Green CALIFORNIA TAX FREE INCOME FUND

Portfolio of Investments (Unaudited)

November 30, 2022

 

SECURITY DESCRIPTION		Par Value				Value
Municipal Bonds (92.85%)
CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY
California Educational Facilities Authority, 5.000%, 4/1/2051		$	1,500,000			$	1,772,867
CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY
California Health Facilities Financing Authority, 5.000%, 11/1/2027			1,700,000				1,889,421
CALIFORNIA HOUSING FINANCE AGENCY
California Housing Finance Agency, 4.000%, 3/20/2033			357,677				347,173
CALIFORNIA INFRASTRUCTURE & ECONOMIC DEVELOPMENT BANK
California Infrastructure & Economic Development Bank, 5.000%, 10/1/2033			1,200,000				1,287,178
CALIFORNIA MUNICIPAL FINANCE AUTHORITY
California Municipal Finance Authority, 5.000%, 5/15/2038			800,000				808,596
California Municipal Finance Authority, 5.000%, 10/1/2044			480,000				505,193
CITY OF LOS ANGELES CA WASTEWATER SYSTEM REVENUE
City of Los Angeles CA Wastewater System Revenue, 5.000%, 6/1/2044			500,000				517,060
City of Los Angeles CA Wastewater System Revenue, 5.250%, 6/1/2047			1,500,000				1,603,958
CITY OF ROSEVILLE CA ELECTRIC SYSTEM REVENUE
City of Roseville CA Electric System Revenue, 5.000%, 2/1/2025			750,000				762,420
CITY OF SAN FRANCISCO CA PUBLIC UTILITIES COMMISSION WATER REVENUE
City of San Francisco CA Public Utilities Commission Water Revenue, 5.000%, 11/1/2034			1,000,000				1,090,942
EAST BAY MUNICIPAL UTILITY DISTRICT WATER SYSTEM REVENUE
East Bay Municipal Utility District Water System Revenue, 5.000%, 6/1/2026			2,050,000				2,171,344
East Bay Municipal Utility District Water System Revenue, 5.000%, 6/1/2032			150,000				164,950
EAST SIDE UNION HIGH SCHOOL DISTRICT
East Side Union High School District, 5.250%, 9/1/2023			975,000				994,738
FOOTHIL-DE ANZA COMMUNITY COLLEGE DISTRICT
Foothill-De Anza Community College District, 0.000%, 8/1/2027			2,000,000				1,739,133
LA MIRADA REDEVELOPMENT AGENCY SUCCESSOR AGENCY
La Mirada Redevelopment Agency Successor Agency, 5.000%, 8/15/2023			1,000,000				1,016,191
LOS ANGELES COMMUNITY COLLEGE DISTRICT/CA
Los Angeles Community College District/CA, 5.000%, 8/1/2028			865,000				900,940
LOS ANGELES COUNTY METROPOLITAN TRANSPORTATION AUTHORITY SALES TAXE REVENUE
Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue, 4.000%, 7/1/2028			500,000				516,576
Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue, 5.000%, 7/1/2023			1,500,000				1,522,731
LOS RIOS COMMUNITY COLLEGE DISTRICT
Los Rios Community College District, 5.000%, 8/1/2032			2,500,000				2,539,237
MILPITAS UNIFIED SCHOOL DISTRICT/CA
Milpitas Unified School District/CA, 3.000%, 8/1/2034			2,000,000				1,881,655
MOUNT SAN ANTONIO COMMUNITY COLLEGE DISTRICT
Mount San Antonio Community College District, 5.000%, 8/1/2034			345,000				350,828
PENINSULA CORRIDOR JOINT POWERS BOARD/CA
Peninsula Corridor Joint Powers Board/CA, 5.000%, 6/1/2036			200,000				227,820
PORT OF LOS ANGELES
Port of Los Angeles, 4.000%, 8/1/2023			290,000				293,060
SACRAMENTO MUNICIPAL UTILITY DISTRICT
Sacramento Municipal Utility District, 5.250%, 7/1/2024			525,000				540,241
SAN DIEGO COMMUNITY COLLEGE DISTRICT
San Diego Community College District, 5.000%, 8/1/2027			1,175,000				1,195,475

 

 

SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT
San Francisco Bay Area Rapid Transit District, 4.000%, 8/1/2034			645,000				670,348
San Francisco Bay Area Rapid Transit District, 5.000%, 8/1/2036			2,300,000				2,492,230
SAN FRANCISO CITY & COUNTY PUBLIC UTILITIES COMMISSION POWER REVENUE
San Francisco City & County Public Utilities Commission Power Revenue, 5.000%, 11/1/2030			680,000				718,904
San Francisco City & County Public Utilities Commission Power Revenue, 5.000%, 11/1/2036			1,170,000				1,224,467
SAN MATEO FOSTER CITY PUBLIC FINANCING AUTHORITY
San Mateo Foster City Public Financing Authority, 4.000%, 8/1/2044			2,000,000				1,966,023
SANTA CLARA VALLEY TRANSPORTATION AUTHORITY
Santa Clara Valley Transportation Authority, 5.000%, 4/1/2034			1,000,000				1,055,600
SANTA MARIA JOINT UNION HIGH SCHOOL DISTRICT
Santa Maria Joint Union High School District, 0.000%, 8/1/2029			2,500,000				2,011,774
STATE OF CALIFORNIA
State of California, 3.000%, 10/1/2028			900,000				902,191
TURLOCK IRRIGATION DISTRICT
Turlock Irrigation District, 5.000%, 1/1/2036			300,000				333,737
UNIVERSITY OF CALIFORNIA
University of California, 5.000%, 5/15/2029			925,000				957,161
WALNUT VALLEY UNIFIED SCHOOL DISTRICT
Walnut Valley Unified School District, 5.000%, 8/1/2036			835,000				958,133
WILLIAM S HART UNION HIGH SCHOOL DISTRICT
William S Hart Union High School District, 0.000%, 9/1/2029			3,595,000				2,919,561
Total Municipal Bonds (Cost $43,465,531)							42,849,856
Variable Rate Demand Notes* (6.07%)
Los Angeles Department of Water & Power Water System Revenue, 0.600%, 7/1/2045*,**,***			1,000,000				1,000,000
Orange County Water District, 1.460%, 8/1/2042*,**,***			1,500,000				1,500,000
Santa Clara Valley Transportation Authority, 0.700%, 4/1/2036*,**,***			300,000				300,000
Total Variable Rate Demand Notes ( Cost $2,800,000)							2,800,000
Total Investments (Cost $46,265,531) (98.92%)						$	45,649,856
Other Net Assets (1.08%)							500,057
Net Assets (100.00%)						$	46,149,913

 

* Stated maturity reflects next reset date.  

** In accordance with the offering documents, daily interest rates are determined by the Remarketing Agents.  

*** Rate Effective as of November 30, 2022

 

 

U.S. GOVERNMENT SECURITIES FUND

Portfolio of Investments (Unaudited)  

November 30, 2022

 

Security Description		Par Value				Value
Government National Mortgage Association (2.11%)
3.500%, 11/20/2044			105,794			$	99,859
5.000%, 3/15/2038			81,936				83,363
5.500%, 1/15/2025			7,730				7,888
5.500%, 4/15/2036			57,299				58,579
6.000%, 1/15/2026			40,549				42,720
6.000%, 6/15/2038			27,007				28,603
Total Government National Mortgage Association (Cost $323,443)							321,012
United States Treasury Bonds (12.19%)
5.000%, 5/15/2037			500,000				569,102
6.000%, 2/15/2026			800,000				845,094
6.375%, 8/15/2027			400,000				441,438
Total United States Treasury Bonds (Cost $1,966,861)							1,855,634
United States Treasury Notes (76.79%)
2.000%, 2/15/2025			800,000				761,219
2.125%, 2/29/2024			1,300,000				1,260,441
2.125%, 5/15/2025			2,200,000				2,091,977
2.250%, 8/15/2027			3,800,000				3,534,442
2.375%, 4/30/2026			800,000				757,438
2.375%, 5/15/2029			500,000				459,004
2.500%, 8/15/2023			1,700,000				1,673,562
3.125%, 11/15/2028			1,200,000				1,153,406
Total United States Treasury Notes (Cost $12,527,749)							11,691,489
United States Treasury Bills (8.29%)
0.375%, 8/15/2024			500,000				466,289
0.625%, 7/31/2026			900,000				796,430
Total United States Treasury Bills (Cost $1,396,079)							1,262,719
Total Investments (Cost $16,214,132) (99.38%)						$	15,130,854
Other Net Assets (0.62%)							94,162
Net Assets (100.00%)						$	15,225,016

 

 

THE UNITED STATES TREASURY TRUST  

Portfolio of Investments (Unaudited)  

November 30, 2022

 

Security Description		Par Value				Value
United States Treasury Bills, DN(a) (99.51%)
12/1/2022		$	1,500,000			$	1,500,000
12/6/2022			2,000,000				1,999,033
12/8/2022			3,700,000				3,697,360
12/13/2022			2,400,000				2,397,640
12/20/2022			3,800,000				3,793,039
12/22/2022			1,100,000				1,098,451
01/19/2023			1,400,000				1,394,712
01/31/2023			1,300,000				1,292,128
02/2/2023			2,200,000				2,187,996
02/9/2023			2,200,000				2,182,461
03/7/2023			1,500,000				1,483,328
Total United States Treasury Bills, DN (Cost $23,026,148)							23,026,148
Total Investments (Cost $23,026,148) (99.51%)						$	23,026,148
Other Net Assets (0.49%)							113,508
Net Assets (100.00%)						$	23,139,656

 

(a) Discount Note. Yield to maturity is between 3.11% - 4.36%.

 

 

S&P 500 INDEX FUND  

Portfolio of Investments (Unaudited)  

November 30, 2022

 

Security Description		Shares				Value
Common Stock (103.08%)
Basic Materials (2.29%)
Air Products and Chemicals Inc			1,404			$	435,465
Albemarle Corp			729				202,655
CF Industries Holdings Inc			1,316				142,378
Celanese Corp			763				81,870
Dow Inc			4,596				234,258
DuPont de Nemours Inc#			3,319				234,023
Eastman Chemical Co			893				77,352
Ecolab Inc			1,564				234,334
FMC Corp			795				103,859
Freeport-McMoRan Inc			9,035				359,593
International Flavors & Fragrances Inc#			1,613				170,688
International Paper Co			2,339				86,824
Linde PLC			3,177				1,068,997
LyondellBasell Industries NV			1,667				141,712
The Mosaic Co			2,068				106,088
Newmont Corp			5,010				237,825
Nucor Corp			1,728				259,114
PPG Industries Inc			1,558				210,673
The Sherwin-Williams Co			1,539				383,488
Total Basic Materials							4,771,196
Communications (11.65%)
Alphabet Inc - A*			37,827				3,820,149
Alphabet Inc - C*			34,683				3,518,590
Amazon.com Inc*,(a)			55,024				5,312,017
Arista Networks Inc*			1,464				203,935
AT&T Inc			45,311				873,596
Booking Holdings Inc*			255				530,260
CDW Corp			853				160,910
Charter Communications Inc*			731				286,033
Cisco Systems Inc			26,226				1,303,957
Comcast Corp			28,224				1,034,127
Corning Inc			4,990				170,309
DISH Network Corp*			1,784				28,633
eBay Inc#			3,534				160,585
Etsy Inc*,#			797				105,276
Expedia Group Inc*			887				94,767
F5 Inc*			424				65,555
FactSet Research Systems Inc			239				110,248
Fox Corp			913				27,865
Gen Digital Inc			4,015				92,184
The Interpublic Group of Cos Inc			2,667				91,638
Juniper Networks Inc			2,302				76,518
Lumen Technologies Inc			6,449				35,276
Match Group Inc*			1,756				88,783
Meta Platforms Inc*,(a)			14,479				1,709,970
Motorola Solutions Inc			1,074				292,343
Netflix Inc*			2,808				857,928
News Corp			2,672				51,169
News Corp#			910				17,700
Omnicom Group Inc			1,397				111,425
Paramount Global#			3,816				76,625
T-Mobile US Inc*			3,719				563,280
VeriSign Inc*			617				123,283
Verizon Communications Inc			26,273				1,024,122
Warner Bros Discovery Inc*			13,955				159,087
The Walt Disney Co*			11,531				1,128,539
Total Communications							24,306,682
Consumer, Cyclical (9.60%)
Advance Auto Parts Inc			415				62,661
Alaska Air Group Inc*			808				38,332
American Airlines Group Inc*			3,057				44,113
Aptiv PLC*			1,715				182,939
AutoZone Inc*			27				69,633
Bath & Body Works Inc			1,525				64,813
Best Buy Co Inc			1,278				109,013
BorgWarner Inc			1,412				60,024
Caesars Entertainment Inc*			945				48,015
CarMax Inc*			1,034				71,718
Carnival Corp*			5,174				51,378
Copart Inc*			2,814				187,300
Costco Wholesale Corp			2,805				1,512,596
Cummins Inc			904				227,049
Darden Restaurants Inc			850				124,942
Delta Air Lines Inc*			4,086				144,522
Dollar General Corp			1,444				369,202
Dollar Tree Inc*,#			1,421				213,562
Domino's Pizza Inc			233				90,574

 

 

