Guggenheim Macro Opportunities Fund NPORTP Guggenheim Floating Rate Strategies Fund (Dec 2024 report)

Active INvestment Series (GAINS) - Core Plus Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Shares		Value
PREFERRED STOCKS^†† - 0.5%
Energy - 0.5%
Venture Global LNG, Inc.
9.00%¹		70,000	$	73,188
Total Preferred Stocks
(Cost $70,000)				73,188
MONEY MARKET FUNDS^,† - 4.2%*
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 4.33%²		350,600		350,600
Dreyfus Treasury Obligations Cash Management Fund — Institutional Shares, 4.34%²		210,143		210,143
Total Money Market Funds
(Cost $560,743)				560,743

		Face Amount
ASSET-BACKED SECURITIES^†† - 59.4%
Collateralized Loan Obligations - 34.1%
Owl Rock CLO X LLC
2023-10A A, 7.07% (3 Month Term SOFR + 2.45%, Rate Floor: 2.45%) due 04/20/35^◊,1	$	1,850,000		1,856,430
Owl Rock CLO IX LLC
2024-9A BR, 6.37% (3 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 11/22/37^◊,1		250,000		254,137
Ares Direct Lending CLO 3 LLC
2024-3A B, 6.29% (3 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 01/20/37^◊,1		250,000		253,834
Wellfleet CLO Ltd.
2024-2A BR, 6.48% (3 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 10/18/37^◊,1		250,000		251,706
Neuberger Berman Loan Advisers Clo 58 Ltd.
2024-58A B, 6.21% (3 Month Term SOFR + 1.65%, Rate Floor: 1.65%) due 10/18/38^◊,1		250,000		251,217
Fortress Credit BSL XVI Ltd.
2024-3A BR, 6.47% (3 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 10/20/35^◊,1		250,000		250,890
Fortress Credit Opportunities XXV CLO LLC
2024-25A A1T, 5.99% (3 Month Term SOFR + 1.59%, Rate Floor: 1.59%) due 01/15/37^◊,1		250,000		250,000
Cerberus Loan Funding XLVIII LLC
2024-4A AN, 6.10% (3 Month Term SOFR + 1.65%, Rate Floor: 1.65%) due 10/15/36^◊,1		100,000		100,750
2024-4A C, 6.75% (3 Month Term SOFR + 2.30%, Rate Floor: 2.30%) due 10/15/36^◊,1		100,000		100,468
Ares Direct Lending CLO 2 LLC
2024-2A B, 6.50% (3 Month Term SOFR + 1.90%, Rate Floor: 1.90%) due 10/20/36^◊,1		100,000		101,691
Owl Rock CLO XIX LLC
2024-19A B, 6.52% (3 Month Term SOFR + 1.90%, Rate Floor: 1.90%) due 10/22/37^◊,1		100,000		101,690
Barings CLO Limited 2022-III
2024-3A BR, 6.39% (3 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 10/20/37^◊,1		100,000		100,858
ABPCI Direct Lending Fund CLO V Ltd.
2024-5A A1RR, 6.82% (3 Month Term SOFR + 2.20%, Rate Floor: 2.20%) due 01/20/36^◊,1		100,000		100,610
Owl Rock CLO XIII LLC
2023-13A A, 6.90% (3 Month Term SOFR + 2.55%, Rate Floor: 2.55%) due 09/20/35^◊,1		100,000		100,601
BDS LLC
2024-FL13 AS, 6.36% (1 Month Term SOFR + 1.99%, Rate Floor: 1.99%) due 09/19/39^◊,1		100,000		100,229
BCRED MML CLO 2022-1 LLC
2022-1A A1, 6.27% (3 Month Term SOFR + 1.65%, Rate Floor: 1.65%) due 04/20/35^◊,1		100,000		100,050
BSPRT Issuer LLC
2024-FL11 B, 6.69% (1 Month Term SOFR + 2.29%, Rate Floor: 2.29%) due 07/15/39^◊,1		100,000		99,897
FS Rialto Issuer LLC
2024-FL9 B, 6.66% (1 Month Term SOFR + 2.30%, Rate Floor: 2.30%) due 10/19/39^◊,1		100,000		99,753

Active INvestment Series (GAINS) - Core Plus Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
ASSET-BACKED SECURITIES^†† - 59.4% (continued)
Collateralized Loan Obligations - 34.1% (continued)
Golub Capital Partners CLO 36M Ltd.
2018-36A A, 6.12% (3 Month Term SOFR + 1.56%, Rate Floor: 0.00%) due 02/05/31^◊,1	$	70,317	$	70,421
HERA Commercial Mortgage Ltd.
2021-FL1 A, 5.54% (1 Month Term SOFR + 1.16%, Rate Floor: 1.05%) due 02/18/38^◊,1		36,641		36,466
Total Collateralized Loan Obligations				4,581,698
Transport-Aircraft - 12.1%
Slam Ltd.
2024-1A, 5.34% due 09/15/49¹		984,158		964,841
AASET Ltd.
2024-2A, 5.93% due 09/16/49¹		245,691		244,221
Navigator Aviation Ltd.
2024-1, 5.40% due 08/15/49¹		244,048		238,218
Lunar Structured Aircraft Portfolio Notes
2021-1, 2.64% due 10/15/46¹		186,128		170,013
Total Transport-Aircraft				1,617,293
Whole Business - 4.0%
Five Guys Holdings, Inc.
2023-1A, 7.55% due 01/26/54¹		100,000		103,393
Wingstop Funding LLC
2024-1A, 5.86% due 12/05/54¹		100,000		100,205
SERVPRO Master Issuer LLC
2024-1A, 6.17% due 01/25/54¹		99,250		99,555
Applebee's Funding LLC / IHOP Funding LLC
2019-1A, 4.72% due 06/05/49¹		99,000		97,259
Arbys Funding LLC
2020-1A, 3.24% due 07/30/50¹		95,750		90,915
Subway Funding LLC
2024-3A, 5.91% due 07/30/54¹		50,000		48,818
Total Whole Business				540,145
Unsecured Consumer Loans - 2.2%
GreenSky Home Improvement Issuer Trust
2024-2, 5.26% due 10/27/59¹		100,000		99,694
Foundation Finance Trust
2024-2A, 4.93% due 03/15/50¹		100,000		98,537
Stream Innovations Issuer Trust
2024-2A, 5.21% due 02/15/45¹		92,069		91,756
Total Unsecured Consumer Loans				289,987
Infrastructure - 1.8%
Blue Stream Issuer LLC
2024-1A, 5.41% due 11/20/54¹		100,000		100,161
Vantage Data Centers Issuer LLC
2024-1A, 5.10% due 09/15/54¹		100,000		98,140
SBA Tower Trust
4.83% due 10/15/29¹		50,000		48,840
Total Infrastructure				247,141
Financial - 1.7%
Station Place Securitization Trust
2024-SP4, 5.70% (1 Month Term SOFR + 1.30%, Rate Floor: 1.30%) due 11/17/25^{◊,†††,1}		75,000		75,000
2024-SP3, 5.70% (1 Month Term SOFR + 1.30%, Rate Floor: 1.30%) due 11/17/25^{◊,†††,1}		50,000		50,000
Ceamer Finance LLC
6.79% due 11/15/39^†††		100,000		100,000
Total Financial				225,000
Net Lease - 1.4%
Tenet Equity Funding LLC
2024-1A, 5.49% due 10/20/54¹		99,960		98,417
Capital Automotive REIT
2024-3A, 4.55% due 10/15/54¹		99,688		93,114
Total Net Lease				191,531
Single Family Residence - 1.4%
Tricon Residential Trust
2024-SFR4, 4.65% due 11/17/41¹		100,000		96,300
Invitation Homes Trust
2024-SFR1, 4.00% due 09/17/41¹		100,000		93,565
Total Single Family Residence				189,865
Consumer, Non-cyclical - 0.7%
IP Lending X Ltd.
2023-10A, 7.75% due 07/02/29^†††,1		100,000		100,000
Total Asset-Backed Securities
(Cost $7,992,063)				7,982,660

Active INvestment Series (GAINS) - Core Plus Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 19.4%
Residential Mortgage-Backed Securities - 18.8%
OBX Trust
2024-NQM15, 5.72% due 10/25/64^1,3	$	97,774	$	97,239
2024-NQM16, 5.73% due 10/25/64³		97,463		97,151
2024-NQM13, 5.37% due 06/25/64^1,3		94,726		93,898
2024-NQM12, 5.83% due 07/25/64³		93,141		92,920
PRPM LLC
2024-5, 5.69% due 09/25/29^1,3		140,870		140,335
2024-6, 5.70% due 11/25/29^1,3		97,468		97,478
FIGRE Trust
2024-HE5, 5.44% (WAC) due 10/25/54^◊,1		143,682		142,706
2024-HE4, 5.06% (WAC) due 09/25/54^◊,1		95,022		93,259
Mill City Securities Ltd.
2024-RS2, 3.00% due 08/01/69^1,3		100,000		92,409
2024-RS1, 3.00% due 11/01/69^1,3		98,512		89,695
Towd Point Mortgage Trust
2024-4, 4.38% (WAC) due 10/27/64^◊,1		97,546		94,735
2023-CES2, 7.29% (WAC) due 10/25/63^◊,1		76,093		77,470
NYMT Loan Trust
2021-SP1, 4.67% due 08/25/61^1,3		160,235		159,096
JP Morgan Mortgage Trust
2024-NQM1, 5.95% due 02/25/64^1,3		150,000		150,139
LHOME Mortgage Trust
2024-RTL5, 5.32% due 09/25/39^1,3		100,000		99,039
Finance of America HECM Buyout
2024-HB1, 5.00% (WAC) due 10/01/34^◊,1		100,000		98,202
Mill City Mortgage Loan Trust
2021-NMR1, 2.50% (WAC) due 11/25/60^◊,1		120,000		97,872
Cross Mortgage Trust
2024-H7, 5.97% due 11/25/69^1,3		98,159		97,564
HOMES Trust
2024-AFC2, 5.98% (WAC) due 10/25/59^◊,1		97,374		97,166
BRAVO
2024-NQM6, 5.66% due 08/01/64^1,3		96,773		96,348
ATLX Trust
2024-RPL1, 3.85% due 04/25/64^1,3		96,887		92,425
BRAVO Residential Funding Trust
2022-R1, 3.13% due 01/29/70^1,3		92,769		92,090
New Residential Mortgage Loan Trust
2024-NQM2, 5.42% due 09/25/64¹		90,883		89,829
Citigroup Mortgage Loan Trust, Inc.
2022-A, 6.17% due 09/25/62^1,3		81,194		81,209
Verus Securitization Trust 2023-3
2023-3, 6.74% due 03/25/68^1,3		67,107		67,565
Total Residential Mortgage-Backed Securities				2,527,839
Military Housing - 0.4%
Freddie Mac Military Housing Bonds Resecuritization Trust Certificates
2015-R1, 0.70% (WAC) due 10/25/52^◊,1,4		913,759		46,777
Commercial Mortgage-Backed Securities - 0.2%
BXHPP Trust
2021-FILM, 5.61% (1 Month Term SOFR + 1.21%, Rate Floor: 1.10%) due 08/15/36^◊,1		25,000		23,452
Total Collateralized Mortgage Obligations
(Cost $2,620,781)				2,598,068

SENIOR FLOATING RATE INTERESTS^††,◊ - 7.7%
Consumer, Cyclical - 2.3%
Pacific Bells LLC
due 11/10/28		100,000		99,950
Caesars Entertainment, Inc.
due 02/06/30		98,503		98,462
Belron Finance US, LLC
7.27% (3 Month Term SOFR + 2.75%, Rate Floor: 3.25%) due 10/16/31		59,850		60,336
PCI Gaming Authority, Inc.
6.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 07/18/31		29,850		29,763
Truck Hero, Inc.
7.97% (1 Month Term SOFR + 3.50%, Rate Floor: 4.25%) due 01/31/28		9,948		9,630

Active INvestment Series (GAINS) - Core Plus Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 7.7% (continued)
Consumer, Cyclical - 2.3% (continued)
Crash Champions Inc.
9.27% (3 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 02/23/29	$	9,962	$	9,411
Total Consumer, Cyclical				307,552
Industrial - 2.1%
Cognita Ltd.
8.82% (1 Month SOFR + 4.00%, Rate Floor: 4.50%) due 10/27/31^†††		50,000		50,500
Jefferies Finance LLC
due 10/09/31		50,000		50,250
StandardAero
6.61% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 10/31/31		50,000		50,187
United Airlines, Inc.
6.63% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 02/22/31		49,874		49,964
Artera Services LLC
8.83% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 02/15/31		29,850		29,543
Service Logic Acquisition, Inc.
8.09% (3 Month Term SOFR + 3.50%, Rate Floor: 4.25%) due 10/29/27		24,875		25,015
TransDigm, Inc.
6.83% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 01/19/32		24,938		24,976
Capstone Acquisition Holdings, Inc.
8.96% (1 Month Term SOFR + 4.50%, Rate Floor: 5.50%) due 11/12/29^†††		9,172		9,123
Total Industrial				289,558
Financial - 1.2%
Jefferies Finance LLC
7.36% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 10/21/31		50,000		50,156
CPI Holdco B, LLC
due 05/16/31		50,000		49,938
Alliant Holdings Intermediate LLC
7.11% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 09/19/31		24,938		24,976
Duff & Phelps
8.08% (3 Month Term SOFR + 3.75%, Rate Floor: 4.75%) due 04/09/27		24,870		24,279
Asurion LLC
8.61% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 09/19/30		19,950		19,879
Total Financial				169,228
Basic Materials - 0.7%
SCIH Salt Holdings, Inc.
7.57% (3 Month Term SOFR + 3.00%, Rate Floor: 3.75%) due 03/16/27		100,000		100,163
Energy - 0.4%
ITT Holdings LLC
7.11% (1 Month Term SOFR + 2.75%, Rate Floor: 3.25%) due 10/11/30		49,874		50,111
Communications - 0.4%
Speedster Bidco GMBH
due 10/17/31		50,000		50,084
Consumer, Non-cyclical - 0.3%
Froneri US, Inc.
due 09/30/31		25,000		25,005
HAH Group Holding Co. LLC
9.36% (1 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 09/24/31		10,000		9,987
Total Consumer, Non-cyclical				34,992
Utilities - 0.2%
Calpine Construction Finance Company, LP
6.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 07/31/30		25,000		24,923
Technology - 0.1%
DS Admiral Bidco LLC
8.61% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 06/26/31		9,975		9,651
Total Senior Floating Rate Interests
(Cost $1,032,926)				1,036,262

CORPORATE BONDS^†† - 4.8%
Financial - 1.3%
American National Group, Inc.
5.75% due 10/01/29		60,000		60,069
OneMain Finance Corp.
6.63% due 05/15/29		50,000		50,622
Focus Financial Partners LLC
6.75% due 09/15/31¹		25,000		24,901
Ryan Specialty LLC
5.88% due 08/01/32¹		25,000		24,736

Active INvestment Series (GAINS) - Core Plus Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
CORPORATE BONDS^†† - 4.8% (continued)
Financial - 1.3% (continued)
Farmers Insurance Exchange
7.00% due 10/15/64^1,5	$	20,000	$	20,620
Total Financial				180,948
Consumer, Non-cyclical - 1.3%
Health Care Service Corporation A Mutual Legal Reserve Co.
5.88% due 06/15/54¹		50,000		48,399
Performance Food Group, Inc.
6.13% due 09/15/32¹		25,000		24,999
Prime Security Services Borrower LLC / Prime Finance, Inc.
5.75% due 04/15/26¹		25,000		24,986
Williams Scotsman, Inc.
6.13% due 06/15/25¹		25,000		24,906
Graham Holdings Co.
5.75% due 06/01/26¹		25,000		24,892
AMN Healthcare, Inc.
4.63% due 10/01/27¹		25,000		23,752
Total Consumer, Non-cyclical				171,934
Consumer, Cyclical - 1.1%
AS Mileage Plan IP Ltd.
5.31% due 10/20/31¹		50,000		48,817
Six Flags Entertainment Corporation / Six Flags Theme Parks, Inc.
6.63% due 05/01/32¹		25,000		25,338
1011778 BC ULC / New Red Finance, Inc.
5.63% due 09/15/29¹		25,000		24,626
Hilton Domestic Operating Company, Inc.
5.88% due 03/15/33¹		25,000		24,599
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.
6.25% due 03/15/33¹		25,000		24,562
Total Consumer, Cyclical				147,942
Industrial - 0.5%
Boeing Co.
6.53% due 05/01/34		40,000		41,904
Atkore, Inc.
4.25% due 06/01/31¹		25,000		22,074
Total Industrial				63,978
Energy - 0.4%
Buckeye Partners, LP
4.13% due 03/01/25¹		25,000		24,933
Viper Energy, Inc.
5.38% due 11/01/27¹		25,000		24,652
Total Energy				49,585
Technology - 0.2%
ACI Worldwide, Inc.
5.75% due 08/15/26¹		25,000		24,955
Total Corporate Bonds
(Cost $646,461)				639,342

		Contracts/Notional Value
OTC OPTIONS PURCHASED^†† - 0.0%
Put Options on:
Foreign Exchange Options
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $161,584)	EUR	102,000		1,615
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $161,584)	EUR	102,000		1,615
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $112,475)	EUR	71,000		1,127
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $49,109)	EUR	31,000		492
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $47,525)	EUR	30,000		476
BNP Paribas Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $7,921)	EUR	5,000		80
Total Foreign Exchange Options				5,405
Total OTC Options Purchased
(Cost $4,701)				5,405

Active INvestment Series (GAINS) - Core Plus Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Contracts/Notional Value		Value
OTC INTEREST RATE SWAPTIONS PURCHASED^††,6 - 0.0%
Call Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 3.60% (Notional Value $250,480)	GBP	200,000	$	1,031
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 3.23% (Notional Value $250,480)	GBP	200,000		610
Total Interest Rate Call Swaptions				1,641
Put Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.48% (Notional Value $250,480)	GBP	200,000		995
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.85% (Notional Value $250,480)	GBP	200,000		589
Total Interest Rate Put Swaptions				1,584
Total OTC Interest Rate Swaptions Purchased
(Cost $4,272)				3,225
Total Investments - 96.0%
(Cost $12,931,947)			$	12,898,893

OTC INTEREST RATE SWAPTIONS WRITTEN^††,6 - (0.0)%
Call Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 2.73% (Notional Value $250,480)	GBP	200,000		(304	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 3.10% (Notional Value $250,480)	GBP	200,000		(511	)
Total Interest Rate Call Swaptions				(815	)
Put Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.60% (Notional Value $250,480)	GBP	200,000		(847	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.23% (Notional Value $250,480)	GBP	200,000		(1,413	)
Total Interest Rate Put Swaptions				(2,260	)
Total OTC Interest Rate Swaptions Written
(Premiums received $3,750)				(3,075	)
Other Assets & Liabilities, net - 4.0%				534,306
Total Net Assets - 100.0%			$	13,430,124

Centrally Cleared Interest Rate Swap Agreements^††

Counterparty	Exchange	Floating Rate Type	Floating Rate Index	Fixed Rate			Payment Frequency	Maturity Date	Notional Amount		Value			Upfront Premiums Paid		Unrealized Appreciation (Depreciation)^**
J.P. Morgan Securities LLC	CME	Pay	U.S. Secured Overnight Financing Rate		4.12	%	Annually	12/30/27	$	3,200,000	$	5,209		$	257	$	4,952
J.P. Morgan Securities LLC	CME	Pay	U.S. Secured Overnight Financing Rate		4.09	%	Annually	12/30/29		1,900,000		4,073			258		3,815
J.P. Morgan Securities LLC	CME	Pay	U.S. Secured Overnight Financing Rate		4.09	%	Annually	12/30/31		800,000		1,869			254		1,615
J.P. Morgan Securities LLC	CME	Pay	U.S. Secured Overnight Financing Rate		4.10	%	Annually	12/26/29		600,000		1,637			252		1,385
J.P. Morgan Securities LLC	CME	Pay	U.S. Secured Overnight Financing Rate		4.07	%	Annually	12/23/29		500,000		634			64		570
J.P. Morgan Securities LLC	CME	Pay	U.S. Secured Overnight Financing Rate		4.15	%	Annually	12/26/26		500,000		618			249		369
J.P. Morgan Securities LLC	CME	Pay	U.S. Secured Overnight Financing Rate		4.09	%	Annually	01/03/27		4,000,000		–			260		(260	)
J.P. Morgan Securities LLC	CME	Pay	U.S. Secured Overnight Financing Rate		3.91	%	Annually	12/23/54		50,000		(184	)		251		(435	)
											$	13,856		$	1,845	$	12,011

Active INvestment Series (GAINS) - Core Plus Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

Forward Foreign Currency Exchange Contracts^††

Counterparty

Currency

Type

Quantity

Contract Amount

Settlement Date

Unrealized Appreciation

Bank of America, N.A.

EUR

Sell

3,000

3,165 USD

02/27/25

Barclays Bank plc

EUR

Sell

2,000

2,108 USD

02/27/25

OTC Interest Rate Swaptions Purchased

Counterparty/Description	Floating Rate Type	Floating Rate Index	Payment Frequency	Fixed Rate		Expiration Date	Exercise Rate			Swaption Notional Amount		Swaption Value
Call
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		3.60%	10/31/25		3.60	%	$	250,480	$	1,031
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		3.23%	10/28/25		3.23	%		250,480		610
												$	1,641
Put
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		4.48%	10/28/25		4.48	%	$	250,480	$	995
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		4.85%	10/31/25		4.85	%		250,480		589
												$	1,584

OTC Interest Rate Swaptions Written

Counterparty/Description	Floating Rate Type	Floating Rate Index	Payment Frequency	Fixed Rate		Expiration Date	Exercise Rate			Swaption Notional Amount		Swaption Value
Call
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		2.73%	10/28/25		2.73	%	$	250,480	$	(304	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		3.10%	10/31/25		3.10	%		250,480		(511	)
												$	(815	)
Put
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		4.60%	10/31/25		4.60	%	$	250,480	$	(847	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		4.23%	10/28/25		4.23	%		250,480		(1,413	)
												$	(2,260	)

Active INvestment Series (GAINS) - Core Plus Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

^**	Includes cumulative appreciation (depreciation).
^***	A copy of each underlying unaffiliated fund's financial statements is available at the SEC's website at www.sec.gov.
^†	Value determined based on Level 1 inputs — See Note 3.
^††	Value determined based on Level 2 inputs unless otherwise noted — See Note 3.
^†††	Value determined based on Level 3 inputs — See Note 3.
^◊	Variable rate security. Rate indicated is the rate effective at December 31, 2024. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.
¹	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) securities is $10,850,592 (cost $10,886,391), or 80.8% of total net assets.
²	Rate indicated is the 7-day yield as of December 31, 2024.
³	Security is a step up/down bond. The coupon increases or decreases at regular intervals until the bond reaches full maturity. Rate indicated is the rate at December 31, 2024. See table below for additional step information for each security.
⁴	Security is an interest-only strip.
⁵	Security has a fixed rate coupon which will convert to a floating or variable rate coupon on a future date.
⁶	Swaptions — See additional disclosure in the swaptions table above for more information on swaptions.

CME — Chicago Mercantile Exchange

EUR — Euro

GBP — British Pound

plc — Public Limited Company

REIT — Real Estate Investment Trust

SOFR — Secured Overnight Financing Rate

WAC — Weighted Average Coupon

SONIA — Sterling Overnight Index Average

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2024 (See Note 3 in the Notes to Schedule of Investments):

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Preferred Stocks	$	—	$	73,188	$	—	$	73,188
Money Market Funds		560,743		—		—		560,743
Asset-Backed Securities		—		7,657,660		325,000		7,982,660
Collateralized Mortgage Obligations		—		2,598,068		—		2,598,068
Senior Floating Rate Interests		—		976,639		59,623		1,036,262
Corporate Bonds		—		639,342		—		639,342
Options Purchased		—		5,405		—		5,405
Interest Rate Swaptions Purchased		—		3,225		—		3,225
Interest Rate Swap Agreements**		—		12,706		—		12,706
Forward Foreign Currency Exchange Contracts**		—		80		—		80
Total Assets	$	560,743	$	11,966,313	$	384,623	$	12,911,679

Investments in Securities (Liabilities)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Interest Rate Swaptions Written	$	—	$	3,075	$	—	$	3,075
Interest Rate Swap Agreements**		—		695		—		695
Unfunded Loan Commitments (Note 5)		—		—		4		4
Total Liabilities	$	—	$	3,770	$	4	$	3,774

^**	This derivative is reported as unrealized appreciation/depreciation at period end.

Active INvestment Series (GAINS) - Core Plus Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount for financial statement purposes. As of the period end, reverse repurchase agreements of $93,204 are categorized as Level 2 within the disclosure hierarchy — See Note 2.

The following is a summary of significant unobservable inputs used in the fair valuation of assets and liabilities categorized within Level 3 of the fair value hierarchy:

Category	Ending Balance at December 31, 2024		Valuation Technique	Unobservable Inputs	Input Range		Weighted Average*
Assets:
Asset-Backed Securities	$	225,000	Third Party Pricing	Broker Quote		—		—
Asset-Backed Securities		100,000	Third Party Pricing	Trade Price		—		—
Senior Floating Rate Interests		50,500	Third Party Pricing	Broker Quote		—		—
Senior Floating Rate Interests		9,123	Model Price	Purchase Price		—		—
Total Assets	$	384,623
Liabilities:
Unfunded Loan Commitments	$	4	Model Price	Purchase Price		—		—

Inputs are weighted by the fair value of the instruments.

Significant changes in a quote would generally result in significant changes in the fair value of the security.

The Fund’s fair valuation leveling guidelines classify a single daily broker quote, or a vendor price based on a single daily or monthly broker quote, as Level 3, if such a quote or price cannot be supported with other available market information.

Summary of Fair Value Level 3 Activity

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value for the period ended December 31, 2024:

	Assets								Liabilities
		Corporate Bonds		Senior Floating Rate Interests			Total Assets			Unfunded Loan Commitments
Beginning Balance	$	-	$	9,143		$	9,143		$	(5	)
Purchases/(Receipts)		325,000		49,751			374,751			-
(Sales, maturities and paydowns)/Fundings		-		(23	)		(23	)		-
Amortization of premiums/discounts		-		9			9			-
Total realized gains (losses) included in earnings		-		-			-			-
Total change in unrealized appreciation (depreciation) included in earnings		-		743			743			1
Ending Balance	$	325,000	$	59,623		$	384,623		$	(4	)
Net change in unrealized appreciation (depreciation) for investments in Level 3 securities still held at December 31 , 2024	$	-	$	743		$	743		$	1

Step Coupon Bonds

The following table discloses additional information related to step coupon bonds held by the Fund. Certain securities are subject to multiple rate changes prior to maturity. For those securities, a range of rates and corresponding dates have been provided. Rates for all step coupon bonds held by the Fund are scheduled to increase, none are scheduled to decrease.

Name	Coupon Rate at Next Reset Date	Next Rate Reset Date	Future Reset Rate	Future Reset Date
ATLX Trust 2024-RPL1, 3.85% due 04/25/64	4.85%	08/01/28	—	—
BRAVO 2024-NQM6, 5.66% due 08/01/64	6.66%	08/01/28	—	—
BRAVO Residential Funding Trust 2022-R1, 3.13% due 01/29/70	6.13%	01/30/25	—	—
Citigroup Mortgage Loan Trust, Inc. 2022-A, 6.17% due 09/25/62	9.17%	09/25/25	10.17%	09/25/26
Cross Mortgage Trust 2024-H7, 5.97% due 11/25/69	6.97%	10/01/28	—	—
JP Morgan Mortgage Trust 2024-NQM1, 5.95% due 02/25/64	6.95%	12/01/28	—	—
LHOME Mortgage Trust 2024-RTL5, 5.32% due 09/25/39	6.32%	03/25/27	—	—
Mill City Securities Ltd. 2024-RS2, 3.00% due 08/01/69	6.00%	12/01/27	—	—
Mill City Securities Ltd. 2024-RS1, 3.00% due 11/01/69	6.00%	10/01/27	—	—
NYMT Loan Trust 2021-SP1, 4.67% due 08/25/61	5.67%	08/01/25	—	—
OBX Trust 2024-NQM15, 5.72% due 10/25/64	6.72%	10/01/28	—	—
OBX Trust 2024-NQM13, 5.37% due 06/25/64	6.37%	08/01/28	—	—
OBX Trust 2024-NQM12, 5.83% due 07/25/64	6.83%	08/01/28	—	—
OBX Trust 2024-NQM16, 5.73% due 10/25/64	6.73%	10/01/28	—	—
PRPM LLC 2024-5, 5.69% due 09/25/29	8.69%	09/25/27	9.69%	09/25/28
PRPM LLC 2024-6, 5.70% due 11/25/29	8.70%	11/25/27	9.70%	11/25/28
Verus Securitization Trust 2023-3 2023-3, 6.74% due 03/25/68	7.74%	04/01/27	—	—

Active INvestment Series (GAINS) - Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Shares		Value
MONEY MARKET FUNDS^,† - 52.5%*
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 4.33%¹		5,365,953	$	5,365,953
Dreyfus Treasury Obligations Cash Management Fund — Institutional Shares, 4.34%¹		707		707
Total Money Market Funds
(Cost $5,366,660)				5,366,660

		Face Amount
ASSET-BACKED SECURITIES^†† - 32.9%
Collateralized Loan Obligations - 19.2%
Owl Rock CLO X LLC
2023-10A A, 7.07% (3 Month Term SOFR + 2.45%, Rate Floor: 2.45%) due 04/20/35^◊,2		1,000,000		1,003,476
Fortress Credit Opportunities XXV CLO LLC
2024-25A A1T, 5.99% (3 Month Term SOFR + 1.59%, Rate Floor: 1.59%) due 01/15/37^◊,2		250,000		250,000
Ares Direct Lending CLO 2 LLC
2024-2A B, 6.50% (3 Month Term SOFR + 1.90%, Rate Floor: 1.90%) due 10/20/36^◊,2		100,000		101,691
Barings CLO Limited 2022-III
2024-3A BR, 6.39% (3 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 10/20/37^◊,2		100,000		100,858
ABPCI Direct Lending Fund CLO V Ltd.
2024-5A A1RR, 6.82% (3 Month Term SOFR + 2.20%, Rate Floor: 2.20%) due 01/20/36^◊,2		100,000		100,610
Owl Rock CLO XIII LLC
2023-13A A, 6.90% (3 Month Term SOFR + 2.55%, Rate Floor: 2.55%) due 09/20/35^◊,2		100,000		100,601
BDS LLC
2024-FL13 AS, 6.36% (1 Month Term SOFR + 1.99%, Rate Floor: 1.99%) due 09/19/39^◊,2		100,000		100,229
BCRED MML CLO 2022-1 LLC
2022-1A A1, 6.27% (3 Month Term SOFR + 1.65%, Rate Floor: 1.65%) due 04/20/35^◊,2		100,000		100,050
BSPRT Issuer LLC
2024-FL11 B, 6.69% (1 Month Term SOFR + 2.29%, Rate Floor: 2.29%) due 07/15/39^◊,2		100,000		99,897
Total Collateralized Loan Obligations				1,957,412
Transport-Aircraft - 7.0%
Slam Ltd.
2024-1A, 5.34% due 09/15/49²		492,079		482,420
Navigator Aviation Ltd.
2024-1, 5.40% due 08/15/49²		244,048		238,219
Total Transport-Aircraft				720,639
Whole Business - 4.3%
Five Guys Holdings, Inc.
2023-1A, 7.55% due 01/26/54²		100,000		103,393
SERVPRO Master Issuer LLC
2024-1A, 6.17% due 01/25/54²		99,250		99,555
Applebee's Funding LLC / IHOP Funding LLC
2019-1A, 4.72% due 06/05/49²		99,000		97,259
Arbys Funding LLC
2020-1A, 3.24% due 07/30/50²		95,750		90,915
Subway Funding LLC
2024-3A, 5.25% due 07/30/54²		50,000		48,688
Total Whole Business				439,810
Unsecured Consumer Loans - 1.0%
Foundation Finance Trust
2024-2A, 4.93% due 03/15/50²		100,000		98,537
Single Family Residence - 0.9%
Invitation Homes Trust
2024-SFR1, 4.00% due 09/17/41²		100,000		93,565
Infrastructure - 0.5%
SBA Tower Trust
4.83% due 10/15/29²		50,000		48,840
Total Asset-Backed Securities
(Cost $3,373,418)				3,358,803

COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 10.8%
Residential Mortgage-Backed Securities - 10.6%
OBX Trust
2024-NQM13, 5.37% due 06/25/64^2,3		94,726		93,898
2024-NQM12, 5.83% due 07/25/64³		93,141		92,920

Active INvestment Series (GAINS) - Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 10.8% (continued)
Residential Mortgage-Backed Securities - 10.6% (continued)
JP Morgan Mortgage Trust
2024-NQM1, 5.95% due 02/25/64^2,3		100,000	$	100,092
Mill City Mortgage Loan Trust
2021-NMR1, 2.50% (WAC) due 11/25/60^◊,2		120,000		97,872
BRAVO
2024-NQM6, 5.66% due 08/01/64^2,3		96,773		96,348
FIGRE Trust
2024-HE4, 5.06% (WAC) due 09/25/54^◊,2		95,022		93,259
ATLX Trust
2024-RPL1, 3.85% due 04/25/64^2,3		96,887		92,425
BRAVO Residential Funding Trust
2022-R1, 3.13% due 01/29/70^2,3		92,769		92,090
New Residential Mortgage Loan Trust
2024-NQM2, 5.42% due 09/25/64²		90,883		89,829
Mill City Securities Ltd.
2024-RS1, 3.00% due 11/01/69^2,3		98,512		89,695
Towd Point Mortgage Trust
2023-CES2, 7.29% (WAC) due 10/25/63^◊,2		76,093		77,471
NYMT Loan Trust
2021-SP1, 4.67% due 08/25/61^2,3		64,094		63,638
Total Residential Mortgage-Backed Securities				1,079,537
Commercial Mortgage-Backed Securities - 0.2%
BXHPP Trust
2021-FILM, 5.61% (1 Month Term SOFR + 1.21%, Rate Floor: 1.10%) due 08/15/36^◊,2		25,000		23,453
Total Collateralized Mortgage Obligations
(Cost $1,114,106)				1,102,990

CORPORATE BONDS^†† - 2.6%
Consumer, Non-cyclical - 1.0%
Prime Security Services Borrower LLC / Prime Finance, Inc.
5.75% due 04/15/26²		25,000		24,986
Williams Scotsman, Inc.
6.13% due 06/15/25²		25,000		24,906
Graham Holdings Co.
5.75% due 06/01/26²		25,000		24,892
AMN Healthcare, Inc.
4.63% due 10/01/27²		25,000		23,752
Total Consumer, Non-cyclical				98,536
Consumer, Cyclical - 0.5%
Six Flags Entertainment Corporation / Six Flags Theme Parks, Inc.
6.63% due 05/01/32²		25,000		25,338
1011778 BC ULC / New Red Finance, Inc.
5.63% due 09/15/29²		25,000		24,625
Total Consumer, Cyclical				49,963
Energy - 0.5%
Buckeye Partners, LP
4.13% due 03/01/25²		25,000		24,933
Viper Energy, Inc.
5.38% due 11/01/27²		25,000		24,652
Total Energy				49,585
Financial - 0.4%
American National Group, Inc.
5.75% due 10/01/29		30,000		30,035
Focus Financial Partners LLC
6.75% due 09/15/31²		10,000		9,960
Total Financial				39,995
Technology - 0.2%
ACI Worldwide, Inc.
5.75% due 08/15/26²		25,000		24,955
Total Corporate Bonds
(Cost $264,510)				263,034

SENIOR FLOATING RATE INTERESTS^††,◊ - 2.4%
Industrial - 0.8%
Service Logic Acquisition, Inc.
8.09% (3 Month Term SOFR + 3.50%, Rate Floor: 4.25%) due 10/29/27		24,875		25,015
TransDigm, Inc.
6.83% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 01/19/32		24,938		24,976
StandardAero
6.61% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 10/31/31		20,000		20,075
Capstone Acquisition Holdings, Inc.
8.96% (1 Month Term SOFR + 4.50%, Rate Floor: 5.50%) due 11/12/29^†††		9,172		9,123
Total Industrial				79,189
Financial - 0.7%
Ryan Specialty LLC
6.61% (1 Month Term SOFR + 2.25%, Rate Floor: 3.00%) due 09/15/31		25,000		25,063
Duff & Phelps
8.08% (3 Month Term SOFR + 3.75%, Rate Floor: 4.75%) due 04/09/27		24,870		24,279

Active INvestment Series (GAINS) - Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 2.4% (continued)
Financial - 0.7% (continued)
Citadel Securities, LP
6.33% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 10/31/31		20,000	$	20,045
Total Financial				69,387
Consumer, Cyclical - 0.4%
PCI Gaming Authority, Inc.
6.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 07/18/31		29,850		29,763
Truck Hero, Inc.
7.97% (1 Month Term SOFR + 3.50%, Rate Floor: 4.25%) due 01/31/28		9,948		9,630
Total Consumer, Cyclical				39,393
Consumer, Non-cyclical - 0.3%
Froneri US, Inc.
due 09/30/31		25,000		25,005
HAH Group Holding Co. LLC
9.36% (1 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 09/24/31		10,000		9,987
Total Consumer, Non-cyclical				34,992
Utilities - 0.2%
Calpine Construction Finance Company, LP
6.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 07/31/30		25,000		24,923
Total Senior Floating Rate Interests
(Cost $247,787)				247,884

		Contracts/Notional Value
OTC OPTIONS PURCHASED^†† - 0.0%
Foreign Exchange Options
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $45,941)	EUR	29,000		459
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $45,941)	EUR	29,000		459
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $52,277)	EUR	33,000		524
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $31,683)	EUR	20,000		318
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $14,257)	EUR	9,000		143
BNP Paribas Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $9,505)	EUR	6,000		95
Total Foreign Exchange Options				1,998
Total OTC Options Purchased
(Cost $1,708)				1,998

Active INvestment Series (GAINS) - Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Contracts/Notional Value		Value
OTC INTEREST RATE SWAPTIONS PURCHASED^††,4 - 0.0%
Call Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 3.60% (Notional Value $125,240)	GBP	100,000	$	516
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 3.23% (Notional Value $125,240)	GBP	100,000		305
Total Interest Rate Swaptions				821
Put Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.48% (Notional Value $125,240)	GBP	100,000		497
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.85% (Notional Value $125,240)	GBP	100,000		295
Total Interest Rate Swaptions				792
Total OTC Interest Rate Swaptions Purchased
(Cost $2,136)				1,613
Total Investments - 101.2%
(Cost $10,370,325)			$	10,342,982

OTC INTEREST RATE SWAPTIONS WRITTEN^††,4 - (0.0)%
Call Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 2.73% (Notional Value $125,240)	GBP	100,000		(152	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 3.10% (Notional Value $125,240)	GBP	100,000		(256	)
Total Interest Rate Call Swaptions				(408	)
Put Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.60% (Notional Value $125,240)	GBP	100,000		(423	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.23% (Notional Value $125,240)	GBP	100,000		(707	)
Total Interest Rate Put Swaptions				(1,130	)
Total OTC Interest Rate Swaptions Written
(Premiums received $1,875)				(1,538	)
Other Assets & Liabilities, net - (1.2)%				(122,654	)
Total Net Assets - 100.0%			$	10,220,328

Centrally Cleared Interest Rate Swap Agreements^††

Counterparty	Exchange	Floating Rate Type	Floating Rate Index	Fixed Rate			Payment Frequency	Maturity Date	Notional Amount		Value			Upfront Premiums Paid		Unrealized Appreciation (Depreciation)^**
J.P. Morgan Securities LLC	CME	Pay	U.S. Secured Overnight Financing Rate		4.13	%	Annually	12/23/26	$	1,000,000	$	725		$	249	$	476
J.P. Morgan Securities LLC	CME	Receive	U.S. Secured Overnight Financing Rate		4.11	%	Annually	12/23/39		90,000		91			251		(160	)
J.P. Morgan Securities LLC	CME	Pay	U.S. Secured Overnight Financing Rate		4.09	%	Annually	01/03/27		950,000		–			252		(252	)
J.P. Morgan Securities LLC	CME	Receive	U.S. Secured Overnight Financing Rate		4.07	%	Annually	12/23/31		600,000		(531	)		253		(784	)
J.P. Morgan Securities LLC	CME	Receive	U.S. Secured Overnight Financing Rate		4.08	%	Annually	12/23/29		670,000		(1,122	)		252		(1,374	)
											$	(837	)	$	1,257	$	(2,094	)

Active INvestment Series (GAINS) - Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

Forward Foreign Currency Exchange Contracts^††

Counterparty

Currency

Type

Quantity

Contract Amount

Settlement Date

Unrealized Appreciation

Barclays Bank plc

EUR

Sell

2,000

2,108 USD

02/27/25

Bank of America, N.A.

EUR

Sell

1,000

1,055 USD

02/27/25

OTC Interest Rate Swaptions Purchased

Counterparty/Description	Floating Rate Type	Floating Rate Index	Payment Frequency	Fixed Rate		Expiration Date	Exercise Rate			Swaption Notional Amount		Swaption Value
Call
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		3.60%	10/31/25		3.60	%	$	125,240	$	516
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		3.23%	10/28/25		3.23	%		125,240		305
												$	821
Put
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		4.48%	10/28/25		4.48	%		125,240	$	497
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		4.85%	10/31/25		4.85	%		125,240		295
												$	792

OTC Interest Rate Swaptions Written

Counterparty/Description	Floating Rate Type	Floating Rate Index	Payment Frequency	Fixed Rate		Expiration Date	Exercise Rate			Swaption Notional Amount		Swaption Value
Call
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		2.73%	10/28/25		2.73	%	$	125,240	$	(152	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		3.10%	10/31/25		3.10	%		125,240		(256	)
												$	(408	)
Put
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		4.60%	10/31/25		4.60	%	$	125,240	$	(423	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		4.23%	10/28/25		4.23	%		125,240		(707	)
												$	(1,130	)

^**	Includes cumulative appreciation (depreciation).
^***	A copy of each underlying unaffiliated fund's financial statements is available at the SEC's website at www.sec.gov.
^†	Value determined based on Level 1 inputs — See Note 3.
^††	Value determined based on Level 2 inputs, unless otherwise noted — See Note 3.
^†††	Value determined based on Level 3 inputs — See Note 3.
^◊	Variable rate security. Rate indicated is the rate effective at December 31, 2024. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.
¹	Rate indicated is the 7-day yield as of December 31, 2024.
²	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) securities is $4,601,872 (cost $4,628,907), or 45.0% of total net assets.
³	Security is a step up/down bond. The coupon increases or decreases at regular intervals until the bond reaches full maturity. Rate indicated is the rate at December 31, 2024. See table below for additional step information for each security.
⁴	Swaptions — See additional disclosure in the swaptions table above for more information on swaptions.

Active INvestment Series (GAINS) - Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

CME — Chicago Mercantile Exchange

EUR — Euro

GBP — British Pound

plc — Public Limited Company

SOFR — Secured Overnight Financing Rate

WAC — Weighted Average Coupon

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2024 (See Note 3 in the Notes to Schedule of Investments):

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Money Market Funds	$	5,366,660	$	—	$	—	$	5,366,660
Asset-Backed Securities		—		3,358,803		—		3,358,803
Collateralized Mortgage Obligations		—		1,102,990		—		1,102,990
Corporate Bonds		—		263,034		—		263,034
Senior Floating Rate Interests		—		238,761		9,123		247,884
Options Purchased		—		1,998		—		1,998
Interest Rate Swaptions Purchased		—		1,613		—		1,613
Interest Rate Swap Agreements**		—		476		—		476
Forward Foreign Currency Exchange Contracts**		—		47		—		47
Total Assets	$	5,366,660	$	4,967,722	$	9,123	$	10,343,505

Investments in Securities (Liabilities)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Interest Rate Swaptions Written	$	—	$	1,538	$	—	$	1,538
Interest Rate Swap Agreements**		—		2,570		—		2,570
Unfunded Loan Commitments (Note 5)		—		—		4		4
Total Liabilities	$	—	$	4,108	$	4	$	4,112

^**	This derivative is reported as unrealized appreciation/depreciation at period end.

Step Coupon Bonds

Name	Coupon Rate at Next Reset Date	Next Rate Reset Date
ATLX Trust 2024-RPL1, 3.85% due 04/25/64	4.85%	08/01/28
BRAVO 2024-NQM6, 5.66% due 08/01/64	6.66%	08/01/28
BRAVO Residential Funding Trust 2022-R1, 3.13% due 01/29/70	6.13%	01/30/25
JP Morgan Mortgage Trust 2024-NQM1, 5.95% due 02/25/64	6.95%	12/01/28
Mill City Securities Ltd. 2024-RS1, 3.00% due 11/01/69	6.00%	10/01/27
NYMT Loan Trust 2021-SP1, 4.67% due 08/25/61	5.67%	08/01/25
OBX Trust 2024-NQM13, 5.37% due 06/25/64	6.37%	08/01/28
OBX Trust 2024-NQM12, 5.83% due 07/25/64	6.83%	08/01/28

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Shares		Value
COMMON STOCKS^† - 0.0%
Communications - 0.0%
Vacasa, Inc. — Class A^*		1,596	$	7,821
Financial - 0.0%
Pershing Square Tontine Holdings, Ltd. — Class A^{*,†††,1}		622,890		62
Industrial - 0.0%
Constar International Holdings LLC^*,†††		68		–
Total Common Stocks
(Cost $318,203)				7,883

PREFERRED STOCKS^†† - 1.6%
Financial - 1.5%
Charles Schwab Corp.
4.00%		8,500,000		7,338,059
Wells Fargo & Co.
3.90%		5,550,000		5,392,492
6.85%		850,000		877,328
State Street Corp.
6.70%		4,870,000		4,966,212
Bank of New York Mellon Corp.
3.75%		3,900,000		3,685,792
MetLife, Inc.
3.85%		3,520,000		3,455,831
JPMorgan Chase & Co.
3.65%		2,350,000		2,279,699
Markel Group, Inc.
6.00%		1,360,000		1,357,454
Kuvare US Holdings, Inc.
7.00% due 02/17/51²		1,000,000		1,001,250
Depository Trust & Clearing Corp.
3.38%²		1,000,000		944,745
CNO Financial Group, Inc.
5.13% due 11/25/60		47,725		912,502
Corebridge Financial, Inc.
6.38% due 12/15/64		3,405		86,793
First Republic Bank
4.25%^*		77,975		47
Total Financial				32,298,204
Government - 0.1%
CoBank ACB
7.13%		1,250,000		1,270,770
Industrial - 0.0%
Constar International Holdings LLC ^*,†††		7		–
Total Preferred Stocks
(Cost $37,086,851)				33,568,974

WARRANTS^† - 0.0%
Ginkgo Bioworks Holdings, Inc.
Expiring 09/16/26^*		6,510		58
Pershing Square SPARC Holdings, Ltd.
Expiring 12/31/49^{*,†††,1}		190,327		19
Pershing Square Tontine Holdings, Ltd.
Expiring 07/24/25^{*,†††,1}		69,210		7
Total Warrants
(Cost $15,075)				84

MONEY MARKET FUNDS^,† - 1.2%*
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 4.33%³		22,217,198		22,217,198
Dreyfus Treasury Obligations Cash Management Fund — Institutional Shares, 4.34%³		2,511,628		2,511,628
Total Money Market Funds
(Cost $24,728,826)				24,728,826

		Face Amount
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 32.8%
Government Agency - 22.9%
Uniform MBS 30 Year
due 03/01/25⁴		74,702,000		72,035,662
due 02/01/25⁴		55,802,000		53,836,430
due 03/01/25⁴		45,750,000		42,996,079
due 03/25/25⁴		42,250,000		35,835,985
due 02/01/25⁴		21,280,000		20,992,507
due 03/01/25⁴		18,405,000		14,979,977
due 02/01/25⁴		15,965,000		12,408,046
Fannie Mae
5.50% due 05/01/53		26,367,270		26,071,284
3.00% due 05/01/52		17,749,558		15,113,146
5.00% due 05/01/53		12,634,683		12,221,336
5.50% due 06/01/54		10,289,030		10,156,931
5.50% due 07/01/54		9,479,562		9,413,485
6.00% due 07/01/54		9,083,191		9,204,233
5.00% due 04/01/53		7,520,717		7,279,860
5.00% due 06/01/53		6,941,560		6,738,869
5.00% due 08/01/53		5,429,143		5,252,889
6.00% due 09/01/54		3,266,893		3,305,405
5.50% due 09/01/54		3,271,259		3,242,993
6.50% due 04/25/49		2,733,994		2,775,758
2.78% due 05/01/51		2,596,712		1,944,323
2.32% due 02/01/51		1,961,345		1,390,257
2.00% due 09/01/50		1,977,819		1,356,417
2.11% due 10/01/50		1,747,351		1,218,144
2.27% due 02/01/51		1,632,822		1,150,435
2.39% due 02/01/51		1,359,441		974,055
4.24% due 08/01/48		980,882		848,082
2.58% due 10/01/51		1,139,489		827,451
3.46% due 08/01/49		908,870		755,273
4.37% due 10/01/48		684,832		628,892
4.25% due 05/01/48		599,869		539,772
due 12/25/43⁵		609,459		444,274
Freddie Mac
6.00% due 08/01/54		18,753,359		19,006,832
5.50% due 09/01/53		14,529,068		14,510,654
5.50% due 06/01/53		11,801,275		11,681,246
5.50% due 06/01/54		11,432,487		11,285,708
5.50% due 10/01/54		9,832,080		9,705,845
5.00% due 04/01/53		7,513,745		7,270,203
5.00% due 03/01/53		4,080,168		3,949,272
6.00% due 09/01/54		2,033,433		2,058,577
5.50% due 09/01/54		2,031,200		2,016,708
1.98% due 05/01/50		1,306,240		883,016
Ginnie Mae
due 02/01/25⁴		18,906,548		18,350,166
6.00% due 06/20/47		658,374		660,475

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 32.8% (continued)
Government Agency - 22.9% (continued)
Freddie Mac Seasoned Credit Risk Transfer Trust
2.00% due 05/25/60		2,975,304	$	2,332,505
2.00% due 11/25/59		1,117,875		871,446
Fannie Mae-Aces
1.49% (WAC) due 03/25/35^◊,6		17,318,811		1,442,742
FARM Mortgage Trust
2.18% (WAC) due 01/25/51^◊,2		814,322		641,846
Total Government Agency				482,605,491
Residential Mortgage-Backed Securities - 7.3%
OBX Trust
2024-NQM15, 5.57% due 10/25/64^2,7		3,422,087		3,403,383
2023-NQM9, 7.66% due 10/25/63⁷		3,052,284		3,111,573
2024-NQM4, 6.22% due 01/25/64⁷		2,505,872		2,514,998
2024-NQM5, 6.29% due 01/25/64^2,7		1,423,934		1,431,450
2024-NQM6, 6.85% due 02/25/64^2,7		1,316,223		1,330,000
2024-NQM5, 5.99% due 01/25/64^2,7		1,220,515		1,226,709
2024-NQM6, 6.45% due 02/25/64^2,7		1,019,011		1,029,189
2024-NQM7, 6.60% due 03/25/64^2,7		854,995		862,441
2024-NQM7, 6.24% due 03/25/64^2,7		854,995		861,725
2024-NQM6, 6.70% due 02/25/64^2,7		849,176		856,597
2024-NQM8, 6.59% due 05/25/64^2,7		814,940		821,600
2024-NQM5, 6.39% due 01/25/64^2,7		813,676		817,582
2024-NQM3, 6.43% due 12/25/63⁷		798,496		804,575
2024-NQM3, 6.13% due 12/25/63^2,7		798,496		803,975
2024-NQM3, 6.33% due 12/25/63⁷		798,496		803,037
2022-NQM8, 6.10% due 09/25/62⁷		767,426		766,836
2024-NQM8, 6.23% due 05/25/64^2,7		686,265		692,144
2024-NQM7, 6.45% due 03/25/64^2,7		512,997		516,407
2022-NQM9, 6.45% due 09/25/62^2,7		511,393		513,835
2024-NQM2, 6.18% due 12/25/63⁷		411,400		412,758
FIGRE Trust
2024-HE2, 6.38% (WAC) due 05/25/54^◊,2		2,878,343		2,932,393
2024-HE1, 6.17% (WAC) due 03/25/54^◊,2		2,522,012		2,547,350
2024-HE6, 5.72% (WAC) due 12/25/54^◊,2		2,450,000		2,451,531
2024-HE5, 5.44% (WAC) due 10/25/54^◊,2		2,394,703		2,378,437
2024-HE4, 5.06% (WAC) due 09/25/54^◊,2		1,567,868		1,538,777
2024-HE3, 6.13% (WAC) due 07/25/54^◊,2		1,179,311		1,188,320
COLT Mortgage Loan Trust
2023-4, 7.62% due 10/25/68⁷		3,139,132		3,195,122
2021-2, 2.38% (WAC) due 08/25/66^◊		4,000,000		2,714,844
2023-3, 7.18% due 09/25/68^2,7		2,409,621		2,443,953
2024-1, 6.14% due 02/25/69⁷		1,137,024		1,137,602
2024-2, 6.13% due 04/25/69^2,7		917,735		922,680
2023-3, 7.58% due 09/25/68^2,7		777,297		791,557
2024-2, 6.43% due 04/25/69⁷		417,152		419,132
2024-2, 6.33% due 04/25/69⁷		417,152		418,971
JP Morgan Mortgage Trust
2021-12, 2.50% (WAC) due 02/25/52^◊,2		7,468,969		6,855,740
2021-13, 2.50% (WAC) due 04/25/52^◊,2		3,342,730		3,067,379
2024-NQM1, 5.85% due 02/25/64^2,7		2,000,000		2,002,005
Angel Oak Mortgage Trust
2024-2, 6.25% due 01/25/69^2,7		4,316,797		4,336,937
2024-4, 6.20% due 01/25/69^2,7		2,369,224		2,383,554
2024-3, 4.80% due 11/26/68⁷		1,804,434		1,761,153
2023-1, 4.75% due 09/26/67^2,7		1,341,254		1,308,050
2024-4, 6.50% due 01/25/69^2,7		719,229		722,943
2024-4, 6.40% due 01/25/69⁷		338,461		340,751
2020-1, 2.77% (WAC) due 12/25/59^◊,2		207,110		198,034
Verus Securitization Trust
2024-1, 6.12% due 01/25/69⁷		3,866,148		3,872,544
2024-9, 5.89% due 11/25/69^2,7		2,650,000		2,637,003
2023-2, 6.85% due 03/25/68⁷		1,377,245		1,387,376

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 32.8% (continued)
Residential Mortgage-Backed Securities - 7.3% (continued)
2023-7, 7.42% due 10/25/68^2,7		1,113,223	$	1,131,220
GCAT Trust
2022-NQM3, 4.35% (WAC) due 04/25/67^◊,2		2,929,308		2,697,258
2023-NQM3, 7.34% due 08/25/68⁷		1,520,571		1,543,208
2023-NQM3, 6.89% due 08/25/68^2,7		1,520,568		1,539,107
2024-NQM2, 6.54% due 06/25/59⁷		812,717		818,239
2024-NQM2, 6.09% due 06/25/59⁷		406,358		408,465
BRAVO Residential Funding Trust
2023-NQM2, 4.50% due 05/25/62⁷		1,700,451		1,657,894
2024-NQM3, 6.39% due 03/25/64⁷		1,420,061		1,428,200
2023-NQM8, 7.10% due 10/25/63^2,7		1,207,993		1,224,857
2021-HE1, 6.07% (30 Day Average SOFR + 1.50%, Rate Floor: 0.00%) due 01/25/70^◊,2		1,000,000		998,726
2024-CES1, 6.38% due 04/25/54^2,7		875,958		884,872
Vista Point Securitization Trust
2024-CES2, 5.25% due 10/25/54^2,7		3,146,770		3,111,251
2024-CES3, 5.68% due 01/25/55^2,7		2,650,000		2,654,142
Mill City Securities Ltd.
2024-RS1, 3.00% due 11/01/69^2,7		3,989,720		3,632,640
2024-RS2, 3.00% due 08/01/69^2,7		2,200,000		2,033,009
RCKT Mortgage Trust
2023-CES2, 6.81% (WAC) due 09/25/43^◊		2,939,190		2,976,948
2024-CES4, 6.15% due 06/25/44^2,7		2,551,004		2,570,544
Towd Point Mortgage Trust
2024-4, 4.38% (WAC) due 10/27/64^◊,2		2,975,142		2,889,431
2023-CES2, 7.29% (WAC) due 10/25/63^◊,2		1,597,950		1,626,877
2023-CES1, 6.75% (WAC) due 07/25/63^◊,2		653,655		660,161
Mill City Mortgage Loan Trust
2021-NMR1, 2.50% (WAC) due 11/25/60^◊,2		5,810,000		4,854,657
PRPM LLC
2021-RPL2, 2.93% (WAC) due 10/25/51^◊,2		2,472,000		2,099,217
2024-RPL2, 3.50% due 05/25/54²		1,956,134		1,871,905
2023-RCF1, 4.00% due 06/25/53⁷		792,689		774,183
GS Mortgage-Backed Securities Trust
2021-PJ10, 2.50% (WAC) due 03/25/52^◊,2		4,693,082		4,262,450
2020-NQM1, 1.79% (WAC) due 09/27/60^◊,2		141,987		132,646
New Residential Mortgage Loan Trust
2024-NQM2, 5.42% due 09/25/64²		1,635,888		1,616,930
2024-NQM2, 5.37% due 09/25/64²		1,635,888		1,616,900
2019-6A, 3.50% (WAC) due 09/25/59^◊,2		360,465		335,712
Cross Mortgage Trust
2024-H7, 5.59% (WAC) due 11/25/69^◊,2		3,190,181		3,185,159
LHOME Mortgage Trust
2024-RTL5, 5.32% due 09/25/39^2,7		2,200,000		2,178,851
CFMT LLC
2022-HB9, 3.25% (WAC) due 09/25/37^◊,2		2,043,535		2,000,814
Morgan Stanley Residential Mortgage Loan Trust
2024-NQM3, 5.35% due 07/25/69^2,7		956,425		948,877
2024-NQM3, 5.04% (WAC) due 07/25/69^◊,2		956,425		947,476
Saluda Grade Alternative Mortgage Trust
2023-FIG4, 6.72% (WAC) due 11/25/53^◊,2		1,518,656		1,551,854
Sequoia Mortgage Trust
2024-5, 6.00% (WAC) due 06/25/54^◊,2		1,472,107		1,477,162
Imperial Fund Mortgage Trust
2022-NQM2, 4.20% (WAC) due 03/25/67^◊,2		782,702		714,042
2022-NQM2, 4.02% (WAC) due 03/25/67^◊,2		782,702		709,309
SPS Servicer Advance Receivables Trust
2020-T2, 1.83% due 11/15/55²		1,250,000		1,214,742
Starwood Mortgage Residential Trust
2020-1, 2.41% (WAC) due 02/25/50^◊,2		632,763		601,511
2020-1, 2.56% (WAC) due 02/25/50^◊,2		632,763		601,046

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 32.8% (continued)
Residential Mortgage-Backed Securities - 7.3% (continued)
Ellington Financial Mortgage Trust
2024-CES1, 5.52% due 01/26/60^2,7		1,000,000	$	1,000,217
American Home Mortgage Investment Trust
2007-1, 2.08% due 05/25/47⁶		5,788,110		799,359
CSMC Trust
2018-RPL9, 3.85% (WAC) due 09/25/57^◊,2		595,182		581,056
2020-NQM1, 2.72% due 05/25/65²		161,784		148,871
MFRA Trust
2021-INV1, 2.29% (WAC) due 01/25/56^◊,2		700,000		634,754
Securitized Asset-Backed Receivables LLC Trust
2006-HE2, 4.75% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 07/25/36^◊		1,331,760		516,357
RALI Series Trust
2006-QO2, 4.89% (1 Month Term SOFR + 0.55%, Rate Floor: 0.44%) due 02/25/46^◊		1,487,218		257,208
Washington Mutual Mortgage Pass-Through Certificates WMALT Series Trust
2006-AR9, 5.67% (1 Year CMT Rate + 0.84%, Rate Floor: 0.84%) due 11/25/46^◊		216,160		176,102
MASTR Adjustable Rate Mortgages Trust
2003-5, 3.09% (WAC) due 11/25/33^◊		195,672		170,059
Residential Mortgage Loan Trust
2020-1, 2.68% (WAC) due 01/26/60^◊		55,052		53,953
Total Residential Mortgage-Backed Securities				154,055,380
Commercial Mortgage-Backed Securities - 2.0%
BX Commercial Mortgage Trust
2021-VOLT, 5.61% (1 Month Term SOFR + 1.21%, Rate Floor: 1.10%) due 09/15/36^◊,2		3,490,000		3,470,369
2021-VOLT, 6.51% (1 Month Term SOFR + 2.11%, Rate Floor: 2.00%) due 09/15/36^◊,2		3,450,000		3,441,375
2024-AIRC, 6.09% (1 Month Term SOFR + 1.69%, Rate Floor: 1.69%) due 08/15/39^◊,2		1,050,000		1,057,228
2024-AIRC, 6.54% (1 Month Term SOFR + 2.14%, Rate Floor: 2.14%) due 08/15/39^◊,2		1,000,000		1,004,375
GS Mortgage Securities Trust
2020-GSA2, 2.34% due 12/12/53		8,000,000		6,192,617
2020-GC45, 0.65% (WAC) due 02/13/53^◊,6		18,593,921		458,050
2019-GC42, 0.81% (WAC) due 09/10/52^◊,6		13,794,095		413,485
JP Morgan Chase Commercial Mortgage Securities Trust
2016-JP3, 3.42% (WAC) due 08/15/49^◊		4,000,000		3,435,808
2021-NYAH, 6.60% (1 Month Term SOFR + 2.20%, Rate Floor: 1.84%) due 06/15/38^◊,2		4,000,000		3,399,042
DBGS Mortgage Trust
2018-C1, 4.65% (WAC) due 10/15/51^◊		7,000,000		6,467,677
BX Trust
2024-VLT4, 6.54% (1 Month Term SOFR + 2.14%, Rate Floor: 2.14%) due 07/15/29^◊,2		1,700,000		1,705,313
2024-VLT4, 6.34% (1 Month Term SOFR + 1.94%, Rate Floor: 1.94%) due 07/15/29^◊,2		1,450,000		1,457,513
GS Mortgage Securities Corporation Trust
2020-UPTN, 3.25% (WAC) due 02/10/37^◊,2		1,000,000		997,471
2020-DUNE, 6.02% (1 Month Term SOFR + 1.61%, Rate Floor: 1.35%) due 12/15/36^◊,2		1,000,000		983,935
SMRT
2022-MINI, 6.35% (1 Month Term SOFR + 1.95%, Rate Floor: 1.95%) due 01/15/39^◊,2		2,000,000		1,970,000
Life Mortgage Trust
2021-BMR, 5.91% (1 Month Term SOFR + 1.51%, Rate Floor: 1.40%) due 03/15/38^◊,2		1,586,268		1,562,474

