ASSET BACKED SECURITIES - 2.2%		Coupon		Maturity		Principal Amount				Fair Value
CarMax Auto Owner Trust		1.320	%	07/15/19		$	1,500,000			$	1,498,186
CarMax Auto Owner Trust		1.380	%	11/15/19			569,087				568,864
CLI Funding LLC (a)		2.830	%	03/18/28			584,000				561,486
Cronos Containers Program I Ltd. (a)		3.270	%	11/18/29			740,741				723,168
Domino's Pizza Master Issuer LLC (a)		5.216	%	01/25/42			577,938				585,470
Fairway Outdoor Funding LLC (a)		4.212	%	10/15/19			437,349				437,776
Ford Credit Auto Owner Trust		0.900	%	10/15/18			628,604				628,232
Global SC Finance II SRL (a)		2.980	%	04/17/28			699,583				681,126
SBA Tower Trust		2.898	%	10/15/19			525,000				526,631
SolarCity LMC Series I LLC (a) (b)		4.800	%	12/21/26			697,260				688,549
SolarCity LMC Series IV LLC (a) (b)		4.180	%	08/21/45			235,103				217,496
Spruce ABS Trust		4.320	%	06/15/28			569,233				561,196
Textainer Marine Containers III Ltd. (a)		3.270	%	10/20/24			379,167				370,627
Toyota Auto Receivables Owner Trust		1.270	%	05/15/19			1,044,637				1,044,076
Toyota Motor Credit Corp.		1.300	%	04/15/20			1,000,000				996,776
Trip Rail Master Funding LLC (a) (c)		3.269	%	07/15/41			380,364				380,363
Verizon Owner Trust (a)		1.420	%	01/20/21			200,000				198,773
TOTAL ASSET BACKED SECURITIES (COST $10,768,837)										$	10,668,795

COMMERCIAL MORTGAGE BACKED SECURITIES - 1.1%		Coupon		Maturity		Principal Amount				Fair Value
Bear Stearns Commercial Mortgage Securities		5.742	%	09/01/42		$	474,427			$	478,382
Commercial Mortgage Pass Through Certificates		3.391	%	05/15/45			953,980				990,981
Commercial Mortgage Pass Through Certificates		2.853	%	10/15/45			1,000,000				1,005,200
FHLMC Multifamily Structured Pass Through Certificates		5.085	%	03/25/19			1,140,000				1,197,795
OBP Depositor LLC Trust (a)		4.646	%	07/15/45			1,040,000				1,107,944
RBSCF Trust (a) (c)		6.094	%	12/16/49			410,281				410,652
TOTAL COMMERCIAL MORTGAGE BACKED SECURITIES (COST $5,253,172)										$	5,190,954

MUNICIPAL BONDS - 2.5%		Coupon		Maturity		Principal Amount				Fair Value
American Municipal Power Ohio, Inc., Rev. Taxable-Hydroelectric Projects		7.334	%	02/15/28		$	1,000,000			$	1,278,560
Bridgeport, Connecticut Housing Authority		1.850	%	12/15/18			145,000				145,670
Cincinnati, Ohio Water System Rev.		6.458	%	12/01/34			600,000				671,112
Columbus Multi-High School Building Corp.		6.446	%	01/15/30			1,000,000				1,048,830
Findlay City School District		6.250	%	12/01/37			270,000				274,514
Houston Independent School District		6.168	%	02/15/34			1,000,000				1,073,540
Indianapolis Public School Multi-School Building		5.731	%	07/15/29			1,500,000				1,607,895
LL&P Wind Energy, Inc., WA		5.733	%	12/01/17			230,000				230,662
Massachusetts St.		3.277	%	06/01/46			1,500,000				1,373,520
New Jersey St. Housing and Mortgage Finance		2.600	%	07/01/23			345,000				346,604
Osceola County Housing Finance Authority Rev.		3.350	%	07/01/23			245,000				248,969
St. Paul Housing & Redevelopment Authority Rev.		2.993	%	07/01/21			1,250,000				1,263,288
St. of Hawaii, Department of Business Economic Development & Tourism		1.467	%	07/01/22			624,338				615,441
Warm Springs Reservation Confederated Tribe		8.250	%	11/01/19			895,000				968,488
Wisconsin Department of Transportation		5.837	%	07/01/30			800,000				855,424
TOTAL MUNICIPAL BONDS (COST $11,740,178)										$	12,002,517

CORPORATE BONDS – 36.3%		Coupon		Maturity		Principal Amount				Fair Value
AIRLINES - 0.4%
British Airways		4.625	%	06/20/24		$	692,657			$	735,948
Delta Air Lines, Inc.		2.875	%	03/13/20			435,000				438,522
Southwest Airlines Co.		2.650	%	11/05/20			680,000				687,684
											1,862,154
BANKS - 2.5%
Axis Bank/Dubai (a)		2.875	%	06/01/21			500,000				492,912
Bank of America Corp.		5.650	%	05/01/18		$	1,250,000				1,300,522
Bank of America Corp.		1.950	%	05/12/18			1,000,000				1,002,218
Bank of America Corp.		2.151	%	11/09/20			1,000,000				990,977
Bank of America Corp.		3.300	%	01/11/23			500,000				503,103
Citigroup, Inc.		2.400	%	02/18/20			1,250,000				1,254,371
Commonwealth Bank of Australia		2.250	%	03/10/20			1,500,000				1,501,015
Discover Bank/Greenwood DE		3.100	%	06/04/20			1,000,000				1,020,116
JPMorgan Chase & Co.		2.250	%	01/23/20			500,000				501,721
JPMorgan Chase & Co.		4.625	%	05/10/21			500,000				538,671

CORPORATE BONDS – 36.3% (Continued)		Coupon		Maturity		Principal Amount				Fair Value
BANKS - 2.5% (Continued)
Manufacturers & Traders Trust Co.		2.100	%	02/06/20		$	500,000			$	499,225
Mitsubishi UFJ Financial Group		2.527	%	09/13/23			1,250,000				1,207,503
Sumitomo Mitsui Banking Corp.		2.450	%	10/20/20			1,250,000				1,245,791
											12,058,145
BIOTECHNOLOGY - 0.7%
Amgen, Inc.		5.700	%	02/01/19			1,000,000				1,069,569
Biogen, Inc.		2.900	%	09/15/20			1,000,000				1,017,863
Celgene Corp.		2.875	%	08/15/20			835,000				847,772
Gilead Sciences, Inc.		3.650	%	03/01/26			500,000				504,538
											3,439,742
BUILDING PRODUCTS - 0.2%
Masco Corp.		3.500	%	04/01/21			250,000				254,402
Owens Corning		4.200	%	12/01/24			750,000				772,702
											1,027,104
CAPITAL MARKETS - 2.2%
Bank of New York Mellon Corp. (The), Perpetual Bond (c)		4.950	%	12/29/49			1,000,000				1,031,562
Goldman Sachs Group, Inc.		6.000	%	06/15/20			1,200,000				1,328,326
Goldman Sachs Group, Inc.		3.500	%	01/23/25			1,000,000				996,150
ING Bank NV (a)		2.000	%	11/26/18			1,000,000				999,315
Jefferies Group LLC		8.500	%	07/15/19			900,000				1,019,540
Morgan Stanley		2.200	%	12/07/18			910,000				913,731
Morgan Stanley		5.625	%	09/23/19			1,500,000				1,619,688
Raymond James Financial, Inc.		8.600	%	08/15/19			1,000,000				1,143,295
State Street Corp.		7.350	%	06/15/26			1,000,000				1,279,169
											10,330,776
CHEMICALS - 1.1%
Avery Dennison Corp.		5.375	%	04/15/20			1,250,000				1,346,687
Ecolab, Inc.		5.500	%	12/08/41			1,100,000				1,300,177
NOVA Chemicals Corp. (a)		5.250	%	08/01/23			500,000				511,250

CORPORATE BONDS – 36.3% (Continued)		Coupon		Maturity		Principal Amount				Fair Value
CHEMICALS - 1.1% (Continued)
Potash Corp. of Saskatchewan, Inc.		5.875	%	12/01/36		$	840,000			$	960,094
Solvay Finance America LLC (a)		3.400	%	12/03/20			1,250,000				1,286,074
											5,404,282
COMMERCIAL SERVICES & SUPPLIES - 0.2%
Steelcase, Inc.		6.375	%	02/15/21			750,000				835,509
COMMUNICATIONS EQUIPMENT - 0.1%
Juniper Networks, Inc.		3.300	%	06/15/20			500,000				511,409
CONSTRUCTION MATERIALS - 0.2%
Martin Marietta Materials, Inc.		6.600	%	04/15/18			1,000,000				1,045,557
CONSUMER FINANCE - 1.1%
Ally Financial, Inc.		3.250	%	09/29/17			500,000				501,875
American Express Credit Corp.		2.600	%	09/14/20			1,000,000				1,010,588
Ford Motor Credit Co. LLC		3.157	%	08/04/20			1,000,000				1,016,317
GE Capital International Funding Co. (a)		4.418	%	11/15/35			1,250,000				1,319,942
Hyundai Capital Services, Inc. (a)		2.875	%	03/16/21			1,250,000				1,247,404
											5,096,126
CONTAINERS & PACKAGING - 0.3%
Newell Rubbermaid, Inc.		3.850	%	04/01/23			185,000				191,211
Sonoco Products Co.		5.750	%	11/01/40			1,000,000				1,154,687
											1,345,898
DIVERSIFIED FINANCIAL SERVICES - 1.7%
AerCap Ireland Capital Ltd.		5.000	%	10/01/21			1,000,000				1,070,434
Brookfield Finance, Inc.		4.250	%	06/02/26			1,000,000				1,004,869
GATX Corp.		2.600	%	03/30/20			897,000				908,830
Genpact Luxembourg S.à r.l (a)		3.700	%	04/01/22			1,100,000				1,106,376
Moody's Corp.		5.500	%	09/01/20			1,000,000				1,094,595
MSCI, Inc. (a)		5.750	%	08/15/25			500,000				531,250
National Rural Utilities Cooperative Finance Corp.		10.375	%	11/01/18			780,000				883,320
S&P Global, Inc.		3.300	%	08/14/20			750,000				766,214
S&P Global, Inc.		4.000	%	06/15/25			500,000				513,903
											7,879,791
DIVERSIFIED TELECOMMUNICATION SERVICES - 0.9%
AT&T, Inc.		2.450	%	06/30/20			500,000				499,964
AT&T, Inc.		5.250	%	03/01/37			500,000				509,727

CORPORATE BONDS – 36.3% (Continued)		Coupon		Maturity		Principal Amount				Fair Value
DIVERSIFIED TELECOMMUNICATION SERVICES - 0.9% (Continued)
AT&T, Inc.		4.750	%	05/15/46		$	1,000,000			$	933,087
Frontier Communications Corp.		7.125	%	03/15/19			750,000				789,375
Verizon Communications, Inc.		5.500	%	03/16/47			1,250,000				1,310,181
											4,042,334
EDUCATION - 0.8%
Graham Holdings Co.		7.250	%	02/01/19			575,000				622,438
Massachusetts Institute of Technology		3.959	%	07/01/38			1,500,000				1,586,018
President & Fellows of Harvard College		3.150	%	07/15/46			1,500,000				1,384,779
											3,593,235
ELECTRIC UTILITIES - 3.4%
Electricite de France SA (a)		3.625	%	10/13/25			1,250,000				1,257,699
Florida Power & Light Co.		4.050	%	10/01/44			1,300,000				1,326,481
Georgia Power Co.		3.250	%	04/01/26			1,000,000				977,516
ITC Holdings Corp. (a)		5.500	%	01/15/20			1,000,000				1,068,040
MidAmerican Energy Co.		3.950	%	08/01/47			1,750,000				1,747,711
NextEra Energy Capital Holdings, Inc.		2.700	%	09/15/19			500,000				506,985
NSTAR Electric Co.		5.500	%	03/15/40			1,250,000				1,502,806
Oncor Electric Delivery Co.		6.800	%	09/01/18			750,000				801,917
Pacificorp		8.080	%	10/14/22			500,000				596,094
Pennsylvania Electric Co.		5.200	%	04/01/20			500,000				531,586
Portland General Electric Co.		6.100	%	04/15/19			1,100,000				1,186,362
Potomac Electric Power Co.		6.500	%	11/15/37			1,000,000				1,318,335
San Diego Gas and Electric Co.		4.500	%	08/15/40			841,000				905,652
Southern California Edison		4.050	%	03/15/42			1,165,000				1,180,047
Southern Power Co.		4.150	%	12/01/25			1,000,000				1,033,430
											15,940,661
ELECTRICAL EQUIPMENT - 0.2%
Johnson Controls, Inc.		3.750	%	12/01/21			550,000				571,030
Thomas & Betts Corp.		5.625	%	11/15/21			500,000				565,986
											1,137,016
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS - 0.0% (d)
Arrow Electronics, Inc.		3.000	%	03/01/18			165,000				166,643
FOOD & STAPLES RETAILING - 0.4%
Ahold Finance U.S.A., LLC, Series 2000-1, CV (c)		7.820	%	01/02/20			195,889				208,065

CORPORATE BONDS – 36.3% (Continued)		Coupon		Maturity		Principal Amount				Fair Value
FOOD & STAPLES RETAILING - 0.4% (Continued)
Kroger Co.		5.000	%	04/15/42		$	1,000,000			$	1,047,451
Smith's Food & Drug Centers, Inc. Pass Through Trust, Series 1994-A3		9.200	%	07/02/18			371,207				390,632
											1,646,148
FOOD PRODUCTS - 1.4%
Bunge Ltd. Finance Corp.		3.200	%	06/15/17			1,000,000				1,003,361
Bunge Ltd. Finance Corp.		3.500	%	11/24/20			250,000				256,517
Cargill, Inc.		4.760	%	11/23/45			1,250,000				1,359,571
ConAgra Foods, Inc.		4.950	%	08/15/20			94,000				99,784
J.M. Smucker Co. (The)		3.500	%	03/15/25			1,250,000				1,266,854
Kraft Foods Group, Inc.		5.375	%	02/10/20			1,000,000				1,086,453
Mead Johnson Nutrition Co.		3.000	%	11/15/20			1,000,000				1,019,332
Wm. Wrigley Jr. Co. (a)		3.375	%	10/21/20			680,000				703,136
											6,795,008
GAS UTILITIES - 0.7%
Brooklyn Union Gas Co. (a)		4.504	%	03/10/46			1,250,000				1,304,689
Indiana Gas Co., Inc.		6.550	%	06/30/28			250,000				283,571
Laclede Group, Inc.		2.550	%	08/15/19			1,250,000				1,257,641
National Fuel Gas Co.		6.500	%	04/15/18			500,000				518,258
											3,364,159
HEALTH CARE PROVIDERS & SERVICES - 0.9%
Express Scripts Holding Co.		3.300	%	02/25/21			1,000,000				1,017,292
Howard Hughes Medical Institute		3.500	%	09/01/23			1,500,000				1,571,320
Laboratory Corp. of America Holdings		2.625	%	02/01/20			1,000,000				1,005,273
McKesson Corp.		6.000	%	03/01/41			474,000				550,560
											4,144,445
HOME BUILDERS - 0.2%
DR Horton, Inc.		3.625	%	02/15/18			750,000				757,251
HOTELS, RESTAURANTS & LEISURE - 0.5%
Brinker International, Inc.		2.600	%	05/15/18			500,000				500,695
Hyatt Hotels Corp.		3.375	%	07/15/23			1,000,000				1,007,423
Starbucks Corp.		2.450	%	06/15/26			1,000,000				958,141
											2,466,259

CORPORATE BONDS – 36.3% (Continued)		Coupon		Maturity		Principal Amount				Fair Value
INDEPENDENT POWER AND RENEWABLE ELECTRICITY PRODUCERS - 1.5%
FPL Energy American Wind LLC (a)		6.639	%	06/20/23		$	559,221			$	573,201
FPL Energy National Wind LLC (a)		5.608	%	03/10/24			280,046				280,046
Harper Lake Solar Funding Corp. (a)		7.645	%	12/31/18			508,794				526,602
Midland Cogeneration Venture LP, CV (a)		5.250	%	03/15/25			197,633				203,703
Midland Cogeneration Venture LP, CV (a)		6.000	%	03/15/25			501,424				532,465
NRG Yield Operating LLC		5.375	%	08/15/24			500,000				507,500
Salton Sea Funding Corp.		7.475	%	11/30/18			240,760				237,753
Solar Star Funding LLC (a)		3.950	%	06/30/35			325,346				306,469
Solar Star Funding LLC (a)		5.375	%	06/30/35			488,554				516,294
SteelRiver Transmission Co. LLC (a)		4.710	%	06/30/17			829,177				829,171
Tenaska Virginia Partners LP (a)		6.119	%	03/30/24			888,051				947,595
Topaz Solar Farms LLC (a)		4.875	%	09/30/39			317,110				327,205
Topaz Solar Farms LLC (a)		5.750	%	09/30/39			734,159				810,735
TransAlta Corp.		6.900	%	05/15/18			500,000				520,000
											7,118,739
INDUSTRIAL CONGLOMERATES - 0.1%
Ingersoll-Rand Global Holding Co. Ltd.		2.875	%	01/15/19			500,000				508,212
INSURANCE - 2.8%
American International Group, Inc.		3.750	%	07/10/25			1,250,000				1,243,029
Fidelity National Financial, Inc.		5.500	%	09/01/22			725,000				765,630
Horace Mann Educators Corp.		4.500	%	12/01/25			1,235,000				1,258,201
Kemper Corp.		4.350	%	02/15/25			1,250,000				1,251,870
Liberty Mutual Group, Inc. (a)		4.950	%	05/01/22			1,050,000				1,140,820
Markel Corp.		3.625	%	03/30/23			400,000				409,391
Marsh & McLennan Cos., Inc.		3.750	%	03/14/26			1,000,000				1,028,692
OneBeacon US Holdings, Inc.		4.600	%	11/09/22			1,000,000				1,016,020
Progressive Corp. (c)		6.700	%	06/15/37			500,000				493,750
Provident Cos., Inc.		7.000	%	07/15/18			340,000				360,675
Prudential Financial, Inc. (c)		5.875	%	09/15/42			500,000				543,375
RLI Corp.		4.875	%	09/15/23			1,000,000				1,049,776
TIAA Asset Management Finance Co. LLC (a)		2.950	%	11/01/19			1,000,000				1,016,458
Unum Group		3.000	%	05/15/21			700,000				700,793
W.R. Berkley Corp.		6.150	%	08/15/19			710,000				768,260
W.R. Berkley Corp.		4.625	%	03/15/22			250,000				268,316
											13,315,056