DR Horton Inc#			2,022				173,892
Fastenal Co			3,749				193,111
Ford Motor Co			24,832				345,165
General Motors Co			9,176				372,179
Genuine Parts Co			908				166,464
Hasbro Inc			832				52,266
Hilton Worldwide Holdings Inc			1,779				253,721
The Home Depot Inc#			6,523				2,113,387
Las Vegas Sands Corp*			2,145				100,472
Lennar Corp#			1,632				143,339
Live Nation Entertainment Inc*			836				60,827
LKQ Corp			1,642				89,210
Lowe's Cos Inc			4,173				886,971
Marriott International Inc			1,737				287,213
McDonald's Corp			4,668				1,273,384
MGM Resorts International			2,232				82,272
Newell Brands Inc#			2,691				34,902
NIKE Inc			8,010				878,617
Norwegian Cruise Line Holdings Ltd*			1,599				26,288
NVR Inc*			21				97,419
O'Reilly Automotive Inc*			414				357,920
PACCAR Inc			2,262				239,568
Pool Corp#			269				88,611
PulteGroup Inc			1,500				67,170
Ralph Lauren Corp			314				35,520
Ross Stores Inc#			2,209				259,933
Royal Caribbean Cruises Ltd*			1,236				74,073
Southwest Airlines Co*			3,416				136,333
Starbucks Corp			7,240				739,928
Tapestry Inc#			1,811				68,401
Target Corp			2,919				487,677
Tesla Inc*			15,831				3,082,296
The TJX Cos Inc			7,414				593,491
Tractor Supply Co			706				159,775
Ulta Beauty Inc*			329				152,932
United Airlines Holdings Inc*			1,732				76,502
VF Corp			2,109				69,217
Walgreens Boots Alliance Inc			4,694				194,801
Walmart Inc			8,832				1,346,173
Whirlpool Corp			354				51,872
WW Grainger Inc			277				167,048
Wynn Resorts Ltd*			526				44,005
Yum! Brands Inc			1,794				230,816
Total Consumer, Cyclical							20,027,547
Consumer, Non-Cyclical (23.36%)
Abbott Laboratories			11,054				1,189,189
AbbVie Inc			11,112				1,791,032
ABIOMED Inc*			310				117,115
Align Technology Inc*			473				93,020
Altria Group Inc			11,430				532,409
AmerisourceBergen Corp			952				162,497
Amgen Inc			3,372				965,741
Archer-Daniels-Midland Co#			3,634				354,315
Automatic Data Processing Inc			2,637				696,537
Avery Dennison Corp			514				99,372
Baxter International Inc			3,172				179,313
Becton Dickinson and Co			1,799				448,563
Biogen Inc*			924				281,977
Bio-Rad Laboratories Inc*			147				60,962
Bio-Techne Corp			984				83,630
Boston Scientific Corp*			9,036				409,060
Bristol-Myers Squibb Co			13,441				1,079,043
Brown-Forman Corp			1,153				84,192
Campbell Soup Co			1,162				62,365
Cardinal Health Inc			1,714				137,411
Catalent Inc*			1,096				54,942
Centene Corp*			3,700				322,085
Charles River Laboratories International Inc*			322				73,600
Church & Dwight Co Inc			1,558				127,553
Cigna Corp			2,003				658,767
Cintas Corp			549				253,517
The Clorox Co			779				115,798
The Coca-Cola Co#			24,654				1,568,241
Colgate-Palmolive Co			5,290				409,869
Conagra Brands Inc			3,029				115,041
Constellation Brands Inc			1,027				264,298
Corteva Inc			4,568				306,787
CVS Health Corp			8,246				840,102
Danaher Corp			4,032				1,102,389
DaVita Inc*			482				35,538
DENTSPLY SIRONA Inc			1,160				35,102
Dexcom Inc*			2,508				291,630
Edwards Lifesciences Corp*,#			3,955				305,524
Elevance Health Inc			1,522				811,104
Eli Lilly & Co			4,978				1,847,236
The Estee Lauder Cos Inc			1,489				351,091
Equifax Inc			794				156,712
FleetCor Technologies Inc*			488				95,746

 

 

Gartner Inc*			508				177,988
General Mills Inc			3,801				324,225
Gilead Sciences Inc			7,918				695,438
Global Payments Inc			1,777				184,417
HCA Healthcare Inc			1,436				344,956
Henry Schein Inc*			871				70,481
her The Hershey Co			941				221,295
Hologic Inc*			1,678				127,796
Hormel Foods Corp			1,912				89,864
Humana Inc			798				438,820
IDEXX Laboratories Inc*			539				229,544
Illumina Inc*			953				207,830
Incyte Corp*			1,229				97,914
Intuitive Surgical Inc*			2,274				614,867
IQVIA Holdings Inc*			1,146				249,851
The J M Smucker Co			745				114,737
Johnson & Johnson			16,547				2,945,366
Kellogg Co			1,661				121,170
Keurig Dr Pepper Inc			4,656				180,048
Kimberly-Clark Corp			2,137				289,841
The Kraft Heinz Co			4,282				168,497
The Kroger Co			4,315				212,255
Laboratory Corp of America Holdings			585				140,810
Lamb Weston Holdings Inc			955				82,990
MarketAxess Holdings Inc			260				69,659
McCormick & Co Inc			1,581				134,670
McKesson Corp#			917				350,001
Medtronic PLC			8,528				674,053
Merck & Co Inc			15,965				1,758,066
Moderna Inc*			2,228				391,927
Molina Healthcare Inc*			371				124,942
Molson Coors Beverage Co			1,200				66,132
Mondelez International Inc			8,737				590,709
Monster Beverage Corp*			2,413				248,201
Moody's Corp			1,013				302,148
Organon & Co			1,633				42,491
PayPal Holdings Inc*			7,282				570,982
PepsiCo Inc			8,695				1,613,009
PerkinElmer Inc			796				111,225
Pfizer Inc			35,284				1,768,787
The Procter & Gamble Co			15,147				2,259,327
Philip Morris International Inc			9,786				975,371
Quanta Services Inc			883				132,344
Quest Diagnostics Inc			775				117,668
Regeneron Pharmaceuticals Inc*			673				505,894
ResMed Inc			946				217,769
Robert Half International Inc			808				63,654
Rollins Inc			693				28,025
S&P Global Inc			2,191				772,985
STERIS PLC			603				112,001
Stryker Corp			2,135				499,355
Sysco Corp			3,216				278,216
Teleflex Inc			318				74,450
Thermo Fisher Scientific Inc			2,471				1,384,304
Tyson Foods Inc#			1,921				127,324
United Rentals Inc*			459				162,041
UnitedHealth Group Inc			5,899				3,231,234
Universal Health Services Inc			423				55,350
Verisk Analytics Inc			996				182,975
Vertex Pharmaceuticals Inc*			1,614				510,670
Viatris Inc			4,634				51,113
Waters Corp*			405				140,373
West Pharmaceutical Services Inc			474				111,229
Zimmer Biomet Holdings Inc			1,338				160,694
Zoetis Inc#			3,007				463,499
Total Consumer, Non-Cyclical							48,736,282
Energy (5.42%)
APA Corp			2,135				100,025
Baker Hughes Co			5,905				171,363
Coterra Energy Inc			5,087				141,978
Chevron Corp			11,172				2,047,939
ConocoPhillips			8,165				1,008,459
Devon Energy Corp			3,875				265,515
Diamondback Energy Inc			1,031				152,609
EOG Resources Inc			3,697				524,715
Enphase Energy Inc*			825				264,487
Exxon Mobil Corp			26,595				2,961,087
Halliburton Co			5,694				215,746
Hess Corp#			1,743				250,835
Kinder Morgan Inc			12,716				243,130
Marathon Oil Corp			4,467				136,824
Marathon Petroleum Corp			3,415				415,981
Occidental Petroleum Corp			5,528				384,141
ONEOK Inc			2,916				195,139
Phillips 66			2,852				309,271
Pioneer Natural Resources Co#			1,420				335,106
Schlumberger Ltd			9,092				468,693
SolarEdge Technologies Inc*,#			334				99,819

 

 

Valero Energy Corp			2,566				342,869
The Williams Cos Inc			7,926				275,032
Total Energy							11,310,763
Financial (16.00%)
Aflac Inc			3,741				269,090
Alexandria Real Estate Equities Inc			937				145,807
The Allstate Corp			1,736				232,450
American Express Co			3,835				604,358
American International Group Inc			5,001				315,613
American Tower Corp			2,901				641,846
Ameriprise Financial Inc			721				239,336
Aon PLC			1,340				413,095
Arthur J Gallagher & Co			1,256				250,082
Assurant Inc			341				43,723
AvalonBay Communities Inc			882				154,262
Bank of America Corp			44,761				1,694,204
The Bank of New York Mellon Corp			4,700				215,730
Berkshire Hathaway Inc*,#,(a)			11,377				3,624,712
BlackRock Inc#			908				650,128
Boston Properties Inc			925				66,674
Brown & Brown Inc			1,483				88,372
Camden Property Trust			649				78,094
Capital One Financial Corp			2,481				256,138
Cboe Global Markets Inc			706				89,549
CBRE Group Inc*			2,058				163,817
The Charles Schwab Corp			9,527				786,359
Chubb Ltd			2,675				587,403
Cincinnati Financial Corp			941				104,413
Citigroup Inc			12,259				593,458
Citizens Financial Group Inc			2,789				118,198
CME Group Inc			2,279				402,244
Comerica Inc#			908				65,140
Crown Castle Inc			2,725				385,397
Digital Realty Trust Inc			1,797				202,091
Discover Financial Services			1,773				192,122
Equinix Inc			581				401,268
Equity Residential			2,236				145,027
Essex Property Trust Inc			425				93,662
Everest Re Group Ltd			280				94,623
Extra Space Storage Inc			844				135,622
Federal Realty Investment Trust			449				49,884
Fifth Third Bancorp			4,528				164,638
First Republic Bank			1,159				147,900
Franklin Resources Inc			1,991				53,379
Globe Life Inc			628				75,335
The Goldman Sachs Group Inc			2,139				825,975
The Hartford Financial Services Group Inc			2,076				158,544
Healthpeak Properties Inc			3,020				79,305
Host Hotels & Resorts Inc			4,539				85,969
Huntington Bancshares Inc			7,104				109,970
Intercontinental Exchange Inc			3,524				381,684
Invesco Ltd			2,486				47,507
Iron Mountain Inc			1,369				74,378
JPMorgan Chase & Co			18,542				2,562,134
KeyCorp			6,069				114,158
Kimco Realty Corp			2,994				68,622
Lincoln National Corp			1,186				46,183
M&T Bank Corp			1,177				200,114
Marsh & McLennan Cos Inc			3,158				546,902
Mastercard Inc			5,421				1,932,044
MetLife Inc			4,363				334,642
Mid-America Apartment Communities Inc			732				120,692
Morgan Stanley#			8,835				822,273
Nasdaq Inc			2,247				153,830
Northern Trust Corp			1,359				126,536
The PNC Financial Services Group Inc			2,611				439,327
Principal Financial Group Inc			1,584				142,053
Prologis Inc			5,883				692,959
The Progressive Corp			3,713				490,673
Prudential Financial Inc			2,454				265,106
Public Storage			964				287,233
Raymond James Financial Inc			1,273				148,814
Realty Income Corp			3,496				220,493
Regency Centers Corp			1,109				73,671
Regions Financial Corp			6,273				145,596
SBA Communications Corp			680				203,524
Signature Bank			386				53,847
Simon Property Group Inc			2,085				249,032
State Street Corp			2,304				183,560
SVB Financial Group*			354				82,050
Synchrony Financial			3,166				118,978
T Rowe Price Group Inc			1,478				184,617
The Travelers Cos Inc			1,514				287,372
Truist Financial Corp			8,471				396,528
UDR Inc			1,770				73,402
US Bancorp			8,502				385,906
Ventas Inc			2,564				119,303
VICI Properties Inc			6,079				207,902

 

 

Visa Inc#			10,389				2,254,413
Vornado Realty Trust			1,028				25,998
W R Berkley Corp			1,335				101,834
Wells Fargo & Co			23,929				1,147,396
Welltower Inc			2,792				198,316
Weyerhaeuser Co			4,832				158,055
Willis Towers Watson PLC			703				173,050
Zions Bancorp NA			1,054				54,618
Total Financial							33,392,331
Industrial (8.59%)
3M Co			3,484				438,879
A O Smith Corp			942				57,217
Agilent Technologies Inc			1,952				302,521
Allegion plc			601				68,304
Amcor PLC			9,487				117,164
AMETEK Inc			1,502				213,915
Amphenol Corp			3,796				305,312
Ball Corp#			2,136				119,787
The Boeing Co*			3,466				619,998
Carrier Global Corp			5,321				235,827
Caterpillar Inc			3,367				795,992
CH Robinson Worldwide Inc#			835				83,684
CSX Corp			13,726				448,703
Deere & Co			1,762				777,042
Dover Corp			941				133,575
Eaton Corp PLC			2,529				413,365
Emerson Electric Co			3,793				363,256
Expeditors International of Washington Inc#			1,105				128,246
FedEx Corp			1,505				274,241
Fortive Corp			2,032				137,262
Fortune Brands Home & Security Inc			957				62,530
Generac Holdings Inc*,#			285				30,073
General Dynamics Corp			1,455				367,227
General Electric Co			6,927				595,514
Honeywell International Inc			4,297				943,406
Howmet Aerospace Inc			2,478				93,346
Huntington Ingalls Industries Inc			281				65,181
IDEX Corp			523				124,207
Illinois Tool Works Inc			1,818				413,540
Ingersoll Rand Inc			2,562				138,271
Jacobs Solutions Inc			846				107,053
JB Hunt Transport Services Inc			529				97,278
Johnson Controls International PLC			4,519				300,242
Keysight Technologies Inc*			1,144				206,938
L3Harris Technologies Inc			1,217				276,356
Lockheed Martin Corp			1,495				725,359
Martin Marietta Materials Inc			396				145,126
Mettler-Toledo International Inc*			143				210,147
Mohawk Industries Inc*			390				39,519
Nordson Corp			343				81,116
Norfolk Southern Corp			1,504				385,776
Northrop Grumman Corp			922				491,693
Old Dominion Freight Line Inc			595				180,053
Otis Worldwide Corp			2,659				207,641
Packaging Corp of America			651				88,464
Parker-Hannifin Corp			810				242,141
Pentair PLC			1,156				52,910
Raytheon Technologies Corp			9,389				926,882
Republic Services Inc			1,333				185,674
Rockwell Automation Inc			758				200,279
Sealed Air Corp			922				49,078
Snap-on Inc			354				85,172
Stanley Black & Decker Inc			953				77,879
TE Connectivity Ltd			2,081				262,456
Teledyne Technologies Inc*			318				133,592
Textron Inc			1,451				103,572
Trane Technologies PLC			1,507				268,879
TransDigm Group Inc			326				204,891
Trimble Inc*			1,634				97,632
Union Pacific Corp			3,964				861,893
United Parcel Service Inc			4,621				876,742
Vulcan Materials Co			865				158,580
Waste Management Inc			2,458				412,256
Westinghouse Air Brake Technologies Corp			1,153				116,557
Westrock Co			1,715				65,033
Xylem Inc#			1,143				128,416
Total Industrial							17,920,860
Technology (23.14%)
Accenture PLC			3,983				1,198,604
Activision Blizzard Inc			4,949				365,979
Adobe Inc*			2,983				1,028,926
Advanced Micro Devices Inc*,#			10,230				794,155
Analog Devices Inc			3,303				567,819
ANSYS Inc*			560				142,408
Apple Inc(a)			94,091				13,928,291
Applied Materials Inc			5,577				611,239
Autodesk Inc*			1,396				281,922

