| Number of Shares | Value | |
| EXCHANGE-TRADED FUNDS – 98.6% | ||
| 159,114 | iShares Core S&P 500 ETF | $98,793,883 |
| 6,805 | SPDR S&P 500 ETF Trust | 4,204,469 |
| 164,258 | Vanguard S&P 500 ETF | 93,303,472 |
| TOTAL EXCHANGE-TRADED FUNDS | ||
| (Cost $145,937,496) | 196,301,824 |
| Number of Contracts | ||
| PURCHASED OPTIONS CONTRACTS – 1.1% | ||
| PUT OPTIONS – 1.1% | ||
| S&P 500 Index | ||
| 312 | Exercise Price: $5,750.00, Notional Amount: $179,400,000, Expiration Date: September 30, 2025 | 2,166,840 |
| 312 | Exercise Price: $2,800.00, Notional Amount: $87,360,000, Expiration Date: September 30, 2025 | 56,160 |
| TOTAL PUT OPTIONS | ||
| (Cost $5,127,854) | 2,223,000 | |
| TOTAL PURCHASED OPTIONS CONTRACTS | ||
| (Cost $5,127,854) | 2,223,000 |
| Principal Amount | ||
| SHORT-TERM INVESTMENTS–1.0% | ||
| $1,899,704 | UMB Bank, Institutional Banking Money Market II Deposit Investment, 3.80%1 | 1,899,703 |
| TOTAL SHORT-TERM INVESTMENTS | ||
| (Cost $1,899,704) | 1,899,703 | |
| TOTAL INVESTMENTS – 100.7% | ||
| (Cost $152,965,054) | 200,424,527 | |
| Liabilities in Excess of Other Assets – (0.7)% | (1,316,548) | |
| TOTAL NET ASSETS – 100.0% | $199,107,979 |
| Number of Contracts | ||
| WRITTEN OPTIONS CONTRACTS – (0.3)% | ||
| PUT OPTIONS – (0.3)% | ||
| S&P 500 Index | ||
| (624) | Exercise Price: $4,250.00, Notional Amount: $(265,200,000), Expiration Date: September 30, 2025 | (505,440) |
| TOTAL PUT OPTIONS | ||
| (Proceeds $1,117,530) | (505,440) | |
| TOTAL WRITTEN OPTIONS CONTRACTS | ||
| (Proceeds $1,117,530) | $(505,440) |
| ETF – Exchange-Traded Fund |
| 1The rate is the annualized seven-day yield at period end. |