CORPORATE BONDS – 36.3% (Continued)		Coupon		Maturity		Principal Amount				Fair Value
IT SERVICES - 0.5%
Broadridge Financial Solutions, Inc.		3.950	%	09/01/20		$	1,000,000			$	1,047,042
Fiserv, Inc.		2.700	%	06/01/20			1,000,000				1,011,315
Xerox Corp. (a)		4.070	%	03/17/22			250,000				253,930
											2,312,287
LIFE SCIENCES TOOLS & SERVICES - 0.3%
Agilent Technologies, Inc.		3.875	%	07/15/23			1,250,000				1,298,040
MACHINERY - 0.9%
Illinois Tool Works, Inc.		3.900	%	09/01/42			1,000,000				1,000,567
Kennametal, Inc.		2.650	%	11/01/19			1,000,000				1,000,052
Pall Corp.		5.000	%	06/15/20			1,000,000				1,087,598
Snap-on, Inc.		4.250	%	01/15/18			500,000				510,233
Valmont Industries, Inc.		6.625	%	04/20/20			562,000				624,283
											4,222,733
MEDIA - 0.4%
Comcast Corp.		4.750	%	03/01/44			500,000				527,501
Scripps Networks Interactive, Inc.		2.800	%	06/15/20			1,000,000				1,010,464
Time Warner Cable, Inc.		4.500	%	09/15/42			500,000				453,142
											1,991,107
METALS & MINING - 0.5%
Newcrest Finance Pty. Ltd. (a)		4.450	%	11/15/21			1,000,000				1,043,611
Nucor Corp.		4.125	%	09/15/22			665,000				713,325
Reliance Steel & Aluminum Co.		4.500	%	04/15/23			705,000				735,716
											2,492,652
MULTILINE RETAIL - 0.2%
Dollar General Corp.		4.125	%	07/15/17			700,000				705,655
Macy's Retail Holdings, Inc.		9.500	%	04/15/21			405,000				431,488
											1,137,143
MULTI-UTILITIES - 0.8%
Consumers Energy Co.		6.700	%	09/15/19			750,000				831,717
Puget Energy, Inc.		5.625	%	07/15/22			750,000				829,844
Puget Sound Energy, Inc.		6.740	%	06/15/18			1,000,000				1,052,133
Westar Energy, Inc.		2.550	%	07/01/26			1,260,000				1,197,702
											3,911,396

CORPORATE BONDS – 36.3% (Continued)		Coupon		Maturity		Principal Amount				Fair Value
OIL, GAS & CONSUMABLE FUELS - 0.5%
ConocoPhillips Holdings Co.		6.950	%	04/15/29		$	1,000,000			$	1,292,143
Denbury Resources, Inc.		4.625	%	07/15/23			300,000				219,000
Merey Sweeny LP (a)		8.850	%	12/18/19			333,383				364,173
Ras Laffan Liquefied Natural Gas Co. Ltd. II (a)		5.298	%	09/30/20			376,900				395,911
											2,271,227
PAPER & FOREST PRODUCTS - 0.5%
Fibria Overseas Finance Ltd.		5.500	%	01/17/27			800,000				801,720
PH Glatfelter Co.		5.375	%	10/15/20			750,000				766,875
Suzano Austria GMBH		5.750	%	07/14/26			750,000				763,875
											2,332,470
PHARMACEUTICALS - 0.4%
AbbVie, Inc.		2.500	%	05/14/20			500,000				503,409
Zoetis, Inc.		3.250	%	02/01/23			1,200,000				1,211,842
											1,715,251
PIPELINES - 1.0%
Columbia Pipeline Group (a)		3.300	%	06/01/20			850,000				866,195
Florida Gas Transmission Co. LLC (a)		4.350	%	07/15/25			1,000,000				1,035,237
Kern River Funding Corp. (a)		4.893	%	04/30/18			420,000				432,890
Northern Natural Gas Co. (a)		4.100	%	09/15/42			1,000,000				950,441
Spectra Energy Capital LLC		6.750	%	07/15/18			800,000				844,898
Williams Partners LP		4.875	%	05/15/23			500,000				516,250
											4,645,911
PROFESSIONAL SERVICES - 0.4%
Dun & Bradstreet Corp.		4.375	%	12/01/22			1,000,000				1,033,995
Verisk Analytics, Inc.		5.800	%	05/01/21			960,000				1,063,400
											2,097,395
REAL ESTATE INVESTMENT TRUSTS (REITS) - 1.1%
Digital Realty Trust LP		3.950	%	07/01/22			1,250,000				1,301,834
Health Care REIT, Inc.		4.700	%	09/15/17			1,018,000				1,031,365
National Retail Properties, Inc.		3.800	%	10/15/22			750,000				774,309
Regency Centers LP		3.750	%	06/15/24			1,000,000				1,017,793
Vornado Realty LP		2.500	%	06/30/19			1,000,000				1,005,659
											5,130,960

CORPORATE BONDS – 36.3% (Continued)		Coupon		Maturity		Principal Amount				Fair Value
ROAD & RAIL - 1.4%
Burlington Northern Santa Fe LLC		7.160	%	01/02/20		$	376,109			$	403,820
Burlington Northern Santa Fe LLC		5.750	%	05/01/40			1,000,000				1,213,494
Kansas City Southern (a)		2.350	%	05/15/20			500,000				495,376
Norfolk Southern Corp.		4.837	%	10/01/41			1,000,000				1,089,266
Penske Truck Leasing Co. LP/PTL Finance Corp. (a)		3.750	%	05/11/17			1,000,000				1,002,274
Ryder System, Inc.		2.650	%	03/02/20			455,000				458,126
Ryder System, Inc.		2.500	%	05/11/20			795,000				798,634
TTX Co. (a)		2.600	%	06/15/20			1,000,000				1,001,908
											6,462,898
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 1.0%
Applied Materials, Inc.		7.125	%	10/15/17			500,000				514,341
Intel Corp.		4.900	%	07/29/45			1,250,000				1,401,611
KLA-Tencor Corp.		3.375	%	11/01/19			600,000				616,042
Lam Research Corp.		2.750	%	03/15/20			1,000,000				1,011,619
Maxim Integrated Products, Inc.		3.375	%	03/15/23			500,000				502,036
NXP BV/NXP Funding LLC		3.875	%	09/01/22			200,000				204,500
Xilinx, Inc.		2.125	%	03/15/19			500,000				501,525
											4,751,674
SOFTWARE - 0.4%
Microsoft Corp.		4.450	%	11/03/45			1,500,000				1,583,102
Symantec Corp.		2.750	%	06/15/17			500,000				500,374
											2,083,476
SPECIALTY RETAIL - 0.9%
Advanced Auto Parts, Inc.		4.500	%	01/15/22			402,000				422,289
Gap, Inc.		5.950	%	04/12/21			1,000,000				1,073,241
Lowe's Cos., Inc.		4.650	%	04/15/42			1,000,000				1,067,055
O'Reilly Automotive, Inc.		3.800	%	09/01/22			1,000,000				1,038,071
Staples, Inc.		2.750	%	01/12/18			580,000				582,916
											4,183,572
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS - 0.5%
Apple, Inc.		2.850	%	02/23/23			1,250,000				1,261,827
Seagate HDD Cayman		3.750	%	11/15/18			635,000				650,875
Seagate HDD Cayman (a)		4.250	%	03/01/22			305,000				302,072
											2,214,774

CORPORATE BONDS – 36.3% (Continued)		Coupon		Maturity		Principal Amount				Fair Value
TEXTILES, APPAREL & LUXURY GOODS - 0.1%
Hanesbrands, Inc.		4.625	%	05/15/24		$	500,000			$	493,125
TOTAL CORPORATE BONDS (COST $167,516,677)										$	171,579,750

CORPORATE NOTES - 1.0%		Coupon		Maturity		Principal Amount				Fair Value
COMMUNITY DEVELOPMENT - 1.0%
Calvert Social Investment Foundation, Inc. (b)		1.000	%	06/15/17		$	1,700,000			$	1,700,000
Calvert Social Investment Foundation, Inc. (b)		1.000	%	12/15/17			1,200,000				1,200,000
COMMUNITY DEVELOPMENT - 1.0% (Continued)
Calvert Social Investment Foundation, Inc. (b)		1.500	%	06/17/19			1,700,000				1,700,000
TOTAL CORPORATE NOTES (COST $4,600,000)										$	4,600,000

FOREIGN GOVERNMENTS – 8.1%		Coupon		Maturity		Principal Amount				Fair Value
FOREIGN AGENCY - 3.2%
Banco Nacional de Costa Rica (a)		5.875	%	04/25/21		$	750,000			$	763,125
Bank Nederlandse Gemeenten		1.625	%	11/25/19			1,500,000				1,492,245
Export Development Canada		1.250	%	12/10/18			1,000,000				1,002,460
Export-Import Bank of Korea		2.125	%	02/11/21			1,250,000				1,222,721
KFW		1.750	%	10/15/19			2,500,000				2,507,650
KFW		1.875	%	11/30/20			1,000,000				997,575
KFW		2.000	%	11/30/21			1,000,000				995,625
Kommunalbanken AS		1.375	%	10/26/20			1,000,000				979,756
Kommunalbanken AS (a)		2.125	%	02/11/25			1,000,000				959,922
Kommunivest I Sverige AB (a)		1.500	%	04/23/19			1,000,000				995,371
Municipality Finance plc		1.375	%	09/21/21			1,000,000				962,444
Nacional Financiera SNC (a)		3.375	%	11/05/20			1,000,000				1,014,500
Svensk Exportkredit AB		1.875	%	06/23/20			1,000,000				997,396
											14,890,790
SUPRANATIONAL – 4.9%
African Development Bank		1.375	%	12/17/18			1,000,000				998,953
Asian Development Bank		1.000	%	08/16/19			1,500,000				1,480,740
Asian Development Bank		2.125	%	03/19/25			1,000,000				972,664
European Bank for Reconstruction & Development		0.875	%	07/22/19			2,000,000				1,965,612

FOREIGN GOVERNMENTS – 8.1% (Continued)		Coupon		Maturity		Principal Amount				Fair Value
SUPRANATIONAL – 4.9% (Continued)
European Bank for Reconstruction & Development		1.625	%	04/10/18		$	500,000			$	499,567
European Investment Bank		2.500	%	10/15/24			1,000,000				999,651
European Investment Bank		2.125	%	04/13/26			1,000,000				957,644
Inter-American Development Bank		1.500	%	09/25/18			2,500,000				2,504,805
Inter-American Development Bank		2.125	%	11/09/20			3,000,000				3,025,506
Inter-American Development Bank		4.375	%	01/24/44			3,000,000				3,507,651
International Bank for Reconstruction & Development		2.125	%	03/03/25			500,000				485,236
International Finance Corp.		1.250	%	11/27/18			1,000,000				998,354
International Finance Corp., Series GMTN		1.750	%	03/30/20			3,000,000				2,999,157
Nordic Investment Bank		2.250	%	09/30/21			1,000,000				1,006,665
North American Development Bank		2.300	%	10/10/18			1,000,000				1,009,296
											23,411,501
TOTAL FOREIGN GOVERNMENTS (COST $38,084,811)										$	38,302,291

U.S. GOVERNMENT AGENCIES - 45.4%		Coupon		Maturity		Principal Amount				Fair Value
FEDERAL HOME LOAN BANK - 3.8%
FHLB		5.000	%	11/17/17		$	2,500,000			$	2,560,225
FHLB		3.375	%	06/12/20			1,000,000				1,054,844
FHLB		5.500	%	07/15/36			10,820,000				14,334,260
											17,949,329
FEDERAL HOME LOAN MORTGAGE CORPORATION - 16.0%
FHLMC		6.000	%	09/01/17			3,162				3,169
FHLMC		4.500	%	06/01/18			28,212				28,887
FHLMC		4.875	%	06/13/18			6,200,000				6,466,110
FHLMC		3.750	%	03/27/19			3,020,000				3,162,151
FHLMC		5.000	%	04/01/19			24,890				25,613
FHLMC		1.250	%	10/02/19			2,710,000				2,694,886
FHLMC		1.375	%	05/01/20			4,000,000				3,968,316
FHLMC		5.000	%	12/01/21			87,462				92,381
FHLMC		2.375	%	01/13/22			9,460,000				9,631,037
FHLMC		5.500	%	04/01/22			62,988				66,458
FHLMC		4.000	%	11/01/24			520,752				548,245
FHLMC		4.000	%	10/01/25			233,907				246,319
FHLMC		6.000	%	04/01/27			179,222				202,321

U.S. GOVERNMENT AGENCIES - 45.4% (Continued)		Coupon		Maturity		Principal Amount				Fair Value
FEDERAL HOME LOAN MORTGAGE CORPORATION - 16.0% (Continued)
FHLMC		2.500	%	10/01/27		$	1,053,097			$	1,066,361
FHLMC		7.000	%	02/01/30			123,249				135,103
FHLMC		7.500	%	07/01/30			208,024				237,463
FHLMC		7.000	%	03/01/31			66,829				76,212
FHLMC		6.250	%	07/15/32			8,750,000				12,185,775
FHLMC		3.000	%	11/01/32			1,824,608				1,864,407
FHLMC		3.000	%	11/01/32			1,186,457				1,212,326
FHLMC		5.500	%	11/01/33			65,443				73,280
FHLMC		2.855	%	05/01/34			54,313				57,187
FHLMC		2.855	%	05/01/34			127,912				135,100
FHLMC		5.000	%	07/01/35			157,724				172,472
FHLMC		4.500	%	10/01/35			276,323				297,162
FHLMC		5.500	%	03/01/36			71,450				79,365
FHLMC		5.500	%	06/01/36			103,852				115,366
FHLMC		6.000	%	06/01/36			103,081				117,865
FHLMC		5.500	%	12/01/36			87,728				97,255
FHLMC		6.000	%	08/01/37			56,360				63,969
FHLMC		5.000	%	03/01/38			436,216				476,606
FHLMC		4.500	%	06/01/39			471,666				506,913
FHLMC		5.000	%	06/01/39			717,360				781,408
FHLMC		4.500	%	07/01/39			502,455				539,933
FHLMC		4.500	%	11/01/39			476,569				512,001
FHLMC		4.500	%	09/01/40			725,216				779,454
FHLMC		4.500	%	05/01/41			1,432,399				1,540,661
FHLMC		4.500	%	07/01/41			1,423,745				1,531,163
FHLMC		5.000	%	09/01/41			674,645				736,627
FHLMC		3.500	%	10/01/41			875,499				899,490
FHLMC		4.000	%	10/01/41			700,211				737,577
FHLMC		3.500	%	02/01/42			1,302,179				1,337,671
FHLMC		4.000	%	02/01/42			409,111				430,939
FHLMC		3.500	%	06/01/42			1,472,247				1,512,377
FHLMC		3.500	%	06/01/42			1,511,141				1,552,332
FHLMC		3.500	%	08/01/42			1,600,285				1,643,902
FHLMC		3.000	%	11/01/42			2,437,496				2,430,329
FHLMC		3.000	%	01/01/43			1,456,576				1,452,294
FHLMC		3.000	%	05/01/43			2,140,481				2,132,418

U.S. GOVERNMENT AGENCIES - 45.4% (Continued)		Coupon		Maturity		Principal Amount				Fair Value
FEDERAL HOME LOAN MORTGAGE CORPORATION - 16.0% (Continued)
FHLMC		3.500	%	10/01/44		$	1,979,029			$	2,026,967
FHLMC		3.500	%	11/01/44			1,825,860				1,869,456
FHLMC		3.500	%	04/01/45			2,240,076				2,292,531
FHLMC		3.000	%	05/01/46			2,846,716				2,822,448
											75,668,058
FEDERAL NATIONAL MORTGAGE ASSOCIATION - 22.2%
FNMA		1.125	%	04/27/17			2,000,000				2,000,486
FNMA		5.000	%	07/01/18			23,868				24,529
FNMA		5.000	%	09/01/18			39,729				40,830
FNMA		1.875	%	02/19/19			3,000,000				3,030,207
FNMA		7.000	%	11/01/19			4,280				4,424
FNMA		7.000	%	11/01/19			6,124				6,343
FNMA		3.500	%	07/01/20			199,775				207,837
FNMA		1.250	%	05/06/21			7,000,000				6,837,607
FNMA		5.500	%	06/01/22			97,548				103,529
FNMA		2.590	%	07/01/22			2,438,497				2,473,203
FNMA		2.890	%	07/01/22			2,432,777				2,478,729
FNMA		2.190	%	01/01/23			2,000,000				1,971,720
FNMA		2.770	%	07/01/23			2,386,732				2,429,717
FNMA		2.670	%	12/01/23			2,489,447				2,501,005
FNMA		2.625	%	09/06/24			13,750,000				13,960,045
FNMA		3.080	%	12/01/24			2,405,604				2,465,569
FNMA		5.000	%	04/01/25			135,808				148,243
FNMA		5.000	%	07/01/25			108,099				117,997
FNMA		3.500	%	10/01/25			237,898				247,795
FNMA		5.000	%	10/01/25			131,112				143,117
FNMA		5.500	%	11/01/25			40				45
FNMA		4.000	%	03/01/26			825,772				869,290
FNMA		2.125	%	04/24/26			2,000,000				1,911,178
FNMA		8.500	%	09/01/26			47,815				52,365
FNMA		1.875	%	09/24/26			2,500,000				2,323,922
FNMA		2.783	%	09/25/26			1,995,731				2,011,868
FNMA		2.500	%	09/01/27			1,278,029				1,292,901
FNMA		2.500	%	11/01/27			1,840,537				1,862,131
FNMA		2.500	%	01/01/28			1,254,202				1,268,886
FNMA		6.625	%	11/15/30			8,250,000				11,635,528

