Principal Funds NPORT-P/A Diversified Income Fund (Jul 2024 report)

Schedule

of

Investments

California

Municipal

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

1

INVESTMENT

COMPANIES

-

0.01%

Shares

Held

Value

(000's)

Exchange-Traded

Funds

-

0.01%

Invesco

California

AMT-Free

Municipal

Bond

ETF

500‌

$

13‌

iShares

California

Muni

Bond

ETF

702‌

40‌

$

53‌

TOTAL

INVESTMENT

COMPANIES

$

53‌

MUNICIPAL

BONDS

-

105.48%

Principal

Amount

(000's)

Value

(000's)

California

-

99.36%

Alameda

Community

Improvement

Commission

Successor

Agency

(credit

support

from

Build

America

Mutual

Assurance

Corp

)

5.00%,

09/01/2031

(a)

$

1,000‌

$

1,004‌

Alameda

Corridor

Transportation

Authority

0.00%,

10/01/2047

(b)

1,750‌

1,027‌

5.00%,

10/01/2035

5,270‌

5,390‌

Alameda

Corridor

Transportation

Authority

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

5.00%,

10/01/2043

(a)

1,000‌

1,119‌

Alameda

Unified

School

District-Alameda

County/

CA

5.00%,

08/01/2032

1,795‌

1,837‌

Bay

Area

Toll

Authority

3.90%,

04/01/2055

(c)

600‌

600‌

5.00%,

04/01/2044

1,000‌

1,107‌

5.00%,

04/01/2045

1,000‌

1,103‌

Beverly

Hills

Unified

School

District

CA

3.00%,

08/01/2044

2,230‌

1,883‌

Burbank-Glendale-Pasadena

Airport

Authority

Brick

Campaign

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

4.00%,

07/01/2054

(a)

1,440‌

1,421‌

California

Community

Choice

Financing

Authority

4.00%,

02/01/2052

(c)

2,275‌

2,298‌

4.00%,

10/01/2052

(c)

6,115‌

6,176‌

4.00%,

05/01/2053

(c)

3,150‌

3,177‌

5.00%,

02/01/2054

(c)

5,000‌

5,359‌

California

County

Tobacco

Securitization

Agency

4.00%,

06/01/2049

1,485‌

1,389‌

California

Educational

Facilities

Authority

5.00%,

10/01/2036

1,000‌

1,023‌

5.00%,

10/01/2045

1,000‌

1,016‌

5.00%,

06/01/2046

4,000‌

4,867‌

5.00%,

05/01/2049

9,460‌

11,440‌

California

Health

Facilities

Financing

Authority

5.00%,

08/15/2031

2,700‌

2,803‌

5.00%,

08/15/2034

2,000‌

2,073‌

5.00%,

02/01/2035

2,000‌

2,016‌

5.00%,

06/01/2041

(c)

10,000‌

10,958‌

5.00%,

11/15/2048

2,785‌

2,884‌

5.00%,

12/01/2054

2,000‌

2,138‌

5.25%,

12/01/2043

2,155‌

2,372‌

California

Housing

Finance

Agency

3.50%,

11/20/2035

9,400‌

9,017‌

4.25%,

01/15/2035

8,298‌

8,574‌

California

Housing

Finance

Agency

(credit

support

from

Federal

Home

Loan

Mortgage

Corporation

Collateral

)

3.75%,

03/25/2035

(a)

4,515‌

4,534‌

California

Infrastructure

&

Economic

Development

Bank

3.95%,

01/01/2050

(c),(d)

3,500‌

3,500‌

5.00%,

08/01/2036

2,250‌

2,459‌

5.00%,

08/01/2037

1,000‌

1,092‌

5.00%,

08/01/2038

1,175‌

1,279‌

5.00%,

08/01/2039

1,130‌

1,226‌

8.00%,

01/01/2050

(c),(d)

9,000‌

9,439‌

8.00%,

01/01/2050

(c),(d)

13,000‌

13,179‌

MUNICIPAL

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

California

(continued)

California

Municipal

Finance

Authority

2.40%,

10/01/2044

(c)

$

4,000‌

$

3,828‌

4.00%,

07/15/2029

12,360‌

12,355‌

4.00%,

10/01/2039

2,150‌

2,152‌

4.00%,

10/01/2046

1,930‌

1,785‌

4.38%,

09/01/2053

(c)

1,700‌

1,780‌

5.00%,

05/15/2033

1,000‌

1,057‌

5.00%,

05/15/2034

1,000‌

1,055‌

5.00%,

12/31/2034

7,550‌

7,810‌

5.00%,

12/31/2036

8,000‌

8,252‌

5.00%,

05/15/2038

2,000‌

2,097‌

5.00%,

10/01/2044

1,000‌

1,017‌

5.25%,

11/01/2036

2,100‌

2,115‌

California

Municipal

Finance

Authority

(credit

support

from

Build

America

Mutual

Assurance

Corp

)

4.00%,

05/15/2046

(a)

2,000‌

1,957‌

5.00%,

05/15/2031

(a)

400‌

436‌

5.00%,

05/15/2043

(a)

600‌

628‌

5.00%,

05/15/2044

(a)

5,000‌

5,225‌

California

Municipal

Finance

Authority

(credit

support

from

Build

America

Mutual

Assurance

Corp

-

Transfer

Custodial

Receipt

)

5.00%,

05/15/2031

(a)

10,000‌

10,656‌

California

Municipal

Finance

Authority

(credit

support

from

Fannie

Mae

Collateral

)

4.45%,

12/01/2042

(a)

4,730‌

4,785‌

California

Pollution

Control

Financing

Authority

3.00%,

11/01/2025

11,380‌

11,242‌

3.20%,

03/01/2042

(c)

1,800‌

1,800‌

3.38%,

07/01/2025

2,000‌

1,989‌

4.25%,

12/01/2027

(c)

1,200‌

1,202‌

4.30%,

07/01/2040

3,600‌

3,600‌

5.00%,

07/01/2029

(d)

1,000‌

1,057‌

5.00%,

07/01/2029

(d)

1,000‌

1,085‌

5.00%,

07/01/2030

(d)

2,000‌

2,014‌

5.00%,

07/01/2030

(d)

565‌

620‌

5.00%,

07/01/2031

(d)

1,000‌

1,109‌

5.00%,

07/01/2037

(d)

11,000‌

11,037‌

5.00%,

07/01/2039

(d)

8,500‌

8,911‌

5.00%,

11/21/2045

(d)

2,250‌

2,326‌

California

Public

Finance

Authority

3.85%,

07/15/2062

(c)

4,800‌

4,800‌

California

School

Finance

Authority

5.00%,

07/01/2035

(d)

1,925‌

1,942‌

5.00%,

08/01/2038

(d)

1,000‌

1,028‌

California

State

Public

Works

Board

5.00%,

10/01/2039

4,500‌

4,512‌

California

State

University

5.00%,

11/01/2037

2,000‌

2,099‌

California

Statewide

Communities

Development

Authority

3.00%,

06/01/2029

(d)

650‌

619‌

4.00%,

09/02/2029

1,000‌

1,008‌

4.00%,

07/01/2048

1,800‌

1,746‌

5.00%,

10/01/2028

1,875‌

1,898‌

5.00%,

11/01/2032

(d)

1,135‌

1,169‌

5.00%,

05/15/2034

5,210‌

5,321‌

5.00%,

06/01/2034

(d)

375‌

391‌

5.00%,

09/02/2034

1,000‌

1,056‌

5.00%,

12/01/2036

(d)

5,000‌

5,094‌

5.00%,

09/02/2038

3,000‌

3,128‌

5.00%,

06/01/2039

(d)

475‌

485‌

5.00%,

09/02/2039

945‌

991‌

5.00%,

09/02/2039

900‌

951‌

5.00%,

09/02/2039

745‌

775‌

5.00%,

05/15/2040

3,840‌

3,900‌

5.00%,

09/02/2040

1,000‌

1,043‌

Schedule

of

Investments

California

Municipal

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

2

MUNICIPAL

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

California

(continued)

California

Statewide

Communities

Development

Authority  

(continued)

5.00%,

12/01/2041

(d)

$

4,040‌

$

4,094‌

5.00%,

09/02/2044

1,425‌

1,464‌

5.00%,

09/02/2048

940‌

968‌

5.00%,

09/02/2049

600‌

616‌

5.00%,

06/01/2051

(d)

1,950‌

1,955‌

5.25%,

12/01/2034

3,500‌

3,516‌

5.25%,

12/01/2038

(d)

1,000‌

1,047‌

5.25%,

12/01/2043

(d)

3,825‌

3,968‌

California

Statewide

Communities

Development

Authority

(credit

support

from

Build

America

Mutual

Assurance

Corp

)

4.00%,

05/15/2036

(a)

3,000‌

3,059‌

California

Statewide

Financing

Authority

6.00%,

05/01/2043

2,050‌

2,097‌

6.00%,

05/01/2043

1,550‌

1,586‌

Chino

Valley

Unified

School

District

5.00%,

08/01/2055

(e)

6,570‌

6,994‌

5.25%,

08/01/2047

2,000‌

2,096‌

City

of

Compton

CA

Water

Revenue

6.00%,

08/01/2039

1,250‌

1,276‌

City

of

Irvine

CA

4.00%,

09/02/2038

1,000‌

1,011‌

5.00%,

09/01/2049

2,000‌

2,003‌

City

of

Long

Beach

CA

Airport

System

Revenue

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

5.25%,

06/01/2047

(a)

3,600‌

3,870‌

City

of

Los

Angeles

CA

Wastewater

System

Revenue

5.00%,

06/01/2034

2,000‌

2,027‌

City

of

Los

Angeles

Department

of

Airports

3.25%,

05/15/2049

720‌

580‌

5.00%,

05/15/2026

1,000‌

1,013‌

5.00%,

05/15/2026

415‌

428‌

5.00%,

05/15/2028

(e)

2,760‌

2,907‌

5.00%,

05/15/2029

1,875‌

1,997‌

5.00%,

05/15/2036

1,500‌

1,513‌

5.00%,

05/15/2036

5,000‌

5,264‌

5.00%,

05/15/2037

(e)

4,225‌

4,574‌

5.00%,

05/15/2042

(e)

3,500‌

3,574‌

5.00%,

05/15/2044

(e)

3,100‌

3,166‌

5.00%,

05/15/2044

(e)

4,090‌

4,236‌

5.50%,

05/15/2040

(e)

5,000‌

5,582‌

City

of

Riverside

CA

Sewer

Revenue

5.00%,

08/01/2040

4,000‌

4,064‌

Coachella

Valley

Unified

School

District/CA

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

0.00%,

08/01/2039

(a),(b)

4,000‌

2,225‌

Compton

Public

Finance

Authority

4.50%,

09/01/2032

(d)

8,000‌

8,001‌

County

of

Sacramento

CA

Airport

System

Revenue

5.00%,

07/01/2036

1,350‌

1,387‌

5.00%,

07/01/2037

2,000‌

2,079‌

Dinuba

Redevelopment

Agency

Successor

Agency

(credit

support

from

Build

America

Mutual

Assurance

Corp

)

5.00%,

09/01/2033

(a)

2,000‌

2,005‌

East

Bay

Municipal

Utility

District

Water

System

Revenue

3.00%,

06/01/2037

10‌

9‌

Escondido

Union

High

School

District

0.00%,

08/01/2041

(b)

1,000‌

487‌

Foothill-Eastern

Transportation

Corridor

Agency

4.00%,

01/15/2046

6,000‌

5,855‌

MUNICIPAL

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

California

(continued)

Golden

State

Tobacco

Securitization

Corp

5.00%,

06/01/2026

$

1,000‌

$

1,040‌

5.00%,

06/01/2028

5,000‌

5,312‌

5.00%,

06/01/2051

5,035‌

5,237‌

Indio

Redevelopment

Agency

Successor

Agency

5.63%,

08/15/2035

295‌

296‌

Inland

Valley

Development

Agency

5.25%,

09/01/2037

1,000‌

1,002‌

Irvine

Ranch

Water

District

Water

Service

Corp

3.15%,

10/01/2037

(c)

300‌

300‌

3.15%,

10/01/2041

(c)

700‌

700‌

La

Verne

Public

Financing

Authority

7.25%,

09/01/2026

290‌

291‌

Long

Beach

Bond

Finance

Authority

5.00%,

11/15/2035

3,485‌

3,799‌

5.50%,

11/15/2030

1,010‌

1,098‌

Los

Angeles

County

Metropolitan

Transportation

Authority

Sales

Tax

Revenue

5.00%,

07/01/2038

1,695‌

1,918‌

5.00%,

07/01/2038

960‌

1,122‌

Los

Angeles

County

Public

Works

Financing

Authority

5.00%,

12/01/2033

2,000‌

2,050‌

Los

Angeles

County

Sanitation

Districts

Financing

Authority

5.00%,

10/01/2035

4,500‌

4,605‌

Los

Angeles

Department

of

Water

&

Power

3.80%,

07/01/2047

(c)

7,000‌

7,000‌

3.88%,

07/01/2050

(c)

7,000‌

7,000‌

5.00%,

07/01/2042

(e)

5,500‌

6,130‌

Los

Angeles

Unified

School

District/CA

5.00%,

07/01/2033

5,000‌

5,859‌

5.25%,

07/01/2042

8,350‌

8,865‌

Merced

Union

High

School

District

0.00%,

08/01/2032

(b)

3,380‌

2,587‌

Metropolitan

Water

District

of

Southern

California

5.00%,

07/01/2039

1,000‌

1,113‌

5.00%,

07/01/2040

5,000‌

5,540‌

5.00%,

04/01/2054

1,000‌

1,119‌

Mizuho

Floater/Residual

Trust

2.75%,

01/01/2040

(c),(d)

400‌

400‌

M-S-R

Energy

Authority

6.13%,

11/01/2029

1,975‌

2,090‌

Norco

Community

Redevelopment

Agency

Successor

Agency

(credit

support

from

Build

America

Mutual

Assurance

Corp

)

5.00%,

03/01/2032

(a)

1,000‌

1,002‌

Norman

Y

Mineta

San

Jose

International

Airport

SJC

5.00%,

03/01/2047

6,000‌

6,081‌

5.00%,

03/01/2047

1,500‌

1,545‌

Oakland

Unified

School

District/Alameda

County

5.00%,

08/01/2040

3,400‌

3,476‌

Pittsburg

Successor

Agency

Redevelopment

Agency

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

5.00%,

09/01/2028

(a)

1,000‌

1,036‌

5.00%,

09/01/2029

(a)

1,000‌

1,036‌

Port

Commission

of

the

City

&

County

of

San

Francisco

4.00%,

03/01/2035

1,000‌

1,000‌

Port

of

Los

Angeles

5.00%,

08/01/2025

1,210‌

1,231‌

5.00%,

08/01/2032

1,740‌

1,742‌

Poway

Unified

School

District

0.00%,

08/01/2036

(b)

4,000‌

2,612‌

Schedule

of

Investments

California

Municipal

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

3

MUNICIPAL

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

California

(continued)

Regents

of

the

University

of

California

Medical

Center

Pooled

Revenue

5.00%,

05/15/2035

$

4,540‌

$

4,700‌

Rialto

Redevelopment

Agency

5.00%,

09/01/2037

1,000‌

1,061‌

Richmond

Joint

Powers

Financing

Authority

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

5.00%,

11/01/2035

(a)

1,180‌

1,287‌

5.00%,

11/01/2037

(a)

3,660‌

3,972‌

Riverside

County

Public

Financing

Authority

(credit

support

from

Build

America

Mutual

Assurance

Corp

)

5.00%,

10/01/2029

(a)

1,500‌

1,532‌

Riverside

County

Transportation

Commission

4.00%,

06/01/2037

1,875‌

1,908‌

4.00%,

06/01/2046

2,980‌

2,903‌

Sacramento

Area

Flood

Control

Agency

5.00%,

10/01/2033

2,000‌

2,075‌

Sacramento

Municipal

Utility

District

5.00%,

11/15/2045

1,000‌

1,135‌

Salinas

Valley

Solid

Waste

Authority

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

5.50%,

08/01/2031

(a)

3,250‌

3,250‌

San

Diego

Association

of

Governments

South

Bay

Expressway

Revenue

5.00%,

07/01/2036

1,500‌

1,579‌

5.00%,

07/01/2037

2,300‌

2,420‌

San

Diego

County

Regional

Airport

Authority

4.00%,

07/01/2038

10,815‌

11,096‌

5.00%,

07/01/2025

955‌

968‌

5.00%,

07/01/2039

2,000‌

2,172‌

5.00%,

07/01/2042

5,000‌

5,104‌

San

Diego

Housing

Authority

Inc

(credit

support

from

Federal

Home

Loan

Mortgage

Corporation

Collateral

HUD

Section

8

)

4.20%,

06/01/2040

(a)

3,215‌

3,235‌

San

Francisco

Bay

Area

Rapid

Transit

District

Sales

Tax

Revenue

4.00%,

07/01/2039

2,075‌

2,088‌

San

Francisco

City

&

County

Airport

Comm-San

Francisco

International

Airport

5.00%,

05/01/2031

1,000‌

1,034‌

5.00%,

05/01/2035

1,000‌

1,055‌

5.00%,

05/01/2036

3,000‌

3,151‌

5.50%,

05/01/2043

4,000‌

4,463‌

San

Joaquin

Hills

Transportation

Corridor

Agency

5.00%,

01/15/2034

7,800‌

7,880‌

San

Luis

Obispo

County

Financing

Authority

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

5.00%,

08/01/2030

(a)

1,000‌

1,002‌

San

Luis

Obispo

County

Financing

Authority

(credit

support

from

Build

America

Mutual

Assurance

Corp

)

5.00%,

09/01/2037

(a)

1,000‌

1,019‌

San

Ramon

Valley

Fire

Protection

District

4.00%,

08/01/2050

680‌

684‌

Santa

Monica-Malibu

Unified

School

District

4.00%,

08/01/2041

2,340‌

2,395‌

Southern

California

Public

Power

Authority

5.00%,

11/01/2028

2,150‌

2,227‌

5.00%,

11/01/2029

2,725‌

2,831‌

5.00%,

07/01/2049

1,000‌

1,123‌

5.25%,

07/01/2049

1,000‌

1,148‌

State

of

California

5.00%,

09/01/2028

5,030‌

5,455‌

5.00%,

09/01/2034

5,000‌

5,181‌

MUNICIPAL

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

California

(continued)

State

of

California

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

5.25%,

08/01/2032

(a)

$

5,000‌

$

5,760‌

Tender

Option

Bond

Trust

Receipts/Certificates

3.90%,

02/01/2046

(c),(d)

200‌

200‌

Tobacco

Securitization

Authority

of

Southern

California

5.00%,

06/01/2035

1,500‌

1,609‌

5.00%,

06/01/2048

5,000‌

5,146‌

Transbay

Joint

Powers

Authority

5.00%,

10/01/2037

700‌

733‌

Travis

Unified

School

District

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

5.00%,

09/01/2029

(a)

1,000‌

1,026‌

University

of

California

4.00%,

05/15/2037

3,365‌

3,539‌

Woodland-Davis

Clean

Water

Agency

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

5.00%,

03/01/2039

(a)

1,500‌

1,542‌

$

608,232‌

Guam

-

1.49%

Guam

Government

Waterworks

Authority

5.00%,

07/01/2040

7,890‌

8,126‌

Port

Authority

of

Guam

5.00%,

07/01/2048

1,000‌

1,014‌

$

9,140‌

Puerto

Rico

-

3.57%

Commonwealth

of

Puerto

Rico

0.00%,

07/01/2033

(b)

526‌

355‌

0.00%,

11/01/2043

(b),(c)

1,806‌

1,106‌

4.00%,

07/01/2033

5,500‌

5,516‌

4.00%,

07/01/2037

316‌

307‌

4.00%,

07/01/2041

429‌

402‌

4.00%,

07/01/2046

446‌

408‌

5.38%,

07/01/2025

227‌

229‌

5.63%,

07/01/2027

451‌

471‌

5.63%,

07/01/2029

444‌

477‌

5.75%,

07/01/2031

431‌

477‌

Puerto

Rico

Industrial

Tourist

Educational

Medical

&

Envir

onmental

Control

Facilities

Financing

Authority

6.50%,

01/01/2042

3,250‌

3,819‌

6.75%,

01/01/2045

4,585‌

5,423‌

Puerto

Rico

Sales

Tax

Financing

Corp

Sales

Tax

Revenue

4.50%,

07/01/2034

2,888‌

2,892‌

$

21,882‌

Virgin

Islands

-

1.06%

Matching

Fund

Special

Purpose

Securitization

Corp

5.00%,

10/01/2039

6,250‌

6,497‌

TOTAL

MUNICIPAL

BONDS

$

645,751‌

Total

Investments

$

645,804‌

Liability

for

Floating

Rate

Notes

Issued

in

Conjunction

with

Securities

Held

-

(3.87)%

Notes

with

interest

rates

of

3.62%

-

3.66%

at

July

31,

2024

and

contractual

maturities

of

collateral

of

2027-2030.

(f)

$

(23,715‌)

(23,715‌)

Total

Net

Investments

$

622,089‌

Other

Assets

and

Liabilities

-  (1.62)%

(9,908‌)

TOTAL

NET

ASSETS

-

100.00%

$

612,181‌

Schedule

of

Investments

California

Municipal

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

4

(a)

Credit

support

indicates

investments

that

benefit

from

credit

enhancement

or

liquidity

support

provided

by

a

third

party

bank,

institution,

or

government

agency.

(b)

Non-income

producing

security

(c)

Certain

variable

rate

securities

are

not

based

on

a

published

reference

rate

and

spread

but

are

determined

by

the

issuer

or

agent

and

are

based

on

current

market

conditions.  These

securities

do

not

indicate

a

reference

rate

and

spread

in

their

description.

Rate

shown

is

the

rate

in

effect

as

of

period

end.

(d)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$84,670

or

13.83%

of

net

assets.

(e)

Security

or

portion

of

underlying

security

related

to

Inverse

Floaters

entered

into

by

the

fund.

(f)

Floating

rate

securities.

The

interest

rate(s)

shown

reflect

the

rates

in

effect

at

July

31,

2024.

Schedule

of

Investments

Core

Fixed

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

5

INVESTMENT

COMPANIES

-

1

.31

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

1

.31

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

4,242,036‌

$

4,242‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b),(c)

138,396,801‌

138,397‌

$

142,639‌

TOTAL

INVESTMENT

COMPANIES

$

142,639‌

COMMON

STOCKS

-

0

.19

%

Shares

Held

Value

(000's)

Transportation

-

0

.19

%

Trailer

Bridge

Inc

(d),(e)

178,279‌

$

21,011‌

TOTAL

COMMON

STOCKS

$

21,011‌

BONDS

-

52

.77

%

Principal

Amount

(000's)

Value

(000's)

Airlines

-

0

.91

%

Alaska

Airlines

2020-1

Class

A

Pass

Through

Trust

4.80%,

02/15/2029

(f)

$

21,769‌

$

21,488‌

Delta

Air

Lines

Inc

/

SkyMiles

IP

Ltd

4.75%,

10/20/2028

(f)

24,492‌

24,246‌

United

Airlines

2013-1

Class

A

Pass

Through

Trust

4.30%,

02/15/2027

5,088‌

5,023‌

United

Airlines

2019-2

Class

AA

Pass

Through

Trust

2.70%,

11/01/2033

7,271‌

6,360‌

United

Airlines

2024-1

Class

A

Pass

Through

Trust

5.88%,

02/15/2037

(g)

42,000‌

42,550‌

$

99,667‌

Apparel

-

0

.13

%

Under

Armour

Inc

3.25%,

06/15/2026

14,750‌

14,059‌

Automobile

Asset

Backed

Securities

-

2

.82

%

BMW

Vehicle

Owner

Trust

2023-A

5.78%,

04/27/2026

12,585‌

12,591‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.43%

BMW

Vehicle

Owner

Trust

2024-A

5.69%,

02/25/2027

32,500‌

32,500‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.34%

Carvana

Auto

Receivables

Trust

2021-P4

1.31%,

01/11/2027

8,162‌

8,004‌

Ford

Credit

Auto

Owner

Trust

2023-A

6.06%,

03/15/2026

4,287‌

4,290‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.72%

Ford

Credit

Auto

Owner

Trust

2024-A

5.70%,

01/15/2027

38,000‌

38,000‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.36%

Ford

Credit

Floorplan

Master

Owner

Trust

A

6.59%,

05/15/2028

(f)

20,000‌

20,241‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

1.25%

GM

Financial

Consumer

Automobile

Receivables

Trust

2022-4

5.99%,

11/17/2025

1,661‌

1,661‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.65%

GM

Financial

Consumer

Automobile

Receivables

Trust

2023-1

5.96%,

03/16/2026

4,767‌

4,769‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.62%

GM

Financial

Consumer

Automobile

Receivables

Trust

2023-4

5.87%,

11/16/2026

34,013‌

34,041‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.53%

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Automobile

Asset

Backed

Securities

(continued)

Nissan

Master

Owner

Trust

Receivables

6.01%,

02/15/2028

(f)

$

38,000‌

$

38,056‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.67%

Tesla

Electric

Vehicle

Trust

2023-1

5.86%,

12/21/2026

(f)

35,000‌

35,013‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.52%

Toyota

Auto

Receivables

2023-C

Owner

Trust

5.74%,

08/17/2026

18,303‌

18,306‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.40%

Toyota

Auto

Receivables

2024-A

Owner

Trust

5.69%,

12/15/2026

23,184‌

23,188‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.35%

Toyota

Auto

Receivables

2024-C

Owner

Trust

5.16%,

05/17/2027

38,000‌

38,067‌

$

308,727‌

Automobile

Manufacturers

-

0

.72

%

American

Honda

Finance

Corp

2.30%,

09/09/2026

7,000‌

6,660‌

4.75%,

01/12/2026

9,000‌

8,999‌

4.90%,

07/09/2027

15,000‌

15,128‌

5.80%,

10/03/2025

47,000‌

47,484‌

$

78,271‌

Banks

-

7

.41

%

Bank

of

America

Corp

2.46%,

10/22/2025

(h)

35,000‌

34,747‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.13%

3.19%,

07/23/2030

(h)

8,000‌

7,401‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.44%

3.88%,

08/01/2025

10,000‌

9,883‌

3.97%,

02/07/2030

(h)

8,000‌

7,705‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.47%

5.08%,

01/20/2027

(h)

20,000‌

20,012‌

Secured

Overnight

Financing

Rate

+

1.29%

Bank

of

New

York

Mellon

Corp/The

1.65%,

01/28/2031

10,000‌

8,301‌

2.10%,

10/24/2024

50,000‌

49,611‌

2.80%,

05/04/2026

8,000‌

7,739‌

3.00%,

10/30/2028

9,000‌

8,431‌

Citigroup

Inc

2.98%,

11/05/2030

(h)

51,000‌

46,366‌

Secured

Overnight

Financing

Rate

+

1.42%

3.88%,

03/26/2025

23,000‌

22,767‌

4.45%,

09/29/2027

8,000‌

7,898‌

6.10%,

10/30/2024

9,000‌

9,006‌

Secured

Overnight

Financing

Rate

+

0.69%

Cullen/Frost

Bankers

Inc

4.50%,

03/17/2027

11,000‌

10,767‌

Fifth

Third

Bancorp

2.38%,

01/28/2025

59,000‌

58,078‌

Goldman

Sachs

Group

Inc/The

1.99%,

01/27/2032

(h)

15,000‌

12,436‌

Secured

Overnight

Financing

Rate

+

1.09%

3.50%,

11/16/2026

21,000‌

20,404‌

3.81%,

04/23/2029

(h)

13,000‌

12,504‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.42%

4.25%,

10/21/2025

23,500‌

23,256‌

Schedule

of

Investments

Core

Fixed

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

6

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

JPMorgan

Chase

&

Co

1.05%,

11/19/2026

(h)

$

9,000‌

$

8,535‌

Secured

Overnight

Financing

Rate

+

0.80%

2.53%,

11/19/2041

(h)

9,000‌

6,331‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.51%

2.74%,

10/15/2030

(h)

47,000‌

42,510‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.51%

3.90%,

07/15/2025

8,000‌

7,907‌

Morgan

Stanley

0.86%,

10/21/2025

(h)

7,500‌

7,421‌

Secured

Overnight

Financing

Rate

+

0.75%

1.79%,

02/13/2032

(h)

10,000‌

8,189‌

Secured

Overnight

Financing

Rate

+

1.03%

1.93%,

04/28/2032

(h)

6,250‌

5,141‌

Secured

Overnight

Financing

Rate

+

1.02%

2.70%,

01/22/2031

(h)

38,000‌

33,974‌

Secured

Overnight

Financing

Rate

+

1.14%

3.95%,

04/23/2027

10,000‌

9,753‌

4.00%,

07/23/2025

5,000‌

4,944‌

5.12%,

02/01/2029

(h)

18,000‌

18,169‌

Secured

Overnight

Financing

Rate

+

1.73%

6.25%,

08/09/2026

4,000‌

4,106‌

PNC

Bank

NA

2.70%,

10/22/2029

53,000‌

47,435‌

2.95%,

02/23/2025

10,000‌

9,860‌

3.10%,

10/25/2027

4,750‌

4,516‌

PNC

Financial

Services

Group

Inc/The

2.31%,

04/23/2032

(h)

15,000‌

12,689‌

Secured

Overnight

Financing

Rate

+

0.98%

Truist

Bank

2.64%,

09/17/2029

(h)

52,000‌

51,304‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

1.15%

3.30%,

05/15/2026

5,000‌

4,837‌

Truist

Financial

Corp

1.27%,

03/02/2027

(h)

5,500‌

5,172‌

Secured

Overnight

Financing

Rate

+

0.61%

US

Bancorp

2.49%,

11/03/2036

(h)

29,000‌

23,381‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

0.95%

3.00%,

07/30/2029

6,000‌

5,488‌

3.15%,

04/27/2027

3,800‌

3,657‌

3.60%,

09/11/2024

12,000‌

11,973‌

3.90%,

04/26/2028

5,000‌

4,870‌

4.84%,

02/01/2034

(h)

25,000‌

24,243‌

Secured

Overnight

Financing

Rate

+

1.60%

US

Bank

NA/Cincinnati

OH

2.80%,

01/27/2025

7,000‌

6,911‌

Wells

Fargo

&

Co

2.41%,

10/30/2025

(h)

32,000‌

31,752‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.09%

2.88%,

10/30/2030

(h)

32,000‌

28,989‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.43%

$

811,369‌

Beverages

-

0

.78

%

Anheuser-Busch

Cos

LLC

/

Anheuser-Busch

InBev

Worldwide

Inc

4.70%,

02/01/2036

34,000‌

33,221‌

Anheuser-Busch

InBev

Worldwide

Inc

4.90%,

01/23/2031

21,000‌

21,316‌

5.00%,

06/15/2034

(i)

30,000‌

30,424‌

$

84,961‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Biotechnology

-

2

.05

%

Amgen

Inc

1.65%,

08/15/2028

$

20,000‌

$

17,814‌

2.20%,

02/21/2027

11,500‌

10,808‌

2.45%,

02/21/2030

40,000‌

35,673‌

5.25%,

03/02/2033

19,000‌

19,310‌

Biogen

Inc

2.25%,

05/01/2030

65,000‌

56,582‌

Gilead

Sciences

Inc

1.20%,

10/01/2027

19,000‌

17,123‌

2.60%,

10/01/2040

19,000‌

13,476‌

3.50%,

02/01/2025

10,000‌

9,909‌

3.65%,

03/01/2026

21,000‌

20,617‌

5.25%,

10/15/2033

22,000‌

22,620‌

$

223,932‌

Chemicals

-

0

.71

%

Air

Liquide

Finance

SA

2.25%,

09/10/2029

(f)

24,000‌

21,601‌

Westlake

Corp

2.88%,

08/15/2041

15,000‌

10,394‌

3.38%,

06/15/2030

4,500‌

4,159‌

3.60%,

08/15/2026

43,000‌

41,925‌

$

78,079‌

Commercial

Services

-

0

.80

%

ERAC

USA

Finance

LLC

4.60%,

05/01/2028

(f)

38,500‌

38,459‌

5.00%,

02/15/2029

(f)

9,500‌

9,653‌

7.00%,

10/15/2037

(f)

13,000‌

15,140‌

United

Rentals

North

America

Inc

6.00%,

12/15/2029

(f)

24,000‌

24,351‌

$

87,603‌

Computers

-

0

.94

%

Apple

Inc

1.13%,

05/11/2025

10,000‌

9,706‌

2.05%,

09/11/2026

30,000‌

28,547‌

2.38%,

02/08/2041

20,000‌

14,315‌

3.20%,

05/11/2027

13,000‌

12,616‌

3.25%,

02/23/2026

13,000‌

12,743‌

4.15%,

05/10/2030

24,500‌

24,604‌

$

102,531‌

Diversified

Financial

Services

-

0

.57

%

Jefferies

Financial

Group

Inc

2.63%,

10/15/2031

30,000‌

25,026‌

2.75%,

10/15/2032

8,000‌

6,588‌

4.15%,

01/23/2030

19,000‌

18,095‌

4.85%,

01/15/2027

1,750‌

1,746‌

6.25%,

01/15/2036

10,325‌

10,789‌

$

62,244‌

Electric

-

8

.96

%

AEP

Transmission

Co

LLC

3.15%,

09/15/2049

24,000‌

16,367‌

5.40%,

03/15/2053

23,000‌

22,744‌

Alabama

Power

Co

1.45%,

09/15/2030

25,000‌

20,943‌

3.13%,

07/15/2051

19,000‌

12,952‌

3.45%,

10/01/2049

42,000‌

30,773‌

Alliant

Energy

Finance

LLC

1.40%,

03/15/2026

(f)

4,500‌

4,200‌

5.95%,

03/30/2029

(f)

10,000‌

10,413‌

American

Electric

Power

Co

Inc

1.00%,

11/01/2025

11,450‌

10,881‌

Berkshire

Hathaway

Energy

Co

2.85%,

05/15/2051

23,000‌

14,685‌

4.05%,

04/15/2025

10,000‌

9,913‌

Black

Hills

Corp

2.50%,

06/15/2030

15,000‌

12,958‌

3.05%,

10/15/2029

39,500‌

35,956‌

3.15%,

01/15/2027

7,500‌

7,194‌

4.35%,

05/01/2033

8,000‌

7,388‌

Schedule

of

Investments

Core

Fixed

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

7

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Electric

(continued)

Dayton

Power

&

Light

Co/The

3.95%,

06/15/2049

$

14,000‌

$

10,510‌

Entergy

Corp

2.40%,

06/15/2031

24,000‌

20,265‌

Entergy

Louisiana

LLC

2.90%,

03/15/2051

18,500‌

11,655‌

3.25%,

04/01/2028

12,000‌

11,421‌

4.20%,

09/01/2048

31,000‌

25,075‌

FirstEnergy

Pennsylvania

Electric

Co

4.30%,

01/15/2029

(f)

14,000‌

13,721‌

Florida

Power

&

Light

Co

2.85%,

04/01/2025

3,000‌

2,955‌

2.88%,

12/04/2051

20,000‌

13,157‌

3.15%,

10/01/2049

25,000‌

17,575‌

5.05%,

04/01/2028

14,500‌

14,755‌

5.15%,

06/15/2029

20,000‌

20,510‌

Indianapolis

Power

&

Light

Co

5.70%,

04/01/2054

(f)

15,500‌

15,660‌

Interstate

Power

and

Light

Co

2.30%,

06/01/2030

9,500‌

8,328‌

3.50%,

09/30/2049

66,000‌

47,797‌

Louisville

Gas

and

Electric

Co

3.30%,

10/01/2025

3,000‌

2,941‌

Monongahela

Power

Co

3.55%,

05/15/2027

(f)

20,000‌

19,310‌

5.85%,

02/15/2034

(f)

10,500‌

10,914‌

Nevada

Power

Co

2.40%,

05/01/2030

20,500‌

18,080‌

NextEra

Energy

Capital

Holdings

Inc

2.75%,

11/01/2029

51,000‌

46,386‌

Northern

States

Power

Co/MN

2.90%,

03/01/2050

18,500‌

12,215‌

5.10%,

05/15/2053

28,500‌

27,031‌

Oncor

Electric

Delivery

Co

LLC

0.55%,

10/01/2025

13,000‌

12,370‌

2.70%,

11/15/2051

15,000‌

9,244‌

2.95%,

04/01/2025

7,000‌

6,892‌

3.10%,

09/15/2049

33,500‌

22,964‌

4.10%,

11/15/2048

5,000‌

4,104‌

5.65%,

11/15/2033

24,000‌

25,230‌

5.75%,

03/15/2029

21,000‌

21,971‌

PacifiCorp

5.25%,

06/15/2035

5,750‌

5,774‌

5.35%,

12/01/2053

34,000‌

31,600‌

6.25%,

10/15/2037

2,500‌

2,660‌

PPL

Electric

Utilities

Corp

3.00%,

10/01/2049

17,000‌

11,603‌

4.85%,

02/15/2034

19,000‌

18,961‌

5.25%,

05/15/2053

52,000‌

51,088‌

Public

Service

Co

of

Colorado

1.88%,

06/15/2031

11,500‌

9,444‌

3.20%,

03/01/2050

15,000‌

10,190‌

Solar

Star

Funding

LLC

3.95%,

06/30/2035

(f)

4,848‌

4,420‌

5.38%,

06/30/2035

(f)

17,525‌

17,416‌

Southwestern

Electric

Power

Co

1.65%,

03/15/2026

24,000‌

22,796‌

2.75%,

10/01/2026

10,000‌

9,524‌

3.85%,

02/01/2048

12,500‌

9,242‌

Tucson

Electric

Power

Co

3.05%,

03/15/2025

2,000‌

1,972‌

3.25%,

05/01/2051

18,000‌

12,212‌

4.85%,

12/01/2048

7,000‌

6,279‌

Wisconsin

Power

and

Light

Co

5.38%,

03/30/2034

19,000‌

19,416‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Electric

(continued)

Xcel

Energy

Inc

2.60%,

12/01/2029

$

32,000‌

$

28,552‌

3.50%,

12/01/2049

24,000‌

16,877‌

$

980,429‌

Electronics

-

0

.40

%

Keysight

Technologies

Inc

3.00%,

10/30/2029

48,000‌

43,746‌

Environmental

Control

-

0

.69

%

Republic

Services

Inc

1.75%,

02/15/2032

29,500‌

23,886‌

2.30%,

03/01/2030

16,500‌

14,618‌

3.20%,

03/15/2025

13,000‌

12,832‌

4.88%,

04/01/2029

23,500‌

23,741‌

$

75,077‌

Food

-

0

.18

%

Kraft

Heinz

Foods

Co

3.75%,

04/01/2030

21,000‌

20,005‌

Gas

-

0

.72

%

NiSource

Inc

2.95%,

09/01/2029

29,000‌

26,611‌

3.60%,

05/01/2030

14,000‌

13,152‌

5.35%,

04/01/2034

39,000‌

39,289‌

$

79,052‌

Healthcare

-

Services

-

1

.29

%

HCA

Inc

4.13%,

06/15/2029

14,000‌

13,506‌

5.60%,

04/01/2034

37,000‌

37,613‌

5.63%,

09/01/2028

2,000‌

2,047‌

7.50%,

11/06/2033

1,950‌

2,210‌

UnitedHealth

Group

Inc

2.00%,

05/15/2030

9,000‌

7,831‌

2.88%,

08/15/2029

15,000‌

13,890‌

3.50%,

08/15/2039

14,000‌

11,577‌

4.70%,

04/15/2029

28,500‌

28,720‌

4.75%,

07/15/2026

(i)

24,000‌

24,079‌

$

141,473‌

Insurance

-

1

.89

%

Berkshire

Hathaway

Finance

Corp

1.45%,

10/15/2030

36,500‌

30,786‌

1.85%,

03/12/2030

8,000‌

6,999‌

2.50%,

01/15/2051

12,500‌

7,899‌

2.85%,

10/15/2050

30,500‌

20,368‌

Fidelity

National

Financial

Inc

3.40%,

06/15/2030

32,000‌

28,997‌

4.50%,

08/15/2028

39,500‌

38,845‌

First

American

Financial

Corp

2.40%,

08/15/2031

22,000‌

17,927‌

4.00%,

05/15/2030

28,000‌

25,945‌

4.60%,

11/15/2024

5,000‌

4,979‌

Prudential

Financial

Inc

2.10%,

03/10/2030

23,000‌

20,142‌

3.88%,

03/27/2028

4,550‌

4,432‌

$

207,319‌

Internet

-

0

.92

%

Amazon.com

Inc

2.80%,

08/22/2024

44,000‌

43,931‌

2.88%,

05/12/2041

20,000‌

15,239‌

3.95%,

04/13/2052

10,000‌

8,280‌

4.05%,

08/22/2047

38,000‌

32,671‌

$

100,121‌

Lodging

-

0

.94

%

Choice

Hotels

International

Inc

3.70%,

12/01/2029

42,000‌

38,561‌

3.70%,

01/15/2031

(i)

11,000‌

9,924‌

Marriott

International

Inc/MD

2.75%,

10/15/2033

36,000‌

29,962‌

Schedule

of

Investments

Core

Fixed

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

8

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Lodging

(continued)

Travel

+

Leisure

Co

4.50%,

12/01/2029

(f)

$

26,500‌

$

24,631‌

$

103,078‌

Media

-

1

.69

%

Comcast

Corp

2.65%,

02/01/2030

33,000‌

29,861‌

3.30%,

02/01/2027

10,000‌

9,701‌

3.95%,

10/15/2025

15,000‌

14,839‌

4.25%,

10/15/2030

4,500‌

4,401‌

4.65%,

02/15/2033

(i)

30,000‌

29,628‌

6.45%,

03/15/2037

1,800‌

2,001‌

Discovery

Communications

LLC

3.63%,

05/15/2030

9,000‌

7,942‌

4.13%,

05/15/2029

22,000‌

20,415‌

5.30%,

05/15/2049

13,000‌

10,089‌

Time

Warner

Cable

LLC

6.55%,

05/01/2037

7,400‌

7,253‌

6.75%,

06/15/2039

6,000‌

5,942‌

7.30%,

07/01/2038

7,750‌

8,080‌

Walt

Disney

Co/The

2.00%,

09/01/2029

28,000‌

24,805‌

6.40%,

12/15/2035

8,900‌

9,978‌

$

184,935‌

Oil

&

Gas

-

0

.97

%

BP

Capital

Markets

America

Inc

3.12%,

05/04/2026

10,000‌

9,730‌

3.41%,

02/11/2026

13,000‌

12,741‌

3.94%,

09/21/2028

13,000‌

12,668‌

4.70%,

04/10/2029

39,000‌

39,154‌

Canadian

Natural

Resources

Ltd

2.05%,

07/15/2025

9,000‌

8,722‌

Marathon

Petroleum

Corp

5.13%,

12/15/2026

8,500‌

8,570‌

Phillips

66

1.30%,

02/15/2026

11,500‌

10,877‌

Suncor

Energy

Inc

4.00%,

11/15/2047

4,500‌

3,484‌

$

105,946‌

Oil

&

Gas

Services

-

0

.30

%

Schlumberger

Holdings

Corp

4.00%,

12/21/2025

(f)

33,000‌

32,574‌

Other

Asset

Backed

Securities

-

1

.01

%

PFS

Financing

Corp

0.77%,

08/15/2026

(f)

39,000‌

38,914‌

6.19%,

01/15/2028

(f)

28,000‌

28,097‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.85%

Verizon

Master

Trust

6.19%,

06/20/2029

43,500‌

43,754‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.85%

$

110,765‌

Packaging

&

Containers

-

0

.08

%

Sealed

Air

Corp

5.50%,

09/15/2025

(f)

2,000‌

1,995‌

6.88%,

07/15/2033

(f)

6,900‌

7,260‌

$

9,255‌

Pharmaceuticals

-

1

.71

%

AbbVie

Inc

5.05%,

03/15/2034

60,000‌

61,105‌

Bristol-Myers

Squibb

Co

1.13%,

11/13/2027

12,500‌

11,230‌

1.45%,

11/13/2030

10,000‌

8,320‌

3.20%,

06/15/2026

13,124‌

12,776‌

3.40%,

07/26/2029

8,346‌

7,939‌

3.90%,

02/20/2028

10,500‌

10,297‌

5.90%,

11/15/2033

(i)

20,000‌

21,505‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Pharmaceuticals

(continued)

CVS

Health

Corp

1.30%,

08/21/2027

$

14,000‌

$

12,593‌

3.00%,

08/15/2026

17,000‌

16,391‌

4.30%,

03/25/2028

5,046‌

4,947‌

5.05%,

03/25/2048

23,000‌

20,284‌

$

187,387‌

Pipelines

-

1

.26

%

Buckeye

Partners

LP

3.95%,

12/01/2026

10,500‌

10,120‌

4.35%,

10/15/2024

(i)

8,000‌

7,973‌

Columbia

Pipeline

Group

Inc

4.50%,

06/01/2025

11,900‌

11,804‌

El

Paso

Natural

Gas

Co

LLC

7.50%,

11/15/2026

11,400‌

11,974‌

NGPL

PipeCo

LLC

3.25%,

07/15/2031

(f)

15,000‌

13,105‌

4.88%,

08/15/2027

(f)

43,000‌

42,627‌

Plains

All

American

Pipeline

LP

/

PAA

Finance

Corp

4.50%,

12/15/2026

13,500‌

13,352‌

Southern

Natural

Gas

Co

LLC

8.00%,

03/01/2032

4,750‌

5,505‌

Tennessee

Gas

Pipeline

Co

LLC

8.38%,

06/15/2032

2,000‌

2,340‌

TransCanada

PipeLines

Ltd

6.10%,

06/01/2040

7,000‌

7,269‌

7.25%,

08/15/2038

10,000‌

11,631‌

$

137,700‌

REITs

-

8

.48

%

Alexandria

Real

Estate

Equities

Inc

1.88%,

02/01/2033

13,000‌

10,069‌

2.00%,

05/18/2032

14,000‌

11,233‌

2.75%,

12/15/2029

14,500‌

13,010‌

3.38%,

08/15/2031

30,000‌

27,089‌

4.30%,

01/15/2026

9,900‌

9,801‌

4.75%,

04/15/2035

14,500‌

13,765‌

4.90%,

12/15/2030

4,250‌

4,254‌

American

Tower

Corp

1.88%,

10/15/2030

20,000‌

16,734‌

2.10%,

06/15/2030

3,000‌

2,581‌

2.40%,

03/15/2025

7,000‌

6,863‌

2.75%,

01/15/2027

53,000‌

50,380‌

2.95%,

01/15/2051

10,000‌

6,455‌

3.38%,

10/15/2026

5,000‌

4,833‌

American

Tower

Trust

#1

5.49%,

03/15/2053

(f)

14,000‌

14,241‌

Crown

Castle

Inc

2.25%,

01/15/2031

13,000‌

10,981‌

2.90%,

04/01/2041

30,000‌

21,419‌

3.10%,

11/15/2029

8,000‌

7,319‌

4.00%,

11/15/2049

17,000‌

13,277‌

4.30%,

02/15/2029

13,000‌

12,665‌

5.00%,

01/11/2028

18,000‌

18,058‌

CubeSmart

LP

2.00%,

02/15/2031

26,000‌

21,595‌

3.00%,

02/15/2030

18,000‌

16,278‌

4.00%,

11/15/2025

5,000‌

4,923‌

4.38%,

02/15/2029

2,000‌

1,956‌

DOC

DR

LLC

2.63%,

11/01/2031

32,000‌

27,114‌

4.30%,

03/15/2027

22,400‌

22,097‌

Healthcare

Realty

Holdings

LP

2.40%,

03/15/2030

9,000‌

7,609‌

3.63%,

01/15/2028

3,500‌

3,290‌

3.88%,

05/01/2025

5,000‌

4,924‌

Schedule

of

Investments

Core

Fixed

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

9

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

REITs

(continued)

Healthpeak

OP

LLC

2.88%,

01/15/2031

$

7,000‌

$

6,193‌

3.00%,

01/15/2030

50,000‌

45,447‌

5.25%,

12/15/2032

14,000‌

14,081‌

Omega

Healthcare

Investors

Inc

3.38%,

02/01/2031

46,000‌

40,554‌

3.63%,

10/01/2029

32,000‌

29,250‌

4.75%,

01/15/2028

7,000‌

6,883‌

5.25%,

01/15/2026

8,000‌

7,978‌

Prologis

LP

2.88%,

11/15/2029

12,500‌

11,481‌

3.25%,

06/30/2026

5,000‌

4,866‌

3.38%,

12/15/2027

25,000‌

24,053‌

SBA

Tower

Trust

1.63%,

05/15/2051

(f)

46,000‌

42,385‌

2.33%,

07/15/2052

(f)

10,000‌

9,094‌

2.59%,

10/15/2056

(f)

20,500‌

17,087‌

2.84%,

01/15/2050

(f)

30,000‌

29,579‌

Simon

Property

Group

LP

2.00%,

09/13/2024

32,000‌

31,860‌

Store

Capital

LLC

2.75%,

11/18/2030

18,500‌

15,765‌

4.63%,

03/15/2029

33,500‌

32,377‌

Ventas

Realty

LP

3.00%,

01/15/2030

8,000‌

7,235‌

3.85%,

04/01/2027

21,000‌

20,424‌

5.63%,

07/01/2034

38,500‌

39,411‌

Welltower

OP

LLC

2.70%,

02/15/2027

12,000‌

11,441‌

2.75%,

01/15/2031

7,000‌

6,162‌

3.10%,

01/15/2030

23,000‌

21,078‌

4.13%,

03/15/2029

6,000‌

5,838‌

4.25%,

04/15/2028

4,000‌

3,926‌

Weyerhaeuser

Co

7.38%,

03/15/2032

11,281‌

12,851‌

WP

Carey

Inc

2.40%,

02/01/2031

21,000‌

17,780‌

3.85%,

07/15/2029

30,000‌

28,565‌

$

928,457‌

Semiconductors

-

0

.37

%

NVIDIA

Corp

2.00%,

06/15/2031

19,000‌

16,365‌

2.85%,

04/01/2030

14,000‌

12,977‌

3.50%,

04/01/2040

13,000‌

11,030‌

$

40,372‌

Software

-

0

.23

%

Oracle

Corp

2.95%,

05/15/2025

25,900‌

25,435‌

Telecommunications

-

1

.30

%

Corning

Inc

4.75%,

03/15/2042

4,650‌

4,244‌

5.45%,

11/15/2079

43,500‌

41,458‌

Crown

Castle

Towers

LLC

4.24%,

07/15/2048

(f)

16,000‌

15,392‌

Sprint

Spectrum

Co

LLC

/

Sprint

Spectrum

Co

II

LLC

/

Sprint

Spectrum

Co

III

LLC

5.15%,

03/20/2028

(f)

25,875‌

25,869‌

T-Mobile

USA

Inc

2.05%,

02/15/2028

10,000‌

9,124‌

2.55%,

02/15/2031

20,000‌

17,377‌

3.00%,

02/15/2041

39,000‌

28,721‌

$

142,185‌

Transportation

-

0

.67

%

Ryder

System

Inc

2.90%,

12/01/2026

51,000‌

48,908‌

3.35%,

09/01/2025

25,000‌

24,504‌

$

73,412‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Trucking

&

Leasing

-

0

.87

%

Penske

Truck

Leasing

Co

Lp

/

PTL

Finance

Corp

1.20%,

11/15/2025

(f)

$

22,000‌

$

20,931‌

1.70%,

06/15/2026

(f)

39,000‌

36,585‌

2.70%,

11/01/2024

(f)

28,000‌

27,788‌

5.70%,

02/01/2028

(f)

10,000‌

10,235‌

$

95,539‌

TOTAL

BONDS

$

5,775,705‌

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

-

45

.54

%

Principal

Amount

(000's)

Value

(000's)

Federal

Home

Loan

Mortgage

Corporation

(FHLMC)

-

0

.12

%

3.00%,

12/01/2046

$

6,509‌

$

5,838‌

3.50%,

03/01/2048

7,230‌

6,696‌

$

12,534‌

Federal

National

Mortgage

Association

(FNMA)/Federal

Home

Loan

Mortgage

Corporation

(FHLMC)

Uniform

Mortgage-Backed

Security

-

23

.72

%

2.00%,

10/01/2050

33,589‌

27,521‌

2.00%,

11/01/2050

33,627‌

27,606‌

2.00%,

12/01/2050

38,972‌

31,806‌

2.00%,

12/01/2050

38,871‌

31,726‌

2.50%,

09/01/2050

33,829‌

28,745‌

2.50%,

10/01/2050

34,620‌

29,405‌

2.50%,

10/01/2050

34,133‌

28,992‌

2.50%,

10/01/2050

34,085‌

28,952‌

2.50%,

11/01/2050

33,421‌

28,501‌

2.50%,

11/01/2050

34,475‌

29,283‌

2.50%,

11/01/2050

34,173‌

29,027‌

2.50%,

11/01/2050

32,542‌

27,651‌

2.50%,

11/01/2050

33,782‌

28,704‌

3.00%,

06/01/2042

13,016‌

11,813‌

3.00%,

08/01/2049

16,724‌

14,864‌

3.00%,

09/01/2049

12,028‌

10,673‌

3.00%,

10/01/2049

15,604‌

13,871‌

3.00%,

10/01/2049

13,101‌

11,646‌

3.00%,

10/01/2049

18,090‌

16,078‌

3.00%,

11/01/2049

15,547‌

13,820‌

3.00%,

11/01/2049

12,791‌

11,384‌

3.00%,

11/01/2049

18,997‌

16,884‌

3.00%,

03/01/2050

18,481‌

16,474‌

3.00%,

04/01/2050

19,950‌

17,734‌

3.00%,

09/01/2050

22,266‌

19,756‌

3.00%,

05/01/2052

17,074‌

15,073‌

3.50%,

06/01/2046

13,173‌

12,333‌

3.50%,

08/01/2047

7,367‌

6,809‌

3.50%,

09/01/2047

30,819‌

28,462‌

3.50%,

12/01/2047

7,539‌

6,967‌

3.50%,

06/01/2049

28,404‌

26,249‌

3.50%,

07/01/2049

9,886‌

9,112‌

3.50%,

09/01/2049

8,289‌

7,636‌

3.50%,

09/01/2049

27,308‌

25,239‌

3.50%,

09/01/2049

8,752‌

8,067‌

3.50%,

11/01/2049

13,280‌

12,366‌

3.50%,

11/01/2049

11,856‌

10,912‌

3.50%,

12/01/2049

13,204‌

12,140‌

3.50%,

01/01/2050

37,801‌

34,771‌

3.50%,

02/01/2050

23,112‌

21,228‌

3.50%,

06/01/2050

21,650‌

19,956‌

3.50%,

08/01/2050

30,118‌

27,833‌

3.50%,

10/01/2050

28,954‌

26,550‌

3.50%,

01/01/2051

21,336‌

19,592‌

3.50%,

01/01/2051

30,527‌

28,205‌

3.50%,

04/01/2052

47,228‌

43,067‌

3.50%,

04/01/2052

34,866‌

31,785‌

4.00%,

02/01/2044

8,050‌

7,773‌

4.00%,

09/01/2045

5,572‌

5,338‌

4.00%,

06/01/2046

11,241‌

10,854‌

4.00%,

10/01/2047

29,418‌

28,187‌

4.00%,

10/01/2048

8,540‌

8,183‌

4.00%,

03/01/2049

24,224‌

23,187‌

Schedule

of

Investments

Core

Fixed

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

10

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Federal

National

Mortgage

Association

(FNMA)/Federal

Home

Loan

Mortgage

Corporation

(FHLMC)

Uniform

Mortgage-Backed

Security

(continued)

4.00%,

04/01/2049

$

26,721‌

$

25,567‌

4.00%,

06/01/2049

40,779‌

39,074‌

4.00%,

07/01/2049

6,049‌

5,779‌

4.00%,

08/01/2049

30,031‌

28,767‌

4.00%,

10/01/2049

14,163‌

13,508‌

4.00%,

12/01/2049

22,660‌

21,821‌

4.00%,

01/01/2050

18,684‌

17,782‌

4.00%,

07/01/2050

42,722‌

40,905‌

4.00%,

02/01/2052

36,391‌

34,183‌

4.00%,

02/01/2052

34,940‌

32,802‌

4.00%,

02/01/2052

42,298‌

39,889‌

4.00%,

05/01/2052

42,028‌

39,439‌

4.00%,

05/01/2052

43,932‌

41,371‌

4.00%,

06/01/2052

35,401‌

33,370‌

4.50%,

06/01/2046

12,933‌

12,803‌

4.50%,

02/01/2049

5,996‌

5,861‌

4.50%,

07/01/2052

17,692‌

17,160‌

4.50%,

08/01/2052

37,353‌

36,282‌

4.50%,

08/01/2052

36,654‌

35,800‌

4.50%,

09/01/2052

36,329‌

35,225‌

4.50%,

09/01/2052

37,791‌

36,905‌

4.50%,

09/01/2052

36,798‌

35,755‌

4.50%,

10/01/2052

36,721‌

35,696‌

4.50%,

10/01/2052

23,739‌

22,929‌

4.50%,

11/01/2052

38,348‌

37,166‌

4.50%,

02/01/2053

36,804‌

35,492‌

5.00%,

07/01/2052

39,456‌

39,252‌

5.00%,

09/01/2052

37,242‌

36,904‌

5.00%,

10/01/2052

22,962‌

22,749‌

5.00%,

10/01/2052

35,609‌

35,282‌

5.00%,

02/01/2053

36,439‌

36,236‌

5.00%,

03/01/2053

36,815‌

36,475‌

5.00%,

07/01/2053

37,140‌

36,933‌

5.00%,

09/01/2053

28,447‌

28,184‌

5.00%,

10/01/2053

47,024‌

46,658‌

5.00%,

10/01/2053

43,982‌

43,501‌

5.00%,

02/01/2054

40,814‌

40,358‌

5.50%,

02/01/2053

34,656‌

34,882‌

5.50%,

02/01/2053

38,271‌

38,582‌

5.50%,

03/01/2053

38,245‌

38,555‌

5.50%,

04/01/2053

36,497‌

36,795‌

5.50%,

07/01/2053

37,556‌

37,821‌

5.50%,

09/01/2053

37,707‌

37,910‌

5.50%,

09/01/2053

37,557‌

37,937‌

5.50%,

03/01/2054

29,797‌

30,027‌

5.50%,

06/01/2054

29,909‌

30,134‌

6.00%,

10/01/2053

37,729‌

38,714‌

$

2,596,010‌

Government

National

Mortgage

Association

(GNMA)

-

0

.10

%

3.00%,

02/20/2046

12,245‌

11,108‌

U.S.

Treasury

-

21

.60

%

0.38%,

09/30/2027

40,000‌

35,677‌

0.63%,

08/15/2030

45,000‌

37,014‌

0.88%,

11/15/2030

45,000‌

37,369‌

1.13%,

02/28/2025

40,000‌

39,115‌

1.13%,

02/28/2027

40,000‌

37,086‌

1.13%,

02/15/2031

45,000‌

37,777‌

1.13%,

08/15/2040

60,000‌

37,995‌

1.25%,

08/31/2024

10,000‌

9,964‌

1.25%,

08/15/2031

45,000‌

37,524‌

1.25%,

05/15/2050

65,000‌

33,381‌

1.38%,

11/15/2031

45,000‌

37,621‌

1.38%,

08/15/2050

65,000‌

34,422‌

1.50%,

08/15/2026

40,000‌

37,861‌

1.50%,

02/15/2030

45,000‌

39,540‌

1.63%,

02/15/2026

40,000‌

38,336‌

1.63%,

08/15/2029

40,000‌

35,830‌

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

U.S.

Treasury

(continued)

1.63%,

11/15/2050

$

60,000‌

$

33,980‌

1.75%,

11/15/2029

40,000‌

35,903‌

1.75%,

08/15/2041

55,000‌

37,686‌

1.88%,

02/15/2032

40,000‌

34,506‌

1.88%,

02/15/2051

60,000‌

36,234‌

1.88%,

11/15/2051

55,000‌

33,011‌

2.00%,

11/15/2026

40,000‌

38,113‌

2.00%,

02/15/2050

55,000‌

34,547‌

2.00%,

08/15/2051

55,000‌

34,124‌

2.13%,

05/15/2025

40,000‌

39,152‌

2.25%,

11/15/2024

40,000‌

39,653‌

2.25%,

08/15/2027

40,000‌

37,934‌

2.25%,

11/15/2027

40,000‌

37,806‌

2.25%,

08/15/2046

55,000‌

37,933‌

2.25%,

08/15/2049

50,000‌

33,416‌

2.25%,

02/15/2052

55,000‌

36,236‌

2.38%,

05/15/2027

40,000‌

38,192‌

2.38%,

11/15/2049

50,000‌

34,311‌

2.38%,

05/15/2051

50,000‌

34,008‌

2.63%,

02/15/2029

40,000‌

37,795‌

2.75%,

02/15/2028

40,000‌

38,322‌

2.75%,

05/31/2029

40,000‌

37,900‌

2.75%,

08/15/2032

45,000‌

41,119‌

2.75%,

08/15/2042

50,000‌

39,729‌

2.75%,

08/15/2047

50,000‌

37,629‌

2.88%,

07/31/2025

40,000‌

39,285‌

2.88%,

05/15/2028

40,000‌

38,417‌

2.88%,

08/15/2028

40,000‌

38,353‌

2.88%,

05/15/2032

40,000‌

36,994‌

2.88%,

05/15/2049

45,000‌

34,321‌

2.88%,

05/15/2052

45,000‌

34,080‌

3.00%,

11/15/2045

45,000‌

35,991‌

3.00%,

08/15/2048

45,000‌

35,249‌

3.00%,

08/15/2052

45,000‌

34,977‌

3.13%,

11/15/2028

40,000‌

38,667‌

3.38%,

05/15/2033

40,000‌

38,047‌

3.50%,

02/15/2033

40,000‌

38,459‌

3.63%,

02/15/2044

45,000‌

40,192‌

3.63%,

02/15/2053

45,000‌

39,524‌

3.63%,

05/15/2053

45,000‌

39,544‌

3.75%,

05/31/2030

40,000‌

39,559‌

3.75%,

11/15/2043

40,000‌

36,413‌

3.88%,

08/15/2033

40,000‌

39,475‌

4.00%,

02/15/2034

40,000‌

39,831‌

4.00%,

11/15/2052

40,000‌

37,628‌

4.13%,

11/15/2032

40,000‌

40,306‌

4.50%,

11/15/2033

40,000‌

41,375‌

4.63%,

05/15/2054

40,000‌

41,888‌

$

2,364,326‌

TOTAL

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

$

4,983,978‌

Total

Investments

$

10,923,333‌

Other

Assets

and

Liabilities

-  0.19%

21,089‌

TOTAL

NET

ASSETS

-

100.00%

$

10,944,422‌

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$28,462

or

0.26%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

The

value

of

these

investments

was

determined

using

significant

unobservable

inputs,

in

good

faith

by

the

Manager,

under

procedures

established

and

periodically

reviewed

by

the

Board

of

Directors.

Schedule

of

Investments

Core

Fixed

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

11

(e)

Restricted

Security.

Please

see

Restricted

Securities

sub-schedule

for

additional

information.

(f)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$782,691

or

7.15%

of

net

assets.

(g)

Security

purchased

on

a

when-issued

basis.

(h)

Rate

shown

is

as

of

period

end.

The

rate

may

be

a

variable

or

floating

rate

or

a

fixed

rate

which

may

convert

to

a

variable

or

floating

rate

in

the

future.

(i)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$27,670

or

0.25%

of

net

assets.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

177,293‌

$

2,156,790‌

$

2,195,686‌

$

138,397‌

$

177,293‌

$

2,156,790‌

$

2,195,686‌

$

138,397‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

4,388‌

$

—‌

$

—‌

$

—‌

$

4,388‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Restricted

Securities

Security

Name

Acquisition

Date

Cost

Value

Percent

of

Net

Assets

Trailer

Bridge

Inc

05/07/2012-05/28/2019

$

21,314‌

$

21,011‌

0.19%

Total

$

21,011‌

0.19%

Amounts

in

thousands.

Schedule

of

Investments

Core

Plus

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

12

INVESTMENT

COMPANIES

-

4

.24

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

4

.24

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

889,652‌

$

889‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b),(c)

23,081,753‌

23,082‌

$

23,971‌

TOTAL

INVESTMENT

COMPANIES

$

23,971‌

COMMON

STOCKS

-

0

.01

%

Shares

Held

Value

(000's)

Diversified

Financial

Services

-

0

.00

%

Avation

PLC

-

Warrants

(d)

3,500‌

$

1‌

Oil

&

Gas

-

0

.01

%

Mesquite

Energy

Inc

(d),(e)

407‌

29‌

Retail

-

0

.00

%

Claire's

Holdings

LLC

(d),(e)

232‌

2‌

TOTAL

COMMON

STOCKS

$

32‌

PREFERRED

STOCKS

-

0

.62

%

Shares

Held

Value

(000's)

Sovereign

-

0

.62

%

CoBank

ACB

6.20%,

01/01/2025

(f)

35,000‌

$

3,481‌

3

Month

USD

LIBOR

+

3.74%

TOTAL

PREFERRED

STOCKS

$

3,481‌

BONDS

-

71

.60

%

Principal

Amount

(000's)

Value

(000's)

Aerospace

&

Defense

-

1

.64

%

Boeing

Co/The

2.20%,

02/04/2026

$

2,780‌

$

2,646‌

3.75%,

02/01/2050

625‌

428‌

4.88%,

05/01/2025

845‌

839‌

6.26%,

05/01/2027

(g)

660‌

674‌

Bombardier

Inc

7.25%,

07/01/2031

(g)

40‌

41‌

7.50%,

02/01/2029

(g),(h)

470‌

491‌

8.75%,

11/15/2030

(g)

265‌

287‌

L3Harris

Technologies

Inc

5.05%,

06/01/2029

230‌

233‌

RTX

Corp

4.13%,

11/16/2028

1,700‌

1,664‌

6.10%,

03/15/2034

310‌

334‌

TransDigm

Inc

4.88%,

05/01/2029

120‌

114‌

6.38%,

03/01/2029

(g)

970‌

988‌

6.63%,

03/01/2032

(g)

35‌

36‌

Triumph

Group

Inc

9.00%,

03/15/2028

(g)

445‌

469‌

$

9,244‌

Agriculture

-

0

.64

%

BAT

Capital

Corp

3.22%,

09/06/2026

485‌

469‌

5.83%,

02/20/2031

305‌

316‌

6.00%,

02/20/2034

215‌

224‌

7.08%,

08/02/2053

265‌

293‌

BAT

International

Finance

PLC

5.93%,

02/02/2029

465‌

484‌

Imperial

Brands

Finance

PLC

5.50%,

02/01/2030

(g)

495‌

500‌

Philip

Morris

International

Inc

4.88%,

02/13/2029

695‌

699‌

Reynolds

American

Inc

5.70%,

08/15/2035

635‌

642‌

$

3,627‌

Airlines

-

0

.42

%

American

Airlines

2021-1

Class

B

Pass

Through

Trust

3.95%,

01/11/2032

25‌

23‌

American

Airlines

Inc

8.50%,

05/15/2029

(g)

460‌

474‌

American

Airlines

Inc/AAdvantage

Loyalty

IP

Ltd

5.75%,

04/20/2029

(g)

40‌

39‌

Delta

Air

Lines

Inc

/

SkyMiles

IP

Ltd

4.50%,

10/20/2025

(g)

357‌

355‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Airlines

(continued)

Hawaiian

Brand

Intellectual

Property

Ltd

/

HawaiianMiles

Loyalty

Ltd

11.00%,

04/15/2029

(g)

$

62‌

$

59‌

Southwest

Airlines

Co

5.25%,

05/04/2025

605‌

603‌

United

Airlines

2024-1

Class

A

Pass

Through

Trust

5.88%,

02/15/2037

(i)

725‌

734‌

United

Airlines

Inc

4.38%,

04/15/2026

(g)

75‌

73‌

$

2,360‌

Automobile

Asset

Backed

Securities

-

6

.73

%

AmeriCredit

Automobile

Receivables

Trust

2022-2

4.38%,

04/18/2028

1,674‌

1,665‌

Americredit

Automobile

Receivables

Trust

2023-1

5.84%,

10/19/2026

903‌

903‌

AmeriCredit

Automobile

Receivables

Trust

2023-2

6.19%,

04/19/2027

1,160‌

1,164‌

AmeriCredit

Automobile

Receivables

Trust

2024-1

5.75%,

02/18/2028

735‌

736‌

BMW

Vehicle

Owner

Trust

2024-A

5.42%,

02/25/2027

1,600‌

1,604‌

Carmax

Auto

Owner

Trust

2023-2

5.50%,

06/15/2026

577‌

577‌

Carmax

Auto

Owner

Trust

2024-3

5.21%,

09/15/2027

1,325‌

1,326‌

Chase

Auto

Owner

Trust

2024-1

5.48%,

04/26/2027

(g)

1,685‌

1,686‌

Chase

Auto

Owner

Trust

2024-2

5.66%,

05/26/2027

(g)

1,515‌

1,518‌

Chase

Auto

Owner

Trust

2024-4

5.25%,

09/27/2027

(g)

1,380‌

1,380‌

Drive

Auto

Receivables

Trust

2024-1

5.83%,

12/15/2026

750‌

751‌

Ford

Credit

Auto

Lease

Trust

2023-A

4.83%,

05/15/2026

1,650‌

1,644‌

Ford

Credit

Auto

Owner

Trust

2023-A

5.14%,

03/15/2026

628‌

627‌

GM

Financial

Automobile

Leasing

Trust

2023-3

5.38%,

11/20/2026

1,580‌

1,584‌

GM

Financial

Automobile

Leasing

Trust

2024-1

5.18%,

06/22/2026

1,586‌

1,585‌

GM

Financial

Consumer

Automobile

Receivables

Trust

2023-1

5.19%,

03/16/2026

240‌

239‌

GM

Financial

Consumer

Automobile

Receivables

Trust

2023-2

5.10%,

05/18/2026

447‌

447‌

GM

Financial

Consumer

Automobile

Receivables

Trust

2023-3

5.45%,

06/16/2028

790‌

796‌

Honda

Auto

Receivables

2023-4

Owner

Trust

5.87%,

06/22/2026

961‌

963‌

Hyundai

Auto

Receivables

Trust

2023-A

5.19%,

12/15/2025

386‌

386‌

Mercedes-Benz

Auto

Lease

Trust

2024-A

5.44%,

02/16/2027

1,165‌

1,169‌

Mercedes-Benz

Auto

Receivables

Trust

2023-2

5.92%,

11/16/2026

1,520‌

1,523‌

Nissan

Auto

Lease

Trust

2023-B

5.69%,

07/15/2026

1,700‌

1,704‌

Nissan

Auto

Receivables

2022-B

Owner

Trust

4.50%,

08/15/2025

79‌

79‌

Santander

Drive

Auto

Receivables

Trust

2023-4

5.73%,

04/17/2028

1,670‌

1,678‌

6.18%,

02/16/2027

984‌

985‌

Santander

Drive

Auto

Receivables

Trust

2023-5

6.31%,

07/15/2027

1,595‌

1,599‌

Schedule

of

Investments

Core

Plus

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

13

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Automobile

Asset

Backed

Securities

(continued)

Santander

Drive

Auto

Receivables

Trust

2024-1

5.71%,

02/16/2027

$

651‌

$

651‌

Santander

Drive

Auto

Receivables

Trust

2024-2

5.80%,

09/15/2027

1,268‌

1,269‌

SBNA

Auto

Receivables

Trust

2024-A

5.70%,

03/15/2027

(g)

1,553‌

1,553‌

Tesla

Electric

Vehicle

Trust

2023-1

5.54%,

12/21/2026

(g)

1,358‌

1,358‌

Toyota

Auto

Receivables

2022-B

Owner

Trust

2.93%,

09/15/2026

211‌

208‌

Volkswagen

Auto

Lease

Trust

2023-A

5.87%,

01/20/2026

1,312‌

1,313‌

World

Omni

Auto

Receivables

Trust

2021-A

0.30%,

01/15/2026

103‌

103‌

World

Omni

Auto

Receivables

Trust

2023-C

5.15%,

11/15/2028

1,250‌

1,255‌

$

38,028‌

Automobile

Manufacturers

-

1

.34

%

Ford

Motor

Co

3.25%,

02/12/2032

330‌

277‌

9.63%,

04/22/2030

20‌

24‌

Ford

Motor

Credit

Co

LLC

3.38%,

11/13/2025

265‌

258‌

5.80%,

03/08/2029

1,010‌

1,020‌

5.85%,

05/17/2027

275‌

278‌

6.13%,

03/08/2034

335‌

335‌

6.80%,

11/07/2028

300‌

315‌

Ford

Otomotiv

Sanayi

AS

7.13%,

04/25/2029

(g)

450‌

459‌

General

Motors

Financial

Co

Inc

1.20%,

10/15/2024

475‌

471‌

1.25%,

01/08/2026

1,100‌

1,041‌

Hyundai

Capital

America

5.25%,

01/08/2027

(g)

855‌

860‌

5.30%,

06/24/2029

(g),(h)

345‌

350‌

5.40%,

01/08/2031

(g)

355‌

360‌

5.40%,

06/24/2031

(g)

290‌

295‌

5.45%,

06/24/2026

(g)

970‌

978‌

6.50%,

01/16/2029

(g)

265‌

280‌

$

7,601‌

Automobile

Parts

&

Equipment

-

0

.21

%

Dana

Inc

5.38%,

11/15/2027

630‌

619‌

Phinia

Inc

6.75%,

04/15/2029

(g)

430‌

439‌

Tenneco

Inc

8.00%,

11/17/2028

(g)

125‌

113‌

$

1,171‌

Banks

-

10

.88

%

AIB

Group

PLC

5.87%,

03/28/2035

(g),(j)

815‌

835‌

Secured

Overnight

Financing

Rate

+

1.91%

Banco

Santander

SA

2.75%,

05/28/2025

1,600‌

1,566‌

5.37%,

07/15/2028

(j)

1,000‌

1,009‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

0.95%

8.00%,

02/01/2034

(f),(i),(j),(k)

600‌

606‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.91%

Bank

of

America

Corp

1.66%,

03/11/2027

(j)

1,250‌

1,184‌

Secured

Overnight

Financing

Rate

+

0.91%

1.73%,

07/22/2027

(j)

1,900‌

1,783‌

Secured

Overnight

Financing

Rate

+

0.96%

2.48%,

09/21/2036

(j)

1,340‌

1,100‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

1.20%

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

Bank

of

America

Corp  

(continued)

2.68%,

06/19/2041

(j)

$

1,635‌

$

1,172‌

Secured

Overnight

Financing

Rate

+

1.93%

2.69%,

04/22/2032

(j)

861‌

744‌

Secured

Overnight

Financing

Rate

+

1.32%

3.85%,

03/08/2037

(j)

200‌

180‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.00%

4.20%,

08/26/2024

435‌

434‌

4.83%,

07/22/2026

(j)

1,000‌

995‌

Secured

Overnight

Financing

Rate

+

1.75%

Bank

of

Montreal

5.72%,

09/25/2028

580‌

601‌

Bank

of

New

York

Mellon

Corp/The

4.97%,

04/26/2034

(j)

760‌

758‌

Secured

Overnight

Financing

Rate

+

1.61%

6.32%,

10/25/2029

(j)

245‌

260‌

Secured

Overnight

Financing

Rate

+

1.60%

Barclays

PLC

2.28%,

11/24/2027

(j)

500‌

469‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.05%

2.85%,

05/07/2026

(j)

1,100‌

1,078‌

Secured

Overnight

Financing

Rate

+

2.71%

6.50%,

09/13/2027

(j)

450‌

462‌

Secured

Overnight

Financing

Rate

+

1.88%

Citigroup

Inc

3.11%,

04/08/2026

(j)

1,125‌

1,107‌

Secured

Overnight

Financing

Rate

+

2.84%

3.20%,

10/21/2026

650‌

628‌

3.79%,

03/17/2033

(j)

1,275‌

1,163‌

Secured

Overnight

Financing

Rate

+

1.94%

Commonwealth

Bank

of

Australia

5.84%,

03/13/2034

(g)

550‌

565‌

Danske

Bank

A/S

5.43%,

03/01/2028

(g),(j)

970‌

982‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

0.95%

5.71%,

03/01/2030

(g),(j)

920‌

941‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.40%

Deutsche

Bank

AG/New

York

NY

5.71%,

02/08/2028

(j)

1,165‌

1,177‌

Secured

Overnight

Financing

Rate

+

1.59%

Goldman

Sachs

Group

Inc/The

3.85%,

01/26/2027

2,403‌

2,351‌

5.05%,

07/23/2030

(j)

755‌

759‌

Secured

Overnight

Financing

Rate

+

1.21%

5.80%,

08/10/2026

(j)

500‌

502‌

Secured

Overnight

Financing

Rate

+

1.08%

HSBC

Holdings

PLC

5.60%,

05/17/2028

(j)

830‌

842‌

Secured

Overnight

Financing

Rate

+

1.06%

5.73%,

05/17/2032

(j)

850‌

871‌

Secured

Overnight

Financing

Rate

+

1.52%

Huntington

Bancshares

Inc/OH

5.71%,

02/02/2035

(j)

530‌

536‌

Secured

Overnight

Financing

Rate

+

1.87%

6.21%,

08/21/2029

(j)

675‌

702‌

Secured

Overnight

Financing

Rate

+

2.02%

JPMorgan

Chase

&

Co

2.08%,

04/22/2026

(j)

1,435‌

1,402‌

Secured

Overnight

Financing

Rate

+

1.85%

4.60%,

02/01/2025

(f),(j)

390‌

387‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.13%

4.91%,

07/25/2033

(j)

2,055‌

2,036‌

Secured

Overnight

Financing

Rate

+

2.08%

Schedule

of

Investments

Core

Plus

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

14

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

JPMorgan

Chase

&

Co  

(continued)

5.04%,

01/23/2028

(j)

$

265‌

$

266‌

Secured

Overnight

Financing

Rate

+

1.19%

5.34%,

01/23/2035

(j)

725‌

736‌

Secured

Overnight

Financing

Rate

+

1.62%

5.77%,

04/22/2035

(j)

376‌

394‌

Secured

Overnight

Financing

Rate

+

1.49%

6.09%,

10/23/2029

(j)

675‌

708‌

Secured

Overnight

Financing

Rate

+

1.57%

Mizuho

Financial

Group

Inc

5.38%,

05/26/2030

(j)

1,365‌

1,389‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.12%

Morgan

Stanley

0.99%,

12/10/2026

(j)

4,490‌

4,235‌

Secured

Overnight

Financing

Rate

+

0.72%

2.48%,

09/16/2036

(j)

1,140‌

924‌

Secured

Overnight

Financing

Rate

+

1.36%

4.35%,

09/08/2026

2,500‌

2,470‌

5.17%,

01/16/2030

(j)

300‌

304‌

Secured

Overnight

Financing

Rate

+

1.45%

5.32%,

07/19/2035

(j)

235‌

237‌

Secured

Overnight

Financing

Rate

+

1.56%

5.47%,

01/18/2035

(j)

370‌

377‌

Secured

Overnight

Financing

Rate

+

1.73%

5.83%,

04/19/2035

(j)

180‌

188‌

Secured

Overnight

Financing

Rate

+

1.58%

PNC

Financial

Services

Group

Inc/The

5.40%,

07/23/2035

(j)

170‌

172‌

Secured

Overnight

Financing

Rate

+

1.60%

5.49%,

05/14/2030

(j)

1,070‌

1,096‌

Secured

Overnight

Financing

Rate

+

1.20%

5.68%,

01/22/2035

(j)

1,680‌

1,733‌

Secured

Overnight

Financing

Rate

+

1.90%

6.88%,

10/20/2034

(j)

571‌

635‌

Secured

Overnight

Financing

Rate

+

2.28%

Royal

Bank

of

Canada

4.97%,

08/02/2030

(j)

175‌

177‌

Secured

Overnight

Financing

Rate

+

1.10%

Standard

Chartered

PLC

2.82%,

01/30/2026

(g),(j)

430‌

424‌

3

Month

USD

LIBOR

+

1.21%

State

Street

Corp

4.82%,

01/26/2034

(j)

270‌

267‌

Secured

Overnight

Financing

Rate

+

1.57%

Swedbank

AB

5.41%,

03/14/2029

(g)

630‌

641‌

Truist

Financial

Corp

5.44%,

01/24/2030

(j)

410‌

416‌

Secured

Overnight

Financing

Rate

+

1.62%

5.71%,

01/24/2035

(j)

200‌

204‌

Secured

Overnight

Financing

Rate

+

1.92%

5.90%,

10/28/2026

(j)

560‌

564‌

Secured

Overnight

Financing

Rate

+

1.63%

7.16%,

10/30/2029

(j)

290‌

312‌

Secured

Overnight

Financing

Rate

+

2.45%

UBS

AG/Stamford

CT

2.95%,

04/09/2025

2,585‌

2,542‌

UBS

Group

AG

1.36%,

01/30/2027

(g),(j)

460‌

434‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.08%

2.19%,

06/05/2026

(g),(j)

750‌

730‌

Secured

Overnight

Financing

Rate

+

2.04%

4.75%,

05/12/2028

(g),(j)

320‌

318‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.75%

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

UBS

Group

AG  

(continued)

5.43%,

02/08/2030

(g),(j)

$

775‌

$

787‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.52%

5.70%,

02/08/2035

(g),(j)

315‌

322‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.77%

UniCredit

SpA

1.98%,

06/03/2027

(g),(j)

600‌

566‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.20%

US

Bancorp

5.10%,

07/23/2030

(j)

400‌

404‌

Secured

Overnight

Financing

Rate

+

1.25%

Wells

Fargo

&

Co

4.61%,

04/25/2053

(j)

485‌

430‌

Secured

Overnight

Financing

Rate

+

2.13%

4.90%,

07/25/2033

(j)

45‌

44‌

Secured

Overnight

Financing

Rate

+

2.10%

5.20%,

01/23/2030

(j)

500‌

506‌

Secured

Overnight

Financing

Rate

+

1.50%

Westpac

Banking

Corp

4.11%,

07/24/2034

(j)

1,465‌

1,383‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.00%

4.42%,

07/24/2039

2,160‌

1,981‌

$

61,503‌

Beverages

-

0

.20

%

Anheuser-Busch

InBev

Worldwide

Inc

4.38%,

04/15/2038

290‌

271‌

4.60%,

04/15/2048

955‌

870‌

$

1,141‌

Biotechnology

-

0

.26

%

Amgen

Inc

5.60%,

03/02/2043

780‌

788‌

CSL

Finance

PLC

4.75%,

04/27/2052

(g)

750‌

678‌

$

1,466‌

Building

Materials

-

0

.74

%

AmeriTex

HoldCo

Intermediate

LLC

10.25%,

10/15/2028

(g),(h)

1,240‌

1,318‌

Cemex

SAB

de

CV

9.13%,

03/14/2028

(f),(g),(j)

525‌

566‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

5.16%

CRH

America

Finance

Inc

5.40%,

05/21/2034

430‌

437‌

Miter

Brands

Acquisition

Holdco

Inc

/

MIWD

Borrower

LLC

6.75%,

04/01/2032

(g)

110‌

112‌

Smyrna

Ready

Mix

Concrete

LLC

6.00%,

11/01/2028

(g)

1,489‌

1,475‌

Trane

Technologies

Financing

Ltd

5.10%,

06/13/2034

285‌

290‌

$

4,198‌

Chemicals

-

0

.54

%

Consolidated

Energy

Finance

SA

5.63%,

10/15/2028

(g)

365‌

292‌

6.50%,

05/15/2026

(g)

150‌

145‌

Ecolab

Inc

2.70%,

12/15/2051

1,070‌

687‌

Element

Solutions

Inc

3.88%,

09/01/2028

(g)

317‌

294‌

International

Flavors

&

Fragrances

Inc

1.83%,

10/15/2027

(g)

625‌

567‌

OCP

SA

6.75%,

05/02/2034

(g)

500‌

521‌

Schedule

of

Investments

Core

Plus

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

15

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Chemicals

(continued)

Olympus

Water

US

Holding

Corp

4.25%,

10/01/2028

(g)

$

375‌

$

346‌

Sociedad

Quimica

y

Minera

de

Chile

SA

6.50%,

11/07/2033

(g)

200‌

209‌

$

3,061‌

Commercial

Mortgage

Backed

Securities

-

4

.61

%

Benchmark

2021-B25

Mortgage

Trust

2.58%,

04/15/2054

500‌

417‌

BX

Commercial

Mortgage

Trust

2021-XL2

6.13%,

10/15/2038

(g)

2,083‌

2,061‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.80%

BX

Commercial

Mortgage

Trust

2023-VLT3

7.27%,

11/15/2028

(g)

1,250‌

1,237‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.94%

BX

Commercial

Mortgage

Trust

2023-XL3

7.09%,

12/09/2040

(g)

619‌

620‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.76%

BX

Trust

2024-BIO

6.97%,

02/15/2041

(g)

3,000‌

2,979‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.64%

CAMB

Commercial

Mortgage

Trust

2019-LIFE

6.70%,

12/15/2037

(g)

2,550‌

2,550‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.37%

Citigroup

Commercial

Mortgage

Trust

2019-C7

3.10%,

12/15/2072

1,500‌

1,372‌

COMM

2013-CCRE6

Mortgage

Trust

3.86%,

03/10/2046

(g),(l)

464‌

328‌

ELM

Trust

2024-ELM

5.80%,

06/10/2039

(g),(l)

2,000‌

2,024‌

GS

Mortgage

Securities

Trust

2020-GSA2

2.01%,

12/12/2053

3,600‌

2,966‌

JPMBB

Commercial

Mortgage

Securities

Trust

2014-C24

0.79%,

11/15/2047

(l),(m)

4,434‌

—‌

ORL

Trust

2023-GLKS

7.68%,

10/19/2036

(g)

1,650‌

1,652‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.35%

SMRT

2022-MINI

6.33%,

01/15/2039

(g)

1,700‌

1,679‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.00%

SREIT

Trust

2021-MFP

6.17%,

11/15/2038

(g)

2,464‌

2,436‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.85%

SREIT

Trust

2021-MFP2

6.27%,

11/15/2036

(g)

1,000‌

987‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.94%

Wells

Fargo

Commercial

Mortgage

Trust

2014-LC18

3.15%,

12/15/2047

2,765‌

2,742‌

$

26,050‌

Commercial

Services

-

0

.95

%

Albion

Financing

1

SARL

/

Aggreko

Holdings

Inc

6.13%,

10/15/2026

(g)

395‌

390‌

Albion

Financing

2

Sarl

8.75%,

04/15/2027

(g)

520‌

527‌

Ashtead

Capital

Inc

5.80%,

04/15/2034

(g)

445‌

453‌

Garda

World

Security

Corp

6.00%,

06/01/2029

(g)

1,080‌

1,001‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Commercial

Services

(continued)

Prime

Security

Services

Borrower

LLC

/

Prime

Finance

Inc

6.25%,

01/15/2028

(g)

$

190‌

$

189‌

United

Rentals

North

America

Inc

3.88%,

02/15/2031

125‌

113‌

4.88%,

01/15/2028

249‌

244‌

WASH

Multifamily

Acquisition

Inc

5.75%,

04/15/2026

(g)

1,460‌

1,437‌

Williams

Scotsman

Inc

4.63%,

08/15/2028

(g)

580‌

552‌

6.13%,

06/15/2025

(g)

201‌

201‌

ZipRecruiter

Inc

5.00%,

01/15/2030

(g)

300‌

262‌

$

5,369‌

Computers

-

0

.11

%

Amentum

Escrow

Corp

7.25%,

08/01/2032

(g),(i)

60‌

61‌

NCR

Voyix

Corp

5.13%,

04/15/2029

(g)

135‌

129‌

5.25%,

10/01/2030

(g)

105‌

99‌

Seagate

HDD

Cayman

8.50%,

07/15/2031

25‌

27‌

9.63%,

12/01/2032

259‌

297‌

$

613‌

Consumer

Products

-

0

.03

%

Kronos

Acquisition

Holdings

Inc

8.25%,

06/30/2031

(g)

185‌

187‌

Credit

Card

Asset

Backed

Securities

-

5

.25

%

American

Express

Credit

Account

Master

Trust

0.90%,

11/15/2026

775‌

765‌

3.39%,

05/15/2027

2,775‌

2,737‌

3.75%,

08/15/2027

1,400‌

1,382‌

BA

Credit

Card

Trust

3.53%,

11/15/2027

2,050‌

2,021‌

Barclays

Dryrock

Issuance

Trust

3.07%,

02/15/2028

4,375‌

4,306‌

Capital

One

Multi-Asset

Execution

Trust

1.04%,

11/15/2026

4,360‌

4,305‌

2.80%,

03/15/2027

1,750‌

1,723‌

3.49%,

05/15/2027

3,063‌

3,022‌

Discover

Card

Execution

Note

Trust

1.96%,

02/15/2027

6,140‌

6,030‌

3.56%,

07/15/2027

3,460‌

3,410‌

$

29,701‌

Diversified

Financial

Services

-

3

.26

%

AerCap

Holdings

NV

5.88%,

10/10/2079

(j)

355‌

354‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.54%

AerCap

Ireland

Capital

DAC

/

AerCap

Global

Aviation

Trust

2.45%,

10/29/2026

1,880‌

1,776‌

3.00%,

10/29/2028

1,345‌

1,245‌

3.40%,

10/29/2033

400‌

345‌

6.95%,

03/10/2055

(j)

640‌

647‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.72%

Air

Lease

Corp

1.88%,

08/15/2026

1,325‌

1,245‌

2.88%,

01/15/2026

1,195‌

1,155‌

5.30%,

06/25/2026

940‌

946‌

Aircastle

Ltd

5.95%,

02/15/2029

(g)

655‌

667‌

Aircastle

Ltd

/

Aircastle

Ireland

DAC

5.75%,

10/01/2031

(g)

395‌

397‌

Ally

Financial

Inc

5.80%,

05/01/2025

505‌

505‌

Schedule

of

Investments

Core

Plus

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

16

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Diversified

Financial

Services

(continued)

Aviation

Capital

Group

LLC

1.95%,

09/20/2026

(g)

$

1,850‌

$

1,729‌

Credit

Acceptance

Corp

6.63%,

03/15/2026

(h)

580‌

580‌

9.25%,

12/15/2028

(g)

410‌

438‌

Freedom

Mortgage

Holdings

LLC

9.13%,

05/15/2031

(g)

365‌

359‌

Global

Aircraft

Leasing

Co

Ltd

6.50%,

PIK

7.25%;

09/15/2024

(g),(l),(n)

1,125‌

1,106‌

ILFC

E-Capital

Trust

II

7.41%,

12/21/2065

(g)

980‌

827‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.06%

Macquarie

Airfinance

Holdings

Ltd

8.13%,

03/30/2029

(g)

75‌

79‌

8.38%,

05/01/2028

(g)

230‌

244‌

Nuveen

LLC

5.55%,

01/15/2030

(g)

695‌

713‌

OneMain

Finance

Corp

3.50%,

01/15/2027

1,280‌

1,210‌

4.00%,

09/15/2030

65‌

57‌

6.63%,

01/15/2028

70‌

71‌

7.50%,

05/15/2031

155‌

159‌

SLM

Corp

3.13%,

11/02/2026

1,685‌

1,595‌

$

18,449‌

Electric

-

3

.55

%

Abu

Dhabi

National

Energy

Co

PJSC

4.70%,

04/24/2033

(g)

200‌

197‌

Alliant

Energy

Finance

LLC

5.40%,

06/06/2027

(g)

1,625‌

1,648‌

5.95%,

03/30/2029

(g)

305‌

318‌

Avangrid

Inc

3.20%,

04/15/2025

1,115‌

1,097‌

CenterPoint

Energy

Inc

5.25%,

08/10/2026

1,000‌

1,005‌

Clearway

Energy

Operating

LLC

3.75%,

02/15/2031

(g)

140‌

124‌

3.75%,

01/15/2032

(g)

130‌

113‌

4.75%,

03/15/2028

(g)

995‌

955‌

Commonwealth

Edison

Co

4.00%,

03/01/2049

325‌

260‌

Dominion

Energy

Inc

3.07%,

08/15/2024

(l)

1,500‌

1,498‌

DTE

Energy

Co

4.22%,

11/01/2024

(l)

1,000‌

995‌

Duke

Energy

Carolinas

LLC

3.75%,

06/01/2045

500‌

390‌

Duke

Energy

Florida

LLC

6.20%,

11/15/2053

275‌

300‌

Edison

International

4.70%,

08/15/2025

432‌

429‌

Elwood

Energy

LLC

8.16%,

07/05/2026

21‌

19‌

Eversource

Energy

5.45%,

03/01/2028

535‌

544‌

FirstEnergy

Corp

2.25%,

09/01/2030

640‌

547‌

Indianapolis

Power

&

Light

Co

5.70%,

04/01/2054

(g)

345‌

349‌

Monongahela

Power

Co

3.55%,

05/15/2027

(g)

715‌

690‌

National

Rural

Utilities

Cooperative

Finance

Corp

5.45%,

10/30/2025

185‌

186‌

NextEra

Energy

Capital

Holdings

Inc

4.45%,

06/20/2025

(h)

400‌

397‌

5.75%,

09/01/2025

475‌

478‌

6.05%,

03/01/2025

105‌

106‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Electric

(continued)

NextEra

Energy

Operating

Partners

LP

7.25%,

01/15/2029

(g),(h)

$

235‌

$

244‌

Northern

States

Power

Co/WI

5.65%,

06/15/2054

215‌

221‌

NRG

Energy

Inc

3.63%,

02/15/2031

(g)

375‌

328‌

3.88%,

02/15/2032

(g)

35‌

31‌

Oncor

Electric

Delivery

Co

LLC

5.55%,

06/15/2054

(g)

250‌

253‌

Oryx

Funding

Ltd

5.80%,

02/03/2031

200‌

199‌

Pacific

Gas

and

Electric

Co

4.20%,

06/01/2041

535‌

429‌

5.55%,

05/15/2029

575‌

587‌

Perusahaan

Perseroan

Persero

PT

Perusahaan

Listrik

Negara

3.88%,

07/17/2029

(g)

500‌

470‌

Southern

California

Edison

Co

3.65%,

02/01/2050

810‌

598‌

4.20%,

03/01/2029

370‌

361‌

5.45%,

06/01/2031

700‌

723‌

5.65%,

10/01/2028

450‌

465‌

Southern

Co/The

5.70%,

03/15/2034

1,210‌

1,260‌

Southwestern

Public

Service

Co

6.00%,

06/01/2054

210‌

214‌

Vistra

Corp

7.00%,

12/15/2026

(f),(g),(j)

160‌

161‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

5.74%

Vistra

Operations

Co

LLC

4.38%,

05/01/2029

(g)

345‌

326‌

WEC

Energy

Group

Inc

5.00%,

09/27/2025

574‌

574‌

$

20,089‌

Electronics

-

0

.08

%

EquipmentShare.com

Inc

8.63%,

05/15/2032

(g)

130‌

135‌

9.00%,

05/15/2028

(g)

310‌

319‌

$

454‌

Engineering

&

Construction

-

0

.40

%

Aeropuertos

Dominicanos

Siglo

XXI

SA

7.00%,

06/30/2034

(g)

325‌

335‌

CIMIC

Finance

USA

Pty

Ltd

7.00%,

03/25/2034

(g)

283‌

298‌

Global

Infrastructure

Solutions

Inc

5.63%,

06/01/2029

(g)

795‌

765‌

IHS

Holding

Ltd

5.63%,

11/29/2026

(g),(h)

305‌

290‌

Sitios

Latinoamerica

SAB

de

CV

5.38%,

04/04/2032

(g)

575‌

544‌

$

2,232‌

Entertainment

-

1

.12

%

Caesars

Entertainment

Inc

4.63%,

10/15/2029

(g)

1,705‌

1,584‌

6.50%,

02/15/2032

(g)

340‌

345‌

CCM

Merger

Inc

6.38%,

05/01/2026

(g)

1,470‌

1,468‌

Churchill

Downs

Inc

5.75%,

04/01/2030

(g)

525‌

515‌

Cinemark

USA

Inc

5.25%,

07/15/2028

(g),(h)

380‌

367‌

7.00%,

08/01/2032

(g)

105‌

107‌

Warnermedia

Holdings

Inc

3.76%,

03/15/2027

1,025‌

976‌

4.28%,

03/15/2032

425‌

369‌

5.05%,

03/15/2042

505‌

398‌

Schedule

of

Investments

Core

Plus

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

17

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Entertainment

(continued)

Wynn

Resorts

Finance

LLC

/

Wynn

Resorts

Capital

Corp

7.13%,

02/15/2031

(g)

$

195‌

$

203‌

$

6,332‌

Environmental

Control

-

0

.27

%

Madison

IAQ

LLC

4.13%,

06/30/2028

(g)

1,255‌

1,172‌

Waste

Connections

Inc

4.20%,

01/15/2033

400‌

381‌

$

1,553‌

Food

-

1

.30

%

Albertsons

Cos

Inc

/

Safeway

Inc

/

New

Albertsons

LP

/

Albertsons

LLC

3.50%,

03/15/2029

(g)

300‌

273‌

4.63%,

01/15/2027

(g)

1,180‌

1,150‌

B&G

Foods

Inc

5.25%,

09/15/2027

(h)

330‌

309‌

8.00%,

09/15/2028

(g),(h)

395‌

403‌

Cencosud

SA

5.95%,

05/28/2031

(g)

250‌

254‌

Chobani

LLC

/

Chobani

Finance

Corp

Inc

7.63%,

07/01/2029

(g)

1,045‌

1,083‌

Fiesta

Purchaser

Inc

7.88%,

03/01/2031

(g)

85‌

89‌

JBS

USA

Holding

Lux

Sarl/

JBS

USA

Food

Co/

JBS

Lux

Co

Sarl

4.38%,

02/02/2052

1,421‌

1,071‌

5.13%,

02/01/2028

1,720‌

1,717‌

7.25%,

11/15/2053

(g)

250‌

276‌

Pilgrim's

Pride

Corp

3.50%,

03/01/2032

100‌

87‌

4.25%,

04/15/2031

360‌

334‌

Post

Holdings

Inc

4.50%,

09/15/2031

(g)

320‌

291‌

4.63%,

04/15/2030

(g)

25‌

23‌

$

7,360‌

Forest

Products

&

Paper

-

0

.05

%

Inversiones

CMPC

SA

6.13%,

06/23/2033

(g)

250‌

256‌

Gas

-

0

.18

%

NiSource

Inc

0.95%,

08/15/2025

1,000‌

958‌

5.25%,

03/30/2028

60‌

61‌

$

1,019‌

Healthcare

-

Products

-

0

.02

%

Medline

Borrower

LP

3.88%,

04/01/2029

(g)

115‌

107‌

Healthcare

-

Services

-

1

.09

%

Acadia

Healthcare

Co

Inc

5.00%,

04/15/2029

(g)

295‌

282‌

Centene

Corp

2.63%,

08/01/2031

990‌

825‌

4.25%,

12/15/2027

405‌

392‌

CHS/Community

Health

Systems

Inc

5.63%,

03/15/2027

(g)

685‌

656‌

HCA

Inc

3.13%,

03/15/2027

935‌

896‌

3.50%,

07/15/2051

470‌

323‌

5.45%,

04/01/2031

265‌

270‌

6.00%,

04/01/2054

300‌

302‌

Legacy

LifePoint

Health

LLC

4.38%,

02/15/2027

(g)

400‌

387‌

Tenet

Healthcare

Corp

6.13%,

06/15/2030

310‌

311‌

6.75%,

05/15/2031

70‌

72‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Healthcare

-

Services

(continued)

UnitedHealth

Group

Inc

4.75%,

05/15/2052

$

715‌

$

646‌

5.38%,

04/15/2054

120‌

119‌

5.63%,

07/15/2054

315‌

323‌

5.75%,

07/15/2064

320‌

329‌

$

6,133‌

Home

Builders

-

0

.39

%

Adams

Homes

Inc

9.25%,

10/15/2028

(g)

285‌

295‌

Forestar

Group

Inc

3.85%,

05/15/2026

(g)

55‌

53‌

5.00%,

03/01/2028

(g)

1,940‌

1,868‌

$

2,216‌

Home

Equity

Asset

Backed

Securities

-

0

.15

%

Chase

Funding

Trust

Series

2003-5

6.06%,

07/25/2033

596‌

586‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.71%

First

NLC

Trust

2005-1

4.03%,

05/25/2035

158‌

136‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.61%

Saxon

Asset

Securities

Trust

2004-1

2.00%,

03/25/2035

207‌

110‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.81%

$

832‌

Insurance

-

1

.20

%

Acrisure

LLC

/

Acrisure

Finance

Inc

4.25%,

02/15/2029

(g)

360‌

331‌

American

International

Group

Inc

5.13%,

03/27/2033

380‌

383‌

Aon

North

America

Inc

5.15%,

03/01/2029

1,250‌

1,270‌

5.75%,

03/01/2054

300‌

303‌

Arch

Capital

Group

Ltd

3.64%,

06/30/2050

725‌

526‌

Arthur

J

Gallagher

&

Co

2.40%,

11/09/2031

960‌

799‌

6.50%,

02/15/2034

250‌

271‌

Athene

Holding

Ltd

6.25%,

04/01/2054

515‌

525‌

Chubb

INA

Holdings

LLC

3.35%,

05/03/2026

539‌

526‌

Corebridge

Financial

Inc

5.75%,

01/15/2034

645‌

664‌

F&G

Global

Funding

5.88%,

06/10/2027

(g)

670‌

677‌

Marsh

&

McLennan

Cos

Inc

6.25%,

11/01/2052

160‌

179‌

MetLife

Inc

5.00%,

07/15/2052

195‌

183‌

Teachers

Insurance

&

Annuity

Association

of

America

4.27%,

05/15/2047

(g)

200‌

165‌

$

6,802‌

Internet

-

0

.32

%

Alibaba

Group

Holding

Ltd

2.13%,

02/09/2031

(h)

450‌

382‌

Cogent

Communications

Group

Inc

/

Cogent

Communications

Finance

Inc

7.00%,

06/15/2027

(g)

225‌

227‌

Meta

Platforms

Inc

4.45%,

08/15/2052

390‌

342‌

Netflix

Inc

4.88%,

04/15/2028

150‌

151‌

5.40%,

08/15/2054

(i)

165‌

167‌

5.88%,

11/15/2028

385‌

404‌

Schedule

of

Investments

Core

Plus

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

18

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Internet

(continued)

Tencent

Holdings

Ltd

3.84%,

04/22/2051

(g)

$

200‌

$

152‌

$

1,825‌

Investment

Companies

-

0

.37

%

Blackstone

Private

Credit

Fund

4.70%,

03/24/2025

610‌

604‌

Compass

Group

Diversified

Holdings

LLC

5.25%,

04/15/2029

(g)

360‌

345‌

Icahn

Enterprises

LP

/

Icahn

Enterprises

Finance

Corp

4.38%,

02/01/2029

395‌

344‌

5.25%,

05/15/2027

510‌

489‌

6.25%,

05/15/2026

325‌

324‌

$

2,106‌

Leisure

Products

&

Services

-

0

.41

%

Carnival

Holdings

Bermuda

Ltd

10.38%,

05/01/2028

(g)

425‌

460‌

NCL

Corp

Ltd

3.63%,

12/15/2024

(g)

85‌

84‌

5.88%,

02/15/2027

(g)

160‌

159‌

NCL

Finance

Ltd

6.13%,

03/15/2028

(g),(h)

950‌

951‌

Royal

Caribbean

Cruises

Ltd

5.38%,

07/15/2027

(g)

645‌

641‌

$

2,295‌

Lodging

-

0

.34

%

Sands

China

Ltd

3.80%,

01/08/2026

350‌

340‌

Station

Casinos

LLC

6.63%,

03/15/2032

(g)

210‌

212‌

Wynn

Macau

Ltd

5.63%,

08/26/2028

(g)

1,475‌

1,397‌

$

1,949‌

Machinery

-

Diversified

-

0

.37

%

Ingersoll

Rand

Inc

5.18%,

06/15/2029

710‌

723‌

Maxim

Crane

Works

Holdings

Capital

LLC

11.50%,

09/01/2028

(g)

965‌

993‌

Westinghouse

Air

Brake

Technologies

Corp

3.20%,

06/15/2025

355‌

348‌

$

2,064‌

Media

-

0

.75

%

CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp

4.50%,

08/15/2030

(g)

409‌

358‌

Charter

Communications

Operating

LLC

/

Charter

Communications

Operating

Capital

4.80%,

03/01/2050

580‌

438‌

6.10%,

06/01/2029

580‌

593‌

Comcast

Corp

5.50%,

11/15/2032

900‌

940‌

5.65%,

06/01/2054

(h)

150‌

153‌

CSC

Holdings

LLC

4.50%,

11/15/2031

(g)

200‌

138‌

Directv

Financing

LLC

8.88%,

02/01/2030

(g)

50‌

50‌

Directv

Financing

LLC

/

Directv

Financing

Co-

Obligor

Inc

5.88%,

08/15/2027

(g)

75‌

72‌

DISH

Network

Corp

11.75%,

11/15/2027

(g)

540‌

541‌

Paramount

Global

4.20%,

05/19/2032

375‌

320‌

Sunrise

HoldCo

IV

BV

5.50%,

01/15/2028

(g)

345‌

337‌

Ziggo

BV

4.88%,

01/15/2030

(g)

300‌

273‌

$

4,213‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Mining

-

0

.58

%

Corp

Nacional

del

Cobre

de

Chile

4.25%,

07/17/2042

(g)

$

200‌

$

159‌

Glencore

Funding

LLC

5.37%,

04/04/2029

(g)

1,050‌

1,065‌

6.13%,

10/06/2028

(g)

550‌

572‌

Hudbay

Minerals

Inc

4.50%,

04/01/2026

(g)

495‌

484‌

6.13%,

04/01/2029

(g)

110‌

110‌

IAMGOLD

Corp

5.75%,

10/15/2028

(g)

175‌

168‌

New

Gold

Inc

7.50%,

07/15/2027

(g)

180‌

182‌

Taseko

Mines

Ltd

8.25%,

05/01/2030

(g)

530‌

544‌

$

3,284‌

Mortgage

Backed

Securities

-

5

.68

%

Fannie

Mae

REMICS

0.59%,

08/25/2049

(m)

6,086‌

685‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.94%

0.64%,

08/25/2043

(m)

1,245‌

129‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.99%

0.69%,

12/25/2042

(m)

4,554‌

521‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

6.04%

0.69%,

01/25/2048

(m)

1,758‌

225‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

6.04%

0.74%,

03/25/2048

(m)

2,146‌

265‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

6.09%

0.74%,

06/25/2048

(m)

2,342‌

317‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

6.09%

3.00%,

04/25/2027

(m)

358‌

10‌

3.00%,

09/25/2050

(m)

2,045‌

335‌

3.50%,

09/25/2027

(m)

563‌

18‌

3.50%,

11/25/2027

(m)

149‌

5‌

3.50%,

05/25/2028

(m)

147‌

3‌

4.00%,

04/25/2043

(m)

137‌

9‌

Freddie

Mac

REMICS

0.60%,

10/15/2046

(m)

2,839‌

353‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.94%

0.69%,

06/25/2050

(m)

2,432‌

307‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

6.04%

2.00%,

02/15/2036

47‌

45‌

3.00%,

05/15/2027

(m)

284‌

7‌

3.00%,

10/15/2027

(m)

116‌

3‌

3.00%,

02/15/2029

(m)

566‌

14‌

3.50%,

02/15/2028

(m)

283‌

8‌

3.50%,

01/15/2040

(m)

60‌

—‌

3.50%,

03/15/2041

(m)

651‌

26‌

5.90%,

05/15/2049

2,357‌

2,322‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.56%

Ginnie

Mae

0.16%,

04/20/2052

(m)

2,538‌

303‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.50%

0.59%,

11/20/2040

(m)

1,197‌

138‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.94%

0.59%,

05/20/2046

(m)

285‌

39‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.94%

Schedule

of

Investments

Core

Plus

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

19

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Mortgage

Backed

Securities

(continued)

Ginnie

Mae  

(continued)

0.61%,

12/16/2043

(m)

$

2,664‌

$

264‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.94%

0.64%,

11/20/2046

(m)

2,170‌

249‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.99%

0.69%,

08/20/2044

(m)

1,005‌

129‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.04%

0.69%,

03/20/2047

(m)

1,232‌

169‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.04%

0.74%,

10/20/2045

(m)

1,008‌

123‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.09%

0.74%,

08/20/2047

(m)

4,083‌

690‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.09%

0.74%,

08/20/2047

(m)

1,449‌

180‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.09%

0.74%,

08/20/2047

(m)

495‌

67‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.09%

0.74%,

11/20/2047

(m)

731‌

96‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.09%

0.79%,

06/20/2045

(m)

1,336‌

168‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.14%

0.79%,

10/20/2047

(m)

1,862‌

259‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.14%

0.84%,

08/20/2050

(m)

2,564‌

355‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.19%

0.84%,

09/20/2050

(m)

2,732‌

367‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.19%

0.84%,

11/20/2050

(m)

1,788‌

253‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.19%

0.84%,

08/20/2051

(m)

1,653‌

226‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.19%

1.09%,

04/20/2041

(m)

502‌

64‌

(1.10)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.97%

2.50%,

12/20/2050

(m)

2,615‌

387‌

3.00%,

07/20/2050

(m)

553‌

79‌

3.00%,

11/20/2050

(m)

1,444‌

227‌

3.00%,

11/20/2050

(m)

2,098‌

332‌

3.00%,

11/20/2050

(m)

2,409‌

431‌

3.50%,

01/20/2043

(m)

1,919‌

305‌

3.50%,

10/20/2049

(m)

856‌

153‌

4.00%,

03/16/2039

(m)

100‌

1‌

4.00%,

09/20/2040

(m)

462‌

23‌

4.50%,

05/16/2043

(m)

786‌

134‌

J.P.

Morgan

Mortgage

Trust

2024-1

6.00%,

06/25/2054

(g),(l)

4,192‌

4,204‌

JP

Morgan

Mortgage

Trust

2024-2

6.00%,

08/25/2054

(g),(l)

5,171‌

5,198‌

JP

Morgan

Mortgage

Trust

Series

2024-4

6.00%,

10/25/2054

(g),(l)

2,755‌

2,764‌

Sequoia

Mortgage

Trust

2024-2

6.00%,

12/25/2053

(g),(l)

3,721‌

3,730‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Mortgage

Backed

Securities

(continued)

Sequoia

Mortgage

Trust

2024-3

6.00%,

04/25/2054

(g),(l)

$

4,380‌

$

4,389‌

$

32,103‌

Oil

&

Gas

-

2

.48

%

Aethon

United

BR

LP

/

Aethon

United

Finance

Corp

8.25%,

02/15/2026

(g)

1,885‌

1,910‌

Ascent

Resources

Utica

Holdings

LLC

/

ARU

Finance

Corp

7.00%,

11/01/2026

(g)

895‌

896‌

Civitas

Resources

Inc

8.63%,

11/01/2030

(g)

330‌

356‌

Comstock

Resources

Inc

6.75%,

03/01/2029

(g)

330‌

319‌

CrownRock

LP

/

CrownRock

Finance

Inc

5.63%,

10/15/2025

(g)

265‌

265‌

Diamondback

Energy

Inc

5.75%,

04/18/2054

460‌

455‌

5.90%,

04/18/2064

380‌

378‌

Ecopetrol

SA

8.88%,

01/13/2033

250‌

261‌

Marathon

Oil

Corp

6.60%,

10/01/2037

285‌

317‌

MEG

Energy

Corp

7.13%,

02/01/2027

(g)

109‌

110‌

Occidental

Petroleum

Corp

5.20%,

08/01/2029

220‌

221‌

5.55%,

03/15/2026

975‌

978‌

5.88%,

09/01/2025

1,010‌

1,014‌

6.60%,

03/15/2046

720‌

767‌

Permian

Resources

Operating

LLC

6.25%,

02/01/2033

(g),(i)

135‌

136‌

8.00%,

04/15/2027

(g)

700‌

723‌

Pertamina

Persero

PT

3.10%,

08/27/2030

(g)

200‌

178‌

Petroleos

Mexicanos

6.70%,

02/16/2032

278‌

237‌

Puma

International

Financing

SA

7.75%,

04/25/2029

(g)

450‌

456‌

Saudi

Arabian

Oil

Co

3.25%,

11/24/2050

(g)

300‌

202‌

5.75%,

07/17/2054

(g)

400‌

392‌

SM

Energy

Co

7.00%,

08/01/2032

(g)

185‌

187‌

Southwestern

Energy

Co

4.75%,

02/01/2032

380‌

355‌

Sunoco

LP

/

Sunoco

Finance

Corp

4.50%,

04/30/2030

395‌

369‌

Tengizchevroil

Finance

Co

International

Ltd

2.63%,

08/15/2025

(g)

975‌

937‌

Transocean

Inc

8.25%,

05/15/2029

(g)

690‌

705‌

8.50%,

05/15/2031

(g)

535‌

548‌

Vital

Energy

Inc

7.88%,

04/15/2032

(g)

180‌

183‌

9.75%,

10/15/2030

160‌

175‌

$

14,030‌

Oil

&

Gas

Services

-

0

.39

%

Archrock

Partners

LP

/

Archrock

Partners

Finance

Corp

6.25%,

04/01/2028

(g)

1,335‌

1,332‌

Enerflex

Ltd

9.00%,

10/15/2027

(g)

820‌

845‌

$

2,177‌

Other

Asset

Backed

Securities

-

0

.49

%

MMAF

Equipment

Finance

LLC

2019-B

2.07%,

07/13/2026

(g)

1,109‌

1,093‌

Schedule

of

Investments

Core

Plus

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

20

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Other

Asset

Backed

Securities

(continued)

Verizon

Master

Trust

1.53%,

07/20/2028

$

1,725‌

$

1,693‌

$

2,786‌

Packaging

&

Containers

-

0

.79

%

Canpack

SA

/

Canpack

US

LLC

3.13%,

11/01/2025

(g)

200‌

192‌

Clydesdale

Acquisition

Holdings

Inc

6.63%,

04/15/2029

(g)

595‌

593‌

6.88%,

01/15/2030

(g),(i)

55‌

55‌

8.75%,

04/15/2030

(g)

515‌

505‌

Crown

Cork

&

Seal

Co

Inc

7.38%,

12/15/2026

356‌

371‌

Graphic

Packaging

International

LLC

4.13%,

08/15/2024

125‌

125‌

LABL

Inc

5.88%,

11/01/2028

(g)

205‌

189‌

6.75%,

07/15/2026

(g)

1,070‌

1,064‌

Mauser

Packaging

Solutions

Holding

Co

7.88%,

04/15/2027

(g)

720‌

743‌

Smurfit

Kappa

Treasury

ULC

5.20%,

01/15/2030

(g)

600‌

610‌

$

4,447‌

Pharmaceuticals

-

1

.01

%

AbbVie

Inc

4.05%,

11/21/2039

500‌

447‌

4.95%,

03/15/2031

855‌

872‌

5.40%,

03/15/2054

285‌

289‌

AdaptHealth

LLC

5.13%,

03/01/2030

(g),(h)

410‌

366‌

6.13%,

08/01/2028

(g)

910‌

887‌

Bausch

Health

Cos

Inc

5.50%,

11/01/2025

(g)

710‌

665‌

Bayer

US

Finance

LLC

6.25%,

01/21/2029

(g)

400‌

416‌

Becton

Dickinson

&

Co

4.69%,

02/13/2028

865‌

865‌

BellRing

Brands

Inc

7.00%,

03/15/2030

(g)

275‌

283‌

Endo

Finance

Holdings

Inc

8.50%,

04/15/2031

(g)

170‌

179‌

Jazz

Securities

DAC

4.38%,

01/15/2029

(g)

285‌

268‌

Owens

&

Minor

Inc

4.50%,

03/31/2029

(g),(h)

202‌

178‌

$

5,715‌

Pipelines

-

3

.00

%

Antero

Midstream

Partners

LP

/

Antero

Midstream

Finance

Corp

5.38%,

06/15/2029

(g)

205‌

200‌

5.75%,

03/01/2027

(g)

155‌

155‌

Cheniere

Energy

Inc

5.65%,

04/15/2034

(g)

385‌

391‌

Columbia

Pipelines

Holding

Co

LLC

6.04%,

08/15/2028

(g)

1,105‌

1,148‌

DT

Midstream

Inc

4.13%,

06/15/2029

(g)

1,405‌

1,313‌

Energy

Transfer

LP

3.75%,

05/15/2030

965‌

909‌

5.15%,

03/15/2045

1,625‌

1,470‌

5.25%,

07/01/2029

885‌

895‌

5.55%,

02/15/2028

1,065‌

1,085‌

6.05%,

09/01/2054

285‌

286‌

Enterprise

Products

Operating

LLC

3.13%,

07/31/2029

500‌

467‌

EQM

Midstream

Partners

LP

4.75%,

01/15/2031

(g)

160‌

151‌

6.00%,

07/01/2025

(g)

89‌

89‌

6.38%,

04/01/2029

(g)

165‌

168‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Pipelines

(continued)

EQM

Midstream

Partners

LP  

(continued)

7.50%,

06/01/2027

(g)

$

910‌

$

935‌

Genesis

Energy

LP

/

Genesis

Energy

Finance

Corp

8.25%,

01/15/2029

345‌

359‌

Hess

Midstream

Operations

LP

4.25%,

02/15/2030

(g)

590‌

548‌

5.63%,

02/15/2026

(g)

1,050‌

1,044‌

Kinder

Morgan

Inc

5.00%,

02/01/2029

520‌

524‌

5.40%,

02/01/2034

650‌

655‌

NGL

Energy

Operating

LLC

/

NGL

Energy

Finance

Corp

8.13%,

02/15/2029

(g)

1,165‌

1,181‌

NuStar

Logistics

LP

5.75%,

10/01/2025

335‌

335‌

Sabine

Pass

Liquefaction

LLC

4.20%,

03/15/2028

465‌

455‌

5.00%,

03/15/2027

275‌

276‌

Venture

Global

Calcasieu

Pass

LLC

3.88%,

11/01/2033

(g)

410‌

355‌

Venture

Global

LNG

Inc

7.00%,

01/15/2030

(g)

100‌

101‌

8.38%,

06/01/2031

(g)

135‌

142‌

9.50%,

02/01/2029

(g)

775‌

862‌

Williams

Cos

Inc/The

5.40%,

03/02/2026

475‌

478‌

$

16,977‌

Private

Equity

-

0

.17

%

HAT

Holdings

I

LLC

/

HAT

Holdings

II

LLC

3.38%,

06/15/2026

(g)

425‌

406‌

3.75%,

09/15/2030

(g),(h)

268‌

235‌

8.00%,

06/15/2027

(g)

285‌

298‌

$

939‌

REITs

-

1

.08

%

American

Homes

4

Rent

LP

5.50%,

07/15/2034

425‌

428‌

American

Tower

Corp

1.30%,

09/15/2025

445‌

426‌

5.50%,

03/15/2028

335‌

342‌

Crown

Castle

Inc

5.80%,

03/01/2034

350‌

364‌

Iron

Mountain

Information

Management

Services

Inc

5.00%,

07/15/2032

(g)

390‌

364‌

Ladder

Capital

Finance

Holdings

LLLP

/

Ladder

Capital

Finance

Corp

4.75%,

06/15/2029

(g)

1,073‌

1,020‌

7.00%,

07/15/2031

(g)

60‌

61‌

Mid-America

Apartments

LP

2.88%,

09/15/2051

646‌

412‌

Park

Intermediate

Holdings

LLC

/

PK

Domestic

Property

LLC

/

PK

Finance

Co-Issuer

4.88%,

05/15/2029

(g)

640‌

605‌

5.88%,

10/01/2028

(g)

25‌

25‌

7.00%,

02/01/2030

(g)

150‌

153‌

VICI

Properties

LP

/

VICI

Note

Co

Inc

3.50%,

02/15/2025

(g)

230‌

227‌

4.13%,

08/15/2030

(g)

865‌

802‌

XHR

LP

4.88%,

06/01/2029

(g)

766‌

723‌

6.38%,

08/15/2025

(g)

165‌

165‌

$

6,117‌

Retail

-

0

.74

%

Bath

&

Body

Works

Inc

5.25%,

02/01/2028

1,575‌

1,543‌

6.63%,

10/01/2030

(g)

200‌

202‌

9.38%,

07/01/2025

(g)

41‌

42‌

Schedule

of

Investments

Core

Plus

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

21

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Retail

(continued)

Fertitta

Entertainment

LLC

/

Fertitta

Entertainment

Finance

Co

Inc

4.63%,

01/15/2029

(g)

$

345‌

$

322‌

Patrick

Industries

Inc

4.75%,

05/01/2029

(g)

490‌

457‌

7.50%,

10/15/2027

(g)

480‌

482‌

Victra

Holdings

LLC

/

Victra

Finance

Corp

7.75%,

02/15/2026

(g)

1,155‌

1,160‌

$

4,208‌

Semiconductors

-

1

.05

%

Broadcom

Inc

3.14%,

11/15/2035

(g)

75‌

62‌

3.42%,

04/15/2033

(g)

2,180‌

1,925‌

5.05%,

07/12/2029

300‌

304‌

5.15%,

11/15/2031

340‌

344‌

Marvell

Technology

Inc

2.95%,

04/15/2031

465‌

409‌

5.95%,

09/15/2033

510‌

536‌

Micron

Technology

Inc

5.30%,

01/15/2031

790‌

804‌

6.75%,

11/01/2029

370‌

399‌

NXP

BV

/

NXP

Funding

LLC

5.35%,

03/01/2026

1,000‌

1,004‌

NXP

BV

/

NXP

Funding

LLC

/

NXP

USA

Inc

2.70%,

05/01/2025

135‌

132‌

$

5,919‌

Software

-

1

.41

%

Cloud

Software

Group

Inc

6.50%,

03/31/2029

(g)

25‌

24‌

9.00%,

09/30/2029

(g)

565‌

562‌

Open

Text

Corp

3.88%,

12/01/2029

(g)

320‌

290‌

Oracle

Corp

1.65%,

03/25/2026

525‌

498‌

2.50%,

04/01/2025

270‌

265‌

2.80%,

04/01/2027

525‌

500‌

3.95%,

03/25/2051

670‌

509‌

4.00%,

07/15/2046

250‌

197‌

6.15%,

11/09/2029

370‌

394‌

Take-Two

Interactive

Software

Inc

3.55%,

04/14/2025

955‌

942‌

4.00%,

04/14/2032

410‌

382‌

4.95%,

03/28/2028

500‌

503‌

5.40%,

06/12/2029

275‌

281‌

VMware

LLC

1.40%,

08/15/2026

1,500‌

1,399‌

1.80%,

08/15/2028

1,360‌

1,212‌

$

7,958‌

Sovereign

-

0

.29

%

Bahrain

Government

International

Bond

7.50%,

02/12/2036

(g)

300‌

311‌

Hungary

Government

International

Bond

6.13%,

05/22/2028

(g)

350‌

359‌

Istanbul

Metropolitan

Municipality

10.50%,

12/06/2028

(g)

300‌

324‌

Peruvian

Government

International

Bond

5.63%,

11/18/2050

200‌

198‌

Serbia

International

Bond

6.00%,

06/12/2034

(g)

440‌

438‌

$

1,630‌

Telecommunications

-

1

.68

%

AT&T

Inc

2.30%,

06/01/2027

450‌

422‌

2.55%,

12/01/2033

535‌

438‌

2.75%,

06/01/2031

315‌

276‌

3.50%,

09/15/2053

2,668‌

1,865‌

Frontier

Communications

Holdings

LLC

8.63%,

03/15/2031

(g)

190‌

199‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Telecommunications

(continued)

Level

3

Financing

Inc

10.50%,

05/15/2030

(g)

$

320‌

$

327‌

T-Mobile

USA

Inc

2.40%,

03/15/2029

910‌

822‌

2.55%,

02/15/2031

650‌

565‌

2.63%,

04/15/2026

550‌

529‌

3.50%,

04/15/2025

715‌

705‌

3.50%,

04/15/2031

1,800‌

1,647‌

6.00%,

06/15/2054

250‌

264‌

Verizon

Communications

Inc

2.55%,

03/21/2031

1,131‌

980‌

2.88%,

11/20/2050

220‌

142‌

Viavi

Solutions

Inc

3.75%,

10/01/2029

(g)

355‌

308‌

$

9,489‌

Transportation

-

0

.32

%

Burlington

Northern

Santa

Fe

LLC

4.45%,

01/15/2053

185‌

163‌

Eletson

Holdings

Inc

/

Eletson

Finance

US

LLC

/

Agathonissos

Finance

LLC

0.00%,

01/15/2022

(d),(e)

1,749‌

9‌

GN

Bondco

LLC

9.50%,

10/15/2031

(g),(h)

15‌

14‌

Navios

South

American

Logistics

Inc

/

Navios

Logistics

Finance

US

Inc

10.75%,

07/01/2025

(g)

740‌

739‌

Norfolk

Southern

Corp

5.35%,

08/01/2054

450‌

441‌

RXO

Inc

7.50%,

11/15/2027

(g)

415‌

426‌

$

1,792‌

Trucking

&

Leasing

-

0

.10

%

Penske

Truck

Leasing

Co

Lp

/

PTL

Finance

Corp

5.75%,

05/24/2026

(g)

575‌

581‌

Water

-

0

.17

%

Aegea

Finance

Sarl

9.00%,

01/20/2031

(g)

550‌

580‌

Essential

Utilities

Inc

2.70%,

04/15/2030

400‌

357‌

$

937‌

TOTAL

BONDS

$

404,695‌

SENIOR

FLOATING

RATE

INTERESTS

-

2

.35

%

Principal

Amount

(000's)

Value

(000's)

Aerospace

&

Defense

-

0

.00

%

TransDigm

Inc

7.84%,

02/28/2031

(o)

$

25‌

$

25‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Airlines

-

0

.26

%

AAdvantage

Loyalty

IP

Ltd

10.29%,

04/20/2028

(o)

191‌

198‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.75%

United

Airlines

Inc

8.03%,

02/15/2031

(o)

135‌

135‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

WestJet

Loyalty

LP

9.08%,

01/31/2031

(o)

1,132‌

1,133‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.75%

$

1,466‌

Automobile

Parts

&

Equipment

-

0

.01

%

Tenneco

Inc

10.43%,

11/17/2028

(o)

65‌

62‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.00%

Schedule

of

Investments

Core

Plus

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

22

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Building

Materials

-

0

.03

%

MIWD

Holdco

II

LLC

8.84%,

03/21/2031

(o)

$

195‌

$

195‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

Commercial

Services

-

0

.09

%

Boost

Newco

Borrower

LLC

7.26%,

01/31/2031

(o)

210‌

210‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Garda

World

Security

Corp

9.59%,

02/01/2029

(o)

282‌

283‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.25%

$

493‌

Computers

-

0

.27

%

Virtusa

Corp

8.59%,

02/15/2029

(o)

1,511‌

1,515‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

Consumer

Products

-

0

.14

%

Kronos

Acquisition

Holdings

Inc

0.60%,

06/27/2031

(o)

780‌

768‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

Entertainment

-

0

.09

%

Lions

Gate

Capital

Holdings

LLC

7.11%,

03/24/2025

(o)

499‌

498‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.00%

Food

-

0

.07

%

Fiesta

Purchaser

Inc

9.34%,

01/31/2031

(o)

375‌

377‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

Healthcare

-

Products

-

0

.15

%

Medline

Borrower

LP

8.10%,

10/23/2028

(o)

853‌

856‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

Healthcare

-

Services

-

0

.06

%

Star

Parent

Inc

9.08%,

09/27/2030

(o)

359‌

360‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.00%

Lodging

-

0

.25

%

Fertitta

Entertainment

LLC/NV

9.08%,

01/27/2029

(o)

1,433‌

1,436‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

Media

-

0

.27

%

CSC

Holdings

LLC

7.94%,

04/15/2027

(o)

628‌

534‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Directv

Financing

LLC

10.71%,

08/02/2029

(o)

1,006‌

1,003‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.25%

$

1,537‌

Mining

-

0

.11

%

Arsenal

AIC

Parent

LLC

9.09%,

08/18/2030

(o)

607‌

608‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Pharmaceuticals

-

0

.24

%

Jazz

Financing

Lux

Sarl

2.85%,

05/05/2028

(o)

$

1,364‌

$

1,365‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

Retail

-

0

.30

%

Foundation

Building

Materials

Inc

4.60%,

01/24/2031

(o)

90‌

89‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

IRB

Holding

Corp

7.61%,

12/15/2027

(o)

1,577‌

1,577‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

$

1,666‌

Software

-

0

.01

%

Project

Boost

Purchaser

LLC

7.78%,

07/02/2031

(o)

80‌

80‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

TOTAL

SENIOR

FLOATING

RATE

INTERESTS

$

13,307‌

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

-

31

.21

%

Principal

Amount

(000's)

Value

(000's)

Federal

Home

Loan

Mortgage

Corporation

(FHLMC)

-

1

.22

%

3.00%,

01/01/2043

$

1,214‌

$

1,103‌

3.00%,

02/01/2043

559‌

508‌

4.00%,

02/01/2046

2,344‌

2,260‌

4.50%,

04/01/2031

211‌

210‌

4.50%,

04/01/2041

1,397‌

1,386‌

5.00%,

06/01/2031

145‌

146‌

5.50%,

05/01/2033

18‌

18‌

5.50%,

12/01/2033

265‌

268‌

5.50%,

11/01/2036

270‌

274‌

5.50%,

04/01/2038

58‌

59‌

5.50%,

08/01/2038

133‌

136‌

6.00%,

06/01/2028

1‌

1‌

6.00%,

12/01/2031

7‌

8‌

6.00%,

12/01/2032

8‌

8‌

6.00%,

02/01/2033

39‌

40‌

6.00%,

12/01/2033

17‌

17‌

6.00%,

10/01/2036

70‌

72‌

6.00%,

07/01/2038

315‌

326‌

6.50%,

03/01/2029

1‌

1‌

6.50%,

05/01/2029

2‌

2‌

6.50%,

04/01/2031

1‌

1‌

6.50%,

02/01/2032

1‌

1‌

6.50%,

05/01/2032

3‌

3‌

6.50%,

10/01/2035

19‌

20‌

7.00%,

12/01/2029

2‌

2‌

7.00%,

06/01/2030

5‌

5‌

7.50%,

01/01/2031

2‌

3‌

7.50%,

03/01/2031

1‌

1‌

7.50%,

02/01/2032

1‌

1‌

8.00%,

09/01/2030

30‌

30‌

$

6,910‌

Federal

National

Mortgage

Association

(FNMA)

-

0

.18

%

5.00%,

07/01/2044

790‌

799‌

6.71%,

07/01/2033

199‌

202‌

1.00

x

Refinitiv

USD

IBOR

Consumer

Cash

Fallback

12-Month

+

1.57%

$

1,001‌

Federal

National

Mortgage

Association

(FNMA)/Federal

Home

Loan

Mortgage

Corporation

(FHLMC)

Uniform

Mortgage-Backed

Security

-

18

.39

%

2.00%,

01/01/2051

4,124‌

3,423‌

2.00%,

02/01/2051

2,187‌

1,797‌

2.00%,

03/01/2051

3,633‌

3,012‌

2.00%,

11/01/2051

4,127‌

3,379‌

2.00%,

11/01/2051

4,521‌

3,699‌

2.00%,

12/01/2051

4,162‌

3,394‌

Schedule

of

Investments

Core

Plus

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

23

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Federal

National

Mortgage

Association

(FNMA)/Federal

Home

Loan

Mortgage

Corporation

(FHLMC)

Uniform

Mortgage-Backed

Security

(continued)

2.00%,

05/01/2052

$

3,010‌

$

2,470‌

2.50%,

02/01/2051

2,678‌

2,299‌

2.50%,

07/01/2051

2,991‌

2,545‌

2.50%,

09/01/2051

3,952‌

3,382‌

2.50%,

09/01/2051

1,361‌

1,165‌

2.50%,

11/01/2051

1,855‌

1,583‌

2.50%,

01/01/2052

1,904‌

1,633‌

2.50%,

04/01/2052

3,183‌

2,699‌

3.00%,

10/01/2029

26‌

25‌

3.00%,

09/01/2032

57‌

54‌

3.00%,

04/01/2043

189‌

171‌

3.00%,

05/01/2043

347‌

314‌

3.00%,

11/01/2046

2,416‌

2,163‌

3.00%,

12/01/2048

60‌

53‌

3.00%,

11/01/2050

743‌

662‌

3.00%,

03/01/2052

5,259‌

4,658‌

3.50%,

02/01/2033

10‌

10‌

3.50%,

01/01/2044

607‌

568‌

3.50%,

11/01/2044

1,166‌

1,090‌

3.50%,

04/01/2047

75‌

70‌

3.50%,

10/01/2047

32‌

30‌

3.50%,

11/01/2047

871‌

805‌

3.50%,

03/01/2048

17‌

16‌

3.50%,

04/01/2052

2,677‌

2,441‌

3.50%,

06/01/2052

3,263‌

2,975‌

4.00%,

02/01/2031

74‌

72‌

4.00%,

03/01/2034

257‌

252‌

4.00%,

05/01/2047

2,190‌

2,094‌

4.00%,

06/01/2048

6‌

6‌

4.00%,

08/01/2052

2,212‌

2,083‌

4.50%,

06/01/2044

306‌

302‌

4.50%,

05/01/2053

1,783‌

1,727‌

4.50%,

07/01/2053

745‌

726‌

5.00%,

06/01/2048

555‌

558‌

5.00%,

07/01/2052

1,033‌

1,028‌

5.00%,

09/01/2052

1,401‌

1,391‌

5.00%,

04/01/2053

2,399‌

2,386‌

5.00%,

06/01/2053

2,562‌

2,540‌

5.00%,

08/01/2054

(p)

5,710‌

5,623‌

5.50%,

07/01/2033

17‌

18‌

5.50%,

09/01/2033

45‌

46‌

5.50%,

05/01/2040

83‌

84‌

5.50%,

05/01/2053

2,781‌

2,800‌

5.50%,

11/01/2053

1,921‌

1,935‌

5.50%,

11/01/2053

2,033‌

2,049‌

5.50%,

08/01/2054

(p)

7,280‌

7,291‌

6.00%,

02/01/2038

58‌

59‌

6.00%,

05/01/2038

27‌

28‌

6.00%,

08/01/2038

126‌

129‌

6.00%,

08/01/2038

53‌

54‌

6.00%,

01/01/2053

4,068‌

4,207‌

6.00%,

08/01/2054

(p)

8,985‌

9,112‌

6.50%,

12/01/2031

2‌

2‌

6.50%,

02/01/2032

1‌

1‌

6.50%,

04/01/2032

1‌

1‌

6.50%,

07/01/2037

108‌

113‌

6.50%,

12/01/2037

90‌

93‌

6.50%,

02/01/2038

138‌

145‌

6.50%,

09/01/2038

153‌

160‌

6.50%,

08/01/2054

(p)

2,215‌

2,271‌

7.00%,

03/01/2032

11‌

11‌

7.50%,

08/01/2032

3‌

3‌

$

103,985‌

Government

National

Mortgage

Association

(GNMA)

-

8

.80

%

2.00%,

07/20/2051

2,354‌

1,951‌

2.00%,

11/20/2051

1,219‌

1,011‌

2.50%,

06/20/2050

1,138‌

983‌

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Government

National

Mortgage

Association

(GNMA)

(continued)

2.50%,

04/20/2051

$

1,325‌

$

1,140‌

2.50%,

05/20/2051

1,585‌

1,364‌

3.00%,

06/20/2043

953‌

867‌

3.00%,

01/20/2045

352‌

320‌

3.00%,

06/20/2046

173‌

157‌

3.00%,

07/20/2046

744‌

674‌

3.00%,

11/20/2046

1,161‌

1,050‌

3.50%,

03/15/2042

486‌

459‌

3.50%,

04/15/2042

411‌

388‌

3.50%,

09/20/2044

48‌

44‌

3.50%,

09/20/2047

552‌

515‌

3.50%,

06/20/2048

737‌

683‌

3.50%,

04/20/2052

2,130‌

1,958‌

4.00%,

01/20/2048

1,683‌

1,606‌

4.00%,

04/20/2052

362‌

342‌

4.50%,

06/20/2025

92‌

92‌

4.50%,

09/15/2039

151‌

150‌

4.50%,

03/15/2040

640‌

635‌

4.50%,

09/20/2052

1,738‌

1,686‌

5.00%,

11/15/2033

543‌

549‌

5.00%,

06/15/2034

8‌

8‌

5.00%,

02/15/2042

430‌

438‌

5.00%,

12/20/2052

1,243‌

1,232‌

5.00%,

02/20/2053

1,831‌

1,814‌

5.00%,

08/20/2054

(p)

6,125‌

6,057‌

5.50%,

05/20/2035

21‌

22‌

5.50%,

02/15/2038

216‌

222‌

5.50%,

08/20/2054

(p)

9,750‌

9,779‌

6.00%,

07/20/2028

5‌

5‌

6.00%,

11/20/2028

5‌

6‌

6.00%,

01/20/2029

6‌

6‌

6.00%,

07/20/2029

1‌

1‌

6.00%,

08/15/2031

11‌

11‌

6.00%,

01/15/2032

1‌

1‌

6.00%,

02/15/2032

4‌

4‌

6.00%,

02/15/2033

9‌

10‌

6.00%,

12/15/2033

8‌

9‌

6.00%,

08/20/2054

(p)

8,625‌

8,726‌

6.50%,

03/20/2028

1‌

1‌

6.50%,

05/20/2029

1‌

1‌

6.50%,

10/15/2032

3‌

3‌

6.50%,

12/15/2032

24‌

24‌

6.50%,

08/20/2054

(p)

2,650‌

2,699‌

7.00%,

06/15/2031

3‌

3‌

7.00%,

06/15/2032

18‌

19‌

8.00%,

01/20/2031

1‌

1‌

$

49,726‌

U.S.

Treasury

-

0

.94

%

1.88%,

11/15/2051

1,300‌

780‌

3.88%,

08/15/2040

(q)

4,720‌

4,518‌

$

5,298‌

U.S.

Treasury

Bill

-

1

.68

%

5.20%,

11/29/2024

(r)

4,875‌

4,793‌

5.34%,

09/24/2024

(r)

4,765‌

4,728‌

$

9,521‌

TOTAL

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

$

176,441‌

Total

Investments

$

621,927‌

Other

Assets

and

Liabilities

-  (10.03)%

(

56,677‌

)

TOTAL

NET

ASSETS

-

100.00%

$

565,250‌

Schedule

of

Investments

Core

Plus

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

24

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$5,969

or

1.06%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Non-income

producing

security

(e)

The

value

of

these

investments

was

determined

using

significant

unobservable

inputs,

in

good

faith

by

the

Manager,

under

procedures

established

and

periodically

reviewed

by

the

Board

of

Directors.

(f)

Perpetual

security.

Perpetual

securities

pay

an

indefinite

stream

of

interest,

but

they

may

be

called

by

the

issuer

at

an

earlier

date.

Date

shown,

if

any,

reflects

the

next

call

date

or

final

legal

maturity

date.

Rate

shown

is

as

of

period

end.

(g)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$158,282

or

28.00%

of

net

assets.

(h)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$5,721

or

1.01%

of

net

assets.

(i)

Security

purchased

on

a

when-issued

basis.

(j)

Rate

shown

is

as

of

period

end.

The

rate

may

be

a

variable

or

floating

rate

or

a

fixed

rate

which

may

convert

to

a

variable

or

floating

rate

in

the

future.

(k)

Security

is

a

contingent

convertible

security,

("CoCo").

CoCo's

are

hybrid

debt

securities

that

may

convert

to

equity

or

have

their

principal

written

down

upon

occurrence

of

certain

"triggers".

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$606

or

0.11%

of

net

assets.

(l)

Certain

variable

rate

securities

are

not

based

on

a

published

reference

rate

and

spread

but

are

determined

by

the

issuer

or

agent

and

are

based

on

current

market

conditions.  These

securities

do

not

indicate

a

reference

rate

and

spread

in

their

description.

Rate

shown

is

the

rate

in

effect

as

of

period

end.

(m)

Security

is

an

Interest

Only

Strip.

(n)

Payment

in

kind;

the

issuer

has

the

option

of

paying

additional

securities

in

lieu

of

cash.

(o)

Rate

information

disclosed

is

based

on

an

average

weighted

rate

of

the

underlying

tranches

as

of

period

end.

(p)

Security

was

purchased

in

a

"to-be-announced"

("TBA")

transaction.

(q)

Security

or

a

portion

of

the

security

was

pledged

to

cover

margin

requirements

for

futures

contracts.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$4,236

or

0.75%

of

net

assets.

(r)

Rate

shown

is

the

discount

rate

of

the

original

purchase.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

10,531‌

$

243,205‌

$

230,654‌

$

23,082‌

$

10,531‌

$

243,205‌

$

230,654‌

$

23,082‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

407‌

$

—‌

$

—‌

$

—‌

$

407‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

US

10

Year

Note;

September

2024

Long

176‌

$

19,679‌

$

443‌

US

10

Year

Ultra

Note;

September

2024

Long

109‌

12,598‌

356‌

US

2

Year

Note;

September

2024

Long

124‌

25,465‌

50‌

US

5

Year

Note;

September

2024

Long

680‌

73,366‌

939‌

US

Long

Bond;

September

2024

Long

412‌

49,762‌

1,669‌

US

Ultra

Bond;

September

2024

Long

25‌

3,199‌

108‌

Total

$

3,565‌

Amounts

in

thousands

except

contracts.

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

25

INVESTMENT

COMPANIES

-

7.16%

Shares

Held

Value

(000's)

Closed-End

Funds

-

2.15%

Cliffwater

Enhanced

Lending

Fund

2,672,811‌

$

29,294‌

Variant

Alternative

Income

Fund

1,032,702‌

28,306‌

$

57,600‌

Exchange-Traded

Funds

-

1.29%

iShares

Broad

USD

High

Yield

Corporate

Bond

ETF

366,025‌

13,506‌

iShares

Core

U.S.

Aggregate

Bond

ETF

38,225‌

3,789‌

iShares

J.P.

Morgan

USD

Emerging

Markets

Bond

ETF

41,350‌

3,740‌

Vanguard

Intermediate-Term

Corporate

Bond

ETF

166,225‌

13,579‌

$

34,614‌

Money

Market

Funds

-

3.72%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

4,106,199‌

4,107‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b),(c)

95,846,420‌

95,846‌

$

99,953‌

TOTAL

INVESTMENT

COMPANIES

$

192,167‌

COMMON

STOCKS

-

2.26%

Shares

Held

Value

(000's)

Distribution

&

Wholesale

-

0.21%

ATD

New

Holdings

Inc

(d)

385,347‌

$

5,511‌

Entertainment

-

0.05%

Crown

Finance

US

Inc

-

1145

Shares

(d)

360‌

7‌

Crown

Finance

US

Inc

-

4A2

Shares

(d)

67,603‌

1,267‌

$

1,274‌

Healthcare

-

Services

-

0.02%

Sound

Inpatient

Physicians

Inc

-

Class

A

(d),(e)

4,387,648‌

263‌

Sound

Inpatient

Physicians

Inc

-

Class

A2

(d),(e)

204,373‌

205‌

$

468‌

Iron

&

Steel

-

0.63%

Specialty

Steel

Holdings,

Inc.

(d),(e)

87‌

17,037‌

Mining

-

1.16%

Arctic

Canadian

Diamond

Co

Ltd

(d),(e),(f)

6,589‌

1,571‌

Burgundy

Diamond

Mines

Ltd

(d)

11,967,877‌

1,292‌

Real

Alloy

Holding

Inc

(e)

362‌

28,277‌

$

31,140‌

Miscellaneous

Manufacturers

-

0.17%

Utex

Industries

120,675‌

4,546‌

Utex

Industries

-

Warrants

(d),(e)

53,725‌

5‌

$

4,551‌

Retail

-

0.00%

Jo-Ann

Stores

LLC

(d),(e)

3,755‌

4‌

Semiconductors

-

0.00%

Bright

Bidco

-

1145

Shares

(d)

10,688‌

7‌

Bright

Bidco

-

4A2

Shares

(d)

14,600‌

9‌

$

16‌

Software

-

0.02%

Avaya

Holdings

Corp

(d)

12,271‌

84‌

Avaya

Holdings

Corp

(d)

46,100‌

314‌

Skillsoft

Corp

(d)

11,541‌

198‌

$

596‌

TOTAL

COMMON

STOCKS

$

60,597‌

PREFERRED

STOCKS

-

1.01%

Shares

Held

Value

(000's)

Banks

-

0.14%

KeyCorp

6.13%,

12/15/2026

(g)

46,140‌

$

1,099‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.15%

Morgan

Stanley

5.85%,

04/15/2027

(g)

59,100‌

1,442‌

3

Month

USD

LIBOR

+

3.49%

Morgan

Stanley

6.50%,

10/15/2027

(g)

8,715‌

224‌

Northern

Trust

Corp

4.70%,

01/01/2025

(g)

4,858‌

100‌

Regions

Financial

Corp

0.00%,

09/15/2029

(d),(g)

3,900‌

97‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.77%

Regions

Financial

Corp

5.70%,

05/15/2029

(g)

37,100‌

858‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.41%

$

3,820‌

PREFERRED

STOCKS

(continued)

Shares

Held

Value

(000’s)

Diversified

Financial

Services

-

0.09%

Affiliated

Managers

Group

Inc

4.75%,

09/30/2060

2,874‌

$

55‌

Affiliated

Managers

Group

Inc

5.88%,

03/30/2059

7,463‌

167‌

Capital

One

Financial

Corp

4.80%,

06/01/2025

(g)

13,934‌

261‌

Stifel

Financial

Corp

4.50%,

08/15/2026

(g)

2,239‌

41‌

Voya

Financial

Inc

5.35%,

09/15/2029

(g)

77,215‌

1,890‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.21%

$

2,414‌

Electric

-

0.33%

CMS

Energy

Corp

5.88%,

03/01/2079

189,839‌

4,581‌

DTE

Energy

Co

4.38%,

12/01/2081

6,005‌

118‌

DTE

Energy

Co

5.25%,

12/01/2077

35,000‌

808‌

Entergy

Louisiana

LLC

4.88%,

09/01/2066

9,359‌

202‌

NextEra

Energy

Capital

Holdings

Inc

5.65%,

03/01/2079

102,304‌

2,490‌

Southern

Co/The

5.25%,

12/01/2077

30,863‌

713‌

$

8,912‌

Food

-

0.04%

Dairy

Farmers

of

America

Inc

7.88%,

12/01/2025

(g),(h)

10,000‌

975‌

Insurance

-

0.05%

Allstate

Corp/The

4.75%,

01/15/2025

(g)

4,065‌

85‌

Allstate

Corp/The

5.10%,

10/15/2024

(g)

8,460‌

183‌

Equitable

Holdings

Inc

4.30%,

03/15/2026

(g)

5,055‌

91‌

Equitable

Holdings

Inc

5.25%,

12/15/2024

(g)

21,903‌

481‌

Prudential

Financial

Inc

5.63%,

08/15/2058

5,000‌

124‌

Prudential

Financial

Inc

5.95%,

09/01/2062

17,597‌

458‌

$

1,422‌

REITs

-

0.33%

Kimco

Realty

Corp

5.25%,

09/03/2024

(g)

5,967‌

131‌

Prologis

Inc

8.54%,

11/13/2026

(g)

67,953‌

3,843‌

Public

Storage

3.95%,

08/17/2026

(g)

6,233‌

110‌

Public

Storage

4.00%,

06/16/2026

(g)

83,260‌

1,455‌

Public

Storage

4.13%,

08/14/2025

(g)

80,000‌

1,466‌

Public

Storage

4.63%,

06/17/2025

(g)

14,712‌

298‌

Public

Storage

4.70%,

11/15/2024

(g)

25,200‌

520‌

Public

Storage

5.60%,

09/03/2024

(g)

38,030‌

939‌

$

8,762‌

Sovereign

-

0.03%

CoBank

ACB

6.20%,

01/01/2025

(g)

7,000‌

696‌

3

Month

USD

LIBOR

+

3.74%

TOTAL

PREFERRED

STOCKS

$

27,001‌

BONDS

-

70.42%

Principal

Amount

(000's)

Value

(000's)

Advertising

-

0.60%

Clear

Channel

Outdoor

Holdings

Inc

7.88%,

04/01/2030

(h)

$

4,870‌

$

4,956‌

9.00%,

09/15/2028

(h),(i)

1,680‌

1,784‌

Interpublic

Group

of

Cos

Inc/The

5.38%,

06/15/2033

100‌

101‌

JCDecaux

SE

2.63%,

04/24/2028

EUR

100‌

105‌

MMS

USA

Holdings

Inc

1.25%,

06/13/2028

100‌

101‌

Omnicom

Group

Inc

4.20%,

06/01/2030

$

100‌

97‌

5.30%,

11/01/2034

(j)

1,316‌

1,315‌

Outfront

Media

Capital

LLC

/

Outfront

Media

Capital

Corp

4.25%,

01/15/2029

(h)

1,350‌

1,252‌

4.63%,

03/15/2030

(h)

2,250‌

2,067‌

5.00%,

08/15/2027

(h)

4,225‌

4,129‌

WPP

Finance

SA

4.13%,

05/30/2028

EUR

100‌

111‌

$

16,018‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

26

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Aerospace

&

Defense

-

1.07%

Airbus

SE

1.63%,

06/09/2030

EUR

100‌

$

100‌

3.15%,

04/10/2027

(h)

$

150‌

145‌

BAE

Systems

PLC

3.40%,

04/15/2030

(h)

200‌

185‌

5.50%,

03/26/2054

(h)

257‌

257‌

Boeing

Co/The

2.95%,

02/01/2030

200‌

176‌

3.10%,

05/01/2026

200‌

192‌

3.38%,

06/15/2046

561‌

369‌

5.15%,

05/01/2030

676‌

666‌

5.71%,

05/01/2040

150‌

143‌

5.81%,

05/01/2050

923‌

860‌

5.93%,

05/01/2060

688‌

633‌

6.26%,

05/01/2027

(h)

519‌

530‌

6.86%,

05/01/2054

(h)

100‌

106‌

7.01%,

05/01/2064

(h)

487‌

516‌

F-Brasile

SpA

/

F-Brasile

US

LLC

7.38%,

08/15/2026

(h)

1,990‌

1,978‌

GE

Capital

Funding

LLC

4.55%,

05/15/2032

200‌

195‌

General

Dynamics

Corp

4.25%,

04/01/2050

125‌

108‌

General

Electric

Co

1.88%,

05/28/2027

EUR

200‌

207‌

HEICO

Corp

5.35%,

08/01/2033

$

100‌

101‌

L3Harris

Technologies

Inc

5.05%,

04/27/2045

100‌

95‌

5.25%,

06/01/2031

635‌

647‌

5.40%,

01/15/2027

100‌

101‌

5.40%,

07/31/2033

617‌

628‌

Lockheed

Martin

Corp

2.80%,

06/15/2050

150‌

99‌

4.75%,

02/15/2034

100‌

100‌

4.95%,

10/15/2025

150‌

150‌

5.90%,

11/15/2063

100‌

109‌

Northrop

Grumman

Corp

4.95%,

03/15/2053

427‌

397‌

5.15%,

05/01/2040

150‌

147‌

5.20%,

06/01/2054

574‌

552‌

5.25%,

05/01/2050

100‌

97‌

RTX

Corp

3.75%,

11/01/2046

150‌

117‌

4.15%,

05/15/2045

150‌

125‌

4.45%,

11/16/2038

100‌

92‌

5.00%,

02/27/2026

200‌

200‌

5.38%,

02/27/2053

841‌

824‌

5.75%,

01/15/2029

200‌

209‌

6.40%,

03/15/2054

556‌

625‌

TransDigm

Inc

4.63%,

01/15/2029

25‌

24‌

4.88%,

05/01/2029

2,200‌

2,094‌

5.50%,

11/15/2027

5,550‌

5,480‌

6.63%,

03/01/2032

(h)

4,600‌

4,705‌

6.88%,

12/15/2030

(h)

1,760‌

1,810‌

7.13%,

12/01/2031

(h)

1,775‌

1,842‌

$

28,736‌

Agriculture

-

0.13%

Altria

Group

Inc

3.70%,

02/04/2051

100‌

70‌

4.00%,

02/04/2061

100‌

72‌

5.95%,

02/14/2049

100‌

101‌

Archer-Daniels-Midland

Co

2.50%,

08/11/2026

200‌

192‌

4.50%,

08/15/2033

100‌

97‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Agriculture

(continued)

BAT

Capital

Corp

6.42%,

08/02/2033

$

300‌

$

322‌

7.08%,

08/02/2043

100‌

110‌

7.08%,

08/02/2053

50‌

55‌

BAT

International

Finance

PLC

2.25%,

06/26/2028

GBP

100‌

116‌

5.93%,

02/02/2029

$

200‌

208‌

BAT

Netherlands

Finance

BV

3.13%,

04/07/2028

EUR

100‌

108‌

British

American

Tobacco

PLC

3.75%,

06/27/2029

(g),(k)

100‌

100‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

3.95%

Bunge

Ltd

Finance

Corp

3.75%,

09/25/2027

$

100‌

97‌

Cargill

Inc

4.76%,

11/23/2045

(h)

100‌

92‌

Darling

Ingredients

Inc

6.00%,

06/15/2030

(h)

600‌

595‌

Imperial

Brands

Finance

Netherlands

BV

1.75%,

03/18/2033

EUR

100‌

89‌

Philip

Morris

International

Inc

0.80%,

08/01/2031

100‌

90‌

2.88%,

05/14/2029

100‌

106‌

4.75%,

02/12/2027

$

200‌

201‌

4.88%,

02/15/2028

200‌

201‌

5.25%,

09/07/2028

75‌

77‌

5.50%,

09/07/2030

100‌

104‌

5.63%,

09/07/2033

200‌

207‌

$

3,410‌

Airlines

-

0.41%

American

Airlines

2017-2

Class

AA

Pass

Through

Trust

3.35%,

04/15/2031

135‌

126‌

American

Airlines

Group

Inc

10.75%,

PIK

10.75%;

02/15/2026

(h),(l),(m)

750‌

773‌

10.75%,

PIK

10.75%;

02/15/2026

(h),(l),(m)

3,850‌

3,966‌

American

Airlines

Inc/AAdvantage

Loyalty

IP

Ltd

5.75%,

04/20/2029

(h)

1,250‌

1,221‌

British

Airways

2019-1

Class

AA

Pass

Through

Trust

3.30%,

06/15/2034

(h)

81‌

74‌

British

Airways

2020-1

Class

A

Pass

Through

Trust

4.25%,

05/15/2034

(h)

120‌

115‌

British

Airways

2021-1

Class

A

Pass

Through

Trust

2.90%,

09/15/2036

(h)

895‌

788‌

Hawaiian

Brand

Intellectual

Property

Ltd

/

HawaiianMiles

Loyalty

Ltd

11.00%,

04/15/2029

(h)

1,073‌

1,023‌

Mileage

Plus

Holdings

LLC

/

Mileage

Plus

Intellectual

Property

Assets

Ltd

6.50%,

06/20/2027

(h)

60‌

60‌

Qantas

Airways

Ltd

2.95%,

11/27/2029

AUD

200‌

115‌

Southwest

Airlines

Co

5.13%,

06/15/2027

$

100‌

100‌

United

Airlines

2023-1

Class

A

Pass

Through

Trust

5.80%,

07/15/2037

98‌

100‌

VistaJet

Malta

Finance

PLC

/

Vista

Management

Holding

Inc

6.38%,

02/01/2030

(h),(i)

900‌

717‌

9.50%,

06/01/2028

(h),(i)

1,925‌

1,723‌

$

10,901‌

Apparel

-

0.08%

Hanesbrands

Inc

9.00%,

02/15/2031

(h),(i)

1,100‌

1,164‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

27

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Apparel

(continued)

Kering

SA

0.75%,

05/13/2028

EUR

100‌

$

99‌

3.63%,

09/05/2027

100‌

110‌

3.63%,

09/05/2031

100‌

109‌

LVMH

Moet

Hennessy

Louis

Vuitton

SE

0.13%,

02/11/2028

300‌

295‌

NIKE

Inc

3.25%,

03/27/2040

$

100‌

80‌

3.38%,

03/27/2050

100‌

74‌

Tapestry

Inc

3.05%,

03/15/2032

100‌

83‌

5.88%,

11/27/2031

EUR

100‌

113‌

VF

Corp

4.25%,

03/07/2029

100‌

107‌

$

2,234‌

Automobile

Asset

Backed

Securities

-

1.05%

AmeriCredit

Automobile

Receivables

Trust

2022-2

4.38%,

04/18/2028

$

1,913‌

1,902‌

AmeriCredit

Automobile

Receivables

Trust

2023-2

6.19%,

04/19/2027

725‌

728‌

AmeriCredit

Automobile

Receivables

Trust

2024-1

5.75%,

02/18/2028

860‌

861‌

BMW

Vehicle

Owner

Trust

2024-A

5.42%,

02/25/2027

1,900‌

1,904‌

Carmax

Auto

Owner

Trust

2023-2

5.50%,

06/15/2026

1,137‌

1,137‌

Carmax

Auto

Owner

Trust

2024-3

5.21%,

09/15/2027

1,500‌

1,502‌

Chase

Auto

Owner

Trust

2024-1

5.48%,

04/26/2027

(h)

1,490‌

1,491‌

Chase

Auto

Owner

Trust

2024-4

4.94%,

07/25/2029

(h)

653‌

654‌

5.25%,

09/27/2027

(h)

1,550‌

1,550‌

Ford

Credit

Auto

Owner

Trust

2022-A

1.29%,

06/15/2026

574‌

564‌

GM

Financial

Automobile

Leasing

Trust

2022-3

4.01%,

09/22/2025

332‌

332‌

GM

Financial

Automobile

Leasing

Trust

2023-3

5.79%,

01/20/2026

730‌

730‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.45%

GM

Financial

Automobile

Leasing

Trust

2024-1

5.18%,

06/22/2026

1,452‌

1,451‌

GM

Financial

Consumer

Automobile

Receivables

Trust

2021-3

0.73%,

08/16/2027

4,000‌

3,829‌

GM

Financial

Consumer

Automobile

Receivables

Trust

2023-3

5.74%,

09/16/2026

477‌

477‌

Honda

Auto

Receivables

2023-2

Owner

Trust

5.41%,

04/15/2026

758‌

758‌

Hyundai

Auto

Receivables

Trust

2024-A

4.99%,

02/15/2029

1,000‌

1,005‌

Santander

Drive

Auto

Receivables

Trust

2023-2

5.87%,

03/16/2026

51‌

51‌

Santander

Drive

Auto

Receivables

Trust

2023-5

6.31%,

07/15/2027

940‌

942‌

Santander

Drive

Auto

Receivables

Trust

2024-1

5.71%,

02/16/2027

607‌

607‌

SBNA

Auto

Lease

Trust

2024-B

5.67%,

11/20/2026

(h)

1,700‌

1,705‌

SBNA

Auto

Receivables

Trust

2024-A

5.70%,

03/15/2027

(h)

1,369‌

1,369‌

Tesla

Electric

Vehicle

Trust

2023-1

5.54%,

12/21/2026

(h)

1,290‌

1,291‌

Toyota

Auto

Receivables

2022-B

Owner

Trust

2.93%,

09/15/2026

650‌

641‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Automobile

Asset

Backed

Securities

(continued)

Toyota

Auto

Receivables

2023-C

Owner

Trust

5.60%,

08/17/2026

$

790‌

$

790‌

$

28,271‌

Automobile

Manufacturers

-

0.91%

American

Honda

Finance

Corp

4.70%,

01/12/2028

200‌

201‌

BMW

Finance

NV

3.63%,

05/22/2035

EUR

150‌

166‌

BMW

US

Capital

LLC

2.80%,

04/11/2026

(h)

$

200‌

194‌

3.75%,

04/12/2028

(h)

200‌

194‌

Cummins

Inc

5.15%,

02/20/2034

50‌

51‌

Daimler

Truck

Finance

North

America

LLC

2.50%,

12/14/2031

(h)

260‌

220‌

3.65%,

04/07/2027

(h)

200‌

194‌

5.13%,

09/25/2027

(h)

238‌

240‌

5.13%,

01/19/2028

(h)

456‌

461‌

5.38%,

06/25/2034

(h)

150‌

152‌

Daimler

Truck

International

Finance

BV

3.88%,

06/19/2026

EUR

100‌

109‌

Ford

Motor

Co

4.75%,

01/15/2043

$

884‌

723‌

5.29%,

12/08/2046

200‌

178‌

Ford

Motor

Credit

Co

LLC

2.90%,

02/10/2029

200‌

179‌

3.38%,

11/13/2025

200‌

195‌

4.00%,

11/13/2030

4,000‌

3,635‌

4.27%,

01/09/2027

300‌

292‌

4.45%,

02/14/2030

EUR

100‌

110‌

5.80%,

03/05/2027

$

375‌

379‌

5.85%,

05/17/2027

1,326‌

1,340‌

6.80%,

11/07/2028

1,090‌

1,143‌

Ford

Otomotiv

Sanayi

AS

7.13%,

04/25/2029

(h)

875‌

892‌

General

Motors

Co

6.13%,

10/01/2025

200‌

202‌

6.25%,

10/02/2043

200‌

204‌

General

Motors

Financial

Co

Inc

2.70%,

06/10/2031

680‌

576‌

4.30%,

02/15/2029

EUR

100‌

111‌

5.60%,

06/18/2031

$

702‌

710‌

5.75%,

02/08/2031

301‌

308‌

5.80%,

06/23/2028

200‌

205‌

5.80%,

01/07/2029

1,521‌

1,564‌

5.85%,

04/06/2030

792‌

819‌

5.95%,

04/04/2034

610‌

622‌

6.10%,

01/07/2034

25‌

26‌

6.40%,

01/09/2033

100‌

106‌

General

Motors

Financial

of

Canada

Ltd

5.20%,

02/09/2028

CAD

100‌

74‌

Honda

Canada

Finance

Inc

4.87%,

09/23/2027

100‌

74‌

Honda

Motor

Co

Ltd

2.97%,

03/10/2032

$

100‌

90‌

Hyundai

Capital

America

5.30%,

06/24/2029

(h)

711‌

721‌

5.35%,

03/19/2029

(h)

675‌

686‌

5.68%,

06/26/2028

(h)

250‌

256‌

5.80%,

06/26/2025

(h)

495‌

497‌

6.50%,

01/16/2029

(h)

489‌

517‌

Mercedes-Benz

Finance

North

America

LLC

4.80%,

03/30/2028

(h)

200‌

201‌

5.05%,

08/03/2033

(h)

150‌

151‌

Mercedes-Benz

Group

AG

1.38%,

05/11/2028

EUR

200‌

204‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

28

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Automobile

Manufacturers

(continued)

Mercedes-Benz

International

Finance

BV

3.25%,

01/10/2032

EUR

100‌

$

108‌

3.50%,

05/30/2026

300‌

327‌

Nissan

Motor

Co

Ltd

4.81%,

09/17/2030

(h)

$

200‌

188‌

PACCAR

Financial

Corp

4.45%,

03/30/2026

200‌

200‌

RCI

Banque

SA

1.13%,

01/15/2027

EUR

100‌

103‌

1.75%,

04/10/2026

100‌

105‌

3.88%,

01/12/2029

100‌

109‌

Stellantis

Finance

US

Inc

5.63%,

01/12/2028

(h)

$

200‌

205‌

Stellantis

NV

1.25%,

06/20/2033

EUR

150‌

132‌

2.75%,

05/15/2026

100‌

107‌

Toyota

Credit

Canada

Inc

2.73%,

08/25/2025

CAD

200‌

143‌

Toyota

Motor

Corp

1.34%,

03/25/2026

$

100‌

95‌

5.28%,

07/13/2026

200‌

202‌

Toyota

Motor

Credit

Corp

1.90%,

04/06/2028

200‌

183‌

3.38%,

04/01/2030

100‌

94‌

3.85%,

07/24/2030

EUR

100‌

112‌

5.25%,

09/11/2028

$

200‌

205‌

Traton

Finance

Luxembourg

SA

4.25%,

05/16/2028

EUR

100‌

111‌

Volkswagen

Financial

Services

NV

1.13%,

07/05/2026

GBP

100‌

119‌

Volkswagen

Financial

Services

Overseas

AG

0.88%,

01/31/2028

EUR

200‌

199‌

Volkswagen

Group

of

America

Finance

LLC

3.75%,

05/13/2030

(h)

$

200‌

188‌

Volkswagen

International

Finance

NV

1.25%,

09/23/2032

EUR

100‌

90‌

3.88%,

03/29/2026

200‌

218‌

4.13%,

11/16/2038

100‌

111‌

4.38%,

03/28/2031

(g),(k)

100‌

100‌

EUR

Swap

Annual

(VS

6

Month)

9

Year

+

3.36%

4.63%,

06/27/2028

(g),(k)

100‌

107‌

EUR

Swap

Annual

(VS

6

Month)

10

Year

+

3.98%

4.63%,

03/24/2026

(g),(k)

100‌

108‌

EUR

Swap

Annual

(VS

6

Month)

12

Year

+

2.97%

Volvo

Treasury

AB

3.88%,

08/29/2026

200‌

219‌

$

24,360‌

Automobile

Parts

&

Equipment

-

0.59%

Aptiv

PLC

1.60%,

09/15/2028

100‌

102‌

Aptiv

PLC

/

Aptiv

Corp

3.25%,

03/01/2032

$

100‌

88‌

Cie

Generale

des

Etablissements

Michelin

SCA

0.25%,

11/02/2032

EUR

100‌

86‌

Continental

AG

2.50%,

08/27/2026

200‌

214‌

Dornoch

Debt

Merger

Sub

Inc

6.63%,

10/15/2029

(h)

$

7,976‌

6,988‌

LG

Energy

Solution

Ltd

5.50%,

07/02/2034

(h)

2,000‌

2,002‌

Magna

International

Inc

4.38%,

03/17/2032

EUR

100‌

115‌

Real

Hero

Merger

Sub

2

Inc

6.25%,

02/01/2029

(h)

$

7,135‌

6,129‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Automobile

Parts

&

Equipment

(continued)

Robert

Bosch

GmbH

4.00%,

06/02/2035

EUR

100‌

$

111‌

$

15,835‌

Banks

-

11.64%

ABN

AMRO

Bank

NV

2.47%,

12/13/2029

(h),(k)

$

200‌

180‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.10%

3.88%,

12/21/2026

EUR

100‌

110‌

4.50%,

11/21/2034

100‌

117‌

4.80%,

04/18/2026

(h)

$

200‌

198‌

AIB

Group

PLC

4.63%,

07/23/2029

(k)

EUR

100‌

113‌

EUR

Swap

Annual

(VS

6

Month)

1

Year

+

1.95%

ANZ

New

Zealand

Int'l

Ltd/London

5.36%,

08/14/2028

(h)

$

200‌

205‌

Australia

&

New

Zealand

Banking

Group

Ltd

0.67%,

05/05/2031

(k)

EUR

100‌

102‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

1.12%

4.20%,

03/31/2026

AUD

300‌

195‌

Australia

&

New

Zealand

Banking

Group

Ltd/

United

Kingdom

6.75%,

06/15/2026

(g),(h),(k),(n)

$

2,600‌

2,625‌

USD

Swap

Rate

NY

5

Year

+

5.17%

Banca

Transilvania

SA

7.25%,

12/07/2028

(k)

EUR

775‌

879‌

Euribor

Swap

Rate

1

Year

+

4.29%

8.88%,

04/27/2027

(k)

1,100‌

1,259‌

Euribor

Swap

Rate

1

Year

+

5.58%

Banco

Bilbao

Vizcaya

Argentaria

SA

0.13%,

03/24/2027

(k)

200‌

205‌

3

Month

Euro

Interbank

Offered

Rate

+

0.52%

4.63%,

01/13/2031

(k)

100‌

114‌

3

Month

Euro

Interbank

Offered

Rate

+

1.70%

5.75%,

09/15/2033

(k)

100‌

115‌

Euribor

Swap

Rate

5

Year

+

2.80%

9.38%,

03/19/2029

(g),(k),(n)

$

1,500‌

1,617‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

5.10%

Banco

de

Sabadell

SA

4.25%,

09/13/2030

(k)

EUR

100‌

111‌

Euribor

Swap

Rate

1

Year

+

1.60%

Banco

Mercantil

del

Norte

SA/Grand

Cayman

6.75%,

09/27/2024

(g),(h),(k),(n)

$

275‌

273‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.97%

6.75%,

09/27/2024

(g),(k),(n)

2,600‌

2,586‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.97%

Banco

Santander

Chile

3.18%,

10/26/2031

150‌

133‌

Banco

Santander

SA

0.20%,

02/11/2028

EUR

100‌

98‌

1.72%,

09/14/2027

(k)

$

200‌

186‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

0.90%

3.22%,

11/22/2032

(k)

200‌

170‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.60%

3.75%,

01/16/2026

EUR

200‌

218‌

3.75%,

01/09/2034

100‌

111‌

3.88%,

01/16/2028

100‌

111‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

29

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

Banco

Santander

SA  

(continued)

4.75%,

08/30/2028

(k)

GBP

100‌

$

128‌

Generic

Britain

1

Year

Government

Bond

+

2.50%

5.59%,

08/08/2028

$

1,200‌

1,230‌

6.35%,

03/14/2034

2,200‌

2,266‌

6.94%,

11/07/2033

200‌

225‌

9.63%,

11/21/2028

(g),(k),(n)

2,400‌

2,613‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

5.31%

Bancolombia

SA

4.63%,

12/18/2029

(k),(n)

3,381‌

3,348‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.94%

Bangkok

Bank

PCL/Hong

Kong

5.30%,

09/21/2028

200‌

203‌

Bank

Gospodarstwa

Krajowego

5.75%,

07/09/2034

(h)

3,400‌

3,506‌

Bank

of

America

Corp

1.10%,

05/24/2032

(k)

EUR

100‌

92‌

3

Month

Euro

Interbank

Offered

Rate

+

0.95%

1.38%,

05/09/2030

(k)

100‌

99‌

3

Month

Euro

Interbank

Offered

Rate

+

0.91%

2.46%,

10/22/2025

(k)

$

2,734‌

2,714‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.13%

2.59%,

04/29/2031

(k)

200‌

177‌

Secured

Overnight

Financing

Rate

+

2.15%

2.68%,

06/19/2041

(k)

25‌

18‌

Secured

Overnight

Financing

Rate

+

1.93%

2.97%,

07/21/2052

(k)

300‌

202‌

Secured

Overnight

Financing

Rate

+

1.56%

3.31%,

04/22/2042

984‌

757‌

Secured

Overnight

Financing

Rate

+

3.16%

3.42%,

12/20/2028

(k)

1,483‌

1,417‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.30%

3.62%,

03/16/2028

(k)

CAD

200‌

143‌

Canadian

Dollar

Offered

Rate

3

Month

+

1.48%

3.65%,

03/31/2029

(k)

EUR

200‌

219‌

3

Month

Euro

Interbank

Offered

Rate

+

3.67%

3.85%,

03/08/2037

$

3,400‌

3,060‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.00%

3.95%,

01/23/2049

(k)

100‌

82‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.45%

3.97%,

02/07/2030

(k)

1,508‌

1,452‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.47%

4.08%,

04/23/2040

1,373‌

1,203‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.16%

4.24%,

04/24/2038

(k)

200‌

182‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.08%

4.25%,

10/22/2026

200‌

197‌

4.38%,

01/27/2027

(g),(k)

4,000‌

3,778‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.76%

4.57%,

04/27/2033

(k)

837‌

808‌

Secured

Overnight

Financing

Rate

+

1.83%

4.75%,

04/21/2045

200‌

185‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

Bank

of

America

Corp  

(continued)

5.02%,

07/22/2033

(k)

$

200‌

$

200‌

Secured

Overnight

Financing

Rate

+

2.16%

5.20%,

04/25/2029

(k)

100‌

101‌

Secured

Overnight

Financing

Rate

+

1.63%

5.47%,

01/23/2035

(k)

100‌

102‌

Secured

Overnight

Financing

Rate

+

1.65%

5.82%,

09/15/2029

(k)

100‌

104‌

Secured

Overnight

Financing

Rate

+

1.57%

5.87%,

09/15/2034

(k)

100‌

105‌

Secured

Overnight

Financing

Rate

+

1.84%

5.93%,

09/15/2027

(k)

300‌

306‌

Secured

Overnight

Financing

Rate

+

1.34%

6.11%,

01/29/2037

869‌

935‌

6.13%,

04/27/2027

(g),(k)

3,900‌

3,907‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.23%

Bank

of

America

NA

5.53%,

08/18/2026

400‌

406‌

Bank

of

Georgia

JSC

9.50%,

07/16/2029

(g),(h),(k),(n)

2,500‌

2,438‌

USD

Secured

Overnight

Financing

Rate

ICE

Swap

Rate

5

Year

+

5.62%

Bank

of

Ireland

Group

PLC

1.38%,

08/11/2031

(k)

EUR

100‌

103‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

1.65%

4.63%,

11/13/2029

(k)

100‌

113‌

Euribor

Swap

Rate

1

Year

+

1.55%

Bank

of

Montreal

3.65%,

04/01/2027

CAD

200‌

143‌

4.70%,

09/14/2027

$

200‌

200‌

5.04%,

05/29/2028

CAD

200‌

150‌

7.70%,

05/26/2084

(k)

$

800‌

823‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.45%

Bank

of

New

York

Mellon

Corp/The

3.70%,

03/20/2026

(g),(k)

5,588‌

5,345‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.35%

4.60%,

07/26/2030

(k)

200‌

199‌

Secured

Overnight

Financing

Rate

+

1.76%

4.70%,

09/20/2025

(g),(k)

2,000‌

1,966‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.36%

4.95%,

04/26/2027

(k)

100‌

100‌

Secured

Overnight

Financing

Rate

+

1.03%

4.97%,

04/26/2034

(k)

100‌

100‌

Secured

Overnight

Financing

Rate

+

1.61%

5.61%,

07/21/2039

(k)

318‌

323‌

Secured

Overnight

Financing

Rate

+

1.77%

Bank

of

Nova

Scotia/The

1.05%,

03/02/2026

100‌

94‌

1.85%,

11/02/2026

CAD

300‌

207‌

1.95%,

02/02/2027

$

100‌

94‌

3.63%,

10/27/2081

(i),(k)

1,500‌

1,297‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.61%

4.50%,

12/16/2025

200‌

198‌

4.59%,

05/04/2037

(k)

1,585‌

1,464‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.05%

5.65%,

02/01/2034

925‌

964‌

8.00%,

01/27/2084

(k)

3,000‌

3,142‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.02%

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

30

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

Bank

of

Nova

Scotia/The  

(continued)

8.63%,

10/27/2082

(k)

$

1,000‌

$

1,059‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.39%

BankUnited

Inc

4.88%,

11/17/2025

1,082‌

1,072‌

5.13%,

06/11/2030

1,103‌

1,034‌

Banque

Federative

du

Credit

Mutuel

SA

0.10%,

10/08/2027

EUR

100‌

98‌

0.75%,

01/17/2030

100‌

94‌

1.00%,

07/16/2026

GBP

200‌

239‌

1.13%,

11/19/2031

EUR

100‌

89‌

1.88%,

11/04/2026

200‌

209‌

3.75%,

02/03/2034

100‌

110‌

4.13%,

06/14/2033

100‌

113‌

4.38%,

05/02/2030

100‌

112‌

Barclays

PLC

3.33%,

11/24/2042

(k)

$

200‌

148‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.30%

3.56%,

09/23/2035

(k)

1,781‌

1,577‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.90%

4.92%,

08/08/2030

(k)

EUR

100‌

114‌

EUR

Swap

Annual

(VS

6

Month)

1

Year

+

1.75%

5.09%,

06/20/2030

(k)

$

300‌

294‌

3

Month

USD

LIBOR

+

3.05%

5.26%,

01/29/2034

(k)

EUR

100‌

119‌

EUR

Swap

Annual

(VS

6

Month)

1

Year

+

2.55%

6.50%,

09/13/2027

(k)

$

400‌

411‌

Secured

Overnight

Financing

Rate

+

1.88%

6.69%,

09/13/2034

(k)

200‌

217‌

Secured

Overnight

Financing

Rate

+

2.62%

8.41%,

11/14/2032

(k)

GBP

100‌

137‌

Generic

Britain

5

Year

Government

Bond

+

4.75%

9.63%,

12/15/2029

(g),(k),(n)

$

2,000‌

2,184‌

USD

Secured

Overnight

Financing

Rate

ICE

Swap

Rate

5

Year

+

5.78%

BBVA

Bancomer

SA/Texas

8.45%,

06/29/2038

(h),(k),(n)

1,400‌

1,478‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.66%

8.45%,

06/29/2038

(k),(n)

275‌

290‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.66%

BNP

Paribas

SA

0.13%,

09/04/2026

EUR

200‌

203‌

0.50%,

01/19/2030

(k)

200‌

189‌

3

Month

Euro

Interbank

Offered

Rate

+

0.83%

1.32%,

01/13/2027

(h),(k)

$

632‌

597‌

Secured

Overnight

Financing

Rate

+

1.00%

1.38%,

05/28/2029

EUR

100‌

98‌

1.68%,

06/30/2027

(h),(k)

$

1,891‌

1,770‌

Secured

Overnight

Financing

Rate

+

0.91%

2.50%,

03/31/2032

(k)

EUR

100‌

104‌

Euribor

Swap

Rate

5

Year

+

1.60%

2.88%,

02/24/2029

GBP

100‌

118‌

3.88%,

02/23/2029

(k)

EUR

200‌

220‌

3

Month

Euro

Interbank

Offered

Rate

+

0.78%

4.13%,

05/24/2033

100‌

114‌

5.20%,

01/10/2030

(h),(k)

$

200‌

201‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.83%

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

BNP

Paribas

SA  

(continued)

5.34%,

06/12/2029

(h),(k)

$

200‌

$

203‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.50%

5.50%,

05/20/2030

(h),(k)

200‌

203‌

Secured

Overnight

Financing

Rate

+

1.59%

5.75%,

06/13/2032

GBP

100‌

133‌

7.38%,

08/19/2025

(g),(h),(k),(n)

$

5,000‌

5,020‌

USD

Swap

Semi-Annual

5

Year

+

5.15%

BOI

Finance

BV

7.50%,

02/16/2027

EUR

1,175‌

1,191‌

BPCE

SA

0.25%,

01/14/2031

100‌

89‌

0.50%,

02/24/2027

100‌

101‌

1.63%,

01/31/2028

100‌

102‌

1.63%,

03/02/2029

(k)

100‌

101‌

3

Month

Euro

Interbank

Offered

Rate

+

1.10%

2.25%,

03/02/2032

(k)

100‌

104‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

1.75%

2.50%,

11/30/2032

(k)

GBP

100‌

116‌

ICE

Swap

Rate

GBP

SONIA

5

Year

+

1.83%

3.50%,

10/23/2027

(h)

$

250‌

238‌

3.58%,

10/19/2042

(h),(k)

950‌

699‌

Secured

Overnight

Financing

Rate

+

1.95%

3.63%,

04/17/2026

EUR

100‌

109‌

4.00%,

11/29/2032

100‌

113‌

4.25%,

01/11/2035

(k)

100‌

112‌

3

Month

Euro

Interbank

Offered

Rate

+

1.85%

4.63%,

03/02/2030

(k)

100‌

113‌

3

Month

Euro

Interbank

Offered

Rate

+

1.60%

4.88%,

04/01/2026

(h)

$

250‌

248‌

Burgan

Bank

SAK

2.75%,

12/15/2031

(k)

2,750‌

2,474‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.23%

CaixaBank

SA

0.63%,

01/21/2028

(k)

EUR

200‌

203‌

3

Month

Euro

Interbank

Offered

Rate

+

0.62%

0.75%,

05/26/2028

(k)

200‌

202‌

3

Month

Euro

Interbank

Offered

Rate

+

1.00%

3.75%,

09/07/2029

100‌

111‌

5.67%,

03/15/2030

(h),(k)

$

200‌

204‌

Secured

Overnight

Financing

Rate

+

1.78%

Canadian

Imperial

Bank

of

Commerce

0.05%,

10/15/2026

CHF

100‌

111‌

0.28%,

02/03/2027

100‌

111‌

3.45%,

04/07/2027

$

200‌

194‌

5.35%,

04/20/2033

(k)

CAD

100‌

74‌

CORRA

Compounded

Index

+

2.23%

5.50%,

01/14/2028

300‌

227‌

Citibank

NA

4.93%,

08/06/2026

(j)

$

958‌

960‌

5.57%,

04/30/2034

847‌

881‌

5.86%,

09/29/2025

300‌

303‌

Citigroup

Inc

0.50%,

11/01/2028

CHF

200‌

221‌

1.46%,

06/09/2027

(k)

$

100‌

94‌

Secured

Overnight

Financing

Rate

+

0.77%

1.75%,

10/23/2026

GBP

100‌

121‌

2.52%,

11/03/2032

(k)

$

200‌

169‌

Secured

Overnight

Financing

Rate

+

1.18%

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

31

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

Citigroup

Inc  

(continued)

2.57%,

06/03/2031

$

783‌

$

687‌

Secured

Overnight

Financing

Rate

+

4.21%

2.67%,

01/29/2031

(k)

300‌

267‌

Secured

Overnight

Financing

Rate

+

1.15%

2.90%,

11/03/2042

(k)

334‌

240‌

Secured

Overnight

Financing

Rate

+

1.38%

3.11%,

04/08/2026

(k)

998‌

982‌

Secured

Overnight

Financing

Rate

+

2.84%

3.67%,

07/24/2028

(k)

250‌

242‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.65%

3.71%,

09/22/2028

(k)

EUR

200‌

220‌

3

Month

Euro

Interbank

Offered

Rate

+

1.25%

3.79%,

03/17/2033

(k)

$

1,833‌

1,671‌

Secured

Overnight

Financing

Rate

+

1.94%

3.88%,

02/18/2026

(g),(k)

3,000‌

2,843‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.42%

4.00%,

12/10/2025

(g),(k)

1,500‌

1,436‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.60%

4.45%,

09/29/2027

1,552‌

1,532‌

4.66%,

05/24/2028

(k)

200‌

199‌

Secured

Overnight

Financing

Rate

+

1.89%

4.70%,

01/30/2025

(g),(k)

1,000‌

987‌

Secured

Overnight

Financing

Rate

+

3.23%

5.17%,

02/13/2030

(k)

200‌

202‌

Secured

Overnight

Financing

Rate

+

1.36%

5.30%,

05/06/2044

100‌

97‌

5.45%,

06/11/2035

(k)

100‌

102‌

Secured

Overnight

Financing

Rate

+

1.45%

5.88%,

02/22/2033

1,523‌

1,586‌

6.17%,

05/25/2034

592‌

615‌

Secured

Overnight

Financing

Rate

+

5.32%

6.27%,

11/17/2033

(k)

100‌

107‌

Secured

Overnight

Financing

Rate

+

2.34%

Citizens

Financial

Group

Inc

2.64%,

09/30/2032

1,835‌

1,454‌

5.65%,

10/06/2025

(g),(i),(k)

2,100‌

2,060‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

5.31%

5.72%,

07/23/2032

(k)

950‌

962‌

Secured

Overnight

Financing

Rate

+

1.91%

5.84%,

01/23/2030

(k)

100‌

102‌

Secured

Overnight

Financing

Rate

+

2.01%

Comerica

Inc

5.98%,

01/30/2030

(k)

100‌

100‌

Secured

Overnight

Financing

Rate

+

2.16%

Commerzbank

AG

1.50%,

08/28/2028

EUR

100‌

102‌

5.13%,

01/18/2030

(k)

100‌

115‌

3

Month

Euro

Interbank

Offered

Rate

+

2.40%

Commonwealth

Bank

of

Australia

2.55%,

03/14/2027

(h)

$

300‌

285‌

3.74%,

09/12/2039

(h)

200‌

166‌

6.70%,

03/15/2038

(k)

AUD

200‌

139‌

3

Month

Bank

Bill

Swap

Rate

+

2.45%

Cooperatieve

Rabobank

UA

0.88%,

05/05/2028

(k)

EUR

300‌

304‌

3

Month

Euro

Interbank

Offered

Rate

+

1.18%

1.00%,

09/24/2026

(h),(k)

$

2,951‌

2,816‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

0.73%

1.25%,

03/23/2026

EUR

100‌

105‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

Cooperatieve

Rabobank

UA  

(continued)

3.75%,

07/21/2026

$

250‌

$

244‌

3.76%,

04/06/2033

(h),(k)

250‌

228‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.42%

4.63%,

05/23/2029

GBP

100‌

125‌

Credit

Agricole

SA

0.88%,

01/14/2032

EUR

100‌

89‌

1.00%,

09/18/2025

200‌

211‌

1.25%,

01/26/2027

(h),(k)

$

1,054‌

994‌

Secured

Overnight

Financing

Rate

+

0.89%

2.00%,

03/25/2029

EUR

200‌

202‌

3.75%,

01/22/2034

100‌

111‌

3.88%,

11/28/2034

100‌

112‌

4.00%,

10/12/2026

(k)

200‌

217‌

3

Month

Euro

Interbank

Offered

Rate

+

1.35%

4.00%,

01/10/2033

(h),(k)

$

250‌

237‌

USD

Swap

Semi-Annual

5

Year

+

1.64%

4.00%,

01/18/2033

EUR

100‌

113‌

4.88%,

10/23/2029

GBP

100‌

130‌

5.30%,

07/12/2028

(h)

$

557‌

568‌

8.13%,

12/23/2025

(g),(h),(k),(n)

5,000‌

5,100‌

USD

Swap

Semi-Annual

5

Year

+

6.19%

Credit

Mutuel

Arkea

SA

0.88%,

05/07/2027

EUR

200‌

203‌

1.13%,

05/23/2029

100‌

98‌

1.25%,

06/11/2029

(k)

100‌

99‌

3

Month

Euro

Interbank

Offered

Rate

+

1.50%

Crelan

SA

6.00%,

02/28/2030

(k)

100‌

118‌

Euribor

Swap

Rate

1

Year

+

2.85%

Danske

Bank

A/S

1.50%,

09/02/2030

(k)

100‌

105‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

1.90%

3.24%,

12/20/2025

(h),(k)

$

699‌

692‌

3

Month

USD

LIBOR

+

1.59%

4.13%,

01/10/2031

(k)

EUR

100‌

112‌

EUR

Swap

Annual

(VS

6

Month)

1

Year

+

1.25%

4.38%,

05/18/2026

(g),(k),(n)

$

3,000‌

2,828‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.39%

Deutsche

Bank

AG

1.63%,

01/20/2027

EUR

200‌

207‌

3.75%,

01/15/2030

(k)

200‌

219‌

3

Month

Euro

Interbank

Offered

Rate

+

1.25%

5.52%,

09/01/2028

$

200‌

206‌

Deutsche

Bank

AG/New

York

NY

2.13%,

11/24/2026

(k)

200‌

192‌

Secured

Overnight

Financing

Rate

+

1.87%

2.55%,

01/07/2028

(k)

918‌

860‌

Secured

Overnight

Financing

Rate

+

1.32%

3.74%,

01/07/2033

(k)

1,350‌

1,137‌

Secured

Overnight

Financing

Rate

+

2.26%

6.72%,

01/18/2029

(k)

190‌

198‌

Secured

Overnight

Financing

Rate

+

3.18%

7.08%,

02/10/2034

(k)

225‌

234‌

Secured

Overnight

Financing

Rate

+

3.65%

Deutsche

Pfandbriefbank

AG

4.38%,

08/28/2026

EUR

100‌

105‌

Development

Bank

of

Japan

Inc

1.75%,

02/18/2025

(h)

$

1,520‌

1,491‌

DIB

Sukuk

Ltd

4.80%,

08/16/2028

300‌

297‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

32

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

DNB

Bank

ASA

0.25%,

02/23/2029

(k)

EUR

100‌

$

97‌

3

Month

Euro

Interbank

Offered

Rate

+

0.53%

3.63%,

02/16/2027

(k)

200‌

217‌

3

Month

Euro

Interbank

Offered

Rate

+

0.63%

Erste

Group

Bank

AG

0.10%,

11/16/2028

(k)

200‌

196‌

3

Month

Euro

Interbank

Offered

Rate

+

0.52%

Federation

des

Caisses

Desjardins

du

Quebec

5.48%,

08/16/2028

CAD

200‌

152‌

Fifth

Third

Bancorp

6.36%,

10/27/2028

(k)

$

200‌

207‌

Secured

Overnight

Financing

Rate

+

2.19%

First

Horizon

Bank

5.75%,

05/01/2030

(i)

2,245‌

2,206‌

Goldman

Sachs

Group

Inc/The

0.88%,

01/21/2030

EUR

200‌

190‌

1.09%,

12/09/2026

(k)

$

400‌

378‌

Secured

Overnight

Financing

Rate

+

0.79%

1.25%,

02/07/2029

EUR

100‌

99‌

1.43%,

03/09/2027

(k)

$

300‌

283‌

Secured

Overnight

Financing

Rate

+

0.80%

1.54%,

09/10/2027

(k)

1,239‌

1,153‌

Secured

Overnight

Financing

Rate

+

0.82%

2.38%,

07/21/2032

(k)

993‌

835‌

Secured

Overnight

Financing

Rate

+

1.25%

3.10%,

02/24/2033

(k)

150‌

131‌

Secured

Overnight

Financing

Rate

+

1.41%

3.21%,

04/22/2042

1,165‌

885‌

Secured

Overnight

Financing

Rate

+

3.03%

3.63%,

10/29/2029

(k)

GBP

100‌

123‌

Generic

Britain

1

Year

Government

Bond

+

1.95%

4.02%,

10/31/2038

(k)

$

200‌

175‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.63%

4.22%,

05/01/2029

(k)

997‌

974‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.56%

4.39%,

06/15/2027

(k)

200‌

197‌

Secured

Overnight

Financing

Rate

+

1.51%

4.95%,

02/10/2025

(g),(k)

2,000‌

1,981‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.22%

5.15%,

05/22/2045

100‌

96‌

5.33%,

07/23/2035

(k)

100‌

101‌

Secured

Overnight

Financing

Rate

+

1.55%

5.73%,

04/25/2030

(k)

100‌

103‌

Secured

Overnight

Financing

Rate

+

1.27%

5.80%,

08/10/2026

(k)

100‌

100‌

Secured

Overnight

Financing

Rate

+

1.08%

5.85%,

04/25/2035

756‌

791‌

Secured

Overnight

Financing

Rate

+

3.10%

6.45%,

05/01/2036

50‌

55‌

6.56%,

10/24/2034

(k)

100‌

110‌

Secured

Overnight

Financing

Rate

+

1.95%

6.75%,

10/01/2037

2,171‌

2,416‌

7.50%,

05/10/2029

(g),(k)

1,700‌

1,752‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.81%

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

HSBC

Holdings

PLC

0.31%,

11/13/2026

(k)

EUR

100‌

$

104‌

3

Month

Euro

Interbank

Offered

Rate

+

0.82%

3.00%,

07/22/2028

(k)

GBP

200‌

243‌

GBP

Swap

SA

(VS

6

Month)

1

Year

+

1.65%

3.97%,

05/22/2030

(k)

$

200‌

191‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.87%

4.18%,

12/09/2025

(k)

1,593‌

1,585‌

Secured

Overnight

Financing

Rate

+

1.51%

4.79%,

03/10/2032

(k)

EUR

100‌

115‌

3

Month

Euro

Interbank

Offered

Rate

+

1.55%

5.40%,

08/11/2033

(k)

$

200‌

202‌

Secured

Overnight

Financing

Rate

+

2.87%

5.89%,

08/14/2027

(k)

200‌

203‌

Secured

Overnight

Financing

Rate

+

1.57%

6.16%,

03/09/2029

(k)

300‌

312‌

Secured

Overnight

Financing

Rate

+

1.97%

6.25%,

03/09/2034

(k)

2,250‌

2,395‌

Secured

Overnight

Financing

Rate

+

2.39%

6.33%,

03/09/2044

1,281‌

1,379‌

Secured

Overnight

Financing

Rate

+

5.30%

6.36%,

11/16/2032

(k)

EUR

100‌

116‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

3.30%

6.55%,

06/20/2034

(k)

$

200‌

211‌

Secured

Overnight

Financing

Rate

+

2.98%

6.80%,

06/01/2038

100‌

109‌

8.11%,

11/03/2033

(k)

600‌

695‌

Secured

Overnight

Financing

Rate

+

4.25%

8.20%,

11/16/2034

(k)

GBP

150‌

213‌

Generic

Britain

5

Year

Government

Bond

+

4.55%

Huntington

Bancshares

Inc/OH

4.45%,

10/15/2027

(g),(k)

$

2,000‌

1,840‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

7

Year

+

4.05%

5.63%,

07/15/2030

(g),(i),(k)

1,000‌

958‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

10

Year

+

4.95%

Huntington

National

Bank/The

4.55%,

05/17/2028

(k)

250‌

247‌

Secured

Overnight

Financing

Rate

+

1.65%

ING

Groep

NV

0.88%,

06/09/2032

(k)

EUR

100‌

100‌

Euribor

Swap

Rate

5

Year

+

1.15%

1.40%,

07/01/2026

(h),(k)

$

2,589‌

2,498‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.10%

1.75%,

02/16/2031

(k)

EUR

100‌

99‌

3

Month

Euro

Interbank

Offered

Rate

+

1.15%

3.00%,

02/18/2026

GBP

100‌

125‌

3.88%,

08/12/2029

(k)

EUR

100‌

110‌

3

Month

Euro

Interbank

Offered

Rate

+

1.72%

4.25%,

03/28/2033

(k)

$

200‌

190‌

Secured

Overnight

Financing

Rate

+

2.07%

4.75%,

05/23/2034

(k)

EUR

100‌

117‌

3

Month

Euro

Interbank

Offered

Rate

+

1.90%

5.00%,

02/20/2035

(k)

100‌

113‌

Euribor

Swap

Rate

5

Year

+

2.20%

5.75%,

11/16/2026

(g),(k),(n)

$

2,600‌

2,520‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.34%

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

33

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

ING

Groep

NV  

(continued)

6.11%,

09/11/2034

(k)

$

355‌

$

375‌

Secured

Overnight

Financing

Rate

+

2.09%

Intesa

Sanpaolo

SpA

2.50%,

01/15/2030

GBP

100‌

113‌

4.00%,

09/23/2029

(h)

$

200‌

188‌

4.38%,

08/29/2027

EUR

200‌

223‌

5.13%,

08/29/2031

100‌

118‌

6.63%,

06/20/2033

(h)

$

200‌

212‌

7.78%,

06/20/2054

(h),(k)

1,612‌

1,732‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

3.90%

JPMorgan

Chase

&

Co

0.60%,

02/17/2033

(k)

EUR

100‌

88‌

3

Month

Euro

Interbank

Offered

Rate

+

0.65%

1.05%,

11/04/2032

(k)

200‌

184‌

3

Month

Euro

Interbank

Offered

Rate

+

0.87%

1.47%,

09/22/2027

(k)

$

300‌

279‌

Secured

Overnight

Financing

Rate

+

0.77%

2.01%,

03/13/2026

(k)

2,202‌

2,157‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.59%

2.07%,

06/01/2029

(k)

3,482‌

3,151‌

Secured

Overnight

Financing

Rate

+

1.02%

2.52%,

04/22/2031

(k)

300‌

265‌

Secured

Overnight

Financing

Rate

+

2.04%

2.53%,

11/19/2041

(k)

3,591‌

2,526‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.51%

2.55%,

11/08/2032

(k)

423‌

360‌

Secured

Overnight

Financing

Rate

+

1.18%

3.11%,

04/22/2041

(k)

100‌

77‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.46%

3.33%,

04/22/2052

(k)

100‌

73‌

Secured

Overnight

Financing

Rate

+

1.58%

3.54%,

05/01/2028

676‌

653‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.28%

3.65%,

06/01/2026

(g),(k)

7,500‌

7,122‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.85%

3.78%,

02/01/2028

(k)

400‌

390‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.60%

3.88%,

07/24/2038

(k)

200‌

176‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.62%

4.59%,

04/26/2033

(k)

200‌

194‌

Secured

Overnight

Financing

Rate

+

1.80%

4.85%,

02/01/2044

100‌

97‌

4.91%,

07/25/2033

(k)

383‌

379‌

Secured

Overnight

Financing

Rate

+

2.08%

4.95%,

06/01/2045

100‌

96‌

5.01%,

01/23/2030

(k)

300‌

302‌

Secured

Overnight

Financing

Rate

+

1.31%

5.29%,

07/22/2035

(k)

100‌

101‌

Secured

Overnight

Financing

Rate

+

1.46%

5.30%,

07/24/2029

(k)

400‌

407‌

Secured

Overnight

Financing

Rate

+

1.45%

5.34%,

01/23/2035

(k)

200‌

203‌

Secured

Overnight

Financing

Rate

+

1.62%

5.72%,

09/14/2033

(k)

150‌

155‌

Secured

Overnight

Financing

Rate

+

2.58%

5.77%,

04/22/2035

(k)

100‌

105‌

Secured

Overnight

Financing

Rate

+

1.49%

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

JPMorgan

Chase

&

Co  

(continued)

6.25%,

10/23/2034

$

1,946‌

$

2,106‌

Secured

Overnight

Financing

Rate

+

3.62%

6.88%,

06/01/2029

(g),(k)

800‌

827‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.74%

KBC

Group

NV

4.38%,

11/23/2027

(k)

EUR

100‌

111‌

3

Month

Euro

Interbank

Offered

Rate

+

1.70%

4.75%,

04/17/2035

(k)

100‌

111‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

2.25%

5.80%,

01/19/2029

(h),(k)

$

200‌

205‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

2.10%

KeyBank

NA/Cleveland

OH

3.40%,

05/20/2026

1,046‌

1,005‌

4.90%,

08/08/2032

(i)

1,115‌

1,031‌

KeyCorp

2.25%,

04/06/2027

100‌

93‌

2.55%,

10/01/2029

200‌

175‌

KeyCorp

Capital

III

7.75%,

07/15/2029

795‌

828‌

Lloyds

Bank

Corporate

Markets

PLC

2.38%,

04/09/2026

EUR

100‌

107‌

Lloyds

Banking

Group

PLC

1.99%,

12/15/2031

(k)

GBP

100‌

119‌

Generic

Britain

5

Year

Government

Bond

+

1.60%

2.00%,

04/12/2028

(k)

100‌

119‌

Generic

Britain

1

Year

Government

Bond

+

1.18%

3.88%,

05/14/2032

(k)

EUR

100‌

110‌

Euribor

Swap

Rate

1

Year

+

1.18%

5.68%,

01/05/2035

(k)

$

626‌

641‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.75%

5.72%,

06/05/2030

(k)

593‌

610‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.07%

5.87%,

03/06/2029

(k)

200‌

206‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.70%

7.50%,

09/27/2025

(g),(k),(n)

300‌

301‌

USD

Swap

Rate

NY

5

Year

+

4.50%

7.95%,

11/15/2033

(k)

200‌

229‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

3.75%

8.00%,

09/27/2029

(g),(k),(n)

3,000‌

3,115‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.91%

Luminor

Bank

AS/Estonia

0.54%,

09/23/2026

(k)

EUR

100‌

103‌

3

Month

Euro

Interbank

Offered

Rate

+

0.87%

M&T

Bank

Corp

3.50%,

09/01/2026

(g),(k)

$

3,000‌

2,586‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.68%

5.05%,

01/27/2034

(k)

100‌

95‌

Secured

Overnight

Financing

Rate

+

1.85%

Macquarie

Bank

Ltd

5.21%,

06/15/2026

(h)

200‌

201‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

34

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

Macquarie

Group

Ltd

3.76%,

11/28/2028

(h),(k)

$

100‌

$

96‌

3

Month

USD

LIBOR

+

1.37%

5.49%,

11/09/2033

(h),(k)

100‌

102‌

Secured

Overnight

Financing

Rate

+

2.87%

MBH

Bank

Nyrt

8.63%,

10/19/2027

(k)

EUR

1,675‌

1,914‌

3

Month

Euro

Interbank

Offered

Rate

+

5.14%

Mediobanca

Banca

di

Credito

Finanziario

SpA

1.00%,

07/17/2029

(k)

