How did the Fund perform last year? What affected the Fund's performance?

FUND AND MARKET PERFORMANCE

For the fiscal year ended April 30, 2026, the Steward Values Enhanced Large Cap Fund (Institutional Class) (the “Fund”) returned 29.51%, underperforming the S&P 500 Index (the “Benchmark”) return of 31.05%.

Positive and negative contributors to performance

The Fund implements a strategy to upweight companies that score at the top of its positive value score rankings. At fiscal year end, the Fund screened out 4.6% of the Benchmark weight; therefore, the Fund upweighted 46 companies by at least 10 basis points (“bps”) each.

The performance of the Fund can also be affected by its values-based screening policies. For the year fiscal year ended April 30, 2026, the Fund’s values-based screening policies had a negative performance impact of 62 bps. Not owning companies such as Johnson and Johnson (51.1%), Merck (32.8%) and AbbVie (11.9%) detracted 56 bps of relative performance, collectively.  All three names are restricted for participation in embryonic stem cell research.

On the positive side, not owning UnitedHealth (-7.4%) and Vertex (-16.1%) added 20 bps of relative performance.  UnitedHealth cannot be held due to owning abortion facilities and Vertex cannot be held due to participation in embryonic stem cell research.

Fund Performance

The performance graph below shows the performance of a hypothetical $100,000 initial investment in the Fund's Institutional Class over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Institutional Class for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Institutional Class to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $100,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

How did the Fund perform last year? What affected the Fund's performance?

FUND AND MARKET PERFORMANCE

For the fiscal year ended April 30, 2026, the Steward Values Enhanced Large Cap Fund (Class R6) (the “Fund”) returned 29.65%, underperforming the S&P 500 Index (the “Benchmark”) return of 31.05%.

Positive and negative contributors to performance

The Fund implements a strategy to upweight companies that score at the top of its positive value score rankings. At fiscal year end, the Fund screened out 4.6% of the Benchmark weight; therefore, the Fund upweighted 46 companies by at least 10 basis points (“bps”) each.

The performance of the Fund can also be affected by its values-based screening policies. For the year fiscal year ended April 30, 2026, the Fund’s values-based screening policies had a negative performance impact of 62 bps. Not owning companies such as Johnson and Johnson (51.1%), Merck (32.8%) and AbbVie (11.9%) detracted 56 bps of relative performance, collectively.  All three names are restricted for participation in embryonic stem cell research.

On the positive side, not owning UnitedHealth (-7.4%) and Vertex (-16.1%) added 20 bps of relative performance.  UnitedHealth cannot be held due to owning abortion facilities and Vertex cannot be held due to participation in embryonic stem cell research.

Fund Performance

The performance graph below shows the performance of a hypothetical $10,000 initial investment in the Fund's Class R6 over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Class R6 for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Class R6 to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $10,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

How did the Fund perform last year? What affected the Fund's performance?

FUND AND MARKET PERFORMANCE

For the fiscal year ended April 30, 2026, the Steward Values Enhanced Large Cap Fund (Class A) (the “Fund”) returned 29.15%, underperforming the S&P 500 Index (the “Benchmark”) return of 31.05%.

Positive and negative contributors to performance

The Fund implements a strategy to upweight companies that score at the top of its positive value score rankings. At fiscal year end, the Fund screened out 4.6% of the Benchmark weight; therefore, the Fund upweighted 46 companies by at least 10 basis points (“bps”) each.

The performance of the Fund can also be affected by its values-based screening policies. For the year fiscal year ended April 30, 2026, the Fund’s values-based screening policies had a negative performance impact of 62 bps. Not owning companies such as Johnson and Johnson (51.1%), Merck (32.8%) and AbbVie (11.9%) detracted 56 bps of relative performance, collectively.  All three names are restricted for participation in embryonic stem cell research.

On the positive side, not owning UnitedHealth (-7.4%) and Vertex (-16.1%) added 20 bps of relative performance.  UnitedHealth cannot be held due to owning abortion facilities and Vertex cannot be held due to participation in embryonic stem cell research.

Fund Performance

The performance graph below shows the performance of a hypothetical $10,000 initial investment in the Fund's Class A over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Class A for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Class A to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $10,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

Fund and Market Performance

For the fiscal year ended April 30, 2026, the Steward Select Bond Fund (Class A) (the “Fund”) returned 3.67%, outperforming the  Bloomberg U.S. Government/Credit Bond Index (the “Benchmark”) return of 3.55%.

