Schedule of Investments
September 30, 2023 (unaudited)
Conservative Allocation
Security Description | Shares or Principal Amount ($) | Fair Value ($)(@) | ||||||
Common Stocks (United States) - 18.5% | ||||||||
Communication Services - 2.0% | ||||||||
ALPHABET INC. (C) (1) | 6,422 | 846,741 | ||||||
CHARTER COMMUNICATIONS INC CL A (1) | 247 | 108,636 | ||||||
COMCAST CORP NEW CL A | 5,445 | 241,431 | ||||||
LIBERTY BROADBAND CORPORATION (C) (1) | 622 | 56,801 | ||||||
META PLATFORMS INC (1) | 1,264 | 379,465 | ||||||
PINTEREST INC (1) | 389 | 10,515 | ||||||
SHENANDOAH TELECOMMUN CO | 759 | 15,643 | ||||||
TELEPHONE & DATA SYS INC DEL NEW | 971 | 17,779 | ||||||
T-MOBILE US INC | 4,887 | 684,424 | ||||||
TRADE DESK, INC. (THE) (1) | 520 | 40,638 | ||||||
2,402,073 | ||||||||
Consumer Discretionary - 2.4% | ||||||||
AMAZON.COM INC (1) | 3,029 | 385,046 | ||||||
AUTOZONE INC (NEV) (1) | 1 | 2,540 | ||||||
CAVCO INDUSTIRES INC (1) | 3 | 797 | ||||||
CONTEXTLOGIC INC (1) | 1 | 4 | ||||||
DR HORTON INC | 2,127 | 228,589 | ||||||
ETHAN ALLEN INTERIORS INC | 331 | 9,897 | ||||||
GARMIN LIMITED | 6,331 | 666,021 | ||||||
HELEN OF TROY LTD (1) | 468 | 54,550 | ||||||
KB HOME | 1,138 | 52,667 | ||||||
LA Z BOY INC | 179 | 5,528 | ||||||
LEGGETT & PLATT INC | 6,995 | 177,743 | ||||||
LENNAR CORP | 4,488 | 503,688 | ||||||
MOHAWK INDS INC (1) | 1,395 | 119,705 | ||||||
NVR INC (1) | 27 | 161,009 | ||||||
PULTEGROUP INC | 1,329 | 98,412 | ||||||
QURATE RETAIL INC (A) (1) | 353 | 214 | ||||||
SKYLINE CHAMPION CORPORATION (1) | 726 | 46,261 | ||||||
TEMPUR SEALY INTERNATIONAL INC | 1,921 | 83,256 | ||||||
TESLA INC (1) | 431 | 107,845 | ||||||
TOLL BROS INC | 488 | 36,092 | ||||||
Town Sports International (1)(4) | 464 | 0 | ||||||
TUPPERWARE BRANDS CORP (1) | 164 | 230 | ||||||
WHIRLPOOL CORP | 1,387 | 185,442 | ||||||
2,925,536 |
Consumer Staples - 0.9% | ||||||||
COSTCO WHOLESALE CORP | 218 | 123,161 | ||||||
DOLLAR GENERAL CORP NEW | 53 | 5,607 | ||||||
KROGER CO | 97 | 4,341 | ||||||
SYSCO CORP | 696 | 45,971 | ||||||
TARGET CORPORATION | 58 | 6,413 | ||||||
WALMART INC | 5,130 | 820,441 | ||||||
1,005,934 | ||||||||
Energy - 1.8% | ||||||||
CHENIERE ENERGY INC | 6 | 996 | ||||||
CHEVRON CORP | 3,135 | 528,624 | ||||||
CHORD ENERGY CORPORATION | 11 | 1,783 | ||||||
CIVITAS RESOURCES INC | 406 | 32,833 | ||||||
COMSTOCK RESOURCES INC | 12 | 132 | ||||||
CONOCOPHILLIPS | 2,312 | 276,978 | ||||||
COTERRA ENERGY INC | 55 | 1,488 | ||||||
DEVON ENERGY CORP | 1,689 | 80,565 | ||||||
DIAMONDBACK ENERGY, INC | 453 | 70,161 | ||||||
EOG RESOURCES INC | 1,741 | 220,689 | ||||||
EXXON MOBIL CORP | 3,982 | 468,204 | ||||||
FLEX LNG LTD | 39 | 1,176 | ||||||
HF SINCLAIR CORPORATION | 73 | 4,156 | ||||||
MAGNOLIA OIL & GAS CORPORATION | 24 | 550 | ||||||