 

 

Broadcom Inc			2,577				1,420,004
Broadridge Financial Solutions Inc			788				117,499
Cadence Design Systems Inc*			1,756				302,102
Ceridian HCM Holding Inc*			855				58,516
Cognizant Technology Solutions Corp			3,335				207,470
DXC Technology Co*			1,730				51,329
Electronic Arts Inc			1,768				231,219
EPAM Systems Inc*			359				132,320
Fidelity National Information Services Inc			3,855				279,796
Fiserv Inc*			3,670				383,001
Fortinet Inc*			4,205				223,538
Hewlett Packard Enterprise Co			8,406				141,053
HP Inc			6,878				206,615
Intel Corp			25,746				774,182
International Business Machines Corp			5,688				846,943
Intuit Inc			1,757				716,136
Jack Henry & Associates Inc			460				87,101
KLA Corp			942				370,347
Lam Research Corp			875				413,333
Leidos Holdings Inc			915				100,037
Microchip Technology Inc			3,286				260,218
Micron Technology Inc			7,124				410,699
Microsoft Corp(a)			47,031				11,999,489
Monolithic Power Systems Inc			267				101,983
MSCI Inc			510				258,993
NetApp Inc			1,421				96,074
NVIDIA Corp			15,746				2,664,696
NXP Semiconductors NV			1,526				268,332
ON Semiconductor Corp*,#			2,743				206,274
Oracle Corp			10,009				831,047
Paychex Inc			2,089				259,099
Paycom Software Inc*			305				103,426
PTC Inc*			681				86,630
Qorvo Inc*			744				73,842
QUALCOMM Inc			7,070				894,284
Roper Technologies Inc			684				300,201
Salesforce Inc*			6,236				999,319
Seagate Technology Holdings PLC			1,368				72,463
ServiceNow Inc*			1,243				517,461
Skyworks Solutions Inc			1,059				101,262
Synopsys Inc*			962				326,637
Take-Two Interactive Software Inc*			778				82,227
Teradyne Inc#			1,007				94,104
Texas Instruments Inc			5,821				1,050,458
Tyler Technologies Inc*			246				84,314
Western Digital Corp*			1,916				70,413
Zebra Technologies Corp*			348				94,057
Total Technology							48,289,886
Utilities (3.03%)
The AES Corp			4,344				125,628
Alliant Energy Corp			1,583				89,123
Ameren Corp			1,682				150,236
American Electric Power Co Inc			3,242				313,826
American Water Works Co Inc			1,183				179,532
Atmos Energy Corp#			820				98,564
CenterPoint Energy Inc			2,979				92,677
CMS Energy Corp			1,870				114,201
Consolidated Edison Inc			2,227				218,335
Constellation Energy Corp			2,068				198,776
Dominion Energy Inc			5,130				313,494
DTE Energy Co			1,258				145,941
Duke Energy Corp			4,806				480,264
Edison International			2,433				162,184
Entergy Corp			1,304				151,616
Evergy Inc			1,567				92,782
Eversource Energy			2,170				179,806
Exelon Corp			6,205				256,701
FirstEnergy Corp			3,716				153,248
NextEra Energy Inc			12,449				1,054,430
NiSource Inc			2,050				57,277
NRG Energy Inc			1,663				70,594
Pinnacle West Capital Corp			806				63,126
PPL Corp			4,645				137,120
Public Service Enterprise Group Inc			3,151				190,793
Sempra Energy			1,939				322,242
The Southern Co			6,719				454,473
WEC Energy Group Inc			2,060				204,228
Xcel Energy Inc			3,432				240,995
Total Utilities							6,312,212
Total Common Stock (Cost $71,066,219)							215,067,759
United States Treasury Bills (0.19%)
United States Treasury Bill (Cost $399,201)			400,000				399,219
Collateral Received for Securities on Loan (4.34%)
Mount Vernon Liquid Assets Portfolio, 7-Day Yield: 4.07% (Cost $9,063,299)							9,063,299

 

 

Total Investments (Cost $83,220,032) (107.61%)						$	224,530,277
Liabilities in Excess of Other Assets (-7.61%)							(15,882,266	)
Net Assets (100.00%)						$	208,648,011

 

* Non-income producing security.

 

# Loaned security; a portion of the security is on loan at November 30, 2022.

 

(a) A portion of these securities, a total of $11,754,612, have been pledged or segregated in connection with obligations for futures contracts.

 

Futures contracts at November 30, 2022:  

Contracts - $50 times premium / delivery month / commitment / exchange  

S&P 500 E-MINI	Notional Amount	Value	Unrealized Appreciation
3 / DEC 2022 / Long / CME	591,050	612,188	21,138

 

 

S&P MIDCAP INDEX FUND  

Portfolio of Investments (Unaudited)  

November 30, 2022

 

Security Description		Shares				Value
Common Stock (106.51%)
Basic Materials (6.15%)
Alcoa Corp			9,686			$	485,559
Ashland Inc			2,550				285,269
Avient Corp			4,377				151,488
Cabot Corp			2,965				218,283
The Chemours Co			7,944				246,661
Cleveland-Cliffs Inc*			25,413				393,393
Commercial Metals Co			6,169				303,638
Ingevity Corp*			1,831				143,312
MP Materials Corp*			3,918				130,274
NewMarket Corp			355				112,187
Olin Corp			6,912				393,846
Reliance Steel & Aluminum Co(a)			3,087				652,252
Royal Gold Inc			3,477				390,571
RPM International Inc(a)			6,606				684,514
Sensient Technologies Corp			2,152				160,776
Steel Dynamics Inc(a)			8,975				932,772
United States Steel Corp			12,147				319,345
Valvoline Inc			9,064				298,931
Westlake Corp			1,769				190,433
Total Basic Materials							6,493,504
Communications (2.40%)
Cable One Inc			262				189,764
Calix Inc*			2,919				208,125
Ciena Corp*			7,666				344,663
Frontier Communications Parent Inc*			11,416				294,190
Iridium Communications Inc*			6,514				345,893
The New York Times Co			8,025				294,116
TEGNA Inc			11,717				231,294
TripAdvisor Inc*			5,427				110,657
Viasat Inc*			3,475				118,463
World Wrestling Entertainment Inc			2,214				176,854
Ziff Davis Inc*			2,375				219,118
Total Communications							2,533,137
Consumer, Cyclical (16.24%)
Adient PLC*			4,855				189,054
AutoNation Inc*			1,871				231,836
BJ's Wholesale Club Holdings Inc*			7,095				533,828
Boyd Gaming Corp			4,204				257,831
Brunswick Corp			3,808				282,554
Capri Holdings Ltd*			7,068				405,350
Carter's Inc			2,119				154,772
Casey's General Stores Inc			1,907				463,439
Choice Hotels International Inc			1,485				182,982
Churchill Downs Inc			1,698				376,888
Columbia Sportswear Co			1,749				156,693
Cracker Barrel Old Country Store Inc			1,166				133,857
Crocs Inc*			3,156				318,756
Dana Inc			6,533				115,046
Deckers Outdoor Corp*			1,358				541,679
Dick's Sporting Goods Inc			2,914				348,456
FirstCash Holdings Inc			2,071				194,384
Five Below Inc*			2,841				457,003
Foot Locker Inc			4,393				174,841
Fox Factory Holding Corp*			2,181				231,404
GameStop Corp*,#			12,308				322,593
The Gap Inc			11,312				164,476
Gentex Corp			12,040				347,956
The Goodyear Tire & Rubber Co*			13,550				152,031
Hanesbrands Inc			18,591				124,932
Harley-Davidson Inc			6,881				324,302
IAA Inc*			7,144				266,971
JetBlue Airways Corp*			16,855				134,166
KB Home			4,326				135,793
Kohl's Corp			6,763				216,957
Lear Corp			3,046				439,355
Leggett & Platt Inc			7,100				252,831
Light & Wonder Inc*			4,830				312,839
Lithia Motors Inc			1,409				337,188
Macy's Inc			13,812				324,582
Marriott Vacations Worldwide Corp			2,090				311,368
Mattel Inc*			18,495				337,164
MSC Industrial Direct Co Inc			2,536				217,665
Murphy USA Inc			1,100				325,391
Nordstrom Inc#			6,132				128,588

 

 

Nu Skin Enterprises Inc			2,657				110,823
Ollie's Bargain Outlet Holdings Inc*			3,186				194,027
Papa John's International Inc			1,724				143,540
Penn Entertainment Inc*			8,119				285,708
Polaris Inc			2,866				326,896
PVH Corp			3,428				230,293
RH*			865				248,108
The Scotts Miracle-Gro Co			2,158				120,697
Skechers USA Inc*			7,149				301,473
Taylor Morrison Home Corp*			5,820				176,870
Tempur Sealy International Inc			9,212				292,665
Texas Roadhouse Inc			3,423				339,972
Thor Industries Inc			2,934				252,735
Toll Brothers Inc			5,475				262,307
Topgolf Callaway Brands Corp*			6,451				135,148
Travel + Leisure Co			4,573				177,753
Under Armour Inc*			4,953				49,530
Under Armour Inc*			5,322				46,408
Univar Solutions Inc*			8,541				282,963
Victoria's Secret & Co*			3,564				163,944
Visteon Corp*			1,440				211,392
Watsco Inc			1,747				469,908
The Wendy's Co			9,014				203,356
Williams-Sonoma Inc			3,521				411,605
Wingstop Inc			1,531				253,396
Wyndham Hotels & Resorts Inc			4,625				339,105
YETI Holdings Inc*			4,150				186,294
Total Consumer, Cyclical							17,144,717
Consumer, Non-Cyclical (17.64%)
Acadia Healthcare Co Inc*			4,932				439,244
Amedisys Inc*			1,661				151,300
Arrowhead Pharmaceuticals Inc*			5,525				177,905
ASGN Inc*			2,570				232,842
Avis Budget Group Inc*			1,494				334,058
Azenta Inc			3,937				237,047
BellRing Brands Inc*			5,935				147,841
The Boston Beer Co Inc*			514				197,566
The Brink's Co			2,467				147,403
Bruker Corp			5,158				347,701
Celsius Holdings Inc*			1,513				168,457
Chemed Corp			787				409,240
Coca-Cola Consolidated Inc			121				59,508
Coty Inc*			17,865				140,598
Darling Ingredients Inc*			8,212				589,868
Encompass Health Corp			5,273				308,365
Envista Holdings Corp*			8,546				291,590
Euronet Worldwide Inc*			2,411				224,102
Exelixis Inc*			16,697				285,185
Flowers Foods Inc			9,880				296,894
FTI Consulting Inc*			1,812				313,150
Globus Medical Inc*			3,944				291,422
Graham Holdings Co			198				127,449
Grand Canyon Education Inc*			1,699				192,106
Grocery Outlet Holding Corp*			4,882				147,778
GXO Logistics Inc*			5,224				244,797
H&R Block Inc			8,393				366,858
Haemonetics Corp*			2,627				224,109
Halozyme Therapeutics Inc*			7,274				416,509
HealthEquity Inc*			4,363				276,963
Helen of Troy Ltd*			1,277				125,836
ICU Medical Inc*			1,078				171,650
Inari Medical Inc*			1,706				125,527
Ingredion Inc			3,355				328,689
Insperity Inc			1,902				225,482
Integra LifeSciences Holdings Corp*			3,953				217,178
Jazz Pharmaceuticals PLC*			3,129				490,971
John Wiley & Sons Inc			2,306				109,327
Lancaster Colony Corp			1,051				217,704
Lantheus Holdings Inc*			3,520				218,522
LHC Group Inc*			1,631				266,522
LivaNova PLC*			2,820				156,143
ManpowerGroup Inc			2,649				231,840
Masimo Corp*			2,474				358,582
Medpace Holdings Inc*			1,285				269,709
Neogen Corp*			11,308				187,260
Neurocrine Biosciences Inc*			4,897				622,213
NuVasive Inc*			2,872				111,548
Omnicell Inc*			2,324				119,942
Option Care Health Inc*			7,340				221,007
Patterson Cos Inc			4,569				129,942
Paylocity Holding Corp*			2,089				455,047
Penumbra Inc*			1,871				391,993
Performance Food Group Co*			8,145				496,682
Perrigo Co PLC			7,087				228,414
Pilgrim's Pride Corp*			2,700				70,632

 

 