Positive and Negative Contributors to Performance

There were numerous shocks to the economy during the period, including the differing variations of tariff policy, the surge of AI and the large capex associated with the technology, and the energy shock related to geopolitical events in the Middle East.  We shouldn’t be surprised that US 10-year yields vacillated, beginning the 12-month period at 4.16% on 4/30/25, hitting a high of the period on 5/21/25 at 4.60%, dropping to a low of 3.94% on 2/27/26, and ending the period on 4/30/26 at a level not too far from where we started at 4.37%.  Although the Fund maintained a shorter duration than its Benchmark, we did move duration much closer to neutral to help reduce interest rate volatility as we expected the Fed to begin cutting rates towards the end of 2025.  We also increased the US Treasury allocation to take advantage of opportunities in the sector and better align with the Benchmark.  The largest positive contributors to the Fund’s outperformance relative to the Benchmark were duration, security selection, allocation decisions, and the carry effect as the yield curve steepened.  The spread effect was the largest drag on performance relative to the Benchmark as there were brief spans of spread widening and our overweight to the corporate sector, although a positive for the income component of total return, intensified that effect.

Fund Performance

The performance graph below shows the performance of a hypothetical $10,000 initial investment in the Fund's Class A over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Class A for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Class A to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $10,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

Fund and Market Performance

For the fiscal year ended April 30, 2026, the Steward Select Bond Fund (Institutional Class) (the “Fund”) returned 3.93%, outperforming the  Bloomberg U.S. Government/Credit Bond Index (the “Benchmark”) return of 3.55%.

Positive and Negative Contributors to Performance

There were numerous shocks to the economy during the period, including the differing variations of tariff policy, the surge of AI and the large capex associated with the technology, and the energy shock related to geopolitical events in the Middle East.  We shouldn’t be surprised that US 10-year yields vacillated, beginning the 12-month period at 4.16% on 4/30/25, hitting a high of the period on 5/21/25 at 4.60%, dropping to a low of 3.94% on 2/27/26, and ending the period on 4/30/26 at a level not too far from where we started at 4.37%.  Although the Fund maintained a shorter duration than its Benchmark, we did move duration much closer to neutral to help reduce interest rate volatility as we expected the Fed to begin cutting rates towards the end of 2025.  We also increased the US Treasury allocation to take advantage of opportunities in the sector and better align with the Benchmark.  The largest positive contributors to the Fund’s outperformance relative to the Benchmark were duration, security selection, allocation decisions, and the carry effect as the yield curve steepened.  The spread effect was the largest drag on performance relative to the Benchmark as there were brief spans of spread widening and our overweight to the corporate sector, although a positive for the income component of total return, intensified that effect.

Fund Performance

The performance graph below shows the performance of a hypothetical $100,000 initial investment in the Fund's Institutional Class over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Institutional Class for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Institutional Class to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $100,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

What were the Fund costs for the last year?

(Based on a hypothetical $10,000 investment)

The Blended Benchmark Index is comprised of the S&P Developed Markets ADR Index (85%) and the S&P Emerging 50 ADR Index (15%). The Blended Benchmark Index was added as an additional comparative index because the Fund's investment adviser believes the Blended Benchmark Index better represents the Fund's overall investment process.

What did the Fund invest in? (April 30, 2026)

The tables below show the investment makeup of the Fund, representing the percentage of the net assets of the Fund.

TOP TEN HOLDINGS

SECTOR ALLOCATION

GEOGRAPHICAL ALLOCATION

Material Fund Changes

This is a summary of certain changes to the Fund since May 1, 2025. For more comprehensive information, you may review the Fund's prospectus and any applicable supplements at crossmarkglobal.com/stewardfunds/ or by contacting 888-845-6910.

Effective July 31, 2025, the name of the Fund was changed from Steward International Enhanced Index Fund to Steward Values Enhanced International Fund. In addition to the name change, the Fund also (i) eliminated its investment policy that, under normal circumstances, the Fund invests at least 80% of its assets in the securities of companies included in the S&P International 700 ADR Index (however, the Fund still invests at least 80% of its assets in the securities of non-U.S. companies) and (ii) amended its investment process to provide for the upweighting of a certain number of portfolio companies, relative to their weightings in the Blended Benchmark Index, based on their positive value scores.

This is a summary of certain changes to the Fund since May 1, 2025. For more comprehensive information, you may review the Fund's prospectus and any applicable supplements at crossmarkglobal.com/stewardfunds/ or by contacting 888-845-6910.

What were the Fund costs for the last year?

(Based on a hypothetical $10,000 investment)

The Blended Benchmark Index is comprised of the S&P Developed Markets ADR Index (85%) and the S&P Emerging 50 ADR Index (15%). The Blended Benchmark Index was added as an additional comparative index because the Fund's investment adviser believes the Blended Benchmark Index better represents the Fund's overall investment process.