MARATHON OIL CORP | 19 | 508 | ||||||
MURPHY OIL CORP | 23 | 1,043 | ||||||
NOBLE CORPORATION PLC | 331 | 16,765 | ||||||
ONEOK INC NEW | 625 | 39,644 | ||||||
OVINTIV INC | 53 | 2,521 | ||||||
PBF ENERGY INC | 321 | 17,183 | ||||||
PHILLIPS 66 | 877 | 105,372 | ||||||
PIONEER NATURAL RESOURCES | 842 | 193,281 | ||||||
SM ENERGY CO | 80 | 3,172 | ||||||
TEEKAY CORPORATION (1) | 65 | 401 | ||||||
VALARIS LIMITED (1) | 81 | 6,073 | ||||||
VALERO ENERGY CORP | 327 | 46,339 | ||||||
Westmoreland Coal Co (1)(4) | 410 | 0 | ||||||
WILLIAMS COS INC | 454 | 15,295 | ||||||
WORLD KINECT CORPORATION | 33 | 740 | ||||||
2,136,672 | ||||||||
Financials - 1.5% | ||||||||
AFLAC INCORPORATED | 648 | 49,734 | ||||||
ALLSTATE CORPORATION | 383 | 42,670 | ||||||
AMERICAN INTL GROUP NEW | 417 | 25,270 | ||||||
AON PLC (IRELAND) | 360 | 116,719 | ||||||
ARGO GROUP INTERNATIONAL HOLDINGS LTD | 556 | 16,591 | ||||||
ARTHUR J GALLAGHER & CO | 494 | 112,597 | ||||||
ASSURANT INC | 319 | 45,802 | ||||||
AXIS CAPITAL HLDGS LTD | 2 | 113 | ||||||
Berkshire Hathaway Class B (1) | 640 | 224,192 | ||||||
BROWN & BROWN INC | 1,309 | 91,421 | ||||||
CHUBB LIMITED | 853 | 177,578 | ||||||
CINCINNATI FINL CORP | 334 | 34,165 | ||||||
FIRST AMERICAN FINANCIAL CORP | 233 | 13,162 | ||||||
HARTFORD FINL SVCS GRP INC | 177 | 12,551 | ||||||
MARSH & MCLENNAN COS INC | 2,772 | 527,512 | ||||||
MEDLEY MANAGEMENT INC (1) | 25 | 0 | ||||||
METLIFE INC | 286 | 17,992 | ||||||
OLD REPUBLIC INTERNATIONAL CORPORATION | 23 | 620 | ||||||
PAYPAL HOLDINGS INC (1) | 132 | 7,717 | ||||||
PROGRESSIVE CORP OH | 535 | 74,526 | ||||||
PRUDENTIAL FINANCIAL INC | 835 | 79,233 | ||||||
RAIT Financial Trust (1)(4) | 368 | 0 | ||||||
TRAVELERS COS INC (THE) | 788 | 128,688 | ||||||
W.R BERKLEY CORP | 283 | 17,968 | ||||||
1,816,821 | ||||||||
Healthcare - 1.6% | ||||||||
AMEDISYS INC (1) | 483 | 45,112 | ||||||
AMNEAL PHARMACEUTICALS INC (1) | 442 | 1,865 | ||||||
APOGEE THERAPEUTICS INC (1) | 634 | 13,504 | ||||||
ARVINAS INC (1) | 1,236 | 24,275 | ||||||
AVALO THERAPEUTICS, INC. (1) | 62 | 7 | ||||||
CARDINAL HEALTH INC | 228 | 19,795 | ||||||
CENCORA INC (1) | 335 | 60,290 | ||||||
CENTENE CORPORATION (1) | 1,858 | 127,979 | ||||||
CENTOGENE N.V. (1) | 138 | 146 | ||||||
CVS HEALTH CORP | 1,954 | 136,428 | ||||||
ELEVANCE HEALTH INC | 337 | 146,737 | ||||||
ELI LILLY & CO | 277 | 148,785 | ||||||
ELOXX PHARMACEUTICALS, INC (1) | 15 | 72 | ||||||
GENPREX, INC (1) | 271 | 107 | ||||||
HCA HEALTHCARE INC | 362 | 89,045 | ||||||
HENRY SCHEIN INC (1) | 335 | 24,874 | ||||||
HUMANA INC | 173 | 84,168 | ||||||
LAB CORP OF AMERICA NEW | 647 | 130,079 | ||||||
MCKESSON CORP | 229 | 99,581 | ||||||
MOLINA HEALTHCARE INC (1) | 322 | 105,581 | ||||||
ONCOCYTE CORPORATION (1) | 9 | 28 | ||||||
ORGANON & CO | 491 | 8,524 | ||||||