U.S. GOVERNMENT AGENCIES - 45.4% (Continued)		Coupon		Maturity		Principal Amount				Fair Value
FEDERAL NATIONAL MORTGAGE ASSOCIATION - 22.2% (Continued)
FNMA		3.000	%	12/01/32		$	1,778,333			$	1,818,440
FNMA		6.000	%	10/01/33			67,190				76,493
FNMA		2.700	%	02/01/34			144,121				147,618
FNMA		5.500	%	02/01/34			71,262				79,396
FNMA		2.801	%	05/01/34			94,766				100,479
FNMA		2.895	%	05/01/34			29,180				30,319
FNMA		6.000	%	11/01/34			175,497				199,920
FNMA		5.500	%	01/01/35			130,551				146,014
FNMA		5.000	%	10/01/35			176,908				193,455
FNMA		5.500	%	10/01/35			190,556				212,793
FNMA		6.000	%	10/01/35			102,712				117,182
FNMA		5.500	%	06/01/36			50,062				55,763
FNMA		6.000	%	06/01/36			55,237				62,455
FNMA		5.500	%	11/01/36			67,515				75,181
FNMA		2.774	%	05/01/37			91,513				96,451
FNMA		5.625	%	07/15/37			2,750,000				3,695,728
FNMA		4.500	%	09/01/40			455,958				490,536
FNMA		4.500	%	10/01/40			457,593				492,588
FNMA		4.000	%	12/01/40			1,053,842				1,109,485
FNMA		4.000	%	01/01/41			741,617				780,563
FNMA		3.500	%	02/01/41			1,071,334				1,102,354
FNMA		4.000	%	10/01/41			660,148				695,115
FNMA		4.000	%	11/01/41			628,160				661,440
FNMA		4.000	%	12/01/41			823,396				866,989
FNMA		4.000	%	12/01/41			1,650,094				1,737,232
FNMA		4.000	%	01/01/42			1,899,061				2,007,248
FNMA		3.500	%	05/01/42			1,285,806				1,321,679
FNMA		3.000	%	06/01/42			2,019,317				2,013,061
FNMA		3.000	%	08/01/42			1,790,149				1,784,628
FNMA		3.000	%	08/01/42			1,789,806				1,784,260
FNMA		3.500	%	12/01/42			2,097,567				2,155,826
FNMA		3.000	%	06/01/43			1,773,902				1,768,130
FNMA		4.000	%	12/01/44			2,549,821				2,699,120
FNMA		3.500	%	05/01/45			2,683,941				2,757,439
FNMA		3.000	%	04/01/46			2,812,070				2,789,397

U.S. GOVERNMENT AGENCIES – 45.4% (Continued)		Coupon		Maturity		Principal Amount				Fair Value
FEDERAL NATIONAL MORTGAGE ASSOCIATION - 22.2% (Continued)
FNMA		3.500	%	11/01/46		$	4,408,919			$	4,512,485
											105,058,308
GOVERNMENT NATIONAL MORTGAGE ASSOCIATION - 0.2%
GNMA		7.000	%	12/20/30			26,125				31,223
GNMA		7.000	%	10/20/31			19,431				23,191
GNMA		7.000	%	03/20/32			69,651				83,330
GNMA		1.750	%	01/20/34			65,251				67,633
GNMA		5.500	%	10/20/38			36,229				38,159
GNMA		6.500	%	11/20/38			15,011				17,362
GNMA		2.250	%	04/16/42			495,304				495,879
											756,777
OVERSEAS PRIVATE INVESTMENT CORPORATION - 0.6%
OPIC		3.280	%	09/15/29			1,100,000				1,103,810
OPIC		3.540	%	06/15/30			779,417				808,364
OPIC		3.820	%	06/01/33			967,749				1,013,224
											2,925,398
SMALL BUSINESS ADMINISTRATION - 0.1%
Small Business Administration		1.100	%	02/25/32			359,381				357,638
UNITED STATES AGENCY OF INTERNATIONAL DEVELOPMENT – 2.3%
Hashemite Kingdom of Jordan AID Bond		2.503	%	10/30/20			5,000,000				5,121,700
Hashemite Kingdom of Jordan AID Bond		3.000	%	06/30/25			1,450,000				1,487,875
Iraq AID Bond		2.149	%	01/18/22			1,500,000				1,493,275
Ukraine Government AID Bond		1.847	%	05/29/20			1,000,000				1,001,424
Ukraine Government AID Bond		1.471	%	09/29/21			2,000,000				1,952,318
											11,056,592
UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT - 0.2%
United States Department of Housing and Urban Development		2.350	%	08/01/21			1,000,000				1,013,574
TOTAL U.S. GOVERNMENT AGENCIES (COST $214,073,606)										$	214,785,674

INVESTMENT COMPANIES - 0.8% Shares						Fair Value
Pax World High Yield Bond Fund - Individual Investor Class (Cost $4,199,236)			530,984			$	3,605,380
TOTAL INVESTMENTS - (COST(e) $456,236,517 - Unrealized gain/loss $4,498,844) - 97.4%						$	460,735,361
OTHER ASSETS IN EXCESS OF LIABILITIES - 2.6%							12,382,269
NET ASSETS - 100.0%						$	473,117,630

COMMON STOCKS - 98.3%		Shares				Fair Value
AUSTRALIA - 5.5%
BANKS - 2.2%
Australia & New Zealand Banking Group Ltd.			6,107			$	148,464
Australia & New Zealand Banking Group Ltd. - ADR			36,061				875,020
Commonwealth Bank of Australia			21,512				1,411,946
Commonwealth Bank of Australia - ADR			613				40,348
National Australia Bank Ltd.			4,644				118,291
National Australia Bank Ltd. - ADR			63,688				814,251
Westpac Banking Corp.			4,051				108,509
Westpac Banking Corp. - ADR			55,366				1,479,379
							4,996,208
BIOTECHNOLOGY - 0.3%
CSL Ltd.			3,640				348,538
CSL Ltd. - ADR			8,710				418,515
							767,053
CAPITAL MARKETS - 0.3%
Macquarie Group Ltd.			7,209				496,793
Macquarie Group Ltd. - ADR			2,747				189,914
							686,707
CHEMICALS - 0.2%
Orica Ltd.			27,987				376,325
CONTAINERS & PACKAGING - 0.2%
Amcor Ltd.			24,949				287,059
Amcor Ltd. - ADR			3,500				161,280
							448,339
DIVERSIFIED TELECOMMUNICATION SERVICES - 0.1%
Telstra Corp. Ltd.			17,682				62,952
Telstra Corp. Ltd. - ADR			13,179				233,730
							296,682
FOOD & STAPLES RETAILING - 0.5%
Wesfarmers Ltd.			19,358				666,563
Woolworths Ltd.			27,413				555,004
							1,221,567
INSURANCE - 0.2%
Suncorp Group Ltd.			46,152				465,786

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
AUSTRALIA - 5.5% (Continued)
METALS & MINING - 0.3%
Alumina Ltd. - ADR			41,858			$	227,917
Newcrest Mining Ltd. - ADR			9,928				171,854
Sims Metal Management Ltd. - ADR			21,356				201,364
South32 Ltd.			30,582				63,896
							665,031
OIL, GAS & CONSUMABLE FUELS - 0.8%
Caltex Australia Ltd.			12,181				274,442
Oil Search Ltd.			60,661				334,611
Origin Energy Ltd.			100,656				542,154
Woodside Petroleum Ltd.			18,241				447,071
Woodside Petroleum Ltd. - ADR			5,235				128,886
							1,727,164
REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.3%
Scentre Group REIT			25,459				83,444
Shopping Centres Australasia Property Group REIT			1				2
Westfield Corp. REIT			72,500				491,863
							575,309
TRANSPORTATION INFRASTRUCTURE - 0.1%
Sydney Airport			49,337				255,185
TOTAL AUSTRALIA							12,481,356
AUSTRIA - 0.2%
BANKS - 0.2%
Erste Group Bank AG			5,112				166,482
Erste Group Bank AG - ADR			12,078				197,596
TOTAL AUSTRIA							364,078
BELGIUM - 0.2%
FOOD & STAPLES RETAILING - 0.2%
Colruyt SA			8,334				409,187
BRAZIL - 1.4%
BANKS - 0.6%
Banco Bradesco SA - ADR			70,220				719,053
Itau Unibanco Holding SA - ADR			61,571				743,162
							1,462,215

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
BRAZIL - 1.4% (Continued)
CHEMICALS - 0.1%
Braskem SA - ADR			13,824			$	281,318
FOOD PRODUCTS - 0.1%
BRF SA - ADR			21,929				268,630
OIL, GAS & CONSUMABLE FUELS - 0.4%
Petroleo Brasileiro SA - ADR (a)			63,920				619,385
Ultrapar Participacoes SA - ADR			14,545				330,608
							949,993
WATER UTILITIES - 0.2%
Cia de Saneamento Basico do Estado de Sao Paulo - ADR			36,049				375,270
TOTAL BRAZIL							3,337,426
CANADA - 7.0%
AUTO COMPONENTS - 0.3%
Magna International, Inc. - Class A			15,982				689,783
BANKS - 1.8%
Bank of Montreal			7,625				570,274
Bank of Nova Scotia			12,180				713,383
Canadian Imperial Bank of Commerce			6,759				582,693
Royal Bank of Canada			17,137				1,249,459
Toronto-Dominion Bank			18,236				913,441
							4,029,250
CHEMICALS - 0.5%
Agrium, Inc.			3,521				336,432
Methanex Corp.			9,429				442,220
Potash Corp. of Saskatchewan, Inc.			27,225				465,003
							1,243,655
INDEPENDENT POWER PRODUCERS & ENERGY TRADERS - 0.1%
TransAlta Corp.			20,678				120,966
INSURANCE - 0.5%
Manulife Financial Corp.			41,223				731,296
Sun Life Financial, Inc.			11,714				428,147
							1,159,443

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
CANADA - 7.0% (Continued)
MEDIA - 0.3%
Shaw Communications, Inc. - Class B			30,240			$	626,573
METALS & MINING - 0.4%
Agnico Eagle Mines Ltd.			9,985				423,763
Teck Resources Ltd. - Class B			24,575				538,193
							961,956
OIL, GAS & CONSUMABLE FUELS - 2.0%
Cenovus Energy, Inc.			58,181				657,445
Enbridge, Inc.			36,866				1,542,474
Encana Corp.			36,072				422,403
Suncor Energy, Inc.			60,339				1,855,424
							4,477,746
REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.3%
Brookfield Asset Management, Inc. - Class A			20,511				747,831
ROAD & RAIL - 0.8%
Canadian National Railway Co.			15,054				1,112,942
Canadian Pacific Railway Ltd.			5,165				758,842
							1,871,784
TOTAL CANADA							15,928,987
CAYMAN ISLANDS - 0.7%
DIVERSIFIED CONSUMER SERVICES - 0.2%
TAL Education Group - ADR (a)			4,537				483,508
INTERNET & DIRECT MARKETING RETAIL - 0.3%
Ctrip.com International Ltd. - ADR (a)			13,813				678,909
INTERNET SOFTWARE & SERVICES - 0.2%
SINA Corp. (a)			4,823				347,835
TOTAL CAYMAN ISLANDS							1,510,252
CHILE - 0.6%
AIRLINES - 0.1%
Latam Airlines Group SA - ADR			30,040				380,607

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
CHILE - 0.6% (Continued)
BEVERAGES - 0.1%
Embotelladora Andina SA - Class B - ADR			6,720			$	157,181
CHEMICALS - 0.2%
Sociedad Quimica y Minera de Chile SA - ADR			15,440				530,673
METALS & MINING - 0.2%
Antofagasta plc			31,044				324,404
Antofagasta plc - ADR (a)			3,393				70,912
							395,316
TOTAL CHILE							1,463,777
CHINA - 5.1%
AIRLINES - 0.1%
China Southern Airlines Co. Ltd. - ADR			5,546				184,404
BANKS - 0.5%
China Construction Bank Corp. - ADR			69,587				1,120,351
CHEMICALS - 0.2%
Sinopec Shanghai Petrochemical Co. Ltd. - ADR			7,041				392,606
DIVERSIFIED TELECOMMUNICATION SERVICES - 0.1%
China Telecom Corp. Ltd. - ADR			6,115				297,617
INSURANCE - 1.1%
AIA Group Ltd. - ADR			13,816				350,581
China Life Insurance Company Ltd. - ADR			76,021				1,165,402
Ping An Insurance Group Co. of China Ltd. - ADR			33,826				382,234
Ping An Insurance Group Co. of China Ltd. - Class H			131,769				737,559
							2,635,776
INTERNET SOFTWARE & SERVICES - 2.9%
Alibaba Group Holdings Ltd. - ADR (a)			17,583				1,895,975
Baidu, Inc. - ADR (a)			5,149				888,305
NetEase, Inc. - ADR			2,394				679,896
TenCent Holdings Ltd. - ADR			109,906				3,171,887
							6,636,063

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
CHINA - 5.1% (Continued)
ROAD & RAIL - 0.1%
Guangshen Railway Co. - ADR			8,797			$	265,493
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS - 0.1%
Lenovo Group Ltd. - ADR			18,577				243,823
TOTAL CHINA							11,776,133
COLOMBIA - 0.4%
BANKS - 0.2%
BanColombia SA - ADR			10,431				415,884
OIL, GAS & CONSUMABLE FUELS - 0.2%
Ecopetrol SA - ADR (a)			42,848				399,343
TOTAL COLOMBIA							815,227
DENMARK - 0.9%
BANKS - 0.2%
Danske Bank A/S			11,624				395,922
Danske Bank A/S - ADR			6,614				113,298
							509,220
PHARMACEUTICALS - 0.6%
Novo Nordisk A/S - ADR			39,423				1,351,420
TEXTILES, APPAREL & LUXURY GOODS - 0.1%
Pandora A/S			2,460				272,360
TOTAL DENMARK							2,133,000
FINLAND - 0.7%
COMMUNICATIONS EQUIPMENT - 0.3%
Nokia OYJ - ADR			122,822				665,695
MACHINERY - 0.2%
Kone OYJ - Class B			11,250				494,025
PAPER & FOREST PRODUCTS - 0.2%
Stora Enso OYJ - ADR			32,308				381,881
TOTAL FINLAND							1,541,601

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
FRANCE - 6.0%
AUTO COMPONENTS - 0.6%
Cie Generale des Etablissements Michelin			1,074			$	130,455
Cie Generale des Etablissements Michelin - ADR			25,215				611,464
Valeo SA			2,793				186,031
Valeo SA - ADR			13,056				435,313
							1,363,263
AUTOMOBILES - 0.2%
Renault SA			5,892				511,880
BANKS - 0.7%
BNP Paribas SA - ADR			21,892				728,566
Credit Agricole SA			11,014				149,235
Credit Agricole SA - ADR			14,211				95,498
Societe Generale SA			4,111				208,554
Societe Generale SA - ADR			36,300				366,267
							1,548,120
BUILDING PRODUCTS - 0.3%
Cie de Saint-Gobain			13,938				715,786
CONSTRUCTION & ENGINEERING - 0.5%
Bouygues SA			8,092				329,404
Vinci SA			1,494				118,430
Vinci SA - ADR			30,694				608,662
							1,056,496
DIVERSIFIED TELECOMMUNICATION SERVICES - 0.3%
Orange SA - ADR			24,634				382,812
Vivendi SA			12,138				236,013
Vivendi SA - ADR			1,680				32,558
							651,383
ELECTRICAL EQUIPMENT - 0.4%
Legrand SA			17,254				1,040,431
FOOD & STAPLES RETAILING - 0.1%
Carrefour SA			1,523				35,910
Carrefour SA - ADR			58,790				277,489
							313,399

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
FRANCE - 6.0% (Continued)
FOOD PRODUCTS - 0.7%
Danone SA - ADR			114,455			$	1,566,889
HEALTH CARE EQUIPMENT & SUPPLIES - 0.3%
Essilor International SA			4,503				547,201
Essilor International SA - ADR			952				57,948
							605,149
INSURANCE - 0.4%
AXA SA - ADR			34,977				899,259
MEDIA - 0.2%
Publicis Groupe SA - ADR			26,260				458,500
MULTI-UTILITIES - 0.5%
Engie SA			21,648				306,716
Engie SA - ADR			26,565				377,223
Veolia Environnement SA			14,792				277,123
Veolia Environnement SA - ADR (a)			11,774				221,233
							1,182,295
PERSONAL PRODUCTS - 0.6%
L'Oreal SA			817				157,028
L'Oreal SA - ADR			30,265				1,164,295
							1,321,323
SOFTWARE - 0.2%
Dassault Systemes - ADR			6,224				539,776
TOTAL FRANCE							13,773,949
GERMANY - 6.8%
AIR FREIGHT & LOGISTICS - 0.4%
Deutsche Post AG			10,161				348,041
Deutsche Post AG - ADR			14,832				507,996
							856,037
AIRLINES - 0.1%
Deutsche Lufthansa AG - ADR			10,201				165,053
AUTOMOBILES - 0.9%
Bayerische Moteren Werke AG - ADR (a)			27,692				843,221
Daimler AG			1,236				91,560

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
GERMANY - 6.8% (Continued)
AUTOMOBILES - 0.9% (Continued)
Daimler AG			15,015			$	1,108,544
							2,043,325
BANKS - 0.3%
Deutsche Bank AG (a)			37,292				639,931
CHEMICALS - 0.7%
BASF SE - ADR			15,960				1,582,833
DIVERSIFIED FINANCIAL SERVICES - 0.2%
Deutsche Boerse AG			3,878				356,563
Deutsche Boerse AG - ADR			15,060				137,950
							494,513
DIVERSIFIED TELECOMMUNICATION SERVICES - 0.3%
Deutsche Telekom AG - ADR			38,043				667,655
ENERGY EQUIPMENT & SERVICES - 0.2%
E.ON SE (a)			53,575				425,891
HEALTH CARE PROVIDERS & SERVICES - 0.5%
Fresenius Medical Care AG & Co. KGaA - ADR			19,354				815,384
Fresenius SE & Co. KGaA			5,130				412,294
							1,227,678
INSURANCE - 0.9%
Allianze SE - ADR			76,050				1,409,206
Muenchener Rueckversicherungs-Gesellschaft AG			1,682				329,114
Muenchener Rueckversicherungs-Gesellschaft AG - ADR			18,890				370,244
							2,108,564
MULTI-UTILITIES - 0.2%
RWE AG (a)			17,185				284,828
RWE AG - ADR (a)			5,585				92,320
							377,148
PHARMACEUTICALS - 0.6%
Bayer AG - ADR			12,772				1,472,867
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.1%
Infineon Technologies AG - ADR			12,109				247,932

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
GERMANY - 6.8% (Continued)
SOFTWARE - 0.7%
SAP SE - ADR			16,215			$	1,591,827
TEXTILES, APPAREL & LUXURY GOODS - 0.6%
adidas AG			1,323				251,671
adidas AG - ADR			9,964				948,473
Puma SE			285				88,969
							1,289,113
TRADING COMPANIES & DISTRIBUTORS - 0.1%
Brenntag AG			5,521				309,537
TOTAL GERMANY							15,499,904
HONG KONG - 3.5%
BANKS - 0.4%
BOC Hong Kong Holdings Ltd.			158,000				645,498
BOC Hong Kong Holdings Ltd. - ADR			1,754				145,263
							790,761
DIVERSIFIED FINANCIAL SERVICES - 0.3%
Hong Kong Exchanges & Clearing Ltd.			24,500				616,636
ELECTRIC UTILITIES - 0.1%
Cheung Kong Infrastructure Holdings Ltd.			41,518				325,882
INDUSTRIAL CONGLOMERATES - 0.7%
CK Hutchison Holdings Ltd.			53,500				658,121
CK Hutchison Holdings Ltd. - ADR			28,954				356,858
Jardine Matheson Holdings Ltd.			4,751				305,252
Jardine Matheson Holdings Ltd. - ADR			3,618				231,860
							1,552,091
INSURANCE - 0.5%
AIA Group Ltd.			171,200				1,079,428
REAL ESTATE MANAGEMENT & DEVELOPMENT - 1.5%
Henderson Land Development Co. Ltd.			81,343				503,976
Sun Hung Kai Properties Ltd.			28,000				411,451
Sun Hung Kai Properties Ltd. - ADR			22,014				324,376
Swire Pacific Ltd. - Class A			28,000				279,585
Swire Pacific Ltd. - Class A - ADR			32,051				323,234