What did the Fund invest in? (April 30, 2026)

The tables below show the investment makeup of the Fund, representing the percentage of the net assets of the Fund.

TOP TEN HOLDINGS

SECTOR ALLOCATION

GEOGRAPHICAL ALLOCATION

Material Fund Changes

This is a summary of certain changes to the Fund since May 1, 2025. For more comprehensive information, you may review the Fund's prospectus and any applicable supplements at crossmarkglobal.com/stewardfunds/ or by contacting 888-845-6910.

Effective July 31, 2025, the name of the Fund was changed from Steward International Enhanced Index Fund to Steward Values Enhanced International Fund. In addition to the name change, the Fund also (i) eliminated its investment policy that, under normal circumstances, the Fund invests at least 80% of its assets in the securities of companies included in the S&P International 700 ADR Index (however, the Fund still invests at least 80% of its assets in the securities of non-U.S. companies) and (ii) amended its investment process to provide for the upweighting of a certain number of portfolio companies, relative to their weightings in the Blended Benchmark Index, based on their positive value scores.

This is a summary of certain changes to the Fund since May 1, 2025. For more comprehensive information, you may review the Fund's prospectus and any applicable supplements at crossmarkglobal.com/stewardfunds/ or by contacting 888-845-6910.

What were the Fund costs for the last year?

(Based on a hypothetical $10,000 investment)

The Blended Benchmark Index is comprised of the S&P Developed Markets ADR Index (85%) and the S&P Emerging 50 ADR Index (15%). The Blended Benchmark Index was added as an additional comparative index because the Fund's investment adviser believes the Blended Benchmark Index better represents the Fund's overall investment process.

What did the Fund invest in? (April 30, 2026)

The tables below show the investment makeup of the Fund, representing the percentage of the net assets of the Fund.

TOP TEN HOLDINGS

SECTOR ALLOCATION

GEOGRAPHICAL ALLOCATION

Material Fund Changes

This is a summary of certain changes to the Fund since May 1, 2025. For more comprehensive information, you may review the Fund's prospectus and any applicable supplements at crossmarkglobal.com/stewardfunds/ or by contacting 888-845-6910.

Effective July 31, 2025, the name of the Fund was changed from Steward International Enhanced Index Fund to Steward Values Enhanced International Fund. In addition to the name change, the Fund also (i) eliminated its investment policy that, under normal circumstances, the Fund invests at least 80% of its assets in the securities of companies included in the S&P International 700 ADR Index (however, the Fund still invests at least 80% of its assets in the securities of non-U.S. companies) and (ii) amended its investment process to provide for the upweighting of a certain number of portfolio companies, relative to their weightings in the Blended Benchmark Index, based on their positive value scores.

This is a summary of certain changes to the Fund since May 1, 2025. For more comprehensive information, you may review the Fund's prospectus and any applicable supplements at crossmarkglobal.com/stewardfunds/ or by contacting 888-845-6910.

Fund and Market Performance

For the fiscal year ended April 30, 2026, the Steward Global Equity Income Fund (Class A) (the “Fund”) returned 25.33%, underperforming the MSCI World Index (the “Benchmark”) return of 29.68%. For dividend income comparison purposes, the MSCI World High Dividend Yield Index returned 20.82%.

Positive and Negative Contributors to Performance

The Fund’s allocation at the end of the period was 60% U.S. and 40% international. From a country perspective, the U.S. was the largest contributor to performance with a total return of 15.76%. Canada (14.03% of total net assets) was the second largest contributor with a total return of 47.38%. India (0.98% of total net assets) and the Philippines (1.25% of total net assets) were negative contributing countries, with total returns of -23.92% and -8.85% during the period, respectively.

The leading positive stock contributors to performance included Taiwan Semiconductor Manufacturing Co. (3.97% of total net assets), Broadcom Inc. (3.11% of total net assets), and Analog Devices, Inc. (1.86% of total net assets). Total return for these stocks was 139.88%, 118.63%, and 109.55% during the period, respectively. Leading negative stock contributors to performance were Paychex, Inc. (1.53% of total net assets), Accenture PLC (0.94% of total net assets), and Broadridge Financial Solutions, Inc. (1.38% of total net assets). Total return for these stocks was -34.81%, -39.50%, and -35.38% for the period, respectively.

Relative to the Benchmark, performance was negatively impacted from relative underweights in NVIDIA Corp., Alphabet Inc., and Micron Technology which rose 83.27%, 143.15%, and 573.71% during the period, respectively. These stocks were excluded from the Fund because their dividend yields failed to meet longstanding minimum criteria for the strategy.