PALATIN TECHNOLOGIES INC NEW (1) | 34 | 51 | ||||||
PFIZER INC | 1,984 | 65,809 | ||||||
QUEST DIAGNOSTICS INC | 277 | 33,755 | ||||||
THE CIGNA GROUP | 357 | 102,127 | ||||||
UNITEDHEALTH GROUP INC (DEL) | 671 | 338,311 | ||||||
VIATRIS INC. | 1,051 | 10,363 | ||||||
1,817,398 | ||||||||
Industrials - 2.4% | ||||||||
3M COMPANY | 296 | 27,712 | ||||||
AECOM | 3,102 | 257,590 | ||||||
AIR LEASE CORP | 2,795 | 110,151 | ||||||
AMERESCO INC (1) | 117 | 4,512 | ||||||
APPLIED INDUSTRIAL TECH INC | 203 | 31,386 | ||||||
ARCOSA INC | 399 | 28,688 | ||||||
ARGAN INC | 14 | 637 | ||||||
BLUELINX HOLDINGS INC (1) | 22 | 1,806 | ||||||
BOISE CASCADE COMPANY | 47 | 4,843 | ||||||
BUILDERS FIRSTSOURCE INC (1) | 552 | 68,718 | ||||||
CARLISLE COMPANIES | 52 | 13,482 | ||||||
COMFORT SYSTEMS USA INC | 9 | 1,534 | ||||||
CORE & MAIN INC (1) | 1,664 | 48,006 | ||||||
DELTA AIR LINES INC. (NEW) | 1,467 | 54,279 | ||||||
DYCOM INDUSTRIES INC (1) | 1 | 89 | ||||||
EMCOR GROUP INC | 253 | 53,229 | ||||||
FASTENAL CO | 6,194 | 338,440 | ||||||
FERGUSON PLC | 1,416 | 232,890 | ||||||
FTAI AVIATION INC. | 1,200 | 42,660 | ||||||
GATX CORP | 343 | 37,329 | ||||||
GENCO SHIPPING & TRADING LTD | 7 | 98 | ||||||
GRAINGER W W INC | 324 | 224,156 | ||||||
GRANITE CONSTRUCTION INC | 763 | 29,009 | ||||||
HONEYWELL INTERNATIONAL INC | 947 | 174,949 | ||||||
JOHNSON CONTROLS INTERNATIONAL PLC | 1,040 | 55,338 | ||||||
KIRBY CORPORATION (1) | 1,084 | 89,755 | ||||||
MATSON INC | 125 | 11,090 | ||||||
MCGRATH RENT CORP | 568 | 56,936 | ||||||
MSC INDUSTRIAL DIRECT CO INC | 2,483 | 243,706 | ||||||
OWENS CORNING INC | 1,930 | 263,271 | ||||||
QUANTA SERVICES INC | 649 | 121,408 | ||||||
SITEONE LANDSCAPE SUPPLY INC (1) | 23 | 3,759 | ||||||
TRANE TECHNOLOGIES PLC | 440 | 89,280 | ||||||
UFP Industries, Inc. | 6 | 614 | ||||||
UNITED AIRLINES HOLDINGS INC (1) | 95 | 4,019 | ||||||
UNITED RENTALS INC | 29 | 12,893 | ||||||
VALMONT INDS INC | 3 | 721 | ||||||
VERITIV CORP | 144 | 24,322 | ||||||
WATSCO INC | 110 | 41,549 | ||||||
WillScot Mobile Mini Holdings Corp. (1) | 656 | 27,283 | ||||||
XOMETRY INC (1) | 288 | 4,890 | ||||||
2,837,027 |
Information Technology - 5.2% | ||||||||
ADVANCED MICRO DEVICES INC (1) | 1,139 | 117,112 | ||||||
ANALOG DEVICES INC | 2,706 | 473,794 | ||||||
APPLE INC | 5,611 | 960,659 | ||||||
APPLIED MATERIALS INC | 1,470 | 203,522 | ||||||
BROADCOM INC | 601 | 499,179 | ||||||
CIRRUS LOGIC INC (1) | 789 | 58,354 | ||||||
ENPHASE ENERGY INC (1) | 845 | 101,527 | ||||||
FIRST SOLAR INC (1) | 418 | 67,545 | ||||||
GLOBALFOUNDRIES INC. (1) | 11 | 640 | ||||||
IMPINJ INC (1) | 93 | 5,118 | ||||||
INTEL CORP | 4,269 | 151,763 | ||||||
KLA Corporation | 80 | 36,693 | ||||||
LAM RESEARCH CORP | 200 | 125,354 | ||||||