100‌

99‌

3

Month

Euro

Interbank

Offered

Rate

+

0.90%

Mitsubishi

UFJ

Financial

Group

Inc

0.85%,

07/19/2029

200‌

195‌

1.54%,

07/20/2027

(k)

$

200‌

187‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

0.75%

2.19%,

02/25/2025

267‌

262‌

5.41%,

04/19/2034

(k)

300‌

309‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.97%

5.43%,

04/17/2035

(k)

200‌

205‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.00%

Mizuho

Financial

Group

Inc

0.21%,

10/07/2025

EUR

100‌

104‌

1.98%,

09/08/2031

(k)

$

300‌

252‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.53%

2.56%,

09/13/2025

(k)

930‌

927‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.36%

2.56%,

09/13/2031

1,643‌

1,369‌

3.98%,

05/21/2034

EUR

100‌

111‌

4.16%,

05/20/2028

100‌

112‌

5.67%,

05/27/2029

(k)

$

200‌

205‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.50%

5.78%,

07/06/2029

(k)

1,959‌

2,016‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.65%

Morgan

Stanley

0.50%,

02/07/2031

(k)

EUR

200‌

184‌

3

Month

Euro

Interbank

Offered

Rate

+

0.72%

0.99%,

12/10/2026

(k)

$

200‌

189‌

Secured

Overnight

Financing

Rate

+

0.72%

1.51%,

07/20/2027

2,083‌

1,949‌

Secured

Overnight

Financing

Rate

+

1.72%

1.59%,

05/04/2027

(k)

573‌

540‌

Secured

Overnight

Financing

Rate

+

0.88%

2.48%,

09/16/2036

(k)

276‌

224‌

Secured

Overnight

Financing

Rate

+

1.36%

2.51%,

10/20/2032

(k)

200‌

169‌

Secured

Overnight

Financing

Rate

+

1.20%

3.22%,

04/22/2042

(k)

1,190‌

916‌

Secured

Overnight

Financing

Rate

+

1.49%

3.59%,

07/22/2028

2,604‌

2,505‌

3

Month

USD

LIBOR

+

1.34%

3.62%,

04/01/2031

727‌

682‌

Secured

Overnight

Financing

Rate

+

6.24%

3.95%,

04/23/2027

200‌

195‌

4.00%,

07/23/2025

300‌

297‌

4.81%,

10/25/2028

(k)

EUR

300‌

340‌

3

Month

Euro

Interbank

Offered

Rate

+

1.76%

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

Morgan

Stanley  

(continued)

5.30%,

04/20/2037

$

1,327‌

$

1,302‌

Secured

Overnight

Financing

Rate

+

5.24%

5.32%,

07/19/2035

629‌

634‌

Secured

Overnight

Financing

Rate

+

3.11%

5.42%,

07/21/2034

(k)

250‌

254‌

Secured

Overnight

Financing

Rate

+

1.88%

5.60%,

03/24/2051

(k)

200‌

208‌

Secured

Overnight

Financing

Rate

+

4.84%

5.79%,

11/18/2033

(k)

GBP

100‌

135‌

SONIA

Interest

Rate

Benchmark

+

2.25%

5.83%,

04/19/2035

(k)

$

100‌

104‌

Secured

Overnight

Financing

Rate

+

1.58%

5.94%,

02/07/2039

(k)

960‌

977‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

1.80%

6.63%,

11/01/2034

(k)

100‌

110‌

Secured

Overnight

Financing

Rate

+

2.05%

Morgan

Stanley

Bank

NA

4.75%,

04/21/2026

300‌

300‌

5.50%,

05/26/2028

(k)

460‌

468‌

Secured

Overnight

Financing

Rate

+

0.87%

National

Australia

Bank

Ltd

1.25%,

05/18/2026

EUR

100‌

105‌

1.70%,

09/15/2031

(k)

GBP

100‌

119‌

Generic

Britain

5

Year

Government

Bond

+

1.40%

2.13%,

05/24/2028

EUR

100‌

105‌

2.33%,

08/21/2030

(h)

$

250‌

213‌

4.20%,

05/12/2026

AUD

200‌

130‌

National

Bank

of

Canada

5.30%,

11/03/2025

CAD

200‌

146‌

5.43%,

08/16/2032

(k)

100‌

74‌

Canadian

Overnight

Repo

Rate

Average

+

2.32%

NatWest

Group

PLC

1.64%,

06/14/2027

(k)

$

1,419‌

1,331‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

0.90%

2.06%,

11/09/2028

(k)

GBP

100‌

118‌

Generic

Britain

1

Year

Government

Bond

+

1.27%

3.03%,

11/28/2035

(k)

$

2,520‌

2,183‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.35%

3.07%,

05/22/2028

(k)

200‌

190‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

2.55%

3.62%,

03/29/2029

(k)

GBP

100‌

123‌

Generic

Britain

1

Year

Government

Bond

+

2.10%

4.77%,

02/16/2029

(k)

EUR

100‌

113‌

3

Month

Euro

Interbank

Offered

Rate

+

1.83%

6.02%,

03/02/2034

(k)

$

200‌

211‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

2.10%

NatWest

Markets

PLC

0.13%,

11/12/2025

EUR

200‌

208‌

Nordea

Bank

Abp

0.50%,

05/14/2027

100‌

101‌

2.88%,

08/24/2032

100‌

105‌

4.38%,

09/06/2026

(k)

100‌

109‌

3

Month

Euro

Interbank

Offered

Rate

+

0.68%

5.38%,

09/22/2027

(h)

$

1,170‌

1,191‌

Northern

Trust

Corp

3.15%,

05/03/2029

100‌

94‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

35

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

Nykredit

Realkredit

AS

4.00%,

07/17/2028

EUR

100‌

$

110‌

Oldenburgische

Landesbank

AG

5.63%,

02/02/2026

100‌

111‌

OP

Corporate

Bank

plc

0.25%,

03/24/2026

150‌

154‌

0.38%,

06/16/2028

100‌

97‌

PNC

Financial

Services

Group

Inc/The

2.60%,

07/23/2026

$

300‌

287‌

3.40%,

09/15/2026

(g),(k)

5,000‌

4,470‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.60%

4.63%,

06/06/2033

(k)

100‌

96‌

Secured

Overnight

Financing

Rate

+

1.85%

5.07%,

01/24/2034

(k)

100‌

99‌

Secured

Overnight

Financing

Rate

+

1.93%

5.49%,

05/14/2030

(k)

100‌

102‌

Secured

Overnight

Financing

Rate

+

1.20%

6.20%,

09/15/2027

(g),(k)

500‌

499‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.24%

6.25%,

03/15/2030

(g),(k)

1,800‌

1,755‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

7

Year

+

2.81%

Raiffeisen

Bank

International

AG

1.38%,

06/17/2033

(k)

EUR

100‌

93‌

Euribor

Swap

Rate

5

Year

+

1.60%

Regions

Financial

Corp

5.75%,

06/15/2025

(g),(i),(k)

$

1,000‌

990‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

5.43%

7.38%,

12/10/2037

1,125‌

1,273‌

Royal

Bank

of

Canada

1.40%,

11/02/2026

200‌

186‌

2.13%,

04/26/2029

EUR

100‌

103‌

2.14%,

11/03/2031

(k)

CAD

200‌

138‌

Canadian

Dollar

Offered

Rate

3

Month

+

0.61%

2.94%,

05/03/2032

(k)

150‌

105‌

Canadian

Dollar

Offered

Rate

3

Month

+

0.76%

3.37%,

09/29/2025

200‌

143‌

3.40%,

03/24/2025

200‌

144‌

5.15%,

02/01/2034

$

200‌

203‌

5.20%,

07/20/2026

200‌

202‌

5.34%,

06/23/2026

CAD

200‌

148‌

Santander

Holdings

USA

Inc

3.24%,

10/05/2026

$

100‌

96‌

6.57%,

06/12/2029

(k)

100‌

104‌

Secured

Overnight

Financing

Rate

+

2.70%

Santander

UK

Group

Holdings

PLC

6.53%,

01/10/2029

(k)

200‌

208‌

Secured

Overnight

Financing

Rate

+

2.60%

Skandinaviska

Enskilda

Banken

AB

3.75%,

02/07/2028

EUR

125‌

137‌

Societe

Generale

SA

0.50%,

06/12/2029

(k)

200‌

192‌

3

Month

Euro

Interbank

Offered

Rate

+

0.95%

1.13%,

06/30/2031

(k)

200‌

204‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

1.60%

2.63%,

05/30/2029

100‌

105‌

3.63%,

03/01/2041

(h)

$

200‌

140‌

4.88%,

11/21/2031

(k)

EUR

100‌

114‌

3

Month

Euro

Interbank

Offered

Rate

+

1.90%

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

Societe

Generale

SA  

(continued)

6.45%,

01/12/2027

(h),(k)

$

200‌

$

202‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

2.30%

6.69%,

01/10/2034

(h),(k)

200‌

212‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

2.95%

8.00%,

09/29/2025

(g),(h),(k),(n)

1,000‌

1,004‌

USD

Swap

Rate

NY

5

Year

+

5.87%

8.50%,

03/25/2034

(g),(h),(k),(n)

600‌

586‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.15%

10.00%,

11/14/2028

(g),(h),(k),(n)

200‌

211‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

5.45%

Sovcombank

Via

Sovcom

Capital

DAC

-

Escrow

0.00%,

12/31/2049

(d)

230‌

—‌

Standard

Chartered

PLC

1.46%,

01/14/2027

(h),(k)

300‌

283‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.00%

3.27%,

02/18/2036

(h),(k)

200‌

173‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.30%

4.75%,

01/14/2031

(g),(k),(n)

4,375‌

3,685‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.81%

4.87%,

05/10/2031

(k)

EUR

100‌

115‌

EUR

Swap

Annual

(VS

6

Month)

1

Year

+

1.85%

6.10%,

01/11/2035

(h),(k)

$

200‌

209‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

2.10%

State

Street

Corp

4.14%,

12/03/2029

(k)

200‌

196‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.29%

5.27%,

08/03/2026

100‌

101‌

6.70%,

09/15/2029

(g),(k)

900‌

899‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.63%

Sumitomo

Mitsui

Financial

Group

Inc

1.55%,

06/15/2026

EUR

200‌

210‌

5.72%,

09/14/2028

$

400‌

414‌

5.81%,

09/14/2033

200‌

212‌

5.84%,

07/09/2044

474‌

494‌

5.88%,

07/13/2026

200‌

204‌

6.18%,

07/13/2043

100‌

111‌

Sumitomo

Mitsui

Trust

Bank

Ltd

2.80%,

03/10/2027

(h)

200‌

191‌

Svenska

Handelsbanken

AB

0.13%,

11/03/2026

EUR

200‌

202‌

2.63%,

09/05/2029

100‌

106‌

5.00%,

03/02/2028

AUD

300‌

197‌

Swedbank

AB

0.20%,

01/12/2028

EUR

200‌

195‌

1.54%,

11/16/2026

(h)

$

1,805‌

1,679‌

7.75%,

03/17/2030

(g),(k),(n)

200‌

204‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.66%

Texas

Capital

Bancshares

Inc

4.00%,

05/06/2031

(k)

548‌

508‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.15%

Toronto-Dominion

Bank/The

1.20%,

06/03/2026

300‌

281‌

2.00%,

09/10/2031

100‌

84‌

2.55%,

08/03/2027

EUR

100‌

106‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

36

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

Toronto-Dominion

Bank/The  

(continued)

2.67%,

09/09/2025

CAD

200‌

$

142‌

3.20%,

03/10/2032

$

100‌

89‌

4.48%,

01/18/2028

CAD

200‌

147‌

4.68%,

01/08/2029

200‌

148‌

8.13%,

10/31/2082

(k)

$

1,300‌

1,355‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.08%

Truist

Financial

Corp

3.88%,

03/19/2029

100‌

95‌

4.12%,

06/06/2028

(k)

200‌

195‌

Secured

Overnight

Financing

Rate

+

1.37%

4.80%,

09/01/2024

(g),(k)

5,000‌

4,925‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.00%

5.71%,

01/24/2035

(k)

100‌

102‌

Secured

Overnight

Financing

Rate

+

1.92%

5.90%,

10/28/2026

(k)

200‌

202‌

Secured

Overnight

Financing

Rate

+

1.63%

Turkiye

Vakiflar

Bankasi

TAO

8.99%,

10/05/2034

(h),(k)

1,300‌

1,312‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.67%

UBS

AG/Stamford

CT

1.25%,

08/07/2026

300‌

279‌

7.50%,

02/15/2028

873‌

946‌

UBS

Group

AG

0.88%,

11/03/2031

EUR

200‌

180‌

1.00%,

06/24/2027

(k)

200‌

206‌

Euribor

Swap

Rate

1

Year

+

1.05%

1.49%,

08/10/2027

(h)

$

1,585‌

1,473‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.70%

1.88%,

11/03/2029

(k)

GBP

200‌

227‌

SONIA

Interest

Rate

Benchmark

+

0.96%

3.87%,

01/12/2029

(h),(k)

$

400‌

385‌

3

Month

USD

LIBOR

+

1.41%

4.63%,

03/17/2028

(k)

EUR

200‌

223‌

Euribor

Swap

Rate

1

Year

+

1.15%

4.75%,

05/12/2028

(h),(k)

$

1,113‌

1,105‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.75%

4.88%,

05/15/2045

250‌

233‌

5.43%,

02/08/2030

(h),(k)

1,158‌

1,176‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.52%

5.71%,

01/12/2027

(h),(k)

200‌

201‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.55%

6.88%,

08/07/2025

(g),(k),(n)

3,000‌

2,993‌

USD

Swap

Semi-Annual

(VS

6

Month)

5

Year

+

4.59%

7.00%,

02/19/2025

(g),(k),(n)

3,000‌

3,000‌

USD

Swap

Semi-Annual

5

Year

+

4.87%

9.02%,

11/15/2033

(h),(k)

330‌

407‌

Secured

Overnight

Financing

Rate

+

5.02%

UniCredit

SpA

0.85%,

01/19/2031

EUR

200‌

184‌

United

Overseas

Bank

Ltd/Sydney

4.64%,

03/16/2026

AUD

200‌

131‌

US

Bancorp

1.38%,

07/22/2030

$

100‌

83‌

2.49%,

11/03/2036

(k)

3,171‌

2,557‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

0.95%

3.00%,

07/30/2029

100‌

91‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

US

Bancorp  

(continued)

3.70%,

01/15/2027

(g),(k)

$

7,000‌

$

6,333‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.54%

5.73%,

10/21/2026

(k)

200‌

201‌

Secured

Overnight

Financing

Rate

+

1.43%

5.84%,

06/12/2034

(k)

200‌

208‌

Secured

Overnight

Financing

Rate

+

2.26%

Wachovia

Corp

5.50%,

08/01/2035

100‌

102‌

Wells

Fargo

&

Co

1.00%,

02/02/2027

EUR

200‌

205‌

2.50%,

05/02/2029

GBP

100‌

116‌

2.57%,

02/11/2031

(k)

$

657‌

582‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.26%

2.88%,

10/30/2030

(k)

443‌

401‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.43%

3.07%,

04/30/2041

1,784‌

1,346‌

Secured

Overnight

Financing

Rate

+

5.06%

3.53%,

03/24/2028

(k)

400‌

386‌

Secured

Overnight

Financing

Rate

+

1.51%

3.90%,

05/01/2045

100‌

82‌

3.90%,

03/15/2026

(g),(k)

4,000‌

3,837‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.45%

4.15%,

01/24/2029

200‌

196‌

4.30%,

07/22/2027

1,737‌

1,715‌

4.48%,

04/04/2031

(k)

200‌

195‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.03%

4.61%,

04/25/2053

(k)

100‌

89‌

Secured

Overnight

Financing

Rate

+

2.13%

4.75%,

12/07/2046

100‌

88‌

5.39%,

04/24/2034

(k)

734‌

743‌

Secured

Overnight

Financing

Rate

+

2.02%

5.50%,

01/23/2035

(k)

303‌

309‌

Secured

Overnight

Financing

Rate

+

1.78%

5.56%,

07/25/2034

(k)

200‌

204‌

Secured

Overnight

Financing

Rate

+

1.99%

5.57%,

07/25/2029

(k)

200‌

205‌

Secured

Overnight

Financing

Rate

+

1.74%

5.61%,

01/15/2044

695‌

688‌

5.71%,

04/22/2028

(k)

1,406‌

1,433‌

Secured

Overnight

Financing

Rate

+

1.07%

Wells

Fargo

Bank

NA

5.55%,

08/01/2025

400‌

402‌

6.60%,

01/15/2038

250‌

281‌

Westpac

Banking

Corp

2.96%,

11/16/2040

150‌

108‌

3.02%,

11/18/2036

(k)

100‌

84‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

1.53%

4.60%,

02/16/2026

AUD

100‌

65‌

5.46%,

11/18/2027

$

200‌

205‌

Westpac

Securities

NZ

Ltd/London

0.43%,

12/14/2026

EUR

150‌

152‌

Zions

Bancorp

NA

3.25%,

10/29/2029

$

3,237‌

2,783‌

$

312,500‌

Beverages

-

0.33%

Anheuser-Busch

Cos

LLC

/

Anheuser-Busch

InBev

Worldwide

Inc

3.65%,

02/01/2026

115‌

113‌

4.90%,

02/01/2046

1,888‌

1,787‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

37

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Beverages

(continued)

Anheuser-Busch

InBev

SA/NV

2.70%,

03/31/2026

EUR

100‌

$

108‌

2.75%,

03/17/2036

200‌

204‌

2.88%,

04/02/2032

100‌

106‌

Anheuser-Busch

InBev

Worldwide

Inc

4.35%,

06/01/2040

$

200‌

181‌

5.00%,

06/15/2034

100‌

101‌

5.45%,

01/23/2039

100‌

104‌

5.55%,

01/23/2049

25‌

26‌

5.80%,

01/23/2059

100‌

107‌

Asahi

Group

Holdings

Ltd

1.15%,

09/19/2025

EUR

100‌

105‌

CCEP

Finance

Ireland

DAC

0.00%,

09/06/2025

(d)

100‌

104‌

1.50%,

05/06/2041

100‌

80‌

Coca-Cola

Co/The

0.50%,

03/09/2033

100‌

87‌

0.95%,

05/06/2036

100‌

84‌

1.50%,

03/05/2028

$

200‌

182‌

1.65%,

06/01/2030

200‌

171‌

2.25%,

01/05/2032

200‌

173‌

2.50%,

03/15/2051

100‌

63‌

Constellation

Brands

Inc

4.35%,

05/09/2027

427‌

422‌

4.90%,

05/01/2033

200‌

197‌

Diageo

Capital

PLC

2.00%,

04/29/2030

200‌

175‌

Diageo

Finance

PLC

2.50%,

03/27/2032

EUR

100‌

104‌

2.75%,

06/08/2038

GBP

100‌

102‌

Heineken

NV

1.50%,

10/03/2029

EUR

100‌

100‌

1.75%,

03/17/2031

100‌

99‌

2.88%,

08/04/2025

100‌

108‌

JDE

Peet's

NV

0.63%,

02/09/2028

100‌

98‌

Keurig

Dr

Pepper

Inc

3.80%,

05/01/2050

$

100‌

76‌

4.05%,

04/15/2032

150‌

143‌

Molson

Coors

Beverage

Co

3.00%,

07/15/2026

200‌

193‌

PepsiCo

Inc

0.88%,

07/18/2028

EUR

200‌

200‌

2.25%,

03/19/2025

$

1,010‌

991‌

2.63%,

10/21/2041

100‌

72‌

3.00%,

10/15/2027

400‌

384‌

3.38%,

07/29/2049

200‌

149‌

3.60%,

02/18/2028

514‌

501‌

3.90%,

07/18/2032

566‌

542‌

4.00%,

03/05/2042

276‌

240‌

Pernod

Ricard

SA

1.75%,

04/08/2030

EUR

100‌

100‌

3.75%,

09/15/2033

100‌

111‌

$

8,993‌

Biotechnology

-

0.31%

Amgen

Inc

3.15%,

02/21/2040

$

1,660‌

1,273‌

4.05%,

08/18/2029

200‌

194‌

4.40%,

05/01/2045

262‌

226‌

4.40%,

02/22/2062

50‌

41‌

4.66%,

06/15/2051

200‌

175‌

5.15%,

03/02/2028

693‌

702‌

5.25%,

03/02/2030

302‌

310‌

5.25%,

03/02/2033

200‌

203‌

5.50%,

12/07/2026

GBP

100‌

131‌

5.60%,

03/02/2043

$

200‌

202‌

5.65%,

03/02/2053

494‌

498‌

5.75%,

03/02/2063

622‌

626‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Biotechnology

(continued)

Biogen

Inc

3.15%,

05/01/2050

$

100‌

$

67‌

4.05%,

09/15/2025

200‌

198‌

CSL

Finance

PLC

4.63%,

04/27/2042

(h)

100‌

92‌

Gilead

Sciences

Inc

4.15%,

03/01/2047

200‌

167‌

5.25%,

10/15/2033

200‌

206‌

5.55%,

10/15/2053

491‌

502‌

Regeneron

Pharmaceuticals

Inc

2.80%,

09/15/2050

580‌

367‌

Royalty

Pharma

PLC

2.15%,

09/02/2031

1,268‌

1,049‌

3.35%,

09/02/2051

100‌

66‌

5.15%,

09/02/2029

434‌

437‌

5.90%,

09/02/2054

535‌

532‌

$

8,264‌

Building

Materials

-

0.94%

Aliaxis

Finance

SA

0.88%,

11/08/2028

EUR

100‌

97‌

AmeriTex

HoldCo

Intermediate

LLC

10.25%,

10/15/2028

(h)

$

1,880‌

1,999‌

Carrier

Global

Corp

3.38%,

04/05/2040

1,147‌

915‌

3.58%,

04/05/2050

100‌

75‌

Cie

de

Saint-Gobain

SA

2.38%,

10/04/2027

EUR

100‌

106‌

3.50%,

01/18/2029

100‌

109‌

CRH

SMW

Finance

DAC

4.25%,

07/11/2035

100‌

114‌

5.20%,

05/21/2029

$

2,367‌

2,406‌

Eco

Material

Technologies

Inc

7.88%,

01/31/2027

(h)

3,650‌

3,714‌

EMRLD

Borrower

LP

/

Emerald

Co-Issuer

Inc

6.63%,

12/15/2030

(h)

2,760‌

2,812‌

Heidelberg

Materials

Finance

Luxembourg

SA

1.63%,

04/07/2026

EUR

200‌

211‌

Holcim

Finance

Luxembourg

SA

0.50%,

11/29/2026

175‌

178‌

Johnson

Controls

International

plc

4.25%,

05/23/2035

100‌

114‌

Johnson

Controls

International

plc

/

Tyco

Fire

&

Security

Finance

SCA

1.75%,

09/15/2030

$

200‌

169‌

Lennox

International

Inc

5.50%,

09/15/2028

1,362‌

1,397‌

Martin

Marietta

Materials

Inc

2.40%,

07/15/2031

669‌

569‌

Mohawk

Capital

Finance

SA

1.75%,

06/12/2027

EUR

100‌

104‌

Oscar

AcquisitionCo

LLC

/

Oscar

Finance

Inc

9.50%,

04/15/2030

(h)

$

5,430‌

5,083‌

Owens

Corning

3.40%,

08/15/2026

100‌

97‌

3.95%,

08/15/2029

100‌

96‌

5.50%,

06/15/2027

425‌

433‌

Sisecam

UK

PLC

8.25%,

05/02/2029

(h)

2,200‌

2,240‌

Smyrna

Ready

Mix

Concrete

LLC

6.00%,

11/01/2028

(h)

1,425‌

1,412‌

Trane

Technologies

Financing

Ltd

3.80%,

03/21/2029

150‌

145‌

5.10%,

06/13/2034

434‌

442‌

Vulcan

Materials

Co

3.50%,

06/01/2030

100‌

93‌

$

25,130‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

38

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Chemicals

-

0.79%

Air

Liquide

Finance

SA

0.38%,

05/27/2031

EUR

100‌

$

90‌

Air

Products

and

Chemicals

Inc

2.70%,

05/15/2040

$

150‌

110‌

Akzo

Nobel

NV

2.00%,

03/28/2032

EUR

100‌

98‌

Albemarle

Corp

5.05%,

06/01/2032

$

100‌

96‌

BASF

SE

4.50%,

03/08/2035

EUR

100‌

117‌

Bayport

Polymers

LLC

5.14%,

04/14/2032

(h)

$

100‌

95‌

Celanese

US

Holdings

LLC

5.34%,

01/19/2029

EUR

100‌

115‌

6.17%,

07/15/2027

$

150‌

154‌

CF

Industries

Inc

5.38%,

03/15/2044

1,351‌

1,277‌

Dow

Chemical

Co/The

1.13%,

03/15/2032

EUR

100‌

92‌

4.38%,

11/15/2042

$

100‌

85‌

4.80%,

05/15/2049

100‌

87‌

5.60%,

02/15/2054

644‌

635‌

DuPont

de

Nemours

Inc

5.32%,

11/15/2038

30‌

32‌

Eastman

Chemical

Co

5.00%,

08/01/2029

(j)

461‌

462‌

5.75%,

03/08/2033

806‌

829‌

Ecolab

Inc

2.70%,

12/15/2051

1,111‌

713‌

3.95%,

12/01/2047

100‌

83‌

5.25%,

01/15/2028

652‌

668‌

FMC

Corp

5.15%,

05/18/2026

150‌

150‌

International

Flavors

&

Fragrances

Inc

4.38%,

06/01/2047

150‌

119‌

LANXESS

AG

0.00%,

09/08/2027

(d)

EUR

200‌

196‌

Linde

Inc/CT

3.20%,

01/30/2026

$

200‌

196‌

Linde

PLC

0.38%,

09/30/2033

EUR

100‌

85‌

1.00%,

03/31/2027

100‌

103‌

3.50%,

06/04/2034

100‌

110‌

LYB

International

Finance

BV

4.88%,

03/15/2044

$

150‌

134‌

Nutrien

Ltd

2.95%,

05/13/2030

250‌

227‌

5.20%,

06/21/2027

459‌

464‌

Orbia

Advance

Corp

SAB

de

CV

2.88%,

05/11/2031

200‌

169‌

RPM

International

Inc

2.95%,

01/15/2032

373‌

322‌

Sasol

Financing

USA

LLC

8.75%,

05/03/2029

(h)

2,675‌

2,770‌

8.75%,

05/03/2029

450‌

466‌

SCIH

Salt

Holdings

Inc

6.63%,

05/01/2029

(h)

6,000‌

5,656‌

Sherwin-Williams

Co/The

2.20%,

03/15/2032

100‌

84‌

Sociedad

Quimica

y

Minera

de

Chile

SA

6.50%,

11/07/2033

(h)

1,775‌

1,857‌

6.50%,

11/07/2033

300‌

314‌

Solvay

Finance

America

LLC

5.65%,

06/04/2029

(h)

1,042‌

1,069‌

Westlake

Corp

3.38%,

08/15/2061

1,015‌

632‌

4.38%,

11/15/2047

100‌

82‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Chemicals

(continued)

Yara

International

ASA

4.75%,

06/01/2028

(h)

$

200‌

$

197‌

$

21,240‌

Coal

-

0.12%

SunCoke

Energy

Inc

4.88%,

06/30/2029

(h)

3,650‌

3,338‌

Commercial

Mortgage

Backed

Securities

-

1.41%

Bayview

Commercial

Asset

Trust

2005-3

5.94%,

11/25/2035

(h)

569‌

548‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.59%

6.06%,

11/25/2035

(h)

437‌

425‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.71%

Bayview

Commercial

Asset

Trust

2006-2

5.81%,

07/25/2036

(h)

432‌

414‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.46%

Bayview

Commercial

Asset

Trust

2006-4

5.81%,

12/25/2036

(h)

670‌

640‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.46%

BBCMS

2018-TALL

Mortgage

Trust

6.25%,

03/15/2037

(h)

1,470‌

1,382‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.92%

Benchmark

2019-B15

Mortgage

Trust

2.93%,

12/15/2072

740‌

658‌

Benchmark

2019-B9

Mortgage

Trust

4.02%,

03/15/2052

5,060‌

4,777‌

Benchmark

2022-B34

Mortgage

Trust

3.79%,

04/15/2055

(l)

4,641‌

4,156‌

BX

Commercial

Mortgage

Trust

2020-VIV2

3.54%,

03/09/2044

(h),(l)

200‌

178‌

BX

Commercial

Mortgage

Trust

2020-VIV4

2.84%,

03/09/2044

(h)

1,500‌

1,329‌

BX

Commercial

Mortgage

Trust

2021-ACNT

6.29%,

11/15/2038

(h)

2,610‌

2,579‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.96%

BX

Trust

2019-OC11

3.94%,

12/09/2041

(h),(l)

1,750‌

1,570‌

Citigroup

Commercial

Mortgage

Trust

2014-GC23

4.32%,

07/10/2047

(l)

1,000‌

932‌

COMM

2018-COR3

Mortgage

Trust

4.23%,

05/10/2051

2,071‌

1,970‌

COMM

2024-277P

Mortgage

Trust

6.34%,

08/10/2044

(h),(j)

1,484‌

1,516‌

EQT

Trust

2024-EXTR

5.33%,

07/05/2041

(h),(l)

1,050‌

1,059‌

FRESB

2019-SB63

Mortgage

Trust

0.76%,

04/25/2039

(l),(o)

11,576‌

444‌

FRESB

2020-SB76

Mortgage

Trust

1.17%,

05/25/2030

(l),(o)

7,203‌

281‌

FRESB

2020-SB77

Mortgage

Trust

0.88%,

06/25/2040

(l),(o)

13,965‌

404‌

Harvest

Commercial

Capital

Loan

Trust

2019-1

4.64%,

09/25/2046

(h),(l)

2,000‌

1,819‌

Harvest

Commercial

Capital

Loan

Trust

2024-1

6.16%,

10/25/2056

1,999‌

2,033‌

JP

Morgan

Chase

Commercial

Mortgage

Securities

Trust

2006-CIBC17

5.49%,

12/12/2043

(l)

4,010‌

2,830‌

MHC

Commercial

Mortgage

Trust

2021-MHC

6.24%,

04/15/2038

(h)

2,865‌

2,840‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.92%

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

39

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Commercial

Mortgage

Backed

Securities

(continued)

MKT

2020-525M

Mortgage

Trust

2.69%,

02/12/2040

(h)

$

1,400‌

$

1,143‌

Taubman

Centers

Commercial

Mortgage

Trust

2022-DPM

7.51%,

05/15/2037

(h)

865‌

867‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.19%

WFRBS

Commercial

Mortgage

Trust

2014-C21

3.89%,

08/15/2047

1,137‌

1,100‌

$

37,894‌

Commercial

Services

-

1.79%

Abertis

Infraestructuras

SA

4.13%,

01/31/2028

EUR

100‌

111‌

4.13%,

08/07/2029

100‌

111‌

Adani

International

Container

Terminal

Pvt

Ltd

3.00%,

02/16/2031

$

2,881‌

2,470‌

Adani

Ports

&

Special

Economic

Zone

Ltd

4.00%,

07/30/2027

200‌

188‌

AMN

Healthcare

Inc

4.63%,

10/01/2027

(h)

1,925‌

1,849‌

APRR

SA

1.25%,

01/18/2028

EUR

100‌

102‌

Arval

Service

Lease

SA/France

4.00%,

09/22/2026

200‌

218‌

Ashtead

Capital

Inc

5.55%,

05/30/2033

(h)

$

200‌

200‌

ASTM

SpA

1.00%,

11/25/2026

EUR

200‌

205‌

Automatic

Data

Processing

Inc

3.38%,

09/15/2025

$

100‌

98‌

Autoroutes

du

Sud

de

la

France

SA

1.25%,

01/18/2027

EUR

100‌

104‌

2.75%,

09/02/2032

100‌

104‌

Autostrade

per

l'Italia

SpA

2.00%,

01/15/2030

100‌

99‌

5.13%,

06/14/2033

100‌

116‌

Block

Financial

LLC

3.88%,

08/15/2030

$

100‌

94‌

Boost

Newco

Borrower

LLC

7.50%,

01/15/2031

(h)

1,290‌

1,359‌

Champions

Financing

Inc

8.75%,

02/15/2029

(h)

2,750‌

2,805‌

Duke

University

2.76%,

10/01/2050

100‌

68‌

Edenred

SE

3.63%,

12/13/2026

EUR

100‌

109‌

Equifax

Inc

5.10%,

06/01/2028

$

200‌

202‌

ERAC

USA

Finance

LLC

4.90%,

05/01/2033

(h)

200‌

200‌

Ford

Foundation/The

2.82%,

06/01/2070

1,175‌

711‌

Global

Payments

Inc

2.90%,

11/15/2031

200‌

172‌

GXO

Logistics

Inc

6.25%,

05/06/2029

939‌

974‌

6.50%,

05/06/2034

100‌

104‌

Holding

d'Infrastructures

de

Transport

SASU

1.63%,

09/18/2029

EUR

100‌

99‌

ISS

Global

A/S

0.88%,

06/18/2026

100‌

103‌

Massachusetts

Institute

of

Technology

3.07%,

04/01/2052

$

100‌

73‌

Moody's

Corp

2.75%,

08/19/2041

100‌

71‌

Motability

Operations

Group

PLC

2.38%,

03/14/2032

GBP

100‌

110‌

3.63%,

07/24/2029

EUR

100‌

110‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Commercial

Services

(continued)

Movida

Europe

SA

7.85%,

04/11/2029

(h)

$

2,400‌

$

2,251‌

PayPal

Holdings

Inc

2.65%,

10/01/2026

100‌

96‌

5.05%,

06/01/2052

100‌

94‌

President

and

Fellows

of

Harvard

College

3.75%,

11/15/2052

100‌

83‌

Prime

Security

Services

Borrower

LLC

/

Prime

Finance

Inc

6.25%,

01/15/2028

(h)

1,000‌

997‌

PROG

Holdings

Inc

6.00%,

11/15/2029

(h)

4,500‌

4,329‌

Quanta

Services

Inc

2.35%,

01/15/2032

746‌

623‌

2.90%,

10/01/2030

698‌

626‌

3.05%,

10/01/2041

647‌

469‌

RELX

Finance

BV

0.50%,

03/10/2028

EUR

100‌

99‌

Rentokil

Initial

Finance

BV

3.88%,

06/27/2027

100‌

109‌

S&P

Global

Inc

2.70%,

03/01/2029

$

790‌

731‌

3.70%,

03/01/2052

100‌

78‌

4.75%,

08/01/2028

300‌

302‌

Sotheby's

7.38%,

10/15/2027

(h),(i)

6,650‌

5,537‌

Teranet

Holdings

LP

3.72%,

02/23/2029

CAD

100‌

69‌

Thomas

Jefferson

University

3.85%,

11/01/2057

$

50‌

37‌

Transurban

Finance

Co

Pty

Ltd

3.00%,

04/08/2030

EUR

100‌

106‌

4.56%,

11/14/2028

CAD

100‌

72‌

Transurban

Queensland

Finance

Pty

Ltd

3.25%,

08/05/2031

AUD

100‌

56‌

Triton

Container

International

Ltd

2.05%,

04/15/2026

(h)

$

1,756‌

1,655‌

3.15%,

06/15/2031

(h)

967‌

824‌

University

of

Miami

4.06%,

04/01/2052

100‌

83‌

University

of

Southern

California

4.98%,

10/01/2053

50‌

50‌

Upbound

Group

Inc

6.38%,

02/15/2029

(h)

4,575‌

4,476‌

Verisk

Analytics

Inc

4.00%,

06/15/2025

8‌

8‌

VT

Topco

Inc

8.50%,

08/15/2030

(h)

3,995‌

4,228‌

Wand

NewCo

3

Inc

7.63%,

01/30/2032

(h)

5,085‌

5,308‌

Wolters

Kluwer

NV

0.75%,

07/03/2030

EUR

100‌

94‌

ZipRecruiter

Inc

5.00%,

01/15/2030

(h)

$

1,325‌

1,159‌

$

47,988‌

Computers

-

0.64%

Amentum

Escrow

Corp

7.25%,

08/01/2032

(h),(j)

1,050‌

1,072‌

Apple

Inc

0.70%,

02/08/2026

200‌

189‌

1.38%,

05/24/2029

EUR

100‌

102‌

1.40%,

08/05/2028

$

1,751‌

1,568‌

1.65%,

02/08/2031

100‌

85‌

2.45%,

08/04/2026

300‌

288‌

2.65%,

05/11/2050

677‌

448‌

2.70%,

08/05/2051

467‌

307‌

2.85%,

08/05/2061

200‌

128‌

3.00%,

06/20/2027

1,484‌

1,432‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

40

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Computers

(continued)

Apple

Inc  

(continued)

3.35%,

08/08/2032

$

200‌

$

186‌

3.45%,

02/09/2045

200‌

160‌

3.95%,

08/08/2052

635‌

534‌

4.15%,

05/10/2030

100‌

100‌

4.45%,

05/06/2044

200‌

191‌

ASGN

Inc

4.63%,

05/15/2028

(h)

2,075‌

1,988‌

Booz

Allen

Hamilton

Inc

5.95%,

08/04/2033

100‌

104‌

Capgemini

SE

1.13%,

06/23/2030

EUR

100‌

97‌

2.00%,

04/15/2029

100‌

104‌

Dell

International

LLC

/

EMC

Corp

3.38%,

12/15/2041

$

1,143‌

863‌

5.25%,

02/01/2028

100‌

102‌

5.75%,

02/01/2033

150‌

157‌

8.10%,

07/15/2036

934‌

1,138‌

DXC

Capital

Funding

DAC

0.95%,

09/15/2031

EUR

100‌

88‌

Fortinet

Inc

1.00%,

03/15/2026

$

200‌

188‌

Fortress

Intermediate

3

Inc

7.50%,

06/01/2031

(h)

725‌

743‌

Hewlett

Packard

Enterprise

Co

1.75%,

04/01/2026

1,294‌

1,228‌

5.25%,

07/01/2028

(i)

1,179‌

1,204‌

HP

Inc

1.45%,

06/17/2026

200‌

188‌

5.50%,

01/15/2033

100‌

103‌

International

Business

Machines

Corp

0.88%,

02/09/2030

EUR

100‌

97‌

2.20%,

02/09/2027

$

200‌

189‌

3.38%,

02/06/2027

EUR

100‌

109‌

3.43%,

02/09/2052

$

200‌

142‌

4.00%,

02/06/2043

EUR

100‌

111‌

4.50%,

02/06/2026

$

200‌

200‌

5.10%,

02/06/2053

100‌

96‌

Kyndryl

Holdings

Inc

4.10%,

10/15/2041

100‌

78‌

Leidos

Inc

4.38%,

05/15/2030

889‌

857‌

Lenovo

Group

Ltd

3.42%,

11/02/2030

200‌

182‌

Western

Digital

Corp

2.85%,

02/01/2029

100‌

88‌

$

17,234‌

Consumer

Products

-

0.01%

Kimberly-Clark

Corp

2.00%,

11/02/2031

100‌

85‌

3.20%,

07/30/2046

100‌

73‌

Reckitt

Benckiser

Treasury

Services

PLC

3.63%,

09/14/2028

EUR

100‌

110‌

$

268‌

Cosmetics

&

Personal

Care

-

0.24%

Colgate-Palmolive

Co

0.30%,

11/10/2029

100‌

95‌

Estee

Lauder

Cos

Inc/The

4.38%,

05/15/2028

$

654‌

650‌

5.15%,

05/15/2053

100‌

96‌

Haleon

Netherlands

Capital

BV

2.13%,

03/29/2034

EUR

100‌

96‌

Haleon

UK

Capital

PLC

3.13%,

03/24/2025

$

1,160‌

1,143‌

Haleon

US

Capital

LLC

3.38%,

03/24/2027

250‌

242‌

3.63%,

03/24/2032

1,310‌

1,203‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Cosmetics

&

Personal

Care

(continued)

High

Ridge

Brands

-

Escrow

0.00%,

03/15/2025

(d),(e),(f)

$

15,607‌

$

—‌

Kenvue

Inc

4.90%,

03/22/2033

777‌

784‌

5.10%,

03/22/2043

200‌

197‌

Prestige

Brands

Inc

3.75%,

04/01/2031

(h)

200‌

176‌

Procter

&

Gamble

Co/The

3.25%,

08/02/2026

EUR

200‌

218‌

3.95%,

01/26/2028

$

992‌

983‌

4.05%,

01/26/2033

200‌

196‌

Unilever

Capital

Corp

5.00%,

12/08/2033

100‌

102‌

Unilever

Finance

Netherlands

BV

1.38%,

09/04/2030

EUR

300‌

297‌

$

6,478‌

Credit

Card

Asset

Backed

Securities

-

0.61%

American

Express

Credit

Account

Master

Trust

3.39%,

05/15/2027

$

1,900‌

1,874‌

American

Express

Credit

Account

Master

Trust

2024-3

4.65%,

07/16/2029

1,305‌

1,313‌

BA

Credit

Card

Trust

3.53%,

11/15/2027

2,000‌

1,972‌

4.93%,

05/15/2029

910‌

921‌

Barclays

Dryrock

Issuance

Trust

3.07%,

02/15/2028

1,585‌

1,560‌

Capital

One

Multi-Asset

Execution

Trust

1.04%,

11/15/2026

3,000‌

2,962‌

2.80%,

03/15/2027

2,000‌

1,970‌

3.49%,

05/15/2027

1,886‌

1,861‌

Discover

Card

Execution

Note

Trust

3.56%,

07/15/2027

2,000‌

1,971‌

$

16,404‌

Distribution

&

Wholesale

-

0.08%

Ritchie

Bros

Holdings

Inc

7.75%,

03/15/2031

(h)

925‌

973‌

Sumitomo

Corp

1.55%,

07/06/2026

200‌

187‌

Velocity

Vehicle

Group

LLC

8.00%,

06/01/2029

(h)

875‌

901‌

$

2,061‌

Diversified

Financial

Services

-

2.88%

AerCap

Ireland

Capital

DAC

/

AerCap

Global

Aviation

Trust

3.30%,

01/30/2032

150‌

132‌

3.85%,

10/29/2041

150‌

121‌

Air

Lease

Corp

5.30%,

02/01/2028

150‌

152‌

5.85%,

12/15/2027

200‌

205‌

Ally

Financial

Inc

4.75%,

06/09/2027

300‌

296‌

6.70%,

02/14/2033

1,800‌

1,850‌

American

Express

Co

3.13%,

05/20/2026

100‌

97‌

3.55%,

09/15/2026

(g),(k)

7,500‌

7,003‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.85%

5.10%,

02/16/2028

(k)

1,256‌

1,263‌

Secured

Overnight

Financing

Rate

+

1.00%

5.28%,

07/27/2029

(k)

400‌

407‌

Secured

Overnight

Financing

Rate

+

1.28%

Aviation

Capital

Group

LLC

6.25%,

04/15/2028

(h)

100‌

103‌

Avolon

Holdings

Funding

Ltd

2.53%,

11/18/2027

(h)

200‌

183‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

41

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Diversified

Financial

Services

(continued)

Blackstone

Holdings

Finance

Co

LLC

1.63%,

08/05/2028

(h)

$

200‌

$

178‌

2.85%,

08/05/2051

(h)

200‌

126‌

Blue

Owl

Finance

LLC

3.13%,

06/10/2031

(h)

100‌

86‌

Bread

Financial

Holdings

Inc

7.00%,

01/15/2026

(h)

939‌

936‌

9.75%,

03/15/2029

(h)

5,150‌

5,522‌

Burford

Capital

Global

Finance

LLC

9.25%,

07/01/2031

(h)

4,925‌

5,248‌

Caja

de

Compensacion

de

Asignacion

Familiar

de

Los

Andes

7.00%,

07/30/2029

(h)

2,450‌

2,482‌

Cantor

Fitzgerald

LP

4.50%,

04/14/2027

(h)

100‌

98‌

Capital

One

Financial

Corp

1.65%,

06/12/2029

EUR

100‌

98‌

3.80%,

01/31/2028

$

100‌

96‌

3.95%,

09/01/2026

(g),(k)

500‌

461‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.16%

4.93%,

05/10/2028

(k)

150‌

150‌

Secured

Overnight

Financing

Rate

+

2.06%

6.38%,

06/08/2034

(k)

200‌

210‌

Secured

Overnight

Financing

Rate

+

2.86%

Charles

Schwab

Corp/The

1.15%,

05/13/2026

200‌

187‌

3.30%,

04/01/2027

100‌

96‌

4.00%,

06/01/2026

(g),(k)

5,000‌

4,669‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.17%

5.64%,

05/19/2029

(k)

100‌

102‌

Secured

Overnight

Financing

Rate

+

2.21%

6.14%,

08/24/2034

(k)

100‌

106‌

Secured

Overnight

Financing

Rate

+

2.01%

CI

Financial

Corp

3.20%,

12/17/2030

100‌

81‌

CMB

International

Leasing

Management

Ltd

2.88%,

02/04/2031

200‌

177‌

CME

Group

Inc

5.30%,

09/15/2043

100‌

103‌

Credit

Acceptance

Corp

9.25%,

12/15/2028

(h)

3,975‌

4,242‌

Deutsche

Boerse

AG

0.00%,

02/22/2026

(d)

EUR

100‌

103‌

Discover

Financial

Services

4.10%,

02/09/2027

$

200‌

195‌

Drawbridge

Special

Opportunities

Fund

LP

/

Drawbridge

Special

Opportunities

Finance

Corp

3.88%,

02/15/2026

(h)

800‌

769‌

Euronext

NV

0.13%,

05/17/2026

EUR

200‌

205‌

Ford

Credit

Canada

Co/Canada

2.96%,

09/16/2026

CAD

100‌

70‌

IGM

Financial

Inc

6.00%,

12/10/2040

100‌

81‌

Intercontinental

Exchange

Inc

1.85%,

09/15/2032

$

200‌

159‌

3.00%,

09/15/2060

100‌

62‌

4.95%,

06/15/2052

874‌

816‌

5.20%,

06/15/2062

725‌

695‌

Invesco

Finance

PLC

3.75%,

01/15/2026

100‌

98‌

Jefferies

Financial

Group

Inc

2.63%,

10/15/2031

100‌

83‌

Lazard

Group

LLC

4.38%,

03/11/2029

100‌

97‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Diversified

Financial

Services

(continued)

Lseg

Netherlands

BV

0.25%,

04/06/2028

EUR

200‌

$

195‌

Mastercard

Inc

1.90%,

03/15/2031

$

300‌

257‌

Nasdaq

Inc

0.90%,

07/30/2033

EUR

100‌

87‌

5.35%,

06/28/2028

$

100‌

103‌

5.95%,

08/15/2053

360‌

375‌

6.10%,

06/28/2063

311‌

327‌

Nationstar

Mortgage

Holdings

Inc

5.00%,

02/01/2026

(h)

1,025‌

1,008‌

5.50%,

08/15/2028

(h)

1,925‌

1,870‌

6.50%,

08/01/2029

(h),(j)

2,000‌

1,997‌

7.13%,

02/01/2032

(h)

1,575‌

1,608‌

Nomura

Holdings

Inc

2.17%,

07/14/2028

200‌

180‌

3.00%,

01/22/2032

200‌

171‌

5.78%,

07/03/2034

561‌

577‌

OneMain

Finance

Corp

4.00%,

09/15/2030

2,525‌

2,210‌

6.63%,

01/15/2028

1,425‌

1,444‌

7.50%,

05/15/2031

1,925‌

1,979‌

7.88%,

03/15/2030

1,800‌

1,877‌

ORIX

Corp

5.20%,

09/13/2032

50‌

51‌

Oxford

Finance

LLC

/

Oxford

Finance

Co-Issuer

II

Inc

6.38%,

02/01/2027

(h)

4,450‌

4,344‌

Provident

Funding

Associates

LP

/

PFG

Finance

Corp

6.38%,

06/15/2025

(h)

2,855‌

2,776‌

Raymond

James

Financial

Inc

4.65%,

04/01/2030

200‌

199‌

Rocket

Mortgage

LLC

/

Rocket

Mortgage

Co-Issuer

Inc

3.88%,

03/01/2031

(h)

4,375‌

3,892‌

4.00%,

10/15/2033

(h)

1,075‌

925‌

Sagen

MI

Canada

Inc

3.26%,

03/05/2031

CAD

100‌

64‌

SIX

Finance

Luxembourg

SA

0.00%,

12/02/2025

(d)

EUR

100‌

103‌

SOCAR

Turkey

Enerji

AS

via

Steas

Funding

1

DAC

7.23%,

03/17/2026

$

1,800‌

1,773‌

StoneX

Group

Inc

7.88%,

03/01/2031

(h)

1,650‌

1,718‌

Synchrony

Financial

2.88%,

10/28/2031

100‌

82‌

4.50%,

07/23/2025

1,659‌

1,640‌

United

Wholesale

Mortgage

LLC

5.50%,

04/15/2029

(h)

975‌

940‌

USAA

Capital

Corp

3.38%,

05/01/2025

(h)

1,342‌

1,324‌

Visa

Inc

2.00%,

06/15/2029

EUR

100‌

104‌

2.05%,

04/15/2030

$

300‌

264‌

3.65%,

09/15/2047

100‌

80‌

$

77,243‌

Electric

-

2.60%

AES

Corp/The

2.45%,

01/15/2031

696‌

585‌

5.45%,

06/01/2028

675‌

681‌

Alabama

Power

Co

3.00%,

03/15/2052

250‌

167‌

Algonquin

Power

&

Utilities

Corp

5.37%,

06/15/2026

(l)

338‌

339‌

AltaLink

LP

4.87%,

11/15/2040

CAD

100‌

74‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

42

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Electric

(continued)

Ameren

Corp

5.70%,

12/01/2026

$

406‌

$

413‌

Ameren

Illinois

Co

3.85%,

09/01/2032

100‌

93‌

American

Electric

Power

Co

Inc

5.70%,

08/15/2025

300‌

301‌

6.95%,

12/15/2054

(k)

600‌

607‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.68%

7.05%,

12/15/2054

(k)

800‌

809‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.75%

Amprion

GmbH

4.13%,

09/07/2034

EUR

100‌

113‌

Appalachian

Power

Co

4.50%,

03/01/2049

$

100‌

82‌

7.00%,

04/01/2038

100‌

113‌

Arizona

Public

Service

Co

4.50%,

04/01/2042

100‌

87‌

5.55%,

08/01/2033

100‌

102‌

Ausgrid

Finance

Pty

Ltd

1.81%,

02/05/2027

AUD

200‌

121‌

AusNet

Services

Holdings

Pty

Ltd

1.63%,

03/11/2081

(k)

EUR

150‌

152‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

1.94%

2.60%,

07/31/2029

AUD

100‌

58‌

Avangrid

Inc

3.80%,

06/01/2029

$

100‌

95‌

Baltimore

Gas

and

Electric

Co

5.40%,

06/01/2053

100‌

98‌

Berkshire

Hathaway

Energy

Co

3.80%,

07/15/2048

100‌

76‌

4.05%,

04/15/2025

200‌

198‌

4.60%,

05/01/2053

100‌

86‌

Black

Hills

Corp

6.15%,

05/15/2034

100‌

104‌

Brookfield

Infrastructure

Finance

ULC

5.98%,

02/14/2033

CAD

100‌

78‌

Brookfield

Renewable

Partners

ULC

5.88%,

11/09/2032

100‌

79‌

Bruce

Power

LP

4.70%,

12/21/2027

100‌

74‌

CenterPoint

Energy

Houston

Electric

LLC

5.20%,

10/01/2028

$

150‌

153‌

CenterPoint

Energy

Inc

2.65%,

06/01/2031

200‌

172‌

CMS

Energy

Corp

3.75%,

12/01/2050

(k)

539‌

452‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.90%

4.75%,

06/01/2050

(k)

888‌

819‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.12%

Cometa

Energia

SA

de

CV

6.38%,

04/24/2035

2,343‌

2,308‌

Comision

Federal

de

Electricidad

5.00%,

09/29/2036

1,483‌

1,316‌

Commonwealth

Edison

Co

3.80%,

10/01/2042

200‌

163‌

Consolidated

Edison

Co

of

New

York

Inc

3.20%,

12/01/2051

100‌

68‌

3.95%,

04/01/2050

730‌

591‌

4.45%,

03/15/2044

391‌

344‌

4.50%,

05/15/2058

100‌

84‌

4.63%,

12/01/2054

100‌

87‌

Constellation

Energy

Generation

LLC

5.80%,

03/01/2033

200‌

208‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Electric

(continued)

Consumers

Energy

Co

3.60%,

08/15/2032

$

200‌

$

183‌

4.90%,

02/15/2029

100‌

101‌

Dominion

Energy

Inc

3.38%,

04/01/2030

100‌

92‌

4.65%,

12/15/2024

(g),(k)

6,000‌

5,960‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.99%

4.85%,

08/15/2052

100‌

89‌

5.75%,

10/01/2054

(k)

353‌

350‌

3

Month

USD

LIBOR

+

3.06%

DTE

Electric

Co

1.90%,

04/01/2028

200‌

182‌

3.95%,

03/01/2049

1,127‌

909‌

4.05%,

05/15/2048

100‌

82‌

DTE

Energy

Co

4.88%,

06/01/2028

960‌

960‌

Duke

Energy

Carolinas

LLC

3.55%,

03/15/2052

432‌

315‌

5.40%,

01/15/2054

265‌

262‌

Duke

Energy

Corp

3.10%,

06/15/2028

EUR

100‌

107‌

3.75%,

09/01/2046

$

200‌

151‌

5.00%,

12/08/2027

200‌

202‌

5.80%,

06/15/2054

558‌

558‌

Duke

Energy

Florida

LLC

5.95%,

11/15/2052

359‌

378‌

Duke

Energy

Indiana

LLC

3.25%,

10/01/2049

200‌

138‌

5.40%,

04/01/2053

200‌

196‌

Duke

Energy

Ohio

Inc

5.55%,

03/15/2054

50‌

50‌

5.65%,

04/01/2053

272‌

274‌

Duke

Energy

Progress

LLC

2.50%,

08/15/2050

200‌

119‌

4.00%,

04/01/2052

585‌

459‌

Duquesne

Light

Holdings

Inc

2.53%,

10/01/2030

(h)

100‌

85‌

E.ON

International

Finance

BV

1.63%,

05/30/2026

EUR

100‌

106‌

5.88%,

10/30/2037

GBP

100‌

134‌

E.ON

SE

3.50%,

10/26/2037

EUR

200‌

211‌

Eastern

Power

Networks

PLC

1.88%,

06/01/2035

GBP

100‌

95‌

Edison

International

5.25%,

11/15/2028

$

200‌

202‌

EDP

Finance

BV

3.88%,

03/11/2030

EUR

100‌

111‌

Electricidad

Firme

de

Mexico

Holdings

SA

de

CV

4.90%,

11/20/2026

(h)

$

1,850‌

1,755‌

4.90%,

11/20/2026

900‌

854‌

Emera

US

Finance

LP

4.75%,

06/15/2046

1,190‌

1,003‌

Enel

Finance

America

LLC

2.88%,

07/12/2041

(h)

200‌

136‌

Enel

Finance

International

NV

1.50%,

07/21/2025

EUR

200‌

212‌

3.50%,

04/06/2028

(h)

$

347‌

331‌

4.25%,

06/15/2025

(h)

200‌

198‌

4.50%,

02/20/2043

EUR

100‌

113‌

4.75%,

05/25/2047

(h)

$

283‌

243‌

5.13%,

06/26/2029

(h)

475‌

477‌

Enel

SpA

5.75%,

06/22/2037

GBP

100‌

132‌

6.38%,

04/16/2028

(g),(k)

EUR

200‌

230‌

Euribor

Swap

Rate

5

Year

+

3.49%

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

43

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Electric

(continued)

Engie

SA

0.38%,

06/11/2027

EUR

200‌

$

200‌

1.88%,

01/02/2031

(g),(k)

100‌

91‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

2.09%

2.13%,

03/30/2032

200‌

198‌

3.63%,

01/11/2030

100‌

110‌

4.25%,

01/11/2043

100‌

110‌

5.25%,

04/10/2029

(h)

$

498‌

505‌

5.63%,

04/10/2034

(h)

200‌

204‌

5.88%,

04/10/2054

(h)

562‌

559‌

Entergy

Arkansas

LLC

4.20%,

04/01/2049

100‌

81‌

Entergy

Louisiana

LLC

2.35%,

06/15/2032

200‌

167‌

2.40%,

10/01/2026

300‌

286‌

Entergy

Mississippi

LLC

3.50%,

06/01/2051

377‌

269‌

Entergy

Texas

Inc

4.50%,

03/30/2039

1,624‌

1,489‌

EPH

Financing

International

AS

5.88%,

11/30/2029

EUR

2,200‌

2,441‌

Eurogrid

GmbH

0.74%,

04/21/2033

100‌

86‌

Evergy

Metro

Inc

4.20%,

06/15/2047

$

100‌

83‌

Eversource

Energy

3.45%,

01/15/2050

100‌

71‌

Exelon

Corp

3.40%,

04/15/2026

100‌

98‌

4.10%,

03/15/2052

100‌

79‌

FirstEnergy

Corp

4.85%,

07/15/2047

708‌

622‌

FirstEnergy

Pennsylvania

Electric

Co

5.20%,

04/01/2028

(h)

1,113‌

1,126‌

FirstEnergy

Transmission

LLC

4.55%,

04/01/2049

(h)

1,393‌

1,191‌

Florida

Power

&

Light

Co

2.85%,

04/01/2025

100‌

99‌

3.99%,

03/01/2049

100‌

82‌

4.05%,

10/01/2044

100‌

85‌

5.15%,

06/15/2029

942‌

966‌

5.30%,

06/15/2034

150‌

155‌

FortisAlberta

Inc

4.27%,

09/22/2045

CAD

100‌

68‌

Georgia

Power

Co

3.25%,

03/15/2051

$

1,146‌

800‌

Hydro

One

Inc

3.63%,

06/25/2049

CAD

300‌

184‌

Iberdrola

Finanzas

SA

1.38%,

03/11/2032

EUR

100‌

96‌

1.62%,

11/29/2029

100‌

102‌

4.88%,

04/25/2028

(g),(k)

100‌

111‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

2.26%

Indianapolis

Power

&

Light

Co

5.70%,

04/01/2054

(h)

$

50‌

51‌

Interstate

Power

and

Light

Co

3.50%,

09/30/2049

766‌

555‌

Iren

SpA

0.88%,

10/14/2029

EUR

100‌

96‌

ITC

Holdings

Corp

3.35%,

11/15/2027

$

100‌

96‌

Kentucky

Power

Co

7.00%,

11/15/2033

(h)

1,332‌

1,442‌

Kentucky

Utilities

Co

5.13%,

11/01/2040

100‌

97‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Electric

(continued)

Liberty

Utilities

Finance

GP

1

2.05%,

09/15/2030

(h)

$

496‌

$

417‌

MidAmerican

Energy

Co

5.30%,

02/01/2055

50‌

49‌

5.35%,

01/15/2034

50‌

52‌

5.85%,

09/15/2054

50‌

53‌

Monongahela

Power

Co

5.85%,

02/15/2034

(h)

100‌

104‌

Narragansett

Electric

Co/The

5.35%,

05/01/2034

(h)

649‌

656‌

National

Grid

Electricity

Distribution

East

Midlands

PLC

3.95%,

09/20/2032

EUR

100‌

110‌

National

Grid

Electricity

Distribution

West

Midlands

PLC

5.75%,

04/16/2032

GBP

100‌

133‌

National

Grid

PLC

0.25%,

09/01/2028

EUR

200‌

192‌

National

Rural

Utilities

Cooperative

Finance

Corp

2.85%,

01/27/2025

$

1,204‌

1,189‌

5.10%,

05/06/2027

215‌

218‌

5.80%,

01/15/2033

100‌

106‌

Naturgy

Finance

Iberia

SA

1.50%,

01/29/2028

EUR

100‌

102‌

Network

Finance

Co

Pty

Ltd

2.58%,

10/03/2028

AUD

100‌

59‌

Nevada

Power

Co

3.13%,

08/01/2050

$

100‌

66‌

New

England

Power

Co

3.80%,

12/05/2047

(h)

100‌

77‌

New

York

State

Electric

&

Gas

Corp

5.85%,

08/15/2033

(h)

882‌

917‌

NextEra

Energy

Capital

Holdings

Inc

1.88%,

01/15/2027

200‌

187‌

5.25%,

02/28/2053

100‌

95‌

5.65%,

05/01/2079

(k)

100‌

96‌

3

Month

USD

LIBOR

+

3.16%

5.75%,

09/01/2025

468‌

471‌

Niagara

Mohawk

Power

Corp

5.66%,

01/17/2054

(h)

50‌

50‌

Northern

Powergrid

Northeast

PLC

1.88%,

06/16/2062

GBP

100‌

62‌

Northern

States

Power

Co/MN

2.60%,

06/01/2051

$

100‌

62‌

NRG

Energy

Inc

7.00%,

03/15/2033

(h)

50‌

54‌

Oglethorpe

Power

Corp

3.75%,

08/01/2050

100‌

74‌

Oklahoma

Gas

and

Electric

Co

3.25%,

04/01/2030

100‌

92‌

Oncor

Electric

Delivery

Co

LLC

3.70%,

05/15/2050

100‌

76‌

4.15%,

06/01/2032

615‌

587‌

4.30%,

05/15/2028

100‌

99‌

5.75%,

03/15/2029

200‌

209‌

Pacific

Gas

and

Electric

Co

3.30%,

03/15/2027

150‌

144‌

3.30%,

08/01/2040

400‌

292‌

3.95%,

12/01/2047

554‌

410‌

4.30%,

03/15/2045

1,658‌

1,304‌

4.95%,

06/08/2025

675‌

672‌

6.10%,

01/15/2029

75‌

78‌

6.75%,

01/15/2053

100‌

107‌

PacifiCorp

4.10%,

02/01/2042

200‌

161‌

PECO

Energy

Co

3.15%,

10/15/2025

50‌

49‌

3.90%,

03/01/2048

150‌

119‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

44

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Electric

(continued)

PPL

Electric

Utilities

Corp

6.25%,

05/15/2039

$

100‌

$

111‌

Public

Service

Co

of

Colorado

1.90%,

01/15/2031

100‌

83‌

2.70%,

01/15/2051

1,947‌

1,179‌

3.70%,

06/15/2028

730‌

705‌

4.10%,

06/15/2048

953‌

752‌

5.25%,

04/01/2053

100‌

94‌

Public

Service

Co

of

New

Hampshire

2.20%,

06/15/2031

300‌

254‌

Public

Service

Co

of

Oklahoma

2.20%,

08/15/2031

863‌

716‌

Public

Service

Electric

and

Gas

Co

3.00%,

05/15/2025

100‌

98‌

5.13%,

03/15/2053

100‌

97‌

Public

Service

Enterprise

Group

Inc

2.45%,

11/15/2031

100‌

85‌

Puget

Energy

Inc

4.10%,

06/15/2030

100‌

94‌

Puget

Sound

Energy

Inc

5.45%,

06/01/2053

100‌

99‌

5.69%,

06/15/2054

539‌

551‌

Red

Electrica

Financiaciones

SAU

1.25%,

03/13/2027

EUR

100‌

104‌

RWE

AG

2.75%,

05/24/2030

100‌

105‌

RWE

Finance

US

LLC

6.25%,

04/16/2054

(h)

$

1,447‌

1,479‌

San

Diego

Gas

&

Electric

Co

3.70%,

03/15/2052

100‌

75‌

4.95%,

08/15/2028

100‌

101‌

Sempra

4.13%,

04/01/2052

(k)

75‌

69‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.87%

Southern

California

Edison

Co

3.60%,

02/01/2045

200‌

151‌

4.88%,

02/01/2027

698‌

701‌

5.85%,

11/01/2027

649‌

670‌

5.95%,

11/01/2032

300‌

318‌

Southern

Co/The

3.75%,

09/15/2051

(k)

2,000‌

1,886‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.92%

4.85%,

06/15/2028

100‌

101‌

5.15%,

10/06/2025

100‌

100‌

Southern

Power

Co

5.25%,

07/15/2043

200‌

189‌

Southwestern

Electric

Power

Co

3.25%,

11/01/2051

200‌

131‌

Southwestern

Public

Service

Co

6.00%,

06/01/2054

50‌

51‌

SP

Distribution

PLC

5.88%,

07/17/2026

GBP

100‌

131‌

SSE

PLC

4.00%,

01/21/2028

(g),(k)

EUR

150‌

160‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

2.70%

Tampa

Electric

Co

4.45%,

06/15/2049

$

100‌

87‌

Teollisuuden

Voima

Oyj

2.63%,

03/31/2027

EUR

200‌

212‌

Terna

-

Rete

Elettrica

Nazionale

3.88%,

07/24/2033

100‌

111‌

Union

Electric

Co

3.25%,

10/01/2049

$

200‌

140‌

3.90%,

04/01/2052

533‌

420‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Electric

(continued)

Virginia

Electric

and

Power

Co

2.40%,

03/30/2032

$

300‌

$

254‌

4.60%,

12/01/2048

150‌

130‌

Vistra

Operations

Co

LLC

6.95%,

10/15/2033

(h)

100‌

109‌

WEC

Energy

Group

Inc

2.20%,

12/15/2028

200‌

180‌

Xcel

Energy

Inc

5.45%,

08/15/2033

100‌

101‌

$

69,680‌

Electrical

Components

&

Equipment

-

0.05%

Emerson

Electric

Co

0.88%,

10/15/2026

100‌

92‌

Schneider

Electric

SE

3.38%,

04/13/2034

EUR

100‌

110‌

WESCO

Distribution

Inc

6.63%,

03/15/2032

(h)

$

1,125‌

1,146‌

$

1,348‌

Electronics

-

0.37%

Allegion

US

Holding

Co

Inc

5.41%,

07/01/2032

825‌

843‌

5.60%,

05/29/2034

399‌

409‌

Amphenol

Corp

4.75%,

03/30/2026

100‌

100‌

5.05%,

04/05/2029

568‌

579‌

5.25%,

04/05/2034

338‌

345‌

Arrow

Electronics

Inc

3.88%,

01/12/2028

200‌

192‌

EquipmentShare.com

Inc

8.63%,

05/15/2032

(h)

1,975‌

2,050‌

Flex

Ltd

6.00%,

01/15/2028

200‌

206‌

Honeywell

International

Inc

0.75%,

03/10/2032

EUR

100‌

90‌

1.10%,

03/01/2027

$

100‌

92‌

1.75%,

09/01/2031

(i)

825‌

685‌

1.95%,

06/01/2030

100‌

87‌

2.50%,

11/01/2026

100‌

96‌

3.75%,

05/17/2032

EUR

100‌

110‌

4.25%,

01/15/2029

$

681‌

677‌

4.50%,

01/15/2034

100‌

98‌

4.95%,

09/01/2031

633‌

646‌

5.25%,

03/01/2054

781‌

774‌

5.35%,

03/01/2064

50‌

50‌

Keysight

Technologies

Inc

4.60%,

04/06/2027

100‌

99‌

TD

SYNNEX

Corp

6.10%,

04/12/2034

195‌

201‌

Trimble

Inc

4.90%,

06/15/2028

648‌

648‌

6.10%,

03/15/2033

448‌

472‌

Vontier

Corp

2.40%,

04/01/2028

100‌

90‌

2.95%,

04/01/2031

269‌

229‌

$

9,868‌

Energy

-

Alternate

Sources

-

0.12%

Acciona

Energia

Financiacion

Filiales

SA

1.38%,

01/26/2032

EUR

100‌

90‌

Contemporary

Ruiding

Development

Ltd

1.88%,

09/17/2025

$

200‌

193‌

Energo-Pro

AS

8.50%,

02/04/2027

325‌

325‌

8.50%,

02/04/2027

(h)

1,300‌

1,301‌

FS

Luxembourg

Sarl

8.88%,

02/12/2031

(h)

1,050‌

1,031‌

8.88%,

02/12/2031

200‌

196‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

45

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Energy

-

Alternate

Sources

(continued)

Worley

Financial

Services

Pty

Ltd

5.95%,

10/13/2028

AUD

200‌

$

132‌

$

3,268‌

Engineering

&

Construction

-

0.38%

ABB

Finance

BV

3.38%,

01/15/2034

EUR

100‌

109‌

Aeroports

de

Montreal

3.03%,

04/21/2050

CAD

150‌

83‌

Aeropuertos

Dominicanos

Siglo

XXI

SA

7.00%,

06/30/2034

(h)

$

1,875‌

1,934‌

Bouygues

SA

1.38%,

06/07/2027

EUR

100‌

104‌

2.25%,

06/29/2029

300‌

311‌

Calgary

Airport

Authority/The

3.20%,

10/07/2036

CAD

200‌

126‌

Cellnex

Finance

Co

SA

2.00%,

02/15/2033

EUR

100‌

95‌

Coastal

Gaslink

Pipeline

LP

4.69%,

09/30/2029

CAD

200‌

149‌

5.19%,

09/30/2034

100‌

76‌

Gatwick

Funding

Ltd

2.88%,

07/05/2051

GBP

100‌

81‌

Heathrow

Funding

Ltd

1.88%,

03/14/2036

EUR

100‌

93‌

2.75%,

10/13/2031

GBP

100‌

116‌

HOCHTIEF

AG

0.63%,

04/26/2029

EUR

100‌

95‌

HTA

Group

Ltd/Mauritius

7.50%,

06/04/2029

(h)

$

1,900‌

1,905‌

IHS

Holding

Ltd

5.63%,

11/29/2026

250‌

238‌

IHS

Netherlands

Holdco

BV

8.00%,

09/18/2027

2,650‌

2,583‌

Jacobs

Engineering

Group

Inc

5.90%,

03/01/2033

449‌

459‌

6.35%,

08/18/2028

541‌

565‌

Manchester

Airport

Group

Funding

PLC

2.88%,

09/30/2044

GBP

100‌

86‌

MasTec

Inc

5.90%,

06/15/2029

$

600‌

611‌

Sydney

Airport

Finance

Co

Pty

Ltd

4.38%,

05/03/2033

EUR

100‌

114‌

Vancouver

Airport

Authority

1.76%,

09/20/2030

CAD

250‌

160‌

Vinci

SA

2.75%,

09/15/2034

GBP

100‌

109‌

$

10,202‌

Entertainment

-

1.17%

Caesars

Entertainment

Inc

4.63%,

10/15/2029

(h)

$

2,825‌

2,625‌

7.00%,

02/15/2030

(h)

5,125‌

5,287‌

Cinemark

USA

Inc

5.25%,

07/15/2028

(h),(i)

6,175‌

5,970‌

7.00%,

08/01/2032

(h)

675‌

687‌

Everi

Holdings

Inc

5.00%,

07/15/2029

(h)

3,275‌

3,244‌

Light

&

Wonder

International

Inc

7.50%,

09/01/2031

(h)

800‌

835‌

Live

Nation

Entertainment

Inc

4.75%,

10/15/2027

(h)

2,600‌

2,521‌

6.50%,

05/15/2027

(h)

1,200‌

1,214‌

Scientific

Games

Holdings

LP/Scientific

Games

US

FinCo

Inc

6.63%,

03/01/2030

(h)

2,080‌

2,034‌

Six

Flags

Entertainment

Corp

/

Six

Flags

Theme

Parks

Inc

6.63%,

05/01/2032

(h)

1,190‌

1,222‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Entertainment

(continued)

Speedway

Motorsports

LLC

/

Speedway

Funding

II

Inc

4.88%,

11/01/2027

(h)

$

2,925‌

$

2,816‌

Warnermedia

Holdings

Inc

3.76%,

03/15/2027

200‌

190‌

4.28%,

03/15/2032

200‌

173‌

5.14%,

03/15/2052

200‌

149‌

5.39%,

03/15/2062

265‌

198‌

Wynn

Resorts

Finance

LLC

/

Wynn

Resorts

Capital

Corp

5.13%,

10/01/2029

(h)

1,050‌

1,011‌

7.13%,

02/15/2031

(h)

1,175‌

1,225‌

$

31,401‌

Environmental

Control

-

0.76%

Clean

Harbors

Inc

6.38%,

02/01/2031

(h)

225‌

228‌

GFL

Environmental

Inc

4.00%,

08/01/2028

(h)

500‌

470‌

4.38%,

08/15/2029

(h)

2,675‌

2,502‌

4.75%,

06/15/2029

(h)

2,375‌

2,263‌

Madison

IAQ

LLC

5.88%,

06/30/2029

(h)

9,068‌

8,489‌

Republic

Services

Inc

5.00%,

11/15/2029

1,139‌

1,159‌

5.00%,

04/01/2034

562‌

565‌

Reworld

Holding

Corp

4.88%,

12/01/2029

(h)

1,575‌

1,440‌

Waste

Connections

Inc

2.20%,

01/15/2032

1,430‌

1,196‌

2.95%,

01/15/2052

100‌

66‌

Waste

Management

Inc

3.15%,

11/15/2027

100‌

96‌

4.63%,

02/15/2033

100‌

99‌

4.88%,

02/15/2029

150‌

152‌

4.88%,

02/15/2034

664‌

667‌

4.95%,

07/03/2027

932‌

943‌

$

20,335‌

Food

-

1.81%

Albertsons

Cos

Inc

/

Safeway

Inc

/

New

Albertsons

LP

/

Albertsons

LLC

3.50%,

03/15/2029

(h)

1,025‌

934‌

Bimbo

Bakeries

USA

Inc

6.40%,

01/15/2034

200‌

216‌

Carrefour

SA

1.88%,

10/30/2026

EUR

200‌

210‌

Chobani

LLC

/

Chobani

Finance

Corp

Inc

7.63%,

07/01/2029

(h)

$

450‌

466‌

Conagra

Brands

Inc

4.85%,

11/01/2028

100‌

100‌

5.30%,

11/01/2038

100‌

97‌

7.00%,

10/01/2028

828‌

893‌

Danone

SA

0.52%,

11/09/2030

EUR

100‌

92‌

Fiesta

Purchaser

Inc

7.88%,

03/01/2031

(h),(i)

$

2,730‌

2,848‌

General

Mills

Inc

4.20%,

04/17/2028

100‌

98‌

Hormel

Foods

Corp

1.70%,

06/03/2028

100‌

90‌

4.80%,

03/30/2027

851‌

857‌

Indofood

CBP

Sukses

Makmur

Tbk

PT

3.40%,

06/09/2031

200‌

177‌

J

M

Smucker

Co/The

2.38%,

03/15/2030

100‌

89‌

5.90%,

11/15/2028

554‌

581‌

6.50%,

11/15/2043

439‌

475‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

46

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Food

(continued)

JBS

USA

Holding

Lux

Sarl/

JBS

USA

Food

Co/

JBS

Lux

Co

Sarl

2.50%,

01/15/2027

$

100‌

$

94‌

6.50%,

12/01/2052

50‌

50‌

7.25%,

11/15/2053

(h)

100‌

110‌

Kellanova

4.30%,

05/15/2028

200‌

198‌

Kraft

Heinz

Foods

Co

3.88%,

05/15/2027

200‌

196‌

4.38%,

06/01/2046

2,065‌

1,735‌

4.63%,

10/01/2039

100‌

91‌

4.88%,

10/01/2049

494‌

441‌

5.50%,

06/01/2050

100‌

98‌

Kroger

Co/The

3.88%,

10/15/2046

277‌

215‌

4.65%,

01/15/2048

150‌

130‌

Lamb

Weston

Holdings

Inc

4.38%,

01/31/2032

(h)

300‌

270‌

Loblaw

Cos

Ltd

5.01%,

09/13/2032

CAD

100‌

75‌

Mars

Inc

3.95%,

04/01/2044

(h)

$

100‌

84‌

4.65%,

04/20/2031

(h)

1,147‌

1,141‌

Metro

Inc/CN

3.39%,

12/06/2027

CAD

200‌

142‌

4.27%,

12/04/2047

100‌

65‌

Minerva

Luxembourg

SA

8.88%,

09/13/2033

(h)

$

1,775‌

1,872‌

8.88%,

09/13/2033

300‌

316‌

Mondelez

International

Holdings

Netherlands

BV

0.25%,

09/09/2029

EUR

100‌

94‌

Mondelez

International

Inc

0.25%,

03/17/2028

200‌

195‌

Nestle

Finance

International

Ltd

1.25%,

03/29/2031

200‌

196‌

3.75%,

03/13/2033

100‌

114‌

Nestle

Holdings

Inc

2.50%,

04/04/2032

GBP

100‌

113‌

2.63%,

09/14/2051

(h)

$

150‌

96‌

4.85%,

03/14/2033

(h)

200‌

204‌

5.25%,

03/13/2026

(h)

911‌

921‌

Nestle

SA

1.63%,

07/15/2026

CHF

200‌

230‌

Performance

Food

Group

Inc

4.25%,

08/01/2029

(h)

$

1,900‌

1,760‌

5.50%,

10/15/2027

(h)

2,950‌

2,911‌

Pilgrim's

Pride

Corp

6.25%,

07/01/2033

100‌

104‌

Post

Holdings

Inc

4.50%,

09/15/2031

(h)

4,100‌

3,729‌

4.63%,

04/15/2030

(h)

400‌

373‌

5.50%,

12/15/2029

(h)

1,050‌

1,019‌

Simmons

Foods

Inc/Simmons

Prepared

Foods

Inc/

Simmons

Pet

Food

Inc/Simmons

Feed

4.63%,

03/01/2029

(h)

8,090‌

7,280‌

Smithfield

Foods

Inc

2.63%,

09/13/2031

(h)

100‌

82‌

Sysco

Corp

4.45%,

03/15/2048

1,880‌

1,592‌

4.50%,

04/01/2046

1,039‌

897‌

5.95%,

04/01/2030

118‌

125‌

6.60%,

04/01/2050

541‌

613‌

Tesco

Corporate

Treasury

Services

PLC

2.75%,

04/27/2030

GBP

100‌

116‌

Tyson

Foods

Inc

5.10%,

09/28/2048

$

100‌

90‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Food

(continued)

US

Foods

Inc

4.63%,

06/01/2030

(h)

$

1,790‌

$

1,678‌

4.75%,

02/15/2029

(h)

2,493‌

2,387‌

7.25%,

01/15/2032

(h)

5,772‌

6,036‌

$

48,501‌

Food

Service

-

0.12%

Aramark

Services

Inc

5.00%,

02/01/2028

(h)

3,385‌

3,306‌

Forest

Products

&

Paper

-

0.07%

Georgia-Pacific

LLC

0.95%,

05/15/2026

(h)

1,729‌

1,618‌

2.30%,

04/30/2030

(h)

100‌

88‌

International

Paper

Co

4.40%,

08/15/2047

150‌

125‌

Suzano

Austria

GmbH

3.13%,

01/15/2032

200‌

166‌

$

1,997‌

Gas

-

0.17%

2i

Rete

Gas

SpA

4.38%,

06/06/2033

EUR

100‌

113‌

AltaGas

Ltd

4.12%,

04/07/2026

CAD

300‌

216‌

APA

Infrastructure

Ltd

2.50%,

03/15/2036

GBP

100‌

94‌

Atmos

Energy

Corp

1.50%,

01/15/2031

$

100‌

82‌

2.85%,

02/15/2052

100‌

64‌

5.75%,

10/15/2052

189‌

196‌

Brooklyn

Union

Gas

Co/The

6.39%,

09/15/2033

(h)

150‌

158‌

6.42%,

07/18/2054

(h)

479‌

491‌

Cadent

Finance

PLC

5.75%,

03/14/2034

GBP

100‌

132‌

CenterPoint

Energy

Resources

Corp

5.25%,

03/01/2028

$

200‌

203‌

CU

Inc

5.09%,

09/20/2053

CAD

150‌

115‌

Enbridge

Gas

Inc

4.00%,

08/22/2044

200‌

130‌

ENN

Energy

Holdings

Ltd

2.63%,

09/17/2030

$

200‌

178‌

EP

Infrastructure

AS

2.05%,

10/09/2028

EUR

100‌

96‌

Italgas

SpA

1.00%,

12/11/2031

100‌

91‌

KeySpan

Gas

East

Corp

5.99%,

03/06/2033

(h)

$

881‌

906‌

NiSource

Inc

5.65%,

02/01/2045

100‌

99‌

ONE

Gas

Inc

2.00%,

05/15/2030

200‌

174‌

Snam

SpA

3.38%,

12/05/2026

EUR

200‌

217‌

Southern

California

Gas

Co

2.95%,

04/15/2027

$

100‌

96‌

3.95%,

02/15/2050

25‌

20‌

5.60%,

04/01/2054

394‌

400‌

Southern

Co

Gas

Capital

Corp

1.75%,

01/15/2031

75‌

62‌

Vier

Gas

Transport

GmbH

4.63%,

09/26/2032

EUR

100‌

116‌

Wales

&

West

Utilities

Finance

PLC

3.00%,

08/03/2038

GBP

100‌

99‌

$

4,548‌

Hand

&

Machine

Tools

-

0.09%

Regal

Rexnord

Corp

6.30%,

02/15/2030

$

150‌

156‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

47

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Hand

&

Machine

Tools

(continued)

Stanley

Black

&

Decker

Inc

4.00%,

03/15/2060

(k)

$

2,042‌

$

1,885‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.66%

6.00%,

03/06/2028

250‌

261‌

$

2,302‌

Healthcare

-

Products

-

0.69%

Abbott

Laboratories

3.75%,

11/30/2026

200‌

197‌

4.75%,

04/15/2043

200‌

194‌

Agilent

Technologies

Inc

2.30%,

03/12/2031

1,417‌

1,210‌

Alcon

Finance

Corp

3.00%,

09/23/2029

(h)

200‌

184‌

American

Medical

Systems

Europe

BV

1.38%,

03/08/2028

EUR

100‌

102‌

Baxter

International

Inc

2.54%,

02/01/2032

$

100‌

84‌

3.95%,

04/01/2030

100‌

95‌

Becton

Dickinson

Euro

Finance

Sarl

3.55%,

09/13/2029

EUR

150‌

164‌

Boston

Scientific

Corp

2.65%,

06/01/2030

$

200‌

180‌

DH

Europe

Finance

II

Sarl

2.60%,

11/15/2029

200‌

182‌

3.40%,

11/15/2049

100‌

74‌

DH

Europe

Finance

Sarl

1.20%,

06/30/2027

EUR

200‌

206‌

EssilorLuxottica

SA

0.50%,

06/05/2028

200‌

198‌

GE

HealthCare

Technologies

Inc

5.60%,

11/15/2025

$

100‌

101‌

5.65%,

11/15/2027

1,973‌

2,022‌

5.91%,

11/22/2032

200‌

211‌

Koninklijke

Philips

NV

4.25%,

09/08/2031

EUR

100‌

113‌

Medline

Borrower

LP

5.25%,

10/01/2029

(h)

$

775‌

749‌

Medtronic

Global

Holdings

SCA

1.13%,

03/07/2027

EUR

100‌

103‌

1.63%,

10/15/2050

100‌

71‌

2.25%,

03/07/2039

100‌

91‌

Medtronic

Inc

4.38%,

03/15/2035

$

100‌

97‌

Molnlycke

Holding

AB

4.25%,

09/08/2028

EUR

100‌

111‌

Neogen

Food

Safety

Corp

8.63%,

07/20/2030

(h)

$

2,360‌

2,549‌

Sartorius

Finance

BV

4.88%,

09/14/2035

EUR

100‌

115‌

Solventum

Corp

5.90%,

04/30/2054

(h)

$

100‌

98‌

Sotera

Health

Holdings

LLC

7.38%,

06/01/2031

(h)

6,430‌

6,559‌

STERIS

Irish

FinCo

UnLtd

Co

3.75%,

03/15/2051

1,394‌

1,032‌

Stryker

Corp

0.75%,

03/01/2029

EUR

100‌

97‌

3.38%,

11/01/2025

$

100‌

98‌

4.85%,

12/08/2028

100‌

101‌

Thermo

Fisher

Scientific

Finance

I

BV

2.00%,

10/18/2051

EUR

100‌

76‌

Thermo

Fisher

Scientific

Inc

1.50%,

10/01/2039

100‌

82‌

2.04%,

03/07/2036

CHF

50‌

61‌

4.98%,

08/10/2030

$

100‌

102‌

5.00%,

01/31/2029

588‌

600‌

5.40%,

08/10/2043

100‌

102‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Healthcare

-

Products

(continued)

Zimmer

Biomet

Holdings

Inc

1.16%,

11/15/2027

EUR

100‌

$

101‌

$

18,512‌

Healthcare

-

Services

-

2.02%

Acadia

Healthcare

Co

Inc

5.00%,

04/15/2029

(h)

$

1,425‌

1,364‌

5.50%,

07/01/2028

(h)

880‌

863‌

Advocate

Health

&

Hospitals

Corp

4.27%,

08/15/2048

100‌

89‌

Aetna

Inc

4.75%,

03/15/2044

100‌

87‌

Banner

Health

2.34%,

01/01/2030

50‌

44‌

Catalent

Pharma

Solutions

Inc

3.50%,

04/01/2030

(h)

887‌

855‌

Centene

Corp

2.50%,

03/01/2031

200‌

167‌

4.25%,

12/15/2027

200‌

194‌

CommonSpirit

Health

4.19%,

10/01/2049

100‌

82‌

Concentra

Escrow

Issuer

Corp

6.88%,

07/15/2032

(h)

2,115‌

2,179‌

DaVita

Inc

3.75%,

02/15/2031

(h)

650‌

562‌

4.63%,

06/01/2030

(h)

2,025‌

1,854‌

Elevance

Health

Inc

2.88%,

09/15/2029

951‌

872‌

3.60%,

03/15/2051

250‌

185‌

4.55%,

03/01/2048

100‌

87‌

6.10%,

10/15/2052

376‌

401‌

Eurofins

Scientific

SE

4.75%,

09/06/2030

EUR

100‌

112‌

Fresenius

Medical

Care

AG

1.00%,

05/29/2026

100‌

104‌

Fresenius

Medical

Care

US

Finance

III

Inc

3.75%,

06/15/2029

(h)

$

150‌

138‌

Fresenius

SE

&

Co

KGaA

2.88%,

05/24/2030

EUR

100‌

105‌

Hackensack

Meridian

Health

Inc

2.88%,

09/01/2050

$

100‌

68‌

HCA

Inc

3.38%,

03/15/2029

405‌

379‌

3.50%,

09/01/2030

856‌

790‌

3.50%,

07/15/2051

1,042‌

715‌

4.50%,

02/15/2027

100‌

99‌

4.63%,

03/15/2052

1,259‌

1,040‌

5.25%,

06/15/2026

100‌

100‌

5.25%,

06/15/2049

562‌

513‌

5.45%,

04/01/2031

619‌

631‌

5.50%,

06/15/2047

200‌

191‌

5.88%,

02/01/2029

200‌

207‌

Health

Care

Service

Corp

A

Mutual

Legal

Reserve

Co

5.45%,

06/15/2034

(h)

100‌

101‌

Humana

Inc

1.35%,

02/03/2027

941‌

866‌

3.13%,

08/15/2029

100‌

93‌

5.88%,

03/01/2033

524‌

545‌

5.95%,

03/15/2034

671‌

702‌

Kaiser

Foundation

Hospitals

4.15%,

05/01/2047

200‌

173‌

LifePoint

Health

Inc

9.88%,

08/15/2030

(h)

450‌

490‌

10.00%,

06/01/2032

(h)

2,750‌

2,918‌

11.00%,

10/15/2030

(h)

450‌

505‌

Mass

General

Brigham

Inc

3.34%,

07/01/2060

100‌

70‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

48

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Healthcare

-

Services

(continued)

Memorial

Sloan-Kettering

Cancer

Center

2.96%,

01/01/2050

$

100‌

$

70‌

Providence

St

Joseph

Health

Obligated

Group

2.70%,

10/01/2051

100‌

61‌

Roche

Holdings

Inc

2.08%,

12/13/2031

(h)

200‌

168‌

2.13%,

03/10/2025

(h)

2,476‌

2,431‌

2.61%,

12/13/2051

(h)

200‌

127‌

3.00%,

11/10/2025

(h)

200‌

196‌

4.91%,

03/08/2031

(h)

971‌

988‌

5.49%,

11/13/2030

(h)

1,941‌

2,040‌

Surgery

Center

Holdings

Inc

7.25%,

04/15/2032

(h)

11,460‌

11,835‌

Sutter

Health

3.70%,

08/15/2028

200‌

193‌

Team

Health

Holdings

Inc

9.00%,

PIK

4.50%;

06/30/2028

(h),(l),(m)

595‌

663‌

Tenet

Healthcare

Corp

4.63%,

06/15/2028

100‌

96‌

6.13%,

10/01/2028

(i)

8,820‌

8,842‌

UnitedHealth

Group

Inc

1.25%,

01/15/2026

1,493‌

1,420‌

2.88%,

08/15/2029

100‌

93‌

3.05%,

05/15/2041

50‌

38‌

3.10%,

03/15/2026

200‌

195‌

3.70%,

08/15/2049

100‌

77‌

4.63%,

11/15/2041

200‌

184‌

4.75%,

07/15/2045

200‌

185‌

4.75%,

05/15/2052

679‌

614‌

4.95%,

05/15/2062

367‌

334‌

5.00%,

04/15/2034

200‌

201‌

5.05%,

04/15/2053

100‌

95‌

5.15%,

07/15/2034

664‌

674‌

5.20%,

04/15/2063

100‌

95‌

5.25%,

02/15/2028

676‌

694‌

5.30%,

02/15/2030

100‌

104‌

$

54,253‌

Home

Equity

Asset

Backed

Securities

-

0.05%

Structured

Asset

Securities

Corp

Mortgage

Loan

Trust

2007-BC2

5.76%,

03/25/2037

2,030‌

1,334‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.41%

Home

Furnishings

-

0.01%

Electrolux

AB

4.13%,

10/05/2026

EUR

100‌

110‌

Whirlpool

Corp

4.75%,

02/26/2029

$

200‌

200‌

$

310‌

Housewares

-

0.05%

CD&R

Smokey

Buyer

Inc

6.75%,

07/15/2025

(h)

491‌

487‌

Newell

Brands

Inc

6.87%,

04/01/2036

900‌

862‌

$

1,349‌

Insurance

-

3.72%

Acrisure

LLC

/

Acrisure

Finance

Inc

4.25%,

02/15/2029

(h)

900‌

828‌

8.25%,

02/01/2029

(h)

4,550‌

4,627‌

Ageas

SA/NV

1.88%,

11/24/2051

(k)

EUR

100‌

92‌

3

Month

Euro

Interbank

Offered

Rate

+

3.10%

AIA

Group

Ltd

4.95%,

04/04/2033

(h)

$

200‌

201‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Insurance

(continued)

Alliant

Holdings

Intermediate

LLC

/

Alliant

Holdings

Co-Issuer

4.25%,

10/15/2027

(h)

$

2,725‌

$

2,593‌

6.75%,

10/15/2027

(h)

900‌

893‌

Allianz

Finance

II

BV

0.50%,

01/14/2031

EUR

100‌

92‌

Allianz

SE

4.25%,

07/05/2052

(k)

200‌

219‌

3

Month

Euro

Interbank

Offered

Rate

+

3.55%

Allstate

Corp/The

5.05%,

06/24/2029

$

949‌

962‌

5.25%,

03/30/2033

100‌

102‌

American

International

Group

Inc

5.13%,

03/27/2033

100‌

101‌

Americo

Life

Inc

3.45%,

04/15/2031

(h)

646‌

530‌

AmFam

Holdings

Inc

2.81%,

03/11/2031

(h)

100‌

78‌

AmWINS

Group

Inc

4.88%,

06/30/2029

(h)

5,275‌

4,974‌

Aon

Corp

/

Aon

Global

Holdings

PLC

2.60%,

12/02/2031

100‌

85‌

3.90%,

02/28/2052

100‌

76‌

Aon

North

America

Inc

5.30%,

03/01/2031

1,220‌

1,243‌

5.45%,

03/01/2034

100‌

102‌

5.75%,

03/01/2054

788‌

795‌

Arch

Capital

Group

Ltd

3.64%,

06/30/2050

100‌

73‌

Ardonagh

Finco

Ltd

7.75%,

02/15/2031

(h)

1,750‌

1,775‌

Ardonagh

Group

Finance

Ltd

8.88%,

02/15/2032

(h)

4,725‌

4,780‌

Argentum

Netherlands

BV

for

Swiss

Re

Ltd

5.75%,

08/15/2050

(k)

1,500‌

1,489‌

3

Month

USD

LIBOR

+

3.59%

Arthur

J

Gallagher

&

Co

5.75%,

03/02/2053

603‌

600‌

5.75%,

07/15/2054

271‌

272‌

6.75%,

02/15/2054

342‌

387‌

ASR

Nederland

NV

3.38%,

05/02/2049

(k)

EUR

100‌

104‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

4.00%

Assicurazioni

Generali

SPA

2.12%,

10/01/2030

150‌

147‌

AssuredPartners

Inc

5.63%,

01/15/2029

(h)

$

500‌

476‌

7.50%,

02/15/2032

(h)

5,040‌

5,131‌

Athene

Global

Funding

1.61%,

06/29/2026

(h)

300‌

281‌

1.73%,

10/02/2026

(h)

1,686‌

1,575‌

Athene

Holding

Ltd

3.45%,

05/15/2052

825‌

539‌

6.25%,

04/01/2054

100‌

102‌

Aviva

PLC

6.88%,

05/20/2058

(k)

GBP

100‌

134‌

SONIA

Interest

Rate

Benchmark

+

3.38%

AXA

SA

3.25%,

05/28/2049

(k)

EUR

100‌

105‌

3

Month

Euro

Interbank

Offered

Rate

+

3.20%

3.38%,

07/06/2047

(k)

100‌

107‌

3

Month

Euro

Interbank

Offered

Rate

+

3.75%

AXIS

Specialty

Finance

LLC

3.90%,

07/15/2029

$

100‌

95‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

49

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Insurance

(continued)

Berkshire

Hathaway

Finance

Corp

2.38%,

06/19/2039

GBP

100‌

$

93‌

2.50%,

01/15/2051

$

150‌

95‌

2.88%,

03/15/2032

200‌

179‌

Berkshire

Hathaway

Inc

1.63%,

03/16/2035

EUR

100‌

91‌

Brighthouse

Financial

Inc

4.70%,

06/22/2047

$

100‌

79‌

Chubb

Corp/The

6.50%,

05/15/2038

100‌

115‌

Chubb

INA

Holdings

LLC

1.38%,

09/15/2030

200‌

167‌

4.65%,

08/15/2029

1,321‌

1,326‌

Cloverie

PLC

for

Zurich

Insurance

Co

Ltd

1.50%,

12/15/2028

EUR

200‌

203‌

Corebridge

Financial

Inc

3.90%,

04/05/2032

$

200‌

184‌

Corebridge

Global

Funding

5.90%,

09/19/2028

(h)

100‌

104‌

Dai-ichi

Life

Insurance

Co

Ltd/The

4.00%,

07/24/2026

(g),(h),(k)

200‌

193‌

3

Month

USD

LIBOR

+

3.66%

Empower

Finance

2020

LP

1.36%,

09/17/2027

(h)

200‌

180‌

Enstar

Group

Ltd

3.10%,

09/01/2031

1,039‌

857‌

4.95%,

06/01/2029

100‌

97‌

Equitable

Financial

Life

Global

Funding

1.30%,

07/12/2026

(h)

1,563‌

1,456‌

6.38%,

06/02/2028

GBP

100‌

135‌

Everest

Reinsurance

Holdings

Inc

3.13%,

10/15/2052

$

100‌

63‌

F&G

Global

Funding

2.30%,

04/11/2027

(h)

1,158‌

1,065‌

Fairfax

Financial

Holdings

Ltd

4.23%,

06/14/2029

CAD

100‌

72‌

6.00%,

12/07/2033

(h)

$

100‌

104‌

Farmers

Insurance

Exchange

4.75%,

11/01/2057

(h),(k)

100‌

75‌

3

Month

USD

LIBOR

+

3.23%

GA

Global

Funding

Trust

5.50%,

01/08/2029

(h)

150‌

153‌

Global

Atlantic

Fin

Co

4.40%,

10/15/2029

(h)

150‌

142‌

Great-West

Lifeco

Inc

2.38%,

05/14/2030

CAD

100‌

67‌

Groupe

des

Assurances

du

Credit

Mutuel

SADIR

5.00%,

10/30/2044

(k)

EUR

100‌

110‌

3

Month

Euro

Interbank

Offered

Rate

+

3.25%

GTCR

AP

Finance

Inc

8.00%,

05/15/2027

(h)

$

5,430‌

5,448‌

Guardian

Life

Insurance

Co

of

America/The

4.88%,

06/19/2064

(h)

50‌

45‌

Hannover

Rueck

SE

5.88%,

08/26/2043

(k)

EUR

100‌

122‌

3

Month

Euro

Interbank

Offered

Rate

+

3.75%

Hartford

Financial

Services

Group

Inc/The

2.90%,

09/15/2051

$

150‌

97‌

Howden

UK

Refinance

PLC

/

Howden

UK

Refinance

2

PLC

/

Howden

US

Refinance

LLC

7.25%,

02/15/2031

(h)

1,675‌

1,680‌

8.13%,

02/15/2032

(h)

1,675‌

1,670‌

HUB

International

Ltd

7.38%,

01/31/2032

(h)

10,450‌

10,741‌

Intact

Financial

Corp

5.28%,

09/14/2054

CAD

100‌

79‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Insurance

(continued)

Jackson

Financial

Inc

5.17%,

06/08/2027

$

200‌

$

201‌

Jones

Deslauriers

Insurance

Management

Inc

8.50%,

03/15/2030

(h)

3,760‌

3,944‌

La

Mondiale

SAM

2.13%,

06/23/2031

EUR

100‌

95‌

Legal

&

General

Group

PLC

4.50%,

11/01/2050

(k)

GBP

100‌

119‌

Generic

Britain

5

Year

Government

Bond

+

5.25%

Liberty

Mutual

Group

Inc

3.95%,

05/15/2060

(h)

$

100‌

70‌

4.30%,

02/01/2061

(h)

2,610‌

1,642‌

7.80%,

03/07/2087

(h)

2,000‌

2,145‌

3

Month

USD

LIBOR

+

3.58%

Lincoln

National

Corp

3.40%,

03/01/2032

100‌

89‌

M&G

PLC

6.25%,

10/20/2068

(k)

GBP

100‌

121‌

Generic

Britain

5

Year

Government

Bond

+

5.30%

Manulife

Financial

Corp

2.48%,

05/19/2027

$

100‌

94‌

Mapfre

SA

4.38%,

03/31/2047

(k)

EUR

100‌

109‌

3

Month

Euro

Interbank

Offered

Rate

+

4.54%

Markel

Group

Inc

3.35%,

09/17/2029

$

100‌

94‌

Marsh

&

McLennan

Cos

Inc

1.35%,

09/21/2026

EUR

100‌

104‌

5.40%,

09/15/2033

$

200‌

208‌

Massachusetts

Mutual

Life

Insurance

Co

5.67%,

12/01/2052

(h)

100‌

101‌

MetLife

Inc

3.85%,

09/15/2025

(g),(k)

2,300‌

2,229‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.58%

5.25%,

01/15/2054

200‌

196‌

9.25%,

04/08/2068

(h)

3,575‌

4,189‌

3

Month

USD

LIBOR

+

5.54%

Metropolitan

Life

Global

Funding

I

0.55%,

06/16/2027

EUR

100‌

101‌

3.50%,

09/30/2026

GBP

100‌

125‌

5.40%,

09/12/2028

(h)

$

300‌

309‌

Muenchener

Rueckversicherungs-Gesellschaft

AG

in

Muenchen

1.25%,

05/26/2041

(k)

EUR

100‌

92‌

3

Month

Euro

Interbank

Offered

Rate

+

2.55%

Nationwide

Mutual

Insurance

Co

4.35%,

04/30/2050

(h)

$

100‌

78‌

New

York

Life

Global

Funding

0.13%,

07/23/2030

CHF

100‌

107‌

0.85%,

01/15/2026

(h)

$

150‌

142‌

3.25%,

04/07/2027

(h)

100‌

97‌

4.85%,

01/09/2028

(h)

481‌

484‌

5.25%,

06/30/2026

CAD

100‌

74‌

New

York

Life

Insurance

Co

3.75%,

05/15/2050

(h)

$

100‌

76‌

Nippon

Life

Insurance

Co

5.10%,

10/16/2044

(h),(k)

4,000‌

3,988‌

USD

Swap

Semi-Annual

5

Year

+

3.65%

NN

Group

NV

4.63%,

01/13/2048

(k)

EUR

100‌

110‌

3

Month

Euro

Interbank

Offered

Rate

+

4.95%

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

50

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Insurance

(continued)

Northwestern

Mutual

Global

Funding

4.35%,

09/15/2027

(h)

$

662‌

$

657‌

Northwestern

Mutual

Life

Insurance

Co/The

3.63%,

09/30/2059

(h)

150‌

105‌

Pacific

Life

Global

Funding

II

5.50%,

08/28/2026

(h)

200‌

203‌

Pacific

Life

Insurance

Co

4.30%,

10/24/2067

(h),(k)

100‌

79‌

3

Month

USD

LIBOR

+

2.80%

Pension

Insurance

Corp

PLC

4.63%,

05/07/2031

GBP

100‌

117‌

Pine

Street

Trust

II

5.57%,

02/15/2049

(h)

$

100‌

94‌

Pricoa

Global

Funding

I

5.55%,

08/28/2026

(h)

150‌

152‌

Progressive

Corp/The

3.20%,

03/26/2030

200‌

186‌

Protective

Life

Global

Funding

5.21%,

04/14/2026

(h)

200‌

201‌

Prudential

Financial

Inc

3.70%,

10/01/2050

(k)

100‌

88‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.04%

3.70%,

03/13/2051

100‌

75‌

3.94%,

12/07/2049

150‌

117‌

5.70%,

09/15/2048

(k)

284‌

280‌

3

Month

USD

LIBOR

+

2.67%

6.50%,

03/15/2054

(k)

1,000‌

1,019‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.40%

Prudential

Funding

Asia

PLC

3.13%,

04/14/2030

(i)

422‌

388‌

Reinsurance

Group

of

America

Inc

3.15%,

06/15/2030

100‌

91‌

Rothesay

Life

PLC

3.38%,

07/12/2026

GBP

100‌

124‌

Sammons

Financial

Group

Inc

6.88%,

04/15/2034

(h)

$

100‌

104‌

Sampo

Oyj

2.50%,

09/03/2052

(k)

EUR

100‌

96‌

3

Month

Euro

Interbank

Offered

Rate

+

3.60%

SBL

Holdings

Inc

5.00%,

02/18/2031

(h)

$

1,152‌

1,029‌

5.13%,

11/13/2026

(h)

100‌

97‌

Sun

Life

Financial

Inc

4.78%,

08/10/2034

(k)

CAD

100‌

74‌

Canadian

Overnight

Repo

Rate

Average

+

1.96%

Swiss

Life

Finance

I

AG

3.25%,

08/31/2029

EUR

100‌

108‌

Swiss

Re

Finance

Luxembourg

SA

5.00%,

04/02/2049

(h),(k)

$

200‌

195‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.58%

Teachers

Insurance

&

Annuity

Association

of

America

4.27%,

05/15/2047

(h)

200‌

164‌

Travelers

Cos

Inc/The

3.05%,

06/08/2051

200‌

138‌

Western

&

Southern

Life

Insurance

Co/The

5.15%,

01/15/2049

(h)

100‌

91‌

Willis

North

America

Inc

4.50%,

09/15/2028

100‌

98‌

4.65%,

06/15/2027

1,271‌

1,264‌

5.90%,

03/05/2054

998‌

999‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Insurance

(continued)

Zurich

Finance

Ireland

Designated

Activity

Co

3.00%,

04/19/2051

(k)

$

7,000‌

$

5,936‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.78%

$

99,954‌

Internet

-

0.54%

Alibaba

Group

Holding

Ltd

4.00%,

12/06/2037

350‌

309‌

Alphabet

Inc

1.90%,

08/15/2040

100‌

67‌

2.05%,

08/15/2050

100‌

59‌

Amazon.com

Inc

1.00%,

05/12/2026

200‌

188‌

2.10%,

05/12/2031

200‌

172‌

3.15%,

08/22/2027

200‌

193‌

3.30%,

04/13/2027

785‌

763‌

3.60%,

04/13/2032

278‌

261‌

3.88%,

08/22/2037

175‌

159‌

3.95%,

04/13/2052

100‌

83‌

4.05%,

08/22/2047

553‌

475‌

4.10%,

04/13/2062

957‌

788‌

4.65%,

12/01/2029

494‌

502‌

Booking

Holdings

Inc

1.80%,

03/03/2027

EUR

200‌

209‌

4.50%,

11/15/2031

100‌

116‌

Cablevision

Lightpath

LLC

3.88%,

09/15/2027

(h)

$

1,200‌

1,101‌

5.63%,

09/15/2028

(h)

1,700‌

1,443‌

eBay

Inc

2.70%,

03/11/2030

200‌

180‌

Expedia

Group

Inc

2.95%,

03/15/2031

427‌

379‌

Gen

Digital

Inc

7.13%,

09/30/2030

(h)

2,800‌

2,895‌

Meta

Platforms

Inc

4.60%,

05/15/2028

200‌

202‌

5.60%,

05/15/2053

200‌

208‌

Netflix

Inc

3.63%,

06/15/2030

EUR

100‌

110‌

5.40%,

08/15/2054

(j)

$

162‌

164‌

5.88%,

11/15/2028

200‌

210‌

Prosus

NV

2.78%,

01/19/2034

EUR

100‌

92‌

3.06%,

07/13/2031

$

200‌

167‌

4.85%,

07/06/2027

200‌

195‌

Tencent

Holdings

Ltd

3.24%,

06/03/2050

200‌

136‌

3.58%,

04/11/2026

200‌

196‌

United

Group

BV

8.08%,

02/15/2031

EUR

1,650‌

1,793‌

3

Month

Euro

Interbank

Offered

Rate

+

4.25%

8.08%,

02/15/2031

(h)

550‌

598‌

3

Month

Euro

Interbank

Offered

Rate

+

4.25%

$

14,413‌

Investment

Companies

-

0.31%

Ares

Capital

Corp

7.00%,

01/15/2027

$

200‌

206‌

Blackstone

Private

Credit

Fund

3.25%,

03/15/2027

200‌

187‌

Blue

Owl

Capital

Corp

2.63%,

01/15/2027

200‌

186‌

Blue

Owl

Technology

Finance

Corp

2.50%,

01/15/2027

100‌

92‌

Gaci

First

Investment

Co

5.38%,

10/13/2122

3,025‌

2,604‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

51

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Investment

Companies

(continued)

Groupe

Bruxelles

Lambert

NV

0.13%,

01/28/2031

EUR

100‌

$

88‌

Icahn

Enterprises

LP

/

Icahn

Enterprises

Finance

Corp

4.38%,

02/01/2029

$

2,225‌

1,936‌

9.00%,

06/15/2030

(h)

1,700‌

1,722‌

9.75%,

01/15/2029

(h)

1,125‌

1,185‌

JAB

Holdings

BV

4.75%,

06/29/2032

EUR

100‌

116‌

Wendel

SE

4.50%,

06/19/2030

100‌

113‌

$

8,435‌

Iron

&

Steel

-

2

.90%

ArcelorMittal

SA

6.35%,

06/17/2054

$

1,046‌

1,044‌

6.80%,

11/29/2032

100‌

108‌

Baffinland

Iron

Mines

Corp

/

Baffinland

Iron

Mines

LP

8.75%,

07/15/2026

(h)

13,822‌

12,426‌

CSN

Inova

Ventures

6.75%,

01/28/2028

1,625‌

1,570‌

Material

Sciences

Corp

13.06%,

PIK

13.06%;

07/09/2026

(e),(f),(l),(m)

22,211‌

22,211‌

Nucor

Corp

3.13%,

04/01/2032

100‌

89‌

4.30%,

05/23/2027

731‌

725‌

POSCO

5.75%,

01/17/2028

200‌

205‌

Samarco

Mineracao

SA

Escrow

Shares

0.00%,

10/24/2023

(d),(e)

550‌

—‌

Specialty

Steel

15.29%,

11/15/2026

(e),(f)

38,772‌

38,772‌

Steel

Dynamics

Inc

5.38%,

08/15/2034

442‌

448‌

Vale

Overseas

Ltd

6.13%,

06/12/2033

200‌

205‌

$

77,803‌

Leisure

Products

&

Services

-

0.16%

Brunswick

Corp/DE

4.40%,

09/15/2032

100‌

91‌

Carnival

Corp

5.75%,

03/01/2027

(h)

3,950‌

3,930‌

Royal

Caribbean

Cruises

Ltd

5.50%,

04/01/2028

(h)

275‌

274‌

$

4,295‌

Lodging

-

0.46%

Boyd

Gaming

Corp

4.75%,

06/15/2031

(h)

3,050‌

2,809‌

Choice

Hotels

International

Inc

5.85%,

08/01/2034

522‌

525‌

Hyatt

Hotels

Corp

5.50%,

06/30/2034

621‌

622‌

5.75%,

01/30/2027

200‌

203‌

InterContinental

Hotels

Group

PLC

3.38%,

10/08/2028

GBP

100‌

121‌

Marriott

International

Inc/MD

2.85%,

04/15/2031

$

1,605‌

1,407‌

3.50%,

10/15/2032

910‌

811‌

Sands

China

Ltd

5.40%,

08/08/2028

200‌

197‌

Station

Casinos

LLC

4.63%,

12/01/2031

(h)

6,150‌

5,605‌

$

12,300‌

Machinery

-

Construction

&

Mining

-

0.18%

Caterpillar

Financial

Services

Corp

1.45%,

05/15/2025

1,659‌

1,613‌

4.80%,

01/06/2026

907‌

908‌

4.85%,

02/27/2029

576‌

586‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Machinery

-

Construction

&

Mining

(continued)

Caterpillar

Financial

Services

Corp  

(continued)

5.00%,

05/14/2027

$

318‌

$

322‌

5.40%,

03/10/2025

994‌

996‌

Caterpillar

Inc

3.80%,

08/15/2042

200‌

168‌

Siemens

Energy

Finance

BV

4.25%,

04/05/2029

EUR

100‌

110‌

$

4,703‌

Machinery

-

Diversified

-

0.77%

AGCO

Corp

5.45%,

03/21/2027

$

289‌

293‌

Chart

Industries

Inc

7.50%,

01/01/2030

(h)

2,910‌

3,027‌

9.50%,

01/01/2031

(h)

2,045‌

2,221‌

CNH

Industrial

Capital

LLC

1.88%,

01/15/2026

100‌

96‌

5.50%,

01/12/2029

847‌

869‌

Deere

&

Co

3.75%,

04/15/2050

100‌

81‌

Ingersoll

Rand

Inc

5.18%,

06/15/2029

617‌

628‌

5.70%,

08/14/2033

100‌

105‌

John

Deere

Capital

Corp

1.70%,

01/11/2027

100‌

93‌

3.45%,

03/07/2029

200‌

192‌

4.70%,

06/10/2030

1,200‌

1,216‌

4.75%,

01/20/2028

369‌

373‌

4.90%,

06/11/2027

621‌

628‌

4.95%,

07/14/2028

438‌

446‌

5.05%,

06/12/2034

100‌

102‌

5.10%,

04/11/2034

935‌

955‌

5.15%,

09/08/2026

200‌

202‌

John

Deere

Financial

Inc

2.31%,

06/20/2025

CAD

200‌

142‌

nVent

Finance

Sarl

2.75%,

11/15/2031

$

589‌

496‌

4.55%,

04/15/2028

150‌

148‌

Otis

Worldwide

Corp

3.36%,

02/15/2050

50‌

36‌

SPX

FLOW

Inc

8.75%,

04/01/2030

(h)

4,960‌

5,168‌

TK

Elevator

Holdco

GmbH

7.63%,

07/15/2028

(h)

2,590‌

2,589‌

Westinghouse

Air

Brake

Technologies

Corp

4.70%,

09/15/2028

150‌

149‌

5.61%,

03/11/2034

365‌

376‌

Xylem

Inc/NY

2.25%,

01/30/2031

100‌

86‌

$

20,717‌

Manufactured

Housing

Asset

Backed

Securities

-

0.08%

BCMSC

Trust

2000-A

5.60%,

06/15/2030

7,432‌

404‌

1.00

x

1

Month

USD

LIBOR

+

0.16%

Greenpoint

Manufactured

Housing

9.23%,

12/15/2029

(l)

1,676‌

1,652‌

$

2,056‌

Media

-

2.11%

Bertelsmann

SE

&

Co

KGaA

2.00%,

04/01/2028

EUR

100‌

104‌

CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp

4.25%,

02/01/2031

(h)

$

1,550‌

1,319‌

4.25%,

01/15/2034

(h)

5,200‌

4,108‌

4.50%,

05/01/2032

2,865‌

2,399‌

4.50%,

06/01/2033

(h)

2,550‌

2,095‌

4.75%,

03/01/2030

(h)

750‌

671‌

5.38%,

06/01/2029

(h)

1,200‌

1,122‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

52

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Media

(continued)

Charter

Communications

Operating

LLC

/

Charter

Communications

Operating

Capital

3.50%,

06/01/2041

$

960‌

$

666‌

3.85%,

04/01/2061

1,277‌

771‌

4.80%,

03/01/2050

1,179‌

890‌

4.91%,

07/23/2025

47‌

47‌

5.38%,

05/01/2047

50‌

41‌

5.50%,

04/01/2063

150‌

120‌

6.10%,

06/01/2029

601‌

614‌

6.38%,

10/23/2035

200‌

201‌

6.48%,

10/23/2045

100‌

95‌

Comcast

Corp

0.75%,

02/20/2032

EUR

100‌

90‌

1.50%,

02/20/2029

GBP

200‌

227‌

1.50%,

02/15/2031

$

200‌

164‌

2.65%,

02/01/2030

25‌

23‌

2.94%,

11/01/2056

151‌

94‌

2.99%,

11/01/2063

200‌

121‌

3.40%,

04/01/2030

450‌

422‌

3.75%,

04/01/2040

200‌

166‌

3.97%,

11/01/2047

200‌

160‌

4.00%,

11/01/2049

200‌

160‌

4.15%,

10/15/2028

855‌

842‌

4.60%,

10/15/2038

973‌

914‌

4.65%,

02/15/2033

200‌

198‌

4.80%,

05/15/2033

100‌

100‌

5.50%,

05/15/2064

1,193‌

1,173‌

Cox

Communications

Inc

3.50%,

08/15/2027

(h)

100‌

96‌

3.60%,

06/15/2051

(h)

100‌

70‌

5.45%,

09/15/2028

(h)

635‌

648‌

CSC

Holdings

LLC

4.63%,

12/01/2030

(h)

1,676‌

662‌

5.50%,

04/15/2027

(h)

725‌

606‌

7.50%,

04/01/2028

(h)

625‌

350‌

Discovery

Communications

LLC

3.63%,

05/15/2030

1,070‌

944‌

5.30%,

05/15/2049

100‌

78‌

6.35%,

06/01/2040

100‌

94‌

DISH

Network

Corp

11.75%,

11/15/2027

(h)

2,500‌

2,502‌

Fox

Corp

5.58%,

01/25/2049

744‌

703‌

6.50%,

10/13/2033

100‌

107‌

Grupo

Televisa

SAB

6.63%,

01/15/2040

100‌

100‌

Informa

PLC

2.13%,

10/06/2025

EUR

100‌

106‌

McGraw-Hill

Education

Inc

8.00%,

08/01/2029

(h)

$

2,160‌

2,106‌

Paramount

Global

4.20%,

06/01/2029

100‌

92‌

4.60%,

01/15/2045

354‌

246‌

4.85%,

07/01/2042

832‌

627‌

5.85%,

09/01/2043

295‌

244‌

Sirius

XM

Radio

Inc

4.13%,

07/01/2030

(h)

1,275‌

1,108‌

SportsNet

New

York

10.25%,

01/15/2025

(e),(f)

20,090‌

19,128‌

Time

Warner

Cable

LLC

5.50%,

09/01/2041

250‌

215‌

6.55%,

05/01/2037

1,109‌

1,087‌

Virgin

Media

Finance

PLC

5.00%,

07/15/2030

(h)

3,825‌

3,223‌

Walt

Disney

Co/The

1.75%,

01/13/2026

250‌

239‌

2.65%,

01/13/2031

100‌

89‌

3.60%,

01/13/2051

150‌

115‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Media

(continued)

Walt

Disney

Co/The  

(continued)

4.75%,

09/15/2044

$

100‌

$

93‌

5.40%,

10/01/2043

100‌

101‌

6.65%,

11/15/2037

100‌

115‌

Ziggo

Bond

Co

BV

6.00%,

01/15/2027

(h)

525‌

522‌

$

56,533‌

Mining

-

1.09%

Anglo

American

Capital

PLC

4.50%,

09/15/2028

EUR

100‌

112‌

5.50%,

05/02/2033

$

200‌

201‌

Arsenal

AIC

Parent

LLC

8.00%,

10/01/2030

(h)

2,000‌

2,128‌

11.50%,

10/01/2031

(h)

3,300‌

3,687‌

Barrick

PD

Australia

Finance

Pty

Ltd

5.95%,

10/15/2039

100‌

104‌

BHP

Billiton

Finance

Ltd

4.30%,

09/25/2042

GBP

100‌

113‌

BHP

Billiton

Finance

USA

Ltd

4.88%,

02/27/2026

$

100‌

100‌

5.50%,

09/08/2053

100‌

102‌

Century

Aluminum

Co

7.50%,

04/01/2028

(h)

9,530‌

9,671‌

Constellium

SE

3.75%,

04/15/2029

(h)

1,575‌

1,437‌

6.38%,

08/15/2032

(h),(j)

1,200‌

1,198‌

First

Quantum

Minerals

Ltd

9.38%,

03/01/2029

(h)

1,900‌

1,998‌

Freeport-McMoRan

Inc

5.45%,

03/15/2043

100‌

96‌

Glencore

Capital

Finance

DAC

0.75%,

03/01/2029

EUR

150‌

144‌

Glencore

Funding

LLC

3.88%,

04/27/2051

(h)

$

100‌

72‌

4.00%,

03/27/2027

(h)

100‌

98‌

5.63%,

04/04/2034

(h)

100‌

101‌

Kinross

Gold

Corp

4.50%,

07/15/2027

150‌

148‌

Newmont

Corp

2.60%,

07/15/2032

100‌

86‌

Newmont

Corp

/

Newcrest

Finance

Pty

Ltd

5.30%,

03/15/2026

(h)

411‌

413‌

Northwest

Acquisitions

ULC

/

Dominion

Finco

Inc

0.00%,

11/01/2022

(d),(h)

19,888‌

—‌

Novelis

Corp

3.88%,

08/15/2031

(h)

575‌

505‌

4.75%,

01/30/2030

(h)

2,889‌

2,730‌

Rio

Tinto

Finance

USA

Ltd

2.75%,

11/02/2051

100‌

64‌

South32

Treasury

Ltd

4.35%,

04/14/2032

(h)

1,271‌

1,172‌

Southern

Copper

Corp

6.75%,

04/16/2040

100‌

111‌

WE

Soda

Investments

Holding

PLC

9.38%,

02/14/2031

(h)

525‌

541‌

9.50%,

10/06/2028

(h)

1,775‌

1,822‌

9.50%,

10/06/2028

400‌

411‌

$

29,365‌

Miscellaneous

Manufacturers

-

0.15%

3M

Co

3.63%,

09/14/2028

100‌

96‌

3.63%,

10/15/2047

150‌

113‌

Alstom

SA

0.00%,

01/11/2029

(d)

EUR

100‌

94‌

Carlisle

Cos

Inc

2.20%,

03/01/2032

$

100‌

83‌

Eaton

Corp

4.15%,

11/02/2042

100‌

87‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

53

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Miscellaneous

Manufacturers

(continued)

Illinois

Tool

Works

Inc

1.00%,

06/05/2031

EUR

100‌

$

95‌

Parker-Hannifin

Corp

4.10%,

03/01/2047

$

150‌

124‌

Siemens

Financieringsmaatschappij

NV

0.25%,

02/20/2029

EUR

200‌

194‌

0.38%,

06/05/2026

200‌

206‌

0.63%,

02/25/2027

100‌

102‌

1.38%,

09/06/2030

50‌

50‌

2.15%,

03/11/2031

(h)

$

250‌

215‌

2.50%,

09/08/2027

EUR

200‌

214‌

3.00%,

09/08/2033

100‌

107‌

3.25%,

05/27/2025

(h)

$

2,260‌

2,227‌

Teledyne

Technologies

Inc

2.75%,

04/01/2031

50‌

44‌

$

4,051‌

Mortgage

Backed

Securities

-

0.70%

Alternative

Loan

Trust

2005-30CB

5.50%,

08/25/2035

1,031‌

678‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.86%

Angel

Oak

Mortgage

Trust

2022-6

4.30%,

07/25/2067

(h),(l)

1,397‌

1,382‌

Banc

of

America

Funding

2007-1

Trust

6.44%,

01/25/2037

(l)

995‌

918‌

Bear

Stearns

Mortgage

Funding

Trust

2006-AR1

5.88%,

07/25/2036

427‌

382‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.53%

Fannie

Mae

REMICS

0.44%,

09/25/2047

(o)

4,465‌

516‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.79%

0.54%,

05/25/2046

(o)

7,979‌

923‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.89%

0.54%,

09/25/2046

(o)

2,073‌

234‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.89%

0.54%,

01/25/2047

(o)

3,563‌

410‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.89%

0.54%,

12/25/2049

(o)

4,657‌

574‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.89%

0.54%,

05/25/2050

(o)

3,159‌

363‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.89%

0.59%,

08/25/2049

(o)

3,337‌

376‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.94%

0.59%,

11/25/2049

(o)

4,747‌

569‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.94%

0.61%,

06/25/2050

(o)

2,065‌

246‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.96%

0.74%,

03/25/2048

(o)

2,029‌

250‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

6.09%

0.74%,

06/25/2048

(o)

2,214‌

299‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

6.09%

1.24%,

12/25/2042

(o)

1,855‌

257‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

6.59%

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Mortgage

Backed

Securities

(continued)

First

Horizon

Alternative

Mortgage

Securities

Trust

2006-FA8

6.25%,

02/25/2037

$

3,105‌

$

1,299‌

Freddie

Mac

REMICS

0.59%,

10/25/2049

(o)

3,641‌

423‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.94%

1.20%,

05/15/2042

(o)

3,754‌

421‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

6.54%

1.20%,

08/15/2043

(o)

4,106‌

439‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

6.54%

Ginnie

Mae

0.59%,

04/20/2046

(o)

8,529‌

999‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.94%

0.64%,

11/20/2046

(o)

5,172‌

593‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.99%

0.84%,

08/20/2051

(o)

3,149‌

430‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.19%

2.50%,

11/20/2050

(o)

7,516‌

1,049‌

RALI

Series

2005-QS17

Trust

6.00%,

12/25/2035

995‌

830‌

6.00%,

12/25/2035

683‌

570‌

RALI

Series

2006-QS12

Trust

6.11%,

09/25/2036

2,810‌

2,073‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.76%

Washington

Mutual

Mortgage

Pass-Through

Certificates

WMALT

Series

2006-5

Trust

6.00%,

07/25/2036

1,652‌

1,199‌

$

18,702‌

Oil

&

Gas

-

2.62%

Apache

Corp

5.35%,

07/01/2049

2,467‌

2,103‌

6.00%,

01/15/2037

469‌

479‌

BP

Capital

Markets

America

Inc

3.00%,

02/24/2050

1,377‌

928‌

3.38%,

02/08/2061

100‌

68‌

3.54%,

04/06/2027

1,903‌

1,855‌

4.89%,

09/11/2033

827‌

823‌

BP

Capital

Markets

PLC

2.52%,

04/07/2028

EUR

300‌

317‌

3.25%,

03/22/2026

(g),(k)

100‌

106‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

3.52%

3.63%,

03/22/2029

(g),(k)

100‌

104‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

3.78%

3.72%,

11/28/2028

$

200‌

193‌

4.88%,

03/22/2030

(g),(k)

1,000‌

945‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.40%

Canadian

Natural

Resources

Ltd

2.95%,

07/15/2030

100‌

90‌

Cenovus

Energy

Inc

6.75%,

11/15/2039

100‌

110‌

Chesapeake

Energy

Corp

6.75%,

04/15/2029

(h)

625‌

632‌

Chevron

Corp

2.24%,

05/11/2030

1,383‌

1,225‌

2.95%,

05/16/2026

225‌

219‌

Chevron

USA

Inc

4.20%,

10/15/2049

563‌

472‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

54

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Oil

&

Gas

(continued)

Civitas

Resources

Inc

8.63%,

11/01/2030

(h)

$

1,200‌

$

1,296‌

CNX

Resources

Corp

7.25%,

03/01/2032

(h)

300‌

310‌

7.38%,

01/15/2031

(h)

1,550‌

1,600‌

Comstock

Resources

Inc

5.88%,

01/15/2030

(h)

1,600‌

1,488‌

ConocoPhillips

Co

5.05%,

09/15/2033

200‌

203‌

5.70%,

09/15/2063

150‌

153‌

Continental

Resources

Inc/OK

2.88%,

04/01/2032

(h)

100‌

83‌

Devon

Energy

Corp

5.25%,

10/15/2027

100‌

101‌

7.95%,

04/15/2032

100‌

116‌

Diamondback

Energy

Inc

4.40%,

03/24/2051

993‌

817‌

5.75%,

04/18/2054

150‌

149‌

5.90%,

04/18/2064

1,072‌

1,066‌

6.25%,

03/15/2053

1,268‌

1,339‌

Energean

Israel

Finance

Ltd

5.88%,

03/30/2031

(h)

2,850‌

2,438‌

Eni

SpA

0.63%,

01/23/2030

EUR

100‌

95‌

4.25%,

05/09/2029

(h)

$

200‌

196‌

4.25%,

05/19/2033

EUR

100‌

113‌

5.95%,

05/15/2054

(h)

$

533‌

540‌

EOG

Resources

Inc

4.15%,

01/15/2026

200‌

199‌

EQT

Corp

3.63%,

05/15/2031

(h)

1,974‌

1,774‌

Exxon

Mobil

Corp

0.84%,

06/26/2032

EUR

100‌

90‌

3.29%,

03/19/2027

$

200‌

196‌

3.45%,

04/15/2051

300‌

224‌

Hess

Corp

4.30%,

04/01/2027

200‌

198‌

HF

Sinclair

Corp

5.00%,

02/01/2028

(h)

604‌

595‌

Hilcorp

Energy

I

LP

/

Hilcorp

Finance

Co

6.00%,

02/01/2031

(h)

1,275‌

1,237‌

6.25%,

04/15/2032

(h)

2,275‌

2,213‌

8.38%,

11/01/2033

(h)

200‌

216‌

KazMunayGas

National

Co

JSC

6.38%,

10/24/2048

3,750‌

3,532‌

Leviathan

Bond

Ltd

6.50%,

06/30/2027

(h)

2,350‌

2,220‌

Marathon

Oil

Corp

5.20%,

06/01/2045

100‌

95‌

5.30%,

04/01/2029

969‌

990‌

6.60%,

10/01/2037

804‌

894‌

MEG

Energy

Corp

5.88%,

02/01/2029

(h)

150‌

148‌

North

West

Redwater

Partnership

/

NWR

Financing

Co

Ltd

4.35%,

01/10/2039

CAD

100‌

69‌

Occidental

Petroleum

Corp

4.40%,

04/15/2046

$

1,320‌

1,066‌

5.20%,

08/01/2029

678‌

682‌

5.55%,

10/01/2034

540‌

543‌

6.05%,

10/01/2054

50‌

50‌

6.13%,

01/01/2031

878‌

917‌

6.38%,

09/01/2028

150‌

156‌

6.45%,

09/15/2036

100‌

107‌

6.63%,

09/01/2030

100‌

107‌

ORLEN

SA

1.13%,

05/27/2028

EUR

100‌

99‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Oil

&

Gas

(continued)

Petroleos

de

Venezuela

SA

0.00%,

05/16/2024

(d)

$

14,402‌

$

1,663‌

Petroleos

Mexicanos

6.50%,

03/13/2027

1,000‌

962‌

6.50%,

01/23/2029

2,400‌

2,183‌

7.69%,

01/23/2050

3,250‌

2,387‌

Phillips

66

Co

3.75%,

03/01/2028

200‌

194‌

5.30%,

06/30/2033

100‌

101‌

Pioneer

Natural

Resources

Co

5.10%,

03/29/2026

490‌

493‌

Puma

International

Financing

SA

7.75%,

04/25/2029

(h)

2,475‌

2,507‌

Reliance

Industries

Ltd

2.88%,

01/12/2032

250‌

216‌

Repsol

International

Finance

BV

0.25%,

08/02/2027

EUR

200‌

199‌

Shell

International

Finance

BV

1.25%,

11/11/2032

100‌

93‌

2.50%,

09/12/2026

$

300‌

287‌

3.00%,

11/26/2051

75‌

51‌

4.38%,

05/11/2045

200‌

176‌

5.50%,

03/25/2040

100‌

104‌

SM

Energy

Co

7.00%,

08/01/2032

(h)

1,975‌

1,996‌

Suncor

Energy

Inc

3.75%,

03/04/2051

100‌

73‌

Tengizchevroil

Finance

Co

International

Ltd

4.00%,

08/15/2026

3,825‌

3,666‌

TotalEnergies

Capital

International

SA

1.62%,

05/18/2040

EUR

100‌

83‌

2.99%,

06/29/2041

$

200‌

149‌

3.39%,

06/29/2060

50‌

35‌

TotalEnergies

Capital

SA

5.64%,

04/05/2064

279‌

284‌

TotalEnergies

SE

1.63%,

10/25/2027

(g),(k)

EUR

100‌

99‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

1.99%

2.13%,

07/25/2032

(g),(k)

100‌

90‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

2.51%

Transocean

Inc

6.80%,

03/15/2038

$

2,050‌

1,760‌

7.50%,

04/15/2031

2,850‌

2,750‌

8.50%,

05/15/2031

(h)

1,125‌

1,152‌

Trident

Energy

Finance

PLC

12.50%,

11/30/2029

(h)

2,000‌

2,078‌

Valero

Energy

Corp

3.65%,

12/01/2051

100‌

71‌

Var

Energi

ASA

7.50%,

01/15/2028

(h)

200‌

212‌

Viper

Energy

Inc

7.38%,

11/01/2031

(h)

2,450‌

2,571‌

Wintershall

Dea

Finance

BV

1.33%,

09/25/2028

EUR

100‌

99‌

Woodside

Finance

Ltd

4.50%,

03/04/2029

(h)

$

150‌

147‌

$

70,320‌

Oil

&

Gas

Services

-

0.10%

Baker

Hughes

Holdings

LLC

/

Baker

Hughes

Co-

Obligor

Inc

3.14%,

11/07/2029

100‌

93‌

Halliburton

Co

4.75%,

08/01/2043

753‌

678‌

4.85%,

11/15/2035

200‌

196‌

Schlumberger

Holdings

Corp

3.90%,

05/17/2028

(h)

200‌

195‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

55

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Oil

&

Gas

Services

(continued)

Yinson

Production

Financial

Services

Pte

Ltd

9.63%,

05/03/2029

(h)

$

1,550‌

$

1,537‌

$

2,699‌

Other

Asset

Backed

Securities

-

0.61%

Catskill

Park

CLO

Ltd

6.89%,

04/20/2029

(h)

765‌

765‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.61%

Crestline

Denali

CLO

XV

Ltd

6.57%,

04/20/2030

(h)

1,238‌

1,239‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.29%

Golub

Capital

Partners

Clo

36m

Ltd

7.25%,

02/05/2031

(h)

586‌

586‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.91%

Man

GLG

US

CLO

6.68%,

04/22/2030

(h)

990‌

992‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.40%

MidOcean

Credit

CLO

VI

6.51%,

04/20/2033

(h)

437‌

437‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.23%

Midocean

Credit

Clo

VIII

6.89%,

02/20/2031

(h)

3,537‌

3,538‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.56%

Mountain

View

CLO

IX

Ltd

6.68%,

07/15/2031

(h)

3,670‌

3,672‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.38%

OCP

CLO

2014-6

Ltd

6.44%,

10/17/2030

(h)

1,095‌

1,096‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.15%

Verizon

Master

Trust

1.53%,

07/20/2028

2,025‌

1,988‌

Zais

Clo

13

Ltd

7.52%,

07/15/2032

(h)

2,104‌

2,109‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.22%

$

16,422‌

Packaging

&

Containers

-

0.69%

Amcor

Flexibles

North

America

Inc

2.69%,

05/25/2031

1,167‌

1,003‌

Ardagh

Metal

Packaging

Finance

USA

LLC

/

Ardagh

Metal

Packaging

Finance

PLC

4.00%,

09/01/2029

(h)

5,800‌

4,926‌

Packaging

Corp

of

America

3.40%,

12/15/2027

200‌

192‌

5.70%,

12/01/2033

979‌

1,020‌

Sealed

Air

Corp/Sealed

Air

Corp

US

7.25%,

02/15/2031

(h)

1,400‌

1,458‌

Smurfit

Kappa

Treasury

ULC

5.78%,

04/03/2054

(h)

1,090‌

1,112‌

Sonoco

Products

Co

1.80%,

02/01/2025

3,099‌

3,039‌

Trivium

Packaging

Finance

BV

5.50%,

08/15/2026

(h)

5,825‌

5,705‌

WRKCo

Inc

3.00%,

06/15/2033

100‌

86‌

$

18,541‌

Pharmaceuticals

-

1.72%

AbbVie

Inc

0.75%,

11/18/2027

EUR

200‌

202‌

4.05%,

11/21/2039

$

1,958‌

1,749‌

4.25%,

11/14/2028

100‌

99‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Pharmaceuticals

(continued)

AbbVie

Inc  

(continued)

4.25%,

11/21/2049

$

1,120‌

$

957‌

4.88%,

11/14/2048

200‌

188‌

4.95%,

03/15/2031

731‌

745‌

5.05%,

03/15/2034

50‌

51‌

5.50%,

03/15/2064

50‌

51‌

Astrazeneca

Finance

LLC

4.85%,

02/26/2029

1,147‌

1,164‌

4.88%,

03/03/2028

957‌

970‌

4.90%,

03/03/2030

1,045‌

1,068‌

AstraZeneca

PLC

0.70%,

04/08/2026

200‌

187‌

1.38%,

08/06/2030

200‌

168‌

3.00%,

05/28/2051

200‌

138‌

Bayer

AG

4.00%,

08/26/2026

EUR

100‌

110‌

4.63%,

05/26/2033

200‌

227‌

Bayer

US

Finance

II

LLC

3.95%,

04/15/2045

(h)

$

100‌

72‌

4.25%,

12/15/2025

(h)

200‌

197‌

4.70%,

07/15/2064

(h)

100‌

75‌

Becton

Dickinson

&

Co

3.79%,

05/20/2050

100‌

77‌

4.30%,

08/22/2032

346‌

332‌

4.69%,

02/13/2028

990‌

990‌

Bristol-Myers

Squibb

Co

1.13%,

11/13/2027

100‌

90‌

2.95%,

03/15/2032

634‌

562‌

3.25%,

08/01/2042

349‌

268‌

3.70%,

03/15/2052

200‌

151‌

3.90%,

02/20/2028

100‌

98‌

3.90%,

03/15/2062

200‌

149‌

4.13%,

06/15/2039

200‌

179‌

5.65%,

02/22/2064

550‌

554‌

5.75%,

02/01/2031

1,048‌

1,111‌

6.40%,

11/15/2063

634‌

708‌

Cardinal

Health

Inc

4.60%,

03/15/2043

2,167‌

1,887‌

4.90%,

09/15/2045

100‌

90‌

5.13%,

02/15/2029

476‌

483‌

Cencora

Inc

2.70%,

03/15/2031

100‌

88‌

4.30%,

12/15/2047

589‌

502‌

5.13%,

02/15/2034

1,080‌

1,089‌

Cigna

Group/The

2.38%,

03/15/2031

200‌

172‌

2.40%,

03/15/2030

465‌

412‌

3.40%,

03/01/2027

200‌

194‌

3.40%,

03/15/2050

1,604‌

1,123‌

3.40%,

03/15/2051

100‌

70‌

3.88%,

10/15/2047

311‌

241‌

4.80%,

08/15/2038

200‌

190‌

5.00%,

05/15/2029

422‌

427‌

CVS

Health

Corp

3.00%,

08/15/2026

200‌

193‌

4.78%,

03/25/2038

2,433‌

2,235‌

5.00%,

02/20/2026

100‌

100‌

5.00%,

01/30/2029

300‌

302‌

5.05%,

03/25/2048

200‌

176‌

5.13%,

07/20/2045

845‌

763‌

5.55%,

06/01/2031

978‌

1,000‌

6.05%,

06/01/2054

501‌

504‌

Eli

Lilly

&

Co

0.63%,

11/01/2031

EUR

100‌

92‌

3.38%,

03/15/2029

$

250‌

240‌

4.50%,

02/09/2029

200‌

202‌

4.70%,

02/27/2033

739‌

742‌

4.88%,

02/27/2053

100‌

96‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

56

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Pharmaceuticals

(continued)

Eli

Lilly

&

Co  

(continued)

5.10%,

02/09/2064

$

881‌

$

859‌

GlaxoSmithKline

Capital

Inc

3.88%,

05/15/2028

300‌

294‌

GlaxoSmithKline

Capital

PLC

1.63%,

05/12/2035

GBP

100‌

95‌

Grifols

SA

3.88%,

10/15/2028

(h)

EUR

1,125‌

1,071‌

4.75%,

10/15/2028

(h)

$

1,550‌

1,414‌

Johnson

&

Johnson

0.55%,

09/01/2025

100‌

96‌

0.95%,

09/01/2027

200‌

181‌

1.15%,

11/20/2028

EUR

100‌

101‌

2.10%,

09/01/2040

$

400‌

276‌

4.80%,

06/01/2029

737‌

755‌

Merck

&

Co

Inc

2.75%,

12/10/2051

100‌

65‌

3.40%,

03/07/2029

200‌

192‌

4.90%,

05/17/2044

200‌

192‌

5.15%,

05/17/2063

100‌

97‌

Merck

Financial

Services

GmbH

0.88%,

07/05/2031

EUR

100‌

93‌

MSD

Netherlands

Capital

BV

3.70%,

05/30/2044

100‌

108‌

Novartis

Capital

Corp

2.20%,

08/14/2030

$

200‌

177‌

3.70%,

09/21/2042

100‌

84‌

Novartis

Finance

SA

0.00%,

09/23/2028

(d)

EUR

200‌

193‌

Novo

Nordisk

Finance

Netherlands

BV

1.38%,

03/31/2030

100‌

100‌

Option

Care

Health

Inc

4.38%,

10/31/2029

(h)

$

3,440‌

3,213‌

Pfizer

Inc

2.74%,

06/15/2043

GBP

100‌

92‌

3.45%,

03/15/2029

$

100‌

96‌

3.90%,

03/15/2039

200‌

176‌

4.00%,

03/15/2049

100‌

83‌

Pfizer

Investment

Enterprises

Pte

Ltd

4.75%,

05/19/2033

868‌

866‌

5.11%,

05/19/2043

623‌

607‌

5.30%,

05/19/2053

885‌

874‌

5.34%,

05/19/2063

1,404‌

1,368‌

Sanofi

SA

1.25%,

04/06/2029

EUR

200‌

201‌

1.50%,

09/22/2025

100‌

106‌

Shire

Acquisitions

Investments

Ireland

DAC

3.20%,

09/23/2026

$

28‌

27‌

Takeda

Pharmaceutical

Co

Ltd

1.00%,

07/09/2029

EUR

100‌

98‌

3.03%,

07/09/2040

$

200‌

149‌

5.00%,

11/26/2028

200‌

202‌

5.80%,

07/05/2064

1,134‌

1,131‌

Upjohn

Finance

BV

1.36%,

06/23/2027

EUR

100‌

102‌

Viatris

Inc

2.30%,

06/22/2027

$

100‌

93‌

3.85%,

06/22/2040

995‌

750‌

4.00%,

06/22/2050

2,297‌

1,605‌

Zoetis

Inc

4.45%,

08/20/2048

100‌

87‌

4.50%,

11/13/2025

100‌

99‌

5.60%,

11/16/2032

459‌

479‌

$

46,247‌

Pipelines

-

2.29%

Acu

Petroleo

Luxembourg

Sarl

7.50%,

07/13/2035

1,956‌

1,923‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Pipelines

(continued)

Antero

Midstream

Partners

LP

/

Antero

Midstream

Finance

Corp

5.75%,

01/15/2028

(h)

$

825‌

$

819‌

Blue

Racer

Midstream

LLC

/

Blue

Racer

Finance

Corp

7.25%,

07/15/2032

(h)

925‌

963‌

Boardwalk

Pipelines

LP

4.80%,

05/03/2029

100‌

99‌

Buckeye

Partners

LP

4.50%,

03/01/2028

(h)

1,025‌

978‌

5.60%,

10/15/2044

375‌

311‌

5.85%,

11/15/2043

1,450‌

1,287‌

Cheniere

Energy

Partners

LP

3.25%,

01/31/2032

100‌

87‌

4.00%,

03/01/2031

100‌

93‌

CNX

Midstream

Partners

LP

4.75%,

04/15/2030

(h)

2,825‌

2,589‌

Columbia

Pipelines

Operating

Co

LLC

6.50%,

08/15/2043

(h)

100‌

107‌

CQP

Holdco

LP

/

BIP-V

Chinook

Holdco

LLC

5.50%,

06/15/2031

(h)

2,005‌

1,923‌

DCP

Midstream

Operating

LP

3.25%,

02/15/2032

100‌

87‌

Enbridge

Energy

Partners

LP

7.38%,

10/15/2045

150‌

175‌

Enbridge

Inc

2.99%,

10/03/2029

CAD

300‌

205‌

3.13%,

11/15/2029

$

100‌

92‌

5.36%,

05/26/2033

CAD

75‌

57‌

5.70%,

03/08/2033

$

100‌

103‌

6.00%,

01/15/2077

(k)

400‌

390‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.15%

6.25%,

03/01/2078

(k)

2,500‌

2,402‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.90%

8.50%,

01/15/2084

(k)

200‌

219‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.43%

Enbridge

Pipelines

Inc

3.52%,

02/22/2029

CAD

300‌

211‌

Energy

Transfer

LP

4.95%,

05/15/2028

$

307‌

308‌

5.15%,

02/01/2043

261‌

235‌

5.25%,

07/01/2029

200‌

202‌

5.35%,

05/15/2045

1,089‌

1,006‌

5.40%,

10/01/2047

698‌

644‌

5.95%,

05/15/2054

100‌

99‌

6.05%,

09/01/2054

994‌

996‌

6.10%,

02/15/2042

200‌

202‌

6.25%,

04/15/2049

25‌

26‌

6.40%,

12/01/2030

540‌

578‌

Enterprise

Products

Operating

LLC

3.70%,

01/31/2051

462‌

352‌

5.10%,

02/15/2045

100‌

95‌

5.35%,

01/31/2033

200‌

207‌

EQM

Midstream

Partners

LP

4.75%,

01/15/2031

(h)

1,225‌

1,157‌

Flex

Intermediate

Holdco

LLC

3.36%,

06/30/2031

(h)

100‌

85‌

Galaxy

Pipeline

Assets

Bidco

Ltd

3.25%,

09/30/2040

200‌

155‌

Genesis

Energy

LP

/

Genesis

Energy

Finance

Corp

7.88%,

05/15/2032

750‌

766‌

8.25%,

01/15/2029

875‌

910‌

8.88%,

04/15/2030

1,150‌

1,218‌

Gray

Oak

Pipeline

LLC

3.45%,

10/15/2027

(h)

1,185‌

1,131‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

57

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Pipelines

(continued)

Greensaif

Pipelines

Bidco

Sarl

6.13%,

02/23/2038

$

3,550‌

$

3,633‌

Harvest

Midstream

I

LP

7.50%,

05/15/2032

(h)

1,175‌

1,209‌

Hess

Midstream

Operations

LP

5.50%,

10/15/2030

(h)

825‌

802‌

Inter

Pipeline

Ltd/AB

3.98%,

11/25/2031

CAD

100‌

67‌

6.38%,

02/17/2033

100‌

77‌

Kinder

Morgan

Energy

Partners

LP

5.00%,

08/15/2042

$

100‌

90‌

5.40%,

09/01/2044

100‌

94‌

5.50%,

03/01/2044

620‌

591‌

Kinder

Morgan

Inc

5.10%,

08/01/2029

609‌

615‌

5.30%,

12/01/2034

200‌

200‌

Midwest

Connector

Capital

Co

LLC

4.63%,

04/01/2029

(h)

150‌

148‌

MPLX

LP

4.70%,

04/15/2048

150‌

127‌

4.90%,

04/15/2058

50‌

42‌

5.00%,

03/01/2033

100‌

98‌

5.50%,

06/01/2034

733‌

738‌

Northern

Natural

Gas

Co

4.30%,

01/15/2049

(h)

100‌

81‌

5.63%,

02/01/2054

(h)

297‌

298‌

NuStar

Logistics

LP

6.38%,

10/01/2030

1,250‌

1,276‌

ONEOK

Inc

5.15%,

10/15/2043

100‌

93‌

5.80%,

11/01/2030

50‌

52‌

6.05%,

09/01/2033

100‌

105‌

6.63%,

09/01/2053

100‌

109‌

ONEOK

Partners

LP

6.65%,

10/01/2036

1,337‌

1,463‌

Pembina

Pipeline

Corp

4.75%,

03/26/2048

CAD

200‌

132‌

Plains

All

American

Pipeline

LP

/

PAA

Finance

Corp

4.30%,

01/31/2043

$

508‌

413‌

4.90%,

02/15/2045

150‌

131‌

6.65%,

01/15/2037

856‌

927‌

Prairie

Acquiror

LP

9.00%,

08/01/2029

(h)

1,800‌

1,856‌

Sabine

Pass

Liquefaction

LLC

4.20%,

03/15/2028

200‌

196‌

5.90%,

09/15/2037

573‌

594‌

Southern

Gas

Corridor

CJSC

6.88%,

03/24/2026

3,650‌

3,681‌

Tallgrass

Energy

Partners

LP

/

Tallgrass

Energy

Finance

Corp

6.00%,

09/01/2031

(h)

675‌

636‌

7.38%,

02/15/2029

(h)

1,250‌

1,266‌

Targa

Resources

Corp

4.20%,

02/01/2033

100‌

92‌

6.50%,

02/15/2053

100‌

107‌

Targa

Resources

Partners

LP

/

Targa

Resources

Partners

Finance

Corp

5.50%,

03/01/2030

567‌

568‌

Tennessee

Gas

Pipeline

Co

LLC

2.90%,

03/01/2030

(h)

200‌

179‌

TMS

Issuer

Sarl

5.78%,

08/23/2032

200‌

204‌

TransCanada

PipeLines

Ltd

4.75%,

05/15/2038

300‌

281‌

5.92%,

05/12/2052

CAD

100‌

79‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Pipelines

(continued)

Transcanada

Trust

5.60%,

03/07/2082

(k)

$

3,800‌

$

3,525‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.99%

Venture

Global

LNG

Inc

7.00%,

01/15/2030

(h)

1,150‌

1,162‌

8.38%,

06/01/2031

(h)

4,200‌

4,414‌

9.88%,

02/01/2032

(h)

1,775‌

1,970‌

Western

Midstream

Operating

LP

5.30%,

03/01/2048

622‌

547‌

5.45%,

04/01/2044

100‌

91‌

Williams

Cos

Inc/The

2.60%,

03/15/2031

100‌

87‌

5.30%,

08/15/2028

200‌

204‌

5.30%,

08/15/2052

100‌

95‌

5.75%,

06/24/2044

655‌

653‌

$

61,590‌

Private

Equity

-

0.14%

Brookfield

Finance

II

Inc

5.43%,

12/14/2032

CAD

100‌

76‌

Brookfield

Finance

Inc

5.97%,

03/04/2054

$

50‌

51‌

Brookfield

Finance

LLC

/

Brookfield

Finance

Inc

3.45%,

04/15/2050

50‌

35‌

Carlyle

Finance

Subsidiary

LLC

3.50%,

09/19/2029

(h)

100‌

94‌

CBRE

Global

Investors

Open-Ended

Funds

SCA

SICAV-SIF-Pan

European

Core

Fund

0.50%,

01/27/2028

EUR

100‌

97‌

EQT

AB

2.38%,

04/06/2028

100‌

104‌

HAT

Holdings

I

LLC

/

HAT

Holdings

II

LLC

3.75%,

09/15/2030

(h)

$

2,175‌

1,909‌

8.00%,

06/15/2027

(h)

1,100‌

1,151‌

Intermediate

Capital

Group

PLC

1.63%,

02/17/2027

EUR

100‌

102‌

KKR

Group

Finance

Co

VIII

LLC

3.50%,

08/25/2050

(h)

$

150‌

106‌

$

3,725‌

Real

Estate

-

0.37%

Acef

Holding

SCA

1.25%,

04/26/2030

EUR

100‌

94‌

Akelius

Residential

Property

Financing

BV

1.00%,

01/17/2028

100‌

97‌

Aldar

Sukuk

No

2

Ltd

3.88%,

10/22/2029

$

200‌

188‌

Alpha

Star

Holding

VII

Ltd

7.75%,

04/27/2026

2,400‌

2,425‌

Aroundtown

SA

1.45%,

07/09/2028

EUR

100‌

95‌

3.00%,

10/16/2029

GBP

100‌

108‌

Aster

Treasury

Plc

1.41%,

01/27/2036

100‌

90‌

Blackstone

Property

Partners

Europe

Holdings

Sarl

1.00%,

10/20/2026

EUR

200‌

204‌

Blend

Funding

PLC

3.46%,

09/21/2049

GBP

100‌

96‌

Castellum

Helsinki

Finance

Holding

Abp

0.88%,

09/17/2029

EUR

100‌

92‌

China

Overseas

Grand

Oceans

Finance

IV

Cayman

Ltd

2.45%,

02/09/2026

$

200‌

185‌

Clarion

Funding

PLC

1.25%,

11/13/2032

GBP

100‌

97‌

Country

Garden

Holdings

Co

Ltd

0.00%,

05/27/2025

(d)

$

300‌

24‌

0.00%,

02/06/2026

(d)

1,900‌

154‌

0.00%,

04/08/2026

(d)

700‌

57‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

58

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Real

Estate

(continued)

Country

Garden

Holdings

Co

Ltd  

(continued)

0.00%,

07/12/2026

(d)

$

200‌

$

16‌

CTP

NV

1.25%,

06/21/2029

EUR

100‌

96‌

Heimstaden

Bostad

Treasury

BV

1.38%,

07/24/2028

100‌

92‌

Hyde

Housing

Association

Ltd

1.75%,

08/18/2055

GBP

100‌

60‌

Kojamo

Oyj

1.88%,

05/27/2027

EUR

100‌

103‌

LEG

Immobilien

SE

0.75%,

06/30/2031

100‌

88‌

London

&

Quadrant

Housing

Trust

2.00%,

03/31/2032

GBP

100‌

104‌

MAF

Global

Securities

Ltd

7.88%,

06/30/2027

(g),(k)

$

3,275‌

3,349‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.89%

Notting

Hill

Genesis

2.88%,

01/31/2029

GBP

100‌

118‌

Ontario

Teachers'

Cadillac

Fairview

Properties

Trust

2.50%,

10/15/2031

(h)

$

830‌

698‌

Orbit

Capital

PLC

2.00%,

11/24/2038

GBP

100‌

88‌

Peabody

Capital

PLC

5.25%,

03/17/2043

100‌

127‌

Platform

HG

Financing

PLC

1.93%,

09/15/2041

100‌

83‌

Prologis

International

Funding

II

SA

2.38%,

11/14/2030

EUR

125‌

127‌

Southern

Housing

3.50%,

10/19/2047

GBP

100‌

93‌

Sun

Hung

Kai

Properties

Capital

Market

Ltd

2.88%,

01/21/2030

$

200‌

180‌

VGP

NV

1.63%,

01/17/2027

EUR

100‌

101‌

Vonovia

SE

0.00%,

12/01/2025

(d)

200‌

206‌

0.38%,

06/16/2027

100‌

100‌

0.63%,

03/24/2031

100‌

89‌

1.13%,

09/14/2034

100‌

82‌

$

10,006‌

Regional

Authority

-

0.11%

Province

of

British

Columbia

Canada

4.20%,

07/06/2033

$

1,671‌

1,639‌

Provincia

de

Buenos

Aires/Government

Bonds

6.37%,

09/01/2037

(l)

2,896‌

1,279‌

$

2,918‌

REITs

-

0.86%

Alexandria

Real

Estate

Equities

Inc

4.90%,

12/15/2030

300‌

300‌

American

Homes

4

Rent

LP

4.25%,

02/15/2028

200‌

195‌

American

Tower

Corp

0.45%,

01/15/2027

EUR

100‌

101‌

1.45%,

09/15/2026

$

25‌

23‌

1.50%,

01/31/2028

300‌

269‌

2.30%,

09/15/2031

873‌

731‌

2.70%,

04/15/2031

200‌

174‌

4.10%,

05/16/2034

EUR

100‌

110‌

5.20%,

02/15/2029

$

880‌

892‌

AvalonBay

Communities

Inc

2.45%,

01/15/2031

100‌

87‌

Boston

Properties

LP

2.55%,

04/01/2032

150‌

121‌

Brixmor

Operating

Partnership

LP

4.05%,

07/01/2030

100‌

95‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

REITs

(continued)

Choice

Properties

Real

Estate

Investment

Trust

4.18%,

03/08/2028

CAD

300‌

$

217‌

Covivio

SA/France

1.63%,

06/23/2030

EUR

100‌

97‌

Crown

Castle

Inc

2.25%,

01/15/2031

$

100‌

84‌

2.90%,

04/01/2041

200‌

143‌

5.00%,

01/11/2028

648‌

650‌

5.20%,

02/15/2049

332‌

309‌

5.60%,

06/01/2029

561‌

577‌

Digital

Dutch

Finco

BV

1.25%,

02/01/2031

EUR

200‌

184‌

Digital

Realty

Trust

LP

5.55%,

01/15/2028

$

100‌

102‌

Equinix

Inc

1.00%,

03/15/2033

EUR

100‌

89‌

3.90%,

04/15/2032

$

100‌

93‌

ERP

Operating

LP

3.50%,

03/01/2028

200‌

193‌

Extra

Space

Storage

LP

5.70%,

04/01/2028

100‌

103‌

Gecina

SA

1.63%,

05/29/2034

EUR

100‌

93‌

GLP

Capital

LP

/

GLP

Financing

II

Inc

5.38%,

04/15/2026

$

200‌

200‌

Healthpeak

OP

LLC

3.50%,

07/15/2029

100‌

94‌

Highwoods

Realty

LP

2.60%,

02/01/2031

100‌

82‌

Host

Hotels

&

Resorts

LP

3.50%,

09/15/2030

678‌

617‌

Inmobiliaria

Colonial

Socimi

SA

2.00%,

04/17/2026

EUR

100‌

106‌

Invitation

Homes

Operating

Partnership

LP

5.50%,

08/15/2033

$

100‌

101‌

Kilroy

Realty

LP

4.75%,

12/15/2028

100‌

97‌

Kimco

Realty

OP

LLC

2.25%,

12/01/2031

100‌

82‌

4.60%,

02/01/2033

25‌

24‌

Klepierre

SA

2.00%,

05/12/2029

EUR

100‌

102‌

LXP

Industrial

Trust

2.38%,

10/01/2031

$

522‌

425‌

Merlin

Properties

Socimi

SA

1.38%,

06/01/2030

EUR

100‌

95‌

MPT

Operating

Partnership

LP

/

MPT

Finance

Corp

0.99%,

10/15/2026

2,050‌

1,743‌

3.50%,

03/15/2031

$

1,200‌

788‌

5.00%,

10/15/2027

(i)

2,675‌

2,193‌

National

Health

Investors

Inc

3.00%,

02/01/2031

1,035‌

880‌

NNN

REIT

Inc

5.60%,

10/15/2033

150‌

153‌

Omega

Healthcare

Investors

Inc

3.38%,

02/01/2031

395‌

348‌

Piedmont

Operating

Partnership

LP

3.15%,

08/15/2030

100‌

83‌

Prologis

Euro

Finance

LLC

0.50%,

02/16/2032

EUR

300‌

260‌

Prologis

LP

2.25%,

04/15/2030

$

200‌

176‌

4.00%,

09/15/2028

100‌

98‌

Public

Storage

Operating

Co

5.35%,

08/01/2053

401‌

398‌

Realty

Income

Corp

4.65%,

03/15/2047

100‌

89‌

5.05%,

01/13/2026

200‌

200‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

59

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

REITs

(continued)

Regency

Centers

LP

5.25%,

01/15/2034

$

100‌

$

100‌

RioCan

Real

Estate

Investment

Trust

5.61%,

10/06/2027

CAD

100‌

75‌

Scentre

Group

Trust

2

4.75%,

09/24/2080

(h)

$

1,600‌

1,555‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

8.76%

Segro

PLC

5.13%,

12/06/2041

GBP

100‌

124‌

SELP

Finance

Sarl

1.50%,

11/20/2025

EUR

100‌

105‌

Service

Properties

Trust

8.63%,

11/15/2031

(h)

$

1,975‌

2,099‌

Simon

Property

Group

LP

5.50%,

03/08/2033

100‌

103‌

5.85%,

03/08/2053

100‌

102‌

Store

Capital

LLC

4.50%,

03/15/2028

200‌

193‌

Tritax

Big

Box

REIT

PLC

2.63%,

12/14/2026

GBP

100‌

122‌

Trust

Fibra

Uno

5.25%,

01/30/2026

$

200‌

197‌

UDR

Inc

3.10%,

11/01/2034

100‌

83‌

Unibail-Rodamco-Westfield

SE

1.88%,

01/15/2031

EUR

100‌

98‌

2.00%,

05/29/2037

100‌

88‌

2.88%,

01/25/2026

(g),(k)

100‌

104‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

2.11%

Ventas

Realty

LP

5.70%,

09/30/2043

$

50‌

49‌

VICI

Properties

LP

4.75%,

02/15/2028

100‌

99‌

5.75%,

04/01/2034

200‌

203‌

WEA

Finance

LLC

3.50%,

06/15/2029

(h)

100‌

92‌

Welltower

OP

LLC

4.13%,

03/15/2029

200‌

195‌

4.25%,

04/01/2026

100‌

99‌

4.80%,

11/20/2028

GBP

100‌

127‌

Weyerhaeuser

Co

4.00%,

03/09/2052

$

800‌

618‌

4.75%,

05/15/2026

984‌

982‌

WPC

Eurobond

BV

0.95%,

06/01/2030

EUR

100‌

93‌

$

23,171‌

Retail

-

1.13%

1011778

BC

ULC

/

New

Red

Finance

Inc

4.00%,

10/15/2030

(h)

$

6,100‌

5,441‌

7-Eleven

Inc

0.95%,

02/10/2026

(h)

100‌

94‌

2.50%,

02/10/2041

(h)

100‌

67‌

Alimentation

Couche-Tard

Inc

1.88%,

05/06/2026

EUR

100‌

105‌

5.27%,

02/12/2034

(h)

$

150‌

151‌

Asbury

Automotive

Group

Inc

5.00%,

02/15/2032

(h)

500‌

461‌

AutoZone

Inc

4.75%,

08/01/2032

100‌

98‌

5.10%,

07/15/2029

309‌

313‌

Beacon

Roofing

Supply

Inc

6.50%,

08/01/2030

(h)

475‌

486‌

CK

Hutchison

Europe

Finance

21

Ltd

1.00%,

11/02/2033

EUR

100‌

86‌

CK

Hutchison

International

21

Ltd

3.13%,

04/15/2041

(h)

$

200‌

152‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Retail

(continued)

Costco

Wholesale

Corp

1.38%,

06/20/2027

$

200‌

$

184‌

1.60%,

04/20/2030

616‌

530‌

Dick's

Sporting

Goods

Inc

4.10%,

01/15/2052

50‌

36‌

Dollar

General

Corp

3.50%,

04/03/2030

200‌

186‌

Genuine

Parts

Co

6.50%,

11/01/2028

844‌

899‌

Home

Depot

Inc/The

1.38%,

03/15/2031

100‌

82‌

3.35%,

04/15/2050

200‌

146‌

4.00%,

09/15/2025

300‌

297‌

4.50%,

12/06/2048

200‌

178‌

4.75%,

06/25/2029

50‌

51‌

4.90%,

04/15/2029

558‌

568‌

4.95%,

06/25/2034

100‌

101‌

5.15%,

06/25/2026

443‌

448‌

IRB

Holding

Corp

7.00%,

06/15/2025

(h)

900‌

900‌

Kohl's

Corp

5.55%,

07/17/2045

712‌

466‌

LCM

Investments

Holdings

II

LLC

8.25%,

08/01/2031

(h)

1,325‌

1,390‌

Lithia

Motors

Inc

4.38%,

01/15/2031

(h)

950‌

853‌

Lowe's

Cos

Inc

2.50%,

04/15/2026

200‌

193‌

2.63%,

04/01/2031

200‌

175‌

3.70%,

04/15/2046

527‌

400‌

4.05%,

05/03/2047

100‌

80‌

4.50%,

04/15/2030

100‌

99‌

5.75%,

07/01/2053

100‌

101‌

McDonald's

Corp

1.50%,

11/28/2029

EUR

200‌

199‌

3.60%,

07/01/2030

$

150‌

142‌

3.63%,

09/01/2049

1,091‌

812‌

3.70%,

01/30/2026

100‌

98‌

4.60%,

09/09/2032

100‌

99‌

4.80%,

08/14/2028

1,670‌

1,682‌

4.88%,

12/09/2045

200‌

185‌

5.45%,

08/14/2053

468‌

463‌

O'Reilly

Automotive

Inc

3.60%,

09/01/2027

862‌

833‌

5.75%,

11/20/2026

554‌

565‌

Raising

Cane's

Restaurants

LLC

9.38%,

05/01/2029

(h)

2,460‌

2,655‌

Richemont

International

Holding

SA

1.63%,

05/26/2040

EUR

150‌

127‌

Starbucks

Corp

4.50%,

11/15/2048

$

100‌

85‌

4.75%,

02/15/2026

100‌

100‌

4.80%,

02/15/2033

100‌

100‌

Suburban

Propane

Partners

LP/Suburban

Energy

Finance

Corp

5.00%,

06/01/2031

(h)

800‌

726‌

Target

Corp

2.95%,

01/15/2052

100‌

66‌

4.50%,

09/15/2032

75‌

74‌

Tractor

Supply

Co

5.25%,

05/15/2033

100‌

101‌

Victra

Holdings

LLC

/

Victra

Finance

Corp

7.75%,

02/15/2026

(h)

4,550‌

4,568‌

Walmart

Inc

1.50%,

09/22/2028

200‌

180‌

1.80%,

09/22/2031

150‌

127‌

2.50%,

09/22/2041

100‌

71‌

4.00%,

04/15/2030

100‌

99‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

60

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Retail

(continued)

Walmart

Inc  

(continued)

4.50%,

04/15/2053

$

100‌

$

91‌

5.63%,

03/27/2034

GBP

200‌

280‌

$

30,345‌

Savings

&

Loans

-

0.00%

Nationwide

Building

Society

0.25%,

09/14/2028

EUR

100‌

96‌

Semiconductors

-

0.41%

Analog

Devices

Inc

5.30%,

04/01/2054

$

50‌

50‌

Applied

Materials

Inc

3.30%,

04/01/2027

100‌

97‌

4.80%,

06/15/2029

432‌

439‌

ASML

Holding

NV

0.63%,

05/07/2029

EUR

100‌

98‌

Broadcom

Inc

2.45%,

02/15/2031

(h)

$

1,744‌

1,505‌

3.19%,

11/15/2036

(h)

1,616‌

1,318‌

3.42%,

04/15/2033

(h)

150‌

133‌

3.46%,

09/15/2026

200‌

195‌

Foundry

JV

Holdco

LLC

5.88%,

01/25/2034

(h)

1,246‌

1,272‌

5.90%,

01/25/2030

(h)

200‌

207‌

6.15%,

01/25/2032

(h)

444‌

464‌

6.25%,

01/25/2035

(h)

627‌

659‌

6.40%,

01/25/2038

(h)

387‌

411‌

Intel

Corp

2.80%,

08/12/2041

200‌

142‌

4.10%,

05/19/2046

150‌

123‌

4.88%,

02/10/2028

200‌

202‌

5.05%,

08/05/2062

200‌

182‌

5.60%,

02/21/2054

266‌

264‌

KLA

Corp

4.95%,

07/15/2052

100‌

95‌

Marvell

Technology

Inc

4.88%,

06/22/2028

200‌

200‌

Micron

Technology

Inc

4.19%,

02/15/2027

100‌

98‌

5.88%,

02/09/2033

75‌

78‌

NVIDIA

Corp

2.00%,

06/15/2031

200‌

172‌

NXP

BV

/

NXP

Funding

LLC

/

NXP

USA

Inc

5.00%,

01/15/2033

100‌

100‌

QUALCOMM

Inc

4.30%,

05/20/2047

100‌

87‌

4.80%,

05/20/2045

100‌

95‌

6.00%,

05/20/2053

373‌

411‌

Skyworks

Solutions

Inc

3.00%,

06/01/2031

100‌

87‌

Texas

Instruments

Inc

3.88%,

03/15/2039

100‌

90‌

4.60%,

02/15/2028

644‌

648‌

4.85%,

02/08/2034

100‌

102‌

4.90%,

03/14/2033

100‌

102‌

5.05%,

05/18/2063

740‌

709‌

TSMC

Arizona

Corp

3.13%,

10/25/2041

200‌

160‌

$

10,995‌

Software

-

1.64%

ACI

Worldwide

Inc

5.75%,

08/15/2026

(h)

375‌

374‌

Adobe

Inc

4.85%,

04/04/2027

398‌

403‌

Capstone

Borrower

Inc

8.00%,

06/15/2030

(h)

4,100‌

4,247‌

Central

Parent

Inc

/

CDK

Global

Inc

7.25%,

06/15/2029

(h)

1,300‌

1,311‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Software

(continued)

Central

Parent

LLC

/

CDK

Global

II

LLC

/

CDK

Financing

Co

Inc

8.00%,

06/15/2029

(h)

$

2,625‌

$

2,693‌

Clarivate

Science

Holdings

Corp

3.88%,

07/01/2028

(h)

750‌

704‌

4.88%,

07/01/2029

(h)

3,150‌

2,976‌

Dye

&

Durham

Ltd

8.63%,

04/15/2029

(h)

4,075‌

4,170‌

Fidelity

National

Information

Services

Inc

3.10%,

03/01/2041

100‌

74‌

Fiserv

Inc

3.00%,

07/01/2031

GBP

100‌

114‌

4.40%,

07/01/2049

$

1,207‌

1,012‌

Intuit

Inc

5.13%,

09/15/2028

75‌

77‌

Microsoft

Corp

1.35%,

09/15/2030

100‌

85‌

2.40%,

08/08/2026

200‌

192‌

2.53%,

06/01/2050

100‌

65‌

2.68%,

06/01/2060

150‌

95‌

2.92%,

03/17/2052

903‌

634‌

3.70%,

08/08/2046

200‌

169‌

4.10%,

02/06/2037

200‌

192‌

MSCI

Inc

4.00%,

11/15/2029

(h)

200‌

189‌

Open

Text

Corp

3.88%,

12/01/2029

(h)

450‌

408‌

Oracle

Corp

1.65%,

03/25/2026

200‌

190‌

2.30%,

03/25/2028

1,706‌

1,569‌

2.80%,

04/01/2027

300‌

286‌

2.88%,

03/25/2031

100‌

88‌

3.60%,

04/01/2040

200‌

158‌

3.60%,

04/01/2050

200‌

143‌

3.80%,

11/15/2037

2,100‌

1,780‌

3.85%,

04/01/2060

300‌

213‌

4.00%,

11/15/2047

544‌

425‌

4.13%,

05/15/2045

200‌

161‌

4.30%,

07/08/2034

505‌

473‌

4.65%,

05/06/2030

100‌

100‌

5.55%,

02/06/2053

251‌

244‌

Playtika

Holding

Corp

4.25%,

03/15/2029

(h)

5,200‌

4,620‌

RingCentral

Inc

8.50%,

08/15/2030

(h)

1,750‌

1,839‌

Roper

Technologies

Inc

4.20%,

09/15/2028

200‌

196‌

Salesforce

Inc

1.95%,

07/15/2031

300‌

252‌

SAP

SE

1.25%,

03/10/2028

EUR

200‌

205‌

SS&C

Technologies

Inc

5.50%,

09/30/2027

(h)

$

300‌

297‌

6.50%,

06/01/2032

(h)

2,150‌

2,190‌

Take-Two

Interactive

Software

Inc

5.40%,

06/12/2029

194‌

198‌

Twilio

Inc

3.88%,

03/15/2031

1,875‌

1,684‌

UKG

Inc

6.88%,

02/01/2031

(h)

2,525‌

2,595‌

VMware

LLC

4.70%,

05/15/2030

100‌

99‌

ZoomInfo

Technologies

LLC/ZoomInfo

Finance

Corp

3.88%,

02/01/2029

(h)

4,100‌

3,745‌

$

43,934‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

61

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Sovereign

-

3.21%

Angolan

Government

International

Bond

8.75%,

04/14/2032

$

4,000‌

$

3,573‌

Argentine

Republic

Government

International

Bond

0.75%,

07/09/2030

(l)

1,920‌

1,035‌

4.12%,

07/09/2035

(l)

2,300‌

960‌

Brazil

Notas

do

Tesouro

Nacional

Serie

F

9.76%,

01/01/2027

BRL

31,700‌

5,409‌

Dominican

Republic

International

Bond

6.85%,

01/27/2045

$

2,850‌

2,861‌

10.75%,

06/01/2036

(h)

DOP

143,000‌

2,461‌

Ecuador

Government

International

Bond

5.50%,

07/31/2035

(l)

$

4,000‌

2,113‌

6.90%,

07/31/2030

(l)

4,175‌

2,820‌

Egypt

Government

International

Bond

5.80%,

09/30/2027

2,950‌

2,693‌

7.50%,

01/31/2027

1,300‌

1,263‌

8.50%,

01/31/2047

2,525‌

1,901‌

8.70%,

03/01/2049

1,600‌

1,230‌

El

Salvador

Government

International

Bond

0.25%,

04/17/2030

(h)

30,000‌

840‌

Gabon

Government

International

Bond

6.63%,

02/06/2031

1,500‌

1,100‌

Guatemala

Government

Bond

4.88%,

02/13/2028

850‌

821‌

5.25%,

08/10/2029

1,750‌

1,695‌

Iraq

International

Bond

5.80%,

01/15/2028

3,017‌

2,854‌

Israel

Government

International

Bond

5.38%,

03/12/2029

2,000‌

1,992‌

Ivory

Coast

Government

International

Bond

5.25%,

03/22/2030

EUR

2,225‌

2,221‌

6.88%,

10/17/2040

3,050‌

2,765‌

Japan

Government

Five

Year

Bond

0.40%,

09/20/2028

JPY

100,000‌

662‌

Japan

Government

Ten

Year

Bond

0.70%,

12/20/2033

50,000‌

324‌

Mexico

Government

International

Bond

4.28%,

08/14/2041

$

2,281‌

1,808‌

6.34%,

05/04/2053

400‌

383‌

Nigeria

Government

International

Bond

8.75%,

01/21/2031

2,450‌

2,279‌

Pakistan

Government

International

Bond

6.88%,

12/05/2027

700‌

600‌

7.38%,

04/08/2031

1,325‌

1,052‌

Peru

Government

Bond

5.40%,

08/12/2034

PEN

4,225‌

1,007‌

Peruvian

Government

International

Bond

6.90%,

08/12/2037

9,100‌

2,366‌

7.30%,

08/12/2033

(h)

10,268‌

2,841‌

Republic

of

Italy

Government

International

Bond

3.88%,

05/06/2051

$

1,013‌

728‌

Republic

of

South

Africa

Government

Bond

8.88%,

02/28/2035

ZAR

158,400‌

7,573‌

Republic

of

Uzbekistan

International

Bond

6.90%,

02/28/2032

(h)

$

2,800‌

2,744‌

7.85%,

10/12/2028

(h)

775‌

799‌

Serbia

International

Bond

6.50%,

09/26/2033

3,375‌

3,489‌

State

Agency

of

Roads

of

Ukraine

0.00%,

06/24/2030

(d)

3,350‌

1,071‌

Tunisian

Republic

6.38%,

07/15/2026

EUR

3,450‌

3,315‌

Turkiye

Government

Bond

31.08%,

11/08/2028

TRY

70,125‌

2,203‌

37.00%,

02/18/2026

113,800‌

3,368‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Sovereign

(continued)

Ukraine

Government

International

Bond

0.00%,

09/01/2027

(d)

$

1,425‌

$

467‌

0.00%,

09/01/2029

(d)

4,150‌

1,336‌

0.00%,

05/21/2031

(d)

250‌

76‌

0.00%,

09/25/2034

(d)

575‌

176‌

0.00%,

08/01/2041

(d),(l)

1,375‌

844‌

Zambia

Government

International

Bond

5.75%,

06/30/2033

(h),(l)

2,411‌

2,109‌

$

86,227‌

Student

Loan

Asset

Backed

Securities

-

0.60%

CIT

Education

Loan

Trust

2007-1

5.71%,

03/25/2042

(h)

1,503‌

1,467‌

1.00

x

90

Day

Average

Secured

Overnight

Financing

Rate

+

0.35%

Commonbond

Student

Loan

Trust

2017-B-GS

2.68%,

09/25/2042

(h)

1,141‌

1,049‌

ELFI

Graduate

Loan

Program

2024-A

LLC

5.56%,

08/25/2049

(h)

2,000‌

2,027‌

Navient

Private

Education

Refi

Loan

Trust

2022-A

2.23%,

07/15/2070

(h)

889‌

798‌

Navient

Student

Loan

Trust

6.48%,

03/15/2072

(h)

369‌

377‌

SLM

Private

Credit

Student

Loan

Trust

2003-A

7.20%,

06/15/2032

1,939‌

720‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.86%

SLM

Private

Credit

Student

Loan

Trust

2005-B

5.93%,

06/15/2039

223‌

218‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

0.59%

SLM

Private

Credit

Student

Loan

Trust

2006-A

5.89%,

06/15/2039

486‌

472‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

0.55%

SLM

Private

Credit

Student

Loan

Trust

2006-B

5.80%,

12/15/2039

569‌

550‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

0.46%

SLM

Private

Credit

Student

Loan

Trust

2007-A

5.84%,

12/16/2041

189‌

187‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

0.50%

SLM

Student

Loan

Trust

2008-3

6.62%,

08/27/2029

2,260‌

2,243‌

1.00

x

90

Day

Average

Secured

Overnight

Financing

Rate

+

1.26%

SLM

Student

Loan

Trust

2008-4

7.27%,

04/25/2028

288‌

289‌

1.00

x

90

Day

Average

Secured

Overnight

Financing

Rate

+

1.91%

SLM

Student

Loan

Trust

2008-5

7.32%,

01/25/2028

1,994‌

1,999‌

1.00

x

90

Day

Average

Secured

Overnight

Financing

Rate

+

1.96%

SLM

Student

Loan

Trust

2008-6

6.72%,

04/25/2029

2,357‌

2,348‌

1.00

x

90

Day

Average

Secured

Overnight

Financing

Rate

+

1.36%

SMB

Private

Education

Loan

Trust

2024-C

6.44%,

06/17/2052

(h)

1,468‌

1,469‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

1.10%

$

16,213‌

Supranational

Bank

-

0.50%

European

Bank

for

Reconstruction

&

Development

1.50%,

02/13/2025

1,803‌

1,768‌

6.30%,

10/26/2027

INR

291,000‌

3,413‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

62

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Supranational

Bank

(continued)

Inter-American

Development

Bank

1.13%,

07/20/2028

$

2,404‌

$

2,147‌

7.00%,

01/25/2029

INR

131,000‌

1,531‌

International

Bank

for

Reconstruction

&

Development

0.75%,

11/24/2027

$

1,959‌

1,756‌

3.13%,

11/20/2025

1,110‌

1,090‌

6.85%,

04/24/2028

INR

67,000‌

798‌

7.05%,

07/22/2029

74,500‌

894‌

$

13,397‌

Telecommunications

-

2.03%

America

Movil

SAB

de

CV

4.38%,

04/22/2049

$

200‌

171‌

AT&T

Inc

0.25%,

03/04/2026

EUR

200‌

207‌

2.55%,

12/01/2033

$

200‌

164‌

2.60%,

05/19/2038

EUR

150‌

142‌

3.55%,

09/15/2055

$

300‌

208‌

3.65%,

06/01/2051

200‌

145‌

3.65%,

09/15/2059

200‌

138‌

3.85%,

06/01/2060

408‌

294‌

4.25%,

06/01/2043

GBP

100‌

107‌

4.30%,

11/18/2034

EUR

100‌

115‌

4.50%,

05/15/2035

$

2,207‌

2,081‌

4.75%,

05/15/2046

1,386‌

1,238‌

4.90%,

08/15/2037

1,633‌

1,565‌

5.40%,

02/15/2034

647‌

661‌

5.54%,

02/20/2026

300‌

300‌

5.55%,

08/15/2041

250‌

252‌

Axian

Telecom

7.38%,

02/16/2027

(h)

1,975‌

1,953‌

Bell

Telephone

Co

of

Canada

or

Bell

Canada

4.75%,

09/29/2044

CAD

100‌

67‌

5.60%,

08/11/2053

150‌

114‌

British

Telecommunications

PLC

3.13%,

11/21/2031

GBP

100‌

114‌

5.13%,

12/04/2028

$

200‌

203‌

C&W

Senior

Finance

Ltd

6.88%,

09/15/2027

(h)

2,725‌

2,661‌

Cisco

Systems

Inc

2.50%,

09/20/2026

100‌

96‌

4.85%,

02/26/2029

1,360‌

1,386‌

5.05%,

02/26/2034

100‌

102‌

5.30%,

02/26/2054

348‌

351‌

CK

Hutchison

Group

Telecom

Finance

SA

1.13%,

10/17/2028

EUR

100‌

99‌

Corning

Inc

3.90%,

11/15/2049

$

558‌

435‌

5.45%,

11/15/2079

754‌

718‌

CT

Trust

5.13%,

02/03/2032

(h)

1,250‌

1,115‌

5.13%,

02/03/2032

200‌

179‌

Deutsche

Telekom

AG

1.75%,

12/09/2049

EUR

100‌

78‌

Deutsche

Telekom

International

Finance

BV

1.38%,

12/01/2025

150‌

158‌

4.38%,

06/21/2028

(h)

$

150‌

148‌

9.25%,

06/01/2032

100‌

126‌

Digicel

Intermediate

Holdings

Ltd

/

Digicel

International

Finance

Ltd

/

Difl

US

9.00%,

PIK

1.50%;

05/25/2027

(l),(m)

4,421‌

4,390‌

Koninklijke

KPN

NV

3.88%,

07/03/2031

EUR

100‌

111‌

Liquid

Telecommunications

Financing

Plc

5.50%,

09/04/2026

(h)

$

1,625‌

984‌

5.50%,

09/04/2026

275‌

166‌

Millicom

International

Cellular

SA

7.38%,

04/02/2032

(h)

2,350‌

2,359‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Telecommunications

(continued)

NTT

Finance

Corp

0.34%,

03/03/2030

EUR

100‌

$

93‌

1.59%,

04/03/2028

(h)

$

300‌

269‌

Orange

SA

0.50%,

09/04/2032

EUR

100‌

88‌

1.38%,

02/11/2029

(g),(k)

100‌

94‌

EUR

Swap

Annual

(VS

6

Month)

5

Year

+

1.49%

1.88%,

09/12/2030

200‌

202‌

3.25%,

01/15/2032

GBP

100‌

117‌

Rogers

Communications

Inc

3.20%,

03/15/2027

$

200‌

192‌

3.25%,

05/01/2029

CAD

200‌

138‌

4.55%,

03/15/2052

$

100‌

84‌

5.00%,

02/15/2029

1,231‌

1,235‌

5.90%,

09/21/2033

CAD

200‌

157‌

6.75%,

11/09/2039

100‌

83‌

SES

SA

1.63%,

03/22/2026

EUR

100‌

105‌

Sprint

Capital

Corp

6.88%,

11/15/2028

$

100‌

107‌

Sprint

Spectrum

Co

LLC

/

Sprint

Spectrum

Co

II

LLC

/

Sprint

Spectrum

Co

III

LLC

5.15%,

03/20/2028

(h)

150‌

150‌

Telecom

Argentina

SA

9.50%,

07/18/2031

(h)

1,200‌

1,188‌

Telefonica

Emisiones

SA

1.45%,

01/22/2027

EUR

100‌

104‌

2.32%,

10/17/2028

200‌

209‌

4.10%,

03/08/2027

$

150‌

148‌

4.18%,

11/21/2033

EUR

100‌

113‌

4.90%,

03/06/2048

$

1,007‌

879‌

5.52%,

03/01/2049

200‌

190‌

Telia

Co

AB

0.13%,

11/27/2030

EUR

100‌

90‌

Telstra

Corp

Ltd

1.38%,

03/26/2029

100‌

101‌

TELUS

Corp

3.15%,

02/19/2030

CAD

100‌

68‌

4.70%,

03/06/2048

100‌

66‌

T-Mobile

USA

Inc

3.00%,

02/15/2041

$

3,101‌

2,284‌

3.60%,

11/15/2060

672‌

469‌

3.88%,

04/15/2030

300‌

286‌

4.38%,

04/15/2040

200‌

177‌

4.80%,

07/15/2028

200‌

201‌

5.05%,

07/15/2033

200‌

200‌

5.65%,

01/15/2053

604‌

609‌

Verizon

Communications

Inc

0.19%,

03/24/2028

CHF

100‌

110‌

0.88%,

04/08/2027

EUR

200‌

205‌

1.30%,

05/18/2033

100‌

91‌

1.45%,

03/20/2026

$

400‌

380‌

1.75%,

01/20/2031

150‌

124‌

2.36%,

03/15/2032

200‌

167‌

2.65%,

05/06/2030

AUD

200‌

113‌

2.65%,

11/20/2040

$

150‌

106‌

2.85%,

09/03/2041

1,490‌

1,072‌

2.88%,

01/15/2038

EUR

100‌

99‌

2.99%,

10/30/2056

$

100‌

63‌

3.00%,

11/20/2060

(i)

1,057‌

654‌

3.40%,

03/22/2041

695‌

545‌

3.55%,

03/22/2051

300‌

221‌

3.88%,

03/01/2052

464‌

363‌

4.00%,

03/22/2050

200‌

160‌

4.02%,

12/03/2029

125‌

121‌

4.25%,

10/31/2030

EUR

100‌

114‌

5.05%,

05/09/2033

$

794‌

800‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

63

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Telecommunications

(continued)

Viasat

Inc

5.63%,

09/15/2025

(h)

$

4,550‌

$

4,501‌

5.63%,

04/15/2027

(h)

725‌

681‌

Vmed

O2

UK

Financing

I

PLC

4.25%,

01/31/2031

(h)

3,450‌

2,921‌

Vodafone

Group

PLC

2.20%,

08/25/2026

EUR

200‌

213‌

4.25%,

09/17/2050

$

334‌

269‌

5.13%,

06/04/2081

(k)

1,000‌

751‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.07%

5.63%,

02/10/2053

200‌

196‌

5.75%,

02/10/2063

522‌

511‌

5.88%,

06/28/2064

2,354‌

2,323‌

Vodafone

International

Financing

DAC

3.75%,

12/02/2034

EUR

100‌

111‌

$

54,382‌

Toys,

Games

&

Hobbies

-

0.01%

Hasbro

Inc

3.55%,

11/19/2026

$

200‌

193‌

Transportation

-

0.57%

BNSF

Funding

Trust

I

6.61%,

12/15/2055

(k)

4,310‌

4,311‌

3

Month

USD

LIBOR

+

2.35%

Burlington

Northern

Santa

Fe

LLC

4.15%,

12/15/2048

951‌

802‌

4.45%,

03/15/2043

915‌

824‌

5.20%,

04/15/2054

150‌

147‌

Canadian

National

Railway

Co

3.05%,

02/08/2050

CAD

100‌

55‌

3.85%,

08/05/2032

$

100‌

94‌

Canadian

Pacific

Railway

Co

1.35%,

12/02/2024

1,521‌

1,500‌

2.88%,

11/15/2029

100‌

91‌

4.30%,

05/15/2043

100‌

87‌

4.70%,

05/01/2048

652‌

577‌

CSX

Corp

3.35%,

09/15/2049

100‌

72‌

3.80%,

11/01/2046

100‌

80‌

4.25%,

03/15/2029

100‌

99‌

4.50%,

11/15/2052

283‌

249‌

5.20%,

11/15/2033

(i)

422‌

433‌

Deutsche

Post

AG

0.38%,

05/20/2026

EUR

100‌

103‌

3.50%,

03/25/2036

100‌

108‌

DSV

Finance

BV

1.38%,

03/16/2030

100‌

98‌

East

Japan

Railway

Co

4.11%,

02/22/2043

100‌

113‌

FedEx

Corp

0.45%,

08/05/2025

200‌

210‌

4.95%,

10/17/2048

$

100‌

91‌

5.10%,

01/15/2044

100‌

94‌

FedEx

Corp

2020-1

Class

AA

Pass

Through

Trust

1.88%,

08/20/2035

2,149‌

1,825‌

Norfolk

Southern

Corp

3.15%,

06/01/2027

200‌

192‌

4.15%,

02/28/2048

100‌

83‌

4.55%,

06/01/2053

100‌

86‌

5.55%,

03/15/2034

100‌

105‌

Ryder

System

Inc

5.25%,

06/01/2028

396‌

403‌

5.50%,

06/01/2029

698‌

717‌

TTX

Co

5.50%,

09/25/2026

(h)

839‌

850‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Transportation

(continued)

Union

Pacific

Corp

3.25%,

08/15/2025

$

200‌

$

197‌

3.25%,

02/05/2050

100‌

72‌

3.60%,

09/15/2037

100‌

86‌

3.85%,

02/14/2072

200‌

147‌

United

Parcel

Service

Inc

5.30%,

04/01/2050

200‌

198‌

XPO

Inc

6.25%,

06/01/2028

(h)

150‌

152‌

$

15,351‌

Trucking

&

Leasing

-

0.31%

Fortress

Transportation

and

Infrastructure

Investors

LLC

7.00%,

05/01/2031

(h)

1,825‌

1,882‌

7.00%,

06/15/2032

(h)

1,100‌

1,135‌

GATX

Corp

3.25%,

09/15/2026

1,033‌

998‌

4.00%,

06/30/2030

100‌

95‌

6.05%,

03/15/2034

778‌

816‌

6.05%,

06/05/2054

535‌

551‌

Penske

Truck

Leasing

Co

Lp

/

PTL

Finance

Corp

5.35%,

03/30/2029

(h)

412‌

419‌

5.88%,

11/15/2027

(h)

100‌

103‌

6.05%,

08/01/2028

(h)

670‌

697‌

6.20%,

06/15/2030

(h)

1,446‌

1,537‌

SMBC

Aviation

Capital

Finance

DAC

5.55%,

04/03/2034

(h)

200‌

201‌

$

8,434‌

Water

-

0.17%

Aegea

Finance

Sarl

9.00%,

01/20/2031

(h)

1,875‌

1,978‌

9.00%,

01/20/2031

250‌

264‌

American

Water

Capital

Corp

3.45%,

06/01/2029

200‌

190‌

4.15%,

06/01/2049

100‌

82‌

Anglian

Water

Services

Financing

PLC

2.63%,

06/15/2027

GBP

100‌

119‌

Essential

Utilities

Inc

3.35%,

04/15/2050

$

100‌

69‌

Georgia

Global

Utilities

JSC

8.88%,

07/25/2029

(h)

850‌

853‌

Northumbrian

Water

Finance

PLC

6.38%,

10/28/2034

GBP

100‌

133‌

Suez

SACA

5.00%,

11/03/2032

EUR

100‌

118‌

Thames

Water

Utilities

Finance

PLC

2.38%,

04/22/2040

GBP

150‌

121‌

United

Utilities

Water

Finance

PLC

2.63%,

02/12/2031

100‌

111‌

Veolia

Environnement

SA

1.59%,

01/10/2028

EUR

200‌

205‌

Yorkshire

Water

Finance

PLC

1.75%,

11/26/2026

GBP

100‌

117‌

2.75%,

04/18/2041

100‌

85‌

$

4,445‌

TOTAL

BONDS

$

1,890,292‌

SENIOR

FLOATING

RATE

INTERESTS

-

12.18%

Principal

Amount

(000's)

Value

(000's)

Advertising

-

0.17%

Advantage

Sales

&

Marketing

Inc

9.83%,

10/28/2027

(p)

$

394‌

$

379‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.25%

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

64

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Advertising

(continued)

Clear

Channel

Outdoor

Holdings

Inc

9.46%,

08/23/2028

(p)

$

1,890‌

$

1,894‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

9.46%,

08/23/2028

(p)

1,382‌

1,385‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

Dotdash

Meredith

Inc

9.44%,

12/01/2028

(p)

525‌

524‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

Planet

US

Buyer

LLC

8.82%,

01/31/2031

(p)

282‌

283‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

$

4,465‌

Aerospace

&

Defense

-

0.09%

Bleriot

US

Bidco

Inc

0.00%,

10/31/2030

(p),(q)

249‌

250‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.00%

Dynasty

Acquisition

Co

Inc

8.84%,

08/24/2028

(p)

538‌

540‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

Standard

Aero

Ltd

8.84%,

08/24/2028

(p)

207‌

208‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

TransDigm

Inc

7.84%,

02/14/2031

(p)

1,301‌

1,304‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.50%

$

2,302‌

Airlines

-

0

.12%

AAdvantage

Loyalty

IP

Ltd

10.29%,

04/20/2028

(p)

1,121‌

1,158‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.75%

Air

Canada

7.85%,

03/14/2031

(p)

309‌

310‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.50%

SkyMiles

IP

Ltd

9.03%,

10/20/2027

(p)

570‌

582‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.75%

United

Airlines

Inc

8.03%,

02/15/2031

(p)

608‌

610‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

WestJet

Loyalty

LP

9.08%,

01/31/2031

(p)

524‌

524‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.75%

$

3,184‌

Apparel

-

0.03%

ABG

Intermediate

Holdings

2

LLC

3.25%,

12/21/2028

(p)

410‌

412‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

Birkenstock

US

BidCo

Inc

8.84%,

04/28/2028

(p)

450‌

450‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

$

862‌

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Automobile

Parts

&

Equipment

-

0.23%

Clarios

Global

LP

7.84%,

05/06/2030

(p)

$

1,332‌

$

1,333‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Dexko

Global

Inc

9.35%,

10/04/2028

(p)

384‌

383‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.75%

First

Brands

Group

LLC

10.59%,

03/30/2027

(p)

2,666‌

2,646‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

5.00%

10.59%,

03/30/2027

(p)

323‌

321‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

5.00%

14.14%,

03/30/2028

(p)

1,475‌

1,401‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

8.50%

$

6,084‌

Beverages

-

0.09%

Arterra

Wines

Canada

Inc

9.10%,

11/25/2027

(p)

188‌

179‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

BrewCo

Borrower

LLC

9.00%,

PIK

1.50%,

04/14/2028

(m),(p)

103‌

80‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

9.06%,

04/05/2028

(p)

375‌

332‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

11.55%,

04/05/2028

(p)

143‌

143‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.25%

Pegasus

Midco

BV

9.07%,

07/12/2029

(p)

323‌

324‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.75%

Triton

Water

Holdings

Inc

8.85%,

03/31/2028

(p)

1,256‌

1,259‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.25%

9.33%,

03/31/2028

(p)

124‌

125‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.00%

$

2,442‌

Building

Materials

-

0.10%

ACProducts

Holdings

Inc

9.85%,

05/17/2028

(p)

167‌

133‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.25%

Chariot

Buyer

LLC

8.69%,

10/22/2028

(p)

810‌

809‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

8.84%,

11/03/2028

(p)

424‌

424‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

Gulfside

Supply

Inc

8.29%,

05/29/2031

(p)

478‌

479‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.00%

MIWD

Holdco

II

LLC

8.84%,

03/21/2031

(p)

210‌

211‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

65

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Building

Materials

(continued)

Quikrete

Holdings

Inc

7.84%,

03/25/2031

(p)

$

140‌

$

140‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Standard

Industries

Inc/NJ

7.35%,

08/06/2028

(p)

575‌

576‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.00%

$

2,772‌

Chemicals

-

0.57%

Advancion

Holdings

LLC

13.19%,

10/27/2028

(p)

8,680‌

8,293‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

7.75%

Ascend

Performance

Materials

Operations

LLC

10.07%,

08/27/2026

(p)

1,019‌

1,021‌

CME

Term

Secured

Overnight

Financing

Rate

6

Month

+

4.75%

ASP

Unifrax

Holdings

Inc

9.23%,

12/12/2025

(p)

389‌

377‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.75%

Axalta

Coating

Systems

US

Holdings

Inc

7.34%,

12/20/2029

(p)

439‌

440‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.00%

Derby

Buyer

LLC

8.84%,

11/01/2030

(p)

224‌

225‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

Discovery

Purchaser

Corp

9.69%,

08/04/2029

(p)

610‌

608‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.38%

Ecovyst

Catalyst

Technologies

LLC

7.60%,

06/12/2031

(p)

217‌

217‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

Herens

US

Holdco

Corp

9.36%,

07/03/2028

(p)

612‌

593‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.00%

INEOS

US

Finance

LLC

8.60%,

02/18/2030

(p)

490‌

487‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

9.09%,

01/31/2031

(p)

410‌

410‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

INEOS

US

Petrochem

LLC

9.69%,

03/09/2029

(p)

524‌

524‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.25%

NIC

Acquisition

Corp

9.08%,

12/29/2027

(p)

483‌

397‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.75%

Nouryon

USA

LLC

8.83%,

04/03/2028

(p)

993‌

998‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

Tronox

Finance

LLC

8.09%,

05/04/2029

(p)

439‌

440‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Chemicals

(continued)

WR

Grace

Holdings

LLC

8.59%,

09/22/2028

(p)

$

237‌

$

238‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

$

15,268‌

Commercial

Services

-

0.83%

Allied

Universal

Holdco

LLC

9.19%,

05/12/2028

(p)

1,361‌

1,360‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

Anticimex

Global

AB

0.00%,

11/16/2028

(p),(q)

997‌

999‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

8.71%,

11/16/2028

(p)

773‌

777‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

Avis

Budget

Car

Rental

LLC

8.44%,

03/16/2029

(p)

127‌

127‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

AVSC

Holding

Corp

5.00%,

PIK

10.00%,

10/15/2026

(m),(p)

229‌

233‌

Belron

Finance

US

LLC

7.63%,

04/18/2029

(p)

233‌

233‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

7.77%,

10/30/2026

(p)

407‌

408‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.25%

Boost

Newco

Borrower

LLC

8.33%,

01/31/2031

(p)

1,934‌

1,935‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

Camelot

US

Acquisition

LLC

8.09%,

01/25/2031

(p)

1,077‌

1,077‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

Creative

Artists

Agency

LLC

8.59%,

11/27/2028

(p)

752‌

755‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

Driven

Brands

Holdings

Inc

8.46%,

12/17/2028

(p)

751‌

746‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

Element

Materials

Technology

Group

US

Holdings

Inc

9.68%,

07/06/2029

(p)

643‌

646‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.25%

Ensemble

RCM

LLC

8.25%,

08/01/2029

(p)

487‌

489‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.00%

Evertec

Group

LLC

8.59%,

10/12/2030

(p)

189‌

190‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

Garda

World

Security

Corp

10.04%,

02/01/2029

(p)

720‌

722‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.25%

KUEHG

Corp

9.83%,

06/12/2030

(p)

3,812‌

3,829‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.50%

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

66

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Commercial

Services

(continued)

Learning

Care

Group

US

No

2

Inc

9.29%,

08/11/2028

(p)

$

2,888‌

$

2,902‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.00%

Mister

Car

Wash

Holdings

Inc

8.34%,

03/21/2031

(p)

680‌

681‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

OMNIA

Partners

LLC

8.53%,

07/25/2030

(p)

534‌

535‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

PG

Polaris

BidCo

Sarl

8.83%,

02/24/2031

(p)

409‌

411‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

Prime

Security

Services

Borrower

LLC

7.58%,

10/13/2030

(p)

849‌

851‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

Spin

Holdco

Inc

9.60%,

03/01/2028

(p)

1,496‌

1,226‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.00%

VT

Topco

Inc

8.85%,

08/09/2030

(p)

80‌

80‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

Wand

NewCo

3

Inc

9.09%,

01/30/2031

(p)

415‌

416‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

WEX

Inc

7.34%,

03/31/2028

(p)

231‌

232‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.00%

WMB

Holdings

Inc

7.84%,

11/02/2029

(p)

297‌

298‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

XPLOR

T1

LLC

9.60%,

06/14/2031

(p)

235‌

236‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.25%

$

22,394‌

Computers

-

0.26%

Amentum

Government

Services

Holdings

LLC

9.35%,

02/15/2029

(p)

414‌

415‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

Amentum/Amazon

Holdco

Inc

0.00%,

07/30/2031

(p),(q)

765‌

767‌

Fortress

Intermediate

3

Inc

9.10%,

05/09/2031

(p)

725‌

725‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

9.10%,

05/09/2031

(p)

799‌

799‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

McAfee

Corp

8.59%,

03/01/2029

(p)

748‌

747‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

8.59%,

03/01/2029

(p)

788‌

786‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Computers

(continued)

NCR

Atleos

Corp

10.18%,

04/16/2029

(p)

$

248‌

$

251‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.75%

Peraton

Corp

9.19%,

02/01/2028

(p)

885‌

885‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

Perforce

Software

Inc

9.19%,

07/01/2026

(p)

658‌

655‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

10.09%,

03/25/2031

(p)

298‌

297‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.75%

Vision

Solutions

Inc

9.84%,

04/23/2028

(p)

552‌

532‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.00%

World

Wide

Technology

Holding

Co

LLC

8.19%,

03/01/2030

(p)

222‌

222‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

$

7,081‌

Consumer

Products

-

0.02%

Kronos

Acquisition

Holdings

Inc

8.66%,

06/27/2031

(p)

644‌

634‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

Distribution

&

Wholesale

-

0.26%

Core

&

Main

LP

7.34%,

07/27/2028

(p)

762‌

762‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.00%

Fastlane

Parent

Co

Inc

9.84%,

09/04/2028

(p)

298‌

297‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.50%

Gates

Corp/DE

7.59%,

06/04/2031

(p)

1,275‌

1,277‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

Infinite

Bidco

LLC

12.51%,

02/24/2029

(p)

4,850‌

4,058‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

7.00%

Windsor

Holdings

III

LLC

9.35%,

08/01/2030

(p)

680‌

684‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

$

7,078‌

Diversified

Financial

Services

-

0.10%

American

Express

/

GBT

US

III

LLC

0.00%,

07/18/2031

(p),(q)

414‌

414‌

Avolon

TLB

Borrower

1

US

LLC

7.34%,

06/22/2028

(p)

195‌

196‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.00%

Corpay

Technologies

Operating

Co

LLC

7.19%,

04/28/2028

(p)

761‌

761‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.75%

Grant

Thornton

Advisors

LLC

8.60%,

05/30/2031

(p)

850‌

851‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.25%

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

67

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Diversified

Financial

Services

(continued)

Kestra

Advisor

Services

Holdings

A

Inc

9.34%,

03/19/2031

(p)

$

511‌

$

512‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

Osaic

Holdings

Inc

9.34%,

08/17/2028

(p)

22‌

22‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

$

2,756‌

Electric

-

0.15%

PG&E

Corp

7.84%,

06/23/2027

(p)

320‌

321‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Talen

Energy

Supply

LLC

8.83%,

05/17/2030

(p)

1,572‌

1,588‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

8.83%,

05/17/2030

(p)

1,287‌

1,299‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

Vistra

Zero

Operating

Co

LLC

8.10%,

03/20/2031

(p)

938‌

943‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

$

4,151‌

Electronics

-

0.02%

Coherent

Corp

7.84%,

07/02/2029

(p)

193‌

193‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Ingram

Micro

Inc

8.60%,

06/30/2028

(p)

264‌

266‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.00%

$

459‌

Engineering

&

Construction

-

0.07%

Apple

Bidco

LLC

8.21%,

07/14/2028

(p)

231‌

231‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

8.84%,

09/22/2028

(p)

231‌

231‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

Brown

Group

Holding

LLC

8.09%,

07/02/2031

(p)

224‌

223‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

8.15%,

07/01/2031

(p)

769‌

768‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.75%

Centuri

Group

Inc

7.96%,

08/18/2028

(p)

301‌

301‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

$

1,754‌

Entertainment

-

0.53%

Allwyn

International

A.S.