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
HONG KONG - 3.5% (Continued)
REAL ESTATE MANAGEMENT & DEVELOPMENT - 1.5% (Continued)
Swire Properties Ltd.			121,150			$	388,165
Wharf Holdings Ltd.			150,000				1,287,393
							3,518,180
TEXTILES, APPAREL & LUXURY GOODS - 0.0% (b)
Li & Fung Ltd.			122,000				52,903
Li & Fung Ltd. - ADR			12,287				10,656
							63,559
TOTAL HONG KONG							7,946,537
HUNGARY - 0.1%
DIVERSIFIED TELECOMMUNICATION SERVICES - 0.1%
Magyar Telekom Telecommunications plc - ADR			11,582				96,131
OIL, GAS & CONSUMABLE FUELS - 0.0% (b)
MOL Hungarian Oil & Gas plc - ADR			796				27,462
TOTAL HUNGARY							123,593
INDIA - 1.4%
BANKS - 0.8%
HDFC Bank Ltd. - ADR			16,597				1,248,426
ICICI Bank Ltd. - ADR			65,986				567,480
							1,815,906
IT SERVICES - 0.4%
Infosys Ltd. - ADR			37,297				589,293
Wipro Ltd. - ADR			39,159				400,596
							989,889
PHARMACEUTICALS - 0.2%
Dr. Reddy's Laboratories Ltd. - ADR			10,846				435,467
TOTAL INDIA							3,241,262
INDONESIA - 0.7%
BANKS - 0.2%
PT Bank Mandiri - ADR			49,403				432,276
DIVERSIFIED TELECOMMUNICATION SERVICES - 0.4%
Telekomunikasi Indonesia Persero Tbk PT - ADR			33,206				1,035,031

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
INDONESIA - 0.7% (Continued)
MACHINERY - 0.1%
United Tractors Tbk PT - ADR			3,369			$	133,997
TOTAL INDONESIA							1,601,304
IRELAND - 1.1%
CONSTRUCTION MATERIALS - 0.4%
CRH plc - ADR			23,753				835,393
PHARMACEUTICALS - 0.3%
Shire plc - ADR			4,692				817,487
PROFESSIONAL SERVICES - 0.4%
Experian plc			3,191				65,091
Experian plc - ADR			37,268				761,572
							826,663
TOTAL IRELAND							2,479,543
ISRAEL - 0.7%
PHARMACEUTICALS - 0.3%
Teva Pharmaceutical Industries Ltd. - ADR			26,006				834,533
SOFTWARE - 0.4%
Check Point Software Technologies Ltd. (a)			8,509				873,534
TOTAL ISRAEL							1,708,067
ITALY - 1.0%
BANKS - 0.3%
Intesa Sanpaolo SpA			128,010				347,715
Intesa Sanpaolo SpA - ADR			12,596				204,496
Unicredit SpA			5,798				89,386
							641,597
ELECTRIC UTILITIES - 0.2%
Enel SpA			86,564				407,653
INSURANCE - 0.1%
Assicurazioni Generali SpA			16,056				255,238

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
ITALY - 1.0% (Continued)
TEXTILES, APPAREL & LUXURY GOODS - 0.2%
Luxottica Group SpA - ADR			9,316			$	512,846
TRANSPORTATION INFRASTRUCTURE - 0.2%
Atlantia SpA			13,863				357,927
TOTAL ITALY							2,175,261
JAPAN - 15.8%
AUTO COMPONENTS - 0.5%
Bridgestone Corp.			4,656				188,331
Bridgestone Corp. - ADR			20,546				416,570
Denso Corp.			7,000				307,918
Denso Corp. - ADR			6,048				133,540
							1,046,359
AUTOMOBILES - 2.2%
Honda Motor Co. Ltd. - ADR			49,827				1,507,765
Nissan Motor Co. Ltd. - ADR			36,396				700,987
Toyota Motor Corp. - ADR			26,118				2,836,937
							5,045,689
BANKS - 1.3%
Mitsubishi UFJ Financial Group, Inc. - ADR			188,606				1,195,762
Mizuho Financial Group, Inc. - ADR			132,028				487,183
Sumitomo Mitsui Financial Group, Inc. - ADR			146,855				1,064,699
Sumitomo Mitsui Trust Holdings, Inc.			298				10,333
Sumitomo Mitsui Trust Holdings, Inc. - ADR			39,737				137,093
							2,895,070
BUILDING PRODUCTS - 0.1%
Asahi Glass Co. Ltd.			3,000				24,307
Asahi Glass Co. Ltd. - ADR			21,219				172,086
							196,393
CAPITAL MARKETS - 0.4%
Daiwa Securities Group, Inc.			16,000				97,430
Daiwa Securities Group, Inc. - ADR			49,678				301,794
Nomura Holdings, Inc. - ADR			94,167				590,427
							989,651
CHEMICALS - 0.5%
Nitto Denko Corp.			500				38,635
Nitto Denko Corp. - ADR			11,626				450,391

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
JAPAN - 15.8% (Continued)
CHEMICALS - 0.5% (Continued)
Shin-Etsu Chemical Co. Ltd.			5,600			$	485,124
Sumitomo Chemical Co. Ltd.			38,000				212,315
							1,186,465
COMMERCIAL SERVICES & SUPPLIES - 0.2%
Dai Nippon Printing Co. Ltd.			50,000				538,962
Dai Nippon Printing Co. Ltd. - ADR			37				403
							539,365
CONSTRUCTION & ENGINEERING - 0.2%
Obayashi Corp.			55,000				514,305
DIVERSIFIED FINANCIAL SERVICES - 0.3%
ORIX Corp.			5,700				84,354
ORIX Corp. - ADR			7,268				540,230
							624,584
DIVERSIFIED TELECOMMUNICATION SERVICES - 0.6%
Nippon Telegraph & Telephone Corp. - ADR (a)			32,480				1,391,443
ELECTRIC UTILITIES - 0.1%
Chubu Electric Power Co., Inc.			12,600				168,755
Tohoku Electric Power Co., Inc.			12,700				172,033
							340,788
ELECTRICAL EQUIPMENT - 0.3%
Nidec Corp. - ADR			30,872				738,304
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS - 0.5%
Hitachi Ltd.			26,000				140,714
Hitachi Ltd. - ADR			5,344				290,313
Kyocera Corp.			2,800				155,990
Kyocera Corp. - ADR			3,162				177,483
Murata Manufacturing Co. Ltd.			2,300				327,155
Murata Manufacturing Co. Ltd. - ADR			1,592				56,739
TDK Corp.			800				50,662
TDK Corp. - ADR			826				52,517
							1,251,573
FOOD PRODUCTS - 0.2%
Ajinomoto Co., Inc.			7,000				138,114
Meiji Holdings Co. Ltd.			2,000				166,539

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
JAPAN - 15.8% (Continued)
FOOD PRODUCTS - 0.2% (Continued)
Yakult Honsha Co. Ltd.			2,800			$	155,437
							460,090
HEALTH CARE EQUIPMENT & SUPPLIES - 0.4%
Hoya Corp.			9,500				457,058
Hoya Corp. - ADR			1,734				83,752
Terumo Corp.			11,800				409,675
							950,485
HOUSEHOLD DURABLES - 0.8%
Sekisui House Ltd.			8,000				131,579
Sekisui House Ltd. - ADR			30,149				496,855
Sharp Corp. (a)			10,000				42,219
Sharp Corp. - ADR (a)			17,095				71,628
Sony Corp. - ADR			29,492				994,765
							1,737,046
INSURANCE - 0.5%
MS&AD Insurance Group Holdings, Inc. - ADR			34,266				545,515
Tokio Marine Holdings, Inc.			4,600				194,041
Tokio Marine Holdings, Inc. - ADR			7,354				311,442
							1,050,998
INTERNET & DIRECT MARKETING RETAIL - 0.1%
Rakuten, Inc.			18,400				184,289
IT SERVICES - 0.1%
Fujitsu Ltd.			20,000				122,326
Fujitsu Ltd. - ADR			1,240				38,403
							160,729
LEISURE PRODUCTS - 0.1%
Shimano, Inc.			1,600				233,550
MACHINERY - 0.8%
FANUC Corp.			400				81,994
FANUC Corp. - ADR			37,420				769,168
Kubota Corp. - ADR			7,847				591,272
Makita Corp.			1,200				42,039
Makita Corp. - ADR			4,936				345,718
							1,830,191

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
JAPAN - 15.8% (Continued)
MARINE - 0.1%
Nippon Yusen KK			56,000			$	118,213
Nippon Yusen KK - ADR			7,243				30,550
							148,763
METALS & MINING - 0.2%
Nippon Steel Corp.			700				16,128
Sumitomo Metal Mining Co. Ltd.			23,000				327,155
							343,283
OIL, GAS & CONSUMABLE FUELS - 0.1%
Inpex Corp.			26,239				257,971
PERSONAL PRODUCTS - 0.5%
Kao Corp.			1,000				54,830
Kao Corp. - ADR			11,651				641,562
Shiseido Co. Ltd.			2,100				55,271
Shiseido Co. Ltd. - ADR			15,035				398,367
							1,150,030
PHARMACEUTICALS - 0.6%
Astellas Pharma, Inc.			17,800				234,402
Astellas Pharma, Inc. - ADR			24,473				322,432
Daiichi Sankyo Co. Ltd.			7,700				173,401
Daiichi Sankyo Co. Ltd. - ADR			1,901				42,944
Takeda Pharmaceutical Co. Ltd.			2,700				126,821
Takeda Pharmaceutical Co. Ltd. - ADR			18,144				428,833
							1,328,833
REAL ESTATE MANAGEMENT & DEVELOPMENT - 0.7%
Daiwa House Industry Co. Ltd. - ADR			15,470				445,923
Mitsubishi Estate Co. Ltd.			11,000				200,584
Mitsubishi Estate Co. Ltd. - ADR			11,717				214,070
Mitsui Fudosan Co. Ltd.			21,000				447,824
Sumitomo Realty & Development Co. Ltd.			13,000				337,013
							1,645,414
RETAIL - 0.2%
Japan Retail Fund Investment Corp.			274				537,540
ROAD & RAIL - 0.6%
Central Japan Railway Co.			1,348				219,652
East Japan Railway Co.			3,590				312,611

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
JAPAN - 15.8% (Continued)
ROAD & RAIL - 0.6% (Continued)
East Japan Railway Co. - ADR			29,226			$	424,362
Keikyu Corp.			37,000				406,144
							1,362,769
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.1%
Rohm Co. Ltd.			700				46,530
Rohm Co. Ltd. - ADR			2,660				86,849
							133,379
SOFTWARE - 0.2%
Nintendo Co. Ltd.			300				69,621
Nintendo Co. Ltd. - ADR			13,760				399,315
							468,936
SPECIALTY RETAIL - 0.1%
Fast Retailing Co. Ltd.			700				219,573
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS - 0.7%
Canon, Inc. - ADR			35,250				1,102,267
FUJIFILM Holdings Corp. - ADR			11,626				455,216
Seiko Epson Corp.			1,200				25,267
Seiko Epson Corp. - ADR			10,312				108,792
							1,691,542
TEXTILES, APPAREL & LUXURY GOODS - 0.1%
Wacoal Holdings Corp. - ADR			5,242				323,186
TRADING COMPANIES & DISTRIBUTORS - 0.4%
Mitsubishi Corp.			16,300				352,209
Mitsui & Co. Ltd. - ADR			1,637				477,136
							829,345
WIRELESS TELECOMMUNICATION SERVICES - 1.0%
KDDI Corp. - ADR			51,612				679,214
NTT DoCoMo, Inc. - ADR			32,356				755,513
SoftBank Group Corp.			7,200				508,479
SoftBank Group Corp. - ADR			12,952				459,925
							2,403,131
TOTAL JAPAN							36,211,062

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
JERSEY - 0.6%
METALS & MINING - 0.6%
Glencore plc			220,536			$	865,316
Randgold Resources Ltd. - ADR			6,079				530,575
TOTAL JERSEY							1,395,891
LUXEMBOURG - 0.2%
ENERGY EQUIPMENT & SERVICES - 0.2%
Tenaris SA - ADR			16,654				568,568
MEXICO - 1.5%
BANKS - 0.1%
Grupo Financiero Banorte SAB de CV - ADR			5,851				168,245
BEVERAGES - 0.3%
Coca-Cola Femsa SAB de CV - ADR			7,597				544,705
CONSTRUCTION MATERIALS - 0.3%
Cemex SAB de CV - ADR (a)			80,149				726,951
FOOD & STAPLES RETAILING - 0.3%
Wal-Mart de Mexico SAB de CV - ADR			29,614				682,010
MEDIA - 0.1%
Grupo Televisa SAB - ADR			11,081				287,441
METALS & MINING - 0.1%
Fresnillo plc			14,613				284,899
TRANSPORTATION INFRASTRUCTURE - 0.2%
Grupo Aeroportuario del Pacifico SAB de CV - ADR			4,513				438,212
WIRELESS TELECOMMUNICATION SERVICES - 0.1%
America Movil SAB de CV - Series L - ADR			17,340				245,708
TOTAL MEXICO							3,378,171

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
NETHERLANDS - 2.8%
BANKS - 0.5%
ING Groep NV - ADR			75,625			$	1,141,181
CHEMICALS - 0.2%
Akzo Nobel NV - ADR			19,227				529,896
FOOD & STAPLES RETAILING - 0.5%
Koninklijke Ahold Delhaize NV			5,491				117,518
Koninklijke Ahold Delhaize NV - ADR			49,012				1,050,817
							1,168,335
INDUSTRIAL CONGLOMERATES - 0.4%
Koninklijke Philips NV - NY Registry Shares			30,708				986,034
LIFE SCIENCES TOOLS & SERVICES - 0.2%
Qiagen NV (a)			16,162				468,213
MEDIA - 0.2%
Wolters Kluwer NV			954				39,659
Wolters Kluwer NV - ADR			7,337				304,852
							344,511
OIL, GAS & CONSUMABLE FUELS - 0.1%
Koninklijke Vopak NV			3,557				155,118
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 0.6%
ASML Holding NV - NY Registry Shares			6,611				877,941
NXP Semiconductors NV (a)			5,879				608,476
							1,486,417
SOFTWARE - 0.1%
Gemalto NV			2,161				120,765
TOTAL NETHERLANDS							6,400,470
NORWAY - 1.1%
CHEMICALS - 0.1%
Yara International ASA - ADR			7,283				281,488

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
NORWAY - 1.1% (Continued)
METALS & MINING - 0.2%
Norsk Hydro ASA			61,990			$	360,010
Norsk Hydro ASA - ADR			13,201				76,764
							436,774
OIL, GAS & CONSUMABLE FUELS - 0.8%
Statoil ASA - ADR			107,686				1,850,046
TOTAL NORWAY							2,568,308
PERU - 0.4%
METALS & MINING - 0.4%
Southern Copper Corp.			24,026				862,293
PORTUGAL - 0.1%
ELECTRIC UTILITIES - 0.1%
EDP - Energias de Portugal SA			82,980				281,086
EDP - Energias de Portugal SA - ADR			1,231				41,916
TOTAL PORTUGAL							323,002
RUSSIA - 0.2%
WIRELESS TELECOMMUNICATION SERVICES - 0.2%
Mobile TeleSystems PJSC - ADR			37,298				411,397
SINGAPORE - 1.5%
BANKS - 1.0%
DBS Group Holdings Ltd.			10,656				147,783
DBS Group Holdings Ltd. - ADR			18,371				1,022,714
United Overseas Bank Ltd.			24,187				382,296
United Overseas Bank Ltd. - ADR			22,014				697,403
							2,250,196
DIVERSIFIED TELECOMMUNICATION SERVICES - 0.2%
Singapore Telecommunications Ltd.			86,000				240,998
Singapore Telecommunications Ltd. - ADR			6,886				193,565
							434,563
INDUSTRIAL CONGLOMERATES - 0.2%
Keppel Corporation Ltd.			11,721				58,150
Keppel Corporation Ltd. - ADR			49,775				494,763
							552,913

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
SINGAPORE - 1.5% (Continued)
MACHINERY - 0.1%
Sembcorp Marine Ltd.			204,000			$	279,272
REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.0% (b)
Keppel REIT			737				553
TOTAL SINGAPORE							3,517,497
SOUTH AFRICA - 1.0%
BANKS - 0.1%
Standard Bank Group Ltd. - ADR			19,275				205,857
MEDIA - 0.2%
Naspers Ltd. - ADR			29,910				518,340
METALS & MINING - 0.3%
Gold Fields Ltd. - ADR			219,064				773,296
TRADING COMPANIES & DISTRIBUTORS - 0.2%
Barloworld Ltd.			45,286				402,718
WIRELESS TELECOMMUNICATION SERVICES - 0.2%
MTN Group Ltd. - ADR			50,154				450,884
TOTAL SOUTH AFRICA							2,351,095
SOUTH KOREA - 2.6%
BANKS - 1.4%
KB Financial Group, Inc. - ADR			35,152				1,545,633
Shinhan Financial Group Co. Ltd. - ADR			30,017				1,254,410
Woori Bank - ADR			9,632				338,180
							3,138,223
DIVERSIFIED TELECOMMUNICATION SERVICES - 0.5%
KT Corp. - ADR			71,631				1,205,550
ELECTRONIC EQUIPMENT INSTRUMENTS & COMPONENTS - 0.4%
LG Display Co. Ltd. - ADR			61,056				831,583

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
SOUTH KOREA - 2.6% (Continued)
WIRELESS TELECOMMUNICATION SERVICES - 0.3%
SK Telecom Co. Ltd. - ADR			32,754			$	824,746
TOTAL SOUTH KOREA							6,000,102
SPAIN - 2.4%
BANKS - 1.0%
Banco Bilbao Vizcaya Argentaria SA - ADR			102,689				781,463
Banco Santander SA - ADR			230,491				1,399,080
							2,180,543
DIVERSIFIED TELECOMMUNICATION SERVICES - 0.5%
Telefonica SA - ADR			103,466				1,157,784
ELECTRIC UTILITIES - 0.2%
Iberdrola SA - ADR			16,749				479,021
METALS & MINING - 0.1%
Acerinox SA (a)			16,589				232,296
OIL, GAS & CONSUMABLE FUELS - 0.3%
Repsol SA			24,639				380,507
Repsol SA - ADR			27,585				427,705
							808,212
SPECIALTY RETAIL - 0.3%
Industria de Diseno Textil SA			17,640				621,813
TOTAL SPAIN							5,479,669
SWEDEN - 2.3%
COMMUNICATIONS EQUIPMENT - 0.2%
Telefonaktiebolaget LM Ericsson - ADR			68,485				454,741
CONSTRUCTION & ENGINEERING - 0.4%
Skanska AB - Class B			37,142				874,676
HOUSEHOLD PRODUCTS - 0.1%
Svenska Cellulosa AB SCA - Class B			12,219				394,125

