate Investment Trust - 0.0% | | | | | | | | | |
| ALTISOURCE PTF SOLU SA (2) | | | | | | | 195 | | | | 2,307 | |
| CORENERGY INFRASTRUCTURE TRUST INC REIT | | | | | | | 885 | | | | 2,717 | |
| RAFAEL HOLDINGS INC (2) | | | | | | | 125 | | | | 314 | |
| REDFIN CORPORATION (2) | | | | | | | 232 | | | | 4,185 | |
| SL GREEN REALTY CORP | | | | | | | 293 | | | | 23,786 | |
| Spirit MTA REIT Liquidating Trust (2)(7) | | | | | | | 477 | | | | 0 | |
| STRATUS PROPERTIES INC (2) | | | | | | | 33 | | | | 1,422 | |
| TRINITY PLACE HOLDINGS INC (2) | | | | | | | 366 | | | | 695 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | 35,426 | |
| | | | | | | | | | | | | |
| Utilities - 0.1% | | | | | | | | | | | | |
| CONSTELLATION ENERGY CORPORATION | | | | | | | 1,220 | | | | 68,625 | |
| UGI CORP NEW | | | | | | | 971 | | | | 35,170 | |
| | | | | | | | | | | | | |
| | | | | | | | | | | | 103,795 | |
| | | | | | | | | | | | | |
| Total Common Stocks (United States) | | | (Cost | | | $ | 11,132,109 | ) | | | 15,415,941 | |
| | | | | | | | | | | | | |
| Preferred Stock (United States) - 0.0% | | | | | | | | | | | | |
| | | | | | | | | | | | | |
| WESCO International, Inc. Series A Variable Preferred (8) | | | | | | | 153 | | | | 4,503 | |
| | | | | | | | | | | | | |
| Total Preferred Stock (United States) | | | (Cost | | | $ | 3,824 | ) | | | 4,503 | |
| | | | | | | | | | | | | |
| Warrants (United States) - 0.0% | | | | | | | | | | | | |
| | | | | | | | | | | | | |
| Civitas Solutions, Inc. A Warrants, Expiration Date 1/20/2025 (2)(7) | | | | | | | 3 | | | | 0 | |
| Civitas Solutions, Inc. B Warrants, Expiration Date 1/20/2026 (2)(7) | | | | | | | 1 | | | | 0 | |
| Hertz Global Holdings, Inc. Warrants, Expiration Date 6/30/2051 (2) | | | | | | | 21 | | | | 322 | |
| Nabors Industries, Ltd. Warrants, Expiration Date 6/11/2026 (2) | | | | | | | 6 | | | | 138 | |
| Oasis Petroleum, Inc. Warrants, Expiration Date 11/19/2024 (2)(7) | | | | | | | 1 | | | | 0 | |
| Whiting Petroleum Corp. A Warrants, Expiration Date 9/1/2024 (2) | | | | | | | 8 | | | | 164 | |
| Whiting Petroleum Corp. B Warrants, Expiration Date 9/1/2025 (2) | | | | | | | 2 | | | | 30 | |
| | | | | | | | | | | | | |
| Total Warrants (United States) | | | (Cost | | | $ | 374 | ) | | | 654 | |
| | | | | | | | | | | | | |
| Registered Investment Companies - 43.5% | | | | | | | | | | | | |
| | | | | | | | | | | | | |
| U.S. Fixed Income - 43.5% | | | | | | | | | | | | |
| Baird Core Plus Bond Fund - Class I | | | | | | | 415,692 | | | | 4,526,886 | |
| DoubleLine Total Return Bond Fund - Class I | | | | | | | 316,768 | | | | 3,110,658 | |
| Frost Total Return Bond Fund - Class I | | | | | | | 279,232 | | | | 2,795,109 | |
| Guggenheim Total Return Bond Fund - Class I | | | | | | | 49,428 | | | | 1,310,338 | |
| ISHARES CORE US AGGREGATE BOND ETF (9) | | | | | | | 153,443 | | | | 16,433,745 | |
| Lord Abbett High Yield Fund - Class I | | | | | | | 547,360 | | | | 4,559,505 | |
| PGIM Short-Term Corporate Bond Fund - Class Q | | | | | | | 342,523 | | | | 1,767,416 | |
| Pioneer Bond Fund - Class K | | | | | | | 289,914 | | | | 2,635,321 | |
| Segall Bryant & Hamill Plus Bond Fund - Class I | | | | | | | 314,485 | | | | 3,160,579 | |
| SPDR BLACKSTONE SENIOR LOAN ETF (3)(9) | | | | | | | 364,932 | | | | 16,407,343 | |
| | | | | | | | | | | | | |
| Total Registered Investment Companies | | | (Cost | | | $ | 57,927,235 | ) | | | 56,706,900 | |
| | | | | | | | | | | | | |
| Money Market Registered Investment Companies - 32.5% | | | | | | | | | | | | |
| | | | | | | | | | | | | |
| Meeder Institutional Prime Money Market Fund, 0.22% (5) | | | | | | | 29,399,442 | | | | 29,387,683 | |
| Morgan Stanley Government Institutional Fund, 0.23% (4) | | | | | | | 12,822,232 | | | | 12,822,232 | |
| | | | | | | | | | | | | |
| Total Money Market Registered Investment Companies | | | (Cost | | | $ | 42,208,435 | ) | | | 42,209,915 | |
| | | | | | | | | | | | | |
| U.S. Government Obligations - 20.9% | | | | | | | | | | | | |
| | | | | | | | | | | | | |
| U.S. Treasury Bill, 0.43%, 6/30/2022 | | | | | | | 27,150,000 | | | | 27,113,017 | |