0.00%,

05/30/2031

(p),(q)

520‌

519‌

AMC

Entertainment

Holdings

Inc

12.34%,

01/04/2029

(p)

682‌

673‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

7.00%

Caesars

Entertainment

Inc

8.10%,

01/24/2031

(p)

1,247‌

1,248‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.75%

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Entertainment

(continued)

Churchill

Downs

Inc

7.44%,

03/17/2028

(p)

$

831‌

$

832‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.00%

Cinemark

USA

Inc

8.59%,

05/24/2030

(p)

370‌

372‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

Crown

Finance

US

Inc

6.96%,

PIK

7.00%,

07/31/2028

(m),(p)

1,327‌

1,343‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

8.50%

Delta

2

Lux

Sarl

7.58%,

01/15/2030

(p)

585‌

587‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.25%

Entain

PLC

8.01%,

10/31/2029

(p)

775‌

775‌

CME

Term

Secured

Overnight

Financing

Rate

6

Month

+

2.75%

Everi

Holdings

Inc

7.96%,

06/30/2028

(p)

730‌

731‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Flutter

Financing

BV

7.18%,

11/15/2030

(p)

2,239‌

2,240‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.25%

Light

&

Wonder

International

Inc

7.59%,

04/14/2029

(p)

1,168‌

1,175‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

Lions

Gate

Capital

Holdings

LLC

7.69%,

03/24/2025

(p)

168‌

168‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

Merlin

Entertainment

8.83%,

11/12/2029

(p)

371‌

372‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

PCI

Gaming

Authority

7.34%,

06/06/2031

(p)

341‌

340‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.00%

Penn

Entertainment

Inc

8.19%,

05/03/2029

(p)

189‌

190‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

Scientific

Games

Holdings

LP

8.32%,

04/04/2029

(p)

815‌

813‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

SeaWorld

Parks

&

Entertainment

Inc

7.84%,

08/25/2028

(p)

654‌

653‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Six

Flags

Entertainment

Corp

7.34%,

04/18/2031

(p)

180‌

180‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.00%

William

Morris

Endeavor

Entertainment

LLC

8.21%,

05/16/2025

(p)

1,058‌

1,059‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

$

14,270‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

68

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Environmental

Control

-

0.11%

GFL

Environmental

Inc

7.32%,

06/27/2031

(p)

$

970‌

$

973‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.00%

Madison

IAQ

LLC

7.89%,

06/21/2028

(p)

339‌

340‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

Reworld

Holding

Corp

7.59%,

11/30/2028

(p)

20‌

20‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

7.84%,

11/30/2028

(p)

263‌

263‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Win

Waste

Innovations

Holdings

Inc

8.21%,

03/24/2028

(p)

1,569‌

1,459‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

$

3,055‌

Food

-

0.10%

8th

Avenue

Food

&

Provisions

Inc

9.21%,

10/01/2025

(p)

773‌

729‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

10.21%,

10/01/2025

(p)

90‌

85‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.75%

CHG

PPC

Parent

LLC

8.46%,

12/08/2028

(p)

231‌

231‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

Fiesta

Purchaser

Inc

9.34%,

01/31/2031

(p)

487‌

490‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

Froneri

US

Inc

7.69%,

01/31/2027

(p)

231‌

231‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

Heritage

Grocers

Group

LLC

12.18%,

08/01/2029

(p)

247‌

247‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

6.75%

US

Foods

Inc

7.34%,

11/22/2028

(p)

603‌

606‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.00%

7.46%,

09/14/2026

(p)

183‌

184‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.00%

$

2,803‌

Healthcare

-

Products

-

0.26%

Bausch

+

Lomb

Corp

8.70%,

05/10/2027

(p)

2,008‌

1,969‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

Curia

Global

Inc

9.18%,

08/28/2026

(p)

99‌

94‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.75%

ICU

Medical

Inc

7.98%,

12/15/2028

(p)

231‌

231‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.50%

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Healthcare

-

Products

(continued)

Insulet

Corp

8.34%,

05/04/2028

(p)

$

584‌

$

585‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

Medline

Borrower

LP

7.58%,

10/23/2028

(p)

117‌

117‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

8.09%,

10/23/2028

(p)

3,087‌

3,096‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

Resonetics

LLC

9.08%,

06/06/2031

(p)

273‌

274‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

Viant

Medical

Holdings

Inc

9.21%,

07/02/2025

(p)

730‌

723‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

$

7,089‌

Healthcare

-

Services

-

0.66%

ADMI

Corp

11.09%,

12/23/2027

(p)

299‌

299‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.75%

AHP

Health

Partners

Inc

8.71%,

08/24/2028

(p)

319‌

320‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

Aveanna

Healthcare

LLC

9.20%,

07/17/2028

(p)

2,813‌

2,687‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.75%

12.50%,

12/10/2029

(p)

1,720‌

1,570‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

7.00%

Concentra

Health

Services

Inc

0.00%,

06/26/2031

(p),(q)

375‌

375‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

Eyecare

Partners

LLC

0.00%,

PIK

12.18%,

11/30/2028

(m),(p)

506‌

94‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

6.75%

6.43%,

PIK

3.61%,

11/30/2028

(m),(p)

3,467‌

2,115‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.00%

Global

Medical

Response

Inc

10.00%,

PIK

0.75%,

10/31/2028

(m),(p)

1,244‌

1,213‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.75%

10.85%,

10/31/2028

(p)

2‌

2‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.25%

ICON

Luxembourg

Sarl

7.33%,

07/03/2028

(p)

155‌

156‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.00%

7.34%,

07/03/2028

(p)

39‌

39‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.00%

National

Mentor

Holdings

Inc

9.18%,

03/02/2028

(p)

28‌

27‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.75%

9.19%,

03/02/2028

(p)

994‌

935‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

69

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Healthcare

-

Services

(continued)

Pacific

Dental

Services

Inc

8.58%,

03/07/2031

(p)

$

642‌

$

644‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

Parexel

International

Inc

8.34%,

11/15/2028

(p)

1,935‌

1,942‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

Phoenix

Guarantor

Inc

8.59%,

02/14/2031

(p)

1,115‌

1,115‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

Select

Medical

Corp

8.34%,

03/06/2027

(p)

321‌

320‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

Sound

Inpatient

Physicians

Inc

0.00%,

PIK

12.35%,

06/28/2029

(m),(p)

2,902‌

878‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

6.75%

Star

Parent

Inc

9.08%,

09/27/2030

(p)

826‌

827‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.00%

Surgery

Center

Holdings

Inc

0.00%,

12/19/2030

(p),(q)

2,000‌

2,004‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

Team

Health

Holdings

Inc

10.58%,

03/02/2027

(p)

300‌

281‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

5.25%

$

17,843‌

Home

Furnishings

-

0.11%

AI

Aqua

Merger

Sub

Inc

8.84%,

07/30/2028

(p)

1,274‌

1,277‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

9.59%,

07/31/2028

(p)

50‌

50‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.25%

MillerKnoll

Inc

7.46%,

07/19/2028

(p)

762‌

759‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.00%

Weber-Stephen

Products

LLC

0.00%,

10/30/2027

(p),(q)

94‌

87‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.25%

8.71%,

10/30/2027

(p)

872‌

804‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

$

2,977‌

Insurance

-

1.19%

Acrisure

LLC

8.34%,

02/15/2027

(p)

586‌

585‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

Alliant

Holdings

Intermediate

LLC

8.85%,

11/06/2030

(p)

1,396‌

1,401‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

AmWINS

Group

Inc

7.71%,

02/21/2028

(p)

79‌

79‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Insurance

(continued)

AssuredPartners

Inc

8.84%,

02/08/2031

(p)

$

948‌

$

951‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

Asurion

LLC

8.71%,

12/23/2026

(p)

1,648‌

1,641‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

8.71%,

07/31/2027

(p)

164‌

162‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

9.69%,

08/19/2028

(p)

208‌

207‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.25%

10.71%,

01/31/2028

(p)

7,350‌

6,806‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.25%

10.71%,

01/20/2029

(p)

4,510‌

4,132‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.25%

10.71%,

01/20/2029

(p)

1,950‌

1,786‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.25%

BroadStreet

Partners

Inc

8.59%,

06/14/2031

(p)

2,254‌

2,257‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

HUB

International

Ltd

8.53%,

06/20/2030

(p)

2,251‌

2,253‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

Ryan

Specialty

LLC

8.09%,

09/01/2027

(p)

815‌

817‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

Sedgwick

Claims

Management

Services

Inc

0.00%,

06/27/2031

(p),(q)

1,310‌

1,312‌

9.09%,

02/24/2028

(p)

1,274‌

1,275‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

Truist

Insurance

Holdings

LLC

8.58%,

03/24/2031

(p)

1,680‌

1,683‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.25%

10.08%,

03/08/2032

(p)

2,750‌

2,822‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.75%

USI

Inc/NY

8.08%,

11/22/2029

(p)

1,452‌

1,454‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

8.08%,

09/27/2030

(p)

357‌

358‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.75%

$

31,981‌

Internet

-

0.62%

Arches

Buyer

Inc

8.74%,

12/06/2027

(p)

3,250‌

3,105‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

CNT

Holdings

I

Corp

8.83%,

11/08/2027

(p)

920‌

923‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

Gen

Digital

Inc

7.09%,

09/12/2029

(p)

372‌

371‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.75%

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

70

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Internet

(continued)

MH

Sub

I

LLC

11.50%,

02/12/2029

(p)

$

7,550‌

$

7,482‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.25%

Proofpoint

Inc

8.34%,

08/31/2028

(p)

672‌

673‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

Ten-X

LLC

11.16%,

05/26/2028

(p)

3,000‌

2,878‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.00%

Uber

Technologies

Inc

8.09%,

03/03/2030

(p)

1,242‌

1,248‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.75%

$

16,680‌

Investment

Companies

-

0.28%

Aragorn

Parent

Corp

9.60%,

12/15/2028

(p)

129‌

130‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.25%

Nexus

Buyer

LLC

0.00%,

07/18/2031

(p),(q)

700‌

691‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

11.69%,

11/05/2029

(p)

6,600‌

6,577‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.25%

$

7,398‌

Leisure

Products

&

Services

-

0.19%

Alterra

Mountain

Co

8.59%,

08/17/2028

(p)

726‌

728‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

Amer

Sports

Co

8.57%,

02/07/2031

(p)

100‌

99‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.25%

Carnival

Corp

8.09%,

08/08/2027

(p)

317‌

319‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

8.09%,

10/18/2028

(p)

255‌

257‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

ClubCorp

Holdings

Inc

10.60%,

09/18/2026

(p)

1,694‌

1,704‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

5.00%

Hayward

Industries

Inc

8.21%,

05/28/2028

(p)

405‌

405‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

SRAM

LLC

8.38%,

05/18/2028

(p)

344‌

345‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

Topgolf

Callaway

Brands

Corp

8.34%,

03/16/2030

(p)

237‌

238‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

Varsity

Brands

Inc

0.00%,

07/25/2031

(p),(q)

425‌

422‌

0.00%,

07/25/2031

(p),(q)

460‌

457‌

$

4,974‌

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Lodging

-

0.09%

Fertitta

Entertainment

LLC/NV

8.42%,

01/13/2029

(p)

$

1,719‌

$

1,723‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

Hilton

Domestic

Operating

Co

Inc

7.10%,

11/08/2030

(p)

375‌

376‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.75%

Hilton

Grand

Vacations

Borrower

LLC

8.09%,

01/10/2031

(p)

409‌

409‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

$

2,508‌

Machinery

-

Diversified

-

0.89%

Chart

Industries

Inc

7.82%,

03/15/2030

(p)

187‌

187‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.50%

Engineered

Machinery

Holdings

Inc

11.60%,

05/21/2029

(p)

19,333‌

19,237‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

6.00%

Titan

Acquisition

Ltd/Canada

10.33%,

02/01/2029

(p)

496‌

497‌

CME

Term

Secured

Overnight

Financing

Rate

6

Month

+

5.00%

TK

Elevator

US

Newco

Inc

8.79%,

04/30/2030

(p)

821‌

825‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

8.79%,

04/30/2030

(p)

1,837‌

1,846‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

Victory

Buyer

LLC

9.34%,

11/18/2028

(p)

1,367‌

1,306‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.75%

$

23,898‌

Media

-

0.25%

Cengage

Learning

Inc

9.54%,

03/18/2031

(p)

872‌

875‌

CME

Term

Secured

Overnight

Financing

Rate

6

Month

+

4.25%

Century

DE

Buyer

LLC

9.26%,

09/27/2030

(p)

499‌

501‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.00%

Directv

Financing

LLC

10.46%,

08/02/2027

(p)

402‌

403‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.00%

Fleet

Midco

US

8.59%,

01/23/2031

(p)

185‌

185‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

iHeartCommunications

Inc

8.46%,

05/01/2026

(p)

220‌

185‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

8.71%,

05/01/2026

(p)

209‌

173‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

McGraw-Hill

Education

Inc

10.35%,

07/28/2028

(p)

834‌

835‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.75%

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

71

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Media

(continued)

NEP

Group

Inc

8.71%,

PIK

1.50%,

08/19/2026

(m),(p)

$

843‌

$

791‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

Nexstar

Media

Inc

7.96%,

09/18/2026

(p)

304‌

305‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Sunrise

Financing

Partnership

8.44%,

01/31/2029

(p)

615‌

612‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

Virgin

Media

Bristol

LLC

7.94%,

01/31/2028

(p)

110‌

106‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

8.66%,

03/31/2031

(p)

402‌

383‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

8.69%,

01/31/2029

(p)

150‌

144‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

Ziggo

Financing

Partnership

7.94%,

04/28/2028

(p)

1,308‌

1,285‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

$

6,783‌

Mining

-

0.17%

Arctic

Canadian

Diamond

Co

Ltd

10.00%,

12/31/2027

(e),(p)

4,510‌

4,510‌

Arsenal

AIC

Parent

LLC

9.09%,

08/18/2030

(p)

104‌

105‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

$

4,615‌

Oil

&

Gas

-

0.03%

Gulf

Finance

LLC

11.69%,

08/25/2026

(p)

690‌

691‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.25%

Packaging

&

Containers

-

0.35%

Berlin

Packaging

LLC

9.09%,

06/07/2031

(p)

520‌

522‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

Clydesdale

Acquisition

Holdings

Inc

9.12%,

04/13/2029

(p)

1,027‌

1,028‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

Klockner

Pentaplast

of

America

Inc

10.27%,

02/12/2026

(p)

710‌

665‌

CME

Term

Secured

Overnight

Financing

Rate

6

Month

+

4.75%

LABL

Inc

10.45%,

10/27/2028

(p)

4,259‌

4,117‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.00%

10.45%,

10/27/2028

(p)

688‌

666‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.00%

Pactiv

Evergreen

Group

Holdings

Inc

7.84%,

09/24/2028

(p)

572‌

573‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Proampac

PG

Borrower

LLC

9.31%,

09/15/2028

(p)

713‌

714‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Packaging

&

Containers

(continued)

SupplyOne

Inc

9.59%,

03/27/2031

(p)

$

464‌

$

466‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.25%

TricorBraun

Holdings

Inc

8.71%,

03/03/2028

(p)

703‌

700‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

$

9,451‌

Pharmaceuticals

-

0.36%

Amneal

Pharmaceuticals

LLC

10.84%,

05/04/2028

(p)

227‌

229‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.50%

Barentz

International

BV

9.43%,

03/03/2031

(p)

316‌

318‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.00%

Gainwell

Acquisition

Corp

9.43%,

10/01/2027

(p)

219‌

194‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.00%

Jazz

Financing

Lux

Sarl

7.59%,

05/05/2028

(p)

2,697‌

2,700‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

Organon

&

Co

7.83%,

05/14/2031

(p)

945‌

949‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Packaging

Coordinators

Midco

Inc

8.58%,

11/30/2027

(p)

4,160‌

4,174‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

8.58%,

11/30/2027

(p)

140‌

141‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

Perrigo

Investments

LLC

7.69%,

04/20/2029

(p)

260‌

260‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

Sharp

Services

LLC

9.08%,

12/31/2028

(p)

580‌

583‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

$

9,548‌

Pipelines

-

0.12%

Freeport

LNG

Investments

LLLP

7.92%,

12/21/2028

(p)

657‌

653‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

8.54%,

11/17/2026

(p)

1,344‌

1,337‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.00%

Oryx

Midstream

Services

Permian

Basin

LLC

8.44%,

10/05/2028

(p)

202‌

203‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

TransMontaigne

Operating

Co

LP

8.96%,

11/17/2028

(p)

408‌

409‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

Traverse

Midstream

Partners

LLC

8.83%,

02/16/2028

(p)

501‌

502‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

$

3,104‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

72

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Real

Estate

-

0.06%

CoreLogic

Inc

0.00%,

04/14/2028

(p),(q)

$

623‌

$

613‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

Cushman

&

Wakefield

US

Borrower

LLC

8.20%,

08/21/2025

(p)

10‌

9‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

8.34%,

01/31/2030

(p)

506‌

506‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

9.09%,

01/31/2030

(p)

374‌

375‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

$

1,503‌

Retail

-

0.23%

1011778

BC

ULC

7.09%,

09/20/2030

(p)

685‌

681‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.75%

EG

America

LLC

0.00%,

02/07/2028

(p),(q)

368‌

367‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.50%

IRB

Holding

Corp

8.19%,

12/15/2027

(p)

1,258‌

1,258‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

Johnstone

Supply

LLC

8.33%,

05/16/2031

(p)

415‌

416‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

Kodiak

BP

LLC

9.08%,

03/17/2028

(p)

140‌

140‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.75%

LBM

Acquisition

LLC

9.18%,

05/30/2031

(p)

470‌

452‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

9.19%,

12/09/2027

(p)

140‌

138‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

LS

Group

OpCo

Acquistion

LLC

8.34%,

04/23/2031

(p)

199‌

199‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

PetSmart

LLC

9.19%,

02/11/2028

(p)

1,413‌

1,400‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

RH

7.96%,

10/20/2028

(p)

264‌

249‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Whatabrands

LLC

8.09%,

08/03/2028

(p)

746‌

747‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

$

6,047‌

Semiconductors

-

0.15%

Altar

Bidco

Inc

10.40%,

02/01/2030

(p)

3,570‌

3,490‌

CME

Term

Secured

Overnight

Financing

Rate

6

Month

+

5.60%

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Semiconductors

(continued)

Synaptics

Inc

7.85%,

10/20/2028

(p)

$

230‌

$

229‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.25%

Ultra

Clean

Holdings

Inc

8.84%,

02/28/2028

(p)

186‌

187‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

$

3,906‌

Software

-

1.71%

Applied

Systems

Inc

10.58%,

02/06/2032

(p)

2,700‌

2,796‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

5.25%

Avaya

Inc

12.84%,

PIK

0.00%,

07/31/2028

(m),(p)

1,752‌

1,576‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

7.50%

Azalea

Topco

Inc

8.84%,

04/24/2031

(p)

509‌

508‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

Boxer

Parent

Co

Inc

9.34%,

12/02/2028

(p)

1,344‌

1,338‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.25%

Capstone

Borrower

Inc

8.58%,

06/17/2030

(p)

242‌

242‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.25%

Cast

&

Crew

LLC

9.09%,

12/29/2028

(p)

1,596‌

1,598‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

CCC

Intelligent

Solutions

Inc

7.71%,

09/21/2028

(p)

136‌

136‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

Central

Parent

LLC

0.00%,

07/06/2029

(p),(q)

500‌

495‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.25%

Ceridian

HCM

Holding

Inc

7.84%,

02/26/2031

(p)

322‌

322‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Cloudera

Inc

11.26%,

10/08/2029

(p)

1,490‌

1,387‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.00%

Cotiviti

Inc

8.59%,

02/21/2031

(p)

963‌

966‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

Darktrace

PLC

0.00%,

07/02/2031

(p),(q)

2,050‌

2,022‌

0.00%,

07/02/2031

(p),(q)

1,200‌

1,183‌

0.00%,

07/02/2032

(p),(q)

3,700‌

3,663‌

DS

Admiral

Bidco

LLC

9.59%,

06/17/2031

(p)

375‌

366‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.25%

DTI

Holdco

Inc

9.93%,

04/26/2029

(p)

349‌

349‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.75%

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

73

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Software

(continued)

Dun

&

Bradstreet

Corp/The

8.10%,

01/18/2029

(p)

$

739‌

$

741‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

Ellucian

Holdings

Inc

8.94%,

10/07/2029

(p)

944‌

951‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

EP

Purchaser

LLC

0.00%,

11/06/2028

(p),(q)

1,347‌

1,349‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

Epicor

Software

Corp

8.59%,

05/23/2031

(p)

1,728‌

1,739‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

Genesys

Cloud

Services

Holdings

II

LLC

8.86%,

12/01/2027

(p)

1,687‌

1,695‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

9.21%,

12/01/2027

(p)

75‌

75‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

IGT

Holding

IV

AB

8.97%,

03/31/2028

(p)

406‌

406‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.40%

Informatica

LLC

7.59%,

10/27/2028

(p)

1,145‌

1,148‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

Instructure

Holdings

Inc

8.35%,

10/30/2028

(p)

456‌

457‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.75%

Isolved

Inc

8.84%,

10/15/2030

(p)

443‌

444‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

Loyalty

Ventures

Inc

0.00%,

11/03/2027

(d),(p)

1,608‌

12‌

Marcel

Bidco

LLC

9.31%,

11/11/2030

(p)

284‌

286‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

Mitchell

International

Inc

8.59%,

06/17/2031

(p)

1,011‌

999‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

Modena

Buyer

LLC

9.83%,

04/18/2031

(p)

1,200‌

1,154‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.50%

Open

Text

Corp

7.59%,

01/31/2030

(p)

1,454‌

1,461‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.25%

Quartz

Acquireco

LLC

8.08%,

06/28/2030

(p)

397‌

398‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.75%

Rackspace

Finance

LLC

8.20%,

05/15/2028

(p)

1,357‌

603‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

11.70%,

05/15/2028

(p)

551‌

557‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.25%

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Software

(continued)

Riverbed

Technology

7.84%,

PIK

2.00%,

07/01/2028

(m),(p)

$

529‌

$

323‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.50%

Rocket

Software

Inc

10.09%,

11/28/2028

(p)

949‌

952‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.75%

Skopima

Consilio

Parent

LLC

12.96%,

05/14/2029

(p)

4,760‌

4,700‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

7.50%

SS&C

Technologies

Inc

8.86%,

05/02/2031

(p)

332‌

333‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.00%

UKG

Inc

8.55%,

01/30/2031

(p)

1,550‌

1,554‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

8.55%,

01/30/2031

(p)

2,284‌

2,290‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

VS

Buyer

LLC

8.58%,

04/03/2031

(p)

565‌

567‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

West

Technology

Group

LLC

9.58%,

04/09/2027

(p)

966‌

932‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.00%

Zelis

Payments

Buyer

Inc

8.09%,

09/28/2029

(p)

847‌

848‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

$

45,921‌

Telecommunications

-

0.47%

Altice

Financing

SA

8.31%,

01/31/2026

(p)

486‌

451‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.75%

Altice

France

SA

9.25%,

01/31/2026

(p)

296‌

244‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.69%

9.58%,

08/14/2026

(p)

1,088‌

870‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

Cincinnati

Bell

Inc

8.69%,

11/23/2028

(p)

974‌

971‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

CommScope

LLC

8.71%,

04/06/2026

(p)

1,374‌

1,284‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

Cyborg

Oldco

DC

Holdings

Inc

0.00%,

05/01/2024

(d),(p)

454‌

1‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

Delta

Topco

Inc

9.45%,

12/24/2029

(p)

1,382‌

1,383‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

Digicel

International

Finance

Ltd

0.00%,

05/25/2027

(p),(q)

310‌

299‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.15%

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

74

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Telecommunications

(continued)

EOS

US

Finco

LLC

11.26%,

10/06/2029

(p)

$

343‌

$

278‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

5.75%

Frontier

Communications

Holdings

LLC

8.76%,

06/20/2031

(p)

1,947‌

1,958‌

CME

Term

Secured

Overnight

Financing

Rate

6

Month

+

3.50%

Level

3

Financing

Inc

11.91%,

04/15/2029

(p)

1,513‌

1,499‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.56%

11.91%,

04/15/2030

(p)

881‌

869‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.56%

MLN

US

Holdco

LLC

9.95%,

11/30/2025

(p)

824‌

41‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.50%

12.08%,

10/18/2027

(p)

537‌

79‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

6.80%

Syniverse

Holdings

LLC/DE

12.33%,

05/13/2027

(p)

1,091‌

1,064‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

7.00%

Zayo

Group

Holdings

Inc

8.46%,

03/09/2027

(p)

1,630‌

1,454‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.00%

$

12,745‌

Transportation

-

0.14%

Clue

Opco

LLC

9.83%,

12/19/2030

(p)

172‌

158‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.50%

Lasership

Inc

13.10%,

04/30/2029

(p)

4,990‌

3,364‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

7.50%

PODS

LLC

8.59%,

03/31/2028

(p)

110‌

103‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.00%

$

3,625‌

TOTAL

SENIOR

FLOATING

RATE

INTERESTS

$

327,101‌

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

-

9.19%

Principal

Amount

(000's)

Value

(000's)

Federal

National

Mortgage

Association

(FNMA)/Federal

Home

Loan

Mortgage

Corporation

(FHLMC)

Uniform

Mortgage-Backed

Security

-

5.23%

2.00%,

07/01/2041

$

1,515‌

$

1,302‌

2.00%,

02/01/2051

2,021‌

1,638‌

2.00%,

03/01/2051

4,927‌

3,980‌

2.00%,

07/01/2051

5,812‌

4,685‌

2.00%,

09/01/2051

6,246‌

5,035‌

2.00%,

11/01/2051

4,932‌

4,035‌

2.00%,

12/01/2051

2,475‌

2,019‌

2.00%,

02/01/2052

3,263‌

2,701‌

2.00%,

03/01/2052

1,924‌

1,564‌

2.50%,

02/01/2051

562‌

477‌

2.50%,

07/01/2051

854‌

724‌

2.50%,

09/01/2051

2,021‌

1,714‌

2.50%,

11/01/2051

542‌

462‌

2.50%,

12/01/2051

3,411‌

2,901‌

2.50%,

12/01/2051

4,675‌

3,998‌

2.50%,

12/01/2051

4,249‌

3,604‌

2.50%,

01/01/2052

2,121‌

1,808‌

2.50%,

01/01/2052

3,517‌

2,982‌

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Federal

National

Mortgage

Association

(FNMA)/Federal

Home

Loan

Mortgage

Corporation

(FHLMC)

Uniform

Mortgage-Backed

Security

(continued)

2.50%,

03/01/2052

$

1,058‌

$

902‌

3.00%,

07/01/2037

907‌

854‌

3.00%,

08/01/2042

1,201‌

1,090‌

3.00%,

03/01/2052

4,258‌

3,743‌

3.00%,

03/01/2052

5,010‌

4,437‌

3.00%,

05/01/2052

4,384‌

3,851‌

3.50%,

05/01/2052

4,278‌

3,911‌

3.50%,

05/01/2052

2,862‌

2,612‌

3.50%,

06/01/2052

4,850‌

4,423‌

4.00%,

04/01/2052

771‌

722‌

4.00%,

07/01/2052

1,012‌

957‌

4.00%,

08/01/2052

3,340‌

3,146‌

4.00%,

10/01/2052

1,299‌

1,224‌

4.00%,

03/01/2053

3,869‌

3,647‌

4.50%,

09/01/2052

1,968‌

1,915‌

4.50%,

10/01/2052

2,210‌

2,161‌

4.50%,

02/01/2053

2,511‌

2,433‌

5.00%,

07/01/2052

2,616‌

2,602‌

5.00%,

06/01/2053

4,338‌

4,298‌

5.00%,

06/01/2053

2,235‌

2,219‌

5.00%,

08/01/2054

(r)

1,985‌

1,955‌

5.50%,

02/01/2053

3,194‌

3,224‌

5.50%,

07/01/2053

1,419‌

1,433‌

5.50%,

11/01/2053

1,914‌

1,929‌

5.50%,

11/01/2053

1,681‌

1,693‌

5.50%,

06/01/2054

1,473‌

1,479‌

5.50%,

08/01/2054

(r)

8,025‌

8,038‌

6.00%,

08/01/2054

(r)

17,060‌

17,302‌

6.50%,

08/01/2054

(r)

6,350‌

6,512‌

$

140,341‌

Government

National

Mortgage

Association

(GNMA)

-

2.04

%

2.00%,

01/20/2051

1,350‌

1,119‌

2.00%,

07/20/2051

2,796‌

2,318‌

2.50%,

04/20/2051

2,170‌

1,867‌

2.50%,

09/20/2051

2,259‌

1,944‌

3.00%,

07/20/2051

3,224‌

2,880‌

3.00%,

09/20/2051

975‌

870‌

3.50%,

09/20/2047

1,926‌

1,788‌

3.50%,

03/20/2048

2,070‌

1,922‌

3.50%,

08/20/2048

1,343‌

1,247‌

4.00%,

03/20/2049

3,125‌

2,981‌

4.00%,

03/20/2050

639‌

610‌

4.50%,

05/20/2048

2,477‌

2,432‌

5.00%,

12/20/2052

1,346‌

1,334‌

5.00%,

01/20/2053

2,847‌

2,820‌

5.00%,

02/20/2053

1,144‌

1,134‌

5.00%,

08/20/2054

(r)

6,050‌

5,983‌

5.50%,

03/20/2053

1,121‌

1,125‌

5.50%,

08/20/2054

(r)

8,150‌

8,174‌

6.00%,

08/20/2054

(r)

9,375‌

9,485‌

6.50%,

08/20/2054

(r)

2,650‌

2,699‌

$

54,732‌

U.S.

Treasury

-

1.28%

1.88%,

11/15/2051

2,014‌

1,209‌

2.25%,

02/15/2052

1,268‌

835‌

2.75%,

11/15/2042

962‌

761‌

2.88%,

05/15/2052

4,692‌

3,553‌

3.25%,

05/15/2042

1,522‌

1,306‌

3.63%,

02/15/2053

2,126‌

1,867‌

4.25%,

02/15/2054

1,590‌

1,564‌

4.38%,

05/15/2034

1,845‌

1,892‌

4.50%,

05/31/2029

345‌

354‌

4.63%,

05/15/2044

890‌

914‌

4.75%,

11/15/2053

244‌

261‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

75

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

U.S.

Treasury

(continued)

5.46%,

01/31/2026

(s),(t)

$

20,000‌

$

20,032‌

US

Treasury

3

Month

Bill

Money

Market

Yield

+

0.25%

$

34,548‌

U.S.

Treasury

Bill

-

0.64%

5.28%,

09/12/2024

(u)

6,625‌

6,584‌

5.29%,

10/29/2024

(u)

7,550‌

7,454‌

5.33%,

09/24/2024

(u)

3,100‌

3,076‌

$

17,114‌

TOTAL

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

$

246,735‌

REPURCHASE

AGREEMENTS

-

1.12%

Maturity

Amount

(000's)

Value

(000's)

Banks

-

1.12%

Daiwa

Securities

Repurchase

Agreement;

5.35%

traded

07/31/2024

maturing

08/01/2024

(collateralized

by

United

States

Treasury

Note/

Bond;

$30,673,976;

5.35%;

dated

10/31/2028)

$

30,077‌

$

30,073‌

TOTAL

REPURCHASE

AGREEMENTS

$

30,073‌

TOTAL

PURCHASED

CREDIT

DEFAULT

SWAPTIONS

-

0.00%

$

45‌

Total

Investments

$

2,774,011‌

Other

Assets

and

Liabilities

-  (3.34)%

(89,697‌)

TOTAL

NET

ASSETS

-

100.00%

$

2,684,314‌

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$26,237

or

0.98%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Non-income

producing

security

(e)

The

value

of

these

investments

was

determined

using

significant

unobservable

inputs,

in

good

faith

by

the

Manager,

under

procedures

established

and

periodically

reviewed

by

the

Board

of

Directors.

(f)

Restricted

Security.

Please

see

Restricted

Securities

sub-schedule

for

additional

information.

(g)

Perpetual

security.

Perpetual

securities

pay

an

indefinite

stream

of

interest,

but

they

may

be

called

by

the

issuer

at

an

earlier

date.

Date

shown,

if

any,

reflects

the

next

call

date

or

final

legal

maturity

date.

Rate

shown

is

as

of

period

end.

(h)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$777,025

or

28.95%

of

net

assets.

(i)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$21,518

or

0.80%

of

net

assets.

(j)

Security

purchased

on

a

when-issued

basis.

(k)

Rate

shown

is

as

of

period

end.

The

rate

may

be

a

variable

or

floating

rate

or

a

fixed

rate

which

may

convert

to

a

variable

or

floating

rate

in

the

future.

(l)

Certain

variable

rate

securities

are

not

based

on

a

published

reference

rate

and

spread

but

are

determined

by

the

issuer

or

agent

and

are

based

on

current

market

conditions.  These

securities

do

not

indicate

a

reference

rate

and

spread

in

their

description.

Rate

shown

is

the

rate

in

effect

as

of

period

end.

(m)

Payment

in

kind;

the

issuer

has

the

option

of

paying

additional

securities

in

lieu

of

cash.

(n)

Security

is

a

contingent

convertible

security,

("CoCo").

CoCo's

are

hybrid

debt

securities

that

may

convert

to

equity

or

have

their

principal

written

down

upon

occurrence

of

certain

"triggers".

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$50,019

or

1.86%

of

net

assets.

(o)

Security

is

an

Interest

Only

Strip.

(p)

Rate

information

disclosed

is

based

on

an

average

weighted

rate

of

the

underlying

tranches

as

of

period

end.

(q)

This

Senior

Floating

Rate

Note

will

settle

after

July

31,

2024,

at

which

time

the

interest

rate

will

be

determined.

(r)

Security

was

purchased

in

a

"to-be-announced"

("TBA")

transaction.

(s)

Security

or

a

portion

of

the

security

was

pledged

to

cover

margin

requirements

for

futures

contracts.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$545

or

0.02%

of

net

assets.

(t)

Security

or

a

portion

of

the

security

was

pledged

to

cover

margin

requirements

for

swap

and/or

swaption

contracts.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$140

or

0.01%

of

net

assets.

(u)

Rate

shown

is

the

discount

rate

of

the

original

purchase.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

85,777‌

$

1,518,046‌

$

1,507,977‌

$

95,846‌

$

85,777‌

$

1,518,046‌

$

1,507,977‌

$

95,846‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

2,650‌

$

—‌

$

—‌

$

—‌

$

2,650‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Restricted

Securities

Security

Name

Acquisition

Date

Cost

Value

Percent

of

Net

Assets

Arctic

Canadian

Diamond

Co

Ltd

02/03/2021

$

—‌

$

1,571‌

0.06%

High

Ridge

Brands

-

Escrow  

0.00%,

03/15/2025

12/29/2020

14,671‌

—‌

0.00%

Material

Sciences

Corp  

13.06%,

PIK

13.06%,

07/09/2026

12/22/2016-06/28/2024

22,519‌

22,211‌

0.83%

Specialty

Steel  

15.29%,

11/15/2026

02/15/2024

38,772‌

38,772‌

1.44%

SportsNet

New

York  

10.25%,

01/15/2025

12/27/2017

19,789‌

19,128‌

0.71%

Total

$

81,682‌

3.04%

Amounts

in

thousands.

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

76

Credit

Default

Swaptions

Purchased

Swaptions

Outstanding

Counterparty

Paid

by

the

Fund

Received

by

the

Fund

Notional

Amount

Exercise

Rate

Expiration

Date

Upfront

Payments

Fair

Value

Unrealized

Appreciation/

(Depreciation)

Put

-

5

Year

Credit

Default

Swap

JPMorgan

Chase

5.00%

CDX.NA.HY.42

$

1,115‌

107.00%

09/19/2024

$

10‌

$

11‌

$

1‌

Put

-

5

Year

Credit

Default

Swap

JPMorgan

Chase

5.00%

CDX.NA.HY.42

3,760‌

105.50%

10/17/2024

28‌

27‌

(1‌)

Put

-

5

Year

Credit

Default

Swap

Morgan

Stanley

&

Co

5.00%

CDX.NA.HY.42

1,490‌

106.75%

08/22/2024

11‌

7‌

(4‌)

Total

$

49‌

$

45‌

$

(4‌)

Written

Swaptions

Outstanding

Counterparty

Paid

by

the

Fund

Received

by

the

Fund

Notional

Amount

Exercise

Rate

Expiration

Date

Upfront

Receipts

Fair

Value

Unrealized

Appreciation/

(Depreciation)

Put

-

5

Year

Credit

Default

Swap

JPMorgan

Chase

CDX.NA.HY.42

5.00%

$

1,115‌

102.50%

09/19/2024

$

(1‌)

$

(1‌)

$

–‌

Put

-

5

Year

Credit

Default

Swap

JPMorgan

Chase

CDX.NA.HY.42

5.00%

3,760‌

103.00%

10/17/2024

(11‌)

(10‌)

1‌

Put

-

5

Year

Credit

Default

Swap

Morgan

Stanley

&

Co

CDX.NA.HY.42

5.00%

1,490‌

102.00%

08/22/2024

(1‌)

(1‌)

–‌

Total

$

(13‌)

$

(12‌)

$

1‌

Amounts

in

thousands.

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

US

10

Year

Note;

September

2024

Short

30‌

$

3,354‌

$

(97‌)

US

10

Year

Note;

September

2024

Long

140‌

15,653‌

423‌

US

10

Year

Ultra

Note;

September

2024

Long

26‌

3,005‌

69‌

US

2

Year

Note;

September

2024

Long

127‌

26,082‌

181‌

US

5

Year

Note;

September

2024

Short

135‌

14,565‌

(255‌)

US

Long

Bond;

September

2024

Long

5‌

604‌

25‌

US

Ultra

Bond;

September

2024

Long

1‌

128‌

2‌

Total

$

348‌

Amounts

in

thousands

except

contracts.

Foreign

Currency

Contracts

Unrealized

Appreciation/(Depreciation)

Counterparty

Settlement

Date

Currency

to

Accept

Currency

to

Deliver

Asset

Liability

Bank

of

New

York

Mellon

08/20/2024

$

2,808‌

EUR

2,572‌

$

22‌

$

—‌

Citigroup

Inc

08/15/2024

EUR

2,550‌

$

2,792‌

—‌

(31‌)

Citigroup

Inc

08/23/2024

COP

14,700,000‌

$

3,656‌

—‌

(35‌)

Citigroup

Inc

08/23/2024

TRY

77,800‌

$

2,170‌

122‌

—‌

Citigroup

Inc

08/23/2024

$

4,186‌

BRL

23,500‌

40‌

—‌

Citigroup

Inc

08/23/2024

$

3,651‌

COP

14,700,000‌

30‌

—‌

Citigroup

Inc

08/23/2024

$

3,515‌

TRY

119,840‌

—‌

(16‌)

HSBC

Securities

Inc

08/15/2024

EUR

1,925‌

$

2,094‌

—‌

(8‌)

HSBC

Securities

Inc

08/15/2024

$

21,329‌

EUR

19,675‌

23‌

—‌

HSBC

Securities

Inc

08/23/2024

$

6,219‌

PEN

23,350‌

—‌

(49‌)

JPMorgan

Chase

08/15/2024

EUR

25‌

$

27‌

—‌

—‌

JPMorgan

Chase

08/15/2024

$

2,504‌

EUR

2,300‌

13‌

—‌

JPMorgan

Chase

08/23/2024

TRY

77,800‌

$

2,128‌

165‌

—‌

JPMorgan

Chase

08/23/2024

$

2,936‌

ZAR

53,800‌

—‌

(14‌)

Total

$

415‌

$

(153‌)

Amounts

in

thousands.

Credit

Default

Swaps

Buy

Protection

Counterparty

Reference

Entity

Implied

Credit

Spread

as

of

July

31,

2024

(a)

(Pay)/

Receive

Fixed

Rate

Payment

Frequency

Maturity

Date

Notional

Amount

Upfront

Payments/

(Receipts)

Unrealized

Appreciation/

(Depreciation)

Fair

Value

Asset

----

Liability

Goldman

Sachs

&

Co

CMBX.NA.13.AA

N/A

(1.50)%

Monthly

12/16/2072

$

2,000‌

$

78‌

$

(19‌)

$

58‌

$

—‌

Goldman

Sachs

&

Co

CMBX.NA.15.A

N/A

(2.00)%

Monthly

11/18/2064

1,000‌

84‌

(16‌)

68‌

—‌

Goldman

Sachs

&

Co

CMBX.NA.BBB-

N/A

(3.00)%

Monthly

11/18/2064

1,000‌

158‌

(4‌)

154‌

—‌

Morgan

Stanley

&

Co

CMBX.NA.15.A

N/A

(2.00)%

Monthly

11/18/2064

1,000‌

64‌

3‌

68‌

—‌

Morgan

Stanley

&

Co

CMBX.NA.15.A

N/A

(2.00)%

Monthly

11/18/2064

440‌

27‌

3‌

30‌

—‌

Morgan

Stanley

&

Co

CMBX.NA.8.A

N/A

(2.00)%

Monthly

10/17/2057

1,000‌

23‌

(14‌)

9‌

—‌

Morgan

Stanley

&

Co

CMBX.NA.9.BBB

N/A

(3.00)%

Monthly

09/17/2058

1,000‌

158‌

(1‌)

157‌

—‌

Morgan

Stanley

&

Co

CMBX.NA.BBB-

N/A

(3.00)%

Monthly

11/18/2064

500‌

71‌

6‌

77‌

—‌

Total

$

663‌

$

(42‌)

$

621‌

$

—‌

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

77

Credit

Default

Swaps

(continued)

Sell

Protection

Counterparty

Reference

Entity

Implied

Credit

Spread

as

of

July

31,

2024

(a)

(Pay)/

Receive

Fixed

Rate

Payment

Frequency

Maturity

Date

Notional

Amount

(b)

Upfront

Payments/

(Receipts)

Unrealized

Appreciation/

(Depreciation)

Fair

Value

Asset

----

Liability

(c)

Goldman

Sachs

&

Co

CMBX.NA.15.AAA

N/A

0.50%

Monthly

11/18/2064

$

2,000‌

$

(34‌)

$

6‌

$

—‌

$

(27‌)

Morgan

Stanley

&

Co

CMBX.NA.15.AAA

N/A

0.50%

Monthly

11/18/2064

880‌

(13‌)

1‌

—‌

(12‌)

Morgan

Stanley

&

Co

CMBX.NA.9.A

N/A

2.00%

Monthly

09/17/2058

1,500‌

(96‌)

16‌

—‌

(81‌)

Total

$

(143‌)

$

23‌

$

—‌

$

(120‌)

Amounts

in

thousands.

Exchange

Cleared

Credit

Default

Swaps

Buy

Protection

Reference

Entity

Implied

Credit

Spread

as

of

July

31,

2024

(a)

(Pay)/

Receive

Fixed

Rate

Payment

Frequency

Maturity

Date

Notional

Amount

Upfront

Payments/

(Receipts)

Unrealized

Appreciation/

(Depreciation)

Fair

Value

CDX.NA.IG.42

N/A

(1.00)%

Quarterly

06/20/2029

$

8,800‌

$

(178‌)

$

(9‌)

$

(187‌)

Total

$

(178‌)

$

(9‌)

$

(187‌)

Amounts

in

thousands.

(a)

Implied

credit

spreads,

represented

in

absolute

terms,

used

in

determining

the

fair

value

of

credit

default

swap

agreements

on

corporate

issues

or

sovereign

issues

as

of

period

end

serve

as

an

indicator

of

the

current

status

of

the

payment/performance

risk

and

represent

the

likelihood

or

risk

of

default

for

the

credit

derivative.

The

implied

credit

spread

of

a

particular

referenced

entity

reflects

the

cost

of

buying/selling

protection

and

may

include

upfront

payments

required

to

be

made

to

enter

into

the

agreement.

Wider

credit

spreads

represent

a

deterioration

of

the

referenced

entity's

credit

soundness

and

a

greater

likelihood

or

risk

of

default

or

other

credit

event

occurring

as

defined

under

the

terms

of

the

agreement.

(b)

The

maximum

potential

payment

amount

that

the

seller

of

credit

protection

could

be

required

to

make

if

a

credit

event

occurs

is

$4,380.

(c)

The

price

and

resulting

fair

value

for

credit

default

swap

agreements

serve

as

an

indicator

of

the

current

status

of

the

payment/performance

risk

and

represent

the

likelihood

of

an

expected

liability

(or

profit)

for

the

credit

default

swap

as

of

the

period

end.

Increasing

fair

values

of

the

swap,

in

absolute

terms

when

compared

to

the

notional

amount

of

the

swap,

represent

a

deterioration

of

the

referenced

entity's

credit

soundness

and

a

greater

likelihood

or

risk

of

default

or

other

credit

event

occurring

as

defined

under

the

terms

of

the

agreement.

Total

Return

Swaps

Counterparty

Fund

Pays

Fund

Receives

Payment

Frequency

Expiration

Date

Notional

Amount

Upfront

Payments/(Receipts)

Value

and

Unrealized

Appreciation/(Depreciation

Asset

Liability

Citigroup

Inc

US

Federal

Funds

Effective

Rate

+

0.00%

Nigeria

Government

Treasury

Bill,

0.00%,

03/12/2025

Maturity

03/11/2025

$

889‌

$

—‌

$

21‌

$

—‌

Citigroup

Inc

US

Federal

Funds

Effective

Rate

+

0.00%

Nigeria

Government

Treasury

Bill,

0.00%,

03/13/2025

Maturity

03/18/2025

442‌

—‌

24‌

—‌

HSBC

Securities

Inc

Secured

Overnight

Financing

Rate

+

0.60%

Egypt

Treasury

Bill,

0.00%,

03/18/2025

Maturity

03/21/2025

733‌

—‌

75‌

—‌

HSBC

Securities

Inc

Secured

Overnight

Financing

Rate

+

0.60%

Egypt

Treasury

Bill,

0.00%,

09/17/2024

Maturity

09/20/2024

734‌

—‌

75‌

—‌

HSBC

Securities

Inc

Secured

Overnight

Financing

Rate

+

0.70%

Egypt

Treasury

Bill,

0.00%,

12/10/2024

Maturity

09/13/2024

741‌

—‌

6‌

—‌

HSBC

Securities

Inc

Secured

Overnight

Financing

Rate

+

0.60%

Egypt

Treasury

Bill,

0.00%,

12/17/2024

Maturity

12/20/2024

733‌

—‌

59‌

—‌

HSBC

Securities

Inc

US

Federal

Funds

Effective

Rate

+

0.00%

Zambia

Government

Bond,

13.00%,

12/18/2027

Maturity

12/20/2027

475‌

—‌

—‌

(24‌)

JPMorgan

Chase

Secured

Overnight

Financing

Rate

+

0.60%

Egypt

Treasury

Bill,

0.00%,

03/04/2025

Maturity

03/07/2025

713‌

—‌

30‌

—‌

JPMorgan

Chase

Secured

Overnight

Financing

Rate

+

0.60%

Egypt

Treasury

Bill,

0.00%,

09/27/2024

Maturity

09/27/2024

450‌

—‌

24‌

—‌

JPMorgan

Chase

IBOXX

USD

Liquid

Leveraged

Loans

Total

Return

Index

Secured

Overnight

Financing

Rate

+

0.00%

Maturity

09/23/2024

$

1,340‌

$

—‌

$

16‌

$

—‌

Total

$

—‌

$

330‌

$

(24‌)

Amounts

in

thousands.

Schedule

of

Investments

Diversified

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

78

Short

Sales

Outstanding

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

-

(0.24)%

Principal

Amount

(000's)

Value

(000's)

Federal

National

Mortgage

Association

(FNMA)/Federal

Home

Loan

Mortgage

Corporation

(FHLMC)

Uniform

Mortgage-Backed

Security

-

(0.24)%

2.00%,

08/01/2054

$

1,700‌

$

1,367‌

2.50%,

08/01/2039

3,600‌

3,309‌

5.00%,

08/01/2039

1,800‌

1,805‌

$

6,481‌

TOTAL

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

(proceeds

$6,399)

$

6,481‌

TOTAL

SHORT

SALES

(proceeds

$6,399)

$

6,481‌

Schedule

of

Investments

Diversified

International

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

79

INVESTMENT

COMPANIES

-

1

.50

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

1

.50

%

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b)

83,013,704‌

$

83,014‌

TOTAL

INVESTMENT

COMPANIES

$

83,014‌

COMMON

STOCKS

-

98

.62

%

Shares

Held

Value

(000's)

Aerospace

&

Defense

-

3

.00

%

Airbus

SE

291,962‌

$

44,182‌

BAE

Systems

PLC

6,259,809‌

104,401‌

Thales

SA

106,785‌

16,974‌

$

165,557‌

Apparel

-

2

.23

%

Hermes

International

SCA

15,073‌

32,940‌

LVMH

Moet

Hennessy

Louis

Vuitton

SE

51,330‌

36,206‌

PRADA

SpA

2,392,200‌

17,246‌

Samsonite

International

SA

(c)

12,762,300‌

36,803‌

$

123,195‌

Automobile

Manufacturers

-

1

.52

%

Daimler

Truck

Holding

AG

139,205‌

5,374‌

Toyota

Motor

Corp

4,104,300‌

78,847‌

$

84,221‌

Automobile

Parts

&

Equipment

-

1

.55

%

Bridgestone

Corp

394,400‌

16,081‌

Toyota

Industries

Corp

828,200‌

69,627‌

$

85,708‌

Banks

-

13

.08

%

AIB

Group

PLC

11,052,930‌

63,401‌

Banco

do

Brasil

SA

5,066,800‌

23,757‌

Bank

Negara

Indonesia

Persero

Tbk

PT

70,653,600‌

21,639‌

Bank

of

Ireland

Group

PLC

2,690,612‌

30,471‌

Bank

Rakyat

Indonesia

Persero

Tbk

PT

151,020,294‌

43,455‌

Credicorp

Ltd

97,817‌

16,691‌

DBS

Group

Holdings

Ltd

2,003,760‌

54,910‌

Erste

Group

Bank

AG

434,384‌

22,595‌

FinecoBank

Banca

Fineco

SpA

1,210,317‌

20,547‌

Grupo

Financiero

Banorte

SAB

de

CV

3,095,730‌

23,247‌

ICICI

Bank

Ltd

ADR

1,761,790‌

51,286‌

Kotak

Mahindra

Bank

Ltd

2,392,125‌

51,823‌

National

Bank

of

Greece

SA

5,851,620‌

51,367‌

NatWest

Group

PLC

12,598,216‌

59,772‌

Nordea

Bank

Abp

2,218,675‌

25,981‌

Piraeus

Financial

Holdings

SA

4,011,826‌

16,950‌

PT

Bank

Central

Asia

Tbk

30,679,670‌

19,427‌

Societe

Generale

SA

1,561,309‌

40,496‌

Swedbank

AB

874,461‌

18,594‌

UniCredit

SpA

1,622,293‌

66,635‌

$

723,044‌

Beverages

-

0

.65

%

Arca

Continental

SAB

de

CV

1,271,700‌

12,530‌

Kweichow

Moutai

Co

Ltd

118,767‌

23,358‌

$

35,888‌

Biotechnology

-

0

.36

%

Argenx

SE

(d)

39,255‌

20,071‌

Building

Materials

-

2

.31

%

Cemex

SAB

de

CV

ADR

4,872,709‌

31,283‌

CRH

PLC

1,131,933‌

96,278‌

$

127,561‌

Chemicals

-

0

.57

%

Shin-Etsu

Chemical

Co

Ltd

708,345‌

31,472‌

Coal

-

1

.50

%

Teck

Resources

Ltd

1,690,400‌

82,864‌

Commercial

Services

-

0

.86

%

Localiza

Rent

a

Car

SA

3,218,680‌

24,902‌

Localiza

Rent

a

Car

SA

-

Rights

(d)

19,721‌

38‌

TOPPAN

Holdings

Inc

802,500‌

22,700‌

$

47,640‌

Cosmetics

&

Personal

Care

-

3

.08

%

L'Oreal

SA

117,763‌

50,926‌

Unilever

PLC

1,940,606‌

119,259‌

$

170,185‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Distribution

&

Wholesale

-

1

.16

%

ITOCHU

Corp

749,000‌

$

38,411‌

Rexel

SA

1,023,323‌

26,000‌

$

64,411‌

Diversified

Financial

Services

-

0

.86

%

Brookfield

Asset

Management

Ltd

377,858‌

16,492‌

London

Stock

Exchange

Group

PLC

254,309‌

30,956‌

$

47,448‌

Electric

-

0

.93

%

Iberdrola

SA

3,875,015‌

51,182‌

Electrical

Components

&

Equipment

-

1

.15

%

Schneider

Electric

SE

262,878‌

63,363‌

Electronics

-

0

.94

%

Halma

PLC

476,906‌

16,324‌

Hoya

Corp

286,760‌

35,931‌

$

52,255‌

Engineering

&

Construction

-

0

.52

%

Kajima

Corp

1,485,200‌

28,699‌

Entertainment

-

0

.83

%

Entain

PLC

1,995,764‌

14,666‌

Universal

Music

Group

NV

1,314,914‌

31,327‌

$

45,993‌

Food

-

0

.79

%

Ajinomoto

Co

Inc

456,000‌

18,781‌

Danone

SA

386,623‌

25,117‌

$

43,898‌

Food

Service

-

0

.50

%

Compass

Group

PLC

892,688‌

27,490‌

Healthcare

-

Products

-

0

.74

%

Alcon

Inc

268,745‌

25,446‌

Smith

&

Nephew

PLC

1,065,158‌

15,352‌

$

40,798‌

Healthcare

-

Services

-

0

.69

%

ICON

PLC

(d)

115,802‌

38,034‌

Home

Builders

-

1

.56

%

Taylor

Wimpey

PLC

15,998,487‌

32,800‌

Vistry

Group

PLC

(d)

2,990,414‌

53,263‌

$

86,063‌

Insurance

-

7

.21

%

AIA

Group

Ltd

18,643,400‌

124,703‌

ASR

Nederland

NV

341,200‌

17,143‌

AXA

SA

1,109,922‌

38,969‌

Fairfax

Financial

Holdings

Ltd

35,758‌

42,170‌

Hannover

Rueck

SE

221,063‌

54,888‌

MS&AD

Insurance

Group

Holdings

Inc

1,823,500‌

42,988‌

Muenchener

Rueckversicherungs-Gesellschaft

AG

in

Muenchen

72,292‌

35,606‌

Sompo

Holdings

Inc

1,219,800‌

27,814‌

Tryg

A/S

651,797‌

14,270‌

$

398,551‌

Internet

-

4

.54

%

Alibaba

Group

Holding

Ltd

4,081,100‌

40,159‌

JD.com

Inc

2,647,600‌

34,910‌

MercadoLibre

Inc

(d)

13,298‌

22,193‌

Tencent

Holdings

Ltd

3,324,600‌

153,419‌

$

250,681‌

Investment

Companies

-

0

.40

%

EXOR

NV

217,276‌

22,274‌

Machinery

-

Construction

&

Mining

-

1

.47

%

Mitsubishi

Electric

Corp

2,846,800‌

47,433‌

Weir

Group

PLC/The

1,286,080‌

33,572‌

$

81,005‌

Machinery

-

Diversified

-

2

.50

%

Atlas

Copco

AB

-

A

Shares

3,745,157‌

66,655‌

Keyence

Corp

98,132‌

42,909‌

NARI

Technology

Co

Ltd

4,160,436‌

13,828‌

THK

Co

Ltd

785,800‌

14,836‌

$

138,228‌

Schedule

of

Investments

Diversified

International

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

80

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Media

-

0

.56

%

Liberty

Media

Corp-Liberty

Formula

One

-

C

Shares

(d)

381,607‌

$

30,861‌

Mining

-

0

.49

%

Sandfire

Resources

Ltd

(d)

4,752,364‌

27,144‌

Oil

&

Gas

-

4

.92

%

Canadian

Natural

Resources

Ltd

948,200‌

33,666‌

Noble

Corp

PLC

1,113,653‌

52,587‌

Shell

PLC

2,608,218‌

95,105‌

Suncor

Energy

Inc

1,600,300‌

63,912‌

Tourmaline

Oil

Corp

604,600‌

26,603‌

$

271,873‌

Oil

&

Gas

Services

-

0

.59

%

Schlumberger

NV

672,010‌

32,451‌

Pharmaceuticals

-

8

.78

%

AstraZeneca

PLC

1,055,871‌

167,747‌

Novo

Nordisk

A/S

891,264‌

118,086‌

Roche

Holding

AG

159,002‌

51,478‌

Sanofi

SA

1,435,170‌

147,956‌

$

485,267‌

Private

Equity

-

3

.93

%

3i

Group

PLC

3,078,225‌

123,839‌

Brookfield

Corp

1,473,831‌

71,874‌

Intermediate

Capital

Group

PLC

759,714‌

21,444‌

$

217,157‌

Retail

-

4

.86

%

Alimentation

Couche-Tard

Inc

1,400,992‌

86,364‌

Dollarama

Inc

607,300‌

56,932‌

Industria

de

Diseno

Textil

SA

587,349‌

28,539‌

MatsukiyoCocokara

&

Co

1,114,800‌

18,180‌

Wal-Mart

de

Mexico

SAB

de

CV

11,073,590‌

36,850‌

Yum

China

Holdings

Inc

1,377,346‌

41,651‌

$

268,516‌

Semiconductors

-

11

.88

%

ASM

International

NV

27,179‌

18,700‌

ASML

Holding

NV

151,439‌

141,016‌

Renesas

Electronics

Corp

2,881,400‌

49,629‌

Samsung

Electronics

Co

Ltd

2,630,873‌

162,226‌

SK

Hynix

Inc

291,181‌

41,762‌

Socionext

Inc

1,771,000‌

35,763‌

Taiwan

Semiconductor

Manufacturing

Co

Ltd

7,107,544‌

207,336‌

$

656,432‌

Software

-

0

.65

%

Dassault

Systemes

SE

499,665‌

18,942‌

Nemetschek

SE

175,956‌

16,806‌

$

35,748‌

Telecommunications

-

1

.76

%

Deutsche

Telekom

AG

2,840,280‌

74,295‌

Nippon

Telegraph

&

Telephone

Corp

21,839,200‌

23,274‌

$

97,569‌

Toys,

Games

&

Hobbies

-

1

.62

%

Nintendo

Co

Ltd

1,619,900‌

89,513‌

Transportation

-

1

.08

%

Canadian

Pacific

Kansas

City

Ltd

644,600‌

54,056‌

Keisei

Electric

Railway

Co

Ltd

187,500‌

5,608‌

$

59,664‌

TOTAL

COMMON

STOCKS

$

5,449,974‌

Total

Investments

$

5,532,988‌

Other

Assets

and

Liabilities

-  (0.12)%

(

6,423‌

)

TOTAL

NET

ASSETS

-

100.00%

$

5,526,565‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

1-day

yield

shown

is

as

of

period

end.

(c)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$36,803

or

0.67%

of

net

assets.

(d)

Non-income

producing

security

Schedule

of

Investments

Diversified

International

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

81

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

61,242‌

$

1,000,835‌

$

979,063‌

$

83,014‌

$

61,242‌

$

1,000,835‌

$

979,063‌

$

83,014‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

1,826‌

$

—‌

$

—‌

$

—‌

$

1,826‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Schedule

of

Investments

Equity

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

82

INVESTMENT

COMPANIES

-

2

.40

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

2

.40

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

123,798‌

$

124‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(c)

217,885,023‌

217,885‌

$

218,009‌

TOTAL

INVESTMENT

COMPANIES

$

218,009‌

COMMON

STOCKS

-

97

.49

%

Shares

Held

Value

(000's)

Advertising

-

1

.45

%

Omnicom

Group

Inc

1,340,701‌

$

131,442‌

Apparel

-

0

.33

%

NIKE

Inc

401,849‌

30,082‌

Automobile

Manufacturers

-

4

.28

%

Cummins

Inc

607,598‌

177,297‌

PACCAR

Inc

2,147,660‌

211,888‌

$

389,185‌

Automobile

Parts

&

Equipment

-

0

.49

%

Magna

International

Inc

996,906‌

44,233‌

Banks

-

11

.48

%

Bank

of

America

Corp

5,079,828‌

204,768‌

Citigroup

Inc

1,394,143‌

90,452‌

JPMorgan

Chase

&

Co

1,184,952‌

252,158‌

Morgan

Stanley

2,461,072‌

254,007‌

PNC

Financial

Services

Group

Inc/The

1,333,992‌

241,586‌

$

1,042,971‌

Beverages

-

1

.78

%

Coca-Cola

Co/The

2,428,101‌

162,052‌

Biotechnology

-

1

.73

%

Corteva

Inc

2,796,789‌

156,900‌

Building

Materials

-

3

.40

%

Carrier

Global

Corp

1,426,584‌

97,165‌

Trane

Technologies

PLC

633,664‌

211,821‌

$

308,986‌

Chemicals

-

1

.78

%

Air

Products

and

Chemicals

Inc

455,386‌

120,153‌

PPG

Industries

Inc

330,884‌

42,016‌

$

162,169‌

Computers

-

1

.88

%

Apple

Inc

767,654‌

170,481‌

Cosmetics

&

Personal

Care

-

1

.79

%

Procter

&

Gamble

Co/The

1,013,452‌

162,923‌

Diversified

Financial

Services

-

2

.84

%

BlackRock

Inc

238,087‌

208,683‌

Nasdaq

Inc

724,281‌

49,020‌

$

257,703‌

Electric

-

4

.93

%

NextEra

Energy

Inc

2,495,420‌

190,625‌

Sempra

802,293‌

64,231‌

WEC

Energy

Group

Inc

1,115,497‌

96,000‌

Xcel

Energy

Inc

1,660,634‌

96,782‌

$

447,638‌

Food

-

0

.92

%

Hershey

Co/The

190,363‌

37,593‌

Hormel

Foods

Corp

1,421,910‌

45,657‌

$

83,250‌

Healthcare

-

Products

-

4

.33

%

Abbott

Laboratories

1,648,754‌

174,669‌

Medtronic

PLC

1,024,121‌

82,257‌

STERIS

PLC

573,692‌

136,975‌

$

393,901‌

Healthcare

-

Services

-

1

.16

%

UnitedHealth

Group

Inc

182,515‌

105,158‌

Home

Builders

-

2

.20

%

DR

Horton

Inc

1,112,709‌

200,210‌

Insurance

-

3

.99

%

Chubb

Ltd

823,381‌

226,973‌

Fidelity

National

Financial

Inc

2,456,491‌

136,114‌

$

363,087‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Iron

&

Steel

-

0

.60

%

Reliance

Inc

178,023‌

$

54,219‌

Lodging

-

1

.89

%

Hilton

Worldwide

Holdings

Inc

799,641‌

171,659‌

Machinery

-

Diversified

-

2

.05

%

Deere

&

Co

501,490‌

186,544‌

Media

-

1

.19

%

Comcast

Corp

-

Class

A

2,627,019‌

108,417‌

Miscellaneous

Manufacturers

-

2

.90

%

Parker-Hannifin

Corp

470,144‌

263,826‌

Oil

&

Gas

-

5

.16

%

Chevron

Corp

564,552‌

90,594‌

EOG

Resources

Inc

1,317,821‌

167,100‌

Marathon

Petroleum

Corp

1,191,020‌

210,834‌

$

468,528‌

Oil

&

Gas

Services

-

0

.58

%

Halliburton

Co

1,509,640‌

52,354‌

Pharmaceuticals

-

9

.25

%

Becton

Dickinson

&

Co

750,866‌

181,004‌

Eli

Lilly

&

Co

28,738‌

23,113‌

Merck

&

Co

Inc

1,765,071‌

199,683‌

Novartis

AG

ADR

1,742,506‌

194,255‌

Pfizer

Inc

2,442,838‌

74,604‌

Roche

Holding

AG

ADR

(d)

4,143,630‌

167,858‌

$

840,517‌

Pipelines

-

1

.75

%

Enterprise

Products

Partners

LP

5,516,680‌

159,211‌

Private

Equity

-

2

.97

%

KKR

&

Co

Inc

2,183,508‌

269,554‌

REITs

-

3

.69

%

Alexandria

Real

Estate

Equities

Inc

1,268,889‌

148,828‌

Equity

LifeStyle

Properties

Inc

656,759‌

45,106‌

Prologis

Inc

673,064‌

84,840‌

Realty

Income

Corp

990,856‌

56,905‌

$

335,679‌

Retail

-

4

.10

%

Costco

Wholesale

Corp

295,547‌

242,940‌

Starbucks

Corp

1,046,290‌

81,558‌

Target

Corp

318,697‌

47,935‌

$

372,433‌

Semiconductors

-

3

.73

%

Microchip

Technology

Inc

1,793,710‌

159,246‌

Taiwan

Semiconductor

Manufacturing

Co

Ltd

ADR

1,083,615‌

179,663‌

$

338,909‌

Software

-

3

.85

%

Fidelity

National

Information

Services

Inc

668,548‌

51,364‌

Microsoft

Corp

364,439‌

152,463‌

Salesforce

Inc

125,444‌

32,465‌

SAP

SE

ADR

538,136‌

113,870‌

$

350,162‌

Telecommunications

-

1

.89

%

BCE

Inc

815,146‌

27,495‌

T-Mobile

US

Inc

792,568‌

144,469‌

$

171,964‌

Transportation

-

1

.13

%

Expeditors

International

of

Washington

Inc

825,976‌

103,098‌

TOTAL

COMMON

STOCKS

$

8,859,445‌

Total

Investments

$

9,077,454‌

Other

Assets

and

Liabilities

-  0.11%

10,304‌

TOTAL

NET

ASSETS

-

100.00%

$

9,087,758‌

Schedule

of

Investments

Equity

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

83

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$124

or

0.00%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$122

or

0.00%

of

net

assets.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

145,357‌

$

1,958,238‌

$

1,885,710‌

$

217,885‌

$

145,357‌

$

1,958,238‌

$

1,885,710‌

$

217,885‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

6,078‌

$

—‌

$

—‌

$

—‌

$

6,078‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Schedule

of

Investments

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

84

INVESTMENT

COMPANIES

-

7.36%

Shares

Held

Value

(000's)

Money

Market

Funds

-

7.36%

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b)

40,624,359‌

$

40,624‌

TOTAL

INVESTMENT

COMPANIES

$

40,624‌

BONDS

-

88.77%

Principal

Amount

(000's)

Value

(000's)

Automobile

Manufacturers

-

0.56%

Ford

Otomotiv

Sanayi

AS

7.13%,

04/25/2029

(c)

$

3,050‌

$

3,108‌

Banks

-

9.42%

Banca

Comerciala

Romana

SA

7.63%,

05/19/2027

(d)

EUR

1,300‌

1,478‌

3

Month

Euro

Interbank

Offered

Rate

+

4.54%

Banca

Transilvania

SA

7.25%,

12/07/2028

(d)

1,725‌

1,957‌

Euribor

Swap

Rate

1

Year

+

4.29%

8.88%,

04/27/2027

(d)

2,650‌

3,032‌

Euribor

Swap

Rate

1

Year

+

5.58%

Banco

Mercantil

del

Norte

SA/Grand

Cayman

5.88%,

01/24/2027

(c),(d),(e),(f)

$

4,050‌

3,880‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.64%

5.88%,

01/24/2027

(d),(e),(f)

950‌

911‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.64%

Bank

Gospodarstwa

Krajowego

5.75%,

07/09/2034

(c)

2,825‌

2,913‌

BBVA

Bancomer

SA/Texas

5.13%,

01/18/2033

(d),(f)

2,225‌

2,073‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.65%

8.45%,

06/29/2038

(d),(f)

300‌

317‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.66%

8.45%,

06/29/2038

(c),(d),(f)

3,575‌

3,774‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.66%

BOI

Finance

BV

7.50%,

02/16/2027

EUR

2,355‌

2,388‌

Ceska

sporitelna

AS

5.74%,

03/08/2028

(d)

1,700‌

1,906‌

3

Month

Euro

Interbank

Offered

Rate

+

2.35%

HSBC

Holdings

PLC

6.25%,

03/09/2034

(d)

$

6,575‌

6,998‌

Secured

Overnight

Financing

Rate

+

2.39%

Israel

Discount

Bank

Ltd

5.38%,

01/26/2028

(c)

2,225‌

2,170‌

JPMorgan

Chase

Bank

NA

0.00%,

03/15/2034

(c),(g)

TRY

1,820,000‌

2,820‌

Raiffeisenbank

AS

7.13%,

01/19/2026

(d)

EUR

3,200‌

3,511‌

3

Month

Euro

Interbank

Offered

Rate

+

3.93%

Standard

Chartered

PLC

5.91%,

05/14/2035

(c),(d)

$

1,400‌

1,430‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.45%

5.91%,

05/14/2035

(d)

700‌

715‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.45%

6.10%,

01/11/2035

(c),(d)

4,950‌

5,166‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

2.10%

6.10%,

01/11/2035

(d)

1,450‌

1,508‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

2.10%

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

Turkiye

Vakiflar

Bankasi

TAO

8.99%,

10/05/2034

(c),(d)

$

3,050‌

$

3,077‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.67%

$

52,024‌

Building

Materials

-

1.48%

Cemex

SAB

de

CV

9.13%,

03/14/2028

(c),(d),(e)

1,075‌

1,160‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

5.16%

9.13%,

03/14/2028

(d),(e)

1,550‌

1,672‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

5.16%

Sisecam

UK

PLC

8.25%,

05/02/2029

(c)

5,225‌

5,320‌

$

8,152‌

Chemicals

-

1.18%

Sasol

Financing

USA

LLC

8.75%,

05/03/2029

(c)

3,225‌

3,340‌

8.75%,

05/03/2029

650‌

673‌

Sociedad

Quimica

y

Minera

de

Chile

SA

6.50%,

11/07/2033

(c)

2,399‌

2,509‌

$

6,522‌

Commercial

Services

-

0.26%

Mersin

Uluslararasi

Liman

Isletmeciligi

AS

8.25%,

11/15/2028

1,400‌

1,439‌

Diversified

Financial

Services

-

0.43%

SOCAR

Turkey

Enerji

AS

via

Steas

Funding

1

DAC

7.23%,

03/17/2026

2,400‌

2,364‌

Electric

-

1.01%

Comision

Federal

de

Electricidad

5.00%,

09/29/2036

2,612‌

2,318‌

Electricidad

Firme

de

Mexico

Holdings

SA

de

CV

4.90%,

11/20/2026

3,450‌

3,272‌

$

5,590‌

Energy

-

Alternate

Sources

-

1.32%

Energo-Pro

AS

8.50%,

02/04/2027

2,426‌

2,428‌

8.50%,

02/04/2027

(c)

1,725‌

1,727‌

FS

Luxembourg

Sarl

8.88%,

02/12/2031

(c)

3,200‌

3,140‌

$

7,295‌

Engineering

&

Construction

-

3.15%

Aeropuertos

Dominicanos

Siglo

XXI

SA

7.00%,

06/30/2034

(c)

4,600‌

4,746‌

HTA

Group

Ltd/Mauritius

7.50%,

06/04/2029

(c)

4,475‌

4,487‌

IHS

Holding

Ltd

5.63%,

11/29/2026

2,450‌

2,330‌

IHS

Netherlands

Holdco

BV

8.00%,

09/18/2027

5,975‌

5,823‌

$

17,386‌

Food

-

0.98%

Minerva

Luxembourg

SA

8.88%,

09/13/2033

(c)

4,600‌

4,851‌

8.88%,

09/13/2033

550‌

580‌

$

5,431‌

Iron

&

Steel

-

0.88%

CSN

Inova

Ventures

6.75%,

01/28/2028

3,500‌

3,382‌

Samarco

Mineracao

SA

Escrow

Shares

0.00%,

10/24/2023

(g),(h)

200‌

—‌

Usiminas

International

Sarl

5.88%,

07/18/2026

1,500‌

1,474‌

$

4,856‌

Schedule

of

Investments

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

85

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Mining

-

1.26%

WE

Soda

Investments

Holding

PLC

9.38%,

02/14/2031

(c)

$

1,575‌

$

1,623‌

9.50%,

10/06/2028

(c)

3,250‌

3,335‌

9.50%,

10/06/2028

1,950‌

2,001‌

$

6,959‌

Oil

&

Gas

-

8.71%

Energean

Israel

Finance

Ltd

5.38%,

03/30/2028

(c)

3,800‌

3,404‌

8.50%,

09/30/2033

(c)

3,865‌

3,687‌

Leviathan

Bond

Ltd

6.50%,

06/30/2027

(c)

4,800‌

4,535‌

Petroleos

de

Venezuela

SA

0.00%,

05/16/2024

(g)

21,625‌

2,498‌

0.00%,

11/15/2026

(g)

2,100‌

236‌

Petroleos

Mexicanos

6.50%,

03/13/2027

6,850‌

6,588‌

6.50%,

01/23/2029

3,300‌

3,002‌

6.75%,

09/21/2047

3,900‌

2,639‌

7.69%,

01/23/2050

6,475‌

4,756‌

Puma

International

Financing

SA

7.75%,

04/25/2029

(c)

5,675‌

5,748‌

Tengizchevroil

Finance

Co

International

Ltd

4.00%,

08/15/2026

9,015‌

8,639‌

Trident

Energy

Finance

PLC

12.50%,

11/30/2029

(c)

2,300‌

2,390‌

$

48,122‌

Pipelines

-

6.14%

Acu

Petroleo

Luxembourg

Sarl

7.50%,

07/13/2035

3,826‌

3,763‌

Galaxy

Pipeline

Assets

Bidco

Ltd

2.16%,

03/31/2034

(c)

2,431‌

2,108‌

2.16%,

03/31/2034

7,253‌

6,269‌

Greensaif

Pipelines

Bidco

Sarl

5.85%,

02/23/2036

(c)

2,000‌

2,009‌

6.10%,

08/23/2042

(c)

3,150‌

3,147‌

6.13%,

02/23/2038

(c)

3,300‌

3,389‌

6.13%,

02/23/2038

3,750‌

3,838‌

Southern

Gas

Corridor

CJSC

6.88%,

03/24/2026

9,300‌

9,379‌

$

33,902‌

Real

Estate

-

0.36%

Country

Garden

Holdings

Co

Ltd

0.00%,

05/27/2025

(g)

350‌

28‌

0.00%,

02/06/2026

(g)

3,200‌

260‌

0.00%,

04/08/2026

(g)

2,925‌

238‌

0.00%,

07/12/2026

(g)

1,450‌

118‌

MAF

Global

Securities

Ltd

7.88%,

06/30/2027

(d),(e)

1,325‌

1,355‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.89%

$

1,999‌

Regional

Authority

-

0.50%

Provincia

de

Buenos

Aires/Government

Bonds

6.37%,

09/01/2037

(i)

6,209‌

2,741‌

Sovereign

-

46.82%

Angolan

Government

International

Bond

8.00%,

11/26/2029

1,250‌

1,130‌

8.25%,

05/09/2028

7,350‌

6,964‌

Argentine

Republic

Government

International

Bond

0.75%,

07/09/2030

(i)

4,632‌

2,497‌

4.12%,

07/09/2035

(i)

5,775‌

2,410‌

Brazil

Notas

do

Tesouro

Nacional

Serie

F

9.76%,

01/01/2027

BRL

136,300‌

23,258‌

Colombia

Government

International

Bond

4.50%,

03/15/2029

$

8,950‌

8,273‌

7.50%,

02/02/2034

2,775‌

2,813‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Sovereign

(continued)

Dominican

Republic

International

Bond

4.50%,

01/30/2030

$

5,550‌

$

5,145‌

10.75%,

06/01/2036

(c)

DOP

184,500‌

3,175‌

Ecuador

Government

International

Bond

5.50%,

07/31/2035

(i)

$

7,250‌

3,829‌

6.90%,

07/31/2030

(i)

12,000‌

8,105‌

Egypt

Government

International

Bond

5.80%,

09/30/2027

6,875‌

6,275‌

7.50%,

01/31/2027

1,900‌

1,846‌

8.15%,

11/20/2059

1,800‌

1,296‌

8.50%,

01/31/2047

4,375‌

3,294‌

8.70%,

03/01/2049

650‌

500‌

Gabon

Government

International

Bond

6.63%,

02/06/2031

3,575‌

2,622‌

Guatemala

Government

Bond

4.88%,

02/13/2028

2,000‌

1,933‌

5.25%,

08/10/2029

3,325‌

3,221‌

6.55%,

02/06/2037

(c),(j)

2,725‌

2,734‌

7.05%,

10/04/2032

2,050‌

2,168‌

Iraq

International

Bond

5.80%,

01/15/2028

6,267‌

5,929‌

Israel

Government

International

Bond

5.50%,

03/12/2034

7,050‌

6,882‌

Ivory

Coast

Government

International

Bond

4.88%,

01/30/2032

EUR

8,175‌

7,488‌

6.88%,

10/17/2040

1,325‌

1,201‌

Nigeria

Government

International

Bond

6.13%,

09/28/2028

$

8,750‌

7,678‌

Pakistan

Government

International

Bond

6.88%,

12/05/2027

3,475‌

2,976‌

7.38%,

04/08/2031

1,000‌

794‌

Peru

Government

Bond

5.40%,

08/12/2034

PEN

27,950‌

6,661‌

6.15%,

08/12/2032

12,800‌

3,325‌

Peruvian

Government

International

Bond

6.90%,

08/12/2037

21,100‌

5,485‌

7.60%,

08/12/2039

(c)

41,150‌

11,244‌

Republic

of

Poland

Government

International

Bond

5.13%,

09/18/2034

$

3,875‌

3,888‌

5.50%,

03/18/2054

6,425‌

6,336‌

Republic

of

South

Africa

Government

Bond

8.75%,

01/31/2044

ZAR

122,100‌

5,230‌

8.88%,

02/28/2035

364,000‌

17,402‌

Republic

of

Uzbekistan

International

Bond

6.90%,

02/28/2032

(c)

$

4,225‌

4,140‌

7.85%,

10/12/2028

(c)

1,275‌

1,314‌

7.85%,

10/12/2028

200‌

206‌

Romanian

Government

International

Bond

5.25%,

05/30/2032

(c)

EUR

3,450‌

3,702‌

6.38%,

01/30/2034

(c)

$

6,876‌

7,013‌

Serbia

International

Bond

6.00%,

06/12/2034

(c)

5,350‌

5,330‌

Slovenia

Government

International

Bond

5.00%,

09/19/2033

8,300‌

8,372‌

State

Agency

of

Roads

of

Ukraine

0.00%,

06/24/2030

(c),(g)

2,700‌

865‌

0.00%,

06/24/2030

(g)

5,489‌

1,755‌

Tunisian

Republic

6.38%,

07/15/2026

EUR

7,650‌

7,350‌

Turkiye

Government

Bond

31.08%,

11/08/2028

TRY

194,160‌

6,099‌

37.00%,

02/18/2026

316,300‌

9,360‌

Ukraine

Government

International

Bond

0.00%,

09/01/2026

(g)

$

975‌

329‌

0.00%,

09/01/2027

(g)

3,100‌

1,017‌

0.00%,

09/01/2029

(g)

12,075‌

3,886‌

0.00%,

05/21/2031

(g)

600‌

183‌

0.00%,

08/01/2041

(g),(i)

3,000‌

1,840‌

Schedule

of

Investments

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

86

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Sovereign

(continued)

Ukraine

Government

International

Bond  

(continued)

7.75%,

09/01/2025

$

1,650‌

$

600‌

Zambia

Government

International

Bond

0.50%,

12/31/2053

(c)

4,800‌

2,418‌

0.50%,

12/31/2053

3,988‌

2,009‌

5.75%,

06/30/2033

(c),(i)

1,163‌

1,018‌

5.75%,

06/30/2033

(i)

4,248‌

3,717‌

$

258,530‌

Supranational

Bank

-

2.88%

Asian

Development

Bank

6.72%,

02/08/2028

INR

188,200‌

2,244‌

European

Bank

for

Reconstruction

&

Development

6.30%,

10/26/2027

536,000‌

6,286‌

Inter-American

Development

Bank

5.70%,

11/12/2024

142,000‌

1,683‌

7.00%,

01/25/2029

120,000‌

1,402‌

International

Bank

for

Reconstruction

&

Development

6.85%,

04/24/2028

180,000‌

2,144‌

7.05%,

07/22/2029

181,000‌

2,174‌

$

15,933‌

Transportation

-

0.51%

Transnet

SOC

Ltd

8.25%,

02/06/2028

$

2,775‌

2,814‌

Water

-

0.92%

Aegea

Finance

Sarl

9.00%,

01/20/2031

(c)

2,750‌

2,901‌

9.00%,

01/20/2031

250‌

264‌

Georgia

Global

Utilities

JSC

8.88%,

07/25/2029

(c)

1,900‌

1,907‌

$

5,072‌

TOTAL

BONDS

$

490,239‌

Total

Investments

$

530,863‌

Other

Assets

and

Liabilities

-  3.87%

21,367‌

TOTAL

NET

ASSETS

-

100.00%

$

552,230‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

1-day

yield

shown

is

as

of

period

end.

(c)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$142,754

or

25.85%

of

net

assets.

(d)

Rate

shown

is

as

of

period

end.

The

rate

may

be

a

variable

or

floating

rate

or

a

fixed

rate

which

may

convert

to

a

variable

or

floating

rate

in

the

future.

(e)

Perpetual

security.

Perpetual

securities

pay

an

indefinite

stream

of

interest,

but

they

may

be

called

by

the

issuer

at

an

earlier

date.

Date

shown,

if

any,

reflects

the

next

call

date

or

final

legal

maturity

date.

Rate

shown

is

as

of

period

end.

(f)

Security

is

a

contingent

convertible

security,

("CoCo").

CoCo's

are

hybrid

debt

securities

that

may

convert

to

equity

or

have

their

principal

written

down

upon

occurrence

of

certain

"triggers".

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$10,955

or

1.98%

of

net

assets.

(g)

Non-income

producing

security

(h)

The

value

of

these

investments

was

determined

using

significant

unobservable

inputs,

in

good

faith

by

the

Manager,

under

procedures

established

and

periodically

reviewed

by

the

Board

of

Directors.

(i)

Certain

variable

rate

securities

are

not

based

on

a

published

reference

rate

and

spread

but

are

determined

by

the

issuer

or

agent

and

are

based

on

current

market

conditions.  These

securities

do

not

indicate

a

reference

rate

and

spread

in

their

description.

Rate

shown

is

the

rate

in

effect

as

of

period

end.

(j)

Security

purchased

on

a

when-issued

basis.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

56,782‌

$

367,296‌

$

383,454‌

$

40,624‌

$

56,782‌

$

367,296‌

$

383,454‌

$

40,624‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

1,518‌

$

—‌

$

—‌

$

—‌

$

1,518‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

US

5

Year

Note;

September

2024

Long

843‌

$

90,952‌

$

1,103‌

Total

$

1,103‌

Amounts

in

thousands

except

contracts.

Foreign

Currency

Contracts

Unrealized

Appreciation/(Depreciation)

Counterparty

Settlement

Date

Currency

to

Accept

Currency

to

Deliver

Asset

Liability

Citigroup

Inc

08/15/2024

EUR

450‌

$

490‌

$

—‌

$

(3‌)

Citigroup

Inc

08/15/2024

$

35,773‌

EUR

33,000‌

38‌

—‌

Citigroup

Inc

08/23/2024

BRL

28,000‌

$

4,943‌

—‌

(3‌)

Citigroup

Inc

08/23/2024

COP

33,300,000‌

$

8,282‌

—‌

(79‌)

Citigroup

Inc

08/23/2024

EUR

13,100‌

$

14,225‌

—‌

(35‌)

Citigroup

Inc

08/23/2024

TRY

188,500‌

$

5,257‌

296‌

—‌

Citigroup

Inc

08/23/2024

$

28,449‌

EUR

26,200‌

68‌

—‌

Schedule

of

Investments

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

87

Foreign

Currency

Contracts

(continued)

Unrealized

Appreciation/(Depreciation)

Counterparty

Settlement

Date

Currency

to

Accept

Currency

to

Deliver

Asset

Liability

Citigroup

Inc

08/23/2024

$

8,271‌

COP

33,300,000‌

$

68‌

$

—‌

Citigroup

Inc

08/23/2024

$

15,267‌

BRL

85,700‌

146‌

—‌

Citigroup

Inc

08/23/2024

$

27,190‌

CNH

197,910‌

—‌

(256‌)

Citigroup

Inc

08/23/2024

$

9,669‌

TRY

329,600‌

—‌

(42‌)

HSBC

Securities

Inc

08/15/2024

EUR

1,475‌

$

1,602‌

—‌

(4‌)

HSBC

Securities

Inc

08/15/2024

$

1,171‌

EUR

1,075‌

7‌

—‌

HSBC

Securities

Inc

08/23/2024

MXN

51,800‌

$

2,761‌

10‌

—‌

HSBC

Securities

Inc

08/23/2024

$

754‌

TRY

26,680‌

—‌

(32‌)

HSBC

Securities

Inc

08/23/2024

$

27,031‌

PEN

101,500‌

—‌

(212‌)

JPMorgan

Chase

08/23/2024

EUR

13,100‌

$

14,225‌

—‌

(34‌)

JPMorgan

Chase

08/23/2024

HUF

4,000,000‌

$

11,050‌

—‌

(64‌)

JPMorgan

Chase

08/23/2024

MXN

207,300‌

$

10,977‌

113‌

—‌

JPMorgan

Chase

08/23/2024

PLN

65,800‌

$

16,661‌

—‌

(60‌)

JPMorgan

Chase

08/23/2024

TRY

234,700‌

$

6,451‌

463‌

—‌

JPMorgan

Chase

08/23/2024

$

12,119‌

ZAR

222,100‌

—‌

(58‌)

Total

$

1,209‌

$

(882‌)

Amounts

in

thousands.

Credit

Default

Swaps

Buy

Protection

Counterparty

Reference

Entity

Implied

Credit

Spread

as

of

July

31,

2024

(a)

(Pay)/

Receive

Fixed

Rate

Payment

Frequency

Maturity

Date

Notional

Amount

Upfront

Payments/

(Receipts)

Unrealized

Appreciation/

(Depreciation)

Fair

Value

Asset

----

Liability

Goldman

Sachs

&

Co

Bank

of

China

Ltd/Hong

Kong,

1.25%,

06/24/2025

0.34%

(1.00)%

Quarterly

12/20/2025

$

3,350‌

$

(20‌)

$

(10‌)

$

—‌

$

(30‌)

Goldman

Sachs

&

Co

Bank

of

China

Ltd/Hong

Kong,

1.25%,

06/24/2025

0.34%

(1.00)%

Quarterly

12/20/2025

3,800‌

(29‌)

(5‌)

—‌

(34‌)

Goldman

Sachs

&

Co

Bank

of

China

Ltd/Hong

Kong,

1.25%,

06/24/2025

0.34%

(1.00)%

Quarterly

12/20/2025

3,300‌

(18‌)

(11‌)

—‌

(29‌)

Goldman

Sachs

&

Co

Bank

of

China

Ltd/Hong

Kong,

1.25%,

06/24/2025

0.34%

(1.00)%

Quarterly

12/20/2025

7,350‌

(56‌)

(9‌)

—‌

(65‌)

Goldman

Sachs

&

Co

Bank

of

China

Ltd/Hong

Kong,

1.25%,

06/24/2025

0.34%

(1.00)%

Quarterly

12/20/2025

4,700‌

(22‌)

(20‌)

—‌

(42‌)

Goldman

Sachs

&

Co

Bank

of

China

Ltd/Hong

Kong,

1.25%,

06/24/2025

0.34%

(1.00)%

Quarterly

12/20/2025

500‌

(3‌)

(1‌)

—‌

(4‌)

Goldman

Sachs

&

Co

Bank

of

China

Ltd/Hong

Kong,

1.25%,

06/24/2025

0.34%

(1.00)%

Quarterly

12/20/2025

500‌

(3‌)

(1‌)

—‌

(4‌)

Goldman

Sachs

&

Co

China

Construction

Bank

Corp/Luxembourg,

0.00%,

04/22/2024

0.27%

(1.00)%

Quarterly

12/20/2025

3,350‌

(19‌)

(14‌)

—‌

(33‌)

Goldman

Sachs

&

Co

China

Construction

Bank

Corp/Luxembourg,

0.00%,

04/22/2024

0.27%

(1.00)%

Quarterly

12/20/2025

3,300‌

(19‌)

(14‌)

—‌

(33‌)

Goldman

Sachs

&

Co

China

Construction

Bank

Corp/Luxembourg,

0.00%,

04/22/2024

0.27%

(1.00)%

Quarterly

12/20/2025

3,350‌

(15‌)

(18‌)

—‌

(33‌)

Goldman

Sachs

&

Co

China

Construction

Bank

Corp/Luxembourg,

0.00%,

04/22/2024

0.27%

(1.00)%

Quarterly

12/20/2025

500‌

(3‌)

(2‌)

—‌

(5‌)

Goldman

Sachs

&

Co

China

Construction

Bank

Corp/Luxembourg,

0.00%,

04/22/2024

0.27%

(1.00)%

Quarterly

12/20/2025

3,500‌

(27‌)

(7‌)

—‌

(34‌)

Goldman

Sachs

&

Co

China

Construction

Bank

Corp/Luxembourg,

0.00%,

04/22/2024

0.27%

(1.00)%

Quarterly

12/20/2025

7,300‌

(57‌)

(15‌)

—‌

(72‌)

Goldman

Sachs

&

Co

China

Construction

Bank

Corp/Luxembourg,

0.00%,

04/22/2024

0.27%

(1.00)%

Quarterly

12/20/2025

500‌

(4‌)

(1‌)

—‌

(5‌)

Goldman

Sachs

&

Co

China

Development

Bank,

3.00%,

06/01/2026

0.33%

(1.00)%

Quarterly

12/20/2025

500‌

(4‌)

(1‌)

—‌

(5‌)

Goldman

Sachs

&

Co

China

Development

Bank,

3.00%,

06/01/2026

0.33%

(1.00)%

Quarterly

12/20/2025

3,350‌

(19‌)

(11‌)

—‌

(30‌)

Goldman

Sachs

&

Co

China

Development

Bank,

3.00%,

06/01/2026

0.33%

(1.00)%

Quarterly

12/20/2025

7,000‌

(55‌)

(9‌)

—‌

(64‌)

Goldman

Sachs

&

Co

China

Development

Bank,

3.00%,

06/01/2026

0.33%

(1.00)%

Quarterly

12/20/2025

3,300‌

(19‌)

(11‌)

—‌

(30‌)

Schedule

of

Investments

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

88

Credit

Default

Swaps

(continued)

Buy

Protection

(continued)

Counterparty

Reference

Entity

Implied

Credit

Spread

as

of

July

31,

2024

(a)

(Pay)/

Receive

Fixed

Rate

Payment

Frequency

Maturity

Date

Notional

Amount

Upfront

Payments/

(Receipts)

Unrealized

Appreciation/

(Depreciation)

Fair

Value

Asset

----

Liability

Goldman

Sachs

&

Co

China

Development

Bank,

3.00%,

06/01/2026

0.33%

(1.00)%

Quarterly

12/20/2025

$

3,100‌

$

(24‌)

$

(4‌)

$

—‌

$

(28‌)

Goldman

Sachs

&

Co

China

Development

Bank,

3.00%,

06/01/2026

0.33%

(1.00)%

Quarterly

12/20/2025

500‌

(4‌)

(1‌)

—‌

(5‌)

Goldman

Sachs

&

Co

China

Development

Bank,

3.00%,

06/01/2026

0.33%

(1.00)%

Quarterly

12/20/2025

2,000‌

(9‌)

(9‌)

—‌

(18‌)

Goldman

Sachs

&

Co

Industrial

&

Commercial

Bank

of

China

Ltd/Hong

Kong,

1.63%,

10/28/2026

0.31%

(1.00)%

Quarterly

12/20/2025

3,350‌

(15‌)

(16‌)

—‌

(31‌)

Goldman

Sachs

&

Co

Industrial

&

Commercial

Bank

of

China

Ltd/Hong

Kong,

1.63%,

10/28/2026

0.31%

(1.00)%

Quarterly

12/20/2025

3,300‌

(19‌)

(12‌)

—‌

(31‌)

Goldman

Sachs

&

Co

Industrial

&

Commercial

Bank

of

China

Ltd/Hong

Kong,

1.63%,

10/28/2026

0.31%

(1.00)%

Quarterly

12/20/2025

500‌

(4‌)

(1‌)

—‌

(5‌)

Goldman

Sachs

&

Co

Industrial

&

Commercial

Bank

of

China

Ltd/Hong

Kong,

1.63%,

10/28/2026

0.31%

(1.00)%

Quarterly

12/20/2025

3,500‌

(27‌)

(6‌)

—‌

(33‌)

Goldman

Sachs

&

Co

Industrial

&

Commercial

Bank

of

China

Ltd/Hong

Kong,

1.63%,

10/28/2026

0.31%

(1.00)%

Quarterly

12/20/2025

500‌

(3‌)

(2‌)

—‌

(5‌)

Goldman

Sachs

&

Co

Industrial

&

Commercial

Bank

of

China

Ltd/Hong

Kong,

1.63%,

10/28/2026

0.31%

(1.00)%

Quarterly

12/20/2025

7,300‌

(56‌)

(12‌)

—‌

(68‌)

Goldman

Sachs

&

Co

Industrial

&

Commercial

Bank

of

China

Ltd/Hong

Kong,

1.63%,

10/28/2026

0.31%

(1.00)%

Quarterly

12/20/2025

3,350‌

(19‌)

(12‌)

—‌

(31‌)

Total

$

(572‌)

$

(235‌)

$

—‌

$

(807‌)

Amounts

in

thousands.

Exchange

Cleared

Credit

Default

Swaps

Buy

Protection

Reference

Entity

Implied

Credit

Spread

as

of

July

31,

2024

(a)

(Pay)/

Receive

Fixed

Rate

Payment

Frequency

Maturity

Date

Notional

Amount

Upfront

Payments/

(Receipts)

Unrealized

Appreciation/

(Depreciation)

Fair

Value

CDX.NA.HY.42

N/A

(5.00)%

Quarterly

06/20/2029

$

15,800‌

$

(901‌)

$

(169‌)

$

(1,070‌)

ITRX.41

N/A

(5.00)%

Quarterly

06/20/2029

EUR

29,600‌

(2,116‌)

(607‌)

(2,723‌)

Total

$

(3,017‌)

$

(776‌)

$

(3,793‌)

Amounts

in

thousands.

(a)

Implied

credit

spreads,

represented

in

absolute

terms,

used

in

determining

the

fair

value

of

credit

default

swap

agreements

on

corporate

issues

or

sovereign

issues

as

of

period

end

serve

as

an

indicator

of

the

current

status

of

the

payment/performance

risk

and

represent

the

likelihood

or

risk

of

default

for

the

credit

derivative.

The

implied

credit

spread

of

a

particular

referenced

entity

reflects

the

cost

of

buying/selling

protection

and

may

include

upfront

payments

required

to

be

made

to

enter

into

the

agreement.

Wider

credit

spreads

represent

a

deterioration

of

the

referenced

entity's

credit

soundness

and

a

greater

likelihood

or

risk

of

default

or

other

credit

event

occurring

as

defined

under

the

terms

of

the

agreement.

Exchange

Cleared

Interest

Rate

Swaps

Floating

Rate

Index

(Pay)/

Receive

Floating

Rate

Fixed

Rate

Payment

Frequency

Paid

by

Fund

Payment

Frequency

Received

by

Fund

Effective

Date

(a)

Maturity

Date

Notional

Amount

Unrealized

Appreciation/

(Depreciation)

Upfront

Payments/

(Receipts)

Fair

Value

3

Month

KRW

Certificate

of

Deposit

Pay

3.17%

Quarterly

Quarterly

N/A

09/19/2029

KRW

47,000,000‌

$

408‌

$

—‌

$

408‌

3

Month

KRW

Certificate

of

Deposit

Receive

3.17%

Quarterly

Quarterly

N/A

09/19/2029

23,500,000‌

(56‌)

(148‌)

(204‌)

3

Month

KRW

Certificate

of

Deposit

Receive

3.17%

Quarterly

Quarterly

N/A

09/19/2029

23,500,000‌

(36‌)

(168‌)

(204‌)

MXN

TIIE

Banxico

Pay

10.22%

Monthly

Monthly

N/A

06/17/2026

MXN

1,024,000‌

91‌

(12‌)

79‌

MXN

TIIE

Banxico

Pay

10.22%

Monthly

Monthly

N/A

06/17/2026

574,000‌

34‌

11‌

45‌

Total

$

441‌

$

(317‌)

$

124‌

Amounts

in

thousands.

(a)    

Forward

swap.

Schedule

of

Investments

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

89

Total

Return

Swaps

Counterparty

Fund

Pays

Fund

Receives

Payment

Frequency

Expiration

Date

Notional

Amount

Upfront

Payments/(Receipts)

Value

and

Unrealized

Appreciation/(Depreciation

Asset

Liability

Citigroup

Inc

US

Federal

Funds

Effective

Rate

+

0.00%

Nig

eria

Government

Treasury

Bill,

0.00%,

03/12/2025

Maturity

03/11/2025

$

1,550‌

$

—‌

$

37‌

$

—‌

Citigroup

Inc

US

Federal

Funds

Effective

Rate

+

0.00%

Nigeria

Government

Treasury

Bill,

0.00%,

03/13/2025

Maturity

03/18/2025

1,278‌

—‌

69‌

—‌

HSBC

Securities

Inc

Secured

Overnight

Financing

Rate

+

0.60%

Egypt

Treasury

Bill,

0.00%,

03/18/2025

Maturity

03/21/2025

2,116‌

—‌

218‌

—‌

HSBC

Securities

Inc

Secured

Overnight

Financing

Rate

+

0.60%

Egypt

Treasury

Bill,

0.00%,

09/17/2024

Maturity

09/20/2024

2,118‌

—‌

215‌

—‌

HSBC

Securities

Inc

Secured

Overnight

Financing

Rate

+

0.60%

Egypt

Treasury

Bill,

0.00%,

12/17/2024

Maturity

12/20/2024

2,115‌

—‌

169‌

—‌

HSBC

Securities

Inc

US

Federal

Funds

Effective

Rate

+

0.00%

Zambia

Government

Bond,

13.00%,

12/18/2027

Maturity

12/20/2027

1,366‌

—‌

—‌

(67‌)

JPMorgan

Chase

Secured

Overnight

Financing

Rate

+

0.60%

Egypt

Treasury

Bill,

0.00%,

03/04/2025

Maturity

03/07/2025

2,071‌

—‌

85‌

—‌

JPMorgan

Chase

Secured

Overnight

Financing

Rate

+

0.60%

Egypt

Treasury

Bill,

0.00%,

09/27/2024

Maturity

09/27/2024

1,274‌

—‌

69‌

—‌

Total

$

—‌

$

862‌

$

(67‌)

Amounts

in

thousands.

Schedule

of

Investments

Global

Emerging

Markets

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

90

INVESTMENT

COMPANIES

-

1

.85

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

1

.85

%

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b)

4,875,071‌

$

4,875‌

TOTAL

INVESTMENT

COMPANIES

$

4,875‌

COMMON

STOCKS

-

98

.68

%

Shares

Held

Value

(000's)

Aerospace

&

Defense

-

1

.16

%

Korea

Aerospace

Industries

Ltd

48,206‌

$

2,004‌

LIG

Nex1

Co

Ltd

7,198‌

1,046‌

$

3,050‌

Agriculture

-

0

.29

%

Muyuan

Foods

Co

Ltd

(c)

124,400‌

753‌

Automobile

Manufacturers

-

2

.62

%

BYD

Co

Ltd

93,500‌

2,768‌

Kia

Corp

17,456‌

1,432‌

Maruti

Suzuki

India

Ltd

17,213‌

2,701‌

$

6,901‌

Automobile

Parts

&

Equipment

-

0

.74

%

Fuyao

Glass

Industry

Group

Co

Ltd

(d)

185,600‌

970‌

Weichai

Power

Co

Ltd

615,000‌

984‌

$

1,954‌

Banks

-

11

.30

%

Bank

Rakyat

Indonesia

Persero

Tbk

PT

7,809,982‌

2,247‌

China

Construction

Bank

Corp

2,771,000‌

1,935‌

Grupo

Financiero

Banorte

SAB

de

CV

235,400‌

1,768‌

HDFC

Bank

Ltd

239,646‌

4,631‌

ICICI

Bank

Ltd

327,083‌

4,768‌

Kotak

Mahindra

Bank

Ltd

191,784‌

4,155‌

National

Bank

of

Greece

SA

362,559‌

3,183‌

PT

Bank

Central

Asia

Tbk

2,824,100‌

1,788‌

Saudi

National

Bank/The

416,122‌

4,204‌

Vietnam

Technological

&

Commercial

Joint

Stock

Bank

1,199,000‌

1,105‌

$

29,784‌

Beverages

-

2

.25

%

Arca

Continental

SAB

de

CV

142,000‌

1,399‌

China

Resources

Beer

Holdings

Co

Ltd

170,500‌

530‌

Ichitan

Group

PCL

1,987,700‌

899‌

Tsingtao

Brewery

Co

Ltd

138,000‌

882‌

Varun

Beverages

Ltd

117,813‌

2,223‌

$

5,933‌

Building

Materials

-

2

.42

%

Cemex

SAB

de

CV

3,456,614‌

2,219‌

Voltas

Ltd

226,786‌

4,174‌

$

6,393‌

Chemicals

-

0

.28

%

Orbia

Advance

Corp

SAB

de

CV

570,000‌

736‌

Coal

-

0

.41

%

Exxaro

Resources

Ltd

100,522‌

1,077‌

Commercial

Services

-

2

.38

%

Humansoft

Holding

Co

KSC

130,733‌

1,127‌

JSW

Infrastructure

Ltd

451,246‌

1,835‌

Localiza

Rent

a

Car

SA

117,400‌

908‌

Localiza

Rent

a

Car

SA

-

Rights

(c)

1,186‌

3‌

MegaStudyEdu

Co

Ltd

19,192‌

730‌

New

Oriental

Education

&

Technology

Group

Inc

(c)

149,100‌

965‌

Santos

Brasil

Participacoes

SA

305,589‌

713‌

$

6,281‌

Computers

-

1

.46

%

Elm

Co

3,249‌

793‌

Globant

SA

(c)

5,069‌

987‌

Quanta

Computer

Inc

243,000‌

2,070‌

$

3,850‌

Distribution

&

Wholesale

-

0

.68

%

AKR

Corporindo

Tbk

PT

13,717,200‌

1,279‌

Vamos

Locacao

de

Caminhoes

Maquinas

e

Equipamentos

SA

331,929‌

505‌

$

1,784‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Diversified

Financial

Services

-

4

.38

%

Bajaj

Finance

Ltd

22,713‌

$

1,851‌

Banco

BTG

Pactual

SA

232,850‌

1,338‌

CreditAccess

Grameen

Ltd

109,742‌

1,743‌

Fubon

Financial

Holding

Co

Ltd

833,139‌

2,256‌

Intercorp

Financial

Services

Inc

23,443‌

533‌

Jio

Financial

Services

Ltd

(c)

113,477‌

447‌

KB

Financial

Group

Inc

52,080‌

3,367‌

$

11,535‌

Electric

-

1

.44

%

Adani

Energy

Solutions

Ltd

(c)

80,882‌

1,099‌

China

Longyuan

Power

Group

Corp

Ltd

798,000‌

716‌

Emirates

Central

Cooling

Systems

Corp

2,641,968‌

1,187‌

NTPC

Ltd

160,262‌

798‌

$

3,800‌

Electrical

Components

&

Equipment

-

0

.79

%

Delta

Electronics

Inc

162,000‌

2,081‌

Electronics

-

1

.82

%

Advanced

Energy

Solution

Holding

Co

Ltd

33,000‌

529‌

Avalon

Technologies

Ltd

(c),(d)

168,059‌

1,050‌

E

Ink

Holdings

Inc

164,000‌

1,353‌

Lotes

Co

Ltd

15,830‌

682‌

Voltronic

Power

Technology

Corp

21,000‌

1,195‌

$

4,809‌

Engineering

&

Construction

-

1

.45

%

Cury

Construtora

e

Incorporadora

SA

220,500‌

868‌

L&T

Technology

Services

Ltd

(d)

22,096‌

1,382‌

Samsung

E&A

Co

Ltd

(c)

75,175‌

1,570‌

$

3,820‌

Food

-

2

.37

%

Bid

Corp

Ltd

52,599‌

1,311‌

Indofood

Sukses

Makmur

Tbk

PT

1,508,700‌

568‌

LT

Foods

Ltd

293,707‌

1,030‌

Nestle

India

Ltd

43,664‌

1,283‌

SM

Investments

Corp

77,835‌

1,213‌

Want

Want

China

Holdings

Ltd

1,391,000‌

835‌

$

6,240‌

Forest

Products

&

Paper

-

0

.70

%

Suzano

SA

195,200‌

1,848‌

Gas

-

1

.48

%

ENN

Natural

Gas

Co

Ltd

358,379‌

973‌

Indraprastha

Gas

Ltd

448,491‌

2,941‌

$

3,914‌

Healthcare

-

Products

-

0

.55

%

Pegavision

Corp

64,000‌

820‌

Universal

Vision

Biotechnology

Co

Ltd

91,000‌

622‌

$

1,442‌

Healthcare

-

Services

-

0

.61

%

Bangkok

Dusit

Medical

Services

PCL

1,584,600‌

1,167‌

Hygeia

Healthcare

Holdings

Co

Ltd

(c),(d)

163,600‌

441‌

$

1,608‌

Home

Furnishings

-

0

.49

%

Gree

Electric

Appliances

Inc

of

Zhuhai

231,900‌

1,285‌

Insurance

-

3

.30

%

AIA

Group

Ltd

382,600‌

2,559‌

China

Pacific

Insurance

Group

Co

Ltd

714,200‌

1,899‌

Max

Financial

Services

Ltd

(c)

92,616‌

1,232‌

PICC

Property

&

Casualty

Co

Ltd

942,000‌

1,235‌

Qualitas

Controladora

SAB

de

CV

192,100‌

1,773‌

$

8,698‌

Internet

-

13

.38

%

Alibaba

Group

Holding

Ltd

762,824‌

7,506‌

IndiaMart

InterMesh

Ltd

(d)

37,008‌

1,304‌

JD.com

Inc

179,950‌

2,373‌

Meituan

(c),(d)

103,500‌

1,433‌

MercadoLibre

Inc

(c)

679‌

1,133‌

Naspers

Ltd

14,290‌

2,765‌

PDD

Holdings

Inc

ADR

(c)

16,788‌

2,164‌

Tencent

Holdings

Ltd

294,700‌

13,599‌

Schedule

of

Investments

Global

Emerging

Markets

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

91

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Internet

(continued)

Tencent

Music

Entertainment

Group

ADR

93,109‌

$

1,320‌

Tongcheng

Travel

Holdings

Ltd

280,000‌

488‌

Trip.com

Group

Ltd

ADR

(c)

27,642‌

1,176‌

$

35,261‌

Iron

&

Steel

-

0

.38

%

Severstal

PAO

(c)

31,471‌

—‌

Ternium

SA

ADR

28,866‌

1,001‌

$

1,001‌

Leisure

Products

&

Services

-

1

.11

%

Bajaj

Auto

Ltd

13,979‌

1,615‌

Leejam

Sports

Co

JSC

12,516‌

667‌

Yadea

Group

Holdings

Ltd

(d)

480,000‌

647‌

$

2,929‌

Machinery

-

Diversified

-

0

.51

%

WEG

SA

151,100‌

1,350‌

Metal

Fabrication

&

Hardware

-

0

.51

%

APL

Apollo

Tubes

Ltd

75,583‌

1,344‌

Mining

-

2

.31

%

Aluminum

Corp

of

China

Ltd

1,510,000‌

845‌

Gold

Fields

Ltd

126,194‌

2,197‌

Impala

Platinum

Holdings

Ltd

207,152‌

1,064‌

Ivanhoe

Mines

Ltd

(c)

52,700‌

689‌

Polyus

PJSC

(c)

343‌

—‌

Shandong

Gold

Mining

Co

Ltd

(d)

623,500‌

1,292‌

$

6,087‌

Miscellaneous

Manufacturers

-

0

.70

%

Escorts

Kubota

Ltd

21,423‌

1,069‌

Zhuzhou

CRRC

Times

Electric

Co

Ltd

210,600‌

777‌

$

1,846‌

Oil

&

Gas

-

3

.06

%

Geopark

Ltd

102,351‌

1,002‌

PRIO

SA/Brazil

145,900‌

1,239‌

Reliance

Industries

Ltd

86,698‌

3,126‌

Saudi

Arabian

Oil

Co

(d)

203,690‌

1,498‌

Thai

Oil

PCL

848,100‌

1,201‌

$

8,066‌

Pharmaceuticals

-

1

.17

%

Caplin

Point

Laboratories

Ltd

52,591‌

991‌

Grand

Pharmaceutical

Group

Ltd

845,000‌

482‌

Richter

Gedeon

Nyrt

32,914‌

938‌

Simcere

Pharmaceutical

Group

Ltd

(d)

999,000‌

686‌

$

3,097‌

Real

Estate

-

0

.79

%

China

Overseas

Land

&

Investment

Ltd

423,000‌

684‌

China

Resources

Land

Ltd

281,500‌

841‌

Sun

Hung

Kai

Properties

Ltd

63,500‌

550‌

$

2,075‌

Retail

-

2

.58

%

El

Puerto

de

Liverpool

SAB

de

CV

130,458‌

924‌

Jumbo

SA

26,078‌

699‌

Mavi

Giyim

Sanayi

Ve

Ticaret

AS

(d)

453,296‌

1,543‌

Mitra

Adiperkasa

Tbk

PT

8,749,600‌

781‌

Wal-Mart

de

Mexico

SAB

de

CV

549,500‌

1,828‌

Yum

China

Holdings

Inc

33,950‌

1,025‌

$

6,800‌

Semiconductors

-

22

.99

%

Alchip

Technologies

Ltd

16,000‌

1,303‌

ASML

Holding

NV

-

NY

Reg

Shares

1,693‌

1,586‌

ASMPT

Ltd

77,800‌

813‌

ASPEED

Technology

Inc

11,000‌

1,386‌

Hana

Materials

Inc

16,859‌

622‌

MediaTek

Inc

71,000‌

2,704‌

Novatek

Microelectronics

Corp

46,300‌

747‌

Parade

Technologies

Ltd

23,000‌

522‌

Samsung

Electronics

Co

Ltd

262,851‌

16,208‌

SK

Hynix

Inc

31,313‌

4,491‌

Taiwan

Semiconductor

Manufacturing

Co

Ltd

1,035,685‌

30,212‌

$

60,594‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Shipbuilding

-

0

.67

%

Yangzijiang

Shipbuilding

Holdings

Ltd

881,300‌

$

1,777‌

Software

-

1

.03

%

NetEase

Inc

147,025‌

2,712‌

Telecommunications

-

0

.72

%

Accton

Technology

Corp

76,000‌

1,191‌

ZTE

Corp

317,800‌

712‌

$

1,903‌

Textiles

-

0

.22

%

SLC

Agricola

SA

186,806‌

593‌

Transportation

-

0

.59

%

Blue

Dart

Express

Ltd

8,371‌

818‌

Tsakos

Energy

Navigation

Ltd

28,354‌

735‌

$

1,553‌

Water

-

0

.59

%

Cia

de

Saneamento

Basico

do

Estado

de

Sao

Paulo

SABESP

100,300‌

1,561‌

TOTAL

COMMON

STOCKS

$

260,125‌

PREFERRED

STOCKS

-

1

.62

%

Shares

Held

Value

(000's)

Automobile

Manufacturers

-

0

.58

%

Hyundai

Motor

Co

16,666.67%

12,603‌

$

1,532‌

Diversified

Financial

Services

-

0

.01

%

Fubon

Financial

Holding

Co

Ltd

1.80%

20,961‌

32‌

Oil

&

Gas

-

1

.03

%

Petroleo

Brasileiro

SA

1.79%

411,800‌

2,713‌

TOTAL

PREFERRED

STOCKS

$

4,277‌

Total

Investments

$

269,277‌

Other

Assets

and

Liabilities

-  (2.15)%

(

5,658‌

)

TOTAL

NET

ASSETS

-

100.00%

$

263,619‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

1-day

yield

shown

is

as

of

period

end.

(c)

Non-income

producing

security

(d)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$12,246

or

4.65%

of

net

assets.

Schedule

of

Investments

Global

Emerging

Markets

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

92

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

8,768‌

$

66,690‌

$

70,583‌

$

4,875‌

$

8,768‌

$

66,690‌

$

70,583‌

$

4,875‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

179‌

$

—‌

$

—‌

$

—‌

$

179‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Schedule

of

Investments

Global

Real

Estate

Securities

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

93

INVESTMENT

COMPANIES

-

0

.52

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

0

.52

%

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b)

9,538,360‌

$

9,538‌

TOTAL

INVESTMENT

COMPANIES

$

9,538‌

COMMON

STOCKS

-

99

.28

%

Shares

Held

Value

(000's)

Engineering

&

Construction

-

0

.54

%

Cellnex

Telecom

SA

-

Rights

(c),(d)

287,600‌

$

10,030‌

Entertainment

-

0

.37

%

Marriott

Vacations

Worldwide

Corp

79,979‌

6,765‌

Real

Estate

-

9

.47

%

Fastighets

AB

Balder

(c)

1,970,021‌

14,528‌

Mitsubishi

Estate

Co

Ltd

1,705,500‌

29,068‌

Mitsui

Fudosan

Co

Ltd

4,698,679‌

48,678‌

Sun

Hung

Kai

Properties

Ltd

2,129,500‌

18,438‌

Vonovia

SE

1,306,887‌

40,070‌

Wharf

Real

Estate

Investment

Co

Ltd

2,191,000‌

5,386‌

Wihlborgs

Fastigheter

AB

1,828,391‌

18,520‌

$

174,688‌

REITs

-

88

.39

%

Advance

Residence

Investment

Corp

1,885‌

3,955‌

Agree

Realty

Corp

253,815‌

17,506‌

Alexandria

Real

Estate

Equities

Inc

321,687‌

37,731‌

Allied

Properties

Real

Estate

Investment

Trust

882,094‌

10,574‌

American

Homes

4

Rent

1,152,761‌

41,603‌

American

Tower

Corp

166,084‌

36,605‌

Americold

Realty

Trust

Inc

1,053,346‌

31,484‌

AvalonBay

Communities

Inc

329,120‌

67,443‌

Big

Yellow

Group

PLC

575,307‌

8,947‌

Broadstone

Net

Lease

Inc

1,074,470‌

18,706‌

Canadian

Apartment

Properties

REIT

471,341‌

16,387‌

CapitaLand

Integrated

Commercial

Trust

11,472,118‌

17,920‌

COPT

Defense

Properties

190,267‌

5,512‌

Cousins

Properties

Inc

555,594‌

15,284‌

Daiwa

House

REIT

Investment

Corp

6,855‌

11,032‌

Digital

Realty

Trust

Inc

234,717‌

35,088‌

Equinix

Inc

125,346‌

99,053‌

Equity

Residential

535,815‌

37,309‌

Essex

Property

Trust

Inc

112,451‌

31,302‌

Extra

Space

Storage

Inc

437,337‌

69,808‌

Gaming

and

Leisure

Properties

Inc

483,071‌

24,250‌

Gecina

SA

129,223‌

12,811‌

GLP

J-Reit

12,534‌

10,981‌

Goodman

Group

2,617,115‌

60,419‌

Healthcare

Realty

Trust

Inc

824,523‌

14,586‌

InterRent

Real

Estate

Investment

Trust

833,920‌

7,701‌

Invincible

Investment

Corp

18,448‌

8,356‌

Invitation

Homes

Inc

1,476,546‌

52,078‌

Japan

Hotel

REIT

Investment

Corp

22,410‌

11,447‌

Kilroy

Realty

Corp

325,767‌

12,044‌

Klepierre

SA

993,419‌

28,446‌

Lineage

Inc

(c)

90,437‌

7,948‌

Link

REIT

6,504,944‌

27,444‌

Mapletree

Industrial

Trust

9,893,000‌

17,165‌

Mapletree

Logistics

Trust

12,431,911‌

12,053‌

Merlin

Properties

Socimi

SA

1,644,633‌

18,781‌

National

Storage

REIT

6,804,117‌

11,042‌

Nippon

Accommodations

Fund

Inc

1,232‌

5,272‌

Nippon

Building

Fund

Inc

3,875‌

14,955‌

Nippon

Prologis

REIT

Inc

5,636‌

9,312‌

NNN

REIT

Inc

421,434‌

18,918‌

Prologis

Inc

734,430‌

92,575‌

Prologis

Property

Mexico

SA

de

CV

1,156,093‌

3,862‌

Regency

Centers

Corp

534,789‌

36,013‌

Retail

Opportunity

Investments

Corp

997,672‌

14,915‌

Rexford

Industrial

Realty

Inc

772,801‌

38,725‌

Ryman

Hospitality

Properties

Inc

190,168‌

19,114‌

Sabra

Health

Care

REIT

Inc

1,342,697‌

21,792‌

Safestore

Holdings

PLC

1,367,794‌

14,213‌

Saul

Centers

Inc

78,205‌

3,093‌

Scentre

Group

3,385,076‌

7,719‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

REITs

(continued)

Segro

PLC

3,806,183‌

$

44,801‌

Sekisui

House

Reit

Inc

21,719‌

11,477‌

Stockland

8,692,356‌

26,254‌

Sun

Communities

Inc

262,028‌

33,207‌

Terreno

Realty

Corp

216,933‌

14,840‌

Unibail-Rodamco-Westfield

213,669‌

15,978‌

UNITE

Group

PLC/The

1,430,977‌

17,540‌

Ventas

Inc

1,286,919‌

70,060‌

VICI

Properties

Inc

1,676,926‌

52,421‌

Welltower

Inc

842,305‌

93,706‌

$

1,631,563‌

Telecommunications

-

0

.51

%

NEXTDC

Ltd

(c)

857,489‌

9,443‌

TOTAL

COMMON

STOCKS

$

1,832,489‌

Total

Investments

$

1,842,027‌

Other

Assets

and

Liabilities

-  0.20%

3,781‌

TOTAL

NET

ASSETS

-

100.00%

$

1,845,808‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

1-day

yield

shown

is

as

of

period

end.

(c)

Non-income

producing

security

(d)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$10,030

or

0.54%

of

net

assets.

Schedule

of

Investments

Global

Real

Estate

Securities

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

94

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

2‌

$

275,794‌

$

266,258‌

$

9,538‌

$

2‌

$

275,794‌

$

266,258‌

$

9,538‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

434‌

$

—‌

$

—‌

$

—‌

$

434‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Schedule

of

Investments

Government

&

High

Quality

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

95

INVESTMENT

COMPANIES

-

0

.74

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

0

.74

%

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b)

5,105,369‌

$

5,105‌

TOTAL

INVESTMENT

COMPANIES

$

5,105‌

BONDS

-

31

.33

%

Principal

Amount

(000's)

Value

(000's)

Automobile

Asset

Backed

Securities

-

11

.29

%

Americredit

Automobile

Receivables

Trust

2023-1

5.84%,

10/19/2026

$

417‌

$

417‌

AmeriCredit

Automobile

Receivables

Trust

2023-2

6.19%,

04/19/2027

3,281‌

3,292‌

AmeriCredit

Automobile

Receivables

Trust

2024-1

5.75%,

02/18/2028

3,000‌

3,004‌

BMW

Vehicle

Owner

Trust

2024-A

5.42%,

02/25/2027

6,500‌

6,515‌

BofA

Auto

Trust

2024-1

5.57%,

12/15/2026

(c)

4,570‌

4,580‌

Carmax

Auto

Owner

Trust

2024-3

5.21%,

09/15/2027

5,200‌

5,205‌

Chase

Auto

Owner

Trust

2024-1

5.48%,

04/26/2027

(c)

5,202‌

5,205‌

Chase

Auto

Owner

Trust

2024-4

5.25%,

09/27/2027

(c)

5,550‌

5,552‌

Drive

Auto

Receivables

Trust

2024-1

5.83%,

12/15/2026

2,294‌

2,296‌

GM

Financial

Automobile

Leasing

Trust

2023-3

5.79%,

01/20/2026

3,105‌

3,105‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.45%

GM

Financial

Automobile

Leasing

Trust

2024-1

5.18%,

06/22/2026

4,831‌

4,828‌

Mercedes-Benz

Auto

Lease

Trust

2024-A

5.44%,

02/16/2027

4,755‌

4,770‌

Santander

Drive

Auto

Receivables

Trust

2022-7

5.75%,

04/15/2027

4,127‌

4,128‌

Santander

Drive

Auto

Receivables

Trust

2024-1

5.71%,

02/16/2027

2,047‌

2,048‌

Santander

Drive

Auto

Receivables

Trust

2024-2

5.80%,

09/15/2027

4,366‌

4,371‌

SBNA

Auto

Lease

Trust

2024-B

5.67%,

11/20/2026

(c)

5,925‌

5,941‌

SBNA

Auto

Receivables

Trust

2024-A

5.70%,

03/15/2027

(c)

4,779‌

4,778‌

Tesla

Electric

Vehicle

Trust

2023-1

5.54%,

12/21/2026

(c)

4,300‌

4,302‌

Toyota

Auto

Receivables

2023-C

Owner

Trust

5.60%,

08/17/2026

3,362‌

3,364‌

$

77,701‌

Credit

Card

Asset

Backed

Securities

-

9

.25

%

American

Express

Credit

Account

Master

Trust

0.90%,

11/15/2026

6,144‌

6,062‌

3.39%,

05/15/2027

6,600‌

6,509‌

BA

Credit

Card

Trust

3.53%,

11/15/2027

5,000‌

4,931‌

Barclays

Dryrock

Issuance

Trust

0.63%,

07/15/2027

2,935‌

2,918‌

3.07%,

02/15/2028

5,635‌

5,546‌

Capital

One

Multi-Asset

Execution

Trust

1.04%,

11/15/2026

7,500‌

7,405‌

2.80%,

03/15/2027

7,100‌

6,992‌

3.49%,

05/15/2027

6,701‌

6,611‌

Discover

Card

Execution

Note

Trust

1.96%,

02/15/2027

4,000‌

3,928‌

3.32%,

05/15/2027

5,931‌

5,846‌

3.56%,

07/15/2027

7,050‌

6,948‌

$

63,696‌

Mortgage

Backed

Securities

-

8

.78

%

Citigroup

Mortgage

Loan

Trust

2015-PS1

5.25%,

09/25/2042

(c),(d)

3,233‌

3,188‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Mortgage

Backed

Securities

(continued)

CSMC

Trust

2015-1

3.90%,

01/25/2045

(c),(d)

$

2,453‌

$

2,325‌

Fannie

Mae

Interest

Strip

3.50%,

12/25/2043

(d),(e)

1,408‌

192‌

Fannie

Mae

REMICS

0.54%,

09/25/2046

(e)

11,042‌

1,245‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.89%

0.54%,

10/25/2049

(e)

11,689‌

1,434‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.89%

0.54%,

05/25/2050

(e)

13,161‌

1,511‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.89%

0.59%,

08/25/2049

(e)

18,387‌

2,071‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.94%

0.59%,

09/25/2049

(e)

5,088‌

604‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.94%

0.59%,

11/25/2049

(e)

8,683‌

1,040‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.94%

0.60%,

06/25/2045

(e)

4,260‌

215‌

1.00

x

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

0.00%

0.61%,

06/25/2050

(e)

7,576‌

902‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.96%

0.69%,

09/25/2047

(e)

16,640‌

2,102‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

6.04%

1.24%,

12/25/2042

(e)

6,639‌

920‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

6.59%

2.50%,

02/25/2028

(e)

2,001‌

58‌

3.00%,

07/25/2032

(e)

3,135‌

200‌

3.00%,

10/25/2040

(e)

1,049‌

25‌

3.00%,

04/25/2042

541‌

523‌

3.00%,

05/25/2048

767‌

671‌

3.00%,

01/25/2051

(e)

11,473‌

1,942‌

3.50%,

02/25/2036

(e)

2,179‌

189‌

3.50%,

02/25/2043

(e)

894‌

18‌

3.50%,

02/25/2043

137‌

135‌

3.50%,

07/25/2043

(e)

3,311‌

229‌

3.50%,

08/25/2045

719‌

710‌

7.00%,

04/25/2032

266‌

275‌

Freddie

Mac

REMICS

0.59%,

09/25/2049

(e)

16,806‌

2,076‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.94%

0.59%,

10/25/2049

(e)

13,340‌

1,550‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.94%

0.59%,

11/25/2049

(e)

5,810‌

709‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.94%

0.59%,

03/25/2050

(e)

9,881‌

1,132‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.94%

0.64%,

08/25/2050

(e)

8,136‌

999‌

(1.00)

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

5.99%

3.00%,

04/15/2046

796‌

734‌

4.00%,

11/15/2042

(e)

1,304‌

180‌

4.00%,

11/15/2045

553‌

534‌

6.50%,

08/15/2027

9‌

9‌

Schedule

of

Investments

Government

&

High

Quality

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

96

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Mortgage

Backed

Securities

(continued)

Ginnie

Mae

0.64%,

03/20/2044

(e)

$

4,238‌

$

435‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.99%

0.64%,

06/20/2046

(e)

1,962‌

240‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.99%

0.64%,

08/20/2047

(e)

10,423‌

1,266‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.99%

0.74%,

10/20/2045

(e)

4,494‌

546‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.09%

0.74%,

11/20/2047

(e)

3,225‌

423‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.09%

0.84%,

08/20/2050

(e)

11,394‌

1,579‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.19%

0.84%,

07/20/2051

(e)

8,162‌

1,120‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.19%

0.84%,

08/20/2051

(e)

9,446‌

1,289‌

(1.00)

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.19%

3.00%,

07/20/2050

(e)

6,495‌

927‌

3.00%,

11/20/2050

(e)

11,502‌

1,813‌

3.00%,

11/20/2050

(e)

18,193‌

2,879‌

3.00%,

12/20/2050

(e)

7,399‌

1,172‌

3.50%,

10/20/2049

(e)

10,952‌

1,960‌

4.00%,

04/20/2044

(e)

1,325‌

84‌

4.00%,

01/20/2046

(e)

1,228‌

59‌

JP

Morgan

Mortgage

Trust

2016-4

3.50%,

10/25/2046

(c),(d)

606‌

545‌

New

Residential

Mortgage

Loan

Trust

2015-2

5.36%,

08/25/2055

(c),(d)

3,024‌

2,941‌

NRP

Mortgage

Trust

2013-1

3.28%,

07/25/2043

(c),(d)

1,881‌

1,476‌

Sequoia

Mortgage

Trust

2013-2

3.64%,

02/25/2043

(d)

895‌

863‌

Sequoia

Mortgage

Trust

2017-3

3.76%,

04/25/2047

(c),(d)

1,810‌

1,671‌

Sequoia

Mortgage

Trust

2017-5

3.50%,

08/25/2047

(c),(d)

189‌

169‌

Sequoia

Mortgage

Trust

2024-5

6.00%,

06/25/2054

(c),(d)

6,322‌

6,346‌

$

60,450‌

Other

Asset

Backed

Securities

-

2

.01

%

MMAF

Equipment

Finance

LLC

2019-B

2.07%,

07/13/2026

(c)

3,384‌

3,334‌

Verizon

Master

Trust

1.53%,

07/20/2028

6,775‌

6,651‌

4.89%,

04/13/2028

3,900‌

3,889‌

$

13,874‌

TOTAL

BONDS

$

215,721‌

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

-

91

.96

%

Principal

Amount

(000's)

Value

(000's)

Federal

Home

Loan

Mortgage

Corporation

(FHLMC)

-

5

.40

%

3.00%,

04/01/2035

$

705‌

$

666‌

3.00%,

03/01/2037

1,561‌

1,462‌

3.00%,

10/01/2042

2,837‌

2,578‌

3.00%,

05/01/2043

1,040‌

944‌

3.00%,

07/01/2045

2,574‌

2,319‌

3.00%,

10/01/2046

3,714‌

3,340‌

3.50%,

11/01/2026

265‌

259‌

3.50%,

02/01/2032

1,021‌

989‌

3.50%,

04/01/2032

976‌

946‌

3.50%,

04/01/2042

2,390‌

2,240‌

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Federal

Home

Loan

Mortgage

Corporation

(FHLMC)

(continued)

3.50%,

07/01/2042

$

3,013‌

$

2,824‌

3.50%,

08/01/2043

1,977‌

1,853‌

3.50%,

02/01/2044

2,055‌

1,923‌

3.50%,

11/01/2046

1,779‌

1,652‌

4.00%,

12/01/2041

1,729‌

1,681‌

4.00%,

07/01/2042

1,442‌

1,402‌

4.00%,

09/15/2042

497‌

483‌

4.00%,

10/01/2045

3,044‌

2,954‌

4.50%,

04/01/2041

1,813‌

1,801‌

5.00%,

10/01/2025

3‌

3‌

5.00%,

12/01/2032

8‌

8‌

5.00%,

02/01/2033

106‌

107‌

5.00%,

01/01/2034

1,124‌

1,137‌

5.00%,

05/01/2034

21‌

23‌

5.00%,

07/01/2035

11‌

11‌

5.00%,

10/01/2035

2‌

2‌

5.00%,

11/01/2035

106‌

107‌

5.00%,

07/01/2044

908‌

921‌

5.00%,

03/01/2048

1,722‌

1,733‌

5.50%,

10/01/2033

5‌

5‌

5.50%,

12/01/2033

93‌

95‌

5.50%,

07/01/2037

6‌

6‌

5.50%,

04/01/2038

2‌

3‌

5.50%,

05/01/2038

10‌

10‌

6.00%,

05/01/2031

24‌

24‌

6.00%,

02/01/2032

5‌

5‌

6.00%,

11/01/2033

120‌

123‌

6.00%,

09/01/2034

20‌

20‌

6.00%,

02/01/2035

10‌

10‌

6.00%,

10/01/2036

14‌

14‌

6.00%,

03/01/2037

36‌

37‌

6.00%,

05/01/2037

54‌

57‌

6.00%,

03/01/2038

19‌

20‌

6.00%,

04/01/2038

29‌

30‌

6.00%,

07/01/2038

52‌

53‌

6.00%,

10/01/2038

27‌

28‌

6.50%,

03/01/2029

8‌

8‌

6.50%,

04/01/2031

22‌

23‌

6.50%,

10/01/2031

16‌

16‌

6.50%,

02/01/2032

2‌

3‌

6.50%,

04/01/2032

2‌

4‌

7.00%,

01/01/2028

36‌

38‌

7.00%,

06/01/2029

16‌

16‌

7.00%,

04/01/2031

13‌

13‌

7.00%,

10/01/2031

30‌

31‌

7.00%,

04/01/2032

44‌

46‌

7.50%,

12/01/2030

2‌

2‌

7.50%,

02/01/2031

2‌

2‌

8.50%,

07/01/2029

42‌

42‌

$

37,152‌

Federal

National

Mortgage

Association

(FNMA)

-

0

.42

%

3.00%,

04/01/2043

2,619‌

2,346‌

5.50%,

05/01/2033

33‌

33‌

5.94%,

12/01/2033

12‌

12‌

1.00

x

Refinitiv

USD

IBOR

Consumer

Cash

Fallback

12-Month

+

1.69%

6.00%,

01/01/2032

49‌

49‌

6.00%,

04/01/2033

59‌

59‌

6.00%,

09/01/2034

129‌

130‌

6.50%,

06/01/2031

23‌

24‌

6.50%,

11/01/2032

144‌

145‌

6.50%,

11/01/2032

54‌

54‌

7.00%,

08/01/2028

11‌

12‌

7.00%,

12/01/2028

16‌

16‌

7.00%,

07/01/2029

11‌

11‌

7.00%,

07/01/2032

12‌

11‌

7.50%,

12/01/2024

3‌

3‌

Schedule

of

Investments

Government

&

High

Quality

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

97

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Federal

National

Mortgage

Association

(FNMA)

(continued)

7.50%,

02/01/2030

$

4‌

$

4‌

$

2,909‌

Federal

National

Mortgage

Association

(FNMA)/Federal

Home

Loan

Mortgage

Corporation

(FHLMC)

Uniform

Mortgage-Backed

Security

-

57

.82

%

2.00%,

03/01/2051

11,982‌

9,836‌

2.00%,

11/01/2051

3,838‌

3,097‌

2.00%,

11/01/2051

9,905‌

8,110‌

2.00%,

12/01/2051

16,596‌

13,583‌

2.00%,

12/01/2051

17,053‌

13,957‌

2.00%,

01/01/2052

14,256‌

11,622‌

2.00%,

01/01/2052

11,352‌

9,314‌

2.00%,

02/01/2052

10,915‌

9,033‌

2.00%,

02/01/2052

13,440‌

10,980‌

2.50%,

02/01/2051

7,648‌

6,566‌

2.50%,

07/01/2051

11,217‌

9,542‌

2.50%,

10/01/2051

11,726‌

9,942‌

2.50%,

11/01/2051

5,635‌

4,810‌

2.50%,

12/01/2051

5,850‌

4,988‌

2.50%,

12/01/2051

12,672‌

10,909‌

2.50%,

01/01/2052

12,134‌

10,406‌

2.50%,

02/01/2052

11,760‌

10,020‌

3.00%,

08/01/2031

2,264‌

2,174‌

3.00%,

10/01/2036

2,378‌

2,220‌

3.00%,

01/01/2043

2,337‌

2,119‌

3.00%,

07/01/2045

1,097‌

986‌

3.00%,

01/01/2046

2,407‌

2,165‌

3.00%,

07/01/2046

2,657‌

2,381‌

3.00%,

10/01/2046

3,092‌

2,772‌

3.00%,

12/01/2046

3,297‌

2,952‌

3.00%,

07/01/2050

5,224‌

4,629‌

3.00%,

08/01/2050

4,250‌

3,766‌

3.00%,

09/01/2050

6,872‌

6,109‌

3.00%,

03/01/2052

3,644‌

3,227‌

3.50%,

08/01/2031

1,269‌

1,236‌

3.50%,

06/01/2039

1,206‌

1,142‌

3.50%,

06/01/2042

942‌

881‌

3.50%,

11/01/2042

1,856‌

1,738‌

3.50%,

02/01/2043

887‌

831‌

3.50%,

05/01/2043

1,292‌

1,209‌

3.50%,

03/01/2045

1,931‌

1,804‌

3.50%,

09/01/2045

1,871‌

1,747‌

3.50%,

11/01/2048

6,269‌

5,855‌

3.50%,

12/01/2049

995‌

922‌

3.50%,

03/01/2050

7,775‌

7,299‌

4.00%,

01/01/2034

376‌

369‌

4.00%,

10/01/2037

1,574‌

1,538‌

4.00%,

09/01/2040

804‌

776‌

4.00%,

02/01/2042

777‌

753‌

4.00%,

03/01/2043

1,171‌

1,131‌

4.00%,

08/01/2044

1,517‌

1,472‌

4.00%,

11/01/2044

1,226‌

1,189‌

4.00%,

07/01/2045

2,008‌

1,949‌

4.00%,

08/01/2045

2,231‌

2,165‌

4.00%,

08/01/2046

3,514‌

3,380‌

4.00%,

07/01/2047

3,262‌

3,155‌

4.00%,

02/01/2048

2,791‌

2,683‌

4.00%,

07/01/2052

2,671‌

2,503‌

4.50%,

09/01/2025

50‌

49‌

4.50%,

08/01/2039

1,010‌

1,002‌

4.50%,

10/01/2044

1,414‌

1,403‌

4.50%,

12/01/2044

2,969‌

2,947‌

4.50%,

05/01/2045

1,363‌

1,351‌

4.50%,

09/01/2045

1,765‌

1,745‌

4.50%,

10/01/2045

2,593‌

2,574‌

4.50%,

11/01/2045

3,506‌

3,465‌

5.00%,

01/01/2026

3‌

3‌

5.00%,

04/01/2035

58‌

58‌

5.00%,

05/01/2035

21‌

22‌

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Federal

National

Mortgage

Association

(FNMA)/Federal

Home

Loan

Mortgage

Corporation

(FHLMC)

Uniform

Mortgage-Backed

Security

(continued)

5.00%,

07/01/2035

$

8‌

$

8‌

5.00%,

02/01/2038

848‌

857‌

5.00%,

03/01/2038

462‌

468‌

5.00%,

02/01/2040

2,321‌

2,373‌

5.00%,

05/01/2040

935‌

947‌

5.00%,

07/01/2040

500‌

504‌

5.00%,

07/01/2041

2,470‌

2,502‌

5.00%,

02/01/2044

1,172‌

1,183‌

5.00%,

06/01/2044

1,086‌

1,100‌

5.00%,

05/01/2048

1,854‌

1,864‌

5.00%,

09/01/2052

4,528‌

4,497‌

5.00%,

08/01/2054

(f)

17,550‌

17,282‌

5.50%,

06/01/2026

5‌

5‌

5.50%,

07/01/2033

179‌

181‌

5.50%,

12/01/2037

350‌

356‌

5.50%,

03/01/2038

69‌

70‌

5.50%,

07/01/2053

6,274‌

6,414‌

5.50%,

11/01/2053

6,435‌

6,486‌

5.50%,

11/01/2053

6,245‌

6,289‌

5.50%,

08/01/2054

(f)

27,825‌

27,868‌

6.00%,

03/01/2029

9‌

9‌

6.00%,

11/01/2032

4‌

7‌

6.00%,

11/01/2037

9‌

9‌

6.00%,

02/01/2038

29‌

30‌

6.00%,

03/01/2038

25‌

25‌

6.00%,

04/01/2039

137‌

141‌

6.00%,

08/01/2054

(f)

48,650‌

49,340‌

6.50%,

08/01/2028

5‌

5‌

6.50%,

03/01/2029

10‌

10‌

6.50%,

06/01/2031

42‌

43‌

6.50%,

01/01/2032

21‌

21‌

6.50%,

04/01/2032

3‌

3‌

6.50%,

08/01/2032

26‌

27‌

6.50%,

02/01/2033

35‌

36‌

6.50%,

04/01/2036

2‌

2‌

6.50%,

08/01/2036

14‌

15‌

6.50%,

08/01/2036

7‌

7‌

6.50%,

10/01/2036

12‌

12‌

6.50%,

11/01/2036

6‌

7‌

6.50%,

07/01/2037

8‌

8‌

6.50%,

08/01/2037

112‌

117‌

6.50%,

08/01/2037

12‌

12‌

6.50%,

02/01/2038

10‌

10‌

6.50%,

08/01/2054

(f)

12,000‌

12,306‌

7.00%,

11/01/2031

27‌

27‌

7.50%,

08/01/2032

4‌

4‌

$

398,048‌

Government

National

Mortgage

Association

(GNMA)

-

26

.79

%

2.00%,

08/20/2050

3,795‌

3,152‌

2.00%,

02/20/2051

10,840‌

8,988‌

2.50%,

06/20/2050

15,179‌

13,112‌

3.00%,

11/15/2042

1,252‌

1,144‌

3.00%,

12/15/2042

1,537‌

1,404‌

3.00%,

02/15/2043

2,215‌

2,024‌

3.00%,

08/20/2046

3,220‌

2,919‌

3.00%,

09/20/2046

3,203‌

2,850‌

3.00%,

11/20/2046

1,854‌

1,650‌

3.00%,

02/20/2047

2,599‌

2,351‌

3.00%,

08/20/2047

1,528‌

1,381‌

3.00%,

11/15/2047

3,793‌

3,489‌

3.50%,

08/20/2042

1,581‌

1,463‌

3.50%,

05/15/2043

2,703‌

2,548‌

3.50%,

06/20/2043

1,972‌

1,825‌

3.50%,

08/15/2043

2,485‌

2,337‌

3.50%,

04/20/2045

1,328‌

1,234‌

3.50%,

02/20/2047

1,080‌

1,008‌

3.50%,

10/20/2047

1,802‌

1,681‌

Schedule

of

Investments

Government

&

High

Quality

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

98

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Government

National

Mortgage

Association

(GNMA)

(continued)

3.50%,

11/20/2047

$

1,769‌

$

1,689‌

4.00%,

08/15/2041

1,078‌

1,041‌

4.00%,

09/15/2041

2,289‌

2,198‌

4.00%,

03/15/2044

1,477‌

1,425‌

4.00%,

01/20/2048

6,669‌

6,362‌

4.50%,

08/20/2048

1,394‌

1,366‌

4.50%,

09/20/2052

6,121‌

5,937‌

5.00%,

10/15/2039

940‌

954‌

5.00%,

12/20/2052

8,527‌

8,448‌

5.00%,

04/20/2053

14,007‌

13,847‌

5.00%,

08/20/2054

(f)

15,600‌

15,425‌

5.50%,

07/20/2033

324‌

331‌

5.50%,

03/20/2034

347‌

359‌

5.50%,

05/20/2035

34‌

35‌

5.50%,

03/20/2053

7,175‌

7,198‌

5.50%,

08/20/2053

14,360‌

14,405‌

5.50%,

08/20/2054

(f)

9,000‌

9,027‌

6.00%,

04/20/2026

5‌

6‌

6.00%,

02/20/2029

12‌

14‌

6.00%,

02/15/2033

5‌

6‌

6.00%,

07/20/2033

263‌

270‌

6.00%,

08/15/2038

25‌

26‌

6.00%,

08/20/2054

(f)

29,700‌

30,048‌

6.50%,

03/20/2031

15‌

15‌

6.50%,

04/20/2031

12‌

13‌

6.50%,

10/15/2031

4‌

6‌

6.50%,

05/20/2034

202‌

207‌

6.50%,

08/20/2054

(f)

6,975‌

7,105‌

7.00%,

10/15/2027

3‌

4‌

7.00%,

06/15/2028

34‌

34‌

7.00%,

12/15/2028

11‌

11‌

7.00%,

01/15/2029

18‌

18‌

7.00%,

03/15/2029

11‌

11‌

7.00%,

04/15/2029

39‌

39‌

7.00%,

05/15/2031

2‌

2‌

7.50%,

08/15/2029

6‌

8‌

7.50%,

10/15/2029

9‌

9‌

8.00%,

12/15/2030

2‌

2‌

$

184,461‌

U.S.

Treasury

Bill

-

1

.53

%

5.24%,

11/29/2024

(g)

4,150‌

4,080‌

5.33%,

09/24/2024

(g)

6,468‌

6,417‌

$

10,497‌

TOTAL

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

$

633,067‌

Total

Investments

$

853,893‌

Other

Assets

and

Liabilities

-  (24.03)%

(

165,441‌

)

TOTAL

NET

ASSETS

-

100.00%

$

688,452‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

1-day

yield

shown

is

as

of

period

end.

(c)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$52,353

or

7.60%

of

net

assets.

(d)

Certain

variable

rate

securities

are

not

based

on

a

published

reference

rate

and

spread

but

are

determined

by

the

issuer

or

agent

and

are

based

on

current

market

conditions.  These

securities

do

not

indicate

a

reference

rate

and

spread

in

their

description.

Rate

shown

is

the

rate

in

effect

as

of

period

end.

(e)

Security

is

an

Interest

Only

Strip.

(f)

Security

was

purchased

in

a

"to-be-announced"

("TBA")

transaction.

(g)

Rate

shown

is

the

discount

rate

of

the

original

purchase.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

3,773‌

$

202,036‌

$

200,704‌

$

5,105‌

$

3,773‌

$

202,036‌

$

200,704‌

$

5,105‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

439‌

$

—‌

$

—‌

$

—‌

$

439‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Schedule

of

Investments

Government

&

High

Quality

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

99

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

US

10

Year

Note;

September

2024

Short

62‌

$

6,932‌

$

(

198‌

)

US

5

Year

Note;

September

2024

Short

333‌

35,928‌

(

755‌

)

US

Long

Bond;

September

2024

Long

161‌

19,446‌

779‌

Total

$

(

174‌

)

Amounts

in

thousands

except

contracts.

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

100

INVESTMENT

COMPANIES

-

6

.08

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

6

.08

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

16,066,892‌

$

16,067‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b),(c)

217,883,435‌

217,884‌

$

233,951‌

TOTAL

INVESTMENT

COMPANIES

$

233,951‌

COMMON

STOCKS

-

0

.22

%

Shares

Held

Value

(000's)

Distribution

&

Wholesale

-

0

.04

%

ATD

New

Holdings

Inc

(d)

101,514‌

$

1,452‌

Electric

-

0

.00

%

Vistra

Energy

Corp

-

Rights

(d),(e)

164,087‌

—‌

Healthcare

-

Services

-

0

.01

%

Sound

Inpatient

Physicians

Inc

-

Class

A

(d),(e)

3,719,963‌

223‌

Sound

Inpatient

Physicians

Inc

-

Class

A2

(d),(e)

173,273‌

174‌

$

397‌

Mining

-

0

.06

%

Arctic

Canadian

Diamond

Co

Ltd

(d),(e),(f)

5,247‌

1,251‌

Burgundy

Diamond

Mines

Ltd

(d)

9,531,558‌

1,029‌

$

2,280‌

Miscellaneous

Manufacturers

-

0

.11

%

Utex

Industries

111,195‌

4,188‌

Utex

Industries

-

Warrants

(d),(e)

51,625‌

5‌

$

4,193‌

Oil

&

Gas

-

0

.00

%

Sabine

Oil

&

Gas

Holdings

Inc

(d),(e)

246‌

—‌

Software

-

0

.00

%

Skillsoft

Corp

(d)

9,468‌

163‌

Telecommunications

-

0

.00

%

Goodman

Networks

Inc

(d),(e)

15,207‌

—‌

TOTAL

COMMON

STOCKS

$

8,485‌

PREFERRED

STOCKS

-

0

.00

%

Shares

Held

Value

(000's)

Telecommunications

-

0

.00

%

Goodman

Networks

Inc

0.00%

(d),(e)

18,092‌

$

—‌

TOTAL

PREFERRED

STOCKS

$

—‌

BONDS

-

89

.28

%

Principal

Amount

(000's)

Value

(000's)

Advertising

-

1

.44

%

Advantage

Sales

&

Marketing

Inc

6.50%,

11/15/2028

(g)

$

905‌

$

830‌

Clear

Channel

Outdoor

Holdings

Inc

5.13%,

08/15/2027

(g)

1,528‌

1,480‌

7.50%,

06/01/2029

(g)

1,340‌

1,151‌

7.75%,

04/15/2028

(g)

1,200‌

1,060‌

7.88%,

04/01/2030

(g)

12,680‌

12,904‌

9.00%,

09/15/2028

(g)

2,540‌

2,697‌

CMG

Media

Corp

8.88%,

12/15/2027

(g)

1,333‌

777‌

Lamar

Media

Corp

3.63%,

01/15/2031

775‌

689‌

3.75%,

02/15/2028

661‌

623‌

4.00%,

02/15/2030

1,728‌

1,594‌

4.88%,

01/15/2029

1,180‌

1,145‌

Neptune

Bidco

US

Inc

9.29%,

04/15/2029

(g)

4,240‌

4,152‌

Outfront

Media

Capital

LLC

/

Outfront

Media

Capital

Corp

4.25%,

01/15/2029

(g)

9,770‌

9,059‌

4.63%,

03/15/2030

(g)

5,355‌

4,920‌

5.00%,

08/15/2027

(g),(h)

9,931‌

9,705‌

7.38%,

02/15/2031

(g)

610‌

639‌

Stagwell

Global

LLC

5.63%,

08/15/2029

(g)

1,400‌

1,320‌

Summer

BC

Bidco

B

LLC

5.50%,

10/31/2026

(g)

800‌

786‌

$

55,531‌

Aerospace

&

Defense

-

2

.13

%

AAR

Escrow

Issuer

LLC

6.75%,

03/15/2029

(g)

620‌

634‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Aerospace

&

Defense

(continued)

Bombardier

Inc

6.00%,

02/15/2028

(g)

$

500‌

$

499‌

7.00%,

06/01/2032

(g),(h)

760‌

777‌

7.25%,

07/01/2031

(g)

596‌

614‌

7.45%,

05/01/2034

(g)

600‌

642‌

7.50%,

02/01/2029

(g),(h)

1,236‌

1,291‌

7.88%,

04/15/2027

(g)

4‌

4‌

8.75%,

11/15/2030

(g)

900‌

975‌

F-Brasile

SpA

/

F-Brasile

US

LLC

7.38%,

08/15/2026

(g)

8,319‌

8,269‌

Moog

Inc

4.25%,

12/15/2027

(g)

1,750‌

1,675‌

Spirit

AeroSystems

Inc

4.60%,

06/15/2028

730‌

692‌

9.38%,

11/30/2029

(g)

910‌

985‌

9.75%,

11/15/2030

(g)

830‌

925‌

TransDigm

Inc

4.63%,

01/15/2029

(h)

3,119‌

2,949‌

4.88%,

05/01/2029

11,633‌

11,070‌

5.50%,

11/15/2027

10,588‌

10,455‌

6.38%,

03/01/2029

(g)

6,200‌

6,315‌

6.63%,

03/01/2032

(g)

9,872‌

10,097‌

6.75%,

08/15/2028

(g)

9,332‌

9,512‌

6.88%,

12/15/2030

(g)

3,495‌

3,594‌

7.13%,

12/01/2031

(g)

8,105‌

8,412‌

Triumph

Group

Inc

9.00%,

03/15/2028

(g)

1,415‌

1,490‌

$

81,876‌

Agriculture

-

0

.18

%

Darling

Ingredients

Inc

6.00%,

06/15/2030

(g)

2,050‌

2,034‌

Turning

Point

Brands

Inc

5.63%,

02/15/2026

(g)

1,800‌

1,777‌

Vector

Group

Ltd

5.75%,

02/01/2029

(g)

3,363‌

3,226‌

$

7,037‌

Airlines

-

1

.14

%

Air

Canada

3.88%,

08/15/2026

(g)

1,439‌

1,384‌

Air

Canada

2020-1

Class

C

Pass

Through

Trust

10.50%,

07/15/2026

(g)

745‌

801‌

Allegiant

Travel

Co

7.25%,

08/15/2027

(g),(h)

600‌

560‌

American

Airlines

Group

Inc

10.75%,

PIK

10.75%;

02/15/2026

(g),(i),(j)

1,908‌

1,965‌

10.75%,

PIK

10.75%;

02/15/2026

(g),(i),(j)

9,342‌

9,622‌

American

Airlines

Inc

7.25%,

02/15/2028

(g)

511‌

510‌

8.50%,

05/15/2029

(g)

1,105‌

1,138‌

American

Airlines

Inc/AAdvantage

Loyalty

IP

Ltd

5.50%,

04/20/2026

(g)

2,377‌

2,361‌

5.75%,

04/20/2029

(g)

8,020‌

7,837‌

Avianca

Midco

2

PLC

9.00%,

12/01/2028

(g)

2,247‌

2,200‌

9.00%,

12/01/2028

(g),(h)

400‌

392‌

Hawaiian

Brand

Intellectual

Property

Ltd

/

HawaiianMiles

Loyalty

Ltd

11.00%,

04/15/2029

(g),(h)

2,836‌

2,704‌

Spirit

Airlines

Pass

Through

Trust

2015-1A

4.10%,

10/01/2029

485‌

452‌

Spirit

Loyalty

Cayman

Ltd

/

Spirit

IP

Cayman

Ltd

8.00%,

09/20/2025

(g)

588‌

372‌

8.00%,

09/20/2025

(g)

702‌

444‌

United

Airlines

Inc

4.38%,

04/15/2026

(g)

2,135‌

2,081‌

4.63%,

04/15/2029

(g)

470‌

444‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

101

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Airlines

(continued)

VistaJet

Malta

Finance

PLC

/

Vista

Management

Holding

Inc

6.38%,

02/01/2030

(g),(h)

$

3,660‌

$

2,916‌

7.88%,

05/01/2027

(g),(h)

190‌

172‌

9.50%,

06/01/2028

(g),(h)

6,415‌

5,741‌

$

44,096‌

Apparel

-

0

.28

%

Crocs

Inc

4.13%,

08/15/2031

(g)

600‌

527‌

4.25%,

03/15/2029

(g)

500‌

461‌

Hanesbrands

Inc

4.88%,

05/15/2026

(g)

2,725‌

2,669‌

9.00%,

02/15/2031

(g),(h)

3,585‌

3,795‌

Kontoor

Brands

Inc

4.13%,

11/15/2029

(g)

914‌

840‌

Under

Armour

Inc

3.25%,

06/15/2026

680‌

648‌

William

Carter

Co/The

5.63%,

03/15/2027

(g)

1,466‌

1,450‌

Wolverine

World

Wide

Inc

4.00%,

08/15/2029

(g)

700‌

597‌

$

10,987‌

Automobile

Manufacturers

-

0

.47

%

Allison

Transmission

Inc

3.75%,

01/30/2031

(g)

980‌

872‌

4.75%,

10/01/2027

(g)

190‌

185‌

5.88%,

06/01/2029

(g)

116‌

116‌

Aston

Martin

Capital

Holdings

Ltd

10.00%,

03/31/2029

(g)

1,585‌

1,591‌

Ford

Motor

Credit

Co

LLC

4.00%,

11/13/2030

10,225‌

9,292‌

Jaguar

Land

Rover

Automotive

PLC

4.50%,

10/01/2027

(g)

1,000‌

956‌

5.50%,

07/15/2029

(g)

134‌

131‌

5.88%,

01/15/2028

(g)

1,332‌

1,319‌

7.75%,

10/15/2025

(g)

870‌

871‌

JB

Poindexter

&

Co

Inc

8.75%,

12/15/2031

(g)

1,085‌

1,141‌

PM

General

Purchaser

LLC

9.50%,

10/01/2028

(g)

900‌

924‌

Wabash

National

Corp

4.50%,

10/15/2028

(g)

573‌

520‌

$

17,918‌

Automobile

Parts

&

Equipment

-

1

.31

%

Adient

Global

Holdings

Ltd

4.88%,

08/15/2026

(g)

1,598‌

1,568‌

7.00%,

04/15/2028

(g)

140‌

143‌

8.25%,

04/15/2031

(g)

1,015‌

1,067‌

American

Axle

&

Manufacturing

Inc

5.00%,

10/01/2029

350‌

321‌

6.50%,

04/01/2027

995‌

998‌

Clarios

Global

LP

/

Clarios

US

Finance

Co

6.25%,

05/15/2026

(g)

5,963‌

5,959‌

6.75%,

05/15/2028

(g),(h)

2,635‌

2,683‌

8.50%,

05/15/2027

(g)

2,401‌

2,419‌

Cooper-Standard

Automotive

Inc

5.63%,

PIK

10.63%;

05/15/2027

(g),(i),(j)

1,180‌

932‌

Dana

Inc

4.25%,

09/01/2030

722‌

638‌

4.50%,

02/15/2032

530‌

463‌

5.38%,

11/15/2027

273‌

268‌

5.63%,

06/15/2028

660‌

643‌

Dornoch

Debt

Merger

Sub

Inc

6.63%,

10/15/2029

(g)

15,614‌

13,680‌

Garrett

Motion

Holdings

Inc

/

Garrett

LX

I

Sarl

7.75%,

05/31/2032

(g)

1,120‌

1,139‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Automobile

Parts

&

Equipment

(continued)

Goodyear

Tire

&

Rubber

Co/The

4.88%,

03/15/2027

(h)

$

1,517‌

$

1,480‌

5.00%,

05/31/2026

82‌

81‌

5.00%,

07/15/2029

320‌

302‌

5.25%,

04/30/2031

277‌

258‌

5.25%,

07/15/2031

(h)

699‌

653‌

5.63%,

04/30/2033

500‌

460‌

7.00%,

03/15/2028

37‌

38‌

IHO

Verwaltungs

GmbH

4.75%,

PIK

5.50%;

09/15/2026

(g),(i),(j)

25‌

24‌

6.00%,

PIK

6.75%;

05/15/2027

(g),(i),(j)

755‌

749‌

6.38%,

PIK

7.13%;

05/15/2029

(g),(i),(j)

825‌

826‌

Phinia

Inc

6.75%,

04/15/2029

(g)

34‌

35‌

Real

Hero

Merger

Sub

2

Inc

6.25%,

02/01/2029

(g)

8,627‌

7,411‌

Tenneco

Inc

8.00%,

11/17/2028

(g)

3,219‌

2,921‌

Titan

International

Inc

7.00%,

04/30/2028

913‌

887‌

ZF

North

America

Capital

Inc

6.75%,

04/23/2030

(g)

630‌

642‌

6.88%,

04/14/2028

(g)

70‌

72‌

6.88%,

04/23/2032

(g)

500‌

517‌

$

50,277‌

Banks

-

0

.37

%

Banc

of

California

3.25%,

05/01/2031

(k)

1,295‌

1,201‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.52%

Dresdner

Funding

Trust

I

8.15%,

06/30/2031

(g)

994‌

1,087‌

Freedom

Mortgage

Corp

6.63%,

01/15/2027

(g)

610‌

598‌

7.63%,

05/01/2026

(g)

640‌

641‌

12.00%,

10/01/2028

(g)

2,100‌

2,259‌

12.25%,

10/01/2030

(g)

1,250‌

1,370‌

Intesa

Sanpaolo

SpA

4.20%,

06/01/2032

(g),(k)

150‌

130‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

2.60%

4.95%,

06/01/2042

(g),(k)

590‌

457‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

2.75%

5.71%,

01/15/2026

(g)

1,250‌

1,249‌

Texas

Capital

Bancshares

Inc

4.00%,

05/06/2031

(k)

221‌

205‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.15%

UniCredit

SpA

5.46%,

06/30/2035

(g),(k)

1,475‌

1,416‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.75%

5.86%,

06/19/2032

(g),(k)

750‌

744‌

USD

Swap

Rate

NY

5

Year

+

3.70%

7.30%,

04/02/2034

(g),(k)

610‌

633‌

USD

Swap

Rate

NY

5

Year

+

4.91%

Valley

National

Bancorp

3.00%,

06/15/2031

(h),(k)

871‌

693‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.36%

6.25%,

09/30/2032

(k)

470‌

392‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.78%

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

102

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

Western

Alliance

Bancorp

3.00%,

06/15/2031

(k)

$

1,248‌

$

1,117‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

2.25%

$

14,192‌

Beverages

-

0

.05

%

Primo

Water

Holdings

Inc

4.38%,

04/30/2029

(g)

719‌

669‌

Triton

Water

Holdings

Inc

6.25%,

04/01/2029

(g)

1,161‌

1,125‌

$

1,794‌

Biotechnology

-

0

.02

%

Emergent

BioSolutions

Inc

3.88%,

08/15/2028

(g)

1,010‌

771‌

Building

Materials

-

1

.68

%

ACProducts

Holdings

Inc

6.38%,

05/15/2029

(g)

935‌

556‌

AmeriTex

HoldCo

Intermediate

LLC

10.25%,

10/15/2028

(g),(h)

2,380‌

2,530‌

Boise

Cascade

Co

4.88%,

07/01/2030

(g)

915‌

861‌

Builders

FirstSource

Inc

4.25%,

02/01/2032

(g)

1,504‌

1,344‌

5.00%,

03/01/2030

(g)

454‌

434‌

6.38%,

06/15/2032

(g)

600‌

609‌

6.38%,

03/01/2034

(g)

1,151‌

1,161‌

Camelot

Return

Merger

Sub

Inc

8.75%,

08/01/2028

(g)

1,015‌

1,009‌

Cornerstone

Building

Brands

Inc

6.13%,

01/15/2029

(g)

422‌

348‌

9.50%,

08/15/2029

(g),(l)

314‌

314‌

CP

Atlas

Buyer

Inc

7.00%,

12/01/2028

(g)

770‌

659‌

Eco

Material

Technologies

Inc

7.88%,

01/31/2027

(g)

12,493‌

12,712‌

EMRLD

Borrower

LP

/

Emerald

Co-Issuer

Inc

6.63%,

12/15/2030

(g)

6,908‌

7,037‌

6.75%,

07/15/2031

(g)

680‌

694‌

Griffon

Corp

5.75%,

03/01/2028

1,973‌

1,931‌

James

Hardie

International

Finance

DAC

5.00%,

01/15/2028

(g)

545‌

525‌

JELD-WEN

Inc

4.63%,

12/15/2025

(g)

2,015‌

1,985‌

4.88%,

12/15/2027

(g)

19‌

18‌

Knife

River

Corp

7.75%,

05/01/2031

(g)

854‌

896‌

Louisiana-Pacific

Corp

3.63%,

03/15/2029

(g)

469‌

434‌

Masterbrand

Inc

7.00%,

07/15/2032

(g)

900‌

925‌

Miter

Brands

Acquisition

Holdco

Inc

/

MIWD

Borrower

LLC

6.75%,

04/01/2032

(g)

975‌

989‌

MIWD

Holdco

II

LLC

/

MIWD

Finance

Corp

5.50%,

02/01/2030

(g)

600‌

561‌

New

Enterprise

Stone

&

Lime

Co

Inc

5.25%,

07/15/2028

(g)

119‌

114‌

9.75%,

07/15/2028

(g)

500‌

511‌

Oscar

AcquisitionCo

LLC

/

Oscar

Finance

Inc

9.50%,

04/15/2030

(g)

10,573‌

9,899‌

Smyrna

Ready

Mix

Concrete

LLC

6.00%,

11/01/2028

(g),(h)

5,260‌

5,211‌

8.88%,

11/15/2031

(g)

1,585‌

1,708‌

Standard

Industries

Inc/NJ

3.38%,

01/15/2031

(g)

1,585‌

1,356‌

4.38%,

07/15/2030

(g)

2,478‌

2,258‌

4.75%,

01/15/2028

(g)

1,385‌

1,327‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Building

Materials

(continued)

Standard

Industries

Inc/NJ  

(continued)

5.00%,

02/15/2027

(g)

$

990‌

$

969‌

Summit

Materials

LLC

/

Summit

Materials

Finance

Corp

5.25%,

01/15/2029

(g)

840‌

821‌

6.50%,

03/15/2027

(g)

791‌

792‌

7.25%,

01/15/2031

(g)

1,100‌

1,147‌

$

64,645‌

Chemicals

-

1

.40

%

Ashland

Inc

3.38%,

09/01/2031

(g)

1,018‌

877‌

6.88%,

05/15/2043

433‌

447‌

ASP

Unifrax

Holdings

Inc

5.25%,

09/30/2028

(g)

761‌

407‌

7.50%,

09/30/2029

(g)

400‌

200‌

Avient

Corp

7.13%,

08/01/2030

(g)

1,838‌

1,887‌

Axalta

Coating

Systems

Dutch

Holding

B

BV

7.25%,

02/15/2031

(g)

2,017‌

2,115‌

Axalta

Coating

Systems

LLC

3.38%,

02/15/2029

(g)

1,350‌

1,229‌

Axalta

Coating

Systems

LLC

/

Axalta

Coating

Systems

Dutch

Holding

B

BV

4.75%,

06/15/2027

(g)

650‌

636‌

Cerdia

Finanz

GmbH

10.50%,

02/15/2027

(g)

1,805‌

1,859‌

Chemours

Co/The

4.63%,

11/15/2029

(g)

558‌

489‌

5.38%,

05/15/2027

615‌

591‌

5.75%,

11/15/2028

(g)

1,283‌

1,200‌

Consolidated

Energy

Finance

SA

5.63%,

10/15/2028

(g)

600‌

479‌

6.50%,

05/15/2026

(g)

600‌

582‌

12.00%,

02/15/2031

(g)

1,940‌

1,915‌

CVR

Partners

LP

/

CVR

Nitrogen

Finance

Corp

6.13%,

06/15/2028

(g)

1,065‌

1,029‌

Element

Solutions

Inc

3.88%,

09/01/2028

(g)

495‌

458‌

GPD

Cos

Inc

10.13%,

04/01/2026

(g),(h)

800‌

746‌

HB

Fuller

Co

4.00%,

02/15/2027

15‌

14‌

4.25%,

10/15/2028

15‌

14‌

Herens

Holdco

Sarl

4.75%,

05/15/2028

(g)

373‌

324‌

Illuminate

Buyer

LLC

/

Illuminate

Holdings

IV

Inc

9.00%,

07/01/2028

(g)

740‌

742‌

INEOS

Finance

PLC

6.75%,

05/15/2028

(g)

805‌

808‌

7.50%,

04/15/2029

(g),(h)

965‌

982‌

INEOS

Quattro

Finance

2

Plc

9.63%,

03/15/2029

(g),(h)

1,275‌

1,367‌

Ingevity

Corp

3.88%,

11/01/2028

(g)

252‌

231‌

Innophos

Holdings

Inc

9.38%,

02/15/2028

(g)

381‌

330‌

Iris

Holdings

Inc

8.75%,

PIK

9.50%;

02/15/2026

(g),(i),(j)

325‌

270‌

Kobe

US

Midco

2

Inc

9.25%,

PIK

10.00%;

11/01/2026

(g),(i),(j)

258‌

211‌

LSF11

A5

HoldCo

LLC

6.63%,

10/15/2029

(g)

487‌

466‌

Mativ

Holdings

Inc

6.88%,

10/01/2026

(g)

655‌

654‌

Minerals

Technologies

Inc

5.00%,

07/01/2028

(g)

581‌

559‌

Nufarm

Australia

Ltd

/

Nufarm

Americas

Inc

5.00%,

01/27/2030

(g)

567‌

522‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

103

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Chemicals

(continued)

Olin

Corp

5.63%,

08/01/2029

$

100‌

$

99‌

Olympus

Water

US

Holding

Corp

4.25%,

10/01/2028

(g)

1,510‌

1,392‌

6.25%,

10/01/2029

(g)

511‌

469‌

7.13%,

10/01/2027

(g)

439‌

442‌

7.25%,

06/15/2031

(g)

1,230‌

1,231‌

9.75%,

11/15/2028

(g)

3,036‌

3,226‌

Polar

US

Borrower

LLC

/

Schenectady

International

Group

Inc

6.75%,

05/15/2026

(g)

235‌

65‌

Rain

Carbon

Inc

12.25%,

09/01/2029

(g),(h)

404‌

437‌

Rayonier

AM

Products

Inc

7.63%,

01/15/2026

(g)

1,401‌

1,333‌

SCIH

Salt

Holdings

Inc

4.88%,

05/01/2028

(g)

1,670‌

1,557‌

6.63%,

05/01/2029

(g)

10,484‌

9,883‌

SCIL

IV

LLC

/

SCIL

USA

Holdings

LLC

5.38%,

11/01/2026

(g)

1,711‌

1,672‌

SNF

Group

SACA

3.13%,

03/15/2027

(g)

285‌

264‌

3.38%,

03/15/2030

(g)

456‌

392‌

TPC

Group

Inc

13.00%,

12/16/2027

(g)

433‌

438‌

Trinseo

Materials

Operating

SCA

/

Trinseo

Materials

Finance

Inc

5.13%,

04/01/2029

(g)

511‌

194‌

Tronox

Inc

4.63%,

03/15/2029

(g)

2,060‌

1,876‌

Vibrantz

Technologies

Inc

9.00%,

02/15/2030

(g)

900‌

806‌

WR

Grace

Holdings

LLC

4.88%,

06/15/2027

(g)

1,530‌

1,480‌

5.63%,

08/15/2029

(g)

1,139‌

1,042‌

7.38%,

03/01/2031

(g)

890‌

914‌

$

53,852‌

Coal

-

0

.35

%

Alliance

Resource

Operating

Partners

LP

/

Alliance

Resource

Finance

Corp

8.63%,

06/15/2029

(g)

1,100‌

1,156‌

Conuma

Resources

Ltd

13.13%,

05/01/2028

(g)

300‌

306‌

Coronado

Finance

Pty

Ltd

10.75%,

05/15/2026

(g)

18‌

19‌

SunCoke

Energy

Inc

4.88%,

06/30/2029

(g)

12,785‌

11,693‌

Warrior

Met

Coal

Inc

7.88%,

12/01/2028

(g)

403‌

413‌

$

13,587‌

Commercial

Services

-

4

.46

%

ADT

Security

Corp/The

4.13%,

08/01/2029

(g)

1,400‌

1,306‌

Adtalem

Global

Education

Inc

5.50%,

03/01/2028

(g)

1,614‌

1,568‌

Albion

Financing

1

SARL

/

Aggreko

Holdings

Inc

6.13%,

10/15/2026

(g)

1,950‌

1,926‌

Albion

Financing

2

Sarl

8.75%,

04/15/2027

(g)

1,400‌

1,418‌

Allied

Universal

Holdco

LLC

7.88%,

02/15/2031

(g)

2,300‌

2,340‌

Allied

Universal

Holdco

LLC

/

Allied

Universal

Finance

Corp

6.00%,

06/01/2029

(g)

2,857‌

2,489‌

6.63%,

07/15/2026

(g)

240‌

240‌

9.75%,

07/15/2027

(g)

1,245‌

1,244‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Commercial

Services

(continued)

Allied

Universal

Holdco

LLC/Allied

Universal

Finance

Corp/Atlas

Luxco

4

Sarl

4.63%,

06/01/2028

(g)

$

465‌

$

429‌

4.63%,

06/01/2028

(g)

1,000‌

922‌

AMN

Healthcare

Inc

4.00%,

04/15/2029

(g)

440‌

403‌

4.63%,

10/01/2027

(g)

4,664‌

4,481‌

APi

Group

DE

Inc

4.13%,

07/15/2029

(g)

455‌

420‌

4.75%,

10/15/2029

(g)

200‌

190‌

APX

Group

Inc

5.75%,

07/15/2029

(g)

3,053‌

2,970‌

6.75%,

02/15/2027

(g)

465‌

464‌

Avis

Budget

Car

Rental

LLC

/

Avis

Budget

Finance

Inc

5.38%,

03/01/2029

(g),(h)

95‌

87‌

5.75%,

07/15/2027

(g)

406‌

393‌

5.75%,

07/15/2027

(g)

410‌

394‌

8.00%,

02/15/2031

(g),(h)

602‌

597‌

Block

Inc

2.75%,

06/01/2026

995‌

946‌

3.50%,

06/01/2031

100‌

87‌

6.50%,

05/15/2032

(g)

1,092‌

1,110‌

Boost

Newco

Borrower

LLC

7.50%,

01/15/2031

(g)

9,515‌

10,022‌

Brink's

Co/The

4.63%,

10/15/2027

(g)

700‌

679‌

6.75%,

06/15/2032

(g)

800‌

815‌

Carriage

Services

Inc

4.25%,

05/15/2029

(g)

335‌

303‌

Champions

Financing

Inc

8.75%,

02/15/2029

(g)

9,286‌

9,471‌

Cimpress

PLC

7.00%,

06/15/2026

16‌

16‌

CoreCivic

Inc

4.75%,

10/15/2027

1,870‌

1,771‌

8.25%,

04/15/2029

1,100‌

1,158‌

CPI

CG

Inc

10.00%,

07/15/2029

(g)

740‌

771‌

Deluxe

Corp

8.00%,

06/01/2029

(g)

1,210‌

1,142‌

Garda

World

Security

Corp

4.63%,

02/15/2027

(g)

640‌

616‌

6.00%,

06/01/2029

(g)

1,244‌

1,153‌

7.75%,

02/15/2028

(g)

1,562‌

1,612‌

8.25%,

08/01/2032

(g)

1,000‌

1,001‌

9.50%,

11/01/2027

(g)

900‌

906‌

GEO

Group

Inc/The

8.63%,

04/15/2029

2,579‌

2,685‌

10.25%,

04/15/2031

840‌

900‌

Graham

Holdings

Co

5.75%,

06/01/2026

(g)

1,040‌

1,034‌

Grand

Canyon

University

5.13%,

10/01/2028

777‌

712‌

Herc

Holdings

Inc

5.50%,

07/15/2027

(g)

1,253‌

1,243‌

Hertz

Corp/The

4.63%,

12/01/2026

(g),(h)

445‌

336‌

5.00%,

12/01/2029

(g),(h)

930‌

615‌

12.63%,

07/15/2029

(g),(h)

1,055‌

1,122‌

Korn

Ferry

4.63%,

12/15/2027

(g)

38‌

37‌

Legends

Hospitality

Holding

Co

LLC

/

Legends

Hospitality

Co-Issuer

Inc

5.00%,

02/01/2026

(g)

220‌

219‌

Matthews

International

Corp

5.25%,

12/01/2025

(g)

533‌

526‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

104

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Commercial

Services

(continued)

Mavis

Tire

Express

Services

Topco

Corp

6.50%,

05/15/2029

(g)

$

1,000‌

$

951‌

Mobius

Merger

Sub

Inc

9.00%,

06/01/2030

(g)

1,137‌

1,126‌

NESCO

Holdings

II

Inc

5.50%,

04/15/2029

(g)

1,341‌

1,248‌

Paysafe

Finance

PLC

/

Paysafe

Holdings

US

Corp

4.00%,

06/15/2029

(g),(h)

430‌

398‌

PECF

USS

Intermediate

Holding

III

Corp

8.00%,

11/15/2029

(g)

585‌

249‌

Port

of

Newcastle

Investments

Financing

Pty

Ltd

5.90%,

11/24/2031

(g)

213‌

199‌

Prime

Security

Services

Borrower

LLC

/

Prime

Finance

Inc

3.38%,

08/31/2027

(g)

944‌

881‌

5.75%,

04/15/2026

(g)

1,340‌

1,339‌

6.25%,

01/15/2028

(g)

1,600‌

1,595‌

PROG

Holdings

Inc

6.00%,

11/15/2029

(g)

12,325‌

11,856‌

Service

Corp

International/US

3.38%,

08/15/2030

900‌

796‌

4.00%,

05/15/2031

1,265‌

1,140‌

4.63%,

12/15/2027

800‌

778‌

5.13%,

06/01/2029

12‌

12‌

7.50%,

04/01/2027

1,490‌

1,544‌

Shift4

Payments

LLC

/

Shift4

Payments

Finance

Sub

Inc

4.63%,

11/01/2026

(g)

5,755‌

5,617‌

Signal

Parent

Inc

6.13%,

04/01/2029

(g)

455‌

309‌

Sotheby's

7.38%,

10/15/2027

(g),(h)

17,725‌

14,758‌

Sotheby's/Bidfair

Holdings

Inc

5.88%,

06/01/2029

(g)

592‌

430‌

StoneMor

Inc

8.50%,

05/15/2029

(g)

690‌

577‌

TriNet

Group

Inc

3.50%,

03/01/2029

(g)

1,000‌

906‌

7.13%,

08/15/2031

(g)

802‌

826‌

United

Rentals

North

America

Inc

3.75%,

01/15/2032

579‌

511‌

3.88%,

11/15/2027

912‌

870‌

3.88%,

02/15/2031

2,005‌

1,812‌

4.00%,

07/15/2030

1,014‌

927‌

4.88%,

01/15/2028

3,084‌

3,016‌

5.25%,

01/15/2030

1,230‌

1,203‌

5.50%,

05/15/2027

50‌

50‌

6.13%,

03/15/2034

(g)

1,408‌

1,415‌

Upbound

Group

Inc

6.38%,

02/15/2029

(g)

10,925‌

10,688‌

Valvoline

Inc

3.63%,

06/15/2031

(g)

923‌

807‌

VT

Topco

Inc

8.50%,

08/15/2030

(g)

12,029‌

12,730‌

Wand

NewCo

3

Inc

7.63%,

01/30/2032

(g)

14,526‌

15,163‌

WASH

Multifamily

Acquisition

Inc

5.75%,

04/15/2026

(g)

649‌

639‌

Williams

Scotsman

Inc

4.63%,

08/15/2028

(g)

675‌

642‌

6.63%,

06/15/2029

(g)

700‌

713‌

7.38%,

10/01/2031

(g)

330‌

343‌

WW

International

Inc

4.50%,

04/15/2029

(g)

345‌

123‌

ZipRecruiter

Inc

5.00%,

01/15/2030

(g)

5,885‌

5,149‌

$

171,625‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Computers

-

1

.05

%

Ahead

DB

Holdings

LLC

6.63%,

05/01/2028

(g)

$

506‌

$

481‌

Amentum

Escrow

Corp

7.25%,

08/01/2032

(g),(l)

3,475‌

3,549‌

ASGN

Inc

4.63%,

05/15/2028

(g)

9,535‌

9,137‌

Conduent

Business

Services

LLC

/

Conduent

State

&

Local

Solutions

Inc

6.00%,

11/01/2029

(g)

750‌

711‌

Crane

NXT

Co

4.20%,

03/15/2048

1,463‌

1,038‌

Crowdstrike

Holdings

Inc

3.00%,

02/15/2029

13‌

12‌

Fortress

Intermediate

3

Inc

7.50%,

06/01/2031

(g)

3,070‌

3,147‌

Insight

Enterprises

Inc

6.63%,

05/15/2032

(g)

1,018‌

1,047‌

KBR

Inc

4.75%,

09/30/2028

(g)

1,597‌

1,519‌

McAfee

Corp

7.38%,

02/15/2030

(g)

3,100‌

2,892‌

NCR

Atleos

Corp

9.50%,

04/01/2029

(g)

2,055‌

2,245‌

NCR

Voyix

Corp

5.00%,

10/01/2028

(g)

480‌

459‌

5.13%,

04/15/2029

(g)

1,305‌

1,247‌

5.25%,

10/01/2030

(g)

611‌

573‌

Science

Applications

International

Corp

4.88%,

04/01/2028

(g)

443‌

428‌

Seagate

HDD

Cayman

3.13%,

07/15/2029

250‌

215‌

4.09%,

06/01/2029

577‌

543‌

4.13%,

01/15/2031

895‌

812‌

4.88%,

06/01/2027

(h)

717‌

707‌

5.75%,

12/01/2034

32‌

31‌

8.50%,

07/15/2031

1,525‌

1,656‌

9.63%,

12/01/2032

1,787‌

2,046‌

Unisys

Corp

6.88%,

11/01/2027

(g)

900‌

806‌

Vericast

Corp

12.50%,

12/15/2027

(g)

800‌

942‌

Virtusa

Corp

7.13%,

12/15/2028

(g)

990‌

938‌

Western

Digital

Corp

4.75%,

02/15/2026

3,279‌

3,222‌

$

40,403‌

Consumer

Products

-

0

.06

%

ACCO

Brands

Corp

4.25%,

03/15/2029

(g)

500‌

455‌

Central

Garden

&

Pet

Co

4.13%,

04/30/2031

(g)

480‌

427‌

5.13%,

02/01/2028

467‌

455‌

Kronos

Acquisition

Holdings

Inc

8.25%,

06/30/2031

(g)

900‌

908‌

$

2,245‌

Cosmetics

&

Personal

Care

-

0

.14

%

Coty

Inc

5.00%,

04/15/2026

(g)

66‌

65‌

Edgewell

Personal

Care

Co

5.50%,

06/01/2028

(g)

1,590‌

1,559‌

High

Ridge

Brands

-

Escrow

0.00%,

03/15/2025

(d),(e),(f)

4,938‌

—‌

Oriflame

Investment

Holding

PLC

5.13%,

05/04/2026

(g)

785‌

192‌

Perrigo

Finance

Unlimited

Co

4.38%,

03/15/2026

1,255‌

1,227‌

4.90%,

06/15/2030

795‌

750‌

4.90%,

12/15/2044

140‌

114‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

105

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Cosmetics

&

Personal

Care

(continued)

Prestige

Brands

Inc

3.75%,

04/01/2031

(g)

$

1,360‌

$

1,199‌

5.13%,

01/15/2028

(g)

280‌

274‌

$

5,380‌

Distribution

&

Wholesale

-

0

.48

%

American

Builders

&

Contractors

Supply

Co

Inc

3.88%,

11/15/2029

(g)

390‌

353‌

4.00%,

01/15/2028

(g)

999‌

943‌

BCPE

Empire

Holdings

Inc

7.63%,

05/01/2027

(g)

1,510‌

1,461‌

Dealer

Tire

LLC

/

DT

Issuer

LLC

8.00%,

02/01/2028

(g)

794‌

792‌

Gates

Corp/DE

6.88%,

07/01/2029

(g)

100‌

102‌

G-III

Apparel

Group

Ltd

7.88%,

08/15/2025

(g)

631‌

632‌

H&E

Equipment

Services

Inc

3.88%,

12/15/2028

(g)

905‌

827‌

Resideo

Funding

Inc

4.00%,

09/01/2029

(g)

465‌

424‌

Ritchie

Bros

Holdings

Inc

6.75%,

03/15/2028

(g)

870‌

888‌

7.75%,

03/15/2031

(g)

4,885‌

5,137‌

Velocity

Vehicle

Group

LLC

8.00%,

06/01/2029

(g)

3,525‌

3,631‌

Verde

Purchaser

LLC

10.50%,

11/30/2030

(g)

1,342‌

1,426‌

Windsor

Holdings

III

LLC

8.50%,

06/15/2030

(g)

1,660‌

1,747‌

$

18,363‌

Diversified

Financial

Services

-

6

.43

%

AG

Issuer

LLC

6.25%,

03/01/2028

(g)

1,299‌

1,245‌

AG

TTMT

Escrow

Issuer

LLC

8.63%,

09/30/2027

(g)

414‌

423‌

Ally

Financial

Inc

5.75%,

11/20/2025

1,930‌

1,937‌

6.70%,

02/14/2033

6,295‌

6,471‌

Aretec

Group

Inc

7.50%,

04/01/2029

(g)

1,245‌

1,177‌

10.00%,

08/15/2030

(g)

690‌

736‌

Armor

Holdco

Inc

8.50%,

11/15/2029

(g)

1,035‌

989‌

ASG

Finance

Designated

Activity

Co

9.75%,

05/15/2029

(g)

1,400‌

1,401‌

Bread

Financial

Holdings

Inc

7.00%,

01/15/2026

(g)

1,641‌

1,636‌

9.75%,

03/15/2029

(g)

18,912‌

20,277‌

Brightsphere

Investment

Group

Inc

4.80%,

07/27/2026

685‌

664‌

Burford

Capital

Global

Finance

LLC

6.25%,

04/15/2028

(g)

1,755‌

1,716‌

6.88%,

04/15/2030

(g)

905‌

893‌

9.25%,

07/01/2031

(g)

18,099‌

19,286‌

Castlelake

Aviation

Finance

DAC

5.00%,

04/15/2027

(g)

505‌

492‌

Cobra

AcquisitionCo

LLC

6.38%,

11/01/2029

(g)

701‌

575‌

Coinbase

Global

Inc

3.38%,

10/01/2028

(g)

2,080‌

1,831‌

3.63%,

10/01/2031

(g)

600‌

499‌

Credit

Acceptance

Corp

9.25%,

12/15/2028

(g)

13,490‌

14,396‌

Curo

Group

Holdings

Corp

0.00%,

08/01/2028

(d),(g)

1,318‌

46‌

0.00%,

08/01/2028

(d),(g)

795‌

175‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Diversified

Financial

Services

(continued)

Drawbridge

Special

Opportunities

Fund

LP

/

Drawbridge

Special

Opportunities

Finance

Corp

3.88%,

02/15/2026

(g)

$

2,195‌

$

2,110‌

Encore

Capital

Group

Inc

8.50%,

05/15/2030

(g)

1,216‌

1,261‌

9.25%,

04/01/2029

(g),(h)

1,490‌

1,570‌

Enova

International

Inc

8.50%,

09/15/2025

(g)

117‌

117‌

11.25%,

12/15/2028

(g)

2,555‌

2,754‌

Freedom

Mortgage

Holdings

LLC

9.13%,

05/15/2031

(g)

1,100‌

1,082‌

9.25%,

02/01/2029

(g)

2,200‌

2,216‌

GGAM

Finance

Ltd

6.88%,

04/15/2029

(g)

100‌

102‌

8.00%,

02/15/2027

(g)

1,014‌

1,048‌

8.00%,

06/15/2028

(g)

780‌

825‌

goeasy

Ltd

4.38%,

05/01/2026

(g)

1,135‌

1,102‌

7.63%,

07/01/2029

(g)

1,466‌

1,499‌

9.25%,

12/01/2028

(g)

1,954‌

2,096‌

Hightower

Holding

LLC

6.75%,

04/15/2029

(g)

900‌

840‌

Jane

Street

Group

/

JSG

Finance

Inc

4.50%,

11/15/2029

(g)

565‌

535‌

7.13%,

04/30/2031

(g)

1,778‌

1,844‌

Jefferies

Finance

LLC

/

JFIN

Co-Issuer

Corp

5.00%,

08/15/2028

(g)

2,980‌

2,768‌

Jefferson

Capital

Holdings

LLC

6.00%,

08/15/2026

(g)

120‌

119‌

9.50%,

02/15/2029

(g)

1,700‌

1,784‌

LD

Holdings

Group

LLC

6.13%,

04/01/2028

(g)

700‌

558‌

8.75%,

11/01/2027

(g)

790‌

719‌

LFS

Topco

LLC

5.88%,

10/15/2026

(g)

14‌

13‌

Midcap

Financial

Issuer

Trust

5.63%,

01/15/2030

(g)

10,406‌

9,347‌

6.50%,

05/01/2028

(g)

2,360‌

2,279‌

Nationstar

Mortgage

Holdings

Inc

5.00%,

02/01/2026

(g)

4,017‌

3,950‌

5.13%,

12/15/2030

(g)

802‌

747‌

5.50%,

08/15/2028

(g)

5,390‌

5,235‌

5.75%,

11/15/2031

(g)

580‌

554‌

6.00%,

01/15/2027

(g)

710‌

705‌

6.50%,

08/01/2029

(g),(l)

5,900‌

5,891‌

7.13%,

02/01/2032

(g)

7,105‌

7,253‌

Navient

Corp

4.88%,

03/15/2028

710‌

663‌

5.00%,

03/15/2027

75‌

73‌

5.50%,

03/15/2029

1,055‌

981‌

5.63%,

08/01/2033

792‌

660‌

6.75%,

06/15/2026

495‌

500‌

9.38%,

07/25/2030

707‌

753‌

11.50%,

03/15/2031

100‌

111‌

OneMain

Finance

Corp

3.50%,

01/15/2027

848‌

801‌

3.88%,

09/15/2028

665‌

607‌

4.00%,

09/15/2030

15,431‌

13,507‌

5.38%,

11/15/2029

835‌

802‌

6.63%,

01/15/2028

5,240‌

5,310‌

7.13%,

03/15/2026

2,204‌

2,242‌

7.50%,

05/15/2031

4,980‌

5,120‌

7.88%,

03/15/2030

4,477‌

4,668‌

9.00%,

01/15/2029

1,015‌

1,076‌

Osaic

Holdings

Inc

10.75%,

08/01/2027

(g)

100‌

102‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

106

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Diversified

Financial

Services

(continued)

Oxford

Finance

LLC

/

Oxford

Finance

Co-Issuer

II

Inc

6.38%,

02/01/2027

(g)

$

15,221‌

$

14,859‌

PennyMac

Financial

Services

Inc

4.25%,

02/15/2029

(g)

1,238‌

1,148‌

5.38%,

10/15/2025

(g)

823‌

818‌

5.75%,

09/15/2031

(g)

1,200‌

1,146‌

7.13%,

11/15/2030

(g)

1,381‌

1,392‌

7.88%,

12/15/2029

(g)

840‌

879‌

PHH

Mortgage

Corp

7.88%,

03/15/2026

(g)

365‌

358‌

PRA

Group

Inc

5.00%,

10/01/2029

(g)

600‌

530‌

7.38%,

09/01/2025

(g)

838‌

837‌

8.38%,

02/01/2028

(g)

1,175‌

1,190‌

8.88%,

01/31/2030

(g)

522‌

531‌

Provident

Funding

Associates

LP

/

PFG

Finance

Corp

6.38%,

06/15/2025

(g)

9,183‌

8,929‌

Rocket

Mortgage

LLC

/

Rocket

Mortgage

Co-Issuer

Inc

2.88%,

10/15/2026

(g)

427‌

403‌

3.88%,

03/01/2031

(g)

15,064‌

13,400‌

4.00%,

10/15/2033

(g)

6,340‌

5,452‌

SLM

Corp

3.13%,

11/02/2026

280‌

265‌

4.20%,

10/29/2025

255‌

250‌

StoneX

Group

Inc

7.88%,

03/01/2031

(g)

6,325‌

6,584‌

Synchrony

Financial

7.25%,

02/02/2033

950‌

972‌

United

Wholesale

Mortgage

LLC

5.50%,

11/15/2025

(g)

1,555‌

1,543‌

5.50%,

04/15/2029

(g)

6,215‌

5,992‌

5.75%,

06/15/2027

(g)

1,966‌

1,937‌

World

Acceptance

Corp

7.00%,

11/01/2026

(g)

550‌

529‌

$

247,708‌

Electric

-

0

.97

%

AES

Corp/The

7.60%,

01/15/2055

(k)

1,215‌

1,236‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.20%

Algonquin

Power

&

Utilities

Corp

4.75%,

01/18/2082

(k)

1,272‌

1,163‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.25%

Atlantica

Sustainable

Infrastructure

PLC

4.13%,

06/15/2028

(g)

620‌

613‌

Calpine

Corp

3.75%,

03/01/2031

(g)

310‌

275‌

4.50%,

02/15/2028

(g)

1,280‌

1,226‌

4.63%,

02/01/2029

(g)

756‌

714‌

5.00%,

02/01/2031

(g)

860‌

812‌

5.13%,

03/15/2028

(g)

2,125‌

2,058‌

Clearway

Energy

Operating

LLC

3.75%,

02/15/2031

(g)

708‌

627‌

3.75%,

01/15/2032

(g)

415‌

362‌

4.75%,

03/15/2028

(g)

1,690‌

1,622‌

DPL

Inc

4.35%,

04/15/2029

787‌

739‌

Edison

International

7.88%,

06/15/2054

(k)

900‌

942‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.66%

8.13%,

06/15/2053

(k)

720‌

754‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.86%

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Electric

(continued)

EUSHI

Finance

Inc

7.63%,

12/15/2054

(g),(k)

$

500‌

$

509‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.14%

Leeward

Renewable

Energy

Operations

LLC

4.25%,

07/01/2029

(g)

1,035‌

942‌

NextEra

Energy

Operating

Partners

LP

3.88%,

10/15/2026

(g)

2,096‌

2,011‌

4.50%,

09/15/2027

(g)

33‌

32‌

7.25%,

01/15/2029

(g)

445‌

462‌

NRG

Energy

Inc

3.38%,

02/15/2029

(g)

245‌

221‌

3.63%,

02/15/2031

(g)

891‌

780‌

5.25%,

06/15/2029

(g)

385‌

374‌

5.75%,

01/15/2028

930‌

924‌

6.63%,

01/15/2027

259‌

259‌

Pattern

Energy

Operations

LP

/

Pattern

Energy

Operations

Inc

4.50%,

08/15/2028

(g)

1,465‌

1,383‌

PG&E

Corp

5.00%,

07/01/2028

1,342‌

1,309‌

5.25%,

07/01/2030

1,945‌

1,879‌

Pike

Corp

5.50%,

09/01/2028

(g)

1,033‌

1,002‌

8.63%,

01/31/2031

(g)

925‌

995‌

Talen

Energy

Supply

LLC

8.63%,

06/01/2030

(g)

395‌

426‌

TransAlta

Corp

6.50%,

03/15/2040

325‌

329‌

7.75%,

11/15/2029

466‌

489‌

Vistra

Operations

Co

LLC

4.38%,

05/01/2029

(g)

1,339‌

1,264‌

5.00%,

07/31/2027

(g)

762‌

746‌

5.50%,

09/01/2026

(g)

910‌

902‌

5.63%,

02/15/2027

(g)

905‌

898‌

6.88%,

04/15/2032

(g)

2,020‌

2,079‌

7.75%,

10/15/2031

(g)

3,629‌

3,835‌

$

37,193‌

Electrical

Components

&

Equipment

-

0

.24

%

Energizer

Holdings

Inc

4.38%,

03/31/2029

(g)

5‌

5‌

4.75%,

06/15/2028

(g)

965‌

915‌

6.50%,

12/31/2027

(g)

710‌

714‌

EnerSys

4.38%,

12/15/2027

(g)

490‌

470‌

6.63%,

01/15/2032

(g)

7‌

7‌

WESCO

Distribution

Inc

6.38%,

03/15/2029

(g)

1,626‌

1,647‌

6.63%,

03/15/2032

(g)

3,775‌

3,846‌

7.25%,

06/15/2028

(g)

1,580‌

1,619‌

$

9,223‌

Electronics

-

0

.43

%

Atkore

Inc

4.25%,

06/01/2031

(g)

1,000‌

894‌

Coherent

Corp

5.00%,

12/15/2029

(g),(h)

600‌

572‌

EquipmentShare.com

Inc

8.63%,

05/15/2032

(g)

6,469‌

6,716‌

9.00%,

05/15/2028

(g)

1,055‌

1,086‌

Imola

Merger

Corp

4.75%,

05/15/2029

(g)

3,075‌

2,894‌

Likewize

Corp

9.75%,

10/15/2025

(g)

489‌

495‌

Sensata

Technologies

BV

4.00%,

04/15/2029

(g)

1,300‌

1,205‌

5.88%,

09/01/2030

(g)

996‌

983‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

107

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Electronics

(continued)

Sensata

Technologies

Inc

3.75%,

02/15/2031

(g)

$

1,046‌

$

924‌

4.38%,

02/15/2030

(g)

619‌

575‌

6.63%,

07/15/2032

(g)

200‌

203‌

TTM

Technologies

Inc

4.00%,

03/01/2029

(g)

18‌

17‌

$

16,564‌

Energy

-

Alternate

Sources

-

0

.15

%

Sunnova

Energy

Corp

5.88%,

09/01/2026

(g),(h)

900‌

744‌

11.75%,

10/01/2028

(g)

400‌

313‌

TerraForm

Power

Operating

LLC

4.75%,

01/15/2030

(g)

2,246‌

2,086‌

5.00%,

01/31/2028

(g)

2,530‌

2,438‌

Topaz

Solar

Farms

LLC

4.88%,

09/30/2039

(g)

134‌

119‌

$

5,700‌

Engineering

&

Construction

-

0

.37

%

AECOM

5.13%,

03/15/2027

485‌

479‌

Arcosa

Inc

4.38%,

04/15/2029

(g)

922‌

869‌

Artera

Services

LLC

8.50%,

02/15/2031

(g)

1,073‌

1,100‌

Brand

Industrial

Services

Inc

10.38%,

08/01/2030

(g)

3,800‌

4,173‌

Brundage-Bone

Concrete

Pumping

Holdings

Inc

6.00%,

02/01/2026

(g)

1,205‌

1,201‌

Dycom

Industries

Inc

4.50%,

04/15/2029

(g)

400‌

378‌

Fluor

Corp

4.25%,

09/15/2028

105‌

101‌

Global

Infrastructure

Solutions

Inc

5.63%,

06/01/2029

(g)

1,500‌

1,442‌

7.50%,

04/15/2032

(g)

1,610‌

1,622‌

Great

Lakes

Dredge

&

Dock

Corp

5.25%,

06/01/2029

(g)

620‌

559‌

INNOVATE

Corp

8.50%,

02/01/2026

(g)

5‌

4‌

Railworks

Holdings

LP

/

Railworks

Rally

Inc

8.25%,

11/15/2028

(g)

210‌

213‌

TopBuild

Corp

3.63%,

03/15/2029

(g)

715‌

658‌

4.13%,

02/15/2032

(g)

460‌

414‌

Tutor

Perini

Corp

11.88%,

04/30/2029

(g)

600‌

657‌

Weekley

Homes

LLC

/

Weekley

Finance

Corp

4.88%,

09/15/2028

(g)

450‌

428‌

$

14,298‌

Entertainment

-

3

.55

%

Affinity

Interactive

6.88%,

12/15/2027

(g)

1,230‌

1,073‌

AMC

Entertainment

Holdings

Inc

7.50%,

02/15/2029

(g)

1,093‌

797‌

10.00%,

PIK

12.00%;

06/15/2026

(g),(i),(j)

510‌

483‌

Banijay

Entertainment

SAS

8.13%,

05/01/2029

(g)

200‌

207‌

Boyne

USA

Inc

4.75%,

05/15/2029

(g)

2,235‌

2,117‌

Caesars

Entertainment

Inc

4.63%,

10/15/2029

(g),(h)

10,205‌

9,481‌

6.50%,

02/15/2032

(g)

855‌

866‌

7.00%,

02/15/2030

(g)

17,703‌

18,262‌

8.13%,

07/01/2027

(g)

1,075‌

1,098‌

CCM

Merger

Inc

6.38%,

05/01/2026

(g)

309‌

309‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Entertainment

(continued)

Cedar

Fair

LP

/

Canada's

Wonderland

Co

/

Magnum

Management

Corp

/

Millennium

Op

5.25%,

07/15/2029

$

56‌

$

55‌

Cedar

Fair

LP

/

Canada's

Wonderland

Company

/

Magnum

Management

Corporation

/

Millennium

Operations

LLC

5.38%,

04/15/2027

6‌

6‌

6.50%,

10/01/2028

565‌

570‌

Churchill

Downs

Inc

4.75%,

01/15/2028

(g)

955‌

922‌

5.50%,

04/01/2027

(g)

1,595‌

1,576‌

5.75%,

04/01/2030

(g)

2,561‌

2,511‌

6.75%,

05/01/2031

(g)

790‌

802‌

Cinemark

USA

Inc

5.25%,

07/15/2028

(g),(h)

19,079‌

18,444‌

7.00%,

08/01/2032

(g)

2,400‌

2,443‌

Empire

Resorts

Inc

7.75%,

11/01/2026

(g)

1,900‌

1,832‌

Everi

Holdings

Inc

5.00%,

07/15/2029

(g)

10,780‌

10,678‌

International

Game

Technology

PLC

6.25%,

01/15/2027

(g)

720‌

727‌

Jacobs

Entertainment

Inc

6.75%,

02/15/2029

(g)

610‌

570‌

Light

&

Wonder

International

Inc

7.00%,

05/15/2028

(g)

1,493‌

1,504‌

7.25%,

11/15/2029

(g)

2,350‌

2,418‌

7.50%,

09/01/2031

(g)

630‌

657‌

Lions

Gate

Capital

Holdings

LLC

5.50%,

04/15/2029

(g)

635‌

401‌

Live

Nation

Entertainment

Inc

3.75%,

01/15/2028

(g)

540‌

508‌

4.75%,

10/15/2027

(g),(h)

12,537‌

12,156‌

6.50%,

05/15/2027

(g)

4,712‌

4,769‌

Merlin

Entertainments

Ltd

5.75%,

06/15/2026

(g)

1,233‌

1,222‌

Midwest

Gaming

Borrower

LLC

/

Midwest

Gaming

Finance

Corp

4.88%,

05/01/2029

(g)

1,000‌

944‌

Mohegan

Tribal

Gaming

Authority

8.00%,

02/01/2026

(g)

3,530‌

3,306‌

13.25%,

12/15/2027

(g)

700‌

792‌

Motion

Bondco

DAC

6.63%,

11/15/2027

(g)

568‌

559‌

Odeon

Finco

PLC

12.75%,

11/01/2027

(g)

350‌

368‌

Ontario

Gaming

GTA

LP/OTG

Co-Issuer

Inc

8.00%,

08/01/2030

(g)

3‌

3‌

Penn

Entertainment

Inc

4.13%,

07/01/2029

(g)

5‌

4‌

5.63%,

01/15/2027

(g)

225‌

220‌

Premier

Entertainment

Sub

LLC

/

Premier

Entertainment

Finance

Corp

5.63%,

09/01/2029

(g)

800‌

598‌

5.88%,

09/01/2031

(g)

2,700‌

1,915‌

Resorts

World

Las

Vegas

LLC

/

RWLV

Capital

Inc

4.63%,

04/16/2029

1,200‌

1,090‌

4.63%,

04/06/2031

(g)

500‌

438‌

8.45%,

07/27/2030

(g)

500‌

533‌

Scientific

Games

Holdings

LP/Scientific

Games

US

FinCo

Inc

6.63%,

03/01/2030

(g)