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 32.8% (continued)
Commercial Mortgage-Backed Securities - 2.0% (continued)
BMP Trust
2024-MF23, 6.04% (1 Month Term SOFR + 1.64%, Rate Floor: 1.64%) due 06/15/41^◊,2		1,000,000	$	1,001,562
Extended Stay America Trust
2021-ESH, 6.76% (1 Month Term SOFR + 2.36%, Rate Floor: 2.25%) due 07/15/38^◊,2		968,870		971,292
BENCHMARK Mortgage Trust
2019-B14, 0.75% (WAC) due 12/15/62^◊,6		18,146,166		419,215
2018-B6, 0.40% (WAC) due 10/10/51^◊,6		28,228,288		275,161
Citigroup Commercial Mortgage Trust
2019-GC43, 0.60% (WAC) due 11/10/52^◊,6		18,520,247		461,493
2016-C2, 1.65% (WAC) due 08/10/49^◊,6		2,141,086		36,324
2016-GC37, 1.64% (WAC) due 04/10/49^◊,6		2,728,400		31,600
2016-P5, 1.37% (WAC) due 10/10/49^◊,6		1,521,609		23,941
CSAIL Commercial Mortgage Trust
2019-C15, 0.99% (WAC) due 03/15/52^◊,6		10,923,869		354,106
UBS Commercial Mortgage Trust
2017-C2, 1.06% (WAC) due 08/15/50^◊,6		7,603,912		161,828
SG Commercial Mortgage Securities Trust
2016-C5, 1.82% (WAC) due 10/10/48^◊,6		6,924,707		127,644
Morgan Stanley Capital I Trust
2016-UB11, 1.43% (WAC) due 08/15/49^◊,6		5,530,045		92,434
JPMDB Commercial Mortgage Securities Trust
2016-C2, 1.47% (WAC) due 06/15/49^◊,6		6,077,506		76,904
COMM Mortgage Trust
2015-CR24, 0.68% (WAC) due 08/10/48^◊,6		34,846,378		42,711
2015-CR26, 0.89% (WAC) due 10/10/48^◊,6		7,919,537		15,130
Wells Fargo Commercial Mortgage Trust
2016-NXS5, 1.39% (WAC) due 01/15/59^◊,6		3,137,152		31,448
2016-C37, 0.77% (WAC) due 12/15/49^◊,6		2,318,604		25,481
CFCRE Commercial Mortgage Trust
2016-C3, 0.95% (WAC) due 01/10/48^◊,6		4,703,691		26,666
CD Mortgage Trust
2016-CD1, 1.34% (WAC) due 08/10/49^◊,6		1,998,454		23,273
Total Commercial Mortgage-Backed Securities				42,214,945
Military Housing - 0.6%
Freddie Mac Military Housing Bonds Resecuritization Trust Certificates
2015-R1, 5.25% (WAC) due 11/25/55^◊,2		6,689,641		5,765,168
2015-R1, 4.45% (WAC) due 11/25/52^◊,2		2,671,868		2,371,226
2015-R1, 0.70% (WAC) due 11/25/55^◊,2,6		9,790,799		555,207
Capmark Military Housing Trust
2006-RILY, 6.15% due 07/10/51^†††,2		2,207,981		1,923,512
2007-ROBS, 6.06% due 10/10/52^†††,2		444,075		381,636
2007-AETC, 5.75% due 02/10/52^†††,2		260,782		221,287
GMAC Commercial Mortgage Asset Corp.
2007-HCKM, 6.11% due 08/10/52^†††,2		1,395,829		1,229,066
Total Military Housing				12,447,102
Total Collateralized Mortgage Obligations
(Cost $714,288,704)				691,322,918

U.S. GOVERNMENT SECURITIES^†† - 28.7%
U.S. Treasury Notes
4.13% due 03/31/31		85,832,400		84,254,624
4.63% due 04/30/31		60,000,000		60,507,063
4.13% due 11/30/29		59,600,000		58,922,872
3.75% due 08/31/31		44,220,000		42,366,216
3.38% due 09/15/27		43,000,000		42,020,447
4.13% due 11/15/27		25,000,000		24,889,685
4.13% due 10/31/31		21,000,000		20,555,035
3.63% due 08/31/29		12,000,000		11,618,997
3.63% due 09/30/31		7,010,000		6,661,326
3.88% due 08/15/34		6,070,000		5,739,417
3.88% due 10/15/27		3,580,000		3,542,373
3.50% due 09/30/26		3,400,000		3,357,174
3.63% due 03/31/28		3,000,000		2,938,269
4.13% due 06/15/26		260,000		259,553
United States Treasury Inflation Indexed Bonds
1.88% due 07/15/34		39,117,211		37,904,389
2.13% due 04/15/29		23,797,594		23,826,323
1.63% due 10/15/29		20,213,070		19,873,452
0.13% due 10/15/25		17,030,720		16,833,877
0.38% due 01/15/27		16,949,974		16,434,424

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
U.S. GOVERNMENT SECURITIES^†† - 28.7% (continued)
1.25% due 04/15/28		10,912,455	$	10,631,815
0.50% due 01/15/28		9,955,444		9,516,798
0.13% due 04/15/27		9,111,048		8,732,696
1.38% due 07/15/33		2,005,830		1,876,315
U.S. Treasury Bonds
due 05/15/51^5,8		167,110,000		47,077,003
due 08/15/53^5,8		35,000,000		9,206,946
due 05/15/44^6,8		22,950,000		8,636,299
due 02/15/54^5,8		28,290,000		7,360,603
due 08/15/54^5,8		24,990,000		6,393,624
due 02/15/52^5,8		19,980,000		5,453,150
due 02/15/46^6,8		10,550,000		3,639,303
due 11/15/44^6,8		4,600,000		1,688,519
due 11/15/53^5,8		3,330,000		877,132
Total U.S. Government Securities
(Cost $623,505,061)				603,595,719

CORPORATE BONDS^†† - 23.0%
Financial - 11.8%
Pershing Square Holdings Ltd.
3.25% due 10/01/31²		6,200,000		5,101,512
3.25% due 11/15/30		4,000,000		3,426,473
Morgan Stanley
6.63% due 11/01/34⁹		2,465,000		2,648,857
5.52% due 11/19/55⁹		2,500,000		2,409,289
5.94% due 02/07/39⁹		1,950,000		1,956,395
5.83% due 04/19/35⁹		1,085,000		1,105,662
Nippon Life Insurance Co.
2.75% due 01/21/51^2,9		8,150,000		6,875,828
BPCE S.A.
2.28% due 01/20/32^2,9		8,200,000		6,696,975
American National Group, Inc.
5.00% due 06/15/27		5,036,000		5,009,064
5.75% due 10/01/29		1,000,000		1,001,151
Wilton RE Ltd.
6.00%^2,9,10		5,672,000		5,676,231
Liberty Mutual Group, Inc.
4.13% due 12/15/51^2,9		5,800,000		5,519,341
Global Atlantic Finance Co.
7.95% due 06/15/33²		3,841,000		4,252,820
6.75% due 03/15/54²		969,000		983,357
GLP Capital Limited Partnership / GLP Financing II, Inc.
4.00% due 01/15/31		4,650,000		4,253,186
5.30% due 01/15/29		900,000		893,476
Safehold GL Holdings LLC
2.85% due 01/15/32		2,428,000		2,039,951
2.80% due 06/15/31		1,831,000		1,563,320
6.10% due 04/01/34		1,400,000		1,424,323
5.65% due 01/15/35		100,000		97,575
Blue Owl Capital GP LLC
7.21% due 08/22/43^†††		5,000,000		5,095,379
Brighthouse Financial Global Funding
5.65% due 06/10/29²		4,975,000		5,016,944
Citigroup, Inc.
5.83% due 02/13/35⁹		4,900,000		4,876,019
Demeter Investments BV
5.63% due 08/15/52		4,350,000		4,339,747
LPL Holdings, Inc.
4.38% due 05/15/31²		3,060,000		2,822,518
6.00% due 05/20/34		1,490,000		1,517,037
Allianz SE
3.20%^2,9,10		5,000,000		4,337,090
Iron Mountain, Inc.
4.50% due 02/15/31²		1,917,000		1,752,541
5.25% due 07/15/30²		1,283,000		1,224,700
5.63% due 07/15/32²		1,000,000		955,264
First American Financial Corp.
4.00% due 05/15/30		3,180,000		2,964,207
5.45% due 09/30/34		1,000,000		964,240
Societe Generale S.A.
5.52% due 01/19/28^2,9		2,750,000		2,759,080
3.34% due 01/21/33^2,9		1,300,000		1,098,819
FS KKR Capital Corp.
2.63% due 01/15/27		2,150,000		2,034,982
3.25% due 07/15/27		1,800,000		1,707,309
PartnerRe Finance B LLC
4.50% due 10/01/50⁹		4,040,000		3,735,804
CoStar Group, Inc.
2.80% due 07/15/30²		4,130,000		3,606,459
Macquarie Group Ltd.
2.87% due 01/14/33^2,9		2,150,000		1,816,230
2.69% due 06/23/32^2,9		2,000,000		1,694,947
Brookfield Finance, Inc.
5.97% due 03/04/54		1,300,000		1,313,988
4.70% due 09/20/47		650,000		560,201
3.50% due 03/30/51		630,000		434,239
3.63% due 02/15/52		620,000		431,321
6.35% due 01/05/34		300,000		316,183
5.68% due 01/15/35		300,000		302,094
Lazard Group LLC
6.00% due 03/15/31		3,230,000		3,316,550
Macquarie Bank Ltd.
3.62% due 06/03/30²		3,570,000		3,254,937
Fairfax Financial Holdings Ltd.
3.38% due 03/03/31		2,500,000		2,229,645
5.63% due 08/16/32		1,000,000		1,011,442
Maple Grove Funding Trust I
4.16% due 08/15/51²		4,750,000		3,195,325
CNO Financial Group, Inc.
6.45% due 06/15/34		2,410,000		2,489,870
5.25% due 05/30/29		700,000		695,070
Jefferies Financial Group, Inc.
6.20% due 04/14/34		1,650,000		1,700,435
2.63% due 10/15/31		1,400,000		1,181,172
Old Republic International Corp.
5.75% due 03/28/34		2,850,000		2,853,216
Nationwide Mutual Insurance Co.
4.35% due 04/30/50²		3,687,000		2,758,871
Host Hotels & Resorts, LP
5.70% due 07/01/34		2,750,000		2,745,490

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
CORPORATE BONDS^†† - 23.0% (continued)
Financial - 11.8% (continued)
Rocket Mortgage LLC / Rocket Mortgage Company-Issuer, Inc.
3.88% due 03/01/31²		3,150,000	$	2,744,585
Pacific Beacon LLC
5.51% due 07/15/36²		2,900,000		2,737,118
Standard Chartered plc
5.01% due 10/15/30^2,9		2,250,000		2,209,377
4.64% due 04/01/31^2,9		510,000		491,390
UBS Group AG
3.09% due 05/14/32^2,9		2,950,000		2,565,857
Ares Finance Company II LLC
3.25% due 06/15/30²		2,760,000		2,495,472
Accident Fund Insurance Company of America
8.50% due 08/01/32²		2,450,000		2,379,424
TPG Operating Group II, LP
5.88% due 03/05/34		2,300,000		2,352,696
Jefferies Finance LLC / JFIN Company-Issuer Corp.
5.00% due 08/15/28²		2,450,000		2,298,192
Farmers Insurance Exchange
7.00% due 10/15/64^2,9		2,200,000		2,268,127
Sumitomo Life Insurance Co.
3.38% due 04/15/81^2,9		2,500,000		2,201,777
Nuveen LLC
5.85% due 04/15/34²		2,150,000		2,175,709
Voya Financial, Inc.
4.80% due 06/15/46		2,500,000		2,129,576
OneAmerica Financial Partners, Inc.
4.25% due 10/15/50²		2,848,000		2,081,046
Capital One Financial Corp.
6.05% due 02/01/35⁹		2,000,000		2,032,103
Stewart Information Services Corp.
3.60% due 11/15/31		2,250,000		1,947,984
AmFam Holdings, Inc.
2.81% due 03/11/31²		1,800,000		1,401,373
3.83% due 03/11/51²		850,000		513,075
Aon North America, Inc.
5.45% due 03/01/34		1,900,000		1,896,689
Westpac Banking Corp.
3.02% due 11/18/36⁹		1,200,000		1,015,233
2.96% due 11/16/40		805,000		572,894
2.67% due 11/15/35⁹		295,000		250,952
Equinix Europe 2 Financing Corporation LLC
5.50% due 06/15/34		1,800,000		1,806,849
Reinsurance Group of America, Inc.
5.75% due 09/15/34		1,750,000		1,763,769
QBE Insurance Group Ltd.
5.88%^2,9,10		1,750,000		1,748,105
Mid-Atlantic Military Family Communities LLC
5.30% due 08/01/50²		2,127,979		1,731,009
Americo Life, Inc.
3.45% due 04/15/31²		2,060,000		1,729,438
KKR Group Finance Company VIII LLC
3.50% due 08/25/50²		2,360,000		1,626,630
Trustage Financial Group, Inc.
4.63% due 04/15/32²		1,750,000		1,598,653
Dyal Capital Partners III
4.40% due 06/15/40^†††		1,750,000		1,593,476
Corebridge Life Holdings, Inc.
8.13% due 03/15/46²		1,400,000		1,592,233
Markel Group, Inc.
6.00% due 05/16/54		1,550,000		1,534,959
Australia & New Zealand Banking Group Ltd.
2.57% due 11/25/35^2,9		1,800,000		1,525,991
HS Wildcat LLC
3.83% due 12/31/50^†††		1,978,837		1,394,692
Muenchener Rueckversicherungs-Gesellschaft AG in Muenchen
5.88% due 05/23/42^2,9		1,350,000		1,373,269
Beacon Funding Trust
6.27% due 08/15/54²		1,350,000		1,333,211
RGA Global Funding
5.05% due 12/06/31²		1,300,000		1,278,503
National Australia Bank Ltd.
2.99% due 05/21/31²		975,000		842,661
2.33% due 08/21/30²		502,000		426,965
Brookfield Capital Finance LLC
6.09% due 06/14/33		1,100,000		1,138,111
Globe Life, Inc.
5.85% due 09/15/34		740,000		744,155
2.15% due 08/15/30		420,000		355,574
Swedbank AB
5.65% (SOFR + 1.03%) due 11/20/29^◊,2		1,040,000		1,043,140
Prudential Financial, Inc.
3.70% due 10/01/50⁹		1,160,000		1,031,929
Sumitomo Mitsui Financial Group, Inc.
5.89% (SOFR + 1.17%) due 07/09/29^◊		1,000,000		1,013,617
Citibank North America
5.33% (SOFR + 0.71%) due 11/19/27^◊		1,010,000		1,011,700
NatWest Markets plc
6.04% (SOFR + 1.14%) due 05/17/29^◊,2		1,000,000		1,007,148
Nordea Bank Abp
5.92% (SOFR + 1.02%) due 09/10/29^◊,2		1,000,000		1,005,442
Athene Global Funding
5.63% (SOFR Compounded Index + 1.21%) due 03/25/27^◊,2		500,000		502,791
2.67% due 06/07/31²		590,000		501,262
HSBC Holdings plc
5.29% due 11/19/30⁹		1,010,000		1,003,295

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
CORPORATE BONDS^†† - 23.0% (continued)
Financial - 11.8% (continued)
JPMorgan Chase & Co.
5.54% (SOFR + 0.86%) due 10/22/28^◊		1,000,000	$	1,003,187
Banco Santander S.A.
5.82% (SOFR + 1.12%) due 07/15/28^◊		1,000,000		1,002,353
DNB Bank ASA
5.70% (SOFR + 1.06%) due 11/05/30^◊,2		1,000,000		1,001,800
Blue Owl Finance LLC
6.25% due 04/18/34		970,000		996,521
Credit Agricole S.A.
6.11% (SOFR + 1.21%) due 09/11/28^◊,2		990,000		996,336
Jackson Financial, Inc.
4.00% due 11/23/51		1,440,000		992,840
Apollo Global Management, Inc.
5.80% due 05/21/54		980,000		984,144
Pine Street Trust III
6.22% due 05/15/54²		960,000		968,740
Carlyle Finance LLC
5.65% due 09/15/48²		1,020,000		967,307
Belvoir Land LLC
5.60% due 12/15/35²		1,000,000		941,935
VICI Properties Limited Partnership / VICI Note Company, Inc.
4.13% due 08/15/30²		1,000,000		929,167
Mutual of Omaha Insurance Co.
6.14% due 01/16/64^2,9		850,000		838,835
Apollo Management Holdings, LP
2.65% due 06/05/30²		930,000		816,906
Deutsche Bank AG NY
3.55% due 09/18/31⁹		880,000		790,063
Fort Moore Family Communities LLC
6.09% due 01/15/51²		861,787		766,547
Dyal Capital Partners III (B) LP
6.55% due 06/15/44^†††		770,000		762,803
Assurant, Inc.
2.65% due 01/15/32		891,000		745,877
Central Storage Safety Project Trust
4.82% due 02/01/38¹¹		779,200		706,724
BGC Group, Inc.
8.00% due 05/25/28		660,000		700,662
Lloyds Banking Group plc
3.51% due 03/18/26⁹		660,000		657,643
Enstar Group Ltd.
3.10% due 09/01/31		710,000		607,069
Penn Mutual Life Insurance Co.
3.80% due 04/29/61²		950,000		605,017
Kemper Corp.
2.40% due 09/30/30		675,000		572,712
Assured Guaranty US Holdings, Inc.
3.60% due 09/15/51		800,000		547,983
Royal Bank of Canada
5.54% (SOFR Compounded Index + 0.86%) due 10/18/28^◊		500,000		502,115
Bank of Nova Scotia
5.72% (SOFR Compounded Index + 1.08%) due 08/01/29^◊		500,000		501,650
BNP Paribas S.A.
1.32% due 01/13/27^2,9		520,000		500,572
Barclays plc
6.08% (SOFR + 1.49%) due 03/12/28^◊		490,000		495,742
Citizens Financial Group, Inc.
6.65% due 04/25/35⁹		470,000		495,481
Regions Financial Corp.
5.50% due 09/06/35⁹		500,000		488,248
Fidelity National Financial, Inc.
3.40% due 06/15/30		470,000		426,351
2.45% due 03/15/31		70,000		59,044
Brookfield Finance LLC / Brookfield Finance, Inc.
3.45% due 04/15/50		470,000		322,034
Western & Southern Life Insurance Co.
3.75% due 04/28/61²		470,000		313,613
Cushman & Wakefield US Borrower LLC
6.75% due 05/15/28²		296,000		296,269
Swiss Re Finance Luxembourg S.A.
5.00% due 04/02/49^2,9		200,000		198,343
Fidelity & Guaranty Life Holdings, Inc.
5.50% due 05/01/25²		127,000		126,992
KKR Group Finance Company III LLC
5.13% due 06/01/44²		100,000		91,351
Total Financial				248,784,353
Industrial - 2.9%
AP Grange Holdings
6.50% due 03/20/45^†††		13,128,258		13,292,362
5.00% due 03/20/45^†††		1,400,000		1,477,000
Homestead Spe Issuer LLC
7.21% due 04/01/55^†††		5,000,000		5,000,000
Berry Global, Inc.
5.80% due 06/15/31²		2,350,000		2,391,946
4.88% due 07/15/26²		2,156,000		2,147,369

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
CORPORATE BONDS^†† - 23.0% (continued)
Industrial - 2.9% (continued)
Boeing Co.
6.53% due 05/01/34		2,770,000	$	2,901,876
6.86% due 05/01/54		575,000		611,137
3.75% due 02/01/50		841,000		573,594
Howmet Aerospace, Inc.
3.00% due 01/15/29		3,800,000		3,526,849
TD SYNNEX Corp.
6.10% due 04/12/34		1,750,000		1,795,881
2.38% due 08/09/28		1,600,000		1,451,335
FLNG Liquefaction 3 LLC
3.08% due 06/30/39^†††		3,918,460		3,115,553
Vontier Corp.
2.95% due 04/01/31		3,450,000		2,962,760
Amazon.com, Inc.
2.65% due 10/10/42^†††		3,379,341		2,671,159
Penske Truck Leasing Company Lp / PTL Finance Corp.
5.25% due 07/01/29²		2,100,000		2,107,563
Fortune Brands Innovations, Inc.
4.00% due 03/25/32		2,050,000		1,891,513
Smurfit Kappa Treasury ULC
5.44% due 04/03/34²		1,850,000		1,846,709
Flowserve Corp.
3.50% due 10/01/30		1,810,000		1,651,154
Cliffwater Corporate Lending Fund
6.77% due 08/04/28^†††		1,550,000		1,585,774
Owens Corning
5.95% due 06/15/54		1,380,000		1,363,632
Stadco LA LLC
3.75% due 05/15/56^†††		2,000,000		1,350,800
GATX Corp.
6.05% due 06/05/54		1,258,000		1,289,577
Amcor Flexibles North America, Inc.
2.63% due 06/19/30		1,230,000		1,078,091
Cellnex Finance Company S.A.
3.88% due 07/07/41²		1,372,000		1,047,879
Dyal Capital Partners III (A) LP
6.55% due 06/15/44^†††		980,000		970,840
Avnet, Inc.
5.50% due 06/01/32		800,000		783,795
Sonoco Products Co.
5.00% due 09/01/34		700,000		663,779
Norfolk Southern Corp.
4.10% due 05/15/21		600,000		415,201
Total Industrial				61,965,128
Energy - 2.0%
BP Capital Markets plc
4.88%^9,10		6,348,000		6,048,891
6.13%^9,10		350,000		343,897
ONEOK, Inc.
6.05% due 09/01/33		3,800,000		3,910,307
3.95% due 03/01/50		2,000,000		1,442,188
Greensaif Pipelines Bidco SARL
5.85% due 02/23/36²		1,500,000		1,480,584
6.10% due 08/23/42²		800,000		779,982
6.51% due 02/23/42²		400,000		404,965
6.13% due 02/23/38²		350,000		350,548
Plains All American Pipeline Limited Partnership / PAA Finance Corp.
5.70% due 09/15/34		2,850,000		2,844,069
DT Midstream, Inc.
5.80% due 12/15/34²		2,450,000		2,467,246
Galaxy Pipeline Assets Bidco Ltd.
3.25% due 09/30/40²		2,986,000		2,249,775
Boardwalk Pipelines, LP
5.63% due 08/01/34		2,000,000		1,991,875
Enbridge, Inc.
5.63% due 04/05/34		1,900,000		1,911,190
Targa Resources Partners Limited Partnership / Targa Resources Partners Finance Corp.
6.88% due 01/15/29		1,734,000		1,774,650
Energy Transfer, LP
7.38% due 02/01/31²		710,000		742,465
6.13% due 12/15/45		500,000		493,498
6.05% due 09/01/54		500,000		489,351
Kinder Morgan Energy Partners, LP
7.50% due 11/15/40		880,000		989,967
5.80% due 03/15/35		725,000		729,336
Midwest Connector Capital Company LLC
4.63% due 04/01/29²		1,050,000		1,029,782
Cheniere Energy, Inc.
5.65% due 04/15/34		1,000,000		1,005,744
Texas Eastern Transmission, LP
4.15% due 01/15/48²		1,260,000		969,479
Targa Resources Corp.
6.50% due 02/15/53		930,000		969,224
TransCanada PipeLines Ltd.
7.63% due 01/15/39		830,000		960,942
Eni SpA
5.95% due 05/15/54²		980,000		940,874
Cheniere Energy Partners, LP
5.95% due 06/30/33		750,000		767,767
5.75% due 08/15/34²		150,000		150,996
Viper Energy, Inc.
7.38% due 11/01/31²		850,000		889,899
EnLink Midstream Partners, LP
5.60% due 04/01/44		860,000		789,165
NuStar Logistics, LP
6.38% due 10/01/30		534,000		535,449
6.00% due 06/01/26		200,000		200,268
Marathon Petroleum Corp.
6.50% due 03/01/41		710,000		735,620

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
CORPORATE BONDS^†† - 23.0% (continued)
Energy - 2.0% (continued)
Western Midstream Operating, LP
5.30% due 03/01/48		750,000	$	636,961
MPLX, LP
5.50% due 02/15/49		530,000		486,624
DCP Midstream Operating, LP
6.45% due 11/03/36²		363,000		373,461
Total Energy				42,887,039
Consumer, Non-cyclical - 1.8%
JBS USA Holding Lux SARL/ JBS USA Food Company/ JBS Lux Co SARL
5.50% due 01/15/30		2,200,000		2,195,949
3.00% due 05/15/32		1,750,000		1,456,806
4.38% due 02/02/52		1,300,000		979,739
CVS Health Corp.
6.75% due 12/10/54⁹		2,170,000		2,127,768
5.70% due 06/01/34		2,000,000		1,965,856
Smithfield Foods, Inc.
2.63% due 09/13/31²		2,500,000		2,058,027
5.20% due 04/01/29²		1,200,000		1,173,793
3.00% due 10/15/30²		970,000		838,059
BAT Capital Corp.
6.00% due 02/20/34		3,000,000		3,082,162
4.76% due 09/06/49		1,040,000		841,854
GXO Logistics, Inc.
6.50% due 05/06/34		1,250,000		1,281,173
6.25% due 05/06/29		1,250,000		1,279,991
Altria Group, Inc.
4.45% due 05/06/50		1,365,000		1,058,571
3.70% due 02/04/51		1,280,000		870,227
Royalty Pharma plc
3.55% due 09/02/50		2,690,000		1,793,844
Triton Container International Ltd.
3.15% due 06/15/31²		2,100,000		1,782,753
Element Fleet Management Corp.
6.32% due 12/04/28²		1,500,000		1,563,317
Global Payments, Inc.
2.90% due 11/15/31		1,650,000		1,411,188
3.20% due 08/15/29		114,000		104,421
AZ Battery Property LLC
6.73% due 02/20/46^†††		1,420,000		1,400,273
Yale-New Haven Health Services Corp.
2.50% due 07/01/50		2,250,000		1,293,696
Highmark, Inc.
2.55% due 05/10/31²		1,500,000		1,214,460
Universal Health Services, Inc.
2.65% due 10/15/30		1,320,000		1,134,554
Transurban Finance Company Pty Ltd.
2.45% due 03/16/31²		1,300,000		1,096,740
Pilgrim's Pride Corp.
3.50% due 03/01/32		1,150,000		991,659
Philip Morris International, Inc.
5.25% due 02/13/34		750,000		741,247
Kraft Heinz Foods Co.
7.13% due 08/01/39²		650,000		726,834
Kroger Co.
5.50% due 09/15/54		330,000		310,818
Triton Container International Limited / TAL International Container Corp.
3.25% due 03/15/32		200,000		169,330
Total Consumer, Non-cyclical				36,945,109
Consumer, Cyclical - 1.6%
Choice Hotels International, Inc.
3.70% due 01/15/31		7,340,000		6,603,305
Hyatt Hotels Corp.
5.75% due 04/23/30		3,010,000		3,073,433
Delta Air Lines, Inc.
7.00% due 05/01/25²		3,014,000		3,026,743
Smithsonian Institution
2.70% due 09/01/44		4,000,000		2,647,173
Alt-2 Structured Trust
2.95% due 05/14/31^{◊,†††}		2,731,553		2,464,738
British Airways Class A Pass Through Trust
4.25% due 11/15/32²		1,800,568		1,706,796
2.90% due 03/15/35²		733,631		647,087
Warnermedia Holdings, Inc.
5.14% due 03/15/52		1,640,000		1,218,527
6.41% due 03/15/26		600,000		600,239
LG Energy Solution Ltd.
5.50% due 07/02/34²		1,600,000		1,552,045
United Airlines 2023-1 Class A Pass Through Trust
5.80% due 01/15/36		1,417,603		1,445,646
Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd.
6.50% due 06/20/27²		1,275,000		1,283,036
Polaris, Inc.
6.95% due 03/15/29		1,050,000		1,105,214
Flutter Treasury Designated Activity Co.
6.38% due 04/29/29²		1,050,000		1,065,413
Delta Air Lines, Inc. / SkyMiles IP Ltd.
4.50% due 10/20/25²		1,049,000		1,042,409
Brunswick Corp.
5.10% due 04/01/52		1,270,000		987,384
Hasbro, Inc.
6.05% due 05/14/34		980,000		984,209
Darden Restaurants, Inc.
4.55% due 02/15/48		1,200,000		964,284
American Airlines Class AA Pass Through Trust
3.20% due 06/15/28		629,500		594,494

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
CORPORATE BONDS^†† - 23.0% (continued)
Consumer, Cyclical - 1.6% (continued)
Ferguson Finance plc
4.65% due 04/20/32²		600,000	$	572,167
LKQ Corp.
6.25% due 06/15/33		300,000		309,433
Total Consumer, Cyclical				33,893,775
Technology - 0.9%
Entegris, Inc.
4.75% due 04/15/29²		3,700,000		3,542,778
Foundry JV Holdco LLC
5.88% due 01/25/34²		1,900,000		1,858,716
6.15% due 01/25/32²		600,000		605,355
6.40% due 01/25/38²		550,000		555,725
Broadcom, Inc.
4.93% due 05/15/37²		2,306,000		2,193,347
3.19% due 11/15/36²		217,000		174,802
Leidos, Inc.
2.30% due 02/15/31		1,750,000		1,469,584
5.75% due 03/15/33		500,000		506,845
4.38% due 05/15/30		200,000		191,367
Oracle Corp.
3.95% due 03/25/51		2,128,000		1,576,222
Atlassian Corp.
5.50% due 05/15/34		1,450,000		1,456,340
MSCI, Inc.
3.63% due 11/01/31²		1,300,000		1,164,072
CGI, Inc.
2.30% due 09/14/31		1,300,000		1,076,508
Constellation Software, Inc.
5.16% due 02/16/29²		700,000		703,277
5.46% due 02/16/34²		350,000		350,806
Fiserv, Inc.
5.63% due 08/21/33		1,000,000		1,017,631
Qorvo, Inc.
3.38% due 04/01/31²		1,140,000		974,987
Total Technology				19,418,362
Communications - 0.8%
British Telecommunications plc
4.88% due 11/23/81^2,9		2,900,000		2,634,465
4.25% due 11/23/81^2,9		500,000		482,784
9.63% due 12/15/30		150,000		181,723
Vodafone Group plc
4.13% due 06/04/81⁹		2,550,000		2,257,229
Level 3 Financing, Inc.
4.50% due 04/01/30²		2,175,000		1,803,409
11.00% due 11/15/29²		359,563		404,479
Paramount Global
4.90% due 08/15/44		1,035,000		783,501
5.25% due 04/01/44		789,000		613,045
5.90% due 10/15/40		666,000		584,024
2.90% due 01/15/27		236,000		225,849
Charter Communications Operating LLC / Charter Communications Operating Capital
3.90% due 06/01/52		3,350,000		2,155,089
Fox Corp.
6.50% due 10/13/33		1,650,000		1,738,801
Rogers Communications, Inc.
4.55% due 03/15/52		2,000,000		1,598,850
Corning, Inc.
5.75% due 08/15/40		790,000		790,304
Discovery Communications LLC
5.00% due 09/20/37		570,000		475,296
CSC Holdings LLC
4.13% due 12/01/30²		600,000		431,018
Telenet Finance Luxembourg Notes SARL
5.50% due 03/01/28		200,000		194,244
Altice France S.A.
5.13% due 01/15/29²		250,000		188,215
Total Communications				17,542,325
Utilities - 0.8%
NRG Energy, Inc.
2.45% due 12/02/27²		1,750,000		1,624,957
7.00% due 03/15/33²		480,000		518,124
Liberty Utilities Co.
5.58% due 01/31/29²		1,400,000		1,410,903
5.87% due 01/31/34²		550,000		550,487
AES Corp.
3.95% due 07/15/30²		1,362,000		1,255,497
2.45% due 01/15/31		438,000		364,989
Brooklyn Union Gas Co.
6.39% due 09/15/33²		800,000		835,467
4.27% due 03/15/48²		640,000		490,565
Black Hills Corp.
6.00% due 01/15/35		800,000		824,931
4.20% due 09/15/46		630,000		493,612
Public Service Company of Colorado
5.35% due 05/15/34		1,100,000		1,101,349
Sempra
6.00% due 10/15/39		970,000		988,941
Appalachian Power Co.
4.40% due 05/15/44		1,200,000		973,293
Constellation Energy Generation LLC
6.50% due 10/01/53		900,000		953,336
Entergy Mississippi LLC
3.85% due 06/01/49		1,280,000		950,973
Enel Finance International N.V.
5.00% due 06/15/32²		850,000		827,495
Nevada Power Co.
6.65% due 04/01/36		500,000		536,227
Southern Power Co.
5.25% due 07/15/43		570,000		526,979
Louisville Gas and Electric Co.
4.25% due 04/01/49		610,000		484,620

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
CORPORATE BONDS^†† - 23.0% (continued)
Utilities - 0.8% (continued)
Alexander Funding Trust II
7.47% due 07/31/28²		450,000	$	475,065
Total Utilities				16,187,810
Basic Materials - 0.2%
Anglo American Capital plc
5.75% due 04/05/34²		1,650,000		1,660,132
3.95% due 09/10/50²		970,000		717,779
2.63% due 09/10/30²		250,000		216,828
Yamana Gold, Inc.
2.63% due 08/15/31		1,200,000		1,009,848
Southern Copper Corp.
7.50% due 07/27/35		510,000		580,748
Total Basic Materials				4,185,335
Transporation - 0.1%
Stolthaven Houston, Inc.
5.98% due 07/17/34^†††		2,000,000		1,953,926
Government - 0.1%
Amazon Conservation DAC
6.03% due 01/16/42²		1,000,000		996,500
Total Corporate Bonds
(Cost $521,404,200)				484,759,662

ASSET-BACKED SECURITIES^†† - 22.0%
Collateralized Loan Obligations - 10.7%
Cerberus Loan Funding XLIV LLC
2024-5A A, 7.01% (3 Month Term SOFR + 2.35%, Rate Floor: 2.35%) due 01/15/36^◊,2		8,900,000		8,971,369
2024-5A B, 7.86% (3 Month Term SOFR + 3.20%, Rate Floor: 3.20%) due 01/15/36^◊,2		3,000,000		3,076,020
LoanCore Issuer Ltd.
2021-CRE5 C, 6.86% (1 Month Term SOFR + 2.46%, Rate Floor: 2.46%) due 07/15/36^◊,2		7,500,000		7,558,393
2021-CRE6 C, 6.81% (1 Month Term SOFR + 2.41%, Rate Floor: 2.30%) due 11/15/38^◊,2		4,000,000		3,913,958
LCCM Trust
2021-FL3 AS, 6.31% (1 Month Term SOFR + 1.91%, Rate Floor: 1.91%) due 11/15/38^◊,2		3,950,000		3,916,093
2021-FL3 A, 5.96% (1 Month Term SOFR + 1.56%, Rate Floor: 1.56%) due 11/15/38^◊,2		3,231,969		3,229,117
2021-FL2 C, 6.66% (1 Month Term SOFR + 2.26%, Rate Floor: 2.26%) due 12/13/38^◊,2		3,100,000		3,004,370
Octagon Investment Partners 49 Ltd.
2024-5A BR, 6.61% (3 Month Term SOFR + 1.95%, Rate Floor: 1.95%) due 04/15/37^◊,2		8,500,000		8,550,771
Madison Park Funding XLVIII Ltd.
2021-48A C, 6.88% (3 Month Term SOFR + 2.26%, Rate Floor: 2.26%) due 04/19/33^◊,2		4,000,000		4,010,047
2021-48A B, 6.33% (3 Month Term SOFR + 1.71%, Rate Floor: 1.71%) due 04/19/33^◊,2		4,000,000		4,007,496
Dryden 36 Senior Loan Fund
2020-36A CR3, 6.97% (3 Month Term SOFR + 2.31%, Rate Floor: 2.05%) due 04/15/29^◊,2		8,000,000		8,006,742
Cerberus Loan Funding XLV LLC
2024-1A A, 6.56% (3 Month Term SOFR + 1.90%, Rate Floor: 1.90%) due 04/15/36^◊,2		6,500,000		6,534,767
2024-1A B, 7.06% (3 Month Term SOFR + 2.40%, Rate Floor: 2.40%) due 04/15/36^◊,2		1,000,000		1,026,150
MF1 Multifamily Housing Mortgage Loan Trust
2021-FL6 D, 7.04% (1 Month Term SOFR + 2.66%, Rate Floor: 2.55%) due 07/16/36^◊,2		4,000,000		3,875,146
2021-FL6 C, 6.34% (1 Month Term SOFR + 1.96%, Rate Floor: 1.85%) due 07/16/36^◊,2		3,400,000		3,323,256
Palmer Square Loan Funding Ltd.
2021-3A C, 7.38% (3 Month Term SOFR + 2.76%, Rate Floor: 2.76%) due 07/20/29^◊,2		2,000,000		2,014,992
2023-2A A2, 6.93% (3 Month Term SOFR + 2.30%, Rate Floor: 2.30%) due 01/25/32^◊,2		1,500,000		1,504,743
2024-3A BR, 6.66% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 04/15/31^◊,2		1,500,000		1,503,075

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
ASSET-BACKED SECURITIES^†† - 22.0% (continued)
Collateralized Loan Obligations - 10.7% (continued)
2023-2A B, 7.33% (3 Month Term SOFR + 2.70%, Rate Floor: 2.70%) due 01/25/32^◊,2		1,000,000	$	1,004,102
2021-2A C, 7.18% (3 Month Term SOFR + 2.66%, Rate Floor: 2.66%) due 05/20/29^◊,2		1,000,000		1,001,224
Owl Rock CLO III Ltd.
2024-3A AR, 6.47% (3 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 04/20/36^◊,2		5,500,000		5,568,750
2024-3A BR, 6.97% (3 Month Term SOFR + 2.35%, Rate Floor: 2.35%) due 04/20/36^◊,2		1,250,000		1,280,279
Golub Capital Partners CLO 33M Ltd.
2021-33A AR2, 6.64% (3 Month Term SOFR + 2.12%, Rate Floor: 1.86%) due 08/25/33^◊,2		6,500,000		6,507,931
Owl Rock CLO XVI LLC
2024-16A A, 6.62% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 04/20/36^◊,2		5,000,000		5,029,970
2024-16A B, 7.12% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 04/20/36^◊,2		1,000,000		1,026,177
Golub Capital Partners CLO 16 Ltd.
2021-16A A1R2, 6.50% (3 Month Term SOFR + 1.87%, Rate Floor: 1.61%) due 07/25/33^◊,2		4,000,000		4,015,242
2021-16A A2R2, 6.69% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 07/25/33^◊,2		2,000,000		2,040,401
FS Rialto
2021-FL2 A, 5.73% (1 Month Term SOFR + 1.33%, Rate Floor: 1.33%) due 05/16/38^◊,2		3,728,863		3,722,115
2021-FL3 C, 6.56% (1 Month Term SOFR + 2.16%, Rate Floor: 2.16%) due 11/16/36^◊,2		2,000,000		1,974,129
Cerberus Loan Funding XXXII, LP
2021-2A A, 6.54% (3 Month Term SOFR + 1.88%, Rate Floor: 1.88%) due 04/22/33^◊,2		4,250,000		4,260,548
2021-2A C, 7.77% (3 Month Term SOFR + 3.11%, Rate Floor: 3.11%) due 04/22/33^◊,2		1,250,000		1,251,259
Cerberus Loan Funding XLII LLC
2023-3A A1, 7.13% (3 Month Term SOFR + 2.48%, Rate Floor: 2.48%) due 09/13/35^◊,2		3,750,000		3,772,828
2023-3A B, 8.00% (3 Month Term SOFR + 3.35%, Rate Floor: 3.35%) due 09/13/35^◊,2		1,250,000		1,281,252
GoldenTree Loan Management US CLO 1 Ltd.
2024-9A BR, 6.57% (3 Month Term SOFR + 1.95%, Rate Floor: 1.95%) due 04/20/37^◊,2		3,000,000		3,024,352
2024-9A CR, 7.02% (3 Month Term SOFR + 2.40%, Rate Floor: 2.40%) due 04/20/37^◊,2		2,000,000		2,025,394
Cerberus Loan Funding XL LLC
2023-1A A, 7.06% (3 Month Term SOFR + 2.40%, Rate Floor: 2.40%) due 03/22/35^◊,2		4,500,000		4,507,448
Fortress Credit Opportunities IX CLO Ltd.
2021-9A A2TR, 6.72% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 10/15/33^◊,2		3,250,000		3,255,989
2021-9A A1TR, 6.47% (3 Month Term SOFR + 1.81%, Rate Floor: 1.55%) due 10/15/33^◊,2		1,000,000		1,002,010
THL Credit Lake Shore MM CLO I Ltd.
2021-1A A1R, 6.62% (3 Month Term SOFR + 1.96%, Rate Floor: 1.70%) due 04/15/33^◊,2		4,194,249		4,205,154
Cerberus Loan Funding XLVII LLC
2024-3A B, 6.61% (3 Month Term SOFR + 1.95%, Rate Floor: 1.95%) due 07/15/36^◊,2		3,000,000		3,050,171
2024-3A A, 6.41% (3 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 07/15/36^◊,2		1,000,000		1,005,147

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
ASSET-BACKED SECURITIES^†† - 22.0% (continued)
Collateralized Loan Obligations - 10.7% (continued)
ACRES Commercial Realty Ltd.
2021-FL1 AS, 6.10% (1 Month Term SOFR + 1.71%, Rate Floor: 1.71%) due 06/15/36^◊,2		2,000,000	$	1,988,088
2021-FL2 AS, 6.25% (1 Month Term SOFR + 1.86%, Rate Floor: 1.86%) due 01/15/37^◊,2		2,000,000		1,982,993
BSPDF Issuer Ltd.
2021-FL1 C, 6.76% (1 Month Term SOFR + 2.36%, Rate Floor: 2.25%) due 10/15/36^◊,2		4,000,000		3,872,808
ABPCI Direct Lending Fund CLO I LLC
2021-1A A1A2, 6.58% (3 Month Term SOFR + 1.96%, Rate Floor: 1.96%) due 07/20/33^◊,2		3,750,000		3,795,030
Owl Rock CLO IV Ltd.
2021-4A A1R, 6.38% (3 Month Term SOFR + 1.86%, Rate Floor: 1.60%) due 08/20/33^◊,2		3,750,000		3,750,722
VOYA CLO
2021-2A A2AR, 6.57% (3 Month Term SOFR + 1.91%, Rate Floor: 1.65%) due 06/07/30^◊,2		2,550,000		2,554,571
2024-2A B, 6.81% (3 Month Term SOFR + 1.80%, Rate Floor: 1.80%) due 07/20/37^◊,2		1,000,000		1,007,356
Cerberus Loan Funding XLVIII LLC
2024-4A B, 6.30% (3 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 10/15/36^◊,2		2,000,000		2,029,837
2024-4A AN, 6.10% (3 Month Term SOFR + 1.65%, Rate Floor: 1.65%) due 10/15/36^◊,2		1,500,000		1,511,243
Cerberus Loan Funding XXXIII, LP
2021-3A B, 6.76% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 07/23/33^◊,2		2,000,000		2,000,825
2021-3A A, 6.47% (3 Month Term SOFR + 1.82%, Rate Floor: 1.56%) due 07/23/33^◊,2		1,250,000		1,253,926
Owl Rock CLO II Ltd.
2021-2A ALR, 6.43% (3 Month Term SOFR + 1.81%, Rate Floor: 1.55%) due 04/20/33^◊,2		3,000,000		3,005,432
Golub Capital Partners CLO 54M LP
2021-54A A, 6.35% (3 Month Term SOFR + 1.79%, Rate Floor: 1.53%) due 08/05/33^◊,2		1,500,000		1,501,873
2021-54A B, 6.67% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 08/05/33^◊,2		1,500,000		1,500,894
Golub Capital Partners CLO 31M Ltd.
2024-31A A1RR, 6.21% (3 Month Term SOFR + 1.60%, Rate Floor: 1.60%) due 11/05/37^◊,2		1,750,000		1,758,749
2024-31A BRR, 6.46% (3 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 11/05/37^◊,2		1,000,000		1,013,111
Palmer Square CLO Ltd.
2024-4A BR, 6.32% (3 Month Term SOFR + 1.70%, Rate Floor: 1.70%) due 10/20/37^◊,2		1,450,000		1,459,659
2024-4A CR, 6.47% (3 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 10/20/37^◊,2		1,250,000		1,260,113
KREF Ltd.
2021-FL2 AS, 5.80% (1 Month Term SOFR + 1.41%, Rate Floor: 1.30%) due 02/15/39^◊,2		1,500,000		1,471,078
2021-FL2 C, 6.50% (1 Month Term SOFR + 2.11%, Rate Floor: 2.00%) due 02/15/39^◊,2		1,000,000		963,063
Owl Rock CLO XIX LLC
2024-19A A, 6.27% (3 Month Term SOFR + 1.65%, Rate Floor: 1.65%) due 10/22/37^◊,2		2,400,000		2,414,911
Carlyle Direct Lending CLO LLC
2024-1A A11A, 6.46% (3 Month Term SOFR + 1.80%, Rate Floor: 1.80%) due 07/15/36^◊,2		2,400,000		2,407,969

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
ASSET-BACKED SECURITIES^†† - 22.0% (continued)
Collateralized Loan Obligations - 10.7% (continued)
Madison Park Funding LVIII Ltd.
2024-58A C, 7.08% (3 Month Term SOFR + 2.45%, Rate Floor: 2.45%) due 04/25/37^◊,2		1,000,000	$	1,016,059
2024-58A B, 6.58% (3 Month Term SOFR + 1.95%, Rate Floor: 1.95%) due 04/25/37^◊,2		1,000,000		1,007,716
Cerberus Loan Funding XLVI, LP
2024-2A A, 6.51% (3 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 07/15/36^◊,2		1,500,000		1,509,506
2024-2A B, 6.96% (3 Month Term SOFR + 2.30%, Rate Floor: 2.30%) due 07/15/36^◊,2		500,000		512,208
Owl Rock CLO I LLC
2024-1A ANR, 6.92% (3 Month Term SOFR + 2.40%, Rate Floor: 2.40%) due 02/20/36^◊,2		2,000,000		2,014,930
Neuberger Berman Loan Advisers CLO 40 Ltd.
2021-40A C, 6.66% (3 Month Term SOFR + 2.01%, Rate Floor: 1.75%) due 04/16/33^◊,2		2,000,000		2,000,293
Sound Point CLO XXXI Ltd.
2021-3A B, 6.54% (3 Month Term SOFR + 1.91%, Rate Floor: 1.65%) due 10/25/34^◊,2		2,000,000		1,999,560
MidOcean Credit CLO VII
2020-7A BR, 6.52% (3 Month Term SOFR + 1.86%, Rate Floor: 0.00%) due 07/15/29^◊,2		1,976,736		1,975,101
BRSP Ltd.
2021-FL1 C, 6.63% (1 Month Term SOFR + 2.26%, Rate Floor: 2.15%) due 08/19/38^◊,2		2,000,000		1,948,909
Canyon Capital CLO Ltd.
2018-1A A2R, 6.35% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 01/30/31^◊,2		1,900,000		1,902,501
HERA Commercial Mortgage Ltd.
2021-FL1 A, 5.54% (1 Month Term SOFR + 1.16%, Rate Floor: 1.05%) due 02/18/38^◊,2		1,868,707		1,859,781
FS Rialto Issuer LLC
2024-FL9 AS, 6.46% (1 Month Term SOFR + 2.09%, Rate Floor: 2.09%) due 10/19/39^◊,2		1,800,000		1,795,567
KREF Funding V LLC
6.26% (1 Month Term SOFR + 1.86%, Rate Floor: 1.86%) due 06/25/26^{◊,†††}		1,536,115		1,528,860
0.15% due 06/25/26^†††,6		21,818,182		15,491
STWD Ltd.
2019-FL1 D, 6.86% (1 Month Term SOFR + 2.46%, Rate Floor: 2.46%) due 07/15/38^◊,2		1,459,000		1,446,311
Madison Park Funding Ltd.
2024-69A B, 7.28% (3 Month Term SOFR + 1.95%, Rate Floor: 1.95%) due 07/25/37^◊,2		1,250,000		1,261,052
Golub Capital Partners CLO 36M Ltd.
2018-36A A, 6.12% (3 Month Term SOFR + 1.56%, Rate Floor: 0.00%) due 02/05/31^◊,2		1,153,196		1,154,911
Owl Rock CLO XIII LLC
2023-13A B, 7.70% (3 Month Term SOFR + 3.35%, Rate Floor: 3.35%) due 09/20/35^◊,2		1,000,000		1,025,382
Ares Direct Lending CLO 3 LLC
2024-3A B, 6.29% (3 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 01/20/37^◊,2		1,000,000		1,015,334
Cerberus Loan Funding XXXVIII, LP
2022-2A A1, 7.41% (3 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 10/15/34^◊,2		1,000,000		1,008,848
Owl Rock CLO X LLC
2023-10A A, 7.07% (3 Month Term SOFR + 2.45%, Rate Floor: 2.45%) due 04/20/35^◊,2		1,000,000		1,003,476
Golub Capital Partners CLO 46 Ltd.
2024-46A BR, 6.92% (3 Month Term SOFR + 2.30%, Rate Floor: 2.30%) due 04/20/37^◊,2		1,000,000		1,003,474

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
ASSET-BACKED SECURITIES^†† - 22.0% (continued)
Collateralized Loan Obligations - 10.7% (continued)
Cerberus Loan Funding XXXV, LP
2021-5A A, 6.42% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 09/22/33^◊,2		1,000,000	$	1,002,124
BSPRT Issuer Ltd.
2021-FL7 C, 6.81% (1 Month Term SOFR + 2.41%, Rate Floor: 2.41%) due 12/15/38^◊,2		1,000,000		1,001,261
BSPRT Issuer LLC
2024-FL11 B, 6.69% (1 Month Term SOFR + 2.29%, Rate Floor: 2.29%) due 07/15/39^◊,2		1,000,000		998,975
Ares Direct Lending CLO 1 LLC
2024-1A B, 6.83% (3 Month Term SOFR + 2.20%, Rate Floor: 2.20%) due 04/25/36^◊,2		750,000		766,127
ACRE Commercial Mortgage Ltd.
2021-FL4 D, 7.09% (1 Month Term SOFR + 2.71%, Rate Floor: 2.60%) due 12/18/37^◊,2		773,000		760,024
BXMT Ltd.
2020-FL2 A, 5.40% (1 Month Term SOFR + 1.01%, Rate Floor: 1.01%) due 02/15/38^◊,2		772,959		759,674
Wellfleet CLO Ltd.
2024-2A BR, 6.48% (3 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 10/18/37^◊,2		750,000		755,117
Dryden 37 Senior Loan Fund
2015-37A Q, due 01/15/31^2,12		1,000,000		696,767
Sound Point CLO XXIV
2021-3A B1R, 6.59% (3 Month Term SOFR + 1.96%, Rate Floor: 1.96%) due 10/25/34^◊,2		500,000		499,141
NewStar Fairfield Fund CLO Ltd.
2018-2A A1N, 6.15% (3 Month Term SOFR + 1.53%, Rate Floor: 1.27%) due 04/20/30^◊,2		310,691		311,046
Golub Capital Partners CLO 17 Ltd.
2017-17A A1R, 6.54% (3 Month Term SOFR + 1.91%, Rate Floor: 0.00%) due 10/25/30^◊,2		169,509		169,607
Treman Park CLO Ltd.
2015-1A COM, due 10/20/28^{†††,2,12}		162,950		466
Copper River CLO Ltd.
2007-1A INC, due 01/20/21^11,12		700,000		70
Babson CLO Ltd.
2014-IA SUB, due 07/20/25^{†††,2,12}		650,000		65
Total Collateralized Loan Obligations				226,068,362
Whole Business - 2.2%
Subway Funding LLC
2024-3A, 5.91% due 07/30/54²		2,750,000		2,685,000
2024-1A, 6.51% due 07/30/54²		2,050,000		2,104,287
2024-1A, 6.27% due 07/30/54²		1,600,000		1,627,767
2024-1A, 6.03% due 07/30/54²		800,000		809,741
SERVPRO Master Issuer LLC
2021-1A, 2.39% due 04/25/51²		4,197,750		3,782,346
2019-1A, 3.88% due 10/25/49²		1,520,000		1,476,948
2024-1A, 6.17% due 01/25/54²		1,389,500		1,393,773
Arbys Funding LLC
2020-1A, 3.24% due 07/30/50²		6,463,125		6,136,771
Sonic Capital LLC
2020-1A, 3.85% due 01/20/50²		2,176,417		2,099,710
2021-1A, 2.19% due 08/20/51²		2,220,413		1,961,404
2020-1A, 4.34% due 01/20/50²		956,667		890,771
Domino's Pizza Master Issuer LLC
2017-1A, 4.12% due 07/25/47²		5,076,000		4,941,176
Taco Bell Funding LLC
2016-1A, 4.97% due 05/25/46²		3,515,625		3,508,900
ServiceMaster Funding LLC
2020-1, 2.84% due 01/30/51²		3,771,840		3,436,855
Wingstop Funding LLC
2024-1A, 5.86% due 12/05/54²		1,500,000		1,503,080
2020-1A, 2.84% due 12/05/50²		1,231,250		1,151,137
2022-1A, 3.73% due 03/05/52²		248,125		231,969
Five Guys Holdings, Inc.
2023-1A, 7.55% due 01/26/54²		2,050,000		2,119,552

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
ASSET-BACKED SECURITIES^†† - 22.0% (continued)
Whole Business - 2.2% (continued)
Applebee's Funding LLC / IHOP Funding LLC
2019-1A, 4.72% due 06/05/49²		1,732,500	$	1,702,021
Wendy's Funding LLC
2019-1A, 3.78% due 06/15/49²		1,302,841		1,272,481
DB Master Finance LLC
2019-1A, 4.02% due 05/20/49²		1,184,375		1,167,358
Total Whole Business				46,003,047
Financial - 2.1%
Station Place Securitization Trust
2024-SP2, 6.15% (1 Month Term SOFR + 1.70%, Rate Floor: 1.70%) due 07/12/26^{◊,†††,2}		3,800,000		3,800,000
2024-SP1, 5.85% (1 Month Term SOFR + 1.40%, Rate Floor: 1.40%) due 08/12/25^{◊,†††,2}		3,800,000		3,800,000
2024-SP4, 5.70% (1 Month Term SOFR + 1.30%, Rate Floor: 1.30%) due 11/17/25^{◊,†††,2}		3,000,000		3,000,000
2024-SP3, 5.70% (1 Month Term SOFR + 1.30%, Rate Floor: 1.30%) due 11/17/25^{◊,†††,2}		1,500,000		1,500,000
Project Onyx I
7.74% (3 Month Term SOFR + 2.80%, Rate Floor: 2.80%) due 01/26/27^{◊,†††}		4,668,064		4,619,904
KKR Core Holding Company LLC
4.00% due 08/12/31^†††		4,601,046		4,160,350
Ceamer Finance LLC
6.79% due 11/15/39^†††		2,200,000		2,200,000
6.92% due 11/15/37^†††		1,662,449		1,661,118
HV Eight LLC
7.48% (3 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 12/31/27^{◊,†††}	EUR	3,530,486		3,639,960
Strategic Partners Fund VIII, LP
7.17% (1 Month Term SOFR + 2.60%, Rate Floor: 2.60%) due 03/10/26^{◊,†††}		3,387,892		3,361,520
LVNV Funding LLC
7.80% due 11/05/28^†††		2,900,000		3,007,792
Thunderbird A
5.50% due 03/01/37^†††		2,940,667		2,709,826
Lightning A
5.50% due 03/01/37^†††		2,931,778		2,701,635
HarbourVest Structured Solutions IV Holdings, LP
7.55% (3 Month Term SOFR + 2.95%, Rate Floor: 2.45%) due 09/15/26^{◊,†††}		1,490,277		1,484,172
6.38% (3 Month EURIBOR + 2.45%, Rate Floor: 2.45%) due 09/15/26^{◊,†††}	EUR	728,947		743,932
Project Onyx II
7.74% (3 Month Term SOFR + 2.80%, Rate Floor: 2.80%) due 01/26/27^{◊,†††}		1,282,905		1,271,774
Bib Merchant Voucher Receivables Ltd.
4.18% due 04/07/28^†††		571,881		558,718
Nassau LLC
2019-1, 3.98% due 08/15/34¹¹		491,959		456,333
Total Financial				44,677,034
Transport-Aircraft - 1.6%
AASET Trust
2024-1A, 6.26% due 05/16/49²		2,861,327		2,881,870
2021-2A, 2.80% due 01/15/47²		2,815,733		2,562,684
2021-1A, 2.95% due 11/16/41²		2,453,719		2,289,207
2020-1A, 3.35% due 01/16/40²		672,853		645,964
AASET Ltd.
2024-2A, 5.93% due 09/16/49²		3,931,052		3,907,531
Slam Ltd.
2024-1A, 5.34% due 09/15/49²		2,460,394		2,412,102
2021-1A, 2.43% due 06/15/46²		1,601,460		1,454,800
Navigator Aircraft ABS Ltd.
2021-1, 2.77% due 11/15/46²		4,179,837		3,840,864
Navigator Aviation Ltd.
2024-1, 5.40% due 08/15/49²		3,123,810		3,049,198
Lunar Structured Aircraft Portfolio Notes
2021-1, 2.64% due 10/15/46²		2,791,920		2,550,194
MACH 1 Cayman Ltd.
2019-1, 3.47% due 10/15/39²		1,758,385		1,688,999

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
ASSET-BACKED SECURITIES^†† - 22.0% (continued)
Transport-Aircraft - 1.6% (continued)
Castlelake Aircraft Structured Trust
2021-1A, 3.47% due 01/15/46²		1,754,540	$	1,686,030
Sapphire Aviation Finance II Ltd.
2020-1A, 3.23% due 03/15/40²		1,364,660		1,282,822
Sprite Ltd.
2021-1, 3.75% due 11/15/46²		1,329,340		1,270,917
AASET US Ltd.
2018-2A, 4.45% due 11/18/38²		983,225		963,577
Falcon Aerospace Ltd.
2019-1, 3.60% due 09/15/39²		809,303		764,732
2017-1, 4.58% due 02/15/42²		60,353		59,509
WAVE LLC
2019-1, 3.60% due 09/15/44²		564,022		528,663
MAPS Ltd.
2018-1A, 4.21% due 05/15/43²		342,059		339,841
Sapphire Aviation Finance I Ltd.
2018-1A, 4.25% due 03/15/40²		279,803		273,547
Castlelake Aircraft Securitization Trust
2018-1, 4.13% due 06/15/43²		247,902		235,507
Total Transport-Aircraft				34,688,558
Infrastructure - 1.5%
Stack Infrastructure Issuer LLC
2023-3A, 5.90% due 10/25/48²		3,000,000		3,026,995
2024-1A, 5.90% due 03/25/49²		1,250,000		1,270,652
2023-1A, 5.90% due 03/25/48²		1,000,000		1,008,588
2020-1A, 1.89% due 08/25/45²		1,000,000		979,589
VB-S1 Issuer LLC - VBTEL
2022-1A, 4.29% due 02/15/52²		2,500,000		2,401,215
2024-1A, 5.59% due 05/15/54²		2,350,000		2,353,462
2024-1A, 6.64% due 05/15/54²		1,250,000		1,270,006
Hotwire Funding LLC
2024-1A, 5.89% due 06/20/54²		1,950,000		1,969,611
2021-1, 2.31% due 11/20/51²		2,000,000		1,890,387
2023-1A, 5.69% due 05/20/53²		1,005,000		1,010,465
Switch ABS Issuer LLC
2024-2A, 5.44% due 06/25/54²		4,000,000		3,989,955
2024-1A, 6.28% due 03/25/54²		800,000		811,469
Aligned Data Centers Issuer LLC
2021-1A, 1.94% due 08/15/46²		3,350,000		3,184,628
SBA Tower Trust
1.84% due 04/15/27²		3,000,000		2,775,358
Vantage Data Centers Issuer LLC
2020-1A, 1.65% due 09/15/45²		1,366,000		1,333,983
2024-1A, 5.10% due 09/15/54²		1,100,000		1,079,540
Blue Stream Issuer LLC
2024-1A, 5.41% due 11/20/54²		1,000,000		1,001,608
Total Infrastructure				31,357,511
Net Lease - 1.3%
CF Hippolyta Issuer LLC
2022-1A, 6.11% due 08/15/62²		2,687,109		2,672,482
2020-1, 2.28% due 07/15/60²		674,589		653,934
CARS-DB4, LP
2020-1A, 3.81% due 02/15/50²		2,210,156		1,984,935
2020-1A, 4.95% due 02/15/50²		1,500,000		1,321,624
SVC ABS LLC
2023-1A, 5.15% due 02/20/53²		3,220,208		3,147,258
CMFT Net Lease Master Issuer LLC
2021-1, 3.44% due 07/20/51²		3,570,000		3,000,347
Oak Street Investment Grade Net Lease Fund Series
2020-1A, 2.26% due 11/20/50²		2,486,458		2,396,613
STORE Master Funding I-VII
2016-1A, 3.96% due 10/20/46²		2,416,662		2,346,067
CF Hippolyta LLC
2020-1, 2.60% due 07/15/60²		2,479,789		2,143,094
Capital Automotive REIT
2020-1A, 3.48% due 02/15/50²		1,227,865		1,173,860
2024-3A, 4.55% due 10/15/54²		697,813		651,794
STORE Master Funding LLC
2021-1A, 2.96% due 06/20/51²		1,965,000		1,598,664