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
SWEDEN - 2.3% (Continued)
MACHINERY - 0.9%
Alfa Laval AB			23,419			$	441,989
Atlas Copco AB - Class A			8,922				314,964
Atlas Copco AB - Class A - ADR			18,292				650,464
Sandvik AB			19,176				286,575
Sandvik AB - ADR			20,116				300,573
							1,994,565
METALS & MINING - 0.3%
Boliden AB			22,985				684,945
OIL, GAS & CONSUMABLE FUELS - 0.2%
Lundin Petroleum AB (a)			24,270				492,451
SPECIALTY RETAIL - 0.2%
Hennes & Mauritz AB - ADR			65,360				331,375
Hennes & Mauritz AB - Class B			3,195				81,660
							413,035
TOTAL SWEDEN							5,308,538
SWITZERLAND - 6.6%
CAPITAL MARKETS - 0.7%
Credit Suisse Group AG - ADR (a)			23,597				350,179
Julius Baer Group Ltd. (a)			9,537				476,150
UBS Group AG (a)			46,462				741,069
							1,567,398
DIVERSIFIED TELECOMMUNICATION SERVICES - 0.2%
Swisscom AG - ADR (a)			7,140				330,939
ELECTRICAL EQUIPMENT - 0.6%
ABB Ltd. - ADR			61,282				1,433,999
FOOD PRODUCTS - 1.9%
Barry Callebaut AG			397				518,910
Nestle SA - ADR			51,200				3,937,280
							4,456,190

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
SWITZERLAND - 6.6% (Continued)
INSURANCE - 0.6%
Swiss Re AG			3,563			$	320,021
Zurich Insurance Group AG - ADR			38,250				1,020,128
							1,340,149
MACHINERY - 0.1%
Schindler Holding AG			1,587				300,929
PHARMACEUTICALS - 2.0%
Novartis AG - ADR			28,388				2,108,377
Roche Holding AG - ADR			73,832				2,364,839
							4,473,216
PROFESSIONAL SERVICES - 0.2%
Adecco SA			4,136				293,844
Adecco SA - ADR			4,982				177,160
							471,004
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS - 0.1%
Logitech International SA			6,535				208,270
TRADING COMPANIES & DISTRIBUTORS - 0.2%
Wolseley plc			537				33,777
Wolseley plc - ADR			63,056				399,775
							433,552
TOTAL SWITZERLAND							15,015,646
TAIWAN - 2.5%
DIVERSIFIED TELECOMMUNICATION SERVICES - 0.6%
Chunghwa Telecom Co. Ltd. - ADR			40,566				1,378,433
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS - 0.1%
AU Optronics Corp. - ADR			56,975				217,645
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 1.8%
Advanced Semiconductor Engineering, Inc. - ADR			101,549				658,038
Siliconware Precision Industries Co. Ltd. - ADR			70,913				573,686
Taiwan Semiconductor Manufacturing Co. Ltd. - ADR			77,900				2,558,236
United Microelectronics Corp. - ADR			191,039				368,705
							4,158,665
TOTAL TAIWAN							5,754,743

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
TURKEY - 0.1%
BANKS - 0.0% (b)
Turkiye Garanti Bankasi AS - ADR			59,610			$	143,660
WIRELESS TELECOMMUNICATIONS SERVICES - 0.1%
Turkcell Iletisim Hizmetleri AS - ADR (a)			17,920				148,378
TOTAL TURKEY							292,038
UNITED KINGDOM - 11.3%
BANKS - 1.8%
Barclays plc - ADR			51,664				580,703
HSBC Holdings plc - ADR			55,169				2,251,999
Lloyds Banking Group plc - ADR			269,987				917,956
Standard Chartered plc (a)			45,039				430,582
							4,181,240
CAPITAL MARKETS - 0.0% (b)
Man Group plc			3,940				7,267
Man Group plc - ADR			7,608				14,013
							21,280
DIVERSIFIED TELECOMMUNICATION SERVICES - 0.3%
BT Group plc - ADR			31,878				640,429
ELECTRIC UTILITIES - 0.4%
SSE plc			2,983				55,167
SSE plc - ADR			39,878				751,501
							806,668
ENERGY EQUIPMENT & SERVICES - 0.4%
AMEC Foster Wheeler plc			32,410				215,836
Subsea 7 SA (a)			43,347				670,499
Subsea 7 SA - ADR (a)			3,305				51,062
							937,397
FOOD & STAPLES RETAILING - 0.4%
J Sainsbury plc			4,806				15,916
J Sainsbury plc - ADR			18,741				253,622
Tesco plc (a)			46,000				106,974
Tesco plc - ADR (a)			29,931				208,619
WM Morrison Supermarkets plc			29,374				88,332
WM Morrison Supermarkets plc - ADR			8,054				120,850
							794,313

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
UNITED KINGDOM - 11.3% (Continued)
FOOD PRODUCTS - 0.2%
Associated British Foods plc			11,454			$	373,859
HEALTH CARE EQUIPMENT & SUPPLIES - 0.3%
Smith & Nephew plc			4,232				64,480
Smith & Nephew plc - ADR			17,185				531,532
							596,012
HOTELS, RESTAURANTS & LEISURE - 0.6%
Compass Group plc			2,247				42,400
Compass Group plc - ADR			47,072				906,607
Intercontinental Hotels Group plc - ADR			9,520				465,814
							1,414,821
HOUSEHOLD PRODUCTS - 0.6%
Reckitt Benckiser Group plc			3,212				293,229
Reckitt Benckiser Group plc - ADR			63,170				1,175,278
							1,468,507
INSURANCE - 0.7%
Aviva plc			41,971				279,772
Aviva plc - ADR			22,486				300,525
Prudential plc - ADR			26,183				1,109,112
							1,689,409
MEDIA - 1.0%
Pearson plc - ADR			52,078				441,621
RELX plc - ADR			43,770				866,646
WPP plc - ADR			9,005				985,147
							2,293,414
MULTILINE RETAIL - 0.2%
Marks & Spencer Group plc			10,719				45,261
Marks & Spencer Group plc - ADR			25,759				217,148
Next plc			3,908				211,535
							473,944
MULTI-UTILITIES - 0.7%
National Grid plc - ADR			26,570				1,686,664
OIL, GAS & CONSUMABLE FUELS - 0.2%
Tullow Oil plc (a)			112,077				328,606
Tullow Oil plc - ADR (a)			15,976				22,686
							351,292

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
UNITED KINGDOM - 11.3% (Continued)
PERSONAL PRODUCTS - 0.9%
Unilever NV - NY Registry Shares - ADR			42,041			$	2,088,597
PHARMACEUTICALS - 1.4%
AstraZeneca plc - ADR			44,102				1,373,336
GlaxoSmithKline plc - ADR			43,345				1,827,425
Indivior plc - ADR			1,963				39,103
							3,239,864
PROFESSIONAL SERVICES - 0.1%
Capita plc			32,934				232,944
REAL ESTATE INVESTMENT TRUSTS (REIT) - 0.2%
Land Securities Group plc			30,627				406,006
SOFTWARE - 0.1%
Sage Group plc			33,781				266,870
Sage Group plc - ADR			2,320				72,825
							339,695
SPECIALTY RETAIL - 0.1%
Kingfisher plc - ADR			29,151				243,120
WATER UTILITIES - 0.3%
Severn Trent plc			10,914				325,738
United Utilities Group plc			2,386				29,702
United Utilities Group plc - ADR			12,883				325,102
							680,542
WIRELESS TELECOMMUNICATION SERVICES - 0.4%
Vodafone Group plc - ADR			33,358				881,652
TOTAL UNITED KINGDOM							25,841,669
UNITED STATES - 1.3%
DIVERSIFIED CONSUMER SERVICES - 0.2%
New Oriental Education & Technology Group, Inc. - ADR (a)			7,334				442,827
HOTELS, RESTAURANTS & LEISURE - 0.5%
Carnival plc - ADR			7,671				444,074
Yum China Holdings, Inc. (a)			21,920				596,224
							1,040,298

COMMON STOCKS - 98.3% (Continued)		Shares				Fair Value
UNITED STATES - 1.3% (Continued)
IT SERVICES - 0.2%
CGI Group, Inc. - Class A (a)			9,434			$	452,172
MEDIA - 0.1%
Thomson Reuters Corp.			7,011				303,086
MULTILINE RETAIL - 0.3%
JD.com, Inc. - ADR (a)			25,659				798,252
TOTAL UNITED STATES							3,036,635
TOTAL COMMON STOCKS (COST $191,853,460)						$	225,027,238

CORPORATE NOTES - 0.7%		Coupon		Maturity		Par Value				Value
COMMUNITY DEVELOPMENT - 0.7%
Calvert Social Investment Foundation, Inc. (c)		1.000	%	06/15/17		$	500,000			$	500,000
Calvert Social Investment Foundation, Inc. (c)		1.000	%	12/15/17			600,000				600,000
Calvert Social Investment Foundation, Inc. (c)		1.500	%	06/17/19			500,000				500,000
TOTAL CORPORATE NOTES (COST $1,600,000)										$	1,600,000
TOTAL INVESTMENTS - (COST(d) $193,453,460 - Unrealized gain/loss $33,173,778) - 99.0%										$	226,627,238
OTHER ASSETS IN EXCESS OF LIABILITIES- 1.0%											2,294,757
NET ASSET - 100.0%										$	228,921,995

COMMON STOCKS - 98.8%		Shares				Value
AEROSPACE & DEFENSE - 0.1%
Arconic, Inc.			9,350			$	246,279
AIRLINES - 0.4%
American Airlines Group, Inc.			5,710				241,533
Delta Air Lines, Inc.			10,350				475,686
							717,219
AUTO COMPONENTS - 0.4%
Delphi Automotive plc			4,830				388,767
Goodyear Tire & Rubber Co. (The)			9,590				345,240
							734,007
AUTOMOBILES - 0.6%
Ford Motor Co.			88,423				1,029,244
BANKS - 14.2%
Bank of America Corp.			182,000				4,293,380
BB&T Corp.			24,794				1,108,292
Citigroup, Inc.			53,166				3,180,390
Fifth Third Bancorp			6,530				165,862
Huntington Bancshares, Inc.			18,154				243,082
JPMorgan Chase & Co.			66,385				5,831,258
KeyCorp			19,528				347,208
M&T Bank Corp.			3,476				537,842
PNC Financial Services Group, Inc. (The)			10,131				1,218,151
Regions Financial Corp.			24,860				361,216
SunTrust Banks, Inc.			6,766				374,160
U.S. Bancorp			18,727				964,441
Wells Fargo & Co.			87,446				4,867,244
							23,492,526
BEVERAGES - 2.3%
Coca-Cola Co. (The)			47,220				2,004,017
PepsiCo, Inc.			15,769				1,763,920
							3,767,937
BIOTECHNOLOGY - 0.9%
Amgen, Inc.			7,514				1,232,822
Vertex Pharmaceuticals, Inc. (a)			2,930				320,395
							1,553,217

COMMON STOCKS - 98.8% (Continued)		Shares				Value
CAPITAL MARKETS - 3.6%
Ameriprise Financial, Inc.			1,806			$	234,202
Bank of New York Mellon Corp. (The)			21,474				1,014,217
BlackRock, Inc.			992				380,442
Franklin Resources, Inc.			7,540				317,736
Goldman Sachs Group, Inc. (The)			7,297				1,676,267
Invesco Ltd.			9,712				297,478
Morgan Stanley			28,381				1,215,842
Northern Trust Corp.			3,977				344,329
State Street Corp.			6,240				496,766
							5,977,279
CHEMICALS - 3.7%
Air Products & Chemicals, Inc.			3,687				498,814
Dow Chemical Co. (The)			25,460				1,617,728
E.I. du Pont de Nemours & Co.			9,059				727,710
Eastman Chemical Co.			3,520				284,416
Ecolab, Inc.			5,966				747,779
International Flavors & Fragrances, Inc.			1,480				196,144
LyondellBasell Industries NV - Class A			6,370				580,880
Mosaic Co. (The)			10,240				298,803
Praxair, Inc.			9,146				1,084,716
							6,036,990
COMMERCIAL SERVICES & SUPPLIES - 1.4%
Johnson Controls International plc			22,287				938,728
Republic Services, Inc.			9,250				580,993
Waste Management, Inc.			10,850				791,182
							2,310,903
COMMUNICATIONS EQUIPMENT - 1.9%
Cisco Systems, Inc.			93,175				3,149,315
CONSUMER FINANCE - 1.2%
American Express Co.			6,564				519,278
Capital One Financial Corp.			10,900				944,594
Synchrony Financial			13,930				477,799
							1,941,671
CONTAINERS & PACKAGING - 0.6%
Ball Corp.			6,254				464,422
International Paper Co.			5,781				293,559

COMMON STOCKS - 98.8% (Continued)		Shares				Value
CONTAINERS & PACKAGING - 0.6% (Continued)
WestRock Co.			4,550			$	236,737
							994,718
DISTRIBUTORS - 0.4%
Genuine Parts Co.			7,820				722,646
DIVERSIFIED FINANCIAL SERVICES - 0.4%
CME Group, Inc.			3,070				364,716
Leucadia National Corp.			8,360				217,360
							582,076
DIVERSIFIED TELECOMMUNICATION SERVICES - 4.0%
AT&T, Inc.			111,181				4,619,571
CenturyLink, Inc.			7,688				181,206
Verizon Communications, Inc.			37,430				1,824,712
							6,625,489
ELECTRIC UTILITIES - 4.9%
American Electric Power Co., Inc.			15,270				1,025,075
Duke Energy Corp.			21,544				1,766,824
Edison International			5,807				462,295
Eversource Energy			11,270				662,451
NextEra Energy, Inc.			6,925				888,962
PPL Corp.			21,901				818,878
Southern Co. (The)			34,381				1,711,486
Xcel Energy, Inc.			15,124				672,262
							8,008,233
ELECTRICAL EQUIPMENT - 0.8%
Eaton Corp. plc			6,720				498,288
Emerson Electric Co.			8,294				496,479
Rockwell Automation, Inc.			2,280				355,019
							1,349,786
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS - 0.2%
TE Connectivity Ltd.			3,956				294,920
ENERGY EQUIPMENT & SERVICES - 2.1%
Baker Hughes, Inc.			11,480				686,734
National Oilwell Varco, Inc.			9,526				381,897
Schlumberger Ltd.			24,626				1,923,291

COMMON STOCKS - 98.8% (Continued)		Shares				Value
ENERGY EQUIPMENT & SERVICES - 2.1% (Continued)
TechnipFMC plc (a)			14,570			$	473,525
							3,465,447
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.2%
Crown Castle International Corp.			1,960				185,122
Iron Mountain, Inc.			5,070				180,847
							365,969
FOOD & STAPLES RETAILING - 5.0%
Costco Wholesale Corp.			8,400				1,408,596
CVS Health Corp.			26,003				2,041,235
Kroger Co. (The)			23,634				696,967
Sysco Corp.			7,993				414,997
Walgreen Boots Alliance, Inc.			18,410				1,528,951
Wal-Mart Stores, Inc.			28,280				2,038,422
Whole Foods Market, Inc.			6,300				187,236
							8,316,404
FOOD PRODUCTS - 2.5%
ConAgra Brands, Inc.			6,540				263,824
General Mills, Inc.			5,864				346,035
Hormel Foods Corp.			5,000				173,150
J.M. Smucker Co. (The)			2,030				266,092
Kellogg Co.			2,689				195,248
Kraft Heinz Co.			13,020				1,182,346
Mondelēz International, Inc. - Class A			35,312				1,521,241
Tyson Foods, Inc. - Class A			3,530				217,836
							4,165,772
HEALTH CARE EQUIPMENT & SUPPLIES - 3.8%
Abbott Laboratories			35,130				1,560,123
Baxter International, Inc.			9,382				486,550
Becton, Dickinson and Co.			1,720				315,517
Danaher Corp.			15,190				1,299,201
DENTSPLY SIRONA, Inc.			4,770				297,839
Medtronic plc			28,240				2,275,014
							6,234,244
HEALTH CARE PROVIDERS & SERVICES - 3.4%
AmerisourceBergen Corp.			4,320				382,320
Anthem, Inc.			5,470				904,629
Cardinal Health, Inc.			8,170				666,263
Centene Corp. (a)			3,730				265,800

COMMON STOCKS - 98.8% (Continued)		Shares				Value
HEALTH CARE PROVIDERS & SERVICES - 3.4% (Continued)
Cigna Corp.			5,445			$	797,638
DaVita, Inc. (a)			5,270				358,202
Express Scripts Holding Co. (a)			12,457				821,041
HCA Holdings, Inc. (a)			2,520				224,255
Laboratory Corp. of America Holdings (a)			2,670				383,065
McKesson Corp.			3,974				589,185
UnitedHealth Group, Inc.			1,390				227,974
							5,620,372
HOTELS, RESTAURANTS & LEISURE - 0.9%
Carnival Corp.			8,393				494,432
McDonald's Corp.			7,590				983,740
							1,478,172
HOUSEHOLD DURABLES - 0.7%
D.R. Horton, Inc.			12,220				407,048
Leggett & Platt, Inc.			3,240				163,037
Newell Brands, Inc.			5,730				270,284
Whirlpool Corp.			1,752				300,170
							1,140,539
HOUSEHOLD PRODUCTS - 2.0%
Colgate-Palmolive Co.			6,578				481,444
Kimberly-Clark Corp.			2,070				272,474
Procter & Gamble Co. (The)			28,046				2,519,933
							3,273,851
INDEPENDENT POWER AND RENEWABLE ELECTRICITY PRODUCERS - 0.1%
AES Corp.			14,014				156,676
INDUSTRIAL CONGLOMERATES - 1.1%
3M Co.			7,625				1,458,891
Roper Technologies, Inc.			1,890				390,266
							1,849,157
INSURANCE - 8.1%
Aflac, Inc.			10,310				746,650
Allstate Corp. (The)			13,209				1,076,401
American International Group, Inc.			21,857				1,364,532
Aon plc			2,137				253,641
Assurant, Inc.			2,924				279,739
Chubb Corp.			15,087				2,055,604