3,164‌

3,094‌

SeaWorld

Parks

&

Entertainment

Inc

5.25%,

08/15/2029

(g)

2,151‌

2,049‌

Six

Flags

Entertainment

Corp

/

Six

Flags

Theme

Parks

Inc

6.63%,

05/01/2032

(g)

1,975‌

2,028‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

108

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Entertainment

(continued)

Six

Flags

Entertainment

Corp/DE

5.50%,

04/15/2027

(g)

$

375‌

$

373‌

7.25%,

05/15/2031

(g)

845‌

871‌

Speedway

Motorsports

LLC

/

Speedway

Funding

II

Inc

4.88%,

11/01/2027

(g)

6,330‌

6,095‌

Vail

Resorts

Inc

6.50%,

05/15/2032

(g)

880‌

900‌

WMG

Acquisition

Corp

3.88%,

07/15/2030

(g)

385‌

347‌

Wynn

Resorts

Finance

LLC

/

Wynn

Resorts

Capital

Corp

5.13%,

10/01/2029

(g)

4,038‌

3,888‌

7.13%,

02/15/2031

(g)

6,550‌

6,828‌

$

136,707‌

Environmental

Control

-

1

.36

%

Clean

Harbors

Inc

4.88%,

07/15/2027

(g)

840‌

822‌

5.13%,

07/15/2029

(g)

300‌

290‌

6.38%,

02/01/2031

(g)

1,995‌

2,017‌

Enviri

Corp

5.75%,

07/31/2027

(g)

275‌

267‌

GFL

Environmental

Inc

3.50%,

09/01/2028

(g)

660‌

614‌

3.75%,

08/01/2025

(g)

1,587‌

1,569‌

4.00%,

08/01/2028

(g)

3,900‌

3,666‌

4.38%,

08/15/2029

(g)

7,880‌

7,370‌

4.75%,

06/15/2029

(g)

8,849‌

8,432‌

5.13%,

12/15/2026

(g)

1,400‌

1,387‌

6.75%,

01/15/2031

(g)

1,000‌

1,028‌

Madison

IAQ

LLC

4.13%,

06/30/2028

(g)

643‌

601‌

5.88%,

06/30/2029

(g)

17,727‌

16,595‌

Reworld

Holding

Corp

4.88%,

12/01/2029

(g)

6,093‌

5,572‌

5.00%,

09/01/2030

455‌

412‌

Stericycle

Inc

3.88%,

01/15/2029

(g)

700‌

666‌

Waste

Pro

USA

Inc

5.50%,

02/15/2026

(g)

400‌

397‌

Wrangler

Holdco

Corp

6.63%,

04/01/2032

(g)

800‌

803‌

$

52,508‌

Food

-

3

.32

%

Albertsons

Cos

Inc

/

Safeway

Inc

/

New

Albertsons

LP

/

Albertsons

LLC

3.25%,

03/15/2026

(g)

870‌

841‌

3.50%,

03/15/2029

(g)

4,526‌

4,123‌

4.63%,

01/15/2027

(g)

1,877‌

1,830‌

4.88%,

02/15/2030

(g)

2,000‌

1,911‌

5.88%,

02/15/2028

(g)

1,251‌

1,240‌

6.50%,

02/15/2028

(g)

1,565‌

1,588‌

7.50%,

03/15/2026

(g)

90‌

91‌

B&G

Foods

Inc

5.25%,

09/15/2027

(h)

600‌

562‌

8.00%,

09/15/2028

(g)

600‌

612‌

C&S

Group

Enterprises

LLC

5.00%,

12/15/2028

(g)

475‌

352‌

Chobani

LLC

/

Chobani

Finance

Corp

Inc

4.63%,

11/15/2028

(g)

550‌

525‌

7.63%,

07/01/2029

(g)

1,750‌

1,814‌

Fiesta

Purchaser

Inc

7.88%,

03/01/2031

(g)

8,560‌

8,930‌

H-Food

Holdings

LLC

/

Hearthside

Finance

Co

Inc

8.50%,

06/01/2026

(g)

404‌

28‌

Ingles

Markets

Inc

4.00%,

06/15/2031

(g)

620‌

548‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Food

(continued)

KeHE

Distributors

LLC

/

KeHE

Finance

Corp

/

NextWave

Distribution

Inc

9.00%,

02/15/2029

(g)

$

1,584‌

$

1,626‌

Lamb

Weston

Holdings

Inc

4.13%,

01/31/2030

(g)

1,957‌

1,787‌

4.38%,

01/31/2032

(g)

2,667‌

2,404‌

4.88%,

05/15/2028

(g)

833‌

807‌

Land

O'Lakes

Capital

Trust

I

7.45%,

03/15/2028

(g)

500‌

485‌

Performance

Food

Group

Inc

4.25%,

08/01/2029

(g)

9,475‌

8,776‌

5.50%,

10/15/2027

(g)

16,884‌

16,658‌

Post

Holdings

Inc

4.50%,

09/15/2031

(g)

16,122‌

14,662‌

4.63%,

04/15/2030

(g)

8,910‌

8,300‌

5.50%,

12/15/2029

(g)

2,400‌

2,328‌

5.63%,

01/15/2028

(g)

1,839‌

1,821‌

6.25%,

02/15/2032

(g)

1,740‌

1,762‌

Safeway

Inc

7.25%,

02/01/2031

316‌

337‌

Sigma

Holdco

BV

7.88%,

05/15/2026

(g)

800‌

792‌

Simmons

Foods

Inc/Simmons

Prepared

Foods

Inc/

Simmons

Pet

Food

Inc/Simmons

Feed

4.63%,

03/01/2029

(g)

13,973‌

12,575‌

TreeHouse

Foods

Inc

4.00%,

09/01/2028

1,460‌

1,317‌

United

Natural

Foods

Inc

6.75%,

10/15/2028

(g)

573‌

523‌

US

Foods

Inc

4.63%,

06/01/2030

(g),(h)

9,275‌

8,694‌

4.75%,

02/15/2029

(g)

2,345‌

2,246‌

7.25%,

01/15/2032

(g)

14,162‌

14,811‌

$

127,706‌

Food

Service

-

0

.37

%

Aramark

Services

Inc

5.00%,

02/01/2028

(g)

13,305‌

12,995‌

TKC

Holdings

Inc

6.88%,

05/15/2028

(g)

100‌

98‌

10.50%,

05/15/2029

(g)

1,350‌

1,313‌

$

14,406‌

Forest

Products

&

Paper

-

0

.06

%

Ahlstrom

Holding

3

Oy

4.88%,

02/04/2028

(g)

7‌

7‌

Domtar

Corp

6.75%,

10/01/2028

(g)

1,120‌

1,020‌

Glatfelter

Corp

4.75%,

11/15/2029

(g)

600‌

508‌

Mercer

International

Inc

5.13%,

02/01/2029

739‌

626‌

5.50%,

01/15/2026

67‌

65‌

12.88%,

10/01/2028

(g)

75‌

80‌

$

2,306‌

Gas

-

0

.10

%

AmeriGas

Partners

LP

/

AmeriGas

Finance

Corp

5.75%,

05/20/2027

631‌

611‌

5.88%,

08/20/2026

1,708‌

1,682‌

9.38%,

06/01/2028

(g)

600‌

628‌

South

Jersey

Industries

Inc

5.02%,

04/15/2031

970‌

780‌

$

3,701‌

Hand

&

Machine

Tools

-

0

.06

%

Werner

FinCo

LP

/

Werner

FinCo

Inc

8.75%,

07/15/2025

(g)

375‌

341‌

11.50%,

06/15/2028

(g)

1,796‌

1,951‌

$

2,292‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

109

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Healthcare

-

Products

-

1

.14

%

Avantor

Funding

Inc

3.88%,

11/01/2029

(g)

$

1,546‌

$

1,425‌

4.63%,

07/15/2028

(g)

2,085‌

2,007‌

Bausch

+

Lomb

Corp

8.38%,

10/01/2028

(g)

2,590‌

2,661‌

Embecta

Corp

5.00%,

02/15/2030

(g),(h)

1,050‌

899‌

6.75%,

02/15/2030

(g)

300‌

268‌

Hologic

Inc

3.25%,

02/15/2029

(g)

1,454‌

1,326‌

4.63%,

02/01/2028

(g)

889‌

861‌

Medline

Borrower

LP

3.88%,

04/01/2029

(g)

5,625‌

5,249‌

5.25%,

10/01/2029

(g)

5,482‌

5,299‌

Medline

Borrower

LP/Medline

Co-Issuer

Inc

6.25%,

04/01/2029

(g)

1,715‌

1,750‌

Neogen

Food

Safety

Corp

8.63%,

07/20/2030

(g)

8,282‌

8,946‌

Sotera

Health

Holdings

LLC

7.38%,

06/01/2031

(g)

9,555‌

9,746‌

Teleflex

Inc

4.25%,

06/01/2028

(g)

1,304‌

1,239‌

4.63%,

11/15/2027

565‌

549‌

Varex

Imaging

Corp

7.88%,

10/15/2027

(g)

1,760‌

1,786‌

$

44,011‌

Healthcare

-

Services

-

4

.00

%

Acadia

Healthcare

Co

Inc

5.00%,

04/15/2029

(g)

10,375‌

9,934‌

5.50%,

07/01/2028

(g)

3,900‌

3,826‌

AHP

Health

Partners

Inc

5.75%,

07/15/2029

(g)

1,100‌

1,051‌

Catalent

Pharma

Solutions

Inc

3.50%,

04/01/2030

(g)

2,275‌

2,192‌

5.00%,

07/15/2027

(g)

561‌

557‌

Charles

River

Laboratories

International

Inc

3.75%,

03/15/2029

(g)

545‌

504‌

4.00%,

03/15/2031

(g)

435‌

395‌

4.25%,

05/01/2028

(g)

1,380‌

1,314‌

CHS/Community

Health

Systems

Inc

4.75%,

02/15/2031

(g)

3,160‌

2,599‌

5.25%,

05/15/2030

(g)

2,500‌

2,180‌

5.63%,

03/15/2027

(g)

3,300‌

3,160‌

6.00%,

01/15/2029

(g)

1,005‌

933‌

6.13%,

04/01/2030

(g)

2,000‌

1,518‌

6.88%,

04/01/2028

(g)

775‌

605‌

6.88%,

04/15/2029

(g)

1,525‌

1,251‌

8.00%,

12/15/2027

(g)

785‌

786‌

10.88%,

01/15/2032

(g)

1,680‌

1,806‌

Concentra

Escrow

Issuer

Corp

6.88%,

07/15/2032

(g)

4,040‌

4,163‌

DaVita

Inc

3.75%,

02/15/2031

(g)

4,250‌

3,676‌

4.63%,

06/01/2030

(g)

11,935‌

10,930‌

Encompass

Health

Corp

4.50%,

02/01/2028

1,960‌

1,895‌

4.63%,

04/01/2031

700‌

652‌

4.75%,

02/01/2030

1,600‌

1,525‌

Fortrea

Holdings

Inc

7.50%,

07/01/2030

(g)

450‌

456‌

Global

Medical

Response

Inc

6.50%,

10/01/2025

(g)

36‌

35‌

HealthEquity

Inc

4.50%,

10/01/2029

(g)

460‌

433‌

Heartland

Dental

LLC

/

Heartland

Dental

Finance

Corp

10.50%,

04/30/2028

(g)

1,350‌

1,438‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Healthcare

-

Services

(continued)

IQVIA

Inc

5.00%,

10/15/2026

(g)

$

2,332‌

$

2,298‌

5.00%,

05/15/2027

(g)

1,500‌

1,472‌

Kedrion

SpA

6.50%,

09/01/2029

(g)

1,300‌

1,201‌

Legacy

LifePoint

Health

LLC

4.38%,

02/15/2027

(g)

1,440‌

1,392‌

LifePoint

Health

Inc

5.38%,

01/15/2029

(g)

540‌

489‌

9.88%,

08/15/2030

(g)

3,349‌

3,650‌

10.00%,

06/01/2032

(g)

9,980‌

10,592‌

11.00%,

10/15/2030

(g)

3,115‌

3,496‌

ModivCare

Escrow

Issuer

Inc

5.00%,

10/01/2029

(g)

946‌

640‌

Molina

Healthcare

Inc

3.88%,

11/15/2030

(g)

2,302‌

2,082‌

3.88%,

05/15/2032

(g)

870‌

767‌

4.38%,

06/15/2028

(g)

225‌

214‌

MPH

Acquisition

Holdings

LLC

5.50%,

09/01/2028

(g)

1,415‌

1,105‌

5.75%,

11/01/2028

(g)

1,214‌

719‌

Pediatrix

Medical

Group

Inc

5.38%,

02/15/2030

(g)

705‌

640‌

Prime

Healthcare

Services

Inc

7.25%,

11/01/2025

(g)

2,005‌

2,005‌

Radiology

Partners

Inc

9.78%,

PIK

0.00%;

02/15/2030

(g),(i),(j)

1,070‌

937‌

Select

Medical

Corp

6.25%,

08/15/2026

(g)

1,265‌

1,275‌

Star

Parent

Inc

9.00%,

10/01/2030

(g)

2,610‌

2,785‌

Surgery

Center

Holdings

Inc

7.25%,

04/15/2032

(g)

17,810‌

18,393‌

Tenet

Healthcare

Corp

4.25%,

06/01/2029

1,900‌

1,793‌

4.38%,

01/15/2030

1,525‌

1,431‌

4.63%,

06/15/2028

770‌

742‌

5.13%,

11/01/2027

1,070‌

1,051‌

6.13%,

10/01/2028

(h)

23,470‌

23,529‌

6.13%,

06/15/2030

4,075‌

4,090‌

6.75%,

05/15/2031

1,900‌

1,952‌

6.88%,

11/15/2031

401‌

429‌

Toledo

Hospital/The

5.33%,

11/15/2028

1,080‌

1,043‌

6.02%,

11/15/2048

1,505‌

1,328‌

US

Acute

Care

Solutions

LLC

9.75%,

05/15/2029

(g)

800‌

793‌

$

154,147‌

Holding

Companies

-

Diversified

-

0

.10

%

Benteler

International

AG

10.50%,

05/15/2028

(g)

1,930‌

2,053‌

Stena

International

SA

7.25%,

01/15/2031

(g)

980‌

1,002‌

7.63%,

02/15/2031

(g)

960‌

987‌

$

4,042‌

Home

Builders

-

0

.89

%

Adams

Homes

Inc

9.25%,

10/15/2028

(g)

1,716‌

1,777‌

Ashton

Woods

USA

LLC

/

Ashton

Woods

Finance

Co

4.63%,

08/01/2029

(g)

385‌

355‌

4.63%,

04/01/2030

(g)

255‌

233‌

6.63%,

01/15/2028

(g)

305‌

307‌

Beazer

Homes

USA

Inc

5.88%,

10/15/2027

6‌

6‌

7.25%,

10/15/2029

8‌

8‌

7.50%,

03/15/2031

(g)

5‌

5‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

110

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Home

Builders

(continued)

Brookfield

Residential

Properties

Inc

/

Brookfield

Residential

US

LLC

4.88%,

02/15/2030

(g)

$

1,840‌

$

1,687‌

5.00%,

06/15/2029

(g)

278‌

258‌

6.25%,

09/15/2027

(g)

14‌

14‌

Century

Communities

Inc

3.88%,

08/15/2029

(g)

970‌

884‌

6.75%,

06/01/2027

979‌

985‌

Dream

Finders

Homes

Inc

8.25%,

08/15/2028

(g)

1,730‌

1,795‌

Empire

Communities

Corp

9.75%,

05/01/2029

(g)

900‌

929‌

Forestar

Group

Inc

3.85%,

05/15/2026

(g)

235‌

227‌

5.00%,

03/01/2028

(g)

775‌

746‌

Installed

Building

Products

Inc

5.75%,

02/01/2028

(g)

880‌

868‌

K

Hovnanian

Enterprises

Inc

11.75%,

09/30/2029

(g)

580‌

644‌

KB

Home

4.00%,

06/15/2031

675‌

609‌

4.80%,

11/15/2029

319‌

306‌

6.88%,

06/15/2027

340‌

351‌

7.25%,

07/15/2030

1,210‌

1,255‌

Landsea

Homes

Corp

8.88%,

04/01/2029

(g)

565‌

569‌

LGI

Homes

Inc

4.00%,

07/15/2029

(g)

1,161‌

1,039‌

8.75%,

12/15/2028

(g)

2,204‌

2,342‌

M/I

Homes

Inc

3.95%,

02/15/2030

1,185‌

1,078‌

4.95%,

02/01/2028

741‌

723‌

Mattamy

Group

Corp

4.63%,

03/01/2030

(g)

808‌

757‌

5.25%,

12/15/2027

(g)

650‌

636‌

New

Home

Co

Inc/The

9.25%,

10/01/2029

(g)

2,102‌

2,118‌

Shea

Homes

LP

/

Shea

Homes

Funding

Corp

4.75%,

02/15/2028

788‌

755‌

4.75%,

04/01/2029

500‌

474‌

STL

Holding

Co

LLC

8.75%,

02/15/2029

(g)

1,630‌

1,697‌

Taylor

Morrison

Communities

Inc

5.13%,

08/01/2030

(g)

510‌

497‌

5.75%,

01/15/2028

(g)

1,300‌

1,301‌

5.88%,

06/15/2027

(g)

585‌

587‌

Thor

Industries

Inc

4.00%,

10/15/2029

(g),(h)

960‌

865‌

Tri

Pointe

Homes

Inc

5.25%,

06/01/2027

1,520‌

1,508‌

5.70%,

06/15/2028

1,123‌

1,120‌

Winnebago

Industries

Inc

6.25%,

07/15/2028

(g)

1,839‌

1,823‌

$

34,138‌

Home

Furnishings

-

0

.06

%

Tempur

Sealy

International

Inc

3.88%,

10/15/2031

(g)

1,065‌

917‌

4.00%,

04/15/2029

(g)

1,406‌

1,284‌

$

2,201‌

Housewares

-

0

.31

%

CD&R

Smokey

Buyer

Inc

6.75%,

07/15/2025

(g)

3,500‌

3,476‌

Newell

Brands

Inc

5.70%,

04/01/2026

2,001‌

1,996‌

6.38%,

09/15/2027

306‌

306‌

6.63%,

09/15/2029

(h)

400‌

401‌

6.87%,

04/01/2036

3,715‌

3,558‌

7.00%,

04/01/2046

1,014‌

891‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Housewares

(continued)

Scotts

Miracle-Gro

Co/The

4.00%,

04/01/2031

$

1,000‌

$

883‌

4.50%,

10/15/2029

314‌

292‌

5.25%,

12/15/2026

312‌

308‌

$

12,111‌

Insurance

-

4

.18

%

Acrisure

LLC

/

Acrisure

Finance

Inc

4.25%,

02/15/2029

(g)

3,015‌

2,775‌

6.00%,

08/01/2029

(g)

690‌

650‌

7.50%,

11/06/2030

(g)

1,455‌

1,477‌

8.25%,

02/01/2029

(g)

17,075‌

17,365‌

8.50%,

06/15/2029

(g)

500‌

514‌

Alliant

Holdings

Intermediate

LLC

/

Alliant

Holdings

Co-Issuer

4.25%,

10/15/2027

(g)

13,672‌

13,011‌

5.88%,

11/01/2029

(g)

1,475‌

1,412‌

6.75%,

10/15/2027

(g)

4,597‌

4,562‌

6.75%,

04/15/2028

(g)

1,600‌

1,608‌

7.00%,

01/15/2031

(g)

1,895‌

1,929‌

AmWINS

Group

Inc

4.88%,

06/30/2029

(g)

17,088‌

16,113‌

6.38%,

02/15/2029

(g)

1,100‌

1,116‌

Ardonagh

Finco

Ltd

7.75%,

02/15/2031

(g)

3,945‌

4,001‌

Ardonagh

Group

Finance

Ltd

8.88%,

02/15/2032

(g)

18,195‌

18,406‌

Assurant

Inc

7.00%,

03/27/2048

(k)

415‌

422‌

3

Month

USD

LIBOR

+

4.14%

AssuredPartners

Inc

5.63%,

01/15/2029

(g)

4,003‌

3,813‌

7.50%,

02/15/2032

(g)

6,070‌

6,180‌

Baldwin

Insurance

Group

Holdings

LLC

/

Baldwin

Insurance

Group

Holdings

Finance

7.13%,

05/15/2031

(g)

777‌

801‌

BroadStreet

Partners

Inc

5.88%,

04/15/2029

(g)

1,250‌

1,205‌

Constellation

Insurance

Inc

6.80%,

01/24/2030

(g)

135‌

134‌

Genworth

Holdings

Inc

6.50%,

06/15/2034

1,175‌

1,131‌

Global

Atlantic

Fin

Co

4.70%,

10/15/2051

(g),(k)

1,152‌

1,081‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.80%

7.95%,

10/15/2054

(g),(k)

800‌

812‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.61%

GTCR

AP

Finance

Inc

8.00%,

05/15/2027

(g)

7,850‌

7,876‌

Howden

UK

Refinance

PLC

/

Howden

UK

Refinance

2

PLC

/

Howden

US

Refinance

LLC

7.25%,

02/15/2031

(g)

6,770‌

6,789‌

8.13%,

02/15/2032

(g)

6,835‌

6,815‌

HUB

International

Ltd

5.63%,

12/01/2029

(g)

700‌

672‌

7.25%,

06/15/2030

(g)

4,150‌

4,280‌

7.38%,

01/31/2032

(g)

19,870‌

20,424‌

Jones

Deslauriers

Insurance

Management

Inc

8.50%,

03/15/2030

(g)

4,995‌

5,239‌

10.50%,

12/15/2030

(g)

430‌

461‌

Liberty

Mutual

Group

Inc

4.13%,

12/15/2051

(g),(k)

660‌

618‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.32%

4.30%,

02/01/2061

(g)

700‌

440‌

7.80%,

03/07/2087

(g)

300‌

322‌

3

Month

USD

LIBOR

+

3.58%

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

111

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Insurance

(continued)

Panther

Escrow

Issuer

LLC

7.13%,

06/01/2031

(g)

$

4,000‌

$

4,104‌

Ryan

Specialty

LLC

4.38%,

02/01/2030

(g)

669‌

630‌

Sagicor

Financial

Co

Ltd

5.30%,

05/13/2028

(g)

720‌

692‌

USI

Inc/NY

7.50%,

01/15/2032

(g)

900‌

931‌

Wilton

RE

Ltd

6.00%,

10/22/2030

(g),(k),(m)

100‌

88‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

5.27%

$

160,899‌

Internet

-

1

.39

%

Acuris

Finance

US

Inc

/

Acuris

Finance

SARL

5.00%,

05/01/2028

(g)

560‌

499‌

ANGI

Group

LLC

3.88%,

08/15/2028

(g)

100‌

87‌

Arches

Buyer

Inc

4.25%,

06/01/2028

(g)

1,050‌

937‌

6.13%,

12/01/2028

(g)

1,076‌

891‌

Cablevision

Lightpath

LLC

3.88%,

09/15/2027

(g),(h)

3,990‌

3,659‌

5.63%,

09/15/2028

(g)

7,378‌

6,264‌

Cars.com

Inc

6.38%,

11/01/2028

(g)

891‌

876‌

Cogent

Communications

Group

Inc

/

Cogent

Communications

Finance

Inc

7.00%,

06/15/2027

(g)

1,570‌

1,585‌

Cogent

Communications

Group

LLC

3.50%,

05/01/2026

(g)

2‌

2‌

7.00%,

06/15/2027

(g)

842‌

849‌

Gen

Digital

Inc

6.75%,

09/30/2027

(g)

765‌

778‌

7.13%,

09/30/2030

(g)

11,775‌

12,173‌

Getty

Images

Inc

9.75%,

03/01/2027

(g),(h)

268‌

268‌

Go

Daddy

Operating

Co

LLC

/

GD

Finance

Co

Inc

3.50%,

03/01/2029

(g)

689‌

626‌

5.25%,

12/01/2027

(g)

1,535‌

1,511‌

GrubHub

Holdings

Inc

5.50%,

07/01/2027

(g)

576‌

531‌

ION

Trading

Technologies

Sarl

5.75%,

05/15/2028

(g)

690‌

638‌

9.50%,

05/30/2029

(g)

1,655‌

1,720‌

Match

Group

Holdings

II

LLC

3.63%,

10/01/2031

(g)

275‌

237‌

4.13%,

08/01/2030

(g)

720‌

647‌

4.63%,

06/01/2028

(g)

1,225‌

1,169‌

5.00%,

12/15/2027

(g)

1,225‌

1,191‌

5.63%,

02/15/2029

(g)

1,149‌

1,118‌

Millennium

Escrow

Corp

6.63%,

08/01/2026

(g)

850‌

447‌

Newfold

Digital

Holdings

Group

Inc

6.00%,

02/15/2029

(g)

1,750‌

1,216‌

11.75%,

10/15/2028

(g)

980‌

990‌

Rakuten

Group

Inc

5.13%,

04/22/2026

(g),(k),(m)

761‌

696‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.58%

6.25%,

04/22/2031

(g),(h),(k),(m)

1,870‌

1,545‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.96%

9.75%,

04/15/2029

(g)

2,926‌

3,098‌

11.25%,

02/15/2027

(g)

2,505‌

2,707‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Internet

(continued)

Uber

Technologies

Inc

4.50%,

08/15/2029

(g)

$

1,565‌

$

1,509‌

6.25%,

01/15/2028

(g)

590‌

595‌

7.50%,

09/15/2027

(g)

1,052‌

1,072‌

8.00%,

11/01/2026

(g)

749‌

752‌

Ziff

Davis

Inc

4.63%,

10/15/2030

(g)

805‌

726‌

$

53,609‌

Investment

Companies

-

0

.82

%

Blue

Owl

Credit

Income

Corp

6.65%,

03/15/2031

3,325‌

3,349‌

Compass

Group

Diversified

Holdings

LLC

5.00%,

01/15/2032

(g),(h)

805‌

733‌

5.25%,

04/15/2029

(g)

710‌

680‌

Icahn

Enterprises

LP

/

Icahn

Enterprises

Finance

Corp

4.38%,

02/01/2029

9,034‌

7,862‌

5.25%,

05/15/2027

2,514‌

2,411‌

6.25%,

05/15/2026

2,715‌

2,706‌

9.00%,

06/15/2030

(g)

7,375‌

7,471‌

9.75%,

01/15/2029

(g)

5,887‌

6,199‌

$

31,411‌

Iron

&

Steel

-

1

.13

%

Algoma

Steel

Inc

9.13%,

04/15/2029

(g)

1,755‌

1,752‌

Allegheny

Ludlum

LLC

6.95%,

12/15/2025

170‌

173‌

ATI

Inc

4.88%,

10/01/2029

383‌

364‌

5.13%,

10/01/2031

4‌

4‌

5.88%,

12/01/2027

1,095‌

1,086‌

Baffinland

Iron

Mines

Corp

/

Baffinland

Iron

Mines

LP

8.75%,

07/15/2026

(g)

21,724‌

19,530‌

Big

River

Steel

LLC

/

BRS

Finance

Corp

6.63%,

01/31/2029

(g)

707‌

708‌

Carpenter

Technology

Corp

6.38%,

07/15/2028

369‌

371‌

7.63%,

03/15/2030

375‌

391‌

Cleveland-Cliffs

Inc

4.63%,

03/01/2029

(g)

395‌

374‌

4.88%,

03/01/2031

(g)

356‌

325‌

5.88%,

06/01/2027

566‌

565‌

6.25%,

10/01/2040

293‌

253‌

6.75%,

04/15/2030

(g)

805‌

810‌

7.00%,

03/15/2032

(g)

999‌

1,003‌

Commercial

Metals

Co

3.88%,

02/15/2031

3‌

3‌

4.13%,

01/15/2030

6‌

6‌

4.38%,

03/15/2032

426‌

389‌

Infrabuild

Australia

Pty

Ltd

14.50%,

11/15/2028

(g)

920‌

948‌

Mineral

Resources

Ltd

8.00%,

11/01/2027

(g)

1,940‌

1,991‌

8.13%,

05/01/2027

(g)

1,080‌

1,095‌

9.25%,

10/01/2028

(g)

1,700‌

1,808‌

Specialty

Steel

15.29%,

11/15/2026

(e),(f)

8,096‌

8,096‌

TMS

International

Corp/DE

6.25%,

04/15/2029

(g)

990‌

919‌

United

States

Steel

Corp

6.88%,

03/01/2029

515‌

518‌

$

43,482‌

Leisure

Products

&

Services

-

1

.40

%

Acushnet

Co

7.38%,

10/15/2028

(g)

57‌

59‌

Amer

Sports

Co

6.75%,

02/16/2031

(g),(h)

1,340‌

1,333‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

112

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Leisure

Products

&

Services

(continued)

Carnival

Corp

4.00%,

08/01/2028

(g)

$

2,540‌

$

2,403‌

5.75%,

03/01/2027

(g)

14,635‌

14,562‌

6.00%,

05/01/2029

(g)

1,393‌

1,390‌

6.65%,

01/15/2028

219‌

220‌

7.00%,

08/15/2029

(g)

364‌

380‌

7.63%,

03/01/2026

(g)

1,330‌

1,343‌

10.50%,

06/01/2030

(g)

1,300‌

1,413‌

Carnival

Holdings

Bermuda

Ltd

10.38%,

05/01/2028

(g)

2,106‌

2,277‌

Carnival

PLC

7.88%,

06/01/2027

750‌

795‌

Life

Time

Inc

5.75%,

01/15/2026

(g)

1,785‌

1,778‌

Lindblad

Expeditions

Holdings

Inc

9.00%,

05/15/2028

(g)

300‌

312‌

Lindblad

Expeditions

LLC

6.75%,

02/15/2027

(g)

200‌

200‌

MajorDrive

Holdings

IV

LLC

6.38%,

06/01/2029

(g)

1,390‌

1,320‌

NCL

Corp

Ltd

5.88%,

03/15/2026

(g)

2,185‌

2,175‌

5.88%,

02/15/2027

(g)

1,460‌

1,449‌

7.75%,

02/15/2029

(g),(h)

963‌

1,013‌

8.13%,

01/15/2029

(g)

897‌

954‌

8.38%,

02/01/2028

(g)

540‌

569‌

NCL

Finance

Ltd

6.13%,

03/15/2028

(g)

500‌

500‌

Royal

Caribbean

Cruises

Ltd

3.70%,

03/15/2028

600‌

565‌

4.25%,

07/01/2026

(g)

370‌

360‌

5.38%,

07/15/2027

(g)

1,350‌

1,342‌

5.50%,

08/31/2026

(g)

1,720‌

1,712‌

5.50%,

04/01/2028

(g)

3,445‌

3,432‌

6.00%,

02/01/2033

(g),(l)

951‌

957‌

6.25%,

03/15/2032

(g)

1,700‌

1,734‌

7.25%,

01/15/2030

(g)

915‌

959‌

7.50%,

10/15/2027

400‌

423‌

9.25%,

01/15/2029

(g)

1,303‌

1,393‌

Sabre

GLBL

Inc

8.63%,

06/01/2027

(g)

570‌

533‌

11.25%,

12/15/2027

(g)

780‌

772‌

Viking

Cruises

Ltd

5.88%,

09/15/2027

(g)

11‌

11‌

7.00%,

02/15/2029

(g)

1,001‌

1,011‌

9.13%,

07/15/2031

(g)

1,314‌

1,433‌

Viking

Ocean

Cruises

Ship

VII

Ltd

5.63%,

02/15/2029

(g)

330‌

326‌

VOC

Escrow

Ltd

5.00%,

02/15/2028

(g)

554‌

541‌

$

53,949‌

Lodging

-

2

.14

%

Boyd

Gaming

Corp

4.75%,

12/01/2027

1,070‌

1,040‌

4.75%,

06/15/2031

(g)

15,471‌

14,251‌

Full

House

Resorts

Inc

8.25%,

02/15/2028

(g)

1,700‌

1,674‌

Genting

New

York

LLC

/

GENNY

Capital

Inc

3.30%,

02/15/2026

(g)

95‌

91‌

Hilton

Domestic

Operating

Co

Inc

3.63%,

02/15/2032

(g)

2,975‌

2,606‌

3.75%,

05/01/2029

(g)

1,120‌

1,038‌

4.00%,

05/01/2031

(g)

1,555‌

1,408‌

4.88%,

01/15/2030

1,650‌

1,595‌

5.75%,

05/01/2028

(g)

170‌

170‌

5.88%,

04/01/2029

(g)

777‌

783‌

6.13%,

04/01/2032

(g)

327‌

330‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Lodging

(continued)

Hilton

Grand

Vacations

Borrower

Escrow

LLC

/

Hilton

Grand

Vacations

Borrower

Esc

6.63%,

01/15/2032

(g)

$

995‌

$

1,005‌

Hilton

Grand

Vacations

Borrower

Escrow

LLC

/

Hilton

Grand

Vacations

Borrower

Escrow

Inc

4.88%,

07/01/2031

(g)

1,850‌

1,666‌

5.00%,

06/01/2029

(g)

6‌

6‌

Hilton

Worldwide

Finance

LLC

/

Hilton

Worldwide

Finance

Corp

4.88%,

04/01/2027

969‌

956‌

Melco

Resorts

Finance

Ltd

5.25%,

04/26/2026

810‌

784‌

5.38%,

12/04/2029

(g)

2,215‌

1,992‌

5.63%,

07/17/2027

780‌

744‌

5.75%,

07/21/2028

(g)

2,460‌

2,305‌

7.63%,

04/17/2032

(g)

2,229‌

2,218‌

MGM

China

Holdings

Ltd

4.75%,

02/01/2027

(g)

1,100‌

1,050‌

5.88%,

05/15/2026

(g),(h)

2,000‌

1,978‌

7.13%,

06/26/2031

(g),(h)

500‌

507‌

MGM

Resorts

International

4.63%,

09/01/2026

1‌

1‌

4.75%,

10/15/2028

955‌

918‌

5.50%,

04/15/2027

843‌

837‌

6.50%,

04/15/2032

1,670‌

1,676‌

Station

Casinos

LLC

4.50%,

02/15/2028

(g)

600‌

569‌

4.63%,

12/01/2031

(g),(h)

20,945‌

19,087‌

6.63%,

03/15/2032

(g)

1,380‌

1,393‌

Studio

City

Finance

Ltd

5.00%,

01/15/2029

(g)

2,082‌

1,855‌

6.50%,

01/15/2028

(g)

1,749‌

1,676‌

Travel

+

Leisure

Co

4.50%,

12/01/2029

(g)

1,115‌

1,036‌

4.63%,

03/01/2030

(g)

900‌

827‌

6.00%,

04/01/2027

1,549‌

1,554‌

6.60%,

10/01/2025

718‌

724‌

6.63%,

07/31/2026

(g)

1,775‌

1,791‌

Wyndham

Hotels

&

Resorts

Inc

4.38%,

08/15/2028

(g)

1,445‌

1,363‌

Wynn

Las

Vegas

LLC

/

Wynn

Las

Vegas

Capital

Corp

5.25%,

05/15/2027

(g)

1,054‌

1,033‌

Wynn

Macau

Ltd

5.13%,

12/15/2029

(g)

1,505‌

1,376‌

5.50%,

01/15/2026

(g)

1,880‌

1,849‌

5.50%,

10/01/2027

(g)

980‌

935‌

5.63%,

08/26/2028

(g)

1,680‌

1,591‌

$

82,288‌

Machinery

-

Construction

&

Mining

-

0

.08

%

BWX

Technologies

Inc

4.13%,

06/30/2028

(g)

497‌

473‌

4.13%,

04/15/2029

(g)

910‌

858‌

Terex

Corp

5.00%,

05/15/2029

(g)

756‌

727‌

Vertiv

Group

Corp

4.13%,

11/15/2028

(g)

1,000‌

947‌

$

3,005‌

Machinery

-

Diversified

-

1

.02

%

ATS

Corp

4.13%,

12/15/2028

(g)

26‌

24‌

Chart

Industries

Inc

7.50%,

01/01/2030

(g)

8,867‌

9,225‌

9.50%,

01/01/2031

(g)

7,640‌

8,298‌

Esab

Corp

6.25%,

04/15/2029

(g)

703‌

713‌

GrafTech

Finance

Inc

4.63%,

12/15/2028

(g),(h)

600‌

417‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

113

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Machinery

-

Diversified

(continued)

GrafTech

Global

Enterprises

Inc

9.88%,

12/15/2028

(g),(h)

$

542‌

$

419‌

Husky

Injection

Molding

Systems

Ltd

/

Titan

Co-

Borrower

LLC

9.00%,

02/15/2029

(g)

1,800‌

1,848‌

Maxim

Crane

Works

Holdings

Capital

LLC

11.50%,

09/01/2028

(g)

1,420‌

1,461‌

Mueller

Water

Products

Inc

4.00%,

06/15/2029

(g)

240‌

224‌

OT

Merger

Corp

7.88%,

10/15/2029

(g)

345‌

150‌

SPX

FLOW

Inc

8.75%,

04/01/2030

(g)

10,426‌

10,863‌

TK

Elevator

Holdco

GmbH

7.63%,

07/15/2028

(g)

4,810‌

4,809‌

TK

Elevator

US

Newco

Inc

5.25%,

07/15/2027

(g)

932‌

914‌

$

39,365‌

Media

-

5

.16

%

AMC

Networks

Inc

4.25%,

02/15/2029

(h)

655‌

451‌

10.25%,

01/15/2029

(g)

422‌

417‌

Beasley

Mezzanine

Holdings

LLC

8.63%,

02/01/2026

(g)

360‌

213‌

Belo

Corp

7.25%,

09/15/2027

(h)

1,640‌

1,657‌

7.75%,

06/01/2027

1,515‌

1,571‌

Block

Communications

Inc

4.88%,

03/01/2028

(g)

437‌

399‌

Cable

One

Inc

4.00%,

11/15/2030

(g),(h)

1,670‌

1,284‌

CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp

4.25%,

02/01/2031

(g)

9,470‌

8,057‌

4.25%,

01/15/2034

(g)

9,789‌

7,733‌

4.50%,

08/15/2030

(g)

2,940‌

2,574‌

4.50%,

05/01/2032

9,221‌

7,721‌

4.50%,

06/01/2033

(g)

5,416‌

4,450‌

4.75%,

03/01/2030

(g)

6,975‌

6,244‌

4.75%,

02/01/2032

(g)

2,325‌

1,988‌

5.00%,

02/01/2028

(g)

4,770‌

4,541‌

5.13%,

05/01/2027

(g)

3,583‌

3,480‌

5.38%,

06/01/2029

(g)

4,102‌

3,835‌

5.50%,

05/01/2026

(g)

2,070‌

2,059‌

6.38%,

09/01/2029

(g)

2,100‌

2,045‌

7.38%,

03/01/2031

(g),(h)

2,580‌

2,605‌

CSC

Holdings

LLC

3.38%,

02/15/2031

(g)

1,150‌

764‌

4.13%,

12/01/2030

(g)

600‌

415‌

4.50%,

11/15/2031

(g)

1,110‌

765‌

4.63%,

12/01/2030

(g)

6,710‌

2,651‌

5.00%,

11/15/2031

(g)

565‌

226‌

5.38%,

02/01/2028

(g)

900‌

714‌

5.50%,

04/15/2027

(g)

3,580‌

2,993‌

5.75%,

01/15/2030

(g)

2,382‌

961‌

6.50%,

02/01/2029

(g)

1,563‌

1,204‌

7.50%,

04/01/2028

(g)

3,815‌

2,139‌

11.25%,

05/15/2028

(g)

1,010‌

913‌

11.75%,

01/31/2029

(g)

1,940‌

1,754‌

Cumulus

Media

New

Holdings

Inc

8.00%,

07/01/2029

(g)

348‌

136‌

Directv

Financing

LLC

8.88%,

02/01/2030

(g)

1,450‌

1,452‌

Directv

Financing

LLC

/

Directv

Financing

Co-

Obligor

Inc

5.88%,

08/15/2027

(g)

4,834‌

4,655‌

DISH

DBS

Corp

5.25%,

12/01/2026

(g)

3,210‌

2,672‌

5.75%,

12/01/2028

(g)

2,945‌

2,162‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Media

(continued)

DISH

Network

Corp

11.75%,

11/15/2027

(g)

$

13,923‌

$

13,936‌

Gannett

Holdings

LLC

6.00%,

11/01/2026

(g)

1,825‌

1,773‌

GCI

LLC

4.75%,

10/15/2028

(g)

800‌

743‌

Gray

Television

Inc

4.75%,

10/15/2030

(g)

700‌

470‌

5.38%,

11/15/2031

(g)

920‌

600‌

7.00%,

05/15/2027

(g),(h)

155‌

150‌

10.50%,

07/15/2029

(g)

1,530‌

1,597‌

Historic

TW

Inc

8.30%,

01/15/2036

(i)

13‌

14‌

LCPR

Senior

Secured

Financing

DAC

5.13%,

07/15/2029

(g)

1,061‌

883‌

6.75%,

10/15/2027

(g)

2,835‌

2,642‌

McGraw-Hill

Education

Inc

5.75%,

08/01/2028

(g)

1,760‌

1,695‌

8.00%,

08/01/2029

(g)

4,316‌

4,209‌

Midcontinent

Communications

/

Midcontinent

Finance

Corp

5.38%,

08/15/2027

(g)

1,355‌

1,330‌

News

Corp

3.88%,

05/15/2029

(g)

705‌

653‌

5.13%,

02/15/2032

(g)

426‌

405‌

Nexstar

Media

Inc

4.75%,

11/01/2028

(g)

3,277‌

3,015‌

5.63%,

07/15/2027

(g)

4,643‌

4,503‌

Paramount

Global

6.25%,

02/28/2057

(k)

1,657‌

1,447‌

3

Month

USD

LIBOR

+

3.90%

6.38%,

03/30/2062

(k)

1,460‌

1,340‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.00%

Radiate

Holdco

LLC

/

Radiate

Finance

Inc

4.50%,

09/15/2026

(g)

1,200‌

960‌

6.50%,

09/15/2028

(g)

1,085‌

596‌

Scripps

Escrow

II

Inc

5.38%,

01/15/2031

(g)

2,773‌

1,327‌

Sinclair

Television

Group

Inc

4.13%,

12/01/2030

(g),(h)

755‌

525‌

5.13%,

02/15/2027

(g)

18‌

15‌

5.50%,

03/01/2030

(g),(h)

830‌

505‌

Sirius

XM

Radio

Inc

3.13%,

09/01/2026

(g)

1,178‌

1,119‌

3.88%,

09/01/2031

(g)

300‌

251‌

4.00%,

07/15/2028

(g)

5,005‌

4,593‌

4.13%,

07/01/2030

(g)

8,895‌

7,732‌

5.00%,

08/01/2027

(g)

2,595‌

2,511‌

5.50%,

07/01/2029

(g)

1,322‌

1,264‌

SportsNet

New

York

10.25%,

01/15/2025

(e),(f)

4,130‌

3,932‌

Sunrise

FinCo

I

BV

4.88%,

07/15/2031

(g)

2,180‌

1,983‌

Sunrise

HoldCo

IV

BV

5.50%,

01/15/2028

(g)

5‌

5‌

TEGNA

Inc

4.63%,

03/15/2028

2,800‌

2,569‌

4.75%,

03/15/2026

(g)

918‌

904‌

5.00%,

09/15/2029

2,900‌

2,646‌

Telenet

Finance

Luxembourg

Notes

Sarl

5.50%,

03/01/2028

(g)

3,600‌

3,433‌

Univision

Communications

Inc

4.50%,

05/01/2029

(g)

1,400‌

1,223‌

6.63%,

06/01/2027

(g)

2,307‌

2,296‌

7.38%,

06/30/2030

(g)

1,200‌

1,155‌

8.00%,

08/15/2028

(g)

2,397‌

2,409‌

8.50%,

07/31/2031

(g)

2,276‌

2,252‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

114

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Media

(continued)

Urban

One

Inc

7.38%,

02/01/2028

(g)

$

450‌

$

343‌

Virgin

Media

Finance

PLC

5.00%,

07/15/2030

(g)

12,896‌

10,868‌

Virgin

Media

Secured

Finance

PLC

4.50%,

08/15/2030

(g)

710‌

616‌

5.50%,

05/15/2029

(g)

2,625‌

2,445‌

Virgin

Media

Vendor

Financing

Notes

IV

DAC

5.00%,

07/15/2028

(g)

1,880‌

1,761‌

VZ

Secured

Financing

BV

5.00%,

01/15/2032

(g)

3,035‌

2,659‌

Warner

Media

LLC

7.63%,

04/15/2031

300‌

320‌

Ziggo

Bond

Co

BV

5.13%,

02/28/2030

(g)

815‌

720‌

6.00%,

01/15/2027

(g)

1,255‌

1,248‌

Ziggo

BV

4.88%,

01/15/2030

(g)

100‌

91‌

$

198,581‌

Metal

Fabrication

&

Hardware

-

0

.10

%

Advanced

Drainage

Systems

Inc

5.00%,

09/30/2027

(g)

1,830‌

1,792‌

6.38%,

06/15/2030

(g)

995‌

1,002‌

Park-Ohio

Industries

Inc

6.63%,

04/15/2027

940‌

903‌

Roller

Bearing

Co

of

America

Inc

4.38%,

10/15/2029

(g)

5‌

5‌

$

3,702‌

Mining

-

1

.72

%

Alcoa

Nederland

Holding

BV

4.13%,

03/31/2029

(g)

605‌

565‌

AngloGold

Ashanti

Holdings

PLC

6.50%,

04/15/2040

350‌

356‌

Arsenal

AIC

Parent

LLC

8.00%,

10/01/2030

(g)

6,597‌

7,019‌

11.50%,

10/01/2031

(g)

10,460‌

11,688‌

Century

Aluminum

Co

7.50%,

04/01/2028

(g),(h)

11,500‌

11,670‌

Coeur

Mining

Inc

5.13%,

02/15/2029

(g)

1,060‌

990‌

Compass

Minerals

International

Inc

6.75%,

12/01/2027

(g),(h)

1,133‌

1,115‌

Constellium

SE

3.75%,

04/15/2029

(g)

5,175‌

4,722‌

5.63%,

06/15/2028

(g)

370‌

364‌

5.88%,

02/15/2026

(g)

35‌

35‌

6.38%,

08/15/2032

(g),(l)

1,575‌

1,573‌

FMG

Resources

August

2006

Pty

Ltd

4.38%,

04/01/2031

(g)

1,815‌

1,641‌

4.50%,

09/15/2027

(g)

270‌

259‌

5.88%,

04/15/2030

(g)

700‌

690‌

6.13%,

04/15/2032

(g)

230‌

228‌

Hecla

Mining

Co

7.25%,

02/15/2028

410‌

413‌

Hudbay

Minerals

Inc

4.50%,

04/01/2026

1,110‌

1,085‌

6.13%,

04/01/2029

570‌

570‌

JW

Aluminum

Continuous

Cast

Co

10.25%,

06/01/2026

(g)

435‌

435‌

Kaiser

Aluminum

Corp

4.50%,

06/01/2031

(g)

861‌

763‌

4.63%,

03/01/2028

(g)

5‌

5‌

New

Gold

Inc

7.50%,

07/15/2027

(g)

1,999‌

2,022‌

Northwest

Acquisitions

ULC

/

Dominion

Finco

Inc

0.00%,

11/01/2022

(d),(g)

15,820‌

—‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Mining

(continued)

Novelis

Corp

3.25%,

11/15/2026

(g)

$

1,385‌

$

1,318‌

3.88%,

08/15/2031

(g)

3,735‌

3,281‌

4.75%,

01/30/2030

(g)

11,660‌

11,017‌

Perenti

Finance

Pty

Ltd

6.50%,

10/07/2025

(g)

1,366‌

1,364‌

7.50%,

04/26/2029

(g),(h)

383‌

393‌

Taseko

Mines

Ltd

8.25%,

05/01/2030

(g)

800‌

820‌

$

66,401‌

Miscellaneous

Manufacturers

-

0

.18

%

Amsted

Industries

Inc

4.63%,

05/15/2030

(g)

750‌

691‌

5.63%,

07/01/2027

(g)

1,210‌

1,190‌

Calderys

Financing

LLC

11.25%,

06/01/2028

(g)

590‌

631‌

Enpro

Inc

5.75%,

10/15/2026

61‌

61‌

FXI

Holdings

Inc

12.25%,

11/15/2026

(g)

1,651‌

1,643‌

12.25%,

11/15/2026

(g)

500‌

497‌

Hillenbrand

Inc

3.75%,

03/01/2031

18‌

16‌

5.00%,

09/15/2026

200‌

197‌

6.25%,

02/15/2029

1,284‌

1,300‌

LSB

Industries

Inc

6.25%,

10/15/2028

(g)

700‌

681‌

Trinity

Industries

Inc

7.75%,

07/15/2028

(g)

200‌

209‌

$

7,116‌

Office

&

Business

Equipment

-

0

.10

%

Pitney

Bowes

Inc

6.88%,

03/15/2027

(g),(h)

421‌

416‌

7.25%,

03/15/2029

(g)

404‌

380‌

Xerox

Corp

4.80%,

03/01/2035

400‌

273‌

6.75%,

12/15/2039

650‌

511‌

Xerox

Holdings

Corp

5.50%,

08/15/2028

(g)

1,749‌

1,484‌

8.88%,

11/30/2029

(g)

1,000‌

929‌

$

3,993‌

Office

Furnishings

-

0

.04

%

Steelcase

Inc

5.13%,

01/18/2029

1,453‌

1,402‌

Oil

&

Gas

-

4

.96

%

Aethon

United

BR

LP

/

Aethon

United

Finance

Corp

8.25%,

02/15/2026

(g)

1,570‌

1,591‌

Ascent

Resources

Utica

Holdings

LLC

/

ARU

Finance

Corp

5.88%,

06/30/2029

(g)

1,150‌

1,128‌

7.00%,

11/01/2026

(g)

830‌

831‌

8.25%,

12/31/2028

(g)

63‌

65‌

Athabasca

Oil

Corp

9.75%,

11/01/2026

(g)

591‌

624‌

Baytex

Energy

Corp

7.38%,

03/15/2032

(g)

506‌

517‌

8.50%,

04/30/2030

(g)

1,300‌

1,372‌

Berry

Petroleum

Co

LLC

7.00%,

02/15/2026

(g)

1,565‌

1,549‌

California

Resources

Corp

7.13%,

02/01/2026

(g)

1,335‌

1,338‌

8.25%,

06/15/2029

(g)

2,270‌

2,325‌

Calumet

Specialty

Products

Partners

LP

/

Calumet

Finance

Corp

8.13%,

01/15/2027

(g)

566‌

530‌

9.75%,

07/15/2028

(g)

296‌

271‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

115

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Oil

&

Gas

(continued)

Chesapeake

Energy

Corp

5.50%,

02/01/2026

(g)

$

1,000‌

$

994‌

5.88%,

02/01/2029

(g)

954‌

948‌

6.75%,

04/15/2029

(g)

3,545‌

3,582‌

Chord

Energy

Corp

6.38%,

06/01/2026

(g)

2,100‌

2,110‌

Civitas

Resources

Inc

5.00%,

10/15/2026

(g)

750‌

734‌

8.38%,

07/01/2028

(g)

2,370‌

2,488‌

8.63%,

11/01/2030

(g)

5,480‌

5,919‌

8.75%,

07/01/2031

(g)

2,348‌

2,525‌

CNX

Resources

Corp

6.00%,

01/15/2029

(g)

1,970‌

1,950‌

7.25%,

03/01/2032

(g)

3,461‌

3,576‌

7.38%,

01/15/2031

(g),(h)

4,949‌

5,109‌

Comstock

Resources

Inc

5.88%,

01/15/2030

(g)

6,560‌

6,102‌

6.75%,

03/01/2029

(g)

2,300‌

2,228‌

6.75%,

03/01/2029

(g)

500‌

483‌

Crescent

Energy

Finance

LLC

7.38%,

01/15/2033

(g)

1,200‌

1,217‌

7.63%,

04/01/2032

(g)

1,545‌

1,584‌

9.25%,

02/15/2028

(g)

1,437‌

1,517‌

CVR

Energy

Inc

5.75%,

02/15/2028

(g)

1,710‌

1,612‌

8.50%,

01/15/2029

(g)

1,743‌

1,773‌

Diamond

Foreign

Asset

Co

/

Diamond

Finance

LLC

8.50%,

10/01/2030

(g)

700‌

745‌

Encino

Acquisition

Partners

Holdings

LLC

8.50%,

05/01/2028

(g)

565‌

580‌

8.75%,

05/01/2031

(g)

1,518‌

1,594‌

Endeavor

Energy

Resources

LP

/

EER

Finance

Inc

5.75%,

01/30/2028

(g)

337‌

340‌

EnQuest

PLC

11.63%,

11/01/2027

(g),(h)

300‌

307‌

Global

Marine

Inc

7.00%,

06/01/2028

300‌

281‌

Greenfire

Resources

Ltd

12.00%,

10/01/2028

(g)

1,107‌

1,190‌

Gulfport

Energy

Corp

8.00%,

05/17/2026

370‌

375‌

Harbour

Energy

PLC

5.50%,

10/15/2026

(g)

1,065‌

1,051‌

Hilcorp

Energy

I

LP

/

Hilcorp

Finance

Co

5.75%,

02/01/2029

(g)

800‌

787‌

6.00%,

04/15/2030

(g)

2,600‌

2,544‌

6.00%,

02/01/2031

(g)

3,279‌

3,182‌

6.25%,

11/01/2028

(g)

500‌

500‌

6.25%,

04/15/2032

(g)

5,327‌

5,182‌

6.88%,

05/15/2034

(g)

100‌

99‌

8.38%,

11/01/2033

(g)

2,660‌

2,878‌

Ithaca

Energy

North

Sea

PLC

9.00%,

07/15/2026

(g)

1,755‌

1,784‌

Kraken

Oil

&

Gas

Partners

LLC

7.63%,

08/15/2029

(g)

724‌

731‌

Magnolia

Oil

&

Gas

Operating

LLC

/

Magnolia

Oil

&

Gas

Finance

Corp

6.00%,

08/01/2026

(g)

374‌

372‌

Matador

Resources

Co

6.50%,

04/15/2032

(g)

2,500‌

2,513‌

6.88%,

04/15/2028

(g)

2,730‌

2,784‌

MEG

Energy

Corp

5.88%,

02/01/2029

(g)

3,995‌

3,945‌

Moss

Creek

Resources

Holdings

Inc

7.50%,

01/15/2026

(g)

900‌

899‌

10.50%,

05/15/2027

(g)

1,350‌

1,381‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Oil

&

Gas

(continued)

Murphy

Oil

Corp

5.87%,

12/01/2042

$

375‌

$

344‌

5.88%,

12/01/2027

595‌

595‌

6.38%,

07/15/2028

808‌

813‌

7.05%,

05/01/2029

365‌

385‌

Nabors

Industries

Inc

7.38%,

05/15/2027

(g)

1,645‌

1,675‌

9.13%,

01/31/2030

(g)

787‌

841‌

Nabors

Industries

Ltd

7.25%,

01/15/2026

(g)

815‌

830‌

7.50%,

01/15/2028

(g)

400‌

393‌

Noble

Finance

II

LLC

8.00%,

04/15/2030

(g)

420‌

441‌

Northern

Oil

&

Gas

Inc

8.13%,

03/01/2028

(g)

1,936‌

1,975‌

8.75%,

06/15/2031

(g)

1,060‌

1,117‌

Parkland

Corp

4.50%,

10/01/2029

(g)

908‌

848‌

4.63%,

05/01/2030

(g)

1,075‌

999‌

5.88%,

07/15/2027

(g)

75‌

75‌

PBF

Holding

Co

LLC

/

PBF

Finance

Corp

6.00%,

02/15/2028

525‌

515‌

7.88%,

09/15/2030

(g),(h)

866‌

897‌

Permian

Resources

Operating

LLC

5.38%,

01/15/2026

(g)

705‌

704‌

5.88%,

07/01/2029

(g)

1,990‌

1,978‌

7.00%,

01/15/2032

(g)

1,522‌

1,576‌

7.75%,

02/15/2026

(g)

433‌

438‌

8.00%,

04/15/2027

(g)

500‌

516‌

9.88%,

07/15/2031

(g)

1,767‌

1,969‌

Petrofac

Ltd

0.00%,

11/15/2026

(d),(g)

797‌

126‌

Precision

Drilling

Corp

6.88%,

01/15/2029

(g)

600‌

600‌

Puma

International

Financing

SA

5.00%,

01/24/2026

(g)

600‌

586‌

7.75%,

04/25/2029

(g)

1,970‌

1,995‌

Range

Resources

Corp

4.75%,

02/15/2030

(g)

1,105‌

1,047‌

8.25%,

01/15/2029

435‌

452‌

Saturn

Oil

&

Gas

Inc

9.63%,

06/15/2029

(g)

1,355‌

1,392‌

Seadrill

Finance

Ltd

8.38%,

08/01/2030

(g)

850‌

896‌

Sitio

Royalties

Operating

Partnership

LP

/

Sitio

Finance

Corp

7.88%,

11/01/2028

(g)

1,030‌

1,078‌

SM

Energy

Co

6.50%,

07/15/2028

1,160‌

1,157‌

6.63%,

01/15/2027

11‌

11‌

6.75%,

09/15/2026

1,075‌

1,076‌

6.75%,

08/01/2029

(g)

2,560‌

2,577‌

7.00%,

08/01/2032

(g)

7,580‌

7,662‌

Southwestern

Energy

Co

5.38%,

02/01/2029

5‌

5‌

8.38%,

09/15/2028

65‌

67‌

Sunoco

LP

7.00%,

05/01/2029

(g)

1,133‌

1,166‌

7.25%,

05/01/2032

(g)

1,085‌

1,128‌

Sunoco

LP

/

Sunoco

Finance

Corp

4.50%,

05/15/2029

1,425‌

1,347‌

4.50%,

04/30/2030

1,150‌

1,073‌

5.88%,

03/15/2028

807‌

804‌

6.00%,

04/15/2027

788‌

786‌

7.00%,

09/15/2028

(g)

470‌

483‌

Talos

Production

Inc

9.00%,

02/01/2029

(g)

1,100‌

1,159‌

9.38%,

02/01/2031

(g)

1,800‌

1,908‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

116

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Oil

&

Gas

(continued)

Teine

Energy

Ltd

6.88%,

04/15/2029

(g)

$

4,400‌

$

4,363‌

TGNR

Intermediate

Holdings

LLC

5.50%,

10/15/2029

(g)

1,620‌

1,536‌

Transocean

Aquila

Ltd

8.00%,

09/30/2028

(g)

277‌

282‌

Transocean

Inc

6.80%,

03/15/2038

7,415‌

6,365‌

7.50%,

04/15/2031

7,895‌

7,617‌

8.00%,

02/01/2027

(g)

570‌

571‌

8.25%,

05/15/2029

(g)

980‌

1,001‌

8.50%,

05/15/2031

(g)

4,765‌

4,877‌

8.75%,

02/15/2030

(g)

735‌

772‌

9.35%,

12/15/2041

250‌

235‌

Transocean

Poseidon

Ltd

6.88%,

02/01/2027

(g)

107‌

106‌

Transocean

Titan

Financing

Ltd

8.38%,

02/01/2028

(g)

10‌

10‌

Valaris

Ltd

8.38%,

04/30/2030

(g)

1,608‌

1,684‌

Vantage

Drilling

International

Ltd

9.50%,

02/15/2028

(g)

300‌

302‌

Vermilion

Energy

Inc

6.88%,

05/01/2030

(g)

515‌

512‌

Viper

Energy

Inc

5.38%,

11/01/2027

(g)

1,400‌

1,378‌

7.38%,

11/01/2031

(g)

9,475‌

9,943‌

Vital

Energy

Inc

7.75%,

07/31/2029

(g)

1,965‌

1,987‌

7.88%,

04/15/2032

(g)

620‌

631‌

9.75%,

10/15/2030

490‌

536‌

W&T

Offshore

Inc

11.75%,

02/01/2026

(g)

1,000‌

1,027‌

$

190,876‌

Oil

&

Gas

Services

-

0

.50

%

Archrock

Partners

LP

/

Archrock

Partners

Finance

Corp

6.25%,

04/01/2028

(g)

985‌

983‌

6.88%,

04/01/2027

(g)

1,350‌

1,356‌

Bristow

Group

Inc

6.88%,

03/01/2028

(g)

1,905‌

1,888‌

Enerflex

Ltd

9.00%,

10/15/2027

(g)

1,130‌

1,165‌

Helix

Energy

Solutions

Group

Inc

9.75%,

03/01/2029

(g)

2,150‌

2,297‌

KCA

Deutag

UK

Finance

PLC

9.88%,

12/01/2025

(g)

1,216‌

1,227‌

KLX

Energy

Services

Holdings

Inc

11.50%,

11/01/2025

(g)

265‌

261‌

Kodiak

Gas

Services

LLC

7.25%,

02/15/2029

(g)

1,000‌

1,029‌

Nine

Energy

Service

Inc

13.00%,

02/01/2028

400‌

319‌

Oceaneering

International

Inc

6.00%,

02/01/2028

439‌

437‌

6.00%,

02/01/2028

1,976‌

1,968‌

Solaris

Midstream

Holdings

LLC

7.63%,

04/01/2026

(g)

419‌

422‌

Telford

Offshore

Ltd

12.00%,

PIK

12.00%

(i),(j),(m)

504‌

7‌

USA

Compression

Partners

LP

/

USA

Compression

Finance

Corp

6.88%,

09/01/2027

1,732‌

1,742‌

7.13%,

03/15/2029

(g)

1,415‌

1,440‌

Viridien

8.75%,

04/01/2027

(g),(h)

624‌

599‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Oil

&

Gas

Services

(continued)

Weatherford

International

Ltd

8.63%,

04/30/2030

(g)

$

2,035‌

$

2,118‌

$

19,258‌

Packaging

&

Containers

-

2

.19

%

ARD

Finance

SA

6.50%,

PIK

7.25%;

06/30/2027

(g),(i),(j)

1,047‌

264‌

Ardagh

Metal

Packaging

Finance

USA

LLC

/

Ardagh

Metal

Packaging

Finance

PLC

3.25%,

09/01/2028

(g)

708‌

631‌

4.00%,

09/01/2029

(g)

18,019‌

15,304‌

6.00%,

06/15/2027

(g)

1,045‌

1,039‌

Ardagh

Packaging

Finance

PLC

/

Ardagh

Holdings

USA

Inc

4.13%,

08/15/2026

(g)

495‌

419‌

5.25%,

08/15/2027

(g)

814‌

472‌

5.25%,

08/15/2027

(g)

1,015‌

589‌

Ball

Corp

2.88%,

08/15/2030

480‌

412‌

3.13%,

09/15/2031

95‌

81‌

6.00%,

06/15/2029

756‌

763‌

6.88%,

03/15/2028

490‌

504‌

Berry

Global

Inc

4.50%,

02/15/2026

(g)

296‌

289‌

5.63%,

07/15/2027

(g)

770‌

762‌

Cascades

Inc/Cascades

USA

Inc

5.38%,

01/15/2028

(g)

511‌

495‌

Clearwater

Paper

Corp

4.75%,

08/15/2028

(g)

89‌

84‌

Clydesdale

Acquisition

Holdings

Inc

6.63%,

04/15/2029

(g)

160‌

159‌

6.88%,

01/15/2030

(g),(l)

619‌

617‌

8.75%,

04/15/2030

(g)

2,270‌

2,228‌

Crown

Americas

LLC

5.25%,

04/01/2030

480‌

470‌

Crown

Americas

LLC

/

Crown

Americas

Capital

Corp

V

4.25%,

09/30/2026

475‌

459‌

Crown

Americas

LLC

/

Crown

Americas

Capital

Corp

VI

4.75%,

02/01/2026

868‌

855‌

Crown

Cork

&

Seal

Co

Inc

7.38%,

12/15/2026

654‌

681‌

Graham

Packaging

Co

Inc

7.13%,

08/15/2028

(g)

1,035‌

1,009‌

Intelligent

Packaging

Ltd

Finco

Inc

/

Intelligent

Packaging

Ltd

Co-Issuer

LLC

6.00%,

09/15/2028

(g)

6,526‌

6,397‌

Iris

Holding

Inc

10.00%,

12/15/2028

(g)

600‌

508‌

LABL

Inc

5.88%,

11/01/2028

(g)

1,300‌

1,201‌

6.75%,

07/15/2026

(g)

1,620‌

1,610‌

8.25%,

11/01/2029

(g)

1,965‌

1,722‌

9.50%,

11/01/2028

(g)

1,002‌

1,012‌

10.50%,

07/15/2027

(g)

1,155‌

1,125‌

Mauser

Packaging

Solutions

Holding

Co

7.88%,

04/15/2027

(g)

3,269‌

3,374‌

9.25%,

04/15/2027

(g)

1,900‌

1,903‌

OI

European

Group

BV

4.75%,

02/15/2030

(g)

302‌

278‌

Owens-Brockway

Glass

Container

Inc

6.63%,

05/13/2027

(g)

415‌

415‌

7.25%,

05/15/2031

(g)

500‌

495‌

7.38%,

06/01/2032

(g)

300‌

296‌

Pactiv

Evergreen

Group

Issuer

Inc/Pactiv

Evergreen

Group

Issuer

LLC

4.00%,

10/15/2027

(g)

1,215‌

1,148‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

117

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Packaging

&

Containers

(continued)

Pactiv

Evergreen

Group

Issuer

LLC

/

Pactiv

Evergreen

Group

Issuer

Inc

4.38%,

10/15/2028

(g)

$

758‌

$

712‌

Pactiv

LLC

7.95%,

12/15/2025

124‌

127‌

8.38%,

04/15/2027

10‌

11‌

Sealed

Air

Corp

4.00%,

12/01/2027

(g)

680‌

645‌

5.00%,

04/15/2029

(g)

213‌

206‌

6.50%,

07/15/2032

(g)

2,198‌

2,228‌

6.88%,

07/15/2033

(g)

870‌

915‌

Sealed

Air

Corp/Sealed

Air

Corp

US

6.13%,

02/01/2028

(g)

870‌

876‌

7.25%,

02/15/2031

(g)

5,150‌

5,361‌

Silgan

Holdings

Inc

4.13%,

02/01/2028

1,015‌

967‌

Trident

TPI

Holdings

Inc

12.75%,

12/31/2028

(g)

1,755‌

1,918‌

TriMas

Corp

4.13%,

04/15/2029

(g)

1,507‌

1,392‌

Trivium

Packaging

Finance

BV

5.50%,

08/15/2026

(g)

17,837‌

17,471‌

8.50%,

08/15/2027

(g)

1,562‌

1,533‌

$

84,432‌

Pharmaceuticals

-

1

.05

%

180

Medical

Inc

3.88%,

10/15/2029

(g)

105‌

95‌

AdaptHealth

LLC

4.63%,

08/01/2029

(g)

205‌

183‌

5.13%,

03/01/2030

(g)

588‌

526‌

6.13%,

08/01/2028

(g)

410‌

400‌

Bausch

Health

Americas

Inc

8.50%,

01/31/2027

(g)

700‌

518‌

9.25%,

04/01/2026

(g)

996‌

879‌

Bausch

Health

Cos

Inc

4.88%,

06/01/2028

(g)

1,960‌

1,509‌

5.00%,

01/30/2028

(g)

500‌

280‌

5.00%,

02/15/2029

(g)

500‌

257‌

5.25%,

01/30/2030

(g)

835‌

422‌

5.25%,

02/15/2031

(g)

580‌

295‌

5.50%,

11/01/2025

(g)

830‌

777‌

5.75%,

08/15/2027

(g)

345‌

281‌

6.13%,

02/01/2027

(g)

5‌

4‌

6.25%,

02/15/2029

(g)

955‌

504‌

7.00%,

01/15/2028

(g)

225‌

130‌

7.25%,

05/30/2029

(g)

400‌

216‌

9.00%,

12/15/2025

(g)

412‌

367‌

11.00%,

09/30/2028

(g)

2,200‌

2,058‌

14.00%,

10/15/2030

(g)

221‌

190‌

BellRing

Brands

Inc

7.00%,

03/15/2030

(g)

1,597‌

1,646‌

Cheplapharm

Arzneimittel

GmbH

5.50%,

01/15/2028

(g)

785‌

734‌

Elanco

Animal

Health

Inc

6.65%,

08/28/2028

800‌

814‌

Endo

Finance

Holdings

Inc

8.50%,

04/15/2031

(g)

1,300‌

1,370‌

Grifols

SA

3.88%,

10/15/2028

(g)

EUR

3,800‌

3,619‌

4.75%,

10/15/2028

(g)

$

5,080‌

4,635‌

Herbalife

Nutrition

Ltd

/

HLF

Financing

Inc

7.88%,

09/01/2025

(g),(h)

1,148‌

1,141‌

HLF

Financing

Sarl

LLC

/

Herbalife

International

Inc

4.88%,

06/01/2029

(g)

1,384‌

941‌

12.25%,

04/15/2029

(g)

2,050‌

2,055‌

Jazz

Securities

DAC

4.38%,

01/15/2029

(g)

1,500‌

1,409‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Pharmaceuticals

(continued)

Mallinckrodt

International

Finance

SA

/

Mallinckrodt

CB

LLC

14.75%,

11/14/2028

(g)

$

2,160‌

$

2,351‌

Option

Care

Health

Inc

4.38%,

10/31/2029

(g)

2,583‌

2,413‌

Organon

&

Co

/

Organon

Foreign

Debt

Co-Issuer

BV

4.13%,

04/30/2028

(g)

2,790‌

2,621‌

5.13%,

04/30/2031

(g),(h)

1,790‌

1,647‌

6.75%,

05/15/2034

(g)

60‌

61‌

7.88%,

05/15/2034

(g)

626‌

650‌

Owens

&

Minor

Inc

4.50%,

03/31/2029

(g),(h)

555‌

488‌

6.63%,

04/01/2030

(g),(h)

950‌

887‌

P&L

Development

LLC

/

PLD

Finance

Corp

7.75%,

11/15/2025

(g)

1,135‌

1,044‌

$

40,417‌

Pipelines

-

4

.80

%

Antero

Midstream

Partners

LP

/

Antero

Midstream

Finance

Corp

5.38%,

06/15/2029

(g)

620‌

606‌

5.75%,

03/01/2027

(g)

335‌

334‌

5.75%,

01/15/2028

(g)

5,725‌

5,687‌

6.63%,

02/01/2032

(g)

852‌

869‌

Blue

Racer

Midstream

LLC

/

Blue

Racer

Finance

Corp

6.63%,

07/15/2026

(g)

680‌

680‌

7.00%,

07/15/2029

(g)

665‌

683‌

7.25%,

07/15/2032

(g)

3,375‌

3,513‌

Buckeye

Partners

LP

4.13%,

12/01/2027

65‌

61‌

4.50%,

03/01/2028

(g)

5,230‌

4,989‌

5.60%,

10/15/2044

2,594‌

2,150‌

5.85%,

11/15/2043

4,840‌

4,294‌

6.75%,

08/15/2033

32‌

32‌

6.88%,

07/01/2029

(g)

810‌

823‌

CNX

Midstream

Partners

LP

4.75%,

04/15/2030

(g)

8,830‌

8,091‌

CQP

Holdco

LP

/

BIP-V

Chinook

Holdco

LLC

5.50%,

06/15/2031

(g)

12,275‌

11,773‌

7.50%,

12/15/2033

(g)

820‌

867‌

Delek

Logistics

Partners

LP

/

Delek

Logistics

Finance

Corp

7.13%,

06/01/2028

(g)

891‌

888‌

8.63%,

03/15/2029

(g)

2,473‌

2,569‌

DT

Midstream

Inc

4.13%,

06/15/2029

(g)

1,264‌

1,182‌

4.38%,

06/15/2031

(g)

1,100‌

1,014‌

Energy

Transfer

LP

7.13%,

10/01/2054

(h),(k)

770‌

773‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.83%

8.00%,

05/15/2054

(k)

2,035‌

2,167‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.02%

EQM

Midstream

Partners

LP

4.13%,

12/01/2026

400‌

391‌

4.50%,

01/15/2029

(g)

7‌

7‌

4.75%,

01/15/2031

(g)

7,120‌

6,722‌

5.50%,

07/15/2028

1,693‌

1,685‌

6.38%,

04/01/2029

(g)

475‌

485‌

6.50%,

07/01/2027

(g)

886‌

903‌

6.50%,

07/15/2048

1,460‌

1,482‌

7.50%,

06/01/2027

(g)

1,288‌

1,323‌

7.50%,

06/01/2030

(g)

1,264‌

1,364‌

FTAI

Infra

Escrow

Holdings

LLC

10.50%,

06/01/2027

(g)

805‌

864‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

118

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Pipelines

(continued)

Genesis

Energy

LP

/

Genesis

Energy

Finance

Corp

7.75%,

02/01/2028

$

1,376‌

$

1,396‌

7.88%,

05/15/2032

3,458‌

3,531‌

8.00%,

01/15/2027

2,325‌

2,377‌

8.25%,

01/15/2029

3,875‌

4,031‌

8.88%,

04/15/2030

4,675‌

4,950‌

Global

Partners

LP

/

GLP

Finance

Corp

6.88%,

01/15/2029

976‌

972‌

8.25%,

01/15/2032

(g)

776‌

797‌

Harvest

Midstream

I

LP

7.50%,

09/01/2028

(g)

576‌

589‌

7.50%,

05/15/2032

(g)

5,507‌

5,666‌

Hess

Midstream

Operations

LP

4.25%,

02/15/2030

(g)

510‌

473‌

5.50%,

10/15/2030

(g)

2,690‌

2,613‌

6.50%,

06/01/2029

(g)

512‌

522‌

Howard

Midstream

Energy

Partners

LLC

7.38%,

07/15/2032

(g)

884‌

910‌

8.88%,

07/15/2028

(g)

710‌

756‌

ITT

Holdings

LLC

6.50%,

08/01/2029

(g)

1,900‌

1,783‌

Kinetik

Holdings

LP

5.88%,

06/15/2030

(g)

150‌

149‌

6.63%,

12/15/2028

(g)

250‌

255‌

Martin

Midstream

Partners

LP

/

Martin

Midstream

Finance

Corp

11.50%,

02/15/2028

(g)

700‌

767‌

New

Fortress

Energy

Inc

6.50%,

09/30/2026

(g)

1,320‌

1,227‌

6.75%,

09/15/2025

(g)

1,600‌

1,573‌

8.75%,

03/15/2029

(g),(h)

416‌

377‌

NGL

Energy

Operating

LLC

/

NGL

Energy

Finance

Corp

8.13%,

02/15/2029

(g)

1,214‌

1,230‌

8.38%,

02/15/2032

(g)

1,760‌

1,799‌

NuStar

Logistics

LP

5.63%,

04/28/2027

485‌

483‌

5.75%,

10/01/2025

485‌

485‌

6.38%,

10/01/2030

6,380‌

6,511‌

Prairie

Acquiror

LP

9.00%,

08/01/2029

(g)

6,794‌

7,006‌

Rockies

Express

Pipeline

LLC

6.88%,

04/15/2040

(g)

243‌

239‌

Summit

Midstream

Holdings

LLC

8.63%,

10/31/2029

(g)

800‌

818‌

Tallgrass

Energy

Partners

LP

/

Tallgrass

Energy

Finance

Corp

5.50%,

01/15/2028

(g)

1,447‌

1,396‌

6.00%,

03/01/2027

(g)

791‌

785‌

6.00%,

12/31/2030

(g)

1,720‌

1,630‌

6.00%,

09/01/2031

(g)

3,205‌

3,021‌

7.38%,

02/15/2029

(g)

6,174‌

6,255‌

TransMontaigne

Partners

LP

/

TLP

Finance

Corp

6.13%,

02/15/2026

500‌

492‌

Venture

Global

Calcasieu

Pass

LLC

3.88%,

08/15/2029

(g)

1,200‌

1,110‌

3.88%,

11/01/2033

(g)

1,030‌

893‌

4.13%,

08/15/2031

(g)

1,200‌

1,091‌

6.25%,

01/15/2030

(g)

1,330‌

1,366‌

Venture

Global

LNG

Inc

7.00%,

01/15/2030

(g)

6,015‌

6,078‌

8.13%,

06/01/2028

(g)

2,629‌

2,738‌

8.38%,

06/01/2031

(g)

18,896‌

19,857‌

9.50%,

02/01/2029

(g)

4,370‌

4,862‌

9.88%,

02/01/2032

(g)

8,720‌

9,680‌

$

184,810‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Private

Equity

-

0

.26

%

HAT

Holdings

I

LLC

/

HAT

Holdings

II

LLC

3.75%,

09/15/2030

(g),(h)

$

8,393‌

$

7,367‌

8.00%,

06/15/2027

(g)

2,700‌

2,824‌

$

10,191‌

Real

Estate

-

0

.35

%

Anywhere

Real

Estate

Group

LLC

/

Anywhere

Co-

Issuer

Corp

7.00%,

04/15/2030

(g),(h)

1,060‌

899‌

Anywhere

Real

Estate

Group

LLC

/

Realogy

Co-

Issuer

Corp

5.25%,

04/15/2030

(g)

505‌

338‌

5.75%,

01/15/2029

(g)

700‌

481‌

CoreLogic

Inc

4.50%,

05/01/2028

(g)

1,048‌

967‌

Cushman

&

Wakefield

US

Borrower

LLC

6.75%,

05/15/2028

(g)

1,560‌

1,563‌

8.88%,

09/01/2031

(g)

1,264‌

1,360‌

Five

Point

Operating

Co

LP

/

Five

Point

Capital

Corp

10.50%,

01/15/2028

(g),(i)

825‌

848‌

Howard

Hughes

Corp/The

4.13%,

02/01/2029

(g)

1,535‌

1,409‌

4.38%,

02/01/2031

(g)

1,083‌

968‌

5.38%,

08/01/2028

(g)

1,540‌

1,493‌

Hunt

Cos

Inc

5.25%,

04/15/2029

(g)

480‌

452‌

Kennedy-Wilson

Inc

4.75%,

03/01/2029

673‌

592‌

4.75%,

02/01/2030

80‌

68‌

5.00%,

03/01/2031

1,378‌

1,163‌

Newmark

Group

Inc

7.50%,

01/12/2029

950‌

997‌

$

13,598‌

REITs

-

2

.47

%

Apollo

Commercial

Real

Estate

Finance

Inc

4.63%,

06/15/2029

(g)

477‌

407‌

Blackstone

Mortgage

Trust

Inc

3.75%,

01/15/2027

(g),(h)

1,251‌

1,148‌

Brandywine

Operating

Partnership

LP

3.95%,

11/15/2027

1,185‌

1,094‌

4.55%,

10/01/2029

284‌

255‌

8.05%,

03/15/2028

400‌

421‌

8.88%,

04/12/2029

600‌

637‌

Brookfield

Property

REIT

Inc

/

BPR

Cumulus

LLC

/

BPR

Nimbus

LLC

/

GGSI

Sellco

LL

4.50%,

04/01/2027

(g)

2,986‌

2,823‌

5.75%,

05/15/2026

(g)

850‌

841‌

CTR

Partnership

LP

/

CareTrust

Capital

Corp

3.88%,

06/30/2028

(g)

60‌

56‌

Diversified

Healthcare

Trust

0.00%,

01/15/2026

(d),(g)

1,000‌

884‌

4.38%,

03/01/2031

400‌

305‌

4.75%,

02/15/2028

1,430‌

1,211‌

Hudson

Pacific

Properties

LP

3.25%,

01/15/2030

850‌

647‌

3.95%,

11/01/2027

920‌

809‌

4.65%,

04/01/2029

(h)

1,060‌

894‌

5.95%,

02/15/2028

(h)

740‌

668‌

Iron

Mountain

Inc

4.50%,

02/15/2031

(g)

2,137‌

1,964‌

4.88%,

09/15/2027

(g)

2,800‌

2,734‌

4.88%,

09/15/2029

(g)

2,540‌

2,427‌

5.00%,

07/15/2028

(g)

1,000‌

969‌

5.25%,

03/15/2028

(g)

1,933‌

1,894‌

5.25%,

07/15/2030

(g)

1,947‌

1,874‌

5.63%,

07/15/2032

(g)

1,604‌

1,547‌

7.00%,

02/15/2029

(g)

3,990‌

4,099‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

119

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

REITs

(continued)

Iron

Mountain

Information

Management

Services

Inc

5.00%,

07/15/2032

(g)

$

1,440‌

$

1,345‌

Ladder

Capital

Finance

Holdings

LLLP

/

Ladder

Capital

Finance

Corp

4.25%,

02/01/2027

(g)

1,850‌

1,790‌

4.75%,

06/15/2029

(g)

379‌

360‌

5.25%,

10/01/2025

(g)

814‌

810‌

7.00%,

07/15/2031

(g)

1,246‌

1,275‌

MPT

Operating

Partnership

LP

/

MPT

Finance

Corp

0.99%,

10/15/2026

EUR

6,400‌

5,442‌

3.50%,

03/15/2031

$

5,873‌

3,858‌

4.63%,

08/01/2029

(h)

950‌

689‌

5.00%,

10/15/2027

(h)

9,155‌

7,506‌

5.25%,

08/01/2026

(h)

525‌

472‌

Necessity

Retail

REIT

Inc/The

/

American

Finance

Operating

Partner

LP

4.50%,

09/30/2028

(g)

705‌

642‌

Office

Properties

Income

Trust

9.00%,

03/31/2029

(g)

350‌

327‌

9.00%,

09/30/2029

(g)

1,161‌

919‌

Park

Intermediate

Holdings

LLC

/

PK

Domestic

Property

LLC

/

PK

Finance

Co-Issuer

4.88%,

05/15/2029

(g)

1,020‌

964‌

5.88%,

10/01/2028

(g)

958‌

948‌

RHP

Hotel

Properties

LP

/

RHP

Finance

Corp

4.50%,

02/15/2029

(g)

765‌

725‌

4.75%,

10/15/2027

5‌

5‌

6.50%,

04/01/2032

(g)

1,504‌

1,521‌

7.25%,

07/15/2028

(g)

453‌

468‌

Rithm

Capital

Corp

6.25%,

10/15/2025

(g)

440‌

440‌

8.00%,

04/01/2029

(g)

1,000‌

991‌

RLJ

Lodging

Trust

LP

3.75%,

07/01/2026

(g)

2,056‌

1,963‌

4.00%,

09/15/2029

(g)

1,473‌

1,314‌

SBA

Communications

Corp

3.13%,

02/01/2029

1,755‌

1,589‌

3.88%,

02/15/2027

2,745‌

2,643‌

Service

Properties

Trust

3.95%,

01/15/2028

415‌

358‌

4.38%,

02/15/2030

1,540‌

1,152‌

4.75%,

10/01/2026

510‌

489‌

4.95%,

02/15/2027

615‌

576‌

4.95%,

10/01/2029

500‌

399‌

5.25%,

02/15/2026

650‌

641‌

5.50%,

12/15/2027

611‌

582‌

8.38%,

06/15/2029

450‌

448‌

8.63%,

11/15/2031

(g)

8,290‌

8,809‌

Starwood

Property

Trust

Inc

3.63%,

07/15/2026

(g)

1,093‌

1,041‌

4.38%,

01/15/2027

(g)

1,310‌

1,258‌

7.25%,

04/01/2029

(g)

693‌

713‌

Uniti

Group

LP

/

Uniti

Fiber

Holdings

Inc

/

CSL

Capital

LLC

6.00%,

01/15/2030

(g)

699‌

501‌

Uniti

Group

LP

/

Uniti

Group

Finance

Inc

/

CSL

Capital

LLC

4.75%,

04/15/2028

(g)

620‌

535‌

6.50%,

02/15/2029

(g)

1,250‌

945‌

10.50%,

02/15/2028

(g)

3,007‌

3,041‌

Vornado

Realty

LP

2.15%,

06/01/2026

625‌

587‌

3.40%,

06/01/2031

310‌

253‌

XHR

LP

4.88%,

06/01/2029

(g)

3,190‌

3,010‌

6.38%,

08/15/2025

(g)

5‌

5‌

$

94,957‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Retail

-

4

.43

%

1011778

BC

ULC

/

New

Red

Finance

Inc

3.88%,

01/15/2028

(g)

$

1,590‌

$

1,495‌

4.00%,

10/15/2030

(g)

25,862‌

23,069‌

4.38%,

01/15/2028

(g)

721‌

686‌

6.13%,

06/15/2029

(g)

1,571‌

1,587‌

Academy

Ltd

6.00%,

11/15/2027

(g)

45‌

45‌

Advance

Auto

Parts

Inc

1.75%,

10/01/2027

170‌

151‌

3.50%,

03/15/2032

(h)

345‌

299‌

3.90%,

04/15/2030

5‌

5‌

5.95%,

03/09/2028

(h)

295‌

297‌

Arko

Corp

5.13%,

11/15/2029

(g)

15‌

13‌

Asbury

Automotive

Group

Inc

4.50%,

03/01/2028

311‌

297‌

4.63%,

11/15/2029

(g)

944‌

882‌

4.75%,

03/01/2030

792‌

744‌

5.00%,

02/15/2032

(g)

2,857‌

2,633‌

At

Home

Group

Inc

4.88%,

07/15/2028

(g)

355‌

128‌

Bath

&

Body

Works

Inc

6.63%,

10/01/2030

(g)

1,120‌

1,131‌

6.69%,

01/15/2027

1,130‌

1,149‌

6.75%,

07/01/2036

865‌

866‌

6.88%,

11/01/2035

1,149‌

1,164‌

6.95%,

03/01/2033

401‌

391‌

7.60%,

07/15/2037

237‌

230‌

9.38%,

07/01/2025

(g)

409‌

422‌

BCPE

Ulysses

Intermediate

Inc

7.75%,

PIK

8.50%;

04/01/2027

(g),(i),(j)

720‌

695‌

Beacon

Roofing

Supply

Inc

4.13%,

05/15/2029

(g)

388‌

356‌

4.50%,

11/15/2026

(g)

6‌

6‌

6.50%,

08/01/2030

(g)

2,750‌

2,812‌

Bloomin'

Brands

Inc

/

OSI

Restaurant

Partners

LLC

5.13%,

04/15/2029

(g)

105‌

96‌

BlueLinx

Holdings

Inc

6.00%,

11/15/2029

(g)

885‌

844‌

Brinker

International

Inc

8.25%,

07/15/2030

(g)

1,558‌

1,642‌

Carvana

Co

0.00%,

PIK

12.00%;

12/01/2028

(g),(i),(j)

2,060‌

2,225‌

0.00%,

PIK

13.00%;

06/01/2030

(g),(i),(j)

2,840‌

3,132‌

0.00%,

PIK

14.00%;

06/01/2031

(g),(i),(j)

3,020‌

3,517‌

CEC

Entertainment

LLC

6.75%,

05/01/2026

(g)

350‌

350‌

Cougar

JV

Subsidiary

LLC

8.00%,

05/15/2032

(g)

879‌

920‌

Dave

&

Buster's

Inc

7.63%,

11/01/2025

(g)

640‌

642‌

eG

Global

Finance

PLC

12.00%,

11/30/2028

(g)

1,900‌

2,034‌

Evergreen

Acqco

1

LP

/

TVI

Inc

9.75%,

04/26/2028

(g)

529‌

558‌

Ferrellgas

LP

/

Ferrellgas

Finance

Corp

5.38%,

04/01/2026

(g)

656‌

658‌

5.88%,

04/01/2029

(g)

814‌

758‌

Fertitta

Entertainment

LLC

/

Fertitta

Entertainment

Finance

Co

Inc

4.63%,

01/15/2029

(g)

1,064‌

994‌

6.75%,

01/15/2030

(g)

1,885‌

1,673‌

FirstCash

Inc

4.63%,

09/01/2028

(g)

1,055‌

1,008‌

5.63%,

01/01/2030

(g)

401‌

390‌

6.88%,

03/01/2032

(g)

1,000‌

1,011‌

Foot

Locker

Inc

4.00%,

10/01/2029

(g)

1,345‌

1,151‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

120

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Retail

(continued)

Foundation

Building

Materials

Inc

6.00%,

03/01/2029

(g)

$

642‌

$

575‌

Gap

Inc/The

3.63%,

10/01/2029

(g)

770‌

673‌

3.88%,

10/01/2031

(g)

1,800‌

1,512‌

Global

Auto

Holdings

Ltd/AAG

FH

UK

Ltd

8.38%,

01/15/2029

(g)

1,585‌

1,547‌

8.75%,

01/15/2032

(g)

780‌

745‌

GPS

Hospitality

Holding

Co

LLC

/

GPS

Finco

Inc

7.00%,

08/15/2028

(g)

600‌

436‌

Group

1

Automotive

Inc

4.00%,

08/15/2028

(g)

1,230‌

1,147‌

6.38%,

01/15/2030

(g)

504‌

508‌

Guitar

Center

Inc

8.50%,

01/15/2026

(g),(h)

655‌

582‌

IRB

Holding

Corp

7.00%,

06/15/2025

(g)

5,750‌

5,750‌

Ken

Garff

Automotive

LLC

4.88%,

09/15/2028

(g)

330‌

312‌

KFC

Holding

Co/Pizza

Hut

Holdings

LLC/Taco

Bell

of

America

LLC

4.75%,

06/01/2027

(g)

975‌

954‌

Kohl's

Corp

4.62%,

05/01/2031

1,200‌

974‌

5.55%,

07/17/2045

417‌

273‌

LBM

Acquisition

LLC

6.25%,

01/15/2029

(g)

863‌

762‌

LCM

Investments

Holdings

II

LLC

4.88%,

05/01/2029

(g)

560‌

527‌

8.25%,

08/01/2031

(g)

4,124‌

4,325‌

Liberty

Interactive

LLC

8.25%,

02/01/2030

587‌

304‌

8.50%,

07/15/2029

321‌

170‌

Lithia

Motors

Inc

3.88%,

06/01/2029

(g),(h)

2,150‌

1,953‌

4.38%,

01/15/2031

(g),(h)

3,694‌

3,316‌

4.63%,

12/15/2027

(g)

456‌

439‌

Macy's

Retail

Holdings

LLC

4.50%,

12/15/2034

100‌

85‌

5.88%,

03/15/2030

(g)

443‌

425‌

6.13%,

03/15/2032

(g)

560‌

534‌

6.70%,

07/15/2034

(g)

320‌

282‌

Michaels

Cos

Inc/The

5.25%,

05/01/2028

(g),(h)

580‌

429‌

7.88%,

05/01/2029

(g)

1,800‌

1,035‌

Murphy

Oil

USA

Inc

3.75%,

02/15/2031

(g)

1,220‌

1,083‌

4.75%,

09/15/2029

832‌

796‌

5.63%,

05/01/2027

506‌

501‌

NMG

Holding

Co

Inc

/

Neiman

Marcus

Group

LLC

7.13%,

04/01/2026

(g)

1,800‌

1,808‌

Nordstrom

Inc

4.00%,

03/15/2027

540‌

517‌

4.25%,

08/01/2031

950‌

845‌

4.38%,

04/01/2030

1,062‌

966‌

5.00%,

01/15/2044

1,000‌

800‌

Papa

John's

International

Inc

3.88%,

09/15/2029

(g)

1,357‌

1,209‌

Park

River

Holdings

Inc

5.63%,

02/01/2029

(g)

2,241‌

1,813‌

6.75%,

08/01/2029

(g)

500‌

420‌

Patrick

Industries

Inc

4.75%,

05/01/2029

(g)

715‌

667‌

7.50%,

10/15/2027

(g)

405‌

407‌

Penske

Automotive

Group

Inc

3.50%,

09/01/2025

30‌

29‌

3.75%,

06/15/2029

500‌

457‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Retail

(continued)

PetSmart

Inc

/

PetSmart

Finance

Corp

4.75%,

02/15/2028

(g)

$

1,550‌

$

1,456‌

7.75%,

02/15/2029

(g)

597‌

579‌

QVC

Inc

4.38%,

09/01/2028

(h)

1,021‌

781‌

4.75%,

02/15/2027

1,493‌

1,307‌

5.45%,

08/15/2034

430‌

271‌

5.95%,

03/15/2043

100‌

61‌

Raising

Cane's

Restaurants

LLC

9.38%,

05/01/2029

(g)

7,263‌

7,840‌

Sally

Holdings

LLC

/

Sally

Capital

Inc

6.75%,

03/01/2032

500‌

498‌

Sizzling

Platter

LLC

/

Sizzling

Platter

Finance

Corp

8.50%,

11/28/2025

(g)

215‌

217‌

Sonic

Automotive

Inc

4.63%,

11/15/2029

(g)

650‌

594‌

4.88%,

11/15/2031

(g)

721‌

644‌

Specialty

Building

Products

Holdings

LLC

/

SBP

Finance

Corp

6.38%,

09/30/2026

(g)

7,050‌

6,940‌

Staples

Inc

10.75%,

09/01/2029

(g)

4,310‌

4,175‌

12.75%,

01/15/2030

(g)

1,300‌

1,010‌

Suburban

Propane

Partners

LP/Suburban

Energy

Finance

Corp

5.00%,

06/01/2031

(g)

6,678‌

6,061‌

Superior

Plus

LP

/

Superior

General

Partner

Inc

4.50%,

03/15/2029

(g)

400‌

372‌

Victoria's

Secret

&

Co

4.63%,

07/15/2029

(g)

2,145‌

1,779‌

Victra

Holdings

LLC

/

Victra

Finance

Corp

7.75%,

02/15/2026

(g)

13,550‌

13,603‌

Walgreen

Co

4.40%,

09/15/2042

170‌

115‌

Walgreens

Boots

Alliance

Inc

3.20%,

04/15/2030

(h)

420‌

346‌

3.45%,

06/01/2026

1,870‌

1,782‌

4.10%,

04/15/2050

(h)

1,090‌

716‌

4.50%,

11/18/2034

(h)

340‌

270‌

4.65%,

06/01/2046

356‌

242‌

4.80%,

11/18/2044

(h)

1,155‌

866‌

White

Cap

Buyer

LLC

6.88%,

10/15/2028

(g)

1,360‌

1,346‌

White

Cap

Parent

LLC

8.25%,

PIK

9.00%;

03/15/2026

(g),(i),(j)

480‌

479‌

Yum!

Brands

Inc

3.63%,

03/15/2031

1,900‌

1,695‌

4.63%,

01/31/2032

2,430‌

2,266‌

4.75%,

01/15/2030

(g)

1,550‌

1,494‌

5.35%,

11/01/2043

344‌

328‌

5.38%,

04/01/2032

2,000‌

1,938‌

6.88%,

11/15/2037

523‌

573‌

$

170,692‌

Semiconductors

-

0

.14

%

Amkor

Technology

Inc

6.63%,

09/15/2027

(g)

10‌

10‌

ams-OSRAM

AG

12.25%,

03/30/2029

(g)

1,550‌

1,637‌

Entegris

Inc

3.63%,

05/01/2029

(g)

833‌

756‌

4.38%,

04/15/2028

(g)

880‌

835‌

5.95%,

06/15/2030

(g)

1,380‌

1,377‌

ON

Semiconductor

Corp

3.88%,

09/01/2028

(g)

755‌

705‌

Synaptics

Inc

4.00%,

06/15/2029

(g)

235‌

215‌

$

5,535‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

121

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Software

-

4

.13

%

ACI

Worldwide

Inc

5.75%,

08/15/2026

(g)

$

3,211‌

$

3,201‌

Alteryx

Inc

8.75%,

03/15/2028

(g)

700‌

719‌

AthenaHealth

Group

Inc

6.50%,

02/15/2030

(g)

3,000‌

2,829‌

Camelot

Finance

SA

4.50%,

11/01/2026

(g)

2,079‌

2,027‌

Capstone

Borrower

Inc

8.00%,

06/15/2030

(g)

11,458‌

11,869‌

Castle

US

Holding

Corp

9.50%,

02/15/2028

(g)

345‌

163‌

Central

Parent

Inc

/

CDK

Global

Inc

7.25%,

06/15/2029

(g)

2,761‌

2,784‌

Central

Parent

LLC

/

CDK

Global

II

LLC

/

CDK

Financing

Co

Inc

8.00%,

06/15/2029

(g)

11,218‌

11,507‌

Clarivate

Science

Holdings

Corp

3.88%,

07/01/2028

(g)

1,080‌

1,013‌

4.88%,

07/01/2029

(g)

8,227‌

7,771‌

Cloud

Software

Group

Inc

6.50%,

03/31/2029

(g)

5,625‌

5,483‌

8.25%,

06/30/2032

(g)

2,411‌

2,501‌

9.00%,

09/30/2029

(g)

6,710‌

6,672‌

Consensus

Cloud

Solutions

Inc

6.00%,

10/15/2026

(g)

520‌

510‌

6.50%,

10/15/2028

(g),(h)

112‌

108‌

Dun

&

Bradstreet

Corp/The

5.00%,

12/15/2029

(g),(h)

460‌

437‌

Dye

&

Durham

Ltd

8.63%,

04/15/2029

(g)

9,631‌

9,855‌

Elastic

NV

4.13%,

07/15/2029

(g)

810‌

746‌

Fair

Isaac

Corp

4.00%,

06/15/2028

(g)

1,262‌

1,187‌

5.25%,

05/15/2026

(g)

495‌

492‌

Helios

Software

Holdings

Inc

/

ION

Corporate

Solutions

Finance

Sarl

4.63%,

05/01/2028

(g)

590‌

538‌

8.75%,

05/01/2029

(g)

700‌

724‌

MicroStrategy

Inc

6.13%,

06/15/2028

(g)

300‌

297‌

Open

Text

Corp

3.88%,

02/15/2028

(g)

405‌

378‌

3.88%,

12/01/2029

(g)

2,820‌

2,560‌

Open

Text

Holdings

Inc

4.13%,

02/15/2030

(g)

770‌

702‌

4.13%,

12/01/2031

(g)

515‌

459‌

Playtika

Holding

Corp

4.25%,

03/15/2029

(g)

15,400‌

13,683‌

PTC

Inc

4.00%,

02/15/2028

(g)

1,981‌

1,876‌

Rackspace

Technology

Global

Inc

5.38%,

12/01/2028

(g)

331‌

93‌

RingCentral

Inc

8.50%,

08/15/2030

(g),(h)

7,227‌

7,593‌

ROBLOX

Corp

3.88%,

05/01/2030

(g)

1,150‌

1,031‌

Rocket

Software

Inc

6.50%,

02/15/2029

(g)

1,390‌

1,256‌

9.00%,

11/28/2028

(g)

1,997‌

2,055‌

RRD

Parent

Inc

10.00%,

PIK

10.00%;

10/15/2031

(g),(i),(j)

903‌

1,578‌

SS&C

Technologies

Inc

5.50%,

09/30/2027

(g)

11,210‌

11,105‌

6.50%,

06/01/2032

(g)

7,475‌

7,614‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Software

(continued)

Twilio

Inc

3.63%,

03/15/2029

$

736‌

$

668‌

3.88%,

03/15/2031

7,087‌

6,364‌

UKG

Inc

6.88%,

02/01/2031

(g)

9,235‌

9,492‌

Veritas

US

Inc

/

Veritas

Bermuda

Ltd

7.50%,

09/01/2025

(g)

2,990‌

2,601‌

West

Technology

Group

LLC

8.50%,

04/10/2027

(g)

520‌

446‌

ZoomInfo

Technologies

LLC/ZoomInfo

Finance

Corp

3.88%,

02/01/2029

(g)

15,240‌

13,922‌

$

158,909‌

Telecommunications

-

2

.82

%

Altice

Financing

SA

5.00%,

01/15/2028

(g)

1,326‌

1,059‌

5.75%,

08/15/2029

(g)

4,103‌

3,114‌

Altice

France

Holding

SA

6.00%,

02/15/2028

(g)

1,280‌

394‌

10.50%,

05/15/2027

(g)

1,770‌

663‌

Altice

France

SA

5.13%,

01/15/2029

(g)

13‌

9‌

5.13%,

07/15/2029

(g)

3,141‌

2,203‌

5.50%,

01/15/2028

(g)

1,555‌

1,138‌

5.50%,

10/15/2029

(g)

2,470‌

1,737‌

8.13%,

02/01/2027

(g)

2,655‌

2,147‌

British

Telecommunications

PLC

4.25%,

11/23/2081

(g),(k)

900‌

854‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.99%

4.88%,

11/23/2081

(g),(h),(k)

1,620‌

1,457‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.49%

CommScope

LLC

4.75%,

09/01/2029

(g)

1,719‌

1,246‌

6.00%,

03/01/2026

(g)

2,035‌

1,910‌

7.13%,

07/01/2028

(g)

725‌

458‌

8.25%,

03/01/2027

(g)

1,115‌

772‌

CommScope

Technologies

LLC

5.00%,

03/15/2027

(g)

1,060‌

680‌

Connect

Finco

SARL

/

Connect

US

Finco

LLC

6.75%,

10/01/2026

(g)

3,116‌

3,063‌

Consolidated

Communications

Inc

5.00%,

10/01/2028

(g)

1,095‌

948‌

6.50%,

10/01/2028

(g)

620‌

558‌

Embarq

Corp

8.00%,

06/01/2036

1,763‌

514‌

Frontier

Communications

Holdings

LLC

5.00%,

05/01/2028

(g)

1,480‌

1,425‌

5.88%,

10/15/2027

(g)

2,500‌

2,475‌

5.88%,

11/01/2029

945‌

850‌

6.00%,

01/15/2030

(g),(h)

1,985‌

1,789‌

6.75%,

05/01/2029

(g)

1,280‌

1,209‌

8.63%,

03/15/2031

(g)

885‌

927‌

8.75%,

05/15/2030

(g)

1,716‌

1,798‌

Frontier

Florida

LLC

6.86%,

02/01/2028

1,010‌

1,022‌

Frontier

North

Inc

6.73%,

02/15/2028

410‌

406‌

GoTo

Group

Inc

5.50%,

05/01/2028

(g)

1,105‌

868‌

5.50%,

05/01/2028

(g)

510‌

188‌

Hughes

Satellite

Systems

Corp

5.25%,

08/01/2026

761‌

580‌

6.63%,

08/01/2026

1,475‌

692‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

122

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Telecommunications

(continued)

Iliad

Holding

SASU

6.50%,

10/15/2026

(g)

$

1,323‌

$

1,326‌

7.00%,

10/15/2028

(g)

1,760‌

1,765‌

8.50%,

04/15/2031

(g)

1,140‌

1,188‌

Intelsat

Jackson

Holdings

SA

6.50%,

03/15/2030

(g)

4,231‌

4,025‌

Level

3

Financing

Inc

3.40%,

03/01/2027

(g)

465‌

323‌

3.63%,

01/15/2029

(g)

1,035‌

497‌

3.75%,

07/15/2029

(g)

1,090‌

515‌

3.88%,

11/15/2029

(g)

755‌

336‌

4.25%,

07/01/2028

(g)

1,509‌

822‌

4.63%,

09/15/2027

(g)

622‌

411‌

4.88%,

06/15/2029

(g)

500‌

353‌

10.50%,

04/15/2029

(g)

900‌

923‌

10.50%,

05/15/2030

(g)

1,140‌

1,165‌

10.75%,

12/15/2030

(g)

900‌

928‌

11.00%,

11/15/2029

(g)

2,300‌

2,435‌

Lumen

Technologies

Inc

4.00%,

02/15/2027

(g)

1,439‌

922‌

4.13%,

04/15/2029

(g)

100‌

73‌

4.13%,

04/15/2030

(g)

100‌

71‌

4.50%,

01/15/2029

(g)

1,000‌

437‌

7.60%,

09/15/2039

667‌

284‌

7.65%,

03/15/2042

580‌

240‌

Optics

Bidco

SpA

6.00%,

09/30/2034

(g)

1,046‌

988‌

6.38%,

11/15/2033

(g)

1,225‌

1,201‌

7.20%,

07/18/2036

(g)

717‌

732‌

7.72%,

06/04/2038

(g)

734‌

786‌

Rogers

Communications

Inc

5.25%,

03/15/2082

(g),(h),(k)

1,363‌

1,319‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.59%

Telecom

Italia

Capital

SA

6.00%,

09/30/2034

(h)

68‌

64‌

6.38%,

11/15/2033

(h)

205‌

200‌

7.20%,

07/18/2036

210‌

210‌

7.72%,

06/04/2038

356‌

362‌

Telesat

Canada

/

Telesat

LLC

4.88%,

06/01/2027

(g)

364‌

166‌

5.63%,

12/06/2026

(g)

700‌

332‌

6.50%,

10/15/2027

(g)

432‌

127‌

Viasat

Inc

5.63%,

09/15/2025

(g)

14,450‌

14,295‌

5.63%,

04/15/2027

(g)

2,662‌

2,502‌

6.50%,

07/15/2028

(g),(h)

400‌

326‌

7.50%,

05/30/2031

(g),(h)

700‌

514‌

Viavi

Solutions

Inc

3.75%,

10/01/2029

(g)

704‌

611‌

Vmed

O2

UK

Financing

I

PLC

4.25%,

01/31/2031

(g)

1,895‌

1,604‌

4.75%,

07/15/2031

(g)

14,090‌

12,096‌

7.75%,

04/15/2032

(g)

1,173‌

1,172‌

Vodafone

Group

PLC

3.25%,

06/04/2081

(k)

13‌

12‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.45%

4.13%,

06/04/2081

(k)

942‌

829‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.77%

5.13%,

06/04/2081

(k)

1,550‌

1,165‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

3.07%

7.00%,

04/04/2079

(k)

4,635‌

4,798‌

USD

Swap

Semi-Annual

5

Year

+

4.87%

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Telecommunications

(continued)

Windstream

Escrow

LLC

/

Windstream

Escrow

Finance

Corp

7.75%,

08/15/2028

(g)

$

1,775‌

$

1,712‌

Zayo

Group

Holdings

Inc

4.00%,

03/01/2027

(g),(h)

480‌

408‌

6.13%,

03/01/2028

(g)

1,100‌

751‌

Zegona

Finance

PLC

8.63%,

07/15/2029

(g)

920‌

939‌

$

108,413‌

Transportation

-

0

.39

%

Brightline

East

LLC

11.00%,

01/31/2030

(g)

1,879‌

1,709‌

Cargo

Aircraft

Management

Inc

4.75%,

02/01/2028

(g)

1,045‌

983‌

Carriage

Purchaser

Inc

7.88%,

10/15/2029

(g)

365‌

338‌

Danaos

Corp

8.50%,

03/01/2028

(g)

1,490‌

1,534‌

First

Student

Bidco

Inc

/

First

Transit

Parent

Inc

4.00%,

07/31/2029

(g)

210‌

192‌

Genesee

&

Wyoming

Inc

6.25%,

04/15/2032

(g)

1,000‌

1,012‌

GN

Bondco

LLC

9.50%,

10/15/2031

(g),(h)

2,390‌

2,250‌

Rand

Parent

LLC

8.50%,

02/15/2030

(g)

2,027‌

2,004‌

RXO

Inc

7.50%,

11/15/2027

(g)

200‌

205‌

Seaspan

Corp

5.50%,

08/01/2029

(g)

2,522‌

2,270‌

XPO

CNW

Inc

6.70%,

05/01/2034

738‌

775‌

XPO

Inc

7.13%,

06/01/2031

(g)

350‌

361‌

7.13%,

02/01/2032

(g)

1,340‌

1,386‌

$

15,019‌

Trucking

&

Leasing

-

0

.41

%

Fortress

Transportation

and

Infrastructure

Investors

LLC

5.50%,

05/01/2028

(g)

2,380‌

2,333‌

7.00%,

05/01/2031

(g)

7,115‌

7,336‌

7.00%,

06/15/2032

(g)

4,725‌

4,873‌

7.88%,

12/01/2030

(g)

640‌

678‌

NAC

Aviation

29

DAC

4.75%,

06/30/2026

584‌

557‌

$

15,777‌

TOTAL

BONDS

$

3,437,628‌

SENIOR

FLOATING

RATE

INTERESTS

-

7

.37

%

Principal

Amount

(000's)

Value

(000's)

Automobile

Parts

&

Equipment

-

0

.47

%

First

Brands

Group

LLC

10.59%,

03/30/2027

(n)

$

8,036‌

$

7,974‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

5.00%

10.59%,

03/30/2027

(n)

1,054‌

1,047‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

5.00%

14.14%,

03/30/2028

(n)

5,625‌

5,344‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

8.50%

Realtruck

Group

Inc

8.96%,

01/20/2028

(n)

3,791‌

3,775‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

$

18,140‌

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

123

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Chemicals

-

0

.25

%

Advancion

Holdings

LLC

9.44%,

11/24/2027

(n)

$

2,829‌

$

2,824‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

13.19%,

10/27/2028

(n)

7,275‌

6,951‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

7.75%

$

9,775‌

Commercial

Services

-

0

.41

%

Anticimex

Global

AB

8.71%,

11/16/2028

(n)

2,569‌

2,580‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

KUEHG

Corp

9.83%,

06/12/2030

(n)

4,723‌

4,745‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.50%

Learning

Care

Group

US

No

2

Inc

9.29%,

08/11/2028

(n)

4,718‌

4,740‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.00%

RLG

Holdings

LLC

12.96%,

07/06/2029

(n)

4,310‌

3,860‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

7.50%

$

15,925‌

Computers

-

0

.13

%

Fortress

Intermediate

3

Inc

9.10%,

05/09/2031

(n)

2,425‌

2,425‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

McAfee

Corp

8.59%,

03/01/2029

(n)

2,494‌

2,488‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

$

4,913‌

Distribution

&

Wholesale

-

0

.13

%

Infinite

Bidco

LLC

12.51%,

02/24/2029

(n)

5,910‌

4,945‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

7.00%

Diversified

Financial

Services

-

0

.08

%

Grant

Thornton

Advisors

LLC

8.60%,

05/30/2031

(n)

3,000‌

3,005‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.25%

Healthcare

-

Services

-

0

.49

%

Aveanna

Healthcare

LLC

9.20%,

07/17/2028

(n)

2,633‌

2,515‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.75%

12.50%,

12/10/2029

(n)

9,190‌

8,386‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

7.00%

Eyecare

Partners

LLC

0.00%,

PIK

12.18%,

11/30/2028

(j),(n)

428‌

79‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

6.75%

0.00%,

PIK

12.18%,

11/30/2028

(j),(n)

308‌

57‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

6.75%

6.43%,

PIK

3.61%,

11/30/2028

(j),(n)

4,915‌

2,998‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.00%

6.43%,

PIK

3.61%,

11/30/2028

(j),(n)

795‌

485‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.00%

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Healthcare

-

Services

(continued)

Medical

Solutions

Holdings

Inc

12.35%,

10/05/2029

(n)

$

5,510‌

$

3,692‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

7.00%

Sound

Inpatient

Physicians

Inc

0.00%,

PIK

12.35%,

06/28/2029

(j),(n)

2,461‌

744‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

6.75%

$

18,956‌

Insurance

-

1

.11

%

Asurion

LLC

10.71%,

01/31/2028

(n)

15,800‌

14,630‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.25%

10.71%,

01/20/2029

(n)

6,493‌

5,948‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.25%

10.71%,

01/20/2029

(n)

12,025‌

11,016‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.25%

Sedgwick

Claims

Management

Services

Inc

0.00%,

06/27/2031

(n),(o)

2,100‌

2,103‌

Truist

Insurance

Holdings

LLC

10.08%,

03/08/2032

(n)

8,950‌

9,183‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.75%

$

42,880‌

Internet

-

0

.70

%

Arches

Buyer

Inc

8.74%,

12/06/2027

(n)

8,122‌

7,762‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

MH

Sub

I

LLC

9.59%,

04/24/2028

(n)

179‌

179‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.25%

11.50%,

02/12/2029

(n)

10,480‌

10,385‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.25%

Ten-X

LLC

11.16%,

05/26/2028

(n)

9,040‌

8,671‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.00%

$

26,997‌

Investment

Companies

-

0

.61

%

Nexus

Buyer

LLC

0.00%,

07/18/2031

(n),(o)

2,375‌

2,345‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

11.69%,

11/05/2029

(n)

1,560‌

1,555‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.25%

11.69%,

11/05/2029

(n)

19,585‌

19,516‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.25%

$

23,416‌

Leisure

Products

&

Services

-

0

.04

%

Varsity

Brands

Inc

0.00%,

07/25/2031

(n),(o)

1,375‌

1,367‌

Machinery

-

Diversified

-

0

.47

%

Engineered

Machinery

Holdings

Inc

11.60%,

05/21/2029

(n)

13,841‌

13,772‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

6.00%

12.10%,

05/04/2029

(n)

1,610‌

1,614‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

6.50%

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

124

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Machinery

-

Diversified

(continued)

TK

Elevator

US

Newco

Inc

8.79%,

04/30/2030

(n)

$

2,711‌

$

2,724‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

$

18,110‌

Mining

-

0

.09

%

Arctic

Canadian

Diamond

Co

Ltd

10.00%,

12/31/2027

(e),(n)

3,592‌

3,592‌

Packaging

&

Containers

-

0

.23

%

LABL

Inc

10.45%,

10/27/2028

(n)

9,229‌

8,922‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.00%

Pharmaceuticals

-

0

.29

%

Packaging

Coordinators

Midco

Inc

8.58%,

11/30/2027

(n)

9,481‌

9,511‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

Sharp

Services

LLC

9.08%,

12/31/2028

(n)

1,640‌

1,648‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

$

11,159‌

Retail

-

0

.07

%

Whatabrands

LLC

8.09%,

08/03/2028

(n)

2,487‌

2,489‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

Semiconductors

-

0

.11

%

Altar

Bidco

Inc

10.40%,

02/01/2030

(n)

4,227‌

4,132‌

CME

Term

Secured

Overnight

Financing

Rate

6

Month

+

5.60%

Software

-

1

.56

%

Applied

Systems

Inc

10.58%,

02/06/2032

(n)

14,000‌

14,499‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

5.25%

Ascend

Learning

LLC

11.19%,

12/10/2029

(n)

1,050‌

1,013‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.75%

Capstone

Borrower

Inc

8.58%,

06/17/2030

(n)

791‌

792‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.25%

Cast

&

Crew

LLC

9.09%,

12/29/2028

(n)

5,286‌

5,294‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

Central

Parent

LLC

0.00%,

07/06/2029

(n),(o)

775‌

767‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.25%

Cloudera

Inc

11.26%,

10/08/2029

(n)

1,610‌

1,499‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

6.00%

Darktrace

PLC

0.00%,

07/02/2031

(n),(o)

6,675‌

6,583‌

0.00%,

07/02/2032

(n),(o)

11,975‌

11,855‌

EP

Purchaser

LLC

0.00%,

11/06/2028

(n),(o)

4,489‌

4,497‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.50%

Loyalty

Ventures

Inc

0.00%,

11/03/2027

(d),(n)

3,294‌

25‌

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Software

(continued)

Modena

Buyer

LLC

9.83%,

04/18/2031

(n)

$

3,600‌

$

3,461‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.50%

Skopima

Consilio

Parent

LLC

12.96%,

05/14/2029

(n)

4,920‌

4,859‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

7.50%

UKG

Inc

8.55%,

01/30/2031

(n)

5,075‌

5,090‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

$

60,234‌

Transportation

-

0

.13

%

Lasership

Inc

13.10%,

04/30/2029

(n)

7,320‌

4,936‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

7.50%

TOTAL

SENIOR

FLOATING

RATE

INTERESTS

$

283,893‌

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

-

0

.40

%

Principal

Amount

(000's)

Value

(000's)

U.S.

Treasury

Bill

-

0

.40

%

5.28%,

09/12/2024

(p)

$

15,375‌

$

15,280‌

TOTAL

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

$

15,280‌

Total

Investments

$

3,979,237‌

Other

Assets

and

Liabilities

-  (3.35)%

(

129,090‌

)

TOTAL

NET

ASSETS

-

100.00%

$

3,850,147‌

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$109,007

or

2.83%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Non-income

producing

security

(e)

The

value

of

these

investments

was

determined

using

significant

unobservable

inputs,

in

good

faith

by

the

Manager,

under

procedures

established

and

periodically

reviewed

by

the

Board

of

Directors.

(f)

Restricted

Security.

Please

see

Restricted

Securities

sub-schedule

for

additional

information.

(g)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$2,991,279

or

77.69%

of

net

assets.

(h)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$104,663

or

2.72%

of

net

assets.

(i)

Certain

variable

rate

securities

are

not

based

on

a

published

reference

rate

and

spread

but

are

determined

by

the

issuer

or

agent

and

are

based

on

current

market

conditions.  These

securities

do

not

indicate

a

reference

rate

and

spread

in

their

description.

Rate

shown

is

the

rate

in

effect

as

of

period

end.

(j)

Payment

in

kind;

the

issuer

has

the

option

of

paying

additional

securities

in

lieu

of

cash.

(k)

Rate

shown

is

as

of

period

end.

The

rate

may

be

a

variable

or

floating

rate

or

a

fixed

rate

which

may

convert

to

a

variable

or

floating

rate

in

the

future.

(l)

Security

purchased

on

a

when-issued

basis.

(m)

Perpetual

security.

Perpetual

securities

pay

an

indefinite

stream

of

interest,

but

they

may

be

called

by

the

issuer

at

an

earlier

date.

Date

shown,

if

any,

reflects

the

next

call

date

or

final

legal

maturity

date.

Rate

shown

is

as

of

period

end.

(n)

Rate

information

disclosed

is

based

on

an

average

weighted

rate

of

the

underlying

tranches

as

of

period

end.

(o)

This

Senior

Floating

Rate

Note

will

settle

after

July

31,

2024,

at

which

time

the

interest

rate

will

be

determined.

(p)

Rate

shown

is

the

discount

rate

of

the

original

purchase.

Schedule

of

Investments

High

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

125

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

130,197‌

$

2,179,874‌

$

2,092,187‌

$

217,884‌

$

130,197‌

$

2,179,874‌

$

2,092,187‌

$

217,884‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

2,836‌

$

—‌

$

—‌

$

—‌

$

2,836‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Restricted

Securities

Security

Name

Acquisition

Date

Cost

Value

Percent

of

Net

Assets

Arctic

Canadian

Diamond

Co

Ltd

02/03/2021

$

—‌

$

1,251‌

0.03%

High

Ridge

Brands

-

Escrow  

0.00%,

03/15/2025

12/29/2020

4,577‌

—‌

0.00%

Specialty

Steel  

15.29%,

11/15/2026

02/15/2024

8,096‌

8,096‌

0.21%

SportsNet

New

York  

10.25%,

01/15/2025

12/27/2017

4,068‌

3,932‌

0.10%

Total

$

13,279‌

0.34%

Amounts

in

thousands.

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

US

10

Year

Note;

September

2024

Long

246‌

$

27,506‌

$

634‌

US

10

Year

Ultra

Note;

September

2024

Long

60‌

6,935‌

(

2‌

)

US

5

Year

Note;

September

2024

Short

50‌

5,395‌

(

53‌

)

US

Long

Bond;

September

2024

Long

60‌

7,247‌

109‌

Total

$

688‌

Amounts

in

thousands

except

contracts.

Foreign

Currency

Contracts

Unrealized

Appreciation/(Depreciation)

Counterparty

Settlement

Date

Currency

to

Accept

Currency

to

Deliver

Asset

Liability

Bank

of

New

York

Mellon

08/20/2024

$

9,018‌

EUR

8,260‌

$

71‌

$

—‌

Total

$

71‌

$

—‌

Amounts

in

thousands.

Exchange

Cleared

Credit

Default

Swaps

Sell

Protection

Reference

Entity

Implied

Credit

Spread

as

of

July

31,

2024

(a)

(Pay)/

Receive

Fixed

Rate

Payment

Frequency

Maturity

Date

Notional

Amount

(b)

Upfront

Payments/

(Receipts)

Unrealized

Appreciation/

(Depreciation)

Fair

Value

(c)

CDX.NA.HY.42

N/A

5.00%

Quarterly

06/20/2029

$

43,200‌

$

2,781‌

$

143‌

$

2,924‌

Total

$

2,781‌

$

143‌

$

2,924‌

Amounts

in

thousands.

(a)

Implied

credit

spreads,

represented

in

absolute

terms,

used

in

determining

the

fair

value

of

credit

default

swap

agreements

on

corporate

issues

or

sovereign

issues

as

of

period

end

serve

as

an

indicator

of

the

current

status

of

the

payment/performance

risk

and

represent

the

likelihood

or

risk

of

default

for

the

credit

derivative.

The

implied

credit

spread

of

a

particular

referenced

entity

reflects

the

cost

of

buying/selling

protection

and

may

include

upfront

payments

required

to

be

made

to

enter

into

the

agreement.

Wider

credit

spreads

represent

a

deterioration

of

the

referenced

entity's

credit

soundness

and

a

greater

likelihood

or

risk

of

default

or

other

credit

event

occurring

as

defined

under

the

terms

of

the

agreement.

(b)

The

maximum

potential

payment

amount

that

the

seller

of

credit

protection

could

be

required

to

make

if

a

credit

event

occurs

is

$43,200.

(c)

The

price

and

resulting

fair

value

for

credit

default

swap

agreements

serve

as

an

indicator

of

the

current

status

of

the

payment/performance

risk

and

represent

the

likelihood

of

an

expected

liability

(or

profit)

for

the

credit

default

swap

as

of

the

period

end.

Increasing

fair

values

of

the

swap,

in

absolute

terms

when

compared

to

the

notional

amount

of

the

swap,

represent

a

deterioration

of

the

referenced

entity's

credit

soundness

and

a

greater

likelihood

or

risk

of

default

or

other

credit

event

occurring

as

defined

under

the

terms

of

the

agreement.

Schedule

of

Investments

High

Yield

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

126

INVESTMENT

COMPANIES

-

3

.17

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

3

.17

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

6,013,151‌

$

6,014‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b),(c)

74,500,379‌

74,500‌

$

80,514‌

TOTAL

INVESTMENT

COMPANIES

$

80,514‌

COMMON

STOCKS

-

0

.05

%

Shares

Held

Value

(000's)

Diversified

Financial

Services

-

0

.00

%

Avation

PLC

-

Warrants

(d)

103,250‌

$

37‌

Oil

&

Gas

-

0

.05

%

Mesquite

Energy

Inc

(d),(e)

15,341‌

1,087‌

Retail

-

0

.00

%

Claire's

Holdings

LLC

(d),(e)

4,036‌

40‌

TOTAL

COMMON

STOCKS

$

1,164‌

BONDS

-

89

.51

%

Principal

Amount

(000's)

Value

(000's)

Aerospace

&

Defense

-

1

.51

%

Bombardier

Inc

7.00%,

06/01/2032

(f),(g)

$

4,340‌

$

4,438‌

7.25%,

07/01/2031

(g)

3,850‌

3,963‌

7.50%,

02/01/2029

(f),(g)

2,415‌

2,522‌

8.75%,

11/15/2030

(g)

1,900‌

2,059‌

TransDigm

Inc

4.88%,

05/01/2029

2,980‌

2,836‌

6.38%,

03/01/2029

(g)

7,360‌

7,497‌

6.63%,

03/01/2032

(g)

6,242‌

6,384‌

6.88%,

12/15/2030

(g)

5,260‌

5,409‌

Triumph

Group

Inc

9.00%,

03/15/2028

(g)

3,063‌

3,226‌

$

38,334‌

Airlines

-

0

.47

%

American

Airlines

2021-1

Class

B

Pass

Through

Trust

3.95%,

01/11/2032

2,571‌

2,390‌

American

Airlines

Inc

8.50%,

05/15/2029

(g)

1,295‌

1,333‌

American

Airlines

Inc/AAdvantage

Loyalty

IP

Ltd

5.75%,

04/20/2029

(g)

1,525‌

1,490‌

Hawaiian

Brand

Intellectual

Property

Ltd

/

HawaiianMiles

Loyalty

Ltd

11.00%,

04/15/2029

(g)

4,203‌

4,008‌

United

Airlines

2016-1

Class

B

Pass

Through

Trust

3.65%,

07/07/2027

2,729‌

2,648‌

$

11,869‌

Automobile

Manufacturers

-

0

.41

%

Ford

Motor

Co

3.25%,

02/12/2032

12,349‌

10,366‌

Automobile

Parts

&

Equipment

-

1

.47

%

American

Axle

&

Manufacturing

Inc

6.25%,

03/15/2026

1,225‌

1,216‌

6.88%,

07/01/2028

(f)

9,835‌

9,837‌

Dana

Inc

4.25%,

09/01/2030

6,930‌

6,120‌

4.50%,

02/15/2032

(f)

1,810‌

1,581‌

5.38%,

11/15/2027

6,615‌

6,501‌

5.63%,

06/15/2028

3,465‌

3,377‌

Phinia

Inc

6.75%,

04/15/2029

(g)

2,520‌

2,570‌

Tenneco

Inc

8.00%,

11/17/2028

(g)

3,835‌

3,480‌

ZF

North

America

Capital

Inc

6.88%,

04/14/2028

(g)

2,550‌

2,614‌

$

37,296‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

-

1

.65

%

Barclays

PLC

5.09%,

06/20/2030

(h)

$

5,330‌

$

5,214‌

3

Month

USD

LIBOR

+

3.05%

8.00%,

03/15/2029

(h),(i),(j)

13,795‌

14,168‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

5.43%

JPMorgan

Chase

&

Co

4.60%,

02/01/2025

(h),(i)

11,640‌

11,553‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.13%

UBS

Group

AG

9.25%,

11/13/2028

(g),(h),(i),(j)

10,000‌

10,887‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.75%

$

41,822‌

Building

Materials

-

1

.79

%

AmeriTex

HoldCo

Intermediate

LLC

10.25%,

10/15/2028

(f),(g)

13,815‌

14,688‌

Miter

Brands

Acquisition

Holdco

Inc

/

MIWD

Borrower

LLC

6.75%,

04/01/2032

(g)

3,725‌

3,779‌

MIWD

Holdco

II

LLC

/

MIWD

Finance

Corp

5.50%,

02/01/2030

(g)

4,955‌

4,629‌

Smyrna

Ready

Mix

Concrete

LLC

6.00%,

11/01/2028

(g)

22,610‌

22,398‌

$

45,494‌

Chemicals

-

3

.34

%

Consolidated

Energy

Finance

SA

5.63%,

10/15/2028

(g)

9,180‌

7,337‌

6.50%,

05/15/2026

(g)

8,390‌

8,133‌

12.00%,

02/15/2031

(g)

4,935‌

4,872‌

Element

Solutions

Inc

3.88%,

09/01/2028

(g)

11,343‌

10,507‌

Kobe

US

Midco

2

Inc

9.25%,

PIK

10.00%;

11/01/2026

(g),(k),(l)

3,755‌

3,070‌

Olympus

Water

US

Holding

Corp

4.25%,

10/01/2028

(g)

600‌

553‌

6.25%,

10/01/2029

(g)

18,680‌

17,142‌

7.13%,

10/01/2027

(g)

1,945‌

1,958‌

7.25%,

06/15/2031

(g)

5,200‌

5,204‌

9.75%,

11/15/2028

(g)

7,685‌

8,167‌

Tronox

Inc

4.63%,

03/15/2029

(g)

9,985‌

9,094‌

Vibrantz

Technologies

Inc

9.00%,

02/15/2030

(g)

9,815‌

8,786‌

$

84,823‌

Commercial

Services

-

3

.01

%

ADT

Security

Corp/The

4.13%,

08/01/2029

(g)

5,865‌

5,472‌

Albion

Financing

1

SARL

/

Aggreko

Holdings

Inc

6.13%,

10/15/2026

(g)

2,300‌

2,272‌

Albion

Financing

2

Sarl

8.75%,

04/15/2027

(g)

8,965‌

9,083‌

Garda

World

Security

Corp

6.00%,

06/01/2029

(g)

9,888‌

9,167‌

9.50%,

11/01/2027

(g)

8,836‌

8,892‌

Prime

Security

Services

Borrower

LLC

/

Prime

Finance

Inc

6.25%,

01/15/2028

(g)

10,260‌

10,226‌

United

Rentals

North

America

Inc

3.88%,

02/15/2031

5,775‌

5,219‌

4.88%,

01/15/2028

2,815‌

2,753‌

5.25%,

01/15/2030

1,775‌

1,737‌

WASH

Multifamily

Acquisition

Inc

5.75%,

04/15/2026

(g)

11,695‌

11,509‌

ZipRecruiter

Inc

5.00%,

01/15/2030

(g)

11,631‌

10,176‌

$

76,506‌

Schedule

of

Investments

High

Yield

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

127

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Computers

-

2

.50

%

Amentum

Escrow

Corp

7.25%,

08/01/2032

(g),(m)

$

2,100‌

$

2,145‌

McAfee

Corp

7.38%,

02/15/2030

(g)

9,900‌

9,235‌

NCR

Atleos

Corp

9.50%,

04/01/2029

(g)

7,710‌

8,422‌

NCR

Voyix

Corp

5.13%,

04/15/2029

(g)

15,640‌

14,942‌

5.25%,

10/01/2030

(g)

2,050‌

1,923‌

Seagate

HDD

Cayman

5.75%,

12/01/2034

5,870‌

5,739‌

8.50%,

07/15/2031

(f)

2,380‌

2,584‌

9.63%,

12/01/2032

7,945‌

9,099‌

Virtusa

Corp

7.13%,

12/15/2028

(g)

9,857‌

9,342‌

$

63,431‌

Consumer

Products

-

0

.77

%

ACCO

Brands

Corp

4.25%,

03/15/2029

(g)

8,175‌

7,443‌

Kronos

Acquisition

Holdings

Inc

8.25%,

06/30/2031

(g)

4,700‌

4,741‌

10.75%,

06/30/2032

(g)

7,605‌

7,378‌

$

19,562‌

Distribution

&

Wholesale

-

0

.79

%

H&E

Equipment

Services

Inc

3.88%,

12/15/2028

(g)

6,805‌

6,218‌

Verde

Purchaser

LLC

10.50%,

11/30/2030

(g)

12,990‌

13,808‌

$

20,026‌

Diversified

Financial

Services

-

3

.76

%

AerCap

Holdings

NV

5.88%,

10/10/2079

(h)

11,870‌

11,840‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

4.54%

AerCap

Ireland

Capital

DAC

/

AerCap

Global

Aviation

Trust

6.95%,

03/10/2055

(h)

6,165‌

6,234‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.72%

Credit

Acceptance

Corp

6.63%,

03/15/2026

(f)

4,620‌

4,623‌

9.25%,

12/15/2028

(g)

8,510‌

9,081‌

Freedom

Mortgage

Holdings

LLC

9.13%,

05/15/2031

(g)

12,765‌

12,558‌

Global

Aircraft

Leasing

Co

Ltd

6.50%,

PIK

7.25%;

09/15/2024

(g),(k),(l)

13,086‌

12,859‌

Macquarie

Airfinance

Holdings

Ltd

8.13%,

03/30/2029

(g)

6,255‌

6,618‌

8.38%,

05/01/2028

(g)

11,370‌

12,039‌

OneMain

Finance

Corp

3.50%,

01/15/2027

3,966‌

3,748‌

4.00%,

09/15/2030

6,460‌

5,655‌

6.63%,

01/15/2028

2,475‌

2,508‌

7.50%,

05/15/2031

7,605‌

7,820‌

$

95,583‌

Electric

-

2

.77

%

Clearway

Energy

Operating

LLC

3.75%,

02/15/2031

(g)

20,670‌

18,307‌

Elwood

Energy

LLC

8.16%,

07/05/2026

1,112‌

1,023‌

NextEra

Energy

Capital

Holdings

Inc

6.70%,

09/01/2054

(h)

3,740‌

3,801‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

2.36%

NextEra

Energy

Operating

Partners

LP

7.25%,

01/15/2029

(f),(g)

8,370‌

8,694‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Electric

(continued)

NRG

Energy

Inc

3.63%,

02/15/2031

(g)

$

8,300‌

$

7,263‌

3.88%,

02/15/2032

(g)

2,281‌

1,992‌

10.25%,

03/15/2028

(g),(h),(i)

3,685‌

4,083‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

5.92%

Pattern

Energy

Operations

LP

/

Pattern

Energy

Operations

Inc

4.50%,

08/15/2028

(g)

6,210‌

5,860‌

Vistra

Corp

7.00%,

12/15/2026

(g),(h),(i)

8,619‌

8,668‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

5

Year

+

5.74%

Vistra

Operations

Co

LLC

4.38%,

05/01/2029

(g)

11,405‌

10,762‌

$

70,453‌

Electronics

-

1

.36

%

EquipmentShare.com

Inc

8.63%,

05/15/2032

(g)

9,015‌

9,360‌

9.00%,

05/15/2028

(g)

795‌

818‌

Imola

Merger

Corp

4.75%,

05/15/2029

(g)

13,133‌

12,361‌

Sensata

Technologies

BV

4.00%,

04/15/2029

(g)

5,885‌

5,453‌

Sensata

Technologies

Inc

3.75%,

02/15/2031

(g)

6,126‌

5,411‌

4.38%,

02/15/2030

(g)

1,365‌

1,268‌

$

34,671‌

Engineering

&

Construction

-

0

.52

%

Global

Infrastructure

Solutions

Inc

5.63%,

06/01/2029

(g)

13,742‌

13,213‌

Entertainment

-

3

.91

%

Allwyn

Entertainment

Financing

UK

PLC

7.88%,

04/30/2029

(g)

9,120‌

9,485‌

Caesars

Entertainment

Inc

4.63%,

10/15/2029

(g)

2,680‌

2,490‌

6.50%,

02/15/2032

(g)

15,590‌

15,796‌

CCM

Merger

Inc

6.38%,

05/01/2026

(g)

10,835‌

10,819‌

Churchill

Downs

Inc

5.75%,

04/01/2030

(g)

14,690‌

14,403‌

Cinemark

USA

Inc

5.25%,

07/15/2028

(f),(g)

16,650‌

16,096‌

7.00%,

08/01/2032

(g)

8,235‌

8,381‌

Lions

Gate

Capital

Holdings

LLC

5.50%,

04/15/2029

(g)

11,950‌

7,545‌

Wynn

Resorts

Finance

LLC

/

Wynn

Resorts

Capital

Corp

7.13%,

02/15/2031

(g)

13,880‌

14,469‌

$

99,484‌

Environmental

Control

-

0

.40

%

Madison

IAQ

LLC

4.13%,

06/30/2028

(g)

10,855‌

10,138‌

Food

-

3

.13

%

Albertsons

Cos

Inc

/

Safeway

Inc

/

New

Albertsons

LP

/

Albertsons

LLC

3.50%,

03/15/2029

(g)

5,255‌

4,788‌

4.63%,

01/15/2027

(g)

7,970‌

7,770‌

B&G

Foods

Inc

5.25%,

09/15/2027

(f)

2,750‌

2,576‌

8.00%,

09/15/2028

(g)

9,490‌

9,676‌

Chobani

LLC

/

Chobani

Finance

Corp

Inc

4.63%,

11/15/2028

(g)

6,445‌

6,150‌

7.63%,

07/01/2029

(g)

5,830‌

6,043‌

Fiesta

Purchaser

Inc

7.88%,

03/01/2031

(g)

3,000‌

3,130‌

Schedule

of

Investments

High

Yield

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

128

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Food

(continued)

JBS

USA

Holding

Lux

Sarl/

JBS

USA

Food

Co/

JBS

Lux

Co

Sarl

3.63%,

01/15/2032

$

13,470‌

$

11,771‌

Pilgrim's

Pride

Corp

3.50%,

03/01/2032

540‌

468‌

4.25%,

04/15/2031

13,680‌

12,693‌

Post

Holdings

Inc

4.63%,

04/15/2030

(g)

15,559‌

14,495‌

$

79,560‌

Forest

Products

&

Paper

-

0

.51

%

Mercer

International

Inc

5.13%,

02/01/2029

7,980‌

6,763‌

12.88%,

10/01/2028

(g)

1,155‌

1,231‌

Sappi

Papier

Holding

GmbH

7.50%,

06/15/2032

(g)

4,886‌

4,975‌

$

12,969‌

Healthcare

-

Products

-

0

.30

%

Medline

Borrower

LP

3.88%,

04/01/2029

(g)

8,090‌

7,550‌

Healthcare

-

Services

-

4

.55

%

Acadia

Healthcare

Co

Inc

5.00%,

04/15/2029

(g)

20,058‌

19,205‌

Centene

Corp

2.50%,

03/01/2031

16,540‌

13,847‌

3.00%,

10/15/2030

1,820‌

1,591‌

3.38%,

02/15/2030

16,070‌

14,479‌

CHS/Community

Health

Systems

Inc

6.00%,

01/15/2029

(g)

12,826‌

11,908‌

Concentra

Escrow

Issuer

Corp

6.88%,

07/15/2032

(g)

7,690‌

7,923‌

HCA

Inc

3.50%,

09/01/2030

13,100‌

12,086‌

Molina

Healthcare

Inc

3.88%,

05/15/2032

(g)

2,950‌

2,601‌

4.38%,

06/15/2028

(g)

7,065‌

6,726‌

Tenet

Healthcare

Corp

6.13%,

06/15/2030

19,090‌

19,162‌

6.75%,

05/15/2031

(f)

5,870‌

6,032‌

$

115,560‌

Home

Builders

-

1

.56

%

Adams

Homes

Inc

9.25%,

10/15/2028

(g)

10,025‌

10,384‌

Century

Communities

Inc

3.88%,

08/15/2029

(g)

8,570‌

7,814‌

Dream

Finders

Homes

Inc

8.25%,

08/15/2028

(g)

7,035‌

7,298‌

Forestar

Group

Inc

3.85%,

05/15/2026

(g)

4,390‌

4,245‌

5.00%,

03/01/2028

(g)

10,170‌

9,790‌

$

39,531‌

Insurance

-

0

.26

%

Acrisure

LLC

/

Acrisure

Finance

Inc

4.25%,

02/15/2029

(g)

6,670‌

6,138‌

6.00%,

08/01/2029

(g)

545‌

514‌

$

6,652‌

Internet

-

0

.18

%

Cogent

Communications

Group

Inc

/

Cogent

Communications

Finance

Inc

7.00%,

06/15/2027

(g)

4,415‌

4,458‌

Investment

Companies

-

1

.01

%

Compass

Group

Diversified

Holdings

LLC

5.25%,

04/15/2029

(g)

13,193‌

12,641‌

Icahn

Enterprises

LP

/

Icahn

Enterprises

Finance

Corp

4.38%,

02/01/2029

14,971‌

13,028‌

$

25,669‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Iron

&

Steel

-

0

.91

%

Cleveland-Cliffs

Inc

4.63%,

03/01/2029

(g)

$

9,175‌

$

8,693‌

7.00%,

03/15/2032

(g)

5,205‌

5,224‌

TMS

International

Corp/DE

6.25%,

04/15/2029

(g)

9,865‌

9,158‌

$

23,075‌

Leisure

Products

&

Services

-

2

.56

%

Carnival

Corp

4.00%,

08/01/2028

(g)

2,015‌

1,907‌

5.75%,

03/01/2027

(g)

5,125‌

5,099‌

6.00%,

05/01/2029

(g)

6,395‌

6,379‌

7.00%,

08/15/2029

(g)

2,125‌

2,217‌

Carnival

Holdings

Bermuda

Ltd

10.38%,

05/01/2028

(g)

9,362‌

10,121‌

NCL

Corp

Ltd

5.88%,

02/15/2027

(g)

6,700‌

6,651‌

NCL

Finance

Ltd

6.13%,

03/15/2028

(f),(g)

11,965‌

11,977‌

Royal

Caribbean

Cruises

Ltd

5.38%,

07/15/2027

(g)

12,120‌

12,049‌

7.25%,

01/15/2030

(g)

1,230‌

1,289‌

8.25%,

01/15/2029

(g)

6,975‌

7,379‌

$

65,068‌

Lodging

-

1

.65

%

Hilton

Grand

Vacations

Borrower

Escrow

LLC

/

Hilton

Grand

Vacations

Borrower

Esc

6.63%,

01/15/2032

(g)

13,210‌

13,340‌

Station

Casinos

LLC

6.63%,

03/15/2032

(g)

14,925‌

15,064‌

Wynn

Macau

Ltd

5.63%,

08/26/2028

(g)

14,355‌

13,596‌

$

42,000‌

Machinery

-

Diversified

-

0

.69

%

Maxim

Crane

Works

Holdings

Capital

LLC

11.50%,

09/01/2028

(g)

17,160‌

17,652‌

Media

-

6

.04

%

AMC

Networks

Inc

10.25%,

01/15/2029

(g)

8,985‌

8,879‌

CCO

Holdings

LLC

/

CCO

Holdings

Capital

Corp

4.50%,

08/15/2030

(g)

8,650‌

7,573‌

4.75%,

03/01/2030

(g)

15,950‌

14,279‌

4.75%,

02/01/2032

(g)

7,400‌

6,329‌

CSC

Holdings

LLC

4.50%,

11/15/2031

(g)

14,360‌

9,902‌

6.50%,

02/01/2029

(g)

12,110‌

9,326‌

11.25%,

05/15/2028

(g)

1,600‌

1,447‌

Directv

Financing

LLC

8.88%,

02/01/2030

(g)

1,860‌

1,863‌

Directv

Financing

LLC

/

Directv

Financing

Co-

Obligor

Inc

5.88%,

08/15/2027

(g)

2,090‌

2,013‌

DISH

DBS

Corp

5.25%,

12/01/2026

(g)

5,570‌

4,636‌

DISH

Network

Corp

11.75%,

11/15/2027

(g)

17,455‌

17,471‌

Gray

Television

Inc

5.38%,

11/15/2031

(g)

10,870‌

7,086‌

LCPR

Senior

Secured

Financing

DAC

5.13%,

07/15/2029

(f),(g)

7,345‌

6,111‌

6.75%,

10/15/2027

(g)

8,622‌

8,035‌

Scripps

Escrow

II

Inc

5.38%,

01/15/2031

(f),(g)

13,090‌

6,266‌

Sirius

XM

Radio

Inc

3.88%,

09/01/2031

(g)

940‌

785‌

4.00%,

07/15/2028

(g)

11,265‌

10,339‌

Sunrise

HoldCo

IV

BV

5.50%,

01/15/2028

(g)

15,110‌

14,766‌

Schedule

of

Investments

High

Yield

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

129

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Media

(continued)

Virgin

Media

Vendor

Financing

Notes

IV

DAC

5.00%,

07/15/2028

(g)

$

4,540‌

$

4,253‌

Ziggo

BV

4.88%,

01/15/2030

(g)

13,310‌

12,117‌

$

153,476‌

Mining

-

2

.12

%

ACN

113

874

712

Pty

Ltd

0.00%,

02/15/2018

(d),(g)

10,457‌

10‌

First

Quantum

Minerals

Ltd

6.88%,

10/15/2027

(g)

5,765‌

5,669‌

8.63%,

06/01/2031

(g)

3,090‌

3,075‌

Hudbay

Minerals

Inc

4.50%,

04/01/2026

(g)

4,570‌

4,469‌

6.13%,

04/01/2029

(g)

9,010‌

9,008‌

IAMGOLD

Corp

5.75%,

10/15/2028

(g)

8,078‌

7,767‌

New

Gold

Inc

7.50%,

07/15/2027

(g)

11,070‌

11,197‌

Taseko

Mines

Ltd

8.25%,

05/01/2030

(g)

12,390‌

12,704‌

$

53,899‌

Oil

&

Gas

-

6

.40

%

Aethon

United

BR

LP

/

Aethon

United

Finance

Corp

8.25%,

02/15/2026

(g)

18,733‌

18,979‌

Antero

Resources

Corp

8.38%,

07/15/2026

(g)

2,641‌

2,721‌

Apache

Corp

5.10%,

09/01/2040

2,420‌

2,118‌

5.25%,

02/01/2042

4,865‌

4,236‌

Ascent

Resources

Utica

Holdings

LLC

/

ARU

Finance

Corp

7.00%,

11/01/2026

(g)

12,000‌

12,013‌

Borr

IHC

Ltd

/

Borr

Finance

LLC

10.00%,

11/15/2028

(g)

4,048‌

4,239‌

Civitas

Resources

Inc

8.63%,

11/01/2030

(g)

11,740‌

12,681‌

Comstock

Resources

Inc

6.75%,

03/01/2029

(g)

6,780‌

6,569‌

6.75%,

03/01/2029

(g)

6,240‌

6,029‌

Diamond

Foreign

Asset

Co

/

Diamond

Finance

LLC

8.50%,

10/01/2030

(g)

6,550‌

6,973‌

Hilcorp

Energy

I

LP

/

Hilcorp

Finance

Co

5.75%,

02/01/2029

(g)

8,135‌

7,999‌

6.00%,

02/01/2031

(g)

4,595‌

4,460‌

MEG

Energy

Corp

7.13%,

02/01/2027

(g)

4,300‌

4,356‌

Permian

Resources

Operating

LLC

6.25%,

02/01/2033

(g),(m)

4,670‌

4,705‌

SM

Energy

Co

7.00%,

08/01/2032

(g)

6,470‌

6,540‌

Southwestern

Energy

Co

4.75%,

02/01/2032

8,535‌

7,976‌

5.38%,

03/15/2030

2,355‌

2,299‌

Sunoco

LP

/

Sunoco

Finance

Corp

4.50%,

04/30/2030

13,960‌

13,026‌

Transocean

Inc

8.50%,

05/15/2031

(g)

18,890‌

19,338‌

Vital

Energy

Inc

7.88%,

04/15/2032

(g)

7,730‌

7,863‌

9.75%,

10/15/2030

6,973‌

7,622‌

$

162,742‌

Oil

&

Gas

Services

-

1

.20

%

Archrock

Partners

LP

/

Archrock

Partners

Finance

Corp

6.25%,

04/01/2028

(g)

18,721‌

18,676‌

Enerflex

Ltd

9.00%,

10/15/2027

(g)

11,379‌

11,734‌

$

30,410‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Packaging

&

Containers

-

2

.65

%

Canpack

SA

/

Canpack

US

LLC

3.13%,

11/01/2025

(g)

$

8,755‌

$

8,420‌

Cascades

Inc/Cascades

USA

Inc

5.38%,

01/15/2028

(g)

8,662‌

8,398‌

Clydesdale

Acquisition

Holdings

Inc

6.63%,

04/15/2029

(g)

1,910‌

1,903‌

6.88%,

01/15/2030

(g),(m)

1,480‌

1,474‌

8.75%,

04/15/2030

(g)

8,130‌

7,979‌

Crown

Cork

&

Seal

Co

Inc

7.38%,

12/15/2026

(f)

13,099‌

13,650‌

LABL

Inc

5.88%,

11/01/2028

(g)

6,462‌

5,967‌

8.25%,

11/01/2029

(g)

3,985‌

3,492‌

9.50%,

11/01/2028

(g)

5,400‌

5,455‌

Mauser

Packaging

Solutions

Holding

Co

7.88%,

04/15/2027

(g)

6,360‌

6,564‌

9.25%,

04/15/2027

(g)

3,925‌

3,930‌

$

67,232‌

Pharmaceuticals

-

3

.95

%

180

Medical

Inc

3.88%,

10/15/2029

(g)

13,280‌

12,039‌

AdaptHealth

LLC

5.13%,

03/01/2030

(f),(g)

14,716‌

13,153‌

Bausch

Health

Cos

Inc

5.50%,

11/01/2025

(g)

7,555‌

7,076‌

6.13%,

02/01/2027

(g)

18,610‌

15,826‌

BellRing

Brands

Inc

7.00%,

03/15/2030

(g)

11,420‌

11,769‌

Endo

Finance

Holdings

Inc

8.50%,

04/15/2031

(g)

6,080‌

6,408‌

Jazz

Securities

DAC

4.38%,

01/15/2029

(f),(g)

19,360‌

18,182‌

Owens

&

Minor

Inc

4.50%,

03/31/2029

(f),(g)

18,232‌

16,022‌

$

100,475‌

Pipelines

-

5

.75

%

Antero

Midstream

Partners

LP

/

Antero

Midstream

Finance

Corp

5.38%,

06/15/2029

(g)

315‌

308‌

5.75%,

03/01/2027

(g)

12,230‌

12,200‌

DT

Midstream

Inc

4.13%,

06/15/2029

(g)

12,564‌

11,745‌

EQM

Midstream

Partners

LP

4.75%,

01/15/2031

(g)

5,670‌

5,354‌

6.38%,

04/01/2029

(g)

5,795‌

5,916‌

Genesis

Energy

LP

/

Genesis

Energy

Finance

Corp

7.88%,

05/15/2032

6,600‌

6,739‌

8.25%,

01/15/2029

12,205‌

12,698‌

Harvest

Midstream

I

LP

7.50%,

05/15/2032

(g)

11,855‌

12,197‌

Hess

Midstream

Operations

LP

4.25%,

02/15/2030

(g)

20,700‌

19,212‌

NGL

Energy

Operating

LLC

/

NGL

Energy

Finance

Corp

8.13%,

02/15/2029

(g)

2,735‌

2,772‌

8.38%,

02/15/2032

(g)

7,225‌

7,383‌

Venture

Global

Calcasieu

Pass

LLC

3.88%,

11/01/2033

(g)

15,305‌

13,273‌

Venture

Global

LNG

Inc

7.00%,

01/15/2030

(g)

12,975‌

13,110‌

8.38%,

06/01/2031

(g)

9,395‌

9,873‌

9.50%,

02/01/2029

(g)

11,910‌

13,250‌

$

146,030‌

Schedule

of

Investments

High

Yield

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

130

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Private

Equity

-

0

.58

%

HAT

Holdings

I

LLC

/

HAT

Holdings

II

LLC

3.38%,

06/15/2026

(g)

$

9,195‌

$

8,779‌

3.75%,

09/15/2030

(f),(g)

4,395‌

3,858‌

8.00%,

06/15/2027

(g)

2,085‌

2,181‌

$

14,818‌

REITs

-

2

.57

%

Iron

Mountain

Inc

4.50%,

02/15/2031

(g)

13,900‌

12,776‌

Ladder

Capital

Finance

Holdings

LLLP

/

Ladder

Capital

Finance

Corp

4.75%,

06/15/2029

(g)

21,583‌

20,513‌

7.00%,

07/15/2031

(g)

2,930‌

2,999‌

MPT

Operating

Partnership

LP

/

MPT

Finance

Corp

3.50%,

03/15/2031

9,845‌

6,469‌

Park

Intermediate

Holdings

LLC

/

PK

Domestic

Property

LLC

/

PK

Finance

Co-Issuer

4.88%,

05/15/2029

(g)

735‌

695‌

5.88%,

10/01/2028

(g)

3,865‌

3,826‌

7.00%,

02/01/2030

(g)

4,615‌

4,698‌

XHR

LP

4.88%,

06/01/2029

(g)

14,253‌

13,449‌

$

65,425‌

Retail

-

5

.14

%

Academy

Ltd

6.00%,

11/15/2027

(g)

11,250‌

11,138‌

Bath

&

Body

Works

Inc

5.25%,

02/01/2028

11,165‌

10,941‌

6.63%,

10/01/2030

(g)

3,730‌

3,765‌

6.75%,

07/01/2036

1,100‌

1,101‌

6.95%,

03/01/2033

2,500‌

2,440‌

9.38%,

07/01/2025

(g)

432‌

446‌

Carvana

Co

0.00%,

PIK

13.00%;

06/01/2030

(g),(k),(l)

7,320‌

8,074‌

Doman

Building

Materials

Group

Ltd

5.25%,

05/15/2026

(g)

CAD

8,370‌

5,934‌

Fertitta

Entertainment

LLC

/

Fertitta

Entertainment

Finance

Co

Inc

4.63%,

01/15/2029

(g)

$

16,625‌

15,526‌

6.75%,

01/15/2030

(g)

6,635‌

5,887‌

Gap

Inc/The

3.63%,

10/01/2029

(g)

15,715‌

13,736‌

IRB

Holding

Corp

7.00%,

06/15/2025

(g)

4,915‌

4,915‌

Macy's

Retail

Holdings

LLC

6.13%,

03/15/2032

(g)

5,055‌

4,824‌

Park

River

Holdings

Inc

5.63%,

02/01/2029

(g)

12,600‌

10,196‌

Patrick

Industries

Inc

4.75%,

05/01/2029

(g)

9,725‌

9,070‌

PetSmart

Inc

/

PetSmart

Finance

Corp

4.75%,

02/15/2028

(g)

5,410‌

5,083‌

7.75%,

02/15/2029

(g)

2,500‌

2,426‌

Victra

Holdings

LLC

/

Victra

Finance

Corp

7.75%,

02/15/2026

(g)

14,994‌

15,052‌

$

130,554‌

Savings

&

Loans

-

0

.00

%

Washington

Mutual

Bank

/

Henderson

NV

0.00%,

06/15/2011

(d),(e)

3,500‌

—‌

0.00%,

01/15/2013

(d)

3,000‌

—‌

0.00%,

01/15/2015

(d),(e)

2,000‌

—‌

$

—‌

Semiconductors

-

0

.35

%

ams-OSRAM

AG

12.25%,

03/30/2029

(g)

8,550‌

9,028‌

Software

-

0

.98

%

Cloud

Software

Group

Inc

6.50%,

03/31/2029

(g)

5,530‌

5,390‌

9.00%,

09/30/2029

(g)

3,230‌

3,212‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Software

(continued)

Open

Text

Corp

3.88%,

12/01/2029

(g)

$

18,070‌

$

16,403‌

$

25,005‌

Telecommunications

-

1

.71

%

Altice

Financing

SA

5.00%,

01/15/2028

(g)

4,290‌

3,426‌

Altice

France

SA

5.50%,

10/15/2029

(g)

3,595‌

2,528‌

8.13%,

02/01/2027

(g)

6,375‌

5,156‌

Frontier

Communications

Holdings

LLC

5.88%,

11/01/2029

4,560‌

4,104‌

8.63%,

03/15/2031

(g)

3,130‌

3,278‌

Iliad

Holding

SASU

6.50%,

10/15/2026

(g)

1,448‌

1,451‌

Level

3

Financing

Inc

10.50%,

05/15/2030

(g)

11,425‌

11,676‌

Viavi

Solutions

Inc

3.75%,

10/01/2029

(g)

13,660‌

11,847‌

$

43,466‌

Textiles

-

0

.41

%

Eagle

Intermediate

Global

Holding

BV/Eagle

US

Finance

LLC

7.50%,

05/01/2025

(g)

7,500‌

4,298‌

Linx

Capital

Ltd

15.20%,

PIK

15.20%;

04/01/2025

(g),(k),(l)

EUR

7,448‌

6,045‌

$

10,343‌

Transportation

-

1

.92

%

Brightline

East

LLC

11.00%,

01/31/2030

(f),(g)

$

10,195‌

9,276‌

Eletson

Holdings

Inc

/

Eletson

Finance

US

LLC

/

Agathonissos

Finance

LLC

0.00%,

01/15/2022

(d),(e)

18,905‌

95‌

GN

Bondco

LLC

9.50%,

10/15/2031

(f),(g)

490‌

461‌

Navios

South

American

Logistics

Inc

/

Navios

Logistics

Finance

US

Inc

10.75%,

07/01/2025

(g)

8,625‌

8,607‌

SFL

Corp

Ltd

7.25%,

05/12/2026

(g)

4,300‌

4,273‌

8.25%,

04/19/2028

6,200‌

6,202‌

8.88%,

02/01/2027

7,900‌

8,038‌

Watco

Cos

LLC

/

Watco

Finance

Corp

7.13%,

08/01/2032

(g)

11,640‌

11,921‌

$

48,873‌

TOTAL

BONDS

$

2,274,591‌

CONVERTIBLE

BONDS

-

0

.00

%

Principal

Amount

(000's)

Value

(000's)

Food

-

0

.00

%

Fresh

Express

Delivery

Holding

Group

Co

Ltd

-

Escrow

0.00%,

11/09/2009

(d),(e)

HKD

46,500‌

$

—‌

0.00%,

10/18/2010

(d),(e)

CNH

245,000‌

—‌

$

—‌

TOTAL

CONVERTIBLE

BONDS

$

—‌

SENIOR

FLOATING

RATE

INTERESTS

-

8

.32

%

Principal

Amount

(000's)

Value

(000's)

Aerospace

&

Defense

-

0

.07

%

TransDigm

Inc

7.84%,

02/28/2031

(n)

$

1,890‌

$

1,895‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Airlines

-

1

.15

%

AAdvantage

Loyalty

IP

Ltd

10.29%,

04/20/2028

(n)

13,676‌

14,131‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.75%

Schedule

of

Investments

High

Yield

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

131

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Airlines

(continued)

United

Airlines

Inc

8.03%,

02/15/2031

(n)

$

4,733‌

$

4,746‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

WestJet

Loyalty

LP

9.08%,

01/31/2031

(n)

10,469‌

10,476‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

3.75%

$

29,353‌

Automobile

Parts

&

Equipment

-

0

.14

%

Tenneco

Inc

10.43%,

11/17/2028

(n)

3,800‌

3,608‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.00%

Building

Materials

-

0

.16

%

MIWD

Holdco

II

LLC

8.84%,

03/21/2031

(n)

4,170‌

4,180‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

Chemicals

-

0

.60

%

Advancion

Holdings

LLC

13.19%,

11/24/2028

(n)

16,000‌

15,287‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

7.75%

Commercial

Services

-

0

.30

%

Boost

Newco

Borrower

LLC

7.26%,

01/31/2031

(n)

7,515‌

7,518‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Consumer

Products

-

0

.15

%

Kronos

Acquisition

Holdings

Inc

0.60%,

06/27/2031

(n)

3,750‌

3,691‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

Entertainment

-

0

.03

%

Lions

Gate

Capital

Holdings

LLC

7.11%,

03/24/2025

(n)

797‌

796‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.00%

Food

-

0

.53

%

Fiesta

Purchaser

Inc

9.34%,

01/31/2031

(n)

13,350‌

13,421‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

Forest

Products

&

Paper

-

0

.30

%

Spectrum

Group

Buyer

Inc

11.75%,

05/19/2028

(n)

9,233‌

7,546‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

6.50%

Healthcare

-

Services

-

0

.99

%

LifePoint

Health

Inc

0.00%,

11/16/2028

(n),(o)

8,110‌

8,146‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.75%

4.60%,

05/09/2031

(n)

4,660‌

4,669‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.00%

Star

Parent

Inc

9.08%,

09/27/2030

(n)

12,304‌

12,317‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.00%

$

25,132‌

Insurance

-

0

.23

%

Acrisure

LLC

8.60%,

11/06/2030

(n)

5,953‌

5,943‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.25%

SENIOR

FLOATING

RATE

INTERESTS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Internet

-

0

.46

%

Newfold

Digital

Holdings

Group

Inc

0.00%,

01/27/2028

(n),(o)

$

13,020‌

$

11,594‌

CME

Term

Secured

Overnight

Financing

Rate

6

Month

+

3.50%

Iron

&

Steel

-

0

.27

%

TMS

International

Corp/DE

9.09%,

03/02/2030

(n)

6,955‌

6,977‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

Lodging

-

0

.16

%

Fertitta

Entertainment

LLC/NV

9.08%,

01/27/2029

(n)

3,945‌

3,953‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

Media

-

0

.78

%

CSC

Holdings

LLC

7.94%,

04/15/2027

(n)

1,373‌

1,168‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.50%

Directv

Financing

LLC

10.71%,

08/02/2029

(n)

12,699‌

12,670‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.25%

Gray

Television

Inc

10.59%,

05/23/2029

(n)

6,135‌

5,946‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

5.25%

$

19,784‌

Mining

-

0

.48

%

Arsenal

AIC

Parent

LLC

9.09%,

08/18/2030

(n)

12,135‌

12,168‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.75%

Packaging

&

Containers

-

0

.12

%

Mauser

Packaging

Solutions

Holding

Co

8.84%,

04/15/2027

(n)

2,992‌

3,001‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

Pharmaceuticals

-

0

.50

%

Endo

Finance

Holdings

Inc

9.78%,

04/09/2031

(n)

12,770‌

12,797‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.50%

Retail

-

0

.53

%

Foundation

Building

Materials

Inc

4.60%,

01/24/2031

(n)

6,249‌

6,187‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

4.00%

IRB

Holding

Corp

7.61%,

12/15/2027

(n)

7,348‌

7,350‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.75%

$

13,537‌

Software

-

0

.37

%

Cloud

Software

Group

Inc

9.33%,

03/30/2029

(n)

6,368‌

6,362‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

4.00%

Project

Boost

Purchaser

LLC

7.78%,

07/02/2031

(n)

3,015‌

3,020‌

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.50%

$

9,382‌

TOTAL

SENIOR

FLOATING

RATE

INTERESTS

$

211,563‌

Total

Investments

$

2,567,832‌

Other

Assets

and

Liabilities

-  (1.05)%

(

26,766‌

)

TOTAL

NET

ASSETS

-

100.00%

$

2,541,066‌

Schedule

of

Investments

High

Yield

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

132

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$40,424

or

1.59%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Non-income

producing

security

(e)

The

value

of

these

investments

was

determined

using

significant

unobservable

inputs,

in

good

faith

by

the

Manager,

under

procedures

established

and

periodically

reviewed

by

the

Board

of

Directors.

(f)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$38,795

or

1.53%

of

net

assets.

(g)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$1,898,151

or

74.70%

of

net

assets.

(h)

Rate

shown

is

as

of

period

end.

The

rate

may

be

a

variable

or

floating

rate

or

a

fixed

rate

which

may

convert

to

a

variable

or

floating

rate

in

the

future.

(i)

Perpetual

security.

Perpetual

securities

pay

an

indefinite

stream

of

interest,

but

they

may

be

called

by

the

issuer

at

an

earlier

date.

Date

shown,

if

any,

reflects

the

next

call

date

or

final

legal

maturity

date.

Rate

shown

is

as

of

period

end.

(j)

Security

is

a

contingent

convertible

security,

("CoCo").

CoCo's

are

hybrid

debt

securities

that

may

convert

to

equity

or

have

their

principal

written

down

upon

occurrence

of

certain

"triggers".

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$25,055

or

0.99%

of

net

assets.

(k)

Certain

variable

rate

securities

are

not

based

on

a

published

reference

rate

and

spread

but

are

determined

by

the

issuer

or

agent

and

are

based

on

current

market

conditions.  These

securities

do

not

indicate

a

reference

rate

and

spread

in

their

description.

Rate

shown

is

the

rate

in

effect

as

of

period

end.

(l)

Payment

in

kind;

the

issuer

has

the

option

of

paying

additional

securities

in

lieu

of

cash.

(m)

Security

purchased

on

a

when-issued

basis.

(n)

Rate

information

disclosed

is

based

on

an

average

weighted

rate

of

the

underlying

tranches

as

of

period

end.

(o)

This

Senior

Floating

Rate

Note

will

settle

after

July

31,

2024,

at

which

time

the

interest

rate

will

be

determined.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

32,956‌

$

883,011‌

$

841,467‌

$

74,500‌

$

32,956‌

$

883,011‌

$

841,467‌

$

74,500‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

2,117‌

$

—‌

$

—‌

$

—‌

$

2,117‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Foreign

Currency

Contracts

Unrealized

Appreciation/(Depreciation)

Counterparty

Settlement

Date

Currency

to

Accept

Currency

to

Deliver

Asset

Liability

JPMorgan

Chase

08/23/2024

$

37‌

GBP

28‌

$

—‌

$

—‌

JPMorgan

Chase

08/23/2024

$

6,384‌

EUR

5,842‌

55‌

—‌

JPMorgan

Chase

08/23/2024

$

5,989‌

CAD

8,191‌

52‌

—‌

Total

$

107‌

$

—‌

Amounts

in

thousands.

Schedule

of

Investments

Inflation

Protection

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

133

INVESTMENT

COMPANIES

-

0

.10

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

0

.10

%

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b)

1,890,598‌

$

1,891‌

TOTAL

INVESTMENT

COMPANIES

$

1,891‌

BONDS

-

3

.86

%

Principal

Amount

(000's)

Value

(000's)

Commercial

Mortgage

Backed

Securities

-

0

.76

%

BFLD

2024-VICT

Mortgage

Trust

7.19%,

07/15/2041

(c)

$

570‌

$

569‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.89%

BX

Commercial

Mortgage

Trust

2024-AIRC

0.00%,

08/15/2039

(c),(d),(e)

750‌

749‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.69%

BX

Commercial

Mortgage

Trust

2024-KING

6.87%,

05/15/2034

(c)

1,920‌

1,906‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.54%

BX

Commercial

Mortgage

Trust

2024-MDHS

6.97%,

05/15/2041

(c)

1,495‌

1,490‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.64%

BX

Commercial

Mortgage

Trust

2024-XL4

8.47%,

02/15/2039

(c)

818‌

816‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

3.14%

BX

Trust

2024-VLT4

6.82%,

07/15/2029

(c)

1,910‌

1,907‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.49%

COMM

2024-WCL1

MORTGAGE

TRUST

7.17%,

06/15/2041

(c)

840‌

831‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.84%

Commercial

Mortgage

Trust

2007-GG9

0.39%,

03/10/2039

(c),(f),(g)

82‌

—‌

CONE

Trust

2024-DFW1

6.94%,

08/15/2026

(c)

320‌

319‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.64%

DBSG

2024-ALTA

Mortgage

Trust

5.95%,

06/10/2037

(c),(g)

330‌

333‌

ELM

Trust

2024-ELM

5.80%,

06/10/2039

(c),(g)

680‌

688‌

5.80%,

06/10/2039

(c),(g)

680‌

688‌

Ginnie

Mae

1.60%,

03/16/2047

(f),(g)

66‌

1‌

GWT

2024-WLF2

7.02%,

05/15/2041

(c)

1,480‌

1,479‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.69%

HILT

COMMERCIAL

MORTGAGE

TRUST

2024-ORL

6.87%,

05/15/2037

(c)

745‌

742‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.54%

HONO

2021-LULU

Mortgage

Trust

6.59%,

10/15/2036

(c)

220‌

213‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.26%

LBA

Trust

2024-BOLT

6.92%,

06/15/2026

(c)

1,270‌

1,260‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.59%

$

13,991‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Home

Equity

Asset

Backed

Securities

-

0

.00

%

Argent

Securities

Trust

2006-W3

5.70%,

04/25/2036

$

24‌

$

7‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.35%

Countrywide

Asset-Backed

Certificates

6.59%,

12/25/2032

5‌

6‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.24%

Long

Beach

Mortgage

Loan

Trust

2004-2

6.26%,

06/25/2034

15‌

15‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.91%

Option

One

Mortgage

Loan

Trust

2005-1

6.96%,

02/25/2035

23‌

15‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.61%

$

43‌

Mortgage

Backed

Securities

-

0

.69

%

BRAVO

Residential

Funding

Trust

2023-NQM3

4.85%,

09/25/2062

(c),(g)

1,631‌

1,622‌

Chase

Mortgage

Finance

Trust

Series

2007-A2

7.15%,

06/25/2035

(g)

6‌

6‌

CSMC

2022-NQM5

Trust

5.17%,

05/25/2067

(c),(g)

2,397‌

2,412‌

Ellington

Financial

Mortgage

Trust

2021-3

1.24%,

09/25/2066

(c),(g)

2,020‌

1,640‌

Fannie

Mae

REMIC

Trust

2004-W5

5.91%,

02/25/2047

10‌

10‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.56%

GCAT

2021-NQM4

Trust

1.09%,

08/25/2066

(c),(g)

2,389‌

1,969‌

Impac

CMB

Trust

Series

2004-5

7.79%,

10/25/2034

2‌

2‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.44%

Impac

CMB

Trust

Series

2004-6

6.44%,

10/25/2034

1‌

1‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.09%

Impac

CMB

Trust

Series

2005-1

6.08%,

04/25/2035

23‌

21‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.73%

Impac

CMB

Trust

Series

2005-5

6.23%,

08/25/2035

5‌

4‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.62%

Merrill

Lynch

Alternative

Note

Asset

Trust

Series

2007-A3

5.88%,

04/25/2037

1,260‌

439‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.53%

PRKCM

2022-AFC2

Trust

5.33%,

08/25/2057

(c),(g)

472‌

467‌

SG

Residential

Mortgage

Trust

2021-1

1.16%,

07/25/2061

(c),(g)

2,344‌

1,915‌

SG

Residential

Mortgage

Trust

2022-2

5.35%,

08/25/2062

(c),(g)

604‌

600‌

Verus

Securitization

Trust

2022-7

5.15%,

07/25/2067

(c),(g)

1,734‌

1,724‌

WaMu

Mortgage

Pass-Through

Certificates

Series

2005-AR2

Trust

6.20%,

01/25/2045

10‌

10‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.85%

$

12,842‌

Schedule

of

Investments

Inflation

Protection

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

134

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Other

Asset

Backed

Securities

-

0

.84

%

AMSR

2022-SFR3

Trust

4.00%,

10/17/2039

(c)

$

2,091‌

$

1,978‌

AMSR

2023-SFR2

Trust

3.95%,

06/17/2040

(c)

750‌

693‌

CSMC

2022-NQM4

Trust

4.82%,

06/25/2067

(c),(g)

1,307‌

1,299‌

J.P.

Morgan

Mortgage

Trust

2023-DSC1

4.62%,

07/25/2063

(c),(g)

879‌

854‌

New

Residential

Mortgage

Loan

Trust

2022-SFR2

4.00%,

09/04/2039

(c)

2,035‌

1,908‌

Pagaya

AI

Technology

in

Housing

Trust

2022-1

4.25%,

08/25/2025

(c)

1,275‌

1,234‌

Progress

Residential

2022-SFR6

Trust

6.04%,

07/20/2039

(c)

1,990‌

1,992‌

Progress

Residential

2022-SFR7

Trust

5.50%,

10/27/2039

(c)

3,320‌

3,275‌

Tricon

Residential

2024-SFR2

Trust

6.00%,

06/17/2040

(c)

1,805‌

1,805‌

Verus

Securitization

Trust

2022-INV2

6.79%,

10/25/2067

(c),(g)

589‌

595‌

$

15,633‌

Sovereign

-

1

.57

%

Brazilian

Government

International

Bond

6.13%,

03/15/2034

2,200‌

2,163‌

European

Union

2.50%,

10/04/2052

EUR

1,175‌

1,083‌

3.00%,

03/04/2053

6,265‌

6,367‌

French

Republic

Government

Bond

OAT

3.00%,

05/25/2054

(c)

1,670‌

1,641‌

Israel

Government

International

Bond

5.75%,

03/12/2054

$

393‌

364‌

Japan

Government

Thirty

Year

Bond

1.80%,

03/20/2054

JPY

415,350‌

2,538‌

Kingdom

of

Belgium

Government

Bond

3.30%,

06/22/2054

(c)

EUR

3,257‌

3,436‌

Mexican

Bonos

7.75%,

11/23/2034

MXN

24,000‌

1,121‌

8.50%,

03/01/2029

16,500‌

841‌

8.50%,

05/31/2029

48,000‌

2,453‌

Mexico

Government

International

Bond

3.50%,

02/12/2034

$

663‌

550‌

6.35%,

02/09/2035

1,334‌

1,370‌

United

Kingdom

Gilt

4.38%,

07/31/2054

GBP

4,062‌

5,073‌

$

29,000‌

TOTAL

BONDS

$

71,509‌

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

-

96

.98

%

Principal

Amount

(000's)

Value

(000's)

Federal

National

Mortgage

Association

(FNMA)/Federal

Home

Loan

Mortgage

Corporation

(FHLMC)

Uniform

Mortgage-Backed

Security

-

1

.47

%

5.00%,

08/01/2054

(h)

$

17,834‌

$

17,562‌

5.50%,

08/01/2054

(h)

9,703‌

9,717‌

$

27,279‌

U.S.

Treasury

-

0

.33

%

3.00%,

02/15/2049

7,905‌

6,179‌

U.S.

Treasury

Inflation-Indexed

Obligations

-

95

.18

%

0.13%,

10/15/2025

41,651‌

40,346‌

0.13%,

04/15/2026

11,126‌

10,666‌

0.13%,

07/15/2026

51,075‌

49,074‌

0.13%,

10/15/2026

62,456‌

59,805‌

0.13%,

04/15/2027

59,883‌

56,771‌

0.13%,

01/15/2030

54,193‌

49,625‌

0.13%,

07/15/2030

62,203‌

56,706‌

0.13%,

01/15/2031

63,932‌

57,566‌

0.13%,

07/15/2031

65,932‌

59,034‌

0.13%,

01/15/2032

69,350‌

61,306‌

0.13%,

02/15/2051

22,727‌

13,676‌

0.13%,

02/15/2052

26,406‌

15,642‌

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

U.S.

Treasury

Inflation-Indexed

Obligations

(continued)

0.25%,

07/15/2029

$

48,444‌

$

45,192‌

0.25%,

02/15/2050

24,334‌

15,445‌

0.38%,

01/15/2027

46,178‌

44,216‌

0.38%,

07/15/2027

56,100‌

53,712‌

0.50%,

01/15/2028

35,408‌

33,749‌

0.63%,

01/15/2026

51,239‌

49,696‌

0.63%,

07/15/2032

73,218‌

67,005‌

0.63%,

02/15/2043

23,114‌

17,897‌

0.75%,

07/15/2028

43,645‌

42,026‌

0.75%,

02/15/2042

29,531‌

23,746‌

0.75%,

02/15/2045

35,116‌

27,150‌

0.88%,

01/15/2029

39,389‌

37,870‌

0.88%,

02/15/2047

23,296‌

18,046‌

1.00%,

02/15/2046

18,233‌

14,693‌

1.00%,

02/15/2048

15,946‌

12,600‌

1.00%,

02/15/2049

8,961‌

7,040‌

1.13%,

01/15/2033

71,285‌

67,341‌

1.25%,

04/15/2028

48,369‌

47,247‌

1.38%,

07/15/2033

68,050‌

65,605‌

1.38%,

02/15/2044

33,437‌

29,520‌

1.50%,

02/15/2053

25,289‌

21,973‌

1.63%,

10/15/2027

55,694‌

55,298‌

1.75%,

01/15/2028

23,027‌

22,900‌

1.75%,

01/15/2034

(i)

72,348‌

71,637‌

1.88%,

07/15/2034

27,435‌

27,564‌

2.00%,

01/15/2026

24,519‌

24,248‌

2.13%,

04/15/2029

68,016‌

69,004‌

2.13%,

02/15/2040

13,472‌

13,685‌

2.13%,

02/15/2041

17,775‌

18,101‌

2.13%,

02/15/2054

13,994‌

14,022‌

2.38%,

01/15/2027

24,622‌

24,743‌

2.38%,

10/15/2028

61,241‌

62,792‌

2.50%,

01/15/2029

21,523‌

22,170‌

3.38%,

04/15/2032

11,068‌

12,311‌

3.63%,

04/15/2028

23,185‌

24,585‌

3.88%,

04/15/2029

26,800‌

29,277‌

$

1,764,323‌

TOTAL

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

$

1,797,781‌

TOTAL

PURCHASED

OPTIONS

-

0.03%

$

501‌

TOTAL

PURCHASED

INTEREST

RATE

SWAPTIONS

-

0.03%

$

681‌

Total

Investments

$

1,872,363‌

Other

Assets

and

Liabilities

-  (1.00)%

(

18,610‌

)

TOTAL

NET

ASSETS

-

100.00%

$

1,853,753‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

1-day

yield

shown

is

as

of

period

end.

(c)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$47,049

or

2.54%

of

net

assets.

(d)

Security

purchased

on

a

when-issued

basis.

(e)

Non-income

producing

security

(f)

Security

is

an

Interest

Only

Strip.

(g)

Certain

variable

rate

securities

are

not

based

on

a

published

reference

rate

and

spread

but

are

determined

by

the

issuer

or

agent

and

are

based

on

current

market

conditions.  These

securities

do

not

indicate

a

reference

rate

and

spread

in

their

description.

Rate

shown

is

the

rate

in

effect

as

of

period

end.

(h)

Security

was

purchased

in

a

"to-be-announced"

("TBA")

transaction.

(i)

Security

or

a

portion

of

the

security

was

pledged

to

cover

margin

requirements

for

swap

and/or

swaption

contracts.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$376

or

0.02%

of

net

assets.

Schedule

of

Investments

Inflation

Protection

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

135

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

1,697‌

$

638,427‌

$

638,233‌

$

1,891‌

$

1,697‌

$

638,427‌

$

638,233‌

$

1,891‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

301‌

$

—‌

$

—‌

$

—‌

$

301‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Options

Purchased

Options

Outstanding

Counterparty

Contracts/

Shares

Notional

Amount

Exercise

Price

Expiration

Date

Upfront

Payments

Fair

Value

Unrealized

Appreciation/

(Depreciation)

Call

-

USD

versus

CNH

Morgan

Stanley

&

Co

1

$

21,124‌

$

7

.75‌

03/09/2026

$

154‌

$

155‌

$

1‌

Call

-

3

Month

Secured

Overnight

Financing

Rate

Future;

December

2024

N/A

494‌

1,235‌

$

95

.75‌

11/18/2024

69‌

77‌

8‌

Call

-

3

Month

Secured

Overnight

Financing

Rate

Future;

December

2024

N/A

494‌

1,235‌

$

95

.25‌

11/18/2024

174‌

269‌

95‌

Total

$

397‌

$

501‌

$

104‌

Written

Options

Outstanding

Counterparty

Contracts/

Shares

Notional

Amount

Exercise

Price

Expiration

Date

Upfront

Receipts

Fair

Value

Unrealized

Appreciation/

(Depreciation)

Call

-

3

Month

Secured

Overnight

Financing

Rate

Future;

December

2024

N/A

988‌

$

2,470‌

$

95

.50‌

11/18/2024

$

(

196‌

)

$

(

266‌

)

$

(

70‌

)

Total

$

(

196‌

)

$

(

266‌

)

$

(

70‌

)

Amounts

in

thousands

except

contracts/shares.

Interest

Rate

Swaptions

Purchased

Swaptions

Outstanding

Counterparty

Paid

by

the

Fund

Rate/Reference    Frequency

Received

by

the

Fund

Rate/Reference  Frequency

Notional

Amount

Exercise

Rate

Expiration

Date

Upfront

Payments

Fair

Value

Unrealized

Appreciation/

(Depreciation)

Call

-

1

Year

Interest

Rate

Swap

Barclays

Bank

PLC

Secured

Overnight

Financing

Rate

Daily

4.54%

Annual

$

165,327‌

4.54%

10/17/2024

$

338‌

$

393‌

$

55‌

Call

-

1

Year

Interest

Rate

Swap

Deutsche

Bank

AG

Secured

Overnight

Financing

Rate

Daily

4.54%

Annual

82,884‌

4.54%

10/17/2024

170‌

197‌

27‌

Put

-

10

Year

Interest

Rate

Swap

Citigroup

Inc

4.43%

Daily

Secured

Overnight

Financing

Rate

Annual

9,961‌

4.43%

10/18/2024

160‌

9‌

(

151‌

)

Put

-

10

Year

Interest

Rate

Swap

Citigroup

Inc

4.43%

Daily

Secured

Overnight

Financing

Rate

Annual

4,981‌

4.43%

10/18/2024

75‌

5‌

(

70‌

)

Put

-

30

Year

Interest

Rate

Swap

Citigroup

Inc

3.93%

Daily

Secured

Overnight

Financing

Rate

Annual

5,094‌

3.93%

12/19/2024

104‌

77‌

(

27‌

)

Total

$

847‌

$

681‌

$

(

166‌

)

Written

Swaptions

Outstanding

Counterparty

Paid

by

the

Fund

Rate/Reference  Frequency

Received

by

the

Fund

Rate/Reference  Frequency

Notional

Amount

Exercise

Rate

Expiration

Date

Upfront

Receipts

Fair

Value

Unrealized

Appreciation/

(Depreciation)

Call

-

1

Year

Interest

Rate

Swap

Barclays

Bank

PLC

3.84%

Daily

Secured

Overnight

Financing

Rate

Annual

$

165,327‌

3.84%

10/17/2024

$

(

137‌

)

$

(

58‌

)

$

79‌

Call

-

1

Year

Interest

Rate

Swap

Deutsche

Bank

AG

3.84%

Daily

Secured

Overnight

Financing

Rate

Annual

82,884‌

3.84%

10/17/2024

(

68‌

)

(

29‌

)

39‌

Call

-

10

Year

Interest

Rate

Swap

Citigroup

Inc

3.89%

Daily

Secured

Overnight

Financing

Rate

Annual

5,731‌

3.89%

09/16/2024

(

87‌

)

(

133‌

)

(

46‌

)

Call

-

10

Year

Interest

Rate

Swap

Citigroup

Inc

3.84%

Daily

Secured

Overnight

Financing

Rate

Annual

2,916‌

3.84%

09/30/2024

(

43‌

)

(

64‌

)

(

21‌

)

Schedule

of

Investments

Inflation

Protection

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

136

Interest

Rate

Swaptions

(continued)

Written

Swaptions

Outstanding

Counterparty

Paid

by

the

Fund

Rate/Reference  Frequency

Received

by

the

Fund

Rate/Reference  Frequency

Notional

Amount

Exercise

Rate

Expiration

Date

Upfront

Receipts

Fair

Value

Unrealized

Appreciation/

(Depreciation)

Call

-

10

Year

Interest

Rate

Swap

Deutsche

Bank

AG

3.86%

Daily

Secured

Overnight

Financing

Rate

Annual

$

11,461‌

3.86%

09/13/2024

$

(

175‌

)

$

(

244‌

)

$

(

69‌

)

Call

-

10

Year

Interest

Rate

Swap

Deutsche

Bank

AG

3.82%

Daily

Secured

Overnight

Financing

Rate

Annual

2,865‌

3.82%

09/18/2024

(

47‌

)

(

57‌

)

(

10‌

)

Put

-

1

Year

Interest

Rate

Swap

Citigroup

Inc

Secured

Overnight

Financing

Rate

Daily

5.10%

Annual

83,669‌

5.10%

10/18/2024

(

147‌

)

(

3‌

)

144‌

Put

-

1

Year

Interest

Rate

Swap

Citigroup

Inc

Secured

Overnight

Financing

Rate

Daily

5.10%

Annual

41,835‌

5.10%

10/18/2024

(

70‌

)

(

1‌

)

69‌

Put

-

10

Year

Interest

Rate

Swap

Citigroup

Inc

Secured

Overnight

Financing

Rate

Daily

3.89%

Annual

5,731‌

3.89%

09/16/2024

(

88‌

)

(

23‌

)

65‌

Put

-

10

Year

Interest

Rate

Swap

Citigroup

Inc

Secured

Overnight

Financing

Rate

Annual

3.84%

Daily

2,916‌

3.84%

09/30/2024

(

43‌

)

(

18‌

)

25‌

Put

-

10

Year

Interest

Rate

Swap

Deutsche

Bank

AG

Secured

Overnight

Financing

Rate

Daily

3.86%

Annual

11,461‌

3.86%

09/13/2024

(

175‌

)

(

50‌

)

125‌

Put

-

10

Year

Interest

Rate

Swap

Deutsche

Bank

AG

Secured

Overnight

Financing

Rate

Daily

3.82%

Annual

2,865‌

3.82%

09/18/2024

(

46‌

)

(

16‌

)

30‌

Put

-

30

Year

Interest

Rate

Swap

Citigroup

Inc

Secured

Overnight

Financing

Rate

Daily

3.86%

Annual

5,094‌

3.86%

09/19/2024

(

64‌

)

(

30‌

)

34‌

Total

$

(

1,190‌

)

$

(

726‌

)

$

464‌

Amounts

in

thousands.

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

Australia

10

Year

Bond;

September

2024

Long

63‌

$

4,749‌

$

100‌

Canada

10

Year

Bond;

September

2024

Short

86‌

7,658‌

(

119‌

)

Euro

Buxl

30

Year

Bond;

September

2024

Short

27‌

3,937‌

(

198‌

)

US

10

Year

Note;

September

2024

Long

15‌

1,677‌

—‌

US

10

Year

Ultra

Note;

September

2024

Long

1‌

116‌

1‌

US

2

Year

Note;

September

2024

Long

165‌

33,886‌

125‌

US

5

Year

Note;

September

2024

Long

56‌

6,042‌

33‌

US

Long

Bond;

September

2024

Long

46‌

5,556‌

(

2‌

)

US

Ultra

Bond;

September

2024

Short

11‌

1,408‌

(

17‌

)

Total

$

(

77‌

)

Amounts

in

thousands

except

contracts.

Foreign

Currency

Contracts

Unrealized

Appreciation/(Depreciation)

Counterparty

Settlement

Date

Currency

to

Accept

Currency

to

Deliver

Asset

Liability

Bank

of

America

NA

08/02/2024

GBP

3,988‌

$

5,125‌

$

2‌

$

—‌

Bank

of

America

NA

08/02/2024

EUR

10,999‌

$

11,910‌

—‌

(

7‌

)

Bank

of

America

NA

08/02/2024

$

2,379‌

JPY

379,978‌

—‌

(

157‌

)

Bank

of

America

NA

08/02/2024

$

4,493‌

GBP

3,536‌

—‌

(

53‌

)

Bank

of

America

NA

09/04/2024

$

5,127‌

GBP

3,988‌

—‌

(

1‌

)

Bank

of

America

NA

09/04/2024

$

11,929‌

EUR

10,999‌

8‌

—‌

Citigroup

Inc

09/18/2024

$

555‌

MXN

10,597‌

—‌

(

9‌

)

JPMorgan

Chase

09/04/2024

$

600‌

EUR

554‌

—‌

—‌

Nomura

Securities

Int'l

Inc

08/02/2024

$

11,813‌

EUR

10,999‌

—‌

(

91‌

)

Nomura

Securities

Int'l

Inc

08/02/2024

$

595‌

GBP

459‌

5‌

—‌

Standard

Chartered

Bank,

Hong

Kong

08/02/2024

JPY

367,017‌

$

2,371‌

79‌

—‌

Standard

Chartered

Bank,

Hong

Kong

09/04/2024

$

2,383‌

JPY

367,017‌

—‌

(

80‌

)

Total

$

94‌

$

(

398‌

)

Amounts

in

thousands.

Schedule

of

Investments

Inflation

Protection

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

137

Exchange

Cleared

Credit

Default

Swaps

Sell

Protection

Reference

Entity

Implied

Credit

Spread

as

of

July

31,

2024

(a)

(Pay)/

Receive

Fixed

Rate

Payment

Frequency

Maturity

Date

Notional

Amount

(b)

Upfront

Payments/

(Receipts)

Unrealized

Appreciation/

(Depreciation)

Fair

Value

(c)

CDX.NA.HY.42

N/A

5.00%

Quarterly

06/20/2029

$

18,894‌

$

1,083‌

$

196‌

$

1,279‌

Total

$

1,083‌

$

196‌

$

1,279‌

Amounts

in

thousands.

(a)

Implied

credit

spreads,

represented

in

absolute

terms,

used

in

determining

the

fair

value

of

credit

default

swap

agreements

on

corporate

issues

or

sovereign

issues

as

of

period

end

serve

as

an

indicator

of

the

current

status

of

the

payment/performance

risk

and

represent

the

likelihood

or

risk

of

default

for

the

credit

derivative.

The

implied

credit

spread

of

a

particular

referenced

entity

reflects

the

cost

of

buying/selling

protection

and

may

include

upfront

payments

required

to

be

made

to

enter

into

the

agreement.

Wider

credit

spreads

represent

a

deterioration

of

the

referenced

entity's

credit

soundness

and

a

greater

likelihood

or

risk

of

default

or

other

credit

event

occurring

as

defined

under

the

terms

of

the

agreement.

(b)

The

maximum

potential

payment

amount

that

the

seller

of

credit

protection

could

be

required

to

make

if

a

credit

event

occurs

is

$18,894.

(c)

The

price

and

resulting

fair

value

for

credit

default

swap

agreements

serve

as

an

indicator

of

the

current

status

of

the

payment/performance

risk

and

represent

the

likelihood

of

an

expected

liability

(or

profit)

for

the

credit

default

swap

as

of

the

period

end.

Increasing

fair

values

of

the

swap,

in

absolute

terms

when

compared

to

the

notional

amount

of

the

swap,

represent

a

deterioration

of

the

referenced

entity's

credit

soundness

and

a

greater

likelihood

or

risk

of

default

or

other

credit

event

occurring

as

defined

under

the

terms

of

the

agreement.

Exchange

Cleared

Interest

Rate

Swaps

Floating

Rate

Index

(Pay)/

Receive

Floating

Rate

Fixed

Rate

Payment

Frequency

Paid

by

Fund

Payment

Frequency

Received

by

Fund

Effective

Date

(a)

Maturity

Date

Notional

Amount

Unrealized

Appreciation/

(Depreciation)

Upfront

Payments/(Receipts)

Fair

Value

6

Month

Euro

Interbank

Offered

Rate

Pay

2.44%

Semiannual

Annual

N/A

06/24/2054

EUR

278‌

$

4‌

$

—‌

$

4‌

6

Month

Euro

Interbank

Offered

Rate

Receive

2.43%

Annual

Semiannual

N/A

06/20/2054

401‌

(

4‌

)

—‌

(

4‌

)

6

Month

Euro

Interbank

Offered

Rate

Receive

2.43%

Annual

Semiannual

N/A

06/19/2054

414‌

(

4‌

)

—‌

(

4‌

)

6

Month

Euro

Interbank

Offered

Rate

Receive

2.49%

Annual

Semiannual

N/A

02/19/2054

1,605‌

(

38‌

)

2‌

(

36‌

)

6

Month

Euro

Interbank

Offered

Rate

Receive

2.51%

Annual

Semiannual

N/A

02/20/2054

1,605‌

(

43‌

)

1‌

(

42‌

)

6

Month

Euro

Interbank

Offered

Rate

Receive

2.51%

Annual

Semiannual

N/A

02/20/2054

3,392‌

(

97‌

)

3‌

(

94‌

)

6

Month

Euro

Interbank

Offered

Rate

Receive

2.51%

Annual

Semiannual

N/A

03/01/2054

815‌

(

23‌

)

1‌

(

22‌

)

6

Month

Euro

Interbank

Offered

Rate

Receive

2.54%

Annual

Semiannual

N/A

04/22/2054

1,325‌

(

44‌

)

(

3‌

)

(

47‌

)

6

Month

Euro

Interbank

Offered

Rate

Receive

2.46%

Semiannual

Semiannual

N/A

03/22/2054

342‌

(

6‌

)

1‌

(

5‌

)

Consumer

Price

All

Urban

Non-

Seasonally

Adjusted

Index

Receive

2.61%

Maturity

Maturity

N/A

12/12/2027

$

16,230‌

$

19‌

—‌

19‌

Consumer

Price

All

Urban

Non-

Seasonally

Adjusted

Index

Receive

2.45%

Maturity

Maturity

N/A

07/02/2026

3,560‌

(

20‌

)

—‌

(

20‌

)

Consumer

Price

All

Urban

Non-

Seasonally

Adjusted

Index

Receive

2.47%

Maturity

Maturity

N/A

07/15/2049

2,570‌

(

27‌

)

—‌

(

27‌

)

Consumer

Price

All

Urban

Non-

Seasonally

Adjusted

Index

Receive

2.55%

Maturity

Maturity

N/A

05/07/2049

2,530‌

(

62‌

)

—‌

(

62‌

)

Consumer

Price

All

Urban

Non-

Seasonally

Adjusted

Index

Receive

2.51%

Maturity

Maturity

N/A

03/25/2029

3,135‌

(

9‌

)

—‌

(

9‌

)

Consumer

Price

All

Urban

Non-

Seasonally

Adjusted

Index

Receive

2.42%

Maturity

Maturity

N/A

05/22/2028

13,840‌

80‌

—‌

80‌

Consumer

Price

All

Urban

Non-

Seasonally

Adjusted

Index

Receive

2.32%

Maturity

Maturity

N/A

11/14/2025

3,400‌

2‌

—‌

2‌

Consumer

Price

All

Urban

Non-

Seasonally

Adjusted

Index

Receive

2.40%

Maturity

Maturity

N/A

02/23/2026

4,155‌

4‌

—‌

4‌

Consumer

Price

All

Urban

Non-

Seasonally

Adjusted

Index

Receive

2.17%

Maturity

Maturity

N/A

01/16/2026

6,975‌

30‌

—‌

30‌

Consumer

Price

All

Urban

Non-

Seasonally

Adjusted

Index

Receive

2.32%

Maturity

Maturity

N/A

11/21/2026

5,015‌

9‌

—‌

9‌

Consumer

Price

All

Urban

Non-

Seasonally

Adjusted

Index

Receive

2.12%

Maturity

Maturity

N/A

01/05/2026

15,185‌

72‌

—‌

72‌

Consumer

Price

All

Urban

Non-

Seasonally

Adjusted

Index

Receive

2.48%

Maturity

Maturity

N/A

03/20/2026

7,095‌

(

11‌

)

—‌

(

11‌

)

Schedule

of

Investments

Inflation

Protection

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

138

Exchange

Cleared

Interest

Rate

Swaps

(continued)

Floating

Rate

Index

(Pay)/

Receive

Floating

Rate

Fixed

Rate

Payment

Frequency

Paid

by

Fund

Payment

Frequency

Received

by

Fund

Effective

Date

(a)

Maturity

Date

Notional

Amount

Unrealized

Appreciation/

(Depreciation)

Upfront

Payments/(Receipts)

Fair

Value

New

Zealand

Bank

Bill

3

Month

FRA

Pay

4.11%

Quarterly

Semiannual

N/A

07/26/2034

NZD

3,385‌

$

7‌

$

—‌

$

7‌

New

Zealand

Bank

Bill

3

Month

FRA

Receive

4.54%

Semiannual

Quarterly

N/A

07/08/2034

2,904‌

(

68‌

)

2‌

(

66‌

)

New

Zealand

Bank

Bill

3

Month

FRA

Receive

4.38%

Semiannual

Quarterly

N/A

07/15/2034

1,968‌

(

31‌

)

1‌

(

30‌

)

New

Zealand

Bank

Bill

3

Month

FRA

Pay

4.15%

Quarterly

Semiannual

N/A

07/29/2034

1,137‌

4‌

—‌

4‌

New

Zealand

Bank

Bill

3

Month

FRA

Pay

4.13%

Quarterly

Semiannual

N/A

07/23/2034

1,662‌

5‌

—‌

5‌

New

Zealand

Bank

Bill

3

Month

FRA

Receive

4.53%

Semiannual

Quarterly

N/A

07/05/2034

3,488‌

(

80‌

)

1‌

(

79‌

)

New

Zealand

Bank

Bill

3

Month

FRA

Receive

4.37%

Semiannual

Quarterly

N/A

07/15/2034

1,945‌

(

29‌

)

—‌

(

29‌

)

New

Zealand

Bank

Bill

3

Month

FRA

Receive

4.56%

Semiannual

Quarterly

N/A

07/05/2034

3,479‌

(

85‌

)

1‌

(

84‌

)

Secured

Overnight

Financing

Rate

Pay

3.77%

Annual

Annual

N/A

07/15/2034

$

2,122‌

$

13‌

—‌

13‌

Secured

Overnight

Financing

Rate

Receive

4.46%

Annual

Annual

N/A

10/16/2025

109,652‌

(

67‌

)

—‌

(

67‌

)

Secured

Overnight

Financing

Rate

Pay

3.70%

Annual

Annual

N/A

08/02/2034

1,146‌

8‌

—‌

8‌

Secured

Overnight

Financing

Rate

Pay

3.78%

Annual

Annual

N/A

06/18/2034

2,122‌

14‌

—‌

14‌

Tokyo

Overnight  Average

Rate

Receive

0.41%

Annual

Annual

N/A

05/21/2026

JPY

1,470,695‌

$

10‌

—‌

10‌

Tokyo

Overnight  Average

Rate

Pay

0.99%

Annual

Annual

N/A

05/21/2034

309,545‌

4‌

—‌

4‌

Tokyo

Overnight  Average

Rate

Pay

0.85%

Annual

Annual

N/A

03/11/2034

239,695‌

(

13‌

)

—‌

(

13‌

)

Tokyo

Overnight  Average

Rate

Receive

0.27%

Annual

Annual

N/A

03/11/2026

1,141,395‌

19‌

—‌

19‌

US

Federal

Funds

Effective

Rate

(continuous

series)

Pay

5.33%

Annual

Annual

N/A

09/18/2024

$

360,470‌

$

8‌

—‌

8‌

US

Federal

Funds

Effective

Rate

(continuous

series)

Pay

5.32%

Annual

Annual

N/A

09/18/2024

371,380‌

1‌

1‌

2‌

US

Federal

Funds

Effective

Rate

(continuous

series)

Pay

5.33%

Annual

Annual

N/A

09/18/2024

360,380‌

4‌

—‌

4‌

US

Federal

Funds

Effective

Rate

(continuous

series)

Pay

5.32%

Annual

Annual

N/A

09/18/2024

371,380‌

2‌

—‌

2‌

US

Federal

Funds

Effective

Rate

(continuous

series)

Pay

5.32%

Annual

Annual

N/A

09/18/2024

366,000‌

3‌

—‌

3‌

US

Federal

Funds

Effective

Rate

(continuous

series)

Pay

5.32%

Annual

Annual

N/A

09/18/2024

371,380‌

—‌

1‌

1‌

Total

$

(

439‌

)

$

12‌

$

(

427‌

)

Amounts

in

thousands.

(a)    

Forward

swap.

Schedule

of

Investments

International

Equity

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

139

INVESTMENT

COMPANIES

-

0

.57

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

0

.57

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

3‌

$

—‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(c)

1,629,813‌

1,630‌

$

1,630‌

TOTAL

INVESTMENT

COMPANIES

$

1,630‌

COMMON

STOCKS

-

99

.79

%

Shares

Held

Value

(000's)

Aerospace

&

Defense

-

5

.69

%

Airbus

SE

26,494‌

$

4,009‌

BAE

Systems

PLC

728,859‌

12,156‌

$

16,165‌

Apparel

-

3

.73

%

PRADA

SpA

667,100‌

4,809‌

Samsonite

International

SA

(d)

2,005,200‌

5,783‌

$

10,592‌

Automobile

Manufacturers

-

1

.70

%

Toyota

Motor

Corp

251,400‌

4,830‌

Automobile

Parts

&

Equipment

-

2

.12

%

Toyota

Industries

Corp

71,500‌

6,011‌

Banks

-

13

.54

%

AIB

Group

PLC

1,548,416‌

8,882‌

Erste

Group

Bank

AG

85,850‌

4,465‌

National

Bank

of

Greece

SA

534,923‌

4,696‌

NatWest

Group

PLC

1,822,825‌

8,648‌

Sberbank

of

Russia

PJSC

ADR

(e)

194,243‌

—‌

Societe

Generale

SA

233,050‌

6,045‌

UniCredit

SpA

138,524‌

5,690‌

$

38,426‌

Building

Materials

-

2

.41

%

CRH

PLC

80,264‌

6,827‌

Coal

-

2

.29

%

Teck

Resources

Ltd

132,500‌

6,495‌

Cosmetics

&

Personal

Care

-

4

.67

%

Unilever

PLC

215,765‌

13,260‌

Entertainment

-

1

.31

%

Entain

PLC

505,817‌

3,717‌

Food

-

0

.00

%

Magnit

PJSC

24,200‌

—‌

Home

Builders

-

1

.45

%

Vistry

Group

PLC

(e)

230,999‌

4,114‌

Insurance

-

7

.45

%

AIA

Group

Ltd

1,183,800‌

7,919‌

Hannover

Rueck

SE

26,405‌

6,556‌

MS&AD

Insurance

Group

Holdings

Inc

282,900‌

6,669‌

$

21,144‌

Internet

-

4

.91

%

JD.com

Inc

509,850‌

6,723‌

Tencent

Holdings

Ltd

156,500‌

7,222‌

$

13,945‌

Iron

&

Steel

-

0

.00

%

Evraz

PLC

(e)

204,000‌

—‌

Machinery

-

Construction

&

Mining

-

1

.93

%

Weir

Group

PLC/The

210,108‌

5,485‌

Media

-

1

.90

%

Liberty

Media

Corp-Liberty

Formula

One

-

C

Shares

(e)

66,513‌

5,379‌

Mining

-

1

.07

%

Sandfire

Resources

Ltd

(e)

533,288‌

3,046‌

Oil

&

Gas

-

5

.96

%

Canadian

Natural

Resources

Ltd

102,100‌

3,625‌

Gazprom

PJSC

(e)

288,000‌

—‌

LUKOIL

PJSC

20,000‌

—‌

Noble

Corp

PLC

145,383‌

6,865‌

Novatek

PJSC

67,000‌

—‌

Suncor

Energy

Inc

97,900‌

3,910‌

Tourmaline

Oil

Corp

57,000‌

2,508‌

$

16,908‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Pharmaceuticals

-

8

.27

%

AstraZeneca

PLC

55,184‌

$

8,767‌

Novo

Nordisk

A/S

32,715‌

4,334‌

Sanofi

SA

100,585‌

10,370‌

$

23,471‌

Private

Equity

-

1

.65

%

3i

Group

PLC

116,191‌

4,674‌

Retail

-

6

.96

%

Alimentation

Couche-Tard

Inc

92,100‌

5,678‌

Dollarama

Inc

97,800‌

9,168‌

Yum

China

Holdings

Inc

162,760‌

4,922‌

$

19,768‌

Semiconductors

-

13

.31

%

ASML

Holding

NV

8,419‌

7,839‌

Renesas

Electronics

Corp

236,200‌

4,068‌

Samsung

Electronics

Co

Ltd

173,034‌

10,670‌

Socionext

Inc

156,600‌

3,162‌

Taiwan

Semiconductor

Manufacturing

Co

Ltd

413,000‌

12,048‌

$

37,787‌

Software

-

0

.00

%

Constellation

Software

Inc/Canada

-

Warrants

(e),(f)

500‌

—‌

Telecommunications

-

4

.15

%

Deutsche

Telekom

AG

450,894‌

11,794‌

Toys,

Games

&

Hobbies

-

3

.32

%

Nintendo

Co

Ltd

170,500‌

9,421‌

TOTAL

COMMON

STOCKS

$

283,259‌

Total

Investments

$

284,889‌

Other

Assets

and

Liabilities

-  (0.36)%

(

1,022‌

)

TOTAL

NET

ASSETS

-

100.00%

$

283,867‌

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$0

or

0.00%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$5,783

or

2.04%

of

net

assets.