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
ASSET-BACKED SECURITIES^†† - 22.0% (continued)
Net Lease - 1.3% (continued)
AFN ABSPROP001 LLC
2021-1A, 2.21% due 05/20/51²		1,525,736	$	1,356,213
Tenet Equity Funding LLC
2024-1A, 5.49% due 10/20/54²		999,596		984,173
CARS-DB5, LP
2021-1A, 2.76% due 08/15/51²		990,208		820,327
Store Master Funding I-VII XIV XIX XX XXIV XXII
2024-1A, 5.69% due 05/20/54²		498,333		501,632
Total Net Lease				26,753,017
Single Family Residence - 0.8%
Tricon Residential Trust
2021-SFR1, 2.34% due 07/17/38²		2,850,000		2,732,260
2023-SFR1, 5.10% due 07/17/40²		2,722,000		2,672,338
2023-SFR2, 5.00% due 12/17/40²		2,550,000		2,484,818
2024-SFR2, 5.70% due 06/17/40²		1,500,000		1,501,200
2024-SFR1, 4.75% due 04/17/41²		1,000,000		972,395
FirstKey Homes Trust
2020-SFR2, 2.67% due 10/19/37²		2,250,000		2,194,072
2020-SFR2, 4.00% due 10/19/37²		1,400,000		1,373,695
2020-SFR2, 4.50% due 10/19/37²		1,350,000		1,328,749
2020-SFR2, 3.37% due 10/19/37²		900,000		879,516
Home Partners of America Trust
2021-3, 2.80% due 01/17/41²		907,764		810,500
2021-2, 2.40% due 12/17/26²		480,281		452,007
Total Single Family Residence				17,401,550
Transport-Container - 0.5%
Textainer Marine Containers VII Ltd.
2020-1A, 2.73% due 08/21/45²		2,437,543		2,319,884
2021-2A, 2.23% due 04/20/46²		1,392,133		1,270,608
MC Ltd.
2021-1, 2.63% due 11/05/35²		2,796,082		2,577,685
TIF Funding III LLC
2024-1A, 5.48% due 04/20/49²		2,595,313		2,571,158
Textainer Marine Containers Ltd.
2021-3A, 1.94% due 08/20/46²		1,466,667		1,281,062
CLI Funding VI LLC
2020-1A, 2.08% due 09/18/45²		967,135		886,307
TIF Funding II LLC
2021-1A, 1.65% due 02/20/46²		652,531		576,688
Total Transport-Container				11,483,392
Collateralized Debt Obligations - 0.4%
Anchorage Credit Funding 4 Ltd.
2021-4A AR, 2.72% due 04/27/39²		7,250,000		6,731,562
Anchorage Credit Funding 13 Ltd.
2021-13A A2, 2.80% due 07/27/39²		1,000,000		946,194
Total Collateralized Debt Obligations				7,677,756
Insurance - 0.3%
Obra Longevity
8.48% due 06/30/39^†††		5,100,000		5,292,026
CHEST
7.13% due 03/15/43^†††		950,000		967,161
Total Insurance				6,259,187
Unsecured Consumer Loans - 0.2%
Foundation Finance Trust
2024-1A, 5.95% due 12/15/49²		2,220,000		2,244,768
Service Experts Issuer LLC
2024-1A, 6.39% due 11/20/35²		1,732,196		1,756,803
Stream Innovations Issuer Trust
2024-2A, 5.21% due 02/15/45²		920,694		917,557
Total Unsecured Consumer Loans				4,919,128
Asset Backed Securities - 0.2%
Akso Health Group
7.27% due 12/31/44		2,000,000		1,996,778
Endo Luxembourg Finance Co I SARL / Endo US, Inc.
7.40% due 09/30/45^†††		1,300,000		1,293,927
Total Asset Backed Securities				3,290,705
Automotive - 0.2%
Avis Budget Rental Car Funding AESOP LLC
2023-8A, 6.66% due 02/20/30²		1,800,000		1,874,189

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
ASSET-BACKED SECURITIES^†† - 22.0% (continued)
Automotive - 0.2% (continued)
2024-1A, 5.85% due 06/20/30²		1,300,000	$	1,308,127
Total Automotive				3,182,316
Total Asset-Backed Securities
(Cost $467,983,577)				463,761,563

SENIOR FLOATING RATE INTERESTS^††,◊ - 1.5%
Industrial - 0.6%
AS Mileage Plan Ltd.
6.66% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 10/15/31		5,250,000		5,268,375
Summit Materials LLC
6.15% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 01/12/29		2,736,216		2,736,708
XPO, Inc.
6.45% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 02/03/31		2,475,000		2,479,851
United Rentals, Inc.
6.11% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 02/14/31		1,488,750		1,499,544
SkyMiles IP Ltd.
8.37% (3 Month Term SOFR + 3.75%, Rate Floor: 4.75%) due 10/20/27		625,516		635,974
Standard Industries, Inc.
6.11% (1 Month Term SOFR + 1.75%, Rate Floor: 2.25%) due 09/22/28		481,465		482,177
Total Industrial				13,102,629
Financial - 0.4%
Citadel Securities, LP
6.33% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 10/31/31		5,227,543		5,239,410
Jefferies Finance LLC
7.36% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 10/21/31		2,000,000		2,006,260
Eagle Point Holdings Borrower LLC
8.38% (3 Month Term SOFR + 3.75%, Rate Floor: 4.75%) due 03/31/28^†††		1,150,000		1,150,000
Total Financial				8,395,670
Consumer, Cyclical - 0.2%
Wyndham Hotels & Resorts, Inc.
6.11% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 05/24/30		4,975,000		4,976,791
Utilities - 0.2%
NRG Energy, Inc.
6.60% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 04/16/31		2,977,500		2,977,262
Consumer, Non-cyclical - 0.1%
Southern Veterinary Partners LLC
7.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/30/31		1,006,918		1,012,960
HAH Group Holding Co. LLC
9.36% (1 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 09/24/31		259,303		258,979
Total Consumer, Non-cyclical				1,271,939
Energy - 0.0%
Venture Global Calcasieu Pass LLC
7.33% (1 Month Term SOFR + 2.88%, Rate Floor: 3.88%) due 08/19/26		363,895		363,894
Total Senior Floating Rate Interests
(Cost $30,956,474)				31,088,185

FEDERAL AGENCY BONDS^†† - 0.8%
Tennessee Valley Authority Principal Strips
due 06/15/38^5,8		9,400,000		4,701,871
due 01/15/48^5,8		9,700,000		2,800,477
due 01/15/38⁸		4,000,000		2,039,000
due 06/15/35^5,8		1,583,000		943,444

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
FEDERAL AGENCY BONDS^†† - 0.8% (continued)
due 12/15/42^5,8		1,600,000	$	622,685
Federal Farm Credit Bank
3.51% due 06/11/40		3,300,000		2,729,417
Tennessee Valley Authority
4.25% due 09/15/65		2,450,000		2,016,485
5.38% due 04/01/56		600,000		610,814
U.S. International Development Finance Corp.
due 01/17/26⁸		800,000		874,070
Total Federal Agency Bonds
(Cost $25,113,617)				17,338,263

MUNICIPAL BONDS^†† - 0.3%
Texas - 0.1%
Tarrant County Cultural Education Facilities Finance Corp. Revenue Bonds
3.29% due 09/01/40		2,100,000		1,628,767
2.78% due 09/01/34		700,000		568,253
2.69% due 09/01/33		500,000		412,780
2.41% due 09/01/31		450,000		383,109
Total Texas				2,992,909
California - 0.2%
California Statewide Communities Development Authority Revenue Bonds
7.14% due 08/15/47		1,180,000		1,245,285
2.68% due 02/01/39		1,200,000		895,514
Total California				2,140,799
Illinois - 0.0%
State of Illinois General Obligation Unlimited
5.65% due 12/01/38		388,889		390,930
Total Municipal Bonds
(Cost $6,524,898)				5,524,638

FOREIGN GOVERNMENT DEBT^†† - 0.1%
Panama Government International Bond
4.50% due 01/19/63		2,600,000		1,520,981
4.50% due 04/16/50		1,450,000		893,556
Total Foreign Government Debt
(Cost $4,200,768)				2,414,537

		Contracts/Notional Value
OTC OPTIONS PURCHASED^††,13 - 0.1%
Foreign Exchange Options
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $34,232,107)	EUR	21,609,000		342,126
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $34,232,106)	EUR	21,609,000		342,126
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $23,961,999)	EUR	15,126,000		240,173
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $12,050,703)	EUR	7,607,000		120,785
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $10,270,107)	EUR	6,483,000		102,938
BNP Paribas Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $1,984,952)	EUR	1,253,000		19,895
Total Foreign Exchange Options				1,168,043
Total OTC Options Purchased
(Cost $1,014,303)				1,168,043

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Contracts/Notional Value		Value
OTC INTEREST RATE SWAPTIONS PURCHASED^††,13 - 0.0%
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 3.60% (Notional Value $55,857,040)	GBP	44,600,000	$	229,875
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.48% (Notional Value $55,105,600)	GBP	44,000,000		134,300
Total Interest Rate Swaptions				364,175
Put Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.48% (Notional Value $55,105,600)	GBP	44,000,000		218,826
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.85% (Notional Value $55,857,040)	GBP	44,600,000		131,436
Total Interest Rate Swaptions				350,262
Total OTC Interest Rate Swaptions Purchased
(Cost $946,263)				714,437
Total Investments - 112.1%
(Cost $2,458,086,820)			$	2,359,993,732

OTC INTEREST RATE SWAPTIONS WRITTEN^,13 - (0.0)%
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 2.73% (Notional Value $55,105,600)	GBP	44,000,000		(66,935	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 3.10% (Notional Value $55,857,040)	GBP	44,600,000		(113,885	)
Total Interest Rate Swaptions				(180,820	)
Put Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.60% (Notional Value $55,857,040)	GBP	44,600,000		(188,791	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.23% (Notional Value $55,105,600)	GBP	44,000,000		(310,891	)
Total Interest Rate Swaptions				(499,682	)
Total OTC Interest Rate Swaptions Written
(Premiums received $830,810)				(680,502	)
Other Assets & Liabilities, net - (12.1)%				(255,006,170	)
Total Net Assets - 100.0%			$	2,104,307,060

Centrally Cleared Credit Default Swap Agreements Protection Purchased^††

Counterparty	Exchange	Index	Protection Premium Rate			Payment Frequency	Maturity Date	Notional Amount			Value			Upfront Premiums Received			Unrealized Appreciation (Depreciation)^**
BofA Securities, Inc.	ICE	ITRAXX.EUR.42.V1		1.00	%	Quarterly	12/20/29	EUR		4,750,000	$	(97,568	)	$	(100,672	)	$	3,104
BofA Securities, Inc.	ICE	CDX.NA.IG.43.V1		1.00	%	Quarterly	12/20/29		$	49,214,557		(1,098,504	)		(1,048,409	)		(50,095	)
											$	(1,196,072	)	$	(1,149,081	)	$	(46,991	)

OTC Credit Default Swap Agreements Protection Purchased^††

Counterparty	Index	Protection Premium Rate			Payment Frequency	Maturity Date	Notional Amount		Value			Upfront Premiums (Received)			Unrealized Appreciation (Depreciation)^**
Morgan Stanley Capital Services LLC	CDX.NA.HY.43.V1 (15-25%)		5.00	%	Quarterly	12/20/29	$	2,320,000	$	(116,508	)	$	(145,321	)	$	28,813
Morgan Stanley Capital Services LLC	CDX.NA.HY.43.V1 (25-35%)		5.00	%	Quarterly	12/20/29		2,320,000		(333,961	)		(349,096	)		15,135
									$	(450,469	)	$	(494,417	)	$	43,948

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

Centrally Cleared Interest Rate Swap Agreements^††

Counterparty	Exchange	Floating Rate Type	Floating Rate Index	Fixed Rate			Payment Frequency	Maturity Date	Notional Amount		Value			Upfront Premiums Paid		Unrealized Appreciation (Depreciation)^**
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.99	%	Annually	10/11/25	$	98,748,000	$	559,718		$	211	$	559,507
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.96	%	Annually	10/16/25		95,000,000		526,396			211		526,185
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.32	%	Annually	07/02/27		32,600,000		185,960			193		185,767
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.09	%	Annually	12/23/29		53,811,348		110,552			539		110,013
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.09	%	Annually	12/23/29		53,788,652		104,885			538		104,347
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		3.98	%	Annually	02/06/27		70,000,000		(155,182	)		332		(155,514	)
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		3.94	%	Annually	06/05/30		153,100,000		(206,788	)		16,429		(223,217	)
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		3.90	%	Annually	12/04/27		88,800,000		(402,736	)		508		(403,244	)
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		3.39	%	Annually	08/02/29		43,670,000		(468,649	)		375		(469,024	)
											$	254,156		$	19,336	$	234,820

Forward Foreign Currency Exchange Contracts^††

Counterparty

Currency

Type

Quantity

Contract Amount

Settlement Date

Unrealized Appreciation (Depreciation)

Nomura Global Financial Products, Inc.

EUR

Sell

3,890,000

4,083,886 USD

01/17/25

50,854

Bank of America, N.A.

EUR

Sell

605,000

638,270 USD

02/27/25

9,925

Barclays Bank plc

EUR

Sell

372,000

392,213 USD

02/27/25

5,859

Citibank, N.A.

GBP

Sell

120,000

152,115 USD

01/17/25

1,892

Barclays Bank plc

GBP

Buy

47,000

59,573 USD

01/17/25

(736

)

Bank of America, N.A.

GBP

Buy

66,000

83,753 USD

01/17/25

(1,130

)

66,664

OTC Interest Rate Swaptions Purchased

Counterparty/Description	Floating Rate Type	Floating Rate Index	Payment Frequency	Fixed Rate			Expiration Date	Exercise Rate		Swaption Notional Amount		Swaption Value
Call
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		3.60	%	10/31/25		3.60%	$	55,857,040	$	229,875
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		3.23	%	10/28/25		3.23%		55,105,600		134,300
												$	364,175
Put
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		4.48	%	10/28/25		4.48%	$	55,105,600	$	218,826
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		4.85	%	10/31/25		4.85%		55,857,040		131,436
												$	350,262

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

OTC Interest Rate Swaptions Written

Counterparty/Description	Floating Rate Type	Floating Rate Index	Payment Frequency	Fixed Rate			Expiration Date	Exercise Rate			Swaption Notional Amount		Swaption Value
Call
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		2.73	%	10/28/25		2.73	%	$	55,105,600	$	(66,935	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		3.10	%	10/31/25		3.10	%		55,857,040		(113,885	)
													$	(180,820	)
Put
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		4.60	%	10/31/25		4.60	%	$	55,857,040	$	(188,791	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		4.23	%	10/28/25		4.23	%		55,105,600		(310,891	)
													$	(499,682	)

^~	The face amount is denominated in U.S. dollars unless otherwise indicated.
^*	Non-income producing security.
^**	Includes cumulative appreciation (depreciation).
^***	A copy of each underlying unaffiliated fund's financial statements is available at the SEC's website at www.sec.gov.
^†	Value determined based on Level 1 inputs, unless otherwise noted — See Note 3.
^††	Value determined based on Level 2 inputs, unless otherwise noted — See Note 3.
^†††	Value determined based on Level 3 inputs — See Note 3.
^◊	Variable rate security. Rate indicated is the rate effective at December 31, 2024. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.
¹	Special Purpose Acquisition Company (SPAC).
²	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) securities is $781,518,768 (cost $808,656,352), or 37.1% of total net assets.
³	Rate indicated is the 7-day yield as of December 31, 2024.
⁴	Security is unsettled at period end and does not have a stated effective rate.
⁵	Security is a principal-only strip.
⁶	Security is an interest-only strip.
⁷	Security is a step up/down bond. The coupon increases or decreases at regular intervals until the bond reaches full maturity. Rate indicated is the rate at December 31, 2024. See table below for additional step information for each security.
⁸	Zero coupon rate security.
⁹	Security has a fixed rate coupon which will convert to a floating or variable rate coupon on a future date.
¹⁰	Perpetual maturity.
¹¹	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be illiquid and restricted under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) illiquid and restricted securities is $1,163,127 (cost $1,286,899), or 0.1% of total net assets — See Note 6.
¹²	Security has no stated coupon. However, it is expected to receive residual cash flow payments on defined deal dates.
¹³	Swaptions – See additional disclosure in the swaptions table above for more information on swaptions.

BofA — Bank of America

CDX.NA.HY.43,VI – Credit Default Swap North American High Yield Series 43 Index Version 1

CDX.NA.IG.43.V1 — Credit Default Swap North American Investment Grade Series 43 Index Version 1

CME — Chicago Mercantile Exchange

CMT — Constant Maturity Treasury

EUR — Euro

EURIBOR — European Interbank Offered Rate

GBP — British Pound

ICE — Intercontinental Exchange

ITRAXX.EUR.42.V1 — iTraxx Europe Series 42 Index Version 1

plc — Public Limited Company

REIT — Real Estate Investment Trust

SARL — Société à Responsabilité Limitée

SOFR — Secured Overnight Financing Rate

SONIA – Sterling Overnight Index Average

WAC — Weighted Average Coupon

See Sector Classification in Other Information section.

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

The following table summarizes the inputs used to value the Fund's investments at December 31, 2024 (See Note 3 in the Notes to Schedule of Investments):

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs			Total
Common Stocks	$	7,821	$	—	$	62		$	7,883
Preferred Stocks		—		33,568,974		—	*		33,568,974
Warrants		58		—		26			84
Money Market Funds		24,728,826		—		—			24,728,826
Collateralized Mortgage Obligations		—		687,567,417		3,755,501			691,322,918
U.S. Government Securities		—		603,595,719		—			603,595,719
Corporate Bonds		—		440,630,887		44,128,775			484,759,662
Asset-Backed Securities		—		410,443,397		53,318,166			463,761,563
Senior Floating Rate Interests		—		29,938,185		1,150,000			31,088,185
Federal Agency Bonds		—		17,338,263		—			17,338,263
Municipal Bonds		—		5,524,638		—			5,524,638
Foreign Government Debt		—		2,414,537		—			2,414,537
Options Purchased		—		1,168,043		—			1,168,043
Interest Rate Swaptions Purchased		—		714,437		—			714,437
Credit Default Swap Agreements**		—		47,052		—			47,052
Interest Rate Swap Agreements**		—		1,485,819		—			1,485,819
Forward Foreign Currency Exchange Contracts**		—		68,530		—			68,530
Total Assets	$	24,736,705	$	2,234,505,898	$	102,352,530		$	2,361,595,133

Investments in Securities (Liabilities)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Interest Rate Swaptions Written	$	—	$	680,502	$	—	$	680,502
Credit Default Swap Agreements**		—		50,095		—		50,095
Interest Rate Swap Agreements**		—		1,250,999		—		1,250,999
Forward Foreign Currency Exchange Contracts**		—		1,866		—		1,866
Total Liabilities	$	—	$	1,983,462	$	—	$	1,983,462

^*	Security has a market value of $0.
^**	This derivative is reported as unrealized appreciation/depreciation at period end.

The following is a summary of significant unobservable inputs used in the fair valuation of assets and liabilities categorized within Level 3 of the fair value hierarchy:

Category	Ending Balance at December 31, 2024		Valuation Technique	Unobservable Inputs	Input Range		Weighted Average*
Assets:
Asset-Backed Securities	$	23,603,266	Option adjusted spread off prior month end broker quote	Broker Quote		—		—
Asset-Backed Securities		14,105,482	Yield Analysis	Yield		5.6%-7.6%		7.1%
Asset-Backed Securities		12,115,491	Third Party Pricing	Broker Quote		—		—
Asset-Backed Securities		3,493,927	Third Party Pricing	Trade Price		—		—
Collateralized Mortgage Obligations		3,755,501	Option adjusted spread off prior month end broker quote	Broker Quote		—		—
Common Stocks		62	Model Price	Liquidation Value		—		—
Corporate Bonds		21,894,675	Option adjusted spread off prior month end broker quote	Broker Quote		—		—
Corporate Bonds		17,234,100	Yield Analysis	Yield		6.4%-9.4%		7.0%
Corporate Bonds		5,000,000	Third Party Pricing	Trade Price		—		—
Senior Floating Rate Interests		1,150,000	Yield Analysis	Yield		8.8%		—
Warrants		26	Model Price	Liquidation Value		—		—
Total Assets	$	102,352,530

Inputs are weighted by the fair value of the instruments.

Any remaining Level 3 securities held by the Fund and excluded from the table above, were not considered material to the Fund.

The Fund's fair valuation leveling guidelines classify a single daily broker quote, or a vendor price based on a single daily or monthly broker quote, as Level 3 rather than Level 2, if such a quote or price cannot be supported with other available market information.

Significant changes in a quote, yield or liquidation value would generally result in significant changes in the fair value of the security. Any remaining Level 3 securities held by the Fund and excluded from the table above, were not considered material to the Fund.

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

Summary of Fair Value Level 3 Activity

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value for the period ended December 31, 2024:

	Assets																		Liabilities
	Asset- Backed Securities			Collateralized Mortgage Obligations			Corporate Bonds			Senior Floating Rate Interests		Warrants		Common Stocks		Total Assets			Unfunded Loan Commitments
Beginning Balance	$	47,319,570		$	3,964,242		$	40,070,150		$	766,667	$	26	$	62	$	92,120,717		$	-
Purchases/(Receipts)		9,588,000			-			5,228,260			383,333		-		-		15,199,593			-
(Sales, maturities and paydowns)/Fundings		(2,853,009	)		(7,138	)		(138,748	)		-		-		-		(2,998,895	)		-
Amortization of premiums/discounts		2,895			(2,806	)		815			-		-		-		904			-
Total realized gains (losses) included in earnings		13,576			-			-			-		-		-		13,576			-
Total change in unrealized appreciation (depreciation) included in earnings		(752,866	)		(198,797	)		(1,031,702	)		-		-		-		(1,983,365	)		-
Transfers into Level 3					-			-			-		-		-					-
Transfers out of Level 3		-			-			-			-		-		-		-			-
Ending Balance	$	53,318,166		$	3,755,501		$	44,128,775		$	1,150,000	$	26	$	62	$	102,352,530		$	-
Net change in unrealized appreciation (depreciation) for investments in Level 3 securities still held at December 31, 2024	$	(752,866	)	$	(198,797	)	$	(1,031,702	)	$	-	$	-	$	-	$	(1,983,365	)	$	-

Step Coupon Bonds

Name	Coupon Rate at Next Reset Date			Next Rate Reset Date
Angel Oak Mortgage Trust 2024-4, 6.20% due 01/25/69		7.20	%		03/01/28
Angel Oak Mortgage Trust 2024-2, 6.25% due 01/25/69		7.25	%		01/01/28
Angel Oak Mortgage Trust 2024-3, 4.80% due 11/26/68		5.80	%		02/01/28
Angel Oak Mortgage Trust 2024-4, 6.50% due 01/25/69		7.50	%		03/01/28
Angel Oak Mortgage Trust 2024-4, 6.40% due 01/25/69		7.40	%		03/01/28
Angel Oak Mortgage Trust 2023-1, 4.75% due 09/26/67		5.75	%		01/01/27
BRAVO Residential Funding Trust 2024-NQM3, 6.39% due 03/25/64		7.39	%		03/01/28
BRAVO Residential Funding Trust 2023-NQM8, 7.10% due 10/25/63		8.10	%		11/01/27
BRAVO Residential Funding Trust 2024-CES1, 6.38% due 04/25/54		7.38	%		04/01/28
BRAVO Residential Funding Trust 2023-NQM2, 4.50% due 05/25/62		5.50	%		02/01/27
COLT Mortgage Loan Trust 2023-3, 7.18% due 09/25/68		8.18	%		09/01/27
COLT Mortgage Loan Trust 2024-1, 6.14% due 02/25/69		7.14	%		01/01/28
COLT Mortgage Loan Trust 2024-2, 6.13% due 04/25/69		7.13	%		03/01/28
COLT Mortgage Loan Trust 2024-2, 6.33% due 04/25/69		7.33	%		03/01/28
COLT Mortgage Loan Trust 2024-2, 6.43% due 04/25/69		7.43	%		03/01/28
COLT Mortgage Loan Trust 2023-3, 7.58% due 09/25/68		8.58	%		09/01/27
COLT Mortgage Loan Trust 2023-4, 7.62% due 10/25/68		8.62	%		10/01/27
Ellington Financial Mortgage Trust 2024-CES1, 5.52% due 01/26/60		6.52	%		12/01/28
GCAT Trust 2023-NQM3, 6.89% due 08/25/68		7.89	%		09/01/27
GCAT Trust 2024-NQM2, 6.54% due 06/25/59		7.71	%		05/01/28
GCAT Trust 2024-NQM2, 6.09% due 06/25/59		7.36	%		05/01/28
GCAT Trust 2023-NQM3, 7.34% due 08/25/68		8.34	%		09/01/27
JP Morgan Mortgage Trust 2024-NQM1, 5.85% due 02/25/64		6.85	%		12/01/28
LHOME Mortgage Trust 2024-RTL5, 5.32% due 09/25/39		6.32	%		03/25/27
Mill City Securities Ltd. 2024-RS1, 3.00% due 11/01/69		6.00	%		10/01/27

Core Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

Name	Coupon Rate at Next Reset Date			Next Rate Reset Date
Mill City Securities Ltd. 2024-RS2, 3.00% due 08/01/69		6.00	%		12/01/27
Morgan Stanley Residential Mortgage Loan Trust 2024-NQM3, 5.35% due 07/25/69		6.35	%		09/01/28
OBX Trust 2022-NQM8, 6.10% due 09/25/62		7.10	%		10/01/26
OBX Trust 2024-NQM3, 6.33% due 12/25/63		7.33	%		02/01/28
OBX Trust 2024-NQM8, 6.23% due 05/25/64		7.23	%		05/01/28
OBX Trust 2024-NQM8, 6.59% due 05/25/64		7.59	%		05/01/28
OBX Trust 2024-NQM7, 6.24% due 03/25/64		7.24	%		04/01/28
OBX Trust 2023-NQM9, 7.66% due 10/25/63		8.66	%		10/01/27
OBX Trust 2024-NQM5, 6.29% due 01/25/64		7.29	%		03/01/28
OBX Trust 2024-NQM2, 6.18% due 12/25/63		7.18	%		01/01/28
OBX Trust 2024-NQM3, 6.43% due 12/25/63		7.43	%		02/01/28
OBX Trust 2024-NQM4, 6.22% due 01/25/64		7.22	%		02/01/28
OBX Trust 2024-NQM6, 6.70% due 02/25/64		7.70	%		04/01/28
OBX Trust 2024-NQM7, 6.45% due 03/25/64		7.45	%		04/01/28
OBX Trust 2024-NQM5, 5.99% due 01/25/64		6.99	%		03/01/28
OBX Trust 2024-NQM5, 6.39% due 01/25/64		7.39	%		03/01/28
OBX Trust 2024-NQM7, 6.60% due 03/25/64		7.60	%		04/01/28
OBX Trust 2022-NQM9, 6.45% due 09/25/62		7.45	%		11/01/26
OBX Trust 2024-NQM3, 6.13% due 12/25/63		7.13	%		02/01/28
OBX Trust 2024-NQM6, 6.45% due 02/25/64		7.45	%		04/01/28
OBX Trust 2024-NQM6, 6.85% due 02/25/64		7.85	%		04/01/28
OBX Trust 2024-NQM15, 5.57% due 10/25/64		6.57	%		10/01/28
PRPM LLC 2023-RCF1, 4.00% due 06/25/53		5.00	%		06/25/27
RCKT Mortgage Trust 2024-CES4, 6.15% due 06/25/44		7.15	%		05/01/28
Verus Securitization Trust 2024-1, 6.12% due 01/25/69		7.12	%		01/01/28
Verus Securitization Trust 2023-7, 7.42% due 10/25/68		8.42	%		10/01/27
Verus Securitization Trust 2024-9, 5.89% due 11/25/69		6.89	%		12/01/28
Verus Securitization Trust 2023-2, 6.85% due 03/25/68		7.85	%		03/01/27
Vista Point Securitization Trust 2024-CES3, 5.68% due 01/25/55		6.68	%		12/01/28
Vista Point Securitization Trust 2024-CES2, 5.25% due 10/25/54		6.25	%		09/01/28

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Shares		Value
COMMON STOCKS^† - 0.5%
Industrial - 0.3%
API Heat Transfer Intermediate^*,†††		2,105	$	2,846,802
BP Holdco LLC^{*,†††,1}		244,278		296,099
YAK BLOCKER 2 LLC^*,†††		15,530		25,132
YAK BLOCKER 2 LLC^*,†††		14,354		23,229
Vector Phoenix Holdings, LP^*,†††		244,278		5,170
Targus, Inc.^*,†††		12,773		226
Targus, Inc.^*,†††		12,773		1
Total Industrial				3,196,659
Communications - 0.1%
Xplore Inc.^*,††		114,139		570,695
Consumer, Non-cyclical - 0.1%
Endo, Inc.^*		20,157		493,847
Consumer, Cyclical - 0.0%
SHO Holding I Corp.^*,†††		178		140,023
Energy - 0.0%
Permian Production Partners LLC^*,†††		401,481		3,356
Total Common Stocks
(Cost $4,798,995)				4,404,580

EXCHANGE-TRADED FUNDS^,† - 2.8%*
SPDR Blackstone Senior Loan ETF		602,210		25,130,223
Total Exchange-Traded Funds
(Cost $24,937,026)				25,130,223

MONEY MARKET FUND^,† - 2.9%*
Federated Hermes U.S. Treasury Cash Reserves Fund — Institutional Shares, 4.30%²		26,122,091		26,122,091
Total Money Market Fund
(Cost $26,122,091)				26,122,091

		Face Amount^~
SENIOR FLOATING RATE INTERESTS^††,◊ - 89.9%
Consumer, Cyclical - 18.0%
PetSmart LLC
8.21% (1 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 02/11/28		6,143,625		6,112,907
Eagle Parent Corp.
8.58% (3 Month Term SOFR + 4.25%, Rate Floor: 4.75%) due 04/02/29		6,199,688		6,070,858
American Tire Distributors, Inc.
11.86% (3 Month Term SOFR + 6.51%, Rate Floor: 7.26%) due 10/20/28^†††		6,825,000		3,071,250
13.84% (1 Month Term SOFR + 1.50%, Rate Floor: 4.50%) (in-kind rate was 8.00%) due 02/24/25^†††,3		2,181,894		2,203,713
11.43% (3 Month Term SOFR + 6.00%, Rate Floor: 6.00%) due 10/22/26^†††		545,238		507,071
10.82% (1 Month Term SOFR + 6.00%, Rate Floor: 6.00%) due 10/22/26^†††		272,619		253,536
Truck Hero, Inc.
7.97% (1 Month Term SOFR + 3.50%, Rate Floor: 4.25%) due 01/31/28		5,785,047		5,600,041
Congruex Group LLC
10.49% (3 Month Term SOFR + 5.75%, Rate Floor: 6.50%) due 05/03/29		6,964,293		5,336,389
Restaurant Brands
6.11% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 09/20/30		5,302,351		5,270,324
Petco Health And Wellness Company, Inc.
7.84% (3 Month Term SOFR + 3.25%, Rate Floor: 4.00%) due 03/03/28		5,179,248		5,021,177
Flutter Financing B.V.
6.08% (3 Month Term SOFR + 2.00%, Rate Floor: 2.50%) due 11/30/30		4,959,900		4,967,340
Peer Holding III BV
7.58% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/28/30		3,741,725		3,760,434
7.33% (3 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 07/01/31		990,000		994,019
Alterra Mountain Co.
7.11% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 08/17/28		4,649,672		4,675,849
Cedar Fair LP
6.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 05/01/31		4,477,500		4,484,485
Grant Thornton Advisors LLC
due 05/30/31		2,425,211		2,423,223
7.61% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 06/02/31		2,024,090		2,022,430
CCRR Parent, Inc.
9.03% (3 Month Term SOFR + 4.25%, Rate Floor: 5.00%) due 03/06/28		7,345,399		4,248,065
Entain Holdings (Gibraltar) Ltd.
6.93% (3 Month Term SOFR + 2.50%, Rate Floor: 3.00%) due 03/29/27		2,633,256		2,639,287
7.08% (3 Month Term SOFR + 2.75%, Rate Floor: 3.25%) due 10/31/29		1,592,000		1,595,311
Ontario Gaming GTA, LP
8.58% (3 Month Term SOFR + 4.25%, Rate Floor: 4.75%) due 08/01/30		3,938,127		3,943,758
Thevelia US LLC
7.58% (3 Month Term SOFR + 3.25%, Rate Floor: 3.75%) due 06/18/29		3,895,815		3,915,294
Caesars Entertainment, Inc.
6.61% (1 Month Term SOFR + 2.25%, Rate Floor: 2.75%) due 02/06/31		2,408,558		2,409,305
6.61% (1 Month Term SOFR + 2.25%, Rate Floor: 2.75%) due 02/06/30		1,398,250		1,397,663
Scientific Games Corp.
7.59% (3 Month Term SOFR + 3.00%, Rate Floor: 3.50%) due 04/04/29		3,687,615		3,693,146

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 89.9% (continued)
Consumer, Cyclical - 18.0% (continued)
BIFM CA Buyer, Inc.
8.11% (1 Month Term SOFR + 3.75%, Rate Floor: 4.25%) due 05/31/28		3,182,196	$	3,212,427
due 05/31/28		407,288		410,343
Galaxy US Opco, Inc.
9.34% (3 Month Term SOFR + 4.75%, Rate Floor: 5.25%) due 04/29/29		4,047,283		3,581,846
Prime Security Services Borrower LLC
6.77% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 10/13/30		2,271,806		2,285,221
6.52% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 10/15/30		1,287,644		1,289,652
Belron Finance US, LLC
7.27% (3 Month Term SOFR + 2.75%, Rate Floor: 3.25%) due 10/16/31		3,426,413		3,454,269
Paint Intermediate III LLC
7.52% (3 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 09/11/31		3,200,000		3,212,000
Life Time, Inc.
7.03% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 10/22/31		3,185,000		3,193,759
Rent-A-Center, Inc.
7.34% (3 Month Term SOFR + 2.75%, Rate Floor: 3.25%) due 02/17/28^†††		3,020,201		3,020,201
AmSpec Parent LLC
due 12/11/31		2,938,137		2,952,828
Apro LLC
8.27% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 07/09/31		2,643,375		2,666,505
TransNetwork LLC
9.08% (3 Month Term SOFR + 5.50%, Rate Floor: 6.00%) due 12/30/30^†††		2,478,722		2,491,116
AlixPartners, LLP
6.97% (1 Month Term SOFR + 2.50%, Rate Floor: 3.00%) due 02/04/28		2,455,495		2,462,665
Da Vinci Purchaser Corp.
7.86% (1 Month Term SOFR + 3.50%, Rate Floor: 4.50%) due 01/08/27		2,339,106		2,346,614
Crash Champions Inc.
9.27% (3 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 02/23/29		2,378,900		2,247,323
Packers Holdings LLC
7.71% (1 Month Term SOFR + 3.25%, Rate Floor: 4.00%) due 03/09/28		4,394,970		2,188,695
Seren BidCo AB
7.72% (3 Month SOFR + 3.15%, Rate Floor: 3.65%) due 11/16/28		2,134,000		2,146,889
Seaworld Parks & Entertainment, Inc.
6.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.50%) due 11/19/31		2,094,750		2,087,774
Clarios Global, LP
6.86% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 05/06/30		2,036,296		2,042,405
Holding Socotec SAS
due 06/02/28		2,020,000		2,025,050
Match Group, Inc.
6.27% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 02/13/27		2,000,000		1,995,000
EG Finco Ltd.
7.18% (3 Month EURIBOR + 4.50%, Rate Floor: 4.50%) due 02/07/28	EUR	1,706,122		1,769,375
8.61% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 02/07/28		138,385		139,827
due 02/07/28		70,000		70,538
Alexander Mann
10.67% (3 Month SOFR + 6.00%, Rate Floor: 6.00%) due 06/29/27		1,946,560		1,880,864
Sweetwater Sound
8.72% (1 Month Term SOFR + 4.25%, Rate Floor: 5.00%) due 08/07/28		1,871,780		1,876,459
First Brands Group LLC
9.85% (3 Month Term SOFR + 5.00%, Rate Floor: 6.00%) due 03/30/27		1,878,386		1,759,428
Frontdoor, Inc.
6.61% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 12/17/31		1,595,000		1,598,988

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 89.9% (continued)
Consumer, Cyclical - 18.0% (continued)
PCI Gaming Authority, Inc.
6.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 07/18/31		1,570,600	$	1,566,014
Bulldog Purchaser, Inc.
8.58% (3 Month Term SOFR + 4.25%, Rate Floor: 4.75%) due 06/30/31		1,185,824		1,192,738
due 06/30/31		360,000		362,099
Go Daddy Operating Company LLC
6.11% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 11/09/29		1,428,888		1,431,025
AAL Delaware Holdco, Inc.
7.86% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 07/30/31		1,386,525		1,394,331
Fertitta Entertainment LLC
7.86% (1 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 01/27/29		1,376,462		1,380,426
Michaels Stores, Inc.
8.84% (3 Month Term SOFR + 4.25%, Rate Floor: 5.00%) due 04/15/28		1,640,493		1,317,759
ImageFIRST Holdings LLC
8.58% (3 Month Term SOFR + 4.25%, Rate Floor: 5.00%) due 04/27/28^†††		1,227,600		1,227,600
Mavis Tire Express Services TopCo Corp.
7.86% (1 Month Term SOFR + 3.50%, Rate Floor: 4.25%) due 05/04/28		1,151,714		1,158,198
American Trailer World Corp.
8.21% (1 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 03/03/28		1,085,951		960,795
Station Casinos LLC
6.38% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 03/14/31		828,738		829,135
Dealer Tire LLC
7.86% (1 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 07/02/31		558,600		558,600
Hanesbrands, Inc.
8.11% (1 Month Term SOFR + 3.75%, Rate Floor: 4.25%) due 03/08/30^†††		542,087		546,153
CHG Healthcare Services, Inc.
8.28% (3 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 09/29/28		510,422		514,036
Hilton Worldwide Finance LLC
6.09% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 11/08/30		427,249		429,121
WW International, Inc.
7.97% (1 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 04/13/28		1,653,750		357,210
SHO Holding I Corp.
11.17% (1 Month Term SOFR + 6.50%, Rate Floor: 7.50%) due 06/30/29^†††		261,960		259,985
16.57% (1 Month Term SOFR + 4.50%, Rate Floor: 5.50%) (in-kind rate was 4.90%) due 06/30/29^†††,3		95,214		83,788
Total Consumer, Cyclical				162,593,949
Industrial - 17.2%
Arcline FM Holdings, LLC
9.31% ((3 Month Term SOFR + 4.50%) and (6 Month Term SOFR + 4.50%), Rate Floor: 5.25%) due 06/23/28		9,327,211		9,372,541
Pelican Products, Inc.
8.84% (3 Month Term SOFR + 4.25%, Rate Floor: 4.75%) due 12/29/28		8,890,558		7,965,940
Hunter Douglas, Inc.
8.02% (3 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 02/26/29		6,511,827		6,495,548
American Bath Group LLC
8.21% (3 Month Term SOFR + 3.85%, Rate Floor: 4.35%) due 11/23/27		6,178,227		6,009,005
Park River Holdings, Inc.
8.10% (3 Month Term SOFR + 3.25%, Rate Floor: 4.00%) due 12/28/27		5,908,104		5,753,016
White Cap Supply Holdings LLC
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/19/29		4,924,433		4,928,521
TransDigm, Inc.
6.83% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 02/28/31		3,191,169		3,195,477
6.83% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 01/19/32		1,526,175		1,528,556
Amentum Holdings, Inc.
6.61% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 09/29/31		4,664,732		4,645,280
Michael Baker International LLC
9.11% (1 Month Term SOFR + 4.75%, Rate Floor: 5.50%) due 12/01/28		4,629,604		4,644,094

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 89.9% (continued)
Industrial - 17.2% (continued)
Fugue Finance LLC
8.51% (3 Month Term SOFR + 4.00%, Rate Floor: 4.50%) due 01/31/28		2,093,586	$	2,110,167
8.26% (3 Month Term SOFR + 3.75%, Rate Floor: 4.25%) due 02/26/31		1,721,350		1,730,817
due 12/05/31		685,000		690,425
DXP Enterprises, Inc.
8.11% (1 Month Term SOFR + 3.75%, Rate Floor: 4.75%) due 10/11/30		4,440,920		4,487,194
DG Investment Intermediate Holdings 2, Inc.
8.22% (1 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 03/31/28		4,449,717		4,484,959
Duran Group Holding GmbH
8.55% (6 Month EURIBOR + 5.50%, Rate Floor: 5.50%) due 05/31/26^†††	EUR	4,527,760		4,363,089
LBM Acquisition LLC
8.30% (1 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 06/06/31		4,241,023		4,199,079
AS Mileage Plan Ltd.
6.66% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 10/15/31		4,100,000		4,114,350
Engineered Machinery Holdings, Inc.
8.34% (3 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 05/19/28		3,458,214		3,477,683
United Airlines, Inc.
6.63% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 02/22/31		3,348,266		3,354,260
Aegion Corp.
8.11% (1 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 05/17/28		3,298,303		3,318,093
Hobbs & Associates LLC
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 07/23/31		2,955,547		2,967,546
7.65% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 07/23/31		295,555		296,755
Mirion Technologies, Inc.
6.58% (3 Month Term SOFR + 2.25%, Rate Floor: 2.75%) due 10/20/28		3,065,287		3,073,901
Merlin Buyer, Inc.
9.08% (3 Month Term SOFR + 4.75%, Rate Floor: 5.25%) due 12/14/28		2,932,688		2,925,357
Protective Industrial Products, Inc.
8.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.75%) due 12/29/27		2,904,279		2,900,649
Mauser Packaging Solutions Holding Co.
7.59% (3 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 04/15/27		2,749,905		2,766,597
Genesee & Wyoming, Inc.
6.08% (3 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 04/10/31		2,683,275		2,675,359
Cube A&D Buyer, Inc.
8.13% (3 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 10/17/31		2,550,000		2,562,750
Engineering Research And Consulting LLC
9.51% (3 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 08/29/31^†††		2,550,000		2,524,500
Cognita Ltd.
8.82% (1 Month SOFR + 4.00%, Rate Floor: 4.50%) due 10/27/31^†††		2,470,500		2,495,205
EMRLD Borrower, LP
6.93% (6 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 05/31/30		2,448,965		2,456,190
Quikrete Holdings, Inc.
6.61% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 03/19/29		2,354,849		2,352,141
Foundation Building Materials Holding Company LLC
8.59% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 01/29/31		2,282,750		2,243,669
Anchor Packaging LLC
8.32% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 07/18/29		2,224,425		2,239,718
Brown Group Holding LLC
6.86% (1 Month Term SOFR + 2.50%, Rate Floor: 3.00%) due 07/01/31		2,001,459		2,007,403
7.00% ((1 Month Term SOFR + 2.50%) and (3 Month Term SOFR + 2.50%), Rate Floor: 3.00%) due 07/01/31		186,564		186,978

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 89.9% (continued)
Industrial - 17.2% (continued)
API Heat Transfer
12.66% (3 Month Term SOFR + 8.00%, Rate Floor: 11.00%) due 11/12/27^†††		1,372,793	$	1,372,794
9.66% (3 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 11/10/27^†††		794,551		794,551
STS Operating, Inc.
8.46% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 03/25/31		2,000,880		2,004,882
Artera Services LLC
8.83% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 02/15/31		1,940,338		1,920,391
StandardAero
6.61% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 10/31/31		1,850,000		1,856,937
Jefferies Finance LLC
due 10/09/31		1,735,000		1,743,675
ASP Dream Acquisiton Co. LLC
8.71% (1 Month Term SOFR + 4.25%, Rate Floor: 5.00%) due 12/15/28		1,690,170		1,700,733
Air Canada
6.34% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 03/21/31		1,647,550		1,652,707
Albion Financing 3 SARL
9.10% (3 Month Term SOFR + 4.25%, Rate Floor: 4.75%) due 08/16/29		1,604,444		1,617,810
CPM Holdings, Inc.
9.05% (1 Month Term SOFR + 4.50%, Rate Floor: 5.00%) due 09/28/28		1,560,265		1,509,993
Madison Safety & Flow LLC
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 09/26/31		1,365,365		1,374,321
Bleriot US Bidco LLC
7.08% (3 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 10/31/30		1,307,163		1,313,084
TricorBraun Holdings, Inc.
7.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 03/03/28		1,259,367		1,257,314
GFL Environmental, Inc.
6.61% (3 Month Term SOFR + 2.00%, Rate Floor: 2.50%) due 07/03/31		1,236,900		1,238,248
ProAmpac PG Borrower LLC
8.60% (3 Month Term SOFR + 4.00%, Rate Floor: 4.75%) due 09/15/28		1,215,660		1,218,091
FCG Acquisitions, Inc.
8.22% (1 Month Term SOFR + 3.75%, Rate Floor: 4.25%) due 03/31/28		1,166,977		1,173,395
Standard Industries, Inc.
6.11% (1 Month Term SOFR + 1.75%, Rate Floor: 2.25%) due 09/22/28		844,684		845,934
Savage Enterprises LLC
7.30% (1 Month Term SOFR + 2.75%, Rate Floor: 3.25%) due 09/15/28		769,243		774,989
MI Windows And Doors LLC
7.36% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 03/28/31		726,350		732,604
SiteOne Landscaping Supply Holding LLC
6.27% (1 Month Term SOFR + 1.75%, Rate Floor: 2.25%) due 03/23/30		698,250		698,250
American Residential Services LLC
7.97% (1 Month Term SOFR + 3.50%, Rate Floor: 4.25%) due 10/15/27^†††		562,073		566,288
Osmose Utility Services, Inc.
7.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.75%) due 06/23/28		478,901		479,202
Total Industrial				155,389,005
Consumer, Non-cyclical -14.1%
VC GB Holdings I Corp.
8.09% (3 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 07/21/28		7,195,804		7,190,263
National Mentor Holdings, Inc.
8.20% ((1 Month Term SOFR + 3.75%) and (3 Month Term SOFR + 3.75%), Rate Floor: 4.50%) due 03/02/28		6,381,674		6,315,176
8.18% (3 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 03/02/28		211,372		209,170
Bombardier Recreational Products, Inc.
7.11% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 01/22/31		6,353,967		6,354,857
Medical Solutions Parent Holdings, Inc.
8.19% (3 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 11/01/28		9,052,117		6,349,064

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 89.9% (continued)
Consumer, Non-cyclical -14.1% (continued)
Weber-Stephen Products LLC
7.72% (1 Month Term SOFR + 3.25%, Rate Floor: 4.00%) due 10/30/27		6,279,733	$	6,250,281
Quirch Foods Holdings LLC
9.64% (3 Month Term SOFR + 5.00%, Rate Floor: 6.00%) due 10/27/27		6,532,861		6,075,561
Dermatology Intermediate Holdings III, Inc.
8.84% (3 Month Term SOFR + 4.25%, Rate Floor: 4.75%) due 03/30/29		5,110,554		4,919,726
PlayCore
9.09% (3 Month Term SOFR + 4.50%, Rate Floor: 5.50%) due 02/20/30		4,809,745		4,850,339
HAH Group Holding Co. LLC
9.36% (1 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 09/24/31		4,755,388		4,749,443
Agiliti
7.38% ((3 Month Term SOFR + 3.00%) and (6 Month Term SOFR + 3.00%), Rate Floor: 3.00%) due 05/01/30		4,534,646		4,443,953
TGP Holdings LLC
7.71% (1 Month Term SOFR + 3.25%, Rate Floor: 4.00%) due 06/29/28		4,534,352		4,409,159
Chefs' Warehouse, Inc.
7.86% (1 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 08/23/29		4,191,208		4,212,164
Midwest Veterinary Partners LLC
8.39% (3 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 04/27/28		4,159,535		4,164,734
Froneri US, Inc.
6.36% (3 Month Term SOFR + 2.00%, Rate Floor: 2.50%) due 09/30/31		4,161,561		4,162,310
Grifols Worldwide Operations USA, Inc.
6.74% (3 Month Term SOFR + 2.00%, Rate Floor: 3.00%) due 11/15/27		4,105,658		4,084,103
Del Monte Foods, Inc.
14.62% (3 Month Term SOFR + 8.00%, Rate Floor: 8.00%) (in-kind rate was 2.00%) due 08/02/28³		2,076,931		2,064,470
8.85% (3 Month Term SOFR + 4.25%, Rate Floor: 4.75%) due 08/01/28		3,346,283		1,996,058
Outcomes Group Holdings, Inc.
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 05/06/31		3,868,814		3,905,568
Hayward Industries, Inc.
6.97% (1 Month Term SOFR + 2.50%, Rate Floor: 3.00%) due 05/30/28		3,537,336		3,551,697
Perrigo Investments LLC
6.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.50%) due 04/20/29		3,141,690		3,147,188
Resonetics LLC
8.37% (3 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 06/18/31		3,002,218		3,018,009
CHG PPC Parent LLC
7.47% (1 Month Term SOFR + 3.00%, Rate Floor: 3.50%) due 12/08/28		2,880,795		2,893,413
Topgolf Callaway Brands Corp.
7.36% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 03/15/30		2,714,400		2,699,688
Balrog Acquisition, Inc.
9.28% (3 Month Term SOFR + 4.50%, Rate Floor: 5.25%) due 09/05/28^†††		2,556,329		2,562,720
Elanco Animal Health, Inc.
6.40% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 08/01/27		2,515,167		2,510,841
Midwest Physician Administrative Services
7.59% (3 Month Term SOFR + 3.00%, Rate Floor: 3.75%) due 03/12/28		2,461,777		2,323,007
Summit Behavioral Healthcare LLC
8.76% (3 Month Term SOFR + 4.25%, Rate Floor: 5.00%) due 11/24/28^†††		2,664,793		2,131,835
Cambrex Corp.
7.96% (1 Month Term SOFR + 3.50%, Rate Floor: 4.25%) due 12/04/26		2,083,573		2,080,593
Pacific Dental Services LLC
7.13% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 03/15/31		1,890,713		1,901,641
Hanger, Inc.
7.86% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 10/23/31		1,807,300		1,823,114
Energizer Holdings, Inc.
6.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 12/22/27		1,797,875		1,799,565

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 89.9% (continued)
Consumer, Non-cyclical -14.1% (continued)
Heritage Grocers Group LLC
11.18% (3 Month Term SOFR + 6.75%, Rate Floor: 7.50%) due 08/01/29		1,877,666	$	1,779,877
Blue Ribbon LLC
10.85% (3 Month Term SOFR + 6.00%, Rate Floor: 6.75%) due 05/08/28		2,405,128		1,611,436
IVI America LLC
8.83% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 04/09/31		1,494,520		1,503,860
Nomad Foods Ltd.
6.97% (6 Month Term SOFR + 2.50%, Rate Floor: 3.00%) due 11/12/29		1,039,500		1,041,662
Aramark Services, Inc.
6.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 06/22/30		997,468		1,001,957
Upstream Newco, Inc.
9.10% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 11/20/26		723,750		596,435
Mamba Purchaser, Inc.
7.36% (3 Month Term SOFR + 3.25%, Rate Floor: 3.75%) due 10/16/28		309,062		310,850
Total Consumer, Non-cyclical				126,995,787
Technology - 13.8%
CoreLogic, Inc.
7.97% (1 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 06/02/28		8,434,951		8,317,452
Athenahealth Group, Inc.
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.75%) due 02/15/29		6,004,832		6,011,257
Polaris Newco LLC
8.85% (3 Month Term SOFR + 4.00%, Rate Floor: 4.50%) due 06/02/28		5,893,401		5,899,412
CACI International, Inc.
6.29% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 10/30/31		5,500,000		5,503,465
Boxer Parent Co., Inc.
8.34% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 07/30/31		5,119,864		5,157,699
Wrench Group LLC
8.59% (3 Month Term SOFR + 4.00%, Rate Floor: 5.00%) due 10/30/28		5,343,348		5,116,255
DCert Buyer, Inc.
8.36% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 10/16/26		5,134,211		4,919,241
Planview Parent, Inc.
8.10% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 12/17/27		4,763,568		4,801,295
Xerox Corp.
8.34% ((1 Month Term SOFR + 4.00%) and (3 Month Term SOFR + 4.00%), Rate Floor: 4.50%) due 11/17/29		4,647,543		4,634,948
Ascend Learning LLC
7.96% (1 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 12/11/28		4,574,379		4,594,415
Atlas CC Acquisition Corp.
9.03% (3 Month Term SOFR + 4.25%, Rate Floor: 5.00%) due 05/25/28		6,666,370		4,453,135
Conair Holdings LLC
8.22% (1 Month Term SOFR + 3.75%, Rate Floor: 4.25%) due 05/17/28		4,891,328		4,380,380
Iron Mountain Information Management Services, Inc.
6.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 01/31/31		4,324,090		4,317,344
Sabre GLBL, Inc.
9.46% (1 Month Term SOFR + 5.00%, Rate Floor: 5.50%) due 06/30/28		3,296,299		3,204,267
10.46% (1 Month Term SOFR + 6.00%, Rate Floor: 7.50%) due 11/15/29		699,700		694,452
7.97% (1 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 12/17/27		343,832		333,517
CCC Intelligent Solutions, Inc.
6.72% (1 Month Term SOFR + 2.25%, Rate Floor: 2.75%) due 09/21/28		3,870,251		3,881,320
Taxware Holdings (Sovos Compliance LLC)
8.97% (1 Month Term SOFR + 4.50%, Rate Floor: 5.00%) due 08/11/28		3,688,798		3,711,005
Cloud Software Group, Inc.
7.83% (3 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 03/29/29		3,638,851		3,646,711
Pushpay USA, Inc.
8.83% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 08/15/31^†††		3,224,175		3,240,296
Peraton Corp.
8.21% (1 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 02/01/28		3,429,093		3,184,050

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 89.9% (continued)
Technology - 13.8% (continued)
Indicor LLC
7.19% (3 Month Term SOFR + 3.25%, Rate Floor: 3.75%) due 11/22/29		3,024,208	$	3,037,228
Azalea TopCo
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 04/30/31		2,943,324		2,948,858
RealPage, Inc.
7.59% (3 Month Term SOFR + 3.00%, Rate Floor: 3.50%) due 04/24/28		2,940,316		2,931,642
Modena Buyer LLC
8.86% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 07/01/31		2,644,415		2,553,738
Instructure Holdings, Inc.
7.52% (3 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 09/12/31		2,531,602		2,538,716
DS Admiral Bidco LLC
8.61% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 06/26/31		2,618,070		2,532,983
Blackhawk Network Holdings, Inc.
9.36% (1 Month Term SOFR + 5.00%, Rate Floor: 6.00%) due 03/12/29		2,477,550		2,504,976
Zuora, Inc.
due 12/12/31		2,247,291		2,236,054
Central Parent LLC
7.58% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 07/06/29		2,096,521		2,065,346
Project Ruby Ultimate Parent Corp.
7.47% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 03/10/28		1,094,550		1,098,425
7.72% (3 Month Term SOFR + 3.61%, Rate Floor: 3.61%) due 03/10/28		905,450		909,036
Epicor Software
7.11% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 05/30/31		1,895,338		1,907,374
Dye & Durham Corp.
8.43% (3 Month Term SOFR + 4.00%, Rate Floor: 5.00%) due 04/11/31		1,431,964		1,445,683
World Wide Technology Holding Co. LLC
6.79% (1 Month Term SOFR + 2.25%, Rate Floor: 2.75%) due 03/01/30^†††		1,387,239		1,388,973
Gen Digital, Inc.
6.11% (1 Month Term SOFR + 1.75%, Rate Floor: 2.25%) due 09/12/29		1,237,578		1,232,591
Leia Finco US LLC
7.89% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/09/31		1,088,047		1,086,175
E2open LLC
7.97% (1 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 02/04/28		847,806		850,985
Waystar Technologies, Inc.
due 10/22/29		816,290		818,674
Imprivata, Inc.
8.09% (3 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 12/01/27		633,827		636,996
Sabre GLBL, Inc.
10.46% (1 Month Term SOFR + 6.00%, Rate Floor: 7.50%) due 11/15/29^†††		304,756		297,137
Total Technology				125,023,506
Financial - 12.2%
USI, Inc.
6.58% (3 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 11/22/29		5,439,363		5,425,112
6.58% (3 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 09/27/30		1,478,885		1,474,818
Citadel Securities, LP
6.33% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 10/31/31		6,380,856		6,395,340
Apex Group Treasury LLC
8.96% (6 Month Term SOFR + 3.75%, Rate Floor: 4.25%) due 07/27/28		3,386,250		3,414,830
9.08% (6 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 07/27/28		2,058,158		2,074,458
Nexus Buyer LLC
8.36% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 07/31/31		5,127,871		5,140,691
AmWINS Group, Inc.
6.72% (1 Month Term SOFR + 2.25%, Rate Floor: 3.00%) due 02/19/28		5,009,557		5,022,281
Worldpay
6.83% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 01/31/31		4,917,675		4,937,149
Jane Street Group, LLC
6.40% (3 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 01/26/28		4,777,995		4,771,449

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 89.9% (continued)
Financial - 12.2% (continued)
Orion Advisor Solutions, Inc.
8.34% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 09/24/30		4,139,907	$	4,174,186
Asurion LLC
8.61% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 09/19/30		3,938,189		3,924,130
Duff & Phelps
8.08% (3 Month Term SOFR + 3.75%, Rate Floor: 4.75%) due 04/09/27		4,004,951		3,909,833
HighTower Holding LLC
8.07% (3 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 04/21/28		3,826,024		3,840,371
Cobham Ultra SeniorCo SARL
9.24% (6 Month Term SOFR + 3.75%, Rate Floor: 4.25%) due 08/03/29		3,674,924		3,657,872
Corpay, Inc.
6.11% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 04/28/28		3,650,000		3,644,124
Trans Union LLC
6.11% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 06/24/31		3,267,540		3,260,384
Focus Financial Partners LLC
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 09/15/31		3,214,348		3,241,252
Virtu Financial
7.11% (1 Month Term SOFR + 2.75%, Rate Floor: 3.25%) due 06/21/31		3,085,000		3,090,800
Franklin Square Holdings, LP
6.61% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 04/25/31		2,707,136		2,720,672
Tegra118 Wealth Solutions, Inc.
8.52% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 02/18/27		2,776,844		2,656,218
Eisner Advisory Group
8.36% (1 Month Term SOFR + 4.00%, Rate Floor: 4.50%) due 02/28/31		2,520,771		2,544,189
Delos Aircraft Leasing
6.08% (3 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 10/31/27		2,508,571		2,516,198
Alliant Holdings Intermediate LLC
7.11% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 09/19/31		2,492,159		2,496,047
Ryan Specialty LLC
6.61% (1 Month Term SOFR + 2.25%, Rate Floor: 3.00%) due 09/15/31		2,472,732		2,478,914
Harbourvest Partners LP
6.58% (3 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 04/18/30^†††		2,453,256		2,456,322
Jefferies Finance LLC
7.36% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 10/21/31		2,380,000		2,387,449
Franchise Group, Inc.
10.39% (3 Month Term SOFR + 4.75%, Rate Floor: 5.50%) due 03/10/26		4,096,986		2,345,525
Pex Holdings LLC
7.08% (3 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 11/19/31		2,030,000		2,037,613
Starwood Property Mortgage LLC
due 12/12/29		2,006,601		1,999,077
Assetmark Financial Holdings, Inc.
7.08% (3 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 09/05/31		1,800,000		1,805,058
Alter Domus
8.12% (3 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 07/17/31		1,758,919		1,770,792
GIP Pilot Acquisition Partners, LP
7.09% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 10/04/30		1,598,989		1,606,984
CPI Holdco B LLC
6.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 05/17/31		1,610,963		1,606,355
Aretec Group, Inc.
7.86% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 08/09/30		1,599,323		1,605,656
Ardonagh Midco 3 plc
8.51% ((3 Month Term SOFR + 3.75%) and (6 Month Term SOFR + 3.75%), Rate Floor: 3.75%) due 02/15/31		1,532,912		1,540,577
FleetCor Technologies Operating Company LLC
6.11% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 04/28/28		1,500,000		1,504,267