For the fiscal year ended April 30, 2026, the Fund’s values-based screening policies had a positive impact on performance relative to the Benchmark. For example, the screens restricted UnitedHealth Group from purchase in the Fund due to the company’s Abortion activities as well as Philip Morris International due to its Tobacco business. Total return during the period for these stocks was -7.40% and -0.24%, respectively. Not owning these underperforming stocks positively impacted Fund performance.

Fund Performance

The performance graph below shows the performance of a hypothetical $10,000 initial investment in the Fund's Class A over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Class A for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Class A to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $10,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

How did the Fund perform last year? What affected the Fund's performance?

Fund and Market Performance

For the fiscal year ended April 30, 2026, the Steward Global Equity Income Fund (Class C) (the “Fund”) returned 24.42%, underperforming the MSCI World Index (the “Benchmark”) return of 29.68%. For dividend income comparison purposes, the MSCI World High Dividend Yield Index returned 20.82%.

Positive and Negative Contributors to Performance

The Fund’s allocation at the end of the period was 60% U.S. and 40% international. From a country perspective, the U.S. was the largest contributor to performance with a total return of 15.76%. Canada (14.03% of total net assets) was the second largest contributor with a total return of 47.38%. India (0.98% of total net assets) and the Philippines (1.25% of total net assets) were negative contributing countries, with total returns of -23.92% and -8.85% during the period, respectively.

The leading positive stock contributors to performance included Taiwan Semiconductor Manufacturing Co. (3.97% of total net assets), Broadcom Inc. (3.11% of total net assets), and Analog Devices, Inc. (1.86% of total net assets). Total return for these stocks was 139.88%, 118.63%, and 109.55% during the period, respectively. Leading negative stock contributors to performance were Paychex, Inc. (1.53% of total net assets), Accenture PLC (0.94% of total net assets), and Broadridge Financial Solutions, Inc. (1.38% of total net assets). Total return for these stocks was -34.81%, -39.50%, and -35.38% for the period, respectively.

Relative to the Benchmark, performance was negatively impacted from relative underweights in NVIDIA Corp., Alphabet Inc., and Micron Technology which rose 83.27%, 143.15%, and 573.71% during the period, respectively. These stocks were excluded from the Fund because their dividend yields failed to meet longstanding minimum criteria for the strategy.

For the fiscal year ended April 30, 2026, the Fund’s values-based screening policies had a positive impact on performance relative to the Benchmark. For example, the screens restricted UnitedHealth Group from purchase in the Fund due to the company’s Abortion activities as well as Philip Morris International due to its Tobacco business. Total return during the period for these stocks was -7.40% and -0.24%, respectively. Not owning these underperforming stocks positively impacted Fund performance.

Fund Performance

The performance graph below shows the performance of a hypothetical $10,000 initial investment in the Fund's Class C over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Class C for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Class C to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $10,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

How did the Fund perform last year? What affected the Fund's performance?

Fund and Market Performance

For the fiscal year ended April 30, 2026, the Steward Global Equity Income Fund (Class R6) (the “Fund”) returned 25.80%, underperforming the MSCI World Index (the “Benchmark”) return of 29.68%. For dividend income comparison purposes, the MSCI World High Dividend Yield Index returned 20.82%.

Positive and Negative Contributors to Performance

The Fund’s allocation at the end of the period was 60% U.S. and 40% international. From a country perspective, the U.S. was the largest contributor to performance with a total return of 15.76%. Canada (14.03% of total net assets) was the second largest contributor with a total return of 47.38%. India (0.98% of total net assets) and the Philippines (1.25% of total net assets) were negative contributing countries, with total returns of -23.92% and -8.85% during the period, respectively.

The leading positive stock contributors to performance included Taiwan Semiconductor Manufacturing Co. (3.97% of total net assets), Broadcom Inc. (3.11% of total net assets), and Analog Devices, Inc. (1.86% of total net assets). Total return for these stocks was 139.88%, 118.63%, and 109.55% during the period, respectively. Leading negative stock contributors to performance were Paychex, Inc. (1.53% of total net assets), Accenture PLC (0.94% of total net assets), and Broadridge Financial Solutions, Inc. (1.38% of total net assets). Total return for these stocks was -34.81%, -39.50%, and -35.38% for the period, respectively.

Relative to the Benchmark, performance was negatively impacted from relative underweights in NVIDIA Corp., Alphabet Inc., and Micron Technology which rose 83.27%, 143.15%, and 573.71% during the period, respectively. These stocks were excluded from the Fund because their dividend yields failed to meet longstanding minimum criteria for the strategy.