(e)

Non-income

producing

security

(f)

The

value

of

these

investments

was

determined

using

significant

unobservable

inputs,

in

good

faith

by

the

Manager,

under

procedures

established

and

periodically

reviewed

by

the

Board

of

Directors.

Schedule

of

Investments

International

Equity

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

140

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

937‌

$

97,741‌

$

97,048‌

$

1,630‌

$

937‌

$

97,741‌

$

97,048‌

$

1,630‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

77‌

$

—‌

$

—‌

$

—‌

$

77‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Schedule

of

Investments

LargeCap

Growth

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

141

INVESTMENT

COMPANIES

-

3

.06

%

Shares

Held

Value

(000's)

Exchange-Traded

Funds

-

0

.84

%

iShares

Russell

1000

Growth

ETF

241,200‌

$

86,395‌

Money

Market

Funds

-

2

.22

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

525,787‌

526‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(c)

227,681,068‌

227,682‌

$

228,208‌

TOTAL

INVESTMENT

COMPANIES

$

314,603‌

CONVERTIBLE

PREFERRED

STOCKS

-

0

.08

%

Shares

Held

Value

(000's)

Automobile

Manufacturers

-

0

.03

%

Waymo

LLC

Series

A-2

0.00%

(d),(e),(f)

48,770‌

$

3,009‌

Chemicals

-

0

.02

%

Sila

Nano

Series

F

0.00%

(d),(e),(f)

103,620‌

2,026‌

Software

-

0

.03

%

Nuro

-

Series

C

0.00%

(d),(e),(f)

353,308‌

1,445‌

Rappi

Inc

-

Series

E

0.00%

(d),(e),(f)

103,387‌

2,349‌

$

3,794‌

TOTAL

CONVERTIBLE

PREFERRED

STOCKS

$

8,829‌

COMMON

STOCKS

-

96

.80

%

Shares

Held

Value

(000's)

Advertising

-

0

.03

%

Trade

Desk

Inc/The

(d)

30,582‌

$

2,749‌

Aerospace

&

Defense

-

1

.80

%

Boeing

Co/The

(d)

100,558‌

19,166‌

General

Electric

Co

16,226‌

2,762‌

HEICO

Corp

3,098‌

748‌

HEICO

Corp

-

Class

A

5,661‌

1,076‌

Howmet

Aerospace

Inc

364,980‌

34,928‌

Loar

Holdings

Inc

(d)

377‌

24‌

Lockheed

Martin

Corp

4,777‌

2,589‌

Spirit

AeroSystems

Holdings

Inc

(d)

463‌

17‌

TransDigm

Group

Inc

95,514‌

123,616‌

$

184,926‌

Airlines

-

0

.00

%

American

Airlines

Group

Inc

(d)

1,890‌

20‌

Apparel

-

0

.05

%

Crocs

Inc

(d)

738‌

99‌

Deckers

Outdoor

Corp

(d)

1,765‌

1,628‌

NIKE

Inc

51,419‌

3,849‌

Skechers

USA

Inc

(d)

407‌

27‌

$

5,603‌

Automobile

Manufacturers

-

0

.43

%

Tesla

Inc

(d)

192,118‌

44,585‌

Automobile

Parts

&

Equipment

-

0

.07

%

Aurora

Innovation

Inc

(d),(g)

1,843,951‌

7,376‌

Banks

-

0

.06

%

Goldman

Sachs

Group

Inc/The

5,914‌

3,010‌

Morgan

Stanley

4,788‌

494‌

NU

Holdings

Ltd/Cayman

Islands

(d)

219,921‌

2,668‌

Popular

Inc

294‌

30‌

$

6,202‌

Beverages

-

0

.25

%

Boston

Beer

Co

Inc/The

(d)

76‌

21‌

Celsius

Holdings

Inc

(d)

12,218‌

572‌

Coca-Cola

Co/The

153,771‌

10,263‌

Monster

Beverage

Corp

(d)

41,887‌

2,155‌

PepsiCo

Inc

75,108‌

12,969‌

$

25,980‌

Biotechnology

-

0

.61

%

Alnylam

Pharmaceuticals

Inc

(d)

7,801‌

1,852‌

Amgen

Inc

28,922‌

9,616‌

Apellis

Pharmaceuticals

Inc

(d)

7,210‌

285‌

Argenx

SE

ADR

(d)

50,667‌

26,138‌

Exelixis

Inc

(d)

16,557‌

388‌

Incyte

Corp

(d)

440‌

29‌

Intra-Cellular

Therapies

Inc

(d)

7,162‌

564‌

Ionis

Pharmaceuticals

Inc

(d)

9,367‌

463‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Biotechnology

(continued)

Legend

Biotech

Corp

ADR

(d)

299,592‌

$

16,894‌

Regeneron

Pharmaceuticals

Inc

(d)

608‌

656‌

Sarepta

Therapeutics

Inc

(d)

6,310‌

898‌

Ultragenyx

Pharmaceutical

Inc

(d)

5,834‌

263‌

Vertex

Pharmaceuticals

Inc

(d)

8,989‌

4,456‌

Viking

Therapeutics

Inc

(d)

7,315‌

417‌

$

62,919‌

Building

Materials

-

0

.06

%

AAON

Inc

4,772‌

422‌

Armstrong

World

Industries

Inc

1,009‌

132‌

AZEK

Co

Inc/The

(d)

7,011‌

315‌

Builders

FirstSource

Inc

(d)

753‌

126‌

Eagle

Materials

Inc

1,836‌

500‌

Lennox

International

Inc

2,265‌

1,322‌

Louisiana-Pacific

Corp

3,159‌

310‌

Martin

Marietta

Materials

Inc

237‌

141‌

Simpson

Manufacturing

Co

Inc

159‌

30‌

Trane

Technologies

PLC

5,387‌

1,801‌

Trex

Co

Inc

(d)

7,329‌

613‌

Vulcan

Materials

Co

2,411‌

662‌

$

6,374‌

Chemicals

-

0

.09

%

Celanese

Corp

2,016‌

284‌

Chemours

Co/The

530‌

13‌

Ecolab

Inc

15,025‌

3,466‌

RPM

International

Inc

1,696‌

206‌

Sherwin-Williams

Co/The

14,814‌

5,197‌

$

9,166‌

Commercial

Services

-

3

.40

%

Affirm

Holdings

Inc

(d)

95,172‌

2,692‌

Automatic

Data

Processing

Inc

26,415‌

6,937‌

Avis

Budget

Group

Inc

295‌

30‌

Block

Inc

(d)

16,245‌

1,005‌

Booz

Allen

Hamilton

Holding

Corp

8,898‌

1,275‌

Bright

Horizons

Family

Solutions

Inc

(d)

306‌

37‌

Cintas

Corp

184,324‌

140,813‌

Corpay

Inc

(d)

4,834‌

1,411‌

Equifax

Inc

107,028‌

29,901‌

Grand

Canyon

Education

Inc

(d)

651‌

102‌

H&R

Block

Inc

1,868‌

108‌

Moody's

Corp

10,971‌

5,008‌

Morningstar

Inc

1,890‌

600‌

Paylocity

Holding

Corp

(d)

3,051‌

458‌

Quanta

Services

Inc

3,123‌

829‌

Rollins

Inc

19,353‌

927‌

S&P

Global

Inc

313,068‌

151,753‌

Shift4

Payments

Inc

(d)

4,205‌

289‌

Toast

Inc

(d)

30,702‌

803‌

TransUnion

443‌

40‌

U-Haul

Holding

Co

2,997‌

191‌

U-Haul

Holding

Co

(d)

129‌

9‌

United

Rentals

Inc

1,162‌

880‌

Valvoline

Inc

(d)

8,974‌

417‌

Verisk

Analytics

Inc

9,892‌

2,589‌

WEX

Inc

(d)

158‌

29‌

WillScot

Holdings

Corp

(d)

3,749‌

154‌

$

349,287‌

Computers

-

6

.18

%

Apple

Inc

2,795,976‌

620,931‌

Crowdstrike

Holdings

Inc

(d)

15,126‌

3,509‌

Dell

Technologies

Inc

2,759‌

314‌

EPAM

Systems

Inc

(d)

142‌

30‌

Fortinet

Inc

(d)

35,636‌

2,068‌

Gartner

Inc

(d)

5,260‌

2,636‌

Globant

SA

(d)

2,240‌

436‌

HP

Inc

16,408‌

592‌

KBR

Inc

461‌

31‌

NetApp

Inc

6,430‌

816‌

Pure

Storage

Inc

(d)

17,518‌

1,050‌

Schedule

of

Investments

LargeCap

Growth

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

142

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Computers

(continued)

Super

Micro

Computer

Inc

(d)

3,423‌

$

2,402‌

Zscaler

Inc

(d)

6,375‌

1,143‌

$

635,958‌

Consumer

Products

-

0

.03

%

Avery

Dennison

Corp

2,140‌

464‌

Clorox

Co/The

8,628‌

1,138‌

Kimberly-Clark

Corp

9,605‌

1,297‌

$

2,899‌

Cosmetics

&

Personal

Care

-

0

.10

%

Colgate-Palmolive

Co

30,938‌

3,069‌

elf

Beauty

Inc

(d)

3,709‌

640‌

Estee

Lauder

Cos

Inc/The

5,806‌

578‌

Procter

&

Gamble

Co/The

36,415‌

5,854‌

$

10,141‌

Distribution

&

Wholesale

-

0

.09

%

Copart

Inc

(d)

55,936‌

2,927‌

Core

&

Main

Inc

(d)

7,580‌

405‌

Fastenal

Co

33,386‌

2,362‌

Pool

Corp

2,581‌

965‌

SiteOne

Landscape

Supply

Inc

(d)

1,135‌

167‌

WW

Grainger

Inc

2,613‌

2,553‌

$

9,379‌

Diversified

Financial

Services

-

4

.97

%

Ally

Financial

Inc

2,577‌

116‌

American

Express

Co

14,767‌

3,737‌

Ameriprise

Financial

Inc

6,369‌

2,739‌

Apollo

Global

Management

Inc

27,021‌

3,386‌

Ares

Management

Corp

12,371‌

1,895‌

Blue

Owl

Capital

Inc

34,747‌

663‌

Charles

Schwab

Corp/The

448,519‌

29,239‌

Coinbase

Global

Inc

(d)

11,507‌

2,582‌

Credit

Acceptance

Corp

(d)

338‌

194‌

Houlihan

Lokey

Inc

162‌

24‌

Jefferies

Financial

Group

Inc

3,506‌

205‌

Lazard

Inc

7,129‌

351‌

LPL

Financial

Holdings

Inc

5,193‌

1,150‌

Mastercard

Inc

688,544‌

319,284‌

SoFi

Technologies

Inc

(d)

6,521‌

49‌

TPG

Inc

799‌

41‌

Tradeweb

Markets

Inc

208,641‌

23,302‌

UWM

Holdings

Corp

1,425‌

12‌

Visa

Inc

458,315‌

121,760‌

Western

Union

Co/The

2,294‌

27‌

XP

Inc

1,150‌

20‌

$

510,776‌

Electric

-

0

.03

%

Constellation

Energy

Corp

3,513‌

667‌

NRG

Energy

Inc

6,092‌

458‌

Vistra

Corp

23,850‌

1,889‌

$

3,014‌

Electrical

Components

&

Equipment

-

0

.79

%

Generac

Holdings

Inc

(d)

521,377‌

81,168‌

Universal

Display

Corp

1,676‌

373‌

$

81,541‌

Electronics

-

0

.78

%

Amphenol

Corp

1,221,707‌

78,507‌

Honeywell

International

Inc

7,031‌

1,439‌

Jabil

Inc

388‌

44‌

$

79,990‌

Energy

-

Alternate

Sources

-

0

.01

%

Enphase

Energy

Inc

(d)

8,981‌

1,034‌

Engineering

&

Construction

-

0

.01

%

Comfort

Systems

USA

Inc

2,482‌

825‌

EMCOR

Group

Inc

1,323‌

497‌

TopBuild

Corp

(d)

89‌

42‌

$

1,364‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Entertainment

-

0

.04

%

Churchill

Downs

Inc

4,814‌

$

691‌

DraftKings

Inc

(d)

30,753‌

1,136‌

Light

&

Wonder

Inc

(d)

6,287‌

674‌

Live

Nation

Entertainment

Inc

(d)

10,960‌

1,054‌

Madison

Square

Garden

Sports

Corp

(d)

64‌

13‌

TKO

Group

Holdings

Inc

435‌

48‌

Vail

Resorts

Inc

2,256‌

411‌

$

4,027‌

Environmental

Control

-

1

.02

%

Tetra

Tech

Inc

791‌

169‌

Veralto

Corp

926,013‌

98,675‌

Waste

Management

Inc

27,760‌

5,626‌

$

104,470‌

Food

-

0

.02

%

Hershey

Co/The

1,472‌

291‌

Lamb

Weston

Holdings

Inc

3,247‌

195‌

Performance

Food

Group

Co

(d)

1,508‌

104‌

Pilgrim's

Pride

Corp

(d)

316‌

13‌

Sysco

Corp

21,425‌

1,642‌

$

2,245‌

Hand

&

Machine

Tools

-

0

.00

%

Lincoln

Electric

Holdings

Inc

924‌

190‌

Healthcare

-

Products

-

5

.75

%

10X

Genomics

Inc

(d)

3,150‌

65‌

Align

Technology

Inc

(d)

271,436‌

62,941‌

Bruker

Corp

4,648‌

319‌

Danaher

Corp

135,369‌

37,508‌

Edwards

Lifesciences

Corp

(d)

643,097‌

40,547‌

Exact

Sciences

Corp

(d)

4,212‌

192‌

GE

HealthCare

Technologies

Inc

2,356‌

199‌

IDEXX

Laboratories

Inc

(d)

5,746‌

2,736‌

Inspire

Medical

Systems

Inc

(d)

2,108‌

297‌

Insulet

Corp

(d)

4,878‌

948‌

Intuitive

Surgical

Inc

(d)

602,598‌

267,921‌

Masimo

Corp

(d)

1,537‌

165‌

Natera

Inc

(d)

7,871‌

806‌

Penumbra

Inc

(d)

53,902‌

9,006‌

Repligen

Corp

(d)

321‌

54‌

ResMed

Inc

2,799‌

597‌

Stryker

Corp

205,178‌

67,185‌

Thermo

Fisher

Scientific

Inc

159,850‌

98,042‌

Waters

Corp

(d)

2,538‌

854‌

West

Pharmaceutical

Services

Inc

3,099‌

949‌

$

591,331‌

Healthcare

-

Services

-

1

.60

%

Chemed

Corp

63‌

36‌

DaVita

Inc

(d)

3,541‌

484‌

Elevance

Health

Inc

2,624‌

1,396‌

Fortrea

Holdings

Inc

(d)

505‌

14‌

HCA

Healthcare

Inc

3,324‌

1,207‌

Humana

Inc

32,499‌

11,752‌

IQVIA

Holdings

Inc

(d)

1,463‌

360‌

Medpace

Holdings

Inc

(d)

1,808‌

692‌

Molina

Healthcare

Inc

(d)

2,586‌

882‌

UnitedHealth

Group

Inc

255,657‌

147,299‌

$

164,122‌

Home

Furnishings

-

0

.01

%

SharkNinja

Inc

525‌

41‌

Tempur

Sealy

International

Inc

11,639‌

609‌

$

650‌

Insurance

-

1

.55

%

Allstate

Corp/The

2,886‌

494‌

Arthur

J

Gallagher

&

Co

1,083‌

307‌

Brown

&

Brown

Inc

7,314‌

727‌

Equitable

Holdings

Inc

22,175‌

967‌

Everest

Group

Ltd

484‌

190‌

Kinsale

Capital

Group

Inc

1,615‌

738‌

Markel

Group

Inc

(d)

198‌

325‌

Schedule

of

Investments

LargeCap

Growth

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

143

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Insurance

(continued)

Marsh

&

McLennan

Cos

Inc

4,723‌

$

1,051‌

Progressive

Corp/The

719,795‌

154,122‌

RLI

Corp

103‌

16‌

Ryan

Specialty

Holdings

Inc

6,915‌

426‌

$

159,363‌

Internet

-

18

.71

%

Airbnb

Inc

(d)

30,251‌

4,222‌

Alphabet

Inc

-

A

Shares

2,049,113‌

351,505‌

Alphabet

Inc

-

C

Shares

1,330,326‌

230,346‌

Amazon.com

Inc

(d)

3,468,327‌

648,507‌

Booking

Holdings

Inc

17,764‌

65,994‌

CDW

Corp/DE

4,726‌

1,031‌

Coupang

Inc

(d)

1,719,179‌

35,673‌

DoorDash

Inc

-

Class

A

(d)

20,970‌

2,322‌

Etsy

Inc

(d)

5,290‌

345‌

Expedia

Group

Inc

(d)

8,790‌

1,122‌

GoDaddy

Inc

(d)

9,819‌

1,428‌

Lyft

Inc

(d)

14,513‌

175‌

MercadoLibre

Inc

(d)

9,603‌

16,027‌

Meta

Platforms

Inc

571,262‌

271,252‌

Netflix

Inc

(d)

118,180‌

74,258‌

Okta

Inc

(d)

4,824‌

453‌

Palo

Alto

Networks

Inc

(d)

21,332‌

6,927‌

Pinterest

Inc

(d)

40,953‌

1,309‌

Roku

Inc

(d)

1,308‌

76‌

Shopify

Inc

(d)

524,823‌

32,119‌

Spotify

Technology

SA

(d)

88,121‌

30,308‌

TripAdvisor

Inc

(d)

683‌

12‌

Trump

Media

&

Technology

Group

Corp

(d),(g)

1,445‌

42‌

Uber

Technologies

Inc

(d)

2,300,126‌

148,289‌

VeriSign

Inc

(d)

203‌

38‌

$

1,923,780‌

Iron

&

Steel

-

0

.00

%

Cleveland-Cliffs

Inc

(d)

10,568‌

162‌

Leisure

Products

&

Services

-

0

.02

%

Norwegian

Cruise

Line

Holdings

Ltd

(d)

29,642‌

546‌

Planet

Fitness

Inc

(d)

3,317‌

245‌

Royal

Caribbean

Cruises

Ltd

5,736‌

899‌

YETI

Holdings

Inc

(d)

1,019‌

42‌

$

1,732‌

Lodging

-

1

.56

%

Choice

Hotels

International

Inc

(g)

1,497‌

191‌

Hilton

Worldwide

Holdings

Inc

742,376‌

159,366‌

Hyatt

Hotels

Corp

254‌

37‌

Las

Vegas

Sands

Corp

24,782‌

983‌

Wyndham

Hotels

&

Resorts

Inc

249‌

19‌

Wynn

Resorts

Ltd

273‌

23‌

$

160,619‌

Machinery

-

Construction

&

Mining

-

0

.04

%

BWX

Technologies

Inc

1,283‌

128‌

Caterpillar

Inc

4,857‌

1,681‌

Vertiv

Holdings

Co

24,782‌

1,950‌

$

3,759‌

Machinery

-

Diversified

-

0

.72

%

Cognex

Corp

372‌

18‌

IDEX

Corp

91,136‌

19,000‌

Ingersoll

Rand

Inc

549,570‌

55,177‌

Rockwell

Automation

Inc

727‌

203‌

$

74,398‌

Media

-

0

.01

%

FactSet

Research

Systems

Inc

986‌

407‌

Liberty

Broadband

Corp

-

A

Shares

(d)

148‌

10‌

Liberty

Broadband

Corp

-

C

Shares

(d)

1,866‌

126‌

Liberty

Media

Corp-Liberty

Formula

One

-

A

Shares

(d)

331‌

25‌

Liberty

Media

Corp-Liberty

Formula

One

-

C

Shares

(d)

4,872‌

394‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Media

(continued)

Nexstar

Media

Group

Inc

840‌

$

155‌

$

1,117‌

Metal

Fabrication

&

Hardware

-

0

.00

%

Advanced

Drainage

Systems

Inc

1,797‌

318‌

Mining

-

0

.01

%

Southern

Copper

Corp

5,828‌

621‌

Miscellaneous

Manufacturers

-

0

.04

%

3M

Co

7,158‌

913‌

Axon

Enterprise

Inc

(d)

5,014‌

1,504‌

Carlisle

Cos

Inc

444‌

186‌

Illinois

Tool

Works

Inc

7,728‌

1,911‌

$

4,514‌

Office

&

Business

Equipment

-

0

.00

%

Zebra

Technologies

Corp

(d)

809‌

284‌

Oil

&

Gas

-

0

.04

%

Civitas

Resources

Inc

1,897‌

132‌

EQT

Corp

2,121‌

73‌

Hess

Corp

12,540‌

1,924‌

Matador

Resources

Co

358‌

22‌

Permian

Resources

Corp

9,235‌

142‌

Texas

Pacific

Land

Corp

1,298‌

1,097‌

Viper

Energy

Inc

1,068‌

46‌

Weatherford

International

PLC

5,035‌

593‌

$

4,029‌

Oil

&

Gas

Services

-

0

.28

%

Schlumberger

NV

590,191‌

28,500‌

Packaging

&

Containers

-

0

.00

%

Sealed

Air

Corp

335‌

13‌

Pharmaceuticals

-

4

.47

%

AbbVie

Inc

52,951‌

9,813‌

Becton

Dickinson

&

Co

179,959‌

43,381‌

Cardinal

Health

Inc

10,048‌

1,013‌

Cencora

Inc

11,669‌

2,776‌

Cigna

Group/The

242,015‌

84,383‌

Dexcom

Inc

(d)

27,379‌

1,857‌

Eli

Lilly

&

Co

182,182‌

146,524‌

McKesson

Corp

3,966‌

2,447‌

Merck

&

Co

Inc

175,285‌

19,830‌

Neurocrine

Biosciences

Inc

(d)

6,941‌

983‌

Zoetis

Inc

812,360‌

146,257‌

$

459,264‌

Pipelines

-

0

.04

%

Antero

Midstream

Corp

8,939‌

128‌

Cheniere

Energy

Inc

8,164‌

1,491‌

New

Fortress

Energy

Inc

(g)

1,381‌

27‌

Targa

Resources

Corp

15,231‌

2,061‌

$

3,707‌

Private

Equity

-

0

.08

%

Blackstone

Inc

49,335‌

7,013‌

KKR

&

Co

Inc

13,455‌

1,661‌

$

8,674‌

Real

Estate

-

1

.17

%

CoStar

Group

Inc

(d)

1,533,598‌

119,652‌

Jones

Lang

LaSalle

Inc

(d)

878‌

220‌

$

119,872‌

REITs

-

0

.10

%

American

Tower

Corp

32,311‌

7,121‌

Equinix

Inc

325‌

257‌

Iron

Mountain

Inc

11,538‌

1,183‌

Lamar

Advertising

Co

1,514‌

182‌

Public

Storage

1,717‌

508‌

Simon

Property

Group

Inc

5,774‌

886‌

$

10,137‌

Retail

-

3

.63

%

AutoZone

Inc

(d)

1,090‌

3,416‌

Burlington

Stores

Inc

(d)

4,371‌

1,138‌

CarMax

Inc

(d)

381‌

32‌

Schedule

of

Investments

LargeCap

Growth

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

144

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Retail

(continued)

Carvana

Co

(d)

2,603‌

$

347‌

Casey's

General

Stores

Inc

442‌

171‌

Cava

Group

Inc

(d)

5,265‌

443‌

Chipotle

Mexican

Grill

Inc

(d)

670,479‌

36,421‌

Costco

Wholesale

Corp

250,156‌

205,628‌

Darden

Restaurants

Inc

4,397‌

643‌

Dick's

Sporting

Goods

Inc

208‌

45‌

Dollar

General

Corp

206,931‌

24,912‌

Domino's

Pizza

Inc

894‌

383‌

Dutch

Bros

Inc

(d)

2,496‌

96‌

Ferguson

Enterprises

Inc

936‌

208‌

Five

Below

Inc

(d)

2,543‌

185‌

Floor

&

Decor

Holdings

Inc

(d)

2,702‌

265‌

Freshpet

Inc

(d)

1,024‌

125‌

Home

Depot

Inc/The

54,756‌

20,159‌

Lululemon

Athletica

Inc

(d)

8,390‌

2,170‌

McDonald's

Corp

3,242‌

861‌

Murphy

USA

Inc

1,373‌

693‌

O'Reilly

Automotive

Inc

(d)

3,732‌

4,204‌

RH

(d)

110‌

32‌

Ross

Stores

Inc

377,439‌

54,060‌

Starbucks

Corp

60,815‌

4,741‌

Texas

Roadhouse

Inc

4,658‌

813‌

TJX

Cos

Inc/The

46,333‌

5,237‌

Tractor

Supply

Co

7,503‌

1,976‌

Ulta

Beauty

Inc

(d)

2,919‌

1,065‌

Wendy's

Co/The

5,860‌

99‌

Williams-Sonoma

Inc

5,257‌

813‌

Wingstop

Inc

2,044‌

764‌

Yum!

Brands

Inc

7,530‌

1,000‌

$

373,145‌

Semiconductors

-

11

.63

%

Advanced

Micro

Devices

Inc

(d)

193,072‌

27,895‌

Applied

Materials

Inc

52,889‌

11,223‌

ASML

Holding

NV

-

NY

Reg

Shares

61,325‌

57,443‌

Astera

Labs

Inc

(d),(g)

200‌

9‌

Broadcom

Inc

314,320‌

50,505‌

Entegris

Inc

10,456‌

1,237‌

KLA

Corp

9,307‌

7,660‌

Lam

Research

Corp

9,025‌

8,314‌

Lattice

Semiconductor

Corp

(d)

8,202‌

435‌

Marvell

Technology

Inc

1,635,115‌

109,520‌

MKS

Instruments

Inc

158‌

20‌

Monolithic

Power

Systems

Inc

3,244‌

2,800‌

NVIDIA

Corp

7,036,130‌

823,367‌

NXP

Semiconductors

NV

302,247‌

79,539‌

Onto

Innovation

Inc

(d)

757‌

145‌

QUALCOMM

Inc

72,439‌

13,108‌

Teradyne

Inc

9,682‌

1,270‌

Texas

Instruments

Inc

7,667‌

1,563‌

$

1,196,053‌

Software

-

24

.10

%

Adobe

Inc

(d)

379,689‌

209,456‌

Appfolio

Inc

(d)

1,571‌

348‌

AppLovin

Corp

(d)

18,171‌

1,401‌

Atlassian

Corp

(d)

658,138‌

116,208‌

Autodesk

Inc

(d)

504,613‌

124,902‌

Bentley

Systems

Inc

9,737‌

475‌

BILL

Holdings

Inc

(d)

1,022‌

51‌

Broadridge

Financial

Solutions

Inc

7,440‌

1,592‌

Cadence

Design

Systems

Inc

(d)

374,012‌

100,108‌

Cloudflare

Inc

(d)

20,766‌

1,609‌

Confluent

Inc

(d)

16,763‌

419‌

Datadog

Inc

(d)

20,702‌

2,411‌

Dayforce

Inc

(d)

546‌

32‌

DocuSign

Inc

(d)

14,085‌

781‌

DoubleVerify

Holdings

Inc

(d)

5,643‌

119‌

Doximity

Inc

(d)

417‌

12‌

Dropbox

Inc

-

A

Shares

(d)

5,236‌

125‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Software

(continued)

Duolingo

Inc

(d)

2,588‌

$

445‌

Dynatrace

Inc

(d)

541,979‌

23,804‌

Elastic

NV

(d)

5,688‌

624‌

Fair

Isaac

Corp

(d)

22,358‌

35,773‌

Fiserv

Inc

(d)

758,306‌

124,036‌

Five9

Inc

(d)

4,284‌

191‌

Gitlab

Inc

(d)

8,235‌

422‌

Guidewire

Software

Inc

(d)

2,626‌

394‌

HashiCorp

Inc

(d)

4,012‌

135‌

HubSpot

Inc

(d)

44,927‌

22,330‌

Intuit

Inc

469,099‌

303,670‌

Magic

Leap

Inc

(d),(e),(f)

10,706‌

—‌

Manhattan

Associates

Inc

(d)

4,284‌

1,094‌

Microsoft

Corp

2,258,815‌

944,975‌

MicroStrategy

Inc

(d)

68‌

110‌

MongoDB

Inc

(d)

28,163‌

7,107‌

MSCI

Inc

3,125‌

1,690‌

nCino

Inc

(d)

3,526‌

115‌

Nutanix

Inc

(d)

4,032‌

204‌

Oracle

Corp

108,598‌

15,144‌

Palantir

Technologies

Inc

(d)

139,042‌

3,739‌

Paychex

Inc

8,033‌

1,028‌

Paycom

Software

Inc

2,271‌

379‌

Paycor

HCM

Inc

(d)

1,264‌

16‌

Pegasystems

Inc

3,077‌

214‌

Procore

Technologies

Inc

(d)

7,327‌

520‌

PTC

Inc

(d)

5,014‌

892‌

RingCentral

Inc

(d)

4,781‌

168‌

ROBLOX

Corp

(d)

35,349‌

1,468‌

Salesforce

Inc

55,000‌

14,234‌

SentinelOne

Inc

(d)

1,342‌

31‌

ServiceNow

Inc

(d)

303,761‌

247,380‌

Smartsheet

Inc

(d)

9,200‌

441‌

Snowflake

Inc

-

Class

A

(d)

21,894‌

2,855‌

Stripe

Inc

-

Class

B

(d),(e),(f)

114,126‌

2,967‌

Synopsys

Inc

(d)

10,568‌

5,900‌

Teradata

Corp

(d)

6,700‌

217‌

Twilio

Inc

(d)

2,380‌

141‌

Tyler

Technologies

Inc

(d)

2,541‌

1,444‌

UiPath

Inc

(d)

23,230‌

283‌

Unity

Software

Inc

(d)

9,118‌

149‌

Veeva

Systems

Inc

(d)

358,151‌

68,740‌

Workday

Inc

(d)

365,113‌

82,924‌

$

2,478,442‌

Telecommunications

-

0

.23

%

Arista

Networks

Inc

(d)

17,851‌

6,186‌

Iridium

Communications

Inc

441‌

13‌

Motorola

Solutions

Inc

5,475‌

2,184‌

T-Mobile

US

Inc

83,892‌

15,292‌

Ubiquiti

Inc

152‌

28‌

$

23,703‌

Toys,

Games

&

Hobbies

-

0

.00

%

Hasbro

Inc

8,449‌

545‌

Transportation

-

0

.09

%

Expeditors

International

of

Washington

Inc

1,588‌

198‌

Old

Dominion

Freight

Line

Inc

13,621‌

2,863‌

Saia

Inc

(d)

1,121‌

468‌

Union

Pacific

Corp

20,247‌

4,996‌

XPO

Inc

(d)

7,948‌

913‌

$

9,438‌

TOTAL

COMMON

STOCKS

$

9,954,507‌

Total

Investments

$

10,277,939‌

Other

Assets

and

Liabilities

-  0.06%

6,050‌

TOTAL

NET

ASSETS

-

100.00%

$

10,283,989‌

Schedule

of

Investments

LargeCap

Growth

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

145

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$526

or

0.01%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Non-income

producing

security

(e)

The

value

of

these

investments

was

determined

using

significant

unobservable

inputs,

in

good

faith

by

the

Manager,

under

procedures

established

and

periodically

reviewed

by

the

Board

of

Directors.

(f)

Restricted

Security.

Please

see

Restricted

Securities

sub-schedule

for

additional

information.

(g)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$500

or

0.00%

of

net

assets.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

271,630‌

$

2,113,454‌

$

2,157,402‌

$

227,682‌

$

271,630‌

$

2,113,454‌

$

2,157,402‌

$

227,682‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

8,339‌

$

—‌

$

—‌

$

—‌

$

8,339‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Restricted

Securities

Security

Name

Acquisition

Date

Cost

Value

Percent

of

Net

Assets

Magic

Leap

Inc

01/20/2016-10/12/2017

$

5,204‌

$

—‌

0.00%

Nuro

-

Series

C  

0.00%

10/30/2020

4,612‌

1,445‌

0.01%

Rappi

Inc

-

Series

E  

0.00%

09/08/2020

6,177‌

2,349‌

0.02%

Sila

Nano

Series

F  

0.00%

01/07/2021

4,277‌

2,026‌

0.02%

Stripe

Inc

-

Class

B

12/17/2019

1,791‌

2,967‌

0.03%

Waymo

LLC

Series

A-2  

0.00%

05/08/2020

4,188‌

3,009‌

0.03%

Total

$

11,796‌

0.11%

Amounts

in

thousands.

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

S&P

500

Emini;

September

2024

Long

326‌

$

90,595‌

$

(

346‌

)

Total

$

(

346‌

)

Amounts

in

thousands

except

contracts.

Schedule

of

Investments

LargeCap

S&P

500

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

146

INVESTMENT

COMPANIES

-

3

.71

%

Shares

Held

Value

(000's)

Exchange-Traded

Funds

-

0

.31

%

iShares

Core

S&P

500

ETF

47,300‌

$

26,172‌

Money

Market

Funds

-

3

.40

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

13,137‌

13‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(c)

285,785,142‌

285,785‌

$

285,798‌

TOTAL

INVESTMENT

COMPANIES

$

311,970‌

COMMON

STOCKS

-

95

.99

%

Shares

Held

Value

(000's)

Advertising

-

0

.06

%

Interpublic

Group

of

Cos

Inc/The

65,672‌

$

2,112‌

Omnicom

Group

Inc

34,075‌

3,341‌

$

5,453‌

Aerospace

&

Defense

-

1

.77

%

Boeing

Co/The

(d)

100,407‌

19,138‌

General

Dynamics

Corp

39,560‌

11,817‌

General

Electric

Co

190,462‌

32,417‌

Howmet

Aerospace

Inc

67,473‌

6,457‌

L3Harris

Technologies

Inc

33,005‌

7,488‌

Lockheed

Martin

Corp

37,156‌

20,136‌

Northrop

Grumman

Corp

24,205‌

11,723‌

RTX

Corp

231,335‌

27,179‌

TransDigm

Group

Inc

9,736‌

12,600‌

$

148,955‌

Agriculture

-

0

.64

%

Altria

Group

Inc

298,868‌

14,647‌

Archer-Daniels-Midland

Co

86,033‌

5,335‌

Bunge

Global

SA

24,638‌

2,593‌

Philip

Morris

International

Inc

270,495‌

31,150‌

$

53,725‌

Airlines

-

0

.14

%

American

Airlines

Group

Inc

(d)

114,161‌

1,215‌

Delta

Air

Lines

Inc

112,285‌

4,830‌

Southwest

Airlines

Co

104,132‌

2,805‌

United

Airlines

Holdings

Inc

(d)

57,212‌

2,599‌

$

11,449‌

Apparel

-

0

.27

%

Deckers

Outdoor

Corp

(d)

4,466‌

4,121‌

NIKE

Inc

210,795‌

15,780‌

Ralph

Lauren

Corp

6,795‌

1,193‌

Tapestry

Inc

39,980‌

1,603‌

$

22,697‌

Automobile

Manufacturers

-

1

.71

%

Cummins

Inc

23,800‌

6,945‌

Ford

Motor

Co

682,343‌

7,383‌

General

Motors

Co

198,527‌

8,799‌

PACCAR

Inc

91,202‌

8,998‌

Tesla

Inc

(d)

482,783‌

112,039‌

$

144,164‌

Automobile

Parts

&

Equipment

-

0

.06

%

Aptiv

PLC

(d)

47,339‌

3,285‌

BorgWarner

Inc

39,644‌

1,400‌

$

4,685‌

Banks

-

4

.01

%

Bank

of

America

Corp

1,183,853‌

47,721‌

Bank

of

New

York

Mellon

Corp/The

130,121‌

8,467‌

Citigroup

Inc

331,896‌

21,533‌

Citizens

Financial

Group

Inc

79,174‌

3,378‌

Fifth

Third

Bancorp

119,025‌

5,040‌

Goldman

Sachs

Group

Inc/The

56,108‌

28,561‌

Huntington

Bancshares

Inc/OH

252,172‌

3,770‌

JPMorgan

Chase

&

Co

499,673‌

106,330‌

KeyCorp

164,060‌

2,646‌

M&T

Bank

Corp

29,032‌

4,998‌

Morgan

Stanley

217,741‌

22,473‌

Northern

Trust

Corp

35,599‌

3,156‌

PNC

Financial

Services

Group

Inc/The

69,236‌

12,539‌

Regions

Financial

Corp

159,354‌

3,565‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Banks

(continued)

State

Street

Corp

52,419‌

$

4,454‌

Truist

Financial

Corp

232,830‌

10,405‌

US

Bancorp

271,521‌

12,186‌

Wells

Fargo

&

Co

606,622‌

35,997‌

$

337,219‌

Beverages

-

1

.29

%

Brown-Forman

Corp

-

B

Shares

31,149‌

1,406‌

Coca-Cola

Co/The

674,630‌

45,025‌

Constellation

Brands

Inc

28,014‌

6,868‌

Keurig

Dr

Pepper

Inc

181,621‌

6,226‌

Molson

Coors

Beverage

Co

31,639‌

1,672‌

Monster

Beverage

Corp

(d)

123,417‌

6,350‌

PepsiCo

Inc

239,214‌

41,305‌

$

108,852‌

Biotechnology

-

1

.33

%

Amgen

Inc

93,339‌

31,032‌

Biogen

Inc

(d)

25,334‌

5,401‌

Bio-Rad

Laboratories

Inc

(d)

3,550‌

1,201‌

Corteva

Inc

121,274‌

6,804‌

Gilead

Sciences

Inc

216,779‌

16,488‌

Incyte

Corp

(d)

27,666‌

1,800‌

Moderna

Inc

(d)

58,015‌

6,917‌

Regeneron

Pharmaceuticals

Inc

(d)

18,455‌

19,917‌

Vertex

Pharmaceuticals

Inc

(d)

44,900‌

22,258‌

$

111,818‌

Building

Materials

-

0

.62

%

Builders

FirstSource

Inc

(d)

21,239‌

3,555‌

Carrier

Global

Corp

145,802‌

9,931‌

Johnson

Controls

International

plc

117,220‌

8,386‌

Martin

Marietta

Materials

Inc

10,725‌

6,364‌

Masco

Corp

38,323‌

2,983‌

Mohawk

Industries

Inc

(d)

9,223‌

1,485‌

Trane

Technologies

PLC

39,385‌

13,166‌

Vulcan

Materials

Co

23,012‌

6,317‌

$

52,187‌

Chemicals

-

1

.32

%

Air

Products

and

Chemicals

Inc

38,681‌

10,206‌

Albemarle

Corp

20,450‌

1,916‌

Celanese

Corp

17,484‌

2,468‌

CF

Industries

Holdings

Inc

31,804‌

2,429‌

Dow

Inc

122,359‌

6,665‌

DuPont

de

Nemours

Inc

72,750‌

6,089‌

Eastman

Chemical

Co

20,471‌

2,115‌

Ecolab

Inc

44,224‌

10,202‌

FMC

Corp

21,718‌

1,267‌

International

Flavors

&

Fragrances

Inc

44,431‌

4,420‌

Linde

PLC

83,644‌

37,933‌

LyondellBasell

Industries

NV

44,760‌

4,452‌

Mosaic

Co/The

55,922‌

1,665‌

PPG

Industries

Inc

40,953‌

5,200‌

Sherwin-Williams

Co/The

40,588‌

14,238‌

$

111,265‌

Commercial

Services

-

1

.45

%

Automatic

Data

Processing

Inc

71,217‌

18,703‌

Cintas

Corp

15,005‌

11,463‌

Corpay

Inc

(d)

12,227‌

3,568‌

Equifax

Inc

21,508‌

6,009‌

Global

Payments

Inc

44,413‌

4,514‌

MarketAxess

Holdings

Inc

6,595‌

1,474‌

Moody's

Corp

27,323‌

12,472‌

PayPal

Holdings

Inc

(d)

182,013‌

11,973‌

Quanta

Services

Inc

25,472‌

6,760‌

Rollins

Inc

48,869‌

2,341‌

S&P

Global

Inc

55,697‌

26,998‌

United

Rentals

Inc

11,586‌

8,772‌

Verisk

Analytics

Inc

24,826‌

6,498‌

$

121,545‌

Schedule

of

Investments

LargeCap

S&P

500

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

147

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Computers

-

8

.16

%

Accenture

PLC

-

Class

A

109,399‌

$

36,170‌

Apple

Inc

2,508,055‌

556,989‌

Cognizant

Technology

Solutions

Corp

86,513‌

6,547‌

Crowdstrike

Holdings

Inc

(d)

40,135‌

9,310‌

EPAM

Systems

Inc

(d)

10,087‌

2,170‌

Fortinet

Inc

(d)

110,329‌

6,403‌

Gartner

Inc

(d)

13,508‌

6,770‌

Hewlett

Packard

Enterprise

Co

226,201‌

4,504‌

HP

Inc

150,171‌

5,420‌

International

Business

Machines

Corp

159,838‌

30,711‌

Leidos

Holdings

Inc

23,527‌

3,397‌

NetApp

Inc

35,909‌

4,560‌

Seagate

Technology

Holdings

PLC

33,981‌

3,472‌

Super

Micro

Computer

Inc

(d)

8,762‌

6,148‌

Western

Digital

Corp

(d)

56,815‌

3,809‌

$

686,380‌

Consumer

Products

-

0

.21

%

Avery

Dennison

Corp

14,016‌

3,039‌

Church

&

Dwight

Co

Inc

42,548‌

4,170‌

Clorox

Co/The

21,609‌

2,851‌

Kimberly-Clark

Corp

58,588‌

7,912‌

$

17,972‌

Cosmetics

&

Personal

Care

-

1

.08

%

Colgate-Palmolive

Co

142,757‌

14,160‌

Estee

Lauder

Cos

Inc/The

40,546‌

4,039‌

Kenvue

Inc

333,182‌

6,160‌

Procter

&

Gamble

Co/The

410,666‌

66,019‌

$

90,378‌

Distribution

&

Wholesale

-

0

.32

%

Copart

Inc

(d)

152,238‌

7,967‌

Fastenal

Co

99,624‌

7,048‌

LKQ

Corp

46,420‌

1,926‌

Pool

Corp

6,669‌

2,494‌

WW

Grainger

Inc

7,609‌

7,433‌

$

26,868‌

Diversified

Financial

Services

-

3

.28

%

American

Express

Co

98,875‌

25,019‌

Ameriprise

Financial

Inc

17,282‌

7,433‌

BlackRock

Inc

24,304‌

21,302‌

Capital

One

Financial

Corp

66,486‌

10,066‌

Cboe

Global

Markets

Inc

18,297‌

3,358‌

Charles

Schwab

Corp/The

259,769‌

16,934‌

CME

Group

Inc

62,652‌

12,136‌

Discover

Financial

Services

43,605‌

6,279‌

Franklin

Resources

Inc

52,178‌

1,193‌

Intercontinental

Exchange

Inc

99,804‌

15,126‌

Invesco

Ltd

78,272‌

1,351‌

Mastercard

Inc

142,854‌

66,243‌

Nasdaq

Inc

66,209‌

4,481‌

Raymond

James

Financial

Inc

32,460‌

3,765‌

Synchrony

Financial

69,869‌

3,549‌

T

Rowe

Price

Group

Inc

38,855‌

4,438‌

Visa

Inc

273,904‌

72,768‌

$

275,441‌

Electric

-

2

.16

%

AES

Corp/The

123,658‌

2,200‌

Alliant

Energy

Corp

44,610‌

2,483‌

Ameren

Corp

46,401‌

3,678‌

American

Electric

Power

Co

Inc

91,719‌

9,000‌

CenterPoint

Energy

Inc

111,312‌

3,089‌

CMS

Energy

Corp

51,963‌

3,367‌

Consolidated

Edison

Inc

60,176‌

5,868‌

Constellation

Energy

Corp

54,851‌

10,411‌

Dominion

Energy

Inc

145,849‌

7,797‌

DTE

Energy

Co

36,007‌

4,340‌

Duke

Energy

Corp

134,288‌

14,674‌

Edison

International

66,947‌

5,356‌

Entergy

Corp

37,156‌

4,309‌

Evergy

Inc

40,008‌

2,321‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Electric

(continued)

Eversource

Energy

61,292‌

$

3,978‌

Exelon

Corp

174,006‌

6,473‌

FirstEnergy

Corp

90,126‌

3,777‌

NextEra

Energy

Inc

357,491‌

27,309‌

NRG

Energy

Inc

36,275‌

2,727‌

PG&E

Corp

371,847‌

6,786‌

Pinnacle

West

Capital

Corp

19,759‌

1,691‌

PPL

Corp

128,367‌

3,815‌

Public

Service

Enterprise

Group

Inc

86,666‌

6,913‌

Sempra

110,116‌

8,816‌

Southern

Co/The

190,257‌

15,890‌

Vistra

Corp

56,831‌

4,502‌

WEC

Energy

Group

Inc

54,954‌

4,729‌

Xcel

Energy

Inc

96,681‌

5,635‌

$

181,934‌

Electrical

Components

&

Equipment

-

0

.49

%

AMETEK

Inc

40,276‌

6,987‌

Eaton

Corp

PLC

69,565‌

21,203‌

Emerson

Electric

Co

99,546‌

11,658‌

Generac

Holdings

Inc

(d)

10,548‌

1,642‌

$

41,490‌

Electronics

-

0

.88

%

Allegion

plc

15,216‌

2,082‌

Amphenol

Corp

209,011‌

13,431‌

Fortive

Corp

61,253‌

4,401‌

Garmin

Ltd

26,738‌

4,579‌

Honeywell

International

Inc

113,307‌

23,200‌

Hubbell

Inc

9,340‌

3,695‌

Jabil

Inc

20,984‌

2,364‌

Keysight

Technologies

Inc

(d)

30,373‌

4,239‌

Mettler-Toledo

International

Inc

(d)

3,716‌

5,652‌

TE

Connectivity

Ltd

53,283‌

8,223‌

Trimble

Inc

(d)

42,492‌

2,318‌

$

74,184‌

Energy

-

Alternate

Sources

-

0

.08

%

Enphase

Energy

Inc

(d)

23,676‌

2,725‌

First

Solar

Inc

(d)

18,625‌

4,023‌

$

6,748‌

Engineering

&

Construction

-

0

.04

%

Jacobs

Solutions

Inc

21,787‌

3,189‌

Entertainment

-

0

.05

%

Caesars

Entertainment

Inc

(d)

37,656‌

1,504‌

Live

Nation

Entertainment

Inc

(d)

24,785‌

2,384‌

$

3,888‌

Environmental

Control

-

0

.31

%

Pentair

PLC

28,889‌

2,538‌

Republic

Services

Inc

35,619‌

6,922‌

Veralto

Corp

38,227‌

4,073‌

Waste

Management

Inc

63,508‌

12,871‌

$

26,404‌

Food

-

0

.76

%

Campbell

Soup

Co

34,235‌

1,604‌

Conagra

Brands

Inc

83,185‌

2,522‌

General

Mills

Inc

98,232‌

6,595‌

Hershey

Co/The

25,685‌

5,072‌

Hormel

Foods

Corp

50,508‌

1,622‌

J

M

Smucker

Co/The

18,475‌

2,179‌

Kellanova

45,806‌

2,664‌

Kraft

Heinz

Co/The

137,338‌

4,836‌

Kroger

Co/The

116,474‌

6,348‌

Lamb

Weston

Holdings

Inc

25,125‌

1,508‌

McCormick

&

Co

Inc/MD

43,803‌

3,373‌

Mondelez

International

Inc

233,398‌

15,953‌

Sysco

Corp

86,649‌

6,642‌

Tyson

Foods

Inc

49,767‌

3,031‌

$

63,949‌

Forest

Products

&

Paper

-

0

.03

%

International

Paper

Co

60,436‌

2,809‌

Schedule

of

Investments

LargeCap

S&P

500

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

148

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Gas

-

0

.07

%

Atmos

Energy

Corp

26,253‌

$

3,357‌

NiSource

Inc

78,005‌

2,438‌

$

5,795‌

Hand

&

Machine

Tools

-

0

.06

%

Snap-on

Inc

9,174‌

2,633‌

Stanley

Black

&

Decker

Inc

26,775‌

2,828‌

$

5,461‌

Healthcare

-

Products

-

3

.09

%

Abbott

Laboratories

302,697‌

32,068‌

Agilent

Technologies

Inc

50,992‌

7,210‌

Align

Technology

Inc

(d)

12,183‌

2,825‌

Baxter

International

Inc

88,667‌

3,176‌

Bio-Techne

Corp

27,420‌

2,237‌

Boston

Scientific

Corp

(d)

255,813‌

18,900‌

Cooper

Cos

Inc/The

(d)

34,585‌

3,228‌

Danaher

Corp

114,704‌

31,782‌

Edwards

Lifesciences

Corp

(d)

104,853‌

6,611‌

GE

HealthCare

Technologies

Inc

73,866‌

6,251‌

Hologic

Inc

(d)

40,608‌

3,314‌

IDEXX

Laboratories

Inc

(d)

14,370‌

6,842‌

Insulet

Corp

(d)

12,187‌

2,369‌

Intuitive

Surgical

Inc

(d)

61,718‌

27,440‌

Medtronic

PLC

231,043‌

18,557‌

ResMed

Inc

25,562‌

5,451‌

Revvity

Inc

21,471‌

2,697‌

Solventum

Corp

(d)

24,043‌

1,416‌

STERIS

PLC

17,195‌

4,106‌

Stryker

Corp

58,993‌

19,317‌

Teleflex

Inc

8,196‌

1,811‌

Thermo

Fisher

Scientific

Inc

66,417‌

40,736‌

Waters

Corp

(d)

10,321‌

3,471‌

West

Pharmaceutical

Services

Inc

12,674‌

3,880‌

Zimmer

Biomet

Holdings

Inc

35,797‌

3,986‌

$

259,681‌

Healthcare

-

Services

-

1

.97

%

Catalent

Inc

(d)

31,491‌

1,869‌

Centene

Corp

(d)

92,856‌

7,142‌

Charles

River

Laboratories

International

Inc

(d)

8,963‌

2,188‌

DaVita

Inc

(d)

9,004‌

1,230‌

Elevance

Health

Inc

40,440‌

21,515‌

HCA

Healthcare

Inc

33,725‌

12,244‌

Humana

Inc

20,967‌

7,582‌

IQVIA

Holdings

Inc

(d)

31,703‌

7,806‌

Labcorp

Holdings

Inc

14,668‌

3,160‌

Molina

Healthcare

Inc

(d)

10,196‌

3,480‌

Quest

Diagnostics

Inc

19,330‌

2,751‌

UnitedHealth

Group

Inc

160,147‌

92,270‌

Universal

Health

Services

Inc

10,385‌

2,220‌

$

165,457‌

Home

Builders

-

0

.31

%

DR

Horton

Inc

51,570‌

9,279‌

Lennar

Corp

-

A

Shares

42,607‌

7,539‌

NVR

Inc

(d)

545‌

4,691‌

PulteGroup

Inc

36,599‌

4,831‌

$

26,340‌

Insurance

-

3

.70

%

Aflac

Inc

89,973‌

8,582‌

Allstate

Corp/The

45,921‌

7,858‌

American

International

Group

Inc

115,479‌

9,149‌

Aon

PLC

37,834‌

12,429‌

Arch

Capital

Group

Ltd

(d)

65,071‌

6,233‌

Arthur

J

Gallagher

&

Co

38,019‌

10,778‌

Assurant

Inc

9,046‌

1,582‌

Berkshire

Hathaway

Inc

-

Class

B

(d)

315,004‌

138,129‌

Brown

&

Brown

Inc

41,196‌

4,096‌

Chubb

Ltd

70,655‌

19,477‌

Cincinnati

Financial

Corp

27,241‌

3,558‌

Everest

Group

Ltd

7,560‌

2,970‌

Globe

Life

Inc

14,611‌

1,355‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Insurance

(continued)

Hartford

Financial

Services

Group

Inc/The

51,462‌

$

5,708‌

Loews

Corp

31,590‌

2,526‌

Marsh

&

McLennan

Cos

Inc

85,734‌

19,082‌

MetLife

Inc

103,938‌

7,988‌

Principal

Financial

Group

Inc

37,520‌

3,058‌

Progressive

Corp/The

101,912‌

21,821‌

Prudential

Financial

Inc

62,466‌

7,828‌

Travelers

Cos

Inc/The

39,845‌

8,624‌

W

R

Berkley

Corp

52,716‌

2,906‌

Willis

Towers

Watson

PLC

17,790‌

5,022‌

$

310,759‌

Internet

-

11

.30

%

Airbnb

Inc

(d)

76,821‌

10,721‌

Alphabet

Inc

-

A

Shares

1,022,081‌

175,328‌

Alphabet

Inc

-

C

Shares

850,306‌

147,231‌

Amazon.com

Inc

(d)

1,593,471‌

297,947‌

Booking

Holdings

Inc

5,904‌

21,933‌

CDW

Corp/DE

23,385‌

5,101‌

eBay

Inc

88,044‌

4,896‌

Etsy

Inc

(d)

20,347‌

1,325‌

Expedia

Group

Inc

(d)

22,090‌

2,820‌

F5

Inc

(d)

10,199‌

2,077‌

Gen

Digital

Inc

95,876‌

2,492‌

GoDaddy

Inc

(d)

24,523‌

3,567‌

Match

Group

Inc

(d)

46,226‌

1,763‌

Meta

Platforms

Inc

381,312‌

181,058‌

Netflix

Inc

(d)

74,976‌

47,111‌

Palo

Alto

Networks

Inc

(d)

56,219‌

18,256‌

Uber

Technologies

Inc

(d)

363,578‌

23,440‌

VeriSign

Inc

(d)

15,078‌

2,820‌

$

949,886‌

Iron

&

Steel

-

0

.12

%

Nucor

Corp

41,719‌

6,797‌

Steel

Dynamics

Inc

25,700‌

3,424‌

$

10,221‌

Leisure

Products

&

Services

-

0

.13

%

Carnival

Corp

(d)

175,758‌

2,928‌

Norwegian

Cruise

Line

Holdings

Ltd

(d)

74,655‌

1,376‌

Royal

Caribbean

Cruises

Ltd

41,196‌

6,456‌

$

10,760‌

Lodging

-

0

.29

%

Hilton

Worldwide

Holdings

Inc

43,508‌

9,340‌

Las

Vegas

Sands

Corp

63,521‌

2,520‌

Marriott

International

Inc/MD

41,747‌

9,489‌

MGM

Resorts

International

(d)

43,664‌

1,876‌

Wynn

Resorts

Ltd

16,431‌

1,361‌

$

24,586‌

Machinery

-

Construction

&

Mining

-

0

.45

%

Caterpillar

Inc

85,095‌

29,460‌

GE

Vernova

Inc

(d)

47,691‌

8,500‌

$

37,960‌

Machinery

-

Diversified

-

0

.67

%

Deere

&

Co

45,043‌

16,755‌

Dover

Corp

23,913‌

4,406‌

IDEX

Corp

13,171‌

2,746‌

Ingersoll

Rand

Inc

70,197‌

7,048‌

Nordson

Corp

9,454‌

2,367‌

Otis

Worldwide

Corp

70,352‌

6,648‌

Rockwell

Automation

Inc

19,837‌

5,527‌

Westinghouse

Air

Brake

Technologies

Corp

30,691‌

4,946‌

Xylem

Inc/NY

42,186‌

5,632‌

$

56,075‌

Media

-

0

.91

%

Charter

Communications

Inc

(d)

17,042‌

6,471‌

Comcast

Corp

-

Class

A

681,071‌

28,108‌

FactSet

Research

Systems

Inc

6,632‌

2,740‌

Fox

Corp

-

A

Shares

40,220‌

1,530‌

Fox

Corp

-

B

Shares

22,956‌

813‌

Schedule

of

Investments

LargeCap

S&P

500

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

149

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Media

(continued)

News

Corp

-

A

Shares

65,982‌

$

1,820‌

News

Corp

-

B

Shares

(e)

19,908‌

567‌

Paramount

Global

-

Class

B

86,020‌

982‌

Walt

Disney

Co/The

317,211‌

29,720‌

Warner

Bros

Discovery

Inc

(d)

387,985‌

3,356‌

$

76,107‌

Mining

-

0

.25

%

Freeport-McMoRan

Inc

249,951‌

11,350‌

Newmont

Corp

200,648‌

9,846‌

$

21,196‌

Miscellaneous

Manufacturers

-

0

.58

%

3M

Co

96,286‌

12,281‌

A

O

Smith

Corp

21,017‌

1,787‌

Axon

Enterprise

Inc

(d)

12,343‌

3,703‌

Illinois

Tool

Works

Inc

47,249‌

11,684‌

Parker-Hannifin

Corp

22,365‌

12,550‌

Teledyne

Technologies

Inc

(d)

8,250‌

3,481‌

Textron

Inc

33,182‌

3,083‌

$

48,569‌

Office

&

Business

Equipment

-

0

.04

%

Zebra

Technologies

Corp

(d)

8,945‌

3,141‌

Oil

&

Gas

-

2

.90

%

APA

Corp

62,650‌

1,954‌

Chevron

Corp

298,231‌

47,857‌

ConocoPhillips

203,500‌

22,629‌

Coterra

Energy

Inc

129,497‌

3,341‌

Devon

Energy

Corp

109,968‌

5,172‌

Diamondback

Energy

Inc

31,032‌

6,278‌

EOG

Resources

Inc

100,000‌

12,680‌

EQT

Corp

103,265‌

3,564‌

Exxon

Mobil

Corp

780,556‌

92,566‌

Hess

Corp

48,091‌

7,378‌

Marathon

Oil

Corp

98,142‌

2,753‌

Marathon

Petroleum

Corp

61,306‌

10,853‌

Occidental

Petroleum

Corp

115,707‌

7,037‌

Phillips

66

73,768‌

10,732‌

Valero

Energy

Corp

56,897‌

9,201‌

$

243,995‌

Oil

&

Gas

Services

-

0

.29

%

Baker

Hughes

Co

173,653‌

6,724‌

Halliburton

Co

154,043‌

5,342‌

Schlumberger

NV

248,706‌

12,010‌

$

24,076‌

Packaging

&

Containers

-

0

.16

%

Amcor

PLC

251,493‌

2,648‌

Ball

Corp

54,006‌

3,447‌

Packaging

Corp

of

America

15,511‌

3,100‌

Smurfit

WestRock

PLC

90,349‌

4,052‌

$

13,247‌

Pharmaceuticals

-

5

.02

%

AbbVie

Inc

307,263‌

56,942‌

Becton

Dickinson

&

Co

50,287‌

12,122‌

Bristol-Myers

Squibb

Co

352,717‌

16,775‌

Cardinal

Health

Inc

42,380‌

4,273‌

Cencora

Inc

28,805‌

6,852‌

Cigna

Group/The

49,428‌

17,234‌

CVS

Health

Corp

218,436‌

13,178‌

Dexcom

Inc

(d)

69,198‌

4,693‌

Eli

Lilly

&

Co

138,911‌

111,722‌

Henry

Schein

Inc

(d)

22,281‌

1,603‌

Johnson

&

Johnson

418,764‌

66,102‌

McKesson

Corp

22,617‌

13,955‌

Merck

&

Co

Inc

440,711‌

49,858‌

Pfizer

Inc

985,993‌

30,112‌

Viatris

Inc

207,180‌

2,499‌

Zoetis

Inc

79,395‌

14,295‌

$

422,215‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Pipelines

-

0

.36

%

Kinder

Morgan

Inc

335,974‌

$

7,099‌

ONEOK

Inc

101,555‌

8,463‌

Targa

Resources

Corp

38,579‌

5,219‌

Williams

Cos

Inc/The

212,064‌

9,106‌

$

29,887‌

Private

Equity

-

0

.38

%

Blackstone

Inc

124,349‌

17,676‌

KKR

&

Co

Inc

115,807‌

14,297‌

$

31,973‌

Real

Estate

-

0

.14

%

CBRE

Group

Inc

(d)

52,480‌

5,915‌

CoStar

Group

Inc

(d)

71,052‌

5,544‌

$

11,459‌

REITs

-

2

.05

%

Alexandria

Real

Estate

Equities

Inc

27,387‌

3,212‌

American

Tower

Corp

81,254‌

17,908‌

AvalonBay

Communities

Inc

24,707‌

5,063‌

BXP

Inc

25,142‌

1,793‌

Camden

Property

Trust

18,537‌

2,053‌

Crown

Castle

Inc

75,607‌

8,323‌

Digital

Realty

Trust

Inc

56,464‌

8,441‌

Equinix

Inc

16,512‌

13,049‌

Equity

Residential

60,007‌

4,178‌

Essex

Property

Trust

Inc

11,173‌

3,110‌

Extra

Space

Storage

Inc

36,840‌

5,880‌

Federal

Realty

Investment

Trust

12,991‌

1,451‌

Healthpeak

Properties

Inc

122,459‌

2,672‌

Host

Hotels

&

Resorts

Inc

122,680‌

2,148‌

Invitation

Homes

Inc

100,187‌

3,534‌

Iron

Mountain

Inc

51,005‌

5,231‌

Kimco

Realty

Corp

116,123‌

2,523‌

Mid-America

Apartment

Communities

Inc

20,328‌

2,841‌

Prologis

Inc

161,098‌

20,307‌

Public

Storage

27,519‌

8,144‌

Realty

Income

Corp

151,516‌

8,702‌

Regency

Centers

Corp

28,615‌

1,927‌

SBA

Communications

Corp

18,695‌

4,104‌

Simon

Property

Group

Inc

56,713‌

8,702‌

UDR

Inc

52,716‌

2,112‌

Ventas

Inc

70,431‌

3,834‌

VICI

Properties

Inc

181,514‌

5,674‌

Welltower

Inc

104,038‌

11,574‌

Weyerhaeuser

Co

126,849‌

4,029‌

$

172,519‌

Retail

-

4

.44

%

AutoZone

Inc

(d)

3,010‌

9,432‌

Bath

&

Body

Works

Inc

38,918‌

1,430‌

Best

Buy

Co

Inc

33,504‌

2,899‌

CarMax

Inc

(d)

27,386‌

2,312‌

Chipotle

Mexican

Grill

Inc

(d)

238,965‌

12,981‌

Costco

Wholesale

Corp

77,169‌

63,433‌

Darden

Restaurants

Inc

20,769‌

3,038‌

Dollar

General

Corp

38,223‌

4,602‌

Dollar

Tree

Inc

(d)

36,058‌

3,762‌

Domino's

Pizza

Inc

6,069‌

2,602‌

Genuine

Parts

Co

24,238‌

3,566‌

Home

Depot

Inc/The

172,439‌

63,485‌

Lowe's

Cos

Inc

99,562‌

24,443‌

Lululemon

Athletica

Inc

(d)

19,938‌

5,157‌

McDonald's

Corp

125,400‌

33,281‌

O'Reilly

Automotive

Inc

(d)

10,247‌

11,542‌

Ross

Stores

Inc

58,344‌

8,357‌

Starbucks

Corp

197,091‌

15,363‌

Target

Corp

80,499‌

12,108‌

TJX

Cos

Inc/The

197,056‌

22,271‌

Tractor

Supply

Co

18,760‌

4,940‌

Ulta

Beauty

Inc

(d)

8,341‌

3,044‌

Walgreens

Boots

Alliance

Inc

124,595‌

1,479‌

Walmart

Inc

743,278‌

51,019‌

Schedule

of

Investments

LargeCap

S&P

500

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

150

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Retail

(continued)

Yum!

Brands

Inc

49,004‌

$

6,509‌

$

373,055‌

Semiconductors

-

10

.80

%

Advanced

Micro

Devices

Inc

(d)

281,240‌

40,633‌

Analog

Devices

Inc

86,288‌

19,965‌

Applied

Materials

Inc

144,577‌

30,679‌

Broadcom

Inc

757,976‌

121,792‌

Intel

Corp

740,722‌

22,770‌

KLA

Corp

23,426‌

19,281‌

Lam

Research

Corp

22,748‌

20,956‌

Microchip

Technology

Inc

94,028‌

8,348‌

Micron

Technology

Inc

192,683‌

21,160‌

Monolithic

Power

Systems

Inc

8,468‌

7,309‌

NVIDIA

Corp

4,280,133‌

500,861‌

NXP

Semiconductors

NV

44,489‌

11,708‌

ON

Semiconductor

Corp

(d)

74,861‌

5,858‌

Qorvo

Inc

(d)

16,801‌

2,013‌

QUALCOMM

Inc

194,533‌

35,201‌

Skyworks

Solutions

Inc

27,918‌

3,172‌

Teradyne

Inc

27,163‌

3,563‌

Texas

Instruments

Inc

158,424‌

32,288‌

$

907,557‌

Shipbuilding

-

0

.02

%

Huntington

Ingalls

Industries

Inc

6,862‌

1,921‌

Software

-

10

.17

%

Adobe

Inc

(d)

77,951‌

43,002‌

Akamai

Technologies

Inc

(d)

26,503‌

2,605‌

ANSYS

Inc

(d)

15,190‌

4,764‌

Autodesk

Inc

(d)

37,222‌

9,213‌

Broadridge

Financial

Solutions

Inc

20,563‌

4,400‌

Cadence

Design

Systems

Inc

(d)

47,352‌

12,674‌

Dayforce

Inc

(d)

27,475‌

1,629‌

Electronic

Arts

Inc

42,332‌

6,390‌

Fair

Isaac

Corp

(d)

4,299‌

6,878‌

Fidelity

National

Information

Services

Inc

96,788‌

7,436‌

Fiserv

Inc

(d)

101,809‌

16,653‌

Intuit

Inc

48,715‌

31,536‌

Jack

Henry

&

Associates

Inc

12,684‌

2,175‌

Microsoft

Corp

1,293,227‌

541,022‌

MSCI

Inc

13,784‌

7,454‌

Oracle

Corp

277,381‌

38,681‌

Paychex

Inc

55,744‌

7,136‌

Paycom

Software

Inc

8,365‌

1,395‌

PTC

Inc

(d)

20,836‌

3,706‌

Roper

Technologies

Inc

18,624‌

10,145‌

Salesforce

Inc

168,998‌

43,737‌

ServiceNow

Inc

(d)

35,669‌

29,048‌

Synopsys

Inc

(d)

26,542‌

14,819‌

Take-Two

Interactive

Software

Inc

(d)

27,630‌

4,159‌

Tyler

Technologies

Inc

(d)

7,386‌

4,196‌

$

854,853‌

Telecommunications

-

1

.65

%

Arista

Networks

Inc

(d)

44,164‌

15,305‌

AT&T

Inc

1,247,616‌

24,017‌

Cisco

Systems

Inc

704,563‌

34,136‌

Corning

Inc

134,148‌

5,367‌

Juniper

Networks

Inc

56,548‌

2,131‌

Motorola

Solutions

Inc

29,020‌

11,577‌

T-Mobile

US

Inc

89,717‌

16,354‌

Verizon

Communications

Inc

732,414‌

29,677‌

$

138,564‌

Toys,

Games

&

Hobbies

-

0

.02

%

Hasbro

Inc

22,770‌

1,468‌

Transportation

-

1

.07

%

CH

Robinson

Worldwide

Inc

20,374‌

1,814‌

CSX

Corp

340,159‌

11,940‌

Expeditors

International

of

Washington

Inc

24,578‌

3,068‌

FedEx

Corp

39,393‌

11,907‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Transportation

(continued)

JB

Hunt

Transport

Services

Inc

14,186‌

$

2,456‌

Norfolk

Southern

Corp

39,309‌

9,810‌

Old

Dominion

Freight

Line

Inc

31,003‌

6,516‌

Union

Pacific

Corp

106,162‌

26,193‌

United

Parcel

Service

Inc

126,916‌

16,546‌

$

90,250‌

Water

-

0

.06

%

American

Water

Works

Co

Inc

33,899‌

4,826‌

TOTAL

COMMON

STOCKS

$

8,069,507‌

Total

Investments

$

8,381,477‌

Other

Assets

and

Liabilities

-  0.30%

25,285‌

TOTAL

NET

ASSETS

-

100.00%

$

8,406,762‌

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$13

or

0.00%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Non-income

producing

security

(e)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$13

or

0.00%

of

net

assets.

Schedule

of

Investments

LargeCap

S&P

500

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

151

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

140,635‌

$

780,675‌

$

635,525‌

$

285,785‌

$

140,635‌

$

780,675‌

$

635,525‌

$

285,785‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

5,353‌

$

—‌

$

—‌

$

—‌

$

5,353‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

S&P

500

Emini;

September

2024

Long

1,072‌

$

297,909‌

$

(

1,103‌

)

Total

$

(

1,103‌

)

Amounts

in

thousands

except

contracts.

Schedule

of

Investments

LargeCap

Value

Fund

III

July

31,

2024

(unaudited)

See

accompanying

notes.

152

INVESTMENT

COMPANIES

-

3

.85

%

Shares

Held

Value

(000's)

Exchange-Traded

Funds

-

0

.39

%

iShares

Russell

1000

Value

ETF

79,520‌

$

14,583‌

Money

Market

Funds

-

3

.46

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

2,170,239‌

2,170‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b),(c)

126,991,122‌

126,991‌

$

129,161‌

TOTAL

INVESTMENT

COMPANIES

$

143,744‌

COMMON

STOCKS

-

97

.02

%

Shares

Held

Value

(000's)

Advertising

-

0

.03

%

Interpublic

Group

of

Cos

Inc/The

11,626‌

$

374‌

Omnicom

Group

Inc

5,991‌

587‌

$

961‌

Aerospace

&

Defense

-

1

.38

%

Boeing

Co/The

(d)

14,951‌

2,850‌

Curtiss-Wright

Corp

1,152‌

339‌

General

Dynamics

Corp

101,001‌

30,170‌

General

Electric

Co

26,293‌

4,475‌

Hexcel

Corp

2,481‌

164‌

Howmet

Aerospace

Inc

11,744‌

1,124‌

L3Harris

Technologies

Inc

5,825‌

1,322‌

Loar

Holdings

Inc

(d)

123‌

8‌

Lockheed

Martin

Corp

4,467‌

2,421‌

Northrop

Grumman

Corp

4,295‌

2,080‌

RTX

Corp

40,913‌

4,807‌

Spirit

AeroSystems

Holdings

Inc

(d)

3,118‌

113‌

TransDigm

Group

Inc

1,336‌

1,729‌

$

51,602‌

Agriculture

-

1

.52

%

Altria

Group

Inc

52,963‌

2,596‌

Archer-Daniels-Midland

Co

15,211‌

943‌

Bunge

Global

SA

4,365‌

459‌

Darling

Ingredients

Inc

(d)

4,739‌

188‌

Philip

Morris

International

Inc

457,831‌

52,724‌

$

56,910‌

Airlines

-

0

.06

%

Alaska

Air

Group

Inc

(d)

3,858‌

145‌

American

Airlines

Group

Inc

(d)

18,125‌

193‌

Delta

Air

Lines

Inc

19,862‌

854‌

Southwest

Airlines

Co

18,423‌

496‌

United

Airlines

Holdings

Inc

(d)

10,108‌

459‌

$

2,147‌

Apparel

-

0

.07

%

Birkenstock

Holding

Plc

(d)

1,170‌

69‌

Capri

Holdings

Ltd

(d)

3,285‌

110‌

Carter's

Inc

1,045‌

63‌

Columbia

Sportswear

Co

(e)

1,023‌

84‌

Crocs

Inc

(d)

1,467‌

197‌

NIKE

Inc

14,181‌

1,062‌

PVH

Corp

1,722‌

176‌

Ralph

Lauren

Corp

1,162‌

204‌

Skechers

USA

Inc

(d)

3,693‌

240‌

Tapestry

Inc

7,000‌

281‌

Under

Armour

Inc

-

Class

A

(d)

5,478‌

38‌

Under

Armour

Inc

-

Class

C

(d)

5,875‌

40‌

VF

Corp

10,757‌

182‌

$

2,746‌

Automobile

Manufacturers

-

0

.16

%

Cummins

Inc

4,202‌

1,226‌

Ford

Motor

Co

120,941‌

1,309‌

General

Motors

Co

34,953‌

1,549‌

Lucid

Group

Inc

(d),(e)

27,317‌

96‌

PACCAR

Inc

15,867‌

1,566‌

Rivian

Automotive

Inc

(d)

25,368‌

416‌

$

6,162‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Automobile

Parts

&

Equipment

-

0

.87

%

Allison

Transmission

Holdings

Inc

2,627‌

$

233‌

Aptiv

PLC

(d)

457,491‌

31,745‌

BorgWarner

Inc

6,870‌

243‌

Gentex

Corp

6,909‌

215‌

Lear

Corp

1,698‌

207‌

QuantumScape

Corp

(d)

9,829‌

63‌

$

32,706‌

Banks

-

7

.92

%

Bank

of

America

Corp

1,137,550‌

45,855‌

Bank

of

New

York

Mellon

Corp/The

23,087‌

1,502‌

Bank

of

Nova

Scotia/The

(e)

489,140‌

22,828‌

Bank

OZK

3,266‌

153‌

BOK

Financial

Corp

624‌

64‌

Citigroup

Inc

59,059‌

3,832‌

Citizens

Financial

Group

Inc

14,097‌

602‌

Columbia

Banking

System

Inc

6,410‌

168‌

Comerica

Inc

3,966‌

217‌

Commerce

Bancshares

Inc/MO

3,566‌

231‌

Cullen/Frost

Bankers

Inc

1,767‌

207‌

East

West

Bancorp

Inc

4,276‌

376‌

Fifth

Third

Bancorp

21,053‌

891‌

First

Citizens

BancShares

Inc/NC

370‌

773‌

First

Hawaiian

Inc

3,696‌

93‌

First

Horizon

Corp

16,839‌

282‌

FNB

Corp/PA

10,936‌

168‌

Goldman

Sachs

Group

Inc/The

73,109‌

37,215‌

Huntington

Bancshares

Inc/OH

44,490‌

665‌

JPMorgan

Chase

&

Co

310,579‌

66,091‌

KeyCorp

28,531‌

460‌

M&T

Bank

Corp

111,677‌

19,228‌

Morgan

Stanley

33,673‌

3,475‌

Northern

Trust

Corp

6,257‌

555‌

Pinnacle

Financial

Partners

Inc

2,274‌

219‌

PNC

Financial

Services

Group

Inc/The

12,257‌

2,220‌

Popular

Inc

1,922‌

197‌

Prosperity

Bancshares

Inc

2,690‌

195‌

Regions

Financial

Corp

28,314‌

633‌

State

Street

Corp

9,310‌

791‌

Synovus

Financial

Corp

4,364‌

204‌

Truist

Financial

Corp

41,130‌

1,838‌

US

Bancorp

389,896‌

17,498‌

Webster

Financial

Corp

5,102‌

253‌

Wells

Fargo

&

Co

1,099,951‌

65,271‌

Western

Alliance

Bancorp

3,335‌

268‌

Wintrust

Financial

Corp

1,841‌

199‌

Zions

Bancorp

NA

4,324‌

223‌

$

295,940‌

Beverages

-

1

.62

%

Boston

Beer

Co

Inc/The

(d)

198‌

56‌

Brown-Forman

Corp

-

A

Shares

1,335‌

61‌

Brown-Forman

Corp

-

B

Shares

5,149‌

233‌

Coca-Cola

Co/The

51,086‌

3,409‌

Coca-Cola

Consolidated

Inc

188‌

215‌

Constellation

Brands

Inc

4,931‌

1,209‌

Keurig

Dr

Pepper

Inc

747,846‌

25,636‌

Molson

Coors

Beverage

Co

5,420‌

286‌

Monster

Beverage

Corp

(d)

4,525‌

233‌

PepsiCo

Inc

169,658‌

29,295‌

$

60,633‌

Biotechnology

-

0

.41

%

Alnylam

Pharmaceuticals

Inc

(d)

435‌

103‌

Amgen

Inc

3,647‌

1,213‌

Biogen

Inc

(d)

4,513‌

962‌

BioMarin

Pharmaceutical

Inc

(d)

5,841‌

493‌

Bio-Rad

Laboratories

Inc

(d)

589‌

199‌

Certara

Inc

(d)

3,299‌

51‌

Corteva

Inc

21,567‌

1,210‌

Exelixis

Inc

(d)

1,305‌

31‌

Gilead

Sciences

Inc

38,469‌

2,926‌

Schedule

of

Investments

LargeCap

Value

Fund

III

July

31,

2024

(unaudited)

See

accompanying

notes.

153

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Biotechnology

(continued)

GRAIL

Inc

(d)

529‌

$

8‌

Illumina

Inc

(d)

4,932‌

605‌

Incyte

Corp

(d)

5,400‌

351‌

Ionis

Pharmaceuticals

Inc

(d)

280‌

14‌

Moderna

Inc

(d)

9,980‌

1,190‌

Regeneron

Pharmaceuticals

Inc

(d)

2,945‌

3,178‌

Roivant

Sciences

Ltd

(d)

10,777‌

117‌

Royalty

Pharma

PLC

12,077‌

340‌

United

Therapeutics

Corp

(d)

1,343‌

421‌

Vertex

Pharmaceuticals

Inc

(d)

3,978‌

1,972‌

$

15,384‌

Building

Materials

-

2

.93

%

Armstrong

World

Industries

Inc

886‌

116‌

AZEK

Co

Inc/The

(d)

1,175‌

53‌

Boise

Cascade

Co

197,610‌

28,078‌

Builders

FirstSource

Inc

(d)

3,388‌

567‌

Carrier

Global

Corp

25,863‌

1,762‌

CRH

PLC

460,527‌

39,467‌

Eagle

Materials

Inc

228‌

62‌

Fortune

Brands

Innovations

Inc

3,870‌

313‌

Hayward

Holdings

Inc

(d)

3,858‌

57‌

Johnson

Controls

International

plc

475,729‌

34,034‌

Louisiana-Pacific

Corp

535‌

53‌

Martin

Marietta

Materials

Inc

1,780‌

1,056‌

Masco

Corp

6,804‌

530‌

MDU

Resources

Group

Inc

6,244‌

168‌

Mohawk

Industries

Inc

(d)

1,597‌

257‌

Owens

Corning

2,685‌

501‌

Simpson

Manufacturing

Co

Inc

1,157‌

222‌

Trane

Technologies

PLC

4,590‌

1,534‌

Vulcan

Materials

Co

3,020‌

829‌

$

109,659‌

Chemicals

-

2

.96

%

Air

Products

and

Chemicals

Inc

196,636‌

51,883‌

Albemarle

Corp

3,643‌

341‌

Ashland

Inc

1,535‌

149‌

Axalta

Coating

Systems

Ltd

(d)

845,573‌

30,145‌

Celanese

Corp

2,586‌

365‌

CF

Industries

Holdings

Inc

5,795‌

443‌

Chemours

Co/The

4,244‌

103‌

Dow

Inc

21,699‌

1,182‌

DuPont

de

Nemours

Inc

171,631‌

14,365‌

Eastman

Chemical

Co

3,632‌

375‌

Ecolab

Inc

997‌

230‌

Element

Solutions

Inc

6,685‌

180‌

FMC

Corp

3,723‌

217‌

Huntsman

Corp

5,023‌

120‌

International

Flavors

&

Fragrances

Inc

7,903‌

786‌

Linde

PLC

14,784‌

6,705‌

LyondellBasell

Industries

NV

8,046‌

800‌

Mosaic

Co/The

9,878‌

294‌

NewMarket

Corp

193‌

108‌

Olin

Corp

3,574‌

163‌

PPG

Industries

Inc

7,223‌

917‌

RPM

International

Inc

3,060‌

372‌

Sherwin-Williams

Co/The

636‌

223‌

Westlake

Corp

1,030‌

152‌

$

110,618‌

Commercial

Services

-

1

.14

%

ADT

Inc

8,921‌

69‌

Affirm

Holdings

Inc

(d)

6,804‌

193‌

API

Group

Corp

(d)

7,027‌

266‌

Aramark

791,305‌

27,118‌

Automatic

Data

Processing

Inc

896‌

235‌

Avis

Budget

Group

Inc

287‌

29‌

Block

Inc

(d)

9,916‌

614‌

Bright

Horizons

Family

Solutions

Inc

(d)

1,475‌

177‌

Cintas

Corp

138‌

105‌

Clarivate

PLC

(d)

12,554‌

85‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Commercial

Services

(continued)

Dun

&

Bradstreet

Holdings

Inc

9,299‌

$

101‌

Equifax

Inc

3,048‌

852‌

Euronet

Worldwide

Inc

(d)

1,328‌

135‌

FTI

Consulting

Inc

(d)

1,060‌

231‌

Global

Payments

Inc

7,867‌

800‌

Grand

Canyon

Education

Inc

(d)

609‌

95‌

GXO

Logistics

Inc

(d)

3,514‌

197‌

H&R

Block

Inc

3,342‌

194‌

ManpowerGroup

Inc

1,469‌

113‌

MarketAxess

Holdings

Inc

1,113‌

249‌

PayPal

Holdings

Inc

(d)

32,249‌

2,121‌

Quanta

Services

Inc

3,100‌

823‌

R1

RCM

Inc

(d)

4,442‌

57‌

RB

Global

Inc

5,666‌

451‌

Robert

Half

Inc

3,061‌

197‌

S&P

Global

Inc

9,629‌

4,667‌

Service

Corp

International/US

4,418‌

353‌

TransUnion

5,664‌

511‌

U-Haul

Holding

Co

(d)

138‌

9‌

U-Haul

Holding

Co

1,748‌

111‌

United

Rentals

Inc

1,549‌

1,173‌

Vestis

Corp

4,084‌

53‌

WEX

Inc

(d)

1,141‌

209‌

WillScot

Holdings

Corp

(d)

4,008‌

164‌

$

42,757‌

Computers

-

3

.98

%

Accenture

PLC

-

Class

A

100,681‌

33,287‌

Amdocs

Ltd

3,556‌

311‌

Apple

Inc

182,671‌

40,568‌

CACI

International

Inc

(d)

61,793‌

28,516‌

Cognizant

Technology

Solutions

Corp

278,458‌

21,074‌

Crane

NXT

Co

1,398‌

88‌

Dell

Technologies

Inc

6,450‌

733‌

DXC

Technology

Co

(d)

5,578‌

113‌

EPAM

Systems

Inc

(d)

1,631‌

351‌

Fortinet

Inc

(d)

3,475‌

202‌

Genpact

Ltd

5,249‌

182‌

Globant

SA

(d)

286‌

56‌

Hewlett

Packard

Enterprise

Co

39,980‌

796‌

HP

Inc

404,200‌

14,588‌

International

Business

Machines

Corp

28,227‌

5,424‌

KBR

Inc

3,638‌

242‌

Kyndryl

Holdings

Inc

(d)

6,791‌

182‌

Leidos

Holdings

Inc

4,181‌

604‌

Lumentum

Holdings

Inc

(d)

1,942‌

101‌

NetApp

Inc

3,531‌

448‌

Parsons

Corp

(d)

1,406‌

128‌

Pure

Storage

Inc

(d)

1,019‌

61‌

Science

Applications

International

Corp

1,538‌

191‌

Western

Digital

Corp

(d)

10,075‌

675‌

$

148,921‌

Consumer

Products

-

0

.38

%

Avery

Dennison

Corp

1,566‌

340‌

Church

&

Dwight

Co

Inc

131,020‌

12,841‌

Kimberly-Clark

Corp

6,127‌

827‌

Reynolds

Consumer

Products

Inc

1,579‌

44‌

Spectrum

Brands

Holdings

Inc

906‌

77‌

$

14,129‌

Cosmetics

&

Personal

Care

-

0

.32

%

Colgate-Palmolive

Co

11,293‌

1,120‌

Coty

Inc

(d)

12,097‌

120‌

Estee

Lauder

Cos

Inc/The

4,565‌

455‌

Kenvue

Inc

58,989‌

1,091‌

Perrigo

Co

PLC

4,166‌

118‌

Procter

&

Gamble

Co/The

56,414‌

9,069‌

$

11,973‌

Schedule

of

Investments

LargeCap

Value

Fund

III

July

31,

2024

(unaudited)

See

accompanying

notes.

154

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Distribution

&

Wholesale

-

0

.05

%

Copart

Inc

(d)

1,824‌

$

95‌

Core

&

Main

Inc

(d)

1,749‌

94‌

Fastenal

Co

2,695‌

191‌

LKQ

Corp

8,222‌

341‌

SiteOne

Landscape

Supply

Inc

(d)

824‌

121‌

Watsco

Inc

1,063‌

520‌

WESCO

International

Inc

1,315‌

230‌

WW

Grainger

Inc

175‌

171‌

$

1,763‌

Diversified

Financial

Services

-

2

.17

%

Affiliated

Managers

Group

Inc

982‌

182‌

Air

Lease

Corp

3,205‌

159‌

Ally

Financial

Inc

7,330‌

330‌

American

Express

Co

119,721‌

30,295‌

Ameriprise

Financial

Inc

272‌

117‌

Apollo

Global

Management

Inc

4,077‌

511‌

BlackRock

Inc

4,542‌

3,981‌

Capital

One

Financial

Corp

11,688‌

1,770‌

Cboe

Global

Markets

Inc

3,278‌

602‌

Charles

Schwab

Corp/The

41,362‌

2,696‌

CME

Group

Inc

11,060‌

2,142‌

Coinbase

Global

Inc

(d)

956‌

214‌

Credit

Acceptance

Corp

(d)

37‌

21‌

Discover

Financial

Services

7,728‌

1,113‌

Evercore

Inc

-

Class

A

1,134‌

284‌

Franklin

Resources

Inc

8,510‌

195‌

Houlihan

Lokey

Inc

1,407‌

211‌

Interactive

Brokers

Group

Inc

-

A

Shares

3,228‌

385‌

Intercontinental

Exchange

Inc

17,529‌

2,657‌

Invesco

Ltd

10,909‌

188‌

Janus

Henderson

Group

PLC

3,973‌

148‌

Jefferies

Financial

Group

Inc

3,869‌

226‌

Lazard

Inc

193‌

9‌

Nasdaq

Inc

12,662‌

857‌

OneMain

Holdings

Inc

3,379‌

177‌

Raymond

James

Financial

Inc

5,852‌

679‌

Rocket

Cos

Inc

(d)

3,796‌

61‌

SEI

Investments

Co

3,027‌

205‌

SLM

Corp

6,707‌

152‌

SoFi

Technologies

Inc

(d)

25,914‌

195‌

Stifel

Financial

Corp

3,087‌

274‌

Synchrony

Financial

12,375‌

629‌

T

Rowe

Price

Group

Inc

6,783‌

775‌

TPG

Inc

1,942‌

99‌

Tradeweb

Markets

Inc

2,107‌

235‌

UWM

Holdings

Corp

1,732‌

15‌

Virtu

Financial

Inc

2,559‌

70‌

Visa

Inc

103,884‌

27,599‌

Voya

Financial

Inc

3,035‌

221‌

Western

Union

Co/The

8,565‌

102‌

XP

Inc

10,947‌

187‌

$

80,968‌

Electric

-

5

.13

%

AES

Corp/The

21,861‌

389‌

Alliant

Energy

Corp

7,918‌

441‌

Ameren

Corp

8,222‌

652‌

American

Electric

Power

Co

Inc

16,270‌

1,596‌

Avangrid

Inc

2,066‌

74‌

Brookfield

Renewable

Corp

4,154‌

117‌

CenterPoint

Energy

Inc

19,531‌

542‌

Clearway

Energy

Inc

-

Class

A

1,006‌

25‌

Clearway

Energy

Inc

-

Class

C

2,381‌

63‌

CMS

Energy

Corp

9,193‌

596‌

Consolidated

Edison

Inc

10,693‌

1,043‌

Constellation

Energy

Corp

8,185‌

1,553‌

Dominion

Energy

Inc

25,834‌

1,381‌

DTE

Energy

Co

228,763‌

27,573‌

Duke

Energy

Corp

23,793‌

2,600‌

Edison

International

11,742‌

939‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Electric

(continued)

Entergy

Corp

430,727‌

$

49,951‌

Evergy

Inc

6,885‌

399‌

Eversource

Energy

10,844‌

704‌

Exelon

Corp

30,835‌

1,147‌

FirstEnergy

Corp

17,755‌

744‌

IDACORP

Inc

1,554‌

152‌

NextEra

Energy

Inc

423,953‌

32,386‌

NRG

Energy

Inc

3,921‌

295‌

OGE

Energy

Corp

5,973‌

231‌

PG&E

Corp

65,847‌

1,202‌

Pinnacle

West

Capital

Corp

342,160‌

29,286‌

PPL

Corp

22,766‌

676‌

Public

Service

Enterprise

Group

Inc

15,384‌

1,227‌

Sempra

19,535‌

1,564‌

Southern

Co/The

33,755‌

2,819‌

WEC

Energy

Group

Inc

329,639‌

28,369‌

Xcel

Energy

Inc

17,153‌

1,000‌

$

191,736‌

Electrical

Components

&

Equipment

-

0

.59

%

Acuity

Brands

Inc

931‌

234‌

AMETEK

Inc

7,137‌

1,238‌

Eaton

Corp

PLC

12,283‌

3,744‌

Emerson

Electric

Co

17,627‌

2,064‌

Generac

Holdings

Inc

(d)

923‌

144‌

Littelfuse

Inc

54,208‌

14,480‌

Universal

Display

Corp

703‌

156‌

$

22,060‌

Electronics

-

1

.77

%

Allegion

plc

2,721‌

372‌

Amphenol

Corp

15,200‌

977‌

Arrow

Electronics

Inc

(d)

1,620‌

200‌

Avnet

Inc

2,760‌

148‌

Coherent

Corp

(d)

4,100‌

286‌

Fortive

Corp

10,865‌

781‌

Garmin

Ltd

4,796‌

821‌

Honeywell

International

Inc

147,520‌

30,205‌

Hubbell

Inc

71,797‌

28,407‌

Jabil

Inc

3,348‌

377‌

Keysight

Technologies

Inc

(d)

5,394‌

753‌

Mettler-Toledo

International

Inc

(d)

650‌

989‌

nVent

Electric

PLC

5,116‌

371‌

Sensata

Technologies

Holding

PLC

4,467‌

174‌

TD

SYNNEX

Corp

2,316‌

276‌

Trimble

Inc

(d)

7,528‌

411‌

Vontier

Corp

4,614‌

181‌

Woodward

Inc

1,861‌

290‌

$

66,019‌

Energy

-

Alternate

Sources

-

0

.02

%

First

Solar

Inc

(d)

3,311‌

715‌

Engineering

&

Construction

-

1

.17

%

AECOM

143,283‌

12,983‌

EMCOR

Group

Inc

852‌

320‌

Jacobs

Solutions

Inc

203,468‌

29,777‌

MasTec

Inc

(d)

1,883‌

207‌

TopBuild

Corp

(d)

885‌

424‌

$

43,711‌

Entertainment

-

0

.02

%

Caesars

Entertainment

Inc

(d)

6,423‌

257‌

Liberty

Media

Corp-Liberty

Live

-

A

Shares

(d)

568‌

21‌

Liberty

Media

Corp-Liberty

Live

-

C

Shares

(d)

1,358‌

53‌

Madison

Square

Garden

Sports

Corp

(d)

526‌

105‌

Marriott

Vacations

Worldwide

Corp

1,070‌

91‌

Penn

Entertainment

Inc

(d)

4,347‌

87‌

TKO

Group

Holdings

Inc

2,042‌

223‌

Vail

Resorts

Inc

167‌

30‌

$

867‌

Schedule

of

Investments

LargeCap

Value

Fund

III

July

31,

2024

(unaudited)

See

accompanying

notes.

155

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Environmental

Control

-

0

.80

%

Clean

Harbors

Inc

(d)

1,616‌

$

386‌

Pentair

PLC

5,112‌

449‌

Republic

Services

Inc

6,350‌

1,234‌

Stericycle

Inc

(d)

2,762‌

162‌

Tetra

Tech

Inc

1,318‌

281‌

Veralto

Corp

4,211‌

449‌

Waste

Management

Inc

133,620‌

27,079‌

$

30,040‌

Food

-

1

.02

%

Albertsons

Cos

Inc

12,843‌

255‌

Campbell

Soup

Co

5,941‌

278‌

Conagra

Brands

Inc

14,699‌

446‌

Flowers

Foods

Inc

5,762‌

130‌

General

Mills

Inc

17,420‌

1,170‌

Grocery

Outlet

Holding

Corp

(d)

2,758‌

54‌

Hershey

Co/The

136,500‌

26,956‌

Hormel

Foods

Corp

8,954‌

287‌

Ingredion

Inc

1,967‌

245‌

J

M

Smucker

Co/The

3,207‌

378‌

Kellanova

8,102‌

471‌

Kraft

Heinz

Co/The

27,393‌

964‌

Kroger

Co/The

20,457‌

1,115‌

Lamb

Weston

Holdings

Inc

2,925‌

176‌

McCormick

&

Co

Inc/MD

7,785‌

599‌

Mondelez

International

Inc

41,272‌

2,821‌

Performance

Food

Group

Co

(d)

4,060‌

280‌

Pilgrim's

Pride

Corp

(d)

1,193‌

49‌

Post

Holdings

Inc

(d)

1,487‌

163‌

Seaboard

Corp

13‌

42‌

Sysco

Corp

5,841‌

448‌

Tyson

Foods

Inc

8,689‌

529‌

US

Foods

Holding

Corp

(d)

7,080‌

385‌

$

38,241‌

Forest

Products

&

Paper

-

0

.01

%

International

Paper

Co

10,695‌

497‌

Gas

-

0

.04

%

Atmos

Energy

Corp

4,660‌

596‌

National

Fuel

Gas

Co

2,800‌

164‌

NiSource

Inc

13,921‌

435‌

UGI

Corp

6,451‌

160‌

$

1,355‌

Hand

&

Machine

Tools

-

0

.56

%

Lincoln

Electric

Holdings

Inc

1,199‌

246‌

MSA

Safety

Inc

1,115‌

210‌

Regal

Rexnord

Corp

2,073‌

333‌

Snap-on

Inc

1,592‌

457‌

Stanley

Black

&

Decker

Inc

184,650‌

19,503‌

$

20,749‌

Healthcare

-

Products

-

4

.39

%

10X

Genomics

Inc

(d)

941‌

19‌

Abbott

Laboratories

438,375‌

46,441‌

Agilent

Technologies

Inc

9,046‌

1,279‌

Align

Technology

Inc

(d)

937‌

217‌

Avantor

Inc

(d)

1,212,044‌

32,422‌

Azenta

Inc

(d)

1,685‌

105‌

Baxter

International

Inc

15,706‌

563‌

Bio-Techne

Corp

4,808‌

392‌

Boston

Scientific

Corp

(d)

45,270‌

3,344‌

Bruker

Corp

1,180‌

81‌

Cooper

Cos

Inc/The

(d)

6,040‌

564‌

Danaher

Corp

125,076‌

34,656‌

DENTSPLY

SIRONA

Inc

6,363‌

173‌

Edwards

Lifesciences

Corp

(d)

14,919‌

941‌

Enovis

Corp

(d)

1,523‌

73‌

Envista

Holdings

Corp

(d)

5,283‌

90‌

Exact

Sciences

Corp

(d)

3,392‌

155‌

GE

HealthCare

Technologies

Inc

11,922‌

1,009‌

Globus

Medical

Inc

(d)

3,350‌

241‌

Hologic

Inc

(d)

7,143‌

583‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Healthcare

-

Products

(continued)

Masimo

Corp

(d)

563‌

$

60‌

Medtronic

PLC

331,320‌

26,612‌

QIAGEN

NV

(d)

6,830‌

304‌

QuidelOrtho

Corp

(d)

1,552‌

61‌

Repligen

Corp

(d)

1,436‌

240‌

ResMed

Inc

3,282‌

700‌

Revvity

Inc

3,818‌

480‌

Solventum

Corp

(d)

4,146‌

244‌

STERIS

PLC

3,063‌

731‌

Stryker

Corp

7,827‌

2,563‌

Teleflex

Inc

1,480‌

327‌

Thermo

Fisher

Scientific

Inc

11,750‌

7,207‌

Waters

Corp

(d)

698‌

235‌

West

Pharmaceutical

Services

Inc

862‌

264‌

Zimmer

Biomet

Holdings

Inc

6,325‌

704‌

$

164,080‌

Healthcare

-

Services

-

4

.01

%

Acadia

Healthcare

Co

Inc

(d)

2,782‌

180‌

Amedisys

Inc

(d)

931‌

91‌

Catalent

Inc

(d)

5,603‌

333‌

Centene

Corp

(d)

16,455‌

1,266‌

Charles

River

Laboratories

International

Inc

(d)

1,602‌

391‌

Chemed

Corp

410‌

234‌

Elevance

Health

Inc

90,267‌

48,025‌

Encompass

Health

Corp

3,041‌

283‌

Fortrea

Holdings

Inc

(d)

2,208‌

61‌

HCA

Healthcare

Inc

4,490‌

1,630‌

Humana

Inc

3,708‌

1,341‌

IQVIA

Holdings

Inc

(d)

4,948‌

1,218‌

Labcorp

Holdings

Inc

2,618‌

564‌

Molina

Healthcare

Inc

(d)

652‌

223‌

Quest

Diagnostics

Inc

3,448‌

491‌

Sotera

Health

Co

(d)

3,444‌

48‌

Tenet

Healthcare

Corp

(d)

3,015‌

451‌

UnitedHealth

Group

Inc

160,646‌

92,557‌

Universal

Health

Services

Inc

1,812‌

387‌

$

149,774‌

Home

Builders

-

0

.14

%

DR

Horton

Inc

9,161‌

1,648‌

Lennar

Corp

-

A

Shares

7,455‌

1,319‌

Lennar

Corp

-

B

Shares

312‌

52‌

NVR

Inc

(d)

92‌

792‌

PulteGroup

Inc

6,469‌

854‌

Thor

Industries

Inc

1,563‌

166‌

Toll

Brothers

Inc

3,224‌

460‌

$

5,291‌

Home

Furnishings

-

0

.01

%

Dolby

Laboratories

Inc

1,797‌

142‌

Leggett

&

Platt

Inc

3,849‌

51‌

SharkNinja

Inc

1,632‌

125‌

Whirlpool

Corp

1,591‌

162‌

$

480‌

Housewares

-

0

.01

%

Newell

Brands

Inc

12,759‌

109‌

Scotts

Miracle-Gro

Co/The

(e)

1,306‌

103‌

$

212‌

Insurance

-

5

.53

%

Aflac

Inc

17,641‌

1,683‌

Allstate

Corp/The

175,066‌

29,957‌

American

Financial

Group

Inc/OH

2,240‌

293‌

American

International

Group

Inc

438,881‌

34,772‌

Aon

PLC

6,040‌

1,984‌

Arch

Capital

Group

Ltd

(d)

11,135‌

1,067‌

Arthur

J

Gallagher

&

Co

105,449‌

29,894‌

Assurant

Inc

1,632‌

285‌

Assured

Guaranty

Ltd

1,541‌

127‌

Axis

Capital

Holdings

Ltd

2,329‌

176‌

Berkshire

Hathaway

Inc

-

Class

B

(d)

115,772‌

50,766‌

Brighthouse

Financial

Inc

(d)

1,898‌

95‌

Schedule

of

Investments

LargeCap

Value

Fund

III

July

31,

2024

(unaudited)

See

accompanying

notes.

156

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Insurance

(continued)

Brown

&

Brown

Inc

4,149‌

$

413‌

Chubb

Ltd

12,448‌

3,431‌

Cincinnati

Financial

Corp

4,742‌

619‌

CNA

Financial

Corp

603‌

30‌

Corebridge

Financial

Inc

7,634‌

226‌

Everest

Group

Ltd

1,087‌

427‌

Fidelity

National

Financial

Inc

8,019‌

444‌

First

American

Financial

Corp

2,994‌

181‌

Globe

Life

Inc

2,898‌

269‌

Hanover

Insurance

Group

Inc/The

1,097‌

151‌

Hartford

Financial

Services

Group

Inc/The

9,170‌

1,017‌

Kemper

Corp

1,749‌

112‌

Lincoln

National

Corp

5,230‌

174‌

Loews

Corp

5,609‌

448‌

Markel

Group

Inc

(d)

303‌

497‌

Marsh

&

McLennan

Cos

Inc

13,091‌

2,914‌

MetLife

Inc

18,387‌

1,413‌

MGIC

Investment

Corp

7,968‌

198‌

Old

Republic

International

Corp

7,524‌

260‌

Primerica

Inc

1,092‌

275‌

Progressive

Corp/The

66,916‌

14,328‌

Prudential

Financial

Inc

11,098‌

1,391‌

Reinsurance

Group

of

America

Inc

2,052‌

463‌

RenaissanceRe

Holdings

Ltd

1,623‌

376‌

RLI

Corp

1,172‌

177‌

Travelers

Cos

Inc/The

7,063‌

1,529‌

Unum

Group

5,905‌

340‌

W

R

Berkley

Corp

9,598‌

529‌

White

Mountains

Insurance

Group

Ltd

77‌

138‌

Willis

Towers

Watson

PLC

80,981‌

22,859‌

$

206,728‌

Internet

-

1

.63

%

Alphabet

Inc

-

A

Shares

325,163‌

55,779‌

Booking

Holdings

Inc

63‌

234‌

CDW

Corp/DE

2,083‌

454‌

DoorDash

Inc

-

Class

A

(d)

1,355‌

150‌

eBay

Inc

15,612‌

868‌

Etsy

Inc

(d)

1,244‌

81‌

F5

Inc

(d)

1,828‌

372‌

Gen

Digital

Inc

17,355‌

451‌

IAC

Inc

(d)

2,153‌

114‌

Lyft

Inc

(d)

3,079‌

37‌

Maplebear

Inc

(d)

5,142‌

177‌

Match

Group

Inc

(d)

8,177‌

312‌

Okta

Inc

(d)

2,562‌

241‌

Robinhood

Markets

Inc

(d)

20,475‌

421‌

Roku

Inc

(d)

3,216‌

187‌

TripAdvisor

Inc

(d)

3,125‌

55‌

Trump

Media

&

Technology

Group

Corp

(d),(e)

591‌

17‌

VeriSign

Inc

(d)

2,527‌

473‌

Wayfair

Inc

(d)

2,837‌

155‌

Zillow

Group

Inc

-

A

Shares

(d)

1,291‌

61‌

Zillow

Group

Inc

-

C

Shares

(d),(e)

4,741‌

231‌

$

60,870‌

Iron

&

Steel

-

0

.08

%

ATI

Inc

(d)

3,690‌

250‌

Cleveland-Cliffs

Inc

(d)

9,685‌

149‌

Nucor

Corp

7,411‌

1,207‌

Reliance

Inc

1,757‌

535‌

Steel

Dynamics

Inc

4,606‌

614‌

United

States

Steel

Corp

6,888‌

283‌

$

3,038‌

Leisure

Products

&

Services

-

0

.79

%

Amer

Sports

Inc

(d),(e)

3,322‌

39‌

Brunswick

Corp/DE

2,011‌

164‌

Carnival

Corp

(d)

1,696,092‌

28,256‌

Harley-Davidson

Inc

3,720‌

139‌

Planet

Fitness

Inc

(d)

1,223‌

90‌

Polaris

Inc

1,556‌

130‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Leisure

Products

&

Services

(continued)

Royal

Caribbean

Cruises

Ltd

4,796‌

$

752‌

YETI

Holdings

Inc

(d)

1,639‌

68‌

$

29,638‌

Lodging

-

1

.48

%

Boyd

Gaming

Corp

2,111‌

128‌

Choice

Hotels

International

Inc

(e)

119‌

15‌

Hilton

Worldwide

Holdings

Inc

3,713‌

797‌

Hyatt

Hotels

Corp

1,131‌

167‌

Las

Vegas

Sands

Corp

843,051‌

33,444‌

Marriott

International

Inc/MD

7,258‌

1,650‌

MGM

Resorts

International

(d)

7,538‌

324‌

Travel

+

Leisure

Co

2,105‌

97‌

Wyndham

Hotels

&

Resorts

Inc

2,149‌

163‌

Wynn

Resorts

Ltd

223,931‌

18,545‌

$

55,330‌

Machinery

-

Construction

&

Mining

-

1

.18

%

BWX

Technologies

Inc

2,178‌

217‌

Caterpillar

Inc

12,909‌

4,469‌

GE

Vernova

Inc

(d)

8,421‌

1,501‌

Oshkosh

Corp

1,959‌

213‌

Vertiv

Holdings

Co

480,192‌

37,791‌

$

44,191‌

Machinery

-

Diversified

-

0

.33

%

AGCO

Corp

1,870‌

177‌

CNH

Industrial

NV

26,930‌

287‌

Cognex

Corp

4,862‌

241‌

Crane

Co

1,473‌

236‌

Deere

&

Co

7,838‌

2,916‌

Dover

Corp

4,252‌

783‌

Esab

Corp

1,700‌

173‌

Flowserve

Corp

3,928‌

199‌

Gates

Industrial

Corp

PLC

(d)

6,301‌

117‌

Graco

Inc

5,177‌

440‌

IDEX

Corp

2,361‌

492‌

Ingersoll

Rand

Inc

12,455‌

1,250‌

Middleby

Corp/The

(d)

1,658‌

225‌

Nordson

Corp

1,777‌

445‌

Otis

Worldwide

Corp

12,468‌

1,178‌

Rockwell

Automation

Inc

3,200‌

892‌

Toro

Co/The

3,242‌

310‌

Westinghouse

Air

Brake

Technologies

Corp

5,418‌

873‌

Xylem

Inc/NY

7,468‌

997‌

$

12,231‌

Media

-

1

.50

%

Charter

Communications

Inc

(d)

2,886‌

1,096‌

Comcast

Corp

-

Class

A

1,119,925‌

46,219‌

FactSet

Research

Systems

Inc

744‌

307‌

Fox

Corp

-

A

Shares

7,349‌

280‌

Fox

Corp

-

B

Shares

4,065‌

144‌

Liberty

Broadband

Corp

-

A

Shares

(d)

380‌

25‌

Liberty

Broadband

Corp

-

C

Shares

(d)

2,561‌

173‌

Liberty

Global

Ltd

-

A

Shares

(d)

5,099‌

99‌

Liberty

Global

Ltd

-

C

Shares

(d)

5,289‌

106‌

Liberty

Media

Corp-Liberty

Formula

One

-

A

Shares

(d)

411‌

30‌

Liberty

Media

Corp-Liberty

Formula

One

-

C

Shares

(d)

3,915‌

317‌

Liberty

Media

Corp-Liberty

SiriusXM

-

A

Shares

(d)

2,159‌

49‌

Liberty

Media

Corp-Liberty

SiriusXM

-

C

Shares

(d)

4,532‌

102‌

New

York

Times

Co/The

4,978‌

267‌

News

Corp

-

A

Shares

11,744‌

324‌

News

Corp

-

B

Shares

3,494‌

99‌

Nexstar

Media

Group

Inc

584‌

108‌

Paramount

Global

-

Class

A

(e)

266‌

6‌

Paramount

Global

-

Class

B

17,658‌

202‌

Sirius

XM

Holdings

Inc

(e)

18,718‌

65‌

Walt

Disney

Co/The

56,601‌

5,303‌

Warner

Bros

Discovery

Inc

(d)

74,671‌

646‌

$

55,967‌

Schedule

of

Investments

LargeCap

Value

Fund

III

July

31,

2024

(unaudited)

See

accompanying

notes.

157

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Metal

Fabrication

&

Hardware

-

0

.02

%

Advanced

Drainage

Systems

Inc

1,243‌

$

220‌

RBC

Bearings

Inc

(d)

861‌

250‌

Timken

Co/The

1,996‌

174‌

Valmont

Industries

Inc

607‌

181‌

$

825‌

Mining

-

0

.12

%

Alcoa

Corp

7,717‌

255‌

Freeport-McMoRan

Inc

44,101‌

2,003‌

MP

Materials

Corp

(d)

3,592‌

48‌

Newmont

Corp

35,575‌

1,746‌

Royal

Gold

Inc

2,053‌

283‌

$

4,335‌

Miscellaneous

Manufacturers

-

0

.21

%

3M

Co

13,884‌

1,771‌

A

O

Smith

Corp

3,694‌

314‌

Carlisle

Cos

Inc

1,267‌

530‌

Donaldson

Co

Inc

3,724‌

279‌

Illinois

Tool

Works

Inc

5,726‌

1,416‌

ITT

Inc

2,568‌

363‌

Parker-Hannifin

Corp

3,936‌

2,209‌

Teledyne

Technologies

Inc

(d)

1,444‌

609‌

Textron

Inc

5,886‌

547‌

$

8,038‌

Office

&

Business

Equipment

-

0

.01

%

Zebra

Technologies

Corp

(d)

1,212‌

426‌

Oil

&

Gas

-

6

.57

%

Antero

Resources

Corp

(d)

8,960‌

260‌

APA

Corp

11,167‌

348‌

Chesapeake

Energy

Corp

4,111‌

314‌

Chevron

Corp

221,746‌

35,583‌

Chord

Energy

Corp

1,930‌

331‌

Civitas

Resources

Inc

2,227‌

155‌

ConocoPhillips

155,443‌

17,286‌

Coterra

Energy

Inc

22,869‌

590‌

Devon

Energy

Corp

19,403‌

913‌

Diamondback

Energy

Inc

5,506‌

1,114‌

EOG

Resources

Inc

123,074‌

15,606‌

EQT

Corp

17,014‌

587‌

Exxon

Mobil

Corp

724,331‌

85,898‌

Hess

Corp

205,421‌

31,516‌

HF

Sinclair

Corp

4,843‌

249‌

Marathon

Oil

Corp

17,615‌

494‌

Marathon

Petroleum

Corp

10,877‌

1,925‌

Matador

Resources

Co

3,250‌

200‌

Occidental

Petroleum

Corp

19,649‌

1,195‌

Ovintiv

Inc

8,285‌

385‌

Permian

Resources

Corp

14,746‌

226‌

Phillips

66

243,988‌

35,496‌

Range

Resources

Corp

7,080‌

221‌

Southwestern

Energy

Co

(d)

32,736‌

211‌

Valero

Energy

Corp

89,823‌

14,526‌

Viper

Energy

Inc

1,988‌

85‌

$

245,714‌

Oil

&

Gas

Services

-

1

.03

%

Baker

Hughes

Co

30,761‌

1,191‌

Halliburton

Co

997,645‌

34,598‌

NOV

Inc

11,753‌

245‌

Schlumberger

NV

44,029‌

2,126‌

TechnipFMC

PLC

13,233‌

391‌

$

38,551‌

Packaging

&

Containers

-

0

.10

%

Amcor

PLC

44,335‌

467‌

AptarGroup

Inc

2,063‌

303‌

Ardagh

Group

SA

(d),(f)

412‌

—‌

Ball

Corp

9,615‌

614‌

Berry

Global

Group

Inc

3,467‌

228‌

Crown

Holdings

Inc

3,610‌

320‌

Graphic

Packaging

Holding

Co

9,390‌

283‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Packaging

&

Containers

(continued)

Packaging

Corp

of

America

2,760‌

$

552‌

Sealed

Air

Corp

4,231‌

161‌

Silgan

Holdings

Inc

2,427‌

125‌

Smurfit

WestRock

PLC

7,904‌

354‌

Sonoco

Products

Co

3,010‌

162‌

$

3,569‌

Pharmaceuticals

-

4

.89

%

AbbVie

Inc

30,965‌

5,738‌

Becton

Dickinson

&

Co

124,049‌

29,903‌

BellRing

Brands

Inc

(d)

3,896‌

200‌

Bristol-Myers

Squibb

Co

62,501‌

2,973‌

Cardinal

Health

Inc

3,075‌

310‌

Cigna

Group/The

7,796‌

2,718‌

CVS

Health

Corp

38,878‌

2,346‌

Elanco

Animal

Health

Inc

(d)

14,692‌

192‌

Henry

Schein

Inc

(d)

3,963‌

285‌

Jazz

Pharmaceuticals

PLC

(d)

1,826‌

201‌

Johnson

&

Johnson

375,150‌

59,218‌

McKesson

Corp

2,301‌

1,420‌

Merck

&

Co

Inc

312,564‌

35,360‌

Organon

&

Co

7,684‌

168‌

Pfizer

Inc

174,655‌

5,334‌

Premier

Inc

3,446‌

72‌

Sanofi

SA

ADR

681,051‌

35,285‌

Viatris

Inc

36,584‌

441‌

Zoetis

Inc

2,493‌

449‌

$

182,613‌

Pipelines

-

1

.25

%

Antero

Midstream

Corp

6,440‌

92‌

Cheniere

Energy

Inc

3,485‌

636‌

DT

Midstream

Inc

2,910‌

219‌

Enbridge

Inc

1,107,417‌

41,440‌

Kinder

Morgan

Inc

59,718‌

1,262‌

New

Fortress

Energy

Inc

(e)

840‌

17‌

ONEOK

Inc

17,997‌

1,500‌

Williams

Cos

Inc/The

37,501‌

1,610‌

$

46,776‌

Private

Equity

-

0

.06

%

Carlyle

Group

Inc/The

6,770‌

336‌

KKR

&

Co

Inc

14,798‌

1,827‌

$

2,163‌

Real

Estate

-

0

.06

%

CBRE

Group

Inc

(d)

9,448‌

1,065‌

CoStar

Group

Inc

(d)

12,523‌

977‌

Howard

Hughes

Holdings

Inc

(d)

851‌

63‌

Jones

Lang

LaSalle

Inc

(d)

987‌

248‌

$

2,353‌

REITs

-

3

.80

%

AGNC

Investment

Corp

21,447‌

215‌

Agree

Realty

Corp

2,966‌

205‌

Alexandria

Real

Estate

Equities

Inc

5,363‌

629‌

American

Homes

4

Rent

10,423‌

376‌

Americold

Realty

Trust

Inc

8,485‌

254‌

Annaly

Capital

Management

Inc

15,436‌

307‌

AvalonBay

Communities

Inc

4,396‌

901‌

Brixmor

Property

Group

Inc

8,947‌

228‌

BXP

Inc

4,863‌

347‌

Camden

Property

Trust

3,216‌

356‌

Cousins

Properties

Inc

4,396‌

121‌

Crown

Castle

Inc

13,414‌

1,477‌

CubeSmart

6,916‌

329‌

Digital

Realty

Trust

Inc

9,974‌

1,491‌

EastGroup

Properties

Inc

1,501‌

281‌

EPR

Properties

2,157‌

97‌

Equinix

Inc

2,759‌

2,180‌

Equity

LifeStyle

Properties

Inc

5,702‌

392‌

Equity

Residential

11,659‌

812‌

Essex

Property

Trust

Inc

1,964‌

547‌

Extra

Space

Storage

Inc

6,469‌

1,033‌

Schedule

of

Investments

LargeCap

Value

Fund

III

July

31,

2024

(unaudited)

See

accompanying

notes.

158

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

REITs

(continued)

Federal

Realty

Investment

Trust

249,785‌

$

27,889‌

First

Industrial

Realty

Trust

Inc

3,950‌

216‌

Gaming

and

Leisure

Properties

Inc

8,049‌

404‌

Healthcare

Realty

Trust

Inc

11,347‌

201‌

Healthpeak

Properties

Inc

21,853‌

477‌

Highwoods

Properties

Inc

3,024‌

94‌

Host

Hotels

&

Resorts

Inc

21,490‌

376‌

Invitation

Homes

Inc

18,870‌

665‌

Iron

Mountain

Inc

3,876‌

397‌

Kilroy

Realty

Corp

3,388‌

125‌

Kimco

Realty

Corp

20,310‌

441‌

Lamar

Advertising

Co

1,954‌

234‌

Medical

Properties

Trust

Inc

17,246‌

83‌

Mid-America

Apartment

Communities

Inc

3,606‌

504‌

National

Storage

Affiliates

Trust

2,202‌

94‌

NNN

REIT

Inc

5,418‌

243‌

Omega

Healthcare

Investors

Inc

7,625‌

277‌

Park

Hotels

&

Resorts

Inc

6,384‌

96‌

Prologis

Inc

243,168‌

30,651‌

Public

Storage

92,100‌

27,254‌

Rayonier

Inc

4,541‌

138‌

Realty

Income

Corp

26,566‌

1,526‌

Regency

Centers

Corp

5,690‌

383‌

Rexford

Industrial

Realty

Inc

6,668‌

334‌

Rithm

Capital

Corp

14,411‌

167‌

SBA

Communications

Corp

3,311‌

727‌

Simon

Property

Group

Inc

7,442‌

1,142‌

STAG

Industrial

Inc

5,409‌

221‌

Starwood

Property

Trust

Inc

8,850‌

176‌

Sun

Communities

Inc

3,826‌

485‌

UDR

Inc

10,136‌

406‌

Ventas

Inc

12,445‌

677‌

VICI

Properties

Inc

927,833‌

29,004‌

Vornado

Realty

Trust

5,388‌

162‌

Welltower

Inc

18,255‌

2,031‌

Weyerhaeuser

Co

22,472‌

714‌

WP

Carey

Inc

6,700‌

387‌

$

141,979‌

Retail

-

6

.36

%

Advance

Auto

Parts

Inc

1,830‌

116‌

AutoNation

Inc

(d)

793‌

151‌

AutoZone

Inc

(d)

48‌

150‌

Bath

&

Body

Works

Inc

6,721‌

247‌

Best

Buy

Co

Inc

6,663‌

576‌

BJ's

Wholesale

Club

Holdings

Inc

(d)

4,089‌

360‌

CarMax

Inc

(d)

4,530‌

383‌

Carvana

Co

(d)

2,138‌

285‌

Casey's

General

Stores

Inc

926‌

359‌

Darden

Restaurants

Inc

190,446‌

27,860‌

Dick's

Sporting

Goods

Inc

1,622‌

351‌

Dillard's

Inc

84‌

33‌

Dollar

General

Corp

175,209‌

21,093‌

Dollar

Tree

Inc

(d)

6,344‌

662‌

Domino's

Pizza

Inc

64,543‌

27,670‌

Dutch

Bros

Inc

(d)

1,518‌

58‌

Ferguson

Enterprises

Inc

5,842‌

1,301‌

Five

Below

Inc

(d)

304‌

22‌

Floor

&

Decor

Holdings

Inc

(d)

2,000‌

196‌

Freshpet

Inc

(d)

913‌

111‌

GameStop

Corp

(d)

8,038‌

182‌

Gap

Inc/The

6,170‌

145‌

Genuine

Parts

Co

4,312‌

634‌

Home

Depot

Inc/The

43,984‌

16,193‌

Kohl's

Corp

3,212‌

70‌

Lithia

Motors

Inc

113,110‌

31,256‌

Lowe's

Cos

Inc

17,617‌

4,325‌

Macy's

Inc

8,178‌

141‌

McDonald's

Corp

124,099‌

32,936‌

MSC

Industrial

Direct

Co

Inc

1,411‌

125‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Retail

(continued)

Nordstrom

Inc

2,746‌

$

63‌

Ollie's

Bargain

Outlet

Holdings

Inc

(d)

1,829‌

179‌

O'Reilly

Automotive

Inc

(d)

24,935‌

28,085‌

Penske

Automotive

Group

Inc

568‌

99‌

RH

(d)

368‌

107‌

Ross

Stores

Inc

7,817‌

1,120‌

Starbucks

Corp

7,845‌

612‌

Target

Corp

14,276‌

2,147‌

TJX

Cos

Inc/The

14,302‌

1,616‌

Ulta

Beauty

Inc

(d)

197‌

72‌

Walgreens

Boots

Alliance

Inc

21,362‌

254‌

Walmart

Inc

503,683‌

34,573‌

Wendy's

Co/The

2,404‌

41‌

Williams-Sonoma

Inc

1,562‌

242‌

Yum!

Brands

Inc

5,371‌

713‌

$

237,914‌

Savings

&

Loans

-

0

.00

%

TFS

Financial

Corp

1,454‌

20‌

Semiconductors

-

3

.98

%

Advanced

Micro

Devices

Inc

(d)

16,888‌

2,440‌

Allegro

MicroSystems

Inc

(d)

2,062‌

50‌

Amkor

Technology

Inc

3,465‌

113‌

Analog

Devices

Inc

15,245‌

3,527‌

Applied

Materials

Inc

2,105‌

447‌

Astera

Labs

Inc

(d),(e)

573‌

25‌

Broadcom

Inc

290,703‌

46,710‌

Cirrus

Logic

Inc

(d)

1,618‌

211‌

GLOBALFOUNDRIES

Inc

(d)

3,014‌

154‌

Intel

Corp

131,280‌

4,035‌

IPG

Photonics

Corp

(d)

878‌

71‌

Lattice

Semiconductor

Corp

(d)

500‌

26‌

MACOM

Technology

Solutions

Holdings

Inc

(d)

1,675‌

169‌

Marvell

Technology

Inc

24,306‌

1,628‌

Microchip

Technology

Inc

322,417‌

28,624‌

Micron

Technology

Inc

33,981‌

3,732‌

MKS

Instruments

Inc

1,890‌

238‌

ON

Semiconductor

Corp

(d)

13,247‌

1,037‌

Onto

Innovation

Inc

(d)

1,096‌

210‌

Qorvo

Inc

(d)

2,996‌

359‌

QUALCOMM

Inc

271,880‌

49,197‌

Skyworks

Solutions

Inc

4,975‌

565‌

Teradyne

Inc

374‌

49‌

Texas

Instruments

Inc

24,617‌

5,017‌

Wolfspeed

Inc

(d)

3,604‌

68‌

$

148,702‌

Shipbuilding

-

0

.01

%

Huntington

Ingalls

Industries

Inc

1,192‌

334‌

Software

-

5

.24

%

Akamai

Technologies

Inc

(d)

4,663‌

458‌

ANSYS

Inc

(d)

2,683‌

842‌

Aspen

Technology

Inc

(d)

827‌

155‌

BILL

Holdings

Inc

(d)

2,364‌

118‌

Broadridge

Financial

Solutions

Inc

280‌

60‌

CCC

Intelligent

Solutions

Holdings

Inc

(d)

13,281‌

136‌

Concentrix

Corp

1,460‌

103‌

Dayforce

Inc

(d)

3,964‌

235‌

DoubleVerify

Holdings

Inc

(d)

1,732‌

37‌

Doximity

Inc

(d)

3,405‌

95‌

Dropbox

Inc

-

A

Shares

(d)

5,312‌

127‌

Electronic

Arts

Inc

154,135‌

23,265‌

Fair

Isaac

Corp

(d)

112‌

179‌

Fidelity

National

Information

Services

Inc

734,001‌

56,393‌

Fiserv

Inc

(d)

12,263‌

2,006‌

Guidewire

Software

Inc

(d)

1,345‌

202‌

HashiCorp

Inc

(d)

577‌

20‌

Informatica

Inc

(d)

1,751‌

42‌

Jack

Henry

&

Associates

Inc

2,261‌

388‌

Microsoft

Corp

98,816‌

41,340‌

MicroStrategy

Inc

(d)

453‌

731‌

Schedule

of

Investments

LargeCap

Value

Fund

III

July

31,

2024

(unaudited)

See

accompanying

notes.

159

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Software

(continued)

MSCI

Inc

996‌

$

539‌

nCino

Inc

(d)

864‌

28‌

Nutanix

Inc

(d)

5,383‌

272‌

Oracle

Corp

231,819‌

32,327‌

Paychex

Inc

6,374‌

816‌

Paycom

Software

Inc

580‌

97‌

Paycor

HCM

Inc

(d)

1,797‌

22‌

Playtika

Holding

Corp

1,928‌

15‌

PTC

Inc

(d)

1,403‌

250‌

Roper

Technologies

Inc

3,284‌

1,789‌

Salesforce

Inc

117,616‌

30,439‌

SentinelOne

Inc

(d)

5,913‌

135‌

SS&C

Technologies

Holdings

Inc

6,645‌

485‌

Take-Two

Interactive

Software

Inc

(d)

5,196‌

782‌

Twilio

Inc

(d)

4,177‌

247‌

Tyler

Technologies

Inc

(d)

195‌

111‌

UiPath

Inc

(d)

1,506‌

18‌

Unity

Software

Inc

(d)

5,084‌

83‌

Zoom

Video

Communications

Inc

(d)

7,703‌

465‌

ZoomInfo

Technologies

Inc

(d)

9,595‌

109‌

$

195,961‌

Telecommunications

-

0

.57

%

AT&T

Inc

221,138‌

4,257‌

Ciena

Corp

(d)

4,305‌

227‌

Cisco

Systems

Inc

124,915‌

6,052‌

Corning

Inc

23,627‌

945‌

Frontier

Communications

Parent

Inc

(d)

7,333‌

215‌

Iridium

Communications

Inc

3,348‌

96‌

Juniper

Networks

Inc

9,926‌

374‌

Motorola

Solutions

Inc

2,656‌

1,060‌

T-Mobile

US

Inc

14,887‌

2,714‌

Ubiquiti

Inc

63‌

12‌

Verizon

Communications

Inc

129,824‌

5,260‌

$

21,212‌

Toys,

Games

&

Hobbies

-

0

.01

%

Hasbro

Inc

482‌

31‌

Mattel

Inc

(d)

10,228‌

197‌

$

228‌

Transportation

-

2

.52

%

CH

Robinson

Worldwide

Inc

3,558‌

317‌

CSX

Corp

60,198‌

2,113‌

Expeditors

International

of

Washington

Inc

3,669‌

458‌

FedEx

Corp

95,327‌

28,813‌

JB

Hunt

Transport

Services

Inc

155,291‌

26,888‌

Kirby

Corp

(d)

1,744‌

214‌

Knight-Swift

Transportation

Holdings

Inc

4,846‌

264‌

Landstar

System

Inc

1,073‌

204‌

Norfolk

Southern

Corp

6,985‌

1,743‌

Ryder

System

Inc

1,299‌

182‌

Saia

Inc

(d)

339‌

142‌

Schneider

National

Inc

1,567‌

42‌

Union

Pacific

Corp

121,123‌

29,885‌

United

Parcel

Service

Inc

22,479‌

2,930‌

$

94,195‌

Water

-

0

.03

%

American

Water

Works

Co

Inc

6,035‌

859‌

Essential

Utilities

Inc

7,781‌

316‌

$

1,175‌

TOTAL

COMMON

STOCKS

$

3,626,882‌

Total

Investments

$

3,770,626‌

Other

Assets

and

Liabilities

-  (0.87)%

(

32,451‌

)

TOTAL

NET

ASSETS

-

100.00%

$

3,738,175‌

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$14,580

or

0.39%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Non-income

producing

security

(e)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$14,321

or

0.38%

of

net

assets.

(f)

The

value

of

these

investments

was

determined

using

significant

unobservable

inputs,

in

good

faith

by

the

Manager,

under

procedures

established

and

periodically

reviewed

by

the

Board

of

Directors.

Schedule

of

Investments

LargeCap

Value

Fund

III

July

31,

2024

(unaudited)

See

accompanying

notes.

160

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

57,090‌

$

1,153,897‌

$

1,083,996‌

$

126,991‌

$

57,090‌

$

1,153,897‌

$

1,083,996‌

$

126,991‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

2,999‌

$

—‌

$

—‌

$

—‌

$

2,999‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

S&P

500

Emini;

September

2024

Long

156‌

$

43,352‌

$

(

687‌

)

Total

$

(

687‌

)

Amounts

in

thousands

except

contracts.

Schedule

of

Investments

MidCap

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

161

INVESTMENT

COMPANIES

-

0

.02

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

0

.02

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

4,563,043‌

$

4,563‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(c)

1,199,511‌

1,200‌

$

5,763‌

TOTAL

INVESTMENT

COMPANIES

$

5,763‌

COMMON

STOCKS

-

99

.95

%

Shares

Held

Value

(000's)

Aerospace

&

Defense

-

9

.70

%

HEICO

Corp

-

Class

A

6,926,900‌

$

1,316,873‌

TransDigm

Group

Inc

945,314‌

1,223,444‌

$

2,540,317‌

Beverages

-

0

.01

%

Brown-Forman

Corp

-

A

Shares

(d)

7,199‌

328‌

Brown-Forman

Corp

-

B

Shares

23,403‌

1,057‌

$

1,385‌

Building

Materials

-

5

.30

%

Martin

Marietta

Materials

Inc

643,402‌

381,763‌

Summit

Materials

Inc

(e)

2,453,506‌

102,507‌

Vulcan

Materials

Co

3,295,135‌

904,547‌

$

1,388,817‌

Chemicals

-

0

.68

%

Perimeter

Solutions

SA

(c),(e)

7,975,046‌

77,278‌

Perimeter

Solutions

SA

-

Warrants

(e)

2,883,826‌

3‌

Sherwin-Williams

Co/The

284,976‌

99,969‌

$

177,250‌

Commercial

Services

-

1

.40

%

Moody's

Corp

386,104‌

176,249‌

Verisk

Analytics

Inc

729,353‌

190,908‌

$

367,157‌

Computers

-

2

.34

%

Gartner

Inc

(e)

1,224,505‌

613,710‌

Distribution

&

Wholesale

-

5

.69

%

Copart

Inc

(e)

22,512,040‌

1,178,055‌

Fastenal

Co

4,437,356‌

313,943‌

$

1,491,998‌

Diversified

Financial

Services

-

2

.05

%

Ares

Management

Corp

2,058,071‌

315,297‌

Brookfield

Asset

Management

Ltd

4,898,375‌

213,716‌

Brookfield

Reinsurance

Ltd

(d),(e)

156,328‌

7,644‌

$

536,657‌

Electric

-

3

.31

%

Brookfield

Infrastructure

Partners

LP

20,430,929‌

645,209‌

Brookfield

Renewable

Corp

2,273,171‌

63,876‌

Brookfield

Renewable

Partners

LP

6,451,653‌

157,033‌

$

866,118‌

Electrical

Components

&

Equipment

-

0

.59

%

AMETEK

Inc

891,196‌

154,605‌

Electronics

-

1

.08

%

Mettler-Toledo

International

Inc

(e)

185,166‌

281,643‌

Entertainment

-

2

.80

%

Liberty

Media

Corp-Liberty

Live

-

A

Shares

(e)

21,874‌

826‌

Liberty

Media

Corp-Liberty

Live

-

C

Shares

(e)

157,552‌

6,148‌

Live

Nation

Entertainment

Inc

(e)

5,299,461‌

509,755‌

Vail

Resorts

Inc

1,196,643‌

217,801‌

$

734,530‌

Environmental

Control

-

1

.20

%

Veralto

Corp

595,502‌

63,456‌

Waste

Connections

Inc

1,410,450‌

250,736‌

$

314,192‌

Healthcare

-

Products

-

1

.27

%

Agilent

Technologies

Inc

693,887‌

98,116‌

IDEXX

Laboratories

Inc

(e)

319,179‌

151,967‌

Waters

Corp

(e)

241,942‌

81,360‌

$

331,443‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Home

Builders

-

2

.51

%

Lennar

Corp

-

A

Shares

1,693,313‌

$

299,598‌

Lennar

Corp

-

B

Shares

38,636‌

6,374‌

NVR

Inc

(e)

40,853‌

351,641‌

$

657,613‌

Insurance

-

10

.35

%

Arch

Capital

Group

Ltd

(e)

5,157,704‌

494,005‌

Arthur

J

Gallagher

&

Co

468,564‌

132,833‌

Brown

&

Brown

Inc

9,538,534‌

948,417‌

Markel

Group

Inc

(e)

416,206‌

682,099‌

Progressive

Corp/The

1,484,756‌

317,916‌

Ryan

Specialty

Holdings

Inc

165,258‌

10,178‌

W

R

Berkley

Corp

2,300,925‌

126,850‌

$

2,712,298‌

Internet

-

1

.35

%

VeriSign

Inc

(e)

1,299,849‌

243,085‌

Wix.com

Ltd

(e)

706,664‌

110,186‌

$

353,271‌

Lodging

-

5

.28

%

Hilton

Worldwide

Holdings

Inc

5,305,566‌

1,138,946‌

Hyatt

Hotels

Corp

1,666,848‌

245,577‌

$

1,384,523‌

Machinery

-

Diversified

-

0

.31

%

Cognex

Corp

801,208‌

39,756‌

Graco

Inc

496,274‌

42,208‌

$

81,964‌

Media

-

1

.62

%

Liberty

Media

Corp-Liberty

Formula

One

-

A

Shares

(e)

508,165‌

37,589‌

Liberty

Media

Corp-Liberty

Formula

One

-

C

Shares

(e)

4,785,050‌

386,967‌

$

424,556‌

Private

Equity

-

9

.95

%

Brookfield

Corp

27,346,629‌

1,333,148‌

KKR

&

Co

Inc

10,312,941‌

1,273,133‌

$

2,606,281‌

Real

Estate

-

5

.58

%

CBRE

Group

Inc

(e)

5,340,547‌

601,933‌

CoStar

Group

Inc

(e)

10,883,968‌

849,167‌

Howard

Hughes

Holdings

Inc

(e)

151,309‌

11,223‌

$

1,462,323‌

REITs

-

1

.59

%

SBA

Communications

Corp

1,903,278‌

417,846‌

Retail

-

9

.06

%

CarMax

Inc

(e)

6,202,457‌

523,735‌

Domino's

Pizza

Inc

1,192,360‌

511,165‌

Floor

&

Decor

Holdings

Inc

(e)

138,483‌

13,571‌

O'Reilly

Automotive

Inc

(e)

1,038,022‌

1,169,166‌

Ross

Stores

Inc

1,091,839‌

156,384‌

$

2,374,021‌

Semiconductors

-

1

.51

%

Microchip

Technology

Inc

4,450,906‌

395,151‌

Software

-

13

.42

%

ANSYS

Inc

(e)

354,004‌

111,026‌

Appfolio

Inc

(e)

80,438‌

17,816‌

Autodesk

Inc

(e)

1,403,730‌

347,451‌

CCC

Intelligent

Solutions

Holdings

Inc

(e)

19,713,266‌

202,258‌

Constellation

Software

Inc/Canada

168,260‌

526,992‌

Constellation

Software

Inc/Canada

-

Warrants

(e),(f)

143,533‌

—‌

Fair

Isaac

Corp

(e)

218,926‌

350,282‌

Jack

Henry

&

Associates

Inc

191,711‌

32,875‌

Lumine

Group

Inc

(e)

329,031‌

8,799‌

MSCI

Inc

900,510‌

486,960‌

Roper

Technologies

Inc

1,278,062‌

696,224‌

Tyler

Technologies

Inc

(e)

911,614‌

517,897‌

Schedule

of

Investments

MidCap

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

162

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Software

(continued)

Veeva

Systems

Inc

(e)

1,128,699‌

$

216,631‌

$

3,515,211‌

TOTAL

COMMON

STOCKS

$

26,184,880‌

Total

Investments

$

26,190,643‌

Other

Assets

and

Liabilities

-  0.03%

8,320‌

TOTAL

NET

ASSETS

-

100.00%

$

26,198,963‌

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$4,563

or

0.02%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$4,563

or

0.02%

of

net

assets.

(e)

Non-income

producing

security

(f)

The

value

of

these

investments

was

determined

using

significant

unobservable

inputs,

in

good

faith

by

the

Manager,

under

procedures

established

and

periodically

reviewed

by

the

Board

of

Directors.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Perimeter

Solutions

SA

$

25,667‌

$

—‌

$

210‌

$

77,278‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

157‌

1,553,638‌

1,552,595‌

1,200‌

$

25,824‌

$

1,553,638‌

$

1,552,805‌

$

78,478‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Perimeter

Solutions

SA

$

—‌

$

(

434‌

)

$

—‌

$

52,255‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

902‌

—‌

—‌

—‌

$

902‌

$

(

434‌

)

$

—‌

$

52,255‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Schedule

of

Investments

MidCap

Growth

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

163

INVESTMENT

COMPANIES

-

1

.77

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

1

.77

%

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b)

3,650,557‌

$

3,651‌

TOTAL

INVESTMENT

COMPANIES

$

3,651‌

COMMON

STOCKS

-

97

.87

%

Shares

Held

Value

(000's)

Advertising

-

2

.15

%

Trade

Desk

Inc/The

(c)

49,280‌

$

4,429‌

Aerospace

&

Defense

-

2

.27

%

HEICO

Corp

9,273‌

2,238‌

Hexcel

Corp

37,098‌

2,456‌

$

4,694‌

Banks

-

3

.34

%

NU

Holdings

Ltd/Cayman

Islands

(c)

295,343‌

3,582‌

Western

Alliance

Bancorp

41,224‌

3,317‌

$

6,899‌

Beverages

-

2

.08

%

Keurig

Dr

Pepper

Inc

125,473‌

4,301‌

Chemicals

-

1

.61

%

International

Flavors

&

Fragrances

Inc

33,456‌

3,328‌

Commercial

Services

-

3

.31

%

Cintas

Corp

6,163‌

4,708‌

TransUnion

23,661‌

2,136‌

$

6,844‌

Computers

-

2

.37

%

Seagate

Technology

Holdings

PLC

22,212‌

2,270‌

Super

Micro

Computer

Inc

(c)

3,727‌

2,615‌

$

4,885‌

Distribution

&

Wholesale

-

1

.52

%

Copart

Inc

(c)

60,150‌

3,148‌

Diversified

Financial

Services

-

14

.45

%

Ameriprise

Financial

Inc

9,037‌

3,887‌

Apollo

Global

Management

Inc

69,390‌

8,695‌

Coinbase

Global

Inc

(c)

12,520‌

2,809‌

Evercore

Inc

-

Class

A

20,930‌

5,241‌

Interactive

Brokers

Group

Inc

-

A

Shares

35,409‌

4,223‌

Tradeweb

Markets

Inc

44,558‌

4,976‌

$

29,831‌

Energy

-

Alternate

Sources

-

1

.59

%

First

Solar

Inc

(c)

15,195‌

3,282‌

Engineering

&

Construction

-

1

.54

%

Fluor

Corp

(c)

66,053‌

3,177‌

Entertainment

-

2

.76

%

DraftKings

Inc

(c)

53,054‌

1,960‌

TKO

Group

Holdings

Inc

34,212‌

3,741‌

$

5,701‌

Healthcare

-

Products

-

4

.13

%

Avantor

Inc

(c)

145,209‌

3,884‌

GE

HealthCare

Technologies

Inc

28,629‌

2,423‌

Natera

Inc

(c)

21,601‌

2,212‌

$

8,519‌

Home

Builders

-

1

.60

%

DR

Horton

Inc

18,321‌

3,297‌

Internet

-

5

.87

%

Chewy

Inc

(c)

116,617‌

2,820‌

DoorDash

Inc

-

Class

A

(c)

20,281‌

2,245‌

Pinterest

Inc

(c)

47,884‌

1,530‌

Sea

Ltd

ADR

(c)

31,639‌

2,079‌

Spotify

Technology

SA

(c)

10,011‌

3,443‌

$

12,117‌

Leisure

Products

&

Services

-

1

.45

%

Royal

Caribbean

Cruises

Ltd

19,055‌

2,986‌

Machinery

-

Construction

&

Mining

-

3

.40

%

GE

Vernova

Inc

(c)

24,658‌

4,395‌

Vertiv

Holdings

Co

33,367‌

2,626‌

$

7,021‌

Miscellaneous

Manufacturers

-

1

.30

%

Axon

Enterprise

Inc

(c)

8,966‌

2,690‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Office

&

Business

Equipment

-

1

.85

%

Zebra

Technologies

Corp

(c)

10,852‌

$

3,811‌

Oil

&

Gas

-

3

.66

%

Matador

Resources

Co

54,902‌

3,375‌

Permian

Resources

Corp

272,419‌

4,179‌

$

7,554‌

Pharmaceuticals

-

1

.01

%

Dexcom

Inc

(c)

30,751‌

2,086‌

Private

Equity

-

2

.63

%

KKR

&

Co

Inc

43,940‌

5,424‌

Real

Estate

-

2

.87

%

Jones

Lang

LaSalle

Inc

(c)

23,601‌

5,922‌

Retail

-

9

.91

%

BJ's

Wholesale

Club

Holdings

Inc

(c)

61,269‌

5,389‌

Cava

Group

Inc

(c)

23,409‌

1,972‌

Dick's

Sporting

Goods

Inc

12,930‌

2,797‌

Dutch

Bros

Inc

(c)

95,151‌

3,640‌

Ross

Stores

Inc

25,448‌

3,645‌

Tractor

Supply

Co

11,428‌

3,009‌

$

20,452‌

Semiconductors

-

4

.27

%

Entegris

Inc

16,281‌

1,926‌

Monolithic

Power

Systems

Inc

5,262‌

4,542‌

Teradyne

Inc

17,936‌

2,352‌

$

8,820‌

Software

-

12

.74

%

AppLovin

Corp

(c)

39,347‌

3,034‌

Cloudflare

Inc

(c)

28,986‌

2,246‌

Datadog

Inc

(c)

35,577‌

4,143‌

Fair

Isaac

Corp

(c)

3,855‌

6,168‌

HubSpot

Inc

(c)

4,419‌

2,196‌

Palantir

Technologies

Inc

(c)

163,909‌

4,408‌

Snowflake

Inc

-

Class

A

(c)

15,663‌

2,042‌

Synopsys

Inc

(c)

3,701‌

2,066‌

$

26,303‌

Transportation

-

2

.19

%

XPO

Inc

(c)

39,432‌

4,530‌

TOTAL

COMMON

STOCKS

$

202,051‌

Total

Investments

$

205,702‌

Other

Assets

and

Liabilities

-  0.36%

743‌

TOTAL

NET

ASSETS

-

100.00%

$

206,445‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

1-day

yield

shown

is

as

of

period

end.

(c)

Non-income

producing

security

Schedule

of

Investments

MidCap

Growth

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

164

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

4,345‌

$

110,697‌

$

111,391‌

$

3,651‌

$

4,345‌

$

110,697‌

$

111,391‌

$

3,651‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

227‌

$

—‌

$

—‌

$

—‌

$

227‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Schedule

of

Investments

MidCap

Growth

Fund

III

July

31,

2024

(unaudited)

See

accompanying

notes.

165

INVESTMENT

COMPANIES

-

2

.20

%

Shares

Held

Value

(000's)

Exchange-Traded

Funds

-

0

.20

%

iShares

Russell

Mid-Cap

Growth

ETF

12,000‌

$

1,332‌

Money

Market

Funds

-

2

.00

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

297,946‌

298‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(c)

13,111,052‌

13,111‌

$

13,409‌

TOTAL

INVESTMENT

COMPANIES

$

14,741‌

COMMON

STOCKS

-

97

.91

%

Shares

Held

Value

(000's)

Advertising

-

0

.83

%

Trade

Desk

Inc/The

(d)

61,907‌

$

5,564‌

Aerospace

&

Defense

-

1

.33

%

HEICO

Corp

(e)

26,069‌

6,292‌

HEICO

Corp

-

Class

A

2,145‌

408‌

Howmet

Aerospace

Inc

652‌

62‌

Loar

Holdings

Inc

(d)

249‌

15‌

Spirit

AeroSystems

Holdings

Inc

(d)

384‌

14‌

TransDigm

Group

Inc

1,668‌

2,159‌

$

8,950‌

Airlines

-

0

.00

%

American

Airlines

Group

Inc

(d)

1,246‌

13‌

Apparel

-

0

.78

%

Crocs

Inc

(d)

283‌

38‌

Deckers

Outdoor

Corp

(d)

5,578‌

5,147‌

Skechers

USA

Inc

(d)

311‌

20‌

$

5,205‌

Automobile

Parts

&

Equipment

-

0

.36

%

Aptiv

PLC

(d)

35,123‌

2,437‌

Banks

-

0

.15

%

NU

Holdings

Ltd/Cayman

Islands

(d)

84,061‌

1,020‌

Popular

Inc

194‌

20‌

$

1,040‌

Beverages

-

0

.60

%

Boston

Beer

Co

Inc/The

(d)

49‌

14‌

Celsius

Holdings

Inc

(d)

86,330‌

4,043‌

$

4,057‌

Biotechnology

-

1

.81

%

Alnylam

Pharmaceuticals

Inc

(d)

11,831‌

2,809‌

Apellis

Pharmaceuticals

Inc

(d)

31,500‌

1,247‌

BioMarin

Pharmaceutical

Inc

(d)

24,245‌

2,045‌

Corteva

Inc

49,461‌

2,775‌

Exelixis

Inc

(d)

6,305‌

148‌

Incyte

Corp

(d)

289‌

19‌

Intra-Cellular

Therapies

Inc

(d)

2,718‌

214‌

Ionis

Pharmaceuticals

Inc

(d)

3,562‌

176‌

Sarepta

Therapeutics

Inc

(d)

17,090‌

2,431‌

Ultragenyx

Pharmaceutical

Inc

(d)

2,305‌

104‌

Viking

Therapeutics

Inc

(d)

2,777‌

158‌

$

12,126‌

Building

Materials

-

2

.91

%

AAON

Inc

1,804‌

160‌

Armstrong

World

Industries

Inc

386‌

51‌

AZEK

Co

Inc/The

(d)

2,661‌

120‌

Builders

FirstSource

Inc

(d)

288‌

48‌

Eagle

Materials

Inc

681‌

185‌

Fortune

Brands

Innovations

Inc

40,608‌

3,282‌

Lennox

International

Inc

6,996‌

4,083‌

Louisiana-Pacific

Corp

1,188‌

117‌

Martin

Marietta

Materials

Inc

9,316‌

5,527‌

Simpson

Manufacturing

Co

Inc

106‌

20‌

Trex

Co

Inc

(d)

67,649‌

5,657‌

Vulcan

Materials

Co

901‌

247‌

$

19,497‌

Chemicals

-

0

.03

%

Celanese

Corp

749‌

106‌

Chemours

Co/The

293‌

7‌

RPM

International

Inc

758‌

92‌

$

205‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Commercial

Services

-

6

.89

%

Avis

Budget

Group

Inc

179‌

$

18‌

Block

Inc

(d)

6,193‌

383‌

Booz

Allen

Hamilton

Holding

Corp

35,647‌

5,109‌

Bright

Horizons

Family

Solutions

Inc

(d)

229‌

28‌

Corpay

Inc

(d)

14,415‌

4,206‌

Equifax

Inc

23,985‌

6,701‌

Grand

Canyon

Education

Inc

(d)

250‌

39‌

H&R

Block

Inc

715‌

41‌

MarketAxess

Holdings

Inc

14,268‌

3,189‌

Moody's

Corp

11,454‌

5,228‌

Morningstar

Inc

704‌

224‌

Paylocity

Holding

Corp

(d)

1,157‌

174‌

Quanta

Services

Inc

8,738‌

2,319‌

RB

Global

Inc

85,832‌

6,835‌

Rollins

Inc

66,001‌

3,163‌

Shift4

Payments

Inc

(d)

95,756‌

6,586‌

Toast

Inc

(d)

11,715‌

306‌

TransUnion

293‌

26‌

U-Haul

Holding

Co

1,147‌

73‌

U-Haul

Holding

Co

(d)

88‌

6‌

United

Rentals

Inc

424‌

321‌

Valvoline

Inc

(d)

3,411‌

159‌

Verisk

Analytics

Inc

3,762‌

985‌

WEX

Inc

(d)

103‌

19‌

WillScot

Holdings

Corp

(d)

1,434‌

59‌

$

46,197‌

Computers

-

3

.11

%

Crowdstrike

Holdings

Inc

(d)

6,816‌

1,581‌

EPAM

Systems

Inc

(d)

18,358‌

3,949‌

Gartner

Inc

(d)

10,272‌

5,148‌

Globant

SA

(d)

26,925‌

5,243‌

HP

Inc

6,252‌

226‌

KBR

Inc

303‌

20‌

NetApp

Inc

2,438‌

309‌

Pure

Storage

Inc

(d)

51,064‌

3,060‌

Super

Micro

Computer

Inc

(d)

1,308‌

918‌

Zscaler

Inc

(d)

2,418‌

434‌

$

20,888‌

Consumer

Products

-

0

.09

%

Avery

Dennison

Corp

797‌

173‌

Clorox

Co/The

3,279‌

432‌

$

605‌

Cosmetics

&

Personal

Care

-

0

.23

%

elf

Beauty

Inc

(d)

8,895‌

1,535‌

Distribution

&

Wholesale

-

5

.15

%

Copart

Inc

(d)

121,655‌

6,366‌

Core

&

Main

Inc

(d)

63,187‌

3,379‌

Fastenal

Co

98,937‌

7,000‌

Pool

Corp

12,663‌

4,736‌

SiteOne

Landscape

Supply

Inc

(d)

434‌

64‌

Watsco

Inc

12,720‌

6,226‌

WW

Grainger

Inc

6,940‌

6,779‌

$

34,550‌

Diversified

Financial

Services

-

3

.87

%

Ally

Financial

Inc

986‌

44‌

Ameriprise

Financial

Inc

2,413‌

1,038‌

Ares

Management

Corp

43,374‌

6,645‌

Blue

Owl

Capital

Inc

13,251‌

253‌

Coinbase

Global

Inc

(d)

19,296‌

4,330‌

Credit

Acceptance

Corp

(d)

129‌

74‌

Houlihan

Lokey

Inc

17,428‌

2,619‌

Jefferies

Financial

Group

Inc

1,342‌

78‌

Lazard

Inc

2,706‌

133‌

LPL

Financial

Holdings

Inc

22,650‌

5,017‌

Raymond

James

Financial

Inc

47,204‌

5,476‌

SoFi

Technologies

Inc

(d)

4,301‌

32‌

TPG

Inc

552‌

28‌

Tradeweb

Markets

Inc

1,211‌

135‌

UWM

Holdings

Corp

1,712‌

14‌

Schedule

of

Investments

MidCap

Growth

Fund

III

July

31,

2024

(unaudited)

See

accompanying

notes.

166

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Diversified

Financial

Services

(continued)

Western

Union

Co/The

1,573‌

$

19‌

XP

Inc

1,090‌

19‌

$

25,954‌

Electric

-

0

.45

%

NRG

Energy

Inc

2,310‌

173‌

Vistra

Corp

35,959‌

2,849‌

$

3,022‌

Electrical

Components

&

Equipment

-

0

.04

%

Generac

Holdings

Inc

(d)

761‌

118‌

Universal

Display

Corp

620‌

138‌

$

256‌

Electronics

-

0

.00

%

Jabil

Inc

255‌

29‌

Energy

-

Alternate

Sources

-

0

.06

%

Enphase

Energy

Inc

(d)

3,480‌

401‌

Engineering

&

Construction

-

0

.08

%

Comfort

Systems

USA

Inc

928‌

308‌

EMCOR

Group

Inc

484‌

182‌

TopBuild

Corp

(d)

68‌

33‌

$

523‌

Entertainment

-

1

.84

%

Churchill

Downs

Inc

40,300‌

5,785‌

DraftKings

Inc

(d)

153,865‌

5,686‌

Light

&

Wonder

Inc

(d)

2,383‌

256‌

Live

Nation

Entertainment

Inc

(d)

4,170‌

401‌

Madison

Square

Garden

Sports

Corp

(d)

40‌

8‌

TKO

Group

Holdings

Inc

286‌

31‌

Vail

Resorts

Inc

842‌

153‌

$

12,320‌

Environmental

Control

-

1

.19

%

Tetra

Tech

Inc

302‌

64‌

Veralto

Corp

2,936‌

313‌

Waste

Connections

Inc

42,734‌

7,597‌

$

7,974‌

Food

-

0

.64

%

Hershey

Co/The

541‌

107‌

Lamb

Weston

Holdings

Inc

59,215‌

3,554‌

Performance

Food

Group

Co

(d)

577‌

40‌

Pilgrim's

Pride

Corp

(d)

103‌

4‌

Sysco

Corp

8,171‌

626‌

$

4,331‌

Hand

&

Machine

Tools

-

0

.53

%

Lincoln

Electric

Holdings

Inc

17,454‌

3,585‌

Healthcare

-

Products

-

6

.71

%

10X

Genomics

Inc

(d)

1,843‌

38‌

Align

Technology

Inc

(d)

12,107‌

2,808‌

Bio-Techne

Corp

52,288‌

4,266‌

Bruker

Corp

1,756‌

120‌

Exact

Sciences

Corp

(d)

1,903‌

87‌

GE

HealthCare

Technologies

Inc

1,059‌

90‌

IDEXX

Laboratories

Inc

(d)

22,461‌

10,695‌

Inspire

Medical

Systems

Inc

(d)

5,962‌

841‌

Insulet

Corp

(d)

27,569‌

5,358‌

Masimo

Corp

(d)

588‌

63‌

Natera

Inc

(d)

29,039‌

2,973‌

Penumbra

Inc

(d)

17,135‌

2,863‌

Repligen

Corp

(d)

41,709‌

6,979‌

ResMed

Inc

16,587‌

3,537‌

Waters

Corp

(d)

949‌

319‌

West

Pharmaceutical

Services

Inc

12,928‌

3,958‌

$

44,995‌

Healthcare

-

Services

-

1

.86

%

Chemed

Corp

40‌

23‌

DaVita

Inc

(d)

1,331‌

182‌

Fortrea

Holdings

Inc

(d)

239‌

7‌

ICON

PLC

(d)

27,189‌

8,930‌

IQVIA

Holdings

Inc

(d)

537‌

132‌

Medpace

Holdings

Inc

(d)

7,577‌

2,898‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Healthcare

-

Services

(continued)

Molina

Healthcare

Inc

(d)

967‌

$

330‌

$

12,502‌

Home

Builders

-

0

.65

%

DR

Horton

Inc

24,136‌

4,343‌

Home

Furnishings

-

0

.04

%

SharkNinja

Inc

347‌

27‌

Tempur

Sealy

International

Inc

4,432‌

232‌

$

259‌

Insurance

-

1

.48

%

Allstate

Corp/The

1,082‌

185‌

Arthur

J

Gallagher

&

Co

393‌

111‌

Brown

&

Brown

Inc

2,776‌

276‌

Equitable

Holdings

Inc

8,630‌

376‌

Everest

Group

Ltd

185‌

73‌

Kinsale

Capital

Group

Inc

13,729‌

6,276‌

Markel

Group

Inc

(d)

80‌

131‌

RLI

Corp

67‌

10‌

Ryan

Specialty

Holdings

Inc

40,383‌

2,487‌

$

9,925‌

Internet

-

2

.87

%

CDW

Corp/DE

33,213‌

7,244‌

Chewy

Inc

(d)

79,809‌

1,930‌

Coupang

Inc

(d)

30,595‌

635‌

DoorDash

Inc

-

Class

A

(d)

30,240‌

3,348‌

Etsy

Inc

(d)

2,003‌

131‌

Expedia

Group

Inc

(d)

3,340‌

426‌

GoDaddy

Inc

(d)

3,734‌

543‌

Lyft

Inc

(d)

6,569‌

79‌

Match

Group

Inc

(d)

71,545‌

2,729‌

Okta

Inc

(d)

1,825‌

171‌

Pinterest

Inc

(d)

59,792‌

1,911‌

Roku

Inc

(d)

501‌

29‌

TripAdvisor

Inc

(d)

151‌

3‌

Trump

Media

&

Technology

Group

Corp

(d),(e)

954‌

27‌

VeriSign

Inc

(d)

149‌

28‌

$

19,234‌

Iron

&

Steel

-

0

.01

%

Cleveland-Cliffs

Inc

(d)

4,042‌

62‌

Leisure

Products

&

Services

-

0

.94

%

Norwegian

Cruise

Line

Holdings

Ltd

(d)

11,305‌

208‌

Planet

Fitness

Inc

(d)

1,248‌

92‌

Royal

Caribbean

Cruises

Ltd

38,194‌

5,986‌

YETI

Holdings

Inc

(d)

672‌

28‌

$

6,314‌

Lodging

-

0

.63

%

Choice

Hotels

International

Inc

(e)

645‌

82‌

Hilton

Worldwide

Holdings

Inc

3,329‌

714‌

Hyatt

Hotels

Corp

20,483‌

3,018‌

Las

Vegas

Sands

Corp

9,457‌

375‌

Wyndham

Hotels

&

Resorts

Inc

181‌

14‌

Wynn

Resorts

Ltd

203‌

17‌

$

4,220‌

Machinery

-

Construction

&

Mining

-

2

.09

%

BWX

Technologies

Inc

491‌

49‌

GE

Vernova

Inc

(d)

26,678‌

4,755‌

Vertiv

Holdings

Co

117,566‌

9,252‌

$

14,056‌

Machinery

-

Diversified

-

4

.02

%

Cognex

Corp

55,885‌

2,773‌

Graco

Inc

62,087‌

5,281‌

IDEX

Corp

25,192‌

5,252‌

Ingersoll

Rand

Inc

59,663‌

5,990‌

Rockwell

Automation

Inc

278‌

77‌

Westinghouse

Air

Brake

Technologies

Corp

46,972‌

7,570‌

$

26,943‌

Schedule

of

Investments

MidCap

Growth

Fund

III

July

31,

2024

(unaudited)

See

accompanying

notes.

167

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Media

-

0

.06

%

FactSet

Research

Systems

Inc

355‌

$

147‌

Liberty

Broadband

Corp

-

A

Shares

(d)

106‌

7‌

Liberty

Broadband

Corp

-

C

Shares

(d)

714‌

48‌

Liberty

Media

Corp-Liberty

Formula

One

-

A

Shares

(d)

219‌

16‌

Liberty

Media

Corp-Liberty

Formula

One

-

C

Shares

(d)

1,842‌

149‌

Nexstar

Media

Group

Inc

321‌

59‌

$

426‌

Metal

Fabrication

&

Hardware

-

0

.02

%

Advanced

Drainage

Systems

Inc

664‌

118‌

Miscellaneous

Manufacturers

-

0

.84

%

Axon

Enterprise

Inc

(d)

18,466‌

5,540‌

Carlisle

Cos

Inc

169‌

71‌

$

5,611‌

Office

&

Business

Equipment

-

1

.25

%

Zebra

Technologies

Corp

(d)

23,826‌

8,367‌

Oil

&

Gas

-

2

.24

%

Antero

Resources

Corp

(d)

86,566‌

2,512‌

Civitas

Resources

Inc

726‌

51‌

Diamondback

Energy

Inc

33,685‌

6,815‌

EQT

Corp

966‌

33‌

Hess

Corp

4,775‌

733‌

Matador

Resources

Co

236‌

14‌

Permian

Resources

Corp

275,642‌

4,228‌

Texas

Pacific

Land

Corp

495‌

418‌

Viper

Energy

Inc

706‌

30‌

Weatherford

International

PLC

1,906‌

225‌

$

15,059‌

Oil

&

Gas

Services

-

0

.98

%

Baker

Hughes

Co

169,691‌

6,570‌

Packaging

&

Containers

-

0

.00

%

Sealed

Air

Corp

208‌

8‌

Pharmaceuticals

-

3

.03

%

Cardinal

Health

Inc

3,821‌

385‌

Cencora

Inc

35,569‌

8,461‌

Dexcom

Inc

(d)

112,466‌

7,628‌

Neurocrine

Biosciences

Inc

(d)

27,360‌

3,873‌

$

20,347‌

Pipelines

-

0

.21

%

Antero

Midstream

Corp

3,419‌

49‌

Cheniere

Energy

Inc

3,100‌

566‌

New

Fortress

Energy

Inc

(e)

911‌

18‌

Targa

Resources

Corp

5,805‌

786‌

$

1,419‌

Private

Equity

-

0

.45

%

Carlyle

Group

Inc/The

60,609‌

3,015‌

Real

Estate

-

1

.42

%

CoStar

Group

Inc

(d)

120,615‌

9,410‌

Jones

Lang

LaSalle

Inc

(d)

386‌

97‌

$

9,507‌

REITs

-

0

.47

%

EastGroup

Properties

Inc

12,445‌

2,327‌

Iron

Mountain

Inc

4,392‌

451‌

Lamar

Advertising

Co

579‌

69‌

Simon

Property

Group

Inc

2,188‌

336‌

$

3,183‌

Retail

-

8

.59

%

BJ's

Wholesale

Club

Holdings

Inc

(d)

54,571‌

4,800‌

Burlington

Stores

Inc

(d)

30,307‌

7,890‌

CarMax

Inc

(d)

291‌

25‌

Carvana

Co

(d)

14,733‌

1,963‌

Casey's

General

Stores

Inc

7,719‌

2,993‌

Cava

Group

Inc

(d)

1,993‌

168‌

Darden

Restaurants

Inc

1,660‌

243‌

Dick's

Sporting

Goods

Inc

137‌

30‌

Domino's

Pizza

Inc

320‌

137‌

Dutch

Bros

Inc

(d)

146,895‌

5,618‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Retail

(continued)

Ferguson

Enterprises

Inc

24,119‌

$

5,370‌

Five

Below

Inc

(d)

1,143‌

83‌

Floor

&

Decor

Holdings

Inc

(d)

64,674‌

6,338‌

Freshpet

Inc

(d)

22,254‌

2,709‌

Lululemon

Athletica

Inc

(d)

6,810‌

1,761‌

Murphy

USA

Inc

497‌

251‌

RH

(d)

78‌

23‌

Ross

Stores

Inc

48,507‌

6,948‌

Texas

Roadhouse

Inc

25,975‌

4,535‌

Tractor

Supply

Co

2,849‌

750‌

Ulta

Beauty

Inc

(d)

1,094‌

399‌

Wendy's

Co/The

2,242‌

38‌

Williams-Sonoma

Inc

1,990‌

308‌

Wingstop

Inc

10,347‌

3,868‌

Yum!

Brands

Inc

2,858‌

380‌

$

57,628‌

Semiconductors

-

5

.32

%

Astera

Labs

Inc

(d),(e)

30‌

1‌

Entegris

Inc

53,303‌

6,305‌

Lattice

Semiconductor

Corp

(d)

3,115‌

165‌

Marvell

Technology

Inc

67,134‌

4,497‌

Microchip

Technology

Inc

51,570‌

4,578‌

MKS

Instruments

Inc

105‌

13‌

Monolithic

Power

Systems

Inc

17,008‌

14,679‌

Onto

Innovation

Inc

(d)

12,385‌

2,370‌

Teradyne

Inc

23,718‌

3,111‌

$

35,719‌

Software

-

17

.63

%

ANSYS

Inc

(d)

16,096‌

5,048‌

Appfolio

Inc

(d)

13,840‌

3,065‌

AppLovin

Corp

(d)

6,928‌

534‌

Bentley

Systems

Inc

77,784‌

3,791‌

BILL

Holdings

Inc

(d)

20,358‌

1,017‌

Broadridge

Financial

Solutions

Inc

34,332‌

7,347‌

Cloudflare

Inc

(d)

7,921‌

614‌

Confluent

Inc

(d)

6,384‌

160‌

Datadog

Inc

(d)

26,883‌

3,130‌

Dayforce

Inc

(d)

415‌

25‌

Descartes

Systems

Group

Inc/The

(d)

36,712‌

3,732‌

DocuSign

Inc

(d)

5,366‌

298‌

DoubleVerify

Holdings

Inc

(d)

2,159‌

46‌

Doximity

Inc

(d)

238‌

7‌

Dropbox

Inc

-

A

Shares

(d)

2,003‌

48‌

Duolingo

Inc

(d)

968‌

166‌

Dynatrace

Inc

(d)

118,664‌

5,212‌

Elastic

NV

(d)

2,149‌

236‌

Fair

Isaac

Corp

(d)

3,308‌

5,293‌

Five9

Inc

(d)

25,283‌

1,126‌

Gitlab

Inc

(d)

3,129‌

160‌

Guidewire

Software

Inc

(d)

983‌

148‌

HashiCorp

Inc

(d)

1,987‌

67‌

HubSpot

Inc

(d)

7,662‌

3,808‌

Jack

Henry

&

Associates

Inc

27,218‌

4,667‌

Manhattan

Associates

Inc

(d)

18,838‌

4,811‌

MicroStrategy

Inc

(d)

26‌

42‌

MongoDB

Inc

(d)

1,798‌

454‌

MSCI

Inc

22,627‌

12,236‌

nCino

Inc

(d)

1,349‌

44‌

Nutanix

Inc

(d)

45,792‌

2,313‌

Palantir

Technologies

Inc

(d)

53,152‌

1,429‌

Paychex

Inc

3,050‌

390‌

Paycom

Software

Inc

847‌

141‌

Paycor

HCM

Inc

(d)

187‌

2‌

Pegasystems

Inc

1,178‌

82‌

Procore

Technologies

Inc

(d)

2,780‌

198‌

PTC

Inc

(d)

59,834‌

10,642‌

RingCentral

Inc

(d)

2,170‌

76‌

ROBLOX

Corp

(d)

13,497‌

560‌

SentinelOne

Inc

(d)

976‌

22‌

Schedule

of

Investments

MidCap

Growth

Fund

III

July

31,

2024

(unaudited)

See

accompanying

notes.

168

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Software

(continued)

Smartsheet

Inc

(d)

3,348‌

$

161‌

Synopsys

Inc

(d)

14,875‌

8,305‌

Take-Two

Interactive

Software

Inc

(d)

14,136‌

2,128‌

Teradata

Corp

(d)

2,563‌

83‌

Twilio

Inc

(d)

911‌

54‌

Tyler

Technologies

Inc

(d)

25,173‌

14,301‌

UiPath

Inc

(d)

8,827‌

107‌

Unity

Software

Inc

(d)

3,487‌

57‌

Veeva

Systems

Inc

(d)

51,452‌

9,875‌

$

118,258‌

Telecommunications

-

0

.00

%

Iridium

Communications

Inc

288‌

8‌

Ubiquiti

Inc

50‌

10‌

$

18‌

Toys,

Games

&

Hobbies

-

0

.03

%

Hasbro

Inc

3,210‌

207‌

Transportation

-

1

.10

%

Expeditors

International

of

Washington

Inc

607‌

76‌

Old

Dominion

Freight

Line

Inc

32,219‌

6,772‌

Saia

Inc

(d)

408‌

170‌

XPO

Inc

(d)

3,019‌

347‌

$

7,365‌

TOTAL

COMMON

STOCKS

$

656,942‌

Total

Investments

$

671,683‌

Other

Assets

and

Liabilities

-  (0.11)%

(

754‌

)

TOTAL

NET

ASSETS

-

100.00%

$

670,929‌

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$298

or

0.04%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Non-income

producing

security

(e)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$292

or

0.04%

of

net

assets.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

17,712‌

$

343,385‌

$

347,986‌

$

13,111‌

$

17,712‌

$

343,385‌

$

347,986‌

$

13,111‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

1,009‌

$

—‌

$

—‌

$

—‌

$

1,009‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

S&P

Mid

400

Emini;

September

2024

Long

14‌

$

4,368‌

$

106‌

Total

$

106‌

Amounts

in

thousands

except

contracts.

Schedule

of

Investments

MidCap

S&P

400

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

169

INVESTMENT

COMPANIES

-

2

.05

%

Shares

Held

Value

(000's)

Exchange-Traded

Funds

-

0

.23

%

iShares

Core

S&P

Mid-Cap

ETF

46,800‌

$

2,900‌

Money

Market

Funds

-

1

.82

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

1,430,965‌

1,431‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(c)

22,283,806‌

22,284‌

$

23,715‌

TOTAL

INVESTMENT

COMPANIES

$

26,615‌

COMMON

STOCKS

-

98

.01

%

Shares

Held

Value

(000's)

Aerospace

&

Defense

-

0

.58

%

Curtiss-Wright

Corp

17,269‌

$

5,089‌

Hexcel

Corp

37,472‌

2,481‌

$

7,570‌

Agriculture

-

0

.22

%

Darling

Ingredients

Inc

(d)

72,038‌

2,862‌

Apparel

-

1

.18

%

Capri

Holdings

Ltd

(d)

52,554‌

1,763‌

Carter's

Inc

16,455‌

996‌

Columbia

Sportswear

Co

15,194‌

1,241‌

Crocs

Inc

(d)

27,368‌

3,678‌

PVH

Corp

25,522‌

2,603‌

Skechers

USA

Inc

(d)

59,692‌

3,888‌

Under

Armour

Inc

-

Class

A

(d)

85,121‌

593‌

Under

Armour

Inc

-

Class

C

(d)

86,034‌

584‌

$

15,346‌

Automobile

Parts

&

Equipment

-

1

.05

%

Adient

PLC

(d)

40,497‌

1,043‌

Autoliv

Inc

32,652‌

3,302‌

Gentex

Corp

104,232‌

3,238‌

Goodyear

Tire

&

Rubber

Co/The

(d)

128,353‌

1,502‌

Lear

Corp

25,602‌

3,125‌

Visteon

Corp

(d)

12,441‌

1,437‌

$

13,647‌

Banks

-

5

.54

%

Associated

Banc-Corp

66,841‌

1,536‌

Bank

OZK

47,563‌

2,230‌

Cadence

Bank

82,364‌

2,707‌

Columbia

Banking

System

Inc

94,400‌

2,469‌

Commerce

Bancshares

Inc/MO

53,146‌

3,439‌

Cullen/Frost

Bankers

Inc

28,969‌

3,391‌

East

West

Bancorp

Inc

62,734‌

5,514‌

First

Financial

Bankshares

Inc

57,961‌

2,229‌

First

Horizon

Corp

246,562‌

4,125‌

FNB

Corp/PA

162,199‌

2,488‌

Glacier

Bancorp

Inc

51,121‌

2,286‌

Hancock

Whitney

Corp

39,057‌

2,138‌

Home

BancShares

Inc/AR

83,995‌

2,380‌

International

Bancshares

Corp

24,108‌

1,626‌

Old

National

Bancorp/IN

142,373‌

2,850‌

Pinnacle

Financial

Partners

Inc

34,487‌

3,322‌

Prosperity

Bancshares

Inc

43,254‌

3,137‌

SouthState

Corp

34,347‌

3,399‌

Synovus

Financial

Corp

66,024‌

3,087‌

Texas

Capital

Bancshares

Inc

(d)

21,033‌

1,390‌

UMB

Financial

Corp

19,779‌

2,018‌

United

Bankshares

Inc/WV

60,808‌

2,367‌

Valley

National

Bancorp

192,839‌

1,620‌

Webster

Financial

Corp

77,317‌

3,836‌

Wintrust

Financial

Corp

29,360‌

3,177‌

Zions

Bancorp

NA

66,571‌

3,440‌

$

72,201‌

Beverages

-

0

.52

%

Boston

Beer

Co

Inc/The

(d)

4,123‌

1,155‌

Celsius

Holdings

Inc

(d)

67,255‌

3,150‌

Coca-Cola

Consolidated

Inc

2,110‌

2,418‌

$

6,723‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Biotechnology

-

3

.14

%

Arrowhead

Pharmaceuticals

Inc

(d)

55,997‌

$

1,599‌

BioMarin

Pharmaceutical

Inc

(d)

85,609‌

7,219‌

Cytokinetics

Inc

(d)

51,695‌

3,051‌

Exelixis

Inc

(d)

131,333‌

3,080‌

Halozyme

Therapeutics

Inc

(d)

57,382‌

3,171‌

Illumina

Inc

(d)

71,822‌

8,805‌

Roivant

Sciences

Ltd

(d)

152,595‌

1,656‌

Sarepta

Therapeutics

Inc

(d)

42,618‌

6,062‌

United

Therapeutics

Corp

(d)

19,999‌

6,265‌

$

40,908‌

Building

Materials

-

3

.53

%

AAON

Inc

30,763‌

2,723‌

Eagle

Materials

Inc

15,533‌

4,230‌

Fortune

Brands

Innovations

Inc

56,392‌

4,557‌

Knife

River

Corp

(d)

25,522‌

2,030‌

Lennox

International

Inc

14,456‌

8,435‌

Louisiana-Pacific

Corp

28,759‌

2,823‌

MDU

Resources

Group

Inc

91,925‌

2,477‌

Owens

Corning

39,071‌

7,282‌

Simpson

Manufacturing

Co

Inc

19,008‌

3,651‌

Trex

Co

Inc

(d)

49,005‌

4,098‌

UFP

Industries

Inc

27,841‌

3,673‌

$

45,979‌

Chemicals

-

2

.04

%

Arcadium

Lithium

PLC

(d)

465,369‌

1,480‌

Ashland

Inc

22,600‌

2,184‌

Avient

Corp

41,142‌

1,861‌

Axalta

Coating

Systems

Ltd

(d)

99,481‌

3,546‌

Cabot

Corp

24,913‌

2,499‌

Chemours

Co/The

67,130‌

1,623‌

NewMarket

Corp

3,115‌

1,747‌

Olin

Corp

53,841‌

2,456‌

RPM

International

Inc

58,053‌

7,051‌

Westlake

Corp

14,492‌

2,143‌

$

26,590‌

Commercial

Services

-

4

.04

%

Aramark

118,573‌

4,063‌

Avis

Budget

Group

Inc

8,196‌

828‌

Brink's

Co/The

20,045‌

2,205‌

Euronet

Worldwide

Inc

(d)

19,646‌

2,004‌

FTI

Consulting

Inc

(d)

15,816‌

3,447‌

Graham

Holdings

Co

1,567‌

1,214‌

Grand

Canyon

Education

Inc

(d)

13,218‌

2,061‌

GXO

Logistics

Inc

(d)

53,847‌

3,014‌

H&R

Block

Inc

62,908‌

3,645‌

Insperity

Inc

16,127‌

1,657‌

ManpowerGroup

Inc

21,506‌

1,647‌

Morningstar

Inc

11,757‌

3,735‌

Paylocity

Holding

Corp

(d)

19,591‌

2,940‌

Progyny

Inc

(d)

37,349‌

1,053‌

R1

RCM

Inc

(d)

89,264‌

1,150‌

RB

Global

Inc

82,831‌

6,596‌

Service

Corp

International/US

65,650‌

5,246‌

Valvoline

Inc

(d)

58,095‌

2,701‌

WEX

Inc

(d)

18,893‌

3,466‌

$

52,672‌

Computers

-

2

.90

%

ASGN

Inc

(d)

20,694‌

1,959‌

CACI

International

Inc

(d)

10,053‌

4,639‌

Crane

NXT

Co

21,892‌

1,377‌

ExlService

Holdings

Inc

(d)

73,237‌

2,582‌

Genpact

Ltd

74,654‌

2,588‌

KBR

Inc

60,540‌

4,031‌

Kyndryl

Holdings

Inc

(d)

103,745‌

2,788‌

Lumentum

Holdings

Inc

(d)

30,477‌

1,578‌

Maximus

Inc

27,410‌

2,546‌

Pure

Storage

Inc

(d)

137,779‌

8,257‌

Qualys

Inc

(d)

16,654‌

2,484‌

Schedule

of

Investments

MidCap

S&P

400

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

170

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Computers

(continued)

Science

Applications

International

Corp

23,115‌

$

2,876‌

$

37,705‌

Consumer

Products

-

0

.05

%

Helen

of

Troy

Ltd

(d)

10,734‌

634‌

Cosmetics

&

Personal

Care

-

0

.59

%

Coty

Inc

(d)

164,335‌

1,635‌

elf

Beauty

Inc

(d)

25,027‌

4,319‌

Perrigo

Co

PLC

61,461‌

1,738‌

$

7,692‌

Distribution

&

Wholesale

-

1

.12

%

Core

&

Main

Inc

(d)

77,104‌

4,123‌

Watsco

Inc

14,434‌

7,065‌

WESCO

International

Inc

19,709‌

3,448‌

$

14,636‌

Diversified

Financial

Services

-

3

.37

%

Affiliated

Managers

Group

Inc

14,368‌

2,667‌

Ally

Financial

Inc

123,348‌

5,552‌

Evercore

Inc

-

Class

A

15,977‌

4,000‌

Federated

Hermes

Inc

36,187‌

1,242‌

Houlihan

Lokey

Inc

23,609‌

3,547‌

Interactive

Brokers

Group

Inc

-

A

Shares

48,290‌

5,760‌

Janus

Henderson

Group

PLC

57,876‌

2,155‌

Jefferies

Financial

Group

Inc

76,482‌

4,472‌

SEI

Investments

Co

45,020‌

3,054‌

SLM

Corp

99,061‌

2,248‌

Stifel

Financial

Corp

46,193‌

4,096‌

Voya

Financial

Inc

45,401‌

3,302‌

Western

Union

Co/The

152,541‌

1,814‌

$

43,909‌

Electric

-

1

.27

%

ALLETE

Inc

26,010‌

1,678‌

Black

Hills

Corp

31,078‌

1,835‌

IDACORP

Inc

22,855‌

2,234‌

Northwestern

Energy

Group

Inc

27,630‌

1,486‌

OGE

Energy

Corp

90,419‌

3,505‌

Ormat

Technologies

Inc

24,244‌

1,882‌

PNM

Resources

Inc

40,667‌

1,691‌

Portland

General

Electric

Co

46,452‌

2,201‌

$

16,512‌

Electrical

Components

&

Equipment

-

1

.34

%

Acuity

Brands

Inc

13,751‌

3,456‌

Belden

Inc

18,339‌

1,700‌

EnerSys

18,221‌

2,003‌

Littelfuse

Inc

11,175‌

2,985‌

Novanta

Inc

(d)

16,184‌

2,932‌

Universal

Display

Corp

19,678‌

4,381‌

$

17,457‌

Electronics

-

2

.51

%

Arrow

Electronics

Inc

(d)

23,999‌

2,968‌

Avnet

Inc

40,748‌

2,191‌

Coherent

Corp

(d)

59,802‌

4,167‌

NEXTracker

Inc

(d)

55,406‌

2,723‌

nVent

Electric

PLC

74,851‌

5,436‌

Sensata

Technologies

Holding

PLC

67,961‌

2,650‌

TD

SYNNEX

Corp

35,037‌

4,175‌

Vishay

Intertechnology

Inc

56,420‌

1,371‌

Vontier

Corp

69,613‌

2,731‌

Woodward

Inc

27,468‌

4,285‌

$

32,697‌

Engineering

&

Construction

-

2

.67

%

AECOM

61,375‌

5,561‌

Comfort

Systems

USA

Inc

16,056‌

5,337‌

EMCOR

Group

Inc

21,189‌

7,955‌

Exponent

Inc

22,845‌

2,423‌

Fluor

Corp

(d)

77,183‌

3,713‌

MasTec

Inc

(d)

27,393‌

3,014‌

TopBuild

Corp

(d)

14,261‌

6,825‌

$

34,828‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Entertainment

-

1

.37

%

Churchill

Downs

Inc

30,157‌

$

4,329‌

Light

&

Wonder

Inc

(d)

40,639‌

4,356‌

Marriott

Vacations

Worldwide

Corp

14,743‌

1,247‌

TKO

Group

Holdings

Inc

26,556‌

2,904‌

Vail

Resorts

Inc

17,119‌

3,116‌

Warner

Music

Group

Corp

63,842‌

1,916‌

$

17,868‌

Environmental

Control

-

1

.00

%

Clean

Harbors

Inc

(d)

22,616‌

5,399‌

Stericycle

Inc

(d)

41,832‌

2,449‌

Tetra

Tech

Inc

24,121‌

5,144‌

$

12,992‌

Food

-

1

.96

%

Flowers

Foods

Inc

86,628‌

1,951‌

Ingredion

Inc

29,597‌

3,681‌

Lancaster

Colony

Corp

9,185‌

1,773‌

Performance

Food

Group

Co

(d)

70,158‌

4,841‌

Pilgrim's

Pride

Corp

(d)

18,160‌

749‌

Post

Holdings

Inc

(d)

22,671‌

2,479‌

Sprouts

Farmers

Market

Inc

(d)

45,302‌

4,525‌

US

Foods

Holding

Corp

(d)

101,984‌

5,547‌

$

25,546‌

Gas

-

0

.95

%

National

Fuel

Gas

Co

41,442‌

2,428‌

New

Jersey

Resources

Corp

44,554‌

2,083‌

ONE

Gas

Inc

25,504‌

1,776‌

Southwest

Gas

Holdings

Inc

27,142‌

2,013‌

Spire

Inc

26,036‌

1,733‌

UGI

Corp

94,510‌

2,342‌

$

12,375‌

Hand

&

Machine

Tools

-

1

.02

%

Lincoln

Electric

Holdings

Inc

25,659‌

5,270‌

MSA

Safety

Inc

16,691‌

3,149‌

Regal

Rexnord

Corp

29,992‌

4,819‌

$

13,238‌

Healthcare

-

Products

-

2

.95

%

Avantor

Inc

(d)

306,254‌

8,192‌

Azenta

Inc

(d)

24,309‌

1,514‌

Bruker

Corp

43,902‌

3,008‌

DENTSPLY

SIRONA

Inc

93,613‌

2,541‌

Enovis

Corp

(d)

22,503‌

1,072‌

Envista

Holdings

Corp

(d)

77,484‌

1,323‌

Globus

Medical

Inc

(d)

50,778‌

3,654‌

Haemonetics

Corp

(d)

22,896‌

2,062‌

Lantheus

Holdings

Inc

(d)

31,250‌

3,276‌

LivaNova

PLC

(d)

24,414‌

1,206‌

Masimo

Corp

(d)

20,104‌

2,151‌

Neogen

Corp

(d)

88,871‌

1,513‌

Penumbra

Inc

(d)

17,478‌

2,920‌

Repligen

Corp

(d)

23,429‌

3,921‌

$

38,353‌

Healthcare

-

Services

-

2

.06

%

Acadia

Healthcare

Co

Inc

(d)

41,828‌

2,713‌

Amedisys

Inc

(d)

14,712‌

1,442‌

Chemed

Corp

6,827‌

3,892‌

Encompass

Health

Corp

45,394‌

4,219‌

HealthEquity

Inc

(d)

39,228‌

3,079‌

Medpace

Holdings

Inc

(d)

10,618‌

4,062‌

Sotera

Health

Co

(d)

56,154‌

779‌

Tenet

Healthcare

Corp

(d)

44,042‌

6,593‌

$

26,779‌

Home

Builders

-

1

.18

%

KB

Home

33,152‌

2,854‌

Taylor

Morrison

Home

Corp

(d)

47,684‌

3,199‌

Thor

Industries

Inc

24,042‌

2,552‌

Toll

Brothers

Inc

46,966‌

6,702‌

$

15,307‌

Schedule

of

Investments

MidCap

S&P

400

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

171

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Home

Furnishings

-

0

.67

%

Dolby

Laboratories

Inc

26,938‌

$

2,121‌

Tempur

Sealy

International

Inc

78,281‌

4,098‌

Whirlpool

Corp

24,633‌

2,512‌

$

8,731‌

Housewares

-

0

.11

%

Scotts

Miracle-Gro

Co/The

18,949‌

1,489‌

Insurance

-

5

.72

%

American

Financial

Group

Inc/OH

29,493‌

3,862‌

Brighthouse

Financial

Inc

(d)

28,002‌

1,396‌

CNO

Financial

Group

Inc

48,809‌

1,702‌

Equitable

Holdings

Inc

137,842‌

6,011‌

Erie

Indemnity

Co

11,246‌

4,961‌

Essent

Group

Ltd

48,093‌

3,022‌

Fidelity

National

Financial

Inc

117,033‌

6,485‌

First

American

Financial

Corp

46,764‌

2,833‌

Hanover

Insurance

Group

Inc/The

16,204‌

2,228‌

Kemper

Corp

27,282‌

1,748‌

Kinsale

Capital

Group

Inc

9,970‌

4,557‌

MGIC

Investment

Corp

120,193‌

2,986‌

Old

Republic

International

Corp

113,979‌

3,946‌

Primerica

Inc

15,516‌

3,906‌

Reinsurance

Group

of

America

Inc

29,664‌

6,687‌

RenaissanceRe

Holdings

Ltd

23,842‌

5,529‌

RLI

Corp

18,136‌

2,731‌

Ryan

Specialty

Holdings

Inc

46,162‌

2,843‌

Selective

Insurance

Group

Inc

27,408‌

2,476‌

Unum

Group

80,262‌

4,618‌

$

74,527‌

Internet

-

0

.08

%

Ziff

Davis

Inc

(d)

20,796‌

996‌

Iron

&

Steel

-

1

.42

%

Cleveland-Cliffs

Inc

(d)

214,374‌

3,290‌

Commercial

Metals

Co

52,168‌

3,135‌

Reliance

Inc

25,892‌

7,886‌

United

States

Steel

Corp

100,872‌

4,145‌

$

18,456‌

Leisure

Products

&

Services

-

0

.85

%

Brunswick

Corp/DE

30,462‌

2,481‌

Harley-Davidson

Inc

55,185‌

2,070‌

Planet

Fitness

Inc

(d)

39,462‌

2,908‌

Polaris

Inc

23,950‌

1,995‌

YETI

Holdings

Inc

(d)

38,430‌

1,589‌

$

11,043‌

Lodging

-

0

.91

%

Boyd

Gaming

Corp

30,371‌

1,849‌

Choice

Hotels

International

Inc

(e)

10,773‌

1,373‌

Hilton

Grand

Vacations

Inc

(d)

30,857‌

1,333‌

Hyatt

Hotels

Corp

20,370‌

3,001‌

Travel

+

Leisure

Co

32,129‌

1,481‌

Wyndham

Hotels

&

Resorts

Inc

36,328‌

2,751‌

$

11,788‌

Machinery

-

Construction

&

Mining

-

0

.71

%

BWX

Technologies

Inc

41,212‌

4,100‌

Oshkosh

Corp

29,486‌

3,204‌

Terex

Corp

30,342‌

1,919‌

$

9,223‌

Machinery

-

Diversified

-

3

.02

%

AGCO

Corp

27,923‌

2,636‌

Applied

Industrial

Technologies

Inc

17,405‌

3,798‌

Chart

Industries

Inc

(d)

18,955‌

3,053‌

Cognex

Corp

77,395‌

3,840‌

Crane

Co

22,163‌

3,555‌

Esab

Corp

25,607‌

2,602‌

Flowserve

Corp

59,357‌

3,001‌

Graco

Inc

76,257‌

6,486‌

Middleby

Corp/The

(d)

24,242‌

3,287‌

Toro

Co/The

47,072‌

4,506‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Machinery

-

Diversified

(continued)

Watts

Water

Technologies

Inc

12,360‌

$

2,565‌

$

39,329‌

Media

-

0

.60

%

New

York

Times

Co/The

73,729‌

3,951‌

Nexstar

Media

Group

Inc

14,062‌

2,599‌

TEGNA

Inc

76,468‌

1,218‌

$

7,768‌

Metal

Fabrication

&

Hardware

-

1

.11

%

Advanced

Drainage

Systems

Inc

30,721‌

5,439‌

RBC

Bearings

Inc

(d)

13,093‌

3,808‌

Timken

Co/The

29,206‌

2,539‌

Valmont

Industries

Inc

9,105‌

2,717‌

$

14,503‌

Mining

-

0

.58

%

Alcoa

Corp

80,957‌

2,675‌

MP

Materials

Corp

(d)

60,372‌

816‌

Royal

Gold

Inc

29,635‌

4,093‌

$

7,584‌

Miscellaneous

Manufacturers

-

1

.40

%

Carlisle

Cos

Inc

21,406‌

8,960‌

Donaldson

Co

Inc

54,269‌

4,060‌

ITT

Inc

37,104‌

5,249‌

$

18,269‌

Oil

&

Gas

-

4

.39

%

Antero

Resources

Corp

(d)

131,723‌

3,823‌

Chesapeake

Energy

Corp

50,221‌

3,833‌

Chord

Energy

Corp

28,036‌

4,813‌

Civitas

Resources

Inc

41,517‌

2,896‌

CNX

Resources

Corp

(d)

69,092‌

1,829‌

HF

Sinclair

Corp

67,576‌

3,478‌

Matador

Resources

Co

52,319‌

3,216‌

Murphy

Oil

Corp

65,350‌

2,704‌

Ovintiv

Inc

112,227‌

5,212‌

PBF

Energy

Inc

47,574‌

1,939‌

Permian

Resources

Corp

231,564‌

3,552‌

Range

Resources

Corp

109,391‌

3,416‌

Southwestern

Energy

Co

(d)

497,178‌

3,207‌

Texas

Pacific

Land

Corp

8,397‌

7,095‌

Valaris

Ltd

(d)

28,075‌

2,206‌

Weatherford

International

PLC

32,981‌

3,887‌

$

57,106‌

Oil

&

Gas

Services

-

0

.51

%

ChampionX

Corp

85,843‌

2,941‌

NOV

Inc

178,332‌

3,713‌

$

6,654‌

Packaging

&

Containers

-

1

.67

%

AptarGroup

Inc

29,876‌

4,391‌

Berry

Global

Group

Inc

51,578‌

3,390‌

Crown

Holdings

Inc

53,793‌

4,771‌

Graphic

Packaging

Holding

Co

138,547‌

4,170‌

Greif

Inc

-

Class

A

11,626‌

775‌

Silgan

Holdings

Inc

36,586‌

1,882‌

Sonoco

Products

Co

44,299‌

2,389‌

$

21,768‌

Pharmaceuticals

-

1

.14

%

BellRing

Brands

Inc

(d)

58,807‌

3,016‌

Jazz

Pharmaceuticals

PLC

(d)

28,422‌

3,133‌

Neurocrine

Biosciences

Inc

(d)

45,373‌

6,423‌

Option

Care

Health

Inc

(d)

78,366‌

2,327‌

$

14,899‌

Pipelines

-

0

.42

%

Antero

Midstream

Corp

154,051‌

2,212‌

DT

Midstream

Inc

43,782‌

3,300‌

$

5,512‌

Private

Equity

-

0

.37

%

Carlyle

Group

Inc/The

97,354‌

4,842‌

Real

Estate

-

0

.41

%

Jones

Lang

LaSalle

Inc

(d)

21,445‌

5,381‌

Schedule

of

Investments

MidCap

S&P

400

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

172

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

REITs

-

7

.19

%

Agree

Realty

Corp

45,264‌

$

3,122‌

American

Homes

4

Rent

145,089‌

5,236‌

Annaly

Capital

Management

Inc

225,629‌

4,492‌

Brixmor

Property

Group

Inc

135,844‌

3,460‌

COPT

Defense

Properties

50,679‌

1,468‌

Cousins

Properties

Inc

68,562‌

1,886‌

CubeSmart

101,432‌

4,826‌

EastGroup

Properties

Inc

21,671‌

4,052‌

EPR

Properties

34,117‌

1,535‌

Equity

LifeStyle

Properties

Inc

84,083‌

5,775‌

First

Industrial

Realty

Trust

Inc

59,667‌

3,265‌

Gaming

and

Leisure

Properties

Inc

122,410‌

6,145‌

Healthcare

Realty

Trust

Inc

170,671‌

3,019‌

Independence

Realty

Trust

Inc

101,295‌

1,889‌

Kilroy

Realty

Corp

48,153‌

1,780‌

Kite

Realty

Group

Trust

99,011‌

2,442‌

Lamar

Advertising

Co

39,594‌

4,746‌

National

Storage

Affiliates

Trust

31,423‌

1,338‌

NNN

REIT

Inc

82,665‌

3,711‌

Omega

Healthcare

Investors

Inc

111,407‌

4,055‌

Park

Hotels

&

Resorts

Inc

94,950‌

1,430‌

PotlatchDeltic

Corp

35,846‌

1,590‌

Rayonier

Inc

61,751‌

1,873‌

Rexford

Industrial

Realty

Inc

98,010‌

4,911‌

Sabra

Health

Care

REIT

Inc

104,373‌

1,694‌

STAG

Industrial

Inc

82,092‌

3,350‌

Starwood

Property

Trust

Inc

135,332‌

2,700‌

Vornado

Realty

Trust

72,140‌

2,164‌

WP

Carey

Inc

98,660‌

5,704‌

$

93,658‌

Retail

-

6

.39

%

Abercrombie

&

Fitch

Co

(d)

23,039‌

3,398‌

AutoNation

Inc

(d)

11,075‌

2,112‌

BJ's

Wholesale

Club

Holdings

Inc

(d)

59,946‌

5,273‌

Burlington

Stores

Inc

(d)

28,795‌

7,496‌

Casey's

General

Stores

Inc

16,690‌

6,473‌

Dick's

Sporting

Goods

Inc

26,253‌

5,680‌

FirstCash

Holdings

Inc

16,810‌

1,876‌

Five

Below

Inc

(d)

24,883‌

1,810‌

Floor

&

Decor

Holdings

Inc

(d)

48,247‌

4,728‌

GameStop

Corp

(d)

121,482‌

2,754‌

Gap

Inc/The

97,673‌

2,293‌

Lithia

Motors

Inc

12,357‌

3,415‌

Macy's

Inc

124,057‌

2,144‌

MSC

Industrial

Direct

Co

Inc

20,560‌

1,829‌

Murphy

USA

Inc

8,501‌

4,292‌

Nordstrom

Inc

44,164‌

1,008‌

Ollie's

Bargain

Outlet

Holdings

Inc

(d)

27,632‌

2,698‌

Penske

Automotive

Group

Inc

8,745‌

1,523‌

RH

(d)

6,948‌

2,016‌

Texas

Roadhouse

Inc

30,114‌

5,258‌

Wendy's

Co/The

74,914‌

1,268‌

Williams-Sonoma

Inc

57,938‌

8,962‌

Wingstop

Inc

13,243‌

4,951‌

$

83,257‌

Savings

&

Loans

-

0

.10

%

New

York

Community

Bancorp

Inc

117,175‌

1,233‌

Semiconductors

-

2

.24

%

Allegro

MicroSystems

Inc

(d)

43,271‌

1,040‌

Amkor

Technology

Inc

46,615‌

1,522‌

Cirrus

Logic

Inc

(d)

24,317‌

3,173‌

IPG

Photonics

Corp

(d)

12,942‌

1,041‌

Lattice

Semiconductor

Corp

(d)

62,014‌

3,287‌

MACOM

Technology

Solutions

Holdings

Inc

(d)

24,707‌

2,493‌

MKS

Instruments

Inc

28,478‌

3,585‌

Onto

Innovation

Inc

(d)

22,217‌

4,250‌

Power

Integrations

Inc

25,592‌

1,869‌

Rambus

Inc

(d)

48,594‌

2,500‌

Silicon

Laboratories

Inc

(d)

14,392‌

1,729‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Semiconductors

(continued)

Synaptics

Inc

(d)

17,807‌

$

1,555‌

Wolfspeed

Inc

(d)

56,742‌

1,070‌

$

29,114‌

Software

-

2

.64

%

Altair

Engineering

Inc

(d)

25,675‌

2,269‌

Appfolio

Inc

(d)

9,464‌

2,096‌

Aspen

Technology

Inc

(d)

12,564‌

2,361‌

Blackbaud

Inc

(d)

18,223‌

1,447‌

CommVault

Systems

Inc

(d)

19,568‌

2,991‌

Concentrix

Corp

21,124‌

1,489‌

Doximity

Inc

(d)

55,077‌

1,542‌

Dropbox

Inc

-

A

Shares

(d)

108,949‌

2,606‌

Duolingo

Inc

(d)

16,678‌

2,868‌

Dynatrace

Inc

(d)

108,450‌

4,763‌

Manhattan

Associates

Inc

(d)

27,760‌

7,089‌

Teradata

Corp

(d)

43,597‌

1,413‌

ZoomInfo

Technologies

Inc

(d)

128,124‌

1,456‌

$

34,390‌

Telecommunications

-

0

.61

%

Ciena

Corp

(d)

65,196‌

3,439‌

Frontier

Communications

Parent

Inc

(d)

100,856‌

2,955‌

Iridium

Communications

Inc

54,747‌

1,571‌

$

7,965‌

Toys,

Games

&

Hobbies

-

0

.23

%

Mattel

Inc

(d)

155,142‌

2,993‌

Transportation

-

1

.85

%

Kirby

Corp

(d)

26,284‌

3,230‌

Knight-Swift

Transportation

Holdings

Inc

72,863‌

3,966‌

Landstar

System

Inc

16,124‌

3,068‌

Ryder

System

Inc

19,760‌

2,769‌

Saia

Inc

(d)

11,988‌

5,009‌

XPO

Inc

(d)

52,448‌

6,026‌

$

24,068‌

Trucking

&

Leasing

-

0

.17

%

GATX

Corp

16,049‌

2,239‌

Water

-

0

.35

%

Essential

Utilities

Inc

113,456‌

4,612‌

TOTAL

COMMON

STOCKS

$

1,276,423‌

Total

Investments

$

1,303,038‌

Other

Assets

and

Liabilities

-  (0.06)%

(

741‌

)

TOTAL

NET

ASSETS

-

100.00%

$

1,302,297‌

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$1,431

or

0.11%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Non-income

producing

security

(e)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$1,359

or

0.10%

of

net

assets.

Schedule

of

Investments

MidCap

S&P

400

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

173

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

41,181‌

$

276,318‌

$

295,215‌

$

22,284‌

$

41,181‌

$

276,318‌

$

295,215‌

$

22,284‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

1,229‌

$

—‌

$

—‌

$

—‌

$

1,229‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

S&P

Mid

400

Emini;

September

2024

Long

75‌

$

23,401‌

$

737‌

Total

$

737‌

Amounts

in

thousands

except

contracts.