COMMON STOCKS - 98.8% (Continued)		Shares				Value
INSURANCE - 8.1% (Continued)
Cincinnati Financial Corp.			3,262			$	235,745
Hartford Financial Services Group, Inc. (The)			9,080				436,476
Lincoln National Corp.			4,220				276,199
Loews Corp.			10,970				513,067
Marsh & McLennan Cos., Inc.			3,820				282,260
MetLife, Inc.			27,543				1,454,821
Principal Financial Group, Inc.			6,500				410,215
Progressive Corp. (The)			19,043				746,105
Prudential Financial, Inc.			12,740				1,359,103
Travelers Cos., Inc. (The)			8,103				976,736
Unum Group			5,160				241,952
Willis Towers Watson plc			2,350				307,591
XL Group Ltd.			8,980				357,943
							13,374,780
INTERNET SOFTWARE & SERVICES - 0.9%
Alphabet, Inc. - Class C (a)			300				248,868
eBay, Inc. (a)			13,068				438,693
Yahoo!, Inc. (a)			16,790				779,224
							1,466,785
IT SERVICES - 1.4%
Accenture plc - Class A			3,890				466,333
International Business Machines Corp.			7,332				1,276,795
Paychex, Inc.			3,684				216,988
Visa, Inc. - Class A			3,120				277,274
							2,237,390
LIFE SCIENCES TOOLS & SERVICES - 0.5%
Thermo Fisher Scientific, Inc.			4,884				750,182
MACHINERY - 1.8%
Deere & Co.			4,267				464,506
Dover Corp.			5,143				413,240
Flowserve Corp.			3,900				188,838
Illinois Tool Works, Inc.			2,235				296,071
Ingersoll-Rand plc			2,625				213,465
PACCAR, Inc.			2,996				201,331
Parker-Hannifin Corp.			1,567				251,222
Pentair plc			4,480				281,254
Snap-on, Inc.			2,090				352,520

COMMON STOCKS - 98.8% (Continued)		Shares				Value
MACHINERY - 1.8% (Continued)
Stanley Black & Decker, Inc.			2,630			$	349,448
							3,011,895
MEDIA - 1.7%
Charter Communications, Inc. - Class A (a)			330				108,016
Comcast Corp. - Class A			5,450				204,866
Omnicom Group, Inc.			2,019				174,058
Twenty-First Century Fox, Inc. - Class B			21,460				681,999
Viacom, Inc. - Class B			4,870				227,039
Walt Disney Co. (The)			12,757				1,446,516
							2,842,494
METALS & MINING - 0.2%
Newmont Mining Corp.			3,270				107,779
Nucor Corp.			2,560				152,883
							260,662
MULTI-LINE RETAIL - 0.5%
Macy's, Inc.			8,583				254,400
Target Corp.			9,106				502,560
							756,960
MULTI-UTILITIES - 1.5%
Ameren Corp.			5,570				304,066
Consolidated Edison, Inc.			7,361				571,655
DTE Energy Co.			5,910				603,470
Sempra Energy			7,343				811,402
WEC Energy Group, Inc.			2,940				178,252
							2,468,845
OIL, GAS & CONSUMABLE FUELS - 7.4%
Apache Corp.			5,378				276,375
ConocoPhillips			47,977				2,392,613
EOG Resources, Inc.			9,010				878,926
EQT Corp.			2,798				170,958
Hess Corp.			17,460				841,747
Kinder Morgan, Inc.			44,101				958,756
Marathon Oil Corp.			35,486				560,679
Marathon Petroleum Corp.			10,726				542,092
Murphy Oil Corp.			13,916				397,858
Noble Energy, Inc.			10,718				368,056
Occidental Petroleum Corp.			35,470				2,247,379
ONEOK, Inc.			2,855				158,281

COMMON STOCKS - 98.8% (Continued)		Shares				Value
OIL, GAS & CONSUMABLE FUELS - 7.4% (Continued)
Phillips 66			11,440			$	906,277
Pioneer Natural Resources Co.			1,110				206,715
Tesoro Corp.			2,430				196,976
Valero Energy Corp.			11,900				788,851
Williams Cos., Inc. (The)			9,371				277,288
							12,169,827
PERSONAL PRODUCTS - 0.1%
Estee Lauder Cos., Inc. (The) - Class A			2,200				186,538
PHARMACEUTICALS - 4.6%
AbbVie, Inc.			3,278				213,594
Bristol-Myers Squibb Co.			15,019				816,733
Eli Lilly & Co.			14,157				1,190,745
Johnson & Johnson			23,521				2,929,541
Mallinckrodt plc (a)			5,340				238,004
Merck & Co., Inc.			24,171				1,535,825
Mylan NV (a)			10,220				398,478
Perrigo Co. plc			3,340				221,743
							7,544,663
PROFESSIONAL SERVICES - 0.1%
Nielsen Holdings plc			5,930				244,968
REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.6%
HCP, Inc.			8,647				270,478
Simon Property Group, Inc.			989				170,138
Weyerhaeuser Co.			16,349				555,539
							996,155
ROAD & RAIL - 0.8%
CSX Corp.			5,740				267,197
Norfolk Southern Corp.			4,645				520,101
Union Pacific Corp.			5,360				567,731
							1,355,029
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 1.3%
Intel Corp.			50,018				1,804,149
Micron Technology, Inc. (a)			13,970				403,733
							2,207,882

COMMON STOCKS - 98.8% (Continued)		Shares				Value
SOFTWARE - 1.1%
Adobe Systems, Inc. (a)			1,819			$	236,706
CA, Inc.			7,512				238,281
Microsoft Corp.			3,090				203,507
Oracle Corp.			26,762				1,193,853
							1,872,347
SOFTWARE & SERVICES - 0.1%
S&P Global, Inc.			918				120,019
SPECIALTY RETAIL - 0.7%
Home Depot, Inc. (The)			1,142				167,680
Lowe's Cos., Inc.			8,780				721,804
Staples, Inc.			25,360				222,407
							1,111,891
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS - 0.8%
Apple, Inc.			1,610				231,293
HP, Inc.			32,130				574,484
Seagate Technology plc			4,910				225,516
Western Digital Corp.			4,475				369,322
							1,400,615
TEXTILES, APPAREL & LUXURY GOODS - 0.6%
NIKE, Inc. - Class B			11,440				637,551
VF Corp.			5,110				280,897
							918,448
WATER UTILITIES - 0.2%
American Water Works Co., Inc.			3,640				283,083
TOTAL COMMON STOCKS (COST $128,096,465)						$	163,182,516

RIGHTS - 0.0% (b)		Shares				Value
Safeway, Inc. (Casa Ley subsidiary), expiring 1/30/18			6,607			$	322
Safeway, Inc. (PDC subsidiary), expiring 1/30/17			6,607				6,706
TOTAL RIGHTS (COST $0)						$	7,028

CORPORATE NOTES - 0.8%		Coupon		Maturity		Principal Amount				Fair Value
COMMUNITY DEVELOPMENT - 0.8%
Calvert Social Investment Foundation, Inc. (c)		1.000	%	06/15/17		$	260,000			$	260,000
Calvert Social Investment Foundation, Inc. (c)		1.000	%	12/15/17			750,000				750,000
Calvert Social Investment Foundation, Inc. (c)		1.500	%	06/17/19			260,000				260,000
TOTAL CORPORATE NOTES (COST $1,270,000)										$	1,270,000
TOTAL INVESTMENTS - (COST(d) $129,366,465 - Unrealized gain/loss $35,093,079) - 99.6%										$	164,459,544
OTHER ASSETS IN EXCESS OF LIABILITIES - 0.4%											662,645
NET ASSETS - 100.0%										$	165,122,189

COMMON STOCKS - 98.9%		Shares				Value
AEROSPACE & DEFENSE - 0.4%
TransDigm Group, Inc.			3,846			$	846,735
AIR FREIGHT & LOGISTICS - 1.4%
C.H. Robinson Worldwide, Inc.			3,010				232,643
FedEx Corp.			5,881				1,147,677
United Parcel Service, Inc. - Class B			16,427				1,762,617
							3,142,937
AIRLINES - 0.5%
Southwest Airlines Co.			13,080				703,181
United Continental Holdings, Inc. (a)			6,113				431,822
							1,135,003
AUTOMOBILES - 0.1%
Harley-Davidson, Inc.			4,305				260,453
BANKS - 1.2%
Citizens Financial Group, Inc.			6,231				215,281
Comerica, Inc.			4,494				308,199
JPMorgan Chase & Co.			2,354				206,775
KeyCorp			18,927				336,522
PNC Financial Services Group, Inc. (The)			2,433				292,544
U.S. Bancorp			25,805				1,328,957
							2,688,278
BEVERAGES - 2.4%
Coca-Cola Co. (The)			54,004				2,291,930
Dr Pepper Snapple Group, Inc.			2,280				223,258
Monster Beverage Corp. (a)			8,550				394,753
PepsiCo, Inc.			20,249				2,265,053
							5,174,994
BIOTECHNOLOGY - 3.6%
Alexion Pharmaceuticals, Inc. (a)			4,425				536,487
Amgen, Inc.			9,369				1,537,172
Biogen, Inc. (a)			4,102				1,121,569
Celgene Corp. (a)			15,030				1,870,183
Gilead Sciences, Inc.			27,152				1,844,164
Regeneron Pharmaceuticals, Inc. (a)			1,227				475,475
Vertex Pharmaceuticals, Inc. (a)			4,082				446,366
							7,831,416

COMMON STOCKS - 98.9% (Continued)		Shares				Value
CAPITAL MARKETS - 0.9%
BlackRock, Inc.			1,574			$	603,645
Charles Schwab Corp. (The)			25,758				1,051,184
Moody's Corp.			3,611				404,576
							2,059,405
CHEMICALS - 2.0%
Air Products & Chemicals, Inc.			4,111				556,177
Albemarle Corp.			3,093				326,745
E.I. du Pont de Nemours & Co.			7,834				629,305
Ecolab, Inc.			5,322				667,059
International Flavors & Fragrances, Inc.			3,158				418,530
LyondellBasell Industries NV - Class A			2,820				257,156
Praxair, Inc.			8,079				958,169
Sherwin-Williams Co. (The)			1,820				564,546
							4,377,687
COMMERCIAL SERVICES & SUPPLIES - 1.1%
Johnson Controls International plc			5,457				229,849
Republic Services, Inc.			14,451				907,667
Waste Management, Inc.			18,252				1,330,936
							2,468,452
COMMUNICATIONS EQUIPMENT - 0.1%
Juniper Networks, Inc.			8,505				236,694
CONSTRUCTION MATERIALS - 0.6%
Martin Marietta Materials, Inc.			2,886				629,870
Vulcan Materials Co.			5,294				637,821
							1,267,691
CONSUMER FINANCE - 0.6%
American Express Co.			6,566				519,436
Discover Financial Services			10,384				710,162
							1,229,598
CONTAINERS & PACKAGING - 0.2%
International Paper Co.			6,608				335,554
DIVERSIFIED FINANCIAL SERVICES - 0.8%
CME Group, Inc.			3,995				474,606
Intercontinental Exchange, Inc.			10,235				612,769
S&P Global, Inc.			5,128				670,435
							1,757,810

COMMON STOCKS - 98.9% (Continued)		Shares				Value
DIVERSIFIED TELECOMMUNICATION SERVICES - 1.4%
AT&T, Inc.			7,872			$	327,082
Level 3 Communications, Inc. (a)			6,264				358,426
Verizon Communications, Inc.			49,462				2,411,272
							3,096,780
ELECTRIC UTILITIES - 0.3%
NextEra Energy, Inc.			5,360				688,063
ELECTRICAL EQUIPMENT - 0.9%
Acuity Brands, Inc.			1,128				230,112
Emerson Electric Co.			10,512				629,248
Rockwell Automation, Inc.			7,485				1,165,490
							2,024,850
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS - 0.7%
Amphenol Corp. - Class A			7,167				510,075
Corning, Inc.			20,828				562,356
TE Connectivity Ltd.			5,385				401,452
							1,473,883
ENERGY EQUIPMENT & SERVICES - 0.7%
Baker Hughes, Inc.			5,892				352,460
Schlumberger Ltd.			16,042				1,252,880
							1,605,340
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 4.0%
American Tower Corp.			10,594				1,287,595
AvalonBay Communities, Inc.			2,316				425,218
Crown Castle International Corp.			9,450				892,553
Digital Realty Trust, Inc.			4,316				459,179
Equinix, Inc.			1,753				701,849
Federal Realty Investment Trust			3,075				410,513
GGP, Inc.			12,536				290,584
Host Hotels & Resorts, Inc.			16,449				306,938
Iron Mountain, Inc.			8,187				292,030
Prologis, Inc.			13,062				677,657
Public Storage			2,206				482,915
Realty Income Corp.			5,555				330,689
Simon Property Group, Inc.			5,204				895,244
UDR, Inc.			10,721				388,743
Ventas, Inc.			5,177				336,712

COMMON STOCKS - 98.9% (Continued)		Shares				Value
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 4.0% (Continued)
Welltower, Inc.			9,882			$	699,843
							8,878,262
FOOD & STAPLES RETAILING - 0.3%
Sysco Corp.			7,188				373,201
Wal-Mart Stores, Inc.			2,611				188,201
Whole Foods Market, Inc.			6,590				195,855
							757,257
FOOD PRODUCTS - 0.9%
General Mills, Inc.			13,762				812,095
Hershey Co. (The)			5,263				574,983
Kellogg Co.			8,108				588,722
							1,975,800
HEALTH CARE EQUIPMENT & SUPPLIES - 3.2%
Abbott Laboratories			16,121				715,934
Baxter International, Inc.			7,430				385,320
Becton, Dickinson and Co.			7,318				1,342,414
Boston Scientific Corp. (a)			28,192				701,135
C.R. Bard, Inc.			2,178				541,320
Danaher Corp.			15,314				1,309,806
Edwards Lifesciences Corp. (a)			4,070				382,865
Intuitive Surgical, Inc. (a)			887				679,859
Stryker Corp.			6,643				874,551
							6,933,204
HEALTH CARE PROVIDERS & SERVICES - 2.7%
Aetna, Inc.			7,870				1,003,818
AmerisourceBergen Corp.			5,221				462,059
Centene Corp. (a)			2,008				143,090
HCA Holdings, Inc. (a)			5,270				468,977
Humana, Inc.			3,143				647,898
UnitedHealth Group, Inc.			19,462				3,191,963
							5,917,805
HEALTH CARE TECHNOLOGY - 0.2%
Cerner Corp. (a)			8,234				484,571
HOTELS, RESTAURANTS & LEISURE - 2.3%
Chipotle Mexican Grill, Inc. (a)			790				351,961
Marriott International, Inc. - Class A			8,558				805,992

COMMON STOCKS - 98.9% (Continued)		Shares				Value
HOTELS, RESTAURANTS & LEISURE - 2.3% (Continued)
McDonald's Corp.			12,500			$	1,620,125
Starbucks Corp.			31,676				1,849,562
Yum! Brands, Inc.			6,767				432,411
							5,060,051
HOUSEHOLD DURABLES - 0.3%
Mohawk Industries, Inc. (a)			2,024				464,488
Newell Brands, Inc.			5,827				274,859
							739,347
HOUSEHOLD PRODUCTS - 2.2%
Colgate-Palmolive Co.			19,805				1,449,528
Kimberly-Clark Corp.			6,725				885,212
Procter & Gamble Co. (The)			28,043				2,519,663
							4,854,403
INDUSTRIAL CONGLOMERATES - 1.4%
3M Co.			13,549				2,592,330
Roper Technologies, Inc.			1,811				373,954
							2,966,284
INSURANCE - 1.3%
Aflac, Inc.			4,154				300,833
Aon plc			6,821				809,584
Chubb Corp.			2,780				378,775
Marsh & McLennan Cos., Inc.			17,227				1,272,903
							2,762,095
INTERNET & DIRECT MARKETING RETAIL - 4.7%
Amazon.com, Inc. (a)			7,761				6,880,437
Expedia, Inc.			2,852				359,837
Netflix, Inc. (a)			8,437				1,247,073
Priceline Group, Inc. (The) (a)			1,030				1,833,369
							10,320,716
INTERNET SOFTWARE & SERVICES - 7.6%
Akamai Technologies, Inc. (a)			5,069				302,619
Alphabet, Inc. - Class A (a)			6,379				5,408,116
Alphabet, Inc. - Class C (a)			5,236				4,343,576
Facebook, Inc. - Class A (a)			46,207				6,563,705
							16,618,016
IT SERVICES - 6.2%
Accenture plc - Class A			14,553				1,744,614
Automatic Data Processing, Inc.			8,962				917,619

COMMON STOCKS - 98.9% (Continued)		Shares				Value
IT SERVICES - 6.2% (Continued)
Cognizant Technology Solutions Corp. - Class A (a)			8,415			$	500,861
Fidelity National Information Services, Inc.			8,241				656,148
Fiserv, Inc. (a)			6,387				736,485
International Business Machines Corp.			10,084				1,756,028
MasterCard, Inc. - Class A			20,125				2,263,459
Paychex, Inc.			12,166				716,577
PayPal Holdings, Inc. (a)			22,112				951,258
Visa, Inc. - Class A			38,164				3,391,635
							13,634,684
LEISURE PRODUCTS - 0.2%
Hasbro, Inc.			4,868				485,924
LIFE SCIENCES TOOLS & SERVICES - 0.7%
Agilent Technologies, Inc.			5,785				305,853
Illumina, Inc. (a)			1,783				304,251
Thermo Fisher Scientific, Inc.			6,351				975,514
							1,585,618
MACHINERY - 1.6%
Deere & Co.			4,488				488,563
Illinois Tool Works, Inc.			9,594				1,270,917
Ingersoll-Rand plc			6,896				560,783
PACCAR, Inc.			4,404				295,949
Parker-Hannifin Corp.			3,091				495,549
Xylem, Inc.			6,063				304,484
							3,416,245
MEDIA - 5.2%
CBS Corp. - Class B			10,907				756,510
Charter Communications, Inc. - Class A (a)			4,569				1,495,525
Comcast Corp. - Class A			99,802				3,751,557
Discovery Communications, Inc. - Class C (a)			13,725				388,555
Omnicom Group, Inc.			6,116				527,260
Time Warner, Inc.			16,206				1,583,488
Twenty-First Century Fox, Inc. - Class B			22,965				729,828
Walt Disney Co. (The)			19,939				2,260,883
							11,493,606
METALS & MINING - 0.3%
Newmont Mining Corp.			12,767				420,800