Post Holdings Inc*			2,784				260,610
Progyny Inc*			3,648				133,626
QuidelOrtho Corp*			2,295				201,065
R1 RCM Inc*			7,094				64,201
Repligen Corp*			2,642				472,495
Sabre Corp*			16,503				100,833
Service Corp International			8,074				576,887
Shockwave Medical Inc*			1,882				477,275
Sotera Health Co*			2,599				21,676
Sprouts Farmers Market Inc*			5,502				188,884
STAAR Surgical Co*			2,560				146,202
Syneos Health Inc*			5,484				193,476
Tandem Diabetes Care Inc*			3,340				140,447
Tenet Healthcare Corp*			5,708				263,595
United Therapeutics Corp*			2,379				665,858
WEX Inc*			2,262				382,595
Total Consumer, Non-Cyclical							18,625,942
Energy (5.55%)
Antero Midstream Corp			17,306				196,077
Antero Resources Corp*			14,670				536,189
ChampionX Corp			10,391				320,458
CNX Resources Corp*			10,236				177,799
DT Midstream Inc			5,076				306,235
Equitrans Midstream Corp			20,127				168,866
First Solar Inc*,(a)			5,076				875,762
HF Sinclair Corp			7,439				463,747
Matador Resources Co			5,862				389,002
Murphy Oil Corp			7,675				362,260
NOV Inc			20,114				451,760
PDC Energy Inc			4,931				366,472
Range Resources Corp			13,142				379,410
Southwestern Energy Co*			58,705				406,239
SunPower Corp*			4,397				106,627
Sunrun Inc*			10,914				355,578
Total Energy							5,862,481
Financial (24.34%)
Banks (7.66%)
Associated Banc-Corp			7,874				193,700
Bank of Hawaii Corp			2,220				179,087
Bank OZK			5,938				274,039
Cadence Bank			9,650				278,306
Cathay General Bancorp			3,810				177,051
Commerce Bancshares Inc			5,586				418,503
Cullen/Frost Bankers Inc			3,002				435,500
East West Bancorp Inc			7,216				506,635
First Financial Bankshares Inc			6,790				250,891
First Horizon Corp(a)			27,478				682,828
FNB Corp			17,881				252,122
Fulton Financial Corp			8,643				160,673
Glacier Bancorp Inc			5,299				306,812
Hancock Whitney Corp			4,389				240,693
Home BancShares Inc			8,489				216,045
International Bancshares Corp			2,788				146,872
Old National Bancorp			15,533				296,836
PacWest Bancorp			6,472				169,049
Pinnacle Financial Partners Inc			4,033				338,328
Prosperity Bancshares Inc			4,670				352,912
Synovus Financial Corp			7,444				313,616
Texas Capital Bancshares Inc*			2,554				153,214
UMB Financial Corp			2,226				190,368
Umpqua Holdings Corp			11,390				230,875
United Bankshares Inc			6,634				284,532
Valley National Bancorp			21,550				272,823
Webster Financial Corp			9,004				489,277
Wintrust Financial Corp			3,023				276,393
							8,087,980
Diversified Financial Service (2.75%)
Affiliated Managers Group Inc			2,034				326,294
Evercore Inc			1,844				212,392
Federated Hermes Inc			4,336				164,595
Interactive Brokers Group Inc			4,471				359,021
Janus Henderson Group PLC			6,856				173,388
Jefferies Financial Group Inc			9,522				361,741
Navient Corp			5,666				93,886
SEI Investments Co			5,272				328,340
SLM Corp			12,872				224,745
Stifel Financial Corp			5,553				356,780
The Western Union Co			20,303				297,642
							2,898,824
Insurance (4.98%)
American Financial Group Inc			3,503				498,197
Brighthouse Financial Inc*			3,677				204,956
CNO Financial Group Inc			6,090				142,993

 

 

Essent Group Ltd			5,514				221,056
First American Financial Corp			5,333				291,448
The Hanover Insurance Group Inc			1,892				278,692
Kemper Corp			3,169				180,379
Kinsale Capital Group Inc			1,102				339,647
MGIC Investment Corp			15,538				213,337
Old Republic International Corp			15,070				369,215
Primerica Inc			1,917				285,691
Reinsurance Group of America Inc			3,431				495,436
RenaissanceRe Holdings Ltd			2,238				422,781
RLI Corp			2,095				272,497
Selective Insurance Group Inc			3,089				296,915
Unum Group			9,745				411,044
Voya Financial Inc			5,014				330,824
							5,255,108
Real Estate (8.61%)
Annaly Capital Management Inc			22,074				478,346
Apartment Income REIT Corp			8,250				313,913
Brixmor Property Group Inc			15,740				364,853
Corporate Office Properties Trust			5,953				165,315
Cousins Properties Inc			7,880				207,874
Douglas Emmett Inc			9,604				166,341
EastGroup Properties Inc			2,141				332,369
EPR Properties			4,167				173,389
First Industrial Realty Trust Inc			6,844				345,964
Healthcare Realty Trust Inc			19,987				410,333
Highwoods Properties Inc			5,523				164,585
Independence Realty Trust Inc			11,696				211,932
JBG SMITH Properties			5,705				117,580
Jones Lang LaSalle Inc*			2,453				412,521
Kilroy Realty Corp			5,682				245,576
Kite Realty Group Trust			11,573				263,864
Lamar Advertising Co			4,460				446,624
Life Storage Inc			4,366				469,301
The Macerich Co			9,276				117,805
Medical Properties Trust Inc			31,572				414,225
National Retail Properties Inc			9,304				431,333
National Storage Affiliates Trust			3,823				152,194
Omega Healthcare Investors Inc			11,988				362,997
Park Hotels & Resorts Inc			12,264				157,347
Pebblebrook Hotel Trust			6,963				115,934
Physicians Realty Trust			11,481				171,411
PotlatchDeltic Corp			3,706				177,110
Rayonier Inc			7,791				279,541
Rexford Industrial Realty Inc			8,064				445,859
Sabra Health Care REIT Inc			11,960				154,404
SL Green Realty Corp			3,571				149,839
Spirit Realty Capital Inc			6,787				281,118
STORE Capital Corp			12,450				397,155
							9,098,952
Savings & Loans (0.34%)
New York Community Bancorp Inc			24,647				230,449
Washington Federal Inc			3,601				127,007
							357,456
Total Financial							25,698,320
Industrial (21.76%)
Acuity Brands Inc			1,675				315,386
AECOM			7,151				607,835
AGCO Corp			3,170				420,722
AptarGroup Inc			3,441				365,228
Arrow Electronics Inc*			3,286				357,320
Avnet Inc			5,137				232,038
Axon Enterprise Inc*			3,457				636,192
Belden Inc			2,251				181,070
Builders FirstSource Inc*			8,090				517,194
Carlisle Cos Inc(a)			2,648				696,715
Chart Industries Inc*,#			1,893				270,680
Clean Harbors Inc*			2,652				318,240
Cognex Corp			8,879				441,997
Coherent Corp*			6,619				242,719
Crane Holdings Co			2,500				264,850
Curtiss-Wright Corp			2,022				357,186
Donaldson Co Inc			6,327				385,441
Dycom Industries Inc*			1,554				141,632
Eagle Materials Inc			1,929				263,000
EMCOR Group Inc			2,526				391,277
Energizer Holdings Inc			3,289				112,122
EnerSys			2,082				157,358
Enovis Corp*			2,165				117,191
Esab Corp			2,165				102,491
Flowserve Corp			6,904				216,509
Fluor Corp*			7,046				236,816
GATX Corp			1,807				203,739

 

 

Graco Inc			8,660				605,940
Greif Inc			1,407				98,926
Hexcel Corp			4,444				266,418
Hubbell Inc(a)			2,748				698,157
ITT Inc			4,382				370,367
Jabil Inc			7,043				508,434
Kennametal Inc			4,431				117,067
Kirby Corp*			3,067				214,046
Knight-Swift Transportation Holdings Inc			8,227				456,023
Landstar System Inc			1,865				322,608
Lennox International Inc			1,651				429,970
Lincoln Electric Holdings Inc			3,053				451,478
Littelfuse Inc			1,304				321,436
Louisiana-Pacific Corp			3,782				241,292
MasTec Inc*			3,003				272,762
MDU Resources Group Inc			10,687				336,534
Mercury Systems Inc*			2,953				150,071
The Middleby Corp*			2,759				397,820
MSA Safety Inc			1,931				272,290
National Instruments Corp			6,872				281,889
Novanta Inc*			1,873				295,466
nVent Electric PLC			8,525				341,085
Oshkosh Corp			3,453				317,918
Owens Corning			4,928				437,804
Regal Rexnord Corp			3,404				446,298
RXO Inc*			5,224				99,256
Ryder System Inc			2,687				251,208
Saia Inc*			1,395				339,808
Silgan Holdings Inc			4,332				229,163
Simpson Manufacturing Co Inc			2,135				198,662
Sonoco Products Co			4,993				306,420
Stericycle Inc*			4,720				246,054
TD SYNNEX Corp			2,202				225,265
Terex Corp			3,471				159,354
Tetra Tech Inc			2,730				422,031
The Timken Co			3,540				268,969
TopBuild Corp*			1,687				259,933
The Toro Co			5,354				594,240
Trex Co Inc*			5,646				259,095
Universal Display Corp			2,297				258,688
Valmont Industries Inc			1,124				380,654
Vicor Corp*			1,141				61,603
Vishay Intertechnology Inc			7,033				162,040
Vontier Corp			8,087				158,748
Watts Water Technologies Inc			1,449				229,594
Werner Enterprises Inc			2,668				117,339
Woodward Inc			3,080				295,064
Worthington Industries Inc			755				42,839
XPO Logistics Inc*			5,224				201,751
Total Industrial							22,972,825
Technology (8.23%)
ACI Worldwide Inc*			5,840				122,056
Amkor Technology Inc			5,309				148,758
Aspen Technology Inc*			1,511				348,286
Blackbaud Inc*			2,228				132,054
CACI International Inc*			1,199				374,448
Cirrus Logic Inc*			2,864				213,969
CommVault Systems Inc*			2,294				151,404
Concentrix Corp			2,269				277,680
Dynatrace Inc*			10,299				399,086
Envestnet Inc*			3,017				178,063
ExlService Holdings Inc*			1,693				316,930
Fair Isaac Corp*,(a)			1,309				811,213
Genpact Ltd			8,644				398,575
IPG Photonics Corp*			1,370				124,711
KBR Inc			7,120				367,890
Kyndryl Holdings Inc*			9,501				111,257
Lattice Semiconductor Corp*			7,031				512,068
Lumentum Holdings Inc*			3,621				198,938
MACOM Technology Solutions Holdings Inc*			2,571				176,602
Manhattan Associates Inc*			3,211				404,393
Maximus Inc			3,258				229,037
MKS Instruments Inc			2,939				246,465
NCR Corp*			7,171				171,172
Power Integrations Inc			2,928				235,645
Qualys Inc*			1,539				189,789
Science Applications International Corp			2,858				314,694
Semtech Corp*			3,441				105,776
Silicon Laboratories Inc*			1,752				254,811
SiTime Corp*			786				82,892
Synaptics Inc*			2,090				221,477
Teradata Corp*			5,506				188,030
Wolfspeed Inc*			6,331				575,615
Xerox Holdings Corp			6,258				102,068

 

 

Total Technology							8,685,852
Utilities (4.20%)
ALLETE Inc			2,880				190,656
Black Hills Corp			3,364				240,963
Essential Utilities Inc			11,853				571,789
Hawaiian Electric Industries Inc			5,793				237,976
IDACORP Inc			2,677				295,889
National Fuel Gas Co			4,832				320,023
New Jersey Resources Corp			5,111				254,272
NorthWestern Corp			2,732				159,576
OGE Energy Corp			10,251				414,755
ONE Gas Inc			2,835				246,503
Ormat Technologies Inc			2,357				213,144
PNM Resources Inc			4,449				218,001
Portland General Electric Co			4,692				230,987
Southwest Gas Holdings Inc			3,218				220,304
Spire Inc			2,739				202,960
UGI Corp			10,721				414,367
Total Utilities							4,432,165
Total Common Stock (Cost $78,124,712)							112,448,943
United States Treasury Bills (0.85%)
United States Treasury Bill (Cost $898,206)			900,000				898,243
Collateral Received for Securities on Loan (0.67%)
Mount Vernon Liquid Assets Portfolio, 7-Day Yield: 4.07% (Cost $711,178)							711,178
Total Investments (Cost $79,734,096) (108.03%)						$	114,058,364
Liabilities in Excess of Other Assets (-8.03%)							(8,482,797	)
Net Assets (100.00%)						$	105,575,566

 

* Non-income producing security.

 

# Loaned security; a portion of the security is on loan at November 30, 2022.

 

(a) A portion of these securities, a total of $6,034,214, have been pledged or segregated in connection with obligations for futures contracts.