Schedule

of

Investments

MidCap

Value

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

174

INVESTMENT

COMPANIES

-

2

.00

%

Shares

Held

Value

(000's)

Exchange-Traded

Funds

-

0

.23

%

iShares

Russell

Mid-Cap

Value

ETF

58,400‌

$

7,474‌

Money

Market

Funds

-

1

.77

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

420,706‌

420‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(c)

56,851,854‌

56,852‌

$

57,272‌

TOTAL

INVESTMENT

COMPANIES

$

64,746‌

COMMON

STOCKS

-

97

.61

%

Shares

Held

Value

(000's)

Advertising

-

0

.16

%

Interpublic

Group

of

Cos

Inc/The

15,076‌

$

485‌

Omnicom

Group

Inc

47,688‌

4,675‌

$

5,160‌

Aerospace

&

Defense

-

0

.32

%

Curtiss-Wright

Corp

1,526‌

450‌

Hexcel

Corp

3,309‌

219‌

Howmet

Aerospace

Inc

80,757‌

7,729‌

L3Harris

Technologies

Inc

7,578‌

1,719‌

Loar

Holdings

Inc

(d)

110‌

7‌

Spirit

AeroSystems

Holdings

Inc

(d)

4,059‌

147‌

$

10,271‌

Agriculture

-

0

.06

%

Archer-Daniels-Midland

Co

19,736‌

1,224‌

Bunge

Global

SA

5,635‌

593‌

Darling

Ingredients

Inc

(d)

6,343‌

252‌

$

2,069‌

Airlines

-

0

.09

%

Alaska

Air

Group

Inc

(d)

5,020‌

189‌

American

Airlines

Group

Inc

(d)

24,302‌

259‌

Delta

Air

Lines

Inc

25,785‌

1,109‌

Southwest

Airlines

Co

23,912‌

644‌

United

Airlines

Holdings

Inc

(d)

13,102‌

595‌

$

2,796‌

Apparel

-

0

.71

%

Birkenstock

Holding

Plc

(d)

1,566‌

93‌

Capri

Holdings

Ltd

(d)

4,537‌

152‌

Carter's

Inc

1,429‌

86‌

Columbia

Sportswear

Co

1,329‌

109‌

Crocs

Inc

(d)

1,947‌

262‌

PVH

Corp

2,291‌

234‌

Ralph

Lauren

Corp

120,389‌

21,139‌

Skechers

USA

Inc

(d)

4,936‌

321‌

Tapestry

Inc

9,164‌

367‌

Under

Armour

Inc

-

Class

A

(d)

8,853‌

62‌

Under

Armour

Inc

-

Class

C

(d)

9,081‌

62‌

VF

Corp

13,998‌

237‌

$

23,124‌

Automobile

Manufacturers

-

0

.07

%

Cummins

Inc

5,469‌

1,596‌

Lucid

Group

Inc

(d),(e)

35,467‌

125‌

Rivian

Automotive

Inc

(d)

32,930‌

540‌

$

2,261‌

Automobile

Parts

&

Equipment

-

2

.12

%

Allison

Transmission

Holdings

Inc

87,997‌

7,796‌

Aptiv

PLC

(d)

320,698‌

22,253‌

BorgWarner

Inc

1,078,002‌

38,064‌

Gentex

Corp

9,256‌

288‌

Lear

Corp

2,257‌

275‌

QuantumScape

Corp

(d)

13,455‌

87‌

$

68,763‌

Banks

-

3

.56

%

Bank

of

New

York

Mellon

Corp/The

546,380‌

35,553‌

Bank

OZK

4,252‌

199‌

BOK

Financial

Corp

905‌

93‌

Citizens

Financial

Group

Inc

18,290‌

780‌

Columbia

Banking

System

Inc

8,340‌

218‌

Comerica

Inc

5,304‌

291‌

Commerce

Bancshares

Inc/MO

4,766‌

308‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Banks

(continued)

Cullen/Frost

Bankers

Inc

2,352‌

$

275‌

East

West

Bancorp

Inc

5,519‌

485‌

Fifth

Third

Bancorp

27,335‌

1,157‌

First

Citizens

BancShares

Inc/NC

477‌

996‌

First

Hawaiian

Inc

5,059‌

127‌

First

Horizon

Corp

299,377‌

5,008‌

FNB

Corp/PA

14,230‌

218‌

Huntington

Bancshares

Inc/OH

1,446,490‌

21,625‌

KeyCorp

37,039‌

598‌

M&T

Bank

Corp

64,929‌

11,179‌

Northern

Trust

Corp

8,095‌

718‌

Pinnacle

Financial

Partners

Inc

3,032‌

292‌

Popular

Inc

2,559‌

263‌

Prosperity

Bancshares

Inc

436,937‌

31,687‌

Regions

Financial

Corp

36,773‌

823‌

State

Street

Corp

12,063‌

1,025‌

Synovus

Financial

Corp

5,839‌

273‌

Webster

Financial

Corp

6,829‌

339‌

Western

Alliance

Bancorp

4,295‌

346‌

Wintrust

Financial

Corp

2,452‌

265‌

Zions

Bancorp

NA

5,786‌

299‌

$

115,440‌

Beverages

-

0

.14

%

Boston

Beer

Co

Inc/The

(d)

10,102‌

2,830‌

Brown-Forman

Corp

-

A

Shares

1,944‌

89‌

Brown-Forman

Corp

-

B

Shares

6,892‌

311‌

Coca-Cola

Consolidated

Inc

709‌

813‌

Molson

Coors

Beverage

Co

7,003‌

370‌

$

4,413‌

Biotechnology

-

1

.60

%

Alnylam

Pharmaceuticals

Inc

(d)

564‌

134‌

Biogen

Inc

(d)

5,830‌

1,243‌

BioMarin

Pharmaceutical

Inc

(d)

7,554‌

637‌

Bio-Rad

Laboratories

Inc

(d)

771‌

261‌

Certara

Inc

(d)

4,806‌

75‌

Corteva

Inc

28,002‌

1,571‌

Exelixis

Inc

(d)

394,634‌

9,254‌

GRAIL

Inc

(d)

1,244‌

19‌

Illumina

Inc

(d)

6,372‌

781‌

Incyte

Corp

(d)

211,818‌

13,783‌

Ionis

Pharmaceuticals

Inc

(d)

477‌

24‌

Roivant

Sciences

Ltd

(d)

14,017‌

152‌

Royalty

Pharma

PLC

314,613‌

8,863‌

United

Therapeutics

Corp

(d)

48,304‌

15,133‌

$

51,930‌

Building

Materials

-

2

.11

%

Armstrong

World

Industries

Inc

112,249‌

14,749‌

AZEK

Co

Inc/The

(d)

243,410‌

10,927‌

Builders

FirstSource

Inc

(d)

4,365‌

731‌

Carrier

Global

Corp

329,900‌

22,469‌

Eagle

Materials

Inc

53,281‌

14,508‌

Fortune

Brands

Innovations

Inc

4,989‌

403‌

Hayward

Holdings

Inc

(d)

5,689‌

84‌

Louisiana-Pacific

Corp

776‌

76‌

Martin

Marietta

Materials

Inc

2,315‌

1,374‌

Masco

Corp

8,807‌

686‌

MDU

Resources

Group

Inc

8,124‌

219‌

Mohawk

Industries

Inc

(d)

2,121‌

342‌

Owens

Corning

3,453‌

644‌

Simpson

Manufacturing

Co

Inc

1,533‌

294‌

Vulcan

Materials

Co

3,929‌

1,078‌

$

68,584‌

Chemicals

-

4

.02

%

Albemarle

Corp

4,694‌

440‌

Ashland

Inc

1,997‌

193‌

Axalta

Coating

Systems

Ltd

(d)

853,211‌

30,417‌

Celanese

Corp

3,320‌

469‌

CF

Industries

Holdings

Inc

272,091‌

20,785‌

Chemours

Co/The

5,520‌

133‌

Schedule

of

Investments

MidCap

Value

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

175

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Chemicals

(continued)

Dow

Inc

28,172‌

$

1,535‌

DuPont

de

Nemours

Inc

16,740‌

1,401‌

Eastman

Chemical

Co

4,679‌

484‌

Element

Solutions

Inc

8,953‌

241‌

FMC

Corp

4,979‌

291‌

Huntsman

Corp

6,535‌

156‌

International

Flavors

&

Fragrances

Inc

10,235‌

1,018‌

LyondellBasell

Industries

NV

10,419‌

1,036‌

Mosaic

Co/The

12,801‌

381‌

NewMarket

Corp

13,243‌

7,428‌

Olin

Corp

4,777‌

218‌

PPG

Industries

Inc

9,351‌

1,187‌

RPM

International

Inc

254,237‌

30,879‌

Westlake

Corp

214,359‌

31,695‌

$

130,387‌

Commercial

Services

-

5

.27

%

ADT

Inc

11,397‌

89‌

Affirm

Holdings

Inc

(d)

9,113‌

258‌

API

Group

Corp

(d)

9,098‌

345‌

Aramark

10,479‌

359‌

Avis

Budget

Group

Inc

490‌

49‌

Block

Inc

(d)

12,852‌

795‌

Bright

Horizons

Family

Solutions

Inc

(d)

1,958‌

235‌

Cintas

Corp

8,625‌

6,589‌

Clarivate

PLC

(d)

16,314‌

110‌

Dun

&

Bradstreet

Holdings

Inc

12,092‌

132‌

Equifax

Inc

3,926‌

1,097‌

Euronet

Worldwide

Inc

(d)

121,303‌

12,372‌

FTI

Consulting

Inc

(d)

221,947‌

48,377‌

Global

Payments

Inc

263,888‌

26,821‌

Grand

Canyon

Education

Inc

(d)

112,273‌

17,509‌

GXO

Logistics

Inc

(d)

4,696‌

263‌

H&R

Block

Inc

4,467‌

259‌

ManpowerGroup

Inc

307,212‌

23,526‌

MarketAxess

Holdings

Inc

1,475‌

330‌

Quanta

Services

Inc

4,034‌

1,070‌

R1

RCM

Inc

(d)

6,272‌

81‌

RB

Global

Inc

7,324‌

583‌

Robert

Half

Inc

4,088‌

262‌

Service

Corp

International/US

5,704‌

456‌

TransUnion

296,722‌

26,782‌

U-Haul

Holding

Co

(d)

205‌

14‌

U-Haul

Holding

Co

2,274‌

145‌

United

Rentals

Inc

2,015‌

1,526‌

Vestis

Corp

5,441‌

71‌

WEX

Inc

(d)

1,512‌

277‌

WillScot

Holdings

Corp

(d)

5,217‌

214‌

$

170,996‌

Computers

-

3

.32

%

Amdocs

Ltd

4,582‌

401‌

CACI

International

Inc

(d)

881‌

407‌

Cognizant

Technology

Solutions

Corp

19,924‌

1,508‌

Crane

NXT

Co

1,960‌

123‌

DXC

Technology

Co

(d)

7,256‌

148‌

EPAM

Systems

Inc

(d)

2,080‌

447‌

Genpact

Ltd

727,224‌

25,213‌

Globant

SA

(d)

80,413‌

15,657‌

Hewlett

Packard

Enterprise

Co

51,939‌

1,034‌

HP

Inc

29,676‌

1,071‌

KBR

Inc

4,864‌

324‌

Kyndryl

Holdings

Inc

(d)

9,094‌

244‌

Leidos

Holdings

Inc

213,395‌

30,814‌

Lumentum

Holdings

Inc

(d)

2,669‌

138‌

Maximus

Inc

68,600‌

6,372‌

NetApp

Inc

131,880‌

16,746‌

Parsons

Corp

(d)

63,898‌

5,839‌

Pure

Storage

Inc

(d)

1,484‌

89‌

Science

Applications

International

Corp

2,042‌

254‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Computers

(continued)

Western

Digital

Corp

(d)

13,059‌

$

876‌

$

107,705‌

Consumer

Products

-

0

.80

%

Avery

Dennison

Corp

103,796‌

22,506‌

Church

&

Dwight

Co

Inc

33,348‌

3,269‌

Reynolds

Consumer

Products

Inc

2,172‌

60‌

Spectrum

Brands

Holdings

Inc

1,200‌

102‌

$

25,937‌

Cosmetics

&

Personal

Care

-

0

.05

%

Coty

Inc

(d)

15,853‌

158‌

Kenvue

Inc

76,659‌

1,417‌

Perrigo

Co

PLC

5,419‌

153‌

$

1,728‌

Distribution

&

Wholesale

-

0

.29

%

Core

&

Main

Inc

(d)

2,276‌

121‌

Fastenal

Co

104,808‌

7,415‌

LKQ

Corp

10,650‌

442‌

SiteOne

Landscape

Supply

Inc

(d)

1,123‌

165‌

Watsco

Inc

1,381‌

676‌

WESCO

International

Inc

1,743‌

305‌

WW

Grainger

Inc

225‌

220‌

$

9,344‌

Diversified

Financial

Services

-

2

.75

%

Affiliated

Managers

Group

Inc

1,276‌

237‌

Air

Lease

Corp

4,172‌

207‌

Ally

Financial

Inc

9,490‌

427‌

Ameriprise

Financial

Inc

349‌

150‌

Cboe

Global

Markets

Inc

83,939‌

15,404‌

Coinbase

Global

Inc

(d)

1,262‌

283‌

Credit

Acceptance

Corp

(d)

63‌

36‌

Discover

Financial

Services

29,397‌

4,233‌

Evercore

Inc

-

Class

A

1,434‌

359‌

Franklin

Resources

Inc

11,401‌

261‌

Houlihan

Lokey

Inc

1,867‌

280‌

Interactive

Brokers

Group

Inc

-

A

Shares

4,156‌

496‌

Invesco

Ltd

14,620‌

252‌

Janus

Henderson

Group

PLC

5,171‌

192‌

Jefferies

Financial

Group

Inc

5,174‌

302‌

Lazard

Inc

329‌

16‌

Nasdaq

Inc

16,453‌

1,114‌

OneMain

Holdings

Inc

4,515‌

236‌

Raymond

James

Financial

Inc

7,567‌

878‌

Rocket

Cos

Inc

(d)

5,532‌

90‌

SEI

Investments

Co

4,043‌

274‌

SLM

Corp

8,725‌

198‌

SoFi

Technologies

Inc

(d)

34,710‌

262‌

Stifel

Financial

Corp

163,053‌

14,458‌

Synchrony

Financial

16,051‌

815‌

T

Rowe

Price

Group

Inc

247,478‌

28,264‌

TPG

Inc

2,524‌

129‌

Tradeweb

Markets

Inc

135,256‌

15,106‌

UWM

Holdings

Corp

1,381‌

12‌

Virtu

Financial

Inc

3,369‌

92‌

Voya

Financial

Inc

4,088‌

297‌

Western

Union

Co/The

300,368‌

3,571‌

XP

Inc

14,673‌

251‌

$

89,182‌

Electric

-

3

.31

%

AES

Corp/The

28,378‌

505‌

Alliant

Energy

Corp

918,455‌

51,121‌

Ameren

Corp

10,650‌

844‌

Avangrid

Inc

2,826‌

101‌

Brookfield

Renewable

Corp

124,709‌

3,504‌

CenterPoint

Energy

Inc

25,355‌

704‌

Clearway

Energy

Inc

-

Class

A

1,799‌

44‌

Clearway

Energy

Inc

-

Class

C

3,257‌

87‌

CMS

Energy

Corp

11,912‌

772‌

Consolidated

Edison

Inc

13,862‌

1,352‌

DTE

Energy

Co

8,274‌

997‌

Schedule

of

Investments

MidCap

Value

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

176

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Electric

(continued)

Edison

International

15,227‌

$

1,218‌

Entergy

Corp

8,533‌

990‌

Evergy

Inc

134,718‌

7,814‌

Eversource

Energy

14,057‌

912‌

Exelon

Corp

40,054‌

1,490‌

FirstEnergy

Corp

22,958‌

962‌

IDACORP

Inc

2,022‌

198‌

NRG

Energy

Inc

5,057‌

380‌

OGE

Energy

Corp

7,999‌

310‌

PG&E

Corp

85,578‌

1,562‌

Pinnacle

West

Capital

Corp

4,543‌

389‌

PPL

Corp

29,561‌

879‌

Public

Service

Enterprise

Group

Inc

19,962‌

1,592‌

WEC

Energy

Group

Inc

12,660‌

1,089‌

Xcel

Energy

Inc

473,365‌

27,588‌

$

107,404‌

Electrical

Components

&

Equipment

-

0

.21

%

Acuity

Brands

Inc

18,496‌

4,649‌

AMETEK

Inc

9,241‌

1,603‌

Generac

Holdings

Inc

(d)

1,199‌

187‌

Littelfuse

Inc

975‌

260‌

Universal

Display

Corp

924‌

206‌

$

6,905‌

Electronics

-

2

.06

%

Allegion

plc

3,496‌

478‌

Arrow

Electronics

Inc

(d)

2,152‌

266‌

Avnet

Inc

3,592‌

193‌

Coherent

Corp

(d)

5,289‌

369‌

Flex

Ltd

(d)

582,500‌

18,728‌

Fortive

Corp

14,084‌

1,012‌

Garmin

Ltd

6,197‌

1,061‌

Hubbell

Inc

27,639‌

10,935‌

Jabil

Inc

4,312‌

486‌

Keysight

Technologies

Inc

(d)

6,971‌

973‌

Mettler-Toledo

International

Inc

(d)

841‌

1,279‌

nVent

Electric

PLC

6,609‌

480‌

Sensata

Technologies

Holding

PLC

5,979‌

233‌

TD

SYNNEX

Corp

3,012‌

359‌

Trimble

Inc

(d)

393,747‌

21,475‌

Vontier

Corp

6,176‌

242‌

Woodward

Inc

52,041‌

8,118‌

$

66,687‌

Energy

-

Alternate

Sources

-

0

.03

%

First

Solar

Inc

(d)

4,266‌

921‌

Engineering

&

Construction

-

0

.68

%

AECOM

41,681‌

3,776‌

EMCOR

Group

Inc

44,635‌

16,758‌

Jacobs

Solutions

Inc

4,988‌

730‌

MasTec

Inc

(d)

2,506‌

276‌

TopBuild

Corp

(d)

1,168‌

559‌

$

22,099‌

Entertainment

-

0

.04

%

Caesars

Entertainment

Inc

(d)

8,605‌

344‌

Liberty

Media

Corp-Liberty

Live

-

A

Shares

(d)

921‌

35‌

Liberty

Media

Corp-Liberty

Live

-

C

Shares

(d)

1,856‌

72‌

Madison

Square

Garden

Sports

Corp

(d)

683‌

137‌

Marriott

Vacations

Worldwide

Corp

1,356‌

115‌

Penn

Entertainment

Inc

(d)

5,953‌

119‌

TKO

Group

Holdings

Inc

2,720‌

297‌

Vail

Resorts

Inc

286‌

52‌

$

1,171‌

Environmental

Control

-

0

.49

%

Clean

Harbors

Inc

(d)

2,062‌

492‌

Pentair

PLC

6,606‌

580‌

Republic

Services

Inc

71,200‌

13,836‌

Stericycle

Inc

(d)

3,688‌

216‌

Tetra

Tech

Inc

1,673‌

357‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Environmental

Control

(continued)

Veralto

Corp

5,433‌

$

579‌

$

16,060‌

Food

-

1

.79

%

Albertsons

Cos

Inc

16,582‌

329‌

Campbell

Soup

Co

7,683‌

360‌

Conagra

Brands

Inc

19,071‌

578‌

Flowers

Foods

Inc

7,495‌

169‌

General

Mills

Inc

22,606‌

1,518‌

Grocery

Outlet

Holding

Corp

(d)

3,873‌

76‌

Hershey

Co/The

5,081‌

1,003‌

Hormel

Foods

Corp

11,602‌

372‌

Ingredion

Inc

2,621‌

326‌

J

M

Smucker

Co/The

4,129‌

487‌

Kellanova

10,493‌

610‌

Kroger

Co/The

156,973‌

8,555‌

Lamb

Weston

Holdings

Inc

3,906‌

234‌

McCormick

&

Co

Inc/MD

10,082‌

776‌

Performance

Food

Group

Co

(d)

5,237‌

361‌

Pilgrim's

Pride

Corp

(d)

1,494‌

62‌

Post

Holdings

Inc

(d)

1,974‌

216‌

Seaboard

Corp

11‌

36‌

Sysco

Corp

7,553‌

579‌

Tyson

Foods

Inc

11,258‌

686‌

US

Foods

Holding

Corp

(d)

746,467‌

40,601‌

$

57,934‌

Forest

Products

&

Paper

-

0

.02

%

International

Paper

Co

13,865‌

644‌

Gas

-

0

.05

%

Atmos

Energy

Corp

6,020‌

770‌

National

Fuel

Gas

Co

3,667‌

215‌

NiSource

Inc

18,048‌

564‌

UGI

Corp

8,394‌

208‌

$

1,757‌

Hand

&

Machine

Tools

-

1

.17

%

Lincoln

Electric

Holdings

Inc

54,990‌

11,296‌

MSA

Safety

Inc

1,478‌

279‌

Regal

Rexnord

Corp

156,254‌

25,106‌

Snap-on

Inc

2,069‌

594‌

Stanley

Black

&

Decker

Inc

6,150‌

650‌

$

37,925‌

Healthcare

-

Products

-

4

.17

%

10X

Genomics

Inc

(d)

1,610‌

33‌

Agilent

Technologies

Inc

187,721‌

26,544‌

Align

Technology

Inc

(d)

1,238‌

287‌

Avantor

Inc

(d)

27,146‌

726‌

Azenta

Inc

(d)

2,191‌

137‌

Baxter

International

Inc

20,382‌

730‌

Bio-Techne

Corp

6,212‌

507‌

Bruker

Corp

1,532‌

105‌

Cooper

Cos

Inc/The

(d)

323,810‌

30,221‌

DENTSPLY

SIRONA

Inc

8,280‌

225‌

Enovis

Corp

(d)

2,170‌

103‌

Envista

Holdings

Corp

(d)

6,918‌

118‌

Exact

Sciences

Corp

(d)

4,416‌

202‌

GE

HealthCare

Technologies

Inc

15,459‌

1,308‌

Globus

Medical

Inc

(d)

4,476‌

322‌

Hologic

Inc

(d)

458,349‌

37,406‌

Masimo

Corp

(d)

819‌

88‌

QIAGEN

NV

(d)

8,840‌

393‌

QuidelOrtho

Corp

(d)

2,125‌

84‌

Repligen

Corp

(d)

1,907‌

319‌

ResMed

Inc

4,228‌

902‌

Revvity

Inc

4,923‌

618‌

Solventum

Corp

(d)

5,543‌

326‌

STERIS

PLC

3,944‌

942‌

Teleflex

Inc

1,884‌

416‌

Waters

Corp

(d)

917‌

308‌

West

Pharmaceutical

Services

Inc

1,139‌

349‌

Schedule

of

Investments

MidCap

Value

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

177

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Healthcare

-

Products

(continued)

Zimmer

Biomet

Holdings

Inc

283,283‌

$

31,543‌

$

135,262‌

Healthcare

-

Services

-

2

.47

%

Acadia

Healthcare

Co

Inc

(d)

3,640‌

236‌

Amedisys

Inc

(d)

1,280‌

125‌

Catalent

Inc

(d)

7,242‌

430‌

Centene

Corp

(d)

21,352‌

1,642‌

Charles

River

Laboratories

International

Inc

(d)

2,042‌

498‌

Chemed

Corp

530‌

302‌

Encompass

Health

Corp

3,979‌

370‌

Fortrea

Holdings

Inc

(d)

3,215‌

89‌

Humana

Inc

4,822‌

1,744‌

ICON

PLC

(d)

80,800‌

26,538‌

IQVIA

Holdings

Inc

(d)

6,396‌

1,575‌

Labcorp

Holdings

Inc

3,362‌

724‌

Molina

Healthcare

Inc

(d)

856‌

292‌

Quest

Diagnostics

Inc

311,641‌

44,346‌

Sotera

Health

Co

(d)

5,018‌

70‌

Tenet

Healthcare

Corp

(d)

3,879‌

581‌

Universal

Health

Services

Inc

2,315‌

495‌

$

80,057‌

Home

Builders

-

0

.39

%

DR

Horton

Inc

11,870‌

2,136‌

Lennar

Corp

-

A

Shares

9,653‌

1,708‌

Lennar

Corp

-

B

Shares

452‌

74‌

NVR

Inc

(d)

118‌

1,016‌

PulteGroup

Inc

51,372‌

6,781‌

Thor

Industries

Inc

2,034‌

216‌

Toll

Brothers

Inc

4,150‌

592‌

$

12,523‌

Home

Furnishings

-

0

.02

%

Dolby

Laboratories

Inc

2,337‌

184‌

Leggett

&

Platt

Inc

5,317‌

70‌

SharkNinja

Inc

2,120‌

163‌

Whirlpool

Corp

2,115‌

216‌

$

633‌

Housewares

-

0

.01

%

Newell

Brands

Inc

16,582‌

143‌

Scotts

Miracle-Gro

Co/The

1,696‌

133‌

$

276‌

Insurance

-

9

.22

%

Aflac

Inc

68,003‌

6,486‌

Allstate

Corp/The

8,875‌

1,519‌

American

Financial

Group

Inc/OH

273,370‌

35,801‌

Arch

Capital

Group

Ltd

(d)

163,879‌

15,697‌

Arthur

J

Gallagher

&

Co

8,039‌

2,279‌

Assurant

Inc

2,080‌

364‌

Assured

Guaranty

Ltd

2,120‌

175‌

Axis

Capital

Holdings

Ltd

224,894‌

17,035‌

Brighthouse

Financial

Inc

(d)

2,403‌

120‌

Brown

&

Brown

Inc

49,921‌

4,964‌

Cincinnati

Financial

Corp

6,126‌

800‌

CNA

Financial

Corp

1,030‌

51‌

Corebridge

Financial

Inc

10,229‌

302‌

Everest

Group

Ltd

15,132‌

5,945‌

Fidelity

National

Financial

Inc

621,485‌

34,436‌

First

American

Financial

Corp

3,997‌

242‌

Globe

Life

Inc

3,709‌

344‌

Hanover

Insurance

Group

Inc/The

1,426‌

196‌

Hartford

Financial

Services

Group

Inc/The

363,382‌

40,306‌

Kemper

Corp

2,422‌

155‌

Lincoln

National

Corp

6,803‌

227‌

Loews

Corp

7,249‌

580‌

Markel

Group

Inc

(d)

390‌

639‌

MGIC

Investment

Corp

727,232‌

18,064‌

Old

Republic

International

Corp

946,280‌

32,760‌

Primerica

Inc

21,811‌

5,491‌

Prudential

Financial

Inc

14,388‌

1,803‌

Reinsurance

Group

of

America

Inc

2,627‌

592‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Insurance

(continued)

RenaissanceRe

Holdings

Ltd

2,072‌

$

481‌

RLI

Corp

26,986‌

4,064‌

Unum

Group

7,636‌

439‌

W

R

Berkley

Corp

298,461‌

16,453‌

White

Mountains

Insurance

Group

Ltd

98‌

175‌

Willis

Towers

Watson

PLC

176,688‌

49,876‌

$

298,861‌

Internet

-

1

.18

%

CDW

Corp/DE

2,669‌

582‌

eBay

Inc

600,459‌

33,392‌

Etsy

Inc

(d)

1,619‌

106‌

F5

Inc

(d)

2,336‌

476‌

Gen

Digital

Inc

22,520‌

585‌

IAC

Inc

(d)

2,975‌

157‌

Lyft

Inc

(d)

5,268‌

64‌

Maplebear

Inc

(d)

6,880‌

237‌

Match

Group

Inc

(d)

10,589‌

404‌

Okta

Inc

(d)

3,419‌

321‌

Robinhood

Markets

Inc

(d)

26,701‌

549‌

Roku

Inc

(d)

4,297‌

250‌

TripAdvisor

Inc

(d)

4,272‌

75‌

Trump

Media

&

Technology

Group

Corp

(d),(e)

1,010‌

29‌

VeriSign

Inc

(d)

3,245‌

607‌

Wayfair

Inc

(d)

3,690‌

201‌

Zillow

Group

Inc

-

A

Shares

(d)

1,880‌

89‌

Zillow

Group

Inc

-

C

Shares

(d)

6,345‌

309‌

$

38,433‌

Iron

&

Steel

-

0

.25

%

ATI

Inc

(d)

66,929‌

4,532‌

Cleveland-Cliffs

Inc

(d)

12,603‌

194‌

Nucor

Corp

9,595‌

1,563‌

Reliance

Inc

2,284‌

696‌

Steel

Dynamics

Inc

5,947‌

792‌

United

States

Steel

Corp

8,916‌

366‌

$

8,143‌

Leisure

Products

&

Services

-

0

.27

%

Amer

Sports

Inc

(d),(e)

5,684‌

66‌

Brunswick

Corp/DE

2,694‌

219‌

Carnival

Corp

(d)

413,906‌

6,895‌

Harley-Davidson

Inc

4,841‌

182‌

Planet

Fitness

Inc

(d)

1,590‌

117‌

Polaris

Inc

2,098‌

175‌

Royal

Caribbean

Cruises

Ltd

6,195‌

971‌

YETI

Holdings

Inc

(d)

2,389‌

99‌

$

8,724‌

Lodging

-

0

.57

%

Boyd

Gaming

Corp

2,746‌

167‌

Choice

Hotels

International

Inc

(e)

202‌

26‌

Hilton

Worldwide

Holdings

Inc

78,989‌

16,957‌

Hyatt

Hotels

Corp

1,496‌

220‌

MGM

Resorts

International

(d)

9,759‌

419‌

Travel

+

Leisure

Co

2,736‌

126‌

Wyndham

Hotels

&

Resorts

Inc

2,865‌

217‌

Wynn

Resorts

Ltd

3,781‌

313‌

$

18,445‌

Machinery

-

Construction

&

Mining

-

0

.09

%

BWX

Technologies

Inc

2,903‌

289‌

Oshkosh

Corp

2,609‌

283‌

Vertiv

Holdings

Co

31,672‌

2,493‌

$

3,065‌

Machinery

-

Diversified

-

3

.90

%

AGCO

Corp

273,989‌

25,870‌

CNH

Industrial

NV

34,934‌

372‌

Cognex

Corp

6,506‌

323‌

Crane

Co

1,954‌

313‌

Dover

Corp

5,488‌

1,011‌

Esab

Corp

101,951‌

10,359‌

Flowserve

Corp

5,253‌

266‌

Schedule

of

Investments

MidCap

Value

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

178

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Machinery

-

Diversified

(continued)

Gates

Industrial

Corp

PLC

(d)

8,195‌

$

152‌

Graco

Inc

6,690‌

569‌

IDEX

Corp

3,029‌

631‌

Ingersoll

Rand

Inc

16,155‌

1,622‌

Middleby

Corp/The

(d)

234,228‌

31,757‌

Nordson

Corp

2,269‌

568‌

Otis

Worldwide

Corp

148,471‌

14,030‌

Rockwell

Automation

Inc

4,163‌

1,160‌

Toro

Co/The

206,075‌

19,728‌

Westinghouse

Air

Brake

Technologies

Corp

7,001‌

1,128‌

Xylem

Inc/NY

125,370‌

16,737‌

$

126,596‌

Media

-

0

.46

%

Charter

Communications

Inc

(d)

3,753‌

1,425‌

FactSet

Research

Systems

Inc

980‌

405‌

Fox

Corp

-

A

Shares

9,515‌

362‌

Fox

Corp

-

B

Shares

5,289‌

187‌

Liberty

Broadband

Corp

-

A

Shares

(d)

677‌

45‌

Liberty

Broadband

Corp

-

C

Shares

(d)

3,332‌

225‌

Liberty

Global

Ltd

-

A

Shares

(d)

6,631‌

129‌

Liberty

Global

Ltd

-

C

Shares

(d)

6,878‌

138‌

Liberty

Media

Corp-Liberty

Formula

One

-

A

Shares

(d)

702‌

52‌

Liberty

Media

Corp-Liberty

Formula

One

-

C

Shares

(d)

5,048‌

408‌

Liberty

Media

Corp-Liberty

SiriusXM

-

A

Shares

(d)

2,835‌

64‌

Liberty

Media

Corp-Liberty

SiriusXM

-

C

Shares

(d)

5,896‌

133‌

New

York

Times

Co/The

177,172‌

9,495‌

News

Corp

-

A

Shares

15,227‌

420‌

News

Corp

-

B

Shares

4,545‌

130‌

Nexstar

Media

Group

Inc

757‌

140‌

Paramount

Global

-

Class

A

(e)

472‌

11‌

Paramount

Global

-

Class

B

23,676‌

270‌

Sirius

XM

Holdings

Inc

(e)

25,626‌

88‌

Warner

Bros

Discovery

Inc

(d)

97,156‌

840‌

$

14,967‌

Metal

Fabrication

&

Hardware

-

0

.03

%

Advanced

Drainage

Systems

Inc

1,647‌

292‌

RBC

Bearings

Inc

(d)

1,136‌

330‌

Timken

Co/The

2,578‌

224‌

Valmont

Industries

Inc

795‌

237‌

$

1,083‌

Mining

-

1

.27

%

Alcoa

Corp

10,001‌

330‌

Franco-Nevada

Corp

268,000‌

34,561‌

MP

Materials

Corp

(d)

5,234‌

71‌

Royal

Gold

Inc

2,626‌

363‌

SSR

Mining

Inc

1,028,450‌

5,729‌

$

41,054‌

Miscellaneous

Manufacturers

-

1

.52

%

A

O

Smith

Corp

55,293‌

4,703‌

Carlisle

Cos

Inc

1,646‌

689‌

Donaldson

Co

Inc

4,801‌

359‌

ITT

Inc

3,296‌

466‌

Teledyne

Technologies

Inc

(d)

1,876‌

791‌

Textron

Inc

453,711‌

42,150‌

$

49,158‌

Office

&

Business

Equipment

-

0

.86

%

Zebra

Technologies

Corp

(d)

79,007‌

27,746‌

Oil

&

Gas

-

4

.10

%

Antero

Resources

Corp

(d)

11,606‌

337‌

APA

Corp

14,477‌

452‌

Chesapeake

Energy

Corp

5,249‌

401‌

Chord

Energy

Corp

134,670‌

23,118‌

Civitas

Resources

Inc

2,895‌

202‌

Coterra

Energy

Inc

1,348,693‌

34,796‌

Devon

Energy

Corp

1,000,516‌

47,055‌

Diamondback

Energy

Inc

7,117‌

1,440‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Oil

&

Gas

(continued)

EQT

Corp

22,072‌

$

762‌

Hess

Corp

3,946‌

605‌

HF

Sinclair

Corp

6,482‌

334‌

Marathon

Oil

Corp

509,577‌

14,293‌

Matador

Resources

Co

124,256‌

7,639‌

Ovintiv

Inc

10,731‌

498‌

Permian

Resources

Corp

19,773‌

303‌

Range

Resources

Corp

9,486‌

296‌

Southwestern

Energy

Co

(d)

43,880‌

283‌

Viper

Energy

Inc

2,583‌

110‌

$

132,924‌

Oil

&

Gas

Services

-

2

.01

%

Baker

Hughes

Co

1,191,262‌

46,126‌

Halliburton

Co

35,287‌

1,224‌

NOV

Inc

15,755‌

328‌

TechnipFMC

PLC

591,465‌

17,448‌

$

65,126‌

Packaging

&

Containers

-

3

.36

%

Amcor

PLC

57,564‌

606‌

AptarGroup

Inc

168,140‌

24,713‌

Ardagh

Group

SA

(d),(f)

901‌

—‌

Ball

Corp

12,462‌

796‌

Berry

Global

Group

Inc

4,634‌

305‌

Crown

Holdings

Inc

458,375‌

40,658‌

Graphic

Packaging

Holding

Co

12,164‌

366‌

Packaging

Corp

of

America

202,447‌

40,463‌

Sealed

Air

Corp

5,503‌

209‌

Silgan

Holdings

Inc

3,315‌

171‌

Smurfit

WestRock

PLC

10,237‌

459‌

Sonoco

Products

Co

3,917‌

211‌

$

108,957‌

Pharmaceuticals

-

0

.08

%

BellRing

Brands

Inc

(d)

5,211‌

267‌

Cardinal

Health

Inc

3,957‌

399‌

Elanco

Animal

Health

Inc

(d)

19,698‌

257‌

Henry

Schein

Inc

(d)

5,111‌

368‌

Jazz

Pharmaceuticals

PLC

(d)

2,431‌

268‌

Organon

&

Co

10,292‌

225‌

Premier

Inc

4,717‌

99‌

Viatris

Inc

47,501‌

573‌

$

2,456‌

Pipelines

-

0

.60

%

Antero

Midstream

Corp

617,832‌

8,872‌

Cheniere

Energy

Inc

4,492‌

820‌

DT

Midstream

Inc

56,014‌

4,222‌

Kinder

Morgan

Inc

77,606‌

1,640‌

New

Fortress

Energy

Inc

(e)

1,437‌

28‌

ONEOK

Inc

23,358‌

1,946‌

Williams

Cos

Inc/The

48,723‌

2,092‌

$

19,620‌

Private

Equity

-

0

.01

%

Carlyle

Group

Inc/The

8,761‌

436‌

Real

Estate

-

0

.09

%

CBRE

Group

Inc

(d)

12,244‌

1,380‌

CoStar

Group

Inc

(d)

16,244‌

1,267‌

Howard

Hughes

Holdings

Inc

(d)

1,238‌

92‌

Jones

Lang

LaSalle

Inc

(d)

1,303‌

327‌

$

3,066‌

REITs

-

8

.52

%

AGNC

Investment

Corp

27,773‌

278‌

Agree

Realty

Corp

3,962‌

273‌

Alexandria

Real

Estate

Equities

Inc

300,532‌

35,249‌

American

Homes

4

Rent

13,512‌

488‌

Americold

Realty

Trust

Inc

11,369‌

340‌

Annaly

Capital

Management

Inc

20,025‌

399‌

AvalonBay

Communities

Inc

5,677‌

1,163‌

Brixmor

Property

Group

Inc

11,988‌

305‌

BXP

Inc

6,284‌

448‌

Schedule

of

Investments

MidCap

Value

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

179

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

REITs

(continued)

Camden

Property

Trust

337,140‌

$

37,339‌

Cousins

Properties

Inc

6,059‌

167‌

Crown

Castle

Inc

17,401‌

1,915‌

CubeSmart

8,953‌

426‌

Digital

Realty

Trust

Inc

12,927‌

1,932‌

EastGroup

Properties

Inc

1,923‌

360‌

EPR

Properties

93,305‌

4,199‌

Equity

LifeStyle

Properties

Inc

346,570‌

23,802‌

Equity

Residential

151,489‌

10,549‌

Essex

Property

Trust

Inc

2,553‌

711‌

Extra

Space

Storage

Inc

8,371‌

1,336‌

Federal

Realty

Investment

Trust

3,297‌

368‌

First

Industrial

Realty

Trust

Inc

5,283‌

289‌

Gaming

and

Leisure

Properties

Inc

10,423‌

523‌

Healthcare

Realty

Trust

Inc

15,212‌

269‌

Healthpeak

Properties

Inc

28,371‌

619‌

Highwoods

Properties

Inc

4,139‌

128‌

Host

Hotels

&

Resorts

Inc

176,778‌

3,095‌

Invitation

Homes

Inc

24,495‌

864‌

Iron

Mountain

Inc

4,998‌

513‌

Kilroy

Realty

Corp

4,675‌

173‌

Kimco

Realty

Corp

26,363‌

573‌

Lamar

Advertising

Co

323,302‌

38,751‌

Lineage

Inc

(d)

188,900‌

16,601‌

Medical

Properties

Trust

Inc

23,723‌

114‌

Mid-America

Apartment

Communities

Inc

4,646‌

649‌

National

Storage

Affiliates

Trust

2,865‌

122‌

NNN

REIT

Inc

1,063,752‌

47,752‌

Omega

Healthcare

Investors

Inc

9,873‌

359‌

Park

Hotels

&

Resorts

Inc

594,314‌

8,951‌

Rayonier

Inc

5,908‌

179‌

Realty

Income

Corp

34,503‌

1,982‌

Regency

Centers

Corp

7,355‌

495‌

Rexford

Industrial

Realty

Inc

8,629‌

432‌

Rithm

Capital

Corp

19,315‌

224‌

SBA

Communications

Corp

4,292‌

942‌

Simon

Property

Group

Inc

55,008‌

8,440‌

STAG

Industrial

Inc

7,240‌

295‌

Starwood

Property

Trust

Inc

11,857‌

237‌

Sun

Communities

Inc

4,933‌

625‌

UDR

Inc

13,055‌

523‌

Ventas

Inc

16,142‌

879‌

VICI

Properties

Inc

543,555‌

16,992‌

Vornado

Realty

Trust

7,010‌

210‌

Weyerhaeuser

Co

29,177‌

927‌

WP

Carey

Inc

8,672‌

501‌

$

276,275‌

Retail

-

7

.35

%

Advance

Auto

Parts

Inc

2,381‌

151‌

AutoNation

Inc

(d)

1,029‌

196‌

Bath

&

Body

Works

Inc

9,004‌

331‌

Best

Buy

Co

Inc

8,624‌

746‌

BJ's

Wholesale

Club

Holdings

Inc

(d)

493,775‌

43,433‌

CarMax

Inc

(d)

5,850‌

494‌

Carvana

Co

(d)

2,739‌

365‌

Casey's

General

Stores

Inc

1,223‌

474‌

Darden

Restaurants

Inc

235,447‌

34,444‌

Dick's

Sporting

Goods

Inc

33,460‌

7,240‌

Dillard's

Inc

143‌

57‌

Dollar

General

Corp

8,790‌

1,058‌

Dollar

Tree

Inc

(d)

8,207‌

856‌

Domino's

Pizza

Inc

12,395‌

5,314‌

Dutch

Bros

Inc

(d)

2,213‌

85‌

Ferguson

Enterprises

Inc

7,555‌

1,682‌

Five

Below

Inc

(d)

518‌

38‌

Floor

&

Decor

Holdings

Inc

(d)

2,664‌

261‌

Freshpet

Inc

(d)

1,266‌

154‌

GameStop

Corp

(d)

10,767‌

244‌

Gap

Inc/The

237,103‌

5,567‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Retail

(continued)

Genuine

Parts

Co

5,565‌

$

819‌

Kohl's

Corp

4,416‌

96‌

Lithia

Motors

Inc

1,082‌

299‌

Macy's

Inc

10,957‌

189‌

MSC

Industrial

Direct

Co

Inc

1,835‌

163‌

Nordstrom

Inc

3,999‌

91‌

Ollie's

Bargain

Outlet

Holdings

Inc

(d)

78,246‌

7,640‌

O'Reilly

Automotive

Inc

(d)

5,807‌

6,541‌

Penske

Automotive

Group

Inc

736‌

128‌

RH

(d)

477‌

138‌

Ross

Stores

Inc

350,134‌

50,150‌

Target

Corp

256,500‌

38,580‌

Ulta

Beauty

Inc

(d)

253‌

92‌

Walgreens

Boots

Alliance

Inc

28,652‌

340‌

Wendy's

Co/The

3,499‌

59‌

Williams-Sonoma

Inc

60,104‌

9,297‌

Yum!

Brands

Inc

154,743‌

20,554‌

$

238,366‌

Savings

&

Loans

-

0

.00

%

TFS

Financial

Corp

2,524‌

34‌

Semiconductors

-

2

.10

%

Allegro

MicroSystems

Inc

(d)

3,003‌

72‌

Amkor

Technology

Inc

4,507‌

147‌

Astera

Labs

Inc

(d),(e)

981‌

43‌

Cirrus

Logic

Inc

(d)

65,983‌

8,609‌

GLOBALFOUNDRIES

Inc

(d)

3,900‌

199‌

IPG

Photonics

Corp

(d)

1,136‌

91‌

Lattice

Semiconductor

Corp

(d)

855‌

45‌

MACOM

Technology

Solutions

Holdings

Inc

(d)

2,229‌

225‌

Microchip

Technology

Inc

21,224‌

1,884‌

MKS

Instruments

Inc

248,215‌

31,251‌

ON

Semiconductor

Corp

(d)

261,285‌

20,446‌

Onto

Innovation

Inc

(d)

1,453‌

278‌

Qorvo

Inc

(d)

3,854‌

462‌

Skyworks

Solutions

Inc

36,227‌

4,116‌

Teradyne

Inc

543‌

71‌

Wolfspeed

Inc

(d)

4,977‌

94‌

$

68,033‌

Shipbuilding

-

0

.01

%

Huntington

Ingalls

Industries

Inc

1,578‌

442‌

Software

-

1

.27

%

Akamai

Technologies

Inc

(d)

254,324‌

24,995‌

ANSYS

Inc

(d)

3,489‌

1,094‌

Aspen

Technology

Inc

(d)

1,075‌

202‌

BILL

Holdings

Inc

(d)

3,077‌

154‌

Broadridge

Financial

Solutions

Inc

407‌

87‌

CCC

Intelligent

Solutions

Holdings

Inc

(d)

16,905‌

173‌

Concentrix

Corp

1,896‌

134‌

Dayforce

Inc

(d)

5,300‌

314‌

DoubleVerify

Holdings

Inc

(d)

2,964‌

63‌

Doximity

Inc

(d)

4,427‌

124‌

Dropbox

Inc

-

A

Shares

(d)

6,909‌

165‌

Electronic

Arts

Inc

10,704‌

1,616‌

Fair

Isaac

Corp

(d)

144‌

230‌

Fidelity

National

Information

Services

Inc

22,501‌

1,729‌

Guidewire

Software

Inc

(d)

1,783‌

268‌

HashiCorp

Inc

(d)

986‌

33‌

Informatica

Inc

(d)

2,548‌

61‌

Jack

Henry

&

Associates

Inc

2,899‌

497‌

Manhattan

Associates

Inc

(d)

9,033‌

2,307‌

MicroStrategy

Inc

(d)

584‌

943‌

MSCI

Inc

1,293‌

699‌

nCino

Inc

(d)

1,477‌

48‌

Nutanix

Inc

(d)

6,957‌

351‌

Paychex

Inc

8,248‌

1,056‌

Paycom

Software

Inc

750‌

125‌

Paycor

HCM

Inc

(d)

3,074‌

38‌

Playtika

Holding

Corp

3,297‌

25‌

PTC

Inc

(d)

1,861‌

331‌

Schedule

of

Investments

MidCap

Value

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

180

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Software

(continued)

SentinelOne

Inc

(d)

7,692‌

$

176‌

SS&C

Technologies

Holdings

Inc

8,600‌

627‌

Take-Two

Interactive

Software

Inc

(d)

6,714‌

1,011‌

Twilio

Inc

(d)

5,589‌

330‌

Tyler

Technologies

Inc

(d)

253‌

144‌

UiPath

Inc

(d)

2,575‌

31‌

Unity

Software

Inc

(d)

6,753‌

111‌

Zoom

Video

Communications

Inc

(d)

9,975‌

603‌

ZoomInfo

Technologies

Inc

(d)

12,480‌

142‌

$

41,037‌

Telecommunications

-

1

.19

%

Ciena

Corp

(d)

5,759‌

304‌

Corning

Inc

361,604‌

14,467‌

Frontier

Communications

Parent

Inc

(d)

9,822‌

288‌

Iridium

Communications

Inc

4,352‌

125‌

Juniper

Networks

Inc

12,864‌

485‌

Motorola

Solutions

Inc

57,300‌

22,858‌

Ubiquiti

Inc

106‌

20‌

$

38,547‌

Toys,

Games

&

Hobbies

-

0

.01

%

Hasbro

Inc

823‌

53‌

Mattel

Inc

(d)

13,708‌

265‌

$

318‌

Transportation

-

2

.89

%

CH

Robinson

Worldwide

Inc

4,587‌

409‌

Expeditors

International

of

Washington

Inc

4,728‌

590‌

JB

Hunt

Transport

Services

Inc

190,120‌

32,919‌

Kirby

Corp

(d)

2,319‌

285‌

Knight-Swift

Transportation

Holdings

Inc

605,461‌

32,956‌

Landstar

System

Inc

136,820‌

26,030‌

Ryder

System

Inc

1,722‌

241‌

Saia

Inc

(d)

439‌

183‌

Schneider

National

Inc

2,204‌

59‌

$

93,672‌

Water

-

0

.05

%

American

Water

Works

Co

Inc

7,805‌

1,111‌

Essential

Utilities

Inc

10,076‌

410‌

$

1,521‌

TOTAL

COMMON

STOCKS

$

3,165,453‌

Total

Investments

$

3,230,199‌

Other

Assets

and

Liabilities

-  0.39%

12,772‌

TOTAL

NET

ASSETS

-

100.00%

$

3,242,971‌

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$420

or

0.01%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Non-income

producing

security

(e)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$411

or

0.01%

of

net

assets.

(f)

The

value

of

these

investments

was

determined

using

significant

unobservable

inputs,

in

good

faith

by

the

Manager,

under

procedures

established

and

periodically

reviewed

by

the

Board

of

Directors.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

70,147‌

$

1,186,498‌

$

1,199,793‌

$

56,852‌

$

70,147‌

$

1,186,498‌

$

1,199,793‌

$

56,852‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

3,019‌

$

—‌

$

—‌

$

—‌

$

3,019‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

S&P

Mid

400

Emini;

September

2024

Long

67‌

$

20,905‌

$

627‌

Total

$

627‌

Amounts

in

thousands

except

contracts.

Schedule

of

Investments

Overseas

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

181

INVESTMENT

COMPANIES

-

3

.90

%

Shares

Held

Value

(000's)

Exchange-Traded

Funds

-

0

.20

%

iShares

MSCI

EAFE

Value

ETF

84,180‌

$

4,646‌

Money

Market

Funds

-

3

.70

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

6,332,005‌

6,332‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b),(c)

81,545,770‌

81,546‌

$

87,878‌

TOTAL

INVESTMENT

COMPANIES

$

92,524‌

COMMON

STOCKS

-

95

.75

%

Shares

Held

Value

(000's)

Advertising

-

0

.04

%

Dentsu

Group

Inc

1,700‌

$

45‌

Publicis

Groupe

SA

5,406‌

564‌

WPP

PLC

25,482‌

246‌

$

855‌

Aerospace

&

Defense

-

3

.94

%

BAE

Systems

PLC

846,485‌

14,118‌

Dassault

Aviation

SA

163‌

33‌

Elbit

Systems

Ltd

221‌

40‌

Leonardo

SpA

9,562‌

228‌

MTU

Aero

Engines

AG

633‌

179‌

Rheinmetall

AG

29,067‌

15,831‌

Rolls-Royce

Holdings

PLC

(d)

8,171,773‌

47,316‌

Thales

SA

99,084‌

15,750‌

$

93,495‌

Agriculture

-

0

.91

%

British

American

Tobacco

PLC

567,115‌

20,122‌

Imperial

Brands

PLC

19,390‌

534‌

Japan

Tobacco

Inc

(e)

28,200‌

830‌

Wilmar

International

Ltd

31,400‌

75‌

$

21,561‌

Airlines

-

0

.13

%

ANA

Holdings

Inc

3,800‌

73‌

Deutsche

Lufthansa

AG

14,363‌

90‌

Japan

Airlines

Co

Ltd

3,700‌

60‌

Ryanair

Holdings

PLC

ADR

25,794‌

2,613‌

Singapore

Airlines

Ltd

35,600‌

186‌

$

3,022‌

Apparel

-

1

.26

%

Kering

SA

97,500‌

29,946‌

Automobile

Manufacturers

-

0

.37

%

Bayerische

Motoren

Werke

AG

7,532‌

698‌

Daimler

Truck

Holding

AG

12,635‌

488‌

Honda

Motor

Co

Ltd

106,100‌

1,133‌

Isuzu

Motors

Ltd

13,800‌

187‌

Mazda

Motor

Corp

13,300‌

115‌

Mercedes-Benz

Group

AG

18,953‌

1,253‌

Nissan

Motor

Co

Ltd

55,100‌

175‌

Renault

SA

4,541‌

220‌

Stellantis

NV

52,352‌

872‌

Subaru

Corp

14,100‌

271‌

Suzuki

Motor

Corp

37,300‌

429‌

Toyota

Motor

Corp

87,750‌

1,686‌

Volkswagen

AG

706‌

83‌

Volvo

AB

-

A

Shares

4,807‌

125‌

Volvo

AB

-

B

Shares

37,530‌

958‌

Volvo

Car

AB

(d)

17,631‌

50‌

$

8,743‌

Automobile

Parts

&

Equipment

-

0

.77

%

Aisin

Corp

4,100‌

138‌

Bridgestone

Corp

13,400‌

547‌

Cie

Generale

des

Etablissements

Michelin

SCA

10,428‌

413‌

Continental

AG

273,511‌

16,767‌

Koito

Manufacturing

Co

Ltd

4,800‌

71‌

Sumitomo

Electric

Industries

Ltd

16,800‌

254‌

$

18,190‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Banks

-

10

.03

%

ABN

AMRO

Bank

NV

(f)

10,225‌

$

178‌

AIB

Group

PLC

40,212‌

231‌

ANZ

Group

Holdings

Ltd

71,066‌

1,352‌

Banco

Bilbao

Vizcaya

Argentaria

SA

137,953‌

1,446‌

Banco

BPM

SpA

30,425‌

211‌

Banco

Bradesco

SA

ADR

1,833,604‌

4,071‌

Banco

de

Sabadell

SA

128,519‌

271‌

Banco

Santander

SA

373,969‌

1,804‌

Bank

Hapoalim

BM

30,016‌

275‌

Bank

Leumi

Le-Israel

BM

35,979‌

310‌

Bank

of

Ireland

Group

PLC

24,585‌

278‌

Banque

Cantonale

Vaudoise

750‌

80‌

Barclays

PLC

13,806,208‌

41,285‌

BNP

Paribas

SA

465,861‌

31,918‌

BOC

Hong

Kong

Holdings

Ltd

6,598,271‌

19,197‌

CaixaBank

SA

88,631‌

517‌

Chiba

Bank

Ltd/The

12,300‌

115‌

Commerzbank

AG

24,906‌

406‌

Concordia

Financial

Group

Ltd

25,000‌

158‌

Credit

Agricole

SA

25,023‌

380‌

Danske

Bank

A/S

10,592‌

324‌

Deutsche

Bank

AG

44,776‌

697‌

DNB

Bank

ASA

20,045‌

414‌

Erste

Group

Bank

AG

7,955‌

414‌

FinecoBank

Banca

Fineco

SpA

14,434‌

245‌

Hang

Seng

Bank

Ltd

18,200‌

223‌

HSBC

Holdings

PLC

446,643‌

4,062‌

ING

Groep

NV

913,193‌

16,575‌

Intesa

Sanpaolo

SpA

224,635‌

912‌

Israel

Discount

Bank

Ltd

29,978‌

153‌

Japan

Post

Bank

Co

Ltd

34,200‌

356‌

KBC

Group

NV

5,913‌

457‌

Lloyds

Banking

Group

PLC

1,496,528‌

1,143‌

Mediobanca

Banca

di

Credito

Finanziario

SpA

12,049‌

196‌

Mitsubishi

UFJ

Financial

Group

Inc

262,400‌

3,031‌

Mizrahi

Tefahot

Bank

Ltd

3,657‌

132‌

Mizuho

Financial

Group

Inc

57,000‌

1,303‌

National

Australia

Bank

Ltd

73,317‌

1,852‌

NatWest

Group

PLC

1,905,606‌

9,041‌

Nordea

Bank

Abp

74,551‌

872‌

Oversea-Chinese

Banking

Corp

Ltd

80,000‌

890‌

Resona

Holdings

Inc

49,900‌

358‌

Shizuoka

Financial

Group

Inc

10,400‌

104‌

Skandinaviska

Enskilda

Banken

AB

37,495‌

577‌

Societe

Generale

SA

17,073‌

443‌

Standard

Chartered

PLC

2,357,820‌

23,291‌

Sumitomo

Mitsui

Financial

Group

Inc

29,600‌

2,137‌

Sumitomo

Mitsui

Trust

Holdings

Inc

15,514‌

392‌

Svenska

Handelsbanken

AB

34,462‌

348‌

Swedbank

AB

20,058‌

426‌

UniCredit

SpA

619,966‌

25,465‌

United

Overseas

Bank

Ltd

1,454,060‌

35,259‌

Westpac

Banking

Corp

82,073‌

1,604‌

$

238,179‌

Beverages

-

2

.89

%

Anheuser-Busch

InBev

SA/NV

328,823‌

19,524‌

Asahi

Group

Holdings

Ltd

(e)

485,700‌

17,880‌

Carlsberg

AS

790‌

95‌

Coca-Cola

Europacific

Partners

PLC

4,877‌

360‌

Coca-Cola

HBC

AG

(d)

2,590‌

95‌

Diageo

PLC

762,631‌

23,729‌

Heineken

Holding

NV

3,061‌

226‌

Heineken

NV

64,820‌

5,752‌

JDE

Peet's

NV

3,059‌

67‌

Kirin

Holdings

Co

Ltd

18,500‌

262‌

Pernod

Ricard

SA

4,829‌

646‌

Suntory

Beverage

&

Food

Ltd

3,100‌

111‌

$

68,747‌

Schedule

of

Investments

Overseas

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

182

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Building

Materials

-

1

.78

%

AGC

Inc

4,500‌

$

161‌

Cie

de

Saint-Gobain

SA

249,006‌

21,361‌

Geberit

AG

393‌

250‌

Heidelberg

Materials

AG

3,222‌

336‌

Holcim

AG

(d)

12,312‌

1,150‌

ROCKWOOL

A/S

220‌

97‌

Svenska

Cellulosa

AB

SCA

14,318‌

195‌

TOTO

Ltd

678,600‌

18,686‌

$

42,236‌

Chemicals

-

4

.62

%

Air

Liquide

SA

70,502‌

12,864‌

Akzo

Nobel

NV

714,386‌

44,172‌

Arkema

SA

171,103‌

15,441‌

Asahi

Kasei

Corp

30,000‌

216‌

BASF

SE

472,561‌

22,001‌

Clariant

AG

(d)

5,098‌

76‌

Croda

International

PLC

3,132‌

163‌

DSM-Firmenich

AG

4,392‌

561‌

EMS-Chemie

Holding

AG

112‌

94‌

Evonik

Industries

AG

6,207‌

126‌

ICL

Group

Ltd

18,561‌

78‌

Mitsubishi

Chemical

Group

Corp

31,900‌

188‌

Mitsui

Chemicals

Inc

3,900‌

113‌

Nissan

Chemical

Corp

2,800‌

90‌

Syensqo

SA

1,791‌

158‌

Toray

Industries

Inc

33,000‌

171‌

Tosoh

Corp

957,100‌

13,020‌

Umicore

SA

4,957‌

68‌

$

109,600‌

Commercial

Services

-

1

.85

%

Adecco

Group

AG

3,874‌

132‌

Bureau

Veritas

SA

2,775‌

87‌

Dai

Nippon

Printing

Co

Ltd

4,800‌

158‌

Intertek

Group

PLC

1,332‌

86‌

Nexi

SpA

(d),(f)

13,944‌

86‌

Persol

Holdings

Co

Ltd

7,761,200‌

13,311‌

Randstad

NV

363,519‌

17,705‌

RELX

PLC

238,185‌

11,205‌

Secom

Co

Ltd

3,200‌

204‌

Securitas

AB

(e)

11,808‌

127‌

SGS

SA

2,298‌

251‌

TOPPAN

Holdings

Inc

5,300‌

150‌

Transurban

Group

47,491‌

405‌

$

43,907‌

Computers

-

1

.04

%

Check

Point

Software

Technologies

Ltd

(d)

32,826‌

6,022‌

Fujitsu

Ltd

1,016,200‌

18,454‌

Otsuka

Corp

2,700‌

60‌

SCSK

Corp

1,400‌

27‌

Teleperformance

SE

1,271‌

164‌

$

24,727‌

Consumer

Products

-

1

.22

%

Henkel

AG

&

Co

KGaA

2,453‌

190‌

Reckitt

Benckiser

Group

PLC

534,728‌

28,765‌

$

28,955‌

Cosmetics

&

Personal

Care

-

0

.13

%

Haleon

PLC

80,906‌

363‌

Kao

Corp

5,400‌

236‌

Shiseido

Co

Ltd

6,000‌

188‌

Unilever

PLC

38,472‌

2,364‌

$

3,151‌

Distribution

&

Wholesale

-

0

.22

%

Bunzl

PLC

5,189‌

217‌

ITOCHU

Corp

28,000‌

1,436‌

Marubeni

Corp

21,900‌

412‌

Mitsubishi

Corp

79,100‌

1,634‌

Mitsui

&

Co

Ltd

21,200‌

492‌

Rexel

SA

5,465‌

139‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Distribution

&

Wholesale

(continued)

Sumitomo

Corp

24,500‌

$

609‌

Toyota

Tsusho

Corp

14,900‌

298‌

$

5,237‌

Diversified

Financial

Services

-

3

.39

%

AerCap

Holdings

NV

4,849‌

456‌

Amundi

SA

(f)

1,471‌

107‌

ASX

Ltd

1,703‌

72‌

Azimut

Holding

SpA

490,690‌

12,295‌

Daiwa

Securities

Group

Inc

32,200‌

266‌

Euronext

NV

(f)

177,905‌

17,987‌

Hargreaves

Lansdown

PLC

8,405‌

119‌

Japan

Exchange

Group

Inc

4,100‌

96‌

Julius

Baer

Group

Ltd

579,940‌

31,739‌

Mitsubishi

HC

Capital

Inc

19,100‌

137‌

Nomura

Holdings

Inc

71,100‌

438‌

ORIX

Corp

27,200‌

658‌

SBI

Holdings

Inc

4,100‌

107‌

Schroders

PLC

19,341‌

98‌

St

James's

Place

PLC

1,809,294‌

15,938‌

$

80,513‌

Electric

-

4

.59

%

Chubu

Electric

Power

Co

Inc

15,300‌

193‌

CLP

Holdings

Ltd

2,261,500‌

19,409‌

E.ON

SE

53,051‌

744‌

EDP

Renovaveis

SA

7,371‌

115‌

EDP

SA

74,126‌

306‌

Elia

Group

SA/NV

370‌

38‌

Endesa

SA

7,629‌

148‌

Enel

SpA

6,759,894‌

48,260‌

Engie

SA

43,157‌

679‌

Fortum

Oyj

1,074,435‌

16,522‌

Iberdrola

SA

140,623‌

1,857‌

Kansai

Electric

Power

Co

Inc/The

16,700‌

286‌

Mercury

NZ

Ltd

17,379‌

71‌

National

Grid

PLC

351,714‌

4,463‌

Origin

Energy

Ltd

26,453‌

182‌

Orsted

AS

(d),(f)

4,469‌

266‌

Power

Assets

Holdings

Ltd

33,000‌

210‌

Redeia

Corp

SA

9,835‌

175‌

RWE

AG

377,017‌

14,070‌

SSE

PLC

25,834‌

625‌

Terna

-

Rete

Elettrica

Nazionale

33,241‌

277‌

Tokyo

Electric

Power

Co

Holdings

Inc

(d)

36,400‌

182‌

$

109,078‌

Electrical

Components

&

Equipment

-

0

.01

%

Brother

Industries

Ltd

5,500‌

113‌

Legrand

SA

2,180‌

235‌

$

348‌

Electronics

-

1

.42

%

Kyocera

Corp

30,800‌

388‌

MINEBEA

MITSUMI

Inc

818,600‌

19,691‌

Murata

Manufacturing

Co

Ltd

613,400‌

13,647‌

$

33,726‌

Engineering

&

Construction

-

0

.48

%

Acciona

SA

615‌

80‌

ACS

Actividades

de

Construccion

y

Servicios

SA

5,021‌

224‌

Aena

SME

SA

(f)

44,480‌

8,451‌

Aeroports

de

Paris

SA

532‌

70‌

Auckland

International

Airport

Ltd

32,182‌

143‌

Bouygues

SA

4,476‌

155‌

Eiffage

SA

1,736‌

173‌

Ferrovial

SE

46‌

2‌

Kajima

Corp

9,900‌

191‌

Obayashi

Corp

15,400‌

202‌

Skanska

AB

8,172‌

160‌

Taisei

Corp

3,800‌

161‌

Vinci

SA

11,838‌

1,351‌

$

11,363‌

Schedule

of

Investments

Overseas

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

183

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Entertainment

-

0

.34

%

CTS

Eventim

AG

&

Co

KGaA

517‌

$

45‌

Entain

PLC

1,037,977‌

7,628‌

La

Francaise

des

Jeux

SAEM

(f)

2,520‌

98‌

Oriental

Land

Co

Ltd/Japan

9,000‌

258‌

Toho

Co

Ltd/Tokyo

1,800‌

64‌

$

8,093‌

Food

-

3

.30

%

Barry

Callebaut

AG

7,232‌

11,636‌

Carrefour

SA

634,864‌

9,471‌

CK

Hutchison

Holdings

Ltd

3,465,500‌

18,104‌

Coles

Group

Ltd

11,072‌

131‌

Danone

SA

259,385‌

16,851‌

J

Sainsbury

PLC

39,783‌

141‌

Kerry

Group

PLC

1,288‌

120‌

Kesko

Oyj

6,560‌

119‌

Koninklijke

Ahold

Delhaize

NV

22,304‌

718‌

MEIJI

Holdings

Co

Ltd

5,300‌

134‌

Mowi

ASA

10,995‌

186‌

Nestle

SA

22,116‌

2,240‌

Orkla

ASA

16,833‌

142‌

Salmar

ASA

1,015‌

58‌

Seven

&

i

Holdings

Co

Ltd

1,433,000‌

17,160‌

Tesco

PLC

166,314‌

709‌

WH

Group

Ltd

(f)

128,500‌

84‌

Woolworths

Group

Ltd

14,428‌

326‌

Yakult

Honsha

Co

Ltd

6,200‌

127‌

$

78,457‌

Food

Service

-

0

.45

%

Compass

Group

PLC

196,795‌

6,060‌

Sodexo

SA

48,343‌

4,579‌

$

10,639‌

Forest

Products

&

Paper

-

0

.58

%

Holmen

AB

1,900‌

75‌

Mondi

PLC

681,540‌

13,325‌

UPM-Kymmene

Oyj

8,196‌

271‌

$

13,671‌

Gas

-

1

.25

%

Centrica

PLC

7,677,722‌

13,090‌

Osaka

Gas

Co

Ltd

8,700‌

197‌

Snam

SpA

3,450,517‌

16,489‌

$

29,776‌

Hand

&

Machine

Tools

-

1

.13

%

Makita

Corp

804,800‌

26,528‌

Schindler

Holding

AG

-

PC

478‌

128‌

Schindler

Holding

AG

-

REG

292‌

77‌

$

26,733‌

Healthcare

-

Products

-

3

.97

%

Elekta

AB

1,956,974‌

12,286‌

FUJIFILM

Holdings

Corp

26,400‌

628‌

Getinge

AB

864,739‌

16,886‌

Koninklijke

Philips

NV

(d)

837,598‌

23,528‌

Olympus

Corp

1,173,200‌

20,254‌

Smith

&

Nephew

PLC

1,443,783‌

20,809‌

$

94,391‌

Healthcare

-

Services

-

0

.02

%

Fresenius

Medical

Care

AG

4,852‌

187‌

Fresenius

SE

&

Co

KGaA

(d)

9,978‌

358‌

$

545‌

Holding

Companies

-

Diversified

-

0

.01

%

Jardine

Matheson

Holdings

Ltd

3,618‌

127‌

Swire

Pacific

Ltd

10,500‌

91‌

Wharf

Holdings

Ltd/The

10,000‌

27‌

$

245‌

Home

Builders

-

1

.03

%

Barratt

Developments

PLC

23,402‌

158‌

Berkeley

Group

Holdings

PLC

55,202‌

3,604‌

Daiwa

House

Industry

Co

Ltd

13,200‌

374‌

Persimmon

PLC

978,278‌

19,949‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Home

Builders

(continued)

Sekisui

Chemical

Co

Ltd

8,900‌

$

134‌

Taylor

Wimpey

PLC

85,684‌

176‌

$

24,395‌

Home

Furnishings

-

0

.56

%

Electrolux

AB

(d)

1,446,558‌

12,885‌

Panasonic

Holdings

Corp

54,800‌

449‌

SEB

SA

625‌

62‌

$

13,396‌

Insurance

-

5

.00

%

Admiral

Group

PLC

3,124‌

111‌

Aegon

Ltd

32,154‌

208‌

Ageas

SA/NV

3,774‌

180‌

AIA

Group

Ltd

1,904,200‌

12,737‌

Allianz

SE

36,710‌

10,340‌

ASR

Nederland

NV

3,743‌

188‌

Aviva

PLC

63,975‌

412‌

AXA

SA

428,722‌

15,053‌

Baloise

Holding

AG

1,105‌

198‌

Dai-ichi

Life

Holdings

Inc

10,600‌

323‌

Generali

24,096‌

624‌

Gjensidige

Forsikring

ASA

4,726‌

80‌

Helvetia

Holding

AG

889‌

133‌

Insurance

Australia

Group

Ltd

56,412‌

273‌

Japan

Post

Holdings

Co

Ltd

49,200‌

521‌

Japan

Post

Insurance

Co

Ltd

4,500‌

93‌

Legal

&

General

Group

PLC

8,925,621‌

26,621‌

M&G

PLC

5,274,745‌

14,403‌

Medibank

Pvt

Ltd

65,040‌

169‌

MS&AD

Insurance

Group

Holdings

Inc

30,400‌

717‌

Muenchener

Rueckversicherungs-Gesellschaft

AG

in

Muenchen

3,221‌

1,586‌

NN

Group

NV

6,395‌

321‌

Phoenix

Group

Holdings

PLC

16,559‌

117‌

Prudential

PLC

3,101,094‌

27,985‌

QBE

Insurance

Group

Ltd

12,421‌

147‌

Sampo

Oyj

10,665‌

467‌

Sompo

Holdings

Inc

21,000‌

479‌

Suncorp

Group

Ltd

30,059‌

350‌

Swiss

Life

Holding

AG

698‌

534‌

Swiss

Re

AG

7,123‌

878‌

T&D

Holdings

Inc

11,400‌

214‌

Talanx

AG

1,045‌

79‌

Tryg

A/S

8,462‌

185‌

Zurich

Insurance

Group

AG

3,456‌

1,900‌

$

118,626‌

Internet

-

0

.67

%

LY

Corp

62,900‌

157‌

Prosus

NV

(d)

16,742‌

584‌

Rakuten

Group

Inc

13,200‌

77‌

Tencent

Holdings

Ltd

325,800‌

15,035‌

$

15,853‌

Investment

Companies

-

0

.04

%

Eurazeo

SE

1,083‌

85‌

EXOR

NV

2,346‌

240‌

Groupe

Bruxelles

Lambert

NV

2,128‌

159‌

Industrivarden

AB

-

A

Shares

1,898‌

65‌

Industrivarden

AB

-

C

Shares

2,533‌

86‌

L

E

Lundbergforetagen

AB

1,822‌

92‌

Sofina

SA

363‌

86‌

Washington

H

Soul

Pattinson

&

Co

Ltd

5,541‌

129‌

$

942‌

Iron

&

Steel

-

0

.54

%

ArcelorMittal

SA

503,497‌

11,465‌

BlueScope

Steel

Ltd

6,806‌

99‌

Fortescue

Ltd

40,013‌

498‌

JFE

Holdings

Inc

13,600‌

199‌

Nippon

Steel

Corp

20,200‌

439‌

voestalpine

AG

2,537‌

65‌

$

12,765‌

Schedule

of

Investments

Overseas

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

184

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Leisure

Products

&

Services

-

0

.47

%

Amadeus

IT

Group

SA

168,541‌

$

11,100‌

Yamaha

Motor

Co

Ltd

13,800‌

129‌

$

11,229‌

Lodging

-

0

.01

%

Whitbread

PLC

4,356‌

163‌

Machinery

-

Construction

&

Mining

-

0

.83

%

Hitachi

Construction

Machinery

Co

Ltd

2,700‌

67‌

Komatsu

Ltd

631,547‌

17,953‌

Mitsubishi

Electric

Corp

45,600‌

760‌

Mitsubishi

Heavy

Industries

Ltd

37,900‌

454‌

Sandvik

AB

8,816‌

181‌

Siemens

Energy

AG

(d)

7,081‌

206‌

$

19,621‌

Machinery

-

Diversified

-

3

.08

%

FANUC

Corp

915,400‌

27,138‌

GEA

Group

AG

387,057‌

17,091‌

Kone

Oyj

8,028‌

410‌

Nabtesco

Corp

874,158‌

17,306‌

Omron

Corp

4,100‌

152‌

Valmet

Oyj

387,736‌

10,981‌

$

73,078‌

Media

-

0

.03

%

Bollore

SE

17,267‌

108‌

Informa

PLC

32,152‌

359‌

Pearson

PLC

14,429‌

196‌

Vivendi

SE

11,069‌

118‌

$

781‌

Metal

Fabrication

&

Hardware

-

1

.20

%

NSK

Ltd

2,924,100‌

15,331‌

SKF

AB

699,728‌

13,008‌

Tenaris

SA

7,251‌

115‌

$

28,454‌

Mining

-

1

.49

%

Anglo

American

PLC

30,022‌

910‌

Antofagasta

PLC

4,658‌

121‌

BHP

Group

Ltd

120,005‌

3,333‌

Boliden

AB

525,594‌

16,074‌

Glencore

PLC

245,061‌

1,360‌

Norsk

Hydro

ASA

31,344‌

174‌

Rio

Tinto

Ltd

8,768‌

674‌

Rio

Tinto

PLC

26,630‌

1,732‌

Sibanye

Stillwater

Ltd

(e)

9,553,928‌

10,910‌

South32

Ltd

53,477‌

107‌

Sumitomo

Metal

Mining

Co

Ltd

2,800‌

85‌

$

35,480‌

Miscellaneous

Manufacturers

-

1

.78

%

Alstom

SA

(d),(e)

2,036,074‌

39,892‌

Knorr-Bremse

AG

911‌

73‌

Siemens

AG

11,668‌

2,137‌

Smiths

Group

PLC

8,198‌

188‌

$

42,290‌

Office

&

Business

Equipment

-

0

.04

%

Canon

Inc

(e)

23,600‌

739‌

Ricoh

Co

Ltd

12,800‌

119‌

Seiko

Epson

Corp

6,700‌

116‌

$

974‌

Oil

&

Gas

-

5

.82

%

Aker

BP

ASA

851,975‌

20,630‌

Ampol

Ltd

5,722‌

125‌

BP

PLC

5,936,225‌

35,089‌

DCC

PLC

(d)

2,390‌

165‌

ENEOS

Holdings

Inc

68,110‌

357‌

Eni

SpA

50,447‌

807‌

Equinor

ASA

628,490‌

16,643‌

Idemitsu

Kosan

Co

Ltd

21,500‌

142‌

Inpex

Corp

22,200‌

343‌

Neste

Oyj

9,996‌

202‌

OMV

AG

3,566‌

149‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Oil

&

Gas

(continued)

Repsol

SA

28,763‌

$

410‌

Santos

Ltd

76,735‌

400‌

Shell

PLC

977,852‌

35,754‌

Shell

PLC

151,542‌

5,526‌

Suncor

Energy

Inc

431,732‌

17,242‌

TotalEnergies

SE

50,828‌

3,429‌

Woodside

Energy

Group

Ltd

44,864‌

814‌

$

138,227‌

Oil

&

Gas

Services

-

0

.54

%

Saipem

SpA

(d)

5,447,669‌

12,942‌

Packaging

&

Containers

-

0

.52

%

SIG

Group

AG

(d)

2,687‌

56‌

Stora

Enso

Oyj

976,852‌

12,212‌

$

12,268‌

Pharmaceuticals

-

6

.66

%

Astellas

Pharma

Inc

42,700‌

495‌

AstraZeneca

PLC

152,806‌

24,276‌

Bayer

AG

23,210‌

691‌

Eisai

Co

Ltd

5,800‌

221‌

GSK

PLC

1,155,360‌

22,436‌

Hikma

Pharmaceuticals

PLC

3,981‌

97‌

Ipsen

SA

609‌

68‌

Novartis

AG

46,633‌

5,206‌

Ono

Pharmaceutical

Co

Ltd

8,600‌

127‌

Orion

Oyj

2,546‌

117‌

Roche

Holding

AG

133,530‌

43,231‌

Sandoz

Group

AG

9,672‌

420‌

Sanofi

SA

433,660‌

44,707‌

Shionogi

&

Co

Ltd

5,900‌

260‌

Takeda

Pharmaceutical

Co

Ltd

544,100‌

15,275‌

Teva

Pharmaceutical

Industries

Ltd

ADR

(d)

26,471‌

461‌

$

158,088‌

Pipelines

-

0

.99

%

Enbridge

Inc

(e)

631,303‌

23,626‌

Private

Equity

-

0

.04

%

3i

Group

PLC

22,994‌

925‌

CapitaLand

Investment

Ltd/Singapore

60,100‌

122‌

$

1,047‌

Real

Estate

-

0

.16

%

Azrieli

Group

Ltd

1,004‌

62‌

CK

Asset

Holdings

Ltd

45,500‌

174‌

Daito

Trust

Construction

Co

Ltd

1,400‌

168‌

Fastighets

AB

Balder

(d)

15,652‌

115‌

Henderson

Land

Development

Co

Ltd

36,438‌

102‌

Hongkong

Land

Holdings

Ltd

25,801‌

83‌

Hulic

Co

Ltd

(e)

9,500‌

93‌

LEG

Immobilien

SE

1,776‌

155‌

Mitsubishi

Estate

Co

Ltd

17,200‌

293‌

Mitsui

Fudosan

Co

Ltd

63,000‌

653‌

Nomura

Real

Estate

Holdings

Inc

2,600‌

73‌

Sekisui

House

Ltd

(e)

14,000‌

351‌

Sino

Land

Co

Ltd

94,000‌

97‌

Sumitomo

Realty

&

Development

Co

Ltd

6,700‌

222‌

Sun

Hung

Kai

Properties

Ltd

34,383‌

298‌

Swire

Properties

Ltd

29,400‌

46‌

Swiss

Prime

Site

AG

1,855‌

186‌

Vonovia

SE

17,321‌

531‌

Wharf

Real

Estate

Investment

Co

Ltd

40,000‌

98‌

$

3,800‌

REITs

-

1

.25

%

CapitaLand

Ascendas

REIT

86,300‌

176‌

CapitaLand

Integrated

Commercial

Trust

125,599‌

196‌

Covivio

SA/France

1,195‌

62‌

Dexus

25,815‌

119‌

Gecina

SA

1,100‌

109‌

GPT

Group/The

45,977‌

140‌

Japan

Real

Estate

Investment

Corp

30‌

104‌

Klepierre

SA

5,165‌

148‌

Schedule

of

Investments

Overseas

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

185

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

REITs

(continued)

Land

Securities

Group

PLC

16,994‌

$

139‌

Link

REIT

4,424,222‌

18,665‌

Mirvac

Group

94,736‌

133‌

Nippon

Building

Fund

Inc

36‌

139‌

Nippon

Prologis

REIT

Inc

57‌

94‌

Nomura

Real

Estate

Master

Fund

Inc

94‌

92‌

Scentre

Group

122,727‌

280‌

Segro

PLC

714,885‌

8,415‌

Stockland

57,846‌

175‌

Unibail-Rodamco-Westfield

2,791‌

209‌

Vicinity

Ltd

92,885‌

129‌

Warehouses

De

Pauw

CVA

4,214‌

114‌

$

29,638‌

Retail

-

1

.61

%

Associated

British

Foods

PLC

508,667‌

16,239‌

Kingfisher

PLC

2,602,464‌

9,252‌

Li

Ning

Co

Ltd

1,148,000‌

2,138‌

MatsukiyoCocokara

&

Co

4,200‌

69‌

Swatch

Group

AG/The

-

BR

699‌

144‌

Swatch

Group

AG/The

-

REG

1,321‌

54‌

Tokyo

Gas

Co

Ltd

3,000‌

66‌

Welcia

Holdings

Co

Ltd

761,300‌

10,196‌

$

38,158‌

Semiconductors

-

5

.10

%

Infineon

Technologies

AG

643,849‌

22,366‌

Renesas

Electronics

Corp

1,597,900‌

27,522‌

Rohm

Co

Ltd

7,600‌

104‌

Samsung

Electronics

Co

Ltd

844,337‌

52,064‌

SK

Hynix

Inc

132,302‌

18,975‌

SUMCO

Corp

8,100‌

133‌

$

121,164‌

Software

-

0

.99

%

SAP

SE

110,787‌

23,423‌

Temenos

AG

529‌

37‌

TIS

Inc

2,500‌

53‌

$

23,513‌

Telecommunications

-

1

.38

%

BT

Group

PLC

152,818‌

277‌

Deutsche

Telekom

AG

927,591‌

24,263‌

Elisa

Oyj

3,357‌

156‌

Hikari

Tsushin

Inc

100‌

19‌

HKT

Trust

&

HKT

Ltd

89,000‌

108‌

KDDI

Corp

35,300‌

1,062‌

Koninklijke

KPN

NV

93,252‌

367‌

Nippon

Telegraph

&

Telephone

Corp

703,200‌

749‌

Nokia

OYJ

125,994‌

495‌

Orange

SA

43,996‌

488‌

Singapore

Telecommunications

Ltd

194,200‌

449‌

SoftBank

Corp

67,500‌

881‌

SoftBank

Group

Corp

12,200‌

746‌

Spark

New

Zealand

Ltd

42,830‌

110‌

Swisscom

AG

611‌

374‌

Tele2

AB

12,997‌

134‌

Telecom

Italia

SpA/Milano

(d)

235,828‌

58‌

Telefonaktiebolaget

LM

Ericsson

65,547‌

451‌

Telefonica

SA

108,695‌

492‌

Telenor

ASA

14,877‌

177‌

Telia

Co

AB

(e)

56,636‌

165‌

Telstra

Group

Ltd

95,526‌

247‌

Vodafone

Group

PLC

543,871‌

509‌

$

32,777‌

Toys,

Games

&

Hobbies

-

0

.03

%

Bandai

Namco

Holdings

Inc

6,900‌

146‌

Nintendo

Co

Ltd

8,500‌

470‌

$

616‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Transportation

-

1

.72

%

AP

Moller

-

Maersk

A/S

-

A

70‌

$

114‌

AP

Moller

-

Maersk

A/S

-

B

106‌

175‌

Aurizon

Holdings

Ltd

29,831‌

73‌

Canadian

Pacific

Kansas

City

Ltd

243,537‌

20,423‌

Central

Japan

Railway

Co

18,300‌

431‌

Deutsche

Post

AG

388,853‌

17,345‌

East

Japan

Railway

Co

21,400‌

408‌

Getlink

SE

4,646‌

83‌

Hankyu

Hanshin

Holdings

Inc

5,300‌

151‌

Kawasaki

Kisen

Kaisha

Ltd

9,100‌

140‌

Keisei

Electric

Railway

Co

Ltd

2,100‌

63‌

Kuehne

+

Nagel

International

AG

1,140‌

353‌

Mitsui

OSK

Lines

Ltd

8,100‌

257‌

Nippon

Express

Holdings

Inc

1,700‌

84‌

Nippon

Yusen

KK

10,800‌

348‌

Poste

Italiane

SpA

(f)

11,082‌

150‌

Tokyu

Corp

11,600‌

141‌

West

Japan

Railway

Co

10,300‌

203‌

$

40,942‌

Water

-

0

.03

%

Severn

Trent

PLC

3,231‌

107‌

United

Utilities

Group

PLC

16,109‌

214‌

Veolia

Environnement

SA

16,281‌

511‌

$

832‌

TOTAL

COMMON

STOCKS

$

2,273,814‌

PREFERRED

STOCKS

-

1

.99

%

Shares

Held

Value

(000's)

Automobile

Manufacturers

-

0

.80

%

Bayerische

Motoren

Werke

AG

6.02%

1,411‌

$

121‌

Dr

Ing

hc

F

Porsche

AG

2.31%

(f)

241,344‌

18,173‌

Porsche

Automobil

Holding

SE

2.56%

3,617‌

162‌

Volkswagen

AG

9.06%

4,869‌

544‌

$

19,000‌

Consumer

Products

-

1

.19

%

Henkel

AG

&

Co

KGaA

1.85%

331,210‌

28,332‌

TOTAL

PREFERRED

STOCKS

$

47,332‌

Total

Investments

$

2,413,670‌

Other

Assets

and

Liabilities

-  (1.64)%

(

38,922‌

)

TOTAL

NET

ASSETS

-

100.00%

$

2,374,748‌

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$42,892

or

1.81%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Non-income

producing

security

(e)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$44,945

or

1.89%

of

net

assets.

(f)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$45,580

or

1.92%

of

net

assets.

Schedule

of

Investments

Overseas

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

186

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

59,132‌

$

1,024,764‌

$

1,002,350‌

$

81,546‌

$

59,132‌

$

1,024,764‌

$

1,002,350‌

$

81,546‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

1,782‌

$

—‌

$

—‌

$

—‌

$

1,782‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

eMini

MSCI

EAFE;

September

2024

Long

65‌

$

7,767‌

$

180‌

Total

$

180‌

Amounts

in

thousands

except

contracts.

Schedule

of

Investments

Principal

Capital

Appreciation

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

187

INVESTMENT

COMPANIES

-

1

.05

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

1

.05

%

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b)

48,266,269‌

$

48,266‌

TOTAL

INVESTMENT

COMPANIES

$

48,266‌

COMMON

STOCKS

-

99

.09

%

Shares

Held

Value

(000's)

Aerospace

&

Defense

-

0

.82

%

RTX

Corp

323,051‌

$

37,955‌

Apparel

-

0

.55

%

Deckers

Outdoor

Corp

(c)

27,589‌

25,455‌

Automobile

Manufacturers

-

1

.80

%

Cummins

Inc

106,303‌

31,019‌

PACCAR

Inc

319,297‌

31,502‌

Tesla

Inc

(c)

88,308‌

20,494‌

$

83,015‌

Banks

-

5

.59

%

East

West

Bancorp

Inc

322,856‌

28,376‌

JPMorgan

Chase

&

Co

572,567‌

121,842‌

Morgan

Stanley

446,270‌

46,060‌

PNC

Financial

Services

Group

Inc/The

280,476‌

50,794‌

Wintrust

Financial

Corp

103,201‌

11,166‌

$

258,238‌

Beverages

-

0

.65

%

Keurig

Dr

Pepper

Inc

422,699‌

14,490‌

Monster

Beverage

Corp

(c)

298,709‌

15,369‌

$

29,859‌

Biotechnology

-

2

.18

%

Corteva

Inc

502,246‌

28,176‌

Regeneron

Pharmaceuticals

Inc

(c)

35,270‌

38,063‌

Vertex

Pharmaceuticals

Inc

(c)

69,532‌

34,468‌

$

100,707‌

Building

Materials

-

2

.16

%

CRH

PLC

641,620‌

54,987‌

Trane

Technologies

PLC

134,008‌

44,796‌

$

99,783‌

Chemicals

-

0

.71

%

Linde

PLC

72,583‌

32,916‌

Computers

-

6

.79

%

Amdocs

Ltd

201,529‌

17,628‌

Apple

Inc

1,251,130‌

277,851‌

Dell

Technologies

Inc

156,346‌

17,773‌

$

313,252‌

Consumer

Products

-

1

.21

%

Avery

Dennison

Corp

158,503‌

34,368‌

Church

&

Dwight

Co

Inc

217,650‌

21,332‌

$

55,700‌

Distribution

&

Wholesale

-

0

.25

%

Pool

Corp

30,607‌

11,448‌

Diversified

Financial

Services

-

4

.83

%

Ameriprise

Financial

Inc

130,223‌

56,005‌

BlackRock

Inc

33,714‌

29,550‌

Nasdaq

Inc

569,332‌

38,533‌

Visa

Inc

371,895‌

98,801‌

$

222,889‌

Electric

-

1

.84

%

Constellation

Energy

Corp

209,031‌

39,674‌

NextEra

Energy

Inc

476,335‌

36,387‌

Vistra

Corp

114,946‌

9,106‌

$

85,167‌

Electronics

-

0

.76

%

NEXTracker

Inc

(c)

339,113‌

16,664‌

nVent

Electric

PLC

256,521‌

18,631‌

$

35,295‌

Energy

-

Alternate

Sources

-

0

.15

%

Enphase

Energy

Inc

(c)

61,081‌

7,031‌

Environmental

Control

-

1

.49

%

Republic

Services

Inc

353,496‌

68,691‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Food

-

1

.11

%

Hershey

Co/The

144,825‌

$

28,600‌

Simply

Good

Foods

Co/The

(c)

665,808‌

22,584‌

$

51,184‌

Healthcare

-

Products

-

2

.50

%

Abbott

Laboratories

312,397‌

33,095‌

GE

HealthCare

Technologies

Inc

350,482‌

29,661‌

Thermo

Fisher

Scientific

Inc

85,870‌

52,668‌

$

115,424‌

Healthcare

-

Services

-

3

.26

%

HCA

Healthcare

Inc

153,343‌

55,671‌

UnitedHealth

Group

Inc

164,624‌

94,850‌

$

150,521‌

Insurance

-

2

.22

%

Berkshire

Hathaway

Inc

-

Class

B

(c)

90,064‌

39,493‌

Marsh

&

McLennan

Cos

Inc

173,142‌

38,536‌

Progressive

Corp/The

113,177‌

24,234‌

$

102,263‌

Internet

-

9

.69

%

Airbnb

Inc

(c)

78,810‌

10,999‌

Alphabet

Inc

-

A

Shares

954,796‌

163,786‌

Amazon.com

Inc

(c)

801,543‌

149,872‌

Meta

Platforms

Inc

234,505‌

111,350‌

Netflix

Inc

(c)

18,138‌

11,397‌

$

447,404‌

Machinery

-

Construction

&

Mining

-

1

.53

%

Caterpillar

Inc

118,489‌

41,021‌

GE

Vernova

Inc

(c)

165,898‌

29,570‌

$

70,591‌

Machinery

-

Diversified

-

0

.50

%

Deere

&

Co

62,310‌

23,178‌

Media

-

0

.51

%

Comcast

Corp

-

Class

A

566,842‌

23,394‌

Miscellaneous

Manufacturers

-

1

.12

%

Parker-Hannifin

Corp

92,225‌

51,753‌

Oil

&

Gas

-

4

.05

%

Chevron

Corp

208,464‌

33,452‌

EOG

Resources

Inc

268,763‌

34,079‌

Exxon

Mobil

Corp

599,973‌

71,151‌

Marathon

Petroleum

Corp

272,383‌

48,217‌

$

186,899‌

Pharmaceuticals

-

4

.80

%

Eli

Lilly

&

Co

54,938‌

44,185‌

McKesson

Corp

103,336‌

63,760‌

Merck

&

Co

Inc

581,916‌

65,832‌

Novartis

AG

ADR

429,946‌

47,931‌

$

221,708‌

Private

Equity

-

1

.12

%

KKR

&

Co

Inc

417,964‌

51,598‌

REITs

-

2

.87

%

Equinix

Inc

40,170‌

31,744‌

Extra

Space

Storage

Inc

353,467‌

56,421‌

Prologis

Inc

352,387‌

44,418‌

$

132,583‌

Retail

-

7

.49

%

Casey's

General

Stores

Inc

118,595‌

45,996‌

Costco

Wholesale

Corp

101,380‌

83,335‌

Domino's

Pizza

Inc

31,642‌

13,565‌

Home

Depot

Inc/The

81,242‌

29,910‌

O'Reilly

Automotive

Inc

(c)

53,666‌

60,446‌

TJX

Cos

Inc/The

440,117‌

49,742‌

Tractor

Supply

Co

90,681‌

23,878‌

Ulta

Beauty

Inc

(c)

57,980‌

21,156‌

Williams-Sonoma

Inc

116,072‌

17,954‌

$

345,982‌

Schedule

of

Investments

Principal

Capital

Appreciation

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

188

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Semiconductors

-

10

.23

%

Advanced

Micro

Devices

Inc

(c)

94,641‌

$

13,674‌

Broadcom

Inc

627,818‌

100,878‌

Lam

Research

Corp

71,976‌

66,307‌

Microchip

Technology

Inc

401,562‌

35,651‌

NVIDIA

Corp

1,706,841‌

199,735‌

Taiwan

Semiconductor

Manufacturing

Co

Ltd

ADR

203,089‌

33,672‌

Teradyne

Inc

169,240‌

22,197‌

$

472,114‌

Software

-

10

.84

%

Adobe

Inc

(c)

86,431‌

47,680‌

Fair

Isaac

Corp

(c)

17,486‌

27,978‌

Fiserv

Inc

(c)

159,500‌

26,089‌

Microsoft

Corp

633,016‌

264,822‌

Oracle

Corp

423,540‌

59,063‌

Roper

Technologies

Inc

50,910‌

27,733‌

Salesforce

Inc

180,894‌

46,815‌

$

500,180‌

Telecommunications

-

1

.39

%

T-Mobile

US

Inc

351,940‌

64,152‌

Transportation

-

1

.42

%

Old

Dominion

Freight

Line

Inc

150,503‌

31,633‌

Union

Pacific

Corp

136,961‌

33,792‌

$

65,425‌

Water

-

0

.66

%

American

Water

Works

Co

Inc

213,354‌

30,373‌

TOTAL

COMMON

STOCKS

$

4,574,127‌

Total

Investments

$

4,622,393‌

Other

Assets

and

Liabilities

-  (0.14)%

(

6,340‌

)

TOTAL

NET

ASSETS

-

100.00%

$

4,616,053‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

1-day

yield

shown

is

as

of

period

end.

(c)

Non-income

producing

security

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

89,715‌

$

682,675‌

$

724,124‌

$

48,266‌

$

89,715‌

$

682,675‌

$

724,124‌

$

48,266‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

1,949‌

$

—‌

$

—‌

$

—‌

$

1,949‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Schedule

of

Investments

Principal

LifeTime

2015

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

189

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

54

.97

%

Blue

Chip

Fund

(a)

227,372‌

$

10,232‌

Core

Fixed

Income

Fund

(a)

9,499,734‌

81,698‌

Diversified

International

Fund

(a)

956,034‌

13,776‌

Diversified

Real

Asset

Fund

(a)

486,164‌

5,533‌

International

Small

Company

Fund

(a)

184,996‌

1,992‌

LargeCap

Growth

Fund

I

(a)

501,945‌

10,049‌

MidCap

Fund

(a)

37,365‌

1,645‌

MidCap

Value

Fund

I

(a)

99,366‌

1,811‌

Origin

Emerging

Markets

Fund

(a)

290,209‌

3,079‌

SmallCap

Growth

Fund

I

(a),(b)

109,798‌

1,712‌

SmallCap

Value

Fund

II

(a)

143,849‌

1,912‌

$

133,439‌

Principal

Funds,

Inc.

Institutional

Class

-

45

.04

%

Equity

Income

Fund

(a)

226,341‌

9,443‌

High

Income

Fund

(a)

2,108,973‌

17,462‌

Inflation

Protection

Fund

(a)

1,797,942‌

14,132‌

LargeCap

S&P

500

Index

Fund

(a)

384,650‌

10,451‌

LargeCap

Value

Fund

III

(a)

473,313‌

9,480‌

MidCap

Growth

Fund

III

(a),(b)

102,905‌

1,193‌

Overseas

Fund

(a)

504,811‌

5,674‌

Short-Term

Income

Fund

(a)

3,468,995‌

41,489‌

$

109,324‌

TOTAL

INVESTMENT

COMPANIES

$

242,763‌

Total

Investments

$

242,763‌

Other

Assets

and

Liabilities

-  (0.01)%

(

32‌

)

TOTAL

NET

ASSETS

-

100.00%

$

242,731‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

Non-income

producing

security

Schedule

of

Investments

Principal

LifeTime

2015

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

190

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

9,558‌

$

1,090‌

$

3,368‌

$

10,232‌

Core

Fixed

Income

Fund

82,914‌

10,550‌

18,113‌

81,698‌

Diversified

International

Fund

12,820‌

2,123‌

3,910‌

13,776‌

Diversified

Real

Asset

Fund

5,768‌

432‌

1,291‌

5,533‌

Equity

Income

Fund

8,204‌

1,521‌

2,288‌

9,443‌

High

Income

Fund

16,628‌

3,060‌

3,365‌

17,462‌

Inflation

Protection

Fund

15,439‌

1,811‌

3,738‌

14,132‌

International

Small

Company

Fund

1,900‌

339‌

633‌

1,992‌

LargeCap

Growth

Fund

I

9,391‌

1,685‌

3,316‌

10,049‌

LargeCap

S&P

500

Index

Fund

9,216‌

1,508‌

2,638‌

10,451‌

LargeCap

Value

Fund

III

8,284‌

1,853‌

2,293‌

9,480‌

MidCap

Fund

1,564‌

115‌

506‌

1,645‌

MidCap

Growth

Fund

III

3,856‌

454‌

3,629‌

1,193‌

MidCap

Value

Fund

I

5,499‌

501‌

5,160‌

1,811‌

Origin

Emerging

Markets

Fund

3,345‌

216‌

1,109‌

3,079‌

Overseas

Fund

7,297‌

717‌

3,047‌

5,674‌

Short-Term

Income

Fund

42,408‌

6,339‌

8,635‌

41,489‌

SmallCap

Growth

Fund

I

1,552‌

344‌

660‌

1,712‌

SmallCap

Value

Fund

II

1,697‌

422‌

663‌

1,912‌

$

247,340‌

$

35,080‌

$

68,362‌

$

242,763‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

3‌

$

1,746‌

$

—‌

$

1,206‌

Core

Fixed

Income

Fund

2,185‌

(

1,281‌

)

—‌

7,628‌

Diversified

International

Fund

358‌

591‌

—‌

2,152‌

Diversified

Real

Asset

Fund

119‌

(

32‌

)

—‌

656‌

Equity

Income

Fund

135‌

636‌

63‌

1,370‌

High

Income

Fund

891‌

(

131‌

)

—‌

1,270‌

Inflation

Protection

Fund

542‌

4‌

—‌

616‌

International

Small

Company

Fund

41‌

19‌

—‌

367‌

LargeCap

Growth

Fund

I

9‌

1,595‌

585‌

694‌

LargeCap

S&P

500

Index

Fund

139‌

823‌

266‌

1,542‌

LargeCap

Value

Fund

III

160‌

284‌

123‌

1,352‌

MidCap

Fund

2‌

228‌

43‌

244‌

MidCap

Growth

Fund

III

—‌

444‌

293‌

68‌

MidCap

Value

Fund

I

83‌

1,363‌

189‌

(

392‌

)

Origin

Emerging

Markets

Fund

82‌

38‌

—‌

589‌

Overseas

Fund

338‌

431‌

143‌

276‌

Short-Term

Income

Fund

1,107‌

(

71‌

)

—‌

1,448‌

SmallCap

Growth

Fund

I

—‌

173‌

—‌

303‌

SmallCap

Value

Fund

II

52‌

73‌

8‌

383‌

$

6,246‌

$

6,933‌

$

1,713‌

$

21,772‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

2020

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

191

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

57

.03

%

Blue

Chip

Fund

(a)

2,707,430‌

$

121,834‌

Core

Fixed

Income

Fund

(a)

88,369,967‌

759,982‌

Diversified

International

Fund

(a)

11,393,538‌

164,181‌

Diversified

Real

Asset

Fund

(a)

4,762,991‌

54,203‌

International

Small

Company

Fund

(a)

2,207,095‌

23,771‌

LargeCap

Growth

Fund

I

(a)

5,977,263‌

119,665‌

MidCap

Fund

(a)

391,966‌

17,258‌

MidCap

Value

Fund

I

(a)

1,250,147‌

22,790‌

Origin

Emerging

Markets

Fund

(a)

3,462,411‌

36,736‌

SmallCap

Growth

Fund

I

(a),(b)

1,342,419‌

20,928‌

SmallCap

Value

Fund

II

(a)

1,673,330‌

22,239‌

$

1,363,587‌

Principal

Funds,

Inc.

Institutional

Class

-

42

.98

%

Equity

Income

Fund

(a)

2,695,836‌

112,470‌

High

Income

Fund

(a)

18,484,964‌

153,056‌

Inflation

Protection

Fund

(a)

15,774,741‌

123,989‌

LargeCap

S&P

500

Index

Fund

(a)

4,606,432‌

125,157‌

LargeCap

Value

Fund

III

(a)

5,637,044‌

112,910‌

MidCap

Growth

Fund

III

(a),(b)

1,321,505‌

15,316‌

Overseas

Fund

(a)

6,020,288‌

67,668‌

Short-Term

Income

Fund

(a)

26,507,862‌

317,034‌

$

1,027,600‌

TOTAL

INVESTMENT

COMPANIES

$

2,391,187‌

Total

Investments

$

2,391,187‌

Other

Assets

and

Liabilities

-  (0.01)%

(

222‌

)

TOTAL

NET

ASSETS

-

100.00%

$

2,390,965‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

Non-income

producing

security

Schedule

of

Investments

Principal

LifeTime

2020

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

192

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

109,706‌

$

9,768‌

$

32,195‌

$

121,834‌

Core

Fixed

Income

Fund

742,812‌

70,469‌

110,903‌

759,982‌

Diversified

International

Fund

150,063‌

14,688‌

33,063‌

164,181‌

Diversified

Real

Asset

Fund

51,633‌

4,991‌

8,322‌

54,203‌

Equity

Income

Fund

93,924‌

14,665‌

19,659‌

112,470‌

High

Income

Fund

139,892‌

22,796‌

19,367‌

153,056‌

Inflation

Protection

Fund

129,712‌

11,403‌

22,439‌

123,989‌

International

Small

Company

Fund

21,951‌

2,353‌

5,084‌

23,771‌

LargeCap

Growth

Fund

I

107,827‌

16,735‌

31,715‌

119,665‌

LargeCap

S&P

500

Index

Fund

104,020‌

14,708‌

21,073‌

125,157‌

LargeCap

Value

Fund

III

94,775‌

18,599‌

19,705‌

112,910‌

MidCap

Fund

16,107‌

519‌

4,316‌

17,258‌

MidCap

Growth

Fund

III

45,751‌

3,671‌

40,286‌

15,316‌

MidCap

Value

Fund

I

63,070‌

3,344‌

55,070‌

22,790‌

Origin

Emerging

Markets

Fund

37,627‌

1,240‌

9,422‌

36,736‌

Overseas

Fund

81,866‌

5,640‌

28,126‌

67,668‌

Short-Term

Income

Fund

304,581‌

44,976‌

42,734‌

317,034‌

SmallCap

Growth

Fund

I

18,727‌

1,560‌

5,272‌

20,928‌

SmallCap

Value

Fund

II

19,168‌

2,257‌

4,457‌

22,239‌

$

2,333,212‌

$

264,382‌

$

513,208‌

$

2,391,187‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

39‌

$

18,480‌

$

—‌

$

16,075‌

Core

Fixed

Income

Fund

20,221‌

(

7,269‌

)

—‌

64,873‌

Diversified

International

Fund

4,300‌

73‌

—‌

32,420‌

Diversified

Real

Asset

Fund

1,143‌

205‌

—‌

5,696‌

Equity

Income

Fund

1,591‌

6,056‌

738‌

17,484‌

High

Income

Fund

7,767‌

(

270‌

)

—‌

10,005‌

Inflation

Protection

Fund

4,678‌

(

1,344‌

)

—‌

6,657‌

International

Small

Company

Fund

482‌

26‌

—‌

4,525‌

LargeCap

Growth

Fund

I

108‌

13,476‌

6,851‌

13,342‌

LargeCap

S&P

500

Index

Fund

1,598‌

6,278‌

3,067‌

21,224‌

LargeCap

Value

Fund

III

1,874‌

2,371‌

1,435‌

16,870‌

MidCap

Fund

21‌

2,437‌

451‌

2,511‌

MidCap

Growth

Fund

III

—‌

5,190‌

3,560‌

990‌

MidCap

Value

Fund

I

972‌

15,120‌

2,218‌

(

3,674‌

)

Origin

Emerging

Markets

Fund

939‌

546‌

—‌

6,745‌

Overseas

Fund

3,860‌

3,472‌

1,628‌

4,816‌

Short-Term

Income

Fund

8,278‌

(

13‌

)

—‌

10,224‌

SmallCap

Growth

Fund

I

—‌

1,070‌

—‌

4,843‌

SmallCap

Value

Fund

II

604‌

505‌

89‌

4,766‌

$

58,475‌

$

66,409‌

$

20,037‌

$

240,392‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

2025

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

193

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

59

.75

%

Blue

Chip

Fund

(a)

2,119,159‌

$

95,362‌

Core

Fixed

Income

Fund

(a)

56,636,055‌

487,070‌

Diversified

International

Fund

(a)

8,900,661‌

128,258‌

Diversified

Real

Asset

Fund

(a)

3,174,065‌

36,121‌

International

Small

Company

Fund

(a)

1,724,074‌

18,568‌

LargeCap

Growth

Fund

I

(a)

4,680,863‌

93,711‌

MidCap

Fund

(a)

345,691‌

15,221‌

MidCap

Value

Fund

I

(a)

929,386‌

16,943‌

Origin

Emerging

Markets

Fund

(a)

2,706,229‌

28,713‌

SmallCap

Growth

Fund

I

(a),(b)

1,033,924‌

16,119‌

SmallCap

Value

Fund

II

(a)

1,327,542‌

17,643‌

$

953,729‌

Principal

Funds,

Inc.

Institutional

Class

-

40

.26

%

Equity

Income

Fund

(a)

2,114,802‌

88,229‌

High

Income

Fund

(a)

10,814,817‌

89,547‌

Inflation

Protection

Fund

(a)

9,241,182‌

72,636‌

LargeCap

S&P

500

Index

Fund

(a)

3,553,908‌

96,560‌

LargeCap

Value

Fund

III

(a)

4,420,784‌

88,548‌

MidCap

Growth

Fund

III

(a),(b)

957,710‌

11,100‌

Overseas

Fund

(a)

4,703,837‌

52,871‌

Short-Term

Income

Fund

(a)

11,961,392‌

143,058‌

$

642,549‌

TOTAL

INVESTMENT

COMPANIES

$

1,596,278‌

Total

Investments

$

1,596,278‌

Other

Assets

and

Liabilities

-  (0.01)%

(

100‌

)

TOTAL

NET

ASSETS

-

100.00%

$

1,596,178‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

Non-income

producing

security

Schedule

of

Investments

Principal

LifeTime

2025

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

194

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

82,517‌

$

9,839‌

$

23,161‌

$

95,362‌

Core

Fixed

Income

Fund

443,173‌

66,800‌

58,032‌

487,070‌

Diversified

International

Fund

109,096‌

16,788‌

21,858‌

128,258‌

Diversified

Real

Asset

Fund

37,357‌

1,667‌

6,931‌

36,121‌

Equity

Income

Fund

71,110‌

13,860‌

14,709‌

88,229‌

High

Income

Fund

77,020‌

16,442‌

9,341‌

89,547‌

Inflation

Protection

Fund

71,689‌

9,232‌

11,333‌

72,636‌

International

Small

Company

Fund

16,782‌

1,803‌

3,493‌

18,568‌

LargeCap

Growth

Fund

I

81,448‌

15,148‌

23,262‌

93,711‌

LargeCap

S&P

500

Index

Fund

79,895‌

13,551‌

17,927‌

96,560‌

LargeCap

Value

Fund

III

71,825‌

16,792‌

14,750‌

88,548‌

MidCap

Fund

13,111‌

727‌

2,746‌

15,221‌

MidCap

Growth

Fund

III

32,997‌

3,362‌

29,694‌

11,100‌

MidCap

Value

Fund

I

45,961‌

3,440‌

40,908‌

16,943‌

Origin

Emerging

Markets

Fund

27,864‌

1,817‌

6,428‌

28,713‌

Overseas

Fund

59,510‌

5,167‌

18,046‌

52,871‌

Short-Term

Income

Fund

126,034‌

28,195‌

15,530‌

143,058‌

SmallCap

Growth

Fund

I

13,301‌

2,318‌

3,777‌

16,119‌

SmallCap

Value

Fund

II

14,434‌

2,951‌

3,790‌

17,643‌

$

1,475,124‌

$

229,899‌

$

325,716‌

$

1,596,278‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

29‌

$

12,416‌

$

—‌

$

13,751‌

Core

Fixed

Income

Fund

12,460‌

(

525‌

)

—‌

35,654‌

Diversified

International

Fund

3,152‌

80‌

—‌

24,152‌

Diversified

Real

Asset

Fund

777‌

(

214‌

)

—‌

4,242‌

Equity

Income

Fund

1,218‌

(

80‌

)

565‌

18,048‌

High

Income

Fund

4,396‌

73‌

—‌

5,353‌

Inflation

Protection

Fund

2,609‌

37‌

—‌

3,011‌

International

Small

Company

Fund

372‌

4‌

—‌

3,472‌

LargeCap

Growth

Fund

I

82‌

(

1,395‌

)

5,212‌

21,772‌

LargeCap

S&P

500

Index

Fund

1,236‌

681‌

2,372‌

20,360‌

LargeCap

Value

Fund

III

1,433‌

106‌

1,097‌

14,575‌

MidCap

Fund

17‌

975‌

372‌

3,154‌

MidCap

Growth

Fund

III

—‌

3,690‌

2,589‌

745‌

MidCap

Value

Fund

I

715‌

8,664‌

1,630‌

(

214‌

)

Origin

Emerging

Markets

Fund

701‌

499‌

—‌

4,961‌

Overseas

Fund

2,824‌

1,262‌

1,190‌

4,978‌

Short-Term

Income

Fund

3,548‌

40‌

—‌

4,319‌

SmallCap

Growth

Fund

I

—‌

640‌

—‌

3,637‌

SmallCap

Value

Fund

II

460‌

284‌

67‌

3,764‌

$

36,029‌

$

27,237‌

$

15,094‌

$

189,734‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

2030

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

195

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

65

.56

%

Blue

Chip

Fund

(a)

8,729,313‌

$

392,819‌

Core

Fixed

Income

Fund

(a)

199,839,111‌

1,718,616‌

Diversified

International

Fund

(a)

36,681,874‌

528,586‌

International

Small

Company

Fund

(a)

7,121,001‌

76,693‌

LargeCap

Growth

Fund

I

(a)

19,285,243‌

386,091‌

MidCap

Fund

(a)

1,398,317‌

61,568‌

MidCap

Value

Fund

I

(a)

3,924,356‌

71,541‌

Origin

Emerging

Markets

Fund

(a)

11,157,100‌

118,377‌

Real

Estate

Securities

Fund

(a)

4,395,891‌

126,777‌

SmallCap

Growth

Fund

I

(a),(b)

4,167,856‌

64,977‌

SmallCap

Value

Fund

II

(a)

5,612,934‌

74,596‌

$

3,620,641‌

Principal

Funds,

Inc.

Institutional

Class

-

34

.45

%

Equity

Income

Fund

(a)

8,724,505‌

363,986‌

High

Income

Fund

(a)

33,491,555‌

277,310‌

Inflation

Protection

Fund

(a)

12,009,174‌

94,392‌

LargeCap

S&P

500

Index

Fund

(a)

14,573,167‌

395,953‌

LargeCap

Value

Fund

III

(a)

18,234,666‌

365,241‌

MidCap

Growth

Fund

III

(a),(b)

4,062,577‌

47,085‌

Overseas

Fund

(a)

19,389,968‌

217,943‌

Short-Term

Income

Fund

(a)

11,766,446‌

140,727‌

$

1,902,637‌

TOTAL

INVESTMENT

COMPANIES

$

5,523,278‌

Total

Investments

$

5,523,278‌

Other

Assets

and

Liabilities

-  (0.01)%

(

391‌

)

TOTAL

NET

ASSETS

-

100.00%

$

5,522,887‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

Non-income

producing

security

Schedule

of

Investments

Principal

LifeTime

2030

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

196

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

325,696‌

$

36,988‌

$

74,268‌

$

392,819‌

Core

Fixed

Income

Fund

1,693,421‌

237,578‌

340,202‌

1,718,616‌

Diversified

International

Fund

438,145‌

54,445‌

61,909‌

528,586‌

Equity

Income

Fund

279,512‌

50,636‌

38,094‌

363,986‌

High

Income

Fund

235,538‌

44,403‌

19,258‌

277,310‌

Inflation

Protection

Fund

—‌

118,532‌

28,546‌

94,392‌

International

Small

Company

Fund

69,724‌

2,632‌

9,993‌

76,693‌

LargeCap

Growth

Fund

I

320,448‌

57,955‌

73,476‌

386,091‌

LargeCap

S&P

500

Index

Fund

297,619‌

54,924‌

37,872‌

395,953‌

LargeCap

Value

Fund

III

282,517‌

61,910‌

38,188‌

365,241‌

MidCap

Fund

52,129‌

2,022‌

9,119‌

61,568‌

MidCap

Growth

Fund

III

132,217‌

11,497‌

114,442‌

47,085‌

MidCap

Value

Fund

I

186,616‌

11,111‌

160,661‌

71,541‌

Origin

Emerging

Markets

Fund

111,768‌

4,306‌

19,794‌

118,377‌

Overseas

Fund

239,426‌

17,780‌

64,430‌

217,943‌

Real

Estate

Securities

Fund

107,471‌

4,928‌

10,243‌

126,777‌

Short-Term

Income

Fund

—‌

142,303‌

3,564‌

140,727‌

SmallCap

Growth

Fund

I

52,766‌

6,508‌

11,348‌

64,977‌

SmallCap

Value

Fund

II

59,882‌

9,318‌

11,484‌

74,596‌

$

4,884,895‌

$

929,776‌

$

1,126,891‌

$

5,523,278‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

116‌

$

6,566‌

$

—‌

$

97,837‌

Core

Fixed

Income

Fund

46,159‌

(

7,313‌

)

—‌

135,132‌

Diversified

International

Fund

12,715‌

329‌

—‌

97,576‌

Equity

Income

Fund

4,899‌

228‌

2,217‌

71,704‌

High

Income

Fund

13,608‌

56‌

—‌

16,571‌

Inflation

Protection

Fund

—‌

569‌

—‌

3,837‌

International

Small

Company

Fund

1,555‌

128‌

—‌

14,202‌

LargeCap

Growth

Fund

I

325‌

1,820‌

20,567‌

79,344‌

LargeCap

S&P

500

Index

Fund

4,618‌

1,205‌

8,860‌

80,077‌

LargeCap

Value

Fund

III

5,654‌

1,806‌

4,329‌

57,196‌

MidCap

Fund

69‌

50‌

1,479‌

16,486‌

MidCap

Growth

Fund

III

—‌

14,238‌

10,410‌

3,575‌

MidCap

Value

Fund

I

2,913‌

39,168‌

6,642‌

(

4,693‌

)

Origin

Emerging

Markets

Fund

2,824‌

1,637‌

—‌

20,460‌

Overseas

Fund

11,396‌

5,068‌

4,803‌

20,099‌

Real

Estate

Securities

Fund

2,191‌

(

1,297‌

)

—‌

25,918‌

Short-Term

Income

Fund

1,387‌

3‌

—‌

1,985‌

SmallCap

Growth

Fund

I

—‌

2,158‌

—‌

14,893‌

SmallCap

Value

Fund

II

1,916‌

690‌

281‌

16,190‌

$

112,345‌

$

67,109‌

$

59,588‌

$

768,389‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

2035

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

197

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

66

.55

%

Blue

Chip

Fund

(a)

3,594,426‌

$

161,749‌

Core

Fixed

Income

Fund

(a)

62,193,682‌

534,866‌

Diversified

International

Fund

(a)

15,140,322‌

218,172‌

International

Small

Company

Fund

(a)

2,945,225‌

31,720‌

LargeCap

Growth

Fund

I

(a)

7,945,269‌

159,064‌

MidCap

Fund

(a)

698,277‌

30,745‌

MidCap

Value

Fund

I

(a)

1,514,883‌

27,617‌

Origin

Emerging

Markets

Fund

(a)

4,606,249‌

48,872‌

Real

Estate

Securities

Fund

(a)

1,573,518‌

45,380‌

SmallCap

Growth

Fund

I

(a),(b)

1,745,445‌

27,212‌

SmallCap

Value

Fund

II

(a)

2,296,853‌

30,525‌

$

1,315,922‌

Principal

Funds,

Inc.

Institutional

Class

-

33

.46

%

Equity

Income

Fund

(a)

3,601,805‌

150,267‌

High

Income

Fund

(a)

10,892,478‌

90,190‌

LargeCap

S&P

500

Index

Fund

(a)

6,037,086‌

164,028‌

LargeCap

Value

Fund

III

(a)

7,525,035‌

150,726‌

MidCap

Growth

Fund

III

(a),(b)

1,412,340‌

16,369‌

Overseas

Fund

(a)

8,005,091‌

89,977‌

$

661,557‌

TOTAL

INVESTMENT

COMPANIES

$

1,977,479‌

Total

Investments

$

1,977,479‌

Other

Assets

and

Liabilities

-  (0.01)%

(

105‌

)

TOTAL

NET

ASSETS

-

100.00%

$

1,977,374‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

Non-income

producing

security

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

125,988‌

$

20,344‌

$

25,430‌

$

161,749‌

Core

Fixed

Income

Fund

433,469‌

98,839‌

33,130‌

534,866‌

Diversified

International

Fund

172,426‌

27,706‌

20,768‌

218,172‌

Equity

Income

Fund

108,515‌

26,541‌

13,209‌

150,267‌

High

Income

Fund

71,487‌

18,636‌

5,069‌

90,190‌

International

Small

Company

Fund

26,306‌

3,257‌

3,430‌

31,720‌

LargeCap

Growth

Fund

I

124,019‌

28,512‌

25,266‌

159,064‌

LargeCap

S&P

500

Index

Fund

118,182‌

25,926‌

12,692‌

164,028‌

LargeCap

Value

Fund

III

109,767‌

30,829‌

13,234‌

150,726‌

MidCap

Fund

24,266‌

1,696‌

3,082‌

30,745‌

MidCap

Growth

Fund

III

47,578‌

6,087‌

43,661‌

16,369‌

MidCap

Value

Fund

I

72,774‌

6,995‌

65,690‌

27,617‌

Origin

Emerging

Markets

Fund

43,309‌

3,914‌

7,013‌

48,872‌

Overseas

Fund

91,849‌

9,651‌

21,542‌

89,977‌

Real

Estate

Securities

Fund

36,454‌

3,331‌

2,963‌

45,380‌

SmallCap

Growth

Fund

I

20,523‌

3,721‌

3,819‌

27,212‌

SmallCap

Value

Fund

II

22,934‌

4,774‌

3,857‌

30,525‌

$

1,649,846‌

$

320,759‌

$

303,855‌

$

1,977,479‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

45‌

$

1,137‌

$

—‌

$

39,710‌

Core

Fixed

Income

Fund

12,756‌

2‌

—‌

35,686‌

Diversified

International

Fund

5,029‌

(

35‌

)

—‌

38,843‌

Equity

Income

Fund

1,954‌

(

3‌

)

865‌

28,423‌

High

Income

Fund

4,247‌

7‌

—‌

5,129‌

International

Small

Company

Fund

590‌

—‌

—‌

5,587‌

LargeCap

Growth

Fund

I

126‌

325‌

7,996‌

31,474‌

LargeCap

S&P

500

Index

Fund

1,844‌

180‌

3,535‌

32,432‌

LargeCap

Value

Fund

III

2,210‌

60‌

1,691‌

23,304‌

MidCap

Fund

32‌

203‌

693‌

7,662‌

MidCap

Growth

Fund

III

—‌

196‌

3,764‌

6,169‌

MidCap

Value

Fund

I

1,144‌

9,230‌

2,605‌

4,308‌

Origin

Emerging

Markets

Fund

1,100‌

66‌

—‌

8,596‌

Overseas

Fund

4,389‌

156‌

1,850‌

9,863‌

Real

Estate

Securities

Fund

761‌

—‌

—‌

8,558‌

SmallCap

Growth

Fund

I

—‌

(

50‌

)

—‌

6,837‌

SmallCap

Value

Fund

II

740‌

(

4‌

)

108‌

6,678‌

$

36,967‌

$

11,470‌

$

23,107‌

$

299,259‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

2040

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

198

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

62

.64

%

Blue

Chip

Fund

(a)

10,166,620‌

$

457,498‌

Core

Fixed

Income

Fund

(a)

89,963,414‌

773,685‌

Diversified

International

Fund

(a)

42,759,399‌

616,163‌

International

Small

Company

Fund

(a)

8,309,154‌

89,490‌

LargeCap

Growth

Fund

I

(a)

22,470,762‌

449,865‌

MidCap

Fund

(a)

1,958,257‌

86,222‌

MidCap

Value

Fund

I

(a)

4,296,972‌

78,334‌

Origin

Emerging

Markets

Fund

(a)

13,006,139‌

137,995‌

Real

Estate

Securities

Fund

(a)

3,720,495‌

107,299‌

SmallCap

Growth

Fund

I

(a),(b)

5,056,601‌

78,832‌

SmallCap

Value

Fund

II

(a)

6,323,287‌

84,037‌

$

2,959,420‌

Principal

Funds,

Inc.

Institutional

Class

-

37

.37

%

Equity

Income

Fund

(a)

10,178,904‌

424,664‌

High

Income

Fund

(a)

18,448,927‌

152,757‌

LargeCap

S&P

500

Index

Fund

(a)

16,960,899‌

460,828‌

LargeCap

Value

Fund

III

(a)

21,269,306‌

426,024‌

MidCap

Growth

Fund

III

(a),(b)

4,034,243‌

46,757‌

Overseas

Fund

(a)

22,607,702‌

254,110‌

$

1,765,140‌

TOTAL

INVESTMENT

COMPANIES

$

4,724,560‌

Total

Investments

$

4,724,560‌

Other

Assets

and

Liabilities

-  (0.01)%

(

345‌

)

TOTAL

NET

ASSETS

-

100.00%

$

4,724,215‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

Non-income

producing

security

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

351,368‌

$

50,009‌

$

58,232‌

$

457,498‌

Core

Fixed

Income

Fund

618,655‌

141,932‌

37,931‌

773,685‌

Diversified

International

Fund

479,256‌

69,068‌

40,985‌

616,163‌

Equity

Income

Fund

301,828‌

71,151‌

27,885‌

424,664‌

High

Income

Fund

122,483‌

28,472‌

6,963‌

152,757‌

International

Small

Company

Fund

75,280‌

5,542‌

7,177‌

89,490‌

LargeCap

Growth

Fund

I

345,766‌

72,771‌

57,746‌

449,865‌

LargeCap

S&P

500

Index

Fund

335,929‌

65,779‌

33,307‌

460,828‌

LargeCap

Value

Fund

III

305,245‌

83,171‌

27,943‌

426,024‌

MidCap

Fund

67,736‌

2,952‌

6,498‌

86,222‌

MidCap

Growth

Fund

III

133,473‌

12,726‌

117,294‌

46,757‌

MidCap

Value

Fund

I

201,997‌

13,470‌

174,977‌

78,334‌

Origin

Emerging

Markets

Fund

122,475‌

6,502‌

15,437‌

137,995‌

Overseas

Fund

257,106‌

20,672‌

51,897‌

254,110‌

Real

Estate

Securities

Fund

86,740‌

5,841‌

5,558‌

107,299‌

SmallCap

Growth

Fund

I

58,468‌

8,356‌

7,432‌

78,832‌

SmallCap

Value

Fund

II

63,238‌

10,991‌

8,573‌

84,037‌

$

3,927,043‌

$

669,405‌

$

685,835‌

$

4,724,560‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

126‌

$

2,917‌

$

—‌

$

111,436‌

Core

Fixed

Income

Fund

18,297‌

(

1‌

)

—‌

51,030‌

Diversified

International

Fund

13,983‌

193‌

—‌

108,631‌

Equity

Income

Fund

5,492‌

72‌

2,404‌

79,498‌

High

Income

Fund

7,260‌

—‌

—‌

8,765‌

International

Small

Company

Fund

1,690‌

19‌

—‌

15,826‌

LargeCap

Growth

Fund

I

352‌

(

1,438‌

)

22,270‌

90,512‌

LargeCap

S&P

500

Index

Fund

5,233‌

862‌

10,038‌

91,565‌

LargeCap

Value

Fund

III

6,135‌

179‌

4,696‌

65,372‌

MidCap

Fund

90‌

512‌

1,931‌

21,520‌

MidCap

Growth

Fund

III

—‌

969‌

10,549‌

16,883‌

MidCap

Value

Fund

I

3,168‌

30,223‌

7,222‌

7,621‌

Origin

Emerging

Markets

Fund

3,110‌

145‌

—‌

24,310‌

Overseas

Fund

12,286‌

1,418‌

5,175‌

26,811‌

Real

Estate

Securities

Fund

1,814‌

(

1‌

)

—‌

20,277‌

SmallCap

Growth

Fund

I

—‌

163‌

—‌

19,277‌

SmallCap

Value

Fund

II

2,035‌

90‌

298‌

18,291‌

$

81,071‌

$

36,322‌

$

64,583‌

$

777,625‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

2045

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

199

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

59

.86

%

Blue

Chip

Fund

(a)

3,962,726‌

$

178,323‌

Core

Fixed

Income

Fund

(a)

17,200,353‌

147,923‌

Diversified

International

Fund

(a)

16,703,259‌

240,694‌

International

Small

Company

Fund

(a)

3,246,770‌

34,968‌

LargeCap

Growth

Fund

I

(a)

8,762,079‌

175,417‌

MidCap

Fund

(a)

748,498‌

32,956‌

MidCap

Value

Fund

I

(a)

1,691,593‌

30,838‌

Origin

Emerging

Markets

Fund

(a)

5,081,384‌

53,913‌

Real

Estate

Securities

Fund

(a)

1,309,416‌

37,763‌

SmallCap

Growth

Fund

I

(a),(b)

1,956,566‌

30,503‌

SmallCap

Value

Fund

II

(a)

2,496,756‌

33,182‌

$

996,480‌

Principal

Funds,

Inc.

Institutional

Class

-

40

.15

%

Equity

Income

Fund

(a)

3,975,582‌

165,861‌

High

Income

Fund

(a)

4,517,937‌

37,408‌

LargeCap

S&P

500

Index

Fund

(a)

6,664,227‌

181,067‌

LargeCap

Value

Fund

III

(a)

8,304,526‌

166,340‌

MidCap

Growth

Fund

III

(a),(b)

1,594,828‌

18,484‌

Overseas

Fund

(a)

8,831,474‌

99,266‌

$

668,426‌

TOTAL

INVESTMENT

COMPANIES

$

1,664,906‌

Total

Investments

$

1,664,906‌

Other

Assets

and

Liabilities

-  (0.01)%

(

86‌

)

TOTAL

NET

ASSETS

-

100.00%

$

1,664,820‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

Non-income

producing

security

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

129,917‌

$

25,328‌

$

19,818‌

$

178,323‌

Core

Fixed

Income

Fund

111,759‌

35,419‌

8,698‌

147,923‌

Diversified

International

Fund

179,044‌

33,783‌

13,345‌

240,694‌

Equity

Income

Fund

111,978‌

33,041‌

9,273‌

165,861‌

High

Income

Fund

28,905‌

8,531‌

2,121‌

37,408‌

International

Small

Company

Fund

28,167‌

3,212‌

2,423‌

34,968‌

LargeCap

Growth

Fund

I

127,920‌

33,851‌

19,815‌

175,417‌

LargeCap

S&P

500

Index

Fund

122,706‌

31,797‌

8,145‌

181,067‌

LargeCap

Value

Fund

III

113,347‌

37,422‌

9,286‌

166,340‌

MidCap

Fund

24,806‌

2,075‌

2,128‌

32,956‌

MidCap

Growth

Fund

III

49,290‌

7,039‌

44,405‌

18,484‌

MidCap

Value

Fund

I

75,018‌

8,315‌

66,785‌

30,838‌

Origin

Emerging

Markets

Fund

44,727‌

5,099‌

5,082‌

53,913‌

Overseas

Fund

93,345‌

10,933‌

15,678‌

99,266‌

Real

Estate

Securities

Fund

29,009‌

3,593‌

1,785‌

37,763‌

SmallCap

Growth

Fund

I

21,690‌

4,037‌

2,581‌

30,503‌

SmallCap

Value

Fund

II

23,328‌

4,977‌

2,148‌

33,182‌

$

1,314,956‌

$

288,452‌

$

233,516‌

$

1,664,906‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

47‌

$

(

188‌

)

$

—‌

$

43,084‌

Core

Fixed

Income

Fund

3,381‌

1‌

—‌

9,442‌

Diversified

International

Fund

5,275‌

(

10‌

)

—‌

41,222‌

Equity

Income

Fund

2,094‌

—‌

901‌

30,115‌

High

Income

Fund

1,742‌

—‌

—‌

2,093‌

International

Small

Company

Fund

640‌

1‌

—‌

6,011‌

LargeCap

Growth

Fund

I

131‌

87‌

8,323‌

33,374‌

LargeCap

S&P

500

Index

Fund

1,932‌

19‌

3,705‌

34,690‌

LargeCap

Value

Fund

III

2,306‌

(

12‌

)

1,765‌

24,869‌

MidCap

Fund

33‌

45‌

713‌

8,158‌

MidCap

Growth

Fund

III

—‌

1,026‌

3,945‌

5,534‌

MidCap

Value

Fund

I

1,191‌

5,583‌

2,714‌

8,707‌

Origin

Emerging

Markets

Fund

1,147‌

64‌

—‌

9,105‌

Overseas

Fund

4,499‌

(

55‌

)

1,897‌

10,721‌

Real

Estate

Securities

Fund

626‌

—‌

—‌

6,946‌

SmallCap

Growth

Fund

I

—‌

22‌

—‌

7,335‌

SmallCap

Value

Fund

II

762‌

(

3‌

)

112‌

7,028‌

$

25,806‌

$

6,580‌

$

24,075‌

$

288,434‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

2050

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

200

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

58

.11

%

Blue

Chip

Fund

(a)

8,507,857‌

$

382,854‌

Core

Fixed

Income

Fund

(a)

11,746,042‌

101,016‌

Diversified

International

Fund

(a)

35,735,475‌

514,948‌

International

Small

Company

Fund

(a)

6,951,326‌

74,866‌

LargeCap

Growth

Fund

I

(a)

18,809,543‌

376,567‌

MidCap

Fund

(a)

1,645,216‌

72,439‌

MidCap

Value

Fund

I

(a)

3,597,975‌

65,591‌

Origin

Emerging

Markets

Fund

(a)

10,870,834‌

115,339‌

Real

Estate

Securities

Fund

(a)

2,574,882‌

74,260‌

SmallCap

Growth

Fund

I

(a),(b)

4,203,235‌

65,528‌

SmallCap

Value

Fund

II

(a)

5,322,049‌

70,730‌

$

1,914,138‌

Principal

Funds,

Inc.

Institutional

Class

-

41

.90

%

Equity

Income

Fund

(a)

8,531,018‌

355,914‌

High

Income

Fund

(a)

4,109,104‌

34,023‌

LargeCap

S&P

500

Index

Fund

(a)

14,051,725‌

381,785‌

LargeCap

Value

Fund

III

(a)

17,822,357‌

356,982‌

MidCap

Growth

Fund

III

(a),(b)

3,361,435‌

38,959‌

Overseas

Fund

(a)

18,894,977‌

212,380‌

$

1,380,043‌

TOTAL

INVESTMENT

COMPANIES

$

3,294,181‌

Total

Investments

$

3,294,181‌

Other

Assets

and

Liabilities

-  (0.01)%

(

261‌

)

TOTAL

NET

ASSETS

-

100.00%

$

3,293,920‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

Non-income

producing

security

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

283,060‌

$

46,859‌

$

39,719‌

$

382,854‌

Core

Fixed

Income

Fund

81,701‌

36,795‌

24,322‌

101,016‌

Diversified

International

Fund

386,671‌

66,286‌

26,583‌

514,948‌

Equity

Income

Fund

243,876‌

65,572‌

18,544‌

355,914‌

High

Income

Fund

28,493‌

11,656‌

8,144‌

34,023‌

International

Small

Company

Fund

60,749‌

5,759‌

4,575‌

74,866‌

LargeCap

Growth

Fund

I

278,585‌

65,280‌

39,423‌

376,567‌

LargeCap

S&P

500

Index

Fund

267,475‌

61,819‌

21,883‌

381,785‌

LargeCap

Value

Fund

III

246,745‌

75,158‌

18,561‌

356,982‌

MidCap

Fund

54,711‌

3,081‌

3,355‌

72,439‌

MidCap

Growth

Fund

III

106,728‌

11,777‌

93,688‌

38,959‌

MidCap

Value

Fund

I

163,524‌

13,157‌

142,018‌

65,591‌

Origin

Emerging

Markets

Fund

98,550‌

7,835‌

10,880‌

115,339‌

Overseas

Fund

206,417‌

18,875‌

36,040‌

212,380‌

Real

Estate

Securities

Fund

58,831‌

5,637‌

4,124‌

74,260‌

SmallCap

Growth

Fund

I

47,431‌

8,038‌

5,809‌

65,528‌

SmallCap

Value

Fund

II

51,155‌

10,225‌

5,819‌

70,730‌

$

2,664,702‌

$

513,809‌

$

503,487‌

$

3,294,181‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

102‌

$

(

1,164‌

)

$

—‌

$

93,818‌

Core

Fixed

Income

Fund

2,132‌

(

822‌

)

—‌

7,664‌

Diversified

International

Fund

11,323‌

(

38‌

)

—‌

88,612‌

Equity

Income

Fund

4,508‌

(

3‌

)

1,947‌

65,013‌

High

Income

Fund

1,492‌

(

9‌

)

—‌

2,027‌

International

Small

Company

Fund

1,370‌

16‌

—‌

12,917‌

LargeCap

Growth

Fund

I

284‌

203‌

17,994‌

71,922‌

LargeCap

S&P

500

Index

Fund

4,179‌

32‌

8,015‌

74,342‌

LargeCap

Value

Fund

III

4,977‌

93‌

3,809‌

53,547‌

MidCap

Fund

73‌

53‌

1,563‌

17,949‌

MidCap

Growth

Fund

III

—‌

617‌

8,464‌

13,525‌

MidCap

Value

Fund

I

2,573‌

16,482‌

5,866‌

14,446‌

Origin

Emerging

Markets

Fund

2,511‌

132‌

—‌

19,702‌

Overseas

Fund

9,891‌

312‌

4,165‌

22,816‌

Real

Estate

Securities

Fund

1,243‌

(

5‌

)

—‌

13,921‌

SmallCap

Growth

Fund

I

—‌

141‌

—‌

15,727‌

SmallCap

Value

Fund

II

1,654‌

(

15‌

)

242‌

15,184‌

$

48,312‌

$

16,025‌

$

52,065‌

$

603,132‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

2055

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

201

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

57

.96

%

Blue

Chip

Fund

(a)

2,843,108‌

$

127,940‌

Core

Fixed

Income

Fund

(a)

3,530,486‌

30,362‌

Diversified

International

Fund

(a)

11,985,804‌

172,715‌

International

Small

Company

Fund

(a)

2,336,631‌

25,166‌

LargeCap

Growth

Fund

I

(a)

6,288,627‌

125,898‌

MidCap

Fund

(a)

546,960‌

24,083‌

MidCap

Value

Fund

I

(a)

1,224,481‌

22,322‌

Origin

Emerging

Markets

Fund

(a)

3,647,696‌

38,702‌

Real

Estate

Securities

Fund

(a)

864,704‌

24,938‌

SmallCap

Growth

Fund

I

(a),(b)

1,416,589‌

22,085‌

SmallCap

Value

Fund

II

(a)

1,789,357‌

23,781‌

$

637,992‌

Principal

Funds,

Inc.

Institutional

Class

-

42

.05

%

Equity

Income

Fund

(a)

2,858,791‌

119,269‌

High

Income

Fund

(a)

1,265,134‌

10,475‌

LargeCap

S&P

500

Index

Fund

(a)

4,744,060‌

128,896‌

LargeCap

Value

Fund

III

(a)

5,969,820‌

119,576‌

MidCap

Growth

Fund

III

(a),(b)

1,148,610‌

13,312‌

Overseas

Fund

(a)

6,340,162‌

71,263‌

$

462,791‌

TOTAL

INVESTMENT

COMPANIES

$

1,100,783‌

Total

Investments

$

1,100,783‌

Other

Assets

and

Liabilities

-  (0.01)%

(

62‌

)

TOTAL

NET

ASSETS

-

100.00%

$

1,100,721‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

Non-income

producing

security

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

89,044‌

$

19,833‌

$

10,605‌

$

127,940‌

Core

Fixed

Income

Fund

26,084‌

9,948‌

7,767‌

30,362‌

Diversified

International

Fund

122,559‌

27,547‌

6,003‌

172,715‌

Equity

Income

Fund

76,953‌

25,571‌

4,243‌

119,269‌

High

Income

Fund

9,074‌

3,340‌

2,575‌

10,475‌

International

Small

Company

Fund

19,367‌

2,731‌

1,122‌

25,166‌

LargeCap

Growth

Fund

I

87,687‌

25,678‌

10,650‌

125,898‌

LargeCap

S&P

500

Index

Fund

84,214‌

24,867‌

4,285‌

128,896‌

LargeCap

Value

Fund

III

77,973‌

28,482‌

4,247‌

119,576‌

MidCap

Fund

17,140‌

1,945‌

771‌

24,083‌

MidCap

Growth

Fund

III

33,819‌

5,661‌

30,656‌

13,312‌

MidCap

Value

Fund

I

51,530‌

6,889‌

46,043‌

22,322‌

Origin

Emerging

Markets

Fund

31,056‌

4,146‌

2,892‌

38,702‌

Overseas

Fund

64,193‌

8,820‌

9,246‌

71,263‌

Real

Estate

Securities

Fund

18,546‌

2,898‌

1,005‌

24,938‌

SmallCap

Growth

Fund

I

15,041‌

3,253‌

1,370‌

22,085‌

SmallCap

Value

Fund

II

16,140‌

3,920‌

1,214‌

23,781‌

$

840,420‌

$

205,529‌

$

144,694‌

$

1,100,783‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

32‌

$

(

135‌

)

$

—‌

$

29,803‌

Core

Fixed

Income

Fund

664‌

(

99‌

)

—‌

2,196‌

Diversified

International

Fund

3,610‌

1‌

—‌

28,611‌

Equity

Income

Fund

1,466‌

—‌

619‌

20,988‌

High

Income

Fund

469‌

25‌

—‌

611‌

International

Small

Company

Fund

440‌

1‌

—‌

4,189‌

LargeCap

Growth

Fund

I

90‌

28‌

5,699‌

23,155‌

LargeCap

S&P

500

Index

Fund

1,325‌

3‌

2,540‌

24,097‌

LargeCap

Value

Fund

III

1,584‌

2‌

1,212‌

17,366‌

MidCap

Fund

23‌

3‌

493‌

5,766‌

MidCap

Growth

Fund

III

—‌

396‌

2,703‌

4,092‌

MidCap

Value

Fund

I

817‌

3,084‌

1,862‌

6,862‌

Origin

Emerging

Markets

Fund

796‌

9‌

—‌

6,383‌

Overseas

Fund

3,092‌

(

33‌

)

1,303‌

7,529‌

Real

Estate

Securities

Fund

404‌

—‌

—‌

4,499‌

SmallCap

Growth

Fund

I

—‌

6‌

—‌

5,155‌

SmallCap

Value

Fund

II

527‌

—‌

77‌

4,935‌

$

15,339‌

$

3,291‌

$

16,508‌

$

196,237‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

2060

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

202

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

57

.96

%

Blue

Chip

Fund

(a)

2,690,680‌

$

121,081‌

Core

Fixed

Income

Fund

(a)

3,344,135‌

28,760‌

Diversified

International

Fund

(a)

11,344,541‌

163,475‌

International

Small

Company

Fund

(a)

2,213,087‌

23,835‌

LargeCap

Growth

Fund

I

(a)

5,951,691‌

119,153‌

MidCap

Fund

(a)

517,106‌

22,768‌

MidCap

Value

Fund

I

(a)

1,161,079‌

21,166‌

Origin

Emerging

Markets

Fund

(a)

3,453,031‌

36,637‌

Real

Estate

Securities

Fund

(a)

818,804‌

23,614‌

SmallCap

Growth

Fund

I

(a),(b)

1,342,058‌

20,923‌

SmallCap

Value

Fund

II

(a)

1,694,911‌

22,525‌

$

603,937‌

Principal

Funds,

Inc.

Institutional

Class

-

42

.05

%

Equity

Income

Fund

(a)

2,706,151‌

112,901‌

High

Income

Fund

(a)

1,198,133‌

9,920‌

LargeCap

S&P

500

Index

Fund

(a)

4,489,804‌

121,988‌

LargeCap

Value

Fund

III

(a)

5,651,020‌

113,190‌

MidCap

Growth

Fund

III

(a),(b)

1,089,714‌

12,630‌

Overseas

Fund

(a)

6,001,704‌

67,459‌

$

438,088‌

TOTAL

INVESTMENT

COMPANIES

$

1,042,025‌

Total

Investments

$

1,042,025‌

Other

Assets

and

Liabilities

-  (0.01)%

(

58‌

)

TOTAL

NET

ASSETS

-

100.00%

$

1,041,967‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

Non-income

producing

security

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

85,162‌

$

20,075‌

$

12,341‌

$

121,081‌

Core

Fixed

Income

Fund

24,998‌

9,831‌

8,090‌

28,760‌

Diversified

International

Fund

117,385‌

28,129‌

9,207‌

163,475‌

Equity

Income

Fund

73,674‌

25,539‌

6,303‌

112,901‌

High

Income

Fund

8,693‌

3,300‌

2,680‌

9,920‌

International

Small

Company

Fund

18,577‌

2,994‌

1,732‌

23,835‌

LargeCap

Growth

Fund

I

83,865‌

25,682‌

12,337‌

119,153‌

LargeCap

S&P

500

Index

Fund

80,556‌

24,937‌

6,348‌

121,988‌

LargeCap

Value

Fund

III

74,647‌

28,334‌

6,307‌

113,190‌

MidCap

Fund

16,380‌

2,099‌

1,185‌

22,768‌

MidCap

Growth

Fund

III

32,390‌

5,974‌

30,016‌

12,630‌

MidCap

Value

Fund

I

49,308‌

7,378‌

44,982‌

21,166‌

Origin

Emerging

Markets

Fund

29,714‌

4,461‌

3,599‌

36,637‌

Overseas

Fund

61,270‌

9,294‌

10,229‌

67,459‌

Real

Estate

Securities

Fund

17,755‌

3,092‌

1,553‌

23,614‌

SmallCap

Growth

Fund

I

14,411‌

3,527‌

1,936‌

20,923‌

SmallCap

Value

Fund

II

15,448‌

4,173‌

1,809‌

22,525‌

$

804,233‌

$

208,819‌

$

160,654‌

$

1,042,025‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

31‌

$

(

131‌

)

$

—‌

$

28,316‌

Core

Fixed

Income

Fund

629‌

(

37‌

)

—‌

2,058‌

Diversified

International

Fund

3,483‌

(

10‌

)

—‌

27,178‌

Equity

Income

Fund

1,393‌

(

2‌

)

594‌

19,993‌

High

Income

Fund

447‌

(

19‌

)

—‌

626‌

International

Small

Company

Fund

425‌

5‌

—‌

3,991‌

LargeCap

Growth

Fund

I

86‌

20‌

5,468‌

21,923‌

LargeCap

S&P

500

Index

Fund

1,271‌

(

1‌

)

2,438‌

22,844‌

LargeCap

Value

Fund

III

1,522‌

7‌

1,164‌

16,509‌

MidCap

Fund

22‌

1‌

472‌

5,473‌

MidCap

Growth

Fund

III

—‌

642‌

2,599‌

3,640‌

MidCap

Value

Fund

I

785‌

2,540‌

1,788‌

6,922‌

Origin

Emerging

Markets

Fund

767‌

8‌

—‌

6,053‌

Overseas

Fund

2,966‌

(

25‌

)

1,247‌

7,149‌

Real

Estate

Securities

Fund

385‌

1‌

—‌

4,319‌

SmallCap

Growth

Fund

I

—‌

7‌

—‌

4,914‌

SmallCap

Value

Fund

II

507‌

1‌

74‌

4,712‌

$

14,719‌

$

3,007‌

$

15,844‌

$

186,620‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

2065

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

203

INVESTMENT

COMPANIES

-

100

.02

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

57

.96

%

Blue

Chip

Fund

(a)

535,065‌

$

24,078‌

Core

Fixed

Income

Fund

(a)

669,092‌

5,754‌

Diversified

International

Fund

(a)

2,261,043‌

32,582‌

International

Small

Company

Fund

(a)

442,737‌

4,768‌

LargeCap

Growth

Fund

I

(a)

1,184,381‌

23,711‌

MidCap

Fund

(a)

102,143‌

4,497‌

MidCap

Value

Fund

I

(a)

234,973‌

4,284‌

Origin

Emerging

Markets

Fund

(a)

688,842‌

7,309‌

Real

Estate

Securities

Fund

(a)

164,731‌

4,751‌

SmallCap

Growth

Fund

I

(a),(b)

269,329‌

4,199‌

SmallCap

Value

Fund

II

(a)

339,132‌

4,507‌

$

120,440‌

Principal

Funds,

Inc.

Institutional

Class

-

42

.06

%

Equity

Income

Fund

(a)

540,532‌

22,551‌

High

Income

Fund

(a)

239,479‌

1,983‌

LargeCap

S&P

500

Index

Fund

(a)

892,890‌

24,260‌

LargeCap

Value

Fund

III

(a)

1,128,080‌

22,595‌

MidCap

Growth

Fund

III

(a),(b)

221,861‌

2,571‌

Overseas

Fund

(a)

1,196,935‌

13,454‌

$

87,414‌

TOTAL

INVESTMENT

COMPANIES

$

207,854‌

Total

Investments

$

207,854‌

Other

Assets

and

Liabilities

-  (0.02)%

(

32‌

)

TOTAL

NET

ASSETS

-

100.00%

$

207,822‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

Non-income

producing

security

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

14,856‌

$

5,867‌

$

1,754‌

$

24,078‌

Core

Fixed

Income

Fund

4,435‌

2,461‌

1,507‌

5,754‌

Diversified

International

Fund

20,750‌

8,077‌

1,260‌

32,582‌

Equity

Income

Fund

12,907‌

6,775‌

808‌

22,551‌

High

Income

Fund

1,536‌

825‌

487‌

1,983‌

International

Small

Company

Fund

3,312‌

1,041‌

323‌

4,768‌

LargeCap

Growth

Fund

I

14,652‌

6,853‌

1,811‌

23,711‌

LargeCap

S&P

500

Index

Fund

14,073‌

6,773‌

809‌

24,260‌

LargeCap

Value

Fund

III

13,111‌

7,226‌

808‌

22,595‌

MidCap

Fund

2,839‌

830‌

170‌

4,497‌

MidCap

Growth

Fund

III

5,730‌

1,956‌

5,870‌

2,571‌

MidCap

Value

Fund

I

8,632‌

2,580‌

8,659‌

4,284‌

Origin

Emerging

Markets

Fund

5,201‌

1,562‌

570‌

7,309‌

Overseas

Fund

10,473‌

2,986‌

1,325‌

13,454‌

Real

Estate

Securities

Fund

3,147‌

1,027‌

219‌

4,751‌

SmallCap

Growth

Fund

I

2,563‌

1,048‌

323‌

4,199‌

SmallCap

Value

Fund

II

2,726‌

1,155‌

249‌

4,507‌

$

140,943‌

$

59,042‌

$

26,952‌

$

207,854‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

5‌

$

3‌

$

—‌

$

5,106‌

Core

Fixed

Income

Fund

119‌

(

3‌

)

—‌

368‌

Diversified

International

Fund

617‌

1‌

—‌

5,014‌

Equity

Income

Fund

261‌

—‌

104‌

3,677‌

High

Income

Fund

85‌

4‌

—‌

105‌

International

Small

Company

Fund

76‌

—‌

—‌

738‌

LargeCap

Growth

Fund

I

15‌

3‌

958‌

4,014‌

LargeCap

S&P

500

Index

Fund

223‌

—‌

427‌

4,223‌

LargeCap

Value

Fund

III

268‌

—‌

205‌

3,066‌

MidCap

Fund

4‌

—‌

82‌

998‌

MidCap

Growth

Fund

III

—‌

90‌

461‌

665‌

MidCap

Value

Fund

I

138‌

255‌

314‌

1,476‌

Origin

Emerging

Markets

Fund

135‌

1‌

—‌

1,115‌

Overseas

Fund

508‌

(

3‌

)

214‌

1,323‌

Real

Estate

Securities

Fund

73‌

—‌

—‌

796‌

SmallCap

Growth

Fund

I

—‌

—‌

—‌

911‌

SmallCap

Value

Fund

II

90‌

—‌

13‌

875‌

$

2,617‌

$

351‌

$

2,778‌

$

34,470‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

2070

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

204

INVESTMENT

COMPANIES

-

100

.02

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

57

.96

%

Blue

Chip

Fund

(a)

90,682‌

$

4,081‌

Core

Fixed

Income

Fund

(a)

113,540‌

976‌

Diversified

International

Fund

(a)

383,192‌

5,522‌

International

Small

Company

Fund

(a)

74,961‌

807‌

LargeCap

Growth

Fund

I

(a)

200,933‌

4,023‌

MidCap

Fund

(a)

17,245‌

759‌

MidCap

Value

Fund

I

(a)

39,246‌

716‌

Origin

Emerging

Markets

Fund

(a)

116,992‌

1,241‌

Real

Estate

Securities

Fund

(a)

27,883‌

804‌

SmallCap

Growth

Fund

I

(a),(b)

45,554‌

710‌

SmallCap

Value

Fund

II

(a)

57,338‌

762‌

$

20,401‌

Principal

Funds,

Inc.

Institutional

Class

-

42

.06

%

Equity

Income

Fund

(a)

91,527‌

3,818‌

High

Income

Fund

(a)

40,647‌

337‌

LargeCap

S&P

500

Index

Fund

(a)

151,514‌

4,117‌

LargeCap

Value

Fund

III

(a)

190,961‌

3,825‌

MidCap

Growth

Fund

III

(a),(b)

37,141‌

430‌

Overseas

Fund

(a)

202,751‌

2,279‌

$

14,806‌

TOTAL

INVESTMENT

COMPANIES

$

35,207‌

Total

Investments

$

35,207‌

Other

Assets

and

Liabilities

-  (0.02)%

(

6‌

)

TOTAL

NET

ASSETS

-

100.00%

$

35,201‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

Non-income

producing

security

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

935‌

$

3,123‌

$

442‌

$

4,081‌

Core

Fixed

Income

Fund

295‌

887‌

240‌

976‌

Diversified

International

Fund

1,351‌

4,150‌

465‌

5,522‌

Equity

Income

Fund

840‌

2,889‌

290‌

3,818‌

High

Income

Fund

100‌

306‌

78‌

337‌

International

Small

Company

Fund

224‌

599‌

90‌

807‌

LargeCap

Growth

Fund

I

923‌

3,158‌

427‌

4,023‌

LargeCap

S&P

500

Index

Fund

896‌

3,106‌

314‌

4,117‌

LargeCap

Value

Fund

III

852‌

2,931‌

289‌

3,825‌

MidCap

Fund

182‌

563‌

90‌

759‌

MidCap

Growth

Fund

III

378‌

964‌

960‌

430‌

MidCap

Value

Fund

I

565‌

1,425‌

1,445‌

716‌

Origin

Emerging

Markets

Fund

335‌

941‌

136‌

1,241‌

Overseas

Fund

653‌

1,832‌

349‌

2,279‌

Real

Estate

Securities

Fund

210‌

575‌

70‌

804‌

SmallCap

Growth

Fund

I

183‌

507‌

75‌

710‌

SmallCap

Value

Fund

II

192‌

542‌

75‌

762‌

$

9,114‌

$

28,498‌

$

5,835‌

$

35,207‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

—‌

$

3‌

$

—‌

$

462‌

Core

Fixed

Income

Fund

13‌

—‌

—‌

34‌

Diversified

International

Fund

49‌

—‌

—‌

486‌

Equity

Income

Fund

30‌

—‌

8‌

379‌

High

Income

Fund

10‌

—‌

—‌

9‌

International

Small

Company

Fund

6‌

—‌

—‌

74‌

LargeCap

Growth

Fund

I

1‌

1‌

71‌

368‌

LargeCap

S&P

500

Index

Fund

17‌

1‌

32‌

428‌

LargeCap

Value

Fund

III

20‌

—‌

16‌

331‌

MidCap

Fund

—‌

—‌

6‌

104‌

MidCap

Growth

Fund

III

—‌

2‌

36‌

46‌

MidCap

Value

Fund

I

11‌

40‌

24‌

131‌

Origin

Emerging

Markets

Fund

10‌

—‌

—‌

101‌

Overseas

Fund

38‌

—‌

15‌

143‌

Real

Estate

Securities

Fund

8‌

—‌

—‌

89‌

SmallCap

Growth

Fund

I

—‌

—‌

—‌

95‌

SmallCap

Value

Fund

II

8‌

—‌

1‌

103‌

$

221‌

$

47‌

$

209‌

$

3,383‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

Hybrid

2015

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

205

INVESTMENT

COMPANIES

-

100

.02

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

15

.99

%

Diversified

International

Fund

(a)

1,765,619‌

$

25,443‌

Diversified

Real

Asset

Fund

(a)

616,089‌

7,011‌

International

Small

Company

Fund

(a)

234,851‌

2,529‌

MidCap

S&P

400

Index

Fund

(a)

254,834‌

6,297‌

Origin

Emerging

Markets

Fund

(a)

251,907‌

2,673‌

SmallCap

S&P

600

Index

Fund

(a)

166,304‌

4,726‌

$

48,679‌

Principal

Funds,

Inc.

Institutional

Class

-

84

.03

%

Bond

Market

Index

Fund

(a)

11,917,805‌

102,851‌

High

Income

Fund

(a)

2,629,830‌

21,775‌

Inflation

Protection

Fund

(a)

2,274,897‌

17,881‌

LargeCap

S&P

500

Index

Fund

(a)

2,251,592‌

61,176‌

Short-Term

Income

Fund

(a)

4,348,530‌

52,008‌

$

255,691‌

TOTAL

INVESTMENT

COMPANIES

$

304,370‌

Total

Investments

$

304,370‌

Other

Assets

and

Liabilities

-  (0.02)%

(

75‌

)

TOTAL

NET

ASSETS

-

100.00%

$

304,295‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Bond

Market

Index

Fund

$

72,947‌

$

29,977‌

$

4,945‌

$

102,851‌

Diversified

International

Fund

18,409‌

5,746‌

2,994‌

25,443‌

Diversified

Real

Asset

Fund

5,125‌

1,715‌

456‌

7,011‌

High

Income

Fund

14,552‌

7,060‌

918‌

21,775‌

Inflation

Protection

Fund

13,660‌

5,182‌

1,628‌

17,881‌

International

Small

Company

Fund

1,799‌

645‌

318‌

2,529‌

LargeCap

S&P

500

Index

Fund

39,028‌

16,196‌

5,596‌

61,176‌

MidCap

S&P

400

Index

Fund

9,461‌

3,176‌

8,863‌

6,297‌

Origin

Emerging

Markets

Fund

2,033‌

625‌

413‌

2,673‌

Short-Term

Income

Fund

37,180‌

15,783‌

2,356‌

52,008‌

SmallCap

S&P

600

Index

Fund

2,936‌

1,502‌

633‌

4,726‌

$

217,130‌

$

87,607‌

$

29,120‌

$

304,370‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Bond

Market

Index

Fund

$

3,301‌

$

—‌

$

—‌

$

4,872‌

Diversified

International

Fund

565‌

(

2‌

)

—‌

4,284‌

Diversified

Real

Asset

Fund

129‌

—‌

—‌

627‌

High

Income

Fund

950‌

—‌

—‌

1,081‌

Inflation

Protection

Fund

532‌

—‌

—‌

667‌

International

Small

Company

Fund

43‌

1‌

—‌

402‌

LargeCap

S&P

500

Index

Fund

632‌

44‌

1,210‌

11,504‌

MidCap

S&P

400

Index

Fund

166‌

389‌

258‌

2,134‌

Origin

Emerging

Markets

Fund

54‌

1‌

—‌

427‌

Short-Term

Income

Fund

1,180‌

—‌

—‌

1,401‌

SmallCap

S&P

600

Index

Fund

57‌

—‌

105‌

921‌

$

7,609‌

$

433‌

$

1,573‌

$

28,320‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

Hybrid

2020

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

206

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

18

.78

%

Diversified

International

Fund

(a)

3,768,426‌

$

54,303‌

Diversified

Real

Asset

Fund

(a)

1,064,573‌

12,115‌

International

Small

Company

Fund

(a)

496,237‌

5,345‌

MidCap

S&P

400

Index

Fund

(a)

525,225‌

12,978‌

Origin

Emerging

Markets

Fund

(a)

536,422‌

5,691‌

SmallCap

S&P

600

Index

Fund

(a)

351,902‌

10,001‌

$

100,433‌

Principal

Funds,

Inc.

Institutional

Class

-

81

.23

%

Bond

Market

Index

Fund

(a)

19,736,438‌

170,326‌

High

Income

Fund

(a)

4,128,045‌

34,180‌

Inflation

Protection

Fund

(a)

3,542,104‌

27,841‌

LargeCap

S&P

500

Index

Fund

(a)

4,822,134‌

131,017‌

Short-Term

Income

Fund

(a)

5,930,977‌

70,935‌

$

434,299‌

TOTAL

INVESTMENT

COMPANIES

$

534,732‌

Total

Investments

$

534,732‌

Other

Assets

and

Liabilities

-  (0.01)%

(

49‌

)

TOTAL

NET

ASSETS

-

100.00%

$

534,683‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Bond

Market

Index

Fund

$

142,724‌

$

29,854‌

$

10,989‌

$

170,326‌

Diversified

International

Fund

46,901‌

4,891‌

7,777‌

54,303‌

Diversified

Real

Asset

Fund

10,646‌

1,143‌

903‌

12,115‌

High

Income

Fund

26,870‌

7,298‌

1,920‌

34,180‌

Inflation

Protection

Fund

25,043‌

4,425‌

2,736‌

27,841‌

International

Small

Company

Fund

4,408‌

622‌

630‌

5,345‌

LargeCap

S&P

500

Index

Fund

98,701‌

20,280‌

15,392‌

131,017‌

MidCap

S&P

400

Index

Fund

23,885‌

3,012‌

19,905‌

12,978‌

Origin

Emerging

Markets

Fund

5,174‌

529‌

1,042‌

5,691‌

Short-Term

Income

Fund

58,553‌

14,524‌

4,229‌

70,935‌

SmallCap

S&P

600

Index

Fund

7,501‌

1,382‌

1,045‌

10,001‌

$

450,406‌

$

87,960‌

$

66,568‌

$

534,732‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Bond

Market

Index

Fund

$

6,308‌

$

(

2‌

)

$

—‌

$

8,739‌

Diversified

International

Fund

1,400‌

(

12‌

)

—‌

10,300‌

Diversified

Real

Asset

Fund

246‌

—‌

—‌

1,229‌

High

Income

Fund

1,622‌

—‌

—‌

1,932‌

Inflation

Protection

Fund

945‌

1‌

—‌

1,108‌

International

Small

Company

Fund

102‌

8‌

—‌

937‌

LargeCap

S&P

500

Index

Fund

1,565‌

373‌

2,999‌

27,055‌

MidCap

S&P

400

Index

Fund

411‌

937‌

637‌

5,049‌

Origin

Emerging

Markets

Fund

135‌

56‌

—‌

974‌

Short-Term

Income

Fund

1,729‌

1‌

—‌

2,086‌

SmallCap

S&P

600

Index

Fund

141‌

—‌

260‌

2,163‌

$

14,604‌

$

1,362‌

$

3,896‌

$

61,572‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

Hybrid

2025

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

207

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

21

.65

%

Diversified

International

Fund

(a)

6,996,864‌

$

100,825‌

Diversified

Real

Asset

Fund

(a)

1,694,783‌

19,287‌

International

Small

Company

Fund

(a)

925,232‌

9,965‌

MidCap

S&P

400

Index

Fund

(a)

990,203‌

24,468‌

Origin

Emerging

Markets

Fund

(a)

996,852‌

10,576‌

SmallCap

S&P

600

Index

Fund

(a)

656,633‌

18,661‌

$

183,782‌

Principal

Funds,

Inc.

Institutional

Class

-

78

.36

%

Bond

Market

Index

Fund

(a)

30,108,910‌

259,840‌

High

Income

Fund

(a)

5,741,157‌

47,537‌

Inflation

Protection

Fund

(a)

4,943,260‌

38,854‌

LargeCap

S&P

500

Index

Fund

(a)

8,939,771‌

242,893‌

Short-Term

Income

Fund

(a)

6,363,269‌

76,105‌

$

665,229‌

TOTAL

INVESTMENT

COMPANIES

$

849,011‌

Total

Investments

$

849,011‌

Other

Assets

and

Liabilities

-  (0.01)%

(

62‌

)

TOTAL

NET

ASSETS

-

100.00%

$

848,949‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Bond

Market

Index

Fund

$

193,251‌

$

63,730‌

$

9,843‌

$

259,840‌

Diversified

International

Fund

78,003‌

14,634‌

9,382‌

100,825‌

Diversified

Real

Asset

Fund

15,480‌

3,078‌

1,102‌

19,287‌

High

Income

Fund

33,535‌

13,126‌

1,585‌

47,537‌

Inflation

Protection

Fund

31,404‌

8,816‌

2,867‌

38,854‌

International

Small

Company

Fund

7,796‌

1,697‌

1,202‌

9,965‌

LargeCap

S&P

500

Index

Fund

166,072‌

51,682‌

22,183‌

242,893‌

MidCap

S&P

400

Index

Fund

40,191‌

8,519‌

34,566‌

24,468‌

Origin

Emerging

Markets

Fund

8,679‌

1,635‌

1,503‌

10,576‌

Short-Term

Income

Fund

54,931‌

21,731‌

2,615‌

76,105‌

SmallCap

S&P

600

Index

Fund

12,493‌

4,260‌

1,883‌

18,661‌

$

641,835‌

$

192,908‌

$

88,731‌

$

849,011‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Bond

Market

Index

Fund

$

8,593‌

$

—‌

$

—‌

$

12,702‌

Diversified

International

Fund

2,337‌

31‌

—‌

17,539‌

Diversified

Real

Asset

Fund

370‌

—‌

—‌

1,831‌

High

Income

Fund

2,116‌

—‌

—‌

2,461‌

Inflation

Protection

Fund

1,190‌

—‌

—‌

1,501‌

International

Small

Company

Fund

181‌

1‌

—‌

1,673‌

LargeCap

S&P

500

Index

Fund

2,646‌

239‌

5,067‌

47,083‌

MidCap

S&P

400

Index

Fund

695‌

1,529‌

1,077‌

8,795‌

Origin

Emerging

Markets

Fund

226‌

7‌

—‌

1,758‌

Short-Term

Income

Fund

1,710‌

3‌

—‌

2,055‌

SmallCap

S&P

600

Index

Fund

237‌

—‌

437‌

3,791‌

$

20,301‌

$

1,810‌

$

6,581‌

$

101,189‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

Hybrid

2030

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

208

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

25

.44

%

Diversified

International

Fund

(a)

9,205,223‌

$

132,647‌

International

Small

Company

Fund

(a)

1,223,773‌

13,180‌

MidCap

S&P

400

Index

Fund

(a)

1,311,549‌

32,408‌

Origin

Emerging

Markets

Fund

(a)

1,313,240‌

13,934‌

Real

Estate

Securities

Fund

(a)

754,461‌

21,759‌

SmallCap

S&P

600

Index

Fund

(a)

869,423‌

24,709‌

$

238,637‌

Principal

Funds,

Inc.

Institutional

Class

-

74

.57

%

Bond

Market

Index

Fund

(a)

33,949,175‌

292,981‌

High

Income

Fund

(a)

5,678,016‌

47,014‌

Inflation

Protection

Fund

(a)

2,064,640‌

16,228‌

LargeCap

S&P

500

Index

Fund

(a)

11,751,385‌

319,285‌

Short-Term

Income

Fund

(a)

1,991,611‌

23,820‌

$

699,328‌

TOTAL

INVESTMENT

COMPANIES

$

937,965‌

Total

Investments

$

937,965‌

Other

Assets

and

Liabilities

-  (0.01)%

(

119‌

)

TOTAL

NET

ASSETS

-

100.00%

$

937,846‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Bond

Market

Index

Fund

$

224,382‌

$

95,476‌

$

40,564‌

$

292,981‌

Diversified

International

Fund

93,529‌

26,519‌

9,114‌

132,647‌

High

Income

Fund

31,106‌

15,035‌

1,445‌

47,014‌

Inflation

Protection

Fund

—‌

19,169‌

3,643‌

16,228‌

International

Small

Company

Fund

9,588‌

3,147‌

1,654‌

13,180‌

LargeCap

S&P

500

Index

Fund

198,446‌

83,740‌

21,586‌

319,285‌

MidCap

S&P

400

Index

Fund

48,427‌

14,867‌

43,649‌

32,408‌

Origin

Emerging

Markets

Fund

10,413‌

2,939‌

1,593‌

13,934‌

Real

Estate

Securities

Fund

14,263‌

4,644‌

768‌

21,759‌

Short-Term

Income

Fund

—‌

23,589‌

88‌

23,820‌

SmallCap

S&P

600

Index

Fund

15,348‌

6,884‌

2,322‌

24,709‌

$

645,502‌

$

296,009‌

$

126,426‌

$

937,965‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Bond

Market

Index

Fund

$

10,228‌

$

(

36‌

)

$

—‌

$

13,723‌

Diversified

International

Fund

2,870‌

3‌

—‌

21,710‌

High

Income

Fund

2,047‌

—‌

—‌

2,318‌

Inflation

Protection

Fund

—‌

52‌

—‌

650‌

International

Small

Company

Fund

229‌

2‌

—‌

2,097‌

LargeCap

S&P

500

Index

Fund

3,229‌

73‌

6,194‌

58,612‌

MidCap

S&P

400

Index

Fund

857‌

1,614‌

1,332‌

11,149‌

Origin

Emerging

Markets

Fund

279‌

3‌

—‌

2,172‌

Real

Estate

Securities

Fund

332‌

—‌

—‌

3,620‌

Short-Term

Income

Fund

220‌

—‌

—‌

319‌

SmallCap

S&P

600

Index

Fund

300‌

1‌

554‌

4,798‌

$

20,591‌

$

1,712‌

$

8,080‌

$

121,168‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

Hybrid

2035

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

209

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

28

.97

%

Diversified

International

Fund

(a)

7,819,029‌

$

112,672‌

International

Small

Company

Fund

(a)

1,034,642‌

11,143‌

MidCap

S&P

400

Index

Fund

(a)

1,109,926‌

27,427‌

Origin

Emerging

Markets

Fund

(a)

1,113,750‌

11,817‌

Real

Estate

Securities

Fund

(a)

549,415‌

15,845‌

SmallCap

S&P

600

Index

Fund

(a)

734,591‌

20,877‌

$

199,781‌

Principal

Funds,

Inc.

Institutional

Class

-

71

.04

%

Bond

Market

Index

Fund

(a)

21,691,969‌

187,202‌

High

Income

Fund

(a)

3,800,505‌

31,468‌

LargeCap

S&P

500

Index

Fund

(a)

9,985,514‌

271,306‌

$

489,976‌

TOTAL

INVESTMENT

COMPANIES

$

689,757‌

Total

Investments

$

689,757‌

Other

Assets

and

Liabilities

-  (0.01)%

(

67‌

)

TOTAL

NET

ASSETS

-

100.00%

$

689,690‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Bond

Market

Index

Fund

$

127,735‌

$

57,162‌

$

6,562‌

$

187,202‌

Diversified

International

Fund

81,999‌

19,379‌

7,544‌

112,672‌

High

Income

Fund

21,068‌

9,830‌

1,004‌

31,468‌

International

Small

Company

Fund

7,930‌

2,235‌

794‌

11,143‌

LargeCap

S&P

500

Index

Fund

173,569‌

65,283‌

18,248‌

271,306‌

MidCap

S&P

400

Index

Fund

42,266‌

10,916‌

36,804‌

27,427‌

Origin

Emerging

Markets

Fund

9,066‌

2,077‌

1,203‌

11,817‌

Real

Estate

Securities

Fund

10,742‌

2,985‌

586‌

15,845‌

SmallCap

S&P

600

Index

Fund

13,184‌

5,236‌

1,670‌

20,877‌

$

487,559‌

$

175,103‌

$

74,415‌

$

689,757‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Bond

Market

Index

Fund

$

5,725‌

$

4‌

$

—‌

$

8,863‌

Diversified

International

Fund

2,474‌

2‌

—‌

18,836‌

High

Income

Fund

1,374‌

—‌

—‌

1,574‌

International

Small

Company

Fund

186‌

1‌

—‌

1,771‌

LargeCap

S&P

500

Index

Fund

2,785‌

(

6‌

)

5,338‌

50,708‌

MidCap

S&P

400

Index

Fund

736‌

1,104‌

1,143‌

9,945‌

Origin

Emerging

Markets

Fund

238‌

1‌

—‌

1,876‌

Real

Estate

Securities

Fund

246‌

—‌

—‌

2,704‌

SmallCap

S&P

600

Index

Fund

252‌

—‌

466‌

4,127‌

$

14,016‌

$

1,106‌

$

6,947‌

$

100,404‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

Hybrid

2040

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

210

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

33

.80

%

Diversified

International

Fund

(a)

9,973,941‌

$

143,724‌

International

Small

Company

Fund

(a)

1,321,492‌

14,232‌

MidCap

S&P

400

Index

Fund

(a)

1,411,804‌

34,886‌

Origin

Emerging

Markets

Fund

(a)

1,421,331‌

15,080‌

Real

Estate

Securities

Fund

(a)

587,623‌

16,947‌

SmallCap

S&P

600

Index

Fund

(a)

937,987‌

26,658‌

$

251,527‌

Principal

Funds,

Inc.

Institutional

Class

-

66

.21

%

Bond

Market

Index

Fund

(a)

14,186,356‌

122,428‌

High

Income

Fund

(a)

2,910,676‌

24,101‌

LargeCap

S&P

500

Index

Fund

(a)

12,741,340‌

346,182‌

$

492,711‌

TOTAL

INVESTMENT

COMPANIES

$

744,238‌

Total

Investments

$

744,238‌

Other

Assets

and

Liabilities

-  (0.01)%

(

76‌

)

TOTAL

NET

ASSETS

-

100.00%

$

744,162‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Bond

Market

Index

Fund

$

81,241‌

$

38,401‌

$

2,924‌

$

122,428‌

Diversified

International

Fund

100,758‌

25,951‌

6,365‌

143,724‌

High

Income

Fund

16,038‌

7,404‌

536‌

24,101‌

International

Small

Company

Fund

10,143‌

2,855‌

1,009‌

14,232‌

LargeCap

S&P

500

Index

Fund

213,624‌

84,047‌

14,612‌

346,182‌

MidCap

S&P

400

Index

Fund

51,877‌

13,529‌

44,212‌

34,886‌

Origin

Emerging

Markets

Fund

11,007‌

2,648‌

891‌

15,080‌

Real

Estate

Securities

Fund

11,294‌

3,226‌

431‌

16,947‌

SmallCap

S&P

600

Index

Fund

16,275‌

6,518‌

1,313‌

26,658‌

$

512,257‌

$

184,579‌

$

72,293‌

$

744,238‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Bond

Market

Index

Fund

$

3,646‌

$

—‌

$

—‌

$

5,710‌

Diversified

International

Fund

3,045‌

—‌

—‌

23,380‌

High

Income

Fund

1,048‌

—‌

—‌

1,195‌

International

Small

Company

Fund

238‌

1‌

—‌

2,242‌

LargeCap

S&P

500

Index

Fund

3,432‌

(

2‌

)

6,576‌

63,125‌

MidCap

S&P

400

Index

Fund

905‌

1,178‌

1,403‌

12,514‌

Origin

Emerging

Markets

Fund

290‌

—‌

—‌

2,316‌

Real

Estate

Securities

Fund

261‌

—‌

—‌

2,858‌

SmallCap

S&P

600

Index

Fund

312‌

—‌

575‌

5,178‌

$

13,177‌

$

1,177‌

$

8,554‌

$

118,518‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

Hybrid

2045

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

211

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

37

.20

%

Diversified

International

Fund

(a)

6,848,749‌

$

98,690‌

International

Small

Company

Fund

(a)

905,132‌

9,748‌

MidCap

S&P

400

Index

Fund

(a)

965,703‌

23,863‌

Origin

Emerging

Markets

Fund

(a)

975,742‌

10,353‌

Real

Estate

Securities

Fund

(a)

360,074‌

10,385‌

SmallCap

S&P

600

Index

Fund

(a)

642,441‌

18,258‌

$

171,297‌

Principal

Funds,

Inc.

Institutional

Class

-

62

.81

%

Bond

Market

Index

Fund

(a)

4,763,418‌

41,108‌

High

Income

Fund

(a)

1,253,098‌

10,376‌

LargeCap

S&P

500

Index

Fund

(a)

8,751,871‌

237,788‌

$

289,272‌

TOTAL

INVESTMENT

COMPANIES

$

460,569‌

Total

Investments

$

460,569‌

Other

Assets

and

Liabilities

-  (0.01)%

(

60‌

)

TOTAL

NET

ASSETS

-

100.00%

$

460,509‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Bond

Market

Index

Fund

$

28,151‌

$

13,589‌

$

2,589‌

$

41,108‌

Diversified

International

Fund

71,690‌

16,439‌

5,805‌

98,690‌

High

Income

Fund

7,268‌

3,205‌

633‌

10,376‌

International

Small

Company

Fund

7,204‌

1,802‌

827‌

9,748‌

LargeCap

S&P

500

Index

Fund

152,024‌

54,607‌

12,952‌

237,788‌

MidCap

S&P

400

Index

Fund

36,923‌

8,543‌

31,177‌

23,863‌

Origin

Emerging

Markets

Fund

7,884‌

1,572‌

725‌

10,353‌

Real

Estate

Securities

Fund

7,237‌

1,868‌

516‌

10,385‌

SmallCap

S&P

600

Index

Fund

11,541‌

4,204‌

1,087‌

18,258‌

$

329,922‌

$

105,829‌

$

56,311‌

$

460,569‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Bond

Market

Index

Fund

$

1,257‌

$

1‌

$

—‌

$

1,956‌

Diversified

International

Fund

2,156‌

2‌

—‌

16,364‌

High

Income

Fund

459‌

—‌

—‌

536‌

International

Small

Company

Fund

168‌

—‌

—‌

1,569‌

LargeCap

S&P

500

Index

Fund

2,431‌

(

1‌

)

4,664‌

44,110‌

MidCap

S&P

400

Index

Fund

641‌

759‌

996‌

8,815‌

Origin

Emerging

Markets

Fund

207‌

—‌

—‌

1,622‌

Real

Estate

Securities

Fund

163‌

—‌

—‌

1,796‌

SmallCap

S&P

600

Index

Fund

219‌

—‌

406‌

3,600‌

$

7,701‌

$

761‌

$

6,066‌

$

80,368‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

Hybrid

2050

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

212

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

40

.06

%

Diversified

International

Fund

(a)

6,665,681‌

$

96,052‌

International

Small

Company

Fund

(a)

881,755‌

9,497‌

MidCap

S&P

400

Index

Fund

(a)

942,868‌

23,298‌

Origin

Emerging

Markets

Fund

(a)

949,780‌

10,077‌

Real

Estate

Securities

Fund

(a)

323,228‌

9,322‌

SmallCap

S&P

600

Index

Fund

(a)

626,142‌

17,795‌

$

166,041‌

Principal

Funds,

Inc.

Institutional

Class

-

59

.95

%

Bond

Market

Index

Fund

(a)

1,484,313‌

12,810‌

High

Income

Fund

(a)

520,270‌

4,308‌

LargeCap

S&P

500

Index

Fund

(a)

8,515,187‌

231,357‌

$

248,475‌

TOTAL

INVESTMENT

COMPANIES

$

414,516‌

Total

Investments

$

414,516‌

Other

Assets

and

Liabilities

-  (0.01)%

(

55‌

)

TOTAL

NET

ASSETS

-

100.00%

$

414,461‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Bond

Market

Index

Fund

$

9,042‌

$

5,993‌

$

2,827‌

$

12,810‌

Diversified

International

Fund

67,350‌

16,802‌

3,658‌

96,052‌

High

Income

Fund

3,143‌

1,876‌

940‌

4,308‌

International

Small

Company

Fund

6,799‌

1,682‌

482‌

9,497‌

LargeCap

S&P

500

Index

Fund

142,914‌

53,806‌

7,331‌

231,357‌

MidCap

S&P

400

Index

Fund

34,735‌

8,655‌

29,214‌

23,298‌

Origin

Emerging

Markets

Fund

7,462‌

1,563‌

493‌

10,077‌

Real

Estate

Securities

Fund

6,323‌

1,746‌

340‌

9,322‌

SmallCap

S&P

600

Index

Fund

10,922‌

4,317‌

906‌

17,795‌

$

288,690‌

$

96,440‌

$

46,191‌

$

414,516‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Bond

Market

Index

Fund

$

403‌

$

(

22‌

)

$

—‌

$

624‌

Diversified

International

Fund

2,020‌

3‌

—‌

15,555‌

High

Income

Fund

177‌

9‌

—‌

220‌

International

Small

Company

Fund

158‌

—‌

—‌

1,498‌

LargeCap

S&P

500

Index

Fund

2,283‌

(

4‌

)

4,378‌

41,972‌

MidCap

S&P

400

Index

Fund

602‌

681‌

935‌

8,441‌

Origin

Emerging

Markets

Fund

195‌

—‌

—‌

1,545‌

Real

Estate

Securities

Fund

145‌

—‌

—‌

1,593‌

SmallCap

S&P

600

Index

Fund

208‌

—‌

383‌

3,462‌

$

6,191‌

$

667‌

$

5,696‌

$

74,910‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

Hybrid

2055

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

213

INVESTMENT

COMPANIES

-

100

.02

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

40

.30

%

Diversified

International

Fund

(a)

4,093,775‌

$

58,991‌

International

Small

Company

Fund

(a)

543,082‌

5,849‌

MidCap

S&P

400

Index

Fund

(a)

585,105‌

14,458‌

Origin

Emerging

Markets

Fund

(a)

583,567‌

6,192‌

Real

Estate

Securities

Fund

(a)

198,445‌

5,723‌

SmallCap

S&P

600

Index

Fund

(a)

386,553‌

10,986‌

$

102,199‌

Principal

Funds,

Inc.

Institutional

Class

-

59

.72

%

Bond

Market

Index

Fund

(a)

818,168‌

7,061‌

High

Income

Fund

(a)

293,529‌

2,430‌

LargeCap

S&P

500

Index

Fund

(a)

5,224,339‌

141,945‌

$

151,436‌

TOTAL

INVESTMENT

COMPANIES

$

253,635‌

Total

Investments

$

253,635‌

Other

Assets

and

Liabilities

-  (0.02)%

(

42‌

)

TOTAL

NET

ASSETS

-

100.00%

$

253,593‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Bond

Market

Index

Fund

$

5,262‌

$

3,219‌

$

1,744‌

$

7,061‌

Diversified

International

Fund

38,845‌

12,972‌

2,008‌

58,991‌

High

Income

Fund

1,826‌

1,047‌

575‌

2,430‌

International

Small

Company

Fund

3,968‌

1,364‌

372‌

5,849‌

LargeCap

S&P

500

Index

Fund

82,490‌

38,575‌

3,969‌

141,945‌

MidCap

S&P

400

Index

Fund

20,069‌

6,612‌

17,619‌

14,458‌

Origin

Emerging

Markets

Fund

4,307‌

1,254‌

281‌

6,192‌

Real

Estate

Securities

Fund

3,675‌

1,318‌

217‌

5,723‌

SmallCap

S&P

600

Index

Fund

6,322‌

3,029‌

445‌

10,986‌

$

166,764‌

$

69,390‌

$

27,230‌

$

253,635‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Bond

Market

Index

Fund

$

237‌

$

(

9‌

)

$

—‌

$

333‌

Diversified

International

Fund

1,178‌

1‌

—‌

9,181‌

High

Income

Fund

102‌

5‌

—‌

127‌

International

Small

Company

Fund

93‌

—‌

—‌

889‌

LargeCap

S&P

500

Index

Fund

1,330‌

(

1‌

)

2,550‌

24,850‌

MidCap

S&P

400

Index

Fund

352‌

526‌

545‌

4,870‌

Origin

Emerging

Markets

Fund

114‌

—‌

—‌

912‌

Real

Estate

Securities

Fund

86‌

—‌

—‌

947‌

SmallCap

S&P

600

Index

Fund

122‌

—‌

225‌

2,080‌

$

3,614‌

$

522‌

$

3,320‌

$

44,189‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

Hybrid

2060

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

214

INVESTMENT

COMPANIES

-

100

.02

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

40

.33

%

Diversified

International

Fund

(a)

2,130,691‌

$

30,703‌

International

Small

Company

Fund

(a)

283,170‌

3,050‌

MidCap

S&P

400

Index

Fund

(a)

305,321‌

7,545‌

Origin

Emerging

Markets

Fund

(a)

303,808‌

3,223‌

Real

Estate

Securities

Fund

(a)

103,879‌

2,996‌

SmallCap

S&P

600

Index

Fund

(a)

201,658‌

5,731‌

$

53,248‌

Principal

Funds,

Inc.

Institutional

Class

-

59

.69

%

Bond

Market

Index

Fund

(a)

426,503‌

3,681‌

High

Income

Fund

(a)

152,975‌

1,267‌

LargeCap

S&P

500

Index

Fund

(a)

2,718,274‌

73,855‌

$

78,803‌

TOTAL

INVESTMENT

COMPANIES

$

132,051‌

Total

Investments

$

132,051‌

Other

Assets

and

Liabilities

-  (0.02)%

(

31‌

)

TOTAL

NET

ASSETS

-

100.00%

$

132,020‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Bond

Market

Index

Fund

$

2,599‌

$

1,835‌

$

920‌

$

3,681‌

Diversified

International

Fund

19,039‌

8,267‌

1,198‌

30,703‌

High

Income

Fund

900‌

600‌

299‌

1,267‌

International

Small

Company

Fund

1,966‌

876‌

241‌

3,050‌

LargeCap

S&P

500

Index

Fund

40,446‌

23,330‌

2,412‌

73,855‌

MidCap

S&P

400

Index

Fund

9,856‌

4,209‌

9,228‌

7,545‌

Origin

Emerging

Markets

Fund

2,112‌

821‌

166‌

3,223‌

Real

Estate

Securities

Fund

1,811‌

837‌

135‌

2,996‌

SmallCap

S&P

600

Index

Fund

3,119‌

1,827‌

277‌

5,731‌

$

81,848‌

$

42,602‌

$

14,876‌

$

132,051‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Bond

Market

Index

Fund

$

119‌

$

(

3‌

)

$

—‌

$

170‌

Diversified

International

Fund

588‌

1‌

—‌

4,594‌

High

Income

Fund

52‌

3‌

—‌

63‌

International

Small

Company

Fund

47‌

—‌

—‌

449‌

LargeCap

S&P

500

Index

Fund

662‌

1‌

1,269‌

12,490‌

MidCap

S&P

400

Index

Fund

176‌

273‌

273‌

2,435‌

Origin

Emerging

Markets

Fund

57‌

—‌

—‌

456‌

Real

Estate

Securities

Fund

44‌

—‌

—‌

483‌

SmallCap

S&P

600

Index

Fund

61‌

—‌

114‌

1,062‌

$

1,806‌

$

275‌

$

1,656‌

$

22,202‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

Hybrid

2065

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

215

INVESTMENT

COMPANIES

-

100

.07

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

40

.54

%

Diversified

International

Fund

(a)

663,872‌

$

9,566‌

International

Small

Company

Fund

(a)

88,850‌

957‌

MidCap

S&P

400

Index

Fund

(a)

97,608‌

2,412‌

Origin

Emerging

Markets

Fund

(a)

94,701‌

1,005‌

Real

Estate

Securities

Fund

(a)

32,716‌

944‌

SmallCap

S&P

600

Index

Fund

(a)

63,445‌

1,803‌

$

16,687‌

Principal

Funds,

Inc.

Institutional

Class

-

59

.53

%

Bond

Market

Index

Fund

(a)

133,812‌

1,155‌

High

Income

Fund

(a)

47,914‌

396‌

LargeCap

S&P

500

Index

Fund

(a)

844,822‌

22,954‌

$

24,505‌

TOTAL

INVESTMENT

COMPANIES

$

41,192‌

Total

Investments

$

41,192‌

Other

Assets

and

Liabilities

-  (0.07)%

(

29‌

)

TOTAL

NET

ASSETS

-

100.00%

$

41,163‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Bond

Market

Index

Fund

$

744‌

$

652‌

$

290‌

$

1,155‌

Diversified

International

Fund

5,441‌

3,250‌

460‌

9,566‌

High

Income

Fund

258‌

215‌

96‌

396‌

International

Small

Company

Fund

563‌

350‌

88‌

957‌

LargeCap

S&P

500

Index

Fund

11,568‌

8,658‌

932‌

22,954‌

MidCap

S&P

400

Index

Fund

2,815‌

1,665‌

2,861‌

2,412‌

Origin

Emerging

Markets

Fund

604‌

331‌

61‌

1,005‌

Real

Estate

Securities

Fund

519‌

331‌

50‌

944‌

SmallCap

S&P

600

Index

Fund

885‌

714‌

114‌

1,803‌

$

23,397‌

$

16,166‌

$

4,952‌

$

41,192‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Bond

Market

Index

Fund

$

34‌

$

(

2‌

)

$

—‌

$

51‌

Diversified

International

Fund

166‌

—‌

—‌

1,335‌

High

Income

Fund

15‌

—‌

—‌

19‌

International

Small

Company

Fund

13‌

—‌

—‌

132‌

LargeCap

S&P

500

Index

Fund

187‌

(

1‌

)

359‌

3,661‌

MidCap

S&P

400

Index

Fund

50‌

44‌

77‌

749‌

Origin

Emerging

Markets

Fund

16‌

—‌

—‌

131‌

Real

Estate

Securities

Fund

13‌

—‌

—‌

144‌

SmallCap

S&P

600

Index

Fund

17‌

—‌

32‌

318‌

$

511‌

$

41‌

$

468‌

$

6,540‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

Hybrid

2070

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

216

INVESTMENT

COMPANIES

-

99

.92

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

40

.46

%

Diversified

International

Fund

(a)

57,927‌

$

835‌

International

Small

Company

Fund

(a)

7,771‌

84‌

MidCap

S&P

400

Index

Fund

(a)

8,457‌

209‌

Origin

Emerging

Markets

Fund

(a)

8,282‌

88‌

Real

Estate

Securities

Fund

(a)

2,863‌

82‌

SmallCap

S&P

600

Index

Fund

(a)

5,548‌

158‌

$

1,456‌

Principal

Funds,

Inc.

Institutional

Class

-

59

.46

%

Bond

Market

Index

Fund

(a)

11,743‌

101‌

High

Income

Fund

(a)

4,193‌

35‌

LargeCap

S&P

500

Index

Fund

(a)

73,757‌

2,004‌

$

2,140‌

TOTAL

INVESTMENT

COMPANIES

$

3,596‌

Total

Investments

$

3,596‌

Other

Assets

and

Liabilities

-  0.08%

3‌

TOTAL

NET

ASSETS

-

100.00%

$

3,599‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Bond

Market

Index

Fund

$

22‌

$

108‌

$

32‌

$

101‌

Diversified

International

Fund

157‌

727‌

122‌

835‌

High

Income

Fund

8‌

37‌

10‌

35‌

International

Small

Company

Fund

17‌

73‌

14‌

84‌

LargeCap

S&P

500

Index

Fund

332‌

1,721‌

264‌

2,004‌

MidCap

S&P

400

Index

Fund

82‌

357‌

273‌

209‌

Origin

Emerging

Markets

Fund

17‌

77‌

13‌

88‌

Real

Estate

Securities

Fund

15‌

71‌

11‌

82‌

SmallCap

S&P

600

Index

Fund

28‌

130‌

20‌

158‌

$

678‌

$

3,301‌

$

759‌

$

3,596‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Bond

Market

Index

Fund

$

1‌

$

—‌

$

—‌

$

3‌

Diversified

International

Fund

7‌

—‌

—‌

73‌

High

Income

Fund

1‌

—‌

—‌

—‌

International

Small

Company

Fund

—‌

—‌

—‌

8‌

LargeCap

S&P

500

Index

Fund

7‌

2‌

13‌

213‌

MidCap

S&P

400

Index

Fund

2‌

7‌

3‌

36‌

Origin

Emerging

Markets

Fund

1‌

—‌

—‌

7‌

Real

Estate

Securities

Fund

1‌

—‌

—‌

7‌

SmallCap

S&P

600

Index

Fund

1‌

—‌

2‌

20‌

$

21‌

$

9‌

$

18‌

$

367‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

Hybrid

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

217

INVESTMENT

COMPANIES

-

100

.02

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

15

.71

%

Diversified

International

Fund

(a)

817,140‌

$

11,775‌

Diversified

Real

Asset

Fund

(a)

291,928‌

3,322‌

International

Small

Company

Fund

(a)

108,474‌

1,168‌

MidCap

S&P

400

Index

Fund

(a)

117,469‌

2,902‌

Origin

Emerging

Markets

Fund

(a)

116,388‌

1,235‌

SmallCap

S&P

600

Index

Fund

(a)

76,837‌

2,184‌

$

22,586‌

Principal

Funds,

Inc.

Institutional

Class

-

84

.31

%

Bond

Market

Index

Fund

(a)

5,669,408‌

48,927‌

High

Income

Fund

(a)

1,254,003‌

10,383‌

Inflation

Protection

Fund

(a)

1,081,781‌

8,503‌

LargeCap

S&P

500

Index

Fund

(a)

1,042,690‌

28,330‌

Short-Term

Income

Fund

(a)

2,097,318‌

25,084‌

$

121,227‌

TOTAL

INVESTMENT

COMPANIES

$

143,813‌

Total

Investments

$

143,813‌

Other

Assets

and

Liabilities

-  (0.02)%

(

22‌

)

TOTAL

NET

ASSETS

-

100.00%

$

143,791‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Bond

Market

Index

Fund

$

35,504‌

$

13,855‌

$

2,816‌

$

48,927‌

Diversified

International

Fund

8,515‌

2,527‌

1,229‌

11,775‌

Diversified

Real

Asset

Fund

2,571‌

797‌

354‌

3,322‌

High

Income

Fund

7,109‌

3,271‌

524‌

10,383‌

Inflation

Protection

Fund

6,650‌

2,389‌

865‌

8,503‌

International

Small

Company

Fund

859‌

299‌

179‌

1,168‌

LargeCap

S&P

500

Index

Fund

18,052‌

7,441‌

2,457‌

28,330‌

MidCap

S&P

400

Index

Fund

4,378‌

1,451‌

4,083‌

2,902‌

Origin

Emerging

Markets

Fund

926‌

276‌

161‌

1,235‌

Short-Term

Income

Fund

18,638‌

7,130‌

1,373‌

25,084‌

SmallCap

S&P

600

Index

Fund

1,369‌

582‌

201‌

2,184‌

$

104,571‌

$

40,018‌

$

14,242‌

$

143,813‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Bond

Market

Index

Fund

$

1,572‌

$

(

2‌

)

$

—‌

$

2,386‌

Diversified

International

Fund

254‌

7‌

—‌

1,955‌

Diversified

Real

Asset

Fund

62‌

—‌

—‌

308‌

High

Income

Fund

453‌

—‌

—‌

527‌

Inflation

Protection

Fund

250‌

—‌

—‌

329‌

International

Small

Company

Fund

20‌

1‌

—‌

188‌

LargeCap

S&P

500

Index

Fund

287‌

5‌

551‌

5,289‌

MidCap

S&P

400

Index

Fund

75‌

(

15‌

)

118‌

1,171‌

Origin

Emerging

Markets

Fund

24‌

—‌

—‌

194‌

Short-Term

Income

Fund

576‌

2‌

—‌

687‌

SmallCap

S&P

600

Index

Fund

26‌

—‌

48‌

434‌

$

3,599‌

$

(

2‌

)

$

717‌

$

13,468‌

Amounts

in

thousands.

Schedule

of

Investments

Principal

LifeTime

Strategic

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

218

INVESTMENT

COMPANIES

-

100

.01

%

Shares

Held

Value

(000's)

Principal

Funds,

Inc.

Class

R-6

-

54

.85

%

Blue

Chip

Fund

(a)

734,438‌

$

33,050‌

Core

Fixed

Income

Fund

(a)

31,617,343‌

271,909‌

Diversified

International

Fund

(a)

3,085,741‌

44,466‌

Diversified

Real

Asset

Fund

(a)

1,610,619‌

18,329‌

International

Small

Company

Fund

(a)

599,394‌

6,456‌

LargeCap

Growth

Fund

I

(a)

1,622,625‌

32,485‌

MidCap

Fund

(a)

115,158‌

5,070‌

MidCap

Value

Fund

I

(a)

332,973‌

6,070‌

Origin

Emerging

Markets

Fund

(a)

938,103‌

9,953‌

SmallCap

Growth

Fund

I

(a),(b)

360,957‌

5,627‌

SmallCap

Value

Fund

II

(a)

462,677‌

6,149‌

$

439,564‌

Principal

Funds,

Inc.

Institutional

Class

-

45

.16

%

Equity

Income

Fund

(a)

734,589‌

30,647‌

High

Income

Fund

(a)

7,010,016‌

58,043‌

Inflation

Protection

Fund

(a)

5,993,789‌

47,111‌

LargeCap

S&P

500

Index

Fund

(a)

1,224,906‌

33,281‌

LargeCap

Value

Fund

III

(a)

1,535,045‌

30,747‌

MidCap

Growth

Fund

III

(a),(b)

343,103‌

3,976‌

Overseas

Fund

(a)

1,631,664‌

18,340‌

Short-Term

Income

Fund

(a)

11,687,227‌

139,779‌

$

361,924‌

TOTAL

INVESTMENT

COMPANIES

$

801,488‌

Total

Investments

$

801,488‌

Other

Assets

and

Liabilities

-  (0.01)%

(

51‌

)

TOTAL

NET

ASSETS

-

100.00%

$

801,437‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

Non-income

producing

security

Schedule

of

Investments

Principal

LifeTime

Strategic

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

219

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

28,543‌

$

2,876‌

$

7,411‌

$

33,050‌

Core

Fixed

Income

Fund

259,445‌

24,160‌

31,895‌

271,909‌

Diversified

International

Fund

38,248‌

5,217‌

7,436‌

44,466‌

Diversified

Real

Asset

Fund

17,816‌

779‌

2,246‌

18,329‌

Equity

Income

Fund

24,487‌

4,042‌

4,079‌

30,647‌

High

Income

Fund

52,380‌

7,953‌

5,930‌

58,043‌

Inflation

Protection

Fund

48,502‌

3,936‌

7,319‌

47,111‌

International

Small

Company

Fund

6,169‌

249‌

1,204‌

6,456‌

LargeCap

Growth

Fund

I

28,058‌

4,689‌

7,289‌

32,485‌

LargeCap

S&P

500

Index

Fund

26,413‌

4,084‌

4,284‌

33,281‌

LargeCap

Value

Fund

III

24,732‌

5,101‌

4,157‌

30,747‌

MidCap

Fund

4,361‌

189‌

849‌

5,070‌

MidCap

Growth

Fund

III

11,697‌

1,054‌

10,345‌

3,976‌

MidCap

Value

Fund

I

16,340‌

1,030‌

14,284‌

6,070‌

Origin

Emerging

Markets

Fund

9,962‌

397‌

2,331‌

9,953‌

Overseas

Fund

20,919‌

1,657‌

6,409‌

18,340‌

Short-Term

Income

Fund

136,995‌

13,796‌

15,543‌

139,779‌

SmallCap

Growth

Fund

I

4,694‌

404‌

979‌

5,627‌

SmallCap

Value

Fund

II

5,103‌

608‌

985‌

6,149‌

$

764,864‌

$

82,221‌

$

134,975‌

$

801,488‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

10‌

$

4,139‌

$

—‌

$

4,903‌

Core

Fixed

Income

Fund

7,083‌

(

1,818‌

)

—‌

22,017‌

Diversified

International

Fund

1,095‌

81‌

—‌

8,356‌

Diversified

Real

Asset

Fund

383‌

(

37‌

)

—‌

2,017‌

Equity

Income

Fund

419‌

(

161‌

)

192‌

6,358‌

High

Income

Fund

2,908‌

(

171‌

)

—‌

3,811‌

Inflation

Protection

Fund

1,748‌

(

57‌

)

—‌

2,049‌

International

Small

Company

Fund

136‌

32‌

—‌

1,210‌

LargeCap

Growth

Fund

I

28‌

(

495‌

)

1,780‌

7,522‌

LargeCap

S&P

500

Index

Fund

405‌

49‌

777‌

7,019‌

LargeCap

Value

Fund

III

488‌

81‌

374‌

4,990‌

MidCap

Fund

6‌

(

76‌

)

122‌

1,445‌

MidCap

Growth

Fund

III

—‌

1,302‌

908‌

268‌

MidCap

Value

Fund

I

252‌

1,287‌

574‌

1,697‌

Origin

Emerging

Markets

Fund

249‌

144‌

—‌

1,781‌

Overseas

Fund

986‌

592‌

415‌

1,581‌

Short-Term

Income

Fund

3,678‌

(

75‌

)

—‌

4,606‌

SmallCap

Growth

Fund

I

—‌

(

45‌

)

—‌

1,553‌

SmallCap

Value

Fund

II

161‌

(

44‌

)

23‌

1,467‌

$

20,035‌

$

4,728‌

$

5,165‌

$

84,650‌

Amounts

in

thousands.

Schedule

of

Investments

Real

Estate

Securities

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

220

INVESTMENT

COMPANIES

-

0

.84

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

0

.84

%

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b)

52,948,849‌

$

52,949‌

TOTAL

INVESTMENT

COMPANIES

$

52,949‌

COMMON

STOCKS

-

99

.13

%

Shares

Held

Value

(000's)

Entertainment

-

0

.59

%

Marriott

Vacations

Worldwide

Corp

438,498‌

$

37,088‌

REITs

-

98

.54

%

Alexandria

Real

Estate

Equities

Inc

1,133,293‌

132,924‌

American

Healthcare

REIT

Inc

2,363,381‌

37,672‌

American

Homes

4

Rent

4,579,269‌

165,266‌

American

Tower

Corp

3,074,171‌

677,547‌

Americold

Realty

Trust

Inc

4,972,351‌

148,624‌

AvalonBay

Communities

Inc

1,538,796‌

315,330‌

Broadstone

Net

Lease

Inc

4,899,431‌

85,299‌

Cousins

Properties

Inc

3,163,467‌

87,027‌

DiamondRock

Hospitality

Co

4,462,835‌

36,729‌

Digital

Realty

Trust

Inc

1,271,478‌

190,073‌

Equinix

Inc

553,186‌

437,150‌

Equity

Residential

2,269,668‌

158,037‌

Essex

Property

Trust

Inc

456,028‌

126,940‌

Extra

Space

Storage

Inc

1,985,609‌

316,943‌

Gaming

and

Leisure

Properties

Inc

2,501,553‌

125,578‌

Healthcare

Realty

Trust

Inc

3,349,776‌

59,258‌

InvenTrust

Properties

Corp

1,626,971‌

45,832‌

Invitation

Homes

Inc

6,223,491‌

219,503‌

Kilroy

Realty

Corp

1,517,180‌

56,090‌

Lineage

Inc

(c)

435,150‌

38,241‌

National

Health

Investors

Inc

779,140‌

58,326‌

NETSTREIT

Corp

1,782,131‌

29,352‌

NNN

REIT

Inc

2,242,518‌

100,667‌

Prologis

Inc

3,170,068‌

399,587‌

Regency

Centers

Corp

3,101,882‌

208,881‌

Rexford

Industrial

Realty

Inc

3,193,413‌

160,022‌

Ryman

Hospitality

Properties

Inc

718,356‌

72,202‌

Sabra

Health

Care

REIT

Inc

7,049,294‌

114,410‌

Saul

Centers

Inc

279,987‌

11,073‌

SBA

Communications

Corp

1,054,533‌

231,512‌

Simon

Property

Group

Inc

329,642‌

50,580‌

Sun

Communities

Inc

1,128,324‌

142,992‌

Terreno

Realty

Corp

1,845,145‌

126,226‌

Ventas

Inc

6,352,150‌

345,811‌

VICI

Properties

Inc

7,347,231‌

229,674‌

Welltower

Inc

3,805,408‌

423,352‌

Weyerhaeuser

Co

1,695,749‌

53,857‌

$

6,218,587‌

TOTAL

COMMON

STOCKS

$

6,255,675‌

Total

Investments

$

6,308,624‌

Other

Assets

and

Liabilities

-  0.03%

1,633‌

TOTAL

NET

ASSETS

-

100.00%

$

6,310,257‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

1-day

yield

shown

is

as

of

period

end.

(c)

Non-income

producing

security

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

127,008‌

$

647,417‌

$

721,476‌

$

52,949‌

$

127,008‌

$

647,417‌

$

721,476‌

$

52,949‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

2,538‌

$

—‌

$

—‌

$

—‌

$

2,538‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

Schedule

of

Investments

SAM

Balanced

Portfolio

July

31,

2024

(unaudited)

See

accompanying

notes.

221

INVESTMENT

COMPANIES

-

100

.04

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

0

.62

%

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b)

28,699,947‌

$

28,700‌

Principal

Exchange-Traded

Funds

-

14

.25

%

Principal

U.S.

Mega-Cap

ETF

(a)

9,681,257‌

521,239‌

Principal

U.S.

Small-Cap

ETF

(a)

2,591,700‌

135,442‌

$

656,681‌

Principal

Funds,

Inc.

Class

R-6

-

46

.91

%

Blue

Chip

Fund

(a)

7,889,899‌

355,045‌

Core

Fixed

Income

Fund

(a)

82,545,139‌

709,888‌

Diversified

International

Fund

(a)

11,322,863‌

163,162‌

Diversified

Real

Asset

Fund

(a)

12,570,359‌

143,051‌

High

Yield

Fund

(a)

24,723,075‌

166,139‌

International

Equity

Index

Fund

(a)

1,882,083‌

22,679‌

International

Small

Company

Fund

(a)

4,265,712‌

45,942‌

LargeCap

Growth

Fund

I

(a)

7,765,858‌

155,473‌

MidCap

Fund

(a)

1,428,351‌

62,890‌

Origin

Emerging

Markets

Fund

(a)

8,568,020‌

90,907‌

Real

Estate

Securities

Fund

(a)

1,590,253‌

45,863‌

Small-MidCap

Dividend

Income

Fund

(a)

3,618,024‌

70,154‌

Spectrum

Preferred

and

Capital

Securities

Income

Fund

(a)

14,366,665‌

131,024‌

$

2,162,217‌

Principal

Funds,

Inc.