COMMON STOCKS - 98.9% (Continued)		Shares				Value
METALS & MINING - 0.3% (Continued)
Nucor Corp.			4,570			$	272,921
							693,721
MULTI-LINE RETAIL - 0.3%
Dollar Tree, Inc. (a)			3,886				304,895
Target Corp.			4,956				273,522
							578,417
MULTI-UTILITIES - 0.2%
CenterPoint Energy, Inc.			13,201				363,952
OIL, GAS & CONSUMABLE FUELS - 1.5%
Apache Corp.			6,000				308,340
ConocoPhillips			4,907				244,712
EOG Resources, Inc.			6,985				681,387
EQT Corp.			3,520				215,072
Noble Energy, Inc.			3,045				104,565
Occidental Petroleum Corp.			8,735				553,449
ONEOK, Inc.			5,111				283,354
Pioneer Natural Resources Co.			3,656				680,857
Williams Cos., Inc. (The)			5,981				176,978
							3,248,714
PERSONAL PRODUCTS - 0.2%
Estee Lauder Cos., Inc. (The) - Class A			5,280				447,691
PHARMACEUTICALS - 5.5%
AbbVie, Inc.			36,696				2,391,112
Bristol-Myers Squibb Co.			19,655				1,068,839
Eli Lilly & Co.			12,108				1,018,404
Johnson & Johnson			35,751				4,452,787
Merck & Co., Inc.			37,284				2,369,025
Zoetis, Inc.			14,643				781,497
							12,081,664
PROFESSIONAL SERVICES - 0.2%
Nielsen Holdings plc			10,461				432,144
ROAD & RAIL - 1.0%
CSX Corp.			15,035				699,879
Union Pacific Corp.			13,604				1,440,936
							2,140,815

COMMON STOCKS - 98.9% (Continued)		Shares				Value
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 5.4%
Analog Devices, Inc.			7,094			$	581,353
Applied Materials, Inc.			24,367				947,876
Broadcom Ltd.			8,089				1,771,167
Intel Corp.			47,177				1,701,674
KLA-Tencor Corp.			4,512				428,956
Lam Research Corp.			3,913				502,273
Microchip Technology, Inc.			7,002				516,608
NVIDIA Corp.			10,929				1,190,496
QUALCOMM, Inc.			30,537				1,750,992
Skyworks Solutions, Inc.			3,110				304,718
Texas Instruments, Inc.			22,211				1,789,318
Xilinx, Inc.			4,619				267,394
							11,752,825
SOFTWARE - 7.9%
Activision Blizzard, Inc.			14,012				698,638
Adobe Systems, Inc. (a)			10,776				1,402,281
Autodesk, Inc. (a)			4,626				400,010
Citrix Systems, Inc. (a)			3,452				287,862
Electronic Arts, Inc. (a)			5,362				480,006
Intuit, Inc.			5,164				598,972
Microsoft Corp.			154,029				10,144,350
Oracle Corp.			35,196				1,570,094
Red Hat, Inc. (a)			3,789				327,749
salesforce.com, Inc. (a)			13,105				1,081,031
Symantec Corp.			13,164				403,872
							17,394,865
SPECIALTY RETAIL - 3.6%
Advance Auto Parts, Inc.			1,310				194,220
AutoZone, Inc. (a)			659				476,490
Home Depot, Inc. (The)			26,011				3,819,195
Lowe's Cos., Inc.			15,097				1,241,124
O'Reilly Automotive, Inc. (a)			2,290				617,934
Ross Stores, Inc.			6,132				403,915
TJX Cos., Inc. (The)			10,035				793,568
Ulta Salon, Cosmetics & Fragrance, Inc. (a)			1,400				399,322
							7,945,768

COMMON STOCKS - 98.9% (Continued)		Shares				Value
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS - 6.8%
Apple, Inc.			104,727			$	15,045,081
TEXTILES, APPAREL & LUXURY GOODS - 0.5%
NIKE, Inc. - Class B			16,735				932,642
Under Armour, Inc. - Class A (a)			11,753				232,474
							1,165,116
TRADING COMPANIES & DISTRIBUTORS - 0.4%
Fastenal Co.			8,072				415,708
W.W. Grainger, Inc.			1,898				441,779
							857,487
WATER UTILITIES - 0.2%
American Water Works Co., Inc.			6,943				539,957
TOTAL COMMON STOCKS (COST $139,932,004)						$	217,273,728

CORPORATE NOTES - 0.8%		Coupon		Maturity		Principal Amount				Fair Value
COMMUNITY DEVELOPMENT - 0.8%
Calvert Social Investment Foundation, Inc. (b)		1.000	%	06/15/17		$	800,000			$	800,000
Calvert Social Investment Foundation, Inc. (b)		1.000	%	12/15/17			175,000				175,000
Calvert Social Investment Foundation, Inc. (b)		1.500	%	06/17/19			800,000				800,000
TOTAL CORPORATE NOTES (COST $1,775,000)										$	1,775,000
TOTAL INVESTMENTS - (COST(c) $141,707,004 - Unrealized gain/loss $77,341,724) - 99.7%										$	219,048,728
OTHER ASSETS IN EXCESS OF LIABILITIES - 0.3%											682,244
NET ASSETS - 100.0%										$	219,730,972

COMMON STOCKS - 98.8%		Shares				Value
AEROSPACE & DEFENSE - 0.5%
AdvanSix, Inc. (a)			3,450			$	94,254
Engility Holdings, Inc. (a)			2,850				82,479
TASER International, Inc. (a)			3,650				83,183
							259,916
AIR FREIGHT & LOGISTICS - 0.7%
Atlas Air Worldwide Holdings, Inc. (a)			1,880				104,246
Echo Global Logistics, Inc. (a)			1,960				41,846
Forward Air Corp.			2,040				97,043
Hub Group, Inc. - Class A (a)			2,260				104,864
							347,999
AIRLINES - 1.0%
Allegiant Travel Co.			1,180				189,095
Hawaiian Holdings, Inc. (a)			3,650				169,542
SkyWest, Inc.			3,790				129,808
							488,445
AUTO COMPONENTS - 1.4%
American Axle & Manufacturing Holdings, Inc. (a)			5,900				110,802
Cooper-Standard Holdings, Inc. (a)			1,190				132,007
Dorman Products, Inc. (a)			2,250				184,792
Fox Factory Holding Corp. (a)			2,040				58,548
Gentherm, Inc. (a)			2,520				98,910
Standard Motor Products, Inc.			1,500				73,710
							658,769
AUTOMOBILES - 0.5%
LCI Industries			1,700				169,660
Winnebago Industries, Inc.			1,920				56,160
							225,820
BANKS - 10.1%
Ameris Bancorp			2,470				113,867
Banc of California, Inc.			4,200				86,940
Banner Corp.			1,960				109,054
Cardinal Financial Corp.			2,510				75,149
Central Pacific Financial Corp.			2,270				69,326
City Holding Co.			710				45,781
Columbia Banking System, Inc.			3,710				144,653
Community Bank System, Inc.			2,710				148,996
Customers Bancorp, Inc. (a)			2,090				65,898

COMMON STOCKS - 98.8% (Continued)		Shares				Value
BANKS - 10.1% (Continued)
CVB Financial Corp.			6,370			$	140,713
First BanCorp (a)			18,890				106,728
First Commonwealth Financial Corp.			5,600				74,256
First Financial Bancorp			4,940				135,603
First Financial Bankshares, Inc.			4,410				176,841
First Midwest Bancorp, Inc.			5,580				132,134
Glacier Bancorp, Inc.			5,010				169,989
Great Western Bancorp, Inc.			3,870				164,127
Hanmi Financial Corp.			2,240				68,880
Home Bancshares, Inc.			8,050				217,913
Hope Bancorp, Inc.			8,360				160,261
Independent Bank Corp. (Maryland)			1,730				112,450
LegacyTexas Financial Group, Inc.			3,040				121,296
NBT Bancorp, Inc.			2,980				110,469
OFG Bancorp			4,070				48,026
Old National Bancorp			9,310				161,528
Opus Bank			4,010				80,802
Pinnacle Financial Partners, Inc.			2,775				184,399
S&T Bancorp, Inc.			2,180				75,428
ServisFirst Bancshares, Inc.			3,040				110,595
Simmons First National Corp. - Class A			1,970				108,646
Southside Bancshares, Inc.			2,250				75,533
Sterling Bancorp			9,370				222,069
Texas Capital Bancshares, Inc. (a)			3,440				287,068
Tompkins Financial Corp.			920				74,106
United Bankshares, Inc.			5,020				212,095
United Community Banks, Inc.			4,800				132,912
Westamerica Bancorp.			1,670				93,236
Wintrust Financial Corp.			3,630				250,906
							4,868,673
BIOTECHNOLOGY - 1.7%
Acorda Therapeutics, Inc. (a)			3,480				73,080
AMAG Pharmaceuticals, Inc. (a)			2,360				53,218
Eagle Pharmaceuticals, Inc. (a)			1,210				100,358
Emergent BioSolutions, Inc. (a)			3,960				114,998
Enanta Pharmaceuticals, Inc. (a)			1,630				50,204
Ligand Pharmaceuticals, Inc. (a)			1,270				134,417
MiMedx Group, Inc. (a)			6,580				62,707

COMMON STOCKS - 98.8% (Continued)		Shares				Value
BIOTECHNOLOGY - 1.7% (Continued)
Momenta Pharmaceuticals, Inc. (a)			4,620			$	61,677
Progenics Pharmaceuticals, Inc. (a)			4,270				40,309
Repligen Corp. (a)			2,250				79,200
Spectrum Pharmaceuticals, Inc. (a)			7,480				48,620
							818,788
BUILDING PRODUCTS - 2.7%
AAON, Inc.			2,750				97,212
American Woodmark Corp. (a)			1,025				94,095
Apogee Enterprises, Inc.			1,960				116,836
Gibraltar Industries, Inc. (a)			3,370				138,844
Insteel Industries, Inc.			2,100				75,894
Patrick Industries, Inc. (a)			1,000				70,800
PGT Innovations, Inc. (a)			4,110				44,182
Quanex Building Products Corp.			5,670				114,817
Simpson Manufacturing Co., Inc.			2,850				122,807
TopBuild Corp. (a)			2,710				127,370
Trex Co., Inc. (a)			2,350				163,067
Universal Forest Products, Inc.			1,560				153,722
							1,319,646
CAPITAL MARKETS – 2.0%
Donnelley Financial Solutions, Inc. (a)			2,320				44,753
Evercore Partners, Inc. - Class A			2,760				215,004
Financial Engines, Inc.			3,590				156,344
Greenhill & Co., Inc.			2,200				64,460
HFF, Inc. - Class A			2,570				71,112
Interactive Brokers Group, Inc. - Class A			4,980				172,906
INTL FCStone, Inc. (a)			1,190				45,172
Investment Technology Group, Inc.			2,350				47,587
Piper Jaffray Cos.			1,130				72,151
Virtus Investment Partners, Inc.			490				51,891
							941,380
CHEMICALS - 0.8%
Innophos Holdings, Inc.			2,140				115,496
Koppers Holdings, Inc. (a)			2,020				85,547
Quaker Chemical Corp.			1,460				192,223
							393,266
COMMERCIAL SERVICES & SUPPLIES - 3.7%
ABM Industries, Inc.			4,080				177,888

COMMON STOCKS - 98.8% (Continued)		Shares				Value
COMMERCIAL SERVICES & SUPPLIES - 3.7% (Continued)
Brady Corp. - Class A			4,820			$	186,293
Brink's Co. (The)			3,320				177,454
Essendant, Inc.			3,100				46,965
Healthcare Services Group, Inc.			4,950				213,295
Interface, Inc.			4,680				89,154
LSC Communications, Inc.			1,990				50,068
Mobile Mini, Inc.			3,110				94,855
Multi-Color Corp.			1,020				72,420
R.R. Donnelley & Sons Co.			6,330				76,656
Team, Inc. (a)			2,640				71,412
Tetra Tech, Inc.			4,740				193,629
UniFirst Corp.			1,150				162,668
US Ecology, Inc.			1,490				69,807
Viad Corp.			1,980				89,496
							1,772,060
COMMUNICATIONS EQUIPMENT - 1.7%
ADTRAN, Inc.			3,230				67,022
CalAmp Corp. (a)			3,190				53,560
Harmonic, Inc. (a)			9,220				54,859
Ixia (a)			7,030				138,140
Lumentum Holdings, Inc. (a)			3,640				194,194
NETGEAR, Inc. (a)			2,450				121,398
Viavi Solutions, Inc. (a)			15,670				167,982
							797,155
CONSTRUCTION & ENGINEERING - 0.4%
Aegion Corp. (a)			2,880				65,981
Comfort Systems USA, Inc.			2,340				85,761
MYR Group, Inc. (a)			1,530				62,730
							214,472
CONSTRUCTION MATERIALS - 0.4%
Headwaters, Inc. (a)			5,210				122,331
U.S. Concrete, Inc. (a)			1,100				71,005
							193,336
CONSUMER FINANCE - 0.7%
Encore Capital Group, Inc. (a)			2,750				84,700
Green Dot Corp. - Class A (a)			3,100				103,416
PRA Group, Inc. (a)			3,460				114,699

COMMON STOCKS - 98.8% (Continued)		Shares				Value
CONSUMER FINANCE - 0.7% (Continued)
World Acceptance Corp. (a)			710			$	36,764
							339,579
CONTAINERS & PACKAGING - 0.5%
Ingevity Corp. (a)			2,980				181,333
Myers Industries, Inc.			4,580				72,593
							253,926
DIVERSIFIED CONSUMER SERVICES - 0.8%
Capella Education Co.			880				74,822
Career Education Corp. (a)			4,710				40,977
Matthews International Corp. - Class A			2,810				190,097
Strayer Education, Inc.			760				61,172
							367,068
DIVERSIFIED TELECOMMUNICATION SERVICES - 1.1%
8x8, Inc. (a)			6,310				96,228
ATN International, Inc.			1,320				92,954
Cincinnati Bell, Inc. (a)			3,160				55,932
Cogent Communications Holdings, Inc.			3,200				137,760
Consolidated Communications Holdings, Inc.			3,970				92,977
Iridium Communications, Inc. (a)			5,930				57,225
							533,076
ELECTRIC UTILITIES - 0.5%
ALLETE, Inc.			3,670				248,496
ELECTRICAL EQUIPMENT - 0.8%
AZZ, Inc.			1,800				107,100
Encore Wire Corp.			1,700				78,200
Franklin Electric Co., Inc.			2,880				123,984
General Cable Corp.			4,630				83,108
							392,392
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS - 4.2%
Anixter International, Inc. (a)			2,180				172,874
Badger Meter, Inc.			2,110				77,542
Benchmark Electronics, Inc. (a)			3,960				125,928
CTS Corp.			2,780				59,214
Daktronics, Inc.			4,970				46,966
Fabrinet (a)			2,610				109,698
FARO Technologies, Inc. (a)			1,290				46,118

COMMON STOCKS - 98.8% (Continued)		Shares				Value
ELECTRONIC EQUIPMENT, INSTRUMENTS & COMPONENTS - 4.2% (Continued)
II-VI, Inc. (a)			3,780			$	136,269
Insight Enterprises, Inc. (a)			2,820				115,874
Itron, Inc. (a)			2,370				143,859
Methode Electronics, Inc.			2,500				114,000
MTS Systems Corp.			1,320				72,666
OSI Systems, Inc. (a)			1,360				99,266
Plexus Corp. (a)			2,470				142,766
Rogers Corp. (a)			1,610				138,251
Sanmina Corp. (a)			5,140				208,684
ScanSource, Inc. (a)			2,400				94,200
TTM Technologies, Inc. (a)			7,390				119,201
							2,023,376
ENERGY EQUIPMENT & SERVICES - 2.6%
Archrock, Inc.			4,940				61,256
Atwood Oceanics, Inc. (a)			10,930				104,163
CARBO Ceramics, Inc. (a)			3,940				51,378
Exterran Corp. (a)			4,550				143,097
Geospace Technologies Corp. (a)			2,810				45,606
Helix Energy Solutions Group, Inc. (a)			18,730				145,532
Matrix Service Co. (a)			8,110				133,815
Newpark Resources, Inc. (a)			16,660				134,946
Pioneer Energy Services Corp. (a)			8,950				35,800
SEACOR Holdings, Inc. (a)			1,250				86,488
TETRA Technologies, Inc. (a)			9,720				39,560
Tidewater, Inc. (a)			35,300				40,595
U.S. Silica Holdings, Inc.			5,020				240,910
							1,263,146
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 5.1%
Acadia Realty Trust			5,320				159,919
Agree Realty Corp.			1,980				94,961
American Assets Trust, Inc.			2,730				114,223
CareTrust REIT, Inc.			5,220				87,800
Chesapeake Lodging Trust			3,710				88,892
CoreSite Realty Corp.			2,450				220,623
DiamondRock Hospitality Co.			14,040				156,546
EastGroup Properties, Inc.			2,290				168,384
Franklin Street Properties Corp.			7,520				91,293

COMMON STOCKS - 98.8% (Continued)		Shares				Value
EQUITY REAL ESTATE INVESTMENT TRUSTS (REITS) - 5.1% (Continued)
Government Properties Income Trust			6,310			$	132,068
Kite Realty Group Trust			5,340				114,810
Lexington Realty Trust			14,740				147,105
LTC Properties, Inc.			2,270				108,733
Parkway, Inc.			2,790				55,493
Pennsylvania Real Estate Investment Trust			5,160				78,122
PS Business Parks, Inc.			1,590				182,468
Retail Opportunity Investments Corp.			7,190				151,206
Sabra Health Care REIT, Inc.			4,460				124,568
Summit Hotel Properties, Inc.			6,420				102,592
Universal Health Realty Income Trust			1,650				106,425
							2,486,231
FOOD & STAPLES RETAILING - 0.7%
Andersons, Inc. (The)			1,860				70,494
Diplomat Pharmacy, Inc. (a)			7,240				115,478
SpartanNash Co.			2,920				102,171
SUPERVALU, Inc. (a)			18,810				72,606
							360,749
FOOD PRODUCTS - 2.0%
B&G Foods, Inc.			4,680				188,370
Calavo Growers, Inc.			1,050				63,630
Cal-Maine Foods, Inc.			3,150				115,920
Darling Ingredients, Inc. (a)			11,730				170,319
J & J Snack Foods Corp.			1,600				216,896
Sanderson Farms, Inc.			2,020				209,757
							964,892
GAS UTILITIES - 1.3%
Northwest Natural Gas Co.			2,480				146,568
South Jersey Industries, Inc.			6,330				225,664
Spire, Inc.			3,590				242,325
							614,557
HEALTH CARE EQUIPMENT & SUPPLIES - 3.9%
Abaxis, Inc.			1,520				73,720
Analogic Corp.			950				72,105
AngioDynamics, Inc. (a)			3,020				52,397
Anika Therapeutics, Inc. (a)			950				41,268
Cantel Medical Corp.			2,945				235,895