| | | | | | | | | | | | | |
| Total U.S. Government Obligations | | | (Cost | | | $ | 27,121,445 | ) | | | 27,113,017 | |
| | | | | | | | | | | | | |
| Total Investments - 108.8% | | | (Cost | | | $ | 138,393,422 | ) | | | 141,450,930 | |
| | | | | | | | | | | | | |
| Liabilities less Other Assets - (8.8%) | | | | | | | | | | | (11,437,430 | ) |
| | | | | | | | | | | | | |
| Total Net Assets - 100.0% | | | | | | | | | | | 130,013,500 | |
| Trustee Deferred Compensation (6) | | | | | | | | | | | | |
| | | | | | | | | | | | | |
| Meeder Balanced Fund - Retail Class | | | | | | | 1,345 | | | | 17,243 | |
| Meeder Dynamic Allocation Fund - Retail Class | | | | | | | 3,625 | | | | 47,995 | |
| Meeder Muirfield Fund - Retail Class | | | | | | | 2,217 | | | | 20,108 | |
| Meeder Conservative Allocation Fund - Retail Class | | | | | | | 392 | | | | 8,910 | |
| | | | | | | | | | | | | |
| Total Trustee Deferred Compensation | | | (Cost | | | $ | 80,464 | ) | | | 94,256 | |
| | | | | | | | | | | | | |
| Futures Contracts | | | | | | | | | | | | |
| | | Long (Short) Contracts | | | Expiration Date | | Notional Value of Contracts ($) | | | Value and Unrealized Appreciation (Depreciation)($) | |
| Index Futures | | | | | | | | | | | | | | |
| E-mini Standard & Poors MidCap 400 Futures | | | 4 | | | 6/17/2022 | | | 1,075,680 | | | | (9,320 | ) |
| Mini MSCI EAFE Index Futures | | | 34 | | | 6/17/2022 | | | 3,645,480 | | | | 118,567 | |
| Mini MSCI Emerging Markets Index Futures | | | 11 | | | 6/17/2022 | | | 619,025 | | | | 30,505 | |
| Russell 2000 Mini Index Futures | | | 17 | | | 6/17/2022 | | | 1,756,440 | | | | 6,231 | |
| Standard & Poors 500 Mini Futures | | | 8 | | | 6/17/2022 | | | 1,812,300 | | | | (27,404 | ) |
| | | | | | | | | | | | | | | |
| Total Futures Contracts | | | 74 | | | | | | 8,908,925 | | | | 118,579 | |
| (1) | Statement on Financial Accounting Standard No. 157 "Fair Value Measurements" - Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in the three broad levels listed below. |
| • | Level 1 - quoted prices in active markets for identical securities |
| • | Level 2 - other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.) |
| • | Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments) |
The following is a summary of the inputs used as of March 31, 2022 in valuing the Fund's assets carried at fair value:
| Valuation Inputs | | Investments in Securities | | | Other Financial Instruments (10) | |
| Level 1 - Quoted Prices | | $ | 114,337,913 | | | $ | 118,579 | |
| Level 2 - Other Significant Observable Inputs | | | 27,113,017 | | | | - | |
| Level 3 - Significant Unobservable Inputs | | | - | | | | - | |
| Total | | $ | 141,450,930 | | | $ | 118,579 | |
The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. For example, short-term debt instruments and repurchase agreements with a maturity of less than 60 days are valued using amortized cost, in accordance with rules under the Investment Company Act of 1940. Generally, amortized cost approximates the current fair value of a security, but since the value is not obtained from a quoted price in an active market, such securities are reflected as Level 2.
| (2) | Represents non-income producing securities. |
| (3) | All or a portion of this security is on loan. |
| (4) | Investment purchased with cash received as securities lending collateral. The yield shown represents the 7-day yield in effect at March 31, 2022. |
| (5) | Investment in affiliate. The yield shown represents the 7-day yield in effect at March 31, 2022. |
| (6) | Assets of affiliates to the Conservative Allocation Fund held for the benefit of the Fund's Trustees in connection with the Trustees Deferred Compensation Plan. |
| (7) | Fair valued security deemed a Level 3 security. Security is not part of the investment strategy of the Fund. |
| (10) | Other financial instruments are derivative instruments not reflected in the Schedule of Investments, such as futures contracts, which are valued at the unrealized appreciation/depreciation on the instrument. |