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 89.9% (continued)
Financial - 12.2% (continued)
Franchise Group, Inc.
13.60% (1 Month Term SOFR + 9.00%, Rate Floor: 10.00%) due 04/30/25^†††		1,034,412	$	1,034,412
Total Financial				110,511,405
Communications - 6.8%
CSC Holdings LLC
8.90% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 01/18/28		6,643,739		6,503,489
Virgin Media Bristol LLC
7.01% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 01/31/28		6,016,233		5,968,584
Titan AcquisitionCo New Zealand Ltd. (Trade Me)
8.59% (3 Month Term SOFR + 4.00%, Rate Floor: 4.50%) due 10/18/28		5,898,726		5,909,815
McGraw Hill LLC
8.33% (3 Month Term SOFR + 4.00%, Rate Floor: 4.50%) due 08/06/31		5,416,181		5,472,617
SBA Senior Finance II LLC
6.11% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 01/25/31		5,030,303		5,028,593
Zayo Group Holdings, Inc.
8.61% (1 Month Term SOFR + 4.25%, Rate Floor: 4.75%) due 03/09/27		3,890,000		3,643,957
7.47% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 03/09/27		1,148,468		1,073,335
Speedster Bidco GMBH
due 10/17/31		4,214,142		4,221,180
Altice France SA
10.16% (3 Month Term SOFR + 5.50%, Rate Floor: 5.50%) due 08/15/28		4,868,205		3,893,347
Charter Communications Operating LLC
6.59% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 12/07/30		3,217,500		3,205,788
Level 3 Financing, Inc.
10.92% (1 Month Term SOFR + 6.56%, Rate Floor: 6.56%) due 04/15/30		1,298,730		1,322,107
10.92% (1 Month Term SOFR + 6.56%, Rate Floor: 6.56%) due 04/15/29		1,289,271		1,312,800
Playtika Holding Corp.
7.22% (1 Month Term SOFR + 2.75%, Rate Floor: 3.75%) due 03/13/28		2,591,009		2,595,595
Midcontinent Communications
6.90% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 08/16/31		2,493,750		2,504,673
Cengage Learning, Inc.
7.96% ((1 Month Term SOFR + 3.50%) and (3 Month Term SOFR + 3.50%), Rate Floor: 4.50%) due 03/24/31		2,339,550		2,348,955
Xplore, Inc.
6.00% (1 Month Term SOFR + 1.50%, Rate Floor: 1.50%) due 10/24/31		2,024,633		1,639,953
9.47% (1 Month Term SOFR + 1.50%, Rate Floor: 1.50%) (in-kind rate was 3.50%) due 10/23/29³		565,050		555,162
LCPR Loan Financing LLC
8.26% (1 Month Term SOFR + 3.75%, Rate Floor: 4.75%) due 10/16/28		1,848,896		1,652,451
UFC Holdings LLC
6.77% (3 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 11/21/31		1,425,000		1,431,156
UPC Broadband Holding BV
7.44% (1 Month Term SOFR + 2.93%, Rate Floor: 2.93%) due 01/31/29		1,216,614		1,221,590
Total Communications				61,505,147
Basic Materials - 3.5%
Arsenal AIC Parent LLC
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 08/18/30		4,961,936		4,997,910
CTEC III GmbH
6.41% (3 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 03/16/29	EUR	4,607,000		4,757,177
Discovery Purchaser Corp.
8.95% (3 Month Term SOFR + 4.36%, Rate Floor: 4.86%) due 10/04/29		3,721,517		3,738,264
NIC Acquisition Corp.
8.34% (3 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 12/29/27		3,528,762		3,147,938
Illuminate Buyer LLC
7.36% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 12/31/29		2,859,367		2,884,844
LSF11 A5 HoldCo LLC
7.97% (1 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 10/15/28		2,514,680		2,527,254

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 89.9% (continued)
Basic Materials - 3.5% (continued)
Platform Specialty Products
6.11% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 12/18/30		2,336,444	$	2,338,103
Vantage Specialty Chemicals, Inc.
9.11% (1 Month Term SOFR + 4.75%, Rate Floor: 5.25%) due 10/26/26		2,229,500		2,196,057
Nouryon USA LLC
7.66% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 04/03/28		1,341,475		1,355,454
Trinseo Materials Operating S.C.A.
7.28% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 05/03/28		1,544,000		1,012,293
SCIH Salt Holdings, Inc.
7.57% (3 Month Term SOFR + 3.00%, Rate Floor: 3.75%) due 03/16/27		870,000		871,418
TPC Group, Inc.
10.11% (3 Month Term SOFR + 5.75%, Rate Floor: 5.75%) due 11/22/31		790,000		785,063
GrafTech Finance, Inc.
due 11/04/29		670,035		670,035
A-AP Buyer, Inc.
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 09/09/31		650,000		654,062
Total Basic Materials				31,935,872
Energy - 2.7%
BANGL LLC
9.09% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 02/01/29		4,119,422		4,143,892
Par Petroleum LLC
8.33% (3 Month Term SOFR + 3.75%, Rate Floor: 4.25%) due 02/28/30		3,600,383		3,586,881
AL GCX Holdings LLC
7.26% (1 Month Term SOFR + 2.75%, Rate Floor: 3.25%) due 05/17/29		3,486,860		3,501,679
TransMontaigne Operating Company, LP
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.75%) due 11/17/28		2,527,716		2,546,269
WhiteWater DBR HoldCo LLC
6.63% (3 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 03/03/31		1,860,338		1,867,891
ITT Holdings LLC
7.11% (1 Month Term SOFR + 2.75%, Rate Floor: 3.25%) due 10/11/30		1,782,505		1,790,972
CVR Energy, Inc.
due 12/30/27		1,690,000		1,690,000
Traverse Midstream Partners LLC
7.59% (3 Month Term SOFR + 3.00%, Rate Floor: 3.50%) due 02/16/28		1,626,172		1,632,270
Buckeye Partners, LP
6.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 11/22/30		821,378		821,468
6.11% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 11/01/26		699,625		699,234
Bip PipeCo Holdings LLC
6.84% (3 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 12/06/30		1,279,044		1,281,602
Permian Production Partners LLC
12.47% (1 Month Term SOFR + 6.00%, Rate Floor: 7.00%) (in-kind rate was 2.00%) due 11/24/25³		492,718		487,790
Total Energy				24,049,948
Utilities - 1.6%
Calpine Construction Finance Company, LP
6.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 07/31/30		4,965,050		4,949,857
UGI Energy Services LLC
6.86% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 02/22/30		4,088,962		4,103,437
NRG Energy, Inc.
6.60% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 04/16/31		2,692,829		2,692,614
TerraForm Power Operating LLC
6.93% (3 Month Term SOFR + 2.50%, Rate Floor: 3.00%) due 05/21/29		2,533,582		2,535,685
Total Utilities				14,281,593
Total Senior Floating Rate Interests
(Cost $833,797,367)				812,286,212

CORPORATE BONDS^†† - 4.0%
Consumer, Non-cyclical -1.4%
Sotheby's
7.38% due 10/15/27⁴		2,875,000		2,842,957
Cheplapharm Arzneimittel GmbH
5.50% due 01/15/28⁴		2,975,000		2,694,733
ADT Security Corp.
4.13% due 08/01/29⁴		2,875,000		2,643,353
Tenet Healthcare Corp.
4.38% due 01/15/30		2,800,000		2,600,657
HCA, Inc.
4.50% due 02/15/27		1,500,000		1,485,891

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
CORPORATE BONDS^†† - 4.0% (continued)
Consumer, Non-cyclical -1.4% (continued)
WW International, Inc.
4.50% due 04/15/29⁴		2,875,000	$	573,836
Total Consumer, Non-cyclical				12,841,427
Communications - 1.0%
VZ Secured Financing B.V.
5.00% due 01/15/32⁴		3,500,000		3,095,602
Altice France S.A.
5.50% due 10/15/29⁴		2,850,000		2,134,727
McGraw-Hill Education, Inc.
5.75% due 08/01/28⁴		1,575,000		1,537,772
LCPR Senior Secured Financing DAC
6.75% due 10/15/27⁴		1,583,000		1,432,298
Level 3 Financing, Inc.
11.00% due 11/15/29⁴		899,070		1,011,381
Total Communications				9,211,780
Industrial - 0.7%
New Enterprise Stone & Lime Company, Inc.
5.25% due 07/15/28⁴		2,875,000		2,777,343
GrafTech Global Enterprises, Inc.
9.88% due 12/23/29⁴		2,120,000		1,886,800
Brundage-Bone Concrete Pumping Holdings, Inc.
6.00% due 02/01/26⁴		1,412,000		1,411,193
Total Industrial				6,075,336
Consumer, Cyclical - 0.5%
Fertitta Entertainment LLC / Fertitta Entertainment Finance Company, Inc.
4.63% due 01/15/29⁴		5,000,000		4,633,399
Basic Materials - 0.2%
WR Grace Holdings LLC
4.88% due 06/15/27⁴		1,975,000		1,913,888
Mirabela Nickel Ltd.
due 06/24/19^{†††,5,6}		1,279,819		6,399
Total Basic Materials				1,920,287
Financial - 0.2%
Hunt Companies, Inc.
5.25% due 04/15/29⁴		1,850,000		1,753,521
Total Corporate Bonds
(Cost $42,098,077)				36,435,750

COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 0.9%
Residential Mortgage-Backed Securities - 0.9%
RALI Series Trust
2006-QO6, 4.81% (1 Month Term SOFR + 0.47%, Rate Floor: 0.36%) due 06/25/46^◊		10,472,375		2,280,463
2006-QO2, 4.89% (1 Month Term SOFR + 0.55%, Rate Floor: 0.44%) due 02/25/46^◊		416,751		72,075
Washington Mutual Mortgage Pass-Through Certificates Trust
2007-OA6, 5.64% (1 Year CMT Rate + 0.81%, Rate Floor: 0.81%) due 07/25/47^◊		2,023,902		1,647,255
Washington Mutual Mortgage Pass-Through Certificates WMALT Series Trust
2006-AR9, 5.67% (1 Year CMT Rate + 0.84%, Rate Floor: 0.84%) due 11/25/46^◊		1,394,234		1,135,856
American Home Mortgage Assets Trust
2006-4, 4.91% (1 Month Term SOFR + 0.32%, Rate Floor: 0.32%) due 10/25/46^◊		2,099,664		1,112,439
Lehman XS Trust Series
2006-16N, 4.83% (1 Month Term SOFR + 0.49%, Rate Floor: 0.38%) due 11/25/46^◊		1,109,458		967,465
Nomura Resecuritization Trust
2015-4R, 3.10% (1 Month Term SOFR + 0.54%, Rate Floor: 0.43%) due 03/26/36^◊		345,021		331,909
Alliance Bancorp Trust
2007-OA1, 4.93% (1 Month Term SOFR + 0.59%, Rate Floor: 0.48%) due 07/25/37^◊		321,859		274,667
Morgan Stanley Re-REMIC Trust
2010-R5, 3.50% due 06/26/36		193,469		180,853
GSAA Home Equity Trust
2007-7, 4.99% (1 Month Term SOFR + 0.65%, Rate Floor: 0.54%) due 07/25/37^◊		63,561		60,277
New Century Home Equity Loan Trust
2004-4, 5.25% (1 Month Term SOFR + 0.91%, Rate Cap/Floor: 12.50%/0.80%) due 02/25/35^◊		39,292		40,970
Total Residential Mortgage-Backed Securities				8,104,229
Total Collateralized Mortgage Obligations
(Cost $11,621,830)				8,104,229

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
ASSET-BACKED SECURITIES^†† - 0.0%
Collateralized Loan Obligations - 0.0%
Octagon Loan Funding Ltd.
2014-1A SUB, due 11/18/31^4,7		2,071,948	$	181,801
Treman Park CLO Ltd.
2015-1A COM, due 10/20/28^4,7		977,702		2,796
Total Collateralized Loan Obligations				184,597
Total Asset-Backed Securities
(Cost $0)				184,597
Total Investments - 101.0%
(Cost $943,375,386)			$	912,667,682
Other Assets & Liabilities, net - (1.0)%				(8,846,688	)
Total Net Assets - 100.0%			$	903,820,994

Forward Foreign Currency Exchange Contracts^††

Counterparty

Currency

Type

Quantity

Contract Amount

Settlement Date

Unrealized Appreciation (Depreciation)

Barclays Bank plc

EUR

Sell

13,897,000

14,588,132 USD

01/17/25

180,153

Toronto-Dominion Bank

EUR

Buy

235,000

244,841 USD

01/17/25

(1,201

)

178,952

^~	The face amount is denominated in U.S. dollars unless otherwise indicated.
^*	Non-income producing security.
^***	A copy of each underlying unaffiliated fund's financial statements is available at the SEC's website at www.sec.gov.
^†	Value determined based on Level 1 inputs, unless otherwise noted — See Note 3.
^††	Value determined based on Level 2 inputs, unless otherwise noted — See Note 3.
^†††	Value determined based on Level 3 inputs — See Note 3.
^◊	Variable rate security. Rate indicated is the rate effective at December 31, 2024. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.
¹	Affiliated issuer.
²	Rate indicated is the 7-day yield as of December 31, 2024.
³	Payment-in-kind security.
⁴	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) securities is $32,527,400 (cost $36,702,199), or 3.6% of total net assets.
⁵	Security is in default of interest and/or principal obligations.
⁶	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be illiquid and restricted under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) illiquid and restricted securities is $6,399 (cost $1,160,811), or less than 0.1% of total net assets — See Note 6.
⁷	Security has no stated coupon. However, it is expected to receive residual cash flow payments on defined deal dates.

CMT — Constant Maturity Treasury

EUR — Euro

EURIBOR — European Interbank Offered Rate

plc — Public Limited Company

REMIC — Real Estate Mortgage Investment Conduit

SARL — Société à Responsabilité Limitée

SOFR — Secured Overnight Financing Rate

See Sector Classification in Other Information section.

Floating Rate Strategies Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

The following table summarizes the inputs used to value the Fund's investments at December 31, 2024 (See Note 3 in the Notes to Schedule of Investments):

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	493,847	$	570,695	$	3,340,038	$	4,404,580
Exchange-Traded Funds		25,130,223		—		—		25,130,223
Money Market Fund		26,122,091		—		—		26,122,091
Senior Floating Rate Interests		—		773,393,677		38,892,535		812,286,212
Corporate Bonds		—		36,429,351		6,399		36,435,750
Collateralized Mortgage Obligations		—		8,104,229		—		8,104,229
Asset-Backed Securities		—		184,597		—		184,597
Forward Foreign Currency Exchange Contracts**		—		180,153		—		180,153
Total Assets	$	51,746,161	$	818,862,702	$	42,238,972	$	912,847,835

Investments in Securities (Liabilities)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Forward Foreign Currency Exchange Contracts**	$	—	$	1,201	$	—	$	1,201
Unfunded Loan Commitments (Note 5)		—		—		18,195		18,195
Total Liabilities	$	—	$	1,201	$	18,195	$	19,396

^**	This derivative is reported as unrealized appreciation/depreciation at period end.

The following is a summary of significant unobservable inputs used in the fair valuation of assets and liabilities categorized within Level 3 of the fair value hierarchy:

Category	Ending Balance at December 31, 2024		Valuation Technique	Unobservable Inputs	Input Range	Weighted Average*
Assets:
Common Stocks	$	3,288,094	Enterprise Value	Valuation Multiple	2.6x-8.8x	4.9x
Common Stocks		51,944	Model Price	Liquidation Value	—	—
Corporate Bonds		6,399	Third Party Pricing	Trade Price	—	—
Senior Floating Rate Interests		35,620,810	Third Party Pricing	Broker Quote	—	—
Senior Floating Rate Interests		2,167,345	Model Price	Purchase Price	—	—
Senior Floating Rate Interests		760,607	Third Party Pricing	Trade Price	—	—
Senior Floating Rate Interests		343,773	Yield Analysis	Yield	10.8%-15.1%	12.0%
Total Assets	$	42,238,972
Liabilities:
Unfunded Loan Commitments	$	18,195	Model Price	Purchase Price	—	—

Inputs are weighted by the fair value of the instruments.

Significant changes in a quote, yield, liquidation value or valuation multiple would generally result in significant changes in the fair value of the security.

Transfers between Level 2 and Level 3 may occur as markets fluctuate and/or the availability of data used in an investment’s valuation changes. For the period ended December 31, 2024, the Fund had securities with a total value of $9,559,763 transfer into Level 3 from Level 2 due to a lack of observable inputs and had securities with a total value of $9,186,864 transfer out of Level 3 into Level 2 due to the availability of current and reliable market-based data provided by a third-party pricing service which utilizes significant observable inputs.

Summary of Fair Value Level 3 Activity

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value for the period ended December 31, 2024:

	Assets											Liabilities
		Corporate Bonds		Senior Floating Rate Interests			Common Stocks			Total Assets			Unfunded Loan Commitments
Beginning Balance	$	6,399	$	35,335,387		$	3,525,308		$	38,867,094		$	(20,064	)
Purchases/(Receipts)		-		6,425,907			-			6,425,907			(162,309	)
(Sales, maturities and paydowns)/Fundings		-		(2,009,240	)		(563	)		(2,009,803	)		127,799
Amortization of premiums/discounts		-		121,462			-			121,462			87,558
Total realized gains (losses) included in earnings		-		17,810			(190	)		17,620			(43,893	)
Total change in unrealized appreciation (depreciation) included in earnings		-		(1,371,690	)		(184,517	)		(1,556,207	)		(7,286	)
Transfers into Level 3		-		9,559,763			-			9,559,763			-
Transfers out of Level 3		-		(9,186,864	)		-			(9,186,864	)		-
Ending Balance	$	6,399	$	38,892,535		$	3,340,038		$	42,238,972		$	(18,195	)
Net change in unrealized appreciation (depreciation) for investments in Level 3 securities still held at December 31, 2024	$	-	$	(4,116,868	)	$	(184,728	)	$	(4,301,596	)	$	(16,798	)

Affiliated Transactions

Investments representing 5% or more of the outstanding voting shares of a company, or control of or by, or common control under Guggenheim Investments, result in that company being considered an affiliated person, as defined in the Investment Company Act of 1940 ("affiliated issuer").

Transactions during the period ended December 31, 2024, in which the company is an affiliated issuer, were as follows:

Security Name

Value
09/30/24

Additions

Reductions

Realized Gain (Loss)

Change in
Unrealized Appreciation (Depreciation)

Value
12/31/24

Shares
12/31/24

Common Stocks

BP Holdco LLC^*

296,099

–

296,099

244,278

^*	Non-income producing security.

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Shares		Value
COMMON STOCKS^† - 0.3%
Consumer, Non-cyclical - 0.3%
Endo, Inc.^*		22,743	$	557,203
Save-A-Lot^*,†††		797,632		80
Endo Guc Trust — Class A^*,†††		13,040		1
Total Consumer, Non-cyclical				557,284
Industrial - 0.0%
BP Holdco LLC^{*,†††,1}		23,711		28,741
YAK BLOCKER 2 LLC^*,†††		6,243		10,102
YAK BLOCKER 2 LLC^*,†††		5,770		9,337
Vector Phoenix Holdings, LP^*,†††		23,711		502
Targus, Inc.^*,†††		12,825		227
Total Industrial				48,909
Energy - 0.0%
Legacy Reserves, Inc.^†††		3,452		13,808
Permian Production Partners LLC^*,†††		57,028		477
Total Energy				14,285
Financial - 0.0%
Endo Luxembourg Finance Co I SARL / Endo US, Inc.^{*,†††,2}		1,210,000		121
Endo Luxembourg Finance Co I SARL / Endo US, Inc.^{*,†††,2}		950,000		95
Avison Young (Canada), Inc.^*,††		132		33
Total Financial				249
Total Common Stocks
(Cost $522,879)				620,727

PREFERRED STOCKS^† - 1.2%
Financial - 1.0%
Citigroup, Inc.
7.63%^††		775,000		807,421
American National Group, Inc.
8.37%		21,500		541,800
Goldman Sachs Group, Inc.
7.50%^††		475,000		500,973
Avison Young (Canada), Inc.		185,779		51,089
Total Financial				1,901,283
Energy - 0.2%
Venture Global LNG, Inc.
9.00%^††,3		475,000		496,633
Industrial - 0.0%
U.S. Shipping Corp.^*,†††		14,718		2
Total Preferred Stocks
(Cost $2,787,805)				2,397,918

WARRANT^† - 0.0%
Ginkgo Bioworks Holdings, Inc.
Expiring 09/16/26^*		4		–
Total Warrant
(Cost $9)				–

MONEY MARKET FUND^***,† - 2.3%
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 4.33%⁴		4,414,568		4,414,568
Total Money Market Fund
(Cost $4,414,568)				4,414,568

	Face Amount^~
CORPORATE BONDS^†† - 81.6%
Consumer, Cyclical - 15.5%
Ferrellgas Limited Partnership / Ferrellgas Finance Corp.
5.38% due 04/01/26³		1,225,000		1,212,123
Clarios Global Limited Partnership / Clarios US Finance Co.
8.50% due 05/15/27³		475,000		475,723
6.75% due 05/15/28³		350,000		356,401
6.25% due 05/15/26³		325,000		324,919
Caesars Entertainment, Inc.
6.00% due 10/15/32³		700,000		674,918
8.13% due 07/01/27³		306,000		309,059
6.50% due 02/15/32³		150,000		150,677
PetSmart, Inc. / PetSmart Finance Corp.
4.75% due 02/15/28³		1,150,000		1,085,020
Wolverine World Wide, Inc.
4.00% due 08/15/29³		1,200,000		1,053,746
Scientific Games Holdings Limited Partnership/Scientific Games US FinCo, Inc.
6.63% due 03/01/30³		1,100,000		1,052,627
Hanesbrands, Inc.
4.88% due 05/15/26³		1,050,000		1,033,697
Allwyn Entertainment Financing UK plc
7.88% due 04/30/29³		1,000,000		1,028,130
Life Time, Inc.
6.00% due 11/15/31³		1,025,000		1,014,756
Crocs, Inc.
4.25% due 03/15/29³		1,094,000		1,011,299
United Airlines, Inc.
4.63% due 04/15/29³		650,000		618,011
4.38% due 04/15/26³		325,000		319,559
Wabash National Corp.
4.50% due 10/15/28³		1,025,000		935,966
Scotts Miracle-Gro Co.
4.38% due 02/01/32		1,050,000		916,757
Ontario Gaming GTA Limited Partnership/OTG Company-Issuer, Inc.
8.00% due 08/01/30³		875,000		899,491
Velocity Vehicle Group LLC
8.00% due 06/01/29³		850,000		883,915
Air Canada
3.88% due 08/15/26³		850,000		825,869
Newell Brands, Inc.
6.38% due 09/15/27		500,000		501,725
5.70% due 04/01/26		280,000		279,881
International Game Technology plc
4.13% due 04/15/26³		750,000		737,387
Aramark Services, Inc.
5.00% due 02/01/28³		750,000		728,821
Ritchie Bros Holdings, Inc.
7.75% due 03/15/31³		450,000		470,583
6.75% due 03/15/28³		250,000		255,598

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
CORPORATE BONDS^†† - 81.6% (continued)
Consumer, Cyclical - 15.5% (continued)
Suburban Propane Partners Limited Partnership/Suburban Energy Finance Corp.
5.00% due 06/01/31³		800,000	$	713,177
Amer Sports Co.
6.75% due 02/16/31³		675,000		683,861
ONE Hotels GmbH
7.75% due 04/02/31³	EUR	575,000		640,612
Station Casinos LLC
4.63% due 12/01/31³		700,000		627,054
Park River Holdings, Inc.
5.63% due 02/01/29³		675,000		582,433
Fertitta Entertainment LLC / Fertitta Entertainment Finance Company, Inc.
4.63% due 01/15/29³		605,000		560,641
Advance Auto Parts, Inc.
5.90% due 03/09/26		550,000		553,814
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.
6.25% due 03/15/33³		550,000		540,367
Penn Entertainment, Inc.
4.13% due 07/01/29³		579,000		519,193
Vail Resorts, Inc.
6.50% due 05/15/32³		500,000		505,609
Asbury Automotive Group, Inc.
5.00% due 02/15/32³		550,000		501,718
JB Poindexter & Company, Inc.
8.75% due 12/15/31³		475,000		499,998
Hilton Domestic Operating Company, Inc.
5.88% due 03/15/33³		500,000		491,985
Evergreen Acqco 1 Limited Partnership / TVI, Inc.
9.75% due 04/26/28³		458,000		481,566
AccorInvest Group S.A.
6.38% due 10/15/29³	EUR	425,000		463,231
Michaels Companies, Inc.
5.25% due 05/01/28³		600,000		453,006
Tempur Sealy International, Inc.
3.88% due 10/15/31³		425,000		370,785
Superior Plus, LP
4.25% due 05/18/28³	CAD	550,000		362,337
Sabre GLBL, Inc.
7.38% due 09/01/25²		320,000		313,600
9.25% due 04/15/25²		31,000		30,690
Papa John’s International, Inc.
3.88% due 09/15/29³		275,000		246,363
1011778 BC ULC / New Red Finance, Inc.
5.63% due 09/15/29³		200,000		197,004
Allison Transmission, Inc.
4.75% due 10/01/27³		200,000		193,811
Six Flags Theme Parks, Inc.
7.00% due 07/01/25³		117,000		116,891
Total Consumer, Cyclical				29,806,404
Industrial - 12.7%
GrafTech Finance, Inc.
4.63% due 12/23/29³		2,500,000		2,013,750
New Enterprise Stone & Lime Company, Inc.
9.75% due 07/15/28³		1,225,000		1,252,732
5.25% due 07/15/28³		675,000		652,072
Trinity Industries, Inc.
7.75% due 07/15/28³		1,725,000		1,790,088
Mauser Packaging Solutions Holding Co.
7.88% due 04/15/27³		1,025,000		1,045,715
9.25% due 04/15/27³		500,000		505,850
Enviri Corp.
5.75% due 07/31/27³		1,575,000		1,498,357
Great Lakes Dredge & Dock Corp.
5.25% due 06/01/29³		1,525,000		1,414,533
TransDigm, Inc.
6.88% due 12/15/30³		925,000		938,759
6.38% due 03/01/29³		250,000		250,555
Brundage-Bone Concrete Pumping Holdings, Inc.
6.00% due 02/01/26³		1,076,000		1,075,385
Builders FirstSource, Inc.
6.38% due 06/15/32³		750,000		745,645
6.38% due 03/01/34³		200,000		197,387
4.25% due 02/01/32³		100,000		88,311
Techem Verwaltungsgesellschaft
5.38% due 07/15/29	EUR	875,000		935,527
EMRLD Borrower Limited Partnership / Emerald Company-Issuer, Inc.
6.63% due 12/15/30³		825,000		826,100
MIWD Holdco II LLC / MIWD Finance Corp.
5.50% due 02/01/30³		800,000		755,660
Clearwater Paper Corp.
4.75% due 08/15/28³		750,000		708,285
Artera Services LLC
8.50% due 02/15/31³		725,000		698,807
Arcosa, Inc.
4.38% due 04/15/29³		700,000		652,245
Sealed Air Corporation/Sealed Air Corp US
7.25% due 02/15/31³		350,000		360,780
6.13% due 02/01/28³		250,000		250,832
Summit Materials LLC / Summit Materials Finance Corp.
6.50% due 03/15/27³		425,000		424,628
7.25% due 01/15/31³		175,000		185,690
Amsted Industries, Inc.
4.63% due 05/15/30³		375,000		352,731
5.63% due 07/01/27³		250,000		247,592
Advanced Drainage Systems, Inc.
6.38% due 06/15/30³		575,000		575,051
Standard Industries, Inc.
4.38% due 07/15/30³		550,000		503,915

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
CORPORATE BONDS^†† - 81.6% (continued)
Industrial - 12.7% (continued)
Ardagh Metal Packaging Finance USA LLC / Ardagh Metal Packaging Finance plc
6.00% due 06/15/27³		500,000	$	496,091
Howmet Aerospace, Inc.
5.95% due 02/01/37		475,000		491,256
Nidda Healthcare Holding
5.63% due 02/21/30	EUR	450,000		481,390
Calderys Financing LLC
11.25% due 06/01/28³		425,000		454,917
Hillenbrand, Inc.
6.25% due 02/15/29		425,000		424,724
Standard Building Solutions, Inc.
6.50% due 08/15/32³		350,000		350,561
AmeriTex HoldCo Intermediate LLC
10.25% due 10/15/28³		300,000		319,792
Clean Harbors, Inc.
6.38% due 02/01/31³		225,000		226,525
EnerSys
6.63% due 01/15/32³		175,000		175,883
Miter Brands Acquisition Holdco Incorporated / MIWD Borrower LLC
6.75% due 04/01/32³		175,000		175,820
Total Industrial				24,543,941
Consumer, Non-cyclical - 12.5%
CPI CG, Inc.
10.00% due 07/15/29³		1,650,000		1,762,890
Tenet Healthcare Corp.
6.75% due 05/15/31		675,000		681,913
4.38% due 01/15/30		625,000		580,504
Williams Scotsman, Inc.
7.38% due 10/01/31³		725,000		746,000
6.13% due 06/15/25³		350,000		348,687
HAH Group Holding Company LLC
9.75% due 10/01/31³		1,075,000		1,075,855
Sotheby’s/Bidfair Holdings, Inc.
5.88% due 06/01/29³		1,200,000		1,064,148
Carriage Services, Inc.
4.25% due 05/15/29³		1,075,000		978,777
TriNet Group, Inc.
7.13% due 08/15/31³		950,000		967,365
Upbound Group, Inc.
6.38% due 02/15/29³		989,000		961,414
Bausch Health Companies, Inc.
4.88% due 06/01/28³		1,200,000		960,000
Post Holdings, Inc.
4.63% due 04/15/30³		600,000		553,349
6.25% due 10/15/34³		350,000		340,949
Boost Newco Borrower LLC
7.50% due 01/15/31³		850,000		891,106
Medline Borrower, LP
5.25% due 10/01/29³		850,000		820,304
BCP V Modular Services Finance II plc
4.75% due 10/30/28³	EUR	736,000		747,439
AMN Healthcare, Inc.
4.63% due 10/01/27³		775,000		736,302
Cheplapharm Arzneimittel GmbH
5.50% due 01/15/28³		778,000		704,707
Performance Food Group, Inc.
6.13% due 09/15/32³		700,000		699,968
Service Corporation International
5.75% due 10/15/32		425,000		412,243
3.38% due 08/15/30		325,000		284,375
Perrigo Finance Unlimited Co.
4.90% due 06/15/30		500,000		468,624
6.13% due 09/30/32		225,000		220,012
Belron UK Finance plc
5.75% due 10/15/29³		675,000		668,054
Sammontana Italia S.p.A.
6.97% (3 Month EURIBOR + 3.75%, Rate Floor: 3.75%) due 10/15/31^◊	EUR	625,000		650,839
Albertsons Companies Incorporated / Safeway Inc / New Albertsons Limited Partnership / Albertsons LLC
5.88% due 02/15/28³		475,000		473,040
6.50% due 02/15/28³		175,000		177,303
Central Garden & Pet Co.
4.13% due 10/15/30		711,000		638,571
Grifols S.A.
4.75% due 10/15/28³		600,000		551,357
US Foods, Inc.
7.25% due 01/15/32³		500,000		517,457
Darling Ingredients, Inc.
5.25% due 04/15/27³		500,000		492,021
Brink’s Co.
6.75% due 06/15/32³		475,000		478,488
Prime Security Services Borrower LLC / Prime Finance, Inc.
5.75% due 04/15/26³		450,000		449,748
Graham Holdings Co.
5.75% due 06/01/26³		400,000		398,267
IQVIA, Inc.
5.00% due 05/15/27³		395,000		387,583
Neogen Food Safety Corp.
8.63% due 07/20/30³		300,000		321,764
Block, Inc.
6.50% due 05/15/32³		250,000		252,413
Molina Healthcare, Inc.
6.25% due 01/15/33³		250,000		247,085
Medline Borrower Limited Partnership/Medline Company-Issuer, Inc.
6.25% due 04/01/29³		225,000		227,373
WW International, Inc.
4.50% due 04/15/29³		690,000		137,721

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
CORPORATE BONDS^†† - 81.6% (continued)
Consumer, Non-cyclical - 12.5% (continued)
Ingles Markets, Inc.
4.00% due 06/15/31³		75,000	$	66,392
Total Consumer, Non-cyclical				24,142,407
Financial - 10.9%
Jones Deslauriers Insurance Management, Inc.
10.50% due 12/15/30³		1,300,000		1,405,463
8.50% due 03/15/30³		200,000		210,360
Jefferies Finance LLC / JFIN Company-Issuer Corp.
5.00% due 08/15/28³		1,000,000		938,037
6.63% due 10/15/31³		600,000		599,049
Jane Street Group / JSG Finance, Inc.
6.13% due 11/01/32³		800,000		792,553
7.13% due 04/30/31³		475,000		488,142
Hunt Companies, Inc.
5.25% due 04/15/29³		1,225,000		1,161,115
United Wholesale Mortgage LLC
5.75% due 06/15/27³		675,000		666,734
5.50% due 04/15/29³		475,000		457,543
Alliant Holdings Intermediate LLC / Alliant Holdings Company-Issuer
6.50% due 10/01/31³		1,100,000		1,089,136
OneMain Finance Corp.
4.00% due 09/15/30		750,000		666,572
3.88% due 09/15/28		375,000		345,578
Focus Financial Partners LLC
6.75% due 09/15/31³		1,000,000		996,026
Starwood Property Trust, Inc.
4.38% due 01/15/27³		550,000		531,762
7.25% due 04/01/29³		425,000		435,967
SLM Corp.
3.13% due 11/02/26		1,000,000		953,926
Ardonagh Finco Ltd.
7.75% due 02/15/31³		900,000		926,821
Rocket Mortgage LLC / Rocket Mortgage Company-Issuer, Inc.
3.88% due 03/01/31³		724,000		630,819
4.00% due 10/15/33³		350,000		291,502
Iron Mountain Information Management Services, Inc.
5.00% due 07/15/32³		1,000,000		920,371
VFH Parent LLC / Valor Company-Issuer, Inc.
7.50% due 06/15/31³		850,000		874,270
Encore Capital Group, Inc.
9.25% due 04/01/29³		600,000		639,242
Aretec Group, Inc.
10.00% due 08/15/30³		575,000		627,982
UWM Holdings LLC
6.63% due 02/01/30³		625,000		621,139
HUB International Ltd.
5.63% due 12/01/29³		375,000		363,732
7.38% due 01/31/32³		225,000		228,522
Kennedy-Wilson, Inc.
4.75% due 02/01/30		450,000		398,058
4.75% due 03/01/29		150,000		135,494
PennyMac Financial Services, Inc.
7.88% due 12/15/29³		325,000		340,503
7.13% due 11/15/30³		175,000		177,224
Hightower Holding LLC
9.13% due 01/31/30³		475,000		500,296
Ryan Specialty LLC
5.88% due 08/01/32³		475,000		469,985
Liberty Mutual Group, Inc.
4.30% due 02/01/61³		750,000		462,791
Sherwood Financing plc
8.36% (3 Month EURIBOR + 5.50%, Rate Floor: 0.00%) due 12/15/29^◊	EUR	375,000		377,642
USI, Inc.
7.50% due 01/15/32³		300,000		310,262
Total Financial				21,034,618
Communications - 10.3%
CCO Holdings LLC / CCO Holdings Capital Corp.
4.50% due 05/01/32		2,250,000		1,935,366
4.25% due 01/15/34³		975,000		791,008
6.38% due 09/01/29³		425,000		421,367
Vmed O2 UK Financing I plc
4.25% due 01/31/31³		1,125,000		960,070
4.75% due 07/15/31³		850,000		730,726
7.75% due 04/15/32³		350,000		352,754
Altice France S.A.
5.13% due 07/15/29³		1,450,000		1,085,851
8.13% due 02/01/27³		900,000		729,631
5.50% due 10/15/29³		250,000		187,257
CSC Holdings LLC
3.38% due 02/15/31³		1,025,000		718,948
4.13% due 12/01/30³		975,000		700,404
4.63% due 12/01/30³		950,000		496,330
Level 3 Financing, Inc.
3.88% due 10/15/30³		1,250,000		997,625
11.00% due 11/15/29³		520,747		585,798
McGraw-Hill Education, Inc.
8.00% due 08/01/29³		775,000		775,059
5.75% due 08/01/28³		625,000		610,227
7.38% due 09/01/31³		100,000		102,337
AMC Networks, Inc.
4.25% due 02/15/29		1,750,000		1,373,696
Cogent Communications Group Incorporated / Cogent Communications Finance, Inc.
7.00% due 06/15/27³		1,350,000		1,350,435
Sunrise FinCo I B.V.
4.88% due 07/15/31³		1,200,000		1,088,472
Sirius XM Radio LLC
4.13% due 07/01/30³		800,000		698,198
5.50% due 07/01/29³		325,000		311,615
3.88% due 09/01/31³		50,000		41,839
LCPR Senior Secured Financing DAC
6.75% due 10/15/27³		777,000		703,029
Match Group Holdings II LLC
4.63% due 06/01/28³		600,000		571,371

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
CORPORATE BONDS^†† - 81.6% (continued)
Communications - 10.3% (continued)
VZ Secured Financing B.V.
5.00% due 01/15/32³		623,000	$	551,017
Outfront Media Capital LLC / Outfront Media Capital Corp.
4.25% due 01/15/29³		550,000		511,436
Zayo Group Holdings, Inc.
4.00% due 03/01/27³		300,000		276,678
Cogent Communications Group LLC
7.00% due 06/15/27³		100,000		100,481
Total Communications				19,759,025
Energy - 8.3%
ITT Holdings LLC
6.50% due 08/01/29³		1,875,000		1,716,447
Buckeye Partners, LP
6.88% due 07/01/29³		775,000		784,389
3.95% due 12/01/26		550,000		529,354
4.13% due 03/01/25³		275,000		274,263
Parkland Corp.
4.63% due 05/01/30³		925,000		849,063
4.50% due 10/01/29³		750,000		695,616
TransMontaigne Partners Limited Partnership / TLP Finance Corp.
6.13% due 02/15/26		1,500,000		1,491,088
Global Partners Limited Partnership / GLP Finance Corp.
7.00% due 08/01/27		1,200,000		1,204,122
6.88% due 01/15/29		250,000		248,086
CVR Energy, Inc.
5.75% due 02/15/28³		1,179,000		1,086,416
8.50% due 01/15/29³		350,000		335,716
Viper Energy, Inc.
7.38% due 11/01/31³		1,015,000		1,062,645
Venture Global LNG, Inc.
9.50% due 02/01/29³		525,000		580,265
7.00% due 01/15/30³		400,000		405,992
EnLink Midstream LLC
5.38% due 06/01/29		925,000		924,969
Sunoco Limited Partnership / Sunoco Finance Corp.
6.00% due 04/15/27		800,000		798,414
CQP Holdco Limited Partnership / BIP-V Chinook Holdco LLC
7.50% due 12/15/33³		600,000		630,801
NuStar Logistics, LP
5.63% due 04/28/27		610,000		605,561
Sunoco, LP
7.25% due 05/01/32³		500,000		516,490
Venture Global Calcasieu Pass LLC
6.25% due 01/15/30³		500,000		504,666
Expand Energy Corp.
5.38% due 02/01/29		425,000		418,646
Kinetik Holdings, LP
5.88% due 06/15/30³		350,000		344,506
Total Energy				16,007,515
Basic Materials - 6.4%
Carpenter Technology Corp.
6.38% due 07/15/28		825,000		825,125
7.63% due 03/15/30		650,000		665,681
INEOS Finance plc
6.75% due 05/15/28³		1,100,000		1,110,904
Ingevity Corp.
3.88% due 11/01/28³		1,150,000		1,051,392
Minerals Technologies, Inc.
5.00% due 07/01/28³		1,022,000		983,675
WR Grace Holdings LLC
4.88% due 06/15/27³		1,000,000		969,057
Novelis Corp.
4.75% due 01/30/30³		1,025,000		946,102
SCIL IV LLC / SCIL USA Holdings LLC
5.38% due 11/01/26³		950,000		930,437
Illuminate Buyer LLC / Illuminate Holdings IV, Inc.
9.00% due 07/01/28³		900,000		911,287
Compass Minerals International, Inc.
6.75% due 12/01/27³		875,000		861,786
SK Invictus Intermediate II SARL
5.00% due 10/30/29³		800,000		745,321
Alcoa Nederland Holding B.V.
6.13% due 05/15/28³		450,000		449,605
7.13% due 03/15/31³		275,000		284,181
Arsenal AIC Parent LLC
8.00% due 10/01/30³		675,000		698,488
Kaiser Aluminum Corp.
4.50% due 06/01/31³		725,000		639,088
Axalta Coating Systems Dutch Holding B B.V.
7.25% due 02/15/31³		250,000		258,709
Mirabela Nickel Ltd.
due 06/24/19^{†††,2,5}		278,115		1,390
Total Basic Materials				12,332,228
Technology - 3.8%
Dye & Durham Ltd.
8.63% due 04/15/29³		1,200,000		1,258,516
ACI Worldwide, Inc.
5.75% due 08/15/26³		1,000,000		998,197
Capstone Borrower, Inc.
8.00% due 06/15/30³		950,000		983,355
Dun & Bradstreet Corp.
5.00% due 12/15/29³		925,000		880,867
Cloud Software Group, Inc.
6.50% due 03/31/29³		800,000		785,234
TeamSystem S.p.A.
6.68% due 07/31/31	EUR	700,000		728,940
SS&C Technologies, Inc.
5.50% due 09/30/27³		600,000		594,247
Playtika Holding Corp.
4.25% due 03/15/29³		500,000		453,251

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
CORPORATE BONDS^†† - 81.6% (continued)
Technology - 3.8% (continued)
NCR Voyix Corp.
5.13% due 04/15/29³		292,000	$	279,371
Central Parent LLC / CDK Global II LLC / CDK Financing Company, Inc.
8.00% due 06/15/29³		200,000		202,883
Amentum Holdings, Inc.
7.25% due 08/01/32³		200,000		201,513
Total Technology				7,366,374
Utilities - 1.0%
Terraform Global Operating, LP
6.13% due 03/01/26³		1,955,000		1,949,918
Consumer Cyclical - 0.2%
AccorInvest Group S.A.
5.50% due 11/15/31	EUR	250,000		264,125

Total Corporate Bonds
(Cost $162,777,418)				157,206,555

SENIOR FLOATING RATE INTERESTS^††,◊ - 14.5%
Consumer, Cyclical - 3.1%
Crash Champions Inc.
9.27% (3 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 02/23/29		1,048,620		990,621
Alexander Mann
10.67% (3 Month SOFR + 6.00%, Rate Floor: 6.00%) due 06/29/27		946,862		914,906
CCRR Parent, Inc.
9.03% (3 Month Term SOFR + 4.25%, Rate Floor: 5.00%) due 03/06/28		1,517,980		877,893
AmSpec Parent LLC
due 12/11/31		616,872		619,956
ScribeAmerica Intermediate Holdco LLC (Healthchannels)
9.67% (6 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 04/03/25		730,648		496,322
American Tire Distributors, Inc.
11.86% (3 Month Term SOFR + 6.51%, Rate Floor: 7.26%) due 10/20/28^†††		902,367		406,065
13.84% (1 Month Term SOFR + 1.50%, Rate Floor: 5.84%) (in-kind rate was 8.00%) due 02/24/25^†††,6		288,479		291,364
11.43% (3 Month Term SOFR + 6.00%, Rate Floor: 6.00%) due 10/22/26^†††		72,089		67,042
10.82% (1 Month Term SOFR + 6.00%, Rate Floor: 6.00%) due 10/22/26^†††		36,044		33,521
First Brands Group LLC
9.85% (3 Month Term SOFR + 5.00%, Rate Floor: 6.00%) due 03/30/27		273,342		255,406
Accuride Corp.
11.93% (1 Month Term SOFR + 1.00%, Rate Floor: 6.06%) (in-kind rate was 5.87%) due 05/18/26⁶		505,081		240,545
Galaxy US Opco, Inc.
9.34% (3 Month Term SOFR + 4.75%, Rate Floor: 5.25%) due 04/29/29		248,728		220,124
Holding Socotec SAS
due 06/02/28		200,000		200,500
Accuride Corp.
14.85% (1 Month Term SOFR + 10.00%, Rate Floor: 12.00%) due 01/23/25^†††		170,823		162,689
14.61% (1 Month Term SOFR + 10.00%, Rate Floor: 12.00%) due 01/23/25^†††		8,270		7,857
WW International, Inc.
7.97% (1 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 04/13/28		491,625		106,191
TransNetwork LLC
9.08% (3 Month Term SOFR + 5.50%, Rate Floor: 6.00%) due 12/30/30^†††		49,874		50,123
Total Consumer, Cyclical				5,941,125
Consumer, Non-cyclical - 3.0%
Gibson Brands, Inc.
10.58% (6 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 08/11/28		843,900		834,052
Blue Ribbon LLC
10.85% (3 Month Term SOFR + 6.00%, Rate Floor: 6.75%) due 05/08/28		967,366		648,135
Women’s Care Holdings, Inc.
9.19% (3 Month Term SOFR + 4.50%, Rate Floor: 5.25%) due 01/15/28		646,600		614,271
PlayCore
9.09% (3 Month Term SOFR + 4.50%, Rate Floor: 5.50%) due 02/20/30		595,749		600,777
Lyons Magnus
11.34% (3 Month Term SOFR + 6.75%, Rate Floor: 6.75%) due 05/10/27		601,471		582,927
Outcomes Group Holdings, Inc.
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 05/06/31		497,503		502,229
Midwest Physician Administrative Services
7.59% (3 Month Term SOFR + 3.00%, Rate Floor: 3.75%) due 03/12/28		496,903		468,893

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 14.5% (continued)
Consumer, Non-cyclical - 3.0% (continued)
IVI America LLC
8.83% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 04/09/31		422,875	$	425,518
TGP Holdings LLC
7.71% (1 Month Term SOFR + 3.25%, Rate Floor: 4.00%) due 06/29/28		360,214		350,268
Balrog Acquisition, Inc.
9.28% (3 Month Term SOFR + 4.50%, Rate Floor: 5.25%) due 09/05/28^†††		344,750		345,612
Moran Foods LLC
11.68% (3 Month Term SOFR + 7.25%, Rate Floor: 8.25%) due 06/30/26^†††		788,694		194,524
Florida Food Products LLC
9.59% (3 Month Term SOFR + 5.00%, Rate Floor: 5.75%) due 10/18/28		218,813		184,350
Total Consumer, Non-cyclical				5,751,556
Industrial - 2.9%
Dispatch Terra Acquisition LLC
8.73% (3 Month Term SOFR + 4.40%, Rate Floor: 5.15%) due 03/27/28		1,158,605		1,101,636
Aegion Corp.
8.11% (1 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 05/17/28		677,828		681,895
Pelican Products, Inc.
8.84% (3 Month Term SOFR + 4.25%, Rate Floor: 4.75%) due 12/29/28		639,363		572,870
Michael Baker International LLC
9.11% (1 Month Term SOFR + 4.75%, Rate Floor: 5.50%) due 12/01/28		502,600		504,173
Engineering Research And Consulting LLC
9.51% (3 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 08/29/31^†††		475,000		470,250
Cognita Ltd.
8.82% (1 Month SOFR + 4.00%, Rate Floor: 4.50%) due 10/27/31^†††		450,000		454,500
FCG Acquisitions, Inc.
8.22% (1 Month Term SOFR + 3.75%, Rate Floor: 4.25%) due 03/31/28		417,222		419,517
STS Operating, Inc.
8.46% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 03/25/31		397,000		397,794
Arcline FM Holdings, LLC
9.31% ((3 Month Term SOFR + 4.50%) and (6 Month Term SOFR + 4.50%), Rate Floor: 5.25%) due 06/23/28		272,227		273,550
Protective Industrial Products, Inc.
8.47% (1 Month Term SOFR + 4.00%, Rate Floor: 4.75%) due 12/29/27		249,354		249,042
Osmose Utility Services, Inc.
7.72% (1 Month Term SOFR + 3.25%, Rate Floor: 3.75%) due 06/23/28		198,972		199,097
MI Windows And Doors LLC
7.36% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 03/28/31		174,125		175,624
Total Industrial				5,499,948
Technology - 2.4%
Pushpay USA, Inc.
8.83% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 08/15/31^†††		625,000		628,125
Blackhawk Network Holdings, Inc.
9.36% (1 Month Term SOFR + 5.00%, Rate Floor: 6.00%) due 03/12/29		497,500		503,007
Modena Buyer LLC
8.86% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 07/01/31		500,000		482,855
DS Admiral Bidco LLC
8.61% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 06/26/31		498,750		482,541
Boxer Parent Co., Inc.
8.34% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 07/30/31		475,000		478,510
Xerox Corp.
8.34% ((1 Month Term SOFR + 4.00%) and (3 Month Term SOFR + 4.00%), Rate Floor: 4.50%) due 11/17/29		438,462		437,273
Atlas CC Acquisition Corp.
9.03% (3 Month Term SOFR + 4.25%, Rate Floor: 5.00%) due 05/25/28		554,875		370,657
Cloud Software Group, Inc.
7.83% (3 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 03/29/29		366,345		367,136
Dye & Durham Corp.
8.43% (3 Month Term SOFR + 4.00%, Rate Floor: 5.00%) due 04/11/31		334,125		337,326

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊- 14.5% (continued)
Technology - 2.4% (continued)
Central Parent LLC
7.58% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 07/06/29		274,313	$	270,234
Leia Finco US LLC
7.89% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/09/31		200,000		199,656
Total Technology				4,557,320
Financial - 1.7%
Galaxy Bidco Ltd.
due 12/05/29	EUR	600,000		621,697
Cobham Ultra SeniorCo SARL
9.24% (6 Month Term SOFR + 3.75%, Rate Floor: 4.25%) due 08/03/29		591,556		588,811
Franchise Group, Inc.
10.39% (3 Month Term SOFR + 4.75%, Rate Floor: 5.50%) due 03/10/26		972,517		556,766
Asurion LLC
8.71% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 08/19/28		426,742		426,743
8.61% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 09/19/30		124,688		124,242
Avison Young (Canada), Inc.
12.65% (3 Month Term SOFR + 8.00%, Rate Floor: 10.00%) due 03/12/29		217,257		168,917
10.70% (1 Month Term SOFR + 6.25%, Rate Floor: 8.25%) due 03/12/28		83,330		83,539
12.56% (1 Month Term SOFR + 1.50%, Rate Floor: 6.06%) (in-kind rate was 6.50%) due 03/12/29⁶		38,538		21,196
Ardonagh Midco 3 plc
8.51% ((3 Month Term SOFR + 3.75%) and (6 Month Term SOFR + 3.75%), Rate Floor: 3.75%) due 02/15/31		250,000		251,250
Franchise Group, Inc.
13.60% (1 Month Term SOFR + 9.00%, Rate Floor: 10.00%) due 04/30/25^†††		245,542		245,542
Saphilux SARL
7.93% ((3 Month Term SOFR + 3.50%) and (6 Month Term SOFR + 3.50%), Rate Floor: 4.00%) due 07/18/28		152,500		153,453
Aretec Group, Inc.
7.86% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 08/09/30		119,400		119,873
Total Financial				3,362,029
Basic Materials - 1.2%
GrafTech Finance, Inc.
due 11/04/29		790,136		790,136
Discovery Purchaser Corp.
8.95% (3 Month Term SOFR + 4.36%, Rate Floor: 4.86%) due 10/04/29		772,813		776,291
NIC Acquisition Corp.
8.34% (3 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 12/29/27		653,766		583,211
TPC Group, Inc.
10.11% (3 Month Term SOFR + 5.75%, Rate Floor: 5.75%) due 11/22/31		200,000		198,750
Total Basic Materials				2,348,388
Energy - 0.2%
BANGL LLC
9.09% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 02/01/29		372,179		374,390
Permian Production Partners LLC
12.47% (1 Month Term SOFR + 6.00%, Rate Floor: 10.47%) (in-kind rate was 2.00%) due 11/24/25⁶		69,988		69,288
Total Energy				443,678
Total Senior Floating Rate Interests
(Cost $31,003,414)				27,904,044

ASSET-BACKED SECURITIES^†† - 0.2%
Infrastructure - 0.2%
Hotwire Funding LLC
2021-1, 4.46% due 11/20/51³		400,000		383,271
Total Asset-Backed Securities
(Cost $400,000)				383,271
Total Investments - 100.1%
(Cost $201,906,093)			$	192,927,083
Other Assets & Liabilities, net - (0.1)%				(177,022	)
Total Net Assets - 100.0%			$	192,750,061

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

Forward Foreign Currency Exchange Contracts^††

Counterparty

Currency

Type

Quantity

Contract Amount

Settlement Date

Unrealized Appreciation
(Depreciation)

Barclays Bank plc

EUR

Sell

5,780,000

6,069,075 USD

01/17/25

76,549

Barclays Bank plc

CAD

Sell

523,000

368,555 USD

01/17/25

4,476

Barclays Bank plc

EUR

Buy

610,000

634,631 USD

01/17/25

(2,202

)

78,823

^~	The face amount is denominated in U.S. dollars unless otherwise indicated.
^*	Non-income producing security.
^***	A copy of each underlying unaffiliated fund’s financial statements is available at the SEC’s website at www.sec.gov.
^†	Value determined based on Level 1 inputs, unless otherwise noted — See Note 3.
^††	Value determined based on Level 2 inputs, unless otherwise noted — See Note 3.
^†††	Value determined based on Level 3 inputs — See Note 3.
^◊	Variable rate security. Rate indicated is the rate effective at December 31, 2024. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.
¹	Affiliated issuer.
²	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be illiquid and restricted under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) illiquid and restricted securities is $345,896 (cost $617,038), or 0.2% of total net assets — See Note 6.
³	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) securities is $134,328,181 (cost $138,772,620), or 69.7% of total net assets.
⁴	Rate indicated is the 7-day yield as of December 31, 2024.
⁵	Security is in default of interest and/or principal obligations.
⁶	Payment-in-kind security.

CAD — Canadian Dollar

EUR — Euro

EURIBOR — European Interbank Offered Rate

plc — Public Limited Company

SARL — Société à Responsabilité Limitée

SOFR — Secured Overnight Financing Rate

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund’s investments at December 31, 2024 (See Note 3 in the Notes to Schedule of Investments):

Investments in Securities (Assets)	Level 1 Quoted Prices			Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	557,203		$	33	$	63,491	$	620,727
Preferred Stocks		541,800			1,856,116		2		2,397,918
Warrant		—	*		—		—		—
Money Market Fund		4,414,568			—		—		4,414,568
Corporate Bonds		—			157,205,165		1,390		157,206,555
Senior Floating Rate Interests		—			24,546,830		3,357,214		27,904,044
Asset-Backed Securities		—			383,271		—		383,271
Forward Foreign Currency Exchange Contracts**		—			81,025		—		81,025
Total Assets	$	5,513,571		$	184,072,440	$	3,422,097	$	193,008,108

Investments in Securities (Liabilities)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Forward Foreign Currency Exchange Contracts**	$	—	$	2,202	$	—	$	2,202
Unfunded Loan Commitments (Note 5)		—		—		26,202		26,202
Total Liabilities	$	—	$	2,202	$	26,202	$	28,404

*	Security has a market value of $0.

**	This derivative is reported as unrealized appreciation/depreciation at period end.

High Yield Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

The following is a summary of significant unobservable inputs used in the fair valuation of assets and liabilities categorized within Level 3 of the fair value hierarchy:

Category	Ending Balance at December 31, 2024		Valuation Technique	Unobservable Inputs	Input Range	Weighted Average*
Assets:
Common Stocks	$	43,052	Enterprise Value	Valuation Multiple	2.6x-8.8x	3.1x
Common Stocks		20,439	Model Price	Liquidation Value	—	—
Corporate Bonds		1,390	Third Party Pricing	Trade Price	—	—
Preferred Stocks		2	Model Price	Liquidation Value	—	—
Senior Floating Rate Interests		2,899,438	Third Party Pricing	Broker Quote	—	—
Senior Floating Rate Interests		263,252	Third Party Pricing	Trade Price	—	—
Senior Floating Rate Interests		194,524	Model Price	Liquidation Value	—	—
Total Assets	$	3,422,097
Liabilities:
Unfunded Loan Commitments	$	26,202	Model Price	Purchase Price	—	—

Inputs are weighted by the fair value of the instruments.

Significant changes in a quote, liquidation value or valuation multiple would generally result in significant changes in the fair value of the security. Any remaining Level 3 securities held by the Fund and excluded from the table above, were not considered material to the Fund.

Transfers between Level 2 and Level 3 may occur as markets fluctuate and/or the availability of data used in an investment’s valuation changes. For the period ended December 31, 2024, the Fund had securities with a total value of $533,904 transfer into Level 3 from Level 2 due to a lack of observable inputs and had securities with a total value of $1,029,288 transfer out of Level 3 into Level 2 due to the availability of current and reliable market-based data provided by a third-party pricing service which utilizes significant observable inputs.

Summary of Fair Value Level 3 Activity

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value for the period ended December 31, 2024:

	Assets														Liabilities
	Corporate Bonds			Senior Floating Rate Interests			Common Stocks			Preferred Stocks		Total Assets			Unfunded Loan Commitments
Beginning Balance	$	937,391		$	2,151,745		$	77,602		$	2	$	3,166,740		$	(6,186	)
Purchases/(Receipts)		-			1,043,645			-			-		1,043,645			(40,857	)
(Sales, maturities and paydowns)/Fundings		-			(1,876	)		(757	)		-		(2,633	)		29,524
Amortization of premiums/discounts		(342	)		36,157			-			-		35,815			25,337
Total realized gains (losses) included in earnings		-			-			(4,377	)		-		(4,377	)		(10,610	)
Total change in unrealized appreciation (depreciation) included in earnings		24,341			(337,073	)		(8,977	)		-		(321,709	)		(23,410	)
Transfers into Level 3		-			533,904			-			-		533,904			-
Transfers out of Level 3		(960,000	)		(69,288	)		-			-		(1,029,288	)		-
Ending Balance	$	1,390		$	3,357,214		$	63,491		$	2	$	3,422,097		$	(26,202	)
Net change in unrealized appreciation (depreciation) for investments in Level 3 securities still held at December 31, 2024	$	-		$	(684,377	)	$	(10,881	)	$	-	$	(695,258	)	$	(24,671	)

Affiliated Transactions

Transactions during the period ended December 31, 2024, in which the company is an affiliated issuer, were as follows:

Security Name

Value
09/30/24

Additions

Reductions

Realized Gain (Loss)

Change in Unrealized
Appreciation
(Depreciation)

Value
12/31/24

Shares
12/31/24

Common Stocks

BP Holdco LLC^*

28,741

–

28,741

23,711

*	Non-income producing security.