For the fiscal year ended April 30, 2026, the Fund’s values-based screening policies had a positive impact on performance relative to the Benchmark. For example, the screens restricted UnitedHealth Group from purchase in the Fund due to the company’s Abortion activities as well as Philip Morris International due to its Tobacco business. Total return during the period for these stocks was -7.40% and -0.24%, respectively. Not owning these underperforming stocks positively impacted Fund performance.

Fund Performance

The performance graph below shows the performance of a hypothetical $10,000 initial investment in the Fund's Class R6 over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Class R6 for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Class R6 to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $10,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

How did the Fund perform last year? What affected the Fund's performance?

Fund and Market Performance

For the fiscal year ended April 30, 2026, the Steward Global Equity Income Fund (Institutional Class) (the “Fund”) returned 25.64%, underperforming the MSCI World Index (the “Benchmark”) return of 29.68%. For dividend income comparison purposes, the MSCI World High Dividend Yield Index returned 20.82%.

Positive and Negative Contributors to Performance

The Fund’s allocation at the end of the period was 60% U.S. and 40% international. From a country perspective, the U.S. was the largest contributor to performance with a total return of 15.76%. Canada (14.03% of total net assets) was the second largest contributor with a total return of 47.38%. India (0.98% of total net assets) and the Philippines (1.25% of total net assets) were negative contributing countries, with total returns of -23.92% and -8.85% during the period, respectively.

The leading positive stock contributors to performance included Taiwan Semiconductor Manufacturing Co. (3.97% of total net assets), Broadcom Inc. (3.11% of total net assets), and Analog Devices, Inc. (1.86% of total net assets). Total return for these stocks was 139.88%, 118.63%, and 109.55% during the period, respectively. Leading negative stock contributors to performance were Paychex, Inc. (1.53% of total net assets), Accenture PLC (0.94% of total net assets), and Broadridge Financial Solutions, Inc. (1.38% of total net assets). Total return for these stocks was -34.81%, -39.50%, and -35.38% for the period, respectively.

Relative to the Benchmark, performance was negatively impacted from relative underweights in NVIDIA Corp., Alphabet Inc., and Micron Technology which rose 83.27%, 143.15%, and 573.71% during the period, respectively. These stocks were excluded from the Fund because their dividend yields failed to meet longstanding minimum criteria for the strategy.

For the fiscal year ended April 30, 2026, the Fund’s values-based screening policies had a positive impact on performance relative to the Benchmark. For example, the screens restricted UnitedHealth Group from purchase in the Fund due to the company’s Abortion activities as well as Philip Morris International due to its Tobacco business. Total return during the period for these stocks was -7.40% and -0.24%, respectively. Not owning these underperforming stocks positively impacted Fund performance.

Fund Performance

The performance graph below shows the performance of a hypothetical $100,000 initial investment in the Fund's Institutional Class over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Institutional Class for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Institutional Class to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $100,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

How did the Fund perform last year? What affected the Fund's performance?

FUND AND MARKET PERFORMANCE

For the fiscal year ended April 30, 2026, the Steward Values Enhanced Small-Mid Cap Fund (Institutional Class) (the “Fund”) returned 32.13%, underperforming the  S&P 1000 Index (the “Benchmark”) return of 32.43%.

Positive and negative contributors to performance

The Fund implements a strategy to upweight companies that score at the top of its positive value score rankings. At fiscal year end, the Fund screened out 4.6% of the Benchmark weight; therefore,  the Fund upweighted 46 companies by at least 10 basis points (“bps”) each.

The performance of the Fund can also be affected by its values-based screening policies. For the fiscal year ended April 30, 2026, the Fund’s values-based  screening policies had a negative performance impact of 72 bps. Not owning companies such as Casey’s General Stores (64.6%), Tenet Healthcare (23.9%) and Carlyle Group (33.0%) detracted 44 bps collectively.  Casey’s General Stores is excluded due to alcohol and tobacco sales while Tenet Healthcare and Carlyle Group are both removed for owning abortion related facilities.

On the positive side, not owning Corcept Therapeutics (-35.3%) and Medical Properties Trust (-4.0%) added 7 bps of relative performance.  Both names are removed for abortion-related activities.

Fund Performance

The performance graph below shows the performance of a hypothetical $100,000 initial investment in the Fund's Institutional Class over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Institutional Class for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Institutional Class to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $100,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

How did the Fund perform last year? What affected the Fund's performance?