 

Futures contracts at November 30, 2022:  

Contracts - $100 times premium / delivery month / commitment / exchange  

S&P MidCap E-MINI	Notional Amount	Value	Unrealized Appreciation
3 / DEC 2022 / Long / CME	752,700	773,940	21,240

 

S&P SMALLCAP INDEX FUND  

Portfolio of Investments (Unaudited)  

November 30, 2022

 

Security Description		Shares				Value
Common Stock (108.05%)
Basic Materials (5.26%)
AdvanSix Inc			1,786			$	73,512
American Vanguard Corp			1,902				43,746
Arconic Corp*			6,331				150,868
ATI Inc*			7,754				236,575
Balchem Corp			2,039				287,091
Carpenter Technology Corp			2,804				115,132
Clearwater Paper Corp*			1,183				46,172
Compass Minerals International Inc			2,139				94,865
Hawkins Inc			1,183				49,213
Haynes International Inc			896				44,764
HB Fuller Co			3,369				270,564
Innospec Inc			1,552				172,101
Kaiser Aluminum Corp			1,057				95,553
Koppers Holdings Inc			1,482				44,149
Livent Corp*,(a)			9,782				273,798
Mativ Holdings Inc			3,544				73,609
Mercer International Inc			2,519				34,762
Quaker Chemical Corp			854				168,059
Rogers Corp*			1,190				129,758
Stepan Co			1,381				154,078
Sylvamo Corp			2,257				122,081
Trinseo PLC			2,275				56,079
Total Basic Materials							2,736,529
Communications (4.09%)
A10 Networks Inc			3,745				70,069
ADTRAN Holdings Inc			3,950				80,067
AMC Networks Inc*			1,982				39,561
ATN International Inc			779				37,711
Cars.com Inc*			4,119				60,879
Clearfield Inc*			714				93,977
Cogent Communications Holdings Inc			2,695				156,445
Consolidated Communications Holdings Inc*			5,162				23,848
ePlus Inc*			1,798				89,289
Extreme Networks Inc*			7,992				167,592
The EW Scripps Co*			3,903				58,467
Gogo Inc*			4,207				66,008
Harmonic Inc*			6,868				105,355
HealthStream Inc*			1,518				38,557
InterDigital Inc			1,985				99,587
Liquidity Services Inc*			1,928				32,178
NETGEAR Inc*			1,998				39,421
Perficient Inc*			2,092				148,637
QuinStreet Inc*			3,238				46,077
Scholastic Corp			1,976				81,253
Shenandoah Telecommunications Co			3,229				62,869
Shutterstock Inc			1,461				78,631
TechTarget Inc*			1,557				71,093
Telephone and Data Systems Inc			6,350				66,929
Thryv Holdings Inc*			1,075				20,619
Viavi Solutions Inc*			14,231				161,237
Yelp Inc*			4,191				129,711
Total Communications							2,126,067
Consumer, Cyclical (15.58%)
Abercrombie & Fitch Co*			3,149				75,513
Academy Sports & Outdoors Inc			5,334				269,260
Allegiant Travel Co*			873				72,119
American Axle & Manufacturing Holdings Inc*			7,476				77,825
America's Car-Mart Inc*			397				28,886
Asbury Automotive Group Inc*			1,392				261,167
Bed Bath & Beyond Inc*			4,987				16,956
Big Lots Inc			1,911				37,265
BJ's Restaurants Inc*			1,372				44,014
Bloomin' Brands Inc			5,042				113,546
Boot Barn Holdings Inc*			1,856				125,002
Brinker International Inc*			2,790				93,326
The Buckle Inc			1,891				83,109
Caleres Inc			2,523				60,956
Cavco Industries Inc*			542				124,459
The Cheesecake Factory Inc			3,118				109,255
Century Communities Inc			1,701				81,920
Chico's FAS Inc*			8,496				49,872

 

 

The Children's Place Inc*			804				28,542
Chuy's Holdings Inc*			1,345				42,623
Cinemark Holdings Inc*			6,765				92,072
Dave & Buster's Entertainment Inc*			2,448				97,088
Designer Brands Inc			3,952				60,466
Dine Brands Global Inc			1,098				81,900
Dorman Products Inc*			1,768				158,484
Ethan Allen Interiors Inc			1,450				41,253
Genesco Inc*			894				46,667
Gentherm Inc*			2,093				149,838
G-III Apparel Group Ltd*			2,872				62,121
GMS Inc*			2,688				131,981
Golden Entertainment Inc*			1,277				56,584
Green Brick Partners Inc*			1,442				34,868
Group 1 Automotive Inc			1,036				200,300
Guess? Inc			2,510				52,108
Hawaiian Holdings Inc*			3,036				42,200
Healthcare Services Group Inc			4,744				66,179
Hibbett Inc			761				50,728
HNI Corp			2,445				70,905
Installed Building Products Inc			1,478				125,527
Interface Inc			4,184				45,313
iRobot Corp*			1,698				88,449
Jack in the Box Inc			1,301				94,062
KAR Auction Services Inc*			7,573				104,053
Kontoor Brands Inc			2,904				126,179
La-Z-Boy Inc			2,792				76,026
LCI Industries			1,627				160,845
LGI Homes Inc*			1,345				133,612
M/I Homes Inc*			1,897				85,706
MarineMax Inc*			1,369				45,218
MDC Holdings Inc			3,636				117,915
Meritage Homes Corp*			2,292				198,052
Methode Electronics Inc			2,332				106,526
Monarch Casino & Resort Inc*			854				72,462
Movado Group Inc			1,175				37,823
National Vision Holdings Inc*			5,124				207,317
The ODP Corp*			2,734				131,587
Oxford Industries Inc			1,009				113,876
Patrick Industries Inc			1,365				76,344
PC Connection Inc			791				43,940
PetMed Express Inc			1,445				28,611
PriceSmart Inc			1,558				110,680
Resideo Technologies Inc*			8,667				140,405
Ruth's Hospitality Group Inc			1,944				34,039
Sally Beauty Holdings Inc*			6,888				81,003
ScanSource Inc*			1,608				48,015
Shake Shack Inc*			2,372				124,767
Shoe Carnival Inc			1,280				33,805
Signet Jewelers Ltd			2,982				193,830
Six Flags Entertainment Corp*			4,859				117,053
SkyWest Inc*			3,356				61,918
Sleep Number Corp*			1,501				43,904
Sonic Automotive Inc			1,220				64,831
Sonos Inc*			8,012				140,450
Standard Motor Products Inc			1,301				49,971
Steven Madden Ltd			4,819				166,448
Titan International Inc*			3,341				47,877
Tri Pointe Homes Inc*			6,461				119,141
Tupperware Brands Corp*			3,285				15,210
UniFirst Corp			959				185,816
Urban Outfitters Inc*			4,003				115,847
Veritiv Corp			911				122,566
Vista Outdoor Inc*			3,609				100,944
Wabash National Corp			3,062				76,764
Winnebago Industries Inc			2,107				123,449
Wolverine World Wide Inc			5,154				57,725
World Fuel Services Corp			4,080				116,076
XPEL Inc*			1,041				71,361
Xperi Inc*			2,616				28,017
Total Consumer, Cyclical							8,102,712
Consumer, Non-Cyclical (19.58%)
The Aaron's Co Inc			2,245				27,367
ABM Industries Inc			4,177				197,071
AdaptHealth Corp*			6,123				136,604
Addus HomeCare Corp*			991				109,287
Adtalem Global Education Inc*			2,841				118,186
Alarm.com Holdings Inc*			2,918				145,608
AMN Healthcare Services Inc*,(a)			2,814				348,092
Amphastar Pharmaceuticals Inc*			2,454				72,368
The Andersons Inc			2,041				78,579
AngioDynamics Inc*			2,422				31,365

 

 

ANI Pharmaceuticals Inc*			753				31,588
Arcus Biosciences Inc*			2,864				100,727
Arlo Technologies Inc*			5,260				20,093
Artivion Inc*			2,686				34,354
Avanos Medical Inc*			3,101				83,417
Avid Bioservices Inc*			3,882				60,792
B&G Foods Inc#			4,291				56,984
BioLife Solutions Inc*			1,847				39,101
Calavo Growers Inc			1,095				38,281
Cal-Maine Foods Inc			2,229				129,906
Cardiovascular Systems Inc*			2,591				36,300
Central Garden & Pet Co*			702				28,817
Central Garden & Pet Co*			2,610				101,973
The Chefs' Warehouse Inc*			1,825				70,901
Coherus Biosciences Inc*			4,320				29,635
CONMED Corp			1,871				155,012
Corcept Therapeutics Inc*			5,978				151,124
CoreCivic Inc*			7,761				103,066
CorVel Corp*			591				90,405
Cross Country Healthcare Inc*			2,325				83,189
Cutera Inc*			1,019				48,484
Cytokinetics Inc*			5,392				229,160
Deluxe Corp			2,788				53,920
Dynavax Technologies Corp*			7,524				93,373
Edgewell Personal Care Co			3,298				142,507
elf Beauty Inc*			2,547				139,983
Embecta Corp			3,576				117,722
Emergent BioSolutions Inc*			3,037				37,355
Enanta Pharmaceuticals Inc*			1,144				50,096
The Ensign Group Inc(a)			3,306				314,070
EVERTEC Inc			3,795				128,157
Forrester Research Inc*			760				26,737
Fresh Del Monte Produce Inc			1,961				54,280
Fulgent Genetics Inc*			1,246				45,192
The GEO Group Inc*			6,097				72,067
Glaukos Corp*			2,792				130,023
Green Dot Corp*			3,393				69,149
Harmony Biosciences Holdings Inc*			1,410				84,276
Heidrick & Struggles International Inc			1,373				40,778
Heska Corp*			688				44,273
Hostess Brands Inc*			8,716				230,102
Innoviva Inc*			4,184				54,936
Inogen Inc*			1,194				26,650
Integer Holdings Corp*			2,079				154,511
Inter Parfums Inc			1,165				111,013
Ironwood Pharmaceuticals Inc*			9,681				117,237
iTeos Therapeutics Inc*			1,290				25,994
J & J Snack Foods Corp			935				153,359
John B Sanfilippo & Son Inc			629				53,270
Kelly Services Inc			2,377				40,385
Korn Ferry			3,367				192,020
LeMaitre Vascular Inc			1,174				55,002
Ligand Pharmaceuticals Inc*			1,059				77,201
LiveRamp Holdings Inc*			4,290				94,208
Medifast Inc			695				87,605
Meridian Bioscience Inc*			2,867				91,744
Merit Medical Systems Inc*			3,169				228,168
MGP Ingredients Inc			782				97,797
ModivCare Inc*			822				63,294
Monro Inc			2,095				95,260
Myriad Genetics Inc*			4,997				101,239
National Beverage Corp			1,539				79,305
Nektar Therapeutics*			11,864				33,219
NeoGenomics Inc*			7,328				82,147
OmniAb Inc*			5,189				18,369
Omniab Inc-12.5*, (b)			401				—
Omniab Inc-15*, (b)			401				—
Orthofix Medical Inc*			1,364				24,538
Owens & Minor Inc			4,502				92,786
Pacira BioSciences Inc*			2,858				137,899
Pediatrix Medical Group Inc*			5,538				88,497
The Pennant Group Inc*			1,684				17,413
Perdoceo Education Corp*			4,611				66,168
Prestige Consumer Healthcare Inc*			3,220				197,901
PROG Holdings Inc*			3,561				70,116
Quanex Building Products Corp			2,085				49,560
RadNet Inc*			2,988				59,073
REGENXBIO Inc*			1,997				47,728
Rent-A-Center Inc			3,361				80,966
Resources Connection Inc			2,156				41,611
Select Medical Holdings Corp			6,446				158,443
The Simply Good Foods Co*			5,356				213,704
SpartanNash Co			2,264				74,372

 

 

Strategic Education Inc			1,425				116,565
Stride Inc*			2,690				95,253
Supernus Pharmaceuticals Inc*			3,336				122,498
Surmodics Inc*			970				35,046
Tootsie Roll Industries Inc			1,145				51,468
TreeHouse Foods Inc*			3,542				175,081
TrueBlue Inc*			2,078				44,843
uniQure NV*			2,283				60,408
United Natural Foods Inc*			3,630				173,078
Universal Corp			1,631				92,820
US Physical Therapy Inc			855				73,881
USANA Health Sciences Inc*			735				40,454
Vanda Pharmaceuticals Inc*			3,820				41,676
Varex Imaging Corp*			2,748				58,368
Vector Group Ltd			8,486				94,195
Vericel Corp*			2,991				68,285
Viad Corp*			1,286				38,078
Vir Biotechnology Inc*			4,602				129,868
WD-40 Co			853				142,878
Xencor Inc*			3,681				109,399
Total Consumer, Non-Cyclical							10,180,746
Energy (5.37%)
Archrock Inc			8,479				73,852
Bristow Group Inc*			1,489				38,714
Callon Petroleum Co*			3,051				127,898
Civitas Resources Inc			3,210				216,226
CONSOL Energy Inc			1,985				153,738
Core Laboratories NV			2,961				64,194
Dril-Quip Inc*			2,345				55,201
Green Plains Inc*			3,445				119,059
Helix Energy Solutions Group Inc*			9,162				58,454
Helmerich & Payne Inc(a)			6,602				337,230
Laredo Petroleum Inc*			645				41,170
Nabors Industries Ltd*			420				66,499
NOW Inc*			5,519				68,877
Oceaneering International Inc*			6,554				99,555
Par Pacific Holdings Inc*			2,639				61,832
Patterson-UTI Energy Inc			12,535				225,003
PBF Energy Inc			5,984				237,984
ProPetro Holding Corp*			5,328				58,501
Ranger Oil Corp			964				42,001
REX American Resources Corp*			990				29,215
RPC Inc			3,687				34,142
SM Energy Co(a)			7,601				327,679
SunCoke Energy Inc			5,463				46,217
Talos Energy Inc*			1,436				28,217
US Silica Holdings Inc*			4,697				61,484
Warrior Met Coal Inc			3,238				119,223
Total Energy							2,792,165
Financial (28.41%)
Banks (11.72%)
Ameris Bancorp			4,211				222,678
BancFirst Corp			1,006				102,552
The Bancorp Inc*			3,287				98,511
BankUnited Inc			5,147				188,998
Banner Corp			2,195				155,011
Central Pacific Financial Corp			1,761				37,316
City Holding Co			952				97,028
Columbia Banking System Inc			4,632				157,766
Community Bank System Inc			3,367				219,326
Customers Bancorp Inc*			1,891				61,023
CVB Financial Corp			8,024				230,128
Dime Community Bancshares Inc			1,639				58,463
Eagle Bancorp Inc			2,012				94,886
FB Financial Corp			2,073				88,745
First BanCorp/Puerto Rico			12,629				194,234
First Bancorp			2,219				107,910
First Commonwealth Financial Corp			5,896				86,789
First Financial Bancorp			5,905				156,069
First Hawaiian Inc			7,746				205,656
Flagstar Bancorp Inc			3,398				127,561
Hanmi Financial Corp			1,915				51,801
Heritage Financial Corp			2,370				77,973
Hilltop Holdings Inc			3,128				93,214
HomeStreet Inc			1,321				36,063
Hope Bancorp Inc			7,571				103,117
Independent Bank Corp			2,922				264,496
Independent Bank Group Inc			2,326				153,376
Lakeland Financial Corp			1,632				128,863
National Bank Holdings Corp			1,877				87,299
NBT Bancorp Inc			2,730				126,017

 

 