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Shares		Value
COMMON STOCK^† - 0.0%
Communications - 0.0%
Vacasa, Inc. — Class A^*		4,070	$	19,943
Total Common Stock
(Cost $813,037)				19,943

PREFERRED STOCKS^† - 0.4%
Financial - 0.4%
Wells Fargo & Co.^††
3.90%		12,100,000		11,756,606
MetLife, Inc.^††
3.85%		4,620,000		4,535,778
Markel Group, Inc.^††
6.00%		4,085,000		4,077,353
American National Group, Inc.
8.37%		8,000		201,600
Total Financial				20,571,337
Total Preferred Stocks
(Cost $20,988,816)				20,571,337

WARRANT^† - 0.0%
Ginkgo Bioworks Holdings, Inc.
Expiring 09/16/26^*		19,663		177
Total Warrant
(Cost $45,531)				177

EXCHANGE-TRADED FUND^,† - 0.5%*
iShares Core S&P 500 ETF		38,470		22,646,520
Total Exchange-Traded Fund
(Cost $22,937,353)				22,646,520

MUTUAL FUNDS^† - 2.2%
Guggenheim Strategy Fund III¹		1,378,136		34,370,702
Guggenheim Strategy Fund II¹		1,351,430		33,583,044
Guggenheim Ultra Short Duration Fund — Institutional Class¹		3,339,716		33,430,562
Total Mutual Funds
(Cost $99,883,953)				101,384,308

MONEY MARKET FUNDS^,† - 0.9%*
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 4.33%²		41,769,674		41,769,674
Federated Hermes U.S. Treasury Cash Reserves Fund — Institutional Shares, 4.30%²		304,753		304,753
Dreyfus Treasury Obligations Cash Management Fund — Institutional Shares, 4.34%²		298,108		298,108
Total Money Market Funds
(Cost $42,372,535)				42,372,535

		Face Amount^~
CORPORATE BONDS^†† - 31.7%
Financial - 17.8%
Athene Global Funding
5.43% (SOFR Compounded Index + 0.72%) due 01/07/25^◊,3		30,000,000		30,001,419
1.99% due 08/19/28³		15,850,000		14,165,990
1.73% due 10/02/26³		14,700,000		13,922,796
5.68% due 02/23/26³		4,750,000		4,788,710
Goldman Sachs Group, Inc.
3.50% due 04/01/25		42,900,000		42,746,966
Societe Generale S.A.
1.79% due 06/09/27^3,4		28,000,000		26,646,769
1.49% due 12/14/26^3,4		10,500,000		10,133,126
Bank of America Corp.
3.95% due 04/21/25		36,390,000		36,290,050
AEGON Funding Company LLC
5.50% due 04/16/27³		35,000,000		35,304,581
Brighthouse Financial Global Funding
5.55% due 04/09/27³		34,500,000		34,797,427
Corebridge Financial, Inc.
3.50% due 04/04/25		26,460,000		26,365,355
Equitable Financial Life Global Funding
1.40% due 07/07/25³		15,000,000		14,753,704
1.80% due 03/08/28³		12,000,000		10,845,611
UBS AG/Stamford CT
2.95% due 04/09/25		24,565,000		24,443,360
Cooperatieve Rabobank UA
1.34% due 06/24/26^3,4		15,000,000		14,743,417
1.98% due 12/15/27^3,4		10,000,000		9,470,173
CNO Global Funding
5.88% due 06/04/27³		13,100,000		13,339,531
4.88% due 12/10/27³		8,650,000		8,610,673
JPMorgan Chase & Co.
1.47% due 09/22/27⁴		15,000,000		14,189,402
5.04% due 01/23/28⁴		7,600,000		7,628,158
Jackson National Life Global Funding
1.75% due 01/12/25³		15,000,000		14,987,515
5.60% due 04/10/26³		6,750,000		6,801,139
GA Global Funding Trust
4.40% due 09/23/27³		14,650,000		14,441,094
1.63% due 01/15/26³		7,300,000		7,049,103
Pershing Square Holdings Ltd.
3.25% due 10/01/31³		25,600,000		21,064,308
LPL Holdings, Inc.
5.70% due 05/20/27		14,700,000		14,877,173
4.00% due 03/15/29³		4,450,000		4,214,356
4.63% due 11/15/27³		2,000,000		1,966,976
BNP Paribas S.A.
1.32% due 01/13/27^3,4		21,350,000		20,552,315
2.22% due 06/09/26^3,4		400,000		394,829
Reliance Standard Life Global Funding II
5.24% due 02/02/26³		20,850,000		20,861,602
Credit Agricole S.A.
1.25% due 01/26/27^3,4		17,950,000		17,237,446
1.91% due 06/16/26^3,4		400,000		394,155

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
CORPORATE BONDS^†† - 31.7% (continued)
Financial - 17.8% (continued)
Corebridge Global Funding
4.65% due 08/20/27³		9,500,000	$	9,465,175
5.75% due 07/02/26³		7,250,000		7,352,623
Macquarie Group Ltd.
1.63% due 09/23/27^3,4		16,750,000		15,829,742
FS KKR Capital Corp.
4.25% due 02/14/25³		7,600,000		7,586,528
2.63% due 01/15/27		7,400,000		7,004,124
Alexandria Real Estate Equities, Inc.
3.45% due 04/30/25		14,200,000		14,129,975
Rocket Mortgage LLC / Rocket Mortgage Company-Issuer, Inc.
2.88% due 10/15/26³		10,800,000		10,247,199
3.88% due 03/01/31³		4,100,000		3,572,317
F&G Global Funding
1.75% due 06/30/26³		14,250,000		13,560,346
CoStar Group, Inc.
2.80% due 07/15/30³		15,280,000		13,343,027
ABN AMRO Bank N.V.
1.54% due 06/16/27^3,4		14,000,000		13,326,895
American National Group, Inc.
5.00% due 06/15/27		13,075,000		13,005,066
SLM Corp.
3.13% due 11/02/26		12,096,000		11,538,686
Nationwide Building Society
2.97% due 02/16/28^3,4		11,300,000		10,811,209
Standard Chartered plc
5.69% due 05/14/28^3,4		10,600,000		10,735,674
Iron Mountain, Inc.
4.88% due 09/15/27³		7,360,000		7,176,211
5.00% due 07/15/28³		3,085,000		2,982,018
CBS Studio Center
7.45% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 02/09/25^{◊,†††}		10,000,000		9,982,304
ING Groep N.V.
1.73% due 04/01/27⁴		9,800,000		9,419,742
BPCE S.A.
1.65% due 10/06/26^3,4		9,500,000		9,250,250
United Wholesale Mortgage LLC
5.50% due 11/15/25³		7,120,000		7,084,930
5.50% due 04/15/29³		275,000		264,893
First American Financial Corp.
4.00% due 05/15/30		7,860,000		7,326,626
Macquarie Bank Ltd.
5.27% due 07/02/27³		7,100,000		7,209,513
Apollo Management Holdings, LP
4.40% due 05/27/26³		7,115,000		7,058,172
OneMain Finance Corp.
3.50% due 01/15/27		7,050,000		6,724,848
7.13% due 03/15/26		50,000		50,898
SBA Communications Corp.
3.13% due 02/01/29		6,500,000		5,867,130
RenaissanceRe Finance, Inc.
3.70% due 04/01/25		5,662,000		5,640,505
PennyMac Financial Services, Inc.
5.38% due 10/15/25³		5,150,000		5,136,179
National Bank of Canada
5.60% due 07/02/27⁴		4,650,000		4,701,993
QTS Good News Facility
7.80% (3 Month Term SOFR + 3.00%, Rate Floor: 0.00%) due 10/09/28^◊		4,471,454		4,471,454
Horace Mann Educators Corp.
4.50% due 12/01/25		4,420,000		4,390,492
Deloitte LLP
3.46% due 05/07/27^†††		4,500,000		4,319,567
Jefferies Finance LLC / JFIN Company-Issuer Corp.
5.00% due 08/15/28³		4,300,000		4,033,561
Fidelity & Guaranty Life Holdings, Inc.
5.50% due 05/01/25³		3,613,000		3,612,768
Peachtree Corners Funding Trust
3.98% due 02/15/25³		3,450,000		3,442,668
Hunt Companies, Inc.
5.25% due 04/15/29³		3,250,000		3,080,509
AMC East Communities LLC
5.74% due 01/15/28³		1,484,927		1,489,307
Brookfield Finance, Inc.
3.90% due 01/25/28		1,400,000		1,361,987
CNO Financial Group, Inc.
5.25% due 05/30/25		1,200,000		1,200,097
Trinity Acquisition plc
4.40% due 03/15/26		881,000		874,807
Old Republic International Corp.
3.88% due 08/26/26		700,000		688,298
Equinix, Inc.
1.55% due 03/15/28		700,000		630,511
Assurant, Inc.
4.90% due 03/27/28		350,000		349,049
Morgan Stanley
3.77% due 01/24/29⁴		361,000		348,135
Belvoir Land LLC
5.03% due 12/15/25³		297,303		296,622
Total Financial				830,003,859
Consumer, Non-cyclical - 2.9%
Global Payments, Inc.
2.90% due 05/15/30		28,801,000		25,641,229
3.20% due 08/15/29		2,199,000		2,014,233
Humana, Inc.
4.50% due 04/01/25		16,650,000		16,626,119
GXO Logistics, Inc.
6.25% due 05/06/29		15,000,000		15,359,893

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
CORPORATE BONDS^†† - 31.7% (continued)
Consumer, Non-cyclical - 2.9% (continued)
Element Fleet Management Corp.
5.64% due 03/13/27³		9,925,000	$	10,068,123
6.27% due 06/26/26³		4,400,000		4,474,860
Laboratory Corporation of America Holdings
1.55% due 06/01/26		10,571,000		10,100,983
PRA Health Sciences, Inc.
2.88% due 07/15/26³		10,280,000		9,899,648
Block, Inc.
2.75% due 06/01/26		7,600,000		7,323,351
Danone S.A.
2.95% due 11/02/26³		6,952,000		6,732,272
Valvoline, Inc.
3.63% due 06/15/31³		7,434,000		6,337,327
Royalty Pharma plc
1.75% due 09/02/27		5,150,000		4,743,911
BAT Capital Corp.
4.70% due 04/02/27		4,220,000		4,202,334
3.56% due 08/15/27		527,000		509,925
JBS USA Holding Lux SARL/ JBS USA Food Company/ JBS Lux Co SARL
5.13% due 02/01/28		4,306,000		4,275,841
IQVIA, Inc.
5.00% due 05/15/27³		2,300,000		2,256,811
HAH Group Holding Company LLC
9.75% due 10/01/31³		1,780,000		1,781,416
Triton Container International Ltd.
2.05% due 04/15/26³		1,800,000		1,724,829
Molina Healthcare, Inc.
4.38% due 06/15/28³		1,115,000		1,056,690
Avantor Funding, Inc.
4.63% due 07/15/28³		1,050,000		1,002,229
Smithfield Foods, Inc.
4.25% due 02/01/27³		350,000		342,274
Performance Food Group, Inc.
5.50% due 10/15/27³		100,000		99,155
Total Consumer, Non-cyclical				136,573,453
Industrial - 2.4%
Berry Global, Inc.
1.57% due 01/15/26		11,750,000		11,339,217
4.88% due 07/15/26³		5,165,000		5,144,324
5.80% due 06/15/31³		2,500,000		2,544,623
Sealed Air Corp.
1.57% due 10/15/26³		16,450,000		15,473,271
Amcor Flexibles North America, Inc.
4.00% due 05/17/25		13,690,000		13,639,180
Silgan Holdings, Inc.
1.40% due 04/01/26³		12,600,000		12,001,758
Vontier Corp.
1.80% due 04/01/26		7,050,000		6,760,804
2.40% due 04/01/28		3,900,000		3,519,477
3M Co.
2.65% due 04/15/25		8,263,000		8,207,798
Graphic Packaging International LLC
1.51% due 04/15/26³		6,500,000		6,193,013
Penske Truck Leasing Company LP / PTL Finance Corp.
4.45% due 01/29/26³		5,475,000		5,445,047
4.20% due 04/01/27³		500,000		491,692
Weir Group plc
2.20% due 05/13/26³		5,410,000		5,201,813
Penske Truck Leasing Company LP / PTL Finance Corp.
5.25% due 07/01/29³		4,750,000		4,767,107
Jabil, Inc.
1.70% due 04/15/26		3,800,000		3,647,586
GATX Corp.
3.85% due 03/30/27		2,900,000		2,833,439
3.50% due 03/15/28		200,000		190,941
Standard Industries, Inc.
4.75% due 01/15/28³		2,671,000		2,556,150
Crown Americas LLC / Crown Americas Capital Corporation VI
4.75% due 02/01/26		1,038,000		1,026,655
Brundage-Bone Concrete Pumping Holdings, Inc.
6.00% due 02/01/26³		800,000		799,543
Amsted Industries, Inc.
5.63% due 07/01/27³		425,000		420,906
4.63% due 05/15/30³		350,000		329,216
Summit Materials LLC / Summit Materials Finance Corp.
5.25% due 01/15/29³		275,000		276,928
6.50% due 03/15/27³		75,000		74,934
Enviri Corp.
5.75% due 07/31/27³		125,000		118,917
Total Industrial				113,004,339
Consumer, Cyclical - 2.4%
VF Corp.
2.40% due 04/23/25		23,000,000		22,749,252
LG Electronics, Inc.
5.63% due 04/24/27³		11,000,000		11,125,808
LG Energy Solution Ltd.
5.38% due 07/02/27³		9,650,000		9,677,952
Warnermedia Holdings, Inc.
6.41% due 03/15/26		8,050,000		8,053,209
United Airlines, Inc.
4.38% due 04/15/26³		8,125,000		7,988,978
Alt-2 Structured Trust
2.95% due 05/14/31^{◊,†††}		8,536,104		7,702,307
Choice Hotels International, Inc.
3.70% due 01/15/31		7,350,000		6,612,301
AS Mileage Plan IP Ltd.
5.02% due 10/20/29³		6,720,000		6,545,766

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
CORPORATE BONDS^†† - 31.7% (continued)
Consumer, Cyclical - 2.4% (continued)
Air Canada
3.88% due 08/15/26³		4,550,000	$	4,420,826
Hyatt Hotels Corp.
5.75% due 04/23/30		4,320,000		4,411,041
Delta Air Lines, Inc.
7.00% due 05/01/25³		4,300,000		4,318,179
American Airlines Class AA Pass Through Trust
3.35% due 10/15/29		2,268,719		2,125,230
3.00% due 10/15/28		1,401,791		1,307,484
Delta Air Lines, Inc. / SkyMiles IP Ltd.
4.50% due 10/20/25³		3,334,000		3,313,053
Newell Brands, Inc.
6.38% due 09/15/27		1,548,000		1,553,339
5.70% due 04/01/26		966,000		965,588
Beacon Roofing Supply, Inc.
4.50% due 11/15/26³		2,404,000		2,361,803
Suburban Propane Partners Limited Partnership/Suburban Energy Finance Corp.
5.88% due 03/01/27		2,300,000		2,281,885
Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd.
6.50% due 06/20/27³		1,675,000		1,685,557
Walgreens Boots Alliance, Inc.
3.45% due 06/01/26		1,650,000		1,597,104
Advance Auto Parts, Inc.
5.90% due 03/09/26		514,000		517,565
Tempur Sealy International, Inc.
4.00% due 04/15/29³		375,000		345,542
Hilton Domestic Operating Company, Inc.
5.38% due 05/01/25³		300,000		298,555
Total Consumer, Cyclical				111,958,324
Technology - 1.9%
CDW LLC / CDW Finance Corp.
2.67% due 12/01/26		22,350,000		21,435,130
3.25% due 02/15/29		810,000		746,182
Oracle Corp.
2.50% due 04/01/25		22,221,000		22,093,007
NetApp, Inc.
1.88% due 06/22/25		18,082,000		17,805,639
Infor, Inc.
1.75% due 07/15/25³		13,800,000		13,543,451
Microchip Technology, Inc.
5.05% due 02/15/30		11,000,000		10,923,715
Qorvo, Inc.
3.38% due 04/01/31³		1,200,000		1,026,302
4.38% due 10/15/29		963,000		903,133
Twilio, Inc.
3.63% due 03/15/29		994,000		914,137
NCR Voyix Corp.
5.13% due 04/15/29³		636,000		608,493
MSCI, Inc.
3.88% due 02/15/31³		379,000		346,992
Total Technology				90,346,181
Communications - 1.6%
Fox Corp.
3.05% due 04/07/25		45,864,000		45,643,978
Level 3 Financing, Inc.
3.88% due 10/15/30³		5,070,000		4,046,367
4.50% due 04/01/30³		2,277,000		1,887,982
11.00% due 11/15/29³		1,570,009		1,766,134
4.00% due 04/15/31³		2,150,000		1,693,125
NTT Finance Corp.
1.16% due 04/03/26³		7,598,000		7,275,458
Match Group Holdings II LLC
4.63% due 06/01/28³		4,775,000		4,547,158
Charter Communications Operating LLC / Charter Communications Operating Capital
2.80% due 04/01/31		3,250,000		2,740,726
Cogent Communications Group LLC
3.50% due 05/01/26³		2,680,000		2,594,877
CSC Holdings LLC
4.13% due 12/01/30³		250,000		179,591
AMC Networks, Inc.
4.25% due 02/15/29		225,000		176,618
Sirius XM Radio LLC
3.88% due 09/01/31³		75,000		62,758
Total Communications				72,614,772
Energy - 1.0%
NuStar Logistics, LP
5.75% due 10/01/25		11,504,000		11,502,005
Occidental Petroleum Corp.
5.00% due 08/01/27		6,100,000		6,102,897
5.50% due 12/01/25		5,000,000		5,013,942
HF Sinclair Corp.
6.38% due 04/15/27		8,593,000		8,719,547
BP Capital Markets plc
4.88% ^4,5		7,500,000		7,146,610
Venture Global LNG, Inc.
9.50% due 02/01/29³		4,600,000		5,084,223
Buckeye Partners, LP
4.13% due 03/01/25³		1,600,000		1,595,714
Targa Resources Partners Limited Partnership / Targa Resources Partners Finance Corp.
6.88% due 01/15/29		1,003,000		1,026,513
Gulfstream Natural Gas System LLC
4.60% due 09/15/25³		400,000		398,398
Sabine Pass Liquefaction LLC
5.00% due 03/15/27		300,000		300,623

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
CORPORATE BONDS^†† - 31.7% (continued)
Energy - 1.0% (continued)
Parkland Corp.
5.88% due 07/15/27³		80,000	$	79,238
Total Energy				46,969,710
Utilities - 0.9%
Avangrid, Inc.
3.20% due 04/15/25		19,179,000		19,081,807
Terraform Global Operating, LP
6.13% due 03/01/26³		9,020,000		8,996,553
Algonquin Power & Utilities Corp.
5.37% due 06/15/26		8,200,000		8,239,582
AES Corp.
3.30% due 07/15/25³		4,250,000		4,209,137
Total Utilities				40,527,079
Basic Materials - 0.7%
Anglo American Capital plc
2.25% due 03/17/28³		14,000,000		12,804,910
4.00% due 09/11/27³		750,000		729,538
5.38% due 04/01/25³		600,000		600,440
Kaiser Aluminum Corp.
4.63% due 03/01/28³		9,643,000		9,066,631
International Flavors & Fragrances, Inc.
1.23% due 10/01/25³		4,130,000		4,014,754
Alcoa Nederland Holding B.V.
5.50% due 12/15/27³		3,675,000		3,688,119
Carpenter Technology Corp.
6.38% due 07/15/28		1,145,000		1,145,174
Minerals Technologies, Inc.
5.00% due 07/01/28³		140,000		134,750
Total Basic Materials				32,184,316
Transporation - 0.1%
Stolthaven Houston, Inc.
5.88% due 07/17/31^†††		4,800,000		4,744,509
Total Corporate Bonds
(Cost $1,515,338,538)				1,478,926,542

COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 30.0%
Government Agency - 17.2%
Uniform MBS 15 Year
due 02/01/25⁶		424,950,000		415,552,231
due 02/01/25⁶		113,550,000		112,954,998
Uniform MBS 30 Year
due 02/01/25⁶		50,872,498		49,080,565
due 03/01/25⁶		50,872,497		49,056,705
due 02/01/25⁶		46,170,000		45,546,243
Freddie Mac
5.50% due 02/01/53		35,322,521		35,044,357
6.00% due 08/01/54		21,272,465		21,560,115
5.00% due 06/01/53		18,767,551		18,194,087
5.00% due 02/01/53		16,329,869		15,832,182
Fannie Mae
5.00% due 08/01/53		7,359,506		7,120,584
6.50% due 04/25/49		6,834,986		6,939,395
5.00% due 06/01/53		2,532,001		2,448,416
Ginnie Mae
6.00% due 09/20/45		12,134,111		12,171,938
6.00% due 06/20/47		1,774,747		1,780,411
Freddie Mac Seasoned Credit Risk Transfer Trust
2.00% due 05/25/60		2,975,304		2,332,505
2.00% due 11/25/59		1,676,813		1,307,170
Fannie Mae-Aces
1.49% (WAC) due 03/25/35^◊,7		5,949,210		495,598
Total Government Agency				797,417,500
Residential Mortgage-Backed Securities - 10.9%
CSMC Trust
2021-RPL1, 4.08% (WAC) due 09/27/60^◊,3		23,243,584		23,187,507
2021-RPL7, 4.19% (WAC) due 07/27/61^◊,3		10,451,844		10,421,461
2021-RPL4, 4.80% (WAC) due 12/27/60^◊,3		9,897,400		9,866,005
2021-NQM8, 2.41% (WAC) due 10/25/66^◊,3		6,989,183		6,041,756
2018-RPL9, 3.85% (WAC) due 09/25/57^◊,3		3,571,094		3,486,334
2020-NQM1, 2.41% due 05/25/65³		1,547,171		1,435,160
PRPM LLC
2021-5, 4.79% due 06/25/26^3,8		17,038,481		16,962,663
2022-1, 3.72% due 02/25/27^3,8		16,359,777		16,312,851
2021-8, 4.74% (WAC) due 09/25/26^◊,3		7,529,771		7,492,959
2024-RPL2, 3.50% due 05/25/54³		4,284,865		4,100,363
2024-4, 6.41% due 08/25/29^3,8		2,382,427		2,388,070
2021-RPL2, 2.49% (WAC) due 10/25/51^◊,3		2,500,000		2,102,783
2024-6, 5.70% due 11/25/29^3,8		1,949,356		1,949,552
Legacy Mortgage Asset Trust
2021-GS3, 4.75% due 07/25/61^3,8		18,206,741		18,183,729
2021-GS4, 4.65% due 11/25/60⁸		15,161,579		15,161,762
2021-GS2, 4.75% due 04/25/61^3,8		6,562,048		6,559,879
2021-GS5, 5.25% due 07/25/67^3,8		4,210,349		4,199,461
NYMT Loan Trust
2021-SP1, 4.67% due 08/25/61^3,8		29,803,786		29,591,848
2022-SP1, 5.25% due 07/25/62^3,8		8,545,546		8,477,725
OSAT Trust
2021-RPL1, 5.12% due 05/25/65^3,8		35,395,608		35,284,066

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 30.0% (continued)
Residential Mortgage-Backed Securities - 10.9% (continued)
OBX Trust
2024-NQM5, 5.99% due 01/25/64^3,8		17,900,882	$	17,991,738
2024-NQM18, 5.66% due 10/25/64^3,8		4,578,630		4,567,544
2024-NQM8, 6.23% due 05/25/64^3,8		2,959,520		2,984,871
2024-NQM9, 6.28% due 01/25/64⁸		2,523,994		2,538,923
2024-NQM17, 5.86% due 11/25/64⁸		1,984,529		1,987,604
2022-NQM9, 6.45% due 09/25/62^3,8		1,888,218		1,897,236
BRAVO Residential Funding Trust
2022-R1, 3.13% due 01/29/70^3,8		17,718,905		17,589,205
2021-HE2, 5.42% (30 Day Average SOFR + 0.85%, Rate Floor: 0.00%) due 11/25/69^◊,3		1,205,669		1,202,197
2021-HE2, 5.62% (30 Day Average SOFR + 1.05%, Rate Floor: 0.00%) due 11/25/69^◊,3		1,107,134		1,104,510
2021-HE1, 5.52% (30 Day Average SOFR + 0.95%, Rate Floor: 0.00%) due 01/25/70^◊,3		915,349		906,950
2021-HE1, 5.42% (30 Day Average SOFR + 0.85%, Rate Floor: 0.00%) due 01/25/70^◊,3		687,289		685,296
2022-NQM3, due 07/25/62^◊,3,6		659,366		655,054
Verus Securitization Trust
2021-4, 1.35% (WAC) due 07/25/66^◊,3		5,327,109		4,430,090
2021-5, 1.37% (WAC) due 09/25/66^◊,3		5,119,850		4,333,784
2020-5, 2.58% due 05/25/65³		3,310,490		3,205,608
2024-5, 6.45% due 06/25/69⁸		2,842,339		2,861,172
2021-3, 1.44% (WAC) due 06/25/66^◊,3		3,111,434		2,629,598
2021-6, 1.89% (WAC) due 10/25/66^◊,3		2,469,704		2,085,693
2020-1, 3.42% due 01/25/60³		471,092		461,612
JP Morgan Mortgage Trust
2021-12, 2.50% (WAC) due 02/25/52^◊,3		16,357,895		15,014,853
2024-NQM1, 5.59% due 02/25/64^3,8		2,250,000		2,252,590
FIGRE Trust
2024-HE6, 5.72% (WAC) due 12/25/54^◊,3		5,450,000		5,453,406
2024-HE2, 6.38% (WAC) due 05/25/54^◊,3		3,183,622		3,243,405
2024-HE5, 5.44% (WAC) due 10/25/54^◊,3		2,634,173		2,616,280
2024-HE3, 5.94% (WAC) due 07/25/54^◊,3		1,587,534		1,599,703
Citigroup Mortgage Loan Trust, Inc.
2022-A, 6.17% due 09/25/62^3,8		10,339,198		10,341,135
2006-WF1, 4.94% due 03/25/36		3,277,085		1,570,849
Towd Point Mortgage Trust
2017-6, 2.75% (WAC) due 10/25/57^◊,3		4,396,437		4,292,942
2024-4, 4.38% (WAC) due 10/27/64^◊,3		3,219,006		3,126,270
2018-2, 3.25% (WAC) due 03/25/58^◊,3		2,006,666		1,971,544
2023-CES1, 6.75% (WAC) due 07/25/63^◊,3		980,483		990,241
2017-5, 5.05% (1 Month Term SOFR + 0.71%, Rate Floor: 0.00%) due 02/25/57^◊,3		600,935		625,982
2018-1, 3.00% (WAC) due 01/25/58^◊,3		235,837		230,712
GS Mortgage-Backed Securities Trust
2021-PJ10, 2.50% (WAC) due 03/25/52^◊,3		10,208,310		9,271,606
2020-NQM1, 1.38% (WAC) due 09/27/60^◊,3		1,558,754		1,456,956
Imperial Fund Mortgage Trust
2022-NQM2, 4.02% (WAC) due 03/25/67^◊,3		10,566,480		9,575,671
ATLX Trust
2024-RPL2, 3.85% due 04/25/63^3,8		9,846,928		9,418,157
Angel Oak Mortgage Trust
2024-4, 6.20% due 01/25/69^3,8		5,203,832		5,235,307
2021-6, 1.71% (WAC) due 09/25/66^◊,3		2,313,864		1,888,139
2024-12, 5.86% due 10/25/69^3,8		1,294,761		1,293,769
Home Equity Loan Trust
2007-FRE1, 4.64% (1 Month Term SOFR + 0.30%, Rate Floor: 0.19%) due 04/25/37^◊		8,897,353		8,372,658

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 30.0% (continued)
Residential Mortgage-Backed Securities - 10.9% (continued)
Structured Asset Securities Corporation Mortgage Loan Trust
2008-BC4, 3.41% (1 Month Term SOFR + 0.74%, Rate Floor: 0.63%) due 11/25/37^◊		8,125,649	$	7,811,374
2006-BC4, 4.79% (1 Month Term SOFR + 0.45%, Rate Floor: 0.34%) due 12/25/36^◊		359,493		348,006
New Residential Mortgage Loan Trust
2018-2A, 3.50% (WAC) due 02/25/58^◊,3		4,265,958		3,984,879
2018-1A, 4.00% (WAC) due 12/25/57^◊,3		1,390,834		1,329,209
2019-6A, 3.50% (WAC) due 09/25/59^◊,3		1,081,396		1,007,137
2017-5A, 5.95% (1 Month Term SOFR + 1.61%, Rate Floor: 1.50%) due 06/25/57^◊,3		389,704		396,103
Mill City Securities Ltd.
2024-RS1, 3.00% due 11/01/69^3,8		4,235,999		3,856,877
2024-RS2, 3.00% due 08/01/69^3,8		2,450,000		2,264,033
Soundview Home Loan Trust
2006-OPT5, 4.73% (1 Month Term SOFR + 0.39%, Rate Floor: 0.28%) due 07/25/36^◊		5,764,140		5,534,742
2005-OPT3, 5.16% (1 Month Term SOFR + 0.82%, Rate Floor: 0.71%) due 11/25/35^◊		500,028		491,728
RCKT Mortgage Trust
2024-CES4, 6.15% due 06/25/44^3,8		5,473,063		5,514,986
Alternative Loan Trust
2007-OA7, 4.73% (1 Month Term SOFR + 0.39%, Rate Floor: 0.28%) due 05/25/47^◊		3,992,234		3,712,342
2007-OH3, 5.03% (1 Month Term SOFR + 0.69%, Rate Cap/Floor: 10.00%/0.58%) due 09/25/47^◊		1,932,469		1,730,735
LHOME Mortgage Trust
2024-RTL5, 5.32% due 09/25/39^3,8		4,700,000		4,654,818
NovaStar Mortgage Funding Trust Series
2007-2, 4.65% (1 Month Term SOFR + 0.31%, Rate Cap/Floor: 11.00%/0.20%) due 09/25/37^◊		4,753,330		4,614,217
Morgan Stanley ABS Capital I Incorporated Trust
2007-HE3, 4.70% (1 Month Term SOFR + 0.36%, Rate Floor: 0.25%) due 12/25/36^◊		4,253,070		2,118,235
2007-HE3, 4.60% (1 Month Term SOFR + 0.26%, Rate Floor: 0.15%) due 12/25/36^◊		3,046,899		1,517,544
2007-HE5, 4.63% (1 Month Term SOFR + 0.29%, Rate Floor: 0.18%) due 03/25/37^◊		1,515,365		635,098
2006-NC1, 5.02% (1 Month Term SOFR + 0.68%, Rate Floor: 0.57%) due 12/25/35^◊		100,551		99,618
American Home Mortgage Investment Trust
2006-3, 4.81% (1 Month Term SOFR + 0.47%, Rate Cap/Floor: 10.50%/0.36%) due 12/25/46^◊		5,052,034		4,129,922
BRAVO
2024-NQM6, 5.66% due 08/01/64^3,8		3,677,371		3,661,213
SPS Servicer Advance Receivables Trust
2020-T2, 1.83% due 11/15/55³		3,750,000		3,644,225
HOMES Trust
2024-AFC2, 5.58% (WAC) due 10/25/59^◊,3		3,651,536		3,638,842
Credit Suisse Mortgage Capital Certificates
2021-RPL9, 3.66% (WAC) due 02/25/61^◊,3		3,592,582		3,581,266
COLT Mortgage Loan Trust
2024-2, 6.13% due 04/25/69^3,8		2,044,047		2,055,059
2021-2, 2.38% (WAC) due 08/25/66^◊		1,500,000		1,018,066
Sequoia Mortgage Trust
2024-5, 6.00% (WAC) due 06/25/54^◊,3		2,968,249		2,972,770

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 30.0% (continued)
Residential Mortgage-Backed Securities - 10.9% (continued)
Vista Point Securitization Trust
2024-CES3, 5.68% due 01/25/55^3,8		2,900,000	$	2,904,533
GCAT Trust
2024-NQM2, 6.09% due 06/25/59⁸		2,844,509		2,859,258
HarborView Mortgage Loan Trust
2006-14, 4.78% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 01/25/47^◊		1,714,254		1,584,592
2006-12, 4.86% (1 Month Term SOFR + 0.49%, Rate Floor: 0.38%) due 01/19/38^◊		1,388,720		1,217,992
Securitized Asset Backed Receivables LLC Trust
2007-HE1, 4.67% (1 Month Term SOFR + 0.33%, Rate Floor: 0.22%) due 12/25/36^◊		12,568,077		2,669,657
IXIS Real Estate Capital Trust
2006-HE1, 5.05% (1 Month Term SOFR + 0.71%, Rate Floor: 0.60%) due 03/25/36^◊		4,492,387		2,315,312
Ellington Financial Mortgage Trust
2021-2, 1.29% (WAC) due 06/25/66^◊,3		1,830,297		1,507,356
2020-2, 1.64% (WAC) due 10/25/65^◊,3		710,312		652,829
Bear Stearns Asset-Backed Securities I Trust
2006-HE9, 4.73% (1 Month Term SOFR + 0.39%, Rate Floor: 0.28%) due 11/25/36^◊		2,198,541		2,159,066
Asset-Backed Securities Corporation Home Equity Loan Trust Series AEG
2006-HE1, 3.72% (1 Month Term SOFR + 0.71%, Rate Floor: 0.60%) due 01/25/36^◊		2,050,715		1,986,441
First NLC Trust
2005-4, 5.23% (1 Month Term SOFR + 0.89%, Rate Cap/Floor: 14.00%/0.78%) due 02/25/36^◊		1,615,118		1,573,968
Banc of America Funding Trust
2015-R2, 4.71% (1 Month Term SOFR + 0.37%, Rate Floor: 0.26%) due 04/29/37^◊,3		1,572,580		1,562,266
CFMT LLC
2022-HB9, 3.25% (WAC) due 09/25/37^◊,3		1,532,651		1,500,611
SG Residential Mortgage Trust
2022-1, 3.68% (WAC) due 03/27/62^◊,3		1,678,831		1,497,916
Argent Securities Incorporated Asset-Backed Pass-Through Certificates Series
2005-W2, 5.19% (1 Month Term SOFR + 0.85%, Rate Floor: 0.74%) due 10/25/35^◊		1,276,458		1,254,370
Morgan Stanley IXIS Real Estate Capital Trust
2006-2, 4.60% (1 Month Term SOFR + 0.26%, Rate Floor: 0.15%) due 11/25/36^◊		3,672,495		1,162,971
GSAA Home Equity Trust
2006-3, 5.05% (1 Month Term SOFR + 0.71%, Rate Floor: 0.60%) due 03/25/36^◊		2,120,110		1,027,227
Credit-Based Asset Servicing and Securitization LLC
2006-CB2, 3.19% (1 Month Term SOFR + 0.49%, Rate Floor: 0.38%) due 12/25/36^◊		1,028,809		976,492
Lehman XS Trust Series
2006-16N, 4.83% (1 Month Term SOFR + 0.49%, Rate Floor: 0.38%) due 11/25/46^◊		1,117,028		974,067
Structured Asset Investment Loan Trust
2006-3, 4.75% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 06/25/36^◊		749,922		710,941
Long Beach Mortgage Loan Trust
2006-8, 4.77% (1 Month Term SOFR + 0.43%, Rate Floor: 0.32%) due 09/25/36^◊		2,249,413		598,663

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 30.0% (continued)
Residential Mortgage-Backed Securities - 10.9% (continued)
ACE Securities Corporation Home Equity Loan Trust Series
2005-HE2, 5.47% (1 Month Term SOFR + 1.13%, Rate Floor: 1.02%) due 04/25/35^◊		570,084	$	549,047
Morgan Stanley Capital I Incorporated Trust
2006-HE1, 5.03% (1 Month Term SOFR + 0.69%, Rate Floor: 0.58%) due 01/25/36^◊		556,580		534,921
MFRA Trust
2021-INV1, 1.26% (WAC) due 01/25/56^◊,3		424,746		405,977
Residential Mortgage Loan Trust
2020-1, 2.38% (WAC) due 01/26/60^◊,3		328,931		322,629
Starwood Mortgage Residential Trust
2020-1, 2.28% (WAC) due 02/25/50^◊,3		256,071		241,371
Nomura Resecuritization Trust
2015-4R, 3.10% (1 Month Term SOFR + 0.54%, Rate Floor: 0.43%) due 03/26/36^◊		230,014		221,272
First Franklin Mortgage Loan Trust
2004-FF10, 5.73% (1 Month Term SOFR + 1.39%, Rate Floor: 1.28%) due 07/25/34^◊		182,505		179,066
Morgan Stanley Home Equity Loan Trust
2006-2, 5.01% (1 Month Term SOFR + 0.67%, Rate Floor: 0.56%) due 02/25/36^◊		85,327		85,065
Morgan Stanley Re-REMIC Trust
2010-R5, 3.50% due 06/26/36		34,395		32,152
Nationstar Home Equity Loan Trust
2007-B, 4.89% (1 Month Term SOFR + 0.33%, Rate Floor: 0.22%) due 04/25/37^◊		52		52
Total Residential Mortgage-Backed Securities				508,757,918
Commercial Mortgage-Backed Securities - 1.9%
BX Commercial Mortgage Trust
2021-VOLT, 6.16% (1 Month Term SOFR + 1.76%, Rate Floor: 1.65%) due 09/15/36^◊,3		25,000,000		24,937,915
2022-LP2, 5.96% (1 Month Term SOFR + 1.56%, Rate Floor: 1.56%) due 02/15/39^◊,3		11,410,000		11,367,212
2024-AIRC, 6.09% (1 Month Term SOFR + 1.69%, Rate Floor: 1.69%) due 08/15/39^◊,3		2,350,000		2,366,178
JP Morgan Chase Commercial Mortgage Securities Trust
2021-NYAH, 6.30% (1 Month Term SOFR + 1.90%, Rate Floor: 1.54%) due 06/15/38^◊,3		10,200,000		9,519,989
2016-JP2, 1.79% (WAC) due 08/15/49^◊,7		28,516,501		474,147
BX Trust
2024-VLT4, 6.34% (1 Month Term SOFR + 1.94%, Rate Floor: 1.94%) due 07/15/29^◊,3		7,800,000		7,840,416
BXHPP Trust
2021-FILM, 5.61% (1 Month Term SOFR + 1.21%, Rate Floor: 1.10%) due 08/15/36^◊,3		8,250,000		7,739,362
MHP
2022-MHIL, 5.66% (1 Month Term SOFR + 1.26%, Rate Floor: 1.26%) due 01/15/27^◊,3		7,292,911		7,251,889
Life Mortgage Trust
2021-BMR, 5.91% (1 Month Term SOFR + 1.51%, Rate Floor: 1.40%) due 03/15/38^◊,3		5,551,940		5,468,660

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 30.0% (continued)
Commercial Mortgage-Backed Securities - 1.9% (continued)
Extended Stay America Trust
2021-ESH, 6.21% (1 Month Term SOFR + 1.81%, Rate Floor: 1.70%) due 07/15/38^◊,3		3,523,163	$	3,527,567
Wells Fargo Commercial Mortgage Trust
2017-C38, 0.91% (WAC) due 07/15/50^◊,7		21,422,417		364,824
2017-C42, 0.86% (WAC) due 12/15/50^◊,7		13,874,852		288,145
2016-C37, 0.77% (WAC) due 12/15/49^◊,7		23,096,866		253,832
2017-RB1, 1.19% (WAC) due 03/15/50^◊,7		7,814,384		171,005
2015-LC22, 0.73% (WAC) due 09/15/58^◊,7		17,494,853		47,065
2016-NXS5, 1.39% (WAC) due 01/15/59^◊,7		4,392,013		44,028
JPMDB Commercial Mortgage Securities Trust
2018-C8, 0.60% (WAC) due 06/15/51^◊,7		29,693,633		474,092
2016-C4, 0.70% (WAC) due 12/15/49^◊,7		32,446,440		323,566
2016-C2, 1.47% (WAC) due 06/15/49^◊,7		6,077,506		76,904
2017-C5, 0.87% (WAC) due 03/15/50^◊,7		2,955,110		36,122
BENCHMARK Mortgage Trust
2018-B2, 0.45% (WAC) due 02/15/51^◊,7		84,684,607		895,209
DBJPM Mortgage Trust
2017-C6, 0.95% (WAC) due 06/10/50^◊,7		43,084,018		761,807
BBCMS Mortgage Trust
2018-C2, 0.75% (WAC) due 12/15/51^◊,7		28,778,749		664,907
CSAIL Commercial Mortgage Trust
2019-C15, 0.99% (WAC) due 03/15/52^◊,7		17,478,190		566,570
2016-C6, 1.85% (WAC) due 01/15/49^◊,7		5,839,929		80,231
UBS Commercial Mortgage Trust
2017-C2, 1.06% (WAC) due 08/15/50^◊,7		21,037,491		447,724
2017-C5, 1.13% (WAC) due 11/15/50^◊,7		9,426,899		195,922
Bank of America Merrill Lynch Commercial Mortgage Trust
2017-BNK3, 1.00% (WAC) due 02/15/50^◊,7		28,532,622		449,400
2016-UB10, 1.72% (WAC) due 07/15/49^◊,7		9,743,468		122,313
COMM Mortgage Trust
2018-COR3, 0.44% (WAC) due 05/10/51^◊,7		35,000,899		441,410
2015-CR24, 0.68% (WAC) due 08/10/48^◊,7		48,536,027		59,491
Morgan Stanley Bank of America Merrill Lynch Trust
2017-C34, 0.77% (WAC) due 11/15/52^◊,7		22,392,936		349,110
2015-C27, 0.85% (WAC) due 12/15/47^◊,7		26,975,304		60,721
CGMS Commercial Mortgage Trust
2017-B1, 0.72% (WAC) due 08/15/50^◊,7		19,414,516		295,879
CD Commercial Mortgage Trust
2017-CD4, 1.22% (WAC) due 05/10/50^◊,7		13,110,132		282,668
CD Mortgage Trust
2017-CD6, 0.89% (WAC) due 11/13/50^◊,7		11,174,012		204,665
2016-CD1, 1.34% (WAC) due 08/10/49^◊,7		5,457,318		63,553
GS Mortgage Securities Trust
2017-GS6, 1.00% (WAC) due 05/10/50^◊,7		10,789,885		194,616
BANK
2017-BNK6, 0.78% (WAC) due 07/15/60^◊,7		11,733,393		185,850
Citigroup Commercial Mortgage Trust
2016-C2, 1.65% (WAC) due 08/10/49^◊,7		5,823,754		98,800
2016-GC37, 1.64% (WAC) due 04/10/49^◊,7		2,728,400		31,600
Total Commercial Mortgage-Backed Securities				89,025,364
Total Collateralized Mortgage Obligations
(Cost $1,423,125,530)				1,395,200,782

ASSET-BACKED SECURITIES^†† - 23.9%
Collateralized Loan Obligations - 13.6%
THL Credit Lake Shore MM CLO I Ltd.
2021-1A A1R, 6.62% (3 Month Term SOFR + 1.96%, Rate Floor: 1.70%) due 04/15/33^◊,3		47,863,784		47,988,230
2021-1A A2R, 6.77% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 04/15/33^◊,3		6,250,000		6,373,187

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
ASSET-BACKED SECURITIES^†† - 23.9% (continued)
Collateralized Loan Obligations - 13.6% (continued)
Golub Capital Partners CLO 49M Ltd.
2021-49A AR, 6.41% (3 Month Term SOFR + 1.79%, Rate Floor: 1.79%) due 08/26/33^◊,3		36,500,000	$	36,545,614
Golub Capital Partners CLO 54M LP
2021-54A A, 6.35% (3 Month Term SOFR + 1.79%, Rate Floor: 1.53%) due 08/05/33^◊,3		29,000,000		29,036,212
Owl Rock CLO IV Ltd.
2021-4A A1R, 6.38% (3 Month Term SOFR + 1.86%, Rate Floor: 1.60%) due 08/20/33^◊,3		24,250,000		24,254,666
2021-4A A2R, 6.68% (3 Month Term SOFR + 2.16%, Rate Floor: 1.90%) due 08/20/33^◊,3		3,650,000		3,650,806
Golub Capital Partners CLO 16 Ltd.
2021-16A A1R2, 6.50% (3 Month Term SOFR + 1.87%, Rate Floor: 1.61%) due 07/25/33^◊,3		27,650,000		27,755,363
BXMT Ltd.
2020-FL2 AS, 5.65% (1 Month Term SOFR + 1.26%, Rate Floor: 1.26%) due 02/15/38^◊,3		14,310,000		14,091,916
2020-FL2 A, 5.40% (1 Month Term SOFR + 1.01%, Rate Floor: 1.01%) due 02/15/38^◊,3		4,569,005		4,490,476
2020-FL3 AS, 6.25% (1 Month Term SOFR + 1.86%, Rate Floor: 1.86%) due 11/15/37^◊,3		4,500,000		4,427,422
2020-FL2 B, 5.90% (1 Month Term SOFR + 1.51%, Rate Floor: 1.51%) due 02/15/38^◊,3		2,000,000		1,963,088
2020-FL3 B, 6.65% (1 Month Term SOFR + 2.26%, Rate Floor: 2.26%) due 11/15/37^◊,3		2,000,000		1,941,159
Parliament CLO II Ltd.
2021-2A B, 6.48% (3 Month Term SOFR + 1.96%, Rate Floor: 1.70%) due 08/20/32^◊,3		22,250,000		22,255,438
2021-2A A, 6.13% (3 Month Term SOFR + 1.61%, Rate Floor: 1.35%) due 08/20/32^◊,3		1,659,434		1,661,219
2021-2A C, 7.33% (3 Month Term SOFR + 2.81%, Rate Floor: 2.55%) due 08/20/32^◊,3		500,000		500,572
Golub Capital Partners CLO 33M Ltd.
2021-33A AR2, 6.64% (3 Month Term SOFR + 2.12%, Rate Floor: 1.86%) due 08/25/33^◊,3		23,000,000		23,028,065
Madison Park Funding XLVIII Ltd.
2021-48A B, 6.33% (3 Month Term SOFR + 1.71%, Rate Floor: 1.71%) due 04/19/33^◊,3		22,000,000		22,041,230
Cerberus Loan Funding XLIV LLC
2024-5A A, 7.01% (3 Month Term SOFR + 2.35%, Rate Floor: 2.35%) due 01/15/36^◊,3		20,000,000		20,160,380
Cerberus Loan Funding XL LLC
2023-1A A, 7.06% (3 Month Term SOFR + 2.40%, Rate Floor: 2.40%) due 03/22/35^◊,3		16,500,000		16,527,307
2023-1A B, 8.26% (3 Month Term SOFR + 3.60%, Rate Floor: 3.60%) due 03/22/35^◊,3		3,250,000		3,278,163
Cerberus Loan Funding XXXII, LP
2021-2A A, 6.54% (3 Month Term SOFR + 1.88%, Rate Floor: 1.88%) due 04/22/33^◊,3		14,250,000		14,285,367
2021-2A B, 6.82% (3 Month Term SOFR + 2.16%, Rate Floor: 2.16%) due 04/22/33^◊,3		4,000,000		4,001,922
LCCM Trust
2021-FL3 A, 5.96% (1 Month Term SOFR + 1.56%, Rate Floor: 1.56%) due 11/15/38^◊,3		11,985,219		11,974,642
2021-FL2 B, 6.41% (1 Month Term SOFR + 2.01%, Rate Floor: 2.01%) due 12/13/38^◊,3		6,000,000		5,936,992
Palmer Square Loan Funding Ltd.
2021-3A B, 6.63% (3 Month Term SOFR + 2.01%, Rate Floor: 2.01%) due 07/20/29^◊,3		5,000,000		5,008,568

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
ASSET-BACKED SECURITIES^†† - 23.9% (continued)
Collateralized Loan Obligations - 13.6% (continued)
2022-1A A2, 6.25% (3 Month Term SOFR + 1.60%, Rate Floor: 1.60%) due 04/15/30^◊,3		5,000,000	$	5,007,431
2021-2A B, 6.18% (3 Month Term SOFR + 1.66%, Rate Floor: 1.66%) due 05/20/29^◊,3		4,000,000		4,002,760
2023-2A A2, 6.93% (3 Month Term SOFR + 2.30%, Rate Floor: 2.30%) due 01/25/32^◊,3		2,000,000		2,006,325
BRSP Ltd.
2021-FL1 C, 6.63% (1 Month Term SOFR + 2.26%, Rate Floor: 2.15%) due 08/19/38^◊,3		10,000,000		9,744,546
2021-FL1 B, 6.38% (1 Month Term SOFR + 2.01%, Rate Floor: 1.90%) due 08/19/38^◊,3		6,400,000		6,233,391
ACRES Commercial Realty Ltd.
2021-FL1 B, 6.30% (1 Month Term SOFR + 1.91%, Rate Floor: 1.91%) due 06/15/36^◊,3		11,200,000		10,974,903
2021-FL1 C, 6.50% (1 Month Term SOFR + 2.11%, Rate Floor: 2.11%) due 06/15/36^◊,3		4,800,000		4,652,315
Fortress Credit BSL XV Ltd.
2024-2A AR, 6.03% (3 Month Term SOFR + 1.40%, Rate Floor: 1.40%) due 10/18/33^◊,3		15,000,000		15,037,854
Cerberus Loan Funding XXXIII, LP
2021-3A A, 6.47% (3 Month Term SOFR + 1.82%, Rate Floor: 1.56%) due 07/23/33^◊,3		11,500,000		11,536,115
2021-3A B, 6.76% (3 Month Term SOFR + 2.11%, Rate Floor: 1.85%) due 07/23/33^◊,3		2,250,000		2,250,929
HERA Commercial Mortgage Ltd.
2021-FL1 A, 5.54% (1 Month Term SOFR + 1.16%, Rate Floor: 1.05%) due 02/18/38^◊,3		8,848,877		8,806,611
2021-FL1 B, 6.09% (1 Month Term SOFR + 1.71%, Rate Floor: 1.60%) due 02/18/38^◊,3		3,750,000		3,674,661
ABPCI Direct Lending Fund CLO I LLC
2021-1A A1A2, 6.58% (3 Month Term SOFR + 1.96%, Rate Floor: 1.96%) due 07/20/33^◊,3		12,250,000		12,397,097
Fortress Credit Opportunities IX CLO Ltd.
2021-9A A2TR, 6.72% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 10/15/33^◊,3		11,500,000		11,521,192
FS Rialto
2021-FL3 B, 6.31% (1 Month Term SOFR + 1.91%, Rate Floor: 1.91%) due 11/16/36^◊,3		7,500,000		7,428,233
2021-FL2 C, 6.56% (1 Month Term SOFR + 2.16%, Rate Floor: 2.16%) due 05/16/38^◊,3		3,250,000		3,173,527
Owl Rock CLO II Ltd.
2021-2A ALR, 6.43% (3 Month Term SOFR + 1.81%, Rate Floor: 1.55%) due 04/20/33^◊,3		10,500,000		10,519,012
KREF
2021-FL2 B, 6.15% (1 Month Term SOFR + 1.76%, Rate Floor: 1.65%) due 02/15/39^◊,3		10,700,000		10,489,640
Cerberus Loan Funding XXXI, LP
2021-1A B, 6.82% (3 Month Term SOFR + 2.16%, Rate Floor: 1.90%) due 04/15/32^◊,3		9,568,119		9,572,173
GoldenTree Loan Management US CLO 1 Ltd.
2024-9A BR, 6.57% (3 Month Term SOFR + 1.95%, Rate Floor: 1.95%) due 04/20/37^◊,3		8,250,000		8,316,968
Cerberus Loan Funding XXXV, LP
2021-5A A, 6.42% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 09/22/33^◊,3		8,000,000		8,016,992
LoanCore Issuer Ltd.
2021-CRE5 B, 6.51% (1 Month Term SOFR + 2.11%, Rate Floor: 2.11%) due 07/15/36^◊,3		7,900,000		7,803,506

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
ASSET-BACKED SECURITIES^†† - 23.9% (continued)
Collateralized Loan Obligations - 13.6% (continued)
Golub Capital Partners CLO 36M Ltd.
2018-36A A, 6.12% (3 Month Term SOFR + 1.56%, Rate Floor: 0.00%) due 02/05/31^◊,3		7,734,850	$	7,746,356
Cerberus Loan Funding XLVIII LLC
2024-4A B, 6.30% (3 Month Term SOFR + 1.85%, Rate Floor: 1.85%) due 10/15/36^◊,3		4,250,000		4,313,403
2024-4A AN, 6.10% (3 Month Term SOFR + 1.65%, Rate Floor: 1.65%) due 10/15/36^◊,3		3,250,000		3,274,361
BCC Middle Market CLO LLC
2021-1A A1R, 6.42% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 10/15/33^◊,3		6,750,000		6,768,471
Neuberger Berman Loan Advisers CLO 40 Ltd.
2021-40A B, 6.31% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 04/16/33^◊,3		6,000,000		6,008,654
Fontainbleau Vegas
10.13% (1 Month Term SOFR + 5.65%, Rate Floor: 1.00%) due 01/31/26^{◊,†††}		6,000,000		6,000,000
LCM XXIV Ltd.
2021-24A AR, 5.86% (3 Month Term SOFR + 1.24%, Rate Floor: 0.98%) due 03/20/30^◊,3		5,949,305		5,953,198
MF1 Multifamily Housing Mortgage Loan Trust
2021-FL6 B, 6.14% (1 Month Term SOFR + 1.76%, Rate Floor: 1.65%) due 07/16/36^◊,3		6,000,000		5,910,281
Cerberus Loan Funding XLII LLC
2023-3A A1, 7.13% (3 Month Term SOFR + 2.48%, Rate Floor: 2.48%) due 09/13/35^◊,3		5,750,000		5,785,002
STWD Ltd.
2019-FL1 C, 6.46% (1 Month Term SOFR + 2.06%, Rate Floor: 2.06%) due 07/15/38^◊,3		3,200,000		3,179,841
2021-FL2 B, 6.29% (1 Month Term SOFR + 1.91%, Rate Floor: 1.80%) due 04/18/38^◊,3		2,187,000		2,115,098
Carlyle Direct Lending CLO LLC
2024-1A A11A, 6.46% (3 Month Term SOFR + 1.80%, Rate Floor: 1.80%) due 07/15/36^◊,3		5,150,000		5,167,101
Cerberus Loan Funding XLVII LLC
2024-3A A, 6.41% (3 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 07/15/36^◊,3		5,000,000		5,025,735
CIFC Funding Ltd.
2021-4A A1B2, 6.13% (3 Month Term SOFR + 1.51%, Rate Floor: 1.51%) due 04/20/34^◊,3		5,000,000		5,025,030
HGI CRE CLO Ltd.
2021-FL2 A, 5.51% (1 Month Term SOFR + 1.11%, Rate Floor: 1.11%) due 09/17/36^◊,3		2,995,263		2,977,264
2021-FL2 B, 6.01% (1 Month Term SOFR + 1.61%, Rate Floor: 1.61%) due 09/17/36^◊,3		2,000,000		1,981,694
BDS Ltd.
2021-FL9 C, 6.39% (1 Month Term SOFR + 2.01%, Rate Floor: 1.90%) due 11/16/38^◊,3		5,000,000		4,862,017
BSPRT Issuer Ltd.
2021-FL6 C, 6.56% (1 Month Term SOFR + 2.16%, Rate Floor: 2.05%) due 03/15/36^◊,3		5,000,000		4,849,567
VOYA CLO
2021-2A BR, 7.07% (3 Month Term SOFR + 2.41%, Rate Floor: 2.15%) due 06/07/30^◊,3		4,500,000		4,512,296
Neuberger Berman Loan Advisers CLO 32 Ltd.
2021-32A BR, 6.28% (3 Month Term SOFR + 1.66%, Rate Floor: 1.40%) due 01/20/32^◊,3		4,000,000		4,007,688
Greystone Commercial Real Estate Notes
2021-FL3 B, 6.16% (1 Month Term SOFR + 1.76%, Rate Floor: 1.65%) due 07/15/39^◊,3		2,200,000		2,182,739

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
ASSET-BACKED SECURITIES^†† - 23.9% (continued)
Collateralized Loan Obligations - 13.6% (continued)
NewStar Fairfield Fund CLO Ltd.
2018-2A A1N, 6.15% (3 Month Term SOFR + 1.53%, Rate Floor: 1.27%) due 04/20/30^◊,3		2,050,560	$	2,052,901
KREF Funding V LLC
6.26% (1 Month Term SOFR + 1.86%, Rate Floor: 1.86%) due 06/25/26^{◊,†††}		1,920,143		1,911,074
0.15% due 06/25/26^†††,7		27,272,727		19,364
Owl Rock CLO X LLC
2023-10A A, 7.07% (3 Month Term SOFR + 2.45%, Rate Floor: 2.45%) due 04/20/35^◊,3		1,250,000		1,254,345
ACRE Commercial Mortgage Ltd.
2021-FL4 AS, 5.59% (1 Month Term SOFR + 1.21%, Rate Floor: 1.10%) due 12/18/37^◊,3		1,227,976		1,222,516
Dryden 37 Senior Loan Fund
2015-37A Q, due 01/15/31^3,9		1,500,000		1,045,150
Golub Capital Partners CLO 17 Ltd.
2017-17A A1R, 6.54% (3 Month Term SOFR + 1.91%, Rate Floor: 0.00%) due 10/25/30^◊,3		565,029		565,355
Treman Park CLO Ltd.
2015-1A COM, due 10/20/28^3,9		325,901		932
Copper River CLO Ltd.
2007-1A INC, due 01/20/21^9,10		500,000		50
Total Collateralized Loan Obligations				632,061,668
Financial - 2.2%
Station Place Securitization Trust
2024-SP1, 5.85% (1 Month Term SOFR + 1.40%, Rate Floor: 1.40%) due 08/12/25^{◊,†††,3}		8,775,000		8,775,000
2024-SP2, 6.15% (1 Month Term SOFR + 1.70%, Rate Floor: 1.70%) due 07/12/26^{◊,†††,3}		8,775,000		8,775,000
2024-SP4, 5.70% (1 Month Term SOFR + 1.30%, Rate Floor: 1.30%) due 11/17/25^{◊,†††,3}		5,675,000		5,675,000
2024-SP3, 5.70% (1 Month Term SOFR + 1.30%, Rate Floor: 1.30%) due 11/17/25^{◊,†††,3}		2,825,000		2,825,000
Strategic Partners Fund VIII, LP
7.17% (1 Month Term SOFR + 2.60%, Rate Floor: 2.60%) due 03/10/26^{◊,†††}		19,409,800		19,258,708
KKR Core Holding Company LLC
4.00% due 08/12/31^†††		15,994,112		14,462,170
HV Eight LLC
7.48% (3 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 12/31/27^{◊,†††}		EUR 9,949,550		10,258,069
Project Onyx I
7.74% (3 Month Term SOFR + 2.80%, Rate Floor: 2.80%) due 01/26/27^{◊,†††}		7,984,846		7,902,467
Project Onyx
7.34% (3 Month Term SOFR + 2.80%, Rate Floor: 2.80%) due 01/26/28^{◊,†††}		5,588,964		5,534,143
Thunderbird A
5.50% due 03/01/37^†††		5,535,373		5,100,849
Lightning A
5.50% due 03/01/37^†††		5,518,641		5,085,431
Ceamer Finance LLC
3.69% due 03/24/31^†††		2,851,034		2,703,303
6.79% due 11/15/39^†††		2,200,000		2,200,000
Project Onyx II
7.74% (3 Month Term SOFR + 2.80%, Rate Floor: 2.80%) due 01/26/27^{◊,†††}		2,194,442		2,175,403
Total Financial				100,730,543
Whole Business - 1.7%
Taco Bell Funding LLC
2021-1A, 1.95% due 08/25/51³		18,421,875		17,203,587
SERVPRO Master Issuer LLC
2021-1A, 2.39% due 04/25/51³		11,676,500		10,521,008
2019-1A, 3.88% due 10/25/49³		6,317,500		6,138,567
Subway Funding LLC
2024-1A, 6.03% due 07/30/54³		8,900,000		9,008,365

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
ASSET-BACKED SECURITIES^†† - 23.9% (continued)
Whole Business - 1.7% (continued)
2024-3A, 5.25% due 07/30/54³		7,200,000	$	7,011,119
ServiceMaster Funding LLC
2020-1, 2.84% due 01/30/51³		8,722,379		7,947,727
Wingstop Funding LLC
2020-1A, 2.84% due 12/05/50³		7,742,100		7,238,352
Arbys Funding LLC
2020-1A, 3.24% due 07/30/50³		6,941,875		6,591,347
DB Master Finance LLC
2019-1A, 4.02% due 05/20/49³		2,842,500		2,801,659
Domino’s Pizza Master Issuer LLC
2017-1A, 4.12% due 07/25/47³		1,692,000		1,647,059
2018-1A, 4.12% due 07/25/48³		947,500		941,849
Total Whole Business				77,050,639
Net Lease - 1.6%
Oak Street Investment Grade Net Lease Fund Series
2020-1A, 1.85% due 11/20/50³		37,432,068		36,115,549
STORE Master Funding I LLC
2015-1A, 4.17% due 04/20/45³		10,182,833		10,140,188
Capital Automotive REIT
2024-2A, 4.90% due 05/15/54³		5,371,667		5,298,846
2020-1A, 3.48% due 02/15/50³		1,964,583		1,878,175
STORE Master Funding LLC
2021-1A, 2.86% due 06/20/51³		6,828,374		6,216,474
CF Hippolyta Issuer LLC
2021-1A, 1.98% due 03/15/61³		5,748,930		5,359,418
CMFT Net Lease Master Issuer LLC
2021-1, 2.91% due 07/20/51³		3,000,000		2,697,978
2021-1, 2.51% due 07/20/51³		2,500,000		2,223,741
New Economy Assets Phase 1 Sponsor LLC
2021-1, 1.91% due 10/20/61³		2,500,000		2,305,060
CARS-DB4, LP
2020-1A, 3.25% due 02/15/50³		883,654		791,599
Total Net Lease				73,027,028
Transport-Container - 1.5%
Triton Container Finance VIII LLC
2021-1A, 1.86% due 03/20/46³		27,590,625		24,550,301
Textainer Marine Containers VII Ltd.
2021-1A, 1.68% due 02/20/46³		7,834,666		7,084,516
2020-1A, 2.73% due 08/21/45³		3,354,898		3,192,959
2020-2A, 2.10% due 09/20/45³		2,941,774		2,721,868
TIF Funding II LLC
2021-1A, 1.65% due 02/20/46³		12,569,813		11,108,826
CLI Funding VI LLC
2020-3A, 2.07% due 10/18/45³		10,260,000		9,426,404
2020-1A, 2.08% due 09/18/45³		1,137,806		1,042,714
CLI Funding VIII LLC
2021-1A, 1.64% due 02/18/46³		11,095,090		10,022,633
CAL Funding IV Ltd.
2020-1A, 2.22% due 09/25/45³		2,392,969		2,219,364
Total Transport-Container				71,369,585
Infrastructure - 1.1%
VB-S1 Issuer LLC - VBTEL
2022-1A, 4.29% due 02/15/52³		9,250,000		8,884,495
2024-1A, 5.59% due 05/15/54³		4,000,000		4,005,892
Aligned Data Centers Issuer LLC
2021-1A, 1.94% due 08/15/46³		11,150,000		10,599,584
SBA Tower Trust
1.63% due 11/15/26³		5,723,000		5,364,611
2.84% due 01/15/25³		3,550,000		3,546,358
1.84% due 04/15/27³		1,200,000		1,110,143
Stack Infrastructure Issuer LLC
2020-1A, 1.89% due 08/25/45³		5,169,000		5,063,496
2021-1A, 1.88% due 03/26/46³		2,750,000		2,645,506
Crown Castle Towers LLC
3.66% due 05/15/25³		5,850,000		5,819,712

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
ASSET-BACKED SECURITIES^†† - 23.9% (continued)
Infrastructure - 1.1% (continued)
Switch ABS Issuer LLC
2024-2A, 5.44% due 06/25/54³		5,450,000	$	5,436,313
Total Infrastructure				52,476,110
Transport-Aircraft - 0.9%
AASET Trust
2021-1A, 2.95% due 11/16/41³		9,169,161		8,554,405
2024-1A, 6.26% due 05/16/49³		6,498,607		6,545,265
Sapphire Aviation Finance II Ltd.
2020-1A, 3.23% due 03/15/40³		4,790,829		4,503,523
AASET US Ltd.
2018-2A, 4.45% due 11/18/38³		4,561,708		4,470,551
AASET Ltd.
2024-2A, 5.93% due 09/16/49³		4,275,019		4,249,440
KDAC Aviation Finance Ltd.
2017-1A, 4.21% due 12/15/42³		4,133,486		3,999,189
Navigator Aircraft ABS Ltd.
2021-1, 2.77% due 11/15/46³		2,539,154		2,333,235
Castlelake Aircraft Structured Trust
2021-1A, 3.47% due 01/15/46³		2,339,387		2,248,041
Sapphire Aviation Finance I Ltd.
2018-1A, 4.25% due 03/15/40³		1,709,343		1,671,122
Castlelake Aircraft Securitization Trust
2018-1, 4.13% due 06/15/43³		1,632,019		1,550,421
Falcon Aerospace Ltd.
2019-1, 3.60% due 09/15/39³		1,348,838		1,274,552
2017-1, 4.58% due 02/15/42³		205,749		202,870
MAPS Ltd.
2018-1A, 4.21% due 05/15/43³		1,436,649		1,427,334
Total Transport-Aircraft				43,029,948
Single Family Residence - 0.5%
FirstKey Homes Trust
2020-SFR2, 4.00% due 10/19/37³		5,050,000		4,955,113
2020-SFR2, 4.50% due 10/19/37³		4,900,000		4,822,868
2020-SFR2, 1.67% due 10/19/37³		3,950,000		3,842,977
2021-SFR1, 2.19% due 08/17/38³		4,000,000		3,795,845
2020-SFR2, 3.37% due 10/19/37³		3,200,000		3,127,169
Tricon Residential Trust
2024-SFR2, 4.75% due 06/17/40³		4,996,892		4,933,465
Total Single Family Residence				25,477,437
Collateralized Debt Obligations - 0.5%
Anchorage Credit Funding 4 Ltd.
2021-4A AR, 2.72% due 04/27/39³		24,650,000		22,887,311
Automotive - 0.2%
Avis Budget Rental Car Funding AESOP LLC
2021-1A, 1.38% due 08/20/27³		5,675,000		5,410,276
2020-2A, 2.02% due 02/20/27³		4,550,000		4,440,834
Total Automotive				9,851,110
Insurance - 0.1%
Obra Longevity
8.48% due 06/30/39^†††		5,850,000		6,070,265
Total Asset-Backed Securities
(Cost $1,136,009,987)				1,114,031,644