FUND AND MARKET PERFORMANCE

For the fiscal year ended April 30, 2026, the Steward Values Enhanced Small-Mid Cap Fund (Class R6) (the “Fund”) returned 32.31%, underperforming the  S&P 1000 Index (the “Benchmark”) return of 32.43%.

Positive and negative contributors to performance

The Fund implements a strategy to upweight companies that score at the top of its positive value score rankings. At fiscal year end, the Fund screened out 4.6% of the Benchmark weight; therefore,  the Fund upweighted 46 companies by at least 10 basis points (“bps”) each.

The performance of the Fund can also be affected by its values-based screening policies. For the fiscal year ended April 30, 2026, the Fund’s values-based  screening policies had a negative performance impact of 72 bps. Not owning companies such as Casey’s General Stores (64.6%), Tenet Healthcare (23.9%) and Carlyle Group (33.0%) detracted 44 bps collectively.  Casey’s General Stores is excluded due to alcohol and tobacco sales while Tenet Healthcare and Carlyle Group are both removed for owning abortion related facilities.

On the positive side, not owning Corcept Therapeutics (-35.3%) and Medical Properties Trust (-4.0%) added 7 bps of relative performance.  Both names are removed for abortion-related activities.

Fund Performance

The performance graph below shows the performance of a hypothetical $10,000 initial investment in the Fund's Class R6 over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Class R6 for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Class R6 to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $10,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

How did the Fund perform last year? What affected the Fund's performance?

FUND AND MARKET PERFORMANCE

For the fiscal year ended April 30, 2026, the Steward Values Enhanced Small-Mid Cap Fund (Class A) (the “Fund”) returned 31.84%, underperforming the  S&P 1000 Index (the “Benchmark”) return of 32.43%.

Positive and negative contributors to performance

The Fund implements a strategy to upweight companies that score at the top of its positive value score rankings. At fiscal year end, the Fund screened out 4.6% of the Benchmark weight; therefore,  the Fund upweighted 46 companies by at least 10 basis points (“bps”) each.

The performance of the Fund can also be affected by its values-based screening policies. For the fiscal year ended April 30, 2026, the Fund’s values-based  screening policies had a negative performance impact of 72 bps. Not owning companies such as Casey’s General Stores (64.6%), Tenet Healthcare (23.9%) and Carlyle Group (33.0%) detracted 44 bps collectively.  Casey’s General Stores is excluded due to alcohol and tobacco sales while Tenet Healthcare and Carlyle Group are both removed for owning abortion related facilities.

On the positive side, not owning Corcept Therapeutics (-35.3%) and Medical Properties Trust (-4.0%) added 7 bps of relative performance.  Both names are removed for abortion-related activities.

Fund Performance

The performance graph below shows the performance of a hypothetical $10,000 initial investment in the Fund's Class A over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Class A for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Class A to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $10,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

How did the Fund perform last year? What affected the Fund's performance?

Fund and Market Performance

For the fiscal year ended April 30, 2026, the Steward Covered Call Income Fund (Class A) (the “Fund”) returned 18.54%, underperforming the S&P 500 Index (the “Benchmark”) return of 31.05%. The Fund’s secondary benchmark, the Cboe S&P 500 BuyWrite Index (BXM), returned 17.52% over the same period.

Positive and Negative Contributors to Performance

With regards to the performance attribution for the Fund during the fiscal year ended April 30, 2026, there were several sectors and individual stocks worth highlighting. From a sector allocation standpoint for the stock portfolio, the sectors contributing the most to relative performance against the Benchmark were information technology, energy, consumer discretionary and industrials. Detracting the most from relative performance were consumer staples, financials and healthcare. Several stocks that contributed the most to relative performance were Advanced Micro-Devices, Alphabet, Broadcom, Nvidia and Exxon Mobil. Stocks detracting the most from relative performance were SalesForce, ServiceNow and T-Mobile.  When considering the values-based screens we apply, the total impact to the Fund by not owning the screened-out companies was a materially positive 81 basis points, with the majority of the net impact coming from our embryonic stem cell research screens and abortion-related screens.

Fund Performance

The performance graph below shows the performance of a hypothetical $10,000 initial investment in the Fund's Class A over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Class A for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Class A to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $10,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

How did the Fund perform last year? What affected the Fund's performance?

Fund and Market Performance

For the fiscal year ended April 30, 2026, the Steward Covered Call Income Fund (Class C) (the “Fund”) returned 17.56%, underperforming the S&P 500 Index (the “Benchmark”) return of 31.05%. The Fund’s secondary benchmark, the Cboe S&P 500 BuyWrite Index (BXM), returned 17.52% over the same period.