OFG Bancorp			3,140				90,966
Park National Corp			928				140,434
Pathward Financial Inc			1,867				81,271
Preferred Bank			877				66,292
Renasant Corp			3,511				143,143
S&T Bancorp Inc			2,541				95,084
Seacoast Banking Corp of Florida			3,573				122,840
ServisFirst Bancshares Inc			3,052				231,403
Simmons First National Corp			7,916				183,730
Southside Bancshares Inc			2,091				75,987
Stellar Bancorp Inc			1,704				57,612
Tompkins Financial Corp			798				66,665
Triumph Financial Inc*			1,485				88,744
TrustCo Bank Corp NY			1,199				46,569
Trustmark Corp			3,968				145,149
United Community Banks Inc			6,727				262,151
Veritex Holdings Inc			3,196				104,381
Walker & Dunlop Inc			1,860				166,117
Westamerica BanCorp			1,692				104,481
							6,085,888
Diversified Financial Service (2.01%)
B Riley Financial Inc			1,016				44,623
Blucora Inc*			3,171				79,434
Brightsphere Investment Group Inc			2,258				45,973
Encore Capital Group Inc*			1,562				78,725
Enova International Inc*			2,136				86,166
EZCORP Inc*			3,353				33,597
Mr Cooper Group Inc*			4,570				206,381
Piper Sandler Cos			918				131,880
PRA Group Inc*			2,485				85,434
StoneX Group Inc*			1,067				108,268
Virtus Investment Partners Inc			449				87,079
WisdomTree Inc			7,365				41,023
World Acceptance Corp*			265				18,791
							1,047,374
Insurance (3.14%)
Ambac Financial Group Inc*			2,813				45,739
American Equity Investment Life Holding Co			4,861				196,919
AMERISAFE Inc			1,293				76,765
Assured Guaranty Ltd			4,033				268,477
Employers Holdings Inc			1,761				81,834
Genworth Financial Inc*			32,702				164,491
Horace Mann Educators Corp			2,613				100,836
James River Group Holdings Ltd			2,043				49,073
NMI Holdings Inc*			5,506				118,544
Palomar Holdings Inc*			1,266				79,429
ProAssurance Corp			3,557				71,104
Safety Insurance Group Inc			874				80,181
SiriusPoint Ltd*			5,736				37,399
Stewart Information Services Corp			1,698				75,153
Trupanion Inc*			2,205				115,255
United Fire Group Inc			1,524				46,558
Universal Insurance Holdings Inc			2,188				24,046
							1,631,803
Real Estate (9.44%)
Acadia Realty Trust			5,770				88,743
Agree Realty Corp(a)			4,485				313,726
Alexander & Baldwin Inc			4,568				90,218
American Assets Trust Inc			3,246				95,075
Anywhere Real Estate Inc*			7,684				58,014
Apollo Commercial Real Estate Finance Inc			8,591				106,185
Armada Hoffler Properties Inc			3,969				48,223
ARMOUR Residential REIT Inc			4,218				24,802
Brandywine Realty Trust			10,779				74,483
CareTrust REIT Inc			6,061				120,008
Centerspace			832				53,664
Chatham Lodging Trust*			3,361				44,937
Community Healthcare Trust Inc			1,456				51,339
DiamondRock Hospitality Co			13,438				126,452
Easterly Government Properties Inc			5,311				84,126
Ellington Financial Inc			3,507				47,835
Elme Communities			5,482				108,324
Essential Properties Realty Trust Inc			8,667				201,161
Four Corners Property Trust Inc			4,936				133,963
Franklin BSP Realty Trust Inc			3,736				54,546
Getty Realty Corp			2,449				80,866
Global Net Lease Inc			5,985				80,977
Granite Point Mortgage Trust Inc			3,929				25,185
Industrial Logistics Properties Trust			4,361				17,749
Innovative Industrial Properties Inc			1,708				207,027
Invesco Mortgage Capital Inc			2,004				26,313
iStar Inc			4,376				35,139
KKR Real Estate Finance Trust Inc			2,854				47,234

 

 

LTC Properties Inc			2,465				96,850
LXP Industrial Trust			17,951				193,153
Marcus & Millichap Inc			1,681				62,600
New York Mortgage Trust Inc			24,542				68,963
NexPoint Residential Trust Inc			1,473				70,837
Office Properties Income Trust			3,225				49,310
Orion Office REIT Inc			3,501				32,524
Outfront Media Inc			8,904				162,854
PennyMac Mortgage Investment Trust			5,744				87,711
RE/MAX Holdings Inc			1,277				26,562
Ready Capital Corp			2,655				35,577
Redwood Trust Inc			7,449				58,847
Retail Opportunity Investments Corp			7,888				120,292
RPT Realty			5,757				64,478
Safehold Inc			1,281				37,815
Saul Centers Inc			843				36,333
Service Properties Trust			10,635				83,485
SITE Centers Corp			11,541				156,842
The St Joe Co			2,077				79,819
Summit Hotel Properties Inc			6,976				59,645
Sunstone Hotel Investors Inc			13,489				148,244
Tanger Factory Outlet Centers Inc			6,168				119,968
Two Harbors Investment Corp			5,061				83,000
Uniti Group Inc			14,870				113,309
Universal Health Realty Income Trust			828				43,462
Urban Edge Properties			6,914				108,757
Urstadt Biddle Properties Inc			2,141				40,957
Veris Residential Inc*			5,085				81,665
Whitestone REIT			2,907				28,285
Xenia Hotels & Resorts Inc			7,194				110,931
							4,909,389
Savings & Loans (2.10%)
Axos Financial Inc*			3,322				133,245
Banc of California Inc			3,213				54,525
Berkshire Hills Bancorp Inc			3,076				95,910
Brookline Bancorp Inc			5,218				74,200
Capitol Federal Financial Inc			8,349				69,881
Northfield Bancorp Inc			2,687				42,858
Northwest Bancshares Inc			7,972				121,892
Pacific Premier Bancorp Inc			5,653				208,878
Provident Financial Services Inc			4,301				96,902
WSFS Financial Corp			4,043				196,126
							1,094,417
Total Financial							14,768,871
Industrial (19.35%)
AAON Inc			2,637				209,009
AAR Corp*			2,190				101,966
Advanced Energy Industries Inc			2,372				219,742
Aerojet Rocketdyne Holdings Inc*			4,783				248,716
AeroVironment Inc*			1,474				135,593
Alamo Group Inc			650				97,825
Albany International Corp			1,967				199,395
American Woodmark Corp*			1,115				60,433
Apogee Enterprises Inc			1,386				66,875
Applied Industrial Technologies Inc(a)			2,422				320,891
ArcBest Corp			1,556				128,790
Arcosa Inc			3,115				190,327
Astec Industries Inc			1,504				66,537
Atlas Air Worldwide Holdings Inc*			1,637				164,960
AZZ Inc			1,564				65,109
Badger Meter Inc			1,884				218,205
Barnes Group Inc			2,934				124,959
Benchmark Electronics Inc			2,194				63,341
Boise Cascade Co			2,535				187,691
Brady Corp			3,056				146,382
Comfort Systems USA Inc			2,255				285,844
CTS Corp			2,004				85,170
Dorian LPG Ltd			2,072				40,342
DXP Enterprises Inc*			1,147				29,627
Encore Wire Corp			1,275				186,290
Enerpac Tool Group Corp			3,859				96,629
EnPro Industries Inc			1,297				154,084
ESCO Technologies Inc			1,684				158,313
Exponent Inc(a)			3,237				334,738
Fabrinet*			2,343				312,580
FARO Technologies Inc*			1,177				35,216
Federal Signal Corp			3,821				185,662
Forward Air Corp			1,722				193,501
Franklin Electric Co Inc			2,481				206,667
Frontdoor Inc*			5,176				120,963
Gibraltar Industries Inc*			2,180				110,330

 

 

Granite Construction Inc			2,886				103,954
The Greenbrier Cos Inc			2,166				83,153
Griffon Corp			3,050				107,696
Harsco Corp*			5,252				39,285
Heartland Express Inc			2,909				48,697
Hillenbrand Inc			4,479				223,950
Hub Group Inc*			2,139				179,997
Ichor Holdings Ltd*			1,611				47,976
Insteel Industries Inc			1,310				38,632
Itron Inc*			2,868				152,520
John Bean Technologies Corp			1,987				182,526
Kaman Corp			1,860				37,888
Knowles Corp*			6,051				94,396
Lindsay Corp			685				120,896
Marten Transport Ltd			3,797				80,914
Materion Corp			1,281				103,197
Matson Inc			2,532				161,440
Matthews International Corp			2,048				64,840
Mesa Laboratories Inc			287				48,552
Moog Inc			1,811				157,611
Mueller Industries Inc			3,631				249,704
Myers Industries Inc			2,544				59,377
MYR Group Inc*			1,085				103,650
NV5 Global Inc*			742				107,226
O-I Glass Inc*			10,182				167,087
OSI Systems Inc*			1,028				90,957
PGT Innovations Inc*			3,924				77,656
Plexus Corp*			1,779				196,081
Proto Labs Inc*			1,786				47,365
Sanmina Corp*			3,800				251,142
SPX Technologies Inc*			2,841				190,063
Standex International Corp			817				85,826
Sturm Ruger & Co Inc			1,189				65,312
Tennant Co			1,234				78,396
TimkenSteel Corp*			2,857				53,426
Trinity Industries Inc			4,405				134,925
Triumph Group Inc*			3,587				41,071
TTM Technologies Inc*			6,638				106,673
UFP Industries Inc			3,958				324,002
Total Industrial							10,060,761
Technology (7.93%)
3D Systems Corp*			8,262				83,777
8x8 Inc*			6,972				29,840
Adeia Inc			6,541				72,278
Agilysys Inc*			1,224				81,274
Allscripts Healthcare Solutions Inc*			7,247				137,258
Alpha & Omega Semiconductor Ltd*			1,334				46,797
Apollo Medical Holdings Inc*			2,391				68,048
Axcelis Technologies Inc*			2,091				166,987
Cerence Inc*			2,459				50,434
CEVA Inc*			1,480				40,212
Cohu Inc*			2,793				100,045
Computer Programs and Systems Inc*			894				26,462
Consensus Cloud Solutions Inc*			1,021				57,983
Corsair Gaming Inc*			2,073				34,972
CSG Systems International Inc			1,943				120,155
Digi International Inc*			2,028				86,129
Digital Turbine Inc*			5,553				101,398
Diodes Inc*			2,808				258,982
Donnelley Financial Solutions Inc*			1,747				66,700
Ebix Inc			1,594				30,270
FormFactor Inc*			4,926				113,643
Insight Enterprises Inc*			2,197				228,290
Kulicke & Soffa Industries Inc			3,721				178,422
LivePerson Inc*			4,137				48,568
MaxLinear Inc*			4,450				162,870
NetScout Systems Inc*			4,707				175,477
NextGen Healthcare Inc*			3,468				72,134
Onto Innovation Inc*			3,158				252,482
PDF Solutions Inc*			1,992				62,489
Photronics Inc*			4,101				77,099
Pitney Bowes Inc			9,991				38,166
Progress Software Corp			2,733				145,724
Rambus Inc*			6,889				264,400
Simulations Plus Inc			871				35,354
SMART Global Holdings Inc*			2,976				50,324
SPS Commerce Inc*,(a)			2,276				323,784
TTEC Holdings Inc			1,178				56,485
Ultra Clean Holdings Inc*			2,695				96,023
Unisys Corp*			3,709				15,949
Veeco Instruments Inc*			3,181				63,238
Total Technology							4,120,922

 

 

Utilities (2.48%)
American States Water Co			2,308				226,161
Avista Corp			4,542				187,494
California Water Service Group			3,304				214,529
Chesapeake Utilities Corp			1,108				132,661
Middlesex Water Co			1,127				105,318
Northwest Natural Holding Co			2,034				101,924
South Jersey Industries Inc			7,646				265,316
Unitil Corp			1,026				56,245
Total Utilities							1,289,648
Total Common Stock (Cost $40,319,774)							56,178,421
United States Treasury Bills (0.58%)
United States Treasury Bill (Cost $299,400)			300,000				299,414
Right (0.01%)
Lantheus Holdings Inc*,(b)			6,190				7,119
Collateral Received for Securities on Loan (0.11%)
Mount Vernon Liquid Assets Portfolio, 7-Day Yield: 4.07% (Cost $59,472)							59,472
Total Investments (Cost $40,678,646) (108.75%)						$	56,544,426
Liabilities in Excess of Other Assets (-8.75%)							(4,549,887	)
Net Assets (100.00%)						$	51,994,539

 

* Non-income producing security.

 

# Loaned security; a portion of the security is on loan at November 30, 2022.

 

(a) A portion of these securities, a total of $2,894,008, have been pledged or segregated in connection with obligations for futures contracts.

 

(b) Level 3 security fair valued under procedures established by the Board of Trustees, represents 0.01% of net assets. The total value of the fair value securities is $7,119.