U.S. GOVERNMENT SECURITIES^†† - 21.8%
U.S. Treasury Notes
4.75% due 07/31/25		200,000,000		200,550,690
4.38% due 07/31/26		161,250,000		161,516,055
4.25% due 11/30/26		115,100,000		115,077,112
4.63% due 06/30/25		100,000,000		100,240,638
4.13% due 10/31/26		90,000,000		89,795,137
3.75% due 08/31/26		68,000,000		67,461,801
4.00% due 12/15/27		50,000,000		49,615,472
3.38% due 09/15/27		47,000,000		45,929,325
4.25% due 01/31/26		15,700,000		15,700,303
3.50% due 09/30/26		250,000		246,851
U.S. Treasury Inflation Indexed Bonds
2.13% due 04/15/29¹²		54,769,162		54,835,281
0.13% due 10/15/25¹²		42,759,272		42,265,056
1.25% due 04/15/28¹²		25,118,640		24,472,654
0.50% due 01/15/28¹²		22,917,994		21,908,207
0.38% due 01/15/27¹²		19,459,145		18,867,276
1.38% due 07/15/33¹²		5,373,129		5,026,190
Total U.S. Government Securities
(Cost $1,014,159,832)				1,013,508,048

SENIOR FLOATING RATE INTERESTS^††,◊ - 2.5%
Financial - 0.9%
Jane Street Group, LLC
6.40% (3 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 01/26/28		11,511,170		11,495,399

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 2.5% (continued)
Financial - 0.9% (continued)
QTS Good News Facility
7.10% (3 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 10/09/28^◊		11,450,000	$	11,450,000
Citadel Securities, LP
6.33% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 10/31/31		7,338,125		7,354,783
Jefferies Finance LLC
7.36% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 10/21/31		5,200,000		5,216,276
Eagle Point Holdings Borrower LLC
8.38% (3 Month Term SOFR + 3.75%, Rate Floor: 4.75%) due 03/31/28^†††		2,600,000		2,600,000
Starwood Property Mortgage LLC
due 12/12/29		300,000		298,875
AmWINS Group, Inc.
6.72% (1 Month Term SOFR + 2.25%, Rate Floor: 3.00%) due 02/19/28		174,546		174,989
Total Financial				38,590,322
Communications - 0.3%
Playtika Holding Corp.
7.22% (1 Month Term SOFR + 2.75%, Rate Floor: 3.75%) due 03/13/28		10,202,500		10,220,558
Zayo Group Holdings, Inc.
7.47% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 03/09/27		1,500,000		1,401,870
SBA Senior Finance II LLC
6.11% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 01/25/31		744,375		744,122
Virgin Media Bristol LLC
7.01% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 01/31/28		600,000		595,248
Total Communications				12,961,798
Industrial - 0.3%
Harsco Corporation
6.72% (1 Month Term SOFR + 2.25%, Rate Floor: 2.75%) due 03/10/28		3,984,036		3,974,913
United Rentals, Inc.
6.11% (1 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 02/14/31		3,324,875		3,348,980
Genesee & Wyoming, Inc.
6.08% (3 Month Term SOFR + 1.75%, Rate Floor: 1.75%) due 04/10/31		3,042,375		3,033,400
CPM Holdings, Inc.
9.05% (1 Month Term SOFR + 4.50%, Rate Floor: 5.00%) due 09/28/28		1,475,694		1,428,147
Total Industrial				11,785,440
Consumer, Non-cyclical - 0.2%
Women’s Care Holdings, Inc.
9.19% (3 Month Term SOFR + 4.50%, Rate Floor: 5.25%) due 01/15/28		4,490,396		4,265,876
Bombardier Recreational Products, Inc.
7.11% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 01/22/31		4,042,015		4,042,581
Froneri US, Inc.
6.36% (3 Month Term SOFR + 2.00%, Rate Floor: 2.50%) due 09/30/31		2,310,875		2,311,291
Eyecare Partners LLC
9.33% (3 Month Term SOFR + 1.00%, Rate Floor: 1.00%) (in-kind rate was 3.61%) due 11/30/28¹¹		426,242		329,805
10.37% (3 Month Term SOFR + 5.75%, Rate Floor: 5.75%) due 08/31/28		100,810		101,692
Total Consumer, Non-cyclical				11,051,245
Energy - 0.2%
ITT Holdings LLC
7.11% (1 Month Term SOFR + 2.75%, Rate Floor: 3.25%) due 10/11/30		10,221,013		10,269,563

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 2.5% (continued)
Energy - 0.2% (continued)
Venture Global Calcasieu Pass LLC
7.33% (1 Month Term SOFR + 2.88%, Rate Floor: 3.88%) due 08/19/26		363,895	$	363,894
Total Energy				10,633,457
Basic Materials - 0.2%
Trinseo Materials Operating S.C.A.
7.28% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 05/03/28		10,711,500		7,022,781
Minerals Technologies, Inc.
6.34% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 11/21/31^†††		3,500,000		3,508,750
Total Basic Materials				10,531,531
Technology - 0.2%
Dun & Bradstreet Corp.
6.59% (1 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 01/18/29		8,386,129		8,387,638
Datix Bidco Ltd.
10.20% (1 Month GBP SONIA + 5.50%, Rate Floor: 5.50%) due 04/25/31^†††	GBP	968,800		1,203,870
9.93% (6 Month Term SOFR + 5.50%, Rate Floor: 6.00%) due 04/30/31^†††		275,000		272,986
10.02% (1 Month GBP SONIA + 5.50%, Rate Floor: 6.00%) due 10/25/30^†††	GBP	12,950		14,321
10.02% (1 Month Term SOFR + 5.50%, Rate Floor: 6.00%) due 10/25/30^†††		14,245		12,582
Upland Software, Inc.
8.21% (1 Month Term SOFR + 3.75%, Rate Floor: 4.75%) due 08/06/26		303,870		297,793
Total Technology				10,189,190
Consumer, Cyclical - 0.2%
Samsonite IP Holdings SARL
6.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.50%) due 06/21/30		2,591,624		2,599,192
Rent-A-Center, Inc.
7.34% (3 Month Term SOFR + 2.75%, Rate Floor: 3.25%) due 02/17/28^†††		2,081,325		2,081,325
Pacific Bells LLC
8.60% (3 Month Term SOFR + 4.00%, Rate Floor: 4.50%) due 11/10/28		1,544,693		1,543,920
Entain Holdings (Gibraltar) Ltd.
6.93% (3 Month Term SOFR + 2.50%, Rate Floor: 3.00%) due 03/29/27		1,447,500		1,450,815
Packers Holdings LLC
7.71% (1 Month Term SOFR + 3.25%, Rate Floor: 4.00%) due 03/09/28		1,668,646		830,986
Total Consumer, Cyclical				8,506,238
Total Senior Floating Rate Interests
(Cost $118,598,670)				114,249,221

MUNICIPAL BONDS^†† - 0.2%
Colorado - 0.1%
Fort Carson Family Housing LLC Revenue Bonds
7.86% due 11/15/29		6,715,000		7,162,219
California - 0.1%
California Public Finance Authority Revenue Bonds
1.55% due 10/15/26		3,145,000		2,977,033
Total Municipal Bonds
(Cost $10,252,093)				10,139,252

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Contracts/Notional Value		Value
OTC OPTIONS PURCHASED^†† - 0.1%
Put Options on:
Foreign Exchange Options
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $76,449,962)	EUR	48,259,000	$	764,063
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $76,449,962)	EUR	48,259,000		764,063
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $53,514,498)	EUR	33,781,000		536,380
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $26,835,665)	EUR	16,940,000		268,976
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $22,935,464)	EUR	14,478,000		229,884
BNP Paribas Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $4,419,805)	EUR	2,790,000		44,300
Total OTC Options Purchased
(Cost $2,264,498)				2,607,666

OTC INTEREST RATE SWAPTIONS PURCHASED^††,¹³ - 0.0%
Call Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 3.60% (Notional Value $122,735,200)	GBP	98,000,000		505,106
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 3.23% (Notional Value $120,230,400)	GBP	96,000,000		293,017
Total Interest Rate Swaptions				798,123
Put Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.48% (Notional Value $120,230,400)	GBP	96,000,000		477,439
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.85% (Notional Value $122,735,200)	GBP	98,000,000		288,806
Total Interest Rate Swaptions				766,245
Total OTC Interest Rate Swaptions Purchased
(Cost $2,072,079)				1,564,368
Total Investments - 114.2%
(Cost $5,408,862,452)			$	5,317,222,343

OTC INTEREST RATE SWAPTIONS WRITTEN^††,¹³ - (0.0)%
Call Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 2.73% (Notional Value $120,230,400)	GBP	96,000,000		(146,040	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 3.10% (Notional Value $122,735,200)	GBP	98,000,000		(250,241	)
Total Interest Rate Swaptions				(396,281	)

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Contracts/Notional Value		Value
OTC INTEREST RATE SWAPTIONS WRITTEN^††,¹³ - (0.0)% (continued)
Put Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.60% (Notional Value $122,735,200)	GBP	98,000,000	$	(414,831	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.23% (Notional Value $120,230,400)	GBP	96,000,000		(678,308	)
Total Interest Rate Swaptions				(1,093,139	)
Total OTC Interest Rate Swaptions Written
(Premiums received $1,819,269)				(1,489,420	)
Other Assets & Liabilities, net - (14.2)%				(661,265,503	)
Total Net Assets - 100.0%			$	4,654,467,420

Centrally Cleared Credit Default Swap Agreements Protection Purchased^††

Counterparty	Exchange	Index	Protection Premium Rate			Payment Frequency	Maturity Date	Notional Amount~		Value			Upfront Premiums Received			Unrealized Appreciation (Depreciation)^**
BofA Securities, Inc.	ICE	ITRAXX.EUR.42.V1		1.00	%	Quarterly	12/20/29	EUR	5,190,000	$	(106,606	)	$	(110,027	)	$	3,421
BofA Securities, Inc.	ICE	CDX.NA.IG.43.V1		1.00	%	Quarterly	12/20/29		111,950,914		(2,498,825	)		(2,385,233	)		(113,592	)
										$	(2,605,431	)	$	(2,495,260	)	$	(110,171	)

OTC Credit Default Swap Agreements Protection Purchased^††

Counterparty	Index	Protection Premium Rate			Payment Frequency	Maturity Date	Notional Amount		Value			Upfront Premiums Received			Unrealized Appreciation^**
Morgan Stanley Capital Services LLC	CDX.NA.HY.43.V1 (15-25%)		5.00	%	Quarterly	12/20/29	$	5,085,000	$	(255,363	)	$	(318,594	)	$	63,231
Morgan Stanley Capital Services LLC	CDX.NA.HY.43.V1 (25-35%)		5.00	%	Quarterly	12/20/29		5,085,000		(731,979	)		(765,190	)		33,211
									$	(987,342	)	$	(1,083,784	)	$	96,442

Centrally Cleared Interest Rate Swap Agreements^††

Counterparty	Exchange	Floating Rate Type	Floating Rate Index	Fixed Rate			Payment Frequency	Maturity Date	Notional Amount		Value			Upfront Premiums Paid		Unrealized Appreciation (Depreciation)^**
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		3.49	%	Annually	08/13/34	$	45,000,000	$	2,057,616		$	3,546	$	2,054,070
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		3.55	%	Annually	08/12/34		49,200,000		2,041,301			858,895		1,182,406
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		3.92	%	Annually	12/18/34		34,100,000		414,079			570		413,509
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.37	%	Annually	07/03/27		60,000,000		412,170			130		412,040
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		3.55	%	Annually	08/13/39		5,000,000		309,701			293		309,408
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		4.11	%	Annually	12/23/39		17,000,000		15,888			469		15,419
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.09	%	Annually	01/03/27		190,000,000		–			775		(775	)
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.00	%	Annually	12/03/26		220,000,000		(376,482	)		815		(377,297	)
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		4.36	%	Annually	10/16/30		121,000,000		(1,872,401	)		778		(1,873,179	)
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		3.45	%	Annually	10/01/26		185,800,000		(2,055,308	)		668		(2,055,976	)
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		3.85	%	Annually	08/12/26		532,000,000		(2,199,618	)		1,280		(2,200,898	)
											$	(1,253,054	)	$	868,219	$	(2,121,273	)

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

Total Return Swap Agreements

Counterparty

Index

Type

Financing Rate

Payment Frequency

Maturity Date

Units

Notional Amount

Value and Unrealized Appreciation

OTC Equity Index Swap Agreements Sold Short^††

Citibank, N.A.

iShares Core S&P 500 ETF

Receive

5.93% (Federal Funds Rate + 1.60%)

At Maturity

01/02/25

38,470

22,646,520

290,449

Forward Foreign Currency Exchange Contracts^††

Counterparty

Currency

Type

Quantity

Contract Amount

Settlement Date

Unrealized Appreciation (Depreciation)

Nomura Global Financial Products, Inc.

EUR

Sell

9,392,000

9,860,116 USD

01/17/25

122,781

Bank of America, N.A.

EUR

Sell

1,355,000

1,429,514 USD

02/27/25

22,229

Citibank, N.A.

GBP

Sell

1,240,000

1,571,859 USD

01/17/25

19,552

Barclays Bank plc

EUR

Sell

829,000

874,043 USD

02/27/25

13,056

Toronto-Dominion Bank

GBP

Sell

73,000

91,435 USD

01/17/25

Citibank, N.A.

GBP

Buy

75,000

93,866 USD

01/17/25

Barclays Bank plc

GBP

Buy

60,000

76,051 USD

01/17/25

(939

)

Bank of America, N.A.

GBP

Buy

188,000

238,252 USD

01/17/25

(2,903

)

173,849

OTC Interest Rate Swaptions Purchased

Counterparty/Description	Floating Rate Type	Floating Rate Index	Payment Frequency	Fixed Rate		Expiration Date	Exercise Rate		Swaption Notional Amount		Swaption Value
Call
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		3.60%	10/31/25		3.60%	$	122,735,200	$	505,106
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		3.23%	10/28/25		3.23%		120,230,400		293,017
											$	798,123
Put
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		4.48%	10/28/25		3.23%	$	120,230,400	$	477,439
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		4.85%	10/31/25		4.85%		122,735,200		288,806
											$	766,245

OTC Interest Rate Swaptions Written

Counterparty/Description	Floating Rate Type	Floating Rate Index	Payment Frequency	Fixed Rate		Expiration Date	Exercise Rate		Swaption Notional Amount		Swaption Value
Call
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		2.73%	10/28/25		2.73%	$	120,230,400	$	(146,040	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		3.10%	10/31/25		3.10%		122,735,200		(250,241	)
											$	(396,281	)
Put
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		4.60%	10/31/25		4.60%	$	122,735,200	$	(414,831	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		4.23%	10/28/25		4.23%		120,230,400		(678,308	)
											$	(1,093,139	)

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

^~	The face amount is denominated in U.S. dollars unless otherwise indicated.
^*	Non-income producing security.
^**	Includes cumulative appreciation (depreciation).
^***	A copy of each underlying unaffiliated fund’s financial statements is available at the SEC’s website at www.sec.gov.
^†	Value determined based on Level 1 inputs, unless otherwise noted — See Note 3.
^††	Value determined based on Level 2 inputs, unless otherwise noted — See Note 3.
^†††	Value determined based on Level 3 inputs — See Note 3.
^◊	Variable rate security. Rate indicated is the rate effective at December 31, 2024. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.
¹	Affiliated issuer.
²	Rate indicated is the 7-day yield as of December 31, 2024.
³	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) securities is $2,323,315,356 (cost $2,377,306,788), or 49.9% of total net assets.
⁴	Security has a fixed rate coupon which will convert to a floating or variable rate coupon on a future date.
⁵	Perpetual maturity.
⁶	Security is unsettled at period end and does not have a stated effective rate.
⁷	Security is an interest-only strip.
⁸	Security is a step up/down bond. The coupon increases or decreases at regular intervals until the bond reaches full maturity. Rate indicated is the rate at December 31, 2024. See table below for additional step information for each security.
⁹	Security has no stated coupon. However, it is expected to receive residual cash flow payments on defined deal dates.
¹⁰	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be illiquid and restricted under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) illiquid and restricted securities is $50 (cost $0), or 0.0% of total net assets — See Note 6.
¹¹	Payment-in-kind security.
¹²	Face amount of security is adjusted for inflation.
¹³	Swaptions – See additional disclosure in the swaptions table above for more information on swaptions.

BofA — Bank of America

CDX.NA.HY.43.V1 — Credit Default Swap North American High Yield Series 43 Index Version 1

CDX.NA.IG.43.V1 — Credit Default Swap North American Investment Grade Series 43 Index Version 1

CME — Chicago Mercantile Exchange

EUR — Euro

EURIBOR — European Interbank Offered Rate

GBP — British Pound

ICE — Intercontinental Exchange

ITRAXX.EUR.42.V1 — iTraxx Europe Series 42 Index Version 1

plc — Public Limited Company

REMIC — Real Estate Mortgage Investment Conduit

REIT — Real Estate Investment Trust

SARL — Société à Responsabilité Limitée

SOFR — Secured Overnight Financing Rate

SONIA — Sterling Overnight Index Average

WAC — Weighted Average Coupon

See Sector Classification in Other Information section.

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

The following table summarizes the inputs used to value the Fund’s investments at December 31, 2024 (See Note 3 in the Notes to Schedule of Investments):

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stock	$	19,943	$	—	$	—	$	19,943
Preferred Stocks		201,600		20,369,737		—		20,571,337
Warrant		177		—		—		177
Exchange-Traded Fund		22,646,520		—		—		22,646,520
Mutual Funds		101,384,308		—		—		101,384,308
Money Market Funds		42,372,535		—		—		42,372,535
Corporate Bonds		—		1,452,177,855		26,748,687		1,478,926,542
Collateralized Mortgage Obligations		—		1,395,200,782		—		1,395,200,782
Asset-Backed Securities		—		999,300,398		114,731,246		1,114,031,644
U.S. Government Securities		—		1,013,508,048		—		1,013,508,048
Senior Floating Rate Interests		—		104,555,387		9,693,834		114,249,221
Municipal Bonds		—		10,139,252		—		10,139,252
Options Purchased		—		2,607,666		—		2,607,666
Interest Rate Swaptions Purchased		—		1,564,368		—		1,564,368
Credit Default Swap Agreements**		—		99,863		—		99,863
Interest Rate Swap Agreements**		—		4,386,852		—		4,386,852
Forward Foreign Currency Exchange Contracts**		—		177,691		—		177,691
Equity Index Swap Agreements**		—		290,449		—		290,449
Total Assets	$	166,625,083	$	5,004,378,348	$	151,173,767	$	5,322,177,198

Investments in Securities (Liabilities)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Interest Rate Swaptions Written	$	—	$	1,489,420	$	—	$	1,489,420
Credit Default Swap Agreements**		—		113,592		—		113,592
Interest Rate Swap Agreements**		—		6,508,125		—		6,508,125
Forward Foreign Currency Exchange Contracts**		—		3,842		—		3,842
Unfunded Loan Commitments (Note 5)		—		—		27,693		27,693
Total Liabilities	$	—	$	8,114,979	$	27,693	$	8,142,672

^**	This derivative is reported as unrealized appreciation/depreciation at period end.

The following is a summary of significant unobservable inputs used in the fair valuation of assets and liabilities categorized within Level 3 of the fair value hierarchy:

Category	Ending Balance at December 31, 2024		Valuation Technique	Unobservable Inputs	Input Range	Weighted Average*
Assets:
Asset-Backed Securities	$	55,813,432	Option adjusted spread off prior month end broker quote	Broker Quote	—	—
Asset-Backed Securities		30,648,450	Yield Analysis	Yield	6.2%-7.6%	7.2%
Asset-Backed Securities		26,069,364	Third Party Pricing	Broker Quote	—	—
Asset-Backed Securities		2,200,000	Third Party Pricing	Trade Price	—	—
Corporate Bonds		17,684,611	Yield Analysis	Yield	6.4%-6.7%	6.5%
Corporate Bonds		9,064,076	Option adjusted spread off prior month end broker quote	Broker Quote	—	—
Senior Floating Rate Interests		5,590,075	Third Party Pricing	Broker Quote	—	—
Senior Floating Rate Interests		4,103,759	Yield Analysis	Yield	8.8%-10.0%	9.2%
Total Assets	$	151,173,767
Liabilities:
Unfunded Loan Commitments	$	27,693	Model Price	Purchase Price	—	—

^*	Inputs are weighted by the fair value of the instruments.

Significant changes in a quote or yield would generally result in significant changes in the fair value of the security. Any remaining Level 3 securities held by the Fund and excluded from the table above, were not considered material to the Fund.

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

Summary of Fair Value Level 3 Activity

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value for the period ended December 31, 2024:

	Assets												Liabilities
		Asset-Backed Securities			Corporate Bonds			Senior Floating Rate Interests			Total Assets			Unfunded Loan Commitments
Beginning Balance	$	127,702,527		$	27,399,772		$	3,291,684		$	158,393,983		$	(4,105	)
Purchases/(Receipts)		14,636,234			-			4,402,011			19,038,245			(1,859	)
(Sales, maturities and paydowns)/Fundings		(26,161,571	)		(296,857	)		(12,722	)		(26,471,150	)		5,409
Amortization of premiums/discounts		10,010			5,016			597			15,623			4,175
Total realized gains (losses) included in earnings		46,001			-			(40	)		45,961			738
Total change in unrealized appreciation (depreciation) included in earnings		(1,501,955	)		(359,244	)		(69,021	)		(1,930,220	)		(32,051	)
Transfers into Level 3		-			-			2,081,325			2,081,325			-
Transfers out of Level 3		-			-			-			-			-
Ending Balance	$	114,731,246		$	26,748,687		$	9,693,834		$	151,173,767		$	(27,693	)
Net change in unrealized appreciation (depreciation) for investments in Level 3 securities still held at December 31, 2024	$	(1,501,955	)	$	(359,244	)	$	18,018		$	(1,843,181	)	$	873

Step Coupon Bonds

Name	Coupon Rate at Next Reset Date			Next Rate Reset Date	Future Reset Rate			Future Reset Date
Angel Oak Mortgage Trust 2024-12, 5.86% due 10/25/69		6.86	%	11/01/28		—			—
Angel Oak Mortgage Trust 2024-4, 6.20% due 01/25/69		7.20	%	03/01/28		—			—
ATLX Trust 2024-RPL2, 3.85% due 04/25/63		4.85	%	10/01/28		—			—
BRAVO 2024-NQM6, 5.66% due 08/01/64		6.66	%	08/01/28		—			—
BRAVO Residential Funding Trust 2022-R1, 3.13% due 01/29/70		6.13	%	01/30/25		—			—
Citigroup Mortgage Loan Trust, Inc. 2022-A, 6.17% due 09/25/62		9.17	%	09/25/25		10.17	%		09/25/26
COLT Mortgage Loan Trust 2024-2, 6.13% due 04/25/69		7.13	%	03/01/28		—			—
GCAT Trust 2024-NQM2, 6.09% due 06/25/59		7.36	%	05/01/28		—			—
JP Morgan Mortgage Trust 2024-NQM1, 5.59% due 02/25/64		6.59	%	12/01/28		—			—
Legacy Mortgage Asset Trust 2021-GS5, 5.25% due 07/25/67		6.25	%	11/25/25		—			—
Legacy Mortgage Asset Trust 2021-GS4, 4.65% due 11/25/60		5.65	%	08/25/25		—			—
Legacy Mortgage Asset Trust 2021-GS2, 4.75% due 04/25/61		5.75	%	04/25/25		—			—
Legacy Mortgage Asset Trust 2021-GS3, 4.75% due 07/25/61		5.75	%	05/25/25		—			—
LHOME Mortgage Trust 2024-RTL5, 5.32% due 09/25/39		6.32	%	03/25/27		—			—
Mill City Securities Ltd. 2024-RS2, 3.00% due 08/01/69		6.00	%	12/01/27		—			—
Mill City Securities Ltd. 2024-RS1, 3.00% due 11/01/69		6.00	%	10/01/27		—			—
NYMT Loan Trust 2022-SP1, 5.25% due 07/25/62		8.25	%	07/01/25		9.25	%		07/01/26
NYMT Loan Trust 2021-SP1, 4.67% due 08/25/61		5.67	%	08/01/25		—			—
OBX Trust 2024-NQM8, 6.23% due 05/25/64		7.23	%	05/01/28		—			—
OBX Trust 2024-NQM5, 5.99% due 01/25/64		6.99	%	03/01/28		—			—
OBX Trust 2024-NQM18, 5.66% due 10/25/64		6.66	%	11/01/28		—			—
OBX Trust 2024-NQM9, 6.28% due 01/25/64		7.46	%	06/01/28		—			—
OBX Trust 2022-NQM9, 6.45% due 09/25/62		7.45	%	11/01/26		—			—
OBX Trust 2024-NQM17, 5.86% due 11/25/64		6.86	%	11/01/28		—			—
OSAT Trust 2021-RPL1, 5.12% due 05/25/65		6.12	%	06/25/25		—			—
PRPM LLC 2022-1, 3.72% due 02/25/27		6.72	%	02/25/25		7.72	%		02/25/26
PRPM LLC 2024-6, 5.70% due 11/25/29		8.70	%	11/25/27		9.70	%		11/25/28
PRPM LLC 2021-5, 4.79% due 06/25/26		5.79	%	06/25/25		—			—
PRPM LLC 2024-4, 6.41% due 08/25/29		9.41	%	08/25/27		10.41	%		08/25/28
RCKT Mortgage Trust 2024-CES4, 6.15% due 06/25/44		7.15	%	05/01/28		—			—
Verus Securitization Trust 2024-5, 6.45% due 06/25/69		7.45	%	06/01/28		—			—
Vista Point Securitization Trust 2024-CES3, 5.68% due 01/25/55		6.68	%	12/01/28		—			—

Limited Duration Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

Affiliated Transactions

Investments representing 5% or more of the outstanding voting shares of a company, or control of or by, or common control under Guggenheim Investments (“GI”), result in that company being considered an affiliated person, as defined in the Investment Company Act of 1940 ("affiliated issuer").

The Fund may invest in certain of the underlying series of Guggenheim Strategy Funds Trust, including Guggenheim Strategy Fund II and Guggenheim Strategy Fund III (collectively, the “Guggenheim Strategy Funds”), each of which are open-end management investment companies managed by GI. The Guggenheim Strategy Funds, which launched on March 11, 2014, are offered as short-term investment options only to mutual funds, trusts, and other accounts managed by GI and/or its affiliates, and are not available to the public. The Guggenheim Strategy Funds pay no investment management fees. The Guggenheim Strategy Funds’ annual report on Form N-CSR dated September 30, 2024 is available publicly or upon request. This information is available from the EDGAR database on the SEC’s website at https://www.sec.gov/Archives/edgar/data/1601445/000139834424022509/fp0090292-6_ncsrixbrl.htm. The Fund also may invest in certain of the underlying series of Guggenheim Funds Trust, which are open-end management investment companies managed by GI, are available to the public and whose most recent annual report on Form N-CSR is available publicly or upon request.

Transactions during the period ended December 31, 2024, in which the company is an affiliated issuer, were as follows:

Security Name	Value 09/30/24		Additions		Reductions			Realized Gain (Loss)		Change in Unrealized Appreciation (Depreciation)			Value 12/31/24		Shares 12/31/24		Investment Income
Mutual Funds
Guggenheim Strategy Fund II	$	33,714,995	$	499,244	$	(700,000	)	$	–	$	68,805		$	33,583,044		1,351,430	$	494,282
Guggenheim Strategy Fund III		33,817,254		485,064		–			–		68,384			34,370,702		1,378,136		479,853
Guggenheim Ultra Short Duration Fund — Institutional Class		33,031,793		431,442		–			–		(32,673	)		33,430,562		3,339,716		427,077
	$	100,564,042	$	1,415,750	$	(700,000	)	$	–	$	104,516		$	101,384,308			$	1,401,212

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Shares		Value
COMMON STOCKS^† - 0.1%
Consumer, Non-cyclical - 0.1%
Endo, Inc.^*		146,283	$	3,583,934
Cengage Learning Holdings II, Inc.^*,††		21,660		424,168
Save-A-Lot^*,†††		1,053,728		105
Total Consumer, Non-cyclical				4,008,207
Industrial - 0.0%
API Heat Transfer Intermediate^*,†††		743		1,004,833
Schur Flexibles GesmbH^*,††		1,661		178,703
YAK BLOCKER 2 LLC^*,†††		74,424		120,439
YAK BLOCKER 2 LLC^*,†††		68,788		111,318
BP Holdco LLC^{*,†††,1}		37,539		45,503
Vector Phoenix Holdings, LP^*,†††		37,539		794
Targus, Inc.^*,†††		12,773		226
Total Industrial				1,461,816
Communications - 0.0%
Xplore, Inc.^*,††		204,119		1,020,595
Vacasa, Inc. — Class A^*		25,191		123,435
Total Communications				1,144,030
Consumer, Cyclical - 0.0%
SHO Holding I Corp.^*,†††		1,150		903,398
ATD New Holdings, Inc.^*,†††		42,478		42
Total Consumer, Cyclical				903,440
Financial - 0.0%
Checkers Holdings, Inc.^*,†††		158,620		631,308
Pershing Square Tontine Holdings, Ltd. — Class A^{*,†††,2}		6,864,930		686
Endo Luxembourg Finance Co I SARL / Endo US, Inc.^{*,†††,3}		4,400,000		440
Endo Luxembourg Finance Co I SARL / Endo US, Inc.^{*,†††,3}		1,825,000		183
Total Financial				632,617
Energy - 0.0%
Permian Production Partners LLC^*,†††		573,522		4,794
Total Common Stocks
(Cost $15,304,687)				8,154,904

PREFERRED STOCKS^† - 4.2%
Financial - 3.2%
Citigroup, Inc.^††
3.88%		30,600,000		29,710,157
4.00%		13,100,000		12,754,468
Wells Fargo & Co.^††
3.90%		25,750,000		25,019,222
6.85%		8,250,000		8,515,242
Goldman Sachs Group, Inc.^††
4.13%		20,500,000		19,592,405
7.50%		10,750,000		11,214,556
Markel Group, Inc.^††
6.00%		29,050,000		28,995,621
Equitable Holdings, Inc.^††
4.95%		22,819,000		22,687,058
Bank of New York Mellon Corp.^††
3.75%		20,550,000		19,421,289
Charles Schwab Corp.^††
4.00%		18,700,000		16,143,729
Kuvare US Holdings, Inc.^††
7.00% due 02/17/51⁴		14,492,000		14,510,115
Bank of America Corp.^††
4.38%		13,850,000		13,335,364
MetLife, Inc.^††
3.85%		12,200,000		11,977,596
Jackson Financial, Inc.
8.00%		284,000		7,429,440
CNO Financial Group, Inc.
5.13% due 11/25/60		321,950		6,155,684
Selective Insurance Group, Inc.
4.60%		246,000		4,260,720
Corebridge Financial, Inc.
6.38% due 12/15/64		12,765		325,380
American National Group, Inc.
8.37%		9,800		246,960
First Republic Bank^††
4.25%^*		803,675		482
4.50%^*		238,300		95
Total Financial				252,295,583
Government - 0.4%
CoBank ACB^††
4.25%		20,000,000		19,038,488
7.13%		5,000,000		5,083,080
Farmer Mac
5.75%		272,820		6,092,071
Total Government				30,213,639
Communications - 0.4%
AT&T Mobility II LLC
6.80%^*,†††		27,000		27,496,800
Energy - 0.2%
Venture Global LNG, Inc.^††
9.00%⁴		18,150,000		18,976,624
Total Preferred Stocks
(Cost $365,302,368)				328,982,646

WARRANTS^† - 0.0%
Ginkgo Bioworks Holdings, Inc.
Expiring 09/16/26^*		128,004		1,152
Pershing Square SPARC Holdings, Ltd^{*,†††,2}		1,716,232		172
Pershing Square Tontine Holdings, Ltd. — Class A
Expiring 07/24/25^{*,†††,2}		762,770		76
Total Warrants
(Cost $296,403)				1,400

EXCHANGE-TRADED FUNDS^,† - 0.9%*
SPDR S&P 500 ETF Trust		125,000		73,260,000
Total Exchange-Traded Funds
(Cost $65,397,500)				73,260,000

MUTUAL FUNDS^† - 4.8%
Guggenheim Limited Duration Fund — Class R6¹		5,518,325		134,591,944
Guggenheim Strategy Fund III¹		2,687,565		67,027,875

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Shares		Value
MUTUAL FUNDS^† - 4.8% (continued)
Guggenheim Strategy Fund II¹		2,239,452	$	55,650,393
Guggenheim Ultra Short Duration Fund — Institutional Class¹		5,355,337		53,606,923
NAA Risk Managed Real Estate Fund¹⁷		1,125,825		36,217,794
NAA Opportunity Fund¹⁷		1,032,035		32,271,732
Total Mutual Funds
(Cost $374,058,151)				379,366,661

MONEY MARKET FUNDS^,† - 2.2%*
Dreyfus Treasury Obligations Cash Management Fund — Institutional Shares, 4.34%⁵		159,494,496		159,494,496
Western Asset Institutional U.S. Treasury Reserves — Institutional Shares, 4.33%⁵		12,177,947		12,177,947
Federated Hermes U.S. Treasury Cash Reserves Fund — Institutional Shares, 4.30%⁵		2,646,306		2,646,306
Total Money Market Funds
(Cost $174,318,749)				174,318,749

		Face Amount^~
CORPORATE BONDS^†† - 28.3%
Financial - 9.1%
Pershing Square Holdings Ltd.
3.25% due 10/01/31⁴		31,500,000		25,918,973
3.25% due 11/15/30		12,120,000		10,382,213
Jane Street Group / JSG Finance, Inc.
7.13% due 04/30/31⁴		33,375,000		34,298,379
Wilton RE Ltd.
6.00%^4,6,7		28,503,000		28,524,264
Rocket Mortgage LLC / Rocket Mortgage Company-Issuer, Inc.
3.88% due 03/01/31⁴		21,650,000		18,863,578
2.88% due 10/15/26⁴		9,250,000		8,776,536
GLP Capital Limited Partnership / GLP Financing II, Inc.
4.00% due 01/15/31		22,640,000		20,707,987
5.30% due 01/15/29		6,950,000		6,899,618
Liberty Mutual Group, Inc.
4.30% due 02/01/61⁴		36,940,000		22,794,007
CBS Studio Center
7.45% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 02/09/25^{◊,†††}		22,000,000		21,961,069
Host Hotels & Resorts, LP
3.50% due 09/15/30		24,000,000		21,735,413
Jefferies Finance LLC / JFIN Company-Issuer Corp.
5.00% due 08/15/28⁴		23,000,000		21,574,860
Iron Mountain, Inc.
5.63% due 07/15/32⁴		20,000,000		19,105,287
4.50% due 02/15/31⁴		925,000		845,644
FS KKR Capital Corp.
3.25% due 07/15/27		21,000,000		19,918,608
United Wholesale Mortgage LLC
5.50% due 04/15/29⁴		8,650,000		8,332,103
5.50% due 11/15/25⁴		6,300,000		6,268,969
5.75% due 06/15/27⁴		4,550,000		4,494,281
LPL Holdings, Inc.
4.00% due 03/15/29⁴		14,788,000		14,004,919
4.38% due 05/15/31⁴		5,500,000		5,073,153
OneMain Finance Corp.
9.00% due 01/15/29		7,150,000		7,581,646
4.00% due 09/15/30		7,250,000		6,443,528
7.88% due 03/15/30		2,225,000		2,321,025
7.13% due 03/15/26		2,000,000		2,035,924
Starwood Property Trust, Inc.
4.38% due 01/15/27⁴		19,000,000		18,369,956
Mitsubishi UFJ Financial Group, Inc.
5.42% due 02/22/29⁷		18,050,000		18,304,766
Alliant Holdings Intermediate LLC / Alliant Holdings Company-Issuer
6.50% due 10/01/31⁴		14,770,000		14,624,123
7.00% due 01/15/31⁴		3,475,000		3,488,573
Encore Capital Group, Inc.
8.50% due 05/15/30⁴		12,100,000		12,727,870
9.25% due 04/01/29⁴		4,450,000		4,741,043
SLM Corp.
3.13% due 11/02/26		14,787,000		14,105,701
4.20% due 10/29/25		1,671,000		1,656,063
Global Atlantic Finance Co.
4.70% due 10/15/51^4,7		11,350,000		10,961,904
7.95% due 06/15/33⁴		2,289,000		2,534,420
6.75% due 03/15/54⁴		2,091,000		2,121,981
Sherwood Financing plc
7.63% due 12/15/29⁴	EUR	12,190,000		12,613,764
8.36% (3 Month EURIBOR + 5.50%, Floor Rate: 0.00%) due 12/15/29^◊	EUR	2,882,000		2,891,974
PennyMac Financial Services, Inc.
7.13% due 11/15/30⁴		9,275,000		9,392,869
7.88% due 12/15/29⁴		3,675,000		3,850,308
5.38% due 10/15/25⁴		1,819,000		1,814,118
Focus Financial Partners LLC
6.75% due 09/15/31⁴		14,035,000		13,979,230
Hampton Roads PPV LLC
6.62% due 06/15/53^†††,4		16,455,000		13,219,728

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
CORPORATE BONDS^†† - 28.3% (continued)
Financial - 9.1% (continued)
Kennedy-Wilson, Inc.
5.00% due 03/01/31		14,669,000	$	12,825,192
4.75% due 02/01/30		250,000		221,143
4.75% due 03/01/29		25,000		22,582
Hunt Companies, Inc.
5.25% due 04/15/29⁴		13,700,000		12,985,533
MidCap Funding XLVI Trust
8.01% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 04/15/27^{◊,†††}		12,440,000		12,440,000
Lloyds Banking Group plc
5.87% due 03/06/29⁷		12,100,000		12,325,013
First American Financial Corp.
4.00% due 05/15/30		11,760,000		10,961,975
State Street Corp.
6.70%^6,7		9,590,000		9,786,936
Nationstar Mortgage Holdings, Inc.
5.00% due 02/01/26⁴		9,810,000		9,713,828
Galaxy Bidco Ltd.
8.13% due 12/19/29⁴	GBP	7,500,000		9,447,403
Farmers Insurance Exchange
7.00% due 10/15/64^4,7		7,830,000		8,072,472
QBE Insurance Group Ltd.
5.88% ^4,6,7		7,550,000		7,541,823
QTS Good News Facility
7.80% (3 Month Term SOFR + 3.00%, Rate Floor: 0.00%) due 10/09/28^◊		7,478,457		7,478,457
VFH Parent LLC / Valor Company-Issuer, Inc.
7.50% due 06/15/31⁴		7,150,000		7,354,150
Ryan Specialty LLC
5.88% due 08/01/32⁴		6,950,000		6,876,629
Stewart Information Services Corp.
3.60% due 11/15/31		7,788,000		6,742,621
Toronto-Dominion Bank
8.13% due 10/31/82⁷		6,300,000		6,566,617
UWM Holdings LLC
6.63% due 02/01/30⁴		6,500,000		6,459,843
Americo Life, Inc.
3.45% due 04/15/31⁴		7,470,000		6,271,312
PartnerRe Finance B LLC
4.50% due 10/01/50⁷		6,460,000		5,973,588
OneAmerica Financial Partners, Inc.
4.25% due 10/15/50⁴		8,018,000		5,858,786
CNO Financial Group, Inc.
6.45% due 06/15/34		5,200,000		5,372,333
Cushman & Wakefield US Borrower LLC
6.75% due 05/15/28⁴		5,303,000		5,307,817
Blue Owl Capital GP LLC
7.11% due 08/22/43^†††		5,000,000		5,089,607
Bank of Nova Scotia
8.63% due 10/27/82⁷		4,650,000		4,935,469
American National Group, Inc.
5.00% due 06/15/27		4,813,000		4,787,257
Goldman Sachs Group, Inc.
6.13%^6,7		4,250,000		4,195,236
Globe Life, Inc.
5.85% due 09/15/34		2,780,000		2,795,609
2.15% due 08/15/30		1,560,000		1,320,702
Accident Fund Insurance Company of America
8.50% due 08/01/32⁴		3,000,000		2,913,580
SBA Communications Corp.
3.13% due 02/01/29		3,100,000		2,798,170
Prudential Financial, Inc.
5.13% due 03/01/52⁷		2,750,000		2,616,962
Jones Deslauriers Insurance Management, Inc.
10.50% due 12/15/30⁴		1,700,000		1,837,912
Iron Mountain Information Management Services, Inc.
5.00% due 07/15/32⁴		1,726,000		1,588,560
Atlas Mara Ltd.
due 12/31/21^†††,8		1,183,303		1
Total Financial				711,745,493
Industrial - 3.3%
AP Grange Holdings
6.50% due 03/20/45^†††		44,473,247		45,029,163
5.00% due 03/20/45^†††		4,900,000		5,169,500
Homestead Spe Issuer LLC
7.21% due 04/01/55^†††		18,000,000		18,000,000
Great Lakes Dredge & Dock Corp.
5.25% due 06/01/29⁴		17,160,000		15,916,976
New Enterprise Stone & Lime Company, Inc.
5.25% due 07/15/28⁴		9,081,000		8,772,539
9.75% due 07/15/28⁴		5,350,000		5,471,113
XPO, Inc.
6.25% due 06/01/28⁴		14,085,000		14,171,003
Standard Industries, Inc.
4.38% due 07/15/30⁴		6,200,000		5,680,500
3.38% due 01/15/31⁴		6,552,000		5,617,750
TransDigm, Inc.
6.75% due 08/15/28⁴		7,000,000		7,061,066
6.88% due 12/15/30⁴		4,050,000		4,110,242
Sealed Air Corporation/Sealed Air Corp US
6.13% due 02/01/28⁴		11,105,000		11,141,953
Arcosa, Inc.
4.38% due 04/15/29⁴		9,400,000		8,758,716
6.88% due 08/15/32⁴		1,300,000		1,320,924
Dyal Capital Partners IV
3.65% due 02/22/41^†††		10,950,000		9,447,946
Flowserve Corp.
3.50% due 10/01/30		10,270,000		9,368,701
GrafTech Finance, Inc.
4.63% due 12/23/29⁴		10,000,000		8,055,000
Pactiv Evergreen Group Issuer Incorporated/Pactiv Evergreen Group Issuer LLC
4.00% due 10/15/27⁴		7,943,000		7,877,201

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
CORPORATE BONDS^†† - 28.3% (continued)
Industrial - 3.3% (continued)
Miter Brands Acquisition Holdco Incorporated / MIWD Borrower LLC
6.75% due 04/01/32⁴		7,455,000	$	7,489,934
Atkore, Inc.
4.25% due 06/01/31⁴		7,500,000		6,622,061
Deuce FinCo plc
5.50% due 06/15/27⁴	GBP	5,350,000		6,544,828
GrafTech Global Enterprises, Inc.
9.88% due 12/23/29⁴		6,520,000		5,802,800
TopBuild Corp.
3.63% due 03/15/29⁴		5,550,000		5,080,866
Sealed Air Corp.
6.50% due 07/15/32⁴		5,000,000		5,007,670
Artera Services LLC
8.50% due 02/15/31⁴		4,525,000		4,361,520
Enviri Corp.
5.75% due 07/31/27⁴		4,125,000		3,924,268
SCIL IV LLC / SCIL USA Holdings LLC
9.50% due 07/15/28	EUR	3,500,000		3,882,762
Wrangler Holdco Corp.
6.63% due 04/01/32⁴		3,350,000		3,410,297
Boeing Co.
6.53% due 05/01/34		3,250,000		3,404,728
Ball Corp.
6.88% due 03/15/28		3,270,000		3,344,505
Summit Materials LLC / Summit Materials Finance Corp.
7.25% due 01/15/31⁴		3,150,000		3,342,420
TK Elevator US Newco, Inc.
5.25% due 07/15/27⁴		3,000,000		2,936,746
AmeriTex HoldCo Intermediate LLC
10.25% due 10/15/28⁴		2,450,000		2,611,634
Enpro, Inc.
5.75% due 10/15/26		2,510,000		2,497,450
Builders FirstSource, Inc.
6.38% due 06/15/32⁴		800,000		795,355
Brundage-Bone Concrete Pumping Holdings, Inc.
6.00% due 02/01/26⁴		525,000		524,700
Total Industrial				262,554,837
Energy - 3.3%
BP Capital Markets plc
4.88%^6,7		39,360,000		37,505,409
NuStar Logistics, LP
6.38% due 10/01/30		14,506,000		14,545,364
5.75% due 10/01/25		5,095,000		5,094,116
5.63% due 04/28/27		450,000		446,725
Midwest Connector Capital Company LLC
4.63% due 04/01/29⁴		18,763,000		18,401,715
Parkland Corp.
4.63% due 05/01/30⁴		20,000,000		18,358,118
ITT Holdings LLC
6.50% due 08/01/29⁴		19,477,000		17,829,995
Occidental Petroleum Corp.
7.95% due 06/15/39		12,735,000		14,526,420
4.50% due 07/15/44		2,850,000		2,105,512
Cheniere Energy Partners, LP
5.75% due 08/15/34⁴		16,340,000		16,448,481
CVR Energy, Inc.
8.50% due 01/15/29⁴		15,975,000		15,323,051
Targa Resources Partners Limited Partnership / Targa Resources Partners Finance Corp.
6.88% due 01/15/29		10,145,000		10,382,829
4.88% due 02/01/31		5,000,000		4,827,706
Buckeye Partners, LP
6.88% due 07/01/29⁴		8,770,000		8,876,249
4.13% due 03/01/25⁴		4,343,000		4,331,365
Venture Global LNG, Inc.
9.50% due 02/01/29⁴		8,700,000		9,615,814
9.88% due 02/01/32⁴		3,000,000		3,291,838
Hess Midstream Operations, LP
5.63% due 02/15/26⁴		12,456,000		12,415,190
Global Partners Limited Partnership / GLP Finance Corp.
6.88% due 01/15/29		7,750,000		7,690,663
8.25% due 01/15/32⁴		2,200,000		2,261,893
7.00% due 08/01/27		2,200,000		2,207,557
Viper Energy, Inc.
7.38% due 11/01/31⁴		6,100,000		6,386,336
5.38% due 11/01/27⁴		4,286,000		4,226,319
CQP Holdco Limited Partnership / BIP-V Chinook Holdco LLC
7.50% due 12/15/33⁴		6,550,000		6,886,246
Kinetik Holdings, LP
5.88% due 06/15/30⁴		6,100,000		6,004,255
Venture Global Calcasieu Pass LLC
3.88% due 11/01/33⁴		2,198,000		1,888,352
4.13% due 08/15/31⁴		760,000		680,602
3.88% due 08/15/29⁴		510,000		468,546
HF Sinclair Corp.
6.38% due 04/15/27		2,689,000		2,728,600
Sunoco, LP
7.25% due 05/01/32⁴		1,500,000		1,549,470
TransMontaigne Partners Limited Partnership / TLP Finance Corp.
6.13% due 02/15/26		950,000		944,356
Total Energy				258,249,092
Communications - 3.3%
Level 3 Financing, Inc.
4.50% due 04/01/30⁴		19,794,000		16,412,262
11.00% due 11/15/29⁴		5,431,914		6,110,465
4.00% due 04/15/31⁴		7,600,000		5,985,000
10.75% due 12/15/30⁴		2,600,000		2,900,694

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
CORPORATE BONDS^†† - 28.3% (continued)
Communications - 3.3% (continued)
British Telecommunications plc
4.88% due 11/23/81^4,7		28,200,000	$	25,617,898
4.25% due 11/23/81^4,7		5,250,000		5,069,231
McGraw-Hill Education, Inc.
8.00% due 08/01/29⁴		22,634,000		22,635,720
5.75% due 08/01/28⁴		4,600,000		4,491,271
Altice France S.A.
5.13% due 07/15/29⁴		13,250,000		9,922,434
5.50% due 10/15/29⁴		11,760,000		8,808,558
Sunrise FinCo I B.V.
4.88% due 07/15/31⁴		20,200,000		18,322,612
CSC Holdings LLC
4.13% due 12/01/30⁴		20,672,000		14,850,012
4.63% due 12/01/30⁴		2,715,000		1,418,459
Vodafone Group plc
5.13% due 06/04/81⁷		16,875,000		12,822,251
CCO Holdings LLC / CCO Holdings Capital Corp.
4.50% due 06/01/33⁴		14,265,000		12,002,396
Cable One, Inc.
4.00% due 11/15/30⁴		12,575,000		10,507,392
AMC Networks, Inc.
4.25% due 02/15/29		10,200,000		8,006,684
10.25% due 01/15/29⁴		2,125,000		2,256,278
Virgin Media Finance plc
5.00% due 07/15/30⁴		11,400,000		9,648,382
Sirius XM Radio LLC
4.13% due 07/01/30⁴		8,900,000		7,767,453
3.13% due 09/01/26⁴		1,550,000		1,488,863
Cogent Communications Group Incorporated / Cogent Communications Finance, Inc.
7.00% due 06/15/27⁴		8,550,000		8,552,755
Paramount Global
5.25% due 04/01/44		5,779,000		4,490,227
5.90% due 10/15/40		2,765,000		2,424,664
4.90% due 08/15/44		1,797,000		1,360,339
Match Group Holdings II LLC
4.63% due 06/01/28⁴		7,700,000		7,332,589
Cogent Communications Group LLC
7.00% due 06/15/27⁴		7,250,000		7,284,880
Telenet Finance Luxembourg Notes SARL
5.50% due 03/01/28		7,000,000		6,798,540
Virgin Media Vendor Financing Notes IV DAC
5.00% due 07/15/28⁴		3,650,000		3,440,977
Charter Communications Operating LLC / Charter Communications Operating Capital
3.90% due 06/01/52		3,500,000		2,251,586
LCPR Senior Secured Financing DAC
5.13% due 07/15/29⁴		2,447,000		1,963,595
Ziggo B.V.
4.88% due 01/15/30⁴		1,685,000		1,548,252
Zayo Group Holdings, Inc.
4.00% due 03/01/27⁴		700,000		645,581
Total Communications				255,138,300
Consumer, Cyclical - 3.0%
Hilton Domestic Operating Company, Inc.
4.00% due 05/01/31⁴		15,900,000		14,299,530
3.63% due 02/15/32⁴		4,150,000		3,605,009
5.75% due 05/01/28⁴		525,000		524,881
Ferrellgas Limited Partnership / Ferrellgas Finance Corp.
5.38% due 04/01/26⁴		16,778,000		16,601,636
Walgreens Boots Alliance, Inc.
3.45% due 06/01/26		15,450,000		14,954,704
Suburban Propane Partners Limited Partnership/Suburban Energy Finance Corp.
5.00% due 06/01/31⁴		11,350,000		10,118,192
5.88% due 03/01/27		660,000		654,802
Delta Air Lines, Inc.
7.00% due 05/01/25⁴		10,536,000		10,580,543
Mileage Plus Holdings LLC / Mileage Plus Intellectual Property Assets Ltd.
6.50% due 06/20/27⁴		9,850,000		9,912,084
1011778 BC ULC / New Red Finance, Inc.
4.00% due 10/15/30⁴		9,333,000		8,346,855
Clarios Global Limited Partnership / Clarios US Finance Co.
6.25% due 05/15/26⁴		8,299,000		8,296,930
Beacon Roofing Supply, Inc.
4.13% due 05/15/29⁴		4,117,000		3,905,643
4.50% due 11/15/26⁴		3,730,000		3,664,528
Wynn Resorts Finance LLC / Wynn Resorts Capital Corp.
6.25% due 03/15/33⁴		7,425,000		7,294,959
Warnermedia Holdings, Inc.
6.41% due 03/15/26		7,200,000		7,202,870
Air Canada
4.63% due 08/15/29⁴	CAD	5,550,000		3,823,630
3.88% due 08/15/26⁴		3,364,000		3,268,496
Hyatt Hotels Corp.
5.75% due 04/23/30		6,530,000		6,667,615
Hanesbrands, Inc.
9.00% due 02/15/31⁴		6,100,000		6,501,872
British Airways Class A Pass Through Trust
4.25% due 11/15/32⁴		6,759,890		6,407,841
Papa John's International, Inc.
3.88% due 09/15/29⁴		7,025,000		6,293,465

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
CORPORATE BONDS^†† - 28.3% (continued)
Consumer, Cyclical - 3.0% (continued)
Penn Entertainment, Inc.
4.13% due 07/01/29⁴		6,975,000	$	6,254,521
ONE Hotels GmbH
7.75% due 04/02/31⁴	EUR	5,150,000		5,737,653
Six Flags Entertainment Corporation / Six Flags Theme Parks, Inc.
6.63% due 05/01/32⁴		5,450,000		5,523,656
JB Poindexter & Company, Inc.
8.75% due 12/15/31⁴		5,100,000		5,368,398
Boyne USA, Inc.
4.75% due 05/15/29⁴		5,484,000		5,198,623
Ontario Gaming GTA Limited Partnership/OTG Company-Issuer, Inc.
8.00% due 08/01/30⁴		4,525,000		4,651,655
American Airlines Class AA Pass Through Trust
3.58% due 01/15/28		2,017,419		1,939,937
3.35% due 10/15/29		1,037,129		971,534
3.65% due 02/15/29		946,628		900,929
3.15% due 02/15/32		907,026		820,402
Superior Plus Limited Partnership / Superior General Partner, Inc.
4.50% due 03/15/29⁴		4,800,000		4,364,194
Asbury Automotive Group, Inc.
4.63% due 11/15/29⁴		4,472,000		4,161,973
Allwyn Entertainment Financing UK plc
7.88% due 04/30/29⁴		3,450,000		3,547,048
Station Casinos LLC
4.63% due 12/01/31⁴		3,800,000		3,404,008
Scientific Games Holdings Limited Partnership/Scientific Games US FinCo, Inc.
6.63% due 03/01/30⁴		3,500,000		3,349,267
Ritchie Bros Holdings, Inc.
6.75% due 03/15/28⁴		2,950,000		3,016,050
PetSmart, Inc. / PetSmart Finance Corp.
4.75% due 02/15/28⁴		2,800,000		2,641,787
AccorInvest Group S.A.
6.38% due 10/15/29⁴	EUR	2,325,000		2,534,149
Gates Corp.
6.88% due 07/01/29⁴		2,425,000		2,466,754
William Carter Co.
5.63% due 03/15/27⁴		2,300,000		2,280,497
Air Canada Class A Pass Through Trust
5.25% due 04/01/29⁴		1,950,859		1,944,394
United Airlines, Inc.
4.63% due 04/15/29⁴		1,700,000		1,616,337
Acushnet Co.
7.38% due 10/15/28⁴		1,500,000		1,550,216
Six Flags Theme Parks, Inc.
7.00% due 07/01/25⁴		1,511,000		1,509,587
United Airlines Class AA Pass Through Trust
4.15% due 08/25/31		884,921		844,589
Wyndham Hotels & Resorts, Inc.
4.38% due 08/15/28⁴		700,000		665,394
International Game Technology plc
4.13% due 04/15/26⁴		624,000		613,506
Live Nation Entertainment, Inc.
6.50% due 05/15/27⁴		571,000		577,274
Caesars Entertainment, Inc.
6.50% due 02/15/32⁴		400,000		401,805
Aramark Services, Inc.
5.00% due 04/01/25⁴		311,000		310,215
Newell Brands, Inc.
5.70% due 04/01/26		280,000		279,881
Total Consumer, Cyclical				232,372,318
Consumer, Non-cyclical - 2.9%
Medline Borrower, LP
3.88% due 04/01/29⁴		18,246,000		16,895,560
JBS USA Holding Lux SARL/ JBS USA Food Company/ JBS Lux Co SARL
5.50% due 01/15/30		7,050,000		7,037,018
4.38% due 02/02/52		6,500,000		4,898,697
3.75% due 12/01/31		3,400,000		3,016,732
Williams Scotsman, Inc.
6.13% due 06/15/25⁴		12,750,000		12,702,187
7.38% due 10/01/31⁴		1,950,000		2,006,481
Bausch Health Companies, Inc.
4.88% due 06/01/28⁴		15,600,000		12,480,000
DaVita, Inc.
4.63% due 06/01/30⁴		8,678,000		7,977,903
3.75% due 02/15/31⁴		4,892,000		4,232,852
AZ Battery Property LLC
6.73% due 02/20/46^†††		11,600,000		11,438,847
US Foods, Inc.
4.75% due 02/15/29⁴		6,550,000		6,272,767
6.88% due 09/15/28⁴		3,875,000		3,964,997
Prime Security Services Borrower LLC / Prime Finance, Inc.
3.38% due 08/31/27⁴		6,861,000		6,416,903
5.75% due 04/15/26⁴		3,020,000		3,018,308
Sotheby's/Bidfair Holdings, Inc.
5.88% due 06/01/29⁴		9,400,000		8,335,829
Verisure Holding AB
5.50% due 05/15/30⁴	EUR	7,450,000		8,027,056
CVS Health Corp.
7.00% due 03/10/55⁷		7,770,000		7,796,071

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
CORPORATE BONDS^†† - 28.3% (continued)
Consumer, Non-cyclical - 2.9% (continued)
Cheplapharm Arzneimittel GmbH
5.50% due 01/15/28⁴		8,085,000	$	7,323,334
Option Care Health, Inc.
4.38% due 10/31/29⁴		7,736,000		7,134,246
BCP V Modular Services Finance II plc
4.75% due 10/30/28⁴	EUR	7,000,000		7,108,797
Nobel Bidco B.V.
3.13% due 06/15/28	EUR	7,050,000		6,903,171
HealthEquity, Inc.
4.50% due 10/01/29⁴		6,555,000		6,144,359
Smithfield Foods, Inc.
3.00% due 10/15/30⁴		7,000,000		6,047,847
Boost Newco Borrower LLC
7.50% due 01/15/31⁴		5,275,000		5,530,097
Sammontana Italia S.p.A.
6.97% (3 Month EURIBOR + 3.75%, Rate Floor: 3.75%) due 10/15/31^◊	EUR	4,900,000		5,102,580
CPI CG, Inc.
10.00% due 07/15/29⁴		4,685,000		5,005,538
ADT Security Corp.
4.88% due 07/15/32⁴		5,150,000		4,726,607
Central Garden & Pet Co.
4.13% due 04/30/31⁴		5,300,000		4,686,794
TriNet Group, Inc.
7.13% due 08/15/31⁴		4,465,000		4,546,616
Graham Holdings Co.
5.75% due 06/01/26⁴		4,561,000		4,541,240
Carriage Services, Inc.
4.25% due 05/15/29⁴		4,575,000		4,165,493
Chrome Bidco
3.50% due 05/31/28⁴	EUR	4,800,000		4,111,383
CAB SELAS
3.38% due 02/01/28⁴	EUR	4,100,000		3,945,321
Perrigo Finance Unlimited Co.
5.38% due 09/30/32	EUR	3,550,000		3,808,222
Darling Ingredients, Inc.
6.00% due 06/15/30⁴		2,350,000		2,318,227
5.25% due 04/15/27⁴		200,000		196,808
Belron UK Finance plc
5.75% due 10/15/29⁴		1,700,000		1,682,505
4.63% due 10/15/29⁴	EUR	700,000		742,721
Molina Healthcare, Inc.
4.38% due 06/15/28⁴		1,770,000		1,677,436
Tenet Healthcare Corp.
4.63% due 06/15/28		975,000		933,063
5.13% due 11/01/27		550,000		538,655
Upbound Group, Inc.
6.38% due 02/15/29⁴		1,450,000		1,409,555
Altria Group, Inc.
4.45% due 05/06/50		1,670,000		1,295,102
WW International, Inc.
4.50% due 04/15/29⁴		6,335,000		1,264,435
Concentra Escrow Issuer Corp.
6.88% due 07/15/32⁴		1,120,000		1,143,475
AMN Healthcare, Inc.
4.63% due 10/01/27⁴		620,000		589,042
Total Consumer, Non-cyclical				231,140,877
Basic Materials - 1.4%
Alcoa Nederland Holding B.V.
5.50% due 12/15/27⁴		15,125,000		15,178,994
6.13% due 05/15/28⁴		7,450,000		7,443,464
4.13% due 03/31/29⁴		4,900,000		4,570,912
Kaiser Aluminum Corp.
4.50% due 06/01/31⁴		13,250,000		11,679,890
4.63% due 03/01/28⁴		650,000		611,149
International Flavors & Fragrances, Inc.
1.23% due 10/01/25⁴		11,950,000		11,616,539
Minerals Technologies, Inc.
5.00% due 07/01/28⁴		11,280,000		10,857,000
SK Invictus Intermediate II SARL
5.00% due 10/30/29⁴		11,525,000		10,737,279
SCIL IV LLC / SCIL USA Holdings LLC
5.38% due 11/01/26⁴		10,375,000		10,161,354
Carpenter Technology Corp.
6.38% due 07/15/28		8,315,000		8,316,264
Novelis Corp.
3.25% due 11/15/26⁴		5,670,000		5,400,706
HB Fuller Co.
4.25% due 10/15/28		5,250,000		4,937,811
Novelis Sheet Ingot GmbH
3.38% due 04/15/29	EUR	4,500,000		4,474,915
Arsenal AIC Parent LLC
8.00% due 10/01/30⁴		3,800,000		3,932,228
Ingevity Corp.
3.88% due 11/01/28⁴		1,000,000		914,254
Mirabela Nickel Ltd.
due 06/24/19^{†††,3,8}		1,885,418		9,427
Total Basic Materials				110,842,186
Utilities - 1.0%
Terraform Global Operating, LP
6.13% due 03/01/26⁴		16,660,000		16,616,692
AmeriGas Partners Limited Partnership / AmeriGas Finance Corp.
5.88% due 08/20/26		17,145,000		16,521,813
Algonquin Power & Utilities Corp.
5.37% due 06/15/26		12,300,000		12,359,374
AES Corp.
3.95% due 07/15/30⁴		7,554,000		6,963,305
2.45% due 01/15/31		2,426,000		2,021,604
Clearway Energy Operating LLC
3.75% due 02/15/31⁴		9,409,000		8,193,266
Alexander Funding Trust II
7.47% due 07/31/28⁴		7,750,000		8,181,673
NRG Energy, Inc.
7.00% due 03/15/33⁴		6,950,000		7,501,998