MARVELL TECHNOLOGY INC. | 160 | 8,661 | ||||||
MAXEON SOLAR TECHNOLOGIES, LTD (1) | 31 | 359 | ||||||
MICROCHIP TECH INC | 3,720 | 290,346 | ||||||
MICRON TECH INC | 1,286 | 87,487 | ||||||
MICROSOFT CORP | 1,525 | 481,514 | ||||||
MKS INSTRUMENTS INC | 475 | 41,107 | ||||||
NVIDIA CORP | 1,687 | 733,828 | ||||||
QORVO INC (1) | 847 | 80,863 | ||||||
QUALCOMM INC | 3,311 | 367,720 | ||||||
SKYWORKS SOLUTIONS INC | 2,449 | 241,447 | ||||||
TERADYNE INC | 1,047 | 105,182 | ||||||
TEXAS INSTRUMENTS INC | 4,890 | 777,559 | ||||||
WOLFSPEED INC (1) | 133 | 5,067 | ||||||
6,022,400 | ||||||||
Materials - 0.5% | ||||||||
EAGLE MATERIALS INC | 15 | 2,498 | ||||||
MARTIN MARIETTA MATL INC | 641 | 263,118 | ||||||
VULCAN MATERIALS CO | 1,837 | 371,111 | ||||||
636,727 | ||||||||
Real Estate Investment Trust - 0.0% | ||||||||
Spirit MTA REIT Liquidating Trust (1)(4) | 477 | 0 | ||||||
0 | ||||||||
Utilities - 0.2% | ||||||||
MDU RESOURCES GROUP INC | 10,701 | 209,526 | ||||||
209,526 | ||||||||
Total Common Stocks (United States) | (Cost | $ | 20,918,153 | ) | 21,810,114 | |||||||
Preferred Stock (United States) - 0.0% | ||||||||||||
WESCO International, Inc. Series A Variable Preferred, 9.7% | 153 | 4,041 | ||||||||||
Total Preferred Stock (United States) | (Cost | $ | 3,824 | ) | 4,041 |
Warrants (United States) - 0.0% | ||||||||||||
Civitas Solutions, Inc. A Warrants, Expiration Date 1/20/2025 (1)(4) | 4 | 0 | ||||||||||
Civitas Solutions, Inc. B Warrants, Expiration Date 1/20/2026 (1)(4) | 1 | 0 | ||||||||||
Hertz Global Holdings, Inc. Warrants, Expiration Date 6/30/2051 (1) | 21 | 129 | ||||||||||
Nabors Industries, Ltd. Warrants, Expiration Date 6/11/2026 (1) | 6 | 88 | ||||||||||
Oasis Petroleum, Inc. Warrants, Expiration Date 11/19/2024 (1)(4) | 1 | 0 | ||||||||||
Whiting Petroleum Corp. A Warrants, Expiration Date 9/1/2024 (1) | 8 | 220 | ||||||||||
Whiting Petroleum Corp. B Warrants, Expiration Date 9/1/2025 (1) | 2 | 36 | ||||||||||
Total Warrants (United States) | (Cost | $ | 374 | ) | 473 | |||||||
Registered Investment Companies - 41.8% | ||||||||||||
U.S. Fixed Income - 38.0% | ||||||||||||
Baird Core Plus Bond Fund - Class I | 262,753 | 2,522,427 | ||||||||||
BBH Limited Duration Fund - Class I | 130,804 | 1,322,424 | ||||||||||
Diamond Hill Short Duration Securitized Bond Fund - Class Y | 460,623 | 4,403,559 | ||||||||||
DoubleLine Total Return Bond Fund - Class I | 337,670 | 2,839,808 | ||||||||||
Frost Total Return Bond Fund - Class I | 191,165 | 1,760,630 | ||||||||||
iShares Core 1-5 Year USD Bond ETF (5) | 19,824 | 919,437 | ||||||||||
PGIM Short-Term Corporate Bond Fund - Class R6 | 413,506 | 4,209,489 | ||||||||||
Pioneer Bond Fund - Class K | 266 | 2,097 | ||||||||||
Segall Bryant & Hamill Plus Bond Fund - Class I | 341,615 | 3,013,045 | ||||||||||