 

Futures contracts at November 30, 2022:  

Contracts - $50 times premium / delivery month / commitment / exchange  

Russell 2000 MINI	Notional Amount	Value	Unrealized Appreciation
3 / DEC 2022 / Long / CME	270,770	283,125	12,355

 

 

SHELTON EQUITY INCOME FUND  

Portfolio of Investments (Unaudited)  

November 30, 2022

 

Security Description		Shares				Value
Common Stock (87.21%)
Basic Materials (0.97%)
Dow Inc(a)			17,600			$	897,072
Newmont Corp(a)			44,200				2,098,174
Sensient Technologies Corp(a)			8,500				635,035
Total Basic Materials							3,630,281
Communications (12.85%)
Alphabet Inc - A*,(a)			40,600				4,100,194
Alphabet Inc - C*,(a)			40,600				4,118,870
Amazon.com Inc*,(a)			72,800				7,028,112
AT&T Inc(a)			274,600				5,294,288
Booking Holdings Inc*,(a)			1,900				3,950,955
Cisco Systems Inc(a)			55,500				2,759,460
Comcast Corp(a)			140,000				5,129,600
eBay Inc#,(a)			20,000				908,800
Meta Platforms Inc*,(a)			19,000				2,243,900
Motorola Solutions Inc(a)			4,600				1,252,120
T-Mobile US Inc*,(a)			23,800				3,604,748
Verizon Communications Inc(a)			110,300				4,299,494
The Walt Disney Co*,(a)			33,500				3,278,645
Warner Bros Discovery Inc*,(a)			30,191				344,177
Total Communications							48,313,363
Consumer, Cyclical (9.70%)
Amerityre Corp*			20,000,000				820,000
Costco Wholesale Corp(a)			16,500				8,897,625
DR Horton Inc#,(a)			41,300				3,551,800
Ford Motor Co(a)			54,000				750,600
Hilton Worldwide Holdings Inc(a)			16,500				2,353,230
LKQ Corp(a)			20,300				1,102,899
McDonald's Corp(a)			4,700				1,282,113
NIKE Inc(a)			34,600				3,795,274
PACCAR Inc(a)			14,000				1,482,740
Southwest Airlines Co*,(a)			33,900				1,352,949
Starbucks Corp(a)			21,000				2,146,200
Target Corp(a)			23,500				3,926,145
The TJX Cos Inc(a)			36,000				2,881,800
Walmart Inc			14,000				2,133,880
Total Consumer, Cyclical							36,477,255
Consumer, Non-Cyclical (23.26%)
Abbott Laboratories(a)			29,200				3,141,336
AbbVie Inc(a)			32,400				5,222,232
AmerisourceBergen Corp(a)			19,000				3,243,110
Archer-Daniels-Midland Co#,(a)			16,000				1,560,000
Biogen Inc*,(a)			6,800				2,075,156
Bristol-Myers Squibb Co(a)			35,800				2,874,024
Centene Corp*,(a)			30,000				2,611,500
The Coca-Cola Co#,(a)			67,800				4,312,758
Colgate-Palmolive Co(a)			3,400				263,432
Conagra Brands Inc(a)			92,800				3,524,544
CVS Health Corp(a)			31,000				3,158,280
Eli Lilly & Co(a)			15,200				5,640,416
The Estee Lauder Cos Inc(a)			6,400				1,509,056
Gilead Sciences Inc(a)			29,000				2,547,070
HCA Healthcare Inc(a)			13,000				3,122,860
Johnson & Johnson(a)			39,000				6,942,000
McKesson Corp#,(a)			13,300				5,076,344
Merck & Co Inc(a)			19,300				2,125,316
Organon & Co(a)			1,000				26,020
PayPal Holdings Inc*,(a)			35,300				2,767,873
Pfizer Inc(a)			149,000				7,469,370
The Procter & Gamble Co(a)			59,500				8,875,020
Sprouts Farmers Market Inc*,(a)			50,000				1,716,500
UnitedHealth Group Inc(a)			14,000				7,668,640
Total Consumer, Non-Cyclical							87,472,857
Energy (4.36%)
BP PLC(a)			25,200				904,680
Chevron Corp(a)			15,000				2,749,650
ConocoPhillips(a)			29,000				3,581,790
Devon Energy Corp(a)			40,000				2,740,800
Exxon Mobil Corp(a)			47,700				5,310,918

 

 

Schlumberger Ltd			10,000				515,500
Shell PLC(a)			10,000				584,700
Total Energy							16,388,038
Financial (12.00%)
Banks (3.15%)
Bank of America Corp			58,000				2,195,300
Citigroup Inc(a)			16,800				813,288
The Goldman Sachs Group Inc(a)			3,200				1,235,680
JPMorgan Chase & Co(a)			34,400				4,753,392
Morgan Stanley#,(a)			17,100				1,591,497
Wells Fargo & Co(a)			26,500				1,270,675
							11,859,832
Diversified Financial Service (5.51%)
American Express Co(a)			1,800				283,662
The Charles Schwab Corp(a)			76,000				6,273,040
Discover Financial Services(a)			4,500				487,620
Intercontinental Exchange Inc(a)			39,000				4,224,090
Mastercard Inc(a)			14,500				5,167,800
Visa Inc#,(a)			19,600				4,253,200
							20,689,412
Insurance (1.38%)
Aflac Inc(a)			28,000				2,014,040
Berkshire Hathaway Inc*,#,(a)			10,000				3,186,000
							5,200,040
Real Estate (1.96%)
American Tower Corp(a)			5,800				1,283,250
CBRE Group Inc*,(a)			27,500				2,189,000
Extra Space Storage Inc(a)			24,300				3,904,767
							7,377,017
Total Financial							45,126,301
Industrial (7.88%)
Atlas Corp(a)			25,000				384,250
The Boeing Co*,(a)			32,000				5,724,160
Caterpillar Inc(a)			7,200				1,702,152
Deere & Co(a)			2,200				970,200
General Dynamics Corp(a)			22,500				5,678,775
Lockheed Martin Corp(a)			6,000				2,911,140
Masco Corp(a)			24,000				1,218,720
Packaging Corp of America(a)			20,000				2,717,800
Raytheon Technologies Corp(a)			41,700				4,116,624
Union Pacific Corp(a)			15,700				3,413,651
Westrock Co(a)			21,200				803,904
Total Industrial							29,641,376
Technology (13.56%)
Adobe Inc*,(a)			12,000				4,139,160
Apple Inc(a)			44,100				6,528,123
Fiserv Inc*,(a)			6,500				678,340
Intel Corp(a)			98,000				2,946,860
Intuit Inc(a)			4,400				1,793,396
Microsoft Corp(a)			37,900				9,669,806
NetApp Inc(a)			37,700				2,548,897
NVIDIA Corp(a)			40,500				6,853,815
Oracle Corp(a)			50,500				4,193,015
Salesforce Inc*,(a)			23,900				3,829,975
Seagate Technology Holdings PLC(a)			40,000				2,118,800
Texas Instruments Inc(a)			31,600				5,702,536
Total Technology							51,002,723
Utilities (2.63%)
American Water Works Co Inc(a)			23,000				3,490,480
Dominion Energy Inc(a)			10,400				635,544
Duke Energy Corp(a)			9,000				899,370
NextEra Energy Inc(a)			11,300				957,110
Public Service Enterprise Group Inc(a)			16,500				999,075
The Southern Co(a)			43,000				2,908,520
Total Utilities							9,890,099
Total Common Stock (Cost $339,625,928)							327,942,293
United States Treasury Bills (13.83%)
United States Treasury Bill (Cost $51,997,369)			52,100,000				51,998,305
Total Investments (Cost $391,623,296) (101.04%)						$	379,940,598
Other Net Assets (-1.04%)							(3,921,255	)
Net Assets (100.00%)						$	376,019,343

 

 

* Non-income producing security.

 

# Loaned security; a portion of the security is on loan at November 30, 2022.

 

(a) A portion of these securities, a total of $291,128,551, have been pledged or segregated in connection with written options.

 

Written Call Options

 

		Expiration Date		Contracts				Strike Price				Notional Amount				Value
Apple Inc		12/16/2022			(175	)		$	155.00			$	2,712,500			$	(21,350	)
AbbVie Inc		12/16/2022			(134	)			160.00				2,144,000				(42,880	)
AmerisourceBergen Corp		12/16/2022			(100	)			172.50				1,725,000				(23,500	)
Abbott Laboratories		12/16/2022			(172	)			110.00				1,892,000				(15,652	)
Adobe Inc		12/16/2022			(20	)			350.00				700,000				(25,320	)
Archer-Daniels-Midland Co		12/16/2022			(50	)			100.00				500,000				(5,400	)
Aflac Inc		12/16/2022			(115	)			74.00				851,000				(5,175	)
American Tower Corp		12/16/2022			(20	)			230.00				460,000				(4,200	)
Amazon.com Inc		12/16/2022			(135	)			115.00				1,552,500				(1,890	)
American Water Works Co Inc		12/16/2022			(150	)			160.00				2,400,000				(8,250	)
American Express Co		12/16/2022			(18	)			170.00				306,000				(576	)
The Boeing Co		12/16/2022			(75	)			190.00				1,425,000				(13,500	)
Bank of America Corp		12/16/2022			(300	)			39.00				1,170,000				(9,000	)
Biogen Inc		12/16/2022			(20	)			320.00				640,000				(4,800	)
Booking Holdings Inc		12/16/2022			(4	)			2,080.00				832,000				(21,400	)
Bristol-Myers Squibb Co		12/16/2022			(190	)			81.00				1,539,000				(13,680	)
BP PLC		12/16/2022			(90	)			33.00				297,000				(28,350	)
Berkshire Hathaway Inc		12/16/2022			(60	)			325.00				1,950,000				(13,260	)
Citigroup Inc		12/16/2022			(60	)			50.00				300,000				(3,120	)
Conagra Brands Inc		12/16/2022			(500	)			38.00				1,900,000				(27,500	)
Caterpillar Inc		12/16/2022			(30	)			245.00				735,000				(6,420	)
CBRE Group Inc		12/16/2022			(120	)			80.00				960,000				(21,000	)
Colgate-Palmolive Co		12/16/2022			(34	)			77.50				263,500				(3,570	)
Comcast Corp		12/16/2022			(200	)			35.00				700,000				(40,600	)
Centene Corp		12/16/2022			(90	)			85.00				765,000				(31,500	)
ConocoPhillips		12/16/2022			(150	)			135.00				2,025,000				(8,850	)
Costco Wholesale Corp		12/16/2022			(25	)			520.00				1,300,000				(66,250	)
Salesforce Inc		12/16/2022			(117	)			185.00				2,164,500				(8,775	)
Cisco Systems Inc		12/16/2022			(225	)			49.50				1,113,750				(23,175	)
CVS Health Corp		12/16/2022			(130	)			100.00				1,300,000				(37,700	)
Chevron Corp		12/16/2022			(45	)			195.00				877,500				(2,835	)
Dominion Energy Inc		12/16/2022			(50	)			65.00				325,000				(750	)
Deere & Co		12/16/2022			(5	)			430.00				215,000				(7,650	)
Discover Financial Services		12/16/2022			(45	)			110.00				495,000				(9,338	)
DR Horton Inc		12/16/2022			(130	)			80.00				1,040,000				(76,440	)
The Walt Disney Co		12/16/2022			(110	)			105.00				1,155,000				(5,500	)
Dow Inc		12/16/2022			(70	)			52.50				367,500				(4,410	)
Duke Energy Corp		12/16/2022			(25	)			100.00				250,000				(4,250	)
Devon Energy Corp		12/16/2022			(90	)			80.00				720,000				(990	)
eBay Inc		12/16/2022			(100	)			46.50				465,000				(8,300	)
The Estee Lauder Cos Inc		12/16/2022			(34	)			230.00				782,000				(35,020	)
Extra Space Storage Inc		12/16/2022			(80	)			160.00				1,280,000				(19,600	)
Ford Motor Co		12/16/2022			(240	)			14.50				348,000				(5,040	)
Fiserv Inc		12/16/2022			(65	)			105.00				682,500				(15,600	)
General Dynamics Corp		12/16/2022			(140	)			260.00				3,640,000				(16,100	)
Gilead Sciences Inc		12/16/2022			(100	)			87.50				875,000				(17,000	)
Alphabet Inc		12/16/2022			(130	)			105.00				1,365,000				(17,550	)
Alphabet Inc		12/16/2022			(130	)			105.00				1,365,000				(15,600	)
The Goldman Sachs Group Inc		12/16/2022			(12	)			400.00				480,000				(3,072	)
HCA Healthcare Inc		12/16/2022			(80	)			250.00				2,000,000				(16,000	)
Hilton Worldwide Holdings Inc		12/16/2022			(65	)			145.00				942,500				(14,365	)
Intercontinental Exchange Inc		12/16/2022			(130	)			105.00				1,365,000				(50,440	)
Intel Corp		12/16/2022			(350	)			32.50				1,137,500				(4,550	)
Intuit Inc		12/16/2022			(15	)			470.00				705,000				(600	)
Johnson & Johnson		12/16/2022			(120	)			180.00				2,160,000				(13,680	)
JPMorgan Chase & Co		12/16/2022			(125	)			140.00				1,750,000				(22,500	)
The Coca-Cola Co		12/16/2022			(56	)			60.00				336,000				(21,392	)
LKQ Corp		12/16/2022			(203	)			55.00				1,116,500				(8,120	)
Eli Lilly & Co		12/16/2022			(42	)			380.00				1,596,000				(26,250	)
Lockheed Martin Corp		12/16/2022			(10	)			500.00				500,000				(2,820	)
Southwest Airlines Co		12/16/2022			(139	)			40.50				562,950				(10,425	)
Mastercard Inc		12/16/2022			(40	)			325.00				1,300,000				(93,520	)
Masco Corp		12/16/2022			(240	)			50.00				1,200,000				(34,800	)
McDonald's Corp		12/16/2022			(27	)			280.00				756,000				(2,943	)
McKesson Corp		12/16/2022			(38	)			370.00				1,406,000				(45,600	)
Meta Platforms Inc		12/16/2022			(45	)			130.00				585,000				(4,185	)
Merck & Co Inc		12/16/2022			(50	)			100.00				500,000				(50,500	)
Morgan Stanley		12/16/2022			(71	)			92.50				656,750				(18,389	)
Microsoft Corp		12/16/2022			(180	)			270.00				4,860,000				(20,340	)
Motorola Solutions Inc		12/16/2022			(46	)			280.00				1,288,000				(8,970	)
NextEra Energy Inc		12/16/2022			(40	)			87.50				350,000				(3,040	)
Newmont Corp		12/16/2022			(100	)			47.50				475,000				(12,100	)
NIKE Inc		12/16/2022			(80	)			105.00				840,000				(44,880	)
NetApp Inc		12/16/2022			(177	)			80.00				1,416,000				(885	)
NVIDIA Corp		12/16/2022			(160	)			155.00				2,480,000				(268,480	)
NVIDIA Corp		12/16/2022			(15	)			160.00				240,000				(19,365	)
Organon & Co		12/16/2022			(10	)			25.00				25,000				(1,150	)

 

 