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
CORPORATE BONDS^†† - 28.3% (continued)
Utilities - 1.0% (continued)
DPL, Inc.
4.13% due 07/01/25		2,334,000	$	2,300,610
Total Utilities				80,660,335
Technology - 1.0%
Qorvo, Inc.
3.38% due 04/01/31⁴		9,225,000		7,889,698
4.38% due 10/15/29		7,833,000		7,346,040
TeamSystem SpA
6.93% (3 Month EURIBOR + 3.75%, Rate Floor: 3.75%) due 02/15/28^◊	EUR	11,750,000		12,216,493
Booz Allen Hamilton, Inc.
3.88% due 09/01/28⁴		11,800,000		11,187,809
Dye & Durham Ltd.
8.63% due 04/15/29⁴		7,338,000		7,695,823
Playtika Holding Corp.
4.25% due 03/15/29⁴		5,850,000		5,303,034
Cloud Software Group, Inc.
6.50% due 03/31/29⁴		5,300,000		5,202,177
Capstone Borrower, Inc.
8.00% due 06/15/30⁴		3,525,000		3,648,763
Twilio, Inc.
3.88% due 03/15/31		4,000,000		3,587,416
Central Parent LLC / CDK Global II LLC / CDK Financing Company, Inc.
8.00% due 06/15/29⁴		3,050,000		3,093,966
Amentum Holdings, Inc.
7.25% due 08/01/32⁴		2,845,000		2,866,530
ACI Worldwide, Inc.
5.75% due 08/15/26⁴		2,348,000		2,343,767
PTC, Inc.
3.63% due 02/15/25⁴		1,830,000		1,825,068
SS&C Technologies, Inc.
5.50% due 09/30/27⁴		1,570,000		1,554,946
Fair Isaac Corp.
5.25% due 05/15/26⁴		1,375,000		1,371,205
NCR Voyix Corp.
5.13% due 04/15/29⁴		1,122,000		1,073,474
MSCI, Inc.
3.88% due 02/15/31⁴		883,000		808,427
TeamSystem S.p.A.
6.68% due 07/31/31	EUR	350,000		364,470
Total Technology				79,379,106
Total Corporate Bonds
(Cost $2,360,587,630)				2,222,082,544

ASSET-BACKED SECURITIES^†† - 18.9%
Collateralized Loan Obligations - 10.3%
Fortress Credit Opportunities IX CLO Ltd.
2021-9A CR, 7.72% (3 Month Term SOFR + 3.06%, Rate Floor: 2.80%) due 10/15/33^◊,4		35,000,000		35,046,952
2021-9A DR, 8.87% (3 Month Term SOFR + 4.21%, Rate Floor: 3.95%) due 10/15/33^◊,4		7,750,000		7,792,389
2021-9A A2TR, 6.72% (3 Month Term SOFR + 2.06%, Rate Floor: 1.80%) due 10/15/33^◊,4		2,950,000		2,955,436
FS Rialto
2021-FL3 D, 7.01% (1 Month Term SOFR + 2.61%, Rate Floor: 2.61%) due 11/16/36^◊,4		36,500,000		35,984,930
2021-FL2 D, 7.31% (1 Month Term SOFR + 2.91%, Rate Floor: 2.91%) due 05/16/38^◊,4		8,850,000		8,475,990
Palmer Square Loan Funding Ltd.
2022-1A B, 6.65% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 04/15/30^◊,4		26,200,000		26,243,510
2021-3A C, 7.38% (3 Month Term SOFR + 2.76%, Rate Floor: 2.76%) due 07/20/29^◊,4		8,300,000		8,362,218
2022-1A C, 7.25% (3 Month Term SOFR + 2.60%, Rate Floor: 2.60%) due 04/15/30^◊,4		3,400,000		3,420,436
LCCM Trust
2021-FL3 C, 7.11% (1 Month Term SOFR + 2.71%, Rate Floor: 2.71%) due 11/15/38^◊,4		28,865,000		28,484,250
2021-FL2 D, 7.41% (1 Month Term SOFR + 3.01%, Rate Floor: 3.01%) due 12/13/38^◊,4		5,750,000		5,408,147
LoanCore Issuer Ltd.
2021-CRE6 D, 7.36% (1 Month Term SOFR + 2.96%, Rate Floor: 2.85%) due 11/15/38^◊,4		11,300,000		11,194,988
2021-CRE5 D, 7.51% (1 Month Term SOFR + 3.11%, Rate Floor: 3.11%) due 07/15/36^◊,4		8,250,000		8,193,061
2022-CRE7 D, 7.70% (30 Day Average SOFR + 3.10%, Rate Floor: 3.10%) due 01/17/37^◊,4		6,400,000		6,249,723
2021-CRE5 C, 6.86% (1 Month Term SOFR + 2.46%, Rate Floor: 2.46%) due 07/15/36^◊,4		3,400,000		3,426,472

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
ASSET-BACKED SECURITIES^†† - 18.9% (continued)
Collateralized Loan Obligations - 10.3% (continued)
BXMT Ltd.
2020-FL2 C, 6.15% (1 Month Term SOFR + 1.76%, Rate Floor: 1.76%) due 02/15/38^◊,4		15,640,000	$	14,533,332
2020-FL2 D, 6.45% (1 Month Term SOFR + 2.06%, Rate Floor: 2.06%) due 02/15/38^◊,4		8,000,000		6,888,201
2020-FL3 D, 7.30% (1 Month Term SOFR + 2.91%, Rate Floor: 2.91%) due 11/15/37^◊,4		7,350,000		6,396,513
Fontainbleau Vegas
10.13% (1 Month Term SOFR + 5.65%, Rate Floor: 1.00%) due 01/31/26^{◊,†††}		26,499,999		26,500,000
ACRES Commercial Realty Ltd.
2021-FL2 D, 7.60% (1 Month Term SOFR + 3.21%, Rate Floor: 3.21%) due 01/15/37^◊,4		8,350,000		8,283,190
2021-FL1 D, 7.15% (1 Month Term SOFR + 2.76%, Rate Floor: 2.76%) due 06/15/36^◊,4		7,250,000		6,870,964
2021-FL2 C, 7.15% (1 Month Term SOFR + 2.76%, Rate Floor: 2.76%) due 01/15/37^◊,4		6,500,000		6,362,165
2021-FL2 B, 6.75% (1 Month Term SOFR + 2.36%, Rate Floor: 2.36%) due 01/15/37^◊,4		3,500,000		3,484,438
Cerberus Loan Funding XLVII LLC
2024-3A C, 7.21% (3 Month Term SOFR + 2.55%, Rate Floor: 2.55%) due 07/15/36^◊,4		20,150,000		20,455,047
2024-3A D, 9.01% (3 Month Term SOFR + 4.35%, Rate Floor: 4.35%) due 07/15/36^◊,4		3,900,000		3,916,069
Cerberus Loan Funding XLIV LLC
2024-5A C, 8.86% (3 Month Term SOFR + 4.20%, Rate Floor: 4.20%) due 01/15/36^◊,4		22,800,000		23,412,812
Cerberus Loan Funding XLII LLC
2023-3A C, 8.80% (3 Month Term SOFR + 4.15%, Rate Floor: 4.15%) due 09/13/35^◊,4		21,550,000		21,874,687
MidOcean Credit CLO VII
2020-7A CR, 7.12% (3 Month Term SOFR + 2.46%, Rate Floor: 0.00%) due 07/15/29^◊,4		21,000,000		21,050,356
Golub Capital Partners CLO Ltd.
2018-36A C, 6.92% (3 Month Term SOFR + 2.36%, Rate Floor: 0.00%) due 02/05/31^◊,4		20,000,000		20,013,738
BSPDF Issuer Ltd.
2021-FL1 D, 7.26% (1 Month Term SOFR + 2.86%, Rate Floor: 2.75%) due 10/15/36^◊,4		19,975,000		19,469,700
BSPRT Issuer Ltd.
2021-FL6 D, 7.51% (1 Month Term SOFR + 3.11%, Rate Floor: 3.00%) due 03/15/36^◊,4		18,425,000		16,691,189
2021-FL7 D, 7.26% (1 Month Term SOFR + 2.86%, Rate Floor: 2.86%) due 12/15/38^◊,4		1,600,000		1,572,571
Golub Capital Partners CLO 49M Ltd.
2021-49A D, 8.73% (3 Month Term SOFR + 4.11%, Rate Floor: 4.11%) due 08/26/33^◊,4		18,100,000		18,201,715
Voya CLO Ltd.
2021-2A CR, 8.52% (3 Month Term SOFR + 3.86%, Rate Floor: 3.60%) due 06/07/30^◊,4		16,500,000		16,590,077
2013-1A INC, due 10/15/30^4,9		28,970,307		1,107,535
Owl Rock CLO I LLC
2024-1A C, 8.77% (3 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 02/20/36^◊,4		17,250,000		17,669,798
Cerberus Loan Funding XLV LLC
2024-1A C, 7.81% (3 Month Term SOFR + 3.15%, Rate Floor: 3.15%) due 04/15/36^◊,4		17,150,000		17,410,839
FS Rialto Issuer LLC
2024-FL9 C, 7.01% (1 Month Term SOFR + 2.64%, Rate Floor: 2.65%) due 10/19/39^◊,4		10,450,000		10,424,196
2022-FL5 C, 8.29% (1 Month Term SOFR + 3.92%, Rate Floor: 3.92%) due 06/19/37^◊,4		6,950,000		6,846,405

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
ASSET-BACKED SECURITIES^†† - 18.9% (continued)
Collateralized Loan Obligations - 10.3% (continued)
STWD Ltd.
2022-FL3 D, 7.35% (30 Day Average SOFR + 2.75%, Rate Floor: 2.75%) due 11/15/38^◊,4		11,900,000	$	11,066,257
2021-FL2 D, 7.29% (1 Month Term SOFR + 2.91%, Rate Floor: 2.80%) due 04/18/38^◊,4		3,750,000		3,504,023
Carlyle Direct Lending CLO LLC
2024-1A BR, 7.41% (3 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 07/15/36^◊,4		14,200,000		14,415,982
GoldenTree Loan Management US CLO 1 Ltd.
2024-9A DR, 7.97% (3 Month Term SOFR + 3.35%, Rate Floor: 3.35%) due 04/20/37^◊,4		13,500,000		13,727,417
Ares Direct Lending CLO 2 LLC
2024-2A D, 8.50% (3 Month Term SOFR + 3.90%, Rate Floor: 3.90%) due 10/20/36^◊,4		13,050,000		13,357,150
Cerberus Loan Funding XL LLC
2023-1A C, 9.06% (3 Month Term SOFR + 4.40%, Rate Floor: 4.40%) due 03/22/35^◊,4		12,750,000		12,938,945
Owl Rock CLO IX LLC
2024-9A CR, 6.82% (3 Month Term SOFR + 2.30%, Rate Floor: 2.30%) due 11/22/37^◊,4		12,550,000		12,616,309
Neuberger Berman Loan Advisers CLO 32 Ltd.
2021-32A DR, 7.58% (3 Month Term SOFR + 2.96%, Rate Floor: 2.70%) due 01/20/32^◊,4		11,500,000		11,532,392
Fortress Credit BSL XV Ltd.
2024-2A CR, 7.23% (3 Month Term SOFR + 2.60%, Rate Floor: 2.60%) due 10/18/33^◊,4		11,150,000		11,210,566
KREF Ltd.
2021-FL2 AS, 5.80% (1 Month Term SOFR + 1.41%, Rate Floor: 1.30%) due 02/15/39^◊,4		11,000,000		10,787,907
Owl Rock CLO XVI LLC
2024-16A C, 7.92% (3 Month Term SOFR + 3.30%, Rate Floor: 3.30%) due 04/20/36^◊,4		10,150,000		10,307,105
THL Credit Lake Shore MM CLO I Ltd.
2021-1A CR, 7.92% (3 Month Term SOFR + 3.26%, Rate Floor: 3.00%) due 04/15/33^◊,4		9,900,000		9,911,265
Golub Capital Partners CLO 16 Ltd.
2021-16A CR2, 7.79% (3 Month Term SOFR + 3.16%, Rate Floor: 2.90%) due 07/25/33^◊,4		9,300,000		9,313,905
Ballyrock CLO 14 Ltd.
2021-14A SUB, (WAC) due 07/20/37^◊,4		9,750,000		9,312,225
Cerberus Loan Funding XLVI, LP
2024-2A C, 7.71% (3 Month Term SOFR + 3.05%, Rate Floor: 3.05%) due 07/15/36^◊,4		8,000,000		8,122,477
2024-2A D, 9.61% (3 Month Term SOFR + 4.95%, Rate Floor: 4.95%) due 07/15/36^◊,4		1,000,000		1,022,329
BCC Middle Market CLO LLC
2021-1A A1R, 6.42% (3 Month Term SOFR + 1.76%, Rate Floor: 1.50%) due 10/15/33^◊,4		9,000,000		9,024,628
CIFC Funding Ltd.
2021-2A DR, 7.98% (3 Month Term SOFR + 3.36%, Rate Floor: 3.10%) due 04/20/30^◊,4		8,100,000		8,146,483
BSPRT Issuer LLC
2024-FL11 C, 7.04% (1 Month Term SOFR + 2.64%, Rate Floor: 2.64%) due 07/15/39^◊,4		7,825,000		7,816,725
Madison Park Funding XLVIII Ltd.
2021-48A D, 7.88% (3 Month Term SOFR + 3.26%, Rate Floor: 3.26%) due 04/19/33^◊,4		7,500,000		7,543,140
ACRE Commercial Mortgage Ltd.
2021-FL4 D, 7.09% (1 Month Term SOFR + 2.71%, Rate Floor: 2.60%) due 12/18/37^◊,4		7,350,000		7,226,615

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
ASSET-BACKED SECURITIES^†† - 18.9% (continued)
Collateralized Loan Obligations - 10.3% (continued)
OCP CLO Ltd.
2024-38A SUB, (WAC) due 01/21/38^{◊,†††,4}		8,250,000	$	7,118,458
Madison Park Funding LVIII Ltd.
2024-58A D, 8.28% (3 Month Term SOFR + 3.65%, Rate Floor: 3.65%) due 04/25/37^◊,4		6,600,000		6,733,261
AGL CLO 35 Ltd.
2024-35A SUB, (WAC) due 01/21/38^◊,4		7,750,000		6,675,075
Dryden 37 Senior Loan Fund
2015-37A Q, due 01/15/31^4,9		9,500,000		6,619,282
Cerberus Loan Funding XXXIII, LP
2021-3A C, 7.71% (3 Month Term SOFR + 3.06%, Rate Floor: 2.80%) due 07/23/33^◊,4		5,900,000		5,906,599
ABPCI Direct Lending Fund CLO I LLC
2021-1A C2, 7.88% (3 Month Term SOFR + 3.26%, Rate Floor: 3.26%) due 07/20/33^◊,4		5,550,000		5,559,601
Cerberus Loan Funding XLVIII LLC
2024-4A D, 8.30% (3 Month Term SOFR + 3.85%, Rate Floor: 3.85%) due 10/15/36^◊,4		5,350,000		5,478,189
KREF Funding V LLC
6.26% (1 Month Term SOFR + 1.86%, Rate Floor: 1.86%) due 06/25/26^{◊,†††}		5,184,387		5,159,901
0.15% due 06/25/26^†††,10		73,636,363		52,282
Cerberus Loan Funding XXXV, LP
2021-5A C, 7.52% (3 Month Term SOFR + 2.86%, Rate Floor: 2.60%) due 09/22/33^◊,4		5,150,000		5,156,086
Hamlin Park CLO Ltd.
2024-1A SUB, (WAC) due 10/20/37^◊,4		5,550,000		4,945,050
Venture XIV CLO Ltd.
2020-14A CRR, 7.03% (3 Month Term SOFR + 2.51%, Rate Floor: 2.25%) due 08/28/29^◊,4		4,168,471		4,172,903
Neuberger Berman Loan Advisers CLO 40 Ltd.
2021-40A D, 7.66% (3 Month Term SOFR + 3.01%, Rate Floor: 2.75%) due 04/16/33^◊,4		4,050,000		4,072,419
Neuberger Berman Loan Advisers CLO 57 Ltd.
2024-57A SUB, (WAC) due 10/24/38^◊,4		4,250,000		3,748,500
Wellfleet CLO Ltd.
2021-3A C, 7.17% (3 Month Term SOFR + 2.51%, Rate Floor: 2.25%) due 01/15/35^◊,4		3,400,000		3,405,547
Ares Direct Lending CLO 1 LLC
2024-1A B, 6.83% (3 Month Term SOFR + 2.20%, Rate Floor: 2.20%) due 04/25/36^◊,4		2,750,000		2,809,133
HGI CRE CLO Ltd.
2021-FL2 D, 6.66% (1 Month Term SOFR + 2.26%, Rate Floor: 2.26%) due 09/17/36^◊,4		1,600,000		1,584,800
2021-FL2 E, 6.96% (1 Month Term SOFR + 2.56%, Rate Floor: 2.56%) due 09/17/36^◊,4		1,200,000		1,186,192
BDS Ltd.
2021-FL9 E, 7.09% (1 Month Term SOFR + 2.71%, Rate Floor: 2.60%) due 11/16/38^◊,4		2,700,000		2,567,653
PFP Ltd.
2024-11 B, 6.97% (1 Month Term SOFR + 2.49%, Rate Floor: 2.49%) due 09/17/39^◊,4		2,239,942		2,234,575
GoldenTree Loan Management US CLO 4 Ltd.
2021-4A DR, 8.05% (3 Month Term SOFR + 3.41%, Rate Floor: 3.15%) due 04/24/31^◊,4		2,000,000		2,011,730
Dryden 50 Senior Loan Fund
2017-50A SUB, due 07/15/30^4,9		7,895,000		1,810,087
Octagon Loan Funding Ltd.
2014-1A SUB, due 11/18/31^4,9		19,435,737		1,705,363
BNPP IP CLO Ltd.
2014-2A E, 10.10% (3 Month Term SOFR + 5.51%, Rate Floor: 0.00%) due 10/30/25^◊,4		5,951,655		1,666,463

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
ASSET-BACKED SECURITIES^†† - 18.9% (continued)
Collateralized Loan Obligations - 10.3% (continued)
Wind River CLO Ltd.
2018-1A ARR, 5.94% (3 Month Term SOFR + 1.31%, Rate Floor: 1.05%) due 07/18/31^◊,4		1,352,817	$	1,352,194
Carlyle Global Market Strategies CLO Ltd.
2012-3A SUB, due 01/14/32^4,9		6,400,000		1,105,272
2013-3X SUB, due 10/15/30⁹		4,938,326		90,075
AMMC CLO XI Ltd.
2012-11A SUB, due 04/30/31^4,9		5,650,000		708,637
Great Lakes CLO Ltd.
2014-1A SUB, due 10/15/29^4,9		1,500,000		565,999
Dryden 41 Senior Loan Fund
2015-41A SUB, due 04/15/31^4,9		11,700,000		219,235
Treman Park CLO Ltd.
2015-1A SUB, due 10/20/28^4,9		18,918,010		54,106
Dryden Senior Loan Fund
2015-37X, due 01/15/31⁹		1,897,598		33,569
Marathon CLO V Ltd.
2013-5A SUB, due 11/21/27^4,9		5,500,000		15,180
Venture XIII CLO Ltd.
2013-13A SUB, due 09/10/29^4,9		13,790,000		1,379
Babson CLO Ltd.
2014-IA SUB, due 07/20/25^4,9		11,900,000		1,190
Copper River CLO Ltd.
2007-1A INC, due 01/20/21^3,9		8,150,000		815
West CLO Ltd.
2013-1A SUB, due 11/07/25^4,9		5,300,000		530
Total Collateralized Loan Obligations				806,695,214
Transport-Aircraft - 2.5%
AASET Trust
2024-1A, 6.26% due 05/16/49⁴		13,918,658		14,018,590
2021-1A, 2.95% due 11/16/41⁴		12,010,309		11,205,065
2020-1A, 3.35% due 01/16/40⁴		4,038,464		3,877,074
2021-2A, 3.54% due 01/15/47⁴		2,827,114		2,534,812
2020-1A, 4.34% due 01/16/40⁴		2,259,932		1,977,398
2019-2, 3.38% due 10/16/39⁴		1,954,889		1,876,837
2019-1, 3.84% due 05/15/39⁴		663,442		643,598
KDAC Aviation Finance Ltd.
2017-1A, 4.21% due 12/15/42⁴		21,857,874		21,147,712
Navigator Aviation Ltd.
2024-1, 6.09% due 08/15/49⁴		14,642,858		14,145,899
AASET Ltd.
2024-2A, 5.93% due 09/16/49⁴		14,200,926		14,115,955
GAIA Aviation Ltd.
2019-1, 3.97% due 12/15/44^4,11		10,115,434		9,610,572
2019-1, 5.19% due 12/15/44^4,11		4,716,821		4,247,432
Sprite Ltd.
2021-1, 3.75% due 11/15/46⁴		11,816,357		11,297,041
Slam Ltd.
2024-1A, 5.34% due 09/15/49⁴		8,759,004		8,587,084
2021-1A, 3.42% due 06/15/46⁴		2,812,320		2,545,962
Castlelake Aircraft Securitization Trust
2019-1A, 3.97% due 04/15/39⁴		4,769,396		4,388,157
2018-1, 4.13% due 06/15/43⁴		4,283,189		4,069,038
JOL Air Ltd.
2019-1, 3.97% due 04/15/44⁴		8,332,518		8,153,869
Falcon Aerospace Ltd.
2019-1, 3.60% due 09/15/39⁴		3,312,746		3,130,301
2017-1, 4.58% due 02/15/42⁴		2,973,486		2,931,878
2017-1, 6.30% due 02/15/42⁴		1,152,193		1,124,551
Labrador Aviation Finance Ltd.
2016-1A, 4.30% due 01/15/42⁴		7,190,492		6,960,474
Sapphire Aviation Finance II Ltd.
2020-1A, 4.34% due 03/15/40⁴		7,188,573		6,110,574
2020-1A, 3.23% due 03/15/40⁴		435,530		409,411
Navigator Aircraft ABS Ltd.
2021-1, 3.57% due 11/15/46⁴		6,851,789		6,312,758
AASET US Ltd.
2018-2A, 4.45% due 11/18/38⁴		5,144,784		5,041,975
Project Silver
2019-1, 3.97% due 07/15/44⁴		5,064,774		4,749,847

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

		Face Amount^~		Value
ASSET-BACKED SECURITIES^†† - 18.9% (continued)
Transport-Aircraft - 2.5% (continued)
WAVE LLC
2019-1, 3.60% due 09/15/44⁴			5,042,354	$	4,726,248
Sapphire Aviation Finance I Ltd.
2018-1A, 4.25% due 03/15/40⁴			4,573,510		4,471,246
Lunar Structured Aircraft Portfolio Notes
2021-1, 3.43% due 10/15/46⁴			4,605,782		4,171,838
MACH 1 Cayman Ltd.
2019-1, 3.47% due 10/15/39⁴			2,778,591		2,668,948
MAPS Ltd.
2018-1A, 4.21% due 05/15/43⁴			1,087,886		1,080,832
Castlelake Aircraft Structured Trust
2021-1A, 6.66% due 01/15/46⁴			835,028		810,657
MAPS Trust
2021-1A, 2.52% due 06/15/46⁴			660,898		609,644
Total Transport-Aircraft					193,753,277
Financial - 2.1%
HarbourVest Structured Solutions IV Holdings, LP
7.55% (3 Month Term SOFR + 2.95%, Rate Floor: 2.45%) due 09/15/26^{◊,†††}			18,902,986		18,825,550
6.38% (3 Month EURIBOR + 2.45%, Rate Floor: 2.45%) due 09/15/26^{◊,†††}	EUR		9,403,421		9,596,720
Thunderbird A
5.50% due 03/01/37^†††			30,098,588		27,735,868
Lightning A
5.50% due 03/01/37^†††			30,007,608		27,652,029
KKR Core Holding Company LLC
4.00% due 08/12/31^†††			21,383,908		19,335,723
Ceamer Finance LLC
6.92% due 11/15/37^†††			9,185,028		9,177,677
6.79% due 11/15/39^†††			6,500,000		6,500,000
3.69% due 03/24/31^†††			3,801,378		3,604,404
Project Onyx I
7.74% (3 Month Term SOFR + 2.80%, Rate Floor: 2.80%) due 01/26/27^{◊,†††}			14,127,035		13,981,289
Bib Merchant Voucher Receivables Ltd.
4.18% due 04/07/28^†††			8,749,780		8,548,391
Nassau LLC
2019-1, 3.98% due 08/15/34³			8,166,528		7,575,122
Thunderbird B
7.50% due 03/01/37^†††			6,054,314		5,592,378
Lightning B
7.50% due 03/01/37^†††			6,036,013		5,575,474
Project Onyx II
7.74% (3 Month Term SOFR + 2.80%, Rate Floor: 2.80%) due 01/26/27^{◊,†††}			3,882,475		3,848,790
Total Financial					167,549,415
Infrastructure - 1.5%
VB-S1 Issuer LLC - VBTEL
2022-1A, 5.27% due 02/15/52⁴			39,650,000		37,939,899
2024-1A, 8.87% due 05/15/54⁴			5,950,000		6,166,002
Hotwire Funding LLC
2023-1A, 8.84% due 05/20/53⁴			20,000,000		20,649,104
2021-1, 4.46% due 11/20/51⁴			11,750,000		11,258,572
2024-1A, 9.19% due 06/20/54⁴			7,250,000		7,589,371
Switch ABS Issuer LLC
2024-2A, 5.44% due 06/25/54⁴			17,550,000		17,505,927
Vault DI Issuer LLC
2021-1A, 2.80% due 07/15/46⁴			7,150,000		6,749,931
Blue Stream Issuer LLC
2023-1A, 6.90% due 05/20/53⁴			3,400,000		3,459,121
2024-1A, 6.04% due 11/20/54⁴			1,850,000		1,849,572
Aligned Data Centers Issuer LLC
2021-1A, 2.48% due 08/15/46⁴			4,925,000		4,673,297
Total Infrastructure					117,840,796
Net Lease - 0.5%
CARS-DB4, LP
2020-1A, 4.95% due 02/15/50⁴			27,799,000		24,493,221
CARS-DB7, LP
2023-1A, 6.50% due 09/15/53⁴			11,123,438		11,302,381
SVC ABS LLC
2023-1A, 5.55% due 02/20/53⁴			5,922,729		5,733,050
Total Net Lease					41,528,652
Insurance - 0.5%
Obra Longevity
8.48% due 06/30/39^†††			34,300,000		35,591,471

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
ASSET-BACKED SECURITIES^†† - 18.9% (continued)
Insurance - 0.5% (continued)
CHEST
7.13% due 03/15/43^†††		5,400,000	$	5,497,543
Total Insurance				41,089,014
Whole Business - 0.5%
Subway Funding LLC
2024-1A, 6.51% due 07/30/54⁴		17,750,000		18,220,045
2024-3A, 5.91% due 07/30/54⁴		9,050,000		8,836,091
Applebee's Funding LLC / IHOP Funding LLC
2019-1A, 4.72% due 06/05/49⁴		9,742,590		9,571,194
Taco Bell Funding LLC
2016-1A, 4.97% due 05/25/46⁴		2,648,438		2,643,371
Wendy's Funding LLC
2018-1A, 3.88% due 03/15/48⁴		371,939		356,338
Total Whole Business				39,627,039
Single Family Residence - 0.4%
FirstKey Homes Trust
2020-SFR2, 4.00% due 10/19/37⁴		13,550,000		13,295,402
2020-SFR2, 4.50% due 10/19/37⁴		13,250,000		13,041,429
2020-SFR2, 3.37% due 10/19/37⁴		8,550,000		8,355,404
Total Single Family Residence				34,692,235
Asset Backed Securities - 0.3%
Endo Luxembourg Finance Co I SARL / Endo US, Inc.
7.40% due 09/30/45^†††		17,000,000		16,920,584
Akso Health Group
7.27% due 12/31/44		2,500,000		2,495,972
Total Asset Backed Securities				19,416,556
Consumer, Non-cyclical - 0.2%
IP Lending X Ltd.
2023-10A, 7.75% due 07/02/29^†††,4		15,407,121		15,407,121
Collateralized Debt Obligations - 0.1%
Anchorage Credit Funding 4 Ltd.
2021-4A CR, 3.52% due 04/27/39⁴		4,250,000		3,870,845
Total Asset-Backed Securities
(Cost $1,499,380,669)				1,481,470,164

SENIOR FLOATING RATE INTERESTS^††,◊ - 18.7%
Consumer, Cyclical - 5.3%
Zephyr Bidco Ltd.
10.20% (1 Month GBP SONIA + 5.50%, Rate Floor: 5.50%) due 07/20/28	GBP	20,850,000		26,136,897
FR Refuel LLC
9.22% (1 Month Term SOFR + 4.75%, Rate Floor: 5.50%) due 11/08/28		20,638,787		20,432,399
Pacific Bells LLC
8.60% (3 Month Term SOFR + 4.00%, Rate Floor: 4.50%) due 11/10/28		11,882,244		11,876,303
due 11/10/28		7,570,000		7,566,215
Caesars Entertainment, Inc.
6.61% (1 Month Term SOFR + 2.25%, Rate Floor: 2.75%) due 02/06/31		10,127,739		10,130,879
due 02/06/30		8,865,269		8,861,546
Fertitta Entertainment LLC
7.86% (1 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 01/27/29		18,730,856		18,784,801
Crash Champions Inc.
9.27% (3 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 02/23/29		18,743,924		17,707,197
Casper Bidco SAS (B&B Hotels)
7.17% (6 Month EURIBOR + 4.25%, Rate Floor: 4.25%) due 03/21/31	EUR	16,996,376		17,655,027
MB2 Dental Solutions LLC
9.86% (1 Month Term SOFR + 5.50%, Rate Floor: 6.25%) due 02/13/31^†††		15,454,318		15,419,668
10.02% (3 Month Term SOFR + 5.50%, Rate Floor: 6.25%) due 02/13/31^†††		2,083,822		2,047,394
9.84% (1 Month Term SOFR + 5.50%, Rate Floor: 6.25%) due 02/13/31^†††		202,000		179,930
QSRP Finco B.V.
8.03% (1 Month EURIBOR + 5.25%, Rate Floor: 5.25%) due 06/19/31	EUR	8,600,000		8,913,222
7.87% (3 Month EURIBOR + 5.25%, Rate Floor: 5.25%) due 06/16/31	EUR	6,600,000		6,840,379

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 18.7% (continued)
Consumer, Cyclical - 5.3% (continued)
Alexander Mann
10.67% (3 Month SOFR + 6.00%, Rate Floor: 6.00%) due 06/29/27		15,865,128	$	15,329,680
Betclic Everest Group SAS
6.26% (3 Month EURIBOR + 3.25%, Rate Floor: 3.25%) due 12/05/31	EUR	13,150,000		13,668,179
One Hotels GmbH
7.78% (3 Month EURIBOR + 4.50%, Rate Floor: 4.50%) due 04/02/31	EUR	10,400,000		10,826,949
First Brands Group LLC
9.85% (3 Month Term SOFR + 5.00%, Rate Floor: 6.00%) due 03/30/27		10,899,729		10,192,026
Rent-A-Center, Inc.
7.34% (3 Month Term SOFR + 2.75%, Rate Floor: 3.25%) due 02/17/28^†††		9,704,277		9,704,277
Peer Holding III BV
7.33% (3 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 07/01/31		5,120,000		5,140,787
7.58% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/28/30		3,473,750		3,491,119
5.93% (3 Month EURIBOR + 3.25%, Rate Floor: 3.25%) due 07/01/31	EUR	1,000,000		1,040,690
Drive Bidco B.V.
8.13% (6 Month EURIBOR + 4.50%, Rate Floor: 4.50%) due 07/23/31^†††	EUR	8,800,000		9,118,226
Belron Finance US, LLC
7.27% (3 Month Term SOFR + 2.75%, Rate Floor: 3.25%) due 10/16/31		8,668,275		8,738,748
Holding Socotec SAS
due 06/02/28		8,650,000		8,671,625
Shilton BidCo Ltd.
6.68% (3 Month EURIBOR + 4.00%, Rate Floor: 4.00%) due 01/13/30	EUR	8,300,000		8,610,895
Eagle Bidco Ltd.
due 03/22/28	EUR	8,000,000		8,242,711
The Facilities Group
10.56% ((3 Month Term SOFR + 5.75%) and (6 Month Term SOFR + 5.75%), Rate Floor: 6.75%) due 11/30/27^†††		8,308,410		8,177,636
NFM & J LLC
10.44% (3 Month Term SOFR + 5.75%, Rate Floor: 6.75%) due 11/30/27^†††		8,173,504		8,044,853
Grant Thornton Advisors LLC
7.61% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 06/02/31		5,655,825		5,651,187
due 05/30/31		1,604,348		1,603,032
PCI Gaming Authority, Inc.
6.36% (1 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 07/18/31		7,164,000		7,143,081
Scientific Games Corp.
7.59% (3 Month Term SOFR + 3.00%, Rate Floor: 3.50%) due 04/04/29		6,937,613		6,948,019
CCRR Parent, Inc.
9.03% (3 Month Term SOFR + 4.36%, Rate Floor: 5.11%) due 03/06/28		11,752,745		6,796,965
Apro LLC
8.27% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 07/09/31		6,334,125		6,389,549
Oil Changer Holding Corp.
11.41% (3 Month Term SOFR + 6.75%, Rate Floor: 7.75%) due 02/08/27^†††		6,345,020		6,292,794
Clarios Global, LP
5.97% ((1 Month EURIBOR + 3.00%) and (3 Month EURIBOR + 3.00%), Rate Floor: 3.00%) due 07/16/31	EUR	4,810,000		4,984,637
6.86% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 05/06/30		1,170,000		1,173,510
Shaw Development LLC
10.43% (6 Month Term SOFR + 6.00%, Rate Floor: 6.00%) due 10/30/29^†††		6,119,713		6,021,217
Entain Holdings (Gibraltar) Ltd.
5.93% (3 Month EURIBOR + 3.25%, Rate Floor: 3.25%) due 06/30/28	EUR	5,450,000		5,655,328

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 18.7% (continued)
Consumer, Cyclical - 5.3% (continued)
Accuride Corp.
11.93% (1 Month Term SOFR + 1.00%, Rate Floor: 6.06%) (in-kind rate was 5.87) due 05/18/26¹²		6,067,545	$	2,889,669
14.85% (1 Month Term SOFR + 10.00%, Rate Floor: 12.00%) due 01/23/25^†††		2,052,097		1,954,378
14.61% (1 Month Term SOFR + 10.00%, Rate Floor: 12.00%) due 01/23/25^†††		99,351		94,383
Elvis UK HoldCo Ltd.
6.64% (3 Month EURIBOR + 3.43%, Rate Floor: 3.43%) due 10/19/28	EUR	4,650,000		4,826,007
Packers Holdings LLC
7.71% (1 Month Term SOFR + 3.25%, Rate Floor: 4.00%) due 03/09/28		9,080,487		4,522,083
Alterra Mountain Co.
7.11% (1 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 08/17/28		4,436,400		4,461,377
ImageFIRST Holdings LLC
8.58% (3 Month Term SOFR + 4.25%, Rate Floor: 5.00%) due 04/27/28^†††		3,834,225		3,834,226
Da Vinci Purchaser Corp.
7.86% (1 Month Term SOFR + 3.50%, Rate Floor: 4.50%) due 01/08/27		3,781,365		3,793,503
Parts Europe SA
6.34% (6 Month EURIBOR + 3.25%, Rate Floor: 3.25%) due 02/03/31	EUR	3,550,000		3,689,631
Tacala Investment Corp.
7.86% (1 Month Term SOFR + 3.50%, Rate Floor: 4.25%) due 01/31/31		3,574,538		3,595,377
ScribeAmerica Intermediate Holdco LLC (Healthchannels)
9.67% (6 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 04/03/25		4,588,631		3,117,011
Albion Financing 3 SARL
7.50% (3 Month EURIBOR + 4.25%, Rate Floor: 4.25%) due 08/16/29	EUR	2,300,000		2,396,161
AmSpec Parent LLC
due 12/11/31		2,210,000		2,221,050
SHO Holding I Corp.
11.17% (1 Month Term SOFR + 6.50%, Rate Floor: 7.50%) due 06/30/29^†††		1,690,162		1,677,422
16.57% (1 Month Term SOFR + 4.50%, Rate Floor: 11.67%) (in-kind rate was 4.90%) due 06/30/29^†††,12		614,316		540,598
Congruex Group LLC
10.49% (3 Month Term SOFR + 5.75%, Rate Floor: 6.50%) due 05/03/29		2,787,388		2,135,836
Allwyn Entertainment Financing US LLC
6.91% (3 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 06/02/31		1,960,162		1,973,648
Dealer Tire LLC
7.86% (1 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 07/02/31		1,800,488		1,800,488
Checkers Holdings, Inc.
13.70% (6 Month Term SOFR + 3.00%, Rate Floor: 7.70%) (in-kind rate was 6.00%) due 06/16/28^†††,12		1,306,715		1,306,715
11.70% (6 Month Term SOFR + 3.00%, Rate Floor: 7.70%) (in-kind rate was 4.00%) due 06/16/27^†††,12		182,267		182,267
BIFM CA Buyer, Inc.
due 05/31/28		1,275,000		1,284,563
Verisure Holding AB
5.72% (3 Month EURIBOR + 3.00%, Rate Floor: 3.00%) due 03/27/28	EUR	370,000		384,300

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 18.7% (continued)
Consumer, Cyclical - 5.3% (continued)
WW International, Inc.
7.97% (1 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 04/13/28		750,000	$	162,000
Total Consumer, Cyclical				413,052,270
Technology - 3.1%
Sitecore Holding III A/S
10.14% (3 Month Term SOFR + 3.58%, Rate Floor: 5.81%) (in-kind rate was 4.33%) due 03/12/29^†††,12		14,385,713		14,272,731
9.25% (3 Month EURIBOR + 3.50%, Rate Floor: 5.00%) (in-kind rate was 4.25%) due 03/12/29^†††,12	EUR	10,073,338		10,355,637
Datix Bidco Ltd.
10.20% (1 Month GBP SONIA + 5.50%, Rate Floor: 5.50%) due 04/25/31^†††	GBP	12,072,000		15,001,146
9.93% (6 Month Term SOFR + 5.50%, Rate Floor: 6.00%) due 04/30/31^†††		3,430,000		3,404,880
10.02% (1 Month GBP SONIA + 5.50%, Rate Floor: 6.00%) due 10/25/30^†††	GBP	162,000		179,149
10.02% (1 Month Term SOFR + 5.50%, Rate Floor: 6.00%) due 10/25/30^†††		178,200		157,398
Visma AS
7.38% (6 Month EURIBOR + 4.00%, Rate Floor: 4.00%) due 12/05/28^†††	EUR	16,296,596		16,717,055
Avalara, Inc.
10.58% (3 Month Term SOFR + 6.25%, Rate Floor: 7.00%) due 10/19/28^†††		16,000,000		15,855,474
DS Admiral Bidco LLC
8.61% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 06/26/31		15,880,200		15,364,094
Team.Blue Finco SARL
6.38% (3 Month EURIBOR + 3.70%, Rate Floor: 3.70%) due 09/30/29	EUR	7,500,000		7,739,664
6.38% (3 Month EURIBOR + 3.70%, Rate Floor: 3.70%) due 03/30/28	EUR	6,506,144		6,714,049
Planview Parent, Inc.
due 12/17/27		10,154,280		10,215,307
8.10% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 12/17/27		4,099,426		4,131,893
Aston FinCo SARL
9.47% (1 Month GBP SONIA + 4.75%, Rate Floor: 4.75%) due 10/09/26	GBP	12,546,950		14,268,794
Wrench Group LLC
8.59% (3 Month Term SOFR + 4.00%, Rate Floor: 5.00%) due 10/30/28		12,902,500		12,354,144
Zuora, Inc.
due 12/12/31		11,475,000		11,417,625
Concorde Lux
7.09% (6 Month EURIBOR + 4.00%, Rate Floor: 4.00%) due 03/01/28	EUR	10,525,431		10,886,967
Modena Buyer LLC
8.86% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 07/01/31		10,420,000		10,062,698
Leia Finco US LLC
7.89% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/09/31		10,065,000		10,047,688
Kerridge Commercial Systems Bidco Ltd.
due 03/27/25	GBP	7,997,768		10,013,231
Boxer Parent Co., Inc.
8.34% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 07/30/31		8,670,000		8,734,071
Pushpay USA, Inc.
8.83% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 08/15/31^†††		7,645,000		7,683,225
Finastra
11.65% (3 Month Term SOFR + 7.25%, Rate Floor: 8.25%) due 09/13/29^†††		7,611,482		7,557,841
Polaris Newco LLC
8.09% ((1 Month Term SOFR + 3.50%) and (3 Month Term SOFR + 3.50%), Rate Floor: 3.50%) due 06/04/26^†††		5,402,867		5,210,541
6.86% (3 Month EURIBOR + 4.00%, Rate Floor: 4.00%) due 06/02/28	EUR	997,423		994,870

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 18.7% (continued)
Technology - 3.1% (continued)
Blackhawk Network Holdings, Inc.
9.36% (1 Month Term SOFR + 5.00%, Rate Floor: 6.00%) due 03/12/29		3,920,300	$	3,963,698
Azalea TopCo
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 04/30/31		3,920,175		3,927,545
Atlas CC Acquisition Corp.
9.03% (3 Month Term SOFR + 4.25%, Rate Floor: 5.00%) due 05/25/28		3,014,554		2,013,722
Central Parent LLC
7.58% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 07/06/29		1,466,325		1,444,521
Redhalo Midco Ltd.
6.47% (3 Month EURIBOR + 3.75%, Rate Floor: 3.75%) due 03/24/31	EUR	1,000,000		1,041,177
Precise Midco B.V.
6.34% (3 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 11/15/30	EUR	1,000,000		1,038,048
Cloud Software Group, Inc.
7.83% (3 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 03/29/29		735,211		736,799
Finastra USA, Inc.
11.65% (3 Month Term SOFR + 7.25%, Rate Floor: 8.25%) due 09/13/29^†††		664,762		600,465
Xerox Corp.
8.34% ((1 Month Term SOFR + 4.00%) and (3 Month Term SOFR + 4.00%), Rate Floor: 4.50%) due 11/17/29		438,462		437,273
Total Technology				244,543,420
Industrial - 3.0%
Total Webhosting Solutions B.V.
7.36% (1 Month EURIBOR + 4.50%, Rate Floor: 4.50%) due 10/31/31	EUR	18,000,000		18,599,627
Capstone Acquisition Holdings, Inc.
8.96% (1 Month Term SOFR + 4.50%, Rate Floor: 5.50%) due 11/12/29^†††		17,772,666		17,676,876
Fugue Finance LLC
due 12/05/31		9,520,000		9,595,398
8.26% (3 Month Term SOFR + 3.75%, Rate Floor: 4.25%) due 02/26/31		8,009,750		8,053,804
Merlin Buyer, Inc.
8.33% (3 Month Term SOFR + 4.00%, Rate Floor: 4.50%) due 12/14/28		9,107,167		9,061,631
9.08% (3 Month Term SOFR + 4.75%, Rate Floor: 5.25%) due 12/14/28		8,245,101		8,224,488
Arcline FM Holdings, LLC
9.31% ((3 Month Term SOFR + 4.50%) and (6 Month Term SOFR + 4.50%), Rate Floor: 5.25%) due 06/23/28		14,011,291		14,079,386
Michael Baker International LLC
9.11% (1 Month Term SOFR + 4.75%, Rate Floor: 5.50%) due 12/01/28		10,406,179		10,438,750
Hobbs & Associates LLC
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 07/23/31		9,063,636		9,100,435
7.65% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 07/23/31		906,364		910,043
Dispatch Terra Acquisition LLC
8.73% (3 Month Term SOFR + 4.40%, Rate Floor: 5.15%) due 03/27/28		10,033,277		9,539,941
Foundation Building Materials Holding Company LLC
8.59% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 01/29/31		8,138,500		7,999,169

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 18.7% (continued)
Industrial - 3.0% (continued)
DXP Enterprises, Inc.
8.11% (1 Month Term SOFR + 3.75%, Rate Floor: 4.75%) due 10/11/30		7,870,774	$	7,952,787
Quikrete Holdings, Inc.
6.86% (1 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 04/14/31		7,692,498		7,683,729
Boluda Towage S.L.
6.41% (3 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 01/31/30	EUR	7,215,385		7,515,110
Valcour Packaging LLC
8.34% (1 Month Term SOFR + 1.50%, Rate Floor: 6.09%) (in-kind rate was 2.25%) due 10/04/28¹²		4,193,873		3,657,057
9.73% (1 Month Term SOFR + 5.25%, Rate Floor: 5.25%) due 10/04/28		3,454,560		3,538,057
DG Investment Intermediate Holdings 2, Inc.
8.22% (1 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 03/31/28		7,062,554		7,118,489
PointClickCare Technologies, Inc.
7.58% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 11/03/31		6,151,210		6,181,966
Integrated Power Services Holdings, Inc.
8.97% (1 Month Term SOFR + 4.50%, Rate Floor: 5.25%) due 11/22/28^†††		5,816,944		5,800,769
Inspired Finco Holdings Ltd.
6.86% (1 Month EURIBOR + 4.00%, Rate Floor: 4.00%) due 02/28/31	EUR	5,200,000		5,419,078
Apave S.A.
due 12/09/31	EUR	4,850,000		5,044,231
Anchor Packaging LLC
8.32% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 07/18/29		4,678,275		4,710,438
United Airlines, Inc.
6.63% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 02/22/31		4,372,736		4,380,563
Mauser Packaging Solutions Holding Co.
7.59% (3 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 04/15/27		4,184,848		4,210,251
FCG Acquisitions, Inc.
8.22% (1 Month Term SOFR + 3.75%, Rate Floor: 4.25%) due 03/31/28		4,021,843		4,043,963
MI Windows And Doors LLC
7.36% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 03/28/31		3,583,185		3,614,036
Artera Services LLC
8.83% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 02/15/31		3,593,522		3,556,580
EMRLD Borrower, LP
6.83% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 08/04/31		2,094,750		2,100,867
6.93% (6 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 05/31/30		1,258,493		1,262,205
Cognita Ltd.
8.82% (1 Month SOFR + 4.00%, Rate Floor: 4.50%) due 10/27/31^†††		3,175,000		3,206,750
Aegion Corp.
8.11% (1 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 05/17/28		3,108,679		3,127,331
TK Elevator Midco GmbH
5.86% (1 Month EURIBOR + 3.00%, Rate Floor: 3.00%) due 01/29/27^†††	EUR	2,927,043		2,925,423
Brown Group Holding LLC
6.86% (1 Month Term SOFR + 2.50%, Rate Floor: 3.00%) due 07/01/31		1,392,661		1,396,797
7.00% ((1 Month Term SOFR + 2.50%) and (3 Month Term SOFR + 2.50%), Rate Floor: 3.00%) due 07/01/31		1,243,758		1,246,519

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 18.7% (continued)
Industrial - 3.0% (continued)
Cube A&D Buyer, Inc.
8.13% (3 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 10/17/31		2,500,000	$	2,512,500
ILPEA Parent, Inc.
8.36% (1 Month Term SOFR + 4.00%, Rate Floor: 4.75%) due 06/22/28^†††		2,066,936		2,064,352
NA Rail Hold Co. LLC
8.59% (3 Month Term SOFR + 4.00%, Rate Floor: 4.25%) due 10/19/26		1,924,738		1,943,985
Cognita Ltd.
6.78% (3 Month EURIBOR + 4.00%, Rate Floor: 4.00%) due 04/25/29	EUR	1,450,000		1,508,415
Madison Safety & Flow LLC
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 09/26/31		1,396,500		1,405,661
White Cap Supply Holdings LLC
due 10/19/29		1,300,000		1,301,079
Air Canada
6.34% (3 Month Term SOFR + 2.00%, Rate Floor: 2.00%) due 03/21/31		992,500		995,607
Albion Financing 3 SARL
9.10% (3 Month Term SOFR + 4.25%, Rate Floor: 4.75%) due 08/16/29		766,150		772,532
API Heat Transfer Thermasys Corp.
12.66% (3 Month Term SOFR + 8.00%, Rate Floor: 11.00%) due 11/12/27^†††		484,752		484,752
9.66% (3 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 11/10/27^†††		280,567		280,567
LBM Acquisition LLC
8.30% (1 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 06/06/31		498,747		493,814
Gulfside Supply, Inc.
7.33% (3 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 06/17/31		368,803		370,001
Total Industrial				237,105,809
Consumer, Non-cyclical - 3.0%
Women's Care Holdings, Inc.
9.19% (3 Month Term SOFR + 4.50%, Rate Floor: 5.25%) due 01/15/28		30,284,063		28,769,860
Midwest Veterinary Partners LLC
8.39% (3 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 04/27/28		20,021,746		20,046,773
HAH Group Holding Co. LLC
9.36% (1 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 09/24/31		17,292,486		17,270,871
Nidda Healthcare Holding GmbH
7.01% (3 Month EURIBOR + 4.00%, Rate Floor: 4.00%) due 02/21/30	EUR	16,147,239		16,793,898
PlayCore
9.09% (3 Month Term SOFR + 4.50%, Rate Floor: 5.50%) due 02/20/30		16,550,808		16,690,497
Southern Veterinary Partners LLC
7.71% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/30/31		14,061,941		14,146,313
Quirch Foods Holdings LLC
9.64% (3 Month Term SOFR + 5.00%, Rate Floor: 6.00%) due 10/27/27		14,982,623		13,933,839
LaserAway Intermediate Holdings II LLC
10.66% (3 Month Term SOFR + 5.75%, Rate Floor: 6.50%) due 10/14/27		12,158,498		11,580,969
Domidep
due 10/30/29	EUR	10,200,000		10,597,917
Blue Ribbon LLC
10.85% (3 Month Term SOFR + 6.00%, Rate Floor: 6.75%) due 05/08/28		14,911,795		9,990,903

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 18.7% (continued)
Consumer, Non-cyclical - 3.0% (continued)
CHG PPC Parent LLC
7.47% (1 Month Term SOFR + 3.00%, Rate Floor: 3.50%) due 12/08/28		9,052,837	$	9,092,488
Rainbow Finco SARL
9.45% (3 Month GBP SONIA + 4.50%, Rate Floor: 4.50%) due 02/26/29	GBP	7,250,000		9,073,211
Eyecare Partners LLC
9.33% (3 Month Term SOFR + 1.00%, Rate Floor: 5.72%) (in-kind rate was 3.61%) due 11/30/28¹²		8,881,884		6,872,358
10.37% (3 Month Term SOFR + 5.75%, Rate Floor: 5.75%) due 08/31/28		2,100,649		2,119,029
Gibson Brands, Inc.
10.58% (6 Month Term SOFR + 5.00%, Rate Floor: 5.00%) due 08/11/28		8,051,000		7,957,045
Florida Food Products LLC
9.59% (3 Month Term SOFR + 5.00%, Rate Floor: 5.75%) due 10/18/28		8,645,325		7,283,686
Hanger, Inc.
7.86% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 10/23/31		5,049,810		5,093,996
Outcomes Group Holdings, Inc.
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 05/06/31		4,328,277		4,369,396
IVI America LLC
8.83% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 04/09/31		4,278,500		4,305,241
VC GB Holdings I Corp.
8.09% (3 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 07/21/28		4,118,159		4,114,988
Froneri US, Inc.
6.36% (3 Month Term SOFR + 2.00%, Rate Floor: 2.50%) due 09/30/31		3,200,000		3,200,576
Resonetics LLC
8.37% (3 Month Term SOFR + 3.75%, Rate Floor: 4.50%) due 06/18/31		2,812,950		2,827,746
7.60% (3 Month Term SOFR + 3.25%, Rate Floor: 4.00%) due 06/18/31		25,000		25,131
Osmosis Holdings Australia II Pty Ltd.
8.05% (1 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 07/31/28		1,636,724		1,636,724
Medical Solutions Parent Holdings, Inc.
8.19% (3 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 11/01/28		2,212,075		1,551,527
Heritage Grocers Group LLC
11.18% (3 Month Term SOFR + 6.75%, Rate Floor: 7.50%) due 08/01/29		1,278,451		1,211,870
Bowtie Germany Bidco GMBH
6.68% (3 Month EURIBOR + 4.00%, Rate Floor: 4.00%) due 08/01/31	EUR	1,000,000		1,036,266
Electron BidCo, Inc.
due 11/01/28		675,000		676,944
Lyons Magnus
11.34% (3 Month Term SOFR + 6.75%, Rate Floor: 6.75%) due 05/10/27		598,527		580,075
Weber-Stephen Products LLC
8.71% (1 Month Term SOFR + 4.25%, Rate Floor: 5.00%) due 10/30/27		413,313		411,763
Moran Foods LLC
11.68% (3 Month Term SOFR + 7.25%, Rate Floor: 8.25%) due 06/30/26^†††		1,041,920		256,980

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 18.7% (continued)
Consumer, Non-cyclical - 3.0% (continued)
TGP Holdings LLC
7.71% (1 Month Term SOFR + 3.25%, Rate Floor: 4.00%) due 06/29/28		211,567	$	205,725
Total Consumer, Non-cyclical				233,724,605
Financial - 2.9%
Higginbotham Insurance Agency, Inc.
8.86% (1 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 11/24/28^†††		20,775,970		20,622,254
QTS Good News Facility
7.10% (3 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 10/09/28		19,150,000		19,150,000
Cobham Ultra SeniorCo SARL
9.24% (6 Month Term SOFR + 3.75%, Rate Floor: 4.25%) due 08/03/29		11,421,375		11,368,380
7.31% (6 Month EURIBOR + 3.75%, Rate Floor: 3.75%) due 08/06/29	EUR	7,000,000		7,108,072
Asurion LLC
8.61% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 09/19/30		15,311,625		15,256,963
8.71% (1 Month Term SOFR + 4.25%, Rate Floor: 4.25%) due 08/19/28		3,080,694		3,080,694
Aretec Group, Inc.
7.86% (1 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 08/09/30		12,251,405		12,299,921
due 08/09/30		4,340,000		4,343,385
Eisner Advisory Group
8.36% (1 Month Term SOFR + 4.00%, Rate Floor: 4.50%) due 02/28/31		16,038,405		16,187,402
HighTower Holding LLC
8.07% (3 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 04/21/28		12,244,530		12,290,447
Claudius Finance Parent SARL
6.59% (3 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 07/10/28	EUR	9,225,000		9,564,043
AqGen Island Holdings, Inc.
7.36% (3 Month Term SOFR + 3.61%, Rate Floor: 4.11%) due 08/02/28		9,054,232		9,129,699
Duff & Phelps
8.08% (3 Month Term SOFR + 3.75%, Rate Floor: 4.75%) due 04/09/27		5,946,128		5,804,907
6.68% (3 Month EURIBOR + 4.00%, Rate Floor: 4.00%) due 04/09/27	EUR	2,984,375		2,960,874
Nexus Buyer LLC
8.36% (1 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 07/31/31		8,428,875		8,449,947
Galaxy Bidco Ltd.
due 12/05/29	EUR	7,500,000		7,771,215
Pex Holdings LLC
7.08% (3 Month Term SOFR + 2.75%, Rate Floor: 2.75%) due 11/19/31		6,000,000		6,022,500
Cross Financial Corp.
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 10/31/31^†††		5,828,292		5,857,434
Quimper AB
6.79% (3 Month EURIBOR + 3.75%, Rate Floor: 3.75%) due 03/15/30	EUR	5,600,000		5,816,201
Tegra118 Wealth Solutions, Inc.
8.52% (3 Month Term SOFR + 4.00%, Rate Floor: 4.00%) due 02/18/27		5,579,836		5,337,448
HUB International Ltd.
7.37% (3 Month Term SOFR + 2.75%, Rate Floor: 3.50%) due 06/20/30		4,294,572		4,316,045
OEG Borrower LLC
7.85% (3 Month Term SOFR + 3.50%, Rate Floor: 3.50%) due 06/30/31		3,421,425		3,417,148
Apleona Holding GmbH
6.81% (3 Month EURIBOR + 3.75%, Rate Floor: 3.75%) due 04/28/28	EUR	3,200,000		3,326,926
Alter Domus
8.12% (3 Month Term SOFR + 3.50%, Rate Floor: 4.00%) due 07/17/31		3,137,934		3,159,115
Ardonagh Midco 3 plc
9.90% (6 Month Term SOFR + 4.75%, Rate Floor: 4.75%) due 02/16/31^†††		3,086,747		3,045,999

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 18.7% (continued)
Financial - 2.9% (continued)
Worldpay
6.83% (3 Month Term SOFR + 2.50%, Rate Floor: 2.50%) due 01/31/31		2,992,500	$	3,004,350
Cervantes Bidco S.L.U.
6.46% (3 Month EURIBOR + 3.75%, Rate Floor: 3.75%) due 06/13/31	EUR	2,800,000		2,912,133
Orion Advisor Solutions, Inc.
8.34% (3 Month Term SOFR + 3.75%, Rate Floor: 3.75%) due 09/24/30		2,394,000		2,413,822
Assetmark Financial Holdings, Inc.
7.08% (3 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 09/05/31		2,200,000		2,206,182
Ardonagh Midco 3 plc
8.51% ((3 Month Term SOFR + 3.75%) and (6 Month Term SOFR + 3.75%), Rate Floor: 3.75%) due 02/15/31		2,070,000		2,080,350
Howden Group Holdings Ltd.
due 02/15/31	EUR	2,000,000		2,076,220
Hyperion Refinance SARL
7.36% (1 Month Term SOFR + 3.00%, Rate Floor: 3.50%) due 02/15/31		1,845,375		1,855,857
Virtu Financial
7.11% (1 Month Term SOFR + 2.75%, Rate Floor: 3.25%) due 06/21/31		1,250,000		1,252,350
Capstone Borrower, Inc.
7.58% (3 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 06/17/30		327,251		329,195
Total Financial				223,817,478
Communications - 0.8%
Syndigo LLC
9.28% (3 Month Term SOFR + 4.50%, Rate Floor: 5.25%) due 12/15/27		21,984,241		22,011,721
Speedster Bidco GMBH
due 10/17/31	EUR	5,700,000		5,922,366
due 10/17/31		5,700,000		5,709,519
FirstDigital Communications LLC
8.72% (1 Month Term SOFR + 4.25%, Rate Floor: 5.00%) due 12/17/26^†††		10,418,125		10,182,929
Zayo Group Holdings, Inc.
7.47% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 03/09/27		6,146,447		5,744,347
Cengage Learning, Inc.
7.96% ((1 Month Term SOFR + 3.50%) and (3 Month Term SOFR + 3.50%), Rate Floor: 4.50%) due 03/24/31		5,348,125		5,369,624
UFC Holdings LLC
6.77% (3 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 11/21/31		4,350,000		4,368,792
Xplore, Inc.
6.00% (1 Month Term SOFR + 1.50%, Rate Floor: 1.50%) due 10/24/31		3,620,762		2,932,817
9.47% (1 Month Term SOFR + 1.50%, Rate Floor: 5.97%) (in-kind rate was 3.50%) due 10/23/29¹²		1,010,510		992,826
Total Communications				63,234,941
Energy - 0.4%
BANGL LLC
9.09% (3 Month Term SOFR + 4.50%, Rate Floor: 4.50%) due 02/01/29		13,616,538		13,697,420
Par Petroleum LLC
8.33% (3 Month Term SOFR + 3.75%, Rate Floor: 4.25%) due 02/28/30		8,328,857		8,297,623
Bip PipeCo Holdings LLC
6.84% (3 Month Term SOFR + 2.25%, Rate Floor: 2.25%) due 12/06/30		3,557,189		3,564,303
Venture Global Calcasieu Pass LLC
7.33% (1 Month Term SOFR + 2.88%, Rate Floor: 3.88%) due 08/19/26		2,365,315		2,365,315

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FLOATING RATE INTERESTS^††,◊ - 18.7% (continued)
Energy - 0.4% (continued)
Permian Production Partners LLC
12.47% (1 Month Term SOFR + 6.00%, Rate Floor: 10.47%) (in-kind rate was 2.00%) due 11/24/25¹²		691,484	$	684,569
Total Energy				28,609,230
Basic Materials - 0.2%
Illuminate Buyer LLC
7.36% (1 Month Term SOFR + 3.00%, Rate Floor: 3.00%) due 12/31/29		5,785,500		5,837,049
GrafTech Finance, Inc.
due 11/04/29		5,221,215		5,221,215
Arsenal AIC Parent LLC
7.61% (1 Month Term SOFR + 3.25%, Rate Floor: 3.25%) due 08/18/30		3,924,820		3,953,275
Eden S.A.S.
6.22% (3 Month EURIBOR + 3.50%, Rate Floor: 3.50%) due 06/22/29	EUR	1,500,000		1,556,838
Discovery Purchaser Corp.
8.95% (3 Month Term SOFR + 4.36%, Rate Floor: 4.86%) due 10/04/29		997,500		1,001,989
Schur Flexibles GmbH
8.66% (6 Month EURIBOR + 5.50%, Rate Floor: 5.50%) due 09/28/27	EUR	787,500		475,307
Total Basic Materials				18,045,673
Total Senior Floating Rate Interests
(Cost $1,493,755,058)				1,462,133,426

COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 14.4%
Government Agency - 6.8%
Uniform MBS 30 Year
due 03/01/25¹³		125,952,182		121,456,571
due 02/01/25¹³		76,900,000		75,861,081
due 02/01/25¹³		54,822,818		52,891,739
Fannie Mae
5.50% due 05/01/53		101,903,026		100,835,850
5.00% due 05/01/53		33,752,378		32,640,506
5.00% due 08/01/53		21,268,456		20,577,988
5.00% due 06/01/53		7,317,306		7,075,749
Freddie Mac
5.50% due 02/01/53		51,774,654		51,366,929
5.00% due 06/01/53		27,224,255		26,392,386
5.00% due 02/01/53		23,392,588		22,679,651
5.00% due 03/01/53		18,432,477		17,841,149
Total Government Agency				529,619,599
Residential Mortgage-Backed Securities - 5.7%
OBX Trust
2024-NQM5, 6.51% due 01/25/64⁴		12,495,000		12,523,559
2024-NQM6, 6.92% (WAC) due 02/25/64^◊,4		6,901,000		6,992,687
2022-NQM9, 6.45% due 09/25/62¹¹		6,608,773		6,624,448
2023-NQM2, 6.80% due 01/25/62^4,11		5,350,162		5,376,376
2024-NQM4, 6.62% (WAC) due 01/25/64^◊,4		5,250,000		5,278,630
2022-NQM8, 6.10% due 09/25/62^4,11		3,760,387		3,755,155
Mill City Securities Ltd.
2024-RS1, 4.00% due 11/01/69^4,11		23,164,000		20,917,092
2024-RS2, 3.00% due 08/01/69^4,11		8,150,000		7,531,374
BRAVO Residential Funding Trust
2022-R1, 3.13% due 01/29/70^4,11		25,557,897		25,370,816
JP Morgan Mortgage Acquisition Trust
2006-WMC4, 4.75% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 12/25/36^◊		19,868,174		10,310,148
2006-WMC3, 4.75% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 08/25/36^◊		7,710,777		5,597,471
2006-HE3, 4.77% (1 Month Term SOFR + 0.43%, Rate Floor: 0.32%) due 11/25/36^◊		4,537,451		4,030,289
2006-WMC4, 4.69% (1 Month Term SOFR + 0.35%, Rate Floor: 0.24%) due 12/25/36^◊		6,838,800		3,546,533
2006-WMC4, 4.61% (1 Month Term SOFR + 0.27%, Rate Floor: 0.16%) due 12/25/36^◊		2,891,684		1,497,446
Top Pressure Recovery Turbines
7.51% due 11/01/69		24,727,151		24,850,787
Ameriquest Mortgage Securities Trust
2006-M3, 4.63% (1 Month Term SOFR + 0.29%, Rate Floor: 0.18%) due 10/25/36^◊		18,048,632		9,768,804