Positive and Negative Contributors to Performance

With regards to the performance attribution for the Fund during the fiscal year ended April 30, 2026, there were several sectors and individual stocks worth highlighting. From a sector allocation standpoint for the stock portfolio, the sectors contributing the most to relative performance against the Benchmark were information technology, energy, consumer discretionary and industrials. Detracting the most from relative performance were consumer staples, financials and healthcare. Several stocks that contributed the most to relative performance were Advanced Micro-Devices, Alphabet, Broadcom, Nvidia and Exxon Mobil. Stocks detracting the most from relative performance were SalesForce, ServiceNow and T-Mobile.  When considering the values-based screens we apply, the total impact to the Fund by not owning the screened-out companies was a materially positive 81 basis points, with the majority of the net impact coming from our embryonic stem cell research screens and abortion-related screens.

Fund Performance

The performance graph below shows the performance of a hypothetical $10,000 initial investment in the Fund's Class C over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Class C for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Class C to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $10,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

How did the Fund perform last year? What affected the Fund's performance?

Fund and Market Performance

For the period August 28, 2025 (commencement of operations) through fiscal year ended April 30, 2026, the Steward Covered Call Income Fund (Class R6) (the “Fund”) returned 6.68%, underperforming the S&P 500 Index (the “Benchmark”) return of 11.76%. The Fund’s secondary benchmark, the Cboe S&P 500 BuyWrite Index (BXM), returned 11.28% over the same period.

Positive and Negative Contributors to Performance

With regards to the performance attribution for the Fund during the fiscal year ended April 30, 2026, there were several sectors and individual stocks worth highlighting. From a sector allocation standpoint for the stock portfolio, the sectors contributing the most to relative performance against the Benchmark were information technology, energy, consumer discretionary and industrials. Detracting the most from relative performance were consumer staples, financials and healthcare. Several stocks that contributed the most to relative performance were Advanced Micro-Devices, Alphabet, Broadcom, Nvidia and Exxon Mobil. Stocks detracting the most from relative performance were SalesForce, ServiceNow and T-Mobile.  When considering the values-based screens we apply, the total impact to the Fund by not owning the screened-out companies was a materially positive 81 basis points, with the majority of the net impact coming from our embryonic stem cell research screens and abortion-related screens.

Fund Performance

The performance graph below shows the performance of a hypothetical $10,000 initial investment in the Fund's Class R6 over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Class R6 for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Class R6 to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $10,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

How did the Fund perform last year? What affected the Fund's performance?

Fund and Market Performance

For the fiscal year ended April 30, 2026, the Steward Covered Call Income Fund (Institutional Class) (the “Fund”) returned 18.77%, underperforming the S&P 500 Index (the “Benchmark”) return of 31.05%. The Fund’s secondary benchmark, the Cboe S&P 500 BuyWrite Index (BXM), returned 17.52% over the same period.

Positive and Negative Contributors to Performance

With regards to the performance attribution for the Fund during the fiscal year ended April 30, 2026, there were several sectors and individual stocks worth highlighting. From a sector allocation standpoint for the stock portfolio, the sectors contributing the most to relative performance against the Benchmark were information technology, energy, consumer discretionary and industrials. Detracting the most from relative performance were consumer staples, financials and healthcare. Several stocks that contributed the most to relative performance were Advanced Micro-Devices, Alphabet, Broadcom, Nvidia and Exxon Mobil. Stocks detracting the most from relative performance were SalesForce, ServiceNow and T-Mobile.  When considering the values-based screens we apply, the total impact to the Fund by not owning the screened-out companies was a materially positive 81 basis points, with the majority of the net impact coming from our embryonic stem cell research screens and abortion-related screens.

Fund Performance

The performance graph below shows the performance of a hypothetical $100,000 initial investment in the Fund's Institutional Class over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Institutional Class for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Institutional Class to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $100,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

How did the Fund perform last year? What affected the Fund's Performance

Fund and Market Performance

For the fiscal year ended April 30, 2026, the Steward Equity Market Neutral Fund (Institutional Class) (the “Fund”) returned 1.56%, underperforming the ICE BofA 3 Month US Treasury Bill Index (the “Benchmark” ) return of 3.98%.