Oracle Corp		12/16/2022			(205	)			87.50				1,793,750				(22,755	)
PACCAR Inc		12/16/2022			(70	)			110.00				770,000				(3,850	)
Public Service Enterprise Group Inc		12/16/2022			(165	)			60.00				990,000				(21,450	)
Pfizer Inc		12/16/2022			(300	)			51.00				1,530,000				(16,800	)
The Procter & Gamble Co		12/16/2022			(70	)			140.00				980,000				(65,240	)
Packaging Corp of America		12/16/2022			(70	)			135.00				945,000				(28,700	)
PayPal Holdings Inc		12/16/2022			(153	)			87.50				1,338,750				(9,333	)
Raytheon Technologies Corp		12/16/2022			(117	)			100.00				1,170,000				(14,976	)
Starbucks Corp		12/16/2022			(110	)			105.00				1,155,000				(12,650	)
The Charles Schwab Corp		12/16/2022			(260	)			85.00				2,210,000				(21,320	)
Sprouts Farmers Market Inc		12/16/2022			(200	)			34.00				680,000				(24,000	)
Shell PLC		12/16/2022			(30	)			57.50				172,500				(5,730	)
Schlumberger Ltd		12/16/2022			(40	)			55.00				220,000				(1,920	)
The Southern Co		12/16/2022			(230	)			67.50				1,552,500				(31,740	)
Seagate Technology Holdings PLC		12/16/2022			(150	)			60.00				900,000				(1,800	)
Sensient Technologies Corp		12/16/2022			(85	)			75.00				637,500				(12,538	)
AT&T Inc		12/16/2022			(600	)			19.50				1,170,000				(12,600	)
Target Corp		12/16/2022			(51	)			180.00				918,000				(4,029	)
The TJX Cos Inc		12/16/2022			(160	)			85.00				1,360,000				(3,840	)
T-Mobile US Inc		12/16/2022			(65	)			155.00				1,007,500				(9,295	)
Texas Instruments Inc		12/16/2022			(226	)			180.00				4,068,000				(106,220	)
UnitedHealth Group Inc		12/16/2022			(45	)			560.00				2,520,000				(16,875	)
Union Pacific Corp		12/16/2022			(83	)			220.00				1,826,000				(31,374	)
Visa Inc		12/16/2022			(58	)			215.00				1,247,000				(31,320	)
Verizon Communications Inc		12/16/2022			(300	)			40.00				1,200,000				(7,800	)
Wells Fargo & Co		12/16/2022			(165	)			49.00				808,500				(9,900	)
Westrock Co		12/16/2022			(62	)			37.50				232,500				(7,285	)
Exxon Mobil Corp		12/16/2022			(100	)			120.00				1,200,000				(3,500	)
Total Written Call Options												$	120,501,950			$	(2,160,817	)
(Premiums Received $1,704,761)

 

 

NASDAQ 100 INDEX FUND

Portfolio of Investments (Unaudited)  

November 30, 2022

 

Security Description		Shares				Value
Common Stock (102.34%)
Communications (25.31%)
Internet (19.32%)
Airbnb Inc*			33,338			$	3,405,143
Alphabet Inc - A*			312,014				31,510,294
Alphabet Inc - C*			320,705				32,535,522
Amazon.com Inc*,(a)			530,131				51,178,847
Baidu Inc*			15,987				1,736,188
Booking Holdings Inc*			3,427				7,126,275
eBay Inc#			48,827				2,218,699
JD.com Inc			44,198				2,527,242
Match Group Inc*			24,310				1,229,114
MercadoLibre Inc*			4,345				4,045,130
Meta Platforms Inc*,(a)			177,710				20,987,551
Netflix Inc*			38,392				11,729,908
Okta Inc*			12,676				675,884
Palo Alto Networks Inc*			26,067				4,428,783
Pinduoduo Inc*			38,481				3,156,981
VeriSign Inc*			9,260				1,850,241
							180,341,802
Media (2.33%)
Charter Communications Inc*			14,110				5,521,102
Comcast Corp			380,194				13,930,308
Sirius XM Holdings Inc#			344,861				2,238,148
							21,689,558
Telecommunications (3.66%)
Cisco Systems Inc			357,503				17,775,049
T-Mobile US Inc*			108,265				16,397,817
							34,172,866
Total Communications							236,204,226
Consumer, Cyclical (10.24%)
Copart Inc*			41,256				2,745,999
Costco Wholesale Corp			38,242				20,621,999
Dollar Tree Inc*,#			19,744				2,967,326
Fastenal Co			50,023				2,576,685
Lucid Group Inc*,#			141,385				1,433,644
Lululemon Athletica Inc*			10,837				4,121,419
Marriott International Inc			28,019				4,632,942
O'Reilly Automotive Inc*			5,466				4,725,576
PACCAR Inc			30,194				3,197,847
Ross Stores Inc#			30,906				3,636,709
Starbucks Corp			100,029				10,222,964
Tesla Inc*			161,733				31,489,415
Walgreens Boots Alliance Inc			75,284				3,124,286
Total Consumer, Cyclical							95,496,811
Consumer, Non-Cyclical (14.96%)
Align Technology Inc*			6,858				1,348,694
Amgen Inc			46,182				13,226,525
AstraZeneca PLC			49,607				3,371,788
Automatic Data Processing Inc			35,872				9,475,230
Biogen Inc*			12,488				3,810,963
Cintas Corp			8,993				4,152,788
Dexcom Inc*			34,512				4,013,055
Gilead Sciences Inc			109,396				9,608,251
IDEXX Laboratories Inc*			7,374				3,140,365

 

 

Illumina Inc*			13,593				2,964,361
Intuitive Surgical Inc*			30,830				8,336,124
Keurig Dr Pepper Inc			124,730				4,823,309
The Kraft Heinz Co			106,457				4,189,083
Moderna Inc*			33,773				5,941,008
Mondelez International Inc			118,325				7,999,953
Monster Beverage Corp*			46,573				4,790,499
PayPal Holdings Inc*			99,842				7,828,611
PepsiCo Inc			119,131				22,099,992
Regeneron Pharmaceuticals Inc*			9,254				6,956,232
Seagen Inc*			15,903				1,930,465
Verisk Analytics Inc			14,016				2,574,879
Vertex Pharmaceuticals Inc*			22,141				7,005,412
Total Consumer, Non-Cyclical							139,587,587
Industrial (2.34%)
CSX Corp			184,860				6,043,073
Honeywell International Inc			58,162				12,769,467
Old Dominion Freight Line Inc			9,988				3,022,469
Total Industrial							21,835,009
Technology (47.99%)
Computers (14.37%)
Apple Inc(a)			836,303				123,797,933
Cognizant Technology Solutions Corp			45,682				2,841,877
Crowdstrike Holdings Inc*			18,608				2,189,231
Fortinet Inc*			68,075				3,618,867
Zscaler Inc*			12,027				1,605,003
							134,052,911
Semiconductors (15.77%)
Advanced Micro Devices Inc*,#			139,369				10,819,215
Analog Devices Inc			44,404				7,633,492
Applied Materials Inc			75,333				8,256,497
ASML Holding NV			7,471				4,543,265
Broadcom Inc			34,963				19,265,662
Intel Corp			354,484				10,659,334
KLA Corp			12,455				4,896,683
Lam Research Corp			11,826				5,586,366
Marvell Technology Inc			73,376				3,413,452
Microchip Technology Inc			47,650				3,773,404
Micron Technology Inc			95,238				5,490,471
NVIDIA Corp			182,350				30,859,091
NXP Semiconductors NV			22,837				4,015,658
QUALCOMM Inc			96,952				12,263,458
Skyworks Solutions Inc			14,384				1,375,398
Texas Instruments Inc			78,883				14,235,226
							147,086,672
Software (17.85%)
Activision Blizzard Inc			68,192				5,042,798
Adobe Inc*			41,381				14,273,548
ANSYS Inc*			7,588				1,929,628
Atlassian Corp*			12,572				1,653,847
Autodesk Inc*			18,880				3,812,816
Cadence Design Systems Inc*			24,103				4,146,680
Datadog Inc*,#			24,691				1,871,084
DocuSign Inc*,#			17,109				805,321
Electronic Arts Inc			24,596				3,216,665
Fiserv Inc*			55,217				5,762,446
Intuit Inc			24,352				9,925,632
Microsoft Corp			388,087				99,016,515
NetEase Inc			14,220				1,011,326
Paychex Inc			31,361				3,889,705
Splunk Inc*			13,549				1,052,486
Synopsys Inc*			13,450				4,566,813
Workday Inc*			17,044				2,861,688
Zoom Video Communications Inc*			22,131				1,669,341

 

 

							166,508,339
Total Technology							447,647,922
Utilities (1.50%)
American Electric Power Co Inc			44,789				4,335,575
Constellation Energy Corp			28,005				2,691,841
Exelon Corp			86,188				3,565,598
Xcel Energy Inc			47,890				3,362,836
Total Utilities							13,955,850
Total Common Stock (Cost $474,369,254)							954,727,405
United States Treasury Bills (0.51%)
United States Treasury Bill (Cost $4,790,396)			4,800,000				4,790,631
Collateral Received for Securities on Loan (0.92%)
Mount Vernon Liquid Assets Portfolio, 7-Day Yield: 4.07% (Cost $8,590,252)							8,590,252
Total Investments (Cost $525,840,881) (103.78%)						$	968,108,288
Liabilities in Excess of Other Assets (-3.78%)							(35,227,120	)
Net Assets (100.00%)						$	932,881,168

 

* Non-income producing security.

 

# Loaned security; a portion of the security is on loan at November 30, 2022.

 

(a) A portion of these securities, a total of $46,681,231, have been pledged or segregated in connection with obligations for futures contracts.

 

Futures contracts at November 30, 2022:  

Contracts - $20 times premium / delivery month / commitment / exchange  

Nasdaq 100 E-MINI	Notional Amount	Value	Unrealized Appreciation
23 / DEC 2022 / Long / CME	5,141,100	5,539,458	398,358

 

 

SHELTON GREEN ALPHA FUND

Portfolio of Investments (Unaudited)  

November 30, 2022

 

Security Description		Shares				Value
Common Stock (96.52%)
Basic Materials (0.63%)
Daqo New Energy Corp*			25,000			$	1,422,750
Communications (5.39%)
SK Telecom Co Ltd			34,210				733,805
Switch Inc			334,157				11,444,877
Total Communications							12,178,682
Consumer, Cyclical (5.54%)
Interface Inc			78,600				851,238
QuantumScape Corp*			127,100				951,979
Rivian Automotive Inc*			40,000				1,281,600
Steelcase Inc			119,200				945,256
Tesla Inc*			43,550				8,479,185
Total Consumer, Cyclical							12,509,258
Consumer, Non-Cyclical (15.85%)
Block Inc*			15,800				1,070,766
Caribou Biosciences Inc*			160,700				1,496,117
CRISPR Therapeutics AG*			74,850				4,101,032
Danaher Corp			30,000				8,202,300
Danone SA			87,300				914,031
Darling Ingredients Inc*			40,000				2,873,200
Editas Medicine Inc*			135,200				1,433,120
Moderna Inc*			56,720				9,977,615
Natural Grocers by Vitamin Cottage Inc			240,200				2,421,216
Sprouts Farmers Market Inc*			96,600				3,316,278
Total Consumer, Non-Cyclical							35,805,675
Energy (20.24%)
Canadian Solar Inc*			107,700				3,861,045
Enphase Energy Inc*			26,200				8,399,458
First Solar Inc*			57,322				9,889,763
JinkoSolar Holding Co Ltd*			110,556				5,669,312
Maxeon Solar Technologies Ltd*			5,208				119,888
SolarEdge Technologies Inc*,#			8,135				2,431,226
SunPower Corp*			200,536				4,862,998
Sunrun Inc*			38,100				1,241,298
Vestas Wind Systems A/S			1,095,500				9,256,975
Total Energy							45,731,963
Financial (11.30%)
Alexandria Real Estate Equities Inc			26,400				4,108,104
Digital Realty Trust Inc			23,900				2,687,794
Equinix Inc			4,770				3,294,401
Hannon Armstrong Sustainable Infrastructure Capital Inc			219,500				7,120,580
Horizon Technology Finance Corp			362,400				4,765,560

 

 

Kilroy Realty Corp			57,100				2,467,862
Vornado Realty Trust			42,900				1,084,941
Total Financial							25,529,242
Industrial (13.76%)
ABB Ltd			93,500				2,944,315
Accelleron Industries AG*			4,875				99,938
Advanced Energy Industries Inc			17,700				1,639,728
AECOM			40,000				3,400,000
Ag Growth International Inc			10,000				324,422
Deere & Co			10,000				4,410,000
Energy Recovery Inc*			50,000				1,159,000
Li-Cycle Holdings Corp*			79,500				506,415
Schneider Electric SE			30,000				4,435,693
Siemens AG			30,000				4,165,678
Trex Co Inc*			17,200				789,308
Valmont Industries Inc			8,000				2,709,280
Xylem Inc#			40,000				4,494,000
Total Industrial							31,077,777
Technology (17.45%)
Analog Devices Inc			8,230				1,414,819
Apple Inc			17,900				2,649,737
Applied Materials Inc			75,960				8,325,216
Fortinet Inc*			51,450				2,735,082
Infineon Technologies AG			40,000				1,348,800
International Business Machines Corp			60,100				8,948,890
Lam Research Corp			13,199				6,234,944
QUALCOMM Inc			42,880				5,423,891
Rapid7 Inc*			15,100				443,940
Taiwan Semiconductor Manufacturing Co Ltd			22,800				1,891,944
Total Technology							39,417,263
Utilities (6.36%)
Brookfield Renewable Corp			336,700				10,979,787
NextEra Energy Inc			40,000				3,388,000
Total Utilities							14,367,787
Total Common Stock (Cost $166,564,977)							218,040,397
Total Investments (Cost $166,564,977) (96.52%)						$	218,040,397
Other Net Assets (3.48%)							7,860,121
Net Assets (100.00%)						$	225,900,518

 

* Non-income producing security.

 

# Loaned security; a portion of the security is on loan at November 30, 2022.