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 14.4% (continued)
Residential Mortgage-Backed Securities - 5.7% (continued)
2006-M3, 4.69% (1 Month Term SOFR + 0.35%, Rate Floor: 0.24%) due 10/25/36^◊		30,575,204	$	8,821,546
2006-M3, 4.55% (1 Month Term SOFR + 0.21%, Rate Floor: 0.10%) due 10/25/36^◊		12,710,676		3,667,456
WaMu Asset-Backed Certificates WaMu Series
2007-HE2, 4.81% (1 Month Term SOFR + 0.47%, Rate Floor: 0.47%) due 04/25/37^◊		22,723,757		8,381,983
2007-HE2, 4.64% (1 Month Term SOFR + 0.30%, Rate Floor: 0.30%) due 04/25/37^◊		17,315,302		6,375,008
2007-HE4, 4.62% (1 Month Term SOFR + 0.28%, Rate Floor: 0.28%) due 07/25/47^◊		5,810,089		4,262,531
2007-HE4, 4.70% (1 Month Term SOFR + 0.36%, Rate Floor: 0.36%) due 07/25/47^◊		1,849,240		1,051,952
Long Beach Mortgage Loan Trust
2006-6, 4.95% (1 Month Term SOFR + 0.61%, Rate Floor: 0.50%) due 07/25/36^◊		13,253,972		5,024,859
2006-8, 4.77% (1 Month Term SOFR + 0.43%, Rate Floor: 0.32%) due 09/25/36^◊		15,745,891		4,190,640
2006-1, 4.83% (1 Month Term SOFR + 0.49%, Rate Floor: 0.38%) due 02/25/36^◊		3,495,255		2,932,209
2006-4, 4.77% (1 Month Term SOFR + 0.43%, Rate Floor: 0.32%) due 05/25/36^◊		9,640,020		2,786,479
2006-6, 4.75% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 07/25/36^◊		4,127,127		1,559,924
2006-8, 4.63% (1 Month Term SOFR + 0.29%, Rate Floor: 0.18%) due 09/25/36^◊		4,266,841		1,129,993
2006-6, 4.65% (1 Month Term SOFR + 0.31%, Rate Floor: 0.20%) due 07/25/36^◊		2,389,106		901,488
FIGRE Trust
2024-HE5, 5.70% (WAC) due 10/25/54^◊,4		7,556,724		7,493,862
2024-HE6, 5.97% (WAC) due 12/25/54^◊,4		3,938,000		3,911,532
2024-HE4, 5.25% (WAC) due 09/25/54^◊,4		3,589,942		3,514,406
2024-HE4, 5.30% (WAC) due 09/25/54^◊,4		3,088,224		3,017,488
RALI Series Trust
2006-QO6, 4.81% (1 Month Term SOFR + 0.47%, Rate Floor: 0.36%) due 06/25/46^◊		30,674,404		6,679,655
2007-QO2, 4.60% (1 Month Term SOFR + 0.26%, Rate Floor: 0.15%) due 02/25/47^◊		12,720,327		3,895,393
2006-QO8, 4.85% (1 Month Term SOFR + 0.51%, Rate Floor: 0.40%) due 10/25/46^◊		2,506,600		2,391,204
2006-QO6, 4.91% (1 Month Term SOFR + 0.57%, Rate Floor: 0.46%) due 06/25/46^◊		7,981,062		1,779,977
2006-QO6, 4.97% (1 Month Term SOFR + 0.63%, Rate Floor: 0.52%) due 06/25/46^◊		5,035,370		1,138,884
2006-QO2, 4.99% (1 Month Term SOFR + 0.65%, Rate Floor: 0.54%) due 02/25/46^◊		5,947,913		1,047,489
2006-QO2, 5.13% (1 Month Term SOFR + 0.79%, Rate Floor: 0.68%) due 02/25/46^◊		3,182,638		561,407
2006-QO2, 4.89% (1 Month Term SOFR + 0.55%, Rate Floor: 0.44%) due 02/25/46^◊		213,333		36,895
American Home Mortgage Assets Trust
2006-6, 4.66% (1 Month Term SOFR + 0.32%, Rate Floor: 0.21%) due 12/25/46^◊		6,587,216		5,512,284
2006-1, 4.64% (1 Month Term SOFR + 0.30%, Rate Floor: 0.19%) due 05/25/46^◊		5,651,532		5,029,233
2006-3, 5.77% (1 Year CMT Rate + 0.94%, Rate Floor: 0.94%) due 10/25/46^◊		4,640,593		3,029,392

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 14.4% (continued)
Residential Mortgage-Backed Securities - 5.7% (continued)
LSTAR Securities Investment Ltd.
2024-1, 7.78% (30 Day Average SOFR + 3.10%, Rate Floor: 3.10%) due 01/01/29^◊,4		13,020,766	$	13,009,150
Citigroup Mortgage Loan Trust, Inc.
2007-AMC3, 4.70% (1 Month Term SOFR + 0.36%, Rate Floor: 0.25%) due 03/25/37^◊		8,923,451		7,475,809
2022-A, 6.17% due 09/25/62^4,11		5,407,496		5,408,509
Morgan Stanley IXIS Real Estate Capital Trust
2006-2, 4.67% (1 Month Term SOFR + 0.33%, Rate Floor: 0.22%) due 11/25/36^◊		20,874,677		6,610,355
2006-2, 4.60% (1 Month Term SOFR + 0.26%, Rate Floor: 0.15%) due 11/25/36^◊		18,356,265		5,812,891
NYMT Loan Trust
2022-SP1, 5.25% due 07/25/62^4,11		11,689,663		11,596,887
GCAT Trust
2022-NQM5, 5.71% due 08/25/67^4,11		8,060,294		8,022,295
2023-NQM2, 6.60% due 11/25/67^4,11		2,576,935		2,581,994
Morgan Stanley ABS Capital I Incorporated Trust
2006-HE8, 4.67% (1 Month Term SOFR + 0.33%, Rate Floor: 0.22%) due 10/25/36^◊		18,172,344		7,838,929
2006-HE6, 4.65% (1 Month Term SOFR + 0.31%, Rate Floor: 0.20%) due 09/25/36^◊		4,144,253		1,390,793
2007-HE4, 4.68% (1 Month Term SOFR + 0.34%, Rate Floor: 0.23%) due 02/25/37^◊		3,631,027		1,145,193
IXIS Real Estate Capital Trust
2007-HE1, 4.61% (1 Month Term SOFR + 0.27%, Rate Floor: 0.16%) due 05/25/37^◊		22,944,559		5,245,906
2007-HE1, 4.68% (1 Month Term SOFR + 0.34%, Rate Floor: 0.23%) due 05/25/37^◊		16,255,898		3,716,552
GSAMP Trust
2007-NC1, 4.71% (1 Month Term SOFR + 0.37%, Rate Floor: 0.26%) due 12/25/46^◊		16,938,688		8,645,652
Master Asset-Backed Securities Trust
2006-WMC3, 4.77% (1 Month Term SOFR + 0.43%, Rate Floor: 0.32%) due 08/25/36^◊		9,666,426		3,255,465
2006-HE3, 4.65% (1 Month Term SOFR + 0.31%, Rate Floor: 0.20%) due 08/25/36^◊		9,056,708		2,683,961
2006-HE3, 4.75% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 08/25/36^◊		7,614,529		2,256,648
CFMT LLC
2022-HB9, 3.25% (WAC) due 09/25/37^◊,4		8,650,000		8,008,963
Finance of America HECM Buyout
2024-HB1, 6.00% (WAC) due 10/01/34^◊,4		8,000,000		7,896,731
PRPM LLC
2024-4, 6.41% due 08/25/29^4,11		7,766,713		7,785,108
GSAA Home Equity Trust
2006-3, 5.05% (1 Month Term SOFR + 0.71%, Rate Floor: 0.60%) due 03/25/36^◊		9,468,453		4,587,617
2006-9, 4.93% (1 Month Term SOFR + 0.59%, Rate Floor: 0.48%) due 06/25/36^◊		6,926,716		1,777,289
2007-7, 4.99% (1 Month Term SOFR + 0.65%, Rate Floor: 0.54%) due 07/25/37^◊		239,941		227,548
OSAT Trust
2021-RPL1, 5.12% due 05/25/65^4,11		6,320,644		6,300,726
First NLC Trust
2007-1, 4.73% (1 Month Term SOFR + 0.39%, Rate Floor: 0.28%) due 08/25/37^◊,4		6,050,643		2,985,067
2007-1, 4.52% (1 Month Term SOFR + 0.18%, Rate Floor: 0.07%) due 08/25/37^◊,4		4,588,396		2,263,807

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 14.4% (continued)
Residential Mortgage-Backed Securities - 5.7% (continued)
Argent Securities Trust
2006-W5, 4.75% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 06/25/36^◊		8,144,895	$	5,238,573
Alternative Loan Trust
2007-OA7, 4.81% (1 Month Term SOFR + 0.47%, Rate Floor: 0.36%) due 05/25/47^◊		5,578,891		5,217,338
Home Equity Loan Trust
2007-FRE1, 4.64% (1 Month Term SOFR + 0.30%, Rate Floor: 0.19%) due 04/25/37^◊		5,539,650		5,212,966
Lehman XS Trust Series
2006-18N, 4.81% (1 Month Term SOFR + 0.47%, Rate Floor: 0.36%) due 12/25/36^◊		3,156,625		2,987,696
2006-10N, 4.87% (1 Month Term SOFR + 0.53%, Rate Floor: 0.42%) due 07/25/46^◊		2,088,451		1,856,488
Merrill Lynch Mortgage Investors Trust Series
2007-HE2, 4.87% (1 Month Term SOFR + 0.53%, Rate Floor: 0.42%) due 02/25/37^◊		6,631,892		1,872,792
2007-HE2, 4.97% (1 Month Term SOFR + 0.63%, Rate Floor: 0.52%) due 02/25/37^◊		4,800,539		1,355,585
2007-HE2, 4.69% (1 Month Term SOFR + 0.35%, Rate Floor: 0.24%) due 02/25/37^◊		3,816,921		1,077,897
2007-HE2, 5.29% (1 Month Term SOFR + 0.95%, Rate Floor: 0.84%) due 02/25/37^◊		1,553,241		438,549
WaMu Asset-Backed Certificates WaMu Series Trust
2007-HE1, 4.91% (1 Month Term SOFR + 0.57%, Rate Floor: 0.57%) due 01/25/37^◊		6,751,645		3,029,240
2007-HE4, 4.62% (1 Month Term SOFR + 0.28%, Rate Floor: 0.28%) due 07/25/47^◊		2,589,972		1,473,119
Saluda Grade Alternative Mortgage Trust
2023-FIG4, 7.12% (WAC) due 11/25/53^◊,4		4,166,042		4,261,403
ACE Securities Corporation Home Equity Loan Trust Series
2007-ASP1, 5.21% (1 Month Term SOFR + 0.87%, Rate Floor: 0.76%) due 03/25/37^◊		10,146,968		4,040,186
Verus Securitization Trust
2022-8, 6.13% due 09/25/67^4,11		3,971,645		3,963,080
HSI Asset Securitization Corporation Trust
2007-HE1, 4.64% (1 Month Term SOFR + 0.30%, Rate Floor: 0.19%) due 01/25/37^◊		5,415,034		3,794,213
First Franklin Mortgage Loan Trust
2006-FF16, 4.87% (1 Month Term SOFR + 0.53%, Rate Floor: 0.42%) due 12/25/36^◊		6,971,502		2,814,837
Washington Mutual Mortgage Pass-Through Certificates WMALT Series Trust
2006-AR9, 5.67% (1 Year CMT Rate + 0.84%, Rate Floor: 0.84%) due 11/25/46^◊		3,393,716		2,764,797
Morgan Stanley Mortgage Loan Trust
2006-9AR, 4.75% (1 Month Term SOFR + 0.41%, Rate Floor: 0.30%) due 08/25/36^◊		7,712,574		1,793,459
Alliance Bancorp Trust
2007-OA1, 4.93% (1 Month Term SOFR + 0.59%, Rate Floor: 0.48%) due 07/25/37^◊		1,770,223		1,510,667
Nomura Resecuritization Trust
2015-4R, 3.10% (1 Month Term SOFR + 0.54%, Rate Floor: 0.43%) due 03/26/36^◊		888,272		854,514

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 14.4% (continued)
Residential Mortgage-Backed Securities - 5.7% (continued)
Morgan Stanley Re-REMIC Trust
2010-R5, 3.50% due 06/26/36		374,040	$	349,649
Total Residential Mortgage-Backed Securities				448,533,677
Commercial Mortgage-Backed Securities - 1.6%
BX Trust
2024-VLT4, 6.84% (1 Month Term SOFR + 2.44%, Rate Floor: 2.44%) due 07/15/29^◊,4		20,650,000		20,727,437
2023-DELC, 7.74% (1 Month Term SOFR + 3.34%, Rate Floor: 3.34%) due 05/15/38^◊,4		10,650,000		10,736,531
BX Commercial Mortgage Trust
2021-VOLT, 6.51% (1 Month Term SOFR + 2.11%, Rate Floor: 2.00%) due 09/15/36^◊,4		20,650,000		20,598,375
2024-AIRC, 6.99% (1 Month Term SOFR + 2.59%, Rate Floor: 2.59%) due 08/15/39^◊,4		6,500,000		6,532,500
BXHPP Trust
2021-FILM, 5.61% (1 Month Term SOFR + 1.21%, Rate Floor: 1.10%) due 08/15/36^◊,4		21,644,000		20,304,334
GS Mortgage Securities Corporation Trust
2020-UPTN, 3.25% (WAC) due 02/10/37^◊,4		8,256,000		8,234,670
2020-DUNE, 7.17% (1 Month Term SOFR + 2.76%, Rate Floor: 2.65%) due 12/15/36^◊,4		7,340,000		7,000,623
2020-DUNE, 6.57% (1 Month Term SOFR + 2.16%, Rate Floor: 1.90%) due 12/15/36^◊,4		2,750,000		2,650,231
JP Morgan Chase Commercial Mortgage Securities Trust
2021-NYAH, 7.40% (1 Month Term SOFR + 3.00%, Rate Floor: 2.64%) due 06/15/38^◊,4		15,000,000		11,546,409
SMRT
2022-MINI, 6.35% (1 Month Term SOFR + 1.95%, Rate Floor: 1.95%) due 01/15/39^◊,4		10,000,000		9,850,000
MHP
2022-MHIL, 7.01% (1 Month Term SOFR + 2.61%, Rate Floor: 2.61%) due 01/15/27^◊,4		8,204,525		8,173,758
Total Commercial Mortgage-Backed Securities				126,354,868
Military Housing - 0.3%
Freddie Mac Military Housing Bonds Resecuritization Trust Certificates
2015-R1, 0.70% (WAC) due 10/25/52^◊,4,10		155,110,505		7,914,593
2015-R1, 0.70% (WAC) due 11/25/52^◊,4,10		147,980,400		7,084,606
2015-R1, 0.70% (WAC) due 11/25/55^◊,4,10		62,333,279		3,534,733
Capmark Military Housing Trust
2007-AET2, 6.06% due 10/10/52^†††,4		5,385,833		5,034,247
Total Military Housing				23,568,179
Total Collateralized Mortgage Obligations
(Cost $1,277,731,152)				1,128,076,323

U.S. GOVERNMENT SECURITIES^†† - 4.9%
U.S. Treasury Notes
4.25% due 03/15/27¹⁸		360,000,000		359,906,112
4.63% due 02/28/25		21,000,000		21,005,922
Total U.S. Government Securities
(Cost $380,491,239)				380,912,034

U.S. TREASURY BILLS^†† - 0.5%
U.S. Treasury Bills
4.25% due 01/14/25¹⁴		42,000,000		41,941,279
Total U.S. Treasury Bills
(Cost $41,935,542)				41,941,279

CONVERTIBLE BONDS^†† - 0.3%
Consumer, Non-cyclical - 0.2%
Block, Inc.
due 05/01/26¹⁵		21,951,000		20,359,553
Communications - 0.1%
Cable One, Inc.
due 03/15/26¹⁵		5,750,000		5,336,000
Total Convertible Bonds
(Cost $25,784,774)				25,695,553

SENIOR FIXED RATE INTERESTS^†† - 0.0%
Industrial - 0.0%
Schur Flexibles GmbH
12.10% due 09/30/26	EUR	438,970		400,262
12.63% due 09/30/26	EUR	295,269		269,233
8.66% due 09/30/26	EUR	292,063		266,310

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
SENIOR FIXED RATE INTERESTS^†† - 0.0% (continued)
Industrial - 0.0% (continued)
Total Industrial				935,805
Total Senior Fixed Rate Interests
(Cost $1,062,145)				935,805

REPURCHASE AGREEMENTS^††,16 - 3.0%
BNP Paribas
issued 12/31/24 at 4.45% due 01/02/25		86,315,303		86,315,303
BofA Securities, Inc.
issued 12/31/24 at 4.43% due 01/02/25		69,052,243		69,052,243
J.P. Morgan Securities LLC
issued 12/31/24 at 4.45% due 01/02/25		43,157,652		43,157,652
Bank of Montreal
issued 12/31/24 at 4.41% due 01/02/25		34,526,121		34,526,121
Total Repurchase Agreements
(Cost $233,051,319)				233,051,319

		Contracts/Notional Value^~
LISTED OPTIONS PURCHASED^† - 0.0%
Put Options on:
Equity Options
SPDR S&P Regional Banking ETF Expiring January 2025 with strike price of $43.00 (Notional Value $52,051,875)		8,625		86
Total Listed Options Purchased
(Cost $2,732,367)				86

OTC OPTIONS PURCHASED^†† - 0.1%
Put Options on:
Foreign Exchange Options
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $128,987,033)	EUR	81,423,000		1,289,135
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $128,987,033)	EUR	81,423,000		1,289,134
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $90,289,181)	EUR	56,995,000		904,975
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $42,613,895)	EUR	26,900,000		427,122
Bank of America, N.A. Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $38,694,684)	EUR	24,426,000		387,840
BNP Paribas Foreign Exchange EUR/USD Expiring November 2025 with strike price of EUR 1.01 (Notional Value $7,017,828)	EUR	4,430,000		70,340
Total Foreign Exchange Options				4,368,546
Equity Options
Goldman Sachs International Gaotu Techedu, Inc. Expiring January 2025 with strike price of $110.00 (Notional Value $110,179,879)		810,981		37,224
Total OTC Options Purchased
(Cost $7,461,719)				4,405,770

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Contracts/Notional Value^~		Value
OTC INTEREST RATE SWAPTIONS PURCHASED^††,19 - 0.0%
Call Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 3.60% (Notional Value $184,979,480)	GBP	147,700,000	$	761,268
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 3.23% (Notional Value $200,258,760)	GBP	159,900,000		488,056
Total Interest Rate Call Swaptions				1,249,324
Put Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.48% (Notional Value $200,258,760)	GBP	159,900,000		795,234
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.85% (Notional Value $184,979,480)	GBP	147,700,000		435,272
Total Interest Rate Put Swaptions				1,230,506
Total OTC Interest Rate Swaptions Purchased
(Cost $3,282,605)				2,479,830
Total Investments - 101.3%
(Cost $8,321,934,077)			$	7,947,268,493

OTC INTEREST RATE SWAPTIONS WRITTEN^†† - 0.0%
Call Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 2.73% (Notional Value $200,258,760)	GBP	159,900,000	$	(243,247	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 3.10% (Notional Value $184,979,480)	GBP	147,700,000		(377,150	)
Total Interest Rate Call Swaptions				(620,397	)
Put Swaptions on:
Interest Rate Swaptions
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.60% (Notional Value $184,979,480)	GBP	147,700,000		(625,210	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap Expiring October 2025 with exercise rate of 4.23% (Notional Value $200,258,760)	GBP	159,900,000		(1,129,806	)
Total Interest Rate Put Swaptions				(1,755,016	)
Total OTC Interest Rate Swaptions Written
(Premiums received $2,882,044)				(2,375,413	)
Other Assets & Liabilities, net - (1.3)%				(105,734,830	)
Total Net Assets - 100.0%			$	7,839,158,250

Centrally Cleared Credit Default Swap Agreements Protection Purchased^††

Counterparty	Exchange	Index	Protection Premium Rate			Payment Frequency	Maturity Date		Notional Amount^~	Value			Upfront Premiums Received			Unrealized Appreciation (Depreciation)^**
J.P. Morgan Securities LLC	ICE	ITRAXX.EUR.42.V1		1.00	%	Quarterly	12/20/29	EUR	62,590,000	$	(1,285,637	)	$	(1,331,127	)	$	45,490
J.P. Morgan Securities LLC	ICE	CDX.NA.IG.43.V1		1.00	%	Quarterly	12/20/29		183,422,063		(4,094,112	)		(3,909,275	)		(184,837	)
										$	(5,379,749	)	$	(5,240,402	)	$	(139,347	)

OTC Credit Default Swap Agreements Protection Purchased^††

Counterparty	Index	Protection Premium Rate			Payment Frequency	Maturity Date	Notional Amount		Value			Upfront Premiums Received			Unrealized Appreciation^**
Morgan Stanley Capital Services LLC	CDX.NA.HY.43.V1 (15-25%)		5.00	%	Quarterly	12/20/29	$	17,220,000	$	(864,769	)	$	(1,078,971	)	$	214,202
Morgan Stanley Capital Services LLC	CDX.NA.HY.43.V1 (25-35%)		5.00	%	Quarterly	12/20/29		17,220,000		(2,478,795	)		(2,591,298	)		112,503
									$	(3,343,564	)	$	(3,670,269	)	$	326,705

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

Centrally Cleared Interest Rate Swap Agreements^††

Counterparty	Exchange	Floating Rate Type	Floating Rate Index	Fixed Rate			Payment Frequency	Maturity Date	Notional Amount		Value			Upfront Premiums Paid		Unrealized Appreciation (Depreciation)^**
J.P. Morgan Securities LLC	CME	Receive	U.S. Secured Overnight Financing Rate		3.55	%	Annually	03/14/54	$	3,060,000	$	206,502		$	295	$	206,207
J.P. Morgan Securities LLC	CME	Pay	U.S. Secured Overnight Financing Rate		3.75	%	Annually	08/01/29		152,530,000		(1,906,292	)		858		(1,907,150	)
											$	(1,699,790	)	$	1,153	$	(1,700,943	)

Total Return Swap Agreements

Counterparty

Reference Obligation

Type

Financing Rate

Payment Frequency

Maturity Date

Units

Notional Amount

Value and Unrealized Appreciation

OTC Equity Index Swap Agreements^††

Bank of America, N.A.

SPDR S&P 500 ETF Trust

Pay

4.97% (Federal Funds Rate + 0.64%)

At Maturity

06/02/25

74,100

43,428,528

6,325,265

OTC Interest Rate Swap Agreements^††

Goldman Sachs International

Goldman Sachs Swaption Forward Volatility Index

Pay

5.33% (Federal Funds Rate + 1.00%)

At Maturity

04/11/25

37,000,000

56,454,600

2,224,699

Forward Foreign Currency Exchange Contracts^††

Counterparty

Currency

Type

Quantity

Contract Amount

Settlement Date

Unrealized Appreciation (Depreciation)

Nomura Global Financial Products, Inc.

EUR

Sell

303,105,000

318,212,359

USD

01/17/25

3,962,473

Citibank, N.A.

GBP

Sell

58,875,000

74,631,598

USD

01/17/25

928,306

Barclays Bank plc

GBP

Sell

7,400,000

9,415,969

USD

01/17/25

152,201

Barclays Bank plc

CAD

Sell

5,635,000

3,970,952

USD

01/17/25

48,222

Bank of America, N.A.

EUR

Sell

5,600,000

5,844,848

USD

01/17/25

38,942

Bank of America, N.A.

EUR

Sell

2,285,000

2,410,656

USD

02/27/25

37,486

Barclays Bank plc

EUR

Sell

1,374,000

1,448,686

USD

02/27/25

21,668

Toronto-Dominion Bank

EUR

Sell

19,950,000

20,702,209

USD

01/17/25

18,666

Barclays Bank plc

EUR

Sell

2,800,000

2,905,741

USD

01/17/25

2,787

Citibank, N.A.

GBP

Buy

1,015,000

1,272,582

USD

01/17/25

(1,944

)

Barclays Bank plc

EUR

Buy

6,230,000

6,481,556

USD

01/17/25

(22,485

)

Bank of America, N.A.

EUR

Buy

3,150,000

3,315,424

USD

01/17/25

(49,601

)

5,136,721

OTC Interest Rate Swaptions Purchased

Counterparty/Description	Floating Rate Type	Floating Rate Index	Payment Frequency	Fixed Rate			Expiration Date	Exercise Rate			Swaption Notional Amount		Swaption Value
Call
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		3.60	%	10/31/25		3.60	%	$	184,979,480	$	761,268
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		3.23	%	10/28/25		3.23	%		200,258,760		488,056
													$	1,249,324
Put
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		4.48	%	10/28/25		4.48	%	$	200,258,760	$	795,234
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		4.85	%	10/31/25		4.85	%		184,979,480		435,272
													$	1,230,506

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

OTC Interest Rate Swaptions Written

Counterparty/Description	Floating Rate Type	Floating Rate Index	Payment Frequency	Fixed Rate			Expiration Date	Exercise Rate			Swaption Notional Amount		Swaption Value
Call
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		2.73	%	10/28/25		2.73	%	$	200,258,760	$	(243,247	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Receive	12 Month GBP SONIA	Annual		3.10	%	10/31/25		3.10	%		184,979,480		(377,150	)
													$	(620,397	)
Put
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		4.60	%	10/31/25		4.60	%	$	184,979,480	$	(625,210	)
Morgan Stanley Capital Services LLC 1-Year/2-Year Interest Rate Swap	Pay	12 Month GBP SONIA	Annual		4.23	%	10/28/25		4.23	%		200,258,760		(1,129,806	)
													$	(1,755,016	)

^~	The face amount is denominated in U.S. dollars unless otherwise indicated.
^*	Non-income producing security.
^**	Includes cumulative appreciation (depreciation).
^***	A copy of each underlying unaffiliated fund's financial statements is available at the SEC's website at www.sec.gov.
^†	Value determined based on Level 1 inputs, unless otherwise noted — See Note 3.
^††	Value determined based on Level 2 inputs, unless otherwise noted — See Note 3.
^†††	Value determined based on Level 3 inputs — See Note 3.
^◊	Variable rate security. Rate indicated is the rate effective at December 31, 2024. In some instances, the effective rate is limited by a minimum rate floor or a maximum rate cap established by the issuer. The settlement status of a position may also impact the effective rate indicated. In some cases, a position may be unsettled at period end and may not have a stated effective rate. In instances where multiple underlying reference rates and spread amounts are shown, the effective rate is based on a weighted average.
¹	Affiliated issuer.
²	Special Purpose Acquisition Company (SPAC).
³	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be illiquid and restricted under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) illiquid and restricted securities is $7,585,987 (cost $9,914,104), or 0.1% of total net assets — See Note 6.
⁴	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be liquid under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) securities is $3,136,870,598 (cost $3,262,295,840), or 40.0% of total net assets.
⁵	Rate indicated is the 7-day yield as of December 31, 2024.
⁶	Perpetual maturity.
⁷	Security has a fixed rate coupon which will convert to a floating or variable rate coupon on a future date.
⁸	Security is in default of interest and/or principal obligations.
⁹	Security has no stated coupon. However, it is expected to receive residual cash flow payments on defined deal dates.
¹⁰	Security is an interest-only strip.
¹¹	Security is a step up/down bond. The coupon increases or decreases at regular intervals until the bond reaches full maturity. Rate indicated is the rate at December 31, 2024. See table below for additional step information for each security.
¹²	Payment-in-kind security.
¹³	Security is unsettled at period end and does not have a stated effective rate.
¹⁴	Rate indicated is the effective yield at the time of purchase.
¹⁵	Zero coupon rate security.
¹⁶	Repurchase Agreements - The interest rate on repurchase agreements is market driven and based on the underlying collateral obtained. See additional disclosure in the repurchase agreements table below for more information on repurchase agreements.
¹⁷	Security is no longer an affiliated entity as a result of New Age Alpha’s acquisition of certain Guggenheim Funds on October 25, 2024.
¹⁸	All or a portion of this security is pledged as collateral for swaptions and total return swap agreements at December 31, 2024.
¹⁹	Swaptions — See additional disclosure in the swaptions table above for more information on swaptions.

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

CAD — Canadian Dollar

CDX.NA.HY.43.V1 — Credit Default Swap North American High Yield Series 43 Index Version 1

CDX.NA.IG.43.V1 — Credit Default Swap North American Investment Grade Series 43 Index Version 1

CME — Chicago Mercantile Exchange

CMT — Constant Maturity Treasury

EUR — Euro

EURIBOR — European Interbank Offered Rate

GBP — British Pound

ICE — Intercontinental Exchange

ITRAXX.EUR.42.V1 — iTraxx Europe Series 42 Index Version 1

plc — Public Limited Company

PPV — Public-Private Venture

REMIC — Real Estate Mortgage Investment Conduit

SARL — Société à Responsabilité Limitée

SOFR — Secured Overnight Financing Rate

SONIA — Sterling Overnight Index Average

WAC — Weighted Average Coupon

See Sector Classification in Other Information section.

The following table summarizes the inputs used to value the Fund's investments at December 31, 2024 (See Note 3 in the Notes to Schedule of Investments):

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Common Stocks	$	3,707,369	$	1,623,466	$	2,824,069	$	8,154,904
Preferred Stocks		24,510,255		276,975,591		27,496,800		328,982,646
Warrants		1,152		—		248		1,400
Exchange-Traded Funds		73,260,000		—		—		73,260,000
Mutual Funds		379,366,661		—		—		379,366,661
Money Market Funds		174,318,749		—		—		174,318,749
Corporate Bonds		—		2,080,277,256		141,805,288		2,222,082,544
Asset-Backed Securities		—		1,209,248,511		272,221,653		1,481,470,164
Senior Floating Rate Interests		—		1,218,136,815		243,996,611		1,462,133,426
Collateralized Mortgage Obligations		—		1,123,042,076		5,034,247		1,128,076,323
U.S. Government Securities		—		380,912,034		—		380,912,034
U.S. Treasury Bills		—		41,941,279		—		41,941,279
Convertible Bonds		—		25,695,553		—		25,695,553
Senior Fixed Rate Interests		—		935,805		—		935,805
Repurchase Agreements		—		233,051,319		—		233,051,319
Options Purchased		86		4,405,770		—		4,405,856
Interest Rate Swaptions Purchased		—		2,479,830		—		2,479,830
Credit Default Swap Agreements**		—		372,195		—		372,195
Interest Rate Swap Agreements**		—		206,207		—		206,207
Forward Foreign Currency Exchange Contracts**		—		5,210,751		—		5,210,751
Equity Index Swap Agreements**		—		6,325,265		—		6,325,265
Total Return Interest Rate Swap Agreements**		—		2,224,699		—		2,224,699
Total Assets	$	655,164,272	$	6,613,064,422	$	693,378,916	$	7,961,607,610

Investments in Securities (Liabilities)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Interest Rate Swaptions Written	$	—	$	2,375,413	$	—	$	2,375,413
Credit Default Swap Agreements**		—		184,837		—		184,837
Interest Rate Swap Agreements**		—		1,907,150		—		1,907,150
Forward Foreign Currency Exchange Contracts**		—		74,030		—		74,030
Unfunded Loan Commitments (Note 5)		—		—		2,004,052		2,004,052
Total Liabilities	$	—	$	4,541,430	$	2,004,052	$	6,545,482

^**	This derivative is reported as unrealized appreciation/depreciation at period end.

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

The following is a summary of significant unobservable inputs used in the fair valuation of assets and liabilities categorized within Level 3 of the fair value hierarchy:

Category	Ending Balance at December 31, 2024		Valuation Technique	Unobservable Inputs	Input Range	Weighted Average*
Assets:
Asset-Backed Securities	$	126,437,406	Yield Analysis	Yield	5.6%-8.8%	7.1%
Asset-Backed Securities		99,785,802	Option adjusted spread off prior month end broker quote	Broker Quote	—	—
Asset-Backed Securities		30,539,042	Third Party Pricing	Trade Price	—	—
Asset-Backed Securities		15,459,403	Third Party Pricing	Broker Quote	—	—
Collateralized Mortgage Obligations		5,034,247	Option adjusted spread off prior month end broker quote	Broker Quote	—	—
Common Stocks		2,585,836	Enterprise Value	Valuation Multiple	2.1x-8.8x	5.1x
Common Stocks		238,191	Model Price	Liquidation Value	—	—
Common Stocks		42	Third Party Pricing	Broker Quote	—	—
Corporate Bonds		72,159,732	Yield Analysis	Yield	6.7%-9.4%	7.0%
Corporate Bonds		39,196,128	Option adjusted spread off prior month end broker quote	Broker Quote	—	—
Corporate Bonds		18,009,428	Third Party Pricing	Trade Price	—	—
Corporate Bonds		12,440,000	Third Party Pricing	Broker Quote	—	—
Preferred Stocks		27,496,800	Yield Analysis	Yield	6.6%	—
Senior Floating Rate Interests		134,650,332	Model Price	Purchase Price	—	—
Senior Floating Rate Interests		58,279,928	Third Party Pricing	Broker Quote	—	—
Senior Floating Rate Interests		48,854,993	Yield Analysis	Yield	10.0%-15.1%	10.5%
Senior Floating Rate Interests		1,954,378	Third Party Pricing	Trade Price	—	—
Senior Floating Rate Interests		256,980	Model Price	Liquidation Value	—	—
Warrants		248	Model Price	Liquidation Value	—	—
Total Assets	$	693,378,916
Liabilities:
Unfunded Loan Commitments	$	2,004,152	Model Price	Purchase Price	—	—

Inputs are weighted by the fair value of the instruments.

Significant changes in a quote, yield, liquidation value or valuation multiple would generally result in significant changes in the fair value of the security.

Transfers between Level 2 and Level 3 may occur as markets fluctuate and/or the availability of data used in an investment’s valuation changes. For the period ended December 31, 2024, the Fund had securities with a total value of $25,111,440 transfer into Level 3 from Level 2 due to a lack of observable inputs and had securities with a total value of $55,178,606 transfer out of Level 3 into Level 2 due to the availability of current and reliable market-based data provided by a third-party pricing service which utilizes significant observable inputs.

Summary of Fair Value Level 3 Activity

Following is a reconciliation of Level 3 assets for which significant unobservable inputs were used to determine fair value for the period ended December 31, 2024:

	Assets																								Liabilities
	Asset-Backed Securities			Collateralized Mortgage Obligations			Corporate Bonds			Senior Floating Rate Interests			Warrants			Common Stocks			Preferred Stocks			Total Assets			Unfunded Loan Commitments
Beginning Balance	$	239,516,962		$	5,406,232		$	137,028,103		$	267,381,117		$	286		$	2,971,450		$	27,633,690		$	679,937,840		$	(1,325,732	)
Purchases/(Receipts)		37,699,163			-			18,773,248			25,529,350			-			-			-			82,001,761			(1,849,839	)
(Sales, maturities and paydowns)/ Fundings		(3,686,625	)		(17,859	)		(105,000	)		(24,884,147	)		-			(565	)		-			(28,694,196	)		656,633
Amortization of premiums/discounts		19,442			(30	)		(1,836	)		303,508			-			-			-			321,084			158,798
Total realized gains (losses) included in earnings		-			(29	)		(16,758	)		(623,200	)		-			(18,207	)		-			(658,194	)		93,501
Total change in unrealized appreciation (depreciation) included in earnings		(3,377,260	)		(354,067	)		(1,392,469	)		(4,072,838	)		(38	)		(128,651	)		(136,890	)		(9,462,213	)		262,587
Transfers into Level 3		15,407,121			-			-			9,704,277			-			42			-			25,111,440			-
Transfers out of Level 3		(13,357,150	)		-			(12,480,000	)		(29,341,456	)		-			-			-			(55,178,606	)		-
Ending Balance	$	272,221,653		$	5,034,247		$	141,805,288		$	243,996,611		$	248		$	2,824,069		$	27,496,800		$	693,378,916		$	(2,004,052	)
Net change in unrealized appreciation (depreciation) for investments in Level 3 securities still held at December 31, 2024	$	(3,591,755	)	$	(354,067	)	$	(1,703,540	)	$	(3,208,741	)	$	(38	)	$	(128,862	)	$	(136,890	)	$	(9,123,893	)	$	752,305

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

Step Coupon Bonds

Name	Coupon Rate at Next Reset Date	Next Rate Reset Date	Future Reset Rate	Future Reset Date
BRAVO Residential Funding Trust 2022-R1, 3.13% due 01/29/70	6.13%	01/30/25	—	—
Citigroup Mortgage Loan Trust, Inc. 2022-A, 6.17% due 09/25/62	9.17%	09/25/25	10.17%	09/25/26
GAIA Aviation Ltd. 2019-1, 3.97% due 12/15/44	2.00%	10/15/26	—	—
GAIA Aviation Ltd. 2019-1, 5.19% due 12/15/44	2.00%	10/15/26	—	—
GCAT Trust 2022-NQM5, 5.71% due 08/25/67	6.71%	10/01/26	—	—
GCAT Trust 2023-NQM2, 6.60% due 11/25/67	7.60%	01/01/27	—	—
Mill City Securities Ltd. 2024-RS2, 3.00% due 08/01/69	6.00%	12/01/27	—	—
Mill City Securities Ltd. 2024-RS1, 4.00% due 11/01/69	7.00%	10/01/27	—	—
NYMT Loan Trust 2022-SP1, 5.25% due 07/25/62	8.25%	07/01/25	9.25%	07/01/26
OBX Trust 2022-NQM8, 6.10% due 09/25/62	7.10%	10/01/26	—	—
OBX Trust 2022-NQM9, 6.45% due 09/25/62	7.45%	11/01/26	—	—
OBX Trust 2023-NQM2, 6.80% due 01/25/62	7.80%	02/01/27	—	—
OSAT Trust 2021-RPL1, 5.12% due 05/25/65	6.12%	06/25/25	—	—
PRPM LLC 2024-4, 6.41% due 08/25/29	9.41%	08/25/27	10.41%	08/25/28
Verus Securitization Trust 2022-8, 6.13% due 09/25/67	7.13%	10/01/26	—	—

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

Repurchase Agreements

The Fund may engage in repurchase agreements. Repurchase agreements are fixed income securities in the form of agreements backed by collateral. These agreements typically involve the acquisition by the Fund of securities from the selling institution coupled with the agreement that the selling institution will repurchase the underlying securities at a specified price and at a fixed time in the future. The Fund may accept a wide variety of underlying securities as collateral for the repurchase agreements entered into by the Fund. Any such securities serving as collateral are marked-to-market daily in order to maintain full collateralization.

In connection with transactions in repurchase agreements, it is the Fund’s policy that its custodian take possession of the underlying collateral. The collateral is in the possession of the Fund’s custodian and is evaluated to ensure that its market value exceeds, at a minimum, 102% of the original face amount of the repurchase agreements, subject to minimum amounts to initiate a margin call, with the exception of where securities are being sold short. The interest rate on repurchase agreements is market driven and based on the underlying collateral obtained.

The use of repurchase agreements involves certain risks. For example, if the selling institution defaults on its obligation to repurchase the underlying securities at a time when the value of securities has declined, the Fund may incur a loss upon disposition of them. In the event of an insolvency or bankruptcy by the selling institution, the Fund’s right to control the collateral could be affected and result in certain costs and delays. In addition, the Fund could incur a loss if the value of the underlying collateral falls below the agreed upon repurchase price.

At December 31, 2024, the repurchase agreements in the account were as follows:

Counterparty and Terms of Agreement	Face Value		Repurchase Price		Collateral	Par Value		Fair Value
BNP Paribas					U.S. Treasury Notes
4.45%					0.88% - 1.13%
Due 01/02/25	$	86,315,303	$	86,347,312	Due 09/30/26 - 10/31/26	$	48,196,100	$	45,639,795
					U.S. Treasury Inflation Indexed Bonds
					0.13% - 2.38%
					Due 10/15/28- 07/15/30		45,183,472		42,283,828
					U.S. Treasury Bill
					0.00%
					Due 02/18/25		140,000		139,235
					U.S. Treasury Bonds
					3.75% - 3.88%
					Due 02/15/43- 11/15/43		600		535
							93,520,172		88,063,393

BofA Securities, Inc.					U.S. Treasury Note
4.43%					1.88%
Due 01/02/25		69,052,243		69,077,735	Due 02/28/29		65,841,900		60,074,746
					U.S. Treasury Bond
					4.63%
					Due 05/15/54		10,550,800		10,358,544
							76,392,700		70,433,290

J.P. Morgan Securities LLC					U.S. Treasury Note
4.45%					4.63%
Due 01/02/25		43,157,652		43,173,656	Due 06/15/27		43,577,000		44,031,768

Bank of Montreal					U.S. Treasury Bonds
4.41%					3.00% - 3.63%
Due 01/02/25		34,526,121		34,538,809	Due 02/15/48- 05/15/53		45,599,900		35,225,339

Affiliated Transactions

Investments representing 5% or more of the outstanding voting shares of a company, or control of or by, or common control under Guggenheim Investments ("GI"), result in that company being considered an affiliated person, as defined in the Investment Company Act of 1940 ("affiliated issuer").

The Fund may invest in certain of the underlying series of Guggenheim Strategy Funds Trust, including Guggenheim Strategy Fund II and Guggenheim Strategy Fund III (collectively, the “Guggenheim Strategy Funds”), each of which are open-end management investment companies managed by GI. The Guggenheim Strategy Funds, which launched on March 11, 2014, are offered as short-term investment options only to mutual funds, trusts, and other accounts managed by GI and/or its affiliates, and are not available to the public. The Guggenheim Strategy Funds pay no investment management fees. The Guggenheim Strategy Funds' annual report on Form N-CSR dated September 30, 2024 is available publicly or upon request. This information is available from the EDGAR database on the SEC's website at https://www.sec.gov/Archives/edgar/data/1601445/000139834424022509/fp0090292-6_ncsrixbrl.htm. The Fund also may invest in certain of the underlying series of Guggenheim Funds Trust, which are open-end management investment companies managed by GI, are available to the public and whose most recent annual report on Form N-CSR is available publicly or upon request.

Macro Opportunities Fund
CONSOLIDATED SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

Transactions during the period ended December 31, 2024, in which the company is an affiliated issuer, were as follows:

Security Name	Value 09/30/24		Additions		Reductions			Realized Gain (Loss)			Change in Unrealized Appreciation (Depreciation)			Value 12/31/24		Shares 12/31/24		Investment Income		Capital Gain Distributions
Common Stocks
BP Holdco LLC^*	$	45,503	$	–	$	–		$	–		$	–		$	45,503		37,539	$	–	$	–
Mutual Funds
Guggenheim Limited Duration Fund — Class R6		134,197,181		1,487,267		–			–			(1,092,504	)		134,591,944		5,518,325		1,471,525		–
Guggenheim Strategy Fund II		20,765,053		38,752,807		(4,000,000	)		(22,950	)		155,483			55,650,393		2,239,452		744,584		–
Guggenheim Strategy Fund III		36,046,213		38,434,135		(7,600,000	)		(64,965	)		212,492			67,027,875		2,687,565		923,975		–
Guggenheim Ultra Short Duration Fund — Institutional Class		52,967,485		691,830		–			–			(52,392	)		53,606,923		5,355,337		684,830		–
NAA Opportunity Fund¹		33,415,126		–		–			–			–			–		–		291,398		–
NAA Risk Managed Real Estate Fund¹		38,251,104		–		–			–			–			–		–		414,779		610,464
	$	315,687,665	$	79,366,039	$	(11,600,000	)	$	(87,915	)	$	(776,921	)	$	310,922,638			$	4,531,091	$	610,464

^*	Non-income producing security.
¹	Security is no longer an affiliated entity as a result of New Age Alpha’s acquisition of certain Guggenheim Funds on October 25, 2024.

Municipal Income Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
MUNICIPAL BONDS^†† - 88.2%
California - 14.2%
Newport Mesa Unified School District General Obligation Unlimited
due 08/01/39¹		1,300,000	$	733,479
California Statewide Communities Development Authority Revenue Bonds
5.25% due 08/15/52		500,000		531,723
Compton Unified School District General Obligation Unlimited
due 06/01/40¹		1,000,000		528,545
Alameda Corridor Transportation Authority Revenue Bonds
due 10/01/51²		500,000		282,035
California Enterprise Development Authority Revenue Bonds
5.00% due 06/01/34³		250,000		261,962
El Monte Union High School District General Obligation Unlimited
due 06/01/43¹		500,000		230,068
Westside Elementary School District General Obligation Unlimited
5.00% due 08/01/48		155,000		160,414
M-S-R Energy Authority Revenue Bonds
6.13% due 11/01/29		145,000		153,848
Freddie Mac Multifamily VRD Certificates Revenue Bonds
2.40% due 10/15/29		150,000		139,713
Coast Community College District General Obligation Unlimited
due 08/01/40¹		250,000		131,573
Department of Veterans Affairs Veteran’s Farm & Home Purchase Program Revenue Bonds
3.45% due 12/01/39		110,000		103,166
Total California				3,256,526
Pennsylvania - 7.3%
Pennsylvania Housing Finance Agency Revenue Bonds
4.95% due 10/01/38		1,000,000		1,050,088
School District of Philadelphia General Obligation Limited
5.25% due 09/01/43		575,000		628,970
Total Pennsylvania				1,679,058
Oregon - 6.5%
Clackamas & Washington Counties School District No. 3 General Obligation Unlimited
due 06/15/48¹		2,000,000		631,583
due 06/15/50¹		400,000		113,218
due 06/15/49¹		350,000		104,533
Salem-Keizer School District No. 24J General Obligation Unlimited
due 06/15/40¹		1,250,000		619,004
Total Oregon				1,468,338
Michigan - 5.9%
Michigan Technological University Revenue Bonds
5.25% due 10/01/53		1,000,000		1,079,002
Michigan State Housing Development Authority Revenue Bonds
3.35% due 12/01/34		200,000		186,699
Flint Hospital Building Authority Revenue Bonds
5.00% due 07/01/25		100,000		100,139
Total Michigan				1,365,840
Nebraska - 5.5%
Nebraska Investment Finance Authority Revenue Bonds
4.95% due 09/01/38		1,000,000		1,051,158
Central Plains Energy Project Revenue Bonds
5.00% due 09/01/29		200,000		209,124
Total Nebraska				1,260,282
Virginia - 5.4%
Freddie Mac Multifamily Variable Rate Certificate Revenue Bonds
3.15% due 10/15/36		1,255,000		1,076,569
Loudoun County Economic Development Authority Revenue Bonds
due 07/01/49¹		500,000		160,857
Total Virginia				1,237,426
New York - 4.9%
Westchester County Local Development Corp. Revenue Bonds
5.75% due 11/01/53		750,000		827,217
New York Power Authority Revenue Bonds
5.25% due 11/15/41		250,000		287,384
Total New York				1,114,601
Tennessee - 4.9%
Metropolitan Government Nashville & Davidson County Health & Educational Facilities Board Revenue Bonds
2.25% due 07/01/45		1,500,000		954,291
2.48% due 12/01/37		200,000		155,587
Total Tennessee				1,109,878
Maine - 4.7%
Maine Health & Higher Educational Facilities Authority Revenue Bonds
5.25% due 07/01/48		1,000,000		1,075,134

Municipal Income Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
MUNICIPAL BONDS^†† - 88.2% (continued)
Arizona - 3.3%
Arizona Industrial Development Authority Revenue Bonds
5.25% due 11/01/48		500,000	$	538,841
Salt Verde Financial Corp. Revenue Bonds
5.00% due 12/01/32		200,000		212,651
Total Arizona				751,492
Colorado - 2.8%
City & County of Denver Colorado Airport System Revenue Bonds
5.00% due 12/01/28		200,000		210,233
Canyons Metropolitan District No. 5 General Obligation Limited
4.13% due 12/01/54		200,000		188,456
City & County of Denver Colorado Pledged Excise Tax Revenue Bonds
due 08/01/30¹		200,000		161,823
Colorado School of Mines Revenue Bonds
5.00% due 12/01/47		100,000		101,891
Total Colorado				662,403
North Carolina - 2.8%
Inlivian Revenue Bonds
2.02% due 04/01/42		1,000,000		647,290
Texas - 2.7%
Harris County-Houston Sports Authority Revenue Bonds
due 11/15/53¹		1,000,000		235,354
Arlington Higher Education Finance Corp. Revenue Bonds
5.00% due 12/01/46		200,000		200,486
Hutto Independent School District General Obligation Unlimited
5.00% due 08/01/49		100,000		102,588
Texas Municipal Gas Acquisition and Supply Corporation I Revenue Bonds
6.25% due 12/15/26		65,000		67,142
Total Texas				605,570
Oklahoma - 2.5%
Oklahoma Development Finance Authority Revenue Bonds
5.00% due 08/15/28		350,000		361,772
Oklahoma City Airport Trust Revenue Bonds
5.00% due 07/01/30		200,000		208,196
Total Oklahoma				569,968
Georgia - 2.3%
Columbia County Hospital Authority Revenue Bonds
5.00% due 04/01/48		500,000		529,265
Washington - 1.8%
Central Puget Sound Regional Transit Authority Revenue Bonds
5.00% due 11/01/41		200,000		204,092
Washington State Convention Center Public Facilities District Revenue Bonds
4.00% due 07/01/48		210,000		194,099
Total Washington				398,191
Arkansas - 1.5%
County of Baxter Arkansas Revenue Bonds
5.00% due 09/01/26		330,000		331,700
West Virginia - 1.3%
West Virginia Hospital Finance Authority Revenue Bonds
5.00% due 06/01/42		300,000		305,469
New Mexico - 1.1%
New Mexico Mortgage Finance Authority Revenue Bonds
4.95% due 09/01/38		245,000		257,534
City of Albuquerque New Mexico Gross Receipts Tax Revenue Bonds
5.00% due 07/01/25		10,000		9,956
Total New Mexico				267,490
Alaska - 1.1%
University of Alaska Revenue Bonds
5.00% due 10/01/40		260,000		262,751
South Carolina - 0.9%
Charleston County Airport District Revenue Bonds
5.00% due 07/01/43		200,000		208,632
Ohio - 0.9%
American Municipal Power, Inc. Revenue Bonds
5.00% due 02/15/41		200,000		202,226
Vermont - 0.9%
Vermont Educational & Health Buildings Financing Agency Revenue Bonds
5.00% due 12/01/46		200,000		201,324
Connecticut - 0.8%
New Haven Housing Authority Revenue Bonds
2.26% due 05/01/38		239,951		176,134
Massachusetts - 0.7%
Massachusetts Development Finance Agency Revenue Bonds
5.00% due 10/01/34		150,000		159,485
Wisconsin - 0.6%
Public Finance Authority Revenue Bonds
4.50% due 07/15/49³		150,000		141,731

Municipal Income Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount		Value
MUNICIPAL BONDS^†† - 88.2% (continued)
Kansas - 0.5%
University of Kansas Hospital Authority Revenue Bonds
5.00% due 09/01/48		100,000	$	102,502
Iowa - 0.4%
PEFA, Inc. Revenue Bonds
5.00% (VRDN) due 09/01/26⁴		100,000		101,567
Missouri - 0.0%
Industrial Development Authority of the City of State Louis Missouri Revenue Bonds
2.22% due 12/01/38		9,797		7,220
Louisiana - 0.0%
Louisiana Public Facilities Authority Revenue Bonds
5.00% due 05/15/26		5,000		5,070
Maryland - 0.0%
Maryland Health & Higher Educational Facilities Authority Revenue Bonds
5.00% due 07/01/27		5,000		5,054
Total Municipal Bonds
(Cost $22,169,329)				20,209,617
Total Investments - 88.2%
(Cost $22,169,329)			$	20,209,617
Other Assets & Liabilities, net - 11.8%				2,716,028
Total Net Assets - 100.0%			$	22,925,645

Centrally Cleared Interest Rate Swap Agreements^††

Counterparty	Exchange	Floating Rate Type	Floating Rate Index	Fixed Rate			Payment Frequency	Maturity Date	Notional Amount		Value			Upfront Premiums Paid (Received)			Unrealized Appreciation (Depreciation)^**
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		1.67	%	Quarterly	09/27/51	$	2,550,000	$	1,076,860		$	(718	)	$	1,077,578
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.68	%	Annually	10/20/28		2,600,000		56,420			237			56,183
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		3.26	%	Annually	05/24/53		400,000		47,304			105			47,199
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.98	%	Annually	10/11/25		2,700,000		15,253			37			15,216
BofA Securities, Inc.	CME	Receive	U.S. Secured Overnight Financing Rate		4.11	%	Annually	11/20/33		770,000		(2,637	)		(5,777	)		3,140
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.08	%	Annually	12/23/29		970,000		1,555			302			1,253
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.02	%	Annually	01/03/32		850,000		–			305			(305	)
BofA Securities, Inc.	CME	Pay	U.S. Secured Overnight Financing Rate		4.04	%	Annually	01/02/30		600,000		(424	)		303			(727	)
											$	1,194,331		$	(5,206	)	$	1,199,537

^**	Includes cumulative appreciation (depreciation).
^††	Value determined based on Level 2 inputs. — See Note 3.
¹	Zero coupon rate security.
²	Security is a step up/down bond. The coupon increases or decreases at regular intervals until the bond reaches full maturity. Rate indicated is the rate at December 31, 2024. See table below for additional step information for each security.
³	Security is a 144A or Section 4(a)(2) security. These securities have been determined to be illiquid and restricted under guidelines established by the Board of Trustees. The total market value of 144A or Section 4(a)(2) illiquid and restricted securities is $403,693 (cost $413,597), or 1.8% of total net assets — See Note 6.
⁴	The rate is adjusted periodically by the counterparty, allows the holder to tender the security upon a rate reset, and is not based upon a set reference rate and spread. Rate indicated is the rate effective at December 31, 2024.

BofA — Bank of America

CME — Chicago Mercantile Exchange

VRDN — Variable Rate Demand Note

See Sector Classification in Other Information section.

Municipal Income Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

The following table summarizes the inputs used to value the Fund’s investments at December 31, 2024 (See Note 3 in the Notes to Schedule of Investments):

Investments in Securities (Assets)	Level 1 Quoted Prices		Level 2 Significant Observable Inputs		Level 3 Significant Unobservable Inputs		Total
Municipal Bonds	$	—	$	20,209,617	$	—	$	20,209,617
Interest Rate Swap Agreements**		—		1,200,569		—		1,200,569
Total Assets	$	—	$	21,410,186	$	—	$	21,410,186

Investments in Securities (Liabilities)		Level 1 Quoted Prices				Level 2 Significant Observable Inputs				Level 3 Significant Unobservable Inputs				Total
Interest Rate Swap Agreements**		$	—			$	1,032			$	—			$	1,032

^**	This derivative is reported as unrealized appreciation/depreciation at period end.

Step Coupon Bonds

Name

Coupon Rate at
Next Reset Date

Next Rate Reset
Date

Future Reset Rate(s)

Future Reset Date(s)

Alameda Corridor Transportation Authority Revenue Bonds, due 10/01/51

5.20

10/01/37

—

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Shares		Value
COMMON STOCKS^† - 0.0%
Communications - 0.0%
Xplore, Inc.^*,††		80,273	$	401,365
Vacasa, Inc. — Class A^*		18,219		89,273
Total Communications				490,638
Industrial - 0.0%
YAK BLOCKER 2 LLC^*,†††		44,094		71,355
YAK BLOCKER 2 LLC^*,†††		40,754		65,952
API Heat Transfer Intermediate^*,†††		31		41,911
BP Holdco LLC^{*,†††,1}		532		645
Vector Phoenix Holdings, LP^*,†††		532		11
Total Industrial				179,874
Financial - 0.0%
Pershing Square Tontine Holdings, Ltd. — Class A^{*,†††,2}		9,315,080		932
Total Common Stocks
(Cost $4,149,979)				671,444

PREFERRED STOCKS^† - 2.7%
Financial - 2.3%
Wells Fargo & Co.^††
3.90%		66,688,000		64,795,413
6.85%		12,840,000		13,252,812
7.63%		4,100,000		4,350,607
Markel Group, Inc.^††
6.00%		72,131,000		71,995,978
Equitable Holdings, Inc.^††
4.95%		68,525,000		68,128,781
Charles Schwab Corp.^††
4.00%		73,673,000		63,601,978
Bank of New York Mellon Corp.^††
3.75%		65,200,000		61,618,884
Citigroup, Inc.^††
3.88%		31,175,000		30,268,436
4.00%		26,571,000		25,870,150
Goldman Sachs Group, Inc.^††
7.50%		25,300,000		26,393,327
3.80%		25,830,000		24,940,539
3.65%		2,450,000		2,340,737
MetLife, Inc.^††
3.85%		53,467,000		52,492,303
JPMorgan Chase & Co.^††
3.65%		37,412,000		36,292,811
Bank of America Corp.^††
4.38%		27,700,000		26,670,727
Kuvare US Holdings, Inc.^††
7.00% due 02/17/51³		15,731,000		15,750,664
CNO Financial Group, Inc.
5.13% due 11/25/60		710,775		13,590,018
Jackson Financial, Inc.
8.00%		472,000		12,347,520
Selective Insurance Group, Inc.
4.60%		541,225		9,374,017
Depository Trust & Clearing Corp.^††
3.38%³		4,750,000		4,487,537
State Street Corp.^††
6.70%		2,645,000		2,697,255
Corebridge Financial, Inc.
6.38% due 12/15/64		44,520		1,134,815
First Republic Bank^††
4.25%^*		2,368,525		1,421
4.50%^*		276,775		111
Total Financial				632,396,841
Communications - 0.2%
AT&T Mobility II LLC
6.80%^*,†††		47,000		47,864,800
Energy - 0.1%
Venture Global LNG, Inc.^††
9.00%³		21,555,000		22,536,701
Government - 0.1%
CoBank ACB^††
7.13%		16,500,000		16,774,164
4.25%		3,300,000		3,141,350
Total Preferred Stocks
(Cost $812,457,905)				722,713,856

WARRANTS^† - 0.0%
Ginkgo Bioworks Holdings, Inc.
Expiring 09/16/26^*		101,490		913
Pershing Square SPARC Holdings, Ltd.^{*,†††,2}		2,846,274		285
Pershing Square Tontine Holdings, Ltd.
Expiring 07/24/25^{*,†††,2}		1,035,008		104
Total Warrants
(Cost $233,835)				1,302

MUTUAL FUNDS^† - 0.9%
Guggenheim Limited Duration Fund — Class R6¹		5,408,430		131,911,607
Guggenheim Strategy Fund III¹		2,159,418		53,855,889
Guggenheim Ultra Short Duration Fund — Institutional Class¹		3,059,554		30,626,134
Guggenheim Strategy Fund II¹		1,126,406		27,991,181
Total Mutual Funds
(Cost $240,357,041)				244,384,811

MONEY MARKET FUNDS^,† - 0.4%*
Dreyfus Treasury Securities Cash Management Fund — Institutional Shares, 4.33%⁴		95,003,052		95,003,052
Dreyfus Treasury Obligations Cash Management Fund — Institutional Shares, 4.34%⁴		17,700,352		17,700,352
Federated Hermes U.S. Treasury Cash Reserves Fund — Institutional Shares, 4.30%⁴		3,122,580		3,122,580
Total Money Market Funds
(Cost $115,825,984)				115,825,984

Total Return Bond Fund
SCHEDULE OF INVESTMENTS (Unaudited)	December 31, 2024

	Face Amount^~		Value
COLLATERALIZED MORTGAGE OBLIGATIONS^†† - 35.4%
Government Agency - 23.0%
Uniform MBS 30 Year
due 03/01/25⁵		907,594,618	$	875,199,843
due 03/01/25⁵		675,305,000		634,655,016
due 02/01/25⁵		650,482,382		627,569,791
due 03/25/25⁵		486,030,000		412,245,300
due 02/01/25⁵		269,860,000		266,214,191
due 03/01/25⁵		199,940,000		162,732,765
due 02/01/25⁵		192,250,000		149,417,277
Fannie Mae
5.00% due 05/01/53		213,599,609		206,709,550
6.00% due 09/01/54		187,508,825		189,719,324
3.00% due 05/01/52		213,331,979		181,644,937
5.50% due 05/01/53		171,717,660		169,790,983
5.50% due 09/01/54		162,045,670		160,645,516
5.50% due 06/01/54		150,686,480		148,751,847
5.50% due 06/01/53		147,281,952		145,601,316
5.00% due 04/01/53		109,922,500		106,402,140
5.00% due 08/01/53		76,766,371		74,274,199
5.00% due 06/01/53		26,484,887		25,610,959
due 12/25/43⁶		8,965,357		6,535,426
3.05% due 03/01/50		5,732,146		4,369,192
2.51% due 10/01/46		5,330,125		4,122,008
2.49% due 12/01/39		4,044,491

Guggenheim Macro Opportunities Fund (GIOAX) NPORT-PGuggenheim Floating Rate Strategies Fund (Dec 2024 report)