Institutional

Class

-

38

.26

%

Bond

Market

Index

Fund

(a)

23,462,916‌

202,485‌

Equity

Income

Fund

(a)

8,019,805‌

334,586‌

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

(a)

6,889,334‌

60,557‌

Government

&

High

Quality

Bond

Fund

(a)

6,739,654‌

60,792‌

Inflation

Protection

Fund

(a)

11,812,717‌

92,848‌

LargeCap

S&P

500

Index

Fund

(a)

3,598,670‌

97,776‌

LargeCap

Value

Fund

III

(a)

12,682,740‌

254,035‌

Overseas

Fund

(a)

13,456,844‌

151,255‌

Principal

Capital

Appreciation

Fund

(a)

5,265,526‌

426,613‌

Short-Term

Income

Fund

(a)

6,893,811‌

82,450‌

$

1,763,397‌

TOTAL

INVESTMENT

COMPANIES

$

4,610,995‌

Total

Investments

$

4,610,995‌

Other

Assets

and

Liabilities

-  (0.04)%

(

1,946‌

)

TOTAL

NET

ASSETS

-

100.00%

$

4,609,049‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

1-day

yield

shown

is

as

of

period

end.

Schedule

of

Investments

SAM

Balanced

Portfolio

July

31,

2024

(unaudited)

See

accompanying

notes.

222

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

369,375‌

$

1,908‌

$

129,446‌

$

355,045‌

Bond

Market

Index

Fund

268,530‌

26,604‌

106,613‌

202,485‌

Core

Fixed

Income

Fund

571,458‌

117,297‌

25,647‌

709,888‌

Diversified

International

Fund

147,549‌

4,837‌

21,183‌

163,162‌

Diversified

Real

Asset

Fund

126,055‌

9,946‌

7,688‌

143,051‌

Equity

Income

Fund

279,957‌

9,099‌

25,817‌

334,586‌

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

54,902‌

4,679‌

2,635‌

60,557‌

Government

&

High

Quality

Bond

Fund

56,521‌

2,306‌

3,055‌

60,792‌

High

Yield

Fund

151,899‌

10,285‌

7,502‌

166,139‌

Inflation

Protection

Fund

71,715‌

19,344‌

1,500‌

92,848‌

International

Equity

Index

Fund

20,021‌

1,245‌

2,414‌

22,679‌

International

Small

Company

Fund

39,816‌

1,131‌

3,306‌

45,942‌

LargeCap

Growth

Fund

I

137,994‌

9,525‌

27,511‌

155,473‌

LargeCap

S&P

500

Index

Fund

82,637‌

4,234‌

11,403‌

97,776‌

LargeCap

Value

Fund

III

146,939‌

83,210‌

10,714‌

254,035‌

MidCap

Fund

68,102‌

2,323‌

27,859‌

62,890‌

Origin

Emerging

Markets

Fund

87,585‌

2,534‌

16,015‌

90,907‌

Overseas

Fund

95,715‌

44,534‌

2,688‌

151,255‌

Principal

Capital

Appreciation

Fund

372,396‌

5,704‌

69,880‌

426,613‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

29,543‌

11,254‌

12,097‌

28,700‌

Principal

U.S.

Mega-Cap

ETF

422,573‌

37,081‌

67,148‌

521,239‌

Principal

U.S.

Small-Cap

ETF

76,269‌

24,674‌

—‌

135,442‌

Real

Estate

Securities

Fund

37,636‌

1,450‌

1,980‌

45,863‌

Short-Term

Income

Fund

81,516‌

3,177‌

4,972‌

82,450‌

Small-MidCap

Dividend

Income

Fund

78,521‌

2,146‌

31,473‌

70,154‌

Spectrum

Preferred

and

Capital

Securities

Income

Fund

120,976‌

6,242‌

7,957‌

131,024‌

$

3,996,200‌

$

446,769‌

$

628,503‌

$

4,610,995‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

119‌

$

80,493‌

$

—‌

$

32,715‌

Bond

Market

Index

Fund

7,583‌

(

4,542‌

)

—‌

18,506‌

Core

Fixed

Income

Fund

17,516‌

(

3,325‌

)

—‌

50,105‌

Diversified

International

Fund

4,310‌

2,969‌

—‌

28,990‌

Diversified

Real

Asset

Fund

2,935‌

(

974‌

)

—‌

15,712‌

Equity

Income

Fund

4,910‌

10,371‌

2,233‌

60,976‌

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

3,600‌

(

500‌

)

—‌

4,111‌

Government

&

High

Quality

Bond

Fund

1,384‌

(

210‌

)

—‌

5,230‌

High

Yield

Fund

8,127‌

(

618‌

)

—‌

12,075‌

Inflation

Protection

Fund

2,674‌

(

215‌

)

—‌

3,504‌

International

Equity

Index

Fund

652‌

60‌

187‌

3,767‌

International

Small

Company

Fund

893‌

77‌

—‌

8,224‌

LargeCap

Growth

Fund

I

138‌

(

2,968‌

)

8,698‌

38,433‌

LargeCap

S&P

500

Index

Fund

1,263‌

1,284‌

2,425‌

21,024‌

LargeCap

Value

Fund

III

2,956‌

(

223‌

)

2,263‌

34,823‌

MidCap

Fund

81‌

4,874‌

1,725‌

15,450‌

Origin

Emerging

Markets

Fund

2,214‌

(

3,397‌

)

—‌

20,200‌

Overseas

Fund

5,379‌

(

71‌

)

2,265‌

13,765‌

Principal

Capital

Appreciation

Fund

3,956‌

5,931‌

—‌

112,462‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

1,222‌

—‌

—‌

—‌

Principal

U.S.

Mega-Cap

ETF

5,177‌

9,669‌

—‌

119,064‌

Principal

U.S.

Small-Cap

ETF

796‌

—‌

—‌

34,499‌

Real

Estate

Securities

Fund

772‌

(

3‌

)

—‌

8,760‌

Short-Term

Income

Fund

2,235‌

(

82‌

)

—‌

2,811‌

Small-MidCap

Dividend

Income

Fund

1,186‌

2,975‌

570‌

17,985‌

Spectrum

Preferred

and

Capital

Securities

Income

Fund

5,163‌

(

1,066‌

)

—‌

12,829‌

$

87,241‌

$

100,509‌

$

20,366‌

$

696,020‌

Amounts

in

thousands.

Schedule

of

Investments

SAM

Conservative

Balanced

Portfolio

July

31,

2024

(unaudited)

See

accompanying

notes.

223

INVESTMENT

COMPANIES

-

100

.04

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

0

.60

%

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b)

11,218,195‌

$

11,218‌

Principal

Exchange-Traded

Funds

-

9

.50

%

Principal

U.S.

Mega-Cap

ETF

(a)

2,601,648‌

140,072‌

Principal

U.S.

Small-Cap

ETF

(a)

693,700‌

36,253‌

$

176,325‌

Principal

Funds,

Inc.

Class

R-6

-

51

.83

%

Blue

Chip

Fund

(a)

2,339,959‌

105,298‌

Core

Fixed

Income

Fund

(a)

58,586,612‌

503,845‌

Diversified

International

Fund

(a)

3,246,106‌

46,776‌

Diversified

Real

Asset

Fund

(a)

4,155,735‌

47,292‌

High

Yield

Fund

(a)

11,451,139‌

76,952‌

International

Equity

Index

Fund

(a)

743,888‌

8,964‌

International

Small

Company

Fund

(a)

1,056,195‌

11,375‌

LargeCap

Growth

Fund

I

(a)

1,119,626‌

22,415‌

Origin

Emerging

Markets

Fund

(a)

2,087,715‌

22,151‌

Real

Estate

Securities

Fund

(a)

659,488‌

19,020‌

Small-MidCap

Dividend

Income

Fund

(a)

1,368,825‌

26,541‌

Spectrum

Preferred

and

Capital

Securities

Income

Fund

(a)

7,779,120‌

70,946‌

$

961,575‌

Principal

Funds,

Inc.

Institutional

Class

-

38

.11

%

Bond

Market

Index

Fund

(a)

21,358,502‌

184,324‌

Equity

Income

Fund

(a)

2,841,607‌

118,552‌

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

(a)

4,572,816‌

40,195‌

Government

&

High

Quality

Bond

Fund

(a)

4,826,248‌

43,533‌

Inflation

Protection

Fund

(a)

8,869,515‌

69,714‌

LargeCap

S&P

500

Index

Fund

(a)

1,088,534‌

29,576‌

LargeCap

Value

Fund

III

(a)

1,637,160‌

32,792‌

Overseas

Fund

(a)

2,683,090‌

30,158‌

Principal

Capital

Appreciation

Fund

(a)

1,370,725‌

111,056‌

Short-Term

Income

Fund

(a)

3,934,378‌

47,055‌

$

706,955‌

TOTAL

INVESTMENT

COMPANIES

$

1,856,073‌

Total

Investments

$

1,856,073‌

Other

Assets

and

Liabilities

-  (0.04)%

(

743‌

)

TOTAL

NET

ASSETS

-

100.00%

$

1,855,330‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

1-day

yield

shown

is

as

of

period

end.

Schedule

of

Investments

SAM

Conservative

Balanced

Portfolio

July

31,

2024

(unaudited)

See

accompanying

notes.

224

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

99,516‌

$

2,330‌

$

27,180‌

$

105,298‌

Bond

Market

Index

Fund

214,080‌

17,474‌

58,485‌

184,324‌

Core

Fixed

Income

Fund

394,896‌

91,189‌

14,970‌

503,845‌

Diversified

International

Fund

40,632‌

1,821‌

4,485‌

46,776‌

Diversified

Real

Asset

Fund

44,915‌

1,348‌

4,040‌

47,292‌

Equity

Income

Fund

98,544‌

5,261‌

10,381‌

118,552‌

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

37,388‌

3,464‌

3,122‌

40,195‌

Government

&

High

Quality

Bond

Fund

38,895‌

3,221‌

2,083‌

43,533‌

High

Yield

Fund

67,802‌

7,106‌

3,114‌

76,952‌

Inflation

Protection

Fund

60,562‌

9,600‌

3,105‌

69,714‌

International

Equity

Index

Fund

8,030‌

767‌

1,372‌

8,964‌

International

Small

Company

Fund

9,935‌

708‌

1,337‌

11,375‌

LargeCap

Growth

Fund

I

20,782‌

1,750‌

5,346‌

22,415‌

LargeCap

S&P

500

Index

Fund

25,776‌

1,698‌

4,801‌

29,576‌

LargeCap

Value

Fund

III

19,862‌

10,384‌

2,282‌

32,792‌

MidCap

Fund

16,174‌

534‌

20,441‌

—‌

Origin

Emerging

Markets

Fund

21,820‌

561‌

4,467‌

22,151‌

Overseas

Fund

16,289‌

12,392‌

1,327‌

30,158‌

Principal

Capital

Appreciation

Fund

94,956‌

3,448‌

17,744‌

111,056‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

8,997‌

4,427‌

2,206‌

11,218‌

Principal

U.S.

Mega-Cap

ETF

114,370‌

13,145‌

22,854‌

140,072‌

Principal

U.S.

Small-Cap

ETF

24,853‌

1,981‌

—‌

36,253‌

Real

Estate

Securities

Fund

11,620‌

4,844‌

634‌

19,020‌

Short-Term

Income

Fund

44,004‌

3,586‌

2,033‌

47,055‌

Small-MidCap

Dividend

Income

Fund

19,984‌

1,758‌

1,188‌

26,541‌

Spectrum

Preferred

and

Capital

Securities

Income

Fund

64,422‌

4,951‌

4,723‌

70,946‌

$

1,619,104‌

$

209,748‌

$

223,720‌

$

1,856,073‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

32‌

$

11,575‌

$

—‌

$

19,057‌

Bond

Market

Index

Fund

8,306‌

(

3,902‌

)

—‌

15,157‌

Core

Fixed

Income

Fund

12,323‌

(

2,635‌

)

—‌

35,365‌

Diversified

International

Fund

1,183‌

402‌

—‌

8,406‌

Diversified

Real

Asset

Fund

993‌

(

516‌

)

—‌

5,585‌

Equity

Income

Fund

1,737‌

365‌

785‌

24,763‌

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

2,402‌

(

594‌

)

—‌

3,059‌

Government

&

High

Quality

Bond

Fund

959‌

(

150‌

)

—‌

3,650‌

High

Yield

Fund

3,675‌

(

167‌

)

—‌

5,325‌

Inflation

Protection

Fund

2,257‌

(

439‌

)

—‌

3,096‌

International

Equity

Index

Fund

262‌

41‌

75‌

1,498‌

International

Small

Company

Fund

223‌

25‌

—‌

2,044‌

LargeCap

Growth

Fund

I

21‌

746‌

1,324‌

4,483‌

LargeCap

S&P

500

Index

Fund

398‌

560‌

764‌

6,343‌

LargeCap

Value

Fund

III

399‌

54‌

306‌

4,774‌

MidCap

Fund

21‌

4,071‌

460‌

(

338‌

)

Origin

Emerging

Markets

Fund

555‌

(

445‌

)

—‌

4,682‌

Overseas

Fund

782‌

9‌

329‌

2,795‌

Principal

Capital

Appreciation

Fund

1,022‌

1,628‌

—‌

28,768‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

449‌

—‌

—‌

—‌

Principal

U.S.

Mega-Cap

ETF

1,423‌

3,380‌

—‌

32,031‌

Principal

U.S.

Small-Cap

ETF

213‌

—‌

—‌

9,419‌

Real

Estate

Securities

Fund

272‌

(

8‌

)

—‌

3,198‌

Short-Term

Income

Fund

1,226‌

(

11‌

)

—‌

1,509‌

Small-MidCap

Dividend

Income

Fund

372‌

26‌

147‌

5,961‌

Spectrum

Preferred

and

Capital

Securities

Income

Fund

2,774‌

(

633‌

)

—‌

6,929‌

$

44,279‌

$

13,382‌

$

4,190‌

$

237,559‌

Amounts

in

thousands.

Schedule

of

Investments

SAM

Conservative

Growth

Portfolio

July

31,

2024

(unaudited)

See

accompanying

notes.

225

INVESTMENT

COMPANIES

-

100

.04

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

0

.86

%

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b)

27,603,023‌

$

27,603‌

Principal

Exchange-Traded

Funds

-

16

.26

%

Principal

U.S.

Mega-Cap

ETF

(a)

7,385,445‌

397,632‌

Principal

U.S.

Small-Cap

ETF

(a)

2,338,800‌

122,226‌

$

519,858‌

Principal

Funds,

Inc.

Class

R-6

-

41

.80

%

Blue

Chip

Fund

(a)

7,798,219‌

350,920‌

Core

Fixed

Income

Fund

(a)

27,052,274‌

232,650‌

Diversified

International

Fund

(a)

9,090,647‌

130,996‌

Diversified

Real

Asset

Fund

(a)

9,734,716‌

110,781‌

High

Yield

Fund

(a)

6,641,778‌

44,633‌

International

Equity

Index

Fund

(a)

2,462,097‌

29,668‌

International

Small

Company

Fund

(a)

4,445,895‌

47,882‌

LargeCap

Growth

Fund

I

(a)

6,960,574‌

139,351‌

MidCap

Fund

(a)

1,025,804‌

45,166‌

Origin

Emerging

Markets

Fund

(a)

7,605,034‌

80,689‌

Real

Estate

Securities

Fund

(a)

1,528,869‌

44,093‌

Small-MidCap

Dividend

Income

Fund

(a)

2,182,358‌

42,316‌

Spectrum

Preferred

and

Capital

Securities

Income

Fund

(a)

4,148,470‌

37,834‌

$

1,336,979‌

Principal

Funds,

Inc.

Institutional

Class

-

41

.12

%

Bond

Market

Index

Fund

(a)

9,720,470‌

83,888‌

Equity

Income

Fund

(a)

8,296,010‌

346,109‌

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

(a)

2,495,020‌

21,931‌

Government

&

High

Quality

Bond

Fund

(a)

1,770,712‌

15,972‌

Inflation

Protection

Fund

(a)

2,287,415‌

17,979‌

LargeCap

S&P

500

Index

Fund

(a)

2,865,137‌

77,846‌

LargeCap

Value

Fund

III

(a)

11,640,686‌

233,163‌

Overseas

Fund

(a)

11,196,605‌

125,850‌

Principal

Capital

Appreciation

Fund

(a)

4,843,189‌

392,395‌

$

1,315,133‌

TOTAL

INVESTMENT

COMPANIES

$

3,199,573‌

Total

Investments

$

3,199,573‌

Other

Assets

and

Liabilities

-  (0.04)%

(

1,387‌

)

TOTAL

NET

ASSETS

-

100.00%

$

3,198,186‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

1-day

yield

shown

is

as

of

period

end.

Schedule

of

Investments

SAM

Conservative

Growth

Portfolio

July

31,

2024

(unaudited)

See

accompanying

notes.

226

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

338,572‌

$

758‌

$

95,876‌

$

350,920‌

Bond

Market

Index

Fund

84,366‌

22,781‌

27,863‌

83,888‌

Core

Fixed

Income

Fund

165,698‌

60,156‌

7,206‌

232,650‌

Diversified

International

Fund

154,420‌

4,790‌

58,494‌

130,996‌

Diversified

Real

Asset

Fund

96,542‌

8,973‌

6,070‌

110,781‌

Equity

Income

Fund

281,364‌

12,893‌

20,527‌

346,109‌

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

21,926‌

1,498‌

2,946‌

21,931‌

Government

&

High

Quality

Bond

Fund

17,144‌

530‌

3,165‌

15,972‌

High

Yield

Fund

42,232‌

2,531‌

3,300‌

44,633‌

Inflation

Protection

Fund

18,233‌

1,048‌

2,033‌

17,979‌

International

Equity

Index

Fund

27,041‌

1,284‌

3,821‌

29,668‌

International

Small

Company

Fund

37,098‌

5,387‌

2,705‌

47,882‌

LargeCap

Growth

Fund

I

119,125‌

7,891‌

18,727‌

139,351‌

LargeCap

S&P

500

Index

Fund

70,220‌

3,446‌

14,320‌

77,846‌

LargeCap

Value

Fund

III

138,293‌

72,531‌

9,875‌

233,163‌

MidCap

Fund

58,696‌

1,534‌

31,339‌

45,166‌

Origin

Emerging

Markets

Fund

79,771‌

2,153‌

15,992‌

80,689‌

Overseas

Fund

65,961‌

53,581‌

5,400‌

125,850‌

Principal

Capital

Appreciation

Fund

331,307‌

4,121‌

49,776‌

392,395‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

27,558‌

11,779‌

11,734‌

27,603‌

Principal

U.S.

Mega-Cap

ETF

325,269‌

12,446‌

36,259‌

397,632‌

Principal

U.S.

Small-Cap

ETF

67,064‌

25,459‌

—‌

122,226‌

Real

Estate

Securities

Fund

38,673‌

1,121‌

4,475‌

44,093‌

Small-MidCap

Dividend

Income

Fund

61,361‌

1,218‌

35,277‌

42,316‌

Spectrum

Preferred

and

Capital

Securities

Income

Fund

36,210‌

1,802‌

3,681‌

37,834‌

$

2,704,144‌

$

321,711‌

$

470,861‌

$

3,199,573‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

115‌

$

56,715‌

$

—‌

$

50,751‌

Bond

Market

Index

Fund

2,782‌

(

1,268‌

)

—‌

5,872‌

Core

Fixed

Income

Fund

5,467‌

(

1,291‌

)

—‌

15,293‌

Diversified

International

Fund

4,479‌

8,074‌

—‌

22,206‌

Diversified

Real

Asset

Fund

2,257‌

(

733‌

)

—‌

12,069‌

Equity

Income

Fund

5,036‌

1,328‌

2,239‌

71,051‌

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

1,346‌

(

550‌

)

—‌

2,003‌

Government

&

High

Quality

Bond

Fund

392‌

(

253‌

)

—‌

1,716‌

High

Yield

Fund

2,202‌

(

196‌

)

—‌

3,366‌

Inflation

Protection

Fund

675‌

(

220‌

)

—‌

951‌

International

Equity

Index

Fund

882‌

172‌

252‌

4,992‌

International

Small

Company

Fund

831‌

(

62‌

)

—‌

8,164‌

LargeCap

Growth

Fund

I

120‌

(

2,730‌

)

7,585‌

33,792‌

LargeCap

S&P

500

Index

Fund

1,075‌

1,860‌

2,062‌

16,640‌

LargeCap

Value

Fund

III

2,766‌

(

367‌

)

2,117‌

32,581‌

MidCap

Fund

64‌

5,351‌

1,371‌

10,924‌

Origin

Emerging

Markets

Fund

1,986‌

(

3,334‌

)

—‌

18,091‌

Overseas

Fund

3,132‌

(

186‌

)

1,319‌

11,894‌

Principal

Capital

Appreciation

Fund

3,539‌

5,418‌

—‌

101,325‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

1,191‌

—‌

—‌

—‌

Principal

U.S.

Mega-Cap

ETF

3,868‌

5,245‌

—‌

90,931‌

Principal

U.S.

Small-Cap

ETF

718‌

—‌

—‌

29,703‌

Real

Estate

Securities

Fund

762‌

—‌

—‌

8,774‌

Small-MidCap

Dividend

Income

Fund

779‌

3,426‌

404‌

11,588‌

Spectrum

Preferred

and

Capital

Securities

Income

Fund

1,509‌

(

475‌

)

—‌

3,978‌

$

47,973‌

$

75,924‌

$

17,349‌

$

568,655‌

Amounts

in

thousands.

Schedule

of

Investments

SAM

Flexible

Income

Portfolio

July

31,

2024

(unaudited)

See

accompanying

notes.

227

INVESTMENT

COMPANIES

-

100

.04

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

0

.67

%

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b)

15,890,413‌

$

15,890‌

Principal

Exchange-Traded

Funds

-

8

.90

%

Principal

Active

High

Yield

ETF

(a)

2,073,084‌

40,052‌

Principal

U.S.

Mega-Cap

ETF

(a)

2,916,095‌

157,003‌

Principal

U.S.

Small-Cap

ETF

(a)

285,000‌

14,894‌

$

211,949‌

Principal

Funds,

Inc.

Class

R-6

-

48

.21

%

Blue

Chip

Fund

(a)

531,061‌

23,898‌

Core

Fixed

Income

Fund

(a)

91,713,151‌

788,733‌

Diversified

International

Fund

(a)

4,238,670‌

61,079‌

Diversified

Real

Asset

Fund

(a)

2,527,123‌

28,759‌

Global

Real

Estate

Securities

Fund

(a)

1,204,456‌

11,514‌

High

Yield

Fund

(a)

9,460,980‌

63,578‌

LargeCap

Growth

Fund

I

(a)

1,122,757‌

22,478‌

Real

Estate

Securities

Fund

(a)

400,160‌

11,541‌

Small-MidCap

Dividend

Income

Fund

(a)

2,162,208‌

41,925‌

Spectrum

Preferred

and

Capital

Securities

Income

Fund

(a)

10,372,177‌

94,594‌

$

1,148,099‌

Principal

Funds,

Inc.

Institutional

Class

-

42

.26

%

Bond

Market

Index

Fund

(a)

33,217,056‌

286,663‌

Equity

Income

Fund

(a)

1,865,637‌

77,834‌

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

(a)

13,302,807‌

116,932‌

Government

&

High

Quality

Bond

Fund

(a)

11,576,371‌

104,419‌

Inflation

Protection

Fund

(a)

18,314,819‌

143,954‌

LargeCap

S&P

500

Index

Fund

(a)

924,435‌

25,117‌

LargeCap

Value

Fund

III

(a)

2,615,112‌

52,381‌

Overseas

Fund

(a)

1,522,292‌

17,111‌

Principal

Capital

Appreciation

Fund

(a)

1,221,702‌

98,982‌

Short-Term

Income

Fund

(a)

6,957,672‌

83,214‌

$

1,006,607‌

TOTAL

INVESTMENT

COMPANIES

$

2,382,545‌

Total

Investments

$

2,382,545‌

Other

Assets

and

Liabilities

-  (0.04)%

(

1,006‌

)

TOTAL

NET

ASSETS

-

100.00%

$

2,381,539‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

1-day

yield

shown

is

as

of

period

end.

Schedule

of

Investments

SAM

Flexible

Income

Portfolio

July

31,

2024

(unaudited)

See

accompanying

notes.

228

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

44,242‌

$

122‌

$

33,712‌

$

23,898‌

Bond

Market

Index

Fund

419,060‌

43,028‌

194,744‌

286,663‌

Core

Fixed

Income

Fund

665,352‌

104,735‌

35,070‌

788,733‌

Diversified

International

Fund

56,574‌

2,056‌

9,557‌

61,079‌

Diversified

Real

Asset

Fund

34,353‌

700‌

10,011‌

28,759‌

Equity

Income

Fund

70,802‌

2,390‌

12,955‌

77,834‌

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

49,939‌

71,862‌

8,429‌

116,932‌

Global

Real

Estate

Securities

Fund

10,799‌

442‌

1,888‌

11,514‌

Government

&

High

Quality

Bond

Fund

97,878‌

4,911‌

6,991‌

104,419‌

High

Yield

Fund

77,640‌

5,560‌

25,368‌

63,578‌

Inflation

Protection

Fund

118,785‌

25,171‌

5,309‌

143,954‌

LargeCap

Growth

Fund

I

22,249‌

1,538‌

6,905‌

22,478‌

LargeCap

S&P

500

Index

Fund

22,852‌

1,232‌

5,020‌

25,117‌

LargeCap

Value

Fund

III

21,879‌

29,568‌

4,600‌

52,381‌

Origin

Emerging

Markets

Fund

10,720‌

267‌

12,477‌

—‌

Overseas

Fund

—‌

17,908‌

2,087‌

17,111‌

Principal

Active

High

Yield

ETF

37,087‌

—‌

—‌

40,052‌

Principal

Capital

Appreciation

Fund

93,061‌

1,428‌

24,172‌

98,982‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

15,209‌

9,744‌

9,063‌

15,890‌

Principal

U.S.

Mega-Cap

ETF

133,835‌

17,539‌

35,718‌

157,003‌

Principal

U.S.

Small-Cap

ETF

—‌

13,566‌

—‌

14,894‌

Real

Estate

Securities

Fund

10,646‌

424‌

1,886‌

11,541‌

Short-Term

Income

Fund

83,052‌

3,478‌

6,084‌

83,214‌

Small-MidCap

Dividend

Income

Fund

68,386‌

1,476‌

44,691‌

41,925‌

Spectrum

Preferred

and

Capital

Securities

Income

Fund

92,937‌

4,378‌

11,550‌

94,594‌

$

2,257,337‌

$

363,523‌

$

508,287‌

$

2,382,545‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

16‌

$

14,137‌

$

—‌

$

(

891‌

)

Bond

Market

Index

Fund

15,970‌

(

11,722‌

)

—‌

31,041‌

Core

Fixed

Income

Fund

19,953‌

(

6,377‌

)

—‌

60,093‌

Diversified

International

Fund

1,625‌

557‌

—‌

11,449‌

Diversified

Real

Asset

Fund

700‌

676‌

—‌

3,041‌

Equity

Income

Fund

1,196‌

3,615‌

557‌

13,982‌

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

5,785‌

(

1,631‌

)

—‌

5,191‌

Global

Real

Estate

Securities

Fund

334‌

232‌

—‌

1,929‌

Government

&

High

Quality

Bond

Fund

2,355‌

(

1,146‌

)

—‌

9,767‌

High

Yield

Fund

4,066‌

(

70‌

)

—‌

5,816‌

Inflation

Protection

Fund

4,571‌

(

746‌

)

—‌

6,053‌

LargeCap

Growth

Fund

I

22‌

1,189‌

1,407‌

4,407‌

LargeCap

S&P

500

Index

Fund

349‌

689‌

670‌

5,364‌

LargeCap

Value

Fund

III

433‌

58‌

331‌

5,476‌

Origin

Emerging

Markets

Fund

267‌

(

1,687‌

)

—‌

3,177‌

Overseas

Fund

—‌

87‌

—‌

1,203‌

Principal

Active

High

Yield

ETF

2,050‌

—‌

—‌

2,965‌

Principal

Capital

Appreciation

Fund

986‌

2,378‌

—‌

26,287‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

704‌

—‌

—‌

—‌

Principal

U.S.

Mega-Cap

ETF

1,644‌

5,182‌

—‌

36,165‌

Principal

U.S.

Small-Cap

ETF

56‌

—‌

—‌

1,328‌

Real

Estate

Securities

Fund

214‌

(

19‌

)

—‌

2,376‌

Short-Term

Income

Fund

2,267‌

(

85‌

)

—‌

2,853‌

Small-MidCap

Dividend

Income

Fund

879‌

5,012‌

495‌

11,742‌

Spectrum

Preferred

and

Capital

Securities

Income

Fund

3,847‌

(

1,667‌

)

—‌

10,496‌

$

70,289‌

$

8,662‌

$

3,460‌

$

261,310‌

Amounts

in

thousands.

Schedule

of

Investments

SAM

Strategic

Growth

Portfolio

July

31,

2024

(unaudited)

See

accompanying

notes.

229

INVESTMENT

COMPANIES

-

100

.04

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

1

.04

%

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b)

23,483,651‌

$

23,484‌

Principal

Exchange-Traded

Funds

-

17

.78

%

Principal

U.S.

Mega-Cap

ETF

(a)

5,626,800‌

302,947‌

Principal

U.S.

Small-Cap

ETF

(a)

1,899,500‌

99,267‌

$

402,214‌

Principal

Funds,

Inc.

Class

R-6

-

36

.80

%

Blue

Chip

Fund

(a)

6,338,516‌

285,233‌

Diversified

International

Fund

(a)

7,893,854‌

113,751‌

Diversified

Real

Asset

Fund

(a)

7,142,464‌

81,281‌

International

Equity

Index

Fund

(a)

2,251,807‌

27,134‌

International

Small

Company

Fund

(a)

5,163,029‌

55,606‌

LargeCap

Growth

Fund

I

(a)

5,690,755‌

113,929‌

MidCap

Fund

(a)

740,308‌

32,596‌

Origin

Emerging

Markets

Fund

(a)

7,120,365‌

75,547‌

Real

Estate

Securities

Fund

(a)

633,020‌

18,256‌

Small-MidCap

Dividend

Income

Fund

(a)

1,487,469‌

28,842‌

$

832,175‌

Principal

Funds,

Inc.

Institutional

Class

-

44

.42

%

Equity

Income

Fund

(a)

6,775,294‌

282,665‌

LargeCap

S&P

500

Index

Fund

(a)

2,463,595‌

66,936‌

LargeCap

Value

Fund

III

(a)

10,419,826‌

208,709‌

Overseas

Fund

(a)

10,158,762‌

114,185‌

Principal

Capital

Appreciation

Fund

(a)

4,100,410‌

332,215‌

$

1,004,710‌

TOTAL

INVESTMENT

COMPANIES

$

2,262,583‌

Total

Investments

$

2,262,583‌

Other

Assets

and

Liabilities

-  (0.04)%

(

1,011‌

)

TOTAL

NET

ASSETS

-

100.00%

$

2,261,572‌

(a)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(b)

1-day

yield

shown

is

as

of

period

end.

Schedule

of

Investments

SAM

Strategic

Growth

Portfolio

July

31,

2024

(unaudited)

See

accompanying

notes.

230

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Blue

Chip

Fund

$

275,380‌

$

1,218‌

$

78,086‌

$

285,233‌

Diversified

International

Fund

97,327‌

5,836‌

10,602‌

113,751‌

Diversified

Real

Asset

Fund

68,640‌

7,294‌

2,809‌

81,281‌

Equity

Income

Fund

217,822‌

20,010‌

11,972‌

282,665‌

International

Equity

Index

Fund

24,214‌

2,020‌

3,753‌

27,134‌

International

Small

Company

Fund

42,344‌

7,492‌

3,534‌

55,606‌

LargeCap

Growth

Fund

I

94,961‌

6,948‌

12,998‌

113,929‌

LargeCap

S&P

500

Index

Fund

57,218‌

4,441‌

10,171‌

66,936‌

LargeCap

Value

Fund

III

110,559‌

78,931‌

7,616‌

208,709‌

MidCap

Fund

35,790‌

1,388‌

15,294‌

32,596‌

Origin

Emerging

Markets

Fund

74,688‌

2,973‌

16,118‌

75,547‌

Overseas

Fund

90,201‌

20,259‌

8,033‌

114,185‌

Principal

Capital

Appreciation

Fund

274,822‌

4,510‌

36,305‌

332,215‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

10,199‌

16,808‌

3,523‌

23,484‌

Principal

U.S.

Mega-Cap

ETF

251,831‌

—‌

21,629‌

302,947‌

Principal

U.S.

Small-Cap

ETF

47,483‌

28,516‌

—‌

99,267‌

Real

Estate

Securities

Fund

8,903‌

8,116‌

1,483‌

18,256‌

Small-MidCap

Dividend

Income

Fund

70,777‌

1,116‌

57,211‌

28,842‌

$

1,853,159‌

$

217,876‌

$

301,137‌

$

2,262,583‌

Income

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Blue

Chip

Fund

$

92‌

$

33,973‌

$

—‌

$

52,748‌

Diversified

International

Fund

2,833‌

1,480‌

—‌

19,710‌

Diversified

Real

Asset

Fund

1,638‌

(

399‌

)

—‌

8,555‌

Equity

Income

Fund

3,968‌

163‌

1,742‌

56,642‌

International

Equity

Index

Fund

789‌

128‌

225‌

4,525‌

International

Small

Company

Fund

953‌

(

741‌

)

—‌

10,045‌

LargeCap

Growth

Fund

I

96‌

1,278‌

6,047‌

23,740‌

LargeCap

S&P

500

Index

Fund

877‌

1,088‌

1,685‌

14,360‌

LargeCap

Value

Fund

III

2,213‌

6‌

1,694‌

26,829‌

MidCap

Fund

47‌

2,968‌

1,010‌

7,744‌

Origin

Emerging

Markets

Fund

1,867‌

318‌

—‌

13,686‌

Overseas

Fund

4,459‌

(

354‌

)

1,878‌

12,112‌

Principal

Capital

Appreciation

Fund

2,945‌

2,696‌

—‌

86,492‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

744‌

—‌

—‌

—‌

Principal

U.S.

Mega-Cap

ETF

2,931‌

3,282‌

—‌

69,463‌

Principal

U.S.

Small-Cap

ETF

583‌

—‌

—‌

23,268‌

Real

Estate

Securities

Fund

307‌

6‌

—‌

2,714‌

Small-MidCap

Dividend

Income

Fund

599‌

4,150‌

340‌

10,010‌

$

27,941‌

$

50,042‌

$

14,621‌

$

442,643‌

Amounts

in

thousands.

Schedule

of

Investments

Short-Term

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

231

INVESTMENT

COMPANIES

-

4

.75

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

4

.75

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

1,644,526‌

$

1,645‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b),(c)

145,130,949‌

145,131‌

$

146,776‌

TOTAL

INVESTMENT

COMPANIES

$

146,776‌

BONDS

-

89

.52

%

Principal

Amount

(000's)

Value

(000's)

Aerospace

&

Defense

-

1

.31

%

BAE

Systems

PLC

5.13%,

03/26/2029

(d)

$

8,600‌

$

8,713‌

Lockheed

Martin

Corp

4.50%,

02/15/2029

13,350‌

13,384‌

Northrop

Grumman

Corp

4.60%,

02/01/2029

10,000‌

10,001‌

RTX

Corp

5.75%,

11/08/2026

8,075‌

8,244‌

$

40,342‌

Agriculture

-

0

.13

%

Bunge

Ltd

Finance

Corp

1.63%,

08/17/2025

4,200‌

4,048‌

Airlines

-

0

.42

%

Alaska

Airlines

2020-1

Class

A

Pass

Through

Trust

4.80%,

02/15/2029

(d)

9,433‌

9,311‌

Delta

Air

Lines

Inc

/

SkyMiles

IP

Ltd

4.50%,

10/20/2025

(d)

3,614‌

3,597‌

$

12,908‌

Automobile

Asset

Backed

Securities

-

5

.73

%

AmeriCredit

Automobile

Receivables

Trust

2024-1

5.75%,

02/18/2028

5,000‌

5,006‌

BMW

Vehicle

Owner

Trust

2023-A

5.72%,

04/27/2026

4,719‌

4,721‌

BMW

Vehicle

Owner

Trust

2024-A

5.42%,

02/25/2027

4,800‌

4,811‌

CPS

Auto

Receivables

Trust

2023-C

6.13%,

09/15/2026

(d)

3,575‌

3,579‌

CPS

Auto

Receivables

Trust

2024-A

5.71%,

09/15/2027

(d)

4,965‌

4,967‌

CPS

Auto

Receivables

Trust

2024-B

5.78%,

01/18/2028

(d)

10,422‌

10,439‌

CPS

Auto

Receivables

Trust

2024-C

5.88%,

02/15/2028

(d)

9,636‌

9,650‌

Ford

Credit

Auto

Owner

Trust

2020-REV2

1.06%,

04/15/2033

(d)

11,000‌

10,483‌

GM

Financial

Consumer

Automobile

Receivables

Trust

2023-1

5.19%,

03/16/2026

1,774‌

1,773‌

GM

Financial

Consumer

Automobile

Receivables

Trust

2023-3

5.74%,

09/16/2026

4,244‌

4,248‌

GM

Financial

Consumer

Automobile

Receivables

Trust

2023-4

5.89%,

11/16/2026

6,213‌

6,224‌

GM

Financial

Consumer

Automobile

Receivables

Trust

2024-3

5.35%,

06/16/2027

12,750‌

12,787‌

Honda

Auto

Receivables

2023-2

Owner

Trust

5.41%,

04/15/2026

5,638‌

5,634‌

Mercedes-Benz

Auto

Receivables

Trust

2023-1

5.09%,

01/15/2026

593‌

593‌

Nissan

Auto

Receivables

2023-A

Owner

Trust

5.34%,

02/17/2026

3,526‌

3,524‌

OneMain

Direct

Auto

Receivables

Trust

2019-1

3.63%,

09/14/2027

(d)

11,611‌

11,471‌

OneMain

Direct

Auto

Receivables

Trust

2021-1

0.87%,

07/14/2028

(d)

13,559‌

13,187‌

OneMain

Direct

Auto

Receivables

Trust

2022-1

4.65%,

03/14/2029

(d)

9,607‌

9,535‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Automobile

Asset

Backed

Securities

(continued)

Toyota

Auto

Loan

Extended

Note

Trust

2020-1

1.35%,

05/25/2033

(d)

$

6,100‌

$

5,910‌

Toyota

Auto

Loan

Extended

Note

Trust

2023-1

4.93%,

06/25/2036

(d)

7,600‌

7,694‌

Toyota

Auto

Receivables

2023-A

Owner

Trust

5.05%,

01/15/2026

2,991‌

2,988‌

Westlake

Automobile

Receivables

Trust

2024-1

5.62%,

03/15/2027

(d)

10,000‌

10,001‌

Westlake

Automobile

Receivables

Trust

2024-2

5.75%,

08/16/2027

(d)

7,325‌

7,336‌

World

Omni

Auto

Receivables

Trust

2023-A

5.77%,

07/15/2026

3,189‌

3,189‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

0.43%

World

Omni

Select

Auto

Trust

2023-A

5.92%,

03/15/2027

5,216‌

5,220‌

World

Omni

Select

Auto

Trust

2024-A

5.37%,

02/15/2028

12,000‌

12,008‌

$

176,978‌

Banks

-

16

.37

%

Bank

of

America

Corp

0.98%,

09/25/2025

(e)

19,500‌

19,361‌

Secured

Overnight

Financing

Rate

+

0.91%

1.20%,

10/24/2026

(e)

9,600‌

9,135‌

Secured

Overnight

Financing

Rate

+

1.01%

1.32%,

06/19/2026

(e)

19,400‌

18,734‌

Secured

Overnight

Financing

Rate

+

1.15%

4.20%,

08/26/2024

24,500‌

24,470‌

Bank

of

Ireland

Group

PLC

5.60%,

03/20/2030

(d),(e),(f)

14,100‌

14,269‌

Secured

Overnight

Financing

Rate

+

1.62%

Bank

of

Montreal

0.95%,

01/22/2027

(e)

14,700‌

13,866‌

Secured

Overnight

Financing

Rate

+

0.60%

Bank

of

Nova

Scotia/The

1.30%,

09/15/2026

5,300‌

4,937‌

Barclays

PLC

2.28%,

11/24/2027

(e)

7,308‌

6,858‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.05%

5.30%,

08/09/2026

(e)

7,250‌

7,242‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

2.30%

BNP

Paribas

SA

5.13%,

01/13/2029

(d),(e)

8,400‌

8,467‌

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

1.45%

Canadian

Imperial

Bank

of

Commerce

5.93%,

10/02/2026

6,900‌

7,053‌

5.99%,

10/03/2028

3,440‌

3,596‌

Citigroup

Inc

1.12%,

01/28/2027

(e)

19,600‌

18,468‌

Secured

Overnight

Financing

Rate

+

0.77%

4.00%,

08/05/2024

10,750‌

10,748‌

5.17%,

02/13/2030

(e),(f)

8,000‌

8,088‌

Secured

Overnight

Financing

Rate

+

1.36%

6.10%,

10/30/2024

9,600‌

9,606‌

Secured

Overnight

Financing

Rate

+

0.69%

Deutsche

Bank

AG/New

York

NY

5.41%,

05/10/2029

6,100‌

6,222‌

6.82%,

11/20/2029

(e)

7,100‌

7,511‌

Secured

Overnight

Financing

Rate

+

2.51%

Goldman

Sachs

Group

Inc/The

2.64%,

02/24/2028

(e)

8,600‌

8,119‌

Secured

Overnight

Financing

Rate

+

1.11%

4.48%,

08/23/2028

(e)

10,500‌

10,374‌

Secured

Overnight

Financing

Rate

+

1.73%

Schedule

of

Investments

Short-Term

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

232

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

Goldman

Sachs

Group

Inc/The  

(continued)

5.73%,

04/25/2030

(e)

$

8,235‌

$

8,506‌

Secured

Overnight

Financing

Rate

+

1.27%

6.16%,

12/09/2026

14,700‌

14,718‌

Secured

Overnight

Financing

Rate

+

0.79%

HSBC

Holdings

PLC

2.63%,

11/07/2025

(e)

9,300‌

9,227‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.40%

JPMorgan

Chase

&

Co

1.04%,

02/04/2027

(e)

15,800‌

14,888‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

0.70%

1.05%,

11/19/2026

(e)

19,600‌

18,588‌

Secured

Overnight

Financing

Rate

+

0.80%

3.88%,

09/10/2024

5,249‌

5,240‌

4.45%,

12/05/2029

(e)

6,650‌

6,560‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.59%

5.57%,

04/22/2028

(e)

6,200‌

6,316‌

Secured

Overnight

Financing

Rate

+

0.93%

5.58%,

04/22/2030

(e)

6,200‌

6,393‌

Secured

Overnight

Financing

Rate

+

1.16%

KeyBank

NA/Cleveland

OH

5.85%,

11/15/2027

(f)

14,400‌

14,592‌

Morgan

Stanley

1.59%,

05/04/2027

(e)

10,750‌

10,127‌

Secured

Overnight

Financing

Rate

+

0.88%

2.48%,

01/21/2028

(e)

6,000‌

5,660‌

Secured

Overnight

Financing

Rate

+

1.00%

5.05%,

01/28/2027

(e)

10,000‌

10,012‌

Secured

Overnight

Financing

Rate

+

1.30%

5.17%,

01/16/2030

(e)

9,350‌

9,461‌

Secured

Overnight

Financing

Rate

+

1.45%

5.65%,

04/13/2028

(e)

2,575‌

2,624‌

Secured

Overnight

Financing

Rate

+

1.01%

5.66%,

04/18/2030

(e)

6,200‌

6,395‌

Secured

Overnight

Financing

Rate

+

1.26%

NatWest

Markets

PLC

0.80%,

08/12/2024

(d)

7,800‌

7,789‌

Royal

Bank

of

Canada

0.88%,

01/20/2026

14,700‌

13,893‌

Societe

Generale

SA

2.63%,

01/22/2025

(d)

9,700‌

9,551‌

Toronto-Dominion

Bank/The

0.75%,

01/06/2026

14,700‌

13,886‌

Truist

Financial

Corp

1.27%,

03/02/2027

(e)

5,230‌

4,918‌

Secured

Overnight

Financing

Rate

+

0.61%

7.16%,

10/30/2029

(e)

10,000‌

10,771‌

Secured

Overnight

Financing

Rate

+

2.45%

UBS

Group

AG

2.59%,

09/11/2025

(d),(e)

15,600‌

15,547‌

Secured

Overnight

Financing

Rate

+

1.56%

3.87%,

01/12/2029

(d),(e)

15,000‌

14,426‌

3

Month

USD

LIBOR

+

1.41%

US

Bancorp

5.10%,

07/23/2030

(e)

4,800‌

4,843‌

Secured

Overnight

Financing

Rate

+

1.25%

5.38%,

01/23/2030

(e)

3,675‌

3,747‌

Secured

Overnight

Financing

Rate

+

1.56%

Wells

Fargo

&

Co

2.16%,

02/11/2026

(e)

9,800‌

9,632‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.01%

2.19%,

04/30/2026

(e)

14,600‌

14,255‌

Secured

Overnight

Financing

Rate

+

2.00%

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Banks

(continued)

Wells

Fargo

&

Co  

(continued)

2.41%,

10/30/2025

(e)

$

10,000‌

$

9,922‌

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.09%

5.71%,

04/22/2028

(e)

6,200‌

6,321‌

Secured

Overnight

Financing

Rate

+

1.07%

$

505,932‌

Beverages

-

0

.06

%

Constellation

Brands

Inc

4.80%,

01/15/2029

2,000‌

2,005‌

Biotechnology

-

0

.30

%

Amgen

Inc

5.15%,

03/02/2028

9,100‌

9,224‌

Chemicals

-

0

.57

%

Nutrien

Ltd

5.90%,

11/07/2024

10,000‌

10,001‌

Westlake

Corp

3.60%,

08/15/2026

7,900‌

7,703‌

$

17,704‌

Commercial

Mortgage

Backed

Securities

-

9

.52

%

Arbor

Multifamily

Mortgage

Securities

Trust

2022-MF4

3.27%,

02/15/2055

(d),(g)

6,058‌

5,832‌

BX

2024-PALM

6.87%,

06/15/2037

(d)

11,700‌

11,645‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.54%

BX

Commercial

Mortgage

Trust

2021-ACNT

6.29%,

11/15/2038

(d)

10,326‌

10,203‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.96%

BX

Commercial

Mortgage

Trust

2021-SOAR

6.11%,

06/15/2038

(d)

10,696‌

10,583‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.78%

BX

Commercial

Mortgage

Trust

2021-VOLT

6.14%,

09/15/2036

(d)

15,000‌

14,784‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.81%

BX

Commercial

Mortgage

Trust

2021-XL2

6.13%,

10/15/2038

(d)

14,078‌

13,929‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.80%

BX

Commercial

Mortgage

Trust

2024-AIRC

0.00%,

08/15/2039

(d),(h),(i)

17,000‌

16,979‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.69%

BX

Trust

2021-BXMF

6.08%,

10/15/2026

(d)

11,191‌

11,017‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.75%

BX

Trust

2021-LGCY

5.95%,

10/15/2036

(d)

10,700‌

10,486‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.62%

Cold

Storage

Trust

2020-ICE5

6.34%,

11/15/2037

(d)

19,070‌

19,010‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.01%

ELP

Commercial

Mortgage

Trust

2021-ELP

6.14%,

11/15/2038

(d)

14,983‌

14,763‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.82%

GS

Mortgage

Securities

Corp

Trust

2023-SHIP

4.32%,

09/10/2038

(d),(g)

2,350‌

2,301‌

Schedule

of

Investments

Short-Term

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

233

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Commercial

Mortgage

Backed

Securities

(continued)

JP

Morgan

Chase

Commercial

Mortgage

Securities

Trust

2021-MHC

6.49%,

04/15/2038

(d)

$

12,473‌

$

12,418‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.16%

LBA

Trust

2024-BOLT

6.92%,

06/15/2026

(d)

12,750‌

12,654‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.59%

Life

2021-BMR

Mortgage

Trust

6.14%,

03/15/2038

(d)

16,435‌

16,189‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.81%

Life

2022-BMR

Mortgage

Trust

6.62%,

05/15/2039

(d)

18,400‌

18,000‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.30%

MED

Commercial

Mortgage

Trust

2024-MOB

6.92%,

05/15/2041

(d)

15,000‌

14,850‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

1.59%

MHC

Commercial

Mortgage

Trust

2021-MHC

6.24%,

04/15/2038

(d)

16,778‌

16,631‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.92%

MHC

Trust

2021-MHC2

6.29%,

05/15/2038

(d)

7,710‌

7,647‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.96%

MHP

2021-STOR

6.14%,

07/15/2038

(d)

8,800‌

8,685‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.81%

MHP

2022-MHIL

6.14%,

01/15/2027

(d)

13,446‌

13,236‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.81%

OPG

Trust

2021-PORT

5.93%,

10/15/2036

(d)

10,192‌

10,007‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.60%

SREIT

Trust

2021-MFP

6.17%,

11/15/2038

(d)

12,535‌

12,394‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

0.85%

WB

Commercial

Mortgage

Trust

2024-HQ

5.94%,

03/15/2040

(d),(g)

10,000‌

10,110‌

$

294,353‌

Computers

-

0

.47

%

Apple

Inc

1.13%,

05/11/2025

15,000‌

14,559‌

Consumer

Products

-

0

.27

%

Avery

Dennison

Corp

0.85%,

08/15/2024

8,400‌

8,383‌

Diversified

Financial

Services

-

0

.42

%

AerCap

Ireland

Capital

DAC

/

AerCap

Global

Aviation

Trust

1.65%,

10/29/2024

3,583‌

3,547‌

6.45%,

04/15/2027

9,127‌

9,448‌

$

12,995‌

Electric

-

8

.43

%

AES

Corp/The

1.38%,

01/15/2026

14,600‌

13,829‌

Alliant

Energy

Finance

LLC

1.40%,

03/15/2026

(d)

4,600‌

4,294‌

5.95%,

03/30/2029

(d)

8,800‌

9,164‌

Black

Hills

Corp

1.04%,

08/23/2024

9,500‌

9,471‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Electric

(continued)

Consumers

Energy

Co

4.90%,

02/15/2029

$

8,200‌

$

8,305‌

Dominion

Energy

Inc

3.07%,

08/15/2024

(g)

9,800‌

9,789‌

DTE

Energy

Co

1.05%,

06/01/2025

4,400‌

4,246‌

2.53%,

10/01/2024

(g)

10,000‌

9,945‌

3.40%,

06/15/2029

2,000‌

1,873‌

5.10%,

03/01/2029

5,000‌

5,046‌

Duke

Energy

Corp

0.90%,

09/15/2025

9,750‌

9,317‌

Entergy

Louisiana

LLC

0.95%,

10/01/2024

5,500‌

5,455‌

Evergy

Inc

2.45%,

09/15/2024

9,300‌

9,261‌

Exelon

Corp

5.15%,

03/15/2029

6,330‌

6,433‌

Fortis

Inc/Canada

3.06%,

10/04/2026

14,594‌

14,006‌

NextEra

Energy

Capital

Holdings

Inc

4.90%,

02/28/2028

3,458‌

3,476‌

4.90%,

03/15/2029

(f)

10,000‌

10,070‌

5.75%,

09/01/2025

17,200‌

17,319‌

6.05%,

03/01/2025

3,700‌

3,715‌

OGE

Energy

Corp

5.45%,

05/15/2029

10,000‌

10,242‌

PacifiCorp

5.10%,

02/15/2029

9,050‌

9,177‌

Public

Service

Enterprise

Group

Inc

0.80%,

08/15/2025

14,600‌

13,945‌

5.20%,

04/01/2029

10,000‌

10,170‌

5.88%,

10/15/2028

8,000‌

8,317‌

Southern

Co/The

5.50%,

03/15/2029

10,300‌

10,626‌

Southwestern

Electric

Power

Co

1.65%,

03/15/2026

11,600‌

11,018‌

Tampa

Electric

Co

4.90%,

03/01/2029

2,340‌

2,367‌

Tucson

Electric

Power

Co

3.05%,

03/15/2025

4,400‌

4,338‌

Vistra

Operations

Co

LLC

3.70%,

01/30/2027

(d)

19,500‌

18,834‌

Xcel

Energy

Inc

1.75%,

03/15/2027

7,000‌

6,468‌

$

260,516‌

Food

-

0

.25

%

JBS

USA

Holding

Lux

Sarl/

JBS

USA

Food

Co/

JBS

Lux

Co

Sarl

5.13%,

02/01/2028

7,800‌

7,786‌

Forest

Products

&

Paper

-

0

.31

%

Georgia-Pacific

LLC

1.75%,

09/30/2025

(d)

10,000‌

9,643‌

Gas

-

0

.54

%

NiSource

Inc

0.95%,

08/15/2025

14,600‌

13,988‌

5.25%,

03/30/2028

2,700‌

2,738‌

$

16,726‌

Healthcare

-

Products

-

0

.33

%

Solventum

Corp

5.40%,

03/01/2029

(d)

10,000‌

10,124‌

Healthcare

-

Services

-

1

.27

%

Centene

Corp

4.25%,

12/15/2027

16,750‌

16,217‌

HCA

Inc

5.25%,

06/15/2026

20,000‌

20,045‌

5.88%,

02/01/2029

3,000‌

3,102‌

$

39,364‌

Schedule

of

Investments

Short-Term

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

234

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Home

Builders

-

0

.31

%

DR

Horton

Inc

2.50%,

10/15/2024

$

9,800‌

$

9,733‌

Home

Equity

Asset

Backed

Securities

-

0

.65

%

JP

Morgan

Mortgage

Trust

2023-HE1

7.09%,

11/25/2053

(d)

2,233‌

2,254‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

1.75%

JP

Morgan

Mortgage

Trust

2023-HE2

7.04%,

03/25/2054

(d)

10,047‌

10,131‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

1.70%

JP

Morgan

Mortgage

Trust

2023-HE3

6.94%,

05/25/2054

(d)

7,604‌

7,653‌

1.00

x

30

Day

Average

Secured

Overnight

Financing

Rate

+

1.60%

$

20,038‌

Insurance

-

2

.79

%

Aon

North

America

Inc

5.15%,

03/01/2029

14,000‌

14,220‌

Athene

Global

Funding

1.72%,

01/07/2025

(d)

9,600‌

9,433‌

Guardian

Life

Global

Funding

0.88%,

12/10/2025

(d)

8,647‌

8,199‌

1.10%,

06/23/2025

(d)

17,525‌

16,913‌

Markel

Group

Inc

3.50%,

11/01/2027

4,719‌

4,537‌

New

York

Life

Global

Funding

2.00%,

01/22/2025

(d)

9,800‌

9,649‌

Northwestern

Mutual

Global

Funding

0.80%,

01/14/2026

(d)

14,500‌

13,707‌

5.07%,

03/25/2027

(d)

9,500‌

9,627‌

$

86,285‌

Internet

-

0

.41

%

eBay

Inc

1.40%,

05/10/2026

(f)

13,530‌

12,714‌

Machinery

-

Diversified

-

0

.20

%

Ingersoll

Rand

Inc

5.20%,

06/15/2027

6,000‌

6,080‌

Media

-

0

.57

%

Charter

Communications

Operating

LLC

/

Charter

Communications

Operating

Capital

4.91%,

07/23/2025

2,236‌

2,221‌

6.10%,

06/01/2029

15,000‌

15,334‌

$

17,555‌

Mining

-

0

.46

%

Anglo

American

Capital

PLC

5.38%,

04/01/2025

(d)

9,600‌

9,590‌

Glencore

Funding

LLC

1.63%,

09/01/2025

(d)

4,750‌

4,571‌

$

14,161‌

Mortgage

Backed

Securities

-

4

.50

%

Chase

Home

Lending

Mortgage

Trust

Series

2024-2

6.50%,

02/25/2055

(d),(g)

8,932‌

9,038‌

CHL

Mortgage

Pass-Through

Trust

2003-46

5.55%,

01/19/2034

(g)

113‌

106‌

Credit

Suisse

First

Boston

Mortgage

Securities

Corp

5.00%,

01/25/2038

3‌

2‌

GS

Mortgage-Backed

Securities

Corp

Trust

2021-PJ3

2.50%,

08/25/2051

(d),(g)

3,308‌

2,910‌

J.P.

Morgan

Mortgage

Trust

2023-8

6.00%,

02/25/2054

(d),(g)

8,530‌

8,593‌

JP

Morgan

Mortgage

Trust

2004-A3

6.79%,

07/25/2034

(g)

111‌

101‌

JP

Morgan

Mortgage

Trust

2004-S1

5.00%,

09/25/2034

72‌

68‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Mortgage

Backed

Securities

(continued)

JP

Morgan

Mortgage

Trust

2021-1

2.50%,

06/25/2051

(d),(g)

$

11,175‌

$

10,035‌

JP

Morgan

Mortgage

Trust

2023-10

6.00%,

05/25/2054

(d),(g)

1,251‌

1,251‌

JP

Morgan

Mortgage

Trust

Series

2024-CES1

5.92%,

06/25/2054

(d),(g)

12,284‌

12,357‌

Metlife

Securitization

Trust

2019-1

3.75%,

04/25/2058

(d),(g)

1,232‌

1,201‌

Morgan

Stanley

Residential

Mortgage

Loan

Trust

2020-1

2.50%,

12/25/2050

(d),(g)

4,414‌

3,940‌

Oceanview

Mortgage

Trust

2021-3

2.50%,

06/25/2051

(d),(g)

10,699‌

9,383‌

PHH

Mortgage

Trust

Series

2008-CIM1

7.71%,

06/25/2038

441‌

393‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

1

Month

+

2.36%

PSMC

2021-3

Trust

2.50%,

08/25/2051

(d),(g)

10,021‌

8,860‌

Sequoia

Mortgage

Trust

2020-4

2.50%,

11/25/2050

(d),(g)

6,533‌

5,941‌

Sequoia

Mortgage

Trust

2021-3

2.50%,

05/25/2051

(d),(g)

17,481‌

15,370‌

Sequoia

Mortgage

Trust

2021-4

2.50%,

06/25/2051

(d),(g)

17,899‌

15,674‌

Sequoia

Mortgage

Trust

2024-1

6.00%,

01/25/2054

(d),(g)

5,303‌

5,308‌

Sequoia

Mortgage

Trust

2024-2

6.00%,

12/25/2053

(d),(g)

6,022‌

6,038‌

Sequoia

Mortgage

Trust

2024-4

6.00%,

05/25/2054

(d),(g)

12,540‌

12,645‌

Wells

Fargo

Mortgage

Backed

Securities

2020-2

Trust

3.00%,

12/25/2049

(d),(g)

14‌

14‌

Wells

Fargo

Mortgage

Backed

Securities

2020-3

Trust

3.00%,

06/25/2050

(d),(g)

402‌

389‌

Wells

Fargo

Mortgage

Backed

Securities

2020-4

Trust

3.00%,

07/25/2050

(d),(g)

4,546‌

3,880‌

Wells

Fargo

Mortgage

Backed

Securities

2020-5

Trust

2.50%,

09/25/2050

(d),(g)

4,385‌

3,968‌

Wells

Fargo

Mortgage

Backed

Securities

2021-1

Trust

2.50%,

12/25/2050

(d),(g)

1,748‌

1,548‌

$

139,013‌

Office

&

Business

Equipment

-

0

.34

%

CDW

LLC

/

CDW

Finance

Corp

2.67%,

12/01/2026

11,000‌

10,401‌

Oil

&

Gas

-

1

.50

%

Chevron

USA

Inc

0.69%,

08/12/2025

4,600‌

4,410‌

Diamondback

Energy

Inc

5.15%,

01/30/2030

7,500‌

7,617‌

5.20%,

04/18/2027

8,150‌

8,240‌

Exxon

Mobil

Corp

2.99%,

03/19/2025

9,800‌

9,669‌

Occidental

Petroleum

Corp

5.20%,

08/01/2029

9,500‌

9,558‌

Phillips

66

3.85%,

04/09/2025

6,850‌

6,779‌

$

46,273‌

Oil

&

Gas

Services

-

0

.42

%

Schlumberger

Holdings

Corp

5.00%,

05/29/2027

(d)

6,400‌

6,448‌

5.00%,

11/15/2029

(d)

6,400‌

6,478‌

$

12,926‌

Schedule

of

Investments

Short-Term

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

235

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Other

Asset

Backed

Securities

-

13

.13

%

37

Capital

CLO

II

6.52%,

07/15/2034

(d),(h)

$

10,000‌

$

10,000‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.29%

720

East

CLO

V

Ltd

6.86%,

07/20/2037

(d)

5,500‌

5,505‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.53%

AMMC

CLO

15

Ltd

6.68%,

01/15/2032

(d)

11,022‌

11,043‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.38%

Ares

LIV

CLO

Ltd

6.57%,

10/15/2032

(d)

4,000‌

3,999‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.27%

Bardot

CLO

Ltd

6.63%,

10/22/2032

(d)

14,250‌

14,273‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.35%

CF

Hippolyta

Issuer

LLC

1.53%,

03/15/2061

(d)

30,064‌

27,747‌

1.69%,

07/15/2060

(d)

13,339‌

12,735‌

CNH

Equipment

Trust

2024-B

5.42%,

10/15/2027

6,000‌

6,019‌

Dell

Equipment

Finance

Trust

2023-2

5.84%,

01/22/2029

(d)

4,362‌

4,364‌

Dell

Equipment

Finance

Trust

2024-1

5.58%,

03/22/2030

(d)

7,950‌

7,974‌

Dewolf

Park

CLO

Ltd

6.48%,

10/15/2030

(d)

9,613‌

9,630‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.18%

DLLAA

2023-1

LLC

5.93%,

07/20/2026

(d)

4,806‌

4,817‌

Dllad

2024-1

LLC

5.50%,

08/20/2027

(d)

6,000‌

6,025‌

DLLST

2024-1

LLC

5.33%,

01/20/2026

(d)

6,000‌

5,993‌

Fortress

Credit

Opportunities

XVII

CLO

Ltd

6.67%,

01/15/2030

(d)

32‌

32‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.37%

GreatAmerica

Leasing

Receivables

Funding

LLC

Series

2024-1

5.32%,

08/17/2026

(d)

9,400‌

9,403‌

John

Deere

Owner

Trust

2023-B

5.59%,

06/15/2026

5,638‌

5,638‌

KKR

CLO

18

Ltd

6.48%,

07/18/2030

(d)

9,971‌

9,969‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.20%

KKR

Lending

Partners

III

Clo

LLC

6.92%,

10/20/2030

(d)

3,079‌

3,078‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.64%

7.09%,

10/20/2030

(d)

13,600‌

13,581‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.81%

Kubota

Credit

Owner

Trust

2023-1

5.40%,

02/17/2026

(d)

1,210‌

1,209‌

Kubota

Credit

Owner

Trust

2023-2

5.61%,

07/15/2026

(d)

10,163‌

10,171‌

Lake

Shore

MM

CLO

II

Ltd

6.69%,

10/17/2031

(d)

20,000‌

19,989‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.40%

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Other

Asset

Backed

Securities

(continued)

Madison

Park

Funding

XVIII

Ltd

6.48%,

10/21/2030

(d)

$

13,702‌

$

13,732‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.20%

Marathon

CLO

XIII

Ltd

6.50%,

04/15/2032

(d)

19,465‌

19,488‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.20%

MMAF

Equipment

Finance

LLC

2023-A

5.79%,

11/13/2026

(d)

8,093‌

8,107‌

MVW

2021-1W

LLC

1.14%,

01/22/2041

(d)

2,123‌

1,996‌

MVW

2023-2

LLC

6.18%,

11/20/2040

(d)

8,393‌

8,621‌

MVW

Owner

Trust

2018-1

3.45%,

01/21/2036

(d)

1,376‌

1,374‌

Oaktree

CLO

2019-4

Ltd

6.79%,

07/20/2037

(d)

19,000‌

19,057‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.51%

Oaktree

CLO

2024-25

Ltd

6.85%,

04/20/2037

(d)

6,300‌

6,335‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.55%

Palmer

Square

Loan

Funding

2022-1

Ltd

6.35%,

04/15/2030

(d)

4,588‌

4,591‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.05%

Parliament

Funding

II

ltd

6.79%,

10/20/2031

(d)

4,965‌

4,979‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.51%

PFS

Financing

Corp

2.47%,

02/15/2027

(d)

11,750‌

11,559‌

4.95%,

02/15/2029

(d)

13,350‌

13,397‌

5.52%,

10/15/2028

(d)

4,500‌

4,560‌

TCI-Flatiron

CLO

2016-1

Ltd

6.39%,

01/17/2032

(d)

4,247‌

4,251‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.10%

T-Mobile

US

Trust

2022-1

4.91%,

05/22/2028

(d)

7,000‌

6,977‌

Trafigura

Securitisation

Finance

PLC

5.98%,

11/15/2027

(d)

15,000‌

15,183‌

Verizon

Master

Trust

4.49%,

01/22/2029

16,000‌

15,899‌

4.89%,

04/13/2028

10,000‌

9,971‌

5.16%,

06/20/2029

13,800‌

13,893‌

5.23%,

11/22/2027

12,950‌

12,936‌

Voya

2012-4

Ltd

6.56%,

10/15/2030

(d)

4,325‌

4,330‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

1.26%

VSE

2018-A

VOI

Mortgage

LLC

3.56%,

02/20/2036

(d)

1,232‌

1,227‌

$

405,657‌

Packaging

&

Containers

-

0

.63

%

Graphic

Packaging

International

LLC

1.51%,

04/15/2026

(d)

9,800‌

9,187‌

Smurfit

Kappa

Treasury

ULC

5.20%,

01/15/2030

(d)

10,000‌

10,164‌

$

19,351‌

Pharmaceuticals

-

1

.84

%

AbbVie

Inc

2.60%,

11/21/2024

6,800‌

6,741‌

4.80%,

03/15/2029

10,000‌

10,131‌

Astrazeneca

Finance

LLC

4.85%,

02/26/2029

(f)

9,400‌

9,540‌

Schedule

of

Investments

Short-Term

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

236

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Pharmaceuticals

(continued)

Bristol-Myers

Squibb

Co

4.90%,

02/22/2029

$

10,000‌

$

10,157‌

Cigna

Group/The

1.25%,

03/15/2026

(f)

3,534‌

3,336‌

Eli

Lilly

&

Co

4.50%,

02/09/2029

10,000‌

10,087‌

Pfizer

Investment

Enterprises

Pte

Ltd

4.65%,

05/19/2025

7,000‌

6,979‌

$

56,971‌

Pipelines

-

2

.75

%

Columbia

Pipelines

Holding

Co

LLC

6.04%,

08/15/2028

(d)

11,350‌

11,796‌

6.06%,

08/15/2026

(d)

3,450‌

3,503‌

Enbridge

Inc

5.30%,

04/05/2029

13,250‌

13,493‌

5.90%,

11/15/2026

11,275‌

11,518‌

Energy

Transfer

LP

4.40%,

03/15/2027

5,250‌

5,189‌

5.55%,

02/15/2028

10,000‌

10,186‌

Kinder

Morgan

Inc

5.00%,

02/01/2029

10,000‌

10,075‌

5.10%,

08/01/2029

(f)

6,000‌

6,061‌

ONEOK

Inc

5.55%,

11/01/2026

6,000‌

6,084‌

Williams

Cos

Inc/The

5.40%,

03/02/2026

(f)

7,000‌

7,048‌

$

84,953‌

REITs

-

2

.65

%

American

Tower

Trust

#1

3.65%,

03/15/2048

(d)

6,300‌

6,049‌

5.49%,

03/15/2053

(d)

10,500‌

10,681‌

Crown

Castle

Inc

1.35%,

07/15/2025

8,750‌

8,429‌

CubeSmart

LP

4.00%,

11/15/2025

3,275‌

3,224‌

Omega

Healthcare

Investors

Inc

4.50%,

01/15/2025

7,250‌

7,209‌

Public

Storage

Operating

Co

6.04%,

04/16/2027

9,550‌

9,579‌

Secured

Overnight

Financing

Rate

+

0.70%

SBA

Tower

Trust

1.63%,

05/15/2051

(d)

19,400‌

17,876‌

1.88%,

07/15/2050

(d)

6,463‌

6,153‌

2.33%,

07/15/2052

(d)

2,800‌

2,546‌

2.84%,

01/15/2050

(d)

10,325‌

10,180‌

$

81,926‌

Semiconductors

-

0

.97

%

Broadcom

Inc

5.05%,

07/12/2029

7,400‌

7,491‌

Micron

Technology

Inc

6.75%,

11/01/2029

6,675‌

7,202‌

NXP

BV

/

NXP

Funding

LLC

/

NXP

USA

Inc

2.70%,

05/01/2025

5,300‌

5,193‌

Texas

Instruments

Inc

4.60%,

02/08/2029

10,000‌

10,110‌

$

29,996‌

Software

-

0

.92

%

Roper

Technologies

Inc

1.00%,

09/15/2025

10,450‌

9,982‌

Take-Two

Interactive

Software

Inc

4.95%,

03/28/2028

10,700‌

10,754‌

5.40%,

06/12/2029

7,400‌

7,564‌

$

28,300‌

Student

Loan

Asset

Backed

Securities

-

5

.55

%

Commonbond

Student

Loan

Trust

2018-BGS

3.56%,

09/25/2045

(d)

2,036‌

1,915‌

Commonbond

Student

Loan

Trust

2018-C-GS

3.87%,

02/25/2046

(d)

2,716‌

2,590‌

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Student

Loan

Asset

Backed

Securities

(continued)

Commonbond

Student

Loan

Trust

2019-A-GS

2.54%,

01/25/2047

(d)

$

4,898‌

$

4,424‌

Commonbond

Student

Loan

Trust

2020-A-GS

1.98%,

08/25/2050

(d)

2,065‌

1,831‌

Commonbond

Student

Loan

Trust

2021-A-GS

1.20%,

03/25/2052

(d)

9,394‌

7,914‌

Commonbond

Student

Loan

Trust

2021-B-GS

1.17%,

09/25/2051

(d)

3,053‌

2,607‌

EDvestinU

Private

Education

Loan

Issue

No

3

LLC

1.80%,

11/25/2045

(d)

6,829‌

6,180‌

ELFI

Graduate

Loan

Program

2024-A

LLC

5.56%,

08/25/2049

(d)

5,000‌

5,068‌

Laurel

Road

Prime

Student

Loan

Trust

2019-A

2.34%,

10/25/2048

(d)

184‌

180‌

Navient

Private

Education

Refi

Loan

Trust

2019-A

3.42%,

01/15/2043

(d)

654‌

641‌

Navient

Private

Education

Refi

Loan

Trust

2019-G

2.40%,

10/15/2068

(d)

2,893‌

2,752‌

Navient

Private

Education

Refi

Loan

Trust

2020-D

1.69%,

05/15/2069

(d)

3,883‌

3,603‌

Navient

Private

Education

Refi

Loan

Trust

2020-F

1.22%,

07/15/2069

(d)

2,542‌

2,332‌

Navient

Private

Education

Refi

Loan

Trust

2020-G

1.17%,

09/16/2069

(d)

2,784‌

2,547‌

Navient

Private

Education

Refi

Loan

Trust

2020-H

1.31%,

01/15/2069

(d)

3,720‌

3,477‌

Navient

Private

Education

Refi

Loan

Trust

2021-A

0.84%,

05/15/2069

(d)

3,628‌

3,246‌

Navient

Private

Education

Refi

Loan

Trust

2021-B

0.94%,

07/15/2069

(d)

7,879‌

6,956‌

Navient

Private

Education

Refi

Loan

Trust

2021-c

1.06%,

10/15/2069

(d)

7,425‌

6,579‌

Navient

Private

Education

Refi

Loan

Trust

2021-E

0.97%,

12/16/2069

(d)

10,730‌

9,348‌

Navient

Private

Education

Refi

Loan

Trust

2021-F

1.11%,

02/18/2070

(d)

4,561‌

3,943‌

Navient

Private

Education

Refi

Loan

Trust

2022-A

2.23%,

07/15/2070

(d)

4,159‌

3,735‌

Navient

Private

Education

Refi

Loan

Trust

2023-A

5.51%,

10/15/2071

(d)

2,534‌

2,569‌

Navient

Private

Education

Refi

Loan

Trust

2024-A

5.66%,

10/15/2072

(d)

9,409‌

9,579‌

Nelnet

Student

Loan

Trust

2021-A

1.36%,

04/20/2062

(d)

17,224‌

15,838‌

Nelnet

Student

Loan

Trust

2021-C

1.32%,

04/20/2062

(d)

5,928‌

5,435‌

Nelnet

Student

Loan

Trust

2021-D

1.63%,

04/20/2062

(d)

8,257‌

7,639‌

SLM

Private

Credit

Student

Loan

Trust

2004-A

6.00%,

06/15/2033

279‌

277‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

0.66%

SLM

Private

Credit

Student

Loan

Trust

2006-A

5.89%,

06/15/2039

10,321‌

10,026‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

0.55%

SLM

Private

Credit

Student

Loan

Trust

2006-B

5.80%,

12/15/2039

5,965‌

5,759‌

1.00

x

CME

Term

Secured

Overnight

Financing

Rate

3

Month

+

0.46%

SMB

Private

Education

Loan

Trust

2021-A

1.07%,

01/15/2053

(d)

6,273‌

5,605‌

SMB

Private

Education

Loan

Trust

2021-B

1.31%,

07/17/2051

(d)

10,308‌

9,433‌

SMB

Private

Education

Loan

Trust

2021-E

1.68%,

02/15/2051

(d)

9,874‌

9,134‌

Schedule

of

Investments

Short-Term

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

237

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Student

Loan

Asset

Backed

Securities

(continued)

SMB

Private

Education

Loan

Trust

2022-C

4.48%,

05/16/2050

(d)

$

8,426‌

$

8,290‌

$

171,452‌

Telecommunications

-

1

.55

%

AT&T

Inc

1.70%,

03/25/2026

9,400‌

8,927‌

Cisco

Systems

Inc

4.85%,

02/26/2029

10,000‌

10,186‌

Crown

Castle

Towers

LLC

3.66%,

05/15/2045

(d)

4,187‌

4,126‌

4.24%,

07/15/2048

(d)

1,650‌

1,587‌

Sprint

Spectrum

Co

LLC

/

Sprint

Spectrum

Co

II

LLC

/

Sprint

Spectrum

Co

III

LLC

4.74%,

09/20/2029

(d)

7,698‌

7,674‌

5.15%,

03/20/2028

(d)

7,125‌

7,124‌

Verizon

Communications

Inc

1.45%,

03/20/2026

4,350‌

4,134‌

6.15%,

03/20/2026

4,102‌

4,147‌

Secured

Overnight

Financing

Rate

+

0.79%

$

47,905‌

Transportation

-

0

.68

%

Canadian

Pacific

Railway

Co

1.35%,

12/02/2024

11,000‌

10,847‌

Ryder

System

Inc

1.75%,

09/01/2026

11,000‌

10,307‌

$

21,154‌

TOTAL

BONDS

$

2,766,434‌

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

-

6

.29

%

Principal

Amount

(000's)

Value

(000's)

Federal

Home

Loan

Mortgage

Corporation

(FHLMC)

-

0

.00

%

6.51%,

09/01/2035

$

15‌

$

16‌

1.00

x

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

2.25%

Federal

National

Mortgage

Association

(FNMA)

-

0

.00

%

5.92%,

10/01/2035

33‌

34‌

1.00

x

Refinitiv

USD

IBOR

Consumer

Cash

Fallback

12-Month

+

1.68%

6.02%,

12/01/2032

8‌

8‌

1.00

x

Refinitiv

USD

IBOR

Consumer

Cash

Fallback

12-Month

+

1.64%

6.13%,

01/01/2035

9‌

9‌

1.00

x

Refinitiv

USD

IBOR

Consumer

Cash

Fallback

12-Month

+

1.75%

6.21%,

07/01/2034

3‌

3‌

1.00

x

Refinitiv

USD

IBOR

Consumer

Cash

Fallback

12-Month

+

1.66%

6.33%,

08/01/2034

7‌

7‌

1.00

x

Refinitiv

USD

IBOR

Consumer

Cash

Fallback

12-Month

+

1.63%

6.41%,

11/01/2032

3‌

3‌

1.00

x

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

2.29%

6.52%,

02/01/2037

20‌

20‌

1.00

x

US

Treasury

Yield

Curve

Rate

T

Note

Constant

Maturity

1

Year

+

2.04%

7.09%,

07/01/2034

13‌

13‌

1.00

x

Refinitiv

USD

IBOR

Consumer

Cash

Fallback

12-Month

+

1.58%

7.26%,

02/01/2035

2‌

1‌

1.00

x

Refinitiv

USD

IBOR

Consumer

Cash

Fallback

6-Month

+

2.01%

$

98‌

Federal

National

Mortgage

Association

(FNMA)/Federal

Home

Loan

Mortgage

Corporation

(FHLMC)

Uniform

Mortgage-Backed

Security

-

0

.00

%

7.50%,

10/01/2029

1‌

1‌

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

U.S.

Treasury

-

6

.29

%

2.25%,

11/15/2027

$

26,900‌

$

25,425‌

2.63%,

02/15/2029

10,000‌

9,449‌

4.00%,

01/15/2027

30,000‌

29,884‌

4.50%,

07/15/2026

74,000‌

74,289‌

5.00%,

09/30/2025

55,000‌

55,204‌

$

194,251‌

TOTAL

U.S.

GOVERNMENT

&

GOVERNMENT

AGENCY

OBLIGATIONS

$

194,366‌

Total

Investments

$

3,107,576‌

Other

Assets

and

Liabilities

-  (0.56)%

(

17,245‌

)

TOTAL

NET

ASSETS

-

100.00%

$

3,090,331‌

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$11,085

or

0.36%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$1,400,667

or

45.32%

of

net

assets.

(e)

Rate

shown

is

as

of

period

end.

The

rate

may

be

a

variable

or

floating

rate

or

a

fixed

rate

which

may

convert

to

a

variable

or

floating

rate

in

the

future.

(f)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$10,590

or

0.34%

of

net

assets.

(g)

Certain

variable

rate

securities

are

not

based

on

a

published

reference

rate

and

spread

but

are

determined

by

the

issuer

or

agent

and

are

based

on

current

market

conditions.  These

securities

do

not

indicate

a

reference

rate

and

spread

in

their

description.

Rate

shown

is

the

rate

in

effect

as

of

period

end.

(h)

Security

purchased

on

a

when-issued

basis.

(i)

Non-income

producing

security

Schedule

of

Investments

Short-Term

Income

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

238

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

83,891‌

$

1,072,318‌

$

1,011,078‌

$

145,131‌

$

83,891‌

$

1,072,318‌

$

1,011,078‌

$

145,131‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

4,162‌

$

—‌

$

—‌

$

—‌

$

4,162‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

US

5

Year

Note;

September

2024

Long

2,282‌

$

246,206‌

$

3,629‌

Total

$

3,629‌

Amounts

in

thousands

except

contracts.

Schedule

of

Investments

SmallCap

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

239

INVESTMENT

COMPANIES

-

1

.38

%

Shares

Held

Value

(000's)

Money

Market

Funds

-

1

.38

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

1,290,297‌

$

1,290‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(c)

21,461,268‌

21,461‌

$

22,751‌

TOTAL

INVESTMENT

COMPANIES

$

22,751‌

COMMON

STOCKS

-

98

.44

%

Shares

Held

Value

(000's)

Aerospace

&

Defense

-

0

.67

%

AAR

Corp

(d)

170,800‌

$

11,034‌

Agriculture

-

1

.41

%

Darling

Ingredients

Inc

(d)

303,500‌

12,058‌

Vital

Farms

Inc

(d)

307,200‌

11,210‌

$

23,268‌

Apparel

-

0

.87

%

PVH

Corp

141,000‌

14,381‌

Automobile

Parts

&

Equipment

-

0

.65

%

Visteon

Corp

(d)

93,700‌

10,826‌

Banks

-

9

.13

%

Ameris

Bancorp

260,300‌

15,850‌

CVB

Financial

Corp

604,600‌

11,524‌

First

Horizon

Corp

1,019,100‌

17,049‌

First

Merchants

Corp

215,400‌

8,691‌

FNB

Corp/PA

1,170,396‌

17,954‌

Independent

Bank

Corp/MI

168,800‌

5,856‌

National

Bank

Holdings

Corp

155,300‌

6,504‌

Pinnacle

Financial

Partners

Inc

166,700‌

16,057‌

Popular

Inc

241,900‌

24,826‌

Trustmark

Corp

165,900‌

5,762‌

Webster

Financial

Corp

136,122‌

6,754‌

Wintrust

Financial

Corp

130,000‌

14,066‌

$

150,893‌

Biotechnology

-

6

.90

%

Bicycle

Therapeutics

PLC

ADR

(d),(e)

35,702‌

868‌

Bridgebio

Pharma

Inc

(d)

336,500‌

8,732‌

Cellectis

SA

ADR

(d)

284,400‌

628‌

Denali

Therapeutics

Inc

(d)

374,600‌

9,129‌

Immunocore

Holdings

PLC

ADR

(d)

157,300‌

6,245‌

Immunovant

Inc

(d)

256,100‌

7,445‌

Insmed

Inc

(d)

547,226‌

39,811‌

Intra-Cellular

Therapies

Inc

(d)

170,300‌

13,406‌

Iovance

Biotherapeutics

Inc

(d)

959,200‌

8,374‌

MacroGenics

Inc

(d)

204,200‌

768‌

SpringWorks

Therapeutics

Inc

(d)

186,000‌

6,679‌

Structure

Therapeutics

Inc

ADR

(d)

125,600‌

4,696‌

Viking

Therapeutics

Inc

(d)

127,600‌

7,273‌

$

114,054‌

Building

Materials

-

4

.55

%

Modine

Manufacturing

Co

(d)

262,400‌

30,874‌

SPX

Technologies

Inc

(d)

57,100‌

8,425‌

Summit

Materials

Inc

(d)

434,100‌

18,137‌

Trex

Co

Inc

(d)

211,700‌

17,704‌

$

75,140‌

Chemicals

-

0

.82

%

Arcadium

Lithium

PLC

(d)

1,261,256‌

4,011‌

Koppers

Holdings

Inc

232,700‌

9,473‌

$

13,484‌

Commercial

Services

-

2

.40

%

Huron

Consulting

Group

Inc

(d)

88,200‌

9,703‌

Progyny

Inc

(d)

310,800‌

8,765‌

Verra

Mobility

Corp

(d)

703,500‌

21,196‌

$

39,664‌

Computers

-

3

.30

%

Parsons

Corp

(d)

272,200‌

24,871‌

Super

Micro

Computer

Inc

(d)

10,142‌

7,116‌

Varonis

Systems

Inc

(d)

408,400‌

22,515‌

$

54,502‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Distribution

&

Wholesale

-

1

.54

%

Core

&

Main

Inc

(d)

139,700‌

$

7,470‌

WESCO

International

Inc

102,700‌

17,967‌

$

25,437‌

Diversified

Financial

Services

-

4

.49

%

Janus

Henderson

Group

PLC

470,400‌

17,513‌

Lazard

Inc

515,700‌

25,357‌

Marex

Group

PLC

(d)

155,200‌

3,318‌

OneMain

Holdings

Inc

208,000‌

10,870‌

Stifel

Financial

Corp

193,100‌

17,122‌

$

74,180‌

Electric

-

1

.90

%

Brookfield

Renewable

Corp

400,700‌

11,260‌

Portland

General

Electric

Co

425,200‌

20,146‌

$

31,406‌

Electrical

Components

&

Equipment

-

1

.16

%

EnerSys

174,900‌

19,227‌

Electronics

-

4

.17

%

Advanced

Energy

Industries

Inc

147,000‌

17,106‌

Atkore

Inc

159,100‌

21,479‌

TD

SYNNEX

Corp

127,777‌

15,227‌

Vishay

Intertechnology

Inc

623,600‌

15,160‌

$

68,972‌

Engineering

&

Construction

-

2

.07

%

Dycom

Industries

Inc

(d)

116,100‌

21,305‌

MYR

Group

Inc

(d)

76,200‌

10,705‌

TopBuild

Corp

(d)

4,700‌

2,249‌

$

34,259‌

Entertainment

-

1

.70

%

Caesars

Entertainment

Inc

(d)

238,600‌

9,532‌

TKO

Group

Holdings

Inc

170,100‌

18,600‌

$

28,132‌

Food

-

1

.15

%

Performance

Food

Group

Co

(d)

274,518‌

18,942‌

Gas

-

1

.17

%

Southwest

Gas

Holdings

Inc

261,890‌

19,422‌

Hand

&

Machine

Tools

-

1

.31

%

Regal

Rexnord

Corp

134,500‌

21,611‌

Healthcare

-

Products

-

2

.57

%

Castle

Biosciences

Inc

(d)

454,800‌

10,974‌

Exact

Sciences

Corp

(d)

224,100‌

10,237‌

Natera

Inc

(d)

208,092‌

21,307‌

$

42,518‌

Healthcare

-

Services

-

2

.52

%

Acadia

Healthcare

Co

Inc

(d)

89,900‌

5,830‌

Addus

HomeCare

Corp

(d)

102,700‌

12,464‌

LifeStance

Health

Group

Inc

(d)

1,108,800‌

6,109‌

RadNet

Inc

(d)

288,200‌

17,220‌

$

41,623‌

Home

Builders

-

2

.12

%

Forestar

Group

Inc

(d)

90,400‌

2,859‌

Taylor

Morrison

Home

Corp

(d)

479,900‌

32,192‌

$

35,051‌

Insurance

-

3

.54

%

Abacus

Life

Inc

(d)

257,373‌

2,481‌

CNO

Financial

Group

Inc

376,966‌

13,141‌

Essent

Group

Ltd

228,700‌

14,372‌

Hanover

Insurance

Group

Inc/The

62,400‌

8,579‌

Lincoln

National

Corp

598,300‌

19,923‌

$

58,496‌

Internet

-

0

.04

%

Lulu's

Fashion

Lounge

Holdings

Inc

(d)

395,100‌

620‌

Iron

&

Steel

-

1

.31

%

Commercial

Metals

Co

359,400‌

21,600‌

Leisure

Products

&

Services

-

1

.28

%

Life

Time

Group

Holdings

Inc

(d)

847,100‌

17,594‌

Lindblad

Expeditions

Holdings

Inc

(d)

408,700‌

3,519‌

$

21,113‌

Schedule

of

Investments

SmallCap

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

240

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Machinery

-

Diversified

-

3

.97

%

Chart

Industries

Inc

(d)

187,700‌

$

30,235‌

Middleby

Corp/The

(d)

137,000‌

18,574‌

Zurn

Elkay

Water

Solutions

Corp

517,000‌

16,782‌

$

65,591‌

Mining

-

0

.04

%

Piedmont

Lithium

Inc

(d),(e)

68,100‌

682‌

Oil

&

Gas

-

3

.66

%

Chord

Energy

Corp

102,100‌

17,527‌

Civitas

Resources

Inc

258,800‌

18,054‌

Patterson-UTI

Energy

Inc

970,800‌

10,669‌

Valaris

Ltd

(d)

181,400‌

14,256‌

$

60,506‌

Oil

&

Gas

Services

-

1

.15

%

ChampionX

Corp

433,000‌

14,835‌

Helix

Energy

Solutions

Group

Inc

(d)

346,800‌

4,092‌

$

18,927‌

Packaging

&

Containers

-

1

.23

%

Graphic

Packaging

Holding

Co

674,200‌

20,293‌

Pharmaceuticals

-

1

.86

%

BellRing

Brands

Inc

(d)

138,700‌

7,112‌

Collegium

Pharmaceutical

Inc

(d)

440,000‌

16,971‌

Dexcom

Inc

(d)

97,800‌

6,633‌

$

30,716‌

REITs

-

6

.19

%

Agree

Realty

Corp

319,600‌

22,043‌

Cousins

Properties

Inc

543,601‌

14,955‌

First

Industrial

Realty

Trust

Inc

407,040‌

22,273‌

Ladder

Capital

Corp

601,500‌

7,218‌

Pebblebrook

Hotel

Trust

1,410,936‌

19,316‌

Rexford

Industrial

Realty

Inc

330,300‌

16,551‌

$

102,356‌

Retail

-

3

.88

%

American

Eagle

Outfitters

Inc

370,900‌

8,179‌

BJ's

Wholesale

Club

Holdings

Inc

(d)

239,951‌

21,106‌

Bloomin'

Brands

Inc

570,700‌

11,899‌

Caleres

Inc

475,500‌

18,335‌

Portillo's

Inc

(d)

446,800‌

4,629‌

$

64,148‌

Semiconductors

-

2

.00

%

Allegro

MicroSystems

Inc

(d)

446,000‌

10,722‌

Entegris

Inc

111,940‌

13,241‌

SiTime

Corp

(d)

64,000‌

9,085‌

$

33,048‌

Software

-

6

.67

%

Aspen

Technology

Inc

(d)

30,016‌

5,642‌

Bentley

Systems

Inc

84,700‌

4,128‌

DigitalOcean

Holdings

Inc

(d)

245,300‌

8,127‌

DoubleVerify

Holdings

Inc

(d)

298,200‌

6,298‌

Duolingo

Inc

(d)

36,600‌

6,293‌

Jamf

Holding

Corp

(d)

363,200‌

6,650‌

JFrog

Ltd

(d)

371,800‌

14,337‌

Manhattan

Associates

Inc

(d)

82,600‌

21,094‌

Privia

Health

Group

Inc

(d)

672,068‌

13,939‌

Progress

Software

Corp

169,100‌

9,875‌

Sophia

Genetics

SA

(d)

476,200‌

2,095‌

Sprout

Social

Inc

(d)

300,080‌

11,724‌

$

110,202‌

Telecommunications

-

0

.79

%

Credo

Technology

Group

Holding

Ltd

(d)

468,295‌

12,995‌

Transportation

-

2

.26

%

Hub

Group

Inc

251,800‌

11,777‌

Teekay

Tankers

Ltd

260,900‌

17,073‌

World

Kinect

Corp

306,800‌

8,569‌

$

37,419‌

TOTAL

COMMON

STOCKS

$

1,626,738‌

Total

Investments

$

1,649,489‌

Other

Assets

and

Liabilities

-  0.18%

2,982‌

TOTAL

NET

ASSETS

-

100.00%

$

1,652,471‌

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$1,290

or

0.08%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Non-income

producing

security

(e)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$1,281

or

0.08%

of

net

assets.

Schedule

of

Investments

SmallCap

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

241

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

27,136‌

$

334,904‌

$

340,579‌

$

21,461‌

$

27,136‌

$

334,904‌

$

340,579‌

$

21,461‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

586‌

$

—‌

$

—‌

$

—‌

$

586‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Schedule

of

Investments

SmallCap

Growth

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

242

INVESTMENT

COMPANIES

-

5

.22

%

Shares

Held

Value

(000's)

Exchange-Traded

Funds

-

0

.68

%

iShares

Russell

2000

Growth

ETF

(a)

13,400‌

$

3,805‌

SPDR

S&P

Biotech

ETF

(a)

134,072‌

13,281‌

$

17,086‌

Money

Market

Funds

-

4

.54

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(b),(c)

6,991,654‌

6,992‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(b),(c),(d)

108,240,617‌

108,241‌

$

115,233‌

TOTAL

INVESTMENT

COMPANIES

$

132,319‌

COMMON

STOCKS

-

96

.61

%

Shares

Held

Value

(000's)

Advertising

-

0

.00

%

Boston

Omaha

Corp

(e)

171‌

$

3‌

Clear

Channel

Outdoor

Holdings

Inc

(e)

6,222‌

10‌

Stagwell

Inc

(e)

2,142‌

14‌

$

27‌

Aerospace

&

Defense

-

3

.40

%

AAR

Corp

(e)

140,692‌

9,089‌

AeroVironment

Inc

(e)

125,949‌

22,487‌

Amprius

Technologies

Inc

(e)

1,892‌

2‌

Archer

Aviation

Inc

(a),(e)

29,321‌

122‌

Bridger

Aerospace

Group

Holdings

Inc

(e)

326‌

1‌

Curtiss-Wright

Corp

77,987‌

22,982‌

Eve

Holding

Inc

(a),(e)

2,344‌

8‌

Intuitive

Machines

Inc

(a),(e)

297‌

1‌

Joby

Aviation

Inc

(a),(e)

53,416‌

319‌

Kratos

Defense

&

Security

Solutions

Inc

(e)

503,658‌

11,353‌

Leonardo

DRS

Inc

(e)

486,719‌

13,726‌

Loar

Holdings

Inc

(e)

82,699‌

5,169‌

Moog

Inc

3,774‌

740‌

Redwire

Corp

(e)

819‌

6‌

Rocket

Lab

USA

Inc

(e)

46,241‌

242‌

Virgin

Galactic

Holdings

Inc

(e)

202‌

1‌

VirTra

Inc

(e)

1,427‌

13‌

$

86,261‌

Agriculture

-

0

.17

%

Andersons

Inc/The

533‌

29‌

Ispire

Technology

Inc

(e)

2,594‌

20‌

Turning

Point

Brands

Inc

1,954‌

74‌

Vector

Group

Ltd

2,957‌

38‌

Vital

Farms

Inc

(e)

112,942‌

4,121‌

$

4,282‌

Airlines

-

0

.07

%

Frontier

Group

Holdings

Inc

(a),(e)

5,697‌

22‌

Sun

Country

Airlines

Holdings

Inc

(e)

140,508‌

1,841‌

Wheels

Up

Experience

Inc

(e)

11,405‌

30‌

$

1,893‌

Apparel

-

0

.06

%

Hanesbrands

Inc

(e)

46,960‌

279‌

Kontoor

Brands

Inc

7,398‌

519‌

Oxford

Industries

Inc

1,370‌

144‌

Rocky

Brands

Inc

351‌

12‌

Steven

Madden

Ltd

9,633‌

437‌

Superior

Group

of

Cos

Inc

268‌

5‌

Torrid

Holdings

Inc

(a),(e)

1,655‌

14‌

Wolverine

World

Wide

Inc

10,550‌

157‌

$

1,567‌

Automobile

Manufacturers

-

0

.01

%

Blue

Bird

Corp

(e)

4,272‌

223‌

REV

Group

Inc

5,329‌

155‌

$

378‌

Automobile

Parts

&

Equipment

-

0

.34

%

Aurora

Innovation

Inc

(e)

60,349‌

241‌

Dorman

Products

Inc

(e)

3,487‌

353‌

Douglas

Dynamics

Inc

2,507‌

73‌

Gentherm

Inc

(e)

4,160‌

230‌

Holley

Inc

(e)

2,849‌

11‌

indie

Semiconductor

Inc

(e)

769,980‌

4,605‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Automobile

Parts

&

Equipment

(continued)

Luminar

Technologies

Inc

(a),(e)

38,765‌

$

64‌

Miller

Industries

Inc/TN

92‌

6‌

SES

AI

Corp

(e)

1,345‌

2‌

Shyft

Group

Inc/The

279‌

5‌

Visteon

Corp

(e)

25,818‌

2,983‌

XPEL

Inc

(e)

3,355‌

137‌

$

8,710‌

Banks

-

1

.33

%

BancFirst

Corp

327‌

35‌

Bancorp

Inc/The

(e)

6,308‌

327‌

Bank7

Corp

24‌

1‌

Citizens

Financial

Services

Inc

62‌

3‌

City

Holding

Co

153‌

19‌

Coastal

Financial

Corp/WA

(e)

1,389‌

73‌

Esquire

Financial

Holdings

Inc

783‌

48‌

First

BanCorp/Puerto

Rico

1,757‌

38‌

First

Business

Financial

Services

Inc

53‌

2‌

First

Financial

Bankshares

Inc

78,281‌

3,011‌

First

Foundation

Inc

2,013‌

14‌

First

Internet

Bancorp

432‌

16‌

Fulton

Financial

Corp

293,601‌

5,687‌

Lakeland

Financial

Corp

215‌

15‌

Live

Oak

Bancshares

Inc

4,002‌

181‌

Metrocity

Bankshares

Inc

196‌

6‌

Nicolet

Bankshares

Inc

414‌

42‌

Pathward

Financial

Inc

955‌

64‌

Peoples

Financial

Services

Corp

296‌

15‌

Popular

Inc

23,427‌

2,404‌

Prosperity

Bancshares

Inc

289,989‌

21,030‌

ServisFirst

Bancshares

Inc

1,910‌

153‌

Shore

Bancshares

Inc

542‌

8‌

Triumph

Financial

Inc

(e)

2,688‌

244‌

USCB

Financial

Holdings

Inc

(a)

392‌

7‌

Walker

&

Dunlop

Inc

3,099‌

331‌

$

33,774‌

Beverages

-

0

.02

%

BRC

Inc

(e)

6,001‌

34‌

MGP

Ingredients

Inc

(a)

1,882‌

154‌

National

Beverage

Corp

3,122‌

152‌

Primo

Water

Corp

2,560‌

56‌

Vita

Coco

Co

Inc/The

(e)

5,215‌

135‌

Westrock

Coffee

Co

(e)

4,503‌

45‌

$

576‌

Biotechnology

-

9

.83

%

4D

Molecular

Therapeutics

Inc

(e)

4,290‌

76‌

Absci

Corp

(a),(e)

7,908‌

35‌

ACADIA

Pharmaceuticals

Inc

(e)

189,749‌

3,609‌

Achieve

Life

Sciences

Inc

(a),(e)

2,819‌

14‌

Actinium

Pharmaceuticals

Inc

(a),(e)

4,060‌

28‌

ADC

Therapeutics

SA

(e)

5,731‌

19‌

ADMA

Biologics

Inc

(e)

29,930‌

368‌

Aerovate

Therapeutics

Inc

(e)

1,821‌

3‌

Agenus

Inc

(e)

366‌

2‌

Akero

Therapeutics

Inc

(e)

279,873‌

7,481‌

Aldeyra

Therapeutics

Inc

(e)

687‌

3‌

Altimmune

Inc

(e)

4,907‌

31‌

Alto

Neuroscience

Inc

(a),(e)

725‌

8‌

ALX

Oncology

Holdings

Inc

(a),(e)

4,462‌

21‌

Amicus

Therapeutics

Inc

(e)

38,996‌

402‌

AnaptysBio

Inc

(e)

2,599‌

91‌

Anavex

Life

Sciences

Corp

(a),(e)

2,597‌

18‌

ANI

Pharmaceuticals

Inc

(e)

1,741‌

114‌

Apogee

Therapeutics

Inc

(a),(e)

95,472‌

4,649‌

Applied

Therapeutics

Inc

(e)

7,870‌

47‌

Arbutus

Biopharma

Corp

(e)

17,330‌

65‌

Arcellx

Inc

(e)

5,727‌

354‌

Arcturus

Therapeutics

Holdings

Inc

(e)

2,711‌

64‌

Arcus

Biosciences

Inc

(e)

7,226‌

119‌

Arcutis

Biotherapeutics

Inc

(e)

14,119‌

142‌

Schedule

of

Investments

SmallCap

Growth

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

243

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Biotechnology

(continued)

Ardelyx

Inc

(e)

30,885‌

$

171‌

ArriVent

Biopharma

Inc

(e)

803‌

18‌

Arrowhead

Pharmaceuticals

Inc

(e)

15,865‌

453‌

ARS

Pharmaceuticals

Inc

(e)

6,539‌

71‌

Astria

Therapeutics

Inc

(e)

5,088‌

59‌

Atossa

Therapeutics

Inc

(e)

2,938‌

4‌

Aurinia

Pharmaceuticals

Inc

(e)

13,969‌

82‌

Avid

Bioservices

Inc

(e)

329,901‌

3,444‌

Avidity

Biosciences

Inc

(e)

13,432‌

612‌

Axsome

Therapeutics

Inc

(e)

4,842‌

423‌

BioCryst

Pharmaceuticals

Inc

(e)

27,462‌

200‌

Biohaven

Ltd

(e)

78,108‌

3,072‌

Biomea

Fusion

Inc

(a),(e)

3,732‌

21‌

Black

Diamond

Therapeutics

Inc

(e)

3,402‌

21‌

Blueprint

Medicines

Corp

(e)

256,333‌

27,761‌

Boundless

Bio

Inc

(e)

516‌

2‌

Bridgebio

Pharma

Inc

(e)

459,938‌

11,936‌

Cabaletta

Bio

Inc

(e)

1,302‌

9‌

Candel

Therapeutics

Inc

(e)

2,676‌

16‌

Capricor

Therapeutics

Inc

(a),(e)

2,906‌

12‌

Cardiff

Oncology

Inc

(e)

2,031‌

5‌

Cargo

Therapeutics

Inc

(a),(e)

266‌

5‌

Cartesian

Therapeutics

Inc

(e)

976‌

16‌

Cartesian

Therapeutics

Inc

-

Contingent

Value

Rights

(e),(f)

3,555‌

1‌

Cassava

Sciences

Inc

(a),(e)

5,396‌

120‌

Celcuity

Inc

(e)

2,916‌

53‌

Celldex

Therapeutics

Inc

(e)

85,257‌

3,249‌

CervoMed

Inc

(e)

728‌

10‌

CG

oncology

Inc

(a),(e)

132,135‌

4,406‌

Chinook

Therapeutics

Inc

-

Contingent

Value

Rights

(e),(f)

1,785‌

1‌

ChromaDex

Corp

(e)

6,613‌

20‌

Cogent

Biosciences

Inc

(e)

11,340‌

107‌

Conduit

Pharmaceuticals

Inc

(e)

1,885‌

—‌

Contineum

Therapeutics

Inc

(e)

568‌

11‌

Crinetics

Pharmaceuticals

Inc

(e)

10,342‌

549‌

Cullinan

Therapeutics

Inc

(e)

193,010‌

3,735‌

Cytokinetics

Inc

(e)

268,631‌

15,852‌

Day

One

Biopharmaceuticals

Inc

(e)

6,175‌

88‌

Denali

Therapeutics

Inc

(e)

252,517‌

6,154‌

Dianthus

Therapeutics

Inc

(e)

83,990‌

2,501‌

Disc

Medicine

Inc

(e)

245‌

11‌

Dynavax

Technologies

Corp

(e)

14,023‌

157‌

Dyne

Therapeutics

Inc

(e)

10,724‌

460‌

Edgewise

Therapeutics

Inc

(e)

9,645‌

164‌

Elevation

Oncology

Inc

(e)

4,277‌

11‌

Eliem

Therapeutics

Inc

(e)

143‌

1‌

Esperion

Therapeutics

Inc

(e)

6,942‌

16‌

Evolus

Inc

(e)

7,345‌

91‌

EyePoint

Pharmaceuticals

Inc

(e)

2,961‌

29‌

Fibrobiologics

Inc

(e)

3,437‌

18‌

Forafric

Global

PLC

(e)

742‌

9‌

Geron

Corp

(e)

53,266‌

253‌

Greenwich

Lifesciences

Inc

(e)

805‌

13‌

Guardant

Health

Inc

(e)

15,683‌

551‌

Halozyme

Therapeutics

Inc

(e)

221,480‌

12,239‌

Harvard

Bioscience

Inc

(e)

1,427‌

5‌

HilleVax

Inc

(e)

857‌

2‌

Humacyte

Inc

(a),(e)

11,681‌

111‌

Ideaya

Biosciences

Inc

(e)

10,906‌

470‌

IGM

Biosciences

Inc

(a),(e)

1,878‌

21‌

ImmunityBio

Inc

(a),(e)

14,614‌

75‌

Immunome

Inc

(a),(e)

74,859‌

1,153‌

Immunovant

Inc

(e)

106,954‌

3,109‌

Inhibrx

Biosciences

Inc

(e)

931‌

14‌

Inmune

Bio

Inc

(e)

1,648‌

14‌

Innoviva

Inc

(e)

728‌

14‌

Insmed

Inc

(e)

362,792‌

26,393‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Biotechnology

(continued)

Intellia

Therapeutics

Inc

(e)

119,765‌

$

3,139‌

Intra-Cellular

Therapies

Inc

(e)

210,469‌

16,569‌

Iovance

Biotherapeutics

Inc

(a),(e)

33,649‌

294‌

Janux

Therapeutics

Inc

(e)

3,724‌

151‌

Jasper

Therapeutics

Inc

(a),(e)

1,430‌

26‌

Keros

Therapeutics

Inc

(e)

3,915‌

196‌

Kiniksa

Pharmaceuticals

International

Plc

(e)

4,957‌

132‌

Korro

Bio

Inc

(e)

220‌

10‌

Krystal

Biotech

Inc

(e)

3,295‌

687‌

Kymera

Therapeutics

Inc

(e)

5,909‌

273‌

Kyverna

Therapeutics

Inc

(a),(e)

1,377‌

12‌

Larimar

Therapeutics

Inc

(e)

5,590‌

47‌

Legend

Biotech

Corp

ADR

(e)

79,592‌

4,488‌

Lexeo

Therapeutics

Inc

(a),(e)

1,310‌

16‌

Lexicon

Pharmaceuticals

Inc

(e)

5,833‌

13‌

Lineage

Cell

Therapeutics

Inc

(e)

19,277‌

20‌

Liquidia

Corp

(e)

7,659‌

91‌

Lyra

Therapeutics

Inc

(e)

4,141‌

1‌

MacroGenics

Inc

(e)

7,040‌

27‌

Maravai

LifeSciences

Holdings

Inc

(e)

14,680‌

143‌

MeiraGTx

Holdings

plc

(e)

3,481‌

18‌

Mersana

Therapeutics

Inc

(e)

8,017‌

16‌

Metagenomi

Inc

(e)

516‌

2‌

Mind

Medicine

MindMed

Inc

(a),(e)

9,566‌

89‌

Mineralys

Therapeutics

Inc

(a),(e)

871‌

11‌

MoonLake

Immunotherapeutics

(e)

73,550‌

3,063‌

NeoGenomics

Inc

(e)

1,365,326‌

24,208‌

Neumora

Therapeutics

Inc

(a),(e)

11,178‌

144‌

Novavax

Inc

(e)

14,530‌

186‌

Nurix

Therapeutics

Inc

(e)

5,548‌

121‌

Nuvalent

Inc

(e)

4,245‌

339‌

Olema

Pharmaceuticals

Inc

(e)

1,396‌

23‌

Omeros

Corp

(a),(e)

2,578‌

14‌

OmniAb

Operations

Inc

(e)

95‌

—‌

OmniAb

Operations

Inc

(e)

95‌

—‌

Oncternal

Therapeutics

Inc

(e),(f)

139‌

—‌

Organogenesis

Holdings

Inc

(e)

975‌

3‌

Ovid

therapeutics

Inc

(e)

7,955‌

8‌

PepGen

Inc

(e)

1,858‌

21‌

Perspective

Therapeutics

Inc

(e)

5,093‌

69‌

Phathom

Pharmaceuticals

Inc

(e)

1,121‌

13‌

Poseida

Therapeutics

Inc

(e)

2,642‌

9‌

Praxis

Precision

Medicines

Inc

(e)

2,289‌

132‌

Precigen

Inc

(e)

1,350‌

2‌

Prime

Medicine

Inc

(a),(e)

7,209‌

40‌

ProKidney

Corp

(a),(e)

6,685‌

16‌

Prothena

Corp

PLC

(e)

3,301‌

77‌

PTC

Therapeutics

Inc

(e)

7,691‌

260‌

Puma

Biotechnology

Inc

(e)

1,967‌

7‌

Rapport

Therapeutics

Inc

(e)

138,392‌

3,144‌

Recursion

Pharmaceuticals

Inc

(a),(e)

27,473‌

225‌

Renovaro

Inc

(e)

4,175‌

3‌

REVOLUTION

Medicines

Inc

(e)

13,202‌

603‌

Rigel

Pharmaceuticals

Inc

(e)

1,819‌

19‌

Rocket

Pharmaceuticals

Inc

(e)

8,743‌

212‌

Sana

Biotechnology

Inc

(e)

17,568‌

107‌

Savara

Inc

(e)

10,336‌

48‌

Scholar

Rock

Holding

Corp

(e)

8,191‌

74‌

Scilex

Holding

Co

(e)

1,010‌

2‌

Shattuck

Labs

Inc

(e)

3,539‌

14‌

Solid

Biosciences

Inc

(a),(e)

288‌

3‌

SpringWorks

Therapeutics

Inc

(e)

9,135‌

328‌

Stoke

Therapeutics

Inc

(e)

4,724‌

71‌

Syndax

Pharmaceuticals

Inc

(e)

10,919‌

248‌

Tango

Therapeutics

Inc

(e)

6,339‌

62‌

Tarsus

Pharmaceuticals

Inc

(e)

4,888‌

119‌

Taysha

Gene

Therapies

Inc

(e)

21,264‌

47‌

Tenaya

Therapeutics

Inc

(a),(e)

2,056‌

7‌

Terns

Pharmaceuticals

Inc

(e)

413‌

3‌

Schedule

of

Investments

SmallCap

Growth

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

244

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Biotechnology

(continued)

Tevogen

Bio

Holdings

Inc

(e)

1,666‌

$

1‌

TG

Therapeutics

Inc

(e)

18,555‌

367‌

Tobira

Therapeutics

Inc

-

Rights

(e),(f)

1,559‌

—‌

Travere

Therapeutics

Inc

(e)

552,315‌

5,269‌

TScan

Therapeutics

Inc

(e)

3,382‌

24‌

Tyra

Biosciences

Inc

(e)

2,699‌

60‌

Ultragenyx

Pharmaceutical

Inc

(e)

244,319‌

11,000‌

UroGen

Pharma

Ltd

(e)

3,532‌

58‌

Vera

Therapeutics

Inc

(e)

5,177‌

189‌

Verastem

Inc

(e)

3,432‌

9‌

Vericel

Corp

(e)

6,439‌

325‌

Veru

Inc

(e)

13,223‌

12‌

Viking

Therapeutics

Inc

(e)

160,907‌

9,171‌

Viridian

Therapeutics

Inc

(e)

249,843‌

4,210‌

WaVe

Life

Sciences

Ltd

(a),(e)

768,923‌

5,082‌

Werewolf

Therapeutics

Inc

(e)

1,029‌

2‌

X4

Pharmaceuticals

Inc

(e)

22,701‌

18‌

Xencor

Inc

(e)

3,625‌

74‌

Xenon

Pharmaceuticals

Inc

(e)

103,582‌

4,468‌

XOMA

Royalty

Corp

(e)

678‌

18‌

Zevra

Therapeutics

Inc

(a),(e)

2,999‌

19‌

Zura

Bio

Ltd

(a),(e)

2,703‌

11‌

$

249,389‌

Building

Materials

-

3

.83

%

American

Woodmark

Corp

(e)

135‌

14‌

Apogee

Enterprises

Inc

928‌

64‌

Armstrong

World

Industries

Inc

80,127‌

10,529‌

Aspen

Aerogels

Inc

(e)

1,620‌

33‌

AZEK

Co

Inc/The

(e)

358,917‌

16,111‌

Boise

Cascade

Co

2,508‌

356‌

Gibraltar

Industries

Inc

(e)

1,936‌

144‌

Griffon

Corp

5,137‌

370‌

JELD-WEN

Holding

Inc

(e)

3,948‌

66‌

Knife

River

Corp

(e)

7,550‌

600‌

Louisiana-Pacific

Corp

83,322‌

8,179‌

LSI

Industries

Inc

2,478‌

42‌

Modine

Manufacturing

Co

(e)

211,343‌

24,867‌

Smith-Midland

Corp

(a),(e)

606‌

21‌

SPX

Technologies

Inc

(e)

181,424‌

26,767‌

Summit

Materials

Inc

(e)

198,960‌

8,313‌

Tecnoglass

Inc

2,985‌

161‌

UFP

Industries

Inc

4,541‌

599‌

$

97,236‌

Chemicals

-

1

.52

%

Balchem

Corp

4,295‌

762‌

Cabot

Corp

7,205‌

723‌

Codexis

Inc

(e)

1,058‌

4‌

Element

Solutions

Inc

396,042‌

10,673‌

Hawkins

Inc

2,568‌

267‌

HB

Fuller

Co

174,073‌

15,005‌

Ingevity

Corp

(e)

4,839‌

222‌

Innospec

Inc

2,824‌

370‌

Lightwave

Logic

Inc

(a),(e)

15,957‌

55‌

Northern

Technologies

International

Corp

(a)

1,062‌

14‌

Oil-Dri

Corp

of

America

145‌

9‌

Orion

SA

7,650‌

188‌

Quaker

Chemical

Corp

54,340‌

9,867‌

Sensient

Technologies

Corp

5,310‌

415‌

Stepan

Co

301‌

26‌

$

38,600‌

Coal

-

0

.02

%

Alpha

Metallurgical

Resources

Inc

1,459‌

431‌

Ramaco

Resources

Inc

-

A

Shares

3,524‌

48‌

Ramaco

Resources

Inc

-

B

Shares

672‌

8‌

$

487‌

Commercial

Services

-

5

.04

%

Adtalem

Global

Education

Inc

(e)

953‌

75‌

AirSculpt

Technologies

Inc

(a),(e)

1,485‌

7‌

Alarm.com

Holdings

Inc

(e)

6,412‌

452‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Commercial

Services

(continued)

Alta

Equipment

Group

Inc

3,622‌

$

38‌

American

Public

Education

Inc

(e)

179‌

4‌

AMN

Healthcare

Services

Inc

(e)

5,036‌

341‌

Arlo

Technologies

Inc

(e)

268,813‌

4,075‌

Barrett

Business

Services

Inc

3,097‌

113‌

Bright

Horizons

Family

Solutions

Inc

(e)

243,809‌

29,318‌

Brink's

Co/The

5,971‌

657‌

Cadiz

Inc

(a),(e)

5,546‌

21‌

Carriage

Services

Inc

1,369‌

44‌

Cass

Information

Systems

Inc

1,544‌

66‌

CBIZ

Inc

(e)

6,368‌

442‌

Cimpress

PLC

(e)

1,631‌

149‌

CompoSecure

Inc

(a)

2,076‌

17‌

Coursera

Inc

(e)

18,283‌

170‌

CPI

Card

Group

Inc

(e)

674‌

20‌

CRA

International

Inc

884‌

155‌

Custom

Truck

One

Source

Inc

(e)

4,557‌

23‌

Distribution

Solutions

Group

Inc

(e)

1,253‌

42‌

DLH

Holdings

Corp

(e)

404‌

5‌

Driven

Brands

Holdings

Inc

(e)

7,962‌

107‌

European

Wax

Center

Inc

(e)

4,166‌

39‌

EVERTEC

Inc

8,569‌

295‌

First

Advantage

Corp

(a)

344,255‌

5,928‌

FiscalNote

Holdings

Inc

(e)

8,135‌

12‌

Flywire

Corp

(e)

119,096‌

2,181‌

Franklin

Covey

Co

(e)

1,501‌

66‌

FTI

Consulting

Inc

(e)

86,658‌

18,889‌

Hackett

Group

Inc/The

3,036‌

83‌

Herc

Holdings

Inc

3,739‌

583‌

HireQuest

Inc

608‌

8‌

Huron

Consulting

Group

Inc

(e)

2,366‌

260‌

I3

Verticals

Inc

(e)

184‌

5‌

ICF

International

Inc

2,476‌

364‌

Insperity

Inc

4,772‌

490‌

John

Wiley

&

Sons

Inc

2,510‌

120‌

Kforce

Inc

2,481‌

172‌

Laureate

Education

Inc

14,386‌

223‌

Legalzoom.com

Inc

(e)

18,319‌

122‌

LiveRamp

Holdings

Inc

(e)

8,659‌

262‌

MarketWise

Inc

915‌

1‌

Marqeta

Inc

(e)

53,538‌

289‌

Mister

Car

Wash

Inc

(a),(e)

1,575,523‌

11,974‌

Moneylion

Inc

(e)

1,130‌

78‌

National

Research

Corp

2,034‌

52‌

Payoneer

Global

Inc

(e)

28,685‌

159‌

Performant

Financial

Corp

(e)

6,574‌

24‌

Priority

Technology

Holdings

Inc

(e)

2,452‌

15‌

PROG

Holdings

Inc

940‌

42‌

Progyny

Inc

(e)

11,222‌

316‌

Quad/Graphics

Inc

2,520‌

12‌

Remitly

Global

Inc

(e)

19,275‌

255‌

Rentokil

Initial

PLC

ADR

(a)

403,468‌

12,507‌

Sezzle

Inc

(e)

284‌

25‌

Shift4

Payments

Inc

(a),(e)

220,471‌

15,166‌

SoundThinking

Inc

(e)

1,267‌

20‌

Spire

Global

Inc

(a),(e)

3,012‌

42‌

Sterling

Check

Corp

(e)

2,516‌

39‌

StoneCo

Ltd

(e)

19,785‌

260‌

Stride

Inc

(e)

5,659‌

430‌

Target

Hospitality

Corp

(e)

4,184‌

39‌

Transcat

Inc

(e)

1,145‌

132‌

TriNet

Group

Inc

73,771‌

7,690‌

Udemy

Inc

(e)

12,707‌

117‌

Universal

Technical

Institute

Inc

(e)

5,247‌

99‌

Upbound

Group

Inc

7,129‌

269‌

Verra

Mobility

Corp

(e)

22,129‌

667‌

Viad

Corp

(e)

2,717‌

90‌

WEX

Inc

(e)

57,521‌

10,552‌

Schedule

of

Investments

SmallCap

Growth

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

245

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Commercial

Services

(continued)

ZipRecruiter

Inc

(e)

9,539‌

$

87‌

$

127,891‌

Computers

-

2

.34

%

ASGN

Inc

(e)

1,336‌

126‌

Cantaloupe

Inc

(e)

7,364‌

57‌

Corsair

Gaming

Inc

(e)

1,287‌

10‌

Cricut

Inc

(a)

5,068‌

31‌

D-Wave

Quantum

Inc

(e)

6,424‌

6‌

Everspin

Technologies

Inc

(e)

2,197‌

14‌

ExlService

Holdings

Inc

(e)

20,891‌

737‌

Grid

Dynamics

Holdings

Inc

(e)

5,723‌

74‌

Insight

Enterprises

Inc

(e)

3,706‌

832‌

Integral

Ad

Science

Holding

Corp

(e)

1,144‌

12‌

Lumentum

Holdings

Inc

(e)

84,344‌

4,367‌

Maximus

Inc

8,107‌

753‌

Mitek

Systems

Inc

(e)

6,148‌

82‌

NCR

Atleos

Corp

(e)

374,318‌

12,034‌

NCR

Voyix

Corp

(e)

17,539‌

259‌

NextNav

Inc

(e)

9,969‌

83‌

OneSpan

Inc

(e)

4,655‌

69‌

PAR

Technology

Corp

(e)

4,220‌

214‌

PlayAGS

Inc

(e)

5,220‌

60‌

Qualys

Inc

(e)

4,932‌

735‌

Rapid7

Inc

(e)

60,162‌

2,367‌

Rekor

Systems

Inc

(e)

8,561‌

16‌

Rimini

Street

Inc

(e)

1,005‌

2‌

Rubrik

Inc

(e)

290,187‌

10,795‌

System1

Inc

(a),(e)

3,163‌

4‌

Tenable

Holdings

Inc

(e)

249,338‌

11,450‌

Varonis

Systems

Inc

(e)

249,857‌

13,775‌

WNS

Holdings

Ltd

(e)

6,161‌

367‌

$

59,331‌

Consumer

Products

-

0

.02

%

Central

Garden

&

Pet

Co

(e)

225‌

9‌

Central

Garden

&

Pet

Co

-

A

Shares

(e)

1,206‌

41‌

WD-40

Co

1,808‌

473‌

$

523‌

Cosmetics

&

Personal

Care

-

0

.01

%

Beauty

Health

Co/The

(a),(e)

10,055‌

19‌

Honest

Co

Inc/The

(e)

4,435‌

17‌

Inter

Parfums

Inc

2,420‌

340‌

$

376‌

Distribution

&

Wholesale

-

0

.30

%

EVI

Industries

Inc

555‌

11‌

Global

Industrial

Co

1,807‌

63‌

H&E

Equipment

Services

Inc

3,945‌

206‌

Hudson

Technologies

Inc

(e)

983‌

9‌

SiteOne

Landscape

Supply

Inc

(e)

49,291‌

7,230‌

ThredUp

Inc

(e)

1,185‌

3‌

VSE

Corp

295‌

26‌

$

7,548‌

Diversified

Financial

Services

-

3

.57

%

Artisan

Partners

Asset

Management

Inc

8,372‌

370‌

AssetMark

Financial

Holdings

Inc

(e)

1,640‌

57‌

Atlanticus

Holdings

Corp

(e)

34‌

1‌

B

Riley

Financial

Inc

(a)

2,703‌

52‌

Brightsphere

Investment

Group

Inc

3,672‌

96‌

Cohen

&

Steers

Inc

3,654‌

314‌

Columbia

Financial

Inc

(e)

211‌

4‌

Dave

Inc

(a),(e)

1,055‌

38‌

Diamond

Hill

Investment

Group

Inc

305‌

49‌

Federal

Agricultural

Mortgage

Corp

1,076‌

222‌

First

Western

Financial

Inc

(e)

304‌

5‌

FTAI

Aviation

Ltd

214,695‌

23,928‌

GCM

Grosvenor

Inc

4,824‌

54‌

Hamilton

Lane

Inc

5,102‌

737‌

Houlihan

Lokey

Inc

118,797‌

17,849‌

International

Money

Express

Inc

(e)

4,213‌

94‌

LendingTree

Inc

(e)

94,885‌

5,050‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Diversified

Financial

Services

(continued)

Moelis

&

Co

137,741‌

$

9,367‌

Mr

Cooper

Group

Inc

(e)

3,104‌

279‌

NerdWallet

Inc

(e)

5,142‌

75‌

OppFi

Inc

2,445‌

9‌

Pagseguro

Digital

Ltd

(e)

13,108‌

168‌

Paysign

Inc

(e)

4,742‌

25‌

PennyMac

Financial

Services

Inc

1,952‌

192‌

Perella

Weinberg

Partners

6,984‌

132‌

Piper

Sandler

Cos

13,795‌

3,770‌

PJT

Partners

Inc

3,133‌

416‌

Regional

Management

Corp

131‌

4‌

StepStone

Group

Inc

293,192‌

14,736‌

Stifel

Financial

Corp

129,773‌

11,507‌

StoneX

Group

Inc

(e)

364‌

30‌

Upstart

Holdings

Inc

(a),(e)

10,235‌

286‌

Victory

Capital

Holdings

Inc

5,466‌

286‌

Virtus

Investment

Partners

Inc

741‌

167‌

WisdomTree

Inc

18,544‌

221‌

World

Acceptance

Corp

(e)

437‌

53‌

$

90,643‌

Electric

-

0

.02

%

Ameresco

Inc

(e)

1,430‌

45‌

Genie

Energy

Ltd

775‌

13‌

MGE

Energy

Inc

2,075‌

183‌

Otter

Tail

Corp

2,457‌

238‌

$

479‌

Electrical

Components

&

Equipment

-

1

.39

%

American

Superconductor

Corp

(e)

4,535‌

110‌

Belden

Inc

2,878‌

267‌

ChargePoint

Holdings

Inc

(a),(e)

28,632‌

62‌

Energizer

Holdings

Inc

9,555‌

294‌

EnerSys

4,876‌

536‌

Graham

Corp

(e)

1,360‌

45‌

Insteel

Industries

Inc

1,142‌

39‌

Littelfuse

Inc

35,986‌

9,612‌

nLight

Inc

(e)

347‌

4‌

Novanta

Inc

(e)

69,114‌

12,522‌

Powell

Industries

Inc

1,239‌

228‌

Ultralife

Corp

(e)

163‌

2‌

Universal

Display

Corp

52,256‌

11,633‌

$

35,354‌

Electronics

-

1

.04

%

Advanced

Energy

Industries

Inc

4,974‌

579‌

Allient

Inc

111‌

3‌

Applied

Optoelectronics

Inc

(e)

144,936‌

1,384‌

Atkore

Inc

4,879‌

659‌

Atmus

Filtration

Technologies

Inc

11,136‌

343‌

Badger

Meter

Inc

3,905‌

805‌

CTS

Corp

3,148‌

154‌

Enovix

Corp

(a),(e)

19,753‌

285‌

ESCO

Technologies

Inc

1,686‌

207‌

Evolv

Technologies

Holdings

Inc

(a),(e)

17,364‌

60‌

Itron

Inc

(e)

5,517‌

571‌

Mesa

Laboratories

Inc

232‌

27‌

MicroVision

Inc

(a),(e)

14,969‌

16‌

Mirion

Technologies

Inc

(e)

3,296‌

35‌

Napco

Security

Technologies

Inc

145,671‌

8,130‌

NEXTracker

Inc

(e)

11,532‌

567‌

NVE

Corp

633‌

56‌

OSI

Systems

Inc

(e)

2,027‌

300‌

Plexus

Corp

(e)

1,081‌

139‌

Standard

BioTools

Inc

(e)

9,170‌

20‌

TTM

Technologies

Inc

(e)

147,508‌

2,859‌

Turtle

Beach

Corp

(e)

1,367‌

20‌

Vicor

Corp

(e)

1,645‌

69‌

Woodward

Inc

59,077‌

9,215‌

$

26,503‌

Schedule

of

Investments

SmallCap

Growth

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

246

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Energy

-

Alternate

Sources

-

0

.02

%

Array

Technologies

Inc

(e)

20,296‌

$

214‌

ASP

Isotopes

Inc

(e)

5,353‌

14‌

Fluence

Energy

Inc

(e)

8,090‌

133‌

Montauk

Renewables

Inc

(e)

8,772‌

52‌

Plug

Power

Inc

(a),(e)

6,905‌

17‌

REX

American

Resources

Corp

(e)

451‌

23‌

Shoals

Technologies

Group

Inc

(e)

22,798‌

148‌

SolarMax

Technology

Inc

(e)

290‌

1‌

Verde

Clean

Fuels

Inc

(e)

442‌

2‌

$

604‌

Engineering

&

Construction

-

2

.50

%

908

Devices

Inc

(e)

250‌

1‌

Bowman

Consulting

Group

Ltd

(e)

75,684‌

2,703‌

Centuri

Holdings

Inc

(e)

1,730‌

29‌

Comfort

Systems

USA

Inc

31,648‌

10,520‌

Construction

Partners

Inc

(e)

229,845‌

14,860‌

Dycom

Industries

Inc

(e)

3,774‌

693‌

Exponent

Inc

6,717‌

712‌

Fluor

Corp

(e)

352,418‌

16,951‌

Frontdoor

Inc

(e)

10,432‌

412‌

Granite

Construction

Inc

4,822‌

330‌

IES

Holdings

Inc

(e)

1,105‌

170‌

Iteris

Inc

(e)

5,424‌

27‌

Limbach

Holdings

Inc

(e)

1,356‌

86‌

MYR

Group

Inc

(e)

2,206‌

310‌

NV5

Global

Inc

(e)

80,189‌

8,271‌

Orion

Group

Holdings

Inc

(e)

624‌

5‌

Primoris

Services

Corp

6,550‌

370‌

Sterling

Infrastructure

Inc

(e)

4,016‌

467‌

TopBuild

Corp

(e)

13,580‌

6,499‌

$

63,416‌

Entertainment

-

0

.42

%

Accel

Entertainment

Inc

(e)

6,959‌

85‌

Atlanta

Braves

Holdings

Inc

-

A

shares

(a),(e)

1,358‌

62‌

Atlanta

Braves

Holdings

Inc

-

C

shares

(e)

6,666‌

290‌

Churchill

Downs

Inc

22,841‌

3,279‌

Cinemark

Holdings

Inc

(e)

11,648‌

275‌

Everi

Holdings

Inc

(e)

5,703‌

73‌

IMAX

Corp

(e)

5,665‌

120‌

International

Game

Technology

PLC

2,011‌

47‌

Light

&

Wonder

Inc

(e)

49,896‌

5,349‌

Madison

Square

Garden

Entertainment

Corp

(e)

519‌

20‌

Monarch

Casino

&

Resort

Inc

1,743‌

136‌

RCI

Hospitality

Holdings

Inc

609‌

30‌

Red

Rock

Resorts

Inc

2,975‌

170‌

Reservoir

Media

Inc

(a),(e)

178‌

1‌

Rush

Street

Interactive

Inc

(e)

10,103‌

101‌

Six

Flags

Entertainment

Corp

4,197‌

200‌

Super

Group

SGHC

Ltd

19,913‌

76‌

United

Parks

&

Resorts

Inc

(e)

4,454‌

235‌

$

10,549‌

Environmental

Control

-

2

.46

%

374Water

Inc

(e)

8,829‌

11‌

Arq

Inc

(e)

390‌

3‌

Casella

Waste

Systems

Inc

(e)

145,730‌

15,091‌

CECO

Environmental

Corp

(e)

3,886‌

114‌

Energy

Recovery

Inc

(e)

7,545‌

110‌

LanzaTech

Global

Inc

(e)

15,101‌

27‌

Montrose

Environmental

Group

Inc

(e)

147,164‌

4,693‌

Perma-Fix

Environmental

Services

Inc

(a),(e)

1,699‌

22‌

PureCycle

Technologies

Inc

(a),(e)

3,132‌

24‌

Quest

Resource

Holding

Corp

(e)

2,329‌

20‌

Tetra

Tech

Inc

52,499‌

11,195‌

Waste

Connections

Inc

174,368‌

30,997‌

$

62,307‌

Food

-

1

.08

%

Beyond

Meat

Inc

(a),(e)

7,938‌

50‌

Calavo

Growers

Inc

362‌

9‌

Cal-Maine

Foods

Inc

328‌

24‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Food

(continued)

Chefs'

Warehouse

Inc/The

(e)

324,101‌

$

13,479‌

Grocery

Outlet

Holding

Corp

(e)

313,660‌

6,135‌

J

&

J

Snack

Foods

Corp

2,025‌

342‌

John

B

Sanfilippo

&

Son

Inc

1,188‌

125‌

Krispy

Kreme

Inc

11,369‌

121‌

Lancaster

Colony

Corp

2,599‌

502‌

Lifeway

Foods

Inc

(a),(e)

606‌

7‌

Mama's

Creations

Inc

(e)

4,445‌

34‌

Mission

Produce

Inc

(e)

723‌

8‌

Nathan's

Famous

Inc

323‌

24‌

Natural

Grocers

by

Vitamin

Cottage

Inc

322‌

9‌

Simply

Good

Foods

Co/The

(e)

77,321‌

2,622‌

Sprouts

Farmers

Market

Inc

(e)

13,389‌

1,337‌

SunOpta

Inc

(a),(e)

12,191‌

65‌

Utz

Brands

Inc

153,299‌

2,275‌

WK

Kellogg

Co

8,718‌

153‌

$

27,321‌

Forest

Products

&

Paper

-

0

.00

%

Sylvamo

Corp

1,016‌

75‌

Hand

&

Machine

Tools

-

0

.58

%

Cadre

Holdings

Inc

3,458‌

127‌

Enerpac

Tool

Group

Corp

7,227‌

290‌

Franklin

Electric

Co

Inc

6,019‌

642‌

MSA

Safety

Inc

72,651‌

13,706‌

$

14,765‌

Healthcare

-

Products

-

7

.23

%

Accuray

Inc

(e)

11,472‌

21‌

Akoya

Biosciences

Inc

(a),(e)

3,588‌

9‌

Alphatec

Holdings

Inc

(e)

308,495‌

3,116‌

Artivion

Inc

(e)

4,012‌

109‌

AtriCure

Inc

(e)

419,035‌

9,038‌

Atrion

Corp

186‌

85‌

Avita

Medical

Inc

(a),(e)

3,468‌

34‌

Axogen

Inc

(e)

5,578‌

49‌

Axonics

Inc

(e)

6,772‌

464‌

BioLife

Solutions

Inc

(e)

4,210‌

101‌

Bio-Techne

Corp

135,815‌

11,081‌

Bioventus

Inc

(e)

1,824‌

13‌

Bruker

Corp

216,132‌

14,807‌

CareDx

Inc

(e)

1,488‌

30‌

Castle

Biosciences

Inc

(e)

1,127‌

27‌

Cerus

Corp

(e)

23,977‌

54‌

CONMED

Corp

4,099‌

283‌

CVRx

Inc

(e)

116,100‌

992‌

Embecta

Corp

753‌

12‌

Establishment

Labs

Holdings

Inc

(e)

249,442‌

11,085‌

Fractyl

Health

Inc

(e)

613‌

2‌

Glaukos

Corp

(e)

6,501‌

762‌

Haemonetics

Corp

(e)

63,865‌

5,752‌

Inari

Medical

Inc

(e)

358,975‌

16,713‌

InfuSystem

Holdings

Inc

(e)

2,671‌

18‌

Inmode

Ltd

(e)

1,354‌

25‌

Integer

Holdings

Corp

(e)

3,104‌

369‌

iRadimed

Corp

1,069‌

50‌

iRhythm

Technologies

Inc

(e)

99,959‌

8,621‌

Lantheus

Holdings

Inc

(e)

9,036‌

947‌

LeMaitre

Vascular

Inc

2,695‌

234‌

LivaNova

PLC

(e)

188,568‌

9,315‌

Merit

Medical

Systems

Inc

(e)

110,745‌

9,446‌

MiMedx

Group

Inc

(e)

7,451‌

56‌

Natera

Inc

(e)

107,017‌

10,957‌

NeuroPace

Inc

(a),(e)

1,842‌

14‌

Novocure

Ltd

(e)

14,151‌

322‌

OmniAb

Inc

(e)

1,458‌

7‌

Orchestra

BioMed

Holdings

Inc

(a),(e)

1,344‌

10‌

Orthofix

Medical

Inc

(e)

217,896‌

3,504‌

OrthoPediatrics

Corp

(e)

186,757‌

5,748‌

Paragon

28

Inc

(a),(e)

6,262‌

49‌

Patterson

Cos

Inc

1,966‌

50‌

Schedule

of

Investments

SmallCap

Growth

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

247

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Healthcare

-

Products

(continued)

PROCEPT

BioRobotics

Corp

(e)

228,488‌

$

14,468‌

Pulmonx

Corp

(e)

5,117‌

35‌

Pulse

Biosciences

Inc

(e)

2,472‌

37‌

Quanterix

Corp

(e)

654,959‌

9,667‌

Repligen

Corp

(e)

54,541‌

9,127‌

RxSight

Inc

(e)

4,522‌

207‌

Sanara

Medtech

Inc

(a),(e)

539‌

17‌

Semler

Scientific

Inc

(e)

640‌

21‌

Sera

Prognostics

Inc

(e)

3,728‌

31‌

SI-BONE

Inc

(e)

470,521‌

7,152‌

Silk

Road

Medical

Inc

(e)

5,212‌

141‌

Soleno

Therapeutics

Inc

(e)

97,019‌

4,679‌

STAAR

Surgical

Co

(e)

6,575‌

271‌

Stereotaxis

Inc

(e)

6,842‌

14‌

Surmodics

Inc

(e)

1,177‌

49‌

Tandem

Diabetes

Care

Inc

(e)

8,606‌

318‌

TransMedics

Group

Inc

(e)

83,447‌

11,872‌

Treace

Medical

Concepts

Inc

(e)

6,483‌

47‌

Twist

Bioscience

Corp

(e)

7,644‌

427‌

UFP

Technologies

Inc

(e)

964‌

310‌

Zynex

Inc

(e)

2,064‌

19‌

$

183,290‌

Healthcare

-

Services

-

2

.28

%

Accolade

Inc

(e)

595,075‌

2,440‌

Addus

HomeCare

Corp

(e)

828‌

100‌

agilon

health

Inc

(e)

40,999‌

282‌

Astrana

Health

Inc

(e)

5,725‌

300‌

Aveanna

Healthcare

Holdings

Inc

(e)

4,864‌

20‌

BrightSpring

Health

Services

Inc

(a),(e)

421,705‌

5,225‌

Brookdale

Senior

Living

Inc

(e)

21,801‌

169‌

Community

Health

Systems

Inc

(e)

9,207‌

48‌

CorVel

Corp

(e)

1,177‌

361‌

DocGo

Inc

(e)

2,515‌

9‌

Encompass

Health

Corp

174,735‌

16,240‌

Enhabit

Inc

(e)

658‌

7‌

Ensign

Group

Inc/The

7,375‌

1,038‌

GeneDx

Holdings

Corp

(e)

209‌

7‌

HealthEquity

Inc

(e)

190,184‌

14,926‌

Innovage

Holding

Corp

(e)

800‌

5‌

Joint

Corp/The

(e)

1,472‌

21‌

LifeStance

Health

Group

Inc

(e)

664,544‌

3,662‌

ModivCare

Inc

(e)

752‌

17‌

Nano-X

Imaging

Ltd

(a),(e)

6,831‌

59‌

Oscar

Health

Inc

(e)

25,840‌

457‌

PACS

Group

Inc

(e)

3,305‌

118‌

Pennant

Group

Inc/The

(e)

3,838‌

114‌

Quipt

Home

Medical

Corp

(e)

482‌

2‌

RadNet

Inc

(e)

192,931‌

11,528‌

Select

Medical

Holdings

Corp

9,716‌

386‌

Sonida

Senior

Living

Inc

(e)

247‌

8‌

Teladoc

Health

Inc

(e)

3,586‌

34‌

US

Physical

Therapy

Inc

1,986‌

194‌

Viemed

Healthcare

Inc

(e)

4,712‌

34‌

$

57,811‌

Home

Builders

-

1

.00

%

Cavco

Industries

Inc

(e)

1,112‌

461‌

Century

Communities

Inc

465‌

49‌

Dream

Finders

Homes

Inc

(e)

3,715‌

117‌

Forestar

Group

Inc

(e)

302‌

10‌

Green

Brick

Partners

Inc

(e)

1,148‌

84‌

Hovnanian

Enterprises

Inc

(e)

42‌

9‌

Installed

Building

Products

Inc

9,665‌

2,612‌

KB

Home

1,233‌

106‌

Landsea

Homes

Corp

(e)

291‌

4‌

LCI

Industries

3,295‌

384‌

LGI

Homes

Inc

(e)

198‌

23‌

Meritage

Homes

Corp

51,760‌

10,501‌

Skyline

Champion

Corp

(e)

131,948‌

10,755‌

Tri

Pointe

Homes

Inc

(e)

3,638‌

165‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Home

Builders

(continued)

United

Homes

Group

Inc

(e)

557‌

$

3‌

$

25,283‌

Home

Furnishings

-

0

.69

%

Arhaus

Inc

397,751‌

6,041‌

Daktronics

Inc

(e)

714‌

11‌

Lovesac

Co/The

(e)

1,016‌

28‌

SharkNinja

Inc

142,969‌

10,987‌

Sonos

Inc

(e)

14,711‌

199‌

Vizio

Holding

Corp

(e)

11,809‌

130‌

$

17,396‌

Insurance

-

2

.00

%

American

Coastal

Insurance

Corp

(a),(e)

1,416‌

17‌

AMERISAFE

Inc

1,090‌

52‌

Baldwin

Insurance

Group

Inc/The

(e)

242,856‌

10,623‌

Bowhead

Specialty

Holdings

Inc

(e)

65,446‌

1,834‌

Crawford

&

Co

2,103‌

21‌

F&G

Annuities

&

Life

Inc

136‌

6‌

Goosehead

Insurance

Inc

(e)

3,114‌

281‌

HCI

Group

Inc

1,077‌

101‌

Investors

Title

Co

30‌

6‌

Kingsway

Financial

Services

Inc

(a),(e)

1,873‌

16‌

Kinsale

Capital

Group

Inc

1,222‌

559‌

Lemonade

Inc

(a),(e)

5,638‌

102‌

Mercury

General

Corp

448‌

27‌

NMI

Holdings

Inc

(e)

794‌

31‌

Palomar

Holdings

Inc

(e)

131,393‌

12,089‌

RLI

Corp

59,531‌

8,965‌

Roadzen

Inc

(a),(e)

527‌

1‌

Root

Inc/OH

(e)

1,146‌

69‌

Selective

Insurance

Group

Inc

29,763‌

2,688‌

SiriusPoint

Ltd

(e)

1,134‌

16‌

Skyward

Specialty

Insurance

Group

Inc

(e)

244,321‌

9,668‌

Tiptree

Inc

787‌

16‌

Trupanion

Inc

(e)

4,382‌

162‌

TWFG

Inc

(e)

129,645‌

3,275‌

Universal

Insurance

Holdings

Inc

599‌

12‌

$

50,637‌

Internet

-

1

.81

%

1-800-Flowers.com

Inc

(e)

851‌

9‌

1stdibs.com

Inc

(a),(e)

758‌

3‌

AudioEye

Inc

(a),(e)

943‌

24‌

Backblaze

Inc

(e)

5,391‌

36‌

Bumble

Inc

(e)

1,219‌

11‌

Cardlytics

Inc

(e)

5,333‌

44‌

Cargurus

Inc

(e)

11,738‌

291‌

Cogent

Communications

Holdings

Inc

207,539‌

14,650‌

Couchbase

Inc

(e)

5,168‌

99‌

Despegar.com

Corp

(e)

1,153‌

13‌

Entravision

Communications

Corp

1,272‌

3‌

ePlus

Inc

(e)

2,353‌

216‌

Eventbrite

Inc

(e)

9,720‌

48‌

EverQuote

Inc

(e)

129,562‌

3,380‌

Figs

Inc

(e)

966‌

6‌

fuboTV

Inc

(e)

3,133‌

5‌

Gambling.com

Group

Ltd

(e)

2,338‌

22‌

Getty

Images

Holdings

Inc

(a),(e)

13,333‌

51‌

Grindr

Inc

(e)

3,117‌

36‌

Groupon

Inc

(e)

1,534‌

20‌

HealthStream

Inc

1,128‌

33‌

Hims

&

Hers

Health

Inc

(e)

25,222‌

536‌

Innovid

Corp

(e)

1,640‌

3‌

LifeMD

Inc

(e)

2,909‌

21‌

Liquidity

Services

Inc

(e)

2,850‌

64‌

LiveOne

Inc

(e)

7,988‌

14‌

Magnite

Inc

(e)

14,881‌

216‌

MediaAlpha

Inc

(e)

3,299‌

48‌

Mondee

Holdings

Inc

(e)

4,252‌

13‌

Nerdy

Inc

(e)

9,418‌

16‌

Open

Lending

Corp

(e)

13,579‌

86‌

Schedule

of

Investments

SmallCap

Growth

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

248

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Internet

(continued)

Opendoor

Technologies

Inc

(e)

4,136‌

$

10‌

OptimizeRx

Corp

(e)

2,372‌

26‌

Perficient

Inc

(e)

4,611‌

348‌

Q2

Holdings

Inc

(e)

182,559‌

12,318‌

QuinStreet

Inc

(e)

6,997‌

131‌

RealReal

Inc/The

(e)

9,267‌

35‌

Revolve

Group

Inc

(e)

5,096‌

99‌

Shutterstock

Inc

2,613‌

116‌

Sprinklr

Inc

(e)

13,664‌

134‌

Squarespace

Inc

(e)

8,068‌

356‌

TechTarget

Inc

(e)

3,432‌

110‌

Tucows

Inc

(a),(e)

1,076‌

27‌

Upwork

Inc

(e)

16,555‌

201‌

Vivid

Seats

Inc

(e)

10,392‌

51‌

Wayfair

Inc

(e)

215,090‌

11,707‌

Yelp

Inc

(e)

8,715‌

317‌

$

46,003‌

Investment

Companies

-

0

.18

%

Cipher

Mining

Inc

(e)

15,442‌

81‌

Cleanspark

Inc

(e)

29,452‌

471‌

Core

Scientific

Inc

(e)

18,608‌

181‌

Marathon

Digital

Holdings

Inc

(e)

29,762‌

585‌

Riot

Platforms

Inc

(e)

4,798‌

49‌

Terawulf

Inc

(e)

28,569‌

119‌

Trinity

Capital

Inc

218,256‌

3,189‌

$

4,675‌

Iron

&

Steel

-

1

.27

%

ATI

Inc

(e)

181,976‌

12,322‌

Carpenter

Technology

Corp

136,264‌

19,876‌

$

32,198‌

Leisure

Products

&

Services

-

0

.28

%

Acushnet

Holdings

Corp

3,852‌

279‌

Clarus

Corp

505,382‌

3,052‌

Global

Business

Travel

Group

I

(a),(e)

14,326‌

96‌

Lindblad

Expeditions

Holdings

Inc

(e)

3,380‌

29‌

Livewire

Group

Inc

(e)

2,467‌

18‌

Marine

Products

Corp

(a)

542‌

6‌

OneSpaWorld

Holdings

Ltd

211,621‌

3,405‌

Peloton

Interactive

Inc

(e)

41,761‌

149‌

Sabre

Corp

(e)

10,723‌

37‌

Xponential

Fitness

Inc

(e)

3,182‌

55‌

$

7,126‌

Lodging

-

0

.02

%

Hilton

Grand

Vacations

Inc

(e)

9,805‌

424‌

Machinery

-

Construction

&

Mining

-

0

.03

%

Argan

Inc

1,645‌

130‌

Bloom

Energy

Corp

(a),(e)

24,164‌

327‌

Hyster-Yale

Inc

925‌

76‌

NuScale

Power

Corp

(a),(e)

10,313‌

105‌

$

638‌

Machinery

-

Diversified

-

3

.52

%

Alamo

Group

Inc

1,359‌

262‌

Albany

International

Corp

1,012‌

95‌

Applied

Industrial

Technologies

Inc

47,285‌

10,317‌

Cactus

Inc

144,686‌

9,133‌

Chart

Industries

Inc

(e)

73,953‌

11,912‌

CSW

Industrials

Inc

47,504‌

15,411‌

DXP

Enterprises

Inc/TX

(e)

146‌

8‌

Esab

Corp

77,614‌

7,886‌

Gorman-Rupp

Co/The

2,784‌

115‌

GrafTech

International

Ltd

(e)

32,209‌

25‌

Ichor

Holdings

Ltd

(e)

1,361‌

46‌

IDEX

Corp

33,156‌

6,912‌

Kadant

Inc

22,516‌

7,914‌

Lindsay

Corp

725‌

91‌

Mueller

Water

Products

Inc

-

Class

A

384,355‌

7,948‌

Taylor

Devices

Inc

(e)

321‌

17‌

Tennant

Co

1,118‌

120‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Machinery

-

Diversified

(continued)

Thermon

Group

Holdings

Inc

(e)

465‌

$

15‌

Watts

Water

Technologies

Inc

3,638‌

755‌

Zurn

Elkay

Water

Solutions

Corp

319,764‌

10,380‌

$

89,362‌

Media

-

0

.01

%

GCI

Liberty

Inc

-

Escrow

(e),(f)

157,046‌

—‌

Sinclair

Inc

4,253‌

65‌

Thryv

Holdings

Inc

(e)

4,227‌

82‌

Townsquare

Media

Inc

1,693‌

21‌

Value

Line

Inc

99‌

5‌

$

173‌

Metal

Fabrication

&

Hardware

-

0

.86

%

AZZ

Inc

3,227‌

258‌

Helios

Technologies

Inc

3,019‌

139‌

Hillman

Solutions

Corp

(e)

4,466‌

45‌

Janus

International

Group

Inc

(e)

18,854‌

272‌

Mayville

Engineering

Co

Inc

(e)

140‌

3‌

Mueller

Industries

Inc

13,738‌

974‌

Northwest

Pipe

Co

(e)

206‌

8‌

Omega

Flex

Inc

479‌

25‌

Standex

International

Corp

1,180‌

220‌

Valmont

Industries

Inc

65,341‌

19,495‌

Worthington

Enterprises

Inc

3,722‌

186‌

Xometry

Inc

(e)

5,588‌

82‌

$

21,707‌

Mining

-

0

.05

%

Centrus

Energy

Corp

(e)

1,333‌

58‌

Century

Aluminum

Co

(e)

7,015‌

106‌

Constellium

SE

(e)

17,211‌

306‌

Contango

ORE

Inc

(a),(e)

432‌

10‌

Critical

Metals

Corp

(e)

987‌

10‌

Dakota

Gold

Corp

(e)

5,346‌

13‌

Encore

Energy

Corp

(e)

17,363‌

68‌

Ivanhoe

Electric

Inc

/

US

(e)

11,108‌

110‌

Kaiser

Aluminum

Corp

1,993‌

157‌

Metals

Acquisition

Ltd

(e)

2,007‌

26‌

Perpetua

Resources

Corp

(a),(e)

5,214‌

35‌

Piedmont

Lithium

Inc

(a),(e)

692‌

7‌

United

States

Lime

&

Minerals

Inc

1,399‌

119‌

Uranium

Energy

Corp

(e)

52,277‌

310‌

Ur-Energy

Inc

(e)

31,900‌

40‌

$

1,375‌

Miscellaneous

Manufacturers

-

1

.71

%

Byrna

Technologies

Inc

(a),(e)

2,335‌

22‌

Enpro

Inc

52,162‌

8,916‌

Fabrinet

(e)

92,650‌

20,435‌

Federal

Signal

Corp

7,992‌

799‌

Hillenbrand

Inc

3,127‌

138‌

ITT

Inc

85,668‌

12,119‌

John

Bean

Technologies

Corp

301‌

30‌

Materion

Corp

2,590‌

312‌

Myers

Industries

Inc

4,880‌

73‌

Park

Aerospace

Corp

1,081‌

14‌

Sight

Sciences

Inc

(a),(e)

4,745‌

37‌

Smith

&

Wesson

Brands

Inc

504‌

8‌

Solidion

Technology

Inc

(e)

2,466‌

1‌

Sturm

Ruger

&

Co

Inc

642‌

29‌

Trinity

Industries

Inc

9,971‌

330‌

$

43,263‌

Office

&

Business

Equipment

-

0

.00

%

Pitney

Bowes

Inc

6,042‌

40‌

Office

Furnishings

-

0

.01

%

CompX

International

Inc

118‌

3‌

HNI

Corp

2,983‌

164‌

Interface

Inc

758‌

13‌

Virco

Mfg.

Corp

94‌

2‌

$

182‌

Schedule

of

Investments

SmallCap

Growth

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

249

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Oil

&

Gas

-

1

.52

%

Berry

Corp

3,135‌

$

21‌

Crescent

Energy

Co

(a)

4,171‌

51‌

CVR

Energy

Inc

4,062‌

116‌

Delek

US

Holdings

Inc

2,316‌

55‌

Diversified

Energy

Co

PLC

336‌

6‌

Empire

Petroleum

Corp

(a),(e)

2,140‌

12‌

Evolution

Petroleum

Corp

1,172‌

7‌

Gulfport

Energy

Corp

(e)

47,181‌

6,945‌

Kosmos

Energy

Ltd

(e)

62,182‌

344‌

Magnolia

Oil

&

Gas

Corp

21,267‌

579‌

Matador

Resources

Co

133,257‌

8,193‌

Nabors

Industries

Ltd

(e)

384‌

39‌

Noble

Corp

PLC

11,962‌

565‌

Northern

Oil

&

Gas

Inc

160,015‌

6,911‌

Permian

Resources

Corp

513,108‌

7,871‌

Prairie

Operating

Co

(e)

520‌

5‌

Riley

Exploration

Permian

Inc

230‌

7‌

Sable

Offshore

Corp

(a),(e)

6,705‌

113‌

Seadrill

Ltd

(e)

2,916‌

160‌

SM

Energy

Co

2,569‌

119‌

VAALCO

Energy

Inc

1,380‌

10‌

Valaris

Ltd

(e)

80,773‌

6,348‌

W&T

Offshore

Inc

13,578‌

33‌

$

38,510‌

Oil

&

Gas

Services

-

2

.22

%

Archrock

Inc

20,518‌

425‌

Aris

Water

Solutions

Inc

229‌

4‌

Atlas

Energy

Solutions

Inc

9,027‌

192‌

ChampionX

Corp

590,191‌

20,220‌

Core

Laboratories

Inc

6,239‌

153‌

DMC

Global

Inc

(e)

690‌

9‌

Drilling

Tools

International

Corp

(e)

498‌

3‌

Expro

Group

Holdings

NV

(e)

276,481‌

6,420‌

Helix

Energy

Solutions

Group

Inc

(e)

3,656‌

43‌

Kodiak

Gas

Services

Inc

734‌

21‌

Liberty

Energy

Inc

1,244‌

30‌

Natural

Gas

Services

Group

Inc

(e)

308‌

6‌

Oceaneering

International

Inc

(e)

315,237‌

9,463‌

TechnipFMC

PLC

331,358‌

9,775‌

TETRA

Technologies

Inc

(e)

312,040‌

1,164‌

Tidewater

Inc

(e)

84,522‌

8,365‌

$

56,293‌

Packaging

&

Containers

-

0

.00

%

Ardagh

Metal

Packaging

SA

19,206‌

71‌

Karat

Packaging

Inc

935‌

28‌

Pactiv

Evergreen

Inc

638‌

8‌

$

107‌

Pharmaceuticals

-

3

.15

%

AdaptHealth

Corp

(e)

5,885‌

67‌

Akebia

Therapeutics

Inc

(e)

2,612‌

4‌

Alector

Inc

(e)

10,724‌

64‌

Alimera

Sciences

Inc

(a),(e)

2,558‌

14‌

Alkermes

PLC

(e)

22,378‌

611‌

Amneal

Pharmaceuticals

Inc

(e)

17,743‌

130‌

Amphastar

Pharmaceuticals

Inc

(e)

5,111‌

222‌

Anika

Therapeutics

Inc

(e)

373‌

10‌

Aquestive

Therapeutics

Inc

(e)

2,728‌

10‌

Arvinas

Inc

(e)

27,859‌

767‌

Ascendis

Pharma

A/S

ADR

(e)

85,617‌

11,430‌

Avadel

Pharmaceuticals

PLC

(e)

12,282‌

201‌

BellRing

Brands

Inc

(e)

161,350‌

8,274‌

Biote

Corp

(a),(e)

3,455‌

27‌

Catalyst

Pharmaceuticals

Inc

(e)

15,466‌

267‌

Coherus

Biosciences

Inc

(e)

3,882‌

6‌

Collegium

Pharmaceutical

Inc

(e)

213,960‌

8,253‌

Corbus

Pharmaceuticals

Holdings

Inc

(a),(e)

828‌

49‌

Corcept

Therapeutics

Inc

(e)

10,746‌

416‌

CorMedix

Inc

(a),(e)

7,040‌

32‌

Enliven

Therapeutics

Inc

(e)

4,435‌

117‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Pharmaceuticals

(continued)

Fennec

Pharmaceuticals

Inc

(e)

924‌

$

6‌

Foghorn

Therapeutics

Inc

(e)

2,069‌

15‌

Fulcrum

Therapeutics

Inc

(e)

3,561‌

33‌

G1

Therapeutics

Inc

(e)

6,665‌

29‌

Galectin

Therapeutics

Inc

(e)

1,666‌

4‌

Gyre

Therapeutics

Inc

(e)

106‌

2‌

Harmony

Biosciences

Holdings

Inc

(e)

4,034‌

137‌

Harrow

Inc

(a),(e)

4,057‌

105‌

Herbalife

Ltd

(e)

8,872‌

109‌

Heron

Therapeutics

Inc

(a),(e)

1,492‌

4‌

Ironwood

Pharmaceuticals

Inc

(e)

230,666‌

1,576‌

KalVista

Pharmaceuticals

Inc

(e)

189,231‌

2,752‌

Kura

Oncology

Inc

(e)

9,634‌

200‌

Longboard

Pharmaceuticals

Inc

(e)

119,707‌

3,979‌

Madrigal

Pharmaceuticals

Inc

(e)

9,750‌

2,775‌

MannKind

Corp

(e)

27,104‌

156‌

MediWound

Ltd

(e)

1,081‌

21‌

Merus

NV

(e)

68,477‌

3,632‌

Mirum

Pharmaceuticals

Inc

(e)

5,212‌

211‌

Nature's

Sunshine

Products

Inc

(e)

359‌

6‌

Neurocrine

Biosciences

Inc

(e)

113,993‌

16,138‌

Neurogene

Inc

(a),(e)

734‌

30‌

Ocugen

Inc

(a),(e)

34,010‌

48‌

Ocular

Therapeutix

Inc

(e)

20,680‌

175‌

Option

Care

Health

Inc

(e)

10,870‌

323‌

ORIC

Pharmaceuticals

Inc

(e)

1,895‌

21‌

Outlook

Therapeutics

Inc

(e)

645‌

5‌

Owens

&

Minor

Inc

(e)

1,548‌

25‌

Pacira

BioSciences

Inc

(e)

459‌

9‌

PetIQ

Inc

(e)

545‌

12‌

Phibro

Animal

Health

Corp

751‌

14‌

Protagonist

Therapeutics

Inc

(e)

7,765‌

291‌

Regulus

Therapeutics

Inc

(e)

2,158‌

4‌

Revance

Therapeutics

Inc

(e)

13,835‌

52‌

Rhythm

Pharmaceuticals

Inc

(e)

7,276‌

351‌

scPharmaceuticals

Inc

(e)

3,701‌

19‌

SIGA

Technologies

Inc

4,531‌

45‌

Skye

Bioscience

Inc

(e)

348‌

2‌

Spyre

Therapeutics

Inc

(e)

434‌

12‌

Summit

Therapeutics

Inc

(a),(e)

11,019‌

119‌

Supernus

Pharmaceuticals

Inc

(e)

490‌

15‌

Telomir

Pharmaceuticals

Inc

(e)

366‌

1‌

Trevi

Therapeutics

Inc

(e)

4,862‌

15‌

Vaxcyte

Inc

(e)

194,821‌

15,369‌

Verrica

Pharmaceuticals

Inc

(e)

2,559‌

17‌

Xeris

Biopharma

Holdings

Inc

(e)

18,637‌

46‌

Y-mAbs

Therapeutics

Inc

(e)

4,887‌

60‌

$

79,941‌

Pipelines

-

0

.01

%

Kinetik

Holdings

Inc

492‌

20‌

NextDecade

Corp

(e)

15,365‌

125‌

$

145‌

Private

Equity

-

0

.01

%

P10

Inc

4,747‌

47‌

Patria

Investments

Ltd

7,309‌

95‌

$

142‌

Real

Estate

-

0

.05

%

Angel

Oak

Mortgage

REIT

Inc

547‌

7‌

Compass

Inc

(e)

48,459‌

213‌

eXp

World

Holdings

Inc

(a)

10,763‌

154‌

Maui

Land

&

Pineapple

Co

Inc

(e)

1,028‌

25‌

McGrath

RentCorp

3,242‌

356‌

Offerpad

Solutions

Inc

(e)

269‌

1‌

Real

Brokerage

Inc/The

(a),(e)

12,645‌

75‌

Redfin

Corp

(e)

15,585‌

127‌

Sky

Harbour

Group

Corp

(e)

1,531‌

16‌

St

Joe

Co/The

4,792‌

295‌

$

1,269‌

Schedule

of

Investments

SmallCap

Growth

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

250

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

REITs

-

0

.81

%

AG

Mortgage

Investment

Trust

Inc

636‌

$

5‌

Alexander's

Inc

280‌

68‌

Apartment

Investment

and

Management

Co

(e)

9,073‌

80‌

Armada

Hoffler

Properties

Inc

644‌

8‌

CareTrust

REIT

Inc

1,495‌

40‌

CBL

&

Associates

Properties

Inc

2,082‌

54‌

Clipper

Realty

Inc

1,377‌

5‌

Community

Healthcare

Trust

Inc

284‌

6‌

EastGroup

Properties

Inc

55,578‌

10,393‌

Gladstone

Commercial

Corp

824‌

12‌

KKR

Real

Estate

Finance

Trust

Inc

2,120‌

24‌

NETSTREIT

Corp

1,971‌

33‌

Outfront

Media

Inc

7,711‌

125‌

Phillips

Edison

&

Co

Inc

2,399‌

84‌

Postal

Realty

Trust

Inc

1,102‌

17‌

Ryman

Hospitality

Properties

Inc

50,090‌

5,034‌

Saul

Centers

Inc

1,260‌

50‌

Strawberry

Fields

REIT

Inc

786‌

9‌

Tanger

Inc

5,548‌

160‌

Terreno

Realty

Corp

61,452‌

4,204‌

UMH

Properties

Inc

1,340‌

24‌

Universal

Health

Realty

Income

Trust

1,420‌

61‌

$

20,496‌

Retail

-

5

.01

%

Abercrombie

&

Fitch

Co

(e)

6,684‌

986‌

Academy

Sports

&

Outdoors

Inc

2,499‌

135‌

American

Eagle

Outfitters

Inc

19,244‌

424‌

Arko

Corp

1,100‌

7‌

Beacon

Roofing

Supply

Inc

(e)

7,898‌

812‌

BJ's

Restaurants

Inc

(e)

164,708‌

5,201‌

Blink

Charging

Co

(a),(e)

5,821‌

19‌

Bloomin'

Brands

Inc

5,553‌

116‌

Boot

Barn

Holdings

Inc

(e)

114,941‌

15,343‌

Brinker

International

Inc

(e)

5,284‌

353‌

Buckle

Inc/The

4,103‌

177‌

Build-A-Bear

Workshop

Inc

1,713‌

46‌

Caleres

Inc

1,374‌

53‌

Camping

World

Holdings

Inc

5,629‌

129‌

Casey's

General

Stores

Inc

47,205‌

18,308‌

Cheesecake

Factory

Inc/The

6,415‌

250‌

Chuy's

Holdings

Inc

(e)

40,730‌

1,511‌

Cracker

Barrel

Old

Country

Store

Inc

(a)

661‌

30‌

Dave

&

Buster's

Entertainment

Inc

(e)

4,376‌

165‌

Denny's

Corp

(e)

4,960‌

37‌

Dine

Brands

Global

Inc

260‌

9‌

Dutch

Bros

Inc

(e)

283,740‌

10,853‌

EVgo

Inc

(a),(e)

1,702‌

7‌

First

Watch

Restaurant

Group

Inc

(e)

148,452‌

2,416‌

FirstCash

Holdings

Inc

5,199‌

580‌

Freshpet

Inc

(e)

221,443‌

26,950‌

Genesco

Inc

(e)

397‌

12‌

GMS

Inc

(e)

4,788‌

461‌

GrowGeneration

Corp

(e)

565‌

1‌

J

Jill

Inc

570‌

22‌

Jack

in

the

Box

Inc

(a)

58,108‌

3,454‌

Kura

Sushi

USA

Inc

(a),(e)

787‌

45‌

Leslie's

Inc

(e)

13,878‌

41‌

National

Vision

Holdings

Inc

(e)

250,911‌

3,628‌

Ollie's

Bargain

Outlet

Holdings

Inc

(e)

166,980‌

16,304‌

ONE

Group

Hospitality

Inc/The

(a),(e)

2,944‌

15‌

Papa

John's

International

Inc

3,232‌

143‌

Patrick

Industries

Inc

2,868‌

367‌

Portillo's

Inc

(e)

289,253‌

2,996‌

Potbelly

Corp

(e)

3,602‌

26‌

PriceSmart

Inc

2,107‌

192‌

Qurate

Retail

Inc

(e)

319‌

1‌

Savers

Value

Village

Inc

(a),(e)

2,968‌

30‌

Shake

Shack

Inc

(e)

5,054‌

443‌

Sonic

Automotive

Inc

564‌

34‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Retail

(continued)

Sweetgreen

Inc

(e)

13,125‌

$

361‌

Texas

Roadhouse

Inc

49,409‌

8,627‌

Tile

Shop

Holdings

Inc

(e)

1,346‌

10‌

Urban

Outfitters

Inc

(e)

2,394‌

110‌

Victoria's

Secret

&

Co

(e)

2,439‌

43‌

Warby

Parker

Inc

(e)

11,587‌

191‌

Wingstop

Inc

12,355‌

4,619‌

$

127,093‌

Savings

&

Loans

-

0

.41

%

Axos

Financial

Inc

(e)

125,736‌

9,180‌

Banc

of

California

Inc

77,769‌

1,087‌

Greene

County

Bancorp

Inc

945‌

34‌

$

10,301‌

Semiconductors

-

5

.21

%

ACM

Research

Inc

(e)

4,643‌

83‌

Aehr

Test

Systems

(e)

3,675‌

69‌

Ambarella

Inc

(e)

2,646‌

139‌

Arteris

Inc

(e)

3,727‌

31‌

Astera

Labs

Inc

(a),(e)

18,205‌

798‌

Axcelis

Technologies

Inc

(e)

4,329‌

547‌

CEVA

Inc

(e)

2,643‌

53‌

Diodes

Inc

(e)

643‌

50‌

Entegris

Inc

112,057‌

13,255‌

FormFactor

Inc

(e)

172,326‌

9,230‌

GCT

Semiconductor

Holding

Inc

(e)

1,022‌

5‌

Impinj

Inc

(e)

138,239‌

22,020‌

Kulicke

&

Soffa

Industries

Inc

130,572‌

6,159‌

Lattice

Semiconductor

Corp

(e)

48,956‌

2,595‌

MACOM

Technology

Solutions

Holdings

Inc

(e)

171,367‌

17,294‌

MaxLinear

Inc

(e)

9,923‌

140‌

Navitas

Semiconductor

Corp

(e)

2,336‌

9‌

Onto

Innovation

Inc

(e)

76,510‌

14,636‌

Ouster

Inc

(e)

1,010‌

13‌

Photronics

Inc

(e)

2,793‌

71‌

Power

Integrations

Inc

113,599‌

8,297‌

QuickLogic

Corp

(a),(e)

1,862‌

20‌

Rambus

Inc

(e)

128,702‌

6,620‌

Semtech

Corp

(e)

381,840‌

12,112‌

Silicon

Laboratories

Inc

(e)

4,209‌

506‌

SiTime

Corp

(e)

67,201‌

9,540‌

SkyWater

Technology

Inc

(a),(e)

304,013‌

2,250‌

Synaptics

Inc

(e)

57,136‌

4,989‌

Ultra

Clean

Holdings

Inc

(e)

5,881‌

255‌

Veeco

Instruments

Inc

(e)

6,242‌

259‌

$

132,045‌

Software

-

10

.86

%

8x8

Inc

(e)

15,712‌

48‌

ACI

Worldwide

Inc

(e)

14,017‌

606‌

ACV

Auctions

Inc

(e)

763,327‌

13,038‌

Adeia

Inc

12,203‌

143‌

Agilysys

Inc

(e)

72,555‌

8,133‌

Airship

AI

Holdings

Inc

(e)

416‌

2‌

Alignment

Healthcare

Inc

(e)

13,302‌

116‌

Alkami

Technology

Inc

(e)

5,852‌

192‌

Altair

Engineering

Inc

(e)

161,965‌

14,311‌

Amplitude

Inc

(e)

10,151‌

87‌

Appian

Corp

(e)

5,351‌

198‌

Asana

Inc

(e)

10,549‌

154‌

AvePoint

Inc

(e)

16,868‌

184‌

AvidXchange

Holdings

Inc

(e)

23,098‌

207‌

Bandwidth

Inc

(e)

2,934‌

67‌

BigBear.ai

Holdings

Inc

(a),(e)

10,266‌

16‌

BigCommerce

Holdings

Inc

(e)

9,370‌

76‌

Blackbaud

Inc

(e)

5,487‌

436‌

BlackLine

Inc

(e)

81,684‌

3,881‌

Blend

Labs

Inc

(a),(e)

30,687‌

85‌

Box

Inc

(e)

18,717‌

526‌

Braze

Inc

(e)

242,089‌

10,666‌

C3.ai

Inc

(e)

10,984‌

294‌

Schedule

of

Investments

SmallCap

Growth

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

251

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Software

(continued)

CCC

Intelligent

Solutions

Holdings

Inc

(e)

1,439,655‌

$

14,771‌

Clear

Secure

Inc

(a)

384,392‌

8,207‌

Clearwater

Analytics

Holdings

Inc

(e)

773,161‌

15,115‌

Climb

Global

Solutions

Inc

558‌

40‌

CommVault

Systems

Inc

(e)

5,410‌

827‌

CS

Disco

Inc

(e)

2,493‌

15‌

CSG

Systems

International

Inc

3,932‌

184‌

Daily

Journal

Corp

(e)

131‌

61‌

Digimarc

Corp

(e)

1,905‌

61‌

DigitalOcean

Holdings

Inc

(e)

8,722‌

289‌

Domo

Inc

(a),(e)

4,495‌

38‌

Donnelley

Financial

Solutions

Inc

(e)

2,240‌

151‌

Duolingo

Inc

(e)

49,140‌

8,449‌

Dynatrace

Inc

(e)

362,291‌

15,912‌

eGain

Corp

(e)

2,743‌

20‌

Enfusion

Inc

(e)

6,432‌

61‌

Envestnet

Inc

(e)

210,908‌

13,072‌

EverCommerce

Inc

(e)

2,103‌

25‌

Evolent

Health

Inc

(e)

15,340‌

358‌

Fastly

Inc

(e)

13,629‌

110‌

Five9

Inc

(e)

139,397‌

6,210‌

Freshworks

Inc

(e)

618,065‌

7,726‌

GigaCloud

Technology

Inc

(a),(e)

3,117‌

92‌

Golden

Matrix

Group

Inc

(e)

2,686‌

6‌

Guidewire

Software

Inc

(e)

63,027‌

9,458‌

Health

Catalyst

Inc

(e)

703‌

5‌

Ibotta

Inc

(a),(e)

10,607‌

713‌

iLearningEngines

Holdings

Inc

(e)

3,720‌

31‌

Innodata

Inc

(e)

3,553‌

69‌

Inspired

Entertainment

Inc

(e)

2,996‌

28‌

Instructure

Holdings

Inc

(e)

1,541‌

36‌

Intapp

Inc

(e)

238,016‌

8,528‌

IonQ

Inc

(a),(e)

26,366‌

215‌

Jamf

Holding

Corp

(e)

9,854‌

180‌

Kaltura

Inc

(e)

13,038‌

17‌

Klaviyo

Inc

(e)

378,460‌

9,916‌

Life360

Inc

(e)

55,703‌

1,869‌

Matterport

Inc

(e)

34,809‌

155‌

MeridianLink

Inc

(e)

2,166‌

51‌

Monday.com

Ltd

(e)

44,480‌

10,222‌

N-able

Inc/US

(e)

9,494‌

132‌

Olo

Inc

(e)

6,894‌

33‌

Onestream

Inc

(e)

125,339‌

3,491‌

PagerDuty

Inc

(e)

11,861‌

248‌

PDF

Solutions

Inc

(e)

254,223‌

8,921‌

Phreesia

Inc

(e)

679,962‌

16,965‌

Porch

Group

Inc

(e)

10,427‌

21‌

PowerSchool

Holdings

Inc

(e)

7,052‌

159‌

Privia

Health

Group

Inc

(e)

13,560‌

281‌

Progress

Software

Corp

5,707‌

333‌

PROS

Holdings

Inc

(e)

308,822‌

7,442‌

PubMatic

Inc

(e)

5,556‌

122‌

Red

Violet

Inc

(e)

1,438‌

37‌

ReposiTrak

Inc

1,583‌

30‌

Sapiens

International

Corp

NV

4,088‌

159‌

Schrodinger

Inc/United

States

(e)

7,387‌

165‌

SEMrush

Holdings

Inc

(e)

4,820‌

71‌

Simulations

Plus

Inc

2,111‌

86‌

SoundHound

AI

Inc

(e)

37,718‌

192‌

Sprout

Social

Inc

(e)

86,954‌

3,397‌

SPS

Commerce

Inc

(e)

91,134‌

19,632‌

Take-Two

Interactive

Software

Inc

(e)

66,565‌

10,020‌

Talkspace

Inc

(e)

15,635‌

31‌

Tempus

AI

Inc

(a),(e)

130,360‌

5,642‌

Vertex

Inc

(e)

7,212‌

286‌

Viant

Technology

Inc

(e)

2,033‌

24‌

Weave

Communications

Inc

(e)

5,200‌

52‌

WM

Technology

Inc

(e)

11,273‌

12‌

Workiva

Inc

(e)

91,402‌

6,743‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Software

(continued)

Yext

Inc

(e)

13,929‌

$

80‌

Zeta

Global

Holdings

Corp

(e)

21,860‌

468‌

Zuora

Inc

(e)

377,978‌

3,429‌

$

275,463‌

Telecommunications

-

1

.61

%

A10

Networks

Inc

9,420‌

123‌

Anterix

Inc

(e)

1,488‌

60‌

Applied

Digital

Corp

(a),(e)

8,667‌

42‌

Calix

Inc

(e)

5,766‌

237‌

Credo

Technology

Group

Holding

Ltd

(e)

449,749‌

12,480‌

DigitalBridge

Group

Inc

863,791‌

12,205‌

Extreme

Networks

Inc

(e)

8,933‌

128‌

Globalstar

Inc

(e)

80,910‌

98‌

Gogo

Inc

(e)

3,502‌

32‌

Harmonic

Inc

(e)

14,681‌

215‌

IDT

Corp

-

Class

B

1,455‌

56‌

Infinera

Corp

(a),(e)

1,633,993‌

9,706‌

InterDigital

Inc

(a)

43,445‌

5,333‌

Ooma

Inc

(e)

458‌

5‌

Preformed

Line

Products

Co

22‌

3‌

Terran

Orbital

Corp

(e)

862‌

1‌

$

40,724‌

Transportation

-

1

.38

%

ArcBest

Corp

102,964‌

12,978‌

Costamare

Inc

399‌

6‌

Covenant

Logistics

Group

Inc

190‌

11‌

CryoPort

Inc

(e)

4,826‌

45‌

Dorian

LPG

Ltd

2,303‌

94‌

FLEX

LNG

Ltd

2,436‌

65‌

Heartland

Express

Inc

2,569‌

33‌

Himalaya

Shipping

Ltd

(a),(e)

3,764‌

31‌

Kirby

Corp

(e)

90,650‌

11,139‌

Marten

Transport

Ltd

1,649‌

31‌

PAM

Transportation

Services

Inc

(e)

98‌

2‌

Proficient

Auto

Logistics

Inc

(e)

301,145‌

6,068‌

RXO

Inc

(e)

140,775‌

4,464‌

SFL

Corp

Ltd

3,003‌

36‌

Universal

Logistics

Holdings

Inc

325‌

14‌

Werner

Enterprises

Inc

1,076‌

42‌

World

Kinect

Corp

827‌

23‌

$

35,082‌

Water

-

0

.02

%

American

States

Water

Co

2,787‌

230‌

California

Water

Service

Group

2,039‌

109‌

Consolidated

Water

Co

Ltd

492‌

14‌

Global

Water

Resources

Inc

1,668‌

22‌

Middlesex

Water

Co

302‌

20‌

York

Water

Co/The

250‌

10‌

$

405‌

TOTAL

COMMON

STOCKS

$

2,450,464‌

Total

Investments

$

2,582,783‌

Other

Assets

and

Liabilities

-  (1.83)%

(

46,454‌

)

TOTAL

NET

ASSETS

-

100.00%

$

2,536,329‌

(a)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$44,439

or

1.75%

of

net

assets.

(b)

1-day

yield

shown

is

as

of

period

end.

(c)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$45,353

or

1.79%

of

net

assets.

(d)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(e)

Non-income

producing

security

Schedule

of

Investments

SmallCap

Growth

Fund

I

July

31,

2024

(unaudited)

See

accompanying

notes.

252

(f)

The

value

of

these

investments

was

determined

using

significant

unobservable

inputs,

in

good

faith

by

the

Manager,

under

procedures

established

and

periodically

reviewed

by

the

Board

of

Directors.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

76,745‌

$

1,086,187‌

$

1,054,691‌

$

108,241‌

$

76,745‌

$

1,086,187‌

$

1,054,691‌

$

108,241‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

2,609‌

$

—‌

$

—‌

$

—‌

$

2,609‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

Russell

2000

Emini;

September

2024

Long

109‌

$

12,388‌

$

162‌

Total

$

162‌

Amounts

in

thousands

except

contracts.

Schedule

of

Investments

SmallCap

S&P

600

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

253

INVESTMENT

COMPANIES

-

2.64%

Shares

Held

Value

(000's)

Exchange-Traded

Funds

-

0.13%

iShares

Core

S&P

Small-Cap

ETF

14,744‌

$

1,745‌

Money

Market

Funds

-

2.51%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

832,215‌

832‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b),(c)

31,372,154‌

31,372‌

$

32,204‌

TOTAL

INVESTMENT

COMPANIES

$

33,949‌

COMMON

STOCKS

-

97.63%

Shares

Held

Value

(000's)

Aerospace

&

Defense

-

1.36%

AAR

Corp

(d)

31,526‌

$

2,037‌

AeroVironment

Inc

(d)

26,618‌

4,752‌

Barnes

Group

Inc

48,275‌

1,947‌

Mercury

Systems

Inc

(d)

49,725‌

1,768‌

Moog

Inc

27,383‌

5,370‌

National

Presto

Industries

Inc

5,001‌

382‌

Triumph

Group

Inc

(d)

73,187‌

1,200‌

$

17,456‌

Agriculture

-

0.41%

Andersons

Inc/The

30,252‌

1,649‌

Fresh

Del

Monte

Produce

Inc

31,924‌

800‌

Universal

Corp/VA

23,397‌

1,250‌

Vector

Group

Ltd

127,402‌

1,628‌

$

5,327‌

Airlines

-

0.85%

Alaska

Air

Group

Inc

(d)

120,818‌

4,534‌

Allegiant

Travel

Co

13,760‌

772‌

JetBlue

Airways

Corp

(d)

323,853‌

2,076‌

SkyWest

Inc

(d)

38,334‌

3,064‌

Sun

Country

Airlines

Holdings

Inc

(d)

36,100‌

473‌

$

10,919‌

Apparel

-

1.26%

Hanesbrands

Inc

(d)

334,735‌

1,988‌

Kontoor

Brands

Inc

47,310‌

3,319‌

Oxford

Industries

Inc

13,999‌

1,474‌

Steven

Madden

Ltd

65,674‌

2,978‌

VF

Corp

314,674‌

5,337‌

Wolverine

World

Wide

Inc

76,104‌

1,132‌

$

16,228‌

Automobile

Manufacturers

-

0.07%

Wabash

National

Corp

42,868‌

921‌

Automobile

Parts

&

Equipment

-

0.98%

American

Axle

&

Manufacturing

Holdings

Inc

(d)

111,927‌

832‌

Dana

Inc

122,842‌

1,561‌

Dorman

Products

Inc

(d)

26,576‌

2,694‌

Fox

Factory

Holding

Corp

(d)

39,625‌

2,116‌

Gentherm

Inc

(d)

30,130‌

1,662‌

Phinia

Inc

43,497‌

1,944‌

Standard

Motor

Products

Inc

17,863‌

585‌

Titan

International

Inc

(d)

48,569‌

414‌

XPEL

Inc

(d)

20,260‌

828‌

$

12,636‌

Banks

-

8.39%

Ameris

Bancorp

61,621‌

3,752‌

Atlantic

Union

Bankshares

Corp

85,470‌

3,529‌

BancFirst

Corp

13,821‌

1,485‌

Bancorp

Inc/The

(d)

49,287‌

2,555‌

Bank

of

Hawaii

Corp

37,795‌

2,592‌

BankUnited

Inc

71,178‌

2,742‌

Banner

Corp

32,801‌

1,942‌

Cathay

General

Bancorp

69,328‌

3,073‌

Central

Pacific

Financial

Corp

25,747‌

672‌

City

Holding

Co

14,057‌

1,714‌

Comerica

Inc

126,239‌

6,919‌

Community

Financial

System

Inc

50,245‌

3,099‌

Customers

Bancorp

Inc

(d)

27,122‌

1,749‌

CVB

Financial

Corp

126,309‌

2,407‌

Dime

Community

Bancshares

Inc

33,393‌

844‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Banks

(continued)

Eagle

Bancorp

Inc

28,744‌

$

619‌

FB

Financial

Corp

33,554‌

1,567‌

First

BanCorp/Puerto

Rico

157,477‌

3,378‌

First

Bancorp/Southern

Pines

NC

39,200‌

1,639‌

First

Commonwealth

Financial

Corp

97,098‌

1,755‌

First

Financial

Bancorp

90,890‌

2,487‌

First

Hawaiian

Inc

121,722‌

3,048‌

Fulton

Financial

Corp

173,060‌

3,352‌

Hanmi

Financial

Corp

28,746‌

586‌

Heritage

Financial

Corp/WA

33,030‌

765‌

Hilltop

Holdings

Inc

44,122‌

1,456‌

Hope

Bancorp

Inc

114,841‌

1,511‌

Independent

Bank

Corp

40,433‌

2,594‌

Independent

Bank

Group

Inc

34,277‌

2,024‌

Lakeland

Financial

Corp

24,282‌

1,664‌

National

Bank

Holdings

Corp

36,015‌

1,508‌

NBT

Bancorp

Inc

44,893‌

2,201‌

OFG

Bancorp

44,753‌

2,033‌

Park

National

Corp

13,687‌

2,422‌

Pathward

Financial

Inc

24,062‌

1,625‌

Preferred

Bank/Los

Angeles

CA

11,733‌

1,010‌

Renasant

Corp

59,583‌

2,049‌

S&T

Bancorp

Inc

36,406‌

1,616‌

Seacoast

Banking

Corp

of

Florida

80,144‌

2,231‌

ServisFirst

Bancshares

Inc

46,710‌

3,748‌

Simmons

First

National

Corp

119,477‌

2,572‌

Southside

Bancshares

Inc

27,394‌

958‌

Stellar

Bancorp

Inc

44,889‌

1,230‌

Tompkins

Financial

Corp

11,932‌

751‌

Triumph

Financial

Inc

(d)

20,555‌

1,865‌

TrustCo

Bank

Corp

NY

18,113‌

645‌

Trustmark

Corp

58,273‌

2,024‌

United

Community

Banks

Inc/GA

113,438‌

3,511‌

Veritex

Holdings

Inc

51,915‌

1,301‌

Walker

&

Dunlop

Inc

32,105‌

3,432‌

Westamerica

BanCorp

25,402‌

1,371‌

$

107,622‌

Beverages

-

0.18%

MGP

Ingredients

Inc

14,884‌

1,214‌

National

Beverage

Corp

22,266‌

1,086‌

$

2,300‌

Biotechnology

-

1.77%

ANI

Pharmaceuticals

Inc

(d)

14,598‌

959‌

Arcus

Biosciences

Inc

(d)

51,959‌

853‌

Certara

Inc

(d)

102,605‌

1,602‌

Cytek

Biosciences

Inc

(d)

91,242‌

612‌

Dynavax

Technologies

Corp

(d)

124,627‌

1,395‌

Innoviva

Inc

(d)

52,321‌

986‌

Krystal

Biotech

Inc

(d)

23,655‌

4,931‌

Ligand

Pharmaceuticals

Inc

(d)

16,079‌

1,752‌

Myriad

Genetics

Inc

(d)

86,175‌

2,410‌

NeoGenomics

Inc

(d)

121,599‌

2,156‌

OmniAb

Operations

Inc

(d)

7,689‌

—‌

OmniAb

Operations

Inc

(d)

7,689‌

—‌

REGENXBIO

Inc

(d)

43,145‌

615‌

Vericel

Corp

(d)

46,276‌

2,338‌

Vir

Biotechnology

Inc

(d)

82,910‌

842‌

Xencor

Inc

(d)

58,712‌

1,199‌

$

22,650‌

Building

Materials

-

2.26%

American

Woodmark

Corp

(d)

15,087‌

1,541‌

Apogee

Enterprises

Inc

21,070‌

1,446‌

Armstrong

World

Industries

Inc

41,663‌

5,474‌

Boise

Cascade

Co

37,589‌

5,341‌

Gibraltar

Industries

Inc

(d)

29,012‌

2,155‌

Griffon

Corp

35,386‌

2,550‌

Hayward

Holdings

Inc

(d)

120,698‌

1,785‌

Masterbrand

Inc

(d)

120,924‌

2,183‌

Schedule

of

Investments

SmallCap

S&P

600

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

254

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Building

Materials

(continued)

SPX

Technologies

Inc

(d)

44,020‌

$

6,495‌

$

28,970‌

Chemicals

-

2.38%

AdvanSix

Inc

25,534‌

714‌

Balchem

Corp

30,871‌

5,478‌

Hawkins

Inc

18,120‌

1,883‌

HB

Fuller

Co

51,883‌

4,472‌

Ingevity

Corp

(d)

32,169‌

1,476‌

Innospec

Inc

23,741‌

3,114‌

Koppers

Holdings

Inc

20,185‌

822‌

Mativ

Holdings

Inc

51,723‌

987‌

Minerals

Technologies

Inc

30,706‌

2,407‌

Quaker

Chemical

Corp

13,191‌

2,395‌

Rogers

Corp

(d)

15,989‌

1,954‌

Sensient

Technologies

Corp

40,337‌

3,148‌

Stepan

Co

20,331‌

1,721‌

$

30,571‌

Coal

-

1.16%

Alpha

Metallurgical

Resources

Inc

11,023‌

3,256‌

Arch

Resources

Inc

17,249‌

2,528‌

CONSOL

Energy

Inc

(d)

25,184‌

2,514‌

Peabody

Energy

Corp

100,614‌

2,235‌

SunCoke

Energy

Inc

80,052‌

936‌

Warrior

Met

Coal

Inc

49,798‌

3,441‌

$

14,910‌

Commercial

Services

-

4.55%

ABM

Industries

Inc

60,261‌

3,348‌

Adtalem

Global

Education

Inc

(d)

35,806‌

2,808‌

Alarm.com

Holdings

Inc

(d)

47,786‌

3,371‌

AMN

Healthcare

Services

Inc

(d)

36,177‌

2,446‌

Arlo

Technologies

Inc

(d)

92,908‌

1,409‌

CoreCivic

Inc

(d)

105,931‌

1,477‌

Cross

Country

Healthcare

Inc

(d)

31,122‌

568‌

Deluxe

Corp

41,937‌

1,022‌

EVERTEC

Inc

61,326‌

2,114‌

GEO

Group

Inc/The

(d)

126,907‌

1,840‌

Green

Dot

Corp

(d)

43,571‌

417‌

Healthcare

Services

Group

Inc

(d)

70,121‌

801‌

Heidrick

&

Struggles

International

Inc

19,279‌

774‌

Hertz

Global

Holdings

Inc

(d)

125,203‌

511‌

John

Wiley

&

Sons

Inc

40,047‌

1,912‌

Kelly

Services

Inc

30,659‌

721‌

Korn

Ferry

49,682‌

3,663‌

LiveRamp

Holdings

Inc

(d)

63,017‌

1,908‌

Matthews

International

Corp

29,240‌

847‌

Mister

Car

Wash

Inc

(d),(e)

88,223‌

671‌

Monro

Inc

28,471‌

877‌

Payoneer

Global

Inc

(d)

241,193‌

1,334‌

Perdoceo

Education

Corp

62,463‌

1,548‌

PROG

Holdings

Inc

41,109‌

1,852‌

Robert

Half

Inc

98,424‌

6,318‌

Strategic

Education

Inc

20,879‌

2,201‌

Stride

Inc

(d)

38,035‌

2,890‌

Upbound

Group

Inc

42,652‌

1,609‌

Verra

Mobility

Corp

(d)

158,555‌

4,777‌

Vestis

Corp

125,159‌

1,623‌

Viad

Corp

(d)

20,117‌

669‌

$

58,326‌

Computers

-

1.22%

3D

Systems

Corp

(d)

127,047‌

464‌

Corsair

Gaming

Inc

(d)

41,551‌

341‌

DXC

Technology

Co

(d)

170,349‌

3,465‌

Insight

Enterprises

Inc

(d)

26,349‌

5,915‌

NCR

Atleos

Corp

(d)

65,231‌

2,097‌

NCR

Voyix

Corp

(d)

131,170‌

1,935‌

NetScout

Systems

Inc

(d)

67,998‌

1,384‌

$

15,601‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Consumer

Products

-

0.51%

Central

Garden

&

Pet

Co

(d)

9,070‌

$

361‌

Central

Garden

&

Pet

Co

-

A

Shares

(d)

51,582‌

1,773‌

Quanex

Building

Products

Corp

31,527‌

1,053‌

WD-40

Co

12,905‌

3,376‌

$

6,563‌

Cosmetics

&

Personal

Care

-

0.59%

Edgewell

Personal

Care

Co

47,182‌

1,847‌

Inter

Parfums

Inc

17,077‌

2,403‌

Prestige

Consumer

Healthcare

Inc

(d)

47,526‌

3,365‌

$

7,615‌

Distribution

&

Wholesale

-

0.80%

G-III

Apparel

Group

Ltd

(d)

38,103‌

1,050‌

OPENLANE

Inc

(d)

103,118‌

1,844‌

Resideo

Technologies

Inc

(d)

139,028‌

3,159‌

Rush

Enterprises

Inc

-

Class

A

58,939‌

3,006‌

ScanSource

Inc

(d)

23,527‌

1,225‌

$

10,284‌

Diversified

Financial

Services

-

4.32%

Air

Lease

Corp

98,614‌

4,893‌

Artisan

Partners

Asset

Management

Inc

66,560‌

2,939‌

B

Riley

Financial

Inc

(e)

15,576‌

299‌

BGC

Group

Inc

365,520‌

3,366‌

Bread

Financial

Holdings

Inc

47,210‌

2,577‌

Brightsphere

Investment

Group

Inc

28,046‌

735‌

Cohen

&

Steers

Inc

25,023‌

2,147‌

Encore

Capital

Group

Inc

(d)

22,553‌

1,140‌

Enova

International

Inc

(d)

25,822‌

2,233‌

EZCORP

Inc

(d)

49,483‌

516‌

Moelis

&

Co

66,986‌

4,555‌

Mr

Cooper

Group

Inc

(d)

61,625‌

5,539‌

Navient

Corp

76,661‌

1,258‌

Piper

Sandler

Cos

14,811‌

4,048‌

PJT

Partners

Inc

21,011‌

2,793‌

PRA

Group

Inc

(d)

37,468‌

999‌

Radian

Group

Inc

143,371‌

5,319‌

StepStone

Group

Inc

49,527‌

2,489‌

StoneX

Group

Inc

(d)

25,971‌

2,164‌

Virtu

Financial

Inc

84,257‌

2,302‌

Virtus

Investment

Partners

Inc

6,380‌

1,442‌

WisdomTree

Inc

106,293‌

1,269‌

World

Acceptance

Corp

(d)

3,199‌

391‌

$

55,413‌

Electric

-

1.06%

Avista

Corp

74,446‌

2,917‌

Clearway

Energy

Inc

-

Class

A

32,957‌

812‌

Clearway

Energy

Inc

-

Class

C

78,506‌

2,094‌

MGE

Energy

Inc

34,446‌

3,026‌

Otter

Tail

Corp

39,814‌

3,859‌

Unitil

Corp

15,394‌

943‌

$

13,651‌

Electrical

Components

&

Equipment

-

0.33%

Energizer

Holdings

Inc

63,568‌

1,957‌

Insteel

Industries

Inc

18,543‌

635‌

Powell

Industries

Inc

8,790‌

1,614‌

$

4,206‌

Electronics

-

2.96%

Advanced

Energy

Industries

Inc

35,651‌

4,149‌

Badger

Meter

Inc

27,988‌

5,770‌

Benchmark

Electronics

Inc

34,320‌

1,643‌

Brady

Corp

42,648‌

3,054‌

CTS

Corp

29,106‌

1,423‌

ESCO

Technologies

Inc

24,520‌

3,015‌

Itron

Inc

(d)

43,675‌

4,518‌

Knowles

Corp

(d)

85,448‌

1,561‌

Mesa

Laboratories

Inc

4,880‌

559‌

OSI

Systems

Inc

(d)

14,936‌

2,210‌

Plexus

Corp

(d)

26,079‌

3,342‌

Sanmina

Corp

(d)

52,800‌

3,977‌

Schedule

of

Investments

SmallCap

S&P

600

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

255

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Electronics

(continued)

TTM

Technologies

Inc

(d)

96,904‌

$

1,878‌

Vicor

Corp

(d)

21,554‌

908‌

$

38,007‌

Energy

-

Alternate

Sources

-

0.56%

Green

Plains

Inc

(d)

61,527‌

1,091‌

REX

American

Resources

Corp

(d)

14,499‌

737‌

SolarEdge

Technologies

Inc

(d)

54,557‌

1,574‌

SunPower

Corp

(d),(e)

81,868‌

70‌

Sunrun

Inc

(d)

211,053‌

3,700‌

$

7,172‌

Engineering

&

Construction

-

1.46%

Arcosa

Inc

46,258‌

4,298‌

Dycom

Industries

Inc

(d)

27,699‌

5,083‌

Frontdoor

Inc

(d)

74,067‌

2,923‌

Granite

Construction

Inc

42,038‌

2,878‌

MYR

Group

Inc

(d)

15,964‌

2,243‌

NV5

Global

Inc

(d)

12,300‌

1,268‌

$

18,693‌

Entertainment

-

1.12%

Cinemark

Holdings

Inc

(d)

101,591‌

2,396‌

Golden

Entertainment

Inc

20,673‌

691‌

Madison

Square

Garden

Sports

Corp

(d)

15,899‌

3,186‌

Monarch

Casino

&

Resort

Inc

12,487‌

978‌

Penn

Entertainment

Inc

(d)

142,286‌

2,841‌

Six

Flags

Entertainment

Corp

88,796‌

4,229‌

$

14,321‌

Environmental

Control

-

0.07%

Enviri

Corp

(d)

76,269‌

901‌

Food

-

1.49%

B&G

Foods

Inc

75,267‌

649‌

Calavo

Growers

Inc

16,947‌

403‌

Cal-Maine

Foods

Inc

38,751‌

2,774‌

Chefs'

Warehouse

Inc/The

(d)

33,702‌

1,402‌

Grocery

Outlet

Holding

Corp

(d)

95,080‌

1,860‌

Hain

Celestial

Group

Inc/The

(d)

85,543‌

662‌

J

&

J

Snack

Foods

Corp

14,767‌

2,491‌

John

B

Sanfilippo

&

Son

Inc

8,576‌

899‌

Simply

Good

Foods

Co/The

(d)

86,634‌

2,939‌

SpartanNash

Co

32,815‌

693‌

Tootsie

Roll

Industries

Inc

16,872‌

520‌

TreeHouse

Foods

Inc

(d)

45,575‌

1,836‌

United

Natural

Foods

Inc

(d)

56,593‌

877‌

WK

Kellogg

Co

62,962‌

1,108‌

$

19,113‌

Forest

Products

&

Paper

-

0.22%

Mercer

International

Inc

41,975‌

320‌

Sylvamo

Corp

33,285‌

2,453‌

$

2,773‌

Gas

-

0.31%

Chesapeake

Utilities

Corp

21,204‌

2,503‌

Northwest

Natural

Holding

Co

36,208‌

1,447‌

$

3,950‌

Hand

&

Machine

Tools

-

0.63%

Enerpac

Tool

Group

Corp

51,656‌

2,077‌

Franklin

Electric

Co

Inc

37,733‌

4,023‌

Kennametal

Inc

74,901‌

1,958‌

$

8,058‌

Healthcare

-

Products

-

3.11%

Artivion

Inc

(d)

37,749‌

1,025‌

Avanos

Medical

Inc

(d)

43,706‌

1,045‌

BioLife

Solutions

Inc

(d)

34,623‌

832‌

CONMED

Corp

29,326‌

2,025‌

Embecta

Corp

54,909‌

860‌

Glaukos

Corp

(d)

47,959‌

5,619‌

ICU

Medical

Inc

(d)

19,489‌

2,475‌

Inari

Medical

Inc

(d)

49,266‌

2,294‌

Integer

Holdings

Corp

(d)

31,902‌

3,789‌

Integra

LifeSciences

Holdings

Corp

(d)

65,273‌

1,619‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Healthcare

-

Products

(continued)

LeMaitre

Vascular

Inc

19,022‌

$

1,653‌

Merit

Medical

Systems

Inc

(d)

55,326‌

4,719‌

Omnicell

Inc

(d)

43,726‌

1,277‌

Patterson

Cos

Inc

75,920‌

1,917‌

QuidelOrtho

Corp

(d)

47,155‌

1,853‌

STAAR

Surgical

Co

(d)

46,770‌

1,929‌

Tandem

Diabetes

Care

Inc

(d)

61,499‌

2,274‌

UFP

Technologies

Inc

(d)

6,720‌

2,161‌

Varex

Imaging

Corp

(d)

38,943‌

576‌

$

39,942‌

Healthcare

-

Services

-

2.28%

Addus

HomeCare

Corp

(d)

16,820‌

2,041‌

Astrana

Health

Inc

(d)

40,295‌

2,114‌

CorVel

Corp

(d)

8,626‌

2,646‌

Enhabit

Inc

(d)

47,754‌

489‌

Ensign

Group

Inc/The

53,764‌

7,567‌

Fortrea

Holdings

Inc

(d)

85,121‌

2,349‌

Fulgent

Genetics

Inc

(d)

19,374‌

464‌

National

HealthCare

Corp

12,904‌

1,757‌

Pediatrix

Medical

Group

Inc

(d)

78,828‌

657‌

RadNet

Inc

(d)

63,310‌

3,783‌

Select

Medical

Holdings

Corp

101,523‌

4,037‌

US

Physical

Therapy

Inc

14,348‌

1,399‌

$

29,303‌

Home

Builders

-

2.81%

Cavco

Industries

Inc

(d)

7,392‌

3,065‌

Century

Communities

Inc

26,940‌

2,821‌

Green

Brick

Partners

Inc

(d)

23,958‌

1,752‌

Installed

Building

Products

Inc

22,352‌

6,043‌

LCI

Industries

24,233‌

2,828‌

LGI

Homes

Inc

(d)

19,523‌

2,246‌

M/I

Homes

Inc

(d)

26,425‌

4,408‌

Meritage

Homes

Corp

34,582‌

7,016‌

Tri

Pointe

Homes

Inc

(d)

90,336‌

4,088‌

Winnebago

Industries

Inc

27,868‌

1,742‌

$

36,009‌

Home

Furnishings

-

0.47%

Ethan

Allen

Interiors

Inc

21,777‌

672‌

Leggett

&

Platt

Inc

127,618‌

1,681‌

MillerKnoll

Inc

68,210‌

2,116‌

Sonos

Inc

(d)

117,018‌

1,580‌

$

6,049‌

Housewares

-

0.24%

Newell

Brands

Inc

363,699‌

3,124‌

Insurance

-

2.97%

Ambac

Financial

Group

Inc

(d)

43,059‌

568‌

AMERISAFE

Inc

18,209‌

865‌

Assured

Guaranty

Ltd

49,224‌

4,055‌

Employers

Holdings

Inc

24,130‌

1,158‌

Genworth

Financial

Inc

(d)

416,769‌

2,821‌

Goosehead

Insurance

Inc

(d)

24,031‌

2,170‌

HCI

Group

Inc

6,982‌

658‌

Horace

Mann

Educators

Corp

39,004‌

1,348‌

Jackson

Financial

Inc

64,628‌

5,691‌

Lincoln

National

Corp

161,889‌

5,391‌

Mercury

General

Corp

25,306‌

1,515‌

NMI

Holdings

Inc

(d)

76,433‌

3,008‌

Palomar

Holdings

Inc

(d)

23,731‌

2,183‌

ProAssurance

Corp

(d)

48,571‌

636‌

Safety

Insurance

Group

Inc

14,128‌

1,209‌

SiriusPoint

Ltd

(d)

87,654‌

1,260‌

Stewart

Information

Services

Corp

26,261‌

1,857‌

Trupanion

Inc

(d)

34,408‌

1,275‌

United

Fire

Group

Inc

20,232‌

453‌

$

38,121‌

Schedule

of

Investments

SmallCap

S&P

600

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

256

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Internet

-

1.83%

Cargurus

Inc

(d)

74,734‌

$

1,855‌

Cars.com

Inc

(d)

58,545‌

1,207‌

Cogent

Communications

Holdings

Inc

40,185‌

2,837‌

ePlus

Inc

(d)

25,370‌

2,332‌

HealthStream

Inc

22,865‌

679‌

IAC

Inc

(d)

66,522‌

3,513‌

Liquidity

Services

Inc

(d)

21,187‌

476‌

Perficient

Inc

(d)

33,478‌

2,525‌

QuinStreet

Inc

(d)

50,000‌

935‌

Shutterstock

Inc

22,866‌

1,011‌

Sprinklr

Inc

(d)

114,078‌

1,121‌

TechTarget

Inc

(d)

24,736‌

792‌

TripAdvisor

Inc

(d)

103,566‌

1,826‌

Yelp

Inc

(d)

64,229‌

2,340‌

$

23,449‌

Investment

Companies

-

0.67%

HA

Sustainable

Infrastructure

Capital

Inc

108,278‌

3,548‌

Marathon

Digital

Holdings

Inc

(d)

259,887‌

5,112‌

$

8,660‌

Iron

&

Steel

-

1.31%

ATI

Inc

(d)

118,485‌

8,022‌

Carpenter

Technology

Corp

47,234‌

6,890‌

Haynes

International

Inc

12,089‌

720‌

Worthington

Steel

Inc

29,263‌

1,167‌

$

16,799‌

Leisure

Products

&

Services

-

0.45%

Sabre

Corp

(d)

363,649‌

1,247‌

Topgolf

Callaway

Brands

Corp

(d)

134,583‌

2,221‌

Vista

Outdoor

Inc

(d)

55,417‌

2,251‌

$

5,719‌

Machinery

-

Construction

&

Mining

-

0.06%

Astec

Industries

Inc

21,675‌

761‌

Machinery

-

Diversified

-

1.32%

Alamo

Group

Inc

9,870‌

1,902‌

Albany

International

Corp

29,706‌

2,780‌

Cactus

Inc

62,560‌

3,949‌

DXP

Enterprises

Inc/TX

(d)

12,435‌

681‌

Gates

Industrial

Corp

PLC

(d)

177,371‌

3,297‌

Ichor

Holdings

Ltd

(d)

31,871‌

1,084‌

Lindsay

Corp

10,510‌

1,324‌

Tennant

Co

18,099‌

1,949‌

$

16,966‌

Media

-

0.27%

AMC

Networks

Inc

(d)

29,449‌

328‌

Cable

One

Inc

4,334‌

1,792‌

Scholastic

Corp

24,243‌

759‌

Thryv

Holdings

Inc

(d)

30,022‌

585‌

$

3,464‌

Metal

Fabrication

&

Hardware

-

1.22%

AZZ

Inc

28,280‌

2,261‌

Metallus

Inc

(d)

37,169‌

833‌

Mueller

Industries

Inc

108,159‌

7,673‌

Olympic

Steel

Inc

9,328‌

473‌

Proto

Labs

Inc

(d)

24,105‌

839‌

Standex

International

Corp

11,286‌

2,108‌

Worthington

Enterprises

Inc

29,125‌

1,454‌

$

15,641‌

Mining

-

0.18%

Century

Aluminum

Co

(d)

49,426‌

747‌

Compass

Minerals

International

Inc

32,271‌

429‌

Kaiser

Aluminum

Corp

15,159‌

1,193‌

$

2,369‌

Miscellaneous

Manufacturers

-

2.26%

Enpro

Inc

19,949‌

3,410‌

Fabrinet

(d)

34,416‌

7,591‌

Federal

Signal

Corp

58,178‌

5,816‌

Hillenbrand

Inc

66,836‌

2,956‌

John

Bean

Technologies

Corp

30,309‌

2,982‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Miscellaneous

Manufacturers

(continued)

Materion

Corp

19,740‌

$

2,377‌

Myers

Industries

Inc

35,403‌

528‌

Sturm

Ruger

&

Co

Inc

16,568‌

747‌

Trinity

Industries

Inc

77,920‌

2,576‌

$

28,983‌

Office

&

Business

Equipment

-

0.17%

Pitney

Bowes

Inc

148,172‌

978‌

Xerox

Holdings

Corp

108,793‌

1,171‌

$

2,149‌

Office

Furnishings

-

0.27%

HNI

Corp

45,033‌

2,475‌

Interface

Inc

55,456‌

958‌

$

3,433‌

Oil

&

Gas

-

2.37%

California

Resources

Corp

61,098‌

3,143‌

Comstock

Resources

Inc

91,809‌

869‌

CVR

Energy

Inc

27,758‌

794‌

Helmerich

&

Payne

Inc

93,999‌

3,799‌

Magnolia

Oil

&

Gas

Corp

172,270‌

4,693‌

Nabors

Industries

Ltd

(d)

8,539‌

878‌

Northern

Oil

&

Gas

Inc

87,143‌

3,764‌

Par

Pacific

Holdings

Inc

(d)

50,752‌

1,347‌

Patterson-UTI

Energy

Inc

294,503‌

3,237‌

SM

Energy

Co

109,530‌

5,060‌

Talos

Energy

Inc

(d)

148,846‌

1,762‌

Vital

Energy

Inc

(d)

24,298‌

1,060‌

$

30,406‌

Oil

&

Gas

Services

-

1.63%

Archrock

Inc

141,736‌

2,938‌

Bristow

Group

Inc

(d)

22,978‌

872‌

Core

Laboratories

Inc

44,655‌

1,094‌

DNOW

Inc

(d)

101,690‌

1,562‌

Dril-Quip

Inc

(d)

32,772‌

568‌

Helix

Energy

Solutions

Group

Inc

(d)

136,447‌

1,610‌

Liberty

Energy

Inc

144,394‌

3,487‌

Oceaneering

International

Inc

(d)

96,536‌

2,898‌

ProPetro

Holding

Corp

(d)

78,476‌

752‌

RPC

Inc

80,426‌

601‌

Tidewater

Inc

(d)

46,217‌

4,574‌

$

20,956‌

Packaging

&

Containers

-

0.63%

Clearwater

Paper

Corp

(d)

15,879‌

881‌

O-I

Glass

Inc

(d)

148,268‌

1,981‌

Sealed

Air

Corp

138,645‌

5,275‌

$

8,137‌

Pharmaceuticals

-

2.27%

AdaptHealth

Corp

(d)

74,380‌

845‌

Alkermes

PLC

(d)

161,121‌

4,402‌

Amphastar

Pharmaceuticals

Inc

(d)

36,317‌

1,581‌

Catalyst

Pharmaceuticals

Inc

(d)

106,838‌

1,842‌

Collegium

Pharmaceutical

Inc

(d)

31,149‌

1,201‌

Corcept

Therapeutics

Inc

(d)

87,233‌

3,373‌

Harmony

Biosciences

Holdings

Inc

(d)

30,281‌

1,025‌

Ironwood

Pharmaceuticals

Inc

(d)

133,187‌

910‌

Organon

&

Co

244,862‌

5,353‌

Owens

&

Minor

Inc

(d)

69,790‌

1,146‌

Pacira

BioSciences

Inc

(d)

44,318‌

915‌

Phibro

Animal

Health

Corp

19,364‌

366‌

Premier

Inc

99,803‌

2,094‌

Protagonist

Therapeutics

Inc

(d)

56,073‌

2,099‌

Supernus

Pharmaceuticals

Inc

(d)

52,343‌

1,561‌

USANA

Health

Sciences

Inc

(d)

10,521‌

469‌

$

29,182‌

Real

Estate

-

0.60%

Cushman

&

Wakefield

PLC

(d)

187,551‌

2,459‌

eXp

World

Holdings

Inc

(e)

73,717‌

1,058‌

Kennedy-Wilson

Holdings

Inc

111,304‌

1,159‌

Marcus

&

Millichap

Inc

22,823‌

904‌

Schedule

of

Investments

SmallCap

S&P

600

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

257

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Real

Estate

(continued)

St

Joe

Co/The

33,918‌

$

2,092‌

$

7,672‌

REITs

-

7.70%

Acadia

Realty

Trust

98,242‌

2,126‌

Alexander

&

Baldwin

Inc

69,117‌

1,362‌

American

Assets

Trust

Inc

46,383‌

1,230‌

Apollo

Commercial

Real

Estate

Finance

Inc

124,529‌

1,357‌

Apple

Hospitality

REIT

Inc

214,592‌

3,174‌

Arbor

Realty

Trust

Inc

179,491‌

2,423‌

Armada

Hoffler

Properties

Inc

63,862‌

759‌

ARMOUR

Residential

REIT

Inc

46,418‌

938‌

Blackstone

Mortgage

Trust

Inc

165,276‌

2,950‌

Brandywine

Realty

Trust

164,026‌

827‌

CareTrust

REIT

Inc

135,262‌

3,647‌

Centerspace

14,197‌

991‌

Community

Healthcare

Trust

Inc

23,306‌

507‌

DiamondRock

Hospitality

Co

200,009‌

1,646‌

Douglas

Emmett

Inc

159,368‌

2,564‌

Easterly

Government

Properties

Inc

98,066‌

1,366‌

Ellington

Financial

Inc

80,970‌

1,027‌

Elme

Communities

83,791‌

1,379‌

Essential

Properties

Realty

Trust

Inc

166,913‌

4,939‌

Four

Corners

Property

Trust

Inc

87,583‌

2,377‌

Franklin

BSP

Realty

Trust

Inc

77,952‌

1,079‌

Getty

Realty

Corp

46,760‌

1,385‌

Global

Net

Lease

Inc

186,037‌

1,619‌

Highwoods

Properties

Inc

100,922‌

3,126‌

Hudson

Pacific

Properties

Inc

120,787‌

724‌

Innovative

Industrial

Properties

Inc

26,974‌

3,313‌

JBG

SMITH

Properties

79,630‌

1,302‌

KKR

Real

Estate

Finance

Trust

Inc

55,437‌

636‌

LTC

Properties

Inc

41,393‌

1,478‌

LXP

Industrial

Trust

280,226‌

2,886‌

Macerich

Co/The

205,423‌

3,289‌

Medical

Properties

Trust

Inc

571,568‌

2,749‌

New

York

Mortgage

Trust

Inc

86,861‌

563‌

NexPoint

Residential

Trust

Inc

22,024‌

962‌

Outfront

Media

Inc

138,993‌

2,254‌

Pebblebrook

Hotel

Trust

114,736‌

1,571‌

PennyMac

Mortgage

Investment

Trust

82,689‌

1,139‌

Phillips

Edison

&

Co

Inc

116,541‌

4,091‌

Ready

Capital

Corp

147,928‌

1,373‌

Redwood

Trust

Inc

125,827‌

915‌

Retail

Opportunity

Investments

Corp

121,353‌

1,814‌

Safehold

Inc

42,850‌

992‌

Saul

Centers

Inc

12,330‌

488‌

Service

Properties

Trust

157,826‌

895‌

SITE

Centers

Corp

171,581‌

2,651‌

SL

Green

Realty

Corp

61,704‌

4,112‌

Summit

Hotel

Properties

Inc

103,013‌

653‌

Sunstone

Hotel

Investors

Inc

193,924‌

2,009‌

Tanger

Inc

104,118‌

3,009‌

Two

Harbors

Investment

Corp

98,540‌

1,327‌

Uniti

Group

Inc

228,757‌

878‌

Universal

Health

Realty

Income

Trust

12,110‌

518‌

Urban

Edge

Properties

113,127‌

2,296‌

Veris

Residential

Inc

76,648‌

1,204‌

Whitestone

REIT

45,190‌

624‌

Xenia

Hotels

&

Resorts

Inc

97,083‌

1,347‌

$

98,860‌

Retail

-

5.82%

Academy

Sports

&

Outdoors

Inc

70,259‌

3,799‌

Advance

Auto

Parts

Inc

56,755‌

3,594‌

American

Eagle

Outfitters

Inc

176,086‌

3,883‌

Asbury

Automotive

Group

Inc

(d)

19,206‌

5,171‌

BJ's

Restaurants

Inc

(d)

22,263‌

703‌

Bloomin'

Brands

Inc

82,336‌

1,717‌

Boot

Barn

Holdings

Inc

(d)

28,944‌

3,863‌

Brinker

International

Inc

(d)

42,361‌

2,830‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Retail

(continued)

Buckle

Inc/The

28,158‌

$

1,216‌

Caleres

Inc

31,481‌

1,214‌

Cheesecake

Factory

Inc/The

44,637‌

1,736‌

Chuy's

Holdings

Inc

(d)

16,404‌

608‌

Cracker

Barrel

Old

Country

Store

Inc

(e)

21,137‌

969‌

Dave

&

Buster's

Entertainment

Inc

(d)

30,703‌

1,155‌

Designer

Brands

Inc

41,442‌

338‌

Dine

Brands

Global

Inc

14,667‌

526‌

Foot

Locker

Inc

78,276‌

2,275‌

GMS

Inc

(d)

37,929‌

3,650‌

Group

1

Automotive

Inc

12,582‌

4,601‌

Guess?