SPDR Bloomberg High Yield Bond ETF (5) | 189,646 | 17,144,000 | ||||||||||
Xtrackers USD High Yield Corporate Bond ETF (5) | 199,979 | 6,779,288 | ||||||||||
44,916,204 | ||||||||||||
International Fixed Income - 3.8% | ||||||||||||
iShares JP Morgan USD Emerging Markets Bond ETF (5) | 54,524 | 4,499,320 | ||||||||||
4,499,320 | ||||||||||||
Total Registered Investment Companies | (Cost | $ | 50,866,465 | ) | 49,415,524 | |||||||
Money Market Registered Investment Companies - 39.6% | ||||||||||||
Meeder Institutional Prime Money Market Fund, 5.42% (2) | 46,739,767 | 46,744,441 | ||||||||||
Total Money Market Registered Investment Companies | (Cost | $ | 46,729,563 | ) | 46,744,441 | |||||||
Total Investments - 99.9% | (Cost | $ | 118,518,379 | ) | 117,974,593 | |||||||
Other Assets less Liabilities - 0.1% | 138,792 | |||||||||||
Total Net Assets - 100.0% | 118,113,385 | |||||||||||
Trustee Deferred Compensation (3) | ||||||||||||
Meeder Balanced Fund - Retail Class | 1,502 | 17,754 | ||||||||||
Meeder Dynamic Allocation Fund - Retail Class | 3,980 | 48,874 | ||||||||||
Meeder Muirfield Fund - Retail Class | 2,660 | 22,796 | ||||||||||
Meeder Conservative Allocation Fund - Retail Class | 438 | 9,132 | ||||||||||
Total Trustee Deferred Compensation | (Cost | $ | 91,200 | ) | 98,556 | |||||||
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 | (8 | ) | 12/15/2023 | (2,016,320 | ) | 32,143 | ||||||||
Mini MSCI EAFE Index Futures | 47 | 12/15/2023 | 4,797,525 | (153,864 | ) | |||||||||
Mini MSCI Emerging Markets Index Futures | 22 | 12/15/2023 | 1,051,050 | (34,454 | ) | |||||||||
Russell 2000 Mini Index Futures | 28 | 12/15/2023 | 2,518,040 | (103,457 | ) | |||||||||
Standard & Poors 500 Mini Futures | 17 | 12/15/2023 | 3,676,675 | (122,916 | ) | |||||||||
Total Futures Contracts | 106 | 10,026,970 | (382,547 | ) |
(@) | 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 September 30, 2023 in valuing the Fund's assets carried at fair value:
Valuation Inputs | Investments in Securities | Other Financial Instruments (6) | ||||||
Level 1 - Quoted Prices | $ | 117,974,593 | $ | (382,547 | ) | |||
Level 2 - Other Significant Observable Inputs | - | - | ||||||
Level 3 - Significant Unobservable Inputs | - | - | ||||||
Total | $ | 117,974,593 | $ | (382,547 | ) |
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.
(1) | Represents non-income producing securities. |
(2) | Investment in affiliate. The yield shown represents the 7-day yield in effect at September 30, 2023. |
(3) | 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. |
(4) | Fair valued security deemed a Level 3 security. Security is not part of the investment strategy of the Fund. |
(5) | Exchange-traded fund. |
(6) | 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. |