Positive and Negative Contributors to Performance

The underperformance of the Fund relative to the Benchmark was significantly influenced by a negative allocation effect, although partially offset by a positive stock selection effect. Specifically, the short positions within the materials and industrials sectors were the largest detractors from performance while short positions within consumer staples and communications services positively impacted performance during the period.  The long positions within industrials and consumer discretionary added value for the period only modestly offset by long positions in consumer staples.  On an individual stock basis, the  largest detractors from performance within the short positions were Five Below, Inc. and MP Materials Corp., while the short positions in Strategy Inc and Liberty Broadband Corp were among the top performers.   Within the long positions, GoDaddy, Inc. and H&R Block were the largest detractors from performance while Twilio, Inc., Cummins Inc. and WESCO International were the largest contributors. 

Fund Performance

The performance graph below shows the performance of a hypothetical $100,000 initial investment in the Fund's Institutional Class over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Institutional Class for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Institutional Class to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $100,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

How did the Fund perform last year? What affected the Fund's performance?

Fund and Market Performance

For the fiscal year ended April 30, 2026, the Steward Equity Market Neutral Fund (Class A) (the “Fund”) returned 1.34%, underperforming the ICE BofA 3 Month US Treasury Bill Index (the “Benchmark” ) return of 3.98%.

Positive and Negative Contributors to Performance

The underperformance of the Fund relative to the Benchmark was significantly influenced by a negative allocation effect, although partially offset by a positive stock selection effect. Specifically, the short positions within the materials and industrials sectors were the largest detractors from performance while short positions within consumer staples and communications services positively impacted performance during the period.  The long positions within industrials and consumer discretionary added value for the period only modestly offset by long positions in consumer staples.  On an individual stock basis, the  largest detractors from performance within the short positions were Five Below, Inc. and MP Materials Corp., while the short positions in Strategy Inc and Liberty Broadband Corp were among the top performers.   Within the long positions, GoDaddy, Inc. and H&R Block were the largest detractors from performance while Twilio, Inc., Cummins Inc. and WESCO International were the largest contributors. 

Fund Performance

The performance graph below shows the performance of a hypothetical $10,000 initial investment in the Fund's Class A over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Class A for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Class A to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $10,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

How did the Fund perform last year? What affected the Fund's performance?

Fund and Market Performance

For the fiscal year ended April 30, 2026, the Steward Large Cap Core Fund (Class A) (the “Fund”) returned 26.16%, underperforming the Russell 1000 Index (the “Benchmark”) return of 30.42%.

Positive and Negative Contributors to Performance

The Fund's underperformance relative to the Benchmark was primarily attributed to negative stock selection with adverse sector allocation further reducing the returns. The information technology sector detracted significantly with a total effect of -4.53%, largely driven by the semiconductors and semiconductor equipment companies which contributed -3.09% to the negative results.  Conversely, communication services contributed positively with a total effect of 1.18%, supported by the Telecommunication Services Industry Group.  On an individual stock basis, the largest detractors from performance were H&R Block, Inc. and Adobe Inc.  and the underweight to Tesla, Inc.   The largest positive contributors to performance were Millicom International Cellular SA and TechnipFMC plc.

Fund Performance

The performance graph below shows the performance of a hypothetical $10,000 initial investment in the Fund's Class A over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Class A for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Class A to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $10,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS

Fund and Market Performance

For the fiscal year ended April 30, 2026, the Steward Large Cap Core Fund (Class R6) (the “Fund”) returned 26.45%, underperforming the Russell 1000 Index (the “Benchmark”) return of 30.42%.

Positive and Negative Contributors to Performance

The Fund's underperformance relative to the Benchmark was primarily attributed to negative stock selection with adverse sector allocation further reducing the returns. The information technology sector detracted significantly with a total effect of -4.53%, largely driven by the semiconductors and semiconductor equipment companies which contributed -3.09% to the negative results.  Conversely, communication services contributed positively with a total effect of 1.18%, supported by the Telecommunication Services Industry Group.  On an individual stock basis, the largest detractors from performance were H&R Block, Inc. and Adobe Inc.  and the underweight to Tesla, Inc.   The largest positive contributors to performance were Millicom International Cellular SA and TechnipFMC plc.

Fund Performance

The performance graph below shows the performance of a hypothetical $10,000 initial investment in the Fund's Class R6 over a ten-year period (or for the life of the Fund or share class, if shorter). The subsequent account value as of the end of the reporting period is listed next to the name of the Fund or index, as applicable. The performance table below shows the average annual total returns of the Fund's Class R6 for the past one-, five- and ten-year periods, as applicable (or for the life of the Fund or share class, if shorter), as of the end of the reporting period. Both the graph and table compare the performance of the Fund's Class R6 to an appropriate broad-based index and may compare to additional indices reflecting the market segment(s) in which the Fund invests, over the same periods.

GROWTH OF $10,000

Key Fund Statistics (April 30, 2026)

TOP TEN HOLDINGS