Inc

25,961‌

624‌

Haverty

Furniture

Cos

Inc

12,678‌

371‌

Jack

in

the

Box

Inc

18,462‌

1,097‌

Kohl's

Corp

105,598‌

2,287‌

La-Z-Boy

Inc

40,599‌

1,792‌

Leslie's

Inc

(d)

175,899‌

519‌

MarineMax

Inc

(d)

19,323‌

674‌

Movado

Group

Inc

14,895‌

386‌

National

Vision

Holdings

Inc

(d)

74,801‌

1,082‌

Nu

Skin

Enterprises

Inc

47,290‌

531‌

ODP

Corp/The

(d)

30,418‌

1,285‌

Papa

John's

International

Inc

31,394‌

1,389‌

Patrick

Industries

Inc

20,051‌

2,568‌

PC

Connection

Inc

10,794‌

773‌

PriceSmart

Inc

23,956‌

2,188‌

Sally

Beauty

Holdings

Inc

(d)

98,559‌

1,128‌

Shake

Shack

Inc

(d)

35,852‌

3,141‌

Shoe

Carnival

Inc

17,050‌

724‌

Signet

Jewelers

Ltd

42,519‌

3,577‌

Sonic

Automotive

Inc

14,155‌

843‌

Urban

Outfitters

Inc

(d)

53,996‌

2,486‌

Victoria's

Secret

&

Co

(d)

74,541‌

1,323‌

$

74,636‌

Savings

&

Loans

-

1.57%

Axos

Financial

Inc

(d)

48,274‌

3,524‌

Banc

of

California

Inc

132,172‌

1,848‌

Berkshire

Hills

Bancorp

Inc

40,472‌

1,117‌

Brookline

Bancorp

Inc

84,640‌

888‌

Capitol

Federal

Financial

Inc

117,534‌

743‌

Northwest

Bancshares

Inc

121,172‌

1,701‌

Pacific

Premier

Bancorp

Inc

91,816‌

2,485‌

Provident

Financial

Services

Inc

124,269‌

2,304‌

WaFd

Inc

64,340‌

2,290‌

WSFS

Financial

Corp

57,218‌

3,232‌

$

20,132‌

Semiconductors

-

2.24%

Alpha

&

Omega

Semiconductor

Ltd

(d)

22,135‌

916‌

Axcelis

Technologies

Inc

(d)

30,975‌

3,914‌

CEVA

Inc

(d)

22,453‌

450‌

Cohu

Inc

(d)

44,831‌

1,434‌

Diodes

Inc

(d)

43,915‌

3,434‌

FormFactor

Inc

(d)

73,477‌

3,936‌

Kulicke

&

Soffa

Industries

Inc

52,810‌

2,491‌

MaxLinear

Inc

(d)

71,965‌

1,018‌

Photronics

Inc

(d)

60,322‌

1,533‌

Semtech

Corp

(d)

61,474‌

1,950‌

SiTime

Corp

(d)

16,769‌

2,380‌

SMART

Global

Holdings

Inc

(d)

49,794‌

1,165‌

Ultra

Clean

Holdings

Inc

(d)

42,757‌

1,850‌

Veeco

Instruments

Inc

(d)

53,927‌

2,233‌

$

28,704‌

Software

-

3.20%

ACI

Worldwide

Inc

(d)

100,393‌

4,340‌

Adeia

Inc

103,313‌

1,214‌

Agilysys

Inc

(d)

19,226‌

2,155‌

BlackLine

Inc

(d)

48,851‌

2,321‌

Box

Inc

(d)

137,444‌

3,865‌

CSG

Systems

International

Inc

27,077‌

1,268‌

Schedule

of

Investments

SmallCap

S&P

600

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

258

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Software

(continued)

Digi

International

Inc

(d)

34,633‌

$

945‌

DigitalOcean

Holdings

Inc

(d)

51,170‌

1,695‌

Donnelley

Financial

Solutions

Inc

(d)

23,725‌

1,601‌

DoubleVerify

Holdings

Inc

(d)

134,130‌

2,833‌

Envestnet

Inc

(d)

47,749‌

2,960‌

N-able

Inc/US

(d)

66,850‌

932‌

PDF

Solutions

Inc

(d)

29,253‌

1,027‌

Privia

Health

Group

Inc

(d)

98,838‌

2,050‌

Progress

Software

Corp

41,149‌

2,403‌

Schrodinger

Inc/United

States

(d)

52,614‌

1,172‌

Simulations

Plus

Inc

15,223‌

622‌

SPS

Commerce

Inc

(d)

35,261‌

7,596‌

$

40,999‌

Telecommunications

-

1.70%

A10

Networks

Inc

66,637‌

872‌

Calix

Inc

(d)

55,526‌

2,284‌

Consolidated

Communications

Holdings

Inc

(d)

72,167‌

332‌

EchoStar

Corp

(d)

114,779‌

2,305‌

Extreme

Networks

Inc

(d)

123,728‌

1,769‌

Gogo

Inc

(d)

58,091‌

527‌

Harmonic

Inc

(d)

110,961‌

1,627‌

InterDigital

Inc

(e)

24,028‌

2,950‌

Lumen

Technologies

Inc

(d)

966,447‌

3,044‌

Shenandoah

Telecommunications

Co

47,781‌

1,017‌

Telephone

and

Data

Systems

Inc

93,861‌

1,990‌

Viasat

Inc

(d)

71,593‌

1,448‌

Viavi

Solutions

Inc

(d)

212,552‌

1,709‌

$

21,874‌

Textiles

-

0.22%

UniFirst

Corp/MA

14,348‌

2,791‌

Transportation

-

1.72%

ArcBest

Corp

22,310‌

2,812‌

Dorian

LPG

Ltd

32,465‌

1,327‌

Forward

Air

Corp

30,062‌

762‌

Heartland

Express

Inc

43,655‌

566‌

Hub

Group

Inc

58,786‌

2,749‌

Marten

Transport

Ltd

55,003‌

1,035‌

Matson

Inc

32,534‌

4,318‌

RXO

Inc

(d)

111,922‌

3,549‌

Schneider

National

Inc

35,253‌

949‌

Werner

Enterprises

Inc

60,376‌

2,366‌

World

Kinect

Corp

57,070‌

1,594‌

$

22,027‌

Trucking

&

Leasing

-

0.12%

Greenbrier

Cos

Inc/The

29,641‌

1,512‌

Water

-

0.68%

American

States

Water

Co

35,447‌

2,925‌

California

Water

Service

Group

54,989‌

2,940‌

Middlesex

Water

Co

16,975‌

1,128‌

SJW

Group

27,929‌

1,693‌

$

8,686‌

TOTAL

COMMON

STOCKS

$

1,252,672‌

Total

Investments

$

1,286,621‌

Other

Assets

and

Liabilities

-  (0.27)%

(3,491‌)

TOTAL

NET

ASSETS

-

100.00%

$

1,283,130‌

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$5,592

or

0.44%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Non-income

producing

security

(e)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$5,474

or

0.43%

of

net

assets.

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

19,882‌

$

253,583‌

$

242,093‌

$

31,372‌

$

19,882‌

$

253,583‌

$

242,093‌

$

31,372‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

841‌

$

—‌

$

—‌

$

—‌

$

841‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

Schedule

of

Investments

SmallCap

S&P

600

Index

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

259

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

Russell

2000

Emini;

September

2024

Long

253‌

$

28,753‌

$

2,070‌

Total

$

2,070‌

Amounts

in

thousands

except

contracts.

Schedule

of

Investments

SmallCap

Value

Fund

II

July

31,

2024

(unaudited)

See

accompanying

notes.

260

INVESTMENT

COMPANIES

-

4

.47

%

Shares

Held

Value

(000's)

Exchange-Traded

Funds

-

0

.19

%

iShares

Russell

2000

Value

ETF

18,000‌

$

3,082‌

Money

Market

Funds

-

4

.28

%

BlackRock

Liquidity

FedFund

-

Institutional

Class

5.21%

(a),(b)

1,295,919‌

1,296‌

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

(a),(b),(c)

67,453,992‌

67,454‌

$

68,750‌

TOTAL

INVESTMENT

COMPANIES

$

71,832‌

COMMON

STOCKS

-

95

.06

%

Shares

Held

Value

(000's)

Advertising

-

0

.16

%

Advantage

Solutions

Inc

(d)

11,894‌

$

48‌

Boston

Omaha

Corp

(d)

2,585‌

38‌

Clear

Channel

Outdoor

Holdings

Inc

(d)

31,870‌

53‌

National

CineMedia

Inc

(d)

55,482‌

335‌

Stagwell

Inc

(d)

311,667‌

2,082‌

$

2,556‌

Aerospace

&

Defense

-

0

.44

%

AAR

Corp

(d)

2,886‌

186‌

AerSale

Corp

(d)

277,961‌

1,874‌

Archer

Aviation

Inc

(d),(e)

1,260‌

5‌

Astronics

Corp

(d)

3,007‌

69‌

Barnes

Group

Inc

59,584‌

2,404‌

Bridger

Aerospace

Group

Holdings

Inc

(d)

642‌

2‌

Ducommun

Inc

(d)

1,418‌

91‌

Intuitive

Machines

Inc

(d),(e)

2,651‌

11‌

Kratos

Defense

&

Security

Solutions

Inc

(d)

8,656‌

195‌

Mercury

Systems

Inc

(d)

5,765‌

205‌

Moog

Inc

2,100‌

412‌

National

Presto

Industries

Inc

18,397‌

1,407‌

Redwire

Corp

(d)

1,605‌

11‌

Triumph

Group

Inc

(d)

6,785‌

111‌

Virgin

Galactic

Holdings

Inc

(d)

1,701‌

12‌

$

6,995‌

Agriculture

-

0

.18

%

Alico

Inc

749‌

22‌

Andersons

Inc/The

41,713‌

2,274‌

Dole

PLC

7,895‌

117‌

Fresh

Del

Monte

Produce

Inc

3,550‌

89‌

Limoneira

Co

1,761‌

39‌

Tejon

Ranch

Co

(d)

2,339‌

45‌

Turning

Point

Brands

Inc

238‌

9‌

Universal

Corp/VA

2,520‌

135‌

Vector

Group

Ltd

13,155‌

168‌

$

2,898‌

Airlines

-

0

.22

%

Alaska

Air

Group

Inc

(d)

50,900‌

1,910‌

Allegiant

Travel

Co

1,620‌

91‌

Hawaiian

Holdings

Inc

(d)

5,366‌

69‌

JetBlue

Airways

Corp

(d)

32,264‌

207‌

SkyWest

Inc

(d)

4,189‌

335‌

Spirit

Airlines

Inc

(e)

12,199‌

37‌

Sun

Country

Airlines

Holdings

Inc

(d)

61,134‌

800‌

$

3,449‌

Apparel

-

1

.13

%

Carter's

Inc

36,200‌

2,192‌

Gildan

Activewear

Inc

278,125‌

11,311‌

Oxford

Industries

Inc

(e)

21,791‌

2,295‌

Rocky

Brands

Inc

455‌

16‌

Steven

Madden

Ltd

50,100‌

2,271‌

Superior

Group

of

Cos

Inc

1,239‌

25‌

Weyco

Group

Inc

(e)

593‌

21‌

$

18,131‌

Automobile

Manufacturers

-

0

.34

%

Canoo

Inc

(d),(e)

5,825‌

12‌

Hyliion

Holdings

Corp

(d)

15,671‌

35‌

REV

Group

Inc

76,167‌

2,222‌

Wabash

National

Corp

145,689‌

3,131‌

$

5,400‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Automobile

Parts

&

Equipment

-

1

.07

%

Adient

PLC

(d)

125,844‌

$

3,241‌

Aeva

Technologies

Inc

(d)

2,234‌

8‌

American

Axle

&

Manufacturing

Holdings

Inc

(d)

12,099‌

90‌

Aurora

Innovation

Inc

(d)

40,724‌

163‌

Commercial

Vehicle

Group

Inc

(d)

3,227‌

18‌

Cooper-Standard

Holdings

Inc

(d)

1,892‌

28‌

Dana

Inc

13,745‌

175‌

Douglas

Dynamics

Inc

29,474‌

852‌

Fox

Factory

Holding

Corp

(d)

32,240‌

1,721‌

Goodyear

Tire

&

Rubber

Co/The

(d)

153,607‌

1,797‌

Holley

Inc

(d)

2,499‌

10‌

indie

Semiconductor

Inc

(d)

11,910‌

71‌

Luminar

Technologies

Inc

(d),(e)

4,274‌

7‌

Methode

Electronics

Inc

270,881‌

3,430‌

Miller

Industries

Inc/TN

22,886‌

1,555‌

Phinia

Inc

56,072‌

2,506‌

SES

AI

Corp

(d)

10,631‌

13‌

Shyft

Group

Inc/The

3,537‌

59‌

Solid

Power

Inc

(d)

16,910‌

32‌

Standard

Motor

Products

Inc

2,268‌

74‌

Titan

International

Inc

(d)

5,588‌

48‌

Visteon

Corp

(d)

11,700‌

1,352‌

$

17,250‌

Banks

-

13

.93

%

1st

Source

Corp

13,856‌

880‌

ACNB

Corp

947‌

39‌

Alerus

Financial

Corp

1,997‌

45‌

Amalgamated

Financial

Corp

1,874‌

60‌

Amerant

Bancorp

Inc

3,111‌

70‌

Ameris

Bancorp

6,922‌

422‌

Ames

National

Corp

862‌

19‌

Arrow

Financial

Corp

31,118‌

981‌

Associated

Banc-Corp

145,563‌

3,345‌

Atlantic

Union

Bankshares

Corp

9,411‌

389‌

BancFirst

Corp

1,835‌

197‌

Bancorp

Inc/The

(d)

250‌

13‌

Bank

First

Corp

1,022‌

95‌

Bank

of

Hawaii

Corp

4,104‌

282‌

Bank

of

Marin

Bancorp

96,712‌

1,964‌

Bank

of

NT

Butterfield

&

Son

Ltd/The

4,889‌

187‌

Bank7

Corp

352‌

15‌

BankUnited

Inc

84,645‌

3,260‌

Bankwell

Financial

Group

Inc

633‌

18‌

Banner

Corp

3,603‌

213‌

Bar

Harbor

Bankshares

1,578‌

50‌

BayCom

Corp

26,634‌

641‌

BCB

Bancorp

Inc

(e)

42,912‌

544‌

Blue

Foundry

Bancorp

(d)

2,033‌

23‌

BOK

Financial

Corp

8,100‌

833‌

Bridgewater

Bancshares

Inc

(d)

52,925‌

731‌

Burke

&

Herbert

Financial

Services

Corp

(e)

1,355‌

92‌

Business

First

Bancshares

Inc

2,530‌

64‌

Byline

Bancorp

Inc

3,268‌

92‌

Cadence

Bank

348,545‌

11,456‌

Camden

National

Corp

45,107‌

1,880‌

Capital

Bancorp

Inc

940‌

24‌

Capital

City

Bank

Group

Inc

1,547‌

55‌

Carter

Bankshares

Inc

(d)

9,748‌

159‌

Cathay

General

Bancorp

48,329‌

2,142‌

Central

Pacific

Financial

Corp

99,099‌

2,585‌

Chemung

Financial

Corp

329‌

16‌

ChoiceOne

Financial

Services

Inc

702‌

19‌

Citizens

&

Northern

Corp

(e)

1,698‌

34‌

Citizens

Financial

Services

Inc

414‌

22‌

City

Holding

Co

1,439‌

175‌

Civista

Bancshares

Inc

45,956‌

825‌

CNB

Financial

Corp/PA

30,633‌

786‌

Coastal

Financial

Corp/WA

(d)

62‌

3‌

Colony

Bankcorp

Inc

1,876‌

29‌

Schedule

of

Investments

SmallCap

Value

Fund

II

July

31,

2024

(unaudited)

See

accompanying

notes.

261

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Banks

(continued)

Columbia

Banking

System

Inc

67,800‌

$

1,774‌

Comerica

Inc

252,435‌

13,836‌

Community

Financial

System

Inc

5,497‌

339‌

Community

Trust

Bancorp

Inc

34,334‌

1,741‌

Community

West

Bancshares

1,897‌

39‌

ConnectOne

Bancorp

Inc

137,806‌

3,338‌

CrossFirst

Bankshares

Inc

(d)

107,370‌

1,990‌

Customers

Bancorp

Inc

(d)

3,108‌

200‌

CVB

Financial

Corp

13,946‌

266‌

Dime

Community

Bancshares

Inc

108,022‌

2,731‌

Eagle

Bancorp

Inc

156,199‌

3,362‌

Eastern

Bankshares

Inc

62,705‌

1,043‌

Enterprise

Bancorp

Inc/MA

(e)

1,055‌

31‌

Enterprise

Financial

Services

Corp

38,186‌

2,018‌

Equity

Bancshares

Inc

1,521‌

62‌

Esquire

Financial

Holdings

Inc

85‌

5‌

Farmers

&

Merchants

Bancorp

Inc/Archbold

OH

(e)

1,415‌

39‌

Farmers

National

Banc

Corp

3,838‌

60‌

FB

Financial

Corp

19,507‌

911‌

Fidelity

D&D

Bancorp

Inc

(e)

466‌

24‌

Financial

Institutions

Inc

40,522‌

1,067‌

First

Bancorp

Inc/The

(e)

1,206‌

34‌

First

BanCorp/Puerto

Rico

15,961‌

342‌

First

Bancorp/Southern

Pines

NC

4,206‌

176‌

First

Bancshares

Inc/The

3,226‌

108‌

First

Bank/Hamilton

NJ

2,357‌

36‌

First

Busey

Corp

30,503‌

837‌

First

Business

Financial

Services

Inc

15,253‌

702‌

First

Commonwealth

Financial

Corp

10,645‌

192‌

First

Community

Bankshares

Inc

1,794‌

80‌

First

Financial

Bancorp

9,936‌

272‌

First

Financial

Corp/IN

56,454‌

2,538‌

First

Foundation

Inc

283,870‌

1,987‌

First

Hawaiian

Inc

131,707‌

3,298‌

First

Internet

Bancorp

44,902‌

1,664‌

First

Interstate

BancSystem

Inc

55,045‌

1,738‌

First

Merchants

Corp

23,027‌

929‌

First

Mid

Bancshares

Inc

20,698‌

795‌

First

of

Long

Island

Corp/The

138,422‌

1,816‌

Five

Star

Bancorp

1,824‌

54‌

Fulton

Financial

Corp

18,811‌

364‌

FVCBankcorp

Inc

(d),(e)

1,610‌

20‌

German

American

Bancorp

Inc

2,991‌

118‌

Glacier

Bancorp

Inc

11,990‌

536‌

Great

Southern

Bancorp

Inc

13,796‌

864‌

Guaranty

Bancshares

Inc/TX

893‌

31‌

Hancock

Whitney

Corp

9,128‌

500‌

Hanmi

Financial

Corp

150,482‌

3,069‌

HarborOne

Bancorp

Inc

4,137‌

55‌

HBT

Financial

Inc

1,403‌

32‌

Heartland

Financial

USA

Inc

4,454‌

243‌

Heritage

Commerce

Corp

144,766‌

1,498‌

Heritage

Financial

Corp/WA

79,498‌

1,842‌

Hilltop

Holdings

Inc

94,697‌

3,125‌

Home

BancShares

Inc/AR

19,842‌

562‌

HomeStreet

Inc

16,138‌

233‌

Hope

Bancorp

Inc

258,413‌

3,401‌

Horizon

Bancorp

Inc/IN

165,653‌

2,646‌

Independent

Bank

Corp

16,087‌

1,032‌

Independent

Bank

Corp/MI

52,589‌

1,824‌

Independent

Bank

Group

Inc

19,905‌

1,176‌

International

Bancshares

Corp

5,683‌

383‌

Investar

Holding

Corp

39,406‌

729‌

John

Marshall

Bancorp

Inc

1,419‌

27‌

Kearny

Financial

Corp/MD

242,956‌

1,749‌

Lakeland

Financial

Corp

2,449‌

168‌

LCNB

Corp

(e)

1,185‌

18‌

LINKBANCORP

Inc

2,170‌

16‌

Live

Oak

Bancshares

Inc

40,047‌

1,808‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Banks

(continued)

Mercantile

Bank

Corp

20,047‌

$

970‌

Merchants

Bancorp/IN

51,991‌

2,340‌

Metrocity

Bankshares

Inc

(e)

1,796‌

57‌

Metropolitan

Bank

Holding

Corp

(d)

1,100‌

58‌

Mid

Penn

Bancorp

Inc

5,177‌

154‌

Middlefield

Banc

Corp

(e)

718‌

19‌

Midland

States

Bancorp

Inc

13,902‌

330‌

MidWestOne

Financial

Group

Inc

24,324‌

713‌

MVB

Financial

Corp

1,211‌

28‌

National

Bank

Holdings

Corp

3,876‌

162‌

National

Bankshares

Inc

(e)

563‌

18‌

NB

Bancorp

Inc

(d),(e)

76,789‌

1,468‌

NBT

Bancorp

Inc

4,838‌

237‌

Nicolet

Bankshares

Inc

1,069‌

108‌

Northeast

Bank

10,834‌

787‌

Northeast

Community

Bancorp

Inc

40,614‌

925‌

Northrim

BanCorp

Inc

26,640‌

1,822‌

Norwood

Financial

Corp

(e)

731‌

22‌

Oak

Valley

Bancorp

676‌

19‌

OFG

Bancorp

4,886‌

222‌

Old

National

Bancorp/IN

33,138‌

663‌

Old

Second

Bancorp

Inc

4,577‌

77‌

Orange

County

Bancorp

Inc

583‌

36‌

Origin

Bancorp

Inc

3,081‌

106‌

Orrstown

Financial

Services

Inc

1,920‌

68‌

Park

National

Corp

1,533‌

271‌

Parke

Bancorp

Inc

27,650‌

541‌

Pathward

Financial

Inc

1,922‌

130‌

PCB

Bancorp

32,595‌

628‌

Peapack-Gladstone

Financial

Corp

66,936‌

1,892‌

Peoples

Bancorp

Inc/OH

3,631‌

121‌

Peoples

Bancorp

of

North

Carolina

Inc

445‌

14‌

Peoples

Financial

Services

Corp

793‌

39‌

Pioneer

Bancorp

Inc/NY

(d)

1,161‌

13‌

Plumas

Bancorp

537‌

23‌

Ponce

Financial

Group

Inc

(d)

1,895‌

19‌

Popular

Inc

4,400‌

452‌

Preferred

Bank/Los

Angeles

CA

30,094‌

2,590‌

Premier

Financial

Corp

101,511‌

2,572‌

Primis

Financial

Corp

65,485‌

864‌

Princeton

Bancorp

Inc

486‌

19‌

Prosperity

Bancshares

Inc

146,665‌

10,636‌

Provident

Bancorp

Inc

(d),(e)

1,536‌

17‌

QCR

Holdings

Inc

1,712‌

131‌

RBB

Bancorp

43,141‌

995‌

Red

River

Bancshares

Inc

543‌

30‌

Renasant

Corp

5,819‌

200‌

Republic

Bancorp

Inc/KY

854‌

56‌

S&T

Bancorp

Inc

4,003‌

178‌

Sandy

Spring

Bancorp

Inc

115,616‌

3,541‌

Seacoast

Banking

Corp

of

Florida

8,887‌

247‌

ServisFirst

Bancshares

Inc

3,818‌

306‌

Shore

Bancshares

Inc

66,345‌

963‌

Sierra

Bancorp

30,604‌

891‌

Simmons

First

National

Corp

167,763‌

3,612‌

SmartFinancial

Inc

1,725‌

49‌

South

Plains

Financial

Inc

8,324‌

270‌

Southern

California

Bancorp

(d),(e)

2,565‌

41‌

Southern

First

Bancshares

Inc

(d)

21,007‌

727‌

Southern

States

Bancshares

Inc

941‌

31‌

Southside

Bancshares

Inc

3,015‌

106‌

SouthState

Corp

8,043‌

796‌

Stellar

Bancorp

Inc

5,164‌

142‌

Sterling

Bancorp

Inc/MI

(d)

2,173‌

13‌

Stock

Yards

Bancorp

Inc

2,686‌

167‌

Texas

Capital

Bancshares

Inc

(d)

14,473‌

957‌

Third

Coast

Bancshares

Inc

(d)

1,266‌

30‌

Tompkins

Financial

Corp

25,352‌

1,596‌

Towne

Bank/Portsmouth

VA

28,193‌

937‌

Schedule

of

Investments

SmallCap

Value

Fund

II

July

31,

2024

(unaudited)

See

accompanying

notes.

262

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Banks

(continued)

TriCo

Bancshares

3,357‌

$

156‌

Triumph

Financial

Inc

(d)

186‌

17‌

TrustCo

Bank

Corp

NY

74,677‌

2,659‌

Trustmark

Corp

6,399‌

222‌

UMB

Financial

Corp

4,741‌

484‌

United

Bankshares

Inc/WV

258,908‌

10,079‌

United

Community

Banks

Inc/GA

12,590‌

390‌

Unity

Bancorp

Inc

820‌

28‌

Univest

Financial

Corp

98,636‌

2,727‌

USCB

Financial

Holdings

Inc

(e)

743‌

12‌

Valley

National

Bancorp

409,956‌

3,444‌

Veritex

Holdings

Inc

115,519‌

2,896‌

Virginia

National

Bankshares

Corp

450‌

18‌

Walker

&

Dunlop

Inc

943‌

101‌

Washington

Trust

Bancorp

Inc

79,273‌

2,538‌

WesBanco

Inc

6,053‌

193‌

West

BanCorp

Inc

1,805‌

37‌

Westamerica

BanCorp

2,693‌

145‌

Western

Alliance

Bancorp

221,955‌

17,859‌

Zions

Bancorp

NA

278,425‌

14,386‌

$

223,970‌

Beverages

-

1

.05

%

BRC

Inc

(d)

307‌

2‌

Coca-Cola

Consolidated

Inc

11,173‌

12,803‌

Duckhorn

Portfolio

Inc/The

(d)

310,412‌

2,254‌

MGP

Ingredients

Inc

18,400‌

1,500‌

Primo

Water

Corp

14,590‌

320‌

$

16,879‌

Biotechnology

-

0

.44

%

2seventy

bio

Inc

(d)

4,656‌

22‌

4D

Molecular

Therapeutics

Inc

(d)

1,965‌

35‌

89bio

Inc

(d)

8,525‌

78‌

Absci

Corp

(d),(e)

2,090‌

9‌

Achieve

Life

Sciences

Inc

(d),(e)

1,330‌

7‌

Acrivon

Therapeutics

Inc

(d)

1,208‌

10‌

Acumen

Pharmaceuticals

Inc

(d)

4,112‌

14‌

ADC

Therapeutics

SA

(d)

2,704‌

9‌

Adverum

Biotechnologies

Inc

(d)

2,040‌

15‌

Agenus

Inc

(d),(e)

1,971‌

12‌

Akero

Therapeutics

Inc

(d)

5,930‌

159‌

Aldeyra

Therapeutics

Inc

(d)

4,385‌

17‌

Allogene

Therapeutics

Inc

(d)

11,694‌

34‌

Altimmune

Inc

(d)

3,613‌

23‌

Alto

Neuroscience

Inc

(d),(e)

343‌

4‌

Anavex

Life

Sciences

Corp

(d),(e)

5,962‌

41‌

ANI

Pharmaceuticals

Inc

(d)

12,028‌

791‌

Annexon

Inc

(d)

9,364‌

60‌

Applied

Therapeutics

Inc

(d)

3,713‌

22‌

Arbutus

Biopharma

Corp

(d)

890‌

3‌

Arcturus

Therapeutics

Holdings

Inc

(d)

246‌

6‌

ArriVent

Biopharma

Inc

(d)

381‌

8‌

Astria

Therapeutics

Inc

(d)

692‌

8‌

Atea

Pharmaceuticals

Inc

(d)

8,583‌

33‌

Atossa

Therapeutics

Inc

(d)

10,269‌

14‌

Aura

Biosciences

Inc

(d)

5,164‌

53‌

Aurinia

Pharmaceuticals

Inc

(d)

4,286‌

25‌

Avid

Bioservices

Inc

(d)

348‌

4‌

Beam

Therapeutics

Inc

(d)

8,042‌

254‌

Black

Diamond

Therapeutics

Inc

(d)

1,173‌

7‌

Bluebird

Bio

Inc

(d)

18,790‌

22‌

Boundless

Bio

Inc

(d)

300‌

1‌

Bridgebio

Pharma

Inc

(d)

5,570‌

145‌

C4

Therapeutics

Inc

(d)

6,523‌

44‌

Cabaletta

Bio

Inc

(d)

3,718‌

26‌

Capricor

Therapeutics

Inc

(d)

379‌

2‌

Cardiff

Oncology

Inc

(d)

2,366‌

6‌

Cargo

Therapeutics

Inc

(d),(e)

1,979‌

34‌

Caribou

Biosciences

Inc

(d)

8,397‌

19‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Biotechnology

(continued)

Cartesian

Therapeutics

Inc

-

Contingent

Value

Rights

(d),(f)

12,004‌

$

2‌

Celcuity

Inc

(d)

139‌

3‌

Celldex

Therapeutics

Inc

(d)

1,242‌

47‌

Century

Therapeutics

Inc

(d)

4,497‌

10‌

CG

oncology

Inc

(d),(e)

1,036‌

35‌

Chinook

Therapeutics

Inc

-

Contingent

Value

Rights

(d),(f)

4,587‌

2‌

Cibus

Inc

(d),(e)

1,467‌

15‌

Cogent

Biosciences

Inc

(d)

631‌

6‌

Compass

Therapeutics

Inc

(d)

10,000‌

10‌

Conduit

Pharmaceuticals

Inc

(d)

1,399‌

—‌

Contineum

Therapeutics

Inc

(d)

268‌

5‌

Cullinan

Therapeutics

Inc

(d)

426‌

8‌

Cytek

Biosciences

Inc

(d)

12,775‌

86‌

Cytokinetics

Inc

(d)

10,661‌

629‌

Day

One

Biopharmaceuticals

Inc

(d)

545‌

8‌

Denali

Therapeutics

Inc

(d)

5,579‌

136‌

Design

Therapeutics

Inc

(d)

3,270‌

17‌

Dianthus

Therapeutics

Inc

(d),(e)

2,320‌

69‌

Disc

Medicine

Inc

(d)

1,529‌

66‌

Dynavax

Technologies

Corp

(d)

2,926‌

33‌

Editas

Medicine

Inc

(d)

8,939‌

48‌

Elevation

Oncology

Inc

(d)

2,010‌

5‌

Eliem

Therapeutics

Inc

(d)

672‌

6‌

Entrada

Therapeutics

Inc

(d)

2,757‌

45‌

Erasca

Inc

(d)

12,538‌

39‌

Esperion

Therapeutics

Inc

(d)

15,287‌

35‌

EyePoint

Pharmaceuticals

Inc

(d)

3,030‌

30‌

Fate

Therapeutics

Inc

(d)

11,128‌

59‌

Generation

Bio

Co

(d),(e)

4,851‌

16‌

Geron

Corp

(d)

18,427‌

87‌

Harvard

Bioscience

Inc

(d)

2,961‌

9‌

HilleVax

Inc

(d)

2,469‌

5‌

IGM

Biosciences

Inc

(d),(e)

196‌

2‌

ImmunityBio

Inc

(d),(e)

3,539‌

18‌

Inhibrx

Biosciences

Inc

(d)

427‌

6‌

Innoviva

Inc

(d)

5,342‌

101‌

Inovio

Pharmaceuticals

Inc

(d),(e)

2,836‌

30‌

Inozyme

Pharma

Inc

(d),(e)

5,753‌

33‌

Intellia

Therapeutics

Inc

(d)

10,137‌

266‌

Invivyd

Inc

(d)

7,776‌

10‌

iTeos

Therapeutics

Inc

(d)

2,898‌

51‌

Kodiak

Sciences

Inc

(d)

3,038‌

9‌

Korro

Bio

Inc

(d)

437‌

20‌

Kyverna

Therapeutics

Inc

(d),(e)

651‌

6‌

LENZ

Therapeutics

Inc

(e)

1,411‌

35‌

Lexeo

Therapeutics

Inc

(d),(e)

86‌

1‌

Lexicon

Pharmaceuticals

Inc

(d)

7,025‌

16‌

Ligand

Pharmaceuticals

Inc

(d)

1,807‌

197‌

Lyra

Therapeutics

Inc

(d)

5,004‌

2‌

MacroGenics

Inc

(d)

917‌

3‌

MeiraGTx

Holdings

plc

(d)

1,250‌

7‌

Mersana

Therapeutics

Inc

(d)

5,305‌

11‌

Metagenomi

Inc

(d)

349‌

1‌

Mineralys

Therapeutics

Inc

(d),(e)

2,500‌

31‌

Monte

Rosa

Therapeutics

Inc

(d)

3,106‌

14‌

Myriad

Genetics

Inc

(d)

9,408‌

263‌

Nektar

Therapeutics

(d)

19,843‌

27‌

NeoGenomics

Inc

(d)

12,348‌

219‌

Nkarta

Inc

(d)

5,889‌

38‌

Novavax

Inc

(d)

3,559‌

46‌

Nurix

Therapeutics

Inc

(d)

2,100‌

46‌

Nuvation

Bio

Inc

(d)

18,883‌

72‌

Olema

Pharmaceuticals

Inc

(d)

3,300‌

53‌

Omeros

Corp

(d),(e)

3,376‌

18‌

OmniAb

Operations

Inc

(d)

476‌

—‌

OmniAb

Operations

Inc

(d)

476‌

—‌

Organogenesis

Holdings

Inc

(d)

6,226‌

19‌

Schedule

of

Investments

SmallCap

Value

Fund

II

July

31,

2024

(unaudited)

See

accompanying

notes.

263

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Biotechnology

(continued)

PepGen

Inc

(d)

175‌

$

2‌

Perspective

Therapeutics

Inc

(d)

858‌

12‌

Phathom

Pharmaceuticals

Inc

(d)

2,986‌

35‌

Pliant

Therapeutics

Inc

(d)

5,990‌

86‌

Poseida

Therapeutics

Inc

(d)

4,815‌

17‌

Precigen

Inc

(d)

10,831‌

16‌

Prelude

Therapeutics

Inc

(d)

1,486‌

9‌

ProKidney

Corp

(d),(e)

1,330‌

3‌

Prothena

Corp

PLC

(d)

1,979‌

46‌

PTC

Therapeutics

Inc

(d)

1,914‌

65‌

Puma

Biotechnology

Inc

(d)

2,630‌

9‌

Pyxis

Oncology

Inc

(d)

4,788‌

19‌

Q32

Bio

Inc

(d),(e)

590‌

22‌

RAPT

Therapeutics

Inc

(d),(e)

2,941‌

9‌

REGENXBIO

Inc

(d)

4,839‌

69‌

Relay

Therapeutics

Inc

(d)

10,467‌

86‌

Renovaro

Inc

(d)

1,750‌

1‌

Replimune

Group

Inc

(d)

5,288‌

53‌

REVOLUTION

Medicines

Inc

(d)

5,574‌

254‌

Rigel

Pharmaceuticals

Inc

(d)

330‌

3‌

Sage

Therapeutics

Inc

(d)

5,660‌

62‌

Savara

Inc

(d)

1,883‌

9‌

Scholar

Rock

Holding

Corp

(d)

673‌

6‌

Scilex

Holding

Co

(d)

3,201‌

5‌

Shattuck

Labs

Inc

(d)

1,265‌

5‌

Solid

Biosciences

Inc

(d),(e)

1,997‌

18‌

Sutro

Biopharma

Inc

(d),(e)

9,103‌

36‌

Tenaya

Therapeutics

Inc

(d),(e)

3,917‌

14‌

Terns

Pharmaceuticals

Inc

(d)

6,066‌

47‌

Tevogen

Bio

Holdings

Inc

(d)

1,901‌

1‌

Theravance

Biopharma

Inc

(d)

4,094‌

41‌

Third

Harmonic

Bio

Inc

(d)

2,120‌

26‌

Tourmaline

Bio

Inc

2,578‌

44‌

Travere

Therapeutics

Inc

(d)

7,750‌

74‌

TScan

Therapeutics

Inc

(d)

1,309‌

9‌

UroGen

Pharma

Ltd

(d)

760‌

13‌

Ventyx

Biosciences

Inc

(d)

5,958‌

14‌

Veracyte

Inc

(d)

8,083‌

194‌

Veru

Inc

(d),(e)

3,355‌

3‌

Verve

Therapeutics

Inc

(d)

7,901‌

55‌

Vir

Biotechnology

Inc

(d)

9,421‌

96‌

Viridian

Therapeutics

Inc

(d)

1,863‌

31‌

WaVe

Life

Sciences

Ltd

(d)

1,094‌

7‌

Werewolf

Therapeutics

Inc

(d)

2,241‌

5‌

XBiotech

Inc

(d),(e)

1,813‌

14‌

Xencor

Inc

(d)

3,374‌

69‌

XOMA

Royalty

Corp

(d)

296‌

8‌

Zentalis

Pharmaceuticals

Inc

(d)

6,359‌

25‌

Zevra

Therapeutics

Inc

(d),(e)

1,948‌

13‌

Zymeworks

Inc

(d)

5,875‌

61‌

$

7,139‌

Building

Materials

-

1

.49

%

AAON

Inc

114,105‌

10,102‌

American

Woodmark

Corp

(d)

13,958‌

1,426‌

Apogee

Enterprises

Inc

11,057‌

759‌

Armstrong

World

Industries

Inc

17,300‌

2,273‌

Aspen

Aerogels

Inc

(d)

4,778‌

97‌

Boise

Cascade

Co

2,197‌

312‌

Caesarstone

Ltd

(d)

2,029‌

13‌

Gibraltar

Industries

Inc

(d)

1,675‌

124‌

JELD-WEN

Holding

Inc

(d)

330,904‌

5,523‌

Knife

River

Corp

(d)

27,200‌

2,163‌

LSI

Industries

Inc

828‌

14‌

Masterbrand

Inc

(d)

13,336‌

241‌

SmartRent

Inc

(d)

20,325‌

37‌

Summit

Materials

Inc

(d)

12,746‌

533‌

UFP

Industries

Inc

2,787‌

368‌

$

23,985‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Chemicals

-

3

.96

%

AdvanSix

Inc

74,980‌

$

2,097‌

American

Vanguard

Corp

20,016‌

192‌

Arcadium

Lithium

PLC

(d)

114,147‌

363‌

Avient

Corp

9,502‌

430‌

Axalta

Coating

Systems

Ltd

(d)

301,350‌

10,743‌

Cabot

Corp

16,300‌

1,635‌

Chemours

Co/The

500,065‌

12,087‌

Codexis

Inc

(d)

6,096‌

22‌

Danimer

Scientific

Inc

-

Warrants

(d)

3,340‌

—‌

Ecovyst

Inc

(d)

301,648‌

2,878‌

Element

Solutions

Inc

857,340‌

23,105‌

HB

Fuller

Co

4,128‌

356‌

Huntsman

Corp

123,300‌

2,951‌

Ingevity

Corp

(d)

48,600‌

2,230‌

Innospec

Inc

12,102‌

1,587‌

Intrepid

Potash

Inc

(d)

1,230‌

32‌

Koppers

Holdings

Inc

2,142‌

87‌

Kronos

Worldwide

Inc

2,323‌

28‌

Mativ

Holdings

Inc

5,675‌

108‌

Minerals

Technologies

Inc

23,071‌

1,808‌

Oil-Dri

Corp

of

America

440‌

29‌

Perimeter

Solutions

SA

(d)

14,088‌

136‌

Rayonier

Advanced

Materials

Inc

(d)

7,120‌

47‌

Rogers

Corp

(d)

1,994‌

244‌

Sensient

Technologies

Corp

214‌

17‌

Stepan

Co

2,032‌

172‌

Tronox

Holdings

PLC

12,503‌

202‌

Valhi

Inc

229‌

5‌

$

63,591‌

Coal

-

0

.12

%

Arch

Resources

Inc

1,866‌

274‌

CONSOL

Energy

Inc

(d)

3,099‌

309‌

Hallador

Energy

Co

(d)

2,635‌

21‌

NACCO

Industries

Inc

393‌

12‌

Peabody

Energy

Corp

13,474‌

299‌

SunCoke

Energy

Inc

55,415‌

648‌

Warrior

Met

Coal

Inc

5,448‌

377‌

$

1,940‌

Commercial

Services

-

5

.49

%

Aaron's

Co

Inc/The

223,443‌

2,235‌

ABM

Industries

Inc

46,447‌

2,580‌

Acacia

Research

Corp

(d)

4,316‌

23‌

Adtalem

Global

Education

Inc

(d)

21,947‌

1,720‌

Alight

Inc

(d)

50,031‌

379‌

American

Public

Education

Inc

(d)

1,612‌

32‌

AMN

Healthcare

Services

Inc

(d)

175,835‌

11,890‌

Barrett

Business

Services

Inc

208‌

8‌

BrightView

Holdings

Inc

(d)

4,642‌

67‌

Brink's

Co/The

22,200‌

2,442‌

Carriage

Services

Inc

330‌

11‌

Cass

Information

Systems

Inc

6,674‌

286‌

Chegg

Inc

(d)

11,036‌

38‌

Cimpress

PLC

(d)

603‌

55‌

CompoSecure

Inc

(e)

101‌

1‌

CoreCivic

Inc

(d)

11,551‌

161‌

Cross

Country

Healthcare

Inc

(d)

3,494‌

64‌

Custom

Truck

One

Source

Inc

(d)

1,695‌

8‌

Deluxe

Corp

4,650‌

113‌

Distribution

Solutions

Group

Inc

(d)

116‌

4‌

DLH

Holdings

Corp

(d)

538‌

6‌

Emerald

Holding

Inc

(e)

135,659‌

769‌

Ennis

Inc

78,767‌

1,878‌

Euronet

Worldwide

Inc

(d)

29,200‌

2,978‌

European

Wax

Center

Inc

(d)

175‌

2‌

First

Advantage

Corp

2,297‌

39‌

Forrester

Research

Inc

(d)

16,144‌

326‌

GEO

Group

Inc/The

(d)

13,078‌

190‌

Graham

Holdings

Co

1,648‌

1,277‌

Green

Dot

Corp

(d)

5,588‌

53‌

Schedule

of

Investments

SmallCap

Value

Fund

II

July

31,

2024

(unaudited)

See

accompanying

notes.

264

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Commercial

Services

(continued)

Hackett

Group

Inc/The

25,258‌

$

689‌

Healthcare

Services

Group

Inc

(d)

152,741‌

1,745‌

Heidrick

&

Struggles

International

Inc

64,310‌

2,582‌

Hertz

Global

Holdings

Inc

(d),(e)

12,912‌

53‌

HireQuest

Inc

109‌

1‌

Huron

Consulting

Group

Inc

(d)

12,900‌

1,419‌

I3

Verticals

Inc

(d)

2,227‌

55‌

Information

Services

Group

Inc

3,453‌

12‌

Insperity

Inc

21,800‌

2,239‌

John

Wiley

&

Sons

Inc

1,797‌

86‌

Kelly

Services

Inc

3,252‌

76‌

Kforce

Inc

176,075‌

12,232‌

Korn

Ferry

48,021‌

3,540‌

Laureate

Education

Inc

86,590‌

1,342‌

Lifecore

Biomedical

Inc

(d)

2,089‌

13‌

Lincoln

Educational

Services

Corp

(d)

2,915‌

41‌

ManpowerGroup

Inc

38,300‌

2,933‌

MarketWise

Inc

4,051‌

5‌

Marqeta

Inc

(d)

7,054‌

38‌

Matthews

International

Corp

3,119‌

90‌

Medifast

Inc

74,212‌

1,628‌

Mister

Car

Wash

Inc

(d)

1,229‌

9‌

Monro

Inc

3,135‌

97‌

National

Research

Corp

25,700‌

655‌

Payoneer

Global

Inc

(d)

141,496‌

782‌

Paysafe

Ltd

(d)

3,381‌

71‌

Perdoceo

Education

Corp

6,890‌

171‌

Performant

Financial

Corp

(d)

1,798‌

7‌

PROG

Holdings

Inc

3,721‌

168‌

Quad/Graphics

Inc

1,122‌

5‌

Repay

Holdings

Corp

(d)

9,522‌

92‌

Resources

Connection

Inc

175,334‌

2,092‌

Sezzle

Inc

(d)

25‌

2‌

SoundThinking

Inc

(d)

113‌

2‌

Sterling

Check

Corp

(d)

1,492‌

23‌

StoneCo

Ltd

(d)

14,462‌

190‌

Strategic

Education

Inc

2,354‌

248‌

Stride

Inc

(d)

139,930‌

10,632‌

TrueBlue

Inc

(d)

244,819‌

2,926‌

Upbound

Group

Inc

3,200‌

121‌

Valvoline

Inc

(d)

198,555‌

9,233‌

Verra

Mobility

Corp

(d)

9,200‌

277‌

Willdan

Group

Inc

(d)

1,328‌

45‌

$

88,302‌

Computers

-

1

.86

%

3D

Systems

Corp

(d)

13,446‌

49‌

ASGN

Inc

(d)

34,209‌

3,238‌

Cantaloupe

Inc

(d)

293‌

2‌

Conduent

Inc

(d)

16,978‌

69‌

Corsair

Gaming

Inc

(d)

3,920‌

32‌

Crane

NXT

Co

42,100‌

2,647‌

Cricut

Inc

(e)

857‌

5‌

Diebold

Nixdorf

Inc

(d)

2,650‌

115‌

D-Wave

Quantum

Inc

(d)

3,925‌

4‌

DXC

Technology

Co

(d)

105,700‌

2,150‌

Everspin

Technologies

Inc

(d)

313‌

2‌

Grid

Dynamics

Holdings

Inc

(d)

1,355‌

17‌

Insight

Enterprises

Inc

(d)

61,740‌

13,861‌

Integral

Ad

Science

Holding

Corp

(d)

6,710‌

68‌

Maximus

Inc

32,700‌

3,038‌

NCR

Atleos

Corp

(d)

45,650‌

1,468‌

NCR

Voyix

Corp

(d)

1,326‌

20‌

NetScout

Systems

Inc

(d)

7,277‌

148‌

OneSpan

Inc

(d)

319‌

5‌

PAR

Technology

Corp

(d)

193‌

10‌

Rekor

Systems

Inc

(d)

838‌

2‌

Rigetti

Computing

Inc

(d)

13,871‌

14‌

Rimini

Street

Inc

(d)

4,473‌

10‌

Telos

Corp

(d)

6,262‌

27‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Computers

(continued)

Thoughtworks

Holding

Inc

(d)

11,124‌

$

39‌

TTEC

Holdings

Inc

95,018‌

758‌

Unisys

Corp

(d)

7,227‌

34‌

V2X

Inc

(d)

38,588‌

2,012‌

$

29,844‌

Consumer

Products

-

0

.29

%

ACCO

Brands

Corp

9,834‌

50‌

Central

Garden

&

Pet

Co

(d),(e)

33,600‌

1,339‌

Central

Garden

&

Pet

Co

-

A

Shares

(d)

4,529‌

155‌

Helen

of

Troy

Ltd

(d)

50,820‌

3,004‌

Quanex

Building

Products

Corp

4,668‌

156‌

$

4,704‌

Cosmetics

&

Personal

Care

-

0

.70

%

Coty

Inc

(d)

699,625‌

6,961‌

Edgewell

Personal

Care

Co

78,070‌

3,057‌

Honest

Co

Inc/The

(d)

4,633‌

17‌

Inter

Parfums

Inc

5,400‌

760‌

Olaplex

Holdings

Inc

(d)

15,419‌

32‌

Prestige

Consumer

Healthcare

Inc

(d)

5,206‌

369‌

Waldencast

plc

(d)

2,607‌

8‌

$

11,204‌

Distribution

&

Wholesale

-

2

.30

%

A-Mark

Precious

Metals

Inc

1,835‌

71‌

Core

&

Main

Inc

(d)

194,645‌

10,408‌

EVI

Industries

Inc

82‌

2‌

G-III

Apparel

Group

Ltd

(d)

80,947‌

2,232‌

Global

Industrial

Co

28,761‌

1,003‌

H&E

Equipment

Services

Inc

253‌

13‌

Hudson

Technologies

Inc

(d)

4,259‌

36‌

MRC

Global

Inc

(d)

42,766‌

619‌

OPENLANE

Inc

(d)

11,301‌

202‌

Resideo

Technologies

Inc

(d)

146,076‌

3,318‌

Rush

Enterprises

Inc

-

Class

A

283,630‌

14,468‌

Rush

Enterprises

Inc

-

Class

B

995‌

47‌

ScanSource

Inc

(d)

47,902‌

2,493‌

ThredUp

Inc

(d)

5,657‌

12‌

Titan

Machinery

Inc

(d)

111,042‌

1,980‌

VSE

Corp

1,199‌

107‌

$

37,011‌

Diversified

Financial

Services

-

3

.31

%

AlTi

Global

Inc

(d),(e)

3,306‌

16‌

Artisan

Partners

Asset

Management

Inc

251,960‌

11,127‌

AssetMark

Financial

Holdings

Inc

(d)

1,105‌

38‌

Atlanticus

Holdings

Corp

(d)

512‌

18‌

BGC

Group

Inc

38,922‌

358‌

Bread

Financial

Holdings

Inc

60,326‌

3,292‌

Brookfield

Business

Corp

2,723‌

61‌

Burford

Capital

Ltd

21,097‌

298‌

Columbia

Financial

Inc

(d)

2,877‌

52‌

Consumer

Portfolio

Services

Inc

(d),(e)

799‌

8‌

Diamond

Hill

Investment

Group

Inc

10,241‌

1,631‌

Enact

Holdings

Inc

96,570‌

3,286‌

Encore

Capital

Group

Inc

(d)

2,456‌

124‌

Enova

International

Inc

(d)

2,747‌

238‌

Evercore

Inc

-

Class

A

35,785‌

8,960‌

Federal

Agricultural

Mortgage

Corp

121‌

25‌

Federated

Hermes

Inc

81,800‌

2,808‌

First

Western

Financial

Inc

(d)

562‌

10‌

Forge

Global

Holdings

Inc

(d)

11,030‌

16‌

GCM

Grosvenor

Inc

480‌

5‌

International

Money

Express

Inc

(d)

11,400‌

253‌

LendingClub

Corp

(d)

11,498‌

144‌

LendingTree

Inc

(d)

70‌

4‌

Medallion

Financial

Corp

1,835‌

15‌

Mr

Cooper

Group

Inc

(d)

9,053‌

813‌

Navient

Corp

185,087‌

3,037‌

Nelnet

Inc

1,540‌

174‌

Onity

Group

Inc

(d)

646‌

19‌

Pagseguro

Digital

Ltd

(d)

9,464‌

121‌

Schedule

of

Investments

SmallCap

Value

Fund

II

July

31,

2024

(unaudited)

See

accompanying

notes.

265

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Diversified

Financial

Services

(continued)

PennyMac

Financial

Services

Inc

1,282‌

$

126‌

Perella

Weinberg

Partners

97,900‌

1,850‌

PRA

Group

Inc

(d)

4,070‌

108‌

Radian

Group

Inc

95,953‌

3,560‌

Regional

Management

Corp

686‌

22‌

Silvercrest

Asset

Management

Group

Inc

932‌

17‌

SLM

Corp

97,300‌

2,208‌

StoneX

Group

Inc

(d)

2,590‌

216‌

SWK

Holdings

Corp

(d)

344‌

6‌

Velocity

Financial

Inc

(d),(e)

847‌

16‌

Virtu

Financial

Inc

105,000‌

2,869‌

Virtus

Investment

Partners

Inc

11,416‌

2,580‌

Western

Union

Co/The

227,300‌

2,703‌

World

Acceptance

Corp

(d)

29‌

4‌

$

53,236‌

Electric

-

2

.25

%

ALLETE

Inc

48,527‌

3,130‌

Altus

Power

Inc

(d)

8,438‌

35‌

Ameresco

Inc

(d)

2,249‌

71‌

Avista

Corp

92,308‌

3,617‌

Black

Hills

Corp

57,214‌

3,379‌

Genie

Energy

Ltd

705‌

12‌

Hawaiian

Electric

Industries

Inc

11,701‌

194‌

MGE

Energy

Inc

12,683‌

1,114‌

Northwestern

Energy

Group

Inc

64,382‌

3,462‌

Ormat

Technologies

Inc

5,674‌

441‌

Otter

Tail

Corp

33,925‌

3,288‌

PNM

Resources

Inc

79,413‌

3,302‌

Portland

General

Electric

Co

289,646‌

13,723‌

Unitil

Corp

7,368‌

451‌

$

36,219‌

Electrical

Components

&

Equipment

-

0

.41

%

Belden

Inc

31,906‌

2,957‌

ChargePoint

Holdings

Inc

(d),(e)

19,196‌

42‌

Energizer

Holdings

Inc

49,900‌

1,536‌

EnerSys

352‌

39‌

Insteel

Industries

Inc

56,357‌

1,931‌

nLight

Inc

(d)

4,459‌

54‌

Ultralife

Corp

(d)

866‌

10‌

$

6,569‌

Electronics

-

2

.30

%

Allient

Inc

1,542‌

45‌

Applied

Optoelectronics

Inc

(d)

4,122‌

39‌

Arrow

Electronics

Inc

(d)

23,600‌

2,919‌

Atkore

Inc

23,420‌

3,162‌

Atmus

Filtration

Technologies

Inc

88,100‌

2,717‌

Avnet

Inc

48,900‌

2,629‌

Bel

Fuse

Inc

-

A

Shares

(e)

171‌

16‌

Bel

Fuse

Inc

-

B

Shares

1,078‌

80‌

Benchmark

Electronics

Inc

9,647‌

461‌

CTS

Corp

663‌

32‌

ESCO

Technologies

Inc

1,406‌

173‌

FARO

Technologies

Inc

(d)

1,981‌

34‌

GoPro

Inc

(d)

11,715‌

18‌

Itron

Inc

(d)

25,181‌

2,605‌

Kimball

Electronics

Inc

(d)

71,769‌

1,701‌

Knowles

Corp

(d)

9,287‌

170‌

Mesa

Laboratories

Inc

337‌

38‌

MicroVision

Inc

(d),(e)

9,367‌

10‌

Mirion

Technologies

Inc

(d)

18,308‌

193‌

Napco

Security

Technologies

Inc

107,235‌

5,985‌

NEXTracker

Inc

(d)

3,131‌

154‌

NVE

Corp

1,100‌

98‌

OSI

Systems

Inc

(d)

9,491‌

1,404‌

Plexus

Corp

(d)

28,424‌

3,643‌

Sanmina

Corp

(d)

25,276‌

1,904‌

Standard

BioTools

Inc

(d)

24,694‌

55‌

Stoneridge

Inc

(d)

2,897‌

49‌

TTM

Technologies

Inc

(d)

132,125‌

2,561‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Electronics

(continued)

Turtle

Beach

Corp

(d)

689‌

$

10‌

Vicor

Corp

(d)

1,131‌

48‌

Vishay

Intertechnology

Inc

104,571‌

2,542‌

Vontier

Corp

36,300‌

1,424‌

$

36,919‌

Energy

-

Alternate

Sources

-

0

.18

%

Aemetis

Inc

(d)

3,552‌

11‌

Alto

Ingredients

Inc

(d)

476,800‌

758‌

Energy

Vault

Holdings

Inc

(d)

9,272‌

10‌

Freyr

Battery

Inc

(d),(e)

10,992‌

20‌

FuelCell

Energy

Inc

(d),(e)

48,199‌

24‌

FutureFuel

Corp

2,449‌

14‌

Green

Plains

Inc

(d)

6,700‌

119‌

Plug

Power

Inc

(d),(e)

61,075‌

151‌

REX

American

Resources

Corp

(d)

25,023‌

1,271‌

SolarMax

Technology

Inc

(d)

341‌

1‌

Stem

Inc

(d),(e)

14,885‌

18‌

Sunnova

Energy

International

Inc

(d),(e)

11,429‌

81‌

SunPower

Corp

(d),(e)

8,615‌

7‌

Sunrun

Inc

(d)

23,017‌

404‌

TPI

Composites

Inc

(d)

4,521‌

19‌

$

2,908‌

Engineering

&

Construction

-

0

.21

%

908

Devices

Inc

(d)

2,075‌

12‌

Arcosa

Inc

5,127‌

476‌

Concrete

Pumping

Holdings

Inc

(d)

114,433‌

764‌

Fluor

Corp

(d)

1,481‌

71‌

Granite

Construction

Inc

806‌

55‌

Great

Lakes

Dredge

&

Dock

Corp

(d)

6,936‌

65‌

Iteris

Inc

(d)

301‌

2‌

Latham

Group

Inc

(d)

3,640‌

13‌

Mistras

Group

Inc

(d)

2,091‌

21‌

NV5

Global

Inc

(d)

1,243‌

128‌

Orion

Group

Holdings

Inc

(d)

2,905‌

24‌

Primoris

Services

Corp

481‌

27‌

Southland

Holdings

Inc

(d)

987‌

4‌

Tutor

Perini

Corp

(d)

69,055‌

1,719‌

$

3,381‌

Entertainment

-

1

.81

%

Accel

Entertainment

Inc

(d)

185,300‌

2,261‌

AMC

Entertainment

Holdings

Inc

(d),(e)

29,293‌

155‌

Bally's

Corp

(d)

2,675‌

46‌

Cinemark

Holdings

Inc

(d)

2,396‌

56‌

Empire

Resorts

Inc

-

Escrow

(d),(f)

288‌

—‌

Everi

Holdings

Inc

(d)

233,225‌

3,002‌

Golden

Entertainment

Inc

2,115‌

71‌

International

Game

Technology

PLC

131,780‌

3,093‌

Lions

Gate

Entertainment

Corp

-

A

shares

(d),(e)

6,263‌

57‌

Lions

Gate

Entertainment

Corp

-

B

shares

(d)

12,810‌

106‌

Madison

Square

Garden

Entertainment

Corp

(d)

3,705‌

146‌

Marriott

Vacations

Worldwide

Corp

28,600‌

2,419‌

Monarch

Casino

&

Resort

Inc

30,100‌

2,356‌

RCI

Hospitality

Holdings

Inc

412‌

20‌

Red

Rock

Resorts

Inc

219,155‌

12,492‌

Reservoir

Media

Inc

(d),(e)

1,780‌

14‌

Six

Flags

Entertainment

Corp

1,150‌

55‌

United

Parks

&

Resorts

Inc

(d)

52,485‌

2,764‌

$

29,113‌

Environmental

Control

-

0

.01

%

Arq

Inc

(d)

2,140‌

14‌

Enviri

Corp

(d)

8,337‌

99‌

Pure

Cycle

Corp

(d)

2,035‌

22‌

PureCycle

Technologies

Inc

(d),(e)

10,534‌

81‌

$

216‌

Food

-

0

.53

%

B&G

Foods

Inc

132,376‌

1,142‌

Calavo

Growers

Inc

1,574‌

37‌

Cal-Maine

Foods

Inc

35,152‌

2,516‌

Hain

Celestial

Group

Inc/The

(d)

232,236‌

1,797‌

Schedule

of

Investments

SmallCap

Value

Fund

II

July

31,

2024

(unaudited)

See

accompanying

notes.

266

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Food

(continued)

HF

Foods

Group

Inc

(d)

3,772‌

$

15‌

Ingles

Markets

Inc

1,514‌

123‌

Mission

Produce

Inc

(d)

4,032‌

45‌

Nathan's

Famous

Inc

27‌

2‌

Natural

Grocers

by

Vitamin

Cottage

Inc

682‌

19‌

Seneca

Foods

Corp

-

Class

A

(d)

534‌

32‌

SpartanNash

Co

3,601‌

76‌

TreeHouse

Foods

Inc

(d)

5,148‌

207‌

United

Natural

Foods

Inc

(d)

6,178‌

96‌

Utz

Brands

Inc

2,311‌

34‌

Village

Super

Market

Inc

961‌

30‌

Weis

Markets

Inc

1,720‌

130‌

Whole

Earth

Brands

Inc

(d),(e)

3,187‌

16‌

WK

Kellogg

Co

126,800‌

2,232‌

$

8,549‌

Forest

Products

&

Paper

-

0

.18

%

Mercer

International

Inc

141,000‌

1,074‌

Sylvamo

Corp

25,188‌

1,857‌

$

2,931‌

Gas

-

0

.83

%

Brookfield

Infrastructure

Corp

12,630‌

491‌

Chesapeake

Utilities

Corp

2,344‌

277‌

New

Jersey

Resources

Corp

10,339‌

483‌

Northwest

Natural

Holding

Co

83,783‌

3,350‌

ONE

Gas

Inc

26,622‌

1,854‌

RGC

Resources

Inc

809‌

18‌

Southwest

Gas

Holdings

Inc

45,604‌

3,382‌

Spire

Inc

53,429‌

3,558‌

$

13,413‌

Hand

&

Machine

Tools

-

0

.59

%

Enerpac

Tool

Group

Corp

25,100‌

1,009‌

Franklin

Electric

Co

Inc

63,480‌

6,768‌

Kennametal

Inc

65,634‌

1,716‌

Luxfer

Holdings

PLC

2,990‌

39‌

$

9,532‌

Healthcare

-

Products

-

1

.97

%

Accuray

Inc

(d)

513‌

1‌

Adaptive

Biotechnologies

Corp

(d)

12,870‌

59‌

AngioDynamics

Inc

(d)

4,034‌

32‌

Artivion

Inc

(d)

1,071‌

29‌

AtriCure

Inc

(d)

1,845‌

40‌

Avanos

Medical

Inc

(d)

4,771‌

114‌

BioLife

Solutions

Inc

(d)

322‌

8‌

Bioventus

Inc

(d),(e)

2,355‌

17‌

CareDx

Inc

(d)

4,082‌

82‌

Castle

Biosciences

Inc

(d)

1,965‌

47‌

Embecta

Corp

5,508‌

86‌

Envista

Holdings

Corp

(d)

108,900‌

1,859‌

Fractyl

Health

Inc

(d)

303‌

1‌

Globus

Medical

Inc

(d)

193,580‌

13,930‌

ICU

Medical

Inc

(d)

2,274‌

289‌

Inmode

Ltd

(d)

143,609‌

2,602‌

Inogen

Inc

(d)

2,597‌

24‌

Integer

Holdings

Corp

(d)

1,066‌

127‌

Integra

LifeSciences

Holdings

Corp

(d)

7,207‌

179‌

LivaNova

PLC

(d)

5,388‌

266‌

MaxCyte

Inc

(d)

11,628‌

56‌

MiMedx

Group

Inc

(d)

6,571‌

49‌

Nautilus

Biotechnology

Inc

(d)

4,728‌

13‌

Neogen

Corp

(d)

22,974‌

391‌

Nevro

Corp

(d)

4,030‌

40‌

OmniAb

Inc

(d),(e)

9,062‌

43‌

Omnicell

Inc

(d)

4,795‌

140‌

OraSure

Technologies

Inc

(d)

8,303‌

37‌

Orchestra

BioMed

Holdings

Inc

(d),(e)

1,302‌

10‌

Orthofix

Medical

Inc

(d)

3,576‌

57‌

OrthoPediatrics

Corp

(d)

1,713‌

53‌

Pacific

Biosciences

of

California

Inc

(d),(e)

30,386‌

63‌

Patterson

Cos

Inc

47,202‌

1,192‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Healthcare

-

Products

(continued)

Quanterix

Corp

(d)

3,450‌

$

51‌

Quantum-Si

Inc

(d),(e)

10,213‌

11‌

SI-BONE

Inc

(d)

754‌

11‌

Stereotaxis

Inc

(d)

726‌

1‌

Surmodics

Inc

(d)

563‌

23‌

Tactile

Systems

Technology

Inc

(d)

2,642‌

34‌

TransMedics

Group

Inc

(d)

46,485‌

6,613‌

Utah

Medical

Products

Inc

21,693‌

1,509‌

Varex

Imaging

Corp

(d)

4,073‌

60‌

Zimvie

Inc

(d)

2,835‌

60‌

Zynex

Inc

(d),(e)

150,900‌

1,358‌

$

31,667‌

Healthcare

-

Services

-

1

.45

%

Acadia

Healthcare

Co

Inc

(d)

134,695‌

8,735‌

Accolade

Inc

(d)

4,836‌

20‌

Addus

HomeCare

Corp

(d)

1,019‌

124‌

Aveanna

Healthcare

Holdings

Inc

(d)

1,595‌

7‌

Brookdale

Senior

Living

Inc

(d)

3,056‌

24‌

Community

Health

Systems

Inc

(d)

5,627‌

30‌

DocGo

Inc

(d)

9,238‌

33‌

Enhabit

Inc

(d)

5,003‌

51‌

Fulgent

Genetics

Inc

(d)

2,227‌

53‌

GeneDx

Holdings

Corp

(d)

1,194‌

39‌

HealthEquity

Inc

(d)

139,575‌

10,954‌

Innovage

Holding

Corp

(d)

1,286‌

8‌

LifeStance

Health

Group

Inc

(d)

7,179‌

40‌

ModivCare

Inc

(d)

549‌

12‌

Nano-X

Imaging

Ltd

(d),(e)

278‌

2‌

National

HealthCare

Corp

1,331‌

181‌

OPKO

Health

Inc

(d),(e)

36,182‌

51‌

Pediatrix

Medical

Group

Inc

(d)

8,875‌

74‌

Quipt

Home

Medical

Corp

(d)

3,658‌

14‌

Select

Medical

Holdings

Corp

62,646‌

2,491‌

Sonida

Senior

Living

Inc

(d)

154‌

5‌

Surgery

Partners

Inc

(d)

8,079‌

245‌

Teladoc

Health

Inc

(d)

15,124‌

143‌

$

23,336‌

Home

Builders

-

2

.58

%

Beazer

Homes

USA

Inc

(d)

24,910‌

839‌

Century

Communities

Inc

16,850‌

1,764‌

Forestar

Group

Inc

(d)

1,758‌

56‌

Green

Brick

Partners

Inc

(d)

28,190‌

2,062‌

Hovnanian

Enterprises

Inc

(d)

507‌

106‌

Installed

Building

Products

Inc

52,355‌

14,154‌

KB

Home

31,902‌

2,746‌

Landsea

Homes

Corp

(d)

1,554‌

19‌

LGI

Homes

Inc

(d)

11,561‌

1,330‌

M/I

Homes

Inc

(d)

16,050‌

2,678‌

Meritage

Homes

Corp

3,799‌

771‌

Skyline

Champion

Corp

(d)

145,886‌

11,891‌

Taylor

Morrison

Home

Corp

(d)

10,924‌

733‌

Tri

Pointe

Homes

Inc

(d)

46,083‌

2,086‌

United

Homes

Group

Inc

(d)

211‌

1‌

Winnebago

Industries

Inc

2,999‌

187‌

$

41,423‌

Home

Furnishings

-

0

.18

%

Arhaus

Inc

729‌

11‌

Daktronics

Inc

(d)

3,366‌

50‌

Ethan

Allen

Interiors

Inc

2,395‌

74‌

Flexsteel

Industries

Inc

453‌

17‌

Hamilton

Beach

Brands

Holding

Co

836‌

16‌

Hooker

Furnishings

Corp

1,073‌

16‌

iRobot

Corp

(d),(e)

3,174‌

37‌

Leggett

&

Platt

Inc

110,500‌

1,455‌

Lovesac

Co/The

(d),(e)

655‌

18‌

MillerKnoll

Inc

34,729‌

1,078‌

Purple

Innovation

Inc

(d)

5,470‌

8‌

Sleep

Number

Corp

(d)

2,113‌

25‌

Sonos

Inc

(d)

1,232‌

17‌

Schedule

of

Investments

SmallCap

Value

Fund

II

July

31,

2024

(unaudited)

See

accompanying

notes.

267

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Home

Furnishings

(continued)

Traeger

Inc

(d)

3,544‌

$

9‌

Xperi

Inc

(d)

5,007‌

41‌

$

2,872‌

Housewares

-

0

.00

%

Lifetime

Brands

Inc

1,219‌

11‌

Insurance

-

4

.65

%

Ambac

Financial

Group

Inc

(d)

160,194‌

2,113‌

American

Coastal

Insurance

Corp

(d),(e)

1,342‌

16‌

AMERISAFE

Inc

1,132‌

54‌

Assured

Guaranty

Ltd

27,300‌

2,249‌

Axis

Capital

Holdings

Ltd

29,800‌

2,257‌

CNO

Financial

Group

Inc

117,472‌

4,095‌

Donegal

Group

Inc

1,774‌

26‌

Employers

Holdings

Inc

64,807‌

3,111‌

Enstar

Group

Ltd

(d)

3,555‌

1,154‌

Essent

Group

Ltd

59,782‌

3,757‌

F&G

Annuities

&

Life

Inc

35,842‌

1,545‌

Fidelis

Insurance

Holdings

Ltd

(e)

5,066‌

90‌

First

American

Financial

Corp

250,655‌

15,185‌

Genworth

Financial

Inc

(d)

45,912‌

311‌

GoHealth

Inc

(d)

511‌

7‌

Greenlight

Capital

Re

Ltd

(d)

3,081‌

43‌

Hamilton

Insurance

Group

Ltd

(d)

1,865‌

33‌

Hanover

Insurance

Group

Inc/The

21,700‌

2,984‌

Heritage

Insurance

Holdings

Inc

(d)

2,241‌

18‌

Hippo

Holdings

Inc

(d)

2,207‌

39‌

Horace

Mann

Educators

Corp

82,401‌

2,848‌

Investors

Title

Co

(e)

117‌

25‌

Jackson

Financial

Inc

8,060‌

710‌

James

River

Group

Holdings

Ltd

3,495‌

30‌

Kemper

Corp

47,400‌

3,036‌

Lemonade

Inc

(d),(e)

896‌

16‌

Lincoln

National

Corp

50,700‌

1,688‌

Maiden

Holdings

Ltd

(d)

9,096‌

19‌

MBIA

Inc

5,113‌

22‌

Mercury

General

Corp

26,361‌

1,578‌

MGIC

Investment

Corp

136,700‌

3,396‌

NI

Holdings

Inc

(d)

823‌

14‌

NMI

Holdings

Inc

(d)

82,030‌

3,228‌

ProAssurance

Corp

(d)

102,775‌

1,346‌

Roadzen

Inc

(d),(e)

1,384‌

2‌

Safety

Insurance

Group

Inc

11,434‌

978‌

Selective

Insurance

Group

Inc

104,570‌

9,445‌

Selectquote

Inc

(d)

14,435‌

59‌

SiriusPoint

Ltd

(d)

108,171‌

1,554‌

Skyward

Specialty

Insurance

Group

Inc

(d)

2,977‌

118‌

Stewart

Information

Services

Corp

35,439‌

2,506‌

Tiptree

Inc

2,166‌

43‌

United

Fire

Group

Inc

5,711‌

128‌

Universal

Insurance

Holdings

Inc

2,183‌

43‌

White

Mountains

Insurance

Group

Ltd

1,540‌

2,750‌

$

74,669‌

Internet

-

0

.30

%

1-800-Flowers.com

Inc

(d)

1,916‌

20‌

1stdibs.com

Inc

(d),(e)

1,943‌

9‌

aka

Brands

Holding

Corp

(d)

91‌

2‌

BARK

Inc

(d)

15,167‌

24‌

Beyond

Inc

(d)

4,795‌

54‌

Blade

Air

Mobility

Inc

(d)

5,972‌

20‌

Bumble

Inc

(d)

9,160‌

86‌

Cars.com

Inc

(d)

6,925‌

143‌

Despegar.com

Corp

(d)

5,564‌

65‌

Entravision

Communications

Corp

5,107‌

11‌

ePlus

Inc

(d)

26,727‌

2,456‌

Eventbrite

Inc

(d),(e)

695‌

3‌

Figs

Inc

(d)

12,924‌

84‌

fuboTV

Inc

(d)

29,829‌

44‌

Groupon

Inc

(d)

1,132‌

15‌

HealthStream

Inc

1,679‌

50‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Internet

(continued)

Innovid

Corp

(d)

9,255‌

$

20‌

Lands'

End

Inc

(d)

1,319‌

23‌

LifeMD

Inc

(d)

1,289‌

9‌

LiveOne

Inc

(d)

874‌

1‌

Magnite

Inc

(d)

1,358‌

20‌

Mondee

Holdings

Inc

(d)

677‌

2‌

Nextdoor

Holdings

Inc

(d)

18,351‌

52‌

Opendoor

Technologies

Inc

(d),(e)

61,982‌

144‌

Pagaya

Technologies

Ltd

(d)

4,243‌

63‌

RealReal

Inc/The

(d)

2,869‌

11‌

RumbleON

Inc

(d)

1,573‌

6‌

Shutterstock

Inc

25,221‌

1,115‌

Solo

Brands

Inc

(d)

1,599‌

4‌

Stitch

Fix

Inc

(d)

9,990‌

47‌

TrueCar

Inc

(d)

9,427‌

34‌

Vacasa

Inc

(d)

918‌

4‌

Ziff

Davis

Inc

(d)

4,780‌

229‌

$

4,870‌

Investment

Companies

-

0

.09

%

Bit

Digital

Inc

(d),(e)

12,999‌

50‌

Cannae

Holdings

Inc

5,925‌

119‌

Cipher

Mining

Inc

(d),(e)

6,281‌

33‌

Compass

Diversified

Holdings

7,007‌

169‌

Core

Scientific

Inc

(d)

4,271‌

42‌

FTAI

Infrastructure

Inc

10,598‌

109‌

HA

Sustainable

Infrastructure

Capital

Inc

11,834‌

388‌

Hut

8

Corp

(d)

8,436‌

123‌

Marathon

Digital

Holdings

Inc

(d)

5,203‌

102‌

NewtekOne

Inc

2,597‌

36‌

Riot

Platforms

Inc

(d),(e)

24,780‌

253‌

Terawulf

Inc

(d)

1,490‌

6‌

$

1,430‌

Iron

&

Steel

-

0

.09

%

Commercial

Metals

Co

12,179‌

732‌

Haynes

International

Inc

7,417‌

442‌

Radius

Recycling

Inc

2,940‌

53‌

Universal

Stainless

&

Alloy

Products

Inc

(d)

983‌

37‌

Worthington

Steel

Inc

3,417‌

136‌

$

1,400‌

Leisure

Products

&

Services

-

0

.72

%

Clarus

Corp

2,990‌

18‌

Escalade

Inc

885‌

13‌

Global

Business

Travel

Group

I

(d),(e)

1,735‌

12‌

Harley-Davidson

Inc

77,400‌

2,902‌

Johnson

Outdoors

Inc

36,590‌

1,552‌

Life

Time

Group

Holdings

Inc

(d)

6,187‌

129‌

Lindblad

Expeditions

Holdings

Inc

(d)

1,023‌

9‌

Malibu

Boats

Inc

(d)

2,123‌

81‌

Marine

Products

Corp

(e)

468‌

5‌

MasterCraft

Boat

Holdings

Inc

(d)

1,881‌

41‌

Peloton

Interactive

Inc

(d)

2,354‌

8‌

Polaris

Inc

35,400‌

2,948‌

Sabre

Corp

(d)

31,237‌

107‌

Topgolf

Callaway

Brands

Corp

(d)

14,930‌

246‌

Vista

Outdoor

Inc

(d)

84,530‌

3,434‌

$

11,505‌

Lodging

-

0

.34

%

Full

House

Resorts

Inc

(d)

3,217‌

18‌

Hilton

Grand

Vacations

Inc

(d)

48,800‌

2,109‌

Marcus

Corp/The

2,545‌

32‌

Playa

Hotels

&

Resorts

NV

(d)

42,700‌

362‌

Travel

+

Leisure

Co

64,300‌

2,963‌

$

5,484‌

Machinery

-

Construction

&

Mining

-

0

.55

%

Astec

Industries

Inc

2,391‌

84‌

Bloom

Energy

Corp

(d),(e)

1,916‌

26‌

BWX

Technologies

Inc

82,510‌

8,209‌

Hyster-Yale

Inc

441‌

36‌

Manitowoc

Co

Inc/The

(d)

3,791‌

48‌

Schedule

of

Investments

SmallCap

Value

Fund

II

July

31,

2024

(unaudited)

See

accompanying

notes.

268

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Machinery

-

Construction

&

Mining

(continued)

Net

Power

Inc

(d),(e)

2,363‌

$

23‌

Terex

Corp

7,007‌

443‌

$

8,869‌

Machinery

-

Diversified

-

1

.81

%

Alamo

Group

Inc

62,930‌

12,128‌

Albany

International

Corp

26,401‌

2,471‌

Cactus

Inc

35,800‌

2,260‌

Columbus

McKinnon

Corp/NY

42,382‌

1,617‌

DXP

Enterprises

Inc/TX

(d)

15,090‌

826‌

Eastman

Kodak

Co

(d)

6,728‌

39‌

Flowserve

Corp

4,200‌

212‌

Gates

Industrial

Corp

PLC

(d)

123,700‌

2,300‌

Gencor

Industries

Inc

(d)

1,045‌

26‌

GrafTech

International

Ltd

(d)

2,006‌

2‌

Ichor

Holdings

Ltd

(d)

2,337‌

79‌

Lindsay

Corp

18,197‌

2,292‌

Mueller

Water

Products

Inc

-

Class

A

73,200‌

1,514‌

Tennant

Co

2,925‌

315‌

Thermon

Group

Holdings

Inc

(d)

89,928‌

2,951‌

Twin

Disc

Inc

1,094‌

16‌

Zurn

Elkay

Water

Solutions

Corp

874‌

28‌

$

29,076‌

Media

-

0

.21

%

AMC

Networks

Inc

(d)

3,556‌

40‌

Cable

One

Inc

596‌

246‌

EW

Scripps

Co/The

(d)

5,940‌

22‌

Gannett

Co

Inc

(d)

14,941‌

73‌

Gray

Television

Inc

9,000‌

58‌

iHeartMedia

Inc

(d)

9,727‌

17‌

Liberty

Latin

America

Ltd

-

Class

A

(d)

3,640‌

38‌

Liberty

Latin

America

Ltd

-

Class

C

(d)

14,171‌

150‌

Scholastic

Corp

2,469‌

77‌

Sphere

Entertainment

Co

(d),(e)

2,785‌

124‌

TEGNA

Inc

159,334‌

2,539‌

Value

Line

Inc

8‌

1‌

WideOpenWest

Inc

(d)

5,441‌

30‌

$

3,415‌

Metal

Fabrication

&

Hardware

-

2

.15

%

AZZ

Inc

18,337‌

1,466‌

Eastern

Co/The

(e)

510‌

15‌

Helios

Technologies

Inc

1,097‌

50‌

Hillman

Solutions

Corp

(d)

17,156‌

174‌

Janus

International

Group

Inc

(d)

1,224,580‌

17,659‌

L

B

Foster

Co

(d)

5,488‌

131‌

Mayville

Engineering

Co

Inc

(d)

1,145‌

22‌

Metallus

Inc

(d)

4,498‌

101‌

Mueller

Industries

Inc

873‌

62‌

NN

Inc

(d)

4,515‌

18‌

Northwest

Pipe

Co

(d)

924‌

35‌

Olympic

Steel

Inc

1,156‌

59‌

Park-Ohio

Holdings

Corp

969‌

30‌

Proto

Labs

Inc

(d)

16,589‌

578‌

Ryerson

Holding

Corp

3,050‌

73‌

Standex

International

Corp

306‌

57‌

Timken

Co/The

34,400‌

2,991‌

Tredegar

Corp

(d)

229,041‌

1,308‌

Valmont

Industries

Inc

32,585‌

9,722‌

Worthington

Enterprises

Inc

341‌

17‌

$

34,568‌

Mining

-

0

.25

%

Caledonia

Mining

Corp

PLC

(e)

1,648‌

19‌

Centrus

Energy

Corp

(d)

400‌

17‌

Coeur

Mining

Inc

(d)

41,612‌

270‌

Compass

Minerals

International

Inc

72,450‌

963‌

Constellium

SE

(d)

85,000‌

1,514‌

Contango

ORE

Inc

(d),(e)

375‌

9‌

Dakota

Gold

Corp

(d)

2,599‌

6‌

Encore

Energy

Corp

(d)

5,301‌

21‌

Energy

Fuels

Inc/Canada

(d),(e)

17,064‌

97‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Mining

(continued)

Hecla

Mining

Co

60,939‌

$

352‌

i-80

Gold

Corp

(d)

28,818‌

30‌

Kaiser

Aluminum

Corp

4,950‌

390‌

Lifezone

Metals

Ltd

(d)

4,069‌

32‌

Metals

Acquisition

Ltd

(d)

4,096‌

53‌

Novagold

Resources

Inc

(d)

25,678‌

123‌

Piedmont

Lithium

Inc

(d),(e)

1,271‌

13‌

SSR

Mining

Inc

21,363‌

119‌

Ur-Energy

Inc

(d)

2,372‌

3‌

$

4,031‌

Miscellaneous

Manufacturers

-

2

.14

%

AMMO

Inc

(d)

8,648‌

16‌

Core

Molding

Technologies

Inc

(d)

741‌

14‌

Enpro

Inc

1,993‌

341‌

Fabrinet

(d)

47,649‌

10,509‌

Federal

Signal

Corp

72,535‌

7,251‌

Hillenbrand

Inc

66,007‌

2,919‌

John

Bean

Technologies

Corp

3,128‌

308‌

LSB

Industries

Inc

(d)

5,837‌

53‌

Materion

Corp

94,556‌

11,387‌

Myers

Industries

Inc

97,300‌

1,450‌

NL

Industries

Inc

795‌

5‌

Park

Aerospace

Corp

1,038‌

14‌

Smith

&

Wesson

Brands

Inc

4,394‌

73‌

Solidion

Technology

Inc

(d)

3,003‌

1‌

Sturm

Ruger

&

Co

Inc

1,272‌

57‌

Trinity

Industries

Inc

658‌

22‌

$

34,420‌

Office

&

Business

Equipment

-

0

.01

%

Pitney

Bowes

Inc

11,896‌

78‌

Xerox

Holdings

Corp

12,245‌

132‌

$

210‌

Office

Furnishings

-

0

.18

%

CompX

International

Inc

65‌

2‌

HNI

Corp

2,573‌

142‌

Interface

Inc

118,542‌

2,048‌

Steelcase

Inc

51,439‌

745‌

Virco

Mfg.

Corp

955‌

17‌

$

2,954‌

Oil

&

Gas

-

5

.28

%

Amplify

Energy

Corp

(d)

4,368‌

33‌

Antero

Resources

Corp

(d)

190,560‌

5,530‌

Baytex

Energy

Corp

766,971‌

2,838‌

Berry

Corp

397,044‌

2,724‌

Borr

Drilling

Ltd

24,963‌

171‌

California

Resources

Corp

63,953‌

3,290‌

Chord

Energy

Corp

50,405‌

8,653‌

CNX

Resources

Corp

(d)

15,812‌

419‌

Comstock

Resources

Inc

9,724‌

92‌

Crescent

Energy

Co

(e)

466,500‌

5,705‌

CVR

Energy

Inc

51,852‌

1,483‌

Delek

US

Holdings

Inc

23,533‌

560‌

Diamond

Offshore

Drilling

Inc

(d)

10,766‌

177‌

Diversified

Energy

Co

PLC

4,676‌

77‌

Evolution

Petroleum

Corp

2,155‌

12‌

Granite

Ridge

Resources

Inc

5,859‌

40‌

Gulfport

Energy

Corp

(d)

673‌

99‌

Helmerich

&

Payne

Inc

10,172‌

411‌

HighPeak

Energy

Inc

(e)

1,630‌

27‌

Kosmos

Energy

Ltd

(d)

459,921‌

2,543‌

Magnolia

Oil

&

Gas

Corp

1,478‌

40‌

Matador

Resources

Co

112,190‌

6,897‌

Murphy

Oil

Corp

179,938‌

7,446‌

Nabors

Industries

Ltd

(d)

653‌

67‌

Noble

Corp

PLC

2,554‌

121‌

Northern

Oil

&

Gas

Inc

76,512‌

3,305‌

Par

Pacific

Holdings

Inc

(d)

82,423‌

2,188‌

Patterson-UTI

Energy

Inc

614,554‌

6,754‌

PBF

Energy

Inc

57,932‌

2,360‌

Schedule

of

Investments

SmallCap

Value

Fund

II

July

31,

2024

(unaudited)

See

accompanying

notes.

269

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Oil

&

Gas

(continued)

Permian

Resources

Corp

596,920‌

$

9,157‌

Prairie

Operating

Co

(d)

123‌

1‌

Precision

Drilling

Corp

(d)

14,100‌

1,084‌

PrimeEnergy

Resources

Corp

(d)

68‌

8‌

Riley

Exploration

Permian

Inc

1,090‌

32‌

Ring

Energy

Inc

(d)

16,474‌

32‌

SandRidge

Energy

Inc

3,471‌

47‌

Seadrill

Ltd

(d)

5,513‌

303‌

Sitio

Royalties

Corp

8,694‌

212‌

SM

Energy

Co

10,006‌

462‌

Talos

Energy

Inc

(d)

247,878‌

2,934‌

Transocean

Ltd

(d)

76,823‌

445‌

VAALCO

Energy

Inc

328,386‌

2,351‌

Valaris

Ltd

(d)

2,374‌

187‌

Vertex

Energy

Inc

(d),(e)

518,400‌

384‌

Vital

Energy

Inc

(d)

71,000‌

3,097‌

Vitesse

Energy

Inc

2,624‌

68‌

$

84,866‌

Oil

&

Gas

Services

-

1

.38

%

Aris

Water

Solutions

Inc

2,806‌

50‌

Bristow

Group

Inc

(d)

2,577‌

98‌

Core

Laboratories

Inc

(e)

36,500‌

894‌

DMC

Global

Inc

(d)

1,628‌

22‌

DNOW

Inc

(d)

13,851‌

212‌

Drilling

Tools

International

Corp

(d)

560‌

3‌

Dril-Quip

Inc

(d)

110,892‌

1,920‌

Expro

Group

Holdings

NV

(d)

140,957‌

3,273‌

Forum

Energy

Technologies

Inc

(d)

1,150‌

21‌

Geospace

Technologies

Corp

(d)

1,232‌

11‌

Helix

Energy

Solutions

Group

Inc

(d)

12,272‌

145‌

Kodiak

Gas

Services

Inc

80,845‌

2,333‌

Liberty

Energy

Inc

112,028‌

2,705‌

Mammoth

Energy

Services

Inc

(d)

2,325‌

9‌

Matrix

Service

Co

(d)

2,952‌

30‌

National

Energy

Services

Reunited

Corp

(d)

213,300‌

2,075‌

Natural

Gas

Services

Group

Inc

(d)

827‌

17‌

Newpark

Resources

Inc

(d)

44,416‌

367‌

Oil

States

International

Inc

(d)

34,583‌

198‌

ProFrac

Holding

Corp

(d)

84,544‌

786‌

ProPetro

Holding

Corp

(d)

262,346‌

2,516‌

Ranger

Energy

Services

Inc

1,630‌

21‌

RPC

Inc

64,640‌

483‌

SEACOR

Marine

Holdings

Inc

(d)

2,723‌

38‌

Select

Water

Solutions

Inc

136,800‌

1,617‌

Solaris

Oilfield

Infrastructure

Inc

179,066‌

2,355‌

$

22,199‌

Packaging

&

Containers

-

0

.30

%

Clearwater

Paper

Corp

(d)

1,696‌

94‌

Greif

Inc

-

Class

A

2,614‌

174‌

Greif

Inc

-

Class

B

525‌

37‌

O-I

Glass

Inc

(d)

16,307‌

218‌

Pactiv

Evergreen

Inc

3,783‌

50‌

Ranpak

Holdings

Corp

(d)

4,563‌

33‌

Silgan

Holdings

Inc

45,900‌

2,361‌

TriMas

Corp

77,479‌

1,904‌

$

4,871‌

Pharmaceuticals

-

0

.51

%

ACELYRIN

Inc

(d)

8,116‌

49‌

AdaptHealth

Corp

(d)

6,047‌

69‌

Agios

Pharmaceuticals

Inc

(d)

5,941‌

276‌

Akebia

Therapeutics

Inc

(d)

18,501‌

26‌

Alimera

Sciences

Inc

(d),(e)

244‌

1‌

Amneal

Pharmaceuticals

Inc

(d)

2,514‌

18‌

Amphastar

Pharmaceuticals

Inc

(d)

47,500‌

2,067‌

Anika

Therapeutics

Inc

(d)

1,337‌

36‌

Aquestive

Therapeutics

Inc

(d),(e)

5,301‌

20‌

Astrazeneca

Finance

LLC

-

Contingent

Value

Rights

(d),(f)

3,047‌

1‌

Biote

Corp

(d),(e)

178‌

1‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Pharmaceuticals

(continued)

Coherus

Biosciences

Inc

(d)

7,975‌

$

12‌

Corbus

Pharmaceuticals

Holdings

Inc

(d),(e)

423‌

25‌

CorMedix

Inc

(d),(e)

340‌

2‌

Enanta

Pharmaceuticals

Inc

(d)

2,246‌

33‌

Enliven

Therapeutics

Inc

(d)

181‌

5‌

Fennec

Pharmaceuticals

Inc

(d)

1,802‌

12‌

Foghorn

Therapeutics

Inc

(d)

976‌

7‌

Fulcrum

Therapeutics

Inc

(d)

3,976‌

37‌

Galectin

Therapeutics

Inc

(d)

787‌

2‌

Gyre

Therapeutics

Inc

(d)

621‌

9‌

Herbalife

Ltd

(d)

265,797‌

3,264‌

Heron

Therapeutics

Inc

(d),(e)

11,822‌

35‌

Ironwood

Pharmaceuticals

Inc

(d)

9,840‌

67‌

Lyell

Immunopharma

Inc

(d)

18,366‌

30‌

MannKind

Corp

(d)

6,843‌

39‌

Morphic

Holding

Inc

(d)

4,184‌

237‌

Nature's

Sunshine

Products

Inc

(d)

1,003‌

17‌

Neurogene

Inc

(d),(e)

476‌

20‌

Option

Care

Health

Inc

(d)

9,743‌

289‌

ORIC

Pharmaceuticals

Inc

(d)

5,291‌

59‌

Outlook

Therapeutics

Inc

(d)

304‌

2‌

Owens

&

Minor

Inc

(d)

6,728‌

111‌

Pacira

BioSciences

Inc

(d)

4,459‌

92‌

PetIQ

Inc

(d)

2,408‌

53‌

Phibro

Animal

Health

Corp

1,736‌

33‌

Regulus

Therapeutics

Inc

(d)

4,625‌

8‌

SIGA

Technologies

Inc

73,219‌

731‌

Skye

Bioscience

Inc

(d)

1,434‌

7‌

Spyre

Therapeutics

Inc

(d)

3,295‌

91‌

Summit

Therapeutics

Inc

(d),(e)

454‌

5‌

Supernus

Pharmaceuticals

Inc

(d)

4,898‌

146‌

Telomir

Pharmaceuticals

Inc

(d)

303‌

1‌

Trevi

Therapeutics

Inc

(d)

2,229‌

7‌

USANA

Health

Sciences

Inc

(d)

1,187‌

53‌

Vanda

Pharmaceuticals

Inc

(d)

6,342‌

37‌

Voyager

Therapeutics

Inc

(d)

5,120‌

47‌

$

8,189‌

Pipelines

-

0

.11

%

Excelerate

Energy

Inc

2,852‌

57‌

Golar

LNG

Ltd

10,414‌

364‌

Kinetik

Holdings

Inc

25,534‌

1,059‌

NextDecade

Corp

(d)

41,300‌

335‌

$

1,815‌

Private

Equity

-

0

.00

%

Chicago

Atlantic

Real

Estate

Finance

Inc

1,895‌

30‌

P10

Inc

579‌

6‌

$

36‌

Real

Estate

-

2

.04

%

American

Realty

Investors

Inc

(d)

142‌

3‌

Angel

Oak

Mortgage

REIT

Inc

769‌

10‌

Anywhere

Real

Estate

Inc

(d)

10,910‌

51‌

Cushman

&

Wakefield

PLC

(d)

1,373,186‌

18,002‌

FRP

Holdings

Inc

(d)

1,407‌

42‌

Kennedy-Wilson

Holdings

Inc

11,968‌

125‌

Legacy

Housing

Corp

(d)

24,761‌

705‌

Marcus

&

Millichap

Inc

2,461‌

97‌

Maui

Land

&

Pineapple

Co

Inc

(d)

99‌

2‌

McGrath

RentCorp

(e)

99,485‌

10,927‌

Newmark

Group

Inc

14,375‌

187‌

Offerpad

Solutions

Inc

(d)

883‌

4‌

RE/MAX

Holdings

Inc

1,637‌

16‌

RMR

Group

Inc/The

36,732‌

953‌

Seritage

Growth

Properties

(d)

323,049‌

1,647‌

Star

Holdings

(d)

1,259‌

17‌

Stratus

Properties

Inc

(d)

527‌

15‌

Transcontinental

Realty

Investors

Inc

(d)

126‌

4‌

$

32,807‌

Schedule

of

Investments

SmallCap

Value

Fund

II

July

31,

2024

(unaudited)

See

accompanying

notes.

270

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

REITs

-

4

.67

%

Acadia

Realty

Trust

10,633‌

$

230‌

AFC

Gamma

Inc

1,862‌

17‌

AG

Mortgage

Investment

Trust

Inc

2,359‌

18‌

AGNC

Investment

Corp

1,012,875‌

10,139‌

Alexander

&

Baldwin

Inc

7,656‌

151‌

Alexander's

Inc

9,200‌

2,229‌

Alpine

Income

Property

Trust

Inc

1,258‌

22‌

American

Assets

Trust

Inc

5,037‌

134‌

American

Healthcare

REIT

Inc

6,838‌

109‌

Apartment

Investment

and

Management

Co

(d)

7,783‌

69‌

Apollo

Commercial

Real

Estate

Finance

Inc

149,507‌

1,630‌

Apple

Hospitality

REIT

Inc

24,006‌

355‌

Arbor

Realty

Trust

Inc

19,391‌

262‌

Ares

Commercial

Real

Estate

Corp

191,444‌

1,480‌

Armada

Hoffler

Properties

Inc

6,477‌

77‌

ARMOUR

Residential

REIT

Inc

5,155‌

104‌

Blackstone

Mortgage

Trust

Inc

18,281‌

326‌

Braemar

Hotels

&

Resorts

Inc

7,452‌

26‌

Brandywine

Realty

Trust

17,844‌

90‌

BrightSpire

Capital

Inc

229,396‌

1,314‌

Broadstone

Net

Lease

Inc

19,862‌

346‌

BRT

Apartments

Corp

1,316‌

25‌

CareTrust

REIT

Inc

13,083‌

353‌

CBL

&

Associates

Properties

Inc

693‌

18‌

Centerspace

1,557‌

109‌

Chatham

Lodging

Trust

5,240‌

46‌

Chimera

Investment

Corp

8,475‌

124‌

City

Office

REIT

Inc

4,430‌

27‌

Claros

Mortgage

Trust

Inc

37,284‌

354‌

Clipper

Realty

Inc

188‌

1‌

Community

Healthcare

Trust

Inc

2,597‌

56‌

COPT

Defense

Properties

11,848‌

343‌

CTO

Realty

Growth

Inc

2,444‌

49‌

DiamondRock

Hospitality

Co

201,256‌

1,656‌

Diversified

Healthcare

Trust

22,992‌

77‌

Douglas

Emmett

Inc

17,003‌

274‌

Dynex

Capital

Inc

6,718‌

82‌

Easterly

Government

Properties

Inc

10,214‌

142‌

Ellington

Financial

Inc

8,687‌

110‌

Elme

Communities

9,259‌

152‌

Empire

State

Realty

Trust

Inc

291,310‌

3,137‌

Equity

Commonwealth

(d)

11,131‌

227‌

Essential

Properties

Realty

Trust

Inc

18,471‌

547‌

Farmland

Partners

Inc

4,622‌

49‌

Four

Corners

Property

Trust

Inc

9,654‌

262‌

Franklin

BSP

Realty

Trust

Inc

8,638‌

120‌

Franklin

Street

Properties

Corp

9,564‌

17‌

Getty

Realty

Corp

5,201‌

154‌

Gladstone

Commercial

Corp

3,569‌

54‌

Gladstone

Land

Corp

3,542‌

53‌

Global

Medical

REIT

Inc

6,388‌

61‌

Global

Net

Lease

Inc

21,141‌

184‌

Granite

Point

Mortgage

Trust

Inc

427,746‌

1,274‌

Great

Ajax

Corp

224,953‌

790‌

Hudson

Pacific

Properties

Inc

14,418‌

86‌

Independence

Realty

Trust

Inc

23,797‌

444‌

Industrial

Logistics

Properties

Trust

7,262‌

37‌

Innovative

Industrial

Properties

Inc

2,984‌

366‌

InvenTrust

Properties

Corp

7,166‌

202‌

Invesco

Mortgage

Capital

Inc

5,017‌

46‌

JBG

SMITH

Properties

9,337‌

153‌

Kite

Realty

Group

Trust

22,866‌

564‌

KKR

Real

Estate

Finance

Trust

Inc

4,800‌

55‌

Ladder

Capital

Corp

11,947‌

143‌

LTC

Properties

Inc

4,512‌

161‌

LXP

Industrial

Trust

30,611‌

315‌

Macerich

Co/The

22,815‌

365‌

MFA

Financial

Inc

604,992‌

6,769‌

National

Health

Investors

Inc

4,395‌

329‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

REITs

(continued)

NET

Lease

Office

Properties

1,664‌

$

49‌

NETSTREIT

Corp

6,220‌

102‌

New

York

Mortgage

Trust

Inc

9,547‌

62‌

NexPoint

Diversified

Real

Estate

Trust

3,030‌

19‌

Nexpoint

Real

Estate

Finance

Inc

807‌

12‌

NexPoint

Residential

Trust

Inc

2,396‌

105‌

NNN

REIT

Inc

250,905‌

11,263‌

One

Liberty

Properties

Inc

1,769‌

47‌

Orchid

Island

Capital

Inc

5,587‌

45‌

Orion

Office

REIT

Inc

5,635‌

23‌

Outfront

Media

Inc

9,468‌

154‌

Paramount

Group

Inc

19,425‌

102‌

Park

Hotels

&

Resorts

Inc

171,800‌

2,587‌

Peakstone

Realty

Trust

4,069‌

55‌

Pebblebrook

Hotel

Trust

208,369‌

2,852‌

PennyMac

Mortgage

Investment

Trust

9,143‌

126‌

Phillips

Edison

&

Co

Inc

11,022‌

387‌

Piedmont

Office

Realty

Trust

Inc

12,994‌

112‌

Plymouth

Industrial

REIT

Inc

4,215‌

101‌

Postal

Realty

Trust

Inc

1,312‌

20‌

PotlatchDeltic

Corp

8,356‌

371‌

Ready

Capital

Corp

17,014‌

158‌

Redwood

Trust

Inc

13,860‌

101‌

Retail

Opportunity

Investments

Corp

13,045‌

195‌

RLJ

Lodging

Trust

16,046‌

151‌

Sabra

Health

Care

REIT

Inc

24,369‌

395‌

Safehold

Inc

5,444‌

126‌

Saul

Centers

Inc

101‌

4‌

Service

Properties

Trust

17,367‌

98‌

Seven

Hills

Realty

Trust

1,253‌

17‌

SITE

Centers

Corp

20,003‌

309‌

SL

Green

Realty

Corp

6,986‌

465‌

STAG

Industrial

Inc

300,085‌

12,246‌

Summit

Hotel

Properties

Inc

11,045‌

70‌

Sunrise

Realty

Trust

Inc

(d)

620‌

7‌

Sunstone

Hotel

Investors

Inc

21,417‌

222‌

Tanger

Inc

6,808‌

197‌

Terreno

Realty

Corp

10,052‌

688‌

TPG

RE

Finance

Trust

Inc

6,036‌

53‌

Two

Harbors

Investment

Corp

10,927‌

147‌

UMH

Properties

Inc

5,719‌

102‌

Uniti

Group

Inc

25,171‌

97‌

Universal

Health

Realty

Income

Trust

212‌

9‌

Urban

Edge

Properties

12,610‌

256‌

Veris

Residential

Inc

8,259‌

130‌

Whitestone

REIT

5,137‌

71‌

Xenia

Hotels

&

Resorts

Inc

10,680‌

148‌

$

75,146‌

Retail

-

5

.02

%

Academy

Sports

&

Outdoors

Inc

148,242‌

8,015‌

Advance

Auto

Parts

Inc

36,000‌

2,280‌

American

Eagle

Outfitters

Inc

3,948‌

87‌

America's

Car-Mart

Inc/TX

(d)

637‌

44‌

Arko

Corp

7,612‌

50‌

Asbury

Automotive

Group

Inc

(d)

7,911‌

2,130‌

Beacon

Roofing

Supply

Inc

(d)

142,741‌

14,673‌

Biglari

Holdings

Inc

(d)

74‌

15‌

BJ's

Restaurants

Inc

(d)

973‌

31‌

Blink

Charging

Co

(d),(e)

5,207‌

17‌

Bloomin'

Brands

Inc

149,205‌

3,111‌

BlueLinx

Holdings

Inc

(d)

906‌

109‌

Brinker

International

Inc

(d)

424‌

28‌

Caleres

Inc

2,499‌

96‌

Chuy's

Holdings

Inc

(d)

1,805‌

67‌

Citi

Trends

Inc

(d)

788‌

15‌

Clean

Energy

Fuels

Corp

(d)

18,965‌

54‌

Cracker

Barrel

Old

Country

Store

Inc

(e)

1,802‌

83‌

Dave

&

Buster's

Entertainment

Inc

(d)

50,800‌

1,911‌

Denny's

Corp

(d)

294,907‌

2,170‌

Schedule

of

Investments

SmallCap

Value

Fund

II

July

31,

2024

(unaudited)

See

accompanying

notes.

271

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Retail

(continued)

Designer

Brands

Inc

50,078‌

$

408‌

Destination

XL

Group

Inc

(d)

4,985‌

19‌

Dine

Brands

Global

Inc

28,591‌

1,025‌

El

Pollo

Loco

Holdings

Inc

(d)

149,224‌

1,799‌

EVgo

Inc

(d),(e)

9,798‌

38‌

Foot

Locker

Inc

8,777‌

255‌

Genesco

Inc

(d)

47,270‌

1,458‌

GMS

Inc

(d)

394‌

38‌

Group

1

Automotive

Inc

10,029‌

3,668‌

GrowGeneration

Corp

(d)

5,512‌

13‌

Haverty

Furniture

Cos

Inc

95,594‌

2,798‌

J

Jill

Inc

(e)

52‌

2‌

La-Z-Boy

Inc

4,506‌

199‌

Leslie's

Inc

(d),(e)

239,459‌

706‌

MarineMax

Inc

(d)

42,063‌

1,467‌

Movado

Group

Inc

1,668‌

43‌

MSC

Industrial

Direct

Co

Inc

28,100‌

2,500‌

National

Vision

Holdings

Inc

(d)

7,657‌

111‌

Nordstrom

Inc

66,200‌

1,511‌

Nu

Skin

Enterprises

Inc

106,725‌

1,198‌

ODP

Corp/The

(d)

3,742‌

158‌

OneWater

Marine

Inc

(d),(e)

82,143‌

2,027‌

Papa

John's

International

Inc

31,969‌

1,414‌

PC

Connection

Inc

12,007‌

859‌

Petco

Health

&

Wellness

Co

Inc

(d)

9,232‌

32‌

PetMed

Express

Inc

266,783‌

1,011‌

Portillo's

Inc

(d)

1,085‌

11‌

PriceSmart

Inc

961‌

88‌

Sally

Beauty

Holdings

Inc

(d)

10,986‌

126‌

Shoe

Carnival

Inc

1,871‌

79‌

Signet

Jewelers

Ltd

119,049‌

10,016‌

Sonic

Automotive

Inc

41,782‌

2,488‌

Tile

Shop

Holdings

Inc

(d)

1,832‌

13‌

Tilly's

Inc

(d)

1,454‌

9‌

Urban

Outfitters

Inc

(d)

4,841‌

223‌

Vera

Bradley

Inc

(d)

2,618‌

18‌

Victoria's

Secret

&

Co

(d)

6,321‌

112‌

Warby

Parker

Inc

(d)

411,495‌

6,777‌

Winmark

Corp

309‌

122‌

Zumiez

Inc

(d)

33,538‌

853‌

$

80,678‌

Savings

&

Loans

-

1

.82

%

Axos

Financial

Inc

(d)

5,128‌

374‌

Banc

of

California

Inc

119,513‌

1,671‌

Berkshire

Hills

Bancorp

Inc

67,264‌

1,857‌

Brookline

Bancorp

Inc

321,311‌

3,370‌

Capitol

Federal

Financial

Inc

259,058‌

1,638‌

ESSA

Bancorp

Inc

792‌

15‌

First

Financial

Northwest

Inc

(e)

687‌

15‌

Flushing

Financial

Corp

178,880‌

2,635‌

FS

Bancorp

Inc

16,957‌

746‌

Hingham

Institution

For

Savings

The

(e)

553‌

137‌

Home

Bancorp

Inc

16,605‌

732‌

HomeTrust

Bancshares

Inc

(e)

1,541‌

55‌

New

York

Community

Bancorp

Inc

26,713‌

281‌

Northfield

Bancorp

Inc

207,235‌

2,593‌

Northwest

Bancshares

Inc

13,414‌

188‌

OceanFirst

Financial

Corp

188,648‌

3,428‌

Pacific

Premier

Bancorp

Inc

69,983‌

1,894‌

Provident

Financial

Services

Inc

170,297‌

3,158‌

Southern

Missouri

Bancorp

Inc

14,588‌

834‌

Timberland

Bancorp

Inc/WA

738‌

23‌

WaFd

Inc

89,831‌

3,197‌

Waterstone

Financial

Inc

1,829‌

27‌

WSFS

Financial

Corp

6,302‌

356‌

$

29,224‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Semiconductors

-

1

.81

%

ACM

Research

Inc

(d)

1,688‌

$

30‌

Alpha

&

Omega

Semiconductor

Ltd

(d)

2,433‌

101‌

Ambarella

Inc

(d)

1,885‌

99‌

CEVA

Inc

(d)

302‌

6‌

Cohu

Inc

(d)

4,866‌

156‌

Diodes

Inc

(d)

31,780‌

2,485‌

IPG

Photonics

Corp

(d)

25,100‌

2,018‌

MaxLinear

Inc

(d)

425‌

6‌

Navitas

Semiconductor

Corp

(d)

11,456‌

43‌

Onto

Innovation

Inc

(d)

35,785‌

6,846‌

Ouster

Inc

(d)

3,988‌

52‌

Photronics

Inc

(d)

83,769‌

2,129‌

Rambus

Inc

(d)

187,160‌

9,628‌

Richardson

Electronics

Ltd/United

States

1,209‌

14‌

SMART

Global

Holdings

Inc

(d)

5,410‌

127‌

Synaptics

Inc

(d)

3,817‌

333‌

Ultra

Clean

Holdings

Inc

(d)

112,630‌

4,872‌

Veeco

Instruments

Inc

(d)

925‌

38‌

Vishay

Precision

Group

Inc

(d)

1,349‌

46‌

$

29,029‌

Software

-

0

.51

%

ACI

Worldwide

Inc

(d)

48,300‌

2,088‌

Adeia

Inc

23,164‌

272‌

American

Software

Inc/GA

3,504‌

38‌

Asure

Software

Inc

(d)

2,322‌

24‌

Bandwidth

Inc

(d)

258‌

6‌

BigBear.ai

Holdings

Inc

(d),(e)

2,510‌

4‌

Cerence

Inc

(d)

4,295‌

14‌

CommVault

Systems

Inc

(d)

314‌

48‌

Concentrix

Corp

21,600‌

1,523‌

Consensus

Cloud

Solutions

Inc

(d)

2,018‌

43‌

CS

Disco

Inc

(d)

1,073‌

7‌

Daily

Journal

Corp

(d)

40‌

19‌

Definitive

Healthcare

Corp

(d),(e)

5,934‌

23‌

Digi

International

Inc

(d)

3,752‌

102‌

Digimarc

Corp

(d)

81‌

3‌

Digital

Turbine

Inc

(d)

9,409‌

22‌

Donnelley

Financial

Solutions

Inc

(d)

970‌

65‌

E2open

Parent

Holdings

Inc

(d)

17,970‌

84‌

EverCommerce

Inc

(d)

540‌

6‌

Fastly

Inc

(d)

2,934‌

24‌

Health

Catalyst

Inc

(d)

5,923‌

44‌

IBEX

Holdings

Ltd

(d)

879‌

15‌

Immersion

Corp

3,248‌

41‌

Instructure

Holdings

Inc

(d)

1,117‌

26‌

MeridianLink

Inc

(d)

1,202‌

28‌

Olo

Inc

(d)

5,980‌

29‌

ON24

Inc

(d)

2,706‌

18‌

Outbrain

Inc

(d)

3,781‌

18‌

Planet

Labs

PBC

(d)

18,727‌

48‌

Playstudios

Inc

(d)

8,699‌

19‌

PowerSchool

Holdings

Inc

(d)

636‌

14‌

Rackspace

Technology

Inc

(d)

6,294‌

15‌

SolarWinds

Corp

5,721‌

68‌

TruBridge

Inc

(d)

147,100‌

1,650‌

Verint

Systems

Inc

(d)

6,492‌

235‌

Vimeo

Inc

(d)

15,586‌

63‌

ZoomInfo

Technologies

Inc

(d)

129,400‌

1,470‌

$

8,216‌

Supranational

Bank

-

0

.01

%

Banco

Latinoamericano

de

Comercio

Exterior

SA

2,871‌

93‌

Telecommunications

-

0

.23

%

ADTRAN

Holdings

Inc

8,756‌

59‌

Anterix

Inc

(d)

118‌

5‌

Applied

Digital

Corp

(d),(e)

3,382‌

16‌

AST

SpaceMobile

Inc

(d),(e)

12,417‌

257‌

ATN

International

Inc

1,134‌

34‌

Aviat

Networks

Inc

(d)

21,638‌

670‌

BlackSky

Technology

Inc

(d)

11,361‌

13‌

Schedule

of

Investments

SmallCap

Value

Fund

II

July

31,

2024

(unaudited)

See

accompanying

notes.

272

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Telecommunications

(continued)

Calix

Inc

(d)

1,611‌

$

66‌

Clearfield

Inc

(d)

1,302‌

57‌

CommScope

Holding

Co

Inc

(d)

23,465‌

61‌

Consolidated

Communications

Holdings

Inc

(d)

8,542‌

39‌

DigitalBridge

Group

Inc

12,298‌

174‌

EchoStar

Corp

(d)

12,813‌

257‌

Extreme

Networks

Inc

(d)

6,141‌

88‌

Globalstar

Inc

(d)

11,087‌

13‌

Gogo

Inc

(d)

4,145‌

38‌

IDT

Corp

-

Class

B

438‌

17‌

Lumen

Technologies

Inc

(d)

106,593‌

336‌

NETGEAR

Inc

(d)

3,145‌

50‌

Ooma

Inc

(d)

2,089‌

22‌

Powerfleet

Inc

NJ

(d)

9,521‌

43‌

Preformed

Line

Products

Co

4,161‌

574‌

Ribbon

Communications

Inc

(d)

10,071‌

34‌

Shenandoah

Telecommunications

Co

5,120‌

109‌

Spok

Holdings

Inc

2,046‌

31‌

Telephone

and

Data

Systems

Inc

10,379‌

220‌

Terran

Orbital

Corp

(d)

14,121‌

10‌

Viasat

Inc

(d)

12,771‌

258‌

Viavi

Solutions

Inc

(d)

23,185‌

186‌

$

3,737‌

Textiles

-

0

.16

%

UniFirst

Corp/MA

13,001‌

2,529‌

Toys,

Games

&

Hobbies

-

0

.10

%

Funko

Inc

(d)

3,425‌

34‌

JAKKS

Pacific

Inc

(d),(e)

76,027‌

1,600‌

$

1,634‌

Transportation

-

2

.90

%

Air

Transport

Services

Group

Inc

(d)

51,988‌

839‌

Ardmore

Shipping

Corp

4,355‌

94‌

Costamare

Inc

4,201‌

62‌

Covenant

Logistics

Group

Inc

657‌

37‌

CryoPort

Inc

(d)

622‌

6‌

DHT

Holdings

Inc

14,208‌

167‌

Dorian

LPG

Ltd

1,811‌

74‌

FLEX

LNG

Ltd

(e)

1,384‌

37‌

Forward

Air

Corp

(e)

2,626‌

67‌

Genco

Shipping

&

Trading

Ltd

4,432‌

86‌

Golden

Ocean

Group

Ltd

12,808‌

159‌

Heartland

Express

Inc

137,382‌

1,782‌

Himalaya

Shipping

Ltd

(d),(e)

185‌

1‌

Hub

Group

Inc

6,418‌

300‌

International

Seaways

Inc

30,742‌

1,722‌

Kirby

Corp

(d)

111,430‌

13,693‌

Marten

Transport

Ltd

81,222‌

1,528‌

Matson

Inc

3,597‌

477‌

Nordic

American

Tankers

Ltd

21,459‌

80‌

PAM

Transportation

Services

Inc

(d)

25,331‌

517‌

Pangaea

Logistics

Solutions

Ltd

3,497‌

25‌

Radiant

Logistics

Inc

(d)

3,482‌

22‌

RXO

Inc

(d)

288,150‌

9,137‌

Safe

Bulkers

Inc

7,009‌

35‌

Saia

Inc

(d)

22,400‌

9,360‌

Schneider

National

Inc

76,200‌

2,051‌

Scorpio

Tankers

Inc

4,950‌

380‌

SFL

Corp

Ltd

9,370‌

111‌

Teekay

Corp

(d)

6,016‌

52‌

Teekay

Tankers

Ltd

2,514‌

164‌

Universal

Logistics

Holdings

Inc

433‌

19‌

Werner

Enterprises

Inc

5,803‌

227‌

World

Kinect

Corp

115,836‌

3,235‌

$

46,546‌

Trucking

&

Leasing

-

0

.71

%

GATX

Corp

64,786‌

9,038‌

Greenbrier

Cos

Inc/The

46,749‌

2,384‌

Willis

Lease

Finance

Corp

358‌

31‌

$

11,453‌

COMMON

STOCKS

(continued)

Shares

Held

Value

(000’s)

Water

-

0

.05

%

American

States

Water

Co

1,707‌

$

141‌

California

Water

Service

Group

4,468‌

239‌

Consolidated

Water

Co

Ltd

1,281‌

37‌

Middlesex

Water

Co

1,614‌

107‌

SJW

Group

3,395‌

206‌

York

Water

Co/The

1,300‌

54‌

$

784‌

TOTAL

COMMON

STOCKS

$

1,528,296‌

Total

Investments

$

1,600,128‌

Other

Assets

and

Liabilities

-  0.47%

7,601‌

TOTAL

NET

ASSETS

-

100.00%

$

1,607,729‌

(a)

1-day

yield

shown

is

as

of

period

end.

(b)

Security

or

a

portion

of

the

security

was

received

as

collateral

for

securities

lending.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$8,656

or

0.54%

of

net

assets.

(c)

Affiliated

Security.

Security

is

either

an

affiliate

(and

registered

under

the

Investment

Company

Act

of

1940,

as

amended,

(the

"1940

Act"))

or

an

affiliate

as

defined

by

the

1940

Act

(controls

5.00%

or

more

of

the

outstanding

voting

shares

of

the

security).

Please

see

Affiliated

Securities

sub-schedule

for

transactional

information.

(d)

Non-income

producing

security

(e)

Security

or

a

portion

of

the

security

was

on

loan.  At

the

end

of

the

period,

the

value

of

these

securities

totaled

$8,504

or

0.53%

of

net

assets.

(f)

The

value

of

these

investments

was

determined

using

significant

unobservable

inputs,

in

good

faith

by

the

Manager,

under

procedures

established

and

periodically

reviewed

by

the

Board

of

Directors.

Schedule

of

Investments

SmallCap

Value

Fund

II

July

31,

2024

(unaudited)

See

accompanying

notes.

273

Affiliated

Securities

October

31,

2023

Purchases

Sales

July

31,

2024

Value

Cost

Proceeds

Value

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

61,517‌

$

626,583‌

$

620,646‌

$

67,454‌

$

61,517‌

$

626,583‌

$

620,646‌

$

67,454‌

Income

(a)

Realized

Gain/(Loss)

on

Investments

Realized

Gain

from

Capital

Gain

Distributions

Change

in

Unrealized

Gain/

(Loss)

Principal

Government

Money

Market

Fund

-

Class

R-6

5.23%

$

1,608‌

$

—‌

$

—‌

$

—‌

$

1,608‌

$

—‌

$

—‌

$

—‌

Amounts

in

thousands.

(a)

Amount

excludes

earnings

from

securities

lending

collateral.

Futures

Contracts

Description

and

Expiration

Date

Type

Contracts

Notional

Amount

Value

and

Unrealized

Appreciation/(Depreciation)

Russell

2000

Emini;

September

2024

Long

116‌

$

13,183‌

$

364‌

Total

$

364‌

Amounts

in

thousands

except

contracts.

Schedule

of

Investments

Tax-Exempt

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

274

INVESTMENT

COMPANIES

-

0.08%

Shares

Held

Value

(000's)

Exchange-Traded

Funds

-

0.08%

iShares

National

Muni

Bond

ETF

528‌

$

57‌

iShares

Short-Term

National

Muni

Bond

ETF

374‌

39‌

JPMorgan

Ultra-Short

Municipal

Income

ETF

99‌

5‌

SPDR

Nuveen

Bloomberg

High

Yield

Municipal

Bond

ETF

9,994‌

260‌

VanEck

High

Yield

Muni

ETF

2,363‌

124‌

$

485‌

TOTAL

INVESTMENT

COMPANIES

$

485‌

MUNICIPAL

BONDS

-

104

.68%

Principal

Amount

(000's)

Value

(000's)

Alabama

-

3.08%

Energy

Southeast

A

Cooperative

District

5.25%,

07/01/2054

(a)

$

3,220‌

$

3,484‌

Lower

Alabama

Gas

District/The

5.00%,

09/01/2034

6,000‌

6,501‌

5.00%,

09/01/2046

1,540‌

1,688‌

Phenix

City

Industrial

Development

Board

4.13%,

05/15/2035

3,000‌

3,000‌

Tender

Option

Bond

Trust

Receipts/Certificates

4.40%,

07/01/2025

(a),(b)

1,555‌

1,555‌

Tuscaloosa

County

Industrial

Development

Authority

5.25%,

05/01/2044

(b)

997‌

1,008‌

$

17,236‌

Arizona

-

1.54%

Arizona

Industrial

Development

Authority

5.00%,

01/01/2043

575‌

385‌

Maricopa

County

Industrial

Development

Authority

4.00%,

01/01/2041

6,300‌

6,221‌

Navajo

Nation

5.50%,

12/01/2030

(b)

1,990‌

2,025‌

$

8,631‌

Arkansas

-

0.19%

Arkansas

Development

Finance

Authority

5.45%,

09/01/2052

1,000‌

1,033‌

California

-

14.94%

California

Community

Choice

Financing

Authority

5.00%,

07/01/2053

(a)

5,000‌

5,306‌

California

Educational

Facilities

Authority

5.00%,

05/01/2049

3,000‌

3,628‌

California

Health

Facilities

Financing

Authority

5.00%,

11/15/2046

1,695‌

1,742‌

California

Housing

Finance

Agency

(credit

support

from

Federal

Home

Loan

Mortgage

Corporation

Collateral

)

3.75%,

03/25/2035

(c)

6,955‌

6,985‌

California

Infrastructure

&

Economic

Development

Bank

8.00%,

01/01/2050

(a),(b)

7,000‌

7,341‌

8.00%,

01/01/2050

(a),(b)

10,000‌

10,137‌

California

Municipal

Finance

Authority

4.00%,

07/15/2029

4,050‌

4,048‌

California

Municipal

Finance

Authority

(credit

support

from

Build

America

Mutual

Assurance

Corp

-

Transfer

Custodial

Receipt

)

5.00%,

05/15/2031

(c)

2,240‌

2,387‌

California

Pollution

Control

Financing

Authority

4.30%,

07/01/2040

2,000‌

2,000‌

California

State

Public

Works

Board

5.00%,

02/01/2032

2,500‌

2,858‌

California

Statewide

Communities

Development

Authority

(credit

support

from

Build

America

Mutual

Assurance

Corp

)

5.00%,

05/15/2031

(c)

2,000‌

2,192‌

Chino

Valley

Unified

School

District

5.00%,

08/01/2055

(d)

2,430‌

2,587‌

MUNICIPAL

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

California

(continued)

City

of

Los

Angeles

Department

of

Airports

5.00%,

05/15/2029

$

1,250‌

$

1,331‌

5.00%,

05/15/2037

(d)

3,824‌

4,140‌

5.00%,

05/15/2044

(d)

5,150‌

5,259‌

Los

Angeles

Unified

School

District/CA

5.00%,

07/01/2034

4,500‌

5,347‌

Mizuho

Floater/Residual

Trust

4.20%,

12/01/2037

(a),(b)

1,000‌

1,000‌

Oakland

Unified

School

District/Alameda

County

5.00%,

08/01/2034

2,210‌

2,259‌

Ontario

International

Airport

Authority

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

5.00%,

05/15/2031

(c)

1,000‌

1,082‌

Sacramento

Area

Flood

Control

Agency

(credit

support

from

Build

America

Mutual

Assurance

Corp

)

5.00%,

10/01/2039

(c)

1,340‌

1,342‌

San

Diego

County

Regional

Airport

Authority

5.00%,

07/01/2033

500‌

536‌

5.00%,

07/01/2040

65‌

69‌

San

Diego

Unified

School

District/CA

0.00%,

07/01/2032

(e)

5,000‌

3,857‌

San

Francisco

City

&

County

Airport

Comm-San

Francisco

International

Airport

5.00%,

05/01/2040

1,500‌

1,559‌

Southern

California

Public

Power

Authority

5.00%,

11/01/2028

2,385‌

2,470‌

State

of

California

5.00%,

08/01/2027

2,000‌

2,125‌

$

83,587‌

Colorado

-

0.97%

Denver

Convention

Center

Hotel

Authority

5.00%,

12/01/2040

1,000‌

1,013‌

Elbert

County

Independence

Water

&

Sanitation

District

7.25%,

12/01/2038

1,000‌

1,031‌

Painted

Prairie

Public

Improvement

Authority

5.00%,

12/01/2049

1,000‌

921‌

Transport

Metropolitan

District

No

3

5.00%,

12/01/2051

1,500‌

1,232‌

Velocity

Metropolitan

District

No

3

5.13%,

12/01/2034

1,235‌

1,235‌

$

5,432‌

Connecticut

-

1.05%

Mohegan

Tribal

Finance

Authority

7.00%,

02/01/2045

(b)

3,900‌

3,910‌

State

of

Connecticut

Special

Tax

Revenue

5.00%,

05/01/2030

1,755‌

1,952‌

$

5,862‌

Florida

-

7.14%

City

of

Lakeland

FL

Department

of

Electric

Utilities

5.25%,

10/01/2036

5,010‌

5,816‌

Collier

County

Health

Facilities

Authority

5.00%,

05/01/2043

3,500‌

3,600‌

Collier

County

Industrial

Development

Authority

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

5.00%,

10/01/2049

(c)

1,500‌

1,616‌

County

of

Miami-Dade

FL

Aviation

Revenue

5.00%,

10/01/2049

(d)

7,000‌

7,175‌

Florida

Development

Finance

Corp

3.00%,

06/01/2032

4,000‌

3,498‌

5.00%,

05/01/2029

(b)

2,000‌

2,031‌

5.50%,

07/01/2053

3,500‌

3,635‌

6.13%,

07/01/2032

(a),(b)

4,000‌

4,104‌

Florida

Development

Finance

Corp

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

5.25%,

07/01/2047

(c)

4,985‌

5,253‌

Schedule

of

Investments

Tax-Exempt

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

275

MUNICIPAL

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Florida

(continued)

Hillsborough

County

Aviation

Authority

5.00%,

10/01/2047

$

2,000‌

$

2,095‌

Palm

Beach

County

Health

Facilities

Authority

7.50%,

05/15/2053

1,000‌

1,130‌

$

39,953‌

Georgia

-

3.87%

City

of

Atlanta

GA

Airport

Passenger

Facility

Charge

5.00%,

07/01/2032

9,235‌

10,143‌

City

of

Atlanta

GA

Department

of

Aviation

5.00%,

07/01/2032

2,180‌

2,312‌

George

L

Smith

II

Congress

Center

Authority

5.00%,

01/01/2036

(b)

4,062‌

4,081‌

Georgia

Ports

Authority

5.00%,

07/01/2047

1,000‌

1,086‌

5.25%,

07/01/2043

3,585‌

4,034‌

$

21,656‌

Illinois

-

11.53%

Chicago

O'Hare

International

Airport

5.25%,

01/01/2036

2,000‌

2,087‌

Chicago

Transit

Authority

Capital

Grant

Receipts

Revenue

5.00%,

06/01/2029

3,250‌

3,476‌

City

of

Chicago

IL

5.25%,

01/01/2029

2,000‌

2,008‌

5.50%,

01/01/2049

1,000‌

1,034‌

6.00%,

01/01/2038

2,965‌

3,078‌

7.46%,

02/15/2026

408‌

298‌

City

of

Chicago

IL

Wastewater

Transmission

Revenue

5.00%,

01/01/2030

1,000‌

1,005‌

5.00%,

01/01/2032

1,000‌

1,005‌

5.00%,

01/01/2033

2,625‌

2,638‌

City

of

Chicago

IL

Waterworks

Revenue

5.00%,

11/01/2028

1,000‌

1,003‌

County

of

Cook

IL

Sales

Tax

Revenue

5.25%,

11/15/2035

1,500‌

1,584‌

Illinois

State

Toll

Highway

Authority

5.00%,

12/01/2031

5,200‌

5,315‌

5.00%,

01/01/2040

(d)

2,000‌

2,035‌

5.25%,

01/01/2043

(d)

2,340‌

2,632‌

Metropolitan

Pier

&

Exposition

Authority

(credit

support

from

Build

America

Mutual

Assurance

Corp

-

Transfer

Custodial

Receipt

)

4.00%,

12/15/2042

(c)

5,000‌

5,001‌

Metropolitan

Pier

&

Exposition

Authority

(credit

support

from

National

Public

Finance

Guarantee

Corp

)

5.50%,

06/15/2029

(c)

2,185‌

2,255‌

Metropolitan

Water

Reclamation

District

of

Greater

Chicago

5.00%,

12/01/2028

4,000‌

4,167‌

5.00%,

12/01/2031

1,000‌

1,036‌

Sales

Tax

Securitization

Corp

5.00%,

01/01/2036

2,700‌

2,907‌

5.00%,

01/01/2040

3,000‌

3,104‌

State

of

Illinois

5.00%,

11/01/2027

2,415‌

2,545‌

5.00%,

11/01/2028

4,590‌

4,820‌

5.00%,

12/01/2032

1,380‌

1,443‌

5.50%,

10/01/2044

6,855‌

7,600‌

United

City

of

Yorkville

IL

5.75%,

03/01/2028

300‌

300‌

Village

of

Gilberts

IL

Special

Service

Area

No

24

5.38%,

03/01/2034

134‌

127‌

$

64,503‌

MUNICIPAL

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Indiana

-

0.71%

City

of

Whiting

IN

3.00%,

11/01/2051

$

455‌

$

368‌

Indiana

Finance

Authority

4.13%,

12/01/2026

1,670‌

1,676‌

Town

of

Shoals

IN

7.25%,

11/01/2043

1,910‌

1,914‌

$

3,958‌

Iowa

-

0.10%

Iowa

Finance

Authority

7.50%,

05/15/2053

500‌

565‌

Kentucky

-

2.06%

County

of

Trimble

KY

1.30%,

09/01/2044

(a)

1,000‌

916‌

Kentucky

Public

Energy

Authority

5.00%,

01/01/2055

(a)

3,000‌

3,228‌

Kentucky

Turnpike

Authority

5.00%,

07/01/2031

6,550‌

7,364‌

$

11,508‌

Louisiana

-

2.68%

Louisiana

Local

Government

Environmental

Facilities

&

Community

Development

Authority

3.50%,

11/01/2032

7,155‌

6,925‌

4.40%,

11/01/2044

(b)

1,700‌

1,704‌

5.50%,

11/01/2039

(b)

2,105‌

2,224‌

Louisiana

Public

Facilities

Authority

0.00%,

07/01/2039

(e)

417‌

—‌

0.00%,

07/01/2039

(e)

659‌

—‌

4.10%,

05/01/2054

(a)

2,000‌

2,000‌

Parish

of

St

James

LA

5.85%,

08/01/2041

(a),(b)

1,000‌

1,015‌

6.10%,

12/01/2040

(a),(b)

1,000‌

1,113‌

$

14,981‌

Massachusetts

-

2.02%

Massachusetts

Bay

Transportation

Authority

Assessment

Revenue

5.25%,

07/01/2028

2,000‌

2,179‌

Massachusetts

Development

Finance

Agency

5.00%,

07/15/2040

7,500‌

9,122‌

$

11,301‌

Michigan

-

3.00%

City

of

Detroit

MI

5.50%,

04/01/2050

1,000‌

1,054‌

Detroit

City

School

District

(credit

support

from

Qualified

School

Bond

Loan

Fund

)

5.00%,

05/01/2036

(c)

1,000‌

1,083‌

5.00%,

05/01/2037

(c)

1,000‌

1,079‌

5.00%,

05/01/2038

(c)

2,000‌

2,143‌

Kentwood

Economic

Development

Corp

5.00%,

11/15/2041

1,000‌

1,007‌

Michigan

Finance

Authority

4.00%,

02/15/2047

3,400‌

3,197‌

Michigan

Strategic

Fund

4.00%,

10/01/2061

(a)

3,800‌

3,811‌

5.00%,

06/30/2048

2,390‌

2,422‌

Wayne

County

Airport

Authority

5.00%,

12/01/2045

1,000‌

1,009‌

$

16,805‌

Mississippi

-

0.09%

Mississippi

Business

Finance

Corp

4.40%,

07/01/2025

(a)

500‌

500‌

Missouri

-

0.75%

City

of

St

Louis

MO

Airport

Revenue

5.00%,

07/01/2034

1,285‌

1,383‌

5.00%,

07/01/2044

1,100‌

1,156‌

Schedule

of

Investments

Tax-Exempt

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

276

MUNICIPAL

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Missouri

(continued)

City

of

St

Louis

MO

Airport

Revenue

(credit

support

from

National

Public

Finance

Guarantee

Corp

)

5.50%,

07/01/2028

(c)

$

1,500‌

$

1,635‌

$

4,174‌

Montana

-

1.22%

County

of

Gallatin

MT

4.00%,

10/15/2041

(b)

5,000‌

4,032‌

Montana

Board

of

Housing

(credit

support

from

Federal

Housing

Administration,

Guaranteed

by

the

Department

of

Veterans

Affairs

and

HUD

)

4.00%,

06/01/2045

(c)

805‌

781‌

Montana

Facility

Finance

Authority

4.13%,

07/01/2038

2,000‌

1,993‌

$

6,806‌

Nevada

-

2.37%

Las

Vegas

Convention

&

Visitors

Authority

5.00%,

07/01/2043

(d)

9,000‌

9,384‌

Las

Vegas

Redevelopment

Agency

5.00%,

06/15/2040

3,850‌

3,897‌

$

13,281‌

New

Hampshire

-

0.39%

New

Hampshire

Business

Finance

Authority

3.75%,

07/01/2045

(a),(b)

1,000‌

845‌

4.13%,

01/20/2034

392‌

390‌

4.88%,

11/01/2042

(b)

1,000‌

962‌

$

2,197‌

New

Jersey

-

5.41%

Casino

Reinvestment

Development

Authority

Inc

5.25%,

11/01/2039

750‌

751‌

New

Jersey

Economic

Development

Authority

5.75%,

04/01/2031

1,005‌

1,024‌

New

Jersey

Transportation

Trust

Fund

Authority

5.25%,

06/15/2032

2,000‌

2,011‌

5.25%,

06/15/2034

2,250‌

2,279‌

New

Jersey

Turnpike

Authority

5.25%,

01/01/2054

1,000‌

1,104‌

South

Jersey

Port

Corp

5.00%,

01/01/2042

5,000‌

5,136‌

State

of

New

Jersey

4.00%,

06/01/2031

5,000‌

5,305‌

5.00%,

06/01/2028

2,100‌

2,260‌

Tobacco

Settlement

Financing

Corp

4.00%,

06/01/2037

5,195‌

5,190‌

5.25%,

06/01/2046

5,000‌

5,178‌

$

30,238‌

New

Mexico

-

0.09%

City

of

Farmington

NM

2.15%,

04/01/2033

600‌

488‌

New

York

-

8.44%

Metropolitan

Transportation

Authority

5.00%,

11/15/2025

400‌

409‌

5.00%,

11/15/2032

1,000‌

1,095‌

5.00%,

11/15/2045

3,025‌

3,207‌

New

York

City

Industrial

Development

Agency

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

5.00%,

01/01/2031

(c)

1,000‌

1,106‌

New

York

City

Municipal

Water

Finance

Authority

5.00%,

06/15/2034

3,500‌

4,133‌

New

York

City

Transitional

Finance

Authority

5.50%,

05/01/2042

3,050‌

3,550‌

New

York

City

Transitional

Finance

Authority

Future

Tax

Secured

Revenue

5.25%,

08/01/2037

3,000‌

3,219‌

5.25%,

11/01/2038

2,835‌

3,244‌

MUNICIPAL

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

New

York

(continued)

New

York

Counties

Tobacco

Trust

VI

5.00%,

06/01/2036

$

740‌

$

753‌

New

York

State

Dormitory

Authority

4.00%,

09/01/2045

1,500‌

1,409‌

New

York

Transportation

Development

Corp

4.00%,

10/31/2041

1,000‌

920‌

4.00%,

12/01/2042

1,000‌

960‌

5.00%,

12/01/2028

2,350‌

2,511‌

5.00%,

01/01/2032

7,200‌

7,428‌

5.00%,

01/01/2034

3,200‌

3,298‌

5.00%,

10/01/2040

2,000‌

2,080‌

5.00%,

07/01/2046

3,500‌

3,495‌

5.63%,

04/01/2040

1,000‌

1,081‌

Tompkins

County

Development

Corp

0.00%,

07/01/2027

(e)

115‌

34‌

Triborough

Bridge

&

Tunnel

Authority

4.13%,

05/15/2054

1,000‌

982‌

Westchester

County

Local

Development

Corp

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

5.75%,

11/01/2048

(c)

2,075‌

2,322‌

$

47,236‌

North

Carolina

-

0.29%

Raleigh

Durham

Airport

Authority

5.00%,

05/01/2033

1,500‌

1,604‌

Ohio

-

5.49%

Buckeye

Tobacco

Settlement

Financing

Authority

4.00%,

06/01/2037

1,125‌

1,136‌

4.00%,

06/01/2039

1,850‌

1,853‌

5.00%,

06/01/2055

7,500‌

6,945‌

County

of

Hamilton

OH

5.00%,

01/01/2036

1,435‌

1,444‌

5.00%,

01/01/2046

2,500‌

2,445‌

Jefferson

County

Port

Authority/OH

5.00%,

12/01/2053

(a),(b)

3,500‌

3,559‌

Ohio

Air

Quality

Development

Authority

4.25%,

01/15/2038

(b)

1,000‌

1,002‌

4.50%,

01/15/2048

(b)

850‌

844‌

Ohio

State

University/The

5.00%,

12/01/2033

5,000‌

5,804‌

State

of

Ohio

3.85%,

01/15/2045

(a)

2,945‌

2,945‌

3.90%,

01/15/2045

(a)

2,750‌

2,750‌

$

30,727‌

Oregon

-

1.00%

State

of

Oregon

Department

of

Transportation

5.00%,

11/15/2034

4,750‌

5,607‌

Other

Territory

-

0.08%

JPMorgan

Chase

Putters/Drivers

Trust

4.55%,

10/09/2024

(a),(b)

250‌

250‌

4.55%,

10/09/2024

(a),(b)

200‌

200‌

$

450‌

Pennsylvania

-

6.24%

Allegheny

County

Industrial

Development

Authority

5.13%,

05/01/2030

1,630‌

1,726‌

City

of

Philadelphia

PA

5.00%,

02/01/2037

2,000‌

2,132‌

Lancaster

Industrial

Development

Authority

4.00%,

07/01/2046

750‌

624‌

4.00%,

07/01/2051

1,000‌

796‌

Pennsylvania

Economic

Development

Financing

Authority

5.50%,

06/30/2043

4,100‌

4,407‌

Pennsylvania

Turnpike

Commission

5.00%,

12/01/2029

2,000‌

2,204‌

5.00%,

12/01/2036

1,725‌

1,796‌

Schedule

of

Investments

Tax-Exempt

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

277

MUNICIPAL

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Pennsylvania

(continued)

Pennsylvania

Turnpike

Commission

Oil

Franchise

Tax

Revenue

5.00%,

12/01/2046

$

4,055‌

$

4,372‌

5.25%,

12/01/2044

4,350‌

4,618‌

Sports

&

Exhibition

Authority

of

Pittsburgh

&

Allegheny

County

(credit

support

from

Assured

Guaranty

Municipal

Corp

)

5.00%,

02/01/2034

(c)

6,895‌

7,633‌

5.00%,

02/01/2035

(c)

4,140‌

4,574‌

$

34,882‌

Puerto

Rico

-

0.62%

Commonwealth

of

Puerto

Rico

0.00%,

07/01/2033

(e)

428‌

288‌

0.00%,

11/01/2043

(a),(e)

1,470‌

901‌

4.00%,

07/01/2033

183‌

183‌

4.00%,

07/01/2037

257‌

250‌

4.00%,

07/01/2041

349‌

327‌

4.00%,

07/01/2046

363‌

332‌

5.63%,

07/01/2027

367‌

383‌

5.63%,

07/01/2029

361‌

388‌

5.75%,

07/01/2031

351‌

388‌

$

3,440‌

South

Carolina

-

1.55%

South

Carolina

Jobs-Economic

Development

Authority

5.25%,

11/15/2047

1,830‌

1,837‌

5.25%,

11/15/2052

1,500‌

1,500‌

6.00%,

06/01/2031

(b)

1,000‌

350‌

6.50%,

06/01/2051

(b)

4,500‌

1,575‌

South

Carolina

Public

Service

Authority

5.25%,

12/01/2049

3,135‌

3,425‌

$

8,687‌

South

Dakota

-

0.26%

Oglala

Sioux

Tribe

5.75%,

10/01/2025

(b)

1,500‌

1,475‌

Tennessee

-

1.24%

Metropolitan

Government

Nashville

&

Davidson

County

Health

&

Educational

Facilities

Board

5.00%,

07/01/2040

4,510‌

4,573‌

Metropolitan

Government

Nashville

&

Davidson

County

Industrial

Development

Board

4.00%,

06/01/2051

(b)

1,000‌

852‌

Tender

Option

Bond

Trust

Receipts/Certificates

4.25%,

12/01/2031

(a),(b)

500‌

500‌

Tennergy

Corp/TN

5.00%,

02/01/2050

(a)

1,000‌

1,003‌

$

6,928‌

Texas

-

7.87%

Central

Texas

Regional

Mobility

Authority

5.00%,

01/01/2048

2,740‌

2,816‌

Central

Texas

Turnpike

System

5.00%,

08/15/2031

1,285‌

1,291‌

City

of

Galveston

TX

Wharves

&

Terminal

Revenue

5.50%,

08/01/2041

(f)

1,800‌

1,968‌

City

of

Houston

TX

Airport

System

Revenue

6.63%,

07/15/2038

5,770‌

5,778‌

Harris

County-Houston

Sports

Authority

5.00%,

11/15/2030

3,000‌

3,010‌

Mizuho

Floater/Residual

Trust

4.27%,

12/01/2037

(a),(b)

3,145‌

3,145‌

North

Texas

Tollway

Authority

5.00%,

01/01/2045

1,000‌

1,003‌

Permanent

University

Fund

-

University

of

Texas

System

5.00%,

07/01/2036

2,000‌

2,381‌

Port

of

Beaumont

Navigation

District

3.63%,

01/01/2035

(b)

4,535‌

4,077‌

MUNICIPAL

BONDS

(continued)

Principal

Amount

(000’s)

Value

(000’s)

Texas

(continued)

Port

of

Port

Arthur

Navigation

District

4.30%,

04/01/2040

(a)

$

3,500‌

$

3,500‌

Tarrant

County

Cultural

Education

Facilities

Finance

Corp

5.00%,

11/15/2037

2,060‌

2,075‌

Texas

Municipal

Gas

Acquisition

and

Supply

Corp

I

6.25%,

12/15/2026

8,440‌

8,705‌

Texas

Private

Activity

Bond

Surface

Transportation

Corp

5.00%,

12/31/2033

4,000‌

4,281‌

$

44,030‌

Utah

-

1.48%

Utah

Infrastructure

Agency

5.00%,

10/15/2028

1,000‌

1,028‌

5.00%,

10/15/2032

4,385‌

4,502‌

5.00%,

10/15/2037

1,500‌

1,536‌

5.38%,

10/15/2040

1,200‌

1,236‌

$

8,302‌

Virginia

-

3.04%

County

of

Botetourt

VA

6.00%,

07/01/2034

1,000‌

1,001‌

6.00%,

07/01/2044

1,000‌

1,000‌

County

of

Fairfax

VA

(credit

support

from

State

Aid

Withholding

)

4.00%,

10/01/2039

(c)

5,000‌

5,191‌

Fairfax

County

Redevelopment

&

Housing

Authority

5.00%,

10/01/2039

3,000‌

3,164‌

Virginia

Public

School

Authority

(credit

support

from

State

Intercept

Program

)

5.00%,

08/01/2030

(c)

3,535‌

3,885‌

Virginia

Small

Business

Financing

Authority

3.00%,

01/01/2041

3,480‌

2,787‌

$

17,028‌

Washington

-

1.01%

Port

of

Seattle

WA

5.00%,

08/01/2030

5,250‌

5,667‌

West

Virginia

-

0.22%

West

Virginia

Economic

Development

Authority

4.12%,

07/01/2045

(a)

1,250‌

1,249‌

Wisconsin

-

0.65%

Public

Finance

Authority

4.00%,

09/30/2051

2,500‌

2,149‌

5.00%,

10/01/2043

(b)

1,500‌

1,501‌

$

3,650‌

TOTAL

MUNICIPAL

BONDS

$

585,657‌

Total

Investments

$

586,142‌

Liability

for

Floating

Rate

Notes

Issued

in

Conjunction

with

Securities

Held

-

(3.55)%

Notes

with

interest

rates

of

3.62%

-

3.79%

at

July

31,

2024

and

contractual

maturities

of

collateral

from

2025-2042.

(g)

$

(19,877‌)

(19,877‌)

Total

Net

Investments

$

566,265‌

Other

Assets

and

Liabilities

-  (1.21)%

(6,788‌)

TOTAL

NET

ASSETS

-

100.00%

$

559,477‌

(a)

Certain

variable

rate

securities

are

not

based

on

a

published

reference

rate

and

spread

but

are

determined

by

the

issuer

or

agent

and

are

based

on

current

market

conditions.  These

securities

do

not

indicate

a

reference

rate

and

spread

in

their

description.

Rate

shown

is

the

rate

in

effect

as

of

period

end.

(b)

Security

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933.

These

securities

may

be

resold

in

transactions

exempt

from

registration,

normally

to

qualified

institutional

buyers.

At

the

end

of

the

period,

the

value

of

these

securities

totaled

$68,417

or

12.23%

of

net

assets.

(c)

Credit

support

indicates

investments

that

benefit

from

credit

enhancement

or

liquidity

support

provided

by

a

third

party

bank,

institution,

or

government

agency.

Schedule

of

Investments

Tax-Exempt

Bond

Fund

July

31,

2024

(unaudited)

See

accompanying

notes.

278

(d)

Security

or

portion

of

underlying

security

related

to

Inverse

Floaters

entered

into

by

the

fund.

(e)

Non-income

producing

security

(f)

Security

purchased

on

a

when-issued

basis.

(g)

Floating

rate

securities.

The

interest

rate(s)

shown

reflect

the

rates

in

effect

at

July

31,

2024.

Glossary

to

the

Schedule

of

Investments

July

31,

2024

(unaudited)

See

accompanying

notes.

279

Currency

Abbreviations

AUD

Australian

Dollar

BRL

Brazilian

Real

CAD

Canadian

Dollar

CHF

Swiss

Franc

CNH

Chinese

Renminbi

COP

Colombian

Peso

DOP

Dominican

Peso

EUR

Euro

GBP

British

Pound

Sterling

HKD

Hong

Kong

Dollar

HUF

Hungarian

Forint

INR

Indian

Rupee

JPY

Japanese

Yen

KRW

South

Korean

Won

MXN

Mexican

Peso

NZD

New

Zealand

Dollar

PEN

Peruvian

Nuevo

Sol

PLN

Polish

Zloty

TRY

Turkish

Lira

USD/$

United

States

Dollar

ZAR

South

African

Rand

July

31,

2024

(unaudited)

280

Security

Valuation.

Principal

LifeTime

2015

Fund,

Principal

LifeTime

2020

Fund,

Principal

LifeTime

2025

Fund,

Principal

LifeTime

2030

Fund,

Principal

LifeTime

2035

Fund,

Principal

LifeTime

2040

Fund,

Principal

LifeTime

2045

Fund,

Principal

LifeTime

2050

Fund,

Principal

LifeTime

2055

Fund,

Principal

LifeTime

2060

Fund,

Principal

LifeTime

2065

Fund,

Principal

LifeTime

2070

Fund,

and

Principal

LifeTime

Strategic

Income

Fund

(collectively,

the

“Principal

LifeTime

Funds”),

Principal

LifeTime

Hybrid

2015

Fund,

Principal

LifeTime

Hybrid

2020

Fund,

Principal

LifeTime

Hybrid

2025

Fund,

Principal

LifeTime

Hybrid

2030

Fund,

Principal

LifeTime

Hybrid

2035

Fund,

Principal

LifeTime

Hybrid

2040

Fund,

Principal

LifeTime

Hybrid

2045

Fund,

Principal

LifeTime

Hybrid

2050

Fund,

Principal

LifeTime

Hybrid

2055

Fund,

Principal

LifeTime

Hybrid

2060

Fund,

Principal

LifeTime

Hybrid

2065

Fund,

Principal

LifeTime

Hybrid

2070

Fund,

and

Principal

LifeTime

Hybrid

Income

Fund

(collectively,

the

“Principal

LifeTime

Hybrid

Funds”),

along

with

the

SAM

Balanced,

SAM

Conservative

Balanced

Portfolio,

SAM

Conservative

Growth

Portfolio,

SAM

Flexible

Income

Portfolio,

and

SAM

Strategic

Growth

Portfolio

(collectively,

the

“SAM

Portfolios”)

invest

in

R-6

and

Institutional

shares

of

other

series

of

Principal

Funds,

Inc.

which

are

valued

at

the

closing

net

asset

value

per

share

of

each

respective

fund

on

the

day

of

valuation.

In

addition,

the

SAM

Portfolios

invest

in

Principal

Exchange-Traded

Funds,

which

are

valued

at

fair

value.

The

SAM

Portfolios

also

invest

in

other

publicly

traded

investment

funds.

Other

publicly

traded

investment

funds

are

valued

at

the

respective

fund’s

net

asset

value.

The

shares

of

the

other

series

of

Principal

Funds,

Inc.,

Principal

Exchange-Traded

Funds

and

other

publicly

traded

investment

funds

are

referred

to

as

the

“Underlying

Funds”.

California

Municipal

Fund,

Core

Fixed

Income

Fund,

Core

Plus

Bond

Fund,

Diversified

Income

Fund,

Diversified

International

Fund,

Equity

Income

Fund,

Finisterre

Emerging

Markets

Total

Return

Bond

Fund,

Global

Emerging

Markets

Fund,

Global

Real

Estate

Securities

Fund,

Government

&

High

Quality

Bond

Fund,

High

Income

Fund,

High

Yield

Fund,

Inflation

Protection

Fund,

International

Equity

Fund,

LargeCap

Growth

Fund

I,

LargeCap

S&P

500

Index

Fund,

LargeCap

Value

Fund

III,

MidCap

Fund,

MidCap

Growth

Fund,

MidCap

Growth

Fund

III,

MidCap

S&P

400

Index

Fund,

MidCap

Value

Fund

I,

Overseas

Fund,

Principal

Capital

Appreciation

Fund,

Real

Estate

Securities

Fund,

Short-

Term

Income

Fund,

SmallCap

Fund,

SmallCap

Growth

Fund

I,

SmallCap

S&P

600

Index

Fund,

SmallCap

Value

Fund

II

and

Tax-Exempt

Bond

Fund

(known

as

the

"Funds")

(with

the

exception

of

Principal

LifeTime

Funds,

Principal

LifeTime

Hybrid

Funds,

and

the

SAM

Portfolios)

value

securities

for

which

market

quotations

are

readily

available

at

fair

value,

which

is

determined

using

the

last

reported

sale

price.

If

no

sales

are

reported,

as

is

regularly

the

case

for

some

securities

traded

over-the-counter,

securities

are

valued

using

the

last

reported

bid

price

or

an

evaluated

bid

price

provided

by

a

pricing

service.

Pricing

services

use

modeling

techniques

that

incorporate

security

characteristics

such

as

current

quotations

by

broker/dealers,

coupon,

maturity,

quality,

type

of

issue,

trading

characteristics,

other

yield

and

risk

factors,

and

other

market

conditions

to

determine

an

evaluated

bid

price

or,

in

the

case

of

certain

credit

default

swaps,

a

mean

price

provided

by

a

pricing

service.

When

reliable

market

quotations

are

not

considered

to

be

readily

available,

which

may

be

the

case,

for

example,

with

respect

to

restricted

securities,

certain

debt

securities,

preferred

stocks,

and

foreign

securities,

the

investments

are

valued

at

their

fair

value

as

determined

in

good

faith

by

the

Manager

under

procedures

established

and

periodically

reviewed

by

the

Fund’s

Board

of

Directors.

The

value

of

foreign

securities

used

in

computing

the

net

asset

value

per

share

is

generally

determined

as

of

the

close

of

the

foreign

exchange

where

the

security

is

principally

traded.

Events

that

occur

after

the

close

of

the

applicable

foreign

market

or

exchange

but

prior

to

the

calculation

of

the

Funds’

net

asset

values

are

reflected

in

the

Funds’

net

asset

values

and

these

securities

are

valued

at

fair

value.

Many

factors,

provided

by

independent

pricing

services,

are

reviewed

in

the

course

of

making

a

good

faith

determination

of

a

security’s

fair

value,

including,

but

not

limited

to,

price

movements

in

ADRs,

futures

contracts,

industry

indices,

general

indices,

and

foreign

currencies.

To

the

extent

the

Funds

invest

in

foreign

securities

listed

on

foreign

exchanges

which

trade

on

days

on

which

the

Funds

do

not

determine

net

asset

values,

for

example

weekends

and

other

customary

national

U.S.

holidays,

the

Funds’

net

asset

values

could

be

significantly

affected

on

days

when

shareholders

cannot

purchase

or

redeem

shares.

Certain

securities

issued

by

companies

in

emerging

market

countries

may

have

more

than

one

quoted

valuation

at

any

given

point

in

time,

sometimes

referred

to

as

a

“local”

price

and

a

“premium”

price.

The

premium

price

is

often

a

negotiated

price,

which

may

not

consistently

represent

a

price

at

which

a

specific

transaction

can

be

effected.

It

is

the

policy

of

the

Funds

to

value

such

securities

at

prices

at

which

it

is

expected

those

shares

may

be

sold,

and

the

Manager

or

any

sub-advisor

is

authorized

to

make

such

determinations

subject

to

such

oversight

by

the

Fund’s

Board

of

Directors

as

may

occasionally

be

necessary.

Fair

value

is

defined

as

the

price

that

the

Funds

would

receive

upon

selling

a

security

or

transferring

a

liability

in

a

timely

transaction

to

an

independent

buyer

in

the

principal

or

most

advantageous

market

of

the

security

at

the

measurement

date.

In

determining

fair

value,

the

Funds

may

use

one

or

more

of

the

following

approaches:

market,

income

and/or

cost.

A

hierarchy

for

inputs

is

used

in

measuring

fair

value

that

maximizes

the

use

of

observable

inputs

and

minimizes

the

use

of

unobservable

inputs

by

requiring

that

the

most

observable

inputs

be

used

when

available.

Observable

inputs

are

inputs

that

reflect

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability

developed

based

on

market

data

obtained

from

sources

independent

of

the

Funds.

Unobservable

inputs

are

inputs

that

reflect

the

Fund’s

own

estimates

about

the

estimates

market

participants

would

use

in

pricing

the

asset

or

liability

developed

based

on

the

best

information

available

in

the

circumstances.

July

31,

2024

(unaudited)

281

The

three-tier

hierarchy

of

inputs

is

summarized

in

the

three

broad

levels

listed

below.

Level

1

–

Quoted

prices

are

available

in

active

markets

for

identical

securities

as

of

the

reporting

date.

Investments

which

are

generally

included

in

this

category

include

listed

equities

and

exchange-traded

derivatives.

Level

2

–

Other

significant

observable

inputs

(including

quoted

prices

for

similar

investments,

interest

rates,

prepayment

speeds,

credit

risk,

etc.).

Investments

which

are

generally

included

in

this

category

include

certain

foreign

equities,

corporate

bonds,

municipal

bonds,

OTC

derivatives,

exchange

cleared

derivatives,

senior

floating

rate

interests,

repurchase

agreements,

and

US

Government

and

Government

Agency

Obligations.

Level

3

–

Significant

unobservable

inputs

(including

the

Funds’

assumptions

in

determining

the

fair

value

of

investments).

Investments

which

may

be

included

in

this

category

include

certain

common

stocks,

convertible

preferred

stocks,

corporate

bonds,

preferred

stocks,

or

senior

floating

rate

interests.

The

availability

of

observable

inputs

can

vary

from

security

to

security

and

is

affected

by

a

wide

variety

of

factors,

including,

for

example,

the

type

of

security,

whether

the

security

is

new

and

not

yet

established

in

the

market

place,

and

other

characteristics

particular

to

the

transaction.

To

the

extent

that

valuation

is

based

on

models

or

inputs

that

are

less

observable

or

unobservable

in

the

market,

the

determination

of

fair

value

requires

more

judgment.

Accordingly,

the

degree

of

judgment

exercised

by

the

Funds

in

determining

fair

value

is

greatest

for

instruments

categorized

in

Level

3.

In

certain

cases,

the

inputs

used

to

measure

fair

value

may

fall

into

different

levels

of

the

fair

value

hierarchy.

In

such

cases,

for

disclosure

purposes,

the

level

in

the

fair

value

hierarchy

within

which

the

fair

value

measurement

in

its

entirety

falls

is

determined

based

on

the

lowest

level

input

that

is

significant

to

the

fair

value

measurement

in

its

entirety.

Fair

value

is

a

market

based

measure

considered

from

the

perspective

of

a

market

participant

who

holds

the

asset

rather

than

an

entity

specific

measure.

Therefore,

even

when

market

assumptions

are

not

readily

available,

the

Fund’s

own

assumptions

are

set

to

reflect

those

that

market

participants

would

use

in

pricing

the

asset

or

liability

at

the

measurement

date.

The

Funds

use

prices

and

inputs

that

are

current

as

of

the

measurement

date,

when

available.

Investments

which

are

included

in

the

Level

3

category

may

be

valued

using

quoted

prices

from

brokers

and

dealers

participating

in

the

market

for

these

investments.

These

investments

are

classified

as

Level

3

investments

due

to

the

lack

of

market

transparency

and

market

corroboration

to

support

these

quoted

prices.

Valuation

models

may

be

used

as

the

pricing

source

for

other

investments

classified

as

Level

3.

Valuation

models

rely

on

one

or

more

significant

unobservable

inputs

such

as:

yield

to

maturity,

EBITDA

multiples,

discount

rates,

available

cash,

or

direct

offering

price.

Significant

increases

in

yield

to

maturity,

EBITDA

multiples,

available

cash,

or

direct

offering

price would

have

resulted

in

significantly

higher

fair

value

measurements.

A

significant

increase

in

discount

rates

would

have

resulted

in

a

significantly

lower

fair

value

measurement.

Benchmark

pricing

procedures

set

the

base

price

of

a

security

based

on

current

market

data.

The

base

price

may

be

a

broker-dealer

quote,

transaction

price,

or

internal

value

based

on

relevant

market

data.

The

fair

values

of

these

securities

are

dependent

on

economic,

political

and

other

considerations.

The

values

of

such

securities

may

be

affected

by

significant

changes

in

the

economic

conditions,

changes

in

government

policies,

and

other

factors

(e.g.,

natural

disasters,

accidents,

conflicts,

etc.).

The

inputs

or

methodology

used

for

valuing

securities

are

not

necessarily

an

indication

of

the

risk

associated

with

investing

in

those

instruments.

The

following

is

a

summary

of

the

inputs

used

as

of

July

31,

2024

in

valuing

the

Funds'

securities

carried

at

value

(amounts

shown

in

thousands):

Fund

Level

1

-

Quoted

Prices

Level

2

-

Other

Significant

Observable

Inputs

Level

3

-

Significant

Unobservable

Inputs

Totals

(Level

1,2,3)

California

Municipal

Fund

Investment

Companies*

$

53

$

—

$

—

$

53

Municipal

Bonds*

—

645,751

—

645,751

Total

investments

in

securities

$

53

$

645,751

$

—

$

645,804

July

31,

2024

(unaudited)

282

Fund

Level

1

-

Quoted

Prices

Level

2

-

Other

Significant

Observable

Inputs

Level

3

-

Significant

Unobservable

Inputs

Totals

(Level

1,2,3)

Core

Fixed

Income

Fund

Bonds*

$

—

$

5,775,705

$

—

$

5,775,705

Common

Stocks

Industrial

—

—

21,011

21,011

Investment

Companies*

142,639

—

—

142,639

U.S.

Government

&

Government

Agency

Obligations*

—

4,983,978

—

4,983,978

Total

investments

in

securities

$

142,639

$

10,759,683

$

21,011

$

10,923,333

Core

Plus

Bond

Fund

Bonds*

—

404,686

9

404,695

Common

Stocks

Consumer,

Cyclical

—

—

2

2

Energy

—

—

29

29

Financial

—

1

—

1

Investment

Companies*

23,971

—

—

23,971

Preferred

Stocks

Government

—

3,481

—

3,481

Senior

Floating

Rate

Interests*

—

13,307

—

13,307

U.S.

Government

&

Government

Agency

Obligations*

—

176,441

—

176,441

Total

investments

in

securities

$

23,971

$

597,916

$

40

$

621,927

Derivative

Assets

Interest

Rate

Contracts

Futures**

3,565

—

—

3,565

Diversified

Income

Fund

Bonds*

—

1,810,181

80,111

1,890,292

Common

Stocks

Basic

Materials

—

1,292

46,885

48,177

Consumer,

Cyclical

—

6,785

4

6,789

Consumer,

Non-cyclical

—

—

468

468

Industrial

—

4,546

5

4,551

Technology

198

414

—

612

Investment

Companies*

192,167

—

—

192,167

Preferred

Stocks

Consumer,

Non-cyclical

—

975

—

975

Financial

16,418

—

—

16,418

Government

—

696

—

696

Utilities

8,912

—

—

8,912

Repurchase

Agreements

—

30,073

—

30,073

Senior

Floating

Rate

Interests*

—

322,591

4,510

327,101

U.S.

Government

&

Government

Agency

Obligations*

—

246,735

—

246,735

Purchased

Credit

Default

Swaptions

—

45

—

45

Total

investments

in

securities

$

217,695

$

2,424,333

$

131,983

$

2,774,011

Short

Sales

U.S.

Government

&

Government

Agency

Obligations*

—

(6,481)

—

(6,481)

Total

Short

Sales

$

—

$

(6,481)

$

—

$

(6,481)

Derivative

Assets

Credit

Contracts

Credit

Default

Swaps

—

621

—

621

Foreign

Exchange

Contracts

Foreign

Currency

Contracts

—

415

—

415

Interest

Rate

Contracts

Futures**

700

—

—

700

Total

Return

Swaps

—

330

—

330

Derivative

Liabilities

Credit

Contracts

Credit

Default

Swaps

—

(120)

—

(120)

Exchange

Cleared

Credit

Default

Swaps**

—

(9)

—

(9)

Written

Credit

Default

Swaptions

—

(12)

—

(12)

Foreign

Exchange

Contracts

Foreign

Currency

Contracts

—

(153)

—

(153)

Interest

Rate

Contracts

Futures**

(352)

—

—

(352)

Total

Return

Swaps

—

(24)

—

(24)

July

31,

2024

(unaudited)

283

Fund

Level

1

-

Quoted

Prices

Level

2

-

Other

Significant

Observable

Inputs

Level

3

-

Significant

Unobservable

Inputs

Totals

(Level

1,2,3)

Diversified

International

Fund

Common

Stocks

Basic

Materials

$

—

$

58,616

$

—

$

58,616

Communications

53,054

326,057

—

379,111

Consumer,

Cyclical

221,797

653,313

—

875,110

Consumer,

Non-cyclical

75,504

806,277

—

881,781

Energy

292,083

95,105

—

387,188

Financial

245,517

1,162,957

—

1,408,474

Industrial

85,339

630,993

—

716,332

Technology

—

692,180

—

692,180

Utilities

—

51,182

—

51,182

Investment

Companies*

83,014

—

—

83,014

Total

investments

in

securities

$

1,056,308

$

4,476,680

$

—

$

5,532,988

Equity

Income

Fund

Common

Stocks*

8,859,445

—

—

8,859,445

Investment

Companies*

218,009

—

—

218,009

Total

investments

in

securities

$

9,077,454

$

—

$

—

$

9,077,454

Finisterre

Emerging

Markets

Total

Return

Bond

Fund

Bonds*

—

490,239

—

490,239

Investment

Companies*

40,624

—

—

40,624

Total

investments

in

securities

$

40,624

$

490,239

$

—

$

530,863

Derivative

Assets

Foreign

Exchange

Contracts

Foreign

Currency

Contracts

—

1,209

—

1,209

Interest

Rate

Contracts

Exchange

Cleared

Interest

Rate

Swaps**

—

533

—

533

Futures**

1,103

—

—

1,103

Total

Return

Swaps

—

862

—

862

Derivative

Liabilities

Credit

Contracts

Credit

Default

Swaps

—

(807)

—

(807)

Exchange

Cleared

Credit

Default

Swaps**

—

(776)

—

(776)

Foreign

Exchange

Contracts

Foreign

Currency

Contracts

—

(882)

—

(882)

Interest

Rate

Contracts

Exchange

Cleared

Interest

Rate

Swaps**

—

(92)

—

(92)

Total

Return

Swaps

—

(67)

—

(67)

Global

Emerging

Markets

Fund

Common

Stocks

Basic

Materials

4,274

5,398

—

9,672

Communications

5,793

31,371

—

37,164

Consumer,

Cyclical

3,850

18,396

—

22,246

Consumer,

Non-cyclical

3,023

22,331

—

25,354

Energy

2,241

6,902

—

9,143

Financial

5,412

46,680

—

52,092

Industrial

5,172

22,851

—

28,023

Technology

2,573

64,583

—

67,156

Utilities

1,561

7,714

—

9,275

Investment

Companies*

4,875

—

—

4,875

Preferred

Stocks

Consumer,

Cyclical

—

1,532

—

1,532

Energy

2,713

—

—

2,713

Financial

—

32

—

32

Total

investments

in

securities

$

41,487

$

227,790

$

—

$

269,277

Global

Real

Estate

Securities

Fund

Common

Stocks

Communications

—

9,443

—

9,443

Consumer,

Cyclical

6,765

—

—

6,765

Financial

1,203,243

603,008

—

1,806,251

July

31,

2024

(unaudited)

284

Fund

Level

1

-

Quoted

Prices

Level

2

-

Other

Significant

Observable

Inputs

Level

3

-

Significant

Unobservable

Inputs

Totals

(Level

1,2,3)

Global

Real

Estate

Securities

Fund

(continued)

Common

Stocks

(continued)

Industrial

$

—

$

10,030

$

—

$

10,030

Investment

Companies*

9,538

—

—

9,538

Total

investments

in

securities

$

1,219,546

$

622,481

$

—

$

1,842,027

Government

&

High

Quality

Bond

Fund

Bonds*

—

215,721

—

215,721

Investment

Companies*

5,105

—

—

5,105

U.S.

Government

&

Government

Agency

Obligations*

—

633,067

—

633,067

Total

investments

in

securities

$

5,105

$

848,788

$

—

$

853,893

Derivative

Assets

Interest

Rate

Contracts

Futures**

779

—

—

779

Derivative

Liabilities

Interest

Rate

Contracts

Futures**

(953)

—

—

(953)

High

Income

Fund

Bonds*

—

3,425,600

12,028

3,437,628

Common

Stocks

Basic

Materials

—

1,029

1,251

2,280

Communications

—

—

—

—

Consumer,

Cyclical

—

1,452

—

1,452

Consumer,

Non-cyclical

—

—

397

397

Energy

—

—

—

—

Industrial

—

4,188

5

4,193

Technology

163

—

—

163

Utilities

—

—

—

—

Investment

Companies*

233,951

—

—

233,951

Preferred

Stocks

Communications

—

—

—

—

Senior

Floating

Rate

Interests*

—

280,301

3,592

283,893

U.S.

Government

&

Government

Agency

Obligations*

—

15,280

—

15,280

Total

investments

in

securities

$

234,114

$

3,727,850

$

17,273

$

3,979,237

Derivative

Assets

Credit

Contracts

Exchange

Cleared

Credit

Default

Swaps**

—

143

—

143

Foreign

Exchange

Contracts

Foreign

Currency

Contracts

—

71

—

71

Interest

Rate

Contracts

Futures**

743

—

—

743

Derivative

Liabilities

Interest

Rate

Contracts

Futures**

(55)

—

—

(55)

High

Yield

Fund

Bonds*

—

2,274,496

95

2,274,591

Common

Stocks

Consumer,

Cyclical

—

—

40

40

Energy

—

—

1,087

1,087

Financial

—

37

—

37

Convertible

Bonds*

—

—

—

—

Investment

Companies*

80,514

—

—

80,514

Senior

Floating

Rate

Interests*

—

211,563

—

211,563

Total

investments

in

securities

$

80,514

$

2,486,096

$

1,222

$

2,567,832

Derivative

Assets

Foreign

Exchange

Contracts

Foreign

Currency

Contracts

—

107

—

107

July

31,

2024

(unaudited)

285

Fund

Level

1

-

Quoted

Prices

Level

2

-

Other

Significant

Observable

Inputs

Level

3

-

Significant

Unobservable

Inputs

Totals

(Level

1,2,3)

Inflation

Protection

Fund

Bonds*

$

—

$

71,509

$

—

$

71,509

Investment

Companies*

1,891

—

—

1,891

U.S.

Government

&

Government

Agency

Obligations*

—

1,797,781

—

1,797,781

Purchased

Options

346

155

—

501

Purchased

Interest

Rate

Swaptions

—

681

—

681

Total

investments

in

securities

$

2,237

$

1,870,126

$

—

$

1,872,363

Derivative

Assets

Credit

Contracts

Exchange

Cleared

Credit

Default

Swaps**

—

196

—

196

Foreign

Exchange

Contracts

Foreign

Currency

Contracts

—

94

—

94

Interest

Rate

Contracts

Exchange

Cleared

Interest

Rate

Swaps**

—

322

—

322

Futures**

259

—

—

259

Derivative

Liabilities

Foreign

Exchange

Contracts

Foreign

Currency

Contracts

—

(398)

—

(398)

Interest

Rate

Contracts

Exchange

Cleared

Interest

Rate

Swaps**

—

(761)

—

(761)

Futures**

(336)

—

—

(336)

Written

Interest

Rate

Swaptions

—

(726)

—

(726)

Written

Options

(266)

—

—

(266)

International

Equity

Fund

Common

Stocks

Basic

Materials

—

3,046

—

3,046

Communications

5,379

25,739

—

31,118

Consumer,

Cyclical

19,768

38,685

—

58,453

Consumer,

Non-cyclical

—

36,731

—

36,731

Energy

23,403

—

—

23,403

Financial

—

64,244

—

64,244

Industrial

—

28,477

—

28,477

Technology

—

37,787

—

37,787

Investment

Companies*

1,630

—

—

1,630

Total

investments

in

securities

$

50,180

$

234,709

$

—

$

284,889

LargeCap

Growth

Fund

I

Common

Stocks

Basic

Materials

9,949

—

—

9,949

Communications

1,951,349

—

—

1,951,349

Consumer,

Cyclical

607,681

—

—

607,681

Consumer,

Non-cyclical

1,668,188

—

—

1,668,188

Energy

37,270

—

—

37,270

Financial

815,024

—

—

815,024

Industrial

551,295

—

—

551,295

Technology

4,307,770

—

2,967

4,310,737

Utilities

3,014

—

—

3,014

Convertible

Preferred

Stocks

Basic

Materials

—

—

2,026

2,026

Consumer,

Cyclical

—

—

3,009

3,009

Technology

—

—

3,794

3,794

Investment

Companies*

314,603

—

—

314,603

Total

investments

in

securities

$

10,266,143

$

—

$

11,796

$

10,277,939

Derivative

Liabilities

Equity

Contracts

Futures**

(346)

—

—

(346)

LargeCap

S&P

500

Index

Fund

Common

Stocks*

8,069,507

—

—

8,069,507

Investment

Companies*

311,970

—

—

311,970

Total

investments

in

securities

$

8,381,477

$

—

$

—

$

8,381,477

Derivative

Liabilities

Equity

Contracts

Futures**

(1,103)

—

—

(1,103)

July

31,

2024

(unaudited)

286

Fund

Level

1

-

Quoted

Prices

Level

2

-

Other

Significant

Observable

Inputs

Level

3

-

Significant

Unobservable

Inputs

Totals

(Level

1,2,3)

LargeCap

Value

Fund

III

Common

Stocks

Basic

Materials

$

118,488

$

—

$

—

$

118,488

Communications

139,010

—

—

139,010

Consumer,

Cyclical

375,484

—

—

375,484

Consumer,

Non-cyclical

736,494

—

—

736,494

Energy

331,756

—

—

331,756

Financial

730,151

—

—

730,151

Industrial

507,223

—

—

507,223

Technology

494,010

—

—

494,010

Utilities

194,266

—

—

194,266

Investment

Companies*

143,744

—

—

143,744

Total

investments

in

securities

$

3,770,626

$

—

$

—

$

3,770,626

Derivative

Liabilities

Equity

Contracts

Futures**

(687)

—

—

(687)

MidCap

Fund

Common

Stocks

Basic

Materials

177,247

3

—

177,250

Communications

777,827

—

—

777,827

Consumer,

Cyclical

6,642,685

—

—

6,642,685

Consumer,

Non-cyclical

699,985

—

—

699,985

Financial

7,735,405

—

—

7,735,405

Industrial

4,761,538

—

—

4,761,538

Technology

4,524,072

—

—

4,524,072

Utilities

866,118

—

—

866,118

Investment

Companies*

5,763

—

—

5,763

Total

investments

in

securities

$

26,190,640

$

3

$

—

$

26,190,643

MidCap

Growth

Fund

Common

Stocks*

202,051

—

—

202,051

Investment

Companies*

3,651

—

—

3,651

Total

investments

in

securities

$

205,702

$

—

$

—

$

205,702

MidCap

Growth

Fund

III

Common

Stocks*

656,942

—

—

656,942

Investment

Companies*

14,741

—

—

14,741

Total

investments

in

securities

$

671,683

$

—

$

—

$

671,683

Derivative

Assets

Equity

Contracts

Futures**

106

—

—

106

MidCap

S&P

400

Index

Fund

Common

Stocks*

1,276,423

—

—

1,276,423

Investment

Companies*

26,615

—

—

26,615

Total

investments

in

securities

$

1,303,038

$

—

$

—

$

1,303,038

Derivative

Assets

Equity

Contracts

Futures**

737

—

—

737

MidCap

Value

Fund

I

Common

Stocks

Basic

Materials

180,228

—

—

180,228

Communications

97,107

—

—

97,107

Consumer,

Cyclical

386,744

—

—

386,744

Consumer,

Non-cyclical

532,782

—

—

532,782

Energy

218,591

—

—

218,591

Financial

783,294

—

—

783,294

Industrial

611,504

—

—

611,504

Technology

244,521

—

—

244,521

July

31,

2024

(unaudited)

287

Fund

Level

1

-

Quoted

Prices

Level

2

-

Other

Significant

Observable

Inputs

Level

3

-

Significant

Unobservable

Inputs

Totals

(Level

1,2,3)

MidCap

Value

Fund

I

(continued)

Common

Stocks

(continued)

Utilities

$

110,682

$

—

$

—

$

110,682

Investment

Companies*

64,746

—

—

64,746

Total

investments

in

securities

$

3,230,199

$

—

$

—

$

3,230,199

Derivative

Assets

Equity

Contracts

Futures**

627

—

—

627

Overseas

Fund

Common

Stocks

Basic

Materials

—

171,516

—

171,516

Communications

—

50,266

—

50,266

Consumer,

Cyclical

2,613

169,214

—

171,827

Consumer,

Non-cyclical

821

496,981

—

497,802

Diversified

—

154

—

154

Energy

40,868

133,927

—

174,795

Financial

4,527

468,309

—

472,836

Industrial

20,423

404,131

—

424,554

Technology

6,022

164,356

—

170,378

Utilities

—

139,686

—

139,686

Investment

Companies*

92,524

—

—

92,524

Preferred

Stocks

Consumer,

Cyclical

—

19,000

—

19,000

Consumer,

Non-cyclical

—

28,332

—

28,332

Total

investments

in

securities

$

167,798

$

2,245,872

$

—

$

2,413,670

Derivative

Assets

Equity

Contracts

Futures**

180

—

—

180

Principal

Capital

Appreciation

Fund

Common

Stocks*

4,574,127

—

—

4,574,127

Investment

Companies*

48,266

—

—

48,266

Total

investments

in

securities

$

4,622,393

$

—

$

—

$

4,622,393

Principal

LifeTime

2015

Fund

Investment

Companies*

242,763

—

—

242,763

Total

investments

in

securities

$

242,763

$

—

$

—

$

242,763

Principal

LifeTime

2020

Fund

Investment

Companies*

2,391,187

—

—

2,391,187

Total

investments

in

securities

$

2,391,187

$

—

$

—

$

2,391,187

Principal

LifeTime

2025

Fund

Investment

Companies*

1,596,278

—

—

1,596,278

Total

investments

in

securities

$

1,596,278

$

—

$

—

$

1,596,278

Principal

LifeTime

2030

Fund

Investment

Companies*

5,523,278

—

—

5,523,278

Total

investments

in

securities

$

5,523,278

$

—

$

—

$

5,523,278

Principal

LifeTime

2035

Fund

Investment

Companies*

1,977,479

—

—

1,977,479

Total

investments

in

securities

$

1,977,479

$

—

$

—

$

1,977,479

Principal

LifeTime

2040

Fund

Investment

Companies*

4,724,560

—

—

4,724,560

Total

investments

in

securities

$

4,724,560

$

—

$

—

$

4,724,560

Principal

LifeTime

2045

Fund

Investment

Companies*

1,664,906

—

—

1,664,906

Total

investments

in

securities

$

1,664,906

$

—

$

—

$

1,664,906

July

31,

2024

(unaudited)

288

Fund

Level

1

-

Quoted

Prices

Level

2

-

Other

Significant

Observable

Inputs

Level

3

-

Significant

Unobservable

Inputs

Totals

(Level

1,2,3)

Principal

LifeTime

2050

Fund

Investment

Companies*

$

3,294,181

$

—

$

—

$

3,294,181

Total

investments

in

securities

$

3,294,181

$

—

$

—

$

3,294,181

Principal

LifeTime

2055

Fund

Investment

Companies*

1,100,783

—

—

1,100,783

Total

investments

in

securities

$

1,100,783

$

—

$

—

$

1,100,783

Principal

LifeTime

2060

Fund

Investment

Companies*

1,042,025

—

—

1,042,025

Total

investments

in

securities

$

1,042,025

$

—

$

—

$

1,042,025

Principal

LifeTime

2065

Fund

Investment

Companies*

207,854

—

—

207,854

Total

investments

in

securities

$

207,854

$

—

$

—

$

207,854

Principal

LifeTime

2070

Fund

Investment

Companies*

35,207

—

—

35,207

Total

investments

in

securities

$

35,207

$

—

$

—

$

35,207

Principal

LifeTime

Hybrid

2015

Fund

Investment

Companies*

304,370

—

—

304,370

Total

investments

in

securities

$

304,370

$

—

$

—

$

304,370

Principal

LifeTime

Hybrid

2020

Fund

Investment

Companies*

534,732

—

—

534,732

Total

investments

in

securities

$

534,732

$

—

$

—

$

534,732

Principal

LifeTime

Hybrid

2025

Fund

Investment

Companies*

849,011

—

—

849,011

Total

investments

in

securities

$

849,011

$

—

$

—

$

849,011

Principal

LifeTime

Hybrid

2030

Fund

Investment

Companies*

937,965

—

—

937,965

Total

investments

in

securities

$

937,965

$

—

$

—

$

937,965

Principal

LifeTime

Hybrid

2035

Fund

Investment

Companies*

689,757

—

—

689,757

Total

investments

in

securities

$

689,757

$

—

$

—

$

689,757

Principal

LifeTime

Hybrid

2040

Fund

Investment

Companies*

744,238

—

—

744,238

Total

investments

in

securities

$

744,238

$

—

$

—

$

744,238

Principal

LifeTime

Hybrid

2045

Fund

Investment

Companies*

460,569

—

—

460,569

Total

investments

in

securities

$

460,569

$

—

$

—

$

460,569

Principal

LifeTime

Hybrid

2050

Fund

Investment

Companies*

414,516

—

—

414,516

Total

investments

in

securities

$

414,516

$

—

$

—

$

414,516

Principal

LifeTime

Hybrid

2055

Fund

Investment

Companies*

253,635

—

—

253,635

Total

investments

in

securities

$

253,635

$

—

$

—

$

253,635

July

31,

2024

(unaudited)

289

Fund

Level

1

-

Quoted

Prices

Level

2

-

Other

Significant

Observable

Inputs

Level

3

-

Significant

Unobservable

Inputs

Totals

(Level

1,2,3)

Principal

LifeTime

Hybrid

2060

Fund

Investment

Companies*

$

132,051

$

—

$

—

$

132,051

Total

investments

in

securities

$

132,051

$

—

$

—

$

132,051

Principal

LifeTime

Hybrid

2065

Fund

Investment

Companies*

41,192

—

—

41,192

Total

investments

in

securities

$

41,192

$

—

$

—

$

41,192

Principal

LifeTime

Hybrid

2070

Fund

Investment

Companies*

3,596

—

—

3,596

Total

investments

in

securities

$

3,596

$

—

$

—

$

3,596

Principal

LifeTime

Hybrid

Income

Fund

Investment

Companies*

143,813

—

—

143,813

Total

investments

in

securities

$

143,813

$

—

$

—

$

143,813

Principal

LifeTime

Strategic

Income

Fund

Investment

Companies*

801,488

—

—

801,488

Total

investments

in

securities

$

801,488

$

—

$

—

$

801,488

Real

Estate

Securities

Fund

Common

Stocks*

6,255,675

—

—

6,255,675

Investment

Companies*

52,949

—

—

52,949

Total

investments

in

securities

$

6,308,624

$

—

$

—

$

6,308,624

SAM

Balanced

Portfolio

Investment

Companies*

4,610,995

—

—

4,610,995

Total

investments

in

securities

$

4,610,995

$

—

$

—

$

4,610,995

SAM

Conservative

Balanced

Portfolio

Investment

Companies*

1,856,073

—

—

1,856,073

Total

investments

in

securities

$

1,856,073

$

—

$

—

$

1,856,073

SAM

Conservative

Growth

Portfolio

Investment

Companies*

3,199,573

—

—

3,199,573

Total

investments

in

securities

$

3,199,573

$

—

$

—

$

3,199,573

SAM

Flexible

Income

Portfolio

Investment

Companies*

2,382,545

—

—

2,382,545

Total

investments

in

securities

$

2,382,545

$

—

$

—

$

2,382,545

SAM

Strategic

Growth

Portfolio

Investment

Companies*

2,262,583

—

—

2,262,583

Total

investments

in

securities

$

2,262,583

$

—

$

—

$

2,262,583

Short-Term

Income

Fund

Bonds*

—

2,766,434

—

2,766,434

Investment

Companies*

146,776

—

—

146,776

U.S.

Government

&

Government

Agency

Obligations*

—

194,366

—

194,366

Total

investments

in

securities

$

146,776

$

2,960,800

$

—

$

3,107,576

Derivative

Assets

Interest

Rate

Contracts

Futures**

3,629

—

—

3,629

SmallCap

Fund

Common

Stocks*

1,626,738

—

—

1,626,738

Investment

Companies*

22,751

—

—

22,751

Total

investments

in

securities

$

1,649,489

$

—

$

—

$

1,649,489

July

31,

2024

(unaudited)

290

Certain

detailed

information

is

provided

for

those

Funds

with

significant

investments

in

Level

3

securities.

Significant

unobservable

inputs

used

in

the

fair

value

measurements

categorized

within

Level

3

of

the

fair

value

hierarchy

is

as

follows

(amounts

in

thousands):

Fund

Level

1

-

Quoted

Prices

Level

2

-

Other

Significant

Observable

Inputs

Level

3

-

Significant

Unobservable

Inputs

Totals

(Level

1,2,3)

SmallCap

Growth

Fund

I

Common

Stocks

Basic

Materials

$

72,248

$

—

$

—

$

72,248

Communications

86,927

—

—

86,927

Consumer,

Cyclical

208,149

—

—

208,149

Consumer,

Non-cyclical

731,398

—

2

731,400

Energy

96,039

—

—

96,039

Financial

211,937

—

—

211,937

Industrial

576,001

—

—

576,001

Technology

466,879

—

—

466,879

Utilities

884

—

—

884

Investment

Companies*

132,319

—

—

132,319

Total

investments

in

securities

$

2,582,781

$

—

$

2

$

2,582,783

Derivative

Assets

Equity

Contracts

Futures**

162

—

—

162

SmallCap

S&P

600

Index

Fund

Common

Stocks

Basic

Materials

52,512

—

—

52,512

Communications

48,787

—

—

48,787

Consumer,

Cyclical

197,070

—

—

197,070

Consumer,

Non-cyclical

220,321

—

—

220,321

Energy

73,444

—

—

73,444

Financial

336,480

—

—

336,480

Industrial

210,318

—

—

210,318

Technology

87,453

—

—

87,453

Utilities

26,287

—

—

26,287

Investment

Companies*

33,949

—

—

33,949

Total

investments

in

securities

$

1,286,621

$

—

$

—

$

1,286,621

Derivative

Assets

Equity

Contracts

Futures**

2,070

—

—

2,070

SmallCap

Value

Fund

II

Common

Stocks

Basic

Materials

71,953

—

—

71,953

Communications

14,578

—

—

14,578

Consumer,

Cyclical

259,444

—

—

259,444

Consumer,

Non-cyclical

202,862

—

5

202,867

Energy

113,728

—

—

113,728

Financial

490,518

—

—

490,518

Government

93

—

—

93

Industrial

257,400

—

—

257,400

Technology

67,299

—

—

67,299

Utilities

50,416

—

—

50,416

Investment

Companies*

71,832

—

—

71,832

Total

investments

in

securities

$

1,600,123

$

—

$

5

$

1,600,128

Derivative

Assets

Equity

Contracts

Futures**

364

—

—

364

Tax-Exempt

Bond

Fund

Investment

Companies*

485

—

—

485

Municipal

Bonds*

—

585,657

—

585,657

Total

investments

in

securities

$

485

$

585,657

$

—

$

586,142

Fund

Asset

Type

Fair

Value

as

of

July

31,

2024

Valuation

Technique

Unobservable

Input

Input

Valuations

(weighted

average)*

Impact

to

valuation

if

input

had

increased

Diversified

Income

Fund

Bonds

$

60,983

Yield

Analysis

Yield

to

Maturity

12.5%

–

15.1%

(14.2%)

Increase

July

31,

2024

(unaudited)

291

*Unobservable

inputs

were

weighted

by

the

relative

fair

value

of

the

instruments.

**During

the

period,

the

valuation

technique

for

SportsNet

New

York

changed

from

yield

analysis

to

Enterprise

Valuation

Model

driven

by

both

EBITDA

Multiples

and

Discount

Rates.

The

changes

in

investments

measured

at

fair

value

for

which

Level

3

inputs

have

been

used

to

determine

fair

value

are

as

follows

(amounts

in

thousands):

*Securities

are

transferred

into

Level

3

for

a

variety

of

reasons

including,

but

not

limited

to:

1.

Securities

where

trading

has

been

halted

2.

Securities

that

have

certain

restrictions

on

trading

3.

Instances

in

which

a

security

is

not

priced

by

a

pricing

service

**Securities

are

transferred

out

of

Level

3

for

a

variety

of

reasons

including,

but

not

limited

to:

1.

Securities

where

trading

resumes

2.

Securities

where

trading

restrictions

have

expired

3.

Instances

in

which

a

price

becomes

available

from

a

pricing

service

At

the

end

of

the

year,

there

were

no

other

Funds

which

had

a

significant

Level

3

balance.

During

the

year,

there

were

no

significant

purchases,

sales,

or

transfers

into

or

out

of

Level

3,

except

as

noted

above. 

The

Funds'

Schedules

of

Investments

as

of

July

31,

2024

have

not

been

audited.

This

report

is

provided

for

the

general

information

of

the

Funds'

shareholders.

For

more

information

regarding

the

Fund

and

its

holdings,

please

see

the

Funds'

prospectus

and

annual

report.

Fund

Asset

Type

Fair

Value

as

of

July

31,

2024

Valuation

Technique

Unobservable

Input

Input

Valuations

(weighted

average)*

Impact

to

valuation

if

input

had

increased

—

Litigation

Settlement

Proceeds

Expected

Recovery

$0.00

Decrease

19,128

Enterprise

Valuation

Model

EBITDA

Multiples**

6.3x

Increase

—

Discounted

Cash

Flow

Discount

Rate

12.0%

Decrease

Common

Stocks

45,782

Enterprise

Valuation

Model

EBITDA

Multiples

4.9

–

9.0x

(6.2x)

Increase

—

Discounted

Cash

Flow

Discount

Rate

14.2%

–

17.2%

(15.3%)

Decrease

1,571

Liquidation

Analysis

Discount

Rate

56.8%

Decrease

9

Market

Quotations

Broker

Quote

$

0.10-1.00

($0.47)

Increase

Senior

Floating

Rate

Interests

4,510

Precedent

Transaction

Analysis

Direct

Offering

Price

$

100.00

Increase

Total

$

131,983

Fund

Value

as

of

October

31,

2023

Realized

Gain/

(Loss)

Accrued

Discounts/

Premiums

and

Change

in

Unrealized

Gain/

(Loss)

Purchases

Proceeds

from

Sales

Transfers

into

Level

3*

Transfers

Out

of

Level

3**

Value

as

of

July

31,

2024

Net

Change

in

Unrealized

Appreciation/

(Depreciation)

on

Investments

held

at

July

31,

2024

Diversified

Income

Fund

Bonds

$

80,444

$

—

$

(45)

$

2,504

$

(2,792)

$

—

$

—

$

80,111

$

(311)

Common

Stock

41,860

—

5,202

300

—

—

—

47,362

5,201

Senior

Floating

Rate

Interests

4,510

—

—

—

—

—

—

4,510

1

Total

$

126,814

$

—

$

5,157

$

2,804

$

(2,792)

$

—

$

—

$

131,983

$

4,891