COMMON STOCKS - 98.8% (Continued)		Shares				Value
HEALTH CARE EQUIPMENT & SUPPLIES - 3.9% (Continued)
CONMED Corp.			1,820			$	80,826
Haemonetics Corp. (a)			3,650				148,081
ICU Medical, Inc. (a)			1,050				160,335
Inogen, Inc. (a)			1,750				135,730
Integer Holdings Corp. (a)			2,180				87,636
Integra LifeSciences Holdings Corp. (a)			5,310				223,710
Invacare Corp.			3,570				42,483
Merit Medical Systems, Inc. (a)			3,140				90,746
Neogen Corp. (a)			2,365				155,026
Varex Imaging Corp. (a)			4,550				152,880
ZELTIQ Aesthetics, Inc. (a)			2,440				135,688
							1,888,526
HEALTH CARE PROVIDERS & SERVICES - 3.7%
Aceto Corp.			3,275				51,778
Amedisys, Inc. (a)			2,810				143,563
AMN Healthcare Services, Inc. (a)			3,380				137,228
BioTelemetry, Inc. (a)			2,100				60,795
Chemed Corp.			1,470				268,554
Community Health Systems, Inc. (a)			10,040				89,055
Cross Country Healthcare, Inc. (a)			3,090				44,372
Ensign Group, Inc. (The)			3,400				63,920
HealthEquity, Inc. (a)			4,070				172,771
HMS Holdings Corp. (a)			5,890				119,744
Kindred Healthcare, Inc.			7,520				62,792
LHC Group, Inc. (a)			1,070				57,673
Magellan Health, Inc. (a)			1,600				110,480
PharMerica Corp. (a)			2,260				52,884
Providence Service Corp. (The) (a)			1,220				54,217
Select Medical Holdings Corp. (a)			11,670				155,795
Tivity Health, Inc. (a)			2,400				69,840
U.S. Physical Therapy, Inc.			850				55,505
							1,770,966
HEALTH CARE TECHNOLOGY - 0.9%
HealthStream, Inc. (a)			2,180				52,821
Medidata Solutions, Inc. (a)			3,710				214,030
Omnicell, Inc. (a)			2,840				115,446
Quality Systems, Inc. (a)			4,120				62,789
							445,086

COMMON STOCKS - 98.8% (Continued)		Shares				Value
HOTELS, RESTAURANTS & LEISURE - 2.8%
Belmond Ltd. - Class A (a)			6,450			$	78,045
Biglari Holdings, Inc. (a)			220				95,036
Bob Evans Farms, Inc.			1,500				97,305
Chuy's Holdings, Inc. (a)			1,450				43,210
Dave & Buster's Entertainment, Inc. (a)			2,670				163,110
DineEquity, Inc.			2,520				137,138
Fiesta Restaurant Group, Inc. (a)			3,740				90,508
ILG, Inc.			7,690				161,182
Marcus Corp. (The)			1,880				60,348
Marriott Vacations Worldwide Corp.			1,800				179,874
Red Robin Gourmet Burgers, Inc. (a)			1,120				65,464
Sonic Corp.			3,500				88,760
Wingstop, Inc.			2,410				68,155
							1,328,135
HOUSEHOLD DURABLES - 1.9%
Cavco Industries, Inc. (a)			790				91,956
Ethan Allen Interiors, Inc.			2,030				62,220
Installed Building Products, Inc. (a)			2,400				126,600
iRobot Corp. (a)			1,930				127,650
La-Z-Boy, Inc.			3,670				99,090
LGI Homes, Inc. (a)			1,640				55,612
M/I Homes, Inc. (a)			1,900				46,550
MDC Holdings, Inc.			3,150				94,658
Meritage Homes Corp. (a)			2,680				98,624
Universal Electronics, Inc. (a)			1,130				77,405
William Lyon Homes - Class A (a)			2,360				48,663
							929,028
HOUSEHOLD PRODUCTS - 0.7%
Central Garden & Pet Co. - Class A (a)			3,330				115,618
WD-40 Co.			1,980				215,721
							331,339
INDUSTRIAL CONGLOMERATES - 0.2%
Raven Industries, Inc.			2,880				83,664
INSURANCE - 3.0%
American Equity Investment Life Holding Co.			6,800				160,684
AMERISAFE, Inc.			1,540				99,946
Employers Holdings, Inc.			2,590				98,290

COMMON STOCKS - 98.8% (Continued)		Shares				Value
INSURANCE - 3.0% (Continued)
HCI Group, Inc.			980			$	44,668
Horace Mann Educators Corp.			3,080				126,434
Maiden Holdings Ltd.			5,990				83,860
Navigators Group, Inc. (The)			1,640				89,052
ProAssurance Corp.			3,540				213,285
RLI Corp.			2,580				154,852
Selective Insurance Group, Inc.			3,910				184,357
Stewart Information Services Corp.			1,710				75,548
United Fire Group, Inc.			1,370				58,595
Universal Insurance Holdings, Inc.			2,220				54,390
							1,443,961
INTERNET & DIRECT MARKETING RETAIL - 0.4%
Nutrisystem, Inc.			2,150				119,325
Shutterfly, Inc. (a)			1,020				49,256
							168,581
INTERNET SOFTWARE & SERVICES - 1.1%
Blucora, Inc. (a)			3,190				55,187
LivePerson, Inc. (a)			8,470				58,019
NIC, Inc.			4,840				97,768
Shutterstock, Inc. (a)			2,450				101,308
SPS Commerce, Inc. (a)			1,280				74,867
Stamps.com, Inc. (a)			1,120				132,552
							519,701
IT SERVICES - 1.2%
Cardtronics plc - Class A (a)			3,300				154,275
CSG Systems International, Inc.			2,660				100,575
ExlService Holdings, Inc. (a)			2,360				111,770
Perficient, Inc. (a)			3,200				55,552
Sykes Enterprises, Inc. (a)			3,400				99,960
Virtusa Corp. (a)			2,370				71,621
							593,753
LEISURE PRODUCTS - 0.3%
Callaway Golf Co.			8,680				96,088
Nautilus, Inc. (a)			2,630				47,997
							144,085
LIFE SCIENCES TOOLS & SERVICES - 0.6%
Albany Molecular Research, Inc. (a)			3,470				48,684
Cambrex Corp. (a)			2,535				139,552

COMMON STOCKS - 98.8% (Continued)		Shares				Value
LIFE SCIENCES TOOLS & SERVICES - 0.6% (Continued)
Luminex Corp.			4,580			$	84,134
							272,370
MACHINERY - 5.4%
Actuant Corp. - Class A			4,520				119,102
Alamo Group, Inc.			690				52,571
Albany International Corp. - Class A			2,090				96,244
Astec Industries, Inc.			1,530				94,087
Barnes Group, Inc.			3,690				189,445
Briggs & Stratton Corp.			3,210				72,064
Chart Industries, Inc. (a)			2,270				79,314
CIRCOR International, Inc.			1,270				75,489
EnPro Industries, Inc.			1,620				115,279
ESCO Technologies, Inc.			1,900				110,390
Federal Signal Corp.			4,870				67,255
Greenbrier Cos., Inc. (The)			2,030				87,493
Harsco Corp. (a)			6,320				80,580
Hillenbrand, Inc.			5,160				184,986
John Bean Technologies Corp.			2,085				183,376
Lindsay Corp.			840				74,021
Lydall, Inc. (a)			1,350				72,360
Mueller Industries, Inc.			4,570				156,431
Proto Labs, Inc. (a)			1,720				87,892
SPX Corp. (a)			3,480				84,390
SPX FLOW, Inc. (a)			2,860				99,271
Standex International Corp.			980				98,147
Tennant Co.			1,310				95,171
Wabash National Corp.			4,440				91,864
Watts Water Technologies, Inc. - Class A			2,220				138,417
							2,605,639
MARINE - 0.2%
Matson, Inc.			3,030				96,233
MEDIA - 0.6%
Gannett Co., Inc.			8,110				67,962
New Media Investment Group, Inc.			4,350				61,813
Scholastic Corp.			2,210				94,080
World Wrestling Entertainment, Inc. - Class A			2,990				66,438
							290,293

COMMON STOCKS - 98.8% (Continued)		Shares				Value
METALS & MINING - 0.4%
Materion Corp.			2,680			$	89,914
Olympic Steel, Inc.			1,860				34,521
SunCoke Energy, Inc. (a)			6,660				59,674
							184,109
MORTGAGE REAL ESTATE INVESTMENT TRUSTS (REITS) - 0.4%
Capstead Mortgage Corp.			8,250				86,955
Four Corners Property Trust, Inc.			4,110				93,831
							180,786
MULTILINE RETAIL - 0.3%
Ollie's Bargain Outlet Holdings, Inc. (a)			4,875				163,313
MULTI-LINE RETAIL - 0.1%
Fred's, Inc. - Class A			2,820				36,942
MULTI-UTILITIES - 0.4%
Avista Corp.			5,040				196,812
OIL, GAS & CONSUMABLE FUELS - 0.5%
Cloud Peak Energy, Inc. (a)			8,110				37,144
Contango Oil & Gas Co. (a)			13,220				96,770
Green Plains, Inc.			3,100				76,725
REX American Resources Corp. (a)			470				42,530
							253,169
PAPER & FOREST PRODUCTS - 1.5%
Boise Cascade Co. (a)			3,890				103,863
Clearwater Paper Corp. (a)			1,730				96,880
Deltic Timber Corp.			1,350				105,462
KapStone Paper and Packaging Corp.			7,190				166,089
Neenah Paper, Inc.			1,880				140,436
P.H. Glatfelter Co.			4,550				98,917
							711,647
PHARMACEUTICALS - 1.9%
Amphastar Pharmaceuticals, Inc. (a)			3,400				49,300
Depomed, Inc. (a)			4,530				56,851
Impax Laboratories, Inc. (a)			5,670				71,726
Innoviva, Inc. (a)			9,270				128,204
Medicines Co. (The) (a)			4,760				232,764

COMMON STOCKS - 98.8% (Continued)		Shares				Value
PHARMACEUTICALS - 1.9% (Continued)
Nektar Therapeutics (a)			10,150			$	238,221
Phibro Animal Health Corp. - Class A			1,640				46,084
Supernus Pharmaceuticals, Inc. (a)			3,420				107,046
							930,196
PROFESSIONAL SERVICES - 2.0%
Exponent, Inc.			2,020				120,291
Insperity, Inc.			1,390				123,224
Kelly Services, Inc. - Class A			2,590				56,617
Korn/Ferry International			4,520				142,335
Navigant Consulting, Inc. (a)			4,350				99,441
On Assignment, Inc. (a)			3,380				164,031
TrueBlue, Inc. (a)			3,620				99,007
WageWorks, Inc. (a)			2,490				180,027
							984,973
ROAD & RAIL - 1.0%
ArcBest Corp.			1,760				45,760
Celadon Group, Inc.			5,460				35,763
Heartland Express, Inc.			5,750				115,287
Knight Transportation, Inc.			6,610				207,224
Saia, Inc. (a)			1,850				81,955
							485,989
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.7%
Advanced Energy Industries, Inc. (a)			2,880				197,453
Brooks Automation, Inc.			5,540				124,096
Cabot Microelectronics Corp.			1,630				124,874
CEVA, Inc. (a)			1,740				61,770
Diodes, Inc. (a)			2,910				69,985
Exar Corp. (a)			4,270				55,553
Kulicke & Soffa Industries, Inc. (a)			5,390				109,525
MKS Instruments, Inc.			4,100				281,875
Nanometrics, Inc. (a)			2,070				63,052
Power Integrations, Inc.			1,970				129,528
Rambus, Inc. (a)			7,285				95,725
Rudolph Technologies, Inc. (a)			2,700				60,480
Semtech Corp. (a)			4,710				159,198
Ultratech, Inc. (a)			1,950				57,759
Veeco Instruments, Inc. (a)			2,960				88,356

COMMON STOCKS - 98.8% (Continued)		Shares				Value
SEMICONDUCTORS & SEMICONDUCTOR EQUIPMENT - 3.7% (Continued)
Xperi Corp.			3,380			$	114,751
							1,793,980
SOFTWARE - 2.5%
Blackbaud, Inc.			3,550				272,178
Bottomline Technologies (de), Inc. (a)			3,210				75,916
Ebix, Inc.			2,750				168,437
ePlus, Inc. (a)			530				71,577
MicroStrategy, Inc. - Class A (a)			680				127,704
Monotype Imaging Holdings, Inc.			3,610				72,561
Progress Software Corp.			3,880				112,714
Qualys, Inc. (a)			2,220				84,138
Synchronoss Technologies, Inc. (a)			3,140				76,616
TiVo Solutions, Inc.			8,170				153,188
							1,215,029
SPECIALTY RETAIL - 4.3%
Abercrombie & Fitch Co. - Class A			5,900				70,387
Asbury Automotive Group, Inc. (a)			1,760				105,776
Ascena Retail Group, Inc. (a)			13,890				59,171
Barnes & Noble Education, Inc. (a)			3,970				38,072
Barnes & Noble, Inc.			4,090				37,832
Caleres, Inc.			3,100				81,902
Children's Place, Inc. (The)			1,390				166,869
Express, Inc. (a)			6,430				58,577
Finish Line, Inc. (The) - Class A			8,500				120,955
Five Below, Inc. (a)			3,920				169,775
Francesca's Holdings Corp. (a)			2,830				43,441
Genesco, Inc. (a)			1,570				87,057
Group 1 Automotive, Inc.			1,380				102,230
Guess?, Inc.			9,260				103,249
Hibbett Sports, Inc. (a)			3,770				111,215
Lithia Motors, Inc. - Class A			1,650				141,323
Lumber Liquidators Holdings, Inc. (a)			2,930				61,501
MarineMax, Inc. (a)			2,510				54,342
Monro Muffler Brake, Inc.			2,320				120,872
Select Comfort Corp. (a)			3,400				84,286
Tailored Brands, Inc.			3,570				53,336
Tile Shop Holdings, Inc.			4,970				95,673

COMMON STOCKS - 98.8% (Continued)		Shares				Value
SPECIALTY RETAIL - 4.3% (Continued)
Vitamin Shoppe, Inc. (a)			5,080			$	102,362
							2,070,203
TECHNOLOGY HARDWARE, STORAGE & PERIPHERALS - 0.7%
Cray, Inc. (a)			3,130				68,547
Electronics For Imaging, Inc. (a)			3,390				165,534
Super Micro Computer, Inc. (a)			4,440				112,554
							346,635
TEXTILES, APPAREL & LUXURY GOODS - 1.5%
Crocs, Inc. (a)			6,870				48,571
G-III Apparel Group Ltd. (a)			5,110				111,858
Iconix Brand Group, Inc. (a)			5,250				39,480
Movado Group, Inc.			1,630				40,669
Oxford Industries, Inc.			1,855				106,217
Steven Madden Ltd. (a)			5,170				199,303
Wolverine World Wide, Inc.			7,210				180,034
							726,132
THRIFTS & MORTGAGE FINANCE - 1.7%
Astoria Financial Corp.			6,390				131,059
BofI Holding, Inc. (a)			3,910				102,168
Dime Community Bancshares, Inc.			2,440				49,532
HomeStreet, Inc. (a)			2,050				57,297
LendingTree, Inc. (a)			950				119,083
Northwest Bancshares, Inc.			7,750				130,510
Provident Financial Services, Inc.			4,170				107,795
TrustCo Bank Corp. NY			5,380				42,233
Walker & Dunlop, Inc. (a)			2,200				91,718
							831,395
TRADING COMPANIES & DISTRIBUTORS - 0.6%
Applied Industrial Technologies, Inc.			2,920				180,602
DXP Enterprises, Inc. (a)			1,340				50,746
Veritiv Corp. (a)			1,190				61,642
							292,990

COMMON STOCKS - 98.8% (Continued)	Shares			Value
WATER UTILITIES - 0.5%
American States Water Co.		2,420			$	107,206
California Water Service Group		4,300				154,155
						261,361
TOTAL COMMON STOCKS (COST $47,202,334)					$	47,724,234

CORPORATE NOTES - 0.9%	Coupon			Maturity	Principal Amount				Fair Value
COMMUNITY DEVELOPMENT - 0.9%
Calvert Social Investment Foundation, Inc. (b) (COST $440,000)		1.000	%	06/15/17		$	440,000			$	440,000
TOTAL INVESTMENTS - (COST(c) $47,642,334 - Unrealized gain/loss $521,900) - 99.7%										$	48,164,234
OTHER ASSETS IN EXCESS OF LIABILITIES - 0.3%											140,621
NET ASSETS - 100.0%										$	48,304,855

MUTUAL FUNDS - 100.0%		Shares				Value
DEBT FUND - 70.0%
Praxis Impact Bond Fund - Class I (a)			1,478,513			$	15,213,898
EQUITY FUND - 30.0%
Praxis Growth Index Fund - Class I (a)			98,204				2,011,208
Praxis International Index Fund - Class I (a)			194,047				1,994,804
Praxis Small Cap Index Fund - Class I (a)(b)			52,685				545,295
Praxis Value Index Fund - Class I (a)			151,344				1,973,525
							6,524,832
TOTAL INVESTMENTS - (COST(c) $19,853,216 - Unrealized gain/loss $1,885,514) - 100.0%						$	21,738,730
OTHER ASSETS IN EXCESS OF LIABILITIES - 0.0% (d)							3,561
NET ASSETS - 100.0%						$	21,742,291

MUTUAL FUNDS - 100.0%		Shares				Value
DEBT FUND - 40.0%
Praxis Impact Bond Fund - Class I (a)			2,571,179			$	26,457,436
EQUITY FUND - 60.0%
Praxis Growth Index Fund - Class I (a)			517,208				10,592,420
Praxis International Index Fund - Class I (a)			1,179,989				12,130,291
Praxis Small Cap Index Fund - Class I (a)(b)			640,836				6,632,648
Praxis Value Index Fund - Class I (a)			797,125				10,394,506
							39,749,865
TOTAL INVESTMENTS - (COST(c) $55,307,526 - Unrealized gain/loss $10,899,775) - 100.0%						$	66,207,301
LIABILITIES IN EXCESS OF OTHER ASSETS - (0.0%) (d)							(16,332	)
NET ASSETS - 100.0%						$	66,190,969

MUTUAL FUNDS - 100.0%		Shares				Value
DEBT FUND - 20.0%
Praxis Impact Bond Fund - Class I (a)			1,108,892			$	11,410,500
EQUITY FUND - 80.0%
Praxis Growth Index Fund - Class I (a)			571,805				11,710,572
Praxis International Index Fund - Class I (a)			1,355,891				13,938,565
Praxis Small Cap Index Fund - Class I (a)(b)			829,084				8,581,023
Praxis Value Index Fund - Class I (a)			881,284				11,491,946
							45,722,106
TOTAL INVESTMENTS - (COST(c) $45,105,012 - Unrealized gain/loss $12,027,594) - 100.0%						$	57,132,606
LIABILITIES IN EXCESS OF OTHER ASSETS - (0.0%) (d)							(15,600	)
NET ASSETS - 100.0%						$	57,117,006